Trading Monthly Recap: December 2020 $789,300 — Transcript

Full transcript

1. 0:01all right what's going on guys jack
2. 0:02kellogg here
3. 0:04december 2020 is in the books 2020 is in
4. 0:06the books
5. 0:08um if you didn't know i had my new best
6. 0:10month
7. 0:11in december of 790 000 which just
8. 0:14blows out my previous best month of june
9. 0:18which was a little bit under 200 000 so
10. 0:20about
11. 0:214x markets just been absolutely insane
12. 0:25i had um about 80 or 90
13. 0:28growth on my total equity this month
14. 0:32and what was it you know 22 days it was
15. 0:35just a lot of insane action we saw a lot
16. 0:37of supernovas
17. 0:38mmedf rscf tsnp
18. 0:43and many others that i will talk about
19. 0:45once we get into the trades
20. 0:47um almost had an all green month but
21. 0:50lost i didn't even lose money i was
22. 0:52realized
23. 0:54i think 9k this day but i had some swing
24. 0:56trades
25. 0:57so they counted on this day borrow fees
26. 1:00were
27. 1:01the most ever which is what you have to
28. 1:03expect as you size up and as you
29. 1:06make your business bigger and bigger the
30. 1:09fees are going to go up and up so it's
31. 1:10just something you have to
32. 1:12be okay with and i know a lot of traders
33. 1:14who spend way more in fees
34. 1:16trading otcs actually is really good
35. 1:18because the fees to
36. 1:21borrow stocks are less than a cent
37. 1:22usually at a lot of these brokerages and
38. 1:25the low floats
39. 1:26i say this pretty much every single
40. 1:29monthly recap are just terrible
41. 1:31i mean you're paying like 20 cents a
42. 1:32location it's just ridiculous
43. 1:34uh but otherwise um shorting was not
44. 1:38how i made my money this month i
45. 1:40actually made the majority of my money
46. 1:42going long
47. 1:44493 000 i think
48. 1:47and that makes up a good chunk of my
49. 1:50month
50. 1:51compared to shorting and this has been
51. 1:54the trend
52. 1:55slowly since i took that bigger loss in
53. 1:58september of eighteen thousand and six
54. 2:00thousand
55. 2:01which blew out my new biggest long
56. 2:03losses i think my
57. 2:04biggest previous loss going long was a
58. 2:06thousand bucks and then
59. 2:09i lost six thousand and then eighteen
60. 2:10thousand the next day
61. 2:12um but that really fueled me to get
62. 2:14better at going long like i noted last
63. 2:16video too
64. 2:17in the november recap um
65. 2:20so i took those losses and the market
66. 2:22started becoming a buyer's market
67. 2:24and it just helped me size up and really
68. 2:28learn how to maximize on the long side
69. 2:30so it's just been absolutely incredible
70. 2:32market for the buyers shorting has been
71. 2:34really tough i lost
72. 2:36a hundred thousand a hundred fourteen
73. 2:38thousand i think
74. 2:39um but i made like four hundred thousand
75. 2:42shorting so i was up around three
76. 2:43hundred thousand shorting
77. 2:45uh i think high two hundred something
78. 2:47like that show the exact numbers later
79. 2:49but
80. 2:50average loss was the biggest ever over 2
81. 2:53000
82. 2:54but my average win was just under 6 000.
