Trading July - December 2021 Recap: $666,000 + 2022 Thoughts — Transcript

Full transcript

1. 0:01hey guys how's it going jack kellogg
2. 0:03here long time no see
3. 0:06i actually have not made a video since
4. 0:10my 2021 uh first six month recap 6
5. 0:14million in six months i'll put a link to
6. 0:16the description in that
7. 0:18and be sure to check that out because
8. 0:19that's probably my best video that i've
9. 0:21ever made
10. 0:22i asked for 500 or a thousand likes
11. 0:25something like that and i told you guys
12. 0:27that i'd make another video
13. 0:30i thought
14. 0:31over the next couple months about kind
15. 0:33of the the next video that i wanted to
16. 0:34make i really wanted to wait till
17. 0:372021
18. 0:38to finish to make the next six month
19. 0:41recap
20. 0:43and to tell you guys the truth
21. 0:45it was a very different six months i did
22. 0:48not make six million dollars in six
23. 0:50months i actually only ended up making
24. 0:57nine hundred 665
25. 0:57twenty fourteen cents
26. 0:59over the next six months which is still
27. 1:01great money
28. 1:02but
29. 1:03it was very inconsistent very choppy
30. 1:06trading
31. 1:08and
32. 1:10i was not performing anywhere near my
33. 1:13best
34. 1:14and that's okay because you have to
35. 1:16ask yourself
36. 1:18why
37. 1:19were the next six months of the year so
38. 1:21much different than the first six months
39. 1:23and that is because we saw a serious
40. 1:26market shift
41. 1:27with
42. 1:28otcs becoming pretty much extinct
43. 1:32the last six months especially the last
44. 1:34three or four months
45. 1:36per se
46. 1:37and also
47. 1:39to make
48. 1:40the amount of um
49. 1:42money that i did in the first six months
50. 1:45you have to think that i got a little
51. 1:47bit complacent i got a little bit lazy
52. 1:50i kind of just was like okay i'll just
53. 1:52wait for what makes sense
54. 1:54and
55. 1:55now after these six months have have
56. 1:57passed and going into 2022
57. 2:00i realized that i have to
58. 2:02adapt as a trader and it's been
59. 2:05a long enough time for me now to realize
60. 2:08what i have to do i've had a lot of time
61. 2:10to think
62. 2:12instead of work as you can see
63. 2:14all these blank days here where i did
64. 2:16not trade
65. 2:18and
66. 2:19that is actually a first for me i have
67. 2:22been trading pretty much every single
68. 2:24day since january of 2018 and even a
69. 2:26bunch in 2017
70. 2:29so it's been
71. 2:31quite the the four to five year journey
72. 2:34for me of putting in the work every
73. 2:36single day
74. 2:37so
75. 2:38the main thing
76. 2:40that i was focused on was was taking a
77. 2:42couple of these summer months off
78. 2:44so i took
79. 2:45a lot of time off in july the most i
80. 2:46could
81. 2:47i went on a few trips um
82. 2:50all around and
83. 2:52august i was in
84. 2:55italy for three weeks and i think this
85. 2:58is the longest break i've ever taken
86. 3:00almost two weeks
87. 3:02with zero trades
88. 3:05um as you can see like i can go a few
89. 3:07days to a week and then i start to get
90. 3:09itchy and i go for a trade
91. 3:13but anyway
92. 3:14um as you can see like
93. 3:17these months i also i tried to have the
94. 3:20mindset of okay i have a lot of capital
95. 3:23so i'm gonna just wait for
96. 3:25the best opportunities and show up and
97. 3:27hit those hard and then
98. 3:29you know peace out but
99. 3:31that i found was very very hard to do
100. 3:35you really have to stay
101. 3:37focused on the tape and always be
102. 3:39practicing and not be rusty you got to
103. 3:41be
104. 3:42in the batting cage every single day
105. 3:44taking free throws whatever it is
106. 3:46practicing and practicing staying ready
107. 3:48because you can't just show up and
108. 3:50expect to nail the big opportunities as
109. 3:52you can see like my win percent was
110. 3:55around
111. 3:5750 50 with
112. 3:58these big opportunities like i would
113. 4:00make big then i'd lose big would make
114. 4:02big lose big et cetera
115. 4:05so it was very break even and a lot of
116. 4:08unnecessary um
117. 4:10emotional swings i had to go through to
118. 4:14end up
119. 4:15not making too much other than october
120. 4:19october was
121. 4:21my best month
122. 4:23september
123. 4:24i tried to
