Overview of a Volatile Trading Day
The trading day was marked by significant market fluctuations, particularly in silver futures and ENQ, leading to both challenges and opportunities. The trader experienced rapid price movements, stop-outs, and drawdowns across multiple accounts, prompting a focus on patience, discipline, and adaptive strategies.
Key Market Movements and Trading Experiences
- Silver Futures: Multiple attempts to short and long silver resulted in partial fills, stop-outs, and missed opportunities. The market displayed choppy behavior with rapid swings, making entries and exits difficult. Understanding liquidity in such environments can be crucial, as detailed in Understanding Liquidity in Price Action Trading for Market Efficiency.
- ENQ and NQ: These instruments showed wild swings and new lows, contributing to a difficult trading environment. Despite setbacks, selective long positions captured moderate gains.
- Gold: Exhibited relative stability without significant volatility during the session.
Trading Strategies Discussed
- 1420T (8020) Concept: The trader is exploring the 8020 trading methodology, which focuses on 20-tick targets and 10-point stops. This approach requires precise timing and is primarily applied during the key market open hours. More insights on this approach can be found in Complete Beginner's Guide to Profitable Day Trading: Strategies & Platforms.
- Scaling and Position Management: Emphasis on cautious scaling, monitoring drawdowns (not exceeding 30%), and adjusting stops based on price action.
- Avoiding Overtrading and Chasing: Recognizing the negative emotional impact of chasing trades late in the session and advocating for a more disciplined, patient approach.
Prop Firm Insights and Challenges
- Funded Account Experiences: The trader discusses experiences with several prop firms including Lucid, Apex, Take Profit Trader, and Traderify, highlighting payout timings, account activation, and consistency rules.
- Drawdown Management: Maintaining risk limits to avoid account closures and managing drawdowns to preserve capital.
- Evaluations and Mindset: The importance of trading funded accounts only when in a positive mental state to avoid compounding losses during evaluations.
Mental and Emotional Aspects of Trading
- Dealing with Tilt: Acknowledgment of the emotional rollercoaster when holding large trades and experiencing drawdowns.
- Mindset as a Choice: Encouragement to maintain discipline and patience, recognizing that trading success involves managing both the market and one’s psychology.
Community and Networking
- Engagement with Other Traders: Live chat interactions provide support and shared experiences, including anecdotes about trade evaluations, course recommendations, and industry events.
- Learning from Others: Mention of specific traders and strategies (e.g., Okala’s approach) and the value of adapting techniques to fit personal trading styles.
Practical Takeaways
- Patience and Timing Are Crucial: Waiting for ideal setups rather than forcing entries can improve trade outcomes.
- Risk Management Is Vital: Strict adherence to drawdown limits and stop placements protects against large losses.
- Mental Resilience Matters: Maintaining composure during volatile sessions prevents costly mistakes.
- Continuous Learning and Adaptation: Studying various strategies and evolving one’s trading plan can provide an edge. A relevant resource is Mastering Market Maker Models: Forex, Indices & Stock Trading Insights.
Conclusion
Trading during high volatility requires a blend of technical skill, disciplined strategy, and emotional control. By focusing on proven methods such as the 8020 concept, managing prop firm rules effectively, and maintaining a resilient mindset, traders can better navigate challenging market conditions and work towards consistent profitability. For a forward-looking perspective on building lasting success through trading, see Unlocking Generational Wealth: A Comprehensive Guide to Day Trading in 2025.
live set or be ready
Good morning. Tough OB this morning. >> Not tough, but that's kind of weird.
down 150. >> But now ENQ is melting. the sky.
Let's get the chat up here. All right, who we got in the chat? Let's see. Of course, Mr. Christopher first. It's Eric
Crypto Russ trading invest gospel. O this dump is wild.
Beautiful 15minute RB. There's no news, right? I We're already down 365
since the open. Jesus. Hope I'm not getting sick from that Florida wind.
Dry cough. That was so bad. Windy. Uh Sean, my my luck would be I would
have shorted right there somewhere right there on this candle. Would have been stopped out at the highs here and then
Yeah. I will attempt the first to like a pullback.
I will cuz why not? I have to be careful. I have a short on
this account on silver. Probably switch accounts. I'll just cancel that.
I have a short on silver on take profit. Whoa. What did I do? I cancelceled it by mistake.
Hit my space bar and it cancelled that order. I don't know how. Cancel everything.
Let's see. This might still retest the lows here one more time. That would be better. and bounce
that way. But definitely not a good day for a bounce. Probably follow the trend.
I wasn't around for this dump. I gotta my goal is to start the stream at 9:00 a.m. That's my goal
moving forward because I feel like I miss out too much early on and then it just becomes so
choppy later and it's also frustrating to miss. Although I don't know how I would have traded this. I'm just saying
the move happened already, right? Same as yesterday. The first half hour was insane and then it just kind of died
out. We'll see what happens here though. There you go. Matty Matt, you are good.
Oh, never mind. That's mistrading, not Matty Matt. But you are good. New lows. Insane. Insane.
This is starting to look like uh silver on Friday, huh? Gold's not doing anything.
What a drop. I'm long. The volatility is not that crazy though.
have a good stop and see if we could get like 600 bucks on this.
30 points Actually, of Of course, my ad was at the worst
possible time. There's going to be a trap here now. I have to get back in.
[ __ ] Oh, never mind. You guys got to just [ __ ] short.
So weak. You know they're going to sweep this even if it goes up. But they're going to
have to sweep the lows. Unfucking believable. What a [ __ ] trade. See? Knew it. [ __ ] knew it. They have
to sweep the lows before it goes higher. If it doesn't, I'm shorting. If it doesn't go higher, I'm shorting
this and go with the trend for once. You got to be [ __ ] me.
So hard to trade this. [ __ ] That's what I That's what I'm afraid of. That's going to die out now.
It is going to die out. It looks like it's already Look how much. Oh my god.
Are you kidding me right now? Are you kidding me? Like I'm always in the right [ __ ]
trade at just at the wrong time. always the stop is just in the wrong spot. That's what happened to me on Lucid
yesterday. Same thing. Not good. Not a good day. It's going to hold the higher low now.
Starting to make a base down here. There's a big difference between here and here now. See how this is like more
now basing. I feel like I might be screwed here. I got stopped out on the long here and I
flipped it short and now it's going up like All right, time to
either add and then flip long if it doesn't work or I don't know.
really add draw down will break the 30%. So just going to let it work. Then we're going to just flip long
Yeah, they gota they always love sweeping the lows first before they go higher.
