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From Nearly Bankrupt To $250k/mo From Prop Firms - Scott Taylor

By Titans Of Tomorrow

Summary

Topics Covered

  • Indices Beat Forex Reliability
  • 4-Hour Sweet Spot Filters Noise
  • Reward Dictates Stop Size
  • Back Against Wall Builds Edge
  • Prop Firms Scale Like Tools

Full Transcript

being ranked on prop firm leaderboards and making $250,000 in payouts in a single year.

Like to class the market as a surfer going out into the ocean, going into the same water every single time, and they're going to repeat the same practices, their strategy, but they don't know how big or fast or long the

waves are going to last. So, we've still got to adopt the same technicals onto the market, but you've also got to look at the nature of the market. Introducing

Scott Taylor with a decade of market experience scalping in the forex markets and transitioning to the futures market.

In this episode, Scott reveals his simple step-by-step strategy optimized for high-risisk reward, intraession, and intraday trading.

How do you determine your stop-loss size? And I say, well, it's the risk to

size? And I say, well, it's the risk to reward that determines the stop-loss size.

Oh, what do you mean by that?

So, like if you get a 15-minute, I basically took out my strategy from Euro US dollar and didn't change a single thing and put it into the German DAX and the SP500. All of a sudden saw a massive

the SP500. All of a sudden saw a massive increase in my reliability just because I knew overall what am I trading? What's

the nature of the beast? With forex, you don't really know. It could move sideways for 3 months and then be bullish for a week and then automatically shift on a 4 hour, become bearish for 2 weeks. And every time I was shifting on the 4 hour, I'm having to sit on my hands and I got fed up of

waiting. I thought, "Oh, my edge will

waiting. I thought, "Oh, my edge will play out in time." At the same time, you got to make money.

Because we're talking about liquidity sweeps, aside from a market structure or demand area sweep, what other pools of liquidity are relevant to you? Because

we can draw infinite potential pools, not only for the entry or directional bias, but also you're talking about exit points. What is liquidity pools that you

points. What is liquidity pools that you are focusing on? Liquidity for me in simple terms is the most.

Ladies and gents, welcome back to another episode. I'm joined by a man

another episode. I'm joined by a man I've been following for many years now.

Glad to finally have you here, Scott.

Thank you for coming down.

Thanks for the invite. Good to be here.

Um, so one one thing, there's a a lot of transitions in your life. I want to say going from a a gym owner and then struggling during COVID to back against the wall and then becoming a trader. I

think having your back against the wall is probably the worst thing because the markets amplify emotions. So I want to explore that later on. and and also recent transition is dabbling into futures. Uh so just that CFD Forex

futures. Uh so just that CFD Forex versus futures uh debate but first of all I want to start off with this year alone you've gone uh from personal capital to leveraging prop firms and

done it very successfully 250k in payouts in a year alone is is no small feat. Talk to me about that transition

feat. Talk to me about that transition from trading personal capital which is everyone's end goal you actually went to the prop space you did it the the other way around. Why and how has it been in

way around. Why and how has it been in terms of difference in in actually executing? Yes. So there was two main

executing? Yes. So there was two main reasons why I decided to do that. So it

was around August 2024, so about a year ago, that I decided to essentially go back to prop firms. I mean, prop firms is such a good tool from an a return on

investment point of view. You know, even the expensive challenges with a CFD firm, you could put $500 down to get 100k. I know you're not really getting

100k. I know you're not really getting 100k, but you get the ability to make, you know, 5 10 50k back, a return on that investment. And even if you burn

that investment. And even if you burn through a multiple evaluations before you get funded and get the payout, the return on investment still makes sense.

So the reason I went into that that space is for two reasons. One, because

as I'm becoming more of a well-known figure in the space, I wanted to be able to share that I can actually make money from trading, which a lot of traders can't.

So going through prop firms and multiple prop firms, not just affiliating myself with one, it shows what I can do. And I've managed to do that in 12 months. And I'm very happy with that and I'll continue

scaling that. And the next level I

scaling that. And the next level I believe is trading futures. And then the second reason was because I I'm an entrepreneur and I always have been and my partner is also. So that trading

capital that I was using at the time, why not utilize that and diversify into multiple pots and open other businesses.

So I now managed to diversify that portfolio into two new businesses where I rent my house out to brands that pays very well. So I'm one of the very few

very well. So I'm one of the very few that their home is actually an asset.

Yes.

And then uh secondary my my partner now has her own furniture brand.

Cool.

So I basically put that capital up front and now she's sustainable and and earning more revenue for the family.

And this is the capital from payout. So

this is your original that was my capital but my personal pot trading and then I put some into long-term futures, you know, the SP500 cuz I'm 38 years old now. I have four children. I've got to think about

children. I've got to think about shock to me because you look you look about my age. Yeah. Yeah.

Yeah. So, you know, when you're 21, you're thinking about grafting. And in

my 20s, I grafted.

Um, I picked a small business. Uh,

because that's all I really knew. I was

not academic at school. I didn't have any degrees. I didn't go to university.

any degrees. I didn't go to university.

I struggled with anything complex. I was

not good with numbers, anything like that. So, I I just went to the gym

that. So, I I just went to the gym because that's all I really knew, right?

So, I grafted in my 20s when I opened that gym. I know we'll talk about it

that gym. I know we'll talk about it shortly. Um, and and it's just a case of

shortly. Um, and and it's just a case of my kind of my 30s now. I'm thinking

about the future. I'm thinking about my children's future. My youngest is three

children's future. My youngest is three years old. My eldest is 16. So, I'm

years old. My eldest is 16. So, I'm

thinking I've got to buy her a car soon.

Then it's like deposit for a house.

She's going to be asking for that kind of stuff. So, I'm not just thinking

of stuff. So, I'm not just thinking about the money for now. That was been the last decade. Now, it's about the money for the future as well.

Mhm. Now, it's very interesting how people would ordinarily think prop firms leverage that to get my own account and then use that for my diversification in life. But it seems like you've taken

life. But it seems like you've taken your capital to then have diversification to risk against the market and then utilizing the tool that the profit space is. I want to first start off with exploring technicals and

I've been seeing obviously your content for a while. Something that struck out was it looks complicated because you're down on lower time frames and uh you know not trading the typical support resistance trend lines. Uh but at the

same time what shines through is it's also very simplified approach. So if you can walk me through your philosophy in technicals.

Yeah. So I look at trading like trying to find simplicity and the complexity of it. You've got so many multiple time

it. You've got so many multiple time frames but to be brutally honest you don't need all those time frames. And

most traders, they have families or if they don't have children yet, they have full-time jobs or they have businesses and they're looking to trade maybe one hour a day. That's probably all they can manage.

So, it's a case of cutting out the noise as much as possible. And that works for me as well. I mean, I don't just trade.

Of course, I teach people as well, but I have other businesses that I am involved in as well. Plus, I actually have a life. I don't want to sit at the laptop

life. I don't want to sit at the laptop seven hours a day. I'd rather trade for maybe 30, 60, maybe 90 minutes tops. If

the market's really hot, I'll be there for the full New York session. But

usually, because I trade off the 15 minute for entries, I set alerts and I walk away.

Uh, I only come back when that alerts hit. Um, so I look at a 4hour time frame

hit. Um, so I look at a 4hour time frame for market structure, and I call 4hour my key driver. And I'm looking for trend. So my watch list typically starts

trend. So my watch list typically starts with about four assets. So, I'll have gold, uh, I'll have the SP500 or ES in

futures, uh, NASDAQ or ENQ in futures, and then the German 30 or the DAX.

Interesting.

So, I'll look at them in the morning and the first thing I'm looking at is what's cleanest in terms of a trend on the 4 hour. Is it making higher highs and

hour. Is it making higher highs and higher lows with swing points or lower lows and lower highs? Or is it consolidating? And if it's

consolidating? And if it's consolidating, I'll just toggle it off and I won't look at it till the next day. It's as simple as that. And I'm

day. It's as simple as that. And I'm

spending probably 30 seconds looking at that. So we had gold in April that was,

that. So we had gold in April that was, you know, creating new high all-time highs until, yeah, midappril. And then

we had a 95 96 day consolidation. So I

came off the list and I was holding a swim swing position from like the 20th of May for like a 90-day period. Okay, the swaps on that

90-day period. Okay, the swaps on that were pretty big, but I was holding it for a long time, but not entering any new positions until we broke out again.

The same with like the German DAX. the

last two months it's been consolidating on a 4-hour time frame. So, I'm just laying off.

Mh.

And people that watch me, they're like, "Why are you not trading DAX anymore?"

They think I've just like completely changed, but actually it's just a filter process.

So, then you look at ES or the S&P 500, it's of course it's an index. It's a

trending asset and usually bullish over time. So, that's like a trader's dream.

time. So, that's like a trader's dream.

And the first thing 10 years ago that I was ever taught was the trend is your friend till the bend at the end. And

it's still very true now. So, of course, with futures, it's more intraday, but I do like to swing trade on CFD. I'll have

a swing account.

Okay.

So, if I'm looking at trading from a 4hour low, let's say a 4 hours, took a previous 4hour low in a bullish market, we're looking at a swing point, a run on liquidity.

Yeah. So, sweep on the 4hour.

