What's going on everyone, i don't know why i'm doing this thing with my hand, it's been a decent start to september, we're seeing a lot more runners and gappers every single morning. So we're gon na talk about my trades today. Um amc, neo lucid as well as my only loser on the day, which is alibaba, so we're going to start with a loser on the day first, which is alibaba. I was more interested on the long side and this thing just completely flopped.

I was looking at long around the 177s and you can see. I got in long a little bit too heavy for my liking. No, maybe shouldn't have gotten that heavy um, but it didn't work. You can see it just completely.

Tanks below the 177s level um and that's an important area on the daily chart. Right 177 is right here, uh and then and that's the reason after it tanked. I did flip short, but i was a lot bigger on the long side i flipped short and made some money back covered into the flushes. Basically, once it breaks down that 177 level, then all the bounces to test that level, if it's failing which it did at the open, then we have a gap, fill area all the way down to potentially prior day's close.

So i got in shorts here. I'm sure that little pops here after i got out of my lawn for a loss i re-shorted and over here 176 176 - i'm covered in the flushes and i re-added some shorts, and i was so out of the shorts here. I did try to get in long here and that didn't work and i scalped it short. But overall i made money on the short side on alibaba, but it's net negative because i lost on the loan side.

So not a good trade, especially after um. It just broke down the 177s. These chinese stocks have been undergoing a lot of pressure and i was looking for finally a bounce. You know.

Yes, we have had a bounce, i guess the last two weeks or so, but well i think i'm looking for the big move potentially to 180s or even 190s. I don't know if that's going to happen. You know it's not looking that great, because every time it gaps up it just sells off the entire gap. So today is not the day it bounces.

You can see it's probably going to test prior days, close and potentially even below right. Okay, now, with the loser out of the way, i can talk about my winners on the day. So amc on the long side is my biggest winner. On the day, i wasn't convinced of the long until the stock went red to green, so you can see uh.

Today i actually sold off the the small gap pre-market from 44, all the way down to 42 dollars and 40 cents. I did go in and loan it, and but when i'm loaning these stocks that's red on the day, it's always like little scalps only so it was just little scalps here and there um. You know i got long hair 42.80 sold into here. Um 4330s, most of it i still have remaining shares.

I got out here. We laundered here around, like 40 to 90s selling to the pops and reloaded here 4280s and i sold into the spike. But after i got out of that initial spike, i realized wow. Look at this volume right when you're trading stocks like amc, you want to look at the volume and whether it's a volume breakout it doesn't matter if it's a candlestick breakout to let's say you know 4350s.

If there wasn't enough volume to support the following buying pressure, then the stock would have rejected that prior dates closed and slammed right back down. So that's the reason i use volume indicator down here and as well as v-wap. I don't use them as entry points, but i use them as a gauge to look at whether this is real. Buying pressure coming in or just you know, like a little volatility spike and go back down because amc has done that many times in the past.

So the strength of the pop of the of the move to go red to green is gon na be determined by the volume. So i saw the volume come in. So that's where i got interested in the actual trade setup, which is the red to green move. For you know a potential breakout from 43 70s, all the way, potentially to 44 80s and 45 dollars.

That's you know almost one point move right there. Well, actually it's more than one point move. I can't do math um. So that's the reason i got in actually long um trying to build the full size.

Now, i'm no longer scalping for these these, like little bounces anymore. That's where i got in long starter. You know i do want to sell into the push for the first 44. Tens and once i see that you can see this dip right here to 43 70s, a lot of times, you'll see these stocks going from red to green and they pull back to test that prior day's closed area first, which it did here.

You can see after that 44 10 breakout. They pulled back at 43. 70. That's why i got him long, seeing that it's holding above the priorities, closed area and the volume was still very decent.

You can see down here. The selling volume did not outweigh the buying volume. So that's why i got back in built a full size. You know i'm really happy about my entry, so i got in long here.

44. 43. 90. 44.

Um. You know nice to see some full size. You know. I'm not no longer scalping at this point and on the spike i sold in the push seventy cents and up here, forty four eighties, forty five dollars, that's where i got out um i i wanted to wait for forty five dollars but um.

I didn't like the look of these wicks up here right, forty four nineties. What's the high of the day um, i didn't like that. You know there's some rejection, so i just sold it um, still decent little little trade um from 43 70s added here up here. 4390S and 44 dollars got out around 44.70 and you can see after i got out right, good thing.

I did take my profit on this trade um because you can see all the wicks here and the stock could no longer retest the highs. Just slam back down to all the way to where i came from from 43 dollars and 70 cents. So that's the importance of sure the entries are important when you're trading these stocks, but exits are just as important right. You don't want to outstay.

