Hey everyone, I'm going to give folks a second to get uh tuned in here. So today the market is closed. It's Monday and it's about uh, just about 9 30 a.m So coming up towards the opening bell, well it would be Anyways, on a typical Monday morning, not today. Markets closed for uh, Martin Luther King Day and today is also would have been Betty White's 100th birthday.

I donated uh my profits uh on Thursday from last week to uh Uh Animal Rescue in her honor which is was part of the Betty White challenge. So something kind of cool there and I want to do a donation as well for Martin Luther King Day. So a 50 50 half for Betty White and and half for an organization um related to Martin Luther King Day that we came up with. So anyways, trying to do something kind of special there and I thought what I would do this morning since the Markets closed is uh hey, why not do 2021 year in review? It's about time I said I was going to do it and it's well, the 17th of January So this is as good a time as any.

And as you can see I'm um, on vacation which is, uh, nice. but I have about an hour here. My wife's doing a workout in the gym so I've got about an hour before I'm gonna go down to the beach and relax a little bit. I thought I'd come on here and chat with you guys about 20 21.

All right so those tuned in? uh just let me know if you can. Can you see me and hear me? Okay, uh. I hope the audio and video is okay. You'll hear a little a little wind noise, maybe a little ocean uh, sounds in the background as well.

Hopefully nothing too distracting. I've got my broadcast up here so I can re-see what's streaming. All right. Great thank you.

Cool. Okay, uh well. it looks like a lot of you guys a good number of people have already tuned in. Maybe some international traders who are like why, why is the market not open today? What's going on? What the heck? I didn't get the message so I know the Us holidays sometimes throw off international traders.

so uh, we we did send an email to all our students just giving the heads up that um, Marco was closed today. But anyway, so let's see. So um so I'm going to get into 2021 year in review. Uh, I'm going to talk about my my profits from 2021 So this is also as good time as I need to remind you that what do you think I'm going to say? I'm going to say something right now and some of you know exactly what I'm going to say.

My results are not typical. All right. My results are not typical. Trading is risky.

If you're a beginner, beginning or an aspiring trader. you should know that most beginner traders lose money and you should not trade with money you can't afford to lose. Did anyone know I was going to say that trading is risky? All right, And I so I'm You know, if I'm going to talk about how much money I make, I want to disclaim to you very clearly that my results are not typical. uh, and then there's no guarantee you'll find success.

There's no guarantee if you'll find success either as just a general trader out there, or even as a trader who's a student at Warrior Trading. We don't track the typical result of our students. We don't of course, have access to their broker statements. So we're going to say and disclaim very clearly that there is no guarantee stated or implied of success.

so just be mindful of that. I am, however, really happy to share with you my experiences trading and my results trading. My results are, while not typical, obviously they are impressive and I've been able to do quite well trading. And so, for anyone out there that wants to learn how to trade and specifically wants to learn about Momentum, I'm a good person to learn from and I am qualified to teach you on this topic.

Uh, these trading profits are, uh, real. At the end of each year, I have my broker statements audited and then I keep the audit record on file. So I have an audit from turning 583 dollars into. uh, well, let's look at the P L here.

So I started on January 1st, 2017 with 583 dollars in my account. So just to you know, back up. And at the end of the first month of 2017, I had produced a profit of about 16 000. End of the first month, by the end of the first year 1231, I had grown that to over 335 000.

By the end of the second year 2018, I had grown that to 836 000.. by 2019, I had grown it to 1.2 million. By the end of 2020, I had grown it to 5.7 million. By the end of 2021, I had grown it to 9.6 million in net profit.

That's net profit. net of fees and commissions, Gross profit before fees and commissions over 10 million dollars. And of course, the account is still growing today and it will continue to grow through 2022.. So turning 583 into over 10 million dollars in gross profit.

No, that's not a typical result. Uh, but it is something that I was able to do. and I did it. Trading Momentum.

So what is Momentum Trading? Well, if you've uh, never heard of Momentum Trading, I'm happy to share with you. It is trading stocks moving quickly. So momentum means a stock is moving up. All right.

So if we've got something with momentum, that means it's moving up. Uh, and I like parabolic momentum, which is when a stock is going almost straight up and we got some incredible parabolic momentum. In 2021, I nailed Gamestop Costs and several others. Those were my two biggest winners in 2021.

