As much as i know when to take off, i usually don't and i'm like like that's where that's where i always like admire what you've done jack like you, just you will just sprint and you'll just skyrocket when, when the market's hot - and i i will too Compared to my average, but then i'll just like stick around all year long and make money, but i'll do it like with so much more energy um, and i think this next year, like 2022. I would love to like actually take a full month off because i'm i've never taken a full week off what is up guys twist. We are back me myself and i um jack and mari um last week. It was just me but jack and mario are back.

They are traveling as their their lovely little backyard. There um what is going on going on guys how you guys been um? What have you seen in the market? What's new for you guys and for trading um everything around all about. For me, i've kind of tried to tone it down a little bit after the big loss that i had on car last week. It was actually last tuesday.

So, given back half of my month of october, i thought that was very difficult for me. Um trying to get back to the basics and trading as little as i can just because i want to kind of reevaluate everything that i'm trading, how i've been trading and the just thinking about all of the mistakes that i did on tuesday and going forward. I need to have a lot better rules on these first green day, low flow nasdaq. So just thinking about how i'm trading the size that i'm trading and also where i stop out, because i should have stopped out the high day on that tuesday.

And i never did so. I feel like it was all just a bunch of mistakes that i did in one trade and i feel like one trade can um it could like quote-unquote blow you out mentally and also, if you have a smaller account, you can't really account for these type of Losses so um trading otcs mainly, and i feel like they've, been picking up a lot more and i do like them a lot better. The risk to reward is a lot easier and there's a lot more reaction time. So that's what i've been trying to focus on for this week and moving on into the next few weeks, yeah for me, kind of similar to mario, like took a really big loss on car and for me, was a little bit different.

I did stop out like at the right areas, but i put on way too much size on cars, so it was a really big loss. It was about a quarter of last month's gains for me, and um also took too many attempts on the dip buy and if you looked at the chart i never really gave a significant bounce, and you saw a few. Other traders also lost a bunch on twitter. So it was really hard stock to trade, long or short, and this week after that i took uh, i took a day or two off and then i got into a couple: otcs i'll us, cybl, rgbp fern traded those um, something just a little bit of a Slower pace bought bought those with a set risk and let them swing for for a bit actually just sold a couple of them today and ended up being a decent gain.

I mean i can't make. I didn't make back my loss by any, but i'm not going to try to make back my loss, i'm just going to try to get back to a process and i'll make new highs when i make new highs, but just moving forward like with nasdaq's. It's just not something that i'm really good at trading unless it's something that is moving um because of wall street bets, or something like that, like i do really good on gme amc hood like a lot of these stocks that are wall, street bat candidates or uh. Even like the few other pumpers on twitter, like i don't trade, their pumps very well, it's like the shibas, the gmes, the amc's, the hoods like those i'm pretty good at trading.

I don't know why, but that's just something i've noticed throughout my trading. So, maybe just not trading as many nasdaq setups in the future yeah. I like that um for those who are watching this episode, who haven't seen last week's episode um i dive in pretty deep what what mistakes that seems like jack and mari also made along with myself um on car car um. I go pretty deep in that.

So we're not gon na go over that too much more in this episode, but please go watch that back um. You know it seems like after what they just spoke or shared like same things, i had to deal with um and rules. We need to correct moving forward um since then, since, like d-wack and fun and car, i thought nasdaq's would like keep heating up or keep popping up, but i mean i don't know about you guys, but this week has been quite uneventful in that area. Um, in a sense that i just haven't, really taken much nasdaq trades, nor seen any opportunities.

I particularly like specifically on the short side um, but there's been more or more opportunities on the otc side which jack mentioned, which we'll go over here um. Let me actually share my screen, we'll just get right into it, i'm not up to i'm not up too much in the week, i'm only up like maybe a grand or two uh, simply because i've taken some losses on the long side for some of these otcs Um rgbp was my biggest win uh. I took it over the weekend on friday. If we go into the intraday former runner, um now kind of having some green days having some strong um kind of a bounce back after down trending for so long and um and into the clothes, you can see that it was holding its morning.

Spike highs at like two seven, two sixes with all these little dips here and i like that a lot so i started accumulating some. I started buying into some of these dips. Late day it broke new highs, sold a small piece right into the clothes just to lock some in, but still have the majority of my position overnight. Um was risking red green.

The next morning, monday morning, uh, we spiked out the open, sold the rest into the three threes and locked in like 7k, so that was really sweet. Um, but mario, you and jack mentioned you what sold yours today. So i guess you were kind of having a bigger picture or a longer term timeframe than i was in terms of at least a day or plus or day longer, yeah. That's what i was thinking.

