Panda- Video 4

1/26/22 5:30pm start time on making up for what I lost yesterday.

1/27/22 3:26pm start time, 830pm break time

 Watching the Market and NinjaTrader8 Setup

I'm going to help you set up your NinjaTrader, your chart, and your indicators for how you are going to use Ninja. I'm assuming that you downloaded NinjaTrader8. great. Then its going to take you to this screen, it's going to take you to this control center. It shows you, of course, (bottom left)  your orders, executions, strategies, positions, accounts, the log scale to show you ever step that happens once you've log in.

For those that are doing Demo for the first time, you have to go here (Help tab) to input a license key.  The license key is here, under help. Any technical support issues with NinjaTrader8, please email them to guide you. That part is really, really simple. License Key will go right here. 

To connect to the platform, you have to go to Connections (tab 4 down from NINJATRADER red sign at the top left) go to configure (bottom) , click that,  you scroll down (in Available tab) , click on the NinjaTrader continuum, Once you click NinjaTrader continuum,  I already have my password and everything in, you go here (under configured tab, click on NinjaTrader continuum, and type your username and password that they give you. (in the properties tab in the left).  After putting those in, hit apply and okay. 

When you get connected to Ninja, you will hear a little chime come on. When you look at this lower left hand corner, You should have a green light that goes on, it lets you know that you are connected.

 If you do not see that green light you are not connected. If its yellow its pausing. If it's red, you are disconnected, if its gray you are completely offline. Green means you're on. Yellow means its trying to connect. Red means you've off. Gray you are not connected at all.

Go to new, click new right here (top left next to NINJATRADER red sign) . Scroll down to chart. it will ask you what instrument do you want to use. (under Data Series)  In this example, lets do (first option) NQ 12-20, so its going to be on the 12 20 contract for NASDAQ. Then Data Series (next to the Value field) type in 20 (for 20 minutes) Click okay. 

Then you will have a chart come up. let me minimize Control Center, you do the same. Now you have the 20 minute chart for NASDAQ here. the bottom bar lets you go back to the previous days. If you put your mouse right here, (between 9:40 and 12:00 on current screen at the bottom). and drag time to go to the left. and that's how you zoom in on the candles. ( for those of you who are trading, you need a mouse to connect to because its faster, it helps with your orders.)

I now want you to go to properties, I want you to right click on the actual chart  and this box pops up, (properties is the option at the bottom, click on it).  Next to Right Side Margin, change from 8 to 40.  Hit apply and okay and it will give you a little bit of space, so that your candles are not right against the price.

So now, a couple of different things, I want to show you. None of these are really important but the main ones I want you to look at is your drawing tool, (looks like a pen icon at the top) if you ever need to add something or remove something it is there. Based on our settings we wont need anything but I wanted to show you where it is. 

(He goes 3 icons down, looks like a cursor) This is very important, so how your cursor looks. I have mine on local so that I can get a crosshair. If I want to look  at a particular price I can do that there. (He's moving it to the high and lows and it shows the price to the right).

Then chart trader (2 icons down from cursor at the top) which I'll show you last. But let's set up the Indicators, the indicators are right here. (Z flipped sign, nest to the red Chart sign at the top)

You only have to set this up one time and then save it then we are good. We are going to click here for indicator. (box comes up, scroll under Available tab) I want you to scroll down until you get to Current  day OHL and hit add. It'll say 'Current Day OHL (NQ 12-20 (20 Minute)). Go to the right, under Plot and click arrow next to Current Open. 

Change this color to transparent because we don't need to see it. Hit apply and okay. and now you can see automatically without having to zoom back, where the low of the market is. The low is this red line right here. (red dotted line) This is the low of this current session. If I scroll to the right we can also see where the  high is, the green line, the (dotted) green line is the high of the session and this is the current low. For my technical traders you can see where the previous lows were. 

Now that we know the high and low this is the resistance per day. Resistance/top. Low/Bottom are the same. Now we need to add the indicator, sniper momentum, so that we will know when we have to get into the market. Let's add that right now. 

(go back up to Z icon) Hit indicator and slide down to EMA (scroll down in Available tab). Add EMA short for exponential moving average, hit add and (next tab, Parameters, Period the line next to it) we will keep it at 14. (on Setup, Calculate) We are going to change this to 'on price change' and we will hit this drop down box here. (at the bottom, under Plots, click on arrow next to EMA). Setting this up is the most complicated part that we will do. (next to Color, under EMA drop box) Change Color to DarkTurquoise. On Plot style, we will change from 'Line' to 'Horizontal Line'. 