Gamestop Rally It was. I mean, it was incredible. I don't have to tell you you know it was. It was crazy.

I'm not going to show a bunch of charts during this. I'm going to look at the high level of the analytics the metrics of 2021, but I do want to show you uh uh. Well, I'll talk about some of the some of the highlights. So if you're on, uh, the live broadcast, hey, do me a favor.

Hit the thumbs up please! This makes a huge difference to the channel. It tells the Youtube algorithm that this is an awesome video that other people should watch. So do me a favor. hit that thumbs up.

It takes two seconds. All you got to do is you gotta just move your thumb, hover your thumb over the button. Tap it If you're on mobile or if you're on a desktop or a laptop, just use that little mouse. Just move it right over.

the thumbs up and just just click on that mouse. Just give it a little tap. Hit that thumbs up please. It really makes a huge difference.

So let's see. um and for those that are tuning in, maybe this is the first video you've ever watched of my channel. We've got a ton of awesome content which you guys can check out. If you're subscribed you you see that you'll get notifications when I go live and everything else, so definitely check that out We'd We'd love for you to enjoy some of that content.

For those asking about, uh, the view? Yep, you can see uh, some mountains in the background there and a couple palm trees. I heard it's uh, snowing in, uh, New England today. So New England's getting a ton of snow. I don't know a decent amount at least, but I am warm and not thinking about snow right now.

I am just happy to be, uh, enjoying I guess a little bit of vacation after uh, what was, um, a pretty awesome year in Uh 2021. All right, so let's see. So let me go back to Um here. Oh, and the disclaimer's popping up again because I switched scenes on my broadcast.

Well, that's fine. It'll remind people just tuning in, maybe for the first time. uh, joining us a little late that trading is risky. Okay, so let's dive into Uh 2021 year review.

Oh, and hey, by the way, I pulled up the strategy page here. So anyone that doesn't know about my strategy that wants to learn more, you can check out this page. It's Warriortrading.com Strategy The ultimate day trading strategy course. This talks about the strategy that I trade every day.

If you're brand new, you don't know how to place an order, You don't know how to take a trade. You could register for this free class right here. You can scroll down. you can check out the curriculum that I teach which is the Warrior starter course right now and then my small Cap Day trading course which is right here 20 chapters.

So for those who have already been trading for a while and just want to kind of get right into figuring out, well, what's the class he teaches, this is the class that I teach. This is the Advanced Strategy Development class which you would have access to as a pro student and some of the biggest winners and the biggest losers last year recorded and going into the live trading archives. so as a student you can re-watch those trades. and the way I find stocks to trade are on the scanners which I have a development team that works for me.

They built out the scanners so I use the same tools that our students use. Our students also have access to a trading simulator so you can check out some of these things here if you want to learn more about my strategy. Whether you're thinking about joining uh, the starter or the pro class today, or you just want to register for a free class and keep learning a little bit more, you know we'd love to have you check out this page. All right.

So let's go back here to Uh 2021. All right. So 2021. So January 1st to 12 31.

So gross Profit was 4.3 million, net profit 3.85 already. Some of you are like, are you kidding me? You paid almost 400 000 in fees and another 72 thousand dollars in commissions. In this day and age, you can treat trade with Td Ameritrade or E-trade commission free And that's true. and maybe I'm a little stuck in my ways.

We have students who do trade with Td, Ameritrade and E-trade We have students who have traded there successfully. We have students who have, I'm sure trade there and lost money. I know we have badges at Warrior Trading so we have 100k badges. Million Dollar badges.

We have eight students right now who have gotten a million dollar badge. They represent absolutely the minority, the smallest percentage uh of traders out of over 10 000 students only 80 right now that have a profitability badge. Uh, and eight that have a million dollar badge is a very small percentage. so that tells you how difficult trading is.

But I I know at least two of the students actually that have a million dollar badges use Td Ameritrade for sure. No three. Three of them for sure use Td Ameritrade. Uh, and that's just off the top of my head.

So there may be uh, there may be others and as I said earlier, we don't. Uh, we don't have access to our students broker statements, but students can voluntarily submit broker statements if they want to get a badge. so it gives you next to your chat icon. Um, the the badge of profitability.

