Yeah, so the majority of the trade happened from 9 30 all the way till about 10 10 20. So 1700 not bad for about 40 minutes of work. I almost became a part-time Trader this summer I Took a small break from my multipreneur lifestyle and traveled to Europe spend time with my family and friends and even hosted a 1 million subscribers celebration event. However, as a trading addict, I couldn't pull myself fully away from the market even when I was on break.

The beauty of trading is I was able to trade only the first one hour after market open and I could call it a day before 11 o'clock Market time. So in this video I'm sharing with you guys the highly requested live trading commentary in the Scalp Trading Strategy I Used to trade part-time this trading strategy is especially useful for part-time traders who can only trade the opening hour due to a full-time job while other life commitments. I've made so many videos on realistic trading strategies like this. If you guys appreciate the video, make sure to smash the like button and comment Lamborghini money down below Okay, so the first scalping strategy we're going to be talking about actually starts taking place pre-market I Know there's a lot of part-time Traders here who want to trade pre-market or you know within the first 30 minutes of the open and be done for the day.

If that's you, then this is the perfect strategy for you to watch. Okay, so you can see on this particular day Amsc gapped up from like 11 prior days close to all the way pre-market to 24 25. Now that's super early in the morning at around like 5 00 a.m Market time and then since then you just slowly fade it back down and by the time I saw it around seven o'clock 7 30 Market time it was trading all the way down Here you can see that it faded all the way down to 21. Breaks down twenty dollars to around 17.

That's the time I saw it. and the reason for this particular Gap up is that it had earnings news. Like if you look at Uh Finviz which is a free news resource you can see. on this particular day they had earnings.

uh you know, earnings Beat and the stock gapped up overnight. But have you been following my channel for a while then you would know that I've been saying earnings report whether it's a miss or a beat does not matter to small cap stocks. So you know what kind of stock is this Amsc this Vivid Once again market Cap 247 million market cap. So that's definitely a small cap stock and you can see the floats around 29 million shares float.

So it's not a low float stock so that would be safe to trade on the short side. Yeah, there's just something about these small cap earnings with The Gap up. They are not like the large cap socks I can keep on going or hold the Gap a lot of small caps you know Gap up from the earnings new and just fade into the open and Spike it a little bit and sell off and that's the reason I Was looking for a scalp short on this particular trade. Okay, now that we have identified the strategy, we want to trade it as well as our bias, which is on the short side.

We need some specific criteria about the strategy so we can Define it and repeat it over and over again the next time we see this sort of setup here. So here's a particular country area for this pre-market Gap up Scalp Short Strategy Number one: You want to see an extended daily chart on this particular stock. Number two, it needs to be a small cap stock and that's not a low float. Okay, very specific here.

this would not work for large cap stocks or for small cap stock that's a low float or a micro float. And number three, you want to see the stock starts making lower lows and lower highs essentially down trending and break down pre-market Now let me go to the details over here. So remember the first criteria: extend the daily chart. You can see the stock had been kind of consolidating in higher lows on a daily over that 200.

SMA You see over here this orange line. so the stock definitely did break out to sevens, pull back to sixes, and had a decent climb up and all the way leading into the breakout. It was trading around ten dollars. Now when the stock is trading at ten dollars, priorities close.

that we talked about earlier the next day, it gapped up all the way to 25. We're talking about a 150 percent Gainer overnight. So yeah, I've just found the technical standpoint. The chart was definitely getting extended, so that's how you get to the first.

Criterium Now the second criteria. Like we said, it needs to be a small cap stock. That's not a low float. Remember this scalp short strategy may work for large caps, but the probability is probably only 50 50.

Now it's full of low float. Low float stocks have a tendency to trap short sellers. um, and get the loans piled up pre-market so it's even more unpredictable. So that's a reason why.

I Saw that Amsc. the float is, you know, 29 million. It's not a low float. A stock will only be considered low float if it had a share count under 5 million shares float, and anything under 2 million will be a micro float.

