Transcript
Use with ChatGPT / Claude Auto-scroll A
The speaker opens with a cautious read on the market, noting weak price action, support breaks, and the possibility of trimming profits. He contrasts normal intraday moves with more dangerous premarket or after-hours selling.
Speaker A
Hello everyone.
It.
Not much to look to look at today.
Maybe trimming some profits if we are getting some downside.
Yesterday was down 25 at a point.
It just slices through all these supports and then it just it just maybe 15 minutes within 15 minutes.
Fortunately it it doesn't happen in outside of the normal trading hours.If it's happening in the pre market or after hours that would be much more brutal.
And D doc like this type of price actions long green candles and then the a long red candles even close below the green candles low.
This definitely not the.
Not a bullish price actions.
It's just it's just not like normal.
He reviews individual names and broader indexes, pointing out relative strength in some stocks and bearish signals in others. The discussion centers on whether the market is setting up for more downside or a bounce.
Speaker A
This QLYS is doing really nice and also picking up some volume yesterday too.
Has the potential of the next wave of leaders.
To me a lot of a lot of the stops are just getting the the day one or even the day zero of of the downtrend of the reversal.
I'll expect more downside.
Yeah but it doesn't guarantee we get a we get the follow through today or maybe the next few days but.
It.
Sam.
B is now at the 20 mark.
Hopefully it can go higher a little bit.I don't know how high can it can go but.
Is it's been it's been quite quite a long time that we haven't got some type of panics coming in.I think this year we're only getting like by the dips and seems working really well so far.Could this be another viable dip?
I don't know but the longer the trend continues the lower the the odds that the dip is vi.
It.
I mean now it's the game of patience to see whether we got a quick flush or we are getting.
Some bounce.
Russell is gapping down under the nine EMA today.
I don't like.
Looks quite bearish.
Esther got an ugly pin bar candle yesterday.Now getting some selling pressure.
TXN is holding surprisingly well especially like after earnings.
A lot of other large semis are pretty that looking right now.
The focus shifts to oil breaking out and SpaceX showing disastrous weekly candles. He explains why he wants SpaceX as a primary short if the market bounces.
Speaker A
It's hard to believe the oil is getting a breakout and it's now approaching the high at the 105 level the high of previous swing high and also in the earlier part of the year.
But these three weekly candles on the SpaceX is disastrous.
If if we are getting a bounce.SpaceX is the number one my number one target on the short.
Sam.
Really nice.We are getting a really decent bounce after the opening fake out.
Will be better if the queues can go higher A little bit into this 50 EMA level.It.
Still waiting.
It.
I wish I got more buying power on this shot.I don't think I can shoot all of them.
A brief exchange about lending buying power leads into a broader explanation of why traders should not blindly copy his aggressiveness. He emphasizes having a plan before the session and avoiding late shorts.
Speaker A
Martin, I can lend you buying power to short if you want.
But if you, if you lend your buying power to me then then the market is going to rip into the all time high.
That's a curse.
But isn't those names you focus on quite weak already?Still want to short today?What do you think the reason that I would like to short today.
What are the reasons should we still be so aggressive on the short side?
Again like I can't stress this enough.Like you shouldn't, you shouldn't.
Like just trying to just follow my style or my approach and you don't need to and I think it's not a true good idea too.It's just not not a good idea.If you think you shouldn't be aggressive then you shouldn't be aggressive.If you think you should be then, then you should be.It's not about me.
You should have your plan before you arrive at your screen and then open your broken and and ready to press the buttons.
Yeah.If you're asking if it's too late to short, it's too late to short.Yeah, that's it.
He compares shorting stocks directly with using leveraged inverse ETFs, explaining when each makes more sense. He also revisits a prior SpaceX short setup as a reference point.
Speaker A
Sa.
It.
Do you prefer using the leveraged ETFs for short or just shorting the stock itself?I think mathematically using the leveraged ETF is better because of the compounding effect.
But it all I mean using leverage EDFs could.It also depends on the liquidity of the ETF and like whether the etfs is really low priced.
I use both.I don't.I think I'm just going like I'm just going with the fight like if I like shorting the stock then go short.If I like the leverage EDF's more I go for the leverage ETF.
If you ever want run a font it's going to be called Vibes.Not a bad name.
Probably.Probably not.
I mean not going to run a fund.
I still remember back in July I shorted SpaceX on right here on this candle but I got stopped out the next day and that's the day that they found resistance at the nine year May and then continues the trend down.
Now it is looking similar it.
The speaker explains why UVXY is useful for quick selloffs but dangerous in choppy conditions. He walks through how market context, gaps, and pullbacks affect whether UVXY or an inverse ETF is the better choice.
Speaker A
Do you have any other reason for deciding to enter UVXY other than the pullback?
So why uvxy?
To me if the market is really going for a a quick sell off UVXY is a better candidate than the inverse index ETF like SQQ or the SP excess or Russell will be the.
I forgot what's the russell triple short etf.
Pca.Yep.
But it's only for the quick sell off.Like it's a really trending market to the downside if we are getting some chops in the during.Within.Within the downtrend we we're getting some type of how like a strong bounce or a slightly longer consolidation then probably the inverse ETF will be better.
To me.
The reason I choose UVC is like how SPY is holding up is still at the highs while the queues in Russell is showing weakness already.To me I.To me I just think the market it still gets like a pretty huge room for the downside.
So what I'm expecting like is like yeah it's a.It's really good.Really really quick flush to the downside that that's the best case scenario.But it's.I mean it's like a.
It's like a gamble like it.It's just about like how do you think the market is going to.To play out on this downtrend.
