Trading Session – Day After Election – Live

[00:00:03.18] - Speaker 1
Welcome team. Sorry for the delay. Now we are all set up and ready to go. How are you guys? Can you hear us?

[00:00:15.18] - Speaker 2
Welcome. Good morning, Anne Marie. Oh, nice.

[00:00:23.08] - Speaker 1
Glad to have you.

[00:00:24.05] - Speaker 2
Oh, now I get, I get now nervous. Welcome, Ann Marie.

[00:00:33.10] - Speaker 1
Can you guys hear us? Please send a comment. If you can see us and hear us, please paste it in the comments so we, we know everything is working. All right.

[00:00:50.11] - Speaker 2
Welcome, Alessio. Welcome. Eric Dane. Yeah, welcome everyone.

[00:00:58.14] - Speaker 1
Okay, great. So obviously today is going to be focused on live trading. So before we we do that, I'm gonna just show the disclaimer for a few seconds. All right. And then. Yeah. So Patrick, I don't know if you want to recap what happened yesterday, what you've been doing this morning. I know you've been up since like the results. You only slept a few hours.

[00:01:39.13] - Speaker 2
Yeah. The good thing is what I was doing this morning. I was really sleeping because I was looking until we're getting the winner. So as Donald Trump was officially was winning and I was thinking maybe we're getting some other push but we was not getting some big push. But that, that's not surprised. So we was having already a good push. So ES is up 2% and Q is up 1.6% and look to the Russell Russell 6%. It's really amazing and I'm really curious now what will be happened when the market is open? Because I think we should really focus on two things. It's also looking to your watch list and half the magnificent seven there. So we were seeing Tesla is up 12%. What will Tesla doing with this momentum? This is something what is in my mind will Tesla holding the momentum and maybe going to 20%. What is what what will be Nvidia doing? What will be the other ones doing? Will they also pushing to 5%, 3% or we already on the highs. So I have really no idea. So I will. I'm really curious what the market is doing now. And as I always say to the people having an open mind, this is so important.

[00:03:10.23] - Speaker 2
Don't think about we get the long. Don't think about we getting the short. Have a plan what you're looking for but don't fall in love with your plan and have an open mind. And this is, this is something critical for me to having an open mind and reacting when there's something where we can react on and the open it will be really crazy. And I'm also really curious so what the WIX will be doing if. If I see. If I see this ready is The Wixes down 22, Fabio.

[00:03:47.00] - Speaker 1
Yes.

[00:03:48.06] - Speaker 2
Oh, okay, so that's another point. Yeah. So we have the Wix. The Wix is down 22. It's amazing. We are now on, on 15.78. So I think we have to watch something. We have the magnificent seven. We having the vix. And Russell was key in the, in the live trading session to, to see if the Russell can build the momentum. If the Russell was building the momentum. We're getting also the moves now, the Russell losing a little bit momentum. It's under 6% now. We're getting back to 6%.

[00:04:25.29] - Speaker 1
So obviously, I think, Patrick, we talked about the vault crash yesterday and the day before, Right. If we look at the term structure here, we see a massive spike in volatility over the very immediate days. So yesterday and the day before and then now we're seeing like a big ball crash after the event.

[00:04:48.19] - Speaker 2
Yes, 100%. Yeah. And taking advantage of this, but always having a good risk management. Risk management is key. Position sizing is key. And then follow your trading plan. Not don't copy me. It's not the live trading session where you should be copying me. Execute based on your trading style, based on your trading idea. If you have any questions, as I tell you before on the Twitter session, we can use this also as a little bit group mentorship. So it doesn't mean that I'm already taking any trades. Maybe I'm taking one trades, two trades. But I'm, I'm waiting. I'm a little bit curious about, as I would say we have to wakes, we have to make significant seven. We're getting already the move. So yeah, let's wait and be patient. I think patience will be key also today. Bobby, what is your perspective today? What do you think?

[00:05:54.24] - Speaker 1
I mean, today we're gonna definitely see a lot of volatility at the Open, for sure. I mean we already saw a very strong move, so obviously we need to see how far we can go because Obviously we are 2% on the. Yes. And 1.59 on the, on the NQ. So I think that the move is already very strong. But let's see if the momentum keeps going. And I think there's going to be events in the morning news is going to come out. So yeah, it's going to be very interesting. So let's see, let's see what happens. And obviously like Tesla is the main one today, so up 12% watching what that does. Obviously very big, you know, Tesla trade after the election. And then also there's like a lot of other companies that are experiencing a strong momentum. So.

[00:06:47.02] - Speaker 2
Yeah, and, and if Nvidia, Apple, Microsoft can maybe follow Tesla, this would be very huge. Then we're getting a move. Do you use open range at all in your trading? Okay, let's go ahead, Fabio.

[00:07:10.29] - Speaker 1
Yeah, so I think we might be a little bit delayed, but I think yeah, the, the big Max 7 have not really reacted much. You know, you have 1% Microsoft, 2% Google, Nvidia 1%. So let's see how the open what happens.

[00:07:33.21] - Speaker 2
Yep. And Sherry, to answer your question, do you use opening wrench at all in your trading? I don't know. I'm, I'm not using this too much. So what I'm seeing is I see on my shot really clear that we have here the range. So we have here the top from the range and we have also I will say like I will ever map also this as the range. So this would be my range now. So I would see that we're getting some move out from here. As I was saying in the live trading session on, on Twitter and, and YouTube. So we have here the call resistance from SPX the blind spot nine. This could be a possible target if you're getting the up move. If you're getting the downside move. Yeah, maybe we can fill the gap below. Call Resistance Bl5 high wall 0dte from SPX and NDX. If you're asking me why I have now NDX and SPX levels, the history is really simple. It's based on what we was doing in the overnight session. There was always as fresh levels NDX and SPX available and I'm, I'm love to not changing the winning team.

[00:09:00.26] - Speaker 2
So this is why I'm, I'm trusting now NDX and SPX levels for today and I'm going with this levels. But if you're using the NQ levels or if you're using other levels, perfect, you can do it. But from my side, I'm not changing a winning team. It was, it was working very great for me and the overnight session and I'm trusting this and yeah, let's go. Trust the levels. This is always what we're saying from you. Yeah, trust the levels, trust the process. But hopefully I get not so much delay. I have many, many tabs open on my side. People were knowing me. I'm trading always from a laptop with a big flat. So I hope everything will holding now.

[00:10:04.02] - Speaker 1
Yeah, that's dope.

[00:10:07.10] - Speaker 2
I'm not the really crazy one. Like other traders were having I don't know, five monitors or something like this. A big crazy desk. So I. I'm really a normal one. I have a laptop so this is my ATM machine. If I be in holidays I let my laptop I can take it to any place I having a big monitor. So and that's it. I don't need more so but now let's wait. We have two minutes until the open.

[00:10:38.14] - Speaker 1
And then.

[00:10:39.05] - Speaker 2
Yeah so let us know if you have any questions. It's. It's also a good point to ask your questions to answer your question. Sorry, We have three hours left from here. Yeah, three hours today.

[00:10:59.21] - Speaker 1
Oh yeah, three hours.

[00:11:02.09] - Speaker 2
Yes, three hours.

[00:11:12.24] - Speaker 1
And always Guys, obviously we have a lot of time so please anything you want to learn, anything you want to know based on the levels based on data based on like trading management, the risk management, please paste it in the comment. We want to make sure we answer all your questions.

[00:11:37.03] - Speaker 2
So normally if I would think now we're getting a strong move on the opening I will place some stop loss, some buy stop here with us. Little tiny stop loss. But I don't feel like this is now a good good idea. I think it could be too risky but I will waiting. It could be very possible that we break out and and we have maybe the same same story what he was heading overnight where I was battling for a breakout and we don't get it and at the end we get it. So I think patience is really key in this session today and if we're getting a strong momentum maybe I will Skype for a few points but patience, patience, patience. Yeah. Market is open champs. Happy trading to everyone how you show us your daily goal. Nick, it's a really good question. I will answer this in few minutes. Let us watching the market first and then we can talk about this. So. Let's take a look. Oh let's. Let's take a look to the magnificent seven. So apple down meta down. Tesla holding the 12 at the moment but the other one not doing something Google up 2% so it feels like that Tesla is holding the market at the moment the Nasdaq.

[00:13:43.19] - Speaker 2
So let's see what they're doing. What kind of data period you have on your screen one day max for NDX for today is Neo 21K. Patrick. So we was talking about this in the morning in the US session on the overnight session. So I was using the NDX and SPX data what was available on the boot when I was starting and I was converting with manual ratio in real time the levels so I'm using the ratio for NDX to NQ with 1.00574 and also 3.51803 will be a little bit different to you. It could be you use different ratios. Maybe the levels would be updated overnight and as I say in the beginning. So the levels was working for me in the morning session where I was trading the election very well. I'd be comfortable with the levels. So this is why I'm not changing my levels at the moment. Yeah. Nicola, how you shows your daily goals? So my daily goal is really to keep the momentum going. It's not like I'm not thinking about profits. I'm not thinking about, About. I don't know. I, I have no goal financial goal for me it's more like okay, let's, let's see if we get the breakout by the way.

