Ep. 1 Of Transparent Traders, with Millionaire Day Trader Edu Trades

0:00 we have a true standout Trader who is on the top half of the alltime leaderboards to get to the one milon I think it's it's the the main thing 1.4 million you cannot lose the appetite of learning adding trades like in an Ideal World we should all get k for that's incredible that's risk management right welcome to a brand new 10p part podcast transparent Traders where we're going to dive into the mains of some of the top traders

0:28 that verify their profits on kall first of all I'd just like to let everybody know that Kino pro and pro plus are now absolutely free for a first month free trial so log in and clip upgrade to access our Advanced trading reports and analytics but today for our premere episode we have a true standout Trader who is on the top half of the alltime leaderboards 1.4 million in verified profits edu trades how are you doing edu

0:58 how's it going my man good to see you good to see you so good to see you I haven't seen you in a while so I'm pretty excited to be here now we haven't actually spoke since some of the older podcast days but you've been one of the main guys who's always been consistent with me always reached out always said do you want help if you need help always offered some like a help in hand dude you're one of the only guys

1:18 that I've met who genuinely want to help other people and there's often not anything back in return it's it's just to be a good person like I don't know where you get that from bro I think I think it's a matter of I I I was in such a bad place when I started trading and and when I like struggled a lot with trading so I think you recognize that struggle in in other people so you try to make it easier but

1:46 I think doing this for a while I think people must have their own insights you know in a way of course you're there to as as you're a little bit more experienced than than people that are one or two year three year trading you might label their issues in a way or label their their their things that they have to improve but at the end you have to to you know follow your own path and

2:16 your personality brings a lot in this game so you cannot it it's really hard for you to follow a Trader for you to you know when you're being mentored that Mentor better has some kind of insight of your trading and your weaknesses and your strength so he can help you the best so I always try to when I see someone that has a lot of potential or whatever I try to reach out

2:46 and and whatever whatever I have to do in order for them to you know to improve a little bit I'm there you know that makes a lot of sense we're going to get into some questions just before we do get into the questions I just want to include a quick message from today's sponsor if you're an active Trader then Centerpoint is the broker designed for serious Traders like you Centerpoint offers Advanced trading tools flexible rooting options and an extensive short

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3:42 tracker and more click the link in the description to elevate your trading experience with center point where active Traders get more okay we are back hello everyone so when I last spoke to you edu you were nearing 1 million in verified profit on kall you're now on 1.4 million you've actually secured a spot on the alltime leaderboards at kall I just want to check what what were the lessons and what were the things that got you to the 1 million

4:12 and then what have you learned since the 1 million that's got you to the 1.4 I think well to get to the 1 million I think it's it's the the main thing because once you get there everything gets a little bit easier in a way like to get to that million you're you're really deep into the Milestone so you're really deep into the result and that's something that it's really counterproductive for your trading because if you're thinking about money

4:42 if you're thinking about numbers every single day you drift away from the process and the process is what gets you there the process the doing your watch list preparing making your plan making your your your checklist understand making your due diligence understanding that it's not only the micro setups and the you know and the noise on the each candle you have to look at you know the big picture those things is what will make you a better

5:12 Trader not if I I'm green today or I'm Green in the week so I think one of the the best lessons that I had achieving that million is whenever I drift away the most from the results and from that goal and from that mil and I forget about that Milestone I perform better and whenever I I I try to stick to the process and I try to follow each one of the things that I learned that I've

5:43 learned through the through the years it it gets easier the expectations of making money out of the markets is what it's man it's the devil like it's so hard U to to manage those those expectations because let's face it like we we really want to make money from the markets like that's that's the goal at the end and and that money means something to us maybe that money means freedom maybe that money means

6:13 Independence maybe that money means survival even so whenever you you start traducing those trading points into things that you might get from real life that's when it gets tricky so whenever you're in this Quest try to stick to the process and TR try to drift away from the from the goals from the monetary goals and whenever I I cross that million everything was so smooth in a way of course you get other

6:45 challenges I always always tell my my the guys that the guys and girls that trade with me and they're achieving a few Milestones I always say like once you get to a level it's harder in in a psychological way because now you have the result now you don't have the excuse to you know being sad or being in a way

