Well, this week so far has been kind of nasty in the market. What a big sell-off - and today is definitely one of those days where it feels like the only way to make money is just short every single bounce um i mean don't do that but um. I did short a lot of stocks today from the large caps like tesla and moderna to the small caps. The good news is, if you're able to survive and make money or just stay solvent in this kind of market condition, then you are on your way to become a great trader in the future, because anybody and their grandparents can make money when the market just goes Straight up, but it's those who really know how to trade and manage your risk, who can survive in this kind of really red market so and that's what we're seeing right now.

So, let's talk about the first stock i traded today is tesla short. If you look at the way this thing traded yesterday, once it broke above the 760 770s level for tesla, this thing rallied almost to 800 yesterday, on the way up yesterday, you can see this thing went straight from 770, all the way to 7.99, and that's where It kind of like sold off with the market at the end of the day. So today, when you see a huge gap down on this there, i guess there were two way to play this. Are they either long? The bounce after the gap down which i didn't do it because i was kind of waiting to see what the market's going to do and at the open market stays very weak but tesla.

On the other hand, it was actually spiking from 780s all the way to red to green 790s, and if you see this area 794 795s, that's the area. I was interested in shorting over here. You can see that's kind of the area once it broke down from yesterday's support it flushed into the close and for a stock like tesla, to go red to green in a market condition where everything's selling off um. I think that's um.

That's a short-term bounce on shorts, covering after yesterday's rally. So that's the reason i started shorting here 792's. I was a little bit too early, so i trimmed a bit but after seeing that on the five minutes, the stock is rejecting these levels that we just talked about from yesterday. That's what went in short, so i had a very decent average up here, even after the small loss.

Here i had an average about seven. Ninety fours, my regret, is not adding into the shorts um, because once this thing tanked, you can see on the five minutes, there was barely any bounces to add into the position and i understand like tesla: it's not something. I'm comfortable, uh shorting the weakness. I always like to wait for the bounces same as a lot of the other stocks that you'll see later on, and you can see once it cracked previous days closed right to green.

This thing just barely even retested the 790., so it sold off. So i was covering on the way down. I did have a nice little ad here, 785s and uh shorted into over here 780s. I covered most of it.

I have a small position left and i was waiting for the bounce to short into it. This is what i mean by i'm, not comfortable shorting the weakness, because, if i add it on the way down, let's say at the 782s and 780s, yes, it did tank to 777s, but the big bounce from there. It's like uh, like a 20 point, bounce well, 10.. I can't really do math 10 point bounds from 777 all the way to um 784.

So that's that's a pretty big bounce. So, that's why i don't want to get caught um if the stock does bounce huge um. So that's where i waited for the bounce to add into it added some 781s and 784s and i shorted it all the way back down to the covers at 780 and i'm all out of the stock. So this is a decent short um and i'm sorry kathy.

Just just cover your eyes, so that's the whole trade on the tesla shorts and it's still the biggest trade for me today. Even though i did trade a couple other stocks and i didn't get to size more into the stock, but the range on tesla when this thing panics um, especially in a really weak market, it drops a lot um. So this is like a 790 all the way down to 780. A 10 point drop a little bit more, but i didn't quite catch the top and i didn't quite catch the bottom.

But the whole point of day trading is to just catch the meat of the move, but snoa was still decent short, even with a small size. The location on this was very expensive. I believe they were about um 20 cents for four eight dollar stock. That's pretty expensive um.

I still got some. I was waiting for the stock to retest nine dollars, at least on the daily. You can see a lot of spikes, failed, uh spikes and failed breakouts around nine dollars, nine fifties or even tens. So i was kind of waiting for that pre-market.

I didn't short it. I waited for the open and see if we're gon na get a big spike didn't happen. It just kind of stayed really weak um and that's why i kind of showed it here. 870.

I'm slowly adding into it. Even if i didn't have a full size locate, i still want to make sure i'm kind of using those locates wisely. So i shorted 780. 7.

Sorry, 870, 860s added on this breakdown, 820s um covered something to it and also out of it at 750, so decent size, decent shorts. You can see, i still didn't quite catch the bottom, but that's fine. That's not the point. Um 750 tanked all the way to seven dollars so missed about 50 cents, but that's okay! I'm all done with this.

Now, let's talk about the next stock alf this one i was short and i took a loss on it. This is my red trade. On the day - and i was more short, biased on the stock because of the long term downtrend on the daily and the daily chart is very similar to what we saw on snoa right. But i made the mistake of being way too early or instead of waiting for the stock, to show me the resistance, so i was short way too early here, even with like starting to scalding in small size, it's still not fun, to lose uh.

This is like what 20 cents 20 cents um. I did have a small, somewhat re-shorter, i'm just end up covering not worth it. So all these trades here and here this is a loss um pretty much before 10 o'clock. I tried it twice lost twice on it.

