Nailed a beautiful short on SPY for 50%+ today. Amazing day!!!#trading #daytrading — Transcript

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1. 0:00Guys, I'm loading the 6170 and 1D 180T
2. 0:02puts on spy. I got filled. I'm going to
3. 0:04use 61820 as my stop. My average is 141.
4. 0:08I'm right. They'll just do it right
5. 0:09here. 10%, guys. I'll just use 618 as
6. 0:12stop. Okay, hopefully this is it. No,
7. 0:1312% here. If I'm right, we'll get lower
8. 0:15than previous candle and this is it. All
9. 0:17right, guys. 20% here. This is a tough
10. 0:19spot here. Like, we're still big
11. 0:20uptrend. You can't call tops in the
12. 0:22market, but I'm just reading the tape
13. 0:24and I'm entering. That's it. 25% here.
14. 0:2627% here, guys. 33%. Now, I'm entering.
15. 0:29[ __ ] yeah. Come on, stop playing. My
16. 0:30trail stop is going to be 61750. Trail
17. 0:33stopper. Still up 10%, but I want to see
18. 0:35what happens here. 61 760 previous year.
19. 0:38Look at that wick. Isn't that crazy? So,
20. 0:40you know where your risk is now. Come
21. 0:41on, dump. Give me 616. My trail stop is
22. 0:45going to be 61640. Now, 61740. 38% here.
23. 0:49Okay, reluctantly, I'm taking a trim
24. 0:50here at 38%. And then rest I'll just use
25. 0:5361720 as stop. There you go. 43%. My
26. 0:56zero did 75% on that. I selling now that
27. 0:59doesn't mean market crash right
28. 1:01instantly when you hit like a pocket of
29. 1:03buying selling area something changes
30. 1:05and then tape is changing. This is why
31. 1:07you can't have like fixed biases saying
32. 1:08market crash or market rally or anything
33. 1:11like that. Trade what you see and then
34. 1:13adjust your risk accordingly. Come on.
35. 1:1750% here guys on spy at 616 right now.
36. 1:21Risk never got triggered. This is a very
37. 1:22clean trade. 58% here guys. Zero's up
38. 1:25100%. I'm going to go. I'm done for the
39. 1:26day,