You can see it's uh 20 minutes after the market opened and i had already lost uh around five thousand dollars, hey guys. Today, i want to go over a live trading recording from just a week ago, you're gon na see some blood in the water. Some real losses and some profits as well, but what's more important, is that you're gon na see a day trader executing their trading plan with planned risks, entries and profit. Taking you're gon na see some real order, entries and scaling both on the long side and the short side and managing multiple positions.

At the same time, if you watch this, video till the very end, you'll sure learn something new about day trading before we start make sure you drop a like at the bottom of the video and subscribe. If you haven't already okay, everyone, let's get this trading party started, but first of all we must start by putting on glasses because without them i'm blind. Okay, so you can see it's uh 20 minutes after the market opened and i had already lost uh around five thousand dollars. Now that's from, i think i was short, five thousand shares around the 5 20s breakdown and cras, and once you can see once that you know pre-market high broke out.

I just covered because i covered some small and covered the rest of it here um. But i was never back holding the stock short. I was already out from the five thousand shares short on 5 30.. You know cut it for a loss, it sucks.

No, it's only market open, already lost five thousand dollars. Now you can see i'm actually long at this time. You can see you know once that six dollars held that's why i had my first entry around two thousand shares around six dollars and i added on the way up around six eighties um. So that gave me an average of four thousand shares at around 656 and the goal is to because on the daily on cris um, i really thought it was gon na push towards eight and even nine or ten, and that's why i was being a really patient.

You can see you know, i was already up decently on the day um. If i just realized the this long trade i'll be able to all break even but i want to trade. My plan and my plan is a parabolic move above eight dollars and nice and potentially going higher now you're gon na see that plan didn't work and you're gon na see that i lose out on the unrealized profits, but it's all part of the game. I'm trying to be patient trying to let my trade work out, i'm not trading.

My p l at this point, if i was, i would just close it out for break, even because i really thought you can see were pretty strong and that's the reason added up here on 760s to 5000 shares one more ad, i'm checking on my other platform. Um think also just check out the daily levels and, right after i come back, you can see that split little second and down uh. You know from 760s down to 750s. Now, at this point, i think it's still holding and that's why i kept on holding it right, we're not seeing the sell aggressive selling yet and that's why i'm so long 5 000 shares with 6.8 one average, and my goal is actually to add even more into The parabolic move, but uh you're gon na see that we didn't get the move.

I originally wanted on the platform here. You can see ssr trigger um, it's also an easy to borrow stock across multiple brokers, and that's why that's really part of my thesis of why i really thought this thing was gon na can go a lot higher right, multiple factors. Now you can see me building on the loan position. I bailed out the entire 5 000 shares and i you know, got out around 730s, so you know i only locked in some small profits, but that was not what i was looking for, but the price actually just isn't right.

Price action is the key right. If it was gon na be a true breakout to go, parabolic um it really, it really shouldn't have that much trouble bouncing back to the highs, but you can see we're hovering around 750s, we're just having so much trouble reclaiming that. So that's why i just cut it um i wanted to see you know if we're gon na keep on holding and consolidate. I may join long again, uh and to see highs, but at this point you know i'm watching laser i'm trying to scale.

In short, around the 45s area, remember i, from the pre-market watches i am leaning in short bias on laser, because we're pretty extended on the daily chart. My ideal entry would have been. You know if it really breaks out to 49 50s, but you can see at the open. This thing popped to maybe 47 60s and then rejected really quickly.

Um - and i didn't want to chase down here and that's why i'm waiting for the bounce to the 45s level or view up above the up level um to start scaling on the short side, and that's where you know, i'm sure it's a thousand shares around 44.86. Okay, fast forward um, you can see that i covered small position on laser thinking that they were gon na hold 45 dollars, but once that 45 you can see it's rejecting right. Now, that's what i'm adding back into the short position. I'm sure it's only about 1500 shares, but i want to keep on adding and you can see i'm still stalking, um cras on the long side and you're actually gon na see me lose even more money on cris.

Now i'm seeing lasers rejecting 45s and that's why i'm trying to add into it the spread on this thing you know, could get kind of nasty about 20 cent spread. Sometimes so that's why i'm trying to scale in slowly without you know just slamming it on the way down. Now you can see at this point, i tried to go back to crs again. Um 2000 shares seven dollars, thinking that we're gon na hold, but it's not holding you, can see.

