Full transcript
| Intro
0:00Hi guys, welcome to another trend line
0:01trading video. I am super excited about
0:04today. So I'm going to be breaking down
0:06an entire a toz master class of how to
0:09trade trend lines. But before we get
0:10into the charts, I want to introduce
0:12myself and [music] set the tone for this
0:14master class. My name is Tori and I have
0:15been trading trend lines for 10 years
0:17now. I learned [music] a trading
0:18strategy from a family member and I have
0:20been able to generate $500,000 in
0:23trading profits. [music] One thing that
0:24kind of sets me apart from the rest of
0:26the industry is I showcase every single
0:28trade that I place. [music] I post
0:30broker statements. I do entire trade
0:32breakdowns just so that you know
0:33everything I'm doing is transparent and
0:35authentic. I have a community of traders
0:37that I've taught [music] this strategy
0:38to who have been able to gain success in
0:40the markets. I have thousands of
0:42community members. My approach to the
0:43markets are also fairly unconventional
0:46because it is incredibly simple. I'm not
0:48interested in complicating the process,
0:49[music] trying to utilize indicators or
0:52pull information from places that I do
0:55not need. I need the bare bones to get
0:56me into a trade and out of a trade. So,
0:58what I focus on is a simple approach,
1:00[music] clean charts, clear structure,
1:03and that's where I've seen the most
1:04success. Trendline trading is one of the
1:05styles [music] that, if you can use it
1:07properly, can give you a serious edge in
1:09the markets. It's simple and effective
1:11and easy to replicate [music] time and
1:12time again. This master class is not
1:14just a quick how-to. This is a full
1:16breakdown from [music] A to Z. If you're
1:18a beginner, you'll be able to pick up
1:20trading after this video, or if you're
1:22already experienced, you'll be able to
1:23sharpen your edge. I have designed
1:24[music] this to be something that you
1:25can actually follow, learn, and apply.
1:27Also, in this video, I'm going to walk
1:29you through my exact strategies that I
1:30use every day in the live markets.
| Setting Expectations
1:32Before we get into this, I want to set
1:34the realistic expectations that you need
1:36to have. One of the biggest reasons that
1:37traders struggle is because they have
1:39this unrealistic expectation that
1:40they're going to get rich overnight.
1:42they're going to make thousands after
1:43watching one singular video. And that's
1:45just simply [music] not the case. In
1:47reality, trading is a skill that takes
1:49time to master. You have to treat it
1:50just like a profession. It takes
1:51patience, commitment, consistency, even
1:54when you don't see the results [music]
1:55right away. I have been able to generate
1:56consistency and half a million in
1:58trading profits. But I didn't think it
2:00was going to happen overnight. I gave
2:01myself time. I treated this just like a
2:03career. I put the years in to perfect
2:05[music] it. I followed a process and I
2:07simplified things. But I allowed myself
2:09grace when I didn't see instant results.
2:11So, no, this is not easy money, but it
2:13is possible if done correctly. If you're
2:15willing to commit to the process, stay
2:17disciplined, and learn a strategy that
2:18is built for longevity, you are in the
2:20right place. This strategy that I'm
2:22going to walk you through in this master
2:23class is the exact strategy that I use
2:25in the live markets. It's structured,
2:27it's simple, and it works if you do.
2:29Let's get into it. First, let's go over
| The Basics of Trading
2:31the basics of trading and how you can
2:32make money in the markets. But if you're
2:34more experienced or already know this,
2:35we have timestamps in the description
2:37below to where you can skip to the
2:38section that's more relevant to you.
2:40Trading at its core is the process of
2:42buying and selling assets. It's a simple
2:44idea, but it requires skill and strategy
2:46to do it consistently. Okay, I'm going
2:48to give you some analogies to help you
2:49understand it better. Think of trading
2:50like buying something at a discount and
2:52then later selling it for a higher
2:53price. The classic buy low, sell high
2:55concept. For example, imagine that you
2:57buy a vintage comic book for $10 because
3:00you believe the value of it's going to
3:01go up. If you sell it later for $15,
3:04you've made a $5 profit. That is
3:05essentially trading. Doing that over and
3:08over and over again. Trading works with
3:09the same principle, but it's with assets
3:11like stocks, futures, forex, and crypto.
3:14So, the key here is understanding the
3:16optimum time to buy and the optimum time
3:18to sell. And that's when analysis and
3:20strategy comes into play. Now, one
3:21important thing to remember here is you
3:23can make money when the markets go up or
3:25go down. Most people think that you can
3:27only profit when the price is rising,
3:28but that's not true. In trading, you can
3:30also profit from falling markets. Think
3:32of it like selling high, buying low.
3:34This is called short selling. So, this
3:35is essentially you selling an asset
3:37before you own it and then buying it
3:39back. But we'll go over more of this
3:40concept later in the video. So, whether
3:41the price is going up or down, there's
3:43always an opportunity to make profits
3:45from the market as long as you know what
3:46you're doing. That's the real benefit of
3:48trading. So, in this master class,
3:49you'll learn how to spot these
3:50opportunities so that you can enter and
3:52exit trades with confidence no matter
3:54which way the market is moving. Before
3:55we get into trend lines, it is important
3:56to understand the super basics,
3:58candlesticks. If you can appreciate a
| Candlesticks
4:00little bit of history and you're fairly
4:02a nerd when it comes to trading, you'll
4:04appreciate the history of the
4:05candlestick. Candlesticks were
4:06originally developed in Japan by rice
4:08traders to track price movement. But
4:10today, we use the same method to track
4:12different assets because it's so
4:13effective. All right, let's get into
4:14candlesticks. So, what I'm going to do
4:16is draw two candlesticks here to show
4:17you the basics of each one. So, here is
4:19called the body of a candle. The
4:21difference between the green candle and
4:23the red candle is this right here is
4:26where the price opens. So, at the
4:28beginning of the day, the price started
4:30right here. This is a green candle and
4:32represents price pushing up higher
4:34throughout the day. And then at the end
4:36of the day, we've got the close, which
4:38is going to be right here. This is the
4:40closing price. So, we've got the open
4:42price and the closing price. What makes
4:44this one green is that the open price
4:46was lower, then pushed higher throughout
4:49the day, and ended here higher. So, this
4:52is a green candle representing that
4:53price pushed higher. Now, this right
4:55here, same concept. This is a body. But
4:58the difference between the green and the
4:59red is that price started here. This is
5:02the open. And now price pushed lower and
5:05closed down here. So the difference
5:07between the green and the red. Price
5:09opened lower, pushed higher. Here price
5:12opened higher, pushed lower. Now this is
5:14all within a day. This is a day's worth
5:17of price movement. Now let's go over the
5:19wicks. These right here are called
5:21wicks. Now what these mean is that price
5:24pushed lower and higher outside of the
5:27opening and closing price. So that means
5:29when price opened and closed, it pushed
5:32higher and lower outside of the body
5:34before closing. So during this 1-day
5:37period, price opened here, pushed lower
5:40and higher and then closed. So this is
5:42the movement outside of the open and
5:44close. Now the same applies for the red
5:46candle. This is also the wick and this
5:48is the wick. Represents the same thing.
