#1 KILLER OF TRADING ACCOUNTS?! FIX THIS AND TAKE YOUR ACCOUNT TO THE MOON!
So you're probably sitting there wondering why the heck am I struggling to grow my trading account? So in this video, guys, we're going to address something extremely crucial. It is so crucial. I want to take a few minutes, put together the short video that a lot of you guys can definitely benefit from. So the number one killer of all trading accounts, guys, the depth, the root of all evil is that you focus too much on the money. That's the problem. And here's what I mean by that. Let me bring some light to the equation.
So it doesn't matter where your account is. Let me show you exactly what most of the traders are going through. So here's a typical trader will encounter Vonda 25 K let's say you got 4k. Let's say you got eight K in there and all year long, you're sitting there thinking, Oh man, I wish I could just get my account to 25K.
I mean, if I just had my account at 25 K whole boy, Oh man. Then I can really do it, man. Man, if I only had a 25 K account. Okay. That's exactly why you still don't have the 25 K account because you're just so mesmerized, but this magic number 25, your whole focus is going in into how to get your count to 25. Now here's why it is so up. Okay. It has a fundamental flow.
Now the root of why every trader wants to have at least the 25 K account is why it's so that you can day trade as much as you want. Well, that is, we just identified the fundamental flaw with that sort of thinking. Okay, because more trades, write this down somewhere, put it on your fridge. More trades does not equate to more money. So just because you're going to get to 25 K okay.
All of a sudden you're going to start trading like a crazy man, just because you can, and now you have the ability to do so. Does not mean that you're going to make more money. As a matter of fact, some of my top trades is on the days when I trade less. Not more, yes, there are certain instances.
For example, when we identify a solid move, three formation where you can short every bounce, you're going to have a ratio of 90, 95% probability of getting all your trade, right? All your trades, right on such an occasion. Now I move three solid move. Three is not going to happen on every day.
So for the majority of the time, you want to trade less. And just like some of the greatest trades with big this week, there were not day trades guys. They were swing trades, keeping the positions or were night, which a lot of traders are fearful to do.
And which takes me to the next stop of trader. Okay. And that is the trader. That's got the 25 K account. And here's the worst spot. If you have exactly 25 K in your account, you're driven by fear. You'll literally you are the slave of the 25 K PDT rule requirement. No, by the way, in our courses, we show you how you can tray multiple trades. Okay. If you really wanted to, you have to know which instruments to actually trade. Even if you don't have 25 key account.
Okay.
But most of the guys that do have the 25 key account. Oh, by the way. And I don't mean just setting up a cash account cruelty. Everybody knows you can avoid the PDT by setting up a cash account, but that's not what I meant. So bottom line, if you do have exactly 25 cash in your account and you're like, man, let me take this trade and this trade is going against you or something.
You start to freak the out because now the account is then the 25 K. And again, the reason I'm calling you this slave or the 25 key PDT rule, because you're so focused on what, on the money.
You're so focused on that magic number of 25 K you're afraid to let a possibly really lucrative trade that could potentially take your comp from 25 K to 45 gate. You've gotten a tray when you're down 500 bucks or a thousand bucks or 1500 bucks just because, okay, now your account is at 24.
Oh my God.
It's dropping to 23 five. Oh. I'm going to have to add money to the account. Okay. So you're so focused on this 25 K. Okay. You actually missing the real stuff that you need to be focusing on. So I mean, your Lunaro your shouldn't. I shouldn't be worried about the 25 K right.
I'm saying stop worrying about the 25 K as a matter of fact, I'm about to give you solutions for some of these psychologic guys, all of these are psychological fears that every trader is dealing with. Okay. And Juan, and if your account is on the 25 K like, man, let me get to 25. I could just get to 25. If you're at 25, you're like, Jesus, please don't let me drop onto 25.
Let me finish the debt. 25 guys. That's a problem. You're focusing on the wrong thing. Okay. So typical trader guys, eh, you know, deals with these emotions. Okay. If you've got 30 can account, okay, fine. You got a little bit of a cushion, but maybe, you know, you went aggressive, right? They, you know, nine 30 in the morning at the bell ring. And you're like, man, whew, that trade I shouldn't take in that trade.
