00:00:00:00 - 00:00:01:02 I think that trading 00:00:01:02 - 00:00:02:07 is such a unique journey. 00:00:02:07 - 00:00:03:03 It's it's 00:00:03:03 - 00:00:04:16 kind of like your fingerprint, 00:00:04:16 - 00:00:04:29 you know, 00:00:04:29 - 00:00:06:17 there's 8 billion people in the world 00:00:06:17 - 00:00:08:10 and there's on the one, Michael, like, 00:00:08:10 - 00:00:09:13 there's no one else 00:00:09:13 - 00:00:11:04 that can match your fingerprint. 00:00:11:09 - 00:00:11:15 Yeah. 00:00:11:15 - 00:00:14:04 Trading I find it the same way really. 00:00:14:04 - 00:00:15:27 Like if you talk to each trader 00:00:15:29 - 00:00:16:23 you're going to find out 00:00:16:23 - 00:00:19:00 that they all trade very differently. 00:00:19:02 - 00:00:21:24 Like I truly believe that you have 00:00:21:24 - 00:00:23:25 to eventually carve out 00:00:23:25 - 00:00:25:18 your unique strategy. 00:00:25:18 - 00:00:26:29 This is why I think trading 00:00:26:29 - 00:00:28:00 cannot be taught. 00:00:28:00 - 00:00:29:22 It can only be learned. 00:00:29:22 - 00:00:31:25 You cannot teach this to someone. 00:00:31:25 - 00:00:33:12 You can show that some principles 00:00:33:12 - 00:00:33:28 and whatnot. 00:00:33:28 - 00:00:36:12 But when it comes to really learning, 00:00:36:12 - 00:00:37:29 you can't really do it on your own. 00:00:37:29 - 00:00:39:12 Like this is 00:00:39:12 - 00:00:41:02 the strategy has to be unique to you. 00:00:41:02 - 00:00:44:02 So scalping for me works the best. 00:00:45:01 - 00:00:47:17 Welcome, everybody, to another funded trader 00:00:47:17 - 00:00:48:21 of Trade The Pool. 00:00:48:21 - 00:00:49:18 Today, 00:00:49:18 - 00:00:51:04 Mustafa is with me. 00:00:51:04 - 00:00:53:28 A new funded trader with a flex 00:00:53:28 - 00:00:55:14 25k, 00:00:55:14 - 00:00:58:00 the new programs that we just launched. 00:00:58:00 - 00:00:59:10 Thanks for coming, Mustafa. 00:00:59:10 - 00:01:00:05 I appreciate that. 00:01:00:05 - 00:01:01:19 Thanks for having me. 00:01:01:19 - 00:01:02:14 Definitely. 00:01:02:14 - 00:01:02:25 And, you know, 00:01:02:25 - 00:01:03:27 And, you know, 00:01:03:27 - 00:01:05:07 you've been with us for a while 00:01:05:07 - 00:01:06:00 now, right? 00:01:06:00 - 00:01:07:06 You did a few attempts 00:01:07:06 - 00:01:09:08 on these different evaluations, 00:01:09:08 - 00:01:10:16 and now that you passed it, 00:01:10:16 - 00:01:11:29 let's start from the beginning. 00:01:11:29 - 00:01:13:12 How does it feel? 00:01:13:12 - 00:01:14:23 Oh, man, it is amazing. 00:01:14:23 - 00:01:17:15 I mean, I completed it yesterday. 00:01:17:15 - 00:01:20:03 The day before, I came very close 00:01:20:03 - 00:01:21:20 to completing the goal, 00:01:21:20 - 00:01:23:27 but I had a setback. 00:01:23:27 - 00:01:24:12 It's like it's unbelievable 00:01:24:12 - 00:01:25:16 It's like it's unbelievable 00:01:25:16 - 00:01:27:13 what the mind can do. 00:01:27:13 - 00:01:30:21 Like, I was $47 away from the goal. 00:01:30:25 - 00:01:33:14 This was the day before, and, 00:01:33:14 - 00:01:35:03 I knew I was going to hit it, 00:01:35:03 - 00:01:37:06 but I had a setback. 00:01:37:06 - 00:01:40:04 So completely in psychological. 00:01:40:04 - 00:01:40:17 But that 00:01:40:17 - 00:01:43:04 yesterday I was able to come back 00:01:43:04 - 00:01:45:00 and finish the challenge. 00:01:45:00 - 00:01:45:16 Yeah. I'm. 00:01:45:16 - 00:01:46:28 I'm looking at your chart now 00:01:46:28 - 00:01:48:12 and we will share it in a second. 00:01:48:12 - 00:01:50:17 It's really incredible the fact that 00:01:50:17 - 00:01:52:08 and I've seen so many traders, 00:01:52:08 - 00:01:53:29 you know, we have thousands of traders. 00:01:53:29 - 00:01:56:03 I've seen so many accounts 00:01:56:03 - 00:01:58:24 of exactly as you said it, you know, 00:01:58:24 - 00:01:59:13 you reaching 00:01:59:13 - 00:02:00:11 you almost there, 00:02:00:11 - 00:02:01:22 you almost touching it. 00:02:01:22 - 00:02:03:00 And then all of the sudden 00:02:03:00 - 00:02:04:14 the psychology takes place 00:02:04:14 - 00:02:04:20 and in most cases 00:02:04:20 - 00:02:05:17 and in most cases 00:02:05:17 - 00:02:06:18 you will lose a little bit 00:02:06:18 - 00:02:08:20 until you can recover again. 00:02:08:20 - 00:02:10:00 It's incredible. 00:02:10:00 - 00:02:12:12 It happens for many traders, right? 00:02:12:13 - 00:02:13:22 Many, many traders, it's, 00:02:13:22 - 00:02:13:23 it's also it's called fear of success. 00:02:13:23 - 00:02:16:21 it's also it's called fear of success. 00:02:16:21 - 00:02:19:18 When we're almost there and we already, 00:02:19:18 - 00:02:19:19 see ourself touching that. 00:02:19:19 - 00:02:21:23 see ourself touching that. 00:02:21:23 - 00:02:23:24 But because we have some fear of, 00:02:23:24 - 00:02:24:11 you know, 00:02:24:11 - 00:02:26:13 once you succeed in something, 00:02:26:13 - 00:02:28:29 you always need to keep it up, right? 00:02:28:29 - 00:02:30:15 You always need to be 00:02:30:15 - 00:02:31:23 at the top of your game. 00:02:31:23 - 00:02:34:29 So a lot of us actually got a fear of 00:02:35:14 - 00:02:36:11 doing that 00:02:36:11 - 00:02:37:28 reach that success moment, 00:02:37:28 - 00:02:40:04 because then we will need to continue 00:02:40:04 - 00:02:42:13 to push ourself, 00:02:42:13 - 00:02:43:26 and hold that success. 00:02:43:26 - 00:02:45:16 So interesting. 00:02:45:16 - 00:02:46:09 Very interesting, 00:02:46:09 - 00:02:48:14 the way that the mind works. 00:02:48:14 - 00:02:50:14 Exactly. Unbelievable. 00:02:50:14 - 00:02:52:00 This is why I always say trading 00:02:52:00 - 00:02:55:00 is 90% psychology 10%, 00:02:55:00 - 00:02:56:28 it's strategy and technicals 00:02:57:03 - 00:02:57:14 Yeah. 00:02:57:14 - 00:02:58:05 No doubt. 00:02:58:05 - 00:02:59:14 So let's go. 00:02:59:14 - 00:03:00:25 Let's go and talk a little bit 00:03:00:25 - 00:03:01:14 about that. 00:03:01:14 - 00:03:03:13 The on the technical side right. 00:03:03:13 - 00:03:04:04 What is it 00:03:04:04 - 00:03:06:16 that you are looking for 00:03:06:16 - 00:03:07:23 and what is your approach 00:03:07:23 - 00:03:08:16 to the market? 00:03:08:19 - 00:03:09:21 Well, what I'm looking for 00:03:09:21 - 00:03:12:03 actually this strategy that I have, 00:03:12:03 - 00:03:14:07 it's taken me years to build. 00:03:14:07 - 00:03:16:16 It's actually, scalping. 