 What's up everybody, this is Giovanni from the options trading channel been watching the markets all gosh darn day We're just now starting to get a signal here looking at trading that did that the 255 calls Seven days out the 55 calls are so expensive Let's see if the cues. Let's see the cues may be trading the 186 anywhere above 186 187 187 fifties 187 fifties. I like the 187 fifties We'll see what happens. Let's see if the cues can close above that upper mobo band That'll trigger a buy order already guys. We're getting a signal on the cues here I'm getting ready to buy two of the 187 50 calls that expire in seven days Market order. I'm gonna do two. It's got five minutes until candle closes. I think it's Getting close. Let's see. We're gonna do a limit order at 850 see if I can get filled in there The 87 50 calls that expire in seven days That's me on the bid at 850 And it looks like I got in got in at 850 we got two positions. I'm gonna close just one and For demonstration purposes, this is what I'm doing. I bought at 850 and you find out what my 10% target is 85 cents plus 850 935 It's gonna put in a limit order at 935 for one the limits send send order We are good there about $28 on the day. It's all for the best I trust my strategy even if this is a bad trade a bad signal It's okay. Absolutely. Okay. Put in my 10% Order in there. It's going in the right direction. So far 853 by 880. I'm up $32 so far 38 in climbing Let's see if I don't know. Maybe I can get filled today. No way. We're gonna get filled already. No way We still got 30 minutes left into Until the closing bell it's going up everything is switching to the upside What's up everybody? This is Giovanni from the options trading channel and I'm here to report sadly This was my biggest loser ever. I lost 35% Of basically my entire trading account that I spent so long the last three months Almost yeah, no full three months three and a half months building it. I had it up to 80% Now I'm back down to 30% I'm still in the green from when I started at the beginning of the year. I'm still in the green by $300 But again, my worst nightmare Happened which was getting in and the moment I get in it just tanks the market tanks It's not so much my strategy Nothing could have predicted that move Everything seemed like it was in place. In fact, I was up. I was I thought that I was gonna actually get out You know with my 10% gain for half of my position You know as soon as I bought in it was going in my direction But Something spooked the markets yesterday. I don't know. I tried looking everywhere to see you know if something happened And in my personal opinion, I don't know I'm not usually the one that like points fingers or tries to make so much sense out of it because the the market itself is Is chaotic. It's chaos Um, I think the fact that the corona virus Uh hit hard in the united states. I think now we have more cases than anybody else in the world That's been tossed around and and I think that's what spooked the markets. I have no idea Um, there's nothing wrong with my strategy I'm not changing a single thing for my strategy. The one thing that I can do is, um It's it's about money management. I guess we'll start I'll start there It's about money management and I was trading with basically 90 of my entire portfolio That's a big no-no if you want to survive in these markets You've got to take those hits and be safe Taking those hits because that's the inevitable. It's the inevitable that we're gonna lose We're gonna have losing trades. We're gonna have bad trades. It's just a fact of trading the stock market You can't be right every time. It's just not realistic. So It's okay. I'm okay. I'm still here. I'm not, um, you know, sure that's that's quite the hit hits But you know, I'll recover. I'll recover recover from it from it eventually. Um, at least I hope but anyways, I I want to be as As transparent as I possibly can with all my trades with my channel. This is what I'm here for I'm not here to show you the big Lambo In the background my big mansion for crying out loud. That's not me But I just want to show every trade that I possibly can Every trade that I make whether it's a good one or a bad one guys and unfortunately, this was a bad one This was my biggest, um Losing trade I lost over $500 But hey, it is what it is and life goes on See you here again on the very next trade hoping that I can start recovering the $500 that I lost Basically yesterday guys. So thank you so much. Hit that subscribe button down below Comment also what you made money on what you lost money on and let's see if we can help each other out Guys, thank you so much everybody for watching. See you here again on the very next trading video. Bye