Small Caps Gone Wild: Trade Recaps + Chat Logs

by | Oct 17, 2019

Wild week continues in small caps!

Check out the chat logs from today -- and I'll be uploading the HEPA tape + the commentary for members shortly!

Below are some thoughts on recent market action, a video of today's trades as well as the charts.

It's been a hot hot run - but it's only hot if you continue to respect rules, and trade within risk parameters.

Stay grounded. Next trade is treated the SAME as the FIRST trade of this run. There are NO trades made because "YESTERDAY WAS A BIG DAY" so let me SIZE up. Sizing up is not just trading bigger. Sizing up is done on A+ set ups. Sizing up is a benefit of being on the right side of the trade. Sizing up is not "I KILLED IT YESTERDAY LET ME GO DOUBLE SIZE TODAY" so I know the room has been hot many are killing it - but be honest with yourself on every trade. TAKE A MOMENT - am I trading to trade? Or, is this a proper trade?


That's fine - this market is bananas. I'd rather see you make $0 than wish you hadn't touched some crap name that offers midday you're out sized and lose half your account. No trade is a win sometimes. Don't let the noise of others influence you to pushing buttons. The worst thing you can do is try to catch up.

Those days that you flourish small cap momentum traders may not.

At any rate I've tried to keep the noise down in the room myself included I realize there are a lot of folks that can't even borrow the names we're shorting in the end you need to be up early prepared and have the right brokers and many of them.

Stay focused. BECOME A BETTER YOU TOMORROW - THAN TODAY. Work on something new.

Trade Recap Video Lesson

Chat Logs

Today's Trades


HEPA as tweeted - Noticing the trap happening live in the tape

HEPA Exit Move:

Tape told this story clear as day - it was just up to the trader to listen. Some call L2 and tape silly & made up philosophy - and suggest chart is the only tool to use. Those are the same people that don't understand and are too proud to learn something new. It takes time, SCREEN TIME. The best way to learn is to watch it back with the commentary.

HEPA Trader Lounge Discussion:

Trader Lounge is the spot where all members can hang out and ask any questions. Anything goes, given that the momentum chat is STRICTLY business no off topic during the day - so I spent the afternoon reviewing the HEPA action real time. I will be posting the live tape w/ commentary for members as noted.

Also as you'll note I keep it raw in the room and tell it straight up - I don't beat around the bush.

01:30:04 pm InvestorsLive: watch here
01:30:11 pm InvestorsLive: flush time if they can't hold it
01:30:22 pm InvestorsLive: if u took part in the 4.40 rip ss
01:30:33 pm InvestorsLive: then id be covering some around core and always re add 4-380s
01:30:34 pm InvestorsLive: if it flushes
01:31:11 pm InvestorsLive: helps keep emotions out
01:35:11 pm InvestorsLive: bidder pulled after that
01:35:12 pm InvestorsLive: did u see that
01:36:58 pm amckee25: yes i did
01:37:22 pm lynncsy0507: Hi Nate, what does that mean by bidder pulled?
01:37:37 pm InvestorsLive: exactly that
01:37:40 pm InvestorsLive: bidder was there
01:37:41 pm InvestorsLive: they pulled
01:37:46 pm InvestorsLive: while they sold offer

01:43:58 pm InvestorsLive: remember its about taking notes
01:44:01 pm InvestorsLive: and how it reacts after
01:44:03 pm InvestorsLive: there is no yes no answer before
01:44:14 pm InvestorsLive: its about recognizing what is going on here
01:44:18 pm InvestorsLive: and then applying it later

01:45:43 pm Masstrader: thanks
01:46:00 pm Masstrader: talk about timing
01:46:01 pm lynncsy0507: Thanks
01:46:03 pm InvestorsLive: 🙂
01:46:07 pm InvestorsLive: cov around core until gets heavy
01:46:09 pm InvestorsLive: is goal there
01:46:10 pm Masstrader: lol

01:48:58 pm Roy_Kid: well in this case then HUGE volume for the day it will suggest that is going higher then based on the volume
01:49:28 pm InvestorsLive: I think ur missing point
01:49:31 pm InvestorsLive: u use the levels I gave
01:49:32 pm InvestorsLive: and watch the tape
01:49:37 pm InvestorsLive: if they shove it 4.30-4.40s and stuff it huge
01:49:40 pm InvestorsLive: we are going to 3.80s fast
01:49:54 pm InvestorsLive: if we build over $4.40s we can churn out and remember the trap we saw 4.10-4.20
01:50:24 pm InvestorsLive: key is that they are stuck -- they are setting either 1. a trap or 2. creating appearance we are breaking out and selling slowly
01:52:32 pm Roy_Kid: ok great analysis , one last thin how to reconize when someone stuck?
01:52:43 pm InvestorsLive: we're talking about it
01:52:47 pm InvestorsLive: past 20-30 min
01:53:13 pm RyanM: Who is gunna be in mor pain, Roy? That is who's stuck
01:53:21 pm RyanM: based on what happens
01:53:33 pm InvestorsLive: this price action in itself
01:53:34 pm InvestorsLive: the tape
01:53:37 pm InvestorsLive: is suggesting what i am saying
01:53:41 pm InvestorsLive: now its about how it reactgs
01:53:45 pm InvestorsLive: at the levels I gave u

