What's up guys hope everyone's having a great week so far? As for my canadian followers and traders, happy thanksgiving hope you had a really good long weekend, i'm not really a big fan of turkey, and usually you know. I only eat turkey. If i'm celebrating with my friends but this year, just me by myself, i don't have family here uh, so i didn't celebrate, but with uh hong kong style roast pork. I know you see this photo you're, probably really concerned.

Oh my god, humble trader. Did you eat all that food by yourself and let me reassure you yes, i did guys, i don't. I only work out so i can eat. I don't work out to look good and i eat a lot.

Okay, i can eat this. Is i don't spend money on lambos or whatever fancy, but i spend money on food. So let's talk about some trades from this week, even though i thought this week stop texting me so monday morning started off with me being stuck in a halt um on mdly. If you guys remember the stock, you know spiked up into the open right at the open onto two to 80s and then sold off, and then i covered some.

I had a small short starter just because i was kind of anticipating the dips getting bought back up and they're gon na squeeze it back up again, which they've been doing and on a few other stocks, so you'll see really soon um. But you know i covered some as per the plan and have very very small size left, and then we got halted. So this was not fun um, even though i didn't have a big size. Still, you know like it was a news pending hold.

It wasn't like a volatility hold. I was stuck for pretty much from the open like 9 40, all the way till uh two o'clock so not fun. I couldn't take a nap that day um but um. You know the the news is fluff.

You know et cetera, et cetera, mdoi. You can see on the daily charts. It was up. I guess what was it like? 200 300 at the time of the spike, and that's why, if you look at a daily chart, there's some hard resistance around three dollars.

That's why i was leaning more short bias and i was trying to shorts towards that three dollars area. I only had a starter, because i want to start building my position if we do get to three dollars: um, but small size, you know ended up being a small green, but i will say being stuck in the halt for like a good chunk of the day. Was not fun, so it was definitely not worth it. I was trying to take things easy because monday was the day of thanksgiving day, lizzie what's another stock, so this kind of action is what i was talking about.

Uh spike at the open, sell off bit started forming some base around 390s four dollars and spike back up um. That's what i was anticipating mdly to do it didn't um. I started shorting uh, let's see a little bit too early and i took a decent size loss on this early um and then once it starts basting around here on low 390s, i started building a small, long position, i'm not as comfortable loaning these stocks, even though I know they are probably gon na squeeze, i'm just not as comfortable having a huge size on these. After this failed follow through you can see, we failed um to test pre, uh pre-market highs, and that's where we got a nice slam.

Um from 430 is down below v-wap and we just faded off all day. So that's where i actually went back in short once it shows you that you know it's met some really hard resistance around the pre-market levels about 460s, 450s and no failing to hold v-wap, etc. This is where it became really heavy and a lot of selling you can see. After this, the stock could barely ever bounce.

So it's not a perfect thanksgiving until i get my face ripped off at the end of the day. So usually i don't like to trade in the afternoon. Sometimes i'll go in for some smaller sized place and i definitely got squeezed on wafu. So you know this is the kind of low-flow momentum play we're talking about a lot of times, even though i'm using daily resistance around seven dollars six dollars area too short, the momentum was so strong.

There was so much buying volume, it doesn't matter. If the stock is technically worthless. It can still go all the way to eight dollars before going back down, so i got squeezed you can see. I started a small position around five sixties, but the goal was to build about a six forties average.

You can see, i got squeezed, didn't work out, got squeezed got squeezed and i finally got out all of it. I did flip go back short after this failed spike. Um got a small piece back, but you know sucks to give back some profit at the end of the day um, but i'm always really careful near the end of the day. Just because, especially if i had a decent day in the morning with mdly and uh l, i z - i i want to be careful, it's okay, to give some profits back as long as it's not too much, because i've done that many times before.

So after that, i just don't want to fight it anymore. You can see the stock actually squeezed even higher after hours. This is why i don't like to hold any of these low float trash stocks overnight. I want to make sure i fall asleep at night.

You know: okay, let's move on to talk about the place from today, which is tuesday, so pre-market um. If you look at the pre-market gapper from the day, the only play that was pretty much gapping up up was years um, which that one i did play on the short side. I don't like to trade these. You know one dollar two dollar stocks, especially when i think it closed around.

Oh this one's okay, 85 cents um, which is okay, but if it close below 75 cents, it's gon na, do the stupid hold up and hold down every every 15 cents like mdoi. Did yesterday, so that's why that's one of the reasons i don't like to play these stupid super cheap stocks. I did have a you know: small size, shorts from 140s and i covered pretty much around one tenth: 30 cents, nothing big, but the other stocks. That kind of started popping up later was p e d and n d, l y, so out of the three gappers from today, mdly was definitely the trickier one and i definitely gave back a lot of profits because of this midday squeeze algo that we're talking about You can see i had a decent sized position from pre-market.

I was out of my pre-market size tried to build it back up at the open, didn't work cut it for a loss, and by this point i was pretty much break even mdly. Sorry mdgs. All these turds, they all sound, very similar um, and then i started you know what this plant is kind of. Bothering me, let me just just oh okay, so this is where i started scaling back shorts.