The reason why this is key: You see that the moving averages it curves. The part that sucks about moving averages is that they move. Sometimes you don't know it feels like you don't know where you are going to get in.  If you look at the screen for a long enough time it feels like your eyes are led astray by looking at the EMA more so than those actual areas that you should be getting in. Because it moves and it can mess your confidence. So I think that the perfect solution to this is to click back on it. Instead of line, make it horizontal line. Hit apply, and okay I'll give you a second. 

Hit apply and okay and now, we have a visual as soon as we get into the market, the area where we want to take our trades. (he is circling the green line going at the middle of the candles). The area, its called an equator. Our trades is going to be based off of  this, it's called an Equator, 

If this line was initially down here, we want to fire here, green when it goes up and red when its time to short.(he shows it visually when it would be a good time to get in based on how close they are to the equator) We will go through that later, we'll do a full breakdown. This is called the red panda sniper momentum. super smooth move. Now let's go to chart trader to set up when we will get in into the market.

Let's click here (Chart Trader icon at the top. Once you click on it, options pop up at the right side) and let's add the ATM. (Under ATM Strategy, click on Custom). Next to TIF (stands for Time in Force), change to 'DAY'. Change Order Quantity to 5. We are going to practice trading 5 contracts across the board, everybody. This is going to be our ATM for NASDAQ.

ATM is Automatic Trade Management. You ever been in a move naked, and it went up, and you made money and then you look back an hour or 2 later, couple of days later and it slides back and now you are negative? This prevents that. It gives you a set target to get into the market and a set place to get out, which is amazing. Let's set this up. 

So you want to enter the stop loss and we will use a 20 tick stop loss. (still on the box that popped up once you clicked on ATM Strategy). Target 1 is the third line, input 20 in the 'stop loss'). Profit Target is 220 ticks (Enter 220 in the 'Profit' value right next to it). I will explain why once we get this set up. (Next to it, in 'Stop Strategy, pick Custom). A box pops up. First option, next to Profit Trigger put 40, next to Plus, put 10. Hit okay. (box disappears, goes into original box). Click on Save as Template. 

(It is going to allow you to name the Template). You are going to call this "Red Panda Sniper NASDAQ." This is specifically for NASDAQ. 

If we want to get into a move and we want to short here (showed a part of the candle that's close to the equator), its automatically going to have our stop loss in place so we can mitigate risk and its going to automatically have a target where to exit us out of the trade, which is incredible.

In this scenario we are risking 20 ticks. This is how you do the math on that: You will do 5 contracts times 20 ticks, times $5 a tick. 5*20*5 is 500. If we lost the trade, that's how much we will lose, 500 will be our loss.

Our target is 220, (you can see that by clicking edit next to ATM Strategy in the right, and see 220 as the profit in the Target line) that puts us in a position that we are risking 1 to make 11. Even if you are not a great trader, with a 1 to 11 risk to reward you don't have to win 15% of your trades to be profitable. If you are obeying the rules. That's what I love about a high risk to reward. In this scenario, 5 contracts. Those of you that wants to test it out and see. If you want to have bigger trades, make bigger amounts of money, join ALPHA only if you are dedicated. 

5 contracts, 220 ticks times $5 per tick is how you would calculate that. 5*220*5 is $5,500 dollars on that particular trade. I'm asking you would you risk $500 on a trade to potentially make $5,500. That's a good risk to reward ratio, very good. 

**The higher the risk to reward ratio, the easier your investing and trading will be.***

***Read "Money, Master the Game."  Asymmetric risk is so key.**

*********15 minute mark*******************

Let's set up our second ATM for ZB.

(Chart on the right, if it's not there click on Chart Trader icon at the top)

(Where it says ATM Strategy, click on drop down and click on custom. This allows you to create a new ATM, it will not delete the other one you created)

Go to custom, on TIF (stands for Time In Force), click on DAY.  If you are doing a day order, its only $500 per contract. If its not, you are going to pay full margin so be fully mindful of that.

 In order quantity, put 5. Initial investment will be 2500, on NASDAQ, your exit will be 5550 for a winning trade. 

(Parameter type will say ticks. Target1 quantity will say 5)

Stop loss will be 10 ticks. (put 10 next to stop loss in Target line)  Profit target is 32. (which will be 1 full point). (Next to it, in 'Stop Strategy, pick Custom).  (in Auto Breakeven, Profit ticker enter 10, Plus enter 4) . Ian: after 10 ticks, you want to protect the profit that you have and lock in 4. Hit okay, go to Save as Template and type 'Red Panda Sniper ZB'.  Hit save, and okay. 