00:03:16:16 - 00:03:17:05 You can call it 00:03:17:05 - 00:03:18:10 momentum trading as well. 00:03:18:10 - 00:03:19:28 I've tried many strategies before. 00:03:19:28 - 00:03:22:09 I've tried like swing trading. 00:03:22:09 - 00:03:24:14 I've tried holding 00:03:24:14 - 00:03:27:14 longer timeframes, but scalping, 00:03:27:25 - 00:03:28:25 I find it to be 00:03:28:25 - 00:03:31:09 the most effective for me. 00:03:31:09 - 00:03:33:06 So I think that trading 00:03:33:06 - 00:03:34:11 is such a unique journey. 00:03:34:11 - 00:03:35:07 It's it's 00:03:35:07 - 00:03:36:20 kind of like your fingerprint, 00:03:36:20 - 00:03:37:03 you know, 00:03:37:03 - 00:03:38:21 there's 8 billion people in the world 00:03:38:21 - 00:03:40:14 and there's on the one, Michael, like, 00:03:40:14 - 00:03:41:17 there's no one else 00:03:41:17 - 00:03:43:08 that can match your fingerprint. 00:03:43:13 - 00:03:43:19 Yeah. 00:03:43:19 - 00:03:46:08 Trading I find it the same way really. 00:03:46:08 - 00:03:48:01 Like if you talk to each trader 00:03:48:03 - 00:03:48:27 you're going to find out 00:03:48:27 - 00:03:51:04 that they all trade very differently. 00:03:51:06 - 00:03:53:28 Like I truly believe that you have 00:03:53:28 - 00:03:55:29 to eventually carve out 00:03:55:29 - 00:03:57:22 your unique strategy. 00:03:57:22 - 00:03:59:03 This is why I think trading 00:03:59:03 - 00:04:00:04 cannot be taught. 00:04:00:04 - 00:04:01:26 It can only be learned. 00:04:01:26 - 00:04:03:29 You cannot teach this to someone. 00:04:03:29 - 00:04:05:16 You can show that some principles 00:04:05:16 - 00:04:06:02 and whatnot. 00:04:06:02 - 00:04:08:16 But when it comes to really learning, 00:04:08:16 - 00:04:10:03 you can't really do it on your own. 00:04:10:03 - 00:04:11:16 Like this is 00:04:11:16 - 00:04:13:06 the strategy has to be unique to you. 00:04:13:06 - 00:04:16:06 So scalping for me works the best. 00:04:16:06 - 00:04:17:17 Why is that. What. 00:04:17:17 - 00:04:19:00 Why is that the scalping. 00:04:19:00 - 00:04:20:05 Yeah I think because I've had, 00:04:20:05 - 00:04:21:26 Yeah I think because I've had, 00:04:21:28 - 00:04:24:06 I haven't had successes in other 00:04:24:06 - 00:04:25:04 strategies like 00:04:25:08 - 00:04:25:24 in fact, 00:04:25:24 - 00:04:26:05 in the 00:04:26:05 - 00:04:28:26 beginning I had a great success with 00:04:28:26 - 00:04:28:28 I'm not scalping. 00:04:28:28 - 00:04:30:12 Like investing? 00:04:30:12 - 00:04:32:00 Exactly. Yeah. 00:04:32:00 - 00:04:34:11 And then my it was like two days, 00:04:34:11 - 00:04:35:04 two weeks 00:04:35:04 - 00:04:36:06 or maybe even 00:04:36:06 - 00:04:37:22 all the way up to a month. 00:04:37:22 - 00:04:39:07 But it wasn't. 00:04:39:07 - 00:04:41:10 I couldn't find consistency. 00:04:41:10 - 00:04:43:04 So I switched to scalping. 00:04:43:04 - 00:04:44:06 And then 00:04:44:06 - 00:04:44:19 it works 00:04:44:19 - 00:04:46:08 because I think that if you 00:04:46:08 - 00:04:47:28 if you're really good at scalping, 00:04:47:28 - 00:04:49:15 the market presents 00:04:49:15 - 00:04:52:05 amazing opportunities every single day. 00:04:52:07 - 00:04:53:14 If you are a good scalper. 00:04:53:14 - 00:04:55:25 So in terms of the stocks, 00:04:55:25 - 00:04:57:20 like because this is a smaller 00:04:57:20 - 00:04:58:13 size account, 00:04:58:13 - 00:05:00:13 I went with the like penny stocks. 00:05:00:13 - 00:05:01:07 I went with the like penny stocks. 00:05:01:11 - 00:05:03:10 But eventually my goal is to 00:05:03:10 - 00:05:04:23 I'm going to go for the 200k 00:05:04:23 - 00:05:06:02 account as well. 00:05:06:02 - 00:05:07:07 And that for the account 00:05:07:07 - 00:05:08:06 I'm going to have to trade 00:05:08:06 - 00:05:10:00 different stocks like maybe large caps 00:05:10:00 - 00:05:10:23 different stocks like maybe large caps 00:05:10:28 - 00:05:11:27 like Nvidia, 00:05:11:27 - 00:05:15:16 like Tesla or Microsoft or you name it. 00:05:15:24 - 00:05:16:08 But 00:05:16:08 - 00:05:16:10 But 00:05:16:10 - 00:05:17:14 but I also have, short 00:05:17:14 - 00:05:18:12 but I also have, short 00:05:18:12 - 00:05:19:11 bias trade, 00:05:19:11 - 00:05:20:21 meaning that majority 00:05:20:21 - 00:05:22:11 of my trades are shorts. 00:05:22:11 - 00:05:23:14 So 00:05:23:14 - 00:05:24:10 and this is something 00:05:24:10 - 00:05:26:05 that I adopted a while back. 00:05:26:05 - 00:05:27:00 I don't know why. 00:05:27:00 - 00:05:27:19 It's just for me, 00:05:27:19 - 00:05:29:02 it feels psychologically 00:05:29:02 - 00:05:29:04 it feels psychologically 00:05:29:04 - 00:05:31:08 just better to short stocks 00:05:31:08 - 00:05:33:03 because at the end of the day markets 00:05:33:03 - 00:05:35:06 you know the stocks always go down. 00:05:35:06 - 00:05:36:06 Yeah. 00:05:36:06 - 00:05:37:06 In fact there's a famous 00:05:37:06 - 00:05:38:03 saying in Wall Street you know, 00:05:38:03 - 00:05:40:08 they always say when stocks go up 00:05:40:08 - 00:05:41:25 they take the escalator. 00:05:41:25 - 00:05:42:29 But when they come down 00:05:42:29 - 00:05:44:07 they take the elevator. 00:05:44:07 - 00:05:44:09 they take the elevator. 00:05:44:09 - 00:05:44:29 Nice. 00:05:44:29 - 00:05:46:16 Yeah that's a good one. 00:05:46:16 - 00:05:47:21 Which is something true in 00:05:47:21 - 00:05:50:17 especially in the last 4 to 5 days 00:05:50:19 - 00:05:51:24 if you've been paying attention, 00:05:51:24 - 00:05:54:24 if you seen the carnage on the Nasdaq 00:05:54:29 - 00:05:56:26 it's been brutal. 00:05:56:26 - 00:05:57:22 Yeah. 00:05:57:22 - 00:05:58:23 The Nasdaq was it's amazing 00:05:58:23 - 00:05:59:20 The Nasdaq was it's amazing 00:05:59:20 - 00:06:01:29 time to see what the market is doing, 00:06:01:29 - 00:06:03:20 especially as a as a trader. 00:06:03:20 - 00:06:05:05 As a day trader. 00:06:05:05 - 00:06:06:28 Let's dive a little bit deeper 00:06:06:28 - 00:06:07:19 because I know 00:06:07:19 - 00:06:10:03 we have tons of scalpers, 00:06:10:03 - 00:06:12:03 you know, with us or just watching 00:06:12:03 - 00:06:13:00 the videos and, 00:06:13:00 - 00:06:13:09 you know, 00:06:13:09 - 00:06:15:07 looking for that more information. 00:06:15:07 - 00:06:16:15 And when I hear someone 00:06:16:15 - 00:06:17:24 that actually, 00:06:17:24 - 00:06:17:25 managed to do that successfully. 