Trading Monthly Recap: November 2020 $140,400 — Transcript

Full transcript

1. 0:02all right what's going on guys jack
2. 0:03hello here
3. 0:05i'm gonna go ahead and make a november
4. 0:072020 recap
5. 0:08it is december 13th but
6. 0:12if you guys didn't know i got mono and
7. 0:15strep throat at the beginning of
8. 0:16december
9. 0:17so i was a little out of commission for
10. 0:19about a week and a half
11. 0:21i was still trading but i really was
12. 0:23just focusing on myself
13. 0:25and not really in too many chat rooms
14. 0:28and whatever and just focused on trading
15. 0:31and making sure that i was getting
16. 0:33better as quick as possible
17. 0:35so i am feeling better now uh throat
18. 0:37doesn't hurt as much
19. 0:38and i still am a little bit fatigued
20. 0:42and tired a lot from the mono should
21. 0:44last maybe like a couple months
22. 0:45unfortunately
23. 0:47but it is what it is and just rolling
24. 0:49with the punches
25. 0:50sometimes things happen in life and you
26. 0:53can't control it you just got to learn
27. 0:54how to accept it
28. 0:56and learn how to deal with it so it's
29. 0:59basically what i did
30. 1:00like i said took my personal space from
31. 1:03a lot of things haven't been in chat
32. 1:06rooms
33. 1:06and that probably will continue for
34. 1:09about another
35. 1:10week or so i do have a tim challenge
36. 1:13webinar
37. 1:14on december 18th so for any of you guys
38. 1:17that are in the tim challenge
39. 1:20i will be doing a webinar that friday
40. 1:22after the close
41. 1:24so if you guys have any questions on
42. 1:26what's been going on
43. 1:28like i'll be there to answer all your
44. 1:29guys questions
45. 1:31this market is just absolutely
46. 1:32incredible uh november was a really good
47. 1:35month for me
48. 1:35made a lot of mistakes but still ended
49. 1:37up being my second best month overall
50. 1:39with about 140 and 400 in profit
51. 1:44so this week was the ev week where
52. 1:47a lot of the ev stocks crashed and
53. 1:50there's a few good otcs as well like a
54. 1:52dom and
55. 1:53wndw so
56. 1:56close out the month really strong but
57. 1:59before that
58. 1:59in november first three weeks there
59. 2:01wasn't much just averaging a couple
60. 2:03grand a day so
61. 2:05you just wait guys you just wait and
62. 2:07when it turns on you slam it
63. 2:09and in december it's it's been on and
64. 2:12i've just been slamming every single day
65. 2:14really focused and trying to close out
66. 2:16the year strong
67. 2:17this year has been absolutely incredible
68. 2:20and would it really be 2020
69. 2:22like if we didn't go out with just an
70. 2:24absolute bang
71. 2:25of sector and sympathy plays and all
72. 2:27this but
73. 2:28that's enough of that let's get into the
74. 2:31november
75. 2:32recap here
76. 2:36all right so as you can see first thing
77. 2:38i'll point out is average win 1600
78. 2:40average loss 450.
