00:00:00:00 - 00:00:03:02
it's easier for me now to go for making,

00:00:03:13 - 00:00:04:17
you know, I think my biggest day

00:00:04:17 - 00:00:07:12
was like $12,000 or $14,000

00:00:07:12 - 00:00:08:24
to go for making something like that.

00:00:08:24 - 00:00:11:24
So making $300 on the day

00:00:11:25 - 00:00:12:26
because I need to

00:00:12:26 - 00:00:14:11
because I need to be safe.

00:00:14:11 - 00:00:15:24
I need to play defensive.

00:00:15:24 - 00:00:17:20
And the way I really like,

00:00:17:20 - 00:00:19:28
try to face it in my head is

00:00:19:28 - 00:00:21:01
when I've got buffer

00:00:21:01 - 00:00:23:00
and I'm in a good place,

00:00:23:00 - 00:00:25:01
I tend to get very aggressive.

00:00:25:01 - 00:00:27:10
So I'm, I'm, I'm attacking.

00:00:27:10 - 00:00:28:18
But if I don't have a buffer

00:00:28:18 - 00:00:29:23
and I'm in a down draw,

00:00:29:23 - 00:00:31:06
then I shift my mind

00:00:31:06 - 00:00:32:24
to just playing defense.

00:00:32:24 - 00:00:33:27
All I'm doing is playing

00:00:33:27 - 00:00:35:02
defense right now,

00:00:35:02 - 00:00:35:29
and I know that once

00:00:35:29 - 00:00:37:17
I work my way out of this,

00:00:37:17 - 00:00:39:22
then I can get back to having fun and,

00:00:39:22 - 00:00:40:25
you know, making more money

00:00:40:25 - 00:00:42:29
and being more aggressive.

00:00:42:29 - 00:00:44:28
But in the meantime, I need to survive.

00:00:44:28 - 00:00:47:19
And if you don't adapt,

00:00:50:07 - 00:00:51:26
Welcome everybody to another funded

00:00:51:26 - 00:00:53:09
trader of Trade The Pool.

00:00:53:09 - 00:00:55:20
Today, a long time trader,

00:00:55:20 - 00:00:56:13
that been with us

00:00:56:13 - 00:00:57:22
probably from the start.

00:00:57:22 - 00:00:58:09
Arbnor

00:00:58:09 - 00:01:00:26
joined us again for the third interview.

00:01:00:26 - 00:01:02:03
How's it going, buddy?

00:01:02:03 - 00:01:04:01
Good. How are you doing? How you doing?

00:01:04:01 - 00:01:05:01
I'm good, I'm good.

00:01:05:01 - 00:01:05:16
You know,

00:01:05:16 - 00:01:06:24
we did an interview

00:01:06:24 - 00:01:07:27
when you you first,

00:01:07:27 - 00:01:09:09
passed your evaluation,

00:01:09:09 - 00:01:10:29
then when you get your,

00:01:10:29 - 00:01:13:27
payout, like, 15K, I guess it was.

00:01:13:27 - 00:01:14:05
Yeah.

00:01:14:05 - 00:01:16:18
And and now we're doing another one.

00:01:16:18 - 00:01:17:13
You

00:01:17:13 - 00:01:19:28
you pulled, like, more than $40,000

00:01:19:28 - 00:01:22:26
with us, and, Yeah. It's incredible.

00:01:22:26 - 00:01:24:28
So I had to bring you again,

00:01:24:28 - 00:01:25:28
you know, just to chat

00:01:25:28 - 00:01:27:20
that little bit for the guys that,

00:01:27:20 - 00:01:28:02
you know,

00:01:28:02 - 00:01:29:01
to see the progress

00:01:29:01 - 00:01:31:04
that you made as a trader and,

00:01:31:04 - 00:01:32:11
with Trade The Pool

00:01:32:11 - 00:01:34:22
and also talk about trading to see

00:01:34:22 - 00:01:36:16
dive in to your trades,

00:01:36:16 - 00:01:38:18
actually hear from you.

00:01:38:18 - 00:01:39:28
How did you do that, right?

00:01:39:28 - 00:01:40:18
So let's

00:01:40:18 - 00:01:43:01
yeah let's dive in and take it away.

00:01:43:01 - 00:01:43:17
Yeah. Yeah.

00:01:43:17 - 00:01:44:23
So I've done over 50

00:01:44:23 - 00:01:46:17
grand in withdrawals.

00:01:46:17 - 00:01:49:09
At this point and they've ranged

00:01:49:09 - 00:01:50:07
I've been able to withdraw

00:01:50:07 - 00:01:54:02
every single month since I think August.

00:01:54:02 - 00:01:58:01
So from August until, until February,

00:01:58:08 - 00:01:59:10
I think I missed one month,

00:01:59:10 - 00:02:00:04
which was December,

00:02:00:04 - 00:02:02:08
but I was going through some stuff is

00:02:02:08 - 00:02:03:13
it was kind of hectic.

00:02:03:13 - 00:02:04:27
And then the withdrawals have ranged

00:02:04:27 - 00:02:08:04
from like 18 grand to four grand,

00:02:08:04 - 00:02:09:20
I think being the,

00:02:09:20 - 00:02:11:28
the smallest one on the month now.

00:02:11:28 - 00:02:14:20
And, Yeah, overall, over 50 grand so far.

00:02:14:20 - 00:02:15:01
And what,

00:02:15:01 - 00:02:16:21
we're all like six, six, seven months,

00:02:16:21 - 00:02:18:12
I think something like that.

00:02:18:12 - 00:02:20:05
So it's been it's been pretty good.

00:02:20:05 - 00:02:21:09
that's incredible to hear.

00:02:21:09 - 00:02:23:26
You know, we're doing our best here.

00:02:23:26 - 00:02:27:17
And, and I am 100% believe in what we do.

00:02:27:17 - 00:02:29:10
And the fact is,

00:02:29:10 - 00:02:29:19
you know,

00:02:29:19 - 00:02:30:25
just to see guys

00:02:30:25 - 00:02:33:25
like you making it in the market and

00:02:33:29 - 00:02:34:29
pulling that cash

00:02:34:29 - 00:02:37:08
from it, it's incredible.

00:02:37:08 - 00:02:38:09
And, let's dive in.

00:02:38:09 - 00:02:40:18
Are you mostly..  you're basically

00:02:40:18 - 00:02:41:27
doing the same concept

00:02:41:27 - 00:02:44:01
that you did in the first place, trading,

00:02:44:01 - 00:02:45:21
penny stocks, right?

00:02:45:21 - 00:02:46:01
Yeah.

00:02:46:01 - 00:02:46:17
Yeah, yeah, yeah.

00:02:46:17 - 00:02:48:06
Shorting shorting penny stocks.

00:02:48:06 - 00:02:49:11
You know, sub20 dollars

00:02:49:11 - 00:02:50:07
for the most part.

00:02:50:07 - 00:02:54:03
Small caps, just hyper parabolic stocks

00:02:54:03 - 00:02:55:03
that are overvalued

00:02:55:03 - 00:02:57:27
300, 400, 1,000% on the day.

00:02:57:27 - 00:03:00:18
And and just writing them down, I've done

00:03:00:18 - 00:03:01:23
a little bit of longing,

00:03:01:23 - 00:03:04:06
but I tend to take losses.

00:03:04:06 - 00:03:05:18
So I try to stay away from it.

00:03:05:18 - 00:03:07:21
I longed something today.

00:03:07:21 - 00:03:08:26
Let me see what it was here.

00:03:08:26 - 00:03:10:25
I think it was.

