Summary
Highlights
The speaker shares their experience of making over $15,000 in trades, focusing on why and how these trades were executed. They aim to help viewers understand their thought process as a profitable trader.
Detailed proof of executions and Profit and Loss (P&L) statements are shown, including trades across three 100K Funded Next accounts. The speaker highlights the benefits of Funded Next, including 100% profit withdrawal and a 3-day payout eligibility with a 40% consistency rule, recommending it as their favorite prop firm. They also show profits from a live account and an options play, totaling over $15,000 for the day.
The core strategy for trading at all-time highs is explained: despite bearish sentiments, the market tends to continue upwards. The speaker emphasizes taking trades when an optimal risk-reward ratio is present, citing a 1.4 RR scenario where they expected the market to stop at a specific point.
Three main components for a good trade are identified: optimal risk-reward, a confident draw (expected market movement), and volume. The speaker illustrates an example where these elements aligned, leading to a successful take profit.
The speaker reveals their method for predicting market movements at all-time highs using the Fibonacci tool and standard deviation. They demonstrate how to identify a 'manipulation leg' (an aggressive move against the trend) and use it to project future market reversals or stops, showcasing how they called the top of a recent move.
Based on current market conditions and previous movements, the speaker expects the market to continue its upward trend. They briefly mention past expectations regarding daily fair value gaps and how a 4-hour level proved sufficient to push the market higher.
The speaker summarizes the $15,000 day and offers resources: a free 4-hour trading course and a recommendation for Funded Next for prop firm trading, highlighting its benefits like 100% profit withdrawal and rapid payouts. They conclude with motivational advice for traders.