Let's look at ZB. and when we are trading ZB, we only want to use the Red Panda Sniper ZB setup. When we are trading NASDAQ, we only want to use the Red Panda Sniper NASDAQ. Say yes if you agree. Make sure that you are using the right one. That's why I had you guys check in at 720 because you want to make sure you are in the right ATM and not the wrong one. ZB is up here. and we are in zinc. So if I had a move great, that's where we want to start the fire. And we're done.

(While he said that, the video shows that he is going up to the Chart red on the top left and next to it he changes it to ZB 12-20 then ATM Strategy on the right and picks Red Panda Sniper ZB.

When trading NASDAQ, he goes to that drop down and picks NQ 12-20 then goes to ATM Strategy on the right side and picks Red Panda Sniper NASDAQ)

Let's go back to your workplace and your control center. You got to  workplace (3 down from  NINJATRADER at top left) and you want to go to new right here (new is at the right of the options that come up). I'm going to be checking and stuff when I talk to you guys on IG, talk to you online. When we are in trading room together, I'm gonna be checking this stuff.

(The workplace prompts you enter a name.) Type Red Panda Sniper and hit okay. And you will have that setup safe. (go back to the Chart screen, click on Properties icon the right of the top line). this is Properties, this is where you can change the font, the right size margin. You can add to show date range (he clicks on it) . Hit that and press okay, these are your properties you don't have to adjust anything in here, you're fine. (Then takes off show date range) . Keep it at the default settings.

Here are your strategies (icon next to properties), no need to touch that. This right here is your indicator. 

18:28 

Guys, I'm going to tell you right now no RSI, No MacD. No Lowers, only this. Only this: High, low, this is our entry (circles equator). Because if you are adding other indicators, if the trading does not go right for you, I have to factor in for how you are using other indicators. I know what the baseline is here. 

That's why staying in uniformity is so key. We are not deviating. Us being in one accord. When we get in a room, even if I step away, and let's say we are looking at NASDAQ together. (goes to top next to Chart and changes it to NQ 12-20) Everyone in the room should be able to call out this one move. (clicks at the top of a red candle)

The more things you have on your chart, that you are at a higher disadvantage, because there are more variables that you have to take in. You notice people that have all this on a chart, they never know where to get in ( he put different lines in different directions throughout the chart to indicate too many indicators being used).

"I think it's going to", no, you want to master being able to get into one spot consistently, over and over again.

Here is the true test: (if you know how to trade the way that you want) Are you making the money that you want or close to it, when you actually trade in a weekly or monthly basis. It's not about the information, it's about the execution of the information. 

So, That's how we set up NINJA, and this is the primary platform that we are trading off of. and that's it, every day,  5 days a week. I want you guys to look at the first hour of ZB which I've been doing since 2015 and then look at the first hour of NASDAQ which that opens at 830am every single day.

No side groups, none of that. I did this program for free. I wanted to give back and help. Those people that want to join Alpha, for those that want you to make bigger money and 5 grand is not a lot of money to you, I get it. In alpha, we are in the trading room and trading live. 

But I am asking with love, since I'm giving this and I don't think that there's ever been a futures market given away to free to this many people. I'm asking the culture to protect me. If I see any remixes or anything on Gumroad and ya'll start coaching based on this setup, I will have to take this down. 

It's my vision to have 20,000 of us trading together, as a family, as one unit. We will open up the chat room. The great part is, its going to be quiet. After the session, we will go through a lesson or two and the room will be quiet. It will all be call outs: "hey stay away from this area." "stay away from this, not time to buy, look to short".  In all the secondary and third moves that we can get, that I will be able to call out, it will be amazing. Love you guys, thank you for being part of this program but I ask you to protect me. Once again too, I said it in the master lessons, if you want to put together something, I can  help you do that. Let's collaborate with each other and not compete against each other, there is so much money available for us. 

**I don't want you to have on volume (Goes to indicators icon, Available tap, clicks on option VOL).The volume is consistent. In the futures market, the volume is consistent. You can see here how many contracts are traded right at the open(more than 36k) , first 20 minutes (33k) , second 20 minutes and even towards cut off time (28k). It's enough contracts traded for everybody to be able to win, and especially for all of us to win as a family. Thank you for being part of the program. Dec 1st we will start getting in the private room together and trading so you can all see the wins materialize as well. Love you all. It's going to be a lot of fun. Welcome to Red Panda, over and out. 