7:15 you know I didn't perform well blah blah blah no you have the result already so why are you s so that how there's a phrase that Tony Robins says that is success without F fulfillment is the ultimate failure and I think I had that because I had the result I had all the things that I ever wanted with trading and then whenever I had a really bad day a really bad performing day I

7:48 felt like crap like I felt like really a really really bad Trader and start questioning myself if you know if I'm a really good Trader if blah blah you know so it gets trickier it gets you know scaling is a little bit different than than making it at first but I am enjoying it so much more like I'm I'm enjoying every single thing like this gme thing like I I I watch it with popcorns man like I I really enjoy every

8:19 single thing of the price action I'm learning a lot and and I'm I'm willing to learn in order to capitalize in a bigger way in in the future you know but like for me what I what I think the difficulty is in is you've made million plus you know that your process is work you know that your strategies work you know that if you have a bad day Green Day is probably around the corner but it's that struggle for new Traders and

8:43 maybe we can talk on it but it's that struggle that first of all they need to learn the pattern and they need to know what pattern works and the second thing is it's it's so much more about the money in the beginning because you need that validation not you don't want to go and buy a car you want the validation that you can make it and praying and when 95 96% of people can't those green days are not just money it's like it's a

9:07 sign that you can do it and and there's so much pressure on that and it's and it's almost the same for you when you're on the road to a million it's like I can make a million dollars I can be a real Trader and that don't know if IU can swear but with your head a little bit especially to show people that didn't believe in you that that it can be done because everyone is like yo

9:27 you're trading oh that's a scam you know and you kind of want that validation in a way and I think the way I I deal with that is having the results in advance what what do I mean about that in a way you have a vision with trading and you have you have a commitment that this will work so you what you do is you picture yourself as a great Trader as a as the trader that

9:56 makes money out of the markets and that's probably I don't know in 3 years four years 2028 for example so what you do is you reverse engineer that really really good Trader and you start behaving the same way you start doing the same habits that that person has and you try to fill the Gap in a way from from the guy that you're now and the guy that you want to become and that's that's pretty much how

10:28 how I see it like and I I I'm constantly pursuing that person that I want to become in a few years and I try to reverse engineer what that person is doing so I think the best tip that I can give you in order to really make it without the results because you need that validation is knowing that the validation is there you know it is there in in the future of course and there's a book I was reading

10:55 a book of Joy despensa breaking the habit of being your s that that talks about that and and it's it's really cool to to understand that you could potentially have that scenario in your life and you just have to live it through from from the future till now you know we we all want from now to the future but we don't know how to get there but the person who did it that's us in four years ago already made it so

11:24 he's going to be the one or she's going to be the one that that lead us to to that result in a way me that's the most unbelievable advice that I've heard in a very long time the fact that the best way to to detach from the profit and loss when it's difficult in the early days is to to envisage in the future with strong confidence that you've already made it and that this loss that you've just had today is just

11:49 part of the journey to you being your future self in three or four years that is unbelievable advice in terms of of shaping your psychology but you got that from Jord spener got that you just thought of it after reading Jo dispenser or well I'm kind of a Tony Robins guy and I have like since I was probably like 15 years old I I I always you know hear his CDs and all those things back then but nowadays I I try to get a

12:18 little bit into metaphysics and those kind of things yeah and I love the Joe dispenser philosophy U but in a way people and and this is where it gets through stepen because I see a lot of people that are really into the psychology and blah blah blah and they don't have an edge like of course that's important and trus in yourself is important the confidence is important the vision is important knowing how to manage a stress is super important

12:49 position sizing and and risk management is super important but if you don't have etch if you don't have technical etch which means that if you don't have an advantage on the markets like nothing will work so I try to tell people that are starting that because because you always hear these things that hey I'm struggling because I have conflict of interest I have my psychology I cannot you know have a

13:20 red day or whatever and when I ask them hey what's your Edge in the markets they start like mumbling oh well and this when whenever it crosses and blah blah blah and I get this and what you know it's not clear enough so I think it's really important for people to know their Edge know what they're good at and this is where Kino sets in right You have to know what you're good at you have to know what setups you're really

13:50 milking out of the markets and you're really knocking it out of the park because maybe and it's really important that you know that this is yours this is something that it's art in a way you have a personality different than mine you have a risk tolerance different than mine you have a you have a whole thing different whole core and experience is super important too so whatever you know how to do best and this is something that I got from

