So hello, folks, how's everybody doing today, herman good, fantastic, loving, the new hat, loving the new shinde. This is what i'm up to these days. You guys haven't seen me on stream, so i pretty much just sit here, my favorite outfits and make things up yeah good morning uh. Why did i stop streaming um? I mean realistically just my time and effort there's just to me.

It's almost that's just it just time and effort. There's you know 16 million other guys on youtube that are they're, definitely better to watch um 100. So that's generally it so just for fun. I figured today we're gon na uh a little itchy on my scruff yeah, for just today, we're gon na just basically run through uh, maybe like all the new stuff.

I've learned over the past couple months that maybe you guys aren't as up to speed on um but yeah. That's pretty much just it we're just gon na kind of dive into a couple things that i've been looking at and give you guys a whole run down. Oh, so that way you can, you can just start doing it too uh, that's pretty much it and so yeah, but we'll look at some dark pool stuff, we'll look at um. I guess that's probably about it.

Yeah, we'll probably just run through indexes bunch of different stocks, um, maybe peep on some other dudes live streams a day, see what they're watching and then basically yeah, i mean that's a fun idea. We're just gon na have fun like i had some extra time today. I got a couple meetings coming up. I traded cgc.

Today i was pretty much it. I miss my trade on the market so we'll go through all that it'll be fun, so hello, guys. Oh, i just hopped on for fun, kevin trades, tcx, kevin, yeah, yeah, those guys uh. Actually they they for the most part copied our company name.

Ours is boiler room trading, and now they have a company name called boiler room trade, so could be by mistake. But highly doubt that so yeah all good, though all good there's enough room in the world for both of us um, so uh yeah, we'll talk about all of that um. So yeah we'll talk about uh, dark pools and we'll just get rocking and rolling. And basically, you guys can pick my brain a little bit so um.

I guess we'll just go off, maybe full screen yeah. We should probably keep the two side by side for now and then we'll bring up the nasdaq we'll bring up the spy still having trouble getting on streaming. I don't know who knows what the deal is all right, so we got uh the spy on the right and we got the nasdaq here on the left so um for those that watched this morning's video or the morning video i posted um. Obviously, there's always a ton of levels, one way or the other, but you know um.

Oh, let me grab my drawing tools as well. That'd, be a good idea. Wait yeah! That's the right one! Okay! I guess i could be more prepared when i come online, but it doesn't matter so this morning we're saying something like hey watch this level watch those levels, that's pretty much it um. So for the nasdaq at least.

If we're talking about the spy, then you have levels to that, but anyways so uh market opens goes down to first nasdaq level bounce. So now what we want to do is we want to go just we don't have to do this. This is just something i do because i guess i'm uh, i don't know what i am we'll see but yeah. Let me show you um and then all right.

So this is black box stocks. It's a service, you don't need to use it hell. I don't even need to use it really. The only reason i have this to be completely frank is just for them to tell me more of what i already know, typically - or at least i think i know so, let's put on their dark pool study so like once, you pull up a chart on black Box, you can come into the study things and you can put on um dark pool volume profile which to me seems like one of their major selling points for this company is their dark pool, volume and tracking.

It seems to be like a highlight of the company. Um so so, for example, for those that are, you know, maybe very, very new, very beginner that have no clue what i'm saying. Hopefully, i'm not confusing you, but just know this is a service and one of their highlights is dark. Pool activity.

Dark collectivity is, in short, where you could say: banks and hedge funds do behind the door deals trying to keep the public from knowing what their hands are going to be. Things like that right. So here comes a company like black box stocks, who will provide you with dark pool information to give you more insight into the market, make you a better investor. I mean i don't know i'm just assuming that that's probably what an advertisement would probably be like learn.

Dark pool trading activity become a better investor, it's probably what they said, something along those lines, but anyways. So we're going to go into the study, we're going to add dark pool volume profile and whenever you see the orange lines pop up, those are prices at which dark pool activity had taken place on the day into the market. So when we zoom in we'll see that the two dark pool activity prints that come in are right at 363 and we'll just call that, like 360 280, maybe i i can't see for sure, unless maybe i zoom in, i don't know - anyways like 363 uh, 360. 280 right so now, when we go back - and we look at my chart - let's see where this level's at so this level's right at 362., so those were coming in 363 360 280., which um yes a little bit above my level.

True, we can talk more detail about that, but um, you know all said and done where those dark pools come in uh, basically we'll be at the um trend, change into the higher low setup on the day off the statistical support. So like um. Let me just get to here and then i'll, look at a couple of your guys's comments in a second sorry. If the screen jumps around a little bit, when you have a bunch of programs running, it can get a little goofy, but um so market opens up.

We go down to our 360 212, which was one of our probabilistic areas. We just expects gon na happen, so once you go down and you pop and create that higher low, where that that goes, that's generally, where the entry came for a lot of those guys is, is the way it seems um, so that is uh the nasdaq. Now it would also be uh important for me i'll go over this last little tidbit and then i'll. Look at some of the comments guys, so this would be like the last little tidbit i'd give you like in relation to this.

