Baggins Deez Gains
The Matt Kohrs Show
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00:00 Intro
01:44 Baggins Deez Gains
04:32 The Market
05:24 Stocks Rise Monday
06:02 Why Aren't You A Millionaire
07:36 The Uber Eats SCAM
10:43 Bitboy Fired?!
11:46 China's Economic Slowdown
14:41 State of Emergency For Florida
15:58 Live Trading
19:39 Hawaiian Electric Pops 40%
20:20 What's Happening With Trump?
23:09 Important This Week
24:16 Seasonality
#Stocks #Trading #Options #Futures #StockMarket #LiveTrading
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Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
The Matt Kohrs Show
Stream Sponsor:
⇒ Top Charting Software: https://bit.ly/GoonieCharts
Beginners Guide To Trading Futures: https://youtu.be/kEwDk9_XDRQ
Sponsors & Affiliates
⇒ Goonie Trading Group (FREE Month w/ Code GOONIE): https://bit.ly/LocalsMG
⇒ Streetbeat Robot Trading (FREE Month w/ Code MATT): https://bit.ly/AICopilot
⇒ Apex Prop Trading (50% Off w/ Code TPBMGLUS): https://bit.ly/ApexKohrs
⇒ Top Charting Software: https://bit.ly/GoonieCharts
⇒ Options Picker: https://bit.ly/Tiblio
Socials
⇒ YouTube (Non-Live): https://www.youtube.com/ @GoonieClips
⇒ Rumble: https://rumble.com/c/MattKohrs
⇒ Threads: https://www.threads.net/ @matt_kohrs
⇒ Twitter: https://twitter.com/matt_kohrs
⇒ Instagram: https://www.instagram.com/matt_kohrs
00:00 Intro
01:44 Baggins Deez Gains
04:32 The Market
05:24 Stocks Rise Monday
06:02 Why Aren't You A Millionaire
07:36 The Uber Eats SCAM
10:43 Bitboy Fired?!
11:46 China's Economic Slowdown
14:41 State of Emergency For Florida
15:58 Live Trading
19:39 Hawaiian Electric Pops 40%
20:20 What's Happening With Trump?
23:09 Important This Week
24:16 Seasonality
#Stocks #Trading #Options #Futures #StockMarket #LiveTrading
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Astronaut that they better than me knowing that their asses I've been working hard, don't even got the time to stare at clocks Mr quality means quantity. That means I drop a lot. Where's Ryan Gosley I Lost the notebook so I won't jot nothing down I've been out here trying to put on for the town financially I'm getting Pennywise minus the clown cause I don't joke but I got a Harley Quinn riding with me Do you give me? if you don't, you need some big brain energy Can't See Me Now Jimmy Neutron hello hello, hello, good morning and welcome back to another early show of the Matt core show. except we're doing this one at 3 30 in the afternoon E.T I Hope you live on the east coast because if you don't live on the east coast, you don't live in a real place.
I just kind of assume that everyone lives in the exact same time zone that I live in because if you don't live in my times I'm it's just not real I Don't buy it I Don't buy it in the slightest. But whatever, we'll we'll figure that out later. We're gonna figure that one out later Folks Folks Folks folks, folks, you happen to be in the presence of greatness I'm not talking about Piper who I literally just walked outside and she was eating the cord to my iPhone which is crazy because I've talked to her about it I'm like hey babe, stop doing that and she kind of looked at me like she was a kitten and didn't understand what I was saying and she clearly didn't understand what I was saying because when I walked out there, she still looked at me like it's cool to be eating my iPhone charger. anyway.
I'm not talking about her I'm talking about me. Your boys made a hundred dollars today. Technically a hundred and three dollars and fifty cents. Now, for the astute viewers, there is still about 20 minutes left in the day for me to lose all that money, but there's also 28 minutes left in the day for me to make even more money.
So we'll see how it goes. I don't think it's really going to be doing anything too crazy, but whatever. whatever. I'm rich.
sawdust and coffee. sawdust and coffee gets it I'm I'm up 103.50 after commissions so we'll see how it all goes. But yeah, I'll cover all my trades. see I'll let you know what Piper did today what she didn't do today.
