your best trades will have three checks all three checks event perfect position within my stop is within my Max done be a three check Trader please please pretty please pretty please I beg of you I want you to be a three check Trader it is your duty when you get three checks on a trade it's no longer a choice three checks is God telling you this is ordained for you my son my daughter take the trade this is this is the universe demanding that you act that you get off of your ass that you don't
hesitate that you don't pause that you don't doubt that you don't wonder that you don't call up the psychic hotline that you don't check with the friend you boom you strike three checks strike three checks no thinking no doubting no guessing no anything you just hit the damn buy button if it's a buy hit the damn sell button short button if it's a short be a three Che Trader demand that you're a three Che Trader make yourself into a three check Trader now let's talk about this the NPR test the three-step plan to trading profits
now what it is is a basic three-step filter for what makes a very very high odds profitable trade do you have a way of ranking the three or four opportunities that are presenting themselves do you have a way of saying this trade out of the three has higher odds than the other two and this trade out of the three has the lower odds what criteria do you apply to your opportunities to know what to assess what the odds are the odds of success I'm going to teach you how to apply this NPR test three steps
NPR to every single one of your opportunities every single one of your trades and this NPR test is going to give you the capability of ranking whether it's an A+ an A or a B+ so we only want to take A+ we only want to take A's and we only want to take B pluses we don't want to take anything lower than in that but you have to have a way of determining what's an A+ versus an a what's an A versus a B+ and the NPR test is going to help you do that the
three-step NPR test is very simple but I don't want you to confuse the Simplicity for lack of power I need you to be able to name your play whatever you name I need you to be able to position it because position of your thing the thing that you name is very important if not more important position might be more important than you properly naming the event but I need you to be able to name the event I need you to be able to position the event to tell me what's the position of the event that
you have just named and I also need you to be able to risk out the play my talk today guys is all about these three steps I'm going to teach you what to identify what to name because I will tell you this if you can't put a name on it then guess what it is it's a thought if you can't put a name on your trade then it's an idea if you can't put a name on your trade it's a hunch if you can't put a name on your trade it's a feeling and you can't
trade a feeling you can't trade a thought you can't trade a hunch you can't trade a guess and if you do these three things you're able to name the play position the play properly and risk it out properly you're going to have a level of consistency and success that will have other people not even believing that that level of consistency is possible and that's where I want you to get I want you to get to in your trading to the point where most people don't believe that it's true I want you to be unbelievable in
your approach I want people to say that level of consistency is not not possible that level of profitability ility is not possible I want you to be the unbelievable all right let's go let's talk about the first one name it the identification step this is where you identify what you're playing so what is it that I want you to be able to name there are three specific things that I want you to focus 95% of all of your trading on item number one elephant bars now if you've been following my work for any period of
time I'm a very prolific Elephant Bar based Trader now what's an Elephant Bar a bull Elephant Bar is an elongated green bar a bare Elephant Bar is an elongated red bar if it's a bare Elephant Bar elephant bars are not normal bars they're not normal they're more powerful than other bars because it takes a lot of money it takes institutional money to create an elephant bar in a Microsoft it takes institutional money to create an elongated bar in an apple and an Amazon and a Tesla you and I can't create elephant bars even if we
put all of our money together and bought the stock at the same time at the same moment you and I would not be able to create an Elephant Bar in Microsoft so when an Elephant Bar forms in a Microsoft in a Tesla in an Amazon in a in a very very institutionally dominated stock you know that this Elephant Bar this bar is the footprint of Institutions at work if a green Elephant Bar is forming institutions are piling into the stock simultaneously and not just one simultaneously at the same time at the same moment and that
must mean something why are multiple institutions hitting up this stock at the same moment at the same time what do they know we're following the footprints of money and we can be guaranteed that if an elephant bar has formed it is institutional sponsorship it's not your neighbors it's not your relatives it's not your friends this is big money at work and big money wishes that they can hide from us big money wishes that they can in a very stealthily way enter into things and exit out of things without you and I noticing but the astute
Watcher of the footprints of money can detect their entering the waters and exiting the waters an elephant cannot step into a pond without raising the level of water an elephant can't step into a tub without raising the level of the water no matter how how carefully he tries to put his big giant elephant foot in the tub the water's going to raise and the Elephant can't get out of the tub without the level of water dropping so when the elephant steps in the tub the water rises that's in green Elephant Bar and when an Elephant
Bar leaves the tub the water level drops that is a Red Elephant Bar so green elephant bars are institutions piling in Red Elephant bars are institutions leaving got this elephant bars will represent 60% of all of your trades think about this guys no other event that I'm going to have you name happens in a more prolific fashion than elephant bars this is your bread and butter event that I want you to name you will play elephant bars more than any other event that I'm going to have you name 60% of all of your trades for
the rest of your life will be based on elephant bars the other statistic that I want you to have there's two the second statistic is the elephant bars have a 70% follow-through rate which means that seven times out of every 10 after an Elephant Bar there is more green to follow that's the follow through rate 70% follow through rate look at how powerful this is is if I'm right and I'm right it means that if you buy into the right Elephant Bar for the Elephant Bar finishes forming seven times out of every 10 times you
do that you get money I want you to think about that seven times out of every 10 that's what 70% means that if you buy the right Elephant Bar you're going to make money 7even times out of every 10 70% follow-through rate in addition to that 60% of your trades are going to be Elephant Bar based so these are the two statistics I want you to write down and make a note of you will play elephant bars 60% of the time of your life as a Trader the right elephant bars will deliver profitability for you
70% of the time or seven times out of every 10 that is extraordinarily powerful what do these statistics mean people is that you can build your entire trading approach off of elephant bars this can be the basis for the majority of your trading you can make your living entirely off of Elephant Bar play it can be that simple I play bull elephant bars to the upside I play Red Elephant bars to the downside but not every Elephant Bar is playable that's where position comes in the elephant bars that form in the right position have the
higher odds just remember elephant bars will represent 60% of your trading the right elephant bars have a 70% follow-through rate or a 70% success rate just to give you an idea of what that how big that number is guys there are algorithmic trading programs that have have a success rate of 38% that make millions of dollars a year 38% success rate make millions of dollars a year the 38% wins are big the other percent wins right the 62% win wins that aren't profitable or relatively small you don't have to win more often than you lose