Yeah. So, then if I'm taking that on a CFD, like a swing account, like a fun pro, FTMO, a funded next, I'll target the opposing higher time frame liquidity like a all-time high, a 4 hour, a daily

high. Whereas if I'm trading off the

high. Whereas if I'm trading off the 15minute let's say New York on futures firm has taken Asia low London low because I have to be out by the end of the trading day. I'm just targeting

opposing side session liquidity. So I'm

buying at the low of Lond the low of New York. I'll target that origin of New

York. I'll target that origin of New York high. So it's it's a different

York high. So it's it's a different strategy for different firms. So just exploring that topic alone which is I guess your ideation in terms of top down or 4hour down is probably very similar in terms of orientating yourself in a

trend trying to find a a relevant sweep uh and then you have the bullish targets in this scenario but the exits are different where one is a session related exit the other one is a swing related or

4hour next high related have you found a difference where the entry model or the ideation is similar but the exit protocol is different that that yields maybe significantly different results or what's your learnings in that?

My so I've been trading futures only for a couple of months now but it's definitely a a good learning curve that I can pass on and and learn from myself.

It's more the risk management and exits the entry is exactly the same. The time

frames and trading the strategy is exactly the same but instead of being able to hold for a four five six to one it's really more of a 2 3 one maximum again because you've got one like with Apex you've got trailing draw down which

can be really tough. So you've got to have you got to be in and out. It's more

day trading. Um but even without that like funded next futures or fun pro futures for example that have just released you just have end of day balance based draw down but you still got to close your position before the end of the trading day otherwise you get

liquidated right whereas if I'm trading a CFD account and I get in at a 4hour low in a bullish market on a 4hour I'm going to hold that until the next 4hour structural high

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to unlock all of these benefits and work with a leading prop firm in the industry funded next, check out the link in the description or use the code to so it's interesting because your analysis will be similar or equivalent in both. Your

entry criteria will be equivalent. It's

just the exit that is different through necessity of CFD versus futures. Yeah.

However, I want to explore because now you're basically swing versus intraday, intraession yourself through necessity.

Uh so it brings into uh as a conversation what is better or more favorable could be to your personality could be to your lifestyle choices but I also mean in terms of uh certainty or or

a degree of confidence because in a 4hour swing from higher low to higher high that could last days or even weeks and anything can happen at any point where today that entry is valid but 3 days 5 days later something politically

has changed and it can reverse on you which is you can't something something you can't predict just a philosophy that I have had is uh as time goes on degree of certainty naturally decays in the sense of if I had a gun to my head and someone said where's price going to be

in 10 minutes it's going to be a little bit higher a little bit lower so that degree of certainty is within a 10 20 pip range so you can be confident of that if someone says to me where's it going to be in one year could be really high could be really low or anywhere in

between alluding to the fact that swing naturally comes with a bit more uncertainty have you found that your strike rate is higher in the future side because of earlier exits or your yield

has become uh higher here because you're able to enter multiple times. Any any

insights from this comparison?

Uh there's definitely a correlation with futures having a higher win rate because you're cutting it at like a 1.5 2:1 whereas with a swing you could be running 3 4R and take more break evens

for that exact uncertainty. But there's

definitely some secret source in this.

And a reason why I stopped trading forex about 20 22 months ago is because at 4hour pivot points, so you know, if you get a 4hour that's bullish for a week or two and then it's

giving a market structure shift to the downtime and 4 hours now starting to become bearish, you're going to take a lot more losses or a lot more break even. So you'll just be sat on your

even. So you'll just be sat on your hands, especially with trading off 15-minute entries. Whereas going into

15-minute entries. Whereas going into indices which tends to be bullish on a higher time frame for months versus days or weeks, you have more reliability on being able to to predict that okay, the market is

going to create a new higher high.

So that's one of the biggest things in that filtering process that I'll always say to my mentees or anyone asking me for advice is first of all, what market are you actually trading right now?

Yeah, it makes sense to where a index will naturally be a tendency to be trending in a direction whereas a currency pair is is not favorable to be trending. It might be a large

trending. It might be a large consolidation but it is more likely to go sidewards because that is stability in a in an economy and I guess that bakes in a level of confidence in your in your biases. Have you found um your

it's early days you said but overall profitability has been better in futures.

I would say it's it's been difficult with depending on which firm you use. If

you use a firm with trailing draw down I won't name names but people will probably know what it is. You can get into profit really quick, but you get penalized by any kind of draw down, even

if it's an actual profit. So, if you're running 2,000 Yeah. unrealized crazy

that it is tough. Um, but prop firms have to make money and there's the difference between one prop firm might be really low entry ticket, there's a cost. Yes.

That, you know, if you're expecting to get a 50k, which is cost you like $25, you can't expect it to be tough to pass, right? there's got to be some kind of a

right? there's got to be some kind of a a hack to it. Whereas this is why I'm exploring other avenues as well. It's

still very early days of futures. I'm

not saying I'm a professional with that.

Absolutely not. But um yeah, you can get in and out with, you know, intraday because a lot of the time I'll trade New York on futures. So I find myself if I'm

buying in New York, I'm just literally targeting the origin of New York. So if

it's if Asia's consolidated, which tends to all the time, London might continue but without taking any liquidity inside of Asia, new pre-New York open will then

continue further more. But if you have it's like a 4-hour gap resting beneath Asia or I use the initial balance of Asia, that first hour of Asia, if London has not mitigated that, you can almost

guarantee with certainty price is going to come down. And if you're going to buy there and know you've got to be out of the position within two, three hours, your maximum target is New York highs.

Whereas, if you're trading on a swing account, you could literally set an alert on a 4hour low in a bullish market, wait for price to hit that, put your TP at the 4 hour and leave it, go

to work. when it comes to these uh

to work. when it comes to these uh shorter time horizon profit taking you know New York high let's say or previous session high uh are you therefore encouraged to now go down to a lower time frame because you're typically

4hour M15 that's your simplified approach but um just in the sake of getting a better riskreward for for a smaller move or the same riskreward for a smaller move does that mean you've had

to go down to an M1 or an M5 sometimes I'll go down to an M1 but that's typically after a move dictated by like NFP so post NFP they tend to be

very inducing. We even had PPI yesterday

very inducing. We even had PPI yesterday and it pushed the SP 500 high by X amount of points and I was like that low is going to go. It's so inducing. We had

a 4hour gap resting below Asia that had not been mitigated. London continued

with PPI very inducing. Lots of volumes to the upside. No liquidity had been taken that day. And I always say if the 15-minut time frame has not yet taken liquidity, it's going to happen because it will always take it at least once a

day. M

day. M and if it's induced by news and you want to get involved in, let's say, a counter trend position, which on the S&P 500 yesterday it was, cuz everything was bullish right down to the one minute

time frame. But if you're looking to

time frame. But if you're looking to hedge that short and trade into a 4hour area of interest, which is typically what I'll do, I'll either trade into 4hour zones or away from 4hour zones.

Okay.

And then you could hedge into that. But

if you're waiting for a 15-minute entry, you might not even get a one to a one, one to two if that 15minute retrace candle, the entry candle is too large.

Mhm.

Or most often for that reason, if I feel there's a lot of volume entering the market, if it's on New York open, we get that liquidity sweep that I'm waiting for, then I might get involved 5 minutes earlier than that 15-minute candle close

because then you can increase your risk-to-reward by an extra 2 to one.

I see. I see. I want to explore the the philosophy of why 4hour because a lot of traders especially newer traders we're all taught trend is your friend as you said but also the higher time frames are

more secure because there's more money is slow moving and we're just basically encouraged go to the higher time frames and therefore everyone just spends like ages on the monthly and then the weekly then the daily and if price is just in

no man's land the daily supply is here daily demand is here and we're here well you know it's not going to affect today's price action so I'm I'm in your camp But I want to explore why you've kind of removed the traditional top down

analysis working your way down to M15.

Yeah. So for me, my key driver is the 4 hour. I will look at the daily just to

hour. I will look at the daily just to have a look if there's any imbalance in price. So if we've had an impulsive day

price. So if we've had an impulsive day yesterday and it's left a daily gap behind soon after a consolidation, we know that price, especially reaching all-time highs in an S&P market, we know

we get those rejections and it will come back into a draw of liquidity such as a daily gap or a 4hour gap. That's when

I'll look at that higher time frame, but it's literally seconds and I'm back to that 4 hour. And I just find 4 hour a sweet spot because it doesn't move too slow that you get bored and impatient, but it also doesn't move too fast that

you can't miss things.

So, it's a and it's also a really nice to have those two variants of the draw and liquidity on the 4hour with a fair value gap. So, basically a really big

value gap. So, basically a really big impulsive candle with two wicks that don't touch either side. It's very very uh predictable especially on uh Sunday market open if you get an actual market

opening gap. It's like 90% hit rate that

opening gap. It's like 90% hit rate that price is going to come back that same week to mitigate that gap and that ends being a draw in liquidity.

But you you don't always get market opening gaps where prices not touching each other at all. That's where a lot of volatilities enter the market. Maybe

Trump said something or something's happened. Um but if you can look at

happened. Um but if you can look at those imbalances in price as well and you tend to have that most days which is why I look at that that 4 hour. The

other thing is looking at draw and liquidity with 4hour swing points. So a

high or a low if you're waiting for price to come and take that whereas you could be waiting weeks for the same thing on a daily.

Exactly. So uh because you we've spoken about a very narrow domain which is 4hour trend. So let's call it a 4hour

4hour trend. So let's call it a 4hour high low to higher high and then looking for that to get swept. um this could maybe take uh a couple days or a week to present as that impulse and then maybe another few days to come back down and

then when it's in your prime territory looking for that sweep. Let's say it doesn't let's say it just respects that demand area as opposed to sweeping it uh and then the new higher high which might take another week. You might be sidelined for quite a bit of time because you didn't get the sweep. So

will you have alternative setups? For

example, trading the demand area not necessarily the sweep of or you the sweep is the requirement.

