So I decided to short Nvidia's stock today and this was actually caught within the live session that I had right before. Nvidia actually reported Ernie's Now It started off as just a joke, but then when the video was actually indicate uh, indicating signs of an uptrend, it showed signs of it being overbought. So I decided to open a short position and this happened now I want to shout someone out because someone in the live stream said you see you just proved that you suck again at trading and it says you shorted you fool and the video stock obviously was up Now how many times have I talked about position size? In my opinion, position size is everything I can buy something with five shares, but when it comes down to actually stepping on the gas, One Direction is in my favor and I can buy 100 shares or 200 shares or 1 000 shares. Those five Shares are insignificant in the grand scheme of things, right? It's knowing when to step on the gas and the importance of Direction being in your favor.

So with that being said, I want to go ahead and show you now I not only took this trade right I walked away with fourteen hundred dollars profit in the green and that is with Nvidia stock from when we got confirmation of it actually breaking below this EMA line. not only did I take this trade after market hours, but also I announced it to my Lpp team right so you could see this the uh, my Lpp team is the only team that gets these updates and I made it very, very simple right? So after Nvidia right reported earnings looks like it's dumping right? This is at 2 19 p.m It says just on the one minute time frame Nvidia Testing EMA support So when I mean EMA support I mean that Nvidia is testing the EMA support on the one minute time frame and if it breaks below this, it could potentially sell off I Make sure that I make my team aware of what my intentions are if Nvidia breaks below the one minute EMA I will add more to my short position and then confirmation. add in more I Make sure that I talk about. you know the risk behind this trade.

I'm not here to sugarcoat anything I say super risky, do Not copy This is an update so you simply are aware of what it is that I'm doing and then um, about what is this 15 minutes later I follow up with the confirmation of lower lows right? the more that this thing sells off, the more I step on the gas and then it finally begins to consolidate. Shows signs of a potential support I buy the cover right? That's how it is that you short and then I show them my purchase of 175 shares and again, it's a very simple trade right. I could have had five shares as this thing was indicating signs of an uptrend. but when it comes down to actually getting that confirmation and it actually selling off in a perfect role, that's nearly three percent.

Three percent might not be a lot, but think about it, right? I Went all day waiting, patiently waiting for opportunity to present itself Market gapped up right away. So yeah, I mean you could have gone with the market, but based off of where the market went, that very moment when it reported to where it closed at, you would essentially be down on that position even if you went long. Because Unless you hopped in before the actual earning report, there was no way for you based off of work, closed at, and where it was at within that one minute that you could have walked away making money right going long on. Nvidia Nvidia Had an instant reaction when it reported earnings and rightfully so right when it comes down to the actual Nvidia earnings themselves.

They absolutely killed it, right? Revenue 13.51 billion with the expectation of 11.13 billion and earnings per share coming in at 2.7 billion with the expectation of 2.07 right? They absolutely killed it, no doubt about it. The only reason I decided to short it was because it began showing signs of resistance and just like anything. I Love trading reversals. It's my focus.

it's my Niche It doesn't have to be something that you personally do, which is exactly why I make my team very well aware of my intentions, but making sure that they understand that my trades are not never something that you should copy, but just like anything. I'm going to do it in a very calculated way, right? and I'm sure, right. Just like this person, it might not make sense to them on why I would take a short position when something is overbought, but guess what? A trade like this doesn't make sense to people that don't know necessarily how to trade right? I Don't expect AMC bag holders to understand how to initiate a trade and how to step on the gas when direction is in your favor and then to cover to lock in profits when there's no more signs of progress. It's a very simple way of trading, but yet effective if done correctly, which again, just wanted to show you that I did decide to short it.

It was a very risky trade, but I made sure that I kept my team up today along the way and I'm very glad I did so right! It was not a perfect trade by any means, but I'm very excited to follow up to see how the overall market ends up trading Tomorrow Based off of where we closed at and based off of where NASDAQ future are right now, it looks extremely bullish. We'll see if it continues this way leading into tomorrow at Market open and see if the NASDAQ actually makes a nice recovery leading up to Friday when we have that Federal Reserve meeting which is the Jackson Hole meeting that again Jerome Powell is going to be speaking at and I will be hosting that free live stream for this meeting or for this speech at 1005 a.m eastern time which is again 35 minutes after the Market opens wherever it is that you're from. So I really do appreciate you guys time. I Hope that we're into thumbs up in this video.

I Just wanted to kind of use myself as an example that you don't need to be a perfect Trader You can take a bad initial trade, but if done correctly right, just like anything with position size, it's all about position size. I Can buy five shares of something and take a small loss, but One Direction isn't my favorite I can buy with a hundred or a thousand shares and that's when it really matters. But to some people it just doesn't make sense and everyone's always going to doubt you to. you know, because you're doing something a little bit different.

Be selective, stay calculated, and focus on yourself because at the end of the day, we are all here to make money for ourselves. not necessarily right. other people's opinions are never going to make us a better. Trader So I really do appreciate you guys time.

Hope that we're a thumbs up. Please consider subscribing. I'll see you tomorrow for my live trading session right at Market Open and if you want to join, it's going to be the second link in the description down below. Like always, let's make sure that we're in the year 100.

Green Note: Take it easy team!.