5:50the movement of price throughout the
5:52day. So now you know what a candlestick
5:54is and what they represent when you see
5:55them on a chart. Now let's talk about
| Market Types
5:56the different markets that you can
5:57trade. Each one has pros and cons and
6:00what market you trade usually comes down
6:01to personal preference. So let's break
6:03down each one. First we're going to go
6:05over the forex market. Forex is short
6:07for foreign exchange and it is
6:09essentially trading currencies against
6:12each other. And what you're doing is
6:13just anticipating the change of the
6:15exchange rate. So essentially, if you
6:17were anticipating that the price of the
6:19euro is going to go up, you will buy.
6:21And if you're anticipating that the
6:23value of the US dollar would go down,
6:25you would sell. And there are many
6:26different combinations and currencies
6:28that you can trade. And some of the most
6:30popular are going to be USD and the euro
6:35is going to be GBP
6:38versus JPY. So the GBP is going to be
6:42the great British pound and the JPY is
6:44going to be the Japanese yen. So, there
6:45are a lot of different currencies and
6:47variations that you can trade. And you
6:49can also trade these currencies 24 hours
6:51out of the day, five days a week, Monday
6:55through Friday. The next one we're going
6:56to go over is crypto. Now, this one I
6:59have the least experience in, but I'm
7:01sure many of you guys have heard about
7:03it. Some of the most popular assets that
7:04you've probably heard of is going to be
7:06Bitcoin
7:08or Ethereum. Now, this is going to be
7:10the same concept. You can either buy or
7:12sell these anticipating that the price
7:14of Bitcoin is going to go up, which I'm
7:15sure many of y'all are thinking, or
7:17maybe the price of Ethereum is going to
7:19go down. Now, the difference between
7:20Forex and crypto is crypto can be traded
7:2424 hours out of the day, 7 days a week.
7:26So, there is no limit to when you can
7:29trade Bitcoin, which means you can also
7:31trade crypto Saturdays and Sundays on
7:33the weekends if you really wanted to.
7:35Now, crypto is known for being super
7:36volatile. That means that there is
7:38opportunity but also a lot of risk if
7:40you don't have a solid plan. Now the
7:42next one that we're going to go over
7:43which many of you guys know you know the
7:46stock market. This is stuff like Amazon,
7:50Apple, Netflix, Tesla, Home Depot, all
7:53of the above, Nvidia, GameStop. Now with
7:56stocks, same kind of scenario here. You
7:59could anticipate that the price of Apple
8:01is going to go up or the price of Tesla
8:04is going to go down. So you would either
8:06buy thinking the price is going to go up
8:08or sell thinking the price is going to
8:09go down. Same scenarios over here. Now
8:11the stock market is open Monday through
8:13Friday from 9:30 a.m. Eastern to 400
8:19p.m. Eastern. Now there is one more
8:21market to go over and this is my
8:23favorite and my most traded market. Now
8:27this is the futures market. Now this is
8:30what I personally trade. Now the
8:32different types of futures that you can
8:33trade is going to be things like
8:35commodities, agriculture, energies,
8:38indices and that is things like gold
8:41which I know you guys have heard of.
8:42That'll be types of metals. You can
8:45trade oil which are types of energies.
8:49You can trade the S&P 500 which is an
8:52index. So many different types of things
8:54you can trade in the futures market and
8:56things like corn which would be
8:59agricultural. So, a lot of options here
9:01with futures. Now, same concept here
9:03with futures. If you were anticipating
9:04that the value of gold is going to go
9:07up, you would buy gold. If you're
9:09anticipating that the price of oil is
9:11going to fall, you would sell oil. If
9:14you're anticipating that the price of
9:15corn is going to go up, you would buy
9:17corn. If you're anticipating that the
9:19price of the indicy or index spy, S&P
9:22500, or the NASDAQ, the Dow is going to
9:25go up, you would buy. Now, how often can
9:28you trade these instruments? So futures
9:30can be traded six days out of the week,
9:3223 hours a day, with the exception of
9:35the market being closed on Saturday.
9:38Now, the reason why I love futures so
9:40much is it's got ideal trading hours. I
9:43love the different instruments that you
9:44can trade, but also they move fast. They
9:47have a high volume and they offer great
9:49leverage. And basically what that means
9:51is just your dollar goes a long way.
9:53Now, no matter what market you decide to
9:55choose, my strategy is applicable to all
9:57of them because it's purely based on
9:58price action and market structure. And
10:00that's valid no matter what asset or
10:02market you decide to trade. Now, how do
| TradingView
10:04we actually look at markets and analyze
10:06the price to find opportunities? Most
10:08traders use a platform called Trading
10:09View, which is what we're going to go
10:10over. And remember guys, if this is
10:12stuff that you already know, feel free
10:13to go to the description of this video.
10:15We have timestamps in the description so
10:16you can skip forward to a section that's
10:18relevant to you. So, now let's get into
10:20Trading View. This is going to be my
10:21bread and butter. This is where every
10:23trader lives. This is our home base. So
10:25now this is where we can view the
10:27movement or the price of an instrument
10:30in any market. So right now you can tell
10:32we're looking at Tesla. This is the
10:34price movement of Tesla. You look to the
10:36left on Trading View and these are going
10:37to be your tools. These help you analyze
10:39the price and mark up your charts. Over
10:41here to the left will be your watch
10:43list. This is where you can put all of
10:44your favorite instruments, all of your
10:46favorite assets like Tesla, Apple, gold,
10:49silver. This is where your favorite
10:51instruments will live. And then up top
10:52here, you'll see these are time frames.
