NBB Trader Part II: This ICT Strategy Will Change Everything! | WOR Podcast - EP.118

No matter how good the setup is, it's in the end risk management that handles everything. I see some people; they have different technical strategies when they're in a drawdown. Do you know how ridiculous that is? The only thing that you're going to manage is just the risk approach. This is a retail concept, like people going to lose their [ __ ]. I took that from a retail guy that I, I'm in a chat with.

They really use [Music] like, "Hey guys, before we get into this incredible episode of words of wisdom, I want to let you know how you can get a free trading plan. Very simple: go in the link below. You're going to see two links: one for Telegram; there you'll get free mindset hacks, a free technical course, free updates, and polls on the podcast. And then the other link is our new email newsletter. Click that link, sign up; you'll get a free trading plan PDF sent directly to you and get incredible value all week long. Let's get into this episode. Welcome everyone back to the Words of Wisdom podcast, the number one podcast in the trading space. Thanks to all of you and our incredible guests. What we try to do here is get you as much value as possible from your traders from across the world, the best traders in the world, and uh, to get you profitable, consistent, getting capital, getting funded, whatever it may be, progress most of all. And the way we do that is have incredible guests, like I said. So it's a, it's a great moment today, great moment; it's been a long time coming. You've been requesting this for so, so, so long, and we finally have Mr. Omar MBB back with us today, and along alongside him, Five, the mentor and the student. It's incredible; it's going to be absolutely incredible.

Well, Omar, we'll start with you, of course, which is, where have you been? You know what's the craziest thing about it is I think it's because of my lack of like social media presence. I've done the same thing since the, the first episode; it's just uh, I just think I didn't really capitalize on the social media aspect. I don't really plan on to, but yeah, um, I, I get the odd message here and there, like people find my Telegram, my username; I don't know how. I think from my Twitter. Oh, that was you and R's podcast. And then a month later when I get back to reply, like, "Oh yeah, that was me in that video," and then the conversation ends. Literally, it's incredible though. I know everyone's always asking me like, "What's this guy's Instagram?" I'm like, "He doesn't have it." You know what is, I have an Instagram, but it's like, well, I don't even have it anymore, cuz I got a new phone and I don't have that login. It's a whole different number. I had one, but it's like it was just like a personal account. I don't have like an MBB uh, even Twitter. Look, my Twitter, yeah, look, I, I still even got this; I already showed you, even my Twitter, I don't even, I still have the Bird app; it's not even, it's not even X. Yeah, it's not even X. I still have the Bird app. I don't really, "You got Twitter, mate? You hacked it?" Yeah, I'm not really one for social media, man. But where does MBB come from? I don't know if I asked you on the last one. You, the craziest funny thing is MBB was, uh, my PlayStation clan tag. Always the PlayStation; it was a PlayStation clan tag. I don't even remember what it stands for. I, I remember a friend had it, and then um, I had it, and they just kept calling me MBB.

How does it feel like everyone calls you MBB? They just call me MBB now. Yeah, even people now they call me uh, MBB uh, some I've got recognized like in like um, the gym before, and someone came, "Are you um, MBB?" It's just so weird, like I just forget, like I'm like, "My name is Omar," and then um, I was like, "Yeah, that, that's me from the podcast," and then yeah, just start speaking trading whatnot. How does it feel though to see what happened? Like, we, we didn't know, like this is, this was my, I'll give you my perspective, what happened on that day, yeah, or that, that week. I remember I did the Raja episode; Raja shat on SMC, right? Amazing episode, did it really funny; everyone was like outraged, right? ICT tuned in; he was like, "This guy, I don't know what he's talking about," etc. I remember you DMing me, or you DM'd me once or tweeted me once, saying, "Let me uh, represent ICT or the smart money community," and it was like, "I don't know who's this guy; I don't know." Yeah, I left it, and then loads of people started uh, tweeting me like, "Get Omar on, get Omar on," and then I remember you saying, "I'm in Dubai at the moment," and I was in Dubai at the time, obviously I didn't live there; I still don't live there. A lot of people think I don't live there, as all people think that I live there; I don't live there. I'm from London; I don't know why is, do you think it's because we take pictures of it and everyone's like, "That's it." I don't think I even have a picture in the back. I think it was just that podcast, probably. Yeah, we're both in Condor, but um, but anyway, you said you're in Dubai; I was in Dubai; I was like, "Why not? I'm in Dubai; why don't we just do it?" Yeah, what's the worst going to happen? We just do it. So we book it; we do it, and then you were running like late, yeah, and I was getting pissed in my head; I was like, "Who is this guy? He's late," and then I also assumed that cuz I was outside the studio and there was like this curtain was drawn; the door was closed, so I thought they weren't there, so I was like, "He's late; they're not here. [ __ ] this; let's just cancel it; I'll go home." That was my mindset; then you turned up, and then I, then I found out the woman was inside the studio the whole time as well. Okay, let's just do it, and then you probably, if anyone goes back and watches, you'll see my face; I like that in the beginning. I remember from my perspective, yeah, um, what was it? Something made me late; I don't even know what it was; it wasn't, it was traffic; Dubai traffic; it wasn't even Dubai traffic, bro. I don't even know what it was.

I mean, you injured himself; I remember that. Yeah, oh yeah, oh my God, if he's watching this, I say his name; we went, we went the day before, yeah, we went quad biking, yeah, and um, I was at race, me and um, never, you know, you get Junes in it, and I'm hitting the June; I'm hitting it fast, but I'm breaking on the top of the June; I see him; I look to my left; I see he's full throttle, and then I go over the June; I see him; he's over the thing; he broke his hip, I think that's what Del me, but then from my perspective it was like um, we went there, and I had no following; I didn't have no nothing; I think I had like 1.3k followers, yeah, uh, that had not like really nothing, um, and then we went there; yeah, you were pissed; I could, you know, you could sense the guy's energy, like, like I could sense the energy, like, yeah, he's a bit pissed, and then speaking, and then I think it just blew up because it was like um, cuz everyone speaks about smart money, but you know like no one really talks about the stuff that we were speaking about, like actual like who can be potential smart money, like uh, like the people behind it, you know, who, who's actually the, who, who's playing the game, like who, who's the participants of smart money, not really went into that stuff. And even something like now, yeah, like you know a lot of uh, time-based things have come out since then, uh, like one thing that I said was like the 8:30 thing, and that's the real thing, the Fedwire injection, that it's, it's on the chart; you can see it 8:30; a lot of intraday setups come from there, but I think uh, some people take it too serious now, man. Some people went like um, you know, there's like this uh, timely courtly Theory thing that is uh, I think that's a load of nonsense; uh, if it was that easy, like it's just a power three given, um, they call it AMDx; it's something from ICT's old forums in it, M and um, they say, "Oh yeah, you just need to split the times up, and then in this time window you get accumulation; this time window," if it was that easier you'll get like five powers; you can clean up in every single day, but it's not like that; like you can, you can definitely uh, predict an AMD if you know where likely candles print is going to go; that let's say 4-hour is going to open; it's coming from um, sweeping the previous week side one candle wicks, and then the next one's going to open; you know that's going to probably trade lower, right? Then you know you can get more accumulation; wait for run higher then lower for the me of the full hour; that's when it's useful, but these people going in just time of day accumulation, you're going to get slaughtered on the chart, man.

Do you think like the, the sale of certainty is what they go after is like, okay, we have this such intricacy on time, we understand the time so well that it's as you say, it's like if you, if it was true, you'd be cleaning up 24/7. People got the wrong, they're chasing the wrong thing, man. And I made us, I think I made a post; I think this was my last post I made on Twitter before I don't really use the app anymore; people are treating trading like it's like um, I don't know if you ever play Call of Duty Zombies easter eggs, yeah, like you know, like it's a proper complicated; you have to do this step, and you get to like a boss battle, yeah. I was like, "People are treating this like as an Easter," like ICT's technicals, they're complicated enough, but people are just overcomplicate, cuz the thing is, right, you're trying to make uh, a trade plan, an approach to trading in the most simplistic form. You've got quirky kind of sells, but simple doesn't, but it simple is the most effective thing, but when you tell people it's simple, you know, trading already, people think it's complicated, so when someone comes into trading and they hear something that's simple, they're think, "No, this guy is just, he's just talking," when they hear the complicated, "Oh yeah, this guy, he knows what he's talking about, cuz I'm going into a complicated industry; he's talking all this complicated stuff; he's right; he's wrong." It's not really though, cuz when you come full circle after a year or two, you'll realize, "Oh, you know what it is, like it's as simple or as complicated as I want to make it." You see my point? I see your point 100%. And I think it's a, it's an interesting point to make because as you say, most people fall into that trap, and I think they fall into it more and more, and I think it's part of human nature; that's why like it's like, what has a good salesman done? It plays into what you want to hear, what you want, or what you think you need versus what you actually need, and therefore by telling you like, "Here, here's this complex system that allows you to unlock the code of the market, and therefore you know everything, right? You know the exact time a trade will take place, and a movement will take place, and you'll know it from the higher time frame all the way to the lower time frame." I get it now; I honestly get it, and we see it unfortunately, like don't get me wrong, I also see people when they respond to the people who sort of, sort of promote these things, they respond, well, they're like, "It helped my trading," and it doesn't necessarily mean that something could be untrue and it can't help a person, which is a weird thing to say because you wouldn't expect it, but I think it's because sometimes people can kind of have um, reinforcement, even though something might not be true or right, it's just because they've had this reinforcement from someone; it's just giving them a bit more confidence in the market, and that's where that feedback comes from.

