Trade without a Bias using Data

[00:00:00.07] - Speaker 1
Sam.

[00:00:40.03] - Speaker 2
Good morning team. Welcome. We are very excited to be here today. We have some special guests. First of all, welcome Ann Marie again I think you've been with us few sessions this year and last year you've been using our data. Very excited to have you here. It's always a pleasure. Welcome.

[00:00:59.13] - Speaker 3
I'm so excited to spend time with.

[00:01:01.12] - Speaker 1
The both of you.

[00:01:02.02] - Speaker 3
It's always fun and I always learn something. Super excited for today.

[00:01:08.05] - Speaker 2
Hopefully today we can show you some new stuff. Welcome Patrick as always.

[00:01:15.13] - Speaker 1
Welcome everyone. Nice to have you here. Welcome Anne Marie. Welcome Peter. Also welcome to the team, Peter.

[00:01:23.11] - Speaker 2
Yeah, and welcome Peter. So Peter has joined I think Peter, you've been on a couple of live stream with us especially on the bookmap side and you recently come and join some of our procession as well. So welcome.

[00:01:37.11] - Speaker 4
Yeah, that's right guys.

[00:01:38.27] - Speaker 1
Nice to meet you.

[00:01:39.17] - Speaker 4
Anne Marie.

[00:01:40.24] - Speaker 3
Nice to meet you Peter.

[00:01:42.29] - Speaker 4
Sorry I'm having a bad start of the day but yeah, looking forward to hanging out with you guys as usual.

[00:01:50.12] - Speaker 2
Yeah. So for those guys, if you want to ask any question to Peter, Patrick and Marie or me, just use the comments. So what we're going to do today we're going to start just looking at some data for a very few minutes and then we're gonna talk about our blind spots, level indicator, we're going to talk about gamma levels. We're going to also look at some live trading setups. We're going to to ask you, Anne Marie, like how do you prepare for your day and basically maybe look at some charts. And also Patrick is going to share kind of like how he is preparing for the day. And then of course we're going to look at market, real market scenarios. The first thing for those who have not follow our product release, we are very excited because I think we've released something that is game changing for the retail world. These tools are typically only available at the institutional level. So we're very excited to bring you these tools that have been now released with the new dashboard. The first thing we're going to talk about is looking at the snapshot on the assets. Basically the idea behind what we've done in the recent release is really giving you an idea as soon as you open a screen on how the asset is performing and what's changed and what are the things that you're looking for.

[00:03:04.01] - Speaker 2
The first thing we are going to talk about is our Q Score. The Q score is new, was released about three weeks ago and very, very excited team did an amazing job and basically the Q score is like an analyst rating system that focuses on four factors. We're looking at option data, of course, we're looking at volatility, we're looking at momentum and we're looking at seasonality. So as you can immediately see from here we have now in a positive seasonality on the SPX and we are now on the qqq. Sorry. And we're now back in positive gamma. Right. So just looking at here can give you an idea on maybe things that have changed. You can also come back in time and go and see what the data was telling you yesterday, the day before and so on. Yesterday we also saw, sent an email about Tesla looking at this data, how we could have like looked at the reversal that we saw in the last couple of days. But basically if you come down and look at the different models, you can quickly see how the seasonality score has shown a lot of predictiveness.

[00:04:06.03] - Speaker 2
For example, when you see this drop, this was really a few days before the sell off that we saw. And now we are kind of going back to kind of a positive seasonality. So always look at the shift and always look at for example in this move here, this could have been the bottom and now we are kind of like going back on a positive seasonality and we can also do the same thing on futures indices, stocks, ETFs, etc. So here we see the same picture on SPX. We can see our seasonality score. So we see like from negative to positive. And this was kind of like the beginning of the recent reversal maybe, or let's see what happens. But of course today we are in a bearish territory. We've seen a sell off at the Open. So yeah, I'm just gonna pause there and maybe, I don't know, Anne Marie, if you have any questions, Peter or Patrick.

[00:05:01.12] - Speaker 3
So I have a question about that last screen that you showed up. When I look at something and it says, hey, it's shifting positive and I stare down that chart and I try to frame out what I might think about today for me as a trader and I move to sort of simple things like am I sitting above the 50 simple moving average on the day? And, and what does that trend look like? If I see that seasonality score lifting, my thought will be, okay, I have to look for dip buying opportunities because that feels like the lowest risk event for me. And so if I'm staring that down, how do you incorporate the shift from neutral to positive in terms of thinking, okay, here are what my gamma levels look at. Is there a way that you can say, all right, now that things have shifted positive. Is there a specific number you go, okay, it needs to be three or four or you know, when you roll up, it's. It's at the very top. It's the newest. Yeah, yeah, right there. So as I look at it, what numbers do I need to number in terms of this index test?

[00:06:28.08] - Speaker 3
How do I stare that down to go, all right, you really need to look for dip buy zone opportunities in the chart. Where would I take that information and go next? Inside of mentor Q. What? Done that with a lot less words. I'm so sorry.

[00:06:46.09] - Speaker 2
Okay, okay, now makes sense. So basically the idea, I think the number is important, but it's more important to look at the shift. So for example, now we are. This number goes from minus five to plus five. So we are almost at the most like highest number that we have on seasonality. And of course you look at this number and you know, they might. We're neutral option, neutral volatility. But I think the key is looking at, for example, how the Q score was a week ago. So a week ago we were at the bottom of our option and we. And of course like, I think it's very simplistic, but like if you look at the colors, you see a lot of red. And now today you see a lot of green. So if you come to the matrix, you see a lot of negative gamma here. You can also of course go and look at the numbers, the values, et cetera. But I think what we are trying to do is to show you at glance what the sentiment can be. And of course you have our skew model, a more advanced model here. But essentially like what you want to look for is the change.

[00:07:50.16] - Speaker 2
So if you go back one week, you were very low momentum, very low option activity. We were in negative gamma. Volatility is neutral. Of course the market is indecisive of what could happen. We're all related to a catalyst that could happen, news about tariffs and all of that stuff. And seasonality was neutral. So going back forward one week now we are basically the option is now kind of in a neutral territory. So we see a lot less red and we see a lot more green. Right. So which is very simplistic because option debt is complicated. But for a trader, like just looking at the picture.

[00:08:27.05] - Speaker 3
That's exactly right. Yeah, I like that. Red and green. Easy, easy.

[00:08:32.28] - Speaker 2
And then of course obviously today we're seeing a sell off, which makes sense because yesterday we saw very strong move. We also bounced off this core resistance level on NQ and basically then you can use your gamma levels to then find maybe buying the deep area. So if you think that the trend over the next few days would be positive then you have like a support from our one day minimum, our put support level and so on. So then you can kind of like plan your trade using the gamma levels and of course we're going to talk about, about blind spots as well.

[00:09:06.05] - Speaker 3
Excellent, that makes good sense.

[00:09:13.21] - Speaker 2
What do you have any things that you want to add? Patrick there.

[00:09:20.13] - Speaker 3
He'S caught in the zone, he's looking for a trade.