00:03:10:25 - 00:03:12:22
A I took a $200 loss on it,

00:03:12:22 - 00:03:14:10
you know, real small size.

00:03:14:10 - 00:03:15:14
Because, like I said,

00:03:15:14 - 00:03:17:25
I don't like longing too much, but,

00:03:17:25 - 00:03:18:13
it is something I'm

00:03:18:13 - 00:03:21:06
trying to incorporate, and get better at,

00:03:21:06 - 00:03:21:27
but for the most part,

00:03:21:27 - 00:03:24:01
yeah, just short selling.

00:03:24:01 - 00:03:25:21
So did you see any change?

00:03:25:21 - 00:03:27:13
Let's let's start from the beginning.

00:03:27:13 - 00:03:29:10
Right. The first trade, your evaluation.

00:03:29:10 - 00:03:32:07
You did a few attempts and then pass it.

00:03:32:07 - 00:03:32:29
Right.

00:03:32:29 - 00:03:34:15
What change along the way

00:03:34:15 - 00:03:36:02
from, from the first time

00:03:36:02 - 00:03:39:02
you took the evaluation till today

00:03:39:02 - 00:03:40:19
I think the biggest thing was,

00:03:40:19 - 00:03:42:11
was like treating it like a business.

00:03:42:11 - 00:03:45:09
So, being very selective on my plays,

00:03:45:09 - 00:03:46:26
and then I think the,

00:03:46:26 - 00:03:49:19
the shift, the real shift for me was,

00:03:49:19 - 00:03:50:27
sitting on my hands,

00:03:50:27 - 00:03:51:29
which is something I had

00:03:51:29 - 00:03:53:07
I had trouble doing.

00:03:53:07 - 00:03:55:27
I was over trading, just trade anything.

00:03:55:27 - 00:03:57:21
Just doing too much.

00:03:57:21 - 00:04:00:09
And now, like, yesterday, I didn't trade.

00:04:00:09 - 00:04:02:14
Today I traded, but real small loss,

00:04:02:14 - 00:04:03:20
and I'm just leaving it alone.

00:04:03:20 - 00:04:04:28
I mean, for me,

00:04:04:28 - 00:04:06:11
this isn't the most favorable market.

00:04:06:11 - 00:04:08:12
I mean, nothing's really extended.

00:04:08:12 - 00:04:11:08
Nothing's really up over 200% - 300%.

00:04:11:08 - 00:04:13:15
So being able to just sit

00:04:13:15 - 00:04:16:15
and have the mindset of, like,

00:04:16:18 - 00:04:18:22
big green, small green break

00:04:18:22 - 00:04:19:28
even or small red,

00:04:19:28 - 00:04:21:26
it made me a lot more profitable,

00:04:21:26 - 00:04:22:18
you know what I mean?

00:04:22:18 - 00:04:25:05
And when when the plays aren't there,

00:04:25:05 - 00:04:26:27
I don't have my edge,

00:04:26:27 - 00:04:28:13
so it doesn't really matter

00:04:28:13 - 00:04:29:09
how much I'm winning

00:04:29:09 - 00:04:31:05
when I take these huge losses.

00:04:31:05 - 00:04:32:00
On slow days,

00:04:32:00 - 00:04:32:16
you know,

00:04:32:16 - 00:04:33:17
and I still struggle with it

00:04:33:17 - 00:04:35:09
sometimes, you know,

00:04:35:09 - 00:04:37:19
you sometimes I'll be up for 4 or 5 grand

00:04:37:19 - 00:04:39:08
and I'll give it all back.

00:04:39:08 - 00:04:40:22
I think that, yeah, I think that happened

00:04:40:22 - 00:04:41:19
like a few days ago.

00:04:41:19 - 00:04:42:14
I was up like three grand,

00:04:42:14 - 00:04:43:14
and I gave it all back,

00:04:43:14 - 00:04:45:04
and it turned into a red day.

00:04:45:04 - 00:04:46:08
So I'm going to make mistakes.

00:04:46:08 - 00:04:50:09
But, you know, that that shift was really

00:04:50:09 - 00:04:51:14
what got me profitable

00:04:51:14 - 00:04:53:28
and got me, like, very consistent,

00:04:53:28 - 00:04:54:06
you know?

00:04:54:06 - 00:04:54:12
And I'm

00:04:54:12 - 00:04:54:21
just trying

00:04:54:21 - 00:04:56:20
to, you know, just

00:04:56:20 - 00:04:59:11
focus on that and refine that and sharpen

00:04:59:11 - 00:05:00:25
that skill,

00:05:00:25 - 00:05:02:23
to become more and more profitable.

00:05:02:23 - 00:05:04:05
And that's incredible.

00:05:04:05 - 00:05:05:20
I mean, I know the guys that listening

00:05:05:20 - 00:05:06:15
right now,

00:05:06:15 - 00:05:08:10
they're always looking for more tips,

00:05:08:10 - 00:05:09:12
more advices,

00:05:09:12 - 00:05:11:14
as I did when I first started.

00:05:11:14 - 00:05:13:00
And, you know, to hear from someone

00:05:13:00 - 00:05:14:18
that actually making money

00:05:14:18 - 00:05:16:02
on a regular basis, 

00:05:16:02 - 00:05:18:03
that’s super important.

00:05:18:03 - 00:05:19:11
Thank you for sharing that.

00:05:19:11 - 00:05:20:07
Here’s another one

00:05:20:07 - 00:05:22:17
I would say, like if you're starting out,

00:05:22:17 - 00:05:25:17
maybe starting with like 2 or 3 setups,

00:05:25:18 - 00:05:26:17
you know, like,

00:05:26:17 - 00:05:28:15
you're not trying to long everything

00:05:28:15 - 00:05:28:27
or short

00:05:28:27 - 00:05:31:25
everything or learn ten different setups

00:05:31:25 - 00:05:32:24
at the same time.

00:05:32:24 - 00:05:33:09
It's like

00:05:33:09 - 00:05:34:14
you stick to like 2

00:05:34:14 - 00:05:36:11
or 3 very profitable ones,

00:05:36:11 - 00:05:38:18
and then just wait for those to come

00:05:38:18 - 00:05:39:19
and and you'll see,

00:05:39:19 - 00:05:42:00
you'll see the change in your account,

00:05:42:00 - 00:05:43:18
you know, pretty quickly.

00:05:43:18 - 00:05:43:29
Yeah.

00:05:43:29 - 00:05:46:04
Just waiting for the right setup. Right.

00:05:46:04 - 00:05:47:22
Yeah. That's, super important.

00:05:47:22 - 00:05:48:29
I mean, so,

00:05:48:29 - 00:05:49:19
so many times

00:05:49:19 - 00:05:50:12
I see traders

00:05:50:12 - 00:05:51:06
that are just

00:05:51:06 - 00:05:54:04
pounding the keyboard or the mouse

00:05:54:04 - 00:05:56:09
and just trying to get any,

00:05:56:09 - 00:05:57:25
anything, anywhere

00:05:57:25 - 00:05:59:29
just to be, in a position.

00:05:59:29 - 00:06:01:15
But at the end of the day, it's

00:06:01:15 - 00:06:04:10
not about that. It's about sniping. Right?

00:06:04:10 - 00:06:05:16
Just shooting like,

00:06:05:16 - 00:06:06:20
that's exactly what it is.

00:06:06:20 - 00:06:08:12
It's about sniping

00:06:08:12 - 00:06:10:02
and being like, very,

00:06:10:02 - 00:06:11:26
careful with your shots.