24:30 mark

This is the part I love the most. We are going to walk through the exact setup. This is from today, I wanted to record this today so that you can see in real time. We are on the NASDAQ on the 20 minute chart, you can see that here (points to the line next to red Chart sign, says NQ 12-20 and next line says 20 minute) NASDAQ here, this is where we want to enter if the market goes long. (on top of  the candle all the way to the right, he puts an X above that candle, on the equator).  So we have our line already there, so this is our breakout move, (writes this on top of the equator) if it gets to this level here we want to go long. (makes line on the equator) Green candles indicate that we are we are bullish or going to the upside.(puts arrow going up) Red candles means that we are sliding down, very simple. very simple.

We want to execute let's say 11938, (he's calling out the number at the right next to the equator) let's call it 75, because NASDAQ moves in quarters. So it goes from 929 flat, 929 25 929 50 929 75 then  930.

Monday and Friday, you guys have to pick if you are going to trade on Mondays and Fridays, then use the days in between to research, study, rest. You need balance. Fewer trades are better.

If you do not have your setup you are going to do nothing. I already see where support is, because this is the low of the session (writes low on top of the red dotted line at the bottom). Support is already built in. The higher the time frame you go, the better. I want you guys to stay at the 20 and no deviation, no other time frames, no other indicators, just this one, you just need the one that you are going to execute off of. 

You see how its slightly pulling back (the green candle is going down), it it does not go to your spot in which we want to take it right at this line (the equator) not above, not below just want to take it right at this line. because if we get some volume and we push it upside, we are going to be good.

So while you are waiting: I want you to do: reading. If you work, I want you to do work. For the entrepreneurs, I want you to work on your business. If you are an entrepreneur, you only need 1 hour in the market for each thing, 2 hours in total and you are good. Wait for your spot. 

Our job is to buy inventory at a particular price, then sell it and profit. We don't want to chase anywhere, just because. One of the simplest lessons that you will ever learn when it comes to trading or short term investing, red candles mean down. Green candles mean up. 

People want you to think that it takes whole bunch of reading and whole bunch of studying of chart patterns to learn, those using double hammers and double tops, it doesn't take that. Its not about that. If it was about chart patterns and candlestick patterns alone, everyone who knew how to read them would have money. Most people who know chart pattern excessively and candlestick patterns excessively do not know how to pull money out of the market. It's two different skill sets. We are just going to wait for our move. 

28:22 mark

Steady waiting for NASDAQ to break out to the upside. NASDAQ is the fastest moving of all the indexes. You notice how long term, I talk about 2 indexes to tech, great. We are going to trade one of the technology, futures, which is the NASDAQ. and see price moves over here (circles the price next to the equator), price moves there. When we finally get the move that we want, we are good. 

I want to walk you guys through a live moving market in real time. Of course in a week I'll have some  practice trades in there for you, then within the next 2  I'll have some live trades in there, so same move.

The great thing about this EMA breakout strategy is that you can use this up and down, which is amazing. See right here if you would have chased this move and not waiting for your spot, you would have been in trouble.

Identify one place to get in in the market. Write this down: MASTER ONE WAY TO GET IN THE MARKET. You guys are hopping around too much. I don't want you guys to be information whores and be poor. And for those that are Christians, I mean that in the kindest way. I don't want you to think that I'm talking reckless to you guys.

I tell you guys: Don't buy the high, you see that the moving average will adjust and we are waiting for that one spot. When NASDAQ takes off, it takes off. Overnight high at this time was 12,065. And then this is the most recent high up here, you can see (he points to the white line inside a red candle that is the highest point). That's 12,018.50.

31:24

It's really important because of the speed of NASDAQ that you don't chase anything because you can lose a lot faster but once you get that momentum right and you are the predominant direction, the true direction of the market you'll have tremendous upside. 

Now, I put little notes in here that you guys can write down. But this is very important: DO NOT ALTER OR CHANGE ANYTHING. For those of you who have been previously trading and thinking about trading if you are not profitable, I want you to  follow this strategy exactly. Just marking off where we want to get in. (he marks off he equator on top of the most right candle).

The market has done a great job of making people do things that are not in their benefit so that they can steal money from them. Do you realize that when you overtrade, revenge trade you are only punishing you, and that the market makers and brokers will benefit off of that.

As I walk you guys through in the master lessons, for some of you, you only need 12 good trades for the year. Write this down: DON'T GUESS WHERE THE MARKET WILL GO. Big mistake.

Play what's in front of you. too many people say 'hey what do you think its going' that's only because  you don't have a system in place. You need the same target for what you are trading all the time. 

