 All right, so first things first, um, how did you do today? Trox and, um, sorry, I'm not going, let me turn down my volume. That's okay, I turned you up because you were really low. Oh, okay. And I just caught a really poor fill, like it was terrible. I got in at 1927 and you called it at, like, 1970. Wait a minute, the first, no, that was the same. The second call, then, was, no, because I have, I'm looking at my orders, so my open price for the first one was, oh, you, you are right, but the first one was right at 20 bucks and where before it broke, there's no way you could have gotten filled at 1925 even if you had a horrible fill. The very, very first one, or didn't you do that one? No, I did do that one and I got filled at 1927. Okay, wait a minute, let's go over it. Okay. This trade right here at 931, you did this trade here and got filled at 1925, you couldn't have. No, you are correct. Oh, okay. I missed that one and then you called it again and I got in the second call. Okay, so that one you did, okay, fine. All right, so you did that one, got filled poorly. Anyways, then what'd you do? So I went ahead and put my stop in and I do have to confess I put it in about five cents lower than you called it. And? And I got stopped out. So I lost 223, my risk was 200, so there's a little bit of room there. So this one here, okay, just hold on one second. So you got a bad fill in this one, but it went down, broke down, broke down, broke down. Where did you, where did you have the stop? I put it, it was five cents lower than how you called it and that's why I got stopped out because I know you did not get stopped out. Oh my God, you literally must have missed it by pennies. No, seriously. Seriously. I put it a teeny bit lower because my fill was so bad. Yeah, yeah, yeah. But I mean, at that point, it's like, do you know what I'm saying? The best thing to, like if this ever happens to you again, just note to self, the better than changing the stop would be to change your share size because that worked and went into the money and you were profitable, maybe not a lot because of the fill was bad, but you could have shaved off 100 shares or something. Take some of your risk off, book some of the money, put the stop at the right place. Okay, okay. That's how I would have done that. And I usually always, I'm such a stickler for, I always put my stops exactly where you say. Well, this was a crazy thing today, the way that it traded it pretty much and it was better in the afternoon, but it was crazy in the morning. But either way, next time that happens, which a lot of times, you know, you get it late or I call it either, even if you didn't get it at the right time I called it, whatever, if you take normal size just to get it, get the stop and at the right place, realize that you had a bad fill or perhaps you oversize yourself, then it went right positive. Just get out with five cents, 10 cents, 20 cents, whatever, take some off and put the stop at the right place because you're better off doing that than doing what you did and then taking a loss when the trade goes on to work. Exactly. Okay. Okay. So then what did you do after that? So then when you called it again, I got back in. Oh, I'm not sure exactly where. Maybe after noon train or again in the morning you did it. It was your third one in the morning. It was right around here, around this timing here in the five minute, right a little bit after 10 o'clock. Yes. Then what'd you do? So I got in and I went a little bit less with my shares just because I've had a lot of stop losses lately. Okay, which we'll go over next, but let's do this one here. So I got in and then I was positive and I got out when you got out. So I made $64 back to lessen the pain of the first loss. I wasn't positive for the day, but I definitely lessened the pain of it. All right, well then that was so, okay. So then were you up on the day or down on the day then? I was down on the day. Okay. And then when I called the afternoon trade, did you do that or you didn't do it? I did not. I have to usually leave the house at 8.30. Okay. So I can't do the afternoon trades unfortunately. I wish I could. Well, if you had just, I just wanted you guys to get in again. Well, I ended up sending out an email to do it on the 30 minute, which is rare. But anyways, if you did it on the 30, if you had done it, you would have had plenty of time by the time I sent the email. Anyways, it dropped, dropped, dropped. Where do you think you would have gotten out of it if you had shorted it right around this area here? If I shorted it there. Yeah. I don't know. It's hard to say how you would have managed it. I'm sorry. Say that again. I'm wondering how you would have managed this. So if I shorted it there. Where would you have put the stop and also where would you have gotten out? Okay. So I put my stop probably, can you see my cursor or no? No, I can't see yours. I don't know if you can do two share screens. So you just tell me the time or the price point. I would probably, I think I'm looking at right, like 1980, a