All right so you guys can watch this live trading video. me trading RK da to the short side back on Monday I Uploaded a video of me trading it to the long side making $4,000 of profit today. you're gonna watch me trading to the short side making only four hundred and fifty dollars. Not a lot of money, but a really good trade considering I only have two hundred and thirty six shares and I think you guys will enjoy the analysis of the stock even despite the fact that the winner isn't that big.

So this is a stock that squeezed up 200 percent, getting halted multiple times and I'm gonna break it down for you guys, so hope you enjoy any questions. Any comments, leave them below. Alright, so we've got our kDa halted. The whole time was ten, thirty two, and 43 seconds.

resumption should be ten, thirty seven, and forty three seconds. Exactly five minutes later, halted on a circuit breaker for moving more than ten percent within a five-minute rolling period. So these four candles were enough for a ten percent move and a halt. So I would watch to see what it does out of the hall.

I Kind of think it's gonna be a possible short, maybe a squeeze if it opens higher. I Think it'll squeeze and then probably roll over so I would If I was in, be willing to take profit or scalp to the short side. The risk on this one for me is definitely higher than the typical stock. I would trade so I would size accordingly so you've got a high there.

so the high is Thirty One, Twenty Two, and look at already. back down at Twenty Nine Fifty. so I don't even think you could have shorted that without having a hot key already queued up. The high now is Thirty Two Twenty Four big spreads over at almost a dollar right now 50 cent spreads.

It's hard for me to even read the level to when the spreads are this big. So even though I think so now, it's looks like it might it's gonna halt again. And the reason it will halt again is because it dropped twenty nine and then spiked up to thirty Three Sixty Four which is ten percent. Alright, it's like three points.

So even though to me this looked more like a short, you know it. Just goes to show why. I'm staying clear this price range because they can be pretty irrational and they can be irrationally strong longer than you can afford to keep holding it is. You know the other side of it is this stock really? Should it really be worth thirty five? Thirty four dollars a share? I Don't know, but it was worth four dollars a share last week.

So you can have that short bias and say this: things are probably gonna come back down. You know, Five Five, Six dollars. But can you hold it until it, you know, turns around? Most of us couldn't So my bias on this was to the short side because I felt like it had already ramped up so much right here to four or five green camels in a row. To me, it didn't make sense that anyone would want to buy it as high as 31 or 32 dollars.

but perhaps don't only I don't know, you've got some of this. Those are the emotions right now. so the fear of missing out will convince people to buy it at pretty high prices. and maybe that plus some people who did short it in here getting squeezed out I Don't know - think again.

with a 3,000 share position, it doesn't take much to be down. 10. $15,000 Arkady da getting halted on T12 pending investigation from the exchange. It's possible, but it did have news this morning.

so the markets reacting to that actual headline that came out so I don't know if that risk is as high as a stock that was moving. Without any news at all, you can check this. the halts on NASDAQ Someone mentioned it and just as a question if there was the risk of it and I said I I Don't really think the risk is as high considering they actually had news this morning. you so yeah, it's it.

The the halt code right now is El UDP which is the volatility trading pause. So the whole time was at ten, thirty eight and forty nine seconds. and I'll you know I have no problem saying that I have FOMO I see the stocks up one hundred eighty eight percent I don't have a single penny of profit on it today I made four thousand on it on Monday though and I did it Following my rules of my strategy based on my price range. Statistically, you look at my my profits from the last two years.

it's like six hundred thousand dollars in profits. I don't make very much money on stocks over twenty dollars a share. Those are stocks that I often give back profits on I know that about myself I'm just not as good at these stocks and I'd like to get better. But in the meantime, I'm not willing to risk giving up good gains by trading a strategy or a setup that I'm not good at.

so you know you have to have that knowledge of where you're at. So the high is 3465. You can see the big spreads. Remember if this gets halted going down, it would most likely open lower which could give us an opportunity to buy a dip.

But again, buying a dip on a thirty three dollar stock is not my go-to price my go-to strategy. The other problem with these dips like the one we had here, is that it now sets the volatility band from below up to the high. So now from thirty to up to so thirty two plus ten percent would be three point two points. So that's thirty five.

I mean we're really kind of right out of potential circuit-breaker halt again. I Mean it's it's very close to another. Hall right? so there you can see the way that's trading at 3740 3740. This will get halted again on someone sells low enough to bring it back within the volatility bands.