Yeah, the sweep is the requirement.

That's the key area. So, if we have a 4hour gap and price is just mitigated, we might get a slight reaction, but know that you're probably going to get a secondary run on liquidity on the 15-minute at least.

Uh, and that's where it's probably best to wait for a change of character on the 15-minute or a market structure shift to turn bullish again. A lot of the time that can happen during Asia anyway, so

we're not trading. But if prices come very close to a 4hour low in a bullish 4hour swing, the best thing to do is just to wait. And that can instill

patience in the market anyway. You could

be waiting probably 2 or 3 days maximum.

But it's just a really good guide to be really accurate with a daily bias. And a

lot of the time if we're in a consolidation, we just wait for that 4hour run on liquidity and you'll see the volume kick in and that's when we get involved again. M what about if price is respecting that demand and then

M15 is shifting bullish now so you know that it's unlikely to now sweep the whole 4hour low uh it's already bounced away would you have re-entry opportunities or is just next time I'll come back to when it's when it's now

made a new high it I'd probably be more inclined to sell into it so oh okay yes so I I I really value those 4hour sweeps areas those 4hour sweeps are really really keen it depends on the

market as well again everything comes back to what are we trading are we trading forex are we trading commodities indices. So there's a reason why I trade

indices. So there's a reason why I trade those because I tested them heavily for a long time and then traded them live obviously a significant amount of time as well. I've been trading indices

as well. I've been trading indices nearly two years now and those 4hour areas are so like powerful as a draw in liquidity. Once you've been doing it

liquidity. Once you've been doing it long enough, you just have that patience to say, I'm wait. If we're mid-range, if we're at the 50% of a 4hour range and inside of that 50 minute is consolidating and you're at the the

mid-range of that 15-minute consolidation, just go do something else. Just go play golf, right? Like,

else. Just go play golf, right? Like,

don't look at the charts. Just wait. And

if it takes the high on the 15minut and it looks like an inducing move I would call and the 4hour low has not been tapped into that's where you could sell into it and you have a higher probability versus if you're buying

you're being induced and then because the 4hour is more powerful than the 15minute you're going to get taken out or just wait if you're unsure.

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firm. And with that being said, let's get back to the episode. I want to explore this idea of just because recently I've had a lot of veterans, let's call it uh these guys that are 20, 30, 40 years of market experience and

some of them are part of the society of technical analysts. So these are, you

technical analysts. So these are, you know, really professional at technicals.

But when I explore it with them, it boils down to baby pips. It's like

really primitive old school technicals of just support and resistance, trend line, Fibonacci and a and RSI and and if you were to now if I put them here with you and you were talking about sweeps and this liquidity and fair value gap or

gaps uh it would be a different language. Uh it used to be my language.

language. Uh it used to be my language.

I'm with you in this camp and I struggle to have conversations with this camp. Um

but explore to me this concept of liquidity because I know a lot of the viewers will will still be in that other camp of just head and shoulder patterns and and overall trend. uh and here we are targeting supply and demand zones.

We're targeting market structure. We're

looking for the sweep and the failure of probably their stop losses. Explore to

me why that is your philosophy.

Yeah. So yeah, there's there's a big contradiction in in liquidity as a term in itself in trading. Some people

believe in liquidity and some people call it volume. And it's just down to what works for you at the end of the day. I'm not saying that what I'm saying

day. I'm not saying that what I'm saying is right. I'm just saying it's worked

is right. I'm just saying it's worked for me. And um so if we look at supply

for me. And um so if we look at supply and demand, if it's an area that's not taken higher time frame liquidity, so again, if we're in a bullish trend on

the S&P 500 and price has come back to a 4hour supply, but has not taken any liquidity, I'd see that low as a trap, like a retail trap. There's no

inducement involved in that. And I'd

look at that on a 4 hour, interestingly, the exact same way as a 15minute bullish move on news like NFP. The origin of NFP, it will get ran the same day or the

next day 80 90% of the time. We see that happen again on a 4 hour, but just takes a longer time if it's not had any liquidity. Sometimes you've got an

liquidity. Sometimes you've got an internal range structure liquidity sweep.

Yes. um instead of an external range.

And but the market's not perfect. At the

end of the day, I like to class the market the similar way as a surfer going out into the ocean, right? The surfer is skilled, is knowledgeable, usually

experienced. They're going into the same

experienced. They're going into the same water every single time and they're going to repeat the same practices. It's

their strategy you could call it. Um but

they don't know how big or fast or long the waves are going to last. And that's

the way I look at it. So, we've still got to adopt the same uh technicals onto the market, but you've also got to look at the nature of the market. So,

nice analogy. I like that.

Yeah. So, if if you're expecting price to come into a 4hour gap or a 4hour low and react with a wick or the next 4hour candle immediately as a bullish retrace

candle, it's highly likely a liquidity sweep in my opinion. Then I'd be more likely that same day or the next day to start trading continuations off the 15-minute with my entry model. However,

if that blast straight through with a really heavy bearish candle, we know that the nature of price is that it's probably going to draw lower into another liquidity pool. That's when a drop out to a daily time frame. Look

left. Is there something very close by like a daily low perhaps where now on the 4 hour we're seeing a momentum shift to the downside temporarily because I'm trading indices. We know that over time

trading indices. We know that over time it's going to shift back bullish again.

So, it's having that mindset of okay, what what's likely to happen here? We're

not trading euro dollar. that could be bearish for four months. It's probably

going to be bearish for four weeks. So,

it's looking at maybe a daily low and then marking that, waiting for the 4 hour to tap that, then looking at price, how it reacts to that area, being more aggressive, knowing that if you can buy the S&P 500 at a lower price, you're

going to have much more risk-to-rewards to the upside, especially trading a swing account.

Yes. I want to explore uh qualifying points of interest. So, if we talk about the 4hour low that made the 4-hour high, obviously that's left a demand area. So

in that let's call it an ordinary uh market structure point where it's just trended lower and then started to have the breaker structure and trended higher. So ordinarily lower lows lower

higher. So ordinarily lower lows lower highs and then higher lows higher highs simple market structure. So you're

waiting for that to get induced. It

makes sense to me. What about in the scenario where the entry you've got in which is you've swept the 4hour low and then that's gone on to make a new higher high. So now this one is not just a

high. So now this one is not just a demand area that made a high, it's a demand area that swept to previous low.

Would this now be a weaker zone for you to induce next time or is this uh equally traded? Basically to say

equally traded? Basically to say ordinary points of interest versus inducement related points of interest.

Do you differentiate them on a higher time frame?

Yeah. So I have a technical way of looking at that. So I'll use a rectangle box on a recent 4hour dealing range.

Okay.

So you'd have your highest point, you mark a rectangle down to that last swing, 4hour low.

Okay. And I would only class that as a shift in trend if we have two lower lows beyond that. So even if that lower swept

beyond that. So even if that lower swept recently, price creates another higher high. If price comes back down to that

high. If price comes back down to that low again just once, I'd still treat that equally as a sweep of liquidity because you can see that we have secondary runs in on a 4hour time frame which is really just one run in on a daily

especially in indices because again we know that overall it's a bullish market.

So how bearish can it really be? Even

when we saw the introduction of Trump's tariffs, it dropped significantly, but we were bearish anyway. According to

bearish ranges, it had printed like four or five lower lows on the 4 hour on the SP500 before was it April the 6 or something, introduced the tariffs, and then it dropped 200 points. But we were already selling for two months

beforehand. So, it wasn't a shock to us.

beforehand. So, it wasn't a shock to us.

It was a shock to the mainstream media because they're fear-mongering, but we were already bearish.

And then we wait for it to hit a higher time frame level of liquidity. The

tariffs ended up taking a weekly low and then a 4 hour was an internal 4hour structure shift because the move was 200 points. You couldn't get an external

points. You couldn't get an external range sweep and it was internal playing all the way on on the way up filling the 4hour and daily gaps along the way.

Would you say it's correct for me to say that news is a catalyst for technicals or would you say that news is the driver of price? I would say it's more a

of price? I would say it's more a catalyst because more often than not it will move in the area that liquidity is resting or it will take liquidity and move in the intended direction of the

overall trend anyway.

If you can speculate because I guess no one really knows why is it like that why is um what you may see on a lower time frame in technicals in essence be able to predict what the news release

may be uh and and it's something I've seen a million times also but uh I can't put my finger on why it would be like that. Yeah, I think that's just a matter

that. Yeah, I think that's just a matter of opinion. We don't know who really is

of opinion. We don't know who really is driving the markets. It certainly isn't me and you. I wish it was, but we're not trading that kind of level of capital.

But I guess it's all about risk, right?

The the traders that are the veterans, those that have been trading the longest, they will always put risk first before profit. Whereas the beginner

before profit. Whereas the beginner traders, they're trying to make the profit and they're almost like forgetting about the risk, which is why they lose so much. You know, the gamblers, for example. So, if someone's

got 10 million to put on a position on the SP500 and the market is already bullish, doesn't it make sense for them to collect some liquidity below a nearby low and then continue that trend? The

trend is your friend. The trend is everyone's friend, right? If the

market's been bullish for 10 years, why would you bet against it? And I think it's it's more about protecting risk and capital than anything else. Mhm.

Now that we've kind of understood the framework of what generates an idea for you, I want to explore now execution.