So if we go look at the spy, i don't know for sure okay, so the spy does have some prints coming in for the day um that don't necessarily exist at a deviation. We can talk about that too um, but what i was gon na say - and this might not be the greatest example, but four four five: seven: five um four, four: five: seven, five, four: four wait: what that can't be right, one! Second, four: five: five yeah! I was like that doesn't make sense four five, five, seven five all right. So then the next one that comes in, at least for the spy happens at uh four, four, five, seven five. So i'm going to draw a line here in the chart.

This is where the uh, the dark pool prints, come in for the spy today. So um, though there's no deviation level here on the spy, the two indices kind of move in unison. So the way i again i see it is this is a potential support once the market holds, it does a little higher low shift. Money comes in, so it is the nasdaq coming down to this level of support which, just in general, we find support in that area.

So, though, there's not a statistical level provided by the net or by the spy, there is one provided by the nasdaq. So for me, in my opinion, in the way i view markets, it would be this level is currently providing support into the market, which will also in a way provide support into the spy. You could say so it's at this point. The market finds some support, and it just so happens that the spy is at this price when the nasdaq hits its support.

So it's like the spy is using that support level, even though it's not presented on the spy, okay and um yeah, i mean that that, in short, is kind of what the the deal is now um, i don't ever yeah. Let me look at a couple questions here. Maybe uh can we talk about your hat? I don't even know where i got this. I think my mom gave me this hat, because she knows that she knows my mama knows that uh, oh wow, my thing was so big that you guys might have not seen a lot of that apologize yeah.

The hat. I think my mom gave it to me because she knows i uh pretty much rock anything for fun. So uh do i like dark pool program black box, so i do because you know it's like a fact check for me just like when you're in high school and you do some math problems and um. Eventually, you're like oh, got, ta double check the work, and then you double check to work, and so for me, black box stocks is really just there to confirm things that i already know um.

So here's the other thing too, is when it comes to dark pool activity. It has to be reported within a 24 hour period. So you know these banks and everything could have been trading here and you don't really find out till 20 30 40 minutes tomorrow that they were taking activity here, um. So for me it's more or less! I already expect the banks are going to trade here and then, when i look at black box stocks later in the day and they go oh yeah, they were buying there.

It's like yeah, okay, i figure, so that's just more conviction so that the days going forward, i can just point at specific prices and go okay. Banks will trade right that that's the concept um. So that's why in my morning, videos i pretty much just instead of giving you guys this whole sporadic analysis of if it breaks here and it holds, and we can look for a flag and if we do a ricky as gutierrez or low count. No just just just watch around here all right, just look at those points and you could literally sit on your hands all day.

Long. Do nothing and then just wait for it to go here and then be like all right. I think it's gon na bounce and just do a little dip buy sometimes it'll work. Great, sometimes it'll be a smidge.

Sometimes it won't work at all, but the concept is, if you just kind of sit, wait and you notice dilly dally at those prices that you know the banks are going to trade around you'll tend to be entering the market with smarter money, bigger money and things Like that and there's more to it, but that's pretty much it in a nutshell. So, oh yeah, sorry about that, my face cam covered it um. I wasn't live so i was only live for a little bit. So did andy.

Did you guys miss what i was doing should i should i repeat that nasdaq thing i know my face, i know my beautiful face was covering what was most important, but uh uh does worth to trade in this choppy market. So, regardless of how choppy a market is, there's always an opportunity, it's just the bottom line, sometimes it's harder than others, but i mean that's. The thing is, you know: even if a market is choppy, but you know something can happen, then there's always a way to make money um. You know some days i'll sit there and i'll try to choppy mark and it's like yeah.

I can make money no problem and then it's like one, dumb trade in a choppy mark and kind of give back, because the range might be small. So it's just up for debate. Some people will say: don't trade, a choppy market where others that maybe sell premiums are like. Please give me a choppy market, so there is always there is always an approach to benefit yourself and in one way or the other.

That's you know so it's. I guess. Maybe personal opinion: if you want to trade a choppy market or don't are you? Are we done with big dips uh? The reason i don't do lives as much is because um i mean it's just straightforward. It's i mean it does take a lot of effort to sit here in front of a camera and talk all day long about the same thing over day to a degree um, but i mean no, i mean i love doing it, but um, but yeah i mean There is effort you put in and there's reward out of it and youtube doesn't, does not give our channel the reward at all um.

You know so literally you know. If i, if i could sit here and stream and get you know, three four thousand views like other people, i probably would because then i'd probably make you know 25 grand a month and so it's like yeah. I would totally sit here and do that. But you know it just doesn't relate to the reward uh.