00:06:17:25 - 00:06:19:19 managed to do that successfully. 00:06:19:19 - 00:06:21:15 So what is it 00:06:21:15 - 00:06:22:25 when it comes to scalping, 00:06:22:25 - 00:06:24:07 when you're saying scalping, 00:06:24:07 - 00:06:26:00 what exactly are you looking at? 00:06:26:00 - 00:06:27:16 You looking for patterns 00:06:27:16 - 00:06:30:05 like flags or momentum patterns? 00:06:30:05 - 00:06:31:10 What is it that you, 00:06:31:10 - 00:06:32:20 what is your fine tuning, 00:06:32:20 - 00:06:33:15 let's call it, 00:06:33:15 - 00:06:35:01 or your first and foremost 00:06:35:01 - 00:06:36:23 is the list of stocks, 00:06:36:23 - 00:06:36:24 part of my strategy, 00:06:36:24 - 00:06:37:29 part of my strategy, 00:06:37:29 - 00:06:38:22 or you can call it 00:06:38:22 - 00:06:40:10 the part of the edge is 00:06:40:10 - 00:06:43:04 I tend to trade the same stocks over 00:06:43:04 - 00:06:43:28 and over again. 00:06:44:03 - 00:06:44:20 In fact, I 00:06:44:20 - 00:06:45:24 keep, like a 00:06:45:24 - 00:06:48:15 15 to 20 stocks on my watchlist. 00:06:48:15 - 00:06:49:19 And then, like, 00:06:49:19 - 00:06:50:17 let's say that Monday 00:06:50:17 - 00:06:52:03 when I open up the watchlist. 00:06:52:03 - 00:06:53:00 It's very possible 00:06:53:00 - 00:06:53:15 that I'm going to be 00:06:53:15 - 00:06:54:26 trading the same stocks 00:06:54:26 - 00:06:56:22 throughout the whole week, 00:06:56:22 - 00:06:58:26 because this kind of gives me the edge, 00:06:58:26 - 00:07:00:22 because now I'm more familiar 00:07:00:22 - 00:07:01:20 with how they move, 00:07:01:20 - 00:07:02:19 because believe it or not, 00:07:02:19 - 00:07:04:03 it's like it's kind of different. 00:07:04:03 - 00:07:04:05 it's like it's kind of different. 00:07:04:05 - 00:07:05:09 You know, if you hit some stocks 00:07:05:09 - 00:07:06:12 that actually, 00:07:06:12 - 00:07:06:13 they, they just go straight up 00:07:06:13 - 00:07:08:21 they, they just go straight up 00:07:08:21 - 00:07:10:16 without a significant pullback, 00:07:10:16 - 00:07:10:18 without a significant pullback, 00:07:10:18 - 00:07:10:19 to name a few. 00:07:10:19 - 00:07:11:18 to name a few. 00:07:11:18 - 00:07:12:21 MLGO 00:07:12:21 - 00:07:13:13 is a ticker 00:07:13:13 - 00:07:15:00 that I've traded recently. 00:07:15:00 - 00:07:18:05 this stock went from $4 to $29. 00:07:18:10 - 00:07:20:19 And then another one is GRRR. 00:07:20:19 - 00:07:22:00 what's so typical about this stock, 00:07:22:00 - 00:07:23:11 It just goes straight up 00:07:23:11 - 00:07:25:19 before it crashes back down. 00:07:25:19 - 00:07:28:01 So you gotta know your stocks. 00:07:28:01 - 00:07:29:17 when it comes to trading 00:07:29:17 - 00:07:30:25 and shorting these names. 00:07:30:25 - 00:07:31:25 This is what I do. 00:07:31:25 - 00:07:34:21 I try to keep a list of the same stocks 00:07:34:21 - 00:07:36:13 and then just stick to that, 00:07:36:13 - 00:07:38:27 because it gives more confidence 00:07:38:27 - 00:07:40:13 to go in and trade these stocks. 00:07:40:13 - 00:07:41:05 Because I am 00:07:41:05 - 00:07:43:02 now I've been doing it for so long 00:07:43:02 - 00:07:44:07 that I'm more familiar 00:07:44:07 - 00:07:45:07 with how they move. 00:07:45:07 - 00:07:46:15 So during the day, 00:07:46:15 - 00:07:48:01 what I'm looking for is 00:07:48:01 - 00:07:49:23 like a sudden spike 00:07:49:23 - 00:07:51:08 on any of these names. 00:07:51:08 - 00:07:54:07 It takes quite a bit of patience, but 00:07:54:07 - 00:07:55:06 without patience 00:07:55:06 - 00:07:57:02 you cannot make it in this game. 00:07:57:02 - 00:07:57:26 Really, 00:07:57:26 - 00:07:59:13 I remember, like days, 00:07:59:13 - 00:08:00:18 that in front of the computer, 00:08:00:18 - 00:08:02:11 I could spenf at least two hours 00:08:02:11 - 00:08:03:28 without taking any trades. 00:08:03:28 - 00:08:04:24 But I don't move 00:08:04:24 - 00:08:06:02 like I don't go anywhere. 00:08:06:02 - 00:08:07:15 I don't look at my cell phone, 00:08:07:15 - 00:08:08:06 I don't check anything. 00:08:08:06 - 00:08:09:03 I'm just laser 00:08:09:03 - 00:08:11:23 focus on the market, laser focus on my. 00:08:11:23 - 00:08:12:19 Watchlist. 00:08:12:19 - 00:08:15:17 And I'm waiting for that huge spike 00:08:15:17 - 00:08:17:28 so that I can start shorting. 00:08:17:28 - 00:08:18:16 So. 00:08:18:16 - 00:08:19:26 I would say 00:08:19:26 - 00:08:20:19 any given day 00:08:20:19 - 00:08:21:16 you have about 5 00:08:21:16 - 00:08:23:21 to 10 opportunities a day. 00:08:23:21 - 00:08:25:04 And then if we can capitalize 00:08:25:04 - 00:08:26:17 even half of them. 00:08:26:17 - 00:08:27:08 It’s great. 00:08:27:08 - 00:08:28:18 If you look at my data, 00:08:28:18 - 00:08:29:18 you will see that my win 00:08:29:18 - 00:08:31:15 rate is pretty high. 00:08:31:15 - 00:08:33:19 That's close to 70%. 00:08:33:19 - 00:08:34:11 In fact, 00:08:34:11 - 00:08:35:07 it's really funny 00:08:35:07 - 00:08:38:11 because my win rate is actually 80%. 00:08:38:20 - 00:08:40:18 But then during this challenge, 00:08:40:18 - 00:08:41:15 I made, more gains than 00:08:41:15 - 00:08:42:18 I made, more gains than 00:08:42:20 - 00:08:43:21 1500. 00:08:43:21 - 00:08:46:03 But some of the stocks, 00:08:46:03 - 00:08:47:24 the trades were canceled 00:08:47:24 - 00:08:49:10 because of the one minute rule 00:08:49:10 - 00:08:51:12 and because of the ten central. 00:08:51:12 - 00:08:52:21 Yeah, yeah. 00:08:52:21 - 00:08:52:23 Yeah, yeah. 00:08:52:23 - 00:08:53:25 So this is 00:08:53:25 - 00:08:55:19 we are looking at your dashboard 00:08:55:19 - 00:08:56:13 right now. Yeah. 00:08:56:13 - 00:08:57:18 For those of you 00:08:57:18 - 00:08:58:11 who are not familiar, 00:08:58:11 - 00:09:00:14 every trader gets his own dashboard 00:09:00:14 - 00:09:01:21 and you can track your stats. 00:09:01:21 - 00:09:02:29 And of course see the progress 00:09:02:29 - 00:09:03:25 and everything. 00:09:03:25 - 00:09:04:19 You know, the dark 00:09:04:19 - 00:09:06:27 mode mode, the light mode. 00:09:06:27 - 00:09:07:20 So this is it. 00:09:07:20 - 00:09:09:21 Basically the flex 25K 00:09:09:21 - 00:09:12:12 So it's $25,000 of buying power 00:09:12:12 - 00:09:13:22 you trading with. 00:09:13:22 - 00:09:16:28 And it's a flex meaning it's flexible. 00:09:16:28 - 00:09:20:04 No time limit on your evaluation. 