So um, you know it's it's uh, it's kind of a voluntary system, and as always, it's Their results are certainly not typical. So I just want to say that, uh, very clearly. Okay, so um, so I do pay fees and commissions and the broker that I use I've been trading with for a long time. I'm happy with them, but the fees are not insignificant.

So what are these? fees and commissions? There's two separate items here. Well, the commissions. Every time I click the buy button, I pay a commission directly to the broker. And so for 2021 I believe for all of 2021, that commission was two dollars per ticket.

So each time I click that buy button, it's two dollars. I was able to negotiate that down because of the amount of trading that I do, but that just tells you how many each one of these. How many times I clicked the buy button? All right. So each time I click the buy buy and each time I click the sell button, it's a little small ring of the register for them.

and that's profit for their for that broker. Now, the fee is a little bit different, so I use a broker that allows me to choose how my orders are routed to the market. So for a beginner trader tuning into this broadcast, this might already be kind of going over your head and I don't want to lose you. So, um, just if, just for instance, let's just think of the the well, we.

I'm on an island right now. Uh, so to get to this island, there's a couple different ways you can get there. Think of the stock market as an island. so when you're wine a trade, there's a couple different ways to access the market.

And you could you could use a ferry, which might be very, very cheap. Maybe it's even free. Or you could use a speed boat. Maybe you could use a plane or something like that.

So some of the high speed ways to get to the island are more expensive and so you pay for that. And so I pay for what is essentially high speed order routing. It's direct order routing to the market, and that allows my orders to execute extremely quickly. And because the market moves quickly, especially when there's breaking news on a stock, seconds actually matter.

You might not think so, but, but they do. so. using direct access routing, I'm able to get in quickly, which means I have a better price and I'm able to get out quickly. Which means I'm potentially getting out at a better price.

This is a advantage that I think that anyone that uses this type of broker would have, but it is one that you have to pay for, and it amounts to about 10 of my profits Now, even if we go back to 2017, I think you'll see pretty consistently it is going to be about 10 of my profits. A little over 10 go towards fees and commissions. so you know I mean it's not nothing, uh, 10 is a significant amount. On the other hand, on the days where I've booked some of my biggest profits, I, I've asked myself, would I have been able to have as good of an entry with as large of a position had I been trading with a slower broker And you know I don't know the answer.

Ultimately, since there are clearly some traders who have found profitability with what I would consider to be maybe less than optimal brokers for active day trading, it tells me that maybe maybe it doesn't make as big of a difference as I think it does, so I can't really say for sure. But in any case, so 3.8 million and over 450 000 was in fees and commissions. So the high level here of my metrics: Uh, this year or this past year? Uh, average daily gain: sixteen thousand dollars per day? Uh, total volume each day averaging uh, 670 000 shares which is directly corresponding to the fees being as high as they are because your fees are based on a percentage of, um, it's a cents per share, my average winners 2200 and my average loser is 2500. And what you'll notice is that I took a 243 000 loss in 2021.

The biggest loss I've ever had. I hope that I don't top that on the one hand, although on the other hand, if I do top that, uh, hopefully it's because I'm continuing to push the envelope and maybe my average winners are also and or my record winner is also bigger. But at this point, uh, in 2021 I set my record for biggest single winning trade of 141 000 in one trade And I also set my record for uh, biggest, uh, losing trade in 2021. Um, I also set a record for biggest Green day and biggest Red Day.

and uh, you know both of them were a recap on Youtube. You can go back to February 4th, 2021 and maybe what we'll do is I'll put a a link to that video. maybe right up in the corner here. or maybe up here to check it out.

You could open another tab and save it for later. 274 000 Red Day recap. That was the worst day of my trading career. And you know what? February 4th is my birthday.

I did that on my birthday, so at the end of this week I was down over 350 000 on the month. Uh, it was a pretty brutal month. Uh, start to the month. At least I did finish the month in the green.

I had a couple of. This is a two hundred thousand dollar day right there. Hundred and Eleven thousand on this day. Uh, several of these, uh, trading days from 2021 and 2020 are in live trading archives or in videos on Youtube.

