Romeo tpt turtle soup course

Summary

In this recording, the speaker delves into the concept of time in trading, particularly focusing on how the timing of buying and selling can be more critical than the price itself. Emphasizing that everyone learns at their own pace, the session encourages viewers to repeatedly review and apply what they learn to truly grasp trading strategies. While disclaiming that this isn't financial advice, the session aims to educate on chart reading and price action, urging learners to stick with it through practice and patience. It highlights the importance of understanding time divisions like open, high, low, and close for better trading insights.

Highlights

• Third best decision of your life? Joining this seminar! 😂
• Time is more important than price in trading. Imagine buying Bitcoin at the right time! 🕰️
• Success comes from using even a small chunk of information effectively. Use those 10 words that make sense! 🎯
• Repetition is key—watch, learn, and trust the process! 🔄
• It's all about the boring stuff; understanding the basics like Open, High, Low, Close can level up your trading game. 📊

Key Takeaways

• Join the journey: This session is a deep dive into time, one of the critical axes on your trading chart! 🌊
• Timing is key: Buying at the right time can be more crucial than focusing solely on price. ⏰
• Keep learning: Everyone learns at their own speed. Watch, rewatch, and keep applying what you learn. 📚
• No financial advice here, just insights on reading price action and charts. 💹
• Understand the basics: To fully benefit, you need some foundational knowledge of ICT's concepts. 🧠

Overview

Welcome to an engaging exploration into the importance of time in trading! This session embarks on a cosmic journey through the trading universe, making your decision to join this seminar one of the best choices ever. It's not just about price; timing your trades correctly can be the magic wand that turns losses around and maximizes gains.

Prepare to unlearn what you thought you knew about trading because this isn't your regular financial advice lecture. Instead, it's an enlightening discussion that offers tools to read price action and understand charts. Even if it all sounds like Greek the first time, keep watching—persistence pays off in trading!

With the right amount of dedication, and knowledge of fundamentals like ICT's concepts, everyone can taste the sweet nectar of trading success. Patience, practice, and a deep understanding of time will guide you to trust price patterns like never before, turning deserts into trading oases.

Chapters

• 00:00 - 01:00: Introduction The introduction starts with a light-hearted statement about the 'third best decision' one has made, humorously involving following the speaker on Twitter and joining the seminar. The session promises to cover an unspecified method, setting up for the discussions ahead in the seminar.
• 01:00 - 03:00: Time Aspect in Charts In this chapter, the focus is on understanding the time aspect of charts. The discussion revolves around how charts are composed of an X-axis, which represents time, and a Y-axis. The previous chapter dealt with price, whereas this chapter delves into how time is represented and used in chart analysis.
• 03:00 - 06:00: Disclaimers and Learning Process The chapter introduces some disclaimers and elaborates on the learning process, particularly focusing on the concept of time. It briefly mentions the importance of understanding price before diving deeper into how time factors into the learning process.
• 06:00 - 09:00: Study of Price Action The chapter titled 'Study of Price Action' focuses on understanding how to read and anticipate price action in financial markets. It emphasizes the skill of predicting how price candles form before they actually appear, though it clearly states it's not providing financial advice but purely discussing analytical techniques.
• 09:00 - 12:00: Credits and Importance of Time This chapter emphasizes the value of extracting practical insights from the content. It suggests that even if a viewer gains only one useful piece of information from the content, which could last up to four hours and is divided into multiple parts, it can be considered a success if implemented effectively into their trading practices.
• 12:00 - 15:00: Divisions of Time The chapter 'Divisions of Time' discusses the necessity of discernment when consuming information, particularly on platforms like Twitter and Telegram. It emphasizes that not all information will be immediately understandable, but even a small useful part can be valuable and applied.
• 15:00 - 20:00: Open, High, Low, and Close (OHLC) The importance of understanding and making use of key concepts for successful trading is emphasized. It suggests focusing on critical information, even if it's a small portion of the overall content. Repetitive learning, such as watching instructional material multiple times, is highlighted as a useful approach to grasp essential trading strategies.

