I'm Not F$*king Leaving.

hey everyone me kevin here i just lost

lots of money but it's okay

i'm with you yeah folks this week was

absolutely

brutal and last week was pretty

tumultuous as well but it was actually

an okay trading week

i made over 9 600 trading ehang after a

short seller blasted the company i trade

it down a few hundred dollars on ogi but

i made some good money back on fisker

so net net last week i'm up over nine

thousand dollars which is really

exciting on the trades but

this week was different so yeah my

trades i only trade with about thirty

thousand dollars

and on my long holds well i park a whole

lot more money and

this was not a week for trading it was a

week for losing

yes folks it all started monday

afternoon when ccfv and lucid the suits

got greedy a lot of the suits at ccav

and lucid saw hey we have so much public

investor demand

why not dilute our public shareholders

change the valuation and base price for

our company and

boom make an announcement that basically

has the stock's value

on a revaluation well no surprise some

big tandies evaporated that's okay

though

i'm diamond handing this one because i'm

in at 19 and i'm still profitable on

this one

and now i'm very excited about that but

i'm more excited about them actually

rolling out vehicles later this year

more on lucid in another video now on

tuesday

we had a real warning shot we had 15

minutes of hell starting just a couple

minutes after the opening bell

the market started for about two minutes

and then

plummeted now what's interesting is we

had 15 minutes of hell but the market

basically went straight up for the rest

of the day on tuesday so unless you were

around tuesday morning you didn't get to

take advantage of the attendees

that is buying a very low by buying the

dip now wednesday

turned into a date of reflection a day a

lot of us thought damn i wish i could

have bought more shares yesterday well

fortunately for the people who wanted to

buy more shares on wednesday they got

another opportunity because well we have

thursday see thursday was disgusting and

gut-wrenching

on days like tuesday and thursday we

typically feel some pretty strong

emotions

first we get weirdly glued to our

screens we can't help but continue

refreshing our portfolio hoping it goes

up

second we feel stupid we feel like we

made a mistake and we should just sell

and start from scratch because

it'll stop the bleeding and if we stop

the bleeding the pain will stop

third we sometimes start feeling this

like lightheadedness

it's really just a burning sense of

failure that makes us slightly

weak basically and it creates this

tunnel vision that as soon as we try to

get

up and like go get a cup of coffee or

get a drink or whatever

we end up just turning around and going

back right to our screens and checking

for another catalyst or portfolio update

hopefully looking for a green shoot that

just doesn't end up coming

yes well all of this is literally toxic

people often call ask me they're like

kevin why is your program called stocks

and the psychology of money which is

linked down below you could use a coupon

code down

below of course for uh and the reason is

we are our own worst enemy

see we get seduced by this pain that i

just described

we paper hand and become sissies and

sell out but it's not our fault

this is actually human nature when

you're getting hurt you flee that's

called fight or flight

but what's fascinating is you can't

actually fight in the stock market

when you're getting hurt in the stock

market there's literally nothing

you can do so when nature says fight or

flight

but then they take away fight all you

have

is flight and people generally

especially newer investors don't have

the well there is another option and

let's just stay here and keep getting

beat up

but that is not a natural response it is

not a natural response to stay

and keep getting pummeled and pummeled

and pummeled humans are not designed for

continued

suffering humans are designed for

minimizing suffering so paper handing

is not your fault it is nature's wiring

of your human brain

that makes you feel that way and it

certainly doesn't help that other humans

with these same feelings feed into this

with comments like

don't catch a falling knife you just

keep getting worse

and all these fortune tellers tell us

don't worry we'll tell you when the

bottom's here and then they never tell

you when the bottom's here instead when

the bottom

came and when they tell you don't worry

they'll be a double dip so then maybe

they could be right the next time but

they just never

are in fact that's exactly what happened

in march of last year

folks all this stuff is designed to rob

you blind

so how do you solve this in my opinion

there's only one way

you eliminate distractions and you

surround yourself with winners

there's a reason in the stocks and

psychology of money group that i have i

don't allow the posting of

loss porn and i also don't post gains

why because usually you end up getting

people who post gains on these yolo bets

or losses on these yolo bets

that either went really right or really

wrong and they make everybody else feel

like they're a loser for having a normal

portfolio that has some diversity to it

and can grow wealth over time it's

usually the people who

post like a 400 percent gain on a 200

investment they made which is like

congratulations you made money on your

200 investment that's not life-changing

but congratulations

or the people who are posting the lost

porn which basically just reiterates why

