In this video I Want to share with you my traits on a rather special day the day when I was up fifteen thousand dollars at one point. but then I totally messed up not just once, but twice to eventually give back basically everything all the profits on the day. Oh I'm not gonna lie I'm still a little bit upset the same way I felt when my ex-husband took half of my bank account I Understand that the profits and losses might be the exciting part however I hope you guys can benefit from these key lessons from this video which are my Gap Up Long strategy on Nvidia Stock after Earnings how I Analyzed the earnings results and planned for this trade. The big mistakes I made on this trading day that resulted in losing fifteen thousand dollars Don't forget to smash the like button if you want to see more trading videos like this.

and as always you should take notes and ask me any questions you have in the comment section below. Now let's get started. The first trade we want to focus on is a video. We are talking about this particular day over here, which is the third day after the earnings report if you recall from Nvidia earnings.

CEO Talked a lot about the buzzword AI I Believe The word artificial intelligence was used over 100 times during the conference call, but they had some solid growth in all the sectors year over year and their guidance for the next quarter I think I believe was like 30 to 50 growth depending on different sector. So that's why the stock gapped up Huge. We're talking about from 300 to the next day to over 380. And the reason we need to understand why Nvidia Stock in particular had so much momentum and so much Gap up is so we can trade it accordingly with the right strategies.

If you recall from a lot of my YouTube videos I trade a lot of these overnight Gap UPS or even Gap downs. And on this particular day we're talking about huge gap down from Priorities close of 389 so you can see 389 down here. this is the prior days close all the way to the next day over 400 hundred dollars over 409 to 420s. and for NVIDIA the biggest key level I'm looking at is this pre-mica highs of 408, that's gonna be the key level.

Remember that for later on in the video when break down the strategy and remember in the stock market a rising tide lifts all boats so you can see a lot of other stocks that in the similar artificial intelligence sector where they're kind of involved in that business also gapped up with Nvidia A good example is Palantir. this is also one I traded later on I'll show you um stock also gapped up with a video um Priorities closed 1380s, got over the way to 1480s and went to 15 on that day. I'm also gonna show you my trade on this one I actually lost on this trade. One more is AMD This is probably the one that investors are thinking is the closest thing to Nvidia Um, it's trading only at over a hundred dollars so you can see this thing also gapped up huge 130s overnight from priorities close to 127 with Nvidia I've made several videos on how to find the right kind of stocks to trade.

If you want to learn more in depth about my daily trade planning process, then comments pre-market down below and I'll reply you and send you a video on my 5 AM morning routine. Now back to Nvidia Here with a key level 409 this is where I would go and join the trend because remember it's at an old time high so once again if the stock is able to break above pre-market highs which is this 409 for tens Mark then has upside to 420s and I want to join the trend or even buy the breakout to go long. The second option is with such a huge gap up a lot of times you see profit taking on the Gap up. so if the stock profit takes and sells off I want to go long around the pre-market support area around 400.

that will be the area where I'll dip by will go long on the reversal move. Okay so this is about seven minutes into the market open at 9 37. you can see that I only realized eight thousand five hundred dollars on the day because I had the swing trade over the weekend I believe this was a Monday at the swing trade over the weekend and I sold them into the pre-market Highs at around this is what 403s so that's a nice little profit to wake up on the day. I don't swing trade that much anymore, but when I see a very good opportunity is where all the technicals and the fundamentals and the sector hype in this case lines up.

then I will take the swing trade. Sometimes I'll even swing it for multiple days or multiple weeks. And since artificial intelligence is a hype sector right now, that's where I'm more bullish. Alright, so back to the recording and now you can see I'm watching an AMD on the bottom here.

Amd's a stock earlier where I said that um, it's all gapped up with Nvidia So it's a follower of the hype. um, video will be considered a leader of the pack and AMD will be one of the followers. So you can see me trying to buy the dip at 128 on AMD starter with a thousand shares and that's it. So my goal is I want to see this dip to start holding up for a reversal but if it keeps on making lower lows then I want to cut my losses and move on at the same time.

You can see I also got in on Nvidia 500 shares at one uh 408. And the idea is that if it gets over that 409 for 10 key level I want to add into it and join the breakout and join the trend to the upside so you can see a video on the top is testing for oh nice and AMD at the bottom is also struggling to hold that 128 mark. And my style of trading is if I get into a starter I would just sit here and watch how it reacts and depending on the price action, I'll add into the position or I'll get out for a loss on the starter size so you can see at the bottom. A and D definitely looks a lot weaker than Nvidia.

