MicrosTrader Trading Library

Lesson No. 025 · Trade Setups & Key Levels

Wait for the Second Ladder

The single trade George would take above all others… the pullback that proves itself before you commit a dollar.

Taught In 170+ Recorded Sessions
2022–2026
TEACHING LIVE SINCE APRIL 2018 LAST TAUGHT AUG 27, 2026 EVERY CLAIM LINKS TO THE RECORDED SESSION
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A ladder is proof. When price drops into a Strong Level and then steps back up in a clean, snappy sequence of higher lows, that’s a ladder. The first ladder is the first attempt off the level. The second ladder is the retest that confirms the first one held. George buys the second ladder, and he calls it his favorite trade in all of ES E-mini futures. Why the second and not the first? The second one already proved the move.

From the tape · Nov 26, 2022

“I don’t take the first ladder, I want to take the second ladder.”

— GEORGE, LIVE SESSION · WATCH THE RECORDING ↗

This page gathers everything George teaches about laddering and pullback entries across hundreds of hours of live ES and MES micro futures sessions… what a ladder is, why the first one is the most dangerous, the strength hierarchy that ranks them, and why the second rebuy earns big leverage while the first earns caution.

01

What Laddering Actually Means

Laddering is confirmation you can see. Price comes into a level, takes some heat, and steps back the other way in a stair-step sequence of higher lows. Each rung is a ladder. The signature George wants is snappy… fast, decisive candles that leave Fair Value Gaps behind on the way up. A slow, mushy drift back to the line does not count.

From the tape · Dec 9, 2024

“The proper play here is to look for evidence of laddering back up against the bull bear line.”

Here’s the discipline. Do not enter because price is sitting where you wanted a long. Location alone is not a signal. Make the market prove it. On March 28, 2025, George paid for skipping that rule… “it made me miss the short because I prediction traded this long instead of waiting for the ladder”. The candles have to actually show the ladder, or the answer is no trade at all.

From the tape · Nov 9, 2025

“Did this laddering happen in the actual candlesticks? Did that happen? No. So, what is this? This is a no entry.”

Up candles do not qualify either. Green candles below the Bull Bear Line tempt traders into weak longs every session. George wants trade location plus laddering before he trusts a bounce… “Don’t get excited by up candles. Wait for laddering” (June 25, 2026). This is the same patience that powers making price come to you.

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02

The First Ladder Is the Most Dangerous

The first bounce off a level looks like a gift. It’s a trap. That first attempt is price testing the line for the very first time, with no proof it will hold. George is blunt about it… take a first ladder and you’re taking the riskiest entry there is.

From the tape · Jul 15, 2025

“First ladders are the most dangerous. You kind of want to wait for another ladder… Second ladders give you a bit of a confirmation of a move.”

There is one honest advantage to the first ladder, and George names it. The stop sits close. On March 6, 2026 he took a small first-ladder long and said so plainly… “First ladder longs are risky. The thing I like about first ladders is usually the stop is low”. If you insist on that first touch, keep it small, keep the stop tight, and place it just under the low of the reclaim wick.

From the tape · Jun 11, 2026

“If you took that first ladder, I would have your stop under the low of that wick and hold on.”

The tradeoff is real and worth stating in one line. The first ladder pays the best price and the smallest stop. The second ladder pays confirmation, at a worse price… “First ladder gives you the best price and usually the smallest stop. The second ladder gives you more” (June 16, 2026). Confirmation earns George’s size.

03

The Second Ladder: George’s Favorite Trade

Ask George to line up every setup he trades and pick one. He picks this one. The second ladder up, the second rebuy, is where he goes big and front-runs the level, because a clean second chance rarely comes twice.

From the tape · Nov 26, 2022

“If you made me line up my trades for my absolute favorite trade, this is it. Second ladder up, third ladder up with strength. I will front run it and I will go bigger.”

The logic runs simple. George skips the greediest level and the bottom-hunting. He wants the meat of the move, and the second ladder sits right in it… “what excites me the most in all honest is the second ladder… there’s plenty of profit in the meat of the move, you do not have to be early” (Feb 24, 2025). Being right beats being early, every time.

From the tape · Oct 19, 2025

“You never have to be the first one long. There’s plenty of meat on the bone on the second and third ladders.”

The pattern George looks for is a full sequence. Price comes to an area, bounces at Fair Value Gaps, and ladders up… and he believes the money lives in that second rung. “It does a ladder and I believe somewhere in that second ladder is your money. That’s why I think second ladders are really great” (Oct 1, 2025). Patience often pays better than being early. How many times do you enter too soon and it costs you?

04

The Ladder Strength Hierarchy

Not all ladders carry the same weight. George ranks them by where the bounce happens relative to the Fair Value Gap and the break level. A bounce off the back side of a gap is strength. A bounce off the front side is weaker. A bounce all the way down off the break is the weakest ladder there is.

Ranking the ladder, strongest to weakest
Where it bouncesStrengthWhat it tells you
Back side of the FVGStrongestBulls defend high in the range. Real demand. This is what George hunts.
Front side of the FVGWeakerStill a bounce, but shallower. Less proof the level holds.
Off the break levelWeakestPrice fell to the break before turning. The weakest of the weakest… “nothing here yet.”
From the tape · Nov 21, 2022

“If it bounces off the back side, this is strength. This is much less strength off the front side. The weakest of the weakest… I want it to bounce off the back side.”

