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Hey guys, it's Harry Haas here and today I'm going to be doing a video on when I personally stop longing. This has been kind of coming up a little bit, so I thought I would make a video on it. Well, I'm not a licensed financial advisor. This is purely for entertainment or educational purposes. That's pretty much it. It's not investment advice, even if it may seem like it. So without further ado, let's get into the video. This topic has been coming up a little bit. So basically the way this video is going to work is I'm going to give two trade examples showing how I kind of used what I'm talking about here. I'm going to also go over my day two rules because there was a day two play this week, aka ER, where a couple people did end up getting trapped on it, unfortunately. And I'm going to show some rules on how to prevent getting trapped on a day two stock also. So it's kind of like just a mixed video. It's more so just how to long safely. So I thought that I'd start out with the window of opportunities during my day. So basically what I found and how I've kind of found my P&L kind of works is that in the morning between 9.30 and 9.45 is when I'm making probably most of my money. It's when I'm sized in. It's when I am able to help capture some of the good range at the open. And I find that between 9.30 and 9.45 I'm getting a lot of opportunities. It's where most of my money is being made. Now between 9.45 and 10.15 I'm still seeing opportunities but I'm trying to force less and I'm also starting to size down a little bit because I know that some money will be made between 9.45 and 10.15 but the quality of ideas that I'm coming up with in my head and the trades I'm taking are, you know, they're getting significantly worse. So I'm just kind of aware of that because just with my personal stats this time window is when I'm making the most of my money. This time window is where I am still kind of making a little bit but just not a crazy amount. Now between 10.15 and 10.30 this is really interesting is when I get significantly less opportunities or when I see significantly less opportunities and this is a time friend that I know I'm likely to give back gains I'm likely to try and you know all the emotional stuff that kind of comes in with trading I'm saying to myself oh well I could have made more on an earlier play or I could have done something better or I could have done something different or oh I should be up more money or all those things that come into play. So this time I'm really cautious trading around 10.15 to 10.30. Now 10.30 to noon is where it's either I'm getting no opportunities at all or we have a hot chicken play where I can size up a little bit more and take advantage of a zombie and that's kind of what I do. If I don't see any good zombie opportunities or you know any stocks in play or stocks that are not are not doing you know good volume I'm probably going to walk if if I don't see what I like and this time frame is kind of 50 50 for opportunities for me. I'm either going to see something or I'm not. So I just thought that I'd kind of give a good window of opportunities during my day because a lot of people have kind of been asking me like what's your day kind of like can you run me by how many opportunities are you seeing a day or you know I get a lot of questions like for first bounce like when am I going to see the most opportunities or when do you like to hit the gas and then when do you like to slow down. So I thought that I'd kind of just kind of show what my day is kind of like according to my own statistics in the in the in the training session. So now let's kind of get a little bit more into the video topic. So reasons why I stop long longing reasons why I take profit reasons why I walk away. This would probably come into more of the the walking. So I know that at 1030 I'm either I need to walk by 1030 and this type type of time window or I need to stay and keep training. And that's basically kind of my own idea. It's just kind of what works for me. I know after 1030 is a time where longs can take control but if there are no good stocks in play and no good opportunities then I usually just will walk. So basically reasons why I stop lying would be signs of backside. So any sign of backside or any sign of weakness and I like to go out and I'm going to show some examples. I think I have already shown some examples in prior videos of things like the death line etc. where I don't like to long but so any signs of backside you know making it significantly higher to long. So if maybe every single every single pop is getting sold into if we're getting a series of higher lows if I'm seeing volume decrease if I'm seeing the stock below view app if I'm noticing that it's having a lot of trouble going higher heavy tape. Now this is more of a kind of acquired skill the more you trade the more you'll kind of understand this because when I first started trading I was like oh you know any red on the tape and like this stock is definitely done. That's not really what it means heavy tape is more so there's a lot of selling and every pop is kind of getting sold into so it's basically kind of explained in this video and you'll kind of see you'll notice death line. This one obviously you can tell anyone