Trading Simple TREND LINE Strategy Made Her $100K A Year!

I I've had the ability or the opportunity to have a $50,000 trade but I have clipped out of most of my trades early because I'm like we're at 30,000 close it or we're at 40,000 close it so it's the dollar amounts are getting to me and then I actually was a Beauty School Dropout didn't even make it past beauty school and then my uncle just presented the opportunity he's like let me show you what I do and I was like I don't even know if I took it that seriously at first which is kind of

crazy I had a few moments where I did question my uncle which was I feel like ah so it's such a kind of crummy thing to do where I'm like I can't find consistency so maybe he did something wrong maybe he's not actually showing me and like you can tell that's when you're going off the rails like when you start trying to blame somebody else for your own trading it's fine you're doing all right you're doing good continue to get the chart time in this was a good loss this was a good loss this was

a bad loss so it's just if I had known that it was just going to be a journey like I just wanted to rush it and I think that's the hardest part is you just want to go from 0 to 100 if I had the mindset knowing that this is going to take me a few years would have enjoyed the whole process it would have been great actually I'm going to be totally honest with you there was a a trend there was a corn song that came out what after Co you haven't heard the corn

song What A Corn song It's a corn song is this like a jenzy thing [Music] probably and I was like you know what would be really funny is if I traded corn and it would go viral and I ended up losing $1,000 on that trade oh okay because of the song we're going to blame the song we're going to blame the song yep today we have a very very special episode I'm finally joined by a female Trader on the podcast Tori trades some of you may have seen her on YouTube and Instagram known for her

trendline trading strategies what Tori has contributed to the online trading Community is amazing because she's one of the very few traders who emphasizes Simplicity in trading make trading simple that's going to be the topic of our podcast today and I hope you're ready for a very inspiring podcast today because not only will you learn about Tori's full strategy breakdown you're also going to find out how she became a successful Trader as a College Dropout since I'm finally joined with a female trading content creator we're also going to discuss the impact of social media on Traders

mental health if you've been loving the humble Traders podcast series please remember to like this video and give us some free support and don't forget to share your thoughts with us in the comment section below now let's get [Music] started welcome Tori to the humble Traders podcast thank you for having me you know we we have many episodes over the last couple years and everyone's always saying why is there never a female guest so there's not many of us I know I know it's it's true but you are our first female guest I'm so excited

I know that way cool yeah I've been trying trying to uh to get more female Traders out here but I'm glad I found you yeah absolutely so without further Ado I always want to start with kind of introducing your trading style to our viewers so if you could tell viewers what trade uh what kind of Trader are you what do you like to focus on and what instruments do you trade okay so I trade a fairly simple strategy it is trend lines essentially it's essentially trend lines um in the past I tried to kind of

narrow it down to what trend line setup works best for me and I've tried channels I've tried um the retest of trend lines I've tried the balance of a trend line and it seems like I have over the past few years kind of narrowed it down to just maybe two or three setups to where it's a three touch Point Break of a trend line and then I am essentially trying to stay in the new trend so we've got a break of a trend in either direction bullish or bearish and then I'm trying to stay in

for the new trend for as long as I possibly can okay so there's there's criteria to it I get a lot of negative feedback on social media by trading something so simple but then I think people don't understand that there's actually a lot of criteria that's involved like a lot of things have to fall into place for me to take my setup so it's not simply throwing lines and you know drawing on a coloring book on a chart it's waiting for setups to come um I'm in a higher time frame so I trade the 4-Hour

time frame so it takes a little while for even to set up to come to be presented yeah and um I'm Trading in the Futures Market I have traded mostly Platinum this year which is such a weird one that's so Random actually be honest really random yeah very R I just found so much success in it I found it respects trend lines it's if you were to look at it on a chart and just draw some lines on there you're getting like four or five touch points on a trend line on a regular basis it's

it's so aesthetic um I did trade crude oil before that and crude oil was one of my main instruments so it was crude oil then I kind of transitioned to platinum but in the past I've traded gold I've traded some of the indices I experimented with corn oh wow you traded everything traded it all how long have you been trading now I've been trading for 9 years now okay and you during that nine years have you always focus on Futures and swing trading no so it actually started in the stock market so my uncle taught

me how to trade and he was a retail Trader he traded stocks um he would trade stuff like Amazon Ford I'm tring what were the other big ones that he he did Google Apple I remember I traded Chipotle I loved Chipotle we did price line which I don't think Priceline is a thing anymore I think I've looked at the ticker symbol maybe the ticker symbol changed but okay I remember I traded Price Line too but I started in the stock market and in the 5 minute time frame so I was a day trader oh so

you made the transition from day trading to swing trading over the last n years um that transition to swing trading specifically has been officially in Jan anuary it'll be 2 years oh okay yeah so I'm still kind of new to swing trading oh okay that's kind of similar to the kind of the journey being on I'm trying to day trade less and focus on the swing trades cuz I I do realize you could make some big gains from swing trading go do your uh criteria everything your strategy right yeah patience I mean when I did

make that transition though Shay it was the hardest going from the well first the 5 minute to the 1 hour then I did the 1 hour to the 4 Hour yeah that was hard oh my God it took me all year it took me all year to be comfortable in the 4-Hour time frame to stay in the 4our time frame to not bounce back to the 1 hour looking for entries over there or trying to find exits in the 1 hour to truly just stay be comfortable and confident in the 4 Hour it truly took

almost a year oh okay and now this year I feel completely confident and comfortable in the 4-Hour time frame okay we're going to have to dive into your specific strategy in detail in a little bit this episode of The Humble Traders podcast is made possible by stocks. my proprietary scanner we just got a major update on stocks so now you can access live news feed charting flexible scanners and layouts built-in customizable scanner templates and so much more and all these data are live available from 4:00 a.m. premarket hours all the way through after hours at

8:00 p.m. Market time so make sure to check out stocks. the fastest and the most most userfriendly Scanner with a link down below now back to the video we're going to have to dive into your specific strategy in detail in a little bit um but I just want to want our viewers to get to know you better so you you mentioned you learn to trade from your uncle so is it is it like a family does it run in the family where you guys have a lot of Traders no no no we're the only two

my uncle and I are the only two um he was a retail Trader he was selftaught way back in the day I remember um growing up anytime I would go visit him and my cousin and my aunt I would hear order filled like in his office all the time interactive brokers sound he was doing trade station but yes I think it's probably the same guy same sound all the time he had all the monitors and like I would just peek in that office and it would be the coolest I'm like wo I don't know what

goes on in here but it looks so neat and then finally when I was 23 he taught me and one of my sisters how to trade and he did it for more of like an experiment kind of thing to see you know if he can teach he he thought that maybe if I teach him younger like maybe they'll they'll go so much farther but he he he I think I was the only one that actually ended up making it work so he's taught you know other nieces and nephews he's taught his sons his daughter tons

of family friends I mean he's everyone that was like I want to do what you do and he sat down and taught him but it turns out it's just a really hard thing it's just really hard it's really with boring to in the beginning right yeah so okay so you out of all the all the family members you're the one who made it work and who are still trading after 9 years yeah oh it must have been so nice to have a mentor in person who's also like a family member so you know for sure

he has your best interest oh my gosh absolutely I think that's and that's a that's a very privileged thing that I have like to actually have someone tangible I could call him now just to get advice on a trade to talk about a trade to vent about a trade um to see his thoughts on a setup and that's that's not something that many people have and I think that's I have to owe all of that to like my success in trading is because I did have someone that I trusted fully I didn't think he was

