Today is Tuesday and we are just coming back from a long weekend Memorial Day weekend and you know I haven't traded for three days I was so excited. I was up late, preparing all the charts. Actually, you know drawing all the levels reading into the stocks and setting all my alerts, so I was ready to go. I was really excited and guess what I slept in today.

Oh, my god, I don't know how I slept through like three alarms, but I must have been really really tired, no excuses, but I basically missed all the plays that I had prepared for and of course I was extremely frustrated. So whenever this happens and the last time I slept through an alarm and wake up late for the market was maybe a year and a half ago, so whenever this happens, I just you know, cut my size I size down today. Am I still traded a couple couple of good trades couple of bad ones and we'll go over them, but I immediately sized them. So that's just my rule.

If I switch sleep in and then if I'm mad size down so the biggest size I had ever today was only 500 shares. You know like the breast, such as small sizes, so I don't do anything stupid. So, even if I lose its small loss, it wouldn't be anything. You know.

Significant ACB was a loser. What a being a winner! If I sold right, I got here in about 15 80s. You know, I, you know we touch 16. I thought you know we can actually go red to green and then go higher on a day and stop topsomm at the back in thinking that we're gon na retest to go higher again, didn't work so to know to be a small loser and the other trades.

I was really good actually, but actually took me a few tries on the stock pen, so this is a stock that I know a lot of people have been stalking for a read Dave too short, just because you know look at how extended with being on the Daily chart we've been going higher ever since $ 18, but it's one of those situations where you know you don't want to go all-in. So if my full-size is 500 shares, I don't want to go in 500 shares at one. So I'm like make sure you know. I'm throwing out small sizes just testers to see how it's gon na work out.

So that's why I went in yeah, it didn't work, I cut it immediately and it was small size. So you know it was just a scratch. The way it starts working. This is where I can add back in immediately without hesitation, because the loss earlier was pretty small, and I knew that was a tester and I want to add into a winner.

But of course I still because I didn't take my profit around 2944. I was thinking women go flush down to 29 right away, which it did at the end of the day, but this this, the second trade, is the one that coming pretty frustrated, even though it's small size, it's not a big deal. I should still should have locked it in after a nice flush from you know: 30 40 s down to 29 40s. That's still a buck, a share, you know with the 500 side, that's still $ 500 I'll take $ 500.

It didn't work because it's small size. I can still afford to go back in a couple more times, which I did. I actually tried it again didn't work cut it on small size, starter size. Try it again over here around 30 60s and seeing that one after this immediate rejection from the prior highs.

We reject down to previous state close. Now we read again so that's what allowed me to start adding back in, as you can see, and this time around, I'm taking my profits. You can see. I took some here took some more here after we reject again that's where I the back again and got finally got the $ 29 touched I wanted at the end of the day.

So overall I mean you know it's just small sizes. So it's still a good couple hundred dollars, but I guess the story for this is, you know, doesn't matter what kind of share size you have? I should have taken the profit here. So that's my lesson number one and the second lesson is it's. Okay to for me, at least for me, it's okay to go in with, like small sizes, just to see if it's gon na work and add back into it once it starts working to my full size, which, on a day like today, my full size was only Five, so it's not like a big wing or anything, but just goes to show you just you know these testers Isis keep them small, it's okay to take small paper cuts, but once it starts working at into the size you want - and you know at the end, Even though you can't count the losses I had on the street, you can see at the end.

You know it should turn out to be very nice profit and still green trade. On the day, even though I took a lot of small losses, this just goes to show you that, when rates is not important, it's how you manage your risk and how you manage your position sizes now this is a very nice small trade also, so this one Htz this one is Hertz: they actually declared bankruptcy and they're being delisted. So I actually caught this one late. You know I went in long and then flipped short, so I longed here around 90 cents and sold into 125s, and you know it would have been nice to got another 20 more sense, even with small shares of 500 years is still, you know pretty nice so And it actually flips short.

I only got filled 200 shares short on this. When you know I want to add so right after I covered that 100 shares for, like 20 bucks, Irie added here around seventy nine cents covered into here and then either short again covering to here so nice long, trade and short trade on this. It's a cheaper stock, I'm small, my range, but still following my own rule of using small size on the day like this, because I woke up late now. The last tree of the day is mRNA, and this one didn't happen until the the last 30 minutes of the day.