79. 2:42uh still still getting good risk for
80. 2:44reward
81. 2:45not quite as good as last month where i
82. 2:47was making 2200 and losing 450 per trade
83. 2:50but keeping that average lost around the
84. 2:52same which is what i'd like to see
85. 2:54consistent losses are good uh average
86. 2:57win a little bit less so probably a
87. 2:59little bit over trading
88. 3:00i was getting really frustrated week
89. 3:02three uh made ten thousand that week
90. 3:04which was a really good week
91. 3:05um you know a couple years ago but like
92. 3:08now ten thousand
93. 3:10uh it's like it's not that good for me
94. 3:12um
95. 3:13and i was just basically over trading a
96. 3:16lot of
97. 3:16crappy setups took a couple big losses
98. 3:20um but other than that
99. 3:23we got really small average percent loss
100. 3:26cutting loss is
101. 3:27super tight as always like negative 2.22
102. 3:29here negative 1.8
103. 3:31to a little bit higher average percent
104. 3:33gain um taking a little bit less size my
105. 3:35winners then
106. 3:37compared to less than five percent over
107. 3:39here saw that it shows
108. 3:41trading my winners a little bit more
109. 3:44biggest profit was 8800 biggest loss 4
110. 3:47000. so
111. 3:48this month i actually didn't even have a
112. 3:49five figure trade even though i made 140
113. 3:52400 it just shows that these small gains
114. 3:55add up like
115. 3:56a couple thousand on a trade you make
116. 3:57that trade three times per day like
117. 3:59that's six thousand
118. 4:00that adds up you don't need to be making
119. 4:03you know
120. 4:03forty thousand sixty thousand in a trade
121. 4:06to make six figures a month
122. 4:09um it's just all about those consistent
123. 4:11gains
124. 4:12and that's what really adds up and
125. 4:15for my risk profile even this year like
126. 4:18300 on like a subpar setup maybe like
127. 4:21five six hundred on
128. 4:23decent setup and then as we get better
129. 4:25and better like i'm comfortable risking
130. 4:27one two thousand on uh really big setups
131. 4:32and a lot of times too like i will risk
132. 4:35more but like i need a cushion on my
133. 4:36position first
134. 4:38so take smaller risk and then once i
135. 4:40have a cushion then i can scale if it
136. 4:41presents itself
137. 4:43another opportunity
138. 4:48so what else do i got here win percent
139. 4:5270 73 percent so
140. 4:56that is new best win percent for me
141. 4:59and another thing i kind of want to talk
142. 5:00about too is october was my best
143. 5:03best month going long ever
144. 5:06and then november this month's this
145. 5:09month um
146. 5:11i had a new best month going long again
147. 5:13and now into december 13 days in
148. 5:15i'm at another new best long month and
149. 5:18really what this all stems down to
150. 5:20is when i took these two big losses
151. 5:23going long
152. 5:24in my e-trade account like my e-trade
153. 5:26account was very gradual
154. 5:27uh throughout this year started with
155. 5:29like 50 you know 75
156. 5:31next month like 120 and then like maybe
157. 5:34170 and it just like slowly
158. 5:36increased um but now like i'm seeing
159. 5:39like exponential growth in my e-trade
160. 5:40account which is really cool
161. 5:42like i'm starting to go up um like six
162. 5:44figures like
163. 5:45a month in it pretty much i think i made
164. 5:4780 000 in october or
165. 5:49yes 80 000 then maybe i think i mean 90
166. 5:52000 in november or something like that
167. 5:54we'll see in the stats but i took a big
168. 5:57loss
169. 5:58and then that's what fueled me to get
170. 5:59better at going long
171. 6:02where i just kind of wanted to get
172. 6:03better like my shorting
173. 6:05i did find exponential growth in my
174. 6:07shorting throughout the first half of
175. 6:08the year
176. 6:09but now it's like okay now i want to get
177. 6:10better at going long too
178. 6:12and actually if you look at my profit
179. 6:13lead right now or my stats on the air
180. 6:16um i'm closing in to my longs matching
181. 6:19my
182. 6:20shorts and i feel like a lot of people
183. 6:21didn't see this coming
184. 6:23but since i i am very bearish but um
185. 6:26like i'm just getting better at going
