Recording
Day in the Life of a Day Trader on the Stock Markets
2021-06-02 · 9 min
Machine transcript · wording, timing and speaker attribution may be wrong
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Source information & transcript revisions
Transcript revisions
- rev_87516761a1b2b564fd5f45f5ae4ccfceMachine-generated and unreviewed; may be wrong; not a verified quotation.enraw_asractive105 segments
Transcript
I think this will happen. It'll go up.
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0:03–0:05 · rev_87516761a1b2b564fd5f45f5ae4ccfce_0How do I zoom out?
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0:07–0:08 · rev_87516761a1b2b564fd5f45f5ae4ccfce_1And then it'll go like this. Watch,
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0:12–0:14 · rev_87516761a1b2b564fd5f45f5ae4ccfce_2it's gonna do this,
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0:14–0:16 · rev_87516761a1b2b564fd5f45f5ae4ccfce_3and then maybe it'll bounce back up and
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0:20–0:22 · rev_87516761a1b2b564fd5f45f5ae4ccfce_4then just go in a straight line
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0:22–0:23 · rev_87516761a1b2b564fd5f45f5ae4ccfce_5afterwards. 2 minutes to go.
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0:24–0:26 · rev_87516761a1b2b564fd5f45f5ae4ccfce_6I'm gonna short right at the top.
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0:28–0:30 · rev_87516761a1b2b564fd5f45f5ae4ccfce_7It's gonna go up. I think it'll go up to
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0:32–0:33 · rev_87516761a1b2b564fd5f45f5ae4ccfce_8like 42,
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0:34–0:34 · rev_87516761a1b2b564fd5f45f5ae4ccfce_9and then it's gonna crash down. People are
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0:37–0:39 · rev_87516761a1b2b564fd5f45f5ae4ccfce_10gonna go, oh my God, it's so high, and
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0:40–0:41 · rev_87516761a1b2b564fd5f45f5ae4ccfce_11then everyone's gonna start selling,
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0:42–0:43 · rev_87516761a1b2b564fd5f45f5ae4ccfce_12and then it's gonna just drop massively,
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0:46–0:48 · rev_87516761a1b2b564fd5f45f5ae4ccfce_13and I'm gonna short it. I'm getting ready
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0:49–0:51 · rev_87516761a1b2b564fd5f45f5ae4ccfce_14to trade.
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0:51–0:51 · rev_87516761a1b2b564fd5f45f5ae4ccfce_15Oh, oh, it's moving, it's moving. I'm
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0:56–0:58 · rev_87516761a1b2b564fd5f45f5ae4ccfce_16gonna short it. Should I short it at 36?
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0:59–1:01 · rev_87516761a1b2b564fd5f45f5ae4ccfce_17No, it's still going up. Oh my God,
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1:02–1:05 · rev_87516761a1b2b564fd5f45f5ae4ccfce_18my previous shorts are down like $50 now.
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1:09–1:12 · rev_87516761a1b2b564fd5f45f5ae4ccfce_19Okay, here's the plan. I'm gonna wait for
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1:15–1:16 · rev_87516761a1b2b564fd5f45f5ae4ccfce_20it to go up. And then I'm gonna sell my
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1:16–1:19 · rev_87516761a1b2b564fd5f45f5ae4ccfce_21longs.
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1:19–1:19 · rev_87516761a1b2b564fd5f45f5ae4ccfce_22Oh, is it going down? No, it's still going
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1:23–1:25 · rev_87516761a1b2b564fd5f45f5ae4ccfce_23up. Oh,
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1:25–1:28 · rev_87516761a1b2b564fd5f45f5ae4ccfce_24it's going down.
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1:28–1:29 · rev_87516761a1b2b564fd5f45f5ae4ccfce_25Oh, oh, it's coming down. I made a good
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1:45–1:48 · rev_87516761a1b2b564fd5f45f5ae4ccfce_26choice shorting it at 38. Whoa,
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1:49–1:52 · rev_87516761a1b2b564fd5f45f5ae4ccfce_27whoa, whoa, look at that. What did I
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1:52–1:56 · rev_87516761a1b2b564fd5f45f5ae4ccfce_28tell you? Now it might bounce off
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1:56–1:59 · rev_87516761a1b2b564fd5f45f5ae4ccfce_29this line here. Oh my God, it's mooning.
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1:59–2:03 · rev_87516761a1b2b564fd5f45f5ae4ccfce_30My shorts are getting wrecked.
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2:06–2:08 · rev_87516761a1b2b564fd5f45f5ae4ccfce_31I'm gonna get margin called. I'm so close.
