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0:01 $SPCE $TOCA $GNPX $NNVC short
2:54 $NIO $COCP
5:38 $MRNA Cornavirus sector hype $SLS $SDC
9:40 $CODX $LAKE $NNVC Coronavirus stock trading
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$CODX stock short squeeze was the big loss that wiped out my entire week's gains. I got short squeezed while holding position for too long without covering.
With the Coronavirus epidemic outbreak in China, that brings a lot of hype into the vaccine and biotech sector in penny stocks. The best Coronavirus sector hype stocks in play were $CODX $LAKE $NNVC $AEMD $INO $APT $CLBI.
In these kind of sector plays like we had with the shippers, blockchain, gun stocks, these penny stock companies will keep releasing news headlines related to Coronavirus hype and get their stock prices pumped up.
There is almost always a long play as well as short play in these sector sympathy plays.
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Doing a really quick recap today, because I'm late for my pole, dancing class first stock on the day was SPC. This one actually got started already pre market just nibbling on the weakness right, nipply means scaling in small size, especially when it's pre market and adding to full size when the trade confirms at the open. So this stock was just gapping down per the market. Weakness by captain overnight over the weekend really so the stock was just doing the same thing.

I was just learning a weakness because we had gapped down to daily support level. Nothing genius here, nothing crazy! It's just a very simple bounce play and I was able to get some really nice ads from Skelly in pre market and adding back to full size, 29 ATS and giving me a nice $ 30 average at the open, full size and then just bouncing this and Sell me into the bread - and I did not see this coming near the end of the day - the squeeze here, but I don't usually like to trade later in the day until unless it's a stock, I'm very, very convinced about. So that's the first play on the day, the other play it's a loss on the day, loss on small-size. Remember it's okay to lose, but just lose on small size or like cut your loser, small and that's exactly what I did.

I was playing the momentum scale. I'm on the volume squeeze on TOC a we didn't, get a continuation, I'm a squeeze right after it got squeezed out. I guess all the shorts got squeezed out and no buyers came in to buy so you know and lost about 20 cents per share. I'm just starter size, so remember you want to lose small, it's okay to lose, but just cut your losses, small and keep your winners big.

So that's a loser on the day. The other stock GM px is a small win. Gm px. This one is really the same idea of TOC, a just playing the volume squeeze.

This one has been one that gets bought up and weakness every time it opens week. It gets bought up and they squeeze it near the end of the day with mid day. So I'll just scalping it on the momentum, trade right here, lonely in the dips after I believe we got hotate and I'll own, the dip after the young holds a 6/10 and selling into 650s. I was looking for a little bit more, maybe perhaps you know $ 7, but we never got there and I got stopped out and this is the the kind of extended sell-off you want to avoid and that's why you always need to set your stops.

It's okay! To set it too tight, which I did on the last piece here, but I want to make sure I don't get caught and trapped in this kind of heavy dump here: nasty action on these kind of small caps. I'm the biggest trade on the day was perhaps an MVC. I was short an MVC. Why? Because just look at the daily charts in your bag: lots of bag holders all the way on the 11.

12. 13. 15. So what do you think those people holding the stock holding a losing position down trending on the daily? What do you think they're gon na do at the open wing a stock finally gaps back up to ten to two digits again crazy day today, with a market tanking 22 tickers neo & Co, CP neo was a loss so I'll talk about that one first.
So the stock neo was actually gapping up on extremely good news and in the past, when it gapped up, it has a tendency to keep on going. As you can see from this thing, they raised funding for one point, for two billion dollars was part of their move. So that's why I was bullish on this and I identified for ATS as the key level on the daily chart and that's the level I was risking off. So I was risking of this 480 level and you know: had a nice entry started sighs and I was adding to bigger size and then we just kind of tanked.