186. 6:27vlog i love it like
187. 6:29market's great these last few months of
188. 6:32the year a lot of stocks are running so
189. 6:34i'm i'm really happy to be able to
190. 6:35capitalize going along
191. 6:38so on to the more in-depth looked here
192. 6:41look here otc 70 of my trades
193. 6:4569 going long 60 of the time
194. 6:49winning 81 of my nasdaq trades i'm
195. 6:52very particular on nasdaq now
196. 6:55just because it's just not like my full
197. 6:58edge like my full focus is on otc
198. 7:02and if i am going to trade in nasdaq it
199. 7:03has to be a super easy setup i don't
200. 7:05want to waste my mental capital
201. 7:06on a nasdaq and burn out and then miss
202. 7:09my otc place so otc is first and then if
203. 7:11there's a perfect nasdaq i will trade it
204. 7:13and i think that really showed this
205. 7:14month i was doing a really good job at
206. 7:16only trading the best
207. 7:17and that's why my win percent is just so
208. 7:19high
209. 7:21long wind percent 73 short one for 75
210. 7:24like i said
211. 7:25best win presents i've ever had in my
212. 7:27career on a month
213. 7:29um and i just i kind of give it up to
214. 7:31the overall market like
215. 7:33the overall otcs are super hot there's
216. 7:35so many sectors in play
217. 7:37like right now the the shroom stocks are
218. 7:39pretty hot
219. 7:40uh last month the ev stocks are pretty
220. 7:42hot bitcoins floating right around that
221. 7:44all-time high
222. 7:45weed stocks were hot for a week and
223. 7:48it's just absolutely madness so there's
224. 7:51so many trades
225. 7:52a lot of trades to pick from and like i
226. 7:55always suggest just
227. 7:56do what's best for your edge like at the
228. 7:58beginning
229. 7:59i would always have fomo like oh this
230. 8:01person's making money here this person's
231. 8:02making money here this person's making
232. 8:04money here
233. 8:05i try to just like trade everything and
234. 8:07that definitely helps me grow
235. 8:09but now i'm at a point where it's like
236. 8:10okay i know my edge i know where i trade
237. 8:12the best
238. 8:13so i i don't care what anyone's doing
239. 8:15it's only about what i'm doing
240. 8:17i'm focusing on my edge and training the
241. 8:19best i can and not caring what anyone
242. 8:21else is doing
243. 8:22so that is why my win percent's so high
244. 8:25is just because
245. 8:26you know i'm fully maximizing my edge
246. 8:29and i don't care about anybody else
247. 8:32so my average winning trade was 3.6
248. 8:36times
249. 8:37pretty good as you can see here my
250. 8:39trades 140
251. 8:41101 wins 38 losses
252. 8:45profit factor 9.44 just shy 10.
253. 8:49i mean look at this uh long profit
254. 8:52factor 12.6 long profit factor
255. 8:54made 96.4 000 and lost eight thousand
256. 8:57dollars going on
257. 8:58like just absolutely blowing
258. 9:01any long progress i had out like out the
259. 9:04window these last few months
260. 9:06and i'm just really trying to figure out
261. 9:08like what it was and i think it was that
262. 9:09big loss and the market getting better
263. 9:11and that's simply all it was
264. 9:12and it's so so cool because i was known
265. 9:15as you know only making my money
266. 9:17shorting
267. 9:18and now i'm going long so
268. 9:22yeah see let's see here 88.7
269. 9:25um okay so last month was uh
270. 9:2869.6 and you see i beat my short
271. 9:33and i beat my short again so more money
272. 9:35on the long side
273. 9:36getting into the trades here as i noted
274. 9:39uh best trade was
275. 9:41uh 19.5 ours so 19.5 my average loser
276. 9:45my best trade was that is pretty
277. 9:48pretty s smaller for me like usually
278. 9:50i'll have like a really big like 40 or
279. 9:5250 r trade
280. 9:53every month like like i said no five
281. 9:55figure trades and it was just singles
282. 9:57just adding up and as you can see here
283. 9:58like
284. 10:00the amount of four figure trades it's
285. 10:02kind of overwhelming
286. 10:04um it's just all all nice trades right
287. 10:09and this is what really just added up
288. 10:11and made the bulk load in my month
289. 10:12and then some smaller like singles and
290. 10:15then just
