Ugh, it's been a very difficult week, to say the least. It used to be weeks like these. That would make me question my own trading abilities and my own discipline and make me question whether i should just quit altogether. All these stocks are just going straight up with no pullbacks and uh, it's being very difficult for both the long side and the short side um.

Let's just go over some of my trades yesterday, so the biggest fight that i got into yesterday, uh! No, it wasn't my exes, it's a stock, oblm um, the stock. You know rang up, i guess from 150 all the way to 10. Almost 11. Yesterday i was mostly short bias on the stock and that did not serve me.

Well, i got stopped out many times. You can see from the chart here um. I did have some small scalps on the long side over here, but um. The scalp is on long side a lot of times a lot smaller sized.

So overall it's net red on opln. I i fought way too hard for this and it was just very difficult to trade and um. No, i followed my rule, so you know i followed my setups, my trading discipline and i stopped out where i needed to i covered where i needed to, but which is very difficult, very draining and uh, and especially up here it got really choppy. There was a lot of times where i got faked out and stopped out of my short position only to get back in on the weaker bounces, but overall it was difficult to trade and um.

I risk this is one of the stocks. I wish i just left it alone and i would have done a lot better on the day if i just left it alone. So yesterday did not end up well. For me, i'm oblm, so cleaner trade uh was on bb blackberry for this one.

I did trade both on the short side and alongside um, it's a bigger market cap, um, there's less games and you follow support and resistance really well. I was short off the open of this breakdown: 1320s added around 13s covered into some flush and the majority around here, actually flipped long thinking that we're going to touch previously closed and bounce off back to 13s. I did get in here and here i was waiting for bigger size around the 20. 12.

40S. 12. 30S. If we get there and wrote it on the way up to the bounces around the 1290s, and i didn't think that we're gon na actually go back to the height of the day um.

This is what i mean by a lot of these things. They just have this v-shape recovery um. So on the short side, it definitely became like a short scalp, um kind of thing. So i did go back short uh stopped out here and i re-shored it here around the 1330s covered it all over here and i re-added some covered it all for the loss on the on the secondary short.

I had a small fade here, but overall blackberry. I did a lot better on this, both on the long side and short side than obln uh. If you guys remember that video i made talking about why trading large caps and mid caps are friendlier for newer traders. This is the exact reason.

There's less games less traps and they follow support and resistance levels really well, you know for for for new traders who are buying these breakouts um. That might be working really well this week, especially if, especially when we see all these cheap stocks just going straight up. It will make it look very easy to make money buying breakouts, but in the long run it's probably not sustainable. So that was my day yesterday and i'm just drained.

I feel like after yesterday i aged 20 years, so i'm probably like 100 years old. Now, all right, so let's talk about the trade today, i'm gon na try to keep this short. I'm like really really exhausted and tired day trading is stressful, like it's not an easy easy career - oh my god, so yeah yesterday was difficult. Today was better because i adapted a little bit better today, i still shorted today, but there were just scalps on the short side and i learned to kind of adapt and flip long when needed so fcal.

I was schwartz early on around the 1640s and then no, i turned out to be a small scalp right because they kept on holding up around the low 16s. That's why i covered it all turned out to be a small scalp. It didn't. It wasn't like a big trade like blackberry yesterday, they actually got down on earnings miss, but once the 16 starts holding uh we're making higher lows above the up and trending up higher.

That's why i started going long. Actually, even though big picture, my original plan was on the short side on the earnings miss but we're just in a market where every single dip gets bought back up. You can see the weakness on the daily around the 16th we got bought up today, uh. I went in long scalding around the 1630s and added some more sold some into this and remaining all of it around 17.

I thought that could potentially be the top. I tried to go in against smaller size up here, saying that, at the time, plug plug was also making new highs and holding green and since they kind of trade in tandem with one another. I was thinking that fuel cell could do the same thing as plug um and then and the plug actually lost on the short side um. So i had a final small position: long um thinking now we're gon na hold at least red to greens.

So if you're playing the red to green move, my wrist is kind of just below the red to green line. Uh for final dip, long to the upside should have sold into the the 1790s. I thought we were gon na get a 18s um. I sold all over here.