[00:09:26.17] - Speaker 1
No, I was looking for the, for the, for the bottom where I can. So I have too much things open at my, on my side should I be at something. So if you ask me I, I'm a normal trader. Yeah. So for me everything should be as easy as possible. So I don't want that we over complicate simple stuff. And I think we was doing a really great job on Mentor Q with all the models, what we have and all the time when people come to us they having so many questions how we should use Mentor Q because we are so powerful, we have so many tools and I think one of my question what I would be asking you and what we should be add to this is more like how can new traders using mentor queue? So I don't mean new traders who knew in the market, I mean experienced traders who are the first time come to mentor queue and how they can build an edge with mentor queue. So what do you would say to someone like we have yesterday someone in our pro shout out to you, I don't name you, I see that you're here, you was asking the right question and I love this, how I can make money with Mentor Q and how I should use Mentor Q and how Mentor Q can help me to make better decisions.

[00:11:04.12] - Speaker 1
And I think that's the question also for you Fabio.

[00:11:07.13] - Speaker 2
So I think most of retail traders are relying on a lot of indicators and most of these indicators are looking at price and volume. Like most of like the typical setup that we see is looking at price and volume which I think is great and it works. But I think with what we've seen in the past four years, option data can now bring a lot of value into your strategy. So I think with artificial intelligence, with all the things that are changing, the things that everybody use are no longer going to work. So if everybody's using a MACD for example, there's no alpha in there. Like everybody's looking at the same signals. So basically there's no value that you can derive because the whole market is looking at the same signal. If you're looking at RSI 70 and 30, every YouTuber talks about it. So there's not a lot of what we call alpha in the quant space where you can generate from those indicators. And we're going to like provide some papers to show you the proof that that is the case. So I think given that we have all this data now, looking at forward looking data is important.

[00:12:18.18] - Speaker 2
So we have tried to basically reinvent technical analysis with the power of option data. So whenever you see something like this, a lot of people think, oh, this is a new indicator. It's not just an indicator because it's only lines on a chart, but the lines on the chart are summarizing the power behind all this data. So all this data on thousands of assets and with the blind spot indicator that we're going to talk about again, it's a lot of like things that we do on the back that can provide you great value. Very simple in a start. And basically you learn what this level means, you will know how to then take a trade using those levels. I think that's the key, I think is shifting the mindset of old indicator and old system that I've worked for maybe 20 years to now. Something that is continuously evolving and is going to change the way people trade.

[00:13:10.23] - Speaker 3
So absolutely, I would love to add to that for a bit what this also tells you as you define and look for that alpha, it's really also defining an edge as you manage your risk. Right. So for instance, if you're thinking to yourself, hey, let's say you come in, everybody comes into the market with Patrick and I were just talking about it in, when we were in the green room. We come into the market and we go, huh, I wonder what the market's going to do today. I have a thought that it might xyz so you might say, hey listen, I think I want to buy that high volume node immediately. You can look at it and go, okay, if it holds, it's going to give me something that will likely go into call resistance or resistance above. But I will know very quickly if it is not going to hold because I can look at the price action just to the left and that will show me where the trader sort of showed up. And I expect them to show up. So if you move your cursor down, I see you have it on the 25th.

[00:14:30.15] - Speaker 3
Scoot it back to to prior day. Stop. Yes. And look at the area right around the high Volume node. But no, on Tuesday. On Tuesday, yeah, Tuesday. See where the high volume note is? Notice the move down under that high volume node. That looks that got printed today but we're looking at how traders responded to it yesterday. The loss of that high volume load support angle tells you you're sitting in the wrong side of the trade. I love using these lines relative to what the traders our positioning because to me. So here we are coming into the gets. This is a great space to talk about. Right now we're at this particular level that is showing a lot of price action. Moving up, moving down, moving up, moving down. If we look to the left we can see that the traders actually try to respond before this current GEX level and the support zone below comes down into those wicks. Right where your cursor is just under to the left. Yes, yes, right there. So if you're thinking hey, I wonder if this is going to hold for me that's where I would put my order in.

[00:16:04.16] - Speaker 3
Realizing that it's got to reflexively move immediately or it's going to slide down into that put support next area in the horizon. And if I'm trading trend I'm going to wait for the bounce just above the GEX level to take the short down into the put support. And so because I'm, I really am a simpleton, this has revolutionized the way that I look at the charts and allowed me much more simplistic frameworks that make me go okay, there's the line, let's see how they responded to this price. It might not have been GEX1 yesterday, but it is today. But yesterday or the day before when traders came into that price, they responded today they're having a big battle about that response. Normally or in the two days ago it was moving to the upside, today they're saying I don't think so. So if I'm taking a short I can use the bounce up into that heavy congestion and take it down into the GEX for my first target move my stop to break even and then I can run it into the put support or either the new, the new heavy congestion just underneath. What do you think of that?

[00:17:38.25] - Speaker 2
To add to that And Marie is very, it's very, it's very great what you said because basically I think the first step also for new traders is learning what this hy level mean because like typically when you break those levels there's an increase in volatility. So we see it here that the break of this level is like absolutely strong like candle all the Way to the next level. So this was 20 minutes trade from 2418 to 2300 points. Boom, all the way down. And now we're finding support. We have these big two levels right there.

[00:18:15.26] - Speaker 3
Let's go back the break.

[00:18:19.17] - Speaker 1
Fabio, let me add something to this because we can. We can. We can explain this a little bit simpler. It's. It's really simple how you can read this. It's. I can teach you this in five minutes, maybe. Let's go to my stream then. I can mark this a little bit. Let me know if you see my trading view.

[00:18:41.24] - Speaker 2
One second. Yeah.

[00:18:45.08] - Speaker 1
Okay. It's really simple. Okay, Fabio, first I want you to know that you explain the people what means call resistance.

[00:18:57.28] - Speaker 2
You want me to explain?

[00:18:59.26] - Speaker 1
Yeah.

[00:19:00.24] - Speaker 2
Okay.

[00:19:01.10] - Speaker 1
What is called resistance?

[00:19:03.09] - Speaker 2
Yeah. So core resistance. And again, the word resistance. Don't think about it in technical analysis terms. So don't think about resistance support and resistance in technical terms, because those levels are based on options data. Right. So if I go back one second to my stream and we go back to our dashboard and we bring a gorgeous short train.

[00:19:28.14] - Speaker 3
Sorry, just staring that down. It's really. That was a really pretty short. Into the next line.

[00:19:36.00] - Speaker 2
All right, so core resistance, Patrick, means the highest level with the most positive gamma, which is this level here. So you see this chart? This would be the widest green bar that we see here, 2500. And then we have our put support here at 2250. So this would be the level that you see right here. The core resistance zero dte is simply looking at only one expiration, which is the next day expert or today's expiration, which is this level right here. So 2550, which is what you see all the way here.

[00:20:17.28] - Speaker 1
Okay. So below call resistance. Can we say in really simple term the long side control or the shorts and control below call resistance.

[00:20:29.02] - Speaker 2
Yeah, I would say that is when the market shifts from negative to positive. So we're still. The short are still in control, let's say.

[00:20:37.17] - Speaker 1
Okay, and now go please back to my stream. It's so simple today. It's really simple. And we was in the green room and I was talking to you and I was talking to Emery and I say, man, look at this. So the shots are in control. It's so easy. So look at this again. Let me know if you see my stream from you.

[00:20:56.29] - Speaker 2
Yeah.