gatekeeping you know not sharing the full strategy or he wasn't actually making the money he did trading I saw all of it I saw his lifestyle I I went to go live with him for a year to actually learn and I got to look over his shoulder and see his trade see his accounts and see he was actually doing this so full fully trusted oh so you mentioned he trades stocks so that's what you for that's why you first started with stocks okay and when what made you to do this transition from stocks to you

know other instruments and kind of start to deviate away from what he's taught you so he made the transition that's the only reason I did so he made the transition to Futures as well and he you know he showing me a few trades he's like this is the Futures Market it's called the ym and it's the Dow and you know I'm used to seeing the Dow and in the Futures I'm like okay okay and I saw that you could trade almost 24 hours out of the day um with the exception of weekend I'm like is

that a good thing or a bad thing it was probably a bad thing at first for sure like it was better to have some structure and like a cut off but I was like oh that's appealing okay all right so I can trade in the middle of the night sure let's do it and the leverage for futures it was it was an easy convincing so I was like okay so whatever you're doing I'm going to do it too and so now I've made the transition with him what kind of what's leverage for futures cuz in

stocks is like one to four okay um same with with trade stations so I use trade station it's a regulated broker in the US and they do equities and Futures so I trade on the margin account and it's about four times the buying power it's not anywhere near what you can get the leverage you can get with like crypto or with Forex anywhere near at all but it's still more than most oh okay interesting so is your uncle still trading nowaday okay he hasn't retired yet no you know I don't know if he ever will

I don't think he ever will okay MH um have you always um kind of talked about like your both your wins and losses with him and and how does he guide you through those things nowadays it's to be honest I wish we talked more about trading but now it's like anytime I get the chance to hang out with him it's it's family we're talking about catching up you know what he's missed what's going on I will still always call him when I have a record trade like I got to call him be like okay so

I just had another milestone down he's like congratulations and then he'll ask me to send him a screenshot what the setup looked like and then he'll always be like why did you close and I'm like well only because the dollar amount and for the most part I'm I'm struggling this year with closing purely on strategy but since I'm I'm increasing position size this year and I'm growing capital and I'm I'm working towards growth the the dollar amounts are taking a little bit of a toll on me so when I'm seeing that I'm up like 30,000

40,000 I'm just like it's just it's still it's still bigger numbers and if I could remove that aspect of it my trading would be a lot better in the future but I'm anytime I'm making a milestone I'm calling him but nowadays we don't talk too much about trading oh yeah okay did you always want to become a traitor no AB when you young what did you want to do I I think I wanted to be an actress and I ended up actually just going to hair school I did hair school I was like well maybe

acting is not going to work oh like hair yeah like cutting dying yeah yeah yeah yes human hair okay okay and I would always do my my sister my family my mom I love to do my own hair I was like okay maybe this is for me and then I actually was a Beauty School Dropout didn't even make it past beauty school and then my uncle just presented the opportunity he's like let me show you what I do and I was like I don't even know if I took it that seriously at first which is

kind of crazy I think my journey to finding profitability and consistency took me a little bit longer than most that are like they're investing their their money into education they're investing their time into learning whereas I was given at all I was given it so I think that's maybe why family members friends like when you teach them they probably just don't take it as seriously it took me a while to find my way back into actually taking this seriously and making this work oh how long did it take you to about 3 years okay that's

that's around the same as me really okay like two two and a half years but yeah I didn't have an uncle I wish I well that's fair yeah but but I think to your point I think you do have a point in saying that when it's just given to you you take it for granted yeah yeah I definitely did and same with my sisters and same with all of our other family members oh but but I'm glad you oh my gosh I'm so glad I'm so glad and it's crazy cuz I just never would have

thought I never could have imagined that I'd be like going back in time and seeing like what would I have you know what does Tori do to make money I never would have thought trading I definitely like I've always been very entrepreneurial and I thought you know I'd probably own businesses maybe my own hair salon or something of that nature or maybe sell a product but I never thought trading so this is crazy was there any early setbacks in your trading Journey during the first three four years like what what was the struggle or was

there anything that you really struggled with there were a lot of times where I wasn't finding consistency um I had a few moments where I did question my uncle which was I feel like ah so such a kind of crummy thing to do where I'm like I can't find consistency so maybe he he did something wrong maybe he's not actually showing me and like you can tell that's when you're going off the rails like when you start trying to blame somebody else for your own trading so there were some tough times where I'm like I

don't think he's really doing it it was just it was a dark place where I just I couldn't find consistency but then hindsight 2020 I'm like I'm not even looking at the charts every day I'm not committing the time so when you do trade a trend line strategy you are you're trying to put yourself in position for when the break happens and if you miss that break you've got to wait even longer for the next setup and so if I'm not actively looking at the charts and waiting for these setups and taking these opportunities then

I'm not able to capitalize when or I'm not able to kind of offset that win to loss ratio so I there's just a lot of things that came into play I wasn't committing enough time to the charts I wasn't taking it as seriously I was getting discouraged because I wasn't finding you know consistency or profitability after X amount of years which is normal yeah yeah yeah absolutely and if I and my uncle would even tell me you know when I did have moments where I'd call him and I'd be like okay so what am I

doing wrong and he's like it's fine you're doing all right you're doing good continue to get the chart time in this was a good loss this was a good loss this was a bad loss so it's just if I had known that it was just going to be a journey like I just wanted to rush it and I think that's the hardest part is you just want to go from Zer to 100 if I had the mindset knowing that this is going to take me a few years I would have enjoyed the whole process it

would have been great actually but in the beginning when you when he first taught you did he just yes teach you the ropes but give you a strategy to to start and start playing with or was okay so you were given his strategy but did you have to like modify it test it back test it to kind of make it your own style the Tory style yeah I did actually um in in a few different ways but when he when he first taught me we actually we didn't even look at charts for a little while

he he started psychology like heavy psychology trying to make me com understand in a in a million different ways like analogies and Concepts and even like he physically had two chairs he said this is your long chair and this is your short chair and I had to keep getting up and moving from each chair and he's like is that fun I'm like well no not really he's like okay this is what it's going to be like it's going to be a little bit frustrating and like he he had a great way of like just coming

up with all these different analogies that you're going to lose and it's going to be okay and you got to think of it like paying your way out of trouble and he all of these amazing Concepts to help me understand that okay so when I get into this before we even start looking at charts like I'm I'm somewhat prepared and I think one of the biggest things was lesson one essentially was preservation of capital and I think if people understood that that's your main goal is to just preserve the capital and then if you can

you know take these setups and get in out of the market with you know additional then you you've already got an edge because most people will lose Capital so if preservation of capital can be the number one goal then the benefit will be additional cash on the side if that makes sense interesting yeah I think we'll have to we need to hear like a practical breakdown of what that is like how do you you know for yourself how do you manage your risk um um is it like specific to your strategy or kind of yeah

what's your risk management style we can start with that yeah so it's all going to be it's not percentage based it's usually going to be dollar amount based and it's where I'm going to have you like Envision a chart here okay and so we've got I'm always going to have two trend lines uh a bullish and a bearish trend line I'm trying to figure out which one of these trend lines the price is actually going to follow along so we're imagining one's getting broken so we'll say the downward trend line is getting broken so now

