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SRRK stock was a crazy run up for 2 days straight now. While I didn't trade that the first day, I did buy the dip on SRRK stock today. A few other trades are on AUVI, FSLR, and STAF, SPI stocks from tuesday.
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What's up guys doing a mid-week recap right here so yesterday, tuesday and today wednesday's trades. Let's talk about yesterday. First, yesterday was actually a very slow day for me: um yeah, the only stocks in play, for me at least, was staf gapped up pre-market sold off, and then i shorted it small. The reason i'm leaning, in short bias, is because this stock gapped up all the way to three dollars and sold off down to 130s.

I guess that was two weeks ago. You can see on a daily chart. So that's why you know i was more short biased on this, but you also want to be careful because the stock was on ssr, but this was a pretty straightforward trade. I didn't get a huge size on it, but you can see.

I covered two already around 140s and it faded off all the way down to 120s and went actually red on the day. Next stock is spi. Now this one is a very low flow stock. You can see on this day near the end of september.

You know it ran from basically a dollar or two dollars all the way to 46 dollars, so very low float stock. On that day, it trapped a lot shorts um, but just because you know the float is low, just because it was once 41.42. Whatever doesn't mean that it's gon na go back all the way up again from today's gap up uh, you can see we had a nice gap up from you know, i guess eight dollars previously close to around eleven dollars pre-market. You know i wanted to be cautious.

Just because i know about the float structure uh, but if you look at the price action price action, trumps all right, it doesn't matter if the float is low, it doesn't matter if your chat, room alerts is telling you to buy it. If the stock is heavy. It's heavy it's gon na, sell off, and that's why i showed it at small pre-market over here um i was out most of my pre-market size. You can see it just dropped at the open and you know i didn't want a short weakness.

So that's why i was really conservative um with the ads around here. You know already really low like nine dollars and then i had some more and took it off pretty quickly so same idea as staff um, but i you know i covered way too soon. I didn't know if it was going to you know: 850. You know down to eight dollars or spike up to eleven dollars, but it's one of those days where it was pretty stress-free and i just didn't want to outstay any welcome.

So that's the two trades on tuesday so pretty slow day on tuesday srrk was running yesterday, but i didn't trade this the entire day because i never saw an entry for myself um. I thought about loneliness, but it just kept on going. You can see it went from all the way. 20.

All the way to you know 26 and then 30s near the end of the day. I just never saw an entry, so i didn't long this and when you don't see an entry, it's okay to miss the trade like you can't catch everything, but today i did trade srrk on the long side. I know a lot of people were trying to short. This they did the offering after hours yesterday for 150 million common stock offering uh just because it did an offering doesn't mean it's going back to 24 or below.
The pricing hasn't come in yet so, unless we get, the actual pricing of the offering the stock is gon na do what it does. You can see it's squeezing shorts right now, but oh it's already. On the long side, i don't like to outstay my welcome especially midday. That's one of my rules and that's the reason i'm able to stay.

You know very safe and don't have any major losses yet knock on wood. So let's take a look at the trade on srk, so you know i avoided it. The whole um, i guess the first 30 minutes of the open. I wanted to see if it's actually going to break out after some consolidation or breakdown.

If it breaks down below 30 dollars, i would have went in short, but the fact that they held the low of the day consolidate and break out. That told me that it's going to squeeze, because if you think about it, lots of shorts piled, um lots of shorts are getting squeezed like right now and that's why i thought you know if the shorts are getting squeezed, i don't want to power on shorts. I don't want to get squeezed, so that's why i loaned it um loaned it some around 34, but ideally i want the dips you can see after i loamed it sold into it first and i was loaning the dips around 33 80s um selling into the pushes Around 34, 50s and then 35s, so very nice trade. To me, this is a momentum trade.

It's not really a stock that i wan na. You know outstay loan, because this stock is very manipulative. You know it makes you think that it's really weak. Like you know, you can see it dropped below v wap and then it's breaking down here and then they are trapping and it squeezes right back up and that's the sign that this stock is is dangerous.

You know if your retail you'll probably get stopped out, whether you're long or short, and that's why you know i didn't want to outstay and it's probably going to keep on squeezing now and i'm i'm a lot and now i'm okay with it to me. I took the meat of the move, which is the front side of the move. I did try to go back and scope some, but not worth it. In my opinion, i think it's very important that in trading you have to pick your battles.

If you don't see an edge here, if you don't see an entry, it's totally fine, leaving the trade alone. You know why ninety percent of all traders fail. Ninety percent of all traders fail because they are trying to trade. Ninety percent of the stocks, if you are very selective with your setups and the stocks you trade, you will come out ahead, but if you're trying to trade, everything and following chat, room alerts left and right, buy or sell, you'll - probably not make it so next stock.