[00:15:45.29] - Speaker 2
So I would say save it that we don't get any pullback. Here we go. If they take it and they take it. US$35. Okay. Perfect. And don't like any pullbacks. So my strategy is always save your profits and it's good. So let's see if you're getting some follow through. If we can add anytime. But I'll take it at the moment. Oh yeah. We were speaking about the goal. So my main goal Nick is keep the momentum going. Keep the momentum going. So let's talk about soccer. As a soccer team if you be Asimilan for example it's really important that you win the, that you win the game no matter how you win the game. So but the momentum is going. So if you unbeaten through the season like what was doing with Bayer Liverkusen in Europe last last season or if you have an NBA team who's a really good on a winning strike, they win every game. No matter how they win. They're having strong momentum and at the end they will be become the champion. And this is, this is my goal to keep the momentum going no matter how, how big my profit is.

[00:17:10.23] - Speaker 2
But I won't be win today. I won't be. I won't be stay green. I won't be stay stay with the momentum on my side. I hope this answer your question. It's the same like in business Nicola. You want, you want keep the momentum. You want keep the momentum going.

[00:17:46.02] - Speaker 1
Guys. Yeah, we see a strong move now.

[00:17:48.02] - Speaker 2
But I don't like that. Yeah but I don't like that the ES is not following. So we see the move on, on the nasdaq. But look at this. So we don't getting the follow truth on. On SMP at the moment. I'm, I'm, I have a stop order buy stop order here on 2755 8. So now I get fold. Let's hope the momentum will be going. Let's see. But I be really careful with this. If you be in the trade, save it. And if it's not working, you're taking profits. Here we go. I'm taking my profits. US$65. But I was not taking a loss. I was taking a win. I don't like it because that we see the drop on the es. We see also that only Tesla is pushing at the moment on a magnificent seven. And I really don't trust the NASDAQ at the moment. It's. I don't know why, but I don't trust them. The risk is it's too big to fall down.

[00:19:23.14] - Speaker 1
So the Russell like Michelle said is dropping only 4.78%.

[00:19:31.24] - Speaker 2
Yeah. And look at the. Look at the years. So we follow also down on the years. Maybe it's a good opportunity to wait for the short for the. For the nasdaq. And, and, And wait how it's going on what the NASDAQ is doing in competition with the es. So we were speaking about second confirmation. So my second confirmation will be looking to the es. And, and look what the ES is doing. And the nesting NASDAQ is pumping. Yes. Is not doing something. I have no fomo. If I miss the move, everything is fine. But for me it's more important to. To stay green. Because we was already trading in the other session here. So we were serving some pro offense. Everything is fine. Nothing big, nothing crazy. And also we are only eight minutes in the market. So we have enough time. Now. We came to 2800. You coming to the near to 2800. Really nice. 5. Oh, Fabio, do you know we were speaking about the 6,000 on the ES. If this is possible today we now on 5,930. Yeah. Crazy. So yeah, for me, I don't believe in the. In the NQ up move.

[00:21:39.17] - Speaker 2
It's completely fine as long the. The. The ES is not following. The Russell is dropping only Tesla is pushing at the moment. Nvidia up 3%. Okay. Google up. So they come a little bit back the magnificent seven. I'm. I'm not trusting the up move at the moment. Yeah.

[00:22:05.27] - Speaker 1
And yeah, this is like what we were talking about the 6,000 bitcore resistance level. So obviously there's a lot of like gamma at this where we are right now. 559-459-30. So yeah, it's going to be interesting to see if we can break that level.

[00:22:38.11] - Speaker 2
All right. I'm trying to take a shot on the nasdaq. Let's see if this is going. But not big risk, only a little tiny risk. Nothing crazy. Two contracts. If I'm losing the candle, I'm losing the candle. Everything is fine. Why I was doing this because we Approaching now the 2800. So let's see if we get the bounce back on 2800. And if you're looking to time and sales, I'm not the only one who like this area to short. So yeah. And as I say personally, but this is only my opinion at the moment. I don't like the up move, but the market can prove me wrong if they're doing this perfect. I have no scare to lose some profits. It's. It's fine. It. By the way, I have two contracts open. I will save this now as I always doing. Too late. Too late to save the profits. But that's fine. That's a part of the game. But now we see that ES is trying to break out. So I have to be careful now with my position. All right, now I'm saving my profits. We go. We're getting it. Boom. What? You get it?

[00:25:14.04] - Speaker 2
US$380. Okay, cool. So this is my trading style. If you be in the profits, save it. If you get the pullback, get out. This is how I'm playing the market. This is how I become successful. This is why I'm telling you, don't copy my trades. A trading style is not always your trading style. Everyone is completely individual. But why I was going short. So as I said, I. I'm not trusting the up move because the yes was not really following. We are also approaching the 2800 area. We are on a round number. 800. So. And yeah, if we're getting here the candle rig, I was placing my short. If he was not going truth to 2800, this was my entry. So when we're speaking about second confirmation, you can use this as a second confirmation. If you be on a round number and you're not breaking this, it's a really good, good opportunity to take it. Yeah. So let's see if the ES can break down. So if we break down, this will be also a nice opportunity. But I will not taking so much risk on it. $250 stop loss. I think it's. It's okay.

[00:26:56.29] - Speaker 2
Here we go. Did we get f? Yeah, we get f. If we losing this trade. Yeah we was losing the trade. The pullback was there. Everything's good. Profit is saved. We taking the loss from US$205 but that's fine. So my trading idea was breaking here on the NQ that we're getting the follow truth but I think we will get this. Maybe my stop loss was a little bit too tiny. Here we go. Sell stop is placed on 207 36. If the ES will will dropping now I'm sure that at the end queue will also following. This is something where I'll be battling on. Then we came back in the range. What we have here what levels we have we have to call resistance. Oh call resistance and the X and one day max as we say it was before very strong it will be no wondering if we don't break it. But I will try it. If this doesn't work directly I'm out because the risk is there. We have the levels there but let's see. Here we go. We get it. Take partials save the profits trail it and out. What was the profit?

[00:28:38.11] - Speaker 2
US$550. Nice.

[00:28:41.09] - Speaker 1
Nice.

[00:28:45.02] - Speaker 2
So why I was going out because we come here on the call resistance Udte one day max. I have a little bit respect for this area because we was pull back here. This is why I was taking pull partials. I was having two contracts. I was taking partials. Taking out one contract and then thrilling the other one. Now the market is dropping but everything's fine. So we must making our profits here. So there's no rush. The market is open all the day. Futures market is open 23 hours. You have not to go crazy into the market. If he was able to take some profits that's completely fine. Yeah. So what he was making in this session. So we were starting with US$35 profit 65380 profit 205 loss 550 profit. Everything is now good. We on a good side. There's really no pressure done for the day traded DS breakdown. Congratulations that that's what I want Shannon And I love this and I love that you'll be here Shannon. Thank you for your time. Shannon. Yeah and it and it was right not trusting the up move from the NQ and and this is something where you can learn about second confirmation.

[00:30:13.13] - Speaker 2
If you see that the that the NASDAQ is going straight to the upside but the NASDAQ is not. The NASDAQ is going straight to the upside but the S and P is not following and they struggling and looking more like to the downside then most of the time don't trust the up move. This is something what I was learning on the hard way but it's always working. Oh the move has now happened to the downside now we came to the rev up from the es. So let's see here. Let's wait. Shane and no thanks for yours. Oh you're so nice to me. Let me know, let me know. Write in the comment if someone is in a trade. Did someone taking the short yes or not. This doesn't mean we have going to now but do you was following your trading plan. You were seeing something and he was executed based on this like Shannon. Shannon was trading the ES breakdown. Nice. Shout out to Shannon and please write in a comment you was following also your trading plan. I talked a cherry. Perfect. Amazing. Love it. We have two ladies who take it. Amazing.

[00:31:45.13] - Speaker 2
Anne Marie, you'll be there let me know if you also take it. We have lady powers at the moment shorted spy. Amazing. Amazing. Tesla is holding the 12 by the way. Let's see what Tesla is doing. If Tesla giving up.

[00:32:20.09] - Speaker 1
Yeah we're still here.

