yo what's good boys welcome to another boot camp vid um again no freaking clue what day it is but hey we're on that grind we're on that uh we're on that Grind Time all right so today we got another psychology vid before before we can jump right into um before we can jump into equilibrium tomorrow which I'm excited for because once we finish equilibrium we can start putting everything together you know show you guys my strategy all together putting everything together um how you can actually execute and I think um once we finish that up
we can get into the psychology vids like trading training plan um like some some things because I'm not gonna lie with these psychology videos I've kind of been like stalling on a lot of information because it's like I want to tell you guys stuff but I can't right now because you don't have everything and you're not even supposed to be trading yet you're just supposed to be learning these Concepts and I haven't even given you the strategy yet so I it's been it's been kind of a struggle with these psychology vids um so far because
it's like you know how much can I give you um you know like before you even know like how to execute and how to trade how much can I give you um until like until like run until I run out of [ __ ] you know until um you know like you guys actually understand how to trade like that's been my biggest struggle so I'm still in Miami unfortunately I want to go home um I was taking a nap so I'm sorry this is getting posted late I've I've really really been um been struggling dog
uh I've been losing sleep um I've been working working myself like I've been working myself real hard for y'all um and it's and it's been hitting me um pretty pretty drastically but it's been hitting me pretty hard um and and you know my uh my goal is to um is to get back to Puerto Rico get good night's sleep and then you know get a bunch of content out to you guys and hopefully it's uh it's some quality content because I really do like making these videos for you guys but it does kind of suck
the life out of you a little bit when you're when you're doing these day in and day out and then also trying to manage you're trading manage three businesses it's it's a lot um and and I'm doing this solo over here it's uh it's pretty difficult but um yeah I to be honest I don't really know what this uh what the psychology vid is going to be on today where we're kind of just shooting the [ __ ] um let me think what have we already covered covered how to take a loss covered how to
take a win um we covered covered greed in the market a little bit um see I wish I could make that trading plan video today um let's think what was something that I was uh oh here we go perfect let's talk about overconfidence bro let's talk about some overconfidence because um today this is this is something that I was that I was thinking about and that I very easily could have fallen into so today we we obviously hit a great trade you guys probably saw the trade recap video right we hit all of our take
profits and you know as a beginner Trader if that if I if I took that trade as a beginner Trader I immediately would have been got would have got back right on the charts and started searching for another trade started searching like how can I turn these profits into something even more and that is a terrible mindset to have that's like that's that's that greedy mindset that's that overconfidence right you need to understand that we're playing purely off of probabilities over here right and damn that damn shoulder vein um but yeah we're playing purely off
of uh off of probabilities and that's what trading is we're playing off probabilities and the lower probability that you have um the the less likely you are to to win right so if we if we go into a trade right at the beginning at the beginning of Market open right based on how we trade that is when right price and time theory that is when we are going to be most probable right because that's where new money comes into the market we usually see a liquidity sweep we see orders get filled all these new orders
that are coming into the market they have to get filled to push price in whatever Direction it wants to right and this is why I always say I only want to take like one to two trades if anything like one trade is best a day because right you're taking that first trade that's super high probability and then everything after that volume starts to die out right um you won't be able to catch the top or the bottom of the move you're catching retracements you're catching lower risk reward trades you have to wait for trades to
develop longer because um they're literally just taking a while to um to play out and that's never fun um so yeah let's talk about overconfidence um and that isn't even like this also isn't even like a like something where um you know like where where it has to do with over trading really because like yeah you can be overconfident and take a bunch of Trades and then lose a bunch of them because you think every single one is like the trade that's gonna make you guess what you're not going to take one single trade that's
going to make you or get you out of that damn hole that you dug yourself in in the first place if anything if you're searching for that one trade to get you out you're literally way better off putting it all on black or putting it all on red bro like a hundred percent you are way better off doing it the gambling route then going through the trading route because one you're playing off of greed you're playing off of emotions and that already lowers your probability because you're forcing a trade that's low probability that you haven't
