 What's up everyone? It's Tom Diesel here. I hope you guys had a great weekend. Yeah, and this week I want to kind of go over Feel my trades, you know that I took, you know also Kind of more like a trade recap on those and Also to answer I think, you know one of the questions a lot of new members been asking lately Or like, you know, I've been receiving a lot of DMs regarding this issue, which is the liquidity You know, if your stock is liquid enough liquid illiquid or whatever Or like, you know the volume for the low-hanging fruit, you know, what is my criteria and On that so and you know, basically like more like a basic stuff regarding liquidity. So yeah, let's Get on to it. I'm gonna bring up the chart here I Took few trades. I mean, you know, I'm not gonna go over Trades I took from Monday to like Friday. So, you know, it's just really doesn't make sense You know, you guys seen me posting a chart in main chat So I'm just gonna go over the ones that I took on Friday You know, this is like more like a fresh Ones that you guys can still remember the ticker So the first one I'm gonna go over DD I mean, this is like total, you know, non-niche for me and I took this trade, you know near the open, you know, I was thinking about 950 line, which is I think the pivot here as well No, it's more like It's more like, you know Who in half do a mark? I Try Putting on the wrong one This one Yeah, DD here trying to take out, you know, this into 950 I mean, I should have, you know, probably the thesis is more valid if I took a near the red to green You know kind of, you know Place here 986 and once a reclaim I should have stopped right but Yeah, and you know, it really doesn't matter anyway, you know, so if I took it here or here, I'm gonna Get stop out anyway, right, you know, because I Completely forgot about the fact. Oh, it's like, you know Once I took this trade and I realized that that wasn't my niche because of the market cap market cap was 60 billion so this is more like a, you know, a large cap company and I shouldn't be trading this at all. I shouldn't be placing this trade And the moment I got in and then, you know Asked myself. So what was my edge right here? And And I immediately realized, okay, so this is like 60 billion company, you know, this is not In my playbook I shouldn't be trading this the only time I would trade large caps or like, no, you know the big market cap Company is on the first red day and that's it, right? And uh, this is more part of and you know, like more like formal for me Uh popping back, you know from Almost like 910. I was thinking, you know, broken stocks, right? I mean likely It's gonna get to this line and then, you know rejects see, you know Pretty a big sell-off here rather than more like low hanging fruit to me But uh, you know, I I shouldn't take this trade at all Yes, I mean, you know, if you were patient enough for this line 1030 Also 1060 here Yeah, you could have banged right but uh, I just don't want to kind of, you know stress about it and Just want to show like this is like a really More like a formal I got in but I realized right after that. I shouldn't be in this trade in the first place So I took it off right away Yeah, but as you can tell here like 10,000 20,000, right? So you're trying to get it three and get out at, you know, 2.8 here If you're using 100 shares, you know, or like 500 shares You're gonna get in and get out really with ease. No problem with that, right? But if you're using like 10,000 50,000 100,000 shares Yes, you're gonna have a problem Okay, unless you're hiding size Or like you Skelling on the way out maybe, you know on every like 1 cent you want to get out like 10,000 shares like, you know 1,000 you're gonna split your orders into like 10 or 20 orders on each 1 cent, right? So and I've been getting a lot of questions about liquidity from a lot of new members I mean, so It's like you really need to ask yourself. I mean, is it really that important to you or not? Okay, uh I would say the only thing you should focus on is The Like like the level two here, right? Like the The liquidity like if it starts liquid or not, I'm more like I care more about on those The the spread basically, right? So let's say amazon I mean if you see a spread this might not be example You know, if you see a spread something like, you know 3000 like 3300 here and 3000 for you down instantly like, you know 100 bucks Right, and if you slamming, you know the bit or the ass you do down like either way on that You know, so that is the the spread that you know, I worry about the most So which is like, you know, you can tell if stock is liquid or illiquid, right? So if the spread is way too big Yes, the stock is illiquid Right. So not a lot of, you know volume are coming in not a lot of people Trading this one. So that's why you have a, you know, really widespread between the bit and the ass And you know, which is, you know, really illiquid And on something like no naov You can see here, you know, this is like after hours now But 244 and 246 is just two cents, right? I would say this stock is liquid enough For you to get in and get out. Also, you know, the spread is not that big So if you are new members or like if you are new to trading, this is What you need to look at the spread between the bit and the ass, right? You don't want to be getting in something like let's say 1.94 and 294 Right. So it's like a dollar spread. So if you short and you slamming here at 194 To get in you down instantly a dollar already. So whatever size you're using 1,000 share I mean, I don't think on something a widespread like this is going to fill you with that much, you know shares Okay, usually on those illiquid stock the widespread There's not really many volume at all Maybe, you know 50 or 100 or like 200 something like that So to me, this is what I'm looking at the most If it, you know, has a, you know widespread like this illiquid style I don't want to be trading those, you know, it's really hard for me To get in unless I'm using really fantasy order And if it's widespread like this likely there's not much volume to even begin with, right? But if you see is like even, you know on something like NAOV as a low hanging fruit or like, you know on Acer