Romeo tpt turtle soup course Transcription

• 00:00 - 00:30 welcome to the third best decision you've made in your life the first one of course being following me on Twitter the second one is joining the method and the last one is uh joining this seminar quote unquote today we will discuss
• 00:30 - 01:00 time we will delve a bit into the time aspect of the charts because as we know the charts are made of both an X axis and a y AIS right in the previous one we had discussed price
• 01:00 - 01:30 pretty much um more than enough for everyone to know about price we did touch on time a bit but we're going to go a bit deeper into the time aspect now a few disclaimers to be made number one
• 01:30 - 02:00 this is not Financial advice we are simply discussing how to read price action right which is how to anticipate candles how they print before they print number two
• 02:00 - 02:30 if you find a single thing useful out of this video which is going to be uh about 4 hours I'm assuming maybe less uh divided into multiple Parts all right if you can find one thing useful which you can Implement into your trading then you have succeeded
• 02:30 - 03:00 and the same applies by the way to any information you read on Twitter on telegram me ICT Whoever Whenever you see someone offering information you either classify it as useful or useless it doesn't mean you have to completely understand what he's saying you can take one little portion of what he's saying and apply to your
• 03:00 - 03:30 trading to become successful right so that's important to note which is if I say 100 Words and you can only make sense of 10 words and use those 10 words for your benefit then you have succeeded some people might need to watch it twice three times four times like the last one the last one I had a
• 03:30 - 04:00 people I had a bunch of people telling me that they uh telling me that they they didn't get it the first time but the second time it clicked right or the third time and on the other hand I had some people who are telling me that they U that it clicked straight away so everyone is going on their own path don't compare your path to others
• 04:00 - 04:30 right some people are faster and some people are slower but if you stick around long enough then you will eventually reach the end of the race nice voice crack third of all
• 04:30 - 05:00 when you're learning A New Concept then you don't just go and watch it once you know open decline rally OT rally you don't just watch it once and start putting your money on it right
• 05:00 - 05:30 you watch it once you watch it twice you back test you forward test which is 10 times more important you grow to trust the price pattern to an extremely intimate level right in a way which even if I come afterwards and tell you you know what it's going to do this you're going to say no you're wrong I think it's going to do this because I've seen it this many times and I trust it
• 05:30 - 06:00 to do this in this way and nobody can deter me that comes with practice and consistency don't be the idiot who tries once fails and says [ __ ] this let me try something else tries once fails another strategy strategy hopping which is the majority and the majority are losers right
• 06:00 - 06:30 further uh disclaimers but this time I'm going to tell you what this is and what this is not now this is a that's right is is not this is and I know this these parts bore a lot of you but you got to deal with it
• 06:30 - 07:00 right the boring stuff is what matters and I'll leave some time stamps for for those who who are too lazy and want the strategy straight away this is a study of price action right this is a a discussion of how charts
• 07:00 - 07:30 move and you can use it for whatever you want you want to trade with it you want to Simply uh it's a hobby for you you want to whatever right each one of you who's watching is free to do what they want with this information what this is not it is not Financial advice
• 07:30 - 08:00 it is not Enigma it is not the key to $100 billion right nope it's simply a study of price and a deeper delving into not the deepest but deep enough delving into time and turtle
• 08:00 - 08:30 soup right now prerequisites pre requisites
• 08:30 - 09:00 in order to benefit completely from this material you have to be at least familiar with ict's Concepts again I'm not a uh in most of the stuff IC has taken a lot of the knowledge which existed beforehand and summarized it into his little smart money concept
• 09:00 - 09:30 right which is why you can say that I use his stuff for most of my trading so he should be considered your source and me I am a supplement all right number two preferably you have taken the
• 09:30 - 10:00 method which is level one details with secretary in the pinned messages of the telegram account which exists at the moment of this recording and third of all you must have the will to learn cuz without these three things especially number
• 10:00 - 10:30 three you will never make it and you will fail all right now stop recording nope remove all drawings
• 10:30 - 11:00 of course credits to whom credit is due ICT Chris Lori Larry Williams WD gan
• 11:00 - 11:30 Elliott Richard woff and whoever else contributed to the accumulation of knowledge of price which we have today and before and if you bought say ICT ICT
• 11:30 - 12:00 this ICT that go and read about everyone else right and many more by the way right these are some just some major uh notable people but before you open your mouth with parting nonsense and this is specifically at a few people then go study and read the other people which existed in this field which is trading after you have delved deep into
• 12:00 - 12:30 their content and seen the and you've measured out the battlefield you've seen what's going on you've seen what what each person offers then you can open your mouth not [Music] before anyway now we we delve straight we delve right into the topic
• 12:30 - 13:00 the importance of time why is time important importance of time why is time important to demonstrate the importance of time I like to use the good old example right which
• 13:00 - 13:30 is classic age-old example which is um John bought Bitcoin at the price of 13,000
• 13:30 - 14:00 John suffered an instant 50% loss from his purchase price right Ali bought Bitcoin at the price of 13,000 and Ali or Ali in
• 14:00 - 14:30 Arabic made an instant gain of 3x they both bought at the same price the only difference was the time of the purchase right now if that went over your head then then rewatch it again and realize
• 14:30 - 15:00 the importance of that right so they they both bought at the same at the same price level the only difference was time the time of purchase which is why we say time is more important than price
• 15:00 - 15:30 are you buying at the correct time because the price could be right but are you buying at the correct time or no now how do you define the correct time there is multiple ways right you can do it through price or
• 15:30 - 16:00 through time before we get into it let's first talk about the divisions of time the divisions
• 16:00 - 16:30 of time when I say time then I'm referring to either the Open high low and
• 16:30 - 17:00 close the IPA data ranges time cycles and important dates for swing Traders important dates right so to the day a certain
• 17:00 - 17:30 day for this teaching we are going to be focusing on the Open high low and close aspect of time right which by itself is an extremely complete approach to time right the ID dat ranges which are not only ICT by the way
• 17:30 - 18:00 there's uh a certain person he took it from right refined it quote unquote and uh claimed it as his own IPA data ranges the algorithm which is being marketed as having been coded whatever nonsense that is uh simply just uh copy paste from X copy paste from
• 18:00 - 18:30 Y and boom call yourself the engineer of the algorithm real cool for these I may be talk about talking about these in the future but uh the core content has a good by uh the Inner Circle Trader it has a good uh teaching about them for now we are going to be focusing on the open the high low and the close aspect of
• 18:30 - 19:00 time these two you can forget about them for now
• 19:00 - 19:30 now what is the open the high the low and the close o h LC or olhc right this is for a bearish candle the open the high low and close and the open low low high and close is for a bullish
• 19:30 - 20:00 candle right