Hey guys decent start to february. Since monday we had a couple of decent plays monday, tuesday and yesterday started getting a little bit slower, but i did get some opportunities in the late afternoon as well, so those were really decent days and today, unfortunately, it's the first red day for me this month. So definitely had a had a small pullback um, but uh overall, i'm still very happy with how the month started. So, let's talk about the place yesterday, first um, so i was watching vxrt uh when the stock.

You know if you look at the last few three days it gapped up to new highs pre-market. I think it was around like 23 dollars pre-market and this thing just tanked um, without some very negative news about about their drugs in the pipeline. And that's the thing about biotechs: they can rip for the last three days and it only takes like half an hour to crash from 23 dollars all the way down to 10. So you know, of course, when it opened from 23 gap down to 11's pre-market uh.

It was looking really weak. I was very cautious. I didn't loan the stock just because biotech's you want to be careful that you know the the. If you're, trying to catch a falling knife on these stocks, they sometimes can tank a lot further than you think.

Uh potentially down to sevens with sixes, but i did see um a decent reversal play around here. I had a small short um, the long side i was. I wasn't too scared to get into just because of uh um. You cannot just trade the technicals on these biotechs, especially when have these drugs fail news, so i had a small short just a scalp um, and then this thing faded from twelve dollars all the way down to nine dollars by the end of the day.

So this is not one of those uh by the dip opportunities, and i just checked today this stock vxr t faded, even lower um to low nice, so just be cautious when you're trading, these biotech stocks, the other play yesterday, i only had small size on - was Sino, so i don't know if you guys remember, snow was a shipping company back in 2016 and it's part of the the entire shipping hype where the rys drives went from like a dollar to a hundred dollars in three or four days. So this was part of the hype. I think this one went to like fifty dollars, something like that um. That was amazing times back then in 2016.

um and then you know their shipping company, and i guess they announced some pr uh pre-market yesterday saying that they are getting into the electric vehicle space or was it like vaccine but they're hopping on the bandwagon somewhere else? Um and a lot of times these kind of press releases they're just pumping dumps um. So you can see the stock uh. We ripped from five dollars previous day closed, all the way to 16. uh.

I wasn't involved in that um. I was kind of watching if it's gon na retest the highs of fourteen dollars pre-market, but it didn't just stays really heavy and off the open. You can see a spiked 2 11 and just failed um, so i scaled in around the 11's and once it keeps on failing and selling off, i'm adding even more um. But overall i didn't.

I didn't get that much size on it, just because yeah it's a lower float so got ta, be cautious with those um, especially when you're kind of shorting the weakness, which is essentially what i was doing, because it was really weak, um the stock tanked from ten Dollars down to um 850s and then near the low of the day was about uh, seven dollars um snow, so that was also a small trade, so yesterday was actually pretty slow for me um. I only had like a couple of like small trades, but kodak came in at the right time. Uh they had some recycled news like old news, and they announced it again. Midday yesterday well not middle around, like 2 p.m.

In the afternoon it was, it was like gon na be like a really boring power hour. Until i saw kodak running up from you know, 960s, all the way to 13s had a startup position around the 1280s and added once it started. You know you can see, making lower lows and lower highs as well, so no essentially we're not holding the breakout, and this thing just faded. I think the key is that the news is recycled um, it's from i think, late november or early december, but i just remembered i've definitely seen that news before and the stock just faded from 13s down to 11s and below 10s, so those were pretty straightforward plays Yesterday - and that was a decent green day, but today, unfortunately, i am ending the day.

Red today is one of those days where i just couldn't get anything going either on the long side on the short side and just death by a thousand papercuts. Now the last stock i played is a gamestop on the long side. Um, don't worry, i wasn't shorting it. There was no shorts available and i loaned it looking for the reverse, so you can see the stock we have.

Basically, if you look at a daily chart, it broke down, for you know the last one, two three four fifth day um so and if you look at the area, i was looking for around the 63s, some small daily support. I was looking for a bigger bounce. Honestly, you know when i launched it around the 63s small size and i had a bigger around the 66s. I thought we were gon na get a very nice reversal to 74s and above like a strong bounce right after looking at daily charts.

But i'm sorry like this thing was just so weak all day: every single bounce. You can see all these small bounces are sold into and just downtrending, and even after this reversal, around 12 o'clock, 12 15. It did look like it was going to be very strong and i was looking at it thinking. Oh maybe i'll, join in and buy the stock again for another bounce.

