Hey guys, so, unfortunately, this is going to be a red day recap. I think i haven't done one in a while, so i was mostly read from the stock sprt. That was the majority of my losses today, but at the same time i also made some decent gains on the nft stocks that we have been watching since last week and especially on our weekend weekly watch list. So let's start with a loser: first sprt.

So this stock was gapping up. I think, like uh, two three hundred percent from a merger deal with one of the bitcoin related companies um. So you can see the stock went from two dollars all the way to like nine dollars pre-market and then we sold off some and then squeezed to new highs. I was more long biased on this and that's why i was loaning um, the seven dollars area, but once that seven dollars failed um i stopped out.

You can see. That's where i took the first loss on the trade i took my losses here lost about. I guess 20 30 cents per trade per share um, and then i was thinking okay like if we're gon na sell off the gap uh i wan na i wan na um short the pops and the stock. You know no, i must be the only person who got lot who lost on the long side and then the short side, because after i, you know, started scaling.

In short, this thing just squeezed and covered for a loss so lost on the long side and then on the short side you can see it wasn't a good start for me um today. So after the initial two losses, i tried the shorts again around nine dollars range, seeing that there was a lot of selling and it needs to at least retrace back to the you know, 860s 840s level to consolidate to new highs, because this was a little bit Too much and too quick um and after all, the stock was easy to borrow so aft. So this could have been just a major short squeeze um. So i was scalding shorts, but unfortunately i didn't have any size because after taking some losses, initially the first two losses um.

I was not that confident in in trading the stock um. So i was short, i didn't add until um the 840s 850s breakdown and you can see all these wicks were. You know, trying to retest the highs and just keep on getting rejected um. So that's why i added on the short side and i covered um, the rest of it on the breakdown after eight dollars broke down.

So this stock was tricky to read because at the open it was very weak and they squeezed out all the shorts and at the time it looked very strong. There was a lot of buying, but up here around the pre-market highs around like nine dollars and nine twenties. That's where there was a lot of selling. Hence why you know i scaled in short on around the top right here but uh.

Unfortunately, i was still net red on this sticker after taking the initial losses over here, so this was definitely a tricky stock to start the week. So the next stock i want to talk about is one that was on our weekly watch list. Um tcat. If you guys are not aware, we send out free weekly watches every sunday on the stocks and watching for potential follow-through um the next week, and usually you know if there were gon na be follow-through, it would be monday or tuesdays so to sign up for our Watch list simply go to humbletrader.com free and then you can see you can scroll down, and this is where you can input your email name and email, and you also get uh one of my free trading journals as well, and you also see a sample of our Weekly watches, but we also add a lot more commentaries nowadays.

Recapping the large cat markets, as well as the small caps, so tcat was on our weekly watches. I was watching this as the leader of the nft sector, so that was a sector that we were trading last week so tcats as you can see from the watches we were watching the 27s and then the red to green 31 level. I was saying that once those level held this thing could very much squeeze back to highs, regardless of whether you believe in nfts or not i'm talking about the price action. I'm talking about about the sector, move um so and so tcat was a good play.

Why? I didn't trade it. I was trading the sympathy place on ocg and there were like a couple other ones. I was worth watching like um, zkin, um, hofv and a couple other small cap names. That's also in the same sector and they were go.

They were most likely following the price action on tkt. So that's why it's important to keep these sector names on watch again. If you haven't signed up already, you can sign up to the free weekly watches at the link down below. So, as i was saying once tcat went red to green a lot of these followers, smaller names that's a little bit cheaper.

They also woke up too so this one is the one actually went long after seeing that tcat woke up, you can see ocg also gapped down with tcat. You know it's only after around 10 30 that this thing reclaimed, v-wap and squeezed with volume. So after this volume squeeze out and the stock went red to green uh, my celtic had doing the same thing. That's why i longed ocg.

I always started in small first and only after confirmation after this 12 dollars key level held an ocg. That's why i started adding in more size, so very decent. After all, the ads up here i had about 12 tens average selling to the pushes around 1260s and sold majority of around 13 and the rest of it around 1340s. This week to 14 happened so fast.

I saw it and i was about to sell on the ask and the thing just slammed right back down, so you know at the same time, even though we got a good entry, i also don't want to outstay on the stock, especially when i'm already ready on The day, so i actually recovered um a majority of my losses from this stock ocg. I then go back and see if we're gon na get continuation on smaller size again and uh once this 13s broke down. I stopped out over here. So ocg was a nice trade for me on the day, but even after this, no when i was still red from sprt, so the final stock i traded was this one rlx.

So you can see this one gap down and i was looking for any pushes to to short into continuing the downtrend um with a daily breakdown, but unfortunately this thing just didn't pop that much so you can see i scaled in short around the 1180s uh. I want to see this thing slowly fade down which it did, but it was just so slow at the time. So i basically stopped to break even on small size, and you can see after i stopped out the stock. Just slowly fade down to 1140s and even broke eleven dollars and went to a 10.50, so so the idea, so the trade idea worked, but i just unfortunately didn't have the patience for it.

I kind of expected the move to happen a lot quicker, especially when a stock is, you know, breaking down such key levels on the daily chart, with so much volume and so much selling. So that's why i was expecting this thing to to break down further, but but unfortunately, just happened a little bit too slow, so this stock basically break even on small size on the short side. So this is going to be a red day for me, but fortunately with um with moolah. Here it wasn't too damaging of a loss and really quickly before we go.

I want to give you a quick update on my merch store. So if you go to my website about, and click merch store and scroll down, you'll see all the merch available. Some of my humble trader t-shirts, as well as my hats, and some mugs as well, got located mug and also i was a millionaire until elon tweeted. That was a fun one that i also used myself and especially this hat.

I've been gotten a lot of requests and these are the ones i wear in my youtube. Videos so feel free to check them out if you're interested. So hopefully you guys are staying safe and, let's see if these um nft stocks can give us some more continuation. Later on this week, thank you guys for watching and i'll see you guys next time.

Hey guys thanks for watching. I hope you enjoyed 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. If you'd like to trade with me daily and get my free weekend, watch list and trading journal make sure to check out the links below for more resources. Stay, green, stay, positive and i'll.

See you guys next time.