Whether we go down, we know whether we are shorting here (he marks X at the equator line) . If the market goes up, guess what? same place. If we go green, we will be going long there. We will be buying there. (marks same spot in the equator).

33:49 mark

Down candle (point to a red candle), indecision (he points to a empty candle that looks like a cross) . down candle (red) , bullish candle (green), down candle, down (red), bullish, bullish, down. Follow color. Candlestick reading 101.

Great part is, when we are in the room together, I will be able to take a spot and say 'short now, buy now.' If I see any secondary moves, I will call those out.   It's going to be great because we can all type to each other about moves that we are in and it will be transparent. If you win you put that, if you lose you put that. 

If it takes you 45 minutes to get a move, so be it. At 930pm central, however you have to stop.

It's the reason why I had you do the burpees all the way because if you do not get those fundamental things down. You have to realize, this is a  business. I was mentioning this today together in the room with the ALPHA  members. the same phone they sell in California is no different than the one they sell in Indiana. They have their processes down to a T.

So now that NASDAQ looks like its going to go positive, we would then want to go long. If it's nowhere near being in our area to short. this is how to avoid getting caught up in a bad moves, end up on the wrong side of the trade. but this is a business. you have to be able to only take only a few amount of trades to be able to hit your goal.

Please consult with your advisor first if you are cash trapped. Trading is risky, you could lose all your money. This is why I stress practice. If you have never traded before, you gotta practice, take the 300. 

Great part of the setup, you only have to wait for one area to get in. That's why I ask everyone who trades, if you look at any stock, any future, if you look at it, in 10 seconds do you know exactly where you want to get in? If not, you don't have a system that is going to work well. There are flaws in every system. But you should easily see and know where you want to get in. 

You still need to practice until you hit your allotted amount of trades. I'm not gonna break that rule. Whether it takes you 3 months, 6 months to do it you have to get to 300 trades using this system only, nothing else. 

One time frame is all you need, master one time frame. Great part about the 20 minutes is that its fast enough where you can catch some hyper babebles but its not so slow that you will be in a bunch of false breakouts, so it's a good hybrid. 

38:14 mark

It's very important to keep your trading space quiet, even in selection with music things that don't get you too riled up or too overstimulated, that's super key. That's why I want you guys to put an affirmation twice a day.

When you are sitting and waiting for a trade, I know for some of you, you feel like you are wasting time, but what you are not actually doing is burning through your cash. Cause bad trades will put you in a position where you are burning through your cash prematurely. 

I'm doing these little things to adjust and see just because there is no move. I will either work, play with the settings, but if there is no move, there is nothing for me to execute. we can see where the line is, great.

(He went to indicator icon, under the Properties tab, under EMA, the he changed Dash style to Dash and Plot Style to Line) (then he changed plot style to Price Box) I don't want you guys to change that. 

See how quickly the market went from being bearish down to being bullish. In practice I want you to be fearless. There is nothing, the only thing you are going to lose is points out of your ego, I guess. In practice every setup that you see during primary hours in the American open, you gotta take those trades. Look how we break up, now you would fire (sniper analogy) you would have to take the trade right here (he put a X in the EMA the green candle was touching it) right on the EMA. 

The great part about this and the way that its constructed on NINJA, through Chart trader, you would be able to automatically lock in profit once you are up a certain percentage. Now you would be up 10 points (he puts a red line what I assume is 10 points above the EMA). 

I'm gonna have live examples and practice example and live trade examples so you don't think I'm bullshitting. This is key,  If you got in at 40.75 (1194.75)  I don't want you to adjust anything. Don't move your stock, don't move your target, don't close out early, because it throws off your risk to reward.

This is why I have everybody long term invest before they actually trade. Because if you are comfortable sitting in a position 3 or 6 months, for example Moderna was rocky and today it hit an all time high, sitting in a trade is not easier as a result because you've been holding long term positions. When people only trade they are more sporadic and then people that only trade usually have less money that's why I start top/down. You need to long term invest first. THEN turn around from that point and swing trade and THEN enter day trade.

42:49 mark

Let's just do some math real quick. let's say you are doing some small amount of 5 contracts on this move. From 40 to 60 alone, to  80. It's a nice move. This is a repeatable process that you can knock out over and over again. Even from 40.75 if you get out of that 80 ticks you get 2 brand (?). 

You want to sit with your trading plan, your trading plan is your actual business plan. 

