Trading Strategies and Risk Management

Every model isn't for everyone. I'm going to say that again. Every single thing that I teach isn't equipped as a perfect glove and hand type of marriage where it fits perfectly for you.

It's not for everyone. So it's a wrestling match for you to decide how you're going to use the information.

And I have provided complete models, step by step, do this, do this, do this, if you want to trade like this model.

I've told you, I've told my private mentorship students exactly how to use these things to plug and play.

You don't need a fair value gap. You can use a mitigation block, which I don't talk very much about, but I love them.

What is that? It's this candle right here. This high didn't go above this high.

I don't need it to because I'm looking for it to go where? Lower.

So inside this candle here, as price is trading down, it trades down, trades through it.

The next day, we're trading in it, inside this range.

You can be a seller right in here, especially if it's opening, it's trading above it.

You're trading in the highest portion of the power three on a potentially bearish day in a sell program where the market is likely to keep going lower.

Where? Down here where I said it was going to go.

So inside of this candle, in that range, above the opening of that day, you could be a short seller.

Risk has to be above mean threshold of this candle.

Why that one? Because mean threshold is just above this inefficiency here.

So what do I have? Three PD arrays.

I have the previous mean threshold of this down-closed candle, if I'm going to sell short on here, using a mitigation block.

And I have the mean threshold of the bearish order block.

And I have the high of this old inefficiency.

That's three PD arrays.

So my stops are always will be behind three PD arrays because if three PD arrays fail, next thing's my ass.

And I don't want to be in a trade that has three things that I would suggest is helpful for the trade to be there.

If three of them are nixed, that means they're trading through it.

That means me as the operator, me, the technician, the mechanic, the person behind the decision of pressing a button, getting into a trade.

That means I have done it wrong.

It doesn't mean my system or methodology or my logic is flawed.

It means that I have made the error.

There's nothing to wrestle with.

There's nothing to argue about.

There's no shame in it.

It's absolutely time to get out or have a stop loss in its place.

So that way there's nothing to worry about.

It's an objective decision.

That's outside my control.

It's going to do its job.

I'm paying for that stop to pay me at that point to get out with a limited amount of loss or whatever profit it allows me to leave with.

How is that for logic? You have to do the things I'm telling you.