 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey guys, good evening everybody. Welcome to another edition of the Access to Trader.com. Let me wrap up show, hope everybody is doing okay. So tomorrow is New Year's Eve, right? Tomorrow is New Year's Eve. Really, really light volume today. Actually pretty scary. I'll talk about it in a second. I think tomorrow, I'll be here, I'll definitely be here at Morning Strategy tomorrow. Definitely be there at Morning Strategy. I'll be here for the first hour of the day because I want to see kind of how structure is playing out tomorrow. And not necessarily the directional bias, just the structure. The reason why I say that, if you look at the pivots this morning on the surface, they look wow, Dan some phenomenal pivots. Yeah, they were. The problem was the market structure was so damaged there. What I mean by market structure, for example, if you look at the pivots there, right? If you look at the pivots and you look at them and you say wow, this must have been just an absolutely huge monster day. If you see Boeing got hit really hard, you saw a Vago got hit, RAD just got destroyed, Tesla went down like 15 points. So it looks very good on paper, right? It looks really, really good. NVIDIA, Netflix and NVIDIA. And it looks great, right? It looks great on paper. But if you saw how thin the market structure was today, it was very, very scary. And after the first half hour or 40 minutes or so, I said, you know what? I'm going to just kind of sit on the side only because the spreads today were really, really wide at the moment. I mean, extra wide. The liquidity was completely not there. And the most amazing part is every single pivot that we were putting on gave really aggressive cash flow very, very fast. The problem was you couldn't get filled on any size. You couldn't get filled on any size. And if you didn't at least take some cash flow in one direction or the other very, very quickly, the market was so aggressive that it was just taken really right back, like really, really right back. So for example, Netflix, right? I shorted Netflix and it goes down like 75, 80 cents. I'm talking about in two seconds, right? Literally in two seconds. And you realize you didn't get filled on any size. And the problem was it was so wide, so spreading that, you know, I took a 70, 80 cent move, which I thought was going to go mar. And I turned it into like $1.40 loss, right? Just to give you an idea of how fast they brought it right back and spread it back out. So we started seeing that on a lot of trades today over and over and over again, even the ones that I caught. Like, you know, for example, I caught a really good, a really good remount on RAD. And again, congratulations to all you guys who came in short RAD, got destroyed today. But just an example on RAD today, they took down the stock into daily support. It went through a reclaim, right? A remount to the 1850s. So I got along in the 1840s. It went to like 1920s, like 1915s, 1920s, like in seconds. I'm talking in seconds. You can talk about an $18 stock, you know, $18 stock moving 75 cents in a matter of 20 seconds. That's not normal. So it kind of freaked me out, right? Kind of freaked me out. And, you know, so I kind of just wanted to kind of put the money to the side and kind of put the trade into the side, at least for me, because again, I just wasn't comfortable. I didn't like the idea of aggression, right? I like aggression. I just don't like aggression when you can't manage your risk and you can't put on their tier size that you're looking for the trade. It's kind of, it kind of makes things irrelevant of watching, you know, Tesla go down three, four, five, six, seven dollars and you're a senior and you can't get size. Netflix, you go down three, four, five dollars. Again, if you can't get those size, again, what's the point of doing the trade? Again, the reality is, well, some money is better than no money, but if they can snap back faster than your mind can process exactly what's going on, that's not a fair advantage. So I think tomorrow, depending how the market kind of opens, how the futures are opening, you know, I might take tomorrow off, but I'll definitely be there morning strategy. I'll definitely guide you guys from morning strategy. I will be there at least for the first hour of the day. I want to see how the market structure is there. If everything is orderly, then it's a whole different story. If everything looks like it's going to be like today, like crazy wide spreads and just whipsaw, that's a perfect way to really put on risk without validation of reward. And again, that's not what we want to do. Look today, the Dow went down 200, the Nasdaq went down. Does anybody really care? I mean, we talked about the scenario last night on the video, the weekend update about a potential pull. Again, I didn't think the potential pull was going to come literally at the open, but when you look, for example, how aggressive these polls were, you can see what we talked about last night in the video, you know, aggressive polls in Tesla and Roku and Amazon and shop and Netflix like one by one, you know, beyond everything else. So it's very, very scary if you are a long shareholder, right? If you were a buyer of the market and you said, ah, yeah, the weekend video grant, yeah, Dan, yeah, they're going to pull. They're going to pull next year when the Dow is at 38,000. Right? Again, the market doesn't need to remind you who's in control. We talked about this on Sunday. Gravity is very, very real. The question is, did you get caught, right? Did you get caught on the long side of this move? After again, we spent the whole 30 minutes of the weekend video kind of kind of just saying it's going to happen. It's going to happen. Again, nobody's calling to Armageddon. Can we get another back test in the market tomorrow? Yeah, we could. Again, the key is