little bit above 1980. Okay. And then where would you have gotten out? And I would probably have gotten out, I don't know, it kind of broke the base there. So I may have held onto it a little bit. You think you would have held it into the clothes? Just because it looks to me like it kind of broke that base, but what time was this? It fell, it fell, it fell into two o'clock and then it fell into the clothes. So it fell all afternoon after it broke. I'm just wondering. I'm just trying to figure out how much you would have made then to turn you around then to be positive on the day if you'd shorted it here, put the stop where you said, and then I'm asking you how you would have made it to the trade. I probably would have gotten out after a good push down. Okay. Because I wouldn't want it to flip on me, which would probably make me a little bit positive for the day. Okay. Instead of negative. So looking back at today, what do you think if you had to do today over, what would you have done differently? I would have put my stop loss exactly where you said because then I would have been stopped out. Okay. And as far as getting a poor fill, there's nothing you could do about that. There's nothing I can do about that. And I was happy with my second trade in it. I wouldn't, you know, I risked a little bit less. Just because last week I didn't have a great week and yesterday I didn't have a good day. So it was just like, I didn't want to, you know, put a full trade on the table. I don't know. I guess it would have been the stop loss would have been different. Okay. All right. So then if that had been the case, you would have been up today, right? Yes. Yes, I would have been. Okay. All right. So tomorrow you're going to put the stop loss where I say, and if you end up getting a bad fill, take some out, fix it, put the stop where it's supposed to be. Okay. All right. Go ahead. Oh, I don't know if you have time for other questions. Yeah. I just wanted to see what you did today because this just happened. I know. Yeah. It was, that was a wild one. It was absolutely wild and crazy. Everybody, everybody did a million different things than this today. And I don't normally call an afternoon trade, but I felt so certain that number one some people wanted another play in it and I really thought that it would close in or the lows and it did. And I said 1850 and that, and it just ran out of date went to 1850 if it hadn't ran out of time today would have broken that number. And I, you know, I was like, Oh my God, you know, 1850. But anyways, the point is though that it's, it sometimes these ones are whippier than we think. And I was not familiar with the stock. So it is what it is. But if you know the gap is good and you still have conviction, which I did still have conviction in it. You can retake it. But managing it correctly is something that not everybody does. I mean, some people in the room are horrible at that. I mean, I'm not, you're not bad at it. It's just that you were trying to be tight today for the fill. But some people just are terrible at managing trades. And it is important because you could get something, you could short something like this today and end up losing money. And that's just poor management because this had so many setups in it today. And even though it was wild and would be in the morning after we all realized that, then it was like, okay, fine. Now I know this thing is like this. And then you got to adjust accordingly. Give it more room, give it more time, scalp out of it faster, take it more than once, whatever. Do you know what I'm saying? Once you realize something is a certain way, you're saying, okay, now I'm going to adjust today because this thing is wild. I'm not going to hold it to the full on target because it could bounce back huge and I can retake it again or whatever. Or I'm going to give it more of a wider of a stop. I mean, you have to adjust accordingly when things act weird or crazy. I did, it sounded like though you had someone in the room that shorted it like three times. The one guy did it four times. But I mean, you had to literally take it, put the stop in, have your hand in the button. I mean, I did have like two minutes in the morning to get out of it before it flipped, but you know, I just, I like the gap. I mean, what can I say? I really, really like the gap. But by that point, I was aware that it was crazy. It's neither here nor there because I gave the afternoon trade. It's just unfortunate you couldn't do it. But I know some people did it because they emailed me. So, but what happens is sometimes something acts like really, really crazy in the morning and then people just don't even want to do it at all. But they're really, you know, this was good today. I, in fact, I didn't look at the AVAV. That was the other one that worked. But I don't know if that set up in the afternoon. Oh, it did. But this was crappy. This didn't hold, broke, held a low. Wow, that was not exactly at all what I wanted to say. OK, all right, so we can go over the ones from last week. However, is