Um, specifically when you are in a portion of a sweep. So you have a higher low that made a higher high. You've come

back all the way down and now you're breaking past it to sweep it. But from a market structure perspective, you actually made a lower low. The previous

higher low that made the higher high is now lower than that. So you've now formed a lower low. So at the point where the market is now forming a lower low, you're actually looking to counter that and say, "No, this is an inducement or a sweep and I'm looking to buy." How

do you uh differentiate between what is a bearish switch and we're going to continue lower versus no, this is a sweep, we're going to continue higher.

It's an inflection point. Basically, how

do you know which one is which?

That's again down to the 4hour dealing range. So if we're in a bullish market,

range. So if we're in a bullish market, we have a dealing range which is bullish. So draw a rectangle on the

bullish. So draw a rectangle on the highest point, trail it back to the nearest 4hour low. If price has broken that low once, class it as a sweep.

And don't class it technically as a breaker structure until that low, the price takes away from it and then creates another new low on the 4 hour, not on any other time frame because if you get a new lower low on a 15-minute,

that's just an extension of the same 4hour sweep.

Mhm.

So you could get a sweep that lasts for three 4 hour candles.

Yeah. It doesn't have to be the first strike. It can accumulate around that.

strike. It can accumulate around that.

Yes. let it accumulate for a day or two and if your 15-minute entry model sets up, keep buying because the higher time frame trend is still on your side.

And uh if it takes then a few days later and takes another 4hour low, you can assume temporarily an indices market that you're going to shift lower.

Okay. Would this philosophy apply to other markets or is this specifically a tendency you notice in indices because they are appreciating asset?

It was the same way I was trading with forex. It's just you don't have the

forex. It's just you don't have the volume there. the volatility is not as

volume there. the volatility is not as high in the forex market as in in the indices market. And also,

indices market. And also, what do you mean by that? In terms of volume, just in terms of how much trading volume's in the market, I just found that if you're looking for a bullish move, it's just not going to ride as long and you just take significant

amount in my experience, significant more amounts of break evens before you got the move.

Again, it comes down to what's more reliable and predictable for me. And I

basically took out my strategy from trading euro US dollar and didn't change a single thing and put it into the German DAX and the SP500. Okay. And all

of a sudden saw a massive increase in my reliability just because I knew overall what am I trading? What's the nature of the beast? With forex, you don't really

the beast? With forex, you don't really know.

It could it could move sideways for 3 months and then be bullish for a week and then automatically shift on a 4 hour, become bearish for two weeks. And

every time I was shifting on the 4 hour, I'm having to sit on my hands. And I got fed up of waiting. I thought, "Oh, my edge will play out in time." But at the same time, you got to make money, right?

You want to make money. So, moving it into a market which is more reliable and tends to be more volume. I may not know the technical reasons why. Probably more

trading volume in that, more money involved in indicy market.

Um, but I just found that reliability is such a key factor. In fact, every single time the 4hour on an indicy such as NQES starts to shift bearish, the first thing

I'm telling myself and my traders is this is not going to last a long time.

So be aware on the 4hour time frame and on the daily time frame, where is the nearest higher time frame liquidity pool? That is the turning point. And

pool? That is the turning point. And

then I call it the golden zone. So let's

say we have a a bullish market like the S&P 500.

Mhm.

4 hours broken the nearby 4hour low.

We're expecting that to be a liquidity sweep, but the next two days it consolidates and it breaks a new low, we're now bearish on the 4 hour, but we're still bullish on the weekly and the daily. Yes. And it's a bullish

the daily. Yes. And it's a bullish index. So, if we then trade lower for

index. So, if we then trade lower for maybe a week or so, and then we see a 4hour shift in the opposing direction, which is either it runs into a daily low and we just get one single break on the

4 hour. I class that as a market

4 hour. I class that as a market structure shift and I'm ready to buy.

Okay. If there's no daily draw on liquidity nearby, I'd need to wait for two higher highs on the 4 hours confirmation.

An internal bullish range.

Yeah, exactly. And I call that the golden zone strictly speaking because I've got confirmation of a change of trend which is now in alignment with the higher time frame and a bullish index.

And the icing on the cake is the fact that I can trade from here and I have a visible target. Yes. And I'd much rather

visible target. Yes. And I'd much rather trade that than in all-time highs because we know the S&P 500 or gold, it can trade into all-time highs for 20 30 points and then completely retrace back into the range again.

When we're speaking about this specific story, I know it's hard to follow because we're using just words, but when you've had a 4hour internal bullish trend, I guess two legs of bullish structure and now we come back to that

previous higher low in that internal range. Are you once again waiting for

range. Are you once again waiting for the sweep of or now because it's an internal range, you just buy only on the 15-minute. I'm only waiting for session based high or lows to to to occur. So if we're bearish on the 4

occur. So if we're bearish on the 4 hour, we run into a daily low and we get one new higher high internally on a 4 hour and then waiting for the this either the same day that that's happened

or the next day for London to take Asia lows to buy or New York to take London or Asia lows in the process and buy there and I'll target the all-time high or the nearest 4hour high.

Okay. Aside because we're talking about liquidity sweeps, aside from a market structure or demand area sweep, what other pools of liquidity are relevant to you? Because we can draw infinite

you? Because we can draw infinite potential pools not only for the entry or directional bias but also you're talking about uh exit points or where you're targeting in terms of not just all-time highs but previous liquidity pools. Uh what is liquidity pools that

pools. Uh what is liquidity pools that you are focusing on?

Liquidity for me in simple terms higher time frame is the most clo the most most recent daily gap. So if yesterday was very impulsive especially after a news

release like NFP FOMC uh course CPI retail sales and it leaves a big gap then I'll look at targeting that or waiting for that to

then trade away from. Same exact concept on the 4 hour. So if we're creating higher highs and higher lows on the 4 hour if there is a gap resting underneath a 4hour low I'll wait for

that price to at least mitigate that.

It's like a double confirmation. It's

taken a 4-hour low. It's also mitigated a a gap. You could call it a fair value gap. I like to just see it as imbalance

gap. I like to just see it as imbalance or inefficiency in price. We know that price likes to become efficient and if there is a gap nearby, it tends to come back and target that. And that could be

used as an entry point as long as you've got your your lower time frame entry model within that, but also as a an exit point as well.

Um, it's different if you're trading futures only because you've got those two things to be aware of. one, you have to close your position by the end of the trading day. So, you can't just say,

trading day. So, you can't just say, "I'm going to target the 4-hour high and go to sleep." Well, you'll be liquidated and you have to go through your evaluation stage again.

Um, and then depending on which firm you're using through experience, it becomes really tough when you've got that trailing draw down.

So, you can no longer then from a target point of your profit taking point of view say, "Right, I'm in the golden zone. This is great. I can hold this for

zone. This is great. I can hold this for three days." No, you've just got to

three days." No, you've just got to target two to one and be out. Otherwise,

you lose the account. So it's a very different risk uh and trade management approach. I

approach. I I spoke to a chap a few days ago and he had a re a recent transition like yourself of he was trading in the CFD side specifically in forex pairs and

then he went to futures uh for probably a similar reason that you wanted to just just to scale up and test himself. Uh we

didn't discuss on camera cuz he wasn't ready to talk about futures yet. off

camera we explored it and he said that fair value gap or gap in efficiency whatever uh is not something he focused on or paid too much attention to in in forex but he said it's basically become

become his key thing in futures or in indexes. Is this something you've

indexes. Is this something you've noticed where fair value gaps or gaps are something a little bit more important in the futures?

I would I would not say I've actually noticed a difference between the two feeds but I am definitely as a trader myself and I'm always evolving. I'm not

sure on what your take on this is but you know me even one or two years ago I trade slightly different now like the key structure is still there 4hour key

driver 4hour trend 4-hour dealing range liquidity trend 15-minute for entry session based external range liquidity holds more uh favor over internal range liquidity that's been the same for four

years but then I'm looking at things like okay nature of price when it breaks an all-time high I might want to trade against the trend and trade into a 4hour

fair value gap. That is something that I am now starting to look at more. 6 12

months ago it was more we'll wait two or three weeks for a market opening gap come Sunday open and then I'm going to trade into that. But then it'd be like well we don't get that for like two to three weeks. Then what we're just

three weeks. Then what we're just targeting for our highs and lows and that's fine. There's plenty of

that's fine. There's plenty of opportunity in the market and we don't need it all. Two or 3% a month and you're laughing with a decent amount of capital. But then I've started to notice

capital. But then I've started to notice in my own trading this last probably eight weeks or so just the value of a daily and especially a 4hour inefficiency in price as a draw on

liquidity. It's just huge. And for an

liquidity. It's just huge. And for an awful long time um I would say if I'm looking at the London session for today and the New York session for today

that's all I really care about. I'm not

interested in what's probably going to happen tomorrow. I'm not interested in

happen tomorrow. I'm not interested in forecasting on a Sunday for the rest of the week. Yes,

the week. Yes, which I used to do for years. I was

taught that way for a number of years.