this may possibly be a shift we might start trending up I am going to put my risk on the other side of the new trend line that it may follow along and it's going to be dependent on where the price is when it broke how far away it is from the opposing trend line so if we're thinking price is going down we've got a break of a trend line but now it might start coming up yeah my risk is going to Trail along that new trend line okay and it's all going to be dependent on

is the price really far away from the trailing trend line or is it really close to it if the price is really close to the opposing trend line this is going to be a lowrisk setup if it doesn't work out fee is minimal I call them fees like the fee that I have to pay to take that loss is going to be minimal and on the pretty soon but if the price is very far away I've got to give it that much room to come back and then cross the trend line in order for me

to solidify that loss so it's going to be it's Dynamic and I try to keep it within like percentage wise I try to keep it in and this may sound high but it's just that's my personal preference between like 2 to 5% sometimes I'll do 6% sometimes I'm comfortable taking that 6% sometimes I will go heavier in a position even though it's a lowrisk setup and turn it into a highrisk setup but it's all going to be dependent on where the price is in conjunction to the opposing trend line I see so does that mean

let's say if the price the direction is going it's kind of further away from the trend line you're trailing do you take less size then yeah yeah exactly that makes sense oh and I have the option to turn it into a lower risk trade so I'm trading 20 contracts of platinum now which is a hefty position but if I did get presented with a highrisk setup to where the price is kind of far away I could just simply reduce my position size coming with 10 oh okay so when you save 20 contracts of platinum how

how much is a a share a share contract a contract well I guess it's per ounce a contract is per ounce but you say per contract yeah yeah okay how much is a contract of platinum so for platinum I believe it is 1,600 per contract okay and there's the option to do when I first started I started with all of the micros so the micros are going to think of it like a discounted um version of Futures oh okay so there's um there's micro crude oil there's micro gold um all of the indices have micros

the micro es the micro ym and it's on10th the price of a a mini and when I made the transition to from stocks to Futures I started with all the micros and it was a really good entry level because those are like if I want to trade micro crude oil it's 600 bucks so 600 for just one contract of crude oil and that would be I'm thinking per barrel for crude oil and then for uh Platinum actually doesn't have a micro version but like for gold for example I believe micro gold is like around I

think it still might be a thousand so I think micro gold and silver might be a little bit on the higher end as far as pricewise but the micros just are a good you know entry level to getting into Futures cuz you can you can scale in and out um because they're cheaper but when you make the transition to the minis though then you feel like you're in the big big leagues okay and that took me that took me a while to make that transition and I realized when I started trading I got to a

point to where I could trade 10 Micro contracts and then I realized okay so now we're trading 10 we could simply just move over to the minis and just trade one but then I see yeah there's pros and cons to it one you don't have to pay all the commissions on every single contract that you just got into but then the con is that you can't scale in and out so you were just in simply one contract and you're out one contract see but I love that Futures has the option to even do that to

have micros and Minis is the liquidity similar between the micros and the minis it looks exactly the same oh the uh same amount of volatility yeah yeah exactly so okay so they basically move together they move together yeah oh okay MH my audience knows that I'm I'm the person who never trade at Futures so it's always F you got to try you got to get just take a peek at it it's the coolest I I'll take a peek just take a peek maybe just a little I heard there's a lot more um tax benefits to

Tran Futures in the states yeah yeah what's the what's the what are the benefits like compared to stocks I don't think it's too I don't think it's that much of a Break um I know the short-term capital gain I believe is it is it 30% for the short-term capital gain for day trading oh I'm not sure I'm I'm not in the US and I'll be oh you're right you're um I will be honest I don't know the exact number for the tax break but okay everyone is like there is some sort of a attack break

my CPA is like there's a break tax break I'm like okay whatever you say let's do it great okay I know there's no um you guys don't have the PDT rule which stocks have which was also very appealing whenever I made the transition yeah cuz so there's no so is it easier to open accounts when trading Futures yeah uh okay it's I mean it depends on what broker you go with but I believe it's like somewhere starting Capital could be anywhere between like3 to $5,000 okay M that's that's pretty similar to stocks too well I'm

still thinking I'm still thinking the P rule which I'm like okay you get 25k to be able to day trade it to be honest it's been so long since I've been in the stock market I mean that's still a thing right to be able to day trade you still have to have 25k to you can still day trade you you can only trade three transactions per week for five days if you're under the PDT rule oh I see I see okay I wondered if it had changed it's been a while yeah um but luckily in

Canada it didn't have that issue so that definitely helped yeah so okay so so going back to your trend line strategy yeah so how do you take profit do you only take profit once that Trend that you the new trend of writing is broken down yes oh my gosh you're the first person that even like put that together so when I'm getting into a trade I don't know what the the the take profit is or the reward like when everyone's getting into it they're like what is the risk to reward what's the stop loss what's

the take profit when I am getting into a trade I'm actually not sure how long it's going to be trending for now so I'm like I'm here for the ride I'm like is this going to be a long trend is this only going to trend for a few days for a week um but I don't have a takeprofit so I'm simply just going to allow the price to Trend in that direction for x amount of time and then when it breaks that all right transition's closed or transactions closed and the coolest part is when when

price progresses when I get into a trade and it's starting to work and it's trending along this trend that I'm in on the the stop will actually move into profit so then when the price breaks the trend line it breaks in profit m so whatever happens you in the money yeah yeah I see if this is truly the new trend now there's fake outs that happen all the time um does this trend line have two touch points is it not as valid has it only been trending along this trend line for like a week or

a few days so there's going to be times where you think this is the move this is the transition this is the shift in you know the movement and then it's not you mentioned in the beginning um that you your specific strategy you're waiting for three touch points there is yeah so I'm there's like a I've got like A+ setups I've got you know B setups um so A+ setup which is one of my favorite setups is we're looking for a three touch Point trend line break and not only does it have to have three

touch points but it's got to have at least like a week's worth of data so like it can't have three touch points within like the past three days I need like I need some time some data like some weight to be on that trend line and then so not only that we've got to have three touch points we got to have over a week's worth of data but when the price does break it's got to be fairly close to that opposing trend line so it's got to be low risk so there's like there's like a

checkbox like a little Playbook that I've got when I am presented with an entry can I check all these boxes okay I think having charts will definitely I know I know I'm like I'm trying to Envision my hands here I'm like visualizing in my head okay so so but and since you're trading on the 4H hour candles so if you're waiting for the three touch Point confirmation you could be watching and stocking a potential trade for a week before you even take that absolutely mhm oh yeah and then I could be in that trade for

about a week as well yeah so you probably don't take that many trades no that's good yeah I know it's great so far this year I think I'm at um for swing trading I think we're at I mean we're getting closer to the end of the year so the numbers getting a little bit higher but I think we're closer to like eight or nine trades for the year some a lot of day Traders do that in a day in a day I know and I was guilty of that as well I mean but it was

normal especially in the 5e time W nice trades yeah so you average less than one trade per month yes oh my god there for the for the first half of the year I was averaging exactly one trade a month oh wow and then I took a break and then I made two trades in one month so I'm throwing the average off a little bit but yeah it was the coolest now there was there were times where I was still presented with a setup yeah like let's say my my first trade of January this year there

were about two or three setups that I could have taken but I I'm hesitant it's January I had a bad January the year before so I'm like I'm I'm feeling a little bit more skeptical I and I'm just not feeling ready so I was presented with more opportunities in January but I ended up only taking one and then in February still only took one I was presented with more opportunities but I had had a very good trade already and I was like okay I was presented with maybe two or three more I passed up on

