 Can you can you see me or not? No, I can't see you, but it's okay Try to like ten times Okay, at least you can see me. Yeah, I can see you. Hello, you too. Nice to meet you. So So far so good Doing I've I've just been doing mainly the options calls because there's Because my time frame is a little screwy. I'm still working my other job too. So in the morning Um, I have the room on still it, but I just have it in my headphones And I'm scared if I can't get the buttons fast enough that I'll make mistakes So so wait a minute. What's your work schedule? What are your hours? My hours are really crazy hold on one second here Sorry, my front door was open Yeah, I don't know why the webcam isn't working that something must be one of my settings because I've done too many different things I'm sorry. You can't see me but go ahead. It's okay um, my work schedule is I have work a Like a 530 to 3 p.m. Type job California time Oh, yeah, Las Vegas. Yeah, that's basically pacific, right? Yeah. Yes. Yeah So it's uh, I'm lucky that I can still I can take my my computer to work with me and I can still I have I have my bluetooth headphones in So I can still be a part of the room. I I'm trying to get out of my job to tell you the truth It's it's a really horrible job. What are you? Um a marijuana farmer in the in the legal industry I've never heard of such a thing. I've never heard of such a thing in my life What do you what do you do? What do you mean? Like, what do you do? You grow out or Yeah, I'm a I'm a master cultivator. I um, my my parents own dispensaries and and cultivations So I literally make thousands of plants. I'm in charge of uh, I'm in charge of about 8 000 plants at a time. Wow But it's it's uh, when we started this it was like, uh, it was like a fun novelty job I was in real estate before and I got out of this when we got legal. Um, two years ago here in in Nevada Yeah And now that it's uh, it's a super corporate Run type of thing and there's millions and millions of dollars at stake every day and all the pressure is Directly on me and it's it's uh sucking the life out of me But you're it's your parents business like if you quit don't you think your parents will be upset? Well, it's they're the they're they're investors. So they're not directly running what's happening there. Okay So so I mean yes and no as long as I have uh, as long as I have another gig You know or something at least something to occupy my time. They're they're pretty okay with what I do How did you find I found you from? um Well, I was about a I don't know. I don't even know when I took your class now. Um, You're like it feels like forever ago No, it's great I guess it was roughly two Maybe two and a half three months ago. I was just I was working 16 hour days and I was just so down and I I tried to trade futures and stocks before in the early 2000s So I was a part of a couple of different trading rooms with no success. I had no coaching And no education on it. So I just blew through accounts And I I know that the stock market is is the way Uh-huh, you know, I know that It's specifically shorting the stock market, especially on big fall-off cliff days is like the best thing in the world to me Yeah, that's great Well, then you took the class very quickly after finding me because I think you did the class in february So if you found me two or three months ago, it was like boom boom Then you must have found me and then boom decided to do it Yeah, absolutely. I just I just I feel like this is the universe telling me this is what I need to do and I need to stop spending 12 to 16 hours a day in a warehouse every day. Yeah. Yeah Well, you're so young. So you're starting really great at a good time. So just tell me what's going on right now So let's go over like what positions do you have on right now? Do you have anything to get out of anything today or what are you doing? I have let's see right now. I have Right now I am Long spy and facebook options Okay, so the new spy one that I called you mean? Yes, the new spy is of this morning Okay, great. And then what was the other one you're in? I'm still in the facebook option call from last week. Let me look at that one So everything else you got out of friday. That was the p&l you sent me For the yesterday. Thank you. All right. So everything looks fine here. Everything looks fine with this one and So then the thing you sent me so then all the ones last week you made basically 1500 on was that with the total? Yep So you're just taking little small lots like one lot one lot one lot. Is that what you're doing pretty much? Yeah on the spy on today. I took five Oh, you took five. Oh, I know where I really didn't get to go. That's from one to five Well, yeah I believe in this I believe this will work Okay, so what do you think you're gonna make here? Let's just go over a thing right now. What was your cost of the spy? Let's talk about the spy one My cost of the spy Let's see What did you pay to something? Okay, my cost and the spy I paid um 250 Okay, you paid 250 and what did it close it closed down a little bit. What were you closed it? It closed down a little bit Let me see if I can get my Was it under two or did it close over two? Um, let me see here my it closed under two. It's 192 right now. Okay. Well, that's basically two It's basically two. Okay. Yeah, so