00:06:11:26 - 00:06:13:06
Because, you know,

00:06:13:06 - 00:06:14:16
you're going to take your losses

00:06:14:16 - 00:06:16:13
if you don't because you lose your edge,

00:06:16:13 - 00:06:16:24
you know,

00:06:16:24 - 00:06:17:12
and sometimes

00:06:17:12 - 00:06:18:27
you'll get lost in the trade.

00:06:18:27 - 00:06:19:12
I mean,

00:06:19:12 - 00:06:21:09
and I can understand it though, too,

00:06:21:09 - 00:06:22:16
because it's fun,

00:06:22:16 - 00:06:23:17
you know, it's fun to trade.

00:06:23:17 - 00:06:26:01
It's exciting to be in a trade.

00:06:26:01 - 00:06:28:25
But that discipline is what separates

00:06:28:25 - 00:06:30:17
the, the winners from the losers,

00:06:30:17 - 00:06:31:13
you know?

00:06:31:13 - 00:06:32:03
But for now,

00:06:32:03 - 00:06:32:11
But for now,

00:06:32:11 - 00:06:32:29
you mentioned

00:06:32:29 - 00:06:34:11
a few days ago that you lost,

00:06:34:11 - 00:06:36:00
a few grand, right?

00:06:36:00 - 00:06:38:00
How do you bounce from it?

00:06:38:00 - 00:06:40:22
Because I just didn't like, a webinar

00:06:40:22 - 00:06:42:21
and talked about the, major drawdown,

00:06:42:21 - 00:06:44:09
how to how to bounce finance.

00:06:44:09 - 00:06:45:18
I would love to hear your story.

00:06:45:18 - 00:06:46:22
Or what do you do?

00:06:46:22 - 00:06:48:07
Yeah, I'm going to draw down right

00:06:48:07 - 00:06:49:00
now, actually,

00:06:49:00 - 00:06:50:00
it's kind of significant,

00:06:50:00 - 00:06:53:26
but what I do is I just, I,

00:06:54:05 - 00:06:58:10
I size down, so I'm sizing down a lot.

00:06:58:10 - 00:06:59:06
So, let's say

00:06:59:06 - 00:07:01:05
I'm typically going in

00:07:01:05 - 00:07:03:19
risking a grand 1500

00:07:03:19 - 00:07:04:29
depending on the setup.

00:07:04:29 - 00:07:06:02
If I have enough buffer,

00:07:06:02 - 00:07:07:13
I'm very comfortable doing that.

00:07:07:13 - 00:07:09:25
I'm comfortable with risking max loss

00:07:09:25 - 00:07:12:25
and all my profits if the is good enough.

00:07:13:00 - 00:07:15:15
But when I do go through down draws,

00:07:15:15 - 00:07:17:21
I size down a lot.

00:07:17:21 - 00:07:19:06
So let's say tomorrow

00:07:19:06 - 00:07:22:20
I'd only be risking $300, you know, $300.

00:07:22:20 - 00:07:24:12
And I try to make 600

00:07:24:12 - 00:07:25:08
and sort of work

00:07:25:08 - 00:07:27:03
my way out of that down draw.

00:07:27:03 - 00:07:29:14
And so I get to a more comfortable place,

00:07:29:14 - 00:07:30:26
and then I start to ramp back

00:07:30:26 - 00:07:32:01
up, size back up.

00:07:32:01 - 00:07:32:11
Excuse me.

00:07:32:11 - 00:07:33:07
And typically what happens

00:07:33:07 - 00:07:34:25
is I'll just go parabolic

00:07:34:25 - 00:07:36:02
and get out of the down draw

00:07:36:02 - 00:07:37:17
and go to break even

00:07:37:17 - 00:07:39:14
and then push out from there.

00:07:39:14 - 00:07:40:26
I think what helps, too,

00:07:40:26 - 00:07:42:13
is like having those green days,

00:07:42:13 - 00:07:44:06
you know, like

00:07:44:06 - 00:07:45:29
stacking those wins on top of each other,

00:07:45:29 - 00:07:47:10
even though you're not,

00:07:47:10 - 00:07:48:28
you go for making $2,000 a day

00:07:48:28 - 00:07:51:22
to 500 a day or 400 a day.

00:07:51:22 - 00:07:52:29
It's a little challenging,

00:07:52:29 - 00:07:54:09
but a green Monday,

00:07:54:09 - 00:07:56:07
a green Tuesday, Wednesday,

00:07:56:07 - 00:07:56:14
you know,

00:07:56:14 - 00:07:58:11
you start to get that ball rolling

00:07:58:11 - 00:07:59:00
and you start to, like,

00:07:59:00 - 00:08:01:15
kind of find your rhythm again.

00:08:01:15 - 00:08:02:21
And then from from there,

00:08:02:21 - 00:08:04:07
it just makes it so much easier.

00:08:04:07 - 00:08:06:11
And now you've also built more buffer

00:08:06:11 - 00:08:07:02
and you've kind of,

00:08:07:02 - 00:08:08:08
you know, come out of that down

00:08:08:08 - 00:08:09:04
a little bit and like,

00:08:09:04 - 00:08:10:06
it helps with the confidence.

00:08:10:06 - 00:08:11:17
That's, that's primarily and I've,

00:08:11:17 - 00:08:13:11
I've had to do this a bunch of times.

00:08:13:11 - 00:08:15:14
And that's, that's primarily how I do it.

00:08:15:14 - 00:08:17:06
You know, just sizing down, stacking

00:08:17:06 - 00:08:19:04
wins, building that confidence.

00:08:19:04 - 00:08:19:28
And then, you know,

00:08:19:28 - 00:08:21:13
pushing out from there.

00:08:21:13 - 00:08:22:03
Yeah.

00:08:22:03 - 00:08:24:08
We'll talk about the buffer in a second

00:08:24:08 - 00:08:25:16
because we covered

00:08:25:16 - 00:08:28:00
that also in the previous interview.

00:08:28:00 - 00:08:30:07
And a lot of the guys really,

00:08:30:07 - 00:08:30:27
you know,

00:08:30:27 - 00:08:33:07
we're getting tons of great feedback,

00:08:33:07 - 00:08:34:25
on this video

00:08:34:25 - 00:08:36:29
and really guys that appreciating

00:08:36:29 - 00:08:39:15
 what you do and what you said there.

00:08:39:15 - 00:08:42:00
And but I want to talk about something

00:08:42:00 - 00:08:43:26
that you mentioned as well,

00:08:43:26 - 00:08:46:18
you know, but you're in a loss, right?

00:08:46:18 - 00:08:48:21
And you're sizing down,

00:08:48:21 - 00:08:51:08
but you want to push yourself

00:08:51:08 - 00:08:53:08
and actually be done with that

00:08:53:08 - 00:08:55:02
loss and continue to profit. Right.

00:08:55:02 - 00:08:57:05
And find your rhythm again.

00:08:57:05 - 00:08:58:18
And from time to time

00:08:58:18 - 00:08:59:16
it will be like I said,

00:08:59:16 - 00:09:00:27
You used to $2,000

00:09:00:27 - 00:09:03:18
and now you need to win like $300.

00:09:03:18 - 00:09:05:10
Yeah I did, it's like,

00:09:05:10 - 00:09:07:01
it plays with your mind, right?

00:09:07:01 - 00:09:08:12
Because you want to push yourself,

00:09:08:12 - 00:09:09:15
but it's actually

00:09:09:15 - 00:09:10:21
you need to hold back

00:09:10:21 - 00:09:12:05
and control yourself.

00:09:12:05 - 00:09:12:23
Yeah, yeah.