Now you're getting close to close to 25 K. Then you start freaking out too. Well, I can drop below 25. Oh no. These trades is going against me. Got to get, Oh, 24, nine. I got to add a hundred bucks to their account. How the hell did this happen? Not today. Not again. So if you're going for all these emotions, guys, you really need to address the root of it. And the root of it is fear.
The root that is driving a trader, whether your account is a two for 10 K or whether you count as a 25 K you're focusing on the wrong thing. You're focusing on the wrong thing because the root of that focus is the fear. And the only way to deal with this is number one, to acknowledge the fact that there is a great deal of fear present in your trading and you cannot accomplish great results in anything in life.
If you're driven by fear. So you've got to conquer the fear and I'm actually going to specifically lay out a plan of how you can do this. You can conquer that fear. Okay. So, so again, this main issue, I mean, this is how stupid it is, right? If you're at 5k, you want to get to 25 K if you're 25 K you're so afraid to go below the 25 K ball for these circumstances, uh, driven by fear.
Now notice this may be sounded contradictory. Okay. But it is driven by fear because you're not thinking like, okay, this 5k, like we got a bunch of traders that took, you know, two grand or like, look, you watched the last video, right where we had, uh, Jay, he took $1,800. He invested $1,800 in the train and cash out at 30, at 45. K. So I mean, do you see what I'm trying to explain it here, 5k, in certain instances, if you calculate your move in the trade could turn into 50 K I've shown you this on this channel many, many times again and again and again, but imagine if I just focused on that number of 25, four or five K Avenue to 140 400, which I have shown you how I've done this before.
Okay. If you didn't watch that video guys find this video on this channel, I'll pull the link somewhere. But basically it, Oh, if all you're focused in is okay, let me just get to 25 to 25 to 25 K. You're going to miss out at potential where a really well calculated tray, like Roku books that we had a lot of traders benefit in the group from, you know, th they didn't invest a ton of money.
They didn't invest a hundred K to make, you know, 50 K they all invested anywhere from two to seven K to get back, you know, 40 to $80,000 back. So what about they just focused? Oh, I got to get to 25. K. I got to get to 25. K and yeah, some of them had accounts that were bigger than 25 K. But imagine if you were a part of this trade and you didn't have a 25 K account, if all you were focusing on, let me just get to 25 K.
Well, you would have never gotten to 45 kids. You would have never gotten to 65. K. So again, you would have left a lot of money on the table on a trade that was very well calculated. And you would be doing that because of what the roots of this is. Fear. Okay. Yeah. So if you're 25 K same circumstances, the root of you jumping out of good trades is because you're so afraid to go below 25. K.
So what do we, what do we do with this situation? So as the resolved guys, in either case doesn't matter where your account is. In some instances, I think it is actually a blessing for somebody to have a four or five K account, because they're not able to take a ton of day trades because honestly, the number one reason most of the day traders lose money is because they trade every day and they take too many trades.
So stop doing that. If you think I'm speaking to you right now, if you're taking too many trains on a single day, stop, now schedule a 20 minute coaching call. Talk to a coach. Guys. We've helped a ton of guys change the trade in. We're good. Okay. And we can help you. So as a result, okay. If you drink, even by fear, despite a worry account sizes. Okay. The main issue when you driven by you're, you're destined to make stupid emotional mistakes. So the only way to avoid doing this, making these stupid emotional mistakes to address the fear, and here's the, the recipe on how you can address the fear. So there's a recommendations guys. So number one, number one situation, a lot of traders are dealing with. They keep looking at their P and L stop looking at your P and L every five minutes.
Stop. Okay. What? You just close it. Okay. Like if you're on your trade-in screen on your desktop, you can go on that low corner. You can just close your account size. So stop focusing on that. Okay.
Focus on the actual trade. And in order to focus on the actual trade you need, you know, to execute on point number two, which you need to learn to calculate the moves and specifics of your trade. So instead of focusing on the P and L, you need to be focusing on the type of move your trade, and you need to be focusing on the levels of your trade. You need to be focusing on when it makes sense at what timeframe of the day to exit the trade or to add to the trade.
