hello traders it's Samurai trader here welcome to this session in this session
I'm going to be recapping some trades that I took yesterday and uh there were
nine trades for eight winners and one loss a lot of trades I didn't take that
I should have should have would have could have but one thing I've learnt
about trading where I used to beat myself up if I missed a good trade is
that eventually I realized it's just like being at a train station there's
always another one coming on in so I don't sweat too much about trades that I
didn't take judo grabbing a coffee or being on the phone or whatever so I'm
just going to give you a quick overview of some trades understanding the risk if
you're new to my channel I should say first of all please subscribe so you can
be kept up to date you'll see the little red button on the window here and also
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let's get right into it so if you go down to the bottom right hand corner
here you'll be able to I go to full screen because in a moment we are going
to look at some charts leading into this I'd like to say I love this quote
everything is hard before it is easy I'm about to show you a chart with lots of
lines on it some indicators there's some arrows and you know it can look very
very busy but like everything traders it's like learning to drive a car at
first it's difficult what I've got to push these pedals in or what a Steve a
steering wheel I got a look in the mirrors and but after a month or two
it's like we been driving for years it's like that with trading if we approach it
correctly now as we going into this the purpose of this video is not to give you
a great big long explanation of how to trade but what I want to do is to create
the desire for you to want to find out more and what you can see here is
starting with just $5,000 and earning two hundred dollars a day and every time
you get to another five thousand dollars you start trading an additional contract
so extremely conservative at the end of twenty
five weeks you've got 260,000 in capital you've earned 52,000 for the week and
you're up to three hundred and twelve thousand that is the possibility in
learning how to trade now with that being said where's the evidence well I'm
about to show you trades and I talked yesterday and I was really tired when I
was trading what we call the globex session as you're about to see and I
missed some great trades and I even made a couple of errors but I still come out
incredibly profitable now this is the results sent in just today of a client
that traded the live session today so it's a 17th of a 6 2016 and our
particular trader the patient trader his name is as a member he was trading the
what we called the t2 these are setups that we have the T2 T10 T20 T25 so
we have a basket full of different trading strategies trading one contract
he was up $14000 so I'm going to show you the effects of what that means on in
and you know I'll show some live trades I feel like that's what I'm trying to
say here now very quickly before we get to this if you haven't got my ebook
please go to my website I'm also happy to have a Skype chat with you if you'd
like to know more about the strategies I'm launching a live trading room very
very soon and what I want to do is get as many traders profitably trading so
you'll join my room and then you'll pay a monthly fee to be on my room but to
obtain my program which has got over 20 hours of video instruction email support
20 hours of recorded live sessions dozens of attachments etc and actually
with that being said my Google Drive and it's very hard for you to see here but
by save date says 17, 17, 16 ,15 I'm producing new materials and new videos
for my members every week the program is huge and even if the topic you'll see
we've got different folders we've even got members that are now contributing
their own videos your own results so we're really creating a community of
traders to help traders and all of this including my indicators is only 197
dollars so without any ado let's go and have a
look at some chants and show you some trades so traders this is what we called
the ES 233 share bar on TradeStation or volume candles and I'm just going to go
through just quickly some trades here the market closed so the New York
session closes it reopens an hour later for the Globex session so it's it's what
we call fairly thinly traded it a trade across the day typically sixty to eighty
thousand contracts I really like trading the Globex session because it's nice and
slow it's easy to get your trades on etc and it's very very kind to me and it's a
great market to cut your teeth on as well if you're a newer trader so I
shorted the market here ten contracts so I trade ten lots at a time short of the
for ten out at 625 less Commission's of about forty dollars
now I mentioned about missing trades now this was 8 o'clock in the morning I was
down getting some breakfast and I missed that set up that we called a t20 right
there that also 10 turned into a t20-1 if I hadn't been on it would
could shoulda I wasn't there very nice thank you we had another one here I had
then a nice little trade here I shorted here now I got out of this trade with
only one tick tick down four ticks and I was actually after 5 ticks had
started to come back against me I decided to exit one tick bird in the
hand is better than two in the bush now my stop-loss for the experienced traders
by the way was two ticks above this little swing high so even if I had have
stayed in I still would have been mighty fine I decided to exit then I went I