there's nobody around. And again, it is like that old adage, you know, if a tree falls in the forest and nobody is around to see it fall, doesn't make a sound, right? So does it really matter, right? Does it really matter if the market goes up down tomorrow at the end of the year? It means absolutely nothing. Everybody's on vacation, okay? Everybody's on vacation. And thank you very much for all the emails I got, you know, during the day and after the close. A lot of people are going to be gone tomorrow, obviously, and Wednesday we're off, Wednesday we're off, and Thursday and Friday. So the natural order of balance of power in the market, okay, whether it's going to be long or short, is going to be the following. It's going to be the second week of January because that's when everybody comes back from holiday, right? That's when everybody comes back. So we're not going to get a true sense of what is actually going to happen for at least the start of the year until actually everybody gets back for first quarter and second week of January. So let's talk about today, kind of a weird day. Yeah, very, very aggressive. Again, it looks better on paper than it was. I know some of you guys caught some of these big moves. I missed a lot today. I missed a lot. I missed a lot. Let's go on by one. Great call by Adam. If it builds below, it can flush. Here was Boeing, right? Here was Boeing. Here's the 329. Here's the 329. When it all the way down to like 325 and change. Facebook obviously never got to 209. Avago 315, if it builds below, it can flush. Here was Avago. You can see here's Avago. We talked about this last night in the video as well. 315, right? It broke below 315 and went all the way down to 12 and change. Again, not a huge move. Amazon put up like a five, six dollar candle from the 1880 area and really did nothing else. Again, crowd never got to the 1851 area. First and foremost, I want to congratulate you guys that came in long puts or equity on RAD. I said pre-market, there was a shot. It gets down to 1850. I did not believe it could get down to 15. A lot of you guys from the 2070s area, I actually got along this thing. I got this longest thing on the remount and my highest sales, I think 1890s. It went to like 1917 and it came back up. A quick little scalp here. While I was trading this, I missed this. That's why I'm a little annoyed. I missed this. The 426 wasn't just a trade for a dollar or two. This thing went down $15, literally on a straight line. I missed this. I'm a little bit annoyed. Then I started playing catch up. This is where I just couldn't get filled on enough size. The short of the stock goes down like 75 cents. It comes back in and it spreads me out. It goes back up. It was really a mess. Nice move. A $3 move, $235, $235. Here's NVIDIA. We talked about that $235 area right here and went all the way down to the $232 area. You can see those good values are very, very fast and very, very aggressive. NVIDIA, Bingo, blah, blah, blah. Take some covers. Here's a Vago. Flush, flush, flush. Whoever took Boeing, great, great job. I think that was it. The big ones, everything flushed. There was a pivot that I put into the live webinar. I didn't put on the Twitter feed. You guys saw me. I was actually tweeting it. Big bets, big, big monster bets came in on the options side. I was thinking that $275 calls on Apple. Why was that significant? Number one was in the money, but there was one separate bet of over $11 million and the other separate bet of $34 million. Kind of note to self and everybody else, anytime you see big, big monster, $1 million bet plus, especially in the money on a short expiration, pay attention. Those things tend to light up very, very aggressively. So I know some of you guys took that 290, took that 290, 20 pivot and put it high. So I apologize for all you guys who are on the Twitter feed. This was just done very, very quickly in the webinar. This obviously never reclaimed at 450 level. It kept on trading up to 448, 440 and never reclaimed 450 and kind of sold off. And I think that's it. I think that's it. I know some of you guys caught some of these things. I had a little bit of a frustrating. I just couldn't get that, just couldn't get enough liquidity. It was just very, very disappointing. When you can't get enough liquidity and they kind of bounce these things around, spread them out. It's not trading. It doesn't become trading anymore. It becomes how good of a human being were you in your previous life and the market has been saving. So it's not a game that I want to play. So you have to assume tomorrow you're going to have a lot less volume than it was today. And if you saw today's spreads wide, like at what point, right? At what point, I think we talked about this today. I think it was like at 10, 15 in the morning and I turned around and I asked, I go, when was the last time you saw Netflix trading a 30, 40, 50 cent spread, right? After 10 o'clock, we're 100 share a lot. So you can see Amazon at one point was trading like $1.5, $2 spread. So again, it's market participation or lack thereof. Again, guys, save your chips, have a happy new year, all that good stuff and we'll definitely tackle this thing on the way back. For all you psychos who are trading tomorrow, let me give you guys some ideas for tomorrow, okay? I like this Burl, B-U-R-L, pretty strong, very, very strong move in November, right? It's putting this long consolidation. If this thing could just start building above $2.30, right? If this thing could start building about $2.30, I think it could go. It looks pretty good here. I like the CLI, right? I like the CLI. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? Straight off his personal watch list? Unlock our free PS60 Vault where you'll get nightly updates on pivot opportunities we're watching for the next day's session. Click the link in the description to get started today.