them so there's going to be times where I'm still presented with an opportunity but I pass up on it anyways so would it be hard to CU you don't know where the potential profit is when you take the trade exactly so you can sure you can measure your risk but you don't know if the risk word is going to be you know like in the trading industry we say we aim for one to two one to three one more so it's hard is a hard to gauge that in the beginning very much so what the

way I think the easiest way you can gauge that is just understanding your instrument and seeing like what is an average move like does platinum move you know this many ticks in about a week is this about you know as long as this is probably going to trend for but for the most part it does make it really tricky because I don't know my reward so I only know my initial risk when I take that entry where the price at in conjunction to the opposing trend line and then if it can respect the trend line

great I don't know where that where that reward is going to be is it going to be in a week is it going to break in a few days is it only going to be one to one is it going to be one to two is it going to be one to four so I truly don't know and that doesn't make it that doesn't make it tricky especially when I'm trying to you know articulate my my strategy to someone because it is so standard to know okay what is your risk what is your reward in

stocks we have um ATR average true range okay do you have something like that for all the different contracts I'm not sure what that is uhuh oh okay average true range like measures the average dat of a let's say the stock average mostov $5 share do you have something like that for futes um not I guess not officially I'm sure there is um I just would know just because I've been trading Platinum for so long I I can understand that okay this is a pretty big move I get it I know or like same with

crude oil but if I was trading something new I think that's probably something I should absolutely try to look up and be like okay what is the what is it called the average range Aver true range average range ATR okay there's probably something like that in the Futures Market I can imagine so how do you okay so like you said so many things you can trade in Futures market then right so how do you pick what to trade no how do I go it's like walking to the grocery store do I want corn today or

do I want oil yeah or do I want pork belly yeah flour how do you pick what to trade um I'd have to say you you've got to figure out I mean it's going to take some trial and error okay you got to figure out like when is their volatility in this specific instrument so I was very Platinum was very appealing to me because it made a lot of moves in the middle of the night and I really enjoyed being up at 2:00 in the morning for some crazy reason and just looking to the charts

and being in a trade I love to be able the option to be able to do that cuz and at the time I was trying to do other jobs I was doing side gigs different work at the time so I was like you know what I can be done with everything and then 2: a.m. sitting on the charts and see what we got going on so it's figured out a lot of variables um one the the barrier to entry like if you want to trade Platinum it's got a higher barrier to entry maybe if you

want to trade crude oil that might be a little bit more realistic for your account size you could do micro crude oil but then we got to see when is there volatility in crude oil is it you know around the same time that you're looking to trade um does it respect trend lines so I think it's it's a little bit of trial and error to figure out which one works for you I didn't think that I'd be trading Platinum but here we are tradeing Platinum for most of the year and and it was simply just

by kind of dabbling in it cuz crude oil I thought that was my thing that was my one instrument I am excelling in crude oil and then I started to just dabble in Platinum I my watch list I there's not on my watch list I don't trade everything on the watch list but I do like to kind of be in the know okay like I'll look like I always am looking at gold and I'm always looking at Silver I haven't traded them in forever but I'm always looking at them just to see how does it

respect trend lines I'll still mark up all my charts as though I'm going to trade all of these instruments and I think that's what kind of helps you get a relationship with it helps you see identify does it you know fit your trading style does it fit your trend lines does it fit the the time frame or the session that you're essentially trying to trade in but I think it's a lot of trial and error and do you only use a 4our chart you don't use a daily chart um I mean I will I will

go look at the daily for the most part what I actually do is if I'm trading something new I'll do a top down analysis so I'll start on the monthly then the weekly then the daily then the 4 Hour but then I'll stay in the 4 Hour and I I try as much as I possibly can to not go to other not look at other um time frames for entries so if I'm trading the 4-Hour time frame I want my entry and my exit to be purely on the 4our time frame but I will go

to the Daily just to see okay are there is there a higher time frame you know area of support or area of resistance that it might bounce off of or how long has this trend line held so and there will be times where I have to go up higher to see oh my gosh this is this thing has been trending for months so but when it comes to entry and exits it's purely going to be just on the 4our time frame cuz in stocks like we have to analyze from the da chart then sometimes weekly

if I'm swing trading then I'll use like the intraday five minute or 15 minute nice all right so it's always interesting to hear other Traders process especially if you're trading different instruments oh yeah and I try to I just try to keep it as simple as possible cuz I know there were times when I was trading the 5 minute time frame where I was I think hurt my trading just because I and maybe it's just because I didn't have a system like you've got you've got a system where you need to incorporate those other time

frames where I was just purely I don't know if it was fomo and I'm like ah I I want an entry on the 5 minute even though I'm trying to trade in the one hour so I found if I could just be consistent with One Singular time frame it just helped me and helped my process yeah for sure keep it keep keep it simple especially it's a if it's it's your process that's been working for you you don't need to change it or modify it yeah I think a lot of Traders they want they want

things they they want strategies that very complex because it makes it feel like it's very unique yeah but you don't need to be unique to make money in trading you need to find what works for you and keep it simple exactly you just this it's simply just trying to find an edge in any way shape or form and you know the way that I actually like to think of it is like if we were to apply like a science experiment to trading the least amount of variables that you have the better so that you can

figure out what actually does work and I did a science experiment back in I think it was elementary school where I had like three plants and it had to be the same type of plant and the least amount of variables as possible so I had to have the same kind of lighting for each one the same sunlight um the same amount that I was feeding all of them and the only uh variable was the different types of feed that I was giving them so one I was so I wanted to keep it like as simple

as possible so any modification I made I could tell very easily because there were the least amount of variables involved whereas trading if you throw so much into a strategy and you try to make one modification there's so much going on that you don't know what helped what hurt so if you do need to make modifications the simpler the strategy the easier that you can see the results from that you know modification hey Traders as you've seen in the past videos I've developed a proprietary scanner stocks iio it's created for Traders like you and I

now besides just scanning for stocks to trade you can access Newsfeed charting and over 15 data points for trading stocks is now a musthave of my three step pre-market trade planning routine first I start with these three buil-in Gap scanners to scan for potential small caps and large caps in play some important data points I used to analyze the stocks are Gap percentage float life short interest relative volume indicator and Insider ownership next I'll go through through the live news analysis feature looking for positive Catalyst of why these stocks result on the scanner may make

a potential move up higher then right beside the news feed feature I can open up the charts function and perform technical analysis I'm looking for potential setups on a daily chart any technical breakouts or breakdowns that fit my trading strategies after these three steps of my pre-market trade planning routine I now have a watch list and I'm ready to execute my trades after the Market opens my entire process from start to finish is made faster and more efficient with stocks iio it's a must-have trading tool for day trading and swing trading so make sure to

check out stocks iio with a link down below try it out and make sure to let me know what you think now back to the video so do you so I know we mostly talked about technicals right or your trend lines and the breakouts and breakdowns does fundamentals ever matter in when you trade your style and the instruments you trade um not at all oh really you don't need to look at uh was macroeconomics no oh wow and it could be it could be very unconventional so that was what my uncle taught me when when