Uh, we'll go through the market I have an update on an ubereats scam. Some wild stuff's going down with big Boy crypto I Have to talk about China I Have to talk about the overall Market I Have to talk about Trump I Have to talk about Trump I Have to talk about another thing related to Trump Uh, and then we'll get into a bit of seasonality, a bit of prep work for tomorrow. Maybe we'll even do some chart review. Basically, we're here to do what you guys want to do Uh, so I hope you're having a good one I hope you're having a good one.
Uh, if you want, you can get my charting software. That's right here. It's called Trading View. It's been to the top of Chat in the description of the video if you want a bit of a discount code on it. Uh, but I do think it's the best charting software in the game, but just my own humble opinions. If you don't want to sign up for it, don't sign up for it. See how much I freaking care? Or if you do want to sign up for it, sign up for it because it actually means a lot to me. and it's is the reason I keep able to do what I want to do.
So that would be really, really cool if you guys could sign up, but let's talk about that a bit later. As of now, the Spy is green on the day up 0.46 and then the cues are at point five percent. Apple's a little green, Microsoft's a little red, Tesla's little little red and Betty is a little green Netflix is break even that is a little green, Amazon's a little red and rum's pretty green. Rum's up five percent so that's pretty cool.
Maybe we'll get a little bit of a push into close, but I wouldn't hold my breath on it. It seems like today is going to be the quiet day out of the week and then for the remainder of the week things are just gonna get a little bit more crazy. So here's where we are on the daily chart. Uh, we gapped up.
We got the downside Gap fill and now we're just kind of closing mid-range So this wild day we had on Thursday So in terms of technicals, price action, I'm looking for the breakout of 445 maybe the breakdown of 438 and then I'd be watching down here until the mid-430s but overall a pretty indecisive day. Stocks rise Monday today as Wall Street recovers some of its steep August losses I mean overall we are down in the month of August where are we at right now? So we started off August at 4 57. we are currently down 3.4 percent so a bit of recovery. We have what three days left on the schedule in August three full days of trading Tuesday Wednesday Thursday Maybe maybe it pushes a little bit, but I don't know.
We had a burst of volatility recently, so usually expansion, contraction, expansion, contraction. so who knows. maybe this is the contraction leading to another more exciting thing. Let's find out before we do that: I Want to talk about something important to me I Want to talk about why you're not a millionaire.
the main reason why people aren't millionaires in my opinion. if they're looking at from the wrong angle they're saying Hell yeah, can I make a million dollars a year when they should be saying how can I make 2 739 a day If you think like that every day you hit that goal, you'll hit the year legal Follow: If you agree, the then why people aren't millionaires in my opinion is because they're looking at money from the wrong. They're saying how can I make a million dollars Absolutely and they should be saying how can I make 2 739 a day if you think like that The main reason why people. the internet is so harsh.
This kid just got such a hardcore lesson in life. Like such a hardcore lesson in life. but that's why that's why you folks. uh if you're not a Millionaire right now, the issue is because you're looking at money incorrectly. Uh, you only have to make 2.7 k a day and then it becomes a lot easier. So uh I I Just thought to add the proper framework to this particular show. this particular creation of the MK Power Hour I Wanted to share that with all of you. Another way to become a millionaire of course is steal it Florida Man charged with scamming one million dollars out of ubereats Now before I Really get into this and let them play an ad for free on my channel I Wanted to ask you guys, are you on this guy's side? Are you like hey dude, that's just called being Innovative that's seeing an opportunity and grasping it or are you more on the sides of theft is bad.
Ubereats is right and I hate that this happens because it's why fees are so expensive. So let me know. Broward County Man accused of using fake names to place and accept Ubereats orders, funnel money into gift cards instead of food. Honestly, the whole scheme was kind of ingenious.
Florida Guest investigators have charged a pair of Broward County men with a ravenous ubereat scam that costs the company more than one million dollars now I Kind of messed up there for a second because I want you guys to keep count of how many different food based puns the author of this came up with. So right there. One, it was a ravenous ubereat scam. So very.
