 So this month has been pretty wild, had some really big winners and also some kind of like wacky ones. This worst ticker was just wasn't that liquid and I had like just way too many shares. And for me, this is something that was like kind of new. So what I'll do in this video is show some of my worst trade and show the reality of trading that sometimes even if you've been trading for a while you're gonna have those random days that it's just a disaster and you just don't know what to do or what you did until like the day is over. So this morning is pretty much done. One more day left to demand. Hopefully it's gonna get better. Like nothing much, it's really a month that like there was good opportunity. I kind of messed up a few things around but honestly, at least I'm green. That's a good part. I made a bit of money. Gonna help to pay the bill, but that's pretty much it. By the way, if you enjoyed this video don't forget to like and subscribe. I also did link all the best tools for day trading down in the description. So don't forget to check them out and let's get back in the video. So let's go over the first one. So I'll break down the daily and then we'll go to the execution and I'll actually, I could say how much I lost on each of them. So the trade came on that specific day over here the big red bar that we see. And I was actually shorting it and I managed to lose money. Sometimes it's impressive that the stock managed to go down like 20 to 30% and you still lose, right? The idea was the stock went up pretty much from the 40 cents all the way to the 85 cent in like, let's put it this way, like a month. And we had like a really wide range bar and then we're starting to really fell at the high. It was running on like no news. It was just running cause the EV sector was pretty hot. So this was just following the trend. So when the main sector was gonna start to cool off I was expecting this to unwind and also it is a 70 cents or 80 cents stock. It is trash. So I'm expecting this to unwind pretty quickly. So I'll move to the 15 minute. So the stock had like a really nice move the previous day if you were looking to short it they went from 86 all the way to 72. So pretty wide range. Then the following day it's sometimes these stocks just start to sell off and this is what we actually did. So the data I traded it is where the arrow is and you guys can see there's some pretty clear level. We have this like line over here that I put that's a pretty nice level. We have this pre-market range and we also have the previous day low and the previous day kind of real low. So like the wick low and also the pivot low. Technically everything worked out correctly and here's the execution to make it more clear. So the idea for this setup was a multi-day breakdown and it did work right. We had a pop in the morning. We broke the morning low over here and then we had a pretty nice sell-off and I decided like a dumb ass to add right over here at the dead low thinking that this is really weak. It's probably just gonna grind side away and have a weak balance and I can just short some more or whatever it is. So I shorted 22,000 over here. I think I wanted 25 but I got filled 22. I added 20,000 over here. So I had 42K on this and all of a sudden my average now because of this really bad ad it was right in the middle. So it was like 70 cents. So when we have this like really strong push I was expecting this to kind of grind sideways. So I didn't really mind giving it that much risk but the fact that we kind of went down and then we just spiked up very drastically I was really scared for a recline because with 42,000 shares, 510 cents it would be like 5, 6 cents if I have to risk higher day which I think would be too far. Over here I stopped out of half and I re-put everything back in and then I re-stopped out of everything because it was just illiquid and that was really what was important about this stock is sometimes it was spreading like half a penny or even less and sometimes the spread was just out of this world it was like two cents. Anyways, we come back, we break low we have a small bounce I try to short it versus VWAP. At this point I know this is going lower like I'm pretty convinced but then what I do is I short 42 or 45,000 shares I remember and you can see that my stop this is what happened. When you start trading like I don't know 50K or 70K shares in a position you have to start to be worried about liquidity so I'll bring back this chart over here and we can see that the volume was really low so it was like 400K or something like that and I'm there with like 10% of the volume on a two minute candle so if you take a one minute just divided by two that's about 200K and I own 50,000 shares and that was just a bigger loss than I expected just because of slippage and you know a penny or half a penny when you have that much size actually makes a difference so at this point I just stopped out of everything and I took another big loss so I lost about 2.5 cent on 42,000 shares so about 900 bucks on the first trade over here I had 50K or 42K and I lost another two cents so I lost like total about two grand on this or 15, 1600 and you have to consider that I traded about 200,000 shares so that's another 400 bucks of commission and then I'm just pretty much tilting and I try to short it again even if I know it's not liquid enough and I just take like a big loss again not a loss, I sorry I break even trade but then even this little trade there so it costing me like 100 bucks to get in and out of that trade so I'm still even if I'm breaking even I'm still losing another 100 bucks so on this