Auvi extremely low float stock. I think it's like 1.5 million shares, so very dangerous. So that's why i didn't want to get in front of it. You know it did seem like you're gon na squeeze it past 13 pre-market and i didn't want to get involved, especially when it's easy to borrow at cobra trading.
So when it's easy to borrow, you want to be careful on that. That's why i left it alone. Until it dropped um until it showed me that it's weak, it cannot hold it's pretty market highs. Um it dropped.

You know, tanked all the way to nine dollars. You know i want to short the bounces after that easy to borrow. That means there's no short, locate fees. I had some small star tree already and i waited for the major squeeze from nine dollars all the way to uh almost eleven dollars.

That's why i went in um short by shorted it, and then you know consolidated around tens. It tried to hold for a little bit. I was a little bit concerned at that point. I have an average about 10 20s after all, the ads, if they start holding 10 dollars, then in that case, for me it's gon na consolidate and squeeze back up to at least 11 60s.

Then i have to cut it for a loss. Of course, i would have, you know, stopped up for probably for 50 cents lost, but i didn't attempt actually downside holded, 9 and even further below and my best covers was around 780s and the majority was around eight dollars. So this is a very decent trade. For me as well, my third trade is actually a very small trade for me.

First solar, so they had earnings gap up earnings beats guidance raised. You can see the stock squeezed from pre-market low about no 89 90 dollars went all the way to 98 holy crap. I wish i caught the long side on the front side, but i was focused on auvi and the other stock and srk, so i left it alone. I know there's two sides to trade this just because, because solar name is very sensitive to elections and we're coming up to elections next week.

So i think you know it's great to see a no like a front sight move all the way to 98 dollars. But once market starts rolling over which around the same time over here, it's when, if you check the spy it's rolling over um, the entire market was slowly, you know, selling off, then i was looking at the stock. It's weak, it's breaking down, v-wap! So that's why? I scaled in short, um sure that some started 94, 60s and added back to i didn't get the full size, half the size around 94 30s, and then we got a major flush almost immediately after i entered. These are two minute candles.

It flushed down to 93.. You know i, of course i wish i didn't cover, but i did and actually went all the way to 90. I turned around and looked at added. My the stock is back at 91.

holy crap, so it flushed really quickly with the market um, and i was so out of the shorts. This is a very, very fast trade and that was like a 94 down to you know: 91. That's like a three dollar drop within a couple minutes, so pretty decent, even with only small size. It's still pretty nice on the day now for the q and a time from the comment section brendan's asking hi, are you short, biased or long biased? For me, i play both sides.
There there's a trade there on both sides. You don't want to always be too short, biased or too long biased. All that matters is a price action and a chart um. So you know like slsrk i saw along you know.

I saw shorts being bent. I saw that you know they're trapping shorts and holding green on the day. So that's why i went long and on the other hand, if you look at stocks that we just talked about sckt and auvi, it's really heavy, like all the all the breakouts are being sold into, and i want to join the trend to the downside. So that's why i don't usually have a bias.

I form a bias as i see each individual stocks, it's really dangerous to always want to short or always want to long. I think you need to understand both sides of the trade to help you become a better um trader. So next question: would you mind sharing us your p l's in these videos? It will be very motivational for some, so i do share them once a while, but i don't want to get into the situation where i'm obligated to show it every single day because, like i talked about in one of my videos, how much money do day traders Make whether you choose to show it your wins and losses, it's your own personal decisions right, and i talk about even more details in the video. So, that's why it's each individual's decision and no one else's decision but their own, and for me you know i'll share it once a while, but i don't want it to become like an obligation where i have to show it and there's also another thing that if You're consistently profitable, you don't really need to prove to anyone else right.

The only person you have to prove to is yourself and like i've talked about in the past before i don't really find any joy uh, you know, sharing or boasting these big p l's or showing off. You know, there's people who make more than me. There's people who make less than me it doesn't matter right. All it matters is how this reflects on the p l curve.

No is it enough for me to make a living from trading absolutely i mean i live on three thousand dollars a month and i'm sure there will be people in the comments section saying: oh she's only showing it because she had a good day today, but she Lost twenty thousand dollars yesterday, if this video gets two thousand likes and a thousand comments, you can even just leave a comment showing like a ramen bowl or something i'll show you my. I guess it's almost the end of october i'll show you my october statement once the month is over how's that um, you know, i don't have any crazy number like uh, you know half a million dollar month. I make enough for myself. It's all i'm saying again.