I Guess Hunger Inspiring. Uh, so you have one guy and another guy 21 and 38 allegedly bit off more They can chew. That's two right there. Two, so ravenous scam.
and then they also bid off more they can chew. Uh, when they uncovered a loophole that allowed them to convert prepaid company credit into gift cards by pretending to be both Ubereats customers and delivery drivers according to authorities. Morgan Used the Ubereats software application and would act as a customer and the carrier. He would place a grocery order as a consumer for pickup under a fake account, then accept the order as The Courier Then Uber would provide him with a pre-authorized credit for up to seven hundred dollars per purchase.
However, according to the investigators, he would cancel the customer, the consumer's order and spend the credit on a gift card and said on one day in January alone detectives allegedly watched the pair scam Uber out of more than five thousand dollars buying gift cards at 27 different Walgreens stores. Why are there so many Walgreens in this particular County that they could hit 27 in a day? That's that's a lot of Walgreens That might be the better question here. Morgan created several fake accounts to keep the fraud going. He would often use stolen and fabricated identities of Uber drivers using their license information and altering it with his own photo.
Morgan and Blackwood have been charged with organized scheme to defraud and Grand Theft uh, so ingenious, obviously immoral, obviously illegal if what they're being accused of is what they actually did. but I want to get your size of it? Do you think this is ingenious? Do you think they were just macgyvers of the current Uber Eats food delivery system? Kind of almost like a Billy the Kid Robin Hood type of a thing. Or do you think, hey ma'am we already have to pay too much for ubereats. Let's not steal from them where they keep jacking up the prices. Let me know, let me know, let me know more Big news of the day. Bit Boy YouTuber Bitboy Ben Armstrong has been fired from his company Bit Boy Crypto citing Financial Damage and substance abuse. This is a piece of breaking news yesterday: BJ Investment Holdings The parent company of Hit Network took decisive legal action in removing Ben Armstrong AKA Bit Boy Crypto from the company and specifically the Bitboy Crypto brand. This difficult decision is a culmination of prolonged effort to help end during his relapse into substance abuse as well as reconcile the emotional, physical, and financial damages he has done to the employees of the Hit Network and the Bit Boy Crypto.
Community This came out today and it's absolutely crazy so just wanted to share that it's breaking news. I Don't have much other information on it right now, but you might know of Bit Boy. Obviously, he's one of the largest crypto creators out there. Uh, definitely a personality and apparently no longer with the company.
China's a worsening economic slowdown is Rippling across the globe, so now we should probably not talk about drama and little kids giving Financial advice. or really? I guess we could call it life advice. Let's take a step back and talk about the old world economy because I Know that's why you guys come to me. I Know you guys come to me a 29 year old with no professional background in the economy in Wall Street We're really success on any measurable scale, so let's just dive right into it.
Let's get these unfounded opinions out there. China's economy was meant to drive a third of global economic growth this year, so it's dramatic slowdown in recent months is sounding alarm. Bells Across the world, policymakers are bracing for a hit to their economies as China's Imports of everything from construction materials to electronics slide, Caterpillar says: Chinese demand for machines use building sites is worse than previously thought. U.S President Joe Biden called the economic problems a ticking Time Bomb One of the few things he probably got right.
Honestly, Global Investors have already pulled more than 10 billion. That's 10 billion. That's a fat stack from China's stock markets, with most of the selling in Blue Chips Goldman Sachs and Morgan Stanley have cut their targets for Chinese equities with the former also warning of spillover risk to the rest of the region. Now this might be both.
This might be a bold thought, but hey, you guys know I'm just an idea man. And there's no wrong statements when you're brainstorming. why doesn't China just make fictitious charges to Ubereats? You know, if two guys were able to pull out a million dollars each, why doesn't China just try to save its own country by doing the old Ubereats scam. Just an idea. It's just an idea I don't know if it's right I don't know if it's wrong I'm just saying if the old CCP is listen to Maddie boy right here. Just an idea. So just wanted to share all that with you one way you. could do it is trust in your degenerate Traders trying to reduces tax on Stock Market trading by 50 to boost Market Hell yeah brother.
should we all move to China and start training in the Chinese market? I mean granted I don't make any money any profits anyway. so like whatever, the tax rate is multiplied by negative I still don't have to pay shit personally. but for some of you who actually like make money, you could pay 50 less. so just more ideas.
