I Spent a Day With the World’s Best Young Traders transcript

In one single trade, I think we made about 3.5 million. That took the entire team's brains to put that trade on. Actually, if all five of us want a trade, I would I would not want to be on the other side of it. >> Good morning. I'm Nano and this is the day in the life of Max and I as SMB traders. >> Yeah. smoking. [music] >> Those Koreans are trading that ETF like it's a meme stock, huh? >> I do kind of like wonder if you're in in like that gold bubble of opportunity.

I I mean like it's actually like momentum in [ __ ] Korea to gap up 5%. [music] >> Yeah, even was saying that that memory name is super heavy in in that ETF though. >> It's hard to time it. I mean, we can still use the memory names as some kind of signal, though. >> Yeah, I do. Like, if you The issue is that it looks like it's just a consolidation at the high on the memory name. So, it's like I don't really necessarily know that that ETF is is ready to like top out.

Bella wants me to move to [singing] Miami. >> No, but I think Bella knows that I want you to move to Miami. >> Oh, well, then [music] maybe he should make a package for Sarah, too. >> Here's a new life payout. This plus Sarah, you get 0.5%. [laughter] >> Save 13% on taxes and she gets rich. >> Life be perfect. Cop right there. [music] >> Breathe in. Breathe out. [music] >> Four. Close it. Clasp it together. Clasp it.

Don't let me open it. Don't let me open it. Don't let me open it. Four more. Go. Come on. Clos it. Clos it. Close it. Clos it. Close it. >> I've been training with Jeffrey for at least a year now. Um, you know, for me, the goal to come here in the morning is is really based on having a clear mind and accomplishing a goal, which I don't think a lot of people can, which is to have a really nice fit body. Um, that's something I really struggled with for a long time.

And I think having a bodybuilding type structure has helped me push myself to the limits in that sense. And having a great coach like Jeffrey allows me to accomplish that without having to figure all that stuff out on my own. I feel like you've really catered towards me even though I don't want to be a bodybuilder to pushing me so I can find my right balance of of what gets me to look great and not be so beat up that I can't even, you know, go box and and and have a clear day. >> Yeah, absolutely.

You know, I kind of understand what you're trying to accomplish, which is, you know, get in shape, be athletic, and have a good mental, you know, >> Yeah. head when you're going to go trade, when you're going to go work. So, you know, you're you're doing a great job. >> Good. Good. Drop your elbows a little bit right there. >> The software sector next quarter. >> Yeah. >> Was IV a fail a failed new low? >> Yeah. And I think it's not going back up.

I think that there's not going to be any good trade. I was looking at the option prices [music] and they're all pretty expensive in these kind of names. It's like 22. It's like you're going to get that like few days where you get those like random big moves. >> I mean, if you're calling it like 22, that means you're saying IGV is going to be ARC. >> Yeah. Yeah. But like this could be the low of ARC, but it could go like IGV could go back to like >> ARC only really bounced like 60% off the low. >> It's not going to be like their earnings will still go down or they're going to have to be like repriced or people are not going to just jump back in.

I >> mean, objectively, all of Software is repriced already. It's just a question is do you slow dribble like like the speculative names did in 22 or do you kind of grind back higher as people recognize there's still earnings in these names? I >> it's not like AI is going to replace like Service Now and Palance here like just over that standing full range you know on top of the bottom. >> I only come here three times a week and I do find those three days that I have the most clear head intraday for trading. >> Yeah.

No. And when Anno shows up, he shows up to work. He doesn't play around. He doesn't walk around. He just shows up ready to work. And when he's here, he's 100%. And he barely misses any days. >> I have 45 minutes with Jeffrey. I'm paying him for it. I know that his time is valuable. He has clients all day. He doesn't even want to train people that aren't super serious at the end of the day, right? >> I'm not I don't I don't take clients that they just want to show up and do whatever they want.

