Making Profitable Moves on a Monday Morning! Trading the S&P 500 with the RDT Strategy +80.75 Points
Well hello my friends, today is Monday, November, 22nd, 2021. I'm Lindsey duff and this is Responsible Day Trading, so the last two Mondays I've given you two videos on Monday, one being the breakdown, two being my trading. Um, the last time I had a really great day trading, my best day ever, I didn't get to record it, well today was pretty darn close y'all, um last time it was 84 points this time it's 80.75 and I was down 14. so that means i came back up from that 14 point loss to be able to come back with 80.75 points. So you know it does make me proud, I don't know if you've been with me since my beginning of the journey but you can go back and look at my old Youtube uh,C from when I first started this while I was making two points a day, then four points a day. then six points, then eight, then ten, then it made a big jump into 20,
and then it made a big jump into 30, and now it's jumping up into the '80s and '80's is something that is fairly new for me to reach so that tells me next 100 points, i wonder when that hundred point day will come, I don't know I felt like it was gonna be today but that was me almost trying to force it after that, so I just decided to set it aside, forget about it, just enjoy it, I have some things I can do the rest of the day and we're just going to go with that guys, we do have some Black Friday sales coming up, we're going to actually have the vault on the Black Friday sale so, if you like these videos, you can watch the entire thing, you'll be able to see everything, my dog lost her everloving mess today during my video, I'll try and mute that out but you'll hear me freaking out because during my last trade, my dog is freaking out and I'm like oh my god, I'm yelling for my son to come and get the door setting my stops so if I have to walk away, which I did have to walk away twice during it, my last big doozy trade that um that I was prepared and so if you go into the vault and watch those videos that will show you what I'm thinking during those times, it breaks down every little bit, I mean I used to run live trading classes ,I stopped doing it because I know that it makes you dependent upon me for my traits, and it also makes you at the mercy of whether or not I'm having a good day and I don't trade every day, so some days I'm frustrated and I'm paying and I'm and I'm not paying attention and some days I'm in the zone. So, is this just about teaching you to be in your own zone and to hear what we've talked about and what why or why not have taken traits also I took a lot of multiple entries today so, one thing with that is the multiple entries are leading me up to the fact that I know I want to increase my contracts, right now I'm doing four, I might do eight later on. So having 4, 8, 12, 16 on at one time really gets my mindset, so when I do have eight I can double up on those contracts and feel comfortable so, I have enough of my account to be able to do that, so I just want to have the right mindset and be prepared to see that many contracts on the screen at one time and be completely okay with it. So all right my friends that is going to wrap it up, like I said we do have a black Friday special coming up for the vault and we have a black Friday special coming up for UProfit Traders, so just keep your eyes open and be ready for those on Friday. All right, everybody have a wonderful week enjoy your vacation, and as always enjoy the show.
whale, felt like I had a little extra time on my hands and we knew that idle hands are the devil's playground, so check out the Market. Um this morning when I was talking about this area right here, I thought it might actually uh pull back one of the things that was keeping me from that opinion so much, because they're always opinions right is the way that the MACD's behaved here, it pulled back into the EMA like so perfectly and it's pushed up so, at this point I just kind of had to watch him wait. Uh, let's go ahead and just look back through the daily chart, did have some news at nine which means it's already been out, so we made a new high uh, I'm not gonna lie to y'all, I'm kind of gonna expect this to go up but it may be something as basic as this right here. Just not right this exact second obviously, because it's not in a long move, See if it pulls right back to this area that held and bounced off or if it's going to pull back even deeper into the EMA and uh support area here. Oh, I kind of didn't want to do that accident that was actually an accident, let me um, just look for one moment, just a little early, I'm gonna exit that that was an accident, I shouldn't have been in it even if it goes down from right there.
Well, that was no fun to start off with but that's okay. There we go, leading lower the way it's pushing down here at the top Bollinger Band still has strength down here that has a little bit more of an umph behind it. could it still come up? Yes. I am going to give it those four more.
Still sitting right at that top Bollinger band. We're going again. Just as this made that sharp pull up and pulled down these are angled to the upside, but we still have a lot of strength down in this move. Okay, we're going with one more why is it gave this little pull back the as we're getting closer to the end these MACD's are really starting to weaken and roll down. I'm just removing my risk in little by little by little as these price bars are just kind of weakly, weakly moving. and this MACD is not playing the game I wanted to play.
that's okay it doesn't have to does it okay took those out all right. I'm not trying to force things Lindsay you gotta look at those things and think about those things to yourself am I trying to force this. Let's take it down to the area. Going in having it right behind here two more I'm leaving these here because this is a good area actually I'm going to take the last one down.
Oh back is beautiful here. So. So in reality, part of doing this is I'm working on um, getting the guts up to move up to something closer along the line of eight to ten contracts at a time, so this is why you see me adding on a lot more right now. I'm just going to be very aware right this area that could create a bounce for that last resistance was, we're reaching down towards this area.
Part of me wants to just go ahead and take this one I will. What I really want to do is pull these two back up here and ignore that phone call oh, well that's too late, oh look at that Look at that pull-back, 23 okay we're going to go ahead and go in one more in there. Oh, let's add those two more, I'm not going to be moving any more of those because right here is our next area 719.
Just have those down there's a just in case. Oh my God. Hush. Okay, well.
That is uh.. A little bit of my heart attack. Yeah, my heart's still racing she tries to save us from all the evil uh, UPS men and things like that and it just almost kills me. Well. Followed a little too close on that one could probably still be in this a little longer, but I think we're gonna call that a day, my dog's giving me a major heart attack this is my second best day trading and it started out rough, y'all got to be here with me for it. So it started out well see there it goes yeah I moved a little too close too fast, that's okay, uh, started out 14 points down and then I've got a break-even plus two plus, you know plus the point and then let's see where we're at now and I just want to pull that over in case anybody has any questions, not that I feel like I have to let it go and it's still going, got out early, wow.
I'm thinking about trading some more but I'm gonna have to sit here and think about it for a moment. it's greed, it's greed that makes me want to trade more, I gotta stop, I've got to stop, so let's talk about what I did now as I said guys, I'm adding on a lot of contracts because I'm working to get myself comfortable with having something like eight to ten contracts at a time instead of just four um, I'm not there right now but I wanna take this short, it's too big now I can't. Holy moly, figuring out where all those went took so long it required a bathroom break, okay so let's just go through this and I'm gonna pull it over a little this way um, so I don't get tempted to take any more trades right now. Actually, we're gonna go way over this way so I don't get tempted to take any more trades right now, plus 8.75
oops okay and guess what we're doing other stuff for the rest of the day, Yeah. So, my friend that's gonna wrap it up uh, I started at 10:14, I took my first trade at 10:14, which I maybe was looking at it for five-seven minutes before that, and traded until 10:47, so 30 minutes bam, bam, bam $4037. now obviously there's going to be commissions and to play with that, somewhere around 100 bucks in commissions or so, so, yeah it's not a big deal I'll take that, you know with the way to start off the week, I do not plan to trade anymore this week, I honestly thought that I had a doctor's appointment today, it's tomorrow, so that works out, so I was like well since I don't have that appointment today I'm gonna go ahead and trade and uh, today pays for that appointment tomorrow, so thank you, Market, I appreciate you that is gonna wrap it up guys, I hope that everybody has a wonderful week enjoy your holiday, if you're not in the U.S just enjoy the time off you know from trading, maybe do some simulation, if you feel like you really need to be a part of it and just you know spend each day trying to do better than the day before and sometimes that means just taking a break, so folks have a wonderful week and as always you know that I Look Forward to Catching you on the Profitable Side.