when do you see something like that? Do you panic or not? um Well Like look at the chart pull up the chart. I want you to pull up the chart that you have yourself your own chart Okay, let me see here. I'll pull it up I okay. I made the huge beginner mistake on the netflix call And How did we were talking about the spy? How did we get on the netflix? What? Well, no, no last week last last week Okay So I went before the netflix went up through the roof it dipped down and hit like the 280 range And I was in the options trade and I panicked because I saw my account going negative And I was like the only day was that was three eight three eight was the only down day last week Is that and you killed it or would you do? um Yeah, and the second that I killed it it went through the roof. Yeah I see that so so you took a loss in it and then it exploded Yeah, that was a really tough one to swallow. But then when did how much were you off? um, I was up in it. I was I was up probably I should keep better track of this. I was up probably four or five hundred dollars But then okay, so it's been fine. You don't have to be exact, but I mean you didn't think it was enough to get out I should have but why don't you get why don't you think it was enough? um, I don't know I was just so so hope, you know I was just so thinking that it was gonna go up above the three, you know, 300 320 mark when it was down Which it did it did it did Yes, I just didn't I didn't hold out long enough So so anyways the bottom line is though It's okay because next time this happens You're going to do what either going to take it for the quick profits Or if you know you want to hold out for the big one you might have a you might have a suffering day Yep, and so that translates into this This spy options trade that I'm in because even though it's closed down a little bit I'm definitely not panicking because I know and I have All the faith in the world that it's going to go up for sure. It gapped up. It's going to go up So let's just do a little experiment here It was the 280 calls out till the end of the month So if the if the market opens neutral rallies tomorrow gaps up tomorrow Let's just say the market runs up and I'm just going to throw a number out there to approximately 282 do you know how to figure out What that is going to be worth because this is something that I'm just telling you right now Here I'm going to teach you something really quick because we're doing this video here and I'm taping it How do you you got to go and look at the option chain? Pull it up right now And you're going to figure out what you're going to estimate Which you think it's going to be worth if it goes to 282 or the next slide say two or three days or whatever because it's This isn't exact But it kind of gives you an idea and I'm just picking 282 election. Let me look at the chart here now Because you need to know if I'm up xyz amount Am I gonna get out so because that's really what you should have done with the netflix so say and say Spy goes over 280 The next target would be and I'm just talking about a baby target would be 281 and then after that 281 50 Yeah, and then after that 282. So say it goes And even I think I think really actually 283 look at 283 So three dollars over the strike pull up the option chain Look today. What did spy close out today? What was the closing price of the spy today go? 278 52 and what were they worth? They What were the The 283 is worth at the money at the money calls today were worth what? 293 Which would be what did you say? 293 No, no add three dollars to the closing price today. So we closed today at 278 279 28 282 81 281 50 find the closest one to that and see what it's worth today today today today 282 okay 281 50 today What are the 281 29 the 329 the ones that you had but three dollars over the one today what? 101 No, that can't be right. No, no, no six dollars and 11 cents. Is that right? That seems that seems a lot Let me look at that. Are you sure? Yeah, look it up because I'm not sure if I'm looking 281 329 Yeah, look it up for me because or maybe I'm look just looking at the wrong number here. Oh, no, no, no I'm March 29th. No, I want to do three dollars in the money. We closed it through 278. Hold on 278 you want to look at the 275 50s 275 50s 329 hold on 275 50s underneath it I want to do three dollars plus in the money. That's what I'm trying to say to you here Okay, let's just look at 275 275s out 329 are worth approximately Five something they're close to five Yep, okay. Yeah, they say it says 499 on my chart Right. Okay. So let's just say five to rough it. So you paid two and a half So that would be a hundred percent flip around so if it goes up to 283 you would make a hundred percent of what you risked. So how much did you risk on that on the five contracts? I risked I risked about $800 So then you would make $800. Yep And that would be a fantastic day It's gonna happen That gives you something to look for is what I'm saying. Yeah. Oh, yeah So if you're on your phone and you want to say oh spies of 283 boom, I'm probably up about 800 bucks This isn't next week. It's this week. Okay. It's just rocking it today tomorrow. Whatever the next day the next couple days So that just gives you an idea because again, you have time value on the options, which you know, whatever