00:09:20:04 - 00:09:21:29 You can basically take your time 00:09:21:29 - 00:09:23:22 until you reach the target. 00:09:23:22 - 00:09:24:15 The target is 6%. 00:09:24:15 - 00:09:25:04 The target is 6%. 00:09:25:04 - 00:09:25:17 So it's 1500 max loss daily pause. 00:09:25:17 - 00:09:28:16 So it's 1500 max loss daily pause. 00:09:28:16 - 00:09:29:29 And this is basically the chart. 00:09:29:29 - 00:09:31:01 And as you mentioned, 00:09:31:01 - 00:09:31:13 I it's, 69% success rate, which is, 00:09:31:13 - 00:09:33:27 I it's, 69% success rate, which is, 00:09:34:11 - 00:09:34:12 very good with, very low risk 00:09:34:12 - 00:09:35:29 very good with, very low risk 00:09:35:29 - 00:09:37:04 very good with, very low risk 00:09:37:04 - 00:09:38:20 reward ratio. I gotta say. 00:09:38:25 - 00:09:39:24 But I say 00:09:39:24 - 00:09:41:04 that often when it 00:09:41:04 - 00:09:43:18 comes to guys that doing scalping 00:09:43:18 - 00:09:45:11 because they have higher success 00:09:45:11 - 00:09:47:22 rate and lower, risk reward. 00:09:47:24 - 00:09:50:28 And you managed to do all, everything, 00:09:50:28 - 00:09:51:20 that needed 00:09:51:20 - 00:09:53:12 to reach all the objectives. 00:09:53:12 - 00:09:54:15 And as you said, 00:09:54:15 - 00:09:55:29 you are most mostly, short biased, 00:09:55:29 - 00:09:57:09 you are most mostly, short biased, 00:09:57:10 - 00:09:58:15 trader. Right? 00:09:58:15 - 00:09:58:29 Yes. 00:09:58:29 - 00:10:01:27 Except maybe 3 or 4 buy 00:10:01:27 - 00:10:03:01 like a long trade. 00:10:03:01 - 00:10:05:21 Other than that, you're shorting them. 00:10:05:21 - 00:10:05:26 Yeah. 00:10:05:26 - 00:10:07:25 Small gains, but, fast. 00:10:07:25 - 00:10:08:16 Small gains, but, fast. 00:10:08:16 - 00:10:08:17 And pretty much consistency. 00:10:08:17 - 00:10:10:15 And pretty much consistency. 00:10:10:21 - 00:10:11:17 Yeah. Yes. 00:10:11:17 - 00:10:12:24 You're not going to have like, 00:10:12:24 - 00:10:14:01 those gigantic gains, 00:10:14:01 - 00:10:16:13 but those small gains add up. 00:10:16:13 - 00:10:18:20 So you got to keep your win rate 00:10:18:20 - 00:10:19:14 really high. 00:10:19:14 - 00:10:22:06 it's actually close to 80%. 00:10:22:06 - 00:10:23:21 But like I said some of 00:10:23:21 - 00:10:25:11 the tradeshave beem canceled, So 00:10:25:16 - 00:10:26:14 yeah, for the 00:10:26:14 - 00:10:26:27 one one minute rule, the 60s and 00:10:26:27 - 00:10:29:06 one one minute rule, the 60s and 00:10:29:06 - 00:10:30:09 $0.10, 00:10:30:09 - 00:10:30:10 this is your certificate, 00:10:30:10 - 00:10:31:20 this is your certificate, 00:10:31:20 - 00:10:33:06 of course, under achievements. 00:10:33:06 - 00:10:34:07 Each trader gets his certificate. 00:10:34:07 - 00:10:35:00 Each trader gets his certificate. 00:10:35:00 - 00:10:36:18 You can all share it 00:10:36:18 - 00:10:37:03 on, on social media. 00:10:37:03 - 00:10:38:11 on, on social media. 00:10:38:11 - 00:10:39:25 And we have a large, 00:10:39:25 - 00:10:42:00 discord group as well. 00:10:42:00 - 00:10:44:14 And, you know, let's continue 00:10:44:14 - 00:10:45:12 to talk about scalping 00:10:45:12 - 00:10:46:09 because I know the guys that 00:10:46:09 - 00:10:46:26 listening right 00:10:46:26 - 00:10:47:05 now, 00:10:47:05 - 00:10:48:12 really want to ask 00:10:48:12 - 00:10:49:18 some questions about it. 00:10:49:18 - 00:10:52:18 So I try to nail the questions. 00:10:52:26 - 00:10:54:29 So scalping, high success rates, 00:10:54:29 - 00:10:56:13 So scalping, high success rates, 00:10:56:14 - 00:10:58:22 you know, lower risk reward 00:10:58:22 - 00:11:01:22 doing it in very consist way. 00:11:02:03 - 00:11:02:17 What, what about the stocks? 00:11:02:17 - 00:11:03:14 What, what about the stocks? 00:11:03:14 - 00:11:04:17 You mentioned that you find 00:11:04:17 - 00:11:05:03 that you need 00:11:05:03 - 00:11:07:08 to have the right stocks to trade on. 00:11:07:08 - 00:11:08:15 Right. How do you find them? 00:11:08:15 - 00:11:10:24 What are you looking for exactly? 00:11:10:24 - 00:11:11:23 You need to find, 00:11:11:23 - 00:11:12:11 You need to find, 00:11:12:11 - 00:11:13:13 not the right stocks, 00:11:13:13 - 00:11:15:10 but the fimilar stocks. 00:11:15:10 - 00:11:16:20 You have to build your own nest. 00:11:16:20 - 00:11:18:13 And my suggestion would be 00:11:18:13 - 00:11:20:21 get a list of stocks and then 00:11:20:26 - 00:11:22:15 trade them over and over again, 00:11:22:15 - 00:11:22:17 trade them over and over again, 00:11:22:17 - 00:11:24:12 like if you are going to trade, 00:11:24:12 - 00:11:25:10 because I've done 00:11:25:10 - 00:11:27:17 most of the small caps in this one 00:11:27:17 - 00:11:29:09 because of the accont size. Yeah. 00:11:29:09 - 00:11:29:21 But 00:11:29:21 - 00:11:29:22 But 00:11:29:22 - 00:11:31:13 there are stocks within there that like 00:11:31:13 - 00:11:33:03 if I traded a stock on Monday, it's 00:11:33:03 - 00:11:33:22 very possible 00:11:33:22 - 00:11:35:16 that I traded the same stock on either 00:11:35:16 - 00:11:38:04 Wednesday and Thursday as well. 00:11:38:04 - 00:11:38:16 So, 00:11:38:16 - 00:11:38:18 So, 00:11:38:18 - 00:11:39:00 like, this just part of the strategy 00:11:39:00 - 00:11:40:18 like, this just part of the strategy 00:11:40:18 - 00:11:41:29 that I follow. 00:11:41:29 - 00:11:43:13 And then from time to time, 00:11:43:13 - 00:11:46:14 I add new stocks to the list because, 00:11:46:14 - 00:11:46:15 I always watch the pre-market action. 00:11:46:15 - 00:11:48:23 I always watch the pre-market action. 00:11:48:28 - 00:11:50:07 And it's extremely important 00:11:50:07 - 00:11:51:29 that you have to prepare 00:11:51:29 - 00:11:53:07 and you have to do your preparation. 00:11:53:07 - 00:11:54:13 I would say 00:11:54:13 - 00:11:55:22 if you are an experienced trader 00:11:55:22 - 00:11:57:27 one hour before market opens, 00:11:57:27 - 00:12:00:05 you should do it. Yeah. 00:12:00:05 - 00:12:00:27 I also 00:12:00:27 - 00:12:03:12 suggest traders to avoid pre-market 00:12:03:12 - 00:12:04:16 trading because, 00:12:04:16 - 00:12:04:17 volume is extremely thin 00:12:04:17 - 00:12:06:01 volume is extremely thin 00:12:06:06 - 00:12:07:13 and the best would be just 00:12:07:13 - 00:12:09:12 wait until the open and then 00:12:09:14 - 00:12:10:12 start trading. 00:12:10:12 - 00:12:12:29 So. And here's interesting Michael. 