So that was a 274 000 red day. January I had a 470 000 green day which is currently the record for my biggest green day of all time. This day at 210 was also a pretty nice one, but that wasn't a record breaker. It was a green day, but not a record breaker.

But look at that in two days, that's 600 000. Third day, that's 700 000 plus another 80. From there, that's 800 000 in five days, you know. Add the previous week it was a nearly million dollar week that was during the game stop run.

So uh, each time I mention these crazy days the green ones, I want to remind you my results are not typical. uh, the red day. Well, that's probably not a typical result either to lose 274 000 in one day, but that was a pretty nasty day. All right.

So back to the detail. So unfortunately because of a few select huge losses, my average red. My average losing trades were larger in 2021. I'd be curious.

if any of you guys know your metrics for what your what your average green days are, what your average red days are and and type them in the in the chat feed here and share them with us tell us uh you know for those tuning in on the live chat, what are your average looking averages looking like? I'm sure others would be very, um, very curious to hear my averages not as good as I hoped they would be. So something that's kind of interesting here is in 2020 just to compare, uh, year over year. In 2020, I averaged, um, about the same amount of volume each day. Um, but my average winners and losers were about even and actually made more money.

That's kind of like a head scratcher. How is that possible that you trade this? Your average winners and losers are are the or less, but you make more money. Well, I didn't have a massive you know, 245 000 single trade loss and uh, in general, I was able to keep my average red days smaller And so that's going to be one of the takeaways that we're going to look at. So win versus loss stays in 2021.

Um, so my average losing day was twelve thousand dollars in 2021. sorry in 2020 and my average green day was 26 000. let's look at 2021 to compare and contrast here. in 2021, my average winning day was about the same 28 000.

Okay, my average losing day was 31 grand. It was almost three times higher. If it was at 36 000, it would have been three times higher. So it was more than twice.

And this is the big thing that I want to work on in 2022.. And I can tell you right now this this is. this was my kind of achilles heel for 2020. Uh, sorry 2021.

I on my red days I didn't take my foot off the gas, I kept going hard, I kept trading super aggressively and what I ended up doing was um nearly. you know, tripling my my daily loss and I towards the end of 2020. One? Sorry, I keep getting confused at the end of 2021 in October? uh or was it in September? I don't remember. I think it was.

it was somewhere around this time. uh maybe it was in August. I'll link to that video as well. I did a video uh and Steph who I think is tuning in um uh from my team to watch.

she can comment on this. So uh or put the video. So I did that video of reviewing my average red trades. It was sometime I think in July or August if you want to look.

Um and what I found was that on a day where I went down twenty thousand dollars which is my daily max loss, If I kept trading I had an 82 percent chance. I think it was 82 percent chance of doubling that loss right and then being down 40 grand. So so far this year I have not gone down more than 20 thousand dollars in one day. In fact so far this year um I've my metrics have been good.

I have not had a red day yet knock on wood uh but I have uh, had some days where I went red by ten thousand. I had one day I went red 16 000 but I didn't hit my 20k stop mark. So I kept trading and I was able to finish the day slightly green which is good. Uh, but uh for me.

Definitely a big takeaway and I've been able to implement it pretty much since. Doing that. Video is keeping my trying to keep my red day smaller. So I did have a couple of bigger red days here and here.

I don't remember if that's when I did the video or if those were days I just hit max loss and stopped. I did in October, Have or no, it was the beginning of December. I think I had a forty thousand fifty thousand dollar red day. It was like one trade.

I got kind of wiped out and that was it. So I didn't take a lot of trades. I hit the level and I was done. Uh, which is good.

And so realistically between September and December you know I really didn't have too many red days, but in the first, you know, nine months of the year I was letting the red days get way too big. Um, you know, fifty nine thousand, thirty, six thousand. That's a hundred thousand dollars in two days. But I mean as a reminder as always that trading is risky and you know if you have a big account you start swinging with with you know, large amounts of money, you can get yourself in trouble real quick, You can get on the wrong side of a trade and and so that was, you know, one of the things I I tried to trade aggressively.

