 Good morning everybody today is January 24th, 2019. We're getting a signal here on spy and I like it to 63 puts About two at 145. We're already up there We're getting up there sold one at 153. I'm holding one Let's see if we can Get a good move going on here if not, I'll just sell out for small gains tiny gains, but that's okay So the other one for even money, that's okay That's absolutely a okay with me. It's probably gonna blow up now That's okay too But you know dealing with just tiny amounts of money here. I want to try to capture As many gains as I can whether big or small That's okay. So let me show you the trade Again, just tiny tiny gains here and that's okay. I'm not too concerned about that. Here are my trades About two at 145. I was kind of hoping that I could get in at 142 140 somewhere around there. Unfortunately, that didn't happen and Sold one at 153 and sold the other one for even money at 145 and what are they trading at now? 138 by 143 So with that first one that I only You know made eight bucks at only eight cents to deal with and I just I wanted to lock that in so Not a big deal again. Just trying to capture as many green trades as I possibly can Small victories will eventually start adding up Unless I start losing But that was a quick trade. I'm sorry for you know not being very Narrative on today's trade. What's up? What's up? What's up? Everybody? It's your boy Javadis from spy options trading Man, it's been a long time since I've been in front of the computer and talking with you guys I apologize life has been crazy But I'm gonna get right right down to it I have a lot to talk about and I want to keep this video short and sweet for everybody first of all Awesome, I made a great trade in my opinion. I made it. I made a good trade. Um, I sold One, you know, basically I sold half of my position And then let the other one ride Unfortunately, it came back down and I sold it for even money It does not matter guys to me. It doesn't matter I'm giving myself a chance an opportunity to make more money and that is In my eyes in my opinion Very important a very important aspect of trading being successful in the stock market is giving yourself an opportunity to make more money Instead of capping your gains Cap your your losses, but don't cap your your winners basically big huge huge important aspect of Trading in my opinion and I will tell you guys this in all my videos for now on Until I have it engraved in your guys's heads and guys's minds and guys's a trading strategy Do not cap your winners guys. Do not do it I've been personally in more trades where it runs up on me completely without me in it More so than it going the opposite direction I hope that makes sense and I've always wondered how can I do that? How can I put myself in that position of having just that opportunity of making more money and just cabbing myself off? five ten fifteen percent whatever it is scale out guys scale out leave a little bit on the table and You don't have to the the other half the other portion the other part of your position that you leave on the table You don't have to necessarily sell at break even or or even have a current losses in that position Do like a trailing stop. It's gonna help you out Tremendously guys another thing that I wanted to put it out there I hope he doesn't mind, but not like you guys know him anyways If you go back to gosh, so my very early early early videos You'll hear somebody in the background. That's my my best friend. I see him as a brother He we used to actually day trade together There's skype and you can hear him in my videos Often he's off and on in in trading by By no means he is a beginner, but I pitched him my idea about scaling out I sent him my my strategy you the strategy that you see in all my trades of the signals and Long story short He really started trading again last week two weeks ago This past Tuesday two days ago. He implemented my scaling out idea. I pitched him that idea He really liked it made sense to him For the very first time luckily it was a heck of a day first of all It was a day that the markets just pretty much taint and taint all day He bought 45 contracts at 64 cents. I can't remember which ones, but anyways He sold half of his position 23 contracts for 37% gain the other half Get this guys. He ended up selling at three dollars and ten cents 22 contracts at three dollars and ten cents I believe he Pocketed over $6100 He was in that trade in most of the day, but that is phenomenal. I I can't My goodness. I just I can't I Can't believe it. I can but I can't but my goodness that that is what it's about Not these small little tiny trades where you only make Excuse me where you only make 510% and then sell the rest for even money like I did today But it's the days where it just trends and trends and trends and you're in it You're giving yourself that opportunity to get in I'm gonna tell you in each in all of my videos for now I'm scale out do not cap your winners guys What were we doing? What were we thinking when we were capping our winners and not capping our losers? We can always cap our losers. We're really good at that right at some point You you cut loose of your losers, but why would you do that on a winning position? I don't know guys think about it. Get back to me and comment down below what you think about that strategy Comment down below what you thought about today's trade Let me know what you traded what you made money on what you lost money on I would greatly appreciate I'm answering any questions that anybody has I will answer them to the best of my ability guys Thank you so much for watching everybody like share and subscribe to my channel I would greatly appreciate it. See you guys here next time