So those ones are the truly volatile and unpredictable ones. But in terms of the strategy we're learning today, just remember, you don't want to be using this on low flow stocks. now. Last but not least, the Criterion of lower highs and lower lows pre-market would look something like this.

You can see earlier. we said this in Gata all the way to 25 lower lows means it breaks down to a low of 20.50 and then broke down that little pre-market Support over here so you'll keep on breaking down all the support lines you broke down the area and later on you also broke down that 29 range right? So you can see a lot of breakdowns, so breakdowns. that's followed by lower highs as well. You can see all the little spikes pre-markets lower and lower 20 to 60s 2140s and then you have like small little spikes 2010 and then you just keep on breaking down.

Essentially you want to see the downtrend already forming pre-market and you can see by the time I saw it around 7, 30, 7, 30, 8 o'clock the stock had faded all the way down to 16. So that's how we know is extremely weak and just a pro tip over here, you don't want to see a stock maybe making such a big move pre-market right? 11 to 25. So that's a 14 point jump pre-market and I'm able to hold even 50 percent of that pre-market gain. So if we think about it, the 14 point gain pre-market even with a retracement, this thing really should have held what's on that 25 minus seven.

It really should have held that 18 level, but you don't want to see the stock breaking below that 18. So if you have a retracement greater than 50 a lot of times, not always, but a lot of times, that means the stock is extremely weak, so keep that in mind. That's a pro tip that I'm throwing at you over here. So now that we've gone through all the criteria for this particular scalping strategy, then you can kind of get an idea of why this will be perfect for any part-time traders who have to place a trade for like a first 30 or 40 minutes of the day and be done.

You can see because the follow-through happens quite soon after the Market opens. Now let's talk about execution of this particular strategy and I'm going to do so on this live trading recording before we dive into a live trading execution. let me show you how I would plan to execute the entries and exits on this particular strategy. So we talked about earlier pre-markets This thing had faded from 25 all the way down to 15.

Now ideally when this happens I want to see it at this pop to retest some of the resistance from pre-market So if you recall earlier, there was a huge breakdown level around this 19 area. Before that you had like a 2070s area. but you know looking from the way it trade it all the way down here pre-market I Want to see ideally a pop to test a 19 area and fade it down all the way down to you can see like these little support here. tiny pre-market support so that would be one of the the first price targets and over here from after hours levels.

over here you can see after hours a little awake here that around at 1350 Syria and low 13s 1310s. um that'll be the next Target Ideally speaking, if you're enjoying this kind of lesson so far especially learning new strategies and technical analysis, please remember to drop a like at the bottom of the video and leave me any questions you may have. I'll do my best to answer you. thank you very much.

Now let's go back to the strategy. you can see this is about one minute after markets open. A lot of volume on this Amsc stock is trying to bounce from like 15 to 1670s area. Ideally that would be the case you can see I Haven't ordered out here at around 19 trying to see if we're gonna hit it.

If that's the case, that'll be the ideal entry like we had planned earlier. but you're still gonna see we don't actually hit that order. so but eventually essentially we're trying to wait for the bounce to short into. You don't want to be chasing this thing at the open.

you can see. fast forward a little bit. We had a little Spike on that Amsc. super little Spike I'm trying to get filled here at 1580s.

My order out here at 19 still didn't feel because the spike was so weak. so I got in some I only 500 shares started at 1580s, trying to see if we're gonna get another pop to 16, 17 or even 19 dollars. but spoilers, It's such so weak that it doesn't bounce that high you can see. While I'm waiting for another entry to see if we get to add higher, you can see it's already faded down.

That's the thing with a lot of these stocks. I gapped up so big overnight by the time the markets opened, this has already retraced more than 50 percent of the overnight gain. So a lot of times the fact that the stock is unable to bounce to 16 or 19 like we had planned originally. That is the confirmation you're looking for on this particular strategy, right? It makes sense.