but when you have something that wins more often than you lose it's super powerful so if an algorithmic program with a 38% success rate can make millions of dollars a year what do you think a 70% success rate can do extraordinarily powerful let's go here's an example of an elephant bar this is Uber here's an example of a bare Elephant Bar now what we're looking at is a five-minute chart if you were playing the five-minute chart you want to jump into the Elephant bar toward the end of the elephant bars formation so in the last
minute and a half of a 5-minute bar if it's a two-minute bar you want to enter into the Elephant Bar the last 30 seconds of the 2-minute bar or the last 40 seconds of the 2-minute bar it's always toward the latter third let's say the latter third part of the bar so here's a bare Elephant Bar that drops to the downside remember elephant bars have a 70% follow-through rate there's the follow through there's the money there's the consistent profitability giveing you an example of a bare Elephant Bar now let's go to item number two that
I want you to be able to name I want you to be able to name tailb bars so we've covered I need you to be able to name and name and identify an elephant bar when you see it whether it's a green Elephant Bar or Red Elephant Bar I also need you to be able to identify tail bars whether it's a bottoming tailb where your tail is at the bottom of the body your tail is at the bottom of the little body your tail is at the bottom of the little body now note that on
these tail bars the body is little and the tail is the sizable item thus the name tail bars the most important part of a tail bar is the tail it is not the body the body can be green the body body can be red the body can be no color no color red green it doesn't really matter what color the body is what matters is the size of the tail but the only thing I will say about the body is that the most optimal tail bar has a relatively small body you don't always get that
but the optimal tailb has a relatively small body but understand that in a bottoming tailb the tail is under the body and in a topping tail bar the tails are above the body they're both viable okay so you got bottoming tail bars and Topping tail bars bottoming tail bars will have a follow through rate of equal to the tail to the to the Elephant Bar so the follow through rate on bottoming tails is 70% plus again you're going to make money if you identify name a bottoming tailb bar correctly you're going to make money seven
times out of every 10 times you do that that's very powerful 70% follow-through rate the only caveat here is that unlike the elephant bars people this is not going to represent 60% of your trades how can it because the Elephant Bar represents 60% of your trades this is going to represent 15% of your trades so 15% of your trades will be tailbar plays whether you're playing the tailb bar to the down the topping tail bar to the downside or the bottoming tailb bar to the upside listen to me carefully this is very important I want
you to think about the fact elephant bars are going to represent 60% of your trades right wow 60% tail bars are going to represent 15% if you play both of these that is what 75% of all of your trades are two things elephants and Tails elephants have tails right of course have you ever seen a tailess elephant no elephants have tails we want them both that 75% of all trades you will ever take in life two things the Simplicity of this is extraordinary but don't confuse the Simplicity for lack of power this is extraordinarily powerful
and I will show you example after example after example all from last week all from my Traders drilling elephant bars and tail bars from the right position and making consistent Pro profitability now remember 70% follow-through rate success rate let's take a quick look at an example of a tail bar here is Amazon it is a topping tail bar I hope you can see this topping tail bar the majority of the bar is tail the body is relatively small you don't always get that but that's the optimal and the follow through rate is 70% beautiful that's
the second item I need you to be able to identify I need you to be able to identify I need you to be able to say if I point to this bar I need you to be able to say Oliver I I need you to I need you to answer me I if I need you to if I were to ask you what is that bar what's the name of that you say that's a bare Elephant Bar Oliver if I point to this bar you should be able to identify it I need you to be
able to say Oliver that's a topping tailb you understand if I point to this bar I need you to be able to identify Oliver that's a bottoming tail bar this is what I want to drill you on over and over again can you accurately identify the best events the best opportunities the best ones have follow-through rates of 70% 80% 90 0% oh yes there are events that have a 90% follow-through rate we're going to actually talk about adding position that takes the 70% into the 80% and maybe if I have time I'll share one or
two 90% events to identify but this is extraordinarily powerful guys I'm going to teach you how to put this three system this three-step system together and your accuracy is going to go through the roof Pro I promise you I promise you this so you got to be able to identify properly name is when I say name it is the same as identify it the third and final thing there's only three things I need you to be able to name or identify elephant bars tail bars and what I call 180s there's a bull 180 and a
bare 180 now why do I call it 180 is because one group the bulls the bulls are doing a 180 on the Bears so if you look at the bull 180 the picture you see here is a bull 180 you see first the Bears were in control by taking your stock down then all of a sudden in one Fell Swoop the Bulls regain control and supersede the Bears by taking out the high you see that little little piece of green above the high this is a powerful bar the bare bar is a powerful bar but
the green bar overcomes the Red Bar to become a more powerful bar meaning it cancels out all the bearishness all the Bears have gotten destroyed by the green bar now another way I explain this to my Traders is I want you to imagine that there is the sun in in the right hand corner and it is shining its Rays down on your event that you named you named this bear this B 180 now if you look at the Rays of the Sun the only thing that is absorbing the sun is the green the red are
getting no sun they're dying we give the benefit of the doubt to whatever is receiving the sun on the right hand side if the green did not quite come all the way up to take out the red and the green only reached let's say here then the sun is actually there's some sun going to the green but most of the sun is still going to the red that's still bearish because the red is receiving more of the Sun than the green that's still a bare event but if the green Rises high enough to block the
Sun that's when you go bullish because now the green is The Golden Child the green bar is receiving all of the sun's Rays so the bull 180 is a very powerful event why because it is a turning event it is a clear indication that one group the Bulls one side of the war the Bulls have overtaken the other side the opponent which are the Bears they are in control now so it's a very clear indication that the market has changed from one group to the other now I will tell you this 180s are the most
powerful event of all so out of the three elephant bars tail bars 180s 180s are your most powerful event of all 180s have an 80% follow through rate woo all right so remember elephants have a 60 elephants have a 70% follow through rate tail bars have a 70% follow through rate 180s have an 80% follow-through rate it's a higher success rate now here's the other thing as powerful as elephants are their follow-through will be powerful as powerful as tail bars are their power their follow-through will be powerful 180s will have double the power woo so
not only is the 180 higher in terms of its consistency as far as follow through 80% versus 70% the power of the follow through the explosiveness of the follow through is double that of the others you're going to make some of your longest green your biggest profitability off of 180s they're just simply more powerful now you got elephants tails and all powerful 180s right the only caveat to this is always a tradeoff the 180s will give you an 80% follow-through rate which means that eight times out of every 10 not seven eight times out of