It's one of stocks that I'm very familiar with, so there it's breaking down volumes coming in, so I'm just joining a trend short. You can see on the daily chart, it looks broken right, well, broken charts like this. They tend to go lower. So that's really the idea behind it.

So that's why you know I joined shorts after seeing the bowling combing of the short side. Sorry on the selling side, shorted cover song - we shorted covering to here so some pretty simple trades. Nothing big on this just base hit, and I think maybe you will see more tomorrow and I need to make sure I wake up actually and don't worry. A semi alarms, I'm gon na bright and early at 4 a.m.

Pacific time tomorrow. Okay, so htz was the first trade of the day. I was along this early started pre market and, of course I wish I had gotten more, because I was thinking we would only be able to touch $ 1 or dollar or 5. I did not expect this kind of push all the way to basically retest yesterday's highs, as you can see on a daily charts, but I was all out by this point.

No, I sold some from pre market. You know so some more here and missed a sell here, but up here is where sort of scaled in short, small size at first short, because obviously the top hasn't been set yet and we can possibly see it. Retest, yesterday's highs right around 150 s, and that's where this is where I added and once we confirm, started, adding back to full size and cover it into the flush and added some more and cover it into the fade. I had a little bit more on and mid day.

I added some here thinking that we're gon na retest once and a little bit lower later on. But since we held vo up into the close, that's where I covered up the rest of it and we'll see. If there's more upside or downside tomorrow, depending on whether we break above 150, s were not so those are the first good long and short trade, so gr in cube. This was short mid day for like a tiny scalp and located some pre market.

If I just kind of started selling off from two dollars down to you, know 150 and eventually to 137 s, I'm sure a lot of people were caught off guard with this mid day, reclaim with this volume surged - and I you know in hindsight, of course, a Sharon long long instead of going shorts, but I don't know why didn't long without being a much better long in terms of setup wise but then along it, I scalped a little bit short just tiny size and was all out and before the squeeze. So no should I flipped long now that look at it now I'm gon na piss now, but we'll see what it goes. Oh it does tomorrow. This is a loser.

On the day mark, I was shorting this thinking, it's a similar setup as the gr and Q trade, but it didn't work right. You can see it was really strong. We spiked even higher, but I got stopped out here around 340 s, so I probably lost about 10 cents, cents, 10 cents at most 15 cents per share, but no it's all about controlling risk and the size. I wasn't that big of a size yet and the large cap stock is NCL H this one I also didn't get to add to full size just because there was a lot happening at once at the open.

So I started some pre market, but market was about to open and we're not fading it. So I cut in the pre market size and once we eject this level right here, 1780s, that's where I started back in short, didn't get a good size, as I had wish I should have, but it is worthless and I'm shorter here, 1770s covered some weight. Assume 70, 1750s and then the rest around the 1690s flush. So it's still nice little win, even though I didn't get size I had wanted still no base hits at up right there, not a big trade for me and that so this one it's another one of those are sure they're very early on.

We failed previous day's. Close very early on didn't catch it up here, but I caught the bounce right here around 45 and then 46 s and then shorted and I cover it in to 44 s. We added because it was so weak and cover some more and cover some more, and this would have been the place I should have added, but no Phil was too slow on the under key and a hot key, so it is well, is and covered the rest Of it here and I retorted some thinking that we might fade off near the end of the day when we didn't when this held that's what I covered up and didn't want to swing anything overnight, es EA. This is a really big trade for me on the day, and this used to be a former runner when I was in the shipping sector in 2016.

This was an amazing stock to trade back then. But now, if you look at the insurance, been like diluting sense or not reverse splits back in like hundreds, but this one will stocks every time is. Spikes is just craps basically, so I don't want to loan the stock sure they hear $ 5 cover song come for some more reales, not good at. So that's.

