Thank you thank you thank you thank you Oh brother oh brother oh brother oh brother oh brother oh brother. There's literally nothing else for me to say besides oh brother. Today I have not been having a good trading day I know I left you in good spirits and you're probably like hey, Matt's gonna have a good day I bet he makes some money. well that went out the window that's for sure it's been.

Uh, your boy's not having a good day so we're gonna see if we could degenerately trade to get back to break even by market close. it's I don't know why I do this to myself like I I just I give myself all these pep talks I'm like dude, just stick to play and just stick to the plan. Stick to the plan and today I was sticking to the plan and unfortunately sometimes your plans are never going to be 100 you you. It is impossible to trade with 100 accuracy in the market so sometimes you're gonna lose even though you stuck to your plan and my recent issue has been I stick to my plan and I get like I'll take a loss like a normal expected loss and then on the next trade I go a little bit bigger to try to more so quickly make it back but still following the system and then unfortunately with the system I had two system trades today that went against me even though I stuck to it and it just blew me the up and now like and now I'm just here.

I'm so dumb Here We are here we are. Well, we'll see how it goes, we'll see if we can make it back. It's just so dumb. So dumb.

Well we have to get ready. We clearly have to get ready because it feels like we're gonna have a crazy Power Hour and it also feels like tomorrow is going to be nuts. We have the CPI report. The Consumer Price Index report comes out a half hour or excuse me at 8 30 a.m an hour before the Market opens tomorrow.

If you're watching this for Power Hour on Monday February 13th, please understand tomorrow Tuesday February 14th AKA Valentine's Day An hour before the Market opens, you are going to get the next inflation report, which will have very large ramifications on what's going on with the FED Are they hawkish? Are they dug it? dovish? And how's it going to have an impact on the overall market? So it's going to be one of those kind of days where uh, going into clothes like weird chop like we pushed up pretty much all morning and then by the time we got to midday. If you haven't seen the market yet today, kind of just grinded sideways a little bit of down, a little bit of up. Recently it's been selling off which I don't think is that crazy just because as we get closer to the end of the day I think it's easier mentally to think about it such as this. as we get closer to the end of the day, we're closer to like normal Market hours being over.

And remember, with reports like tomorrow the CPI report before the Market opens. there's inherent risk of carrying that position overnight. So I think you can have some people and it doesn't always have to go this way. I'm just throwing out a conjecture.

Some people like to make a lot of bets into clothes they do. but also sometimes before a binary event as in is the report going to be or not going to be. You see positions closing. Now it could be long positions which if they close it causes it to drop.

or it could be short positions closing where if they get out, it causes it to go up. So just because people are closing, you shouldn't necessarily associate that with bullishness or bearishness. It's more of who's closing are the Bulls closing are the Bears closing and also it doesn't always even have to go that way like granted. I think a lot of bigger money doesn't want to take the risk of uncertainty.

Um, that is this. like we don't know which way it's going to go, especially because this time around it's a little bit different. The CPI Report: This is going to be the first time with the new CPI calculation. Previously they used to use the last two years AKA 24 months of expenditures when Computing This this time around, they're only using the last year.

So a little bit of I Guess craziness with this particular one because there is a new form in which the CPI is going to be reported. It's not dramatically new, but it is new. and I think that's another thing that might be causing a little bit of confusion and that type of stuff. But right now it seems like the Line in the Sand is in the realm of 6.2 percent.

So if you're watching this now and you're like, okay, like, what should I be looking for for that CPI report tomorrow The Headline Inflation In the realm of 6.2 Now obviously the way they compute this is that expectation is. they ask a bunch of Banks and analysts and everything like what do you think, What do you think? What do you think and they get the average the median and right now some people are calling for six. Some say six one, Some say six two, Some say six three. So it's not like everyone's honed in on the same one.

but right now, it's in the realm of 6.2 percent. That's what we're expecting the CPI the Consumer Price Index report to be AKA inflation. which really, to put a bow on all. This is basically what in the world is going on with inflation.

Are we we trending up? Are we trending down? We've been trending down ever since June of 2022, but the question is is are we going to continue to Trend down in that fashion? So I just want to put all that out there. We can actually do a little bit of other stuff in terms of: I wrote down the dates of all the most recent CPI reports so we could take a quick little look you see at how it did on January 12th, December 13th, and November 10th just to see what those days did or didn't have in store for us. Then I could show you about the seasonality for tomorrow. Over the past 25 years just on an average performance.

How did the 10th trading day? I believe it's Tdom trading day of the month 10. I'll double check that. but overall we're going to see how this is going. Uh, we're seeing how this is going and I'm babying my current position.

Actually let me check in on what the hell I have going on right now. Damn. I was looking good until like five minutes ago. Son of a dude.

Just it's just one of those days. It's one of those days. Team one of those days. All right, we're over here.

I see I'm looking at the future I've been watching the Futures Market because I I noticed that all of a sudden right around 2PM is when I saw the dollar started popping I was like okay, we sold Harvard version but I was like oh what is this what do we got going on here? A little pippity poppity doo da. So I saw the dollar popping and then it got smacked but then it ripped again. Uh, we are currently watching the dollar get smacked and as the dollar is getting smacked, we're seeing the S P 500 that's in your top left and the NASDAQ 100. Both save themselves at a pretty important breakdown level, at least on an intraday basis.

