[LIVE] Day Trading | Give the Trade a Chance to Make You Money!
Good morning it is clay at claytrader.com. This be a live trade video where i try to capture some of my trades as they play out live, market opens up here in less than one minute gonna be watching, uh tesla out of the opening gates which you can see right there, one quick note if you're new to these videos they are live in the sense of you're getting my real thoughts my raw emotions. And everything, as the data plays out so this is not me recording, everything. And then coming back and talking about it or doing a voice over, you were seeing it for the very first time that i'm seeing the data, so yeah i'm sure i'll be stumbling over my words and everything like that, uh but, like i said you are getting a real life look so right here the market's, just opened up. This is a one minute candle. So just watching tesla here i want to see what it does out of the first opening minute of the. Day. And, we'll uh. So showing some uh. A little bit of strength here. Would like to see tesla bounce up. Some. Let's see what else is going on out there and i'll just let the video roll. I do have a private community if you're not familiar. So if you do hear typing that's just me making alerts and typing to members of the community. Oh come on tesla get back up there. There we go there we go there we go. Okay very nice let's see if this thing can work its way up higher here. No bounce back up don't, nope. Nothing i can do with there we go. 431. We'll see if that can get up over the 435. Mark. And then come back down. So right over here i'm. Potentially. Thinking about, nope. Well tesla not really behaving. As of now. The way i see it want it to behave. Can it stay up above 431.. I am going to go ahead and get. Tesla. 431. Flush oh never mind. I was going to type 430, and i did, so delete out of there, it's too slow just, move too fast. I don't know what's going on with this one. Oh, very. Nice. Nothing i can really do with that one though at this point, gme, also just booming. Fade. Potential. Over, 11.. Yes i'm talking myself, and there goes tesla all, just never. I mean it kind of did i was thinking 431. I was typing it but everything just happened way too fast and even if i wasn't typing up the alert i don't think i would have been fast enough to get it so. Disappointed, on that one. But i'm going to go ahead and pause right now and we'll see if there's anything else i can find. All right well actually 431. Seems to be back in play here so i'm gonna get this alerted here, 431. Flush, point one minute. So that is the level i'm watching, i don't know if it'll actually come back maybe this is the beginning of a much bigger bounce. Hence again these are live. But yeah this thing wants to come down to 431. That could be a very interesting, candle. Here. But who knows maybe this thing ultimately wants to put together a bigger bounce. We'll see what it wants to do. I will go ahead and pause for the time being but that is the current plan. All right watching, 440. Or 4. 33. I'm short there 100, shares. 433.41. I think this thing wants. To. Get moving to the downside.
And If it can crack through that 433. Mark should get very very, entertaining. The question just becomes can it break down through that. Level. So let's see if it wants to get down through there or. Not. I'm going to get that alerted. Tesla. 433. New flush, point, one minute. There we. Go. It does this want to roll back over. That is the question, here. 433. There's the break. Can we get some more momentum. I'd like to see it at least down at 4 32.. Wow that was a disappointing, break don't want to give up on it yet but there we go. All right so took out 50 at. 431.94. Let's see if we can get some more push to the downside. Here. Somewhat of a disappointing, break. There. And i'm not giving up on it i still want to give this thing an opportunity, but yeah this thing doesn't. Didn't quite. Get as much downside, oomph as i thought was possible, given. The setup that had taken place. There. So i made this still could be a losing trade for me. Want to give this thing a chance to see well. Right now it's not looking. Not looking so good but like i said don't wanna you don't wanna freak out or panic. And i get it. If, this does turn out to be a losing trade you can you could walk away and say clay, you you were in the the green, why did you let that go to a losing trade well the answer is because you got to give yourself a chance to let the position work for. You. That's what i'm trying to do here, let it work for me there we go can we get through them down through 431. Come on knock on that door. There we go. So it took out a another 25 so that's why that is why i sat through that little bounce right there because. Had i gotten out people you could very well be saying rightfully so clay why did you get out it it went totally in your favor and you're absolutely right. And i'm gonna. Why did i not get 430, there, all right well let's see if it wants to get down through there again. Maybe that'll turn out to be a good thing. There we go so all out there for 230. Or 200 excuse me 32. Not bad at all. And. I don't i don't think i showed it when i was typing it up but you can see right here. Talked about the new flush point being 433. So for you members that took that trade. Uh very well done congratulations.
