00:00:00:00 - 00:00:01:05
It just got to a point

00:00:01:05 - 00:00:02:28
where psychologically,

00:00:02:28 - 00:00:03:26
you're in a place where,

00:00:03:26 - 00:00:04:22
you know, I can't

00:00:04:22 - 00:00:06:00
I can't really,

00:00:06:00 - 00:00:07:18
save this account anymore.

00:00:07:18 - 00:00:08:17
So you just,

00:00:08:17 - 00:00:08:28
you know,

00:00:08:28 - 00:00:10:26
go a little crazy at the end.

00:00:10:26 - 00:00:13:29
But anyways, that to be said

00:00:13:29 - 00:00:15:22
that after that account,

00:00:15:22 - 00:00:17:14
you have a little bit of

00:00:17:14 - 00:00:18:20
mental space,

00:00:18:20 - 00:00:20:10
so you can kind of,

00:00:20:10 - 00:00:23:09
regain your common sense

00:00:23:10 - 00:00:25:04
and the resilience

00:00:25:04 - 00:00:26:29
to understand

00:00:26:29 - 00:00:28:02
that this is just,

00:00:28:02 - 00:00:30:07
you know, cost of business

00:00:30:07 - 00:00:32:11
to be able to, to move,

00:00:32:11 - 00:00:33:16
get back on the horse

00:00:33:16 - 00:00:35:06
and, and do it again,

00:00:35:06 - 00:00:36:29
find a better strategy

00:00:36:29 - 00:00:37:14
that serves

00:00:37:14 - 00:00:39:06
the market conditions

00:00:39:06 - 00:00:40:23
and just keep going at it

00:00:40:23 - 00:00:42:10
until you're successful.

00:00:42:10 - 00:00:44:10
that’s the name of the game,

00:00:45:06 - 00:00:45:28
Welcome, everybody,

00:00:45:28 - 00:00:46:29
to another funded

00:00:46:29 - 00:00:48:22
trader of Trade The Pool

00:00:48:22 - 00:00:50:08
Today our special guest

00:00:50:08 - 00:00:51:26
Ruben is with us.

00:00:51:26 - 00:00:52:09
Hi.

00:00:52:09 - 00:00:52:10
Hi.

00:00:52:10 - 00:00:53:21
Ruben, thanks for coming.

00:00:53:21 - 00:00:54:09
Thank you.

00:00:54:09 - 00:00:55:06
Thank you for having me

00:00:55:06 - 00:00:57:20
here, Michael. It's an honor.

00:00:57:20 - 00:00:59:09
And, Ruben is here

00:00:59:09 - 00:01:00:29
because we asked him to come

00:01:00:29 - 00:01:03:10
and do this interview.

00:01:03:10 - 00:01:05:04
he passed the evaluation,

00:01:05:04 - 00:01:06:11
actually got

00:01:06:11 - 00:01:07:13
the payout right,

00:01:07:13 - 00:01:08:18
the first payout,

00:01:08:18 - 00:01:09:29
and then terminated

00:01:09:29 - 00:01:10:28
the account.

00:01:10:28 - 00:01:12:10
And, you know, we always,

00:01:12:10 - 00:01:12:11
talk about it here

00:01:12:11 - 00:01:13:07
talk about it here

00:01:13:07 - 00:01:14:02
at Trade The Pool.

00:01:14:02 - 00:01:15:13
We would like to keep it

00:01:15:13 - 00:01:17:14
as transparent as it gets.

00:01:17:14 - 00:01:18:29
And we need to show

00:01:18:29 - 00:01:19:25
you guys that

00:01:19:25 - 00:01:21:07
even if you get a payout

00:01:21:07 - 00:01:22:03
from time to time,

00:01:22:03 - 00:01:23:06
you may be going to

00:01:23:06 - 00:01:24:06
terminate the account.

00:01:24:06 - 00:01:25:29
And that's totally fine.

00:01:25:29 - 00:01:26:28
And this is something

00:01:26:28 - 00:01:28:12
that every trader deals

00:01:28:12 - 00:01:28:29
with, right?

00:01:28:29 - 00:01:29:13
Doesn't matter

00:01:29:13 - 00:01:30:22
if it's your own broker

00:01:30:22 - 00:01:31:26
account or

00:01:31:26 - 00:01:33:02
our funded account.

00:01:33:02 - 00:01:34:13
So in that case

00:01:34:13 - 00:01:35:10
it's important

00:01:35:10 - 00:01:38:04
to show every aspect in every

00:01:38:04 - 00:01:39:01
way or

00:01:39:06 - 00:01:41:00
path that every traders,

00:01:41:00 - 00:01:41:23
go through.

00:01:41:23 - 00:01:42:25
And this is why we got

00:01:42:25 - 00:01:43:19
Ruben on the line.

00:01:43:19 - 00:01:44:23
So thanks for coming

00:01:44:23 - 00:01:45:16
again, Ruben.

00:01:45:16 - 00:01:45:18
again Ruben.

00:01:45:18 - 00:01:46:15
Tell us a little bit.

00:01:46:15 - 00:01:47:24
Let's start from the end

00:01:47:24 - 00:01:48:10
until,

00:01:48:10 - 00:01:49:20
and we'll go back right.

00:01:49:20 - 00:01:49:22
and we'll go back right.

00:01:49:22 - 00:01:50:18
What happened

00:01:50:18 - 00:01:51:16
when you terminated

00:01:51:16 - 00:01:52:17
the account? What was it?

00:01:52:17 - 00:01:54:18
So I had been trading,

00:01:54:18 - 00:01:55:02
this, 80 K evaluation

00:01:55:02 - 00:01:56:23
this, 80K evaluation

00:01:56:23 - 00:01:57:16
account

00:01:57:16 - 00:01:58:01
that,

00:01:58:01 - 00:01:59:17
eventually passed and

00:01:59:17 - 00:02:01:13
became a funded account.

00:02:01:13 - 00:02:02:19
And I was being

00:02:02:19 - 00:02:03:27
very methodical

00:02:03:27 - 00:02:05:21
and very consistent,

00:02:05:21 - 00:02:07:07
I think, because I had my eye

00:02:07:07 - 00:02:08:12
on the target

00:02:08:12 - 00:02:10:04
where I was kind of.

00:02:10:04 - 00:02:10:16
All right,

00:02:10:16 - 00:02:11:26
I have to get this goal.

00:02:11:26 - 00:02:13:01
So I went through

00:02:13:01 - 00:02:14:21
all the different stages

00:02:14:21 - 00:02:15:10
and,

00:02:15:10 - 00:02:17:18
was doing that successfully.

00:02:17:18 - 00:02:18:18
And then all of a sudden,

00:02:18:18 - 00:02:19:18
once you start

00:02:19:18 - 00:02:20:10
seeing the goal

00:02:20:10 - 00:02:21:25
closer and closer,

00:02:21:25 - 00:02:22:18
you kind of,

00:02:22:18 - 00:02:23:24
deceived yourself

00:02:23:24 - 00:02:25:07
a little bit in the way

00:02:25:07 - 00:02:27:00
that you approach things

00:02:27:00 - 00:02:28:08
sometimes

00:02:28:08 - 00:02:29:07
that can take you

00:02:29:07 - 00:02:30:29
into the wrong path.