I traded with large size, but sometimes I found myself getting a little too heavy and then not able to kind of unwind the position quickly. So for instance, you know on a in a small account, if you're trading with a small account, you know you can jump in with whatever 500 shares and jump out with no slippage. In and out, Super super light, your light on your toes. No big deal, but when you start trading with bigger size, that's when you're going to start having some problems moving in now quickly, and when you're having problems moving out, moving in and out quickly, you're going to be more likely to hold the position longer.

You know, with 40 000 shares, you can't just jump in, jump out, so you hold the whole position. Give it a chance to work, and the next thing you know, you're cutting a loss on 40 000 shares for 50 cents and you're down 20 grand And it's a 20 000 loss just like that. So trading with big size you know it's kind of like, um, steering A, you know bigger boat through the marina or whatever. You're just not as nimble you've you move a little slower, and you're going to have small boats that might zip around you and you've got to be pretty confident in your course.

So that's a reminder to me to focus on the quality of the setup, higher quality setups and bigger share size, but then less trades. period. So so far, this year, something that we started at the beginning of the year was Trader Rehab. So, uh, on New Year's Eve 12 31, I taught a six-hour long Trader Rehab course with a trading psychologist that, uh, trader psychology expert that joined us and it was a phenomenal course.

It's now available for our warrior pro students and we set a Trader Rehab plan for the next 30 days. Now we're still in that plan right now, although someone who watches Trader Rehab today, you could implement that plan right now for the next 30 days if you'd like. It's A it's A it's a three-phase plan. The first phase is the most, um, restrictive and then and we're restrictive to one trade a day.

Best quality setup. And so for this last, uh, the first two weeks of this month, I've been taking my first trade, focusing on it being one really good quality trade for Trader Rehab. and then once I booked that one trade, then I've been looking for more active trades. But I've been trading Very, very disciplined, very selective, and I would rather, you know, go big on one day and trade all out and then the next day.

if the conditions aren't suitable, I won't trade at all. So that's kind of the approach that I have right now. So back to the metrics you'll see my accuracy is 64, and if we contrast that against 2020, you'll also notice that that's a slight decline year over year from 69 in 2020. So accuracy declined a little bit.

Um, profit loss ratio declined a little bit, and total profits declined a little bit. So you know, across the board, 2021 was not as good as 2020, although it was still a good year by pretty much any definition. And um, I do try to trade primarily in a retirement account, which means I have no income tax on the profit that is in that retirement account. So for those asking about tax rate, I am in the highest income bracket, but as much as possible I trade in a retirement account so I don't have to pay any tax on those gains right now, Which is great.

Now that's not 100 feasible because you know, if I want to spend some money, uh, you know, or pay some bills or or whatever, then if I need liquidity for that current event or whatever it is right now, then I can't draw out of my retirement account. So you know I think it's important to have a retirement account, but you could maybe do 50 50 or something like that depending on what your situation is. Okay, so and by the way, those tuning in or who are you know still watching who have watched the whole video so far? If you haven't already, hit the thumbs up, please do me a favor and hit that thumbs up. A lot of people really like watching these year in reviews, so um, hitting the thumbs up helps Youtube? Uh, know to recommend this video to them.

All right? So average? Uh, winners. Four minutes average Losers: Four minutes. So four minute long average trades? That's pretty, s, um, standard from 2017, Uh, through the end. No real change there.

I don't think a slight change, but not not super significant there. So average hold time about the same. So yeah, the biggest difference there, uh, year over year was related to my average red days, my average red days being almost twice as big. And and that of course on those days my accuracy was lower.

You know I was. It was not a good day to be trading aggressively, but you know there I was trading really aggressively and that was not paying off. so I need to be careful about that in the year ahead. Uh, this is my equity curve.

Uh, I did go red on the year last year before recouping and going into the green. uh, pretty pretty steady. I mean, we had the huge game stop squeeze, then my biggest red day, and then after that, a good rally recovery, and then really, from March. Uh, just pretty steady.

I mean, obviously some months that were better than others, but just pretty steady. My biggest draw down versus my all-time highs in my account, 300 000? That was in February and then, uh, after that, my drawdowns have been, uh, smaller. So this was in December 53 000? That's not too bad. um, days and times.

