Transcript:
we're goodGood morning, it's Clay, @claytrader.com.This is a live trade videowhere I try to capturesome of my trades as they play out live.I'm kinda scrambling here.Let's see PECK, looking
for $14 upside break pointhere in pre-market.What I just typed there was
to my private community.So as you can see there,I'm watching for $14 upside
potential movement here on PECK.And I missed it, but got
filled on the back test.So I'd like to see if this thingwants to make somewhat of a move.(indistinct) 1450.14 shares being stubbornthey're not all of a sudden.Look at all that size going through at 14and it's not budget now.And down it goes.Well, if this thing gets back up to 14,I will look to add.Oh, wow.And now it's not wow.It doesn't want to make a
quick snap back upwards.Does not seem.So on this thing just keeps
getting worse and worse.All right, I got to wait for some sort of,bounce back upwards,but this is going to be a loss.I'd like to see it at least back up to 13.Come on, at least get up over 13.Let's see what happens.Just watching it here.And now it's just dropping even further.If it goes below 1250,
I got to get out for.All right, well drop below.So starting the day down $700.I swear, I don't even knowwhy I bothered trying to go long.I really don't.And it may get back over 13,but I just couldn't risk it anymoreat that point having that loss
get even bigger and bigger.Yeah, I really like that setup too.And in fact, you know,I got a little bit of a breakout,but just never got any follow
through and then just totally,totally just collapsed back down.So not a good start to the day.Market opens up here in about 15 minutes,but I will go ahead and pause
and let's see what happens.All right, just alerted Tesla 72150,I'll flush point
established on pre-market.So maybe a pre-market tradeas the market is starting
to potentially make a moveonly bring TSLA pre-market
chart back here.So let's see in there at 72152,like I said I think this thingwants to get moving to the downside.Although that break has
me a little worried,not nearly the downside pressurethat I thought it would cause.Let's see if the bears want to show up.There we go.721 will be an important break here.Well, very lackluster volume break.Let's see if 721 can fail.All right, I'm just going to
hop out there for a $72 gain.I gave it time.In fact, I gave it probably
more time than I should have,and it's still might go,but that was a very big support level.So to see it breakand then really not get any volume at all.I'm still gonna watch TSLA,but just not what I was looking for.And even if it goes like I said,I feel perfectly fine about thatjust because it's not likeI got the brake and then hopped right out.No, I got the break.I waited and I waited and I
waited some more for some volumeto come in and then nothing
ever really happened.So I'll just, apparently that breakwasn't as nearly as nastyas what I thought it was gonna be.But I mean,you look at that pattern thereand that was pretty
impressive, but all right,well I'll just take the $70.Let's see market opens up
here in about five minutes.All right, watching BTBT.Just alerted that 2550flush point on the open and
the open is in three minutes.So hopefully it can stay up above 25 50before the opening bell rings.I mean, it's flirting to
right around that area.I'm still thinking if I
want to hop in beforehand,but after that TSLA thing,it seems like pre-market volume right nowis a little sketchy.So I'll just wait and keep an eye on iton the opening bell here.But that's the current plan.I'll go ahead and pause.Well, now looking like
it's going to work out.You can see now the
price is down below 25 50and now it's moving even
further downside there.Ever been there before.Look at that.The trade where you take it,it doesn't really behave
like you think it will,but then the trader, like,
no I'm gonna hold off.It totally behaves.And I'm, look at that movement.All already down below 25.Well, I guess the bright sideis at least I alerted itto the community, but just
one of those mornings.All right, let's see,market opens up here in about two minutes.Sometimes all you can
do is laugh about it.And the market is officially open.What is that?High 25.Curious potentially player.Lets quick Scale up to the upsideif it can get up through 25,but as of right now, just
gonna let things play out here.And BTBT continues to sting.Down it goes.Just continues to go down.Well, I can't short it here.That's totally chasing.NIO, okay maybe shot here.Lets see what it wants to do.Very, very choppy right now.52 20, it's TSLA doing.725, I don't know this really
wasn't that big of a cap.I could see that one to close the gap.NIO, oh wow.No, there was never a set
