Veteran Wall Street Trader Exposes the Strategies of Wall Street

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So to anyone reading this and glossing over it and they are still struggling to be a consistently profitable trader. What he’s saying is drop all those predicting the market stuff and start fresh everyday by analyzing where the market currently is and what it is doing now. After that, you pick what direction you think it’s gonna go and then frame an entry model in that direction. The reason why traders have that intuition of knowing what the market wants to do but always missing the move is because they don’t have an entry model. Or they jump in too early and get washed way. The key is to have an entry model that uses stop trigger. You ask, how do you see stops. Well he said it, they go to a level and create liquidity. So wait for liquidity to get ran, then trade an opposite candle break. So if you’re trying to sell at resistance, wait for bullish candles low to break. That can trigger momentum change.

I hope this helps someone out there that is still struggling with trading.

Victor-Ike
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So the winner is  Michael J. Huddleston

Hari-jjmn
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So basically what ICT has been teaching from the early 90s

truthprevails
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Where are all those ICT haters now? Michael, you are the man!

MoAtlas
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Ict been telling yal the truth but the haters and the jealous traders call him a lair than steal his information like they came up wit it 😂😂😂😂😂😂😂this y ict is the best out here

Handlemyballs
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If the microphone doesn’t have a lambo, I don’t want it

MK-mduq
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What was the "strategy" that he exposed? All I heard was an 8th grade level explanation of market liquidity

junglecat
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Premium (Supply), Discount (Demand). Liquidity pools are where Traders that are already in the market have stop losses. The Big Boys will snatch them stop losses up before they push price up or down

SlappyBoy-mywr
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This is why I switched to being an algo trader, learned how to code and everything changed for me . I couldn’t beat em so I joined em

gavinlara
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But the algorithms also have a trigger point of when to go long and when to go short. And there are shorter-term algorithms and longer-term algorithms. 3-4 steps up and one step back is classic algo action.

HateDietPepsi
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This is also why 70% of all gaps made on index funds get filled within the first 3 hours of the gap being open

LiquidityNeeds
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So basically, buy at support, ’sell at resistance

ryguyiskindofaflyguy
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gotcha😄😄😄 thank you for sharing, now this video has just made my trading even more effective

trendy_
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Hey PSSSST! Now I want your signatures both on that toy Lamborgini AND the miniature bull! 😁

usaever
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Who owns and creates the algorithms, though?

ee
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What about the song in the background. Very interesting but dont remember what name is.

josueaguilar
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after algorithms comment the rest needs more explanation. what does he mean by premium level and discount level and what is liquidity? then how does it create liquidity?

Whyaretaxespayingforcorr-ccsr
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Algorithm only let's you bring consistency of strategy....what moves the market is to know how much more to buy or sell so markets can be moved in a direction you want it to move....

rajk-qkne
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This is for intraday right? Thats why I switched to positional trading.

jinfin
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the microphone Lamborghini is to much original😂 ❤

xavcore