who bought above this area is now trapped. So obviously the one time it pops you're going to have a ton of long traders just looking to get out hoping just you know to minimize their loss as much as possible as it keeps climbing down this one where all longs are trapped and there's no lines left. This is kind of similar to this one as well except this one's kind of like a downtrending stocks these these stocks that downtrend I know Alex talked about it it's so funny because I made a video my last video of you know longs to avoid and all the longs that I don't like and I was watching an MIC video and he's like I love those stocks that downtrend pre-market I'm like yeah well I don't like them because those aren't my type of pattern but it's funny how you can see the stocks that I love are the stocks that you know Alex is like no it's an avoid and the stocks that I don't like Alex is like oh man this is a prime short setup and it's that's an example of longs working together and it's so funny because when Alex had a day where he made $62 that was a big day for me but when Alex had a big day it was a day where I made less so it's kind of funny how the market changes and how every day is not going to be a big day so that's just something that I'd also point out as well this is a day to rule I thought I would share this is this video is more so kind of like a recap on this week and the almost last week as well because there were kind of a lot of things that were going on and there were a lot of lessons so on day two this is one rule that I thought I would share and basically my rule on day two backside is you know any especially day two as well because day two you know it's been up for two days so you should be kind of getting a higher time-trained pullback you should be looking to kind of you know there could be an offering there are a lot of things that can happen day two day one we know that the stock if it is going to pump that's the time for it day two this is more the dump day day three I honestly will not touch and so basically my rule for day two any any backside I'm out the reason being is that they can dump hard once the crowd starts bailing this was actually a message to a member was a comment back to a member and I said sorry to hear about the offering and use it for a lesson for next time and you can develop rules around this so I thought I'd kind of share this message comment that I had to a member because you know day twos they're they're very very very unpredictable and this is kind of why I made this slide because I realized I never really talked about days day two as much as day one so for day two it must be the hot chick it must be doing good volume it must show signs of strength it's got to be above view app and I'm looking for a quick type of move I'm not looking to get married on display it's not a hold I'm not saying it's going to the moon and I'm not I'm not looking to so the zombie hours kind of gets tricky with day two because with day one zombie hours it's like well it hasn't really sometimes it hasn't made its full move or sometimes it hasn't made its full pump but when you're longing into into zombie hours and the volume is fading on day two the odds are very they're stacked against you so on day two I would not be looking to long into zombie hours like there might be one exception where we have a super low float and you know the stock's going crazy but honestly those happen like like at most once every two or three months so it's really important if you're just trading day today for consistent gains every single day that you know you don't want to be trying to long into zombie hours if the stock is fading the edge is just against you and I wouldn't necessarily recommend trading new day two if you're new and I wouldn't recommend trading day two in the pre-market or the afternoon I know that we have some people who who just trade at the open we have some people who long pre-market as Alex says pre-market is really just FOMO but we do have some people like if if you're just really looking to scratch the itch pre-market this is not the the stock to be doing it on because you have a lot of offering risk I also point this out is that sometimes you can not predict an offering but you can say okay now the odds really aren't in my favor for a long and you can you can kind of see this watching Chicago's videos on fundamentals like sometimes they'll have an s3 but it's not an effect and they'll use that s3 to dump shares I'm not really a fundamentals guru I'm not really you know guru and anything for that matter but I'm not really I'm not great at the fundamentals because day to day for me it's not of a very important part of my trading because I'm just trading technically off the lines so anyway thank you guys for watching I really appreciate it if you have any questions let me know for sure I'm always in chat I'm always around and I just like to say thanks a lot to all the members for tuning in and watching and I'll be back next week with another video thank you so much for watching our video you want to see more of our videos please subscribe to our YouTube channel by clicking the button here we do our best to post a new video every single day if you have any questions about MIC or 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