124. 4:27after taking those big upswings and
125. 4:29large down swings i tried september to
126. 4:32size down and really just focus on
127. 4:34taking singles and this was actually
128. 4:36probably my best month
129. 4:38of taking singles
130. 4:41and actually it looks like
131. 4:44my average gain and loss were about the
132. 4:46same
133. 4:47um
134. 4:48looks like i missed to do i missed my
135. 4:49win percent but
136. 4:52let's just see here on the monthly
137. 4:54review
138. 4:56on my win percent for september
139. 5:06it was about
140. 5:0859
141. 5:09okay
142. 5:11so
143. 5:12that's a little confusing but i guess
144. 5:14that's the data for for this month
145. 5:17moving on to
146. 5:20october october was by far my best month
147. 5:24trading i did good
148. 5:26for
149. 5:28um a bunch of weeks here and i was ready
150. 5:30for the a plus opportunity on dwock and
151. 5:33phun and instead of having these large
152. 5:36downswings i was ready i was focused i
153. 5:38had these few days before i had a couple
154. 5:40days a few days off before
155. 5:43i came back and i just absolutely nailed
156. 5:46and then i nailed again and then it
157. 5:47started to get choppy and i sized down
158. 5:49once again and
159. 5:51this month as well i did have a large
160. 5:54swing on sheba
161. 5:56it was a very good crypto trade for me
162. 6:00so this month was really really good i
163. 6:02don't have the crypto trade
164. 6:04added here this is just stocks
165. 6:06so this was my best month
166. 6:09um in october this is the kind of month
167. 6:11i would have the first six months so it
168. 6:14was nice still to have one really really
169. 6:16really solid month
170. 6:18and
171. 6:21although this kind of set me up for
172. 6:23failure in november and december and
173. 6:25this month as well because
174. 6:29i just started thinking that
175. 6:33okay
176. 6:34hold on guys i'm gonna pause this and
177. 6:36plug in my laptop i'm so sorry
178. 6:40i will be right back
179. 6:43all right i plugged in my laptop so we
180. 6:46don't have to worry about the battery
181. 6:47dying
182. 6:48anymore
183. 6:52so what i was saying was october set me
184. 6:54up for failure for november and december
185. 6:56because statistically
186. 6:58i knew that otcs and small caps
187. 7:01they tend to get hot towards the end of
188. 7:02the year in the beginning of the year
189. 7:04over the past four or five years that
190. 7:08i've been a trader
191. 7:10so we've had at least one or two good
192. 7:12months during that time span every
193. 7:14single year
194. 7:16and unfortunately
195. 7:19i
196. 7:19didn't think
197. 7:21what if they didn't
198. 7:22come back or what if there wasn't a lot
199. 7:25of momentum
200. 7:26so
201. 7:27i came in
202. 7:29with that wrong mentality especially
203. 7:31after having that huge win
204. 7:33on october 22nd
205. 7:36which really kind of
206. 7:38didn't even make me question what if
207. 7:39they don't come back since i nailed so
208. 7:41big
209. 7:45and then came november and i lost about
210. 7:48257
211. 7:49000
212. 7:51and unfortunately it's about the lowest
213. 7:53my win percent has ever been
214. 7:5537
215. 7:56average loss bigger than my average win
216. 7:59and
217. 8:00it actually happened um
218. 8:02the 2nd of november it took a huge loss
219. 8:04on car
220. 8:06it was a parabolic short it was pretty
221. 8:08nuts considering that it went straight
222. 8:11up for
223. 8:12um probably like 30 minutes to an hour
224. 8:15before pulling back and i got i got
225. 8:17trapped in that first wave of
226. 8:20um that first wave of consolidation i
227. 8:23think near 400 before it went to like
228. 8:25five or six hundred but anyway i'm not
229. 8:27going to go over any charts in this
230. 8:30recap i'm just gonna stick to the
231. 8:31numbers and the mindset and the thought
232. 8:33process behind
233. 8:34the last six months and coming into 2022
234. 8:38if you guys want to see charts
235. 8:40and you guys want to watch another
236. 8:42really really really really good recap
237. 8:44go check out mari's recap she's making
238. 8:47this uh recap on the entire year for
239. 8:502021 she's including charts it's gonna
240. 8:52be great i can't wait to watch it so
241. 8:55i'll also put a link to that in the