I don't cuz it's not good for my name. It's not good for them. They're not going to see results. So they're just, you know, wasting their money and my time. >> Yeah, absolutely. I mean, the results are definitely there working out with Jeffrey, hands down. Appreciate you as a coach and obviously too as a u as a role model for me in the gym. >> Thank you. >> Do you know if anything's moving premarket already? >> Is starting to go. >> All right, coach.

I'll see you at 4:00. 4 p.m. Bro, >> does SNDK all of a sudden look like it's pushing 700 into the weekend? >> That I think like >> I like that. Yeah. I mean, I guess you can have a 700 breakout tomorrow into the weekend. >> Yeah. I mean, dude, what? It's 670 or 680 in the pre-market today or 670. >> I mean, what if it pushes up against PM high today, goes like 680. I mean, what? $20 move and it's 700. >> It's 650 now.

Okay. >> I mean, like the Yeah. Yeah, I mean just what's doing pain doesn't matter cuz you know if it's ripped >> Yeah, it literally rips 30 points off open every morning. >> I think a 700 bouncy into the weekend is a really nice setup. >> As good of a setup as you can ask for with Citron short now. >> Yeah. >> I'm going to pick you up for uh for our Starbucks run here in um four or five minutes. >> Um sounds good. >> See you soon. >> See you. >> Meaning moving to pre-market Korea. >> Yeah, I saw it.

Gab me up again, dude. Actually, as we were driving out here, I looked at Max. I was like curious trading like a meme stock now, right? >> Yeah, but it's one DTE today, so hopefully tomorrow. But I I mean, obviously, if something happens today, >> I don't think it moves intraday, though. I think it's more of a gap thing, >> maybe. >> I mean, you got to be openminded, I guess. But >> it's pretty extended. It's >> It's extended, but it feels more like the first speed up day.

No, I don't know if I would like consider it like >> Yeah. >> multiple speed up days already, you know? >> You're about to see the Breakfast of Champions. Oh, absolutely. >> No frosted flakes today, right? >> No. 720S. >> Where? To your left. Silver. Oh. So, we were driving to the gym in this car and this guy with the Beamer pulls up next to us and >> we had a good time. Oh, 100%, dude. >> Yeah. Yeah. So, SNDK I saw was kind of gapping up a bit. >> Let me see. >> So, I was thinking if there's a world that that has like a a small move into 700 and then tomorrow has a 700 break or like >> sideways pattern 700 tomorrow, that would be a great weekend long >> or it happens next week.

But yeah, >> it could happen next week, but ideally like your long into the weekend. I mean, you know what happens every week on SNDK? It just gaps up. >> Yeah, >> we got a guy recording us giving us thumbs up here. >> [music] >> This car only attracts dudes, by the way. There's he gets zero girls from this, just so you know. Hey, tell that to your girlfriend, by the way, buddy. >> Um, I have an video on watch, but no real plan there.

Uh, I noticed social circle was really strong yesterday on their earnings. Um, that uh has like a follow through day if it goes sideways. >> Main watch for me is uh SanDisk SNDK. Um, I think that if this pushes up against 680 intraday, you might start getting a bit of a breakout into uh into 700 for the for a weekend play. Um, especially between today and tomorrow. If we start, you know, getting anywhere close to 700, I think you can have a really nice weekend gap and breakout.

Um, especially with Citron short now. That's all I have. >> Thank you, Stephen. >> Morning, Kenny. Um, I'm watching EWI, the Korea ETF. Basically, this topped out at 156 in pre-market uh and we're now trading at 154, 155. If we can consolidate for 30 minutes off the open, I'd be willing to buy 1DTE on that uh puts thinking that we can trade back down to 150 potentially. Daily is just really extended. We're gapping up 1.2 ATRs and we've been outside the Ballinger for 2 days now.

So, I'm thinking that we can trade back to 150 and that's it for me. We go over the open every single day. Um, as a team, we have several calls with different traders. That's just part of like us getting ideas from other teams as well. Um, and that just pans out through the entire morning. Basically, starting 7:50 and 8:50 or two of our calls. And that's for us to hear out other people. You know, right around 9:00 a.m. after we finish all our calls with everybody else uh that we would otherwise speak to, us five guys, we hop on the call and we discuss uh what we'd consider the most important call of the day, which is our morning call.

