futures and how many of you here trade the futures markets as well? Anybody here trading the E-mini, S&Ps, anybody on the NASDAQ in the futures markets? What about crude? Anybody trading any of those? Not a whole lot of futures. Okay, so some are in the futures markets as well. And so what I want to talk about is something that really applies to all traders. It doesn't have to be just futures traders. I wanted to bring something to the table that you could really apply in your trading, no matter what you trade. And so we're going to spend a good amount of time on that here today. And then we'll go into a program that we have that we find to be really an incredible opportunity for traders to advance. And this is going to be more geared toward the futures markets, but certainly I think all of you will be able to take something away here today. So let's go ahead and dive in. Before we get too far, of course, we have our disclaimer. Neural Street has no financial interest in the outcome of your trades. We are not your financial advisor. We are here for products and services that are tailored for educational purposes. There is risk involved with trading. Please understand those risks accordingly. We are also recording this event on our end. And so you are welcome to get the recording if you don't see it. And you want to reach out to us by all means. We'll send it to you. I'd like to have a lot of interaction from everybody who's attending with us today. So if you have questions, please ask. If you have comments and if we're asking questions by all means, go ahead and type in the chat box and we'll be sure to answer your questions. Let's go ahead and dive in. We'll do a quick intro bio. Talk about funding companies. But like I say, a lot of what we're talking about, we'll talk about education, live trade rooms, how to get funded as a trader. How many of you here are trading prop firm capital? How many of you here trade for a prop firm or for a funding company? Anybody doing that here in the room? Okay, and we'll talk a little bit about it and what it is. And we'll do some Q&A. Now we're going to be presenting on behalf of some of our partners as well. And we are Neuro Street Trading Academy been around a long time. And, you know, our our primary focus is to teach traders. All right, so David, yeah, in Apex right now, awesome. And so, you know, our priority here is to help traders by teaching them the proper ways to trade bigger picture, understanding how the markets move and why, and then really ultimately creating incredible tools that our traders can use that'll enhance what they're doing in their trading as well. And so that's what we're after here. Apex Trader Funding is a funding company and we will talk about what that is here in just a bit. And then Arc AI, we are a reseller of Arc AI and their developer that develops really incredible indicators and algos. And so those are available as well. What I want to talk about today is the fear of failure.     And so you think there's an opportunity there, right? So there's a lot of different things that could come up. And so we're going to dive into fear of failure a little bit today and talk about, you know, how do we really ultimately overcome this and what are some some signs and issues that we need to recognize and and ultimately we are humans. That's right, Petro. So we are humans and we all face emotions. You know, as far as I can tell, you're all human here. So we're all in the same boat. Now, some of us struggle a little bit more with other emotions than that, you know, and that's normal, right? We're all traders. And so we're going to talk about how do we overcome these things. So let's talk about fear. So fear is an unpleasant emotion caused by the belief that something or someone is dangerous, likely to cause pain or threat. It starts in the amygdala. Really what it comes down to is fear is meant to activate the fight or flight. Okay, that's meant to activate the reaction that if we are afraid of potential harm that we're going to either evade that situation or stand up and fight. Yeah, no bots from Twitter in here as far as I can tell you. This is ultimately it's in our DNA. It is hardwired in our DNA. And so there's really no way to get rid of it. The good thing is that this can keep us out of bad trades. Now, if you have zero fear, that's probably not a good thing in trading because you have money on the line and there is risk.  You're probably going to be pretty reckless. And so we need to have some healthy balance of fear in our in our trading. But the fear of failure is experienced by most in one way or another. Now there's a rational extreme fear of failure. And this is a scientific term which I don't even dare pronounce because I have no idea how to pronounce it. Found it online. Thank you internet. And this carry Kendra cherry sorry has written about this and I have pulled these subjects from that that article which is listed there below. So this fear of failure, some of the things that you could deal with is believing that you don't have the skills or knowledge to achieve something. Now that directly relates to trading because last I checked trading is pretty difficult. And certainly we're all in this to make our lives easier. And that's why we go to great great academies and trading outfits, cyber trading and Neural Street and so on. Another one feeling like you won't be able to achieve your goals procrastinating to the point that it affects your performance or ability to finish. This is something that I have dealt with personally in the past and it's really it's really held me back from taking chances, right? And I'm pretty open to risk. I'm willing to jump out and try things. But ultimately you feel like you need to have perfection before you can move forward. Anybody like that in here where you feel like everything's got to be perfect before you deploy. And whether that's in business or creativity. There's a lot of different avenues that it can really affect you. Telling people that you'll probably fail so that the expectations remain low. Anybody done this before? Well, you know, trading is really hard. I'm just going to give it a go and you know, we'll see how it goes. But I, you know, I don't have very big expectations, right? Yeah, understanding your own abilities or underestimating your own abilities, right? Now, I'm not that great of a trader, you know, we'll see, but you know, don't ever say that about yourself, by the way. I believe in what you say is is confirmed in one way or another. And so speak highly of yourself and others is always a good, a good course of action. Yep, exactly. Worrying that imperfections or shortcomings will make other people think less of you. Some of us are kind of in the boat where we don't really care what anybody thinks. And you know, sometimes that's a that's a good place to be just saying worrying that you'll disappoint others if you fail, you know, and a lot of times the spouse or family comes into that mix, right? You don't want to let anyone down. Yeah. So we identify the pain. Well, what is the pain of failure? So we have to figure out if we're afraid of something, we know that there is some type of pain attached to that, right? And so the pain would be embarrassment or shame or feeling worthless. If you've lost a lot of money in the markets, I know that that is painful. Many of us have endured that and some traders that I've spoken to worked with and coached in the past even have even have levels of post-traumatic stress disorder from losing money, right? It's incredibly stressful to lose money. There's disappointment, sadness, regret, hearing it from the naysayers. See, I told you trading was hard. I told you you never should have gotten into that and now you lost all your money. Look what you've done, right? You definitely don't want to hear that. You want to hear, you're wrong. I knew trading was tough.  I overcame it and I'm making money and trading. That's what you want to be able to say, right? Now, what are you really afraid of? Could it be some of you are afraid of success? Well, why the heck would anybody be afraid of success? I'm going to talk a little bit about mindsets. Okay, so there's the mindset of do you feel that you ultimately deserve success and I'm going to stop here for a second because there's something I want to touch on that is kind of near and dear to my heart and one that we've all faced at some point is you know, you you grow up in whatever your circumstances are and wherever you're at in the world and we all grow up under different circumstances, but there's kind of the old school sayings, right? The old school sayings of when you ask for something as a kid or whatever the case may be and you say, you know, gosh, I'd really love to have this new toy or something and you hear somebody say, well, what do you think? I made the money. You think money grows on trees? Who are you? Rockefeller? Right? We've all probably heard these things at some point in time. The problem is with that is it ingrains this idea into your head that money is evasive. It's something you have to chase. It's hard to get. You got to work hard to get there. You got to pursue it. You got to chase. You got to do all these things. You got to plan a money tree in the backyard. Right? So we get these ideas that it's difficult and somehow along the way we get this idea that money is somehow a bad thing.  And somehow we've gotten these ideas in our head and I'm going to tell you right now.  If you've ever said any of those things, never say it again. Never. Because the power of our words is so strong because what happens is when somebody else says something, we hear it. We may need to see it to believe it, but I'm going to tell you something. As soon as you say it, you are way more likely to believe in what you are saying. That's why the learning process involves seeing is believing which leads to trust, which leads to openness, which leads to learning and it has to go in those steps because if you don't see it, you won't believe it. You won't trust the teacher and you won't learn anything. And then when you learn something, you have to replicate practice, get better, improve and then you can become consistent at anything.   So there's a lot of practice that comes into it. It's repetition. That repetition is kind of almost think of it as like a form and when you say something, it's almost like a form of believing in it even more. So don't say those things. Okay. That's a very, very powerful thing. There is absolutely nothing wrong with making a lot of money. Nothing wrong with it. What you do with the money is going to prove who you are as an individual and how you how you steward the money and how you benefit others and yourself certainly as well. And so money is not a bad thing. Technically money does not grow on trees, but there is definitely money to be made in the market.  