Whoo YouTube Team keep it clean. What's going on is engraving here with another video and in this video shout out to my son Carter right here He's busy watching his cars video, but in this video Whoo This was a rough one This was a rough one Well for one team that is Wow Anyway, let me introduce myself me. I'm a engraving vids This is my YouTube channel engraving vids and I'm a Ravens fan and even though I'm a Ravens fan As you can see what we getting ready to do Let's talk about one of the many NFL teams because that's what we do on this channel.  I know y'all are going through it right now Y'all have been going through it a lot this season so far now oh Make sure if you haven't you subscribe to the YouTube channel turn your notifications on if you haven't already and also like my boy Ryan Malis has every single video Make sure you leave a like on a video. It's free. It's free now Yes that press got we knew that the pressure was gonna be on that press got this season, but I Felt like that pressure was going to be on him with Ezekiel Elliott in the backfield too reason I thought the pressure was gonna be on him this season is because He did so good last season his numbers were so great last season and the Cowboys had a lot of success last season so now The pressure was on even more because he lost his best buddy favorite running back Ezekiel Elliott So what do quarterbacks do when they lose their best running back? Well Depends on what type of quarterback there y'all and a lot of people feel like that has been exposed now Now with me starting the video like this. I actually got to apologize. I need to apologize The reason I need to apologize is because Chargers fans. I completely apologized for disrespect to you So congrats to the Chargers fans on a win. I don't want to start this. I don't I shouldn't be starting this video off Just going off about Cowboys Because there was another team out there too and that team just beat the Cowboys that being the LA Chargers I got to get used to saying LA Chargers. I'm still not fully used to it yet, but I'm getting there But so shout out to the Chargers man They kept mentioning oh and really quick before we even get into this Thank You Tony Romo for bringing life into commentary Thank You Tony Romo for bringing life into commentary Your commentary is great Your commentary is lively your commentary is excellent and I love it. I love it But now like I was saying With With the Sandy, I'll see how about say San Diego Chargers with the LA Chargers Phillip Rivers is going to be and I feel like he's going to be one of the best quarterbacks that won't ever get a ring I feel like he'll be one of the best quarterbacks that never got a ring He has been good for a long time now He's been making stuff happen for a long time now But the team that's around them It's never a complete team It's never a complete team unfortunately for him Phillip Rivers is nice He's very underrated He I feel like he is under appreciated by the NFL Not by the actual NFL but by like by fans besides Besides Chargers fans of course and I'm sure the chiefs Broncos and Raiders fans I'm sure they appreciate Phillip Rivers because they know everything that he can do and they never know everything that he's done First hand because they see it twice a year now The Chargers They just once they started once that defense got on deck and started getting pick after pick They just they didn't let up The defense stayed on them. They stayed around the ball. They didn't give anything up and The offense I loved how I Loved how when the game was over quote-unquote And the the Chargers were just trying to run out the clock Melvin Gordon the dude run so hard He ran so hard to try to get every single yard that he could possibly get He was trying to do everything he possibly could to help them run out that clock. He was doing a great job of it Phillip Rivers, I love his energy as a quarterback. I love how he even There was a play they were showing that toward the end of the fourth quarter Where he had through it was third in something and he threw a first down to a Kenan Allen Who was a monster today Kenan Ali is nice, too. I mean Kenan Allen is nice, too. I said Kenan Ali I can't believe I said that anyway He threw it was a third and maybe third and eight or something like that third and long whatever it was but he threw There you go Carter was uncomfortable so he threw a third and He threw he threw a first down to Kenan Allen and like I was saying I love Chuck I love Phillip Rivers his passion and his excitement because once he threw that first down he went He went yes, and he was like he was hyped you could tell he was hyped It's still really gonna fall asleep while I'm doing this video you that disrespectful Carter Okay, you ain't fall asleep yet. I thought he was going to though, but anyway, he just he just woke up from a nap Do you want to go back to sleep? He looked like he's fading man. Oh, you can't even see his eyes because they so low right now All right, but anyway Yeah, he Kenan Allen was a beast, but yeah, I love Phillip Rivers passion because you can tell he cares about his team You can tell he loves the game of football And he's still excited to play football Oh, I do have a fantasy team. I don't play it. I don't really care for fantasy I Mean I play it, but I don't really pay attention much to it like I forgot to set my starting lineups for this week I I knew that there were games today, and I got players in games today But I didn't even think about fantasy glad I play it, but I don't I don't play it because I want to play it I don't play fantasy because I want to and I only played to support some other people, but I'm not a I'm not big on fantasy.  