How to approach the No BS Day Trading material

Thanks so much for purchasing the webinar. You did

the research. You think I have something of value to teach
you. You bought the ticket. Now it's time to take the ride.

At this moment in time, the reality is that you do not

know what you are going to learn from this webinar
material. You do not know if I'm going to be able to light
your way to trading profits. You do not know if you made a
good decision in purchasing it. You have taken a leap of
faith because you are willing to spend money in order
make a lot more money. You are willing to try something
new and you hope I can help you.

This is what I can promise you. Nothing in this

material is theory. Everything that I am going to show you
is based in reality. I cannot guarantee your success
because there are many, many variables which come into
play and most of them are outside of my control. Things
like your bankroll, your discipline, your dedication, market
behavior, etc. But I can show you how to get the edge. I
can show you how to put the odds in your favor. I can
show you that every trade is most definitely not a 50/50
coin flip. I can tell you that this methodology as a whole
does work over the long run. You just have to give it a
chance and actually implement the strategies as they are
taught.

Many years ago, I was in the same position as you

are now. I have read ten trading books in a week. I have
spent money on courses which didn't teach me anything
new. I have purchased seminars which not only didn't
teach me anything new but instead taught strategies which
guaranteed losses in the long run. I have opened accounts
and closed them multiple times after consistently losing
money. I relate to your situation. I've walked the walk and I
remember what it was like.

There is a video in the starter set called "Interview

with a successful No BS student". It is me interviewing a
student of mine who has officially turned the corner and is
now trading for a living. He is 22 years old and in 2014, he
made more money than most middle class Americans.
This is true. He credits me with teaching him how to do it.
However, I know that he put in a LOT of time and work. He
spent everyday studying the markets. I put him on the path
but he walked it. He would trade for a few months, then hit
me up for review sessions. I would talk. He would listen.
Then he would go back to it. He trades 100% off the depth
of market platforms. Pure order flow. He has become a
really great trader. But he paid the price.

I have been helping another guy for about a year and

he's had some ups and downs while trading for a
proprietary firm. He recently wrote me and this is an
excerpt from his email.

"I have been pouring over your material. In particular,

the starter videos. I have been watching two a day and
pausing and starting and going back over stuff. It's
amazing how much you pick up on stuff you missed when
you go back over the material like just how important it is
to watch the bids and offers to really get a clue as to what
size is doing and when they are doing it as well as
watching the volume at price to see how many contracts
have been traded at a particular price. In truth, I didn't give
it nearly enough time and attention as it deserved the first
time round. But I will not make that mistake again."

The reason I'm sharing this is because what he did is

a common theme with webinar participants. I have been
contacted by people a year or two after they took the
course and they tell me how they just sort of "skimmed"
the material when they first received it. They didn't realize
how many nuggets of wisdom were in it and knowing what
they know now, they would have paid a lot more for it. And
that's the thing. There are certain ideas and concepts
which are not going to make sense upon your first viewing.
You will need to watch, then trade, then watch again, then
trade and continue that cycle for quite some time. It's like
anything else. It takes practice.

Much of your initial impression with this material will

depend on where you are in terms of experience. I teach
people at all levels. Some are brand new traders who
have never even placed one trade. Others have been
trading for years but typically not off the order flow. If
you've never traded, you're going to struggle at first. If
you've never traded treasuries, it's going to take awhile to
become familiar with how they move. If you've never
traded solely off the order flow, it's going to take awhile to
understand what you are seeing. Trying to scan multiple
DOMs at once is going to be difficult. The eyes and the
brain have to adapt.

I would ask that you give it a fair chance and

genuinely try to understand what I'm teaching. I'm not
patting myself on the back here or being egotistical when I
tell you that I have put together one of the most in-depth
trading courses available. If a course like this had been
available to me when I first started, it would have cut at
least six years off my learning curve. I would have
approached the markets very differently right from the
start. I am constantly adding documentation and videos
because I'm constantly trying to make it better. If a person
asks a question, I create a video to answer that question
because if one person asks, that means many people
probably have the same question. You may already be
familiar with some of the concepts but please know that
everything in this course is in it for a reason.

It may feel like I'm trying to sell you after you've

already been sold. You may be thinking, "Just get to the
good stuff, Grady." I'm not trying to sell you again or
lecture you. I just want to make sure you get as much
benefit from the material as possible.

You may, at first, disagree with some of the things I

say. I may tell you that you should do some things you do
not want to do. Like telling you to turn off the charts. No
one wants to do it. Charts are familiar. They make you feel
warm and fuzzy inside. You've been told from day one to
look at charts. How can you possibly turn off the charts?
I'm telling you that they are hindering your progress.
Turn…off…your…charts. Try something new. If charts
were that helpful, every technical analysis trader would be
rich. Turn them off for forty trading days. Do not look at
them for two months. Then turn them back on and tell me
what you think about charts. You will see the markets in an
entirely different way.