It's already so weak from pre-market and sold off so much that there's no buyers. And at the open, this thing just kind of pop a little bit and slowly fade back down. You can see I tried to add a little bit. Um, at the breakdown right? I never got to add higher 1540s now have about a thousand shares at 1560s average.

so I'm adding slowly into this, it's proven to be extremely heavy. You can see not a lot of upticks on stock you can see these are two minute candles and earlier I was using five minutes, but two minutes. but you can see these two minutes candles all red. all the prints going through on the time in sales shows that the stock is extremely heavy.

We're breaking down to 15 now. So I made the money about. you know, 60 cents holding from 1562 average and we are breaking that little. You can see if you draw across the Slime that 14 dollar 80 cents 1470s low of the day from pre-market we are breaking now with the increase in volume on this breakdown over here.

Remember when you're looking at these technical breakouts or breakdowns, it's not just about the stock is across Crossing that level. it's about what's the volume in comparison to the previous consolidation area. So this is extremely high trading mode. We're talking about the 1.3 million shares traded within the first five minutes on the sell side, so you can see I just added a little bit more.

Um, another thousand shares at 15. So now my average is 2 000 shares short at 15.21s and I mean the money for about um, 60 cents, 50 60 cents. Nice little breakdown here. 1450s.

Now you can see the stock just keeps on selling off. As you probably already know from all my YouTube videos, most of my strategies involve scalping, momentum and shorting. All those scenes will require a very fast broker platform and I have an exciting promo from one of the premium. Brokers I personally use Center Point Securities If you're trading with over thirty thousand dollars, you can use Center Point to day trade with zero commissions for 60 days and that's not all.

You also get access to the Astronaut Pro for one month for free. That's the trading platform you're seeing all my videos. That's another 150 value for free. To get this offer with all the freebies I Just mentioned you can sign up to Center Point Securities down below and now let's get back to the video.

Fast forward a little bit. You can see the stock is trying to bounce and reclaim that 15 area. I'm trying to be patient. You can see the little bounces are like very very weak.

It's not like a strong reclaim bounce that you sometimes see on the real technical reversals. Stocks is bouncing to 1570s. Now this will I actually be the ideal place to add. Fast forward a little bit more.

You can see the stock is back around like 15, but it's having trouble holding that area I Did get a little bit distracted around this time I was trying to trade Tupperware Another highly short squeezed main stock at the same time so I definitely got a little bit distracted. You can see now on the five minute chart. we are slowly breaking down that 15 again I just added a little bit more at 1490s so giving my average down to 15 14.. So really trying to hold for the big breakdown of that fifteen dollars here.

and despite all these consolidation, you're looking at around 15 Yes, when you're trading, it feels like forever, but it's actually only been 10 minutes after the Market's open. so keep that in mind. Okay, so a little bit more time has passed by, you can see we're literally teetering around that 14 90 15 area down here. with all my you know, four different entries.

I'm still holding a 2500 shares short at 15 14. now I'm really waiting for a flush, but a lot of times you know the consolidation could take you know a little bit longer for that flush. and right now it's about 20 minutes after the Market's open. You can see it does look like slowly fading down lower lows.

They're trying to defend that 1490s area, but you know they're slowly slowly getting sold into. You can see for a second over here looks like they're trying to squeeze it from 15 dollars. Really defending that bottom around 1490s over here. Remember at the same time I was trading another stock on the top over here Tupperware So I think that's around the time I decided to cover some of the Amsc so I can truly focus on Tupperware but you're gonna assume find out that's gonna be a mistake.

Okay, you can see I'm trying to cover 500 shares at 1490s just to cover some to free up some risk. So I can totally concentrate on the trade above. Come on, you can see I'm covering another portion at 15 this time around. I definitely messed up I covered way too much you can see I'm covering 500 shares again at fifteen dollars.

so you know, definitely cover too much owing all from the two covers to like more conservatively. I covered a thousand shares out of 2500 shares position. Yeah! I Really wish I'd I really wish I didn't do that. You can see.