Same thing as unfortunate to miss all of this, but um yeah, I think this is a great long
though. We'll see how it reacts. If it's a good long, it's going to give a lot of um
a lot of opportunity. You don't have to catch the bottom. So, if it's just a fake out, then it's going
to dump. But unfortunately I can't um can't add or anything. So
got to wait. I'm chasing the price too much. I think that's one of the problems I've been
having this week with chasing. You would just have terrible entries and price
fluctuates enough to stop you out or like right now like my entry is here. So like I went, you know, 70 points against
me almost stops me out. So now it's going to be 70 points in my favor and I need another like
50 points to make any money. So it's like might as well get out break even cuz technically that's a 70 point
winning trade, right? If it goes to my break even see if they dump it. Probably they
won't. I have to adjust my stop if I get filled.
I'm going to add more over that. Maybe this will work out. still crazy. I'm still down on a day
somehow. Like, it's crazy how hard it is to make uh Lucid 40% is not over unless um you
already bought five accounts. It's only for the first five accounts. Yeah, I don't know what's going on, but
market is just melting. We're going to have to uh Big bounce. Big bounce.
Holy [ __ ] Huge bounce. That is a huge bounce. That was capitulation right there.
[ __ ] right back down to where I was. Unbelievable. just break even on this trade.
I get the [ __ ] out. I'm flipping long. This was a This was the move they wanted.
I'm so stupid for doing that. I should have just covered when I had a chance. Like I said, I was already down a
thousand or 70 points. So like, how how much am I expecting [ __ ] win, you know? Like
136 points. That wasn't enough. We'll see what happens on the long side. Nicely done, Dustin.
Those accounts are pretty sweet. I think uh Topstep uh Instagram got hacked or something.
It is gone. All the posts are gone. Hi intrigue. Good morning.
Not a great morning here. getting very very very frustrated actually going on Tim.
This [ __ ] market is driving me insane right now. Losing both ways, long and short.
Hoping for the trap here. Let's see if it holds. I need to
I need this to sweep to 534 and then spike back up. And now I got to set my stop.
30% draw down. Not sure if there's something going on because this is a crazy sell-off.
How do you go from one day just grinding up all day to the next day just dumping? Tells you how manipulated the markets
are and just based on like I don't know see metals like I'm waiting for metals
to do something and they're not doing anything. from love to short metals
at the lows. Did really well with that yesterday. I was break even on this account after
being down 1,500 bucks. I was break right here. I was break even. Actually, green probably 200 bucks. And of course,
I [ __ ] held and it just went against me. So, I covered and I flipped long. This a gun is going to be toast by end
of today. That's for sure. Just can't control the tilt some days.
But I will not do damage to other accounts. That's That's not going to happen.
Wonder if I should still add or not. Let it play out with two contracts. So difficult to trade. Holy [ __ ]
You just have to stick to like short and that's it. That's and then you're having a good day. you if you flip or you
stopping out or whatever. Like you just got to stick and don't stop, you know, don't like if you're going to
stop out, you're going to get destroyed too on the short. Oh, now he's having bad day too. [ __ ]
And this [ __ ] market, I swear to God, I'm not going to look cuz I have my own I don't want to add to his uh
I just don't understand how this market could do this. And I wish I knew. I'm not saying the market's bad. I'm just
saying I can't understand it. So, I'm blaming myself for not being able to understand.
Why can I grab an easy trade? Like, it looks so easy in hindsight, you know, just falls apart. Like, every time I get
in, it starts to chop. It happened yesterday. It happened today. looked that nice. Oh yeah, he's
not bad. Tim, that's good. Who am I to tell him I've I've done the same [ __ ]
I'm doing the same thing except I'm just doing on the one account. Like I was literally short. So I'm going
to blow my account because of shorts. That's crazy. I've still got $2,000 in draw down, but
it's not much. But I'm scalping. [ __ ] holding right now. It's the holding of the trades
that's always killing mentally because I had um
all my trades that I took are winners, right? If I if I just scalp, that's the crazy part. All my trades are winners if
I just scalp. It's when I start to hold big wins, that's when I go on like emotional
roller coaster. That's why the traders that are doing that, they need a lot of credit because
that's the hardest thing to do. Being up a lot, being down to me, I don't really give a crap. It's when I'm up a lot,
that's when I start to uh feel the pressure. And it's that's where you're at most risk. That's, you know, like
that's what the pro traders say. It's like you at most risk when you are up 10 grand. If you're up 10 grand and your
stop loss is break even, you're risking 10 grand. When initially when you enter the trade, you only risked two grand,
right? So, let's say you get in a trade, you're risking two grand and you're up five grand. Now, your stop is break
even. You're risking five grand. That's more than what your initial risk was. That's why mentally it's it's
challenging. Still making this trend is still hopefully it bounces for NY.
Yeah, but he's down 1,500 bucks on the 150k account, so it's not the end of the world.
Hopefully, he comes back. I mean, I was just green on my account right here, and now I'm down three grand
because of not taking my profit and then longing and then stopping out like tough and metals are not doing anything.
So, I feel like metals are going to die out eventually, especially silver. Gold, I guess people
always could trade, but silver, I feel like if the hype dies down, there's not going to be a lot of like it's already,
look how weird the chart looks. so many gaps and there's just no liquidity.
Maybe I need a bigger time frame. Maybe I'm on a too fast of a time frame right now.
Go one minute for a little bit. No, it's now it's strong again. So, it feels like bounce is going to come. It's
just you got to time it perfectly where you could use your stop as a as the low and
then hopefully the low is the low because every time I've done that, it still broke the lows.
So, um, well, this was an ad, actually. That was an ad.
See what happens. I wish I won on the ORB. Today, it would be a lot less stressful if I won on the RB, which I
did, but I got a partial fill and I got stopped out on the other one contract. So, it's kind of annoying.
So, RB say I got filled on one contract I mean uh on two contracts and the one contract I took a loss.
That's why I'm down $150. So, very unfortunate. That means I got
ticked. And it was a short Orbeez. So looking back now at the market of on the day,
it's like like really a short orbee that couldn't do it. Yeah, I got I got a Lucid P out if I get
a green day today. So hopefully I could come down a little bit and and get some trades on Lucid.
taking out at least $2,000 would be nice. I mean, $1,000. 50% of the I don't know, guys. Just
Just going to sweep one more time. skipped this week. Why? Hindsight looks such an easy day and
then boom. I got $2,000 in draw down. So I got like a pretty much a 50k account, right? So
50k account with most prop frames is 2k draw down. Basically static draw down. So going to
try to do something with it. I wonder how like FSP since he countered trends how he did today.
really interesting spot cuz we are definitely basing down here. But um there's a 100 point range.
So, it's hard to even enter. How do I come back from losing all my PAS? Uh once you're doing this for eight
years and you get your ass kicked all the time, it's not really
it's not really something that's going to put you down for too long because it's really especially if
you get payouts. If you don't get payouts on it, then I don't know because I, you know, I could only tell you why I
came back when I lost my actual prof uh accounts back in the day. I was going to say prop firm, but those were different
prop firm accounts. Those were like offshore brokers called prop firms that if I I put in
like 3K into it, you know, they give me 30 times leverage to trade stocks with. So, if I would blow that, I would refund
it. But ever since I started trading funded accounts or prop firms, I've been profitable since almost the very
beginning. I kind of got lucky on the first couple accounts, I guess, and I got a payout and then just been
consistent enough to get payouts. So, it's I always say it's much easier to
recover when you know you could do it, right? If if you lose a set of PA accounts and
you've gotten so many payouts in the past, you just know like, all right, just got to restart and do it again.
