Okay, we're gon na talk about how I got short squeezed on the front side by TR index for a loss first and then how I flipped long and switch bias. So, first of all, this stock was gapping up due to no news right and it's not a low float stock. It has about 15 million shares, float 33 million market cap. The only thing was that it was easy to borrow, but the stock was gapping up too.

No news so, like honestly, this thing caught me off guard, so you can see. I started shooting here small size. I was ready to add at the pop here. You can see I added here at this pop at to 4:15.

I was anticipating. You know a flush beneath me, womp and just sell off, but no I I'm glad I covered some, but you know like not. I only cover a small size because you know I was like many other short sellers. I'm sure complacent.

I was thinking. Aha, I talked take this crap. You know like this: is gon na sell off and nope it's just freaking like this squeeze with this kind of volume. Just I came out of nowhere and I got stopped out.

I got stopped out here. I was a holy crap man, this kind of volume, this extremely bullish. So that's why I flipped long and I'm glad I did instead of keeping on adding to my short remember, this stock was easy to borrow as well, and usually ETB stocks can squeeze. But I was thinking - and this is now low floats.

I didn't expect this kind of squeeze, but when what you're planning and expecting it's proven wrong, you have to get out. You don't have to flip long like I did, but you just have to cut your short position, which is exactly what I did and I'm happy. I followed my plan income and loss because otherwise I could be squeezed all the way up here, not fun. The other one, this one ended up with a small loss, so I was actually meaning into the stock bullish.

I was thinking that you know it's gon na wash down and curl around this area and then retest the highs, and you can see I shorted here because the momentum was to the cell inside. I was saying no, this selling candle. That's. Why that's how I was thinking? Okay, this has more room down to five 50s, so I showed it and covered it here.

So I was out all of this short position here and I got actually got in long and long hair and because I was thinking okay. This is a curl that I was looking for to retest the red to green and go back to the highs, and I was you can see. I was completely wrong on this. In hindsight this would have been where I should have adding in short, but you know, like I, still cut my losses stuck with my plan, so you can see.

I comment along here a little bit too late. The stop should have been said a lot tighter. So I basically gave back all my all my shorts profit from earlier and then I was read on this tree and I flipped short and then I scalped it for a little bit because the momentum, the selling, was extremely heavy. But overall, I'm extremely happy with how I reacted to the price action on both clvs and TR index.

So the first day on a day to day was kind of frustrating. It was a TR NX. So this was a new runner from yesterday. You can see.

Yesterday is sold off from to 80s all the way down to $ 2 near the end of the day. No, there was no bounce, you bet all the sellers were still trapped and that's why I came in meaning bearish on the stock and that's where I sure did the pops at the open to two tens. I shorted. I thought I was a great entry and I added on this week bounce here at 197 and then I was, I was know doing well.

I was thinking okay, what, if it breaks down I'll, add two full sizes if it breaks down the 189 mark now add to both sides in the stock has room to fall all the way down to 160 s, and there was breaking news out - and I see This volume coming in - and I didn't I didn't - know the news. At first day I heard Ben Zynga chardee saying he are in extra filed reports saying that they are in compliance with Nasdaq. Again, it's positive news, so I had to cover just in case. You know like yeah, you can see in hindsight the volume wasn't as strong as the buying volume yesterday.

So it wasn't it's gon na squeeze to to 60s again. But when there's news I just have to cut my trade and come out and reassess right. So I cut all my short here. I took a loss right here on this cover.

This is Green Arrow, so to cover, and that's why I started to reassess like I said earlier, just because there's news, it doesn't mean it's gon na squeeze through the moma again and retest the ties from yesterday I just wan na get out of the short and Reassess I can always renter and which is exactly why I did you can see that we entered here and we had entered here after seen on this volume after some observation and some waiting, there's no brand new volume coming in this is all just a short squeeze. Other people like me, we're holding it short and get it squeezed out. So if there's no fresh buyer coming in then the stock is not gon na run right and at the same time we were having APTN running along with OPG n. We.