Uh oh oh geez, is it really trading into clothes? Oh brother, how much I have 17. everyone hold on to your butts because Piper's still training. She just went long in the NASDAQ she just went long in the NASDAQ and she's she's about to go double along on the S P 500. Oh brother oh brother oh brother oh brother oh brother Biden Signed State of Emergency order for Florida as tropical storm.
how do you I I did I Dalia Idalia Italia Where is this name from? Why do we come up with these names? Sorry I'm all nervous about what. Where is this name popular? Is this like the name our great grandparents Idalia Dahlia Italia Adalia uh uh. they already made it for the hurricane. Looking at how to say more, this is a name of Spanish origin Spanish Because it is nailed, it should I be the ambassador to an important country for the U.S I mean just my foreign relations skills are off the chart anyway.
Um, looks like you're getting some water down in the Southeast So if you're down there, please be prepared for this. This maybe has an impact on the market. It's going to cover something. Oh geez, it went double long.
Shit shit. what are you doing to me? Okay, okay okay, everyone freak out right now. this is the appropriate time. I was up like I said 103.50 on the day and I was about to brag.
but we're either going to be ending the day better right here. As you can see, we're double long on the NASDAQ and on the S P 500. Uh, both in the Oh brother. How's this gonna end? How's this going to end? We have two runners.
Come on man, is it gonna update appropriately? Okay, well, this one at worst is about to go break even if the NASDAQ pushes a little bit more. In the worst case, Okay Boom, we're over break. Even so, no matter what, the trailing stop loss is gonna work and almost true. I Just needed to push a little bit more.
So I at least don't lose money on the trade. You guys get that vibe. You guys get that. Vibe this one the Es needs to push one more tick and then my trailing stop loss. Okay, boom, no matter what, I'm not losing money on the trade. Uh dude. Piper's crushing it. You know where is Piper Everyone hold tight I'll go find Piper to celebrate.
Just hold on to your butts. Look at this one. look how long she's getting. Dude folks, you guys see this.
that's a long cat right there. Yes, you guys wanna oh look at look how long she's getting she Vibes in. She has a Cool vibe. Where was I on the show? Eh, oh uh oh she's Piper oh oh sorry.
Jesus Before you know it, Animal Control is gonna get called on you for being such a partier. All right, we're Piper that's your money dude. that's your kibble and bits right there. You're up eight 900 on Piper Do you see how good you are at this dude right there? 900 Unrealized.
She doesn't even care. Dude. this cat makes money so easily. That shit.
dude. she's up a grand right now and she doesn't give a shit man. dude. money.
Honestly, as a cat Dad I've done a very poor job teaching her the value of a dollar and it's just because she makes it so easily. She has no respect for money because to her it's nothing. Dude, she's like a grand 10. Oh, you want down? Okay, bye bye Adios! Amiga I've been trying to teach her a little bit Spanish I Realize that there's many advantages to growing up in a Bible oh dude, stop biting my foot.
There's a lot of advantages to growing up in a bilingual household. So I'm trying to teach her a couple languages. Uh, just so she's a little bit more well-rounded as as a cat. Uh, but anyway, folks, we have a show.
You guys are getting me distracted. There's a storm if you're in Florida Be safe. Don't don't be brother. Uh oh, what just happened there? Uh, so one of them locked in right here.
Bada bing bada Boom long at 39 out at 46. So it took seven points. So that's 350 locked in. and then we have this other Runner right here that's still up.
So as long as this is over, uh, 650 I think it should be about a thousand something like that. Uh, but right now, 464 locked in. But all right, that one just locked in too. Um, so up 978 on the day up, 978 so I'll cover what Piper was up to what she wasn't up to.
But she's not the only storm going on right now. There's a storm in the studio named Piper She's putting up a trading Frenzy The other storm is the tropical storm that could become a hurricane. Just please be careful with it. please.
we don't need another one of these these situations. Hawaiian Electric points finger at Maui County over devastating Wildfire Stock jumps 40 So 80 Going crazy today. Obviously going crazy today. But what I want you to know is with this obviously certain areas can be like all right, there's the human side of this where whether it's fires or hurricanes or earthquakes, be careful folks. like just on a human. No I need you to be safe out there. But in terms of the world of the market, there is also sometimes some opportunity. So early this morning I noticed a lot of people were talking about he going absolutely Bonkers So I just wanted to share a bit of that with all of you of kind of what's going on there, why there was a move and basically they're pointing blame at someone else.
