well what's going on guys doing a quick recap here from this morning trading a
ldx gonna break it down in this video talking about how I found it where I
sold out where I bought it at and how it all worked out stay tuned so taking a
look here at 8 LDX this morning this is the 5-minute chart you can see it jumped
up from that 375 here this morning all the way up here to 7:30
you know pre market got through that 76 degree it was up almost a hundred
percent at one point normally I try to get up around 8 o'clock see what's going
on see what's moving on the market checking out what's gapping up what's
gapping down al DX was on top of the list big gap er this morning I found it
looked at it was like ok I'm gonna give it some time so if you look here on the
daily chart I had that previous resistance there at the 676 area so that
was kind of like okay I wanna see where that's gonna do there see what it gets
up there maybe do look for a pullback it had phase 2 news it was good news the
stock was had a lot of volume at 500,000 shares traded so it was hot there was a
lot of talk about a lot people talking about how this talk was going to the
moon some like ok this is pretty cool I did a
little bit more research I'm like okay it's not that good amuses only phase 2
news it's not like an FDA approval holding like that crazy but you see the
stock has been up down up down it jumps up really fast it crashed off s has a
small float so I'm looking here at al DX this morning and kind of get an idea so
it gets up here the 676 here it does a bit of a pullback down to the 90 ma I
got my first fill there I try to get filled there 500 shares only got fill a
993 shares it ended up jumping back up then I finally got filled 207 shares
there so I 300 I'm like okay this is kind of look like it might want to pull
back kind of come back down here the 630 area we'll see if it gets down the 630
or maybe I'll get some more fill there and that's what I ended up doing end up
getting filled 200 shares 0 645 and then another 250 here at 6:45 so right there
I had some 150 shares my average was 649 I felt pretty good about it my stop-loss
is right there the 630 area so only had about 10 cent stop-loss you know if it
really wanted to turn on me didn't want to work out and kind of was watching it
so right there that was the plan you know getting in here keeping my
stop-loss at this area basically the bottom of these candles is a five cent
ticker so when it starts moving it moves fast you don't have you know
pennies to play with you only have five cents to play with so kind of watch that
630 area that wanted to break kind of getting out of this trade but you
see here ended up curling up here and I was like okay this is looking good but
it happens we got up here to this 676 here again and it didn't look that good
had a lot of resistance there big seller just sitting right there on the ask it
did not want to move through you can see how these doji's here to doji's I was
like oh shit double top this is not good and it
actually got up here to 685 and then pulled back and I was looking pretty
good actually got all bought up there I taking profit on this candle after these
double tops there and got out there 300 50 shares is kind of locking in some
profit there and then locked in another 200 shares here and had 200 shares left
I was like okay I wasn't in love with this anymore I really wanted this to
explode it wasn't exploding there was a lot of selling level to was really
jam-packed full of selling so I didn't really think I was gonna go that big so
I'm gonna give a little bit time see we get back to the seven dollar area here
ride it open and that's what we got we got that break through seven dollar area
right up here to 725 I end up taking a profit there at 7:10 I'm happy with that
200 shares ended up making a hundred and ninety-two dollars there on a ldx
the other tray that I made this morning was on si GE si GE gapped down this
morning it's a big stock I thought you know I buy 200 shares maybe get a two or
three dollar move at open luckily for me I got out because you can see here si GE
ended up making a $10 move the other way you see a gap down this morning it cap
down big actually from the $90 area down there to the $66 area I shorted it it
did not want to break $66 I'm like okay didn't want to break I got out there for
literally just kind of break even and you can see getting in there getting out
and this thing ended up going up there to $76 so it would have been a beautiful
long I really could have went made some money there long I could have bought
long buy 100 shares long made 10 dollars a share I'd have been a thousand ORS
profit so you know it could have could have should have woulda but at the same
time of day I'm least I'm happy that I end up covering there and got out before
this insane squeeze happen because I would be down a thousand dollars so not
the best day ever but it could have been a lot worse it could have been a really
really red day a LDX could have went the other way but I had a small size so I
was kind of managing that risk there si GE could have really exploded on me and
really messed me out today but luckily in the green on the day protecting my
profits every single day if I can make 100 hours every single day that's all I
really need and seems making our doors every day
cause they're gonna be those days 8ld X you can see al DX had all the signs for
one of those explosions in a small float had news had a squeeze going on this
thing could have literally exploded to $8 $10 no problem but it's one of those
things you know last couple days MRIs had a big squeeze in L and K had a big
squeeze k ura had a big squeeze all doing three or four dollar moves that
open and this is one of those setups I really thought we're gonna get that
explosion did not get the explosion it didn't work out but you can see I'm
happy with that they ended up balancing off this 640 area where I got in earlier
back up to that 725 here 730 had a double top probably should have soared
it there call people in the live chat ended up
shorting their call people in the live chat end up shorting on this first came
out which was amazing short there another stock this morning which would
have been an amazing short kind it was like after the whole Ald X thing after
being kind of like okay you know it's one of those days
it's I'm not gonna force I'm not gonna over trade you see TeV a really a
beautiful short setup you can see here this is one of those setups that I just
love to see I probably should have sort of this one managing my risk there being
smart and you can see TeV a had that double top there at the 2010 area there
a pre market and then it opened got up to that 2010 area again couldn't break
through it pull it back all the way down here to 1870 so big move there you know
$2 off that was exactly what you want to play you want to play those pre market
highs if they can't break it open that's a very bearish sign so TeV a plane the
perfect setup here but overall al DX I really thought this one had a huge
potential I thought I could really explode like I said last couple days had
these big movers and open so I was like okay this is one of those setups you
know I got a good entry here I feel good about it it was looking a little
top-heavy there pre-market which wasn't a good sign but we got a little bit of a
ramp up into open and then got that big jump up to the 725 area and then pulled
back quick so you can see how fast this thing pulled back it pulled back so fast
literally from 725 down there to 625 BAM huge crash right there at open luckily I
win with the trade knowing okay I want to take profit over $7 if we get stuck
at $7 I'm gonna cut my loss take profit there if it goes above $7
I'm gonna take profit you know kind of looking to see if there's any top there
it got 725 he got stuck it didn't want to go I was like BAM hot key doubt took
my profit I'm done for the day it's 1049 like I
said I'm trying to force myself to only trading that first 30 minutes some
people like well I only trade 30 minutes there's so many other opportunities
that's what I do that's my personal preference I trade better I feel like
when I try to just get the best trades there in the first 30 minutes have that
one or two stocks that I'm watching closely have a good plan and it works
for me that way so at the end of the day that's what it's sometimes I take some
trades you know throughout the day you know something looks really really good
but overall I try to focus on that first 30 minutes of the day market open that's
when it all happens that's the big big moves happen right there and market open
you can see color couple stocks move around today any Ellen Kate went up a
couple of stocks moving around but for me al DX was the stock of the day and I
really thought hailed yeah so we're gonna explode but it just didn't work
out I didn't the day I'm green it's all good
I'll live to fight another day tomorrow is another day I'll be here
make sure you tune in tomorrow morning 9:00 a.m. more day trading live on
YouTube it's all free coal people actually make it a bunch of money this
morning one of the viewers this morning actually went long on al DX
got the pop shorted the pop and then rolled it back down so the guy was
killing it made more money than I did on this damn trade but pretty awesome to
see that so make sure you tune in tomorrow morning 9:00 a.m. if you
haven't already also if you have it make sure you subscribe the channel help me
help you I'll talk to you guys later
you