That's why I stopped oh so stopped up for about 10 cents loss, but I traded according to my plan, and you know, part of the plan is stopping out it's okay to be wrong in training, but just when you're wrong make sure you have a stoploss set. So you don't lose all the way down there. So in hindsight I should have just flipped short, because it was extremely heavy after that this V watt reject, would have been the perfect entry to go back short, but I was watching another stock at the time which was CEO CP. So this one I was short and then tried to long it to get in, and I gave back some on the long side, but a short ended up working out really well, I, but I just never covered all the way to the end.

I left it alone at the open because the stock has been, you know, quite a tricky one, just to say the least, it kind of trades a little bit like GM px and that one was really good at trapping both loans in the shorts. That's how, when you short you wan na you know, identify the levels that had a lot of hidden and for the stock CEO CP. It was around 240 to 250 level. You can see.

We worked right here, second time again and again right here and that's where I started in short and adding on the pops for sure and then covering on the extended sell offs and then R is where I try to reassure it here. But you know this kind of volume to me. That was a reverse so coming and that's why you know I stopped out on the short side, took a small loss on the short you know gave back some initial profit and then flipped low and the flipping long. You know the anticipation was that we're gon na get more volume building around this hold of the 230s area and that's the area I was looking to add if we can hold - and we didn't hold that and that's why I stopped out on the starter size on The long side for the stock and, of course hindsight, is 20/20.

I should have went backing and we shorted it because I confirms the heavy selling from the top here so missed. A lot of downside you know could have would have should have at the end of the day I traded according to my plan and stopped out for the long trade and the starter size on the short back here. So I was overall really happy with this trade. So we had tons of coronavirus stocks gapping up today and perhaps the one leading the entire sector right now is M R and a the other one such as mm VC.
Just wasn't a strong mRNA was the one I was gapping up. Actually they trapped a lot of shorts yesterday on this daily candle here and then the gap up, I'm sure squeezed a lot of people out, but this stock was actually quite tricky to trade, because every time it tries to push this a la the sellers around $ 29 and later on, around 28 as well, that's why it keeps on stuffing around the V area. Every time it tries to break out every rejects a nice actually scaled in short efforts right here, Inc and Casilla covered, because you know the actions wasn't quite right. It was actually a really tricky stock to trade either long were short, so I was short here sure here you can see.

I covered for, like pennies, basically break, even so after the stock keeps on rejecting V, but then it keeps on getting saved and creating this higher lows, and there was a lot of buyers hitting around 27 low 27 the area buying every single wick up, as you Can see right here on this 5-minute candle and that's why I flipped long and long and long tyrannous old into $ 29, because there was a wolf's elders. You can see this $ 29 mark was holding up for the entire date. Every time I try. So this was a me coming out the rest of my long position.

Every time we reclaim the lowest for forming a higher low and not breaking down any further. We reclaimed the OP and keys on getting rejected there on this $ 29 area and the same thing around this area too. So this one was extremely hard to trade. Either long was short.

There wasn't really that cling of a direction until you know, of course, after hours will be reclaimed $ 29 and going higher, but for overall for me this was a tricky stock. I definitely didn't know make that much on it as you can see either short or long, but overall you know I was very conservative with this one just because the direction was not clear and came out with just a tiny, tiny win on this. The bigger winner on a day was actually a Phyllis, so this one is not a coronavirus stock. They had some pump PR pre market, its own own dilution charge, as you can see on a daily.

They have tons of reverse splits in last year and also in 2018. I believe, but for this stock. You know this one was a lot simpler to trade. Yes, it's a reverse split.

That's no float like I've talked about in WoW. My reverse split strategy, videos, but the key is that you know this. If you see the SEC filings on the stock, you know why they're pumping the stock and there's no problem loaning the stock. But for me it's the the better rest reward was to the downside.

After we, we spiked all the way to words, 370's level 3 70's level right here, as you can see daily resistance, hard rejection right here and after the stock rejects. That's where I started going in short bigger. This is just a pre market. Sculpt mark hasn't opened.
Yet after I waited for the top to show - and that would be my risk right - I was waiting for more of a balance towards 350 area. There's another. You can see there's another daily level around here, but we never bounce that high. So I was surely intruding and cover into the washers and no missed a lot of downside.