How does George confirm which rung he’s looking at? He drops time frames and hunts for evidence. When he expects a move off a powerful level, he zooms down to the 15-second chart to see whether the laddering is really there… “let’s drop to a 15 second. I don’t have anything, so I’m just going to delete it and go, okay, it has not proven to me it’s going north”. No evidence, no entry. The chart makes the call.

One caution on the deep end of the range. Multiple ladders down into a zone can offer the safest entry of all, because the flush is finished and the risk is defined. But push too far and it turns dangerous… on a hard rotation lower, George warns the deeper part of the range demands real care before you commit.

05

Snappy Ladder-Back Price Action

Speed matters as much as location. A ladder that drifts back slowly is not the same as one that snaps. George requires aggressive, snappy laddering that rips a level apart and leaves Fair Value Gaps in its wake. That’s the tell that bulls are truly defending, and it’s a fixed condition on many of his mapped Battle Plan longs.

From the tape · Dec 18, 2025

“Here I said trap the trader, the long off the RTH low perhaps tapping the next strong level. Perfect. Require snappy ladder back price action. You got it. Otherwise, give me battle plan three, which is further below.”

Miss the snap and the setup deactivates. On July 1, 2026 the price action was not the same as the clean laddering from earlier in the week, so George stood down… “I need to see more clean laddering before I entertain a long”. What tells a real laddering low from a plain one? The wick and the Fair Value Gap left behind. A low that leaves a wick and a gap is worth a second look. A plain low is not.

From the tape · Mar 28, 2026

“What’s different about this low than these lows over here? The wick and the fair value gap. That’s what’s different. Something that should make you go, hmm.”

One favorite pattern deserves its own mention. The gap-down ladder-back. When ES E-mini futures gap down on a Sunday and then ladder steadily back into the prior range, George lights up… “one of my favorite things is when we gap down on a Sunday and we look for a ladder back trade… I love those gap down ladder backs” (Apr 25, 2026). Make a new low, then ladder back above the level. That’s the shape he trusts.

06

You Don’t Have to Be First: Shorts, Knife Catches, and the Count

The second-ladder rule runs both directions. When control flips down, don’t grab the first short. Wait for the second ladder back to the south. George states the mirror rule flat… “don’t short the first short, short the second short” (Nov 15, 2024). And when bulls control, only take a second-ladder short, never the first pullback.

From the tape · Jun 26, 2026

“On this down move here, no knife catching. Let’s wait for a second ladder… if you were waiting for a second ladder long, which is what you should have been looking for for safety, your account was not at risk at all on this entire down move.”

That’s the deeper gift of the second ladder. It keeps you out of the falling knife entirely. When you’re prone to calling tops and bottoms, waiting for price to reclaim the second Strong Level protects the account while everyone else catches the flush. Read the full rule in No Knife Catching.

How many ladders should you count before you engage? Some days, more than you’d like. George will hold out for a second or a third… “I would count this as the first ladder. But now I want to see a second one. And to be honest, I might be a third ladder guy today” (Nov 4, 2025). On a hard down day, a “vomit day,” expect three to five ladders down on the three-minute chart before the turn arrives.

There is a floor on all of this. Get past about the third ladder in a falling market and George stops shorting entirely… he waits for the turnaround. Counting ladders is patience with a purpose. Every extra rung is more proof, and proof is the whole point of this setup. It pairs naturally with the discipline of knowing when not to trade.

✦

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Q

Frequently Asked Questions

What is laddering in futures trading?
Laddering is price stepping back up off a level in a clean, snappy sequence of higher lows after it takes some heat. Each rung is called a ladder. George uses it as visible confirmation that a level is holding before he enters, especially against a Strong Level or the Bull Bear Line. If the laddering does not actually show up in the candles, there is no trade.
What is a second ladder entry?
A second ladder is the second time price ladders up off a level, confirming that the first bounce held. It’s George’s single favorite trade in ES futures. He passes on the first ladder, waits for the second rebuy to prove the move, then enters with larger leverage because the setup already showed its hand.
Why is the first ladder the most dangerous entry?
The first ladder is price testing a level for the first time with no proof it will hold, so it carries the highest failure risk. Its one advantage is a tight stop that sits low, just under the reclaim wick. If you take it, size small and keep the stop close. George prefers the second ladder because it trades confirmation for a slightly worse price.
What is snappy ladder-back price action?
Snappy ladder-back price action is fast, aggressive laddering that rips a level apart and leaves Fair Value Gaps behind on the way up. It’s the signature George requires to trust a bounce. A slow drift back to the line does not qualify, and green up candles alone never do. Trade location plus snappy laddering is the standard.
Which ladder is the strongest for a long entry?
A ladder that bounces off the back side of a Fair Value Gap is the strongest, since bulls defend high in the range. A bounce off the front side is weaker. A bounce all the way down off the break level is the weakest ladder there is. George drops to lower time frames, sometimes the 15-second chart, to confirm which rung he’s actually seeing.
How many ladders should I wait for before entering?
At least the second, and sometimes the third. George will count ladders and hold out for confirmation rather than grabbing the first bounce. On a hard down day you typically get three to five ladders down on the three-minute chart. Past about the third ladder in a falling market, he stops shorting and waits for the turnaround.

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Parting shot · Oct 19, 2025

“You never have to be the first one long. There’s plenty of meat on the bone on the second and third ladders. Patience often pays better than being early.”

— GEORGE, MICROSTRADER · WATCH THE RECORDING ↗

Part of the MicrosTrader Trading Library… every teaching mined from George’s live ES & MES futures sessions on YouTube. Futures trading involves substantial risk of loss and is not suitable for every investor.

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