Primarily based on the like the SPY is still holding up quite well and.
And.And also the cues is we get a pretty solid bounce into the declining 9 and 50 and we're getting a gap down yesterday generally like if you something like this we're getting like something.I think this candle is something similar with what we're getting yesterday and we are getting some type of follow through to the downside.
Also something like here bounce gap down.And if you look at UVXY I think they perform.It performs the best when we are getting this type of rallies.
And also the UVX wise like pulling back into the 9 and 21 will be the best scenario and then we got the gap up also like this gap pulls back gap up and we're also getting a similar thing pulls back in that gap up.Although it's.It's not a really huge gap up but actually technically.Technically it looks really great on the pullback pullbacks into the rising 9 and 21 perfect pullback by in my opinion but it's also comparing with the market context and also like some type of chart patterns.
Yeah and UVSY is really tricky.I like a stumbled.
Is it like stumbled?
Yeah, I stumbled quite a lot creating this thing like when like if you.If we.If we are getting something like this like a.Let's say like this type of a pullback and then they rejection and then it goes down.But if we are not getting a quick follow through to the downside then UVXY is just going to chop you up.
So I don't recommend trading this unless you clearly knows what you're doing or maybe you have to pay some some losses.Lucky me.Like I think I stopped I took so many losses on longing this uvxy.
He reveals recent short trades, including a five-minute breakdown and names tied to crypto weakness. He stresses that intraday entries are nuanced and that traders should study charts themselves rather than assume one pattern always works.
Speaker A
So I've already shorted something in the previous minutes in the past 10 or 15 minutes.
Take a guess what what have I shorted?
I think the most of you are right.
One is the answer and five minute candle breakdown like it's just simple as that.
It.
Yeah.MSTR is also another one that I would like to short but yeah I think there will be two too heavily shorted.
Again anchor vwap that I anchored it like on the on this swing high and then overshoot and then collapse.But the reason why I'm looking at the at COIN and MSTR is definitely on like the crypt the cryptos, Bitcoin, Ethereum and all the other cryptos they're all rallying into the declining EMAs.Like all all of.
You shot it at 148.8.I think that's a really nice entry.I like it.And it's also slightly overshooting this unfilled gap yesterday.Like everything lines up and anchor feed we have the gap and also like the declining 21 maybe even the anchor fee web from this gap down day not slightly lower.
And also like the definitely the cryptos themselves maybe also the market as well.
But again I'm not saying like if you're doing this your your trade must be working or it's gonna it's guaranteed a win.It's not like that.You have to prepare it for the for the losses first.
And also like if you're thinking you like shorting every five minute candle breakdown is going to work or it is the best approach then probably you are wrong and.
There are a lot of like variations and the details that that really matters.But I but if you like getting intrigued by that or like you're feeling interested in finding the intraday entries that is the best the best way is going to is going through the charts by yourself looking at every intraday charts.Like if you look at a good entry on the daily then zoom in and trying to find it on the or intraday to define it on the intraday to maybe that the best entry is not the 5 minute or like the 15 minute breakdown.There are maybe possible other types of entry as well.
The discussion moves to earnings follow-through, bear flags, and weak thematic groups like cyber names and energy. He explains that his stock selection has shifted toward more liquid names as his account and experience have grown.
Speaker A
Oh be got earnings yesterday.
Today is falling through lower.That's it.
A lot of the stock is building a bear flag.
What are your thought process Regarding Cyber Okta crowd and Blue brick they are all holding up as a theme due to long and strong theme in a weak market Honestly I don't know I. I never study like longing a strong theme in a weak market.
Only the only example that I remember was the energy the energy names back in 2022.
Personally I don't like that but it definitely doesn't mean that they can't work it's just not my type.
And as long as they are like doing great I don't I think it if they are not hitting your stop then it's fine.
It.
Don't you like all names like COP and pbr.
Yeah I just put.I just don't like trading the the energy stuffs that that much and yeah and most of them are a little bit too illiquid and I think these twos are fine they are pretty liquid liquid.
No I think it's just just.I just don't don't like trading them but seems like they're doing pretty well it's up like 50 in just two.
I think Dell has a possibility to become another.
What's the stock.
Up start.
Maybe not se maybe se is the better one.
Like it's just trending higher but in a pretty slow and choppy order and after the breakdown is going straight down.
Not sure let's see let's see how I think the 9ema is pretty important for for Dell or maybe even the daily.
Cryptos is getting a strong bounce.
Space it is railing higher.
We may not get the fade today if we are not if we're not getting the fate today Monday will be a pretty good chance on the on the short side I think preferably a gap up gap up into this unfilled gap area together with the declining nine year May.
But the main point is whether we are getting a fake today or not.
Or maybe we are getting a lockout rally from the low low of day to.
In the first interview from TraderLion we saw you trade much much more high ADR names before what makes you change the stock selection pre probably the liquidity like I I prefer trading liquid stocks.
As my account grows and I and also by experience I just think trading liquid stocks tends.
To produce better trades than trading the liquid ones and most most of the like the really super high ADR stocks are the are the lower caps and a little bit liquid and and we are not getting that much really high ADR stock.
Let's do trade Axti like it's a like a pretty high ADR stock At the moment I think one of the highest and it's got a pretty decent, it's pretty liquid.So I think the main factor is the liquidity.
He answers a question about breadth by describing how he uses his watch list as a practical breadth gauge. Rather than relying heavily on equal-weight ETFs, he tracks how his leading names are behaving over time.
Speaker A
Q is routing into the hourly nine.