00:12:12:29 - 00:12:13:07 Yeah. 00:12:13:07 - 00:12:15:05 My win rate is close to 80% 00:12:15:05 - 00:12:18:20 but it's all it from 9:30 until 13:30 00:12:18:24 - 00:12:19:20 after 13:30 00:12:19:20 - 00:12:21:07 If I keep trading 00:12:21:07 - 00:12:23:28 my win rate plummets to 20%. 00:12:23:28 - 00:12:25:15 Wow. Exactly. 00:12:25:15 - 00:12:28:08 So I use feel like I try so hard 00:12:28:08 - 00:12:29:24 to fix this problem. 00:12:29:24 - 00:12:30:28 How many days 00:12:30:28 - 00:12:32:03 I can I even tell you 00:12:32:03 - 00:12:33:15 I made gains in the morning, 00:12:33:15 - 00:12:35:18 gave them all up in the afternoon. 00:12:35:20 - 00:12:37:15 So it's a golden rule. 00:12:37:15 - 00:12:40:14 I established a rule which was I'm 00:12:40:14 - 00:12:42:03 not gonna trade after 13:30, 00:12:42:05 - 00:12:45:07 but that's super important because then 00:12:45:07 - 00:12:46:01 those rules 00:12:46:01 - 00:12:47:27 will actually define at the end 00:12:47:27 - 00:12:49:29 if you will become profitable. 00:12:49:29 - 00:12:51:24 And if you if you can push yourself 00:12:51:24 - 00:12:53:11 more because, 00:12:53:11 - 00:12:54:23 understanding your data, 00:12:54:23 - 00:12:55:17 as you mentioned, 00:12:55:17 - 00:12:56:03 you know, 00:12:56:03 - 00:12:57:18 you're tracking your data and, 00:12:57:18 - 00:13:01:11 and really finding that when the market 00:13:01:17 - 00:13:04:15 maybe, you know, it's a lunch break 00:13:04:15 - 00:13:06:24 or whatever it is that causes it. 00:13:06:24 - 00:13:07:20 At the end of the day, 00:13:07:20 - 00:13:08:17 if you see that you're 00:13:08:17 - 00:13:12:06 not working properly at some hours or, 00:13:12:19 - 00:13:13:19 different stocks 00:13:13:19 - 00:13:14:27 or different times of day, 00:13:14:27 - 00:13:15:27 whatever, 00:13:15:27 - 00:13:18:00 then this is your moment to say, 00:13:18:00 - 00:13:19:05 you know what? I'm done. 00:13:19:05 - 00:13:19:12 you know what? I'm done. 00:13:19:12 - 00:13:20:03 I'm out. 00:13:20:03 - 00:13:21:24 Let me close the computer 00:13:21:24 - 00:13:22:25 and that's it. 00:13:22:25 - 00:13:23:11 So, tracking that 00:13:23:11 - 00:13:24:07 So, tracking that 00:13:24:07 - 00:13:26:01 and then getting that, some rule 00:13:26:01 - 00:13:26:25 and then getting that thumb rule 00:13:26:25 - 00:13:27:29 when you're saying I'm 00:13:27:29 - 00:13:30:04 not trading more than two hours 00:13:30:04 - 00:13:31:18 a day, for example, 00:13:31:18 - 00:13:34:19 that will definitely reduce the, 00:13:34:19 - 00:13:35:27 the losses 00:13:35:27 - 00:13:38:27 and eventually bring your profits. 00:13:38:28 - 00:13:39:17 So that's, super important. 00:13:39:17 - 00:13:40:26 So that's super important. 00:13:40:26 - 00:13:41:05 And, 00:13:41:05 - 00:13:42:29 let me ask you, Mustafa, about the, 00:13:42:29 - 00:13:44:27 the watchlist that you mentioned. 00:13:45:02 - 00:13:45:19 You know, 00:13:45:19 - 00:13:46:28 you find those stocks, 00:13:46:28 - 00:13:48:06 are you looking for 00:13:48:06 - 00:13:48:23 also, fundamentals 00:13:48:23 - 00:13:50:07 also fundamentals? 00:13:50:07 - 00:13:51:21 Regarding those stocks? 00:13:51:21 - 00:13:54:14 Or are you only looking for technicals? 00:13:54:14 - 00:13:55:12 Only technicals. 00:13:55:12 - 00:13:56:04 Fundamental side, 00:13:56:04 - 00:13:57:12 You got to get the story right, 00:13:57:12 - 00:13:58:02 for example, like if I see something, 00:13:58:02 - 00:13:59:17 for example, like if I see something, 00:13:59:25 - 00:14:02:02 spiking 90% pre-market, 00:14:02:02 - 00:14:03:22 you gotta know what's going on. 00:14:03:22 - 00:14:04:22 But you got to get the 00:14:04:22 - 00:14:05:16 fundamentals right. 00:14:05:16 - 00:14:06:16 Because why is this stock 00:14:06:16 - 00:14:08:14 spiking so high today? 00:14:08:14 - 00:14:10:11 You got to do your 00:14:10:11 - 00:14:11:25 research and understand 00:14:11:25 - 00:14:13:02 what's causing it 00:14:13:02 - 00:14:14:07 and then determine 00:14:14:07 - 00:14:16:23 if it's overdone or there is more room, 00:14:16:23 - 00:14:17:25 like this stock could run. 00:14:17:25 - 00:14:18:24 And then you got to 00:14:18:24 - 00:14:19:16 take a 00:14:19:16 - 00:14:21:16 look at the five year chart as well. 00:14:21:18 - 00:14:23:27 Sometimes there is no news 00:14:23:27 - 00:14:25:26 when spike is up 100%. 00:14:25:26 - 00:14:27:02 There's no news. 00:14:27:02 - 00:14:29:01 It's probably short covering. 00:14:29:06 - 00:14:29:20 So 00:14:29:20 - 00:14:29:22 So 00:14:29:22 - 00:14:31:00 you gotta do the fundamentals. 00:14:31:00 - 00:14:32:01 But once you add them 00:14:32:01 - 00:14:33:07 to your watch list, for example, 00:14:33:07 - 00:14:35:25 I always look for if I see a stock, 00:14:35:25 - 00:14:37:08 that spikes on the first day 00:14:37:08 - 00:14:39:12 100% - 200%. 00:14:39:12 - 00:14:41:00 I always keep it on the list 00:14:41:00 - 00:14:43:08 for the continuation of the trade, 00:14:43:08 - 00:14:44:03 meaning that 00:14:44:03 - 00:14:46:10 I always look for the first red day 00:14:46:10 - 00:14:49:01 because these are great days to short. 00:14:49:03 - 00:14:51:13 But that's also a great tip. 00:14:51:13 - 00:14:55:01 So basically looking for those pops 00:14:55:01 - 00:14:58:01 and then once you see the the red day, 00:14:58:05 - 00:14:58:16 you know, 00:14:58:16 - 00:15:00:04 this is your moment to start that 00:15:00:04 - 00:15:02:01 tackling it. Exactly. 00:15:02:01 - 00:15:02:22 Nice. 00:15:02:22 - 00:15:05:13 And are you using any indicators? 00:15:05:13 - 00:15:06:25 to understand where is... 00:15:06:25 - 00:15:07:21 Support and resistance 00:15:07:21 - 00:15:10:11 is the only thing I use because 00:15:10:11 - 00:15:13:02 because for me it doesn't work. 00:15:13:02 - 00:15:14:13 Like I don't see the point 00:15:14:13 - 00:15:17:08 of using Fibonacci retracement or MACD 00:15:17:08 - 00:15:18:12 or MAC. 00:15:18:12 - 00:15:19:22 All these moving averages. 00:15:19:22 - 00:15:20:11 To me 00:15:20:11 - 00:15:22:00 it doesn't make sense. 00:15:22:00 - 00:15:23:16 For me, It's all about price action. 00:15:23:21 - 00:15:25:04 In fact, I don't spend that much time 00:15:25:04 - 00:15:26:16 looking at the chart either 00:15:26:16 - 00:15:27:14 I'm good. 00:15:27:14 - 00:15:27:28 Just on the movements in the side, 00:15:27:28 - 00:15:28:16 Just on the movements in the side, 00:15:28:16 - 00:15:29:17 Just on the movements in the stock, 00:15:29:18 - 00:15:31:14 the difference between the price. 