83. 2:57my ratio was not that good i think it's
84. 3:00just under a 3.0
85. 3:02between average wind average average
86. 3:04lost average win
87. 3:05um like i said again this just comes
88. 3:08with sizing up
89. 3:09you pay more in commissions you pay more
90. 3:11fees so your losses start to get bigger
91. 3:13and a lot of traders who have
92. 3:17these ridiculous stats um like my
93. 3:20girlfriend
94. 3:21she actually just made um a trading
95. 3:24monthly recap which i will link in the
96. 3:26description
97. 3:27but her average win was 600 and her
98. 3:30average loss was just over 100
99. 3:32which is about like a five or six um x
100. 3:36and when you do size up though the fees
101. 3:39get bigger so you have to kind of
102. 3:40expect your your average win and average
103. 3:43loss to kind of tighten up a little bit
104. 3:44if you look at tim gertani's stats his
105. 3:47average win isn't
106. 3:48that much bigger than his average loss
107. 3:49once he started sizing up
108. 3:51and i did take a big loss of 36 000 but
109. 3:54relative to how much money i made
110. 3:56um the loss isn't detrimental you know
111. 3:58it's not like it's 10
112. 3:5920 30 40 of my month
113. 4:02um like i would have to lose 80 grand
114. 4:05for it to be 10
115. 4:06which is kind of crazy but 36k it was a
116. 4:10stupid trade and i could have
117. 4:12not i could have traded this better and
118. 4:14could have caught my losses quicker
119. 4:16could have not
120. 4:16taken so much size into this trade which
121. 4:19was lk ncy
122. 4:21uh it was a parabolic and i just got
123. 4:23blown out of the water in the power hour
124. 4:25um biggest profit was 63 000 on cydy
125. 4:29cydy offered another beautiful trifecta
126. 4:32set up
127. 4:33um from june which was my previous best
128. 4:36month i think i made about 75 000 on
129. 4:38cydly
130. 4:39and we saw the same exact setup this
131. 4:42month
132. 4:42i think it was the 22nd and i ended up
133. 4:45making
134. 4:4692 or 93 000 on it between
135. 4:50the short long and then shorting the
136. 4:52bounce again
137. 4:54for anyone who doesn't know my strategy
138. 4:57or doesn't know like a lot about me
139. 5:00you guys gotta watch all these previous
140. 5:02videos on my youtube channel i have made
141. 5:04a recap
142. 5:05every single month this year i came into
143. 5:08this year with
144. 5:10a hundred and twelve thousand dollars to
145. 5:11start in my accounts
146. 5:14and basically i've grown that now to
147. 5:181.8 million and that's about an 18
148. 5:21x return on my entire capital
149. 5:25but if you come back to the beginnings
150. 5:27my average loss
151. 5:29in january was 90 and 43 cents
152. 5:33i didn't get here from from luck or
153. 5:36anything i slowly built myself up
154. 5:37through these entire months
155. 5:39so if something i'm saying is not making
156. 5:40sense i
157. 5:42strongly suggest you go back and watch
158. 5:43the actual process of how you get
159. 5:46to this level it starts with very small
160. 5:48steps obviously my average gain here was
161. 5:5013.4 000
162. 5:52but if you go back and look at that
163. 5:53video i was i'm pretty sure i would say
164. 5:56my risk was a lot more on that because
165. 5:58it was a different kind of trade
166. 6:00and other than that i was just using 100
167. 6:03risk building a cushion
168. 6:05until i got my big trade and then slowly
169. 6:07i started scaling up the next month
170. 6:10scale up more kind of stayed at the same
171. 6:13risk level for these two months
172. 6:16this month was really good where i had a
173. 6:18really small average loss and a decent
174. 6:20average win
175. 6:21and i just kept building myself up
176. 6:23throughout these entire months this was
177. 6:24june as i noted
178. 6:26uh which was my 75 000 cydy day
179. 6:29uh 184 thousand average loss was 400
180. 6:32so i kept around like a four or five
181. 6:35hundred dollar risk or i tried
182. 6:37um for most a year and then at the end
183. 6:40of the year
184. 6:41i started scaling up because the market
185. 6:43got good and
186. 6:46just basically went for it this month
187. 6:48and another good thing to note was i got
188. 6:50off to a really good start which
189. 6:51uh on the first i made about 135 000
190. 6:55and that gave me a really good
191. 6:57confidence
192. 6:58and cushion to continue to scale
193. 7:01throughout the month
194. 7:02and keep the momentum alive as long as i
195. 7:04can
196. 7:05and other than that like i did have one
197. 7:07more 100 000
198. 7:09day but a lot of these days like are
199. 7:12just really solid like
200. 7:13a bunch of days in the 1780 range and
201. 7:15then a bunch of 20 000
202. 7:1730 40 000 days um finished out the year
203. 7:21strong with a nice
204. 7:2249 thousand dollar day and
205. 7:25that is basically how i got to this