10:54Before we go any deeper, I want to touch
10:56on something that you'll see a lot
10:57inside of Trading View, and that's going
10:58to be the time frames. Now, remember, we
11:00went over candlesticks here. Every
11:02candlestick that you see on your chart
11:04is based on a certain time frame. So, if
11:06you were seeing the 1 hour chart, each
11:09candle represents one hour of price
11:11movement. And then if you go to the
11:13daily time frame here, like we went over
11:15in our earlier example, each candle
11:17represents one entire day or 24 hours of
11:20price movement. Remember, these are the
11:22bodies, these are the wicks. This is all
11:25of the price movement within a day. So
11:27now, the smaller time frame that you go
11:28in, the more noise in short-term price
11:31movement that you can see. The higher
11:34the time frame that you go in, you get
11:35more of a bigger picture. The key is to
11:38understanding each time frame and how it
11:39affects the data that you're looking at
11:41and using it to build a strategy that
11:42fits you. Some traders like to trade on
11:44lower time frames like the five minute,
11:46the 1 hour, while other traders like to
11:48trade on the higher time frames. I
11:50personally like to trade on the 4hour
11:51time frame and the daily time frame.
11:53This is all going to be personal
11:54preference and whatever is applicable to
11:56your strategy. So this is trading view.
11:58There are many other features within it,
12:00but these are the main three that we
12:01need to use. Now I'm going to show you
| Market Trends
12:03how to use Trading View to actually
12:04analyze what direction the market is
12:06going in. Now before I show you this
12:08information on Trading View, I'm going
12:09to draw it out for you. So when you
12:11think of the different directions that
12:13the market goes in, you think it's
12:14either up or down. There is actually a
12:17third direction that the market can go
12:19in and that is sideways. So let's go
12:22over what these look like. So the first
12:23one that everyone knows is uptrend or
12:27some people call this bullish and it
12:30essentially just means up. So if you
12:32look at an instrument or an asset from
12:34left to right and the price has started
12:36lower and ended up higher over time,
12:39we've got an upward trend. This is a
12:41bullish trend here. Now, within this
12:43uptrend, you can see there are areas or
12:46times where the price did go down, but
12:48we're looking at this overall. Overall,
12:50from left to right, the price has gone
12:53up. So, this is an upward trend. Let's
12:56go over the next popular direction that
12:57most of you guys know, which is a
12:59downtrend. Now, another name for this is
13:02bearish, and essentially just means
13:04we're moving down. Now, what this looks
13:06like is the price would start higher and
13:09over time ends lower. So the overall
13:12direction looking from left to right. If
13:14the price has started higher and ended
13:16lower, we're looking at a downtrend
13:18here. Now, same scenario. You can see
13:20there were moments of up, but overall
13:22over a period of time, we're down. The
13:25price is down, price is bearish. Now,
13:28let's go over the third direction, which
13:29is called consolidation. This is a
13:31direction that not many new traders
13:33understand. This can also be called a
13:35range and essentially just means
13:37sideways movement here. So when we're
13:39looking at price from left to right and
13:41we haven't made any progress or any
13:44direction, we are in consolidation.
13:46There are many moments where the price
13:49has gone down, the price has gone up,
13:51the price has gone down, but overall we
13:54have made no progress is still at the
13:56same point here. This is consolidation.
13:59Now let me show you some real examples
14:00on the chart so you can see what these
14:02actually look like. So we're using
14:04Trading View here to identify the
14:05overall trend of an instrument. This
14:07right here is the Dow Jones. We're
14:09looking at a monthly time frame. And
14:11now, if we're looking at this from left
14:13to right, the overall direction or
14:15overall trend of this instrument is up
14:18or bullish. Now, we're moving to another
14:20instrument. Looking at this from left to
14:22right, the price is overall down or
14:26bearish. This is crude oil. We're on the
14:29monthly time frame. And from left to
14:31right, you can see the overall trend of
14:33this is going down. Now, this is the
14:35third instrument here. This is platinum.
14:37This is the same time frame, the monthly
14:38time frame. But now, if we look at the
14:40price from left to right, starting here
14:42to here, the price is overall in the
14:45same area. We're moving sideways. This
14:47is considered consolidation or a range.
14:50In these next few sections, you're going
14:51to start learning how to actually trade.
14:53And I'm going to show you something that
14:54I did to help make this a lot easier.
| Trend Lines
14:56All right, let's get into the first real
14:57building blocks of this master class, a
14:59trend line. A trend line is a diagonal
15:01line that you draw to connect points of
15:03a trend. It helps you define the
15:05structure and direction of a market. If
15:06that sounds confusing, don't worry.
15:08We're going to go over an example here
15:09on the whiteboard. So, as you guys saw
15:11in the previous examples, we were able
15:13to identify upward trends and downward
15:17trends within the market. Now, the trend
15:20line is what connects these points in
15:24each trend. Since this is an overall
15:26upward trend, we're going to draw a
15:28trend line to help connect these points
15:30to help us identify the upward trend.
15:35we're able to connect points within this
15:38upward trend to help us identify the
15:40direction that it's going or the
15:41structure of this trend. So, this right
15:44here is an upward trend line or a
15:47bullish trend line. Now, let's go over a
15:50downward trend line. Dude, wait till you
15:52guys see how we start utilizing it. It's
15:54going to blow your mind. So, now we've
15:56gone over what a downward trend looks
15:58like and how to identify it. But now
16:01let's see how we can draw a trend line
16:02to help us identify a downward trend. So
16:05looking at this from left to right, we
16:06want to connect as many points as we can
16:08with our line to help us identify this
16:11downward trend. You can see we've
16:13captured
16:15all of these points here within this
16:17downward trend. Now, when we draw these
16:20lines, they aren't just random. So when
16:22you start to see price respect this same
16:24diagonal line that we just drew over and
16:27over again, that is your structure. Now
16:29that I've shown you on the whiteboard
16:30how to draw a trend line, let's see what
16:31they look like with real-time market
16:33data on Trading View. All right. Now,
16:35let's replicate the same thing that we
16:36did on the whiteboard on the markets
16:38here. Okay. Here we are looking at the
16:40Dow. We're still in that monthly time
16:42frame, and this is an upward trend.
16:44Looking at it from left to right, the
16:47overall trend is upward. If we're going
16:49to draw a line on the chart, a trend
16:51line, we're going to go over to our
16:53toolbox here on the left. Now, you would
16:54think we would use the trend line tool.
16:56It's ironic that we're not, but we're
16:58actually going to use the ray tool to
17:00help draw our trend lines. The very
17:02first point of our trend line is going
17:04to start here with the lowest point that
17:05we see on the screen. The second point
17:07of our trend line is going to be the
17:09next lowest point we see on our screen.
17:10We had just drawn our first upward trend
17:13line. This has just helped us identify
17:15the direction of this instrument. Now,
17:18let's go over some downward trend lines.
