 Well, what's up money geeks? Mr. V here. Welcome to another video and this one we are going to review the trades that we did This is June 18 review some of the trades and Again, it wasn't a good day as you can see here a ton of red across the board and I just I mean It looks like I was actually revenge trading because I kept trying to You know push the envelope see if I could make some profit and all that data is just Push me in the hole. I couldn't stop trading when I made some profit off of AMC But I thought oh, but this is not, you know, how I want to end my day. I want to see Uh, if I can make some some some more profit so I stayed in the trade Um, and this is what happened just I mean some of this happened after hours Because I mean again, I kept thinking I can make some some good money off of after hours But got burned today again trading after hours is very very Um, risky and I mean if you don't know what you're doing, I'll just say do not even touch it Um, so yeah, let's jump right in and kind of take a look here But before we get started guys, if you're new to the channel We'll talk about how to earn money how to save money how to invest and build wealth If there's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. You know, like I said, this wasn't a good day wasn't my best day of trading Um, for some reason I just wasn't in the mood Um, so it looks like I'm still on vacation. So I need to get my head back in the game Uh, here sooner than later. So let's jump right in here and take a look. So, uh, first one on there was AMC So this is something that I don't think I've talked about a lot here If you look at AMC AMC the stock here is $50 and above So if you want to buy, let's say 100 shares of AMC if you take 100 times 60 It took about six grand. So you're putting six grand upfront But uh, what I would do is Instead of buying 100 shares, I don't want to risk six grand. I would buy Uh, a call option for AMC friends Anticipate that the price is going to go up. I'll buy a call option for AMC, which might cost me somewhere between 500 and 600 bucks for 100 shares because each contract is 100 shares. So that's how I eliminate You know me risking a ton of money. So and then the rewards there is It can go to as high as it can go I can make unlimited profit with that particular call option But I can only lose what I have in there, which is if I pay 500 That's the most I can lose because if the call expired it's going to expire worthless. So That is a way for you to minimize your risk With these higher price stocks. So I actually got a call option of AMC Right here when it crosses V WAP and then it gapped up and my price target here was I was looking at 60 dollars. So it gapped up and if you can see here I I mean I stayed in there until It got to about 60 right here, which is my price target And I got out out of 60 and and I got out if you look here right getting out there Stochastic is looking like it's gonna cross. So hey, that was my price target I wanted to get out and then see So I don't give back some of the profit But um, so you can see I got out and it kept gapping all the way to 63 and some change Which kind of pissed me off But again, I stuck with my strategy There was opportunities during the day that I could have gone back in like somewhere here This would have been nice in here It squeezed up but look at that knife and then squeeze back up again and then pull back after hours and Nothing after hours to just pull back. So that was AMC Yeah, just look at a good good opportunity for for trading Like I said, this one I did buy call options And I'm gonna do a video showing you guys how I trade those options because again the reason why I do those is because It minimized my exposure Like I said a hundred shares of AMC at say $50 a pop is gonna cost you $5,000 If you don't have $5,000 to risk I'll buy I'll buy one contract Which is a hundred shares that's gonna cost me about Four or $500 and I can make as much profit as I I can get out of that because if you if you buy One contract at say 55 Let's say the strike price day is Your strike price could be 60 bucks. So if you move $5 times 500 that is $500 easy that you just made. So that's why I like using those for these higher price stocks Next one that we traded here was Uh ger And and this one I think I traded this one after hours as you can see here the chart after hours This thing just exploded. So By the time I got I saw this one and I was looking like hey Maybe there's an opportunity here It is this squeeze here had already taken place So I looking I was just looking for a bounce off of VWAP and I was thinking like hey Because most often they're not this thing will squeeze up and then pull back and then kind of bounce off of VWAP So that that was my my intentions here going into I kept thinking like hey, this is bounce off of VWAP It's probably gonna probably gonna give me not a good opportunity. So right here where it bounced off of VWAP This green candle right here. I bought it. Unfortunately. I actually got here at about 1.72 You know, I was looking for that squeeze to go test this high and potentially break into nine and All the way to two dollars that was my plan But I got in here look at this little so in this little pop here to 1.75 And I kept waiting like hey, this is gonna come and because I don't have a stop loss slash take profit This thing quickly pulled back and I gave an opportunity to kind of You know consolidated and make a move It never did pull back below VWAP and I had to cut my loss And get out of that one. So that's where I gave some of my money back And then the other one that I traded to was PT IX This was another one that I traded after ours man like after I was trading today I actually got me gut. I mean, I don't know So this one again is I I missed this gap right here. So if you see these three green candles right here, I missed it So this pulled back right here. This is where I I thought I was gonna get in. So right here I got in here about 3.7 I squeezed up here and then this movement right here see the 3.83 it happened so fast So once I got in because again, like I