00:15:31:14 - 00:15:32:29 It’s all about price action. 00:15:32:29 - 00:15:34:04 Support and resistance 00:15:34:04 - 00:15:37:02 is the only thing I use for technicals. 00:15:37:02 - 00:15:37:08 Yeah. 00:15:37:08 - 00:15:37:28 And then mid mornings, breakouts. 00:15:37:28 - 00:15:40:02 And then mid mornings breakouts. 00:15:40:02 - 00:15:40:26 There's another thing 00:15:40:26 - 00:15:42:20 that you have to be mindful of, 00:15:42:20 - 00:15:44:29 especially around 11:00, 11:30. 00:15:44:29 - 00:15:46:08 You have this very huge, 00:15:46:08 - 00:15:48:11 vicious spikes like a... 00:15:48:11 - 00:15:49:13 So when 00:15:49:13 - 00:15:50:13 you're going to short the sun, 00:15:50:13 - 00:15:52:15 you got to be extremely mindful of this 00:15:52:15 - 00:15:53:18 because some of these penny 00:15:53:18 - 00:15:54:23 stocks do this. 00:15:54:23 - 00:15:56:10 So you're going to be prepared. 00:15:56:10 - 00:15:57:29 So it's not just the technicals 00:15:57:29 - 00:15:59:08 but it's also you have to 00:15:59:08 - 00:16:01:04 take into consideration the 00:16:01:04 - 00:16:04:04 the time of the day like 9:30 at the open. 00:16:04:06 - 00:16:05:08 The 30 minute 00:16:05:08 - 00:16:07:08 window is very different 00:16:07:08 - 00:16:09:11 than 11:30 to 13:00. 00:16:09:11 - 00:16:11:12 So all these timeframes 00:16:11:12 - 00:16:13:17 that these stocks trade differently. 00:16:13:17 - 00:16:14:29 And then of course 00:16:14:29 - 00:16:16:21 years of experience you have, 00:16:16:21 - 00:16:16:23 years of experience you have, 00:16:16:23 - 00:16:18:06 you have you really gained 00:16:18:06 - 00:16:20:05 this kind of sort of an intuition. 00:16:20:05 - 00:16:22:08 And then to know how these stocks 00:16:22:08 - 00:16:24:04 are going to move in, in 00:16:24:04 - 00:16:25:19 depending on the time of the day. 00:16:25:19 - 00:16:28:19 This is why I can never figure out the 00:16:28:26 - 00:16:30:04 afternoon session like 00:16:30:09 - 00:16:31:06 there is no way. 00:16:31:06 - 00:16:32:26 And in fact I have just given up, 00:16:32:26 - 00:16:33:23 which is okay, 00:16:33:23 - 00:16:35:10 I don't have to trade the whole day, 00:16:35:10 - 00:16:36:20 I don't want to look at the charts. 00:16:36:20 - 00:16:37:12 I don't want to trade. 00:16:37:12 - 00:16:39:25 After 13:30 period. 00:16:39:25 - 00:16:40:28 Nice. 00:16:40:28 - 00:16:43:03 And you mentioned the intuition. 00:16:43:03 - 00:16:43:17 How long 00:16:43:17 - 00:16:44:20 does it take to, to find that or, 00:16:44:20 - 00:16:46:02 does it take to, to find that? Or 00:16:46:06 - 00:16:46:22 you know, 00:16:46:22 - 00:16:48:01 build that intuition 00:16:48:01 - 00:16:49:06 when you actually looking 00:16:49:06 - 00:16:49:22 at the chart? 00:16:49:22 - 00:16:52:00 you feel it in your gut. Right? 00:16:52:00 - 00:16:52:14 I would say 00:16:52:14 - 00:16:53:15 it depends on the person, 00:16:53:15 - 00:16:53:27 of course, 00:16:53:27 - 00:16:54:28 but at least 00:16:54:28 - 00:16:55:29 it's going to take your course 00:16:55:29 - 00:16:57:14 five years. 00:16:57:14 - 00:17:00:14 Well, I think that any anyone that starts new 00:17:00:14 - 00:17:01:04 it’s going to take them 00:17:01:04 - 00:17:03:20 five years minimum just to break even. 00:17:03:25 - 00:17:05:09 It's going to take another five years 00:17:05:09 - 00:17:06:27 to actually become 00:17:06:27 - 00:17:09:08 a consistent, profitable trader. 00:17:09:08 - 00:17:09:17 Yeah. 00:17:09:17 - 00:17:10:14 You're not going to do this 00:17:10:14 - 00:17:11:13 in two years. 00:17:11:13 - 00:17:12:16 If you think you are going to do this 00:17:12:16 - 00:17:15:10 in half a month or two years, 00:17:15:10 - 00:17:16:22 you're in for a big surprise. 00:17:16:22 - 00:17:17:11 My friend. 00:17:17:11 - 00:17:17:13 My friend. 00:17:17:13 - 00:17:19:25 I don't see I got to say, and this is 00:17:19:25 - 00:17:21:02 because you've been in the game 00:17:21:02 - 00:17:22:02 for a long time 00:17:22:02 - 00:17:24:00 and yes, myself as well. 00:17:24:00 - 00:17:26:10 So so we kind of used to 00:17:26:10 - 00:17:27:28 the regular trading 00:17:27:28 - 00:17:29:15 with the broker and everything. 00:17:29:15 - 00:17:32:00 But I do see and that's incredible 00:17:32:00 - 00:17:33:25 guys that have been trading with us, 00:17:33:25 - 00:17:34:04 not not on their broker 00:17:34:04 - 00:17:35:05 not not on their broker 00:17:35:05 - 00:17:37:15 that actually making making 00:17:37:15 - 00:17:38:05 a profit 00:17:38:05 - 00:17:39:20 after even six months 00:17:39:20 - 00:17:40:18 of being in the game. 00:17:40:18 - 00:17:41:28 And this is something 00:17:41:28 - 00:17:45:21 very unique and and really mind blowing 00:17:46:08 - 00:17:47:13 to see trade off is that 00:17:47:18 - 00:17:49:14 don't have a lot of experience. 00:17:49:14 - 00:17:50:28 But because of the boundaries 00:17:50:28 - 00:17:51:20 But because of the boundaries 00:17:51:20 - 00:17:53:15 the risk boundary is right. 00:17:53:15 - 00:17:55:27 Then it's management around it 00:17:55:27 - 00:17:58:03 and enough buying power to trade with 00:17:58:03 - 00:17:59:27 they can actually make it. 00:17:59:27 - 00:18:01:08 What do you feel about that? 00:18:01:08 - 00:18:01:10 What do you feel about that. 00:18:01:10 - 00:18:01:21 Well they can make it. 00:18:01:21 - 00:18:02:14 Well they can make it. 00:18:02:14 - 00:18:04:18 But the the point is not to make it. 00:18:04:18 - 00:18:07:06 The point is to stay in the game. 00:18:07:06 - 00:18:08:01 You know, passing 00:18:08:01 - 00:18:08:23 the challenge 00:18:08:23 - 00:18:10:12 doesn't really matter that much. 00:18:10:12 - 00:18:12:20 What matters is can you keep it? 00:18:12:20 - 00:18:14:13 Can you keep the consistency 00:18:14:13 - 00:18:15:15 once you 00:18:15:15 - 00:18:16:14 let's face it, trading 00:18:16:14 - 00:18:18:15 we all know is extremely difficult. 