WEBVTT 00:00:00.033 --> 00:00:01.533 That's the beauty about Trade The Pool. 00:00:01.533 --> 00:00:04.233 Because you can trade 00:00:04.233 --> 00:00:07.233 without that negative energy 00:00:07.500 --> 00:00:10.500 that we traders have, which is, 00:00:10.666 --> 00:00:11.733 we can’t accept that 00:00:11.733 --> 00:00:12.933 we are losing, 00:00:12.933 --> 00:00:15.333 we cannot focus on our strategy 00:00:15.333 --> 00:00:15.800 because 00:00:15.800 --> 00:00:17.700 the money is the most emotional thing 00:00:17.700 --> 00:00:18.733 that that we have. 00:00:18.733 --> 00:00:19.500 So basically, 00:00:19.500 --> 00:00:21.000 when you limit your risk 00:00:21.000 --> 00:00:23.400 or don't have a risk when you're trading, 00:00:23.400 --> 00:00:26.033 then not focusing on on the money wise, 00:00:26.033 --> 00:00:27.033 like you said, 00:00:27.033 --> 00:00:30.033 you actually can focus on the real stuff, 00:00:30.200 --> 00:00:32.400 basically executing right 00:00:32.400 --> 00:00:33.300 risk management. 00:00:34.866 --> 00:00:35.800 Welcome everybody 00:00:35.800 --> 00:00:37.866 to another funded trader of Trade The pool. 00:00:37.866 --> 00:00:39.566 Today John is with me. 00:00:39.566 --> 00:00:40.533 A new funded trader 00:00:40.533 --> 00:00:41.866 with $20,000 of 00:00:41.866 --> 00:00:43.533 buying power that he traded. 00:00:43.533 --> 00:00:44.100 How are you doing? 00:00:44.100 --> 00:00:45.466 Thanks for coming. 00:00:45.466 --> 00:00:47.400 Hello. Hello. Hi, Michael. 00:00:47.400 --> 00:00:47.833 Hey. 00:00:47.833 --> 00:00:49.600 So, let's start from the beginning, 00:00:49.600 --> 00:00:51.866 because you did a few attempts, right? 00:00:51.866 --> 00:00:53.133 You tried a few attempts 00:00:53.133 --> 00:00:55.633 of the evaluation until you passed right? 00:00:55.766 --> 00:00:57.566 So let's talk a little bit about that, 00:00:57.566 --> 00:00:59.933 and then we'll dive into your trading. 00:00:59.933 --> 00:01:01.866 How was it like, you know, 00:01:01.866 --> 00:01:03.633 I had one attempt 00:01:03.633 --> 00:01:05.833 and, I was feeling super comfortable 00:01:05.833 --> 00:01:07.700 the first two days. Three days. 00:01:07.700 --> 00:01:09.666 And then I was not taking 00:01:09.666 --> 00:01:11.366 it seriously, to be honest. 00:01:11.366 --> 00:01:14.066 And then I, I slowly blew up the 00:01:14.066 --> 00:01:15.233 the account. 00:01:15.233 --> 00:01:17.000 Then I start again. 00:01:17.000 --> 00:01:17.566 I have to wear these 00:01:17.566 --> 00:01:18.733 I had two bad days. 00:01:18.733 --> 00:01:22.666 and then I focused and start taking it seriesly 00:01:22.666 --> 00:01:25.233 because if this is what what you want, 00:01:25.233 --> 00:01:26.566 You have to take it seriesly 00:01:26.566 --> 00:01:28.200 at least as a business. 00:01:28.200 --> 00:01:29.833 Yeah. Hundred percent. 00:01:29.833 --> 00:01:30.600 And this is something 00:01:30.600 --> 00:01:32.333 that always repeat itself. 00:01:32.333 --> 00:01:35.066 I see it happening with other traders, 00:01:35.066 --> 00:01:36.300 you know, getting used to them, 00:01:36.300 --> 00:01:37.533 maybe the platform, 00:01:37.533 --> 00:01:39.200 tweaking their strategies 00:01:39.200 --> 00:01:40.600 or also the 00:01:40.600 --> 00:01:41.700 the focus part, 00:01:41.700 --> 00:01:43.033 as you mentioned, you know, 00:01:43.033 --> 00:01:44.833 you got to do it like it's real. 00:01:44.833 --> 00:01:46.066 Exactly, exactly. 