01:54:14 pm RyanM: if it builds above = shorts stuck
01:54:19 pm Roy_Kid: right thats what i mean you are able to tell via price action and tape , thats what i was wondering what the clues were there
01:54:35 pm RyanM: stuffs and longs have to stop out = longs lose
01:58:52 pm InvestorsLive:
01:59:04 pm InvestorsLive:
01:59:10 pm InvestorsLive: should answer ur question
01:59:57 pm Roy_Kid: cool thanks
02:00:21 pm InvestorsLive: edge = reactive
02:00:28 pm InvestorsLive: if they flush and hold have to be cautious
02:02:49 pm Lticker: Took a little meat of hepa
02:04:13 pm InvestorsLive: i leaned as well into the rip
02:04:23 pm InvestorsLive: but if 4.40s bases have to size down
02:04:37 pm InvestorsLive: but would not be add add adding thats for sure only if cov 410 range like discussed
02:06:11 pm InvestorsLive: 🙂
02:06:12 pm JowydS: nice!
02:06:12 pm InvestorsLive: glad we talked
02:06:17 pm InvestorsLive: this is how u learn tape guys
02:06:23 pm InvestorsLive: understanding the other side of the trade
02:06:26 pm InvestorsLive: seeing it real time
02:07:10 pm Roy_Kid: yeah this is awesome
02:07:32 pm Roy_Kid: this looks good
02:07:34 pm Roy_Kid: now
02:07:49 pm JowydS: sutffed and walked probably
02:07:54 pm RyanM: Such sick commentary Nate
02:07:55 pm InvestorsLive: :up
02:07:57 pm RyanM: thanks
02:08:03 pm Trade2live: Wow learn a lot today. Thanks Nate!
02:08:12 pm InvestorsLive: $3.80s fast
02:08:15 pm InvestorsLive: if $4.10 can't reclaim
02:08:31 pm JowydS: this is super sick
02:08:37 pm richard_yuen: wow
02:08:39 pm Ryan_P: wow. that was quick
02:09:40 pm GabiPoli: really nice! thanks Nate!
02:09:50 pm MA_Trader: Thanks Nate
02:10:02 pm MA_Trader: That was wild!
02:10:12 pm InvestorsLive: got it on tape too
02:10:14 pm InvestorsLive: + the comments
02:10:21 pm MA_Trader: Awesome!
02:10:22 pm InvestorsLive: its ok to nto "get it"
02:10:24 pm InvestorsLive: its subjective
02:10:28 pm InvestorsLive: you leanr it over and over again
02:11:07 pm kpenright: that would be a good one to discuss in a webinar if it hasn't been already. Id be interested at least
02:12:59 pm InvestorsLive: its not really webinar topic
02:13:02 pm InvestorsLive: its screen time
02:13:05 pm InvestorsLive: again its subjective
02:13:07 pm InvestorsLive: u learn by watching
02:13:09 pm InvestorsLive: not by being told
02:13:23 pm InvestorsLive: this is the biggest disconnect w/ people thinking you can just be told and get it
02:13:26 pm InvestorsLive: not a chance
02:13:57 pm ult1lar: It helps to be told what to watch
02:14:08 pm Roy_Kid: yeah especially with tape i guess
02:16:07 pm xChris: if you say they are stuck do you think we can see new lows or just slowly fade to pm lows as target?
02:16:34 pm InvestorsLive: time will tell
02:16:38 pm InvestorsLive: have a great average to find out right
02:16:40 pm InvestorsLive: cov some around core
02:16:48 pm InvestorsLive: and can always re scale in when $4.20 confirms or $4.10 etc
02:18:37 pm kpenright: i know but as someone that does a lot of training with adults (OSHA training) adults learn by visuals and then hands on experience. It may help some of us to see things like that discussed then go apply them in simulation training to see if we can do it ourselves.
02:18:58 pm InvestorsLive: Def u should be recording screens
02:19:03 pm InvestorsLive: when I say to watch the action
02:19:08 pm InvestorsLive: that's how you learn and play back
02:19:09 pm InvestorsLive: no via webinar
02:19:14 pm InvestorsLive: I've been doing this since 2008 🙂
02:19:24 pm InvestorsLive: I'm right on this one - on how folks learn
02:19:26 pm InvestorsLive: hehe
02:19:36 pm InvestorsLive: You may think you learn one way -- which is the case most times
02:19:55 pm InvestorsLive: but in reality these is one way to learn tape -- and that's live in action with this commentary
02:20:01 pm InvestorsLive: and/or review the tape + comments
02:20:02 pm kpenright: ohhhhh good point i could record this lol
02:20:17 pm InvestorsLive: chat logs always there

1 Comment

  1. Hi nice video . How do you overcome fear in trading ? .I mean a good set up but just pure fear to take a trade ? Thanks


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