242. 8:56description both our videos will be
243. 8:58dropping at the same time january 23rd
244. 9:02at 3 p.m so if you watch mine
245. 9:05please please watch hers as well because
246. 9:07it's going to be really really good
247. 9:09and i know she made a powerpoint and
248. 9:11she's been preparing it's going to be so
249. 9:12good so go watch that
250. 9:16anyway
251. 9:17november was really really bad on car
252. 9:20and after that happened i realized oh
253. 9:22crap like i'll just wait for otcs right
254. 9:25i'll wait for otcs because
255. 9:27nasdaq's they suck like
256. 9:29i've traded them the last four months
257. 9:31five six seven months whatever it's been
258. 9:34and i i can't manage my risk as well
259. 9:37um
260. 9:38and i'm not as
261. 9:40good at them as i am with otcs
262. 9:43so i waited and i waited and i took a
263. 9:44couple small trades here and there
264. 9:47and anyway
265. 9:49um
266. 9:50i just ended up starting to trade really
267. 9:52emotional and i couldn't really control
268. 9:53my losses like as you see 15k here 26k
269. 9:5628k 30k
270. 9:58now those don't
271. 10:00look like big losses compared to some of
272. 10:01these other losses but these are really
273. 10:03big losses because i was losing on the
274. 10:05trade so dumb and i think as i got
275. 10:08towards the end of the month i kind of
276. 10:09realized that
277. 10:11i'm gonna have a red month if i don't
278. 10:12get something together
279. 10:14and i just started to try to force
280. 10:16trades and i couldn't accept that i was
281. 10:19wrong
282. 10:20so
283. 10:21that happened and
284. 10:23i lost a bunch
285. 10:25[Music]
286. 10:26now statistically speaking 250k is
287. 10:30you know not
288. 10:33not um
289. 10:34a huge portion of my profits it's very
290. 10:37small
291. 10:38and i'll be fine
292. 10:40but
293. 10:40it still just sucks this is probably my
294. 10:42first red month in
295. 10:44two to three years um and i didn't
296. 10:46really know how to respond to it so
297. 10:49in december i was like i'm just going to
298. 10:50size down and take it easy because i
299. 10:52don't want to lose a bunch more and i'm
300. 10:54pretty happy with december's trading
301. 10:57i size down
302. 10:59except for
303. 11:01i guess i lost a bunch on uh
304. 11:04the third i honestly don't even remember
305. 11:06what trade that was
306. 11:08um but as you can see like it was very
307. 11:10very hard
308. 11:11for me and like whenever i'd have a gain
309. 11:13it would just be canceled out
310. 11:16and
311. 11:17i had one nice trade on tesla on
312. 11:21december 30th it was a swing short
313. 11:24and that was a good way to to close out
314. 11:26the
315. 11:26year i'm happy i had that trade or i
316. 11:29wouldn't have really had any wins all
317. 11:31month
318. 11:32that were
319. 11:33decent
320. 11:36and the last
321. 11:38month in december there was really like
322. 11:40no action at all in small caps or in
323. 11:44otcs so i was branching off to
324. 11:47uh trading tesla a lot and mari has
325. 11:50gotten really good at that she's been
326. 11:52scalping tesla
327. 11:54every single day for
328. 11:57a month or two and she's been uh very
329. 12:00proficient in that
330. 12:02and for me it's hard because
331. 12:05i
332. 12:06i'm not really too much of a scalper
333. 12:08type i like to maximize opportunities
334. 12:12the best that i can
335. 12:14and wait for the a pluses and go in big
336. 12:16and trade those the best i can and kind
337. 12:18of
338. 12:19that
339. 12:21side of my trading sometimes interferes
340. 12:23when i'm trying to take a small scale
341. 12:25position and i understand that so it's a
342. 12:27lot harder for me to be consistent like
343. 12:30she can be whereas if you look at her
344. 12:32profit chart
345. 12:33for the first
346. 12:35her first like 50k she was just making a
347. 12:37few hundred bucks a day and inching up
348. 12:38and inching up and then she went
349. 12:40parabolic
350. 12:41um into the hot otc market in december
351. 12:44january february
352. 12:45um earlier this year and late last year
353. 12:49but then it took her a few months but i
354. 12:52finally feel like she's back at
355. 12:54where she started scalping a couple
356. 12:56thousand a day and it's really adding up
