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🔽Time stamps:
0:07 $MRNA stock short squeeze
2:23 $MRNA $BYND $APDN $WATT stock short and longs
7:25 $SAEX $SNAP stock earnings
11:04 $CHK $IMMU shorts
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$MRNA stock was definitely the trade of the week, with the volatile daily bounce and buying on Monday, and a failed breakout and volatile sell off on Tuesday. Amazing opportunities both to buy and short $MRNA stock.
Snapchat stock was definitely the one that god me for a big loss this week with the short squeeze that came after earnings. $SNAP stock trade was a learning lesson for me. Do not fight the trend!
Low float penny stocks like $APDN $SAEX $CHK and others like $WAT $VXRT were great side traders as well this week.
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
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▶︎ https://bit.ly/2WIm5rJ
🔽Time stamps:
0:07 $MRNA stock short squeeze
2:23 $MRNA $BYND $APDN $WATT stock short and longs
7:25 $SAEX $SNAP stock earnings
11:04 $CHK $IMMU shorts
Trade with me
▶︎ https://humbledtrader.com/discord-room
Get my daily Stock Picks
▶︎ https://humbledtrader.com/watchlist
$MRNA stock was definitely the trade of the week, with the volatile daily bounce and buying on Monday, and a failed breakout and volatile sell off on Tuesday. Amazing opportunities both to buy and short $MRNA stock.
Snapchat stock was definitely the one that god me for a big loss this week with the short squeeze that came after earnings. $SNAP stock trade was a learning lesson for me. Do not fight the trend!
Low float penny stocks like $APDN $SAEX $CHK and others like $WAT $VXRT were great side traders as well this week.
How to Start Day Trading As a COMPLETE Beginner
▶︎ https://youtu.be/I4yiHiM8OgI
How to Trade in a Stock Market Crash 2020
▶︎ https://youtu.be/Ns32kKDCNbs
🖥️Recommended Trading Tools:
Try Benzinga Pro FREE for 14 days (use code "HUMBLEDTRADER" to get 25% Off )
▶︎ http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
▶︎ http://bit.ly/2mYKie2
Get My Trading Station Set Up & Favorite Trading Books
▶︎https://www.amazon.com/shop/humbledtrader
📝Get a FREE stock on Webull, $0 commission trading app
▶︎ http://bit.ly/2Lhtd9X
🇨🇦Questrade Canada (get $50 FREE commission trades)
▶︎ http://bit.ly/2GoeUMY
For business inquiries only, you can reach me at HumbledTraderBusiness(at)gmail.com
📊Follow me on social for more updates:
▶︎IG @HumbledTrader
▶︎Twitter @HumbledTrader18
#daytrading #pennystocks #stocks
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
Humbled Trader FAM count: 207,600
So it is now Tuesday, but I want to talk about the trade I did yesterday on M R and a on this day right here. I actually lost a lot on the front side. I was shooting the the red to green mph mRNA in that one and flipped long and for a nice recovery. But let me tell you right now that squeeze was not fun.
I started some small size and added to full size around 47 50s. You know because it's one of those stocks I tend to pop and then just sell off, and that's why skilled so aggressively so quickly and you can see. I took a fat loss right here when I'm covered in foreign loss, and that was not fun right and but you know right away. If you look at this five-minute chart 3 minute charts, the volume was kind of like the telltale and we went red to green and that nature on that's where I flipped long.
But you know I won't make a wife ripped long right away. The size is not gon na be as big as the short down here, so I took a fat loss, I'm short and slowly adding in long and that's where I made the losses back and at the end of the day I ended up no small green on The same, but it was so it was not fun. That's that's how I can say it was not fun shorting the front side. I was wrong almost right away.
I covered yes, but you know almost should have covered even faster around this 47 50 C area when ballroom was extremely strong, while holding a ball red to green and the momentum was clearly to the upside. But I'm happy that I was able to take the loss and kind of stop out and flip long and went long here and then sold into this. So all the rest and for like one last scalp, I'm happy about that. But after this squeeze so early young and that's the first trade I did on the week, I was honestly kind of like flustered and you know I was a little bit shell-shocked.
So that's. Why then record a video yesterday? I just kind of need to reflect and re-watch some of the replays and see reanalyze the price action by the end of the day. You know still small green on this name, but I was down huge at the beginning of the day. It was the first trade on the day too, so definitely kind of you know didn't set off my mindset right for for the Monday.