I'm not saying it's an important level on like a larger time frame, but intraday basis. we're watching the spy and the NASDAQ as of now. save themselves and I'm just, um, thoroughly curious to see how this plays out. Now basically, if the NASDAQ makes a fresh low, I'll be able to get out for scratch on the day, which at this point and judging by the day I had, that should be pretty much my major goal.

But we're going to see how this all plays out. I have apple just because Apple's such a Titan and I want to see how its implications on the S P 500 and the NASDAQ Google not really doing much today you have Microsoft it popped but came back down kind of at its own important level right here. Meta popped going flat Amazon Popped going flat little weakness Tesla Sold off, popped and has done literally nothing all day. just pinned to 194 rum a little green up 28 cents if we want to check in on crypto, we have Bitcoin hanging out at 21 and a half and then we have Ethereum still right below that breakdown level.

Not really liking that. Um, but recently they both Bitcoin and Ethereum have had pretty nice rips. So overall we're kind of in a precarious situation. I Can't believe like Tesla's done nothing, which we haven't seen that in a while.

Usually Tesla's been having big swings, but ever since 10 45 today Tesla has done squat. Just nothing. nothing. um, so just wanted to bring that to your attention.

Watching the dollar over here to see how things really get going. I can put up the Spy because I know probably more people are trading the Spy than they are Futures Just so you know, we're just below 412. But as you can see, see how we had this low right here early this morning on the Spy around 411 look exactly where we just bounced. So when you come to important levels, pretty much a coin flip.

Is it going to break down Breakout? Have no idea. And this time both the spy and the cues and I'm sure if I looked at the Russell they all just kind of Saved themselves. So will that last I don't know, we are 10 minutes into Power Hour so we have another 50 minutes. and obviously so I'm on the five minute chart so we're gonna get 10 more of these five minute bars.

Lots of craziness can happen. Uh, remember, consolidation leads to expansion. We had consolidation. We had expansion then.

Now, over the past 25-ish minutes, we've been consolidating with a little bit more of upside pressure. To be fair, we definitely are seeing some upside pressure. so I'm curious to see how it's all going to play out. Um, but the major thing is is be prepared just for some craziness.

Like, without a doubt, be prepared for craziness because it's a tough call to understand how people are going to be positioning themselves into this really as we get close to close because of the CPI report. Also, don't forget I Don't know if you guys caught me in the morning, but tomorrow is also Valentine's Day at least here in the US I Have no idea if it's different globally I'm sure it is, but hey, maybe uh, you want to get flowers or a card or chocolate-covered strawberries or a teddy bear or something along those lines just trying to help you out where I can Cam Man, the Spy bounce is doing me dirty. The Spy bounce is doing me dirty. Come on, come on, come on, come on.

come on. All right I am watching this like a hawk just break down please I Sold a bunch of Premium today which uh, maybe we'll go after over that when I'm not so close to having to watch my position I'm at a a very painful level right now. Uh, as you can see I have many alerts set up. so when things maybe well here, let's go to the three minute.

let's go to the three minute 15. We'll go to the 5 over here just so you can see the Spy so saved itself. But I don't know if this is gonna necessarily hold. Would love for the alert to go off here? Nope, but buyers are stepping in.

son of a man. I'm just I just can't get a lucky break today. Just cannot get a lucky break. Do I just want to take my money now and maybe revisit it.

or do I want to just hold into clothes and see how this is gonna? I was up. Man what a poor poor trading day it happens. I'm just doing everything I can to not make the situation worse, just trying to not let the situation get any worse. Come on.

just smack it. Just smack it the dollar if I can get if the dollar. Pops I might be able to get lucky here if. ah but nope, it's going against me man.

seriously like I just yeah my position. oh you didn't hear it I didn't have my debt. my position just filled. so I got out for a small gain instead of a a nice gain God damn it man.

just so unlucky. that's so it's so frustrating I got out for a small gain but I like I basically moved my stop to break even I was riding it down and at one point I was up big but over the past 10 minutes it rallied so hard I got short somewhere in here and then I was adding to the position and of course like as soon as I get out, that's when. like what the so frustrating at least I didn't lose like I didn't make the situation worse for me and that's why. like I'm a big fan of like continually updating your trailing stop loss and as as I've preached to many of you as soon as you can reasonably move it to break even do so and now we just have wild volatility.

We have an outside bar like this is just kidding. it's just a pain in the ass like this is just that chop and really, this is what I was trying to I get everyone to pay attention to is like expect like on days like today, this type of crap should be expected. Sometimes you get lucky and it breaks in your way and other times it just takes you to the wood chipper and today it's just painful. I mean I made some money I could have made a lot more.

It's just a pain in the ass. a huge pain in the ass. Hey, if you haven't already, can you hit that like button? It helps me out with the rumble leaderboard and then also helps me out with uh, the Youtube algorithm. It would be greatly appreciated.