14:18 Dr Ste barer from an SMB conference that I had probably like four months ago already and he he said something like really really that I have a lot of insights about that which was everybody in trading is asking thems what did they do wrong and what they have to improve and what they what what mistake that they did blah blah blah but they're not asking themselves how can they maximize

14:48 what they're doing well and I think that's something so important because if you don't know to how to maximize the setups that you you know best and the setups that you know that they work for you and they yeah you probably will lose one or two t one or two times but the importance of understanding that if you make one it will make up probably two or three losses that's incredible that's risk management right so I think it's

15:20 really really important that people understand that it's not only yeah the stress and the you know managing stress and psychology because I see a lot of people talking about that nowadays and I think ET is probably the most important thing when you're beginning but there's not much stress when you're trading $1 and $2 is there so sometimes this just a question of size as well you can say I'm dead stressed out if you if the profit

15:45 and loss is going up a dollar down a dollar up a dollar you know what you know what Stephen I think that stress comes from a from a place that you want validation from others in a way you know that you you want people to people that love you maybe maybe they don't want you to be scammed or whatever and nowadays trading is a is a really great area it's a really great industry especially for the people that you know sell courses

16:11 and they don't know anything about trading so what you get is that sense of es skepticism from people and people that love you don't want you to be heard in a way right and they don't want you to be in that path so when you're doing it you're trying to in a way you're trying to tell those people hey I do know what I'm doing well so it's not even about the money it's about being right maybe and that's something that

16:39 yeah and that's something that we have to we have to get from our heads but it's it's so difficult but it's like I suppose in the early days it's like watch as many different parts of trading as you can see all of the different patterns say what matches your personality and then once you find an edge because you've traded enough times and then maybe you do use kall and you do T setups and tag this is one setup

17:00 this is one setup this is another setup and then see what what's profitable and what's not profitable and then I think the next thing for you is is exactly what you said like put that mindset do those meditations envisage the future and think I'm already profitable I'm already profitable I've got the edge just it's just another day of being a profitable Trader and if I take a loss that's okay because profitable Traders take losses it's almost a bit like that

17:22 but edu one thing that surprises me about you right many things surprises about you but all all in good ways I actually wore a shirt today because I wanted to not because I have to wear a shirt but because I wanted to show a sign of respect that I wanted to people friend you say that I'm the host I'm the were a freaking Su you know no no no one told me what I have to wear today but I put a shirt on

17:50 specifically because I'm talking to you as a sign of respect BR the horse as well you you're the millionaire Trader you can you can show up however you want you can show up in your boxer shorts does doesn't matter but dude like what two things loads of things get me but one of the things that gets me is I see a lot of good Traders right and what I find that all have in common is that often in the personality traits can

18:15 be without emotion or they can be a little bit quiet a little bit introverted a little bit mechanic you proudly born and bred in the lands of in the lands of Latina no where I am right now you have emotion so you're like an anomaly did you have a struggle with having emotion and having strong feelings and trading I think I use it as a as a fuel I guess like if you see my sessions because I do life trading every day and

18:47 if you see our sessions it's pretty cool you should come sometime because they're pretty cool like they're there we have music going on and and we have jokes going on all the time and we like I think in order for this to to become your daily thing because I I think a trading as my you know it's it's part of me now it's not even my job it's something that I get to play with every day so it's exciting to to wake up and

19:17 do this so as it is such a lonely profession and as it is such a in a way you have to be really consistent in order to make it so so I have fun with it and it's not that that that I don't take Serious training I just think that in order for you to enjoy it like you're with people you're we create this community we're with people we're because we have you have

19:47 to be really patient and sometimes there's no play but you have to be like in in in the play in the game so you can spot that opportunity so you have to wait and and if if the trade doesn't go to your levels you cannot do anything so that's why we you know we we we have fun and I think that part of my personality has helped me a lot just because at first I was struggling so much in

20:16 trading and I think if if I were kind of introverted I think it would be really hard for me to deal with with everything that I had to deal with so I think there's no such thing as a perfect personality for making it a trading of course when I see Lucas for example the shore bear he's really like German style you know he's super disciplined he's super and of course if you see me I'm like freaking listen to like a don't

20:47 trade you know like it's so different and of course he has made so many millions and I I haven't but I think in a way it's trading makes you what I love about trading is is that it gives you the opportunity to make it as your own so like you express yourself there and you you you kind of that's why maybe I have so many arrows in my in my charts you know and and and and I think it's