You know. So it's all good, but i totally love you guys. So that's why i come on and have these goofy faces with you guys from time to time, um yeah, so so the channel. So so you know i don't i don't want to say i don't.

I don't know everything. I really don't know everything you know if i knew everything and i was 100, i have trillions of dollars. This is a fact of the matter. I don't you know um, but one thing i do know is is from experience and research which you guys know.

I do a lot of on a day-to-day basis. You know i've just come to the realization that markets they markets, don't trade patterns. Okay, you know, contrary to what you believe, um, which, actually, by the way, i'm gon na delete, probably 90 of all of my old youtube videos, because i just know that they're they're, just not what you need to to learn so after being in the industry. For so long and learning some things that i know now, i know how the industry works and uh again um the most popular youtube.

Videos regarding trading will probably not be what's gon na help. You and i found this just from being in the industry for so long and then learning from videos from like other people, and so that's why i'm gon na delete most of my popular youtube videos, because i know that they're, okay, um but they're, not even anywhere Near to getting someone uh, that's gon na start trading or investing to where they need to be probably like at all like. It helps you, but not even close to what you need so um anyways i'll, probably be deleting like 85 of the youtube videos. I have online uh because i know they're not beneficial uh in the reality of it, so um yeah.

So that's going to happen so to tie that all into something um, it's a nice! It's it's a zero-sum game in the stock market. So if someone has to lose for you to win right, so if everybody knew how to win, it would be impossible for anybody to win, because then nobody would lose. So that is why you know that most of the best trading education or most of the information that would truly be beneficial to you is generally suppressed and hidden a little bit or it's very hard to find. Or maybe you got to tie together 36 different blogs and articles to get that little piece of information you want, because the public can't have it um, because if they do, then the banks can't make as much money off you.

And so since it's a zero-sum game. Um, it has to be designed in a way that not everyone can ever win. Theoretically, it's just not possible. It would be great if that was the case, but it's not so um.

I mean that's just the reality of the situation, so most of the popular stuff that you see online regarding trading, it's it's really not going to help you that much i mean there might be some tidbits in there. You can take away from it, but um and the only reason i'm saying this is because i've been in the industry for a long time and after doing what i do now and knowing what i know now, i know how little i or i know how much I didn't know long time ago, so that tells me that um, that's just it. You know it's just the fact of the matter, so i just know that a lot of popular stuff - that's gets pushed around in the market. Um, probably not the best for you, because again, if most people learn how to trade, macd's they're, probably going to eventually lose right at some point, and so that's the objective is to make that a very popular narrative so that people follow that.

That's that's the objective! I mean that's what i would do if, if i had to you know, run this game so um, that's my take on it. A little bit show um but yeah. When you were saying tommy, does the new channel set up so yeah like i was saying before i don't know everything, but just after doing this for a while, generally speaking, at least this can give you a pretty good representation of how markets will move. So what was today, there was dcfc right.

So let's take a look at dcfc for fun. What did this puppy? Do? I didn't even trade this one. I didn't even really look. I looked at it like for like 10 seconds today.

Maybe oh yeah, that's right! So this uh so yeah this did a parabolic break over a known selling area. So i will explain: you won't never anyways, so you see how the market squeezed here - okay, so this was a known selling location. Okay, average investor and trader has no clue why this is a known potential, maybe a selling area. Okay and the reason they don't know.

That is because you or me at some point we're taught you know: flag patterns and pre-market highs and whatever other so the reality is, you have uh. This is a known potential, high probability selling location, whether on a long play to take profit or a short play to enter all right. So now that you know - because i told you and in a second we'll make it more concrete as to why this is a known selling area, and you know that short sellers like to sell here now. It's no surprise as to why it blew up like that.

That was a short squeeze so well, why did it short squeeze like? Why were people interested in possibly selling there? Well, where is my other chart somewhere? Ah, there we go so this morning, which these levels may have changed a bit, but just know that this well hold on where's. That was yeah, so i'm gon na make it. So it's the well it's pretty close, but um anyways this. This blue line just just know it's typically an overbought level and a lot of people look to sell there well this morning.

This blue line was like right about here, so i'm just gon na map it off myself. So just know that this morning, price of dfc, whatever had gotten into a known selling location or just an area to take profit if you'd been long or an area to start shorting. If you wanted to enter the market and so tie that all together, you have people starting to bet bearish, because it's a higher selling area and then they get squeezed out on top of that yeah. There is a pretty decent like pattern here and a multi-day break up if you may so good structure, good setup.

Maybe some news involved tied into probability statistics and you get some people that were trying to bang a short down and they got squeezed out. That's pretty much the reason for the big volatility jump is good structure, probably some news. A lot of popular people trading it today, um on top of a known short selling location and the shorts were the ones that got beat so, as we had mentioned before. Since it's a zero sum game, the way that you make money is, you literally have somebody else lose money.

