 Hey everyone, welcome to this week's video update. Today's Friday, February 16th Hope everybody had a good week of trading. Let's take a quick look at the markets And then I'll go over my trades that I took this week Starting with SPX. Of course, we hit a new brand new all-time high 5048 on Monday Big drop after CPI on Tuesday bounce back Wednesday Thursday, and then another sell-off today So price action pretty similar on the Nasdaq and the Dow the Russell ended a little bit stronger After the CPI sell-off bounced back quite a bit higher Than the other three indices gold sell-off early in the week bounced back the last couple days and Silver really rallied had that had the sell-off but big rally got back all of it on Thursday and then extended that upside today Notes and bonds ended lower 10-year yield Back above 4.2 settling in at 4.28 oil a Little bit choppy sideways finished the week a little bit higher. Natty gas continued its slide lower to pretty historic lows Let's see soybeans A little bounce today, but lower for the week wheat lower for the week corn continuing its slide lower Euro in the pound A little bit of a choppy bounce back after CPI and then Bitcoin settling in above 52,000 and VIX at 14.24 almost touched 18 on Tuesday of CPI and then just Massive contraction back down into the 14 handle. So let's quick look at the markets. Let's take a look at my trades Pretty frustrating week for me. It ended up being It would have ended up being a little bit of a red week anyway, but on top of that I can't I compounded it with a really really stupid mistake Pretty much just pooped the bed on this one. So I'll share that with you All right, so first off zero DTE So I've got a couple of re-entries that I've been doing and I've just I've kind of moved them out of my test mode So I'll be sharing these with folks here in the community coming up on my AM trades Three of those one of them was a fairly sizable loser. So net minus 3600 on those No DKS no FOMC JSP Took one of those discretionary minus or excuse me plus 1395 on that one Power hour was not the hour of power for me this week I've been I've been pretty inconsistent in the way that I've been trading it as well and Here's but here's here's all the trades that I took this week. So Make sure let me refresh here. I think that's right minus 26k on my power out No, I'm sorry minus 17,000 on the power our trades, but only four winners out of 12 trades so pretty Pretty lackluster performance on that on my PM iron condors I just took one of those and it was a pretty sizable loser minus 8480 on that one No quiet lunches, but I did do a Rick. I did two to reverse iron condors Both were winners. These were both on the same day. So both of those hit nicely Oh to call calendar just one of those for plus 900 and then the one DTE Iron condors continue to do well for those the only loser was minus 350 and total was Plus four thousand five ninety five on my one DTE's Dynamic butterflies, let's see. I don't think yeah, no opens or closes on those Dynamic calendars After CPI it was a little bit of a bloodbath. I had to close them out just to reduce risk They would have ended up coming back. They came back in a massive way And and some of them that I ended up holding came back and and books some nice profits But the the ones I had to the ones I had to bail on hurt So minus twenty two hundred on calendars, you can see a twenty eight hundred dollar loser on a two three fourteen hundred dollar loser On a two four thirty nine hundred dollar loser on a one three eighteen hundred dollar loser on a five seven Then had some nice winners of plus twelve eighty five fifty eighteen hundred twelve hundred sixteen hundred So mixed bag But overall net net a little bit read on the calendars for the week My directional futures Ended up a little bit green if I remember right here. I think there's like eight hundred and forty five bucks or something like that You know these unchecked a quick refresh Yeah, eight eighty five Seventeen total trades so a little bit green. I'll take it Uh See iron ducks. I don't think I oh, yeah, one winner little small winner plus one sixty six and then option selling Had one winner No, I'm sorry. That was I was thinking of portfolio margin. Yeah, these are just all open trades So no no close trades there and then portfolio margin trades A little bit green, you know, these checked All right, so a four hundred eighty dollar winner on this Humpty This one's still open. I closed half of it So booked a little bit of profit there and then this one will once the the other options settle out it'll end up being more like a I Don't know three hundred fifty dollar winner something like that. So it won't be a thousand so just a couple winners there and So that's it the only other thing I was going to show is my My Blunder Which was this one here? So this is a this is a strategy that I just started setting up my my automation for and And so it's still still in kind of my my test mode But what happened here is on this day here, which was is that Tuesday at Tuesday? So I was I set these long story short. I set these up to do some automation and And I did not check it correctly. I didn't do it right long story short instead of just one of these firing This is kind of a tronch strategy. So it's tronching in at different times Instead of tronching in it just opened all the positions at one time and it was so it was about five times the size of the Position that I really wanted to open and when I when I caught it as I decided, you know what? I'm just gonna let it go. I'm just gonna let it ride it You know, I you know, I just it looked like it was any price action was in a good spot to just continue to decay away And wouldn't you know it? Of course what happened? I got stopped out on the on the big position So what should have been a you know, $5,000 loss ended up being a $20,000 loss. So pretty brutal not real happy with myself on that one, so minus $17,000 on those but I'm gonna continue testing these you can see a bunch of them did good today and I'll continue to test those but just testing with that kind of size not a smart move on my part, but that's how it happens the the Frustrating part is, you know, my three out of my four accounts were pushing new all-time highs From a P&L perspective Everything was going just great And then I did this and then on top of that had some other losing trades that kind of compounded the frustration. So Unfortunately that is part of trading my friends, but it shouldn't have to be those kind of stupid Just kind of disaster should not be should not be part of my trading at this point but it is what it is and So we move on beat myself up enough today over it and Next week's a new week my friends. So have a good weekend and we will chat with you soon. Take care