Share notes
Copy Notes
The discussion emphasizes the importance of personal responsibility, discipline, and learning from experiences
in trading, while also highlighting the role of mentorship, community, and balancing personal life.
Media & Podcast
Main Topics
Seasonal Tendencies
Importance of seasonal tendencies in trading, recommendation of Steve Moore as
Caution against relying too heavily on seasonal tendencies
Macro perspective
Attention
Focus
Common sense
Trading strategies
reliable source
a
Intraday chart analysis
Micro market analysis
Top down analysis
Seasonal tenancy
Technical analysis vs. fundamental analysis
The importance of studying charts and patterns
The ICT PD array matrix as a time-saving tool for traders
Evolution of trading approach
Moving away from heavy reliance on indicators
Focusing on naked price action and developing personal tools
Studying higher time frame perspective and economic calendar
Trading strategies and indicators
Challenges of finding effective indicators
Importance of focusing on price rather than indicators
Michael's trading model based on oversold conditions and bullish divergence
Risk management
The importance of understanding external liquidity
Finding the shortest line to pain where profit can be made
The need to be a predator rather than prey in the market
Accountability and consistency
The need to follow rules and parameters set by mentors
The importance of being accountable to oneself
The learning process of becoming profitable
Trading strategy
Using bullish divergence and stochastic to identify buying opportunities
Learning from Larry Williams' model
Struggles with stop loss and fear of placing limit orders
Imbalance and Fare Value Gap
Imbalance forms after manipulation and creates a fare value gap. This gap forms
which can be predicted using a silver bullet model.
Seasonality and Steve Moore's perspective
specific times during the day,
at
Importance of seasonality in trading
Steve Moore's contribution to understanding seasonality
Market analysis
Draw on liquidity
Order block
Market direction
Weekly volume imbalance
CPI
Using seasonal tendencies in trading
Performance of seasonal tendencies over time
Strong seasonal tendencies and their significance
Discipline and Patience
Consistency in trading requires discipline and patience, and traders must be willing to learn from losing
experiences and fix their character flaws.
Personal responsibility
Taking ownership of trading decisions
Learning from mistakes
Avoiding emotional trading
Emotional challenges in trading
Dealing with losses and frustration
Importance of journaling and avoiding negative self-talk
Importance of Weekly and Daily Charts
The weekly chart provides a macro perspective while the daily chart helps to focus on economic calendar events
and manipulation.
Success
Setting realistic goals for success
Success requires preparation and management to avoid anxiety and discomfort.
Mentorship
Teaching
Distraction
Attention span
Market specialization
Technical analysis
Price action
Fair value gap
Liquidity
Charts
High Frequency Trading and Algorithm
The silver bullet model is a high frequency trading entry mechanism that takes advantage of algorithmic trading.
Market Structure and Key Levels
The lower time frames are used to analyze market structure and identify key levels for swing projections.
Motivation and Success
Personal motivation for trading, importance of finding purpose, internal factors that can derail success
Discipline and maturity
Knowing when to pause, being content with enough, forging discipline before trading with real money
Indicators
Victimization
Waiting for train wreck
Guessing game
Honesty and vulnerability in trading
The negative impact of promoting a false image of success in the industry
Balancing Trading and Personal Life
Balancing trading with personal life is crucial for overall well-being
Time and liquidity
Understanding how time is used in the market, liquidity alone is not enough
Understanding Price Action
How price action works and how traders can use it to their advantage
Stress of making money in the beginning
Wrestling with overtrading, pushing too far, overstaying welcome
Teaching and Mentorship
Passion for teaching and goal to empty himself out of all he has to teach
Quality over quantity
Focusing on quality trades, not filling journal with unnecessary trades
Mental capital
Understanding personal threshold, increasing mental capital through experience
Algorithmic Price Delivery Macros
Algorithmic price delivery macros and their significance
Mentorship and encouragement
The importance of avoiding negativity and focusing on growth
Trading and Mentorship
Experience with trading and mentorship, marketing tactics used in the industry
Introversion
Recognition can be uncomfortable for introverted individuals.