every 10 you're going to win with it its follow-through rate is double the power which means that you're going to win bigger on average with the 180 than the other two but it only happens 10% of the time that's the tradeoff so elephants happen 60% of the time you understand Tails happen 15% of the time the all powerful 180s happen 10% of the time write these things down guys I need you understanding I need you remembering these notes especially when we go to examples here is an example of a bear 180 remember a bare 180
is just the opposite green gets overtaken by Red be 180 my Traders would come in all the way from here uh-oh bear 180 boom they' position themselves right in that red bar of the bar 180 the follow through I need you to be able to identify which is another another way of saying I need you to be able to name These Bars what's the name of this bar you should be able to tell me Oliver that's an a bare Elephant Bar what's the name of this event you should be able to tell me Oliver that's
a bare Elephant Bar what's the name of this event you should be able to tell me Oliver that's a bull Elephant Bar what's the name of this bar Oliver that's a be elephant bar all of these things you should be able to name you need to become an expert identifier of these three things elephants tail bars and 180s if I can get you to just throw everything else out of the window but Oliver what about the stochastic indicator no the RSI Oliver the RSI what about the RSI no if I can get you to throw
all of that garbage out of the window all of your indicators all of your special items oh the overbought the over sto forget that elephants Tales 180s elephants Tales 180s elephants Tales 180s I promise you I promise you if I can just get you to distill down to these three things and to become an expert at identifying it whereas if I were to point to any one of them you'd be elephant one 180 tail elephant 180 tail elephant tail 180 your accuracy your consistency will go through the freaking roof and all we have to do
is add the risk the position once you know how to identify these things then we tighten it up and say well not all of them are takeable only the ones in the right position in the right neighborhood in the right location then odds go up let's talk about that next all right let's go so the bull events are simple elephants 60% of your trades tail bars 15% of your trades 180s I mean 15% of your trades or tail bars 180s 10% of your trades good this is the bare events bare elephant bars 60% of your
shorts to the downside topping tail bars will make up 15% of your shorts bare elephant bars I mean bare 180s will make up 10% of your shorts so with these three items you've got 85% of all of your trades will be these three things you really don't need anything else now the next step in our NPR litus test we already covered the name it name the elephant name the tail name the 180 now let's position the thing that you have named location is key A lot of people understand that in real estate the three ways
to make money in real estate is location location location what a lot of people don't realize is that it's the same thing in trading in the market particularly in the stock market in real estate you can have the most beautifully well-built Mansion but built in the most crime infested ghetto and it will not fetch the value it should but take that mansion that event and put it in the right location and it fetches millions and millions of dollars same house same materials same quality but the location increases or decreases the value same thing your Elephant
Bar can be decreased in its power and its reliability in the wrong location but it can also be upped and put on freaking steroids in the right location let's talk about location position it location is key I have to introduce you to two key moving averages these two keep moving averages if you follow my work for any period of time you understand I will not look at a chart unless it is accompanied by the 20 period simple moving average and the 200 period simple moving average irrespective of the time frame that you're focused on when
these two moving averages are relatively close together they form in above and below position so what we're looking at now is the 20 period moving average and the 200 per moving average relatively close together and this is the above that dual moving average pair position now this above position is divided into three categories plus one is the category right above the two moving averages right above the two moving averages is what I call position plus one then you have something way above I'm talking about Pluto land so this is Earth this is like Mars and
this is Pluto in terms of planets so Pluto land way out there far away is plus three and anything in between is plus two position plus two so I need you to I know this is somewhat subjective but you need to be able to take the space above the position above these two keep moving averages and divide it into these three positions and you start with one and three because that easily gives you two two is the most ambiguous so if you say wow that's far away that's three and this is relatively close to the
moving averages that's one you automatically get position two now let's talk about what you do in each of these positions from position one you never go short that's why there's all green arrows you only go long so if you identify an Elephant Bar in position one is a long boom if you identify a bottoming tailb bar in position one this is an automatic Buy for a long if you identify bull 180 in position one this is a powerful bu I want you to understand that do you see that do you understand what I'm saying I
need you identifying elephant bars in position one go tail bars in position one go Bull 180s in position one go go go go go go go go if you get an Elephant Bar in position one it's not 70% anymore it's 80% follow-through rate woo so the Elephant Bar by itself is 70% put the ele have that Elephant Bar in position one right under the moving averages relatively flat 20 and 200 moving averages boom this becomes an 80% woo your consistency just went up your profitability just went up it's very powerful the tailb bar in position
one is not 70% it's 80% now get this are you ready the bull 180 in position one is not 80% it's freaking 90% 90% follow-through rate your consistency and profitability explode by the powerful event being in the most powerful position what's the most powerful position one that's why I I labeled it one it's number one the number one position is right above the 20 and2 200 as relatively flat moving averages so now we've got 80 to 90% follow-through rate 80 to 90% success rate your consistency goes through the roof your profitability explodes wo I still
get excited about these things so position one is by far your most powerful position now POS let's go to position three position three is in pluto land notice that that now the arrows flip down and are all red you only go short way above the key moving averages so we're looking up here for anything that signals short bare bare Elephant Bar in position three short topping tail bar in position three way up there and your moving averages are way down here short bare 180s way up there in position three you're in Pluto land short so
we're long from position one we're short from position three let's talk about position two now position two has two green and one red which means that you can actually go short or long from position two depending upon the event if you get a powerful cell event like a bare 180 from here from position two you can take that short if you get a topping tailb bar from position two you can go short from position two boom boom so we only go short from three sometimes we go long from Two and sometimes we go short from
two but we only go long from one so one and three are the certain ones one only long you got it three only short two short and long depending upon the power of the event let me know if you understand understand what I'm saying let me know if you're picking up what I'm laying down talk to me talk to me I'm going to take a sip of tea I'm not going to move on unless you tell me you understand tell me Oliver I get it I get the position position one position two position three I