up there to begin with.Just green and then all
of a sudden totally red.FUBO just going basically straight up.Pull back here maybe 28 75.And there are 28.I think this thing wants to
get up through 28 seventies.There we go.So all out there for another
little quick scalp for $120,because really what's
catching my eye here.BTBT there we go.Okay, 24 looks like a
potential shorting area here.Although that volume.NIO, crazy, absolutely wild.Thing was going green.I was, you know mentioned
being interested in shortingand then just turns right around.Like I said though, there's
there's just simply no,you know, technical setup there for that.MRNA pretty bearish.(indistinct) with a pull back here.All right, QS.Yeah, no sheriffs are short.So, not a fan of always
feeling like my handsare kinda tied behind my back.JD,(keyboard clicking)Lets PECK to hair.I did get back above 13.So hindsight, oh,I could've just waited
until the market opened upand I would have been, you know,the last one would have been as bad.But that's good old hindsight for you too.You just can't play that game.Yeah, that's disappointing.It's just turned around so fast.All right, I will go ahead and pause.All right, now we're in business herewith a BTBT here.25 50, it looks interesting.If it can come into play.Maybe even higher than that now, maybe 26.Would like to see it
get up over 26 80 ish.That is close enough now,if it wants to come down
to, let's see what is that.26 15, or is this some
kind of true bounce?I don't know.Maybe this is a legitimate bounce.Right now it seems so.See what it wants to do here.TSLA nice recovery back upward.Trying to get in at 26
50, but I missed that.Shoot, if you would've looked right there,you would've seen a white order.And that means I submitted
it to the market.I just didn't get filled.Now down it goes.So wondering about 25 50 though.Not going to take it on this candle.Absolutely not but,and that view got me a little nervous,but I could see a scalp in there.But again like I said,I can't take it on this candle here.Come on, stay above it.There we go.And there, oh come on.There we go.See if we can get some more
pressure to the downside here.No, it's just sitting here.Wuu, that was the spike.See if it wants to get down
to that 25 50 area again.25 50, can I push down through.Hold up again.All right, well, at this point,I'll probably go ahead and pause.I'm not gonna make you
sit here through thissideways consolidation where
it's not really doing too much,so I will go ahead and pause.Okay, it's at 25 50
kind of big size there.So that's good in the sense of if it failsyou would expect it to
move quickly to downside,it's bad in the sense of,
I don't know if it'll fail.All right, I will go ahead and pause.All right, it's working its
way down to 25 50 again.Okay, there's the break.Can we get more push to the downside?I want to see this down below 25.Okay, took out 200 shares there.I'll go with 100 now.I was hoping I would get the move.And now this thing is just
bouncing back upwards.So we're going to take a loss
on those final hundred shares.So ultimately only made
34 bucks on it, shoot.And now it's bouncing back up.Just, yeah.Well, I'll keep a close eye on it,but, yeah, that was a disappointing trade,but all right,let's see what else I can find.Watching 51 85 here,and there at 51 88.It comes back down to 52.I'm gonna add.So I think this balance
is just a dead cat hair.So watching 52 to add.Oh, I missed the add shoot.All right, all up there.Yeah, I had to take that.And the reason I had to take thoseis cause I wanted to have
a thousand shares right nowand still be holding 500.Because I wasn't quite sure.I thought it could have
bounced from 51 80.So because it could have bounced.I needed to just get
out of there and take itsince that trade plan
actually got messed up,because again, I didn't have a
thousand shares that I wantedbecause I was too slow to get to add.So again, because I thought there wasa likelihood that I could very wellmaybe bounce at 51 80.That's why I needed to just take,I needed to treat itlike I still had 500 or like
I had a thousand shares.So just because you don't get
the position size you wantdoesn't mean you start to you
know, mix up your trade plan.Now back up it goes, all right.I'm still interested in this one.I'm not, I just don't thinkI really believe that this
is actually a true bounce.Maybe I'm just a sucker.52 75 would be amazing.I'd be shocked if it got up there,but hey, why not?Throw it in order up there at 52 75.All right, I'm gonna go in and pauseand update here on BTBT.You can see it just didn't work out.I mean, it worked out enough for meto obviously make money on it,but now look at this thing.Back up it goes.So, yeah, beautiful setup.In fact, has got me interested