Nvidia is breaking through the higher day right now or at least testing that pre-market highs AMD is just very, very weak. So fast forward now you can see 409 starts being tested right now on Nvidia It's very interesting because the leader of the pack is extremely strong as it should be. but AMD and I believe at a time palantir they were extremely weak. So I'm still have my original positions a thousand shares AMD 500 on Nvidia so I haven't added into anything yet.

you can see on Nvidia it's testing that 409 I'm looking to add into that Um, because that's the confirmation we talked about earlier during the trade planning process. so you can see I'm trying to add 500 shares to a video now I have a thousand shares with an average of 408.79 and note I did not add into AMD because I don't like the fact that it's not following the leader of the pack. so great Nvidia is working out for tens AMD It seems like if you look at the price uh, what the candles down here it seems like it's consolidating that 108 so we'll see I Want to let it prove to me that it deserves to be added I Want to see it right before I add so I think that's a concept A lot of new Traders and a lot of Traders who's struggling they don't understand is that they add to losers. so in this scenario they'll be added into AMD and not add into Nvidia.

If you want to succeed as a Trader, you should do the opposite. You want to add into winners like Nvidia right now that's breaking through highs and extremely strong and you want to avoid adding into the loser which is AMD AMD is starting to bounce a little bit which is good, but it still hasn't shown me the strength I Want to see I want to see the stock above V web so if you look at this AMD chart so view up right now on AMD is 129.40s So essentially I want to see a stock get over that level, consolidate, and add into it. Until then, I'm not adding um, but Nvidia has already confirmed over the pre-mark highs of four tens and now we're testing for 11s. You can see I'm realized I'm up about 2600 on Nvidia and only about like ten dollars on AMD Nvidia Crazy Action testing for 4 12s and you can see at the very bottom AMD is doing the opposite direction.

Remember, add into winners, don't add into losers. If anything, I should be getting out of AMD right now so you can see I just stopped off AMD at 127.60s this is my starter I never add into it so I just cut it. it's not working. Don't don't like try to make it work.

Okay, you cannot fight the stock to make it go your way so you can see I sold a little bit 300 shares four twelves into a video so I locked in additional about a thousand dollars. I'm up about 8 500 on the day and that's after the loss on AMD. So I'm really trying to let the stock work. in this case, a winner is NVIDIA at four twelves but I really want to see if it's going to test that? 4 18 420 is Mark that'll be my ultimate price Target You can see the big difference here.

Nvidia leader of AI Extremely strong AMD While it's in also part of the hype sector, it just barely bouncing at all so you know it could be you know there's too too much overnight. Gap It could be profit taking all those things are possible I'm sure, but it doesn't matter. You want to make sure if you're wrong, just get out. Okay, if you look at how long you're staying in the stocks, in the trades you're taking, you want to be staying in the winners at least three times longer than your losers.

So no regrets on AMD I Lost I Cut it. I'm really glad I did because you can see it's going even lower right now and in a grand scheme of things, a thousand dollars lost isn't that bad for me at all on AMD So fast forward a little bit. Nvidia is at 4 14. that's a huge move you can see down there.

I'm still holding the five 700 shares I'm realized three thousand dollars if I just realized it. I'll be up like eleven thousand dollars on the day. but I'm trying to let a trade work. There's also a fine line between letting your winners work versus taking profit on the way up.

So in this scenario, you're gonna see soon. Um, I ended up being too patient on the trade so you can see while I'm letting Nvidia on the top work still holding 700 shares. I'm looking at Palantir, which you know, remember that key level for me is 1480s. The stock never tested that just yet.

but I want to see? It does look like it's reclaiming the web and trying to go higher. Oh, fast forward here you can see AMD going from green to Red had I kept holding that 1000 shares I'll be down I think three thousand dollars on AMD So remember you want to get to that point where you're really good at risk management and you feel good about cutting your losers I lost a thousand dollars on AMD it sucks but I could have lost even more if I don't stop out right? You want to start thinking about your trade management and risk management this way. Fast forward a little bit more. I'm still watching Nvidia letting it work.