21:12 really important for people to understand that what they have to do when they're learning this is what I did I have so many things in my training that Tim grani taught me that Tim Sykes taught me that Nate taught me that Jay Trader taught me that even s Luchi I'm learning a lot of crazy things about options right now regarding equities from Zan Luchi I'm I'm learning so many things from Lucas I understood a lot about pyramid in from

21:45 Lucas I I understood so much about filings filings with Ricky you know and and so many things like I have my own Frankenstein and I I I I understood recycling with bow you know it's so many different Styles so many different things that I put together in order to trade the way I trade that I think people should learn a little bit from everyone you know and and understand what good from everyone can fit your

22:15 personality and and that's what I did so I think your personality is key I think the less and I must tell you this I think the less emotions you get the easier trading gets but if you are such a passionate guy maybe like me you you can make it your own it's not that you're doomed you know maybe I have to be really like for example when I'm when I'm trading like really tra actual

22:46 trading like really entering a position I cannot have distractions like I have to be really really focused but when I'm waiting for that moment I TR try to you know distress myself with with you know company in a way yeah all right I've got a couple of quick more slightly more quick fire questions for you the first one is Edie what's your why what's your why why did you get into

23:16 train I just had my third kid right now and my purpose it's Legacy and if I can provide every single opportunity for my kids like I made it already so I think I it's a matter of providing it's a matter of of understanding that you're here for to to create something bigger than you

23:49 because whenever you're you're only focusing on you when you're up that's great but there's sometimes that you get those you know downhills and especially in trading and you have to have that fire inside of you that will make you out of the bed will will make you get up up from bed will make you you know sometimes when I get really really harsh losses they're not about the money anymore but they're about my performance

24:19 and I and I really question myself when when I get to those moments maybe once or twice a year and bro I hit hard bottom really really hard and when it what it really really helps me is that mindset of hey it's not about me anymore it's about other people that are that are making it for their own future and that's why I think it's it's really important and also of course you have this like I really enjoy the the

24:52 independence I really enjoy you know if if I want to go to Italy and I just do it and and that spontane spontaneity I don't know how to say that in English spontaneity I don't know how to say spont SP you should teach me spontan yeah man like like for example I'm I'm going to this like I love soccer and I'm going to this matches of the cup America and one of Venezuela is playing in in La so I'm like freaking I have to

25:24 go to La but I can do it like I I I'm able to do it so it's a matter of choice it's it's not a matter of if I can or I can't anymore it's a matter of if I want to or not so that thing over there like I I think those that combination of of those two that Legacy and that providing thing and the the the doing things because you want to and not because you can like that's for

25:52 me is really really important really really important you're a huge advocate if can for you post your charts every month what's what's the what's the love and fascination with kall I I've met I've met Carl I love the guy by the way like I I I get along with him a lot we met in Vegas maybe three or four years ago and like the project itself I love it because like in an Ideal World we should

26:26 all get kmf like every everyone should get Kimo just because you know if someone is questioning you for example or questioning another Trader that Trader might feel really really bad because there are so many trolls in the internet so many people that complain so many people that are that like doing things that that don't help anyone and sometimes those people who get really hurt by by those if they see their track

26:56 record they wouldn't be hurt that much you know what I'm saying because if someone that it's making in it trading is bashing you like he probably I don't know I I've never seen it I I've never seen one I remember once there was this guy like maybe one or two years ago he was bashing Kimo no because people in Kimo they don't have the locates and then Carl got the locates okay no they in Kimo and this guy is he was bashing

27:26 me this guy blah blah blah and I'm like why this guy like it's really weird why is this guy well two weeks later he released his his service yeah exactly and he wasn't verified so it's a matter of if everyone is verified in a way you could spot those things and you will see that people that are making it and trading are not bashing other people like they're just trying to help they if you see like the leaderboard who who you see

27:57 there like stepen D you see Kyle you see Dom you see a lot of guys that really provide value for the community when whenever I see one of these monthly Recaps of Tri of Kyle's traits bro that's incredible and there's so many people that that that provide value to the community that I think whenever you're transparent it's it's a a way to

28:30 get you how can I say it like Authority in a way so people understand that what you're saying has has a point and I did it like also I love it because it it gives something to my community that we didn't have before that is the Roger banister effect which is do you know the story of Royal banister no okay there's this guy like before I think the

