Key insights

• 💰 Accumulated over $700,000 in profit day trading
• 📈 Started a trading challenge with a new account to show transparent trading
• 🎓 Wants to help others learn from his earlier mistakes as a trader
• 📊 Shares plans and analysis for the day's trading
• 📉 Monitoring price movements and identifying potential trading setups
• 🔄 Evaluating the potential for holding runner contracts based on market conditions and account objectives
• ⏳ Emphasize the need to trust the overall model and be patient in trading decisions
• 📝 Journaling trades using Trade Z for transparency and process analysis

Q&A

• What are the trader's goals and trading strategies?

  The trader aims for consistency, plans to increase contract size upon reaching a certain threshold, and emphasizes the significance of adapting to varying trading conditions. Additionally, the trader shares his journey transparently with students for educational purposes.

• What were the trader's key insights about risk management?

  The trader successfully executed trades on a small account with good risk management, emphasized the importance of consistency, and provided statistics indicating planned and realized risks. Additionally, the trader closely monitored order flow, market structure, and fair value gap for making successful trading decisions.

• What topics are covered in the video?

  The video covers discussions on market manipulation, potential trading opportunities based on order flow and account size, decision-making processes, taking confident trades, and emphasizing the need to trust the overall trading model while being patient.

• What is the trader's trading challenge about?

  The trader has started a new trading challenge to demonstrate transparent trading and help others learn from his mistakes as a day trader. He aims to provide insights into his journey from making small profits to accumulating over $700,000 in profit.

• 01:33 A 20-year-old day trader shares his journey from making small profits to accumulating over $700,000 in profit. He's starting a new trading challenge to demonstrate transparent trading and help others learn from his mistakes.
• 05:54 A trader discusses market manipulation, potential trading opportunities, and decision making based on order flow and account size.
• 08:53 Trading commentary on taking confident trades, the importance of not getting sidetracked, and considering standard deviation projections. Emphasizing the need to trust the overall model and be patient in trading decisions.
• 13:20 Successfully executed two trades on a small account, aiming for consistency and significant daily increases. Journaling trades using Trade Z. Stats show 2.7 R planned risk and 2.5 realized risk. Bearish order flow led to a short position with successful outcomes.
• 15:54 The trader executed a successful short trade with good risk management, yielding a profitable outcome. They had a bearish bias but also considered a possible upside move. They closely monitored order flow, fair value gap, and the unicorn model to make trading decisions. The trade on Friday also resulted in a profitable outcome due to careful assessment of market structure and order flow.
• 18:39 The trader had a successful day with good risk management and execution. He aims for consistency, plans to increase contract size upon reaching a certain threshold, and emphasizes the importance of adapting to varying trading conditions. The journey is shared transparently with students for educational purposes.