Transcript:

we're good(graphics whooshing)Good morning, it's Clay at claytrader.com.This will be a live trade video where I tryto capture some of my trades as they unfold live.Market opens up here in about five minutes.Gonna keep an eye on FRAN out of the opening gates,so let's see what happens.Okay, market just opened up.I have an order at $4.80.Still trying to figure out,does this one wanna be a volatile oneor is this gonna be kinda one of these little slow,well, right now that's price action, a little bit shaky,but let's see if it can break down through five,and like I said, I'm still not quite sure,is this a volatile stock or is it gonna be onethat kinda fluctuates like it is right nowwithin just a few cent range?In the pre-market it was a nice and volatile,but right now things are looking a little bit,so there we go, gettin' the breakdown here.And then back above five.Well, there's some good volatility right there,so all right, I'll keep an eye on it.All right, have an order here at 5.20,got those.And then I have that order up there at,let's see, $4.80.So again, 5.20 first entry point.And my next order's at 4.80.So we'll see what happens.I will go ahead and pause it for the time being.All right, makin' another move back up above 5.20 here.And then back down it goes, so this chart line here,you can see is presenting quite the challengeto the price right now, so I'll keep an eye on it.All right, it's now back below five,so what I'm gonna do here is try to pick up some at 4.95.So I got those, let's see if I can get those down at 4.80.Gettin' close.Just needs to go a little bit lower.There it goes, got those.Try for some at 4.75.So let's see, 1,500 shares average of 4.98so still a very small position on a $5 stock here.So let's see if this thing wants to get back up above five.I will pause it for the time being.All right, trying to get back over five.So I just took a loss there on some of the sharesbut what I'm gonna do here is nowjust put a stop out there for the remainder,just because I'm not not a huge fanabout how this one has been trading.So if it breaks down there through 4.75, then I want out.And I'll just move on, but the reason I sold some was,I'll at least lock just in case I am wrong,I'd rather at least take some of the loss up at 4.90,but it could still potentially go in my favor.I'm just reducing my exposure here a little bit.So we'll see what it wants to dobut this one is just not quite cooperatingso I'm not gonna try to become a superhero here.So if I have to take the loss,then I'll take the loss and move on,and things are definitely looking shaky here.And out there, so $300 loss there,so not the best way to start off,but let's see what else I can find.Okay, I have an order at 76.75here on Qualcomm.Went down as low as 76.81.So let's go to 76.55 now.So 76.55,still right now stopped at 76.77,so I still wouldn't have been filled.But let's see if this wants to make anothercontinued bleed to the downside here.I also have an order out there on eBay,but that one wasn't lookin' like it was that closeto getting filled, but I suppose you never know.So if that eBay order down there turns to green,let me know, 'cause that means that I'm filled.Let's see if this one can get down to 76.55.Key break, there is the break.All right, I will go ahead and pause.Update here on FRAN, feeling very good about that.There was that little spike right therebut from where my position sides was at,still wouldn't have worked out,and now it'd be down even lower than that,so definitely the $323 lossfeels just fine, 'cause that's certainly a holethat can be dug out of no problem, but just like I said,update there, one of those situations,'cause sometimes it's not fun to take a loss,'cause you take a loss and then all of a suddenit goes in your favor, but this is one of those caseswhere yeah, it's definitely feeling good.But let's see what else is out there.All right, I have an order at 71.80,and lots of other orders out there actually right now,but the one that looks like it's got the best chanceof potentially filling is CSX,so 71.80, 500 shares.And we'll see if it can get down there or not.Quick little update on FRAN, I mean,just turned out to be a slow, slow bleeder,so that loss continues to make me feel better and better,'cause that is one where it just never quite bouncedenough at all to make anything worth it,and one of those that, you know, I have experience withfrom the painful side of things.And these ones, yeah, sure, you have little uptickshere and there but nothing that's really tradable,that would be worthwhile, so again, like I said,I'm not saying this to really justify anything.I'm just showing this 'cause I get it,I know how it can feel to take a loss,to honor your stop-loss and then all of a sudden,the price goes in your favor,but the the mind is a tricky place and it has a tendencyto just always make you focus on those times,whereas it doesn't make you focus on the, hey,remember when you were actually rightand it was a good thing that you honored that stop-loss?So that's what I'm really harpin' on here,because yeah, sometimes it's a buzzkill,and you can play that, "Well, if I just would've"not followed that rule, I would've been green."Well, yeah, that's true, but in other cases,you could get somethin' like this where it's justa slow and steady torture chamber.All right, I got filled here on CSX.Unfortunately I was watching something else.500 shares at 71.35.So 71 shares, 71.35.So out there, just had to take the $25,wasn't the best entry point,started to go a bit against me, not to the pointwhere I needed to stop out or anything like that,but to the point where I decided to just mitigate the risk,and I mitigated the risk by just being willingto accept less than the $50.So $25 there and yeah, I'm a little shaky this morning'cause again, I was thinkin' 35 or 25,and I went with 35, and 25 would have