So we cap down overnight and pre markets were trading around 279 from a close of 282 s at on Friday, so everything gapped down, including the airline's, a travel sector and part of the daily watch. This was our CL and I was actually non-biased on the stock. As long as we can hold this 37 40s level and once we hold and the market open, we see spy starting to pounce and that's why I started it short and once we confirm was really really strong after I'd scaled out some a little bit. I immediately added back into full size where, because I see a lot of upside towards the $ 41 level, what at least you know - maybe for the 80s and even more, you can see the best executions was the first trade right here and again after I started Going back, I did give back some on the second trade and it made some back on the third bounce play.

So you know usually my first few trades are the best for the day and I tend to give back a little bit more, but you know I still see more opportunity, so I don't regret going back. It just won't. Go back, I'm slower to add back in because, just like my apt n trade, I add a back and because I see a lot more meat on the bone right aptn. This is a short play and it's actually a stock.

I played so many times in the past before I played it here here here and over here. So it's a stock, I'm pretty familiar with and I'm comfortable trading you can see. We started gapping about pre market volume was extremely high. We traded about two million shares pre markets before the open, and you know actually ran to a high of 13 dollars when I'm shorting and jumping on the front side.

It's always worth a really small starter size, and also this is pre market. You know we haven't even opened yet I was thinking we're gon na actually touch $ 14 area and before we started to give back the gains - and so you know I waited patiently at the Marquee open, I didn't want to add too big, pretty markets. I want to be able to react to the price action and why we started rejecting the premark eyes. That's where I started scaling.

In short, you can see no, I started in pretty early um short, sighs around $ 12 area and once we immediately tank below view up and that's why I covered some piece, but I want to add on the bounces and you know: listen, we never really bounce Back that high and that's why I cover more and I keep I'm adding back, because you know I won't add to my winners, especially there's so much meat on the bone, and that was essentially what I was trying to do with our CL, but that what that Trade was I'm alongside you can see. You know I, you know added back a couple more on trades short around 10 ATS and nature. I'm the last ad was about 990 covered at a double bottom here, because I was seeing I was starting to reclaim. We might retest $ 11 area because after all it's a low float stock.

It doesn't take much buying momentum to bring it back up again, so I didn't want to get caught. If that happens, if we have a squeeze that come out of nowhere like we've seen with a few other low float stocks like whitey and capr last week, so I'll just want to protect my profit, and you know if it pops back to retest 11th. I can always reattach it with a clear head and, but we never did, and we just kind of gave back everything and back to $ 9 at the end of the day. But overall this is a very, very clean trade.

For me, the other ones, a smaller straight because I was focusing on our CEO and aptn - is Ino, so this is one of the stocks. That's on my weekend. I watch this and on the weekend watch it, as I specifically said, to watch the $ 10 area right. Why and if we hold that $ 10 area, we can have a very nice day, debounce set up and actually didn't see it until somebody in my desk or chat alerted me to it not giving me buy alerts they're, just giving me ideas right there saying hey.

I ain't oh, the stock, it's starting to go red to green, and this is a textbook red to green trait. You know after we held $ 10, we break about previous day and now agreeing on a day right after selling off for four or five days. What what what technically do for a bounce? How high I have no idea? Oh, I know, is there some resistance around $ 11, so I want to make sure I'd be at least take some profits. I didn't know if we're gon na go to 12 or 13 or 14.

All I know is, you know, there's a trade here and one joint on the long side and I have always wanted pink. Should I sell some on the on the push, especially when we went from 10:00 to 11:00 so quickly and oh, it's a high institution ownership stock. So it's now low float penny stock. So I'll not be.

You know cognizant of where I'm taking my profit and I'm starting to see big sellers stepping in $ 11. So that's why I sold the the rest of my position. Hello had a pretty nice start, so Wayfarer reported earnings and the stock literally went all the way to 180 fours. It's really scary, to jump on the front side to shore the stock.

So I didn't want to be early. I want us to slowly scale in once. We'll confirm that we're breaking down and the reason the stock can really squeezed really from what 150 all the way to 180 is because of the high short interest ever since up here. You remember last time I shorted was over here on this day.

You know the shorts, just being you know, shorting from $ 20, all the way to now 180, and I think well now, at all time highs we'll get someone follow through. I think, maybe to a downside tomorrow, we'll see, but I beat on earnings, but whether that justifies the price increase of basically 20 all the way to 180 within two three months. I don't know so. We're gon na have to see how the price action plays out.