I, I think you know what it is with all these new concepts coming out on Twitter whatnot, right? You see there's a new training strategy coming out like every other day, and by the way, if someone's coming out with new trading strategy every day, it means what they had before clearly isn't working; it's a telltale sign; um, it's just a, it's just an ego battle; it's just a muscle measuring contest, like, "Oh, no, your one's crap; my one's better; no, your one's crap; my one's better; oh, what I had before is not as good; I got a new one that," but this because people think the edge is in the technicals. The edge is not in the technicals, cuz I, I made, I made this argument all the time to people; if the edges in the technicals, right, look, there was um, I was watching the Joe Rogan podcast; that was a a physician on there, and what he said is he, he, he nailed the nail on the head; what he said was, "Everyone can become a um, a top-level coder; everyone on this planet has a capacity to do it, but now some people they will get faster than others just because academically, genetically they're a bit smarter, cognitively they're just more ahead," uh, the people that are slower, it will take them longer, but they'll get there. You can apply the same thing to technicals; anyone can learn all of the ICT technicals, yeah, but not, not everyone will have the same uh, results because it's like this, right? So you can take Arnold's gym plan; you won't look like Arnold; anyone can take uh, who's the new Chris Bumstead? Anyone can take his gym plan; anyone can take his diet, but you're not going to be the animal he is in the gym; you're not going to have his discipline when he goes home and eats. It's like this, like I'll use my cell phone example; I know most people they can't be as, as cold as me when I take a loss or a win; like that's what keeps me afloat; like I know when I'm going to mess up; I know exactly the days I shouldn't trade; I know what the daily chart looks like when I should avoid it. Trader Dante, I'm a big fan of his, and I know it's kind of crazy because him and I are like arch-rivals, but he has a thing; he, he says his edges; he knows when he's one step away from being a [ __ ], and he's like, "Your problem is you think you're one step away from being special," but that itself, just knowing that one thing to like dodge all that potential damage that you're going to incur from taking that shitty trade; that can be an edge just in that; it's just, I think it's the mindset; you know, people, they're not critical; they're not; they got technicals, and that's, that's where it ends; there's no other substance there; there's no critical decision-making; "Do I need this trade? Is a better trade setup going to come? Where am I on my challenge? Can I, you know, like, can I just wait for a better day? Where am I in the week? Is it Tuesday? If I let this Tuesday candle print, is Wednesday likely to give me a potential better trade setup?" That's like now, I'm, you're starting to go from an okay trader, like an average, I say that's an average, right? Technicals, no technicals, your average; it's when you can apply that type of approach, yeah, that process, like that critical decision-making, that's you're going to cross the bridge; you're going to start getting better; that's when good things happen. Like from experience as well, one thing I you touched on earlier in terms of the switch, right, right of strategies when we spit, you're doing power three, yeah, is that still the case? Same thing, so now I, I, I was day trading, right? I've been swing trading for like the last year; it was a hard switch, but now I'm kind of in my element, so what I do is, right, so when I was day trading, simple, I just bumped the time frame up there, so as a day trader, look, even this, this can turn into like a long, long conversation, like you see people don't even know what their goal is in trading; as a day trader, what are you trying to encapture in the day? A full hour candle's expansion or the meat of the daily expansion? But people don't, that people go there with my model, my model, my model; what are, from your model, what are you trying to accomplish, right? A two to one in one day, just what, like this is what I'm saying, so when I was a day trader, daily candle, and I need to nail that print, so what I realized was why I made a switch, and people that follow me online or whatnot, if they do, they know that I, I'm good at nailing where the next daily candle can go; now I can't nail it all the time, but um, when it's predictable to me, I can nail it most of the times; like I, I don't really get it wrong when I have a go at, at deciding where it's going to go higher V lower, so as a day trader, I was using a daily directional bias, and I was 15-minute from the opening price; I'm trying to get manipulation above it if I'm bearish; cut through it, and then I'm waiting for like a fair value gap, optimal trade entry; I'm literally waiting for an optimal trade entry; if it comes, it comes; if it doesn't, it doesn't. Now when I'm swing trading, I'm entering on the 4-hour daily, and I'm trying to capture the weekly, monthly expansion; it's a bit tougher; the thing that was tougher is you see, right now, like currency, I don't know if you checked the high time frame; it's like choppy, so I had a big, I had two trades that were going so well for me; it was a UKAD long and a Euro USD short; I think it was like two months ago uh, or a month ago, and um, well, I don't know when this is going to be posted, and then um, it was going so well, and then CPI, and when you swing trade, you can, you can afford to hold through these um, you kind of need these; you need these big events to be honest because my stop loss is like on average like 40, 50 pips, so what I try to do is this, right? The next day is open; I'm hitting it; if I'm saying if Tuesday swept Monday's low, and I'm, I'm, and I'm assuming it's going to be a bullish week; I'm hitting that Tuesday, Wednesday open; my stop is going on Tuesday. Now this is, this is the catch, right? And this is a retail concept, like people going to lose their [ __ ]; this is a retail concept I took from a retail guy that I, I'm in a chat with.

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Yeah, talking of group, which is interesting because obviously that's why we have Five here as well. I've had the pleasure actually over that year, so going back to my perspective very quickly is like we did that episode; I was pissed at the time; I thought, ah, it was a great episode though. I remember when we were in it; I was hearing you speak, and it was, you know, a lot of certainty talking on topics that I haven't really spoken about before, and then when the episode released, it was just insane; it was like the craziest thing I'd experienced; obviously the channel started to really grow massively as well off the back of that; constant feedback even to this day about MBB, get MBB back; that episode has changed my life; comments always coming in consistently as well, and that's one thing that's incredible on its own; obviously the impact it's had just on social media, but then during that time obviously I, it's met Five; I've met Diego; I've met um, Riyad, all of which are your students, so it's been quite the journey even just for myself as a spectator, and then meeting people off the back of that who've been through your community, which again, you never pushed on the pod; you never pushed on social media, and you're not even a social media guy, and yet the impact you've had not only in terms of the views but then also people who've actually come and learned from you, and then them getting considerable payouts and consistency; what would you put that down to? I don't accredit all of it to myself; I wouldn't even accredit 50% of it to myself; I credit it to them, man; like there's been, I've had people come in and go like, honestly, I've had people come in and go uh, I've had to make it kind of harder to get in because I, I, I don't have to deal with like uh, the average; do you see my point? It's not, I'm not saying, "Oh, I'm some so great; how can you," it's not even that; it's just, it's a headache; it's a waste of time for me and them; you're wasting your money; I'm wasting my time type thing and my resources, right? Um, so yeah, they like the ones that you mentioned, right? So Diego, Rad, Five; there's even more than that; um, there's people that, so those are the ones that done the prop firm interviews, right? There's some that have denied the prop firm interviews, but one thing about them is like they're relentless; like do you know what I'm saying? They're relentless; like all of them taken their own setbacks; um, I've spoken to all of them; I know they've all taken their own setbacks; they've lost funding; they had to get funding back; MFF hit Riad hard; I remember when MFF went down; he messaged me that, "Bro, I literally just got fed with a max, and it went down." I remember, remember that; um, but they listen; like some people come in and they try to say, I'm not saying like I know better than you, but I'm saying you're coming here to kind of take away from me, right? I'm telling you do it like this, and you're doing it like that; what you know, like it boggles my mind; I'm saying like, so we have like a structure; it, I'm saying you need to do one, two, three, four, five and six, MH, and then we can start working.

Properly, we'll start making a plan together. I'm going to tell you exactly what to do, and then, um, the specific back test, whatever. And they can't do that. I set it like I'm, I'm proper on it, like I have homeworks, and they're put in specific places in the thing. So when they come to me and say, "I'm there," I'm like, "But where's the homework?" They can't cheat it. I promise you, they can't cheat it, 'cause I say, "Where's the homework?" There's one homework, and it's so long and it's tedious. It's, you have to go—it's Chapter 3, Lesson 2—you have to go and make an Excel sheet for how many times, uh, the high of the week and the low of the week was made: Monday, Tuesday, Wednesday, for the whole year of the current year. We're in '23 to '24; back then it was '22 to '23. And that's a long homework. You have to go back, and you have to see each time what day made the high of the week, and then make percentages, and then make a conclusion of how this can help you. And what you'll see is that the higher of the week on a bearish week usually comes in early: Monday, Tuesday, sometimes Wednesday. And then you have to make a comment on how the economic calendar can help you. You see this stuff? People that make it past that—cool, like you'll get somewhere. You got, you got work ethic in you. Some people skip it, and I just told them, uh, "I've cancelled you on the next billing. That's it." And there's no two ways about it, like it's not even like, "Oh, give me—" No debate, because I make it clear like from the start. I send—I have a voice note I send to everyone: Don't skip, don't do it, like it's not, it's not worth it. It's going to leave gaps in your knowledge. It's—you've heard the saying, "You pay a rubbish builder once, you pay twice," yeah? You've heard that saying? Yeah. It's like, if you do a poor job once, you're going to have to go do it; it's going to take you twice as long, three times as long. I've told people, "We go—you're going to have to go redo it," and they're going to hate me, and I say to them straight away, "I'm going to tell you right now, you have to go and redo it." If you want to leave, but me—I get it. Most of the time they say, "No, I'll go redo it." If I'm being honest, but you get some people that just—I don't really know what they're trying to get out of it, isn't it? They're just trying to fast-track.

Five will come to you now, so apologies, and we're just catching up there. Yeah, but Five, like you've been through, through that journey, then I didn't know about that. You didn't tell me about this homework and this, uh, to do a few in my time, man. What was your feedback process, seeing that though? Because obviously it's not usually the case. I, to be fair, I don't know many—I know yourself, I maybe, maybe one other person who does that, like has a, has a bit more of a homework-like feedback approach, um, or making the students actually give work and show that they're doing the work versus just, "Hey, watch some course, ask me questions." But that's how you get results, man, like you know. I think, like, sorry, like, went, but you know, like that's how, like, you get it, like that's what I pride myself on. Everyone that is watching this in the—they know if they DM me, two hours tops, I'm getting back to you. Like, I don't—it's even like, I don't really have like, um, I have a social life; definitely have a social life on the weekend, whatnot, but I know when I have to put work in. I know the commitment I got to people, and, um, you know what it was? Yeah, the first person to get a prop for was Diego, and that—like I was like, "Nah, these guys can do it," and then we had Riad and Five and whatnot, and it was just like—and you know, like what that does for the other people in the group, the morale that puts into them, it's crazy. Like they're like, "I'm going to be next. I'm going to be, um, like I'm going to get 10k PS as well. I'm going to get 50k PS." We, we got like a measure, like, uh, I keep a tally for the funding that we've done since this start year started. What are we on? I think we're 50k away from 10 million funding. Really? 50k away? That's going to get done. This guy will go get another 100k account; he'll do it, he'll go, he'll go do it. And I think for payouts, we're on 400k. Wow. So by the end of the year, I want to see maybe—I think maybe a million is like out of stretch, and I think it's there. I think it's there. Hope the market turns on, yeah. Let's see. Um, yeah, the currency—M, half a million is there, man. On the PR, I put, I put money on it. Half a million is there, like it's, it's done. I can—I'm so sure. I love that, I love the energy as well, Five. What was it like going through that though? You, you didn't really go through any education before that, right?