with that But I'm just saying this week. It's probably going to be around there That's and what I'll do is I'll just start locking in profits and then I'll do like a trailing Stop or something like that. So even if I can't see it as long as I get to I mean if it hits 283 I'll probably actually get out of it all Okay, that's fine. That's great Okay, so so that lead to the day trading so since the class you haven't traded at all because you're at at work Is that the whole thing? Yeah, pretty much. Wow. So how are you ever going to day trade then? I'm going to get out of this job So can you can you take a lunch break or something just because it's just from 9 30 to 10 I mean can you take an hour lunch break or something? Yeah, I mean I can I can work something out. It's it's usually um Okay, so it's it's an indoor facility. I could send you pictures actually you I've I wrote you on instagram You can see some of my pictures on there. I I didn't I did see you tell me who I literally I literally am so busy I mean, oh, yeah, yeah, I forget your big celeb. You gotta Get that busy life No, that's I definitely appreciate any any one-on-one contact I can get with you Definitely, I want because you're definitely eye-opening. I'm I gonna figure it out is I'm going to Um, I'm just gonna make time to do it I just that's that's that's basically what it comes down to there's certain days of the week that are busier than others and um That's that's just I just have to do it. I mean I The universe is telling me I got it. I have to do this So you did the class without knowing how you were going to be able to train what was going through your head that made you Decide to do it. I mean I got to give you compliments to do that because you're going with your gut Which is something that I do. I'm very intuitive myself But I'm saying that Most people will be like I'm not going to do the class until I know I can train and do a bcd You know what I mean like what made you all of a sudden decide to do it not knowing how it was all going to come together well Um part of it was because I remember you telling me I could do the class more than once if I wanted to And I just I just want this knowledge so bad. I just want to know how to do this like you can't believe That's that's basically what it comes down to is I knew and I just knew that I had to do it right then And I'm hoping actually I can Get at least the day off if I'm not done with this job by then to sit in on next couple of or the next uh the next class to Yeah, so I really want to get it down so you um What what what like obviously if you're having a day training just when doing the options What what do you think is the biggest thing you've learned so far? um Patience and and risk management Like when I was doing futures before I would just I would have you know, I didn't have coaching and I would just Friday go with my gut which was wrong 99 of the time and I would just take too many contracts and it would It would just be ugly It was bad At the chart like it's not just me saying it look at you're looking at the chart And you're saying yeah, I see what she's saying here about this one Yes, um, it's on it's well, I don't work every weekday So days like today I was in the room the whole time and I have I use thinker swims So I just I have all the charts up that we're talking about But do you see it like if I say this looks higher do you honestly see it? Are you still in that process not I'm not talking about the gap readings I'm just saying when I say geez this looks like it's gonna blow like we're talking about the spy whatever last week And then it didn't go Thursday and then it went on Friday Like do you see that there when I'm talking about that? Are you still like trying to figure it out? No, I think I see it. Um Let me look at the spy from last Friday. I I see it. I just want to see it better I I think that I mean When I look at certain charts, I feel like I can see if there's if it's You know, if there's buying pressure coming in right And obviously with you and with you talking us through it. It's 100 easier because you really can see it I'm just I'm just trying to grasp on You know, yeah But that's that's all helpful if you can if you can see it yourself too when you're looking at them looking at them I mean, I know you're working a lot of hours But like on the downtime or the down days or whatever if you can set a look at the daily chart and look at the charts You didn't do the bullish gap class yet And I know the options you're in you're in a bullish gas But even still the point of the buying and the selling Where you can see where it's going to take off or drop like a rock in the shorts You know, like even though you're not Doing the shorts yet if you can see it before it does it I think that's very they'll help her like dollar tree like dollar tree You were in the room. We did the dollar tree the dltr one last week whatever that was like Did you see that that do you know what I'm saying? Like did you see that when I'm like? I did 86 or 87 or whatever I said I did and there was another one that you did that I really saw too that or it was uh Dang it. I wish I could remember what what symbol it was But you you were like this thing's gonna go down This is gonna sink like a rock and you actually got out A couple bucks down