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It's Harry Haas here. And today I'm going to be going over GNUS and CIDM trade recap, plus I'm going to talk about how I dealt with FOMO on my CIDM trade in order to win. And second of all, not a licensed financial advisor. This is not investment advice, even if it may seem like it. But without further ado, let's get into the video. So on GNUS, I thought I would kind of include some of the share statistics and valuation measures. Obviously we have 512 million market cap and we also have a high amount of shares outstanding. You know, something that I do take into account, again, it's not like, you know, if it has 77 million shares outstanding, then I'm not going to trade it. I really just pay attention to kind of the volume, the chart pattern, the range, and some of kind of the bigger picture metrics in the trade rather than just saying, well, if it's under a 10 million float, I can't do this or if it's over this amount. And this management is really the holy grail. And you know, if I'm wrong on something like this, I can just stop out easily. But you know, it's just good to kind of include it if you want to kind of backtest and go over stuff. So basically with GNUS, it was a multi-day runner. We had a lot of trap shorts. We had intense volume. And I use the word intense because we just had, we had literally 100 mil done by zombie. I remember just saying like, you know, in the main chat, like this is crazy. Like we are at 100 mil by zombie time. Like this is intense. We have tons of new people getting into the market. We have people on Robinhood and opening up TD Ameritrade and E-Trade and you know, just some crazy amounts of new people coming into the market. So with all these new people, it brings a whole new batch of volume. And it's insane. And so intense volume can bring big swings to the upside, but it can also bring big swings to the downside as well. Because when you have a lot of people buying, if we have double the amount of people buying and double the amount of people selling, well, those moves are going to be almost doubled, right? So you have to kind of adjust in the new market. And that's what I kind of found myself, you know, in the first couple days, like I just wasn't adapting. Like I wasn't used to these crazy downside swings, these crazy upside swings. So now my kind of rule on it is that if you think it can't fall that low, it probably can. And if you think that it can't go up that high, it probably can. And those are two things that have kind of kept me safe. And you know, I'm really happy that I've kind of adjusted, you know, well, obviously patience is key. And that's a big thing because there are a lot of times where you want to fomo in, you want to chase, but at the end of the day, those are not good habits. And you may win on 10 chases, but the one chase where you lose, you know, you can pay the price because you can have stocks that just drop a dollar, a dollar 50 and, you know, a couple, like less than a minute. And then you're kind of stuck saying, holy crap, like I'm down so much. And that's why I don't chase. It's better risk reward to buy into dips. And it's just, it's better to be patient and wait for a dip than to say to yourself, oh my gosh, like, I'm going to chase this and I'm going to make bank and it's going to go to the moon. Like it's just better off for you to, to be patient, to wait. You'll be 100% less emotional and you will, like you'll be rewarded for, for your patients, whereas if you're emotional and you just buy, you may be rewarded a couple of times, but on the times where you're not rewarded, you're really screwed. So this is also kind of the daily chart on it on this day. This was the, the day where it kind of gapped up. Obviously this was kind of where I finished up, but I just thought I would kind of include, we got this kind of, it kind of started to run. I consider this like a day two or a day three, even though we kind of gapped up here, not that many people were really paying attention to it. We didn't really have a lot of range. Not many people were talking about it. So, you know, it is a multi-day runner, but after we had that run from three to four, that's when people started buying. That's when people started getting involved in it. That's where people were saying, okay, this is crazy, like GNUS. It's the next big one. It's the next big thing. So, I mean, to me, I really kind of considered this a day two move, even though it is like a multi-day runner. But I mean, I didn't, I didn't start hearing about GNUS on this day. No one seemed to be talking about GNUS here. Like, obviously people weren't talking about GNUS here. But when we got that move from three to four, people were like, holy crap, like GNUS, like, you know, it's the next big thing, baby. It was more so that, I call things like a day two, if it's like the second day where I've heard about it. Like when you have people posting a main chat going like, holy crap, GNUS made this big run, that's kind of like the first day. Or like, the first day that it really started getting some attention. And then after, obviously, we got this big move, everyone in the market knows about it, everyone's talking about it. GNUS, hot stock, hot chick, you know? So, it's kind of my metrics on it, because I