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Live Day Trading – Trade Gone Wrong. Loss Control Mode.

good morning just clay at clay trader.com this will be a live trade video where I try to capture some of my trades as they unfold live market opens up here in less than three minutes so let’s see what happens have several orders out here on the open so I’m gonna watch ye TI out of the gates but in the event I may miss one of these other orders so if something down here in the order box turns to green that means I got filled on it I’m like I said gonna put several bobbers in the water for the opening which is in about 30 seconds alright I have an order at 53 25 here on geo OS for my first 500 shares this one’s a very quick mover and that fast right back above 54 so I will do my best to capture it on video but like I said very very jumpy one all right have an order at 585 here on Sol oh how low did it go there 588 alright I’m gonna stay there at 585 though okay I got those from my initial entry point we’ll look to pick up some more at 555 and 534 all this thing’s gonna get halted great oh here comes the halt and halted great I love getting stuck in halts alright well we’ll see what happens tricky part about the halt is you don’t know when it’s gonna open back up so it’s been several minutes now still not open but we’ll see I don’t know when it will open but we’ll see alright it is back open up here I’m gonna put in an order down there I did move my cell order to 580 so we’ll see how it wants to act here that’s why I only going with the 500 shares keeps things manageable oh just lost little chart service there for a second it’s like I said I’m gonna put some down there at five and then also 485 whoops no that’s not for 485 so five and 485 my pics I’m up here at 535 given away the price is acting right now looking like this may be some sort of attempted bottom here I’m not quite convinced so I will go ahead and pause for the time being all right making a move back upwards or I should say at least attempting to make a move back upwards I’ll keep you updated I’m gonna try to pick them up at that 535 mark if it does want to drop back down there so it’s close alright I’ll pause again alright moving down towards 535 but once again nothing alright never mind they’re gonna pick up some shares at 525 all right I got those so we’ll see if I can get some more down around that area of the chart so still just a thousand shares nothing nothing big at all so still have orders to buy down at five so looking like I might get those at five a chance at least it’s working its way down there come on come on so close all right well if it looks like it’s gonna work its way back down there I’ll get the video going again at that point okay I got those at a I’m gonna get those at nice let me try for some more down here got those at 485 let’s see if it can get back up above the 480 ish mark although another halts looking like it’s coming yeah I know their Hall it’s gonna hit in fact is it gonna let me out probably not nope halted alright it’s stuck in another one again it’s been a few minutes and still no idea when this is opening up so that is uh you know the downside of the halts so I’ll do my best to keep an eye on it and we’ll see when this opens back up alright it’s back open I have some orders out at 5 and 505 so let’s see if this thing wants to work its way back up above the five dollar mark so it’s working its way up there there’s five alright that’s if it wants to work its way up a little bit more trying to put an order up there at and at this case all out there $235 loss might have worked out but I just got stuck in the hall and I had to go in a lost control mode there and hindsight here may really be kicking me in the pants because my average was at 516 so theoretically if I had held I’d be in the green right now but you can’t play games like that you can’t fool around and in that situation it clearly wasn’t going nothing to panic about which is why you know I like to start with the 500 shares I get it sometimes trolls 500 shares how you suppose well this is you know this is one of the good size of 500 shares meaning that I got in with let’s say a thousand shares or something at first you know that loss could have been a lot bigger so given the circumstances thank you government for halting and just not letting this thing trade could have been a lot worse but $235 the beauties of a halt and just to add a little salt to the wounds I remember my average at 516 and now it’s up in the so oh well that’s what that sign said for you and the pain is real I’m not doing this to complain or anything like that I’m doing it to drive a point where you’re not alone if you’ve ever been in this situation where you honor the system you honor a strategy you control risk and then all of a sudden everything just goes and it would have been okay I know but something I realize you’re not alone it happens everybody myself included and that’s the whole idea behind these live trade videos is to show you just the