You are welcome. Sure my price target was, you know ideally 45 dollars, but we didn't get there today, but maybe we'll get there tomorrow. You know, hopefully the next stock i traded on the short side is lcid, lucid motors. This one used to be cciv when it was at one time trading at sixty dollars.

I remember back, then i was trading it and uh. You know this stock was very, very retail crowded and i know a lot of people got stuck up there. Sixty dollars and at the same time i also i got so much crap for trading it back then um, because everyone was saying it's going to a hundred dollars, but it's all the way back here at um, 18 now so didn't quite hit the 100 price target. I was not, you know, investing in the stock.

I was just trading it, and that was my entire plan today, as well. I'm just trading it. So yesterday you had a huge gap down on the stock from 20 down to 16. You can see this huge um selloff yesterday and a lot of volume traded yesterday because of the pipe lockup is expired.

So that means a lot of early investors who got in a discounted price. They are finally allowed to sell and take their profit. So that's the whole reason. This thing gapped down huge yesterday um so today, if you look at the way it traded yesterday, yesterday's highs was this 1840s area, and that was the area it gapped out to pre-market.

So if it had broken out and held above it um, then that would have been you know a potentially long setup, but you can see this double top right here around 1870s, this turned out to be just a little short scale for me, um, because i saw The stock breaking out from 1840s to 1870s once that thing slowed down. That's why i got in shorts right here: 1860s! Well, i'm doing this! These, like little scalps, just like my amc, long trade! Well, i'm just doing the scalps the position sizing is a lot smaller because i'm just scalping for the quick move so guy in short, 1870s. I missed this cover down to 18. This is like 70 cents within like 20 seconds.

It was so fast. I i was watching um, amc and alibaba at the time, so yeah took my eyes off it. I came back. It's bounced um so on this bounce to vwop 1840s, actually added into my shorts, and i covered most of it into the 1820s, and i was out a little bit around 1830s and just got out the rest of it for the the scalp at 1840s.

You can see this thing did: go back and retest the highs, but couldn't break above it and just slam back down to 18 over here and now the volume is a little bit too low to trade, but i was just looking for a little scalp um. It would have been nice if it had broke out above the height of the day, and then it can actually go to 19 and even you know, 1980s or 20, but um not today. Today, it's just kind of like an inside day. It's just kind of really choppy now, but yeah um.

That's my trade on the short side for for lucid motors. The next stocks also turned out to be a little scope. Um, you guys can see. I like to have two main watches in this case.

For me today was amc, long and alibaba long for a loss and in short and then two little side, watches was kind of nio neo on the long side and um lucid motors on the short side so neo today, you know you can see. I only got in for like scalp size, i was looking for a big move to 41, which it did it just it took forever like it took forever to to for me to make even 30 cents on the stock um you can see. Yes, today is the day it broke out above this 40 area on the daily. So i think it was near the end of the day yesterday that they had partnership with lotus um.

The news for neo and also it's been very beaten down with the rest of the chinese stocks. So today they, i saw a huge rally above you can see it broke above yesterday's highs and prior couple days high. So this is a daily breakout. Okay, it's time for our q and a's.

The first question is from zebra he's asking: if there is enough liquidity to hold positions after 12 o'clock, so basically noon lunch time um, then he noticed that the trading volume drops a lot. So a lot of traders walk by lunch and it's for good reasons. I do the same thing i usually like to stop trading by like 11, 30 or even 12 o'clock and take a break until i come back in the afternoon for power hour and that's because you know a lot of times. You get actions like this.

You know like el nino is a perfect example, even though this happened, but before um 12 o'clock, you just get these like a choppy action where it's not really breaking out and it's not really breaking down. And if that's the case, you just end up a lot of times when i trade during the day lunchtime, i just end up losing money and giving back profits. I had made already at the open, there's good reasons why a lot of traders take a break for at least two or three hours for lunch, and this is exactly it. You want to protect yourself from being stuck in.

You know low liquidity, stocks and stocks such as not moving or range bound. So that's why i really recommend you should really track what time you make the most money and what time you lose the most money - and you know, you'll, find out that if you just stop trading and walk away, let's say at 11 30 or 12 o'clock. You would probably be more profitable that way, so, hopefully, that answer helps some of you guys out it's just as important to know how to keep your profits from trading as it is how to make it. A lot of people will make a lot of money early on and gradually lose everything midday or afternoon, especially in the summer.

This is a very important to know and that's the reason when i film these videos - it's usually after 12 o'clock eastern time because it protects my trading account from me. If i go back and trade midday, i'm pretty sure i'm going to lose money. If you have any more questions, feel free to, let me know in the comment section below. Thank you guys for watching, and i will see you guys next time.

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