291. 10:16like break even cutting first close to
292. 10:17break even as i can
293. 10:19and then as you come down here you know
294. 10:22two four figure losses and the rest are
295. 10:26you know some of our close here i would
296. 10:28count these as full size losses
297. 10:30but the rest just really small paper
298. 10:32cuts
299. 10:34so i'm only taking you know a couple bad
300. 10:37you know parentheses bad losses uh per
301. 10:40month
302. 10:41and that's you know that's how i like it
303. 10:44um i would like maybe a few
304. 10:46big trades but november's still very
305. 10:48very solid you know i can't complain too
306. 10:50much
307. 10:52and now i will get into some charts for
308. 10:55you guys
309. 10:56let me just pull it up
310. 10:59since it's mainly the ev stocks this
311. 11:02month
312. 11:03and electric vehicle of course um i just
313. 11:06kind of want to talk about tesla
314. 11:09this stock is just absolutely incredible
315. 11:12i probably first started
316. 11:14following it like four years ago
317. 11:17and one of my friends kept buying it
318. 11:20like way down here like
319. 11:21100 bucks 200 bucks and
320. 11:26you know this thing flew and this was a
321. 11:28thousand dollars a share or 900 or
322. 11:30something before
323. 11:30the split and i was like okay this thing
324. 11:33like that's the top right that's the top
325. 11:35you know pulled super hard with the
326. 11:38market and i was like yup that's the top
327. 11:40and as you can see from there this thing
328. 11:42just rallied
329. 11:44and it's just gone like absolutely
330. 11:46bananas
331. 11:47from the spill split price you know 67
332. 11:50pre uh post split 67 to 650 like 1000
333. 11:54percent
334. 11:56after it already had done this insane
335. 11:58move to
336. 11:59a thousand before the split so
337. 12:02i think it would be somewhere around um
338. 12:06actually i'm not even sure the price
339. 12:07would be pre-split but
340. 12:10this thing's just absolutely incredible
341. 12:11and i was really stubborn
342. 12:13all along with it i was like nope it's
343. 12:15not possible it's not going to do it but
344. 12:18just kept proving me wrong so maybe next
345. 12:20time i see something
346. 12:21like this in the large caps i can take
347. 12:24advantage with potentially investing
348. 12:27um it's just all the hype guys it
349. 12:28doesn't even matter like with the
350. 12:29company
351. 12:30like stocks stocks really just trade
352. 12:33like the hype
353. 12:34and this thing just kept holding every
354. 12:37technical level
355. 12:38kept pushing hype's still there and
356. 12:41just insane so
357. 12:44now that there's that you know this was
358. 12:46in e v e v
359. 12:47ev um tsnt tsmp did pop up that's mainly
360. 12:52a december trader
361. 12:53v ryf some trades
362. 12:56so we can talk about blnk
363. 13:00because this was an amazing supernova
364. 13:05this daily just held really well and we
365. 13:08got that full supernova move to 35 bucks
366. 13:12and it honestly looks like it's setting
367. 13:13up still which is a little insane
368. 13:16for higher but we'll see um
369. 13:20getting into uh intraday chart i did
370. 13:23short it this first red day
371. 13:26so we have that you know blow off
372. 13:27extension from 10 to 30 bucks
373. 13:29one two three four five six six green
374. 13:32days
375. 13:32three days of holding green to red which
376. 13:34are kind of the blow off parabolic
377. 13:36volume
378. 13:37so this is exactly my edge um
379. 13:40getting a huge over extension looking
380. 13:42for the first red day
381. 13:45pull up a 20-day chart here
382. 13:50and this was it the
383. 13:54overextending gap down set up on it so
384. 13:56what i was hoping for
385. 13:57was not this setup um
386. 14:00unfortunately it kind of failed this
387. 14:03morning but
388. 14:04i saw this into the close this day i was
389. 14:06like all right it's gapping up like i'm
390. 14:08expecting this to go parabolic like 50
391. 14:10bucks
392. 14:10and crashed like 25 like halts and just
393. 14:14insane volatility
394. 14:15kind of like aprn that's what i was
395. 14:17going in expecting
396. 14:19um but that's not what happened and we