So, for me, it's hard to answer that question because everyone's in their different mindset, right?
Everyone's in a different stage of trading. But, um, I did whatever I could back in
the day to, uh, just keep going. There we We're getting a bounce. Nutty's going to be fine.
The bounce is coming. Bounce is coming. I just couldn't time it for the life of
me. I'm going to start scalping a little bit to the long side here.
Few ticks at a time. Get some more draw down. I don't even know if I made 100 bucks on
that cuz Oh, Tyler, don't get me started today. This [ __ ] market.
What the [ __ ] Why is it bouncing now and I'm not in? See, like that's what pisses me off. I
tried so hard to like get short, couldn't. Now I tried to long and I still got destroyed. And now it's
bounced. Now it's bounced. I used too much size. That's what it was. Unbelievable.
I avoided all the sell off uh Tyler except I got in right here on the long side.
I added to my win, stopped out, then I went short. Um, added to my short, was up nicely, didn't cover all, covered
here, then I went long, long, stopped out. Just a [ __ ] mess. Oh, so stupid. I am so stupid.
Oh, now I'm on tilt. Now I'm on 100% tilt. How do we just [ __ ] bounce like that
out of nowhere? We didn't sweep or anything. Ah, this account is going to this
account is going to be toast. It's fine. Silver is not doing anything, so I can't
recover on that. Like how was long right here? Like [ __ ] All I have to do is not add and set my
stop to the lows of day and I would have been fine. Uh no, Savage. I don't
scalp. Got to make some scalps. That was a pretty big rejection there.
I'm assuming we're going to hold higher lows by assumption. They're probably gonna dump.
I don't know. I was just frustrated from the very beginning today because of my ORB.
My ORB I got partially filled and then I took a loss on one contract. So was down 150 instead of being up,
you know, full 400 bucks. So that kind of pissed me off to start the day. right here.
So I shorted and partial fail and then bounce. Let's
scap for a few ticks at a time and see what we could do. I should just work on my Lucid account,
but I really don't want to right now. But if I could get my Lucid account to pay out, then that'll kind of
Take off the stress. I'm looking at one minute chart seems so weird now.
The charts are so much more detailed. You're saying Yeah. Heat.
Savage, how do you play that? All right, we're getting a big reversal now
for sure. Broke the trend that held a higher low.
would have been fine. Oh, no. But or be 15 minute or 5 minute. and getting bought up now.
Getting bought up now. And by the close of this candle and get the fill.
Something's brewing here. I guess 11:00 the market closed.
London closed. I risk that much tight
These moves come in waves. I think I'm going to have to call it a day cuz it's not reading the market at
all. Oh, by the way, yesterday I had a garage water pipe leak. The pipe burst.
So, um, yeah, big mess in the garage. I have to finish today.
All this account is blown. Just couldn't do it. Just could not do it.
[ __ ] this. All right. At least I know I'm on tilt. So, will not do more damage today.
Not really on tilt. I'm just pissed off. I can't read the market one bit. trade evals. But trading evals,
when you're in a bad state of mind, trading evals is not good. It's not healthy. I'll tell you why. What if I do
well on evals? I'm going to be pissed that I didn't trade
my PA accounts. And it's always going to be something negative. It's not you're not going to be able to recover. I think
just not trading is the best option for me at least personally. Someone else could say like, well, if you lose, it's
only Eval. If you win, at least you pass an eval. But for me, if I do well on Evals right now, I would
just be pissed that why couldn't I do that on funded accounts? So, it's always going to be like a
negative. Once you're in a B, you know, in a bad mindset, the only thing I could save it is a great trade. And it's not
going to happen right now. This market is insanely difficult. Like I got so destroyed in every single
direction because I missed a clean move. I got into the choppy area.
Did I take any payouts in January? No. Oh, January. Yes. Yes. February then. Uh January I took out trade day payouts
took up I don't know how much let me see price think maybe like five grand price
I don't know I wasn't really looking at it let me see only trade day I got paid Mindset is a choice. Yeah, definitely.
Definitely. I agree with that. yesterday. I was just in a really bad mood because my water pipe broke. Uh my
garage, my garage flooded. Um luckily I came back from Canada. I mean from Canada. The reason why I say Canada is
because that happened last year too. Last year, uh, my bathroom, something happened in
the bathroom with the water leak, um,
which I got very lucky with. And then this time it was my garage. So, um,
so I made, uh, this is what I made on trade day. That might pay out. So, not much like
3,000 $3,000. It's not going to be a good start to the
year. It's going to second half of the year is when I'm going to have to make all my money this year. Um because I'm
not being aggressive. No, the he was on and I had um I did lower my heat in the garage to
like 60°, but that's still plenty, right? Usually
I keep at like 67, but it burst like the it was the outside, you know, the hose
the hose um inlet. So, I didn't drain it. I drained everything,
but I forgot about that one. I have four faucets outside and I did my sprinklers.
I did not Marquez is just I think I'm going to take Okala's course
to be honest. I've don't see why not. I need to become a sniper. And all right, so he uses
I'm just going to see I know some things about it. Go to time seconds 200 seconds. So, it's
basically the reason why I uses 200 seconds is because of um
that's three candles per 10-minute candle. No, I don't think it I don't know if
it's out there yet. But um I meant like course as in like learn his strategy or whatever. I'm
friends with him. So, and he has a Discord. I know that. So, I don't know if he does it in Discord or not, but uh
he is he's recording some stuff for some big channels right now, so
I don't want to spoil it, but um he's working right now in Florida on some big stuff.
I listen to him like talk at BDH and I love this. He's exactly what I always like say. He's got his own his own terms
for different setups. He trade he trades his own strategy. like he trades his own like he's the
best trader and he trades his own strategy. Like that's what I'm telling people. Like it's so hard to follow
someone else. But yeah, he kills it. He kills it. Yep. He's so humble. I had to like
introduce him to uh to a lot of people. So like he we'll be I was talking Jade Cap and um
and Trades by Matt with Okala and he would just say his first name. I'm like this [ __ ] guy
like like it's fine obviously he doesn't you know he doesn't really care but um like you know those guys think that he's
just a normal guy. I'm like, "No, this guy." Like, when I was at the BDH
last year, I was talking about him. I was talking about him at the BDH when I was there in March, a year ago.
I told Patrick I'm like like this dude is there's no one like him and um
there he was on the show and he's he's got some cool stuff coming out and
some big payouts. Speaking of BDH, how did you like the BDH? Bella
SRQ trader, how are you, bro? Nice meeting you in person. Thanks for coming up to me. You caught me right there.