So, uh, statistically not trading as well on Mondays And that was a little unusual for me. Uh, compared to previous years, Mondays have not, uh, historically been that bad for me. but they haven't been great, so you know, kind of interesting there. I think there is something to this psychologically, which is that I usually start the week, you know, thinking, okay, I've got a clean slate.

I'm going to start. Start small. Let's just kind of get comfortable. If I get Green Tuesday, I'm a little more aggressive.

Wednesday a little more aggressive Thursday a little more aggressive Friday We're going to the weekend. you know, pedal, foot off the pedal. Let's ease off. Let's just finish the week without messing up.

So this speaks to a little. You know, if we were on a if we traded seven days a week, the market was open Saturday and Sunday. Um, that there would be different. Probably psychology there.

But anyway, so so that's that. Uh, 2021. So back to 2021, So it's still fairly similar, but for whatever reason. I did peak on Wednesdays and then was pulling back Thursdays and Fridays, so kind of peaked at the middle of the week.

But you can also see my distribution of trades. I had the most trades on Wednesdays the least trades on Mondays, which is good if you saw that I had the most trades on Monday but was not producing profit. That would tell you that my accuracy on Mondays was is really low, which would not be great for the most part. trading most aggressively between pre-market seven until between nine and ten and then between ten and eleven and and even into the rest of the day generally not producing significant profits.

Also, not consistently trading in the afternoon. I would trade very selectively through the rest of the day, so that's that's a little bit. um, a little bit different. but if we look at like 20 2019, uh, 2019 through 2020.

you'll see it's fairly similar. I just used to have more discipline by not trading at all past 11 or 12. and in 2021 I started getting maybe a little, you know, overconfident and trading in the afternoon. not maybe what I should do.

so I've got to be a little bit more careful on that performance. By month of the year, January was the best game stop, February was still finished okay and then kind of averaging. you know, 300 000? maybe averaging around? If you took away this month and brought it down to 300 000, I would have finished the year at 3.5 You know ish. So that's about 300 000 a month.

which I would. I was kind of thinking about my 2022 goals. Feel free to share what your goals are. Um, I'm interested to see what people are at both for.

you know, your daily goal and your yearly goal. My daily goal is twenty thousand a day. Twenty thousand dollars a day. If you didn't have a single red day would be a five million dollar a year.

but that's not realistic. So I'm thinking at a minimum 200 000 times 12 would be 2.4 million. Uh, that would be a good minimum goal. A good target would be 300 000 a month for me, which would be closer to 3.6 So anywhere between 2.5 and 3.5 so call it three would be a phenomenal year.

Really good. If I could do better than I did this past year, I would be really proud of myself. I would like to do better than I did this last year, but I don't know if we'll have another game stop. and I attribute so much my two biggest, um, biggest winners.

So if we look at instrument, my two biggest winners were Game Stop and costs. these two stocks squeezing up at the same time. Both had obviously high short interest, but costs started at a lower price I think around like ten dollars and went all the way up to a hundred and fifty hundred sixty. Gamestop start a little higher, so it's a little expensive to begin with.

went up to 500 obviously as many already know. So you know that right? There is 800 000 almost between those two stocks. so you know if I took those two. But but it's not just those two, even, it's that that created a whole wave of sympathy.

momentum. uh, performance by price. You'll see that I really trade the very best between. I guess you could say two, and well, two and two and fifty.

I mean honestly, anything over two dollars I traded well, you know, 200 500? That was game Stop at its peak, 100 to 200. That was Gamestop and costs. You know this could have been game stop as well as it was moving up. So anything over two dollars, but even this is two dollars to five dollars.

So really, I trade traded better this year over five. um and traded more on those slightly higher priced stocks. which is interesting. Um, so you know I know some people.

Oh, and thanks Um Marco. He said his course is worth every penny. Thanks Marco! I appreciate that anyone else tuned in today who's a student, uh, appreciate your comments of what your experience is like in the class. It really is is helpful for people that are watching this.

You know later after the fact for them to be able to see what an actual student is. You know what their experience is like. So uh, what else do you guys want to know about? 2021? Um, we looked at days and times making the most early. Um, we looked at price and volume.

Uh, right Here we looked at the instrument. Uh, so my performance by the stocks relative volume. So I do the best on stocks that have five times higher average volume today. All right that this is very important right here.

