Name: Day Trading ?LIVE? on CMEG! Stock $INO
Uploaded: 2020-03-09T22:50:40.000Z
Duration: 10 min 46 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Let's get to Archer's real quick before we get into the live trades and all the other good stuff, both of our positions.

Wasn't too much going on in the short area of the market today.

Ah, the trump impeachment just earnings coming up.

There's a lot of people just kind of sitting on their hands and there really wasn't too much going on.

So I'm actually gonna be adding real quick.

The chart from today, which was Aya know we'll take a quick look at it.

And as you can see it on our first trade, we were playing.

The intense moved down to the downside, and it sort of it started to find support there at the 4 82 area and it bounced back up.

We got into our full size, which was exactly part of the plan, looking to get that move back up through five, and we would have hit our take profit if it would have pretty much made that pop through five.

But we didn't actually end up getting it came back down.

We accepted the risk and took our position off as it broke through low of day.

It found support at 4 75 which, if we take a look at the daily, that's ah, actually stay full screen here and maybe we could get a zoom in on this.

But there was a gap fill right to that 4 70 area and we noticed this.

So when we started to get this breakdown towards that 4 70 area, it started the whole support for 75.

There was a tunnel order started stacking in the stock went on to SSR, which is short sale restriction for anybody that doesn't know and what that means is in order to short the the ticker at this given time when it's on SSR, you would actually have to put your shares on the ask and get filled on an uptick.

You can't just hammer the bid down like you would normally without it being on short sale restriction.

So it kind of starts the favor long positions.

So I noticed all of these factors coming in.

We had the support possibly forming at the height of the gap.

Phil here for 70 there was a bunch of orders sitting there, 4 75 kind of holding this up.

So when it started to move back up, we jumped in it for 80 and it immediately popped up there, too, for 88.

However, take Prophet was at 4 97 and we had to wait a little bit.

This kind of a writer, right out type trade were only risking six cents looking to make about 17 cents.

And it ended up getting up there to 4 97 which is where 17 cents was We were on the ask.

We didn't quite get filled as you'll see in the live trade, and we ended up taking into 4 94 If we would have accepted the full risk, which it would have came back down and started testing this 82 area again before finally coming up, we would have got filled if we would have followed through and accepted the full risk of letting the trade work out one way or the other.

So a little upset with myself with that because that was kind of the point of today was to really start to do that.

But I guess I got a little emotional there, knowing that we got all the way to our take profit and we didn't get filled.

So I decided to take it off, not wanting to risk it going, only back down, stopping out for a loss.

So not sure, completely whether to be upset with myself for not when that one but for right now, I m because I feel like I didn't follow my playing correctly.

So that was my two trades, and we'll get into the life trades here and as well as all the other goodies we're gonna start.

I know here got 4 95 and looked at down towards this 4 75 area.

If it wants to get their kind of fella get money, shoot tried to shoot back up through five there for a second.

Kind of where we're looking to get in any way.

I mean, obviously, down here would have been better or add in there for 77.

Do some quick math real quick while this is going or 77 plus 4 95 for 69 would be our stop.

It's not a very, very big stop if we were toe get hit there, which would mean it's not the best entry, but are.

So instead of looking to add here, see what I want to do right here and then we're most likely gonna just risk off 82.

All right, so we're gonna risk off 82 here.

So I got a Range Rover, and either it works or it doesn't.

We're just risking all flow a day, and 5 12 would give us our profit target.

So basically, just looking for this thing to pop through five.

And if it doesn't want to do that, then we might get swept out if you want to go today.

But obviously it consolidates here and goes lower day.

Then we'll wasn't the trade that we wanted.

And NBC and I wasn't really something that we're looking at this morning.

Naturally, no real shares tell you these low floaters you're not always gonna find shares looking like I dunno might come down and get us.

But again, we're just accepting or accepting the risk today, right?

I got into the trade will accept the risk I believe for.

It won't even actually be a full lot one.

But there's no reason to wait it out, and we actually might get a little slippage so it might be.

But if you want to go low a day from here, it's obviously not something we're interested in.

I'm under C for 94 4 77 so it would be hard because it might bounce right off of 4 77 4 70 is the high there?

It's most likely, unfortunately, now that I'm looking at, it might be a fake out.

If that's the case, just nothing else going on.

We're frustrated and we are starting to look like we're in a little bit of an ascending triangle here, so if we can work our way back up towards five, I actually feel fairly confident that we have to actually Ah, get up there first.

But we are making higher lows, so in a way, it looks fairly decent, even though we're in the red at the moment.

But again, it's gonna do what it wants to do.

So we put we put our money in where we felt that we had a high probability of it working, and so far it's not looking great, but I'll see what I want to do.

If it goes to this 4 85 area, the odds are we're gonna get stopped out there because I saw all their share sitting there.

So if that gets eaten through which it is, there it goes or at sitting in for 81 see our order there, though.

Says it got the for anyone, but we didn't get stopped on.

I'm interested with these range order sometimes, because if you have just a single order in, it usually shows you the order on the montage.

But in this case, I didn't see it sitting there.

Looks like we're gonna get stopped out here.

I know the odds are this thing might continue down towards 70.

Part of me wants to take another stab at this kind of watching what it does here.

Summer's gonna use that 4 75 as our ah, as our stop Also put it for 74.

This is kind of a writer, right out type situation.

Technically, we don't need The one are on this because such a small risk, we're not risking when our 4 97 is what we're looking for.

Just put the rain daughter in real quick.

So I like the risk reward on this one's pretty good.

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Day Trading ?LIVE? on CMEG! Stock $INO

decent

strategy

basically

attempt