So today there was a bunch of people short and uh, pretty much we'll just say there was one guy who was short right. We'll say one guy was short today and uh. We'll say he lost a million dollars on this push his million dollars just got dispersed to maybe two, you know. Maybe a hundred thousand different traders accounts.

That was it, so one guy short, loses one million dollars on that push and it got given to a bunch of other people's accounts and they're all green on the day. Because of that that guy, which isn't just one guy, it could be multiple guys. But you know that's about how far you can start tying this all together at some point, if you want so yeah yep yeah, so uh rumor has you come back delete so yeah i've been, maybe some soul searching lately kind of doing my own thing having fun With it, the other thing too, is you know as you're teaching and educating and doing all this research it's hard to continue to grow yourself when you give so much time to youtube and different streams, and so you know it's been nice to just sit back and Actually study some more things and learn more for myself, because it's hard to continue to progress when you don't have as much time to progress yourself. So it's been a cool little down period for me and i've had a lot of stuff going on i'm in court.

Right now, my rental property is not going so well um, but still making money on it. So that's good, but could end up losing money as a result of all these court fees. So that's cool, so just a lot of different things going on for me, um. Let me read a couple comments here and it took you a few weeks to find me again.

Of course it did you're not supposed to see me online you're not supposed to see me. I don't want you to see this, and that is a fact. Okay fact: oh so yeah regarding elites, yeah pretty much in the future here i'll, probably end up doing all of our f, all of my future classes and mentoring and dark pool activity and pretty much anything i come up with, will probably just be presented to our Elite traders - and this this is literally unfortunately, where it's driven me um. I wanted to just sit here and stream with you guys all day to youtube and really just do that for free generate an income like.

I know people can um, but the industry said no. I said no conor you're not allowed to sit here in your sweatpants for free and predict stocks and tell people this for free you're. Just you can't do that you're not allowed to, and so again like. I said i've been in the industry for a long time.

Um, and so you know, the industry will help those that help it right and scratch. My back, i scratch your back right like that's the way it works so um, not that i'm amazing or i'm the best and hopefully one day i can be even better than i am, but let's just for a second right, let's see if every day you could Wake up go to youtube watch. Some dude in sweat. Bands predict the stock market almost every single day.

Would you ever pay for somebody service? No, would you pay for black box stocks dark proactivity, when i can tell you where the dark pools will be at before they even report it? No so eventually there does become a conflict of interest within the industry. So since it's a zero-sum gain and 90 of the people have to lose for someone to win, you cannot have someone providing info that can help people succeed like that for free. They just won't. Let you so um, that's why you saw my streams consistently get shut down.

I just why it's so hard for me to get onto youtube why our subscriber count is stated: 174, 000 for almost a year and a half now right. So when you just add up all these things makes perfect sense to me uh. So that is how the stock market industry works. I'm just trying to be completely up straight with you guys, um.

I can make tons of money by selling subscriptions. I can make more money selling subscriptions than i can from trading, because that is literally the nature of this industry. Okay, this is the way it is um, because trading is very hard, so yeah, that's that's the way it works. So when i came to youtube, i had cancelled all that revenue subscription just traded on my own and said you know what i'll just do it all for free here to youtube and i'll probably end up making back a good portion of that money.

Just by doing this live and guess what happened streams can't do it. I can't do it so now. You understand that is the full scope of this industry. So yeah do you have other favorite trading channels yeah.

So, like i'll show you one that you can learn a lot from but gets very minimal views because he uh knows how to predict the market fairly. Well, i mean he's pretty good paul asmar, so check this guy out. I think he was an old trader on the exchanges or something like that - maybe even a market maker at one point um, but you when you look at his video you're going to be like by gosh. I do not want to try to comprehend this stuff and so yeah.

This is going to be some stuff, that's above the average person's head to a degree because he's going to be speaking, lingos that you've never heard before, and so you, a lot of you, maybe have never seen stock charts like this. I have and i've considered treating them - and i might in my future - but you know um me, and this guy pretty much have the same levels right. We can talk about markets going to the same places. We have expectations of things we already know can probably happen.

So when things happen, it's it's we're not really confused about it. Whether or not you make money on it's a different story, but it's just there's a lot less confusion, so check out paul asmar usually does like a video in the morning a video in the afternoon. They're about five minutes long, so very digestible, but pretty much. This goes hey guys, we're in balance out of balance, you can expect moves.

Maybe down to here expect move maybe up to there and for the most part, they're, probably gon, na hit by the end of the day or next day. Something like that. So you could check him out. That's something that that's just a guy.

Recently, i've been kind of dabbling into because the things that he speaks resonates very very closely with the things that i speak. So i know that uh we fall in line pretty closely um but yeah i mean he gets like 56 views, but this guy will basically tell you where the market goes so um any hoosier yeah and by no means am i saying i'm the best. I am if i was the best i'd make trillions of dollars trading, which i can't so yeah, so you know like i said, but, as you said before, um like, like, i said before, i'm getting certified um. I am actually about to sign up for my first cmt exam, so eventually pretty soon here i'll be a certified man.

