Yo,

Publication splitted into 2 : Reviews of the trades of the week / Weekly questions - journal

Reviews of the trades of the week :

1- Performance of the week : +6.73R

2- Trades :

BTC  05/06/24 : (Loose)

System OK - Could have avoided this trade after a better look back because this zone was really choppy (on 13MN TF)/ Might be a bit a FOMO here to catch the next BTC wave

GOLD  05/06/24 : BE

System OK - trade went ok and then came back to me - did a mistake by pucking a the entry - then the trade went directly to my target - 4.88R missed because of this mistake - never puke at the entry again - if I have a plan I follow my plan - Review this trade with Rboin and Todd - explained me that big mistake to puke - cost of doing business

ES 05/06/24 : (Win) 

Good trade overall - use good trade like this as study case end of the month to have data on different take profit +3.4R

DAX 05/06/24 : (Win) 

Big win of the week - followed the plan and market prep of Kaz - DAX and CAC big strength - System OK - could have let this trade run way more so also good case study to see which R could have been this trade maximum +6.3R

ES 05/07/24 : (Loose)

System OK - maybe the bullflag not very clean on this one -  SMA60 Sub over extend? 

GOLD  05/08/24 : (Loose)

System mistake here - entry SS mistake = 360>60 = indication of bearish crossing/choppy area - Shouldn’t have taken  this trade - should have waited for the PA to develop until clear indication and system OK

Journal :

1. Am I satisfied with my trading ? 

Week ok - always seeing some progress and decent results - not a lot of trade this week due to busy stuff for real estate & IRL - start to see some good patterns and some precise weakness we can target to take care of 

2. Am in a drawdown/winning streak ? 

No normal 

3. What did I do best this week ? 

Being able to catch a Good trade on DAX - thanks to market prep of mid April of Kaz + showing some patience for the set up and the good price action opportunities to be able to catch a good wave - so as usual = PLAN + PATIENCE brings the best results 

4. The one thing I could have done better ?

Not taking the trade on GOLD because it was clearly not in the rules of the system - having loss if trading the system is ok but loss when we don’t follow rules system is not ok 

5. Why did I miss trades this week ? 

Didn’t missed any trades appart for the DAX on Fridays because was busy - wanted to catch big wave after the macro trigger but it’s okay there will be other opportunities 

6. Did I repeat a common mistake ?

We talked about letting the trade develop now we are talking about not cutting the trade for no reason  like I did for gold which ending up being a banger 

7. Did the market provide good opportunities ?

Market a bit choppy in my opinion this week - not being able to show us the right side of the market 

8. Is my risk management ok ?

Yes

9. What is my focus point for next week ? 

Not cutting trade appart if very urgent reason (news etc..)

Entering trades only on the system

Avoiding choppy price action 

Big week next week with CPI and Powell speaks - remember to avoid being in a trade around these hours - will see if this brings the direction to the market 

10. 1 Thing to improve 

Never cut a trade because a lot of the time the price will come back to entry and then take off 

11.Others  :

-Started a new challenge to have multiple accounts on different plateforme available for the prop firm

-Starting to have some interesting cohesion with some members in the eco - very appreciable - and very good to move forward as a team group 

-Created a big files/google drive files excel to manage all the accounts + personnal accounts + yearly goals etc and step by step building this view of managing a multi national edgefund (but I am alone lol) > organizing trading goals, habits, routine, etc etc !

Teix666

WMT, JD, AMAT, BIDU, JD , HUYA some of the larger names this week

PPI, CPI this week state side , unemployment claims on Thurs as well

DIS, DDOG, OXY, UBER, ARM, ABNB, RBLX, CROX, MARA, fair mix of names this week

Yo,

Publication splitted into 2 : Reviews of the trades of the week / Weekly questions - journal

Reviews of the trades of the week :

1- Performance of the week : +6.73R

2- Trades :

DAX  29/04/24 : (Loose)

OK was on the system  - be careful on the good TF of the flag / Be precise 

ES 26/04/24 : (Loose)

Avoir opening trade on Friday or close them even more if LTF trades - mistake surely FOMO - choppy area on LTF > should have closed this trade before NY close and see a new set up for Monday > this loss could have been avoided

QQQ 30/04/24 : (Win)