But I didn't want to get chopped up in the midday grind, because we've seen a lot of what no volume pumps during the middle of the day. And they were really good at trapping, both Long's and shorts, so I just only be careful and avoid trading midday all together on the Elwha was a simpler trade on the day, SDC SDC actually launders. This was a stock that we were playing all the way here. They gapped down overnight due to very terrible earnings, it's more of a very simple technical bounce trade.

I wasn't looking for more of a bounce towards $ 9, but you know the voting on the bounce from this $ 8 mark all the way to 850. Just wasn't that strong, inspire was really weak all day. So that's why I didn't want outstay my welcome so one entry and one entry out what having ideal to add even bigger on the bounce which we did a couple of days ago on spce. But we just didn't get that kind of volume and that kind of volatility today on this stock, it was weak all day, so it's going lower, probably tomorrow.

So today is a day that I gave. The entire week's profit took a huge loss, CEO DX. So it's a hard day, but I'll be fine, so tomorrow I'm probably not going to trade. It was pretty bad at one point, but you know I had some other smaller wanes that kind of recover some of the losses, but let's dive right into a Theo DX.

So this is one that ripped a lot of people off to faces yesterday and I assume today as well. I actually didn't trade it yesterday. I did weigh in short today, as you can see, but the big loss was right here. Oh, I covered my entire short right here, so that's where I took the loss and you know I don't regret it.

Of course you can see now, oh, if I had held, I would be up a lot down here, but you know you don't know with with things like this. Oh, I can do is to stop out according to my plan, and I did, but the problem was this ad right here. This ad was a little bit too soon a little bit too aggressive, but I'm happy about stopping out. The initial entry was fine, but it's the ad that kind of got me into trouble.

So this entire cover and all cost me. You know my entire week's profit and a little bit more and I had to go back and make it back. As you can see, I went back short cover shorting into this and then covering into the wash - and this is where I actually flipped long here, because there's a support around eleven dollars and also my was longing here, and I think I was short here. So I made back some on the backside on co DX before both along side and short side, but overall this this trade, the stock ticker, was overall a huge mess for me.
So read on a day on this ticker, the other ones. That's you know I made money on overall, but a lot smaller. As you can see, enemy see it's also another coronavirus play this one. I was shorting because Co DX at the time was hosted on the downside, and I went in short and I didn't know it could take all the way from 11 to no $ 8.00.

Of course, I didn't know that right. For me, this was holding a pretty market support and that's why you know I covered here. I scalped a little bit on the backside here, but you know I didn't want outstay. My welcome and the last thing I want to do after a huge loss - is to revenge trade to try to make back mint money.

Yes, it sucks them red on the day, but I'm still very happy about my discipline. I didn't try to go back and try to make back my losses or revenge trading. The other stock that was also pretty good for me - was Lake. Oh a ke another! Well on these coronavirus stocks, the stock - I was just shorting same as in DC.

I had really really good and truly good size from here and just adding - probably not a good ad here, but no, I was covering here and riche warded here and covering to the tips here and you know, of course, never catch the bottom. But this was another one that no, I did pretty well on the day, but you know now the these winds are, you know recoverable, compared to the huge loss on Co, DX, so yeah it sucks and it's hard give him back the whole week's profit just from One trade like that, but at the end you know I have to stick to my discipline, so I'm probably not gon na trade tomorrow. Just to you know kind of so mentally I can recover. I saw a lot of people blow up on social media and that's extremely unfortunate, so there were traitors down.

No five figure, six figures for me. I blew the entire week long wearing games on this, but I'll be fine. You know what this is, how much on the day, not a pretty picture, but I'll be fine hope. This helps you guys like it's.