Um, actually, no, I wasn't leaving yet. Nutty was leaving. Yeah, I was still going back upstairs.
I don't know. Bella likes everyone. Everyone's Bella's favorite. Bella is so nice. Can't wait to see
Bella. Am I going to see you again, Bella, before you go? forgot
you're coming to New York again, right? Yeah, have fun in Dubai. Let me know how that goes.
That sounds like a fun trip. Don't know how you guys do it all the time,
but to be honest, I'm ready for another trip. I'm might have to go uh go back to Florida
in two weeks. So the I could go back like the 21st maybe
or the 27th. Uh no, his Discord is private. I'm not even in it.
Um his Discord's private, so it's invite only. But if you're in my Discord, you could
uh talk to him about it. I don't know who's in there from my Discord, but I'm assuming there's a ton
of people in there. I suck at trading lately. Is DJing slow right now? Yeah, it's
slow. But I have a wedding. I have weddings next three weeks. I have a wedding the 7th. This was Saturday. I
have a wedding on the 14th on Valentine's Day. I don't know. I don't know how that's going to work. A
wedding on Valentine's Day. Sounds pretty cool. And then I have a wedding on the 20th. I have three weddings in
February. That pays for um those three weddings will pay for like
three months worth of prop firm accounts. We might need it, chat. We might need
it. I got some more pictures from the from the thing thanks to Bella. I
haven't looked at them yet. Um I can't open them, Bella. It takes me to some Google. No. So,
takes me to something else. Takes takes me to like a login screen. Oh man, feel bad for Nutty.
He makes a recap video of the of the trip and I'm in all the pictures instead of him.
I have pictures of him like He put a picture of Topgolf of me instead of I have a picture of him from
Topgolf. So funny. I feel like I'm getting sick from the
wind, man. trading this 200 tick chart or 200 second chart is so different. Seems so
um spaced out. I know Okala trades the only thing I know he does is he does a 60 tick target
and um 60 to 50 to 60 tick target and a 40 tick stop.
This market is about to hit new lows, isn't it? Where is Miss K today? Miss K. Miss Kay
took a day off. Did someone hear from Miss Kay? This is like the first stream she hasn't been
on. I think Miss K shorted at the top, held it and said, "Screw this. I'm
retiring." She's retired. She like, "No more." All right. So, we're approaching the
lows again. Do I have a code for bullnocks at the moment? Uh, I don't, but I could get it
for you. They have a 90% off. I got to get I got to get back with Bull Knox cuz
Wow, they have 89% off. Yeah, I got the pictures. Now we need to download
All right, download this. Here's the uh
here's the moment right before Nutty got denied for his mashed potatoes.
I was sitting like in a corner. My chair was broken, but um it's all good. Um,
Lumi didn't get her food. A better picture right here. My face is so round. I'm I need I need
to uh Get back in the gym. Do some cardio
interview. So, this is uh the Apex booth. Apex had the best booth for sure. The
best looking one. I thought this was AI, but apparently it's not.
This is me checking out all the ladies at the after party. No. Where is this? Where was this?
Yeah, this was the after party. Yeah, the the goodbye. I know. This is at the last party of the
trip. So, I guess I got rejected. I don't know. That was a peasant in that room.
David, this is the guy. Well, I don't know if it's I don't know.
I don't know if it's Bella or David, but they're the ones that give us the giveaway accounts. So, thank them.
Yeah. So, me and Nutty had a nice uh talk with uh wealth charts. Yeah.
You need to change your Instagram profile pick to you and Tori. I don't look good in that picture.
He's cool. Is that a Rolex? Did I see Okala Twitter post? Uh, which
one? Just now. He made 50k again.
I love I love to see his entry one day.
He bragged on her edgy about getting but a Rolex for her is like an Apple watch for us, you know.
Unless you got one of the exclusive Rolexes that cost a lot, but a Rolex that cost 20 grand for her, that's like
Oh, yeah. Okala is LA's on the mission. I'm going to help that mission. We're going to make the
8020 the new ICT. An idiot Sims paid for that. Well, I don't know about that because she
makes her money not just from people. Okay. She makes money from brands and brand deals and sponsorships,
not just her. I guess she has a course. I don't know. I'm assuming.
But um about trend lines, but uh yeah, she makes a lot of money from other things.
2K. Damn. Like a course for like 100 bucks, 200
bucks. I'm like, like if you think about it, that's like one PA account activation, you know,
so who cares at that point? But once you get over that, you know, $500 to $1,000 mark, it's like, hm, is
this course really worth it? So, his entry was his 10-minute chart. So, let's go to the
10-minute chart. Let's try to um break down his I need to add this time frame here. Can
I do that with that? And then Yeah. So his entry was here somewhere,
right? Yes. So it's some something with this. So at 80 level
it didn't breach. So I guess there's something to it. Reverse engineer column. Well, he's not
it's not a secret. He's not hiding it. He is he is doing it um
in his discord. live stream sometimes and 940 candle.
Yeah, I see that 720 Yeah, definitely. You can't just copy someone's strategy. You have to kind of
just understand it and make it into your own. You have to give yourself a reason to
enter a trade, for example. That that's kind of make it making someone else's strategy your own.
But yeah, hit that like button, guys. Always giveaway is possible if we hit enough likes.
Gold is ripping higher. Silver is not doing [ __ ] But
I'll also take a long on silver if it decides to break out. So the patience alone is uh
it's tough. Try using 100 second chart. What?
But I'll say this. I've never heard of anyone using like a odd second time frame.
like 200 seconds doesn't make sense until you realize that it does make sense when
your second time frame is a 10-minute chart. So,
uh can we got to do another chart? We need them side by side.
So, let's see. 10:30. just don't know where the entry would
be, especially since uses a 10point Stop.
Trying to see the second retest would work. Like I wonder if right here it would
still be a setup. I'm just patiently waiting to see if it retests.
Not sure. Watching a bigger time frame makes the markets move so much slower. Silver is not moving.
Let's see. A retest is low. Makes a wick. I'm assuming it's not the same as as
this, but that's why context matters and and setup matters,
not just the levels. Yeah. So, there's a lot of talk about deep charts I'm seeing on social media.
Well, that's quite expensive. That would be pretty cool to have as well as an option, but just so expensive.
So, this 10-minute candle is about to close. It's way too tight.
Like I don't know what the entry would and I also know he doesn't trade all day.
He prefers certain time frames like early earlier in the day like the first hour
probably of the New York open. Yeah, Javier, that's the best part. Same day activation on Lucid is pretty
badass technology that they have volatility. Yeah, needs that instant snap.
is TPT payout delayed? Uh why would that be delayed? I got to trade my uh trade of ad val.
I've had them for so long now. Last time I traded them was probably a week ago.
