El Gran Live | BOOTCAMP 3.O

Introduction and Session Overview

Welcome and Confirmation of Audio

• The speaker requests confirmation from the audience regarding audio clarity, asking for a "1" in the chat if they can hear well.

Significance of the Day

• The speaker emphasizes that today marks the end of an intensive session but also the beginning of something significant, expressing excitement about the upcoming session.

Participation Incentives

• Attendees are informed that by being present, they will have a chance to win funded accounts as part of a giveaway during the session. Approximately 20 winners have already been announced throughout the intensive.

Objectives for Today's Session

Recap and Key Focus Areas

• The main goal is to consolidate what has been learned over the week, focusing on understanding market movements and operational strategies. A recap will cover direction, liquidity, confirmations, and execution.

Interactive Execution Choices

• Participants will have a say in determining what type of execution they want to explore during today's session, highlighting an interactive element where audience input is valued.

Trading Insights and Market Understanding

Real Examples Over Theory

• The speaker stresses that while theoretical examples are useful, practical application in front of charts is crucial for understanding trading dynamics effectively. They aim to provide real-world examples throughout their teaching.

Importance of Confirmations

• Emphasizes that confirmations are not effective without prior knowledge on how to utilize them properly; understanding prerequisites before reaching confirmation is essential for successful trading execution.

Engagement and Future Opportunities

Continued Participation Encouraged

• Attendees are encouraged to stay until the end for more chances at winning funded accounts; participation is linked with potential rewards which adds motivation to engage fully with the content presented today.

Addressing Common Trading Pitfalls

• The speaker warns against complacency in trading knowledge; believing one knows everything without achieving results can lead traders into unproductive cycles—highlighting continuous learning as vital for success in trading endeavors.

Understanding Trading: Key Insights and Structure

The Importance of Structure in Trading

• Recognizing the danger of thinking one knows everything while failing to achieve results; emphasizes the need for a structured approach.

• Highlights that structure is crucial in trading, akin to systems used in various businesses, ensuring a methodical process.

• Discusses how having a clear system (steps 1 through 4) transforms trading into a professional business rather than random acts.

• Aims to provide guidance on establishing this structure to make sense of trading practices.

Is Trading for Everyone?

• Candidly states that trading is not suitable for everyone; some individuals may not have the right mindset or willingness.

• Identifies key traits that indicate trading might not be for someone, such as seeking instant results or magical signals without effort.

• Warns against the misconception that quick money can be made in trading; those who seek it often lose their investments quickly.

Accepting Losses and Sacrifices

• Emphasizes that accepting losses is part of the trading journey; understanding this is essential for success.

• Explains how losses are integrated into overall strategy, where winning trades can offset losing ones within a systematic approach.

• Stresses the importance of being willing to sacrifice and endure challenges before achieving exponential growth in trading.

Characteristics of Successful Traders

• Notes that those who do not fit common negative traits (seeking quick money, unwillingness to lose or sacrifice) belong to a minority with higher chances of success.

• Encourages aspiring traders who lack these negative traits, suggesting they are more likely to thrive in the field.

Decision-Making in Trading

• Highlights that successful traders rely on objective decision-making rather than emotional responses when analyzing trades.

• Advocates for sticking to established systems and models instead of improvising based on emotions during market fluctuations.

Trading Strategies and Personal Transformation

Importance of a Detailed Strategy

• The speaker emphasizes the necessity of having a detailed strategy in trading, stating that execution is key to success.

• They relate their personal weight loss journey to trading, highlighting the importance of commitment to a system for achieving physical change.

Emotional Risk Management

• The concept of "asymmetrical emotional risk management" is introduced, where emotional responses can hinder decision-making in trading.

• The speaker shares their experience with emotional challenges when trades do not go as planned, stressing that often the issue lies within the trader rather than the system itself.

Key Trading Principles

• Understanding when not to trade is highlighted as crucial; knowing when to step back can be just as important as making trades.

• The speaker encourages traders to recognize and manage their emotions during trades, which can lead to better outcomes.

Setting Clear Objectives

• A clear distinction between advancing or stagnating in trading is made based on having defined goals and determination.

• Determination and clarity in objectives are presented as vital components for success in trading.

Practical Application Over Theory

• The focus shifts towards practical examples rather than theoretical concepts, aiming for real-world application of strategies discussed.

• The speaker expresses a desire for participants to learn through live examples rather than abstract theories, emphasizing hands-on learning.

Market Analysis Insights

• An analysis of recent market movements indicates slow price action over the past week, with previous projections being discussed.

• The importance of adapting strategies based on current market conditions is reiterated, showcasing how theory may not always align with reality.