So so I stopped trading pretty early on yesterday just to reset okay. So that's the trade um and are in a on Monday. So how many and today I traded this so much better, which we'll talk about in just a second, but I won't talk about my loser today. First was beyond meat and it's kind of similar to my loss, um mRNA yesterday, but except for this one I was you know, I scaled a lot less aggressively than mRNA.
This way I was scaling in small pieces. So, at the end, when I cut it wasn't full size. So that's why it was okay and then I ended up. Surely should have no flip short up here or you know at the breakdown of the $ 88.00 area, which was my plan and we had a nice self after spy rejected, but this is a loss on the day.
Now, let's talk about on the a few other, pretty good trades, AP DN, starting some shorts and short at the pop towards 650 s at the Marquee open covered most into here around $ 6, nice fifty cents a share and when it starts holding six dollars. So we're not breaking down any further. That's why I got stopped out the rest of the smaller piece. The other trade Roku was another good one Roku. I had some long trace and short trades on this, and so the first long trade is lonely in the break degree, move right so very similar to the trade on mRNA. On Monday, I'm the director agree, move and then flip shorts, because, unlike mRNA in the market today on Tuesday was kind of rolling over and Roku the daily, and also the volume was telling me, that's gon na sell off. So one long way up here and flip short, you know I wish I you know I can say you know I held a majority for this flush, but I had tiny, tiny size after this. I covered almost everything up here, just because things that were holding up to vo up a little bit too well, so I had one small piece left andrey short it on this bounce and covered into here.
You can see. I try the tiny amore short down here and then i come back to shore Roku again during power hour and didn't work out. So that's where I gave back some at the end of the day, but overall, very nice, cleaner, tray blow on the front side and shorten the breakdown with a market. The trade of the day today was definitely mRNA, so I had a few tiny and long scalps here, but after seeing them we're breaking down vo up and really really heavy, and you can see you know, we did not hold Monday's highs.
So if we have held it and you know, started making higher lows, then that'll have been more polish, but you can see we failed this 4054 80s level pretty quickly and that's where I started after this tiny scalp low. That's where I started scaling. In short, we had a very nice bounce off the previous day, close also the red to green retest, and that's where scale back. In short, not had a really nice flush down, and you know I'm not gon na say I knew I was gon na.
Go all the way down to 44 from 53. I didn't know that I thought no. It was already pretty good around $ 50, so I covered a majority into $ 50. I still helped some you can see.
I realloc back chased a little bit here, but you know leaving a lot of room because you can see the selling volume was extremely heavy. All the people who got you know all the loans who got in here and with the short squeeze they're taking profit and dumping their position today. So riche order here - and i was all out at this point - went back in for a few more reassured, and this stock gives us some very nice range. So you know we short around 47 50s covered here in to 46 20s.
That's you know a little bit more than a dollar share up here as well. Didn't do as well, and I came back near the end of the day - got chopped up a little bit, trying to reshoot it, but got the got the final push towards red to green move and had a nice little 51, 50s average and covered into 50s. So overall, this is was a very nice trade on the day you know lots of range lots of volatility and a lot of follow-through and tons of areas for you to add backing. Andrey short, so you know this is definitely the play of the week so far and this other play w ATT. What I definitely could have played it better on the long side, but I all of you guys remember, but this what back in, I guess 2015 and 2016. It was heavily pumped by you know: I'm not gon na name the person's name here, but it was heavily pumped by that person and I was in back then in 2015. I was, I lost a lot on this stock, so I haven't seen this highs for a long time. You know three dollars four dollars.
That could be why I'm still scared of the stock and that's why you know you can sculpt it for like what 20 cents, but you know there was other easier and cleaner trays to play. Definitely on mRNA and Roku, and that's why you know. I don't regret. Not trading this better and taking more advantage of it, I had a terrible trading day, not P & L, wise, but trading, emotion and discipline, wise just just purely hard, just horrible, it's a red day for me, but I'm not as upset about the actual amount loss.
But it's only a couple hundred dollars, it's fine, but I'm really upset about how I treated you know. I planned out the trade on snapchat and for everyone in my desk or chat and also you know, people who get my daily pre market watchlist, but it what? Oh well for most people that talk to, but it didn't work out well for me because I didn't follow my own plan that I created and that's just kind of against my number one rule in trading always plan my trades. I did that, but I didn't follow my plan so so so it's not gon na work out unless you plan your trades and you trade, your plan - and I just did terrible execution on this. So the key level on snapchat was this 1520's area and then, after a breakout above pretty much highs, it should be a no-brainer long.
