 Welcome back traders, this is Thalso from CybertradeInversity, hopefully you guys are not all stressed out what's going on with everything with Reddit, the big short going on, which is absolutely BS what's happening to the people. I can't believe that there's a set of rules for one group of people and not a set of rules for people like us on Main Street, but I'm glad you're all involved because that's why you're here, you're here to learn, and you're here to figure out, you know what, I'll get, I'll obviously see what's going on, so if you can't beat them, join them. I know how you feel, like I said, I've been doing this for 25 years, I've been through a lot of it, I've been through 2000 when they changed the rules, so I do want to point out something very important to you. I want to show you a little bit about what to look for before you do a short, because I know a lot of you thinking like, what's going on, if I can still get a short, well let me just clarify a couple of things. First of all, what you're seeing right now in the market has nothing to do about the stock, okay? It's a lot of options trades. A lot of us obviously can't afford to trade a $350 stock like right now, what GameStop is doing, but what you could do is go trade the options. It's the options that are actually affecting, because if you guys trade the options, the person is obviously selling a naked short, you know, or has an option out there, but he's got to cover it if somebody executes it, and naturally it's fueling the fire, but for some of you that think you want to trade the stock, I want to bring up the stock really quick, and I want to show you how to protect yourself to make sure, can I even get the short off, because you could do it on the option, but you also want to check on the stock. Now remember, there was a rule that was changed in the New York Stock Exchange regarding about no more naked shorts. Now, they could put an option order out there, but you know, and if they get executed, they got to cover it, but until then, that's what's really fueling the fire, if you know what I mean. How I know this, I've been doing this for long enough, and trust me, the rule's going to change. I hate to tell you this, but be prepared. Congress is going to probably change the rules. They did it with the $25,000 day trading rule. They're going to probably put some regulations on the option. This is how it all started. Now, what makes today very unique on a Friday is that this is where options expire. That's why you're probably noticing a lot of news that came out yesterday, which like I said, it's bull crap that they can actually lock you guys out so they can get protect them and we get screwed. But listen, I want to tell you how to protect yourself on an options, and I want to tell you what to look for. Now, I'm just going to bring up an execution system here really quick. And right here, we're looking at, I want to look at the stock like GameStop. Now, I know a lot of you are probably thinking about shorting the stock, and please remember, not every stock is shortable. You could only short what somebody, your brokerage firm has to lend it to you. So you could sit here and analyze all you want and all of a sudden, and you're like, I'm gonna do the short, I'm gonna do the short. Next, do you know, there's no short out there. So I just want to give you one little tip of the day. When you look at your execution system right here, you'll notice that I'm using a direct access broker and I'm using the ECNs. If you want to know more about them, go watch my videos. Very important, you know what an ECN is. It's an electronic communication network. It allows you to become a market maker, allows you to make, put bids and offers out there. Now, on GameStop, let's say we all know GameStop's not worth $300, okay? This stock is not in the level of Tesla, whatever it is. It's all about what's happening with the catastrophes happening with the market and with Reddit, but if you did, what you wanna do is you wanna click on a number that is out of the money. Now, the stock right now is trading at $329.80. I'm going to put a limit order short. I'm gonna short it at some ridiculous expensive price, almost like an option, like adding the money. So I'm gonna put it in order out there at $344. Obviously I'm not gonna get executed. It'll be nice, but it's not gonna happen. And I'm gonna go here and click on the short button. Now, when I click on the short button, you'll notice that I got an error message. Right here it tells you the security is not shortable. Guess what? You just got screwed, okay? You just got screwed. You know what? Maybe I'll short AMC then. You know AMC is not worth what it's at, but we all wanna go out there and try to short it. So I'm gonna short it out of the money. I'm gonna go short it at 50 cents out of the money, right? I'm gonna click short, right? Guess what? Says right here, security's not shortable again. Why is it not shortable? You know what? What about the KOSS? That's up 38%. That looks like it's a big going down. Actually, if you look at KOSS, let me just bring over to level four here, and you can see that there was a 30,000 share seller right here right out of about $100. Another 14,000. You see all those red bars? This is called level four. You're like, wow, you know what? This stock was at $2. It went to 100, obviously has the same story with AMC and all with GameStop and Blackberry and all of them. And you're like, you know what? Maybe this is the crash on the stock. I wanna short it. I see it out there. Let's go out there and test it. Gonna click down and do a short. I'm gonna type $90 out of the money. Click short, bam, guess what? It's not shortable. What the hell is going on? Because they're locking you out. They're locking you out, they're not letting you short but you can short on the option market. Just be careful, you know your spreads on them. Now, just to show you what is shortable, I don't know, let's look at Apple for crying out loud. They'll let you short Apple, right? Let's short Apple out of the money. Let's go out there at $31.50, right? Or a little bit higher. Just make sure that we can get the short off. I'm gonna click short. Oh, congratulations. I got a short out there. It says accepted. What a coincidence. Apple's shortable, not the other ones. So the tip of the day is this. If you're gonna consider shorting and you know you probably wanna short because Wall Street does it and it's fair to them, it's not fair to you, look what they're doing. They're not allowing you to short the stocks that you want to. So hopefully the rule changes. All I'm asking and all I'm saying about doing this video is make sure that you learn from this. And if you wanna short, which you don't have to short these, there's a lot of the shocks. Just make sure you check before you do. Don't go do the short list. Don't go call them up. You don't have to. All you gotta do is put an order out there and the system will tell you immediately just do it out of the money. So hopefully you enjoyed this video. Like us, friend us. Join us every morning here at 9 a.m. on pre-market, the pre-market live show with Trading With Me and we'll find these stocks that we could trade every day. And if you wanna come and join us in a live trading room for a one week trial for $9, that would probably be better. But thank you very much. Thank us, like us and be safe.