Recap of Weekly Projections and Trading Concepts

Overview of Weekly Projections

• The speaker discusses the importance of weekly projections, indicating that they are based on previous trends and are shared primarily with students during live sessions.

• Emphasizes that the current week's projections continue from last week, highlighting a slower market due to external factors like government closures.

Key Blocks in Trading

• The recap is structured into three main blocks: direction, liquidity, and execution. Each block plays a crucial role in understanding trading strategies.

• The direction block is highlighted as the most critical for beginners, with a high win rate observed in weekly projections (approximately 70-80%).

Emotional Aspects of Trading

• Discusses how emotions can complicate trading decisions; even with a 50% chance of winning by random buying or selling, emotional management is essential.

• Introduces fractality as a key concept for predicting market movements, emphasizing its role in understanding market signals.

Understanding Market Structure

• Explains the ideal market structure: higher highs and higher lows. This foundational knowledge aids traders in anticipating price directions.

• Defines operational ranges by identifying significant highs and lows to determine potential price movements.

Practical Application of Concepts

• Reinforces that prices will remain bullish until proven otherwise; this principle applies similarly to bearish trends.

• Highlights the importance of recognizing operational ranges to predict price targets effectively.

Utilizing Fibonacci for Filtering Trades

• Suggests using Fibonacci levels as a filtering tool for beginners while noting that experienced traders may rely on intuition developed over time.

Fibonacci and Trading Strategies

Introduction to Fibonacci in Trading

• The speaker recommends using Fibonacci for beginners, emphasizing its utility in identifying key price zones rather than just providing entry points.

• It is clarified that Fibonacci should not be viewed as a direct entry point; instead, it serves as a filtering tool for potential trades.

Understanding Price Zones

• The focus is on entering trades primarily within specific zones, particularly below the "Golden Zone" for bullish positions and above it for bearish ones.

• The importance of recognizing market direction through fractals is highlighted, indicating that understanding these concepts is crucial for effective trading.

Operational Ranges and Market Direction

• The speaker discusses operational ranges defined by high and low prices, which help traders identify market trends.

• A recap of previous sessions aims to reinforce understanding of operational ranges and their significance in executing trades effectively.

Practical Application of Fibonacci

• Traders are encouraged to mark their operational ranges based on highs and lows to better understand market movements.

• Using visual estimation alongside Fibonacci can aid in identifying discount phases even without extensive experience.

Timeframes in Trading

• Key timeframes emphasized are 1 hour and 4 hours, which are essential for swing trading strategies.

• These timeframes also provide context for day trading and scalping, underscoring the need for directional clarity regardless of the trading style.

Recap of Key Concepts

• The session stresses the importance of weekly projections in analyzing market behavior over time.

• Repetition of models is noted as a fundamental aspect of successful trading; recognizing patterns leads to consistent results.

Overview of Liquidity Concepts

Introduction to the Session

• The session aims to provide a brief summary for those who may have missed the first session, focusing on key concepts related to liquidity.

• Emphasis is placed on the importance of understanding liquidity before moving on to execution strategies that participants will decide upon.

Importance of Staying Until the End

• Participants are encouraged to stay until the end for a chance to win funded accounts, highlighting engagement incentives.

Understanding Liquidity

Definition and Significance

• Liquidity is described as "the theory of everything" in trading; it fundamentally drives price movements in markets.

• A liquid market has ample capital and orders, while an illiquid market lacks sufficient capital, affecting trade execution.

Personal Experience with Liquidity

• The speaker shares personal experiences from 2019 regarding trading tokens in an illiquid market, illustrating challenges faced when executing trades.

Mechanics of Price Movement

Identifying Points of Liquidity

• The discussion focuses on how traders identify potential points of liquidity based on candle information and price behavior.

• Key zones where price tends to move strongly after manipulation are identified as critical areas for traders' entries or exits.

Operational Ranges and Manipulation Patterns

• Traders utilize operational ranges (high/low over 1 hour and 4 hours), which help in identifying internal and external liquidity structures.

• Price often manipulates these zones before making significant moves, indicating patterns that can be leveraged by informed traders.

Practical Application of Liquidity Concepts

Entry Strategies Based on Market Behavior

• Successful entries often align with manipulated zones where price action indicates potential reversals or continuations.

Tools for Analysis

• Previous daily highs/lows serve as important reference points where prices tend to gravitate towards before reversing direction.

Conclusion: Key Takeaways about Trading Dynamics

Summary of Important Points

• Understanding liquidity dynamics is crucial for effective trading strategies; recognizing high/low points helps predict future movements.

• Additional tools like trendlines and equal highs are also mentioned as relevant factors influencing trading decisions.