there anything specific though that in a bigger picture that you want to go over in a bigger, bigger picture before we talk about last week or? I'm just trying to think like, I think I just had a bad week last week. Because you said you were doing good in the email. Yeah, I was doing well. Like, I even had like 10 days straight with profit. OK. And I, my account was up from like 9,000 to like up 1,300 from there. And now I'm down to 8,000. OK. I just lost a lot last week. And then my first days this week were negative. And so it's kind of like, now I'm in panic mode. And I don't want to be. OK. But I don't want to lose too much money in my account. All right, but that's why you have to follow things like today where I say to put the stop. So you've got to be hardline now, Thursday and Friday. Boom, because today you should be profitable. Exactly. So anyway, it's OK. Yeah, I think I'm sizing right. I'm risking $200 per trade. And I'm able to take two trades if I need to. And yeah, I felt like I was pretty confident in doing well until the last two weeks. And I don't know why that is. OK, so the last two weeks ago was the Thanksgiving. I was closed. Did you trade alone? I think I actually had, I can look at my calendar. I think I actually did trade alone maybe one day. And I took a profit. And I even feel like when I trade alone, I feel like I can see what's happening. Like I feel kind of confident, not too confident, because I'm so new. And I don't put a lot down when I trade alone. Well, that's good. Yeah, let's see where is my trade log. So you traded alone, and you made money. That was good. OK, so where did things start to go wrong, that then where was the first one that went wrong for you? OK, let me pull up. I'm just a click away from this. But that's great that you can do it on your own. And again, a holiday week, it's touch and go. But I mean, there might have been stuff to do that week. I didn't really, I didn't really honestly didn't even look at anything in the mornings. Let's see, what was the date? Last week was the end of the month of November. And then the beginning of December. Friday was nothing last week. Did you do something Friday? Friday was nothing. So let's see. Thursday, I was out. What did you do Thursday? Thursday, well, da, da, da, da, da. Wait, so Friday was nothing. Thursday was BKS, and that was negative 347. Now, I thought Gyro said there was a good day Thursday. What happened? He was calling BKS. OK, let me look. And I wish I took notes on it because I can't remember exactly what happened. Did it work or not? Obviously, it didn't work because I got stopped out. BKS Thursday was the 30th. Yes, he called it. I don't think he, I know he didn't trade it himself. OK. Or maybe he did, and he got stopped out as well. I can't remember. And then he called the spider. And I just can't do a lot of volume in the spider. So I made, like, 10 bucks. Wednesday, I don't think I logged a trade. Or I forgot to put it in Tuesday. Oh, no, Thursday, that was Thursday was my day. Thursday was no. Thursday, I called the spy and BKS. And I didn't get BKS. He did Wednesday. What was Wednesday? And that's right. I didn't do the BKS, but I called it. And some people did it, and some people didn't get it. I called the spy. That was a great call. You didn't do it? Oh, just because I feel like I can't do a lot of volume in that one because it's so expensive. But I mean, you may not be able to take $200 risk, but you didn't do anything then, even 100 shares. No, I did. But I think I had to literally go out the door to work. And so it was just I kind of had to just shut down my platform. OK, so then did you make money on that day or not? No, I was down 347. And I obviously sized. I think I sized BKS wrong. You must have. Because I was going to say, if you made money in the spy and you're risking $200, how did you lose? No, I didn't risk $200 in the spider. I think I did a lower risk in the spider. But how did you lose 347 in BKS? Because I think it was last week I was going to start risking more. And that's when I had a really bad week because I was going to up my risk to $300 a trade. Where did you why did you decide to do that? Because I was feeling confident. So you were feeling confident that all of a sudden you started losing streak when you upped your risk. Exactly. OK, all right, so rewind. OK, so that's pretty much that. So now I'm back to $200, and maybe I should even bring it down lower to $100 a trade for a while. No, no, you don't have to do that because you were confident doing $200. You clearly, clearly were. All right, so then that was that day. So you sized yourself. But do you see here, you would have had a positive day if you would have done the spy trade with the correct size, even though BKS lost, even with a $300 risk. You would have. So you didn't size yourself the same. And it's OK if it's a little bit off. I mean, because I'm not exact, exact, exact every day because I'm just trying to get it, and I kind of try to look at my sizing like $2,200, $500, whatever. But honest to