No. I watched a bit of ICT, but I was like slacking on that. And then, do you feel like if he went through a different educator's thing first and then saw like homework and stuff, he would have done it? Or do you think he was lucky that he came straight to you first? I don't know. You see, I get—I've had people that have been on other groups and then come to my group, and then they say like, "Oh, it's, it's a, it's a lot different," 'cause, um, even in terms of content. Let me ask you a question: How many videos do you think I have in the mentorship? Say 20? I think right now it's over 200. Yeah, really? Yeah, easily over 200. But we have a weekly commentary every week, so like we're on that weekly commentary, what, 10, what, 18, something like that? So that's like half of them, like weekly comms, and the core content is like 50, 60 lessons, and then there's that—PDFs. I give them PDFs. I don't upsell them as well. I know some guys, they try to upsell, um, the 2.0. Yeah, the hard work, the hard work though is like, um, I've made a trade plan, a trade journal for them, and I—there's a section that says "comment," and, uh, they send me the trade setups that they take. So we kind of, we do it in, in time. We have a group chat, and you don't get into the intraday group chat until you've reached a certain part of the content, otherwise you're going to be like, "I don't understand these words. I don't understand what's going on," type thing. Overwhelming. Yeah, way too overwhelming. And then, um, I go in there, I help them. I just told them, like, look—I told them, "High probability is this; low probability is this. Watch price right now. Run the previous high. What are you trying to watch from there?" We look at this 5- to 15-minute displacement, and then I told him—I made one universal entry video for them. So, of course, we used to have a problem—everyone's talking about, you know, there's ICTP which we use, right? So there's a fair value gap, order block; there's seven of them right now. Imagine you got each person act on a different one. So you can imagine the chat's going crazy; some people saying "order block," some people saying "breaker block." It's each of their own when it comes to entry. So I made one universal one—it's just the optimal trade entry. OT is the only thing you need, because look, you can teach the lowest IQ person on OT, because it's like—it's removing the noise and its levels: 62, 705, and 79. When it hits the 62 level, that's it—done. Stops at the one TP, minimums at the zero. It's the most like black and white entry-like thing ever. Like you can't mess up. If you mess up on OT, something seriously wrong, like there's something wrong with you. Like, I'm not saying mentally, I'm saying there's something wrong with you in terms of like, you're just trying to make your stop loss smaller for no reason, or you're trying to like target more for no reason. There's something seriously wrong with you, like in terms of like your approach to trading. But yeah, definitely Five, I'm coming back to you. I apologize. I did that that time. I went—what was the process like then? What was the process like? You know, I think it's an incredible thing to be able to come across something as intensive and, you know, as detailed and have a mentor who is as active as well, you know, um, so, you know, huge—you know, I don't know if it was luck or whatever it may be, but you got to do that first, which is very rare, and I'm sure you've heard horror stories from other traders, right? But what was that like for you? What did it mean to you as someone who had, you know, taken some losses in crypto, gone into FX, tried signals, not really done much, found ICT over-complexed, then you come across Mr. MBB? It was like—at first year when I saw all the videos and [ __ ] I was like, "God damn, like this is—" But then, you know what it is, like I watched one or two, and I just started to like get with the program. I was just like, "Yo," I started liking—I like—I would watch one or two, like first started, I'd watch a couple, and then I'd go do a [ __ ], then I just got kind of like addicted to it, and then as like I would watch a couple more, and then I trade, I'd see my trading actually getting better and things like that. So from then, like after maybe like episode five or whatever, I was just locked in and just like, yeah, I'm back in college basically, and or university or some [ __ ], and we, we F to watch all these videos and make notes and parse this [ __ ]. So when it comes to homework time and all that, like don't get me wrong, it's long, but you got to like—if you really want this, you got to, you got to do what you got to do, bro, like honestly, because it helps, like pointing that out, like for me now, like if I see price that's why I told you that it's always about time and price, because if I see price at a certain—I don't know, like high on a Tuesday or Wednesday—I know this is high probability, like price might not come back here again, and that's—I've won a lot of trades like that from doing the homework that he said. Do you get me? So it, it does actually help. He's not being a [ __ ] or nothing, like he's actually—do you get what I'm saying?—trying to help you with your trading. That's it. What was it like doing that homework then? Like, did you think about skipping it? Did you think about, okay, maybe—yeah, it took me—I, I, I started, stopped, started, stopped. It took a little, took a little while to really—but then, yeah, like you can't—I'll be trying to skip homework, then asking about a [ __ ], and he's just not having it, really. Just back to the homework, get it done, like we conversation can't really continue until the homework's done, yeah. Type it. I respect that. Would you say though, like based on the sound of it, the homework was forcing you to see the market, if that makes sense? You had to just dig, dig, and dig and scroll back and see the answer. If you—yeah, you, you know the reason is—yeah, one big skill of a trader is pattern recognition, MH, and people don't understand that, you know, like, um, watching a video is one thing, but you need to get your reps in. It's like, you know, like you can watch a guy in the gym do a set—that's not you doing the set. You go try to do the same set, you're not going to—maybe not have the same form, the same technique, whatnot. Do you see my point? You need to go get in your own reps to get pattern recognition, because look, one thing is—another one is like, after the end, I say, "Find 30 trade setups of this specific plan that I give them, and, uh, show me it. Go find it. I'm not giving you the trade setups. You go find them in your own chart," because now what's—is priming your brain and priming your, like, you know, um, it's just neuropathways in your brain that get made, right? And the more reps you do, the stronger it gets, and you're just like priming your eyes to see it, 'cause then you're going to start seeing—oh, you're going to see this trade setup form before it even happens, because you see price is hovering—let's say you're bearish on the week, let's say Tuesday—let's say yes—let's say Wednesday is getting close to Tuesday's high, and you know that there's—it's clearly like going to offer like a bearish reversal. You know what to expect when price runs Tuesday's high out. Why? The guy that done the reps, he knows what he's going to run it, and we're going to cut the other way, and you know the signatures in price to look for. You want to see fair value gaps left when you do that aggressive run away from running the high. That's what you're looking for. A guy that just, um, watched a video, didn't do no reps, who's going to be more confident taking the trade? Do you see my point? This is why so—it was so, so, so important, like back testing, right? It needs to be done right. I think back testing and practice and back testing, in my opinion, are the same thing. You should have specific back tests. So when you're someone new, right, and this is where again having like some sort of structured content helps, yeah, so like let's say you're learning order blocks from someone, right? 'Cause I'm sure in every single SMC course, order block is taught, right? Universal SMC, right? So let's just say that order block—go and find three bearish and three bullish order blocks and show them, and get your verification: Is it correct or is it not? If it's not correct, why isn't it correct? Show me a correct example, and then I'll go back and do it. Those little things is what makes the development of the trader. Do you see my point? It's, it's like, um, it's kind of like private tuition, if you kind of think about it. I come from a tuition background before I was—I remember, yeah, I came from a tuition—I was hard on those guys. I used to give them 25 markers, and I want it [Laughter] tomorrow, man. I tell you, it's so interesting actually, because now that you—'cause I've always wondered, I've always thought like—I've met these traders, one, the small number that I've met personally, it's like they all had—I, I don't want to say confidence, because confidence sometimes comes across as like—is as a negative in trading, right?—but they back themselves, that they, they, they were competent in the markets when they were explaining it to me, right? Especially Riad, he did a chart breakdown with me, for example, and you know, he had—I remember when I'd met him, he had, uh, done a record payout on the prop firm I was doing the pod for, and then he would done a rec—he was on the leaderboard for FTMO as well, right? And be in mind, he hadn't been trading that long. I think he'd been trading a year or something, uh, and he'd done—you been funded previously of MFF, then had to redo the whole process, like he done something in a very quick manner of time, was very competent in what he was doing, and you know, he understood what he was doing as well, right? So not only competent, but the confidence—what I'm trying to point out is that Five has it, he had it; even Diego had it, um, and that's something's very rare in trading. You know, most people, they're very reluctant to get in the markets, reluctant to talk about the markets, and they're very damaged by the markets. So even if they are maybe had a payout or two, they're, they're not confident it's going to last. I think some people are just, they're just confident—uncomfortable calling price here, like you know, um, you don't score points like that. You don't score no points. It's like you don't make no money from bets that you don't put money on. "Oh, I think he's going to win." You're not going to make no money unless you put a bet on it. Our motto is: You have to get comfortable executing. Uh, we have a motto, and it's pinned: Get the [ __ ] in when it's applicable. Get risk off the table. This is the biggest thing: Manage that stop loss. Try to get break even on the trade and try and stretch the TP if there is a bigger—if you see prices like running to your take profit, remove the take profit, close it out manually. It's probably going for a target past your target, right? So you need to quickly re-evaluate; it's probably going for the high that's a bit further than my where my, uh, TP is for my long. Do you see my point? But obviously, if price is creeping, just keep your initial, but that stop loss—manage it. And that's a big thing, 'cause you know, risk to reward is so misunderstood, and I thought I understood risk to reward until—so the people I trade for, right, um, we have like a group chat. It's not the most active thing; these guys are like old, like they're older, and they're, they're boring. Apologies, uh, but so they, they help me yet—so sharp ratio is a better, um, measure for your risk reward, right? So it's basically like, like your risk versus your return over like—it's a dynamic version of risk reward, basically. So for example, right, let's say two people, me and Five, yeah, we take—we both keep taking two-to-one risk reward trades, but on average when I stop out, I've managed my stop loss to half of the initial position. Mhm. Across 30 trades, the average of my stop loss is half my initial position, but he doesn't manage that stop; he keeps on a dual die basis, and he gets stopped at, uh, one at one. Who has the higher all multiple, really? MH, I have it because I'm winning two on average, and I'm getting stopped out because I'm very good at managing the trade at 0.5, right? So my—is actually going to feel like a four. Do you see my point? And this is something I'm big on, but—and the people, uh, in the interbank group, which is like a specific branch to the group I have, were big on—I told him, "When you get in, manage the risk. Take three losses on 0.0. When, if you can get three break evens, it's not a bad—that's not a bad week." You people lose accounts in a week if you, if you're hit and break even in a week, you just need one trade; you're up 2% for the month. Yeah, you know what is your Twitter is going to screw your mind. People—you see people passing very fast; the same people that are passing very fast, they lost very fast on many challenges before that winner. That's the thing that you don't see, right? If you keep managing your trades, those three are trades here. If you can manage your stop loss to like three, like, or even break even, those three Rs are going to feel like flipping bombs on your equity curve. I mean, that's really what—where the excellence comes into trading, rather than hunting—how can I become the trader who can predict ones to tens and twenties and huge risk reward? It's more so, how can I become the trader who can manage my risk to a point where, based on the sharp ratio, then it's all risk management. Look, I tell me a better about one that you'll take every single time you see it. Let's take a break for a minute there, 'cause I want to tell you about the best trading tool on the market: TradeZella. The reason why TradeZella is the number one trading tool that every trader needs is because you can do back testing, automated journaling, trade replay, in-depth analytics, and so much more. And the greatest part about TradeZella is that it's all automated. All you have to do is connect your MT4 and MT5; it will pull all your data onto the dashboard. You can add playbooks, you can just add notes, you can add images from your trades, and you can get the insights that is necessary for you to progress as a trader. Now TradeZella is for absolutely everyone, whether you're a crypto trader, whether you're a Forex trader, whether you trade prop firms; it is for absolutely everyone. And that is why thousands of traders have signed up using my link here through the podcast. Make sure you use the code Riz10 for 10% off your monthly subscription or RizW for 20% off your yearly subscription. Link is in the description below, and let's get back to the episode. Just like what you said, like if we, we like one previous displacement breaker, yeah? Bread and butter. Cool. Bread and butter. Put 100% of your account on it? No chance. No chance. No matter how good this—like a test—no, no, no. No matter how good the setup is, it's in the end—risk management handles everything. Like I see some people, they have different technical strategies when they're in a drawdown. Yeah. Do you know how ridiculous that is? That is so ridiculous because the only thing that you're going to manage is just the risk approach. Your technicals that you kept—you're hitting that trade every single time it comes. The only thing you need to manage now is the drawdown, right? And the risk of it. So when you lose half the risk—that's a rule that we have—when you lose half the risk, if you enter X amount of drawdown, change the risk to this. Uh, I have a rule for so challenges, right? Why I say to challenges, and people might say this is controversial, I say minimum 1%, minimum, right? Don't go to 2%. I say 1% to 1.5%. B—this is the main thing—make sure that that funded account is affordable. Make sure that I don't break the bank. Let's say you can afford that challenge three times over in a month, that's the challenge you should go for, right? Because you want to pass these challenges with speed, right? Now when it comes to the live account, you—and it's 1%—the only thing you're changing is risk. You see the same trades on the live and the challenge, right? When it comes to the live, maximum is 0.5%. You're not going to blow yourself up fast with 0.5%. Every single, um, blowing account comes from the same thing: speed and leverage. I don't think anyone's ever blown an account here from managing risk, 'cause then you know you start to see that slow decline, like you know—you start—like you're not going to lose 50 in a row, even just—just how trading works. You'll just get a lucky—a few lucky like winners, keeping your equity curve bouncing up and down. You can't blow up someone at—him with a capital he's on. I told him 0.3; you're not losing, you know, 0.3, right? 30 trades in a row? No chance. No chance. Is—and by the way—and then capping your trade frequency, which is something that people don't do. The only way—one of the only ways you can get frequency, uh, consistency—cap your trade frequency. If you give yourself five trades a month, and this is something I gave directly to my mentorship, I said, "You got five trades a month, right? At a specific OT level," it's either you lose five—all five of them—you lose them, and what that does is that, that keeps your max loss consistent. Now my max loss can only be minus 5%; if I win, my max win can only be 10%, right? You'll start to get more of an average win loss, right? Given that you keep yourself to these amount of trades. Now with the challenge, it's a bit different; this is for the live account, right? 'Cause a challenge, you need more trade setups, type thing, to kind of pass the challenge with, with what I mentioned with the risk, but with a live account, you can do that. You'll start to see consistency, but one thing is though, it's boring—five trades in a whole month. People try to get five trades in a—