even thought out that you kind of force your bias upon the market when the market isn't even primed for that um and and it's just going to be low probability and you're going to try and catch a crazy risk reward with crazy high leverage and it'll probably be like your fifth or sixth trade for the day um and that's just stupid okay so how can we avoid being overconfident right it's simple right understand that we're playing purely off of probability uh and also understand bro you are a beginner Trader why are you watching this video
right now because you are unfucking profitable put it in your head that you are not profitable you are not profitable bro you are not profitable so stop stop leveraging and stop taking five trades a day at like you you think you are profitable profitable Traders don't do that in the first place so why the [ __ ] are you doing it when you can't even trade be open and be accepting to knowing that hey I'm not profitable and that's okay I'm here to learn so when you get into the markets with that headspace of knowing
that you're not profitable it kills that overconfidence immediately and if you can sit there and think okay yeah I'm here I'm here to play off of probability and you have to understand yes I'm very very very open to taking a loss because I know at the end of the day once I get learn this skill once I get the skill I will be probable and I will be profitable within the market if you go into the market with such there's there's a very small line that you have to be in when it comes to confidence
and trading there's the overconfidence side and then there's the under confidence side where it's fear you can't get caught in fear and you can't get caught in overconfidence you have to be confident enough to take the trade not overconfident enough to over risk over leverage and over trade and you also can't be scared enough to where you miss your entry and under leverage and you know not taking the trade maybe waiting like too long to take the trade too long to pull the trigger okay and that's that's the biggest thing with trading it's not falling
in the into the Trap of fear not following in into the Trap of overconfidence because if you're overconfident in the market and you think yeah I'm going to be 100 win rate I can take a trade whenever I want and it'll hit take profit or I know how to read the markets now so it's just going to go my way every single time you see how that's a bad headspace to have because then guess what guess what happens when you lose a trade uh oh boom kills that confidence immediately and now you're in that fear
Zone puts you from all the way up here to all the way to back down there because guess what you were over leveraging and over risking now you just lost like a couple you know a couple Grand on your 5K account and you're wondering why that happened for really flow really you know what I'm saying so let's be realistic with it guys give me a sec understand you're not profitable you're here to learn you're here to learn the skill and once you do learn the skill once you develop that confidence don't get ahead of yourself
understand that losses are going to come even if you get a win streak when I'm on a win streak you guys I almost am encouraging a loss I almost want to see a loss come because I it'll prove to me that I'm human again because when I'm on a win streak and I'm winning trade winning trade winning trade lots of money lots of money lots of money that can get into your head really really quick so if anything when that's happening I'm like I know a loss is coming I know a loss is coming I'm
realistic I know a loss is coming I'm not perfect in these markets this is great this is awesome that I'm making all this money but I know a loss is coming so I can't get ahead of myself and you guys need to think the same way especially you guys especially need to think that same way because y'all aren't even y'all aren't even making money doing this yet right if you guys get like a little win streak say okay that's good I'm learning however we have to know that a loss is coming we haven't you haven't
even proved it to yourself yet that you are profitable you haven't even proven it to yourself that over the like a solid course of time that you are going to be profitable Within These markets okay and then when you can prove that to yourself when you can prove that to yourself that you're profitable in these markets remember what got you there remember the skills that you learn to become profitable remember that okay well I was doing everything correctly I was using risk management I wasn't over leveraging I wasn't over trading I was doing everything correctly
to get to this point so why would you change anything once you've proven to yourself that you're profitable and that you can do this wouldn't you want to keep doing the same [ __ ] that proved it to yourself in the first place why would you stray away from the [ __ ] that got you there you get what I'm saying so if anything this is uh this is kind of like a an in-between of like okay be confident but not too confident and also be confident but not fearful okay find that balance and find