00:01:46.066 --> 00:01:46.900 If you are here 00:01:46.900 --> 00:01:49.000 just to play with, with the software, 00:01:49.000 --> 00:01:50.033 just to play with you 00:01:50.033 --> 00:01:51.900 or with your emotions, 00:01:51.900 --> 00:01:53.900 you will not be able to pass it. 00:01:53.900 --> 00:01:55.333 So how long you been doing that? 00:01:55.333 --> 00:01:56.333 How long you've been trading when? 00:01:56.333 --> 00:01:59.866 I been trading since 2017. 00:02:00.133 --> 00:02:03.800 Oh, so that's enough time to get experience. 00:02:04.033 --> 00:02:04.366 So up 00:02:04.366 --> 00:02:04.633 So up 00:02:04.633 --> 00:02:05.366 until today 00:02:05.366 --> 00:02:07.600 did you traded on your personal account 00:02:07.600 --> 00:02:08.933 with a broker? Yes. 00:02:08.933 --> 00:02:10.333 Yes I have Interactive Brokers 00:02:10.333 --> 00:02:13.033 and some others brokers as well. 00:02:13.033 --> 00:02:16.500 And I've been trading since 2017, 00:02:16.800 --> 00:02:20.133 been profitable since 2019. 00:02:20.266 --> 00:02:21.233 Very nice. 00:02:21.233 --> 00:02:23.366 So, how does it feel to go from 00:02:23.366 --> 00:02:25.333 your personal account, 00:02:25.333 --> 00:02:26.566 risking your own money 00:02:26.566 --> 00:02:28.966 and not doing that on Trade The Pool? 00:02:29.866 --> 00:02:31.666 that's the beauty about Trade The Pool. 00:02:31.666 --> 00:02:34.366 Because, you know, you can trade 00:02:34.366 --> 00:02:37.366 without that negative energy 00:02:37.633 --> 00:02:40.633 that we traders have, which is, 00:02:40.800 --> 00:02:41.866 we can’t accept that 00:02:41.866 --> 00:02:43.066 we are losing, 00:02:43.066 --> 00:02:45.466 we cannot focus on our strategy 00:02:45.466 --> 00:02:45.933 because 00:02:45.933 --> 00:02:47.833 the money is the most emotional thing 00:02:47.833 --> 00:02:48.866 that that we have. 00:02:48.866 --> 00:02:49.633 And, so basically, 00:02:49.633 --> 00:02:51.133 when you limit your risk 00:02:51.133 --> 00:02:53.533 or don't have a risk when you're trading, 00:02:53.533 --> 00:02:56.166 then not focusing on on the money wise, 00:02:56.166 --> 00:02:57.166 like you said, 00:02:57.166 --> 00:03:00.166 you actually can focus on the real stuff, 00:03:00.333 --> 00:03:02.533 basically executing right 00:03:02.533 --> 00:03:03.433 risk management. 00:03:03.433 --> 00:03:04.133 For me 00:03:04.133 --> 00:03:05.233 it's just like 00:03:05.233 --> 00:03:06.466 do it like a video game 00:03:06.466 --> 00:03:07.933 or something like that. 00:03:07.933 --> 00:03:10.233 You just have to play the the playbook 00:03:10.233 --> 00:03:11.300 and follow your rules 00:03:11.300 --> 00:03:13.033 and you will make it. 00:03:13.033 --> 00:03:15.766 If you can do it, if not, maybe 00:03:16.366 --> 00:03:18.300 you have to try again. Yeah. 00:03:18.300 --> 00:03:19.133 So let's 00:03:19.133 --> 00:03:19.933 because you said 00:03:19.933 --> 00:03:21.100 you have a lot of experience. 00:03:21.100 --> 00:03:23.500 So let's talk a little bit about that. 00:03:23.500 --> 00:03:24.166 You know, 00:03:24.166 --> 00:03:26.500 Take us., the guys that listening right now 00:03:26.500 --> 00:03:28.500 take us from your beginning 00:03:28.500 --> 00:03:30.000 until you found your niche, 00:03:30.000 --> 00:03:31.266 you found your rhythm. 