17:19Now, we have moved to crude oil on the
17:21monthly time frame. We're going to go
17:22back to this toolbox over here to the
17:24left. It's going to be the opposite
17:26concept for our downward lines. Our
17:28first point is going to be the highest
17:29point you see on the screen. Our next
17:31point is going to be the next lowest
17:33point you see on the screen. I'm going
17:34to change the color of this to red so
17:36that we can identify this is a downward
17:38trend line. So, we have just drawn our
17:40second trend line. This helps us
17:41identify the downward direction of this
17:44asset. As you can see, the price has
17:46touched here, here, here, and here. Now,
17:51the more time that you spend analyzing
17:53these charts and drawing these lines,
17:55the easier it will become to spot these
17:56trend lines. Now, let's talk about
| Support and Resistance
17:58another concept in the markets, support
18:00and resistance. So, before we get into
18:02it on Trading View, let me draw it out
18:03on the whiteboard here. Okay, now let's
18:04go over support and resistance, SNR.
18:08Now, I'm going to draw some price action
18:10here and show you what support and
18:11resistance is. So, now remember, we
18:14talked about the direction called
18:15consolidation. This is where support and
18:17resistance really comes into play here.
18:19So, we've gone over upward trends,
18:20downward trends, upward trend lines, and
18:23downward trend lines. How do we mark up
18:25the consolidation that we went over?
18:27This is where support and resistance
18:28comes into play, S and R. So, now when
18:31drawing our support and resistance,
18:33we're going to do something very similar
18:34like we did with our trend lines. We're
18:36trying to capture as many points as we
18:38can with the price movement. We're going
18:41to start with support. Think of support
18:43like a floor.
18:47When the price got to the floor, it
18:50turned around. When the price got to the
18:52floor, it turned around. We're trying to
18:54capture as many points from the floor as
18:57possible. This is called support. Now,
19:00resistance is going to be the opposite.
19:02Think of resistance as though it's a
19:05ceiling.
19:07We're trying to capture as many touch
19:09points as possible here. Price got to
19:12the ceiling and then turned around.
19:14Price got to the ceiling and then turned
19:16around.
19:17This is called resistance. Support the
19:20floor. Resistance the ceiling. Price
19:23moves in between. Now, we're just simply
19:26trying to capture as many touch points
19:27as possible. There will be moments where
19:29price breaks out of it. But as long as
19:31we can capture as many touch points, we
19:33have drawn a correct resistance and
19:36support. Okay. Now, let's go over some
19:38real world examples on Trading View. So,
19:40we've got platinum on the monthly time
19:43frame. And now we're going to go over to
19:45the toolbox here and instead of the ray
19:48tool that we're used to, we're going to
19:50use the horizontal line. Now let's start
19:53by drawing our support, which means it
19:55acts as a floor. So we're trying to
19:57capture as many touch points as we can
19:59where the price hit and then turned
20:01around. Right here, you can see there
20:03were many times where the price of
20:04platinum hit this horizontal line, which
20:07is our support, and then turned around,
20:09hit, turned around, hit, turned around.
20:12Same here, here, and here. Now, let's
20:14draw our resistance. We're going to use
20:16the same tool, the horizontal line. But
20:18now, we're going to draw this as though
20:19it is the ceiling. We're trying to
20:21capture as many touch points as possible
20:24where the price of platinum hit and
20:25turned around. It hit here, turned
20:27around, hit here, turned around. This is
20:31support and resistance. Using this tool
20:33helps us identify consolidation within
20:35the markets. Now, this is the time to
20:36get excited. This is where it gets
20:38powerful. Trend lines and support and
20:40resistance work even better when they're
20:41aligned. Later in this master class, I'm
20:44going to show you how to utilize these
20:45tools together to help you identify
20:47where the price is likely to go. Now
| Order Types
20:48that we understand how the market moves
20:50and where price reacts, let's go over
20:52how to enter and exit trades. This means
20:54understanding different order types.
20:56There are two main order types that you
20:58can use. There is a market order and a
21:00limit order. So, we're going to go back
21:01to the whiteboard so I can show you guys
21:02some examples. Okay, first let's go over
21:05market orders.
21:07A market order. So, we're going to say
21:09we're looking at the price. If we're
21:10looking at the price from left to right,
21:12this is always going to be where the
21:13price is at right now. If we want to
21:16place a market order, that means get me
21:20into the market where the price is at
21:23right now. So, if you place a market
21:25order and the price of whatever
21:27instrument you're trading is at $100,
21:30when you place that order, it gets you
21:32in at $100. So, a market order is going
21:35to be the most simple order to
21:37understand.
21:38It means get me in immediately at the
21:40current market price. Now, let's talk
21:42about limit orders. We're going to go
21:45over the same kind of price action.
21:49Now, when you place a limit order,
21:51instead of getting you in where the
21:53price is at right now, you're actually
21:55going to tell the market at what price
21:57you want to get in. So, if the price is
21:59currently trading at $100, but you want
22:02to get in at $50, you place a limit
22:08order. So, if the price is currently
22:10trading at $100, when and if the price
22:14gets down to 50 is when your order will
22:17be placed, your limit order will be
22:19triggered. And then the same concept
22:21goes for if you would like to place your
22:23trade at $150 limit. So when and if the
22:27price gets to 150, that's when your
22:30limit order will be triggered. So those
22:32are the basics. Market orders are for
22:34immediate entries and exits, and limit
22:36orders are for planned entries and
22:38exits. Understanding this gives you
22:40control over how to get into the market
22:41and how to manage your trades. Now, what
22:43I'm about to show you next is how you
22:44can maximize your profits and protect
22:46your capital. Now that you know what
| Take Profit and Stop Loss
22:48types of trades you can enter, it's just
22:49as important to know how to exit those
22:51trades. This is where take profit and
22:54stop-loss comes into play. So, I'm going
22:55to use the whiteboard again to help me
22:57explain. Let's go over a take profit.
23:01I'm going to draw a price action to help
23:03us understand takerit. Let's say that
23:06the price is at $100. We want to place a
23:10market order just like we had went over
23:12previously to buy. We are anticipating
23:15that the price is going to go higher.
23:18So, if we got in at market order, that
23:20means get us in right now at $100. We
23:23want to see the price go up. So, we're
23:25going to place a take-profit order. So,
23:28if the price gets to $150, I want to
23:31take my profit and close my trade. And
23:34that would look something like this.
23:35When or if the price gets to $150,
23:40you get to take your profits and your
23:43trade is closed automatically when the
23:45price gets to $150. So, the actual
23:49definition of a takerit is a preset
23:51level where you want to close your trade
23:53and lock in gains. Now, let's go over a
23:57stop-loss. Now, both of these are fairly
23:59self-explanatory. The take profit allows
24:01you to take your profit. A stop-loss
24:04will stop your loss. Now, we're going to
24:07use the same kind of market structure to
24:09go over what a stop-loss means. So, same
24:11scenario as the last one. You placed a
24:12market order buy at $100. Get me in
24:15right now. and you're hoping that the
24:17price goes up or you're anticipating
24:19that the price is going to go up. What
24:20happens if it doesn't and you have to
24:23take a loss? This is where the stop-loss
24:25comes into play here. So, believe it or
24:27not, most traders aren't always right.
