So let's talk about a trash company. What's going on guys, it's rookie. Let me go ahead and start sharing my screen very quickly and this is just a small little recap. Eighteen thousand dollars on the day I Want to show you I was shorting uh AMC um I was inspired by someone who commented on my previous video I talked about it on Friday I went long on AMC day trading it after market hours I did it for about 10 minutes I made 15K AMC bag holders hate when I day trade anything AMC and he was like if you want it if you are so against us then maybe you should short it market closed and I was like you know what I'm actually inspired by that comment maybe I'll look into it to see if it meets my criteria to short it uh Believe It or Not Right Market ended up selling off uh Direction became favorable for a short I opened up a short and guess what? I gave him exactly what he asked and I walked away with 18 069.85 profit uh Tkq Seventeen hundred dollars on the day and then Sqq I made four thousand six hundred altogether.

Uh, nearly twenty five thousand dollars on the day. This is not a normal day for me. I'm not going to sugarcoat it. obviously a majority of that off of AMC I would not recommend trading AMC for anyone I mean all jokes aside, it's an extremely risky stock to trade I Just love having fun with trolls and is Success not the best revenge right? I made sure today that I journaled uh, my actual quality trades which were Tkq and Sqq my two big focuses for the week like I said in today's earlier video is position size and making sure that direction is favorable.

and even in my short with that um AMC it played out so well. right? Um, so overall very grateful for how today played out. Uh, one of the things that I want to remind you uh for tomorrow and I'm going to keep this video super short and sweet. Microsoft is going to be reporting earnings and if I'm not mistaken, let me go ahead and double check.

I believe it's also Alphabet also the mother company of Google I'm just going to double check very quickly. Here we go. All right there it goes. So earnings for this is going to be on the 25th of uh July So tomorrow and then let me just make sure for all of you guys because I want to make sure that you guys are all aware they normally report earnings together.

Yep, 25th of July. So tomorrow, both Microsoft and Google these are huge companies. Two point. Uh, where's Microsoft So market cap for Microsoft is 2.57 trillion and Google is 1.54 trillion.

So it's going to be very interesting to see how these move overall markets right with them reporting earnings. If they Gap up or gap down just like we saw last time when they reported earnings, they most likely will move the NASDAQ and the S P 500. and then this Wednesday We have the Fomc rate decision Where the Fomc will meet and decide which way that they will choose to get what they provide us with an interest rate hike, raising interest rates, or with a rate pause. Right now, there's a very high probability that they're going to be raising interest rates in just two days on June July 26th and again I will be live streaming it for free on the YouTube channel.

So just another reason to subscribe. I'm taking this day by day and I wanted to show you guys this position. I'm still very unaware of where the market is going to go. Why predict and why not? just the react.

Right now, we're at a critical Zone moving average, right? consolidating. Here, it's not breaking above VMA meaning that it's not returning to being bullish just yet. So I'm waiting for confirmation. but it's also not selling up.

so therefore there's no reason to have an open short position if there's not an active sell-off right? So sticking to my two rules uh, position size and Confirmation when it comes down to TQ I just want you to be able to see quantity I only have one share Uh, same thing for us QQQ only one share. So I closed out both of my positions and also for AMC For those that are concerned, obviously, you want to make sure I locked in profits on that I left myself with one share shorting AMC stock. so don't worry I made sure that I did my part locking in those profits shorting that POS company known as AMC stock. So other than that, I'm keeping my trading very simple.

focusing on those two things. I'm going to be trading live tomorrow and again. All jokes aside I mean you can be super hopeful. You can be super emotional down in the comment section, but at the end of the day, that does not change the end result of your trading.

If you're a crappy Trader because you implement crappy habits then that's 100 on you. My focus is always to encourage you to do what most people don't It's not rely on Hope but set up a plan to do well. And even if it doesn't do well, at least you manage or mitigate risk right? A goal without a plan is a plan to fail. and literally every AMC Trader meets that criteria.

They have no plan and all of it is based off of Hope and that is why so many of the majority of them always end up failing. So I think they're a great example. All jokes aside, to use them as an example of what not to be like, right? So if you want to see a little bit more of what it's like to be patient, wait for confirmation to be in your favor. Uh, position Sizing risk management, locking in profits? This is all something that I cover during our live sessions with the Lpp team.

every single morning. you don't have to join, but if you're tired of missing out and you're tired of figuring this out all on your own, The second link in the description down below again, it's a one-time payment lifetime access. It's literally the only thing that I offer I Don't offer call outs I Don't ever tell people where to buy where to sell. My main focus is I Trade Live every single morning.

It's a Raw live session and that's where you will get access to every single morning at Market Open and again, that's the second link in the description down below. If you have any questions, shoot me a direct message via Discord and that's the first or third link in the description down below. If you also want to message me on Instagram like always, let's make sure that we end the year under Green. Nope.

Thank you team!.