That was more short bias on the stock, just in terms of risk reward wise and the stock. The the rung up was during pre market, but I want to scale in short slopes Kelly. Some you know dry Eddie open just because we're not really pushing towards new highs to retest 180s and know. Once I mean I want to slowly let it work and once it breaks down and confirms that we cannot hold the highs.

That's why I started adding ink and you wan na add in slowly, especially with a stock like W weather spread is pretty wide and after this, after a 172s breakdown, I'm just trying to let the stock right out, ultimately my target without being 162. But you know it's it's, it's it's high spread stock and the volume was not great, so I kind of ring all the patients. I'm not gon na lie, but you know my best. Cover was 165, so I missed three more points to a downside, but in terms of patience, wise, I'm pretty happy with myself that I'm able to hold through this kind of breakdown.

It's like this is literally like tick by tick like slow drip down near the end of the day. I went for a short because the market was rolling over and, of course know what it'd be nice to have cashed cover instead of up here coming down there. But this is again, this is a stock and I've really test your patience because of the spreads because of the way it trades and it just it's just very slow, but you know gives you a lot of range, whether you want to long this or short this. So a lot of upselling and moves in, like you know, ten dollar ranges so beyond meat.

I treated this one nearly open. I was thinking we're gon na, have a nice daily breakout and why didn't break out and no follow-through and we didn't break above one or two. I didn't work, so I stopped out and kind of let this stop a little bit too wide. Then I should have right.

I was thinking we're gon na you know, hold 101 and 100 well didn't hold. I should have gotten out a little bit earlier, so a loss on this in the in the opening trait, but know that after hours, earnings release, they did beat on earnings. But that gave me a lot of really nice opportunities, even though after hours a smaller size. But a lot of very nice range I had some long.

Has some shorts really good opportunity if you are fast enough and know how to execute your trades in reaction to Latour the earnings sure to hear on the spikes you can see, I try the one end of the day shorts them works are covered before the earnings Release because you never want to hold anything long or short into earnings by this shorter, the spike here and covered into this, and when it was announced that they beat. I start the stock I stopped out because I got went back down. I was thinking. Oh no, like you know, maybe they said something else in the earnings that had missed when the stock went back up.

I just really longed again and then sculpt it all the way up there and the best sell was one of force. So with earnings you can trade it, but you have to be very disciplined and cut your losses really quick if you're wrong. Whether you're long was short. So you just just about all about the mechanics of trading and reacting to the news.

The other stock and I treated small winner - it didn't never really truly broke out like I wanted it to. I thought: we're gon na get a nice follow through to the upside same thing same ideas beyond. I was thinking one again, I'm wrong into earnings, because Roku has earnings later on this week and when we didn't get that you know it turned out to be skills just because I've never got the chance to add to a true breakout. I want to add into a winner right, so when it didn't work, I stopped out the first trade tried again below previously close after we break out to add some more sold.

Some into this buy was holding half this position left when didn't truly break out. I stopped out so it's just a small winner on this. Nothing huge, I'm Roku, the biggest winner on the day is NCO age. So actually was late to this one because I was focusing on Roku and beyond, but this one had a lot of downside for us and at one point I thought we we can really retest $ 10, we'll see what happens tomorrow, but the perfect shorts.

Without being, you know, of course, 12 sixties, 12, 80s $ 13. When we didn't get that well, we got that, but I didn't rate a stock in the beginning, because I was focusing on the other stocks, so this stock was pretty much week all day and once it breaks down this $ 12 area. That's where I want to join the trend to short to the downside, because once it breaks down we're gon na retest Elevens, that's a lot of meat left on the bone. So I'm sure that here and add it even bigger.

Once we break down this 11:50 strange and cover it into the flush, I went back for we short around 11 70s and you know with the second trade. I usually don't like to out stage because I made money in the first trade. So I covered this and - and I being a good good call - and you can see you know we tested $ 12 but slowly faded down again again. This is one of those stocks.

That's on my pre market watch this. I planned out all this and other levels beforehand, so once the market opens, I'm just reacting to the trade, even if that means I'm late, the levels and the plant is still intact. So today is one of those days. I was extremely distracted before the open and the first 10 minutes of the open.

It's just kind of sometimes that happens when there's a phone call or there's stuff going on, but so any open. I was quite flustered and know a few stocks are my main watchlist that I was hoping to playing. I ended up missing. It's no one's fault by my own.