Understanding Price Patterns and Liquidity

Key Concepts of Price Movement

• The discussion begins with the concept of "equal lows," which refers to price zones where the market creates double bottoms or tops, indicating potential reversal points.

• Trendlines are introduced as a method for identifying these price patterns. They represent consecutive lows that can signal future price movements.

• Liquidity is emphasized as being present across various timeframes; lower timeframes reveal more liquidity points compared to higher ones.

• The speaker explains how to utilize identified trendlines and liquidity zones as target areas for trades, particularly when they align with bullish or bearish fractals.

• Equal lows serve as clear objective zones in trading strategies, especially when combined with other indicators like fractals.

Analyzing Market Manipulation

• The importance of recognizing manipulated highs is discussed; these can indicate potential selling opportunities rather than bullish trends.

• A specific example illustrates how a manipulated high can trigger sell signals, emphasizing the need for confirmation before entering trades.

• The speaker notes that many successful trades stem from identifying such manipulations and seeking confirmations for entry points.

Practical Application: USD/CHF Setup

• A case study on the USD/CHF currency pair is presented, showcasing how previous setups were shared within a community context over several weeks.

• The speaker highlights that this model was developed live during sessions, reinforcing its practical application rather than theoretical examples.

• Emphasis is placed on real-time projections made within a trading group, demonstrating the iterative nature of developing trading strategies based on market behavior.

• The speaker reflects on past performance and consistency in predicting market movements based on established models and community feedback.

Conclusion: Importance of Liquidity Models

• Overall, understanding liquidity dynamics plays a crucial role in determining market direction and making informed trading decisions.

• Successful traders leverage insights from liquidity manipulation to project future price actions effectively.

Understanding Trading Strategies and Liquidity

Key Insights on Trading Approaches

• The speaker emphasizes the importance of avoiding impulsive buying and selling at highs or lows, advocating for a more strategic approach to identify manipulation points in trading.

• A distinction is made between selling at highs versus lows during a bearish trend, highlighting that selling at highs can yield significant movement compared to selling at lows.

• The speaker stresses the necessity of understanding market direction, setup, liquidity zones, and execution order to enhance trading effectiveness.

Transparency in Trading Education

• The speaker shares personal experiences with scams in trading education, reinforcing their commitment to transparency by openly sharing resources and group access with students.

• A private group for bootcamp participants is introduced as a platform for sharing weekly projections and operational strategies, emphasizing community support in learning.

Commitment to Student Success

• The speaker reports a successful track record within the bootcamp program, noting multiple students achieving funding milestones recently.

• Participants are invited to choose specific trading examples (London, New York, or Swing), fostering engagement and tailoring discussions based on student interest.

Focus on Serious Traders

• The speaker clarifies that access to the bootcamp will not be randomly given away; only committed individuals will be accepted into the program aimed at developing profitable traders.

• Recent successes are highlighted with several students being funded within just one week, showcasing the effectiveness of the training provided.

Open Access and Community Building

• The speaker expresses confidence in opening up their private group for scrutiny as they have nothing to hide; this openness aims to build trust among potential students.

• A call-to-action is made for participants interested in New York trading strategies as part of an interactive learning experience.

Trading Strategies and Insights from New York and London Sessions

Overview of Trading Operations

• The speaker discusses trading operations in London, highlighting the systematic approach to trading that can be observed repeatedly.

• A specific trade example from New York is presented, emphasizing the importance of setup and timing in executing trades effectively.

Consistency in Trading Models

• The speaker stresses the significance of applying a consistent trading model, noting that successful entries are not coincidental but rather based on a well-understood system.

• An example is given where a trade was executed with clear stop-loss strategies, reinforcing that part of trading involves managing risks effectively.

Community Engagement and Learning

• The speaker opens up a private group for community members, expressing a desire to share knowledge and insights that are not commonly available elsewhere.

• Emphasizing transparency, the speaker invites participants to analyze weekly trades together as a learning opportunity.

Weekly Planning and Trade Execution

• The process of planning weekly trades is outlined, including sharing potential trade setups with community members for collaborative execution.

• Specific examples of planned trades (e.g., USD/CHF and CAD/CHF) are discussed, showcasing how external factors like oil prices influence trading decisions.

Importance of Analysis in Trading Success

• The speaker highlights the critical role of thorough analysis before entering trades, particularly focusing on market conditions affecting commodities like oil.

• A detailed explanation is provided on how public projections guide private discussions within the community about potential trade directions.

Recap of Successful Trades

• A recap of successful trades during the New York session illustrates how following a structured plan leads to profitable outcomes.