Week do you see my point? They can't. It's very hard to do five trades in a thingy like myself as a swing trader. I'll probably even get like max four in a month. That's because of just the time for working on uh, but I don't know how people can get 20 trades in a month, even like five trades in a day. Like five 1-hour candles is that even like a—there's only 3 hours in a killone. How are you getting five trades? How many trades are you getting in one hour? Just a lot of things. Have you have you done that before, that many trades? Trades you don't don't work; yeah [ __ ] ends up in blowing accounts.

What was it like when coming from that, my and and and those sort of results from doing those actions, and you start hearing these restrictions if you will, you know, these rule sets to follow? How how how was it for you to adapt to that at first? I'm not going to lie, I thought he was bugging. So I'm not going to lie, I thought this guy was bugging. I thought he's just too rich; he's gone clear; he only needs one, two, three trades a month for that whatever. I'm thinking this guy's buzzing. I'm market's open 24 hours, bro. He's even five trades on. But yeah, I had to just slowly—I tried to do my, as I said, I was trying to do my own thing. I had to just come out the hot seat, bro, and just listen to the pros. And yeah, a lot has changed since the five trades a month. Isn't it? That's that's the key; five beats five trades; that's the secret; that's the key. I'm telling you, incredible, cuz people don't know how to slow down like in in a lot of situations like, you know, like um, how did how did you get five to slow down?

Oh, bro, uh, I I remember yeah, like you know with five; that was even a point. I remember he left; he yeah, he left the mentorship. I remember so he joined um, I think he joined, and he thought it was going to be a lot easier, like a walk in a park type thing, or I just need to do a few things, maybe like a few five-minute videos and whatnot, and then he left, and then he hit me up again. I was like, oh, you know what, like cool, let's do it again, and I don't really do that, you know, like I don't I don't I don't really do that with people. And then after um, came back and um, yeah, he was putting a shift in, and then after slowly slowly he was just is telling me like um, I pass this funding now, I pass that funding now. I was like, oh, you're you're you're good. Like what's the PN's like? He's showing me, and then I was like, oh, like you know, like consider these type of things. And obviously, you know, it's always a work in progress cuz you know, like co you get your million in funding now, and one thing that happened to him was like, I think you went like you lost a few accounts in it. Yeah, he lost a few accounts here; he's got them back now; we got more than that. He lost a few accounts here, and um, I told him straight up, you know what it is. Yeah, you what got you there; you tried to change it. Yeah, yeah. Why what what got you funded is going to make you the payout. Yeah, what's going to get you the payout of 5K is going to get you the payout of 20K. Mhm. It's just there's a stroke of lock in trading that people don't admit. I admit to you there is a big stroke of lock in trading in the sense of sometimes you just get an explosion your way, and you get that trophy. Everyone has that trophy trade that they can talk about, right? And did you know it's going to run like that? No chance. You didn't know it was going to run like that. Um, but that's the thing; you have to set yourself up for those positions as well. Yeah, do you see my point? Like you need to keep hitting your trade, keep hitting your trade, manage the risk. One in 10 trades maybe you're going to get like a strong displacement; maybe you're going to be uh in line with an economic event, not like a CP FMC, let's say like it's unemployment claims, right? You're going to be on side with unemployment claims, and you're going to see like, oh [ __ ], like that two is now like a sixer done, and that's it. That's incredible. Slowed him down. Yeah, but that's the hard thing cuz you know what is. Yeah, you can teach technicals; installing mindset is like brainwashing. Yeah, that's what the weekly coms are for. Every single week I have the whole at the end; I tell them, look, you guys like so not everyone is in that group chat, the day trading where we like we're queuing price together, right? Not everyone's in that, but I give a specific mention to those guys that look, yeah, this week you guys done this, and it's so bad; you guys need to like sort out cuz some people just sugar coat. I'm not on this sugar coat thing; I'll tell you like, look here, this what you're doing. I I can show you some messages which you're feeling oh was rude. Like I've told people you're ridiculous, straight up, like word for I told them you're ridiculous. Had that like you're out of your mind; why would you do that type thing? Like you know, like what's wrong with you? Like do you want a career in this? Do you want do you want a funded account? Why you playing that type thing? But sometimes that you know that's how I cuz with me that's what I need to be spoken to sometimes, so I'm thinking maybe some of these boys they come from the same area where I'm from, so I need to speak to them like that. They don't understand the language, you know, like sometimes um, you know what they're saying; they're saying I'm not saying they're dogs, but dogs don't understand when you bark at them. Do you see my point? So sometimes you need to just tell them the language they know.