Speaking of pointing blame Trump and other defendants set to be arraigned as September 6 in Georgia election case. So you need to know about September 6th. but then you also need to know about oh no this one. uh oh did I lose all? My Trump trial in Doj 2020 election case is set for March 4th.
Now what I think's about interesting about this is if you pull up your calendars and look at March 4th like if you fast forward to next year if you believe in the Gregorian calendar that's Monday Monday March 4th is obviously followed by Tuesday March 5th now and I know that might be crazy I Know there's a lot of people in here who your mind is blunt. your mind is like no, no, no Monday March the 4th is followed by Tuesday March the 5th I know but I'm actually not even done blowing your mind right now I'm not done blowing you right now. There's one more thing I need to bring up that's super. Tuesday and I'm not the biggest political nerd out there in the world, but I think Super Tuesday is kind of like an important day in the world of like voting and picking our next president.
Isn't that kind of weird that they're doing this the day like most likely Trump will be the GOP nominee? Uh, isn't that a little sus like, does no one else find that like maybe it's just me and I can move on? maybe I'm just like oh, I don't know maybe I'm I'm reaching a little bit for this one. but I do find it weird that this is all happening on Monday March the 4th and then Super Tuesday An important political day is Tuesday March the 5th I don't know. Wanted to share it. wanted to share it.
wanted to share it. Trump's social media tax against prosecutors could backfire in his attempts to delay his criminal trials. A federal judge set Trump's election interference trial for Washington Dude, this cat's going crazy. man.
Get out of there. She never listens to me. Dude: I'm not I'm not pissed I'm not pissed. You're pissed.
Prosecutors want to trial quickly because Trump's social media tax could influence the jury pool. How do you have an unbiased jury at this point? Like where in the world are they going to find a group of non-biased jury members? I Just I Just don't understand. How is that possible? How is that possible whatsoever? So anyway, that's the big political news of the day. That's the big crypto news of the day.
That's the big market news of the day. Speaking of the big market news of the day, you should know about the Big Market News of the Day for tomorrow. and what I'm really talking about is at 10. A.M Tomorrow we get the Jolts data job opening, so that's coming out at 10 A.M Tomorrow Tuesday August 29th Obviously I'll be streaming on Wednesday we will. Negative: Then it went neutral and over the past 10-ish years, it's been trending. Oh no. Oh did I get cut? Hello hello hello hello hello. Is it streaming? Stop biting.
So bad. All she does is bite stuff. She's just biting cords back. You can't do that.
Man, We have a show. We have fans. We have people. We talked about this.
We talked about this. Did she get so confused? She doesn't know what she's doing. She's a little baby. She's a little baby.
She doesn't know what she's doing. She knows she's doing. Dude, you know what she's doing. All right.
Where are we? Where are we? I Want you to know that the seasonality for tomorrow Tuesday August 29th Uh, slightly favors the bulls. Not not like a crazy favoring of the Bulls, but a favoring of the Bulls Nonetheless, Dude, this is what happens when you get them on catnip a little too early. They just become so disrespectful. as kids.
They get all amped up on the nip, all jacked up on the nip, and they just do what they want to do. It's crazy, but hey, it's not that I can't handle stop dude. Right back to the chords. It makes no sense dude.
she's she's She's like intentionally doing the things I Tell her not to do like. she's going out of her way. Well, she'll be getting a Stern talking to later on if what's going on. hello, hello, raise your hand if you can see me.
Are you guys there dude? this is going crazy. What is she doing? Hop? What's my internet? dude? Is she cutting? um, uh. speed test. Why is it? Why am I dropping packets? Why am I dropping packets we're collecting.
We're connecting New York to New York Hey I'm walking here I'm what? I'm walking here I'm internet in here brother I'm Internet in here brother. Let's see. it's not the download that matters right now. it's the upload that's dude.