[00:20:58.18] - Speaker 1
So now you know what is call resistance. And you see on your NQ shot. So here we have call resistance and call resistance euro dte. So I was asking Fabio, boost and control the shorts or the long. And now you know exactly what is called resistance. And as you can see. So there's no long opportunity as long we not above the call resistance. And we see also the really strong liquidity. So liquidity. What I mean with this we see here gags 1 we see high wall 0dte and we see the blind spots BL5. So boom. First big liquidity and then next liquidity. Put support one day min and the blind spot. So that's the magnet areas. So really simple what you can see. You see we are below call resistance. So the bias not in control. We have two strong magnets. We have liquidity there. We have GEX one blind spot five high wall put support one name and BL10 all in the same area. And automatically they are where the the strongest liquidity is that's reacting as magnets. And this was so simple and easy today, Fabio. And without all this. So let's take out the the drawings.

[00:22:24.20] - Speaker 1
Let's take out the indicators and let me know the market was open here. Do you know what we going to the up or did we going to the downside? If you were betting on the downside, I will sure you would say okay, that's the support and resistance. And here is also my my area. Maybe this would be where I can go long and short. But you have really no idea what the market is really teaching you. The options levels for mentor queue say helping you so hard to reading the market on a really simple approach. I'm not an options trader, but I'm using the options levels for me as a futures traders. And it's really simple to understand. And this is something what I would be highly recommend to everyone during your homework. Understand first what it's mean call resistant. What this mean? High volt. What does mean? Put support only the basic understanding. Plot the levels on your shot and then you see it really clearly with your eyes. And if we going now to ES because I was looking to ES this morning. So we have exactly the same picture. Not exactly the same, but we have the blind spot picture.

[00:23:46.28] - Speaker 1
So let me. Let me go there. So take out my. My drawings first. Here we go. And we can use the same where we are. So we have here the call resistance. So we are not above this. So shorts are in control. And where we have the next liquidity level. So the blind spot supporting the gamma. So we have one liquidity point here, we have one liquidity point here. And the next liquidity point is here one day min and blind spot. And where we were stopping exactly on the liquidity point here on the es. Boom. Perfect. And where could be possible the next stop if the short goes down to the one day mint. Why? Because we have the liquidity points there. And this is something where I cannot target. If I won't be going short now the es I could say, okay, I put my stop loss are both blind spot two and I'm targeting now the one they're in for example. Or you want to see that we maybe come back to the blind spot too. And high volume as the liquidity waiting for retest. And then you will taking possible the long.

[00:25:02.19] - Speaker 1
So but without the leverage how you can read this, it's really hard. You're making making your analyzing more harder than it is. So for me, I like to focus on the shot to focus on my trading. Don't have to make so much analyzing and all the crazy stuff. I want this as simple as possible. And this is what I would be can add to this. Fabian.

[00:25:31.23] - Speaker 2
Yeah. And maybe Patrick, we can maybe talk about blind spots. So we, we got a lot of requests and questions over the past few days. What are blind spots? And maybe I'm gonna explain it from a product standpoint. And then maybe you can explain why we started developing because we already started developing with your inputs last year, which was great. And basically like, let's go back to the idea of the world being interconnected, right? So whenever the NQ moves is not just a standalone move, is associated to a lot of different things that are moving around it. So for example, if you have Nvidia earnings and this brings a lot of volatility, suddenly the index would move and suddenly a lot of correlated asset would move. So as a trader, you need more and more information to be able to make decision and be successful. But the problem is that what Patek teaches us, time is money and money is time, right? So you don't have the time to potentially analyze everything. You cannot spend time in front of the screen three hours a day to understand, okay, something's happening on Nvidia. Maybe I should take a position on nq.

[00:26:42.15] - Speaker 2
So what we did with the blind spot is we created an algorithm that looks at options data coming from correlated assets to the asset that you're trading and provide you with again, simple lines on a chart that would actually tell you where the liquidity areas are. But the liquidity areas is not only looking at nq in this case, we are looking at a lot of different correlated asset. Whether it's max 7, whether it's yes, whether it's gold, etcetera so we do the hard work for you guys and we simply give you access to this data plotted on a chart. So now we have our BL10 which is acting as a support. We also have our gamma levels right here. So you now have put support one, the minimum your sub BL10. So you know that there are some assets that are experiencing a lot of like liquidity area around those, those levels and whether it's Nvidia, whether it's Tesla, whether it's gold, basically you know that something is approaching there. So for example, like look at Nvidia, we are now at a very important put support level. So we'll try to break our one day minimum.

[00:27:51.29] - Speaker 2
We're now stopping at the put support level. Right, let's go back to Tesla. For example. We just broke our JAX one and now what we have here is obviously next support level is all the way down here, which is our hival level. We can do the same exercise on all the assets that we cover. And then we can look basically in one simple chart. You can basically plot the blind spots for that asset. That can also give you a supporting tool for your training.

[00:28:22.18] - Speaker 3
Fabio, may I ask a question? Let's go to the Tesla chart. So as we look at this, we really are in between two very important lines. And if I'm a trader and I'm trying to incorporate this into my mechanical trade flow while trying to manage my risk, would you recommend that I position at these levels in the direction of my trade? And what would you say about, okay, I see I'm in between these two levels. Would you tell me, listen, sit on your hands. How would you recommend using. If I'm sitting right between these two big levels and I just come into the market, what would you recommend I do?

[00:29:21.01] - Speaker 2
Yeah, for example, like right now, first thing, I'm not plotting all the gamma levels so I have some of them slightly. So if we start adding more gamma levels we probably will see maybe some additional lines maybe coming here. So now we have our Jax 4 right there or Jax 5. So I'm basically just limiting the number of lines in the chart just to make it simpler for me. But to go back to your question, let me remove those. It's basically like there is the, the way this tool would work is as a supporting tool for you. So first, of course the idea would, if you're thinking on a short would have been to take it at the break of the jacks one. And now of course, what do you do right now? Right. So if you think that the Market could go down, then you can still use your own indicator to define your plan, but you now have some supporting tools. So let's say that you are on a short year, right? What, what is your risk management? Right? Where. What are you targeting? Are you targeting the low of the previous day?

[00:30:25.22] - Speaker 2
Are you targeting the low of the.

[00:30:27.12] - Speaker 3
Yeah, I see.

[00:30:28.08] - Speaker 2
Where are you taking your stop? Right, so now you have a clear understanding that. Okay, like, so if we go back to J1, most likely we're going to be. So if we are on the short side, we're going to have a big reaction, right? So this could be, for example, if we break above this, then maybe the trend is changing. So if you're thinking on a short year, maybe your stop loss could go above Jackson, for example, if you're looking then at the profit target, you know that basically here you have the one, the minimum, the IVO level. And you know what that means, right? So are you going to risk your profit hoping that the market would go further down or you're going to take partial profit and risk manage that? Okay, so that's kind of like how you can use those.

[00:31:12.18] - Speaker 1
Anne Marie. I cannot hold my mouth anymore. I cannot hold my mouth anymore. I'm shocked.

[00:31:18.11] - Speaker 3
I'm shocked.

[00:31:19.10] - Speaker 1
No. So, okay, so if you be below G1 and high wall. So do you remember on the moment where we was live with D where I was saying to you, hey, is this possible that I can blow your minds? Do you remember I was using the buzzer word?

[00:31:38.15] - Speaker 3
I cannot remember what I ate for breakfast.

[00:31:41.09] - Speaker 1
Okay, so in the moment. So in the moment, if you be in booth gamma levels between GEX1 and high wall. Use the Fibonacci tool 5.

[00:31:52.06] - Speaker 3
You can use this 50, right?

