So i traded like a piece of today there's just no other way to describe this uh. It's it's a green day. Yes, but i don't really judge my performance by whether i'm green or red. I judge it by whether i trade it well follow my rules.

My plan, my setups and today was just i just didn't trade. Well, i broke a lot of rules and uh being that it's the first trading day of the month of august. I'm i'm i'm a little bit frustrated and disappointed in myself. To be honest, so let's go over a couple trades.

This is a green trade dtss, but a small green, because i missed the short opportunity to add full size around seven dollars here to spike to seven eighteen. It just got rejected so fast and so heavy you can see. I had like starter size, pre-market scouting around this area, seven seven eighties and some around 620s, because if you see on the dating charts, lots of failed spikes and the former dilution name, they've been doing this kind of stuff um for a while with a daily chart. This stock dtss almost always do a parabolic move up and then just sell off after they open, and that's why scaled in shorts small pre-market, but i missed the ad.

So that's a frustrating part. I did add here around fours and then fives and got some nice downside to three seventies, but it could have been a lot bigger and a little bit disappointed with the trade. I was positioned to be in a very nice trade being early with starter size, but i just didn't get to add fast enough and this one's okay, but the most frustrating trade is kodak um. I actually had such an amazing entry pre-market over here 22 dollars.

Man and then the stock spiked to 26, but i had wanted a rebound move on with 80 to 30s and maybe higher. We just didn't get that and you know, even with starter size. I think i should have managed it better. You know maybe cut it around 22 70s when i was so weak pre-market.

I was just trying to be patient, i'm trying to let it work, so i can get a 30s and 35s and add to the winner, so it turned out to be a small loser which is fine, but it's just a little bit frustrating you can see. I cut my starter size around 20s got some slippage so 1980s, you know about three dollars: a shared loss on small size which i'm fully comfortable with, but just like you know in hindsight of course, everything's clear in hindsight. I should have cut it a little bit earlier or taken the profit at 26. That would have been nice, but it just didn't work out that way.

I did try to reload this thinking. The same idea didn't get that and i did cut it. So you know two small losses on kodak. It's still frustrating because of the way the trade was managed, it's a small loss, so so small loss on starter size.

So that's totally fine, the other stock. That's really frustrating, though adt, so this stock, i had a nice win early on 15 to 17 and i did think that we're gon na get a continuation to 20s and that's why i started a little bit too early. I will admit it. On 17th, after the young hold small, i wanted to build a nice position to get um another one of those move will reclaim 15s and move higher, and then you can say i had some small re-add and added some more.

I think this is the bad ad here you know after it breaks down 15. I should have, you know, cut it, but at that point i was thinking at such a small size. I could you know, give it one more chance and could have should i would have shouldn't have done it. So you know it turned out to be a decent um, decent loss.

You know, should i bring a small loss but after the add and after the cut you can see, i did try to go back and re-hit. This long again didn't work, so it just was extremely choppy and it wasn't a clean trade and it didn't get a nice trend like i had wanted to a couple of small losses: added up, um to a loss that kind of chopped away. My wind, my small wing on dtss, so it's a little bit unfortunate, not a clean trade, i'm just very disappointed. So very nice day today i traded a lot better.

I'm very happy with how i managed my winners and my losers, but as usual you know. Let's talk about loser on the day. First kodak again, it's the same losers yesterday, but the difference is that today i managed the loser a lot better. I cut it a lot sooner.

So, even though i did take three paper cuts on this trade, you know still end up red on this name, but it's a lot smaller and in trading. That's that's all that matters right. It's not about not losing it's about. When you lose, you want to make sure you lose small, so kodak ended up being you know, looking like, i should just scalp this.

Instead of holding for a bigger move on the daily, as you can see, you know we had a nice pop towards almost 18 and then got sold off, so i should have sold into this instead of holding on and turned this into a small boss. But lesson learned on this name, so after a loser, we have the other stocks i played the biggest winner on the day is ssmt, and this one i had a lot of adding into this. So i'm very happy about this trade. Yes, i did start pre-market.

I covered most, we showed it again covered most uh, but i still try to hold more size and add into it after the open after we proved to be extremely heavy, i mean the stock was up, i think 500 percent of some. You know news merger acquisition and some other. You know the same crap like this for these kind of small cap stocks. I just really had no chance of bouncing because extremely heavy even pre-market, you can see after you open.

We can barely bounce so had a nice short pre-market already added into this around ten dollars and covered into this and reshored it somewhere around nice, and i was all out, didn't hold it all the way till 580s. That would have been nice, but you know it was getting pretty late here in taiwan, so very decent play the other few that i also traded. This one is just a really small one: pre-market s-o-n-n sun. You remember, we traded this one on friday, so i know i think they released another one of those pump news pre-market the stock spiked from 360 all the way to 570s.