There's so many spam emails. It's crazy. pass this morning. I still can activate my 50k. I wish I could lock it out.
Uh Clyde on Lucid, are you sure you that you're within consistency rules? cuz
log into the dashboard and see cuz cuz maybe you maybe you didn't pass just to make sure
Clyde not sure. It's not the
well no because the the dashboard should update quickly. I can make more than 150 a day in this
case on Apex when I'm able to request into my safety net. Do I need to keep the 30% consistency rule for 500 from
5200 to 527? I am not understanding that question. Can you uh rephrase that question
please? Yes, it's total profit. So you should make Yeah, you should be
able to make more than 150 no matter All right. I guess we're making new lows.
Oh, I got filled on something. Oh, silver. Silver tanked.
Is my target a little bit too far out? Yeah. Seems it
was close to getting my target, too. This drop came out of nowhere. Oh, come on. Gold. Uh, silver.
Don't do that, please. I had that order out so long from so long ago.
Ah, [ __ ] Whatever. One pro account gone. I think taking the short now would be
great. Take profit support is dead. Okala
20 ticks on that. Uh maybe I'll get lucky here. Let's see.
Nice day for you. We were trying to um re-engineer your entry point.
At what point do you enter? So this is the right this this would be like
10:30. What was it? 10:30 10:40. Yeah. So that'll be the close.
This is the close right here. three candles. It's a 1040 retest
and no breach. This one Okala kills it every day, boys.
Oh, am I going to get lucky on this? Please. Yes.
Got it. Yeah, should have just shorted now. 8020 is going to take over, boys.
My stream title is going to be trading 8020 concepts and we're going to get more viewers than
ICT concepts. Just watch. Give it a couple months. Yeah, this would have I would have just
waited that would have been nice. Would have been much easier. I had that order out
since like overnight session. Yeah, might be not overnight, but overnight I
was trying to go here, I think. No, here. I had this order out since the open,
though. I just forgot about it. When everyone starts trading that, the edge disappears. Yeah, it's that's the
scary part about markets. But I think the bigger problem is when
everyone starts trading now, their prop firms go out of business. No, I'm just kidding. It's not It's
never that easy, guys. It's never that easy. Still takes skill. It still takes
discipline. Discipline is probably one of the hardest things. You got to wait a long time.
Yeah, I've been doing this the wrong way the whole time. I use a computer. I don't know why. Who needs a computer?
But the fact that you could do it on the phone, Okala, is just the most incredible thing ever. Like
we always say like the day trading is like a scam. Like the lifestyle is a scam, right?
It's advertising. It's uh it's marketing tactics, you know, you get that freedom to travel and do
whatever you want and you could just trade on your laptop and and make all this money and
he's actually doing it on his phone. Yeah, exactly. It's a lot more to it than just
the levels are the starting point. takes one day for it to uh for it to not work and people blowing up
and stuff. It's not 100% win rate as well. So, it's like, how are you going to
react to a losing day, to a couple red trades? It's never that simple.
I can't wait for the two episodes, Aala. I can't wait. I literally watched
I think two episodes total. One of each one of each show. I'm not gonna spoil too much, but
but I'm going to watch. You'll be the second one. Second person. Wow, silver is dumping, boys.
could have gotten a payout here. Unbelievable. So choppy all day and now it's it's
going. Maybe we'll get another trade on it. Need a bounce,
set a level, and then I'll short again. Yeah, Patrick Okala. Patrick was telling me before you got to the game, he was
like like I remember you talking about Okala. I had no idea who he was. You were talking about Okala at the BDH. So
when I was down at the BDH, um I was talking about you. And this is a year ago now.
O and Q. So would you be looking for another trade today?
Let's say the momentum picked up or are you done for the day? Oh yeah, that 10point stop. That's what
that's what scares me. I don't know how you do that. Got to be so precise on the entry.
Do you have to pay for data with Apex? No, you don't have to pay data for any prop firm unless you want level two. If
you want level two, then you got to pay. But level one data, which is what most people use, is free with every prop
room. You should never have to pay. Sometimes if you go live, you might have
to pay. Yeah, it's going to be a good time. I know you love Icala. Got you got to
tell them who you are. Don't let them think you're a peasant in that room.
I know you don't care though, but it's just funny. It's like But you met some people, so they should
know who you are now. next year at the um next conference. Aala is going to be on
the stage. Watch. He's going to be on the stage. Today I became a peasant. Uh, a couple
of my accounts became well, one of my accounts became a peasant. I got unfortunate fill on my RB. So, I'm
red on the day, but should have been green. Should have been green.
Can we put a Koshi bet on that? SRQ trader. Can we put a KI bet on that? We're going to play a little scramble.
Me, you, and Nutty. You're going to be the first guest on the
Nish channel, his golfing channel. Trying to break I don't know, maybe par. I don't know how good you are, but
breaking par with viewers. That's going to be the uh series on Nutty's YouTube golf channel.
Going to be a good time. Uh, what's your handicap? I didn't ask you that, but
video. >> This is the only video we have of the golf.
>> Can I pause the video? I'm not sure. So me and Aline on Friday afternoon we went it was very short notice so we
basically didn't have really many options when it came to golf and yeah we did finally get a tea time
at this golf course but the golf course was in terrible shape terrible Yeah, that was the worst golf course
I've I've seen in a while. So, if it's the best course, how are the
greens brutal? How do you judge the course? Based on the conditions or all right, silver is bouncing a little
bit. Well, not three, Patience, patience, patience.
No, he doesn't play golf. I'm gonna play golf this year with um definitely with
volatility trading Tim. I'm going to play golf with this guy PJ Trades.
So, a few YouTubers in the area Didn't PG just move to North Carolina,
South Carolina? I don't think so. I mean, he could have making crazy
money. This was a surreal experience. That's a good edit.
Patrick's guy is pretty good with this. Patrick was betting on the game. Hello and welcome back to the PJ Trades
office. Yeah, we've moved to North Carolina. It's been very hectic, very busy getting everything organized in the
house. Yep, he moved. Yeah, they're uh there's one guy that
was like 5'7, but um I just can't imagine go like I looked at prices of the courtside
tickets for the Knicks. It's impossible to get courtside tickets for the Knicks. But even like courtside tickets over
there, it's like $4,000 a seat. Patrick spent a lot of money. He is a crazy dude.
Can't thank him enough for the invite. Oh yeah, it's a write off. Of course it's a write off.
Even if he went by himself, it's a ride off. He makes content with it. All right, let's see. Silver is
approaching. Maybe another trade. Scary, but uh I will take it. I might take it on uh Lucid as well.
I might do on Lucid as Oh, heat. Lucid said, "That'll be a payout.
That'll give me a nice payout. Which stock is pulling down in Q? Well,
I'm invested in uh some of the top ones. So, let's see see how much I'm down. Damn.