It's not halted yet. But now this all right. So it's crazy. Interestingly though, the volume is decreasing and that to me is a warning sign.

decreasing volume as we continue to squeeze up. Just don't don't give into the foam. It's all I'm going to say because even if you got away with it on the stock, there will be a point where I almost am 100% sure this will turn around and it will drop. It'll drop 10% it'll get halted going down, and it'll open three or four points lower.

and that's where you could wipe out months of hard work months. Yeah, this. this spike here had decent volume on the one minute. I mean the one-minute volume is increasing a bit.

the five minute is decreasing. but I guess that's because the circuit breaker halts. And yeah, sure you could say oh, I'm just gonna buy a hundred shares because you know, who cares, it's only a hundred shares I Just want to, you know, be part of the action and you know that's that's fine, that's it's. probably not a bad way to test the water, but you still want to buy at a logical point a good set up because otherwise, what are you just gonna randomly buy these any time they start popping up? I Mean it's it's one approach.

but for each one of these that do go parabolic, think about all the others that do the false breakout. they pop up and then they reverse hard. Well before they they get up here. You know they reverse like at this point here they retest hi a day and then fade.

So the whole time on this was 37. sorry 10:45 so resumption should be 10:50 and 4 seconds. Now something for us to be mindful of is that when we have a stock going parabolic like this, FOMO does pick up four trainers and so some traders will have the discipline to not jump into the stock. That's going crazy because they're like it's up too much, it's too extended.

But the next stock that starts to move, they're going to jump on. And you know. So when you see another stock start to move, that's when you can kind of be looking for. It's almost like you know the Sharks are now in a feeding frenzy.

There's this, you know, huge opportunity to arcadey. A You see a drop of blood in the water somewhere else and boom they're on. So that's something that we often see is this sort of we call a sympathy momentum because we see momentum on one stock and now we see it on like four or five six others that are really only strong because this one is gotten everyone so excited. You can do what do really trading sympathy Momentum So far today we don't happen.

We have Arcadia 220 percent and that's really it. dxtr you know my 500 bucks there I Thought this might get a little sympathy momentum but it is doing this rejection so it's It's dropped back down at least for now and it doesn't look that great. Yt En is on the scanners but this one doesn't seem to be doing a lot yet. So right now it's kind of a I don't know, just we just have this one, nothing else.

and maybe that's because of the price range. We're not gonna get sympathy when you have a the stock that's going crazy as thirty seven dollars. Maybe if it was at the five six dollar price, other stocks in that range would get get going. Okay so there's the resumption.

Remember if it drops 10% so the open was at 37 44. so if it drops basically four points to 30 33 dollars, it could get halted going down. So I would watch this. you know for a potential short.

Got my order I'm trying to short it but I don't think I'm gonna get filled. No I filled two hundred and 226 shares. So I'm doing this Really? just not because I'm trying to make money, but just to prove the example of what I expect it's gonna do what I expect it'll do is I expect it a little bit lower and then I'll cover it on the drop so it's you know Again, this is this is not my my go-to strategy by any means. Number One the short stocks number tuna trade stocks in this price range.

That's why I only have 250 shares I'm going on small size, but I've seen these happen enough times where they the first halt going down. it ends up resuming quite a bit when once it resumes from the hall that presumes lower. So I would kind of think around the the nine moving average which is 31 27 but I would I would definitely have a hard stop at the highs and you know it could stop me out. but statistically there's a very high likelihood this will open lower.

So one of the problems for me is I don't have any hotkeys I don't use hotkeys for short selling. All of my hotkeys are for buying to the long side. So what I'm gonna do on this is manually prepare a couple of orders. I'll prepare one for a hundred see I got filled only to 226 shares.

so I'll prep one order. let's see for 204 113 shares and another order for 113 shares. so I'll have and then I'll actually press prepare another one for the full 226 which would be my stop the one I'll use for stop. I see OPH see popping up and you know I I kind of I I don't know if it's gonna be the sympathy Momo stock it's on the scanner for sure.

The high is right now 50 but the volume is light and the spreads are big. It is a stock with a history of making bigger moves as you can see, but I'm not sure if it's gonna do it here. I think I'm just gonna focus on our key ta for now. So the whole time was at 1050 41.