You can see it's testing a higher day 415s once again I'm up forty seven hundred dollars. almost five grand. Oh and my dumbass still didn't take the profit. Oh my.

God So yeah, if I realize this would be a nice what 14k on the day, 13k on the day? it doesn't matter at this point and patent here you can see it's on the top here. testing that key level 1480s and definitely eyeing that for a long. I think we're palantir I was a little bit more conservative and you're gonna see in the share sizes I take Etc because if you look at a daily chart this thing has been up for multiple days which is very different from Nvidia in which Nvidia had a catalyst. It's been up for the third day, but it's not like Palantir where it came from I think like 11 or 12 dollars You can see it came from single digits just about two weeks ago and since then it's a multiple breakout days.

So to me it just seems a little bit extended. So that's the reason. I was a little bit more conservative with Palantir and Nvidia is written 417 I'm up I'm realized six thousand dollars on the day. but once again, spoilers.

I'm about to lose all that Nvidia profit. So I took a starter on Palantir. At 1480s, you can see I only have 500 shares. This is a very, very small starter um, Palantir because once again, I think it's a little bit too extended.

so I want to play it conservatively? You can see Nvidia we're reaching 418s I Really? Should you know? take some profit? You can see I'm ahead of sale of 300 shares at 420s. Um, but uh, you know, really sure it's just taking somewhere 4 18. you can see below. Nvidia's testing at 419s right now for 1890s 419s right now.

so we're literally like 70 cents away from 420.. And around that 419's Mark it's where you see it hit a wall. What that means in trading is that you see that it breaks out through that 419 Force per second. You can see right here it printed through that 419.

that's a huge short squeeze as well. You can see it printed through a 419 for a split second. It went as high to four 1920s and after that, you're gonna see it rejected hard into that breakout. so I was too slow I should have sold into that 419s or even sell something to 418s.

but um, you can see a horse rejection 419 and right back down to 417. So this is a kind of price action that you need to start noticing. and it wasn't really necessarily looking at level two or the tape. but I'm looking at the Kindle set price action.

so I'm glad I sold some at 418 or something like that and so 300 shares. So um I have about 500 shares left at 408 and you can see I locked in 11 000 Nvidia and like if I locked it in I'll be up 15 000 on the day you can see. Once that 419 rejected hard, we're having trouble holding the previous breakout levels at 4 16 for 17. I'm going video and this is what you need to know about trading.

These sector moves Nvidia being a leader in this AI overnight Gap up once it starts tanking which is starting to do right now. It's gonna take down all the followers with it. So we're talking about AMD AI the stock AI palantir as well. So that's a huge rejection.

so I think I was definitely too patient on this final position. 48408 I I really should have just locked it in. So fast forward to pattern tier. you can see it's breaking down that 1480s Mark But the good thing is I only have 500 shares.

very very small starter size and patentier. So um so if that happens I'm gonna sell it Nvidia Um, you can see big pullback to underneath that for 12s. You know you don't see me placing a stop in the market for break even in hindsight I really wish I did. uh but once again, everything is clear in hindsight, especially in trading.

So yeah, you can see it's breaking down for oh four tens, not the web area. So I went from being unrealized up I think that four or five grand. So now only being up a thousand dollars so as you can see us, Nvidia is kind of selling off and that's also dragging down another stock such as Palantir because this is a follower right? So you can see I'm down about 20 cents on the stock from 1480s down to 1460s. so definitely not liking this action.

Yeah, it's really weak so I'm just you can see I just click bid and try to get out and I got out for a 30 Cent loss at 1450s so it lost about 124 dollars on palantir. On the long now, my focus is just on Nvidia Once again I have no regrets on taking the Palantir and AMD trade and I lost on both of them. But I have no regrets because I had starters in and then I when it doesn't work I just get out right away I didn't add to the loser I didn't try to make it work or say stuff like oh, it has to, It has to go my way. It has to bounce a V-wap or at the lower day.