They'll gladly take your money if you let them and you can go into the market and make money every day. Okay. So I just want to stop there for a minute and just go over that. I hope you don't mind me kind of going off off on a tangent there and let's reel it back in here. All right. So let's talk about again fear of failing. So I am afraid of failing. Therefore I fail. If you dwell on failure, you will achieve failure. What you think and what what kind of consumes your mind is what ultimately could happen. And if you think of any great athlete, let me say, you know, Michael Jordan or any great artist, any entrepreneur Elon Musk, any inventor, anybody with sale, any, any and all of these individuals, they all start with some failures and setbacks. Right. Trading psychology is 100 percent underrated. I don't care if you've got the greatest trading strategy in the world. If you can't overcome yourself, you will always be in the way of your own trading becoming a better trader is necessary to making money in the markets and becoming a better trader does not happen until you learn how to manage yourself because there's nobody telling you what to do. There's nobody looking over your shoulder and nobody's going to hold you accountable unless you invite somebody to do that. So I would certainly encourage you to do that. But here's the thoughts, right? They didn't get there overnight. Neither will you. They didn't have a backup plan. So if you ask Dave Grohl, lead singer of Foo Fighters, if you ask Dave Grohl, well, what would you have done if you hadn't done music? There's no answers. There was no backup plan. There was no, there was nothing else. It was this and that's just what I'm going to do. And that's what they decided. Well, how do you know that they've arrived? You can look at people who are incredibly good at what they do. Are they Elon Musk or Michael Jordan or, you know, Bon Jovi or who? How do you know that they've arrived? Who is it that's going to tell you? Oh, man, you've made it. You made 100,000 trading this year. Oh, man, you've made it. You've made 500,000 trading this year. Oh, you've made it. You made a million this year trading. You made it. You made six figures this month. You made it. Nobody's going to tell you that. So don't even worry about that. No one will tell you you've arrived. The progress was incremental and constant. They didn't get there overnight.  Yeah, and it only took them 10 years to become an overnight sensation. They didn't start at ground zero and just get it. And more importantly, they believed they could. They visualized what their success looked like and they didn't let anything stop them. You know, the Beatles when they went to their their first, you know, agent or A&R rep as it would be called in the music world, they go to that and they say, you know, that's never going to go anywhere. If they let them stop, if they stopped themselves after that, it wouldn't have gotten anywhere. If Walt Disney, when he was told that he lacked imagination, stopped there, we wouldn't have probably all the movies at this point, geez, that are being made today. Benjamin Franklin, any of these, you know, any great, any great story that we've heard, if they stopped at the first hurdle or the second or even the hundredth, they would not be where they are. If Michael Jordan said, I'm never going to play basketball again, because his high school basketball coach told him he was no good and cut him and he decided to play baseball instead. We all know how that worked out. No offense. We wouldn't have some of the great, you know, the great basketball that we've all had a chance to see. So nothing got in their way. All right. So what are some signs that you may have a fear of failure? What are some of the symptoms?  Get excited for the wins and you get angry with the losses. You're overly emotional. You're afraid of being wrong. And so you talk yourself out of taking good trades because you don't want to be wrong. Can't stand to take a loss because that's going to show up on your trade log. Take major drawdowns. I'm already down this much. What difference does it make? Just take another trade and hope for the best, you know. We all know how that works out too. Go over trade. Need to save face and show a winning day. And so you keep trading, even though you know, you've already hit your max loss for the day and you need to be done. Need to walk away. You told yourself in your trade plan, you were going to stop trading at XYZ dollars lost for the day. But you don't want to show a loss so you keep going. Spend recklessly on gadgets and bought nonsense. Need something that's going to seal that deal. You need the holy grail. So you keep searching. Strategy hopping. Always looking for the next best thing because the last one was garbage after all.  These are all based on something else. You chase trades because you're desperate to show that you can pull this off and that kind of goes along with over trading. You over leverage because you got to get there faster. All right. That just might be great. Self sabotage. You purposely sabotage your trading so that you can blame the markets. You're started on a losing day and you took another trade that you knew you shouldn't have taken so that you can blame it on that trade instead of the good trades that you took. It just didn't work out. Lack of personal time.  Your family's like, oh, hey, welcome to dinner.  I don't know this person and then you quit because you feel like you have to move on to something else. You can actually succeed in and maybe go back to school. Whatever the case, you'll do something else. Find a new hobby. This is a very expensive hobby, but it can become a great career if you have your mindset. Right? So where does the fear of failure come from? Well, fear of failure. Well, everybody tells me it's hard. We knew that going into it and it didn't stop us from deciding to become a trader. We still became a trader. That's why we're here. Fear of failure is a mindset. Well, it's deeper than that. It is a mindset. Fear of failure is definitely a mindset, but it goes deeper than that. Something is too big or too complicated. We don't know where to start. I've been there. I really want to learn how to trade. I just don't know where to start. So you read some stuff online. You watch a few YouTube videos. You throw your first account together with a little bit of money, hopefully, and you start trading and you keep losing and you can't figure out what you're supposed to do and what you're not supposed to do. And so maybe you give up at that point. The real route is we set our goals too big too soon. How many of you feel like you're just chasing the big dogs? Like the big dogs, they're jumping over the hedge here and the little guy runs right into it. Hope by you, but I felt like that before in my trading. Always chasing the big dogs. Yeah, but you have to have big goals, right? You got to shoot for the stars and land on the moon. We've heard all the cute sayings and yeah, but then you have an excuse something you could talk yourself out of later. If you set your goals too high too soon, you've already lost. And now this might go against what some of you have heard thought, believe even to this day. Let's talk about that. Let's talk about goals versus growth. So goal oriented says I want to make 100,000 in trading by the end of 2022. Let's just an example. Growth oriented says I want to continue to improve incrementally every day until I can average a thousand bucks a day in games. That's growth oriented. Do you notice there's no deadline? There can't be one in trading. I'm sorry to be the bearer of bad news here. There cannot be a deadline on your goals.  The market doesn't care. And if you try to force your agenda on the market, the market will force its agenda on you. And I'm sorry. You're not trading Elon Musk or Warren Buffett numbers. You're trading your account unless Warren Buffett's here and I just didn't know. There's no deadline. Get better every day. That is your priority as a trader. Did you get better today? Versus yesterday. Are you a better trader today than you were yesterday? If the answer is no, that's your failure. That's on you. You have to improve every day.  They want to lose weight. Myself included. Most of us would probably raise our hands to that one. We eat a little too good, you know, you don't expect to lose 50 pounds in a week. If you do, you're probably dead. If you set, if you don't set goals, you can't fail. There's nothing wrong with having goals, but make it for today because the there's very little that you can control. We don't know what's going to happen a week from now a month from now six months from now a year from now five years. No idea. All we know is what we can focus on today. So we focus on today. So my goal for each day is to net XYZ and gains on the next three trades using XYZ strategy. That's your goal. If I get to five trades for that. Now I'm just using examples. Some of you might only take a trade or two. And that's fine too. But if I get to five trades for the day and I haven't met what I'm looking for, I'm done because I got other things to do. Last I checked every one of us. You could correct me if I'm wrong. But it hasn't happened off and now I'm just kidding. Correct me if I'm wrong. Everybody got into this business because you wanted to make more money. In less time. Right. More money. Uh-huh. Yeah, yeah, yeah. Less time. Oh, yeah, yeah. That's a big one. We want freedom. Freedom happens. When we can do more with less. That's what we want. So why do we trade all damn day when we knew that wasn't the goal to begin with. We wanted to trade a couple hours a day, three hours a day. Some of you might trade more and that's totally fine. If that's what your goals are, but don't say you're going to trade for two hours a day and then trade for four and then spend another two hours at night licking your wounds, trying to figure out what the hell went wrong. Call it. Call it when you know your day is done. And then this is very, very important.  You ever heard that saying fake it till you make it? You know, and this might even be a good one for fat still might be able to tell you the stories about becoming a trader and I know he's been in the business for a long, long time.  