Sam is into the hourly nine.
Sa.
Seems like we are not getting the fate.
Breathing it.
Sa.
Can you please exact explain exactly how you use breadth?Do you focus on broader indexes like RSP or net new highs or do you focus more on the breadth of the leading stocks you are tracking?
Mainly I I'm just using the number of stocks in my, in the in my free watch list.
Like they're the one that generally fast movers with a high ADR that I that I I love to trade and it's also is probably also the leader like they probably be the leaders like at least maybe maybe like in the past in the past months or quarters like because they have to be the leaders so that I can include them like an ad I can find them in my screens and then I can add them in my watch list but eventually like after they turn weak then I degraded them like gradually from the leading and then to the mediocre and then lagging.
So actually like all the stocks in my watch list are the leaders but it's, but it depends on like what which period that that we are referring to.
I I yeah for the other stuffs like RSP I don't know like equal weight ETF is not my favorite.
I sometimes still look at them but but it's not the main.
Yeah it's not the main thing that I'm that I'll based my decision making on.
The speaker discusses a dollar-volume indicator and reflects on old indicator experiments from his learning phase. He shows why a signal that looks good at first glance still needs to be verified against actual outcomes.
Speaker A
Sa.
Patience patience Patience.
Dollar volume indicator I'm using this one Total dollar volume by ref.
Shout out to raffle trace I I this is a pretty really nice script and I've been using this for for like I think three to four years already.
Okay.And as you can see like this like Chandel chandelier exit like and this what is that Full man shoe cipher Beep like this I think these are the indicators that I that I trying to trying to explore trying to learn when I'm still in my learning phase.
I'll I'm just going to like go watch some random YouTube videos talking about the secret indicators with 90min rate and or maybe like this this indicators earned me like 10,000 bucks something like that.
Clickbait videos.
Where's the chandelier assist?
Oh looks like it's working pretty well, isn't it?
Not bad actually look doing pretty well on this uptrend Since May of 2025.
Magic indic and this 2022 as well.Whoa.
Maybe you found.
You know what like if you really look at it seriously I think the cell sign.
Like it's given after the close of this weekly candle.
Like because when, when the candle is still like you're still in the middle of the week you never know how it's going to close.So if you just based on the close of the candle to to buy or sell then probably I think it's same as buy and hold and then you wait wait wait until this gap up and then you buy like your buying price is actually higher than your selling price higher than your exits like higher than the the price of your last exits.
Like you're losing money for this.
This is the one that really I think that's working working pretty well.
This is the exit price and this is the entry and you got you escape like 13 drawdown.
And this one is flat.
This one you lose money again you lose the like 8%.
This one you lose money again you lose like 12%.
C. And if you zoom in on the daily I think that's worse.Much worse.You got the signal change like quite often like but.But I mean this is only based on like purely based on this particular signal.So like if you pair it with some other indicators maybe it's going to work better.But but you can see what I'm now what I mean like it at the first glance it looks great but you have to just verify.
He notes that most of his trades happen early in the session, with only occasional midday entries. The conversation briefly detours into cruise and travel talk before returning to trading habits.
Speaker A
Oh looks like the market is getting pretty strong.
Together tech entries later later on in the trading day.Yeah occasionally my SNDQ entry was was taken midday.
But definitely they are like the smaller proportion.
Most of my trades are still made within the first hour or maybe like the first two hours.
Got solutions for over trading cruises.No connection for most of the time or inclusive bars parties on board.
Recently watch a video.
Like there's a.
There's a boat trip in Greenland.
It's like a. I think I don't know it's like a wooden sailboat like the old, the old ones maybe made in I don't know early early 19th century.Oh no no.2020, 20th century.1920 something.40 something and it's like an okay like a eight day trip and selling along the coast in, in Greenland.
No Internet length tv.Yeah that's it's a really great channel.I love, I love his videos or just buy yachts like Christian.
He discusses how good periods can lead to overconfidence, overtrading, and drawdowns. His proposed solution is to withdraw money when equity peaks to create a habit that limits reckless behavior.
Speaker A
Yep.
He's the center mount in Sweet.It's one of my favorites.Very inspiring.Yeah I I love it too.
I've been the one in Faroe Islands and the one in, what's that island called?
Scotra.Like the, the island in the Middle east next to Yemen.
Socotra.I think that's, that's it.Yeah.
And talking about like buying, buying the yachts this afternoon like during the lunch we, we talked about how to handle like the, the over trading or especially after good periods like when your equity curve is at, at the new highs.That's probably the, the moment that you're gonna be relaxed.You're gonna get relaxed and make dumb trace the poor trades and then gradually leads to over trading and then, and they, and they draw down maybe like a 5 to 10% draw down or maybe even higher.And we, and we come up with a solution that is withdraw the money immediately and then spend it like let's say you, you got a five, you got a 5% draw down every time.When you, when your equity curve reach a reach the peak, then you just withdraw the 5% out and then just, just spend it somewhere somewhere else.
And I think it's a really smart solution especially for me.I, I always offer trade when I'm after a good period and then I give them back like maybe like 5 to 10% every time.
I think this time I'm going to wire some out like and then like manually create the drawdown but it's not the real drawdown.Like it's like like a, it's a fake.
Yeah.I mean in the, in the earlier earlier days I, I also like, but no, I think I still like withdraw some money out I think like in 2024 like quite often like to support the daily expenses.And also I, I also have a like a trip to Europe like the graduation trip to Europe in 2020, early 2025.I also withdraw some money out for it and, but it's not about the money.It's about the habit.I, I how the, the numbers is.It doesn't matter.But like if you can prevent yourself from, from over trade or getting into a big drawdown by just wiring the money.I was like this just is a really good approach.It's a really good.