[00:32:31.08] - Speaker 2
Oh now we're breaking out of the range. We're getting short orders there. I know people, people taking long positions. I don't know. And also this is. This is also some. Some second confirmation Guys what I'm taking if if you're thinking like so we are now here in the range. This is now powerful to taking the range and you see that the bias coming in what you were seeing before and we exactly here on the range. There's no, no no time to place the short here I was thinking about shorting this after we we take it but no it was not a good opportunity because bias came in now in they're taking this. Yeah perfect. But we seeing that the NASDAQ is. Is not stopping. The NASDAQ is dropping. So let's see if we're getting some follow truth if you're getting a hanging fruit. So if now the S P is falling more and more to the downside and the NASDAQ is holding then we're getting a nice opportunity for the short. I think the Nestec but therefore the S P have to fall down. And also round number on the S P.

[00:34:26.05] - Speaker 1
Let's take a look at.

[00:34:30.10] - Speaker 2
Yeah you can. You can go to.

[00:34:33.09] - Speaker 1
Yeah so Masia is suggesting to take a look at gold and yeah thank you Masiai. We're approaching the big put support level right there.

[00:34:47.23] - Speaker 2
I think some guys was also trading the gold in the session an election session here from you there was something.

[00:34:55.04] - Speaker 1
Yeah right here I think. Yeah I think we were here Patrick. I think I have it marked down. It was a bounce back from the PUT support 0et from yesterday over this move.

[00:35:10.18] - Speaker 2
Yeah great.

[00:35:21.15] - Speaker 1
Thank you Sherry. Let's take a look. Nice boom. Perfect. Congrats sherry.

[00:35:43.08] - Speaker 2
Amazing. Yeah that's really powerful. I'm most of the time only trading the NQ I would say 99.

[00:35:56.14] - Speaker 1
Yeah and also crude oil. Look at the nice pound look at a nice bounce right here of the one dominion.

[00:36:06.23] - Speaker 2
Directly on the one thing. Yeah so perfect.

[00:36:09.03] - Speaker 1
Yeah very nice.

[00:36:13.00] - Speaker 2
We'll take all the. Who was trading the bounce from the one day man who was trusting the levels. Let us know who was trusting the levels. So the taking a little bit to the downside now I'm. I'm trying to to short this but I haven't stop order it's not filled at the moment. Let's see if we get filled if yes it's okay. I have to watch also the time and sales and get some confirmation from the time and sales what other people doing. Yeah ES is falling and Q is not following. Let's see. Are we on the round number on the assets? I know I am. I'm closing my. My order so I don't like it. Why I'm not liking this. So we are now on 5906 so maybe I go in with market order if we falling down but so we will approach to round number 5,900 really soon. Maybe if we fall down on the ES so I have respect for this area. I don't know why but. Let's see. I don't know. Let's see. All right let's try it. If if it get filled I get third phone. Let's try it. Maybe we get it.

[00:38:46.20] - Speaker 2
I took small size BC I'm new. What do you mean with PC? Oh gc. You mean gold Because.

[00:38:53.23] - Speaker 1
Because I'm new.

[00:38:55.09] - Speaker 2
Ah okay. Okay. Because. No say holding this so this. This is something what I was also learning it's much better to close to to work with sell stop orders or buy stop orders and not always with market orders because then you can. You can set this a little bit so that you where you won't get filled so basically if you stay on the range I was not filled because I'm not really trusting this here and we're approaching here also the range so let's see if I would be in with a market order short it will be not so good. I think I will be now taking some losses. He Was asking if we were trust the levels that it was the answering yes. Okay. Nice. How long you're trading, Sherry? And how long you are with men too? Oh, I get filled by the way. It's. Yeah, I'm out. 320 loss. It's okay. Amazing. 20 years with MQ since last weekend. Amazing.

[00:41:08.17] - Speaker 1
Welcome. Shari. Yeah Shelley, let us know if obviously you've been with us for a few few days if the levels have provided you value so far and any success that you have. Now Shannon, I was talking. Yeah to you as well or Sherry. I think Shelly's been with us for a weekend. Would be great to understand if you're already having successes with the levels with the data. But also for you Shannon, if you, if you. If you have. Oh, okay. I'm glad. That's awesome. Great, great. Great course. So all really strong stock. Palantir was great move yesterday, Tesla today. Thank you Sherry for sharing.

[00:42:49.14] - Speaker 2
Watch the swing trade video last week and then I bought Tesla and Apple and Nvidia. Nice. Good stuff. Oh I think I get filled on the upside.

[00:43:15.29] - Speaker 1
That's great. And Shari, for all of you that are using Bookmap at the end of the month we're going to have the integration available so you'll be able to use the tools within bookmark as well. So it's going to be had a lot of value to what you're already using. I think it's very powerful.

[00:43:37.08] - Speaker 2
All right. Taking my profit, US$240 profit on the long side. Why I was doing this second confirmation I'm trading the nq. I was seeing that we are going straight above the weave up. So yeah I like it now we came to the one day max call resistance. This is why I'm. I'm love to taking my profits there not to hold this. So the trade before was a little tiny loss from 320. Now he was making 240 back. So yeah it's I think it's a good session for now 30 minutes. So let's make the calculation because I like it more if you have profits to always remind yourself in a salary what what what this means in a salary in real time life if you be working 9 to 5 to get a feeling for this what you're really doing with with your trading career and what is possible. And let's start with the calculation and by the way if you have any questions, let us know. Yeah, the sessions is for you. So we're making US$35 profit. US$65 profit. 380 west dollar profit, US$205 loss. Here we go. 205 OS loss, 550 US dollar profit.

[00:45:19.20] - Speaker 2
And then we're taking a loss from 320 and then we're taking a profit from 240 US dollars. So 745 US dollars in profit in 30 minutes. So the market is open since 30 minutes. 33 minutes if you be accurate. So to making 745 US dollars and 30 minutes. So Fabio, let me know which one have the salary when you're making in 30 minutes US$745.

[00:45:57.05] - Speaker 1
I would say a consultant or a banker, I guess. Yeah, like a lawyer with bonus. Yeah, like a consultant in the US is probably like thousand, two thousand dollars an hour.

[00:46:13.29] - Speaker 2
So. Yeah, yeah. So and, and remind yourself. So this is what the profits meaning. So at the moment I'm only a stupid single trader. I'm only a trader, but I'm making now a salary like as you say and consultant. And this is fantastic. So we have so many opportunities in trading and we should always be aware of this. And maybe if you have profits like US$100 now and we are in the market for 30 minutes, think about who makes maybe US$100 profit in 30 minutes. What is this meaning it's salary 30 minutes, US$100 five year. You, you live in the US you can, you can save better. So US$100 and 30 minutes, for example, US$100.

[00:47:08.05] - Speaker 1
Who can make US$100 or what can you get with 100?

[00:47:11.18] - Speaker 2
Yeah, no, no, no. Who can make US$100 in 30 minutes?

[00:47:18.09] - Speaker 1
I mean I would say like somebody that works in technology. Like, like a sales guy in technology. You can make that. Or like a finance person, like an analyst. If you're like obviously not the senior analyst, but like a junior analyst, you can probably make that.

[00:47:39.27] - Speaker 2
Okay, perfect. And now we hanging around on the Weaver, but we were going really quick back in the trade. But let's speak about more about this one because I think it's a really important part what people should be understand. So you making US$100 for example in 30 minutes. How long have somebody to study for this?

[00:48:05.29] - Speaker 1
Oh yes. I mean that's like years. It's not only studying, it's years of also like moving up the ladder. Because if you are a graduate kid in the US your probably starting salary would be 50, 60,000 depending on the school you went to. And then obviously to, to move to that level you need like two, three, four, five years of experience.

[00:48:30.07] - Speaker 2
And exactly this Is something where you should be also remind yourself trading is not like that you're making in the first are so much profits it needs also time but you are be aware with trading that you can make really good money. And Sherry I'm sitting home and my yoga clothes is making that amazing. I love it. I love this so much. And and. And should I say it to you something? So at the moment I'm in holiday I have no idea how long I'm staying in the city where I be at the moment but I came from Dubai. My hometown is Dubai and sometimes I'm sitting on the beach and trading it's the same like you're sitting in yoga clothes and making that so we can say sitting on the beach and making money or if you're trading on your mobile phone I was giving the example so if my wife was going to the shopping mall and I have to. I have to wait because she is doing wife stuff and it's really expensive. So then you can trade and can make maybe US$100 with one contract really fast if you see a good move and then boom.

[00:49:48.14] - Speaker 2
You can make it so with trading trading is a lifestyle but you have to work for. So hot there how you can sit on the beach and trade it's it's not in winter air condition on the beach. No. In summer you cannot and some are you in summer you cannot train on the beach but on the winter it's fine. It's okay. Yeah but if I taking some losses and I'm trading from the beach I have always a good reason to say why I was taking the loss of losses. So I hope for everyone was new in the trading business we have. We have really nice womans we have Sherry here we have Shane in here Anne Marie I don't know if you'll be also there I know you was are you doing. You're doing also really great job when you. When you're taking live trades maybe on top step to be amazing but it needs some time that you came on this level that you. That you have this lifestyle and it's really possible and you should be working for the dream every day and how you can can make this possible is Nick he was asking me about the goals and I was saying this build your momentum.