00:02:30:29 - 00:02:32:09
And so when after

00:02:32:09 - 00:02:33:25
I got my first payout,

00:02:33:25 - 00:02:34:20
which was

00:02:34:20 - 00:02:35:20
actually very smooth

00:02:35:20 - 00:02:37:03
and very quickly,

00:02:37:03 - 00:02:37:04
all of a sudden

00:02:37:04 - 00:02:37:21
all of a sudden

00:02:37:21 - 00:02:40:08
I just signed myself out and,

00:02:40:08 - 00:02:41:04
I started,

00:02:41:04 - 00:02:41:27
going through

00:02:41:27 - 00:02:43:02
a couple of

00:02:43:02 - 00:02:45:24
days of mad Max losses.

00:02:45:24 - 00:02:47:02
Then I would escalate

00:02:47:02 - 00:02:48:07
a little bit to catch up

00:02:48:07 - 00:02:48:17
with, with the losses.

00:02:48:17 - 00:02:49:14
with, with the losses.

00:02:49:14 - 00:02:50:11
And I think

00:02:50:11 - 00:02:51:08
that almost, like,

00:02:51:08 - 00:02:53:02
compounded my, my,

00:02:53:02 - 00:02:54:28
that my wrong psychology

00:02:54:28 - 00:02:56:11
a little bit more

00:02:56:11 - 00:02:57:22
and ultimately

00:02:57:22 - 00:02:58:26
terminated the account.

00:02:58:26 - 00:03:01:11
So that was unfortunately,

00:03:01:11 - 00:03:03:09
saying that obviously

00:03:03:09 - 00:03:03:24
that's not

00:03:03:24 - 00:03:04:15
something that is going

00:03:04:15 - 00:03:05:02
to stop me

00:03:05:02 - 00:03:05:25
because,

00:03:05:25 - 00:03:05:26
as we discussed before,

00:03:05:26 - 00:03:07:11
as we discussed before,

00:03:07:11 - 00:03:08:24
it's been four years

00:03:08:24 - 00:03:10:04
of constantly losing

00:03:10:04 - 00:03:11:07
and constantly

00:03:11:07 - 00:03:12:26
fighting that battle.

00:03:12:26 - 00:03:13:29
So, yeah, it's just,

00:03:13:29 - 00:03:14:00
it teaches you to find

00:03:14:00 - 00:03:16:04
it teaches you to find

00:03:16:04 - 00:03:17:13
new methods

00:03:17:13 - 00:03:18:14
and new ways

00:03:18:14 - 00:03:20:03
in which you can control

00:03:20:03 - 00:03:21:11
your emotions.

00:03:21:11 - 00:03:22:23
Channelize the emotions

00:03:22:23 - 00:03:24:13
for the good path.

00:03:24:13 - 00:03:26:14
Wow, that's amazing to hear,

00:03:26:14 - 00:03:27:13
especially after

00:03:27:13 - 00:03:28:20
you took the payout then.

00:03:28:20 - 00:03:29:01
you know,

00:03:29:01 - 00:03:29:27
the guys that listen

00:03:29:27 - 00:03:31:05
and maybe some of them

00:03:31:05 - 00:03:32:17
didn't go through the

00:03:32:17 - 00:03:34:09
the evaluation even.

00:03:34:09 - 00:03:36:07
And you can expect that

00:03:36:07 - 00:03:37:07
if someone is

00:03:37:07 - 00:03:38:16
getting his payout,

00:03:38:16 - 00:03:39:23
he probably

00:03:39:23 - 00:03:40:25
will continue to do

00:03:40:25 - 00:03:43:00
so over and over again.

00:03:43:00 - 00:03:43:20
And, 

00:03:43:20 - 00:03:44:13
like everyone

00:03:44:13 - 00:03:45:24
else, you're just a human.

00:03:45:24 - 00:03:46:09
And,

00:03:46:09 - 00:03:47:17
probably there was

00:03:47:17 - 00:03:48:28
something either

00:03:48:28 - 00:03:50:12
around the market

00:03:50:12 - 00:03:50:25
that didn't

00:03:50:25 - 00:03:51:29
fit your strategy.

00:03:51:29 - 00:03:52:29
Or maybe

00:03:52:29 - 00:03:54:04
that also could be

00:03:54:04 - 00:03:55:03
on a personal life, right?

00:03:55:03 - 00:03:56:08
on a personal life, right?

00:03:56:08 - 00:03:57:00
A lot of the times

00:03:57:00 - 00:03:57:20
you will see

00:03:57:20 - 00:03:59:19
someone that maybe broke up

00:03:59:19 - 00:04:00:17
with his girlfriend

00:04:00:17 - 00:04:01:13
or something like that

00:04:01:13 - 00:04:01:21
and or

00:04:01:21 - 00:04:02:01
and or

00:04:02:01 - 00:04:02:26
moved to a different

00:04:02:26 - 00:04:04:04
apartment, and,

00:04:04:04 - 00:04:05:00
and those elements

00:04:05:00 - 00:04:05:23
will affect,

00:04:05:23 - 00:04:07:02
his or her trading.

00:04:07:02 - 00:04:08:22
So let's go

00:04:08:22 - 00:04:10:26
a few steps before that.

00:04:10:26 - 00:04:11:13
You know, before

00:04:11:13 - 00:04:12:18
you started to trading

00:04:12:18 - 00:04:13:17
on your funded account,

00:04:13:17 - 00:04:14:01
I actually

00:04:14:01 - 00:04:15:17
when you started to trade,

00:04:15:17 - 00:04:17:02
did you change anything?

00:04:17:02 - 00:04:18:24
or did you do

00:04:18:24 - 00:04:19:18
the same thing

00:04:19:18 - 00:04:20:05
as you did

00:04:20:05 - 00:04:21:11
on your evaluation?

00:04:21:11 - 00:04:21:13
on your evaluation?

00:04:21:13 - 00:04:22:12
So I've,

00:04:22:12 - 00:04:24:09
I've been backtesting

00:04:24:09 - 00:04:27:09
specific methods to fit the,

00:04:27:09 - 00:04:28:02
the evaluation

00:04:28:02 - 00:04:29:24
and the funded accounts,

00:04:29:24 - 00:04:31:08
because I think trading

00:04:31:08 - 00:04:32:24
your personal account

00:04:32:24 - 00:04:34:11
is a little bit different

00:04:34:11 - 00:04:35:24
in the approach,

00:04:35:24 - 00:04:37:04
versus trading

00:04:37:04 - 00:04:38:08
an evaluation or a

00:04:38:08 - 00:04:39:20
or a or a funded account

00:04:39:20 - 00:04:40:25
because, well,

00:04:40:25 - 00:04:41:03
because, well,

00:04:41:03 - 00:04:43:00
you have guardrails

00:04:43:03 - 00:04:44:15
on Trade The Pool

00:04:44:15 - 00:04:45:05
which I think

00:04:45:05 - 00:04:46:00
is something very,

00:04:46:00 - 00:04:47:03
very beneficial

00:04:47:03 - 00:04:48:22
for the newer traders

00:04:48:22 - 00:04:49:22
especially.