00:03:31.266 --> 00:03:32.900 And then 00:03:32.900 --> 00:03:33.833 you know, the process 00:03:33.833 --> 00:03:35.066 that you went through. 00:03:35.066 --> 00:03:35.466 Okay. 00:03:35.466 --> 00:03:37.200 So I started, 00:03:37.200 --> 00:03:39.700 like everyone with penny stocks, 00:03:39.700 --> 00:03:41.666 and I still trade penny stocks, 00:03:41.666 --> 00:03:44.000 but not that often. 00:03:44.000 --> 00:03:46.600 And then I was seeing in 2017, 00:03:46.600 --> 00:03:48.333 I remember BPTH, 00:03:48.333 --> 00:03:51.100 which was like trading at 00:03:51.100 --> 00:03:52.000 maybe $2 00:03:52.000 --> 00:03:54.933 and went to 80 something dollars. 00:03:54.933 --> 00:03:55.366 In a day. 00:03:55.366 --> 00:03:58.400 And then I blew my first account $500. 00:03:58.400 --> 00:03:59.733 I blew it immediately. 00:03:59.733 --> 00:04:00.433 And then, 00:04:00.433 --> 00:04:02.166 I started researching a lot 00:04:02.166 --> 00:04:04.300 and came across with the, 00:04:04.300 --> 00:04:06.800 the bigger caps. 00:04:06.800 --> 00:04:09.300 I like to trade like Apple, Tesla, 00:04:09.300 --> 00:04:12.100 Nvidia, the Sagnificant Seven. 00:04:12.100 --> 00:04:13.400 I like to trade it. 00:04:13.400 --> 00:04:14.400 Yeah, they are slower. 00:04:14.400 --> 00:04:15.633 They are safer. 00:04:15.633 --> 00:04:17.700 And I can predict easier. 00:04:17.700 --> 00:04:18.800 The patterns there. 00:04:18.800 --> 00:04:20.200 Actually it's much easier 00:04:20.200 --> 00:04:21.100 for me to trade. 00:04:21.100 --> 00:04:22.433 I like to trade penny stocks. 00:04:22.433 --> 00:04:24.133 I like to short it with Trade the Pool 00:04:24.133 --> 00:04:26.966 Because you don't have to borrow shares. 00:04:26.966 --> 00:04:27.600 Amazing. 00:04:27.666 --> 00:04:29.166 So the thing about the 00:04:29.166 --> 00:04:30.100 that you like I'm going 00:04:30.100 --> 00:04:31.833 back to the large cap. Right. 00:04:31.833 --> 00:04:32.466 The Nvidia 00:04:32.466 --> 00:04:34.333 the Tesla that you like to trade. 00:04:34.333 --> 00:04:34.833 You said 00:04:34.833 --> 00:04:37.700 it's easier to find the patterns. 00:04:37.700 --> 00:04:39.466 Yes yes yes. 00:04:39.466 --> 00:04:40.500 For me it's easier 00:04:40.500 --> 00:04:42.166 sometimes you have that period 00:04:42.166 --> 00:04:44.600 like two weeks ago on the 00:04:44.600 --> 00:04:46.033 the second week, 00:04:46.033 --> 00:04:49.200 January 2025 this year. 00:04:49.233 --> 00:04:50.433 Yeah, yeah. 00:04:50.433 --> 00:04:52.733 We, we have that that week. 00:04:52.733 --> 00:04:55.733 which nothing moved, just ranged. 00:04:56.133 --> 00:04:58.300 Everything was ranging, the bigger caps. 00:04:58.300 --> 00:05:01.066 That there is a very stressful time 00:05:01.066 --> 00:05:03.700 for me because I cannot predict it. 00:05:03.700 --> 00:05:05.733 If I do like to trade breakouts, 00:05:05.733 --> 00:05:08.266 I say it, I like to trade breakouts. 00:05:08.266 --> 00:05:11.266 And you, you go for a breakout. 00:05:11.266 --> 00:05:12.533 Stocks doesn't breakout. 00:05:12.533 --> 00:05:13.766 You go for the next one 00:05:13.766 --> 00:05:14.933 and just range, range. 00:05:14.933 --> 00:05:17.933 And you will be trapped like ten times 00:05:18.233 --> 00:05:19.466 if you don't pull your, 00:05:19.466 --> 00:05:20.400 you playbook. 