They said it was impossible to go down three thousand dollars and then still finished the day green. but I did it a red to green move I did the impossible and I finished the day up a thousand bucks. So I started with a big red train which is a terrible way to start. Nobody likes that but it's what happened today and I was down about three thousand dollars.

and because I did that one train with big share size I felt like I had been reduced share size to start digging myself out. The reason I don't want to increase share sizes the losses get bigger is because then if I take a second loss or a third loss in a row, I'll end up you know, doubling or tripling how red I am on the day. So I started chipping away with small share size 200 here 300 here, 400 here. small trades digging myself out.

So I was down, then twenty eight hundred and twenty seven and twenty two hundred four, then 19, then 14 and eleven than eight hundred than 500, then 300, then 200 and then I was up a hundred and then I was up three hundred and an 800 and then 1500 when I finished up just about eleven hundred dollars. Not that I really am pretty impressed with that red to green move. Today was not easy for me. despite having a few stocks that are up quite a bit, it felt it just didn't feel like a very easy day.

So that's the way it is sometimes. but an interesting recap and a trade on TV IX today which is a little unusual trading T VIX long as the market was dropping for about nine hundred dollars a profit. So as always questions, comments, leave them below and we'll see you guys first thing tomorrow morning. All right everyone, So we're gonna do our midday market recap today.

This was a little bit of a choppy day, although I will say that we've seen some some nice follow-through a little later in the morning. Specs: SPE X Right now up two hundred and eighteen percent with a high of day of 36 in it just broke there to 38 40. I'm actually down $800 on it. Disappointing I was down three grand on it from a ten thousand share position coming out of this first halt right here I Bought for the break of two and then stopped out down here when it failed and I took big sighs I stepped up to the play and I'm disappointed because it, you know, immediately put me down almost three thousand on that stock.

I Was able to make my way back up to Green Trading these pull backs through here, but I didn't I didn't feel comfortable taking ten twelve thousand share positions. so my two thousand, four thousand share trades I made back most of what I lost but I just kind of did it slowly. The problem for me was that I just didn't feel comfortable taking really big share size after having those initial losses and now as I'm watching it Oh feeling FOMO because it's obviously moving higher here, so let me look at the daily chart for the next daily resistance. Let's see.

so we've got left and up so we've got 72. we've got 82 and then 96 so you know I start to wonder where is this gonna top out? Volume is still increasing. This is great to see the high there was 69. so typically I would be taking a trade for the break of 69.

We do have 11 million shares of volume trading. These you know, micro pullbacks at this area past eleven. You're gonna have a higher likelihood of false breakouts for dollars. If it broke, that level would certainly be nice to see.

but in any case, 250 percent gain is awesome. So great to see that action. I Just kind of botched my first trade on it thinking it would go right away and it didn't really open up until after it broke through this level. but I got in as soon as it broke through the high.

I was back in and looking for that squeeze. but again here it kind of. You look at 3 doji's in a row. it's sort of.

you know it did squeeze, but then this was a little bit cleaner right through here. But even this, when you look at the 1-minute chart wasn't without a couple of kind of dramatic false breakouts right here and right here. So generally a little bit of a tricky stock to trade and I'm red on it down 850 bucks. hey-ey is the second stock I'm red on this one was a continuation setup looking for the break of yesterday's high and the pre market action here of 6.

so it broke 6 as you can see. but I got in right up in this area thinking it was going to just continue to squeeze through 650 and up to 675 I then held through this pull back down here to 6. It bounced up, did an ABCD pattern and I ended up stopping out right here as it broke this level so that was a little disappointing. That put me down a thousand as well.

But I course had some green trades at my lowest today. I was down at about $2,800 $2,800 So the fact that I'm up 1,100 right now is a great turnaround and I do even have a trade on TV IX that I'll share with you in a second GNP X surprisingly is the biggest winner today. This was also a continuation setup and I bought this nice pull back right here that's very clean. Nice clean pull back and the squeeze up to seven.

second day continuation is what we were looking for so that was a nice clean trade. Pretty pretty relaxed. Vvp are another couple nice trades on this one. We got the break of V whap.