00:04:49:22 - 00:04:51:04
And you have to work

00:04:51:04 - 00:04:53:10
through those guardrails

00:04:53:10 - 00:04:54:23
in order to find the strategy

00:04:54:23 - 00:04:56:08
that is going to allow you

00:04:56:08 - 00:04:57:26
to keep moving forward

00:04:57:26 - 00:04:59:07
and also have

00:04:59:07 - 00:05:00:12
that risk management

00:05:00:12 - 00:05:01:11
that is so important,

00:05:01:11 - 00:05:02:03
especially,

00:05:02:03 - 00:05:04:14
for for people like me

00:05:04:14 - 00:05:07:03
where I've found where I,

00:05:07:03 - 00:05:08:20
I have

00:05:08:20 - 00:05:10:16
low ability to self control.

00:05:10:16 - 00:05:12:04
Sometimes you can say,

00:05:12:04 - 00:05:13:17
right, everyone, you know.

00:05:13:17 - 00:05:14:02
So,

00:05:14:07 - 00:05:14:27
I think

00:05:14:27 - 00:05:16:03
what you guys are doing

00:05:16:03 - 00:05:16:24
and the,

00:05:16:24 - 00:05:17:24
the risk management

00:05:17:24 - 00:05:18:22
that you're implementing on

00:05:18:22 - 00:05:19:13
the platform

00:05:19:13 - 00:05:21:02
is really good in order

00:05:21:02 - 00:05:21:14
to keep

00:05:21:14 - 00:05:22:28
the trader accountable

00:05:22:28 - 00:05:24:06
and responsible

00:05:24:06 - 00:05:25:23
and finding a strategy

00:05:25:23 - 00:05:26:18
that suits that.

00:05:26:18 - 00:05:28:04
So I went through,

00:05:28:04 - 00:05:28:05
a little bit of,

00:05:28:05 - 00:05:28:25
a little bit of,

00:05:28:25 - 00:05:30:10
research process,

00:05:30:10 - 00:05:31:26
also known many different

00:05:31:26 - 00:05:33:04
evaluations accounts

00:05:33:04 - 00:05:34:17
that I went through in order

00:05:34:17 - 00:05:36:17
to find the right strategy.

00:05:36:17 - 00:05:37:21
And I came up with,

00:05:37:21 - 00:05:39:10
with an averaging in

00:05:39:10 - 00:05:41:00
or scaling in strategy

00:05:41:00 - 00:05:42:13
where I take very,

00:05:42:13 - 00:05:42:29
very small

00:05:42:29 - 00:05:44:16
position sizing

00:05:44:16 - 00:05:46:10
and I just find levels

00:05:46:10 - 00:05:47:13
in which I go

00:05:47:13 - 00:05:48:01
in, obviously,

00:05:48:01 - 00:05:48:18
in, obviously,

00:05:48:18 - 00:05:49:26
after having found

00:05:49:26 - 00:05:51:22
a bias in the market,

00:05:51:22 - 00:05:53:06
for the evaluation,

00:05:53:06 - 00:05:53:07
process,

00:05:53:07 - 00:05:54:22
process,

00:05:54:22 - 00:05:55:29
I had been trading

00:05:55:29 - 00:05:57:11
a little bit of small caps

00:05:57:11 - 00:05:58:06
before,

00:05:58:06 - 00:05:58:07
the useful,

00:05:58:07 - 00:05:58:25
the useful,

00:05:58:25 - 00:06:00:14
like shorting the pumps

00:06:00:14 - 00:06:01:27
and things like that.

00:06:01:27 - 00:06:03:01
And that had been,

00:06:03:01 - 00:06:04:19
working really well.

00:06:04:19 - 00:06:05:23
But it got to a point

00:06:05:23 - 00:06:06:21
where, you know,

00:06:06:21 - 00:06:09:02
you start to see big squeezes

00:06:09:02 - 00:06:10:16
of some of the stocks.

00:06:10:16 - 00:06:11:05
And,

00:06:11:05 - 00:06:12:26
again, the risk management

00:06:12:26 - 00:06:14:20
aspect sometimes doesn't

00:06:14:20 - 00:06:15:01
allow you

00:06:15:01 - 00:06:15:13
to see

00:06:15:13 - 00:06:17:06
the right moment to exit.

00:06:17:06 - 00:06:18:05
So this, the scaling

00:06:18:05 - 00:06:18:28
So this, the scaling

00:06:18:28 - 00:06:19:25
strategy worked

00:06:19:25 - 00:06:20:16
really, really well

00:06:20:16 - 00:06:21:25
and made my process

00:06:21:25 - 00:06:23:24
very consistent.

00:06:23:24 - 00:06:25:17
I had up until the point

00:06:25:17 - 00:06:26:25
where I terminated

00:06:26:25 - 00:06:28:04
the account, I have,

00:06:28:04 - 00:06:30:02
I had a fairly high,

00:06:30:02 - 00:06:30:03
success rate.

00:06:30:03 - 00:06:31:19
success rate.

00:06:31:19 - 00:06:33:16
Which didn't,

00:06:33:16 - 00:06:34:27
in the scale of the, the

00:06:34:27 - 00:06:35:04
in the scale of the, the

00:06:35:04 - 00:06:35:17
how do you say

00:06:35:17 - 00:06:37:05
the risk to reward

00:06:37:05 - 00:06:39:06
ratio wasnt that big.

00:06:39:06 - 00:06:40:04
But because I had

00:06:40:04 - 00:06:40:29
the success rate,

00:06:40:29 - 00:06:42:08
then the account

00:06:42:08 - 00:06:44:20
was progressing evenly.

00:06:44:20 - 00:06:45:22
And then. Yeah.

00:06:45:22 - 00:06:47:21
And once you get the payout

00:06:47:21 - 00:06:49:10
and you figure out,

00:06:49:10 - 00:06:51:02
okay, this system is working,

00:06:51:02 - 00:06:52:17
then you, you tweak it.

00:06:52:17 - 00:06:53:25
thinking that you know

00:06:53:25 - 00:06:55:00
better than the market.

00:06:55:00 - 00:06:56:08
And then I started just doing

00:06:56:08 - 00:06:57:28
weird things, you know?

00:06:57:28 - 00:07:00:10
And so that kind of taught me

00:07:00:10 - 00:07:03:05
to stay true to the plan

00:07:03:05 - 00:07:04:15
and just try to keep

00:07:04:15 - 00:07:05:14
the rules

00:07:05:14 - 00:07:07:04
as fresh as possible

00:07:07:04 - 00:07:07:23
every day,

00:07:07:23 - 00:07:08:12
regardless of

00:07:08:12 - 00:07:10:03
what's happening.

00:07:10:03 - 00:07:10:20
That day,

00:07:10:20 - 00:07:12:03
specifically on your

00:07:12:03 - 00:07:13:21
on your trading

00:07:13:21 - 00:07:16:00
and also the resilience

00:07:16:00 - 00:07:17:18
to get back on the horse

00:07:17:18 - 00:07:19:02
and, you know,

00:07:19:02 - 00:07:19:24
do it again

00:07:19:24 - 00:07:20:27
because as you said,

00:07:20:27 - 00:07:22:27
everybody goes through that

00:07:22:27 - 00:07:24:16
marketplace in psychology

00:07:24:16 - 00:07:25:14
quite a bit. Yeah.