said, there's no bracket orders You know, I went in to go put my my limit sell order Because I usually put my limit sell order Higher so I put my limit sell order at five and so I was trying to put in my limit sell order this thing spiked up to 3.8 Three so I'm like excited thinking it's gonna rip to four Just for me to see the thing turn around and like just flushes You can see these three flushes right here with no bracket order. I just know it I had to put in my limit order And then pull it and then put it right here and cut my losses Even though I cut my losses somewhere down here If I knew it was gonna bounce back and in touch view up I should have like put my limit order right there to even reduce The loss that I took but from here There was no way for me to tell this thing was gonna keep Knifeing down or it was gonna bounce off but see it bounced off touch view up and then flushes So that's where I give some money back and again This is a lesson that you guys can learn because like I said a lot of people will think about trading Either pre market or after hours. This is a risky Two things that you want when you want to trade pre market number one is that your execution has to be flawless So once you get in the trade what you want is you want momentum you want volume You want volume coming in like crazy because sometimes you go in even though you can get fill But when you try to sell you you you don't have anybody No taking if you especially if you're selling to say four or five hundred a thousand shares at once So what I notice is if you break it up into Chunks of a hundred shares Depending on the size or the price of the stock and then you can easily sell that and get out But for you to break that up you need to enter Multiple orders. Let's say we have a thousand shares You need to enter 10 orders of a hundred shares to be able to Sell and get out which makes a little bit ever more so difficult to trade Extended hours so that's pre market and after hours. So Yeah, that was um, yeah, that wasn't a good one. I mean, I'm still salty about it. So you can hear my voice Um, I I made some mistakes for some reason I just kept trying and just trying and pushing and trying to see if I can make something happen Um, I never should have done that never should have been in that situation Um, but it is what it is and then the other one that I actually jumped in during regular trading hours and got burned towards um This v no v i and o so this stuff, um, let me bring the chart so you guys can see so look at what happened here This thing Gapped really well. So from here There I think there was like a halt came out of the halt Up here and look at this retracement. Um, so pull back Um consolidated around vwap squeeze back up again all the way to testing that high So, um, again, I'm looking at this thing right here. This would have been a sweet spot to enter But I was doing something else. So by the time I came back this thing was way up here But I look at the volume and I look at stochastic as he showed me it felt like there was an opportunity for me to get in So and this one I got in with, um, uh hot keys in my hot keys this particular hot key It wasn't my hot key with with, uh Bracket order. It was just a hot key to buy Um, so where I bought it right here and then by the time I went and edited my order to put in my stop loss This thing turned around and flushed on me. Uh, boy Like I said, um, I I was completely out of my game. Um, for some reason Hopefully this is not a trend because I don't want I don't want this should I wanted to stop right there So, um, I'm going to be very very careful with my traits Um for the rest of the week and into next week if the opportunity is not there I'm not going to touch it. I rather like I would say like, you know, if if it's not a good trade I'm not going in. Um, no treat is better than a bad trade So and this is in this case, I never should have taken any of this trade I took I took bad trades and end up costing me. So That's that's what it is. So again, guys, if you are new We have a discord group that we, you know, kind of talk in this share I post my watch list every morning in that group. Um, so it's free You can just click the link in the description. Come join us share ideas learn from other people that are Like you learning and just trying to understand the whole Space of day trading there's no better way for you to learn how to day trade Than to actually be around people that are doing it and asking questions and learning Um, and again, you might think that oh one strategy is the best No, the best strategy is the one that you figure out what works for you because um, I can give you the tools But at the end of the day, it's going to be you to decide Break it down and see which things work for you. Some people don't trade pre market or after hours Some people don't trade penny stocks and that would be anything under $10 And so some people only trade options. So there's different flavors out there that you can actually benefit from And so you come join us and we talk there's different Channels where you can talk about different topics. So again, links to the description is absolutely free That's it for the video guys. Again, let me know if you do have any comments Like I said, I'm going to do a separate video on how to trade Today trade options for Um, you know high price stocks like stocks that are 50 60 70 dollars And you don't have the money because if you buy let's say you buy five shares of a stock that's $80 you it goes up $2. You're only looking about $10 profit. So that's really nothing So I want you to be able to um, see how you can leverage options to make even more money again Um, that's something that I'm going to do a separate video on if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth If there's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on your content Also, guys, if you're looking to get started with investing webo has their promotion where if you sign up and deposit 100 dollars You get some free stocks and no cost to you and as always guys Do your due diligence. Don't be a greedy savage and stay motivated