when we learned how to trade he the first thing he was telling me is that whatever else is going on outside and I think that he made this very obvious for me because he's had issues with it in the past but he told me that he would develop a bias from simply trying to figure out you know what did the CEO do this year or what new products are coming out or what are the earnings reports and he would already give himself a bias before the setup was presented so maybe the the setup was you

know telling him to take a short position but everything was pointing to the company's doing incredible company's doing well the CEO they just got a new CEO everything should be going up so he'd be hesitant to take that short signal because of the outside or the fundamental news that's involved with that position or with that stock and that's what I stuck with um so I will be aware of like when fed days are like that's just you maybe want to stay away from those um any like high volatility news days just because trend lines will

get smacked around as if they don't even exist on some of those High news or high impact news days but when it comes to like fundamentals and figuring out you know what any any outside um any outside news I I try to keep it as clean as possible purely just price action very interesting yeah I do know some traders who only trade based on technicals yeah I I know a few okay okay but for my style I use a little bit both okay yeah I mean that sounds fair to be honest I don't I know

it wouldn't hurt it wouldn't hurt but I am you know if it's working if it's working just keep doing what you're doing don't don't change it yeah only change it if it's not working exactly yeah okay so your strategy okay is there that that was your A+ strategy right the the the one with two one opposing trend line and one Trend new trend that you're writing along okay do you foresee that's the strategy cuz you said you officially transition to that two years ago yeah do you foresee that strategy to be one that you're going

to continue trading for the next couple years what would you how would you optimize it or is there things even things to optimize I would say I think there are so even making the the the slight adjustments from the strategy that my uncle taught me to the one that I'm trading now was and and I think you gather this by just simply getting the chart time in and taking all the setups and then being able to go back and look at all your data and say okay these worked these didn't let's make some changes and

so when my uncle taught me how to trade it was we were trading the the bounce of a trend line we were trading bounce oh okay yeah like anticipating the price to respect it instead of break it so we would trade when the price got to a trend line before it even broke thinking it would respect it and continue along the trend line um the process of drawing the trend lines was a little bit more not sporadic but less um less structure I guess to where you would just you could draw a trend line anywhere

on the chart as long as it's got a few touch points whereas I've got just a little bit more structure now so now I am I'm not trading the bounce anymore um he would incorporate areas of support and resistance um I don't do that as often um I and I won't use them for entries I'll I'll use them maybe for exits so there's been like a few slight modifications that I've made over time just realizing this worked for me and this didn't so I don't trade the the bounce of a trend line anymore um I

don't use support and resistance for entries and now I'm trading breaks and I would say oh and I also changed the the terminology of the the trend lines which played a huge role he he didn't even call them trend lines whenever he taught me cuz he was very like he's he's very conspiracy theory kind of guy he's like if everybody else calls him trend line guess what're not calling them trint lines I'm like okay got it so he called them an loc a line of change that's what he called it and so I had to

change those from line of change I had to go from trend line to line of change and now I call them an action line and a safety line okay so when a trend line is broken it's time for me to take action and then the opposing trend line is the line that's keeping me safe the safety line that's where the the risk trails along and it really helps my psychology so I'm like okay this is a safety line this trend line the price is following along is going to keep me safe as as long as

the price can Trend along this line my my capital is safe my risk will now become in profit so it really helps the psychology of just even naming the lines giving them names oh interesting a safety line that that does sound better than a stop loss yeah it then you lost money yeah no no that's that's a very interesting take yeah so your safety line how do you like is it because you waited using the 4H hour chart that and you weigh the three touch point that you have a even a line to predict from

right exactly so there were times in the past where I didn't have enough data and I would try to just throw something on there be like well it's a 45ish degree angle it'll probably Trend along this angle is did you say 45 degre that is but I don't do that anymore now I'm not trying to guess so I have to Simply wait for touch points I have to wait for price to populate to say okay we have a pullback now we have a touch point and another touch point which takes days yeah you're right your

strategy is very simple but if it work yeah it works and then you just have to wait I think the only downside for a lot of Traders is they don't have the patience to wait yes yes I think they it's like the strike rate you just like you've got to you got to wait you got to sit on your hands and it's and that's not a fun thing to do I mean some and some Traders Excel when they're getting more opportunities and I I didn't I am doing exponentially better being patient and and making the

transition to swing trading that's I'm seeing I'm seeing so much progress in not only waiting for these better setups but also moving to the higher time frames the swing trading now I'm it's for me it is definitely for me I'm like absolutely awesome yeah it's just but it's it's simple yes but it's it's taken some modifications and and waiting for like this it feels like you got to truly wait for the stars to align like you've got to wait for these you know x amount of touch points this much data behind it and and there's

even a level of intuition as well like when I get a break do I do I feel good about it like so it's there's a lot of variables that go into it so it's not as simple I mean it's simple but it's still like not easy is what I try to say like there's still criteria that needs to be met and I think that's what I like to emphasize the most is that if you were to just throw lines on a chart it probably wouldn't work yeah like You' got to have you got to have

a Playbook you've got to have like these boxes that you're checking off that okay what is my entry criteria what is my exit criteria so there's just it sometimes feels like stars do have to align because I do have to wait so long for some of these setups could you walk us the viewers through some of the I guess the mo most recent big loss that you've had and what that feels like and what went wrong okay um I'll be honest it wasn't so the most recent loss was this year I think the biggest loss

this year was one that I'm proud of okay because it was purely based on the strategy and I'm I'll be honest I'm excited to make a video about that one just be like all right guys I lost six grand but I did everything right so those are the best losses to be honest those are the best ones that you're like it's a loss and I'm I'm here to tell you everything about it so it was everything aligned I had three touch points I mean everything was telling me take this entry and it was a fake

out price didn't end up respecting the trend line and it was a higher risk setup so I did have the option to probably reduce that risk I probably could have came in a little bit lighter but I was I was feeling good about the setup every everything on my entry criteria was checked off besides the I can usually check off the lowrisk setup if I do reduce position size if I don't I can't check that box off I see but everything everything aligned it was it was a it was a perfect entry and then it

just ended up not working out yeah and those are the best yeah those are the the best kind of Trades actually yeah okay how is there a significant um win for the strategy as well recently yes yeah yeah I am and I'm working on so this year specifically I'm working on um increas ining risk and increasing position size and bigger Capital so the dollar amounts are taking a little bit of a toll on me um I did have a goal I had a goal of having a a $50,000 trade this year and that would be

that still would be wild I haven't hit it yet but I did have a $440,000 trade and the coolest part the coolest part though about this this strategy is that I am simply just putting myself in position every time like so I have I I've had the ability or the opport to have a $50,000 trade but I have clipped out of most of my trades early because I'm like we're up 30,000 close it or we're up 40,000 close it so it's the dollar amounts are getting to me but the coolest thing about my strategy is

that it puts me in position to capitalize on that so if we are truly changing direction we're we're shifting and we're going from bullish to bearish and this is the new trend all I did was just take the signal the break and if it truly does follow along this new trend line it it could trend for weeks and it that could the the profit is unknown it could continue so I could have a one to four I could have a one to six or I mean that's probably crazy but I could just it's just the

coolest thing to know that this strategy puts me in position every time if this is going to be the new shift or a big shift and I'm getting closer every time but I've got to to be honest The Telltale is that I'm probably coming in too heavy if it's if the position is freaking me out dollar amount wise and I'm getting too excited that I want to close it early then I should I probably need to just go back to bring in that position size down a little bit so that even though I'm not up