43:44 mark

Candle was peach, and of course it flickered back and forth between green and red but once it went to our line, green,  it gave us a place to fire and activate. This is where I say once you get locked in profit and that trailer stop kicks in, you want to walk away, literally get up and walk away from the computer. and let the trade work. You sitting there is not going to make it go by any faster. But 80% of people don't listen and don't do this. So this is why discipline is key. The longer you can sit in a trade, the better. Cause the number one thing you need in a trade, whether short term or long term, the number one thing you need, is TIME on your side. You need TIME on your side. 

I hope you guys can see where the discipline part matters sooooo much now. Because the smallest things can throw off the amount of money that you will make. Then of course, for our big target we are going for 220 ticks, so once that number is reached, we will be at (I know for some of you its almost unbelievable) but you will be at 5500 in NASDAQ, in one trade. With 47.45 we will be up 30 points and some change. So you just have to let your move work. (He's live trading and we are watching the green candle keeps going up).

46:00 mark

The great part is when you use Chart Trader, it'll have what your actual target is, and our target would have been here (puts X on top of green candle by EMA). You are going to strike and get in, to go long. You want to look to buy at that area. It's one of the easiest strategies, SIMPLER IS BETTER. simpler is better.

I am doing this as a frame of reference if I could go back and tell myself one thing, it would be MASTER ONE SETUP. Because one of the things that we will do as investors is that we'll have something that will work and we will keep tweaking it to try to get it to perform better. The indicator is not the thing that is causing us to perform bad, it's our lack of execution into it. So for those of you that are technicians, this is like a variation of a golden cross. It's just with one EMA instead of 2. Because you really don't need a double confirmation if you know what the true trend is.

Like I said I wanted to make sure that I got one action when we started the program  in November 17th so that you can see. 

As these candles continue to print, you want to just let them develop and push up. If the trend changes, so be it. Some of you have asked me, hey should I lock in more profit along the way? NO, LEAVE IT!

NASDAQ moves fast enough where we can hit this target, this is actually an intermediary target for NASDAQ. This is not the max that the  NASDAQ will go.

48:39 mark

11995 would be our exit (in the current trade he's doing) 

The #1 reason that people do not make money in most businesses is because they do not have a process down pack that they use day in and day out. That's why I say, stop taking in so much information, you are overthinking your way out of financial freedom. Silence is key.

Once you know the right thing to study, or look at, and then volume drops off outside of  prime times. So you can trade the American Open then the London Open and you are golden.  Those that work during the day, gotta trade the London.

If you study the treasury bond open and then the American Open, you will get into the routine. Then in your daily homework, of course, your accountability, it is your responsibility to write what the high and low day is everyday for these two. So that you can know what our ranges are. So that you can see that the target that we have set is not impossible to achieve. I know it, but I think sometimes if you you don't know it for yourself. 

So I want you to everyday write it in a journal, with pen or pencil not in a phone. How far did NASDAQ go? How far did the ZB go?

51:11 mark

Let's see how much it pushed up from where we initially entered. (he's still watching the market)

51:41 is the mark where I have question for Alaka

Trading is simple. Mostly when you take the complexity out of it. It's not easy, its not a walk in the park, when you follow your rules. That's why the minimization of trades is key. A lot of people get in at the wrong spot. 

If you don't know how to read candles and read direction, you would say I want to fade this move (he shows where someone would want to get at a higher point than the EMA line) 

If a train is going this way (points up) why would you want your cart to go be this way (against the direction). You want to ride along with the trend, we want attach ourselves to a whale like a school of fish would. We always want to go in the (same) direction. 

And the great thing that I love about being in the rooms (especially alpha/apex room), I love it more  when I say don't get into this move because the  direction is going to change (because those,) its the trades that are bad that cost so much and eliminate progress. Almost everyone can win. We all know people that know how to trade and they win,  and then they give all the gains back.

I ask most traders:

1. Where do you get in, where do you get out? 

2.What's the ideal scenario to trade?

3. How many trades for the year are you going to take?

4. and what's the percentage that you are going to get out of them?

Most people don't have an answer to any of those questions.  They are gambling if that's the case. 

I am so honored to have you guys in the program.  This is your introduction to futures. For those that want bigger wins, bigger dollar amounts  and live trading, help every single day, join ALPHA. I would love to have you only if you are disciplined.

I don't worry about directional changes until I actually see the color of the candle change. I tell you guys not to chase a high. ( some of you say: The move is steadily going up dang I didn't get in where I was supposed to,  I was supposed to get in lower, now I'm gonna chase it,, now its at a high and now its sliding back down you are going to lose, chasing a high). I don't want you to do that. Please wait, wait for your spot.

