So was it just me, or did everyone forget that the stock market is open this week, so the entire week so far to the start of april has been extremely slow? I took some decent trades from monday to wednesday and then i'm ending the day with a small red today there was just not a lot of follow through and a lot of these breakout moves happen in the morning and then they just dump midday, and there was Just no follow through whatsoever, so let's go over some of the trades i did on xl and sls on a breakout as well as some trades. I took today that put me red on the day so excel. Yesterday i was trading on the long side. This is part of the electric vehicle sector and you can see at the morning very strong breakout once above this nine dollars key level on the daily chart.

This thing just squeezed very, very strong volume you can see. This is a couple million volume bars per two minutes, so i long the first i took a couple of separate trades they're all on the long side. The first long you know i only had starter, i didn't - have full size whatsoever. I was long from about nine.

Ten nine twenties sold in the pushes to a breakout around nine sixties and nine eighties, and i did want to look for the pullback to read long again and i missed this pullback here. But once you can see this thing hit 40s pulled back towards the 90s area. That's why i started in with a long first starter size. I always try to you, know, start out small and only add into a winner.

So once i see that levels holding ten dollars started holding you can see uh once my starters started to work, i added to full size around ten dollars and then ten twenties and i was selling into the ten fifties move. I left a lot of my long position on because you know this thing was so strong in the morning. I was thinking that, okay, if it stays really strong, this thing could potentially go to eleven dollars and twelve dollars. So i was looking for, you know, actual follow through on the long side, but unfortunately it just didn't happen.

Then this is what i mean by there's, not a lot of follow-through. So far this week you can see xl spike to 1070. uh. I took some small profit around 10.50, but after that spike it just dropped really hard.

I remember it was like a rug like, like i said somebody like pulled the bits from 10 17 down to 10 20s and literally just could not bounce. So this is where i stopped out the rest of my long positions. I then tried to long it again around the 970 starter didn't work, so i stopped off everything. So, unfortunately, is this one? No, what i was positioned to be like a pretty decent trade on the long side for a big winner, but just didn't work, so i ended up with a small win instead to be honest, very disappointed with this action on excel um.

Like i said it was so strong, there's just no follow-through and it just broke down all day after that, after the the 10 20s breakdown around 10 30.. This thing just couldn't even bounce back to v wap at all and that's the reason i never revisited the stock when it stayed so weak, couldn't even reclaim the app or like reversal on the long side. Just didn't happen so stating a downtrend the entire day. So that's that was very disappointing.

I was looking forward to you know. More long plays just didn't happen, and this just shows that you know the market is always right. It doesn't matter what you think the stock is going to do. It really could turn at any.

Given point and excel is not a small cap, one of these like little low float penny stock. So i was very surprised by this action. This is a 1.5 1.8 billion market cap company in the electric vehicle space so um. No, i really did think it was going to have more follow-through, but the fact that it didn't you know it just proves me wrong.

You know the market is always right now. The next stock i traded yesterday was on the short side. This one was a pretty decent winner, sos i was, you know, more short, biased. I feel you know kind of did some research of the reason why it gapped up um.

If you even did like a 10 minute research, i think you know why uh it was more of a short sting along, not saying there's no long play, but when the stock uh, you know gapped up from five 450 at the previous day. Close to you know six dollars overnight and uh, you know and then, when it's like a daily chart in a downtrend and very uh retail crowded, and that's why i'm more short, biased on this. You can see at the moment every morning the six dollars held up as some very key resistance, even though it did break out to six thirties pre-market. It quickly dropped below sixes and just stayed weak and at the opening flushed.

So i started scaling shorts around six dollars, um added here, six dollars and re-added. Once the stock starts working to the downside once it starts dropping um, i did cover some small around like 570s, so that was really quick, 30 cents uh and then i waited for the bouncer to reach shorts around 570s and covered most of it around 550s and Down here, 530s and 525 down here - and that was all out so this one i did not revisit um not like excel on the long side. This one i just kind of left it alone, and that was a good call because after i covered everything that was pretty much the the low of the day and the stock reversed, you can see um back to the upside, so, but whether you're, long or short, Biased, there's um there's a play here as long as you know: you're patient and following your setups and uh, not chasing chat room alerts at 6 605 when you are looking to make 620s and the downside is all the way to 570. that that risk reward.

Just doesn't make sense and uh you can see this same levels around the six dollars. You know, reject it once and twice again. So so those were the trades yesterday, the end of the day with smoke green this whole week has been like small greens and then today, i'm ending the day with a smoke red. So, let's talk about my losers today, so the first ticker i traded today was rice r-i-c-e and this one i would say i tried both the short i made some money early on gave it all back on the short side and i lost money on some of The long side it just didn't work, so this is really the ticker that ended me, small red on the day.