Experience and Learning
Importance of experience and learning from mistakes
Encouragement for Youtubers to be honest about their struggles and apprehensions with trading
Mental Health
Anxiety and discomfort can be created by not being prepared for success.
Consistency and profitability
Feeling like it will stop working, dealing with mindset
Market Understanding
The market as a collective entity and understanding smart money
Bias and Trading
Deriving bias from a macro perspective and daily chart in trading
Overcoming fear and pain in trading
The importance of precision in trading
Safety
Safety concerns can impact personal interactions and relationships.
Indicator Limitations
The limitations of relying on indicators
Narrative
Drawn liquidity
Trade
Trading Mistakes
Importance of discipline and learning from mistakes
Regret and Success
Prioritizing family and personal relationships
Supply and Demand
Challenging the idea of order block as supply and demand
The effects of scar tissue and character flaws on concentration and focus in trading
The role of humanity in trading
The dangers of drama and trolling
The effectiveness of sound money management and logic in choosing setups
Inner Circle Trader
Discomfort with notoriety and attention
Stock Market
How it can be traded using various strategies
The impact of relationships and codependency on trading and personal life
The importance of precision and anticipating price action
Coping skills for substance abuse and other personal issues in trading
Challenges faced by traders
Distractions and laziness
The impact of mental baggage and real world issues on trading
The dangers of impulsiveness and intrusive thoughts in trading
The role of influencers and drama in social media
Understanding contract delivery months and volume imbalances
Importance of exit strategies and fear of trades
Personal responsibility in trading
Keywords
⛔ Stop loss
Seasonal tenancy
Intraday chart
daily bias
scar tissue
Questions
/
purpose
eggs
Charts
Inner Circle Trader
key levels
Family
boredom
bullish divergence
alcoholism
introversion
Fibonacci ratios
Liquidity
discipline
Answers
What is the importance of personal responsibility in trading?
It is crucial for traders to take full responsibility for their actions and decisions in the market.
What are some challenges faced by traders?
Traders may face distractions and laziness, which can hinder their success.
What is the role of influencers and drama in social media?
Influencers may provide valuable information, but it is important for traders to be discerning and not be swayed
by drama.
What is the importance of precision and anticipating price action?
It is crucial for traders to be able to anticipate price movements and make informed decisions based on that
information.
What about the seasonal tendency though? I thought we're supposed to go lower though?
There's a measure of common sense that you're going to have to use. When you're learning this, especially with
me because I don't have patience for stupidity, if you are not paying attention to the fact that I'm looking at these
markets and calling higher prices, I'm pointing your attention to this particular level.
Is it time for the seasonal tendency to come in with lower prices?
Now I think we need some more altitude first and we climbed and then when I told you that they created that
immediate rebalance on the daily chart that really is like a supercharging to it's going to really ram up their ass
and look what they did where we opened up on Sunday.
What do I do if I'm able to see the draw on liquidity?
Understand if you are truly able to do so and what model and PD array you are using.
What keeps the community growing?
Accuracy in market direction predictions.
What does it mean to not hold bias?
Being neutral and not arm wrestling the market.
Why do you talk about the economic calendar?
The speaker is a technically minded trader who believes that charts can predict market movements better than
fundamental analysis. He advises traders to study charts and patterns instead of relying on economic news.
Aren't you afraid that you're teaching this and the market's going to adjust to that?
The market is always moving and adjusting, this is what it does.
How do you increase your mental capital?
Through experience and understanding personal threshold.
How do you know when you're ready to trade with real money?
When you can take yourself away from the market and have discipline.
What defines success for traders?
The threshold for success varies for each individual, but it is important to set realistic goals and not compare
oneself to others.
How can traders balance trading with family life?
It is important to prioritize family and find a balance between trading and personal life.
What is the importance of weekly and daily charts in trading?
Weekly charts provide a macro perspective while daily charts help to focus on economic calendar events and
manipulation.
How can traders predict when an imbalance will form?
Imbalance forms after manipulation and creates a fare value gap, which forms at specific times during the day
that can be predicted using a silver bullet model.
How can traders identify key levels for swing projections?
The lower time frames are used to analyze market structure and identify key levels for swing projections.
What is the silver bullet model?