Habits that you can build.
The speaker addresses how to decide whether to reenter after being stopped out, using SNDK as an example. He explains that each attempt should be judged independently and that daily levels help prevent excessive reentries.
Speaker A
Yeah, I love, I also love the, the interaction between links and, and Xiaopang Xie.I think they're, they're in a really good relationship and like the videos are like always inspiring and I like an eye.
When you got stopped out.How do you decide if you need to find another entry or take the loss and know you're wrong.SNDK was a good example.How do you Differ reference trading vs good second or even third attempt?
It's a hard question.That's a good question.
Honestly, I don't really have a good answer for that.
If you look, if you like, let's use the SNDK as an, as an example.Like I, I think this is the fourth attempt, the fourth short attempt for the.
So the main reason why I shorted like on the.At this candle is mainly based on the cues which is at this, this candle 1231 and the Q is bouncing into the 59 EMA as well as, as well as the unfilled gap level.
But this is a little bit different because I think my first, my first two entries are not really that good.Like.
Looking back, it's not really, it's not really the ideal one.So.
And I also don't have the, the rule like, of like a max.A limit for the number of RE entries.Like like let's say like three or like five.
Maybe maybe an easier way is to just, just treat every single trace like independently.Like just forget about all the trace that or the, all the losses that you, that you take and just focus on the ones that you're looking at right now and, and to enter.
And to ask like whether this is like a valid one.Like you're shorting at a, at a resistance level at least.Like if you, if it's a pullback, are you shorting at the resistance level or the stock is already like breaking out.So like if, if, if the QT is continuing going higher, like I don't know.
I don't know.I think I was still trying to, trying to short it.Like if, if the QS is going higher, maybe reaching the, the 21 daily and then SNDK is going for the, the 50 on the hourly.I think I would still try to short it, but I don't know like it is sometimes it depends.And also if it's the really late date, then probably I'm not going to do it because the, the gap risk may be a little bit too high.
And generally you, you won't get that, that, that many reentry RE entries at a single day.
If, if, if the market was right.
Like really rally like in a really choppy market, then you will get a lot of like a failed like maybe like a 15 minute or 5 minute breakdown but but then stopped you stopped you out and then gives you another breakdown and it stops you out like like a few times in a row within the same day.I think 80% of the time it won't happen.
And definitely also like like the experience is also pretty important to like.
But but if you really want to like prevent over trading by taking too many re entry.I think the best way is just focus on the like the daily the.The daily levels like zooming out a little bit only looking at the dailies.Maybe like sometimes the hourly like this type of gap level.But like mainly like if you only trade the daily levels you won't get that much like we entries in a single day.I think the SNDK this one may be like a negative example like that I getting a little bit getting too aggressive in the early morning.Then I got stopped out twice and then I took two more attempts to nail the shots.I think this is a pretty good illustration and lesson.
He shifts into a broader philosophy of self-improvement, arguing that traders should focus on weaknesses rather than only strengths. Journaling and honest review are presented as key tools for identifying recurring mistakes.
Speaker A
It.
Yeah I think clemency files are really really.
To add like to add on top of of Clemens.Maybe like knowing your own strength and weaknesses are also pretty important.Knowing what you're doing good and what you are.
What you're doing bad for.Like the areas of improvements that that.
You can put more efforts.
Like that.There are too many too many things to explore in the in the market in the trading field.But to me like if you really would like to bring your tradings to another level.
Like you have to work on your your wrong your own mistakes first rather than like.
Like absorbing the new knowledge or like or exploring something like let's say exploring like AI execution or stock selection.Like this type of I would say cool and cool fancy stuff.
Like at the beginning you can you can be a little bit like external searcher.Like you can seek for the seek for informations or for knowledge a little bit more to explore like different parts different different areas of of trading.But when you're.When you like when you start getting better and better at the knowledge get.
At the at the know how like you have you're gonna.You.You.I think the better way is to gradually shift the focus into a little into the internal improvements and from the outside to inside and focus more on on your wrong on your on your trading.
I think some like some traders are really hard working.Like they're they work really hard but maybe they're not working working like smart.I mean smart is not working effectively to like to improve their like weaknesses so that they can improve this like C games B games like everyone like probably like A games are the easiest but the C games or B games are the ones that that really drag drag down your results and improving those is like it's better than like to make your A games to A plus like better like I think really so journaling that really help.
In response to a question about focusing on strengths, he explains why he prioritizes weaknesses more. He suggests the market itself is the best teacher when evaluating breakout behavior.
Speaker A
What do you think about traders having to work on their strengths more more than their weaknesses like finding strings and really abusing them.Got this idea from Brett.
Personally I I don't agree I I I I prefer work on the weaknesses more than the strengths.
Like to take me as an example if I if I only work on the strength like keep getting like being so good on on the on the entries and also on the maybe the aggressiveness but just just.
Maybe like getting a little bit relaxed on the on the overtrading revenge trading limiting risk per trade like those type of weaknesses I think I will still be like a boom and buster.
To me the best approach to is is to definitely like to keep improving in both ends but put a little bit more efforts into the weaknesses strengths.Most most people are like getting good at them and then like I think like working on the strengths are comparatively effortless than working on the weaknesses.That's why I think it's better to work a little bit harder on the weaknesses and it doesn't mean that you don't need to work on this on your strength but just I think I would prioritize the weaknesses a little bit more.
