when the trade is not there,not place a trade small losses adds up — Transcript

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1. 0:00what's up guys Steven ducks here today I
2. 0:02want to talk about haer MV s pn p SP am
3. 0:06very very real market cap low flow and
4. 0:08we are shorting into the resistance I
5. 0:13would say risking that five dollar area
6. 0:16risking that four point five and
7. 0:18understanding that when the stocking
8. 0:21started slowly grinding and there's no
9. 0:24reward because there's support
10. 0:26everywhere support at too important for
11. 0:28support at reporting to support AG for
12. 0:33daughter area so we are shooting try to
13. 0:35get those 20 cents 30 cents that five
14. 0:39percent 3 percent reward understanding
15. 0:42your risk because even though there is
16. 0:46decent amount of resistance there surely
17. 0:50into it's still really dangerous because
18. 0:52there is no reward short squeeze can't
19. 0:55happen really easy like this morning you
20. 1:00shall hold it around or 75 after was
21. 1:05when action when mountains 4.1 area I
22. 1:08thinking it's gonna squeeze a little bit
23. 1:10more but this huge Kendall got stuffed
24. 1:14as you can see this almost 500k and
25. 1:18Turkish air traded and get him and going
26. 1:21nowhere so when you see a big volume
27. 1:24underneath and the price didn't even
28. 1:27change that means the selling volume is
29. 1:29very very high and when you're going
30. 1:34long you see that come on Kendall you
31. 1:36typically do not want to keep going on
32. 1:38that's probably the signal you wanna
33. 1:40sell aka our human parabolic on Friday
34. 1:46and there's no resistance you can risk
35. 1:50off in a long-term chart is training
36. 1:54massive amount of volume I am looking
37. 1:58for the continuations on Monday if he
38. 2:02caps up that'd be great because the
39. 2:04charts train brand new fresh volume very
40. 2:07very heavy so the resistance is gonna be
41. 2:09very very happy too
42. 2:13and as a short sellers keep this on your
43. 2:17watch list and once you get sort of
44. 2:20extended and creates mass and money
45. 2:23creates massive volume of back odors
46. 2:25that's where you want to start getting
47. 2:27in and I write stuff rights the downside
48. 2:30of this in the same parabolics now a TOI
49. 2:37now also I'm going to talk about a TOS
50. 2:41sorry I'm a bit sick today and you went
51. 2:46from 30 cents to almost $1 and there's
52. 2:51resistance for you to risk all which is
53. 2:53around 1.5 there's one about run dollar
54. 3:00in this area so either you can rescue
55. 3:04this 93 cents or the 1.5 seems like
56. 3:08people are shooting risky now now 93
57. 3:10cents as myself I don't like to sure
58. 3:15under $1 stock because that's down my
59. 3:18style and the Commission's are fairly
60. 3:24expensive shorting low price to stop
61. 3:27because you have to care a lot of shares
62. 3:29and we can get a lot of shares you trill
63. 3:32a lot of shares there's going to be a
64. 3:34lot of commissions so when the trade is
65. 3:43not there don't place any trades even
66. 3:46though for a week even though for a
67. 3:48month because you don't want to get a
68. 3:52rush into the stock market you do want
69. 3:55to be patient you don't want to wait for
70. 3:57the right setups to make that good 20 30
71. 4:01%
72. 4:07and that's it for guys thank you very
73. 4:10much for today you guys have a great day