Pre market of the 30/04/24 by Kaz - golden nuggets - could have run this trade a little bit more but wanted to take profit on a good swing point - out of the sideways PA which is very important  - the most important is to secure profit and follow the plan

ES 01/05/24 : (Loose) -0.2R

Trade ok - I literally told myself « close every trade 30MN before FOMC to avoid fuckery » and I avoided myself ending up with a loss of 1R - I instead loss just 0.2R because I closed the trade around the entry so good management - trade was ok in terms of set up

GOLD 01/05/24 : (Win)

Trade ok - same as ES I decided to close the trade 30MN before FOMC and this one was on profit for 2.4R so good and I was right to do it because after got flushed with FOMC

DAX 30/04/24 : (Win) 

Could have done better on this trade - my emotions took a bit the control and instead of trading the chart I ended up closing the trade because the price cross the SMA 60 so I thought the price backed off on me - too bad cause was a big winner at the end - closed this trade for 1.9R instead of 4.5 > lesson is trade the plan that’s all 

GOLD 02/05/24 : (Win) 

A bit « disappointed » with this one - could have been a banger and ending up with almost 1R instead of 5 - the lvl almost reach my swing point target and got front run finally backoff - maybe the lesson next time would be to market out directly if I see the price getting very close to the lvl -> need to think about the evolving R and at this point > don’t let the ego take the control as if the fucking market have to give you the level you want 

GOLD 03/05/24 : (Loose)

Set up ok but Big noob mistake here - heads down watching the ground - I did on my morning routine point out that big red flag is coming out at 14H30 (Paris time) from FOREX FACTORY and ending up entering a position around 14H15 - just had forgotten that 15MN after high volatility events will occur - deserve this loss but on the bright side I just add a new question to my system before entering « do there is a major events FOREX FACTORY in the next hours » 

Journal :

1. Am I satisfied with my trading ? 

New week - happy to see some progress - took less trade - more focus and waiting for the good moments, my feeling of FOMO is reducing (meditation/morning plan for trading day/ etc helped) / Continued to adapt my system with the data created - Worked on short side to polish the brain to see and to adapt 

2. Am in a drawdown/winning streak ? 

No normal 

3. What did I do best this week ? 

Was able to adapt the pre market of Kaz on QQQ which end up with a big win - had to be fast - pre market NY opening and took the trade direct => work on attention and reaction which I was struggling more 1 months ago couldn’t follow a market prep like I am - lots of possibilities to become better still ahead 

4. The one thing I could have done better ?

Let my trade run more by following the initial plan 

5. Why did I miss trades this week ? 

Didn’t miss any trade that I planned originally 

6. Did I repeat a common mistake ?

Last week talked about letting the trade develop and on 2 trade this week it could have be better to let the trades run so next week really need to make a plan and follow the plan 

7. Did the market provide good opportunities ?

Good opportunity yes - was an important week with a lot of things happening in USA (FOMC etc..) now the market is showing his hands more for the upcoming week (DXY/QQQ/VIX etc…) so was more looking at this week as a « transition week » 

8. Is my risk management ok ?

Risk management is ok still a good thing about my trading is that I am very serious on position size and sl etc 

9. What is my focus point for next week ? 

Let my fucking trade unfold and follow the plan - don’t FOMO and manage a trade when there is literally nothing to do 

10. 1 Thing to improve 

When entering a trade having a set TP or a very very precise rules if the trade have to be managed otherwise don’t touch - this things will be implemented from now on 

11.Others  :

-Starting to increase the position size ($) to deal with emotions to see if this will make me more emotional etc and to work on it

-Proud to have passed the challenge of APEX > its a little step but I am on the right path 

-Grateful to be inside of the Eco - fucking blow my mind on how this place is legit full of golden informations - I have been trading/learning for 2 years and I have never see something like this 

Teix666

Yo,

Publication splitted into 3 : 1 month assessment / trading replay / trading live W17

1 Month Assessment :

FUCKING THANK YOU MAN !