[00:51:20.00] - Speaker 2
Build your momentum. If you're making only one one good trade and maybe you're up 20, 30 US dollars it's fine close it come back next day and you have to feel like a king or a queen if he was doing a great great day if he was taking some profits and. And that's it. Build the momentum and believe in yourself and. And Fabio. Do you know what. What helps me every time to have a strong mindset in training then I was telling you this. No telling you this.

[00:51:56.12] - Speaker 1
No.

[00:51:59.18] - Speaker 2
You are soccer fan, correct? Fabio?

[00:52:02.03] - Speaker 1
Yes. AC Milan or.

[00:52:05.16] - Speaker 2
Congratulations. This was so beauty game versus Real Madrid.

[00:52:10.19] - Speaker 1
But I don't know what happened. Patrick was a very.

[00:52:14.28] - Speaker 2
That was very unusual. But it's. It's one thing where you. What is really important no matter if you. If. If you don't like sports but if a great team is playing playing against some other team. I highly recommend to any trader watch the press conference after the game when. When the coaches speaking about the game and they was telling about why they was winning, what was the strategy, how they was prepare and all this stuff. And this focused me anytime so hard. And I'm. I really like this to watch. Maybe from Manchester City Pep Guardiola or fun for the NBA the coach from. From the Cleveland or from Duke University old coach K. When they're speaking about this that's really amazing. And you can learn so much how they was how they talking about the game and then think about how you can bring this into trading when they're speaking about this. Nicola. I mean leave go out. Yeah yeah. So normally. Normally I will be good now I. I have not to train normally. I will take now the time with my kids and and. And will enjoy and will enjoy my life. But now we are here.

[00:53:50.14] - Speaker 2
We have the commitment to you. We're trading life together. We're using this as a group mentorship helping you with mentor Q to understand the levels much better to cover your questions. Whatever you have about position sizing second confirmation. We are now here to help you and. And use the opportunity if you have any questions came here and and ask whatever you have. I'm in a good mood at the moment. I'm open like a book. Nicola And I love this. I love this. I mean leave to go leave when it's the best time to go out from the market. And I'm. I'm like it more to. To think like an. Like. Like a professional game like NBA NHL Soccer. Let's come back to the game from. From RC Milan. So when you approach to go into defense or when you approach to attack. So if you be now. If the States are now sweet to one to your side. What you doing? Do you attack again Real Madrid so that you taking the risk they will make a second goal and then they have the strong momentum on his side and making again another goal and maybe another goal and win again.

[00:55:17.23] - Speaker 2
Or do you say okay, now I get in defense. I will wait I let the other come to me. It's the same stuff. All right. My training platform is a metatrader. This is an auto panel and a really normal order panel. So you can buy this for 30 US dollars and you have for three months the auto panel. You can go in to the meta trader store and you can looking for an order panel and then you get it.

[00:55:54.13] - Speaker 1
And do you wanna. Do you wanna say like maybe Patrick? Because maybe Max is new.

[00:55:59.05] - Speaker 2
What?

[00:55:59.17] - Speaker 1
Why Obviously you use Trading View. I think we, we. We said it yesterday. But why do you use Trading View for your charting and then obviously Metatrader for your execution?

[00:56:10.04] - Speaker 2
Oh yes, let's talk about this. But now we have the same part before I will cover this. Let's look to the ES chart. So we're hanging around between call resistance and one Max at the moment here you see it and the NASDAQ is. It's. It's breaking out here. But let's see if. If we're getting follow truth from the ES or if this is a fair breakout from. From this. From this top here. So this is really critical to. To watch because if you will be now long on the nq. But ES is not following truth and I would say the long is not valid. It becomes valid if the ES will breaking. And look at this. So let's see. Oh, it's not following. But now maybe we're getting momentum. Let's see and watch. Also nothing has really changed on a magnificent seven Tesla holding the 12%. The Russell is losing momentum. It's now only 5% up. Yeah. Okay. So. Yeah Max, you. You're using Trading View directly. Perfect. I like it. So there's no right, there's no wrong what trading platform you should use. So why I'm using MetaTrader. The story is really easy because my broker is highly recommend Metatrader and if there's any issue with MetaTrader I get the full support for my broker.

[00:58:08.07] - Speaker 2
And I. I cannot remember when I have the last time any issues with a. With a full prices or something like this or it was not working really well or something like this. This. This was never happened on Metatrader. But but today. Yeah today. Today I get two minute hold on my broker because I don't know about. About election. I don't know why it was two minute freezing. Two minute hold. This was the only thing since. Since few years before this nothing Was happened. Oh no. We're breaking out. Here we go. Let's see if the ES is following. Don't risk too much there. You're getting the follow through from the. Yes. Come on, don't give up. Can we save our profits? Yes. We're not losing on this trade anymore. Perfect. 65, 90, 100. Boom. 105 US dollars. But I'm holding, forgetting the pullback. I make 105 west dollars. I get the full price with 110 US dollars. Amazing. I like it. So second confirmation waiting until we breaking out from, from here that you're getting the follow through from the es. What I was telling you and if the ES was ready to break out, I was telling you this here.

[01:00:21.28] - Speaker 2
We're getting this also the move on. And it's always the same picture. It's always the same. Okay, Max, so why I'm not using Trading View? Because if I have issues with Trading View, my broker tell me it's a third party so they will not support anything. And I don't like, I don't like how fast Trading View is with the order. So I have some milliseconds delay. So this can be really painful if you be on Skype like me, as you were seeing, I really click in and click out and if it needs too much seconds I can lose money. And this is something what I don't want. And Metatrader is on this case a little bit better for me. Only for me. It doesn't mean that it's much better for us other ones, but that's it. But Metatrader is a pain in the ass if you're using this for, for shouting. For shouting, it doesn't work so well. Therefore Trading View is, is of course a really good choice. And this is why I'm using Trading View for, for charting and Metatrader as execution platform.

[01:01:39.02] - Speaker 1
Congrats to Eric. Well done.

[01:01:42.16] - Speaker 2
Amazing. Eric. Eric, can you share with us what was your, what was your strategy today? What you. Where you was looking for and. And maybe what you was trading also he was following the level from mental Q. Oh, now it's become interesting. Fabio, maybe you can, you can take this on your shot. The QQQ swing trading models on nq.

[01:02:46.02] - Speaker 1
Yeah, absolutely. So first of all let's go add them. So go back to the bot.

[01:02:56.12] - Speaker 2
And.

[01:02:56.20] - Speaker 1
Then we do a swing, Then we add another indicator, Convert them to nq. I'm going to use auto ratio ks but if you, if you have a manual ratio, let me know which one it is and we can Watch it. And then if we go back to mq. Yes, so we do have, so let's take the gamma levels out. We do have the upper band from qqq. So the way, the way you can use those chaos is so the, the swing levels are five days prediction and volatility band. So here we see that we have, we broke the 1031 which is probably around five days ago. We still have the 1104 which is obviously the latest one from yesterday and we have the 11 one. So obviously this share is going to be obviously a very important one for a break with potentially strong momentum if we do that. And if we go back here we can also go and look at the swing levels right there. And then yes, you have these 507 areas that, that we are targeting right now. So how can you use them in conjunction with the gamma levels? Swing trading levels are more for like longer term.

[01:04:52.02] - Speaker 1
So five days or 20 days. But again the level from five days ago is still a valid level for today. So obviously having here the 1101 and the 1031 level can give you some ideas of where, where the market could potentially break or pull back. Let me know if that answers your question.

[01:05:30.27] - Speaker 2
I'm using automation but yeah, it's fantastic. KS how you follow what Fabio and me was talking about about the swing trading models that you should use the QQQ also as the QQQ swing trading models on your NQ shot to getting a better overview where we are based on the swing trading levels. And that's amazing. It's. I love it that he was doing this great shut out, great learning, great shout out. Yeah.

[01:06:02.10] - Speaker 1
And I think, I think Patrick let me share my screen again also like also look at for example the success rate as well. Ks. So obviously if we look at the upper band in this case There was only 12 days and we had a 58 but success rate. But the model overall was 86% successful there.

[01:06:53.18] - Speaker 2
What I'm looking now is for the breakout here. So if you can get it. But at the moment it starts looking like this. So that's why I'm happy to place my buy stop. I get not filled so everything is good. Take it out. So yeah, there we are. Breakouts. Patrick, I think larger time frame trades might get involved in this area. So I want to see how it plays out Perfect. By the way, I'm using the 1 minute time frame, sometimes 2 minute time frame but trading most of the time on the one minute time frame. For many people it's one minute time frame is A little bit messy but yeah. I remember when I was trading the first time, the one minute time frame. Holy I, I was thinking like that's, that's a way too hard for me. I, I it took me I think three months to read and understand one minute time frame but I'm happy with the one minute time frame. I have friends say trading on a 30 second time frame. They are really crazy. I cannot do this. But yeah everyone have some stranger. Let's see if we get it now.