Yeah, literally how how important was it for you to have that sort of accountability or that what would they call it, like that blunt, you know, feedback? Now it was very it was what I needed cuz at the end of the day that sugar coat and [ __ ] I probably still would have been [ __ ] doing nothing now, bro. So it's therefore for what I needed; like I needed to just and I was never shy; I would always send him what I done cuz like I'm one of them guys that, you know, like when you're young and you get caught being naughty whatever, you just own up. Like I'm always like that, so I just own up to him like what I done. I'll tell him like there's been times I've showed him, yo, I just blown three 100K accounts today. Like what you up to, though? Me? What you mean? Like y have you lost your marbles? What's going on? Another thing like the other end of that is some people also all they do is they're just seeking validation, yeah, and that is like cringe because I'm seeing like grown men seeking validation, and that's proper cringe to me, like you know, like at the end of it like we're we're trading or whatnot, but you know I think group chats in general, nothing good comes from them in general cuz I think it's one person leading the chat and everyone's taking a signal usually. Yeah, that's how it goes, and some people are just seeking validation like, oh, um, is this correct? You know it's correct; you're just trying to say people yeah, you got it correct just to feel good about yourself maybe. Um, on Twitter you see people doing it all the time, seeking validation. I think um I think people need to question what what is it that they want? Are they trying to get profitable, or are they just trying to like uh become some on the timeline? Yeah, I think that's that's a big thing people need to care cuz the timeline stuff is all great. Yeah, like I had a big buzz at one point on TT on Twitter. Now I'm I don't think I'm I don't think I have even a DP anymore. I I think people if I put a post it would even get traction anymore, but I'm not too bothered because I know what I'm here for; it's not that uh trading is going to pay better than your name get on the timeline. Um, and it's addictive, you know, clout; one it's addictive; it's a thing like when you have clout, it's nice; it's a nice feeling. This come from someone that had that, right? Um, but it does nothing for you; it doesn't do anything if you can't like turn that into some sort of skill. Like you got haven't got the skill to back it; essentially you're going to fizzle out in like a one like another two weeks. There's always someone that comes with a fat payout. Mhm. There's always someone that comes and just dis drops the time. Oh, who's this new guy? Have you had him on podcast I think recently? Yeah, yeah, yeah. Him; he he came out, and everyone called him out; it's fake, whatnot. He showed no; it's not it's not fake. Two months someone's going to come and take his shine, and then another two months it's just just how it goes with everything, probably in all the industries that happens. Is it 100%? It's it's it's the nature of the world; it's like it's like uh news, right? It's like something will be in the news, no matter how crazy it is, right? It'll be in the news for a week, maybe two max, and then it moves on to the next thing because our attention needs to go somewhere else.

You one thing mention there that I want to touch on cuz I've seen it happen loads, which is uh people do the right things to pass a challenge or get funded or for a period of time, and then they changed something, right? What was that mentality? Why was it that you made a change after getting funded? But why why change something? The ego; I just lost my mind, bro; that was it; just lost my mind. I'll be real; I just started like obviously when you have a little kill streak in that it gets to your head sometimes that you start thinking you're that guy; you can you you own the market now; like Euro does what you want it to do type [ __ ], and it's not it's not reality. So I went through a bit of that, and then just I told Omar about, and he just you know told me like what's going on, bro? Like you having clean runs, clean clean setup basics, but it's the truth what he said. I got bored cuz this [ __ ] is boring like once you once you get simple and [ __ ] and you're waiting around for one trade for a whole week or whatever, it does get boring, so that's why I started doing extra [ __ ], and the extra [ __ ] I'm just back to basics fully that I don't I don't do no extra [ __ ] no more. Oh, was that about that period of the start of the year? Yeah, around then, yeah, like people as well like you know I say as well, you know, you can tell which is a day for that's going to be good day trading. Day trading what ICT says is day trader doesn't mean trading every day; it means the days you do choose you're trying to get the daily range; that's what day trading means, right? Now some people, right, they know what to look for; you know, if you don't know what you're looking for where your trade setup is likely to form and when you shouldn't, you should be studying and not executing. Black and white; if you don't notice those three things, you need to be studying more, right? Now for the people that do know those three things, and I'm assuming this the one this is mainly ICT SMC, right? Look, if you're a guy that's going off previous days highs, previous low sweeps, why are you interested on the days where you're not opening close to a previous day's high or previous day's low sweep? Why are you even going on a 5 to 15? Do you see my point? Uh, if you're trading like let's say 4 hour, if if the daily or the 4 Hour is in no predictable area where you can predict where the next where the 4 Hour or the daily should go from here, the specific candle that's printing, why would you go on the 5 or 50? I told people all the time like it's like why it doesn't make no sense like to me; maybe I've installed this mind into my like my head for years, right? For like two years this I thought like this, right? So it doesn't even process in my head why would you go down the full hour if it's Troy to find a trade setup when the five and the 15 builds the 4 Hour? Do you see my point? If the 4 Hour is not clear and you don't know where the the direction for what that is going, then what do you know what direction are you looking to go on the five and the 15? And then they're like uh, you know, I don't know; I just journal and note that down like and one thing is you need to journal your mistakes because um I used to cheat and I say write down that write down or take a picture of the of the the diagram. I remember it; you won't remember it. That's the biggest lie ever. I'll remember it; I'll remember it; you won't remember it because um a lot of times people they just get stopped out or they enter, and it's the same mistakes that's holding them back. Now if you don't journal it, which is the boring stuff, but it's the productive stuff; if you don't journal that, you're not going to know how to get better. And one thing is this year, you know, like even me when I was journaling, so what I used to what used to stop me out all the flipping time you was um I used to uh I think it's a market structure shift, but it's just uh a fair V Gap fill, so it's a false; it's running the low to fill a fair value Gap, and I'm thinking that's a shift in structure breaking that low, and I used to get my ass done like that. So then when I start journaling it like watch out for the fair value Gap F, and you know once I journaled it once, just once, yeah, the next time I was like in my head like, okay, watch out fa got feel. You know when you write something down, it's like it gets engraved in your brain; is it? It's like do that so many times. I say all the time once you're going to take losses in your trading, yeah. If you can look back at that loss and be like, I'm surprised I got stopped out, or like I'd hit that trade again, that is just the loss you're going to always incur in your trading, and that's fine; that that's the loss that you just move on; that happened; move on. You kind of know when you've kind of effed yourself up a bit when like I know myself; I entered where I shouldn't have; my stop was a bit tight; uh, I shouldn't have traded this day; those things. Yeah, you need to sort out those ones where like you're surprised how do how do I lose this [ __ ]? That's fine, man; those ones happen; just move on to the next trade.

In terms of journaling, how important is that as a trader? The best book a trader will ever read is a journal. The best book you'll ever read is your—look, Mark Douglas, trading in the zone, yeah, it's a great beginner book, but it's very basic, right? Um, I think there's one called Alpha Trader whatnot; there's a few, right? But those aren't specific to you; that's just general to the m—look, they're selling a book; they're going to be talking about the average trader type thing. You have to see from the business perspective or selling a book in it. Yeah, yeah. Your journal is going to be literally your your worse than your best. I say it to people all the time; you need to journal your losses a lot more harder, but you need to also know yeah what your best trade setup is, and you need to try and just what happened that day that went so well for you; just wait for that same thing again cuz at the end of the day you know what is where people blows up; it's um the time where a trade's finished, and the next high probability trade is going to show itself; that time call it no man's land; they do them in like they can't wait; it's the patience type thing. Um, but I think as well people don't understand is how less you need in this game; they think you need to do a lot, uh, and they they think it's all down to trade volume, and it's really not. If you do three good shots in a month, two hours, 6% done, you know you've outperformed nearly everyone; maybe not on Twitter, but you know like um in generality, yeah, in reality you've outperformed most people in the world; that's insane, and that's just from three good trades. I think people underestimate yeah their ability to go on a good win streak if they only wait for high probability trades. Like losses are so normalized; losing is not good; do you see my point? Losing is normal; you'll lose, but don't say oh yeah, losses are part of the normal; no, that loss is it avoidable? Like was there something clearly you could have done to do like prevent that that cause of happening? If yes, sort that out, but obviously some losses are going to come, but don't normalize and put like a big like plaster over a loss and say it's all right; it's it's really not cuz losing if it keeps happening, you're going to have like one PS and two PS left in your account, and that's not good. No, 100%. And one thing I was ask you, five actually, and it's a bit random; it was it was in my head earlier, but I just came back to me; it's a question I'm going to ask you, and then I'll get your response after as well, which is when we did our first episode, a lot not a lot, but there was a few comments of like why am I going to learn from someone so young? How can I learn from someone so—why should I listen to someone so young, right? And doesn't I get it to one degree, right? But what were your PS like picking a mentor who I would imagine is younger than you, right? Yeah, is way younger than you. Yeah, what was your mindset? I've done this before; is it so you see with music it got to a point; obviously I I used to make rap music a lot, then when I had to start making drill music at the time, a 15-year-old taught me how to make drill, so this ain't nothing new to me. I'm I'm a student; if I'm a student, it don't matter who how old they are or whatever; I'm learning; I'm not them guys with oh, I can't learn off my man; he's younger than me or you know certain; I can't buy off my man; he's younger; I'm not like that still. I don't if I'm learning something; I'm learning something; I don't care how old people or whatever. So I learned literally learned how to make drill beats and [ __ ] from a 15-year-old on YouTube. Do you get me? And look what ended up happening there. Yeah, so with this mentorship [ __ ], I know he's way younger than you; I don't care; like he's he's got the proof; he's got the results; he's got everything; he's saying is it's far like age don't mean nothing to me about that; I don't don't think about that at all. I'll be on here as his student, and he's way all we're younger than me; I don't care if the internet thinks that's weird; I don't give a [ __ ] you.