29:00 1950s people couldn't run one mile in less than four minutes and this guy beat it so picture this before 1950s you could like nobody could do the one mile in four minutes when this guy beat it there's something like 2,000 people that have done it already yeah I know so that yeah so that is so people it's not that people grew legs longer legs it's

29:31 not that people are I don't know eating better to go faster it's just that people Now understand that it can be done so when it can be done it unlocks this resistance and it's easier to do it so if I can do it or if Jac K can do it like I get really really encouraged by oh so there's this guy that didn't have a lot of money that is not that he

30:01 is a Quantic physician or something like that he's not an astronaut like he is really similar than me so if he did it like I could I could do it so that Roger banister effect I love that about kfo and and of course that's why I'm I'm such a promoter of it I I every single time I try to encourage people to to get into Kimo not many people want that some don't want it because it's really

30:31 it's really hard to be transparent these days you know and and and I know the reasons why maybe even safety you know even even the IRS can can spot you but but many we all know why they don't want to be transparent so I think bringing the transparency back to the industry will will will make it better and I think Kimo is such a such a a good

31:03 way to to for people that are even starting to get lead in a better way so that's why I'm such a fan of Kimo yeah but I mean there's so much Mystique over which trading Guru can you trust like who can you actually trust to be saying the truth about what they're saying and if they're un kful it's undisputable but I mean so what would you say it to someone who's selling a cost and not on

31:33 pfall it's difficult one I know the thing is if someone has 20 years plus doing this like maybe they don't want to expose thems in a way because it connects all the all the trades and it's not about losing it's about winning too it's about ear earning money too you don't want that ex-wife to to see you how much you're making right and so

32:04 maybe there there are a few exceptions and and I want to be really really careful about that because we cannot say hey every everyone that sell courses if if if not in Kimo like they're they're a failure it's not that way but what what I should say is Kino will boost their their sales and it's a really smart way to to boost their sales just because Kimo is the only way and if somebody has another

32:36 way let me know but Kimo is the only way that you can for sure verify a Trader and and that's why I would tell those people that are that are selling courses and don't have Kimo yet it's a way to boost your Sal like it's a way for you to be legit it's a way for people trust you is a way for people to look for you when you don't show you don't appear in their feed on on ads or whatever like

33:08 Kimu is a genuine way to to lead people that are starting and wants to to to get a course just because of the of the transparency of it and for those who do it for because they don't know how to trade you're you should get out of the way like like if you're if you're teaching trading and you couldn't make it by the way I do think you could but if you're saying that you're

33:41 profitable and you're not you're a scam and I know a few I know a few and and what what I can say is hey say that you're not profitable that you might be a good teacher right you might be a really good teacher I can show you how to put trades and and and not be profitable I can show you patterns and not be profitable I can show you statistics and not be profitable I can show you risk management and not be

34:10 profitable so I I really think you could teach a few things about trading without being profitable but what is wrong is to deceive people and saying that you are in order to get more subscribers or whatever so take that advice for the people that are teaching courses get into Kimo because it'll boost your CS that's it I've got a question for you that you might that you don't have to answer and you can just say a Skip and

34:37 we'll go into the next one but I was just curious to know do you have a if it's possible to even have a favorite furu if that's even a thing do you have a furu that you like purely for entertainment even if you don't follow the furu a favorite furu I do but I don't know I I don't want to say it maybe maybe in a couple of drinks I'll tell you I I I don't I can say my

35:00 favorite fur of all time if it is if it even is a f i don't know I'd like to say him on I'd like to say on kful but I love Zack Zack is it Zack attack if he even is it for Zack trades is it well but but I you know what I'm I'm kind of a fan of the guy just because he brings volume like I love people that pump dogs and brings volume so I'm like yeah go

35:23 for it you know bring some volum push those dos up and for me to have you know meat on the bone because remember this in small caps if you don't have those those extensions you will never have volatility and if you don't have volatility as a day trader you're doomed so all these bumpers that bring volume and bring attention to the to these markets bring all the people that are going into crypto and and are going into

35:52 you know futures or Forex or whatever bring here and you know it it will bring more even more volatility to the markets and that if you know how to trade volatility if you know how to deal with it you'll profit from it so bring them is vice notes are pretty entertaining as well I don't know if you ever listen to any of his vice notes his audio notes on Twitter or if you watch any of his

