Video summary

CRTology episode 1: SS

Main summary

Key takeaways

Finance

Purpose / Framework

The episode focuses on building a consistent weekly review + forward-marking routine for trading. It emphasizes using the Saturday/Sunday process to reduce mistakes during the trading week.

Schedule & Methodology (Step-by-Step)

Recurring timeline

Saturday (early morning): “Previous week review”

  1. Open the charts of the asset classes you trade.
  2. Record:
    • When the week’s high formed (day + exact time).
    • When the week’s low formed (day + exact time).
    • The shape/anatomy of the weekly candle, choosing from a limited set of possibilities, such as:
      • Pin bar
      • Bullish classic
      • Bearish classic
      • Sequences like down-then-up vs up-then-down
    • The key level (weekly or daily) where the high/low formed—described as the “launching pad” that produced the reaction leading to the extreme.

Saturday (also): “Execution mistakes checklist”

Write down whether you:

  • Over-leveraged
  • Risked more than permitted
  • Took more than the permitted number of trades
  • Traded out of boredom
  • Closed too early (exited around/before target; mentions exiting around break-even)
  • Exited too late (let price reach target, then it reversed back to the stop loss)
  • Predicted the prior week’s candle incorrectly (and why)

Sunday (early morning / less rigorous)

  • Check whether the prior week:
    • Closed above or wicked above the week before it.
  • Avoid chasing wicks. The episode stresses that in bullish markets, wicks tend to be filled, and traders should not ignore:
    • Key level pairing
    • Market structure requirements
    • Market profile requirements (highlighted as a crucial topic to cover later)
  • Mark the calendar structure on the chart:
    • Mark Monday with a vertical line
    • Mark Sunday and Saturday
  • Mark:
    • The previous week’s highs and lows into Monday
  • Anticipate the next candle shape using criteria (not guesswork):
    • Up candle, down candle, or inside candle
  • As the week unfolds, observe how price reacts to:
    • The previous week’s highs/lows
    • Liquidity pools / “liquidity”
    • Whether they are touched and what behaviors result (e.g., up-down, down-then-up, down then consolidate, inside week)

Key Recommendations / Cautions

  • The trading goal is weekly error reduction: “iron out” mistakes week by week and month after month until errors are minimal (but never “no mistakes”).
  • Execute only when your model criteria are met; don’t trade just because “the market is open/moving.”
  • Don’t let wins create overconfidence or losses create fear—stay pragmatic.
  • Don’t chase wicks. In bullish contexts, wicks are often mean-reverted/filled, and you must confirm key level + structure + market profile alignment.
  • Don’t confuse behavior/emotions with “business”: “Trading is a business.”

Performance Metrics / Numbers

  • No tickers, prices, yields, multiples, or portfolio performance metrics are provided.
  • No explicit quantitative targets are stated; the focus is on process tracking and behavioral controls.

Disclosures / Disclaimers

  • No formal “not financial advice” disclaimer appears in the provided subtitles.
  • The speaker emphasizes that following the instructions benefits the viewer, using a strong framing (i.e., if you lose, it’s your loss / they won’t suffer), rather than a legal disclaimer.

Tickers / Assets / Instruments Mentioned

  • None are mentioned (no stocks, ETFs, bonds, crypto, commodities, or indices).

Presenters / Sources

  • Single presenter: an unnamed speaker referred to as “I” throughout.
  • The speaker mentions their program/series but does not provide a name in the subtitles.

Original video