00:18:18:15 - 00:18:19:07 Yeah. 00:18:19:07 - 00:18:20:10 Prop firms 00:18:20:10 - 00:18:21:19 even more difficult 00:18:21:19 - 00:18:22:28 passing the challenges 00:18:22:28 - 00:18:23:27 with these platforms 00:18:23:27 - 00:18:24:21 even more difficult 00:18:24:21 - 00:18:26:20 because there are very strict rules 00:18:26:20 - 00:18:29:06 which are actually great for traders, 00:18:29:06 - 00:18:30:06 especially the maximum 00:18:30:06 - 00:18:32:10 daily loss limit rule, 00:18:32:10 - 00:18:33:07 which is the best thing 00:18:33:07 - 00:18:34:27 that's ever happened. 00:18:34:27 - 00:18:37:18 And then but, you know, 00:18:37:18 - 00:18:38:12 all this trade traders, 00:18:38:12 - 00:18:40:04 like if you had six months of trading, 00:18:40:04 - 00:18:41:16 you would pass a challenge. 00:18:41:16 - 00:18:43:22 I want to know if the same traders 00:18:43:22 - 00:18:44:23 still trade 00:18:44:23 - 00:18:44:25 still trade 00:18:44:25 - 00:18:47:10 that funded account after six months, 00:18:47:10 - 00:18:48:00 that's 00:18:48:00 - 00:18:48:18 that's something 00:18:48:18 - 00:18:49:20 that I would be interested in. 00:18:49:20 - 00:18:52:14 Not I'm not interested in a trader 00:18:52:14 - 00:18:53:28 who who's been trading 00:18:53:28 - 00:18:55:08 for less than a year 00:18:55:08 - 00:18:57:16 and in the second attempt passes 00:18:57:16 - 00:18:59:01 the evaluation 00:18:59:01 - 00:19:01:02 and then start trading a funded account. 00:19:01:02 - 00:19:03:07 I want to see one year 00:19:03:07 - 00:19:04:22 after he passes evaluation, 00:19:04:22 - 00:19:06:11 is he still trading the same account? 00:19:06:16 - 00:19:08:03 That's what I want to see. 00:19:08:03 - 00:19:10:19 This is a very good question. 00:19:10:19 - 00:19:11:26 And you know obviously 00:19:11:26 - 00:19:13:03 we are tracking the data. 00:19:13:03 - 00:19:14:16 We do have guys like 00:19:14:16 - 00:19:14:18 We do have guys like 00:19:14:18 - 00:19:16:23 you said to me earlier that you watched 00:19:16:23 - 00:19:17:23 many of the videos, 00:19:17:23 - 00:19:19:19 the funded videos, for example. Megan. 00:19:19:20 - 00:19:20:03 Morgan. 00:19:20:03 - 00:19:21:19 one of our funded traders, 00:19:21:19 - 00:19:23:15 she's been with us for, 00:19:23:15 - 00:19:26:07 I'm guessing a year and a half now 00:19:26:07 - 00:19:28:02 and. Yeah, she's been killing it. 00:19:28:02 - 00:19:28:23 Amazing. 00:19:28:23 - 00:19:29:22 Amazing to see that 00:19:29:22 - 00:19:30:19 on the first interview, 00:19:30:19 - 00:19:31:23 she told me, 00:19:31:23 - 00:19:31:24 she's been trading for six month, and. 00:19:31:24 - 00:19:34:13 she's been trading for six month, and. 00:19:34:13 - 00:19:36:23 Oh my God. Oh, yeah. So. 00:19:36:23 - 00:19:37:19 And she's still running with it. 00:19:37:19 - 00:19:38:07 And she's still running with it. 00:19:38:07 - 00:19:40:27 That's incredible to see. 00:19:40:27 - 00:19:43:01 Very rare. Extremely rare. And 00:19:43:06 - 00:19:45:19 all the all the power to her. 00:19:45:19 - 00:19:47:07 Very, very good, very good. 00:19:47:07 - 00:19:49:00 I'm it's extremely difficult 00:19:49:00 - 00:19:51:02 to pull off, you know, no doubt. 00:19:51:02 - 00:19:51:24 No doubt. 00:19:51:24 - 00:19:52:06 And, you know, so 00:19:52:06 - 00:19:53:00 And, you know, so 00:19:53:00 - 00:19:54:10 you've been around for, for a while. 00:19:54:10 - 00:19:55:05 you've been around for, for a while. 00:19:55:05 - 00:19:55:25 Have you seen. 00:19:55:25 - 00:19:56:20 Let's talk a little bit 00:19:56:20 - 00:19:58:12 maybe about the market today. 00:19:58:12 - 00:19:59:09 You know, 00:19:59:09 - 00:20:00:02 have you seen 00:20:00:02 - 00:20:01:20 a market like this before, 00:20:01:20 - 00:20:02:08 like on, corona time, the Covid? 00:20:02:08 - 00:20:04:11 like on, Corona time, the Covid? 00:20:04:14 - 00:20:06:12 Maybe 2008. 00:20:06:12 - 00:20:07:04 No I haven't. 00:20:07:04 - 00:20:07:19 In fact, 00:20:07:19 - 00:20:08:24 I started trading, part time in 2010. 00:20:08:24 - 00:20:10:13 I started trading, part time in 2010. 00:20:10:18 - 00:20:11:10 And I did that, 00:20:11:10 - 00:20:12:27 part time for two years. 00:20:12:27 - 00:20:13:14 In fact, 00:20:13:14 - 00:20:15:21 at the time, I was even in China. 00:20:15:21 - 00:20:18:09 So if you live in Asia, it's very it's 00:20:18:09 - 00:20:18:25 very easy 00:20:18:25 - 00:20:20:02 to trade the US markets 00:20:20:02 - 00:20:22:21 because Market open at 9:30 p.m.. 00:20:22:21 - 00:20:23:01 So if you work during the day 00:20:23:01 - 00:20:24:08 So if you work during the day 00:20:24:08 - 00:20:25:27 and try to learn day trading, 00:20:25:27 - 00:20:27:02 it's a great place to be 00:20:27:02 - 00:20:29:01 because you can still do your job 00:20:29:01 - 00:20:30:29 and learn day trade at the same time. 00:20:30:29 - 00:20:32:20 So I said, as a part time, 00:20:32:20 - 00:20:34:29 I'm about 2013 or so. 00:20:34:29 - 00:20:36:00 I became full time 00:20:36:00 - 00:20:37:23 because it was too much working 00:20:37:23 - 00:20:38:17 during the day. 00:20:38:17 - 00:20:39:18 Coming home, 00:20:39:18 - 00:20:39:19 sit down in front of the computer 00:20:39:19 - 00:20:41:01 sit down in front of the computer 00:20:41:01 - 00:20:42:19 and trade until 3:00. 00:20:42:24 - 00:20:43:27 So I had to make a 00:20:43:27 - 00:20:45:25 decision, and I wanted to be in trading 00:20:45:25 - 00:20:46:17 full time. 00:20:46:17 - 00:20:46:19 full time. 00:20:46:19 - 00:20:48:01 I've never seen anything like this 00:20:48:01 - 00:20:49:02 in the last three days 00:20:49:02 - 00:20:52:02 that the Nasdaq dropped, like 15%. 00:20:52:06 - 00:20:52:17 Yeah. 00:20:52:17 - 00:20:52:19 Yeah. 00:20:52:19 - 00:20:53:29 The all the time I saw was 00:20:53:29 - 00:20:55:19 it wasn't that close. 00:20:55:19 - 00:20:56:15 During Covid, 00:20:56:15 - 00:20:56:17 During Covid, 00:20:56:17 - 00:20:56:18 I saw one time 00:20:56:18 - 00:20:57:24 I saw one time 00:20:57:24 - 00:21:00:06 the circuit breakers, 00:21:00:08 - 00:21:01:12 you know, 00:21:01:12 - 00:21:03:08 you you have all the circuit breakers 00:21:03:08 - 00:21:04:15 for individual stocks. 00:21:04:15 - 00:21:05:19 If the stock moves 00:21:05:19 - 00:21:07:02 10% up and down 00:21:07:02 - 00:21:07:18 within 00:21:07:18 - 00:21:08:15 less than two minutes, 00:21:08:15 - 00:21:10:25 the Nasdaq halts trading, right. 00:21:10:25 - 00:21:12:15 The trading gets halted. 00:21:12:15 - 00:21:12:22 Yeah. 00:21:12:22 - 00:21:14:09 This happens to individual stocks. 