40 Grand and maybe I'm only up 20 grand I'm still taking the signal based on the entry and the exit based on the um entry or taking the entry based on the brain is farting thank you strategy is the word I'm looking for strategy okay entry is based on the strategy and exit is based on the strategy as well I think it's it's okay to be uncomfortable yeah but you shouldn't be scared but if you're uncomfortable I think it's you're on the you're you're doing something right something right yeah usually in life if you're a

little bit uncomfortable you're on the right path yeah for sure okay yeah you still have three more months to go I I think you can do it I think you can yeah yeah okay so does so what do you do when like during the weeks or even months when there's no trades do you still show up to the market every day oh yeah okay so you're just going to the market and look at the different instruments that's on your watch list yep yep okay and and there are going to be times where I am I'm

presented with a little bit of fomo where let's say I'm I'm in a platinum trade but I see an insane setup on gold but I just don't trade gold so I get to just sit there and watch even though I'm in platinum over here while gold is just ripping making alltime highs and I'm just in my little tiny trade over here in Platinum but I do so there's a little bit of fomo that's involved you know by looking at all these different instruments but it's I think it's it's really beneficial just to see what the

other instruments are do doing especially if you're a new Trader and you're trying to find the instrument that works best for you you have to you have to continue to look at the charts every day mark them up and mark them up as though you're going to be taking these entries even though you may or may not be and that's what I do with all the other instruments on my watch list I even still look at corn even though I have no idea why but it's just I need I feel like I need to be

in the know I need to see you know is it respecting trend lines here or what kind of market conditions do we have during this time of the year so I feel like it's it's beneficial to just kind of be in the know of what these different instruments are doing and how they respect trend lines cuz I never would have found Platinum if I didn't so and I feel like I just found my soulmate I truly do I truly do I'm telling you it's just the coolest so I'm so glad that I do continue to

watch these items on my watch list every day and mark them up as though I would be trading them um even though I'm not is there a reason you don't trade gold or corn anymore um corn was I'm going to be totally honest with you there was a a trend uh there was a corn song that came out what after you haven't heard the corn song what is a corn song It's a corn song is this like a jenzy thing [Music] probably and I was like you know what would be really funny is if I

traded corn and it would go viral and I ended up losing $1,000 on that trade okay because of the song yes we're g to blame the song we're going to blame the song yep and I so it was purely because a song about corn was trending and I was like you know this would be really funny so I actually started looking at corn marking it up so not sure not sure the point that I was trying to make there but it was purely only because it was going by what about gold gold I I've been

burned a few times in gold and I maybe have a bad relationship with gold one of my actually one of my most pivotal trades um it wasn't a crazy loss and it wasn't but the way that that trade played out it I think it shaped who I am as a Trader and shaped like my just my path that I was going to take like it was very pivotal I think is the the best way that I can explain it so I took a gold trade and I removed my stop- loss and I just I couldn't

solidify my loss like I was holding on for days and like day one went by and I'm down a th000 day two went by and I'm down 2,000 and day three went by I'm down 3,000 I'm like oh my gosh and it was it was pretty early in my trading career and I thought like I think that I'm about to blow my account like I can't like I froze I couldn't close the trade and it was the it was the like I had so many opportunities to to to close at least with a like close

it with just $2,000 loss and just take it off your hands cuz who knows what could happen and this trade was so was so pivotal one I thought that I was going to blow an account two I thought that maybe I'm going to give up on trading like I texted my sister and I was like I sent her a screenshot of how much I was losing and I was like I think I'm going to give up on trading today oh no like it was such a pivotal day like I holding the bag yeah and it

was but then I was presented with an opportunity to price came back it came back to me and we were at break even oh and then even still I was like we're going to make more money yes I'm like I just did everything wrong I did everything wrong in that one trade that when it when I finally did close which was um I believe it was only $1,500 loss thank gosh like I think I was down three maybe 3,500 at one point and it came up it started going in my favor and I'm like there's

just so many things I could have done better in that whole trade and then finally I clipped out at 100 at um $1,500 and then when I went back and just analyzed everything about that trade I was like we can never do that again yeah we can't do that again so it changed like my whole path I was like one I'm incredibly lucky the price ever even came back to me that could have been a blown account and then you probably would have been discouraged and never traded again like how crazy so I just I

really was like okay I have to I got to take this lesson and and truly like change change everything we can't do that again we can't make that mistake again if we are ever in a position like that again and price does come back to us what are you thinking you got greedy really you thought now we're going to start making money so it's just I changed everything like about myself my psychology my my trading it it really changed like my projectory or trajectory in trading I was like I can't I can't ever do that

again I think every Trader has to go through that at least once or twice or three times I went through that many times in my first like five years okay okay yeah in which you're close to losing and you lost little you keep on bad coding and goes to red and then it comes back up you don't sell and then go it goes back down again exactly and you roller Co every single decision exactly but I think you have to go through that to to kind of appreciate that experience and kind of start becoming more

disciplined too yeah yeah I really feel like I leveled up after that I was just like I am I have seen the darkness and I am going to move into the light I felt very matured afterwards I was like wow like going back and just looking at that and like okay and I there were there was a time where I actually did it again but it's just like it just it changes just exactly like you said I think you have to go through that you got to know what you did wrong and and change that

moving forward have you ever blown up in the count I know you were close very close I haven't oh and I think I'm that's really rare very very and I think man there was another time where I should have and it was a recent one where I tried to experiment yeah I know I'm embarrassed to say it but we'll say it anyways and it was when I was trying to experiment with ethereum so I I still haven't traded crypto yet the Dark Side of crypto I know gosh but there is such thing as crypto Futures

so I was like you know what I I don't want to get into crypto yet but like I could trade crypto Futures so I tried to dabble into it and the mistakes that I made with this trade um there were some different variables that came into play one I I have a following on social media now a fairly decent one and that puts a lot of pressure so I made a video where I talked about just simply like a a great setup that could be presented in ethereum and and I was like you know what

I marked up my chart and I was like okay these are where my trend lines are this is where this is where my entry would be and this is where my exit would be and it it did really well and then the entry actually got presented not very shortly after I actually made the video and I was like okay so there was a little bit of ego involved where I was like okay so tor's right that analysis you know that was right and I so I went ahead and took the setup and it didn't work

out but my ego could not let go of it I was like I'm going to have to tell everyone on social media that that was wrong and that I actually didn't know what I was talking about in that whole setup and I couldn't let it go and I did almost the same thing there was a point where I was down $30,000 in ethereum trade that's huge for me and I couldn't let it go now it was different because I felt like it was more ego this time whereas that first time in Gold it was just

like Terror and like I froze up but this time was purely ego I'm like I cannot let social media see me make such a mistake yeah so it's I understand similar but just it different kind of variables that played a role into me making that mistake but luckily guess what came back back up to me and I closed it with $48 I'm telling you I'm lucky that was purely luck and I know it is sometimes I feel like I don't deserve that God well you went from unrealized negative $30,000 to8 positive $48 wow I know

that's that's incredibly lucky yes but like even if you close that trade for a loss okay maybe not $ 30,000 but even if you lost 10 grand but like it's just a trade that didn't work out yeah right like well but it wasn't according to the strategy and I held for too long it would have been much better that trade if I had purely traded it according to the strategy I think it only should have been like maximum $7,000 seven to like we'll say 10 maybe if I really was just holding on to that thing

