all right so if you watch the live stream this morning you saw there was a
bit of a meltdown I had the full-on FOMO a couple
different stocks moving around like crazy doing some wild things got a
couple scallops here end of the day got back closer to green but still in the
red on the day I'm down about 80 bucks on the day and then - about 150 dollars
in commissions I know I know trust me I literally hate making these
videos but I'm gonna make it because I want you guys to understand that it's
just part of it the emotion of day trading is part of it it gets me so
first off this stock ons went up to 230 from 95 cents I don't know where I
didn't see it I walked away came back later today and there it is ons up to
2:30 up over 128 percent didn't even trade it didn't even look at it
Kate you are a you can see here this morning just talk about a wild one so
this morning I actually went long here pre market and you can see there I went
long there at 865 it didn't want to move so I just end up cutting my loss there
in bang this thing starts squeezing again and up above that pre market high
they're breaking through $10 I got in there at the break of $10 sold there at
10:20 so I got 20 cents there on 500 shares hindsight is always 2020 it's
easy to see here anybody go look at it now how that squeezed up how what an
idiot why did you sell but it's part of it and I mean you can see so up there -
1380 high after breaking through that free market hi there at $10 so Kate you
are a making a crazy move there it was up a hundred percent at one point talked
about this in the livestream everyone was talking about we're talking about it
how it would be a good luck we were talking about how it would be good long
they're above $10 I kind of got worried there had a lot of selling pressure
there at the 10:25 area 1035 didn't want to go higher I want to take profit a
little bit higher there but I was in the right place I had to write myself but
really Kuar was the big mover of the day should've held on to this one she gave a
little bit more time up there to 1380 that would have really turned my bad day
into a great day got a hurricane heading towards me
losing money in the market it's been a day it's been a serious Friday but still
kind of protecting some of my gains this week hey another stocks that we traded
today was KR Kroger so I ended up going short here at open kind of looking for
that spike and I'm being squeezed jumped up here too
169 had a small size so wasn't that big with you lost end up losing a little bit
of money there and you can see after that basically right after I cover just
went lower and lower and lower and lower down here 2040 so I was right there
again I was in the right place just not the right time and kind of just forcing
some trades here Kate our Kroger not working out either you can see kind of
bouncing back there off a 20 40 area and then I don't want to talk about it but
in LNK the big crazy one today again kind of over treating enforcing some
trades I know someone gonna comment say wow why did you trade so many times I
know I did it wrong I know you know now I sit here now that I walked away now
that are now that I removed myself I know that I over traded it but I ended
up getting a couple scalps on it I don't want to sit here all day long and talk
about how I could have done things differently cuz obviously I didn't do
them in the moment I didn't do what I was supposed to do I you know broke the
rules I did things that I should have done better you know frt a was on the
one that we try to get in here on that break of 450 it didn't want to go it got
there to 460 he got stuck and then crashed down here to 370 so try to
minimize my losses trying to get that profit when I have it but just not
working out today it happens I have read days last couple days it's been kind of
weird in the market f RT agency how choppy this thing is you know it had
this set up breaking over that half dollar there 450 that was kind of the
plan 8a OBC was thinking about shorting this one didn't do it
kind of need a I need to focus I need to get back to it and he does not be so
focused on shorting I think that's really what happened with in LNK as I
ended up shorting at pre market I made $90 pre market before the market even
open I didn't I made $90 I was in the green and then NL in case started to run
up and I'm thinking okay boom times shorty I'm gonna short every spike I'm a
short the spikes there but it ends up going up two or three dollars there in
LNK just you can see right here you can see in L and K you know I went short
here made $90 on this drop got in there right there for 15 covered there at 379
had a resistance there at the 414 area it worked out perfectly and then I
thought you know here it open had some resistance again didn't want to go and
then bang started to squeeze I'm thinking well fool this thing's
definitely overextended it wants it crashed down and ended up storming it a
couple times and going along and over trading the crap out of luck
with small size so it wasn't that big of losses so I was able to manage it really
just over trading making way to maître it's once again today I need to really
focus here guys like how to get back on track I gotta get back in the green here
two days of overtraining two days of just being frustrating these
you know getting defeated basically just feels like getting defeated even though
I didn't lose a lot of money you can see my trades here you can see my P&L I
didn't lose a lot of money wasn't that a lost a lot of money today you know I'm
down about 80 bucks and everything but overall it's not that I lost lot of
money taste this soda feeding that I could have made a lot more I was right
there you know Kate you are a this was the big winner of the day I should have
really really killed this one at the end of the day it's my money that I'm losing
at the end of the day it's my choices that I'm making I need to focus more on
taking profit I need to focus more on you know letting the trade set up or
really just kind of not being so buy it if I see a stock like Kate you are a it
gets it has all the indicators for a long go along there if it has the
indicators for go short goes short but don't try to fight the trend I've been
trying to fight the trend too much lately
I've been trying to call the tops in LNK clear example trying to call the top
they're just not working out I need to just focus need to get back to the roots
I don't know I needed I think also trading with smaller size I need those
bigger moves so with the smaller size you know to get a hundred bucks
I need that $0.50 on some of these stocks so really that's comes sometimes
pushing it before when I was trading a thousand two thousand shares I can get
away with only getting twenty cents you know ten cents and still making a
hundred bucks I mean happy with that and I think now kind of you know refocus get
back in the mindset it's okay we can do it won't be doing it I'll be
doing fine I can just kind of breathe get it out of me so I know someone's in
a comment and talk about how bad of a trader I am I've never claimed to be an
amazing trader by any means go and watch any one of my videos I have never once
called myself an amazing trader and I have issues just like every single one
of you hopefully you guys can relate to this video see what happens when you're
emotional what happens when the emotion kicks in luckily for me I was able to
manage my emotion I walked away I came back I breathed I took some small scalps
small-size made some profit got back close to the green on the day but still
you know down 80 bucks - commissions it is what it is so on
that note it's the weekend the hurricane Irma is on the way to Florida I got a
shup some things around here get ready for a hurricane if I'm not here on
Monday say a prayer for me because I'm in heaven and the hurricane took me out
so I will talk to you guys later
you