And let's look at Gap and by movement. right? Gap in movement. So this is a really big deal if you don't know how to find stocks that are gapping. if you don't know how to find stocks that are moving, if you don't know how to identify a stock that has five times relative volume, what I would encourage you to do is register to this class because in this free class I will walk you through the criteria that I use to evaluate whether a stock has supply demand imbalance potential and whether or not I think it has the potential to make a big move.

Because as you can see, the bulk of my profits are on stocks that have high relative volume. high relative volume. It's the result of breaking news. How do you find stocks that have breaking news? There are stocks that have news.

you know? I mean there's news getting posted throughout the day, Every single day, every day of the year. Pretty much so. How do you know which news headlines are worth? You know, taking a trade on and which ones are just ignore, worth ignoring or which ones the stock's going to go down on? So this that was like my biggest turning point was being able to identify the stocks that were worth trading, identifying high quality setups. So if you don't know about that, I really encourage you to register to that workshop.

And I mean, of course if you already know it, but you're just looking, um, for more information about my strategy, you could just check out the strategy page if you want to register. you're welcome to do that. But uh, you know that that for me is probably the biggest secret. If there is a secret to my success or my strategy, it's relative volume and percentage gainers.

And the way I find them each day is by using the scanners which our pro students have access to. So you see these scanners right here. Um, these are the this is the software that I use to find these stocks that are moving and that software is um it's part of the being a warrior pro member you it's the same software that students use. So um let's see.

So we we looked at that biggest loser with Cpsh uh this is the one I lost. Uh, had the the big single trade loss on. had a couple other, you know, big losing stocks. It's um, not a bad idea to spend time looking at some of your biggest losers and ask yourself where did you go wrong on them Market behavior.

So generally speaking, my performance by the S P 500 movement is this is not statistically significant. The market performed well. last year I made money on days when it was up, I made money on days when it was down, but it had more up days and down days and it finished higher. So there's really nothing here that's just that's statistically significant win-loss expectation.

Again, this is my accuracy. That's the cumulative P L liquidity. Um, this is. um, so adding liquidity.

this is something that is a little bit more advanced, um, related to order routing. I don't think it's as significant for the the total profits. So those that's uh, my, my. sort of um P L in a nutshell for 2021.

Um, so let's see. so Ricardo What? I consider myself a workaholic. I really enjoy working. I really enjoy trading, so I try not to take too many days off.

I did take a five-day vacation last year during the week, so it took that was in October. It was the first vacation I'd taken since 2018. I came back really recharged. I underestimated how how good I would feel after that vacation, so I do think it's good to take some time off.

but it's hard because I really enjoy trading. It's it's it's very enjoyable for me. I I it's hard to get away from the computer. I really do enjoy it.

so that's something. Um, yeah, it's true. Uh, and and for what it's worth, I saw someone commenting about, um, the the cost of the classes and things like that. So if you're Alex of a pro student, if you're a current pro student, uh, and you're wanting to renew your membership, we have member loyalty where we give you um, it's about 50 discount on your renewals so you can continue to have access to your scanners, You continue to have access to the live low latency broadcast, you have access to the live trading archives, new classes as they get updated, and so that's at a discounted rate.

so you're not having to pay your full warrior Pro the cost that you paid to join year after year after year, you do it some places, but you don't with us. So we try to make it really easy for you guys and you know for what it's worth. Um, when I was developing this community I had a an option very early on to try to go really cheap and use sort of the cheapest tools and things like that and I did for for a while. I used cheaper third-party platforms for the for the chat room.

I used cheaper providers for the scanners or for the for the scanners but also for the trading simulator. I didn't use as expensive providers for hosting and you know what happened, we didn't have as good of performance, the scanners would go down, the simulator would go down, the website would crash, the chat room wouldn't would have like a ton of lag and it was very cl and and that doesn't give people a good experience. So I said all right well we need to and we this isn't working. I tried to do that that that path and it didn't work.

So then I said okay well then if we're going to get if we're going to spend the money on um, a development team. So I have a development team I've got right now. Uh, four developers. We have a fifth who's the lead and we're looking at possibly bringing on more.