Fast forward a little bit later. We are now finally breaking down 1440s. Uh, you know 1430s. this is what I was waiting for.

but I sometimes do need to practice my patience more and I agree I was just really trying to concentrate on Tupperware but as you can see, it's now breaking down to 1420s I'm still holding the 1500 short 15 tens average now I'm nicely in the money by about a dollar I covered a thousand shares of it too early and I know I was really impatient, but if you look at that time, it's only been 13 minutes after the Market's open. so 30 minutes to make you know probably a dollar per share. That's pretty good and you can see it was still breaking down on this Amsc 1410s and let's see if we get to that 13, 40, or 13 tens. final price Target Remember that's what we had planned earlier.

We are now breaking down some more to 1340s. You can see I'm trying to cover a little bit at 1380s I think so I covered 500 shares locking in 840 dollars on this one particular trade. so we have a thousand shares left. You can see once it flushed down to the 1340s area, you know there's some small support layer.

Definitely nice. I think we saw 1350s over here breaking down to new law of the day 1340s. Now yeah, that was a nice flush down to 1330s. Most of the day is 13 31.

so you can see the stock is trying to bounce. Now you can see I haven't left I have an order outstanding at over here 1382 with a remainder 800 shares. You can see it's starting to bounce right. The stock had bounced really quickly from 1380s over to 1420s, so a lot of times that signal is a reversal.

You want to be careful, you don't want to outstay your welcome so you can see I'm trying to turn to just cover it up Now taking the 1430s, ask I think and then just got out. So I covered up everything at 14 30s. So closing up this trade ending with 1700. So it took about right now about 10 10.

So it took took about 40 minutes after the markets open and as you can see, while we didn't get all the way down to 1310s, we did go to 1340s, 1350s and the majority of my covers that you saw earlier happened around 1380s over here and then over that to 14.. So you definitely want to take the meat of the move with the sculpture strategy and be done for the day. Do not outstay your welcome and get grinded back up all the way to 17. So yeah, so the majority of the trade happened from 9 30 all the way to about 10 10, 20.

So Seventeen Hundred dollars? not bad for about 40 minutes of work. Now the next trait we're going to talk about is also a scalping strategy, but it's on the other side now. on the long side on the stock. Tupperware Basically the stock has dropped from you know we're talking about I think double digits double digits from 2021 2022 and this year has been absolutely disastrous for Tupperware Sock, uh, facing bankruptcy and insolvency issues and has dropped from four dollars all the way down to one dollar.

And if you stay below a dollar for too long, you're gonna get delisted. But anyways, the stock has recently gained a lot of momentum and a lot of interest on social media. You can see the volume has increased drastically from 80 cents 70 cents to a dollar to two, four and five. and the day in particular I'm trading is is um, this day over here when the stock had opened up from five dollars and Spike to almost six dollars and then sold off and I traded this one on the long side.

Spoilers I did not execute well on the scalp long. Uh, you can see what happens end up being a loss. So whenever you have these kind of stocks that just goes parabolic on a daily chart and has so much social media interest like the GameStop the AMC basically a lot of the the short squeeze. Wall Street bet stocks a lot of times there's opportunity to make money from both the long side and the short side.

Well overall if I'm talking about long term I'm definitely more sure biased but intraday if you're looking for a quick scope at the Open. I would usually prefer the long side if we're talking about a quick trade at the Open for the part-time Traders So you can see this particular day we gapped up from Priorities Close 440 to 540s pre-market Now what I would like to do is if I want to go long I want to see the stock actually sell off a little bit right, sell off all the way to five dollars or perhaps even lower for 80s and if it does reclaim a key level which in this case I'm going to use the five dollars over here, you can see the little dip here, pre-market dip to fives and then rally back up to 550s and then at the opening a poll to that five dollars level. So that's the reason that's going to be my key level to risk of if I'm taking a trade on a long side for a scalp. and remember this doesn't work on just any stocks that's breaking up.