I'm gon na give and you're actually gon na see that i'm gon na lose even more on the long side on cris. That was a frustrating trade for me. Um. Just because you know i had some decent gains on the long side and just i just kept on losing it back, but laser i'm very, being very patient.

At this point, i'm only sure 2 000 shares around 44 um 74. um. The goal is that you know for this 45 area. 45.

45. 50 area. If it starts holding, i'm not cut it for a small loss, but i'm seeing that there's a lot of weakness around this area right you can see it cannot reclaim that level. So i'm thinking they're gon na break down v-wop and flush down to the 41 previous day, close and potentially below again remember.

This was all planned out pre-market before i entered a trade before the market even opens now crs you're going to see that i'm going to keep on losing more. If we fast forward um around here, you can see on this point. You know you can see. I slowly gave back more profits on cris.

My 2000 on the long side is down to 762 dollars, but i have my focus at this point on laser short, so i'm slowly trying to add into this position on the short side now. This is a very different trade than the cris on the short side from the opening trade um. The time horizon is different. The trade planning is different.

The risk is also different as well, and that's why i'm being more patient with laser because of multiple set up multiple factors, the chart, um and also the fundamentals and the daily charts. Most importantly, now at this point you might have seen earlier, i located some neural short neuro. It's a low flow stock, it's also on the pre-market watch list, but i prefer to just have a main focus, but i'll sometimes go in and scalp. These small cap low, float runners on the short side, mostly you're, going to see that i'm going to try to scalp neural, but my main focus and i still have the most of my size in laser now, let's fast forward to this area, you can see i'm Shorting small, just no starter 2000 shares on neuro right.

It's meant to be a scalp on a short side, and at this point you can see you know i'm watching this laser very close. It failed the 44 dollars level. You can see i added here and now. I'm holding comfortably for 2 000 shares, i'm not up a lot, but i'm trying to be patient and let it work out.

You can see i kept on going back to crs and giving back more profits on the long side now nero i'm watching this. I want to add the rest of the. I think i locate the 5 000 shares. I want to add the rest of the 5 000 shares.

So 3 000 shares more on the short side on pops and over here, you're gon na see i'm watching laser bomb ad trying to add on break out here to 480s, i'm trying to add on a short side, another 2 000 shares, but that you can see How quick that candle rejected the highs and that's the reason i just slammed it on the bid um to short six 460s, and you can see after that. Third attempt breakout. We just flush right back down and that's why um, i didn't hesitate to just short on the bid, because a lot of those times you know you see those failed breakouts once twice three times. How many times have we seen that just try to break out and just slam right back down? So for me, that's a scalp and uh.

You know that's a decent, decent, something comfortable, i'm okay with holding on the side, while i'm nursing my position on laser short at this point, i'm in this laser trade for about um half an hour now, but the neural trade and cris trade i intended to stay In them, for like 10 minutes - and that's what i mean by different trading plans - will have different time horizons and they require different kinds of risk according to your own risk, tolerance and risk and trade planning. But for me i'm looking for the big picture flush on laser and that's why you know adding to my core position size. You know kind of you know covering, but some very small and i make sure to cut, to add back in on the short side. If the trade is confirming, you can see it lower high setting up um, but once that you know the 45 failed, we never went back to 45 to retest that now.

I think at this point it's very important to kind of be aware that at no point during this trading day am i trading my p l right. I was never trying to trade to make back the initial five thousand three hundred dollars loss from the beginning. I'm still just executing my plan with this plan i wan na be patient with neuro, i'm trying to be patient with the rest of a small position. Only 3 000 shares left, i'm just trying to let my winners work now fast forward here, you're gon na see i covered most of it actually, because i'm thinking, okay, we're hovering around the 42s area.

We might actually see a bounce back to 44.. You can say i trade my position down to only about 275 shares, that's a very comfortable position, i locked in most of it, but i think the trade is not done yet. That's why i'm still stocking this stock um you're going to see me add back on the short side and cris i'm still messing around with this stupid stock and i'm still giving back profit. Unfortunately, uh you can see on the position window.

I closed up all my neural trades, i'm all out so right now, i'm in um, you know crs small, only a thousand shares seeing that we're gon na squeeze back to seven and maybe highs, but unfortunately the stock just kept on grinding um in a channel all Day, pretty much now around this time of year, where you see that i'm adding back to my short position, nothing big, i'm just adding back. Another 500 shares short around the 43s area, because i'm seeing that okay, we're still staying weak right, we're not seeing that major bounce we want to see and the volume is still relatively low on the stock. So that's why i'm thinking? Okay, like this, which might be more weakness coming in on laser and i'm all out on my neural shorts here, i'm locking in some small gains, but my focus is still on laser now fast forward. Here you can see i'm adding on the weakness on the way down.