in it potentially again,but I did want to give you
a little update on that one.Just totally got the break of that 25 50.It started to really get moving.One of the, see the break of 25, but nope,found some support right
around that V wap area.And now it's actually a
pretty impressive recoveryto the upside here.So yeah, it is what it is.Have an order at 52 51 here.We're going to play a pullback hereon this current breakout move.I mean, you definitely
just can't chase these,but if he wants to pull back a bit more,I'd do like 52 51.Key break is going to be that $53 mark.Can it push down through there?Oh wow, okay.In there, wow, that was a fast move down.Give me 119 shares.So I have what, 381 left.Goodness, this thing
is all over the place.All right, I took the
remainder out at 52 80.That was a crazy, crazy
movement there on that.I mean, when it broke down through 53,it went all the way down to 51 50.And actually I had that happen
on what was the other one,because I keep seeing
this question come out.What was the other one?BTBT when I was in.So yeah, I want to make
a quick lesson of this.BTBT, remember that?That movement right there.I got in.And then this quick movement,just this jolt to the upsidebefore it did come back down.Clay, where are your stops?Where your stops?I have stops,but I'm not blocking them into the systembecause people had stops
locked into the system.That movement right there was just,I mean, it was real,but it wasn't real in the sense of,it was some sort of fat finger trade.There was some sort of somebodythat just bought a bunch of shares and itshot it upwards quickly
before going back down.And same exact premise here on QS.Had I still had all my share or had I,you know, gotten in and
then had a stop loss,you know, I mean that quick,
quick move down there,would would've stopped me out.And again, that wasn't really a real move.It did go down there.I mean, you can scroll
back and watch a videoto see how fast it happened.But, you know, there were some peoplethat probably had stops in down thereand you know, it snapped back upwards.Now at times,can that work against you?Sure, it can work against you,but there's a couple of instances alreadywhere, you know, it totally
would have taken people out of,you know, you know, good quality trades.So, little lesson there on,Clay where are your stops?Yes, I do use stops,but just because you don't
see them in the systemdoesn't mean that I'm not using them.It's just, I'm not a big
fan of those quick jolts,you know, taking me out.So that's to try to answer that questionand I should probably just do
a whole other video on that.Cause I mean, I realized that it's buriedwhere are we at, even
time wise on this one.Oh, wow, 25 minutes.So yeah, 25 minutes in
doing a lesson on that.But if you're still here, there you go.You got a little lesson there.Okay, well I'll go ahead and pause.Have an order at 53 15.I realized that seems far away here on QS.But as you've seen, this
is a very, very fast mover.So I figured, I want to get the video rollinto capture if it breaks 55,just how fast it may or may not move.No it doesn't,not sure if it's going to
break even down below 55.But if it does, I'll
get the video rolling.All right, at 55.Once again, held strong.Good, I'm at 53 15.Okay, there's the break.Kind of an anti-climatic break really.All right, well I'll go ahead and pause.Well, there's the bounce there.So I was wrong thinking that
I could actually pull backto where I wanted to see a pullback to.So I was right in the sense of, yeah.Looking like this pullback
would be buy able,but that's a problem with trading.You can be right about general ideas,but I was wrong about how
to actually, you know,get involved in that with the entry point.So I'm gonna go ahead and cancel that out.Maybe a short here at seven
30 33, 50 here on TSLA.Want to see what kind
of candle here forms,but we may just have had a lot of longsbecome severely disappointed.Yeah, there's a letter in there.That's my daughter.She's hanging out with me today.Okay, 73.Is quite the candle here.Want to see how it does
it ultimately form though.Yeah, I think so.No, I already took it out.Okay, daddy's making a video, okay?Oh, whoops, that fast,Hold on, not really the
candle I was looking for.Still might work out,but, and it is working
out actually very nicely,but with the way that
candle actually closed,wasn't quite convinced.Had closed down a little bit more and moreso probably below the 734 mark out oflike that candle that much more.So I'm not gonna sit
here and pretend like,Oh, I miss taking (indistinct),now I wouldn't have taken it anyways.All right, we're about
