When i'm at the desk the glasses go on guys, i always freaking hate wearing these things, but uh i've been going to the ophthalmologist a lot and they've uh they've been yelling at me, saying you got ta start wearing your glasses buddy. So here we are. I am in fact, going to start wearing my glasses. I guess it is what it is, but nonetheless, what is up? Everybody welcome to trade, trades, really freaking talk fast and don't skip class like their purpose by saying that i'm not a financial advisor expert, so they want to say the greatest salt.

Let's get into the video. So today, my friends, my family and again we're gon na give an update on the uh, the 100k challenge that i've kind of been piecing through right here and, as you can see by the title, i don't want to talk about my actual account why it's at 3, 200 - and you know 327 or whatever. I want to talk about this profit loss open and this 357 dollars that i'm down right now with tmc, because i can go on and on and on and on and on about all the the good trades that happen. But those aren't the learning points right.

The learning points aren't where things went right. The learning points are where things went wrong and what you can do about situations like that to help you out in the future, because there are things i could have done differently with my current profit loss open that i have rocking right now and where that derived From but uh in case you're new to this right, you haven't been tracking, what's been going on here. Currently, i'm doing a hundred thousand dollar challenge right, where i'm trying to turn 2500 into a hundred thousand dollars, and i'm going to donate that money right. I want to give uh 35 000 to uh people in my discord right.

I'm gon na buy them uh it'll be a handful of people right. Some fifteen hundred to two thousand dollar laptops. I'm gon na give some money to the american heart association. I'm gon na start uh set aside some money for taxes right and throughout that process.

I'm just sharing all this exact trades that i want to take with my discord right: the setups, the reasoning behind them and all that sort of stuff and day by day by day, i've been giving that to the discord and kind of walking through this thought process And i'm going to give you some of the successful trades that we took this week because we did have some good ones, but first i want to talk about the worst of them and that was tmc right. Tmc lost me a pretty decent chunk of money. This week and uh, i want to walk you through what my thought process was and what actually happened right. So what i do when i look through these, these different trades that i'm going to take for any given week is i start off by going to a couple different pages right, i like to look at the options flow and i like to look at shatter quant Right now, what both of these do? Chatter quant is a sentiment tracker.

It essentially tracks unusual discussion volume across reddit and across twitter, they're gon na be idea, especially with these sort of low float stocks. These short squeeze potential stocks heavily shorted stocks, derivatives, heavy stocks right of what people are talking about, maybe before they start running up - and i saw tmc on here right - you can actually see it right here. It's it's sitting at uh, one, two, three, four, five, six ranked number six right now with some decently positive sentiment, more negative sentiment than there is there was when i looked at this obviously, but i used this tool to get an idea as a screener right. Where should i start looking at tmc popped up on the radar right? It was somewhere in the back of the pack here, probably sitting in that 10 to 15 range.

I thought okay, that looks pretty decent and then i came over here and i looked at the options flow, and this is unusual whales. This is a tool that i also use to help me just sort of gauge what a good buy could possibly be and uh the 20th would have been monday and looking at the 20th, you can see that as the filter that i have set, 50 000 premium Range there's some really solidly bullish flow. Coming into this stock right, you can see uh a freaking, 67 000 order, 57 and 71 000 order, and all these are pretty decently out the money right. And if you drop this down a little bit, you can also see the premium range for uh.

Some other orders that came in right - it's just not going to have as much weight because it is less premium, but it does give you an idea of the overall sentiment and the sentiment was incredibly bullish right. So you look at all this flow coming in bullish, bullish, bulls, bullish, bullish, overwhelmingly, it was decently bullish and it has flipped right. You see this now. You've got some some more puts that are starting to roll into the stock, which has changed the picture of it, but even still, even still, this is pretty decently overwhelmingly bullish right.

So what did i see in this overall trade setup and what actually happened and what's kind of the takeaway point from this trade with tmc right? I looked at this trade back here. It was in a demand zone and for two days in a row. It was just uh sitting in this box. What is the demand zone? I have a video talking about this.