Uh And the learning lesson here that i really want to try to hammer home is. There is that point where the price was it was bouncing. Right here and i was sitting oh you know this could be a losing trade. But the reason why, i sat through it is because, you gotta give yourself a chance for the position to work for you and i did and it ended up turning out very very nicely. So sure i was at risk of maybe now when i say a losing trade i don't mean anything massive because again that's the power of mitigating. Right i took off 50 shares here, so not only did i lock in gains at that point but i had also reduced position size which is also helping to control, risk. So because at that point, yeah from a mental standpoint, it can be discouraging, to watch a winning trade, all of a sudden be a losing trade holy smokes. All right i got never mind. Wow look at boeing just go, all right nice somebody alerted that good job, austin. Right there you can see and that's this is the power of, working with. A community. So i totally didn't see that one but austin did so other members were well aware before i just noticed it, but that that's a good. I don't know shame on me for not noticing well i kind of know why i'm trying to do a. Learning lesson here. But. 159. Anyways, point here being that's why you want to let a position work for you just because it starts to go against you a little bit no need to freak out, just, trust the strategy, trust the chart trust the plan. And things can ultimately play out so yeah two hundred. Thirty two dollars, on uh, quote unquote only 100, shares. Uh so i'm more than happy with that i'll take it let's see what else i can find. Having an order to go short 100, shares at. 192.85. I want more than 100. As i think this movement right now is getting way overdone, especially you look at the five minute, that thing is, crazy. So 100 shares will allow me to get my feet wet. Went up as high as 190 260.. Okay so at this point just need to get up over 193.. So 190, 350, new, entry point here initial entry point like i said want more than the 500, or excuse me want more than 100. Well not certain to pull back so. And as you saw my orders at one night my original order was at 192. 685. And you can see right there on my screen if you're not familiar, went as high as 192.60.. So i was close but. Close is not good enough in the world of. Trading. B y and d though that thing is just continuing, to. To grind. I guess volume's, okay. Not. Fantastic. All right i'm gonna go ahead and pause. All right wow that happened super fast, in there, at, 190. Wow that happened, i apologize. That happened. So so fast. Uh but as a quick recap, there, i got short at 190, 350. For the 100, shares. Uh but actually. Worked out in my favor because i was looking just for 50. Meaning if i wanted to drop in my favor 50 cents, that would have been fantastic. But because everything happened so fast because i wanted to get the video rolling. And i was, caught off guard, by the time i was able to get my order in there to exit, it had actually gone another 18, cents in my favor, which put 68, dollars, in my pocket instead of 50, so, that little hesitation, that little kind of.
Uh You know being caught off guard, actually worked in my favor by 18, now unfortunately, it doesn't always work that way. But. In that situation, fantastic, how high did it go. Almost. So almost. 17, cents beyond me so fantastic, little movement there now again. I wanted more than 100 shares, in hindsight. Clay you should have done more than 500, up there yeah you're right in hindsight i should have done that but. You know i didn't know that it was going to go that fast in my favor. But it worked out very nicely there. So let's see if it wants to continue on up the five minute is still pretty crazy, i would not be interested though now unless it gets up over 194. But there we go another 68 dollars in my pocket. All right i like tesla, here again. Round two. Try again. 430. Flush. Point, one minute. Uh but what i mean by that is over here you can see where was it. Uh oh yeah roku tried to talk about around two 425. Flush point but 425. Never came into play, uh so that is why i'm again i'm just, referencing, the round two, try again 430, flush. And we'll see if that. Oh shoot it broke down below 4, 30 already didn't it whoops. That's the second time i've missed that isn't it. I'll keep an eye on it maybe try to get it on a back test here. But. We'll see if it wants to consolidate, out here. Looking like 429, is going to be that. Next. And what is that yeah 429. Maybe i'll wait and see if it wants to get down there to 429. Before i enter. 430, once again looking pretty good let's see, let me yes i'm talking out loud. 432. So if i'm at 430. That's uh 1500. So i'd still be. I don't realize i was up i'll clean 300. Right now. But if i'm wrong. Let's do 50 so if i'm wrong then that would be a hundred dollar loss still be up 200, on the day that's not terrible. So in there, at 430. I'm risking, around, a hundred. Dollars. Well there we go going in my favor. Let's see if we can get it. So all out there nice, for a quick, fifty dollar score there. Uh. I realized, i was risking a little bit more than what i made. But given that it moved that fast in my favor i just decided to take it uh but. Probably not necessarily, the best thing to do but, again, given the context, of things. Um, and again that's why, yes from strictly, a risk versus reward standpoint, you're right if if you if all else is ignored, clay you said you were risking 100, but you only made 50, on the trade.