So again I've got I'll put an order at $35 for my max loss. or maybe I'll just put it 36 just in case it squeezes. So I'll have one full order to close out max loss. So I buy there and then I'll put an order maybe at 2990 to cover half.

Let's see if it drops down. I'll put another one at 30 190 I know just throwing out some orders and we'll see what happens. This should resume in about a minute. So again, the reason I'm doing this is because I can't I don't have hotkeys to get out using partial z to bailout or anything like that cuz I don't I don't trade to the short side enough to to want those keys.

so I just I just have to manually type out the orders which is a little bit of a pain and that's why I have them set up in three places here. so max kind of profit target of 30 bucks per take, profit on some 3190 and bailout on the whole thing at 36 if it goes the wrong way. like I said, fortunately, these are lower. The fact that I'm taking it short probably means there's a really good chance to look open higher and squeeze through the highs.

but I'm not gonna switch along I'm not gonna go FOMO if this doesn't work to the short side, I'll just get out and this is not a big deal. Alright, so we've got about 15 seconds to resumption here, so halted it 33 70 I'd like to see a resumption on the lower side and I'll probably look to cover half into that resumption one with my order up just a little bit. So it's like this might be a 10-minute circuit breaker haul, which is definitely going to slow down the Momo So this is the other interesting thing is that we've seen five-minute circuit breaker halts and then we've seen 10-minute circuit breaker hauls and they're not in between. It's either 5-minute or 10-minute and actually I got to cancel my order here I don't want to fill the rest of that even though it's only 14 or 15 shares.

So the it's kind of interesting when we have a five-minute versus a 10-minute I'm not really sure who's the decision or on which one it's going to be, but it seems that the ten-minute halts were something that kind of started in November/december to slow down the momentum and we would see them on stocks going up and sometimes on stocks going down. And so I know if I was long on the stock right now I'd be I'd be nervous if I was long I'd be nervous because of the risk of a T12. given the fact that self 188 percent I would be nervous because if I bought it anywhere above $30.00 my downside risk I think is a lot higher than my upside potential, but you know I'd be starting to wonder if I gave it to FOMO by buying it that high. So the ten minute haul kind of increases the amount of time you can worry about the trade unfortunately.

So OPH see you know It was a possible sympathy play, but didn't really hold up. white NYT and a little bit of sympathy on this one as well. From 210 up to 250, it does have resistance at 283 the 200 moving average. so I think again.

even at this point, it's a little high for an entry. So yeah, I'm already short RK Dao short at 30 370 going into the drop which isn't the best entry obviously I mean that's basically it was the low of that candle so my stop is kind of far away I only have 226 shares. However, the reason I shorted is because statistically, when stocks go up this much the first circuit breaker halt going down, they almost always resume lower so it I wouldn't be surprised at all if this resumes at $31 for instance and that's only two dollars lower. But you know that that's not bad.

So that's kind of what the play is here. the expectation that it will resume lower. Some people would do a dip by if it opened a lot lower like a 28 or 30 and then try to scalp that first pop, which is where short sellers in this case like myself would cover. so that's also a play.

But I'm not gonna do a dip by on this just because I don't I just don't feel comfortable on it. We're about a minute away from resumption now and if this ended up being halted for like 30, 40 minutes or an hour, you know that just it doesn't resume. That would be okay for me. Also, because that would almost guarantee that it'll open lower because by the time it does resume, people are like I want out.

So alright, I've got my orders ready to cover. got one around 30? I'll put it I'll move it up a little bit, whatever, and then another around 32 and we'll just kind of see where this thing opens I'll probably I mean I might just end up covering it market. but I've got my orders for 113 shares, so let's see where this opens. So I want to see a little bit of a drop there? covered, half covered another no, come on covered another 75 shares and I'd cover the rest.

So the high of that candle is 32 16 I don't want to see it over 32 16 So 32 16 is my new stop. Covered the rest. So 426 dollars profit. It's not a big winner but with 250 shares you know Green is good and that puts me up nine hundred ninety two dollars on the day and I'll take it.

Some traders like I said would do a dip by here but that's not really my my strategy so I'll just leave it alone, take the one reversal and be happy that I'm Green on both my both my trades today. Alright, so that's it for me here. We're past. we're at 11:00 a.m.

I don't usually trade this long into the morning, so another good. Green Day 992 dollars if you're still watching. You must have really enjoyed that video. So why not subscribe and get email alerts anytime? I upload new content.

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