Everyone loses in trading whether they people want to admit it or not. We all have our losses. We all have bad days like this. The key is to keep your loss is manageable, even if it like, even if I blow up the entire week's profit, just like this in one tree I'll be fine, but I don't want to go back and revenge trading through my entire accounting and just you know, Adding sighs and hitting slamming a bid and adding huge size emotionally, I don't want an emotional trade, so I think that's the one silver lining from today's loss.

I'm really happy about. To be honest, even though you know I took a huge loss on CEO DX. I didn't revenge trade. All my sizing after this loss was act on this same ticker by the way was actually you know, I cut my size on the sticker because I know that I don't wan na.

You know be emotional about this. I won't trade well and for me to trade well on the stock, and I just lost a lot of money on what's the size down, so I'm happy about the way I stay disciplined and stayed emotionally saying after this, then that's why I avoided any everything. After this, after this, I just took a break and the other stocks that I'm really happy about still, even though the the gains doesn't compare to the loss and CEO DX, I'm still happy about the way I executed these two tickers so hope you guys get something From this, hopefully, you can learn from an a mistake, but the key is discipline discipline and keep your emotions in check. So with that, I hope you guys have a good weekend, I'm probably not going to trade tomorrow gon na kind of reflect this whole week's.
You know just to recover from this mentally, that's it. I hope you guys have a good weekend and I'll see you next time.

By Stock Chat

where the coffee is hot and so is the chat

25 thoughts on “Red week trading coronavirus stocks $codx $nnvc $apt $mrna $lake day trading recap”
  1. Avataaar/Circle Created with python_avatars tortureyou says:

    Anyone can post about winning trades.but it takes a special type of person to admit that they make mistake too. I subbed and liked after about 10 seconds of your first video It was fast like on "The Voice" when all 4 judges turn. I seen about the tool you use to trade. My daughters love watching you. We moved from Canton in 90s to Chinatown in Chicago. I seen a Canada flag in your room. Sometime we go to Ontario before the Trump virus.We love go Fishman Lobster Clubhouse there. so ho sic lahhhhh

  2. Avataaar/Circle Created with python_avatars Eduard Constantinescu says:

    Why don`t you wait to pass the first 30 minutes of the session, so you can have more confidence in trading the pattern ? After this morning emotion a directional bias is established.

  3. Avataaar/Circle Created with python_avatars Drijan Vlahna says:

    What broker can we use in Canada they all charge high fees , so making small trades it kills ur profits!

  4. Avataaar/Circle Created with python_avatars Dylan Hope says:

    I didn’t get the possiblity to be successful even if I tried utilizing various techniques that guarantee to make money in several hours per day. In those days, one of my friends offered me to "Kοyοgο ydα" you should look it up on google. Each day, I am earning about a hundred dollars. Check it out now! .

  5. Avataaar/Circle Created with python_avatars esrA eloH says:

    Is it worth asking why, on CODX, when it broke down through the support, you didn't decide to short when it failed to push back into that support region?

    I didn't either but I'm timmid as fuck to take positions still, partly because I allow my attention to be divided across a few stocks at a time, which is very much not a good idea, I find it so hard to just focus on a single stock, to the point I don't even have target prices in mind for bothering to pay attention to the others I'm looking at, like Astrotech:ASTC, had a loser on that & was holding it far to long, just totally threw my focus off.
    Ended up getting out of a decent position on TLRY, just as it started it's climb up through 9 towards 10.60. The exact sort of setup I'd enter then add to on the way up.
    Especially with the cusion already gained in it, yet, my focus was all shot to hell & so I just avoided it all together.

  6. Avataaar/Circle Created with python_avatars MrMatipid says:

    Question: When you see a large candlestick which is red and a very huge volume underneath it, that is a sign that people are dumping the stock? You should short it, not go long?

  7. Avataaar/Circle Created with python_avatars Jong Yeob Jeon says:

    Thanks for sharing your loss as well. I am glad you are not jumping to emotional (revenge) trading. Cheers!

  8. Avataaar/Circle Created with python_avatars justin carl says:

    Can you also share dollar amounts lost and gain? It would be so helpful for understanding the full scope of the process!

