What's going on everyone, i don't know if you've noticed or if anyone cares, but i actually took a week off from trading and from youtube to spend some much needed quality time with my family. They are visiting all the way from taiwan and from the united states. So i just want to spend some good old quality time with them, and every time i took a small break from the market for a couple of days to a week, or sometimes even through the long weekend. When i come back to trading, i always want to try to like ease back into trading um, so i kind of size down and just kind of make sure i still get a handle of everything.

I still know how to click all the buy and sell buttons. This is very similar to going to the gym right. If you took a month off from working out when you go back in the first day, you want to use a lower weight. You don't want to jump right back to lifting the heavier weight right away.

What am i talking about? I don't even lift weight. I don't go to the gym either, but i just wanted to be one of those people using this analogy, all right enough talk about going to the gym, which i don't do. Let's start talking about the trades. I took today sava is the first trade i took and this one i was looking for the big bounce play and, ironically, it did work, but a lot later on.

So this is actually a break, even trade. On the long side you can see on the daily chart this thing sold out for the for two days, the last two days, thursday friday um. I wasn't here, but today, pre market already started gapping up. Ssr was triggered so i was thinking they're gon na pull back to some pre-market support level to see some bounce to test yesterday's highs.

I was looking at potentially even 90 dollars, so i got long on the five minute chart. So another thing is: when i'm easing back to the market, i use the higher time frames and not the one or two minute chart, so i got in on the five minute. First of all, around 79.40 i actually added on the way up 80.70. So i'm not scared to add on the way up, if i know there's some a lot of decent upside and while this thing did spike higher to 82s um, i really thought we were gon na get much more, but maybe i was being too greedy right in Hindsight, maybe i just have should have taken the little.

What like two three points, a share profit, but i was looking for the bigger move. It was just around the 87, so even 90 dollars, like i said earlier, and this stock you can see on the five minutes kind of became a little bit choppy after i got in you know this failed the breakouts around 82s. It slammed right back down and i was watching where they're gon na reclaim this eighty dollars level um, because that would be kind of my area for stopping out and the psychological area area for support for it to continue holding up which it did later on. But not before it flushed down from 80 down to 76., you can see they did the v1 reclaimed around 80 again much later around 11 o'clock and that's when it broke out to new highs.

Overall, this turned out to be pretty much a break. Even trade maybe lost a little bit on fees, but i basically stopped out once i see that this eighty dollars not holding up well um stopped at around my average um tried it again here and also got stopped out here on 78.80. It's too bad, because the trade did eventually work out well, but just on a very different time frame, the next stock i traded is btbt. This is a bitcoin related stock um.

You can see on the daily. This thing's been rallying off after bitcoin reclaimed. The i think it was like 30, like 30 or 40 000 range um. It's bouncing off some decent daily daily charts and a lot of volume as well.

You can see this thing sold off all the way from 30s down to wow four dollars, but today um this is gapping up around nice. You can see they actually opened a little bit weaker and reclaimed around that ten dollars daily level. If you're, following our weekly watch list, this btbt was on the weekend, email in which we mentioned that nine dollars is a psychological level to hold. If this thing holds - and this can break out through ten dollars, then this ten dollars the daily level that becomes a key support intraday.

So that's the reason i traded btbt. I saw it bouncing off in the morning around nights and one to tens. I didn't catch it at all because i was busy fighting sava, but i see it broke out to 1120s and started pulling back around the 1040s and 10 level. So i did want to start building a position early on small size.

10. 40S. I even added 1060s, but i'm no. The key area is this 10 and 10 10 20 range.

So if i'm getting in early, i'm leaving room to either add or if you're not comfortable, adding, then just wait for the actual levels that you want to get long. So i added here down here around ten dollars we added 10 20s sold into some breakout more around 10 80s. I didn't really like the wicks i had done around here. I tried again here 1080.

You can see it's doing that again right now. So there's definitely some pressure around the 1080s area and i was looking for the breakout move to first of all, um sure, the 1080's area, but also 11th and high of the day. That was the ultimate thesis um. But this thing kind of had a lot of wicks around this area, so i started trimming my position here, 1060s and after it slammed back down below v-wipe.