00:05:20.400 --> 00:05:21.533 Yeah, that's for sure. 00:05:21.533 --> 00:05:23.600 Especially when it comes to a range in 00:05:23.600 --> 00:05:25.066 a day or, 00:05:25.066 --> 00:05:26.333 or a period of time 00:05:26.333 --> 00:05:29.266 when the market is rangeing breakouts. 00:05:29.266 --> 00:05:31.733 won't work so easily 00:05:31.733 --> 00:05:32.833 in those cases 00:05:32.833 --> 00:05:33.633 when you're 00:05:33.633 --> 00:05:34.533 when you understand 00:05:34.533 --> 00:05:36.833 there is a range day or, 00:05:36.833 --> 00:05:38.933 or a period of time, 00:05:38.933 --> 00:05:41.800 do you, looking for a different strategy? 00:05:41.800 --> 00:05:44.200 Are you trying more pullbacks, reversals? 00:05:44.200 --> 00:05:45.666 I just try to find 00:05:45.666 --> 00:05:46.766 a good reversal 00:05:46.766 --> 00:05:47.700 or just try to, 00:05:47.700 --> 00:05:49.833 to focus on a penny stock reversal. 00:05:49.833 --> 00:05:50.500 Okay. 00:05:50.500 --> 00:05:52.133 So, so yeah, 00:05:52.133 --> 00:05:53.066 it is important 00:05:53.066 --> 00:05:54.300 to have at least 00:05:54.300 --> 00:05:57.000 two strategies in your arsenal 00:05:57.000 --> 00:05:58.933 in order to navigate 00:05:58.933 --> 00:06:00.133 between different times, 00:06:00.133 --> 00:06:02.766 the different market times basically. 00:06:02.766 --> 00:06:03.633 Nice one. 00:06:03.633 --> 00:06:06.800 So John, I'm going to jump into your hub 00:06:06.866 --> 00:06:08.333 and show the guys at home 00:06:08.333 --> 00:06:09.100 how it looks like. 00:06:09.100 --> 00:06:09.666 For those of you 00:06:09.666 --> 00:06:10.600 not familiar. 00:06:10.600 --> 00:06:13.500 We basically have a hub for each trader. 00:06:13.500 --> 00:06:16.500 So his on dashboard or her, 00:06:16.533 --> 00:06:18.600 and you can track your stats 00:06:18.600 --> 00:06:20.466 and see the progress. 00:06:20.466 --> 00:06:23.833 We are looking at right now the $20,000 00:06:23.833 --> 00:06:25.200 of buying power 00:06:25.200 --> 00:06:26.833 that, John traded, profit 00:06:26.833 --> 00:06:29.833 target that you need to reach, max loss 00:06:30.066 --> 00:06:31.866 and, daily pause 00:06:31.866 --> 00:06:33.566 and some other, stats here. 00:06:33.566 --> 00:06:36.566 Very nice 66% success rate. 00:06:36.700 --> 00:06:37.566 This is mostly 00:06:37.566 --> 00:06:39.633 when you traded breakouts? 00:06:39.633 --> 00:06:40.466 Yes, yes. 00:06:40.466 --> 00:06:42.666 Usually I do like to trade breakouts. 00:06:42.666 --> 00:06:46.933 And if and I like to, to give it, break 00:06:46.933 --> 00:06:49.800 even as fast as I can. But, breakeven. 00:06:49.800 --> 00:06:52.300 Because usually what I see is 00:06:52.300 --> 00:06:53.533 if the breakout happened, 00:06:53.533 --> 00:06:54.866 the stock will continue to go up. 00:06:54.866 --> 00:06:55.566 That's why 00:06:55.566 --> 00:06:56.266 I like to try 00:06:56.266 --> 00:06:59.266 and to the to trade the trends as well. 00:07:00.000 --> 00:07:00.566 Yeah. 00:07:00.566 --> 00:07:02.300 So the stock usually 00:07:02.300 --> 00:07:04.033 when it goes up, it goes up. 00:07:04.033 --> 00:07:06.400 If it reverses and stops me out 00:07:06.400 --> 00:07:07.466 that's okay. 00:07:07.466 --> 00:07:08.600 Probably that's not the trade. 00:07:08.600 --> 00:07:10.466 That's not the breakout I want. Yeah. 00:07:10.466 --> 00:07:11.733 And the fact that you put 00:07:11.733 --> 00:07:12.833 in your stop loss 00:07:12.833 --> 00:07:14.700 to breakeven, fast 00:07:14.700 --> 00:07:16.366 also gives you that extra for, 00:07:16.366 --> 00:07:17.066 success rate. 00:07:17.066 --> 00:07:19.166 It is a lot of the time. 00:07:19.166 --> 00:07:20.933 On on breakouts. 