So today was a difficult day for me. I made money early on, but i gave back a lot due to some paper cuts on the short side which i'll show you in a little bit, but today, for both the large caps and small caps. Everything which is higher and higher and the large caps i was mostly long biased, so i was okay. Saba was actually the first trade i took on the day.

It was a pretty big short trade. For me, i had a small size pre-market on the scalp and once it starts holding out when i got out of it, i actually gave back some profit from the pre-market short, which is fine, because i was not involved in this blow-off move all the way to Nine dollars and once the exhaustion candle put in and went in short, i stayed very heavy pre-market, so some small average about eight thirties. We added some eight dollars and was so out of the pre-market size, went flush to 720s and then on the after. They open on this pops.

I shorted into the 720 730s got a nice move down to 670s and some lower really shorted a small bounce but smaller size this time, just because the stock is easy to borrow so you're gon na have to be careful because these easy to borrow stocks when Everyone's short and a stock is just kept on being held up um. This is gon na where it's gon na squeeze to the upside like it did later, and that's why i'm covering into the flush i never caught the bottom at 5, 70 and that's totally fine. I just want to make sure that i don't get involved in a short squeeze and you can see i was out of my shorts over here, so i was not involved after this. On the short side, i tried to scalp short when i came back during power hour, but the bids was really strong.

You can see the volume was very, very robust for the buying side, so i don't want to fight it. Ideally, we see a gap up tomorrow to a re for a re-short, but i'm not holding this kind of crap overnight. You can see what kind of had a slight gap down to 760s. So overall today wasn't the easiest day like both vxrt and sava.

Both of these were the the move was clean on the front side. You notice after 11 o'clock, it just kind of became more difficult. So that's why risk management is very important in this market, especially you cannot be convicted on a short side, because otherwise you can get a short squeeze like this one tesla. I was long at the open we sold off to previous day close, but at the time market was holding up pretty strong, no news up on tesla.

So this just seems like a small weakness to me and that's why i learned it very strong psychological, previously closed level and in the push - and i reloaded once we're testing this pre-market high. We stayed really really strong and i was out most of it 388 and then i was out of it around 392's and then once it broke out to this 397 area. I had a scalp short on tesla whenever i'm short tessa. It's always almost always just scalps.

Just because i'm scared of jumping in front of the train, literally, you can see the same thing here. I tried to short tesla, but really quickly covered and in hindsight should have went long because the stock is now. You know up to you, know 420s and we're probably gon na gap up tomorrow, a very decent play on tesla. It was probably the only stock that wasn't a headache for me, so that's really good apple.

I lost early on had the starter long same idea as the tessa trade, but it just kept on holding below 115 and that's why i stopped out small size on that. Stop out the other star. That was good early on until kept on going back and re-short and took lots of paper cut. The short was here around 63.

The key is, i didn't scale into it until 63, topped out and i see, there's a clear top and then you scale in short, once that top formed, i wasn't picking the tops on the way up. I was short and i was out most of it by 61 60s and then i did try to re-hit it a couple more times as you can see, and that's the paper cuts and i end up giving back some decent profit, which is um fortunate. Even though it's small size still, you can see, i tried it here, try it here again, and this is where i actually try the scalp long. You can see then make it that far on the scalp loan probably made like five cents enough to pay for lunch.

Maybe i tried it short again near the end of the day, but nope it was up too strong. It was holding up, the bids, were, you know, were there and that they are covered, because we're not gapping up so probably be gon na be another good play tomorrow. The best play on the day was actually mkl lay on the long side, and that's why i was i lost early on on small size and that's totally fine. I expected my loss.

I had the feeling that, after three days of red days today could be the reversal and then we had a huge gap down to 27 too. So the idea was that once 30 dollars, 30 50s 31 start holding. I want to add into the long position for a red to green breakout move. I stopped out early on once a break broke down the low of the day early.

I lost about a dollar a year on starter size, no big deal. I didn't go in on a long until later on, once it starts holding view up, i once in long added once we keep them, holding volume was increasing. At the same time, we broke up two previous stick: close sold, some small by re-added back once we break out above it, so the classic red to green move and then just selling on the way up and re-adding some, and i was out of it by 34 Dollars, sadly, actually kept in hindsight now it's sad, but at the time i kept a few long for a swing, thinking that maybe we can re-test even higher to 38 or 40 dollars tomorrow and but after hours we had some bad news that they are being investigated By sec, so i don't want to hold anything like that overnight. It was sad to see my swim position.

