Key insights

• ⚙️ The mentorship focuses on teaching trading to the mentor's son, with an emphasis on mindset and setting up charts.
• 📹 The son will document his progress on a YouTube channel and use TOP Step for a funded account.
• 📈 The mentor emphasizes the importance of understanding market movements, avoiding distractions, and developing real skill as a trader.
• 💡 Focus on developing your own trading mindset and strategies instead of copying others.
• 📉 Realistic expectations, readiness to face adversity, and the importance of constant learning and preparation are crucial in trading.
• 🔍 Importance of understanding market expectations and trading with care, starting with micro trading and learning to anticipate price movements.
• 📊 Emphasis on smooth price action, observing specific price levels and patterns, as well as live observation and analysis of price action.
• 🔄 Emphasis on learning and understanding market behavior and biases, identifying specific trading times, and determining biases based on relative equal highs and lows.

Q&A

• How does the speaker suggest determining bias?

  The speaker discusses determining bias based on relative equal highs and lows and emphasizes the importance of staying calm and not trading impulsively, as well as the risks of overleveraging.

• What is the importance of specific trading times according to the speaker?

  The speaker highlights the importance of focusing on specific time frames (7:00-7:30, 8:00-8:30, 9:00-9:30) and identifying smooth areas in the market to determine biases and trading opportunities.

• How does the speaker suggest making trade predictions?

  The speaker emphasizes the significance of observing specific price levels and patterns for making informed trade predictions and criticizes the use of market replay in favor of live observation and analysis of price action.

• What approach does the speaker suggest for trading?

  The speaker suggests starting with micro trading, learning to anticipate price movements, being disciplined, and emphasizes the need for patience, adherence to rules, and avoiding over-leveraging.

• What does the speaker emphasize about trading mindset?

  The speaker emphasizes the importance of developing one's own trading mindset and strategies instead of copying others. Realistic expectations, readiness to face adversity, and the significance of constant learning and preparation are crucial in trading.

• What is emphasized about understanding the market's movements?

  It's important to understand market movements, avoid distractions, and develop real skill as a trader to succeed in trading.

• How will the mentor's son document his progress?

  The mentor's son will document his progress on a YouTube channel and use TOP Step for a funded trading account.

• What is the focus of the mentorship?

  The mentorship focuses on teaching trading to the mentor’s son, with an emphasis on mindset, setting up charts, determining trading direction, and avoiding detrimental trading practices.

• 00:28 The mentorship is about teaching trading to the mentor’s son, focusing on mindset, setting up charts, determining trading direction, and avoiding detrimental practices. The mentor's son will document his progress on a YouTube channel and use TOP Step for a funded account. The mentor emphasizes the importance of understanding the market's movements, avoiding distractions, and developing real skill as a trader.
• 24:18 The speaker discusses the importance of focusing on one's own trading mindset and the detrimental impact of copying others or seeking shortcuts in trading. He emphasizes the need for realistic expectations, readiness to face adversity, and the significance of constant learning and preparation. The speaker also challenges the audience to assess their mental fortitude and highlights the rigorous nature of trading, refusing to offer false comfort or quick solutions.
• 45:04 The speaker emphasizes the importance of understanding market expectations and trading with a careful approach. He suggests starting with micro trading, learning to anticipate price movements, and being disciplined before considering advanced techniques like pyramiding. Emphasizes the need for patience, adherence to rules, and avoiding over-leveraging. He highlights the significance of studying price movements at specific times of the day and the characteristics of market behavior associated with liquidity and inefficiencies.
• 01:07:54 The speaker discusses the importance of smooth price action and its impact on trading decisions. They emphasize the significance of observing specific price levels and patterns to make informed trade predictions. The speaker also criticizes the use of market replay and highlights the benefits of live observation and analysis of price action. Additionally, they address the complexity of trading dynamics and the importance of maintaining a rational approach to trading.
• 01:32:22 The speaker emphasizes the significance of learning and understanding market behavior, biases, and key trading times. He highlights the importance of focusing on specific time frames (7:00-7:30, 8:00-8:30, 9:00-9:30) and identifying smooth areas in the market to determine biases and trading opportunities.
• 01:53:41 The speaker discusses how to determine bias based on relative equal highs and lows. They emphasize the importance of staying calm and not trading impulsively. The speaker highlights the significance of smooth areas and the need to backtest the strategy. They also stress the risks of overleveraging and the importance of enjoying the trading process. The overall tone is educational and straightforward.