and then finally was like okay safety line is crossed officially but I wish I hadn't had ego involved and it would have been okay to be like okay everyone I said this was going to be a great setup and it didn't end up being that and I wish that I could have been able to do that but there was so much ego involved yeah that's where I I think social media I feel the same way too sometimes so I know what you're talking about that's why I don't really do like social media predictions different stocks

oh my gosh truth be told I no one knows for sure like you can make educated guesses using charts technical analysis indicators but no one for knows for sure like where the stocks or whatever instruments going to go up or down yeah yeah good lesson yeah great lesson golly yeah I won't be doing many of those again okay okay I I know I I from some of your content I've seen that you talk about uh fund uh prop firms and getting funded yeah so is it and it's fairly common for Futures Trading and even Forex

not really common for stocks so I'm just really curious about this whole industry um is it is the purpose of these um funding firms to to allow let's say traders who don't have a lot of money to apply and get an account like is that is that it that's the entire purpose of the this business I'm thinking so I'm still fairly new to the prop firm space as well and um I don't for myself I don't need a prop firm I've got my own capital I do excellent with my own personal account but my community

and everyone it's it seems like the lowest barrier to entry even lower than you would need to open like a you know a Futures account if you just simply applied to pass an evaluation on a prop account that's a much lower barrier to entry than trying to open your own personal account and a Futures brokerage so I think it's appealing because it's the lowest barrier to entry I think it promotes discipline like the the rules are incredibly strict now oh yeah I I was very intimidated by the rules because since my strategy is so simple

and it's you know it's Dynamic and the risk is dynamic and I can yes if I can reduce position size I can you know create these lower risk setups but I didn't think that my strategy whatever in in any world be able to be applied to such a strict you know set of rules and so far I'm I'm in an evaluation right now I haven't passed yet so I can't I don't have much room to talk here but I haven't failed and so far we're we're slowly you know meeting the markers but it seems like

it promotes discipline but it can get a very gamly kind of uh connotation to it to where if you treat it that way which I think most people do um it's I think people just they they sign up and there's not much structure in their strategy or their system and they just kind of try to haill Mary try to pass and then get funded and then that just ends up being a vicious cycle where they fail and then they try again and they fail and they try again it's almost like a slot machine but I

think it promotes the discipline Traders if they can go and actually taking it seriously so what's the appeal so I okay I get it for people who don't have a lot of money the appeal is that they get to essentially trade bigger account if they pass so so for experienced Trader that's say you know once you made some money you technically don't need these funding account anymore true true and what I'm coming to find is so there's other um bigger traders in the space that do trade prop firms and I I was curious I'm like

well but why why would you need to trade a prop firm when you know you've got x amount of capital and it's the the risk that you take on so if you take a big loss it's not your big loss you've just failed your account whereas if you take a big loss in your personal account that money's gone that's out of your pocket so I think the taking on the loss or taking on the risk is on the the prop firm and not on you for your personal account and then there's also some that offer

uh like copy trading to where you could yes so you could leverage One Singular account into 20 separate accounts so that's what I'm seeing most of the guys in the space do oh my God so they could make only 500 bucks on one but it's getting copied to 20 trades now that sounds way too complicated to me and I'm I don't know if I'll be able to get to that point cuz that's already that's out of my Spectrum I'm trying to keep it simple here we are just here for the Simplicity okay but that seems

to be the appeal for some of the bigger traders in the space is that you can copy trade wow how is this not regulated I know I know I don't know that that okay that's very interesting but so uh there's definitely uh some some stuff that that we don't know yes yes there's a lot there's a lot that we don't know oh yeah okay I see so so why do you want to I know you said you're in a challenge right now are you just doing it just to experiment and see what it's like yeah

okay I think I would give so when I do things like this and I'm getting on a podcast and someone asks me you know about the prop space I want to have a much better educated answer to be like I've tried this product it works or it doesn't or you have to have a much more strict complex strategy be able to be able to actually make this work or you actually don't so I just want to be able to actually give a true honest answer and right now my answer is that I'm still in the

evaluation period I'm still actually trying it out myself and I'm I'm a decent Trader and I've got a you know a fairly simple strategy so you would think that I would pass very quickly but I'm I'm still in my evaluation so it's still we'll see I'll have a better answer for you next time outside of trading what what do you spend a lot of your time um do you have any Endeavors outside of trading yeah oh yeah um I am I'm trying to do it all um so content creation is my next kind of favorite

thing to do outside of trading um I am trying to invest in real estate this year I am trying to learn about infinite Banking and life insurance policies and just setting myself up for success in the future cuz funny enough actually when it comes to long-term investing even though I'm a swing Trader I know nothing I know nothing nothing about like if I was to just buy and hold for you know months or even years like I I think it's just a very different strategy so I'm I'm always curious so I'm trying to learn as

many different things as I can your sling trading strategy is very simple but long-term investing is even simpler you just buy and I mean you think so right I guess it's just a matter of like picking the right ones that's a little bit intimidating just like okay is this the right one am I buying and holding the right one oh I do like the index funds that's that's it absolutely yeah you're like listen I'm just going to keep putting money in that one yeah okay you mentioned you're growing your social media account how has that

Journey been you're pretty big on Instagram as well as YouTube now yeah yeah um I it turns out that I kind of have an act for social media like I was able to grow my Twitter account you know organically by itself and my YouTube account separately from my Instagram account and my Tik Tok account so all very separate entities and all grown individually and separately so it's it's been a very fun challenge I a very fun challenge which I guess you can tell I like because we are trading yes that's a very fun challenge in

itself I don't know if we'll call it fun but it's very challenging but it's very rewarding to see like okay if I put in this much effort where it's different than trading I get this much in return or like if I'm putting out this many videos you know I get this many subscribers or this much engagement so it's it's very satisfying to be able to you know put work towards something and then see you know see the return whereas trading there's going to be times where I put all the effort in I'm in for a

whole week and then I get nothing at the end of it that's yeah this definitely happened to me before too yeah I think with um with social media it when I first started doing it it was a distraction from Trading cuz like I don't want to trade I don't know about you I don't want to trade the entire day iing money after a certain point yeah yeah but how do you deal with let's say on social media like you know you get a good and you get the bad right like hopefully the good always outweigh

the bad yes otherwise I still wouldn't keep going yeah how do you how do you deal with like the ne negative effects of social media um I'm I'm still trying to figure out you know different coping strategies to help I'm I still feel like I'm still fairly new to the social media space even the growth is happening very quickly but I'm I still feel fairly new to it and I'm seeing the effects that it has on all aspects um like my self-image and even my trading as I told you about that story I'm like how

could I have leted social media play such a role in a dumb trade so it it has a lot of effects um and so far yes the good are outweighing the bad so we are still going we're good um but I'm trying to find different coping strategies I'm trying to read comments less um take things less personally to be honest reading books about how like um the The Four Agreements and the fifth agreement are excellent books to where people are their own characters and their own story and that someone could walk up to you on

the street and say you're an idiot and it has nothing to do with you because they don't know who you are at all it's all it's all them so I'm trying to see you know social media in that same way that people are projecting their own insecurities has nothing to do with me so taking it less personally has been one of the best coping strategies um I talked to this really big Trader and he he also had some social media presence and he was saying like you'll never see in the comments you'll never see a