Do you think the RS new high before breakout is a good heads up before it happened?I think you could I don't know just just study like 100 breakouts recently and then trying to see whether like getting hours new high is really good or not.I think the market is is the is the best teacher.
He says he does not know his overnight win rate and dislikes trading the close. The discussion then turns to how he studies big trends first and later expands into choppier conditions or mean-reversion setups.
Speaker A
Do you have any ideas what your win rate is approximately for any stocks held overnight?No, I don't.Do you think someone waiting to be more hands off could just trade the close?I I don't like trading the clothes.
Like preferably I think the first hour or first hour and a half is the best window of trading and then just set your stop and and forget about it.
And maybe set some like limit orders for for booking.
For studying.Do you go through day by day and try to see where if it's a good entry or just look for overall good buy points.
I focus on the big trends like particularly big trends at least maybe like yeah focus on the big trend first like this this type of huge trend and start finding some type of like potential entries that you can define your risk clearly.
So both uptrends and downtrends like like this type of trend like where can you enter with a With a clear and tight risk.
At the beginning you can like just just focus on the on a clear on a clear trend first.And then gradually you can look at like also looking at some of the other maybe the choppy market too.Like you can also get a feel of like how the choppy market could behave and what does it look like?Are there any signs telling you this is a choppy market?
And like within the choppy markets are there any like potential entries that that you that you also see in a trending market that could like fake you out or like you can also get a little bit of like like those market sense.But I think at the beginning you can just focus on the on.On the clear trend versus I'm like a trend follower.I'm swing trader.
But on the other hand if you like if you love trading let's say I don't know maybe mean reversions then just focus on the like maybe the end of the trend where where the the stocks the moves starting getting getting extended and and let's say just focus on like this type of.This type of areas.But but not but not here.
He observes that the market remains strong with little weakness. Then he explains how he reviews trades in his journal, what he writes down, and how AI can help with reflection if used as a guide rather than a shortcut.
Speaker A
So far pretty strong actions across the market.
No weakness.
Although like some stocks are still at the resistance level.
May I ask about your review on journal you mentioned direct is rather simple.
How would you refill them normally in the first two year and a half.
I I would like give comments on both my entry and exits on every single trades.
Some.If like if if it's a really good trade good trade then maybe like I would write something down like whether the exit is good like like selling into the the extension maybe like a the second gap up with a increase in volume.Something like that.Or maybe a good entry like buying after the inside day.Maybe the weekly higher lows like something like that.
But then like like definitely for the bad TRA too.Like you just just also write them what write down what what I've done wrong.Like maybe like using.
Using wrong size.Like like getting oversized in the one in in certain position and then you got a make a loss and maybe I'm like chasing the stock.So I will also like write them down.Like there was a column for like the entry remarks and also one for the exit remarks.And also I I also do like a weekend or maybe even daily like a market plan.I would like to write a few paragraphs for the for the trade ideas in the coming days.Maybe also describing my trace in the previous day.But then gradually I just I just give up.It's just Too time consuming and I'm too lazy because I like back back in the days I still have to like study and like to find to find jobs, apply for internships and many other stuffs.
So the graduate thing is too time consuming and.
I just lost the habits.But I still like like when I am like recording my like typing my my trace down like to.To lock my trace in the Excel but I will still take a look especially for the ones like if it's a huge winner then I will like go back and to the chart and look at my entries and my exits or or even comparing it comparing it with the market, with the peers, with the sectors, with the index.
And also particularly if I'm.If I'm getting like a huge huge drawdown or like a prolonged drawdown then I would like also write a few paragraphs and like to describe my feeling.
What have I done wrong?How could I prevent from doing this again?
So suggest some ways.Yeah and back in the days there are no AI so I just have to think about all of the stuff by myself.But now maybe you can use AI to help to guide you to help you.
To do this like boring stuff.
But but to me I believe the better way to use you to use AI is to.I don't recommend just directly ask AI for the with the summary the summary or the ways of improvement and I think it's better to.
To ask for directions like or ask for tips ask for guidance instead of directly giving you the answer.I think you have to build your own mind process like thinking process first instead of relying on the AI.
And maybe trying to let the AI to ask you questions instead of you asking the AI questions.
A short humorous exchange about a blue label leads into a question about whether his strategy scales to larger accounts. He discusses possible adjustments like smaller initial size, more diversification, and the challenge of avoiding drawdowns.
Speaker A
How come Clement has blue label.
Because he's a democrat.
It.
Will my patience pays off today seems like it's still battling with the hourly non ema.
This has been pretty slow today after the open not much volatility coming in.
I was wondering if your strategy could also translate to 1 million, 1 million division or if it's mostly to smaller accounts.What do you think?What do you think are the limitations, The disadvantage.
Have you tried Deep View at all?Yes, I have tried using Deep View.I think that it is pretty smooth.Like the experience is pretty fast especially when you switch from charts to to charts.
But they don't have like the futures like the gold, the oil maybe the other other markets futures and.
And they don't have like a desktop version.
Yeah but I think if when my account really grows bigger and bigger I like maybe I would.
Explore Some some type of like new like new entry.
And entry types.Like maybe I'm I only like buying half of my position first like to split my my entry into half so I can use a really small risk.Maybe only like yeah 0.1% of my risk per trade but I'm only buying like a half size each time.
And maybe also like.
Be a little bit more diversified rather like to increase like increase the number of decisions the number of trades.
First John can run it to up to 100 mil no problem.
I wish I can I can do it I can make it.
Without the the 50 drawdown.
Like drawdown suck.
He reacts to oil accelerating higher and reflects on how news can distract from price action. Later he explains why a stock like Fakes is not attractive because it sits in no-man's-land with no clear resistance.