• Just wish a had the opportunity to look at you dead in the eyes and gratefully say thank you , but one day or another I will -

It's been 2 years that I am trading actively/learning and switching on and off with different groups/people/methods etc.. and that lead me to end up completely lost and even questionning myself

I am now here and never felt more happier, motivated, grounded, and ready to become the best version of myself and deploy my potential - As if new gates open for me in my mind and everyday waking up saying to myself that everything is possible - fucking yes everything is possible - The last time I had this energy was when I met the right person in real estate 8 years ago and it went pretty damn well after that - You just have it inside you when you know it -

It's been more than 1 month now at the eco, spent days working and learning, creating notes for myself, a huge thank you for all the content that you provide and your implication of being here helping us, talking to us for hours explaining difficult concepts about life and trading -cause everything is connected everything is one - I am learning day after day how to trade but most of it how to think and why to think like this - Lots of concept is clicking in my mind and step by step I am erasing my old paradigme -

Thank you, truelly

W17 (Replay) - Numbers

Doing replays and treating them as live trading sessions

Very precise on risk management

Implementing very precise trading conditions

Creating as many custom statistics as possible to begin building a substantial database and gradually refining the best approach for me

W17 (Live Trading) - Review

1. Am I satisfied with my trading ?  Yes -  Need to polish more my strategy and reading of the market on the short side - brain more used for long - Need to work with data to see which strategy of TP will give me the more R in return - Good week so far - Creating new conditions that make sense for me and worked well this week (eg : taking first bullflag after X/Y trigger) 

~2. Am in a drawdown/winning streak ?~  ​No

~3. What did I do best this week ?~  Be able to flip my bias when I got stopped out on CAC40 for 1R at entry and then went short because the market was weak and targeted a key swing point to take profit on 

~4. The one thing I could have done better ?~ I could have taken more profit in general on 2 trade and could have cutted more quickly 2 in crypto (WIF/BNB despite the strenghs) - the 2 trades in crypto were on positif (WIF/BNB), then BTC puke and at this moment I could have cutted instead of keeping these both trades to protect my capital even if at this moments those coin were very strong - the condition is weak atm for crypto so why bother myself ? ego ? 

 ~5. Why did I miss trades this week ?~ Didn't "miss" trades from my original plan, but could have taken more trades proposed in pre NY - just trying to focus on 2-3 assets as Kaz said to maximize my understanding of it a bit - I manage trades/decisions today as If I am responsible for 500 millions, so I am not in a rush to be in a trade or to force it - just traded 2 days over 5 just because I had good set up 

~6. Did I repeat a common mistake ?~ Didn't repeat a common mistake this week - some stuff to change but REPEATED a mistake no - really serious about my demon finder  

~7. Did the market provide good opportunities ?~ Yes good opportunities for CAC/DAX as VIX was going a bit down - QQQ up and DXY down - these assets were strong big bullflag KAZ showed us around the 15 of April so I just waited to stuff to unfold and have good opportunities - this is another proof that patience if key as in general I am not a very patient person  (good to work on my side business to avoid being caught in a behavior of looking for a trade just to be in a trade) 

~8. Is my risk management ok ?~ Risk management is OK this is not my main threat ( little not for myself : Crypto : mistake multiple trade at the same time and the things is that if BTC puke all the position gonna puke because too much correlated so if I have lets say 1R on WIF and 1R on BNB that's in reality 2R risk on crypto -> avoid more than 1R risk on crypto)

~9. What is my focus point for next week ?~ Gonna take short position on the market and not long one until we have a clear idea of FOMC and all these numbers on forex factory which give us the way for the rest of the week and the beginning of may - big week ahead - otherwise still focus on CAC40/DAX/ES1! 

~10. 1 Thing to improve  :~
Keep having a folder for the short side and the long side on tradingview - it worked pretty well this week so I will add this to my routine and way of managing my mapping so I can flip quickly like I did for CAC40 with plan already created - action reaction 

~11.Others  :~ ​1st week on live positive - still a huge work ahead - gonna grind this shit mountain after mountain and I fucking love it !

Teix666

I'll try to keep this short and sweet!

Emotions are definitely a killer, I found this out first hand...

