In this video, I break down exactly how I made $30,000+ in just 2 weeks trading futures while the markets reacted to the ongoing Iran war headlines—and more importantly, my thoughts going forward.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on, guys? So, I haven’t made one of these types of videos in a while. Um, it’s going to be more focused about what’s going on in the market, the Trump thing, um, trading, little bit of everything. But, wow, we just had a crazy uh, crazy last couple weeks. Before I get into that, I stream live every single day. Uh, if you want, subscribe below. But, uh, yeah. Also, if you want to support the channel, be sure to use code
Cove Trader. It works everywhere. But, uh, yeah, over the last couple weeks, I I I made over $30,000. I mean, outside of prop firms, it was absolutely ridiculous. I didn’t do an exact P&L. It was probably more than that. Um, I was just looking through everything and um, I was away for uh, for some of it. Otherwise, I probably would have capitalized even more. But uh, you can see this is one of the days I had. I was up over 12
G’s, which obviously I made 30 in a couple weeks and 12 was like a third of that in one day. Um, it’s just I I’ve been selling stuff recently. Um, I’ll show you what I’m in now. People ask me this on the stream, so I figure I’d make a video about it. I haven’t really, you know, so this is what I got left just to go over everything. Um, the only stuff that’s down is I’m holding these leaps. This is almost
Two years out. Not really worried. And um so it says like so I’ve been writing calls against this so like I’m not exactly down that much money. So this is everything I’m in. And I’ve recently uh I recently just wrote these which were puts for next Friday to kind of protect the account. And this is my thoughts. So, you got to remember Trump is literally very much about keeping the stock market up. So, every time we’ve gotten these crazy dips, I’ve
Been a pretty big dip buyer. Um, right now I’m pretty much like 85% cash to be honest with you. I went I was probably 90% long by the time we hit these lows and I’m probably like 15% long. You know, whatever you saw there is what I got left. I’m not uh you know and I’m protecting the account. So, I just want to go over that real fast. I showed you what I was in and here’s my thoughts. like the markets
Don’t rip. I mean, obviously this was a China thing, right? We dumped, dumped, dumped, and then we bounced pretty freaking hard. So, people were like, “Oh, well, we could do kind of the same thing where, you know, we dipped and then we run up to 30,000 or something like that.” Is it possible? I mean, anything’s possible, guys. Um, but I’m just not into going long after we just went up, I don’t know, almost 4,000 points in basically 3 weeks, you know.
Um, if you don’t like buying on the way down, you know, that’s where the money’s made. The money’s made when it looks the worst. The money is not made when it looks the best. You know, you buying up here has a ton of risk. Yes, it could keep going, but also it could drop back down to 25,000 and still be bullish to me. You know, all you’re doing is kind of retesting this breaker, right? Come down, retest this area, and then
Go up, you know, and you’re like, “Oh, that’s not much.” I mean, that that is a lot. That’s quite a bit. Um, I see the Trump news. Trump just wrote Trump on Iran. Maybe maybe we will not extend ceasefire if no deal by Wednesday, but we will keep the United States blockade of Iranian ports. You got to remember the blockade. Iran sees if we’re doing the blockade that that’s not we’re not following the ceasefire. Like we talked about this on the
Stream. Um, I I don’t think there’s going to be a deal personally. Um, I kind of think there’s going to be no deal. I think a lot of people just made a lot of money right here. Uh, 30,000 point move on NQ is massive. A lot of people made a lot of money, you know. Um, man, what’s crazy is I loaded up in my kids’ college funds. I load it up in that account you saw. And then I also load up
My retirement fund. Like I know there’s guys that are much bigger than me and I can only imagine what they made that they got to be like, “Hey, like we’re taking profits here.” Like, you know, if anything, what’s good is they do no deal. This thing comes back down and it gives you another chance to reload. Now, obviously, for people’s sake, I want the ceasefire to happen. You know, you don’t want all this stuff that’s going on, but this market needs