No this, the stock really doesn't have to bounce now. I Just wish I practiced the same discipline on a stock like Nvidia and uh, set the stop at this break. even if you're enjoying the video so far and you appreciate the transparency with the profits, the losses, and the stupid mistakes I'm making, please remember to drop a like down below I Really appreciate it so. fast forward here: the stock is staying very heavy below V-wap over here you can see it's testing that for nice trying to bounce I'm still holding at 500 shares holding on to the Hope hoping that the stock will go back up.

um but yeah is not a strategy so yeah you can see it's going red now on Nvidia and you can see I'm trying to stop out I think I really should have used um a market stop just to stop me out all together so I didn't have to like I wouldn't need to like manually click and stop out but again I'm not gonna lie I'm getting a little frustrated watching this I was up fifteen thousand now I'm down like negative. A thousand dollars on this trade and you can see I got out at 407. so I lost like I'm realized 500 so yeah, started giving back some profits on this trade I'm gonna video um so I realized about ten thousand dollars on this trade so far but spoilers it became a lot less later on. So I want to fast forward a little bit to talk about the secondary trades I took so you can see I Stopped out here earlier at around like 407 I got back in long and added over four elevens on Nvidia which is you know in hindsight a decent entry.

but my mistake is that you're gonna see once again I clearly did not learn from my previous mistake. So I have a 800 shares at 410 average which is pretty decent. um considering that the stock went all the way back down. but my goal on Nvidia is to sell into the breakout um into that for 14 for 16s.

So fast forward you can see it's breaking out now testing at 4 14s. I'm up. you know, nice little like twenty five hundred dollars on the day. um so in a way you know this is my second chance to make this trade work.

but uh, spoilers again I'm about to make the same mistake. so fast forwarding here you can see, um, it's rejecting that 4 14s and having trouble with 413's area here. I'm trying to be patient and let both of these trades work, but once again, there's a balance between being patient and letting your winners work out and remembering to sell into the breakout and take profit. In this scenario I really didn't do the take profit part properly.

So fast forward now you can see I went red on AMD trade and uh, you know Nvidia I went red as well. So I stopped out of AMD gave back another thousand dollars in the video I believe I'm about to give back some more profits as well I think psychologically I was definitely affected I was up fifteen thousand and now I only have eight thousand dollars left. Okay, fast forward now you can see it's breaking down that V-wap once again. Um, and that's where I stopped out.

So so yeah. so I was up fifteen thousand dollars and now I'm basically down to like 7 800. dollars so not gonna lies. Pretty frustrating.

So as you can see, I'm ending a day with around 65 or 6700 realized gains now I know myself really well. is that if I was up really nicely on a day and I started giving back um I start Revenge trading and trying to make back those profits and trying to go back to that fifteen thousand dollars. Mark So I was self-aware enough to stop trading on a day? Yes, I know it sucks. it could have been a fifteen thousand dollars day that was more than what my two months paycheck when I was in my nine to seven job.

But you have to think about the bright side: I Still realized six thousand, five hundred dollars on the day. That's still amazing for one day's work. So instead of trying to go back and make back those losses and you know, try to go back from six thousand to fifteen thousand. I Just stopped and I Wanna make sure I come I'm stay composed and stay calm and be able to trade again another day.

That's a really important lesson I hope you learned from my mistakes today. Traders And especially beginners, they always focus on finding a strategy to try to make profits as soon as possible, but they fail to learn risk management and learning to protect their profits so they'll make some quick money and lose it all even faster. And by no means am I saying I'm perfect. You can see from the video earlier I certainly gave back more than I had wanted from fifteen thousand dollars down to ten thousand down to nine eight and then six.

and yes, I was definitely frustrated I still am watching this video today. but remember as Traders our goal is not to trade and profit for just today for one day, but to stay profitable in the long term. So if it means making only six thousand dollars today and I'll live to survive and trade another day and many more months and years to come, yes I will take it. So hopefully you'll learn from a deadly and costly mistakes today.

Remember Number one: always let your winners run and cut your losers fast. Number two: there's a balance between letting your witness run and taking profit. You want to make sure you're locking in profits on the way up and use trailing, stop or in the money stops if necessary. Number three: Yes, it sucks to be giving back profits, but you should realize that when you are starting to trade emotionally or over trading and stop yourself and end Green on the day doesn't matter whether six thousand or a hundred dollars, you want to make sure you're living to trade another day instead of Revenge trading and going worse, going from green to red and lose money, you can check out my live trading video playlist over there for more detailed trade analysis and price action commentaries.

And if you're interested in learning more about how I trade and my trading strategies, you can check out The Humble Trader Community down below. Thank you guys so much for watching As always, I'm the Humble Trader and I'll see you guys next time.