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I Made $453 PER MINUTE Trading This Stock | SLDB Trade Recap | How I Size Up In My Trading Explained

Duration: 12:51 2628 transcript words EN summary

Video summary

Alex Tes, a day trader with over 11 years of experience, begins his trade recap by drawing a sharp distinction between trading and gambling. He argues that while many treat the market like a casino where they bet blindly before seeing their cards, professional trading is about waiting for the right signal before placing a bet. Using a Blackjack analogy, he explains that just as you would only bet heavily when holding a strong hand like 20 or 21, a trader should only enter a position after identifying a specific setup, such as a key support level breaking down. This disciplined approach of waiting for the "dealer" to deal a winning hand provides a significant edge over those who trade every day regardless of market conditions. The core of his strategy involves analyzing the stock SLDB, which has historically trended downward and is subject to dilution risks. Alex identifies key support and resistance levels on the daily and pre-market charts, noting that the stock broke below a critical support area at 674. His plan was to short any bounces toward the Volume Weighted Average Price (VWAP) until that VWAP failed, signaling further downside. He emphasizes that no trader is perfect in timing the market, so he does not go "one shot, one kill." Instead, he slowly scales into his position as the stock dips, starting with small percentages of his capital to test the water and gauge the stock's reaction without risking too much immediately. As the trade unfolded, Alex demonstrated his dynamic sizing technique by adding to his position only after confirming that key support levels were broken, effectively doubling or tripling his exposure once the trend was confirmed. He adhered to a strict rule of never exceeding 30% of his total size until the stock fully confirmed its direction, using smaller initial positions as feelers before committing more capital. Throughout the trade, he consistently took profits into dips to lock in gains and protect his capital, allowing him to risk some realized profits on subsequent entries. Although he admitted to covering slightly too early due to a lack of patience, the trade was still highly profitable, with the stock eventually crashing after failing to hold key levels. In just 12 minutes of active trading, Alex generated over $5,493 in profit, which equates to approximately $453 per minute or $7.50 per second. He highlights that his success was not due to luck but rather a calculated process of waiting for specific signals, sizing up only when the market confirmed his thesis, and managing risk by taking profits along the way. The video concludes with him reflecting on how patience could have potentially extended the trade's duration and increased earnings further, reinforcing his philosophy that traders must show up daily to wait for those rare but high-probability opportunities rather than forcing trades every single day.