Kind of you know being cut like the day off, but that's just the name of gaming. You just have to manage your risk ammo out and kla, but it was a very nice trade on long side today. Another headache on the day still ended green, but it could have been a lot better. It was the x rt, i'm sure bias on the stock.

Just because this stock has been diluting like crazy since teens and today is the first major day, we have major volume major gap up, and this is a big short squeeze, because i bet, if i was, i was somebody shorting it i'm not going to be the Only one i made money early on very decent on the long on the short trade so very similar as mrna. I waited for a blow up move to seven dollars. Once i reject i scaled. In short, i was out of it by 640s.

I did try to re-hit it here, didn't work cut. It immediately so took some paper cuts around this area and it's this area. This is very different from holding and adding at the adding on the way up. I don't do that, so i much rather take two or three paper cuts, because i did the same here.

I tried it again. Didn't work, cut it immediately and actually had a very nice scaling around this area. I actually even tried a small scalp short. I was obviously very nervous, i mean it's a piece of company.

The real short was here on the back side after the blowoff moved to 850s nine dollars or we didn't see nine, but once this heavy rejection you can see the volume on the one minute and two minute charts. Once this volume came in around this area, that's where i know okay, this is the blow-off move, and now i wan na short the bounce and that's why i tried scaling into the stock held up very strong. You can see this bounce. I thought we're gon na reject immediately once it starts holding.

I took out some and idea in hindsight. This is where i should adding in back, but i'm not gon na lie. This stock was surprisingly strong and that's why i didn't add any more. I just had a small size on the backside shorts, a nice average about over here 780s and i covered into the flush to 740s once it starts holding.

That's why i was like this is probably not done yet and that's why it was a welt. So we'll see how this trades tomorrow and right now kind of holding the seven dollars area after hours, what a day so definitely seeing some movement momentum, picking up in both the small caps and actually mostly small caps today and the in terms of the cheaper names. Like kodak and moio and a couple others, so it's good to see that because, as you remember the last few days, i just played mostly in large cap while that is very profitable still there's some of my bread and butter strategies are based on small caps. So it's nice to see you know momentum coming back instead of everything just like selling off right at the open kodak, this one, it's a you know, look at a daily chart.

You know it will gapping up to daily resistance, but at the same time the stock has trapped so many shorts. There are many many swing shorts on kodak, so today was very interesting, so we were saying pre-market as we were planning this - that we hoped for a hold up all the way to up to 12 13 15. kind of, like we saw on this day over here. In july, while we did get the one hold up, that's about it.

So i was a little bit disappointed, but at the same time, just the fact that we were able to hold back up just means that hey, maybe the tighter shifting, maybe there's gon na, be more opportunities for the buyers to go along instead of everything just selling Off pre-market, it's healthy to see this kind of thing and it's also healthy to cut your losses. If you were wrong early, which i did you can say, i started short pretty much a size. So if i'm starting pre-market, it's always very small and something i'm very comfortable cutting if i'm wrong. So i started here somewhere here and somewhat on the spike here around 950s and once we start holding this level around 9.

30. 9. 40. That's when i actually thought there might be a long on the stock and unfortunately i loaned it.

I covered for a loss first and i learned it and i just stopped myself out because it did seem, you know like it was gon na go pre-market and then just fell off a little bit more. So at the end before i even got into the trade. After the open, i took a loss on the short side and alongside, but that's okay, because that gave me the fresh mind to to kind of get into it short after we started start holding up. I did have a starter going into the whole or 10 starter size.

The idea is that we might hit 12 and 13s, but after the young holds it just kind of dropped right away and there was literally no way of getting filled. I i tried i tried to hit the bit couldn't get filled on the short side, so i didn't get to start adding until down here, which is which is fine, there's a level right here around ten tens and ten dollars rough area. So that's why i was using. You can see that's where all these arrows out, where it started scaling and once we cannot break out above 10.

30. That's the telltale sign. Now these are the tops by the same time, whoever sold shorted on the top here around. Even just elevens man, that's amazing.