But my first trade on the stock was a shorts, terrible executions, no definitely over traded. I would say I did go back in and no started buying the dips finally up up here and sold something to the push, but I kept on flipping low and short on the street and instead of just joining a trend, I was kind of fighting it too Hard, you know, then there should be any shorts after we break above this pre market highs and then making a new high on the daily. So I mean no excuses, just terrible, terrible trading and my part - and you know this - should have being a bigger loss. To be honest, you know so usually the past few times, so I treat it like this.
The losses were, you know, triple quadruple the amount that I had lost today. I do feel like I kind of got bailed out today and that's not a good thing, because when you trade terribly, you don't want to end up okay right, so I'm gon na be, you know, watch my size and be very careful tomorrow. But this is just terrible trading, so, on this stock, I'm read on the day from this stock, the other stock, I traded a lot cleaner, and this one was just no headache: textbook pre market high retest push and fail setup. I'm short got some very nice sizes on 340s covers something to here miss the ad here, because I wasted. I was waiting for this $ 3.00 whole dollar mark to scale, in short, on the react, but you know I did someone spiked a lot of smaller sizes. You know the you know, I didn't know how hard it can fade and it did end up fading all the way down to $ 2. But I didn't know that right, so I had some short hair covered, mostly added and Walt here. So you know this trade was a lot more straightforward in my snapchat treat.
Obviously, but you know I'm so very disappointed on my own trading today, there's always seems to be some correlation between my, I guess my emotional environmental health in real life and how I perform in my trading - and you know today was not a good day and it's Definitely a reflection from my own, you know real life, my relationships, my personal life and today was just not a good day, and I kind of let my life outside of trading affect my trading discipline and trading performance today. So definitely a lot to reflect on and think about this and - and the fact is that this happened right after a very nice day yesterday from my short time, mRNA. The fact that this happened right after a pretty good day - and it's also notable and something that I wan na, keep in mind of, and can I be more aware of that tomorrow and Friday. So today I came back, I knew I was struggling a lot yesterday with my performance, my my mental side of trading so today actually size down a lot and it's one of those days where you know singles added up, so I ended up the day pretty.
Well, you know and just taking some very simple textbook trades I didn't you know I was really patient for the most part with my entries, but of course, as you can see, I took profit too long to sue on this, but you know I'm just aiming for Base hits today that's why I was quick to take the profit immu. They had some ft-ev news stock, gapped up to o-town highs, and you know this is where we had some profit taking event. I think we're seeing a lot of biotechs do this. In the last few months, and that's why you know once we break down this key level of 28 30s and we have a lot more room to go down to all the way to 25 50, except I covered everything at 2750 when the law of the day Was at 26 s can catch everything you can see.
I scaled in some cover some just in case. We start to reclaiming you know and push, but after that rejection added back to full size and covered here and cover the rest. Here you know a nice just little $ 0.50, nothing huge, but pretty much stress free, the other one. That added up really nicely on the day is chk. This one wasn't didn't hit my radar until midday when it started squeezing from 25 all the way to 31. No us actually some relative problems with the short located some short, so I couldn't get filled on ARCA, so I had to try a bunch of different routes. By the end I found one that allowed me to fill by that time. I could only feel small size.
Sony got filled couple hundred shares so um, it's a you know it's one of those parabolic short setups and shorter. Here into the on hold. We opened a gap in down covered some riad, a some into here and then added some oil in the pushes and then covering into the Viwa pretest. Then one outstay my welcome, but you can see again left a lot more to the downside, but you know just taking base hits they even with small size couple hundred shares.
You know with this kind of draw from twenty eight. Ninety all the way to you know. Twenty eight and later on 27 26 80s. It adds up even with small couple hundred sheer sizes, so nice and a win on the day.
The last one is Roku, so this one I did well on the first trade but the second trade. I was overly patient. You know I had a nice and it's just a breakout momentum, trade. I didn't hold all the way up there.
It would have been nice. You can see daily breakout and went back in to longer dip. Since I have a very small size, because I cut my size today, I was trying to you know well in to let it work and see if we retested they the day's highs, and we didn't. We touch 28 and really quickly rejected, and this we're got stopped out, gave back some small profits from the initial trade end up being a small wing of the day, but again it's very much stress-free.