So during that call, we go over, you know, really what setups are within our playbook and what setups could potentially be setting up for our playbook. And we also discuss like what the tone of the market is. You know, this might be a really big risk-on day for the market. And you know, that really sets the tone. You know, if you get on the call and people are starting to make jokes at 9:00 a.m., you know, that might be inappropriate on a day where where you know, gold's gapping up, you know, for the fifth day in a row, right?

So that would not be what the tone would be like on on such a day. you know, that kind of day. We're walking in, we're hopping on that call, and we're discussing very seriously what kind of data points we have and what kind of trade possibilities we have and permutations we have ready for that day. Okay. So, Stephen, I'm going to need help at 9:31. Are you interested in helping me or no? It's either yes right now. I can't have a maybe. >> Yes, sure. >> Okay.

Do you guys want this on gay armor or we're splitting it 20 40? >> It's not going to be a full loss, right? >> But for 20 minutes on a 55 delta or 60 delta, it's unlikely to lose all the full premium. So, I would suggest 50k per option. >> Sure. Let's do 50k. >> Okay. Okay. So, I'll do this by you do the cues. >> Yeah. You're just going to tell me when to hit and when to start to hit. >> 9310. Yes. 55 delta. 50k worth of options.

I'll do 50k as well. So, I'm doing spy and I'm doing the 60 delta. Just letting you know. So, you know, permutations are something that we really take super seriously. We always discuss what possibilities we have that we could possibly run into on an intraday basis because being ready even if you just mention something right like if a zero DTE play if you just even mention it during that 9:00 a.m. call that gets the gears going such that in case something does pop up during the day for that big playbook trade we connect the dots better.

So really being precise on that 9 a.m. call most often times puts us in our best position to succeed. I think the circle if it goes first move down to like 78 77 I want to buy some of those March calls that's two day um biminer is flat given ETH but if there's could be something there koru I I'm not interested in doing anything hedge unless today closes strong so I'm more so just keeping tabs in the option >> agreed >> what do you make of um ALBT gank like limit up off open or I think that a first move up is probably going to like stuff.

I mean, sure, you could try it, but like not that interested. >> You know, when people talk about the trading team, people think of colleagues, you know, they think of peers and they think about all these formal words, but um these are friends. This is a group of friends. And I don't know how else to put it besides that. Like, I mean, if I was going to go anywhere, go out drinking, go out for dinner, I want to be with my guys.

I want I want to be my friends, you know. So, um, if I'm going to Vegas, I'm going I'm going with these guys. This is not this is not just a team. This is this is a group of of effectively best friends. Everyone has their own set of skills, admittedly on on on in this group of friends. And um, and we we really know where the weaknesses are and where the strengths are in each guy. And because we're so frank with each other, we're so honest with each other because we're such close friends, we don't hold back.

You know, someone's if someone's doing something and it's kind of obvious they're not doing the right thing, we call each other out. I'm the youngest guy on the team. I've become sort of this culmination of everybody into me. Obviously with my own characteristics, but I've kind of taken from everybody and learned from their mistakes and their strengths and use it to my benefit. My main trading account is my um personal.

However, being the fact that uh I work with multiple guys very closely, we also have various joint trading accounts. A very key benefit of that is that it's not just risk, it's also different expressions of that trade. You are getting the benefits of of basically everyone's edge being added on to the way that this joint and team is managing that big trade. And so now all of the sudden, you know, you have five dudes trading an account.

They all have a different edge. And when everyone agrees on one thing, nothing is certain in trading, but I'll I'll tell you what, if all five of us want a trade, I would I would not want to be on the other side of it. [laughter] [gasps] I definitely feel pretty strongly about that. >> Nano is better than me at sometimes envisioning a full move for stuff. I'm probably the best in terms of thinking through trade structure and finding the best way to get involved in a trade.