So rice, i didn't really look at it until you know it was around thirteen fifties and fourteen dollars. It was up from some acquisition deal, but this was a spec before and uh. Those who know me knows that i hate trading specs um, but just because of price action is very difficult to trade, and so knowing that and given that today was pretty slow, i did size down. So that kind of helped me out a little bit.

But it's still red on the day. It doesn't doesn't matter um, so i started a small short um pre-market, just testing out uh what it's gon na do i, it was a tiny scalp, but i really didn't start shorting this until this thing failed to hold the breakout and break down v-wap and uh. When i started bouncing to this 14 and reject that's, why i started in short, 14s had a pretty decent entry um, and i was trying to add on these like small little pops um, because it did look really weak and you can see every time i try To reclaim the 13 80s and 14s, it just keeps on failing um, but you know i was out most of it around here 1320s. I was looking for a breakdown of 13 to add and potentially get like an all day fade kind of thing, but that's not working in this kind of market very choppy, especially given that it was a speck um.

I said i got stopped out of my entire shorts here around the 1410s um i got stopped out. Um gave back a lot of profit on the short side and then no i proceed to getting chopped over here, and here i'm not really happy about the straight. Even though no the losses were small and i was trading smaller size, it was very difficult to read at some point. It did look really strong and then it'll break out, and you know kind of kind of like hang up there around there, a little bit and just kind of drop, a little kind of trapping, both long and short difficult to trade um.

So this was my loser on the day on both the long side and the short side. Now next stock is mara on the long side. I was very disappointed by this trade because i had a pretty decent entry, even though it was small size sure to start. I should have left my starter work a little bit longer.

You know i was, you know a little bit impatient, seeing that we are in a slow market. You know i didn't want to get stuck because um because later on, we got stuck in rice. So you know what i mean um. I did have a long entry pretty decent entry around.

Like 14 sorry. 49. 80S. I was looking for the breakout on the daily towards 52 uh which it hit, but it doesn't matter because i stopped up.

You know way too early around here, seeing that there was some weakness. You know we're not seeing follow-through and given the theme of the week, especially yesterday on xl and then later on, you know today with the other stocks. A lot of the breakouts are not sustaining its move. So that's why i was thinking okay, it might just be another fake out, so i stopped out stepped out of my starter long position uh around like 49 70s.

It was a small loss, but what what uh? What's uh very frustrating it's after i stopped the listing reclaimed view app and uh went from 4980s to 50s, 51s and then 52.. So it's just not my day. What i didn't chase, i'm happy that i didn't chase uh. I did go back and and just still didn't work um on starter size.

It was okay, but i was just a little bit frustrated today, because not a lot of follow-through. So today i think just one of those days you could just kind of sit back, relax and not get trapped, which i did today so that's unfortunate, but uh small loss. It's gon na be my first red day of the month and uh. You know it's! Okay, i'll, you know i'm waiting for the market to come back and to size back in a little bit, but for now i want to make sure if i lose, i keep it very small just because there's not as many good opportunities in the market today.

Okay, so it's time for our q and a's, so moeth k12 is asking. You chose your daily trading stocks based on what so, basically, how do i make my daily watch list? Oh funny you're asking because i actually made two videos on how i pick my stocks to trade, how i create my watch list and how i plan for those trades, so you know definitely check that out. You know i could give you some quick run through right. Now but it's explained in detail in those two videos - and the second question is from lisa, so hi shea, thanks for all your great videos um, so she is basically asking for a video on the stock market vocabulary.

So i have actually made a video specifically for the day trading lingos the vocabulary for day trading so check that out i'll link it below as well um for specifically for trading, though the stock market lingos. You know i'm sure you can find that on youtube as well um, but for the day trading ones. I made a video on that all these videos, such as day trading lingos, how to plan your trades. How i find my stocks to trade, how i set up my scanners, how i sit on my platform indicators, everything like that all the most commonly asked questions.

I have made a video on that on youtube, so it's very easy to just go to my youtube, channel and search the keyword, and you will find it. Those videos will answer those questions in depth and you can really learn a lot from them rather than just me repeating the same answer here in 30 seconds, but yeah check them out i'll link all those videos below. If you have any more questions, that's not answered in my youtube videos or haven't made a youtube topic on it, feel free to ask in the comment section below it's been a slow week, make sure to stay safe, size down and be patient until our market comes Back, thank you guys for watching and i'll see you guys next time. 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. See you guys next time,.