went short again on a secondary signal and it started to go against me and I
decided to accept betrayed and I exited that with the loss of two ticks now a
natural fact you can't that there it was actually a higher-risk
trade there was actually a pivot there so look perhaps shouldn't have taken it
I decided to roll the dice I was having a great run at a great session on New
York yesterday so I was willing to take the risk but anyway I was down two ticks
not a lot of money and 250 less commissions or plus Commission should
say now here I had a great trade set up here and this was now let me we insert
here that was basically a t1 - t20 entered there ticked against me a little
now my stop was one tick actually above here at is what we call a six tick stop
so typically traders I've normally got a five to six ticks top with normally a
six tick target however you may remember yesterday we were having the FOMC
announcement so I was a little more conservative with my targets look back
on the charts at the end of the day I shouldn't have been but anyway so I was
kept in that trade now I will add to or add extra contracts so I if I see it
moving in my direction so therefore had a really nice strong reversal shored
another ten contracts both of them were for five ticks and I was aiming actually
for six ticks but it was coming down I was getting some real support there I
decided to take my profits you can always re-enter the market if you get
out if you're one tick in profit two ticks in profit
you can always re-enter and another thing traitor about the type of trader I am
and the the trading that I teach you I teach you to be what I called a momentum
trader we're after everything to be poignant we have a trend so then I got
out of that one there that was good for 1250 less commissions I then
showed it here on for my members that are watching this this is a classic guy
34b also at T2 and that come down and I
remember I was actually doing another training video and I exited as a reason
I did that for at the time and I explained
it on the training video I was doing at the time but that was yesterday that's
24 hours as a long time ago so anyway I got out there with them one tick yeah I
had it then another great 34B a t2 shorted their 10 contracts for 6 ticks
at 750 less commissions thank you very much
now I'd also been up for nearly 24 hours because I traded the full us session
yesterday and Globex and even one of my members said to me I sounded side on the
training videos exhausted and one of the things I say to traders
is really shouldn't be trading when you're tired give it up these traders
that and there's some damge traders it can sit there for six hours at a time
I'm in my 50s I'm happy just to do two or three hours a day hit my 400 a
contract and in quit for the day by the way just before we go away this works
out to be I think about 300 a contract after this session alone but anyway
getting back to the charts that was a nice one we had another nice little one
there 34b I didn't take I did jump in here in short of 10 and this is where I
meant was mentioning about being tired traders a lot of there's a lot of
discussions now about the evidence is given over a concept and Robin Sharma
talks a lot about this it's called ego depletion not as in they personal ego
but they it's a medical term scientific term they now give that at the end of a
day or a long day you're more likely to make mistakes and errors of judgment
yeah with the strong downtrend really I should have been going for six ticks but
I decided to jump out at for I was at the low of the day and really normally I
would have probably stayed in that trade but I was getting very very tired and I
actually said over here and for the members of you may remember I've done a
complete recap on these trades on this tray on these trades to my members
comprehensively on the setups yesterday I said I was going to stop trading so I
wrapped the video up and so a couple of classic setups I decided
to jump in so I jumped in took this one that was still good for $500 then over
here I took one again and and really this is what I said right look this is
enough is enough of 2 o'clock in the afternoon don't trade when you're tired
keep support and I got out with only I decided to get out with them just one
tick on this one I miss this nice the 89b for my members you'll see here we've
had about four or five 34B's in a row here so I'd like to give those a mess
and wait for a deeper pullback which is what we had we had an 89b here and
typically this is a reminder for members where would you have a nice target your
lower swing low which it took that out which is really nice but I pretty much
wrapped up my trading but that was well and truly over three hundred per
contract that the bottom line is traders that you can learn this my trading style
is very rules based and I teach you 12 strategies but you only need to learn
two or three to have a fantastic career as a day or swing trader so trade us go
to my website request my ebook for or join me come and join us as a member
we've got hundreds of members now all around the world hundreds of them would
have joined very soon you'll have the opportunity to join me in the live
trading room where not only will we be giving you a fish that is calling trades
in real time but we're teaching you how to do that how to do it as well my goal
is to give the best value out of any trading or educational firm that trades
live in the world for one hundred ninety seven dollars you get everything
including the indicators and let me tell you there is no up solve is no expensive
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