So when there's two fresh runners, everyone's gon na forget about this one from yesterday, so that's why I reassured it here and here and then started covering at the wash here just took recoup, so my losses from earlier. I wish I held it longer and you know you can see. Eventually it fell to one 90s, but ultimately still didn't break down to one one 80s and one 60s like I had anticipated. But I covered everything here because it looks like it was starting to hold.

Volume was trying out and I wasn't sure if there's gon na be you know a rebound like this at later um. So that's why it covered. You know small wing on this name after the re-entering, but the first part in the first cut. I don't regret it at all.

You know I would do this again. So next stock I want to talk about, is a win, but it's also very frustrating SL DB. So this stock is a biotech. They were notified by the FDA that the company well, the drugs in the pipeline is placed on clinical hold because there were patients reacting negatively for the second time to this drug.

So this is devastating news for this company right. That's! Why the stock gapped down from $ 11 down to $ 3 - and you know a little a lot of people trying to you - know, buy the dead cat bounce yeah yeah. You can see that get did bounce from $ 3 to 360s, but I won't argue that wasn't that strong of a bounce, because I was anticipating actually myself - anticipating a bounce to $ 4 diri short and there were some resistance around the 350 mark. You can see it was holding you know beneath a mark for an extended amount of time.

Um actually got in short and really little pre-market, because I just want to be part of this trade right. I wan na get in and start and look. You know how its trading I got added into this after I see how far they rejected the 350s area, so I added here and after I added into full size here. This is where I was anticipating a wash like this and a break down like this right, but it doesn't happen.

I can see this volume ponying into this candle and that's why I cover everything for five cents loss on this one. Just in case, you know, because I'm already full size in I can always reinter later after no, it's confirms that's breaking jump in the weave up, which is exactly what I did here. So every test 350s and failed like really miserably and that's why I, where I added short and added to full size and then it was kind of holding for a while, and you can say that you know I need to work on my patience and I agree With you actually, you know like I covered some here, I was thinking. Ah you know.

I just want to be careful with this one. You know I already took a paper cut 5 cent Moss earlier. So in hindsight, of course, I wish it and take off because you can see it just starts working right away, but I took some off and I still have some size left. I shared up added here, but I did not.

You know I need to work on adding to my winners, even more and working on my patients on this wash. This just confirms my exact thesis here, because the way it breaks $ 3 has room all the way to 260. I'm with a chart did it get there again. Did I hold that far? Of course, I did not add an even bigger here right here thinking.

This is gon na flush right here, like this and flush down through to 80s and into 60s when it starts holding and the volume and starts drying out like that was super frustrating. That's why I covered everything I wish I didn't. Of course, you can see it always flush after I cover and literally in the stock was balling was so low, and so it's so illiquid when I covered it popped a little bit and like I was like. Oh, my god, like it's, probably gon na pop back up to be whopping, I can be short.

Nope didn't happen. This stock. I've noticed that in the past every time it holds on the upside to duty volatility when I'm hold, it always sell off for at least some sort of retracement. So that's exactly what I was looking for.

You said they had to offer thirteen point: five billion in compensation to the wildfire victims. That seems like more negative news to me than you know positive. You know so that's why I assured him 7.7 20s pop and anticipating the $ 7 washing, and that's why I got a little 20 cent scalp, so the one that everyone was talking about apt and actually didn't partake at all with this one, no 800,000 shares float There were so many factors about the stock that just made me want to avoid it altogether. In hindsight, of course, I wish I loaned everything is clear in hindsight.

I've been hurt many times trading, something like this and it's just not a kind of the kind of risk I want to take. So you know I have no regrets not taking this okay, so go and do a recap on some place on the day. Some very nice pre market place long and short. So let's talk about it so apt.

Unless you guys remember yesterday, I didn't play it long or short at all. First of all, like I was actually more short biased, but there were no shares too short at all, and I couldn't loan this kind of stock, because this stock APD and it was up on no news. It was low float and the fact that they had so much dirt on their SEC filings and they had an outstanding s3. They were trying to raise, I think, 100 million dollars.

I couldn't loan, something like this, so just too risky. Oh, it takes is one like PS, TV and capr intraday, offering which this stock did. You know the next day, pre market right. This is the kind of stuff that could have happened.