00:09:12:23 - 00:09:14:07
Is there a set of rules

00:09:14:07 - 00:09:15:25
or something that you follow

00:09:15:25 - 00:09:17:17
in order to keep yourself

00:09:17:17 - 00:09:19:13
Basically in those boundaries?

00:09:19:13 - 00:09:20:22
For me it came with time.

00:09:20:22 - 00:09:22:13
Like, if we, if we go through our,

00:09:22:13 - 00:09:23:14
you know, how many accounts

00:09:23:14 - 00:09:25:07
I've had, I've had a lot of accounts, man.

00:09:25:07 - 00:09:25:16
Yeah.

00:09:25:16 - 00:09:26:24
That I've, I've blown out,

00:09:26:24 - 00:09:27:14
you know what I mean.

00:09:27:14 - 00:09:28:15
And a part of

00:09:28:15 - 00:09:29:25
that was probably personal things

00:09:29:25 - 00:09:30:23
that I was dealing with

00:09:30:23 - 00:09:31:27
in at the time,

00:09:31:27 - 00:09:34:09
but also just not being disciplined.

00:09:34:09 - 00:09:36:01
And for me it just,

00:09:36:01 - 00:09:38:06
it's, it's, I've grown that muscle.

00:09:38:06 - 00:09:38:15
Right.

00:09:38:15 - 00:09:40:17
Like I've had to do it so many times

00:09:40:17 - 00:09:42:05
that, like, I've grown that muscle.

00:09:42:05 - 00:09:42:28
And I understand,

00:09:42:28 - 00:09:44:18
like what happens if I don't.

00:09:44:18 - 00:09:45:06
For example,

00:09:45:06 - 00:09:46:26
if I don't, I blow up my account.

00:09:46:26 - 00:09:48:19
Now I gotta restart, right?

00:09:48:19 - 00:09:50:13
So I gotta buy another account

00:09:50:13 - 00:09:52:19
and then pass another challenge.

00:09:52:19 - 00:09:53:10
And that money

00:09:53:10 - 00:09:55:07
that I made to pass the challenge,

00:09:55:07 - 00:09:55:27
I could have

00:09:55:27 - 00:09:57:08
it could have been real money.

00:09:57:08 - 00:09:57:14
Yeah.

00:09:57:14 - 00:09:58:28
And so it

00:09:58:28 - 00:10:01:04
I've just come to the point where

00:10:01:04 - 00:10:02:08
I'm able to accept that

00:10:02:08 - 00:10:03:26
this is just what I have to do,

00:10:03:26 - 00:10:05:12
and it's a little frustrating still,

00:10:05:12 - 00:10:07:01
but it's not the way it used to be.

00:10:07:01 - 00:10:08:14
You know, I've kind of

00:10:08:14 - 00:10:09:15
I've, it's

00:10:09:15 - 00:10:12:17
it's easier for me now to go for making,

00:10:13:12 - 00:10:14:16
you know, I think my biggest day

00:10:14:16 - 00:10:17:11
was like $12,000 or $14,000

00:10:17:11 - 00:10:18:23
to go for making something like that.

00:10:18:23 - 00:10:21:23
So making $300 on the day

00:10:21:24 - 00:10:22:25
because I need to

00:10:22:25 - 00:10:24:10
because I need to be safe.

00:10:24:10 - 00:10:25:23
I need to play defensive.

00:10:25:23 - 00:10:27:19
And the way I really like,

00:10:27:19 - 00:10:29:27
try to face it in my head is

00:10:29:27 - 00:10:31:00
when I've got buffer

00:10:31:00 - 00:10:32:29
and I'm in a good place,

00:10:32:29 - 00:10:35:00
I tend to get very aggressive.

00:10:35:00 - 00:10:37:09
So I'm, I'm, I'm attacking.

00:10:37:09 - 00:10:38:17
But if I don't have a buffer

00:10:38:17 - 00:10:39:22
and I'm in a down draw,

00:10:39:22 - 00:10:41:05
then I shift my mind

00:10:41:05 - 00:10:42:23
to just playing defense.

00:10:42:23 - 00:10:43:26
All I'm doing is playing

00:10:43:26 - 00:10:45:01
defense right now,

00:10:45:01 - 00:10:45:28
and I know that once

00:10:45:28 - 00:10:47:16
I work my way out of this,

00:10:47:16 - 00:10:49:21
then I can get back to having fun and,

00:10:49:21 - 00:10:50:24
you know, making more money

00:10:50:24 - 00:10:52:28
and being more aggressive.

00:10:52:28 - 00:10:54:27
But in the meantime, I need to survive.

00:10:54:27 - 00:10:57:18
And if you don't adapt,

00:10:57:18 - 00:10:58:22
you're not going to survive.

00:10:58:22 - 00:10:59:02
You know,

00:10:59:02 - 00:11:00:20
you're going to blow out your account.

00:11:00:20 - 00:11:01:21
And yeah,

00:11:01:21 - 00:11:02:21
I think to answer your question,

00:11:02:21 - 00:11:04:18
I guess it just came with time.

00:11:04:18 - 00:11:05:29
It came with time and practice.

00:11:05:29 - 00:11:07:23
You know. 100%

00:11:07:23 - 00:11:08:25
I'm going to share my screen

00:11:08:25 - 00:11:10:02
and show you dashboard,

00:11:10:02 - 00:11:11:17
at least one of the accounts here

00:11:11:17 - 00:11:12:18
that, that you have.

00:11:12:18 - 00:11:14:13
And for those of you

00:11:14:13 - 00:11:15:03
who are not familiar,

00:11:15:03 - 00:11:17:06
every trader gets his own dashboard.

00:11:17:06 - 00:11:19:12
And basically you can see the progress.

00:11:19:12 - 00:11:21:01
You can track your stats,

00:11:21:01 - 00:11:22:12
everything that you need

00:11:22:12 - 00:11:24:26
in order to understand where you're at.

00:11:24:26 - 00:11:27:26
So this is how it looks like.

00:11:28:03 - 00:11:30:14
And this is one of your funded accounts

00:11:30:14 - 00:11:33:14
up six grand a little bit, more.

00:11:33:15 - 00:11:36:15
And basically the the chart,

00:11:36:18 - 00:11:37:28
this is a decent chart.

00:11:37:28 - 00:11:39:02
And the like you said,

00:11:39:02 - 00:11:40:14
you reached the ceiling

00:11:40:14 - 00:11:42:05
and then had a pullback here

00:11:42:05 - 00:11:43:03
for a few days.

00:11:43:03 - 00:11:44:19
We'll see how you get yourself

00:11:44:19 - 00:11:45:28
out of that.

00:11:45:28 - 00:11:48:10
But generally speaking, a nice, chart

00:11:48:10 - 00:11:51:18
with pullbacks, support bouncing up again,

00:11:52:07 - 00:11:55:25
53% success rate 1.1 on the ratio.

00:11:55:25 - 00:11:57:03
Let's talk a little bit about that

00:11:57:03 - 00:11:58:22
because if I recall right.

00:11:58:22 - 00:12:00:01
Maybe I'm wrong.

00:12:00:01 - 00:12:01:14
But if I recall right you're a risk.

00:12:01:14 - 00:12:02:18
Reward in most cases

00:12:02:18 - 00:12:04:28
goes a little bit more than that. Right?

00:12:04:28 - 00:12:05:08
Oh yeah.

00:12:05:08 - 00:12:09:02
It was like one to like 1.8 or 1

00:12:09:02 - 00:12:10:11
or 2, typically.