I tried to re long it again for thinking that we're gon na keep on trending up higher, but we're kind of reversing now so i stopped out gave back some profit um on the long side. Overall fcel, i did better um overall in terms of performance this week on the short side you know, adapted to the market, condition turned out to be a scalp and flipped long, but i did not also do so well, unplug the plug. Overall, it's a it's. A net loss um, i was more sure to buy it some plug, but same thing.

If you look at the same thing as a fcel chart, um the dip around the low 60s got bought back up today and we're getting a higher 65 and higher. So i'm glad i cut my losses on the short side. It's just it's a very difficult market. To short, that's why i kind of have to adapt and look for long entries in terms of the small caps.

After what happened with obln yesterday, um bbig did gap up today on similar news like rumor speculation, um the it was already traded, very high volume, pre-market um, it's all about the planning, but i didn't execute this one well, because i just kind of had a couple Of other stocks on watch - and i was trying to avoid trading small caps all together today, so fcel and plug were my main watches, um bbig. By the time i looked at this it kind of broke above the key levels watching 540s. You can see they trapped. Pretty decently pre-market reclaimed highs, broke out above v-wap and made a lot of higher lows consolidated and squeezed up to the highs.

The long should have been down here around the consolidation. I didn't have a chase size when i do chase, and i know it's a breakout chase - it's a lot smaller size than what i would normally use so chase side, and if i do, these breakout moves low flow break, i immediately sell into it um so sold Into it very nice um, even though i didn't top tickets, i thought you know. Nine dollars was just decent um. This is a decent breakout from eight twenty to nine dollars.

I did try to think that we're gon na you know consolidate and move up higher, like oblm, potentially um, because this was a major short trap uh, but unfortunately we didn't get that so the loans i went back in and stopped off for short, and this thing Just rug pulled after i stopped, though, so i was a good stop on the on the long side, so the stock that more bearish on this jean uh, i shorted around the eight dollars pre-market levels, eight dollars, eight tens uh, you can see we gapped all the Way to nine dollars and retraced back down, so i shorted here um added into the weakness around 7 30 and got some very nice flush move to the downside. I did go back and re-add had to stop out, because you know it did look like it was going to trap and squeeze up higher, but you can see they rejected this level. 740. 750S level um pretty decently uh.

Once i kept on rejecting i added back short uh and covered into the flushes, and they did some sort of um offering midday a pretty nasty um six dollars offering um offering pricing around 520. So i read it back very, very, very small and i'm out around the 530s. So this is a lot cleaner um i mean it's a downtrend in stock and also it has a history of selling off the spikes. So that's the reason i stayed in this.

One short, as opposed to bbig that one i was more bullish on the front side and they could potentially be short on the back side, but i just kind of got burned: shorting obln from yesterday with similar news. So that's why i avoided that one altogether. So i am ending the day green today, which is fine, but i'm going to end the week negative. Probably it's been a very tiring and difficult week for me and a lot of traders i talk to, even though it's a short shortened week.

I feel like man this week has been an extremely long one um. It is it's important to adapt it's important to notice that you know. Shorts is not working in this market, and even if i do short, it'll have to be like scopes and we'll see how it goes. All we can do is to manage our risk and stopping out when needed.

I hope everyone's doing well, if you are able to take advantage of these crazy breakout, that's going straight up, um, that's amazing, but also knowing that um a lot of times the breakouts in a normal market condition it's not going to work. It's probably going to keep on working this week and maybe next week, but if it starts changing you got ta, adapt and start longing the pullbacks and not buying the breakouts um. So it's been a tiring week. I hope everyone's staying safe yeah.

You can probably see that my face is just breaking out everywhere, just like the market. It's been very stressful if you're struggling this week, seeing that your normal setups, both on the long side and short side, are not working, know that you're not alone a lot of experienced traders are struggling this week it's been difficult, but all we can do is uh Fall back on our risk management right as long as you manage your risk, even though you might end the day red, it's still a manageable loss that you can come back from next week or the week after so yeah. I hope that helps. I hope you guys are doing better than i am, and thanks for watching, as always i'll see you guys next week, hey guys thanks for watching.

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