The majority of my day trading takes place in Walmart parking lots, traveling trading stations, and camper vans.
You can see it on the internet as well. I made another video with a side-by-side comparison of the internet. However, my son and I are on a boys’ trip. Traders with Starlink this morning made about $1,500 from trading in the morning, so I said, “Let’s try to get an hour of trading every morning.” And so we did. Do you think we need a lot of money for this trip?
The plumpest of them all.
One that is full and plump. A good amount of money is needed for this trip. It’s not bad to get $1,500. I will summarize the trade I made for you. We’ll get to it soon. I have included a PDF file that includes a list of everything I use for my trading station on the road, my internet connection, and my redundancies. A backup is also available. I also trade based on a strategy.
When you’re trading on the move and at your traveling trading station, you should adapt your strategy. You guys should check it out. Now, let’s take a look at how my trades went this morning. Okay. Let’s see the screen on the computer.
We’re here on the computer. Here’s a stock you might be interested in: USEA, USEA. This is interesting, because it turns out it’s a spinoff from one of the shipping stocks we traded a few years ago. We had this crazy surge in shipping stock names, for those of you who remember. DRYS, EC, and ship were among the companies we had. On this ship, I believe there is also a spinoff. In the past, we had DCIX. They went totally bonkers since there were so many of them.
A spinoff is being done on this stock. Therefore, it opts to go public under a new name. Yesterday, it shows that the first print was under 80 cents there. Just under $5, it went all the way to $5. However, there were only 250,000 shares traded yesterday due to very late volume. I missed a move this morning, and it went from 5,50 to 4,50 this morning. Around 7:20 a.m., it happened.
This is where I was sitting. I am in the parking lot of Walmart. Despite getting here pretty early, I had a hard time setting up the internet and setting up my trading station. Anyhow, I missed this move at 7:45. I wasn’t looking at the charts yet, but I had my computer on. A total of $7,80 is charged for the item. I then withdraw it and trade it in the area. It was fixed by me. In the end, I had to give back about half of my gains.
I had a profit of about $3,000 that day. After that, I’m going to finish at 1,400, 1,500. As I said, it’s a good day. Yes, of course. This window needs to be moved up. My P&L will be shown to you guys. My total gain on this stock is just 9.48. However, this is the stuff of traveling trading stations. That’s 14, $1,500 that pays the bills.
Let me show you where I made a mistake. However, this is my first entry in this area. The price squeezed down to 7,20. The item has been sold out. Sorry for the inconvenience. We came up to 7,20, but nothing happened, we fell down. It goes to 7,45 when I get back into it. We’re going to retest the higher level if it breaks this level here, and then it breaks 7,50. That’s exactly what we did. On this candle, it reached 7,84, then dropped to 7,23.
As a result, there was a really large sales order. There is a large sell order that goes through and gets flushed. After that, it backs up. This is a good retrace and vic reclaim. We reach a new high of 8.20. That’s when things get a little sticky. There is then a grinding right here. I reached 3,000 after my last trade that day. It breaks the 8,50 mark. The time was 8,65 when I returned. This is a parabolic move, like we had here. However, he flushed down eight from 8,79 all the way down. That day, I got 1700 and it got me $1,500. After that, I took one more trade looking for an opening range breakout in the same area. It cost me 300 dollars.
The price moved above 1700 to 14,84. It wasn’t something I wanted to do, either. My reaction was, “Enough!”. No longer do I trade it. “I’m good, I’m green.” And then I logged in, or I was still in the chat room. Come in here and look at that candle right now. I’ve seen people say, “Well, I’ve given back my entire day’s profit.” There are also people who overstay their welcome and smoke their profits. Several people attempted to enter this building. I was just blown away by the heat of this thing. Afterward, it declined, and now it’s below VWAP.
This morning has been choppy. As for my approach, it’s more like an old-school traveling trading station. Being the leader of the gaper. The gaper we were leading was this one. As soon as I see micro pullbacks, I enter, turn green, close it, and don’t overstay my welcome. The Traveling Trading Station breaks down the strategy in a PDF. Here are the tools I use, the internet sources I use, and the two different strategies I employ. My goal is to keep things simple and not overstay my welcome.
Let’s do a little speed test just for fun. Let’s see what the speed has to do with it. OK. SpaceX and Starlink, let’s see. Right now I’m uploading stuff, so I’d like it to go faster if I were just pinging right now, which takes 81 milliseconds. There is probably no higher value today. It’s still not bad for someone who was in their 30s before. There is no comparison to the download speed of 111. There is a 910 megabit upload speed. Not bad at all. As long as it’s good enough for YouTube and chat rooms this morning, then that’s good enough.
Here’s what I’m getting. All of these ads are for Pottery Barn. Yeah, that’s right. Then some more, for some underwear. As well as AT&T. What’s funny about that? A couple of minutes ago, I was mentioning AT&T because I wanted a backup hotspot for my Verizon hotspot that I’m using here. Their $40 a month hotspot does not require a credit check, but you are required to provide your social security number. As I was saying, “You know what?”? That game isn’t for me. I find this ridiculous. Make sure you keep up with the times.”
That’s right, you’re right. I’m sorry, but it’s stupid. Therefore, I ask, “What do you think?” It’s not for me. I don’t use it.” Forget it. Still, Verizon’s hotspot here only provides 10 megabits up and down. In comparison with SpaceX Starlink, that’s pretty slow.