Intraday, a lot of people make money on this stock, a PDM long and that's great. I just personally couldn't do it because this doesn't fit my risk parameters. So today I woke up early x2 couldn't find any shorts and then they did the offering right. You can see the stock dropped like from 16 dollars to free market.

So you know, if you were long overnights, you know you pretty much blew up so the reason I bounced actually long. This no at the bottom, around 4, 70s and 4 90s is because the offering price was 525. So this talked to the pre market, offering priced at 220, five for 12 million dollars and offering so the reason I longed. This is because, first of all, it's free market dump, pre market down from $ 12 to four 50s and the offering price was 525.

So that's the reason I went. I call this dumpster diving, I'm just rolling for a quick little scalp bounce. The fact that this happened - pre market means to me that an open it's likely gon na bounce right, this kind of drop from 12 to 4. It it has to bounce some shorts covering and also the offering price, was again 525.

So that's why I longed risking $ 4. It's a risky play. I know like that's why you need a size according to your risk, but you know it was a small size just for a little bounce. Please play as you can see.

I sold into the pop at 570. A little like one dollar is sure it's pretty nice small size, but still like. I wasn't gon na hold it for the bounce to eight dollars, because it just wasn't gon na happen. So next one I want to talk about is another big one and sys okay, this one.

I was much more willing to loan this because actually couldn't find anything dilutive in there SEC filings. The last s3 registered was in 2002. So that's over ten years ago now saying they can't use it just not as likely and no like the stock was also low float. This volume was extremely strong, pre market and also at the open.

So that's why I was much more open to long this. On the front side, as you can see a lone free market after know the there, the volume can gain in along this, and I see that on a daily chart, it was a lot of room after it cleared. This 525 has room to five 50s and then six 50s and seven and eight. So that's why there was a lot of upside, and I know my clear wrist.

My wrist was clearly 525 and ultimately for 80s. Right as I and I was lonely in a frontside and with momentum and enough volume, this thing is more likely to push no not pushing how high I don't know and that's what you have to always sell into the pushes you can see along here. So some here and then reap some unzips here and is sold majority into the into the spike here and then majority into the open. And here I long the first wash right.

This is what we call the wash out long, because the shorts or pants upside down, trying to short this pre-market and sys, was actually easy to borrow. So a lot of you are snagging all the shorts available everywhere, I'm oh, the cheap brokers, it's probably gon na squeeze first before the eventual dump right. You know. I was long here alone here, so the majority and long the first washout, because the into the thesis was that the shorts, I cannot get used the first wash to cover.

So that's the whole idea about the washout long washout Long's. I got I'm not gon na. Try to hold it to $ 8 for home run no a long thing. I was selling into every single push and I had that one last bit which got stopped up here, so I did give back a little bit of profit and after I saw seeing the curled is we're trying to no longer reclaim, as you can see.

When I see that $ 5 was holding and the volume coming in and that's where I got long and I was selling into the pushes like I wasn't gon na try to aim for another six $ 57 like no like this is not as risky as a Dumpster-Diving on a DP n, because this stock I couldn't find in dilution, but it's just a low flow to squeeze play and this one I try to do the same thing here. I see a break above V walk with solid volume. I was trying to see if this continuation to 650 and then retest $ 7 eventually, but I see all these wicks, you know like just couldn't break through every time he tries to push someone slams it back down. So that's why I know like okay, like this - has solar selling pressure from the upside here.

It's not gon na hold this V whopping and like squeeze so actually sold all my mom's here and I flip shorts on my other account after I try. I got all mine long remember on my other account on this V. Reclaim, that's why I got in short. Actually I only I could only locate, really small size.

It was really hard to borrow even trade 0. I only got about quarter size and I use no. Only a quarter of the quarter size, so somebody do a math for me. I can't do math.

I. It was just a tiny little short scalp from 680 608 down to 5 60s. So that's what like what 50 cents just as honey scalp. So after I got out, I just kind of had this on all day, just watching this with no long or short positions, and I saw that this was consulting about five dollars, so somebody so four hundred thousand shares on this three-minute candle break down.