What's up like that for G-Rod? Um, I feel for charges because They remind me of Baltimore when they lose guy after guy after guy after guy after guy after guy after guy after guy And they keep throwing all these different people on end reserve over and over and over and over and over and over I feel for them, but like they kept mentioning during the game They kept mentioning during the game The charges are not out of it But they mentioned the Browns not out of it too, but I'm I don't know if things change from the past two games But the charges are not out of it. They are right there in the ticket things They could make the playoffs, but if they made the playoffs, I don't want them to make the playoffs nothing against them personally But I just want my Ravens to be in there Because it's a lot of teams with that afford six fives or five and six now five and six five and five all Six and four all fighting for that wild card The highest wild card right now is the Titans and they're six and four So that just shows you that AFC ain't been killing it this year so much. They really been killing it this year So, yeah, if Ravens, yeah, you're right Ravens keep control who make the playoffs they can control their own destiny But again, this ain't about the Ravens This is about the charges and charges still got a shot to do this thing, man They still got a shot So shout out to them man, we'll see how we'll see how they do We'll see how they do. Yeah charges nice team Broncos Raiders Raiders when they want to be Raiders when they want to be Feel like they didn't they had a big game against the Patriots in Mexico. They just didn't show up They didn't show up at all so Raiders when they want to be I thought Raiders might be a powerhouse this year, but they ain't been looking They ain't been looking like that So in the Chiefs the Chiefs I Thought they were powerhouse too But I remember kept saying that I'm not even with him playing good. I wasn't always sold on Alex Smith in the Chiefs They got my respect though, but they six and four they fell off They fell off these dudes started out What five and oh? Six and oh they started out hot They started out hot Then they lost to the Steelers They lost to the Raiders And they even lost to the Giants They lost to the Giants The Giants who are winless They lost to the Giants So these Chiefs or Chiefs might be sweet, too You said the Giants, you know, you're okay Don't don't repeat that team name color. We don't know part of them What's the giant that's a team that they got two Super Bowl two recent Super Bowls, but recently they just been They've been all over the place But anyway So the charger still got a shot Oh Donnie Lee you want to watch Super Wings? You want to watch Super Wings? All right, let me change my son Netflix show. Oh, you don't want to watch Super Wings You want to you want to still watch cars? Yes, he decided to know me now so Now back to the Cowboys Does this mean that Dak is exposed? I saw what my boy Eric say let me go back up to his comment cuz I saw it I didn't read it That is not playing good at all, but it's not all on him. The Cowboys have no Y receiver at all Don't say there's he's not the same anymore.  This is when the pressure's on man This is when the pressure's on because you got to realize as a quarterback As a quarterback When things are going great. Oh, yeah, it's gonna be great Quarterback people gonna love the quarterback blah blah, but when things are going bad Quarterback's gonna be one of the first people You do want to watch Donnie Lee. I mean Donnie and Donnie and Super Wings. Let me put on Super Wings Let me put on Super Wings right now. Let me put on Super Wings for you right now Unless you oh no sing to you go you can watch sink that might be even better, but That presscott he does have a lot on his shoulders right now. He has a lot on his shoulders right now because he and What makes it worse is that the Cowboys they don't they don't have they don't have any defense Cowboys don't have any defense So with the Cowboys if they ain't got offense then they they don't have anything Because the Cowboys and it's been like this for a long time now even since the the Tony Romo days, too Because that's why Tony Romo got a lot of the blame for a lot of things a lot of people they said oh Tony Romo He's sorry. He not clutch. He not this. He not that Tony Romo's Tony Romo was nice Tony Romo was nice But with Tony Romo, he just he didn't have a defense to back him up He didn't have a defense to back him up But now that That doesn't have a defense to really back him up and on top of that He just lost his best running back.  I think about big Ben Roberts burger In his years or a lot of the years he played he had a beat-up offensive line I think about Russell Wilson right now in the past couple years.  So with the offensive line, I feel like there's no excuse It's no excuse So Cowboys got some work to do man They got some work to do You like this charges Jersey What are you doing? You want to charge this Jersey? I Can get you one son That's not your team though Anyway, sorry to have to give him a pep talk. He was touching the Jersey like he wanted it But anyway, um, yeah, well Wilson been running for his life Ravens analysis keeps saying he that that guy is getting exposed like RG3 I wouldn't say all that and RG3 wasn't bad man He um, well RG3 once they changed the offense Things went downhill and then his old his old injury. He's injury prone and It just got bad for RG3 cuz he's injury prone and then the offense changed and then career went down here And I don't know what happened. I don't know what happened to him. He's a free agent. He didn't retire The dude that what he came out in 2012 2011 2012 season he came out. He ain't retired. What is he a 560 event? It's crazy man him and Andrew luck always hurt Always hurt But only one of them still remains Only one of them got the big deal with the uh with their team It's crazy, man It's crazy RG3 still out there Yeah, they won't repeat a year to She Ravens bad bar G3 wouldn't really be a point but He's still out there But anyway moving forward Cowboys technically still not out of it yet either Yeah, they technically still not out of it either They had to fight obviously that that division is most likely going to the Eagles Like they almost got it quick clank locked up pretty much Eagles been running the show and Again, some people when I talked about the Eagles some people come through and be like always graven the Eagles haven't played anybody yet They ain't played anybody tough on his schedule there And I say Eagles don't make the schedule and that fail does and that's it That's it. You want to go back back where you want to go back. I'm gonna rewind it.  No, he ain't feeling the camera right now But anyway Appreciate y'all. Thank you for coming through. Thank you for watching I'm sure Philip Rivers and autumn charges.


