What's going on everyone, hopefully you had a really good long weekend labor day weekend and yes, i am wearing a hat today to cover up my bad hair, and you know what i say: you cannot trade well and make lamborghini money if you are not having a Good hair day, this is a fact. Kids. Over the weekend, i met up with my friend, whom you might have seen in my past april, fool's videos as maryland capital and i had the pleasure of being a guest on his podcast, the average asian boys. So if you guys are interested feel free to check it out, we talked about all sorts of topics.

My immigration story, where i got started day trading. What my former career is like and why i quit my career to go into day trading full-time eventually. So lots of really fun stuff there. It's really light-hearted, so if you want to laugh, feel free to check them out i'll put the link in the description below okay.

So let's talk about my trades right now, the first one was lucid motors lcid. This is one that i've been kind of been like stalking for a while uh when the stock tanked all the way back to from 20s down to 16 after the pipe expired last week, and today you know i'm looking for the short areas around twenty dollars. You can see the stock gapped up to twenty dollars pre-market but since then just kind of faded off into the open, so at the opec i was waiting for a push to twenties or even higher. Pretty much high is 20 20 cents and the stock.

Just there wasn't a lot of volume, it kind of pulled with the rest of the market um and it was having you know you can see on the charts here first red day, so i did short here around 1950s. I was waiting for a pop, but just never got there, so i showed it here in 1950s, i re-added down here around 1930s 1930s over here. I did cover some to take off some partial size, but i did add back in once. The stock is breaking below this 1940s area, especially after rejected v-wap multiple times.

So that's often my my confirmation to add into my short position, so i added back into it 1930s and added some more and around here is where i got out, even though it did go to 1901 um that that would kind of happen way too fast. So i didn't get filled at the very bottom. 19 was the first price target and i was thinking can actually sell off even more to like 1860s or 1850s, but we didn't quite get that um. So that's why i got out of all my position here.

In 1977 turned out to be just a little little winner, but it's not terrible for for a slower day like today. Next stock, i traded is amc on both a long side and the short side and then the long side. So amc you can see on the daily chart we're forming this huge um trend up higher lows on the daily. We have top line resistance around this 48.49 area, which you can see right here right.

The last couple of days i had so much trouble breaking through the 48 dollars area, the resistance um. You know that was near the highs. Today, the high of the day was 47 80s, and this is probably last last wednesday. Also.

The highs was 47 80s, and over here you can see this two daily charts double topped around the 48 20s and all the way back here you have some resistance around the the 48s closer to 49 syria. So that's still gon na hold up for at least today. Maybe we'll break above that tomorrow, but you're not gon na get the huge rally that i know a lot of people are looking for until we can break above the 48 40 49 area. You know, hopefully we get that one day sometime this week will be nice um.

If we break above this top line resistance, then we have room to push all the way to 52 or even 55 dollars. So that would be great if that happens sometime soon, hopefully but uh. We have been rejected for at least today so far near the highs um. So let's talk about my trade today so um.

I got long here around the 45 80s and then added into it at 46 dollars once that 46 breaks out. I know it has upside to potentially 48 dollars. It's never gon na hit exactly to the cents. You can see it went as high as 47 80s, which all the front side here from 46 all the way up here to like this little entry here, 47.

30S. All of this was the little lungs over here. So all of this is longs and once up here around the double top 4780s, knowing that there's resistance at 48. That's why i scaled.

In short, i shorted it here: uh 47 80s covered into a flush move and recovered some, so i have a small size left. I wanted to see if it's going to retest the high of the days 47, 80s and re-shored, it didn't happen. So i have a very, very small size left on the amc short covered into the flush move here: 46 60s right here and over here down here around the 47. Sorry 46 20s is where i got long and that's the thing i love about amc.

It creates a lot of big range, so it really doesn't matter whether your loan bias or short bias, there's opportunities to make money. So i got along here the 46 30s and added some more 4640s re-added here and i sold into the push here. I didn't have a remaining shares left and i got out remaining break even at 46 20s and i did go back in and try another scalp long here. Um, that's the thing with amc.

