Panda Notes

Welcome to Red Panda

-Whatever your dream/aspirations were as a kid I want you to awaken those dreams.

 How the course is structured 

1.program is simple, good for beginners

2.give you advice he wished he received from day 1. trading is fun but frustrating without the right information

3. listen to the master lessons, gives you all the lessons and rules that you need to know

4. download Ninja trader8 platform, not deviate from the rules and you will practice, practice, practice

Show me your trading report every single week

5. Watch the Master Lesson videos every day for 90 days

BEGIN THE JOURNEY!

MASTER LESSONS

Thank you for being part of Red Panda Sniper Program. This is Master Lesson Plan.

Why I made this program: In 2018, I had desire to teach women how to short term invest in the market because I knew we would have a correction in 2020. 

***One of few markets that allow you to generate liquidity and capital is the futures market.*** 

For those of you that heard my Episode 70 in Earn your Leisure, as you know I stress:

**LONG TERM INVEST FIRST**

Less errors, high probability of wealth, high probability of peace. Long term first, pair that with  short term investing. I want you guys regardless of what happens in the economy have some control over your life and your financial state. 

In the beginning, the challenges were discipline based: burpees, squats, the reading, the checking in at a certain time. A lot of it is, We weren't given an blueprint. But also, its about how well can we follow a blueprint that was given? Are we following this plan to the T every day?

I made this program to generate cashflow.

THE FLAGSHIP PROGRAM FOR FUTURES IS ALPHA (not everyone can afford that). So I gave a free program. The settings I'm giving us is the settings given in other programs. This is one of the primary tools we use to get into the market.

***I want you to be able to generate money on demand. My goal for you is to master this and have some relief, financially. Once you get this down and are disciplined the possibilities are endless.**** 

Trading has risk. If you don't have money, you should not. If you put the last of your money in the market, you should not. For those that are well capitalized (have money) and can follow a plan you will have great experiences in the market. Market is not easy but it is simple. 

I will always quiz you on the master lessons. This program is free, do not treat it as its free. Take it serious. I want to see if you want to trade as bad as you say. If you want to trade, you will. You know if you want to trade or not. Its totally in your actions.

I'm going to push you. study or not, follow the plan or not, execute the plan or not. I reserve the right to get you out of the program even though its free. I'm going to push you to master a craft. 

The numbers that are able to hit in this craft are almost impossible in other areas. Dedicate the next year of your life to getting this down. 

If you get this and want to hit bigger targets, you can join Alpha and we trade together everyday. 

LESSON 1: Invest Long Term first. For those who don't have money to do both, I understand then invest Long term. I talk about which stocks to invest. You guys know which one are my favorite two companies discuss 'how to have the best 2020' video. Those 2 stocks remain the best of this era. Apple has never drawn down more than 6 percent in one year (outside of 2008). It's crazy. The insurance and protection just on owning apple alone is insane. 

Invest every single month. If you can buy lump sump great, but if not, buy every single month. 

WRITE: I WILL INVEST IN THE MARKET EVERY SINGLE MONTH.

How many shares of a quality company or index do you need to secure your family for the next 5 generations? Average growth of $140 which is not a lot. Play around with the numbers. 

2. Biggest lessons: Wealth is the ultimate goal. Wealth buys you freedom. Time freedom. You want to have wealth, good health, great relationships, and time freedom to  spend time with the people we want to spend time with. 

Don't overtrade, because you are robbing yourself of freedom. 

3. purpose of freedom is to do what you want to do. 

4. you want to be around people that are peaceful, inspiring and full of integrity.

5. There is no shortcuts. Only way to get good at this is by doing this, hours in days in consistently.  Don't quit.  Certain amount of practice trades you will have to take before going live, that will be 300. Study the market for 2 hours everyday. Monday to Friday, 4 days a week in which to practice trade, you will know this like the back of your hand. Build slowly and consistently. Making money is not the issue, being able to retain it is most important.

6. Build slowly and consistently. 

My Rules: For me, something is Hell yes or hell no. if its not hell yes, I'm not doing it. I'm going to teach you everything that I know. 

All questions about trading have to remain in our private trading group. No calls or email, telegrams about it. No IG messages about it. 

I will make time, my #1 priority is Zander.

Time is spent between: Zander, homeschool, do my own research the market, short term invest, long term invest, and be my best self if I'm under a time crunch. 

Promise me you are going to master this.

1st piece: long term investing.

Swing trading

short term.

What is your goal financially? That has to be your North Star to know how much time you are going to put in this financially. Let's reverse engineer from there. 

OBSESSION TOWARDS HITTING THIS GOAL. 