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2:10–2:13 · rev_87516761a1b2b564fd5f45f5ae4ccfce_32I don't know, what's he gonna do?
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2:15–2:17 · rev_87516761a1b2b564fd5f45f5ae4ccfce_3349?
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2:23–2:23 · rev_87516761a1b2b564fd5f45f5ae4ccfce_34What?
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2:26–2:27 · rev_87516761a1b2b564fd5f45f5ae4ccfce_35Where's the crash? This is so gonna crash.
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2:33–2:36 · rev_87516761a1b2b564fd5f45f5ae4ccfce_36Well, I closed the short and now it's
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2:39–2:40 · rev_87516761a1b2b564fd5f45f5ae4ccfce_37Oh, I just got closed out everything.
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2:47–2:49 · rev_87516761a1b2b564fd5f45f5ae4ccfce_38I just lost it all. I've got £36 left
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2:53–2:57 · rev_87516761a1b2b564fd5f45f5ae4ccfce_39in here.
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2:57–2:57 · rev_87516761a1b2b564fd5f45f5ae4ccfce_40Okay, look, I have no— now no positions
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3:01–3:04 · rev_87516761a1b2b564fd5f45f5ae4ccfce_41open. It just closed me out. 54.
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3:04–3:07 · rev_87516761a1b2b564fd5f45f5ae4ccfce_42I'm shorting it. Should I short it here at
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3:08–3:10 · rev_87516761a1b2b564fd5f45f5ae4ccfce_4354? Come on,
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3:11–3:15 · rev_87516761a1b2b564fd5f45f5ae4ccfce_44this is insane. It's going for 55.
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3:17–3:19 · rev_87516761a1b2b564fd5f45f5ae4ccfce_45Oh, oh, oh my God, it's moving!
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3:30–3:31 · rev_87516761a1b2b564fd5f45f5ae4ccfce_46I need to open shorts quick, quick,
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3:33–3:35 · rev_87516761a1b2b564fd5f45f5ae4ccfce_47quick, quick, quick, quick, quick, quick,
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3:35–3:36 · rev_87516761a1b2b564fd5f45f5ae4ccfce_48quick, quick, quick, quick, quick. I want
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3:36–3:41 · rev_87516761a1b2b564fd5f45f5ae4ccfce_49to short it. Can I short it?
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3:41–3:42 · rev_87516761a1b2b564fd5f45f5ae4ccfce_50Ah, it won't let me short. It says due to
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3:47–3:50 · rev_87516761a1b2b564fd5f45f5ae4ccfce_51current market conditions, only closing
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3:50–3:52 · rev_87516761a1b2b564fd5f45f5ae4ccfce_52trades on AMC are being accepted at this
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3:52–3:55 · rev_87516761a1b2b564fd5f45f5ae4ccfce_53time. They won't let me short it.
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3:55–3:57 · rev_87516761a1b2b564fd5f45f5ae4ccfce_54Oh,
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4:00–4:00 · rev_87516761a1b2b564fd5f45f5ae4ccfce_55do I dare short it?
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4:06–4:09 · rev_87516761a1b2b564fd5f45f5ae4ccfce_56I don't think I— it's not still not
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4:11–4:12 · rev_87516761a1b2b564fd5f45f5ae4ccfce_57letting me short. Trading 212 did me
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4:12–4:16 · rev_87516761a1b2b564fd5f45f5ae4ccfce_58dirty. I sold it at 55,
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4:16–4:19 · rev_87516761a1b2b564fd5f45f5ae4ccfce_59now it's at 56.
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4:19–4:20 · rev_87516761a1b2b564fd5f45f5ae4ccfce_60Good job, team. We have a net loss of
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4:26–4:28 · rev_87516761a1b2b564fd5f45f5ae4ccfce_61$210.
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4:28–4:29 · rev_87516761a1b2b564fd5f45f5ae4ccfce_62This is the time I want to short at.
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4:34–4:36 · rev_87516761a1b2b564fd5f45f5ae4ccfce_63Oh, I just want a little bit of green.
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4:47–4:49 · rev_87516761a1b2b564fd5f45f5ae4ccfce_64£6 in the money. I'm gonna make back my
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4:50–4:52 · rev_87516761a1b2b564fd5f45f5ae4ccfce_65I'm £17 in profit.
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5:04–5:07 · rev_87516761a1b2b564fd5f45f5ae4ccfce_66BlackBerry short,
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5:16–5:23 · rev_87516761a1b2b564fd5f45f5ae4ccfce_67$5 gain.
