 What's up? What's up? What's up guys? It's Giovanni from Spy Options Trading here today with a new trading video. I got another trade in today. Luckily, it was a good trade, unlike yesterday's trade. Unfortunately, I just didn't make up yesterday's losses, but nonetheless, it still was a green trade, guys. I was thinking about this. I was really, really thinking hard about this. As a content creator, as a wannabe day trader, my goal for all my viewers and my subscribers is to inspire you guys. I want to inspire you guys to come up with your own trading strategy, your own trading plan, figure out what works for you, and go do it, guys. This game is beatable. I know it's beatable. It's just trying to find the right combination of indicators, discipline, and then following through with your trading plan, guys. It doesn't matter. Shut everybody out that tells you you need thousands and thousands of dollars to become successful in the day trading world. Even though that I do, I do feel that you need quite a big bankroll or trading account to do this full time, but you don't need those thousands and thousands and thousands of dollars to start day trading. The game becomes infinitely more difficult when you put your own emotions, your own true dollars in that trade. It shouldn't be. It shouldn't be different, but it's different, guys. And I've always said this through many, many of my videos. The emotional side, the psychological side of trading is probably the most difficult part of day trading or trading in general. Today, I exercised great discipline, great patience. In my opinion, I'm getting better. I'm getting better at recognizing whether this is a winning trade and I can hold off for a little bit longer, or, hey, this isn't going my direction. Let's cut loose. I'm sticking to my stop loss. I think that was a game changer is identifying a good stop loss and sticking to it and moving on to the next one. Good morning, everybody. Today is February 5th, 2019, just getting to my computer from dropping off my son at school and checking for X factory here. We have a couple things here on the dockets 945, which just passed. Let's actually refresh this. I'm not getting the numbers yet. While that's loading, we do have ISM non-manufacturing PMI. That's high impact at 10 o'clock, and that's pretty much it's economic optimism. Not a big deal, unless we're probably going to wait after 10 o'clock Eastern time to get into a trade. We are getting a signal here on VXXB. I've never traded it like I've never traded VXX, but it's worth a look at. There's just hardly any volume on those options in general VXXB. The 3350 puts that expire in three days are trading at 60 by 65, getting in at 65. That spread is just way too wide for me. 65 by 70 now. Well, the play of the day were those 3350 puts on VXXB. Look at that awesome move there. Check out the options here. They got up to 90 cents on the bid, so you could have button at right at 65 cents and been selling at 85 cents, even 90, and possibly 95 if you're patient enough to sit there. Again, with the possibility of still climbing up higher, but it looks like those were the trades. Oh, look at that. We're getting a signal here on spy. I am interested in the 272.50 calls that expire tomorrow. Let's see. Oh, the signal went away. Let's just wait to see more of the side candle. It doesn't look like it's going to stick. The signal is going to stick here. Possibly the next candle, but we're going to be patient here and wait for that signal to show up. I'm really tempted to buy calls. Calls seem really good here for spy. I went ahead and bought three at 118. There's my signal there. Put my stop loss at 272.86 there. So if we close down below that, I'll get out. I'm barely back to break even here. There we go. Now we're looking better. It feels like I bought like right at the exact center as far as the option pricing go. I mean, it's just been just standing still right around the 115 to 118 area. It's trying so hard to break out here. Alrighty. I sold two at 125. I only have one left now. It was a tough trade and I don't want to be in the negative now from here. So I'm okay with that. We'll see where it goes from here. The nice thing is I can't lose. This is no longer a losing trade. As long as I get out at break even at 118, I can't lose. And that's the beauty of this strategy is once you're in the green and you sell out, you're good. There it goes back up. And I sold the other one at 119. I saw it. I saw 118 flash and I went ahead and sold. And ultimately, I'm okay with that. It went back up here, but hey, that's okay. Let me show you my trades. I got filled at 118. This was one of my longest trades, one of my longest day trades in a long time. But I bought three. At 118, sold two at 125 and then sold the last one at 119. That is great. That's perfect. Let's just keep rolling with this strategy. I love it. And yeah, we're ultimately we are good. I'm happy. I didn't make up my losses from yesterday, but that is a okay. I made up half of it back. So we're set, guys. Thank you so much for watching. It was a long and nerve wrecking trade, but I made a winning trade and we are all set. Don't forget to smash that like button, smash that subscribe button also and comment down below what you thought about this trade. I would greatly appreciate it. Thank you so much.