If you enjoy Small Cap Recap, this episode is certainly a wild ride. Matt and Bryce are feeling a bit fried after the trading week. From Bryce's Canadian accent... to Matt's Australian lingo... And (of course) some chart breakdowns on $ILUS, $NAKD, $IRNT, and $AMHC... Don't miss the fun, tune in!
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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Wake up san francisco, or is it good morning, good morning, new york? No, how what is it? You know what santiago stands for san diego, it's a whales! Well, really, is it good morning or san francisco? Is it good morning? What is it like good morning, america, good morning, america, no there's that, but anchorman 60 of the time it works every time i thought it was 80 of the time. Is it 60 yeah? Oh eight and six, they kind of look the same. Oh i'm supposed to be talking an australian accent today, good day, mate good day mate. I reckon there's a storm coming.

What are you like? A villager from the 1800s? They definitely say wrecking in australia yeah, but they don't. I reckon there's a storm like i'm gon na google, it i'm gon na google it while you carry on with your trading today. Well, mate trading was another day of dog crap, or is that, like i don't even know if i'm doing an accident right, let's matt and i are brain dead if you can't figure that out, like the our brains are just fried right now, i think i'm gon Na go make some mushy at a barbie eh. What are you canadian now that was canadian australian i'm making mushroom at a barbecue? Oh, i think you know what i think i can do a canadian accent today here.

That's how i'll do it uh. We got a real prezi for you on this chrissy day. What's the prezi, i don't know bud, but you want to go grab some timmy's after playing some stick and puck with the boys. I'd prefer to have a bicky and watch some foodie later, while i'm putting on lippy.

That sounds a little weird there bud, let's chill it out with all the all the weirdos. Well, i think i said well, i'm eating a biscuit. I'm gon na watch tv and put on lipstick, hey well that conversation is a great representation of the market. We have nothing to talk about everything sucks, not really well yeah i'll go over.

It pull up, illas all right, yeah. Let's start off with us here, small cat brackets told them. This is my one watch today only watch the only thing i care about is, and it pulled out of the gate, and i was like well that sucks. My only watch today isn't a play and yeah and it was this breakout area.

It was a daily chart yeah, so it wasn't in the breakout. So it was really strong uh. If you go to intraday just one day, yeah uh it had a nasty nasty pull out of the gate like i was overnight with like i like, sharing like not that much volume. No, i know it really was not that much volume it just got crushed, but then i had this really strong grind back to basically the breakout level consolidated, all midday and then at one o'clock i was like.

Oh, this looks pretty nice didn't buy there, though i missed it me i did too. I ended up buying at the two o'clock break over highs right around 41 um, and then it broke uh hide high day and the breakout by zero zero zero. Two and i texted bryce and i was like i'm gon na eat off this bridge. If this breakout fails after breaking out by point zero zero two used some more explicit terms in the text message thanks for toning, it down there and then it didn't fail there.
It went back, broke new highs by about another point: zero zero two and take note of the volume that it broke out again on no like no one was buying that they were not buyers. It was just selling and then slammed. I probably should have sold bryce sold here. I think i so yeah i sold so my entry.

My average was like 4-1-3 and i got out at 4-1-5 yeah, so i got a slight small win on it, but i ended up selling closer to the 41 mark on the next pull down and at that point like that's just not that's not how breakouts work. That's not how they're supposed to work. They, like you, know a bit frustrated the play didn't work. It was a great setup, that's trading for you, though um and i cut the loss really didn't lose that much 1200 bucks, approximately um, only trade i took today, but just frustrating uh - that breakouts are just not not a thing.

You know it's funny too, because this ring, like this, plays in my head every time that something like this happens. We were trading with tim, a while back, and there was that one stock that had the fake breakout, but the chart still looked good but he's like otc breakouts should not just fail like that like when they fail. That's a bad sign, don't add, don't like respect the risk, you know what i mean and that's it plays in my head every single time, and so when that happens, no volume on really i mean the first breakout had some volume to it, but the this one Here no volume, no sign of continuation, no betters! I was like i'm out, i'm done with it so yeah. That was i.

I took like a 900 loss on this out of the gates uh, because i swung some of my shares because i didn't get filled all the way at the close yesterday and i was actually finding that the chart looked good enough for me to try the swing. So i lost like 900 bucks. There was actually not going to trade at all. Today.