Some days you will want to change things, don't do it. What most people consider trading is gambling. Let this be your training ground. Be obsessed with being great at this. Master this one strategy and it will allow you to do well. 

*You should not trade if you are not disciplined, if you cannot stick to a plan and have bad habits.**

Please that do well are usually athletes, previous athletes and business owners, military (they have been taught discipline). The people most successful here are quiet, executing and doing.

Reason I love trading short term and futures over stocks:

With stocks, we are here to buy businesses and hold them long term.

If we traded 5 contracts (5 contracts is the size I am going to have you all trading) and I made .80 cents on a trade. There wouldn't be any money to move the market at all. If you get a $2.11 move on a stock, you make 11 bucks. With the setup we have here, for NASDAQ when you get your 220 ticks, that same move would be $5,500 bucks, that' just one instrument.

When we trade on the other instrument, 5 contracts that's a 2500 investment you are looking at a 5k return for one trade. The dollar amount is much larger on the future side. and that's entry day. Inside of one day, you will be able to hit those targets after you practice.

You only can use one indicator. Stop using multiple indicators. Master one indicator. Once you see the setup, you will see how simple that is. 

ONE INDICATOR, ONE TIME FRAME.

You should trade the same contract size consistently. If you are hopping around how many contracts to trade, you  are never going to be comfortable with one particular size.

Things to consider:

1.The game is won or loss before you turn on your computer, based on your preparation. Your studying and having your game plan mapped out. Its about process, math and having a competitive advantage.

2. Most traders do not get good at trading because they haven't taken enough practice trades. 

The average trader takes less than 40 trades before going live. You won't get good at what you are doing once you get to 300 you should be able to see the move before it arrives there. 300 is a baseline, people start too early. 

Brokers know when you sign up for short term investing, they only have 60 to 120 days with you. They are going to push you.  The tighter your money is, the worse you will do in short term investing.

You want to win 70% of your trades. You also want a  profit factor of 5 (explained later).

3. Only get 2 practice trades per day. 2 max. 

Trading practice schedule is Monday, Wednesday, Thursday and Friday. 

You will trade in the American Open, for those who work during the day you will be able to trade in London, only on those two times.   

What would you do if you have to hit your yearly goal inside of 3 months? 

You can get so excited about money that you forget to do the foundational work. 

For NASDAQ and  ZB they would put you at 5k win with $2,500 investment.

What is your total if you win 12 trades at $5500= 66,000.

What is that amount at 48 trades a year? 264,000

Best trades key, only trading during ideal times, key. 

***You must Watch the market for 2 hours a day. and look at ZB.**

You are going to start at 720am and look at ZB. at 830am central, 1020am for ZB. 

830am for NASDAQ. Watch 5 days a week, only practice on Monday, Wednesday, Thursday and Friday. 

If you are not able to trade the American Open, then trade in London. 

Start playing with the numbers. 32 trades in a year, how much would you have?

**Read 20 pages a day for the next year.***

**Report your results weekly: inside the site here I want you to put your win ration, loss ration, your percentage ration. Put that in here (where?). Report how much money you would make in a week.

 I can tell if you are overtrading, catching it late based on profit factor alone.

What went wrong and what went right. 

Do daily affirmations twice a day, the affirmation will calm you down. 

Play in the morning and play it again at night. Meditation is aimed to guide you, to instruct you on what to do. 

**Listen to Trading in the Zone once a week. I want you to do this on Sunday. Pick a time. 

have a considerable impact, you are only 12 trades away. If you fire off 12 great trades, your life can change very weekly. I want you to put your all into this. 

Lack of discipline to stick to a plan is biggest reason (why people lose money). Stick to 2 trades, no exceptions.

Look at last 20 years and study the market. See how the market moves and the consistency of it, it makes it easier to see when to move and when to stay away.

**Within one month, I want you to be in position to win 10 trades in a row. First goal for you. 

Only 3 reasons we lose our trades:

We got in too early

We got in too late

We got the direction wrong.

I'm gonna teach you how to read the candle, green means up and red means down. 

knowing the predominant trend, the direction matters a lot.

HOW MANY TRADES DO YOU NEED A YEAR TO HIT YOUR FINANCIAL GOAL?

You have what do trade (ZB & NASDAQ), contact sizes (5)

Only trade ZB from 720am to 820 am.

Nasdaq I want you to trade the American Open, from 830am to 930am. That's your trading plan. Monday, Wednesday, Thursday, Friday. 2 trades a day 1 ZB, 1 NASDAQ. 

When you go live, do 2 trades a week. Get all your practice trades in, and you'll be able to read the market and it takes all the pressure off of you. 