Greatly greatly appreciated. Also, shout out to Rumble! Looks like they just dropped a new update where you get your own pictures and whatnot over here. Uh so that's pretty good testing. Wait where am I wait? why don't I have oh I guess I need to upload a whole new picture? Uh but yeah, you have like these icons in your pictures.

That's pretty cool coming along for sure for sure for sure. for sure they'll I Mean it's a slow process all this Tech development but they're getting there. they're gonna get there all right. What are we doing? How much in the green do you leave yourself to moves or stop loss to break Even it's more of a chart development.

It's not an amount like it's just as I see the chart structure with Peaks and valleys and the Wicks um I base it on that I don't just go like oh, it went that far in the green now I'm break even. um it's more of chart dependent, not just like a magnitude. If I'm not saying that's the best way to do it I know some people who do it that way like as soon as I go 10 in the money or something like that then they end up like moving it and and that's fine too. But the point is is you back test it everything we talk about no matter what strategy you're like, thinking of trading, whatever you're doing, all of it should just be back.

Tests: like if you want to be a Trader if you want to be a successful Trader You should know your system exactly when you enter, exactly when you get out. What's your max risk? What's your average risk? What's your median risk? What's your average duration in the trade? If you're not tracking those metrics around your trading like, how are you going to know where there's weakness? How are you going to know where their strengths? How do you know when to? Double Down How do you know when to avoid a trade? If you're not tracking that in your own trades, you're just kind of asking to get in trouble. Is this it should I try it again I Don't know I don't know. Playing with fire.

Now the question is, is this recent pump just that? Are they going to dump it into clothes? What's the options? Market Looking like options markets pretty much 50 50 52.5 Call 47.5 put so we're not getting too much craziness. You have some spy puts coming in for a month out 1.16 BR Put against that like just nothing too too wild. Do I take the risk. Do I take the risk.

Do I take the risk. What does the Spy look like on the daily? The spy on The Daily looks strong. What does it look like on the 15? My one bot just said to sell the five minute looks a little bit weak. three minute.

Um, did we just do it? Do we do it? Do we do it? Do we do it? No Wrong size, Wrong order, wrong direction. Where's my right? Where's my proper map? What time is it? It is 3 18. Okay, uh I took my a shot I put on probably what's gonna be my final trade of the day. We'll see what we could do.

What's this position? 25 We'll see what we could do. We'll see what we could do. Uh, three? I don't Sometimes when you're trading a like more than two contracts it the confirmation process is like are you sure? Are you sure? Are you sure and by that time you can miss a good entry like I just missed a better entry because I was like confirming so many times. I I bet there's a way I can take care of that I'm I'm sure there has to be and right away I'm gonna get taken to the wood chat on this one aren't I Let's see.

let's see. let's see. Actually, what could I do here? You can open up my wrist a little bit dude right there. I Have to confirm.

Like five times. it's such a nuisance. Confirm confirm confirm. but there's been some times where I'm like in the middle of confirming on all the various problems that you have to for whatever their stupid risk management is and I'll get hit even though I'm trying to like move in order, it's I don't know, that's silly I and I it's probably on me like I'm not I'm sure they do it to protect people who are like dude I didn't know I was doing an order that big because the whole point is with large orders like are you sure you mean to do this um but I just want to change mine a little bit because if anything I find that it screws me up All right.

let's see how this goes. Let's see how this goes. Let's see how this goes. I have a lot of strange alerts that that I don't know why I set them at alert.

let's add more than I actually care about just in case I'm missing something as we're all chat and okay now now that you have ideally a better Vibe of what in the world's going on man. I'm really liking this new Rumble chat like it just looks a little bit more clean. uh looks like I need to add my picture. Let me write that down on my to-do list.

Uh, pick. Um, okay. trading view is Frozen when you are doing your trades, Is there any way you can change it? No clue I didn't know it was frozen. Is it frozen to you right now? I'm looking at it and it doesn't look Frozen but maybe it is.

Uh, can anyone help me out? Is it actually Frozen For you guys I Don't believe it's frozen. this bounce. Well we'll see how it goes into clothes. This might just be a decent pullback and they just might buy it up I might.

Uh, decision time is all I can really say. but if I would not be surprised if they ripped my face off on this one ever since 250. So for the past half hour they've been pushing it pretty hard right when the market open or the Power Hour started at 3. P.M There was a big drop but like it hit a recent low.

a recent swing low and then perfectly has been bouncing ever since then. Uh, the past really 20 25 minutes we've had some decent buying. Okay, well let's see. Calm, cool, collected I see the dollar popping.

This is the only thing that I like currently with my position is the fact that the dollar is popping. Um so one little piece of positivity there. one little piece. Oh I do want to show you some other positions I made throughout the day I'm not sure what we had this morning.

what we didn't I sold a well I did a call Credit spread on Mpw Medical Properties Trust Inc I have no idea what the company is I Just saw that had super high implied volatility. it had a super high IB rank. So I sold the 14 for the March 17th. my expiration date is March 17th I sold the 14 I bought the 16 the differential the credit that I received is basically I got a credit of 40 but I had to pay a debit of 13 and obviously the difference is 27 and right now the difference is 28.

