 Ka-ching We saw money geeks Mr. V here welcome to another video guys. So in this video I want to break down some of the trades that I did today I'm just gonna give you guys my reasoning for going into the trade and How I got out of the trade so we actually have three fit here on the board and mRD MITO and LEDS So that's what we're gonna break down to the before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on you content. So let's jump right in here. I actually take a look at the charts here So and mRD. This is the one that we made a little bit of money on so you can see here right that opens I was tracking this one pre-market if you can see here pre-market squeeze here To a high of about 14 1440 somebody right there. So I thought that was good momentum. So I said watching it As the market opens right it open It kind of pulled back a little bit here and I was just watching if you can see look at my Stochastic down here a crosses is showing me this there'll be an upside look at the blue line That K line right there shows me that's an off that uptrend coming. So what I did is right here I didn't take that. I didn't get into the trade. So I got into the trade somewhere around here Because I I'm looking my stochastic But I was when I got in I was actually just hoping that it goes up because there wasn't that much volume coming through So I was just fingers crossed again that the volume comes in so I stayed in the trade here and squeeze up And then to 13 and then pull back some say, oh man I'm probably miss my exit opportunity size held the trade again But my stop-loss was in place and it just squeezed up I got about 13 around 13 point eight somewhere around here, which as you can see If I had waited just a few seconds in the trade I would have made a ton of money off of that trade But again the reverse could have been worse, right? So I could have been greedy here and I take profit at 13 point eight and then you think flushes So I got out here a pullback and I'm celebrating a little bit and then see what happens from 13.5 squeeze all the way to 15 and I was okay with it. I mean like I took the profit here I I mean it's a winning trait. So I can't sit here and be greedy, but I mean I could have made more I just It's just how the market works. So that was that one and then after that it got to that high of 15 54 and that was it. You just look at that pull back and Hasn't recovered since then source right sitting now at $9 and 13 sign So it might squeeze back again sometimes today, but you guys know I don't trade below the web and even look at the volume down here on my chart The activity in the stock happened just right at open. So there are first Hour right at open. That's where we had the most activity had the most volume and after that It's just crumble all the way down. So that's something that you have to be aware of. All right So now let's take a look at MIT. Oh, that's the second one. I trade it. So again, this one Right out of the gate. Whoo. This one had volume coming out of the gate You can see here. So right out of the gate It pulled back a little bit here and then squeeze up. So I cut it right here I think I got in like $2 and some change right here Wrote it all the way to two about 2.3. That's where I got out and then It started just Producing these bar bar quotes right here. And I mean, I didn't feel like it was a good place There was another trading here because look at those doji both on the upside on the downside So I didn't like that. But yeah, it was this is sweet I it was like very quick in and it's a gap up and I got out So yeah, I can't complain about this one But they look at right here This is this is where most people would think because if you look at if somebody was just watching this And you don't have like indicators that you can can guide you into the trade look at still casting right here It's crossing. So my D is crossing to the upside which tells me that this thing is gonna flush Volume drops. It tells me like it's looking to flush, but see the price packed up to 4.4 For a 2.45 excuse me and for most people that are just new to the market if they saw this spike They probably would have jumped into this trade Before this thing flushes, I guess so you see this bike You're like all these things I it's gonna start ripping again But if you look at stochastic right here, it's telling me that this is not going up It's headed down. So I'm not gonna take this trade volume tells me there's not ton of volume coming in Even if you got in the trade and you try to get out you might get stuck in that trade and get flushed with it So I'm like, nope. I'm not taking the trade right here. So that's you that's how you can use Indicators to kind of guide you through a certain trade. So sometimes again, I'm just looking at trades like I see a setup like this I'll just laugh because this is this is one that would make you cry if you didn't know what you were doing Because you look at these like hell this thing is gapping up again because see instead of new high And most people would jump in thinking it's going to keep ripping the next thing, you know, flush is because you're now looking at your indicators down here You can also add another indicator here that might guide you through the process. Let's see if we can add RSI So if you add your RSI indicator that would also kind of give you a guidance as to If this thing is going to flush but here I like stochastic better because the d and And the k-line crosses you can really see that or you can do my d if we If you want to add my d just to give you guys another context Let's take out RSI and just do my d here. So you guys can actually see so like I always said if you look at stochastic and my d they're almost Identical to each other. So if you can see here look at that cross right there for stochastic and iris and my d The cross is pretty much the same here. So you have to be very careful When you see setups like this again when the price spikes and volume drops That is a clear sign of reverse. So don't even waste a second in that trade Try to get out as soon as possible. So and then after that it's just been Crossing v-wap test v-wap fail test v-wap fail and then look at that final failure It just went down Um and down and never really recovered and again guys I don't trade below v-wap just because you you don't know where the bottom is at that point So because if somebody if you if just thing pulled down below v-wap here and you think like oh, it looks like this is the bottom Then you buy it's it starts to move from getting flushes I don't want that so I like to trade momentum I like to trade it when it's headed up the crosses v-wap give me confirmation That's when I'm going to jump into trade and then I tried a little bit on leds That's where I gave a little bit of money back and this one Um, I it was just a little bit of chase because I didn't really get in the trade when I was supposed to so leds And I also got a little bit greedy because I had a little bit of money in the trade And then I didn't take the profit. I should have taken the profit But now I just sat there and watch it disappear. So, um, this one gave a little bit of opportunity right at open Look at that squeeze from 5.2 a squeeze all the way to about 6.5 That would have been a nice trade right about in trade that so I think my trade came in somewhere around Um, let's see my trade came in somewhere around here So I got in and it flushes and hey guys I was in the money about 80 dollars And um, and I didn't put my stop loss because I went in using my hotkeys And so by I was like trying to set put my stop loss and take profit because I was just I was the volume here I was anticipating that it was going to get but look at the mistake I made look at right here And this is a classic case of you not using all the indicators that you have So I'm like trying to input my uh, take profit slash stop loss in the process I didn't look at this my indicator. I didn't look at stochastic and missing that it just flushes and kicked me out Which I was in the morning and it flushes and kicking me out and um, end up with the loss of About 45 dollars. So those are some of the trades and then I mean, I've just been watching this Hasn't made any Other move again, but it pulled back here again This is one of the things if I if I had stayed in the trade I would have been read and then it squeezed back to have 13.4 Before pulling back, but I mean again I want to make sure that I get out when I say I'm going to get out This is not me. Just like hey, I'm going to take a chance You have a strategy follow that strategy set your your stop loss price stick with it I mean leave and die with your own decision as long as you're happy with the decision I'd rather lose money using my strategy than just kind of make some profit With guessing because you cannot replicate guesswork But if you have a strategy, you can definitely replicate your strategy So that's just something that you guys should be aware of And look at it not starting to squeeze back up bouncing off of Vwap here. Wow, that's a nice squeeze so you can see that but I'm not going to take a trade right now I'm going to wait and see because I want to see it if anything I wanted to go test that high of the which is 13.4 Um, but again, I'm not going to jump in the trade. I already got burned. So I don't want to do it again Anyways, that is the there are the trades that I did for the day guys Again, let me know in the comment section what you guys think about is if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content Also, if you're looking to get started with investing Weibo has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage. Stay motivated