397. 14:21started failing
398. 14:22here pre-market so i just adapted i'm
399. 14:25not going to take the same kind of size
400. 14:27that i was going to take
401. 14:28if it did what i pictured
402. 14:32so basically green red was somewhere
403. 14:33around around right here
404. 14:36took a couple of jabs into these first
405. 14:38dips and
406. 14:39just caught because i didn't want to get
407. 14:41caught into this until it fully broke
408. 14:42and confirmed
409. 14:44so took a couple of uh dabbles there
410. 14:46just cut them and then eventually got it
411. 14:47right and i did short some here
412. 14:49started washing and then from there i
413. 14:51was just covering on the dips and
414. 14:53shorting the pops trading
415. 14:54all the way down took off a bunch uh
416. 14:57here
417. 14:58and i think i built like a two or three
418. 15:00k cushion on it
419. 15:01uh from pre-market and then i provided a
420. 15:04perfect balance opportunity back towards
421. 15:05red to green to this resistance
422. 15:07scaled back in it failed and stock just
423. 15:10washed
424. 15:11out at the open um covered my short
425. 15:15around this 25 went long and uh
426. 15:18sold into the pop-up here for dollar
427. 15:20share a couple dollars a share
428. 15:21and then ignored it missed this last
429. 15:23wash out here because it as
430. 15:26it gets farther away from green road
431. 15:27like i don't want to short the pop so i
432. 15:28want to wait for a big rebound to short
433. 15:30um i like shorting pops close to v wap
434. 15:34so eventually it did wash out didn't
435. 15:35long any down here but
436. 15:37um this thing ripped and i started
437. 15:40getting short somewhere
438. 15:41in here and just scaled into it into the
439. 15:43resistance was congruent to rub
440. 15:45and then it failed and i was covering
441. 15:47some of b walk covering some of these
442. 15:49flushes and then covered my last
443. 15:52last of my shares when i broke this
444. 15:54trend right here uh broke over this high
445. 15:56covered the last of my shares kind of
446. 15:58got a little bit choppy
447. 16:01and then i saw that this down trend
448. 16:03right here is breaking
449. 16:05this kind of trend kind of failed to
450. 16:08squeeze through
451. 16:09so i got pretty short somewhere in here
452. 16:11under v wap risking uh this top up here
453. 16:14and started failing
454. 16:17was covering into the dips i think my
455. 16:18best cover was here at 27
456. 16:21got short at like 29 29 something
457. 16:23covered at 27 for another couple hours
458. 16:24this year
459. 16:25and missed all this didn't trade any of
460. 16:29this
461. 16:29didn't swing any overnight which was a
462. 16:32mistake
463. 16:33this balance looking in hindsight was a
464. 16:35good first swing entry
465. 16:36and uh covering down into the morning
466. 16:39morning washout
467. 16:41so not exactly you know an a plus plus
468. 16:44plus plus but it was
469. 16:45i would say b plus a setup uh scaled
470. 16:48into it was happy with how i traded it
471. 16:50uh we can talk about mmedf which was a
472. 16:52great long
473. 16:54um got in the 20th out to 24th
474. 16:57so i was swinging it for a couple days
475. 16:59probably in and out don't really
476. 17:00remember my exact trades
477. 17:02on this as you can see
478. 17:05uh stock has really kept soaring up to
479. 17:09stocks really going supernova right now
480. 17:11um so this day right here is when i got
481. 17:14into it so the last of my shares this
482. 17:15day
483. 17:16so as you can see it's just a clear otc
484. 17:19breakout
485. 17:20this should scream in everyone's face
486. 17:22nwbo
487. 17:24um same kind of daily chart right near
488. 17:26the one dollar mark
489. 17:28if you want to type in nwbo here
490. 17:33you know same chart dollar breakout
491. 17:37and there we go so that's immediately
492. 17:40what i was thinking
493. 17:41with the consistent volume shroom stocks
494. 17:44like i said beginning they're hot this
495. 17:46thing just went this thing went on the
496. 17:47next leg
497. 17:48past you know this this move was already
498. 17:50nice
499. 17:52and then held up and kept going so now