you shouldn't be investing in the stock

market which is also very

stupid it's all bad it's coalescing fear

into a water cooler of cancer that's

what it is you got to stay away from

this garbage

it makes you feel bad looking at

people's gains and it doesn't make you

feel good about the stock market seeing

people get wiped out

it's emotionally stupid and this is why

i call my program on stock stocks in the

psychology of money because folks we are

our own

worst enemy and we get attracted to the

stuff that is absolutely

wrong to be attracted to after all why

is it that when an appraiser tells me my

property is worth 680 000

instead of 725 000 despite the fact that

i have multiple offers on it that i

would somehow be convinced to sell it

for 680 000

i'm not see in real estate i laugh i

roll my eyes and i call up a different

lender to get a different appraiser

because when i have multiple offers i

understand market value

just because somebody has an opinion

that is different from mine

doesn't mean i have to agree with them

the same is true in stocks

just because the stock market is being

an emotional crybaby doesn't mean i have

to part with my shares

after all last i checked i didn't lose

any ownership in the companies i owned

it's just some stupid market that

decided those shares were worth

less but i still own the same number of

shares i had last week

instead actually this week i added and

we're about to talk about arc invest but

let me go through this first with you

just so i can prove to you that when i

say

buy the dip i actually buy the dip and i

don't just talk about buying the tip

this week in reverse order so i'm

starting on on my friday i just

basically scrolled up through my stocks

and

money alerts and i'm going in reverse

order so the alerts i sent out

uh this week which it was a dippy week

so some of these are up some of these

are slightly down

that's okay in the long run i'm very

confident in all of these plays because

i'm buying companies that i'm excited

about

i even added a new one which was airbnb

this week i'm going to be going deep

into this one this weekend

and who knows maybe we'll start a larger

uh portfolio in that one

anyway i bought uh 10 contract call

contracts at 45

for neo i paid 20 300 for those expiring

in

january 2023. i bought those when neo

was trading at pretty much the bottom

around 44.50

we'll see how earnings go it could trend

down more after earnings if earnings

misses on monday so

a little bit of risk there a hundred

shares of airbnb for a cost

of 185 dollars each so eighteen thousand

five hundred dollars twenty seven

thousand five hundred dollars in a tesla

call option

seven hundred dollar call option for

march 17th 2023. earlier in the week i

also put 39 000

into neo 43 955 dollars into end phase

about a hundred thousand dollars into

cciv diamond handing that one

34 300 into tesla 35 000 into matterport

at the

big dip on tuesday i ended up perfectly

almost perfectly timing this i didn't

get the exact bottom

but as i saw the support level form i

put my buy order in

i knew this was going up at this point

so i just put a market order in

i got my market order executed at 640.90

had i put in a limit i would probably

put it in at 635

and i would have literally sat there and

watched tesla run away from me so i got

uh about 96 000

of tesla at 640 happy about that did buy

about 55

54 000 of api and when we're all said

and done

that means during this bloody week of

blood and crashing and fear and toxicity

i ended up injecting 469 000 into my

portfolio over the last week

and i did not sell a single stock this

week i also invested well with the

exception of a very very brief trade in

and out of gamestop

i also invested 1.6 million dollars into

a private deal this week which means i

put over 2 million

into investments this week but don't get

me wrong i did

lose money i'll go ahead and just pull

up a quick spreadsheet that i made

it's easier to see it all consolidated

on one page generally i don't check my

portfolio

because it just makes you feel bad when

the market is red but these were

my before these are my before and afters

on my jpmorgan that's the only one

that i couldn't actually find an easy

way to see what my before balance was

but i know it was over

15. it could have been like 15 2 or 15

3. uh but anyway

if you can see the percentage losses

there on the right what's interesting is

even though my portfolio is down about

3.8

i'm still injecting money into this

because i'm very confident when we

rebound

which i'm patient i don't need this

money for probably 30 years

honestly probably at this point ever

i've got enough of a real estate

portfolio so it doesn't matter to me i

don't need to pay for handout it's not

going to change my life to sell any

stocks

uh this is just being transparent but

what's interesting is you'll notice that

the biggest swings in my stock portfolio

were actually on weeble and robin hood

and that's the only place i hold options

because i can't hold options at jpmorgan

and m1 finance this is one of the

reasons i do like shares a little bit

better because i do have less volatility

now sometimes that means more money on

the up but it also means less

loss on the down uh so that's kind of a

quick little update there of the

portfolio

yeah obviously that means my portfolio

is down a pretty sizable amount but

that's

okay i mean if we look at february 19th

to now pretty much everything's down

but i'm okay with that because i'm

adding to stocks at discounts that i

