 Before you watch this video do yourself a favor hit that subscribe button down below You won't want to miss what I have coming in the next couple of months Morning everybody today. It's February 12th, 2019 We're waiting for signals here. I'm just now logging on to forks factory and I see that we have Jolt's job openings I'm coming here at 10 o'clock Eastern time. It's a low impact, but we have fetch air Pal speaking so that's that's gonna be high impact. It's happening at 1245 Eastern Standard Time My guess is the markets are gonna go flat until that time and then they're gonna go crazy afterwards so we might not be trading today simply because fetch air pal is speaking so I Hope everybody enjoys their day today Let's hope for a good good trading week Alrighty sitting here watching the markets had a nice little move to the upside now. It's consolidating But it looks like maybe we might be looking to trade this to the upside waiting for signal to To come our way feel like we're getting really close if we don't get in on this one We'll get in the next one there. Oh, look at that move Still nothing. I'm gonna wait here the implied volatility indicator hasn't really moved much I need that to move getting really close here I'm trading the cues. I'm trading the cues. I bought three the contracts of the 170-50 calls that expire in three days There's my signal there and I went ahead and sold two It's just seven cent gain. So that's good All righty, I went ahead and sold the other one and 141 let me show you my my trades here I bought all three at $1.30 and I let loose of two at 137 and I sold the other one at 141 Probably a little bit higher now now I'm the main main absolute reason other than actually locking in some profit is We have fit chair speaking today Fit chairman Powell speaking today and I just I hate being in those Trades where you don't know where it's gonna go and it could go really fast really quick Without you really realizing what happened, so I went ahead and just made that quick trade I made some money and I'm out. I'm happy awesome I'm I'm glad absolutely glad so those my trades again my trades again. I bought it 130 bought three of them Sold to at 137 and sold the third one at 141 What's up, everybody? It's your boy Giovanni from spy options trading and that was my trade for today I was nervous about it mainly because Fed chairman Powell was speaking today and I knew that I just didn't want to hold very long and so I just took it I took whatever was on the table. I took my profits and ran and so I'm happy with that these tiny little victories In my opinion, they're gonna cover my losses That's all these tiny little profits are going to do and they're gonna offset my my losses. I'm okay with that I'm hoping to get myself into a trade where I take my my half half of my position off at you know 5-10% gain whatever and then carry the other half For the long longer run so to speak that is the idea Patrick wheeling He came out with a video today surprise surprise He is gonna start trading futures the E minis basically and I'm not too surprised. Why because in my opinion, this is all my opinion You can scold me in the comment section. That's okay. Go ahead in my opinion This is where the smart money is. This is where the professional traders trade Nothing against Ross. He makes thousands and thousands and thousands and thousands of dollars trading small caps He has his trading system. He has You know, he has it going on awesome. Great. I'm not saying you can't make money in that arena But in my opinion the options market the futures market trading large caps trading, you know, Facebook spy trading You know Apple, this is where the big money is this is where in my opinion unlimited your profits can be Unlimited it's phenomenal look through the options chain of any high beta stock Facebook Apple spy Netflix The Q's and in each options tier, there's millions and millions and millions of dollars being Exchanged and that's just one tier. There's so many tiers in each individual underlying stock There is an Incredible amount of money to be made in the options future market in my opinion I'm not saying that you can't make money in the small caps But in the large caps in the futures options market, you can trade with tiny amounts It's an unregulated market. This market is absolutely Unbelievable and it's still not discovered by the masses. I'm not saying this is a secret or anything because gosh options have been out for a long time now and In each of my videos. In fact, some of my earlier videos. I made a video is why are you trading penny stocks? That's garbage penny stocks. They they move on off of rumor off of news and There's just there's no liquidity there And I think that's why the majority of people like to trade In the penny stock world because you can trade it with a hundred bucks two hundred bucks three hundred dollars And they think that that's the only place where you can trade with those amounts No guys you can trade here in the options market. I've always said this Trading options is like trading penny stocks only they're on steroids That is the best analogy that I can come up with an explanation as to why I love options so much guys but I have a prediction on on sort of Patrick Patrick is gonna make more money trading the futures and options and then he ever has in anything else that is My prediction. I bet you in one year if he sticks it out He's gonna make more money than ever before Trading futures mainly because he has the resources he he has people that he can go to and get mentored they can teach him all the ins and outs and He's gonna see along with so many others that the futures market is where you need to be Thank you so much everybody for watching. I got a winning trade today And I think I left quite a bit on the table, but that's okay. I live to see another day after a green trade Thank you so much. Stay profitable. See you here again next trade