[00:31:55.21] - Speaker 1
So. And I'm sure, look at this. Here we go. So is there any question? So, so no question. No question anymore. So what you should do? So, so if you've been all short, okay, you should be going out now because we was not breaking the level from, from the, from the fifth. If we're breaking the fifth, you'll be on a good position. If you want to re. Enter on the long. It's. It's your, your perfect entry.

[00:32:25.09] - Speaker 3
I do remember that. Now that's. That is handy dandy. And you want to know what? It had fallen out of my head, but now I'm going to be stick. Listen, a lot of things fall out of my head. I'm not kidding.

[00:32:39.11] - Speaker 1
Okay, okay. Okay.

[00:32:41.18] - Speaker 2
And I think the other thing, Anne Marie, that we have developed within the indicator is basically the ability to automatically draw a roadmap. So let's maybe red here. And basically what this does now, it's basically defining our areas. So here we're taking our gamma levels and then now we can hide the levers. And now you have basically your picture right there. And then. Very easy. What Patrick said, if you want to fill the gap between those areas, you can also do that. And right now we're, we're looking at just the shaded area. We're not looking at all the gamma levels, but if we put the levels back, we now have our levels again.

[00:33:36.01] - Speaker 1
Really simple. It's, it's really not. And, and I think, Fabi, you was asking, hey, maybe you can say about your morning preparation. I know I could, I could not lie to the people. I say, oh man, you know, I'm sitting there one, one hour, I'm looking to this, I'm looking to this. But I will not lie to you. I would be really honest. My morning preparation is starting the, starting the laptop open the trading view chart. The levels are there and that's it. And I know exactly what's going on in the market. So I like that. Then I need more. I don't know.

[00:34:15.19] - Speaker 3
Sounds pretty easy.

[00:34:17.26] - Speaker 1
Yeah, but, but this is, this is what I mean. It's like you can make the morning preparation. You can analyze everything. And I was, I was doing this in the, in the past really hard and really often. But most of the time, if the market is open in New York stock market open, everything is for the rubbish. You can put this in the. It's bullshit. And this is why I was never doing any, any preparation anymore. I'm open the shot, I have my levels there. I know what the levels are meaning, like call resistance, what I was telling you. And that's my morning preparation. I know exactly. Look at this. Call resistance. We unboss not breaking this. And let's see what the market reacting when we open. Follow the price action. That's it. That's my money preparation.

[00:35:04.26] - Speaker 2
Yeah, I think we, we just missed this, Anne Marie. But this was perfect.

[00:35:09.17] - Speaker 3
Oh yeah. I actually took the long off of that base because I was thinking about the reflexivity event. Plus it's a, a bit of a range, right. We're caught in this horrible, nasty range space. So I love seeing wicks show up that close above the GEX levels. That's one of my favorite ways. I see the flush. I know it's longs that are coming in because shorts got too short and it turns around like that. So one of my favorite Things to see on these five minute charts is, is there a wick that flushes below my support levels and then opens the candlestick above it? And so I'm anticipating that we get back into the, the GEX one and then, you know, we'll make another decision there.

[00:36:12.04] - Speaker 1
But Emory, my question, how, how you prepare for the morning, to be really honest. So I know, do, do you spend really so many times for the market?

[00:36:24.06] - Speaker 3
You know, I do. I spend, I'm usually up by about 5:30ish. And then I sort of schlep around for 15 minutes swilling my espresso and whatever else. And so once I get to the charts, I always go top down. I start every single day, I look at a weekly chart, every single day, I look at a daily chart and I look at the candlesticks and I go, all right, what were these traders trying to accomplish? And then I sort of get a feel for what that looks like. And then I put my mentor Q levels up and I transport them to my trading platform. And I look and I say, all right, here's what I'm staring down. How did they respond to this line yesterday? Not that the line was there, but the price was there and so there was a response action there. So it's going to help me stay generally in the right side of the trade and if I'm wrong, it'll stop me out immediately. So I have that reflexive area. Another thing I love to do is I love to frame out the, the first Globex hour of trading. Right. 6 o' clock to 7 o'.

[00:37:54.21] - Speaker 3
Clock. I'll put that up and it amplifies the direction that I am seeing in the charts walking through. And it gives me more confidence to walk through all of the mentor Q levels.

[00:38:11.18] - Speaker 1
Yeah.

[00:38:11.25] - Speaker 3
And that's really it. Yeah, yeah.

[00:38:15.08] - Speaker 1
I'm a businessman for me, like that's why I'm liking mentor Q. So I was really thinking about, okay, normally it takes me one hour, two hours for the morning preparation.

[00:38:27.04] - Speaker 3
Yep.

[00:38:28.05] - Speaker 1
So now I save two hours each day because I don't need any more the market preparation.

[00:38:34.12] - Speaker 3
Yeah.

[00:38:34.25] - Speaker 1
So two hours with five to 10 hours, five 40 hours. I save 40 hours of my time and with my profits, So I make automatically now more hourly profits because I have not to spend any more so much time in the market. So that's my investment. So in mentor queue. And this is something what I really like and this is how I'm thinking, I'm thinking always like an investor. So how I can mentor q if I'm invest 99 west dollars and some subscription. How I can brings me back. Okay. It saves 40 hours of my time. Amazing. So 99 US dollars is more worth than 40 hours of my time. So 40 hours of my time is 12 to 1990 hours. So and this is something how I'm thinking like it.

[00:39:22.25] - Speaker 3
So yeah, I'll agree with that for sure.

[00:39:25.29] - Speaker 1
And you can wake me up in the night and say okay Patrick, so let's trading two hours. I would say okay, let's go. I'm open my trading view and, and we can, we can start.

[00:39:36.11] - Speaker 3
So you know that's a sign, that's a sign of a quick mind though Patrick. So yeah, okay, maybe a little credit because somebody like me is gonna go.

[00:39:50.20] - Speaker 1
Yeah, but of course I need energy drinks around me and all this stuff. So. Yeah, yeah, of course. But. But this is how it goes. And the other thing, how you prepare for yourself.

[00:40:04.28] - Speaker 4
Certainly, I mean Mentor Q overall is taking my top down preparation time down a lot.

[00:40:09.29] - Speaker 3
Yeah.

[00:40:10.10] - Speaker 4
So I don't have to go too high time frame anymore really. As a day trader I come in with my, you know, my auction market theory things, my initial balance where we're trading at today relative to yesterday and try to just gage a little bit of a bias to not get over biased like I did this morning and then. And just the levels pretty much are the map.

[00:40:29.10] - Speaker 2
Yeah.

[00:40:29.21] - Speaker 4
Like you know, like the rails of the road.

[00:40:32.14] - Speaker 3
Well said.

[00:40:33.17] - Speaker 4
So it saves, it saves a ton of time.

[00:40:35.07] - Speaker 1
Yeah.

[00:40:35.17] - Speaker 4
Because if this then that scenario with. With the levels.

[00:40:39.01] - Speaker 3
Yeah, for sure.

[00:40:40.21] - Speaker 2
And then Peter, I don't know if you want to talk about your recent success. Congrats for your recent successes that you had over the past month. So really amazing and thanks.

[00:40:52.11] - Speaker 3
Sure. Yes, sure.

[00:40:54.02] - Speaker 4
I appreciate it. Yeah. I mean we're. This yesterday I passed another prop account over some other company and and by the way, Anne Marie, I love top step. Robert Cooney's a good friend of mine. He was my personal.

