What’s up, everyone? Well, I day trade in Walmart parking lots, traveling trading stations, and camper vans.
Click here Camping and trading To get Ross’ PDF on Traveling and Trading.
And the internet, well, you can see it there. I actually made another video, which I’ll link to below, where I do a side-by-side comparison of the internet. But I’m on a boys trip, me and my son. And I said, “Let’s try to get an hour of trading every morning.” And so, trading with Starlink right there this morning, I was able to make about $1,500 in profit. Hey, how much money do you think we need for this trip?
A full plump one.
A full plump one. We need a lot of money for this trip, a good sized one. And $1,500 ain’t bad. I am going to recap for you the trade I made. We’re going to get to it. And by the way, if you want to check it out, I’ll put a link down here. You can check it out if you want. There will be a link below to a PDF you can download, which includes a list of all the equipment I use for my traveling trading station, the internet I use, and the list I have of redundancies. I also have a backup. And the strategy that I trade.
When you are at your traveling trading station and when you are trading on the go, you want to adapt your strategy and I have done that. Make sure you guys check it out. And now, let’s jump in and recap the stocks I traded this morning. OK. Let’s go to the computer screen.
OK. We are here on the computer. And the stock we’re looking at is USEA, USEA. Now, this is interesting because this is, as it turns out, a spinoff on one of the shipping stocks that we traded a few years ago. And so for those who remember, we had this crazy surge in shipping stock names. We had DRYS, EC, ship. And I believe there is a spinoff on this ship. We had DCIX. I mean, there was a bunch of them, and they went totally crazy.
This stock, they do their spinoff. And so it basically opts for an IPO under a new name. And yesterday, the thing goes from there… I mean, I believe it shows that the first print was under 80 cents there. It went all the way to $5, just under $5. But on very late volume, only 250,000 shares of volume yesterday. And then this morning, sure enough, and I missed a move, it goes from the first four to 5,50. And it was around 7:20 am.
I was sitting here. I’m in the Walmart parking lot. And I got here pretty early, but it took me a while to set up the internet and set up my trading station. Anyway, I missed this move here at 7:45. My computer was on, but I wasn’t looking at the charts yet. The item goes all the way up to $7,80. It then withdraws and I start trading it in the area. And I fixed on it. I ended up giving back about half my gains.
I was up about $3,000 that day. And then I’m finishing at 1,400, 1,500. whatever Like I said, it’s a green day. Yes. Let me move this window up. I’m going to show you guys the P&L. But in total, I’m actually only up 9.48 on this stock. But again, this is traveling trading station stuff. Hey, 14, $1,500 that pays the bills.
And I’ll show you the place where I screwed up on it. But this, my first entry here in this area was $7. And it squeezed to 7,20. It sold out. Sorry. Right down here, came up to 7,20, nothing, fell down. I got back into it again, it goes to 7,45. And I kept thinking, if it breaks this level here, and then it breaks 7,50, we’re going to retest the higher level. And we did. But then on this candle, it reaches 7,84, then drops to 7,23.
And what ended up happening was that there was a really big sales order. A large sell order goes through and it gets flushed. And then it backs up. Retrace, Vic Reclaim, which is good. A new high of 8.20 is reached. And then, it’s a little sticky. And then he grinds right here. My last trade that day got me up to 3,000. It breaks 8,50. I came back at 8,65. I was like, “Okay, here we go.” I’m looking for another parabolic move, like we had here. But he flushed down eight here from 8,79 all the way. And it got me for $1,500 and I only got 1700 that day. And then I took one more trade in the same area looking for an opening range breakout. And I lost 300 on it.
Moved above 1700 to 14,84. And I didn’t either, I was done. I was like, “Enough. I don’t trade it anymore. i am good I am green.” And then I logged in, or I was still in the chat room. I saw people who were like, “Well, I gave back my entire day’s profit.” Come right in here, and then look at that candle. Some people overstayed their welcome, smoking it out. Some people tried to enter here. And man, this thing was just hot. And then it declines there, and now it’s below VWAP.
Choppy this morning. But my approach to this is more like classic traveling trading station stuff. Being on the leading gaper. This was our leading gaper. Seeing micro pullbacks and then entering, turning green and closing it and not overstaying my welcome. It’s a strategy they break down for you in a PDF on the Traveling Trading Station. I’ll break down the tools I use, the internet sources I use, the two different providers and strategies. Keeping it really simple and not wanting to overstay my welcome.
And just for the heck of it, let’s do a little speed test here. Let’s see where the speed comes in. OK. Let’s see, SpaceX, Starlink. OK. Right now, I’m currently uploading stuff, so it might not go as fast as if I was doing nothing but pinging right now, 81 milliseconds. It is probably the highest today. I was in the low 30s before, but still not bad. The download speed, 111, is phenomenal. Upload speed, 910 megabits per second. It’s not bad. I mean, it was good enough to stream on YouTube and in chat rooms this morning, so that’s good.
And I’m getting, look at this. These are ads 1, 2, 3, 4, 5, all for Pottery Barn. Man, right. And then some, for some, oh, underwear. and AT&T. You know what’s funny? Was I actually talking about AT&T two minutes ago, because I was talking about the fact that I wanted to get an AT&T hotspot to be a backup to the hotspot that I’m using here on my Verizon. But you have to give them your social security number and they only do a credit check for the $40 a month hotspot. And I was like, “You know what? I’m not playing that game. This is stupid. Get with the times.”
Don’t say stupid.
Oh, you’re right. i’m sorry It’s stupid. And so I say, “You know what? I’m not doing it. Forget it.” I don’t use it. But anyway, the Verizon hotspot here is only 10 megabits up and down. That’s pretty slow compared to SpaceX Starlink.
OK. Anyway, that’s my recap. I will be back tomorrow at a new location. And we’ll see how I do and we’ll see how the internet goes. And if you want to check out the link, I’ll put it down for trading at the traveling trading station and trading in the RV. We’ll break down the tools, the internet, and the strategy. OK. I’ll see you first thing tomorrow morning.
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