I couldn't have gotten that i just dropped way too fast and the bids were just dropping. It's just no way to hit the bid, so i did short on the way down and i missed the coverage. It would have been a very nice cover i did have to rescale and take in some small profits and some small losses on the one early. I want to be able to scale and using this 10 range, and that's why i got a very nice size once this 10 psychological level fails and we're holding below view up.

That's where i had more patience to keep on holding it. I did have some more ads, fortunately around here, 1960s or 950s, but i'm always recycling around the core size short, so i'm recycling here and adding even more so i want to build a very nice size around. I ended up having a nice 80s average on the short side i'm covering into the flush so when it finally broke down around 920s, that's why we got a nice sell-off down to 80s and then bounces after that was just really weak, so just reshorting, some and Covering on the way down - and i had a reshort here - covered some just in case we're going to be test v-lap once i reject i re-hit it, you know just tried doing that many times on smaller size. On the back side.

Again, liquidity is drying out. I mean still decent, like one million five hundred thousand shares, but still i wouldn't use the same kind of size as i did up here right, just recycling, some small shares on short side - and i was out most of it by the end of the day here. So kodak was a very good play today. I did try it alone.

The long just didn't work for me and i got stopped on the lawn. It would have been nice to be able to make money on the long side as well, but the long on kodak was a loss. For me. The second trade was a large cap, draftkings, so um the stock is holding above pre-market gap around this 49, 40's and 50 range.

That's also all-time high. So when stocks like these, you know, especially when they had the catalyst news about an exclusive partnership with what sports team was this, i just know it's from new york, so i don't remember what exactly what team exactly was it yankees? I'm sorry i'm gon na offend some viewers. Probably i i don't remember what team it was. I just remember it was a very, very big deal.

That's why i was alone bias on the stock and the strategy is very simple right. I'm just longing the dips along the strong uptrend, so some re-added some sold around the core, but i did start re-adding again over here 51-70 and sold into push-ons 50 to 60s and got stopped on the rest. This kind of sell-off was kind of bearish. To be honest, so i didn't want to take part in that and in the afternoon i just kind of left it alone, because i was busy nursing my positions, um kodak and also all the other stock m y o.

This is the other small cap that also gapped up all the way to seven dollars, pre-market or actually after hours. I was not part of that after hours action, but at the opens it just kind of started fading. This is a stock that i traded back in july or june, and i remember on this day that it's a it's a headache stock like this is a stock that pops and drops pops and drops in a channel. So having that knowledge and having that past experience, that gives me the preparation to be able to skill.

So if i want to be sure a thousand shares, i'm scalding with 100 shares each like i'm, never too big too fast, and i'm scaling with the levels right once these clear resistance levels set in. That's why i'm scaling i'm not going. Let's say over my full size: 1000: i'm not going to go in 1, 000 right here i mean, if i could, if i cover into the flush, but on the way up, i'm not gon na hold 1000 shares full size being squeezed to the upside. That's that's! The theory and that's the concept behind scaling out of your trades: that's not the same as adding onto a loser when it's most sized.

I can always cut it if i'm wrong too, so i didn't have a nice short early uncovered. Once i reached, i got hit on the wreath short i covered here for a loss cover these two arrows covered the reshoot for last, but once it starts spiking to 550s 560s. That's why i started scaling short again covered on the sell-offs and once we're holding below view up. That's where i started rescaling in shorts again and here here we re short and high, stop out some just in case we were reclaiming view up, but once we stayed really weak, i had a kind of like small size for the rest of the day.

Looking for a potential fade down to 450s, we didn't quite get that the low was 480s and i was out on the short today myo the other two large cap stocks and kla. So this one there's some news: pre-markets about company defending the stock. Obviously the ceo coming out with some statement against the short reports from hindenburg and also the stock. If you look at a daily charge, we sold off huge from 50 down to 30.

The stock was on ssr, so it's natural for the stock to start popping. So i you know waited for the pop two resistance levels: around 34 50 35s and i started short. These are actually just scope plays for me, but they they usually work out immediately. So that's why i like to trade in the same thing as nnoa.

This is not a stock that was attacked by another short fund citron this time around we sold off huge yesterday. I did trade this yesterday, but today i was not involved until the start stock squeezed to the upside, and i went in short around 40 ones. Had a nice scalp stopped out break even re-shorted on the way up around 42-70 average and i covered these - are sort of just a scalp place for me, but even with this, when they're scalps they're still like a dollar a dollar fifty scopes. So that's why it works pretty well for me, so it's nice to see that you know we're seeing some more action in terms of the small caps and bigger range and more surprises.