So I'm down by one cent. but I'm going to LIT Theta ideally work in my favor for that one on the cues I think I did this early this morning with all of you but I got more from March 3rd uh, sold at 231, bought one at 208 and I'm looking at 315 316 so a spread of a dollar and that one slightly down on that. The cues as of now is actually my worst position spy I don't think I did anything there and I did do another Tesla one I sold more Tesla premium I did another call Credit spread on Tesla I sold the 215 and I bought the 216 67 for March 17. Um, I sold at 9 10 bought at 860.

so was that the differential of 50 cents and right now I'm basically break even on that. So once again just waiting for Theta to really start to benefit me. but I just wanted to give you an update of all my current more swing positions. I Know it's really hard to do updates with day trades, especially because some of my day trades like I mean some of them are sub one minute so I figure Yeah, like especially when I'm streaming with you I'm more than happy to share my day trades of what I'm getting in when I'm getting out but these ones that I'm most of the time like a high percentage of the time swinging multiple days I like to keep you kind of a prize to it.

So um, collected a lot of profits from this particular account on Friday of last week week and now re-establish into some new positions. The only one I'm particularly worried about is this Q's position. but as you can see even about like I didn't bet that big I mean I'm down 58 but it's only 178 dollars and still positive on the day so just want to keep you updated there. And as always that type of stuff uh if you look at what's I believe it's pinned to the top of chat it is.

um so join up with the locals macwords.locals.com it's pinned to the top of chat. it's in the description of the video so like if you're looking at chat right now, um, if you want my trades or that's the seasonality breakdowns that we talk about like this for example, this is the seasonality of Tomorrow the S P 500 seasonal bias for Tuesday February 14th trading day of the month 10 over the past 25 trades AKA 25 years I examined exactly this day over the past two and a half decades, the Bulls have won 56 percent of the time I.E The Bears have won 44 of the time. The profit factor is 1.76 so every single dollar spent has actually returned 1.76 So obviously the seasonal bias is bullish for tomorrow. just because something's biased that way, does it have to pull out? No, it's a little bit better than flipping a coin.

but I just sometimes we see days where it's like crazy bullish or crazy bearish and it gives us a better indication. So tomorrow I would say does slightly favor the Bulls but not the most absurd thing we've ever seen. So I just want to give you another example of the type of stuff that goes on in the locals community. Did you check for future news? future news before going in? I Don't know what that means Kevin Did you check for the future news before going in? Kevin I'm going to need a little bit of an explanation I I'm not.

Following is: Gary Gensler Going to kill crypto? Um I Think he's gonna end up severely damaging ones that are potentially securities. So right now it seems like anything it's it's open season for anything that is not. Bitcoin AA tweets and video. What is he going on about I Have no idea I don't read his stuff instantaneously I Used to have alerts set up on my phone, but now I just kind of check out when anyone tells me that he's saying something kind of like right now.

but let's see what he's talking about. Nope, that's the wrong atom. I Think he's just dramatically fallen out of favor. Uh, his video.

I'm not seeing a video he was talking about being born in Philly but then he's been living in Kansas City All the recent things I'm seeing are about the football game, the Super Bowl a tweets and video. what did you wait? turning Points video or Studio where are you seeing that because I'm not seeing that at all. Are you sure you're on his account? because I'm looking at Adam Aaron's official account right now and it's all about the Super Bowl and his suit that has like dirt all over it. like did he meet people like this? Uh, but I'm not saying anything.

He said shorts are dead with a yes so where are you seeing that? he did a stop at a theater and he said shorts are dead. where are you like once again, I'm not saying this on his account so I can't confirm that at all. and also in terms of what's going on with him I Think there's bigger things happening right now. Like way bigger things than just AMC I Mean we're talking about a CPI report.

We're talking about a new computation for the CPR report. We're talking about retail sales. We're talking about jobless claims like in terms of the economy and the market. and like even look at Gary Gunzler and the SEC and all of Crypto right now.

like the AMC note stories and updates, it's just not that big relative to the rest of the craziness going on. Once in a while, there are is crazy news and I love to cover it. and when there is big news, I Do cover it. But right now, like when we're talking about uh, potentially Bloody Valentine and is the market gonna get crushed here or is it about to rip? What's going on with Tesla that 100 game? There's just far more intriguing videos.

Yeah, someone in the theater videotaped it. look I look it up and send it to you. Okay, yeah, do you have it? DM it To me, we can check it out. we could check it out.

I'm just wondering if the market is gonna get rocked or not and it looks like I'm getting unlucky thus far I Just man, my discipline was just so far out of like the realm it had to be today. and I don't know if it's just like because sometimes it's easy to think of your discipline as did you get money or not and then all of a sudden you're like, well, hang on I got money So that was good discipline when in reality you might have had bad trades that you just got lucky on. and then on the flip side like I think that's where I really got caught up today is I had good trades in the terms of I stuck to my plan Unfortunately they went against me but then I still mentally interpreted it as a bad trade. so then I quickly tried to chase it and me chasing what I thought was a bad trade and that like actually legitimately led to a bad trade.