206. 7:27point um
207. 7:29so now to get more into this month
208. 7:32we can dive into the monthly review
209. 7:37so biggest gain right there cydy
210. 7:40rscf another big one for 43
211. 7:44mm edf bitw um
212. 7:47as you can see like a lot of longs are
213. 7:49up here in my top
214. 7:51top five trades three of them and
215. 7:53they're all between 30 and 40 000
216. 7:56and their dip buys and breakouts um
217. 8:00and that's what's really been working in
218. 8:01this market is dip eyes and breakouts
219. 8:03short selling has not been working uh
220. 8:07like less regularly than going long
221. 8:11so i mean
222. 8:14so many five figure trades here and
223. 8:17it's really just pushing myself to take
224. 8:19more size take more risk
225. 8:22when the market's here but you have to
226. 8:23be aware of what's going on at all times
227. 8:26so
228. 8:26if i started to go on a bad losing
229. 8:28streak i would size down immediately
230. 8:30probably back to four or five hundred
231. 8:31dollars until
232. 8:33i start seeing unreal opportunity when
233. 8:36there's so many things going on
234. 8:37throughout the day this is kind of how i
235. 8:39tell when it's hot or it's not
236. 8:42when it's hot you're going to miss
237. 8:43trades all the time and if you just look
238. 8:45at your charts and you're like wow this
239. 8:47was a beautiful breakout this was a
240. 8:48beautiful dip buy this was a beautiful
241. 8:49first red day short and you missed it
242. 8:51that's kind of when you know that the
243. 8:53market's hot because there's all these
244. 8:56plays going
245. 8:57on and when it's slow like you're
246. 8:59looking for trades
247. 9:00you're trying to force trades and
248. 9:03you're going to see a lot more
249. 9:05inconsistency through throughout your
250. 9:06months and then obviously
251. 9:08seeing what other traders are doing is
252. 9:10also a good judgment for
253. 9:12how the market is um i follow a lot of
254. 9:15traders
255. 9:16and that's kind of how i learned is
256. 9:18through other traders
257. 9:19you know on profitly is how i learned
258. 9:21how to trade
259. 9:23and i just watched other people trade
260. 9:25like kyle and
261. 9:27dom uh hudi tim gertani michael good
262. 9:31sykes and i just observed how they trade
263. 9:34and that's kind of how i learned um so i
264. 9:37still follow them and they're all saying
265. 9:38the same things about how good the
266. 9:39market is
267. 9:41my girlfriend she pretty much doubled
268. 9:44what she made the entire year
269. 9:45in the last month too so you know a lot
270. 9:48of these traders really had their new
271. 9:50best months
272. 9:51um so that's how you can judge the
273. 9:52market
274. 9:54so i did trade otc about 90 of the time
275. 9:57i wasn't really even looking at nasdaq
276. 9:59just because i know for me
277. 10:01that otc is my edge over nasdaq
278. 10:05and when there's an otc play that's
279. 10:08ideal and there's a
280. 10:09ideal nasdaq play i'll focus on the otc
281. 10:11play every single day of the week
282. 10:13because
283. 10:14i've been trading otcs for longer i've
284. 10:16been more profitable on otcs
285. 10:18otcs were my profitability in 2019
286. 10:22so 2020 i really scaled up on my otcs
287. 10:26because i was
288. 10:26more confident whereas nasdaq's on my
289. 10:28first year of profitability
290. 10:30if you actually look at pattern
291. 10:31performance here um
292. 10:35this tab so as you can see these are my
293. 10:37my patterns and
294. 10:40493 000 going long otcs um
295. 10:452000 going uh short otc
296. 10:49and then nasdaq i took four nasdaq
297. 10:51shorts and 18 nasdaq longs
298. 10:54um so this really all my profits came
299. 10:57from the short side this month
300. 10:58whereas as you can see throughout some
301. 11:00other months here i've taken a lot more
302. 11:01nasdaq trades
303. 11:03but i want to go up to the top here
304. 11:06um so this is how the year finished and
305. 11:09i actually made
306. 11:10my most money going long otcs which kind
307. 11:13of feels good because
308. 11:14that is where i made the majority of my
309. 11:15money last year and it was really
310. 11:17slacking
311. 11:19as you can see to start the year 3k 4k
312. 11:2112k
313. 11:2210k 12k 16k that was for the first
314. 11:26six months of the year so i wasn't
315. 11:28really um
316. 11:29doing good going long but as you can see
317. 11:32into the backyard i kind of
318. 11:35i needed to put more weight into going
319. 11:37along and then when i did take that big
320. 11:39loss
321. 11:41in september i still finished up 17
322. 11:43grand going long
323. 11:44and then this is where i started pushing
324. 11:46i started getting the feel for it
325. 11:48did a little bit better this month and
326. 11:49then just blew everything out of the
