Day Trading Chinese EV Stocks LI Stock Short Sympathy Play to NIO Stock
Channel: Mario Alvarado
Date: 2020-11-17

Hey whats up guys this is Mario back again with another trade video. Today I day traded Chinese EV Stock LI on a low hanging fruit short. On Friday I traded LI Stock on a First Red Day, and today I felt like there was more room to the down side. LI Stock was moving in sympathy with NIO Stock, and both look like they had more room to go to the down side. I decided to enter on a starter position at the mid-point and added on confirmation. LI Stock did not react how I expected so I decided to cut the trade off and took a loss. In this video I am going to go over my though process on how I was able to cut losses quick before they got out of control. Please smash the like button and subscribe to this channel if you find some value. Thank you!



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