What's going on everyone, i have a super important update. Yes, i know the cat is now out of the bag. Kathy has a new look, or should we call her cat b? Okay, okay, i'm sorry! Even i have to admit that was pretty bad, but let me know if you like her new look. I think it's really cute and this pot was on sale for like five bucks at london drugs.

So far this week the market has been kind of choppy, and today is definitely one of those days where i had to like struggle to even make a thousand dollars, and i think, there's a direct correlation with how bad my jokes are with how bad the market Is but nonetheless, i'm still very happy to end the day with a smoke green today. So let's talk about my trades right now. So let's talk about the losers. First apple was a loser.

On the day um i was just trading a technical bounce on apple. This has been um selling off for a couple days straight and today i was looking for a reversal after the stock had spiked at the open to 151 pulled back to 150s and uh was still consolidating on prior days close around 149.50. So that's where i got in long just looking for a short-term bounce, that's all i was looking for. I would i'm trading a lot more conservatively this week, size down until there's any um big opportunities.

So that's something i definitely would recommend you to do if you find that you're not seeing a lot of clean setups that you usually trade in a normal market. So that's why i did my size down and still took the loss. You know. Nonetheless, it was okay.

Um took the lung here: 149 70s added on the small pullback was thinking that we're going to get pushed like. We did here to 150 40s, but that just didn't happen, and they also have the the events today. So that could be part of the reason. The stock was relatively undecided until we really rolled over later when the stock went green to red on the day, so that was my first loss on the day.

My second trade fcel, i took two short trades. It was read on the first one and green on the second one and overall they just canceled each other out um. So if you sell this thing was rallying up. This has been really beaten down, but i was shorting around the seven dollars area.

They had mixed earnings and they actually lost less than expected, but the stock, i think, had a pretty decent high short interest, and that was the reason rallied all the way up and the volume today was really really significant. 180 million shares traded. We haven't traded that much volume since the end of last year, so that was the reason this was on watch um today and uh. You know i took a loss on the first trade.

I started scaling around 680s around the seven. I want to see that seven dollars reject the seven dollars they need level around all the way here, and you know it did, reject and showed it into it. I did cover some just to pay myself, but when the stock broke through the height of the day, i got i just got stopped out stopped out here. I tried it again here.

This is a break-even trade and only once the stock went all the way to 750s and kind of momentum slowed down. That's why i went backing again. Shorted 740s added some 720s covered into the flushes, and i was mostly all out here and then here i tried it along didn't work, so i got stopped out as well, so overall turned out to be a scratch trade on the on the long and short. It's just just not a lot of other things to trade for me in this market.

So far, so fuel cell and apple, those were both. You know, losses overall and the only saving grace today that really saved my day was amc. Now amc is a stock that i love to trade, both on the long side and the short side. But overall i do better on the long side.

Today i traded on both sides as well, and this is the my biggest green trade on the day. So, looking at the amc daily charts now uh we've been going up from 46 dollars to 52, really impressive move and today was kind of like the first major red day when a stock gap down and gapping down to um prior dates go close, fifty one dollars. Seventy cents and this thing gapped down to fifty dollars fifty cents um. I was long on the front side.

Early um. I was long here started in here around fifty dollars: ninety cents fifty dollars, eighty cents. I was just looking for a push towards prior days close because if you look at the intraday charts on amc, it's been doing that the last couple of days um a lot of big range on the stock. So that's why you have to like slowly scale into the trade, whether you are long or you are short.

I did sell some, but we added back around here. Um you can see. This is a higher lows. Fifty dollars, seventy cents got long, hair and sold into the pushes now with amc.

I also trade the stock on the short side, so i did trade it both sides down. I traded both ways um after i got all my long on. These pushes um the 51 50 cents and really i was looking at all the way up to 52 dollars. What's the short entries for my thesis thinking that okay, we are having a first major red day after yesterday's you know, you can see this doji candle.

We might see some reversal today, but the stock never went red to green. In fact they kind of rejected this 51 dollars highs and then just sold off. So we have some small, short-term bounces to 51.10. Couldn't reclaim that so i just kept on shorting into the weakness shorter here, fifty dollars, seventy cents, adding into my short position from forty dollars.

Sorry, fifty one dollars fifty cents, adding into it and then short on the weight down and cover it into the flush move. 50 and 10 cents, when i was building my short position here, i did think that we this today, might be the day we retest at least 49 or potentially below which eventually did happen. But i didn't like the fact that we're holding a double bottom around the 49.70 area. So that's the reason i got out of my shorts.

I was all the way short here to about here where i covered all my position: 49.80. Nice little profit on the short side and looking for the long now with amc. If you look at the last couple of days, it's been trading, it's a stock that it likes to bounce off some key support, that's both intraday or on the daily levels. So, for amc that 50 support area is a pretty strong psychological support.

So that's the reason i was seeing that okay, it's starting to double bottom around 49.70 and also once the stock reclaimed that fifty dollars. That's why i got out of my short position, actually got in long fifty dollars, ten cents added on here, fifty dollars, ten eighteen cents, you can see it did drop a little bit, but this little wick here this set in a higher low. So the weakness was actually bought back up and this thing rallied all the way towards 50 60 cents and up here, 50 and 80 cents. I was kind of looking for a 51 dollars retest to get into it sorry to sell my long position, but it didn't get there.

You can see it kind of kept in a downtrend ever since that 51 dollars rejected. So that's the reason we're selling off today, but i did try to go back in again after selling my initial long didn't work, so i got stopped out of my long entries and i just had a tiny, tiny scalp here. In hindsight, i wish i would just get in short around the 50 and 80 cents area, but to me that wasn't as good of an entry, but my initial short thesis was all the way down to 49 price target and 48. If we get it so nice to see that working out, but without me, so it was definitely one of those days where a lot of small wins added up.

There was definitely still losses too, like the ones i showed you um, but repeatedly, these small little wins on amc added up just enough to pay the bills and i'm gon na stay small and stay downsized trading. This way more conservatively until i see some real setup and real volume coming back to the market. So if you are also struggling in this current market condition, size down and take only base hits so that may be just 100 or 200 shares for you or even 50 shares sizing down and the small wins they still added up decently. It's not like anything amazing.

I know, but it's enough to keep building that account enjoying the slower times in the market. If you have any questions, feel free to ask me in the comment section below and also let me think of kathy's new look. Do you think it's cute? Do you think it's ugly? Let me know in the comment section, thank you guys for watching and i'll see you guys next time. Hey guys thanks for watching.

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See you guys next time.