If you want to check that out, it's called stock market hack, it's in my uh in my channel, but it derives from the consolidation phase of price action, which i would call choppy price action before a big move to the up or to the downside, and typically, When you enter these zones, you can expect a ball to move back to the upside. You can see how well it's respected right: decent move up, bounces, decent move up, bounces, decent move up right, and this is the one time that i didn't really do that. So i combined all the tools that i had right. I saw that, based on trend every time that this stock has touched, this specific price level between about dollars and eighty-one cents and about nine dollars and twenty cents, or so it is bounced back up.

And it's given an opportunity to make a decent amount of money right now. With that being said, the options flow was bullish, the sentiment was overwhelmingly bullish and you had a really solid bullish trend where you had predictable price action right bouncing around between a specific channel. I took that trade execution and i woke up uh the next day went to work and i was doing some stuff and i came back to see that it was down 20 on the date right. You look at this on daily candles.

You can see this this freaking stupid knife. Looking candle, i mean it's just disgusting down 24 following day was down 21 following day after that it was down 6, so this stock has literally just bled since i got into it. Despite all the information that was made available to me right, so where am i going with this? What was the failure? What was the uh the learning point with this sort of stock? Well, you can have all of your ducks in a row. You can have the most bullish thesis possible.

You can have great options flow coming in great technical analysis. You're gon na have a great sort of thesis behind your trade, and sometimes the market will stay irrational right. Sometimes a stock will get shorted down into freaking kingdom. Come right, there's things that you cannot control, and i've talked about this many many times with my channel, but there are uncontrollables within the stock market that you cannot do anything about.

But what can you do right? Looking at this overall stock right, you can see the utilization's very, very high. The cost of borrow is starting to increase all these things point in the direction of yes, this has the potential for a short squeeze admit. Perhaps it still does right, but the market can stay irrational forever. It may never wake up to a play like this.

Maybe maybe it'll never do anything. But what can i control? I can control my entries. I can control my size. I can control my stop losses right.

I can control all the things that i do with my own money and where i failed here is i looked to get into this trade as a swing trade and i didn't end up uh changing my game plan right. I wanted to stay as a swing trade. I wanted to swing this stock. I thought to myself.

This is going to bounce back up and i held it and i held it and i held it, and i held it right. You can see here by looking at my open profit loss. This is the only position that i that i own right now 357 down right. I could have prevented that by having a stop loss, because sometimes the market stays irrational.

The uncontrollables stay uncontrollable and all that i can do is control my size and what i decide to do with any sort of position and the psychology behind that is sometimes really freaking hard, because i'm not gon na lie to you guys right, i put out these Plays for my discord - and i talk about this stuff on my channel and saying hey, i'm putting this out there. I think that this is going to do this and, if you're wrong, sometimes it's really tough to bite your ego and say i was just freaking wrong. You know that's a hard part of trading is to admit that you rock, and that the trade didn't work. That's an emotional psychology piece of trading that sometimes is very difficult, and i i succumb to that right.

I held this. I am still holding i'm still holding my tmc position for a very freaking hefty loss and that's tough right. So i want to be able to share that experience with you, because i do think it's important, especially with options where it's time sensitive. You really really have to time things.

Well, you have to set aside your ego and your psychology and the emotional aspect of trading and keep it freaking business right, so that was uh the worst trade of the week, and i want to be able to share that. First, before i get into some of the successes that we had, because we did have some really solid ones that did put the account up uh, i think it was about 28 on the week and i'm gon na talk about the two most successful right. I took a couple scallops. Throughout the week we uh we traded uh lucid we traded uh lvs bgfv.

These were all solid scallops right, but i wan na talk about lucid. I wan na talk about uh afrm, because these are by far the two most successful traits right. So i put out an alert for lucid, saying, hey here's my thesis, i think it's gon na do some really solid stuff. Just looking at the flow it was overwhelmingly bullish, it was sitting uh right above a freaking flat top breakout entry.

