CRT secrets ep.1: One CRT model for life

Welcome to CRT Secrets

Introduction to the Mentorship

• The session is introduced as "CRT Secrets," a free mentorship program for 2025, emphasizing that participants only need to invest their time and focus.

• Returning students are encouraged to seek continuous improvement, while new students are urged to unlearn previous trading concepts and models.

Unlearning Previous Concepts

• Participants are advised to clear their minds of various trading models and terminologies such as ICT models, SMC terms, Elliott waves, and others deemed unnecessary.

• The speaker asserts that these traditional concepts are "nonsense" and encourages entering the series with a fresh perspective.

Understanding CRT

Origin of CRT

• The speaker discusses the rise in popularity of CRT (Chart Reading Techniques), noting that attention often attracts opportunists who misrepresent its origins.

• Claims about CRT's origin from other popular trading strategies or patterns are dismissed as misinformation; CRT is presented as an entire system created by the speaker.

Personal Journey

• The speaker shares personal experiences of extensive research in trading literature and systems, highlighting struggles with losses while seeking effective methods.

• A quest for a straightforward trading system led to the development of CRT and Turtle Soup, which encompasses more than just one pattern or model.

Clarifying Misconceptions

Defining CRT

• It is emphasized that CRT should not be reduced to a single model or pattern; it represents a comprehensive approach to understanding charts.

• Individuals claiming credit for creating or influencing CRT are labeled either ignorant or deceitful; this serves as a filter for identifying genuine sources in the field.

Historical Context

• The speaker stresses that prior to their social media presence, discussions around specific candle patterns were virtually nonexistent among traders.

• A call for verification is made regarding claims about past knowledge on trading techniques before the introduction of CRT into public discourse.

Moving Forward: Model Number One

Introduction to Model Number One

Trading Strategies: Understanding High-Risk, High-Reward Models

Overview of Trading Model

• The discussed trading model is characterized as a high-risk, high-reward strategy that involves targeting previous highs and lows in the market.

• A bearish model is introduced where traders "stab" into an old high with a thick up-close candle, using it as a trigger for short positions.

Common Mistakes Among Traders

• The speaker observes that many students fail to select appropriate thick up-close or down-close candles for their trades.

• A common error is taking random trades without proper analysis, leading to losses and misplaced blame on the trading system.

Confidence in Trading System

• The speaker asserts that the trading system (CRT and Turtle Soup) is highly refined and unlikely to be surpassed by any future systems.

• Emphasizes that this confidence stems from the system's foundation in market maker strategies.

Market Dynamics and Trading Psychology

• Clarifies that banks and institutions are not necessarily "smart money"; rather, they operate under market maker principles.

• As long as there are identifiable highs and lows on charts, the discussed trading models will remain effective.

Importance of Selectivity in Trades

• Traders are encouraged to be selective about their setups; successful trades often present themselves naturally rather than being forced.

• Illustrates how bullish and bearish models function based on closing prices relative to previous highs or lows.

Multi-Time Frame Analysis

• Introduces the concept of analyzing multiple time frames (monthly, weekly, daily, hourly), enhancing trade probability when combined effectively.

• Stresses mastering higher time frames before attempting lower ones for better understanding of market movements.

Understanding Market Maker Behavior

Understanding Trading Strategies

Key Concepts of Candle Analysis

• The focus is on a specific candle rather than a zone or multiple candles, emphasizing the importance of individual candle analysis in trading.

• Entry triggers are defined by waiting for a close above this specific candle, with clear guidelines for stop-loss and target placements.

• The simplicity of the entry process is highlighted, aiming to avoid overwhelming learners with excessive information while maintaining clarity on risk-to-reward ratios.

Model Number One Explained

• For bearish model number one, traders should look for a thick up-close candle that stabs into an old high, using it as an entry point when closed below.

• The combination of a specific candle and Fair Value Gap (FVG) increases the probability of successful trades; thus, identifying these setups becomes crucial over time.

Importance of Selectivity in Trading

• Traders are encouraged to be selective about their trades instead of taking every setup available; focusing on high-quality trades can significantly improve performance.

• Emphasizing quality over quantity in trading practices leads to better long-term results and consistency in performance.

Time Theory in Trading

• Time is deemed more critical than price; if the timing aligns correctly with patterns, success is more likely. Conversely, poor timing can lead to failures regardless of price action.

• Basic concepts include understanding weekly highs and lows formed at specific times during the week—Monday through Friday—and how they influence market behavior.

Recognizing Market Manipulation

• A common tactic involves creating fake highs early in the week to mislead traders before establishing real highs later; recognizing this pattern is essential for effective trading strategies.

• Understanding that market makers may intentionally create misleading signals helps traders navigate potential traps set by market dynamics effectively.

Final Thoughts on Trading Discipline

• Successful traders take responsibility for their losses rather than blaming external systems; self-reflection is key to improving trading skills and outcomes.

The Importance of Patience in Trading

Taking Your Time in the Market

• Emphasizes the importance of not rushing into trading; advises traders to take their time and avoid feeling pressured to make quick profits.

• Reassures that the markets will remain available for many years, encouraging a long-term perspective on trading.

• Suggests that investing time in learning properly will yield greater benefits in the future, highlighting patience as a key virtue.

Learning Through Repetition

• References Abraham Lincoln's quote about preparation: spending time sharpening an axe before chopping down a tree symbolizes the value of thorough preparation.

• Encourages viewers to watch educational content multiple times, noting that each viewing reveals new insights and reinforces learning.