Why covered really quickly and added more on this push treat to retest for tens via WAP, and it was a little bit scary here. I'm not gon na miss what I've been the place to add, but I was at a size where I didn't want to add anymore. It actually even held the four 30s I'm gon na cut my loser and not gon na give back any of the games from up here, but we flushed and the cover some and cover some more and I left a tiny piece for like a potential owed. A fader cuts covered and cover right here, so pretty nice trade adds up to the day, even though it wasn't that big in comparison to impacts and htz.

So while people were busy with a bi o today, I would just stick into what I'm good. At sticking to what I know best, which is mrna and today, actually loam the stock, I know I haven't known the stock for a long time ever since over here. I think I'm this day when they had the pre-market rung up to like almost hundred dollars and long, the pre-market ever since just been selling off. So ever since I think the past few days have been shorting it, but today's one of those days where I feel like okay, you know it's overly extended to the downside and there was some news coming out about a brand new partnership or something like that.

So actually long the stock and did pretty well on it. But of course, there's always room for improvement because, as you can see, I'm longer here sold into the push which I'm happy about and was really ready to get back in. As you can see, cut back in had a really nice entry and I I want I want to see the stock higher. I think this was gon na.

Do this. That's why I add it back and then I set my stop too tight and they I was stopped out and literally right after they stopped me out of stock, took off from 55 all the way to 59. So you know, obviously, I'm a little bit frustrated. Well, not a little bit, I'm quite frustrated, but you know just something I have to work on um, so I'm gon na be doing some back testing this weekend and see you know what exactly what's the problem, whether I you know.

Second, entry should I be lower, or you know - or maybe I should have gotten back in over here. What's here, I'm gon na find out this weekend, but long trade here free decent profits. As you can see, I started longing already right at the open. Around 53 70s and sold into 54 70s and then 55 30s, and you know, would that be nice to catch the rip 259.

But I missed the upside. But I did get back in on the downside on the sell-off right, because this is one of those stocks that every time it rips it has a pretty decent, sell off to the downside. Shorter here, 58 cover some rish water here and here add into my winners and short it on the flush and one tiny scalp over here didn't have the best executions, but you know so decent gang on this, so Mon, the front side short the back side and Leave the rest of the midday grind alone, so I'm really happy about this. Trade on the other trade on the day was PHAs this one.

I started a little bit early. Pre markets didn't get a sighs at once, because the literally just started tanking pretty early on. Without any bounce, this is just miss prints. These are not actual transaction.

These are just miss prints from pre markets, so got in here, just small size start early, because I was expecting it to bounce to 7, 80s or even eight dollars. We never got that so shorter. Around $ 7 covered some before the market opens, and you know still have some final piece and then no in hindsight should cover into 5 80s, but we finally got the grip who wanted? That's? Why I reassured it here covered here and covered here? Still mister, you know 5 90s flush or whatever, but my I was really happy about leaving this along and taking the meat of the move on second entry, and I didn't get squeezed out like over here now. The final trade, it's a very small winner g and us this is not one of those stocks.

I usually trade. I don't like to trade. These super low price stocks that came from 50 Cent's, but you know I caught on the news that they had they filed for an offering for 30 million and that's cost the stock to tank from 260 down to 160. So, while we're shooting a bounce, I need to be a little bit more patient on the bounce, especially with a stock like this, that's really low price.

Where there's a lot of novice retail stuck in this, so you know the first few entries were not great. The better entry was up here around to 15s and added into the winner around $ 2. So I need to work on my entry for this part, but a good thing is, you know I didn't have much sighs. I couldn't locate that much and you know it's just one of those things where it's an afternoon where I just wanted a small win to end the day.

So short, if someone here had about $ 2 average after the reentry up here again, not the best entry. I know that and you work on that and also not having the best entry, and I was so greedy to like I didn't cover into the flush I didn't cover into this flush you can see the covers were not great as well. I cover some reshoot it. You know this should have been the place where I take it, but I was thinking what can when we tested lows.

We didn't get that and I covered everything at the end of the day so and not just being a tiny, tiny winner, nothing big! So a lot to learn even from the winners as well, so lots of action on this Friday. It's not often that we see so much socks running to upside downside, there's a trade for both long and shorts. So I'll start with the loser on a day. Thi o actually lost money on the long side, not a good read on the stock.

