Full transcript (3312 words)
All right, let's break down how I made $55,883 on the day. What trades did I take? What was the beauty of this whole trading day? And this video is going to be a little bit different. It's not going to be like a your normal video. The reason why is because I am going to be breaking down the strategy so you can be confident next time to execute this. Plus, also at the same time, I'm going to be breaking down my entries, exits, why I added, when I added, and I'm going to also play the video of me taking these trades in the real time, and you can hear me jumping in and jumping out of the trades. But I'm going to break this down. This going to be a good video. So, let's get right into it. Uh, first thing, there's 55,000 on the day, and these are all my people who actually printed the day with me. So, I'm absolutely like, this is this makes me happy, bro. Um, check this out. >> THAT'S HOW WE SPY TWICE. IF YOU GUYS TOOK THIS PLACE, [ __ ] let me see some everybody. This is it. This is the time. Let's [ __ ] go. Absolutely insane. >> You see what I'm saying? This is what I'm saying. This is what I'm talking about, bro. Um, being able to to be at a position where being able to help other people print just as much because it doesn't change my life whatsoever. or if I'm making money, if somebody else is making money, it doesn't change the fact that I'm take losing my money. No, everybody else is making money and that makes me happy. So, let's get to the actual bits uh where how you can do this moving forward. Right now, as I said, I'm going to be playing a video of me taking these trades as well. Um, now the only crazy thing that I did was I pressed record after about 20 minutes in. As you can see, it's already 9:50 here. It was somehow I just forgot to press the record button. So I don't have like the right at the as soon as the day open. I don't have the recording of that. It just started recording about 20 minutes later. But what I'm going to do is there was only one trade that I took right at the market open. There was not a insane too crazy trade. It was super easy trade and the trade was S&P basketball. Essentially what happens this strategy basketball strategy is super simple. In order for you to understand this basketball strategy, you need to understand first what's um like why the psychology this basketball strategy works. Basketball strategy simply like you know how basketball has a base at the bottom like there's a little ground it's a base right that's exactly what it is. So every $50 mark like for example 7500 7550 7600 7650 every $50 the base is this big plus 2 or minus 2 that means 7500 + 2 7500 minus 2. So that gives us the range 74.98 all the way to 7502. If the prices are coming from further up comes into this range, the chances of it giving us a little bounce is significant and right at the market open that's exactly what happened today. If you pay attention now, every single morning when I'm trading, I'm watching 2-minut chart for the first 30 minutes of the market open that goes from 9:30 Eastern time to 10:00 Eastern time. Then I'm watching 5 minute chart from for next 60 minute from 10:00 Eastern time to 11:00 Eastern time. And then I am watching 10-minute chart from 11 o'clock Eastern time onwards. Okay. Now I was personally I was done trading literally I was finished with my trading first one hour into the market open. I was like 1 hour probably hour and a half I was done. Okay. Now let's talk about the trade. Now what did I say? As soon as the market open if it started dipping towards the downside gets to my range of this I'm going to take a play. And that's exactly what happened. This is 7500. I drew a zone around this 7500. As you can see this zone, it says 752 all the way to 70 74.98. This is the zone that I'm watching. Now, price action got into this um price action got into this zone right here. Boom. Took a small size, super small size, and we took a play towards the upside and I sold. Now, this trade essentially was simply a 20% trade. It was a quick trade. 20%. 20% means if you have a $1,000 position size, your $1,000 made you $200 in profit. That means $1,000 turned into $1,200. And within like we're talking 2, four, five, 6 minutes. That's pretty freaking good. You understand what I'm saying? So that was my first trade of the day. It's done. The second trade, I was waiting there. I was patiently waiting there for the next trade to come along, but nothing was looking really sexy. I was like, "Yeah, we got to wait. We got to essentially at this stage, we just have to wait, right?" Um anyway, so then the second trade that I started paying attention to was Tesla. And Tesla happened around, check this out. Tesla was already making a move. Tesla sold off right at the market open. What happened on Tesla was Tesla sold off. Check this out. Right at the market open, there was a 400 mark. Tesla got rejected of this and sold off all the way to 390.5. Now, I didn't of course catch this because I was catching SPY at the time. buy bounce and then it started bouncing and then 400 is such a huge whole number. It got about 400. I'm like, "Okay, this is nice." $400 broke towards the upside. And now I always like to see whenever there's a huge dynamite level, every $50 mark, I call them dynamite levels. Every $50 mark is called dynamite levels on the chart. So I personally like to see a five minute candle close on the other side of the dynamite for me to take a trade. Do you understand? If a fiveminute candle can close on the other side and then if it can give me a beautiful flag or