I'm short about not 1400 shares with an average about 42-56. This is also around the time where citron research came in with a short report on laser. Now some may call this luck, but i was already positioned on the short side and luck is when preparation meets opportunity, so you can see i'm actually trying to add even more on weakness. I'm watching if we're gon na hold this previous day close level around 41.

If that holds we're going to get pretty big bouncing, i want to short into that bounce or a lot of times. You know this stock is really weak right now, i'm actually adding on the weakness you can see, i'm adding on the weakness just shorting the bed when the stock is very weak and it looks like it's about to flush. You can see volume coming in we're testing the previous day, close area around 40 dollars 90 cents, and you can see me keep on zooming out of my platform to see where it was trading the previous day. That's where you can see some decent support and resistance levels from the prior day.

My objective is to see how low this laser stock can break down to below previously close, i'm actually not covering a whole lot. I'm still short from 40 to 14, with about 1900 shares. It's not a big share size, but at this point my average is all the way up here. I'm just trying to let it work.

You can see, i'm still not trading. My p l, i'm not locking it in yet because i think there's a lot more room to go while we're waiting here um. I know some of you might be wondering this broker platform. The broker is cobra trading, that's my main broker.

Now the platform is dash trader pro, so you just connect them together and that's how you trade live. If you're interested in signing up to get the same broker and the same platform, you can use my link below to get 25 of your commissions. That's a very nice savings right there. So um you can see i'm covering into the flush around 39.

I guess 20s, my cover tongue, but actually you can see. I don't know if you saw earlier. I re-added back um on the weakness around here. So i'm back to 1900 shares around 41.50 average, but at this point, since my average is pretty decent um, i'm willing to let it risk to previously close area around 41 right.

So, even if i you know, get taken out for break even on the last half i'll, just walk away with smaller profit. But if my thesis really works out, then i'm gon na walk away with a big win, and that should be the kind of results that every trader should be expecting right, either a small loss, small win break even or big win. So you can say i got short um. The final 500 shares that gave me about 2 400 shorts around 42, 20.

Sorry, 41 20 is average and we're gon na flush right here and what's more important as a trader, is to yes just follow your trading plan and have those plans ready before you enter into the trade and that's what's going to help you trade, the chart in Front of you, trade, your plan and not trading, your p l, you can see at no given point. Am i watching my p l on the side on the corner here and trying to just break even on the day and that's something i used to do a lot uh in my first one and first one to two years i just kept on trading. My p. L - and you know that's the reason - a lot of times - the winds are very small, while the losses are very big now fast forward.

Here i only have about 2 000 shares left, i'm covering into the flushes i covered 500 earlier around 4 38 70s, or something like that. So i locked in a majority on the day. Let's see if this weakness starts to bounce if it starts to bounce i'm gon na get out, but i think at this point i'm trying to let the final trying to milk as much as possible. The final 1000 shares it's small at this rate, but it's a very good exercise to practice your patience and trying to let your winners run.

38S. 40S. You can see that i'm getting ready to cover come on cover, lock it in come on cover it up, come on. The stock is bouncing cover it up.

Okay, there we go you're gon na see me just taking a bit and covering the rest around 38 30s, and you can see at this point i'm all out of my positions. Um and the stock is bouncing back to 39 and going to bounce back to 40 dollars too so um. That was a good cover, and over here you can see it's about a minute before the market closes uh. I got short um, just some small on the neural, or only about 600 shares midday and trying to see how low it's going to fade, and i just covered that a little bit and ending the day very green about just a little bit over five figures.

Nothing big uh, but um, but it's a it's a day where i'm very happy about the way i you know executed all my plans and there you go. You just saw a real live trading, recording with some real losses and real profits, but the most important key takeaway from this video is to plan your trade and trade. Your plan and manage your risk accordingly, do not trade your pml and do not trade on emotions. If this video helped you out, i'd really appreciate it.

If you could drop a like at the bottom of the video, and if you want to receive my free weekly watch list, you can sign up with a link below as well. Thank you guys so much for watching. As always, i'm the humble trader 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 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.