LET YOUR MOVE MATURE. You usually need 20 to 60 minutes for your target to be hit.

YOU USUALLY NEED 20 TO 60 MINUTES FOR YOUR TARGET TO BE HIT. 

I'm going to ask you to see your notes. I will quiz you guys randomly. If I see you I will quiz you on the spot, I want you guys to get this. I want you to take your earning from this out and put it right back into long term investing. 

Top 3 people that have the highest win percentage after 300 trades, you will get a cash prize. After we go live, the first person that wins 10 trade in a row we will have a 1,000 prize for you.

This is a support/low/bottom all the same. Resistance/high/top  all the same (we don't want to buy here).

Now that we have a breakout, this tells me that we, over the next day or two it has a chance to go back up to here (to the resistance, the green dotted line) . This is being recorded on a Monday so I got a feeling it will go back up. For those that are looking it would either go up to here (a top) or all the way back (to the green dotted line). 

Do I look at news while trading? NOPE. I'll take into consideration if I see it, the DOW is set to do this, etc off the app. But I'm not hunting for news before hand. The great part about futures that I love, it has solid volume, day after day, week after week, month after month, year after year. 

57:12 mark

What happens if I don't get the number of trades that I need per day? it's okay, just stop at where you are. 

As a sniper we are looking to get in at a particular place and not blow our cover. 

If you miss your place, so be it, there will be another day.

After we go up 10 points, we are going to lock in, 10 ticks and just let the market run and now we are protected. So, if we got in here once it got out until the 50 area, we will just lock in a little bit of profit. (shows example of 10 tick) Cause don't you hate when you up in a trade and it slides all the way back down? It's terrible.

58:33 mark 58:52 he starts speaking

NASDAQ moves fast enough to give you more than enough trades in both directions. 

Do not over trade under any circumstances.

Once again, you want one designated spot of where to get into the market. It should be clear on your screen and your screen should be clean. It's just a breakout momentum strategy, very simple. 

I want you to write down how many trades that you need for the year to hit your goal.

Some of you are fine with 12, 12 for the year completed trades with the full target, some of you may want 48.

Color reversal, (the candle was green and was going down and then it turned to red candle)

this is where I taught to get worse. If I was in the trade I would probably take profit on this and let it go to lock out, so then I can then get in a move short here at the same spot (EMA line, equator) and let's say we go short and then go back green here (about 10 ticks down) , I can then go back long.

Once again I will have practice and live examples for you guys to walk you through this so that its not theoretical for you. I just wanted to make sure to give a live example in,  I added this at the last minute. Because when you are talking about the market, everything seems fluid until you are in it.

1:01

As soon as we went to the EMA, it flushed through, for a couple of points.  

So even for those who missed the move here (equator) , if you wait for your move.. Now image if you would have brought up here (high point in red candle when he was talking about don't chase after the trend which would have caused you to buy at a higher point than the EMA) you would have been crying right now.

But even if you missed the initial move, you now have a short that you can take to the down side (candle is red and is going down, about to touch the EMA) You probably can catch a couple of points to go to the downside. 

Trading is easy the self discipline is the hard part. Once you get that down, that's why I structured it the way I did. I want to get the discipline down first and you need balance inside of that.

The temptation is "well, I can make a bigger percentage here using this asset class faster than anything else, so I  should trade more." Nope, cause you can also give that money back. You can give it back.

1:02:45

Look at this whole steady to the down side, if seems like if the market drops, you should know where you want to get in. If it goes up, you should know where to get in. And this is the great part, this area is automatically plotted before (the left side of the screen). You don't have to draw anything.

So even in a bullish market, if you miss your first long you still would have been able to get in and grab a couple of points short, short means down. I'll do an entire video on shorting the market.

1:04

Please show up for yourself everyday, until you get the freedom that you are talking about that you want. Please.

This is a great example too, I tell you guys you only want to fire off at one designated spot because if you chase. So yes, if you missed the move to the downside, leave it alone. NASDAQ moves so fast, you don't have to chase anything. 

1:05:40

Just obey your signals of when you should fire, that's it. Anywhere other than this level here, (EMA, equator)  I do not want you to take a trade.

I'm going to be honest, a lot of people talk to you and give you so much information on the trading side and have you go through so much, to make you feel like you are actually making progress in an area that you are not, to take the accountability off from the actual winning.

Just wait for your spot. Here's the great thing if you got initially stopped out, for those of you that are seasoned veterans, you know you can mark off that same spot that  you got in before and use it as secondary entry for that same exact spot. This is why I give in the time and I lock in too fast is super key, especially when you are doing a smaller number of contracts. When you are doing a smaller number of contracts, give it time to breathe. GIVE IT TIME TO BREATHE.