  9. Avataaar/Circle Created with python_avatars Ahmed Almoalla says:

    Today market is easy .. until now lol!!
    any way can you make us live trading i enjoy it

  10. Avataaar/Circle Created with python_avatars FooKhan says:

    Hey just started watching your videos, I'm looking to start, is there a school or course you could recommend?

  11. Avataaar/Circle Created with python_avatars MPlain says:

    Sell. sell. sell. Thanks for the free money. I did ok with stocks. but the cash i made on stocks was nothing compared to what i made on FX. 🙂 The volatility is awesome.

  12. Avataaar/Circle Created with python_avatars Moshe Glick says:

    Dear Humbled Trader, Thank you for your incredible videos, I am new to trading and have been following up closely to your videos, and with your help and guidance i have made my first $5000 thank you. I have a question: I am trying to figure out how to find the Float of a company and i don't know where to find how many shares the company has available for the public??? hope you can explain it in your next video

  13. Avataaar/Circle Created with python_avatars Oreo Star says:

    hello I'm trying to learn to be a trader too, I just want to ask what trading platform are you using speacially for penny stocks? TDamiretrade? or any suggestions? Thank you!

  14. Avataaar/Circle Created with python_avatars Tri Hoang says:

    Thanks for the video even the trading day was crappy for you. Smile, listen to upbeat music, and punch heavy bags it may help release the stress.

  15. Avataaar/Circle Created with python_avatars White Elk says:

    I'm taking a break too! This week looks too hectic for me, its good to have breaks for balancing the fear of missing out on opportunities and just having some personal time off for yourself imo. Love listening to your voice on your trades hope you had a great time at your class! btw how long have you been dancing and how good are you at it? 😉

  16. Avataaar/Circle Created with python_avatars Crow Brocaw says:

    You have the best videos on trading that I have found. So clear, precise. Really enjoy learning here thank you

  17. Avataaar/Circle Created with python_avatars J Bravo says:

    why do youtubers always use $ in front of ticker symbols? I talk securities and I don't do that…what am I missing? thank you!

  18. Avataaar/Circle Created with python_avatars Shawn LaRose says:

    Your honesty is refreshing. I had a bad trading week also. You are a pro and will get it back soon!

  19. Avataaar/Circle Created with python_avatars Kenyon says:

    I thank you for your time and effort for making this video. Thank you for sharing your loss with us. You didn’t have to, but you did. Doing that showed me the real side of trading. Thanks for being my un- official mentor. 👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽

  20. Avataaar/Circle Created with python_avatars Dom C. Ouano says:

    I'm going to start saying that to get out of random things now. "Oh well I'm late for my pole dancing class."

  21. Avataaar/Circle Created with python_avatars Leonard Clanton says:

    Do you not have a daily limit loss, set with your broker or is it just well above today’s loss

  22. Avataaar/Circle Created with python_avatars matt r says:

    Thanks for sharing your week. I know you're going to bounce back strong.. what broker are you using to short? Thanks again!

  23. Avataaar/Circle Created with python_avatars NIO says:

    Hi Humbeled Trader. Great trading you did and even cut your loosing stocks. I was in MRNA that worked out with my earlier short on previous day then i covered and went long for the early morning and had a nice profitable day. I then just decided to stop trading as i watched the markets index's tank. Smashing the Like Button as always and keep the great videos coming H T. Thank You

  24. Avataaar/Circle Created with python_avatars Adalberto Trevino says:

    🍻Cheers Shay! Hopefully you can make up for that loss once you complete your lessons in your pole dancing class and make some REAL Lamborghini money lmao

  25. Avataaar/Circle Created with python_avatars samaritan jackson says:

    Yeah losses are inevitable. After a big loss, I trade with very small size to end the next day in small green to regain my confidence. I use Interactive, but they don't locate shares. I switched to different broker, but I can't find broker to short those penny stocks yet? Which broker are you using to short those stocks?

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