00:12:10:11 - 00:12:11:00
And then my win

00:12:11:00 - 00:12:14:02
rate was 65% plus typically,

00:12:14:15 - 00:12:16:13
if you go through my, other accounts,

00:12:16:13 - 00:12:18:22
I have a better win rate and a better,

00:12:18:22 - 00:12:19:25
ratio and a lot of them

00:12:19:25 - 00:12:20:18
in a better chart.

00:12:20:18 - 00:12:22:04
I mean, honestly, I don't

00:12:22:04 - 00:12:23:19
the charts have been embarrassing to,

00:12:23:19 - 00:12:24:29
to be honest with you.

00:12:24:29 - 00:12:25:22
But, you know,

00:12:25:22 - 00:12:26:11
it's it's

00:12:26:11 - 00:12:27:18
a bit reflective of the market,

00:12:27:18 - 00:12:28:24
to be honest.

00:12:28:24 - 00:12:29:11
You know what I mean?

00:12:29:11 - 00:12:30:10
Like, for

00:12:30:10 - 00:12:30:27
as far as,

00:12:30:27 - 00:12:32:09
like my plays go, I remember

00:12:32:09 - 00:12:33:21
we were talking before

00:12:33:21 - 00:12:34:27
we got online that for you.

00:12:34:27 - 00:12:37:02
You're you're killing it right now.

00:12:37:02 - 00:12:39:14
But for my setups and, sort of the,

00:12:39:14 - 00:12:40:22
the market cap stocks

00:12:40:22 - 00:12:41:29
that I trade and,

00:12:41:29 - 00:12:44:29
and that the price range that I like,

00:12:45:06 - 00:12:46:21
I don't really have anything right

00:12:46:21 - 00:12:48:25
now, you know, things are popping up.

00:12:48:25 - 00:12:49:28
They're not overextended.

00:12:49:28 - 00:12:53:05
So my win rate is not as high.

00:12:53:11 - 00:12:54:15
The less extended it

00:12:54:15 - 00:12:56:00
is, the, the,

00:12:56:00 - 00:12:56:22
the harder

00:12:56:22 - 00:12:58:10
it is to for it to work,

00:12:58:10 - 00:12:58:21
you know what I mean?

00:12:58:21 - 00:13:00:00
It's hard to gauge

00:13:00:00 - 00:13:01:08
when you should get in

00:13:01:08 - 00:13:03:13
when it's not at like these key levels.

00:13:03:13 - 00:13:03:29
Yeah.

00:13:03:29 - 00:13:05:07
Or key resistance levels,

00:13:05:07 - 00:13:05:13
you know,

00:13:05:13 - 00:13:06:29
if it's not getting there,

00:13:06:29 - 00:13:08:07
because it's not extending enough,

00:13:08:07 - 00:13:09:11
then it's, it's harder to gauge.

00:13:09:11 - 00:13:11:16
So you take a hit on the win rate,

00:13:11:16 - 00:13:12:09
you take a hit

00:13:12:09 - 00:13:15:14
on, the, the risk to, to reward.

00:13:15:14 - 00:13:17:01
But, you know,

00:13:17:01 - 00:13:18:10
hopefully with hopefully

00:13:18:10 - 00:13:19:01
hopefully change

00:13:19:01 - 00:13:19:27
hopefully in a week or two

00:13:19:27 - 00:13:20:29
the market heats up

00:13:20:29 - 00:13:22:27
and you know I can make up for it.

00:13:22:27 - 00:13:24:09
But right now

00:13:24:09 - 00:13:25:19
yeah it's a it's a reflection

00:13:25:19 - 00:13:26:28
of kind of where,

00:13:26:28 - 00:13:29:26
where stocks are for me right now and

00:13:29:26 - 00:13:31:19
where the markets for me right now.

00:13:31:19 - 00:13:32:05
So Arbnor

00:13:32:05 - 00:13:33:17
I’m going to challenge you here

00:13:33:17 - 00:13:35:00
because like you said,

00:13:35:00 - 00:13:35:25
it's it's

00:13:35:25 - 00:13:37:13
a different time for you

00:13:37:13 - 00:13:39:23
when it comes to trading small caps.

00:13:39:23 - 00:13:41:22
Right. Shorting them. Yeah.

00:13:41:22 - 00:13:44:03
Do you think you need to,

00:13:44:03 - 00:13:46:27
you know, extend it to different market,

00:13:46:27 - 00:13:48:17
like different caps

00:13:48:17 - 00:13:50:23
like large cap, for example, large cap.

00:13:50:23 - 00:13:51:21
This. Yeah.

00:13:51:21 - 00:13:53:20
I mean, for times when you have,

00:13:53:20 - 00:13:55:23
you have the right tools to trade the,

00:13:55:23 - 00:13:57:04
the large cap. Times

00:13:57:04 - 00:13:59:19
when you can focus on the small cap.

00:13:59:19 - 00:14:01:23
Yeah. Yeah. I mean, probably. Right.

00:14:01:23 - 00:14:03:11
I mean, it is a good idea.

00:14:03:11 - 00:14:05:19
I think right now

00:14:05:19 - 00:14:07:15
I just want to perfect this,

00:14:07:15 - 00:14:08:29
like I want to,

00:14:08:29 - 00:14:10:10
you know, refine this

00:14:10:10 - 00:14:11:17
and become the best

00:14:11:17 - 00:14:14:04
at at this, at this moment.

00:14:14:04 - 00:14:16:20
And then once I get to a certain place

00:14:16:20 - 00:14:17:21
financially and once

00:14:17:21 - 00:14:20:03
I get to a place where I feel like I'm,

00:14:20:03 - 00:14:22:03
I'm really, really killing it,

00:14:22:03 - 00:14:24:04
I think I will extend myself out to

00:14:24:04 - 00:14:26:29
large caps or maybe something else

00:14:26:29 - 00:14:28:20
like, I think a problem too is I don't

00:14:28:20 - 00:14:30:05
I don't know anyone.

00:14:30:05 - 00:14:30:25
I don't really have

00:14:30:25 - 00:14:33:08
anything that can guide me, you know?

00:14:33:08 - 00:14:34:11
Like, I had Michael,

00:14:34:11 - 00:14:34:29
our friend

00:14:34:29 - 00:14:36:22
Michael that that helped me trade

00:14:36:22 - 00:14:38:04
and taught me how to trade.

00:14:38:04 - 00:14:39:27
I just don't have anyone that I guess

00:14:39:27 - 00:14:42:07
I trust that I can learn from.

00:14:42:07 - 00:14:43:28
I mean, you guys have resources,

00:14:43:28 - 00:14:45:05
and now I've got a lot more time,

00:14:45:05 - 00:14:45:29
so I can.

00:14:45:29 - 00:14:47:04
I can do that, but,

00:14:47:04 - 00:14:47:25
yeah, I'm

00:14:47:25 - 00:14:50:01
thinking maybe six months from now,

00:14:50:01 - 00:14:50:17
you know,

00:14:50:17 - 00:14:53:17
when I get to a good, good, good place,

00:14:53:20 - 00:14:55:00
I will probably start to transition

00:14:55:00 - 00:14:56:21
into larger caps

00:14:56:21 - 00:14:59:02
and into slower moving stocks and,

00:14:59:02 - 00:15:00:22
you know, even holding for a couple days,

00:15:00:22 - 00:15:01:21
you know what I mean?

00:15:01:21 - 00:15:02:07
Where right now

00:15:02:07 - 00:15:03:02
I'm not doing that at all.

00:15:03:02 - 00:15:04:04
I mean, by the end of the day,

00:15:04:04 - 00:15:05:19
I'm typically out.

00:15:05:19 - 00:15:08:05
Oh, you know, because I do, you know,

00:15:08:05 - 00:15:08:29
I've been watching

00:15:08:29 - 00:15:11:28
many of our funded accounts, obviously.