• The importance of real-time engagement during live sessions is emphasized as essential for understanding market dynamics.

Trading Strategy Overview

Weekly Trading Setup

• The session discusses a trading example from October 16, focusing on recreating the entire week to illustrate the process.

• At the beginning of the week, the speaker identifies market direction and projects sales based on fundamental analysis, specifically for USD/CHF.

• The initial trade is communicated to participants in a bootcamp, emphasizing a focus on selling opportunities as part of their strategy.

Risk-Reward Ratio (RR)

• A critical point made is about aiming for a risk-reward ratio of 2:1; this is emphasized as essential knowledge for bootcamp participants.

• The speaker explains that increasing RR can reduce winning trades; thus, maintaining a balanced approach is crucial for consistent success.

Execution Process

• On October 16, during live trading, the speaker highlights how they execute trades based on established price direction and objectives.

• The execution phase involves identifying price manipulation at lows despite potential market fluctuations.

Analyzing Market Sessions

• The discussion includes using session indicators to identify significant highs and lows relevant to their trading model.

• Emphasis is placed on recognizing manipulation patterns within these zones to inform entry points into trades.

Timeframe Considerations

• Initially working with an hourly timeframe allows clarity before switching to lower timeframes for precise entries once conditions are confirmed.

• It’s important not to misinterpret signals when transitioning between timeframes; understanding market context remains vital.

Trade Confirmation and Strategy Consistency

• Participants are encouraged to wait for confirmation models before executing trades; consistency in strategy application is key.

• Acknowledgment of emotional challenges in trading decisions emphasizes preferring smaller but more frequent wins over high-risk strategies.

Liquidity Focus

• Trades are directed towards liquidity points identified as lows; this strategic focus aims at maximizing potential gains while managing risks effectively.

Trading Strategies and Success Stories

Understanding Trading Models

• The speaker emphasizes the importance of a trading model, stating that while price may indicate direction, it doesn't always guarantee success.

• A recent live trading session demonstrated a bearish trend in the market, reinforcing the need for clear directional strategies.

• The latest live operation involved USD/CHF, showcasing effective execution of trades based on established models.

Execution and Methodology

• The speaker highlights that successful trading is not overly complicated; having a clear system can lead to impressive results.

• Emphasis is placed on both methodology and application context, indicating that support and community interaction are crucial for traders' success.

Community Support and Real Results

• The importance of community support is reiterated as a key factor in achieving trading success; personal interactions enhance learning experiences.

• A notable example shared involves Victor, a 22-year-old trader who achieved significant monthly earnings through the bootcamp program.

Showcasing Success Stories

• Victor's story serves as motivation; he transitioned from having no knowledge to successfully withdrawing substantial amounts from his trading account.

• The speaker acknowledges that while Victor's case is exceptional, it reflects real outcomes from the academy's training approach.

Bootcamp Insights and Future Plans

• Recent successes include seven individuals being funded within one week, highlighting an effective system behind their achievements.

• Announcing Bootcamp 3.0 with enhanced strategies aimed at delivering tangible results for participants; excitement about improvements is evident.

• The focus of Bootcamp 3.0 will be on comprehensive training from backtesting to live operations to ensure participants achieve real-world results.

Understanding the Strategy in Bootcamp 2.0

Overview of the Strategy

• The strategy is designed to help participants grasp key concepts, focusing on its application in London and New York markets.

• Participants will learn about two main approaches: one focused on personal capital and another on funded accounts, which has been developed over months.

Importance of Account Architecture

• A critical aspect of profitability for Bootcamp 2.0 participants is understanding account architecture, which has taken significant effort to develop.

• The training includes advanced strategies for managing different types of accounts, emphasizing the importance of a well-structured approach.

Community Engagement

• The private community aspect allows participants to see real-time operations and support from fellow members, enhancing learning through shared experiences.

• Real success stories from community members illustrate the effectiveness of the program and foster motivation among participants.

Advanced Tools and Ecosystem Development

• Beyond indicators, a comprehensive platform is being created as part of an ecosystem that supports trading strategies tailored for Bootcamp attendees.

• Exclusive indicators have been developed specifically for bootcamp members to enhance their trading capabilities.

Value Proposition and Accessibility

• Participants are encouraged to consider how much they would invest in achieving consistent profitability in trading.

• The program offers accessible pricing options (starting at €789), making it feasible for more individuals to join while ensuring commitment leads to profitability.

Incentives for Early Enrollment

• The first three enrollees will receive funded accounts ($100k, $50k, $25k), providing immediate opportunities for practical application.

• Support during initial funding processes is guaranteed, with a focus on helping new members succeed right from their entry into the program.