I'll say soon. I still got ta pass all the exams, but i'll be a certified cmt, which will be cool. Just just more knowledge on the market really buy. The dips chat, buy.

The dips chat looks like i just got back from mexico, yeah, so um. You know i there's 120 of you guys you guys are definitely of. I would i would, i would say the smarter bunch here um, but just to be completely honest. I mean that is how the stock market industry works.

Um. The goal is to get people in, they generally will lose their money like we all have at some point. Um you'll be directed in the wrong locations more often times, and you can count um and it'll. Take you a long time to get a lot of that information that you actually need, but once you have it, then it's very hard to get it out there.

So um. The funny thing is a lot of those a lot of those times. You see those ads on youtube and facebook, where the guy's, like. I got a strategy that i know the banks use.

I mean a lot of times, they're, actually telling the truth, because they do have something that is very, very beneficial, so beneficial that, even if they try to provide it to you free the information gets suppressed, so it never reaches the masses right so again, like you Have a hundred there's 127 people online with our stream right now? Okay - and this is again i'm just teaching how the industry actually works, uh from the education to the trading full way through. So you know i have 174 000 subscribers and there's 121 people watching. So that's not even one percent of my following right, so less than one percent of a hundred and seventy four thousand people will potentially learn what i'm teaching. Let's say that what i'm teaching will long term make you a very good trader.

That means only less than one percent from my following off of what i'm teaching may ever become a very good trader, which would then fall in line with the statistics that ninety percent of people fail, and only ten percent would succeed. Because again, if there is really valuable information which i believe i have and i'm telling to you, but only less than one percent of the people that follow me can find it, then that means 90 will stay in the dark and 10 will find out. Welcome to the industry so when they say it's crooked, it sure is nice um yeah. So that's the other thing too.

Is it's hard to put out information, that's about as in-depth as that i have and make it entertaining. So i have to put on hats like this and make jokes yeah so currently um. I am so the success rate. So it's hard for me to say, because i haven't archived enough data so actually um.

Where is this piece of paper anyways? That is something that i'm working on. I'm gon na try to work on. Basically, you have to know that this is probably gon na end up being my life's work. A lot of the stuff you guys see will probably be my life's work um, which i'm assuming could take a long time, because there's nobody that is willing to tell you it, and if there is i'm sure youtube is suppressing it.

So i would love for, like you know, jp morgan and goldman sachs to tell us how they can be green 297 days. Out of you know, however many trading days, and you only have three red day you know, but they won't can't give you that right. So anyways i'm archiving a lot of data, so i am uh i'm trying to. I guess you could say quantify uh the data in a way that um is always repeatable, which i don't know if you can for sure ever do that 100.

But as of right now, i'm collecting uh data on a day-to-day basis and saying okay, like, for example, i'll give you an example of something i'm looking at right now or like doing uh ever so slowly and i'm assuming i'll, have to i'm gon na try to Do it for at least the next two hundred and however many trading days are in a year that's 252 or 256., but anyways i'm over 256 days, um going to be uh archiving some data, which basically is this um, which i have no idea, is going to Be correct, that's the that's the shitty part, but i also have a friend that i've failed to reach out to recently. I know he's probably still waiting charles if you're seeing this your name, charles, you know who you are, i will contact you where we might be uh. We're gon na put a lot of this info into um, basically try to quantify it into statistics and more, but anyways make a more particular success rate, but here's one of them tracking uh. Basically, the first attempt at statistical levels for the day so like here you can see we we came into it and we bounced away right.

So what is the probabilities? You know what is the probabilities behind the market, whether it be the spy or the nasdaq reacting in a positive manner, to like your position, you know if it was long or if it was it doesn't matter long or short. What is the probabilities, uh or slash outcomes of that event? You know on first attempt, so what i mean is market opens goes to our statistical level uh first one for the day. What are the probabilities of a bounce and vice versa, markets run into our first probability level. First time for the day, what is the probabilities that it turns into a short so over the next year, i'm going to be archiving data in a way that hopefully can be structured to you guys better than just a couple of youtube videos here and there that Will have statistics behind the probabilities of an event occurring within a given situation that sounded really confusing, but all it is is basically me figuring out.

How often does that bounce turn into a successful bounce and then like how much you know and all those things and whether or not i can figure it out fully on my own, i don't know entirely, but i'm trying and i'm working with the guy, who will Be working with the guy a little more so on that, so that's something i'm doing behind the scenes that you guys will know more about when the time comes, but like um, here's. The other example go back to yesterday, so right mark it open first attempt. Actually, i can't say that that deviation was there for sure. Yesterday it wasn't, it was a little.