00:07:20.933 --> 00:07:22.033 You in most cases, 00:07:22.033 --> 00:07:23.833 you want to have higher success 00:07:23.833 --> 00:07:24.633 rate, right? 00:07:24.633 --> 00:07:27.100 A lot of the breakouts are a failure. 00:07:27.100 --> 00:07:28.700 But when you put it on breakeven, 00:07:28.700 --> 00:07:29.733 definitely it works. 00:07:29.733 --> 00:07:31.633 And, but your risk reward 00:07:31.633 --> 00:07:34.966 ratio is a bit lower than, than normal, 00:07:35.033 --> 00:07:36.033 let's say. 00:07:36.033 --> 00:07:36.833 How do you 00:07:36.833 --> 00:07:38.100 how do you plan to attack it 00:07:38.100 --> 00:07:39.200 on your funded account? 00:07:39.200 --> 00:07:41.100 So I will just focus on that 00:07:41.100 --> 00:07:42.033 on my two strategies 00:07:42.033 --> 00:07:45.100 because, in, in this challenge, you know, 00:07:45.100 --> 00:07:46.166 so in this challenge, 00:07:46.166 --> 00:07:48.066 I, I made a few mistakes 00:07:48.066 --> 00:07:48.800 on the beginning. 00:07:48.800 --> 00:07:49.900 As you can see, 00:07:49.900 --> 00:07:50.900 I was from 00:07:50.900 --> 00:07:53.466 I went from zero to almost 700, 00:07:53.466 --> 00:07:55.600 I believe -100. 00:07:55.600 --> 00:07:57.733 And then I started to go up. 00:07:57.733 --> 00:07:59.300 I have a very good day. 00:07:59.300 --> 00:08:00.433 When when I, 00:08:00.433 --> 00:08:01.433 when I have a good day 00:08:01.433 --> 00:08:02.300 and I, 00:08:02.300 --> 00:08:04.700 I make a cushion on that day, 00:08:04.700 --> 00:08:06.966 I usually I get more aggressive. 00:08:06.966 --> 00:08:08.766 Then it was a very good day. 00:08:08.766 --> 00:08:12.100 But always obviously my strategy played 00:08:12.233 --> 00:08:14.533 the the last for four days 00:08:14.533 --> 00:08:15.633 exactly from February, 00:08:15.633 --> 00:08:19.733 from February 11th to, I believe 15th. 00:08:19.800 --> 00:08:21.233 So it took you like, 00:08:21.233 --> 00:08:22.600 Yeah. Like two weeks to pass. 00:08:22.600 --> 00:08:24.400 Yeah, exactly. 00:08:24.400 --> 00:08:24.900 In the beginning, 00:08:24.900 --> 00:08:27.333 I was not following the rules, 00:08:27.333 --> 00:08:29.066 to be honest. Yeah. 00:08:29.066 --> 00:08:31.633 And this is why, you saw this drawdown. 00:08:31.633 --> 00:08:33.366 Almost, terminated the account. 00:08:33.366 --> 00:08:34.666 The max loss on this account 00:08:34.666 --> 00:08:37.300 is 900. You reached 700 almost. 00:08:37.300 --> 00:08:37.966 And, And, yeah, 00:08:37.966 --> 00:08:38.666 I like the fact 00:08:38.666 --> 00:08:39.766 that you mentioned the cushion, 00:08:39.766 --> 00:08:42.466 because a lot of the times, 00:08:42.466 --> 00:08:43.800 traders at the beginning 00:08:43.800 --> 00:08:44.700 of the evaluation 00:08:44.700 --> 00:08:46.900 trying to be very aggressive, 00:08:46.900 --> 00:08:49.133 but you actually need to be need to do 00:08:49.133 --> 00:08:50.166 the opposite. 00:08:50.166 --> 00:08:52.300 You start small buliding that cushion 00:08:52.300 --> 00:08:53.733 and then 00:08:53.733 --> 00:08:54.566 and then you can, 00:08:54.566 --> 00:08:56.500 become a little bit more aggressive. 00:08:56.500 --> 00:08:58.833 Exactly. Nice one. You need to be very careful. 