I'm placing emphasis on this because it's important.

Everyone takes away something different from the
material. Particularly on the first viewing. Try to not jump to
any immediate conclusions. A problem I have encountered
on multiple occasions is that someone will want instant
results and instant gratification. Most people do not fall
into this category but on some level, we all want instant
results so it's important to try and fight that emotion. We
have to look at things logically and realistically.

I'm not kidding when I say that, in the beginning, this

webinar starter material is far more crucial to your learning
than the two weeks of live sessions. The live trading has
its place but the starter material sets the framework. It's
the foundation. You have to have a thorough grasp on it in
order to understand the live sessions.

Live trading with an audience is somewhat of a crap

shoot. My results often depend on the action as well as if
I'm sticking to my game plan or if I'm attempting to force
trades where I don't actually see good setups just because
I feel like I need to show trades because people are
watching. I can have moments where I look like a genius,
moments where I look like an idiot and moments where I
acknowledge that I haven't the first clue as to what's
happening and therefore, I'm taking my hand off the
mouse.

If a person has very little experience with live trading

or with treasuries, it's hard to relate. For example, I was
running a webinar when the U.S. government decided to
shutdown in 2013. This obviously wreaked havoc with the
markets but not in the usual way. Instead of becoming very
thin, treasuries became insanely thick. We were watching
tens of thousands trade at every price. On one particular
day, sixty thousand contracts traded at one price without
the market up ticking or down ticking past that price one
time. I had never seen anything like it. There was no edge
to be had. It was impossible for me to trade. I added
additional days to that webinar which didn't help because
nothing changed for weeks and then I tried to make it up
to people with the next webinar the following the year.
Most people understood the problem. There is nothing I
can do in that situation. Hence the crap shoot with
scheduling live webinars.

While most people understood, there were a few who

didn't seem to get it. They kept asking why I wasn't trading
and I kept trying to explain. It was clear they had never
traded treasuries and didn't have much experience trading
in general but that doesn't help my cause nor theirs. The
thing to do in that scenario is not trade and preserve
capital. While that kind of situation is rare, we always
encounter slow days during the webinars. There will be
some days where I may only take one or two trades or I
may not fire at all. I'm mentioning this because I do not
want you to be surprised if it happens and I want to fully
explain why this is a crucial part of the methodology.

I am not teaching you how to risk 25 ticks to try and

make 50 ticks in the Dax. I am not teaching you how to
identify a large trend before it happens because no one
can do that. Trends become trends in the moment as
orders feed off one another. It's a domino effect. If the
action is good and the opportunities are there, I might
make 15 or 20 trades in a day but I am not guaranteeing
that you will see a lot of trades every day because this isn't
about the number of trades I make. It's about money. The
point of this webinar is to show you how I make money
trading. I make money by being very selective about my
entries. I make money by being very risk averse. I make
money by not giving away ticks because I'm bored. Like I
wrote in one of my blog posts, I try to be a cheetah which
waits for the lame gazelle. I do not charge into a pack of
warthogs because I want to be in on the action. It's about
consistent results and the bottom line. That's it. I'm not
saying that my style is the best or that this is the only way
to trade. I'm simply trying to explain why you are going to
see what you see and why this course is structured the
way it is.

I have a friend that traded in the options pits a long

time ago. He and I were recently having a discussion with
another friend who is not a trader and trying to explain
what actually happens in the trading world. Without any
mention of front running on my part, my buddy says, "All
you had to do was wait until you saw the Goldman guy
make a move. When he acted, you knew which way the
market was heading for at least the next few minutes."
That is superior edge. It really was that easy. He was
basically guaranteed to make money if he just waited for
those moments and didn't take some silly trade out of
boredom. Those pits no longer exist and everything has
gone to the screen but there are things like that which
occur repeatedly on the screens. Price action which tips
you off to future direction. Same concept. Different
battlefield. That is what I'm trying to show you.

I once read an interesting quote. It went:

"Words can never say what words can never say.

However, with the right reader at the right time, words can,
indeed, say what words can never say."

I have to go on the assumption that you are the right

reader at the right time and this material is designed for
you. You can do this. It can be done. But you have to treat
it like a real business. You have to give it the same focus
and attention that you would give to any business you
start. If you wanted to run a successful McDonald's, you
wouldn't casually skim through the information offered to
you by McDonald's. You would be making a significant
investment and want to receive a return on that
investment. You've made an investment with this course
and with the decision to try trading for a living. Becoming a
profitable trader can literally change the course of your life.
This course cannot MAKE you a profitable trader but it can
HELP you become a profitable trader. You just have to
take action. And I would ask that you not quickly dismiss
any of the ideas just because you don't see their
immediate relevance to your situation. Ultimately, it all fits
together as one big puzzle.

Onwards and upwards…