welcome to the thousand dollar day trading challenge stay tuned for all the
live action here at X and et markets about to open seeing if we can get above
this pre market high or forget a little bit of dip here we'll see if we get a
dip here at open look for a little dip by X in et last couple days been making
similar moves so kind of looking for that same move this morning we'll see if
we can get it here there's a little bit of a dip there down there that 1075
support somebody in there at $10 again with this move back over at 10:15 here
you see we get a quick pop big bar are some up there $10 it's not having that
power to go higher they're getting stuck they're gonna get out of it for now you
can see got the 1006 here getting stuck and just not having the buyers come in
their volume not increasing staying above that $10 area so gonna get out for
a small loss 30 30 bucks 997 so you can see there's that drop there that was
what I was worried about I dropped all the way down there 970 so instead of
losing $30 I would have lost $300 it's very important to be looking at level to
seeing what's going on there you can see the top here this $10 area had to
support there had the buyers sitting there but a lot of selling pressure
there at the 1006 1005 area it did not want to explode there if this really
wanted to go higher if this really wanted to explode it would have just got
crazy there and started moving higher but it had trouble there so probably
been a good time to go short I don't want to over trade you I'm gonna wait
for a clear trend to form here X Aditi pulling back down there now to 971 get
back up to the $10 area final resistance again then look to go short there so
instead of losing that $300 or $400 right now now down there down there to
965 now I'm only down $38 so it was quick to cut my loss there but I wasn't
even thinking about getting out a little bit earlier thinking about getting out
there to 1002 1001 area and kind of break even but it's gonna get a little
bit more time there but you can see once this thing starts it off it's starting
to sell hard there I don't want to chase it it's getting really extended on the
downside of being oversold so think you know might be a little bit of bounce
back up back up with this 20 am a here 9 EMA we get that back up there find some
resistance and look to go short at that point so you can see X in ET cap that
985 area pulled back down there at 9:50 I was talking about it was getting
really extended there I'm gonna sell off over over least you know sold off there
sold off to hard and then pull it up there it's at 985
area found a resistance once again and pulled back did not go short I was
looking at another stock and I should have kept my eyes there on xn DT there
it goes up that 985 area pulling down there to 940 now nice little move here
on X and et finding that resistance there and then pull them back exit et
just getting murdered right here down there to $9 sort of stuck in my original
plan sort of kept my eye on this stock a lot closer look at it now down there to
9 dollars from that 980 here that would've been a beautiful entry short
they're looking for exiting T to roll off your back down that $9.00 here
getting short there at 9:25 looking for this roll off back $209 keep this
momentum lower here looking beautiful here making that move lower looking for
the break down there to $9 I'll take it because some $9.19 move lower nine 12 9
13 9 10 again for 9 10 to break here look it was a sell off through that 9:20
here yeah we can get it here 919 support sitting there
I think it's 919 breaks we're gonna get a nice sell off here and roll off really
hard
I'll cover there at 913 just take it put me nice and green on the day it might
bounce here so you're probably looking here at my chart and seeing way why does
he what happened here so I literally ended up doubling down getting another
500 shares short there at 911 I was trying to cover there I was going short
here at the 928 e end up going he I want to go cover there at 911 and ended up
getting another 500 shares I changed my hockey this morning and that was a bad
idea getting another 500 shares short so that lowered my average down and then I
was like okay he got back up there I said I'm gonna go short 500 more get
2,000 shares short look for this move down the $9 area and finally getting
covered there at 913 so not bad I'm happy with that I'll take it getting up
that 980 area which was my kind of the play in there I was looking at some
other stocks wasn't paying attention X and et got that
986 area quickly and then pulled on down there to $9 so that was the really good
entry there that was where I should have been sorting at the 980 area you know it
would have been a nice little short there cuz I got thousand two thousand
shares there at 980 and rode this down cover the first half there at 950 and
look for that move down there to $9 where I was shorting down here at the
930 area on this pot back up you know didn't have much room didn't have much
wiggle room there really my stop would have been here the 937 area 940 area
tops and was looking for that move down there to $9 you can see it actually
bounced so I thought I was done I thought I was done I closed off the
corner I started editing and all of a sudden PYD s popped up PYD s getting in
here at the 197 got this break of $2 got the pool back there 197 taken profit
there at 208 that's gonna put me a little bit greener on the day I'm up 110
dollars there on P yd s making 186 dollars there on X in E and X any T down
there to 880 talk about a sell off that was really what I should have been
holding for like I said I didn't get a very good entry so I wasn't as inclined
to hold you know once you get that bad entry that wasn't a good entry area
there at the 930 s you know it got back up there that 930 a couple times and I'm
like oh you know it's making higher lows higher lows but not getting above that
9:30 I probably could have held it a little bit longer but really this was
the entry that I should have gotten there the 980 so I'll take it it is what
it is x NE t big move this morning called it out there in the pre-market
live chat talking about this overall plan to short that pop there at open
executi giving me the opportunities but Meade
I just didn't capitalize on the play and I really should have focus on the plan
should he capitalize on that plan and did what I wanted to do PYD s up there
to 212 have some trouble that a $2.00 area we'll see you happens
you