36:16 videos they're pretty Haven I haven't seen a lot but but I I I kind of know his work and I I'm a fan of it so but to tell you the truth there there is there's some people that that also say that they're on kimone they're not like they they put they're oh I'm on Kim and I'm and I'm transparent blah blah blah or whatever and they're they they have their profile as private you know like that's deceiving like you cannot do

36:46 that tell people hey yeah I I teach this thing and I I can't teach you but say as it is think that's really really really really important for people to understand that you're being taught by someone that and and maybe he has a or she has a lot of profits and a lot of things but maybe he or she doesn't want to show it so be you know be be honest with it don't say that you're Unk don't say that you're

37:17 transparent you say or or say saying you're transparent you don't use Kimo no because Kimo it can be manipulated I'm like okay if it can be manipulated why don't you manipulate yourself and put yourself in the leader War right of course I would do that no but I mean I agree you could have an absolutely fantastic statian who is a brilliant stici brilliant Trader who was also an alcoholic and he goes six day sobber on every seventh day gets black

37:45 out blind drawn doesn't know where he is and loses all of his money but he's actually a fantastic teacher and Trader he just has this problem on the seventh day he gets blind drunk and he could be a good teacher he just needs to say I am a really in alcoholic I am a raging alcoholic with a problem but I'm a fantastic teacher on those other six days do you know what I mean just honest honest 100% And and I think I think

38:08 there are people that work with me that will that are great teachers and they're not as profitable yet so they could they could teach it's just being being aware that and make people aware when I started teaching I wasn't that profitable either but I disclos my my my thing I was like okay I make probably like $1,000 a month so this is what you get and I I got a lot of rejection for people that were like like I I want to

38:39 make a 100,000 a year I don't want to make 10 grand a year you know what I'm saying but I I think it I think it's really important that people understand that and ke Kino will provide that for them so why not do it what's your thoughts on trading Kitty in the GMA action these last few days what do you mean the was it was GMA right GMA has been a crazy ticker these last few days it was due to a TR

39:10 I've had so much fun last week like so much fun I I probably one of the best opportunities that I've ever seen well not ever seen but in this year it's ffi e and that was like two months ago or so or one months ago and gme that day whenever they got that dilution that that ATM I think it was 75 million shares and it was such a

39:41 clear short like it was such a clear short when I got when they got all that dilution the the thing is they have this huge guy behind it roran Kitty and I'm just learning I'm just learning a lot from it I think we will have a lot of things like this in in in in the following years so we have to learn a lot because this is what is the new way to promote stocks it's the new way to to

40:14 make that pump and dumb scheme so and we have seen the evolution of it we we started with the males you know I remember Tim Gran's trading tickers you you see the how the promotion was done and if you see the the the movie what was it the Wolf of Wall Street if you see how they done it before it was by phone you know then it was by mail then you have this crazy Discord groups

40:48 now you have this guy that moves so much volume the guy had 600,000 viewers in YouTube like that's insane that's incredible so I think each time it it it evolves and you have to be really really aware and you have to be really really you know learning from it so you can profit from a a similar situation in the years to come I think what I've picked up from

41:19 you which I think is really important is you seem to have this insatiable appetite and this humbleness to learn from everyone at all times and pick the best people at a certain thing and just learn it from them and then you're using that to fit your personality into a full rounded Trader and you're becoming like this genius Trader because you're taking the best of everyone I think I'm way behind of of of what a really really outstanding Trader

41:50 will be but I just make it my own and and I think if you guys are going to to start trading or you you're here you cannot lose the appetite of learning because every single time you will have different opportunities and there different ways to profit from the markets so if you're not learning you're missing out and if you're not profiting from because of course you

42:20 have the same patterns over and over again of course but the way they they they create and the way you can profit from it like for example at first I was only a long biased Traer then I started shorting and I was all into shorting you know because it makes so much sense to short all those things but now that everybody everybody's into shorting and shorting got overcrowded like I got to this I got to the to the inside that

42:53 just go long when it goes up and just go down when it goes down that's it you know it sounds so stupid but it's so like we are so contraint Contra inuitive that we always want to go short when it's ramping up and go long when it's ramping down you know it's it's so much easier to understand the face that is that that that that stock is into and just go with it and just dance dance with it not fight it