realistic side do I really want to post this to youtube not really you know that I know the trolls will show up a why did you that you could have done that as they judge me in hindsight but it is what it is but the people that watch these with you know how they’re intended to be watched hey you’re not alone we’ve all been there well done to you if you honor if you’re honoring your rules of your system because yeah this happens to everybody where you get out and then all of a sudden oh I would have been okay but that’s okay that that’s part of the part of trading it’s actually after-hours here going to see if there’s any sort of worthwhile opportunities Nvidia actually has their earnings so that might present an opportunity to to pull some mark profits on the market also Apple all of a sudden I don’t know why but just fell off a cliff here and after our so gonna keep an eye on this one but waiting around for Nvidia to release their earnings so let’s see what happened all right have an order to short 100 shares at 165 on NVIDIA earnings are clearly out so let’s see if we can get up to 165 all right I’m at 165 or excuse me 166 for 100 shares and one up is high is 165 90 okay I’m at 166 50 now I went up and hit as high as 166 39 let’s see if we can get back up above 166 there it is nope and just stopping there literally you saw it just literally stopping right below where I wanted so I’m gonna go up to 167 50 okay there’s the break let’s see if it can hit 50 or not all right gotta go to one oh and I am NOT moving from that spot I feel very good about a 168 50 entry point so let’s see all right there’s the break of 168 there we go all right so we’ll look to build some more or if it wants to give me $50 I will take that let’s go to 169 95 for my next entry point just a hundred shares and I am out all right yeah let’s see 1 69 95 double-checking ok put an order and up there and let’s see if it can work its way up well I’m gonna go ahead and wrap things up I need to move along with my day and yeah this was a losing day it happens got bit with that with halt so close down 185 with Commission’s probably right right around not 195 ish on the day give or take but it is what it is and like I said I’ll be honest I do not want to post this on a youtube but I hit that record button therefore it is going on YouTube and I guess bring on the trolls but it is what it is yes everybody takes losses despite what they may try to portray but it’s all about just managing the losses and keeping them small and you know we’ll just call – 195 I’m very confident that I can dig myself out of a 195 hole I’m over time so as weird as it may sound yeah I’m happy that things that are manageable right that things were kept under control if you are interested I these are always goofy kind of after I take a losing day it’s like well why would anybody want to sign up or anything but I’ll still throw it out there if you do enjoy these videos though and you want me to keep making them click that like button that’s the easiest way to communicate that to me check out the channel – lots of other different types of videos on there if you are interested this is the goofy part about trading alongside me and other quality traders then I do offer a chatroom you can go to clay trader comm it’s only $99 per year if you do the math it breaks down like eight dollars and 25 cents per month or dollar 90 per week so I mean come on as I always say over the timespan of 12 months I’m more than confident you’re gonna get at least 99 dollars worth of value I’m not exactly setting the bar high but hey it keeps out the pumpers it keeps out the trolls and we have a nice little community there and then finally if you’re interested again this is kind of goofy but if you are interested in learning how to control risk and stuff with charts you know how to trade with charts then yeah I offer video courses on that again just go to clay trader comm so losing day but it happens and tomorrow is a new day thanks for watching one of the biggest questions I get is hey clay how do you find the stocks that you trade so what I’ve done is put together a free resource guide where I talk about the tools that I use to locate stocks that I find interesting and think may have potential so if that sounds like something that could add belly to you as a trader then click on the image that is up on the screen right now and I will email you the guide the guide itself is very short and to the point and best part it’s completely free thanks for watching the video let me know if you have any questions

Live Day Trading – Trade Gone Wrong. Loss Control Mode.

Sometimes trades do not go according to plan and “3rd party events” happen that throw a monkey wrench into the equations. That’s what I had to deal with in this online trade that sent me into loss control mode. $SOLO $ACB $CRON $CGC $VYST $SHMP $AAPL $FB $NFLX

WARNING / DISCLOSURE about this video – https://claytrader.com/videos/free-education-risk-case-study/

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