only go long from position one I only go short from position three I do both from position two depending upon the power of the event powerful but you see how like Clarity Clarity is building isn't Clarity building I got three events and three locations I got 70% follow-through on the events but they're 80% in the right location see the clarity forming do you see it do you feel the clarity forming here talk to me you feel it I feel it the same thing applies guys to the downward position right so under if you've got a
relatively flat 20 and 200 and they're relatively close together you have a scenario where you have a not only a space above but you now have you also have a space below and the space below is handled the same right below is position one way below is position three instead of plus it's negative and in between is position two we only go short from position one so I want to see elephant bare elephant bars in position one now that Elephant Bar doesn't have a 70% follow through rate it went to 80% follow through rate to
the downside tail bar not 70% from position one but 80% from position one and bare 180 OMG bear 180 from position one boom this has a 90% follow through rate position one is your most powerful position I start all Traders off trading only position one to get them used to the most powerful events in the most powerful location that is where they're going to get the highest level of success that is where they're going to get the greatest flow from their trades and the greatest consistency and the greatest profitability your best trades happen from position
one your second best trades happen from position three and your third best trades happen from position two and the reason you can see in the color why one and threes will be more consistent because they're straight one color one is all red under the moving averages three is all green deep below the moving averages you play only long from the upside way below the moving averages so you're looking for bull events bull Elephant Bar bottoming tail bar bull 180 from down way down here snapping back now you only want bear events here you only want
bull events here and you can do both in between depending upon the power of the event but I start all Traders off focus only on position one your greatest trades happen from position one your most consistent trades happen from position one what's position one here is position one under the moving averages remember here's position two here's position one above the moving averages here's position one below the moving averages here is position one once again right above the moving averages most powerful trades are going to come from there here's position one right below the moving averages
your most powerful shorts are going to come from there so your most powerful Longs happen from position one here your most powerful shorts happen from position one here match up your your bull events to position one here match up your bare events to position one here and I promise you your problem won't be profitability your problem won't be consistency your problem will be I have so many powerful opportunities how do I choose which ones do I choose you'll have to choose the money that you make the other locations I want you to be aware of
Are any are two things a flat 200 period moving average if you get a Surge from a flat 200 like this boom Elephant Bar from a flat 200 that Elephant Bar goes to 90% follow-through rate the 200 makes it double the power elephant bars that surge off of the 200 go 90% follow-through rate bare elephant bars that surge down off of the 200 go 90% follow-through rate mark it down the 200 adds double the power and you can get the same thing here bottoming tail bar topping tailb bar bull 180 you know the deal bear
180 you get it down here relatively flat 200 makes your events doubly powerful now let's talk about the other location is a rising or declining 20 period moving average so if you get an event let's say you get a bull Elephant Bar here a bottoming tail bar here gains extra relevance the only thing is do not consider it good if the 20 is too separated from the 200 it can be separated just not very separated if it gets very separated all bets are off so if you get something like this guys look here's my 20
on my 200 up here now any Bull event way up here separated is not cool high probability of failure because of the separation between the duo the 20 and the 200 so you can be separated just not very separated like this this is two separated so remember the locations remember the locations you've got the flat relatively flat 200 where if you get a Sur that goes to 90% follow-through rate the 200 adds extra Credence extra power to the play or here declining 20 that is separating from the 20 to the 200 but not very separated
yet too much separation ruins it and you have to stop playing off of the 20 so in summary what are your positions in summary what are your positions your positions are the 200 the three events off the 200 the three events off the the declining 20 the three events off a rising 20 and the three events + 1 + 2+ 3 -1 -2 -3 remember your Zone above the two relatively flat moving averages your Zone split up into three above your Zone split up into three below I told you this was going to get a
little more sophisticated I only have three events I want to play any of the three events off the 20 the 200 I want to play any of the three events off the 20 period moving average if it's rising or declining I want to play any of the three events more specifically off the ones and threes and these are my creme de La Creme positions locations I told you it's going to get a little a little sophisticated here and it's even actually more sophisticated if you join the family we can really do deep Dives on this
we've got the three events where those three events gain extra power extra reliability extra profitability potential now risking it out and then we're going to go to examples guys you have to be able to on every trade make a risk assessment this is your risk assessment step okay now we use two stops to do this with two protective stops stop number one is called the event stop an event stop is very simple guys I will not lose the event if the stock takes my event away I kill the trade if I ENT this Elephant Bar
in position one my stop is under that event if this event if the stock breaks the event takes my event away from me I am out of the trade right there that's an event stop I am playing this bottoming tailbar in position one if the stock breaks the low of that event I am out right there I will not allow I will kill the trade when the event that got me in the trade is no longer valid if the market takes my event away I'm out if I have played this bull one this bull 180
right there my stop goes under the event if the stop takes my event away I am out right there under the event one penny two pennies 3 pennies right under the event I'm out I kill it it should not be doing that now this is going to happen but it should not be happening regularly remember 70 to 80% this is 90% if it's off the 200 90% follow-through rate so that means that one and 10 might do this but nine are going to take you to the promised land so that's what an event stop is
you don't stay in it if the market takes the event away you get out the market takes your event away you're out immediately no questions ask no hesitation no anything traders who stay in Hope mode are your losing Traders the ones that hope after their event has been taken away it's ridiculous but Oliver what if what if my event gets taken taken away but the S&P 500 is rocking to The Upside no but Oliver no but no if your event is taken away out no if ands butts there's no butts get your butt out of
the way your stock should not be eliminating the reason that you took the trade in the first place especially if you are taking the event in the right position if you're taking an Elephant Bar off the 200 or an elephant bar off position one that should not your event should not be violated and let me give you one one very important clue if the perfect event in the perfect position gets taken out watch out below watch the opposite move is likely to be very very violent and serious now I know that's going to lead some
of you to say well Oliver should we flip it and go the other way that's not the topic to today but possibly yes but I'm telling you this do not stick around if perfect events in the perfect location perfect position fail I'm telling you they fail spectacularly statistically speaking so you don't want to play around last thing I will say about event is we need to incorporate maximum loss per trade a maximum loss per trade criteria to the event we have to combine these two now what do I mean by maximum loss per trade every