how it works with you and your trading whether that means like okay we're taking just one trade a day and we're seeing what my win rate is and we're seeing you know literally if we're profitable off of that and then it's like okay cool if I'm if I'm losing a lot no reason to be feel fearful no reason to be fearful means use a demo right no no reason to be fearful in the markets it means use a demo account you clearly aren't there yet okay Master yourself on demo gain that confidence over them demo
don't get too confident right because the worst thing you can do is prove to yourself that you are profitable over demo and jump into a live account and then once you get onto that live account you understand that you're using real money and you have the potential to make a lot of money and start over risking and over leveraging that happened to me I was profitable on demo and then guess what happened boom go into a live account and not just get screwed because I knew I was using live money and I knew I knew
I was using real money um and I wanted to make a lot of money because I was like well I already know how to trade I was profitable on demo let me just like up my leverage a little bit and and we'll do it a lot faster no bro remember what got you to the point that you're at and and I'm going to be a [ __ ] broken record by the end of this damn boot campus and stop over leveraging stop over trading but y'all need to hear that [ __ ] day in and
day out because I swear to God bro I swear to God I want to beat your guys's [ __ ] ass bro how can you hear me say this every [ __ ] day and just not listen bruh are you that's you bro you're [ __ ] stupid bro you're literally stupid your Mentor the dude that you want to be who's doing this [ __ ] is telling you every [ __ ] day don't over risk don't over trade take one [ __ ] trade a day then I go on my [ __ ] Discord
I'm down 10 today I took five trades wow have you even been listening and then you wonder why you're not [ __ ] profitable and the funny part is you'll go in the next day with that same [ __ ] overconfidence [ __ ] headass cause you just watched another strategy video thinking you found the Holy Grail you [ __ ] didn't that new strategy you found isn't gonna do [ __ ] that that new white labeled ICT Strat that's literally the same [ __ ] thing as everything else he's been teaching no [ __
] disrespect to ICT but he white labels all of his [ __ ] and just rebrands it so he can give you guys another [ __ ] video to jack off to it's not anything new his stuff is great his stuff [ __ ] works like none other but he he's running out of ideas bruh like he's posting the same [ __ ] and just giving it a different name oh Silver Bullet Silver butthole bruh silver [ __ ] butt plug it's a fair value Gap like are we being dead ass and y'all are and
y'all just like [ __ ] gobbling that [ __ ] up and then and then next thing you know you're taking 20 of these [ __ ] trades the next day and then wondering why you're not [ __ ] profitable because you just got so [ __ ] hard that a new strategy dropped and then you go in so [ __ ] confident because ICT or tjr or whatever the [ __ ] your Mentor like [ __ ] gave you a new strategy that you can't wait to try and you just want to take a
million [ __ ] trades because you're so confident it'll [ __ ] work because your mentors do it dog your mentors take one to two [ __ ] trades a day you need to do the same your mentors don't [ __ ] trade like okay I don't [ __ ] trade news why the [ __ ] are you you're not profitable bro you are nice bro like when I go into my Discord and say I'm not trading today I swear to God if y'all trade tomorrow I will literally beat your [ __ ] ass Federal
chairman Powell is going up on the pulpit tomorrow tomorrow is probably going to be one of the most volatile days bruh and the day following the palace speaking to today uh tomorrow and the following day Wednesday and Thursday if you if you think you can weather that damn storm with one not even having knowledge enough of technical analysis to take a super high probability [ __ ] like in the most perfect in the most perfect setting you guys aren't even profitable yet so what why the [ __ ] do you guys do you guys think
that you're going to be profitable trading a [ __ ] Powell speech bro the [ __ ] Federal chairman Powell bro the dude that runs the [ __ ] fed the dude that makes decisions for that [ __ ] and you think that that you can't even trade profitably during regular ass marking conditions during no news guys today we had no [ __ ] news and everyone [ __ ] won you wonder why because it was high probability guess what some of you [ __ ] are gonna trade tomorrow and lose hella [ __ ]
bread or you're going to make hella bread because you got [ __ ] lucky and Powell said some [ __ ] that you probably weren't even watching and you probably didn't even [ __ ] know about and then made a bunch of money and now you think you're the [ __ ] man guess what you're gonna trade again tomorrow and you're gonna get [ __ ] because Powell is speaking again tomorrow and the odds that you get lucky again pretty [ __ ] low guess what if you win again you just screwed yourself if you
win twice luckily you just screwed yourself now you think you're on the top of the [ __ ] world you think you know everything you just over leverage and over [ __ ] traded to like making all this [ __ ] bread now what bruh so if I can get that confidence out of your head okay and don't trade tomorrow and don't trade on Thursday so with that being said don't be [ __ ] overconfident understand you're not profitable you're here to learn understand that damn skill let's get after it equilibrium tomorrow we'll catch you
boys peace