trade that looks like nothing and if we just bring back the intraday chart everything worked out perfectly but the big problem with this sticker was the liquidity and that made me lose 1600 plus 400 of commission about two grand I think was like 2100 when I look at my broker statement just something that's painful when you look at something that trash right by the way if you enjoyed this video don't forget to like and subscribe I also did link all the best tools for day trading down in the description so don't forget to check them out and let's get back in the video so the next trade was on Rivian and it was on July 11 so actually beginning of the month or mid month I would say and it was on that specific day over here so the idea for this was that the stock really started to break out and I was expecting a pullback when something moves that much normally it does at least give like one good day of pullback and that's really what I was looking for I thought the chart was extended enough and there was enough meat on the bone to start looking at a short especially after we have like one, two like three pretty wide range day I thought it made sense volume was also really good so I thought everything was in place for that kind of setup so when we look at the 15 minute we can see that this is the previous day we had like a really big flush and then we just pushed really high and then we kind of closed in middle of the range so when something closes in the middle of the range it's hard to know if it's gonna go up or down so I like to play the outside level of that move so I was looking initially for short in that area of the 2560 we can see that it's a pretty nice level and I'm also looking at like that 4 AM print slash like this top over here just giving it enough space so any kind of push in that area I thought it was really attractive for long and it would probably be a good short so when I'm trading something like this before going over the execution and all that stuff I'm not looking to get like 10 or 20 cent I'm looking to get like a really big move because these trade don't come that often like it's not every day that we have a stock that kind of broke out that much on like that much good volume and everything kind of lines up so I don't wanna accept like a 20, 30 cent scalp I'm really looking for a big move because I know that when they work like they make my month so that's kind of the story or the idea behind it so we can see that on the open we do have a flush and I'm saying that look this might not even pop so I'm shorting some versus like pretty high but when I see that we really reclaim I just cut the trade over here this is where the disaster really started to come in there's this thing that when I try to get really big I'll be sometimes over exaggerating it so I'm gonna use way too much size but I also do this thing which is not really ideal but I'll get really big and if I start to think that I might be in trouble I'll start taking like a quarter or a half off but when we start to work again or look like we're gonna work again what I do is I just put it back on and I kind of just adjust my risk until the trade really start to work but it also can do the opposite is get me in and out and in and out and just start to take a lot of small losses that just ends up being a good one in this area over here that's pretty much what happens so I risk too much I think I lost about a thousand, thousand 100 on this first try over here but the really bad trade came over here so I think it was pretty much a bad trade just because you can really see with the type of price action that it is that it's just not trading directionally like it's not trading clean and it's just bouncing, it's trapping it's just you wanna see sure a big push up and then after you wanna see something that cracks and kind of never reclaim the view up but when we're like everybody's getting a headache on this thing because it's actually just not really breaking or it's not acting weak but there's something I really don't like about this trade is the fact that I get so aggressive in these lows I feel like this is where they trap the most and I lose the most is really when we're starting to kind of break low and I'm trying to add instead of trying to get a better price higher and just accept that it should break and if it doesn't at least I can get out for like a small profit versus getting really big into a lower breakdown and then when it doesn't break down I'm just taking a pretty big loss so I lost about 1,700 bucks on this trade so let's jump into the last one and this one was the worst one of all of them so it's NKLA and I'm looking for that specific green day over here so the chart is really extended on the daily and when I see something like this I say sure we had like the first big red day yesterday but there's still a lot of meat on the bone to go lower so when we look over here at the execution this is where it gets pretty stupid so over here we can see that I just shorted some with like a pretty random stop like I don't even know what are these trades then we have a bounce and I'm shorting again over here and I'm like stopping out like right there like these are like absolute like random, random trade so I'm shorting back over here and stopping out like right over here like I just don't get like what I was doing on that day I was like definitely tilting like nothing makes sense then in terms of PNL I think I don't have the stuff open but I lost around take like 900 you do mistake and you gotta learn from it so that's why it's important to review your execution and it's Friday so I'm gonna call it