327. 11:50water when everything lined up
328. 11:53um whereas i've been comfortable short
329. 11:55selling
330. 11:56for the first half of the year so it's
331. 11:57really good to get that forehand and
332. 11:58backhand
333. 12:00um so 695 000 going long
334. 12:03or going short otcs and then 772 000
335. 12:06going long
336. 12:07and then as you can see here my nasdaq's
337. 12:10just a little bit over
338. 12:11300 i want to get better at going long
339. 12:14nasdax next year so we'll see how that
340. 12:15plays out
341. 12:17um but other than that let's get back
342. 12:20into the monthly review
343. 12:23my win percent was very high because
344. 12:25there were so many good patterns
345. 12:2672 percent um win rate overall gross
346. 12:29profit was
347. 12:30802 but after my borrow fees that's why
348. 12:33i'm back down to 7.89
349. 12:35um what else i mean average week right
350. 12:37on that 200k
351. 12:38mark which just is just insane so
352. 12:41basically it was having a month every
353. 12:42week because there were so many plays so
354. 12:44many a pluses
355. 12:45private factor was a 6.42 um
356. 12:49almost made a million dollars in gross
357. 12:50profit so 950 and then i lost 150
358. 12:54and then as i was saying my shorting
359. 12:56losses were huge
360. 12:57i lost 112 000 um
361. 13:01shorting on my gross side and that
362. 13:04brought my profit factor down to a 3.55
363. 13:06and my average short loss was 4 000
364. 13:10which is the most i've ever it's ever
365. 13:12been um
366. 13:14and i do think i scaled way too hard on
367. 13:16some of these shorts
368. 13:17when they didn't deserve it this should
369. 13:19have been maybe down to 2k
370. 13:22um average loss going along a thousand
371. 13:24average win
372. 13:255k so really solid stats that's kind of
373. 13:28what i wanted to
374. 13:29risk going into the month was a thousand
375. 13:31dollars on the long side of 2000 on the
376. 13:33short side
377. 13:35um but my private factor was still 6.42
378. 13:38so it's not like i'm gonna
379. 13:40be here and complain about it but too
380. 13:42much because my private factor is still
381. 13:43over
382. 13:44five and anything over three is a good
383. 13:46profit factor but i think um
384. 13:48the elites trade from like a 5.0 profit
385. 13:50factor and more
386. 13:51that's kind of what i strive for so to
387. 13:55get into some charts i mean
388. 13:56these are my gains these are my losses
389. 14:00down here
390. 14:01so took took some bad losses here lk
391. 14:04kneev was a stock that i was in since
392. 14:06august
393. 14:07um it was a pump it just didn't dump uh
394. 14:10super done with it
395. 14:11and then i took a huge loss on alppp
396. 14:14multiple times um big loss on alp
397. 14:18like basically four times um
398. 14:21the stock was really tricky i'll get
399. 14:23into that chart in a little bit
400. 14:25but let's get into some charts now start
401. 14:27with mm edf
402. 14:29this one was really good and this was
403. 14:30the one that kind of
404. 14:32started the month where we started
405. 14:34getting this breakout here in early
406. 14:36december and we just got an absolute
407. 14:37parabolic run
408. 14:39and i missed this long because this was
409. 14:42the time
410. 14:43at the start of the month when i did get
411. 14:45mono and strep throat
412. 14:47if you guys don't follow me at all like
413. 14:50i did get mono and strep throat at the
414. 14:52start of december
415. 14:54so that made it really hard to swing
416. 14:56trade
417. 14:57i was just taking quick predictable
418. 14:59profits at the start of december
419. 15:02other than my my first day where i made
420. 15:04um
421. 15:05135 000 that was because
422. 15:08i was just starting to get sick but i
423. 15:10started to really get sick
424. 15:12um towards the end of the week there and
425. 15:15that really sucked for that first
426. 15:16weekend and some would
427. 15:19rest and just quit but the market was
428. 15:21just too good and i knew i had just keep
429. 15:23pushing through
430. 15:24the pain and that's what i did um
431. 15:26because
432. 15:27this is what i dreamed as dreamed of
433. 15:29like four years ago three years ago
434. 15:32um you know i wanted these supernovas
435. 15:36and this insane liquidity liquidity and
436. 15:38this
437. 15:39huge euphoria of these stocks just
438. 15:42making the insane moves
439. 15:44and they just followed the penny
440. 15:46stocking framework because at the end of
441. 15:47the day stocks
442. 15:48move based on human emotion and the
443. 15:50patterns that's why they stay out
444. 15:52because the patterns just keep working
445. 15:54because that's kind of how human emotion
446. 15:56works where it kind of sneaks and then
447. 15:58gets some hype it goes supernova and
448. 16:01then it gets way too extended it crashes