357. 12:59and
358. 12:59i'm still trying to figure out like who
359. 13:02i am and my identity because it's been
360. 13:06a longer time frame for me four years
361. 13:09five years
362. 13:10of doing this
363. 13:12and to tell you the truth i am down
364. 13:15uh just over six figures this month as
365. 13:18well it's january 23rd
366. 13:21so i've been doing my best to get my
367. 13:23stuff together
368. 13:24and
369. 13:25i've been talking to um
370. 13:28talking
371. 13:29out loud a lot of my ideas talking with
372. 13:31other people kind of like seeing where i
373. 13:33stand
374. 13:34and i really feel like
375. 13:37i'm turning the page in mindset at least
376. 13:40also
377. 13:41um november and december and even
378. 13:44october
379. 13:46i
380. 13:47wasn't doing the best mentally so i i
381. 13:49know that that also had an effect on me
382. 13:51and now um i'm doing a lot better so
383. 13:54that's going to help a lot moving
384. 13:56forward
385. 13:57and
386. 13:59when 2022 started i kind of just wanted
387. 14:01to put 20 20 and 1 20 21 in the past and
388. 14:04go out and have a few big trades and get
389. 14:06the year going and that was the wrong
390. 14:08mentality there
391. 14:11so i think that the main thing that i
392. 14:12have to do
393. 14:14is really
394. 14:16i have to open an account with much
395. 14:18smaller size
396. 14:20whatever it's going to be 50 100k 150k
397. 14:23200k
398. 14:24that i can trade
399. 14:26to just stay active right to stay active
400. 14:29show up
401. 14:30try to make
402. 14:32500 bucks 1000 bucks 2 000 bucks 5 000
403. 14:34bucks whatever
404. 14:36and
405. 14:37stay in the game and practice reading
406. 14:38the tape
407. 14:40and uh
408. 14:41staying sharp
409. 14:43rather than just trying to show up for a
410. 14:45big opportunity and try to nail it i
411. 14:46tried to do that with bbig i didn't
412. 14:48trade for like a week
413. 14:51and i showed up for bbig and i was just
414. 14:53all over the place and i did not trade
415. 14:55it well even though the pattern played
416. 14:56out pretty perfectly
417. 14:58and in any other scenario i would have
418. 15:01nailed that trade i'm shorting the low
419. 15:03fives risking the 550 area and covering
420. 15:06into the mid fours low fours
421. 15:09that was just a trade earlier this week
422. 15:11if you guys want to check out the chart
423. 15:13anyway i have to
424. 15:15have a small account that i can trade
425. 15:17with
426. 15:19and
427. 15:21other than that i'll have my bigger
428. 15:23account for the a plus opportunities and
429. 15:25when the a plus opportunities come
430. 15:28i'll fire up the bigger account and i'll
431. 15:30be
432. 15:31um
433. 15:32more sharp and not rusty for those
434. 15:34opportunities and that's when i can
435. 15:36capitalize
436. 15:38so that's kind of my thoughts now on how
437. 15:40i feel like i'm turning the page
438. 15:43and really
439. 15:45feel like
440. 15:47i have gotten through
441. 15:49the
442. 15:50the hard time for me even though i
443. 15:51haven't um profited or anything
444. 15:54yet i just feel that
445. 15:57i've taken these
446. 15:59last few months and
447. 16:02really i've done a lot of thinking
448. 16:04especially on all my days off
449. 16:06um from trading these last three months
450. 16:09and
451. 16:11i'm pretty happy with the first
452. 16:13half of
453. 16:16the first half of uh these last six
454. 16:18months july august september
455. 16:20october
456. 16:22because i did what i wanted i sized down
457. 16:25and i i still sized up on the wrong i
458. 16:28still sized up without being
459. 16:30sharp and ready
460. 16:32and that's i had to learn that and i
461. 16:35also took time to really forget about
462. 16:37the market
463. 16:38just relax be on vacation
464. 16:40spend time with bari family friends
465. 16:44and really just
466. 16:47kind of de-stress from the last four
467. 16:49years of putting so much pressure on
468. 16:51myself to perform
469. 16:54and i know that i've been
470. 16:55really quiet on twitter and instagram
471. 16:59and profitly and
472. 17:01[Music]
473. 17:02a bunch of other
474. 17:04a bunch of other um rooms and talking
475. 17:06with friends and people so if you are
476. 17:08watching this and you know me personally
