Bad red day...

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DISCLAIMER: I am not a licensed financial professional. These videos are for entertainment purposes only. Investing of any kind involves risk. Your investment decisions are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion in this video.
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I was up 800 bucks, my internet disconnected and I didn't have a mobile app downloaded since I never use it, and I log back in and im down 1200.

horrible day for me and out of my control. shit is tragic.

yaboy
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I've been focusing on always having a level to risk off of. A level in which if it breaks I know my idea is wrong. I risk off of the same levels you use. I struggle to click the botton and accept my lose so now I put a stop loss in so it's completely out of my hands. It takes the decision making out of it.

extremelyjosh
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Appreciate the transparency man. Not sure if you pay attention to volume, but it can be helpful to determine whether a move's likely to have follow through. The first 2 min candle had pretty high buy vol, and then the candle you entered on and subsequent red candles had lower volume relative to the green candles surrounding it.

heinz
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I got chopped on NVDA today too!!! Opened above vwap so I went long almost immediately. Added into my long position on the 3rd 1min candle. Thought there was going to be momentum follow-through after that move but that 4th 1min candle rug pulled TF out of me instantly. Impatience and a bit of fomo got me today. We live to trade another day! 💪🏼

tomorrowsmidnight
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Sorry Matt, been there done that!! 1) I don't trade the first 15 min. of the day. # 2) I follow Price Action 1st, Technical 2nd, Confirmation overall mkt. 3rd. When I stick to this I am 99 percent successful! "The will must be stronger than the skill" ---- Muhammad Ali

melb
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Play the chart and price action. Its ok to THINK but dont lay down your money on what you think. lol.... I was green and made a days pay but nothing special.

Bobster
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This is why I don’t trade on OPEX week, I can’t stand the price action

MonetKC
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Matt, these are truly educational videos. So many golden nuggets in each of your videos!!

je
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I lost everything because the system that we in is all about corporate greed. I seen many opportunities but they don’t come often at all now and days. I rather work and saved for now

alexhernandez
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still clawing back at the 8k loss i took two weeks ago. absolutely stupid of me.

ruggiero
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Trading is sucks
The moment you entry everything go against you the market build to destroy you

asadmali
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Today was rough.😢 Saw on the 30 min it was going to be an accumulation day so I was prepared to buy low and sell high. The entire day look nasty, sideways market day.

JamaicanDayTrader
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Yep not easy today, glad i closed b/e

Darionix
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That hurts. When the market is down( yesterday ) I sell covered puts on TQQQ for premium( with a 20 Delta), with a one week strike. If all goes well I keep the premium and the put expires worthless. If forced to buy I'll sell a covered call( again on a weekly) at the previous strike price. If my calculations are correct it will generate about 2k in income.

donkndave
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Choppy day for sure. Gets the best of us.. :)

ablemad