It wasn't totally there that one shifted a little bit, but it was close, but here's another example right, like first attempt into support or deviation on the downside, bounce right. So, like that's another example right, so first attempt you know so like what are the probabilities of some sort of outcome. Favoring you in those events, so those are things i'm looking at a very intricate detailed, uh basis if you may yeah so i used to so it's not that i stopped um. So i can tell you that last year, um was kind of the first year that i really started to understand the ebb and flow of the penny stock market.

I always thought i kind of knew it, but i didn't and that's another reason why i'm deleting a lot of my old videos, because i know they're, just not truly. What's gon na get you to where you need to get well, some of them are but um but yeah. So so you will hear people, not people. You'll hear more experienced traders tell you that sometimes a strategy will work, and sometimes it won't so shorting penny stocks did work well at those levels and then they didn't, which just basically comes down to the concept where it's like.

Oh, if everybody's doing the same thing, it doesn't work anymore, and it's not that that's the case. It's just when everyone starts to do one thing more, so then the algorithms in the market flip to take your money, try to convince you that what you're doing is wrong, but in reality it's right. So you'll hear some traders talk about some things. You used to work some things in so shorting penny stocks at those degrees they do work, penny stocks go up and they go down, but in the penny stock world a lot of the um, the participation is retail investors.

So when you have retail investors participating in the penny stock market, they from their experiences and perception, they will see penny stocks explode. They will also seem to crash. These events will shape a traitor into making different decisions. So for two months maybe penny stocks work great.

On the long side, and then they start going short or they start crashing and he's like. Oh the longs, don't work, so i start shorting right. So then everyone starts to short right and then the shorts start to get squeezed. You know what the hell and it's because in a nutshell, the algorithms shift right.

So they know that everyone's getting too long bias now we'll run them down everyone's getting too short, biased. Now, we'll squeeze them up, so the markets do go through an ebb and flow, and it took me a quite a few years to figure that one out um, you know, and the way that i eventually got to figuring it out - was by participating both sides of The market some people say they're only short, some people say they're only longs. I just like knowing a lot about a lot, as you can tell so i did both long. They did both shorts and i can do them both um towards the end of no into january last year.

It was it was january. I think january area is where, like the gamestop amc saga thing like really kicked off, so at that time we had this massive influx of who i don't even know who, where or who half these people were coming into chat rooms and and wherever um but anyways. We had all these uh, this crazy volatility january december of last year, so a lot of the short plays i was in, they didn't work so well, they started getting squeezed, and so it was that moment where i said: okay markets go through ebbs and flows. People get too short marco's going to squeeze he's going to do the opposite right um.

So it was that point where i kind of laid off on the shorts, because the volatility was a little higher than my liking want to wait for it to settle down this year. I haven't even really touched any penny stocks, because all i've been doing is just watching the penny stock market to track that ebb and flow, because if you are actively participating, you can't digest as well sometimes so this year, i kind of just sat back said. I'm just going to dial in the nasdaq and the spy, because those will always trade every day, and if i can really dial those in uh for myself, then i can always have an instrument that i'm comfortable with on a day to day. I don't even have to search for anything um and then also for anybody that i educate or teach in the future um.

You know i can provide you guys with the s p, 500 and nasdaq and generally give you reliable levels on a day-to-day basis and whether or not you make money totally different story, but should be able to provide you with the levels that are high probability. Areas from there you just got ta, not be an and blow your account and leverage up to the tits and do dumb right so um. That was my objective. This year was to really dial the s p and the nasdaq, which i think i've done pretty decent and while, at the same time, uh doing more research on the ebb and flow of the penny stock market, which i can't say.

I know as much as i know, the s p and the nasdaq and this thing should be over here. I'm sorry. The the volume probably was terrible on that so yeah, that's kind of what i've been doing so um, so yeah, just learning more of the ebbs and flows of the market. Um it's been yeah, it's been good, yeah for sure so yeah i mean.

I hope you guys know that i literally sit here for hours and hours in hours and i study all this stuff um. You know in something i actually read. Well, not something i read you guys have read the book for mark douglas. You know the more and more i do this.

I wonder to myself, because i have never made it big time. Like some of the other trailers in the market. I've had my moments. I've had my moments where i crush it.

Then i've had my moments where i don't crush it and uh. You know it always reminds me of the trading in the zone book by mark douglas, and he says you know there are some traders that do have the knack to be ultimate goddesses at trading and then there's others that are always going to be better analysts than Traders - and so i'm in this phase, where i keep keep debating with myself, if i'll ever reach that pinnacle or if i'll, just kind of be in the mean of traders right and so anyways. That's where i'm at in my uh my career, is that i am definitely at this point would be considered a financial analyst based on the things i can do also because i'm getting certified, but i always go back to the book trading in the zone by mark Douglas which, which he does say that you know you can be a fantastic analyst, but trading is about the mind right, so i'm also in a spot where i know my analysis is just outrageously good, but now i'm also kind of taking a step back and working More on the mind stuff, because i know that's just where i'm currently at thought - i was good with the mind stuff before, but it's not even remotely close to how good you can get. So that's a portion of where i'm at too personally yeah just got home from leg day very nice, so um inconsistency, yeah consistency's no problem.