You, you need to focus on managing your tray. Look, especially if you trade in stocks that are highly volatile, which is exactly what you want to trade.
If you're trading directional options, if you're trading weekly options, you want to trade highly volatile stocks. Well, by definition, highly volatile stock. If we're trading a $500 stock, it could go against you with an instance, you know, five, $10 against you. So you're faced with a decision. Do you add, do you sell? Do you get out? You got your loss. Oh. You already got kicked out of your trade because you got that stupid stop-loss in there.
Okay. Guys, if you still trading the high volatility stocks with weekly options, are you putting stop-losses? I guarantee you, you will never ever catch a great trade, like great trade men and 2000% 3000%, because you will instantly get kicked out at the worst possible moment if you're putting a stop-loss. So if you're not sure how to deal with that sort of situation, guys, we can help you with that.
Click the link below and schedule a 20 minute coaching call. Now these are the basics right here. So stop looking at your P and L and focus on the trade, focus on the specifics of the trade. And so if you're new, you probably want to, okay, well, what are the specifics of the trade? So let me break this down a little bit further for you. Okay. So specifics of the trade, number one, start with the move. As you know, there's 13 market moves. Okay. And you have to understand how these moves are developing and by which time of the day, okay, we can eliminate a number of moves. So you can basically, it's a very simple process. If you understand all 13 moves by 10:21 AM, guys, it's a beautiful thing. You can eliminate 10 of the 13 moves by Dan 21:00 AM. So that just leaves you with trading three moves for the rest of the day.
This is how simple this is. Okay. So clearly, if you don't understand, you know, you're, maybe you understand what a move three is or what a move seven is, but you don't really understand how these moves develop intraday. I mean, you're trading like a blind bet. I got you. You think loud is dropping. I just gotta be on a boat. Three I'll starting around. Oh. Okay guys. Get the specifics. Each move has certain behaviors and characteristics. And if you struggle with identifying the timeframes of the day by which some of these moves okay, can be eliminated, and you're trying to trade all 13 without eliminated. Majority of them you're costing yourself money. That's as simple as that. So by eliminating the majority of the moves, you get to focus only on just two or three moves that could still develop through the rest of the day at night.
That makes your game, your trading game so much simpler, so much more precise and accurate. So you, if you're not at that point yet, you've got to click the link below and get, get more information on that. So, number two, you've got to identify the magnitude of the move. Okay. It's is very critical. Every day, guys, the market is gonna move higher or lower, higher, lower. Okay. So I never understand the people that just want to be bullish all the time. As you know, we make ton of money on calls. Women make a lot more money on books. As we just demonstrated with a Roku put trade while the whole world was freaking bullish on the Roku, we were shorting the hell out of it. And that was a 2500% trick. Now identifying the magnitude of the move. So for example, when we got into the Roekel at about four 72, four 62 area and cap add inputs, uh, before the drop to, um, happen, uh, that, that day when were initiated the position, okay.
Roca was, uh, dropping by the end of the day by 30 points. So why would you not take profits there? How do you identify that? It actually made sense to stay with that tray? Well, in this case, it's guys, it's super simple. If you understand the moves, right? If you understand the specifics of the trade 0.1, I just made it's identifying the moves. It's a, it was a very simple sequence guys. It was a two, it was a move to on Monday in Roku, followed by move three on Tuesday, and the market was making an identical move. So it's a two, three sequence. It is the sequence that gets you paid. So if you just learn the moves in your hand for these two slash three sequences, okay, these are going to be your most profitable trades. And clearly, if you don't understand, you know what, a two, what a three, how are they connected?
How often could the sequence could come up, then you've got two guys. You just, it's just lack of understanding and the fear will kill your. So don't let it happen to you. Get the information that you need today. Don't wait another day. So identifying the magnitude of the move every day, the is going to move higher, lower, high, lower your goal as a trader is to identify the intraday, lows and highs. And the only way you can really do that is you got to turn off CNBC, turn of Bloomberg, them. They're not going to help you become a profitable trader. Okay? You need to focus on charts and patterns. It's the charts and patterns and the divergences on some of these charts and patterns that will help you nail the lows and the highs of the day. And in certain instances, the move of the market, the biggest move in the market.