I was just going to close that out, but we had this naked gap naked and afraid, naked and afraid um. Once we had this fake break under low a day, instant recovery, i started in right now. Actually, i started in on this candle added here sold into the 74s, so that put me green on the day um and i again no plan to trade until we had this view. Op consolidation - and i was like that is just so nice.

I mean i like that a lot, that's a good posi. What does that mean taking a good position? Oh thanks bud. That's a good posie! You know the polly probably wouldn't come after that posse. Well, i'm not gon na try to say anything.

I don't know if the police wouldn't come after that position. Carry on don't be on any mushies later. Oh no, but don't you worry, i'm sober as a gopher. No, yes, crazy! For you with some billy.

I sized into this. I sized into this posi real good. I think i had a pretty good average was pretty strong there, and then we had the instant rejection. No, but oh wow that sounded weird um.
No, so i started sizing in right. I don't even remember the exact candle. I think i started in right here. I started it on this curl added on this dip and then actually bought more right here.

Got that pop got this pop, which i was really that was like. I was like okay, perfect. I can move my risk level and 69 69 cents is a pretty key trend here, in my opinion, um - and this is the reason i like this chart. So much is we just had such a strong uptrend.

The bidders really stepped up here, it's running after hours. Great um fantastic and we had this nice break it held here reclaimed. I was super stoked with this position. I had 200 000 chairs shares tubular totally tubular dude, it's a bit ecsty up there and uh.

No, so we had this spike got rejected. I cut under this level, as that was a pretty clear confirmation of failure sucks. It is what it is lost, um, but then i made my money back on irnt, that's a furfie! That's shut off! That's a murphy! A strongly believed untrue story, this trade's a furby. What does that even mean? It means no.

I get that. What is what is a strongly unbelieved first story with the first green day pattern. It's a rumor, the first green day is a rumor that pauses. Well, it's a rumored position.

That's a direct translation that doesn't even make sense like i can't even hang on with your posi furfee. We just had a nice first green day. Look here, um, basically down from 34 down to 23.. This! Oh my god! This is what i have to deal with.

Folks, that's something! This is what i have to deal with some big bickies. What does that mean? That means it's too expensive. Some big bickies on that stockpile i'd, say: yeah, hey ozzy, the polly would come after me. I can't even like explain this anymore uh held view op i'll make my mic.

We had this. We had this triple top right here, held above view. Op nice support hold. There took 5 000 shares right at 25, sold most into the 25 50s push for.

What does that math had up to 2 500 bucks? Then i had one more trade on this. It was just scalp, more or less on amhc. That math is a bit furfield, the map's a bit furfy there um this one was cool. This is a really interesting daily chart, another excellent stock there.

It reminded me a lot of spir, where i had that afternoon run after consolidating on low volume, so i looked at it today. This is this back did the same thing. I don't know what it is, but i basically just took it right here. We got some pretty key bid.

Props uh. I only took like 2 500 shares sold into that pop so end of the day down total like 700 um. It is what it is. You know we keep, i keep saying it is what it is, but, like literally it is what it is.

That's a big bicky shut up stop coming out. I thought you were going to mute your mic, i'm going to call it bring call the polly on here. Is this how we're gon na? I think this is how we should do it from now on. We just hold our mics, like this drop down from the ceiling andrew's laughing at us.
He's like these guys do not know anything like bring some lollies in here. What's up it's uh hanging from the ceiling? Oh okay, see this would be kind of cool if we had them hanging like that. That's what i'm saying like so this would be kind of cool some real, like joe rogan stuff, yeah he's swinging around road jogging. How many, how many millions are in a billion you said it wrong? How many billions are how many, how many zeros are in a million, how many zeros are in a million uh, at least a billion? Thank you for watching this entire episode um.

If you've made it this far, i would strongly encourage you if you made it this far. You are a special type of person. I strongly encourage you to like and subscribe because man we got better. We got some better content.

You know what, if you made it this far um the the fact of the matter is that you can now watch any small cap recap episode, because i don't know if any of them have been this uh. This unique matt you can just tell matt, looks like or it sounds like he hasn't gotten any sleep in like four weeks. That's how your conversations sound. I just need to eat some brekkie and put on my sunnies and enjoy a lolly.

Let me guess: you need to eat. Uh eat some breakfast yup. You need to put on your sunglasses yeah and enjoy a lollipop. Oh wow, you speak australian mate.