You know i mean i can literally go in the marketplace: yeah we're probably going to bounce here and trade that right, but at the same time, um over the past year, i've really been trying to capture bigger moves, and so a lot of my approach has been A lot of testing over like the last year to six months um, so i actually haven't been as consistent as i used to be because i've been trying to just do a lot more and learn a lot more, which has led me to all of this. I'm sure um but anyway, so so that's really where i've been at for a long time, past six months here, um yeah, so yeah i mean i can. I can trade this market up and down and back and forth like yeah. So i really haven't had a problem navigating this market throughout the past um past couple months, because to me it's not easy, not easy, but it, but in my whole heart of opinion, there's only so many outcomes the market can do right.

The market can go like this all day right, but it can only go to one of two places right so, along the way it's gon na do this right, but there's really there's only so many places a stock can go on a stock chart right, there's only So many places it can go up down and moving along the way up and down right, but theory it can only go up and down right. So for me, it's just taking areas of interest, putting them on the chart and going all right. I don't really give a if it goes up or goes down, but when it gets to there that's an area of interest and that's it so that can kind of allow you just to sit back and go okay like today, i didn't even touch the market. I missed this trade but think about it.

You could have sat traded. None of this move, i'm just waiting for it to go there and go all right if we start to bounce here and things look good i'll, go long and then you're into a winning trade. You could have sat and held and whatever right if it broke below, you could have said. Okay, well, stop out so you're long here stop out below there, which there's more to it than that, but that's sort of the very basic concept i thought amc was going to 100k yeah.

I thought amc was going to a hundred thousand too oh hundred percent. The big guys are listening to me, no doubt they're. Listening to me, i yeah i mean i know. I know the banks watch my stuff.

It's it's not a surprise right. I know that sounds cocky, but it no. I mean they do it's just a fact of the matter. I know whether it's them watching me or it's me, knowing where they're at it doesn't matter we're both in line.

We both do the same stuff right that this is literally why this is. This is literally why my youtube channel doesn't grow anymore right because it has gotten to a point where i have boxed the market in well enough that i can show you the bank's hands right to a degree, and they don't want you to know that and uh. So anyways enough of the oh, i know this and it doesn't matter it really doesn't matter, but um. All it comes down to is finding areas of support and resistance and where you think, money is going to enter and flow into the market right like for right now, right, someone in the market is going look at this flag pattern right, and i used to do This i used to - and i thought it was the right way - look at this flag pattern like that you're supposed to no you're, not you're, not supposed to trade that no today, you were supposed to watch for a dip buy in that area, and this dip buy.

Has a max potential run on the nasdaq to there? That's it. This structure can fail and we can go right back down. That can happen too, but that's basically the concept and you hope that a pattern forms along the way and some retail people come in and juice the price up for you and then you start selling along the way right. That's what you want all right.

So patterns are an area where you know retails involved, not all the time, but you know that when you go on the internet, 90 of the education you see will be stock trading patterns. So you know, 90 of the retail market is involved there right. So again, that's how the industry works uh. It would be.

Let me put it this way. How easy do you think it would be for me to convince someone to pay for a subscription and and get involved in trading? If i told them that you have to learn all the probability statistic levels on the one year, six month daily this level, this level some will go holy man, that's complicated. I can't no way can i do that right, you're never going to get their money in the market, but what if i uh make an advertisement like just learn two simple patterns and you can be rich now i got your attention. It seems easy, just a pattern.

A little triangle got your ass swooped, his money into the market. It will be an endless perpetuating cycle of this till the day i die. The stock market is a business and it's an industry. Okay, the um, anton crelli or crilley.

He made a video about people like me: uh call them charlatan, educators or something like that. I can't remember the exact name, but he goes on to say that basically, the stock market needs people like me, or ricky, gutierrez and ross cameron or trading to educate people on patterns and this and that because without them then there's no new people to get in The market and he is 100 correct - maybe not on all aspects but no 100. True, undoubtedly yep wow. Look at that pattern.

I thought it was a bull flag. Don't trade the pattern bro, i listen to bloomberg radio every day at fedex for a while and ever since you started standard deviation. I now mention the word deviation at least twice a day now on radio figures figures um bill perez yeah. I'll, probably i mean i'll probably try to post some things here and there um, i don't ar.

I don't know if it's a coincidence, i i can't say for sure, but i know that um there was um. There was someone in our discord that was reading a book. I think he was reading the cmt book and uh at some point in the book. There's a guy named connor he's talking about statistical deviations and someone said: is this destiny and i'm like? Maybe it is? I don't know so um like honestly, i could probably write a book about this and probably probably wouldn't become famous for, but you know like that's what i mean.