So for example, if the market opens, uh, 20 points higher, and then it reverses an, a drops by 10, 15, 10 30, 80 points, then it's pretty safe to assume that the probability of it dropping another a hundred points for the rest of the day is not going to be very good. So you basically understand that for that particular day, the bigger part of the move is done. It's gone, especially if the move was initiated in the prior day. And it had a continuation such as the two, three sequence. So understanding that is super important for you in identifying and helping you identify these daily intraday high and lows, because certain patterns will literally point to the fact that this is the low of the day, that's it? Okay. You see that first green candle after the market's been dropping and dropping, boom, you know, it's time to scale out of your position, you know, it's time to sell.
So if you watch this student videos on how they were making a killing a Roku, you notice that we nailed the bottom in Roko for a reason, because it was the pattern. It was the chart pattern that specifically told us that the magnitude of the move was finished, it was done. And what role does for the rest of the week? It goes a little bit higher, a little bit lower, a little bit high, a little bit lower, but because the way options, surprise, that's absolutely impossible to make and repeat that 2500% return because you had to get, uh, on the food side when the stock was at four 74 65 area and then cash out the next day at three, uh, three 86, three 88 area. And in order to identify that you needed to know the pattern that was pointing to the bottom in Roco, the following morning.
And so these chart patterns, uh, divergences, okay, understanding these chart patterns is going to help you identify these intraday reversals, uh, because a lot of traders they've recorded this, uh, this trade for you to explain it in their own words. But what they also tell you is when we nailed the bottom in Roku, we also shifted into calls and they alert group. I was sending out, Hey, cash out of Roku, buy Roku calls. And so we actually caught the next move in Roku, right after we cashed out big on the book side, we actually caught a call trade on Rogan, and briefly just jumped like 20, 30 bucks. And it was another highly profitable trade. So chart patterns is what's going to allow you and chart patterns, guys, that highly, highly repetitive. So if you learn to recognize them, if you learn to recognize this patterns, this bottom and patterns, the stopping patterns, guys, it's not just when the whole market decides to go down, or it's not just when the whole market decides to bottom.
Like we pointed out the bottom last year in March, April, while everybody was still highly beers, she was said by calls. And everybody was like, are you nuts? And so we've nailed the bottom guys. And the reason we nailed the bottom is because we understand this chart patterns. They're highly repetitive. What most of the traders don't think about is this chart patterns they happen every day. You can identify in different stock at particular topping pattern on a one day, one minute chart, or a particular bottoming pattern on a, on a per, in a particular stock on a one day, one minute chart. If you understand how these chart patterns look, you're going to be unstoppable. And that's just the bottom line and you're going to be unstoppable because instead of focusing on the money, you're focusing on the mechanics of the trade. You're focusing on the reasons why you got into the tray, what level you're entering, what level you're exiting, what patterns you're watching, what reversal top of setups you're watching in order to get out timely or add to the position.
So that's the kind of stuff you need to be focused in on. And third, as far as the specifics of the trade guys, you've got to master the behavioral conditions. Okay. And certain behavioral conditions they're really tied and ingrained with this 13 market moves because each move represents a certain behavior in the market. Okay. And so the behavioral patterns, uh, the incredibly important, and we can break them down on just four basic categories for you. And so, for example, if, uh, you know, first solar is, is dropping while there's a good probability that solar edge is dropping to S E D G, right? So Y will be because they're in the solar group, they they're within the same group. So they're highly correlated. If one thing drops, the other one is going to drop to maybe not by exact percentage point, but overall correlation is going to be there.
