Reviewing the trades that made me 3+ million 2021 — Transcript

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1. 0:01[Music]
2. 0:03hello guys david dexter welcome to this
3. 0:05video and today i'm gonna go over my 21
4. 0:08year performance
5. 0:10so hopefully you guys can learn
6. 0:11something new and this year has been
7. 0:14really crazy and for how much money i
8. 0:17made i'm not going to say
9. 0:19but i'm gonna
10. 0:21you know talk about my three zero
11. 0:23statements which i made about
12. 0:25close to 3.7 million dollars along this
13. 0:28year
14. 0:29and uh
15. 0:31i'm gonna go through different tickers
16. 0:32and go through how many times that trade
17. 0:35per day so which most of you guys are
18. 0:38very curious about
19. 0:39if you're just a beginner
20. 0:41get into this industry so other than
21. 0:44that yeah let's get into the video and
22. 0:46make sure hit that like button
23. 0:49so in 2021 uh
24. 0:52as you can see
25. 0:54uh total summary made about 3.68 million
26. 0:57this is not including the borrowed fees
27. 0:59the borrow fees are probably around 300
28. 1:02to 400 000 so net profit will be
29. 1:05anywhere between three to 3.2 million uh
30. 1:08it's not that bad if you are comparing
31. 1:10to 2020 which is another
32. 1:16crazy year
33. 1:18it's going into 20 january
34. 1:21made about 2.8 million so
35. 1:24i did i would say i saw the improvements
36. 1:28on my risk management
37. 1:30you can see that i had four red mounts
38. 1:33january march
39. 1:34uh september
40. 1:36and november i shouldn't took this
41. 1:38massive i would say massive mistake it
42. 1:41was it's not a big loss but definitely
43. 1:44missed a lot of opportunities there last
44. 1:46year in november
45. 1:48so
46. 1:50which i did a significant improvement
47. 1:53in this year
48. 1:55as you know that the december in 2021 is
49. 1:58pretty slow so i only made 127 000 but
50. 2:02overall i did really well
51. 2:04and i only had three red month april
52. 2:07june and september
53. 2:09uh april losses are really minimum so
54. 2:13which i'm glad
55. 2:14and uh
56. 2:17this is just profit and i'm going to
57. 2:19dive into specific tickers so this is
58. 2:22how i really manage my risk and you guys
59. 2:25can take my decent notes on it i've been
60. 2:28improving on year by year so i'm still
61. 2:30working on it and i'm still learning i'm
62. 2:32not
63. 2:34graduated from the market yet so as i
64. 2:37keep learning i will share more
65. 2:38experience about how i really manage my
66. 2:40risk but as for now let's dive into the
67. 2:42tickers
68. 2:43so as you can see then there is an
69. 2:46entire page let's see
70. 2:50that's 94. so i traded 94 takers in
71. 2:54total in 2021
72. 2:56and
73. 2:58if you count all the trading days i
74. 3:00trade probably once every three days
75. 3:05between hot and slow seasons so i don't
76. 3:08trade every single day as you can see
77. 3:11four overall if you took look at my
78. 3:13biggest losses and my biggest scan
79. 3:15they're pretty similar and i'm trying to
80. 3:17keep my biggest skin and biggest losses
81. 3:20up to an even level so
82. 3:22if you have a solid
83. 3:2470 winning percentage you you will
84. 3:26always come out ahead
85. 3:28so
86. 3:30asag this is probably the biggest
87. 3:32mistake i made i traded about three
88. 3:35times in a row uh each time lost about
89. 3:37one hundred thousand
90. 3:39uh it was a low flow
91. 3:41gap up short definitely over traded my
92. 3:43mistake um i learned a lot from it but
93. 3:48never sizing too much into a ticker on
94. 3:50my first green day on gap up short not
95. 3:52really worth it this is where i was
96. 3:54testing my limitations of
97. 3:57how much you can size in
98. 3:59in the first green day and
99. 4:02i definitely oversized learned the
100. 4:04lesson from that and i never made the
101. 4:06same mistakes again so this is at the
102. 4:08beginning of the year
103. 4:10amc uh
104. 4:13this i made about three trades on it uh
105. 4:15so if you look at the tickers this is
106. 4:18how much
107. 4:19in total i lost this one i tried about
108. 4:21three times on the way up each time i
109. 4:23lost about sixty thousand
110. 4:26uh sixty thousand ish so
111. 4:28in total plus the fees it comes out at
112. 4:31230.