00:07:25:14 - 00:07:25:25
quite a bit. Yeah.

00:07:25:25 - 00:07:27:24
But that doesn't mean that

00:07:27:24 - 00:07:28:26
what you're doing

00:07:28:26 - 00:07:29:13
and the effort

00:07:29:13 - 00:07:30:04
that you're putting

00:07:30:04 - 00:07:31:20
is not valid

00:07:31:20 - 00:07:32:29
to keep

00:07:32:29 - 00:07:33:22
making and keep

00:07:33:22 - 00:07:34:17
finding the right

00:07:34:17 - 00:07:36:01
path for you.

00:07:36:01 - 00:07:37:10
Yeah, 100%.

00:07:37:10 - 00:07:37:11
And this is amazing

00:07:37:11 - 00:07:38:10
And this is amazing

00:07:38:10 - 00:07:39:07
what you just mentioned,

00:07:39:07 - 00:07:41:05
because a lot of the times

00:07:41:05 - 00:07:41:22
when it comes

00:07:41:22 - 00:07:43:13
to performance based. Right.

00:07:43:13 - 00:07:44:16
I always say

00:07:44:16 - 00:07:45:29
we are like athletes, right?

00:07:45:29 - 00:07:46:08
Like, NBA players,

00:07:46:08 - 00:07:47:24
Like, NBA players,

00:07:47:24 - 00:07:49:17
because we are

00:07:49:17 - 00:07:50:29
obviously we go to the court

00:07:50:29 - 00:07:52:08
and we play the game,

00:07:52:08 - 00:07:53:24
and if we win, the

00:07:53:24 - 00:07:55:10
our team wins, right?

00:07:55:10 - 00:07:56:19
So everything is okay.

00:07:56:19 - 00:07:57:01
But, you know, in most cases

00:07:57:01 - 00:07:58:15
But, you know, in most cases

00:07:58:15 - 00:07:59:12
a lot of the traders

00:07:59:12 - 00:08:01:15
will look for the end result.

00:08:01:15 - 00:08:03:16
Am I making money or not?

00:08:03:16 - 00:08:04:05
But there is a

00:08:04:05 - 00:08:05:08
lot of progress

00:08:05:08 - 00:08:06:00
that you're doing

00:08:06:00 - 00:08:07:03
along the way

00:08:07:03 - 00:08:07:17
in order

00:08:07:17 - 00:08:09:27
to reach that profitability.

00:08:09:27 - 00:08:11:05
And, and,

00:08:11:05 - 00:08:12:17
and you got to give yourself

00:08:12:17 - 00:08:14:00
like a tap on the shoulder

00:08:14:00 - 00:08:14:14
when,

00:08:14:14 - 00:08:16:01
when you see the progress,

00:08:16:01 - 00:08:17:21
even if it's not really

00:08:17:21 - 00:08:19:08
P&L progress.

00:08:19:08 - 00:08:20:05
But it's actually,

00:08:20:05 - 00:08:20:15
you know,

00:08:20:15 - 00:08:21:02
I'm learning

00:08:21:02 - 00:08:22:09
from my mistakes,

00:08:22:09 - 00:08:22:10
tweaking my strategies.

00:08:22:10 - 00:08:24:03
tweaking my strategies.

00:08:24:03 - 00:08:25:16
I'm doing backtesting,

00:08:25:16 - 00:08:26:05
as you mentioned,

00:08:26:05 - 00:08:26:19
all of those

00:08:26:19 - 00:08:28:03
things are actually

00:08:28:03 - 00:08:29:05
within the process

00:08:29:05 - 00:08:31:08
to become profitable and

00:08:31:08 - 00:08:32:17
and you got to,

00:08:32:17 - 00:08:33:00
you know, acknowledge them.

00:08:33:00 - 00:08:33:24
you know, acknowledge them.

00:08:33:24 - 00:08:35:00
Right?

00:08:35:00 - 00:08:36:08
Exactly, exactly.

00:08:36:08 - 00:08:37:15
And it's a

00:08:37:15 - 00:08:38:27
funny story, actually,

00:08:38:27 - 00:08:40:11
now that you mentioned sports

00:08:40:11 - 00:08:41:17
and competition

00:08:41:17 - 00:08:43:12
and performance,

00:08:43:12 - 00:08:43:13
I used to be

00:08:43:13 - 00:08:43:27
I used to be

00:08:43:27 - 00:08:45:29
a professional ballet dancer.

00:08:45:29 - 00:08:46:07
Oh, and, in San Francisco

00:08:46:07 - 00:08:46:22
Oh, and, in San Francisco

00:08:46:22 - 00:08:48:04
Oh, and, in San Francisco

00:08:48:04 - 00:08:49:16
at San Francisco Ballet.

00:08:49:16 - 00:08:50:29
Now I retire, obviously.

00:08:50:29 - 00:08:51:21
And now I teach.

00:08:51:21 - 00:08:52:26
I'm based in New York,

00:08:52:26 - 00:08:53:28
so I work for American

00:08:53:28 - 00:08:54:17
Ballet Theater,

00:08:54:17 - 00:08:56:09
another one of the big,

00:08:56:09 - 00:08:56:10
performance companies.

00:08:56:10 - 00:08:58:05
performance companies.

00:08:58:05 - 00:08:58:25
And,

00:08:58:25 - 00:08:59:18
I did it at

00:08:59:18 - 00:09:00:28
very high level, too.

00:09:00:28 - 00:09:01:25
So, you know,

00:09:01:25 - 00:09:03:00
I was a principal,

00:09:03:00 - 00:09:03:01
ballet dancer,

00:09:03:01 - 00:09:04:00
ballet dancer,

00:09:04:00 - 00:09:04:29
which is kind of like

00:09:04:29 - 00:09:06:06
the highest stage

00:09:06:06 - 00:09:07:11
that a person can reach

00:09:07:11 - 00:09:08:21
in my field.

00:09:08:21 - 00:09:10:09
And you're totally right.

00:09:10:09 - 00:09:11:21
Like the moment

00:09:11:21 - 00:09:14:24
where I started to realize

00:09:14:24 - 00:09:16:24
and kind of compare

00:09:16:24 - 00:09:17:25
what I'm doing now

00:09:17:25 - 00:09:18:22
to what I used to do

00:09:18:22 - 00:09:19:26
as a professional, dancer.

00:09:19:26 - 00:09:21:03
as a professional dancer.

00:09:21:06 - 00:09:22:21
It's very much.

00:09:22:21 - 00:09:23:11
You have to

00:09:23:11 - 00:09:24:05
have your routine.

00:09:24:05 - 00:09:24:20
You have to have

00:09:24:20 - 00:09:25:15
your process.

00:09:25:15 - 00:09:27:10
The moment that you deviate

00:09:27:10 - 00:09:28:08
and you get a little

00:09:28:08 - 00:09:30:09
bit of a little bit cocky.

00:09:30:09 - 00:09:30:20
Okay?

00:09:30:20 - 00:09:31:21
I've rehearsed this

00:09:31:21 - 00:09:32:28
performance a lot.

