Dear Market Flow Trader Family,

After two weeks of Nana Duty in Kentucky, I am glad to be back in Florida, where I can enjoy grown-up music, food, and books vs. nursery rhymes, chicken fingers, and Dr. Seuss! My love for my grandbabies is inexhaustible, but my ability to keep up with them has limits.

Our second son’s son, Mac, is a wobbly ten-month-old, new to walking, and his desire to explore his surroundings exceeds our ability to keep him off stairs, out of cabinets, or from eating crayons, Play-Doh, and hair gel! We decided, instead of a literal cage, we would section off the house with a strategic number of baby gates to keep him within sight of an adult. Sometimes, boundaries are important.  

"The man who moves mountains begins by carrying away small stones. ~Confucius

If you are new to trading, last week’s six percent market move was a novelty. Certainly, Patrick doesn’t have $20k green days every day. But Wednesday’s Fed Meeting led to some re-pricing across all markets. After enduring a fifteen percent drop (almost 600 points ES) from July’s highs, some noted we were due. Our last Monster Move was back in June when I recorded my “personal best” day, week, and month, so we know those moves come. However, I want to temper your excitement and hopefulness with the appropriate amount of caution: big days involve big risks, and the newer you are, the greater your potential for loss.

We are Market Flow Traders. We saw A LOT of green at the Live Trading Desk on that big move, but if you were red on Wednesday or Thursday (hopefully in simulation), your immediate concern should be improving your trend recognition. Draw your High-to-Highs on the hourly chart, MFT style, or use a moving average cross. Patrick just posted a  on intraday Price Action that is MUST-WATCH.

These are building-block concepts you should give the time they deserve. Save the contrarian moves for the pros. As you are learning, trade WITH the market.

Just as there is a difference between one who plays golf and a Golfer, there is a difference between one who trades and a Professional Trader. The difference is commitment. Do you romanticize the idea of $20k green days, or are you dedicated to taking the baby steps required to learn a system? Which mindset has the best chance of providing long-term security for your family?  

Thursday, Patrick, Reven, Taylor, and Kevin got together for a Live, Exclusive, Members-Only Expert Panel event, sharing their stories, as well as their long-validated tips and tricks, daily prep, setups, and executions. There was A LOT of valuable content. If you are a newer trader, you must wait to implement their 60+ years of experience into your plan. Neither could you watch Scottie Scheffler or Rory McIlroy on Sunday and qualify for the PGA Tour on Monday. Still, it’s nice to have these seasoned traders contributing to and investing in our success.

"Successful people… in whatever walk of life, they’re the ones who work the hardest. I realized that if I wanted to be the best, I’d have to do the same." ~ Rory McIlroy

When you watch or rewatch the Expert Panel Event, you’ll see that each panelist invested much time to bring value to the conversation. These guys have genuine empathy for your process and a passion for your success. When I hear Kevin plead with you to follow the rules, stay in simulation, and not risk real money, know that he was once where some of you are: struggling, losing, without a clear direction, until he finally found a mentor. 

When I shifted my focus to day trading, it took a whole year to find consistency on the smaller time frames. It took another year to take my heart out of the game—to go from setup recognition to execution without balking. Now, after eight months of trading The Market Flow Trader setups, I find them as simple to identify and as reliably profitable as any (more complex) tool in my toolbox. I can only write to you each week because I believe in the MFT system.

Sometimes the road seems long, but I am grateful that others have paved it. Take those baby steps. Rise to the challenge. Listen to the wisdom of the elders, and feel the support of your peers. Tomorrow, we will gather at the Live Trading Desk. Some will crawl, some will walk, some will run. Together, we will sow good seeds in good soil so that one day, we can all enjoy the sweet fruits of our labor.

To Your Success, 

SherylTrades