That's why i started shorting cover some covered. Some i was all out by the open because i wanted to focus on ssnt, so this is a small winner. The bigger winner was jmia this one i was, i shorted first longer here and then we shorted again but uh. You know looking in hindsight.

I should have stayed with this a lot longer. You know you can see. The stock dropped all the way to 16, but i only caught the front side of the move, but not the back side, because again it was getting late here. In taiwan so started in small pre-market, you can see the daily were extremely extended, and that's why i started in early and added around 2050s after we um opened up really weak.

In hindsight, i should have covered most into this 1920s, but i thought we were gon na get this kind of move to the downside early on, which is why i stayed with it. You can see i even added here around 20s, but once we started holding around this level, that's where it got got. You know concerned about my short position, so you can see. I started covering up so the earlier short was a small winner could have been a lot bigger, but i want to protect in case this kind of squeeze move happens, which it did so.

I was not involved in this kind of squeeze. This is where i did get some scalp long here on the stock along some here. You know the long position was really small. I longed the hair sold into this move here, and this is where i thought you know like now.

We could get one more loan here, which is, i did try, but i didn't really get much. I actually only got 23 to like 23 15 because it was kind of starting to be kind of toppy. You can see it get kind of messy here. That's because i was trying to see if i should scale in short, because if the breakout struggled so much, you know it shouldn't, you know push to 24 and higher on the daily.

But when we're struggling so much and holding on for so long, this kind of move could happen and did i know it was going to happen? No, i didn't, but it could right. Then the tape was kind of showing some struggle around this breakout area. That's why i scaled it short. I did get fake out a little bit, which is why you see some covers here.

So in hindsight you know, i should have stayed with this and be a lot more patient like i did here, but i just wasn't right because if it does break out, i'm gon na get squeezed for like two points. So you know the better play was to add into this short. So you can see i added here after it confirms that it's gon na fail this breakout. So that's what i did.

I did cover up some up here for some small losses, but that's okay. That gave me the room to add back in after we confirm a breakdown of 23s. So that's why i added and not didn't, do that. Well, on my covers, i was all out by 2170s or 2160s or so and missed a lot of this, because i didn't know it would if we were gon na bounce off um and go higher or you know do this so could have made more.

But could i would have, should have that's gon na? That's the stuff, that's gon na kill you in day trading. The best way is to learn your lesson. So i learned my lesson on this today and next time you are gon na get the same kind of setups again and you'll be able to execute a lot better. So pretty slow day.

To be honest on a small cap side we didn't have any crazy moves. Did have some trades on large caps, so you know small wins added up, i guess, but overall pretty uneventful day, um disney was the stock that was in play and i missed the the run from you know. 123. All the way to 129..

I did try to scalp. It short just you know, small counter trend trading. I do that once a while, but when i do it's with really small size, so i scaled in short on this parabolic break up around 20 128 and then added some more 129. Almost 130s that gave me a nice average about 129 tens and i covered into here so nothing huge after the shorts.

I did try to go long had a starter around 128, but it was taking a long time and we didn't think it didn't seem like we're going higher to going higher on the trend. So i did cut it for a 50 cent loss on starter size, long that was fine and then after we break the downtrend, i did try to go in long again. This time i got, i guess the breakout to 129s, and so you know another small win. She went back in on the stiffs, you know you can see.

The stock later declined all the way to 130s, but it was a small mover. So i just didn't kind of didn't have the patience for it, but you know still traded nicely on disney. The other stock that was the majority of the profit, was on the short side or some invex, so this stock, you know it's breaking to new highs again, so each time it does that on this day, and this day it kind of trades in a very similar Fashion, if you look at the intraday charts on these breakout days, you can see what i'm talking about, and so you know i identify the key level around 184 50s and once we break down you know, it usually gives us some very nice range. My first trade is actually on the long side, 178 sold it into the push 187 and then 184.

So you can see after the initial long i sold it. This is why i started scaling short and you know i did get you know. I was trying to be cautious because, because i wasn't sure if we're gon na test 190s and potentially pretty much highs, but you know wide range, also high spread you kind of need to manage your risk and keep it pretty tight or to size down. So i did, try to you know cover some just in case it rips on me and covered some here.