I love that; I don't care. I'm not gonna ask you to respond to that because I don't think you need to. I'm gonna ask you like how because even then because that was when when did we do that podcast? Maybe a year and a half, two years ago now. I was 21. Yeah, yeah. Even then you spoke way beyond your years and had a different mindset. Yeah, but since then it's only improved more like when I sit here and I I I've sat with you twice; there was one episode we recorded; I was super ill; that never went out. Yeah, um, then we did that the MFF one; we didn't really talk too much on that day, but like even today like there's your intellect and insight into your psychology, the trading realm, the trading industry, general psychology of the masses is so much higher than the average 23-year-old, right? I would assume you're 20; you're 23, right? Yeah, that's exactly mean. Yeah, yeah. I remember happy birthday; we were trying to arrange this, but um but yeah, like where does that stem from? How have you done that? Is it natural? Is it something you've built? You know, I have no idea, but you know what's crazy, yeah, I wasn't like this in school. I could imagine I wasn't like this in school. So if there's people from my school, it but you know what is, I think it's like um I don't read books; I don't I don't really read books honestly; I don't know where it comes from really. I think it's you know, trading matures you in general; trading Mai uh just the course of life; I had I had to be like uh I couldn't really afford to be an idiot after the age of 18; I really couldn't like I I couldn't afford to be like an idiot; I to like become a man quick type thing because uh come from a disadvantage background whatnot. Um, I think just some things happen in your life, and you just get mature. Uh, in terms of trading is uh what I do a lot of yeah in my spare time is I don't really I don't watch like no Netflix shows or nothing; I'm there's nothing against it; I just can't ever find anything that I enjoy. I watched one thing on Netflix and one thing only, and it's Prison Break, and I and that's like the best thing ever; nothing even comes close to it. No, I watch Snowfall as well; Snowfall was good, but the last season was dead. Um, but what I watch a lot of yeah is like debates, you know, you need to watch before you go into the debates. Billions? Billions. Oh, I heard I heard that; I heard you love it; you're a trader; you love that; I heard I heard. But um I watch a lot of debates, yeah, and the debates are like um nothing to do with trading; debates to do with like religion; debates to do with like um liberalism, right wing, left wing; I watch these type a lot of these type of debates. I watch uh debates like dietary, you know, some people take opposing views of diet like dietary advice. Um, a lot of things just uh it's I think a debate is good to watch, yeah, you know why? Because you know when you read a book, it's from a specific so like I'll give you an example here; economics usually is Keynesian economics, and then there's Austrian economics, but you read a book on Keynesian economics from a Keynesian that takes the Keynesian point of view; he's just going to keep talking about why the Keynesian point of view, but now you put a Keynesian guy and you put an Austrian uh Economist in um a room, and they're just battling it out; they're just debating; you as a viewer get to make the mind up of I kind of think this guy took him, or like he's got good points, or that's a good point on that. Do you see my point? If you just always watch let's let's say if you just keep watching left-wing content, you're going to be left wing, but you need to watch people have conflicting arguments, and that's kind of where you learn; that's where I pick up a lot of vocabulary as well cuz these people they're like academics and whatnot. But I think intellectual yeah, but you know you know how you can spin this back to trading, yeah. Anything that makes you think deeper and make better decisions is going to directly impact your trading because in the end, yeah, I don't care what anyone says; how mechanical you can be; the last part of your trading is discretionary; are you taking the trade or not? Are you pressing buy or you pressing sell or you pressing or you doing nothing? That's discretion, right? Now that

Is a level of critical thinking like, “Can I afford to let this trade go? Do I need to take this trade?” What not, like what I said before, some people just got technical, technical like monkey see, monkey do. But what’s going to separate the other person is, “Can I miss this trade and be all right with it?” That type of critical thinking, which you need to get from outside of trading. Trading is never going to teach you that. You need to—what we can—but you can get that from elsewhere.

Like one thing I used to do was, I used to go for walks, and I used to like just uh, just let your mind go, man. Like, you get me? Like, just let your mind, just let it run. Like you’ll start thinking of things, are you know, like if you take a loss, like what can you do to get better? Go with the intention to like clear your mind, though. Don’t just go for the sake of exercise; go with the intention, “I’m going to, I need to think about something.” I swear to God, do it for like 30 days; yeah, you’ll just, you’ll start to tap into a different mindset. Like seriously, you’ll tap into a different mindset.

Do you feel like there’s so much overstimulation, you know, in today’s world when it comes to social media, our phones, TV shows, everything? This always stimulated, if anything, we’re from the moment we wake up to the moment we go to sleep. The world is designed so far—not even the world’s design; we as human beings and our sort of weaknesses is that we give into just being stimulated 24/7. Social media’s the devil’s work. Like honestly, I’m not on social media, for it’s, it’s a decision, right? I can go—I’m pretty sure, right—um, people have no insight to my life; they just see me as a trader, and that’s good. I love that no one knows I have other, I have other businesses outside of trading, a few, right? No one knows what they are, and no one’s ever going to know what they are unless I need to give promotion, maybe, I don’t know. I’m in two—mans for one of them.

Um, but the thing is, you know, comparison is the thief of joy. Like you’re going to go on there, and you’re going to see what you seem to think is people living a life that you wish you’re living, and they’re not living that life. Like, um, I’ve had people like tell me like, “Oh, um, I’m a fraud because uh, I don’t drive a specific car.” I’m like, “You don’t even know the car I drive.” “I’m a fraud because I don’t have this or that.” I’m saying, “Okay, cool.” People need to get okay with the idea that people can think what they want of you; that doesn’t depict your reality. The same way someone’s belief in you doesn’t alter whether you’re going to make it or not. Like these things, people need to kind of just take them out of the mix. Yeah, and I’m telling you, someone that’s really like not really on social media, a lot of cl—that comes with it because um, I see people complaining about stupid things. I’m like, “Why are you even complaining about it?” But you know, like everyone has this—I’m like, “Who gives a [ __ ] about that?” Your at the end of the day is your life; uh, what you like is what you like. What is in your means right now is in your means right now. The only thing you can do is work harder and pray for more, and that’s it.

Yeah, one thing I want to go back to quickly is the debate, right? And the reason I say that is cuz one, one obviously, as you said, it’s intellectually seeing both sides. Do you think that relates to your trading as well? Because it’s essentially you’re, you’re forced to look at both sides, or you’ve ingrained into yourself to look at both sides, so you’re then observing the markets, trying to make sure you’re not uh, putting your own projection, like as you said about left wing, right wing, you’re not putting your own bias of like, “This is just a buy; I only buy; all I see is buy.” You’re taking all the information to have a balanced point of view. So one thing, and I calls it an inner dialogue. Mhm. There’s always, you always hear your mind, you know what I’m saying? Like you know, everyone has that little like, when you’re reading that voice that reads for you, and what is his voice? Where is this guy in my head? Do you see my point? Everyone has that, you know, you always like second-guess, whatnot. But again, do you know what helps with that? Yeah, it’s—I don’t really think that’s down to like uh, the decision like really to do with the debates, but that comes from the—I know what I’m looking for. It’s as simple as that. I know what I’m looking for. I don’t care what anyone else’s thing is. I know I’m a technician in what I know. I know I’m dealing here with four-hour, when I was day trading, four-hour daily, PDOR. Mhm. Previous days high, previous days low, sweeps; those are where I’m looking for trade setups. I know trade setups are going to be birthed there. That is where I know on the five, 15 minute, we can start looking for what I like to trade on in level was the market maker sell, market maker buy model. I know it existed; I know anywhere else I’m not finding nothing, so I only wait for that now.

Where the critical decision-making helps is, yeah, is deeming high-low probability. So price can be at your level, right? But is it going to move away today? NFPs today? NFP is tomorrow? These type of things, you know. Uh, one big skill I tell for the camera is, learn to read the calendar ahead of time, right? So you got CPI right on Wednesday. CPI is usually on a Wednesday for the USD. Yep. Now CPI, most likely than not, is going to be a midweek reversal, or if Tuesday made a very distinctive run on one side of the weekly candle and is going the other way, then CPI is going to begin the expansion the other way. But you know that the expansion is going to really begin with CPI, so what should you do? Just come after the CPI. You have the Thursday and the Friday; you only need one to two good trades a week. Now if you can accept that trade frequency, absolutely lower it; come only when the economic calendar is kind of nudging you, like, “Yeah, I’m going to expand the week at this time.” That’s what the economic calendar is literally telling you, the T, the day of the week that is going to expand the weekly candle and the time of day that is going to expand the daily candle on the specific day that the events on. Frame your trading around that; anything else, it’s probably a bit lackluster.

So without that time element and you only have the price element, critical decision-making comes in. “I only got half the ingredients I need for this trade setup; I’ve seen better ones; I’ll just leave it.” Let me tell you something: no damage is better than damage in trading, right? I cannot trade, I cannot place a trade for the rest of—we just start June—I cannot place a trade for the rest of June, I’ll outperform 90% of people because they’ll blow up; they’ll just lose money, right? So but me, I’m just not trading. 0% better than minus three; it’s a superpower, right? If you can tap into this mindset, is if you’re always playing on the defense, right? You see trading—one guy that spoke, he says, “Try not to lose money; you’ll make money.” Try not to lose money, right? Like, pick the best trade, STS, try not to lose money on that; you, you’ll just make money. Mhm. You might not make big money, but then again, that’s a game of capital, not return, right? What is a bit of both, of course, returns are important, especially in the institutional world; you’re all battling based off returns, right? Um, but in terms of the prop firm space, you just need to get more capital; you don’t need bigger trades; you need bigger capital because that 1%—and he’s living proof of that; he’s literally living proof of that—1% you hear all time, 1% on 100K is 1K, then on a mil is 10K, or I need two more capital. The dog’s work is getting the capital; it’s not the trades; the trades are easy, pot—it’s the same trades on the 100K account, 2 mil, 3 mil, one and a half mil; you’re just going to get—you’re getting rewarded for accumulating more capital; that’s what it is. But people can’t tap into that mindset; I don’t know what it is.

Uh, what was it like for yourself, though? Cuz I’m sure as he said, like you probably heard that all before, like, “Oh, you know, just trade the same, believing, bro, SCS, believing.” So like, at first I was like, cuz my first payout was like a 4% on a 200K account, so I was like 8K, but then after that I was scared to even try and whatever, so cuz I got more capital, so I’ll would do like 1% or 2%; it’d be like 8K again. So I started to realize then I get more challenges. So all this time when you’ve been posting these payouts that are like maybe 2K on one certificate, in reality is, yes, multiple, multiple accounts getting traded. Yeah. Mhm. So that, and that’s how I like kind of build up, and then, so now even on a funded account, I can see a one to one, and I can be out here, and I won’t even trade again that week, cuz see a quick 30, I’m good. You get what I’m saying? So you got to let—they—you got to let increase your capital; you don’t have to get higher trades or higher RR, whatever; you got to just par challenges, find your niche with paring the challenges; that’s what it’s really about.