It happens, it happens, it happens. But I think if you can give yourself some sort of like an analysis dude, are they going to crack this or not? What's going on, it's 3 30. Now we know some stuff runs at 3 30. come on, what are we doing? What are we doing? I'm I guess at the point of you don't want to be like this where you're basically just praying for a freaking miracle.

Where are we going? Yep, just my luck. it looks like this bounce the I Can't believe they saved it I am Wow we had a very clear crack of very like I Mean look at this. we really cracked these trend lines like it was a pretty Swift breakdown and the Bulls looked like they were on the ropes and then out of nowhere out of absolutely nowhere they got saved. Holy that's just wow.

Look at this recovery huh? kind of a little bit depending on the time frame, you watch a little bit of a double bottom action between and let's call it 245 and three like two different hits on both the spy and the NASDAQ and then just a nice nice recovery. Uh, sucks for me because I was in position bullish on this. but if you were, hey, at least one of us is making money. at least one of us is making money.

What time is it? 3 32 Okay, so we have a little bit less than half a Power Hour Uh. The other major thing I want to get into with all of you today is just how the CPI day has played out over the past three times: I'm talking January 12th, December 13th, and November 10th I Want to take a look at that just because I think it is, uh, beneficial rather than just you going into this thinking like I don't know. it's crazy. like it's good to base it in some sort of like factual evidence quantitative data that you can look at, measure, understand, opposed to just like let's YOLO this I think there's too many people doing that there.

There's far too many people, especially in the world of retail. Um, that you just end up making trades. kind of on nothing. You just like gut instinct.

hopium, copium. um. and I get it. it's fun once in a while.

I mean I get there too. I'm not saying that I'm a person who trades exclusively like a robot I wish I did, because I'd be far more profitable. Far more profitable. Um, but I think the closer you can get to truly systematic trading like a mechanical trading system where like, literally, a robot could do it for you Like perfect entries.

perfect eggs, it's well defined. What I mean by perfect is very well defined. No kind of like Coulda Woulda Shoulda like type of what are we doing here? What are we doing? What are we doing? what we do and Tesla 200 today? No, it got pinned to 194 all day. I mean it could I Just think the odds are greatly against you if you think Tesla's hitting 200 today.

I did do an interesting spy one I was messing around with selling some credit spread stuff and I was just kind of testing out their um basically how good are the odds for the Delta and for today's expiration, what did I end up doing I was just messing around. Super small position. but for Feb fed 13 I sold a Uh 414 column bottle 416 call. So basically I get the full amount of money as long as the Spy stays below 414 at close and thus far it's actually looking pretty decent.

Um I did how did I do it? I sold it for 20. bought it for two. So I am about to make 18. uh per one and I did two? What is it trading at right now? 15? Oh yeah, I'm gonna collect that full premium.

Maybe I should just do that. Maybe I should just take a breather and like exclusively sell preme uh Little Caesars have the best pizza I Don't agree with that you think Little Caesar I don't dislike Little Caesars Pizza But the best pizza The the best pizza I Feel like you need to get some good either New York or Philly pizza if you're really thinking Caesars is the best dude I am just getting my face ripped off here. What am I like I Just man, stupid stupid, stupid breaking my own rules, breaking my own discipline. Sometimes it'd be that way.

What's the options Market Telling us pretty much 50 50. 52.9 call Premium The most recent big one was the QQQ call for four days out 2.32 mil. uh and then someone also did 1.84 mil. probably the same person Qqqs.

So some bullishness coming in on the tech sector and they are like in this push into the end of the day I'm just it. kind of when I see this type of stuff going into such a big event but it like I just always find it thoroughly confusing because right away I'm like who bets that kind of money? You're either a hardcore degenerate or you just have the information like you already. You already know which way it is going to go. and that's why you feel comfortable betting that type of money.

Like what kind of crazy D Gen out there is betting four mil four mil, on the cues for 309 307 Four days out like that is a big whale Degen Bet and when I see that I Just like do they know something like or are they just like that I Guess their balls are just that big that they're like, okay, no, like we're going with it, we are. We're just gonna bet. Massive, massive size, Astounding. Astounding.

Astounding. The dollar Vomiting a bit here. The dollar just cracked. It's recent.

Uh, swing low. So with the dollar cracker, remember, a dollar down. That's better for the overall Market here. So as this dollar has been showing weakness ever since, three look at what's been happening.

the market has been popping the S P 500. crazy, crazy, crazy, crazy crazy. Is there an app or brokerage you would recommend? To begin: Futures Trading Uh, I Mean there's a lot of brokerages you could do it on. It's going to be like the same prices and everything.

I Just recommend doing it with a paper account. So wherever you can find a paper account, whether it's interactive brokers or think or swim or tradestation like whatever it is, start with a paper account. Take it from a person who's lost tens of thousands of dollars trading. Futures At various points, sometimes individual trades start with a paper account.

You're going to save yourself money. Um, so I that would be my biggest piece of advice there. Start with fake money because even though there. are similarities with the options market with the Securities Market, there's also key differences.