The silver bullet model is a high frequency trading entry mechanism that takes advantage of algorithmic trading.
What does consistency in trading require?
Consistency in trading requires discipline and patience, and traders must be willing to learn from losing
experiences and fix their character flaws.
What is the importance of being honest about struggles in trading?
Being honest about struggles can lead to growth and improvement.
How can bringing a human element to trading help grow a channel?
Bringing a human element can help build a community and increase engagement.
What is the importance of mentorship and encouragement in trading?
Encouraging mentors and YouTube channels to be honest about their struggles can help build a supportive
community.
How can fear and pain limit success in trading?
Fear and pain can limit success, but acknowledging and addressing them can lead to growth.
Key points and Insights
Imbalance forms after manipulation and creates a fare value gap, which forms at specific times during the day
that can be predicted using a silver bullet model.
The trading industry can be filled with marketing tactics and false claims, so it's important to do your own
research and find reliable sources of information.
Success is not just about making money and having material possessions, but also about prioritizing family and
personal relationships.
Consistency in trading requires discipline and patience, and traders must be willing to learn from losing
experiences and fix their character flaws.
Consistency and profitability can be stressful, but it is important to understand personal threshold and increase
mental capital through experience.
The weekly chart provides a macro perspective while the daily chart helps to focus on economic calendar events
and manipulation.
Precision and anticipating price action are important skills for traders to develop in order to make informed
decisions.
Social media influencers may provide valuable information, but traders must be discerning and not be swayed
by drama.
Encouraging mentors and YouTube channels to be honest about their struggles can help build a supportive
community.
Success in trading requires finding personal motivation and purpose, as well as overcoming internal obstacles.
Personal responsibility is crucial in trading and traders must take ownership of their decisions and actions.
Traders may face challenges such as distractions and laziness, but it is important to stay focused and committed
to success.
Quality over quantity is important, focusing on quality trades and not filling journal with unnecessary trades.
Seasonality can be a valuable tool in trading, and Steve Moore's work has revolutionized its understanding.
The concept of supply and demand may not always apply in trading, and it's important to understand the state
of delivery of price.
Sound money management and logical setup choices can lead to guaranteed success over a large sample set.
Seasonal tendencies should be considered, but common sense and macro perspective are also important.
Strong seasonal tendencies that are consistent over time can be reliable indicators for trading.
The lower time frames are used to analyze market structure and identify key levels for swing projections.
The silver bullet model is a high frequency trading entry mechanism that takes advantage of algorithmic trading.
Discipline and maturity are crucial in trading, knowing when to pause and being content with enough.
Understanding higher time frame perspective and economic calendar can inform short-term expectations
Seasonal tendencies can be a useful tool in trading, and Steve Moore is a reliable source for this information.
Michael's trading model based on oversold conditions and bullish divergence has been successful for him.
Having a solid exit strategy is crucial in trading, and fear should not prevent one from entering trades.
Risk management is essential in trading, and traders need to be predators rather than prey in the market.
Focusing on price rather than indicators can lead to more effective trading strategies.
Honesty about struggles and apprehensions with trading can help build connections with audiences.
Understanding how time is used in the market is essential, liquidity alone is not enough.
Bringing a human element to trading can help build a community and increase engagement.
Contract delivery months and volume imbalances can reveal inefficiencies in price action
Fear and pain can limit success in trading, but acknowledging and addressing them can lead to growth.
Honesty and vulnerability are important in trading and can lead to growth and improvement.
Technical analysis is a more reliable trading strategy than fundamental analysis.
Technical analysis and understanding price action is crucial for successful trading.
Indicators can be useful, but naked price action and personal tools are more effective
Indicators can be limiting and waiting for a train wreck is not a successful strategy.
Real world issues and mental baggage can negatively impact trading performance.
Accountability and consistency are crucial for becoming a profitable trader.
Impulsiveness and intrusive thoughts can lead to poor trading decisions.
Consistency and profitability can change one's perspective on life and money
Traders should learn from their mistakes and be disciplined in their approach.
Deriving bias from a macro perspective and daily chart is important in trading.
Success requires preparation and management to avoid anxiety and discomfort.