goodness, that was another mistake right there because you did not size the second trade, which happened to work correctly and was a huge trade. You would have been positive on the day. Not only would you have come back the loss from BKS, you would have been positive. Now, I'm always trying to not use my full buying power. And why? That's a question I have for you. I feel like I shouldn't use all my buying power because it's too risky. So I always try to stay around $25,000, but I have $90,000 buying power. What do you mean too risky? I don't. Honestly, it's my boyfriend. He says you shouldn't be risking your full amount of buying power. Well, first of all, you have margin. So even if you risk the full amount of buying power, what does that have to do with anything? If you have a stop-in, if your risk is $200 or $300, that's what you're going to lose when you get stopped out, as long as you have a limit order stop-in. Unless I don't know if you're at a retail accounting for the prop account, if they said something to you about it, what kind of place are you at? No, no, they did not. This is something that I've created in my own head. And so it is OK to use the buying power, then, as long as you have your stop-loss in. I can't see one negative reason what is wrong with using margin when you're day trading. And if you want to max out your buying power, I've done that before. When I had small accounts, I've done it when I've had large accounts. I mean, the buying power margin is completely different than your risk per trade. You understand that, right? I do. I do understand that, because if the stop-loss is in, you're protected. That's right. I mean, you don't actually, you know, that stop is in. And as long as that stop is hit, or you take the trade out before 4 o'clock, which is up to you, then you're not going to be holding that trade overnight. And by the way, even if you held it overnight and you had a margin account, it would be 2 to 1. It still even wouldn't be full-on, but I still wouldn't do that because somebody could gap against you overnight in the wrong direction. I would never hold overnight, ever. But theoretically, you even have margin overnight. I mean, in most accounts, but it will vary whether or not you have a prop account or a retail account. But I think that that's the philosophy, maybe, that's going on with your, maybe you got to explain that to your boyfriend or something, how you use stops and that you manage your trades and you're out every day before 4 or something like that. OK. And so, yeah, therefore, I probably would have taken the full size and spider then, risking $200. I mean, it's not like we're doing this every day, these expensive ones. But you know, you don't want to miss them because then it's something like that. If it's going to get in your head that you're really upset that you took a loss on the day when it wasn't necessary because you did two trades and one worked really well, then, you know, I think that it's something that you have to decide yourself. But I don't see any problem with using your full buying power if you need it once in a while. OK. That's what it's there for. That's what it's there for. Otherwise, I mean, otherwise, and everybody would have to have an excess of their BP all the time. And I, you know, that you just have money sitting there for nothing. It's like you have that money there. Then part of that money isn't working for you at all. OK. Now, I've been using just the market orders to get in and out. I know I think you use limit orders. Every broker is different depending on the broker I found where I've traded previously as far as the fills and also the ECNs I use. So I would play around with it if you're getting poor fills to start doing limit orders or change the ECN. The ECN is like ARCA. Right. What are you using to get in? ARCA. ARCA is expensive, but I usually do get a good fill. Is that who you're today with that fill? Because I'm surprised on that. Yeah. Let me see. Now let me double check. Usually the free one sometimes you don't get great fills. But ARCA, you're paying for that. Try night. Maybe night if you have it. What did you say? Night, N-I-T-E, if you have that one. OK. I'm with TurboTik, so I don't know what they offer. Let's go and look at the list or email the broker about the list. OK. And also, usually your broker, again, you can put in a daily stop loss if you want to. If they don't have one in place for you, you can do that yourself. And so that might help you too. And maybe your boyfriend feel better about it. In other words, you say, I'm not going to lose any more than $1,000 a day. And they put in a stop on your account. Maybe that would make you feel better as far as maxing out your BP. Because for example, the spy, if you had taken the trade, it went up immediately and it never looked back. And it ran up. So you would have never been down. But if you were worried about something like that, you could put in a stop where it would take you out at a certain amount on your whole entire account of the day. Do you know