My upload is cruising. It should actually be higher. though. it should be matched.
It should be nine, nine hundred down to 900 up. Um, where was I Where was I Where was I Uh, okay. Overall: Market actually looking pretty strong. Wrap up.
Downside: Gaffel cleans up the chart. If it can get above and hold above 4 43 tomorrow I'm looking at the low 445s that would be last week's High the high from Thursday Definitely watching that. Obviously a bit of craziness going into the Jerome pal talk on Friday A lot of sell-off in anticipation of that, but a somewhat decent recovery like today. The way I would look at this, it pushes below the low on Friday reverts back up gaps up showing some strength gets the downside gaffle to clean up the chart they try to push down bounces out of that. I would actually say if I had to guess right now and I do like to guess a lot I would guess that tomorrow is gonna favor the Bulls So I just want to throw that out there that if it can get above and hold above 443 I'd be watching 445 and some change in terms of the accused similar situation not ending above. Its open though, so a little bit weaker, but the cubes have been a bit more dramatic to begin with so just wanted to share that with you. And now did the market officially close? I Have to wait till 4 pm to do the market review. Actually no I don't because it's done trading.
Uh, the algorithm should be officially turned off right now. so let's do this. Let's see this is a real account. Uh, started with 5K Uh, now it's trading at 6.1 K Uh.
Kind of doing a small account challenge trade manager analysis. so this is just for August 28th August 28th. Let's see how we did. So this is this is the real stuff.
The Real McCoy if you will I guess I can make a big screen? Um, that's a little small. Is there a way I can make this better? Uh. preferences font fault. Uh, let's see if I can make this 18 in bold set as default.
Can you guys see that a little bit better? Thumbs up if you could read that a little bit better. I know sometimes it's small, especially if you're on mobile. Um, do you guys want to even I could try to make it even bigger I could go bigger I could go bigger settings preferences will go to 22. set as default.
even bigger. you guys good with that good Bueno Okay Cool! So this is how it all went for today. So for my account, the ACT this is not fake money I mean this is this is me. uh my my real money.
My real account. So for today August 28th uh Piper goes long and short so you could play both ways. So uh, profit factor of 2.21 So for every dollar spent in total, it returned two dollars and 21 cents. Not a bad deal.
Uh, let me collapse that. Uh, so it. but it was only 54. Profitable now.
I Want you to understand that that's not a bad thing. Don't just focus on accuracy. There's some training strategies that only have 20 accuracy and they're profitable. And then there's some that have 90 accuracy as a 9 out of 10 trades.
They're right, but they're still like a not a net loss. You need to look at the average size of your winners and the average size of your losers on top of your accuracy. So this strategy it's going to be about half half. It's about a 50 accuracy, but what matters is the size of the winning trades versus the size of the losing trading.
Half of the time it takes a small loss. the other half of the time it attempts to take a larger winner. So the average winning trade was 255. The average losing trade was 135.
So obviously when you multiply that by 50 accuracy, you're going to be net ahead. So on average per trade today I made about 75 dollars. It traded in total 13 times, 10 long trades where it made 1.1 000 and then three short trades where it lost 130. So I just wanted to give you a breakdown of how this is going. I'm now on version like 30 of this code. uh the profit factors I'm obviously happy with how the Longs perform today. not the most happy with shorts. Here's a quick look as you can see uh out of the gate had a losing trade, then it went positive.
it was actually down for most of the day and then I don't know. At around noon it started to really heat up into close. So I'm going to focus on like what caused some of these losing trades. Sometimes it just happens like that.
like you're not going to be able to avoid all losing trades. but if you could find a commonality in most of your losing trades, well that might be another useful all like filter for you to add on to. like, try to avoid those. So I'll see if I can see anything common that happened in here because it lose or lose or loser small winner and then a loser.
So I'll do a little bit of data mining on it. Uh, what else do we have? Here's the performance. Oh and just so you know, I guess this is a good point. I Was trading two things today as you guys saw right here so it ended up 978.
The long trades are what really saved it if that makes sense because today was a bit more of a bullish day. How do I get out of this right here? Nope. Foreign. oops.
