Hi traders, 3 minutes into the trading day. I'm looking for a potential big move here and as you can see here PDD is down 8.5% or cool is down 5%. We've got ZTO down 6% and QTT which is no longer interesting. So I'm usually looking for a stock that is gaping down dramatically and then moving up all of them are moving up right now but the only one that looks near a reversal is PDD because I'm looking for a failure as it moves down. So PDD if it's going to move down under this reversal here I like it very close to 2770. Okay shorting now I'm short 4000 shares. I love this reversal it's at the height and I'm expecting a failure and look at it moves look at it move. Oh come on baby come down look at this move look at this move we've got 50 cents right now and riding and riding at any pullback now I'm going to cover 3600 shares now sign of a pullback and it's going and it's going 60 cents okay come on come on any sign of a pullback any sign of pullback look at the sellers now they're moving slightly up I took my partial first sign of a pullback always look at the buyers look at the sellers first sign of a pullback I was covering still having 400 shares it still looks great and the 27 whole number here could hold it or I'm still up and look at the seller side and we're under and we're under okay thank you thank you and we're going come to papa and we're going okay another 300 shares will be covered at any sign of a pullback look at the seller side any sign of a pullback no pullback yet down to 50 any sign of a pullback I'm going to click that button take another 300 shares look at the seller side now first sign of a pullback click that button or let's have a quick review of what happened here I start with a stock that is down this one was down 8% now it's down 12% but I start with a stock that is down dramatically and then I'm looking for it to move up why because when a stock is down 8% it's usual it's very usual that there'll be a lot of people who will go long why would they go long because they're averaging down the losses because they believe that it's a great company and probably going to return which is usually a big mistake you don't do stuff like that when a stock is coming down when a stock is gippin down as much as that the only direction you can go is short so I'm waiting for the stock to move up does it always happen no it does not always happen but when it does move up I'm expecting it to fail and once it's failing I'm looking for the first reversal have a great risk of world because my stock is over the highs I'm shorting it at the point of reversal and I'm looking for continuation now this one worked like a charm it does not always do the exact same thing but that's how I make my living I make living of stocks that are gippin down and going gap and go SFI X is trending down with a very very nice momentum really like that momentum I'm going to short it under 3190 and it's very very close look at it comes now okay very close well actually now I missed it I missed it I'm going to use the limit order to short at 85 it's popping up now good I'm in I did not chase it down it went all the way down to 3165 I did not chase it down I was waiting for a small pullback I'm in at 85 ZTO is down 5% look this very nice pullback I'm about to short again the stock that is failing to move higher shorting here it's the same pattern you've seen earlier with PDD a stock that started down with a big gap down trying to move higher and that is because a lot of people love to buy these stocks when they're down love to buy them so the first the first force first force works on a stock like that that when it's down is usually the stock the power of the buyers they're buying it when it's down it's a big mistake they're not supposed to be doing that so I'm looking for the first sign of failure which is the reversal and so far as you can see it's working nicely the thing is I shorted okay now I've got 20 cents again any sign of a pullback I'm going to take my partial good now I thought I saw a pullback sign took my partial in ZTO I'm still holding 500 shares hope it's going to continue PDD looks like another interesting short is about to come now it's consolidating near the lows the lows is 2650 and I want to short it under 60 because I think that once it comes under 60 it's probably going to come down under the lows here we go now shorted at the 60 because I saw a lot of sellers at 61 looks a number of sellers 61 looks a number of sellers and we're under I was hoping to get a break down under 50 not yet now we did good job PDD and it's running once more I'm getting ready to cover 1800 shares look at it runs look at it goes okay PDD doing the same thing I did earlier huge volume break down got 40 cents no partial you noticed that I was shorting smaller size than I did earlier because I'm not taking any risk with the stock that I already am very nicely green with it may find some support here at the 26 whole number so any pullback here now it did not it crashed down under 26 look at it goes look at it goes this is a second amazing trade in PDD however with smaller size which I should use smaller size any sign of a pullback again look at the buyers and the sellers now took my partial that was a second amazing trade in PDD look at the break down look at the volume here and look at the weight came down again smaller size don't take any risk once you have a winning trade SFX is killing me that was my entry point but if it's going to move a cent over 33 I'm going to be out 33 is a whole number so I'm expecting a lot of sellers to come in at 33 no it did not I'm out of SFX I have a very unpleasant loss in SFX I like it video because it's trending higher it's up to 1.5% and the market is also trending higher markets really looking good and I'm about to go long and video and again it's going to be much smaller size I'm not taking any risks 600 shares I'm going to go long at 166.85 it's getting close it's getting close now I'm long I'm expecting a move over the highs and I'm risking approximately 60 cents so I want to see it over the highs and somewhere at around 167.40 I believe so need to see it moving over the highs first but it's uptrending it looks great and here's the result in the video what an amazing trade it's at my target right now I'm taking my partial left just 100 shares and look at the weight came up very very nice cap and handle formation PDD I'm going to try another 400 shares if it's going to come down under 2540 and again I'm reducing my size don't want to take any risk here we go click that button wrong I use a stop order I had a stop order earlier moving to market shorting now oh 100 shares no I'm going to add another 400 here 500 shares okay shorted just shorted 500 shares in PDD another reversal will it work the same way this time too well PDD is not exactly doing what I expected it looks like it is changing direction I'm about to move out over this level here well out now PDD did not continue its downtrend well as you noticed I'm lowering my size at all times and this one I'm out I'm having a good day it looks like I'm having four winners one losers is but actually I had three trades in PDD so it's more like five winners two losers I'm up 2300 dollars I want thank you very much for watching and don't forget to subscribe to our channel just click here if you want to see more videos like this thank you for watching our video before you go we invite you to join the traded trading room for a free 14 day trial traded has educated more than 30,000 professional traders worldwide since 2004 and its trading room is one of the 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