500. 17:54to get into the trade
501. 17:55pull up uh
502. 17:58uh 30 day one minute here
503. 18:07so this was kind of the consolidation
504. 18:10above the one dollar level and it was
505. 18:12just absolutely gorgeous really slow but
506. 18:14really put in that support
507. 18:16and i was trying to long it pretty much
508. 18:18every day i was trying to log it this
509. 18:20day this day
510. 18:21like when it's just right near the
511. 18:22multi-day breakout and then i started
512. 18:24going this day and one thing that i
513. 18:25noticed was
514. 18:26this is different kind of action right
515. 18:28where this was just going sideways
516. 18:30they kept going sideways but like once
517. 18:32we have a dip and then we start grinding
518. 18:35i was like all right this is probably
519. 18:36the breakout and they're gonna make it
520. 18:37because a lot of people are used to
521. 18:39getting
522. 18:39you know one or two cent risk and then
523. 18:42when it broke up this time like you
524. 18:43needed probably like six or seven cents
525. 18:46so i thought that they were trying to do
526. 18:47this on purpose so people
527. 18:49you know they were teaching people to
528. 18:50buy it it just kept on not working
529. 18:52and then when we did breakout this is
530. 18:54the time it worked
531. 18:56so i got a small piece unfortunately
532. 18:58because the wrist was wider and then i
533. 19:00added into it
534. 19:01near the close and i just sold into
535. 19:04this action up here it kept going and
536. 19:07then once it dipped
537. 19:08perfect uh re-entry spot down here um
538. 19:12got in like 150 risking 145 146
539. 19:16you know gapped up huge and this was the
540. 19:18majority of my money i think
541. 19:20and then uh unfortunately i left a lot
542. 19:22on the table because i sold it right at
543. 19:23the open i was super happy with the gap
544. 19:25it went from 150 to you know 170.
545. 19:27so i'm taking that 20 cents i think i
546. 19:29had a
547. 19:3025 000 shares so that was a quick 5k
548. 19:33majority of the trade right there
549. 19:34over half then it failed and uh i did
550. 19:38actually short this action too i shorted
551. 19:40this breakdown
552. 19:41um you can just see very simple uh
553. 19:44if you think of an ot swizzle think
554. 19:46about exactly it doing the reverse way
555. 19:49so bottom bottom bottom tighter range
556. 19:51tighter range
557. 19:52biz getting taken out shorted here uh
558. 19:54covered two thirds into the washout
559. 19:57and then kept the third and move my risk
560. 19:59to this high into the close
561. 20:01covered right there and unfortunately it
562. 20:03did come back down and then
563. 20:04wash out more so i missed uh missed a
564. 20:07little bit on that but that's okay
565. 20:11because i stuck to my plan
566. 20:14so that was that trade best long best
567. 20:16short um
568. 20:19now i can go over my worst trade which
569. 20:21was f cell
570. 20:24and let's pull this one up
571. 20:30so it's getting the daily first so the
572. 20:32day i lost big on it was this day right
573. 20:34here
574. 20:35and as you can see the daily was super
575. 20:37nice like it had broken out
576. 20:39over three hold on yeah 350 was the
577. 20:42breakout
578. 20:44um pretty much multi multi-year breakout
579. 20:48in the hot sector stock absolutely
580. 20:51ripped and then
581. 20:52i kept wanting a big trade this week
582. 20:54because everything was ripping
583. 20:55[Music]
584. 20:57and i was just fighting all all month
585. 20:59for something a big one
586. 21:00and eventually this came along and i was
587. 21:03like okay i'm gonna scale into it this
588. 21:05day because
589. 21:06you know we have one two three like one
590. 21:08sideways day one
591. 21:09one blow-off day and then two huge wicks
592. 21:12up here near six bucks
593. 21:13so obviously it was super heavy uh near
594. 21:16six these two days
595. 21:17so i was like okay this thing's probably
596. 21:19gonna pull back to you know the 470s
597. 21:23and that morning kndi
598. 21:26was also going and it was on this nice
599. 21:28multi-day run
600. 21:30and i missed shorting this pre-market
601. 21:32and i did an offering