As you can see, today it was trading the S P 500 on the Futures market and also the NASDAQ 100. So I was trading Es and NQ and actually no, that's A. you guys didn't ask this but you guys should have asked this if you were paying attention. Uh uh.
all symbols show only Es U23 okay uh, show on. Let's see how it did on the two different markets. Okay, not a bad deal. So when trading the S P 500 that made 427.
So obviously the leftover 550 was from the NASDAQ Uh, once again, losing on the short side today, winning on the long side today, let me uh. nqu23 add okay, uh, remove. Let's just double check our math there. nqu.
Yep, the other 550 was from the NASDAQ. so roughly half and half today. Um, the NASDAQ was slightly better. which makes sense because the NASDAQ is slightly more volatile and also in back testing this strategy, the results are slightly better on the NASDAQ.
So actually in reality, today, it was a good day across the board. What? I Like Here is how the NASDAQ it technically won at the end of the day on both long and short trades while the S P 500 only went on Long trades and ended up being a net Loser on short trade. So, uh, worthwhile to know it actually didn't lose shorting today, Huh? Interesting, interesting, interesting. But anyway, just wanted to give you an update of the current state of Piper I Still have various things I Know One of the most common questions I get is like when's this going to go live Like when am I going to put it out there I need to improve it. The answer is it goes out there when I'm actually comfortable with it because I myself diving into the numbers. No, it's not exactly where I want it to be quite yet. So I'm going to spend more time tonight refining it, getting it to the level that I very much needed to get to. And obviously it's not going to get there without my the assistance and help of the head and macro analysts here at our hedge fund Miss Piper herself.
so we'll be diving into that. But folks, what you need to know is tomorrow, 10 a.m and a half hour into the trading day, there's going to be some reports, some job related reports which tells us about the current state of the economy, so look forward to that. I'm expecting a little bit of volatility and hopefully a lot a bit of volatility. so that's coming down the pipeline tomorrow.
Other than that, in the world of what could influence the economy, there is some political movement right now between surprise surprise Republicans and Democrats fighting endlessly about everything so that is seeming to like heat up a little bit. So I'm paying attention to what's going on over there in terms of technicals and price action right now. The spy and the cues are mid-range from the crazy big bar we saw on Thursday the big bearish bar we had the day before Jerome Powell spoke at the Jackson Hole Symposium so I'm looking to see which way it breaks if you ask me when I paired together today's price action with tomorrow's seasonality. I think that the Bulls have an edge tomorrow, but just because you have an edge, it's not a guarantee.
So I'll be focusing a little bit more on the bullish side of things. but I just want to let you guys know where my mindset is at on everything. That's what I have for you. For now, there actually is some surprise things so if you go to rumble uh let me just I want to make sure it went live right here.
How To Trade Futures A Beginner's Guide for 2023 it is up on Rumble It is live and then also it's at the YouTube channel that you guys officially got to over a thousand a thousand viewers right here recently. So right here. How To Trade Futures Beginner's Guide 2023 So what? I just showed you about? That's all. Futures Trading the S P 500 the NASDAQ 100 on the Futures Market I've been talking about systematic trading.
oh that's a hot look right there that is. How did I even make that face listen to me Trey dude if I saw this face I would not listen to that kid trade. I'm just gonna be honest for you for a second if I as soon as I saw this face I would be like that kid does not know shit about trading. uh but that's just my own opinion.
do whatever you want with it. But anyway, if you want to know about Futures Trading Uh I Made an intro beginner's guide video right here. It's only 10 minutes of your time. Watch on double speed I Think you're gonna like it? Uh, don't forget to drop a like that would be awesome. Uh, that's what I have for you now. We will be posting some content later on this evening, so make sure you're subscribed to both Rumble and YouTube Make sure your notifications are on and then we will be streaming once again tomorrow. Morning 9 A.M Bright and early I Hope to catch you there I Hope you enjoy your evening I Hope you get to hang out with your friends family and if you don't like any of them, hopefully you get to hang out with your cool cat. That's what I have to do now I Appreciate all the Good Vibes thank you thank you thank you I'll catch you later have a good one.
Peace All right Foreign.