Speaker A
It.
What are you waiting should you're gonna find out soon.
It would be poetic if the market rolls over now into close it will be my wet dream.
Probably it's not possible every time I'm going to change it.
Is accelerating.
Is so strong.I like I, I really don't understand why why it keeps going up but I I but I'm long but I I'm long in this thing.
And sometimes you like I think you know, you know more is you you trade worse.I really have no idea what's what's happening in in Iran or like the geopolitical st.
But to me I think this is a really good example.Like you don't really need to look at the news or you should you should you shouldn't look at the news.
It's just trailing the nine ema smoothly as of now.
Question always says like sometimes you get to be a little bit to use a little bit more imagination when you're sitting in a trade.
How high could this oil go?Like.
It will be crazy if it's going to like 150 like it is it will be.
I just can't, I just can't imagine the world with 11150 bucks oil price.
Yeah.Nicholas Darfur's traded better when he was away from the New York I really love that book and I think it is it's just so insightful.
It's a really really fascinating story and a lot of great lessons.
If you would give the green lights to short fake at these level.
Fake.
Now it looks like it's in the no man's land.I don't see any resistance here although the market looks a little bit bearish here.But there are better better candidates to short.
Fake is like at a no man's land.
The speaker talks about how his watch list organization has become a major edge. He then names several traders and channels that influenced his style, especially around pullbacks, volatility, and mindset.
Speaker A
I think a lot of people focus on your entry techniques but I think your watch list organization is a huge edge.I I've adopted it recently and it has really changed my trading.Really good to hear that.
As Chris Jones always says just take one or two things from from a trader and then just another one or two from from the.
That works for you.
To me maybe like Dolphus is the one that really teaches me to not look in at the market or like always looking at the market and focus on the news.Focus focus on the on the noise from other traders or other like different sources of.
Yeah different sources from different sources and maybe Mark like Mini was the one like maybe teaches later volatility contraction and also like the drawdown management also the low cheat I think low cheat is also pretty good and Brian Shannon definitely the end to feed web only price pace.Yeah Christian is I I learned so much from him and yeah.
I I think looking back one of the traders that inspired me from trading pullback is is Vincent Desiano.I'm I'm not sure whether I'm pronouncing the name right or not.He's an option trader.He's also live streaming on YouTube but yeah he mainly trades options and he always he loves the break and retest he loves it so much.Like there's was like I think maybe two years ago like I think I I know about him like a very long time ago but it's just when I'm when I was trying to explore different parts of the trading world and then I think like three years ago and then I started to look to watch his dreams a little bit more seriously and he'll because back then I don't.I I really don't know how to trade fullbacks and he's the one like really explained it quite like pretty.
I think he's like his name is Vincent Desiano.
Yep.
If you if you go and like watch watch his videos or like watch his live streams I I think every you would you would you will hear him saying like brick and retest every 60 seconds.
And then I continuing like trying to emerge the pullbacks into maybe the emas the unfilled gap anchor VWAP etc.
And if you know Mandarin there's a channel called Lester Lu Lu Xiaonan like he's a Mandarin channel.He's also he talks about trading too.I think he's also a really good.
Trader explaining his like explaining especially the mindset and like the the execution parts of trading Pretty.
Yeah lester loo.
Maybe it's a little bit boring but if you really I mean if you really knows trading I think it's very valuable.
He briefly discusses crypto breaking out and then answers whether he has traded crypto before. He says his early attempts went poorly, but frames that as a reflection of his skill at the time rather than the asset class itself.
Speaker A
Cryptos looks like breaking out.
Or is it, or is it just a bounce?
No, no, I'm fine.I. I don't want to be appear on.On your.On your AI videos with.With.
With Ariel and then.And I don't know.I don't.I haven't clicked onto the videos.Like it's, it looks so disgusting.
It.
Have you ever traded crypto?Yes, I. I think around like in the first.Maybe in the second year, second year of my trading I tried, I tried trading a little bit of crypto but it's not ending well.
I think mainly it's because I, I don't.My trading also like sucks too.It's not about crypto.It's not.It's.It's about.It's about my trading skills.
He watches for a possible close above the nine EMA and considers covering shorts into the weekend. The conversation turns playful with jokes about subscriptions, delays, and marketing while the market remains slow.
Speaker A
Okay, if.If this candle is like going to close above the.The nine ema then I think that's it for today.I don't see much happening here and if it keeps going higher, maybe I will consider to cover some shorts into the weekend.
Mstr is breaking out.
ASST Is probably the strongest crypto name right now.
Oh, is it the crypto name?
Yeah, probably.
It.
Looks like a long stream tonight.
Looks like the sellers is stepping in.
Finally.
Sometimes I try to imagine if I'm to like the gurus who are selling the subscriptions like patrons.
I'll probably set in like in like a subscription fee on my streams and then it's like it's like Donald Trump setting like the, the subscription for it for his early tweets on, on his social platforms.
So, so like like a 5 minute delay stream or maybe like let's say 1 minute delay stream is like worth 100 bucks and then like it 30 minutes, 30 seconds delay stream will be like, will be like a thousand bucks and then no delay stream will like 10,000 bucks a month.
No wonder like there are so many, so many scammers in online.Like.
You don't really have to trade to make money.
Sometime.This type of slow days.
Like it's, it's.It's the reader norm.It's the norm of the.Of a normal trading day.
I believe a lot of traders come come to trade just trying to.
To get the adrenal trend rush like to.
