It's time here.

Volatility trading.

And today we took two trades on I n.

No one was a loser.

One was a winner.

Let's get to Archer's real quick before we get into the live trades and all the other good stuff, both of our positions.

So they were long?

A little bit different.

Wasn't too much going on in the short area of the market today.

Ah, feels like with everything going on.

Corona virus.

Ah, the trump impeachment just earnings coming up.

There's a lot of people just kind of sitting on their hands and there really wasn't too much going on.

So I'm actually gonna be adding real quick.

The chart from today, which was Aya know we'll take a quick look at it.

And as you can see it on our first trade, we were playing.

The intense moved down to the downside, and it sort of it started to find support there at the 4 82 area and it bounced back up.

We got into our full size, which was exactly part of the plan, looking to get that move back up through five, and we would have hit our take profit if it would have pretty much made that pop through five.

But we didn't actually end up getting it came back down.

We accepted the risk and took our position off as it broke through low of day.

It found support at 4 75 which, if we take a look at the daily, that's ah, actually stay full screen here and maybe we could get a zoom in on this.

But there was a gap fill right to that 4 70 area and we noticed this.

So when we started to get this breakdown towards that 4 70 area, it started the whole support for 75.

There was a tunnel order started stacking in the stock went on to SSR, which is short sale restriction for anybody that doesn't know and what that means is in order to short the the ticker at this given time when it's on SSR, you would actually have to put your shares on the ask and get filled on an uptick.

You can't just hammer the bid down like you would normally without it being on short sale restriction.

So it kind of starts the favor long positions.

So I noticed all of these factors coming in.

We had the support possibly forming at the height of the gap.

Phil here for 70 there was a bunch of orders sitting there, 4 75 kind of holding this up.

So when it started to move back up, we jumped in it for 80 and it immediately popped up there, too, for 88.

However, take Prophet was at 4 97 and we had to wait a little bit.

It actually tried to go back down.

This kind of a writer, right out type trade were only risking six cents looking to make about 17 cents.

And it ended up getting up there to 4 97 which is where 17 cents was We were on the ask.

We didn't quite get filled as you'll see in the live trade, and we ended up taking into 4 94 If we would have accepted the full risk, which it would have came back down and started testing this 82 area again before finally coming up, we would have got filled if we would have followed through and accepted the full risk of letting the trade work out one way or the other.

So a little upset with myself with that because that was kind of the point of today was to really start to do that.

But I guess I got a little emotional there, knowing that we got all the way to our take profit and we didn't get filled.

So I decided to take it off, not wanting to risk it going, only back down, stopping out for a loss.

So not sure, completely whether to be upset with myself for not when that one but for right now, I m because I feel like I didn't follow my playing correctly.

So that was my two trades, and we'll get into the life trades here and as well as all the other goodies we're gonna start.

I know here got 4 95 and looked at down towards this 4 75 area.

If it wants to get their kind of fella get money, shoot tried to shoot back up through five there for a second.

It's why we kind of jumped the gun.

Kind of where we're looking to get in any way.

I mean, obviously, down here would have been better or add in there for 77.

Do some quick math real quick while this is going or 77 plus 4 95 for 69 would be our stop.

It's not a very, very big stop if we were toe get hit there, which would mean it's not the best entry, but are.

So instead of looking to add here, see what I want to do right here and then we're most likely gonna just risk off 82.

All right, so we're gonna risk off 82 here.

So I got a Range Rover, and either it works or it doesn't.

We're just risking all flow a day, and 5 12 would give us our profit target.

So basically, just looking for this thing to pop through five.

And if it doesn't want to do that, then we might get swept out if you want to go today.

But obviously it consolidates here and goes lower day.

Then we'll wasn't the trade that we wanted.

There's really nothing else moving.

And NBC and I wasn't really something that we're looking at this morning.

Naturally, no real shares tell you these low floaters you're not always gonna find shares looking like I dunno might come down and get us.

But again, we're just accepting or accepting the risk today, right?

I got into the trade will accept the risk I believe for.

It won't even actually be a full lot one.

Our loss there if we get stopped out.

But there's no reason to wait it out, and we actually might get a little slippage so it might be.

But we'll see.

But if you want to go low a day from here, it's obviously not something we're interested in.

Even though it might be a fake out.

I'm under C for 94 4 77 so it would be hard because it might bounce right off of 4 77 4 70 is the high there?

Who knows?

I'm not going to risk it.

It's most likely, unfortunately, now that I'm looking at, it might be a fake out.

It might dive down to 4 70 then start.

It's retrace, but who knows?

Maybe we'll look to get back in.

If that's the case, just nothing else going on.

We're frustrated and we are starting to look like we're in a little bit of an ascending triangle here, so if we can work our way back up towards five, I actually feel fairly confident that we have to actually Ah, get up there first.

But we are making higher lows, so in a way, it looks fairly decent, even though we're in the red at the moment.

But again, it's gonna do what it wants to do.

So we put we put our money in where we felt that we had a high probability of it working, and so far it's not looking great, but I'll see what I want to do.