00:09:32:28 - 00:09:33:07
I think

00:09:33:07 - 00:09:34:05
he's going to be okay.

00:09:34:05 - 00:09:34:15
You don't

00:09:34:15 - 00:09:36:08
do your full preparation.

00:09:36:08 - 00:09:37:15
Yeah. That's when

00:09:37:15 - 00:09:38:13
I realized

00:09:38:13 - 00:09:39:16
that my performance

00:09:39:16 - 00:09:40:28
was not as good as

00:09:40:28 - 00:09:42:08
probably could have been.

00:09:42:08 - 00:09:43:13
If I would have followed

00:09:43:13 - 00:09:45:00
my regular process,

00:09:45:00 - 00:09:46:17
my regular routine,

00:09:46:17 - 00:09:48:11
and I would have just taken

00:09:48:11 - 00:09:49:01
that moment

00:09:49:01 - 00:09:50:07
as the most important moment

00:09:50:07 - 00:09:51:09
to prepare me towards

00:09:51:09 - 00:09:52:02
what was going to happen

00:09:52:02 - 00:09:53:07
in front of the audience.

00:09:53:07 - 00:09:54:13
And I think trading is

00:09:54:13 - 00:09:55:17
a little bit parallel

00:09:55:17 - 00:09:56:24
in that sense,

00:09:56:24 - 00:09:58:05
and I didn't start

00:09:58:05 - 00:09:59:08
to find success

00:09:59:08 - 00:10:01:26
until I kind of realized

00:10:01:26 - 00:10:03:20
that same concept

00:10:03:20 - 00:10:05:04
and the moments

00:10:05:04 - 00:10:06:24
where I deviate from that

00:10:06:24 - 00:10:07:16
are the moments

00:10:07:16 - 00:10:09:09
where I find, oh, okay,

00:10:09:09 - 00:10:10:08
I think

00:10:10:08 - 00:10:11:04
I'm starting to know

00:10:11:04 - 00:10:11:28
what I'm doing.

00:10:11:28 - 00:10:13:18
I think, you know, I,

00:10:13:18 - 00:10:14:24
I know I can foresee

00:10:14:24 - 00:10:15:13
a little bit

00:10:15:13 - 00:10:16:02
what the market

00:10:16:02 - 00:10:17:22
is going to do.

00:10:17:22 - 00:10:19:00
And so that kind of like

00:10:19:00 - 00:10:20:15
works against,

00:10:20:15 - 00:10:21:25
what I usually do

00:10:21:25 - 00:10:22:12
on the routine

00:10:22:12 - 00:10:23:08
that I follow in order

00:10:23:08 - 00:10:24:09
to make things or

00:10:24:09 - 00:10:26:12
to allow things to happen

00:10:26:12 - 00:10:28:20
more controlled.

00:10:28:20 - 00:10:29:19
So it's so it's

00:10:29:19 - 00:10:30:20
finding this

00:10:30:20 - 00:10:32:19
balance between, on one hand,

00:10:32:19 - 00:10:32:29
like you

00:10:32:29 - 00:10:34:06
said, you know,

00:10:34:06 - 00:10:36:28
even if you, you feel like

00:10:36:28 - 00:10:38:23
you're on fire, right?

00:10:38:23 - 00:10:40:18
you still need to be humble.

00:10:40:18 - 00:10:42:28
And on the other hand,

00:10:42:28 - 00:10:44:08
you know, show

00:10:44:08 - 00:10:45:19
show yourself gratitude

00:10:45:19 - 00:10:46:12
when when

00:10:46:12 - 00:10:47:29
you see some progress and,

00:10:47:29 - 00:10:48:28
and tell yourself

00:10:48:28 - 00:10:51:08
that this is part of the path

00:10:51:08 - 00:10:52:04
until you reach

00:10:52:04 - 00:10:53:22
the profitability

00:10:53:22 - 00:10:55:20
and, and as you did,

00:10:55:20 - 00:10:56:05
you know,

00:10:56:05 - 00:10:57:22
you didn't give up

00:10:57:22 - 00:10:58:17
until you reach

00:10:58:17 - 00:10:59:15
the funded account

00:10:59:15 - 00:11:00:14
and you didn't give up

00:11:00:14 - 00:11:02:29
even after you terminated it.

00:11:02:29 - 00:11:03:09
So,

00:11:03:09 - 00:11:03:19
So,

00:11:03:19 - 00:11:04:17
so that's incredible

00:11:04:17 - 00:11:05:25
to see in along the way.

00:11:05:25 - 00:11:06:29
You, you got a payout.

00:11:06:29 - 00:11:08:22
So that's also amazing.

00:11:08:22 - 00:11:08:23
Ruben, I'm

00:11:08:23 - 00:11:09:07
Ruben, I'm

00:11:09:07 - 00:11:10:11
going to jump and show

00:11:10:11 - 00:11:12:28
the guys here the dashboard.

00:11:12:28 - 00:11:14:16
Your dashboard.

00:11:14:16 - 00:11:15:18
We can take the

00:11:15:18 - 00:11:16:23
the one that

00:11:16:23 - 00:11:17:15
you actually blew,

00:11:17:15 - 00:11:18:00
you actually blew,

00:11:18:00 - 00:11:20:04
like the terminated account.

00:11:20:04 - 00:11:21:01
so for those

00:11:21:01 - 00:11:22:03
of you who are not familiar,

00:11:22:03 - 00:11:23:25
everyone that join us,

00:11:23:25 - 00:11:24:12
Trade The Pool

00:11:24:12 - 00:11:25:15
gets his own dashboard,

00:11:25:15 - 00:11:26:29
and you can check your stats

00:11:26:29 - 00:11:28:13
and see the progress of the

00:11:28:13 - 00:11:29:24
account, basically.

00:11:29:24 - 00:11:32:08
This is Ruben.

00:11:32:08 - 00:11:33:28
And like I said, this is the

00:11:33:28 - 00:11:35:00
the funded account.

00:11:35:00 - 00:11:36:04
The terminated account,

00:11:36:04 - 00:11:37:08
the one that before

00:11:37:08 - 00:11:38:09
he terminated it,

00:11:38:09 - 00:11:40:21
he actually got his payout.

00:11:40:21 - 00:11:42:03
So so this is the chart,

00:11:42:03 - 00:11:42:24
the very nice

00:11:42:24 - 00:11:43:23
move to the upside.

00:11:43:23 - 00:11:44:20
Like you said,

00:11:44:20 - 00:11:46:07
your success rate was

00:11:46:07 - 00:11:47:03
pretty solid.

00:11:47:03 - 00:11:48:27
66%,

00:11:48:27 - 00:11:48:28
before

00:11:48:28 - 00:11:49:14
before

00:11:49:14 - 00:11:50:00
is starting

00:11:50:00 - 00:11:51:16
to drop at the top.

00:11:51:16 - 00:11:51:18
to drop at the top.

00:11:51:18 - 00:11:53:03
Risk reward is kind of hard.

00:11:53:03 - 00:11:53:04
0.5.

00:11:53:04 - 00:11:54:05
0.5.

00:11:54:05 - 00:11:54:18
So this is

00:11:54:18 - 00:11:55:21
definitely something

00:11:55:21 - 00:11:56:29
to keep the focus on.