So you say to yourself, I am a professional day trader. This is what I do for a living or I am a professional day trader and I make more money in two hours a day than I do in the other eight hours working for somebody else or running a business or whatever the case. And it could be amazing when you define who you are how everything else seems to line up because you've told yourself now you believe it and now your actions will show it because you believe it. It's in your head. What's in your head will show up in your trade. Write that down. What's in your head will show up in your trading. Do you know every day when I trade I visualize the trade hitting target before I enter and while I'm in the trade. I visualize the trade hitting targets going in my direction. I every trade I take because when I do that it seems to somehow calm me. Now I have as far as I know very little to okay zero control. I've zero control over what the markets do. All I can do is control myself and somehow when I visualize the trade going in my direction and working out I feel better and if it goes against me I shake it off and I have to say okay that's okay. I did what I was supposed to do based on my strategy based on my trade style based on what I'm doing. I did my part and it's not on me and I'm good and I did everything I'm supposed to do now all I can do is manage the next trade and you don't beat yourself up and you don't feel like garbage and when you feel like garbage as as sometimes those days happen call it a day go about the rest of your day or go take a nap you know start over get a reset every day find one way to make incremental process or progress and then review your progress how many of you keep a trade log there's a lot of really great online trade logging sites one in particular trades viz is a really good one and they track your trades give you all the numbers you could ever want to know all right so how do we overcome the fear of failure first off you need to realize what you are in control of you might watch bowser trading in the trade room taking some great trades but he's not telling you how much money to put on each trade he's not telling you what trade to enter that's on you you can watch them trade and watch our traders trade but the only thing that you can control is money management trade entry and trade management where do you get in where do you get out how much risk do you put on each trade that's on you can't control anything else you can manage your emotions but you certainly can't control them you can manage them so consider what's the worst thing if you're fit if you have a fear of failure what's the worst thing that can happen if you fail and you have to define what is failure for you how will you cope with that failure or setback and then what can you do to manage and overcome the failure what can you do today to avoid reaching your failure point what can you do today to get ahead of the failure and stay ahead of it and then get people who actually are on your side if you've got the naysayers all telling you not to trade and you're an idiot for thinking you could ever make money doing that stop talking to them about trading talk to them about baseball or hockey or something else don't talk to them about trade they ask you how your trading is doing so I don't want to talk to you about it every time I say something about you got something negative to say so mind your own business right what's wrong with that stand up say what you got to say right so reframing so new thoughts on defining failure wasn't failure a learning opportunity sure lit a fire under Michael Jordan's tail got him where he wanted to go a lot of times it does for all of us because now we got a point to prove but here's the dangerous thing about trying to prove a point in trading and a lot of avenues if you work really hard and you get better and you you know you push further a lot of opportunities will come your way but if you work harder in trading all that means is you're probably taking more trades you shouldn't take you're spending too much time studying a bunch of nonsense and you should probably just get some help from a trader who's really really good they can help point you in the right direction and but failures are learning opportunity we know what didn't work before and I've got the picture of the light bulb because that's a great example found out on how many ways what a thousand ten thousand ways that it wouldn't work brings us closer to what will work and how can you identify what success is without failure without setbacks whatever you want to call it there is no defining success without some kind of failure every great innovation starts a failure how many times did man try to fly a lot finally it worked out somebody you know had enough good ideas and figured out and studied enough and then understood lift and all that stuff I'm not a pilot by any means so I have no idea but all I know is that hopefully when I get into a plane it goes up it comes down when it's supposed to and the wheels come out and everything you know now who is it that defines success versus failure that's kind of up to you too failure is not delay or failure is delay not defeat that's a saying from Dennis Waitley failure is the opportunity to begin again more intelligent I feel like every quote that's out there is credited to Henry Ford so either he's like the smartest guy alive who always knew what to say you know I don't know I just feel like all his things are there I got a comment here personally if I traded it up to four hours of trading and lost the trades you can bet your sweet bippy that I would get back to the charts to figure out what went wrong until I come to believe that sometimes you'll lose even though you did everything right and that's how someone learns yeah it's true you know first off you do need to review every day good or bad go back and review your trades after you've traded take a break come back review your trades what went right what went wrong and you don't have to spend a ton of time doing that but absolutely if you spend time losing you need to you need to study it you need to figure out what happened so that you can learn if you made a mistake or is the market just nuts you know whatever the case alright so some of you want to trade for a prop firm so prop firm the short version is you show up you say you can trade you prove you can trade this company gives you money to trade and then you split some of the profit okay thank you thank you Dennis the problem is so you have to now show the prop firm that you are a good trader and that you can trade profitably but how on earth can you show the prop firm that you're profitable when you're not actually profitable and then where on earth do you go to get educated everyone in the trading world has a completely different way of trading some of them are really great don't get me wrong but the ones that say this is the only way to learn and they just get a push and push and push run for the hills okay because they probably don't know anything the real trade is instead of giving money to the markets you give money to these funding companies you have to pay to try out then if you fail the try out you pay for a reset and then you start over again well this can get very expensive pretty quickly you know that very few traders actually pass these evaluations and get funded like very very few have you ever heard the statistics on how many traders are profitable in the industry it's a very small percentage of them that number is not very different from those who actually passed the funded these funded evaluations and then if you manage to pass very few of those actually stay funded so you're telling me trading is a losing game go figure right it's got to be a better way good news we didn't let any hundred dollar bills on fire we just wouldn't do that this ends today so what we did Neurostreet met with all the major funding companies in the future space and we negotiated on behalf of our traders exclusive discounts the best risk metrics best funding agreements so that if you make money trading you can actually get paid I know it's a foreign concept right multiple accounts you can trade multiple accounts so now you can go where you're treated the best because you're you're with us it's kind of like this guy's with me right or gap they're with me they're with the band so the result is you get to trade with real funded traders who do this for a living watch them trade the markets live learn the bullet proof systems and setups learn the process they take and then replicate and repeat oh by the way we have trade top your discounts we're going to talk more about what a trade copier here is just a second and we're going to teach you exclusive trading setups that are only taught in this program but that wasn't enough because trading for a prop firm is very different than trading your own money there's different rules there's different things you got to adhere to there's all sorts of things that you got to navigate and it can be tough and so we created an entire education series that's on demand on video that will show you everything you need to know about how to trade prop firms and how to enter your trades and all the different tools that you may need to use there's not very many but all the tools you need to use and then all the setups that you need to learn all the things all the ways that we enter trades right daily process how to get funded how to stay funded with risk and money management and that's probably the biggest component and I think that's true for any trader risk and money management is the most important job you have as a trader manage the money because if you don't manage the money you're going to let the market manage it for you and we all know how that works so we've taken our absolute best trading systems now mind you we have developed over 50 indicators and tools over the years we've developed education courses we've developed Algos and we've got some really really solid tools so in all of these years of trading we've been able to identify our top few trading setups and we trade those because they're the best they're the best trading strategies that work for this type of trading and so we trade those and then we use trade cop years but what the heck's the trade cop here so what trade cop years allow us to do is to leverage our trades while also spreading risk that sounds kind of backwards right so what we do is we use trade cop years to copy the order from one parent account and then that mirrors them exactly across any other account that we tell it to to follow so the one account you enter a trade that same exact trade gets entered across all of your accounts so now what we've done is we can take a base hit and we turn it into a grand slam if we're trading on 10 accounts a hundred dollar trade becomes a thousand bucks now in the futures market it's not that tough to make a hundred bucks and so now you can leverage it across multiple accounts what happens with this too is now that we are spreading risk ordinarily you might say well I want to make five hundred dollars a day well you have this thing called a max drawdown and the max drawdown says well you can only hit twenty five hundred dollars in loss from high to low by the way so if you're at your high watermark it's twenty five hundred bucks off of that doesn't matter if you're in the middle of a trade or not that counts towards your high watermark so now if you lose twenty five hundred bucks you're out well you want to make five hundred bucks a day and you want to do that in two trades well that's two fifty a trade next thing you know that's ten trades I mean you're taking ten trades and you might have three trades that lose then one trade that wins