You know this candle was such a violent breakdown. It broke five dollars, five 20s five dollars and also for eighty two, all the support from intraday. So that's where that's a signal for me to go short and slamming the bid on the way down. You can see this kind of selling volume is significantly higher than all the consolidation candles couple.

Other ones mrn was a long play from yesterday. I didn't play it, but was on watch this yesterday, really strong breakout candle on the daily charts. As you can see, it was capping up to twenty 180s and there was a significant resistance daily pivot lying around twenty 180s. So that's why I was shorting risk in that area.

I started in hearing either even bigger here and after I see a start like after it, pops 220 180s and starts flushing even pre-market. That's why I know okay like no like my thesis is correct. So that's why I held all the way to market open and cover into all the washes you can see cover cover cover. I didn't bottom tick, you know like I couldn't do it, but the best cover was here and I reassured it on the pop to retest red to green, the first retest.

It's likely to fail right. So that's why shorter into it add the interview more shorts and it covered the entire real short here. I'm glad that covered and not like you know, waiting for 2050s because you can see this immediately like spike back up and rebounded to retro green. So it was a really nice trade on a.m.

or in short, the other one. This was a loser nerd a DD og. It was an earnings play. The daily charts breakout was looking extremely bullish to me and that's why I kind of I'd known the dip here.

I'm I'm happy about my entry, but you know like my exit, could I mean a lot better? You know like I was sold some into this pop. I only sold like 1/8 sighs. I was trying to trying to see if it can retest the highs, because on a daily has room to 42 dollars, but, as you can see, I didn't say my stops tight enough right and also like this was really far away from the you up. So I shouldn't have you know being that patient? It's my risk was gon na, be the vo op level, so I got out too late, so it was a nice little green treat.

But after this this tiny, like I got stopped out here. Finally, in this trade turned out to be red, so let's talk about a loser, I'm a day, first Roku short, so I was wrong: shorting pre-market, risking the red to green lying shorted, pre-market, shorting, the pops and then covered ammo, sir majority here and keeping my wrist Tight, the idea is that the stock is being up for four days straight. I was thinking today is gon na, be the profit-taking, but I was wrong, but you know like I always really tight with my risk and I was paying myself on the dips just some to make sure I'm not super red, but you know after the covers. I was happy without the way I cut my trade, I'm still red on this trade, but that's okay, because the risk and everything was pre-planned.

The next one there's another problem with the XC. You are so this one actually loaned it and then ended up shorting it with my other broker. This one. I trade it alone because I was thinking of $ 3 holds it can retest the pre-market highs.

You can see, I didn't buy right at the open. I waited for a dip towards $ 3. I got in that 305 304. I was thinking it's gon na bounce back and then retest the highs, but it was extremely heavy and that's why I got out for like breaky but like for cents.

There was nothing. It was a starter, so I was trying to add and trying to work on my loan gains, especially on this, this kind of setup, but the stalker just kind of sold off the other trades or trades on my trade, zero cam while was shorting on on this One XC, you are so I shorted after I saw the haul hard $ 3 rejected and I sure to here - and in hindsight I wish I had the back here, but I was thinking some retest the highs here then that's the spot. I'm warm willing to add to my bigger size shorter here now the best entry bells had a lot more to add. I was singing a theory test the open area in that's an area for me to add three times.

Three three fourteenth's will be ideal, didn't get there and when I saw how hard it was slamming and then this time around breaking down the previous moles, that's why I added pretty nice solid day. A lot of base hits nothing big like yesterday, but base hits. Do add up to a very nice solid day: okay, I'm very exciting Friday, lots of action. I started out with AMR, and this stock was actually hosted for the entire Thursday.

Remember I shorted them Wednesday, and today I was coming in short with the same thesis right. The stock, finally, I'm Jota today's around 7 a.m. market time and it was actually gapped up after the unquote from 21:52 23:23. So the plan was also on the dating was capping up to near all-time highs at 23 80s.

So the plan was to scale. In short, small size, pre market and add when it pops old time highs, you can see a pop to all-time highs, 23, 84 and that's where added and pre market. I was actually a little bit worried. I got so.