00:11:56:29 - 00:11:58:02
And actually,

00:11:58:02 - 00:11:58:14
you know,

00:11:58:14 - 00:11:59:18
trying to find a way

00:11:59:18 - 00:12:01:29
to increase that.

00:12:01:29 - 00:12:02:17
A nice move

00:12:02:17 - 00:12:03:12
to the upside

00:12:03:12 - 00:12:07:04
all the way to 2500.

00:12:07:04 - 00:12:08:14
And then, the the fallout.

00:12:08:14 - 00:12:09:19
And then, the the fallout.

00:12:09:19 - 00:12:10:00
Right.

00:12:10:05 - 00:12:11:01
That was a tough one.

00:12:11:01 - 00:12:11:09
But I mean, you started

00:12:11:09 - 00:12:12:24
But I mean, you started

00:12:12:24 - 00:12:13:27
you actually reached the top

00:12:13:27 - 00:12:16:27
at March 12th and ended

00:12:17:01 - 00:12:18:16
like six days after,

00:12:18:16 - 00:12:19:08
you terminated

00:12:19:08 - 00:12:20:12
the account, right?

00:12:20:12 - 00:12:20:29
Yeah.

00:12:20:29 - 00:12:22:18
It was it was pretty fast.

00:12:22:18 - 00:12:22:29
This,

00:12:22:29 - 00:12:24:13
is so, so interesting

00:12:24:13 - 00:12:26:11
how the psychology just

00:12:26:11 - 00:12:26:23
plays

00:12:26:23 - 00:12:29:00
you that way and that fast.

00:12:29:00 - 00:12:30:00
Yeah.

00:12:30:00 - 00:12:30:09
And,

00:12:30:09 - 00:12:32:05
when going over your trades,

00:12:32:05 - 00:12:32:20
you can see

00:12:32:20 - 00:12:34:14
some of them are Tesla,

00:12:34:14 - 00:12:34:15
Like big tech companies.

00:12:34:15 - 00:12:36:20
like big tech companies.

00:12:36:20 - 00:12:37:12
But,

00:12:37:12 - 00:12:38:01
most of them,

00:12:38:01 - 00:12:38:20
as you mentioned, like

00:12:38:20 - 00:12:39:00
as you mentioned, like

00:12:39:00 - 00:12:40:27
small caps, penny stocks,

00:12:40:27 - 00:12:43:12
shorting them or long.

00:12:43:12 - 00:12:44:22
And tell me a little bit

00:12:44:22 - 00:12:45:16
maybe about that

00:12:45:16 - 00:12:46:19
because this is something

00:12:46:19 - 00:12:48:07
that is kind of unique.

00:12:48:07 - 00:12:49:29
Most guys are either trading

00:12:49:29 - 00:12:50:18
small caps,

00:12:50:18 - 00:12:51:10
penny stocks

00:12:51:10 - 00:12:53:05
or going for the big names

00:12:53:05 - 00:12:55:04
or or mid-cap, but

00:12:55:04 - 00:12:55:29
in most cases

00:12:55:29 - 00:12:56:22
you won't see guys

00:12:56:22 - 00:12:57:26
net mixing it up.

00:12:57:26 - 00:12:58:17
Tell me a little bit

00:12:58:17 - 00:12:59:03
about that.

00:12:59:03 - 00:13:00:04
Why why is it

00:13:00:04 - 00:13:01:10
that you traded Tesla?

00:13:01:15 - 00:13:02:25
Well, I had I had two

00:13:02:25 - 00:13:04:03
different strategies

00:13:04:03 - 00:13:05:05
based on,

00:13:05:05 - 00:13:06:25
my schedule at work.

00:13:06:28 - 00:13:08:24
One of them is

00:13:08:24 - 00:13:10:14
because I'm able to trade

00:13:10:14 - 00:13:11:08
from, pre-market

00:13:11:08 - 00:13:12:04
from, pre-market

00:13:12:04 - 00:13:12:18
a little bit, of pre-market

00:13:12:18 - 00:13:13:17
a little bit, of pre-market

00:13:13:17 - 00:13:15:07
when I get to the office.

00:13:15:07 - 00:13:16:14
Up until my first

00:13:16:14 - 00:13:17:29
few classes in the morning,

00:13:17:29 - 00:13:19:04
which is like around

00:13:19:04 - 00:13:20:19
10:30, 11.

00:13:20:19 - 00:13:22:28
So I had a strategy

00:13:22:28 - 00:13:24:00
that worked with,

00:13:24:00 - 00:13:24:28
with the small caps

00:13:24:28 - 00:13:26:27
for pre-market in which,

00:13:26:27 - 00:13:26:29
for pre-market in which,

00:13:26:29 - 00:13:27:23
you know,

00:13:27:23 - 00:13:29:02
you see the companies

00:13:29:02 - 00:13:30:23
that have run for,

00:13:30:23 - 00:13:32:01
for a long,

00:13:32:01 - 00:13:33:00
a long time

00:13:33:00 - 00:13:34:11
and in terms of,

00:13:34:11 - 00:13:35:19
price percentage,

00:13:35:19 - 00:13:35:20
during the morning

00:13:35:20 - 00:13:36:27
during the morning

00:13:36:27 - 00:13:38:10
and then just find stocks

00:13:38:10 - 00:13:38:24
in which,

00:13:38:24 - 00:13:40:27
in which you can short

00:13:40:27 - 00:13:42:01
and as I said,

00:13:42:01 - 00:13:44:09
I have a scaling in strategy,

00:13:44:09 - 00:13:45:18
which works really

00:13:45:18 - 00:13:46:29
well to make myself

00:13:46:29 - 00:13:48:14
be a little bit more patient

00:13:48:14 - 00:13:49:09
and go a little bit

00:13:49:09 - 00:13:50:25
more gradual

00:13:50:25 - 00:13:53:00
into understanding

00:13:53:00 - 00:13:55:03
what the stock wants to do.

00:13:55:03 - 00:13:55:28
So that worked

00:13:55:28 - 00:13:57:01
really, really well.

00:13:57:01 - 00:13:59:11
During a period of time,

00:13:59:11 - 00:14:00:08
during pre-market.

00:14:00:08 - 00:14:01:04
And then once

00:14:01:04 - 00:14:02:20
the market opens,

00:14:02:20 - 00:14:04:07
I use a kind of

00:14:04:07 - 00:14:06:27
similar scaling in strategy.

00:14:06:27 - 00:14:08:05
But this one more

00:14:08:05 - 00:14:09:28
defined on levels

00:14:09:28 - 00:14:10:10
with, Tesla,

00:14:10:10 - 00:14:10:28
with, Tesla,

00:14:10:28 - 00:14:12:07
which is a very,

00:14:12:12 - 00:14:13:11
a very it has a

00:14:13:11 - 00:14:14:23
lot of volume.

00:14:14:23 - 00:14:15:24
It's it has a lot

00:14:15:24 - 00:14:16:26
of volatility

00:14:16:26 - 00:14:18:00
that traders can

00:14:18:00 - 00:14:19:15
take advantage of.