It has to be a multi-day runner that's being heavily short squeezed. So the strategy is very simple. Look for multi-day Runner look for breakout on a daily chart as well and especially wear a tightly short squeezed High short interest, then look for a pullback at the open, reclaim a key level to go long. If you're a little bit lost, don't worry I'm gonna show you the executions right now I'm at live Trading recording before we dive into the actual live trading on the Tupperware scalp long strategy I Am a little bit embarrassed because you're gonna see in just a second that I did really good on an entry and I'm gonna show you how you can get this perfect entry using key levels.

but where I failed is to take profit. So that part I'm definitely really embarrassed about it. so keep that in mind and if you haven't hit the like button, please remember to do so. That's the best way to support the channel and tell me that you want to see more content like this.

So this is about five minutes after market open. you can see on the top charts over here: Tupperware the pre-market rally up that we saw earlier. From 460 470 to 550s, you can see that line drawn over here intraday during my trading chart. this line is the key level five dollars.

So like I said earlier I Want to see the stock retrace to that key level after a market open, ideally within the first 30 minutes of the day. So if you're looking to scalp the trade on the loan side, you want to see a retracement to key level, right? So you want to see a breakdown. You can see the scene broke down to 480s and then bounce back up to that five dollars level. So that's what got me interested.

It broke down below key level and then reclaimed over that. Remember, you are looking at this five dollars as a floor. You're not looking to catch a folding knife thinking that it's going to bounce. Remember, nothing has to bounce.

You're waiting for it to flush below five dollars and then reclaim over that. Hopefully this this this. this makes sense, right? You're not trying to catch a folding knife. Watch for the confirmation, which is the reclaim over five dollars key level.

And another thing that's important is that you want to see really high volume. The stock is already trading 20 million shares within the first 10 minutes of the day, so the volume is definitely really high so you can see it's reclaiming that five dollars. That's why I put in 2 000 shares at Five dollars. I'm trying to get in really quick to take a scalp.

On the long side: two thousand shares 501 I Have decent entry down here after the reclaim of the five dollars key level and you can see really quickly. It's already bounce into Five Twelves testing a V-wap area right? so we're already up 10 cents after. you know, getting in a couple seconds earlier. So nice little 10 cents.

You can see we're testing a V WAP if you're looking to scalp. usually if you're conservative I will sell into that view at breakouts at 5 15. but you know on this particular scalp trade, I was looking for a lot more. That's why I didn't sell into it.

But if you're a part-time Trader if you're new, you're conservative, sell into the viewer breakout. Take that 15 cents on 2 000 shares. That'll be 240 dollars. So you can see we're testing at 520s.

I'm actually looking to add you can see I'm prepping the orders getting it ready over here because he was squeezing a lot of volume. Well now over to 525. Got some sellers in the 530s over here if you saw flashing some big sellers, but we went through that really quick actually. I added some more.

Okay I Do not recommend this ad. This is definitely an aggressive ad, but on this particular trade, I was a little bit too confident that thinking it's going to six dollars or higher so that's more of an aggressive play. If you're a conservative, take the entry below closer to key level. you can see what's starting to hold up over here.

Do you see so a lot of times when you get these bids going through so fast you're gonna get a skip up action. You can see you can see they flash a couple of big sellers, but we're skipping through to 540s. That's how you know a couple of things over here. A lot of buyers bidding the stock up, everyone's taking the ask and buying, and you also see short sellers.

A lot of times you see the big big orders. um going through on the ask side those other short sellers trying to cover. That's how you get these. Like skipping like squeeze action when the stock is almost gonna hold up.

It happens really quick so you can see a lot of big orders going through. Yeah, Shorts at this point is definitely in trouble. So that's how you get these. Like kind of big squeeze action is when shorts have to pile on.