Oh yeah, there was the funniest tic tac. I don't know if you guys ever seen it. Let me know in the comments down below or the dude. No, no! No.

I think i sent it to you. This australian's, like on a paddle board and like in the middle of the ocean and the sea snake, comes up slithers onto the paddleboard. He goes. Oh, this is a venomous one, but that's so cool like he's just like talking to the snake.

That's on his paddleboard australians are a wild breed of people. If you're australian, i respect you because you guys like battle, crocodiles and alligators, and you know like stingrays and stuff, so that's how they all do that's what that's? What steve irwin did he died, yeah he's a brave person, i'm not you! No one. I heard he's like a national hero over there, as he should be he's a national hero to me, the dude battles, stingrays. That was like his job.

He didn't battle him. He like swam with him. That's that's the same thing. That's battling enough to me.

I wouldn't swim with a stingray or a crocodile close this out to you all right, guys, um. This was a unique episode. That's for sure, no guys, just you know, keep keep sticking to your plans. You know right now.

We know that momentum is definitely different. A little bit choppier, um and - and i both talked yesterday and we're just like - we both really need to work on actually just taking smaller size for a little while until the market comes back, work with our setups work with our strategies and then hit it hard. When the market is back preservation mode right now, do you feel the same way? Do the same thing? It's not hard preserve your money, wait for your setups come around and that's kind of the key to trading small caps, so anyways guys yeah, like comment subscribe, andrew. How many subscribers are we trying to get to by the end of the year? Yeah guys we're trying to get a hundred thousand subscribers? So please hit that subscribe button and we will see you back here again on monday, while where matt will not be nearly as goofy i'll bring my brekkie it's like four o'clock brekkie for dinner, a i don't know recce for dinner for sup a for something versatile.
All right guys, we'll see you guys again here on sorry, i keep trying to close them out close this out. Andrew just get the music started, get the music started. We hope you guys enjoyed that last video thanks. So much for watching and being a part of the stocks trade community - we wouldn't be here without you guys be sure to hit that like button and subscribe to the channel.

If you haven't already. Our goal is to 100 000 subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.

By Stock Chat

where the coffee is hot and so is the chat

36 thoughts on “Small cap recap: the duo reflect on the market”
  1. Avataaar/Circle Created with python_avatars Wicked Gaming says:

    Coming from Australia this video was hilarious. Thanks for the laughs

  2. Avataaar/Circle Created with python_avatars Mother_Nature says:

    key takeaway: it may be okay to get in a long position when you see a failed breakdown.

    you guys used to make awesome content and make studying fun. But now, I am just seeing 2 gays chatting

  3. Avataaar/Circle Created with python_avatars JustAGuy InBensalem says:

    I have a question for everyone. There is SO MUCH info overload, I'm trying to stay focused and start and master one thing or 2 things max. So with that being said, which 2 Strategy / Setups, would you recommend for a beginning day trader to learn and master? Thank you in advance.

  4. Avataaar/Circle Created with python_avatars name name says:

    see real rukshan to see wats hapenin in austrla

  5. Avataaar/Circle Created with python_avatars Phalanx Performance says:

    Gentlemen, do you ever do any options trading? Iโ€™m interested in learning and adding that strategy to my tool box. Would love any recommendations you have as well if you arenโ€™t as familiar!

    Thank you and keep the content coming!

  6. Avataaar/Circle Created with python_avatars Okie Tradez says:

    i was in RWLK at 2.50 and was up goood monies at 2.75 then it dumped on me and had to cut 2.45 lol terrible action

  7. Avataaar/Circle Created with python_avatars Okie Tradez says:

    why is IRNT a fgd and not backside?

  8. Avataaar/Circle Created with python_avatars David DeFea says:

    In my opinion, The whole week sucked! I'm goin riding, screw it. Its great when both you guys are in the house. Awesome recap!

  9. Avataaar/Circle Created with python_avatars alen adahoo says:

    I can't believe you two trading such a crap tickers. Not real. Unsubscribing . Good luck with channel.

  10. Avataaar/Circle Created with python_avatars blakesabbath1 says:

    Fair dinkum, I reckon Monaco was really takin' the piss mate!

  11. Avataaar/Circle Created with python_avatars name name says:

    all the things I say are not here after 2 minutes

  12. Avataaar/Circle Created with python_avatars Gboyega Ahove says:

    Loved this recap! You guys are hilarious.