Um, that as soon as you start messing around with it, it'll click in your head. But it's not exactly like options. it's not exactly like Securities like ETFs and stocks and that. so there's a bit of a learning curve that you're gonna have to overcome.

All right. did turning did you send me the video? Because until then I don't know if I'm gonna believe you because he's the guy who talks. He's like I'm not going to talk about the stock price I'm not talking about this or that or the other thing. uh, should I just get out of this position before it gets worse.

Like are we just gonna rip into clothes Decisions like is this just pop City into clothes I hate this type of because I just feel so calmly when we get this type of action into close on a report. and maybe this is the contrarian nature of my personality. It's just always, always always makes me feel like they are just gonna rug it. So then like when I'm positioned for the rug and I like you just have to withstand some of the pain I Guess the the onus is on me.

It's my fault because then I'm not positioned uh, size appropriately for my account. So it's just my fault. which is it's still just so frustrating when I see this type of stuff like a pump and to close the day before I'm like okay, here comes the rug. They're just trapping people.

Um, maybe it's right. maybe it's wrong. but I am a devout believer that any moment in time, the market screws as many people as it possibly can. Whoever can Max be screwed.

That's who they're gonna screw. That's who they're gonna screw. Um, did anyone send me that video because I don't know if I believe it unless I see the video evidence myself: No I Just and people are trying to get me to chill shitty crypto projects I No one sent it to me. Dude, this is still just going.

Look at that. Look at this ripping look at like look at the spiery Hard selling Double bottom rips right back up to intraday I like are you kidding me? Like what kind of shenanigan crap is that it? BR intentionally to talk about stop loss hunting broke below the low at 4 11 63 and then perfectly punctured the low at 11 35 Like these people went out of their way to stop loss hunt. They they broke this low. Got those guys.

They broke this low. They got those guys. What you saw in the market today was a picture perfect example of stop-loss hunting. Picture perfect.

and what I don't think is I think this is just phase one. So I think the people who were long on this they got stopped out And then it ended up becoming somewhat of a bear trap in here and that's where I got caught and now they have it pushing back up. So this is screwing over the Bears I.E the bear trap. and then I think this is just phase two.

Wait till phase three where they're gonna get people trapped into this push and then they're just gonna dump it on them. probably tomorrow. That would be my guess of how this is gonna go. But trap trap trap.

Screw people over. Screw people over, screw people over. um the the way of the market. As screw as many people as you can at once as Traders and it's just a brutal psychology game.

Brutal brutal. Can you explain how soft loss hunting works in your opinions on it? It had me happen to me multiple times and it pisses me off. Can you? They just get it to levels where they think they have a lot of people having their setting orders. so like if your stop loss is at the breakdown of a recent swing low, they'll push it just beyond that, get all those people out and then rip it back and it just ends up causing like havoc in the market.

My opinions on it it I Don't have a pin, it's just part of the market. it's more of get used to it and um sometimes it works to your benefit and other times you get absolutely screwed. Stop Loss Hunting I would say is one of the things that like makes it uh, pretty difficult to understand the difference between. is it an actual breakout or breakdown or are they just screwing people? So for example, um, say you're coming down to an important level and you trade right below it.

First thing in your head is like okay, is it a stop loss or is it a legitimate breakdown? That's why sometimes you see these fake out breakdowns, fake out breakouts some of the times I mean I can't ever say always but some of the times uh, you're just, you're just seeing a stop loss like they're just pushing it right past it. They're screwing people over that had those orders so they get cleaned out of their position and then it goes back to exactly what you thought it would do. Is that not Market manipulation. Why would that be Market Manipulation It's legitimate orders.

I I Guess it's like when people say Market manipulation I don't think there's a unified understanding of what that means in, especially in the retail community like I guess Rich What do you mean by market manipulation? If people are legitimately buying and selling, that's the legitimate price based on supply and demand. So like does it manipulate the market in terms of like just the dictionary definition of manipulate And what I mean by that is does it Force the price? up or down? Like manipulating something? Yeah, but is it like a legal manipulation? No. Why it's just people buying and selling. It's not like in a legal act.

Anyone can buy or sell whenever they want like I don't like I Don't know if I'm answering it quite right. Maybe like I'm not getting your question, but uh. I I Don't think the retail Community has like one solid unified definition of what Market manipulation is. Market makers are allowed to see stop loss and buy orders at broader at five blocks by by block cell blocks.

so can you? That's what level two is. That's what an order book is like. That's so I mean you're right to say that market makers can see sending orders, but so can you like you as a retail can. So I don't think it's like that special.

Um, that's what order books are I don't know. Yeah I guess I'm thinking about the wrong word. Just seems wrong to purposely dump the price just to stop others out. Welcome to the market like this isn't Sesame Street This is in Kumbaya and everyone swings like holds hands together like everyone's viciously trying to make money.

Everyone's particularly worried about their own account and making that account bigger and that's how you do it. It's they look at it as like your money on the table is the money that they want that. Remember like this money is coming from somewhere so that's how it goes. like I mean this isn't necessarily.

