all right what is going on everybody hope you guys are having the best day of your entire life in this video I want to break down how I made $3,852 in just one day of trading now you might look at this and you might be like hey man like that's a lot of money how much did you risk uh my risk initially was about $3,000 or $4,000 on the day then I made a little bit of money then I risk that money to make more then I risk that money to make more so initially I was like you can say I made $1 14,000 almost Dollar by risking about3 4,000 which is pretty good anyway um so I post you this on my Instagram if you're not following me on my Instagram you missing out uh you can literally read the comments there's about I think 113 115 comments of my students just um they're watching this stuff on live and you know you know you know um anyway let's get to the sauce shall we shall we let's do this I'm excited cuz um this video is going to be a little bit long I Tred to keep it as short as possible but if it is bit long um I have no idea how long it going to be but you will know it because you'll be able to see the bottom on the bottom um what's it called timeline yeah anyway let's get to you yo um the first trade that I took before we even talk about trading you know what I want to talk about 200 simple moving average all right so 200 SMA what is 200 SMA 200 simple moving average now I'll show you how how to actually set up on your charts and everything um now there's a reason why 200 simple moving average works so well that basically means 200 last candles past 200 candles depending on whatever time frame you are on past 200 candles they make a sum of all those 200 candles um and the average of those 200 um candles the average gets plotted on your charts I'll show you how to actually add as a indicator as well that's what 200 simple moving average means just the 200 candles and the and the average of that okay um and depending on whatever time frame you can be on 2-minute chart 5 minute chart 10 minute chart 1 hour chart daily weekly 4 hourly whichever time frame you are on 200 simple moving average will be one of the biggest resistance or support point now support basically means price going down it will actually get act as support price going up it act as resistance okay now let's get to the source let me show you how to actually add this on your indicators so to add this on your indicators you need to go on indicators and search moving average just search moving average okay the moment you search moving average it'll come up as moving average simple right here moving average simple Okay click on this moving average simple it will be on your charts as a blue line see this blue line then go here change it to 200 Android um and whatever you want to you know Source keep it close um all this keep it exactly the same nothing but you need to go to style you can see 200 automatically got plotted over this dotted line that I already had on my charts look at this um you see it went down but the moment it goes 200 it gets plotted on the 200 moving average line that I have on my charts need to go to the style change the color I like orange and I also like it as circles as you can see circles okay make sure everything else is off visibility keep everything on and that's how you set up 200 simple moving average and now because I already have it on my charts I'll just delete it um so let's talk about 200 simple moving average in further detail for example here you can see price is broke above 200 simple moving average and then it came back retested this became now you might be like br but it broke above no I do not use there different time frames that I use for trading I used 2 minute chart for first um from 9:30 eastern time to 10: Eastern time I Ed 5 minute chart for 10 to 11: Eastern time and then I used 10-minute chart after that now because this is 10-minute chart after 11:00 this is where 11:00 is after that this became resistance because we started watching this particular time frame Al for 11 and it became a resist um it became a nice support right here on a 5 minute chart this price is broke below sweet now it not always going to be like oh it always going to be like something um you're going to bounce or reject of this no this is something to guide you and again no strategy works 100% of the time there's going to be a time when it just doesn't work like for example it broke below retested made a nice move lower um or another example would be it was retest um it was rejecting of this price over and over again or um look at this nice sexy bounce right and um this reject reject reject reject how many times reject so 200 simple moving average is important I like to watch this on my charts depending on whatever time frame I'm on so as I said I was on a 2minute chart initially at the market open and 200 simple moving average was sitting right at the top price got rejected now prices are going down the first trade of the day that I took let's talk about it right the first trade that I took was as soon as the market opened I saw prices getting rejected of the 200 simple moving average but I didn't take the trade this is not a confirmation by itself all right now these yellow lines are the hourly hourly levels that I make on hourly chart in the pre-market and I