24:30So, there's going to be instances where
24:32you get into a position and the trade
24:34doesn't work out. So, how can we stop
24:36our losses from being too high or manage
24:39our risk? Let's say that we're willing
24:41to lose $50 if the price doesn't work
24:44out. That means if the price comes down
24:47to $50, go ahead and stop my loss from
24:52getting any bigger essentially. So you
24:54just place a stop-loss order at $50. So
24:58for example, it would look something
24:59like this. If the price ended up coming
25:01down against you, it stopped your loss
25:04from getting any bigger and once it hit
25:06the $50,
25:09you took your loss here. So, if the
25:11price came down against you and hit this
25:13$50, this is where your trade gets
25:15automatically closed, just like the
25:17takerit. Now, let's bring it all
25:19together. Let's say you get into a
25:20position and you're ready for a loss or
25:23a profit. How do we place both of these
25:25orders? Now, let's see how we can place
25:27a takerit and a stop-loss on the charts
25:30here in Trading View. Okay, we are
25:32looking at the stock Apple here. We're
25:33in the monthly time frame. The price is
25:35trading at $106 right now. Let's say the
25:39same scenario. We're going to place our
25:41market order to buy right here.
25:44Now, if you hover your mouse over where
25:47the price is at, you can see a takerit
25:49and a stop-loss, TPSL.
25:52To set your stop loss, you'll drag the
25:54stop-loss down to $50. Let's say you're
25:58willing to lose $50 if the trade doesn't
26:01work out in your favor.
26:04And let's say you want to make $50 if
26:06the price goes up. So, you're going to
26:08drag your takeprofit to $50.
26:11If the price gets to 157, you'll take
26:14your $50 profit. If the price goes
26:17against you down to $55, you will take
26:20your $50 loss and stop your loss from
26:22getting any bigger. Take profit, stop
26:25loss. Now, let's see how this trade
26:27plays out. Now, here we go. We're up
26:29$484.
26:32The price just made it to our takerit
26:34and automatically closed us out of our
26:36trade. We were able to capitalize on
26:39$50.89
26:40here. So, this is a scenario that worked
26:43in our favor. We got into our position,
26:46placed our market buy order, the price
26:48worked in our favor, continued to move
26:50up, and closed us out automatically at
26:5250 bucks. Let's go over a scenario where
26:54it didn't work out. Now, we're looking
26:56at Home Depot in the monthly time frame.
26:59The current price is at $27.
27:02Same scenario. Let's place a buy market
27:04order. Get me in right now where the
27:06price is trading at now. Now, we're
27:07going to drag our stop loss to $50. And
27:11we're going to drag our takerit to $50.
27:15Let's see how this trade plays out.
27:17There we go. Our trade has just been
27:20closed. And this is a scenario where we
27:22had to take our loss because the price
27:24moved against us. And the first scenario
27:26is where we made a profit of $50 because
27:28the price moved in our favor. So, as you
27:30can see, both take-profit and stop-
27:32losses are essential to risk management.
27:34They help you control your risk and keep
27:35your trading consistent. Later in this
27:37master class, I'll show you where I put
27:39my stop losses and my targets based on
27:41market structure and price action. Okay,
| Risk Management
27:43now let's talk about risk management.
27:44This is one of the most important parts
27:46about trading because no matter how good
27:47your strategy is, losses are going to
27:49happen. It's just part of the game. One
27:50thing that I like to do is think of it
27:52like this. Losses should be small enough
27:54to consider fees or just think of them
27:56like business expenses. You want to
27:58manage your risk in a way that keeps you
27:59in the game so that you can stay
28:00profitable long term. That's what I'm
28:02about to teach you. So, proper risk
28:04management separates traders from those
28:05who last to those who lose all their
28:07money. Now, risk can vary depending on
28:09what market you're trading. Different
28:11instruments have different contract
28:12sizes, shares, ticks, lots, and levels
28:16of volatility. So, no matter what market
28:18you're in, the same risk principles
28:19apply. It is so important to know what
28:21you're willing to risk when you get into
28:23a trade. So, for example, if your
28:25position is too big, it could wipe out
28:26an entire small account. But if you're
28:28trading properly with proper risk
28:30management and proper position size, the
28:32loss should feel like just a fee, and it
28:33will allow you to live to trade another
28:35day. It won't hurt your account much.
28:36Every time you take a trade, your
28:38stop-loss should tell you exactly how
28:40much you're willing to risk. A common
28:41rule that most traders use is risking no
28:43more than 1 to 3% of your capital per
28:46trade. Would you lose more than 1 to 3%
28:48of your account? If the answer is yes,
28:50then you need to reduce your risk. This
28:52keeps your downside limited and gives
28:54you room to grow. When you combine a
28:55solid strategy with strong risk
28:57management, you're not just guessing
28:58anymore. You're trading with intention.
29:00And everything I'm about to show you
29:01next is built on this foundation. Let's
| Strategy
29:03talk about strategy. Having a strategy
29:05is one of the most important pieces of
29:06this process. A strategy gives you clear
29:08structure. It gives you entry criteria,
29:10exit criteria, and helps you stay
29:12emotionally regulated when you're in
29:14your trades. One of the biggest mistakes
29:16that I have seen in the entire trading
29:17industry is people who strategy hop,
29:20trying something new over and over and
29:22over again without giving it its due
29:23diligence, without trying to master the
29:25strategy. But the truth is, consistency
29:27comes from sticking to one thing long
29:29enough to get good at it. You're not
29:30going to believe this, but I have used
29:31the same core strategy for the last 10
29:34years. I built my process around a
29:36simple approach that I fully trust. It's
29:38clean, it's repeatable, and it helps me
29:40find consistency in the markets. You
29:42don't need to over complicate things.
29:43Simplicity is what brings confidence.
29:45When you actually understand what you're
29:47doing and why you're doing it, you feel
29:49like you're in control and you're not
29:50just guessing. For me, that includes
29:52trend lines. I'm a trend line trader. I
29:54use them to find clean, high probability
29:56setups based on price action and
29:57structure. That's the foundation of how
29:58I trade. And part of that structure
30:00comes down to time frames. Some
30:02strategies work better on higher time
30:03frames, while others work better for
30:04lower time frames. A lot of traders,
30:06including myself, have different
30:07strategies depending on what the market
30:09is doing and different time frames that
30:10they're looking at. That's normal. So,
30:12when I talk about strategy, I talk about
30:13having a complete plan. And this goes
30:15from spotting the setup, managing risk,
30:18knowing exactly when to get in and when
30:19to get out. In the next section, I'm
| The 3 Touch-point Trendline Break
30:21going to walk you guys through one of
30:22the exact strategies that I've used in
30:24the markets to help me generate half a
30:25million dollars in trading profits. Now,
30:27this isn't theory. This is something
30:29that I've used in real trades, real
30:30market conditions for over 10 years.