then two trades that lose and two trades that win the point is it doesn't just go ten trades straight usually but it kind of does this it made a little bit back a drop some more now I made a little bit back got back to this point that drop some more right so the problem is you get to a point where you start to over leverage your trades because you're trying to get it done too quickly with this allows us to do is instead of saying I need to make five hundred dollars a day we could say well I'm just going to get five accounts and now I just need to make hundred bucks a day you're not putting too much pressure on yourself you're not swinging for the fences you're not trying to take a hundred ticks out of the market you don't have to you can take ten ticks and go about your day and so now instead of taking every trade because you feel like you have to you can wait for the absolute best trade opportunity at the absolute best trade location like the iceberg orders that we saw earlier you can know where to get in wait for that trade and you're like a sniper just waiting for that trade to come around makes things easier so the keys to success you join the prop trader program with neural street you download the indicators that come with you install the indicators not all of them come with by the way and we'll talk about that download the pre saved workspaces we built it all out save the workspaces join the trade room live complete the on-demand education there's about 15 to 20 hours I believe you practice in sim I'm not allowed practice don't do it in a live account or an evil until you know what the heck you're doing and you've made mistakes corrected them and you know what you're doing right you're trading well you'll make mistakes even if you know exactly what you're supposed to do and the trading setup and you know it backwards and forwards you're still going to make mistakes because you might enter an order wrong or you might make a mistake on where you're putting stops and limits and that sort of thing then you track your performance when you're ready you purchase your evaluations sorry Andrew aligned to that but and then if you're trading multiple accounts at that point you would purchase a trade copier you pass your evaluations you trade like a boss you make money keep making money you make more money you keep making more money so on we don't want to have to start over so we just keep making money the trade smart does it work right we've talked a lot about different trading styles and methods and well here's some winning trades and I'm not going to spend a lot of time on this because we've spent time talking on other stuff but these are all winning trades and you can see I'm just going to point it out once so you can see there's the sell order and there's the buy order pink is sell blue is buy and these are from our trading community these are not from our instructors these are our actual traders submitting their trades buy sell win here's a trader made 14000 for the day calling it a day wife thinks trading is a waste of time I'll let her keep thinking that good thing we have separate bank oh boy here's another winning trade and then here's the same trader actually saying Adam come on and stuff much this is ridiculous I've accumulated a lot of software over 12 years this is best thing that I've seen most consistent profit producing system I've seen and so this is one of the trading strategies we trade in this program couple well this is actually one more winning trade on NQ Nasdaq gains going to call it a day $9000 for the day not a bad day but think about it this way if you're trading 10 accounts 900 per account it's not as huge couple more wins another trader got funded with you profit one of our traders amazing went from nearly blowing out her accounts and then got funded very active in our community and she's doing great now they're winning trade going to call it a day not a bad day 1200 times three accounts for 3600 bucks for the new people in the room 80 traders legit that's the one of the systems we use okay so not a bad day after watching simple cheapest best indicator I've seen that works as advertised Tom says I honestly feel it's the best tool I've seen in 25 years of trading these are our traders writing the step in they're not telling us say this stuff couple more orders short on ES which is S&P and then along on M2K which is the Russell micro another trader guess what system works another trader 10,000 bucks made in a day not a bad day more wins these are insane results thank you Neuro Street more wins and we just show you this so that you can see that it's not it's not up us here you know just bragging and saying all these things about how great we are it's not about that it's about can our traders make money with our systems with our education and are they actually doing it and this is just what traders need to see see that it's actually possible and that there's other traders actually doing it Samir 1250 for the day this indicator has no equal from anything I've ever used and the support from the staff and the users and sure everyone is successful this is no hype scroll through discord and you'll see you are all welcome to join our discord threads it's totally free you just sign up for discord and then you go in and request to be part of our community super easy you can we'd be happy to have all of you honestly you can go through all the threads and we have a lot of traders that are sharing insight feedback comments trading info lots good stuff couple more trades this way I'm excited about this program I did this in three trades knowing a quarter of what one of our top traders does funded accounts now this trader is trading for a prop firm and he's saying I've averaged forty two hundred dollars a day now that's thirty three sixty in actual real money after lilu which is the prop firm takes their twenty percent cut never made this kind of money in my life this life changing money there's a lot of traders look there's traders who are doing this I can't say how many because I don't know okay so I'm not going to say a lot because I don't I don't really know that as fact okay but the point is it is happening and it's not too rare so we started the prop trader program it started actually just a month ago first day in the program trader made I don't even know how many counts nine accounts making money across the board really good day four for four love the indicator on my way to being funded three times they are funded now by the way to give you an update calling it a day see you tomorrow ten thousand bucks in the day green on the screen across the board first day only thirty five minutes in three hundred bucks on the board first day in the program I think we already saw that one actually this trader passed nine accounts in ten days of trading got funded nine times over for fifty thousand each account it's enough to get it done our trade room meets Monday through Thursday eight thirty to eleven thirty eastern if you are a futures trader or your interest excuse me interested in using leverage or leveraging capital from prop firms this is the way to do it to my knowledge there are others that are starting to just now kind of come around and maybe they've seen what we're doing I don't know but I can tell you that this is very very well put together the idea behind putting this together was to help traders actually win to find a problem and I'm just going to skip through the video because we're we're good on time and we'll go over costs and everything our goal was to help solve a problem and that is that there are tons of traders that are losing these evaluations month after month after month they're losing hope they're getting desperate they're trading rogue because they're just so desperate to get funded as a trader and they keep spending money on evils and resets starting over another evil and reset start over then they go to a different company well this company's rules were too hard so I'm going to go to this other company and trade we have the answers on how to help you become funded as a trader our traders are actually becoming funded in this program now we're not the ones giving the funding we're just the ones providing the education and we can help give you access to really killer discounts in the industry as well I think somebody mentioned trading with apex and if you want to join this we have a really great apex discount so we'll show you what that is price let's do it Sheila here we go prop firm trading course designed to help you get funded access to live prop firm trade room for days a week ultra high probability trading strategies access to our private discord chat rooms exclusive indicators and tools are included most of them and I'll talk about which ones aren't exclusive discounts to preferred partners apex gives us 55% off we are the only outfit in the industry that gets 55% off and you have to be a member of this program to get that discount it's an exclusive discount resources workspaces remote install will actually install all of your tools indicators everything for you and over 20 on-demand education videos it's 495 a quarter okay per quarter not per month per quarter 495 it's your access to everything to be part of this program now there's a couple tools that you may need one in particular is AT trader this is an indicator system strategies software whatever you want to call it it's a system it's a trading system we use this as one of our primary core tools to trade with okay that tool is 749 one time you do not have to buy it to be in the program you can join the program see if that's the direction you want to go this is what you absolutely want to trade yes okay great then you buy then you need funding evaluations if you're going to trade proper and capital you got to pay for the evaluations after apex gives us our discount the monthly cost goes down to $75 per month per eval with apex for 50,000 a good deal it's 55% off and then trade copier is 105 and that's one time and again that's only needed if you're trading multiple accounts if you're trading your own account you don't need it and if you're only trading one account with a prop from you don't need it only time would be to use multiple accounts and you get all the exclusive discounts as being a member of this well any questions let me throw the link in here for those of you who are interested perfect thank you you already got got that in there there is the link if you want to check out what we're doing can be a part of what we're doing to be part of this program and if you want to check out our discord let me actually post that in the link right here now as well so if you want to go be a part of the discord and kind of check that out first and see what all the fuss is about and see what trades our traders are taking and get a better you know idea on what's going on you can certainly do that let me post the link in here and look whether you're interested in this program or not come