Trader must have guys a maximum amount that they will lose on any given trade this becomes your this becomes your most important promise to yourself as a Trader I will not lose more than $300 on any given trade that is a maximum loss per trade promise do you know how many Traders are operating in the markets without that promise without the promise made to themselves I will not lose more than this on any given trade I don't care what happens I don't care who Whispers in my ear I don't care what the news is I
don't care what the earnings say I don't care what the Stars say the Stars could be aligned and um the planetary alignments can be this and the astrological signals can be this it doesn't freaking matter I will not lose more than this on any given trade no matter what and if you don't have that you are a novice I don't care how many indicators you look at I don't care how good you think you are if you do not operate with this ultimate promise as the as the foundation of your trading plan you are a
freaking novice do you understand so I'm going to give you an example of what a maximum loss per trade is and let's go and let's do the math let's say there are two options for this let's say your maximum loss per trade is $300 your maximum loss per day we have to start off with what is your maximum loss per day what's the amount of money that you are willing to lose on any given day it can't be big enough to make you seek counseling if it's too big you'll want to seek count you'll need
to seek counseling at the end of every day we can't have that so it has to be small enough to where you don't need to seek counseling but it also has to be ample enough to give your stocks room to dip and move and dance a little bit so let's say that maximum loss per day I'm going to give you an example is $300 we're going to use $300 as an example because $300 is easily recoupable it's not going to be the end of the of the world you're not going to have to seek counseling
you're not going to start having having suicidal thoughts with a $300 loss all right now we take this $300 and we can divide it by two or we can divide it by three those are the two options if you want more room if you want to give each play a little bit more room you divide your maximum loss per day by two to get your maximum loss per trade which means that you will not let any given trade lose more than $150 if you take your maximum loss per day and divide by three you get
a maximum loss per trade of $100 the $100 says that I will not lose more than $100 on any given trade now these promises become the ruling promise of your life as a Trader the trader who consist who more consistently applies keeps this promise to themselves has the greater odds of being the better Trader do you understand I will not lose more than $150 On Any Given trade I will not lose more than $100 on any given trade whatever your maximum loss is I say this with one caveat you can go too small you can
make your maximum loss per trade so small that you die by a, cuts too much of a good thing is not a good thing anymore so so I don't want you but Oliver I mean I'm losing but my maximum loss per trade is $5 like dude you can't you can't fit Microsoft Apple you can't fit trades in a $5 box you can't put them in a straight jacket like that they're going to try to violently break through you're just going to die by a, Cuts your losses will be small but you'll have 2 million of
them two million small losses there's a sweet spot right you've got to give your stocks enough room Bo I always say in order for a dancer or a basketball player to LEAP he must first squat you must give your stocks squatting room so that they can leap but if you prevent your basketball player from ever bending its knees it can't jump it can't leap for you it can't dunk the basketball for you it can't score for you because you're not allowing any knee bending room you've got to allow room not so much where you have
to seek counseling if you're stopped out but not so tight that you die by a Thousand Cuts either so my general rule is no maximum loss per trade less than $50 and even that's cutting it I like more like $70 $80 $100 maximum loss per trade all right let's go back so how do these things fit together well let me just I'm going to tell you how they fit together and then we're going to look at a look at a ton of examples if you were buying this Elephant Bar this is position one it's above
the relatively flat two moving averages you're you're buying into the bar toward the end of the bar's formation if that's a two-minute bar you're buying about 1 minute 30 seconds into the bar boom there's your entry your stop goes right under the bar if you buy two lots you have to know if I get stopped out here is and my maximum loss is $100 per trade that means that this has to be less than 50s so from entry to stop has to be less than 50 cents otherwise you violate your maximum loss per trade so
you have to know this before you go into the trade is that stop less than 50 cents away if it is more than 50 cents away let's say it's 75 cents away and you've got two lots you would violate your $100 maximum loss per trade so what do you have to do you've got to drop the two lots to one lot and now your maximum loss your your loss is 75 cents away you're going to lose $75 which actually is within your $100 maximum loss per trade now go so do you see how your applying
the event stop within ultimate Max will help you decide what's my size is it one lot is it two lot is it three can I squeeze three lots in there because if if your if your maximum loss is 100 and the stop out point is 25 cents away you can do almost four lots of 100 shares four Lots in get you about $100 loss if you stop out if your if your stop is 50 Cents away then you can barely do two two Lot 200 shares at 50 Cents gets you $100 loss if your stop
is 80 away you can only do one lot to stay within your $100 maximum loss per trade so this helps you fil determine what's the size of my trade but even more important than knowing what the size it helps you automatically fit the size make the size of the trade appropriate but in addition to that people you know your loss beforehand it's no never more than 100 if that or if it's 150 never more than 150 whatever it is you know that the worst thing that can ever happen to me is a $100 loss so
now I ask you if you know the worst thing if you keep your promise and you know that the worst thing that can happen to me is $100 then where does fear in trading come from after that do you follow what I'm saying people do you understand that one once you start operating with a maximum loss per trade and you know that I will never lose more than this on any given trade you have now removed the need to fear anything because every trade becomes the same no trade can ever hurt you beyond $100 and
that's not hurt that doesn't hurt so now you remove hurt from the equation you remove the possibility of being destroyed from the equation you remove the possibility of being surprised from the equation because I will never lose more than $100 on any given trade I have made every trade the same as far as risk is concerned so now I don't fear I trade with confidence I trade with authority I trade with freaking power I'm no longer hesitant because Max that can happen to me is $100 I'm no longer second guess because the max that can
only happen to me is a negative $100 I have neutral ized I've castrated fear fear no longer has balls bolitas when you operate with the maximum loss per trade part of the NL the NPR name it position it then you make sure the risk is within your maximum loss per trait now go okay let's get back to this it's very powerful guys it's simple in nature but very sophisticated and Powerful at the same time okay now I promise you wait till we look at these examples here guys we're going to apply on the examples the
NPR checklist your trading Manifesto understanding the NPR checklist we're going to now apply it to real trading examples these are real trades that I pulled from my own Traders sometimes ask you to name it sometimes I'm going to ask you on the examples we look at to position it and sometimes I'm going to ask you to risk it out but listen to me carefully when you're looking at a trade for yourself you must name it is it an elephant tail or 180 you must name it check now let's say you say it's an elephant now