Like have a watch list of 18 crosses and then do draw all over your chart and then by Monday morning it's like in the bin because the market gapped down or something like oh I've got to do it all over again. Took me three hours to

over again. Took me three hours to analyze on a Sunday. So I don't do that anymore. I spend like 5 10 minutes in

anymore. I spend like 5 10 minutes in the morning looking at what's happened overnight which typically on a 4 hour is not an awful lot. I look at a draw on liquidity like a fair value gap,

imbalance in price on on the 4 hour and look at structure, look at trend across my crosses. What's consolidating I'll

my crosses. What's consolidating I'll toggle off. What's trending and clean

toggle off. What's trending and clean and has a clear higher time frame draw on liquidity I'll keep on uh and that's what I'll trade during my kind of kill

zone which typically is New York open for about 60 to 90 minutes. Just the

last section I want to explore on this uh sweep which is a key pillar of your entire strategy. Uh sweeps can be just

entire strategy. Uh sweeps can be just kind of a few pips or a few points and you know it just shoots 10 pips lower and then and then reverses. Other times

you'll see it sweeps into something as you're mentioning. It sweeps into a gap

you're mentioning. It sweeps into a gap closure or into a lower time frame internal internal structure on the previous high. You know it taps into

previous high. You know it taps into something that you'd expect it to whether it's basically a demand level or order block or a gap. Uh other times it seems unsuspecting. It just sweeps and

seems unsuspecting. It just sweeps and goes. Uh is it for you a requirement

goes. Uh is it for you a requirement that the sweep has to land into something? For example, sweep into a gap

something? For example, sweep into a gap or it just has to be a sweep.

It has to either sweep into a 4hour low or a gap.

If it just sweeps into anything, then it's just noise on the lower time frame.

Uhhuh. That's an important differentiation. Okay.

differentiation. Okay.

And uh now moving on towards the execution. So I I think it's pretty

execution. So I I think it's pretty clear to follow um the framework of the idea generation. How do we go from this

idea generation. How do we go from this is an idea that I can take, perfect A+ setup versus almost there but not valid for me.

Yeah, we've spoken a lot about that higher time frame and looking at choosing what kind of market to trade, the structure of it, whether we're trading into in a bullish 4hour market,

a fair value gap or into a 4-hour low or whether we are targeting that and actually taking a counter higher time frame move and selling into it. The

actual entry model itself is one that a lot of people trade. They just call it different things. I much prefer to trade

different things. I much prefer to trade just off the 15-minute because I'll take typically maybe three or four trades a week versus taking two or three trades a day on a one minute time frame depending

on the trader, right?

And there's just an awful less amount of noise. And if you're looking at a buy

noise. And if you're looking at a buy position, for example, Asia will consolidate a lot of the time uh because of the lack of volume. And if you're

looking for a buy because of your 4hour bias, not because of anything else, because your 4hour bias is what gives you your your direction for the day in my opinion. And then if London continues

my opinion. And then if London continues without taking any liquidity, we know that New York is likely going to come back and take Asia lows.

I'll also look at the initial balance.

And this is something that I've been looking well actually trading for about eight months now where the first hour of Asia there's two ways that you can look at this. So if if you're if you have a

at this. So if if you're if you have a bullish bias anyway and after the first hour of Asia price starts to trade above that's like a confirmation okay price is heading in the direction that I want to

trade even if it's in 5 hours time because New York's not open yet but then when price comes back to mitigate that first hour that initial balance of Asia and which happens to be Asia low.

Yeah.

Got it. Okay.

Yeah. Just that first 60 minutes of Asia. So from midnight till uh 1:00 a.m.

Asia. So from midnight till uh 1:00 a.m.

Right.

Okay. Got it. Yes. Yes. So if it trades back into that zone and happens to take a sessionbased liquidity. So if London takes Asia low, you can take a trade in London. Or if London's continued without

London. Or if London's continued without taking liquidity in Asia, wait for for New York. And New York will typically

New York. And New York will typically take either London or both and mitigate or liquidate the initial balance. It's

like a double-edge double-edged confirmation in terms of 50-minute liquidity. You wait for your retrace

liquidity. You wait for your retrace candle. Make sure that's between 2:30

candle. Make sure that's between 2:30 4:30 UK time. Was that 9:30 till 12:30 Eastern Standard Time? Um and then you're target targeting a minimum 2:1 ideally.

So it's not necessarily following the internal trend post or you know uh let's say London open. It's not just following that. It's waiting for that initial

that. It's waiting for that initial trend to present and then waiting for that sweep once again. So in in all of your setups you'll have a higher time frame sweep and then M15 related sweep.

So it's it's it's a double support in that sense. Yeah.

that sense. Yeah.

And um the entry itself is just waiting for I'll let you describe it. What what

is the exact execution point once you've seen these characteristics?

It's very simply waiting for a bullish 15-minute candle closure if you're looking for a buy and that has to be the sweeping candle and it has to be inside the kill zone.

Okay. And and that bullish closing candle is it does do you look at the pre prior candle for example does it need to engulf the prior candle or is just a bullish close after the sweep inside the

kill kill zone?

If it engulfs the previous candle that it's a sign of volume. So I prefer that.

The only thing with that is sometimes that candle become quite large and then you're like well I can only get like a one so I'm probably going to leave that.

That's a filtering process for me.

That was actually going to be my next question of the very because you're an M15 I'm following very simple princip similar principles to you overall in my analysis. I'll just take it down to an

analysis. I'll just take it down to an M5 or M1 to get that final entry point.

The reason being is because M15 whatever happens on M1 will transgress into M15.

But the difference would I would see is that sometimes I might get a dogey candle. So my M15 might be are you

candle. So my M15 might be are you covering the wick low or the body low.

In futures I'm tighter with my stop right below the entry candle. If I'm

taking a swing position, I'll look left.

Is there something else I can cover because I don't want to be taken out like overnight if I'm going to hold this for a matter of days.

Okay. Regardless, you have let's say a dogey candle which might be this big and that becomes your stop loss size and therefore the riskreward potential or if you get a large engulfing where you just got a larger stop loss and then the riskreward question thing you just mentioned.

Um, so how do you which is not such such a problem or the uh range of potential stop-loss size is narrower when you're trading an M5 or M1 execution? Why

choose to still be on an M15 and have that variance and and how do you decide setup is good, entry is good, risk-to-reward is not worth it. What are

the cut off points on either end? just

candle size and then if if I have a set target, let's say if New York has swept the low and that's my entry and the 15-minute candle's quite large and I've already predetermined when I'm gonna exit. If I'm trading futures, it's going

exit. If I'm trading futures, it's going to be New York highs because it's going to take two or three hours to get there and I'll have to close the position by then anyway. My

hands are tied and a lot of the time I'll close it and then the next day it's continued like another 3%. But you can't do anything about that. That's the

beauty of a CFD swing account or a personal account and that's the draw down to futures. Um, but it swings and roundabouts right?

Yes.

Um, but yeah, it happens. It happened

this week where the SP500 followed my exact outlook from like six hours earlier, but I said to my guys, I'm not taking this cuz the 15-minute candle's just too big and I left two to one on the table,

but I was happy with that cuz I predetermined it.

Yeah. So, is it a cutoff based on basically trying to understand the objectivity of it? Is it a cut off based on points or size of the M15 candle that you're you're entering upon? Or is it a

relationship between whatever that size is plus the target and then a minimum riskreward has to present?

It's all about the riskto-reward.

Okay. So, the question I get a lot is how do you determine your stop-loss size? And I say, well, it's the

size? And I say, well, it's the risk-to-reward that determines the stop-loss size.

Oh, what do you mean by that?

So, like if you get a 15minute retrace candle, bullish candle, you're looking for a buy. You put your risk-toreward tool on there. you've already

predetermined your takerit, which on a swing could be a 4 hour high, or it could be just the highs of the day on the New York high if you can only get like a 1.2 to one. Well, what are you going to do with your stop loss? Are you

going to stop crop it? Uh, which I will do on an after a news release. Have you

heard of stop cropping?

It sounds like uh you're maneuvering your stop loss based on what the riskreward you want as opposed to a objective predetermined invalidation point.

Yeah. So if you get like an NFP for example, hypothetically speaking, that runs into the area of liquidity that you want to trade in and then 30 minutes later New York opens, but the NFP candle has quite a large tail wick.

Okay?

You you place your stop loss inside of that wick, not cover the whole thing.

Why? Because if it's an inducing move, we call it, especially if it's fundamentally driven, and the technicals align with what that news release has liqufied or liquidated,

we know that that low, some people will call it protected low. It's not likely going to come that low. And if I am going to be able to get an extra two to one out of that position, great. If I'm

wrong on the trade idea, I'm still only going to lose 1%. So, I may as well stop cropping it. And I'll only do that

cropping it. And I'll only do that within like an hour after a news release. But typically, you don't get

release. But typically, you don't get those large wicks. So, I just cover below that candle. And then my risk-to-reward will determine my stop-loss size or whether I'll take the

trade or not. Typically like a 1.5 to one on futures, but 2:1 minimum on CFD.

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the best discount using the link in the description or code toot for titans of tomorrow. Just exploring this because I

tomorrow. Just exploring this because I haven't heard it before but I can see the wisdom behind it. But you know you'll have uh just probabilities of sometimes it has that protected low.

It's a impactful sweep and price never comes back and and that's when I wouldn't even get in the trade cuz I'm waiting for an M1 M5 entry model and you're just like M15 candle closure get in because it's ready to take off which

it should after such a sweep. But then

on other times you will see it come back all the way to like basically that protected low uh two pips shy and then go on to make the new higher high and and both examples do exist probably like

a bell curve I guess. Um, at what point when you are cropping the stop loss, are you looking at M1 as some sort of M1 protected low or is it just 50% of the wick, what is you, how do you find

clarity and how to crop the stop?

That's all down to the entry candlesters again. So, if we use that particular

again. So, if we use that particular example, let's say you've had a news release that's created one or two very large bearish candles that have run into a 4hour low or a 4hour gap

inside. Well, usually that's around 1:30

inside. Well, usually that's around 1:30 UK time. So, I'm not trading for another

UK time. So, I'm not trading for another hour. Okay. Yes.

hour. Okay. Yes.