At any point did you have face any barriers, you know, like sometimes you have some mental barriers at a certain amount of capital when you’re experiencing a certain amount of risk, you know? Yeah, so when I went from like 1 mil to two the first time, I kind of, I done it, and then I blew like a mil really, and then recently again, I, I’ve done it; I got from like two to nearly three; I got to that nearly 3.5, and then I freaked out again, got went back down to like 1.8 or 1.7 or something. So right now I’m doing the third run to try and get above like 3 mil and hold it, but this time cuz I’m doing everything with like—like even my challenges right now, I’m doing half risk cuz the market is not that clear to me right now, so I’m just taking everything slow; I’m not in no rush. So I feel like this time I’ll actually do it because I’m not like before; I was kind of like new to trading pressure; I was trying to like maybe doing it a bit for Twitter and whatnot, but now I’m just overall of that. So now I’m just taking it slow; I don’t mind like I’ve had these couple challenges; I’ve had like a mil challenges now for like six weeks; I’m on phase one with most of them; a couple of them of with the phase, but I’m just chilling. Yeah, as long as you got equity. Yeah, there’s a saying in it, as long you got equity you can make money. Mhm. If you got no equity in your account, doesn’t matter; like you can’t make [ __ ] even if the best trade setup comes, even if the Bank of England told you, “Yeah, we are about to deeg from the dollar; everyone just short GBP USD right now,” but I haven’t got equity in my account to do it. Save your equity for good trades, right? I used to say to people, yeah, well in my group I told them, people spend bad days, right? People spend—they lose the equity, right? And then the good days, they add that to crawl back to break even. M, right? You’ve heard this B times, isn’t it? And done it? Yeah. You use those good days to get back to break even. If you waited, if you waited, you could have used those good days to get to the profit target. Yes, do you see my point? Yeah, but you’re always going to make mistakes as well, like I’m not saying I’m like, look, I’ve done my ass as well before, right? I’ve taken like—look, I told you the start, I could have had a win and trade here; I was up like across the two pairs; I was up like what, like seven multiples, right? So and I went break even; that’s a disaster. How am I not even taking two like two multiples off that trade? Thinking back to it, that’s a disaster. If I was—if I had me telling me, I would tell myself, “You’re an idiot; like how you not taking anything off?” But that’s because me, I, I went into a bit of a hope saying, “This is going to turn,” oh, I’m literally like money signs, like you see my point. It happens, man, but I’m saying overall like you can have your moment. Mhm. But just make sure like you have this mindset, like this is how you’re going to be like 90% of the time; 10% of the time, man, you got your own room for error, as long as you’re not blowing the entire account, man, you’re living it; that’s it.

And when we last spoke, though, uh, or our last podcast, you were still on the prop capital. Yeah, since then, I know on the round table you discussed about, you know, invested capital, etc., like what’s the position right now? So I’ve, I’m still doing it, and I’ve kind of, kind of changed the perspective I want on it. So I want to be the person handling the funds, m uh, there’s qualifications you can get, the CISI qualification, [ __ ] that’s for the UK; I don’t know about the jurisdiction for America and the Middle East, which is where most of the connects are. Um, but essentially what that would do is, the problem is is not trading the capital is uh, onboarding clients and managing the funds. So if you can get—I, I’d want to get the qualification in—I get the qualifications to do that, and then I can decide, and I can then go on—what I have to look into it—to then trade it myself. You need to pitch, pitch is simp the same thing as before; you need to pitch an investment, um, like a model, “This is how it will work; where your money is going,” type thing, um, or even uh, you know, I have a good network of traders; they’re not on Twitter, like some of them on Twitter. Um, I have a good network of tra—traders. Um, I’m sure if I approach them, uh, you know, there’s a bad name for props right now, so that the offer looks enticing as well, uh, prop firms in general. So I’d look to go for like a—I don’t want to drop prop firm names just for the sake of—I don’t want your podcasted like, you know, anyone to take anything away from it—if I go for a prop firm, I’d look to just go for like the most reputable one and get like half a million. I think I can do something decent returns with half a million capital. M, if I—half a million capital, the way I see it is this, right? Even when I had MFF, I swear to God, this was my mindset from it; I had 600K with them, right? And I was close to scaling. Um, so let’s go back to the 500K. Let’s say I have 500K capital; people looking month to month for returns; I’m thinking this total capital, I just need to do like 25, I need to do like 20% in a year, over the course of a year, and I’ll clean up six figures. This is the mindset I think people should have, like you, you’re on like what, two, two point something, right? If you just say it over the course of the year, I want to make like 15% over the course of the year across the whole to capital. You know what you’re doing now? Your time horizon has just gone from here to there. Do you see my point? You’re no longer—cuz look, your, your one thing as well, yeah, and this is what people don’t understand when you trade long enough, you understand this; your P&L is never consistent month to month. Like most my P&L has come from select months; it’s never the same month every single year. But I’m saying you get the meat of your P&L in some months, like as well, the, the drawdowns are sometimes worse in specific months compared—it’s never ever flat out even, 1%, 1%, 1%, minus 1%, 1%; that’s the point I’m trying to make, right? So that’s something to consider, cuz then let’s say like you want to do like 15% across all the capital, bro, you might do one, one month %, and you’re kind of halfway there, and then you need to know when to stop; you got a life outside; you have things to build outside of trading; you can do things, you know, invest elsewhere, whatnot, other things takes the, the, the pressure away from trading as well.

How important do you think that is for the long term, you, the long, the longevity of a trade? I think it’s important here, but I think people overemphasis, overemphasize the importance of it, like um, you can trade—why are you so uh, worried? Do you see my point? Why, why are you so worried? I have—I don’t have an intention to stop trading anytime soon. Do you see my point? I’d always look to invest, uh, trade and, and invest like into the financial markets in general. I’ll give you one right now: look at Tesla stocks. Tesla stocks all-time high is at 434. You know what the price are right now? 110. Really? Imagine go sub, sub 100. Yeah, oh, they did the stocks, but they—that’s this is way after it. Yeah, so look, now it used to be like, yeah, it used to be before—this is obviously the 434 from the stock split, I think it was what, one to four? One to four SP, stock split? Yeah, it was—yes, was around—I used to do stocks; I don’t, I don’t think I ever mentioned I used to do stocks. I told my group this; I, bro, I cleaned up in the farmer, farmer runs; I done well in the farmer runs. Yeah, that’s where like I start to get thingy like, “Oh, like [ __ ] like this is kind of my run.” Um, uh, I actually do SPAC plays. You know what SPACs are? So SPACs here called specs; they got a price floor, and they can’t really go under it, so I used to look for like industries there, so I was just trying to play EV, the EV game, like you know, Tesla’s industry, the vehicle. Yeah, I just went into it. What, what my approach was? Yeah, I go for a, a market that was booming, and then I find specs that have some sort of uh, something going for them, like a news event—like not a news event like the economic calendar, but they got something coming out, like they’re going to launch something or something like that, right? Um, used to buy that, and then uh, I can only lose so much because it’s a spec, uh, and some of them just, they do well. Um, I was looking at Tesla, like you know, if you look at the monthly, it nearly went to 100. I swear I got—I have conversation like, “Tesla at 90, I am hands on,” because I, I personally, I’m telling you, I have conviction, Tesla, maybe not, not in the recent like in like right now, but I’m saying five years, I think it will bre—break an all-time high. Yeah, I think I don’t doubt it; it’s the leader in EV, i, i, i, and everything’s moving to electric. At 90, that’s a fire sell; that’s 5x; you put 500 bags down, you’re clean; you can clean up 22 million pounds, something like that. Do you see my point? Um, yeah, that’s something else like that. But again, back to the point, I’d always look to invest in trade; I believe in my ability to do it, um, but I think I don’t, I don’t think I’d go back to day trading. Mhm. I think I’d stick to swinging; uh, the bigger the capital gets, the higher the opens I get that I play. If I get more, I’ll probably just try to play the monthly open. If I see like, “Oh, there was a previous month’s low run, and now we expanded the other way,” I’m treating that monthly candle like I am to my daily candle; I’ll hit the monthly open; it’s going to take longer, but that capital is going to make that same return or more because now you’re on more capital. For my own self, I need less return; that’s how I see it.

And what about in terms of our last conversation, a big tone was like, what is the, the biggest issues that we were seeing at that time in terms of like SMC traders and the mistakes they were making? It’s the same; hasn’t changed; it hasn’t changed one bit, man, cuz like literally all they come in, yeah, these guys, they come in and they, you know what is—I think there’s a respect that’s lost for trading, man. Mh, like people don’t respect it; I think it should be a gentleman’s game, honestly. I think there’s too many people with a loud mouth and uh, there’s too many people that are just uh, you know, like they’re not taking it serious, man. I think people need to actually like reality check themselves, like, “Do you want to be a trader?” I think a lot of people get into trading because they just kind of uh, pushed into it by friend groups; they hear about—university; that’s kind of where people get into trading, and there must be trading societies in, in inside of universities; is that for sure? But then equally it’s just like what’s promoted. Noway, the thing that’s changed between when we first sat down is all these influences, actual influenc—not trading influencers, actual like, you know, the boxers, the, the car enthusiasts, and so then—can I say something? How dumb do you have to be as a consumer? Yeah, the guy’s a boxer; where did Forex come from? Mh, the guy’s a, the guy’s a Tiktoker. Mhm. You’re going to buy a Tiktoker signal? Okay, go buy bricks to make your house from uh, a flipping bakery. What, what’s wrong with people? Like, you know, like I’m not even saying like people—I’m not saying I’m smart; you’re stupid, but I’m saying you, you have like—it’s common sense. Yeah, they say it’s all common sense; isn’t so common no more. But like I think it’s the thing where people kind of, they, they took them out of it because it’s desperation. I say all the time, yeah, the biggest industry, and it’s in the industry we in, trading in general, sell the solution to desperate people. You’re broke right now? Oh, man, buy my course; I’m going to teach how to make uh, 50 R, and you, you’re going to turn 1K into 50K in like a month, M, or something like that, right? Or, and I, I think people, they don’t even have like—like I’m here right now with five beats; this guy is directly from 150K PS; I could be here with—we could have a round table, Riad, Diego, there’s even other people, right? How many people can do that? There’s not a lot, cuz some people just all bark no bite. I think people need to get more serious. The best marketing is results. Mhm. Like you’re an educator; okay, how good are your students? How good are you? Do you have any background? Who are you? Type thing. Some people’s uh, backgrounds go as far as they just give um, typical SMC, uh, fair value gap, uh, gems of the day or something like that; is that it? Is that all you can do? This is something like—what, what, what’s making you different? Do you see my point? Yeah, how proud are you of five cheese? But it’s like, you know, I, I can, I can show you like off camera, yeah, like we have chats, you know, like on Telegram, right? So I operate on Telegram now; I have conversations with all the successful people, uh, and if I go to the top when I’ve sent them the link to join, sign up, and to the bottom, it’s just a history of a—it’s like an internet history; it’s like a history of their development. Oh, this is the chapter; this is the chapter; what can I do to do better in this trade? Was my stoploss placement good? Did I shave my stoploss? Correct my payout certificate; my payout—one thing as well with us, we don’t celebrate phase ones; Phase 2 is or nothing; I don’t care; phase one is you.