113. 4:33uh
114. 4:34that's the i think the major loss you
115. 4:36can see the eight thousand eighteen
116. 4:38thousand
117. 4:39uh there's another one 268 000
118. 4:43lost 163 000 loss
119. 4:46so one two
120. 4:48uh
121. 4:50let's see
122. 4:51three
123. 4:53four five
124. 4:57uh yeah those are the five biggest
125. 4:59losses that i have
126. 5:00throughout the entire 2021 all the rest
127. 5:03of the trades will be under 100 000 loss
128. 5:06and you can see
129. 5:08all those winning trades uh 120k 30k
130. 5:12240k 100k
131. 5:14uh 284 thousand so 331
132. 5:18and compared to koss which will be
133. 5:21284 thousand
134. 5:22those are pretty similar
135. 5:24those are thirty thousand apart and my
136. 5:26biggest win plus the biggest losses uh
137. 5:29is
138. 5:30pretty much didn't have zero it's hard
139. 5:32control to
140. 5:33331 losses and thirty three hundred
141. 5:35thirty one gains uh because stocks react
142. 5:39different and they are low floats so
143. 5:41it's hard to
144. 5:42keep them
145. 5:43exactly even but i get my point
146. 5:46so
147. 5:50overall
148. 5:51uh did pretty well this year
149. 5:53and
150. 5:55uh let's look at some of the losses uh
151. 5:58together so you guys can kind of get my
152. 6:00point of why sets then
153. 6:03and
154. 6:04why is it not a good idea to settle in
155. 6:06too much and place over
156. 6:08to trade in the same ticker in the same
157. 6:10day so for aacg this is where i made my
158. 6:13mistake
159. 6:14you can see that i was betting on this
160. 6:16gap up short it pushed up to the 570s
161. 6:19and get a fake out right here
162. 6:22i don't know why you can zoom in
163. 6:24um
164. 6:25then you pull it back down so this is
165. 6:27where i shorted it and it reversed again
166. 6:29um pushed up
167. 6:31uh broke through the five ninety five
168. 6:34seven areas that's where i cut my losses
169. 6:36so i did one two launches right here
170. 6:38because they have multiple fake outs
171. 6:40and they're not fake out so all of those
172. 6:42mouses plus together each of them is
173. 6:44100k because i sized in i think was
174. 6:47seven hundred thousand so each time i
175. 6:49was taking
176. 6:50uh seven percent eight percent
177. 6:54yeah
178. 6:55ten percent losses each time so
179. 6:58that's where i took the massive losses i
180. 7:00didn't even get caught by this huge
181. 7:02run-up
182. 7:03so
183. 7:04overall
184. 7:06lessons from taking this
185. 7:07specific losses
186. 7:10whenever you're looking at the gap
187. 7:11offshore if it goes over 300 it's not
188. 7:14really worth it to shorting to it that's
189. 7:16number one number two if it performs
190. 7:18over three times on the fake out
191. 7:21uh if you screw up two times on the
192. 7:23trade do not ever trade it again this is
193. 7:26where i made my mistake i could minimize
194. 7:28this to a 200k losses
195. 7:30but instead of 300k
196. 7:32so
197. 7:33this is where i could improve on in the
198. 7:35future is i could not touch this one
199. 7:38because it's up 300 already
200. 7:41and i screwed up over three times on the
201. 7:43sticker so i could minimize it to a 200k
202. 7:46i could just not trade the sticker at
203. 7:47all from the
204. 7:48first criteria so
205. 7:52and every single year i will look at the
206. 7:55tickers and where i made the mistakes
207. 7:58and to really revalue
208. 8:00uh
209. 8:02is this mistake avoidable
210. 8:04how can i place a criteria for myself to
211. 8:07see
212. 8:08okay this is not treatable in the next
213. 8:10time so
214. 8:12now for some tickers you can see uh you
215. 8:14says in too much it's not really
216. 8:16avoidable that's fine uh just take out
217. 8:18all the things that's not necessary uh
218. 8:21especially
219. 8:22the traits that you forced in um so
220. 8:27that's something that i personally do
221. 8:30for myself every single year i think for
222. 8:33beginners as you guys should do it as
223. 8:35well
224. 8:36so
225. 8:37um
226. 8:41overall you can see my performance right
227. 8:43here and i don't trade that much once
228. 8:45every three days
229. 8:46and every single year make sure look at
230. 8:48your own count statement and find out
231. 8:51all the mistakes that you made
232. 8:53pull out all the mistakes that it's not
233. 8:55necessary and write down the mistakes
234. 8:58that's
235. 8:59that can be avoided
236. 9:01in the future so in this way you can
237. 9:03improve yourself every single year
238. 9:07the main thing about this game is
239. 9:09keep your
240. 9:11max loss and your max win up to the same
241. 9:14level as long as you have a solid
242. 9:17winning percentage you will always come
243. 9:19out
244. 9:20in a year
245. 9:21so i still
246. 9:23couldn't
247. 9:24manage my
248. 9:26um
249. 9:28wins to
250. 9:29massively overwhelm my max losses i
251. 9:32think it comes out every single year and
252. 9:35i'm still trying to improve on that so
253. 9:37as trader
254. 9:39as myself as you guys we're all
255. 9:41improving ourselves so if you have any
256. 9:44comments leave a comment below if i also
257. 9:46have any questions you can also ask me
258. 9:48in the comments as well
259. 9:50and
260. 9:51that'll be the end of this video make
261. 9:53sure to leave a like button and
262. 9:54subscribe i'll see you guys in the next
263. 9:56one
264. 9:59[Music]
265. 10:07you