what's going on guys Patrick here with planned trade profit this morning a
beautiful morning had a big plan and an executor that plan breakdown in this
video talking about my trade on lzb so the whole idea of this channel is to
plan trade in profit sometimes I feel like I don't actually plan enough and
that's some of the days I end up losing right I'm not taking profit when I
should all those kind of things and so last night I actually spent some time I
spent a solid couple hours looking at stocks kind of get an idea making a plan
for today and it actually worked out really really well for me and I ended up
taking profit at the perfect time and I probably could actually give it a little
bit more time but I'm happy with it I made $400 this morning you see my P now
I'm going to open up shutting my P na right here out of the gate make it $400
here on LGB I lost $43 there on XP on Express xpr and I'm gonna talk about
that one real pain the butt butt cre also kind of a weird one I was up 100
bucks at one point ended up not seeing a profit I was being greedy I should have
taken profit when I was up 100 bucks that should stay away from xpr but I'll
break down those trades so just hold on a second all right so first off lzb big
winner of the day I ended up talking about this one last night at 11:10 p.m.
I was up till about 1:00 a.m. in the morning going over stocks look into
stocks kind of get an idea for the day seeing what stocks gapped down last
night after hours as you can see LGB that was the plan I was looking at $26
area.look won that break is $26 and it worked out beautifully here you can see
actually ended up shorting LGB on the tops of these candles here I gave it
some time I waited I actually put my order out there ahead of time and I just
took about 30 40 minutes to get billed sometimes the pre-market not a lot of
action but end up getting filled on this candle there at 2650 I got filled here
on this break I thought we might get a sell off there but only 100 shares there
and then I got filled there at 2650 again at 26 45 so I ended up getting a
foreign shares their total on LGB and you can see I ended up getting the
bottom of this candle covering here 200 shares at the bottom here 25 40 they are
right at 9 o'clock and then and and then I ended up covering there at 25 30 so
both of those some beautiful trades there the support was right around that
area that 25 50 area ended up breaking down it came all way down here at 24 60
they're not open so beautiful trade here it actually spiked
up a little bit and then came back I did not trade it anymore I was not going to
be greedy not going to try to force it you can see lzb
working out just like I planned it had bad news at gapped down the night before
gapping now from $31 had bad earnings and it crashed down there and that was
the plan and I wish you know really would have got this whole move here but
it is what it is taking profit when I got it not going to be greedy not going
to force it and taking that profit there you can see another trade here on expr
real pain too but real just painted blood here so I ended up shorting a head
spike up this morning I didn't really think it was that good of news I didn't
think that it really was going to go but you can see it got there too 695 had a
double top of that 690 area kind of a triple top there and pull it back I
thought running at that break below 650 and then get that sell-off it ended up
selling off later if I had a little bit of a pop back over that 661 area and
then ended up selling off so I covered too early I was playing it safe
obviously give us one a little more time if I could a cover for a nice you know
50 60 bucks profit there on XP our before the market even open there it
dipped down there to 630 it open but XP are kind of mess with me but I just was
playing it safe there and then the other one was CRE I'm really happy that I got
out of when I did ended up shorting CR EE
here at the $21 area a couple more shorts ended up pulling down here the
2050 area previous support near the 2050 area was not a good place to short it
ended up covering here on this candle you can see get the foreigners share
spill there at 2075 and then after I covered it drop down there to 2050 again
so I kind of made a hundred bucks there kind of show to what it's always
hindsight 2020 and I hate to be that guy agents in here and talk about the kudos
the shooters and what I should have done but this is what I did do lzb was the
mover for me today at the big winner internet making $4 on this trade I'm
happy with that small size okay so you know foreigner share it's getting that
full dollar move there I'm happy to take profit when I got it and it is what it
is so beautiful day live streaming everybody having fun in the livestream
hope you guys tune in 9:00 a.m. tomorrow morning I'm heading to Hawaii so I will
not be live-streaming tomorrow morning or the day after that maybe not till
next week till I get back on like Thursday so hopefully you guys won't
miss me too much I'll be working on some videos while I'm
and why I'll be trading only baking some free cat videos and we'll see how it
goes but overall I'll be in Hawaii having some fun for my birthday next
week so hope
guys enjoyed the live stream this morning if you haven't already make sure
you subscribe the channel we just hit 5,000 subscribers it's
pretty awesome I'm really really happy and thankful for all the support a lot
of people showing a lot of great support and really just kind of tuning in every
day commenting having fun with the channel and that's what it's all about
hope you guys enjoyed this video kind of a recap on today making some money here
on lg B make it four hundred five dollars there on LGB kind of breaking
even on those two trades but it is what it is overall the day still happy to be
green and I can set a head into why I got some big things I got we got some
big things in the works so stay tuned