I really want my youtube channel to be a very positive community for everyone watching um. So that's why you know this is coming from a place of encouragement and not really coming from a place of showing off, because that's the last thing i'm trying to do. Okay, guys, so that's today's recap hope everyone had a good week if you enjoy videos like these, please remember to drop a like and subscribe. 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.

By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “My thoughts on day trading pnls – srrk, auvi, staf, spi stock trading recap”
  1. Avataaar/Circle Created with python_avatars RAW ETERNITY says:

    ET says: “Be about that action!” NOT that showing and talking 🙏🏽👍🏽🙌🏼

  2. Avataaar/Circle Created with python_avatars Leslie Whittaker says:

    Love your Channel – Thank you!

  3. Avataaar/Circle Created with python_avatars John Carter says:

    Comments
    , Comments
    , Comments
    , lol.

  4. Avataaar/Circle Created with python_avatars WmcEric says:

    JUST TO SAY THANK YOU FOR YOUR SHARING.
    台灣加油!!!
    -來自香港的朋友上

  5. Avataaar/Circle Created with python_avatars Bojan Gavrilovic says:

    Would like to see that statement

  6. Avataaar/Circle Created with python_avatars runnerback2z says:

    Thanks for the squeeky high pitched voice, the bad (funny) jokes and the motivational knowledge to make me a better trader…No PnL required…Cheers!!!

  7. Avataaar/Circle Created with python_avatars CoolKen says:

    Great video! Thanks for sharing your thought process. One question though, how do you know if a stock is easy to borrow and on SSR?

  8. Avataaar/Circle Created with python_avatars Camil2221 says:

    Hey Humbled Trader, as a Canadian citizen trading US stocks, what is the best way to transfer your money from US to CAD to limit and minimize the conversion fees?

  9. Avataaar/Circle Created with python_avatars Mark 249 says:

    Good video and great comments. Thank you and happy trading.

  10. Avataaar/Circle Created with python_avatars Gregory TomTom says:

    Great video with nice values in it. Thank you for that!!!!

  11. Avataaar/Circle Created with python_avatars mrjettech says:

    As part of the discord group I follow your comments daily. It is very interesting to see you're P/L occasionally. I understand it is not bragging on your part when you show them. Thanks for all the help.

  12. Avataaar/Circle Created with python_avatars YumanoidPontifex says:

    AMD are about to release some new products and i think things are looking good for them. what do you think about buying their stock?

  13. Avataaar/Circle Created with python_avatars Ryan cool says:

    What does it mean to the share price when a company does a s-1 filing? Will it go up or down for small cap stocks? Like useg etc. I’m new to this

  14. Avataaar/Circle Created with python_avatars Joao Marcos says:

    Are you more profitable on a bear market or bull market?

  15. Avataaar/Circle Created with python_avatars Joao Marcos says:

    Hi humble trader what are you thoughts on what can drive the stock market up to its highs since we are in a bull market!?

  16. Avataaar/Circle Created with python_avatars Justin Kraker says:

    Thank you! These videos are so helpful.

  17. Avataaar/Circle Created with python_avatars Raducu Gabriel says:

    You are so cute and lovely. Thank you! 🙂

  18. Avataaar/Circle Created with python_avatars The Abraham HD says:

    🍜 (jk, you don't have to. Even if you get the comments and likes, it's none of our business. 🙃 Wanting to see PNLs is such a FOMO trader quality.) Like… MAYBE if I wanted to buy your Lamborghini-money-guaranteed-by-trading course or if you had an alerts channel, I'd be interested to see your track record. but like… I'm just interested in your videos that make me become a better trader, as I'm sure the majority of us are.

  19. Avataaar/Circle Created with python_avatars Luka says:

    Shay, you’re incredible! Love watching all your videos. Keep up the good work 😉

  20. Avataaar/Circle Created with python_avatars Adriana Sin Ascencio says:

    🍜 We love your vibe. See you in November!

  21. Avataaar/Circle Created with python_avatars DAVID DIAZ SANCHEZ says:

    Humble Trader you are one of my mentors. I love your videos, and thanks to you I have became a good swing and day trader. Thank you very much.

  22. Avataaar/Circle Created with python_avatars quitroutinelivingourdream * says:

    I am terrified of shorting

  23. Avataaar/Circle Created with python_avatars Zev Schtroks says:

    🍜 🤣 had to post the ramen as suggested lol great video 👍

  24. Avataaar/Circle Created with python_avatars ChillCosmos says:

    Your plant. It's gone. Again.

  25. Avataaar/Circle Created with python_avatars Mehdi El Kabouri says:

    Hello, can you talk about the stock structure to know more about who is trading the stock and psychological levels that motivate them to do an action (long, short, panic…) , thanks

  26. Avataaar/Circle Created with python_avatars Luz says:

    what did you to to your hair, looks different

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