 What's up everybody? This is Giovanni from the options trading channel Coming at you extremely late again. I greatly apologize for this I just been off my game on trying to make videos of my trades Again, mainly because I have a full-time day job And I'm a father of a five-year-old that I absolutely without a doubt love every time that I trade I'm committed to making a video Trade week recap or trying to record the actual train while it's happening Lately it's been just mainly recaps. I'm extremely happy with this trade I didn't make as much as I hope for But it's not about the money for me. It really is I know that sounds ridiculous When we are trading when we're traders day traders in the stock market. That's what it's all about, right making the money Really what beginner traders do not understand and why most day traders Fail and lose money is because they don't have a set of guidelines. They don't have rules They don't have a strategy an actual full-out from start to finish Strategy and that's what I have here guys I have a full strategy that I'm absolutely without a doubt trying to nail down the actual strategy and Be For lack of a better better way of explaining it I'm trying to be a robot an emotionless robot when trading the stock market and that's gonna You know keep me out of trouble and a quick recap here before I start for anybody new on the channel or just now Very first time watching any my videos off to the left hand side We have the one minute chart intraday chart of the options that I traded today the middle chart We have our main chart, which is our one hour chart on spy and the far right We have the daily chart on spy the daily chart is the actual chart and Direction of which we want to trade so meaning if the daily chart says up We're only looking to trade the market up or if it says down Then we're only looking to short the market. So as of right now and it's been that way since basically December 6th We've been trading the upside to the upside buying calls here So today I did get a signal here on the one hour Candlestick and my rules are I get in on the beginning of the very next candle in which the signal came in So in this particular case, I got in right at 830 and I was looking at the 327 calls that expire. I believe in seven days. Let me take a quick look Yes, seven days. I bought two two of the 327 call options that expire in seven days bought them at 255 just, you know, a couple of seconds actually Right before that candle actually closed and then I set my first cell order for a 10% game Which was at this particular point to 80 and it executed at 856 and this was me. I believe I had the high there for for a bit before it actually blew up but Again, my strategy says as soon as I get a signal Sell half at 10% the other half I'm either going to sell at the same price where I got in or I'm looking for bigger gains and in this particular trade it actually It went to 280 and then it came back down and Did I actually yeah actually sold right here? This is actually me so you can see volume right here and I actually ended up selling that last one For even money at 255 and then look what happened and then it actually went higher those options actually went higher to 293 but hey, that's fine because look what it actually ended up happening guys. The strategy itself is actually Actually called a bad trade here Look what happened. We we got this signal here by signal get in Failed to go much higher there and then a close below this lower Moboban and at that point I'm supposed to sell out completely now again. I just want to reiterate here had I not Gotten the opportunity to Sell at a 10% gain or if it felt it didn't get to a 10% gain And then it fell right back down and then actually closed below the lower Moboban I'm supposed to get out at a loss Now sometimes sometimes when that happens and it's gonna happen guys there will be a time when It just doesn't get it. It doesn't get it. It's completely bad signal not everything's a hundred percent foolproof and You're selling at a loss and sometimes this loss can be 40 50 60 percent And the idea here of me selling at 10% gain is it's gonna cover those bad trades now I don't have to be right all the time my the strategy per Backtesting per all of the data and research. It's right more of the times and There's a big sort of maybe controversy. Everybody has a different opinion But either you know, are you supposed to make more trades more winning trades and losing trades? Or can you actually have more losing trades and winning trades so long as your winning trades are bigger than your losing? trades if that makes any sense this particular strategy, I have found that it actually makes more good trades more Trades in the right direction rather than bad trades So this situation right here illustrates exactly what good money management skills will do for your trading guys It's with you don't always have to be right in the general direction So long that you have great or you know, I can even say as far as excellence money Management skills you can make money in the stock market guys You just have to find that edge find that strategy and this strategy works for me And it's it's supposed to protect me my my strategy my my plan my rules are supposed to protect me And this is exactly why had I not had a plan set or strategy set I could have just not sold anything and then actually been at a loss there I mean look at this loss I'm supposed to get out on the beginning of the following candle of which the signal came in this particular time The signal came in at the end of 12 30 my time at the beginning of 13 31 30 my time So what would that been if I would have held and sold there 13 30? Right there 191 guys From the original buy of 255 Downselling to 191 that is that represents a 25 percent loss there Had I just not sold anything at all and actually just took that huge loss instead of made money but Some people will argue with me as far as saying well, you didn't make that much money It's not about the actual amount of money That that I got basically that I made today It's the fact that I actually have a strategy in place a plan in place And I'm following through with that strategy That means a lot more Than than anything really so I I apologize greatly For this video being out so late or not getting it to you any sooner I promise to you guys that I'm gonna try my best to get these videos out sooner Sooner than I have been Just my my my day job and my life sort of gets in the way But I'm still committed on getting you guys all the details of all my trades at a later video I'm going to truly break down This strategy and how I'm using it to make money in the stock market And also it's not just by that I can trade I can trade apple facebook tesla Google amazon the cues Um this strategy seems to work on all of those so stay tuned for more content guys in the future Like and subscribe to my channel I would greatly appreciate that Comment down below comment down below what you made money on if you have any questions about day trading in general or spy Or this strategy that i'm using it's called the mobo ban Strategy guys I will put a link in the description down below That'll take you directly to the videos that explain this Strategy uh from start to finish. Thank you everybody so much for watching I'll see you here again on the very next trade hoping that it's another green trade guys Talk to you guys later. Take care