Mentorship should focus on market specialization and avoiding distraction.
Notoriety and attention can be uncomfortable and may not bring happiness.
Understanding narrative and drawn liquidity can lead to successful trades.
The market is a collective entity and understanding smart money is important.
Scar tissue and character flaws can affect concentration and focus in trading.
Balancing trading with personal life is crucial for overall well-being.
Relationships and codependency can impact both trading and personal life.
The ICT PD array matrix can save time for traders by simplifying the trading process.
Precision is important in trading and can lead to greater success.
Safety concerns can impact personal interactions and relationships.
Accuracy in market direction predictions is key to community growth.
Coping skills for personal issues can help improve trading performance.
Algorithmic price delivery macros are significant in trading.
Bask in trading victories and avoid rushing into the next trade.
Trading is a journey of self-competition and self-expectation
Experience and learning from mistakes are crucial in trading.
Take ownership of trading decisions and learn from mistakes.
Understanding price action is crucial for successful trading.
Stick to the trading model and avoid emotional trading.
Recognition can be uncomfortable for introverted individuals.
The stock market can be traded using various strategies.
Market analysis should be based on charts, not media reports.
Teaching and mentorship can be a fulfilling passion.
Seasonal tendencies should not be relied upon too heavily.
Studying charts and patterns is crucial for successful trading.
Setting realistic goals for success is important.
Relying solely on indicators can be limiting.
Quotes
There's nobody's fault. There's nobody's, well, blame for anything you do with your money but you.
easy
It's
if
you're not committed and not passionate about wanting to do this, to talk yourself right out of
it.
Influencers, well, let's just put it bluntly, everybody wants the attention because the attention equates to clicks
and clicks equates to monetize monetized YouTube videos or eventually a sale in the future.
You can anticipate, not react. You can anticipate these things
Everybody
in
trading has picked up
The fact that there's
demand factors.
a
change
in
a
price.
in
book. I've read lots of books. I've bought lots of courses.
the state of delivery of price completely removes the idea of any supply and
The things that derail you are always internal.
His seasonal tendencies are absolutely the pinnacle like that
markets he is the person to go to like he is the man.
If
you're gonna do anything with seasonality and
is if
you are going to trade with seasonal tendencies, you should support him as
a
content creator.
Everything in these markets are random and you can't time the market and you have to react to price. And that's
absolute bullshit.
I'm going to give you something that works. Not just it works, Okay. It is absolutely precise, down to when you
can expect it to form what days, what months, what markets, what direction, what time.
When your shit doesn't go right, you want to blow up. You want to show the world that you're pissed off.
Perfect doesn't exist... you're going to lose.
There's so many supporting things that you have to learn, which
of time to learn.
is
the reason why this
expensive.
is
takes
It
a lot
you're taking our short-term expectation on price, placing that in the context of what higher time frame price
action is doing... it diminishes greatly because you're looking for higher time frame perspective to unfold.
If
There's
a
hierarchy
in
price delivery.
That lesson, that pain, that uncomfortable state would have taken many of you out of this and say I'm never
doing it again.
trading to where liquidity is resting, obvious below old, low below old equal lows. Or above old high or above
relative equal highs. That's liquidity okay.
It's
You want to go to a 60 minute chart to find some relative equal low or single low that has not been traded too
recently. There are sell stops resting below that. That's this market one oh one.
you understand narrative and you know where the next drawn liquidity
making fucking money if you not a trade and use that model.
is,
I'm telling you where this shit's going to explode. I'm telling you where
time it's going to form. What guessing game do you need to make now?
going to go
If
it's
Their selling points are those things, those features that appear in books. So
they're going to say our community's toxic because we're calling them bullshit.
When you're
in a little
time frames, you know
5
minutes
is
like
it
a
it
90 % likelihood of
I'm telling you what
to.
goes without saying, of course
fucking weekly chart on
a
better when I'm not right. I can teach you when I'm messing
It's
you have
a
15 second chart.
up.
Stop believing these fucking people trying to sell you shit.
Smoking's bad for you. Don't do that. Smoke the markets.
believe that the charts are telling you
bullshit.