That's Correct but. Got to think about the context. I was already up. You got to factor in the time context right that went my favor so quick, i mean why not because i mean in all actuality, now i could probably take it again, in fact i made down there at 429.. And that as that seems to be the key level to watch. But again got a dollar move in my favor, very very quickly. So because of the time at, aspect, for me. I felt comfortable doing it but i i do see your point i understand your point. Oh, roku, okay never mind we can. Uh let's see here let's go to 1. 195.. Uh just double checking, so 195. Again i will start the process, up there, by process i mean i would like more than 100, chairs but, this will at least get my feet wet here. Although it is 1004. I don't know if i i mean i've really been lately striving to just be done by 30 and within 30 minutes move on with my day, which as i said in past videos. Um you know i i like day trading i like being a day trader not because of all the, you know the late night gimmicks. Fancy cars and mansions, and yachts, and, rolex, watches not know that for me it's freedom of time it's the the ability to say hey. I've been quote unquote working, for 30 minutes, i'm up 350. Dollars. Are you happy with that. You know where in the world can you make 350. In 30 minutes and not many places. So for, me. I don't know. I mean there's just, tesla again, coming into play. 429. Is still very interesting but it's just really a question do you want to sit here and wait and wait and wait to see if this thing comes back down. And i'm not quite sure. Well that gives my answer you can see roku is now pulling back. Tesla, is actually coming down here. But not really. In the manner that, yeah wow that level. And kla. So much stuff going on right now. But no shares to short of this one, so. Not totally interested in. That. Would still like to see 430, fail to the downside, more that was a flush point. Uh so. There i'm sure there's some members in here that are still patiently, waiting to see if this wants to crack to the downside. Uh yeah, it poked its head upwards a little bit but nothing, where, uh at least i can see that should have caused anybody to be stopped out, i mean especially with this volatiles, tesla as i mean it you know just, right now this is just choppiness. So at this point i am kind of watching this and rooting for it to die, for members. So at this point there we go get down through 428, give members at least a two dollar. Yeah, four. It should get down to 428, now it's broken down to that level. You got to like the odds of that happening. And i would like to see that happen for members. Also. Granted they've had a dollar move in their favor but depending on how they're playing it if they were playing it for a scalp and the members that were playing it for a scalp they were perfectly fine like they're they're. All good. Members that are you know trying to let this thing play out. Uh they're still i wouldn't quite say i'd like to get down to 428, for them that give them at least a a. Two dollar of cushion. So it's all just a a, matter of well you know what was your strategy, going in and, my, my membership, my group we're not a bunch of sheep, we're i, i train wolves okay i want wolves i don't want sheep, and a wolf is some a wolf i don't know what the right. Uh. English language. Word for that is is it wolf or is it wolves, i don't know but my point is i want people that can think for themselves, i want people, that say hey clay, just show me where the fish may be but then i'm going to go take it from there.