They take whatever they can bid ask. you know, 20 cents over ask to get out of their short position. So short sellers are piling in to get out of the trade. they have to buy to cover costing the stock to squeeze up even higher.

Now this Frame right here. this is where I made this critical mistake knowing that I had a really bad entry over here. Remember at 2 000 shares at five dollars and added like a thousand two hundred giving my average of 513. my average isn't that good anymore.

Okay, 513 average compared to Five dollars. It's it's it's it's not as good, right? And that's fine if you're on the right side of the trade. But the problem was I didn't sell into this breakout. So now I'm holding 3 200 shares at 5 13 and there's a resistance up here, right? You can see this pre-market High area 550 560s so we're approaching the resistance, so you should always at least sell some partial positions into resistance.

But but I didn't? You can see I'm just holding this I'm not selling which it's the mistake over here. Remember if you have a follow through so quick I only got in like what a minute ago at five dollars and then you have a stock squeezing to 540s, right? We're talking about 40 cents in within one minute, you should take some profit. So I didn't do that. You can see you can see it's hitting a wall around that 540s, right? Yes, you do have like sure trying to pile on to.

you know, because you can see that big water over here trying to pile arm and get out. but at the same time you're not breaking through the resistance a lot of times. That shows that. Okay, while you have enough buyers and shorts getting squeezed to test the resistance which is doing, you don't have enough actual more buyers coming in to buy to break through that.

So that's where you have a lot. you can see that kind of action right? So that's where you can see we were just we were just at 540s over here and in the next second you're getting a huge rejection. Big seller stepping in that 540 seller went through. you can see the stock just I mean sold all the way back down.

You can see that rejection is Harsh from 540 some to five dollars and you have like you have the inverse of what we talked about earlier earlier. you have a skip up. Now it's followed by Skip down from 540 he's down to 503. that's a 40 Cent skip and you can see after it did that just I didn't get out.

we can see I'm like panicking trying to get out at 3 000 shares I was I was up decently now I'm down about unrealized eight hundred dollars. So that's the lesson here. You want to make sure if you are scalping, make sure you're not holding for the moon like I was so you can see I'm like panicking trying to get out when when the stock is breaking down after a huge wall of rejection, it's very hard to sell your shares because everyone's panicking and like smashing the bid to get out right? This is the opposite of what happened earlier when short sellers are taking the ask to get out of their shorts now. I'm on the long side I'm smashing the bed to get out of the long.

Nobody wants to be left back holding the stock. So yeah, this is terrible trying to get out. At the bottom of the candle you can see I got out of it at 494. I was up 40 cents now I'm down I think 20 cents.

Not the best trade definitely. and uh I'm definitely embarrassed to show this, but it is what it is. Trading is a lot of greed and fear mixed together. so definitely I got a little bit too greedy trying to hit, you know, like five Sixty six dollars.

Lesson learned. So I did eventually take the short side later on on. Tupperware But the trade I really want to talk about is the loss on the long scalp over here. So I ended this trade on the long side down.

Negative: 561 dollars and you can see. good thing I got out the stock is back at Lowe's now 480s. Not fun I Got out earlier about 490s. So the scalping strategy I just showed you is definitely very useful for part-time Traders You don't have to scale in or add or take so many covers like I do.

If you have a smaller account size, you can simply do one entry and one exit. You just have to be more precise. Remember all you're looking for when you're doing a quick scalping strategy is to get in and get out, time your entry and take that profit. You need to be happy with small profits slowly adding up.

You cannot be looking for a home run using these kind of scalping strategies. whether you're on a long side or the short side as you just saw for both of these strategies on the short side on Amsc and alongside on Tupperware you need a really good read the price, action and technical analysis and I have a video over here that's going to help you a lot with using support and resistance or supply and demand in your trading strategies. It's a simpler and more direct trading concept that's going to help you develop essential skills such as understanding key levels and price action. And I'll see you over there.

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