wasn't able to get

a few weeks ago in fact in the last two

weeks

prior to this week i shaved or sold

about a million dollars off my portfolio

to pay down margin

which really enabled me to go shopping

this week which was perfect timing

obviously you can't always time it that

way but it works but wait a minute

what's wrong with me why would i go

shopping when it hurts

so much well it's because when you buy

guess what you don't do you don't sell

when you buy you don't sell and this is

why you keep adding to the positions

that you are seeing pain in now why

would i not

hedge my portfolio why not try to buy

some puts or try to hedge

just to make sure when my portfolio

declines i don't lose

as much money well there's a simple

reason for this and this is where arc

fund

comes in arc invest see arc invest is

not a hedge fund they're an actively

traded etf so they do not hedge

and because they're not necessarily i

mean they might have certain ways that

they hedge but they're not publicly

hedging like a hedge fund does they're

not a hedge fund see the interesting

thing about ark is

ark when prices go down they just add

kathy wood

adds a ton of money to positions she's

down in but

the market people generally don't like

that when the market is falling they

want to be able to look at their fund

manager and go oh my

god are you please please tell me you're

protecting us please tell me you've

hedged

that's the point of hedge funds see

right now bloomberg has had multiple

headlines this week about billions of

dollars flowing out of arc invest funds

which when billions of dollars flow out

of our convest funds they actually have

to liquidate some of their positions

and small stocks like nano division

dimension end up getting plummeted

along the chaos and see that's one of

the unfortunate things about psychology

in our marketplace people see arc invest

falling and they panic and they sell and

they get out of arkhanvest

when ark is actually doing the right

thing they're doing the perfect thing

that they should be doing

adding to their positions doubling down

on their positions at cheaper prices

it's brilliant but hedge funds don't do

that

hedge funds instead they call up their

clients and they're like oh don't worry

look

we have these put options in place and

look how good they're doing just don't

leave

hedge funds are all about trying to keep

their clients

whereas ark and kathy are actually going

to outperform in my opinion

these hedge funds for the long term and

buy a lot by buying these dips and not

being so

overly focused on trying to hedge all

the time because when you hedge all the

time in the good times

you end up spending so much money on

premiums and tying up extra collateral

or extra money that you could be

investing

trying to hedge in my opinion i'm right

there with kathy

and arc now i have to say i disagree a

little bit with an email that they just

sent out during the recording of this

video

this email came out about 37 minutes ago

and i have to say i'm a little bit

disappointed in this email

this email came out at 5 15 p.m pacific

time

from arc at arc invest they say it's

friday february 26th

hello kevin and i'm a little frustrated

that they say that workhorse is up 24

they talk about how workhorse traded

down 47 on tuesday and then went up on

20 by 24

on thursday so they give you the feeling

that there's a green arrow here of 24

i kind of personally think this is a way

of trying to stop the bleeding for arc

invest funds

because if you actually go over to

workhorse

stock and you just type that in on

google you'll actually see

that over the last five days yeah

tuesday you had an over 40

sell-off but that 24 they're referring

to is right here where the stock went up

roughly 22

but it also quickly sold off those gains

and it's barely up four percent from

that point

yet in their email they're showing that

it's 24 up this is this is incorrect

this is not true i'm a little frustrated

by that but personally

i believe this is the kind of email that

goes out because

well first of all maybe they needed

regulatory approval for this email and

they were a little bit behind on

updating this

who knows it seems a little inconvenient

why the point here is a simple look hey

arc and kathy wood don't want to see

people outflowing

and after all they shouldn't see i agree

with arc and kathy wood

and i follow the same strategy by the

dip does it hurt to look at my portfolio

and go my portfolio is down 3.8 million

even though i added 469k to it yeah but

i know

this is what made me a lot of money when

i did this

in march of last year every time the

market was

painful i added now it's very very

simple to try to

trade these i personally just like

buying into these dips buy into these

dips and wait for those green shoots to

come back

that's my personality now there are

going to be awesome trading

opportunities coming up obviously we've

got ocgn and fisker that are running

like crazy

we'll see we had a ton of peak media

attention at fisker today

uh cnn well fisker was on cnbc yesterday

they had a cnn interview they had a fox

business interview

they made the rounds so if peak media

fades on fisker it's possible fisker

could go back to earth we'll see what

happens

otherwise maybe fisker will continue to

run even though they went bankrupt in

the past

they have a small market cap relative to

cciv so it could be interesting

the point here though folks buy the

dip diamond hand and guess what folks

i'm not leaving thanks for watching

[Music]

you