00:15:11:28 - 00:15:13:14
And I see

00:15:13:14 - 00:15:14:25
and many of them shorting

00:15:14:25 - 00:15:17:02
those penny stocks, small caps.

00:15:17:02 - 00:15:18:26
But I do see on the, on the

00:15:18:26 - 00:15:21:06
we have a swing account as well. Right.

00:15:21:24 - 00:15:22:29
I saw that.

00:15:22:29 - 00:15:24:26
We have the swing and on the swing the

00:15:24:26 - 00:15:26:02
for example Sabrina,

00:15:26:02 - 00:15:28:21
one of one of our traders,

00:15:28:21 - 00:15:31:04
she's been killing it on shorting

00:15:31:04 - 00:15:32:23
penny stocks but holding them

00:15:32:23 - 00:15:34:17
for like 2 or 3 days.

00:15:34:17 - 00:15:34:26
Yeah.

00:15:34:26 - 00:15:35:24
So they take

00:15:35:24 - 00:15:37:06
so you can easily

00:15:37:06 - 00:15:40:06
see she's taking similar trades like you,

00:15:40:06 - 00:15:41:22
but she's actually holding them

00:15:41:22 - 00:15:42:15
That's insane.

00:15:42:15 - 00:15:45:15
The what she does really incredible.

00:15:45:16 - 00:15:47:06
Do you have an interview with her?

00:15:47:06 - 00:15:48:02
We do. Yeah.

00:15:48:02 - 00:15:51:12
She pulled she pulled 5KA few weeks ago

00:15:51:24 - 00:15:53:01
and she just took

00:15:53:01 - 00:15:56:01
9K, like, literally two days ago.

00:15:58:09 - 00:15:59:21
I like to hear that

00:15:59:21 - 00:16:01:04
I want to watch it.

00:16:01:04 - 00:16:02:18
I want to watch the interview.

00:16:02:18 - 00:16:05:00
This is, on our VOD

00:16:05:00 - 00:16:06:22
It's on our website.

00:16:06:22 - 00:16:07:27
I'll check those of you all.

00:16:07:27 - 00:16:09:04
If tou're for the first time,

00:16:09:04 - 00:16:10:20
go to Tradethepool.com

00:16:10:20 - 00:16:13:00
you will see on the education section

00:16:13:00 - 00:16:14:13
the video we just launched.

00:16:14:13 - 00:16:16:05
It is it's amazing.

00:16:16:05 - 00:16:19:02
We we have probably 100 videos

00:16:19:02 - 00:16:20:12
to learn from there.

00:16:20:12 - 00:16:22:24
So check this check it out definitely

00:16:22:24 - 00:16:24:12
And I love this on Sabrina.

00:16:24:12 - 00:16:24:27
And I love it

00:16:24:27 - 00:16:26:24
because she's also a female, right.

00:16:26:24 - 00:16:28:27
So she doing something else

00:16:28:27 - 00:16:31:04
that we don't have in the market

00:16:31:04 - 00:16:31:19
for sure.

00:16:31:19 - 00:16:31:27
I've,

00:16:31:27 - 00:16:32:28
I've heard that some of the best

00:16:32:28 - 00:16:33:27
traders are females

00:16:33:27 - 00:16:35:01
I have here that,

00:16:35:01 - 00:16:35:24
they have better control

00:16:35:24 - 00:16:37:01
of their emotions.

00:16:37:01 - 00:16:38:22
We just need more of those.

00:16:38:22 - 00:16:40:12
Yeah. For sure, for sure.

00:16:40:12 - 00:16:40:22
Yeah.

00:16:40:22 - 00:16:41:23
Amazing.

00:16:41:23 - 00:16:42:25
let's dive into 1

00:16:42:25 - 00:16:44:24
or 2 trades that you did there

00:16:44:24 - 00:16:46:00
lately, right?

00:16:46:00 - 00:16:47:21
Maybe for the guys that listening

00:16:47:21 - 00:16:49:11
they actually want to see,

00:16:49:11 - 00:16:52:00
you know, your thinking process

00:16:52:00 - 00:16:53:25
and why you choose that,

00:16:53:25 - 00:16:55:14
why you entered here or that

00:16:55:14 - 00:16:56:23
why you closed that trade,

00:16:56:23 - 00:16:57:25
all of those things.

00:16:57:25 - 00:16:59:21
So we'll share your screen and then.

00:16:59:24 - 00:17:02:08
Okay, so this.

00:17:02:08 - 00:17:04:24
This was PSTV

00:17:04:24 - 00:17:07:26
We had some pretty good extension.

00:17:08:01 - 00:17:09:10
I want to say...

00:17:09:10 - 00:17:11:01
Let me look at it here.

00:17:11:01 - 00:17:11:07
Yeah.

00:17:11:07 - 00:17:12:15
This was a multi-day runner,

00:17:12:15 - 00:17:13:27
so within three days,

00:17:13:27 - 00:17:16:27
it went from $0.31 to

00:17:17:13 - 00:17:18:22
this pre-market high.

00:17:18:22 - 00:17:19:16
I think it was nearly.

00:17:19:16 - 00:17:22:08
Yeah. 250. Around three in the morning.

00:17:22:08 - 00:17:24:12
I left it alone most of pre-market.

00:17:24:12 - 00:17:26:27
I started to short a little bit

00:17:26:27 - 00:17:28:23
up into this pop,

00:17:28:23 - 00:17:31:23
and then I really sized in heavier,

00:17:31:23 - 00:17:35:13
right here risking, I think it was 265.

00:17:35:18 - 00:17:36:27
We had a pretty good fail.

00:17:36:27 - 00:17:39:27
I think I covered most of it

00:17:40:02 - 00:17:42:25
around, like the 1.70s, one 1.60s.

00:17:42:25 - 00:17:43:26
And then.

00:17:43:26 - 00:17:44:16
Oh, excuse me.

00:17:44:16 - 00:17:45:11
No, I covered

00:17:45:11 - 00:17:46:25
most of it into these 1.70s.

00:17:46:25 - 00:17:49:16
And then I took another re-short,

00:17:49:16 - 00:17:50:22
into the 1.80’s.

00:17:50:22 - 00:17:52:06
And I think I covered

00:17:52:06 - 00:17:55:03
that second go around

00:17:55:03 - 00:17:57:28
one 1.50s, 1.45.

00:17:57:28 - 00:18:00:16
It got a lot further.

00:18:00:16 - 00:18:03:05
We got into the 30s, high 20s.

00:18:03:05 - 00:18:04:21
But I pretty much just left it alone.

00:18:04:21 - 00:18:06:21
I think I made 800

00:18:06:21 - 00:18:07:14
the first go

00:18:07:14 - 00:18:10:11
and then like 600-700 on on the

00:18:10:11 - 00:18:11:26
re-short, for that trade.

00:18:11:26 - 00:18:12:21
Yeah.

00:18:12:21 - 00:18:13:06
What,

00:18:13:06 - 00:18:14:13
what got you into that

00:18:14:13 - 00:18:16:15
trade in the first place?

00:18:16:15 - 00:18:19:09
Let's say I was it was the overextension.

00:18:19:09 - 00:18:20:11
So I mean, like I was saying,

00:18:20:11 - 00:18:22:28
within three days this thing went from

00:18:22:28 - 00:18:24:24
I think it was like $0.30.

00:18:24:24 - 00:18:25:24
Let me see here.

00:18:25:24 - 00:18:26:03
Yeah.

00:18:26:03 - 00:18:30:18
It went from $0.31 on the fifth.