[00:41:08.19] - Speaker 1
Tell him hello.

[00:41:09.20] - Speaker 3
Let me tell you.

[00:41:10.29] - Speaker 4
Yeah, really good training.

[00:41:13.15] - Speaker 3
But yeah, no so conscientious.

[00:41:15.27] - Speaker 4
He's awesome guy.

[00:41:16.24] - Speaker 1
Yeah.

[00:41:17.01] - Speaker 4
But we passed, we passed every day. Like I showed the results to Fabio and Patrick and I can probably share it later in the, in the Mentor Q room. Like every day was a green day on a pretty large size account and it was all just Mentor Q. It was just staying in the lane. If this, then that and then you.

[00:41:32.16] - Speaker 2
Know how many of you guys know.

[00:41:33.18] - Speaker 4
I work at bookmap so I use Bookmap religiously at the, at my entries for execution and Management and then discretionary, you know, discretionary exits and. But my preparation time's really cut down. I don't really need a lot of time because of mentor Q levels. I just. Yeah, I don't need to guess where positions are when there's a really good statistical tool telling me where all the notional money is and where there will be inflection points and where I want to engage again. Should have told myself that in the morning. Yeah, it doesn't matter. Today, all this talk.

[00:42:13.13] - Speaker 3
Every day in the trading space is a battle against yourself.

[00:42:21.16] - Speaker 1
It's like, yeah, Fabio, we get. We get a question about the. The road map. Maybe I can share again my screen. Here we go.

[00:42:38.08] - Speaker 2
Questions about that.

[00:42:40.00] - Speaker 4
And it should be maybe addressed a bit because I noticed that sometime, you know, yeah, my levels look a little different than others, etc.

[00:42:47.03] - Speaker 2
Yep.

[00:42:47.25] - Speaker 1
You see my stream from here?

[00:42:49.22] - Speaker 2
Yeah.

[00:42:51.20] - Speaker 1
All right. So, yeah, this is. This is. This is how my roadmap looks at the end, on my end. So this is something what I really like. And if you see this, so it's really clean and easy. So this was the market open, so we was not able to go into this. I like to trade box to the box. So what is this meaning? So that's my first. So I'm at scalper. This is my first box. I'm out. And as you can see, it was working perfect. And if we breaking this box, I would go into this box and I'm out. And then if we're breaking this box and I will target the next box. So I'm trading most of the time box from box as a scalper. And this is really, really simple. So and on your indicator from Mentor Q O, that's the blind spots. Sorry, but you have to also in the blind spots, you have the setup so you can create a roadmap. You have the ratio. I'm using every single day a different ratio. Sometimes I'm using ratio two, sometimes I'm using ratio three. But I'm looking really to my trading side.

[00:43:56.29] - Speaker 1
So if I'm going now to roadmap ratio 4, you will see it looks a little bit different. So let's remove the drawings. Here we go. Then it could be looking a little bit different. We can go a little bit higher and it will be changed. Now we have here my box. This is why I'm playing a little bit around with this. And I'm personally like the ratio too, only today. And then that's based on my gamma labs from Mentor cue. Then I will add my blind Spots because then I know exactly what box have also confluence with other assets. So that's why we have the blind spots. We're looking to correlate it, assess. Then I know exactly what box is really important for me. I know this is an important box. This is an important box. This is an important box. And this is an important box. So in this case I know exactly what are my important boxes for the market. Open on the top, I have here in box. Okay, so if we break out, maybe I can target this. But there was more likely that this boxes are more interesting because we have more areas here.

[00:45:20.15] - Speaker 1
And if we go into the principle of the gamma levels, you know, there's the core resistance. We are not above, we are below. So you know what is going on. And this is, this is how I'm using the trading roadmap principle. It's really, really simple and easy to follow, I think from you.

[00:45:41.02] - Speaker 2
Yeah, yeah.

[00:45:42.03] - Speaker 1
All right.

[00:45:44.20] - Speaker 2
And I think, Patrick, we get some nice questions about crypto. So obviously, you know, we with the recent crypto move, how can we use data for crypto? So with crypto there's a few exciting things that I want to talk about. The first thing is we have the data on the futures. So if you're looking at mbt, we can get gamma levels on the futures here. Let's see if we get them live. All right, so we have our futures gamma levels. We also have our blind spot levels. So for MBT futures we have our blind spots indicator, but we also have now the crypto ETFs. So we have IBIT. Right, so now we can look at IBIT. Let me add the indicator there. So again, look at this again. Great bounce from core resistance all the way here. So for those who are thinking, okay, but I'm trading bitcoin spot and I want to translate those into Bitcoin so that I can use them in my trading. Very simple. Come to the indicator, go in the conversion settings and we have tutorial videos. We're not going to spend time today to talk about the ratio and all of that because we have tutorials.

[00:47:09.28] - Speaker 2
So if you have any questions, let us know. But basically, very simple, I'm gonna take my IBIT levels right here and I'm gonna translate them to my bt, BTC USD. We're going to use an auto ratio for simplicity. And now we can simply go to our bitcoin chart. Now the levels are here.

[00:47:37.12] - Speaker 3
Wow.

[00:47:39.02] - Speaker 2
So now bitcoin traders can leverage the power of option data coming from the option chain of futures and ETFs the very exciting news is that by the end of May you're also going to have spot crypto option data that you can use on Bitcoin and Ethereum. So very excited.

[00:47:56.20] - Speaker 3
That's absolutely incredible.

[00:48:00.15] - Speaker 2
Yeah.

[00:48:04.08] - Speaker 3
Wow.

[00:48:09.04] - Speaker 1
Also probably I think one little inside stuff for Bitcoin. I'm not a bitcoin trader. I'm, I'm not touching this, don't ask me why, otherwise it would be now too much. We will get a bad discussion. So when we're looking to futures, so what we're doing MRE most of the time as futures traders we're looking also to the ETF or we're looking to the indices. So we're not looking purely to the es, we're looking also to the SPX and we're looking also to the etf, to the spider ETF to see how, how are the levels are there and how they're moving. We know exactly the round numbers from, from the spider etf. So we're looking also into this and I think also for the Bitcoin traders or coin traders, whatever, it's so important that you know, have ETFs to look into the ETFs and see how the ETFs are reacting. So as you were seeing probably when you was showing up our shot, maybe you can do this again. So you were seeing on IBIT that we, we was open at the core resistance. So everyone knows now what this call resistance. It was explained this and if you see something like this, we are below call resistance and that's the etf.

[00:49:28.19] - Speaker 1
So that's for you, your sign as a Bitcoin trade. Okay, take attention, take the shot because on the ETF you see this also and you can have the side beside so you have maybe the option with trading view to have on the left side, maybe the etf and on the right side you have your Bitcoin chart and that's so, so powerful if you have now booth together and watch both together. So this is something what, what we futures traders, I know many futures traders who are doing exactly the same. They have the wix, they have the, the spider ETF and they have this ES shots. So they look into three different assessments as they're looking how, how the weeks is moving, how the ETF is moving, how the futures are moving. They're looking for correlation for a second confirmation. And us Bitcoin traders having now also the same power what you're not having before because now you have the ETFs and that's, that's Your power because I would be never invest in Bitcoin, but I would be maybe invest in etf. You must think about on the different fields of who are the investors in the ETFs who are also the party will invest in the bitcoins.