been the,I don't wanna use the word easy,well, first off, I need to just stop talking,so 70.85, next first entry point on this one,so let's see, double checking, yes, 70.85.So there we go, but yeah, a little shaky,but let's see if I can get a better entry point here.Key break gonna be the $71 mark,so I'll do my best to keep an eye on it,but as you saw when I pulled up the video again,I was actually watching GHSI,so I wasn't even paying attention to this oneand then all of a sudden I was filled.But you can see here, that was definitelya wise move to just take the $25,'cause now it's dropping that much more.But we'll see if we can get the break at 71.Okay, goin' for the break, maybe.There's the break.Ah, it just stopped, stopped at 70.91,so no longer interested there.So we'll go down to 70.60.Okay, and stopped here at just 70.88 and I wanted 85,so it was three cents off, but I'll keep tryin' on it.Had to cancel the order again.You can see right here, the low was at, whoops,kind of just blotted it out there, but right there,low of 70.61, so, close but one cents off.So I've adjusted the order down to 70.35.We'll see if the 35 can work this time.Little frustrating, but it is what it is.Apologize, I missed GHSI,the whole trade, it was a very, very quick tradeand one of those were I was watchin' something else,got filled, came back just, threw out an order,and was supposed to be set for 50 bucksbut was actually set for 25, but in all honesty,it's looking like the $25 may have been the best route,'cause it's been struggling to get back above 2.80,so one of those things where maybe luckwas a little bit in my favor there.But again, so it just took it right there,so another $25, nothing big.And the reason I missed it was 'causeI'm watching Blue Apron here, so quite the move,you can see the volume bar down here,a big surge in volume, so that totally pulledmy attention away from GHSI,and still watching this one, have an order on GHSIstill down here for a reentry at 2.55if it drops down there, but as of right now,my main attention and curiosity here is with Blue Apron.So let's see if any worthwhile trade plans come about.Well, I'm gonna go ahead and wrap things up here,and as a final little update here,FRAN has just continued to bleed downwards,currently a mini, mini little bounce here,but overall, that green line representswhere I just took the stop-loss and got stopped out.So I just really, as you saw,couldn't put anything together.Sometimes I'm away from my computer and stuff like that,but here, no, I mean, I was watching, I was looking,and just nothing really played out.Disappointing, yeah, nobody wants to have a losing day,but, I don't know if exciting is the right word,but maybe proud in a weird type of way,that hey, you know, it was only, let's see,$275 down on the day, when it coulda been a lot worsehad I just broken the rules of the strategy,and kept on trying to be a superhero out of itbecause that coulda been very, very nasty when it's gone,almost an entire dollar below where it was.So that is that, a losing trade, losing morning.Maybe I'll trade a little bit more later today,but it's summertime, and not a whole lot is moving,but I mean, I'm still well green on the week,so nothing to fret about, but yeah,I'll be the first to admit that nobody likes a red day,but they happen, and I'm just, like I said,proud I guess that it was controlled,that it's easily manageable.By no means will I have to trade like a superheroin order to get $275 back.In fact, I think the last live trading video I posted,I made $280 in like three minutes,or two minutes, or something crazy like that.Anyways, if you've seen my live trade videos,you've seen plenty of examples where I makewell more than 275 in just minutes.So that's what I mean by disappointing, sure,but it's not like it's something that can't be overcome.So before I go, if you enjoy these videos,a couple quick things you can do to help me outand kind of communicate to me, "Hey Clay,"I enjoy these, please keep making them,"and that is to click the Like buttonand then subscribe to the channel.If you're interested in getting more in-depth,then I do offer a private trading communitythat comes with a newsletter, live chat room,so you can just go to claytrader.comto learn more about that, and then also,if you're interested in learning how to use chartsto build strategies and systems that work for your scheduleand your risk tolerance, then again, claytrader.com,that is called the Trading Freedom Pathway program there.But if nothing else, and you just wanna communicate,"Hey, thanks, Clay, for making these, I enjoy them,"so please keep using some of your time to make them,"like I said, just click that Like buttonand subscribe to the channel.So it is what it is, I'll see you back next week!First off, thanks so much for watching the entire video.Real quick before you go, I wanna invite youto 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've 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 keys that have helped meunlock profitable consistency within the markets.The first key is super weird,but in a productive type of way.The second key is super awesome because 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 pitfallthat it creates for some, and yeah,the third key, when you hear it,sounds way too good to be true, but it's not,and I'll show you how it all works.Then at the end I open it upfor a question-and-answer session that is,again, totally live.Even if you can't make the live session,please still sign up as it will be recorded,and you can go back and watch the replaythat I will send you.Click the image on the screenor click the link down in the description boxso you can get the date and time and claim your spot,which I should note, is limited,due to the fact that this truly is a live event.If you have any questions, let me know.If not, I'll be seeing you soon.