If it goes to this 4 85 area, the odds are we're gonna get stopped out there because I saw all their share sitting there.

So if that gets eaten through which it is, there it goes or at sitting in for 81 see our order there, though.

Says it got the for anyone, but we didn't get stopped on.

I'm interested with these range order sometimes, because if you have just a single order in, it usually shows you the order on the montage.

But in this case, I didn't see it sitting there.

Looks like we're gonna get stopped out here.

Finally, got stopped out there on.

I know the odds are this thing might continue down towards 70.

Up there it goes.

Part of me wants to take another stab at this kind of watching what it does here.

We're gonna take a stab at this.

Summer's gonna use that 4 75 as our ah, as our stop Also put it for 74.

Put the stop in there.

This is kind of a writer, right out type situation.

We're gonna look for that.

Five test got 80.

So we went full size.

They're so to get our one are mean.

Technically, we don't need The one are on this because such a small risk, we're not risking when our 4 97 is what we're looking for.

Just put the rain daughter in real quick.

So I like the risk reward on this one's pretty good.

It was kind of looking for this thing to come back up in test five to get our one are at 4 97 but we're only risking six cents.

So pretty happy is actually ah, little bit more to toe.

16 12 closer to 321 Actually, this is probably going to be our last trade.

I mean, there's really nothing else going on.

I'm not gonna force any trades.

The other reason I took this second trade is because you could see the obvious support forming there at 75.

And there's still a lot of room to the upside.

So basically a writer, right out type trade risk in six cents to make 17 to 18 cents.

So it's not.

It's not a bad trade.

In theory, whether it wants to work or not is a different story, which we're about to see if he wants to or not.

This is one of them ones where if I was using that strategy I was attempting to use last week or the week before where you just keep adding and adding until you hit your max lost looking for the bounce, this would be a suck you in because this thing is not bouncing at all.

Cattle were not really asking for much out of it, right?

We're not even asking for it to go through the whole dollar, which if you were using the that old strategy, you would most likely need something higher.

But we're not even asking for that.

We're just asking for that silly five touch, but struggling.

By the way, if you're here and you're our new my name's Tim here.

Volatility trading.

Don't forget to hit that like button on the way in.

Feel like if we can get up towards for 98 like we are attempting here, we might get a nice squeeze.

Be nice to get a squeeze up towards five and get through this for 90 area.

Not quite.

Not really.

Front running.

Not really doing anything.

We set our risk here on this one Was gonna let it go.

Do you have a nice little ascending pattern here?

Hopefully, everyone starts to see that.

Hopefully we can get through this 4 90 area.

Go up there, test that $5 area and take us out at 4 97 Be a nice little winner there.

Be impatient with it.

We go test it for 90 again.

If we could get through 4 90 here, I think we're going to get a nice little pop for nineties.

Kind of holding holding resistance here.

We're trying it again.

He's getting rejected here for 90.

Keeps trying it, though All we need Is that one buyer or one short to cover at that for now and look for I don't see that order sitting there for 90.

Now it looks like it might have fell out or they took it down.

Could have been a short Ah, since its own SS are trying to sit on the ass to get filled.

But it is now gone.

I think they're starting to realize that this might want to continue higher.

So we'll see if we can test for 90 again and see if their shares pop back up.

See that they're not there now.

There we go.

For 93.

All we need is that little bit of a pop up towards $5.

This is all the shorts trying to front run $5 here because its own assets are so they're trying to get shortened.

To do that, you got to sit on the ask.

So who knows?

You know, again, with the level to a lot of it's liars poker.

We'll see if these orders stay.

Remember last time it was that for 90 and it disappeared.

So who knows if it's going to stay at 4 93 there it is.

See if it falls out or if it stays so far, it looks like it's staying.

Just need this quick little burst through 4 93 And I think we will get our fill it for 97.

This kind of looks like the only thing holding this back here.

See that one little squeeze to try $5 yet?

More on the ass.

Didn't get the Phil there on the ask.

They're trying again.

We're gonna take it off there.

I don't I definitely got impatient.

Didn't follow my plan there, But I don't really want to risk this thing going all the way back down.

I know that, stupid.

And I'm not accepting the risk fully, but we're literally on the ask, so I'm not gonna risk um my three toe one.

Basically, when it was actually, like, two and 1/2 to 1 over a center to So probably would have gotten the 4 97 but did not want to risk it.

It did make a pretty decent struggle to get up to where it was and we had a break.

Even so, I'm not gonna not gonna fret, right.

We had we accepted our risk on this one.

And we accept the nervous for the most part of this.

And we just didn't quite get that Philip for 97.

So we ended up getting for 94.

So three cents not gonna, friend.

And it looks like we might have been right, at least for now.

How long do you want to sit in this trade to find out if it works?

That's that's up to you.

But I wasn't gonna fret being that close.

So we ended up being break even on the day, which is how it should be if you have one winner, one loser and I'm pretty happy with it, right?

Are traitors.

That was my two trades on the you know, if you have any additional questions, comments, concerns all I could stuff Leave that down below or jump in the discord, Possibly even Twitter.