602. 21:34in gap down huge so you know i missed
603. 21:36two or three dollars a share
604. 21:39and i was like all right i need to get
605. 21:42it back i have to make it up with size
606. 21:43somewhere
607. 21:45so unfortunately i took way too much
608. 21:47size on fsl this day
609. 21:48i think i had 50 000 sure short um
610. 21:52and i lost the good thing is i cut this
611. 21:54so quick because i knew the position i
612. 21:56was in
613. 21:57and i'm just self-aware of what i'm
614. 21:58doing like i know i'm taking a lot of
615. 21:59size because i want a
616. 22:01big trade and this setup really just
617. 22:04didn't deserve it it hadn't gone the
618. 22:05extra mile yet
619. 22:07um you know 350 to 6 bucks like not even
620. 22:10100
621. 22:11so and the daily is choppy
622. 22:14so now to get into the intraday
623. 22:24um yeah so
624. 22:27[Music]
625. 22:29nope dang it
626. 22:40yeah so it was this day right here
627. 22:45and as you can see it just i thought
628. 22:47this was the blow off here this thing
629. 22:48just absolutely rip-sticked
630. 22:50and then it failed to break out over six
631. 22:53bucks and continue
632. 22:54and had that failed follow through and
633. 22:55put in resistance right here in the five
634. 22:57and the low fives
635. 22:59next morning we gapped down and kndi did
636. 23:02the offering so i was like all right the
637. 23:04sector is going to fall apart
638. 23:05we're gapping down and i was just i was
639. 23:09uh smacking it pre-market probably had
640. 23:11like 20k short
641. 23:12and then uh it just
642. 23:16it kept holding and it it dumped out of
643. 23:19the open
644. 23:20unfortunately when it popped back
645. 23:21through like i was taking a lot of size
646. 23:23into these pops here
647. 23:24just risking you know red to green was
648. 23:26like 3 30.
649. 23:28so i think i had like 50 000 shares um
650. 23:32maybe from like 522 523 and
651. 23:35i s i just felt it coming uh mark crook
652. 23:37was warning me about this one because
653. 23:39plug was strong
654. 23:41and it just squeezed right here and i
655. 23:43just took it off
656. 23:45and that was obviously a good move
657. 23:47because it just continued to squeeze
658. 23:49higher continued to hold higher
659. 23:51and then next day it just it just went
660. 23:54just
661. 23:54sent it and uh then i did have a good
662. 23:58trade on it this day and i made more
663. 24:00than i lost on it i lost 4k and then i
664. 24:02made
665. 24:048 or 9k shorting and 7k going long
666. 24:10so this day it just went parabolic at
667. 24:14the open a lot of times
668. 24:17we see the setup and once it fails and
669. 24:19like if the bounces are really weak
670. 24:21we see an all-day kind of fade pattern
671. 24:24so after this thing
672. 24:25slammed down i got short and these pops
673. 24:28to the nine
674. 24:29nine dollar area risking 10 bucks right
675. 24:32here
676. 24:32um i wanted to see it stay super weak or
677. 24:34i didn't want to be in the trade
678. 24:36and i covered into this washout covered
679. 24:39covered some more into these washouts
680. 24:41but then i just started chopping myself
681. 24:42up um
682. 24:44when it was kind of when it held the
683. 24:46higher low here i covered my shares
684. 24:48and then eventually i got back in
685. 24:51over here covered my shares again and
686. 24:53then just missed it i missed
687. 24:55this fade but the good news was okay if
688. 24:58i missed it i'm just going to play i'll
689. 25:00play the trend reverse
690. 25:01so where i should be covering i was
691. 25:03going long for the bounces i was going
692. 25:05long in here selling into the bounces
693. 25:07long down here selling into the bounces
694. 25:09and i had a great read on the stock i
695. 25:11was cutting super quick if i was wrong
696. 25:14and then eventually after it was fading
697. 25:16all day this was my best trade on it
698. 25:18um once i see this weak low a day right
699. 25:20here
700. 25:21i saw this week week low day as you can
701. 25:23see like when i was breaking low a day
702. 25:25it would sell off a little bit more
703. 25:28but this was super weak and i ended up
704. 25:30starting to get long right here at 660.