join us in this part we'd love to have you in our community a lot of really great traders hanging out in there so get some any questions any questions on anything about the presentation about futures in general about what we're doing we we mostly trade on ninja trader ninja trader eight like we usually get that question quite a bit it's mostly ninja eight but if you have any other questions please feel free to ask away and I'm happy to answer any questions before we call it anybody just leave the mic open for a couple minutes for questions trade station we do we do have some of our indicators coded on trade station this particular indicator is not coded on trade stations only on ninja trader eight some of our indicators are also available in trading view I know a lot of the options traders probably using trade station right there is some tools that are available for trade station that would be a different different plan by the way we do have another plan that includes all of our Neuro Street indicators and you get access to all of them on a monthly well quarterly sorry quarterly plan once you get funded do you have to meet quotas minimum trading days percent etc great question you have to trade for I believe it's 22 days so realistically it's one month you have to trade for 22 days to be able to take a withdrawal but there's no guidelines on how many days you need to trade each month or you know I mean if you don't trade for a long time they're going to cut you off because you're just not active something obviously happened but yeah no there's there's no quotas you don't have to hit a certain amount each week each month the only thing is you can't lose more than your max drawdown that's the rule and then once you get funded you keep 90% of the profit after the first don't quote me on this I believe it's the first 10,000 in gains you get 100% and then after that you split 90 10 and so that's really how it works but that's those are the only you know kind of guidelines and then just don't hold it in the futures market with margin requirements and everything you don't hold a trade past the past close you got to close your trades prior to 459 the deal usually how soon to train folks get funded I think it depends it depends on what your background is it depends on if you traded futures before have you traded in eval before are you familiar with the tools that we're using yet that sort of thing I think realistically the plan is to get everyone funded during that first three months and then the next three months six months nine months well however long you choose to stick with it those are used for it just getting better and you know trading as a funded trader and following the trade room that sort of thing I think if if you're coming from the ground up I would say plan on at least three months you know just to be realistic yes there's no rush so difficult for me to open a ninja account while I'm based in Europe great point John you do not need to open a ninja account in fact you don't even need to buy the platform because when you sign on with a prop firm first off you can trade anywhere in the world and they give you a license for Ninja trader so you don't need to you don't need to worry about that yeah you would they have traders all over the world so no problem would it suit the freestyle lifestyle of a professional trader yeah absolutely yeah I think either you know look whether you're trading full time or trading part time or just using it as an extra income source yeah I mean some of our traders only trade for half an hour hour a day myself included really I only trade for an hour two hours tops and that's on a busy day so thank you I'm isn't it to consumer to consumer payments so the way that as far as funding I think that's kind of where you're going with this for taxation for funding you are considered an independent contractor with the prop firm so if you're based in the US here they're going to send you 1099 at the end of the year that you file with your taxes so it's important to keep track of all of your expenses anything that you're spending so that you can you know file your your schedules and in your taxes and all that and certainly meet with your tax advisor on that would we start trading with an initial capital ourselves to prove and to the firm and then if so what would be the recommended minimum capital you don't have to come up with any capital there's no capital requirements so you can you can trade so it's $75 a month as long as you're enrolled and what happens is you trade on a sim account it's a simulated environment and then they track all of your trades and your records and then once you pass the criteria you have to make 3000 without losing 2500 those are the rules and you have to trade at least 10 days or more to get funded so those are the rules and it's just 75 until you pass per eval if you failed the evaluation you can either start a new one or you can hit reset but honestly it's cheaper to get a new one little tip is it available to Australian residents absolutely absolutely as far as I know I haven't heard otherwise we do have a lot of Australians that are trading with our program so yeah and a lot of them are you know trading different times and either really really early pre market or maybe European or Australian markets it's futures yep so these these prop firms are futures now the stuff that we're teaching could be applied to even Forex or other other markets and asset classes as well I even looked at this strategy for a friend of mine who trades EFTs and showed in this strategy and I think it works incredible for EFTs actually so if you're trading some of those are you know yeah here's the best way that I can answer the question as far as where you're at and whether it's available we're available to anyone certainly and then as far as the prop firms they're available to anyone in the world unless it is somehow not legal in your territory or country so as long as it's not illegal in your territory you're good to go they are happy to support you so no worries you just in other countries you'll need to keep track of your gains and all that for taxation so yeah good good questions are the prop firms US based yes apex is US based some of them are internationally based I think for the most part most of these prop firms are in the US. I think there's one there's one in particular that comes to mind that is not a lot of the foreign foreign for us anyway a lot of the international prop firms are trading forex for the most part. I think if most of the futures prop firms are trading here in the US yeah very good questions thanks guys. What else can you ensure we're not trading with dirty money. Yeah I you know here's the thing is I don't want to get too technical on how it all works but technically even when you trade a funded account a lot of cases you're still trading in a simulated environment now that's not the case with all of them and so what will happen is they'll put it in a simulated environment and then copy your trades to a live account it just depends on the company that you're trading with if we're referring you to a prop trading company or any company for that matter we have vetted them and we know that they're legit and it's it's all above reproach and you know it's not like dirty money or something yeah so anyone that we refer to is going to be good. Our currency futures equivalent to forex of similar they're similar. I haven't traded with them extensively I have traded the euro and the pound. I haven't really traded much else on the futures market I've looked at the Australian dollar in the futures market so they're not currency pairs though they're just a currency itself so they are different for futures yeah. Like I say you could you could use these methods to trade forex you absolutely can it's all price action based for the most part. We have to evaluate each account and get additional accounts nope nope so you would get evaluated for each account separately that's right so if you lose on one account. You could still pass on all the other ones like sometimes you'll make an entry error or something in it you end up getting a fail on that account but you get all the others to pass and that's fine. You don't have to open a trading account they'll help you establish that and and on the funded account they help you with all that so you don't have to go open an account.  Yeah good stuff. Cool. Good good good. I think we're pretty much good to go if you if you guys have other questions feel free to reach out to me directly I'm going to post the the link in here one more time just so that you have it and then if you have any questions you are absolutely welcome to email me directly I'm going to post my email in here. Jim at nstradingacademy.com so just feel free to reach out to me and you have questions about anything doesn't have to be about the proper program to be about futures in general can be about the markets be about trading styles strategies it doesn't matter I've been I've been trading I didn't get a chance to really introduce myself I should have but I've been trading the markets for about 14 years mostly futures I traded forex when I first started didn't have a clue what I was doing and I just didn't like trading forex and then I moved to futures and it's I'm kind of seemed to click more for me so that's why I stuck with it I trade futures as an active day trader to this day and I'm consistently profitable and have been for a few years now I spent the first 10 years and what I call break even anguish didn't make money but didn't lose it and probably still didn't know what I was doing. But but doing well now and and I've been fortunate enough to be able to really start doing well with this so that's kind of my story so been at it a while. What time commitment do we need to start and then maintain the results. I think at least an hour a day if you can commit at least an hour a day that's fine. Ideally if you can do an hour a day plus study time then that's great too. But there's no there's no time restraints you don't have to do it during any certain time. I know for Australian our friends in Australia and Asia and so on times are just different you know I mean it's already tomorrow there probably by now. So it's it's different right so you might choose to trade other things with these methods. Yeah happy tomorrow to you. You know it's it you might choose to trade you know DAX or Australian futures or you know something else YM can sometimes be good. That's Dow Jones. Sometimes that's good and overnight crude is good really early market gold sometimes. Yeah you are how's the future looking Patriots. Love it good stuff. So yeah you might you choose to trade something else just bear in mind you do have to check with the prop firms and see if they allow that trading instrument. I know the DAX is not one that they usually allow. So you'll have to check on the others. So yeah future it looks bright good. All right we'll hope