30:33It's simple, it's structured, and once
30:35you understand it, you'll be able to use
30:37it on any market in any time frame. If
30:39you've been looking for something solid
30:40that you can actually follow and build
30:42on, this is it. Let's dive in. So, now
30:44that you've seen how the three touch
30:46point trend line break works, let's
30:47break it down step by step. So, you've
30:49been able to identify how do you trade a
30:51three- touch point trend line break? But
30:52now, we need to see how do we find them?
30:54And that's by something called a
30:55top-down analysis. So, let's get into
30:57the charts and let me show you how it
30:58works. So, the concept of a top- down
31:00analysis is starting at a higher time
31:02frame, the top of the time frame, and
31:04then we continue to work our way down
31:05time frames. We're in the monthly time
31:07frame now. Same as all the other past
31:09examples that we've gone over before.
31:10We're in the monthly time frame. We're
31:12going to draw our trend lines just like
31:13we have in the past examples. We're
31:16going to the toolbox over here. We're
31:18going to select the ray tool. We're
31:20going to draw a downward trend line.
31:22We're looking for the highest point that
31:23we see on the screen for a downward
31:25trend line. We're going to try to
31:27capture as many touch points as possible
31:29without having price intersect. Now,
31:31this is a new concept. Before when we
31:33drew our trend lines, we just tried to
31:35capture as many touch points as
31:36possible. When doing our top down
31:38analysis, we want to make sure that we
31:39also capture as many touch points as
31:41possible, but without having price poke
31:43through or intersect. So, the reason
31:45that we don't want price to intersect is
31:46because we want to be able to utilize
31:48price action in real time. And this will
31:50start to make more sense as we continue
31:51this top down analysis. But we've drawn
31:53our first downward trend line. Nothing
31:54new. Let's continue to draw another
31:56trend line, which will be our upward
31:57trend line. Now, for our upward trend
31:59line, we're looking for the lowest point
32:00that we see on the screen here.
32:03We're trying to do the same concept as
32:05before. Capture as many touch points as
32:07possible, but without having the price
32:08intersect. So, at one point, this would
32:10have been a great line. We've got touch
32:12point, touch point, touch point. The
32:15reason this line is not valid is because
32:17price has already broken through. We
32:18want to be able to utilize the price
32:20where it's at right now. I'm going to
32:22change the color of this trend line to
32:23help us differentiate the bullish from
32:24bearish trend lines, the upward from
32:26downward trend lines. And another easy
32:28way to remember this is when drawing
32:29your trend lines doing this top down
32:31analysis, think of the lines as though
32:33they're holding the price up or holding
32:35the price down. So if at any point price
32:37is breaking through, it's incorrect. So
32:40making sure that all touch points are
32:42captured without breaking through the
32:43lines. So a rule of thumb when coming in
32:45with steeper trend lines, always utilize
32:47the most recent touch point as your new
32:49point A for the new trend line. Think of
32:51it like your previous point B will be
32:53your new point A.
32:55So, we're going back to the ray tool
32:56here.
32:58Previous point B or most recent touch
33:00point here will be our new point A. Same
33:03concept, trying to capture as many touch
33:05points as possible without having the
33:06price intersect. So, this wouldn't work.
33:09This wouldn't work. This is the only
33:11area where we can draw our steeper
33:12upward trend line. So, we have just done
33:14our first section of the top down
33:15analysis in our monthly time frame. Once
33:17we've drawn as many trend lines as we
33:19can on the monthly time frame and
33:20there's no other lines we can draw, that
33:22signifies that we can go from the
33:24monthly down to the weekly. So, we're
33:26going to continue this top down
33:27analysis. And something to note is that
33:29as you go down in time frame, we're
33:31getting more precise. We're looking at
33:33more information here. So, some of your
33:34lines will be slightly off. So, we just
33:36need to make some slight adjustments
33:37here to make sure they're a little bit
33:38more accurate. So, we've just gone from
33:40the monthly time frame to the weekly
33:41time frame. There are going to be many
33:43instances where you go from one time
33:45frame to the next and there's not going
33:46to be much of a difference. There's not
33:48going to be any additional lines that we
33:49need to draw. So your indication to move
33:51down a time frame is always if you
33:53cannot draw any steeper trend lines,
33:54then you'll continue down a time frame.
33:56So there isn't any change between the
33:57monthly and the weekly. So that just
33:59signifies that we need to continue
34:00working our way down. So we're in the
34:01weekly time frame. Let's move down to
34:03the daily time frame. And feel free to
34:05utilize this plus or minus button to
34:06help you zoom out or zoom in of the
34:08price. So, as we moved from the weekly
34:10time frame to the daily time frame, our
34:11lines are a little bit off. We need to
34:13make sure that we slightly adjust these
34:14to make sure they're a little bit more
34:15accurate. And we're just going to
34:17continue moving down time frames. So, if
34:18you're trading in the 5minut time frame
34:20or the 1 hour time frame, you'll
34:22continue this top down analysis. You'll
34:24do monthly, weekly, daily, 4 hour, 1
34:26hour. If you're a lower time frame
34:28trader, you'll do monthly, weekly,
34:30daily, 4 hour, 1 hour, 30 minute, 15
34:33minute, 5 minute, so on and so forth. So
34:35you'll just continue this process until
34:37you reach the time frame that you're
34:38trading in. So there's a steeper trend
34:40line that I can draw on the daily time
34:41frame. Previous point B or most recent
34:43touch point is going to be our new point
34:44A. Now for this line, we can't go very
34:47far. This is as far as we can go without
34:49having price intersect. But we need to
34:50draw lines like these so that we can
34:52continue to track price steeper and
34:53steeper. All right, we're in the daily
34:55time frame. Let's work our way down to
34:56the 4hour time frame. Now this time
34:58frame is where I personally stay. This
35:00is the time frame that I trade in. So
35:01when I do my top down analysis, I go
35:03from monthly, weekly, daily, and then I
35:05stop in the 4 hour. For anyone that's
35:06trading lower time frames, they'll
35:08continue this process and work their way
35:09down to their designated time frame. I'm
35:11going to slightly adjust my lines to
35:12make them a little bit more accurate.