I covered a small piece here, just in case I was thinking. Okay, I don't know if I can withstand the risk from 2020. I think I had about 20 to 90 s average to 23 90s. I don't know if I can with send one dollar a risk and that's why I covered a little bit, but you know, like I really thought my thesis I was like you know like I'll.

Put it back on just a little bit bit and leaving me even more room to add and that's why I did know I trade, according to my plan and added thing, if it reclaims 23 90s after the ad, with a really strong volume, I'm gon na have To cover it for a dollar loss right, like you, have to consider whether you're okay to withstand that loss - and I thought about it - I thought about you - know the rest reward in terms of upside and downside, and I decided that I'm willing to take that risk. So that's something you always had to pre-plan and not something you just decide after the fact right. So I added to full size and started flushing right away after the ad and that's why I cover in pieces cover cover and then I reassured it after seeing how volatile and how much selling there was and that's where we short and covered everything here. I didn't.

I wasn't convinced to hold it all the way down to $ 21, because I remember when I was shorting it Wednesday, how fast it recovered from the wash and we claimed they went red to green in this stock has a tendency to do that. It's a biotech! It's really volatile. It has a tendency to hold the lows move multiple times and go red to green, which you know it could possibly do later on today, but I'm all done with this trade. The next one is SOS.

So this one there's a recent reverse splits that I've been tracking and they actually are started running near the end of the day yesterday. So if the PR had came out pre-market without being a different story, but pretty market, i just capped up to $ 8 and medially dumped right and on the daily charts. This is a reverse split, so you have to check on stock charts to see the actual daily chart, reflecting all the reverse splits prices. Basically, there was highs around $ 8.

You can see up here. It was highs around $ 8 and resistance $ 8 750s, and this is actually the low some of daily charts. So that's why I was shorting the pop at the market open, but I didn't want to. I wasn't convinced it's gon na continue selling off to 540's right.

They had to upgrade by maksim, but very, very interesting. They were also the ones doing the underwriting for offering. So you know, let's, this is legal manipulation right, oh and another, really good one. That happened near the middle of the day is current ke, R and current.

This was you know. A downtrend in chart also was a low float with 5 million or three million shares. I remember getting hurt on this back here right. That's why I'm not gon na make the same mistake again and I was actually long.

It's a classic buying the dip after a halt. You know like oh, it was easy to borrow how many brokers and that's why I was thinking. Ok, many people who are short their pens upside down, they're gon na take the first tip to cover and that's the idea right and that's why I bought into the stick and also this 530 area there's well. It was up here.

It was some daily support around here and that's what I'm using the risk of 5 30s high 40s area, and that's why I dipped it here and I was selling into the pops. I wasn't gon na hold it to potentially go to 7 & 9. It could, but it has to prove to hold about video up multiple times and that's why I sold some here and are selling in the most into these breakout around $ 6. You can see there's a lot of resistance here around no 646, 50s and then 660.

So that I wasn't gon na hold all the way up and was taking advantage of the buying volume on this breakout to sell into the breakout. So a nice little midday scalp the last one, it's a short on PST B. It's very interesting because I was just talking about here's TV last night during a V recap. So PS TV was gapping up due to better than expected earnings.

Yesterday, right away, you should be looking at a daily chart and how much dilutions it's been doing since this candle and there's so much overhead on the daily. So that's why I was more short bias on the stock. It has to hold three dollars in order to have more potential to push, but you can see it stuffed really hard we're on a pre market highs. I didn't have the best short entries.

I was shorting here three dollars and it covers something to the wash and I was ready to add on to the spikes towards 340s and it never got there. So I never got filled and you could say that. Oh, I should have shorted him and yeah in hindsight I should have, but you know I was trying to be more careful with this, so you can see my ads here and my last ads will appear around 340 s and I was covering into the wash and Now it's dumping hard, so very nice, so cool casting very hot this week. Very nice follow-through a lot of momentum and really happy to see it.

You definitely don't have to be able short to make money, as you can see, there's a lot of opportunities like earn, and anyway that's why in which you can loan on the front side as well, so there's opportunities for everyone. If you have questions, let me know in the comments below thank you guys for watching and I'll see you next time.