Introduction to Bootcamp and Funding

Overview of the Bootcamp Structure

• The session began with an introduction, highlighting that Alexito is present to support participants. Adjustments were made in operations, leading to live funding for all participants within two weeks.

• Access to the program is generally lifetime, except for Algoris, which has a 12-month limit. Participants can enter with a one-time payment or through installments.

Payment Options and Access

• Participants who join via installment plans gain immediate access to resources; they do not have to wait until full payment is completed.

• Those entering on installment plans will receive access from the first payment, ensuring they can start utilizing resources right away.

Investment Insights

• The cost for entry via installments is set at three payments of €289 each. This structure allows participants lifetime access after completing their payments.

• Emphasis was placed on viewing this investment as essential for those serious about trading and passing funding accounts effectively.

Benefits of Joining the Bootcamp

Key Features Offered

• The bootcamp includes institutional strategies, premium indicators, weekly operational sessions, personalized support, theoretical sessions, and private community access.

• Participants will also have access to live sessions which are deemed crucial for effective learning and application of strategies.

Exclusive Opportunities

• Early entrants into the program will be granted larger account sizes (e.g., $100K, $50K), enhancing their trading potential from the outset.

• The investment required is positioned as a gateway to professional trading opportunities that are otherwise unavailable in Spain at lower price points.

Payment Management and Community Engagement

Managing Payments

• Participants can manage their installment payments directly through the website; immediate access follows after the first payment.

Community Interaction

• A demonstration was planned showcasing new features of Algoris' platform where users can connect multiple accounts seamlessly.

Platform Demonstration

New Features Introduction

• A sneak peek into Algoris’ new platform was provided; it promises enhanced connectivity for user accounts and improved functionality tailored for bootcamp members.

Account Performance Insights

• Discussion included personal performance metrics from previous trades using specific strategies aimed at capital growth.

Introduction to the Trading Platform

Overview of Features

• The platform allows users to connect their accounts, automating trades and providing comprehensive analysis. Currently in beta, it is set to launch in approximately three weeks for bootcamp students.

• The service typically costs €50 per month, which when multiplied by 12 months highlights significant savings for bootcamp participants who have access included in their program.

Backtesting Capabilities

• Users will have access to a backtesting platform that enables them to test various trading strategies across different market sessions (e.g., London, New York).

• The goal is to create a community of truly profitable traders through this ecosystem, emphasizing the importance of backtesting as part of the training process.

Access and Enrollment Details

Enrollment Process

• Participants entering on payment plans will not receive one-on-one calls; emphasis is placed on ensuring all members have some funding upon entry.

• New enrollees will receive an email with access details for the platform shortly after signing up.

Platform Demonstration

• A live demonstration of the platform's features is offered, aiming to build trust and transparency among new users about how it operates.

Platform Features and Educational Content

Dashboard and Resources

• The main dashboard includes a calendar for live operations and a trading hub featuring various educational resources such as welcome materials, trader setup guides, price direction insights, entry models (London, New York), advanced risk management techniques, and psychological aspects of trading.

Investment Strategies

• Emphasis on capital management strategies like account architecture is highlighted as crucial for profitability. Proper application can lead to significant financial gains if done correctly.

Future Developments in Trading Education

Futures Trading Insights

• Discussion around futures trading indicates that while currently limited experience exists (one month), there are plans to develop dedicated content based on successful practices observed so far.

• The speaker expresses confidence that skills from other trading areas translate well into futures trading; thus future sections will be added once more data is gathered from ongoing experiences.

Trading Insights and Strategies

Overview of Current Trading Activities

• The speaker discusses their current trading focus on NASDAQ and gold, with a particular emphasis on futures trading in New York.

• They mention recent withdrawals from FTMO and Funding Pips, indicating a successful week in futures trading.

• The speaker emphasizes the importance of combining personal capital with funded accounts to create a robust trading strategy.

Building a Solid Trading Foundation

• A solid foundation is crucial for traders; once established, one can transition into futures trading effectively.

• The speaker shares personal earnings from small accounts, suggesting that consistent withdrawals are possible with the right approach.

Bootcamp and Training Opportunities

• There is an ongoing bootcamp opportunity where participants are encouraged to engage seriously for profitability.

• The speaker reflects on their journey, comparing it to following a strict diet plan for success in both fitness and trading.

Entry Strategies and Support

• Participants entering through partial payments will also receive access to funded accounts, enhancing their trading capabilities.

• Queries about account access are addressed; support is available for those experiencing issues with account setup or email notifications.

Additional Resources and Tools

• Information regarding access to indicators and platforms like Algoris is provided, highlighting their effectiveness in crypto trading.