So the behavioral patterns that can be within a certain group, okay. They can be within the market. So certain stocks are highly correlated to a certain index. Some stocks are correlated to what Donald Johns is doing. Some stocks are correlated to NASDAQ, some stocks, highly correlated to S and P. So noticing the shift in behavior, for example, the market maybe was super, super bullish right out of the get go when the market opened. And then it starts fading. Okay. Understanding that it gives you two possibilities. There's going to be a move seven or remove two. And you can literally nail that by 12 o'clock and trade the correct mood. And so, uh, that's where the shift behavior and noticing that shift in behavior could impact you exited the trade earlier that you initially planned or on top, maybe add more to the position. So, uh, watching the key behavioral characteristics within the group of a particular stock that you're trading, watching the behavioral characteristics within the market itself, to which the stock you're trading is highly tied and correlated to.
Speaker 2: (24:49)
And this one is super important. Uh, behavioral changes within the volume. So in certain instances, you know, the volume just dies out. And so if the volume dies out at 11, 12 o'clock, and the market is coinciding with being trained in at the top of the day, and you look at the chart, sharp pattern, and you see a hold on, this resembles a hand and shoulder guys, it pretty much guarantees you. It's a move 11. And if you understand what a move 11 is, you can certainly traded with high accuracy. So painted attention to behavioral changes in the volume. Sometimes in some of the biggest bullish days, the volume is not going to be changed and crazy. It just going to be steady. It just going to be steady, steady, steady. It could be higher than the prior day, but everything, three, five, 10 points, the market moves.
It may be gives back three, four points, and then it keeps moving higher. And it just keeps repeating that through the day. I got guys, that's a move one. Okay. And so the key characteristic of a move one to just really steady. There's no huge dips. There's nothing going on. And so if something basically Ron's as a move one through, you know, two, 3:00 PM. And then all of a sudden you see huge red candle coming in on huge volume that tells you hold on, there is a behavioral shift in the volume going into the close. So what you may want do is you may want to trade as well. What I've shown you in my last trade, in the live video that I posted taking 20 K to 60 K guys, I only traded the last hour of the trading session, just to prove a point that understanding the volume characteristics and understanding what move trading guys within an hour 20 K to 60K.
The truth is if you understand this key behavioral characteristics in the volume, you can do it too. And the most overlooked, the most of the looked aspect of the trade mechanics that you should be paying attention to is developing divergences. So for example, uh, the market keeps going higher, but all of a sudden Vicks is also beginning to move higher. Vic shouldn't be moving higher if the market moves higher. So understanding that a key pivotal TRO trend reversal opportunity is about to present itself and noticing some key divergences is going to help you to be just a step ahead all the market and know exactly what to do with your tray, but see you can't be doing all of this is all you're focused on. Oh, where's my P and L for the day. Oh, Oh. Oh man. I got to get out. Oh, I came to losing this much. Oh. You know, or you can be doing the opposite, which is like, huh.
Yeah. I made a thousand dollars to stop to get out. And then you, like later, you're looking at, you're kind of like, I could have made 30,000. I can't believe I just made a thousand. So you can't be focusing on the money. If you want to be a successful trader, you've got to focus on what makes successful traders, successful traders. And that is focusing on the mechanics of the trade. Guys. If you focus on the mechanics of the trade, the levels, the moves, the key signs of behavioral changes throughout the day. Okay. The money will follow. Just start focusing on the right stock. And with that, I just want to invite you guys to visit 13 market moves.com 13mmtv.com. And guys, yes,
We shortened the hell out of Roku, but you can actually begin to watch our videos on Roker. So if you're set up on a Roku, you know, you can, uh, lay back and relax and, uh, we're going to start posting videos there. I think the channel has been set up. So, um, enjoy watching us on Roku. And, um, guys, if you have any questions or if some of these subjects that I've tried to touch in, in, in this video, uh, briefly, uh, if you want to get an in depth knowledge, if you have any questions about how to progress from here, if you want to face your fears and begin to trade fearlessly, it starts with a 20 minute coaching call, which you can easily do and schedule one. It doesn't cost you a penny. You will get some useful information and you'll be able to use before the market opens tomorrow. So don't wait another day, face your fears, focus on the right stuff. And, and you will change the destiny of your trading account starting tomorrow.
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