$1,600 down. So, I would say Nvidia looks like the one. Apple's okay. Tesla's okay. It seems
like Nvidia is the one. That's I guess not yet. New lows. New lows on NQ though.
Alpine, not yet. No, no giveaways yet. You guys have been slacking on the likes cuz Miss K is absent today.
But if we get to uh 200 likes, we'll do a giveaway. Thank you. Dropping lower
Come on, silver. You could do it. Silver needs to drop. Tony Cash says, "I bought one Lucid Eval
and I bought Quantara platform." Thank you, I actually got a request to pay out from
uh Quan Tower because ever since I got Quan Tower affiliation, I've not received
any uh any payouts. I think I'm up to like maybe $10,000 now in two and a half
years. See It's not letting me like check
Okay, silver might make an attempt again. Crazy
one contract that could have made 10 grand right there. I appreciate that guys. Thanks to you
guys. I was invited to the MOT event. Yes, there's activation fees on Apex.
That's why the evals are so cheap. All right. Thank you. Still falling apart.
We've reached the 380 level. See falling. Maybe we'll get to 320s.
Today is a wild wild day. The fact that I've only blown one account is pretty pretty solid for my
um hysterical performance on days like to say. We'll see. How'd you do, Tim?
Sounds like you recovered your day. I don't know why I feel like that, but I feel like you recovered your loss.
Um there's There's no way that
it would tell you you if you break the trailing draw down, you just get killed on the account. The account is closed.
You won't be able to trade it. And if you're able to trade it, it's not broken.
Um, not 100% sure. That's one question I'm not 100% sure the answer to because I've heard that the consistency rule
applies to the second payout window only. I pretty much trade the same way always.
So, for me, I've never experienced that. So, I'm not sure. I wish Apex would be clear about that.
Um like on other prop firms you could see your consistency
on the dashboard. Well, the two factor is there's a reason for that. They need that.
Too many accounts got maybe hacked or whatever. Oh. Oh. Oh. Getting close.
We are getting close. And we are in. And we are out. [ __ ] yeah.
Is Okala Polish? No, he is not. He's European though. All right, we got to pay out secured
boys. So, I could take out half of that. So, $1,200. Almost as good as a Kala.
Almost I want to take it again on this account. I would love to get this to a payout.
I'm chasing it now. So, let's see what happens. Yeah, I made $1,500 on this account and
750 on the other one. Silver is wild. Like, look, I'm down $1,200.
Silver is just Insane. Very risky though. Obviously.
Come on. Give it to me. Nope. So close.
Come on. There we go. Got it. All right, 34. So, still not a payout, but
um yeah. Well, the point of it is that when it breaks the lows, it's going to flush a
little bit, right? So, that's like the the concept behind it. And it's been working. I passed a couple evals with
that and um made Um so all this profit this profit is on is
on that this profit is on that and then lucid as well. So I'll be able to take out half of this
payout or half of this profit. I'll take out a you know I pay out just to pay for my accounts. Take the money when you
have it I guess. No, this is very risky. It's definitely not one to one.
Don't follow. Don't worry about it. could defin have definitely made a lot more. Yes, could have made
a [ __ ] ton more. Could have gotten it pay out on take profit.
Ah, going down. She going down. if there's another trade. I'm going to
take one more Damn, silver is nuts. on silver. No, no. Stop.
It's like generational opportunity, I would say, on silver. Who knows when it's going to come back. High risk, high
reward. I mean, these little moves are $1,500. Like, you can't use a stop like that
because you're going to get destroyed on the spread. All right, let's see what NQ is going to
do. NQ is just much more controllable, right? could try to make more on
Lucid, but I want to take the money out and just buy more accounts with it. Yeah, ENQ is deadly today, guys.
Nicely done. 40 points on the way up. It's all you need.
Long as you're green on the day. All right. Little bit of a bounce. I don't know how to trade this to be
honest. Just trying to kind of visualize the 8020 strategy,
but A bit tough. Yeah, NQA is just not a long. It just keeps getting
just scalp it short every time it goes up. How are you guys doing? Everyone
surviving? Everyone's good. I'm sure people got destroyed, but uh if you got destroyed today, don't
don't feel I'm going to be right back, guys. I need to uh
I need to like grab something to eat. Let's go. Go make a waffle. Give me two minutes. I'm going to check
out my garage, too. So, yesterday my water pipe burst in my garage, so it flooded my garage.
I cleaned some of it, and then some of it I'm just letting it to uh to dry on its own since I have heat in
the garage. Two minutes. I just ate
two waffles with blueberries. That was good. Hope the uh home owner's insurance
covers the pipe damage. I mean, it's minimal damage. It's fine.
Nothing I can't fix with my dad. going and take one more short. If I win, then it will be a
$1,000 payout. Close to a thousand. The city does not allow us to repair
anything without a permit. How would they know if you repaired something? rhythmic connection or platform
connection through rhythmic. What does that mean? What? What? I don't know what you mean
by that. You have to log in to whatever you're trading. They don't know. There's no way they
know. Maybe fix something small. Yeah, I should probably call it a day. I
have meetings, but I'm going to hang out for a little bit more. I have meetings at from 6 to 900 p.m.
So, long day ahead. Damn. That's uh that sucks. Not here. Here you can fix
Here you could fix stuff. Works a lot different when it's uh two family houses. If you own like a two
family home, then you got to report more things obviously cuz there's someone else living in your house.
Wonder if silver is going to drop one more time. Hopefully it does. And here we're waiting for
I don't know. ENQ is just wild. Say might just not bounce. Yesterday's move was huge, too.
But look how much time it took to go up. Well, I guess it's the same. like eight hours and do sell off
the time I guess but obviously this is after hours Well, this is an indoor pipe,
so you could fix it. I got very lucky I didn't stay in Florida one more day. I was about to
stay one more day. And this happened yesterday like not long after the stream. The pipe
probably burst during the stream and um I noticed it. My mom came by
and I was getting something from the garage and I heard like the noise. I'm like,
"What on earth is this? They were fantastic. Showering stream all over the No, just
in the wall. Leaking out of the wall. I actually uh Take a picture of the damage.
I always send pictures to one of my friends on Discord and I pull it up here.
So, the pipe goes behind these panels. That's why we put those panels there
because it kind of sticks out from the wall and it goes into the wall outside. So, it was leaking through here and like
dumping. So, all this underneath was wet. It still is probably I took off like half the floor.
This was when I started cleaning it. I took off like like down to here. I I took out the floor and then um I
cleaned it and then I realized it wasn't that bad. So I just put the heat on and um put the heat on to 75 and should
evaporate. It's just clean water. So yeah, that was my day yesterday. and Q not dropping
silver also steady. had my change with silver, I could have definitely gotten a payout.
made 3,400. Could have easily made 10 grand. Um, drywall,
but the wet was only on the bottom. So, I won't know the full damage until
springtime when I'm fixing the pipe. No, silver is bouncing. Haven't looked at gold. I took gold off.