send those um levels in my chair every single day like every single day these are my levels exactly and then I also make a video breaking down exactly how I actually came up with these levels where these levels are coming from um and also they my students can see my screen in the real time while I'm trading and all sort of stuff all right so anyway so I was watching this and price broke below the 600 and price started going down I was like okay this is a pre-market lo you know I need to wait for a pullback I didn't enter no entry yet I need to wait for a pullback price is broke below 600 I'm waiting for a pullback and I like to keep my trading super freaking simple because simple stuff works and then it made a pullback and I was looking at this pull I'm like oh my God this looks really really good and then I sent um I said spy below 5988 can really go nice spow 590 So the plan was just a break off this flag trading meant to be simple yo flag break of this flag I'll jump in break of this flag I'll jump in towards puts my first profit Target is going to be this yellow line on my charts and as the price starts moving in my favor I'll keep taking some profits okay now that was my first trade boom you see what I'm saying this is my first trade of the day now this was about 50% um beautiful beautiful beautiful trade trading zero days to expiration contract really really really pay and I don't know if you know but I think you know I don't know if you've been following me on my Instagram for a long time or um you just started following me recently but let me show you something let me show you magic all right hang on give me one second now because I love trading Zero D to expression so much I had to buy a Lambo just to put a zero DT plate on it so I love trading zero to expiration so if you're like oh do you trade zero to expiration yes I do because I love it so much I was raing Z days to expiration and this made a nice nice nice move down and I got paid about 50% was beautiful now at the same time while I was doing this I was also now spy here's the thing spy and SPX they are like interl with each other okay spy and SPX SPX is S&P 500 spy is a ETF um they are linked to each other very very closely okay so if spy SP SPX bounces spy is going to bounce because that's how the game works um anyway when I was watching this SPX chart you know what I realized I realized the prices are on 200 simple moving average on SPX so that became my profit taking as I said 200 simple moving average now that became my profit taking but when I saw a bounce I got out of spy boom I'm out but then I saw Price's bounce off this and this is $6,000 Mark I was like oh this is nice clearly price is that bouncing but there are going to be some chances that if broke beloy can retested the 6,000 and keeps on going lower I didn't want to be jumping in calls um putting a stop loss right here and just get you know stopped out right away um but but what I did was which is absolutely beautiful what I did was while I was watching this I like you know what if it breaks above little bit above 6,000 I'll jump in so in my brain I'm like okay if it goes now I'm out of put on on spy already so I'm like okay if it price gets above the 601 I'll go in calls and my profit taken would be like just this we up or can be high of the day whatever um anyway I saw this price has got above 601 I jumped in now you might be like where's your stop loss uh my stop loss was simple simp bro simple trading man no no nothing complicated just below 200 moving average this is my first profit Target of um the vup vops the white line these are my set things of V up by the way make sure this is hlc 3 nothing else okay um and the prices went something like I took some profits beautiful um I think I had like five contracts initially I took three off and then went this is my new profit taking and I I think I took another um I think I took two off I don't know something I did I managed this trade well um my entry was about 550 on the contracts I think on at the end towards the end after a whole move um I exited about $8 to $20 something it made a nice move it went up 6050 but as I said after 10:00 I watched 5 minute charts so on a 5 minute chart 6050 is the level I entered at 61 that's $49 move you see what I'm saying so I was up nicely nicely anyway um towards the end I think I don't know exactly um my last contract where I took profit but it was a very very nice move again um next profit taking became 650 and then 200 simple moving average on a 5 minute chart and this is how roughly the trade went beautiful beautiful move right 200 simple moving average yo simple um anyway this is spy similar stuff that I did on qqqs as well um initially when I was in spy I also did qqq's as you can see qqq's below 52.95 for puts and that's exactly what I did same similar setup just forming a flag jumped in puts it didn't pay well I think it was like 15 20% whatever it didn't pay as well as spy because the candles but regardless when I jumped out of spy this was next move to jump out of because qqq's and spy they kind of intell link with each other but if one Reas one gives you a reason to jump out you jump out fully um anyway anyway then my next trade was Amazon same same stuff yo Amazon making alltime highs and here's the thing