You're looking at animal patterns and
things I factor in.
healthier.
advance how they're going to hurt the people that believe the
in
I
It's
these other things that they're believing
all
in
as
a
religion, and
all
of those
You have to have teeth and you have to have claws. And you need another one to use them and how to use
them.
always going to be you. When
It's
I
mess up and when
The more you try to avoid losing trades,
I
failed, nobody's fault but mine. That's accountability.
going to land right
it's
When you find consistency and profitability,
your lap.
going to feel like at any time
it's
Your mental capital, the way you build that up,
in
is
it's
going to stop working.
when you have the victory like this and
quality over quantity. And just because I'm teaching you the
not every day trading.
It's
The market's going to have an ebb and flow. There's
that, just the liquidity alone is not enough.
a
skill
it's
done well.
set through the medium of day trading,
time delivery to
all
it's
this shit and unless you understand
I'm convinced of that. But the problem is, I have a lot of people that come to me that are greenhorns. They're
brand new. They're just right out of the womb Here, make me a traitor. I don't know how to walk yet, but make me
a traitor.
you look hard enough and if you torture the data and the numbers enough, they'll submit and admit to
anything you want to do. And that's the problem with this.
If
You only need
Less
a
is
a
reason to be bullish or bearish.
more, being content with enough.
You can have a whole
family person.
of money, you could be
lot
a
person of influence
in
this industry and be
a
fucking failure as
know is you can think that you're successful because you make a lot of money and you can have a lot of nice
things. And afford things and not worry about the cost of living and still not be happy, not satisfied and regretful.
All
I
I'm uncomfortable by
love
I
it.
it.
Like I'm genuinely uncomfortable.
But I have to take myself away from
it.
Because I can't control myself to not keep doing
it.
It sounds like an oversimplification because you're ignorant to what it is you're looking for because you're too
new. But for people that have been studying price action, it's easy to discern.
the markets were indeed random, how the fuck is a silver bullet set up possible, and why is it so consistent?
Because the markets are not random, they're controlled, they're coded, and they're ran by an algorithm.
If
Lazy doesn't work here, folks. Lazy doesn't work and impatience doesn't allow you to stay
If
I
lose, I'm going to show you. I fucking lose.
If
I
get
it
wrong, I'm not going to sugarcoat
it
and tap dance around
it.
Bringing the element of humanity into
it
will
grow your channel. Drama
is
not going to sell your shit.
Encourage them to be more open with what they find difficult and you're going to find that if you were that type
of person that you're out there trying to share what you do or trying to teach and you're open and you're honest
with what you have found difficult in your trading.
Fear of losing. And what did you do to overcome that? It might be fear of getting into
out at the right price. Whatever, I'm just giving you suggestions.
a
trade, fear of not getting
I'm never satisfied with my exits. I'm never, ever satisfied with my exes never. I'm never fucking satisfied with
them.
have no fucking fear of getting into anything.
I
Really considered the level of honesty that
is
required and give the audience what they don't know about you.
Your results are almost fucking guaranteed.
you allowed boredom to come in and invite you into taking a trade, I ain't got nothing else to do. Let me just go
here and buy it and see what happens and you fuck around and you find out.
If
in
When you're trading with bad experiences, you will go back to those things where it hurt you before and you
won't be able to focus clearly without any confusion or any kind of distraction about the very trade you're in.
If
you're smoking weed and you're trading, you're fucking stupid.
you have the ability to make this kind of money independent of your spouse,
occasion and be a better man.
If
Do
a
better job of balancing your personal
Success
is
easy to get.
It's
hard to manage
it
will
force them to rise to the
life.
if
you're not prepared for
it.
I'm uncomfortable with it and you have to make allowances for that because if it's your pursuit to become, you
know, somebody in this industry, be prepared to not want it when it's being introduced to you.
I'm very introverted... my mind
going in my head all the time.
I
is
racing
a
thousand miles an hour and there's
a
thousand intrusive thoughts
don't want anybody close to my family that could potentially hurt them and anybody would be like that.
Ressources
Steve Moore's website
4X factory website for news drivers and high-impact or medium-impact events.
YouTube and Twitter spaces where the speaker shares his trading concepts and insights.
Topics