I need more charts. I could have recouped my losses on silver, but
only risked two accounts. I got my lucid payout. That's all that matters. That's all that matters.
It's going to be 50% of that. It's like $1,100, but first pay out of the month.
We'll take it. I'm going to buy more eval with take profit actually now because I need to
start doing them of the free ones actually. So I need to pass two more. I need five
take profit trader accounts. Come on and flush one more time to 320 or 280.
Let's see the 280 play. All right, let's see what what it does.
Got five minutes on this candle. So, like a flush 280 would be ideal.
Even 220. Oh, yeah. 220 here would be sick. 180 even. Oh, look at that.
uh slippage with Lucid. I haven't seen slippage on what insiders trading futures respect the
grind and keep the faith. Thank you. Thank you. Hope everything's well. Yeah, PW is awesome.
Great time with Patrick at the game. Uh, Edward, but how is that possible? Are you using market orders?
because how else would there be slippage? I don't understand. That's
Edward. How long have you been trading? You have to hit the bid. So, let's say
let's say you're short, right? If you're short and you see $110, you have to hit the bid to cover. You can't
hit the market. Okay. 11 years. So I'm what I'm explaining to you should be obvious. So
maybe not. So I'm not sure then. I don't I don't think it's it's the volatility. I think I don't think it's
the proper but could be Big wick. Big wick here. So just trying to see
any important news that created this drop. say I haven't seen anything though.
I actually gota got to check on Lucid if my trades are not under 5 seconds. I don't think they
are, but I didn't think of that. Wait, today is day number four.
Oh, today's only day number four, so I still didn't get the payout. I guess yesterday when I looked, they already
updated. That's a shame. Whatever.
We'll do it again tomorrow and get a bigger payout. Uh, did I perform better copy trading
all the accounts or trading them one by one? Uh, it's hard to say. Okay, I would say the biggest payouts I've received is
definitely when I was copy trading all the accounts or most of all the accounts, but I was in a very hot streak
and those are definitely the biggest months cuz now I'm trading a lot like one by one or just couple accounts at a
time and I feel like I'm so far away from payouts. the goal this month is to get like six
to 7,000 from Apex. Maybe actually the month just started. So maybe like 10,000.
I need 10 grand this month for sure from every prop firm. But if I could get 10 grand from Apex alone, that would be
good. I might just call it a day. I don't know.
Oh, wait. Silver is dropping. Silver is dropping, boys and girls. Let's see. Can we get to a payout on
this? Maybe on this account. And I'm going to try to pass a Fidious.
No, I'll try to pass a Box. Why not? See, here's comes the big moment, guys. Can we get a payout here on
take profit trader be a $2,000 trade? Did that Manu just Anku is ruthless here. I
have silver up on the other chart. So, I'll put it back in when it's getting close to getting filled.
going to give everything back. It looks like it looks like it's going to be one of
those days where the day closes at the low day. Really, really hope silver dumps.
What the dip at ENQ? Good luck. I don't know what do you see here, but good luck. I
have no idea what it's going to do. I tried longing it earlier. Just didn't work. I tried to short it. Didn't
work for me. Got stopped out. Oh, silver and silver we trust.
We can't trust Lucid. Why not? Lucid is one of the most legit prop firms out there right now. I would put them in the
top the tap category. I think like
take profit trader, Lucid, Traderify the most trusted three at the moment. Apex obviously I'm not going to put in
that category because of the few things but um you know top step lucid tradeify
take profit trader I think those four the cool thing about Lucid is if you pass eval
it will activate the same day. So if I passed an eval right now, I could activate it right now and still trade it
today. That's like awesome. All right, we're approaching maybe 280s.
Apex is okay if you don't break the rules, which I know is not the easiest Best.
Can we break 300? Can we break 300? Silver just stuck right now. So it makes a base. That's actually pretty
good. And this trade will get me to a Oh. Be greedy on it though.
See what happens here. This is not How much is the ticket on the court side? Uh between 4 to 10,000 I would
say, depending what game or whatnot. But I don't know how much Patrick paid for
those tickets. It was not cheap, that's for sure. and keep still falling.
I'll take the break of lows on silver here one more time and see if we could secure a payout
on take profit trader. So, take profit trader got rid of pro plus accounts for the moment.
So, I'm trading pro accounts. Well, I don't think that game was for for $10,000, but I would say at least
three 4,000. Maybe he got some kind of deal, but maybe he bought them used.
Maybe he bought them last minute, but no, he had them for a while. Oh, I meant to say pre-owned as in like
on the used market. Not used. What's it called? Secondhand market. 8,000 per
ticket. He out of his mind. camera went out.
Why did my camera go out? Resale. There we go. Immigrant.
Um, English second language came out right there.
Let me try and fix the camera really quick, guys. Not sure but my camera is not turning
on. So Carbon Knight. That's a good uh good
bias flip. Congrats. Sorry guys, the camera is broken. I don't know what happened.
Jason just blew his account. Oh man, I blew one as well. It wasn't the bottom though, so
I don't know if my camera overheated because I have my heat up a lot. Won't turn on. Usually I could reset it. Maybe
that power brick died. The charger brick. Did my mom cook me something good
yesterday? Yes. She cooked for today, too. So, I'm going to go and make that in a bit.
bullish trend day, range day, and bearish trend day. Well, it could also be um a very large
range day, which is almost the same thing as a trending day. Um,
it could also be choppy day, which is a small tight range. All depends.
Well, it's like they say the price could only go up or down, right? It's you have two ways of trading.
Price could go only could only go up or down. Yep. It could be this everything on the
same day too because depends when you trade, right? But today is definitely a trend day.
That's for sure. That's for sure. All right, let's see. So, silver is
bouncing a little bit. Um, what kind of issues are you having? Interesting.
Okay, we're approaching 280. Oh yeah, let me know what issues are you talking about.
You could email me as well. I got close to payout. They sent me an email basically saying that my account
is at a higher than historical balance at the stage in the account. So they give me all types of hoops to jump
through. Still waiting for my silver trade. No road trades. That sucks.
Yeah, she's still selling off. All the all the gains from yesterday gone. No bounce today.
I'm I'm wanting uh silver to sell off a little bit more. Hope it does or get me a payout. If it
does Damn, almost 2 o'clock. I'll be calling it a day here shortly,
guys. My camera is not working. I got to fix that somehow and let it cool off. And uh
yeah, me. Um just just unplug it. Plug it back in. I got to see
if the camera brick is broken. I don't think it's getting any power. Oh man, I don't have time for people
like that. Uh, can we do a giveaway, guys?
No, I'm not going Dam, where what are you on, dude? What is wrong with you? What?
All right, we're going to do a giveaway, guys. Y is going to send me um 100K worth of payouts and we'll do a
giveaway. He is he is the best trader apparently. But yeah, when you attack other people
like that and you think you're better than everyone else, I'm going to ask you to show me
Typical. Typical. Typical. He's leaving now because
why do you think he's leaving, guys? Oh god, I love people. Why do Why do other people got to bring other people
down? Oh, wait. My silver trade is getting close.