for the best there for sure. Any free trial we don't do free trials in this program. You know really we try to just make sure you have all the info that you need in order to be deadly and make sure it's a good decision and it is a come as you go come and go as you please I should say. And so there's no requirements to stick with it. There's no contracts anything of the sort. So we'll help you make a good decision and I think it'll be a good fit and then if you decide you know during the first few months just not for you then you can cancel anytime and the only thing you're out is the quarterly and so yeah it's a it's really it's you know make sure it's a good decision for you and we'll help you get to that as well. What else let's put it this way we have hundreds of traders that are in this program and we're not getting refund requests let's put it that way. Traders are getting a lot of value out of this and it's still early in the game right but now our traders are really loving what's going on and it's been really good. So it's really been helping a lot of traders. Good stuff good deal. Well traders I think we're good to go on this end I think I want to thank you all for for joining me I know it's you know time is precious and I appreciate you spending some of your time with me and and with the the other traders here and so thanks so much for coming out. If you have other questions reach out directly you know just feel free to email me gym at nstradingacademy.com or you can send it into support and we'll be happy to help you out. Thanks Fausto and the team for for having us really appreciate it. So I think we're good to go. Traders have a fantastic rest of the week get out there go crush the markets make some more money and if you need help we're here. Yep. Cheers everyone have a great evening.


see what the market looks like today a lot of mixed move things are all over the place some stuff up a lot some stuff like down a lot Moderna was up and down today all over the place Netflix up and down under armor ccl crazy move today check out the earnings so MU reported it started to blast up what's up man what's going on Harris Jimbo heavies how you doing mass appeal this is one of the first times MU is moving up so MU's earnings per share is $2.16 beat estimate of 211 sales is 7.69 billion as opposed to 7.67 bill this is 176.9% increase compared to the same period last year and 33% increase in sales compared to last year's so margins was really really good sales didn't even increase that much that's crazy hang in there man hang in there it's certainly a beautiful rocket because the first time I buy costs of $5 well what cost did you buy for $5.95 so when we talked a little bit about this last week how a lot of the semiconductor companies they all have been really really great earnings despite this whole chip shortage they all have been like out of the world earnings and they all have been like some of the best quarters ever and they were just making really really good margin so obviously the same thing is happening here with with MU they're you know they're getting all these great things check out that guidance that just came out so MU sees Q2 2022 revenue 7.5 billion dollars give or take 2 million as opposed to 7.28 earnings per share is $1.95 give or take 10 cents as opposed to $1.86 so those are pretty good numbers though that was top and top and bottom beat um and top and bottom guidance on the upside we'll see um closely was market and closing balances 2.7 billion to the buy side so you might get a dead cat bounce tomorrow um and myself off a little bit throughout the week as well what's up good afternoon let's see if we can get to $90 on MU man I would love to see us get back to $90 that would be nice you can do it MU you can do it come back to 90 so the the thing we're using to get information for earnings is from Bazinga pro you can um you can sign up for a free trial using their using their system and you can get like two weeks of free trial as well to to see this too we got to set up the tabs if you need help just show me a show me a message on discord and I'll help you out here's a link you can get it my $90 lotto call would like that too I know same here we um we lotto some some MU for earnings as well and and hopefully we we need that big move for it to play out so it was expecting for MU to move to $90 uh if we open at around we opened around 88 we'll probably be up somewhere around this range if we open up around 90 um and we stay around 90 we could potentially you know um see a very strong move very strong move but we got to hold this position till like Thursday so MU needs to hold that $90 area till Thursday for us to make like three four hundred percent but MU is tricky though man they're like one of the hardest stocks to hold earnings gains let me show you what I mean by that so like the last time MU had a good earnings it had a nice pop after hours came back down same thing this other time had nice pop came back down as well so I don't know if we can hold the game I hope it does hopefully it does one of these days where it marks they held the game really well um and started to stay in that range because that would be very juicy but knowing MU man I'm not too excited we'll see what things look like tomorrow stock to its MU exposure right now MU always like generates a lot of love and hurt hate relationship let's check out this other earnings video running very nice very nice what's up red air very nice though boy you can always just look at the next contract see what the IV is for the next contract versus this contract um and you can kind of try to figure out the difference there so let's see CVGW earnings per share is negative a cents as opposed to negative 11 cents sales is 273 as opposed to 263 this is a 123 decrease compared to earnings from the same period last year uh the company reported quarterly sales of 273 mil which beat the estimate by 3.8 percent this is a 16 increase compared to last year so it looks like avocado prices have gone up but margins have gone down for them probably supply chain costs just wrecking them slapping them across the face I think this is the avocado company yeah this is uh this is the avocado industry and expanding provider value added fresh food it sells avocado to a group of supermarket change so a year ago the company was trading around 70 dollars right now it's trading around 39 after hours it's 36 oh two years ago two years ago this company was trading around 94 dollars man avocado is not doing good hey what's up man so i'm moving hard i had a ghost ask me about today's clothes oh wow let's check out this arc restaurants what did they do what is arc restaurants didn't like you report yet um I haven't seen it we're still waiting for the Nike they have a restaurant called yolo's oyster house so eps of dollar 89 up from 54 cents then the negative side sales is 42 mil up from 21.77 96 percent increase compared to the same period last year so obviously russia industry last year got beat up so it's easy to beat last year's numbers um pre-covid was around 22 right now it's trading at 16 came back to 24 at one point and lost all that gains interesting let me see how their forecast is nothing useful let's look at nikes oh nikes moving up nicely after hours we play for nikes oh shoot we play 170 for 90s pretty far away crappy soup what's up man this must be three days no poop did we go through emu uh yes we just went through emu they had a pretty decent earnings like all the semiconductors they're moving up guidance was good um eps guidance was good both good kathy dines at arc yeah she better right emu scan us again i'm glad blacklisted oh no did it really did it scan us ghost candle back down to 82 that was funny hopefully we'll see we'll see where it stays hope for you haven't you filled this for your monitor workplace um just a little bit just the sources here and stuff single and wire earnings and guidance if you need help setting that up just give me a message on this point and I'll help you set up oh here we go here we go nike nikes earnings per share is 83 cents the estimate of 63 sales is 11.36 billion um as opposed to 11.25 they said that this is a 6.41 increase compared to earnings of last year that was a year ago a year ago the company was trading 147 this is a one person increase in sales compared to last year's so the numbers are pretty flat compared to last year's and you know last year's company was trading around 143 to 147 range not much movement there got away for that guidance to see where they're gonna lead us possibly semiconductors have been carrying the market pretty well it was bearish on the new I feel you man I think a lot of us was has has always been bearish on the new for the last few quarters but you know you know the semiconductor industry man they've been doing really really good literally every semiconductor stock that we reported the last the last month or so has had phenomenal numbers and they've just been going up it's like it's almost like you can't go against the semiconductors right now let's see for a bit in hey what's up spend oh yeah the MU calendars are looking good right now um as long as we were in upside we get somewhere close 90 dollars and we stay there for the next two three days oh we're gonna be good really really good so Nike's starting to move up let's see what do we need Nike to move um we need Nike to get close to 170 for us to really be doing well I mean our orchestra like near 160 right here but if it goes to 170 where's Nike at so we play Nike on the earnings challenge that's why we're looking at it um if you guys haven't seen it there is thread there's a thread in there account challenge section um or we're taking a lot of these throttle plays on the earnings and stuff so right now and like he's at 162 after hours at 162 we're making chum change um if that shift it stays in this range we won't make money until until Friday um if it stays that range if it starts grinding up it moves forward on Friday essentially make a lot of money the thing about the thing I was looking forward to on Nike is that I'm looking forward to them talk a lot about the what do you call it the the Nike land so I want to see I want to hear about what the potential on that is hopefully they say more about that in the earnings call the Nike direct sales were 4.7 billion up 9 percent Nike brand digital sales increased 12 percent gross margin continues to increase somehow I'm not sure how pretty magical there like he says that their strong result this quarter provided proof that our strategy is working as we execute through a dynamic environment um we're now in much stronger competitive position today than we were 18 months ago I want to thank our roughly 75,000 global teammates for all their work to provide consumers with a compelling new product innovation and experience that only Nike can deliver thank you very much chow labor like he says thank you did they say anything about buybacks um