 Welcome back with us folks. Now this time I'm going to show you a few things about how size matters and how Looking at a ticker enter day can tell you what could happen in the event where it turns around with a very good chance of success. So this is NVIDIA last Friday that I played personally without alerting because I believed it was a little risky. However, look at where it was doing a tighter move right like this here and while it was doing this, trust me on this, spy was still going down. So we talked about strength in the ticker. So spy is moving to the downside and this thing is consolidating and ready for breakout. So as soon as spy got a grip and started moving to the upside, this is exactly what happened. It started poking its nose out of that flag and it took off. So I was really fortunate to play the 220 here on this play as we got to this corner getting tight when I saw spy moving down. It was reaching support and then it started taking off. My point is not this play. My point is when you watch this thing happen intraday, whether you played it or not, you know that I'm going to erase this so you see it. You know that here was the trigger for something to the upside. As soon as we got enough bowls in the market, the whole thing started to the upside. So it reached a certain point, higher and lower high, lower high. So it's moving to the downside. Algos took this down at precisely two o'clock and market throughout started pulling back. I believe the president had a press conference schedule at that time. It didn't start it too, but it had a conference at two o'clock schedule. Algos took it down for a certain amount of time. However, look at what happened. Sorry here. Look at what happened. Remove this. Look at what happened. It came down to a line where this is where the bulls started picking up as soon as it turned around. So basically here was my interest. I was watching it carefully because when I was thinking whenever we reach this line we will see the bulls that started to pick up the overtake, the volume from the bearers to the bull side. This is what happened there. So I'm watching the same line as soon as we reached it. This we alerted in chat. We said they're alerting small position and the 220. Why? Because I really see this line here. Yes, it's lower high, lower high, lower high. But the possibility of reaching back up to this line, which is above 220, is really high in the event where we go to the upside, right? So size matters. Am I going all in? This is Friday afternoon. It's 2.30. Very close to that final expiration, which is at 4. It is very risky. We have an hour and a half and at that time we were almost five out of money. How much did we pay for 220 calls? At we paid 30 cents or 20. The total per contract is $30, right? Now, many people will tell you you can play in the money. We could have played in the money. We could have played the two 15s. However, I didn't want to spend much. All I wanted to spend was something that was going to give me back up to a little over 220. And in fact, I had in mind 220, 225. So anything close to 222 would have been very good. And if you know the math, if you're at 222 expiration, basically, you'd be going $2. So from 30 cents to $2, that's a pretty good investment. So let's go back to this. How many can take position size matters? How much are you willing to lose? I was thinking I'm OK to lose $100 on this thing. So let's say you play three, three contracts, three contracts at 30 cents. How much is that 90 $90 total because this is times 100, you know? So $90 for a play that will probably, I said, we're looking at a move to the upside to 222. And that particular case, when we reached a certain point, I alerted the exit. Exit was at 92 cents, so $92 per contract. So I said, I'm leaving one, taking one out, 92 cents. So it's $92 for one contract. And we exited before the top, but I was super happy at 520 times the rest. So basically whatever you had, that's 520, excuse my writing. So whatever you had taken in the first place, you were looking at $90 initial investment. And now you took 1132 total minus your 90 initial investment. Basically you're looking at a final in your pocket, $1042 with an initial investment of $90. So if I had gone with a hundred contracts, it would have made a pretty good end of week and of month for many in a year for some of us. However, that's not the point. I'm not looking at spending something, throwing money out of the window. I'm OK to go with something rather small and end up with something that is that is decent, you know, $1,000 when you invest 90. That's pretty good. So just to recap this whole thing. Why am I looking at this thing here? I believe that there was very low volume on spy when this whole thing came down with the Algos, very low volume. This was called in chat, low volume on this pullback. I believe JTW was calling that. We picked the bottom from the breakout in the morning. And then it looked like we were taking off for the rest of the day. So basically it was it was just a bullish move to the outside. If it had gone down to under this line, basically this is pretty much when we decide to bail and if you watch just the other video about the how we learn from the bad play, this was a pretty good exit. And given the fact that we had $90 on the table at the time, it was not too much of a deal. So I guess you guys are learning from this as well. Let me know any comments. Always appreciated and I'll see you back in a few.