00:08:58.833 --> 00:08:59.866 Looking over, 00:08:59.866 --> 00:09:01.600 looking a bit over your trades. 00:09:01.600 --> 00:09:05.300 I see a lot of NVDL. 00:09:05.300 --> 00:09:08.066 Baba, Apple, TSLL. 00:09:08.066 --> 00:09:10.733 So, so, like you said, it's a lot of 00:09:10.733 --> 00:09:12.466 big names, stocks 00:09:12.466 --> 00:09:13.566 that in most cases 00:09:13.566 --> 00:09:15.533 will be on the radar 00:09:15.533 --> 00:09:17.633 and there is a lot of volatility 00:09:17.700 --> 00:09:18.433 For me at least, 00:09:18.433 --> 00:09:19.300 they are very predictable. 00:09:19.300 --> 00:09:21.700 I trade TSLL and Nvidia 00:09:21.700 --> 00:09:23.133 because they are led ETF. 00:09:23.133 --> 00:09:23.733 because they are leveraged ETF’s. 00:09:23.733 --> 00:09:25.733 So do you remember the 00:09:25.733 --> 00:09:28.933 the trade that you made here on TSLL? 00:09:29.233 --> 00:09:30.666 I do remember actually 00:09:30.666 --> 00:09:31.833 before I, 00:09:31.833 --> 00:09:33.566 I made the trade I was on Baba for 00:09:33.566 --> 00:09:34.833 for a reversal 00:09:34.833 --> 00:09:37.433 because Baba gapped like 15% 00:09:37.433 --> 00:09:38.400 I believe that day. 00:09:38.400 --> 00:09:41.600 And, I was just keep pushing my, my break 00:09:41.600 --> 00:09:43.433 even point a bit lower. 00:09:43.433 --> 00:09:44.966 I was shorting a bit lower 00:09:44.966 --> 00:09:46.033 and then I got stopped out, 00:09:46.033 --> 00:09:47.833 but finally 00:09:47.833 --> 00:09:48.866 it went to my target 00:09:48.866 --> 00:09:49.833 and I would complete 00:09:49.833 --> 00:09:51.466 the challenge with the trade, but I. 00:09:51.466 --> 00:09:52.400 But then I saw, 00:09:52.400 --> 00:09:55.100 I saw, Tesla for the breakdown. 00:09:55.100 --> 00:09:57.566 It was 350. Yeah. 00:09:57.566 --> 00:09:59.133 For the breakdown of 350. 00:09:59.133 --> 00:10:01.633 And then you just braked immediately. 00:10:01.633 --> 00:10:04.600 I got my target and then it just pulled back. 00:10:04.600 --> 00:10:05.400 Amazing. 00:10:05.400 --> 00:10:06.066 you were 00:10:06.066 --> 00:10:08.033 you were quite aggressive there on 00:10:08.033 --> 00:10:09.400 yeah yeah on TSLL 00:10:09.400 --> 00:10:10.133 Yeah. 00:10:10.133 --> 00:10:11.066 1000 shares 00:10:11.066 --> 00:10:11.266 1000 shares 00:10:11.266 --> 00:10:13.333 Yeah I, I had a very good cushion 00:10:13.333 --> 00:10:14.800 and I was in for me 00:10:14.800 --> 00:10:15.800 I said or 00:10:15.800 --> 00:10:16.833 I get like 00:10:16.833 --> 00:10:18.333 -100 for the day 00:10:18.333 --> 00:10:20.433 or I will be able to complete 00:10:20.433 --> 00:10:21.000 the challenge. 00:10:21.000 --> 00:10:22.566 Sometimes you have to 00:10:22.566 --> 00:10:22.833 to well and and play with the odds. 00:10:22.866 --> 00:10:23.766 to play with the odds. 00:10:23.766 --> 00:10:25.466 Yeah. That's that's for sure. 00:10:25.466 --> 00:10:27.433 As long as you keep the risk management. 00:10:27.433 --> 00:10:28.433 correct. 00:10:28.566 --> 00:10:29.066 It's awesome 00:10:29.066 --> 00:10:31.133 because you have the, the 300 stop. 00:10:31.133 --> 00:10:31.500 Yeah. 00:10:31.500 --> 00:10:33.433 tell us a little bit about the, 00:10:33.433 --> 00:10:35.600 how you handle your, your profit. 00:10:35.600 --> 00:10:37.000 How do you take your profit? 00:10:37.000 --> 00:10:39.833 Basically, on any given trade. 