Can fluke that man phase two. But the main thing is, as well, make the money on the on the on the funded right? I tell people all the time, at least clear your ROI off me, what you pay me, at least make that money back, man. Like you're home free now, you just you paid your own mentorship off basically. I told him that straight up, like make some money on it, make your money back from your education services and the funded account, and that's it. Now everything is going to be yours. Mhm. And uh, that's it. And um, but it helps people, like people like five, like RI, like Diego, there's a lot of others as well. Um, P, there's one guy called PK on Twit, he smashes it. He's just FTMO, just don't interview. He would have flipping, if it was any other FM, he have he would have an interview. He smashes it.

Um, you see having guys like that, it's like in a classroom, they're doing it. The people that are up and coming can do it as well. But one thing as well, people don't understand the time it took him. People think he just go in a day. You didn't, dude. This guy, he had to work as aof, like I remember like the lows he went, like you know, losing accounts, uh, just throwing money into the fire basically. He didn't know how to trade, and he's just going funded after funded. I had to cap him, like you know, I told him, yeah, stop buying 100K accounts. He said, yeah, I stop buying 100K accounts, bro. Just go do 25 or 50 first and then build from there. I had to I had to tell him that because I don't want him to lose more money than what he is, but I know he's going to hurt himself. I'm going to say, look, at least you're not going to listen to me. Yeah, stop buying expensive accounts. That's the least I can do for him, is it?

But uh, yeah, like being proud is not just like, yeah, all five definitely, but all of them, as long as you're making an honest effort. I think as long as you're making an honest effort and you're taking managed risks, I mean you're buying funded accounts that aren't going to financially crumble youh, and you're giving your best shot and like you've got the green light from me saying like, oh, like should I consider? Cuz I told them you have to do 30 back tests, M, and you're confident with the model, like you could show me like you know exactly like the how you're getting a higher timeframe bias to the entry, you're doing it 30 times for me, so I know like five can be lucky, 10, 20, 30 is black and white to me. Um, and we use FX Replay to do that. I'm not affiliated with them, I know you don't, but I think they're flipping amazing. I think if there was FX Replay in my time, I would use that because your fast forwarding time, you know, like demo, I we don't even demo no more by the way, you know, I used to tell like you need to demo trade, M, go Replay, that is better than a demo because you can get in like 10, you can get if you do three trade setups a day, mhm, you're getting 21 in a week. That's that's literally like a month of demo testing. Do you see my point? It's way better, and then go for I think you'll make it, just if you're taking managed risks, buying funds that you can lose comfortably and you're trying your best. I think it's just the only thing separating you from where you want to be is time. You just got to take out the time, like it's going to take hard, man. Like look, if you went into any other business, understand it's going to take time, and the same problems you had, like you know, like oh, the doubt, am I going to make it, is it for me? You're going to have that in everything, man. You rather have it in trading than in flipping a 9 to 5, I can promise you that much at least in it.

But yeah, in terms of uh, correlation between these traders who have performed very well in your in your mentorship, what sort of correlation in terms of their traits, work ethic, any particular patterns that you've recognized in them? Can take, they put in the fair show, like I said, all in trading, yeah, it's very over complicated, and what they've done is is simplified, you know what you're looking for and you're hitting go with good risk. I'm not I'm not here to complicate, that's it. You know what you're looking for and you're hitting it with the correct risk, that's what they do well. Now where people go left is they start to revenge trade, they start to over leverage, they start to do all the stuff they shouldn't do when they take a loss. How how are you when you take a loss? It says a lot. I say all the time, yeah, if you take a loss, just walk out of the room, just go about your day. No loss should like damage you. Look, no one, do you remember how much you risk per trade, me? Yeah, 1%, 1%. Do you remember the 1% loss you took in August last year? Okay, what what's a a trade, how much did you risk when you like blew like you blew yourself up one time, like your whole account, you just risk like the max, the max like personal funds, whatever, like you ever BW an account? Yeah, loads of too many times. Do you remember a specific? I remember a specific one, yeah, there, and you only remember it, the only was everything, yeah, because it was a risk. No one remembers the managed risk that they in it. Who remembers the managed uh stop loss that they they lost? You don't remember that, you not going to if you took a managed loss year, you're not going to remember that. It's when if the trade left a bad taste in your mouth, yeah, it's for a reason. It's either you mismanaged the plan, you entered where you shouldn't have entered, you put your stop where your stop shouldn't have been, or you hit it with too much risk, and that's left the bad taste in your m, that's when you know you need to do something. And risk appetite is different to everyone as well. 1% might be too much for someone, 0.5 might be too much to someone, you need to find find your own thing, and you can always build a risk tolerance. I say it comes with confidence, you know, first you need to get confident in understanding price right, you know when you done a few trade setups and you're confident with it, it's very easy to kind of just put the risk up a bit from 0.5 maybe to 1%. On the challenges, instead, this is where people need to start. You're never going to have my you won't have my confidence on your first trade if you're a first-year guy, this your first six months, you're not going to have my confidence because you just got into this game. You need to do your reps, you need to do the sets, and then you're going to get confident in it, and that's one thing you can't cheat, but people don't understand that, they just want to get to oh, I want to be like that, I want to be ice cold and trade like this, that you're not going to, you'll get there after you you got your like Medals of Honor type thing, isn't it? Yeah, yeah.

No, I think one thing that really stuck out to me is with that homework in particular, because you're forcing them to see the patterns in the market as you said, and then of course obviously the discipline, the risk management on top of that, but once you've seen the patterns and actually done the work to do it, now that it becomes easier, that's the wrong word, but it's more so that it's more natural because and most of all you start to trust the patterns, trust what you're seeing, but that's how humans work, right? That's how your brain works, like you know, you do something enough times and it becomes routine. Look, everyone has habits, good and bad habits, and they're made the same way, like people that eat junk food is why is it because you kept doing it? You've done it so many times, you keep doing it, like you got a good habits, he's speaking to me, you got you got good habits, it's because you've been you you've been doing it for long enough, it's the same thing, like cool, that's one homework we got there, there's other ones, like I say every single time when a new when a new technical is a talk like a fair value break, a block Market maker model, I say show me examples, because that's the only way you're going to engrave it in your brain, right? Like the the one that we mentioned, the find the high and the low of the week. There's a worse one, the one after that is the times at the high in the low of the days made for six months of day off. I remember that for six months cuz high in the low of the week traumatizes for for the next one is like high or low, and you'll see like usually the opposite end is made from Midnight to like 5:00 a.m. New York time, and um, people think that oh, the high the day is that must be made in New York then, no, it's not, it's made after New York. The main end of the range being the high of a bullish day or the low of a bearish day is made after New York, but what does it mean if it's made after? That means expansion was made in New York. Did you get what I'm saying? Because to make that low from the high, the in between is expansion, is it? So that time in between therefore means expansion, which is the New York open Kill Zone. The New York open Kill Zone usually expands and then it closes off a bit after, but these things you do it and you see it cuz I can tell you that and you might not you it might not you might not have deeped it like that when you if you go on your chart right now and you go and do it and you you do it for six months and you see it, you're going to understand, okay, I know how a bearish day forms now. Now you know when you know how a bearish and bullish week forms, a bearish and bullish day forms, you have a big advantage because now you know how to position yourself in a bearish and bullish day and the likely times it's going to happen. All you got to do now is get good at is the day going to be bearish or bullish? If it does if the day is going to be bullish, oh, I know how that day is going to form, I know how to align myself in that day then and the time of day that's going to happen, and that's as simple as trade it can be. That itself can be a whole model daily candle prediction if you're a New York open Kill Zone Trader. All you need is a retracement entry, an optimal trade entry, that's it. You don't need something quirky, and we don't go on anything under the five minutes as all. I think anything under the five minute creeps in too much error. One minute, you know, um, the one minute to the five is a 5x more candles, mhm, and one thing I say to people is the 1 hour is the intraday timeframe because 5 to 15 is what multiple three, what's 15 to 1 four, there's not, look at your 15-minute chart like during a in in a in a 24-hour period of a day right from Midnight to midnight, look at your 15-minute chart and look at your 1 hour, chop it's not that different, M, it's really not that different. I think 50 minute is probably the best entry timeframe. I think 5 minute is uh, we use 5 minute in the sense of like, look, if there's a 15-minute displacement candle, cuz it takes three it takes um three 5 to make a 15, right? One displacement candle in that 15 might have a fair value gap on the five, yep, that's the only time where a five minute will be applicable for for us to use it. It's just to like we know the 15 and five have to be in line, and the five is just getting a bit more precision on the 15, simple, doesn't have to be complicated, literally that's it. I love it, and you know, I wish we could keep going for many many more hours. That it's not easy to get a hold of you in particular. Yeah, you've been running away from me for a while. We managed to get him, which I'm so happy for, and it was a pleasure to have both of you, and I think you know one thing that will be hopefully something maybe that a trend could be set is a with their Mentor, you know someone who's process, I'm pretty sure there's some there's there's loads of people out there that should be able to do it. I mean it's kind of putting your money where your mouth is type thing, isn't it? Definitely, it definitely, and it's been a pleasure to have both of you with us today, and fingers crossed maybe we can set up that Round Table, you know that would be sick. That would be sick. Yeah, but everyone, if you want to see om more on a day trading show, please do let me know. He's running away from me, I swear, but no, drop a comment, your biggest takeaway from this episode. I know there was a lot of actionable stuff as always, um, we wouldn't expect any less from Omar. I'll try and avoid saying NBB, but um, I know you want to see a part three, no doubt, or wanted more, and I'm sure we can get it. We'll give some time and then we'll see where we're all at, uh, but hit subscribe, and until next time everyone, take care. [Music]