[01:08:27.20] - Speaker 2
Momentum is there. Come on, tell me. Sellers come into the market. Oh come on, take it. It's a risky. Now it seems like it doesn't work but it's fine. Let's see. I take a chance. I, I don't like it. Maybe we're getting the breakup but I don't like it. 60 west was profit. I don't like it. I won't see that. We're going with with big momentum, big volatility candle truth. This area we're not getting this. So this is why I'm taking it and that's it. I have nqz24 so this december contract. Bobby, you there?

[01:10:08.07] - Speaker 1
Yep.

[01:10:10.07] - Speaker 2
I think we are now one hour in the in the market. We are approaching now maybe a breakout. I would say if we get not getting the breakout yet it's time to making a five minute break. Also our minds. Let's see and wait if we get this or not. If we get this. Oh we get it. Come on. Yes. Yes. It's breaking out. 2085-08-1185 87 was failing. No, I take it I'm not let the position open. All right champs. I think five minute break and then I will be back. So it's a good time for you maybe to take a break. Everyone will approaching the market, taking breaks. Go back from the desk. Not sitting all the time on the desk. If you be in profit, everything is good. If the move is not happen and we miss this, that's part of the game. We're getting another moves so no worries, no fomo nothing. I like the setup now but I don't want to take it. So I would say take five minute break. Yeah.

[01:12:20.08] - Speaker 1
See 10:35, 10:4.

[01:12:22.23] - Speaker 2
All right champs. I'll be back in five minutes.

[01:12:26.27] - Speaker 1
Thank you guys.

[01:12:47.26] - Speaker 2
Sa.

[01:13:38.16] - Speaker 2
Oh shams did we get the breakout? All the market. Catch me with the breakup. Let's see if we get to break out. So break is done. We will take another break later see if we get the move.

[01:15:12.18] - Speaker 2
Oh no breakout.

[01:19:10.06] - Speaker 2
All right ladies and gentlemen, you Back.

[01:19:13.20] - Speaker 1
Welcome back. Yes.

[01:19:21.21] - Speaker 2
Placing limit orders. I get fold. Nice. Really important my trading style. Save your profits if you be in profit. Here we go. We're taking some profits and that's it. Why I'm taking profits. We came near the call resistance UDT one day max. I don't like this area. 20 SMA here. What it was US$290. Amazing. Like it. Champs. Let me know if you have any questions. We have 90 minutes left. We are here for you to, to help you take the chance.

[01:20:54.05] - Speaker 1
Now guys, share any success you have, any feedback, any questions. Questions. If there's any asset that you want us to cover, we can, we can look at that. Obviously Patrick is mainly trading and Q, but we can look at the levels for other assets.

[01:21:16.05] - Speaker 2
100%. Yeah, but maybe we can, we can switch to the Russell, Fabio. Let's see. The Russell is losing momentum. What is doing the Russell?

[01:21:32.05] - Speaker 1
Yeah, let me just open it up. Yeah. So interesting kind of congestion around here. The core resistance level. Kind of like area right, right up. And then now. Yeah, we are trying maybe to break again. Let's see what happens. Do you ever trade the Russians let us know if.

[01:22:11.18] - Speaker 2
Oh, yeah, I was, I was taking. Oh, I get filled again on the short side. Oh, I don't want me a big pullback. Yeah, I, I take the loss. 165 west dollars. I don't like the pullbacks here, but I will try it again. And of course we stopping on the one day max from NDX on the ES shot. So. But that's part of the game. It.

[01:23:44.21] - Speaker 1
I don't know if you want to answer this, Patrick. How do you enter trade when the price approaches the levels? Do you wait for confirmation?

[01:23:58.09] - Speaker 2
Give me one minute. I will answer this in a few minutes. Or maybe Fabio, you can tell something based on your experience.

[01:24:12.08] - Speaker 1
Yeah. So obviously, like, I think when the price approaches the level, there's a few things that can happen. One detects as a reaction zone. So so obviously a very strong reaction zone. And then obviously we see like a strong movement to that reaction zone or we see sometimes some pinning around that level. Like what we see here, for example, in the core resistance. So we don't have a clear break with pullbacks. The price is trying to move around these levels. Obviously the movement doesn't happen exactly on the 2400 level, but you can see that this area has been rejected. So here we have like a pullback towards this side. So definitely second confirmation is important. Also look at confluence areas. Look at the history of the price and yeah. And then maybe combine also the other levels, like the blind spots to see if there's any like areas that could. Could be irrelevant if you only see one level there. But. Yeah.

[01:25:21.02] - Speaker 2
Yeah, exactly. I'm trying the shot again. Let's see if it works. I'm waiting for a big momentum candle to the downside so that we can catch it again. But I think I will not coming at. Just waiting. Patience. Not losing so much on this. It's fighting.

[01:27:38.19] - Speaker 2
No, I doesn't like it was making 70 with one contract, 60 with one contract, and one lose with 95. So trade idea is not working. I'm looking that we falling down really heavily. It doesn't work if it's not working. I'm getting out. Taking small losses that you. When you have big wins, that's a push you forward. So at the end on my trading idea, I was making 70 profit, 60 profit. 95 loss. No losing, making profits. That's good. See if we get it now. It's fighting. It's really fighting. Okay. Gg. Gg. So wait few minutes to enter a trade at levels. I don't know. It's really based on the momentum and based on your trading style. Maybe write something about your trading style. What do you trade? Do you trade real money? You trade a profit account? What are your rules? Give us some. Some. Some little bit more information that we can say a little bit more about this, especially for. For you based on your trading style. Because every trading style is different if you ask me. Yeah. Waiting for a second confirmation. If you came to a level and then traded as Fabi was saying.

[01:29:39.02] - Speaker 2
But we can speak about your trading style if you want. And Fabio, what is Tesla doing? Tesla's 12 holding the 12. Are there any major levels ahead on Tesla?

[01:29:56.29] - Speaker 1
Let me see. Yeah, I think is. Yes. Standing right there. No movement. Yeah. So I think if we. If we look at Tesla and you don't see the levels. So the swing trading level was about once. I think it was 176, let's say. So we have 270. Sorry, 270. But also if we look at the net Jacks, one area that we want to look for is this 300 level right here. And right now we are kind of. So there's not a lot of Gamma in between where we are right now to where we are basically the 300 level. So obviously this is a big corres distance here. Might not happen this week, but it's worth monitoring this level for sure. Are there any other assets guys that you are Looking and you're monitoring, let us know.

[01:31:37.02] - Speaker 2
You were speaking to me, Fabio.

[01:31:39.07] - Speaker 1
No, just asking a question to the team. If, if there's any asset that we want to monitor. But yeah, Tesla is not really moving now. It's really pinned at that 280, 282 level. Yeah.

[01:31:58.09] - Speaker 2
And I think for Tesla, it's really important that they can hold this today. So the 12%, what he was doing overnight, if they can hold this, that's a good sign for the investors. Oh, I hope I get not filled here I get something.

[01:32:20.24] - Speaker 1
That's a good question, Shelly. So actually let me take this one because this is a very good example. So whenever we look at the swing level for Tesla. So the goal of the swing level, Sherry, is to not only provide you a band of levels where the price should be in that range, but also to provide you a directional bias. So we calculate the success of the model only based on the upper band and the lower band. And the reason is very simple. If we are able to give you the direction, like in this case where we see a bullish bias, then it can be most likely that the risk trigger could be broken. Because if you like an example of Tesla, the direction was right, the level by the swing level. The swing model worked. We were able to predict the direction of the stock and obviously the strong momentum broke towards this level. So it's also like a volatility event. So treated as whenever we break a support or resistance, there could be an increased volatility. And that's what we saw today. So for example, if you are selling options, I wouldn't use the risk trigger for selling option.

[01:33:36.01] - Speaker 1
I would only use the lower band or the upper band. In that case, if you are looking for targets, then yes, you can look for the risk trigger for sure. But Sherry, on the other hand, you still did an amazing profit if you even got out at 288.

[01:34:01.14] - Speaker 2
I like your comment. I will, I will speak about your comment very soon. I have a habit getting out too early. But I did make a good profit. I will speak about this in a few minutes. Let me know, let me show if we if you're getting know a little bit better download as we coming back to the V up level on the S P on the es. Sorry. If he can take some advantage of this. Oh, it's a big. Oh, I get filled. Let's see. Take the loss. I don't like it. How much was it? 95. Everything is fine. So maybe we reenter again. Let's see. It.