Read the full video transcript

what's up everyone back here for another video so if this is your first time on the channel hi my name is Alex Tes I've been day trading for over 11 years and I made 11.5 million trading and we'll pop up my broker statements on the screen right now so today's video is going to be a trade breakdown of how I made $450 per minute and I'm going to show you exactly where and how I size up into these trades but before we get started let me tell you a lesson that'll really take this home the way that I like to compare trading is sometimes to the casino because a lot of people treat trading is gambling it is not right trading is a game of taking uneducated Traders money and putting it into educated Traders hands so for example if you're using delayed charts on Google or you're using a non-direct access broker like a Robin Hood you're at a disadvantage to someone like me with a professional setup and don't even get me started on all those laptop Traders you cannot beat me on a laptop with this thing if you treat trading as gambling you will get gambling results but let me give you guys a gambling analogy that'll teach you exactly when to size up in gambling at the casino you have to place your bet first and then the dealer gives you your cards so for example let's use Blackjack as an example you have to put $100 on the table and then the dealer starts dealing their cards what if you had the opportunity to bet after you saw your cards so if you got a 12 you wouldn't bet you got a 13 you wouldn't bet you got a 14 you wouldn't bet but if you got King King which is a 20 then you would place your bet or even better if you got a 21 then you would place your bet that's what trading is guys so in trading you don't place your bet until after you see what you want so in my opinion trading has such a larger Edge than gambling because you are only placing your bets after you see what you're looking for a lot of Traders when they first enter the market they think that they should be showing up every day and trading every day and every day and every day but the reality is that's not what you should be doing you show up every single day waiting to see if the dealer deals you that 20 or 21 and then you bet on the hand right so when you enter the market you have to wait for that signal that reason to place your chips on the table right so it has such a large Edge in trading I mean imagine if you could play Blackjack and you would only bet if you have a 20 or 21 you would be rich you'd be retired you probably have an Island by now so that's what trading is wait until you see what you want and then bet heavy that's something my mentor ba taught me right so show up to the market and ask yourself is this a 20 Blackjack hand is this a 21 Blackjack hand if the answer is yes take the trade if the answer is no you wait and you wait and you wait for the dealer to give you a new hand so often times forget the reason that you have to trade every single day you don't have to trade every single day but you damn sure have to show up every single day because you never know when that dealer is going to give you that 20 or 21 hand that you can bet on now let's get into my trade review and we'll talk about exactly what I did and when I saw that 20 to 21 Blackjack hand all right guys so this is the stock SB today so before I show you my trades I'm going to explain exactly what got me interested in this stock right so let's first pull up the daily chart so you can see on the daily chart guys that this stock has a history of just kind of downtrending right it really doesn't have multi-day moves overall you pull up the daily chart it just goes back and back and back and you can see that this is a reverse split stock so it's never really traded at $840 a share it's just been destroyed and destroyed and destroyed destroy so the overall trend of this stock is negative okay now let's talk about what's going on on this stock this morning so this morning the stock is moving on news right so for me I'm looking at the pre-market chart and what am I seeing well I'm seeing support here at 675 and I'm definitely seeing some resistance here in the 780s right so if I just keep it very very basic this is what I am seeing I'm seeing support and resistance so for the stock to go lower it needs to break under this support for the stock to go higher and needs to break over this resistance now what's the next thing I look at is there dilution on the knee so I use something called dilution tracker it's not sponsored not anything like that so I see that there is an overall risk of an offering the float is pretty large and they're burning $23 million in cash right they have an ATM offering as well and all this stuff so first of all the overall trend of the stock is negative the stock has high dilution on the name and there's a lot of other stocks moving today so my plan on this was to see all right if we break under this 674 support I want a bounce towards the vwap area right I want to bounce towards the vwap and if that vwap area fails then I'm going to add to my winner and then scale it so first things first is I've identified that I'm looking to short a bounce so let me show you my trades and then we'll get into it the red arrows are shorts and the green arrows are covers so let's start off with the trade so I can see that first thing that the stock did is it dipped down and broke that key support area so when that stock broke the key support area my thought process is I need a bounce towards the vwap area to short so have you ever heard the saying the trend is your friend so basically the stock is now down trending right it tried to push up it failed it tried to push up it failed it created lower high lower high lower high and support So for me when this support area breaks that tells me that the stock is broken and when the stock is broken I want to be shorting bounces I saw the stock break down and I'm looking for a bounce to short towards seven I slowly scale into my trades right I don't go one shot one kill because I'm not a perfect Trader anyone that goes one entry one exit is not trading the right way it is impossible to time the market perfectly so ignore that so I'm slowly scaling into the bounce it dips down to 630 so I'm shorting 680 685 690 now