Top books to read:

Money Master the Game, Trading in the Zone, Market Wizards.

More information doesn't set you free. Information is great but its not enough though. 

DAILY ACCOUNTABILITY SCHEDULE:

1. Affirmation in the morning.

2. Check in on IG at 720am, write: checking into the market. I will be a wise and patient investor #redpandasniper

Next 400 days, you pick between burpees and squats, 100 each. If injury or ailment, pick something you can do. 1 workout per day. 

It also takes away the stress, helps from overtrading and you need balance. 

Also I am doing this with you, I'm not going to ask you to do anything that I myself am not doing, and that starts today. If you can train your body to do things you don't want it to do, its easy to train your mind. Train your body to be disciplined and that discipline will carry over into other areas.

4. Read 20 pages a day. 

5. Studying for 2 hours a day,

720am to 820am studying ZB, see how it moves and you will be watching it

830 to 930 a day, watching NASDAQ

6. Study on your own, practice on your own because no one else will walk you into financial freedom. 

(talks about reasons why and his experience)

I still do my research and chart time on my own. I want you to have a gift that will last you your whole life.

7. Calculate the high and low of each trading day. so you can know what the true ranges are, and write them in a notebook.

8. Play your affirmation at night

9. 2 practice trades per day, Monday, Wednesday, Thursday and Friday. 1 on ZB, 1 on NASDAQ.

If you don't have a ZB move, only get one on NASDAQ, that fine. you don't have to force 2. and vise versa (1 on ZB and none in NASDAQ)  if you get 1 on ZB, 1 on NASDAQ, cool.

Only these 2 instruments we are going to trade, these two. 

10. I must take 300 trades the exact same way, every single time, without changing anything. 

If you taking the trade at the spot that is designated for you, there is nothing else for you to do, the same spot. 

There will be no secondary strategy given, you need to master this one. 

HOW LONG WILL IT TAKE FOR YOU TO GET GOOD?

If you have previous experience, it can take 3 months.

For those of you just beginning, maybe 6 months. 

If you stop and start, 9 months probably. So continue and focus in.

The quiet ones and just do the work, do the best the fastest. If you follow the plan and do not deviate, you will be surprised at how well you do.

In live trading room, I  should be able to call on any one of you and you should be able to say where to get and we all get in at the same spot and we should be okay. No deviation.

One place to get in, one predetermined exit, and after we get up a certain amount of percentage points, the ATM should be automatically lock in profits for us. 

These are the only targets you use. I should only see red panda sniper for ZB and red panda sniper for NASDAQ. 

If you change what your target is at 250th trade, then you have to start over from 0. Don't do it.

WHEN YOU GO LIVE/ TRADING PLAN:

8 trades per month. You will trade either Friday or Monday. write which day, schedule you will stick to.

2 trades per week. Until you get a lot of practice reps, because practice should be harder than the actual game. 

If you follow this plan, you should be able to tackle 2 trades a week with no issue and be consistent.

I know some of you had a ball in March, April and May. Future side or options you had some big moves, you hit 30k, 80k, some of you hit a 100k. Then what happened? Market changed and those wins were not able to be there as easily.

Consistency is so key. The great thing is the volume is the same, I don't have to hunt for the new things to trade. I can always trade in here. 2 trades per week. 

Less stress, less risk, more joy

YOU ONLY NEED 48 COMPLETED TRADES FOR THE YEAR.

Only need 48 completed trades for the year. Take the target and see what's 48 of those will be for the year. and stop. and that's just with 5 contracts. Wait until you get into Alpha and you trade 15, 20, 25, and 33. 

You are only 12 trades away from a chance at freedom. 

Trading has a bunch of risk so take time and master this.

Take 50% of the money that you make from trading and put it into long term assets. 

Reason I design the program like this with no fluff and a whole bunch of lessons about things that don't matter is because I want you get right to the practice and trading part. You've read enough. Some of you are doing 3 hours of work already. 

Only trade from 720am to 820am for ZB. Hard cut off. 

830 to 930 central NASDAQ. Hard cut off, no exceptions. Too many of you are getting your ass kicked by trading at non-ideal times. 

Play the audio affirmation while you are investing to keep yourself calm.

The reason I want you to take less trades, sure you can take 200 trades in a year,300. 

You will come to the same conclusion of the sweet spot. All my trades that already know how to trade, 12 trades is nothing in a year. Some of you can knock that out in a moth, in 10 trading days. I want you to have the end in mind. What is a good amount that you can hit and that will change your life? 

12 is a good gear, good initial place to aim.

I want you to take less trades, because those who trade more lose their money.

IN UNDER NO CIRCUMSTANCES, WILL YOU GO LIVE BEFORE THE 300 TRADES. 