So you've got two to three 15minute candles after that which usually are very small because like the volume of the news release has occurred in that big candle. Then there tends to be kind

big candle. Then there tends to be kind of a dry down or a lack of commitment after that which is also for me nature of price I call it. This could be a sign

of a rever of a reversal because if that news release had pushed into the intended direction of the trend, it would have continued for another three, four, five bearish full volume candles,

but it was one candle, then it stopped and tends to have a tail wick.

So then I'm not getting involved for another two to three 15-minute candles anyway. And if the 15-minute candle of

anyway. And if the 15-minute candle of New York open is the first one I have, I've got an idea in mind that a trade I took about three weeks ago, I'll just put my stop below that candle. the entry

candle. So if you've got a wick over here, which is the news, and the entry candle is here, you're cropping the news wick, but not the wick of the candle you're entering from.

Interesting. And what is your philosophy now on trade management specifically? I

guess you have a hard target predetermined, no partials in between.

No.

Okay. And uh will you leave a runner? I

guess in future is not an option, but in general, is it Yeah, explore to me. Is it just hard uh TP level or is there any other scenarios that you might explore in different cases?

There's three management strategies in terms of how to manage a trade that's running. First of all, we'll cover

running. First of all, we'll cover futures because again depending on the futures firm that you've got, you've got different cutoff times. Some of them you've got to close the trade by the end of the trading day, the actual end of

the trading day. Some is a few hours earlier or you're penalized. So, you've

got to lock in that profit. If you've

got trailing draw down, you want to move your stop to break even maybe into profit much sooner because you can easily even on a 15minute have a trade run one to one come all the way back to your entry point. You've already lost

like $1,000 in draw down. You've only

got $500 left and even if that trade then goes and hits your TP, you could be taken out.

So sometimes, yeah, it's wild. Sometimes

I'll just cut it short because I'm not liking how reactive and how aggressive a retrace is. So that's again one of the

retrace is. So that's again one of the downsides to it. If I'm trading a CFD firm and I'm looking at targeting a 4hour, let's say an internal 4hour structure, which means you've got an all-time high up here, you've had a

bearish move and you're buying from here.

I would then just target I would move my stops to break even above 2:1, but then I would just have a hard TP and I won't lock in anything. So I might take a few more break evens in that scenario, but usually if I'm right based

on higher time frame liquidity and timing, you can ride a good four, five to one.

That covers the break evens basically.

Yeah, if I'm external range, so all-time high, that's when I'd trail my 15-minute below every 15-minute swing. Because if

you are external range trading in a bullish index, in a bullish market, all-time highs, that could last a day and come straight back into the range, fair enough. But if it continues, it can

fair enough. But if it continues, it can continue for two, three weeks.

And instead of just having a hard TP at a 3:1, you could lock in a six, seven to one. It happens less often, but in that

one. It happens less often, but in that scenario, I would trail my 15-minute stop-loss.

I want to explore the the specifically the futures firms because now I'm thinking you might have a one to two risk-reward predetermined and it plays out, but because of the trailing the

type of retracement, you you can run into problems. So you have to now factor in what kind of a reaction I get after my entry because if it goes direct easy

days but then if it's now just creating a healthy internal price action bullish at some point it might go too much into trading draw down and let's say you know have to cut it because of the price action you're getting after the entry

you might now a winning trade that could have been a one to two you got cut out at 1:1 uh for the rules that you have does that now now spill over into just your whole edge is now all over the place and the win rate that you have is

supported by the risk reward you often get but now if your riskreward is cropped that win rate maybe no longer supports like you enter a lot of problems domino effect how do you navigate all of these things specifically with futures firms

yeah so in my in my experience with trading futures there's definitely some draw downs in terms of there's definitely heightened anxiety around if you've got trailing draw down but there are futures firms that have an end of

day balance which is much more favorable and I'm looking into those as well um because that's more in alignment with how I would trade anyway I'm I'm not the kind of guy to scalp and I won't want to take one to ones because then you got to

have an incredible risk uh win rate, right? So that will just eat into your

right? So that will just eat into your anxiety. And I think with trading, I've

anxiety. And I think with trading, I've been trading for 10 years, nearly 11 years now. One of the biggest things is

years now. One of the biggest things is to how can I reduce first of all my screen time and not be here for very long and do other things? And two, how

can I reduce my anxiety? So either trade a smaller position size, have a a larger risk-to-reward so you're not having to have as much of a bigger win rate. So

yeah, trying to avoid the the futures prop firms that have a trailing draw draw down especially for beginners I think is healthy because if you're yeah it's going to eat into your results long

term.

Uh exploring this word of uh anxiety and a very well doumented thing that many guests have spoken about including yourself which you are doing now is uh have other source of income or have other things going on have a life

outside the markets. All of these things will support you in your trading because the more outcome you chase in the markets, the harder it becomes. Your

emotions get amplified. If you need it to pay rent and if you're obsessed with the markets, you're in front of the screen 24 hours, you're going to take erratic and irrational decisions just by

being human. Um, I want to go back to

being human. Um, I want to go back to the time when COVID hit and you had the opposite of what you have now, what others preach, which is your back is against the wall and you had no no other

option and you had bills to pay for. How

did you navigate trading and also the emotions of trading with the situation you were in?

Yeah, so I think it was a matter of timing as well as just impact and and what had happened. It was quite of a pivotal moment in my professional career where I was around five to six years

into my trading journey and I was probably more a hobbyist. I wasn't

really taking it all that seriously, but that's because the focus that I had was on the small fitness business that I had. And I I was running that for at the

had. And I I was running that for at the time about 8 years in. And that was paying all the bills. I wanted more out of life. I'm very entrepreneurial, which

of life. I'm very entrepreneurial, which tends to be those people that aren't very academic, tend to be more graphs.

And I'm definitely one of those.

Um, didn't want to be like the family let down. I kind of already knew I was

let down. I kind of already knew I was because I didn't go to university like my brother did. I didn't follow in the footsteps, you know. I was very much D-grade student. I got a brother that's

D-grade student. I got a brother that's a star. Everything everything he touches

a star. Everything everything he touches is gold.

And you're younger brother.

I was always in the shadow. Yeah. I was

I'm the younger brother as well. So it's

like, well, when are you going to do something? And so I was like, well, I'm

something? And so I was like, well, I'm going to take risks. Oh, that's even worse. So I had a lot of outside

worse. So I had a lot of outside pressure involved. And to have a fitness

pressure involved. And to have a fitness business rug pulled because of COVID being told to close when the supermarket's open and you can rub shoulders with a thousand people

where a gym that could be on a timer five people per hour and you could have 10 I could have done social distancing 10 meters per person. I had a big unit.

Nope. Not allowed to open. And if gyms were opening, you get a 20,000 fine. And

if you were doing that Oh, wow. That's brutal.

Oh, wow. That's brutal.

Yeah, it's crazy.

And more importantly, you had uh rent to still pay. You still had your cast

still pay. You still had your cast staffing and so forth, but no members or or reduced members. That's, you know.

Yeah. So, we didn't really know what was going on at the time. No one really did.

It was like, there's this thing called COVID and we're going to have to shut down. We're going to go on lockdown. And

down. We're going to go on lockdown. And

I was saying to my staff, well, this will probably only last a couple of weeks and it'll blow over. Don't worry

about it. I was always the optimist. And

one thing I said to my my team, I was employing 10 people at the time. I said,

"Whatever happens, I'm going to continue to pay you." A few of them left because they saw opportunity in online coaching.

and I respect that. I was probably a bit annoyed at the time because a lot of my customers followed them.

Um, but I did have a really loyal fan base, membership base that would support me. I went from 700 members down to

me. I went from 700 members down to about 100 150 paying members, but my overheads, like you say, were exactly the same. To make matters worse, I'd

the same. To make matters worse, I'd just come to the end of a 10-year lease on the building.

So, I was put under pressure to not only Yeah. a price increase as well. It's

Yeah. a price increase as well. It's

only upwards. So, I was paying an additional 1,000 a month going forward.

And that was during first lockdown when we didn't know when we were coming out of lockdown. Business was hemorrhaging

of lockdown. Business was hemorrhaging money at that point, dipping into savings to survive. And I had to enter another 10-year lease in uncertainty.

I was like, well, my back's against the wall here. Plus, my partner had just

wall here. Plus, my partner had just given birth to our third child. So, we

had a baby at home. We had two of the children off school cuz schools are closed and I'm at the gym working 12 hours a day for no profit.

So I was like, well, I'm going to have to take care of my business first so I can pay the bills so I can look after my family. But my back's against the wall.

family. But my back's against the wall.

So I was getting up at like 5:00 in the morning, back testing for 2 hours, then going to the gym, working at the gym, trying to trade the London New York session, probably forcing a lot of the time, but really like trying to stay as

disciplined as possible.

And then at the end of the day, putting the kids to bed, more back testing till like midnight. And that was causing a

like midnight. And that was causing a lot of friction in the house as well.

Like my partner was like, "When are you going to spend some time with me?" And

I'm like, "Well, you know, we don't want to lose the house. You we don't know what's going to happen." So it was definitely a case of my back was against the wall. I had to make it happen. But

the wall. I had to make it happen. But

it was also lucky in my case because I was already a break even trade. If that

had happened three, four years earlier, I don't think it would have worked because I was too early in my stage. I

was still finding my feet. Whereas I had strategy, I just needed to focus on it.

And it was a it was a trans transition from being a gym owner that sometimes traded to then a trader that also happens to have a gym. Mhm.