an hour into the day.And looking like a,well, I've been planning on thisbeing a red day regardless.Not trying to get back to the green,I'm just trying to chip away at it.So I'll look around for a little bit more,but probably going to
be closing the day downright around the $300 mark,which is something that doesn't
keep me up at night at all.I'm more than confident
that I can get backthose gains relatively quickly.So like I said,I am right now planning
on this being a right day.I'm not trying at all
to get back to green.So I'll look around though.Got a few more minutesbefore I need to move on with my dayand I'll see if I can find anything else.All right, I am going to call it a dayand wanting to bring up my actual accountjust so we could factor in commissionsand figure out what exactly I'm down.So right there down 300,we'll call it $30 on the day.And it is what it is.As a day trader you
can't win all the time.Now I realize maybe
some channels out thereor some people, social
media, what have you,they may make you believe,they may make you think,they may make, you know,give you the impression
that you went all the time.But no, that's just not gonna be the case.Sometimes you gonna have days like this,where the PCK, wow.What a beautiful setup.And then why did that thing
sure turn around on me quickly.And then it never even really
gave me a bounce back upto at least strengthen up
the loss a little bit more.So I'd love to have kept that thing under,you know, the $600 loss area.But like, if you remember way backwhen I wanted to see a bounce backover that $13 mark and
it never even did that.So actually that would have
given me, saved me about $200.So yeah, that would,should have been more
so around a $500 loss.But even that,not only did the thing
gave me a beautiful setup,not only did it flush against me,but then wouldn't even
give me a little bitof a bounce to allow
me to mitigate my lossa little bit more.So one of those situations
were nothing really went righton that stock and
sometimes that'll happen.Now, if it's happening
to you all the time,that would be a problem.Now, if it happens every now
and then like it does to me,okay, that's manageableand allowed for me to,like I said,it was never trying to get
all those that loss back.Today was a loss mitigation
day, lost control mode.And yeah, very happy
with only being down 330.I'm not worried about that
at all in the sense of,oh, great, am I gonna be
able to get that back?How long is it gonna take me?Nope, I'm more than happy with that.So if you enjoyed this
video and I know it's long,so if you're still here
over 30 minutes long,I mean, that's awesome first off.So thank you for still being here.But just a quick request on my part,these videos are not the easiest to make.I have to talk to you,I have to think for myself,I have to make alerts in the community,I have to, you know,press buttons on my own.So there was a lot going on.So what I would ask is thatif you did find this video helpful,then just hit that like button.If you want me to keep making these,hit the like buttonor leave a simple comment
even if it's just an emoji,thumbs up smiley face, rainbow, unicorn.I don't care where you leave.Just any sort of comment belowand hitting that like
button communicates to methat, yeah, Clay, I enjoy these videos.So please keep making them.So that goes a long way
and is really appreciated.And then also just check out
the channel as a whole lots of,man my voice is gone.Lots of other live trade videosand hopefully you like what you seeenough to hit that subscribe buttonas I'd love to have you as
a subscriber to the channel.But yeah, get out thereand manage risk and
realize that not every daycan be a winning day.First of, thanks so much for
watching the entire video.Real quick, before you go,I want to invite you to a live webinar,web class, training
workshop, online event,whatever you want to call it.But it will be me live revealing to youwhat I discovered that has
allowed me to transform myselffrom being an employee,
to being my own boss,including how I had only one losing dayout of 73 days in total.I'm going to cover three keysthat have helped me unlock
profitable consistencywithin the markets.The first key is super weird,but in a productive type of way.The second key is super awesomebecause it quite literallyis wired into our DNA as humans,making it very easy to use.But in a cruel way, this becomes
a pitfall for many traders.I'll explain it all though,including how to avoid the
pitfall that it creates for some.And yeah, the third key,when you hear it sounds
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question and answer sessionthat is again, totally live.Even if you can't make the live session,please still sign up
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