we're at the vwap area 7 so I add a more at 7even but when did I see that 20 to 21 Blackjack hand well I saw support here very simple I saw support at 686 so what I said is if 686 breaks that's going to be a 20 Blackjack hand and I want to size up so as soon as that 685 broke I sized up here right I waited for my signal to size up I got my vwap projection which was my plan and a break of the key support area which is my 20 to 21 Blackjack hand and I add it immediately the stock has a death candle and as you guys know I like to take some profits into the dips so if you see I see support here at 650 and I see support here at 630 okay so immediately when the stock goes in my favor and I make 30 cents a share I'm reducing some of my trades I reduced to make sure that I one lock in profits and number two I protect myself in case the stock wants to have a bounce we get down to the next support level of 630 and I'm all out on the trade right so nearly immediately I made over 50 cents a share on this stock with a little bit of size right so now my plan is all right I want this stock to bounce again to short it again because remember the stock broke down it bounced and it failed the trend is your friend so that tells me chances are the next bounce on the stock is also going to push and fail so what do I do I see a little bit of resistance here at 66 but my overall plan is I want to resort that $7 Mark right that $7 Mark is exactly where it failed last time so chances are it's going to fail again so my thought process was okay support turned into resistance so let me take a little bit there right and then let me short a little bit ahead of the seven line just in case it pushes and fails but if I see it push seven and break down I want to add to the winner so for example I was probably in about 10 to 20% of my size here and then I doubled and tripled up my position here right when I saw the key area break so now I'm looking for the next key area right so support should turn to resistance so remember this key support line that we had a little bit earlier it was around 674 well wait a second guys don't you see that it's kind of matching up here as well 674 675 so the same support from earlier should act as support again so what did I do I used 5% of my size here another 5% there 5% here 5% there now I'm in 20% size and then I added to about another 5% here another 5% there that brings me to 30% size and the reason why I use 30% size is I have a rule I am not allowed to use more than 30% of my size until the stock confirms so that 30% of my size is more of like a feeler to kind of get a piece of the stock to kind of get interested in the stock and get a little bit more involved in the stock I will not add past 30% until the stock confirms so what ends up happening locked in my profits Here and Now risking a little bit of my profits on this next bounce I'm in 30% of my size and wait a second the stock pushes up over seven but often times when you're trading these small cap stocks guys they try to push the stock into key levels get all the shorts to cover get all the longs to be bullish and then snap they destroy it but none of that matters until the key area breaks so I identified that 686 was the key level here and now I identify that 677 is the key level here which also syncs up with the support here so you see how support support support support it all is in sync right so as soon as we push over seven and we death candle under I'm trying to be very very patient and waiting to add until I see that 677 area break I got a little bit of fomo and I added at 680 which was kind of perfect perfect as the stock dips down I take some of my profits as we dip down to support I take about a little bit more of my profits and at this point once again I'm at 50 to 60% of my size so I'm in you know 20 to 30% key level break size up I'm in 20 to 30% key level breaks I size up and the same way that I took some profits into the dips here that's exactly what I did here as well I took some profits into the diffs now unfortunately I covered a little bit too early the stock halted down and then just completely got destroyed but all I needed was this one trade and if you look very closely 1 minute 2 minute 3 minute 4 minute my first trade was 4 minutes now 1 minute 2 minute 3 minute 4 minute 5 6 7 8 eight minutes so if you do the math 8 + 4 is 12 minutes so I traded for a total of 12 minutes today and I made over $5,000 let me show you that 5,4 $493 so if you just do the math $ 5,493 ID 12 minutes I got paid $453 per minute or $7.50 per second guys so the main thing that I want you guys to understand about this trade is where I decided to size up right I didn't just size up as it was going against me I made my plan to short at 7 when the stock broke my key support area I sized up and I took my profits I didn't get greedy I didn't say oh this thing is going to break down it's going to have an offering it's going to go to $2 had I done that and not covered I would have probably stopped out here and ruined the entire trade but by reducing some on the dips you could never go broke taking a profit and it allows you to risk some of those realized gains to make the next trade even better and then I resorted the stock with the same plan of seven right could you have said well Alex why didn't you stop out here well I was still only in partial size and I wanted to see what the stock would have done if it continued higher I would have had no problem stopping out but the stock ended up failing breaking the key support area sized up here took my money and ran away I should have been more patient you know had I been a little bit more patient in held for another I don't know hour I would have made an extra $5,000 on the day but it's never a dull day when you're making $5,000 in 12 minutes guys so that's exactly how I size into the stock I'm waiting for key areas to break and then I'm sizing up I'm taking the money and walking away so let me know if you guys like these trade breakdowns let me know if you want to see more things like this or what type of content you want to see from me I'm also going to be attaching some live trading videos here and please subscribe to the channel here leave a comment let me know what you want to see and I'll see you on the next video guys