not sure yet we'll see second quarter revenue was flat as we continue to manage I'm going to pack a supply chain challenge across marketplace revenue in greater China and APRA decline largely due to lower level of viable inventory coming from COVID-19 related factory closures work while closure had an impact across our portfolio North America and EMEA delivered growth due to higher level of in transit inventory entering the second quarter despite inventory constraint and supply chain challenges like he grew 8% that by North America direct growth of 30% including record black Friday results wow like your brand digital deliver growth 11% in North America um while partially being offset in greater China apparently converse is getting popular again revenue for converse was 557 million up 16% inventories are up so that means inventories if inventories are up that means they have a lot of stuff and supply which means like they've been anticipating the supply chain issue well and they've been storing things so like each dividend has increased 14% from the previous year where we purchased a 958 million per quarter $15 billion program approved by the board of director in 2018 um so they still have about more than half of that buying power left so to answer um to answer your question if they said anything about buyback they didn't announce a new buyback program but they do have existing one um that's from 2018 where they still have more than half the buying power left so that's pretty much if the nikes earnings report for us we didn't see anything about you know nike land anything so i hope that's something they'll talk about in the earnings calls and that could possibly get people pretty excited what's rt fkt oh this is like nft thinking so nike recently looks like nike recently um acquired this company last week on monday so that's something that could be pretty interesting nike doing nfts and things like that like it is a very solid company man parts are short parts are short supply chain issue cannot affect them it's like it's like it's like like they just can't beat the feeding man like just get just get wrecked by supply chain issue already nike please we're actually coming down a little bit after hours here so we might have an opportunity to sell the put position um if we come back to if we come back to like 155 we might have an opportunity to close out that put position and then just ride the call side but we'll see where things take us it's gonna be interesting tomorrow this week is gonna be very very interesting for the earnings challenge because we're having a short a week and a lot of the stuff we play is on monday and i don't think we really have anything for like let me see let me see what we have later this week so yeah so we have nike mu tomorrow we have right eight we have blackberry and then on monday we have car max and paycheck and sent us um thursday we have mogu i think that's the crypto company or is that mogu so i'm not even sure what mogu is and then friday the stock market is closed so i might set up a plan car max that's gonna be interesting one and maybe a plan sent us so those are both interesting well let me look up sent us see see where they're at today sent us actually had a gap down or 40s gap down to 429 um would actually been a good time to to start a bullish position on it because they're a uniform facility company advise uniform rental stuff actually i'm not even sure i'm not even sure how they react to the whole covid thingy one way you can say it's good and the other way you can say it's really bad for them you guys have any charts you guys want to check out so i feel like for sent us we could potentially move back to animal b-line at 412 it's actually it's actually like had a pretty good run for what it for what it does all right let's check out oxy oxy came down to the major support today actually $26 that was a major area of support purple poc bar so that's a point of control that's gonna be interesting area as well let's look at crude oil so it looks like last time i look at crude um i said that there's a possibility that crude oil could come back to the $65 area or maybe even $64 range i think that's a good range if we want to load up on oil um assuming inflation can move but at the same time oil is also a a like economic factor as well so it's also effective for economic activities if we're getting shut down across the board that could also be fairly bearish for oil too so we have the bullish and thing for oil which is um you know which is inflation but the bearish thing for oil is the economic activities but i do know we have this really nice trend line here that we applied three times already four times actually and we can see a fifth move here and that could be a good area of risk reward to buy the dip on oil so watch out the oil futures on crude oil for $65 level we hit a little bit of that today we hit 66 for a second i don't think that i don't think the drop is done there though so far let's take a look it was looking good last week i remember but probably a little bit a little bit ugly today let's see actually not that bad not that bad um we said there was opportunity with a double bottom set up it was coming back up against the trend line here uh came back down setting up that second bottom and we haven't actually lost a lot of the mood today so that's good it was actually relatively flat today if market continue to run then you can see so far come back to 1758 so that's going to be a pretty good move car max might take away at the we have the money call hope we get avis hmm that's possible i'm not sure how well car max is going to get that avis kind of move because um avis move was also more like a hedge fund move they also had a lot of money on hand so they were able to do things a little bit different let me see avis is actually car so avis had a lot of cash on hand last time they used it to do share buy back something like that let me see where how much car max had yeah they don't have enough cash on hand to do a buy back or anything the only thing they can do is just report great quarter that's it they can do a buy back so i would not um expect them to do something crazy move like like avis did could be wrong who knows still great like still they're still gonna have good earnings though but i think some of that's gonna be priced in on them having like phenomenal earnings compared to 2020 year 2020 prices because they also moved up a lot coming to trader 100 when as high as 150 it is coming closer to trend lines here so this is a good trend line move so if it's gonna bounce you can see a good move on the trend line bounce um maybe a possible move to 140s if it does bounce there maybe even have maybe or even haven't before earnings man shoot yeah that's gonna be interesting move very interesting move there asana car max posted the chart and and um in discussion channel should be able to see that there so fine that you man let's check out asan asana oh that's a nice double bottom set up there too seeing that nice double bottom move if we can break above this level we easily see the move to 98 asan thoughts on tesla um let's see the calm before the storm so last time when tesla was over here on the half day chart um it was either setting up a possible double bottom you know to move up back to the trend line here it was coming back down to the 867 area looks like we got pretty close to that today um i still think we can hit that area i still think we're gonna hit that 867 870 range there um i think that would be a possible area of a good bounce so if it hits there i could see us possibly doing a move for a good bounce to like 980s 990s um but who knows man who knows tesla is tricky like that but i think the risk reward for the bounce there is reasonable it could happen would i play straight calls on it no i would not i wouldn't touch straight calls because it's very expensive i'll probably do a calendar or a bow call spread um if i were to play it so that's going to be a pretty interesting move if that happens looks like big quinn's having a nice run spy hit that area perfectly almost today let's go over um market outlook chart that we talked about this morning so usually every week we post out the market outlooks what things would look like what could possibly happen um so last monday we looked at spy we said that you know last week it was a good time to take profit and that you know that aged pretty well we had a good opportunity to profit last week as the market moved up a lot um and came back down so this week as the market reacts to bad news of omokron i would say we could sit on hands and wait for opportunity near 449 area on spy um our es so we kind of hit that 449 450 range and which is this this trendline mob line there and we had a nice bounce text sector was very choppy last week as expected as well we had potential double bottom setup the w pattern but the selling pressure was strong on friday so that could invalidate the w setup and indicate more selling we're looking i was personally looking for support round 373 i think we could still go there we haven't really tested that range yet so we'll see how things play out financial sector looks like friday's close signal the downtrend last week we're either going up and down um looking for a move to 37 60s on xlf um to provide an opportunity and dollar index the dollar index has just been strong above 96 i don't see um i don't see like easy recovery to the market so let me see let's see how things play out be quiet best buy so we hit that 37 60 we even went as low as 37 22 when the intro sector looked pretty beat up today um i still think it's interesting buying opportunity i think it's just getting beat up because the dividend being on the same day as well so but if there was one sector i would look to buy the dip was probably the financials dollar index was still strong today we're still above 96 50 spy actually hit the bottom of the trend line um i mean the bottom of the bottom of the mo b line at 378 we're doing it 377 47 um so touch the mo b line really nice had a nice bounce there spy also hitting the mo b line as well very nice move i think we might get another opportunity tomorrow i can be around because we're gonna have like the joe biden speech so there's probably going to be a good area to start picking up position um start some small buy the dip opportunities and see where that lead us for the rest of the week i also posted that um something to look out for you um europe is bracing for another co snap so we can see some moves in the natural gas sector so that moved 3.9 percent today china central bank was reviewing the long rates today um so that could be something interesting for the real estate market they've been collapsing pretty hard so those are some things we're looking forward to here bnb so that the market outlook is always posted in the stock elite panel every monday here bnb wow dropped pretty hard big area of support in this range here with the