you must position it is it in position one or three is it off of a 200 period moving average is it off of a 20 period moving average you must position it here's position one is it position one is it position three is it surging off the 200 or coming off the 20 make sure it's not so separated from the 200 so which position you've got three possible names right you got three possible names you've got one two three four possible positions if we eliminate the two and we've got event and Max event stop will
be less than Max Max will be your ultimate so here's how the checklist Works name it Elephant Bar check position it surging off the relatively flat 200 check what's your stop maximum loss per trade I will not lose more than $150 that's my maximum loss per trade I will not lose more than $150 on this trade check listen when the best your best trades will have three checks there are times where you can acceptable trades are two checks let me give you an example of a two check you can name it the position is not
so perfect it's not far away from the perfect position but I can't say it's perfect but it's properly risked out another two check that's possible the name it's kind of a tail bar I mean it's close to a tail bar I can't say it's the optimal tailb but it's close enough but I still have to put an X because it's not the perfect one but the position is perfect and risk it out so here are two check examples do you understand this is a two check trade that you can take this is a two check
trade that you can take it's less than IDE deal but it's still takeable but notice something never will you sacrifice the wrist side the Lost side we can relax this a tiny bit we can relax this sometimes a tiny bit you never ever ever ever look at my face never never NE never Oliver never but sometime no never risk never F play around with that do you understand me we don't eat we never come off R maximum loss per trade 100 you never relax that all right so I would C encourage you to focus on
being a three check Trader forget the two the acceptable ones I want you initially at least going for the Gusto I want you initially going for the best I want you going for the sublime I want you going for the perfect because your best trades will be three Che three check trades statistically all right now we're going to take this NPR litmus litmus test this NPR checklist and we're going to look at all the live trades or many of the live trades that my Traders took last last week and I'm going to drill you on
it are you ready for your world to be rocked with the NPR I'm telling you you're going to see this is going to rock your world you're going to see like holy cow this is simple but powerful and you're going to see the possibility of what it can do for you are you ready if you decide to take two checks I need you keeping score so I need you keeping score how many of your three checks win versus your two checks do you understand and if you find that your two checks are really underperforming eliminate
two check plays you understand it's okay to take two check plays as long as you're getting consistency there so if your two checks are still getting you decent consistency win win like that keep do three checks and two checks but if you're starting to fail on two checks eliminate two checks and only do three checks I need you keeping score that's the whole purpose of that slide all right let's go real trades this is how it's done I want you to take a look at the 200 the 200 period moving average and you've got the
20 period moving average identify name it name it name it now name the event is it an elephant is it a tail is it a 180 all right some people might say well Oliver isn't that a bull a bear 180 because there's a green isn't that a bear 180 because there's a green bar before it no because a bare 180 guys the green bar has to be relatively sizable too like that that's a real bare 180 where the green is not tiny it's not tiny like that so this is more of an elephant bar now
tell me the location remember the NPR test right we're doing an NPR test let's do it NPR what's the name of it it's an elephant check okay what's the position is it coming off the 200 off the 20 in position one or three well I would say it's off the 20 this is an off the 20 play not to separated remember not to to separated like that it's separated but not to separated so off the 20 check now assuming you risk it out um maybe I can only do one lot here to make sure that
if I stop out above the event remember event stop don't lose your event boom if you lose less than your maximum three checks maximum loss per trade done boom now go for it I want to bring your attention here look at that Gap right there guys see that Gap right there we always fill gaps in fill the Gap in fill it in take the empty space and make it red as if it didn't Gap as if it traded there now name your event what event is this name it it's an elephant check what's the position
at or near the 20 it doesn't have to be touching it just at or near it this was on it that's fine this Elephant Bar is on it that's fine at or near it at near or on it is fine just not far away like this let me show you something far away if your Elephant Bar is down here look how far from the 20 or far from your item it is that's not workable Elephant Bar stop Elephant Bar position near the 20 boom risk it out I will not lose more than $100 or $150
maximum loss per trade done same thing here name it position it 20 risk it out boom and all of these work this one gave you a tiny bit of a pause here boom would eventually work it didn't get stopped out this eventually work boom boom didn't get stopped out all right let's move to the next next example tail bar there's two here I want to show you here's a topping tail bar you just named it name it topping tail bar boom what's the position 200 period moving average look at the flat 200 period moving average
position 200 boom risk it out yes I can do two lots here without losing maximum loss per trade boom that's a three check trade and the rest is history now what position is this look carefully what position are you here here's your position one this is three and in between is two right you've got bottom name name this event bottoming tailb in position three you can go to the upside so we short from position one we go long from position three if we have the right events position one position three position two bottoming tail bar
topping tail bar guys this is huge money do you understand these are all trades taken by my Traders United Airlines okay name the event Elephant Bar name the event Elephant Bar all right name the position let's do this one this is very special guys so name the event name it you should always operate like this guys always operate like this NPR everything you do name it Elephant Bar position it position one whoa position one boom risk it out all right three lots without losing 150 three lots maximum loss per trade boom I want you knowing
what you're going to lose before you you take the trade this is a three checklist and the rest is history now name this event that's a bare 180 right but is it in the right position it's not down here you see it's in position one that is not where you take a negative trade you don't take negative trades in position one you only take positive trades in position one this is where a lot of Traders go wrong but Oliver there's a bare El there's a bare 180 it didn't work I'm like that's not where you
take a bar 180 that's where the NPR comes into play so let's do it name this event bear 180 which signifies go short but what's the position it's position one wrong position right not cool since we never take bare signal in guys remember let me just go back and this is very important it's so important I do want to go back and show you and remind you we don't take bare look all green there's no red there's no instance you take a short in position one I don't care what the event is we don't take
shorts in position one all right that is a short in position one no only long Elephant Bar I love that sound all right okay tail bar I'm giving you one part of the NPR right I'm giving you one part I did that wrong I'm giving you one part of the NPR litmus test I've given you the name it's a tail [Music] bar boom right there now you tell me the position I will wait you tell me the position boom tail bar that is position one that's right position one the perfect position and where's that sound
