Market Update: Shorting Coinbase and Tesla | Profits and Losses

TLDRIn this market update video, the author discusses shorting Coinbase and Tesla, shares trading strategies, and emphasizes the importance of locking in profits. He also highlights the significant drop in DJT stock and warns against investing in hype-driven companies. The author encourages viewers to join his live trading sessions for real-time market analysis.

Key insights

📉The author shorted both Coinbase and Tesla stocks and shared his trade plan.

💰The author emphasizes the importance of locking in profits and discusses his take profit strategy.

📉The author warns against investing in hype-driven companies and shares his analysis of DJT stock's significant drop.

📺The author promotes his live trading sessions and encourages viewers to join for real-time market analysis.

📉The author cautions against holding on to losing positions and advises taking profits at resistance levels.

Q&A

What stocks did the author short in this video?

The author shorted Coinbase and Tesla stocks.

What is the author's take profit strategy?

The author takes profits at resistance levels and encourages viewers to lock in profits.

What company did the author warn against investing in?

The author warned against investing in DJT (Donald J. Trump) stock.

What is the author's trading philosophy?

The author emphasizes the importance of locking in profits and advises against holding losing positions.

How can viewers engage with the author?

Viewers can comment down below, send a direct message via Discord or Instagram (linked in the video description), or join the author's live trading sessions.

Timestamped Summary

00:00The author introduces the video and shares that he shorted Coinbase and Tesla stocks.

01:15The author discusses his trade plan and take profit strategy.

02:10The author mentions the significant drop in DJT stock and warns against investing in hype-driven companies.

03:40The author encourages viewers to join his live trading sessions for real-time market analysis.

04:30The author highlights the importance of locking in profits and advises against holding losing positions.