449. 16:04and then it has to balance because it
450. 16:05gets too extended the downside
451. 16:08but basically i had to show up i had to
452. 16:11keep putting in the work and that's what
453. 16:12i did
454. 16:13so mm-edf i missed this on the long side
455. 16:17and then this first red day i started
456. 16:19getting short bias
457. 16:20and i did short this day but i held up
458. 16:24and i covered my short and it was like a
459. 16:26small gain
460. 16:27so i wasn't tilted on it at all but then
461. 16:30i got super
462. 16:30bullish on it and i did go long here at
463. 16:34293 bucks
464. 16:35because i felt like this was a big short
465. 16:37trap and we could see a speed up
466. 16:39and as we started seeing increased
467. 16:40volume this day it was a really nice
468. 16:42trade
469. 16:43and um i think i locked in maybe like 15
470. 16:46like 10 to 15k on this day going along
471. 16:48and then i swung some over the weekend
472. 16:50and as you can see this stock gapped up
473. 16:53from 360 to
474. 16:554.30 so
475. 16:58this stock had an amazing gap up and i
476. 17:01locked in more on it and then
477. 17:02i think it was up around 40 000 on the
478. 17:04long side trading this
479. 17:06but i did give up some profits because i
480. 17:08got a little too greedy a little too
481. 17:09bullish and it dumped on me so
482. 17:11um gave back a few thousand maybe like
483. 17:13three to five k
484. 17:15and then i did short it but i got
485. 17:16chopped up the short really wasn't good
486. 17:18because as you can see like this candle
487. 17:21is
488. 17:21not the kind of candle we want to see we
489. 17:23want to see that insane buying pressure
490. 17:25like a candle like this where we're
491. 17:26closing near the highs
492. 17:28we did have increased volume and i
493. 17:29should have trusted it more on this
494. 17:31first red day
495. 17:32but i just didn't have it in me because
496. 17:34it was choppy
497. 17:36so now moving on to
498. 17:40rscf we'll pull up that one
499. 17:46so this was another one uh with a
500. 17:49beautiful daily chart
501. 17:50um this was a coronavirus
502. 17:53kind of play i'm pretty sure i didn't
503. 17:55really read too much in the news but as
504. 17:56you can see
505. 17:57it broke up this day on big volume came
506. 18:00back down
507. 18:00and created these nice bottom
508. 18:04daily candlesticks and then started to
509. 18:06creep back up and just went on this
510. 18:08insane multi-day run
511. 18:09over the 80 cent level to 330 and i
512. 18:14didn't
513. 18:14short it at all these three days and i
514. 18:16didn't go long either because it was
515. 18:18kind of a liquid and hard to trade and i
516. 18:21was focusing on
517. 18:22mm edf at this time i'm pretty sure and
518. 18:27anyway this day i gapped up from
519. 18:30240 to basically three bucks
520. 18:34and if you've seen this daily chart
521. 18:36pattern before where these things go
522. 18:38supernova
523. 18:39was looking for the first red day and
524. 18:42basically it kept making
525. 18:43wicks near three tennis and then we
526. 18:46started to lose the open price around
527. 18:48three bucks
528. 18:49so that's where i was getting short into
529. 18:51and uh
530. 18:52it faded all the way it's down sub two
531. 18:56but i knew that this one kind of came
532. 18:59straight
533. 19:00up um so i thought maybe we could
534. 19:03have a second red day and i did stay
535. 19:05short overnight and then
536. 19:07i covered the next day around 175 170
537. 19:11so i left a good deal on the table as
538. 19:12you can see it sold off of 33 cents
539. 19:15um but i probably would have been out
540. 19:16best case into the low 120s 130s if i
541. 19:19really had patience
542. 19:21so just an amazing unwind and that was a
543. 19:24good trade for me
544. 19:26um so just as something to taking a note
545. 19:29like
546. 19:30a lot of these trades show like a lot of
547. 19:32size and you know not like the best
548. 19:34percent gains because
549. 19:35a lot of times like i'll dabble in and
550. 19:37just cut until i get a feel for it
551. 19:39that's kind of my trading style so a lot
552. 19:41of people always on profitly are always
553. 19:43asking me like wow you took
554. 19:44500 grand worth of stock it's like no um
555. 19:47i didn't take 500 grand like this is my
556. 19:49average so i'm in and out a bunch of
557. 19:51times until i get a position
558. 19:52like i think i had 40 000 shares
559. 19:55overnight short
560. 19:56so this says 182 so just take these
561. 19:59numbers with a grain of salt and at the
562. 20:00end of the day
563. 20:02the p l is what's important to me like i
564. 20:04don't really pay attention to um
565. 20:07how much percent gain there is or if
566. 20:09it's a net gain or loss i do like
567. 20:10looking at the expect in