[00:50:46.23] - Speaker 1
It's the same like with spx, SPY and es. So they are different players. Some people playing with spx, some people playing with the ETF and some people playing with ds. They are different marketplaces. And you can now take advantage of this. I would really highly recommend to everyone to do this.

[00:51:08.12] - Speaker 2
Yeah. And I think to add to that, Patrick, we've seen a lot of option activity going into the ETFs. So if you look at in this case our net gamma exposure chart, you can see that there's a lot of gamma there. And if you come to our matrix, those are like kind of like big numbers. So there's a lot of like option activity on those ETFs. So having those levels on your bitcoin chart can be very, very, very good. And I think there was a question about Forex. We also, yes, we do have forex pairs. If you come to our futures data here, we can type in, we have six Forex pairs. So we have Australian dollar, British pound, Canadian dollar, Japanese Yen euro. I'm missing one Swiss franchise. So here you could actually come here and look at the positioning on Australian dollars right here. And then going back to your chart, you can come here and open the, the Forex pair. And then here you have your, your gamma levels there. Again, if you are trading Forex, simply come here and Change this to 6a and convert that to the Aussie dollar pair.

[00:52:27.14] - Speaker 2
So I could do a conversion, very easy on 6am to AUD USD.

[00:52:40.27] - Speaker 1
And.

[00:52:41.05] - Speaker 2
Then simply come back to my chart right there. And now I have my gamma levels there.

[00:52:52.11] - Speaker 1
Wow.

[00:52:53.15] - Speaker 3
Let's draw Fibonacci there just for kicks. Patrick the genius. Yeah, that's beautiful.

[00:53:09.15] - Speaker 1
And you know you with this settings from, from the Fibonacci, you can, you know, I'm, I'm a stupid one. I'm not a mathematician, my wife is a doctor at mathematic and Physics by the way. But I am, I'm a stupid one. So.

[00:53:25.02] - Speaker 3
Yeah, so you married up is what you're saying.

[00:53:27.23] - Speaker 1
Yeah, yeah, yeah. But I was using, if you're looking to the Fibonacci settings, Fabio, what I'm using. So you cannot making any mistakes. You can draw it from the top to the bottom or from the bottom to the top. It's always the same so because I'm using always the same settings only. 038-205-0168. It's always the same, no matter in which direction. Yeah. So really simple and really stupid. Love it because otherwise. Yeah, otherwise we're getting so much people who asking should we looking to the 0.618 level or to the 02218 now no matter what it's. Draw it like whatever you want and see the price.

[00:54:16.07] - Speaker 2
What's my biggest fear when I wake up? What is receiving a message from Patrick with a new idea.

[00:54:26.10] - Speaker 3
Well, seems you've risen to the. To the challenge every time. So.

[00:54:31.01] - Speaker 1
Yeah.

[00:54:31.10] - Speaker 2
Yeah.

[00:54:31.23] - Speaker 1
So.

[00:54:32.02] - Speaker 2
No, it's great. Yeah, it's great.

[00:54:36.08] - Speaker 1
Getting the question about intraday levels and we're getting the question about end of the day. Okay.

[00:54:43.21] - Speaker 3
By the way, I covered that trade. Right?

[00:54:46.23] - Speaker 1
Perfect.

[00:54:47.07] - Speaker 3
Over the. From the put support to the next line.

[00:54:52.15] - Speaker 1
Nice. Amazing. Fabio. I would say I will. I will answer this from my perspective as a trader intraday and end of the day. And you would be answered this from. From your perspective from. From product and maybe Anne Marie, you can also add something to this. Okay. From my perspective, when we have intraday gamma levels and we have end of the day gamma letters. First things first. So Mentor Q we were starting always with end of the day. No matter of indices, ETFs or futures. We have in the beginning, only end of the day. And it was making us successful. You see many success stories about how traders taking advantage of the Mentor Q Gamma as it was using basically end of the day. All right, so then we having some days where people will say, oh, you know, the gamma levels are out of everything. What was happened in this moment? We get the Japanese carry trade. We're getting a big sell off. Jerome Powell was speaking. The market was pumping to the upside be getting election. Everything was crazy and white. And then we was wishing us. Oh man, it would be nice to have an intraday levels because then we can then we see some other levels.

[00:56:14.07] - Speaker 1
So then we see what is now on the intraday. So that's basically the concept. So I'm using always end of the day levels always because this is something what makes me successful and I don't will be overthinking easy stuff. But when I'm using intraday levels only when there is some big event where we having great moves to the upside or to the downside. Because then I can convert as let's say and Q trade. I can convert from QQQ intraday levels to the futures levels. And that's something what I'm using. So I'm using basically always end of the day blind spots and gamma levels and only if there are some event I will be using intraday levels and that's it.

[00:57:12.10] - Speaker 3
Yeah, same.

[00:57:15.19] - Speaker 2
Yeah.

[00:57:15.29] - Speaker 1
From, from you.

[00:57:17.28] - Speaker 2
Yeah. From a product standpoint I think that I agree with you. So we started at the beginning of 2023 and we only had like end of the levels and those really provided a lot of value because I feel like the big positioning are coming at the end of the day. So the big investors, the big institutions, institutions are repositioning themselves at the end of the day. But then it happens that there are days with extreme volatility. Right. Nvidia earnings or like Apple earning Tesla earnings or like some news. Jerome Power speaking. So it's important to understand what's changing throughout the day. And therefore we develop our intradays. So you now can have our end of day levels but you can also now have our intraday levels. So these automatically update. That's the new part. So which is awesome. So you just have to update the script. And basically what you have here is intraday levels on stock CTFs and indices. So I could have my end of day levels. I could also have my intraday levels right there and I could basically compare how they relate. So I could see for example, let's move this to the the right side so I could see that on the right side I have my end of day levels and on the left side I have my intraday and I could see for example interesting insights.

[00:58:41.11] - Speaker 2
So for example like the put support has moved down from the end of day to to now has moved down to 488. And obviously this is important because now you have a strong reaction, right? So you have this level right here that you might not have had. So I think looking at intraday is important. The other important part is if you come to our intraday dashboard is looking at the gamma change. So I think the most important is looking out this chart right here how things are changing throughout the day. So here we see our 10:30 snapshot compared to the previous day. We see that there's a lot of like negative positioning. And of course we saw the drop in, in the, in the price. But we can also go back at the open. So we can see that for example at the Open we add we open like very, very strong to the, to to the downside. So we have a lot like negative gamma. We still see that happening. And now of course we're going to wait for the next snapshot But I think that from a price standpoint is important to monitor things that are changing and basically.

[00:59:43.19] - Speaker 2
And then of course you could have your intraday, you could have your end of day direct into the chart and they are automatically updated. But the key part, again, Patrick, is not over complicate things. So we get a lot of questions like I want to have every snapshot in my chart because I need to make fast decision. And my answer is that you always need to balance what becomes an insight to what becomes noise.

[01:00:12.01] - Speaker 3
Because that is fantastic advice.

[01:00:17.09] - Speaker 2
Yeah.

[01:00:17.28] - Speaker 3
Because I'm writing that one down when.

[01:00:20.19] - Speaker 2
I was working for, with hedge funds, it's always a balance. Right. Okay. We are generating more alpha with this data, but then it's actually costing us more commission because we are making three times more trades. So in reality, yes, you could potentially make more money, but you actually have more commission costs because now you are making three times the amount of trade that you're doing that you were doing before. So if you balance it out overall, maybe that data is actually giving you a lot of noise instead of value.