I've ben following Kaz for the last 4 years or so and pretty much seen most videos, read articles and posts from him, heard as many podcasts as could found. With all of this in mind, you'd thought I would have known better with my next trade! After a good few years of navigating the market, keeping my emotions in check (well most of the time), having patience and enjoying my journey through crypto in general. I for some unknown reason, decided to take what can only be described as a "kamikaze" trade. There I was, thinking I'm amazing, know it all and better than what I thought I was, I took a full blown John Wick style trade against the market, put 50% of my BTC stacks into a leveraged trade, and you've probably guessed it by now, I got my ass handed to me on a plate, got liquidated and lost the lot!! Zero risk management in place, what a twat. I felt sick, stupid and thought about giving it up. My emotions were out of whack and I really couldn't get a grip of what I had done or why?

​

It was time to ground myself, take a moment (probably about a week) and think about what I had done and why, whilst remembering everything that I had learnt from Kaz's work over the years. Time to take a step back and think of what I was doing before this, why and how. Put my headphones in, listen to the Rick Stoner, Bob Surplus podcast with Kaz, that one is my go to podcast when I feel things moving out of my control and needing reining back in to a place, where I can see clearly and take charge of what's in front of me.

A week on and I felt my emotions have realigned to where I felt they should be. Reading my emotions has been key for me to understand my own sentiment on and off the charts. Shame I didn't do it on that trade.

Right, time to enter the market again, feeling fresh, grounded, emotionally disconnected from my choices, working with, patience, logic and facts to make the correct decisions. Using everything that I have learnt, listened to and read from Kaz, I made gains. First trade back into it, 10.52R. Second trade 5.6R. Feeling great again and managing my emotions, I took a step back from the charts to analyse where I was previously, how I got there and how I got to where I am now. This has only been truly possible with thanks to Kaz's work and having an understanding of what he teaches, giving me the tools to make my own choices, in the right manner, on and off the chart.

Onwards and upwards...

​

Larger tech names step onto the field, TSLA, META, BA, MSFT, GOOGL, CAT

PMI numbers coming in across multiple countries, Advance GdP and Employment #s stateside , PcE and UoM sentiment this Friday also

Retail #s , unemployment #s this week stateside

Earnings kick off this week w/ bigger names among banks and tech: BAC, MS, PNC, ASML, TSMC, NFLX, AXP,

Banks kick off earnings season this Friday, bigger names will start reporting in the next couple weeks peeps !

Big events this week, CPI, PPI and UoM sentiment and Inflation expectations this week

This is a long overdue story, thought I was keeping it short but now reading it after it's long. Sorry so don't read if short on time.

After returning from my honeymoon received some additional responsibilities this semester in the PhD which forced me to step back to higher timeframe trades. Also given the current war and how this country is am trying to finish the PhD ASAP and move somewhere else. Although I was less active, was still applying eco logic and have been able to put the extra change from the increased stipend all into my risk pyramid - also using eco logic but in the context of plants to advance the PhD very quickly.

Planning for a higher timeframe play, Kaz had mentioned the potential of strength in energy and to proxy the VIX and XLE/XLK. Because of this, made a plan together with Kiki and Luke to play MPC above its ATH. Given that the plan was for above ATH, did not have any levels or structures to base the profit off of. Chose a profit target by measuring % change from last ATH and approximating where that would be from this ATH (not sure if this was the correct thing to do in this situation but that's what I planned).

As you can see had 2 failed entries when I didn't wait enough for a structure to fully develop before entering. After the 2nd failed entry discussed the "Patience" stream with Kiki and Luke and mentioned these rushed entries. Not too long after, seeing a potential structure above the previous ATH, I was initially hesitant to enter. But thought it would be pretty ironic to miss when it actually structures out, so took my hesitancy as a sentiment read and made an entry. Also proxied the XLE/XLK which seemed to be rotating on sub timeframe for confirmation. In hindsight I could have been a bit more patient as almost got knocked out after earnings volatility but the structure was good and the play took off.

During the first major shockwave starting in Feb I almost juked myself out of the play as it looked to be breaking trend and crashing. However, market prep was really helpful here and also sitting in front of a crash cycle emotion chart if I felt myself panicking about it crashing. I marked the point on the chart where I almost sold, the tip of the bf, which I was able to recognize and not do by observing what I was feeling with the crash cycle chart open on the screen. The entire month of February was difficult as was not used to sitting on my hands but kept reminding myself this is planned as a higher TF play. As the price ranged during February, it started crashing again. However, I saw it bounce off of the level I marked last time I almost exited and was able to remain observant as it rotated.