I understand that, but it was just a little bit too much going on for me. So I had a couple of small positions: STC's, one of them, but the execution wasn't that great, as I was you know, trying to you know do a few other things at the same time and so terrible feels no 820 smark would have been the perfect entry. We never got the size I had wanted. I only had about a quarter size on this one and so definitely minimized the potential gains on this trade short.

This is a ticker, I'm very familiar with, but the fact that I traded so poorly it's it's a little bit disappointing. I will say Liana stock and I also traded a little bit early on. Is I guess not that early CP Sh insane idea of SDC the very similar setup, but also poor execution, because you know didn't, have the best fills and only got partial size ever over here over here, like tiny tiny size, so ended up, didn't make him much At all - and I left so much to the downside and got stopped all over here - so overall tiny gang on this one. So you know there were a lot going on a lot of earnings plays and I was dealing with a couple things on my end.

Lose money, but you know definitely could have done a lot better execution-wise. I guess see the one thing. I was really happy about this mg and X. I again I missed everything on the front side.

I guess the the clear air you know break out long from side. I miss everything there, but I did come back from during power hour and catch a couple. Good trades, so I will say the trades I did during power hour were a lot better than the trades I did in the morning. Both execution sizing and discipline wise.

You can see longer here around 20 20 s and sowed into the push, and that was out by this point because I wasn't sure if we're gon na hold this downtrend and keep on breaking down those. But once we confirm that wall well, indeed holding up and we're not gon na keep on breaking down. That's why I went long again, this time, a lot of smaller size, but I'm really happy about my entry and my sizing and sell lane to the push and you know didn't catch everything you know I went to $ 26, but my best sell was up here Around 20 360s, I'm still not bad after a day of bad executions and coming back from power hour. No, it's definitely a nice way to end the day.

So today is one of those frustrating days where, yes, I made money, but it should have been a lot more, if not for the fact that I didn't take my profit up here. Around 147, the stock literally touched 146 like 90s and then dropped, and I was thinking I want to be patient and let it work and it just it just didn't work out. I did take some profit on the PayPal long, so this is an earnings winner. They gapped up to all-time highs after the close yesterday, and you know I was building a long position very nicely, especially during these consolidation areas.

Yes, I trimmed some position just in case we are gon na dip lower and I can always add back to my core position long, but I was building a very nice position and yes, I did sell into this around 144 70s and I wanted to add back Because I was thinking we're gon na break above 147, 145 7.5 and go head straight to 148 because the stock, you know the earnings was really solid and the bids were really strong. So that's why I want to win their run and today was one of those days where usually it's the opposite right. Usually it's because, oh I don't have the patience to let it work. Then I minimized my gains and today's one of those days where, yes, I had the patience to let it work and but that's what led to me minimizing my games.

So it just tells you, as a day trader you're, always learning you're, never 100 % right. The market is always right. You can only manage your position, so you know it's still a nice wing on this, but you know if I take it up here, what I've been so much bigger and the kind of was just really trying to work on my patience on this, because this was Gon na be a very big winner, but you know you never turn them we're not into a loser. Only minimized gains so know.

I had fun trading this, despite the some of the frustrations up here, but overall it's a good trade. The other one is M R and a this is one of those stocks that you've seen me play time and again in the past so many times before, I'm very familiar with the stock and the way it trades. So you know I'm just adding into my shorts. You know the stock gapped up overnight has some news and they were just kind of selling off adding up market open, adding into my position trying to add into a winner cover on the flush and cover it on way here, maybe too early over cover, but at The back after saying that was still continuing to be weak and covered.

Always you know the sell-off, so a nice trade on this. This was a lot easier. Well, I wouldn't say easy: this was a lot more of a cleaner trade than PayPal, because this is stock. I'm pretty familiar with the last trade to end the day was uber, and so I played the earnings release.

You know the some numbers when they were releasing was a Miss, so I went short shorter, 31, 70s added some more 31 30s covered into 30s twenties and try to add back, but seeing that the bids are coming back. So I have to cover so best. Cover was around 30s nice little tiny winner to end the day for their earnings release so overall, really good day. So far, lots of earnings releasing and not a place for the large caps.

Historically speaking, whenever there's a lot of earnings are the times where the small caps are really slow. So that's why recently I've been playing more of these large cap stocks, especially when there's gap ups and gap, downs with earnings. So this was a nice play to end the day. Hey guys thanks for watching.

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