traiter who's doing better than you talk down at you ever ever yeah it's usually it's usually the negativity is usually from people who are either had a bad day in the market or they are really struggling and they cannot fathom that somebody else making it work because they couldn't make it work yeah absolutely yeah so that's a tough thing with social media sometimes sometimes like man I had a bad trade today I have to see these negativity I know and then they're like yeah you messed up you suck I do mess up we are Traders

we we mess up sometimes oh gosh but the amount of like hate that we get for it is it takes a toll where sometimes I'd love for people just be like it's okay better luck next time yeah yeah I know we're all trying you know like I take a I took a I made a video about I I was reviewing my losses like I had like like a $9,000 loss at the beginning of the of the of the month okay and I was just reviewing it like just hey I I lose money sometimes yeah and

like most people are supportive okay yeah but there was just like one or two who just like how can you lost lose that much money do you even know how to trade yeah I'm just like I don't know what people expect I think people have this image that successful Traders should be making money all the time oh yeah but that's just not true oh no and you know the craziest thing is I'm social media is unlocking new insecurities every day so the the insecurity that I had at first coming into social media was my strategy

and I I it was such a shell shock like I had only ever known you know trend lines and to to talk about it openly on social media and then to get negative feedback saying that that doesn't work and I'm like what what do you mean it doesn't work it's working for me I'm like what are you guys talking about so that was the first insecurity was like oh wait why why does my strategy have such a Negative light shed on it or why is it is it too basic people think that it's too simple

or it was it was very confusing that was the first thing off the bat then it was you know being a female in the space it was like you're not actually making money trading you're making money through social media or being a female is the only reason you are making money at all so but then now there's a new insecurity unlocked and it's you've been trading for 9 years you you should be waking making way more than you are now and I'm like I can't make anyone happy I can't make anyone happy I'm like I'm

really proud of the progress I've made okay yes I'm not making millions yet but I'm making hundreds of thousands which is way cool I'm so proud of that and I don't want social media to to downplay that so I want to keep that like light burning and be like I'm so proud of myself and not let soci social media be like you should be doing way better after 9 years I think we we're all I mean you and I everyone watching this we're all on our own Journey especially with trading there are people who are

comfortable risking a million per trade and they can make three million per trade M but I'm not there yet no neither so it's like everyone's different everyone has different risk tolerance yeah oh yeah I know some Traders even after million making millions of uh dollars in their in their 30s now in the EMP that retired they reduce their risk so they're taking that $200 trades I'm just like that's amazing that's the cool that's what they want to do yeah yeah flipping that psychology is actually tricky being and that's something I'm working on right now is

since I am in a position where I'm making you know 20 to 30 to $40,000 trades I have to be able to go back like when when I'm ready to go back to being satisfied with a, trade or like a few hundred doll and that's going to be really tricky because it's like the are you ever be satisfied like is it that's something that I think psychologically I'm going to have to work on cuz I want to always still be happy and comfortable with those smaller amounts doesn't always have to be you know going heavy

in position side so that's something that I I'm glad you brought up because that's something I'm going to have to work on moving forward I don't want to always you know take these higher risk positions or I'm only in a state of growth right now like I want to be able to scale it back like they have eventually I think maybe the the last thing I want to touch on or emphasize in just a little bit more is that there are so many different strategies like even you and IA trade probably incredibly different strategies yeah

yeah and like but it's but it's okay and like we we found our success in either one and I think highlighting that trading is hard incredibly hard incredibly difficult most people don't make it in trading but if you can find an edge even if it's a simple strategy like don't downplay it like there's there's complex strategies that work and there's simple strategies that work and I understand with my strategy that I may not be capitalized ing on the most amount of money it may not I know it's not the best strategy but it's so simple

that I'm able to I'm able to make it work for me and I think if it was any more complex I don't know if I would have been able to stick with it if that makes sense like I just the Simplicity of it just works for me and I understand that like it's it's not going to make me maybe it won't make me tens of millions of dollars maybe even maybe even not millions of dollars but it's it's successful and I'm I'm able to make it work for me so I think highlighting that it's just

because it's simple doesn't mean it's wrong mhm so just the thing is finding the edge how can you continue to to replicate the profitable trades and can you do that consistently I think is the the biggest thing I think the strategy that works for you is the best strategy yeah yeah absolutely and and I also think that there's no strategy out there that's going to work for everyone so there's technically there's no such thing as a best strategy for everyone out there like I can learn and watch your video and take a course and learn

everything you taught me but if it doesn't work with my personality or my style then it's not the strategy for me exactly yeah so I think people really need to a lot of Traders really need to mature and realize that even if they're learning something online they can take it and modify it and make it their own absolutely just fit their own style exactly and I didn't think I didn't think I'd ever have to I didn't ever think I'd even be in a position to change what my uncle taught me I was like who am

I to change you know change this strategy I don't know if that's something I'm capable of doing or that I even have the credentials to do and then but when you do something for so long you're like oh and I think another thing that I want to highlight is being able to go back and look at your trading as a whole like go back and look at the month or the Year and be like okay what worked how can you calculate or how can you go back and see what did these winners have in common

what did these losers have in common so I think being able to actually go back and see what worked and what didn't so that you can modify and I think that's huge that's how you find your Edge is being able to go back and say okay you know this this Playbook worked this one didn't or these losses here I maybe was holding a little bit too long or these winners I was entering a little bit too late is it the lack of confidence in the strategy like being able to go back and truly comb through

the trades as a whole and just see okay these work let's continue to do this more these don't let's do this less final tips you want to give to our viewers watching this let's say they're starting to trade their beginners what are the three actionable tips you have for them I would say um understanding this is going to be a process if I could go back in time and tell myself it's going to be a longer Journey than you think it would make the journey a lot more better a lot more better it would make

it uh just more tangible or more digestible so where you're not trying to rush so I think understanding that it's going to take time and that's okay being okay with the journey I think and then the second thing is going to be strategy hopping like there's a there's a time where you do have to try a few different strategies um but then there's also a time where if you have tried one strategy and it doesn't work for a month then you try the next one and the next one the next one so there's there's balance

trying to give each strategy it's due diligence maybe it's market conditions maybe it just doesn't fit your personality or your style um so find a balance between giving yourself the ability to try a few different strategies but then to not be in this endless cycle of strategy hopping to where you just never stick to one and then kind of talking about that Playbook or going back and analyzing treat it like a science experiment like when you've got that strategy and you you think you know it it works for you and you think it fits you

now let's go back and analyze like have you have you journaled your trades can can you go back and see what you've done in the past that was something that I made a mistake of I just I'd be taking every trade as it as it goes every day by day and I wouldn't actually go back and see okay oh there's a there's a common denominator here where these ones aren't working so I think giving yourself the the discipline and structure to to journal everything that you're doing so that you can go back and say okay

this is where I went right this is where I went wrong so I think those are like the three best tips I could possibly give a beginner okay and where can they find you if they want to find you onal anywhere type in Tory trades on any social media platform okay thank you so much Tori thanks for having me this is awesome here's a quick question for you to all the Traders watching this episode today what are the most absolute basic elements of your trading strategy and if you were to ignore all the other Market

signals and what other Traders are talking about on Reddit or social media are you able to focus better on a set of basic strategy criteria and execute them consistently so let us know your thoughts in the comment section below and don't forget to give us a generous smash on the like button if you have enjoyed this episode with Tori today if you want to continue your journey and learn from more strategies and experience of other successful Traders you can check out the playlist over here