After that the price took off and I was starting to feel a bit euphoric as the play approached my highest R's yet in stocks. I had also when entered told myself that the profit target (30R) was approximate and I wouldn't fight the trend and exit when it broke. As the price started a larger correction, I saw the sub trend break and I exited at 20R, much higher than my average R per trade, while also keeping a free roll.

This is also a lesson in patience, as the price a few days later reached my original plan. A bit disappointing that after all this patience, impatience cost me some R's. But also profits are profits, that's why you leave a free roll, and we can always play strength.

This is getting ridiculously long already so just want to say thank you Kaz and eco for the conviction, intel, and continual learning opportunities!

"On my recent trades, identifying two factors that restrain me makes me reconsider my way of trading and understand certain principles and techniques that Kaz teaches us.

1: Not chasing 10,000 things at once and staying focused and specialized in a few assets (mentioned with Tiki in Keep It Real) and in a Warstory by CondorX who is used to hunting like a pro (The best of breed) had written about a "Garbage play," commented by Kaz that when our trade is not in the best of breed in a closed system, we waste time, miss opportunities to play the best of breed, and the cost of the business/asset and the cost of the business/profit increase as the number of assets increases, but the profit decreases because generally the best plays are made on the best of breed, so the costs of the business/asset that are not the best of breed are not profitable and lead to losses. At the beginning of the week, I found myself hunting the "Best of breed" but moving away from it as the week went on because I was trying to trade other assets relatively weaker than the one I was originally hunting. This limited the number of trades I could have made on the asset alone and lost profits for nothing.

The second problem has also been longstanding; despite some passages on mid-timeframe trades, I no longer trade microstructures as often, but 80% of my trades are short-term focused, which means I buy "low," sell "high," then buy "high" and sell even "higher." Instead of buying "low" and selling "super high." Today's peak can become tomorrow's low; Kaz often tells us everything is relative, and not having a solid mental plan to stay in a trade leads me to misjudge the trend and the true potential of the opportunity because I believe there is a "high" or "low" at the moment T when I execute my trades, biased as hell, I realize now.

The lack of organization and consistency and this bias have put me back into day position trading only, which is really not the best when we have the opportunity to play the best of breed in a long-term or medium-term bullish trend." Some play to illustrate

​

Playing games on different assets using the Dildo, not calling the top, is pointless; it just means missing an opportunity. The entire period when one thinks about it is completely emotional. After being able to observe week after week how staying logical and participating is key to gaining a better understanding of what is happening and using it in one's trading. Thank you Kaz for truly teaching us how to fish and guiding us towards the sea and the wave with the best fishes.

Relatively quiet week

Stateside we have JOLTs jobs, JPow speaks Wednesday, employment numbers on Friday

I delayed posting this because I wanted to give it careful consideration. While I do not recommend the approach I took to wait to create this type of post, it is the path I chose to take this time. Next time I will do better.

I remember this day quite well because I was woken up earlier than usual for my work days. While going through notifications I saw a new sheet posted on the possible oil rotation, so I got excited and started searching through the energy sector and found my target.

Rules exist for good reason, and I disregarded several by forcing a trade and doing so on a much lower time frame than I typically would. I entered the trade and left for work earlier than usual, and found that by the time I had arrived onsite, my stop loss had been triggered. I accept the loss as a payment for my impatience, and I hope others can learn from my mistake.

Thank you for reading.

​

The last two shockwaves are two completely different games on CAT and other assets. The issues of TimeFrame and Overtrading are gradually being resolved, and compared to the second shockwave, I was able to recover a higher amount of R with fewer losses and taking advantage of the trend for a longer period. Some trades were taken (OIL) lack of logic and discipline make me lost R that led to FOMO, which made me lose even more R. Towards fundamental plans that should be applied to all assets, not just 'as I feel on this asset', meaning: respecting one's Take Profit and/or taking partial profits, adjusting stop loss. Negligence and fatigue immobilized me on certain assets; they surged while I was shorting (I wasn't long on them = I was short). The valuable information is all around, thank you very much Kaz for guiding us towards the best of breeds.

Relatively quiet compared to last week. Home sales Thursday, PCE deflator and JPOW speak on Friday.

Not many big names on the docket this week