I did make back some later on around 8 down to 7 80's and then right here, small little scallops and small little scalps here. So i didn't go back three more times to make back some small losses, but at the end of the day it wasn't worth it. I think i should have just left it alone, pretty much um, so overall, a net loss on this short trade and you can see the stock is very difficult. Um, two shorts.

You know after that, reject from 860s down to eight eight dollars. It should have died, but instead it's reclaiming view op and it's probably gon na test the high of the day in the afternoon. So you got ta pick your battles uh, especially in a market like today, there's a lot of more straightforward, uh short selling, uh potential um in the market. So that's why i just admitted my defeat and decided to leave this um alf alone now the next stock.

I traded is cei on the short side. I know this. One has gotten a lot of retail traders and especially on social media, very excited. For the last, like two or three weeks, you can see this stock on a daily went pretty much from 50 cents to a dollar, and then today it went as high as three dollars and 340s.

I usually don't trade, these kind of stocks um, that's really really low price that came from uh like 50 cents or below one dollar um. It's been many years since i traded anything um, that's like closer to an actual penny stock, but for me to trade it today is because i saw the really really extended daily chart. I mean this thing went parabolic from 150 all the way to three dollars, and you know i you can see. I didn't trade, the stock at all.

Until i see a parabolic move from 280s all the way to 340s - and i see this huge drop all the way you can see this v-shape um drop right. It went up to 340 and came back to where it came from and a lot of times even like if you ignore the price of the stock. This is the setup we see in a lot of the the higher price names on the either the large caps or even some of the small caps that trade from two dollars to ten dollars. So this is a kind of setup where the stock has been extended for multiple days and the first day has a harsh sell-off like this.

That's a short setup that i normally would play. So that's the reason i started looking at the stock and started looking getting interested in the stock short. You can say i wasn't involved in this thing until all the way after the drop from 3 40 down to 280s, and over here i started seeing a lot of selling around three dollars area and technically, on the five minute chart um the three dollars below v Web first of all, and also um lower highs, it's the first time that you see any sort of true weakness, um for the last couple of days. If you go to the intraday chart from all these stocks, you'll see that the chart is for the first time different.

Oh then, all the prior dates you can see in all the prior days. It stays very strong and it never really um held below v-lab until like, except for this day below v-lap on the five minutes. But for today today was different like three dollars. It had a lot of a lot of trouble trying to break out above the web and trying to reclaim that three dollars.

So that's the reason i assured it and the stock is trading very, very high volume. If you look at today, traded over 500 million shares volume um. So that's why it's pretty easy to fill on this thing. So i shorted this three dollars down here and covered into 284s and i was out on this flush to 260s um.

I did give back some here. You can see. I give back some here. I try to re-short a little bit seeing if we're gon na test um the prior day's close again, we'll potentially go red on the day to 240s, but it didn't get there.

So i got out of my remaining short position and gave back some profits on the secondary shorts. I think if this thing does reclaim three dollars which looks like it's going to, you might see another day on cei another one or two days, um, depending on whether you close above three dollars or not so right now, obviously still early, there's three more hours. Three more hours left so we'll see what happens, but for now three dollars. If you, if you look at how the stock is trading near the end of the day, three dollars, that's going to be an important level to determine whether you're gon na reclaim that and see another leg up tomorrow.

If this thing does, we can claim three dollars. It's very possible that it goes all the way to five dollars, so we'll see what happens, but under three dollars. If it closes below three, then this thing have downside all the way to almost two dollars in near term. So i'm all out of this.

I'm just kind of trying to analyze it and prepare for what it could do tomorrow and before we go just a friendly reminder that i do not and will never trade or invest your money for you. I do not do that for anyone else. I only trade. My own money and i've made multiple reminders and warnings about this on my youtube channel and including a lot of posting and instagram stories and other social media platforms as well, and it just makes me really sad to see when sometimes people do fall.

For that, and unfortunately, this lady fell for that, and you know, spent two thousand dollars and deposited her money on the trading platform and now she can't access that platform anymore, and it just makes me really sad to see this. So please be careful on the internet. I do not trade for anyone else. I will not ask you to deposit your money in bitcoin or send it to me on wechat or whatsapp or any other social media platforms.

Again, all the real youtube replies on social media will have a highlight over my name. My only instagram is humboldt trader. My only twitter is humboldt trader 1. 8.

My only facebook is humble trader, that's it. My official website is humboldt trader.com and that's the only place where you can enroll in my trading community and education programs and i'm. So i'm really sad and sorry to hear about this loss that this person is talking about and if you're watching this, please contact your local authorities and just understand that there's a lot of people online impersonating me with my photos trying to scam your money. So please stay safe on the internet and stay safe, especially in this kind of market conditions.

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