477. 17:10through trading or whatever it is
478. 17:13i have just kind of been figuring all
479. 17:15the stuff out
480. 17:16and going through a lot
481. 17:18so i apologize for
482. 17:21my absence
483. 17:23and i know you guys will understand
484. 17:26but anyway
485. 17:28i
486. 17:29want to get into
487. 17:31a few more statistics here
488. 17:33so
489. 17:35here's my monthly review we don't really
490. 17:37need to go over this but we will go over
491. 17:39the year review
492. 17:40so this is the year end
493. 17:43results
494. 17:44i'm very happy with
495. 17:46my my winning trades i had a bunch of
496. 17:49you know 40 50 30
497. 17:52okay a bunch of six figure trades as
498. 17:53well
499. 17:54and if you scroll down
500. 17:57to
501. 17:59the bottom
502. 18:00i just had
503. 18:01a few big losses here and other than
504. 18:03that i kept my losses pretty small as
505. 18:06you can say i was saying like the 20 and
506. 18:0830k lost days are pretty bad like as you
507. 18:10can see like i didn't really have that
508. 18:12many 20 to 30k loss days
509. 18:15until it got towards the end of the year
510. 18:18and i had one two three
511. 18:21four five
512. 18:23so i really lost
513. 18:25a lot in
514. 18:27november
515. 18:28a lot of uh big losses
516. 18:32so
517. 18:34the average price of my winner is 90
518. 18:36cents and the average price of my loser
519. 18:38is 40 cents so that's interesting to
520. 18:40know that i actually do better on
521. 18:43higher priced
522. 18:45stocks
523. 18:46and it's good to see that i have more
524. 18:49size
525. 18:50almost triple the amount of size in my
526. 18:52winning positions of losing positions
527. 18:54and this is just the share size
528. 18:57i traded 75 otcs my nasdaq win rate was
529. 19:0165 and my otc win rate was 64.4 so
530. 19:05that's very similar and that's cool to
531. 19:07see that
532. 19:08i'm proficient um
533. 19:11win rate about the same exact so it's
534. 19:13cool to see that they evened out
535. 19:17nasdaq p l was
536. 19:202.4 and otc was 4.2
537. 19:24that's also really cool because i traded
538. 19:26um
539. 19:28otc 25 of the time more
540. 19:31and i had
541. 19:33about
542. 19:34almost double the profit so
543. 19:37i did slightly better on otc even though
544. 19:39my profit factor on nasdaq was slightly
545. 19:41higher
546. 19:43my long wind percent was 62 and my short
547. 19:45one percent was 73
548. 19:477
549. 19:49and i made
550. 19:50once again about 4.2 long
551. 19:53and about 2.5 short and i would say that
552. 19:56most of the long p l was otc but i still
553. 19:58had
554. 19:59a few really good otc shorts
555. 20:02like
556. 20:03wndw
557. 20:04right here that was a really good short
558. 20:07for me
559. 20:10average profit was about 12k average
560. 20:12loss was about 6k
561. 20:14and
562. 20:16yeah that's that's about it that's what
563. 20:18i wanted to cover so those are just some
564. 20:20stats if you guys are curious i i think
565. 20:23it's really cool how they played out and
566. 20:25everything
567. 20:26nothing's really an outlier right
568. 20:28everything is
569. 20:31statistically
570. 20:33appealing and appeasing
571. 20:36and now i'll get into kind of the
572. 20:38pattern performance part
573. 20:40i spent about
574. 20:4250 grand or 49k in short low case that's
575. 20:45really good for the amount of money that
576. 20:47i made but considering that
577. 20:50a lot of my trading was otcs
578. 20:54they don't cost
579. 20:55it was a lot of long trading
580. 20:57so
581. 20:58it was about 75 long so i'm sure these
582. 21:01fees would have been a lot more if i was
583. 21:02primarily a short seller
584. 21:04but net on the year ended up making 6.6
585. 21:07and the gross was 6.7
586. 21:12otcs
587. 21:14otc breakouts were my best strategy
588. 21:17and
589. 21:18behind that i have the otc swing trades
590. 21:21and the panic dip buys
591. 21:23and those really were my main three
592. 21:24patterns
593. 21:26for
594. 21:27a large majority of the year
595. 21:29and as otcs kind of go ex like
596. 21:32go a lot more extinct and they have
597. 21:34lighter volume
598. 21:36i'm not going to be able to trade these
599. 21:37four main patterns which
600. 21:38this is really what i learned 2017 2018
601. 21:422019 and it set me up for the hot otc