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5:23–5:28 · rev_87516761a1b2b564fd5f45f5ae4ccfce_68Oh, oh,
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5:33–5:35 · rev_87516761a1b2b564fd5f45f5ae4ccfce_69I just made £9.20!
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5:37–5:39 · rev_87516761a1b2b564fd5f45f5ae4ccfce_70£9.20.
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5:48–5:49 · rev_87516761a1b2b564fd5f45f5ae4ccfce_71Oh,
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5:53–5:53 · rev_87516761a1b2b564fd5f45f5ae4ccfce_72what's that in dollars?
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5:57–6:05 · rev_87516761a1b2b564fd5f45f5ae4ccfce_73That's $13.
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6:05–6:06 · rev_87516761a1b2b564fd5f45f5ae4ccfce_74Oh my God, it's still going up.
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6:14–6:16 · rev_87516761a1b2b564fd5f45f5ae4ccfce_75Wow, I made $13 back from my $250
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6:27–6:34 · rev_87516761a1b2b564fd5f45f5ae4ccfce_76loss.
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6:34–6:34 · rev_87516761a1b2b564fd5f45f5ae4ccfce_77Now let me check my BlackBerry shorts. Oh
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6:39–6:42 · rev_87516761a1b2b564fd5f45f5ae4ccfce_78no, I'm down £50.
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6:42–6:45 · rev_87516761a1b2b564fd5f45f5ae4ccfce_79I'm gonna get margin called again.
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6:45–6:48 · rev_87516761a1b2b564fd5f45f5ae4ccfce_80I'm down $70 on my BlackBerry
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6:50–6:54 · rev_87516761a1b2b564fd5f45f5ae4ccfce_81short. Oh my God, it's still going up.
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6:54–6:57 · rev_87516761a1b2b564fd5f45f5ae4ccfce_82Oh no, I could have made £20.
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6:58–6:59 · rev_87516761a1b2b564fd5f45f5ae4ccfce_83BlackBerry has to come back down. Oh,
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7:07–7:09 · rev_87516761a1b2b564fd5f45f5ae4ccfce_84come on, don't margin call me.
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7:09–7:12 · rev_87516761a1b2b564fd5f45f5ae4ccfce_85Oh my God, that was intense. I made back
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7:19–7:22 · rev_87516761a1b2b564fd5f45f5ae4ccfce_86£15. From that little AMC and BlackBerry
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7:22–7:25 · rev_87516761a1b2b564fd5f45f5ae4ccfce_87Oh my goodness,
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7:29–7:30 · rev_87516761a1b2b564fd5f45f5ae4ccfce_88come on BlackBerry, crash! Oh,
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7:33–7:35 · rev_87516761a1b2b564fd5f45f5ae4ccfce_89that felt so good.
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7:38–7:39 · rev_87516761a1b2b564fd5f45f5ae4ccfce_90Ah,
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7:42–7:42 · rev_87516761a1b2b564fd5f45f5ae4ccfce_91I don't even know how much I lost.
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7:48–7:49 · rev_87516761a1b2b564fd5f45f5ae4ccfce_92It's all over the place.
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7:52–7:53 · rev_87516761a1b2b564fd5f45f5ae4ccfce_93So on my long account, I made 35 plus,
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8:01–8:05 · rev_87516761a1b2b564fd5f45f5ae4ccfce_94um, 35 plus
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8:08–8:12 · rev_87516761a1b2b564fd5f45f5ae4ccfce_956, that's 41.
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8:12–8:14 · rev_87516761a1b2b564fd5f45f5ae4ccfce_96Plus BlackBerry was 9. So yeah,
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8:19–8:23 · rev_87516761a1b2b564fd5f45f5ae4ccfce_97I made £50 on my long account,
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8:23–8:25 · rev_87516761a1b2b564fd5f45f5ae4ccfce_98but then I lost 110
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8:27–8:33 · rev_87516761a1b2b564fd5f45f5ae4ccfce_99minus— this
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8:34–8:37 · rev_87516761a1b2b564fd5f45f5ae4ccfce_100is minus 110— 74.
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8:38–8:41 · rev_87516761a1b2b564fd5f45f5ae4ccfce_101Yeah, I lost like £120 trying to short.
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8:50–8:52 · rev_87516761a1b2b564fd5f45f5ae4ccfce_102So I made £50 going long, and then I
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8:53–8:56 · rev_87516761a1b2b564fd5f45f5ae4ccfce_103probably lost about £150 or £160
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8:57–9:01 · rev_87516761a1b2b564fd5f45f5ae4ccfce_104