43:21 just dance with it and in a way you will of course when you're a contrarian Trader of course you will get those incredible moves of course but I just like to have that 10% a day on on my little position I I don't aim for 100 thousands a day like I just with between $1,000 and $6,000 I'm more than fine with my trading and I'm just happy with it you

43:52 know of course I'm I'm trying to every setup that I that I can milk and that I can take liquidity in order to be bigger like I'm learning how to do it of course we I've always been you know that appetite of being better of course I'm really competitive so that helps a lot but it's also being really comfortable of of what you're doing it's also of course you will see a guy that is making $100,000

44:21 like Lucas I was in Italy with him and he made a million bucks in my face you know with with his self on his hand you know and I was like okay I made Seven Grand which is a really good day for me but dude like I'm failure besides you you know you get that and it especially when you have social media that social media gives this Spotlight to this incredible people that you know make this perfect top Tech and perfect bottom

44:49 Tech it's just so for me it's just so it's so much easier to you know in in a in a 25 or 30% move get that 7% and you're out and that's it you know and and it can be up or it can be down whatever obviously you have to get the big picture in order to to to maximize it but I think it's it's a matter of personality I what were saying how did you get that personality to have

45:20 all of these arrows on your charts CU your charts are like no one's charts I've ever seen before it's just a it's a way for me to keep my my risk management on check as I I've never been this meticulous guy I've never been this you know if if this happens I will do this I have an area which I'll go like okay the unbalance and the supply will be in this area so I'm going to short out of it you

45:50 know whenever it gets to this area and I don't care maybe that area has a range of 10% so I will whatever it goes up to that area I will short and if I get my risk management into trouble I just get out from a part of it so I can have that room to add more on the way up so and that's whenever I'm on the back side of course because as I was telling you if

46:18 if you have a a downtrend it will be better to short if you have an uptrend better too long but if you have the big picture is in the downtrend and you have those pops for example today mlgo which was a an amazing setup like I love that setup so much because you have this crazy overhead resistance and you have this perfect downtrend whenever it pops a little bit you're going to short so like it's so intuitive that the whole

46:47 Supply will be on on on un balance that it will be really hard for the price to go up if if you don't have enough volume and having volume is not that easy you know people are like oh yeah pump the stock it's not that easy you know especially when you have so much overhead resistance on on on on days before so those kind of setups are like my favorite and I do that you know crazy

47:14 triangle at first just because I'm trying to get my my good average like really near that top and obviously I won't get the perfect top but I'll get like that area really nearby that top and with the size that I'm comfortable with if whatever it goes and and blows you know really high I I just lost whatever I'm comfortable to Lo to lose makes sense I mean what would you say to a new Trader who was trying to grow an

47:44 account now do you have like a couple of bits of advice or a couple of plans to look into or I will focus on the long side I wouldn't focus on the short side because I think shorts are more of a cash flow kind of kind of thing for the business for the trading business but the growth is on the lungs like you see these crazy opportunities every now and then that you'll go you'll be and it's

48:07 so easy like whenever I see them it's so easy to spot that I think people that are starting and and are focusing on growing the account should focus only on Longs and especially because when you learn how to long really really good you will will learn when lungs are screwed and that will make you a really good good short seller so get that experience from the long side for the first year I guess

48:38 and then as you become really really good long bias Trader you will see that there are a lot of opportunities on the short side that you could take advantage of nice are you used many indicators are you literally a candle man I use the vwap and sometimes I there's some charts that I have that use the some Emma which are J Traders Jay Lins which I love Jay we did this event in Madrid and I always tell him bro you're a genius in

49:09 marketing because he always name his you know his indicators in the chart so I like Jay lines J swing J and he's so he's so funny but I I use it because he taught me a pattern that is called the lay fade and whenever those Ms and that VW is broken like you will know for sure that you're in the backside of of that day so sometimes I use it but regularly I only use bwap that's it last

49:41 question as we're coming at the end I just wanted to ask how has the market changed for you now compared to let's say two years ago three years ago do you see much years ago like nowadays is harder than 2021 because in 2021 if you learn in 2021 trading your screw just because it was a market that it provided so much opportunity and you only had to hold whatever it

50:12 whatever goes down it will go up again so you just buy and close your eyes and you'll you'll you'll be settled you know that's why I think a lot of people made money on the in the 2021 and lose it all back in 2022 so I think you on this markets you have to be more disciplined you have to be really really on check with your risk management because you're if you're a short seller you're probably and you're a NOA novice or a