[01:00:52.09] - Speaker 3
Gosh, that is just so profound. Really. I think it's a balance that a lot of traders struggle with. They do, they struggle with. Is this providing me insight or is this actually just noise? And what's, what's beautiful is that, you know, some traders just can carry a lot of things in their minds. Right. They can't. So they can look from space to space and collect a vast amount of information on men or Q to help them go in whatever direction they choose. But the beauty of mentor Q to me is that that those bells and whistles are there for you, but you don't have to start there with all of that complexity. You can trim back, scale back, and just look at the levels and incorporate them into your general trading strategies that look for risk defined opportunities.

[01:02:00.09] - Speaker 2
Yeah. And I think the other point, Ann Marie, is try to come into the trading space without the bias. Right.

[01:02:06.14] - Speaker 3
Because that's hard.

[01:02:08.06] - Speaker 2
What I show you today was overall we are back in a bullish kind of environment. You know, we, we start seeing the data improving, but obviously that doesn't mean that the market is just going to go up. Right. So if we came with a bullish bias today, we obviously could have seen that the market drops. So if you are thinking that, oh, the market has to go up, but it's not going up, so I'm always going to catch that trade that is going to help me go to the direction that I'm looking for. But instead of that Just look at the data. Right. So we have clear signal here that there's a lot of like downside pressure. Four candles. We went from one level to the other one and now we're touching the one them in. That was a great entry. You took that. Now we're kind of stalling here. But that was, you know, that was okay. Like in this case, your bias could be. I'm planning that there could be a reversal because the market has gone overstretched to the downside. There's a very big gamma level there and we also have a volatility level.

[01:03:07.08] - Speaker 2
So maybe that could have made sense. But to fight for the upside during those movement, I think, yeah, it's going the market. So basically you are, you want the market to go up, but you're not looking at the data. So the data is telling you that hey, this is going to be a volatile move from this level to this level. And therefore, yes, it could be like this, but it could also be a very strong downside move. So if you have a bias, you're gonna probably make wrong decisions because every candle that you see that has a potential for a reversal, you're going to take that on the other side.

[01:03:40.14] - Speaker 3
Yep, 100. 100%.

[01:03:44.17] - Speaker 1
And also I would be at something as, as a friendly advice and never financial advice, only friendly advice. But it's nothing about trading. So I think what I was learning, I was testing so many tools and when we're speaking about noises and all the stuff I have always in my mind. So let's think about you invest for some indicator, US$100. Will the indicator bring you three times the money back? Yes or no? And if you say yes, then I would say, okay, you, you should use it. If the indicator will not bring it bring you some money back, then this is a bad investment. And this goes for all tools. And this was like how I was reduced all the noises from my desk because I was asking me, okay, is this tool really worth it? Bring this me some money when I'm using this. If not, then I can take it out. I don't need it.

[01:04:47.21] - Speaker 3
Yeah.

[01:04:48.10] - Speaker 1
And that's also something what I say to the people on Mentor Q. People asking is Mentor Q both? I say, we cannot answer this to you, but if you invest US$90 and you're making one good trade with Mentor Q based on the levels in the moment, the tool is worth it. Three times your investment, for example. So, and, and this should be always the question for everyone outside. Yeah, is this tool worth it?

[01:05:17.15] - Speaker 3
Yeah.

[01:05:17.29] - Speaker 1
And also I Was really frustrating. It was I think Monday for it was one trading day for two weeks ago. I was not trading because I was outside with my, with my family and overnight there was some speak from Donald Trump and on Monday the market started huge sell off and I was basically missed this and I was really, really, really pissed. And I was thinking to myself, what the fuck I'm missing? What I was missing that I was not getting the information, that I was prepared for this. And then I was really thinking, okay, what tools I need to be prepared for this. Because if you miss something then you can also answer the question, okay, what missing puzzle do you need for your trading strategy? What you was not seeing. And for me this was okay on over the weekend I'm in the holidays. For me it's like holidays. I'm not looking into the market, I'm not looking into the news and I was missing this completely. So basically I need some newsletter what gives me all the information what was happened over the weekend. So and I need this before the futures market open on Sunday.

[01:06:38.17] - Speaker 1
So this was my solution. So if I get in one newsletter for this, boom, this pays me off. The next trade when I get and this is the same. So if you have a missing puzzle on your trading strategy and you have to feeling, hey, I need some better information when I should be getting out of my trades, I should have better information about my risk management mentor. Queue could be possible, a good tool for you because you have the levels, you can manage your risk better, you can manage your entry better. There are so many opportunities for you.

[01:07:12.10] - Speaker 3
Yep, for sure, for sure. I think a lot of traders don't think about trading as a business. And Patrick, he really pulled that together very, very nicely. Use the tools that actually help you get and keep an edge in the market. And that's something that men or Q does hands down. I mean, hands down it's just such a great tool. And so if you buy it and you go, I don't even understand how it works. Well then go figure it out. And that's exactly what Fabio has up here at the Menther Q Academy. You can't expect such a profoundly useful tool not to have its own parameters on how you need to interpret it. You can't just go in and go, okay, that must be resistance, that must be support. That's not what this means. It means something completely different. And so just like Fabio said at the very beginning, listen, you have to put your biases to the side. If you're coming in and you're saying, hey, this is a new tool. I've got to look at this tool and use it appropriately. Just dig in. Listen, I look at a lot of tools.

[01:08:47.27] - Speaker 3
This is the best tool I have seen in years. Years. It is profoundly useful. And I. I could not emphasize that anymore. All the hard work you put into it, Fabio, it's just. I mean, it shows.

[01:09:12.27] - Speaker 2
I think if I can add it, then I'll let you go. Patrick. The biggest challenge for us. So I come from Bloomberg, and I also work very closely with hedge funds where we were delivering advanced AI tools, advanced data, you know, really complex information that obviously these large organizations are using. The biggest challenge for us was to bring this kind of data and trim it down and simplify it as much as possible for retailers that have not seen any of this data, because gamma level is really. We really started talking about it maybe three, four years ago, but before that, nobody, I mean, not even institutions maybe, were using it. And basically, for us, the biggest challenge when we were building the product was to how can we make this as simple as possible? So obviously, we did that with the indicator. This is technical analysis reinvented with the power of option data lines on a chart. It cannot be more simple than that. We did that with the visualizations. But at the same time, there is a learning curve that is important. And that's why, you know, you can create a free account. I'll put the link here.

[01:10:25.14] - Speaker 2
And then you can access all the free courses. So if you create a free account on mentor queue, you can come to the academy and you can learn how to use these tools. Right. For free. You don't have to subscribe. You can just access some of these courses, the gamma levels. You know, we have training courses, we have live sessions, all of that stuff.

[01:10:45.23] - Speaker 3
Love it.