602. 21:44market
603. 21:45but now i realize i'm gonna have to
604. 21:47adapt and move into
605. 21:50different sectors
606. 21:52so small caps is definitely the main
607. 21:54thing that i want to focus on
608. 21:57and
609. 21:58once i feel like i'm more comfortable
610. 22:00with small caps i want to
611. 22:02get into larger cap swings mid caps
612. 22:05and
613. 22:07have those
614. 22:09kind of transfer into those especially
615. 22:11with
616. 22:12the capital that i have
617. 22:14um
618. 22:15otcs i'll always know how to trade and
619. 22:17i'm sure if they ever come back i'd be
620. 22:19ready to nail but for right now i have
621. 22:21to accept that they're probably going to
622. 22:23go
623. 22:24away for a long time especially
624. 22:28as
625. 22:29the market
626. 22:30the overall markets are really
627. 22:34turning uh are really selling off
628. 22:38quite largely in the beginning of the
629. 22:40year who knows what it's going to lead
630. 22:43to
631. 22:44uh for the rest of the year but for
632. 22:46right now
633. 22:47i have to accept that they've been gone
634. 22:50uh for pretty much a year and it's it's
635. 22:52time to move on i will be
636. 22:55starting to kind of follow
637. 22:58newer traders and see different kinds of
638. 23:00of strategies
639. 23:02and keep myself more open now rather
640. 23:05than um waiting
641. 23:07i want to kind of move on
642. 23:09and
643. 23:11and yeah
644. 23:12so otc shorts
645. 23:14i i still did really good for the amount
646. 23:16of trades that i took on these
647. 23:18i wait for the best setups and i went in
648. 23:20same with my listed shorts i did not
649. 23:22take that many short trades as you guys
650. 23:23can see it was like 250 short trades
651. 23:27and i profited really nicely
652. 23:30i was really scared to short
653. 23:33uh
654. 23:34a lot of stocks this year because of how
655. 23:36bullish everything was and i felt like
656. 23:37whenever i shorted i would always lose
657. 23:41so
658. 23:42i waited for the best opportunities and
659. 23:44if i started shorting more aggressively
660. 23:45towards the end of the year
661. 23:47i probably would have
662. 23:48made a lot more but
663. 23:51i was still kind of reserved and i still
664. 23:54was very open and i liked going along a
665. 23:56lot more
666. 23:58but now as the markets are selling off i
667. 23:59realize i have to
668. 24:01get better at
669. 24:03at shorting
670. 24:06as you can see february was by january
671. 24:08and february were just absolutely nuts
672. 24:10for otc longs otc shorts as well the
673. 24:12whole entire otc sector was just nuts
674. 24:15and i was still making decent profits
675. 24:17everywhere else as well
676. 24:20march was uh really good as well
677. 24:23really consistent month
678. 24:26april was my first slower month but i
679. 24:28still ended up
680. 24:30locking in a few good swing trades that
681. 24:32i had left over
682. 24:34and but this is when the momentum really
683. 24:36started to shift
684. 24:37and it got a little bit more difficult
685. 24:39and then in may
686. 24:41this was a
687. 24:43gme it was a good trade
688. 24:45i think i made like 200k that day
689. 24:48and that was most of my month but i
690. 24:50still had a few good otc trades
691. 24:52and then in june i was actually read on
692. 24:54otcs and that was my best nasdaq month
693. 24:58with amc did really really good on that
694. 25:01that was my best nasdaq trade of the
695. 25:03year was amc
696. 25:05and then july
697. 25:06was read on otc's again still was doing
698. 25:09good did pretty good on
699. 25:11nasdaq
700. 25:13and then in august
701. 25:15i had a couple like
702. 25:18a couple otc trades and then i was break
703. 25:20even on nasdaq's
704. 25:23september did really well on taking it
705. 25:26slow
706. 25:27and otcs are still tradable but you have
707. 25:29to trade them like perfect to make like
708. 25:31a 5k trade 10k trade
709. 25:33um
710. 25:34and the liquidity is just not good and
711. 25:36if you're wrong you're gonna lose more
712. 25:38than you
713. 25:39expect because it's hard to get out
714. 25:41and my nasdaq game start
715. 25:43wasn't very good that month october like
716. 25:44i said d walking fun
717. 25:48nailed it
718. 25:49those trades were