purple bar and mo b line on the half day chart it looks like we had a nice bounce there so that continues tomorrow we got money flow signal smart money buy signal coming in there um the bounce continues we could easily see 166 and there bnb actually but that's a short term move though every bnb has a bunch of competitors man they actually have a lot of competitors coming across the board coming up across the board to compete with them um but naturally they're also a huge competitor against hotels as well and they're they're at a point where they're kind of like uber now where they used to be really really cheap um and and like their prices are unbeatable but i think they're getting to the point where they're not as cheap anymore you know um as opposed to the early days of air bnb just because there's so much fees cleaning fees and all these other miscellaneous things that gets attached to it but technical wise it could be sitting up for that good bounce we're looking at 167 folks to the chart and and our discussion channel check that out over here so i hope that helps man i might get another bounce and go tomorrow lumbar started breaking so lumbar started running like crazy not as high as a may but started moving up starting to break down a little bit today facebook is also pretty beat up that's something i would look to um pick up there uh if we get the opportunity tomorrow apple breaking under the trend line death for apple for the bounce around 165 and that's a whole Netflix was the only one that was pretty great and out of all the thing today possible possible reversal set up here possible double bottom in a way getting a smart money buy signal today as well um they're pretty cheap finding finding that support in this range over here at 590s so if we do reverse we could have a really nice move back to 624 630s easily looking for that possible move this week so we'll see cool go roco's interesting um struggling at that reasons here at 235 had a big move last week um and struggling against this line so it's also a double bottom set up here too we either come back to 270s or get rejected and come back to 200s again 178 i mean i think i think there's some light resistance at 178 i don't really see it uh maybe at 182 for TTWO the gaming sector could be potentially bullish due to um due to covid as well we have a possible inverse head and shoulder set up over here so inverse head and shoulder if we started up there it'd be like this and you can see that potential move finished around 187 189 range on TTWO AMAT let's see we check out the earnings from last time so AMAT had earnings about a month ago november 18th um last year they they were trading around $84 and right now they're trading at 145 147 ish they had a good earnings per share 55% increase in EPS and 30% increase in sales so that you know the fundamental and macro growth story i see they're pretty in line with their current price point right now so they see you know they do see potential growth um but things are iffy things are iffy there man they're they're either gonna make you know give or take 6.1 billion as opposed to 6.5 so supply chain issue is gonna hit them a little bit harder than some of the other semiconductor companies so it's not something i'm too crazy about on a two-year basis the company have appreciated 100 i think the most on the value semiconductor stock right now is probably MU because MU actually hasn't grown much in the last two years i mean look at the chart it's trading around like $54 when as high as 96 at some point yeah they haven't grown much at all and you know their EPS just had 176% increase but the stock has been pretty um pretty pretty flat and sloppy boeing also coming back to double bottom move here that could be interesting as well international's coming back down to the bottom of the trend line oh target oh shoot target broke that support oh microsoft could be interesting as well tomorrow like he started to move back the hours nice looks like they did have that next leg i'm still looking for that 170 move so hopefully gets there did you play the earnings call from nikes in that cat challenge nice so yeah hopefully this move to to arrange but yeah i think that's pretty much it here i'm gonna end the stream here we'll be back here tomorrow to go over some of the other earnings on you know like right a and and blackberry oh i actually didn't go over carnival today but um carnival earnings was actually pretty ugly they lost $2.6 billion this quarter um but they did say that they expect to be fully running by June of 2022 so that's why carnival ran up a lot today they said they're gonna be back to full capacity even and running every single one of their ships by June of 22 next year but i i think that schedule is gonna change real quick so that's gonna be something interesting other than that have a good night guys and take care


As we all know, Biden was in Israel. He got his photo ops. He got to hug Bibi more than once, pretended they were best friends. You know, Biden enormously critical of Bibi Netanyahu. Not a very warm relationship at all. But in this case, Biden has come through and is the great friend of Israel and so on.  I mean, so it's clear that they're leaving themselves space to turn against Israel if the casualty list, the civilian casualty list in Gaza, a climb's too high. They're leaving themselves space to be able to condemn Israel if Israel does things they don't like. They're leaving themselves space to appease the Arab countries, which they're very concerned about. They seem to be very, very worried about the views of the Arab countries and they're leaving themselves, I think, space to deal with that. Yes, Jennifer, absolutely. They are cowards. They are cowards. They won't stand firmly behind Israeli victory. They're saying the right things and I have to say that people in Israel, when you talk to people in Israel, are super thankful and truly believe that Biden is on Israel's side and have nothing but positive things to say. I think they're missing out. I think the real, in the background, what's really happening is the United States is tying Israel's hands. The United States is restricting its ability to react. The United States is making demands on Israel that it's delaying the land and the ground incursion into Gaza and going to make it very, very, very difficult for Netanyahu and the rest of the Israeli administration to fulfill their promises to their voters about eradicating Hamas and eliminating it once and for all. I think that's going to be very, very difficult. If your primary concern is civilian casualties. So it's going to be interesting to see the next few days and interesting to observe both the Israeli administration, what they do, so far very little. Indeed, I just was reading just before the show started, and I know this because I talked to my family today, that they're releasing some of the reserves to go home. They're telling them to be ready to be called up immediately again, but they're releasing some of the 360,000 reserve troops that they have. Now that might be releasing them for a few days and then calling them back for the ground invasion. It might be that they're scaling back their activities. It might be that the U.S. has cut a deal with Iran about Hezbollah. It might be that there are other things going on where Israel is less concerned or less committed to what is going on, or what is going to happen. The U.S. says something about international laws. There's no such thing as international law. International law is a bogus concept. Law that cannot be enforced. Law that does not have an enforcement mechanism is not law. It's the same reason there's no such thing as law and anarchism. There's no mechanism for enforcement. There's no agency of enforcement, and therefore there's no such thing as international law. There might be treaties. There might be understandings. There might be commitments. There might be things like that. But there's no such thing as international law. And this is a bogus term that the Europeans like a lot. Luckily the United States and Israel have not signed up to much of the international criminal court, for example, so-called mandate. But no, I don't believe in international law. I don't believe in the Geneva Convention. I believe in only one thing, and that is that the good guys have to win, and they have to do everything, everything necessary to win. And that is the only standard by which they should be measured and evaluated. Is are they doing what is necessary to beat the bad guys? Are they doing what is necessary to defend the individual rights of their own people? That is the only standard in war. There is no other standard. There is no standard of that. Hague, or Geneva, or Joe Schmoe, it does not matter somebody else's decision about what's appropriate in war, what's not. You know, it's not Augustine. It's not Thomas Aquinas. It's not Michael Walter of West Point. The only standard is victory. A victory about minimizing casualties to one's own people. Victory while defending and protecting the individual rights of one's own people. Victory over evil. And yes, the rules are different for bad guys and good guys. Bad guys, people initiate force and are allowed to initiate any force. Initiation of force is always bad, always evil. In self-defense, you can do whatever is necessary to defend yourself. All right, let's see. Sochamas killing civilians is not the same as Israel killing civilians. One is an act of horror and murder and massacre and evil. Initiation of force and the other is an act of self-defense. All right, let's see. Yeah, so Biden did what he needed to do. I think he's going to lose some votes on the extreme left, but I think he just gained independence. I think he comes across. And this is not me. This is just from the perspective of, I think, American, I think Poles and I think just presidential politics. I think he comes off as a statesman. People view this as an act of strength. They view it as an act of support for an ally. I think he only benefits from this. I don't see any downside. I mean, I see through it, but I doubt very many people out there see through it and particularly people who might be on offense about voting for Biden. I don't think they see through it. I think this is a net win for Biden. I see no downside for him coming out of his visit. He comes across as, wow, going into a war zone. That's courageous, if you will. Notice that today, the Prime Minister of England, also somebody who's going to have a really difficult election next year and who is probably going to lose significantly, is also running over to Israel to show how much of a statement, how much of a supportive he is, how good of an ally he is. We'll see how quickly it turns when things get tight and hot. But yes, Sunak is in Israel as well. So Israel is now the place that if you want to appear tough to your electorate, if you want to try to win an election next year, Israel is the place you go to visit.