It bounces. It gives like really good, like one dollar, two dollar bounces um, by also out of the long around 46 tenths at that point around, like 11 11 30. The market was pulling a little bit. So that's why we tanked all the way back to 45 40s, and i that's why i was so quick to sell around 46 tens didn't think it was gon na go back all the way to 47.

This quick, but i'm really happy about this trade and i traded many many trades on the stock, long short and then long, but i think the bigger move would still be if the stock can break above the 48 dollars. And then we get that push to 50s 52 and maybe even 55 for 60 dollars we'll see the next stock i traded is clov. This is a stock. I had lost money on on the long side.

Back then around i forgot, which day was it maybe around here back in the end of june, so i just remember the way it trades. It feels like always feels like a little pump and dump might not be true, but i know it's one of the the stocks that people are always like hyping about on social media, but knowing how it trades. I i see that you know it's been downtrending approaching resistance around ten dollars. That's why i shorted it here around the the ten dollars area.

I got in small starter around nine eighties and i see that ten dollars reject added into the shorts nine. Ninety six and even added here, nine nineties, covered small and re-added here down here covered rest of it. I was looking for this flush down here and when it didn't happen after i get stopped out near the high of the day over here, um and only after scene, i formed lower highs and i got. In short, all of these trades are on the short side.

Um when it comes to these meme stocks, the only one i like to go long is pretty much just gamestop and amc. I don't like to trade stocks like clove or wish on the long side, because, most often than not okay. Today, it's not a good example, but most often than not a lot of times they gap up and just sell off. So that's the reason i stayed in short on clove.

I got out of my shorts up here and after seeing that this thing rejected the the prior highs of 990s and couldn't even retest 10. That's why i got in on the short side again here: re-hit it around 980's average, and i added them here 970s and gave us a nice flush down to 970s and my best cover was 950 955 956s down here nice little trade. I had a final small runner left and nothing got stopped out here at 960's and it was a good stop because you know after this thing reclaimed v wap um it just went all the way to back to highest hands and now 10 20.. So i'm actually really happy about my covers, did not outstay.

My welcome did not get too greedy and usually when i revisit the stock, you know on the same side short side once or twice i like to kind of stay away from it. So that's the reason i didn't re-enter the stock at ten dollars. I just like to take the meat of the move and see if it's going to 11 or 12 dollars, then we may get another opportunity on the short side. The last trade i did was this stock rklb.

I actually wasn't too sure why it's being pumped up, but i know it was being talked about on social media um, so i need more time to do the due diligence. So for me, when i'm trading these stocks, that i don't feel as prepared about it just turns out to be like a little scalp trade with a lot smaller size. So when you, when the trade is a scalp, whether it's long or short, you know i i definitely wouldn't go full size on it. So that's that's just my take on the little scope trades, so i shorted the stock at 15, tens and the tank to 1440s.

So that was one trade that we hit it around 14, 16 and added 1490s, and i got to scale out here and which is good because the stock later reclaimed. Look at this volume. Voting coming after about 10 o'clock reclaiming vu up and we just kind of popped all the way to new heights, fifteen nineties and sixteen dollars high of the day and now we're just kind of fading. So i'm not quite sure what's going on with this stock um.

But i know it was being talked about on social media. So if you guys uh have an opinion on the stock feel free to. Let me know and help me understand it better, because there might be another trade on this stock rk i'll be tomorrow. So i'll definitely keep this on watch and obviously i'll do my own research after the close today as well.

So we had a pretty good start to the week after a long weekend. Hopefully, you took advantage of some of the trading setups in the market today again, if you want to check out my guest appearance on my friend's podcast average asian boys, you can check out the link in the description below. Thank you guys for watching and i'll see. You guys next time hey guys thanks for watching.

I hope you enjoyed the video and the bad jokes if you want to see more day trading content, make sure to subscribe and follow me on twitter and instagram for more. If you'd like to trade with me daily and get my free weekend, watch list and trading journal make sure to check out the links below for more resources. Stay, green, stay, positive and i'll. See you guys next time,.