Uh, the people who tend to really succeed in this world are like pretty vicious hardcore competitors. But to the other person that was talking about, you can see the orders like that's right, you're You're right in saying that. but so can you so can I So can anyone. You can see all this sitting, buy and sell orders across all the lit exchanges and granted, you can't see it on dark pools.

but relative to the amount of volume traded, most is traded on like in ways that we could see it now. I Know my comment was at the other guy because if I can see it, they can see that's the game. Yeah, so it's just okay. I I think I better understand and I know it's tough sometimes like you're obviously Limited in how many characters you can use.

Um, but it can be a pain in the ass for sure. Where do we go and we have 13 minutes left? and remember, there's always a little bit of craziness right? Uh, at 350 and which I expect that to once again happen today. Here we go: Get ready for the 350 volatility Rush The three I wonder which way they're gonna drop it or pop it today? I I guess I Should better say I wonder which way they're going to push it but 350 you have a bunch of people executing some serious code to buy sell. You're looking at the market imbalances.

A Lot's going to go down at 350, especially on a day like today. Especially on a day like today where there's going to be a lot of jocking for position uh into Market close. Because remember the report comes out the CPI report. The inflation report comes out tomorrow morning, an hour before the Market opens.

So yeah, I mean in the Futures Market you could trade right before it, right after. and people with extended hours training can do that. But a lot of people, they a lot of orders are exclusively executed in the normal Market day. Um, and how are we going to do this? Okay, one minute out, one minute out to see what this Pop's gonna be and going.

unless they ran them a little early. Today we're seeing we're seeing a pop at 3 49. What the is this doing? What are we doing here? What are we doing? What are we doing? How many seconds we have? 30 seconds? All right, let me just double check that. I'm protecting myself.

So I don't blow out my account on this one day the day before. CPI All right, let's see which way are they going to do it today. What are the votes? What are the votes? What are the votes? 10 seconds And then we're going to see some sort of volpop, Some sort of volume volatility swing. Let's see.

Whoa, that one was to the downside That came out of nowhere. Holy whoa. They are aggressively selling it. You guys think I'm on some good jazz cabbage when I bring up the 350 thing.

but look at that. they crushed it. They absolutely crush it. Especially the cues.

Damn what a they're gonna sell it into clothes now. Holy, that was definitely something. All right. I'm just getting my account ready because I won't be able to swing this position overnight.

It's too big for my account so I have to close it between now and I think like 4 15 or I'll get margin called. Uh, that's the difference in the Futures Market between the swing margin and the day trading margin. day trading margins a lot less so you could trade more to the point that you can't swing it so you have to close it at the end of the day. Whether you're long or short, it doesn't really matter.

Uh, it's just you don't have the overnight margin. What a hit that came out of nowhere I Wonder if it's going to continue? If it's going to still freak people out. Here's where we are on the one minute look at that volume pop. We pretty much doubled it and it you saw it.

It almost happened instantaneously. Oh, looks like we have a bit more selling I'm curious if it's going to take out I'm looking at the NASDAQ 100 right now just because it seems like Tech's been kind of the interesting setup and we'll see how the last nine minutes go here. I'll set an alert because that would be interesting if they push it below this and then I'll set an alert to the top side just so we can see that. But I'll go back to this so you guys can see more.

The Dollar's starting to pop a little bit. you can see right where the Spy got smacked. Tesla I Just want to check in on that 194 because I do have that put position. So in terms of my active directional trades, I have spy puts and I have Tesla puts and I'm basically waiting to see what happens with the CPI report spy puts Tesla puts two Tesla puts, five spy puts and then those are my active directional trades and then other than that, I've sold spy premium I've sold Q premium I've sold Tesla premium.

What's that other new one that I just sold today I sold Mpw premium and thus far those have all been working. The only one that I'm a little bit worried about is I think last week I got a little bit ahead of myself of how much Q premium I was selling and one of them I sold with the lower strike. The spread was at 305 so that's getting a little close for comfort. Um, but also because it's a call Credit spread my Max risk is capped so I'll be able to handle it.

But other than that, the premium. uh, every single day I'm taking advantage of Theta Burn that's you know how like when you're long a call or longer put Theta screws you every single night? Well, if you're the person selling premium, you're the person benefiting from it. So every single day like I know if everything else is held constant which today is not a good example of it. or tonight's session's not a good example of it because by the time the Market opens tomorrow, prices are going to be drastically different.

But if everything were the same like if the overnight session were pretty boring and it all opened up, volatility was the same. The prices were the same I'd be making money just because of theta Decay you want to use time decays data Decay Theta like whatever you want to call it to your advantage and I wish I did it to a bigger size than I was doing it with my stupid degenerate trades today because I I just was such a dip I just don't even I get so frustrated like I feel like sometimes maybe I'm a better teacher about this type of stuff than I am sometimes I feel like I'm like in get like right there and I see what's going on Like you know those days where you're day trading. It just all makes sense. Like the way you're reading it like you get it, you're like no, this is this is the pivot point.