I thought into the i sold some also into the morning spike that next day that you said, but i never sold it all just because i thought i would sell when it went red and when it went around today. That's when i sold, i was just when i took it. I was risking, maybe 25 when i took out 27. risking, maybe 25 or something like that, and it never hit my wrist.

So then, since i was traveling into monday, i just set a stop loss and i waited for then to my wrist to just be red to green, since i knew that i wasn't going to be at the screens for all of that. I, like that same for you jack same idea, yeah, so i ended up putting a couple fantasy orders in at like three two three four and i actually put a fantasy order in at like three four eight, and i was, i think it was the one i Think it was like almost a dead top um, so i sold some shares yesterday, but i still had like two thirds of my position and then i sold that um into the morning. Panic today same kind of idea as mari, risking that red to green level. Because of how well it usually holds on the stock so um, it was something that i noticed on the chart and i thought that uh it'd be a good uh good area to risk, especially because i was traveling so yeah totally um part of me.

Yeah part of me, i remember, selling my last few portions into the weakness on on was it monday, because i actually thought like similar to you guys, i thought it could have gone a little bit higher uh, at least on the at least on the last day. I didn't think it was. I would have sold the same time if i was holding it any longer. Um, but yeah, just based on its previous runs like going into like the forest.

Wouldn't have surprised me so maybe in a few weeks or a few days, that'll consolidate and break out again. That would be really cool but um not going to try to predict the future um. So, like i said, i made 7k on rgbp, but i'm only up like 2k on the on the week um. Why is that? Well, ilus is just my favorite stock of all time, um being completely sarcastic gear.

I mean this was a huge run and breakout back in like september. I know jack you killed it on on this breakout long um i did not. I don't think i made any money on the lawn just because i had the same issues i had back. Then.

I'm having now um it's consolidated for another whole month or so, and now we are attempting to break out again and for me i'm not one to like anticipate a breakout, necessarily where i know a lot of traders are, and i think a lot of traders are Still swinging this to potentially go higher um. However, for me you know i was trying to buy the breakout and i failed miserably um. I think i lost practically every trade i've taken i've taken on this thing um, but i know jack. You did better than that.

Uh so i'll, let you uh i'll, let you describe how you traded it, because i just bought every top and sold every bottom, so i'm not gon na be much help. Okay, um! So i first entered the swing position on that first green day: yeah uh that day right there i mari kept talking about it. She was bugging me about it. She kept saying it's going to break out.

It's going to break out it's going to break out, but my kind of plan on this one was not the pre-exhaust, so i saw a lot of people getting excited for it. So i was like it's probably not going to happen because there's too many people excited for it, but i came back at the end of the day and i was like this - this price action's just too nice, so i did buy some shares right like i started That little perk there into the clothes um and i put on a position and then the next morning, when it gapped up. I i drank the kool-aid un. Unfortunately, and i bought a bunch like triple down or quadrupled down or something - and i decided to risk that 39 level, because i know how this one can go red come back based on the daily chart, rgbp held its levels, unlike ius it kind of uh fakes Out a lot, so it was looking good and then the next morning it dumped and i sold like a little bit of shares because i was annoyed um and then it came back and then like.

I had some ads and some cuts throughout those couple days. But nothing like drastic um and then yesterday it looked good. It broke over 50 and then it perked and then just dumped and then today, um kyle. If you can go to the daily real quick, i didn't really want to worry about it anymore, um and i didn't like how it wicked uh the breakout three times so i was like i've given this enough time, so i ended up dumping uh.

Most of my position underneath the day low and i dumped quite a bit of shares and i got like they pretty much soaked all like. I think i was the biggest red candle there today um. I was like the only one who sold and uh they just soaked all my shares today, so that makes me think it's pretty bullish. I still have a small piece on from that 40 cent average that first buy, so i'm still in the trade i'm up on it slightly from my ads throughout the um.

I'm up on it a little bit so kind of my new plan is um once it uh doesn't have a morning. Panic and consult can consolidate above view op for a little bit and then can perk through 50. Maybe that, maybe i'll add some shares on there. But it's really hard to tell what it's going to do.

Um it's still holding up in the 40s really well, and today was a big, was a big tell for me when it didn't dump after it uh looked like it was going to have a morning panic. What are you mari? I mean trade zone is still holding, or did you whiff it like? I did. I definitely did. I feel like for me the day that i i was just so excited about it and it just looked so good on the daily and i had a first green day held over viua.

It held every level for the whole day, so i was very excited about it, but then i didn't take any shares because i was busy that afternoon and i feel like what messed me up. The most was the average that i had, because i knew i wanted it a lower average and i never got that lower average. So i never got the size that i wanted and i just chased chased every single time like it created a trigger every dip, and then i would just sell into almost every dip. So i definitely like almost every single trade that i took on.

