I should do some live trading on youtube and here are my thoughts about live trading. So it's been a week with a variety of different kinds of plays, both on the small caps, the large caps, the energy stocks, the electric vehicles, including the specs as well. So lots of opportunities um and for different setups for both on a loan side and a short side. So, let's get into it so one opportunity that i really missed out.

Um was um plug p-l-u-g uh from i think tuesday. This thing gapped up um and i was loan biased on this. When the stock was gapping up around. You know the 62 64's um.

I did think that we have upside to the 70s, but you know i it just didn't work you can see. I started ink on the dips um, but once it failed to continue the trend higher, i cut cut for a small loss. I did come in for a reversal, long and decent small small profit here, and i tried it again as well. Just didn't work and you can see the stock pretty much consolidated the entire day and you know, held the 61 level really really firmly um.

That level tested once twice three times and then it's not until like 1 30 and 2 o'clock power hour, the stock finally broke out and uh you know, went higher into the close and then gapped up overnight. So this is the one stock. You know it was a small loss, it's okay, but i really wish i kind of captured this opportunity a lot more, but unfortunately it just didn't happen, but i did trade gme gamestop um. I know this is a stock.

I squeezed out a lot of shorts. It's a very highly shorted stock. If you check the short interest on finvis, you can see that gamestop um. I think a lot of people have been stuck short since it was like single digits.

People are betting on the stock. On the company going bankrupt and for me this day when went parabolic, you can see the stock went from twenty dollars 21 and squeezed all the way to thirty nine dollars. I didn't chase on the front side, but i did along the dips um once we i saw the ceiling slow down around this 32s area. I did getting a little bit early with a starter size, but i did adding on confirmation on 32s and we i got a nice bounce towards 33 and 34.

with stocks like these, they go parabolic. For me, it's always safer to wait for the pullback and wait for the retracement levels, and for me that was a 32s and you know it was a very decent bounce bounce in two points and the stock sold off and reclaimed and just traded sideways um. Very just decent opportunity on the long side in terms of the small caps, they were a little bit slower uh. If you look at stocks like bmra and acor um this one i was more short, biased and the stock.

You know gapped up overnight from four dollars to 770s and at the open there was just no bids. It's like it's almost like all the buying was pre-market and at the open no one was left buying a stock. So what everyone who held the stock overnight and everyone who bought pre-market gon na, do when there's no bids when the stock is not making new highs, this game dropped a lot um further than uh. Most people think um, so seven dollars once that level, cracked.

I went in short um, you know i was expecting bounces to add back aim and be careful what you wish for, because that's exactly what we got here, uh, but thankfully i trade, um bigger sizes in the first two hours like i mentioned earlier, so i shorted Sevens added on the small bounces covered into it and re-added on weakness. I didn't catch the bottom, but around this levels i covered out most of it reshorted some. I was so out of this initial morning, shorts by five. I guess five seventies, so it was pretty decent, pretty much from seven dollars.

Eight sixties. Now, during the the late afternoon reclaim i did go back uh for some small size shorts did some lose some money you can see. You know i covered for a big chunk of it here: um, but rescaled backing around the seventh once the same level failed. You can see the seven dollars level right, uh, it's pretty much.

My first entry on the short side, uh, surely some and then just covered into the fade into close, but a smaller trade in the afternoon. So that brings us to today. My main watch on the day was cciv and also ftft, now cciv um. This is a no upon rumor for the last uh three days you can see the stock went from ten dollars to fifteen sixteen and gapping up to nineteen dollars today.

Um, the rumor is that they are gon na be in a merger deal with lucid motors um, but the key word is that it's all a rumor right. Well, while the stock did, you know, had a very decent last three days, um. I think you know. Usually it's you know on the spikes like these, you can see it did on this day, a spike to you, know 15 and just failed um on spikes.

Like these a lot of times, we see some decent downside, at least some retracement. Back to previous day closed, i mean it did the exact same thing on this day right, you know, if you look at a daily candle on this one, this red candle here, this giant wick. That means it spiked in the morning and it got sold off so today, i'm watching this pre-market levels around the 18 area. Uh.

Once you know i didn't catch the the top i wasn't trying to like top ticket. I was just trying to wait and see how it trends it could just as well trend it higher, but the spike to 20s and failed and rejected, and that's why i started shorting the stock. I started in small size 1860s and i added once you can see this 18 key level failed. I added into the spikes and got a very decent average about, after all, the averaging down.

After all, the ads short on the way down, i had a decent average about 17 90s and covered into the flushes, and i covered into the final big flush out around the 1650s. So that's a very decent trade and it all happened within the first 30 minutes of the open. Now, once this stock flushed out around the 1650s, i'm actually flipped long for a tiny scope around 1650s and you know sold into the bounces just because a lot of times these very extended stocks after they drop so much from pretty much 20 dollars. All the way.