00:21:14:09 - 00:21:16:04 But I had never seen this happen 00:21:16:04 - 00:21:17:24 to the entire market 00:21:17:24 - 00:21:17:26 to the entire market 00:21:17:26 - 00:21:18:24 like during Covid time 00:21:18:24 - 00:21:20:15 if you remember for ten minutes 00:21:20:15 - 00:21:23:13 S&P was halted. 00:21:23:13 - 00:21:26:04 Nasdaq was halted for like ten minutes 00:21:26:04 - 00:21:27:12 because the markets 00:21:27:12 - 00:21:29:28 the rule is if it's 7% rule 00:21:29:28 - 00:21:32:28 up and down, if the market moves 7%, 00:21:33:06 - 00:21:33:25 they will halt. 00:21:34:00 - 00:21:34:06 But, 00:21:34:06 - 00:21:37:17 I, I think you mentioned, 2010, 00:21:37:28 - 00:21:39:03 if I'm not mistaken, 00:21:39:03 - 00:21:41:08 in, in May 2010, 00:21:41:08 - 00:21:43:03 we had the flash crash. 00:21:43:03 - 00:21:44:18 Yes. The glitch. 00:21:44:18 - 00:21:45:19 Yes. Yeah. 00:21:45:19 - 00:21:46:13 Yeah, 00:21:46:13 - 00:21:47:18 it was a crazy 00:21:47:18 - 00:21:48:15 I remember I'm 00:21:48:15 - 00:21:49:25 sitting in front of a computer 00:21:49:25 - 00:21:50:25 watching Apple 00:21:50:25 - 00:21:52:19 and Spy and all of a sudden 00:21:52:19 - 00:21:52:21 and Spy and all of this started 00:21:52:21 - 00:21:54:27 one big move to the downside. 00:21:54:27 - 00:21:56:05 It was crazy. 00:21:56:05 - 00:21:57:00 I remember that, too. 00:21:57:00 - 00:21:57:21 I remember 00:21:57:21 - 00:21:58:11 like, Apple 00:21:58:11 - 00:21:59:14 went to 1 US dollar 00:21:59:14 - 00:22:00:10 or something like that, 00:22:00:10 - 00:22:00:12 or something like that, 00:22:00:12 - 00:22:01:18 It's incredible time. 00:22:01:18 - 00:22:02:00 Yeah. 00:22:02:00 - 00:22:03:14 Mustafa, I had a great time. 00:22:03:14 - 00:22:04:11 Thank you very much 00:22:04:11 - 00:22:05:29 for sharing everything. 00:22:05:29 - 00:22:06:28 One last thing. 00:22:06:28 - 00:22:08:09 Yeah. For sure. 00:22:08:09 - 00:22:09:13 I think, you know, 00:22:09:13 - 00:22:10:11 the only thing, 00:22:10:11 - 00:22:11:26 the only difference between traders 00:22:11:26 - 00:22:13:24 who are consistently profitable versus 00:22:13:24 - 00:22:15:11 the ones who are not, 00:22:15:11 - 00:22:16:01 the ones who are 00:22:16:01 - 00:22:17:20 profitable didn’t give up. 00:22:17:24 - 00:22:19:12 That's the only thing. 00:22:19:12 - 00:22:21:04 If there's a trader out there 00:22:21:04 - 00:22:23:02 who is thinking about throwing the towel 00:22:23:02 - 00:22:25:24 or has already quit, 00:22:25:24 - 00:22:27:08 you can't quit, man. 00:22:27:08 - 00:22:28:12 You can take your break, 00:22:28:12 - 00:22:29:24 but you got to roll up your sleeves, 00:22:29:24 - 00:22:30:26 get back in the game. 00:22:30:26 - 00:22:30:28 get back in the game. 00:22:30:28 - 00:22:30:29 I think that there's a mismatch 00:22:30:29 - 00:22:32:17 I think that there's a mismatch 00:22:32:17 - 00:22:33:29 between our expectations 00:22:33:29 - 00:22:34:29 and our skill set. 00:22:34:29 - 00:22:36:14 The problem happens because 00:22:36:14 - 00:22:38:00 our expectations 00:22:38:00 - 00:22:40:06 do not align with our skill set. 00:22:40:06 - 00:22:40:07 do not align with our skill set. 00:22:40:08 - 00:22:42:13 So once you make this adjustment, 00:22:42:13 - 00:22:43:03 you're going to see 00:22:43:03 - 00:22:45:02 a tremendous growth in your trading. 00:22:45:02 - 00:22:46:02 So my suggestion 00:22:46:02 - 00:22:47:20 is that reduce your share size 00:22:47:20 - 00:22:50:12 traders. You are going too big. 00:22:50:16 - 00:22:51:15 The only reason 00:22:51:15 - 00:22:52:15 if you look at my history 00:22:52:15 - 00:22:53:10 if you look at my history 00:22:53:10 - 00:22:55:15 I've tried many times, many attempts 00:22:55:15 - 00:22:57:02 why did I pass this time? 00:22:57:02 - 00:22:58:08 In fact, the most difficult 00:22:58:08 - 00:23:00:08 time for the market, like, 00:23:00:13 - 00:23:01:23 in the middle of this whole chaos, 00:23:01:23 - 00:23:03:20 I was able to pass. Only reason 00:23:03:20 - 00:23:04:18 because I reduced 00:23:04:18 - 00:23:06:15 my share size significantly. 00:23:06:15 - 00:23:06:17 my share size significantly. 00:23:06:17 - 00:23:07:22 And then I stopped trading 00:23:07:22 - 00:23:08:25 after 13:30 00:23:08:25 - 00:23:11:02 which is my golden rule for myself. 00:23:11:02 - 00:23:11:17 So, 00:23:11:17 - 00:23:11:19 So, 00:23:11:19 - 00:23:12:25 yeah, you got to keep that. 00:23:12:25 - 00:23:14:06 Align your expectations 00:23:14:06 - 00:23:15:05 and your skill set hundred percent. 00:23:15:05 - 00:23:15:07 and your skill set hundred percent. 00:23:15:07 - 00:23:16:09 and your skill set hundred percent. 00:23:16:09 - 00:23:17:11 You said it perfectly. 00:23:17:11 - 00:23:18:07 And also, 00:23:18:07 - 00:23:19:06 you know, just the fact, 00:23:19:06 - 00:23:20:13 like I said, just the fact 00:23:20:13 - 00:23:22:04 that you tracking your data, understand 00:23:22:04 - 00:23:24:10 what's working and what's not, 00:23:24:10 - 00:23:26:07 and and never give up. 00:23:26:07 - 00:23:29:07 I see so many traders that they did 00:23:29:08 - 00:23:30:14 similar to you. 00:23:30:14 - 00:23:32:17 You know, they did a few attampts, 00:23:32:17 - 00:23:34:16 three times, five times even 00:23:34:16 - 00:23:37:16 I saw a few traders made 10 attempts 00:23:37:27 - 00:23:40:07 and on the 11 one they passed. 00:23:40:07 - 00:23:40:24 And that's 00:23:40:24 - 00:23:42:17 what's incredible about the 00:23:42:17 - 00:23:44:21 the motivation in a person. 00:23:44:21 - 00:23:46:02 And really, 00:23:46:02 - 00:23:46:14 you know, 00:23:46:14 - 00:23:49:24 just seeing that the guy is all in 00:23:49:24 - 00:23:51:09 and is going to do 00:23:51:09 - 00:23:52:02 whatever it takes 00:23:52:02 - 00:23:53:11 to pass the evaluation 00:23:53:11 - 00:23:54:26 and become a funded trader. 00:23:54:26 - 00:23:55:20 So that's the amazing. 00:23:55:25 - 00:23:56:08 Yeah. 00:23:56:08 - 00:23:56:10 Yeah. 00:23:56:10 - 00:23:56:21 All right. 00:23:56:21 - 00:23:57:11 Don’t ever give up 00:23:57:11 - 00:23:58:27 100% 00:23:58:27 - 00:24:00:11 guys that want to to check us out, 00:24:00:11 - 00:24:01:22 go to tradethepool.com. 00:24:01:22 - 00:24:02:25 Thanks so much Mustafa 00:24:02:25 - 00:24:05:11 for coming and we'll be in touch. 00:24:05:11 - 00:24:05:19 Thank you. 00:24:05:19 - 00:24:05:20 Bye bye. 00:24:05:20 - 00:24:06:02 Bye bye.