So, I'd say that I'm the best at finding the correct way to get into the trade. They are the best at actually managing it after the trade's been put on. >> It's an unspoken rule really for our team. We see what everyone else is doing on the team. There's nothing hidden. And I think that's really important for us because that's how you build trust. >> That's where your team should be. It should be friends. It should not be people that you mute yourself for the entire day.

You don't say a single word. We have a no mute rule on our call. You're not allowed to mute your mic. Um I don't care if you're eating or whatever it may be. We basically are always talking. Especially if breaking news ever happens. Someone's always there to say something. We always have someone sitting on the desk. Um so that boring Wednesday may turn into the most insane Wednesday in the flip of a dime. >> Oh wow. Circle.

Look at that. Went green instantly. >> Yeah. >> Holy crap. That's super strong. That is such good follow through on circle >> throughout the day and the call. Nano and I are probably the most vocal in terms of idea generation and trying to figure out new ways to get into trades or to scale trades. You know, sometimes that can get you into trouble, especially overtrading. you know, those big days, there's usually the first trade that's really good, and then there's sometimes a a second trade, and then there's all of that give back and and chop in between.

And trying to eliminate that and really saving risk for the correct entry or for the correct next entry is especially beneficial. >> Honestly, it looks like it could be worth like a one minute or a 30 second turn or something given how steady that is. Check the 30 second out, Stephen. It can. I just I mean I'm just looking for a quick scalp. It's not like an actual bigger future trade. >> I'm not in yet, but I'll try. >> Circle is [ __ ] 8850. >> It's insane, dude.

On circle, man. >> Somebody not agreeing is automatically a sign of a size down. Someone's disagreeing, it's not because they're not in the mood today. Everyone is pretty level-headed. That means generally a nuance is missing. So, if it's Max, maybe the riskreward is missing. If it's Raph, it's a gut feel. He's seen the markets for so long, he knows that it's probably just not going to work. If it's Arman, maybe there's a little bit of blowup risk that he doesn't like in the trade.

If it's for Steven, it needs to be more systematic, maybe. So, everyone has their nuance that they don't like, and if that nuance is missing objectively, it might just be a worse trade. The trades that I regret most, there's at least one or two guys on the team that, you know, that don't like it. >> All right, I'm going to try once. Could you put in the stop for me as well? Although I know. Yeah, you got it. Load day. >> Yeah, I think that's right.

Stop it. I mean, like that's a turn if he does that. I'm not trying to just fight this. >> Yeah, I won't try it again. 10 off. That's fine. >> Yeah, it's fine. >> I love what we've built here in terms of this Miami office, you can call it. It's something very special. I >> think the way that we've done it with having everyone in the same house working together, >> the difference, I would be upset trading alone. I wouldn't I wouldn't like it. >> No, I mean, >> we're remote, but we made our own office. >> Yeah.

Yeah, I mean I would I would even consider us not remote in the sense, you know, I mean cuz even if we were in the office, this is the this is the group that I'd be working with >> regardless with more people in our call now than I was in New York. >> See, I I fully believe that. That makes sense. So, we trade a lot of strategies that basically require us to be um super quick and we need the internet to be reliable. When we first moved in here, you know, we had the idea that this house would be an office space, you know, North Miami office space because obviously we do have one in Bickl as well.

Um, but we didn't know that this house is only cable connected, which basically means that um, the latency is somewhere between 10 milliseconds and sometimes as high as like 30 if the whole neighborhood is using it because it's a shared cable line. Um, so it just wasn't going to work for us for the strategy that we want to run. And so um, we reached out to AT&T. They, uh, somehow got in contact with someone um, in the business center and they said to us, technically we do have a solution.

It's not for homes, but if you have an LLC, we could we could potentially make this work one way or another. We got the permit somehow and we ran through the RLC and we're able to run a business fiber line straight into the house. So, that fiber line connects all these computers here. Um, gives us basically as fast internet as we need and most importantly as reliable of internet as we need. So, we have three backups running.