You know, unfortunately, i did take some small losses on short side and but once it starts rejecting that's why i put back in the short covered some on the way down and this no, i didn't get chopped up a little bit. It seems like it wants to break out again, but after this lower high sets in that's, why that added back into full size short on the breakdown of v up here added some more again, you know it did try to break out again making a third lower High, but this time i finally learned my lesson after this time and this time i didn't get stopped out and that's why we got some very nice flush, all the way to 176s and then 172s. So you know, if you scale in short or long slowly, on these larger names, i manage your risk tightly with scaling in and out. We can get some very big moves, so i did have one final add and the best cover was 173s on the short side, and then this is where i started to think you know we might actually reclaim - and you know i kind of want to get in On some long side, because i was thinking we might get this kind of move that we got all the way to 182's here, that's what i thought, but when that didn't work, i cut the small long early on.

So you know on the long side the second trade that lost about three dollars a share, so that's unfortunate did give back some inertia of profit from the loan in the morning from 179. All the way to like 184 87 so gave some back on the long side, but overall, the bigger trade was on the short side and really happy with it. So the only small cap trade was actually really small winner. Just because it's a smaller range - and i didn't get the nice ad here - so you know small trades - they add still add up - can have home runs every single day right.

So i started short pre-market. Just small wins shorter here, shorted, some more covered all into two dollars once we start to hold so i was all out, did try to reshort here, and i cut it really quickly. Here you know didn't want to get too big and too fast in case we do rip to three dollars. I really had thoughts.

You know once we break out at the open here we're gon na test three and go higher, and maybe you know three sixties. It is a low float stock, but it just kind of started selling off right at the open you can see. I did have a starter short here and then, but no never got got to add, and i was so out of the short you know, small winner. Maybe like 30 cents - and i re-added here and then my best cover was 194s and you can see the stock did later tank all the way to one i guess 160.

that would have been nice. If i held all the way down. You know it was low volume range and it was just so slow for the small cap, so i just kind of took it off. So today is one of those you know days where you know a lot of like small winners.

They still add up to a decent day, nothing huge but uh. You know just trying to be consistent and keeping my losers small. At the same time, it's a red day recap traded two tickers adtx and also a large cap stock fastly and by ironically, it's a large cap stock that i lost more the adtx trade i had made money on the early on you can see if i had Just you know, did one trade and left it. I would have been agreeing on this name, but no, i decided to go back and get get chopped up and basically gave away all my morning gains, but first trade was on the short side.

I started short in pre-market. We got some very nice follow-through. I basically had a shorts about 940s covered some here and was all out of the morning short by seven dollars. So you know that was a very clean and very nice trade.

I did try to go back here and here really small size short i covered here. You can see, there's a there's, a green arrow here, so i covered the secondary shorts for like tiny games and tried to long this here, actually believe it or not, and it got chopped up. You can see some cell candles here. Actually we loaned it here and i got a very nice scalp long, so i did overall did make small profit on the long side by sold into this, and this is where i started going short, and you know in hindsight.

Of course, you know the it was too risky of a trade, but they were just you know so much selling each time they tried to break out, and it did seem like you know, they're gon na you know spike and then and then drop again, which it Did but i just couldn't you know, couldn't risk the holds on the way up and that's why i covered my shorts here and i did lose a good chunk of money on the short side that basically put me in the red i did after young hold. I did re-shorted here here here and i was all out here just because of price action. You know it was extremely choppy and it was. The volume was really low.

So i decided to leave it alone, so you know overall, it's red on the short side, small profit on a long side, but overall i did the best. I could i followed my plan both on the long side and short side, and i would have traded the same way with any other stock on any other given day. But today, just no. The action was a hard read on this sticker, but actually this wasn't the bad loss, so the bigger loss is actually um, fastly fsly and unfortunately you know the stock did eventually do the plan.

I had you know, reclaiming the and breaking out back to 91s, because you know remember: this stock is actually gapped down on overreaction. They had amazing earnings, but also at the same time. You know the company will reveal that 12 of their revenue was reliant on tech. Talk and obviously tick tock, you know there's a lot of talks about they're gon na get banned.

The app is gon na get uh banned in the united states, and so that's what the concern is. You know in hindsight. I think i was a little bit too convicted of my plan and i mean it did eventually do i did well. I thought it would, but i was just a lot or i was just too early and then you know i had some very nice entries here on the long side i just sold into the push early on, but you know i did try to go back and Try to re-execute the same trade again and it just didn't work.

So it's a lot of small losses that led this ticker to be. You know pretty red on the name for me and a lot of over outstay my patience and could have done a lot better than this. But overall it's a manageable loss. Um long tear you know trying to you know, i think we're gon na break out the volume was strong at a time.