what I'm saying? For discipline reasons. So that's something else. If they don't have a stop in for you, you could make up your own and say, put this in. OK, yeah, I think they have me at 500 right now. All right. OK, well, then they have one. So tell your boyfriend that. And he'll know better about it, yeah. So basically, if something dropped off, if the spider dropped off the planet, it would have gotten me out. They're going to take you out. Yeah, they're going to take you out of the trades, yeah. That must be all electronic, right? They have risk managers, yes. It's set up in your account because everybody's is different. And then I did have, I've been trying to, I know when you rate your gaps, I try to rate the same gaps every night. OK. And to see if I'm on with your numbers. OK. And I'm usually one off. Well, that's OK. We can go over that. But let's really quick go back. OK, so that was Thursday. You should have been positive. Wednesday, what happened with, that was the day that Jaira ran the round. I'm trying to figure out where you turned the corner here that you had a bad week last week. So Thursday, you should have been up. Wednesday, what happened? Wednesday, I must, I forgot to log it. Wednesday, I... I thought he said there was a good call in the room, but I don't remember now. I don't, I might have, what do you have for Tuesday? I have ADSK for Tuesday and Monday. Oh, ADSK was Wednesday. ADSK was Wednesday. ADSK was a good one. You didn't do that? I, OK. Monday was nothing. Tuesday was Momo. So ADSK was Tuesday. Yeah, that was great. I sent out the email the night before. I said, I said, look at it. I said, this is good. So that was the one that he called and he didn't trade. And I just didn't, I think it was kind of like how he started off the day. He just said, oh, I'm just kind of out of it. I'm not feeling that great. And so it kind of didn't give me confidence in him. But I sent the email out at night. And I will try to continue to do that. Did you listen to my video? I didn't, I didn't get that email. Oh, I wish I had. I wish I had. No, I sent an email the night before to the room. Here, you're on the list. Let me just look at it. No, I'm sure, I'm sure. I get so many emails, Melissa. I'm sure it just got lost. I sent it out Tuesday night because I thought I was going to be running the room. And then they moved up the taping. And you could hear it in my voice. And I was like, oh my gosh, this is going to work. And I hadn't even rated it. And I just knew. So anyways, that, but even still, OK, you could have rated it yourself and looked at it yourself. You didn't want to do that because of the price point or what? No, I think I was fine with it. I was just, I was trying to follow his lead. And he wasn't in it. And I ended up getting in it. And I made $40 and then I got out. OK, well, you were positive. So that was positive. Positive. OK, so you should have been confident to do that yourself, though, because of the fact that he did say it was good. And if you traded the previous week alone, you said you were feeling good doing stuff on your own. I'm not sure why you were hesitant with this one, unless it was the price point. I think I was just trying to follow his lead. OK, so what did you do with it? Where did you get it? Do you remember? I don't. I don't. I need to. Did you do it on the one minute? Yes. Looking at this chart here, though, you don't remember where you took it? Oh, wait, sorry. I have my trade thing over you. One sec. One minute. Get what he called. I'm saying, look at this here. Where would you have done it? Where did you do it? If you're just looking and you're trading by yourself. OK, I'm not. Where did it open for the day? So I have it right in here. Wait, I can't see your cursor. Can you see it now? No. It's a screen sharing not working. Wait, hold on. Let me know it's. I don't see a cursor. That's weird. Anyways, can you see the chart? I can. OK, well, the first bar there. 1129, you see the date? That first bar with the little toppy tail. That's the first bar of the day. Then it dropped. Then it pushed back. Then it base, base, base. Then it broke. You don't remember where at what time you did it? Hold on. Look at your chart. Let me just enlarge this. Because I'm trying to figure out how, again, if you took a $200 risk, how you could have only made $40, no matter where you shorted this puppy. This fell off a planet. Unless you just took it and got right how? I think I did just take it and got right how. I know. I was just, I was feeling not. I was really relying on, you know what I mean? I put too much weight on following you guys, I think. But you just got done telling me you felt really confident the week before. I know. All right, I'm trying to figure out here, what's the situation? All right, so then you made money. You made money, so you made money Wednesday fine. Monday, did you do anything on your own or not before we go over the Momo? Momo was crazy. Oh, Momo was crazy. Monday, did you do anything? What day? What day? Did you do anything Monday? Oh, so Momo