was like, oh, day two. And a lot of people were like, no, this is a multi-day runner. It's a multi-day runner. But in my opinion, it's more so like a day two play. It'll act more so like a day two play. This almost even acted like a day one play as well. It just really depends. I mean, that is just kind of my perspective on it, I guess. This is the trades that I made on it. Again, I know that we're going to probably have a lot of people say, like, holy crap, like, this is crazy. But I just wanted to kind of go over my thought process on it. So we can see here, down here, before we get into these individual trades, we can see down here that obviously we had some insane, intense volume. We did. We had unbelievable amounts of volume. We were trading at 100 million by 1030 by zombie time. And people were just buying the same pure frontside play. And this is kind of how I want to describe it. So basically at the open, I was looking to kind of buy a dip into a pop. And we kind of got that dip. And after that, I just kind of sold into a pop like 550. The range here is great. And I just wanted to take it off. So I sold into kind of 550. I didn't I didn't rebuy this dip down here. Maybe I should have, but I was kind of more so. Like we had already had this big move. I kind of expected it to pull back more. It didn't. It kept going higher. I mean, that's OK. But again, I can't just chase up here hoping for a breakout higher, right? Usually I do not have good experiences with that. And that usually does not work for me. So again, I was kind of thinking, OK, maybe the $5 line might support. We kind of found a little bit of support down here the last time. So I said, OK, I'll look to buy into kind of this $5 area, which it ended up holding, which is good. And it started kind of creeping up again. And I was noticing that usually when we get this slam, if we don't get this kind of higher low action and it doesn't drop lower, it's a lot stronger than a lot of people think. And that's kind of exactly what we got. I just kind of sold all the way up. And I just said, OK, I'm just going to look to buy dips now. And when you get into that mindset of buying the dips, like I was reluctant to even post this because this is such an outlier trade that does not happen every single day. We were just doing so much volume, so many people were talking about it. It was pure front side. People were looking to short it, hoping that we go back down to 4 or 3 or whatever. But we just had so much volume and so many people trading the stock. And the float was rotated like crazy enough. I mean, we had like 70 million shares outstanding and the float was already rotated once. Like that is insane. And I basically just kind of got in the mode of like, OK, I'm just going to look to buy dips. I mean, down here, I don't even expect something like this to happen. That's what's so crazy is that people are like, oh, how'd you know? How'd you know? Well, the truth is that I really don't. I mean, as much as I can sit here and say, yeah, I knew this was going to go to 7.5, I had no clue. I'm just I'm not trying to think about too far ahead in the future. I'm just kind of trying to focus on the lines now and how I can make money down here. My mindset was like, OK, I'm just going to kind of look to buy the dips. It was kind of supporting down here as well. I kind of had a scale all the way down. Basically, I just kind of was just quickly selling into pops because at this point, it was just so crazy. We were having a battle between buyers and sellers. And when we moved on to 550, 550 was holding so, so well. I wasn't looking to buy in this in this kind of range. I could have probably bought this and then tried to try. You know, I could have probably bought the first dip initial dip into 550. But I was just going to leave it alone because I was thinking that, OK, we could this could be kind of a higher loan. We could kind of pull back lower. But we had tested this 550 so many times. And when 550 should have broke down, this is something important to know. When 550 should have broken down and it didn't. And we kind of had that surprise hold. That was when I was like, OK, this stock is a lot stronger. There are still buyers. There are still people looking because I mean, there's one of two scenarios that can happen. Yes, we can push all the way to 7.5. But also if this 550 had a broken, we probably would have went down to $5 and that's why I was kind of a little reluctant to take the trade here. But I took it anyway because I was like, OK, I was just being patient. I mean, it tested 551, two, three, you know, four, five, six times. I was sitting there just anticipating saying, OK, break down because I kind of had orders down here at this five. And I was expecting kind of more so a death candle like this, where I had orders down here at kind of five. And in this scenario, this type of stock is really hard to read the tape on the fly. So I'm always presetting on stocks like this. You know, some people will say, yeah, that's a little scary or a little, you know, whatever, but the more you trade and the more experience you get, the better the better you'll get at it. I hope everyone has a great day or night wherever you're from. And I'll see you for the next one. Watch some of our most recent videos right over here.