I had the starter size um, just because i thought this very well could spike back up which it did um after it starts holding around three dollars. But by this point this does look really weak um. I did cover some. I want to keep on adding back to the pops um, especially if it pops to view up and be careful what you wish for, because i did gather ads and i also got squeezed um you can see, even though i wasn't full size, it was still decent Enough to wipe out um the gains i did on md gs so over here.

So you know i squeezed pretty much. You know i was a little bit slow today. Maybe it's all the food i ate last night on thanksgiving, i was a little bit slow on md gs on the cover got stopped out pretty much at the very top 370s covered, the rest of it tiny, tiny couple hundred shares left around 370s took a pretty Decent size loss um. At this point you know i was looking at it thinking that okay, are we really gon na start holding on 370s and consolidates to potentially go to four dollars at this time? It just looks like one of those low-flow squeeze elgos that we talked about last week, squeeze out all the shorts dump on the lungs and which is exactly what it did.

You can see v shape down, v, shape up and v shape down again, so i did have some re-hits on the short side over here from 370's uh 350's and covered over here um and i went back in a little bit later. So you know pretty much gave back a lot of profits from mdgs. At this point i was up only a couple, hundreds on the day and actually read from the locate um because of mdgs. I was frustrated, but you know it wasn't.

It wasn't the end of the world, so the next stock ped this one just a lot more straightforward, um, you can see you know it's. I kind of played this. The same idea, right after the stock was so weak sold out from pre-market highs pretty much around four dollars all the way down to 240s covered some re-hit, some short pre-market covered all the pre-market sizes, pretty much at the opening flush and after they open i'm just Re-Adding on the pops, even though those sizes are a lot smaller, of course, just because you know this, this is a very. This is a very weak bounce and why not be prepared if it does bounce back to 280s and doing some crazy, crazy shenanigans just like mdgs, so ped was a lot more straightforward, um, less headaches, uh and you know you know added up nicely so the other Stock, i played um the large cap side an et so this one i was loan biased, but i did take um some starter uh, starter long, and you know this one.

I think i kind of let it went a little bit too far on the stopout. Should i stopped out around uh 56 40s um, but even though i had a loan uh, you know, i think, at the time i was trying to battle dgs, no excuses, still decent size loss, even with just a starter size. I did start going back in, which is you know, really the saving grace on the day on the stock um, i went back in around 55 after they held a double bottom on the daily chart sold some re-added back some at this point, volume was a little Bit thin so i took some off and i want to add after it confirms that it's gon na break out and go red to green, which it did and that's where i added back here you can see. I accidentally shorted accidentally shorted added backing on the long side, so some and i held a tiny, tiny position with a trailing stop um throughout the rest of the day you can see my entry on the last position was around 57 80s and i had a stop Loss around 57 40s, an actual stop loss, um not like here, where i left it.

You know a little bit too loose, but i never got hit and at the end of the day i didn't really feel like taking this overnight, so i sold all of it at 60 dollars pretty decent. So you know trailing, stop, definitely pretty useful. If you have to step away in the middle of the day like i do to take a break so from the last recap, we had some pretty interesting questions and i think that would be cool to do. These kind of you know q, a where i picked some comments from the last recap, video and i'll answer it here.

So benx asked i, like the new format more. Thank you. It would be nice to see these commission ecm fees and rebates and borrow fees. Nobody shows those numbers: okay, i'll show you right here: unborrowed fees on a stock like ped, it's about two cents and 82.

You know point: how do you say this point? Zero two eight dollars per share so on three thousand shares i'll, be eighty four dollars on a stock. I peck, which i you know, regret fully located a little bit too much: um 15 cents. So a thousand shares 150 dollars. So this is what i mean by if you like to short these low floats a lot of times, you usually start a day red.

I definitely started out red. I think i located um about eight hundred dollars worth of locates today, so i definitely started out red already pre-market, so this is kind of what the locates look like um. You know you have to pay to operate in this business. This are all business expenses and they're, all write-offs, so um, so that's kind of what it looks like on the locate side.

Okay, so as for the for the um, you know ecm fees, etc among the ticket. You can see right here uh. This is pretty normal for me. I do about 40 to 50 tickets.

That means trades per day on the you know, pre-date today isn't slow, but it's not like super hot um on super busy days. This tickets could be over a hundred um. So i guess couple weeks ago, with spi my commissions at the end of the day was a lot higher than this sometimes could be. You know, 500, depending on the size and amount of trades i take, but this is pretty standard on like a regular day.

Not so small day, like this commissions, nasdaq fees, sec fees, ecm fees, rebates, um, my equity, my buying power, my unrealized um, real life, so pretty much a scratch day. So if you guys have other questions that you know i haven't covered before in my past videos, please leave them in the comments and in the next video i'll i'll answer them. Okay, guys! Thank you guys for watching. If you like these kind of video formats uh, please let me know in the comment section below um: i'm only gon na make it if people are watching them.

If no one watches these videos, then i'm not gon na make it, because i usually don't like to do videos during the week. Just because you know i'm tired after a trading day, but if you guys do enjoy it, make sure to. Let me know and i'll keep on making them and make the videos coming for you guys. Thank you guys for watching and i'll see you guys next time.

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