To 16, below the previous day, close you can see. We touched the support from yesterday and a lot of the times when i see buying starts coming in at these lower level, supports um big range right, um! That's where i'll go in, for you know a decent size, bounce now, the other stock. I didn't get much size on this ftft. This thing just kind of faded off the pre-market open um.

So i didn't get a lot of size on this, but decent small small wins they added up and of course i was out way too early, um, the stock cracked, another 40 cents. Now, let's talk about some losing trade because, like we always said it's okay, to lose in trading as long as the losses are controlled and for me one of the losses today is mara. I did think that we're going to go up higher with bitcoin, but the price action just wasn't wasn't clean. You can see, i you know started in small 25.

80S. I even added up here around 26 and the stock just didn't work once it dropped to the low of the day. That's why i stopped out almost everything i got out on the remaining on this small bounce to 26, but this mara trade down alongside uh, was a loss um. They did register for offering.

So i think that could be also what contributed to the pressure. The selling pressure, and also, i think, bitcoin reversed a little bit intrigue despite the overnight gap up another loss. F cell, this one just didn't work. I didn't think that we're going to re retest, the highs back to 18s didn't work.

When that long didn't work, i cut it for a small loss now, a stock that i really should have done. Better is bngo, so i actually, you know, was eyeing the stock for day trade on alongside um today you know they did the offering couple days ago. Um 550 is a pretty relatively small, offering that got absorbed and today we're gapping up um the stock regained compliance, and this thing just went parabolic uh and i did long the stock early um right here. I did long it, but you know it was midday.

I didn't think we could do it and i stopped out most of it, so i only had small size on the long side and once we went parabolic i was like okay. I i actually got in and and and sold the stock and i flipped short, the short was just a scalp um. The long trade would have been very nice if not for the fact that i trimmed a lot of my position around here for break even pretty much um. But no, i didn't think we're gon na.

Do this kind of move until later on um, but i think we'll get a lot more opportunities on the long side on this one. I did scalp the stock shorts by one scalp and i am just covering into the the the the quick um the quick scope on the pullbacks like. I don't want to keep on holding the stock um short when it's a clear, daily breakout, but you can see. That's the reason i was trying to loan the stock um.

The stock around here 650s was trading around here, which is the bullish daily chart and i did sell into the sevens but could have done a lot better. Holding the majority of my loan position but we'll see, i think, when i come back in the afternoon, there will be more opportunities as well now it's time for some q a's. So i've been getting these comments and requests for live trading like this um. This person, jamie and walter wise are asking that you know i should do some live trading on youtube.

So here are my thoughts about live trading, especially on youtube um. You guys all know, i'm against you know alert. You know these chat, room alerts, buying and selling alerts. When i started out those never helped me because i was busy like trying to follow.

Whoever you know is trying to announcing the alerts, i'm trying to follow them and watching every single tick. On my chart, and especially when they screen share and do live trading and the chart i'm watching is not my own. The chart i'm watching is theirs, because i'm trying to follow what whoever is you know, sharing the stream and live trading. So that's the reason.

I'm really against these live trading and chat, room alerts, etc. To me, they're the same thing like when you share your screen live especially on youtube and with a channel now over half a million subscribers, and you know, let's just say you know, ten thousand people watch me. Trade live, and you know, as you may see, a lot of the stock that trade on are these low float stocks? You know i kind of put a two together right. If you don't know what low float means go, google, it go read about it yourself, but think about what that could do to the stock and what that could do to the people following a live screen.

So anyways, that's my opinion on this and come on. The biggest reason people want to watch me live trade is to follow exactly what i'm doing to copy. My trading to you know follow these alerts, i'm very against chat, room alert and, as you guys may know already in my first year i was all red you know i was. I blown like two accounts following chat room alert.

Well, i cannot say: oh it's because of the chat, room alerts and blame them, because obviously i lost my own money. Like my first year, you know i was trying to take it the easy way out. You know trying to copy other people's trading, so i don't have to think i can get easy money and - and i totally deserved those losses since these chat room alerts, live trading, signals, copy trading, etc. They're all the same thing, since none of those things actually helped me out as a new trader when i first started six years ago, in fact, i think they actually put me.

You know a long ways back. Why would i do that now? You know like six years later, there's no way. I want to do that because that's not gon na help. You that's not gon na help me well, it might help me if i'm trading these low float stocks but uh i'm against it, because it didn't help me.

So i don't think that's gon na help you guys out, especially when i know, there's a lot of new traders watching my videos. What i believe in is plan your trade and trade, your plan and the following risk management and on specific setups, there's no way that one is gon na follow their plan when they are following chat, room alerts and at the end of the day, i just don't Want to do something live publicly on youtube to over half a million people when i know that this thing specifically did not help me out as a new trader and in fact it could hurt a lot of other people too. If you have any more questions, feel free to leave them in comment, section below and drop a like if you enjoyed the video. Thank you guys for watching and i'll see you guys next time.

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