I had all these things mapped out for everybody. I had my thesis laid and you look at the overall stock and it did exactly that right and that's an example of using the exact same strategy. Uh the same things that i the same process that i use exactly for tmc and it works right. Sometimes it just freaking does it, and sometimes it does so.

You look right here. You can see it had a hold over this flat, top breakout point and it just freaking rained. It pushed right through knifed right through this freaking supply zone. That's uh derived from price action back here right and it just kept running until it ended up rejecting on a four hour flat top breakout, uh right here.

So that was a beautiful freaking play uh that one ended up making some decent cash and by far the best was afrm. We caught the front end of this, and i'm gon na show you this in the discord and the reasoning behind it right so afrm. Why was this on my screen or why did i care about it? Well, i'm gon na show you exactly that right. So i like, i said i look at chatter coin.

I like to see the stocks that people are talking about and my thought process is. I want to see the stocks that people are just starting to talk about, and i saw that afrm was on the back of this list. Right here wasn't on the front, it hadn't already run right and i'm interested in that. I don't want to pick up the stocks that have already run because they're on the top of the most talked about stocks on reddit and twitter.

I want to find the ones that people are just starting to talk about, so you can catch the front end of that. Looking at that from there you look at the options flow overwhelmingly bullish right. You can see a crap ton of money's getting pumped into this. A lot of these for fifty thousand to two hundred thousand dollars.

This one was a freaking, 5.2 million dollar order by the floor. Just a lot of great data to show there's a solid opportunity to make money here right. You can see that it was in a solid entry point. It was.

There was a demand zone driving from choppy price action for a big move to the upside and uh. You could take an entry there and i did, and that was a freaking, solid trade and another one where i left a lot of profits on the table and i'm honestly a little bit salty. I'm not gon na lie uh because i only took it for 100 profit right. I got a weekly expiration because i plan on scaling it for the day just to bounce out of the demand zone and uh, i sold it, and i'm gon na show you this on the one minute candles really quick here.

Just back this up, i sold it at about 116 bucks right. So i picked up an entry here uh at about 112 dollars. It bounced up bounced up and bounced up, and i took profits literally right here - just fear pure freaking pain. I saw this uh.

This one-minute candle starts to knife down. I saw this double top sort of rejection, uh potential setup with these uh topping tail candles right. I thought to myself yeah, you know what i'm fine with that. I'm gon na take 100 profit and it just kept running for the entire day could have made 1200.

That would have been a much more fun video to make. But truth of the matter is, it's way better lock-in profits than make a green trade turn red. So that's uh, ultimately what i ended up doing right, so this video could have been a heck of a lot more fun if i had taken a better trade setup with uh tmc and not lost that freaking 350 bucks. If i had held this, i i would have been up 1200 on a 300 and 50 350 call, and i would put my account like 7 thousand dollars would have been way more fun right, but i'd much rather consistently grind and take learning points from every single Week, because truth of the matter is, i'm no guru, i'm no furu, i i don't have the freaking magic bullet right.

I get stuff wrong. I get stuff right, but every single week i'm gon na take my strategy. I'm gon na adjust it to whatever the market conditions. Are i'm gon na try and share that with you guys and, most importantly, i think the psychology, because there's a million people out there who are showing you the technical analysis, how to read the setups, how to actually trade, but this piece is by far the hardest.

That's what i struggle with the most by far right, if you play with a freaking paper, simulation account right. You can take those trades ten times out of ten, because you know exactly what you're supposed to do, but when it's real money on the line, it's a whole different, freaking game. So that's uh. I guess that's the week recap right.

It was a pretty solid week. It could have been a better one uh, but i'm never gon na be mad about a green week and uh. I think i learned a lot. I'm not gon na lie to you.

I think there was learning points as there always is and uh i took the opportunities that i had and tried to make the best of them. So hopefully you guys pull some value from that. We're gon na keep freaking cooking. I'm gon na eventually get this uh.

This 100k rocked out, so we can donate some money to the american heart associations. We can give money to the people in the discord and uh pay some taxes, because we all love paying those goddamn taxes baby. So that's what i've got for you guys catch on the next one light taps always much love and peace.