50:40 beginner Trader you might probably lose your account if if those crazy ones get you you know there there's always that one that will destroy your your strike so I I think you have to be more disciplined you have to be more aware of this crazy turnovers like you you will see a lot of reverses in this markets

51:10 and I think it's better to be a long on the long side just because it protects yourself from from the short side and from those crazy things like I I had the the the worst loss of 2024 for me wasn't this Chinese freaking stock ctnt which went all the way from two to listen to this it went from 10 to two right backside like it

51:41 was destroyed liquidation play then it bounced all the way back to 10 and then it went to 45 and then it went to two again so like that that was my worst loss and and with those kind of move you can blow out like even me I have I have a lot of experience on like I'm really really jealous about my my risk management and really meticulous about the risk

52:12 management especially and I it was so it was so hard because you know that that thing is going down like you have I was so convinced and it did like it did just it just I missed what like a 600% move like that will destroy your account so I think U people that are starting right now will learn a lot of lessons try to start small and and this is I cannot stress this enough

52:44 because I see so many people trying to start with a large amount of capital and they're not skilled enough to withdraw money from the markets they're not they don't have the skill yet they will develop it with a lot of lessons and those lessons come from experience and if if that experience is pricey if that experience is expensive then you won't be able to live it as the way it

53:14 should in order to be consistent and persistent on on on this profession so start small like you don't have to be a hero you don't have to turn a th000 bucks into a million in one month like that's that's not the way it is it's it's easier to understand that this is a profession that will last probably 20 years of your life or 30 or 40 and the first three years you will have to learn how to develop it and that's it you know

53:43 lower your expectations or manage them and and be sure that if you follow the process you'll get to that results that you potentially want right I think that's a fantastic answer and a final question before we wrap up Ed why why do you think you win when the vast majority of people lose because I have more experience people are people try to to people underestimate what they can do

54:16 in five years but they overestimate what they can do in three months so I I only have more experience than than people that are starting so that's why I can make money and they don't and and they don't let them themselves learn just because of the expectations of making money they want quick money they want okay I I want to press a button and and and this thing spits on me 100 bucks or 200 bucks and that's not the way it is

54:45 like it will spit the the money whenever you master it whenever you have the skill whenever you you understand that the market will do whatever they want and you'll just there to take advantage of that move but they will do whatever they want and and they're not there for you I see so many people like maybe entitled in a way just because they studied a few courses they they they think they they are above the markets and it's not

55:18 that way you know so I think people have to get that experience people have to study a lot to catch up with me because I've been doing this for nine years so if you have two years or one year in I might have a little bit more Advantage than you just because of just because I've seen more but it's not because I'm smart it's not because I'm you know faster than you whatever I'm just a little bit more experienced and I

55:49 think that's what people should look for makes all sense is there any do you want to give a mention to the to the trading room are you in a trading room are you are you running a yeah we have we have a room in you know that I teach in Spanish we have this room called stocks trading Club I trade live with my Alpha group every day and and I try to coach them in the best way possible and yeah man I

56:14 think it's really important for you guys to to join a community and that resonates with you I've been all over like I've been in every single Community there is just because I I I understand the importance of learning and apply that knowledge to to to the to the markets in order to get that experience and you will start tweaking your own thing and O of course I want to mention

56:44 Kimo that I'm a fan of it thanks to Kimo I've you know I can reach out to people that are above me below me my peers whatever so I can improve my training in a way so really props to Kimo because the Carl knows what he's doing so I really appreciate you taking the time to be on the podcast I really appreciate you being the Premier

57:14 guest as soon as I found out as soon as I saw you on the leaderboard I thought he's the man he's the man that want to get to kick things off so appreciate it I hope to God to be catching up with you in in a few years again I hope my trading situation green on the year but I hope I hope it's a bit more than a few hundred bucks and and I get there in the

57:32 end as well but I just wanted to say thanks so much Edie you're an absolute tribute special person for the trading community and you're you're one of the people that always gives back so thank you so much thanks to everyone who's watched please leave comments Below in the description I any comments that you want and we're try and put them to Ed or put them in a in the next session well guys just wait one second I just do want

57:54 to remind you all Center Point Edge offering is available to everyone we've got the link just down below in the description check it out and thanks for watching