A freaking pullback so bad. Um, also, you have the China thing coming up on May 14th, guys, where Trump is going to meet with China about trade talks. Now, that thing that happened in April right here technically isn’t done yet. I don’t think people realize that. That’s not technically done. He’s meeting in April. Uh not April, he’s meeting in May to kind of solidify uh the trade with with China. If he leaves that meeting and he is not pleased, I mean
He could do something stupid like he has in the past where you know he leaves the meeting and he just says hey 50% tariffs on China. I mean, then this scenario is gonna play out, you know, maybe not as big, but you could definitely just go down 3,000, like just 3,000 points easily. Um, so there’s a lot of things there’s a lot of things going on. Um, as we went into this weekend, they had the meeting going on. I did not
Feel super confident about it. I’ve been reading the headlines. Um, I read their headlines every day, but I was really focusing on them Thursday and Friday to get kind of my thesis and I felt 80% were not going to have a deal. So, obviously there’s 20% in there. The percentages were on my side. So, I’ve definitely have taken a lot of profits and now I’ve protected myself with QQQ puts and you know, that’s where I’m at. I’m kind of neutralizing my
Portfolio. Uh where I think for me personally, a pullback would obviously be the best. Um but I should have taken, you know, talking about futures, I should have taken some some futures contracts going, you know, going along also. I did not. But uh you know, those are just my thoughts about everything that’s going on. I don’t think this is the end. I don’t think reading the the the headlines, um, Iran doesn’t want to give up the uranium. Uh, Trump says that
We’re getting it. They said they’re not giving it up. That’s a big split right there, right? Um, there was just a couple things that that Trump was talking about that Iran completely said they’re not doing. And to me, there was too many uh too many things on big topics that uh I just thought that this this isn’t going to happen this weekend. And now it feels like he’s talking by Wednesday, which is now pushing this thing even further, which is now
Giving me more that this isn’t going to happen. There hasn’t been really any headlines out now. Um, you know, Iran’s vice president just said Iran’s in charge of management of the strait. That came out basically six minutes ago. Um, Iran’s vice president says either they give us our rights at negotiating table or we get in the battlefield. That doesn’t sound like they’re going to have a deal in 48 hours. um you know, just kind of doesn’t seem great. Uh you know,
Trump’s saying that the Chinese president is happy, but I don’t really know if that’s true. You know, I’m just reading between the lines here. China’s not saying that they’re happy. Trump is saying that China is happy. So, there’s obviously multiple sides to these stories. Um, so I don’t know. I that those are just my thoughts, guys. People have been asking my thoughts about this. I figured I’d make a video about it. And um, you know, I I made this was a
Really good move for me. And I think to me, my personal strategy, the move is done. Um, I don’t need many of these moves. You know this thing in April I made man I got in like April right here. I bought my last piece literally at night because you could buy stocks at night. I was on Robin Hood at the time. Um I bought my last piece when we were like super low, super super low. I was going to say I
We were at 165 when we did it. That’s about when I bought. I literally bought almost at the tip. It was in it was in like 10:30 at night at my kitchen table and I bought the last third like the last piece of my all in my account was all in at this point. Like I had no more cash was literally when we hit 165. I had all my cash. I was all tapped I was literally tapped out and I was
Like man I can obviously withstand it going lower but I don’t want it to. You know I had no more cash. And then we ripped um and I made a big freaking bag. But you don’t need like that one trade like you know everything I I was in like I didn’t need to trade the rest of the year. Like that made my whole freaking year in a month or two. Same kind of thing like this could do. Oh man. News release
Just came out. US defense official IRGC conducted at least three attacks on commercial ships in the straight since Saturday morning. Oh geez, it’s it’s unfolding why I’m on doing this video. All right. Uh but yeah, like I said, like if you made this, so I did 30 in that one account. I was I have a retirement fund that’s even bigger. I mean, I made a good amount of money. That’s not going to make my year, but I will say that was
A nice hit in the last two weeks. I kind of was hoping that we were going to go even lower.
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