As you can see here, We got a pullback right there. that was the clean pullback and that trade from 30 up to a high of 44. Really clean so that was a nice one. see OCP was the leading gap or the VV PR and CSCP were our two leading gaffers and I am green on both of them which is terrific.

So I'm happy with that. But this one. my trade was right out of the gates at let's see: I bought right here for the break of 40. it drops down to 2 15 and then rips up to 248 and I got out of it with $584 and I was like that's it I'm not touching that one again because it was a close call.

I was down, you know, 20 cents on it. it just flushed down and then I was like all right, well let's give it a second, let's see what it does. it rips back up and I managed to walk away green which was felt like a blessing. so that was C OCP and then TVI X.

So T VIX I was trading because the Sp500 of course dropping. So the Sp500 right now is hitting lows T VIX is hitting highs. they have an inverse relationship and I traded it on this break right here. No sorry it was.

go back. This is a nice one here. so let's pull up T VIX so it's up as 6850. the spy is going down I traded It right here the first 5-minute candle to make a new load.

This bear flag is where I got long T VIX Knowing that as the market dropped, T VIX would go up. So if we look at the TVI X chart, the entry was right here at 66 76 and the exit was on. this move up to 68 I made $100 on that trade I Was felt pretty confident on it. Nothing crazy exciting but just trying to capitalize a little bit on what's going on in the overall market.

You know we just have this big drop the market now has basically I think it's gonna be coming back down towards the 200 which you know typically has been a good support level. as you can see back here so we might see the 200 is kind of right at. well, whatever. it's kind of right at that 307 level below this.

pull back here in December So getting a little bit of a drop here on the coronavirus fears. The market was down quite a bit yesterday, but a gap down and then was sort of not as easy to trade. today. the market opened kind of up on it slightly and then start to roll over.

So this Bear Flag gave me a good low risk entry and then yeah, so that's that's it. AEY Specs COC Pvp, PRT VIX and GMP X Any day that I'm my second biggest screen is on TV IX is definitely an indicator of the market we're in. It's a little unusual for me, but it worked out today and and specs. Looking back at this one, you know this is got a high of 369.

again increasing volume which is nice. This is a pull back setup. It's a five-minute pattern right now that's starting to form. I actually entered I had an order ready to go in my TD Ameritrade platform for specs when it was back down.

where was this? It was like when it was down here and a dollar 70 or no, it was a dollar 50 before it squeezed into the halted dollar 73 and I was like huh? I was like you know what? Russ your read on the day in your main account. don't trade in in your small account. it's this isn't the day. Clearly the tide and the momentum is going against you I think I should just leave it.

leave it alone. So I didn't take the train at a dollar-fifty it squeezed up to a dollar 73 at halts. coming out of the halt I was like I'll trade that in my big account, not the small account. That's a little riskier and it's a good thing cuz I lost on it of course Ended up coming back, but not not an easy one.

so good job for those of you guys who are green today I io vert rated there's no doubt about that, but I didn't hit my max loss and I never had my daily goal I still don't have my daily goal so I didn't hit my trigger a threshold to have to walk away yesterday I Finished the day up right around nine. nine thousand Terrific day today. I Don't have as much to show for the same hour and a half of trading, but I'm glad that I got myself out of the red and into the green, so feel good about that and I'll live to trade another day. Be back at it tomorrow, Hopefully tomorrow we see some better momentum out of the gates.

I Don't get caught in a big washout and have to then spend the next hour digging myself out of the hole. That would be nice if I can avoid that for tomorrow. So anyways, that's it for me. I Hope you guys have a great rest of the day and then we'll see you first thing tomorrow morning.

Bye everyone! Hey did you know every morning I Go live to stream a pre market watch list. Subscribe to the channel, Press the alert button and you'll get the notifications. If you want to learn more about trading, check out the links in the description. If you have questions, post them in the comments because I personally respond to every comment posts on my channel.