New Trading Environment

Two Forces Influencing Trading Environment

• #1: What the actual market conditions are. What is actually going on
in the market. Is it trending, range bound, choppy?

• #2: Our Interpretation of the market action and what happens. This
depends on our market beliefs, strategies, etc.
• Jim Rohn: “It is not what happens that determines the major part of your
future. What happens, happens to us all. It is what you do about what
happens that counts.”

• “When you change the way you look at things, the things you look at change.”
Typical Trader Experience
• Major and Minor settings tweak to the technical indicators
• Ex – change Moving average period from 7 to 21.
• Ex – Change Moving average from EMA to SMA

• Other technical tools such as ADI, ATR, Bollinger, CCI, Donchian, Oscillators, Ichimoku,
Kelter, MACD, RSI, etc.
• Chart patterns and price patterns such as the Andrews Pitchfork, engulfing patterns,
Dinapoli levels, Fib retracements, Wolfe Waves etc.

• All very poor analysis tools to begin with, so tweaking them, isn’t going to do you much
good. You are just compounding the delusions.
• There is nothing special to them, nothing extraordinary to them. If you want something
special, something extraordinary, then you have to focus on what truly moves the market
and causes the volatility.
Important Questions
• Why is the market moving?
• Why is the market going to move in the near future? What scenario is going to
cause that to happen?

• If you don’t ask the right questions, you stay stuck in the same old tired analysis
methods of technical analysis and fundamental analysis.

• The quality of your life is dependent on the quality of the questions you ask.
• Quality of the questions you ask, is dependent on the thoughts you have.
Because, when you ask a question, you are having a thought, expressed into
words.
• Thus, so much in life starts with improving the mind. Having ambition and vision,
and figuring out the truth about how to fulfill it.
First Principles
• Use these strategies FIRST, in analyzing and trading the market:
• Stop Hunting, Option Barriers, News Triggers, Global Macro Scenarios, Market
Sensitivity, etc.

• Anything else you decide to sprinkle on is up to you.

Order Flow Trading is a Choice!
• Would you like to place trades based on stop losses, option barriers,
news triggers, global macro scenarios, etc, or would you like to place
trades via the other tired old strategies?
• Would you like to know how to use the power of the information that
does not appear on the chart, or have it hidden forever?
• Would you finally like to unlock the code to how to use economics
and global macro in trading?
The Only Path Is Forward
• Seasons change, age changes, family and friends can change.
• The only path is forward
• Progress your trading knowledge to a much deeper and higher level
of understanding.
• Jim Rohn: “You can have more than you’ve got because you can
become more than you are.”
The Only Path Is Forward
• Moving from technical indicators to price action trading was
refreshing.
• However, moving from price action to order flow strategies was the
most refreshing change of all.

• “Being able to place trades using techniques and strategies

completely unrelated to a chart, is the height of personal and
professional satisfaction.”
Time Honored Principles
• Principles and strategies I will teach are time honored. They have
existed for decades in some form or another
• PTJ: “I guarantee that for as long as I live I will always be able to find a
chart that will look like another chart from another era.”
New Trading Environment As I See It
• #1: Power and Ability to place high probability trades. This power
comes from your knowledge and correct interpretation of the
information that does not appear on the charts.
• #2: Because of point #1, your tolerance for large consecutive losses is
less
• #3: You only “Go For The Jugular” on trades that have the big
catalyst, big macro imbalance, that will cause a big move to happen
• #4: You earn bigger trading profits by placing better trades, a
consecutive series of them, rooted in stronger, more aggressive order
flow. Always aware of both the bullish and bearish scenarios that can
move the market.
Trading Success Always Exists
• Trading Maxims that always hold true:
• Cutting your losses and letting profits run
• Have winning trades be bigger than losing trades

• Biggest trading edge of all comes from knowing how to take in all this
different information around you and creating music out of it.