00:10:39.833 --> 00:10:41.733 There are certain rules or 00:10:41.733 --> 00:10:42.633 how do you do that? 00:10:42.633 --> 00:10:46.400 Usually I want to play everything for 1 00:10:46.400 --> 00:10:47.600 to 3, 1 to 4 is not 00:10:47.600 --> 00:10:48.066 It’s not 00:10:48.066 --> 00:10:48.966 what the 00:10:48.966 --> 00:10:51.633 what is there on the trading terminal 00:10:51.633 --> 00:10:54.300 because you are seeing 1to 0.8 00:10:54.300 --> 00:10:55.166 risk to reward 00:10:55.166 --> 00:10:57.466 But usually I'm taking trades one 00:10:57.466 --> 00:10:57.700 But usually I'm taking trades one 00:10:57.700 --> 00:10:58.233 that I know 00:10:58.233 --> 00:11:01.166 that can go to 1 to 4, risk to reward 00:11:01.166 --> 00:11:04.166 because I set the important levels 00:11:04.400 --> 00:11:06.566 And I like to, to play with that. 00:11:06.566 --> 00:11:09.233 If, if the trades are just 1 to 1, 00:11:09.233 --> 00:11:10.600 I will not take it 00:11:10.600 --> 00:11:11.600 because usually 00:11:11.600 --> 00:11:13.500 you will never get that one to four 00:11:13.500 --> 00:11:14.466 one to three 00:11:14.466 --> 00:11:15.700 But you have to play with that 00:11:15.700 --> 00:11:16.933 to have that 00:11:16.933 --> 00:11:19.233 that cushion for me to cushion. 00:11:19.233 --> 00:11:21.600 When I see trades like that. 00:11:21.600 --> 00:11:23.766 And, and when you say 00:11:23.766 --> 00:11:25.833 you're not going to take a 1 to 1 00:11:25.833 --> 00:11:27.533 or you're looking for 1 to 4, 00:11:27.533 --> 00:11:28.800 what does it mean exactly? 00:11:28.800 --> 00:11:30.800 I mean, you look at the chart? yeah. 00:11:30.800 --> 00:11:32.433 I’m looking at the chart, for example. 00:11:32.433 --> 00:11:34.700 Let me think happen. Apple. 00:11:34.700 --> 00:11:35.400 No. Apple. 00:11:35.400 --> 00:11:35.733 No, 00:11:35.733 --> 00:11:36.833 let let me just pull 00:11:36.833 --> 00:11:39.366 a trading view chart now 00:11:39.366 --> 00:11:42.233 so I can remember exactly the numbers. 00:11:42.233 --> 00:11:43.300 One. Yes. 00:11:43.300 --> 00:11:44.466 For example, 00:11:44.466 --> 00:11:48.166 Apple on Friday the 14th, February 00:11:48.933 --> 00:11:53.700 I saw the break of 242, for example, 242. 00:11:53.700 --> 00:11:56.000 And I, I do know that 00:11:56.000 --> 00:11:58.566 if it runs, it can go to 250 00:11:58.566 --> 00:12:02.000 or 245, at least. 00:12:02.166 --> 00:12:02.866 And that's for me. 00:12:02.866 --> 00:12:03.766 It's a very good trade 00:12:03.766 --> 00:12:06.466 because I can get my stop very tight 00:12:06.466 --> 00:12:09.066 and play with that breakout of 242. 00:12:09.066 --> 00:12:11.033 And if it goes to 245, 00:12:11.033 --> 00:12:13.100 that would be a very good trade. 00:12:13.100 --> 00:12:14.600 That's an example. 00:12:14.600 --> 00:12:16.566 And that day actually it went to. 00:12:16.566 --> 00:12:18.833 Yeah to 245. Exactly. 00:12:18.833 --> 00:12:20.266 It went to 245. 00:12:20.266 --> 00:12:21.700 And this is because of the 00:12:21.700 --> 00:12:24.000 liquidity levels that you looking for? 00:12:24.000 --> 00:12:25.666 exactly that liquidity level. 00:12:25.666 --> 00:12:27.066 The psychological level, 00:12:27.066 --> 00:12:29.900 usually the bigger caps trade like that. 00:12:29.900 --> 00:12:31.500 They go from one level 00:12:31.500 --> 00:12:32.933 to another very easily. 