and then it continued to go down like I think it ended up going It was like a 39 or 40 dollar stock and I ended up going down four bucks that day I don't even remember if times are doing so many things. I'm just happy if it moves a dollar But yeah Yeah, that's exactly what you said. You're like it moved a dollar. I'm out. I'm good You're like you guys can stay in it if you want to but I'm taking this and It proceeded to follow another two dollars. It was really really beautiful. Yeah I mean I was created equal with holding netflix is a great chart. It's a strong chart It did the pop but like because you're so new I think it would have been okay free to get out with four 500 bucks Like whatever that was last week now You're trying to sink your teeth into this spy one because you missed out on that netflix and killed it and that's okay But i'm just telling you not every trade is going to go to the dream target Oh, yeah, yeah, I definitely definitely understand that. I know it's not a magical money-making thing. It's definitely uh If I could go back I would have just taken even a few hundred dollars in profit off that netflix trade and And then I would have been okay. I'm not well You could do that every time at the rest ride Or you could take it out full and then if it goes higher then you don't look at the chart And don't let it bother you or you hold everyone at the bigger one Yep, I'm just gonna I'm gonna use but I Learn from from you and definitely just lock in profits. That's that's what I have to do Well, you had a good week last week. I mean you had a good week last week That was you said that was your best week ever or something or what did you say in the email? I forgot Oh, yeah, I was I was one of the as far as just like stocks and option trading. Absolutely. It's the that's the $1,500 in a week. I mean I got lucky in the futures market a few times and and had big you know five or six thousand dollar days, but The the bad outweighed the good Yeah, that's for sure. It's the consistency Do you have any questions for me that you want to ask me because we're doing this? um I don't not not really I'm just Just cruising along just excited to keep going Well, I think it'll be a new experience for you once you start to do the day trading Just practice with small size when you do because you're not used to doing them and they do set up fast So just practice like with 100 share lots initially Once you I mean, I don't you know, whatever platform you're losing you're using Just practice on there before you go and take big lots I I do and I will continue to do that. Definitely. I have a I have a uh a paper account to that So I put my My reasonable, you know, my my what I'm comfortable with in my actual live trading account And then I'll go to the paper account and really go wild and see, you know Take like a hundred thousand shares of it and see see what So did you before I let you go tonight? So did you do the amazon and get out or you didn't do it? I don't remember. I don't have your p&l up like you didn't do it or what it was expensive I know it was expensive. Yeah That's why I just I I looked at him and I was like, oh facebook spider and I was you know the cues those are those were Reasonably priced. So I I got into those and the amazon was just too expensive for me. I didn't want to I didn't want to overextend. No. Oh, of course Of course Yeah, I think you would have gotten out friday or today Oh, I would have gotten out friday. Yeah, I get I get scared going over the weekends Because I don't you know, it's so much time in between. I I don't like really holding overnight to tell you the truth, but Mm-hmm You know in options, obviously you gotta gotta hang on By the day train probably you'll really get into because you don't do the you don't hold it overnight So it's kind of a different mentality, but you're holding one night or two nights. Isn't like holding for weeks or months So, yeah, you know what I'm saying Yeah Absolutely. I'm just very excited happy to be here I know it's great to you too. I wish I could see your your beautiful face I know a guy with cheddar tv and I think they have this setting It was last week I think they have the setting because I know my webcam works because I was on it before So I'll have to figure it out with my assistant and we'll do another one. We'll do another one. You you're doing well I'm happy that you're up And then you can do the next class in march and then you've got to just I don't know you have to figure out with your schedule How you can start to practice doing the day trades because you can't quit your job until you know that you've got this down So you're gonna have to figure it out or something Yeah, I'm gonna figure it out. I'm gonna uh, yep Can you do a different shift? I'm gonna make it happen Can you do second shift or third shift or they don't it has to be the morning? Uh, it kind of has to be the morning. It's uh, it's a very morning type thing So yeah, it's got to be in the mornings, but it's uh, sorry one second here My girlfriend just got home from work No, not yet. I'm trying to get her into it though. You're right. I know I will I'll have to let her know She can hear you she says hi And then um, I know I will I'll figure out I'll figure out how to do it You too. All right. Have a good night, chris. Bye