So that's our current development team. That's five people that are 100 dedicated to developing and maintaining, updating and constantly on call Anytime we're running the chat room and the scanners to be able to respond if something happens. I spent over 2 million dollars in market data and license fees last year for our students so they could have access to real-time market data and use better better software. So you know all of that costs money and you know it's not to say that you can't learn the way I learned, which is just kind of doing it on a budget and testing things out trial and error.

But I can also tell you there's no guarantee that's going to work. there's no guarantee being a student works, but I think that there's value in surrounding yourself with the type of people that are dedicated and committed to trading that take this seriously. We run a very professional community. It's not like Wall Street bets, it's not.

You know, Uh, there's We don't allow swearing. We try to keep it very professional because the people coming to work each day to trade they're doing. this is their job. This is a business.

They take it very seriously and we want to be the best resource for them. A tool, Really? So that's a tool both in the form of the actual Um software, uh, the market data, but also in terms of continuing education and daily mentoring and things like that. So you know it's just something you have to be Um thinking about and the choice is yours if you'd love to learn. If you like the way I teach and you want to learn from me, we'd love to have you.

It's not going to be for everyone and that's I'm okay with that, but I would rather for the people that decide to be part of our community, I'd rather for them to have a phenomenal experience. You know, if you're going to spend the money, you want to have a great experience. So we do that. And so that means us investing in higher quality infrastructure, spending the money on all of that.

And yeah, do you guys pay for it? Absolutely. As a student, you do pay for it and you're getting what you pay for. So you know again. um it's it's totally your choice.

but that's just my my two cents on the cost factor. You know we we do. We do as much as we can for you guys to give you a great experience. All right.

So uh, with that, it's um, about 10 a.m here. So um, thank you guys, uh for tuning in today. I hope you've uh, enjoyed this broadcast again. Hit the thumbs up! If you haven't already, we'll have some recommended videos of other ones you guys should check out.

I'll remind you as always that trading is risky. My results are not typical and we don't track the typical result of our students. As a provider of education and tools, we don't have access to our students' broker statements. So uh, at this point we would just tell you that trading is risky.

Across the board, your odds of success are low as a trader. Whether you're a student or not, your odds of success are low. So be very cautious at how you approach this and don't trade money you can't afford to lose. If you do want to learn more, I'm happy to teach you and provide you education and I will be seeing you guys again soon.

I'll keep you posted on the schedule for the Morning show for those that like to tune in for that. The first couple weeks of the year we've been focusing on giving our students a really great experience and that's been a really good start. But I do want to give folks on Youtube some attention as well so I haven't forgotten about you. So uh, I will keep you posted on the the Morning Show schedule and um, I might have.

Um, I might see if I can find one of my um, one of my students who has gotten their profitability badge and is uh, doing well. Maybe I'll have them, uh, be a substitute teacher for a couple uh, days here and there on the Youtube channel. Those uh, who took the the poll here? Uh, thank you for doing that. We asked what's your biggest focus this year? Strategy development.

Cutting losses, faster improving accuracy, holding winner winning trades longer. It was pretty split right down. I mean, it was across the board, pretty even, but a little bit of a lean towards strategy development and learning which is good and nice to see. So uh, we're We're happy to help you in your endeavor on that front.

and uh, with that, I'll let you guys, uh, go make sure you check out the strategy page if you haven't already register the free class we teach these. This is going to be a replay of the most recent workshop that I taught and we do it daily during the time that it's being broadcast daily. My support staff will be in live able to answer questions for you so giving you guys a great experience. So bring some questions to the class if you have some.

And if you decide to become a student I'd be of course honored to teach you and thrilled to have you part of the community. So hopefully we'll see you guys soon and you'll see me back in my office. uh this week! So uh, this scenery is uh, this is the the last day of it for me. I've enjoyed uh, the long weekend.

Uh, but it'll be back in the saddle so we'll see you guys in the chat room. All right, I'll put up my disclaimer here again and thank you guys for tuning in today 2021 year in review. What a year! But of course my results are not typical. This broadcast was for educational purposes only.

I hope you found it interesting. But reminder As always, trading is risky. You should not trade money you can't afford to lose. Trading is especially risky for those with limited resources, so I would encourage you to use caution and trade in the simulator before you put real money on the line.

Thanks again everyone I'll see you guys real soon!.