This just got rejected hard off the 71s, and now it's fading down to the low of the day. So i'm not sure what the stock, but i'm just saying it looks pretty weak um. I think this thing could potentially break down 62s and go test 60 dollars and below today, potentially remember if you're trading, this gme price action, trumps all um, i really did want to see gme back at highs. You know have a very nice bounce on the daily back to 90s and potentially above and unfortunately just not today it was very weak for the entire day, even after ssr is triggered so for gme.

I do want to buy and go along the stock for another bounce, but maybe not today. I will be looking for the first green day, uh for the move to the upside, so maybe that could be tomorrow or next monday. So today definitely was a little bit. Choppier than the last few days, but hopefully we'll get more volume - momentum pick up tomorrow, uh.

So, let's start with the first one av xl. So this one actually made more money on the long side and then i gave back some on the long side once it kind of just kind of rug pulled on me from the 26s. I did long here. You can see, i loaned it stopped out starter size.

So that was fine and once it broke out and that's why i started adding on the dips and then sold into the pushes. I had a pretty aggressive ad because i really thought it was gon na rip to 30s and with these kind of volatile stocks you have to add on like small increments. If your full size is, let's say a thousand shares, you cannot just go in a thousand shares at once. You have to like go in pieces like 100.

200. 200, 500. um. So that's what i was doing slowly and selling on the pushes um.

The spreads were huge on this, like it was a difficult to get filled, um, both selling and and buying so uh. Unfortunately, like on this last ad, i got a little bit too aggressive. I did sell something to this, but this is where i got rock polled. Um and when this thing just tanked uh, unfortunately, but i did follow my stop so i gave back a lot of profit on the long side.

Uh and i did start a shorting around here - just small size, just a tiny scalp, and once i confirmed that it's going to break down and break down below v-lap. That's why i scalding a little bit more on the short side over here, um shorter. Some! You can see, there's higher lows and below v lap um. I didn't reclaim it if it had reclaimed the v-wap around 23s.

I would have cut my short and then i started adding it was. It was like same thing with a long side. When you add a stock on a short side on a easy to borrow stock, like this, you have to add in like slowly so i was adding like very slow, um and and the the short was okay. I did better generally on the long side uh, but just unfortunately, i gave back a lot of profit.

The show turned out to be like a very, very small win and i re-added some um because i'm covering into a flushes we added some around here and then i basically was all out around 28.. I tried it again here, but just got out of it um. You can see the stock is kind of slowly reversing now, cpsh, i'm sure a lot of people got ripped in the face on the short side, since it was an easy to borrow stock. I knew that, but you know i still like it was a setup.

So i tried it with a small size to start and i stopped out so i lost on the short side um. I didn't try to go along the stock, so it's all short, but i did lose on it. So i this was a nice cover um. I started in small size um covered here, another small size here um, but it was hard to stop out um.

The stock was very volatile, so even with a small size uh, it's still a decent, like three dollar share loss with a small size uh. But i was okay with that. Generally overall, it's still knit red on cpsh and i just kind of left it alone. You can see the stock um.

You know a lot of fake outs, you know tried to reclaim view up and just got slammed back down to 20s and now it's holding and grinding back up. So i think this stock was just very difficult to trade, at least for me, and the spreads and the fields were terrible, so um overall net bread on this sticker on the short side, so the third stock um i traded on the long side. But this one ended up being a small red, that's sklz um, so this one um they had some news of um right: a new agreement for uh nfl gaming contract and the stock is also trading at all-time highs, um and then so i was loan bias. That's a very, very bullish agreement is a very good contract for the company, of course, especially with the nfl coming up right, so the stock.

You know, i i didn't trade this at all. Until midday once i saw it forming higher lows um. I did think that it's going to retest the highs around 39 and - and i i wanted - i thought you know we were gon na - see it rip higher to 40s and above uh it was just so slow and that's where i got chopped up. I saw i had a starter, so it was a starter position.

I was okay um risking around the 37s. I even added some so it was going fine and i just kind of broke down 37s for like a few um candles and it didn't look like it was gon na, like you know, losing bids. If you look at the volume right over here around the 11 15 volume was so low and we're breaking down 37. That's why i stopped out um so took a loss on that and this thing just reclaimed and like ripped higher, and i have no idea where this volume came from, they just volume search out out of nowhere.

You can see this 400k volume candle bar around here. Um, i did have another like smaller size, um going back, but it didn't make much money on here. You can say i had a small ad here and added here along the trend essentially and i sold everything around 39 and then stopped out so overall, another red ticker. So that's what i mean by death by a thousand paper cuts if you enjoyed the video.

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