[01:10:47.11] - Speaker 1
Yeah. And also, Emma, if you. I don't know, we don't know each other too long, but for five years, my mentor was using options levels really often. And he said, patrick, you have to use options. You must use the data from the options. And I give. And I was trying this out three times because I was not getting it. It was too complicated for me. I was thinking like, man, how he can take an advantage of this? That's impossible. And then I was saying, that's nothing for me. Then they were speaking about Delta. They were speaking about put, of course. And I was thinking, oh, man, I'm only in Futures Trader, so why I need this? And I was giving this three times a try. And then I get it, because I was thinking, like, okay, I'm not An options trader. I have not to understand this, but maybe I should use only the, the big levels, the big gamma stuff and put this on my shot and take advantage of this and let the options trader doing what they're doing. I have not to take advantage of this. But for me, as a future stater, for me only the levels are important because that's at the end what triggers where we're getting the volume, where we're getting other people in the market involved and all this stuff.

[01:12:15.02] - Speaker 1
So that was one thing. What makes the aha moment I was thinking now I'm understanding but it takes really three times and maybe if you will sign up for mentor outside and you're thinking oh man, it's too complicated, I don't get it. No worries. You may be not the only one. Well, I would say to you give this a try. Maybe not only one time, maybe not two times. Give this three times a try and then go really on the, on the course. What we have for you with the gamma levels, it's so important only as a futures trader only understand the gamma levels. What are the meaning behind. And that's it. If you do this as a futures trader, you have 99% of everything what you need. There's maybe only 1%. That's maybe volatility, that's maybe delt that that's maybe delta hatching and all other stuff what could be important for you but not like the 90% what you should be knowing and then you get it. That's, that's really like this really simple. And I was over complicated. This is why I was not taking earlier advantage of this.

[01:13:32.08] - Speaker 2
Yeah. And if I can add Patrick, if you are a trader, it doesn't matter what you trade. If you don't look at options data right now in 2025, you are missing out maybe 75 of the picture. So you're, you're relying on 25% of information and you're missing the, the 75 that are going to actually drive the price. Right. So as Patrick said, you don't have to trade. You don't have to know what a put or a call is. You just have to know what this level can tell you and why the option date is very important.

[01:14:04.27] - Speaker 1
Yeah. And cut out the noises. So if I'm looking into different discords, if I'm looking sometimes in our discord, the people speaking about too many stuff. Don't get involved in this. Stay where you are. Yeah, don't, don't.

[01:14:23.20] - Speaker 3
Yeah.

[01:14:24.04] - Speaker 1
Keep it simple. Don't hop from strategy to strategy. Yes. Yeah. Because most of the time I say, hey, man, you're taking thousands of profits. What you was doing, I should be at this now also on my shot. And then I should add this. And you see this? Don't do it. Stay on your track.

[01:14:40.14] - Speaker 3
Yeah.

[01:14:40.28] - Speaker 1
Be consistent with what you're doing. So otherwise, my mentor was telling me, patrick, if you change your strategy, you will be starting from beginning as a baby trader. If you stay on your trading strategy, you're developing an edge and you become an experienced trader and a return trader because you know exactly where you speak from. But of course, you can add something to this and that's it. But never hope any strategy. And that's. That's really, really the key. And if. If I know that people asking, hey, Patrick, what you doing? How are you doing? And I tell them, and then they say, patrick, I was trying this, but it doesn't work for me. Why you was trying this? I never telling you. Try this. Maybe you can take something out from this and using this for your strategy. And that's it. Take all the information from maybe this presentation, from this call what we have now with Emery, with Peter, with Fabio, with me. Take all the gold nuggets for you. Maybe there's only one little tiny puzzle. And add this to your strategy. Add this to your strategy. Not copy Anne Marie, not copy Patrick, not copy Fabio, not copy Peter.

[01:15:52.10] - Speaker 1
Only stay on track what you're doing.

[01:15:54.08] - Speaker 3
Yeah.

[01:15:55.16] - Speaker 2
And if I can add another advice, let's go back to the institution where my experience was they would never buy trading signal. So a large hedge fund would never buy a trading signal and put money allocated on a fund where you're relying on a signal, depending on the success of the company that provides the signal.

[01:16:18.25] - Speaker 1
Yeah.

[01:16:19.21] - Speaker 2
So the goal of this is not to provide you signal, but to provide the data that you can use to build your own strategy. Because if you are just looking to follow what Patrick does, what happens if Patrick retires next month and. And doesn't provide you the signal anymore? Therefore, you're all set up and the. All the money that you invested in creating that setup and the time that you put to that is gone. So that's why, like, it's important that you learn the skill, but you don't rely on anyone else. You just rely on yourself.

[01:16:48.11] - Speaker 3
Yep. I love that. Such great advice. Thanks so much for having me on, guys. It was great fun. I absolutely loved it. Super to meet you, Peter. I'm gonna sleep slack Robert right now.

[01:17:06.21] - Speaker 1
Yeah. And let me add something. I know we're running out of time. Thank you, Anne Marie. But I have really one single question and I would ask you this anytime. Maybe you have one minute. So my, my question to you is if you would be starting with the knowledge what you have now and you would touch you, you will teach your younger self how to trade. What would be the, the biggest advice what you would give me?

[01:17:35.18] - Speaker 3
Oh, what a beautiful question.

[01:17:38.12] - Speaker 1
Yeah, I know but no one was asking you this. So that's why I have to do this. Make.

[01:17:46.14] - Speaker 3
Price your focus. Make price your focus and watch how other people respond to price. And that's in a nutshell. That's what mentor Q does. If I could clean. If you could see how my charts looked when I began trading and how they look now. It's night and day.

[01:18:08.05] - Speaker 1
It's.

[01:18:08.17] - Speaker 3
They're so clean. They're very, very quiet. And it's really because I focused on price and how traders respond to price. And that's the anchor point of why mentor Q works well for so many people. You can add all kinds of things after the fact, but at the end of the day, price tells all the tales.

[01:18:35.13] - Speaker 1
Good, good advice. Good advice to your younger self. Nice. I like it.

[01:18:40.19] - Speaker 3
Too bad I can't go back to her. Had to save myself a lot of heartache.

[01:18:47.01] - Speaker 1
Yeah, but you can back. I don't know if you have kids, but that's not a question. What I, what I can ask, I have. Okay, nice. Perfect. I have a five year son and I teach them every single day. We sit here and we're trading together 30 minutes every single day. He can he have his own money account your money and he can pull the trigger. But only one chair. So nothing but all things what I would be teach my younger self. I have not opportunity to teach this my son.

[01:19:20.18] - Speaker 3
Yeah.

[01:19:21.08] - Speaker 1
And this is that. That, that's the beauty. So other that he's getting out with the kids and playing basketball or I don't know, I'm sit here and teach my, my son how to trade.

[01:19:33.22] - Speaker 3
Good tools. So thank you so much, Fabio.

[01:19:37.24] - Speaker 2
Thank you Ann Marie.

[01:19:38.23] - Speaker 1
And have a great one everyone.

[01:19:40.26] - Speaker 2
Yeah. And guys, if we didn't answer all your questions, send us an email info at Mentor queue or send us a chat. Come on Discord. We'll get back to you guys. For those who want to learn more about what we do, you can create a free account. You can access all our free courses, access our newsletter and of course if you want to learn more about our models, just come to our website. You can learn about our futures level, our score and all of the things that we showed you today, but. Yeah. Thank you so much, Anne Marie. Thank you, Peter. Thank you, Paul.

[01:20:12.15] - Speaker 1
Thank you. Have a good one.

[01:20:15.21] - Speaker 2
Have a good one, guys.

[01:20:16.27] - Speaker 3
Take care.

[01:20:17.26] - Speaker 2
Bye.

[01:20:18.05] - Speaker 4
Bye, guys.