This is where it bounces. This is where I break down. There's certain days where I feel like we've all had those where you're super in tune with the market and just like it all makes sense. and then there's other days that it might as well be speaking a foreign language and this morning usually you kind of do all good or all bad for the day.

Today I had one of those weird days where this morning I was crushing it like I I knew to avoid quite a bit of it I knew this I knew that blah blah blah and then the afternoon session I just I was like I said speaking in a foreign language. All right and now speaking of speaking of foreign language I just need to get out of this stupid position before. are you kidding me. Remember how it runs at 355 as well.

350 355 Um so the 355 just ran it back up pretty rapidly. Come on. I just I was I was praying that the 355 would also dump it. the 350 is the big one and then sometimes at 355 we see another like onslaught of volume volatility and that's what just happened.

and today they decided to reverse it so that's where we're at. How much money do you recommend on that account to sell premium? I Have to trade but I want to be a conservative side? I mean you could functionally start it with like a hundred dollars you don't need. like obviously your returns are going to be relative to your account. So I I wouldn't sit here and be like with a hundred dollars you're going to be getting like thousands and thousands a week or a month or anything like that.

But you could start it with a hundred bucks. You could start it with nothing. You could start it with just a paper account and learn about it and learn what you should and shouldn't be doing. When Guardian Leviosa Olivia saw Olivia song uh we're now I'm just running out of time.

Me: why was I just so stupid today I was just so incredibly dumb today. uh what? I need to do what I need to do and I think I've like figured this out especially just understanding my own mental torment lately is the code that I have or like the current system that I have. it is like half systematized in. and what I mean by that is the fact that it fires off all the signal and I get like an audio thing.

but then I still manually have to go long or short and then sometimes I miss it. And worse than the ones that I miss are actually the ones where like I get bored and in between the signals I was like ah I'll kind of take this trade or I'll kind of take that trade or like that type of so I think maybe what I need to do is just like fully commit to it be like completely hands-off just no longer signals just like 100 it does all the buying, it does all the selling, and I don't do anything I just sit there and I wonder if like really for this particular day trading? uh algorithm? if I just take myself out of the way if that will be the thing that just like lets it do it, lets it crush it for me dude. so brutal like come on. What like I I can't even get Lucky in terms of the 350 I'll go runs and they crush it and then I can't even get lucky for that to help me make a little bit of money like I'm so incredibly unlucky that even when those things go in my favor like no, we'll just run it right back just to screw you over.

Brutal Brutal Brutal Brutal Brutal Brutal. Well if you want to help my day be a little bit less brutal, don't forget to hit that like button helps out. The algorithm on YouTube also helps out with uh, the battle Leaderboard on Rumble Also, shout out to Rumble I Really like this new look I need to get my photo uploaded over there. It seems cool.

Uh, let me turn down this audio so it doesn't blow your ears out when the market closes today. Uh, but check that out like sub And then also don't forget to get on to locals. A question for all the people on locals obviously I Always want it to be as good as I can. Um, are you guys liking the seasonality post and also are you liking the premium selling posts? My thought with it was okay.

like I get it that not everyone can be on there 24 7 looking at every single day trade. especially because some of the day trades are just like simply too quick. So I I feel like this concept of seasonality is providing value of just okay. Quantitatively, you know the bias on the day.

Does it always play out No. but maybe it can tell you to size down. Or maybe it tells you to size up if you have high convictions and it's in line with seasonality. So maybe there's one way you could look at it there.

But then for the people who you're like hey, like I like checking it out. but I can't watch every day I can't do every day trade? Um I Feel like the premium selling is great. Swing trade concepts of just like hey I sold this I sold this and you just it. A couple days later you collect it like it's a little bit slower.

Yeah the Dixies I dude I need to cut this position or it's just gonna cost me too much money. Uh, cancel order filled all right I Just got out I got out right at the market close order food and now we're just waiting for tomorrow to see if it gets absolutely annihilated. So we'll we'll see how that one goes. Jesus Jesus Jesus Jesus What a day! What a day! What a day! What a day! Well, in terms of streaming, that's what I have for you.

Uh, there is some other content posted if you look in the description of the video. We just put out a short of the richest women in the world I Think you guys will think it's cool, it's in the description of the video. Later on today I did a video about some of the back end like Financial metrics of my YouTube channel if you're interested in how much money content creators actually make, especially someone of exactly my size, covering exactly what I cover and saying exactly what I do so that'll be coming out a little bit later. uh, depending on what goes on in my life I Figured we might do a fun stream just because I bought the that new Harry Potter game so that one wouldn't necessarily be related to markets at all.

but if you guys just want to mess around and see the new game and we'll make my wizard dude super super bad and just kill everyone. Uh, maybe a good way to blow off some steam, but that's what I have for you. Don't forget to hit the like button. Most importantly, do Not forget to subscribe and check out that goonie Community pinned to the top of chat.

That's what I have for you. We'll be posting some content later on and then we'll be streaming tomorrow morning, not at 9am. We're gonna start streaming at 8 20 A.m 8 20 because this CPI report comes out at 8 30.. So at 8 20 A.m We will be streaming hahaha that's what I have for you.

Catch you later. Peace Out Girl Scout.