00:14:19:15 - 00:14:20:16
And then I use,

00:14:20:16 - 00:14:22:12
camarilla pivot levels,

00:14:22:12 - 00:14:23:28
which can give you

00:14:23:28 - 00:14:25:01
certain amount of,

00:14:25:01 - 00:14:27:12
room for certain strategies

00:14:27:13 - 00:14:28:21
and also daily levels.

00:14:28:21 - 00:14:30:00
So I use those

00:14:30:00 - 00:14:31:25
basically horizontal levels

00:14:31:25 - 00:14:33:26
in order to find entries 

00:14:33:26 - 00:14:35:13
And then I scale in

00:14:35:13 - 00:14:36:04
and I scale

00:14:36:04 - 00:14:37:03
out of those levels

00:14:37:03 - 00:14:38:18
based on what I see.

00:14:38:18 - 00:14:40:01
And so,

00:14:40:01 - 00:14:41:12
I had a little bit

00:14:41:12 - 00:14:41:25
more of,

00:14:41:25 - 00:14:43:03
of a bias towards the,

00:14:43:03 - 00:14:43:29
the small caps

00:14:43:29 - 00:14:45:08
just because of

00:14:45:08 - 00:14:46:17
how much they run.

00:14:46:17 - 00:14:47:05
And there was a

00:14:47:05 - 00:14:47:28
period of time

00:14:47:28 - 00:14:48:29
where the dumps

00:14:48:29 - 00:14:50:08
were actually quite,

00:14:50:08 - 00:14:51:14
quite heavy.

00:14:51:14 - 00:14:52:29
And I took advantage of that

00:14:52:29 - 00:14:53:17
on the way

00:14:53:17 - 00:14:56:05
up of my equity curve.

00:14:56:05 - 00:14:57:17
And then there was, a few,

00:14:57:17 - 00:14:58:20
And then there was a few,

00:14:58:20 - 00:15:01:12
a few run squeezes

00:15:01:12 - 00:15:02:16
where, you know,

00:15:02:16 - 00:15:04:05
like, things move so fast

00:15:04:05 - 00:15:05:05
that I just couldn't,

00:15:05:05 - 00:15:06:18
couldn't control the,

00:15:06:18 - 00:15:07:18
the risk management

00:15:07:18 - 00:15:08:11
fast enough.

00:15:08:11 - 00:15:08:23
And I think

00:15:08:23 - 00:15:09:20
that was the beginning

00:15:09:20 - 00:15:11:13
of the decline

00:15:11:13 - 00:15:13:15
on my equity curve.

00:15:13:15 - 00:15:15:09
And it just got to a point

00:15:15:09 - 00:15:17:02
where psychologically,

00:15:17:02 - 00:15:18:00
you're in a place where,

00:15:18:00 - 00:15:18:26
you know, I can't

00:15:18:26 - 00:15:20:04
I can't really,

00:15:20:04 - 00:15:21:22
save this account anymore.

00:15:21:22 - 00:15:22:21
So you just,

00:15:22:21 - 00:15:23:02
you know,

00:15:23:02 - 00:15:25:00
go a little crazy at the end.

00:15:25:00 - 00:15:28:03
But anyways, that to be said

00:15:28:03 - 00:15:29:26
that after that account,

00:15:29:26 - 00:15:31:18
you have a little bit of

00:15:31:18 - 00:15:32:24
mental space,

00:15:32:24 - 00:15:34:14
so you can kind of,

00:15:34:14 - 00:15:37:13
regain your common sense

00:15:37:14 - 00:15:39:08
and the resilience

00:15:39:08 - 00:15:41:03
to understand

00:15:41:03 - 00:15:42:06
that this is just,

00:15:42:06 - 00:15:44:11
you know, cost of business

00:15:44:11 - 00:15:46:15
to be able to, to move,

00:15:46:15 - 00:15:47:20
get back on the horse

00:15:47:20 - 00:15:49:10
and, and do it again,

00:15:49:10 - 00:15:51:03
find a better strategy

00:15:51:03 - 00:15:51:18
that serves

00:15:51:18 - 00:15:53:10
the market conditions

00:15:53:10 - 00:15:54:27
and just keep going at it

00:15:54:27 - 00:15:56:14
until you're successful.

00:15:56:14 - 00:15:58:14
that’s the name of the game,

00:15:58:14 - 00:15:59:11
it's amazing.

00:15:59:11 - 00:15:59:23
And,

00:15:59:23 - 00:16:00:09
And,

00:16:00:09 - 00:16:00:29
yeah, it's funny

00:16:00:29 - 00:16:02:00
to say, you know,

00:16:02:00 - 00:16:03:01
you mentioned that

00:16:03:01 - 00:16:04:04
once you reached

00:16:04:04 - 00:16:05:12
or got closer

00:16:05:12 - 00:16:07:06
to the termination level

00:16:07:06 - 00:16:09:01
or the max loss level,

00:16:09:01 - 00:16:10:28
you became more aggressive

00:16:10:28 - 00:16:12:02
or started to do some,

00:16:12:02 - 00:16:13:09
crazy stuff.

00:16:13:09 - 00:16:14:18
And it's interesting to say

00:16:14:18 - 00:16:16:27
that I saw traders coming,

00:16:16:27 - 00:16:18:00
you know, almost reaching

00:16:18:00 - 00:16:19:01
on the evaluation phase,

00:16:19:01 - 00:16:20:18
almost reaching the target,

00:16:20:18 - 00:16:22:01
and then doing the same thing

00:16:22:01 - 00:16:23:13
that you mentioned, like

00:16:23:13 - 00:16:24:24
going more aggressive

00:16:24:24 - 00:16:25:27
or doing crazy stuff

00:16:25:27 - 00:16:27:19
just to reach the target

00:16:27:19 - 00:16:29:11
instead of continue

00:16:29:11 - 00:16:30:18
the progress very

00:16:30:18 - 00:16:32:02
smoothly until they reach it.

00:16:32:07 - 00:16:33:05
Super interesting.

00:16:33:05 - 00:16:35:12
You know, all the psychology,

00:16:35:12 - 00:16:36:09
the human psychology

00:16:36:09 - 00:16:37:12
behind those things.

00:16:37:14 - 00:16:37:26
Yeah.

00:16:37:26 - 00:16:38:03
I mean,

00:16:38:03 - 00:16:38:28
I think it's the,

00:16:38:28 - 00:16:41:13
almost like, seen, seen

00:16:41:13 - 00:16:42:19
where you are so far

00:16:42:19 - 00:16:43:25
away from the goal

00:16:43:25 - 00:16:44:27
that you just want

00:16:44:27 - 00:16:46:08
you almost want to double up

00:16:46:08 - 00:16:47:20
in order to catch up

00:16:47:20 - 00:16:50:04
with the same rate of, of advance

00:16:50:04 - 00:16:52:01
that you had before. Yeah.

00:16:52:01 - 00:16:54:03
And it almost makes you

00:16:54:03 - 00:16:55:11
a little bit more desperate.

00:16:55:11 - 00:16:55:25
Right?

00:16:55:25 - 00:16:56:14
Amazing.

00:16:56:14 - 00:16:56:23
And

00:16:56:23 - 00:16:57:23
maybe before

00:16:57:23 - 00:16:59:04
we wrap it out here,

00:16:59:04 - 00:16:59:29
I wanted to ask you

00:16:59:29 - 00:17:01:11
about maybe indicators.