It was maybe for a loss, because i'm just expecting it to work right away when it holds these levels when it creates that trigger like yesterday, when it held all day created that trigger into power hour. I would have taken it again because uh yesterday on over here, yeah right there, because it held so well and also it got over 50, but it never really did anything. So i feel like as a trade swing idea. It worked work very well for a good average, but as a day trade um, it just fakes out many times when it should do this.

It doesn't so average for me would have been really important if i wanted to trade this as a breakout, but i feel like now as a day trade. It's not that easy to trade, it no not at all uh, and i think that's why i screwed up so many times on it, because i tried day trading it when in actuality just the way it moves and it's holding um like i like jack's comments or Your comments, jack when you're saying like it's, it's it's not breaking out convincingly, but it's also not breaking down either it's kind of just chilling on its eyes, which is certainly more bullish. Looking than bearish, especially on the daily chart um, the issue is like i just i suck at swinging these in terms of like this kind of a pattern of like swinging for the breakout, you just don't know, what's going when it's gon na happen, um, and so I tried to day trade it like almost every other day and was like buying spikes selling dips um. So i just lost the line.

I think i agree with you. Mario, like the average, is key, especially if you want to swing - and you know i just don't - have a good average um, and so until i you know, and again i part of me like okay, why don't i just buy into a dip risk a lower low And then hope it breaks out, but then for me i have like no conviction i i need to see like like it working like it's trying to break out and i also have been able to like set a wide risk and let it work. So i don't know i've been i've been tearing myself apart, trying to do this and i'm this this close to just blacklisting it. I might just never trade it again, but um.

I want to talk about no, no noticeably other trades, but i want to talk about. Maybe just sectors as a whole um, i know tilray has been looking strong recently, which is a good indicator for weed stocks. I know jackie loved to see that any comments, any any game plan, because usually i mean for those who don't know um, we sucks typically get a run or two every year or so just based on you know new regulations, new laws. We had a huge run until right in the beginning of this year, but i mean kind of everything had a massive run so um, i don't think it was revolved around any legal or or new laws being created, but i believe um there are more there's more Progression being put in place, i don't know if it's the end of this year or next year, but there's just because i mean weed still isn't fed illegal at this point, which is actually kind of mind-blowing to me that it's not um so jack comments concerns thoughts.

Anything um on a charting standpoint. Tilray has, i don't think it's really had like a significant bounce. After that major run and um, i still think that the weed stocks like people know like some news, is eventually going to come about these things. I don't know if it's this year next year, the year after, but it's going to be federally legalized, i think so, just based on especially the politics that we have right now: they're, very bullish on drugs and i've always liked the weed stocks, because i know them Like the back of my hand and unfortunately, they're not even remotely as hot as crypto crypto, if crypto is pressing new highs and it's it's going up um, but we're still trying to find a bottom here so tilray on a technical standpoint.

I really like the chart because of how well that ten dollar area is holding and ten dollars was actually the previous breakout and it's a very um key level. And if you see till right, it's the um first time that we have created a higher high. The chart has been down trending ever since the summer and it kept down trending. Even when we got big volume there on the earnings, it had positive earnings, which is good, and then we just kept down trending, but we had that perk off.

10 came back down. Double bottom at 10, and now we're breaking over that high. I do have a swing position now, on till ray and i'll be risking that 10 area moving forward, um with goals in mind of this bouncing into january or february, into the 20s 25 30s. Maybe the 40s um, but i do think that a significant bounce is going to come, especially as crypto gets hotter.

They kind of they kind of run like hand in hand like 2017. We had crypto and then we had weed and then last year we had crypto. Then we had weeds so um, i'm thinking that weeds, eventually gon na find its rotation and rotate it up. I like it.

I like it um i like to hear about crypto, because crypto was out which i was going to talk about um. Let's bring up the chart here, um, we are just just pushing highs um. This is an hourly chart, we're trading at like 68, 000 or so um. You know, if you, if you follow me either on the break-in break breakdown breakdown, chat.

I've been talking about all the stocks i own that are related to crypto um, if you're part of the small cap rockets with matt - and i you know the cryptos that matt and i are watching um and it happened. Why we're watching them, or while we're watching this sector as a whole um and just looking at the daily chart? I mean this, i mean i just um. I couldn't be any more excited. I did, i think, we're going to like 100 grand um per coin easily um just based on, like you know, i remember me and jack we're talking about the breakout at 20 at 20k back in november um.