[01:36:39.16] - Speaker 2
All right. Sherry I have a habit of getting out too early but I did make a good profit. So as long you you're making good profits that, that, that's not a bad habit or this is not not something bad. Look at my, look at my trades today. I'm taking small profits, big wins sometimes. But I'm. I'm getting also out. I'm getting out directly. If everything is not working how I'm. I want that this would be working out. Everything is completely fine with this. And and and we must also also accepted that we are individual as a trader we are not perfect. We are not having to follow other people rules. So if other people saying hey, you have to hold your your winners a little bit longer off. So he was telling me you're trading now for 20 years so there must be a reason that you're trading for 20 years and it's more important what you're doing as individual. If you be feel good with your trading style, if you feel good with your profits, everything is perfect. Everything is fine. There's no reason to to do some something different. The only thing what I highly recommend is you should trade one good trade and then one good trade.

[01:38:15.17] - Speaker 2
I will recap my trades later. What I was doing today in this session and in the other sessions I will recap this. So we were starting here on 65. I think our recap this but I'm being profit and I asked myself if I'm taking good trades. Yes or not. If I'm taking good trades, everything's fine. Yes. But the years before 2021 don't count lol. Everything changed. Nothing has changed in trading business. Not nothing has changed. You you can go to the same mentors who was highly successful in the 80s or in the 90s and and they will be trading now also really successful.

[01:38:58.10] - Speaker 1
I think what change I think is really. I don't think the trading change but we saw an increase in flows coming from new participants. I think that has changed which has brought a lot of like new people to the market.

[01:39:18.11] - Speaker 2
Yeah yeah of course that's 100. That's 100. But. But the trading on on at the end it's not changing. It's. It's the same candlesticks. Maybe the volume and the volatility is changing a little bit. But yeah option influence as well. Correct. And this is the cool thing Sherry, I have no idea how old you are. When I'm 41. I was starting trading when I was left the school. So in, in my last 20 years I was growing as personality so hard. And, and that's amazing. And I think trading is one of the business where you can trade, where you can, can work with your personality and you can grow every day. 51. Amazing. I like it. 51. It's amazing number. I like it 10 years older. Perfect. Good match.

[01:40:26.12] - Speaker 1
Yeah. And I think Shelly, just to add something to this, fundamentals worked really well before the first credit crisis in 2007. But then obviously with the rates like 2, 3%, a lot of companies that didn't have good fundamentals still grew very, very fast because of like the low interest rate and what the Fed has done. So I think what is important is that you adjust your strategy as market changes. So 2021 we saw increase in option volume. So I'm glad you're here. So you're using the option data to kind of follow what the market is doing. Fundamental used to work in the past and maybe it's going to come back at some point. But right now it's really liquidity, option order flow and. Yeah. And liquidity is the most important. I think.

[01:41:24.02] - Speaker 2
Everything will change now. Everything will change in the next four years. I remember when Donald Trump was the last time president. Holy. If Twitter was one of the most important stuff that you can watch if he was Twitter something crazy, the market goes crazy.

[01:41:43.05] - Speaker 1
I mean, I'll tell you a story, Patrick. When I, when I was working at Bloomberg, we were selling the feed of Twitter to hedge fund that were just monitoring the Donald Trump tweets. So they were building trading strategies just on the tweets that he was posting. So absolutely.

[01:42:02.04] - Speaker 2
Like yeah. And I think we get, we come to a new area. No matter if you be a Trump fan, if you be a Harris fan. But I think personally if you be a day trader, today is a really good day for you because Donald Trump gives you the guarantee that the market the next four years will be crazy and, and follow Twitter. I think sometimes he is sleeping and then he wake up. Maybe he gets some dream and he tweets something and the market goes crazy.

[01:42:42.15] - Speaker 1
Yeah. So I think maybe, maybe our next model should be on Twitter. Kids. Patrick.

[01:42:52.23] - Speaker 2
Yeah. Oh, we're breaking weave up. Maybe see.

[01:43:29.26] - Speaker 2
700 around number on the nesting. We are approaching now the round number on the nest. You are you. You're from Spain, you're born in Spain?

[01:44:09.25] - Speaker 1
Yeah. I think shar is in madrid, right?

[01:44:14.16] - Speaker 2
Yeah. Take. I'm American. Oh I'm American living in Madrid. I. I have many Flamingo dancer. Holy congrats. My cinema in my hat goes crazy. I love it. Dancer, Trader Flamengo. It's a really good, good stuff. But I have many American friends living in Lisbon. They going from America to Lisbon. In Portugal. Yeah. So not Madrid. You are the first one from American relations live in Madrid right now. No, I know many people. There's a good strong community in Lisbon. If you be in Lisbon and you won't contact other traders, let me know. Yeah, sure. We have a really cool life.

[01:45:45.05] - Speaker 1
Sherry, you should come on our next live. Would love to have you.

[01:45:52.11] - Speaker 2
Oh, you homeschooled your kids. Oh, amazing, amazing. So my kids at the moment also not in the room. So I think it's really possible that they will, will. Will join the live trading session in the next 30 minutes. So my son, he's 5 years old. I'm teaching him every day 30 minutes how to trade. He. He have the full ability to trade my account. He can do whatever he want and he doing a really nice job. Maybe Fabio, he will join our call.

[01:46:35.18] - Speaker 1
Lionel.

[01:46:37.06] - Speaker 2
Lionel. Yeah. He's trading. Really? He's trading. So other other daddies teaching his kids, going out to play soccer, basketball, ice hockey, whatever. But I sit there with my son, we trading 30 minutes and every day life in the market together, me and him. And I teach him every day, one minute, one hour lessons about trading. It's really nice.

[01:47:07.20] - Speaker 1
So Sherry, what I meant was next week we're gonna do some new streams live. Not live trading, but just looking at the market. And if you want to take part, please let us know. Would be very helpful to see how you use the data and see, you know, tell your story. That would be great.

[01:47:43.15] - Speaker 2
Yeah, maybe Michelle. Yeah, so. And also my son goes into the preschool now in the place where we are, he goes also in the preschool. I like this that he go into preschool and, and he have a really strong mindset. And this is something what I really like. But I'm teaching this. My wife hate me for this. He. He goes to the teacher and have the mindset. You cannot teach me something. You have the same mindset what I have. I will be, I will be on the school in few years. Because he loved trading so much like me. He have the strong mindset and say I, I don't need to learn this. I will be on the school in the next 20 years. You will remind myself my son is crazy in this case.

[01:48:32.04] - Speaker 1
You're a bad influence.

[01:48:34.19] - Speaker 2
Yeah, yeah. No, I think I have good influence.

[01:48:37.15] - Speaker 1
Yeah, yeah, of course.

[01:48:38.15] - Speaker 2
So think about. He, he if you be five years and, and. And now he have until he is 18 that he can have his own bank account. It needs 13 years so I can teach him now certain years trading every single day like other daddies will teach future basketball NBA players every day how to how to play basketball. And I think he will become a machine. Hey guys. Hey michael.

[01:49:21.24] - Speaker 1
Hi michael. And guys again if you have any questions please post paste them in the comments. We're here for you.

[01:49:45.10] - Speaker 2
100% that's the best homeschooling 100%. I think the I think as parents no matter if you be good in trading or not but you should be able to teach your your kids how to make money. That's it how to make money on the legal way that's. So market becomes a little bit slowly whistle down now oh Tesla 13 up though things like it's like it's some momentum Fabio, can we look into this?

[01:50:46.06] - Speaker 1
Yeah one second. Yeah yeah and always remember guys also the time of the day so oh kids are coming. What time do you trade futures normally Patrick? US Open right?

[01:51:41.19] - Speaker 2
Yeah only the use open for 90 minutes sometimes when I have time I'm trading European session but I limit myself for two hours trading or something like this. Yeah but now the kids coming. I I have to say hello to my kids. I will be back in one minute. My.

[01:52:22.14] - Speaker 1
And you guys mainly trade futures or you do stocks as well and also do you like trade stocks with options or directionally.

[01:52:36.21] - Speaker 2
What what's.

[01:52:42.24] - Speaker 1
Lionel what's.

[01:52:48.24] - Speaker 2
Say hello hello.

[01:52:54.12] - Speaker 1
Let's see let's put you on the stage.

[01:52:57.18] - Speaker 2
So now now the boss is here. All right. So come in. Come on so hi guys. Let's play together. So let's see if we can break out here we are now approaching the call resistance. Maybe we get some momentum. There we go. Hello top trader. So they say hello to you. Hello hello.

[01:53:54.17] - Speaker 1
Hi there.

[01:54:01.09] - Speaker 2
All right. Okay cool. All right ladies and gentlemen. Let me my son's telling me everyone was waiting for him. Let us know if you have any questions about your trading. If you want that we cover something about your trading style about your entries exits. Is there something what you want to learn if if you have some goal for today. Do you want take out something? Is there some question what's burn you let us know.

[01:55:07.06] - Speaker 1
Yeah and we have another kind of like another hour almost so lots of things to we can cover still.