Knock out 300 then go LIVE. Don't go live until 300 practice trades are taken. SORRY.

HOW MUCH WILL BE MADE PER TRADE?

If you win ZB, 5 contracts, 32 ticks, that will be 5,000 dollars for 1 trade. 

1 full point in ZB is 32 ticks, 5 grand. 

1 full win in NASDAQ is $5500.

IF YOU GET STOPPED OUT ON PROFIT, HOW MUCH WILL YOU MAKE? 46:53

If it comes back to your auto trail, You'll hear it go (cashing sound) , and you hear stop fill on ZB, 

You will be at 625 dollars.

If you get stopped at a profit it only means the market came back down and you are probably gonna lose so instead of losing, I rather you  walk out with some money and take money off the table.

In NASDAQ you will walk away at $250.

We want to protect losing money on each trade. That's why we have predetermined stop and also a  predetermined level that we will take profit and also lock in. 

NASDAQ stop loss is 20 ticks, Only be losing $500. Say Yes if you are willing to risk $500 to make $5500. And then ZB, you will be risking 1562.50 to make 5,000. Roughly 3.2 times. 

The great part, the stop I have set for you for ZB if you get in at the spot where you are supposed to, very rarely does it draw down that far against you, not saying that it can't (because anything can happen in trading) but if you are trading during prime times it's very rare that it goes against you, that much. 

Let's look at percentages:

If you start with a 20,000 account hypothetically. If you hit NASDAQ 12 times, 5500 times 12 is 66,000. That's 3.3x. If you have 5,000 you are looking at 13.2x return on 12 trades. Having a small account isn't the issue, having small discipline is. 

Of course, trading has considerable risk. Anything is liable to go wrong. You have to know that.

Everything that can happen in a live market you will be exposed to in C, if you take these 300 practice trades. 

Hypothetically on ZB, clean wins all the way through 126,000 off of 24 trades. 25.2x. I'm not inducing saying you will hit that. if you did it on 20k account you will be at 6.3.

If you pair long term investing first then go into swing trading (futures or options). you should be anywhere from 10 to 23 percent. 

2,000 percent possibly. If you haul ass, you can hit 25x even 6.3x can take 2-3 months is amazing. MASTER THIS. Dream of what you want and let that dream be the catalyst for the dedication that you are going to have for this. 

Business will be slow, clients will not come in. business can get tighter, here you have an avenue to bring in money for your business regardless of what happens. 

Whether you like it or not, if I'm able to get in at the right place at the right time, I can take money out of the market and add it to my account.

Track how many green days versus red days you have. Also, make sure you are studying the market every day. Trading habit tracker, I want you to show me. I want to see more green than red or more green than I do blank.

When you take a trade I want you to ask yourself these questions:

1. did you take the trade at the right spot

2. during the right time (prime times only)

3. did you take the right direction (don't short when green, don't buy when red)

4. did you alter anything

5. did you win or lose

Great part is, ZB and NASDAQ don't overlap. So that should be no issue. 

If you have any difficulty with NINJA, email them. I am here to help with the trading part. 

Get the basics down, get NINJA set up, start practicing. 

Here's why I love the 1 to 11 risk ratio:

depending if we're tired or upset, it can knock down our percentages.

If you are risking $1 to make $11, you don't even have to win 10 trades in order to be profitable. 

I don't' want you to do it, My aim isn't for you to do it at 10%, but hypothetically.

If you lose a few trades when you finally do hit your target, it erases all the previous losses and puts you into profit. Now I'm going to be real with you, if you only win 9% of your trades as a short term investor, you shouldn't be trading anyways.  You haven't practiced enough.

Psychology is key but math is more important. You don't have to medicate when you get into your car. if a system works its going to keep working over and over again. 

Because of the movement of ZB, 3/2 risk to reward is ideal. NASDAQ takes off like a rocket having a risk of 1 to make 11 it's amazing. 

As soon as you're done with these videos, I want you to start looking at the market. The more time in, the better off you will be. This is your introduction. If you take this serious, this is a skillset that will last you a lifetime. You can take the capital out of the market and then  invest long term.

For those who do options now you have the whole trinity. For those in alpha, I love you guys. 

The only reason people don't do well is because they are lazy. 

Study this every day, don't miss any days. If you cant watch it live, record it. If you have Mac, use Quicktime. On PC, buy ScreenCastle Matic and you can record every single open and see what is going on. 

Possibilities are endless for those that are dedicated. I have been able to manifest some things over the years, you have seen me. Thank you all for pushing me to do this. Everything else is in your hands. 

Welcome to the futures market, and welcome to Red Panda.