I just got stopped out break even on the rest of the position, which is too bad because uh it was, i had a pretty good average, adding around 10 and 10 20s area, but it just didn't work. Um still was a small green trade, but i was looking for much more um, but we'll see what what it does in power hour. It might do the same thing after all. This is a daily breakout chart and the volume on this is pretty decent and as long as they are holding above this 10 and 10 20s.

Today, we might see more move. Maybe today this afternoon or even tomorrow, btbt was a nice little profit, but the biggest trade for me is actually on mrna moderna. You can see on the daily chart. This thing just kept creeping to new highs.

You can see every time if it breaks out the pullbacks are getting higher. So that's how you know all the dips are getting bought back up, and this is one of those stocks, that's also on our weekly watch list. So if you haven't signed up yet make sure to sign up for them below you get them every single sunday, it's free! You get a few stocks, i'm watching for the next week, so mrna from the weekly watchers, the key level was the 342's area. So that's also the area i was watching, so i have a line right here and but if you look at the area around 350s here that's also the prior last couple days - breakout level here here and here and you have a super small level on 352's.

So when i see mrna break out to new highs and sell off down to the prior day's closed area, i was looking at 352's and 350s. Those are the areas i was looking for to build a position for the bounce play. This is a stock i'm pretty familiar with. I know how it bounces, i know how it kind of likes to like dip a lot further than you think, to the extreme support levels.

So that's why i i long tier, as opposed to longing at previous days close so, like i said i actually sized down today, but even with smaller size, 352s, the bounce from 352, all the way to 350, 760s and then 359 20s. I thought we were going to get even higher, but um i got just sold it, so i was still a pretty decent profit. Even on small size. I did have some remaining shears left.

I added some around the 354s. I want to see if they're going to reclaim overview op and over 360s and could potentially test new highs, but it just stayed pretty weak. So i stopped out my all my position around 3 50 fours. It did have like a secondary spike to 356, but i was looking for a lot more.

So that's why i just got stopped out break even but still a very nice green trade on this one. Now it's time for our q and a's, my apologies. I haven't done these in a while, but let's get into them today, so the first one is from edgar um. I have a question.

I started day trading about six weeks ago, mostly focusing on short sale about 30 of his gross profit has been paid to my broker for commissions and locate. Is this too much, and this doesn't even include taxes so for the people who have been following me for a while? I always preach that fees and locates and commissions, that's part of the business, and i think it makes sense that as a new trader trading, a smaller account, it would be up to 30 percent or sometimes for some people. It's even 50 percent for brand new traders, especially if you're only trading for six weeks. I think that's totally fine your goal as a new trader in the really the first year is not to make money not to make a living out of it.

You're trying to build your account up and learn all the skills and the setups in order to keep on trading and building the account up higher the percentage of fees you're looking at today, 30 or even 50. It might seem high yes, but it really doesn't matter in the long run because, as you start, building more position sizes, that percentage is gon na drop down drastically like for me today. I traded a lot smaller size than normal, and my fees are only one to two percent of my entire day's profit. As you keep on growing as a trader and seo account built up all the fees, all the commissions locate.

All of that, it really does not matter later on. You could be spending thousands of dollars in fees every day, but if the profits are a lot higher, then it's definitely worth it with more size. The premium brokers, they might seem more expensive in the fees and the locates, but it's definitely worth it down the line. You don't want to be trying so hard to save nickels and dimes when you are missing the dollars.

Now we have a second question from william chung he's asking about starter size and getting into full size, and what percentage should that be? So for me, my starter. Size is usually only 10 to 20 percent, depending on the price range of the stock and depending on the setup, but generally 10 percent and i'll start adding so maybe i'll, add 20 or sometimes i'll. Just add another 50. Depending on how the trade and the setup is working out, but ideally if the stock is working in my favor and there's multiple confirmations, then i want to add to full size rather quickly as long as the risk reward still makes sense.

So hopefully those comments were helpful. If you have any more questions, feel free to leave them in the comment section below i'll try my best to answer them. So i'm very happy to be back trading in the market and very nice to end the day with a smoke green. Thank you guys for watching and i'll see you guys next time.

Hey guys thanks for watching. I hope you enjoy 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.