So you don't want if you're a short bias. You don't want to be too complacent at the same time, it's good to have these market cycles, where the buyers are making money and the sellers are making money. So you want a balanced market. That's where the traders of all types of strategy can kind of make their money, so the first play of the day was kodak and, to be honest, this one, i actually didn't, think it was going to do this kind of squeeze move and which is very impressive.

I mean this stock is probably piled in with tons of shorts from the day before, and i mean on a daily chart right, you can see this stock has been down trending. I bet there's a lot of swing shorts, so actually, yesterday last night wednesday, i actually swung some shorts overnight and i did get squeezed on the other account on my swinging account. So i took a loss on the short side overnight, but with this account day trading accounts, i started shorting some pre-market. I did think that i did thought that we were gon na keep on tanking below yesterday's close and then going lower, and that's why i assured is already on until we reclaim this 870s with a lot of volume.

So a short over here short here, i had a three shorts here that one i took a lot and after i covered for the loss actually flipped long over here. Unfortunately, the breakout in the morning was extremely like unconvincing. You can see, i longed it here after the cover loaned added some more sewed into the push, and after that, quick rejection, you can see this wick over here i just got. I got stopped out just because you know as a sock that could have just been a short squeeze and we tanked below previous day clothes and going lower, but after it got stopped out it just kept on holding this area right.

You can see all these dips getting bought back up and that's when we had like another squeeze move to um 935s for this one. I was a lot smaller just because i was already low on the stock early young and i actually tried to scalp for a little bit here over here and then i tried to flip shorts here, thinking that that was a really quick rejection and tried shorting here Shortly and i covered the short so overall, the short trade today on kodak was a loss, but like i'm not going to keep on adding adding adding to the top, i actually made money on the stock on the long side, so in a stock is gapping up. I did think about a scalp shorting at the end of the day and then buy it back for a swing overnight, but at the end i didn't i didn't, do it so we'll see what happens tomorrow. I hope we get a nice gap up to maybe 13 15 and maybe a parabolic move to 20s or above, like we did over here i was crazy, so that was the first stock i played um.

The other one was a little bit disappointing because i never got any sizing from on the short side as well as a long side. I was shorter, the um to be honest, a little bit distracted at the same time. So that's why i didn't stop out, but it was also only starter size. I was prepared for to add to a parabolic move which did happen over here, but unfortunately i was distracted and i did not show it on the top.

So the short overall didn't make money on it, but i actually lost on the long side after the sell-off, i'm done with the short side it sold off and on the bounce over here. To view up, that's what i was thinking that they could be trying to reclaim this 870s area and trying to squeeze it back up to highs again so actually went long and you can see i lost on a long side on starter size. So that's a beauty of scaling ink yeah, it's a loss, it sucks, but it's a lot smaller share sizes and then after that was a pretty slow day and then until cr df came up. So this is formerly trov, so they just changed the ticker name.

So it made everyone believe that it's a brand new company, but no it's not the same piece of third company. You know the stock was relatively low volume until much later um of a news about one of their cancer drugs or whatever. You know the same kind of i was not involved over here and i came back after lunch time. I see the stock squeezing from 1970s to like 11.

That was a crazy move. If you look at vxrt, the two charts look very similar when i came back, it was already down here. I see a very weak, a lot of selling on the tape. All the bits are just getting taken out and everyone's trying to jump the ship, because that was a short squeeze and i bet they're selling into the moves too.

So that's why i was not afraid to short this weakness here: nine dollars once that breaks down. We have a very nice flush down to 840s. I restored it on the pops here and then over here. It's where it started to reclaim and i was thinking okay, i have to either cut if it reclaims nine dollars or if the street jacks like it did here, i'm gon na.

Add him to it. So that's what i did you can see. We had a slight touch to 906 and we immediately rejected and we got back to the same kind of selling tape again. So i was really weak and i scaled in short and had a nice cover into the clothes.

I didn't think we're gon na break eight dollars and go to the 780s, but i was all out by eight tens, eight thirties, so i'm definitely very excited for tomorrow on kodak and we'll see what the market brings 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.

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