about alltime highs when it's say alltime highs that means there is no resistance points that can stop the price there's nothing that we know of that means the prices will actually follow um every $1 move on the charts because everybody likes or like 237 everybody likes 238 but likes 239 240 you will not meet somebody who be like oh prices of Amazon can go up to 237 n 17 no they'll be like oh price can get to 238 239 because it there's no resistance everybody just watching whole numbers so I was looking at this um and I was like okay 237 looks pretty good let's see if it can break above um had a little pullback again a little flag little pullback um I jumped in now this is 956 I jumped in small size but there was 10:00 there was a news coming out I think there was consumer confidence numbers coming out 10:00 consumer confidence numbers so there a small size didn't want to do big size just in case if spy QQ is reject big um I will actually be in a loss but then as soon as 10:00 hit I had to jump on a 5 minute chart anyway again simple stuff yo a flag forming as soon as 10:00 hit I added and this is the same you might be like yeah I'm talking crap no I'm not Amazon decent watching 237.55 calls exactly what I did 23 237.55 as soon as it broke above I jumped in calls again and this is a beautiful move I um initially 230 238 became profit Target 239 became a profit Target 240 became a profit Target um slowly and slowly kept taking out it was a beautiful trade again right it was this trade was like 40 50% uh 40 50% yeah and then came to spy then turned over to spy now you could understand these trades are 5 minute candles every candle is taking 5 minutes to take place it's a long long long time right and that's where patience comes in and um I don't know if you can see but the behind me there's a let me see the behind me that one patience pays the patient hand that Waits patiently to be paid you see what I'm saying so I was looking at this I'm like you know what Spy could be nice but at the same time I didn't want to risk too big on this trade I still did decent position size I didn't want to risk too big on this trade because I roughly entered in calls roughly here again simple structure breakoff break of this little consolidation Simple Plan I didn't enter too big because SPX at the time had 200 simple moving average sitting at the top but I was also a little bit biased because I was already in a long trade on SPX a little bit biased hopefully breaks but I did this spy calls again and did this buy Above 60 62.6 for calls 6 62.6 for calls I did this caught this trade towards the upside this was not a very big POS uh very big um Money Trade It was still about 30% trade um but this is how roughly it went made decent profits it kept um when it when it pushed up and we took profits and then it turned around really quick when it turned around and I saw SPX where it's getting rejected I was like oh it's getting rejected off the 200 simple moving average but that little move that you see on spy this little move on zero days to expiration there's like a $1 move almost paid about 30% which is not bad now another question that I get asked all the time is what option contracts do you choose I always choose at the money contracts like for example you can you can see here spy above 62.6 for 6 or three calls you can do z z DT or you can do one day expiration um Amazon decent watching 237 break for calls I'm always doing both at the money at the money means if the prices are at 5988 I'll do 599 calls just the one above the price all right that's how I trade that these are the option contracts but again again if you only take one thing away from this video I want it to be 200 simple moving average if you want to take two things away from this video is keep it simple it's literally so freaking important to keep things simple people don't keep it simple and they over complicate and when you over complicate it it's just the game doesn't work that way you got to keep it super super simple if you can learn how to keep it simple like my system is super simple if you can learn how to keep it simple yo these can be your profits look at this he made $2,300 $976 742 um 2K uh 2.6% 200 every single small account big account whatever it is 300 9,000 394 641 3,000 847 it's just about um a 100 bucks 500 bucks what is it 785 1,000 3,200 it's the game is simple if you are able to keep it simple and that's what exactly I teach my students all the time is keep it keep it simple and now you might be like bro why um your students Oro you selling a mentorship bro you can watch my YouTube content and actually get yourself to the next level cool um but if you want my help I can help but I'm not saying that you have to join bro you do what you want to do right um but my YouTube's good but if you want to level up faster actually have a mentor keep you accountable um there will be a link somewhere here you can click the link there somewhere around here there'll be a link um click the link submit your application I'll send you a message if you get approved or if you have any questions and uh I can get you to the next level all right let's freaking do this subscribe to the channel comment let me know if you like these breakdown videos and I'll talk to you soon all right let's I can go