1:07:19 to 1:08

Keep the community pure, refrain from drama. I want us to trade collectively as a family. If we are all following the same system, we are looking to get in at the same spots.  Like I said this was all recorded Nov 16th. I wanted to make sure I got a live example in, to record the best example of the market.

Those of those that are already into tech (I think he's talking about technical analysis), and these ranges and the pull up and slide back down and go back up, just gotta wait. Just gotta wait. 

Kudos to all my parents, trying to keep son quiet so that I can record this for you guys.

No I don't want you to trade naked. (I think someone asked that in the chat). 

If you look through the paperwork that's in NINJA regarding risk, you want to protect your trades.

That's a good question, someone ask if you see it got here (top of candle like 20 ticks up from EMA)  and it didn't get completely to target and it went back down would you want to close out live? Maybe live yes but in practice no. Because if you want to close out your trades early, it leads to a bad habit. 

If some of you are starting in a place like I did, when I first started I didn't have a ton of money, a lot of times and I can only speak for me, I didn't have the money I wanted because I didn't have the discipline and habits in place to have the financial freedom that I dreamed of. So I wanted to make sure you do the right thing from the very beginning so that so that we don't have to change anything to our existing setup. 

You'll see that there are people in the program that haven't lost in 2 to 3 months in APEX/ALPHA just obeying the same rules and setups. Like right here, (circles top part of a candle) this is almost going back to its previous high, I don't want to buy up here. Think of it as a house if its worth 111,999 I don't want to buy it at 110,00. There's no edge for me there. 

1:12:36 mark

I'll say this too with love if you are not able to hit the kind of targets that you want, you don't reserve the right to change anything. Let the results speak. We are going to move in one accord. 

The great part about when we get in a private room there are multiple spots that we can get in, and then I'll be able to tell you what those multiple spots are in advance. 

This is very possible to catch in a real world scenario, the short to catch this short, talking about during open hours,  and ride it back up, doesn't happen all the time but. (he circled EMA then pointed to the low and then said we could ride it up).

The most volatility is at the open, the American Open and the London Open which will also give us our best chances. Hopefully this experience has been super pleasant for you. I know you guys think that you will have a whole bunch of books and a whole bunch of unnecessary homework, no. 

The main homework assignment in trading, is to trade and TRADE THE EXACT SAME WAY EVERYTIME. 

You are required to watch the market 5 days a week. Or record the open and record the first hour. Come back and watch it during the evening. You have to watch it everyday, no exceptions. I want you to watch every single day. 

I will take you through what we will end up going through today, after this. If you like this video and this kind of breakdown say yes. 

I'm so excited for you guys, this is going to be a lot of fun. I'm going to be hard on you guys, you said you wanted this so I'm going to be very very very hard on you but it's out of love. 

It's 11:54 right now and you can see we got up to a high up here, 95 would have been our exit. I wanted to show you that the point targets that I have for us are within the range of reason. Also, you can see it came up to the same spot as the previous high. A lot of times what you do in certain scenarios because they are not following the same rule set over and over again, you can see after prime time ended, what happened everybody started to take profit, we start to get bearish, the momentum takes a downside,  and look right now first entry here then we turn right back around and have a secondary move right here at the spot which we want. (so the chart shows up trend then it started going down and when he said the entry right here, it touched equator and looks like its going to keep doing down as that's the trend). From 72 we are at 58 up 10 points would have locked in profit and we would just have let it run. 

I'm not gonna give you 9,000 videos. I've always stated that trading and short term investing is a sport. And what is great if you got great discipline you can hit whatever target that you dream of. If you don't have good discipline, you are going to stray away from and want to learn more. The knowledge is not inside the books, the knowledge is inside of being on the platform and being obedient to the spots in which you are supposed to take. 

YOU WANT TO MASTER ONE PROCESS, very simple. 

Hypothetically if you would have stayed in this move, (a move way below the EMA) just for 5 contracts when it would have hit our target you would have had the 5500. That's amazing.

(Goes into disclosure) Even if you have a smaller account, let's say you had a $10,000 account at 50% percent, $5,000 account you would be over 100% in one trade, so it all depends on your discipline, though.

When you master two, just two. Say it with me: ONLY TWO. It makes this process a lot easier. 

THANK YOU, THANK YOU FOR BEING PART OF THE SNIPER PROGRAM. 

THIS IS GOING TO BE A LOT OF FUN.