719. 25:51really good
720. 25:53and going into november was pretty much
721. 25:56red on everything except uh
722. 25:59otc shorts not even sure what i shorted
723. 26:01oh this was htz
724. 26:04uh that was actually a good opportunity
725. 26:05i wish i only traded that this month but
726. 26:07i started getting clapped on
727. 26:11in november
728. 26:13and then i have more a more breakdown of
729. 26:15the stats here i've always had three to
730. 26:17one exactly on otc breakouts
731. 26:2161 win percent when i chase the breakout
732. 26:24my
733. 26:25stats are a lot more break even
734. 26:28the dip buys high win percent 86 percent
735. 26:31on the year
736. 26:32but
737. 26:33um i ended up taking that loss on mm-hmm
738. 26:36and dpls so that's like the majority of
739. 26:38my loss
740. 26:40uh otc trend change is just a different
741. 26:42dip buy term um where i kind of wait for
742. 26:45there to be a lower high
743. 26:47or yeah
744. 26:49no a higher low sorry
745. 26:51and
746. 26:52that was good
747. 26:54first green days was pretty solid as
748. 26:56well
749. 26:58lower wind percent but good risk to
750. 27:00reward good profit factor on the year
751. 27:04swing trades my average percent gain was
752. 27:06100 average percent loss was 25
753. 27:11really really nuts
754. 27:12uh some of the stocks that i was in just
755. 27:15went nuts but i didn't know how to
756. 27:19cut some losses and i ended up probably
757. 27:21taking more losses than i should have as
758. 27:23my win percent was less than 50. uh the
759. 27:26win percent was probably like 80 90 at
760. 27:29the beginning of the year if i just had
761. 27:30cut everything these stats would have
762. 27:32been actually insane but
763. 27:34as you can say you know human nature
764. 27:36doesn't want good things to end so i
765. 27:38held on to a few and ended up
766. 27:42losing buying news
767. 27:44you know maybe 10k this year whatever
768. 27:47uh scouts 15k
769. 27:49and then getting into the shorts this
770. 27:51was very interesting for me to look at
771. 27:54i i thought i would do better on
772. 27:56overextended gap ups this year
773. 27:58but i actually my win percent was only
774. 28:0060 and it was about 80 on the gap downs
775. 28:04so moving forward
776. 28:06otc gap downs are
777. 28:10and i always like to risk 10k on these
778. 28:12so it's nice to see that my losses my
779. 28:14average loss is right around where i
780. 28:16like to risk
781. 28:19so my you know my profit factor was just
782. 28:21a lot better so moving forward
783. 28:23i think that the gap downs are i could
784. 28:26size up more on them this year and you
785. 28:28know if they ever come back and size
786. 28:30down less on the gap ups
787. 28:34not much here otc parabolics 96 win
788. 28:38percent on a 25 count which is pretty
789. 28:40good
790. 28:41um
791. 28:42you just you can't go too big and and
792. 28:44squeeze yourself but they do make for
793. 28:46very consistent money
794. 28:48uh michael good and kyle williams also
795. 28:51trade them and
796. 28:55we yeah
797. 28:56it's a very uh consistent strategy but
798. 28:59you just can't
799. 29:01size up too much like i lost like three
800. 29:03grand so i think i lost like one trade
801. 29:05and i was actually right on that trade i
802. 29:06remember two i just messed it up
803. 29:09it was btcs when it was at like three
804. 29:11bucks
805. 29:14uh otc that's a bounce short and this is
806. 29:17a breakdown
807. 29:19solid
808. 29:20solid stats
809. 29:23and then getting into
810. 29:25listed breakouts
811. 29:27um i mean i had one main trade on amc
812. 29:29for 150k and the rest was probably just
813. 29:31blah but that one trade was worth it
814. 29:35listed dip buys
815. 29:37also high wind percent but the average
816. 29:40loss is is large
817. 29:44and you just have to understand that's
818. 29:45the type of strategy dip buying is
819. 29:47listed first green day i'm going to cut
820. 29:48this out
821. 29:50this year
822. 29:51i you know 35 win rate um
823. 29:54on a 25 count 23 count so i'm gonna cut
824. 29:57that out
825. 29:58listed swing trades
826. 30:00pretty good listed scalp
827. 30:03and then moving into listed shorts
828. 30:08as you can see i also did better on the
829. 30:10gap downs than the gap ups