568. 20:12an r um this means how much
569. 20:15this gain is so my average loss is 2300
570. 20:19so this is 27 times my average loss and
571. 20:21it's 62
572. 20:236000. and sorry if i'm talking really
573. 20:26fast but i have a lot of information to
574. 20:28get out just because this month's been
575. 20:29absolutely insane
576. 20:30so trying to jam pack this maybe you
577. 20:32guys could listen to it on
578. 20:34a slower speed or just watch it multiple
579. 20:37times
580. 20:38i've literally been giving away pretty
581. 20:40much all my information
582. 20:41for this entire year and i started with
583. 20:44100
584. 20:44000 and now i'm closing in on 2 million
585. 20:46and like this this information is really
586. 20:48good guys
587. 20:49i'm not charging anything for it and i
588. 20:51mean i have like 2 000 subscribers on
589. 20:53youtube and i have like 2 000
590. 20:55uh views per video and
591. 20:59i just feel like that's super underrated
592. 21:01for like the kind of information i'm
593. 21:03giving out and
594. 21:04obviously it comes down to me who like i
595. 21:06don't push like my stuff like i'm just
596. 21:07gonna put it out there and it's kind of
597. 21:09your job to
598. 21:10to find it and know what good and bad
599. 21:12information looks like
600. 21:14um so just wanted to note that
601. 21:18and now we can get into
602. 21:24bitw which was my best dip buy ever
603. 21:28this was look at this it's the same
604. 21:30exact chart like are you guys starting
605. 21:31to notice
606. 21:32um this was also three green days gapped
607. 21:35up huge
608. 21:36i did end up trying to short it and i
609. 21:38shorted out a 196 197
610. 21:41and they filled me seven shares um so i
611. 21:44rage quit out of that one at 170
612. 21:46and then it just basically dumped all
613. 21:48the way to you know 80 bucks
614. 21:50so a 50 dump pretty much straight up and
615. 21:53the dump was so good and it was high
616. 21:55priced
617. 21:56so i took advantage to size into this
618. 21:59because it wasn't like i needed to buy
619. 22:01five million shares
620. 22:02um when it is a 100 stock i knew i could
621. 22:05take a little bit more size so i was
622. 22:07basically looking to size into
623. 22:08a 100 crack because i feel like that's
624. 22:11where a lot of stop losses would be
625. 22:12so i sized into it um below 100 like 90
626. 22:1680s 85.
627. 22:17the bottom was 82 something um
628. 22:20but it ended up bouncing to like 110 and
629. 22:22i think i had a 90 average
630. 22:24and uh sold into the bounce for 37
631. 22:27000 and unfortunately i did miss the
632. 22:30shore i wish i would show it because the
633. 22:31shore offered
634. 22:33you know 50 downside and the bounce was
635. 22:35only
636. 22:3615 20 best case if you nailed the bottom
637. 22:39the top
638. 22:40um rbtf
639. 22:44was a very easy trade for me i think it
640. 22:46was the most straightforward trade for a
641. 22:48lot of traders out there
642. 22:50this month where mm edf was going crazy
643. 22:54and this is a shrooms play and if you
644. 22:57just look at the chart i mean this 35
645. 22:59level was just
646. 23:00the money ball spot on the
647. 23:04multi multi month and multi-day
648. 23:07so when these breakups line up line up
649. 23:09and they're in a hot sector and it's a
650. 23:11like a perfect sympathy play almost so i
651. 23:14got a
652. 23:14i got long at 35 and i added into my
653. 23:17winner i think i had
654. 23:18um i think i had like a 38 or 39 average
655. 23:21with some realized already
656. 23:23and it gapped up and i ended up selling
657. 23:25my shares way too early for some reason
658. 23:27um just because i was up so much and i
659. 23:29was like okay i'm just gonna sell
660. 23:31but i could have done way better and
661. 23:32actually trying to wait to time the top
662. 23:35with my cells
663. 23:36um so i ended up locking like 33k but
664. 23:40i'm not really happy with um how i sold
665. 23:42this one so early i think i could have
666. 23:44done better on it
667. 23:45so that was the most straightforward
668. 23:48breakout shirt i think this month
669. 23:50and the last one i want to talk about is
670. 23:52lk and cy
671. 23:58this one has been a great trader since
672. 24:01it got
673. 24:02de-listed to otc went on a run here
674. 24:04little ron
675. 24:06a really good run here and then some
676. 24:08news came about out
677. 24:09about them owing i think 180 million
678. 24:11dollars to the sec
679. 24:13and people thought that was um
680. 24:16good i guess maybe people were expecting
681. 24:18more because it gapped up huge and then
682. 24:21i ended up trying to get long it and i
683. 24:22got chopped out and then this was the
684. 24:24day i lost
685. 24:2537 000 and it started going parabolic
686. 24:28um it went parabolic from like 550 to
687. 24:30like 660.