I was thinking that it's a low float we're gon na retest, potentially to six dollars, but you know cadency actually lost money on this, and you know after this fails that lying around five dollars. I cut my cut my trade and then went short and met made money on the short side, but overall on the sticker. It's still like about breakeven. You know long trade here and then sure to here covered.

We shorted cover somewhere here, and I was all out in hindsight. What are being you know, a very big trade had I just held it to the end of the day for a three dollar fade, but on Fridays I prefer to just take the meat of the move and move on the next trade. I actually made more money on the long. Then I went back in for the short SN o a this one was up on some data news or some no coronavirus and forgotten.

No after a while all these news headlines, they all sound the same right. Actually, a long pre-market around 13:30 sold into for teens and then 15s again really long, the again free market, but with much smaller size since the volume just wasn't as strong as earlier and actually cut my loser on the pre market and I didn't mark it open. Actually went short first and then I lost money on the short side sure to here covered Andrey shorted. After seeing that were extremely bowlers, you can see this volume is 1.2 million Shearer.

Seeing a three minute candle - and this is a low flow to talk about 1.5 - was something like that million shares floats. So you don't want to add, underestimate this, and everyone was still you know coming into the Friday from the overly bullish sentiment of a bi o. Yesterday, when the stock went from, I think nine dollars to twenty dollars, so everyone's looking for the same thing so other shorts. If you are surely that's fine, but you want to wait for the backside too.

Short right so actually lost my profit, I'm alongside after covering short and I went long and that's why I long to hear not here sold into the push selling some warm and actually have a final long up here around here and sold into you know. 20. Sorry. 1950S - and I was all out - and I tried another long here - but just feel kind of sketchy, so I I bailed up really quickly and you can see - and after that I tried another long here to the work.

That's why I started playing short and the short trade you know overall who to worked out great for me again. You can see I some shorts and cover the rest, and I just left it alone. Oh we're all it's a loss on a short trade win on the long side for the stock for me and would have been nice to fade this all the way to night hours from 15. But you know don't wan na I'll, say man welcome! On the short side, the next doctor was pretty good for me: ABAP also traded, both long and short on this one.

I was long free market, as you can see here and sold into the push into ten 70s. I missed the seller had 12 dollars. I don't know how, but I really added some thinking that we can retest the highs, didn't work, cut it and actually flip short at the market open because other market open the selling was extremely heavy look at the selling volume. So I start shorting added some more miss the cover around 780 s.

I was, I think, I orders out at their own 750 s didn't get that, because I was a greedy little bit and I covered all my short here, and this is where I was thinking that we are trying to retest B WAP and actually wanted to go Long I tried twice as you can see the first time the long here after the cover didn't work. So I cut my long right away, but after seeing, I would retesting vo up again and the volume was really strong. As you can see, I used volume as my key indicator and I went long sold angel hears lonesome more and sold into $ 10, and I was so out by this point stopped out. So actually, I bet made better trade on this one.

On the long side, then the short side, the short execution wasn't as great - and this is where I left him break and came back and longer a little bit more here, as you can see very similar setup as before long to here around ten twenty ten dollars Sold some into this and selling more after we break out above the WAP and went back and gone no grief back some profit, but overall, very decent trade on a da P. The stock. The key factor is that they actually had positive news data in her cumference. Coming up and also the stock was very easy to borrow.

He can borrow the stock shorts everywhere so as a short seller, if you're shorting easy to borrow start, and they have good news and good volume. That's a that's a key indicator for a blow up. So you know I went short yes by then, will stay short, actually flipped low and needs more money on the long side on the stock and also very last trade. On the day I actually have a bi o short.

It was extremely hard to locate the stock short, so I didn't have much sighs, I'm but still decent, because the stock gave us really nice range. I had some small shorts around $ 14 pre markets. Add it into the push around 50 cover it into the flush around 1350 s and then 12 60s, and no, I was all out again. I don't want to get chopped up in the midday grind and the stock is not fading.

This is the stock that everyone was not very extremely long, biased yesterday, as you can see, when a stock ran from seven to twenty two. So definitely in your market, where you can make money whether your long was short, hey guys thanks for watching. I hope you enjoy 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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