705. 25:33just thinking that like shorts are going
706. 25:35to cover under the clothes because it's
707. 25:36been down for so long they don't want to
708. 25:37hold it overnight
709. 25:40and then i just once it came back and
710. 25:42then kept and then held right here i
711. 25:44added more shares
712. 25:45knowing i was going to risk this low and
713. 25:47i think i got
714. 25:48um maybe like 10 000 shares from like
715. 25:52660s risking this low and
716. 25:56just exactly what i thought i just
717. 25:58squeezed out
718. 26:00uh squeezed up short started covering
719. 26:02and i started selling
720. 26:03into the low sevens and i did get my
721. 26:05best sell up here in the 770s
722. 26:07i think i made 7k on the trade overall
723. 26:10and
724. 26:10uh we can actually look yeah so that day
725. 26:14that was my loss 4k
726. 26:15shorting it and then uh
727. 26:20fsl short made 8500 on the short and
728. 26:23then
729. 26:24made 7.3 000 on the long
730. 26:29so that was cool that day to uh take it
731. 26:32for both sides
732. 26:33a little upset i missed a short a little
733. 26:34green rad but it is what it is
734. 26:37uh abmo we can talk about this one last
735. 26:40one here
736. 26:41this is my best overnight trade i've
737. 26:42ever had my best swing trade
738. 26:44um this was an ev stock and
739. 26:48actually if you look in the filings they
740. 26:49have warrants at 25 cents
741. 26:52so one for being an ev stock two for
742. 26:54them having warrants at 25 cents
743. 26:57i was actually uh started buying this
744. 26:59somewhere i think this day
745. 27:01and just risking this base like i sold
746. 27:05it
747. 27:05down here somewhere lost 500 bucks but i
748. 27:08was still watching it because
749. 27:10you know this was this was holding this
750. 27:13uh previous breakout levels up here and
751. 27:17it's basing
752. 27:18had big volume this day so i was still
753. 27:20watching it
754. 27:21and then this day it popped up and
755. 27:24it was my day okay like this is a strong
756. 27:26first green day increased volume
757. 27:28you know if you look at the chart back
758. 27:29here um strong first green day with
759. 27:32not strong but you know a trend change
760. 27:35on the daily
761. 27:36where like it's actually a strong daily
762. 27:37candle like look this is very similar to
763. 27:40this right
764. 27:42and i started picking up shares near the
765. 27:44close this was on um
766. 27:49right around thanksgiving and
767. 27:53now we get into the intraday
768. 28:00oops oh god
769. 28:03so this was it and i it
770. 28:06it got on my radar right here i broke
771. 28:08the high of the day started dabbling
772. 28:10here in 17 cent range
773. 28:13and then as it closed oh this was the
774. 28:15half day okay
775. 28:16this was the half day yeah so as it was
776. 28:20consolidating up here i was just uh
777. 28:21buying it on dips i think i got like uh
778. 28:2450 something thousand shares long
779. 28:25overnight and
780. 28:27it closed at like 18 cents i think i had
781. 28:29an 18 for average with like 56 000
782. 28:33and then as you can see beautiful you
783. 28:36know
784. 28:3618 to 39 gap up like
785. 28:40there's no way i'm not taking that
786. 28:41because i know they're gapping up to
787. 28:42dump the warrants
788. 28:44and they gaffed it up and unfortunately
789. 28:46i only filled some shares up here
790. 28:48i think i got a 38 fill on some and then
791. 28:51the rest i had to sell 30 cents
792. 28:53so i missed a good deal of money
793. 28:57um from not getting a perfect execution
794. 29:00i actually got stuck with 10
795. 29:01000 shares i just sold those into the
796. 29:02balance up here at 28
797. 29:05but no need to like try to hold on to
798. 29:07that thing that's going higher there i'm
799. 29:08taking that gap all the time
800. 29:11that's my best swing trade um
801. 29:1455 i did try buying 10 000 shares near
802. 29:16the close for another swing but it
803. 29:18failed
804. 29:19so uh that's why it says that but
805. 29:24that is basically it guys looking at
806. 29:27like almost 30 minutes on the video so
807. 29:30um i think it was a good one uh better
808. 29:32late than never you know
809. 29:33and december's just been on fire for me
810. 29:36so i'm looking
811. 29:37looking forward to sharing uh my
812. 29:40progress here and seeing
813. 29:42my staff at the end of the month other
814. 29:44than that
815. 29:45let's keep it up and keep working in
816. 29:46this market so much opportunity stay
817. 29:49focused
818. 29:50later guys