Are we going to get failed? Do I have a favorite prop firm at the moment? Yes, take profit trader.
Take profit trader for sure. Well, I got close to getting filled on silver, but no no no dice. Ank still
falling. Anky just going to keep on falling. I mean, we got two hours left, but I'm
assuming it's going to be one of those days where the um there's no wick on the daily chart.
Um I try to pass halfway. um try to pass halfway fast and then I split the second half
into four days. That's like my perfect way to pass them. Now, Apex pays for sure.
It's just the rules are tough. But that's the benefit of 20 accounts, right? So, if you don't need 20
accounts, then you don't need to worry about Apex at the moment until you want to scale up.
Kyle, yep, I I understand that aspect of it, too. Even though it's a down day, it's very
easy to get caught chasing and then these moves are massive. I'm using a long time frame now, but like that's
that's a 120 point pullback. You know, this is a 80 point pullback. So, if you don't
get it perfectly, I mean, it's very hard to trade. I mean, I got it perfect one time and I
still got stopped out cuz I held it too long. out on silver.
Silver balanced of the lows. I've not tried an inside bar indicator. Nope.
Silver is currently at 83880. Um, almost got triggered there. Good thing I didn't, but it didn't break the
lows. So, actually did by a tick. I don't know, guys. I might call it a day.
Even though NQ is still dropping, it kind of keeps me interested to be honest. I'll definitely watch it still
on my uh on my laptop, but I don't want to bore you guys to death.
I do have appointments today. That's why I'm kind of like thing is like if I stream till 4:00, I
got to eat and I have appointments till 9:00. So it's like then I have no break. I'm slaving basically in front of the
computer. But um still Here. approaching 20.
So, we got 180 at the low, previous day's low. Damn, you got a 110 point trade. That's
That's impressive to the long side. That's like Okala. Okala got like uh 140 points.
Impressive. to the long side. Unbelievable.
There's a chance. There's a chance for 8020 trade. Maybe Stiller still has a chance as well.
going back down. This would put me at a nice payout for the day. Started this account zero. I'm
up 3,400 today. See if the camera works. Oh, work.
Yep. Camera is back. I guess just overheated. Is there a consistency rule with CPT?
No, there's not. I really, if I make the profit now, anything over 45, 500 is mine. I used to be a Pro+
account trader with them and right now I would be able to take out 3,400 if I was with the Pro Plus, but um they took it
off for now due to the increased margin requirements.
Oh, getting close. Yeah,
that was a close call. I'm going to move it down a tiny bit. I wanted to flush
blade. So, the margin on silver right now is $80,000,
I believe. One contract. See the light in darkness. No dice yet.
Got to keep on looking on. Thank you. How much time we have? One minute left on this candle.
We're the music at the moment. Well, actually, we might. It's coming back. Silver is teasing us. Come on, flush it.
It breaks the lows of day. I hope it just flushes hard. So, we get the payout or we blow the
account. Uh, there are pop-ups on Quan Tower. just you got to go to notifications by
the um where is it? Oh yeah, notifications and then go to
settings and then turn off this still in this, but it's not looking good right now.
Nope. Do the account. Well, it was close, but that third time it didn't work. Worked two times. Third
time didn't work. Unfortunate. Of course, right before payout, it's
always like that. I passed two evals. I've traded other accounts like that. This is like the seventh trade I took
like this and this is the one I needed to work to get a payout and it didn't work.
H so unfortunate, but it is what it is. All right, that's going to be it for me though because
that was the trade I was waiting for. um didn't work and uh 150,000 well silver futures on Schwab are not Schwab is not
a discounted broker. So on like a discounted broker it's like 80,000
but well silver [ __ ] me. Oh, well, next time I'm just going to hold that one
initial trade. Maybe could have gotten a payout easily. Just I have my real money. Yeah, I know. But
Schwab is not known to be a futures discounted broker. That's what I meant. Okay. 220 bounced here.
But anyway guys, I'm going to go and make some food now because it's been a long day. It was a bad trade.
Um got destroyed on that. So um unfortunate, but it is what it is. I risked
and ENQ is bouncing big time now off 20 level, guys of the 20 level.
But I'll see you guys tomorrow. Be good, be safe, and uh yeah, I have meetings all night from 6:00 to 9:00 p.m. So,
need to uh get some rest, eat something, and maybe hit some golf balls in the meantime. I'll see you guys tomorrow.
will do a giveaway tomorrow on Wednesday for sure. I can't do a giveaways every day because I don't have enough
accounts. I want to spread them out, but tomorrow most likely we'll do a giveaway. And um yeah, tough day today
overall. But uh what can we do? What can we do? Just got to keep our head up and um
keep going forward. Later, guys.
Effective risk management during volatile trading involves setting strict drawdown limits (such as not exceeding 30%), using appropriate stop placements based on price action, and avoiding overtrading or chasing trades driven by emotions. For example, scaling positions cautiously and adhering to well-defined stops protect capital against large losses in rapidly changing markets.
The 1420T (8020) concept is a trading methodology focusing on targeting 20-tick profits with 10-point stops, emphasizing precision and timing mainly during key market open hours. Traders implementing this approach aim for quick, high-probability trades with tight risk controls, which helps manage exposure in volatile conditions and capitalize on early market momentum.
Silver futures often exhibit rapid, unpredictable swings during volatile sessions, making entries and exits challenging. Patience allows traders to wait for ideal setups rather than forcing trades, reducing the likelihood of stop-outs and missed opportunities. Understanding liquidity and market flow enables more strategic timing for entries and exits amid choppy price action.
Trading funded accounts from prop firms like Lucid or Apex requires adherence to strict risk and consistency rules, influencing position sizing and drawdown management to avoid account closure. Additionally, maintaining a positive mental state before trading funded accounts is crucial, as emotional control helps prevent impulsive mistakes that can jeopardize evaluations and payouts.
Traders can manage emotional challenges by recognizing that mindset is a choice and practicing discipline and patience. Techniques include taking breaks after drawdowns, avoiding revenge trading, and focusing on process over outcomes. Maintaining composure reduces costly mistakes and supports resilience during stressful periods in volatile markets.
Interacting with other traders through live chats or forums offers support, shared experiences, and exposure to diverse strategies, such as those from notable traders like Okala. This collective knowledge helps individuals adapt and refine their trading styles, fosters motivation, and provides practical insights that improve decision-making in dynamic market conditions.
Consistent profitability requires patience to wait for optimal trade setups, strict risk management to protect capital, maintaining mental resilience under pressure, and continuous learning to adapt strategies like the 8020 concept. Combining disciplined execution with emotional control and effective prop firm management positions traders to navigate volatile sessions successfully and build lasting success.
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