[01:55:32.29] - Speaker 2
I think I get full to the upside now. See if the breakout is working if not not a.

[01:56:24.06] - Speaker 2
Okay. I'm now on break even and I'm out. He takes me out now I missed the move but that's fine. That's part of the game. Sometimes my strategy takes me out really, really, really early. But I'm protecting myself for a pullback that's so important for me. Eric. I need to go, guys. I need to show 18 inch on snow from the work and get my tire fixed. Have a great day. Thanks. All right. Eric. Eric.

[01:56:57.01] - Speaker 1
Thank you. Eric.

[01:56:57.23] - Speaker 2
Yes. Do you guys use VIVA on the standard deviation bands? If so, could I demonstrate? I have not so much idea about Viva. Fabio.

[01:57:13.06] - Speaker 1
Yeah, I can add, I can add something. So I think KS the vwap and if we go back to my institutional kind of experience, the VWAP is an interesting indicator that you should, you, you, you can use in the chart. And you need to think how institutions are looking at the view up because that could become very important. So when I used to sell data to institutional traders for them, their VWAP was the benchmark of their daily execution. So think about if you are a Goldman Sachs or JP Morgan and you want to trade into the market, you cannot do what Patrick is doing. Right. You cannot just go in and place a trade and execute it because you are moving too much size that could potentially affect the market. And there are regulation that came into play after the 2007 credit crisis on market manipulation and reporting and all of that stuff. So the institutional trader typically would split their orders throughout few hours. So typically the big time day trade is between 9:30 and 11:30 and between 3 and 3:30 which is when they execute the orders for the next day in order to assign a rating to their trading to make sure that they did good and they didn't really lose money.

[01:58:38.14] - Speaker 1
They use the VWAP as a benchmark. So the, the VWAP becomes kind of like an important, important level to monitor. But at the same time everybody's also using the vwap so everybody's thinking the same way. So obviously you have to use it, you know, in conjunction with other tools. I would say.

[01:59:07.23] - Speaker 2
Yes, that's right. I'm using only the reverb line of the standard line because I know there's most of the time a really strong reaction on the VWAP to be prepared for this. And that's it. I'm also not a world beta like maybe Chester is automous. Yeah. So if you be creating volume profile and all this stuff, I think it could be very important.

[01:59:49.00] - Speaker 1
And KS to just go back to the questions. Always think at what the institutions are looking for, what are the levels? And that's why the option data becomes very important because those are the pinning points. For institutions. Right. Those are the targets. Those are are kind of like what defines their strategy. Right. And so if you think about that way then you know the VWAP or the option data will become more relevant for you.

[02:01:09.13] - Speaker 1
I think. Patrick, another thing, obviously we are still at the beginning of the week. One thing that we can do is also look ahead for the next week and always monitor what companies are reporting. So we have some interesting companies next week. We have Home Depot right there, Shopify. Then we have I think JD and Baba, Walt Disney. So if you guys want we can also look at the string models on those companies. Let me know.

[02:01:40.27] - Speaker 2
Yeah, let's go.

[02:01:43.24] - Speaker 1
Yeah, let's start maybe with Baba. So here, here we have a swing model five days. So will give us all the way through next week. So we have our lower band of 92 and our risk trigger 105 and again 97 success rate of the model over 38 days. Let's go to one Home Depot. Right. Similar, similar trend, lower band, bullish bias risk trigger 41694 success rate of the model for the past 38 days. Then we have Shopify. Lower band 100 success rate 86.51. And then finally let's look at Disney also reporting next week. We also have a bullish bias 91 rest trigger 1 or 2 and obviously the back testing here. So very interesting.

[02:03:11.12] - Speaker 2
By the way I take the short and. And I'm by the way I was taking the shot. So we was breaking the call resistance as I said. So I was able to taking some profits. I was taking a bigger position. I like the area where we are now. Yeah. So are you out? I was taking five. Yeah, yeah, I'm out. I'm out. I'm click in and click out. I think I was on mute when I was saying looking to the call resistance so that we break this. But I think, I think I will stop trading in. In 10 minutes or something like this. I feel like a little bit over trading now. So this is also something what you should be aware of a trader if you feel over trading if you're taking too much trades you should stop. Let's see, let's wait if it works it.

[02:05:00.01] - Speaker 2
I know I know myself now I become exclusive. This is something what I want me away avoid. Of. Course. So let's take the math. So let's say let's look into this what he was doing today. We were starting with 35. Let's make the calculation of this trading session. You can go ahead with your swing trading model.

[02:06:00.25] - Speaker 1
Yeah, no worries. If we go back here. Yeah, we were looking at Disney too as well. And yeah, I think those are the main ones for next week. Jd. Okay, similar picture, 36.57, 43.49 bullish buys 94 success rate. Yes. And this week we're going to do another exercise of the string model to see how the data from last week would have performed this week. And then we're going to do some other examples on on the main stocks as well. So let's see what happens. But I think, yeah, we're gonna have some interesting results on Friday. Have you guys used the swing model? I know Shadi, you have on a few companies that you mentioned above. And if so, like, how do you guys use it would be great to understand.

[02:07:54.18] - Speaker 2
All right, so I was making net without any big risk. So at the end I was doing stupid trades. Losing 315, losing 280. So the total profit with really tiny small trades, 1235 US dollars on net profit.

[02:08:13.17] - Speaker 1
Nice. Congrats.

[02:08:18.06] - Speaker 2
Yeah, it's not big for me, but yeah, doing the live trading session, only small, small size, not over trading, not big size. Oh, it's.

[02:09:38.23] - Speaker 2
All right, team, let us know if you have any other questions. If yes, please feel free. Let's see if we're getting the breakout on this range. Oh, we don't get it. Max. I have a question about how to find directional beers for the day. New York session on market like today. I think it's not that easy to find a direction. Now. I'm trading a little bit bigger, but that's okay.

[02:11:06.09] - Speaker 1
I'll take that one. Sherry. Yeah, that's a very good use actually. So that's one of the ways that you can use the swing model. And I don't know if you were part of the session last week we showed you some backtesting on how you can actually use that to sell options. We did some back testing on 25 companies and we're going to do another exercise this week. But yeah, that's definitely a great use of the model. Sherry, Then maybe this one is for you. But the smm.

[02:11:49.22] - Speaker 2
Just wait, just wait. Just take it. Making some profit. All right. Earlier on this week you showed smmma when and how do you use this? I'm using this normally every day. Today I was not using this because of the live trading. As I told you, I'm trading on the laptop. I have so many things going on to have to show you my entries, my exits. I get really pissed when I have so much on my shot. Normally I'm Doing this for you guys that you can see everything. So for this reason I was not plotting the levels the SMA levels only for this to. To not get disrupt from any. Any st.

[02:13:15.29] - Speaker 1
And let us know guys if you liked the format. I think there was a question if we're gonna do more live trading sessions. I think probably not for the rest of the year but then we are gonna define for next year for sure. We have some big releases coming out in November and then we have also like the December kind of like Christmas session. So yeah, we'll see what we can do. But probably I would say Patrick probably most likely not for the rest of the year but maybe for going forward next year for sure.

[02:14:00.28] - Speaker 2
I think this year not. But maybe next year we were starting something. Yeah but we was promised that we doing some live trading session with you guys. How many many of you was asking about this? We was delivering now with the election because this is a good time to do it. Yeah, we was doing this for you guys. I'm starting up starting now to to take bigger position sizes. I'm have now 2 times 5 contracts in the market. Now begins the time where I become aggressive and I feel like over. Yeah. And the stupid thing is how you every time when I feel like over trading I make profits. So over trading this was over trading. The 00 was over trading. The 175 loss was over trading. The 275 profit was over trading. The 265 profit was over trading. The 370 was over trading the 75 loss 75 loss. But at the end I was doing profit. So but yeah I. I feel now really over trading. And if you guys are cool with this I will be now close my trading station because otherwise I will do stupid things. I'm also inhuman. And if you feel like also over trading close your desk.

[02:15:39.12] - Speaker 2
Take one minute fresh air. I will do also one minute fresh air. We can make a final calculation how this trading session was. And then I think. And then I think we are good. And if you have questions write this down. I make the calculator. I make the calculation again.

[02:16:05.20] - Speaker 1
Yeah. And then we will also be back tomorrow as well. We have another session for FOMC and then we do a trade recap. I think tomorrow as well.

[02:16:34.03] - Speaker 2
It.

[02:17:00.13] - Speaker 1
Yeah. Let us know guys if you have any final questions for us.

[02:17:25.05] - Speaker 2
It.

[02:17:52.04] - Speaker 1
Thank you. Sherry.

[02:18:04.20] - Speaker 2
Ousand eight hundred eighty US dollars in this session.

[02:18:12.28] - Speaker 1
Sorry, how much? 1880 nice. Congrats.