again we got tailb bar position one check okay two lots allows me to stay within maximum that's a three check trade and the rest is history guys listen to that sound if you take a position in one boom here's the position one taking a short in position one where do you think you really want to exit and think about this where do you want to exit in position three you're taking position one boom you want to be out in position two and three certainly three so let's go let's go back to this guys this is
dark though shoot let me see something here here's position one you're taking the trade topping tailbar boom two lots stop this is position one this is position two and this is position three and you're coming out in position three you're taking one out in three that's why I love position one trades going into one coming out in three and some of our Traders come out partially in two and the rest in three Elephant Bar boom I gave you the name now I gave you the first part NPR it go ahead and NPR it guys Elephant
Bar boom now position that thing position that thing all right look at it 20 period moving average boom now risk it out how many shares gets you within still how many shares can you pat inside of your maximum loss per trade and let's say that's two I can pack two trades still stays within my maximum loss per trade boom that's a three check trade no thinking no guessing no doubting go all the way Elephant Bar I gave you the first one now name it I gave you the name Elephant Bar now position it and risk
it out it's two positions now here's something interesting it's off the 20 and it's position one when you get this your odds just went up you can get a double check in the position category that's crazy it's the only one that you can get a double check so this is actually and and let's say you can get three lots off that keeps you in maximum loss per trade so here's a here's a not just a three this is called a three check tra a three check trade plus a three check trade plus one check two
check three check plus three check trade plus odds go up beautiful beautiful examples here whoa Elephant Bar you know the deal NPR that thing here we go I gave you the elephant check now position that thing position that thing and risk it out how many Lots can you do maybe you can get three off here and maximum loss per trade boom I want you to be in that habit of listing the lot okay this is two lots within maximum loss perray this is one lot within maximum loss perray this is three lots within maximum loss
perray it puts you in the habit of always knowing your risk before you enter the trade tailb bars I'm giving you the first thing name it tail boom now position that thing risk out that thing we got dual tail bars there so some traders of mine they would double the name here so they would say that anything that's double like you can get dual tailb bars that's double so they would double the name here so it will become a three check plus um I don't really necessarily do that but I I do have some traders
that do that so it's not just one bottoming tail bar it's two bottoming tail bars they double the name the position is per the position is double two so the position is off the 200 so you're in the area of the 200 so it's 200 and it's position one so it's double the position oh my goodness and risk it out all right maybe you can do two lots to stay within that maximum loss per trade and boom so you got double double boom that is is crazy if you make sure that you're filtering it through
the NPR you can't go wrong very often now here's just a plain test NPR name something that is also positioned perfectly that you can do with inside inside of your maximum loss per trade boom name it elephant position that thing off the 20 and I would say position one boom boom 20 and and that's not plus that's negative position one and you can probably get maybe as much as four Lots since four Lots within maximum did that wrong four Lots within maximum loss portray maybe three lots four Lots three lots something like that boom your
stop is not that far away that's your stop your stop is not that far away position one position two position three 1 2 3 teach you how to trade by the Numbers I'm giving you the first one here Elephant Bar now let's NPR this thing NPR it name it elephant position we got position one and we've got 20 ma and we've got 200 uh-oh do you see that you're near both of them and do you see that you're in position one so now look at how many checks you have in position 1 2 three risk
that thing out now go for the freak Gusto this means that the odds are so stacked in your favor traders that you can't guess you can't doubt you can't waver you can't pause you can't flutter in any way you can't hesitate the odds of success are just too great and so guys I call this the weight of the evidence approach to trading what that means means is that if you if you have let's say you have three possibilities you've got like three events here's an elephant here's a tail here's a 180 whatever and so you
can quickly do a weight of the evidence well this is a three check this is a two check these this is a three check this is a three check this is a two check get the two check out now I'm down to two so now I have two that are three checks but I've got one that's an elephant and one that's an a 180 well a 180 trumps an elephant in terms of power and reliability but my elephant has three position checks at the 20 at the 200 and position one well that now trumps the
regular three from your 180 you have this neat little way of which one has the heaviest weight which one has the most checks which one has the most power which one has the most the the highest odds of success so you can have two three checks let me give you two potential trades that are both three checks but one of the three checks is in position one the other three check is in position three still three checks position three is a check position one is a check but position one is Trump's position three so now
this brings CL Clarity what most novice Traders fail to have is Clarity they're always vague it's always guessing they're never sure of anything with the NPR test you can go out of all the this is the one this trumps that one this is better because it's position one that one's position three this is better because it's a 180 and that's a tailb bar this is better because there's two checks in position and this this one is one check-in position do you understand what that does it takes you to an entirely different level as a trador
you don't you stop being the traiter of all with the NPR test you stop succumbing to your fears your thinking your thoughts your guessing your your anxiety it's freaking plain here's here's the event here's the position here's what I'm going to lose if it doesn't work with two Lots now go go go child and make that money position three so now guys I'm giving you the position NPR that thing I'm giving you the position so we've got the position the position is three minus three now you have to fill in the rest name it position
three is down here name it I'm okay if you said bull bull 180 I'm okay if you said Elephant Bar I'm okay boom check now just risk it out and you're done from position three all right beautiful um position one is here name it Elephant Bar and position one so this NPR would be dual position right so you would have I name it the position is-1 and I would say that's pretty close to the 20 and boom risk it out now if we go to position three I've given you the position now now you have
to do this one position I've given you -3 now name it bottoming tail bar or tailb boom check position three and risk it out if you can get two lots or one lot there um without violating your maximum loss boom you got a three check trade off the tailbar the rest is history now do this one what is that name it elepant bar position it off the 20 risk it out one lot maximum loss per trade boom [Laughter] rest is history this simplifies captures and clarifies professional trading all right so now I'm giving you another
NPR with the position n p r I'm giving you the position the POS the position is boom elephant boom position now think clearly you've got look at no know your positions the positions can be negative it can be -1 2 or three and we're going to remove the two so -1 or three your positions can be the 20 or or the 200 and or the 200 you understand these are your four choices one or three 20 and 200 how many do you have you've got around the 200 check you've got around the 20 check and
you've got ne1 so you've got all three of these you've got a three Checker in the position are you freaking kidding me risk that thing out and make go make your money go forth and make your money this is a beautiful thing right here look at it boom all right let's NPR it NPR you know what to do by now NPR that thing name it identify it Elephant Bar check position it 200 20 position one it's a three cheer again boom 20 200 and position one wrist that thing out and go go go make your
