 What's up, everyone? It's Tony's over here. It's been a while and today I just want to make a video on You know the styles we've been trading today. I mean it is a really difficult day You know, this is time of the day that Wipes out, you know Month and like weeks months or even the year P&L if you don't have a discipline and it is a really tough day and so that's why I Kind of you know, I want to address a few Things that I think it could be helpful for you guys and also For those that haven't experienced this type of event before so, you know today's basically the topic is going to be about How to kind of trade the black swan event or like the black swan stocks and Yeah, what else? DWAC Digital, you know word Yeah, yeah, probably you guys know the news, you know trauma involved in this one and you know, it's just suddenly when it's like nuts like basically and You may do that stock great again Today and it it is really tough day for a lot of us Alex as well, I think a lot of people You know lost, you know in the room as well and Yeah, so I hope you know I just want to kind of do the video today. So the idea is fresh. So, you know, I don't forget about it and and I just think that you know a lot of lessons can be learned from Today's video so So as this morning As it was in the pre-market, I Mean, we saw it tanking, right? I mean This is like the top is set pretty much Let me zoom in to this one top is set pretty much 20 line you know and it just keep going down down down further, right and It was pretty early. So I don't think anyone could be in this type of move Like I like I don't think anyone shorted that But for me, I shorted some here at you know, 1250 1237 actually Pause in the room and I got out at 12, right? It was like for 30 cent and shit dumped another You know almost like two bucks here from this $1.50 and And yeah, as a day goes by I mean, you know When you see something like this, of course, it is a broken stocks, right? I mean, I really don't care Like, you know, it's impossible to tell that it's always going to do this, right? I mean, this is one of those lot of liars that it happens. Maybe Once in I don't know like a year. Maybe two years or three years something like that You know, it's impossible. I mean, it's it's not like it's like it's not a hundred percent, right? I mean Anything can happen. That's why in trading, you know, it's like that and You know risk management that that's everything that you can do, you know Long or short doesn't matter if you trade on the fly on this one You just want to get in and think about it later. You're gonna, you know, get yourself into really a lot of problems, you know on this and After this, you know, people keep blowing up. I think it was here like margin calls a lot of people here Yeah, I mean, but this is what it is and Like I said, black black swan stocks see it breaks above this Like don't touch it if you knew okay, if you don't know what to do just watch and and you know gain experience gains The the the screen time for next time, right? And once you get better at this, you know Like you can scobble around, you know, the the good psychological kind of line Like I said, you know, 50 100 150, you know, if it gets Extended enough To those lines, I don't want to be shorting into this grinding high and grinding high I want for the stock to kind of extend enough and when it gets to 50 back in my mind, okay It was psychological line was you know, why I didn't short it 30 why I didn't short it 40 Why didn't you short it 45? All right, but I chose the 50 line to get in short and It breaks that 50 next one for me would be 100 I don't want to be messing around with 60 70 70 565 something like that But that was like, you know, it's it's not really That matter because it was a small size and there's no way that you can size up on something like this Okay, so if you miss that don't worry about it I think the most important thing that you are safe When shit like this happens and that's the most important thing, right? That's why you are in my seat We will tell you to protect your account to be careful Especially if you knew Just you know, watch the stocks how it behaves so that you can understand it for next time when you see this time It stopped. Okay, don't worry about making money on those worry about that, you know Were you able to To stay safe during this, you know period or like, you know, like doing like today, right? making zero is still better than You know down 500 bucks or like $1,000 on this and And yeah guys, so I hope this is like a good lessons for you guys on, you know, this type of Event I hope I think you know on this one I would wait until the first red day, of course, right? Let's see if it, you know runs much higher, but we all know that is, you know, 10 to 50 guys. Come on with that much volume When it turns it's gonna be bloodbath, right? So as a short seller we wait for the back sign and then we attack Okay, that's the safest way how to do it You don't need to anticipate what I do today. Just want to you know, playing small size Copying around on the channel the lines I mean if you good at it, you know, go ahead. That's fine as long as you have pretty fine rest Oh good to me. What like I said here, you know, if you knew ignore it and Just wait until it turns right That's CEI AMC GME pretty much the same thing