We both bought that breakout, and i mean we never even touched it since now. It hasn't been the same case here. We obviously have broken out and faked out um, but just how vertical bitcoin can get as we've seen, and how much news is coming out with how many etfs i mean, there's almost like it almost seems like every other country wants to start an etf. With this thing, um, including america with now, has i think, two or three that are coming up um available soon, one already being available um, so yeah.

I just no, no particular analyst for analysis on me other than i think we're just going to keep going up. Keep going higher, probably into the end of this year early next year, um 100k plus, would be my estimation, and i mentioned that, because it's going to bring a lot of a lot of um opportunities in in the stock market. Like with um, i mean there's i've gotten so many i can list a ton but um there's like crcw. I know jack and a couple other guys have some positions there.

I know i'm long like mara, riot um, b, b, itf um v y g, v, f, um a double a double b. I can go on forever, but there's a time um. I don't really know where i'm going this. Obviously, i'm just rambling because i'm excited about crypto uh, but that's like the mark analysis for me on it um other than that i think just going forward.

Let me actually stop sharing my screen here, um other than that going forward like i just think it's it's easy to want to keep making stuff happen. Um, especially after we've been given huge opportunities like fun or like car um, and not having seen like follow-up moves in other stocks or other sectors um, but we were just talking about this before i was where we also were just talking about this before we started This episode of like um as much as i enjoy traveling and we enjoy traveling, usually like december through february, is like not the time to do it, especially if the market gets hot and i think that's the time to hunker down. So i would rather much just play it. Cool now maybe go on one more vacation in november, maybe early december, but once once the market gets hot, like that's the time to like really focus because um, even though there's opportunities now there hasn't been at least after dwacken car.

There hasn't been anything like. I need to be in front of the screens for um, especially since i've just been losing on ilus and other otcs that aren't really working that well um but yeah. I want to see what you guys. Thoughts are, if you agree, i'm sure you agree, but for newer traders, that's, like the theme of you know, you'll know when it's hot and when it's too hot to handle like you just don't even go on vacation, because it's it's it's just that insane.

So um yeah, i feel like that's like the beauty of this job, you kind of get almost six months of after you work so hard during like the winter times, which um is like the time where you get the most volatility. Well, that's what history says so um. Ideally, that's what happens again, but you get almost six months to travel and explore and just see so many new places and then there's also the time like there's a time for everything. So there's also a time for being very zoned in and just know that that will be the time to like give your job uh like the most that you can just taking all of the opportunity that you can.

I feel like that's what will happen with us that this will be like the last vacation for a while yeah i'm uh, i'm on that wave with uh exactly what mari said so definitely have enjoyed the summer and next year. I hope to enjoy it more, not even just with traveling, just with the pressure that we, as traders naturally put on ourselves to kind of show up and make money and trade and do this and that um. So this year, like these past, like few months, is the least pressure i've ever put on myself to perform and started caring about, like other things in life, and it's been a lot happier and more fulfilling for me on a life standpoint, and now i have new Goals and new challenges outside of the market during the summers, but when it's winter you know it's time to hunker back down and focus, because i can make the majority of my money in a few months to um to six months in usually this the winter and Late fall market conditions so we're starting to approach that time, especially as we got closer to thanksgiving it was just daylight savings time. So that's a big thing that i know a few traders talk about that causes.

You know traders to wake up earlier and creates more volume. More volatility, people start to get bored, people start to have extra money around this time, and you know it's not going to be the summer anymore. So it's time to focus back up and then next year even try to not put as much pressure on myself again and then really find that that really good balance of the markets in life. I love it.

I love it. I i could learn from that because uh, if you know, if you i mean they know me, i as much as i know when to take off. I usually don't and i'm like like that's where that's why i always like admire what you've done jack like you. Just you will just sprint and you'll just skyrocket when, when the market's hot and i'll, i will too compared to my average, but then i'll like stick around all year long and make money, but i'll do it like with so much more energy um, and i think This next year, like 2022, i would love to like actually take a full month off, because i'm i've never taken a full week off um guys, like i have a problem, i don't over trade when i'm in front of the screens but physically walking away for a Somewhat legitimate period of a time like i i just don't do like i always have checked in on the market, so that's something i definitely work on going forward um, but yeah anyways guys thanks for watching twist.

I hope you guys learned something comment in the section below, if you guys want any, like particular different topics, to change it up, i'm a feeling we're going to start bringing on more guests as the next coming episodes come out, but anyway guys um, thanks for watching. Like and subscribe - and we will see you next week - comment to a guest down below that you want us to have on there. We go great idea later guys. I hope you guys enjoyed that video thanks so much for watching and being part of the stocks trade community - we wouldn't be here without you guys make sure you hit that like button and subscribe to the channel.

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