Introduction
The speaker introduces themselves and provides a disclaimer that nothing they say is financial advice.
- The speaker thanks the audience for watching their video.
- They provide a disclaimer that nothing they say is financial advice.
- They state that they are not responsible for any wins or losses the audience may experience while trading.
- The speaker clarifies that they are not a licensed financial advisor.
Internal vs External Liquidity
The speaker explains the difference between internal and external liquidity in trading ranges.
- Internal liquidity refers to liquidity within a trading range, such as equal highs within the range.
- External liquidity refers to liquidity outside of the trading range, such as at the external point of the range.
- Smart money sells from a premium, so traders should look for areas of liquidity in a premium to get involved with institutional order flow.
- Price can give entry signals and tell traders when the market is reaching lower, but it's less likely to reach all the way down if there is still internal liquidity remaining.
Probability of Reactions at All Zones
The speaker discusses how probability affects reactions at different zones in trading ranges.
- There is a heightened probability of price reacting once it moves into a premium zone where there is external liquidity.
- Traders should take partials at these zones but expect price to continue moving towards taking all external liquidity before making its true move.
- Shorting every order block and targeting weak lows doesn't work because it's not always likely that price will move all the way down.
Taking Partial Profits
In this section, the speaker advises traders to take partial profits instead of taking full profits. He emphasizes that traders should not assume they are always right and should prepare themselves for being wrong.
Importance of Taking Partials
- Traders should take partials at each area of liquidity along the way.
- This helps to prepare for being wrong since humans can make mistakes.
- The speaker admits to being wrong all the time and encourages traders to do the same.
Extending Targets
- Traders can look to extend their targets fuller or longer when they have cleaned out all of the internal liquidity within the range that they're basing their trade off of.
Reality of Trading
In this section, the speaker talks about how trading involves both winning and losing. He shares his experience from yesterday where he lost but won bigger today.
Winning and Losing in Trading
- Trading involves both winning and losing.
- Yesterday, the speaker lost but won bigger today.
- Traders should always prepare themselves for being wrong.
Accessing Private Discord
In this section, the speaker invites viewers to access his private Discord using a code "Casper" in all caps to start a free trial. He also mentions that he provides trade signals and teaches private classes on trading.
Accessing Private Discord
- Viewers can access the private Discord using a code "Casper" in all caps to start a free trial.
- The private Discord provides access to one of the best trading communities out there.
- The speaker provides trade signals and teaches private classes on trading through his private Discord.
Conclusion
In this section, the speaker thanks viewers for watching his content and invites them to reach out to him on any of his social media platforms if they have any questions.
Thanking Viewers
- The speaker thanks viewers for taking the time to watch his content.
- He appreciates their support and encourages them to reach out to him on any of his social media platforms if they have any questions.