was Tuesday. OK. I thought, I think Momo was Tuesday. No, I did not do anything Monday. Was Momo Monday? Let me back. A Momo was Monday or Monday or Tuesday, I forgot. So I did have one day I didn't trade. So. Yeah, Momo was Tuesday. OK, so I didn't do a trade on Monday. And then I had two stops on Momo. And I think you went on to do it in the afternoon and you did well. Yeah, so you couldn't do the afternoon one, so I got that. Yeah, that's what I'm really. It's like I'm so bummed that I have to work, because I know some of your afternoon trades are great. But honestly, I don't prefer to do those. I mean, today, because it's December, and we don't know what we're going to get. It's kind of like you get an opportunity to do something if you happen to be home to do it. This was very, very, very, very hard. OK, but let's just go over it. So money was nothing. Tuesday, you lost on Momo. Wednesday, you made money. Thursday, you should have made money. Friday, you didn't do anything. But so do you see if you would have, size yourself right Wednesday. Forget the Momo. It was hard. If you had sized yourself right Wednesday and sized yourself right Thursday, you would have been up last week, even with the Momo not being able to do it. And it was crazy. You are correct. You are correct, yeah? Yeah? It's like I sized myself or did a lame trade on Wednesday. And then Thursday, I oversized. You oversized the first one and undersized the second one. Yeah, so I need to keep everything consistent. That is absolutely clear. Also, I wouldn't do a trade and then kill it immediately unless we're going to do that with every single solitary trade. Because, which some people do do, like scalp things, because then if they don't go on to continue, then you will immediately, I mean, then you will be able to get out quick. But like with the scalp, you did an ADSK, I mean to quick scalp something like that that fell, you know, five, six hours on the day, that doesn't make any sense. Do you know what I'm saying? So I think you need to decide if you're going to give a trade a chance to work or if you're just going to get out of it in one red bar or two red bars, which some people do. I know some people do that in the room. And that's not the way that I trade. But I'm saying if you really feel like that's what you want to do and up your size, then you have to be consistent with that, too. So you're not being consistent with your sizing and you're not being consistent with your exits. So there's no reason for your confidence to be low. The fact is that it's just a simple fix. Okay, yeah, I need to just do 200 on every trade. So you're going to go back down in 200 now? Yes, yes. Starting tomorrow. Starting tomorrow. I started doing that, I think this week. So I'm back with the 200. And you, so you're not against a market fill. Again, I think you have to, every broker is different. I have not had good luck with market fills personally. So that's why I do limit orders. And that's, so I played around with both sides of it. And so that's just what I do. So it's really, you could play around with it yourself, test out different ECNs, limit orders, market orders, hotkeys, using the mouse, whatever you want to do. I do think it has to do with the broker. And so I would test it out yourself and do something different tomorrow and see if you get a different kind of fill. But I think today it was very spreading, showed kind of an example. And I think so too. I think there was just one, if today it was spreading. And then I think I had just one other one that was a bad fill like two weeks ago. That's going to happen. That's really going to happen. And there was something else I was going to say. Like if I had done the Fred today, it probably would have been a horrible fill. I mean, because I saw it, I had kind of pressed it, but it already broke. And then I'm like, screw it. And I really didn't think that the target was that big anyway. So this probably would have been a horrible fill if I had pressed it. So then we moved over to the other one, but the other one was much, much better. But I think that you, the other thing is, this is not a time to increase your risk. It's not a winning season. So again, I'm not certain why. I mean, you were doing really well. So I get why you wanted to increase your risk. I totally get that. But you also have to think of the time of the period with the market, of what's happening. Because if there's going to be days where we don't get any trades at all because there's just no good gaps, you need to keep your confidence high and you need to stay green. And if you're making $1,000 a week or whatever you were making, and to just stay on track with that until 2018 because the bottom line is that you don't want to ruin your confidence right now. It's just not a busy season right now in December. It's not the time to increase your risk. Okay. And then I don't know, do you mind going over just a couple of the ratings? Yeah, let's do that. In fact, why don't you look and see? Let's do, I'm going to stop the tape. Why?