I just wanted to hit singles today. I'm not looking to you know, make home runs and you know small wins base hits they do add up on a day like today. 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, watchlist 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,.
ACB Aurora Cannabis < as of 16/05/2020 this graph is money on a tree, with the economy opening and summer coming up this is bound to go up at least 100-200% close to where it was.
For this MRNA stock play, do you have your trading activity that day recorded? I’m interested in seeing the actions on your trades after the fact to see you activity that matches your recap verbally. I just not sure how your trading plan matched with your philosophy on overall day trading. I don’t understand short trading yet. I’m still in the learning mode here. These examples are very helpful. I just want to come up with the best setups for myself as a new day trader. Thanks again for all your knowledge, support & assistance with all of us out here. And I love your honest & candid YouTube videos!
Thanks for the vid! I hope you're feeling better. I was hoping for some more bad jokes but this recap was missing some 😂
really appreciate the transparency and reality. Earning that Humbled tag and teaching. One of the reasons I sub here.
Since I'm not educated on how to do thinkorswim or read the charts….. I listen to you as if youre playing your favorite video game. HAHA <3 loveeeeee
its very nice to share your honest losses we can all learn from this thanks !
you sound like you went thru a major break up. Break those charts gurl, get it!
I have beyond and mrna.. I’ve been losing money from both the past week 😭😭😭😭
your affiliate link webull is not applicable to Canadians☹️. I thought you recommended it only because you're Canadian. is there any better and cheaper broker other than Quest trade? don't like interactive brokers
great video😃don't think I will open a questrade account because of the many complaints at BBB. clients complained that they got charged interest of at least 300 US – 3000 dollars for buying US stock that the brokerage was not transparent about it. in addition to the 1.99 percent conversion fee, it is not worth buying US stock at all.
Hi Humble Trader, Thank you for you all videos , Please make video on Risk Management.
Hi Humble trader! I was wondering if you could talk more about linear regression lines, I'm not sure if you have already covered it, or if its even necessary to know, however, i don't seem to find any explanation as clear as you make them sound. Thank you!
I always blame myself for bad trades. That's how we get better. Good job acknowledging mistakes.
I'm a new viewer, became a bagholder with UCO fri. Should I add 1000$ to it?????
New trader here. Less than a month of learning. Can you recommend any good books or courses that teach the basics? When I search all I find are people promising me to be rich with one pattern and I don’t trust that
What kind of computers monitors do you use 🤔 i love you're set up
Question: when you set a daily goal of 500$ profit and you have let's say 3 plays you planned for the day. If you hit your target profit for the day after the first play, do you still execute on the other 2 or do you walk away and be happy with the target achieved? Thanks!
Got to love your losses, they teach you how to win. Really appreciate you sharing your red days it shows the reality of trading unlike all those G wagen money gurus. Cheers HT
This review of your trades was great. Very transparent. I have watched and followed a lot of traders on YouTube and you are definitely one of the best and I’ve only watched a view videos. Thank you for your hard work!
I tried to destroy the like button. But it's still there 🙁
I tried to destroy the like button. But it's still there 🙁
Hi there, can Canadians open an account with Cmeg? I live in Montreal. Thank you!
Oh man, Traded MRNA, AMD in a similar fashion. Flipping back and forth getting killed. Always a good thing to stop and take a breather to re-evaluate the direction the ticker is going or just move on to another. I did that with INTC fighting the up trend after earnings. I recovered a small bit but it was not fun wasting time on it while watching another ticker that would have made my week.
How could you short stock like CHK? I tried to short it on both TD Ameritrade and fidelity but they never had share available for shorting
You're doing good!! Even if you don't trade options, look at the options stats/ Option chains, can give you a quick read on sentiment toward a product (especially IMP VOL and expected move). I live & die from getting a solid read From Expected move, always looking for good setups when watching: /ES $TICK $VOLD /VX /GC and the Bonds /ZN and /ZB (Noticing the bonds have been kind of operating inverse of SPY lately) Good Luck and Awesome Vids <3
I lost my butt in IMMU that day. Just a stupid mistake and an order not getting cancelled in time. Blah. Lol
Awesome vid. So how do you find these stocks before their major breakouts?
What I can't figure out is how you calculate the key levels
What apps are you using to day trade? All the apps I have wants to restricted me 😔 in need one with no restrictions