00:17:01:11 - 00:17:02:19
Are you using anything?

00:17:02:19 - 00:17:03:01
Are you using anything,

00:17:03:01 - 00:17:03:20
of that

00:17:03:20 - 00:17:04:28
in order to,

00:17:04:28 - 00:17:05:18
you know, just,

00:17:05:18 - 00:17:05:20
you know, just,

00:17:05:20 - 00:17:06:26
this decision

00:17:06:26 - 00:17:07:16
making in order

00:17:07:16 - 00:17:09:20
to help your decision making?

00:17:09:20 - 00:17:10:01
Yeah.

00:17:10:01 - 00:17:11:08
I basically just

00:17:11:08 - 00:17:12:24
look at the daily chart

00:17:12:24 - 00:17:13:25
in order to get,

00:17:13:25 - 00:17:15:10
an idea of a bias.

00:17:15:15 - 00:17:16:10
And then I'll use

00:17:16:10 - 00:17:17:20
the daily pivots

00:17:17:20 - 00:17:19:13
like high of day

00:17:20:09 - 00:17:21:02
They may be using

00:17:21:02 - 00:17:21:25
some pre-market

00:17:21:25 - 00:17:23:02
levels, higher

00:17:23:02 - 00:17:25:09
pre-market, low of pre-market.

00:17:25:09 - 00:17:26:13
And then I use this, this,

00:17:26:13 - 00:17:26:26
And then I use this, this,

00:17:26:26 - 00:17:28:00
pivot system

00:17:28:00 - 00:17:29:10
is called camarilla.

00:17:29:12 - 00:17:30:20
Pivot is some calculations

00:17:30:20 - 00:17:32:08
based on previous days

00:17:32:08 - 00:17:35:08
highs, lows, open, close.

00:17:35:08 - 00:17:36:11
And it gives you

00:17:36:11 - 00:17:38:26
a set of pivots for the day.

00:17:38:26 - 00:17:39:21
That gives you

00:17:39:21 - 00:17:42:00
also an idea of...okay,

00:17:42:00 - 00:17:43:01
this stock is on

00:17:43:01 - 00:17:44:03
breakout mode.

00:17:44:03 - 00:17:44:05
breakout mode.

00:17:44:05 - 00:17:46:22
Maybe this stock is opening

00:17:46:22 - 00:17:48:00
a middle of the value.

00:17:48:00 - 00:17:48:29
So this is

00:17:48:29 - 00:17:49:27
going to be ranging

00:17:49:27 - 00:17:51:12
a little bit more.

00:17:51:12 - 00:17:52:18
And also based on what

00:17:52:18 - 00:17:54:00
you see on the daily,

00:17:54:00 - 00:17:55:00
then you can get

00:17:55:00 - 00:17:56:03
a closer idea

00:17:56:03 - 00:17:56:29
of how

00:17:56:29 - 00:17:58:00
you want to play the stock

00:17:58:00 - 00:17:58:24
that day.

00:17:58:24 - 00:17:58:25
But mostly

00:17:58:25 - 00:18:00:10
But mostly

00:18:00:10 - 00:18:02:02
horizontal levels.

00:18:02:02 - 00:18:02:27
You know, obviously

00:18:02:27 - 00:18:03:12
you look at the

00:18:03:12 - 00:18:04:09
left of the chart

00:18:04:09 - 00:18:05:25
in order to get an idea

00:18:05:25 - 00:18:08:05
of where price is,

00:18:08:05 - 00:18:09:18
where it's been before,

00:18:09:18 - 00:18:10:17
and what is

00:18:10:17 - 00:18:13:00
likely to do in the future,

00:18:13:00 - 00:18:13:27
even though you can

00:18:13:27 - 00:18:15:04
never predict.

00:18:15:04 - 00:18:15:09
Yeah,

00:18:15:09 - 00:18:15:22
but but yeah,

00:18:15:22 - 00:18:16:06
but but yeah,

00:18:16:06 - 00:18:17:01
just trying to

00:18:17:01 - 00:18:18:02
keep it simple.

00:18:18:02 - 00:18:19:28
I have a few moving averages

00:18:19:28 - 00:18:21:18
also just to kind of,

00:18:21:18 - 00:18:22:14
never lose

00:18:22:14 - 00:18:24:06
track of the trend.

00:18:24:06 - 00:18:24:07
Even though sometimes,

00:18:24:07 - 00:18:25:21
Even though sometimes,

00:18:25:21 - 00:18:26:00
you know,

00:18:26:00 - 00:18:27:14
the urge is to keep fighting

00:18:27:14 - 00:18:28:04
the trend

00:18:28:04 - 00:18:29:08
just because you want

00:18:29:08 - 00:18:30:26
to catch some reversion

00:18:30:26 - 00:18:32:14
to the mean and so on.

00:18:32:14 - 00:18:35:00
So I try to just,

00:18:35:00 - 00:18:35:15
strip

00:18:35:15 - 00:18:36:23
layers of complication

00:18:36:23 - 00:18:37:29
off of this stuff

00:18:37:29 - 00:18:39:02
that I've done before

00:18:39:02 - 00:18:40:12
and just try to simplify

00:18:40:12 - 00:18:41:17
as much as possible.

00:18:41:17 - 00:18:41:19
as much as possible.

00:18:41:19 - 00:18:42:08
Important.

00:18:42:08 - 00:18:43:14
Definitely

00:18:43:14 - 00:18:45:17
keep it as clean as possible.

00:18:45:17 - 00:18:47:03
That would be

00:18:47:03 - 00:18:48:00
the best solution

00:18:48:00 - 00:18:49:07
on a technical level.

00:18:49:07 - 00:18:49:24
The best way to go.

00:18:49:24 - 00:18:50:13
The best way to go.

00:18:50:16 - 00:18:50:29
Amazing.

00:18:50:29 - 00:18:51:22
Ruben, that

00:18:51:22 - 00:18:53:10
was incredibly helpful.

00:18:53:10 - 00:18:54:10
I'm sure the guys that

00:18:54:10 - 00:18:55:10
just listened

00:18:55:10 - 00:18:57:00
will have tons of information

00:18:57:00 - 00:18:57:08
and, insight.

00:18:57:08 - 00:18:58:06
and insight.

00:18:58:06 - 00:18:59:25
And when they apply

00:18:59:25 - 00:19:00:22
for their evaluation,

00:19:00:22 - 00:19:01:05
they can,

00:19:01:05 - 00:19:02:08
put it to the test.

00:19:02:08 - 00:19:02:10
put it to the test.

00:19:02:10 - 00:19:03:12
Thanks so much again

00:19:03:12 - 00:19:03:27
for, for coming

00:19:03:27 - 00:19:04:22
for, for coming

00:19:04:22 - 00:19:05:23
and for those of you

00:19:05:23 - 00:19:06:18
who want to check us out,

00:19:06:18 - 00:19:08:26
go to TradeThePool.com.

00:19:08:28 - 00:19:09:27
We'll be in touch.

00:19:09:27 - 00:19:11:04
Bye for now.

00:19:11:04 - 00:19:12:03
Thank you so much.