[02:18:18.06] - Speaker 2
1880 nice. But in total through the full day 55k. So I was doing bigger the Last truth to tool day. So that's my trades all over the days what I was taking. So now you understand why I'm feeling like over trading. So the session was a really long session for me. I have also some losing strides. So you can see I was battling in the morning really hard with some losses. But I was coming back taking small losses again. Small losses, small losses. And then at the end I was making my, my money. Yeah.

[02:19:06.19] - Speaker 1
Yeah, nice job. And we do everything the recap tomorrow as well.

[02:19:24.13] - Speaker 2
All right, guys, I take one minute break, write down your your questions and I'll be back in one minute.

[02:19:41.19] - Speaker 1
Thank you KS and thank you for sharing the message. Congrats on your profits and I'm glad we were able to help you with the level. So thank you. Thank you for taking part. Yeah, share us any final question that you have guys, and then we will answer those and then we'll, we'll see each other tomorrow. We're gonna have another couple of long sessions tomorrow and hopefully will be a good one fomc a lot of volatility there. So hopefully this will be helpful for you guys. Thank you.

[02:20:44.26] - Speaker 2
All right, I'll be back.

[02:20:48.21] - Speaker 1
Right. Okay. Think we only have one question so far. Patrick from gk.

[02:20:55.28] - Speaker 2
Yes. This is always my strategy starting very small. So as you were seeing in this session. So my strategy was taking the losses as small as possible. Sometimes US$60, sometimes 19, sometimes 100. And if you're getting the move, take the move and be save your profits. And this was at the end what was making me profitable in this session. Yeah. And think about what the big guys are doing. Have always the picture in the mind the what retailer doing most of the time. Retail trader and institution. Emotional retail trader having little profits, little profits. Little profits, little profits. And then they have a day where huge loss coming and they wipe out the full account and everything is, is out. So the profits are losing in. In worst case. And when it becomes really bad at the end, they're losing capital or blow up. But what are the institutions doing? They're taking small losses, small losses and again small losses. But if they're getting the move, they'll be on the right side. Boom. They're making so much profit that the small loss is wiping out. And at the end I was making profits.

[02:22:22.16] - Speaker 1
Yeah. Another question. So you take 10, 15 trades a day. Now you do.

[02:22:29.29] - Speaker 2
Now let's check how much trades I was doing today. I think I make per day. 100 trades, 200 trades. Something like this. Yeah, Yeah. 1015 trades a day. If you're trading only the session where we was trading. I think it's a good number. But if you're trading more than easily, I can make 100 trades. 200 trades. So today I was trading really unusual. So I was trading from 1 from 7:00pm Eastern. 10, 11, 12, 1:00am but when it was done, Fabio, 1:00am, 1:00am yeah.

[02:23:25.08] - Speaker 1
Or 12:45, I think it was.

[02:23:27.20] - Speaker 2
Yeah. So I was trading six hours overnight. What is highly unusual for me in a midnight to taking six hours trading. It's completely unusual. I was doing this and now with you guys, two and a half hours. So six, seven, eight and a half hours. Yeah, so it's highly unusual that I'm trading like this hours, but yeah, 100 trades are a good number. That would be my number. Yeah, for sure.

[02:24:09.05] - Speaker 1
All right, guys, any final questions? Thank you, Sean, thank you for being part of it. All right, I think. Yeah, no question. Patrick, thank you again for your time and for being live with us. Transparent showed us all your, you know, accounts, all your trades. I think that was great.

[02:24:54.21] - Speaker 2
Yeah. So let me make my. Let me look into my, my states. Oh, just wait a minute. Give me one second. Where you are from? Yeah, you are here. Here we go. Yeah. Let me see if you see this. From you.

[02:25:27.08] - Speaker 1
Yeah.

[02:25:27.25] - Speaker 2
So that's my, my states from today, all my trades. But I taking. That's my track record for today. So here you can see the total trades from today. 241. It's not my best trading day. You. You see my curve. I was, I was coming down, but I was not giving up. I was on the wrong side. If the news came out, I get the losses, everything is good. But I was fighting back. And then at the end, you'll be there and, and you end the day with profits. But you have to know where's your risk. So if you're speaking about risk management, you have to know how much deep you can going into loss until you feel no more comfortable with this. So for me, it's. It's good. So I, I was not in any position today where I was thinking the loss is too big. No.

[02:26:40.17] - Speaker 1
Yeah. And thank you. Thank you, Patrick, for, For sharing. I mean, transponder. Really appreciate it.

[02:26:52.14] - Speaker 2
Welcome, Michelle. I like this approach. You are the only trader I have seen life who keeps the stops this tight. Everyone else uses white stops. Let the trade brief. Then you get a huge loss and exactly that. That's the problem. I think that's really the problem. And this is why I don't like this. I hate to to work for the market. I want, and I think it must be understandable at the end, you want, you won't take out money from the market. Yeah. So, and I, I see this as a business. I want to make money. It's real money what I'm trading. It's my money, it's my personal money. And I think here, here's the key. So if you're using real money and not prop money or virtual money or paper trading money, and you see your P L is going to 100, 200 US dollars most of the time, no matter what, you take it. Because you know, okay, if I take now US$200, the next trade US$200 or 60 or 80, then I know exactly there will become today the opportunity where I can make 2003-004005-00600, 700, 800 US dollars or thousand. 2000, 3000.

[02:28:07.13] - Speaker 2
And then you take it. But you know exactly if you're taking three times in a row or two times in a row, huge losses, the day is done, you take the loss and everything's good. And next day you're working for the losses. You're not working for yourself. You don't working for your bank account, you're working for the market to bring it back. And then the is starting, you're taking bigger risk. And, and if you be taking the first loss, you get most of the time nervous and all this has happened. And this is why it's so, so really, really important to think like an institutional trader. Having small losses, taking small losses, taking small losses, taking small losses, and then having a good winning strike where you can make your profits. At the end of the day where you save. It was the same as you want. Seen by my curve you were seeing. I was coming down in the beginning because I was battling on the wrong side. Everything is fine. It, I was good with this, but I know my momentum is strong. I know I can bring this back. And at the end, end of the day, I was bringing back with 55k profits.

[02:29:12.09] - Speaker 2
That's, that's fine. This session I was taking small sizes for you and it was making also 1800 US dollars with the approach. Small losses, small losses, small losses. And if there's the move, boom, we take it.

[02:29:27.17] - Speaker 1
Yeah.

[02:29:27.29] - Speaker 2
And that's it.

[02:29:31.24] - Speaker 1
Great.

[02:29:34.01] - Speaker 2
Nick, let me know your feedback. How was the session? And everyone else was now in this, in this, in this live trading session. Give us a small little feedback from 1 to 10. 1 is good, 10 is bad. How do you rate this session. And let us know what you was learning today. And take us a favor. Give us. Give us a favor. Go in the member success area today and write a message. Write something down. What you was learning so that other people may be joining the next calls or will watching the records. Why? Why? There's something down in the member success area.

[02:30:26.26] - Speaker 1
Thank you, guys. All right, we're two times. Well done.

[02:30:34.05] - Speaker 2
Two times. All right.

[02:30:41.01] - Speaker 1
Great. First time trading on the one minute was exciting. Thank you, Sean.

[02:30:49.29] - Speaker 2
All right.

[02:30:50.28] - Speaker 1
Awesome.

[02:30:52.04] - Speaker 2
I learned a lot from you, but I didn't really follow your trades and why it's good. You. You should not follow my trades. You should not follow my trades. Don't copy. Is this account from the start? No, the account is now, I think six months old or more. Yeah, yeah. I think I was sharing every few days with Fabio the track record from the account. So how we was going this with 100 from 1 million to 2 million. Now we hanging around between 2 million 7. We was falling back to 2 million and 300K. And I'll be fighting between 2 million 300 to 2. 2 million 700. This is my. My pivot point is 200, 700. I. I fight with this. I cannot break this at the moment. This is why I'll be a little bit more patience. Yeah, but it's not. Not.

[02:32:13.23] - Speaker 1
You started this in September, if I'm not mistaken. Beginning of September.

[02:32:18.25] - Speaker 2
It wasn't August. Yeah, August, something like this. And before I was trading this account also. But fill this up with 1 million. Yeah. It's always like in life. So the first million people saying the first million is hard, but I would say in trading, if he was making your first million, this will become easy. But. But to double the money to make again 1 million, this is really hard. It's. I try it like, I don't know, like four weeks, but. But I'm staying in the range. It's crazy.

[02:33:05.26] - Speaker 1
All right. Okay, great. Thank you, guys. And again. Thank you, Patrick. And see you again tomorrow.

[02:33:15.12] - Speaker 2
Yes, sir.

[02:33:17.02] - Speaker 1
Have a good one, everyone.

[02:33:19.02] - Speaker 2
Bye. Bye.

[02:33:20.16] - Speaker 1
Bye.

[02:33:20.26] - Speaker 2
Bye.