And it was that mindset shift and the fact that I put trading first that really pushed things forward. And I

always had mentors. Some were good and some not so good, but I put all put them as part of my journey. I had mentors in my fitness business as well. And I

always feel like having someone that's doing better than you in whatever space you're in, you're going to benefit just like I had personal trainers helping people to lose weight. The people that didn't have personal trainers, 99% of

them, they never lost any weight. They

look the same. even if they would come in five times a week, they would never look any different.

So, it's, you know, it's about um timing for me and going from break even trader to actually starting to make money. And

it opened my eyes and I was having to then think, right, do I want to go all in on trading and it basically made me feel like I'm not even in control of this business myself because the

government can just turn it off.

Yeah, I agree. So, I was like, I now have very little faith in this kind of small business model that I had ran at that stage for 10 years. That two-year

period of in and out of lockdown hemorrhaging money, it was it was terrible. But I was looking to find a

terrible. But I was looking to find a buyer to exit. And I'm very fortunate that I found someone to buy it rather than just closing it down.

Um, because it had potential. We had

track record. It was a very thriving business, not at the time that I sold it. So that's why I'm saying I'm lucky.

it. So that's why I'm saying I'm lucky.

I sold it rather than handing it over.

But they saw that potential and I actually sold it to the the world's largest fitness franchise.

Oh, nice. Cool.

So, and that's still open today. It's

thriving. And and I guess this uh that amount that you sold it for, was this just to pay off the hemorrhaging situation uh or deferred salaries and so forth, or was this now a relief pot that

is like, okay, now the house situation and and kids and all of this is now calm and alleviated some stress in your trading.

Yeah, it definitely wasn't an amount to retire on, that's for sure. But it paid off any business debt that I had to do as part of that transaction anyway. We

had to clear all of the business debt and there wasn't much of it luckily because we'd run a very safe ship, you know, for that amount of time. But there

was a small amount of debt in lockdowns that we just dug into. In fact, for 10 years, I never had a business overdraft until COVID hit. And I'm like, can I have an overdraft because I don't know what's going to happen. So, we paid that off.

Plus, we have some obviously tax to pay on that, paying legal fees, accountancy fees. There wasn't much left, but it

fees. There wasn't much left, but it left some pot to be able to live on while then I was producing income from my trading. And that's where things

my trading. And that's where things really accelerated.

Yeah, I I think that's an interesting concept of just a lot of people talk about before you go from whatever 9 to5 you may have to full-time training, you have to have the safety part of X amount

of months of run rate typically or in your situation, what what is that healthy amount of run rate to give yourself where if you say like two years run rate, well, it might take forever to get to that point versus if you do it too short, it's too much stress.

I would say two years. Two, about two and a half, three years is what I had as a pot.

Okay. cuz you you had ample time to figure it out.

I did, but I also had three mouse to feed.

Yes.

You got to look at your situation. If

you live on your own and you're with your mom and dad, you probably don't need a pot at all.

You just need very supportive family.

Maybe give them a hundred $100 a month to keep you there. Pay for your own food or something like that. But when you've got a mortgage, you've got three children, uh you've got utilities,

insuranceances, food, bills, it's a big responsibility, right? Um, and we also

responsibility, right? Um, and we also used some of that money to invest in the property because we actually moved house at the same time.

Oh, everything at once, man.

So, we sold the business. Okay.

I went all in on trading. We moved

house. We bought a house that would not been lived in for 3 years. We gutted it.

We completely renovated the house from top to bottom during lockdown or around that time.

Uh, just after lockdown, 2022. We had a baby. So, we had three children at that

baby. So, we had three children at that stage.

But we had long-term vision. We're like,

this house is going to pay for itself with one hire uh a month. And we're now hiring one or two days a week on average throughout the year.

What does that mean? Like as an Airbnb or No, like household brands will come in and use it as a shoot. So most websites like household names house. Okay. Yeah.

Yeah. So it's it's for photo shoot.

Oh, there's our fireplace. There's our

bedroom on a website or sometimes on a television advert. And you'll just kind

television advert. And you'll just kind of notice that it's ours and it's a great business to have because you only need a few.

It's difficult. You got to t you got to keep the house immaculate.

But we're like that anyway. Especially

with four children. You leave it for 30 minutes and it's a mess. But if you keep it tidy, we have to move out. Of course,

there's costs associated. So we we're either moving with family or an Airbnb.

We kind of have a bit of a holiday. I

continue to work cuz I can work wherever my laptop is.

Yes.

And then we'll come back a few days later. And that's partly what my

later. And that's partly what my business does. She's a content creator.

business does. She's a content creator.

She will uh she's almost like a a brand designer.

She rents the house out. And now she has her own furniture brand. see what you mean by turning uh your house into an asset that you live in. I mean, which ordinarily it isn't cuz it's not yielding anything. That's beautiful. I

yielding anything. That's beautiful. I

want to speak about your prof journey specifically this year. So, you've

obvious in the CFD side, not necessarily the futures one yet. Uh you've taken on a challenge uh for for relatability to to people that are watching, but also um financially it's not something you can

ignore. 250K in a year is is is very

ignore. 250K in a year is is is very significant. walk me through that

significant. walk me through that journey uh to go from let's say your first couple of evals to now you know a year later or whatever with multiple six figures in payouts what did you have to go through and learn and and maybe

certain insights yeah so I I kind of saw it also as a test like because it is a test right it's not easy to pass an evaluation if

you are looking at a CFD firm they're usually two phases typically 8 to 10% profit target on the first one and then

5 to 8% on a second phase and one of the first firms I used was funded next. It's

a it's a it's a two-phase. Then I

eventually moved into the Stella onestep which I believe is around 10% just one phase. Uh and that was great. So taking

phase. Uh and that was great. So taking

like two or three payout from a 50k account. So you're looking at four four

account. So you're looking at four four to six% on a payout is very good. And

then reinvest some of that into more challenges. And it got into the stage

challenges. And it got into the stage where I'd buy two challenges and I'd alternate it. So I'd either trade the

alternate it. So I'd either trade the same asset and alternate trades per account because one will do better and take the wins and one will do not as good and go into draw down.

So I'm just utilizing prop firm accounts as tools. I'm not putting it on a

as tools. I'm not putting it on a pedestal and something that I did way back in my early journey and I see a lot of traders still doing it now. They'll,

and I understand because sometimes it can be a lot of money. But if you buy one prop firm account, it's like you really don't want to lose it because it's like this is like make it or break

it this one account and they could go three months on a challenge and they they're fearful of risking 1% or they will miss out on an opportunity for a trade that they waited days for because

they don't want it to be a loss, especially if they're in draw down.

Whereas I'm like, well, look at it as like a if you're an electrician or a plumber, you don't just have one tool.

You have like three or four wrenches, a whole kit of screwdrivers.

They all do the same job. If one wears out, throw it in the bin, you got another one straight away. You've got to make sure that you're only investing what you can afford to lose from. So,

everyone's different from that standpoint, but it's a case of buy multiple accounts and then alternate them. So again, if you're trading one

them. So again, if you're trading one asset, so if you're only trading ES, buy two challenges and alternate your trades between the two accounts. I was doing that for a while and then I'd implement

another asset. So I'd trade the German

another asset. So I'd trade the German DAX on one only and then ES or S&P 500 on another one. And then I'm just trading them both. One will pass, one will take a little bit longer or maybe

go into slight draw down. And I started to accumulate accounts quicker than I expected. It took me about 2 to 3 months

expected. It took me about 2 to 3 months to get any kind of allocation. But then

as soon as I had it, it was like trading live with another evaluation and then trading two live with another evaluation. Just constantly keep it

evaluation. Just constantly keep it going. Look at it as like a production

going. Look at it as like a production line.

Yes. Yes.

Um were you doing it manually or some sort of copy trader?

No, manually. I've never I've not used a copy trader until very recently. Uh

always trading them manually. Uh kind of one one account at a time and then on an account rotation. So when I had

account rotation. So when I had allocation with FTMO and Funded Next and Fun Pro, a few others as well, Alpha Capital, Aquafund, tried them as well

and I'd be on rotation and you know, one day I'd be like, "Right, I'm going to trade a live account and aim to make some money today because the markets are looking fire, right? This is looking good. This is prime. I want to be

good. This is prime. I want to be aggressive. It's time to make some

aggressive. It's time to make some money." And then the next day I'd

money." And then the next day I'd alternate that, you know, part that payout, whether it's an instant day crypto payout from Fun Pro Abook model.

Whereas if you got a funded next or an FTMO, you're waiting 40 14 days for a payout and then you're you're trading an evaluation during that process. And it

got to a point where I'd passed millions in allocation and it's a case of I can pick and choose what I'm trading. But I

didn't want to put all my eggs in one basket, which is why I didn't use a copy trader. Whereas

trader. Whereas I see. Yes. Now with the futures space,

I see. Yes. Now with the futures space, it this is that transition because okay, I made 250k in payouts in 12 months and that's great and I could probably do

that again next year, but to make more, it's not a case of being a better trader because making 5% a month on average through the year is fantastic. 50 60% a year, you're an

fantastic. 50 60% a year, you're an incredible trader, right? You're in that top 1% bracket. And I'm I'm a realist.

I'm not expecting to make 150% next year. So it's just a game of scaling

year. So it's just a game of scaling capital like you say. So that's the one great thing with futures is that you buy five or six trade of eight accounts. You

link them together and you typically are on a one phase. So

it's lower entry. You've got a 6% profit target versus 25% over two phases and the cost is also quite lower but you've got to be more rigid because

you're closing at the end of the day.

Yes. Yes. No an interesting exploration.