Um, both cellular, uh, fiber and cable. But, you know, aside from Starlink, which is probably the last step here to like really make this like a fortress for trading, it was not cheap at all, it was in the high five figures, but it was 100% worth the investment. And I would definitely say it's paid itself back multiple times. I'm sure the guys would agree. >> Korea's kind of failing, honestly. >> Ku, >> yeah, they're all just kind of failing. >> Does anything get you guys long again or no? >> Earnings were fine.

You're $10 off the high. It's probably a long very close. That's the truth. >> If Korea goes red, isn't that a sign that like SanDisk and all those are potentially fading? >> I don't know. >> Yeah, kind of >> like SanDisk only gapped up because I think of Korea like this the 600s are are seven bucks. I'm not saying to buy puts here, but like like an afternoon idea maybe. >> M fresh lows Sandis technically looks like a bit of an opening range break through the low. >> Yeah, but it keeps puking out $15 straight. >> Do you want to buy any puts going red or >> I'm not fully against it cuz I do see the possibility given what MU is doing here and given what Nvidia is doing?

I mean, you goes red here. I'm down to do something small >> here. I I bought 20 of the 600s. Honestly, bro, it feels like like this SanDisk and MU are actually good trades with Korea potentially going red. It just may not be on this particular entry. >> Okay. I mean, I think if you're looking for an expansion on SNDK, you're going to want to see some kind of sign of of like real weakness as opposed to just consolidating like >> Yeah.

Yeah. Like a hold red. The only thing I think going for this trade right now is the two Arvall and the fact that memory names in general are weak. >> Yo, that rotation from hardware to software is absolutely continuing today. >> Could be a sign. >> I mean, think about it. I mean, all the all the memory names are down. All the software names are up. You look at Palunteer and look at look at SanDisk. >> So, basically, the day started with Nvidia earnings.

We just saw that it sold off um right off the open. And we also noticed that EWY, the Korea ETF, was gapping up 1.2 ATRs. We personally did not short this, but once it rolled over, we noticed that SanDisk um which is very reliant on what Korea does was forming this breakdown. So, we bought puts on that breakdown and we basically caught this leg lower. That went lower along with the market and the entire Korea ETF. So, that's probably the best trade we took this morning.

We did take part in this um Q's move via puts but that was via an automated strategy that we have. Um basically it bought at 931 Q's puts um due to several signals that we have. Um we were able to get out. Sadly we did not catch the entire move but we got around we got out around 611 on Q's which is a 50% gain in the puts something like that. Um and it's a new strategy we've been testing out with Claude. That's really it for today.

It was more so a slow day in the sense of things to watch, but there were a few good setups and the best one that we missed was a Korea ETF, but we're usually pretty selective with what we trade. Um, and this just didn't set up necessarily perfectly for us. If anything, Nano had the probably the best call on this today. We just sadly did not capitalize as a group. The only time I suggest putting a lot of risk towards something, it's something that you've seen time and time again and there's an edge that you're very confident in and that's what you should push.

In one single trade, I think we made about 3.5 million. Yeah. Um and surprisingly enough, it was um it was an OTC stock that was uplisting to NASDAQ. I had presented the idea initially and Max didn't like the way I was presenting the idea, so he suggested a different way to execute on the idea. And Raph gave us the confidence to love the idea. And Arman made sure every day that that the hearts stop was in so that we weren't going to get lose more than we needed to lose.

I wouldn't be where I am here if it was not for working with all the guys in this video. >> A lot of guys have their own accounts. It's a solo sport. I've never been much of a solo guy. It's just not who I am. I like to live life with people. >> No, dude. Get that out of my face. >> At this point, it doesn't matter. >> What colors are left? [laughter] >> HTI. >> [ __ ] Christ. price. Is that right? >> Yeah, that is absolutely right.

Don't hit that. >> All the way. >> Okay. >> See, candy could have costed you money right there. >> Yeah, for real. >> That was a $2 pricing. >> Yeah, it's the last one. >> How did that run so much? Why is HTTI indicating $4? >> Maybe there's like I don't know. >> So that Yeah, exactly. That candy did cost you Sandis. I What do you think about that? Honestly, I see it's a failed breakdown. >> I think Sandis can be up that on Monday.