Hey, everybody, it's Brian and in this video, we're going to talk about the iron condor with magic eight ball. If you don't know what magic eight ball is, it's a stock market prediction engine that I designed. The link is down below. All right. So first off, what is an iron condor? It is this, it is a huge range and this graphic is a bit misleading, but you have a range where you have max profit and then anything outside of that you lose rapidly and then it goes down to max loss. It's a little bit misleading in this graphic because we use it slightly differently. Let's dive in and take a look. All right. We've touched on what it is at a high level, but really what is a condor and how do we use it? Let's go into magic eight ball. Let's go down to whatever we're trading. We're going to do SPX and let's go down to the newest prediction. And right here, you see every five minutes or whenever this thing kicks out a prediction, it's doing trades. We got a butterfly iron condor and a vertical. We're going to just grab this iron condor. It's a neutral biased with a wide range. We're not joking when we say wide. Let's go ahead, go into think or swim. We're going to go ahead and delete that. We're going to go to our order entry and saved orders and just paste it in. Unlock it so we get the current price. Notice it is 45, 50, it's right around in that range. Now rather than just blindly hitting confirm and send, we're going to right click and analyze this trade. And you can see this is a big condor and this is huge. This is going from $39.09 all the way over to $39.80. So big, big condor. That's exactly what we're talking about here is this massive range. Now these things are constructed so that you get very low profit, look at this little box here. You get low profit and you have a bigger loss. You may be going, I don't want to do that. There's a catch. This range is so big, the market would really have to move against you for you to lose money. Basically, huge shout out to AxeOptions, there's a gentleman in there. He constructs these things. He showed me how to construct this and he's absolutely brilliant when it comes to these condors. I think I've seen maybe one or two of his fail and he does not take them to max loss. He cuts his losses early, I mean 99% of the time he's making money. It's ridiculous. So when you go in here, understand what you're doing. You're making this gigantic condor and this thing really looks at Delta and it finds the market edge, meaning the edge of profitability where you're just not going to make any money in this option chain. So if you look in this option chain, it's really just a massive condor. All right. So now that we understand this, let's dive in and take a look at some of the components. Why would you use an iron condor? That's a question I'm asked quite a bit. Honestly, stability. I know you may be thinking, now wait a minute. If you're only making $50 and you're risking $1,000, this market would have to really move against you. So you would use a condor on days where the market really doesn't know what the hell it's doing. Pardon my French, but look at this. How do you even begin to trade this thing? Just as a mere mortal. This is perfect for a condor. Look at the directional bias. It's going directly sideways. This is perfect for a condor. You enter this trade and you just watch your money grow. Now this is also used to really mitigate risk and what I mean by that is this market is so choppy. If you were to enter a vertical here thinking the market's going to rip up, you're going to lose your butt. And if you entered a vertical here thinking the market's going to keep going down, you're going to lose your butt. So you're going to lose either way. So really it's about stability and risk mitigation. Let's talk about when to take profit. That's always a tough question and honestly I'm no expert but the condor is so big and your profit is so little. When do you actually take profit? Well what I was taught again by X options and members in there is you enter this trade early in the day and you just let your profits grow but you need to make sure you collect that profit when you can. So we're going to set slices at expiration and what I do is I kind of move these here like this and we got 50 bucks. So I'll look at this magenta line. I'm looking at the number down in this box and I'll look at this magenta line and go okay so two times that is going to be my max loss. So it's about right here and then... So basically if the market were to move against me and go beyond these barriers that's when I would take my profit otherwise I will just ride this to the end of day and if this thing hits say like 49 or 48 dollars and I have to run to the store or something I would just close the trade and collect my money. There's no sense in risking $1,000 to potentially make 49 bucks. Unfortunately this is the type of trade where you do kind of have to babysit it so if you're just sitting at your desk watching YouTube videos this is the perfect trade just to collect money all day long. Now let's talk about the scary part about condors which is when to close these things. Let's just say the market moves against you and it moves against you rapidly. I mean if we zoom out here we can probably go to a 10 day and we can see yeah the market's not usually kind so like this would have been a bad day for a condor right here. You can see how it started here and it just went down down down all day and then yesterday same thing but today it's pretty stable. So if you were in a day like this where the market just moved against you all day what's going to end up happening is you'll see this price move towards your threshold and when it gets to this point you as an investor need to make that decision when to cut your losses and honestly I would much rather take a two times loss than a large $950 loss. You got to remember that as the day goes on this profit curve is going to go up into this blue line and you can actually start adjusting these lines out as the day moves on. So typically you enter these condors first thing in the morning and then as this magenta line grows you can start moving these out. Now I will warn you what I do it is a little bit different than a way I was taught in X options. He will actually set individual stop losses and if he hits that he just hits the eject button that's the actual sound effect that I make that sound. That is usually the sound of me crying inside because I was really hoping my condor would win. I've done these personally and honestly about 90% of the time they win. It's just that 10% you really got to watch because when the market moves against you it will move fast. Happy trading.