830. 30:12uh
831. 30:14i lost a bit more on the gap downs
832. 30:16because
833. 30:17usually the risk is a lot wider than the
834. 30:19gap ups
835. 30:21but the win percent is higher
836. 30:24and if this was 2020 my stats with the
837. 30:26gap up would be a lot better but now the
838. 30:28gap down's better i think because the
839. 30:30market was so strong that when stuff
840. 30:31gapped up it was very hard for it to
841. 30:33sell off
842. 30:34so maybe the gap ups will be better this
843. 30:36year
844. 30:37but
845. 30:38um definitely keeping these stats in
846. 30:40mind
847. 30:41and then there's a few more nothing
848. 30:43really uh listed parabolic i didn't
849. 30:46really cover on on this i usually went
850. 30:48pretty big on this as you can see
851. 30:50average dollar gains 48k average lost
852. 30:5224k
853. 30:54i went big on these i'm not sure why so
854. 30:56i'm gonna be cautious moving forward
855. 30:58on on those
856. 31:02and yeah now i will show you guys
857. 31:05my profit chart as you can see
858. 31:09this was in june so i i really went
859. 31:12sideways as you can see like i didn't
860. 31:14nothing really happened except for d
861. 31:16walk and fun like that was
862. 31:18everything right
863. 31:19that trade was that back-to-back day of
864. 31:22making almost like 800k
865. 31:25um and now
866. 31:27as you can see i've been losing for
867. 31:28three months but in the retrospect of
868. 31:31everything i am down 400k but if you
869. 31:34look from the beginning
870. 31:35it's not that bad if i never had that
871. 31:37big trade on dewok and fun and i started
872. 31:39to fade off i feel like it would be a
873. 31:40lot harder mentally
874. 31:42but i'm still above these highs here and
875. 31:45now i feel like i know what i'm doing
876. 31:48um and i'm feeling a lot better
877. 31:51so
878. 31:52hopefully we can we can put a bottom in
879. 31:53here hold this uh form a resistance make
880. 31:57into support and we can start up
881. 31:58trending towards that that nine million
882. 32:00dollar mark and hopefully this year we
883. 32:02can get over
884. 32:04um 10 million at some point not really
885. 32:06sure not really sure when or if it will
886. 32:09happen but i'm gonna try my hardest
887. 32:11and finally feeling back on track guys
888. 32:14so
889. 32:15i hope you guys enjoyed this video
890. 32:17like i said make sure to watch
891. 32:19mari's video it's gonna be amazing i
892. 32:22can't wait to watch it make sure to
893. 32:24watch my previous
894. 32:26how i made six million in six months
895. 32:28this video lesson
896. 32:29uh was a lot different
897. 32:31it went over kind of what happens after
898. 32:34you come off a hot a really hot market
899. 32:36and when euphoria is to the max this is
900. 32:39just straight euphoria guys
901. 32:41um
902. 32:42you know it's not realistic to go
903. 32:44straight up like this
904. 32:46and i am happy at the end of the day
905. 32:48that i didn't lose
906. 32:5050 of my profits and i am happy that i'm
907. 32:53above
908. 32:54where i was
909. 32:55six months ago
910. 32:57so everything's okay
911. 32:59and i found out what i needed to do to
912. 33:03you know be more consistent be in the
913. 33:05game and
914. 33:07also
915. 33:08be ready for those a plus opportunities
916. 33:10because that's the type of trader i am
917. 33:12uh anyway guys
918. 33:14please hit the like and please subscribe
919. 33:18uh it was great talking i hope uh this
920. 33:21video still
921. 33:22gets
922. 33:23the views that
923. 33:25it deserves because i feel like there's
924. 33:27a lot of information in here and i'm
925. 33:29just sorry that it took so long i have
926. 33:31been busy but i am turning the page
927. 33:34so i'm super excited to move forward
928. 33:38and get get back on track with the with
929. 33:41everything
930. 33:42all right guys
931. 33:44have a good rest of your weekend
932. 33:45football sunday to today i'll be rooting
933. 33:48for the buccaneers and tom brady to see
934. 33:50if he can do it again
935. 33:52i love uh rooting for the goats and
936. 33:55seeing how far they can take it
937. 33:57but all right i'll see you guys later
938. 33:59i'll stop talking now
939. 34:01i'll probably see you in june for a six
940. 34:03month recap
941. 34:04later