  13. Avataaar/Circle Created with python_avatars Trading Without Fear says:

    I see a lot of people complaining that the content has gotten to silly or does not have much value. What I have to say to them is not every day is there going to be great opportunities in the market. Some days you make money and others you don't. The lesson is not to think that you have to make money every day. Stock trading is about taking the opportunities when they are and having fun when there are none. Good work guys. ๐Ÿ‘

  14. Avataaar/Circle Created with python_avatars Steven Morgan says:

    Itโ€™s goooooooood morning Vietnam!

  15. Avataaar/Circle Created with python_avatars Christine Caldwell says:

    You two are great love you guys

  16. Avataaar/Circle Created with python_avatars Molek Polvarkis says:

    Matt being annoying today, just let the guy talk lol

  17. Avataaar/Circle Created with python_avatars Daniel Pakuts says:

    Good week, so many plays. Schticken pucking in Sweden haha.

  18. Avataaar/Circle Created with python_avatars Guillermo Serpa says:

    I bought ILUS at. 41 on the breakout and endded up selling at. 39. Had a small postion of 2000 shared. Lost 48 dollars, around 5 percent but should've cut my losses earlier when it was apparent it wasn't going to break out. Learned a lesson today. I am new to trading. Thanks for your videos guys. Learning a lot.

  19. Avataaar/Circle Created with python_avatars Jeffrey Marley says:

    Keep on guys, appreciate you guys.

  20. Avataaar/Circle Created with python_avatars Julia O'Toole says:

    Bryce could pass for an Australian.

  21. Avataaar/Circle Created with python_avatars Anthony Jr. says:

    Friday should be cocktail recaps have a great weekend

  22. Avataaar/Circle Created with python_avatars oceancaldera207 says:

    What a crap trading day for sure. I was so burnt out trying to countertrend a meh biotech in the morning I missed some nice clean action in my #1 multiday watch. I swear from now on if my premarket volume scans turn up a bunch of murky crap like today I'm going to switch to my lower volatility multi day movers list and only trade those until the day-oner charts start making some kind of sense.

  23. Avataaar/Circle Created with python_avatars Connie Hammond says:

    Hilarious. Iโ€™m thinking Bryce won the accent battle.

  24. Avataaar/Circle Created with python_avatars Gabe Cudd says:

    I used to really look forward to these and felt like you guys were delivering some valuable content, but itโ€™s just gotten too silly for me. Iโ€™m all about keeping it light and having fun, but more than 50% of the video is a waste of time these days.

  25. Avataaar/Circle Created with python_avatars Khyle and Ashley says:

    This was hilarious and much needed silliness

  26. Avataaar/Circle Created with python_avatars d4803d says:

    Good to see a trading day like this isn't a kill joy.

  27. Avataaar/Circle Created with python_avatars Battalon says:

    ZIVO and UFAB were ok today.
    My only picks premarket.

  28. Avataaar/Circle Created with python_avatars Da Calvary says:

    U guys are such good friends, Iโ€™m curious to how u greet each other lol. A firm handshake, a dap, a hug

  29. Avataaar/Circle Created with python_avatars smallcaps says:

    I'm Canadian and enjoyed Bryce's Canadian impersonation. It was great Eh. Oddly you guys are in a better mood on Red days, your humor makes the show. Keep up the good work!

  30. Avataaar/Circle Created with python_avatars Mark M says:

    No outfit or sunglasses????

  31. Avataaar/Circle Created with python_avatars Aaron Mizell says:

    Thanks Matt and Bryce! Awesome episode!!

  32. Avataaar/Circle Created with python_avatars TJ H says:

    where the ping pong at boys

  33. Avataaar/Circle Created with python_avatars Steven Buchholz says:

    Well you sure as hell you guys are entertaining! I think I laughed for about half the video. Iโ€™ll take it we need some comedy on days like this.

  34. Avataaar/Circle Created with python_avatars BLACK SHADOW says:

    To see this episode completely we really need to have some love for you guys. It qas a great representation ofbthe market today…. Lol๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ

  35. Avataaar/Circle Created with python_avatars Bran Don says:

    Its pronounced โ€œeyeโ€ lus (ILUS)

  36. Avataaar/Circle Created with python_avatars Renie Ramos says:

    PLEASE A LITTLE SERIOUSNESS PLEASE.

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