00:18:30:18 - 00:18:35:17
And then by the seventh it was at $2.50.

00:18:35:17 - 00:18:36:22
So I mean, this thing is

00:18:36:22 - 00:18:39:22
I mean, it's up a ridiculous amount.

00:18:39:22 - 00:18:41:01
And I knew that,

00:18:41:01 - 00:18:42:14
you know, that third day,

00:18:42:14 - 00:18:42:23
the day

00:18:42:23 - 00:18:44:05
that, that, that I got in that

00:18:44:05 - 00:18:46:03
it was probably done for,

00:18:46:03 - 00:18:47:05
it's just not sustainable,

00:18:47:05 - 00:18:47:17
you know what I mean?

00:18:47:17 - 00:18:50:17
To to to be up that much, that,

00:18:50:18 - 00:18:51:13
it's not sustainable

00:18:51:13 - 00:18:52:07
for it to be up that much.

00:18:52:07 - 00:18:55:02
So I figured I was very confident with that.

00:18:55:02 - 00:18:56:06
So just overextension,

00:18:56:06 - 00:18:57:14
you know, the way it was moving,

00:18:57:14 - 00:18:59:22
the weakness at the open, I've seen this.

00:18:59:22 - 00:19:00:23
I've seen this 100,

00:19:00:23 - 00:19:01:27
you know, a thousand times now.

00:19:01:27 - 00:19:02:04
You know,

00:19:02:04 - 00:19:02:23
I've seen these things

00:19:02:23 - 00:19:04:06
play out a thousand times now.

00:19:04:06 - 00:19:05:11
You know,

00:19:05:11 - 00:19:05:25
it's funny,

00:19:05:25 - 00:19:06:24
I've kind of gotten to the place

00:19:06:24 - 00:19:08:25
where, like, I can almost feel it,

00:19:08:25 - 00:19:09:02
you know?

00:19:09:02 - 00:19:10:11
I mean, I'm wrong sometimes, but,

00:19:10:11 - 00:19:12:25
you know, I can almost feel the weakness.

00:19:12:25 - 00:19:15:10
I can almost feel the exhaustion. And.

00:19:15:10 - 00:19:16:01
Yeah, that

00:19:16:01 - 00:19:16:16
that that

00:19:16:16 - 00:19:16:29
that made me

00:19:16:29 - 00:19:18:10
want to short that this is my

00:19:18:10 - 00:19:19:10
downdraw was talking about

00:19:19:10 - 00:19:20:12
for everybody.

00:19:20:12 - 00:19:20:23
Yeah.

00:19:20:23 - 00:19:22:22
So I've got $1,800 left

00:19:22:22 - 00:19:24:10
until this account is blown.

00:19:24:10 - 00:19:24:28
And this is,

00:19:24:28 - 00:19:25:28
this is what I meant by,

00:19:25:28 - 00:19:28:01
like, having to size down

00:19:28:01 - 00:19:31:03
because I can risk all of it

00:19:31:09 - 00:19:32:03
and potentially

00:19:32:03 - 00:19:34:09
make all this back in one trade,

00:19:34:09 - 00:19:36:20
but it doesn't make sense to do that.

00:19:36:20 - 00:19:38:18
It makes sense to play defense.

00:19:38:18 - 00:19:39:28
Play more carefully, size

00:19:39:28 - 00:19:41:12
down, work out of this.

00:19:41:12 - 00:19:43:24
Like, let's say I get to -2000,

00:19:43:24 - 00:19:44:22
then I'll start to feel

00:19:44:22 - 00:19:45:18
a lot more comfortable.

00:19:45:18 - 00:19:48:19
I'll start to size up more and, and burst

00:19:48:19 - 00:19:50:18
out from break even and and continue to

00:19:50:18 - 00:19:51:26
and then keep going.

00:19:51:26 - 00:19:53:14
A problem here too, you know,

00:19:53:14 - 00:19:54:03
because we were talking

00:19:54:03 - 00:19:55:16
about the buffer, remember.

00:19:55:16 - 00:19:55:22
Yeah.

00:19:55:22 - 00:19:56:24
Is,

00:19:56:24 - 00:19:57:29
I moved,

00:19:57:29 - 00:20:00:29
from an apartment to this apartment and,

00:20:01:10 - 00:20:02:13
I ended up spending a lot of money,

00:20:02:13 - 00:20:04:15
so I did a withdraw early

00:20:04:15 - 00:20:05:23
earlier than I wanted.

00:20:05:23 - 00:20:07:21
And not having, the buffer

00:20:07:21 - 00:20:09:07
that I'm comfortable with.

00:20:09:07 - 00:20:11:17
And this is why we keep buffer

00:20:11:17 - 00:20:13:19
for for situations like this,

00:20:13:19 - 00:20:14:28
you know, so that we don't,

00:20:14:28 - 00:20:17:04
overextend ourselves, and, and

00:20:17:04 - 00:20:19:10
and we're playing safe, you know?

00:20:19:10 - 00:20:22:16
And so this is a great example of

00:20:22:29 - 00:20:24:00
when you do you withdraw

00:20:24:00 - 00:20:25:20
if you're not careful.

00:20:25:20 - 00:20:27:05
You know, you can start to down,

00:20:27:05 - 00:20:28:17
draw a lot.

00:20:28:17 - 00:20:30:02
Yeah. You blow your account.

00:20:30:02 - 00:20:32:11
It's crazy to see how always

00:20:32:11 - 00:20:34:26
and the real life effect your trading.

00:20:34:26 - 00:20:35:07
Right.

00:20:35:07 - 00:20:36:05
You have something

00:20:36:05 - 00:20:37:17
that, takes you off

00:20:37:17 - 00:20:38:20
of balance

00:20:38:20 - 00:20:39:17
in real life,

00:20:39:17 - 00:20:40:26
and then automatically

00:20:40:26 - 00:20:43:05
it effect your trading and the

00:20:43:05 - 00:20:43:27
the decision

00:20:43:27 - 00:20:46:05
making becomes much harder.

00:20:46:05 - 00:20:49:05
And, in most cases negative for sure.

00:20:49:07 - 00:20:49:26
For sure.

00:20:49:26 - 00:20:52:26
And if, traders want another tip,

00:20:53:01 - 00:20:54:12
A personal life tip.

00:20:54:12 - 00:20:56:06
You know, keep good people around you,

00:20:56:06 - 00:20:56:18
you know,

00:20:56:18 - 00:20:58:11
keep good, stable people around you.

00:20:58:11 - 00:20:59:09
May it be friends

00:20:59:09 - 00:21:00:25
or girlfriends or boyfriends

00:21:00:25 - 00:21:01:25
if you're a girl

00:21:01:25 - 00:21:03:22
because they interactions

00:21:03:22 - 00:21:05:04
that you have with people,

00:21:05:04 - 00:21:07:00
or the situations that you get in,

00:21:07:00 - 00:21:07:14
you know, it

00:21:07:14 - 00:21:08:22
can it can really,

00:21:08:22 - 00:21:09:25
affect the way you trade

00:21:09:25 - 00:21:11:28
because a lot of it is emotional,

00:21:11:28 - 00:21:14:14
you know, and so if your personal life

00:21:14:14 - 00:21:15:15
is in shambles

00:21:15:15 - 00:21:18:02
and your relationships are in shambles,

00:21:18:02 - 00:21:20:01
you will see that, transition

00:21:20:01 - 00:21:21:08
into your trading,

00:21:21:08 - 00:21:23:27
it's like you need peace.

00:21:23:27 - 00:21:25:21
You need nothing but peace

00:21:25:21 - 00:21:26:09
and

00:21:26:09 - 00:21:27:22
this takes a lot out of you.