35:14And then I can see some steeper trend
35:15lines that I can draw in the 4hour time
35:17frame. I'm going to use my most recent
35:18touch point as my new point A. Try to
35:20capture as many touch points as possible
35:22without having price intersect. So on
35:24the 4hour time frame, this is as many
35:25downward trend lines as I can draw. This
35:27is as far as I can go. But we can draw
35:29another upward trend line here. Go back
35:30to our toolbar to the ray tool. Most
35:32recent touch point is going to be your
35:34new point A or your starting point for
35:35the trend line. Try to capture as many
35:37touch points as possible without having
35:39price intersect. All right, there we go.
35:41This is as far as we can go in the 4hour
35:43time frame. So now I've just shown you
35:44how to find a three touch point trend
35:46line, but now we need to wait for the
35:47break. Let's watch price and see if we
35:49can get a break of this downward three
35:50touch point trend line. Okay, we have
35:52just been presented with a break of this
35:54downward three touch point trend line.
35:55We know that this signifies an entry.
35:57Now, before we get into our trade here,
35:59before we take our entry, I want to
36:00introduce a new concept called the
36:01safety line. This concept is the exact
36:04reason why I've been able to stay
36:05consistently profitable in the markets.
36:07It helps me manage my risk, keep it low.
36:09It helps me capitalize on profits, and
36:11tells me exactly when to close my trade.
36:13Now, let me show you how to draw this
36:14safety line. So, the concept of a
36:16steeper trend line is not new, but the
36:18way that we utilize this is so we're
36:19going to go to the toolbar over here to
36:21the left. Previous point B or most
36:22recent touch point is going to be point
36:24A. making sure you come in, capture as
36:26many touch points as possible without
36:27having the price intersect. But now the
36:29difference is this line is called our
36:31safety line. This line will keep our
36:33risk low. This will allow us to
36:35capitalize on profits and tell us
36:37exactly when to close this trade here.
36:39So now that we have drawn our safety
36:40line, we can enter our position here.
36:42We're going to hit the buy button to
36:43place our order. All right, we are now
36:45in our trade. Let's see how this trade
36:46plays out and see if it breaks our
36:48safety line. As you can see here, this
36:50price has moved aggressively in our
36:51favor, but we still haven't had a break
36:53of our safety line yet. All right, we
36:54have just made it to real time price
36:56action. This is where the price is
36:58trading at right now. So, the price
37:00hasn't broken our safety line yet. So,
37:01you're able to see what this trade
37:02management looks like, when to get into
37:04your trade. Now, let's go over some
37:05examples of when do we get out. So, we
37:07know if price breaks our safety line,
37:09that's our indication to close our
37:10trade. So, if the price comes down and
37:13breaks this safety line, this is our
37:14indication right here to close this
37:16trade. But let's go over a scenario if
37:18it doesn't. if the price comes down and
37:20actually respects our safety line,
37:22creating another touch point and then
37:23continues to move in our favor. So, this
37:25is our indication to stay in that trade.
37:27So, only until the price breaks our
37:29safety line do we need to close this
37:30position out. Now, let's go over another
37:32example. We're looking at crude oil on
37:34the 4hour time frame. Now, in this
37:36scenario, I've already done my top down
37:38analysis. As you can see here, I was
37:39able to spot a 1 2 3 touch point trend
37:43line. What we're missing is the break.
37:45So, let's continue to wait and see if we
37:46can get a break of this trend line.
37:47Okay, we were just presented with a
37:49break of this upward three touch point
37:51trend line. Now remember, before we get
37:52into this position, we need to draw
37:54something called the safety line here.
37:55Let's go back to the ray tool over here.
37:57Same concept. We're drawing our steeper
37:59trend lines. Most recent touch point or
38:01previous point B is new point A. And
38:02then we're going to try to capture as
38:04many touch points as possible without
38:05having price intersect. Now that we've
38:07drawn our safety line, it's time to
38:09enter our position. Now, let's see how
38:10this trade plays out and if it breaks
38:11our safety line. All right, as you can
38:13see here, we are in profit and price has
38:15still not broken our safety line yet.
38:17So, we continue to stay in this trade
38:18until price does. All right, we have
38:20finally been presented with a break of
38:22our safety line. It's time to close our
38:24trade and take our profits. Close
38:25position here. So, you can see we
38:27entered the price over here when we got
38:29the break of our three touch point trend
38:30line. We drew our safety line. We stayed
38:32in the trade until we got yet another
38:34break. Price broke our safety line,
38:36which indicated an exit. So, we've got a
38:38very clear entry and a very clear exit.
38:41So, there you have it. We've just gone
38:42over two examples of the three touch
38:44point trend line break. Now, let's talk
38:45about some other important factors that
| Backtesting and Forward Testing
38:47you need to know about trading. Now that
38:48you've seen how the three touch point
38:50trend line break strategy works, it's
38:51time to test it for yourself. That's
38:53where back testing and forward testing
38:55comes in. Back testing is essentially
38:56going back in time, just like we did in
38:58our second trade example, to see how the
39:00strategy performs on past data. And it
39:02allows you to see how many of your
39:03setups would have worked out. When
39:04you're learning a new strategy, back
39:06testing is one of the most important
39:07things that you can do. It gives you a
39:08chance to see how often these setups
39:10perform under different market
39:11conditions. Remember earlier in this
39:13video we analyzed trending markets,
39:15bullish, bearish, and consolidation.
39:17Back testing allows you to see how those
39:19setups perform in those different market
39:21conditions. It also helps you build
39:22confidence and understand what clean
39:24setups actually look like. Now, let's
39:25talk about forward testing. Forward
39:27testing is watching how your strategy
39:29performs in real time, similar to the
39:31first example that we went over. And
39:32this is usually done on a demo account
39:34where there's no risk involved. Later in
39:36the video, I'm going to show you an
39:37incredible platform that allows you to
39:38back test as well. But let's move on.
| Brokers
39:40Let's talk about brokers. What they are,
39:42what they do, and why you need them to
39:43trade. So, simply put, a broker is the
39:45middleman between you and the markets.