money I hope you see how combining these three simple steps jump your reliability jump your consistency dramatically increase your Clarity remove your fear and increase your profitability it's truly powerful people it's truly powerful it's simple but most things that are powerful in life most things that are powerful in life are simple all right most things that are powerful in life are simple look at this bare 180 if I NPR that bare 180 guys right if I NPR that thing Me NPR NPR that thing Oliver NPR it that's how my brothers down south in the in
the southern part of the states would do it NPR that thing NPR or that thing I wonder how my Spanish and uh Portuguese translators handle this stuff NPR that thing Oliver NPR it all right let's NPR that thing all right we're going to name it it's it's a 180 it's a bare 180 boom I've got the 200 NPR it the 20 yeah that's right NPR that thing Oliver I'm going to call that position one man boom boom boom now risk it out boom and just watch go forth and multiply go forth and multiply I like
that boom NP NPR that thing Oliver NPR it NPR that thing bear 180 boom position 200 boom risk it out boom and the rest is history these are all trades guys from the last few days and there's so many more so many more remember what I told you to do if you have a gap right always fill in your Gap people see the Gap fill it in and it will give you clarity now NPR that thing fill in your gaps don't forget that don't let the gaps confuse you fill it in see that Gap fill
it in NPR that thing I know I'm crazy so guys listen I want you to know what the journey is if you decide to become a family member here's the journey it's a beautiful thing you are here now guys this is where you came this is where you you probably found out about me right here or either through my books or social media you started this process here now normally a lot of people move to our starter kit and that is like a 20097 thing right but you are here you have just participated in an
event that I do for $500 and it is worth far more than $500 because this is this event today will reward you for the rest of your trading life if you do it properly you will grow with it you will advance with it you will become profitable with it and but there are some people who pay $500 for that but that's not something you need to do you have this so you don't need the starter kit anymore you don't need these three steps anymore your next step would be the complete Trader package and if you
wanted to go beyond that there's the prot trader and then of course the ultimate is the master Master Trader but this is the journey guys this is the journey got it now I want to talk to you about for those of you who might want to be might be interested in going to the next step because you're here let's talk about the complete Trader step now the complete Trader guys is complete that is why we call it the complete Trader it comes with liftime training and education it comes with a 300 some odd page manual
I forget the number of pages but something like that um it comes with online modules where you can constantly watch the modules that are specific to certain things like moving averages stops profit taking rules entry rules the whole thing it comes with a funded account where you never have to put money into an account that you are funded for Life educated for Life funded for life it comes with a 40% payout on all of your profits you never put money in you never lose your money ever but you can only make money 40% of the
gains it comes with two study sessions a month with me it comes with a daily live trading room where you're trading live amongst your o other trading peers and trading professionals that are guiding you teaching you educating you every single day of your life this is is totally complete but there is a complete Trader package that also involves what I call the live trading camp this is my specialty where you take the complete we add the live trading Camp which is an 11-week program with me and only me alone and this is where I take
you on the journey to become a maximum profitable Trader in the first 20 minutes of the trading day that's my specialty I want all of you to have my specialty and the trading package the complete trading package includes complete along with the live trading Camp so that's what it's three days of education and 10 weeks or 10 Mondays where you trade live with me and at the end of this 11we process with the live trading Camp you emerge a completely different Trader so most people this is the probably the most popular program the complete Trader
package and then some people would say listen Oliver I know I'm home this is my family you are my mentor I'm going all the way I don't need to do it peace meal I just want Master Trader and there are a few people who all the time just go all the way I just want it all I want I want to be the closest I possibly can with Oliver I want the training I want the maximum amount of training and what have you they go to Master Trader but the most popular is the complete Trader
package now and these are the prices I'd like to give you now remember what the retail prices were guys this makes it a song you can make this in one trade you can make this in one trade you can make this in one week think about this guys this is for a lifetime my training with me never stops ever the training every single day in the live trading camp with professionals that are guiding you correcting you teaching you showing you you're mimicking their trades you're piggybacking their trades they're critiquing your trades all of that forever
on demand forever two training sessions with me every month forever for 1300 bucks, 1400 bucks something that is basically a d a family dinner with two bottles of wine this is crazy guys and the package is under 1,800 bucks just a couple hundred dos more guys for two things the 11 week live trading camp and the forever program called the complete Trader program the forlife program and then of course if you want to go all the way to master and just you know you know what you want you don't need anything else then look Master's
50% off here today there are a lot of people out there who are and this is getting worse and worse that are going to pretend like they're one of my staff members they're going to pretend like you're talking to they're going to text you like they're it's me texting you I will never text you I will never reach out to you and say how's your trading I will never ask you for money I will never tell you to send your Bitcoin to I will never do these things it's not me all right right so I
just need you take a snapshot of this or come back to this in in the presentation make sure that if you're speaking to any of my staff members it's got to be one on this list with that number and that email address look at all the languages they speak so whatever language you speak English Spanish Portuguese there is a staff member for you but you got to make sure it's one of mine because the scammers are out guys they want something for nothing they want your money I don't want you getting scammed not on my
watch do you understand this if you're really serious about it I'm looking forward to you joining joining the case now I will tell you this I want to thank you I thank you for your support I thank you for watching my videos I thank you for liking my videos I thank you for commenting on my videos I truly truly appreciate you I hope that comes through every single time I'm in front of you I made a promis a long time ago that if I were to ever get the opportunity to speak in front of one
person or 10 people or a thousand people to grab a mic if I had any attention or audience at all I would do my very best to deliver something of value something that I believe has the potential of benefiting you for the rest of your life I hope I've done that here today I believe I've done that here today I hope I have but if I haven't I promise every single time I'm going to get better and better and better and better I'm never going to stop all right guys I'm looking forward to seeing you
I'm looking forward to many of you joining the family so for those of you who are going to join the family welcome to the family in advance all right in the meantime here's how you become a family member let's go boom