00:21:27:22 - 00:21:28:14
You know what I mean?

00:21:28:14 - 00:21:30:14
And if you're not in a good headspace,

00:21:30:14 - 00:21:32:06
if your personal life is in a,

00:21:32:06 - 00:21:33:12
in a good place,

00:21:33:12 - 00:21:34:25
it is going to be harder to,

00:21:34:25 - 00:21:35:28
to, to be profitable.

00:21:35:28 - 00:21:36:23
And I've seen that

00:21:36:23 - 00:21:38:26
look through my friends that also trade

00:21:38:26 - 00:21:40:00
when they're going through something,

00:21:40:00 - 00:21:42:07
I can see their trading started.

00:21:42:07 - 00:21:43:07
You know, it's so funny

00:21:43:07 - 00:21:44:28
because we're all taking the same trades.

00:21:44:28 - 00:21:46:06
We're in a group chat together,

00:21:46:06 - 00:21:47:24
but I might be winning

00:21:47:24 - 00:21:49:09
and somehow they're losing

00:21:49:09 - 00:21:52:04
because maybe they're oversize, or

00:21:52:04 - 00:21:53:10
maybe they got into late,

00:21:53:10 - 00:21:54:21
or maybe they didn't sleep enough,

00:21:54:21 - 00:21:55:22
so they woke up too late

00:21:55:22 - 00:21:57:07
and and missed the trade.

00:21:57:07 - 00:21:58:10
You know, it's

00:21:58:10 - 00:22:00:21
it's really interesting how it all works,

00:22:00:21 - 00:22:01:01
you know,

00:22:01:01 - 00:22:02:28
and how mental this thing really is,

00:22:02:28 - 00:22:04:04
100%

00:22:04:04 - 00:22:05:27
Going back to the technical,

00:22:05:27 - 00:22:08:13
Arbnor, you mostly, trade the pre-market

00:22:08:13 - 00:22:09:27
or you wait for the opening bell?

00:22:09:27 - 00:22:11:20
Primarily, I'm waiting for

00:22:11:20 - 00:22:12:18
for the opening bell.

00:22:12:18 - 00:22:13:11
I might,

00:22:13:11 - 00:22:14:09
you know, in the past,

00:22:14:09 - 00:22:15:19
I, I'd get in at, like,

00:22:15:19 - 00:22:17:18
seven in the morning and

00:22:17:18 - 00:22:18:24
stuff like that, but,

00:22:18:24 - 00:22:20:04
I found it's too early for me.

00:22:20:04 - 00:22:21:24
I like if I'm going to get in pre-market,

00:22:21:24 - 00:22:24:22
it's going to be the the earliest.

00:22:24:22 - 00:22:25:24
It's going to be 30 minutes

00:22:25:24 - 00:22:27:26
before market open.

00:22:27:26 - 00:22:29:03
Because

00:22:29:03 - 00:22:30:15
pre-market, I mean, just so much,

00:22:30:15 - 00:22:32:07
so much can happen,

00:22:32:07 - 00:22:32:22
you know,

00:22:32:22 - 00:22:34:03
and in pre-market,

00:22:34:03 - 00:22:35:12
I mean, it's not going to halt.

00:22:35:12 - 00:22:38:06
So if it if it goes crazy, it

00:22:38:06 - 00:22:39:28
I've seen it do

00:22:39:28 - 00:22:43:00
you know, 80% in three minutes.

00:22:43:00 - 00:22:43:18
Four minutes.

00:22:43:18 - 00:22:45:00
Like I've seen it do some crazy stuff.

00:22:45:00 - 00:22:46:10
So, yeah,

00:22:46:10 - 00:22:48:05
like 15 minutes before the market, before

00:22:48:05 - 00:22:49:13
market open typically.

00:22:49:13 - 00:22:50:26
And then I'm not going in full size.

00:22:50:26 - 00:22:52:11
Usually I'm going in

00:22:52:11 - 00:22:53:24
quarter size, half size,

00:22:53:24 - 00:22:55:19
and then I'll really load up

00:22:55:19 - 00:22:56:09
once,

00:22:56:09 - 00:22:58:01
it opens up, it kind of gets volatile

00:22:58:01 - 00:23:00:04
and it kind of shows out a little bit.

00:23:00:04 - 00:23:01:19
I'll start to really load in my shares

00:23:01:19 - 00:23:02:10
my size, and that's incredible.

00:23:02:10 - 00:23:03:02
That's incredible.

00:23:03:02 - 00:23:05:02
I really appreciate

00:23:05:02 - 00:23:07:11
everything you shared today.

00:23:07:11 - 00:23:09:09
And, you know,

00:23:09:09 - 00:23:10:20
I'm sure you will pull yourself

00:23:10:20 - 00:23:12:09
out of that, drawdown.

00:23:12:09 - 00:23:14:24
Yeah. And get back on the horse.

00:23:14:24 - 00:23:17:08
Yeah, yeah, yeah, I I'm I'm honestly not.

00:23:17:08 - 00:23:19:03
It's it's funny what confidence does

00:23:19:03 - 00:23:20:16
because I'm not even concerned about it.

00:23:20:16 - 00:23:21:12
Like to be honest with you.

00:23:21:12 - 00:23:22:13
Like, I'm

00:23:22:13 - 00:23:23:06
very confident

00:23:23:06 - 00:23:24:22
in the fact that I probably will.

00:23:24:22 - 00:23:26:00
And if I don't then that's okay.

00:23:26:00 - 00:23:27:27
And, and I take my lessons

00:23:27:27 - 00:23:30:12
and I start again and I keep going.

00:23:30:12 - 00:23:31:28
I'm sometimes you're gonna hit a wall,

00:23:31:28 - 00:23:33:23
you know? Yeah.

00:23:33:23 - 00:23:35:25
And that's also part of your journey

00:23:35:25 - 00:23:36:29
and part of your experience

00:23:36:29 - 00:23:39:13
when you actually understand that

00:23:39:13 - 00:23:40:13
it's part of the game.

00:23:40:13 - 00:23:43:00
So you will have some losing trades,

00:23:43:00 - 00:23:44:09
you will have some losing times.

00:23:44:09 - 00:23:45:24
But, at the end of the day,

00:23:45:24 - 00:23:47:21
if you fully focus on what you do,

00:23:47:21 - 00:23:49:14
you know how to pull money

00:23:49:14 - 00:23:51:19
out of the market for sure.

00:23:51:19 - 00:23:54:08
For sure, for sure. Thank you man.

00:23:54:08 - 00:23:55:15
Thank you.

00:23:55:15 - 00:23:56:01
No doubt.

00:23:56:01 - 00:23:57:08
You guys changed my life.

00:23:57:08 - 00:23:59:10
So, you know, it's,

00:23:59:10 - 00:24:01:22
That's incredible to hear. Really.

00:24:01:22 - 00:24:03:09
All righty, guys, for those of you

00:24:03:09 - 00:24:04:10
who are not familiar,

00:24:04:10 - 00:24:05:06
and want to check us out, go to trader.

00:24:05:06 - 00:24:06:26
Go Tradethepool.com

00:24:06:26 - 00:24:08:14
Hopefully you will be the next

00:24:08:14 - 00:24:09:29
funded trader.

00:24:09:29 - 00:24:12:29
And Arbnor we’ll see you the next time.

00:24:13:00 - 00:24:13:11
Yes, sir.

00:24:13:11 - 00:24:14:06
Thank you, thank you,

00:24:14:06 - 00:24:15:14
Michael, it's always a pleasure.