39:47They provide you with a trading platform
39:49and give you access to markets like
39:50futures, forex, stocks, and crypto. And
39:53they handle the execution of your
39:54trades. Without a broker, you can't
39:56place trades. They're the ones actually
39:57connecting your buy or sell orders to a
40:00larger exchange or network. Another
40:01thing that your broker does is allow you
40:03access to leverage. Leverage means that
40:05you can control larger positions with
40:07smaller amounts of money. For example,
40:0910 to one leverage means that you only
40:10need $1,000 to trade a $10,000 position
40:13size. But with leverage comes something
40:15called margin. Margin is the amount of
40:18money that you need in your account to
40:19hold a position. It's basically your
40:21collateral. If the market moves too much
40:23against you and you don't have enough
40:24capital in your account, the brokerage
40:26can close your position for you. That's
40:28called a margin call. You don't want
40:29that. So, while leverage can help you
40:31grow faster, it can also increase your
40:32risk. That's why it is always important
40:34to have proper risk management in place,
40:36which is something we've already covered
40:37earlier. Understanding how brokers work
40:39is a key piece of the puzzle if you're
40:41serious about trading. Now, I use a
40:43broker called Trade Station. It is a
40:45regulated broker in the US that offers
40:47equities or stocks and futures, which is
40:50what I trade. If you're interested in
40:52joining Tradation as well, the link will
40:53be in the description below. So, now
| Demo Trading
40:54that you know how brokers work and what
40:56actually goes on behind the scenes, it's
40:58time to actually place trades without
40:59risking any real money. This is one of
41:01the most important phases when learning
41:03any strategy. It's where you take
41:04everything that we've gone over and put
41:06it into action in a risk-free
41:07environment. So, now let's talk about
41:09demo trading. Demo trading is where you
41:11can trade the live markets, but using
41:13simulated capital, so you're still
41:14seeing real market movements in real
41:16time. The only thing that isn't real is
41:18the money, which means you can practice
41:20without the risk. This is one of the
41:21most valuable tools when learning a new
41:23strategy like you are now. It lets you
41:25build confidence, test your execution,
41:27and get used to how your trading
41:28platform works, all while making
41:29mistakes that won't cost you anything.
41:31You'll start to get a feel for how the
41:32market moves, timing, and your own
41:34decision-making process. And a side note
41:36here, when setting up your demo account,
41:38use the amount of money you would
41:39actually invest in a live account. You
41:41don't want to set your account to
41:42millions of dollars and start investing
41:43in huge positions that you wouldn't
41:45actually be trading. Treat this like
41:46it's your real capital. That way, when
41:48you actually make the transition to live
41:50trading, your habits and expectations
41:51will be in check. Now, once you start
| Journaling
41:53placing trades, whether that's live or
41:55demo, there is one thing that's going to
41:57make a massive difference in your
41:58trading, and that's journaling.
42:00Journaling is where you track your
42:01trades, your decision-making, and your
42:03feelings throughout the entire trading
42:05process. So, this isn't just about
42:06recording wins or losses. It's not
42:08focusing on the dollar amount. It's
42:10working on the process. It's about
42:11becoming more self-aware and intentional
42:13about your trading. For me, journaling
42:15was a huge pivot point in my trading
42:16career. It allowed me to visually see
42:18what I was doing right, what I was doing
42:20wrong, and double down on the things
42:22that were working, and to stop making
42:23the same mistakes over and over again.
42:25And I use Tradzella for all of this. Let
42:27me pull it up and walk you through some
42:28of the most powerful tools within this
42:30program. So, here is the Tradesella
42:31platform. This visually shows me what
42:34I'm doing right, what I'm doing wrong,
42:35and allows me to track all of my stats
42:37here. I can see my win percentage, my
42:39average win to loss, my profit factor,
42:41and then I can even go into each
42:43individual trade and see what went right
42:45and what went wrong. Another tool you
42:46can use is the playbook feature here.
42:48This allows you to test different
42:50strategies like the one we've gone over
42:51here, the three touch point trend line
42:53break. Test it, see if it works. We've
42:55got something called a trend line
42:56bounce, a break and retest, a two touch
42:58point trend line break. This is also a
42:59place where you can do back testing like
43:01what we went over earlier. If you're
43:02interested in using Tradzilla as a
43:04journaling tool, use code Tory 10 for
43:0610% off of the monthly subscription or
43:08Tory 20 for 20% off of the yearly
43:10subscription. All right. Once you've
43:11been journaling, testing, and building
43:13real confidence in your strategy, the
43:15next step is what everyone looks forward
| Going Live
43:16to, going live. This has been the moment
43:18that everything has been leading to.
43:20You've learned the strategy, you've back
43:22tested, you've forward tested on demo,
43:24you've journaled, you've put in the
43:25work. But before you enter your first
43:27trade, [music] there are a few things
43:28that you need to understand. You only go
43:30live when you have the data to back up
43:32your decision. You need to know that
43:33your strategy works, and you need to
43:34have the confidence knowing that you
43:36have the ability to execute it. So, what
43:37does that mean to have the data to back
43:39up your decision? Something like
43:40journaling allows you to track [music]
43:42your performance and see hard numbers to
43:44show you profitability and consistency.
43:46And that confidence comes from
43:47preparation, [music]
43:48not guesswork. Second, you need to trade
43:50with money that you can afford to lose.
43:52I cannot stress this enough. [music] If
43:54you are trading your rent money or your
43:55savings, you are not trading. You are
43:57actually gambling. That kind of pressure
43:59will wreck your decision-making. So,
44:00start small, grow slow. The markets are
44:03not going to go anywhere. There are
44:04always opportunities. Next, know that
44:06going live is very different from
44:08[music] trading demo. Your emotions hit
44:1010 times harder when you're going live
44:12versus demo. That's why demo trades feel
44:14like they are perfectly executed,
44:15[music] then fall apart when going live.
44:17So, expect that shift and give yourself
44:19time to adjust. It's all part of the
44:20process. Fourth, don't rely on trading
44:22as your only source of income from the
44:24start. Having another source of income
44:25allows breathing room and helps you
44:27avoid forcing trades [music] just trying
44:28to make money. You want to be able to
44:30enter your positions with clarity, not
44:32desperation. And finally, and most
44:34importantly, do not rush this [music]
44:36process. Sustainable trading takes time.
44:38Every profitable trader that you look up
44:40to has gone through months, if not
44:42years, [music] of learning and refining
44:44before everything clicked, including
44:45myself. Let this be something that you
44:47build for life, [music] not a quick hit.
44:49Now, it's on you. Put this into
44:50practice. Stay disciplined. And
44:52remember, trading does not need to be
44:54complicated. If you show up every single
44:56day with consistency and follow what
44:58we've gone over in this master class,
45:00you can see [music] success in trading.
45:01Now, you have everything you need to get
45:03started. If you're looking for a more
45:04advanced approach and learn directly
45:06from me, [music] a trader who has been
45:07able to generate over half a million
45:09dollars in trading in the markets, all
45:10the information is in the first link in
45:12the description below. Thanks for
45:13watching and if you want to see more
45:14content like this, [music] don't forget
45:16to subscribe to my channel, hit the like
45:17button, and drop a comment below.