something, I'll take the trade towards the upside. All right, that's my strategy. That has always been the case. So now if we have this, let's turn this on. So now if we have this $400 mark sitting right here, five minute candle was able to close above and after that it started giving me a little flag. And this is the flag that I'm talking about. If you pay attention to this chart right here, this is the 400 mark. After the 400 mark, it started giving me a little flag right here. Do you do you see it? Like this right here. And that is my flag that I was watching. Big move, a little flag pattern. And as soon as it broke towards the upside, I went long. Literally, I decided to go long the moment it broke my stop loss sitting on the other side. Now, here it almost hit my here, it almost hit my stop loss, but it didn't actually get triggered. So, I was like chilling. Now, you might be like, "Yeah, yeah, I'm just saying it." Bro, I'm not just saying it. promise you because let me show you because we have this recording right so I'm watching this and check this out roughly around I went on from a two-minut chart to five minute chart right here boom and I'm watching this Tesla check this out it's 10:00 and this is me talking five minute chart patient scandal looks good um I like Tesla I like Tesla um it formed it got above the 400 Then after that it pulled back the first thing went back and retest gave a little piece see there's a wick at the top but the chart doesn't look too terrible if we are trade above >> so so this is me about to talk about point uh 42.35 >> if Tesla gets above this level I'm jumping in and that was a similar that was the exact trade that I'm talking about if it gets above the level um >> okay so I'm watching four or five calls and then I'm in the trade and this is what happens. Um, check this out. I jumped into the trade and then the trade's like slowly pushing towards the upside. I'm pretty happy. Like by the way, this this is me, my twin. Um, and the trade starts moving in our favor. I'm I'm like checking my levels what where the price action can get rejected. I'm how comfortable I am. I'm chilling literally how comfortable I am. I'm chilling. I'm sitting back. I'm not like, you know, [ __ ] my pants when the trade's not moving in my favor. You got to understand as soon as you enter the trade, the trade doesn't have to go in your favor right away. You can chill, laugh around, talk around, and that is okay. You understand? A lot of people make trading this super complicated thing where you have to be like super serious. No, you take your work serious, but you shouldn't be serious. That's me. I love this quote. It goes something like, I love people when they take their work super serious, but they themselves do not take themselves serious. That is so me. I'm so chilling. I'm laughing. I'm joking. But at the same time, I do have I take my work very serious because it's not just me, my money on the line. There's thousand people that are trading with me every single day live. They're watching my screen in the real time while I'm executing the trades. It's, you know, it's not just me. If I make money, it's not just me making money. It's all of them. If I lose money, it's not me losing money. It's everybody's losing money. So, take my work super serious when it comes to back testing. I'm I'm the I'm literally you can never beat me. I'm back testing all the time. I'm refining my strategy all the time. I'm journaling all the time. I'm learning more about the market all the time just so my game can always be on the top. You understand what I'm saying? So, I took this trade and it is still pushing towards the upside. And I promise you there are still people in my chat right now who probably still have this Tesla trade as we talk. I promise you this. Um we can literally go out right now. I can ask people in the chat and let me let me just ask them in the chat right now. So I just ask in the chat and of course some some of them are crying. Hey, I'm crying too. I didn't hold it all the way. Um but like I wish I wish too. I promise you. Um he said me. So I said who's in spite who's in Tesla called say me. Me. Two three four five. That's pretty good. This is pretty good. You see what I'm saying? There's like still pretty freaking good. um being able to just let your runners run. And I'm [ __ ] proud of everybody, bro. This this is what's up. Uh but we sold I think I sold roughly around here. The reason why I sold there was because there was a critical indicator sitting like this 400 simple moving average was sitting right at the top on a five-minute chart. So I decided to sell. I got out. And you know, I'm I'm not the one who's going to be upset about because there's so so much you could always think of it like this. There is so much food on the table. Check this out. There's so much food on the table, you can only eat your piece. Eat your piece and let other people eat the rest of the piece. And that is what's up. And check this out. I'll show you right here. Um when Tesla started approaching my critical level right there right there is a critical level, guys. Just open open. >> This is me just talking about uh spy trade. And let me see if I can hang on. This is me just explaining uh there was a strategy there was a setup they were setting up on spy and I was like telling them how they should be executing the best way possible but that's this is not the point that I'm trying to explain here >> big critical level >> let's go forward a little bit >> okay then I paid attention to this test Tesla getting rejected at the 400 >> if it gives us another entry be good three contracts are sold at 5.71 one bicycle on that. Um, >> so I sold roughly around >> I just got out of my Tesla the whole thing. >> Um, bro, I'm recording a YouTube video. You're in the video now. Um, okay. So u this there's my um my friend. Um, all right. Thank you for the coffee, bro. >> Just got out of my Tesla the whole thing, man. Gives us another entry. So, I got out of Tesla at the top right there. Um, hey, I don't have to sit here and make [ __ ] up for the video, bro. I'm just trying to explain this, okay? Um, I'd say what I do and I walk the the reason why I talk the talk is because I walk my walk. All right. And then now comes our third trade of the day, which was absolutely beautiful, and you're going to learn a lot of lot from this trade, which was spy. Now, I didn't catch the biggest of the big move. I caught the move which was super [ __ ] sexy around this 750. This rejection was what I caught. This one big big rejection. I'm going to talk about this rejection to you right now. So, why did I take this play? Let's talk about it. All right. Uh first things first, let me see if I can show you this rejection set around this 750 mark at the top. Okay, check this out. Pay attention to this right here. And >> 750 price is still around 750. >> If 750 fails, this is the time to jump into the trade. Pay attention to this. >> What's the exact number at chat? 725.1 >> because Q QQQ hit 200 simple moving average on the hourly chart. That was a >> hit need a little rejection of that. So I'm sitting there patiently waiting. Okay. So, we patient >> last one minute. >> The final add in the last one minute. And this is it. Now, if if it goes pretty, you're good. All right. So, you saw me jump into the trade right there. Um the entry was simply 750 because 750 is sitting at the top such a huge critical level. Um I entered roughly around here which start you know because I wanted to add to the trade pretty nicely decently. Now at the top when it failed 750 started adding a little bit big um and took profits literally right at the peak. So as soon as it started rejecting check this out. I'm like okay it needs to fail this level. As soon as it fails this level I'm going to start taking profits. And then it started failing right here. Check this out. This is me. I prom I don't know if you can hear the full thing. >> I'm sorry, guys. I'm in the middle of the train. I'm going to [ __ ] this [ __ ] >> Order filled. >> Partially filled. >> Partially filled. >> Good. >> Partially filled. >> Good. Hold on, darling. >> All right. So, that's where exactly I'm taking profits. Check this out. I took profits and this is how the trade went and then it started bouncing and that was the bottom literally where I took profits and the trade bounced there and that was exact point uh my entry exit fully uh broken down and this is the beauty of actually trading live with me because you can you get to from this point onwards you're going to hear me get in and get out as well. Uh, before I had this audio off because it pissed me off. Order filled. Order filled. Order filled. Now I just turn this on because it's easier for my people to understand when I'm actually jumping in. Exactly. Jumping in, jumping out. Rather than they can be like, "Oh, bro, I didn't hear you say you are in." Now my broker will say order filled. So they know I'm in. Um, this is the rejection we got and took profits here. And then it decided to bounce. And then the bounce hasn't stopped. Absolutely beautiful, beautiful, beautiful trade. And I'm just so [ __ ] glad. Um these were the three trades I did 30 contracts roughly here. 30 and 30 and 30 another 60 added here. Took profits here at the bottom. Absolutely beautiful trade. Beautiful executions. And this was my day. Now why did I take this place? 750 reject. Such a huge whole number. And also QQQs had 200 simple moving average sitting at the top on this chart right here. Check this out. 200 simple moving average on an hourly chart sitting right at the top. Boom. I wouldn't wanted to take a rejection of this 200 moving average because last time when the prices got to 200 check this out what happened price had a massive bounce even here massive bounce so I was like just seeing okay previous uh previous support turning into resistance see if the resistance happens I was look expecting a bigger b bigger reject but I'm not upset you know we're still pretty good with we printed um but this was my basically trading day how I traded three trades nothing insane Tesla was insane 130% % 130% I don't know if you know 130% simply my thing was 130%. 130% is 130% that means $1,000 position size turned into $2,300. That means $1,300 in profit with your $1,000 position size. You know whosoever told you you need a lot of big money to be able to make money. No, that's totally wrong. You do not need big money to make money. You can essentially with options you can start trading with small money. can come make decent change you know um and then comes the spy trade spy trade was again I think 40 45 50% the reason um that is about that means $1,000 turning into 1,500 that's about 500 bucks in profit but this was my trading day I hope you enjoy this video if you do um please let me know in the comments and if you stay till the end just put 1% just say 1% so I know that you are the 1% because who I make these videos for and if you want to live trade every single day with me from this point onward check the first link in the description box below and let's get rich together. Man, you got this. Let's [ __ ] go.