00:12:32.933 --> 00:12:35.866 For example, it go to if it breaks, 00:12:35.866 --> 00:12:38.866 240, maybe it can go to 245 00:12:39.233 --> 00:12:41.100 or and if it breaks 245, 00:12:41.100 --> 00:12:43.600 the next level will be 250. Okay. 00:12:43.600 --> 00:12:45.433 So yeah, tons of range 00:12:45.433 --> 00:12:46.733 that you can trade there. 00:12:46.733 --> 00:12:47.833 Amazing, John. 00:12:47.833 --> 00:12:49.133 It was a great one. 00:12:49.133 --> 00:12:50.866 And I'm sure the guys that listen, 00:12:50.866 --> 00:12:52.500 really enjoy that as well. 00:12:52.500 --> 00:12:54.766 Maybe before we finish here, 00:12:54.766 --> 00:12:55.600 two more questions 00:12:55.600 --> 00:12:56.433 that I want to ask you. 00:12:56.433 --> 00:12:57.500 One is, 00:12:57.500 --> 00:12:59.533 you know, you tried a few attempts as, 00:12:59.533 --> 00:13:01.400 as you mentioned, and then you passed. 00:13:01.400 --> 00:13:03.033 How was that feeling? 00:13:03.033 --> 00:13:03.900 Yeah, for me, was 00:13:03.900 --> 00:13:05.233 my girlfriend was with me, 00:13:05.233 --> 00:13:06.000 and I was just. 00:13:06.000 --> 00:13:06.400 Yes. 00:13:06.400 --> 00:13:07.466 Finally, I, Yeah, 00:13:07.466 --> 00:13:09.100 this a very good sensation. 00:13:09.100 --> 00:13:10.633 And now I have to 00:13:10.633 --> 00:13:13.633 just play slowly, as you said, 00:13:13.633 --> 00:13:15.833 Start slow and just 00:13:16.133 --> 00:13:16.966 follow the rules, 00:13:16.966 --> 00:13:18.633 that's the most important thing 00:13:18.633 --> 00:13:19.000 Yeah. 00:13:19.000 --> 00:13:21.000 And, for the guys that listening 00:13:21.000 --> 00:13:23.066 maybe just started the evaluation. 00:13:23.066 --> 00:13:24.100 Right. 00:13:24.100 --> 00:13:25.733 What will be 00:13:25.733 --> 00:13:26.566 the one tip 00:13:26.566 --> 00:13:28.900 that will get them to the next level? 00:13:28.900 --> 00:13:29.200 Yeah. 00:13:29.200 --> 00:13:32.200 For me is just accept your loss 00:13:32.733 --> 00:13:34.800 because sometimes I do not gain and 00:13:34.800 --> 00:13:35.500 set my loss. 00:13:35.500 --> 00:13:36.633 But that's one thing 00:13:36.633 --> 00:13:37.833 that I have to change. 00:13:37.833 --> 00:13:38.600 Accept your loss. 00:13:38.600 --> 00:13:40.833 Cut risks immediately. 00:13:40.833 --> 00:13:42.766 If the stock starts to go against you, 00:13:42.766 --> 00:13:45.033 just get out it. 00:13:45.033 --> 00:13:45.666 There’s no 00:13:45.666 --> 00:13:47.233 there's no point in being there. 00:13:47.233 --> 00:13:49.766 So mostly fixing your 00:13:49.766 --> 00:13:50.800 your stoploss 00:13:50.800 --> 00:13:51.900 or your risk, 00:13:51.900 --> 00:13:54.833 like you said, break even very fast. 00:13:54.833 --> 00:13:56.300 So you would 00:13:56.300 --> 00:13:57.966 have higher success rate, 00:13:57.966 --> 00:14:00.133 maybe a little bit lower risk reward. 00:14:00.133 --> 00:14:01.600 At least say I'm following the rules. 00:14:01.600 --> 00:14:02.733 Nice. Yeah. 00:14:02.733 --> 00:14:05.100 Amazing. John, I appreciate the time. 00:14:05.100 --> 00:14:06.600 And for the guys 00:14:06.600 --> 00:14:07.500 that want to check us out, 00:14:07.500 --> 00:14:09.500 go to TradeThePool.com. 00:14:09.500 --> 00:14:12.200 Hopefully you will be the next interview 00:14:12.200 --> 00:14:13.833 and will be in touch. 00:14:13.833 --> 00:14:16.733 Best of luck. Yeah. Okay. Bye.