Uh I want to speak about the prop firm journey specifically because obviously each one has its own rules in the CFD side. Everyone has its little no weekend

side. Everyone has its little no weekend no news this that and the other and then payout restrictions in terms of time and then reduce risk and so forth. Anything

that you'd like to share with the viewers in terms of uh because I think everyone has their favorites and usually that favorite is I tried it once had a good experience I'll stick with it and people don't often then pivot to explore because there's a long list of problems

you can try. Uh, what are certain firms you've worked with that have just been like, I get what I pay for. This is this is something I I would continue to use.

Yeah, I mean, definitely Funded Next have been incredible. I'm I'm about $88,000 in lifetime payouts from them.

And that's just from a 12-month period.

And there's not been one point where they've said, "Hold on a minute. We're

going to look at your trading strategy or we're not too sure if we're going to pay you out on that." Um, they've not had to ask me to jump on an interview and me to prove that I can use MT4, MT5

or something like that, which I understand. and it's their risk

understand. and it's their risk protocol. Some firms do that, but I've

protocol. Some firms do that, but I've never had any problems with that.

And there are other firms like Fun Pro who are, I would say, more expensive on the challenge front and more difficult to pass because you've got consistency

rules on the phases and larger targets.

I think they've changed recently.

But then once you're live, there's no consistency rule. It's a book model.

consistency rule. It's a book model.

They want you to win and they pay you the same day if you're withdrawing crypto.

That's powerful.

Which is really good. Yeah. So, it's

like it's definitely a trade-off in the crypto spa uh sorry, crypto space. In

the prop firm space, it's definitely a trade-off in the in the prop firm space because it's either lower entry in terms of cost or easy to pass but more difficult to get a payout.

Yes. Which sounds worse to me.

Yeah. Or just trade for two or three months conservatively and then the gates open and it's much easier to get a payout. I finally have a special offer

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scale, uh capital will do the heavy lifting. Um what is your now experience

lifting. Um what is your now experience with any personal capital or funneling these significant payouts? Are you

funneling it into a just reinvestment into more challenges or now diversification in terms of business or still maintaining personal capital?

I've got a diversification. So I'll I'll use some for personal pleasure. I'll use

some for long-term investments, pension pots, children fund.

I'll use some into reinvestment into more challenges to keep the allocation going. And then fourthly, but not

going. And then fourthly, but not lastly, is back into another personal capital pot. So in the next three to six

capital pot. So in the next three to six months, I'll see myself starting to trade personal capital once more again as an end goal because it's like running the small fitness business that I had for a decade. Everything is running

smoothly, feeling like me as the owner of the business, I have I'm in control of the reigns. Well, no, the government is in in control and they can pull the rug and and tell you to close and

there's nothing you can do about it.

I've traded prop firms that have denied me payouts and I feel wronged and I traded for two to three months and work really hard and traded like a really dis disciplined trader but then they have

control to say no I'm not going to pay you out or the prop firm just goes bust.

So I've always got that long-term perspective that it's a great tool now and I'm still an advocate of prop firms. I think they're incredible. I'm still

using them every single day. But you've

got to look two, three, five, 10 years down the line. utilize the tool now while it's here, while it's hot in terms of before they start to make their rules even firmer because I feel it's going

that way to protect themselves because yeah, there are more people in the trading space, but traders are becoming more profitable. So, what's that h

more profitable. So, what's that h what's happening to the prop firm space?

They're starting to lose money. So,

they're going to have to make their rules a lot firmer.

So, going back to nothing beats personal capital. So, I've been through this

capital. So, I've been through this journey uh and I kind of proven to myself more than anything else that I can make it work. And from a an ROI point of view, I've certainly not spent

$250,000 on prop firm challenges. That's

for sure. Maybe more like $20,000 in in a year.

So, if you look at it as a riskreward in that sense, 10 1 to 10 is sick.

Huge, right? Any investment in a year to pay you that, you'd snap that hand off.

Yes.

But it's time now to start growing that personal capital part again and take control over my own capital. I want to explore this idea of because you are trading and appre appreciating indexes.

Uh you can obviously day trade it or swing trade it and and generate an alpha between your own competence as a as a trader and analyst versus what the S&P or whatever it would do maybe 10% a

year, let's say. Uh so that's your earned or active income. Have you

considered just putting it in and just buy and hold uh to kind of be an hedge if you have a losing period or at least at least you capitalize on the upside just through investing and maybe a psychological relief. Is that anything

psychological relief. Is that anything you're doing or exploring?

It's something I wish I did during the tariffs.

It's exactly what I did which is why I asked it. It's just been the best thing

asked it. It's just been the best thing for my trading because because I was generating it's a miracle man. and you just it just v

miracle man. and you just it just v recovery and had to do nothing apart from buy at a at the right time. Uh but

then it's just given me relief elsewhere uh and and not needing to chase the market and so forth.

Abs. I think it's a great idea and I I'm I'm constantly on a learning cycle. Me

myself, I'm not the best trader right now that I will ever be. And and that's uh an ethos that I've encompassed into my own trading ever since I had my back

against the wall. even calling my education firm evolution because I knew that I would always evolve in life as a person, as a father, as a trader. So in

five years time from now, I don't want to be trading the same way as I do now because I want to be better. So

something's going to have to change and I can't control the markets, but I can control how much capital I trade and how fine-tuned and how switched on and how much knowledge I have. So being able to

network with other traders like yourself and just time on the markets, you can't beat it. Back testing teaches you some,

beat it. Back testing teaches you some, but live trading is really unbeatable.

So yeah, looking at trading indexes for a long run and at how speculative it is and usually when the mainstream media saying the stock market is crashing is usually when the switched on traders are buying.

Mhm.

And I wanted to start doing more of that.

Let's explore this word. Um because

we're talking about market experience and and how through the experience you patterns come up or tendencies come up or you learn more about yourself as an individual, how you react in certain moments and you build that muscle. Um

but that can also transgress intowards intuition and then intuition based trading where the plan says X I will still do Y because my intuition or gut feeling. Is that something you would use

feeling. Is that something you would use deploy intuition reading between the lines or what is that place of market experience versus just a rigid mechanical plan?

Yeah, I've been through a journey where I try to make a strategy 100% mechanical and it works very well when the market conditions are there.

As soon as the market conditions change, that's yeah, it's so it's like it's almost like separate a 4hour structure analysis and a 15minut

time frame entry model. If the 4hour structure is in a good place for that 15-minute entry model to work, it's great. It's an alignment. But if you are

great. It's an alignment. But if you are in a different 4hour structure market or if it's a consolidation versus a trend, you can't plug and play the same 15-minute entry model into that market because you're going to lose.

So that's where the mechanics are great in more the the structure and the overall trade building and the entry model itself, but to put it all together, there's got to be some intuition involved, some discretion.

It's looking at, okay, we broke alltime highs. Yeah, but how have you broken

highs. Yeah, but how have you broken alltime highs? Did we break all-time

alltime highs? Did we break all-time highs yesterday in impulse and have continued and are now looking to take liquidity and continue? Or did it break and within the same 4hour candle retrace and close bearish back inside the range?

You can't then plug in that same 15-minute entry model because there's two different higher time frame structure behaviors there.

So, yeah, there's certain things you can teach and there's certain things that you can mechanicalize, but there's always going to have to be some discretion involved. And then you've got

discretion involved. And then you've got fundamentals that plug in there as well.

Like what fundamentals are this week?

Like Monday, Tuesday, this week, markets didn't really do anything because there was no fundamentals. Soon as Wednesday came about, the markets came alive again because there's fundamentals there to drive more volume.

Yes. As we wrap up the episode, I've really enjoyed it so far. I want to give you an open mic to explore advice for young traders in their 1 to threeyear mark, especially because you've had a very relatable story back against the

wall, had to make it work out and so forth. Uh any lasting piece of advice

forth. Uh any lasting piece of advice you'd like to share with them? I would

say if you're uh early in your journey, if you are aspiring to be a trader, if you're kind of in that losing phase or if you're in that break even stage right now, just try and simplify it as much as

possible. Instead of having a watch list

possible. Instead of having a watch list of like 24 blinkers on the side of Trading View, just narrow it down to one or two.

Uh try and filter your time frame so you've not got everything from a weekly right down to a one minute and everything in between at the top of Trading View chart. Try to look at one higher time frame and one lower time

frame. by lower time frame you could be

frame. by lower time frame you could be a 30 minute it could be a 15 minute um focus on trend you don't necessarily have to focus on liquidity because that's subjective but focus on trend so

trending asset should be so look at indices if you wanted to I'd see it as more reliable and then look at trends and only trade with the trend it's something that I would I would teach

kind of anyone that looking to get advice from me okay I'm selling in a bullish market but I've experienced that I want you to look at only buying in a bullish market And the time will come for you to start hedging against that

because that comes with experience.

And everyone says this, right, is focus on the knowledge and not the money first. But we we don't listen. I was the

first. But we we don't listen. I was the same like focus on the money first. So

don't buy a prop firm challenge if you're not ready yet. And the biggest indication of whether you're ready yet is not necessarily back testing results, but how confident you are in a live market. Like open up a small personal

market. Like open up a small personal account with even a $100. Don't put lots of money in straight away, but just prove to yourself that you can stick to your rules. And if you can stick to your

your rules. And if you can stick to your rules on a $100 personal account for, let's say, two, three months, then you've got discipline and patience as well as strategy to be able to plug and play that into a prop firm account

and then trade that on an account that doesn't have trailing draw down.

There we go.

Scott, a wicked episode. I really

enjoyed it. Thank you very much for being here. Thanks for having me on.

being here. Thanks for having me on.

Amazing, man. Whom?

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