To really to feel to.To experience the volatility the market volatility.Like the higher the better.Like.Like this type of wide candles is.
Should be.Should be the best.You got the swings low to the downside and then to the upside.
Or maybe this, this type of like a wide.I just Go straight down for the whole day.
I really like trading most of the time it's just playing paint dry is boring.
Any early bird discount maybe I'll I'll set up like an invitation discount like if you invite two friends to join then you got a 20% discount.
I should be.
I should be starting a like a market marketing.
He says he is not especially cautious holding crypto-related stocks over the weekend, though he avoids oversized positions. The discussion then shifts to the boredom of slow days and why many traders crave volatility.
Speaker A
Do you exercise more cautions holding crypto related stocks over the weekend?Not really.
But definitely they are like this fast movers so.
So definitely not going to do like huge size on on on this this type.
It.
It's getting a little bit weak.
Alien attack stream.You know what I actually plan to to do that trick again this time but you guys somehow mention it out somehow it's like my pocket picks.
Sa.
Are you worried about net earnings?Yeah I really I still remember that quite clearly.
You gave the audience trauma.Maybe he will never ask you questions again.
Honestly I also have this type of question when I'm when I first started trading.
So I'm not like I'm not teasing him or like blaming him but I'm just trying to make it funny funny and just trying to let him know it's not really a big deal and you shouldn't worry about the future and you have to accept the randomness the unpredictability in the future and that's a huge part in trading.
I'd love to see you looking happier recently.I think you wasn't as happy back in early September was worried about you.You seldom stream in the past two weeks.
Most likely is it's just.It's just being lazy.It's not about being happy or not it's just I'm just lacking.
And actually when I'm when I'm like when I keep streaming especially during the like the mid August choppy periods.Is it mid August?
No actually yeah the late August to early September maybe even back here maybe even back here when I I think I stream quite a lot during the choppy period they those are the periods that I traded the word.
Sa.
He mentions the key EMAs he watches and points viewers to his Twitter and interviews for more information. The segment includes a promotional mention of his membership and training programs.
Speaker A
Emas are 9, 21 and 50 and also the great one is 150 EMA.
We can go to the my my Twitter to.
To take a look on the on my TTRH post and also the in the trader line interviews that you can get more information on about my trading.
Sa.
Night and I actually entered another short but it's like.
An hour ago.
It.
And the reason why I don't like sharing like sharing my trace real time is I know like there are plenty of you guys are Trying to like copy my trades.
And I really think that's a really bad, bad habit.
I remember there is a comment I think last month on the stream like there's a guy in the, in the chat box.Like he's, he said like isn't, isn't, isn't all of you come here to, to copy Marty straight.I think he wrote something like.
So I will be a little bit tricky starting starting from now maybe I will, I will like set up the fake positions.
And I also saw some people on Access talking about using AI to follow my stream and then execute to copy my trade by AI.That's like the funniest thing that I've ever that I've saw in a while.
What made you get short today?We don't feel that the market stretched a bit especially with semiconductors.
Yeah I, I, I kind of agree like it use the desktack spice a little bit stretched to the.
Yeah but I kind of like the Russell bouncing into the declining nine and also that the oil is starting to accelerate.
Definitely if we are seeing a gap up on Monday or like any day next week like the semis bouncing into this gap and then the declining nine ema.That's yeah that's, that will be really good entry on the short side.
Maybe I'm just.Yeah maybe I'm also like getting a little bit too zoomed in onto the hourly chart.
Wait a second.
Just a second.
We have a special guest incoming.
Looks like burning the midnight oil is.
A really good time.
If you guys are willing to get some like like guidance or, or like a market updates weekly weekly videos.
Feel free to take a look and go to the J.What's the, what's this platform?
Jlostock.com John, take a look at the MIT membership or.
With another master myt and ttt train the trader program.Yeah jlo academ.
He explains a SpaceX short using a leveraged ETF, anchored VWAP, and hourly EMA confluence. The mood turns reflective as he reacts to having a special guest in the chat and how surreal the journey has been.
Speaker A
No no promotion code.
Yeah so actually the one that I'm entering is SpaceX short I use the leverage ETF.
So mainly based on this hourly 9 EMA.
Also the ankle vwap from the previous gap down day like here.
And it's, it's also aligning with like the spy Russell.The NASDAQ pulls back into the hourly nine EMA and I I got stopped out once I think on this candle.I also shorted on this candle and then stops me out and then reenter it on this five minute candle breakdown.
Did you imagine that one day JLo will come visit your streams a few years ago?Definitely feels like a dream.I. I never Imagined that I would be like a. I was trading full time like just one year after graduation from.From uni.
Like let alone I'm streaming on YouTube.
And having.Having JLO on my chat right now.
He notes rejection in crypto alongside the broader market and evaluates IGV's undercutting rally. He also answers a question about an anchor VWAP entry on SpaceX and whether it matters where the anchor is placed.
Speaker A
Looks like we're getting some rejection of the cryptos together with the market.
It.
IGV is getting an undercutting rally.
Oh it is really impressive.Really.
Doesn't the weekly bar on IGV last week bother you?
Not really that to me I think it's.It's fine.At least on the daily I think is it's fine.They're definitely not the best.Like preferably goes a little bit side.
A little bit more sideways will be better.
But it's also like right now it's above this anchor vwap.Like this is the breakout and retest.So to me it's.I think it's fine.Like we got some consolidation above the the an web and above the EMAs and.
Mainly because of like the market.The.The market weakness right now and also the.The poor bre.
You put Anchor view up to SpaceX first date.That's your entry right there.
First day.