I think it's too far from the breakout. I think it could be up like 30 or 40 tomorrow and then you buy calls for next week. >> That sets up the 700 trade. If you pin 700 tomorrow, that would be the the a scenario on SanDisk. Actually, >> yeah. If the market were to reclaim today's high to prove the sideways day, SanDisk were to consolidate 670 to 700 and close strong. I think that there's a real chance that Sanis is like 770 on Monday. >> It feels like graph has a focus on SanDisk. >> We have the same thesis.

He thinks that that that you're not going to swan on the market um tomorrow. So instead, we just reclaim and then we go on Monday. SanDisk can reclaim and then go next week. >> You had a failure date today. Reclaim VW play into the close. He's saying 670 is inflection point for Citron short. So basically you think it gets over 670 starts squeezing. Guess that's where people got short. You probably don't like changing the structure.

Do you gain? >> I like my structure. I like today like >> I feel like a 3x a 3x ratio is never going to be sexy enough. But I mean, >> but it's 3x ratio on something that has extra time value. And my thinking is that is that it's logical for the SME to trade back up towards today's high and we collect all the premium because if you go to 6950 you'll lose 100% on the short whereas we're going to make the full amount. That's the difference. >> I see both arguments.

I don't know. >> 262 and a half. >> Great. 3 seconds to go into the rose. I'm going to keep my headset on, but I'm going to get ready for boxing in the meantime. >> So, this is what's going to happen. I'm going to have one of you directly with the gloves. I'm going to have another one doing shadow boxing and the other one's going to be in a rope. Ready? Very simple. We're going to do a circuit. Two minute rounds. We're going to be rotating.

Ready? >> Perfect. >> Let's go. Let's do it. >> Here we have our boxing session. We do this every day at 4:00 after the close. It's a really good way to let out some anger on a bad day and honestly a great way regardless to let out some steam after even a good day when you're just sitting down all day. It's kind of hard to uh to to move when all you do is trade. So between the standing desk and the sitting that's the most action I get outside. >> So Tommy really fills that gap. >> One, two.

There you go. One, two, three. Keep it very clean. One. Ah. One, two. Ah. One. Ah. One, two. Ah. Ah. How you feel? >> Like a winner. >> Like a winner. Let's go. One. Ah. We're not intertwined, man. One, two, out. Uppercut 3, two. If the coach is not sweating, it's not enough. One, two, three. One, two, three, seven. Let's go. Hard elbow out. 1 2 3 7 1 2 3. >> Trading is a very high stress and high focus environment. So, my role here is just to help them manage the stress, keep them energetic through the day.

And well, at this point, uh, fitness is not just about how you look. It's about how you perform every single day. >> One, two. If I ask you how you feel, you tell me you feel like a winner. >> Ready? How you feel? >> Like a winner. >> Let's go. One. One, two. >> I always bring the best to what I want to do. So, when I decided that I want to lift, I didn't go lift alone. I wanted to learn how to box. I found a national champion boxing coach.

Stringing myself with with the best people in each parts of my life, whether it's fitness or trading or or or or business or food, I think the best way to to go about it. That's how I do. Max has talent. Max is effectively a prodigy in trading, right? Stephen, we all know this guy doesn't get off the desk. Arman, same situation. Raph has talent, but ask Raph what he's doing as someone who has more than enough money to fly anywhere in the world and stay there the rest of his life and spend an obscene amount of money for the rest of his life and not go broke.

He's sitting at his desk trading. Even with the P&L that I put up, I I I could also walk away from trading. I just don't see a world where when I'm 50, 60, 70 that I'm not trading. If you don't actively trade US stocks, skip this video. It's not for you. If you do, let me ask you this. Are you tired of constantly losing money or breaking even at best? Do you feel like you're spinning your wheels, never quite able to crack the code to consistent profitability no matter how hard you try?

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