You could probably write a book on all this, but uh yeah, so cool stuff, fun stuff. By the way i trade at fax, who should an ideal rr should be on it. I don't even i'm sorry slick, i really don't. Oh, what's your risk reward be on trading pattern, so here's the deal um.

What i'm going to tell you right now may shatter your belief about the whole world, but there is no managing risk on a pattern. In my opinion, yeah so um again, most people are taught to manage risk by hey. You know profit target here and 20 cents below this. If you're gon na make a dollar totally true, you have to have a proper risk to reward ratio long term it all makes sense.

But again, your pattern does not dictate a future move and your pattern does not dictate a reliable area of support. Theoretically, so, for example, let's look at this market from yesterday. Okay, this is a break up. This is a pullback into support that right.

So this dip yesterday, where let me zoom in and let's go to the spy, because it's a better example, give me one. Second, i got ta double check, my email because i do have a meeting coming up, but i forgot what time that's gon na be at one second: okay: 12. 30.: all right: cool um! I look like christian bale, so yeah um. So, looking at the day, yesterday, okay, so this level is a breakout.

This was a retest of that breakout, so, while the whole world is panicking down and selling, i'm like oh well. This is just really coming back into support from the previous breakout. So this move right everyone's, like oh, my gosh, the market's dumping. It's like that's just realistically a pullback to retest the breakout.

That's it okay! So, in terms of managing risk, the way i view the market would be if we come to our support and it holds and we break up and go this way. The best case scenario for this trade would be to here until we go through here, and the market does whatever so again to me, the market trades in quadrants from levels to levels, statistically speaking so, statistically speaking, if we hold here, the next statistical level would be Here so from here to here, what is that so from there to there? That would be a move of we'll just call it. Well, it's three we'll just call it four bucks. So this is a move of four dollars.

Okay, so where would my stop be? My stop would have to be. Obviously if i want to do one to two, it would have to be two dollars below that. So let's say it's at 48, so that means my stop would have to be at mother trucker 46, which is all the way down here. Wait did i do that wrong? 46 yeah well kind of because it's not really 4 but we'll just say it was 4's closed like 360, something, but so by getting along here to me, the best possible scenario outcome on a long max target for now would be to that level.

Therefore, i shouldn't risk anything more than two dollars below that. Theoretically, so that's how i would measure markets and calculate potential risk, and even then i may not risk two dollars right, because i already know that if the market goes below this point, that's a break down. We could come back up and reclaim it at that point. That will be a higher low right, so you could get long here.

Targeting here goes below you don't have to risk all the way down to here. You could just stop out and go okay. If we get back over and reclaim, then maybe we'll go back and that would be a high or low flag off and the only reason i know that is because i've been in that situation, one too many times: um nick, yes, you're, absolutely right! The banks, the institutions, have the money um, they can promote and push narratives. Just like mainstream media.

You know it's funny. Actually, the mainstream media is starting to kind of like backtrack their whole idea of like vaccine mandates. I think i read something about that, and so i don't know like a couple weeks ago. They were telling me we should be vaccine mandate to save everyone's lives and now they're kind of backtracking.

So it's now people's lives, not important. It's it's just a joke. This world we're kind of living, it's just a joke um and it will probably continue to be one to a degree for a long time. At this point long time so anyways um, i yeah - i mean i don't really know what else to say.

Yeah patterns are not how you're supposed to trade they're. Just not patterns can have outcomes that lead to profitability moves, but long term doesn't work. I know it doesn't um here's another one. So look at this pattern right.

So right, look at this pattern head and shoulders. So if you traded the breakup, let me let me explain something to you: okay, the head and shoulders pattern. The weight is taught by investopedia in most is that you're supposed to short below the neckline? That would be the neckline right there. Okay, so as you're panicking and selling down short, the move is just going into a potential support, doesn't have to be the outcome all the time, but in this particular situation you have a retail investor.

Looking at the market he's going to do a head and shoulders short, okay he's been taught to short below the neckline. You know as well as i do. You will not get filled with the neckline you'll get filled down here. Okay, you don't know that, if you've never traded before welcome to the auction market, okay you'll get filled, probably a little lower all right.

Well, once you short the neckline, how far is the move supposed to go? Who tells you that they don't they've, made up some rules and some other along the way? To probably try to convince you of some that i don't even freaking know i mean you could look at point-and-figure charts. I know you could look at point-and-figure charts and get a guesstimate of uh the length of a move. I forgot that one that one's in my cmt book there's some stuff. They teach in the cmt book that i'm just laughing like it's just such garbage um and the funny part is it's it's what's like has to be taught for somebody to get so anyways um.

You would be taught to short the neckline here, so you get short and it's going down and maybe you take profit, maybe you don't, but one thing's for sure. If you're trading patterns, you have no idea that this level exists and it can be a potential support and then you get ripped to high hell, but they told you short, the neckline short the neckline folks short, the old neck or you'd been taught to believe that.