Birthday.Oh this one.Okay.I don't think it really matters but yeah, good good point.
The speaker comments on names that are too extended and too slow, then discusses whether to cover into weakness or hold for a weaker close. He also answers a question about managing exits on MRNA after a sharp move.
Speaker A
One thing that I don't quite like is how extended SK Hynix has.Has got really far away from the weekly em.
It's just so slow.I. I don't like it.
Probably okay I will cover some if we're not seeing a really weak close today.
But there are.There are also some names that are like at the resistance right now.Intraday resistance.
So this dream will end with the market.
You'll find it out.
You sure you don't want each photo?No.I mean sure.
No need.There's a.There's a no for me.
Why so obsessed with the.With the beach photo?
It.
Look how common the market is still like moving so slow.
Like either just.Just go just rip and stop me out or either just.
Just get the.
It.
Any fuel on MRNA usually big crash like this just exit or c. Can it back in short term.
That's a good question.Like.Like if I'm like if my entry is somewhere down here and I'm not I'm still in the train not getting stopped out.
Probably I will maybe set the set like race my stop maybe into the red this huge red candle low or maybe even like a little bit below the 50 EMA on the daily and maybe this candle low so we give a little bit of room for the price to undercut.
But but if you want to take it out, like if you want to to exit it, I think right now is a pretty good spot.We get the bounce into the 60 minutes hourly 9 EMA, which is a pretty like important potential resistance level together with this 150.
Yeah.Like either I'm selling on this like hourly candle breakdown or I'm just going to send my stuff like at the bar low or maybe a little bit lower below the 50 EMA.
Sa.
He reviews a Crowd long entry and reassures the trader that the stop was not too tight. The focus is on shakeouts, reentries, and how to judge whether a stop-out was simply noise.
Speaker A
I went long on crowd at 10:50 on October 22nd.
You went long October 22, 1050.
So it's probably this candle that's.That's pretty good.I like it.
Like I stopped off right at the open today.Do you think my stop was too tight?
No, not really.That's.I mean that's part of the game.If like setting types type stop is that you got, you definitely will have a higher chance of getting shakeout.Like the price just hitting your.You stop and then continues higher or maybe lower.
I think more important.Yeah, the more important is can you identify it and then re find and find any re entry after.After getting shakeouts after stopping you out?
He continues analyzing the Crowd setup, explaining why a clean-looking breakdown failed and reversed higher. The main lesson is that sector strength, daily context, and weekly support can override an otherwise valid-looking short.
Speaker A
Sure, sure.This one is pretty.I think it's pretty tricky.I got your point.Like you're buying on the 16 minutes.Like the rising 21.And then we got a pullback intraday.Intraday fade.And then.Yeah, I like it, but it's just unfortunate that is just barely hitting a stop.
If you're taking this five minute breakout is also like a decent entry, maybe a little bit wider than your regional one, but it's still like less than 1.5%.
But sometimes I don't know, like this one is fine.Like It's.It's around 1% stop.So I don't think, you know, is it's better to widen your stop a little bit.But if you're really setting a really tight stop, like 0.5% then maybe you can like widen it a little bit.
Widen it a little bit.
Yeah.But I really like your, your first entry.Although it also could be a short actually.
Like technically.But what makes it like.I think this is also a good example to like to study.Like this is also like a pullback into the declining 9.Declining 21.
We got a pretty strong pullback, pretty, pretty deep pullback.We got the first bounce into the declining 21.
And then eventually the crowd breaks out to the upside today.
So this is like a failed, failed reversal, failed breakdown.
So what could be the reason behind like you can.Can you like trying to trying to guess or trying.
To find the reason, like the potential reason or like a hypothesis of whether what makes crowd break out successfully today.
And I think to me the like the major reason is definitely the the sector strength.
Like even though it looks weak, even though technically it's a really clean gap up rally into the declining EMAs and then found resistance.
But it's just the wrong stock in the wrong sector.
Maybe I'm right, maybe I'm wrong, I don't know.But that's my observation or my my answer.And then if you keep getting like trying to explore like trying to observe this type of like failed breakdowns or breakouts like especially with this type of clean entries then you will I think you'll get plenty takeaways and avoid a lot of traps.
He adds more possible reasons for the failed breakdown, including higher-timeframe support and fundamentals. He concludes that repeated observation of similar patterns can eventually reveal a real edge.
Speaker A
And also maybe there's another reason why is like it's still above the daily 50.
Let's see.
Yeah.And the and also the is the rejection on the 21 is is above the weekly 9 as well.So we if we got a pullback then we realize pulling back into the weekly nine EMA as well that may be the also another reason why you found support.
And maybe it could also be the fundamentals.I don't know.Like if you.
If you come up with something special like in fundamentals then like it could be also one of the reason but like whether you can.
You can spot like a similar reason again and again over and over like that may be it may becomes a like a valuable information to you or maybe it's.It becomes an edge.
Like I mean if you like if you look at quarterly.
So let's say the price to sales ratio is a even number.Like it's 36.94 is it's an even number.Next time if you see like a failed breakout or like a breakdown is oh the price to sales ratio is also like an even number.If you see like a hundred times of this of this situation happens then maybe that's a.That's an edge.
The stream winds down with thanks to the guest and viewers. He notes that the market is still above the nine EMA, says there will be no fade, and ends the session.
Speaker A
Okay, see you.See you.
Thanks for coming.Thanks for coming.JLo, thanks.Thank you.
Looks like we are not.We are getting close above the 9 EMA.That means.
No fade.
All right.
Goodbye clement.
Thank you guys for coming.We will see you in the next one.