 Good day subscribers! Today is July 11th, Tuesday, and there's a wild and crazy day in the markets. Straight down, then straight back up, and we still ended up in the red just to smidge in SPY spine. I didn't get to place a trade today. I rather conserve my money and wait for that setup to happen because I know deep down from trading it myself and seeing it that that's the way that I want to trade. I just want to trade one ETF, one strategy, one setup. And that's what I want you to take away from today's video is I know how I want to trade and I'm okay to wait for that setup to happen to present itself guys. And I'm really careful about it as well. I don't want to just get into a trade just to even though I have in the past a constant struggle with me and something that I'm still trying to learn and develop. Don't get in just for the sake of getting in. Find your setups, find your strategy, buy, profit, get out, rents, and repeat guys. Find out what you want out of the markets, how you see yourself trading, how you see yourself making money each and every day. You don't have to have these extravagant scanners and sort of strategies and setups and this and that. You really just need to hone in on one strategy that you can really repeat over and over and over and over and over again. I'm not there yet guys. I still have a lot to develop and I have a lot to learn about my own strategy and I want to get to that point guys. So even though I didn't get to trade today, we can definitely learn each and every day and that's what I want you to understand at home guys. Thank you again for watching my videos. I greatly appreciate it. If you're new, hit that subscribe button down below. It would help me out tremendously once I get to 100 subscribers. I'll start making some tutorial videos of how I trade, what indicators I use and how I use them to make money in the markets. Thank you so much for watching. Good morning everybody. Another day, another dollar. Let's see, today's agenda brought to you by Forex Factory. Add 10 o'clock Eastern Time Jolt's job openings and also Final Wholesale Inventories. And then at 12.30 Eastern Time, FOMC member speaks. So might have to wait until 10 o'clock Eastern Time to see a setup to your trade. The 5 minute chart looks topped off, 15 minute chart looks very good and it might be playing calls today. That 5 minute chart did look a little topped off now it's coming down a little bit. My indicators are showing that this is basically resetting. Pretty nice. I like it. Forget resetting, it looks like puts might be in play today, but as always, we're being patient. If we can consolidate around these price levels, that'll be great, might be a good signal. Not yet. This is looking really good here. That little move up, I do not like. Use your little consolidate around, very tight range, then it'll run and here it is moving up. Right now just staying out of the markets, just waiting for a setup. Looks like the markets took off here and now we can look for a setup here. It might be possible that we see a setup around here. I really would like to see consolidation around these price levels, but the way that it really looks, it looks like we might not get it, but let's see what happens. Doesn't look like we'll get it still possibly, but it's looking weaker by the minute. So I'm sitting here watching it and the markets, I don't know what causes this fall in the markets, but it's definitely making the markets move here. I didn't get in. I didn't get in. I was hoping it would stay up here, consolidate, but wow, look at that. They're well over going to be 60 cents now, the 242 puts. I was thinking about getting in around 58 cents somewhere around there and just didn't get that opportunity. Wow, and it just continues to fall. My goodness. I have no idea what sparked the sell off here. I would have been very profitable had I gotten in at 58 cents. Those 242 puts that I saw at 57.58 cents are up to 72 by 73. They're about to hit a dollar after I saw them at 57.58 cents or at a dollar right now. You could have been buying at 31 cents, they're up to $1.27 and climbing huge, huge guys, $1.34. This is crazy, amazing guys. Wow. There you have it. There was the move of the day without a doubt. I won't be trading. It is way too dangerous to be trading right now after that huge sell off. Let's see what tomorrow brings. It's better to conserve your money for a setup that you're comfortable in trading that you know your setup, your strategy, and we'll see tomorrow. We'll see what happens tomorrow. My goodness. I'm looking at the percentage gains for the day for those puts. For all the puts, the 240, 50 puts, they're up 158%, 241 puts, they're up 142%, the 241, 50 puts, up 164%, 242 puts, 119%, 242, 50 puts, 109%. That's the way it goes, trading these options and that's it for today guys. I will see you tomorrow.