And, In this example the quote-unquote, fish was at 4 30, so how they're playing it from that area all depends, like i said people that were, the wolves that were doing the scalp, they're perfectly, fine they got a fantastic, nice scalpable, move, for those that are wanting this to move a little bit more in their favor. I went down with those 428, 35. But not quite where, uh would want to be so. I'll go ahead and pause look around but at this point like i said i'm totally. Just watching this one for the sake of members and seeing uh hopefully they can hopefully it plays out well for him, but i'll go ahead and pause and uh then we'll take a look later. I will say that even if they do take a loss. Or it should really be a minimal loss given they've had it go on their their, favor a little bit but it could still be a loss i'd say. Well done because if if the price does get down here and it looks like, 428.75. That's gonna be the level that. For level twos if you watch this number here and if that number drops below. 428.75. I think those members that, uh you know are sitting through a little frustration, right now, sitting through a little annoyance. They're going to be paid very very nicely. Now and that might not happen, and they might be taking like i said a small controlled, loss. But goes back to the very beginning. Example, here and. I love how this stuff works itself out that's worth it right they are giving themselves an opportunity to get paid in a very nice way but, in order to get paid sometimes you got to sit through a little bit of annoyance, like this, like i said, 428.75. If that number. Again from over here if that number drops below, 428.75. Then i think those members are gonna get paid, nicely. As it should at minimum go down to the 428. Mark. If not even lower but again will that happen that remains to be seen but, they sure have themselves in a nice situation, where. Uh you know. They're either going to get paid very very, nicely. Or they're going to take a you know a controlled, loss live to fight another day. And i mean, you also have to keep in contact, that. All these members i'm sure. Are using redis, uh reduced position size because there was 433. So this was the round two trade round one was 433. Which uh you saw went 433. All the way down to basically 423. So basically a 10, move right there. Members already. Had a chance at. So this was the second trade and yeah now it's bouncing. So we'll see. In fact. If it rolls back over. That would be. What is that yeah 429. 429. That could be a 200. No now it's bouncing upwards, well. There's old tesla for you so probably. I'm not i can't speak for all members because everybody's different, but right there that would have been depending, for the scalpers. That was a winning trade for people that were trying to give themselves the opportunity to get paid more. Um. You know that was definitely a losing trade but net net again when you combine the fact that this was round two, round one was a ten point move, and even if here let's just say they lost three points. You know that's that there's still plenty of wiggle room there in their favor but, it is what it is, and um i'm not gonna sit here and try to say that every single alert. I throw out is a winner but like i said it all just depends, because when you think for yourselves there is multiple ways you could have played it and for me it was a winner right i. I took the quick scalp. Uh and in hindsight, uh you know where i made the right decision, for other people that maybe wanted a little bit more they didn't make the wrong decision, they were in a very nice spot it just didn't you know crack and roll back over for him. Uh but. Yeah good little example there. So i i suppose. Yes now it's 10 12.. So i am definitely just gonna wrap this up here if you are interested, in getting the the very same alerts that you saw here, i had some fantastic, ones especially that first tesla. Uh just. A 10-point, move pretty crazy but if you're interested, in getting those alerts, you can join my community claytrader.com. Forward slash team, and the way to approach that 99. Not per month but per, three months. Is and the numbers break down eight dollars and 25, cents per week so the question just becomes, if i invested 99, to join do i believe i can get at least, eight dollars and 25, cents per week, of value. I'm quite confident you're going to get at least eight dollars and 25 cents per week of value. So but if you think that's going to be the case also then yeah go ahead and get signed up you'll get a great great return on your investment, as far as this video is concerned if you enjoy these live trade videos and want for me to continue to make them, then just hit that like button that's a very timing efficient way to communicate that to me, questions, comments suggestions, please, please leave those down below, if you've ever watched any of my past videos and you know that i do read and reply to all comments, and then finally, check out the channel as a whole there's lots of other live trade videos there's a good variety of videos.
So Check out the channel and hopefully you ultimately decide to hit that, red subscribe, button but again if you want to trade alongside, me get my real time thoughts watch list alerts. From me and other traders then like i said claytrader.com. Forward slash team i'd love to have you join up as a member. First off thanks so much for watching the entire video real quick before you go, i want to invite you to a live webinar, web class, training, workshop, online event, whatever you want to call it but it will be me, live, revealing, to you what i discovered, that has allowed me to transform, myself from being an employee. To being my own boss, including. How i had only one losing day out of 73, days in total, i'm going to cover three keys that have helped me, unlock, profitable, consistency. Within the markets. The first key is super weird, but in a productive, type of way, the second key is super awesome because it quite literally, is wired into our dna, as humans, making it very easy to use, but in a cruel way, this becomes a pitfall for many traders, i'll explain it all though, including, how to avoid the pitfall, that it creates for some, and yeah the third key when you hear it sounds way too good way too good to be true but it's not and i'll show you, how it all works then at the end i open it up for a question and answer session that is again, totally, live, even if you can't make the live session, please still sign up as it will be recorded. And you can go back and watch the replay, that i will send you, click the image on the screen or click the link down in the description, box, so you can get the date and time and claim your spot, which i should note is limited, due to the fact that this truly, is a live event, if you have any questions. Let me know if not, i'll be seeing you soon.