That's why i thought we were gon na get more continuation. When i didn't work, i had to cut it. I did try again here and here you know again decent entries, but you know you know at the point that point was still down trending at the time and i definitely outstayed and i gave the stock a little bit too much room to work. So you know just like a lot of paper.

Cuts are led to you know a pretty decent size loss on fastly. Overall, it's a step back today lost about a day's profit a day, a little bit more than a day's profit, but still manageable. So you know live to trade another day. Not every day is gon na, be you know, sunshine and raining lamborghinis, but definitely a lot to learn, and you know it's interesting because a lot of times i feel like i'm, not letting my trades work enough.

I don't have the patience for that, but oh there's also the on the other side. Sometimes i'm too patient like this stock and the way i traded kodak on monday and tuesday. So you know sometimes you're too patient. Sometimes i'm not patient enough, but you know, live and learn right so going to end the week really nicely recovered the losses from yesterday and more.

But today is one of those days where you know a lot of base hits they definitely added up and being patient. Um, let's talk about the first trade rkt is the first trade i took um just because small caps. There wasn't a lot of amazing setups for me so rkt this is an ipo from yesterday. You know we traded nicely gapping up over.

I guess five points. After the after close - and you know i i was leaning in loan biased, but then you know before the market opens, it immediately went parabolic to the upside, and you know when a lot of times when this kind of thing kind of moved, parabolic moves happens. You get a really quick downside as well on the parabolic as well. So that's why i landed in shorts because he had basically top ticked it, but you know i was only in half the position.

I was have way more to add, but even so you know that still gave me a very nice 1.2 points really quickly and you see i did read ad here. I did read some here on this video app and add it back in and you can see you know i did cover most of it here, but i did read back in after all, these lower highs formed and risking the reclaim of v wap level, 25, 80s And then we got a lot of nice follow-through to the downside and i was pretty much all out of the shorts here. I was all out and then i did try to re-hit it and once we start holding is where i actually considered taking a long position, which i did here starter size um. My original bias was long to be honest.

I you know, didn't see a shorts until it did this kind of parabolic move to the upside. So this is where i see that, okay, if we start holding 24, we can get this kind of move to towards 25 at least one point down upside and potentially more, but once we're still really weak. I i sold my long hair and i flipped short. You know i was already in a shorts earlier, for so my secondary shorts was just a scalp for me.

Even then, that's still a very nice move for 24, all the way down to 23 dollars i'll. Take that any day - and i also out on the short and then try to re-hit it again and when that didn't work, i covered it for a small loss on the last trade on the sticker. So this is the biggest trade on the day. For me, you know just because of the range not because of the size, but you know i was pretty patient with this and i'm very happy with the follow through, even though the loan didn't work out.

The second trade i did was ampc this one's gapping up a lot pre-market. I think about 150 of some news. Basically - and i scaled in short, we didn't know keep on running up, but you know i kind of want to wait and let it work out pre-market to see whether i should add or cut it off, which i did here and here just because you know a Certain chat room was pumping it and i didn't want to be a part of that, whether on the long side or the short side, so so out of the shorts, and you can see the stock just dumped right. You know when you have arched artificial buying volume.

You know the people who bought around the same price and when they they all have the same entry looking for the same thing and they don't get that push to 11's they're. Probably all gon na sell together right. So that's the idea behind this kind of dump move which it did happen. I was away for the halt.

I was not involved with this. It's not until after this hold down that i re-shorted i re-shorted here, and here you know i you know i did feel like they were gon na get one more hold up, so i did cover some so that left me some very, very small position that i Can write out all the way to about low eights um, and i was about um and at the time i was kind of trying to concentrate on rktg, so i've never added in hindsight. I should have added - and you know maybe ride it out a lot longer to know 760., so i would have been an extra 40 cents to a downside, but it's also a friday. I don't want to you know i'll stay, my welcome on fridays.

Historically, it was my worst trading days now it's been changing just because i'm more cognizant of my bad performance days so on fridays, i'm always you know extra careful about my ads about shorting and especially when it comes to these low float stocks on the third tray. Actually, i should have talked about this sooner kzia, so this one, it's a very small trade. I had a long hair and a short tier basically cancelled out. You know just because in the price action was a little bit harder to read.

I was short early on, you know, it didn't seem like we're gon na you know, break down and i covered, and then it literally dumped after i covered and same way here, you know seems like we're: gon na try to push and re-test 880's and nice, and I got long hair starter size, didn't work and got out so it's a loss on short side. Sorry on a lot on the wrong side as well, so basically a small loss for the sticker so other than that a very clean trading day. For me, i'm very happy about it. You know it's also friday, so i'm just happy to be.

You know, traded well and traded pretty cleanly and didn't get into any headaches. 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.

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