688. 24:32and i knew there was some resistance
689. 24:34here in the sixes
690. 24:37so i got short into the one dollar spike
691. 24:39with a huge position
692. 24:41and it only came back like 10 cents
693. 24:44and i just couldn't cover and then
694. 24:45started skipping up and if you guys were
695. 24:47watching the tape or you should go on on
696. 24:49demand
697. 24:50on thinkorswim and re-watch the tape and
698. 24:52it looked like there was
699. 24:55a fun short or fun buying at all costs
700. 24:58and they're just you know the ask was
701. 25:01620 they're printing 6 35
702. 25:026 30. um huge volume
703. 25:07and then basically the next day i did
704. 25:09good shorting it
705. 25:10and this day i kind of messed up
706. 25:15my bad guys i was just getting a little
707. 25:16um sip of water
708. 25:19um so basically it never really had a
709. 25:21good first red day this day was kind of
710. 25:23choppy and it was a little bit more
711. 25:24liquid
712. 25:25only traded 16.5 million shares whereas
713. 25:27this day i traded 43.5
714. 25:30so i actually made more money shorting
715. 25:32it this day when it had more liquidity
716. 25:33because i could take more size
717. 25:35but this day um i couldn't take as much
718. 25:37size because it was a little more liquid
719. 25:39and i ended up making some money
720. 25:41shorting it i mean let's let's look
721. 25:43so yeah i made uh 30 000 back shorting
722. 25:46it the next day
723. 25:47and then i made an additional 21 000
724. 25:50um this day and then i think i shorted
725. 25:54it one more time
726. 25:55for 7
727. 25:58500 yeah i made another 7 500 on it this
728. 26:00day right here
729. 26:02um so it was decent i mean we'll see
730. 26:05what happens
731. 26:06with it this year maybe we'll present
732. 26:09more opportunities
733. 26:10but that is basically all i got for
734. 26:15this year i mean it is january 2nd now
735. 26:18so
736. 26:19the first day of the markets is going to
737. 26:22be the fourth
738. 26:23on monday so i'll make super excited for
739. 26:27this year the market still looks pretty
740. 26:29hot
741. 26:29and i just want to go in with the right
742. 26:31mindset of
743. 26:33taking optimizing and maximizing when
744. 26:36the market is hot
745. 26:37and then as it cools down you need to be
746. 26:39very adaptive
747. 26:40and take the foot off the pedal put on
748. 26:43the brakes a bit
749. 26:44and just chill and go with the flow the
750. 26:46market is always right you're never
751. 26:48going to be right 100
752. 26:49of the time um it's really cool to have
753. 26:52this
754. 26:53you know 800k um month because
755. 26:56i was already really happy with crossing
756. 26:58the one million dollar mark this year
757. 27:00in early november and just you know
758. 27:03two months later i'm 50 000 from the
759. 27:06next million
760. 27:07so it's it's crazy how compounding works
761. 27:10when the market gets hot
762. 27:12and if you guys didn't see i did have
763. 27:16a twitter post on how i kind of
764. 27:20got my exponential growth on the long
765. 27:21side if you guys aren't following me
766. 27:23it's at jackaroo
767. 27:25underscore trades on twitter which also
768. 27:27will be linked in the description
769. 27:29um so that's a graph of kinda and i
770. 27:32explained how
771. 27:33i went exponential so let's crush 2021
772. 27:37and keep taking it one trade at the time
773. 27:39i'll see you guys later