0:02 I'm Andrew Aziz, the author of How to
0:05 Day Trade for a Living. I recorded my
0:07 live trading action to show you the
0:10 reality what it really looks like to day
0:13 trade with proper risk management.
0:16 This is my scalping trading lesson. I'm
0:17 putting everything I know about price
0:20 action trading and scalping all together
0:23 in this 15-minute video. First, you will
0:25 learn how to read market liquidity,
0:27 which is a crucial skill in day trading.
0:29 Then we will watch my live trading
0:31 recording together to go over my actual
0:34 scalping entry and exit strategies.
0:36 [music] Give this video a free like if
0:38 you are ready to learn. You can use the
0:40 comment section to ask me any question
0:42 about your trading. I'd love to share my
0:45 experience in any way I can. Today
0:47 Nvidia and Tesla for a really nice
0:50 profit both of them just one trade. I
0:51 want to show you what I saw and then I
0:53 actually record the live trading for you
0:56 as well. So NVDA was gapping up today
0:59 because uh yesterday semiconductors were
1:01 gapping up because of the Taiwan
1:03 semiconductor and yesterday was a good
1:05 day and then today was also gapping up
1:07 and then we had this daily charts that I
1:09 was uh watching uh to essentially going
1:13 toward this uh 191 192. So I was really
1:16 hoping to get uh toward those areas. The
1:18 trade that we did was from the VWAP
1:21 opening range breakout from 189 to 190.
1:23 It's very similar to Tesla as well. So
1:26 we did the long open range breakout, you
1:28 know, all the way up to 447. So we want
1:30 to show you exactly what we saw, you
1:32 know, really start seeing these moves
1:34 up, especially these levels that we had.
1:36 As you know, I'm using market atlas and
1:37 market atlas. Right now the market is
1:39 closed. I'm doing the recap, but market
1:42 atlas in very simple word is showing you
1:44 the liquidity of the market where the
1:47 liquidity stays. Um the orders that are
1:49 staying on the top of the price. This is
1:52 the price right right now. And the
1:54 orders above are asks
1:56 essentially sellers. The orders that are
1:58 below are the buyers. So they call them
2:00 the beat. And there we're getting this
2:02 directly from the NASDAQ exchange. So
2:04 they call them level two depth of
2:06 market. Same for futures, fair, same for
2:09 stocks. So anything that is down there,
2:11 they're buyers. Anything that is up
2:13 there, they're sellers. And the price
2:17 usually goes toward the big orders and
2:18 big liquidity. So when there's a big
2:21 seller, the price usually goes toward
2:22 that big seller. I know it's very
2:24 counterintuitive. A lot of people are
2:26 asking me that Andrew, if it's a big
2:28 seller, shouldn't the price goes down?
2:30 Uh but if you think about it is that
2:33 this is a really big seller like almost 1890,000
2:34 1890,000
2:37 shares sitting around 190. Um again, the
2:39 market is right now is in post market.
2:41 So it's um you know, during the market
2:42 hours would be very different. And I
2:44 have the recording to show it to you. If
2:47 this guy was desperate, they would have
2:49 uh pressed the market order and pushed
2:51 the price lower, but this guy is not
2:54 desperate or you know, one or two uh
2:56 sellers, they're staying up there
2:58 because they know the price comes to
3:00 them. So there are like veils that, you
3:03 know, they absorb the price toward them
3:06 like, you know, singularity in black
3:08 holes or something like that. I know
3:09 it's very counterintuitive, but
3:11 essentially these are the sellers that
3:14 they really want to uh get higher price.
3:16 So they're not desperate. So it's like a
3:18 bull market in housing market. You're
3:20 asking price if you want to sell your
3:21 house, it's going higher and higher and
3:23 higher because you're expecting price
3:24 comes to you. Same as buyers. If there
3:26 are these buyers or desperate buyers,
3:28 they would buy it anyways and they push
3:29 to go higher. But when they're low
3:31 bidding here, so you see the orders down
3:33 here means that they're expecting the
3:35 price come down to them. That's why you
3:36 know for example in you know in a
3:39 financial crash in uh you know in 2008
3:41 if you want to you know buy a house you
3:44 don't go multiple offer on a house you
3:46 send your beat you know lower and lower
3:48 and lower to get that but what is
3:49 happening at the open is very important
3:51 looking at this is really important for
3:52 scalping shortterm is extremely
3:55 important again what I focus in day
3:57 trading is uh on the price action on the
3:59 shares but Brian took the same trade
4:02 that I did here you know obviously from
4:06 441 to 447 7 $6 move you can take this
4:08 uh trade with the call option as well.
4:10 So if you go through the TSL or call
4:13 option you can get like five six% move
4:15 uh easily on on these moves but the
4:17 fundamentals of understanding the price
4:19 action is the same you know
4:21 understanding how to read the price
4:24 action is uh remains the same. Tesla
4:26 really opened very strong
4:29 and uh I went long. I put a stop loss
4:31 just below this VWAP and I was hoping to
4:34 get to 444 and 445 and again the levels
4:37 confirmed on the market at for me as
4:39 well. It did break the high of the day.
4:41 I added more. I brought my average
4:44 somehow around 442
4:46 and when it went up I partial and it
4:48 come down I got stopped out. It you know
4:49 kind of tested the VWAP. never really
4:51 got to the VWAP and then it squeezed
4:53 back up and it was really unfortunate
4:55 that I wasn't in this uh trade. So
4:57 Nvidia same thing. So Nvidia also came
4:59 above the VWAP. So did a 1 minute 20
5:01 range break up. I didn't take that trade
5:03 came back up and then I saw a really big
5:07 order on market at 190. So I went long I
5:08 added more stay above the VWAP. So when
5:10 I went long I stop put a stop loss
5:12 somewhere around here kind of did drop
5:14 uh I was getting ready to really got out
5:16 but it came back up. I added more and as
5:18 you see we got a really nice move up
5:20 here. came back, I added more and then I
5:22 got another move out of it and then I
5:25 added one last time but it turned out to
5:28 be really not enough momentum to go you
5:29 know continue going higher and I got to
5:32 stop that break even. So yeah, before
5:33 the market opens, this is like few
5:34 minutes before the market open. Let me
5:37 go a little bit fast pace. I go to two
5:39 times of speed. These big orders before
5:41 the market open. And this is the NVDA.
5:43 So we're almost uh 1 minute to the open.
5:46 And I saw that the huge orders of Nvidia
5:48 sitting here. So that's something that I
5:50 really um you know caught my attention.
5:53 So this is the orders of at 190 Nvidia
5:55 is ready. Again, it's 30 seconds to the
5:58 open. as you see you know popped up
6:00 volume is picking up and again Nvidia is
6:02 gapping up 1% right now so it's pretty
6:04 nice so again the thought process in the
6:06 pre-market for me is that now it caught
6:08 my attention I switched back to Nvidia
6:12 AMD for uh market outlas this is AMD
6:13 want to see what's going to happen but I
6:15 still had the Nvidia in my chart and now
6:17 it um you know because at the open you
6:19 don't know you really want to um you
6:22 know start moving around I check Riot here
6:24 here
6:26 see what's happening
6:28 didn't like it. Went to Tesla price
6:30 action. Now Tesla price action. This is
6:32 really interesting. So now I see this
6:35 huge volume surge is coming. So I really
6:37 like that. And then I quickly went to
6:39 market after Tesla and I saw this big
6:42 order 440 to50 standing here. So I'm
6:44 going to wait for 1 minute and then okay
6:46 1 minute drop and then that I said okay
6:47 this is the area that I I should enter
6:49 because now I can put a stop loss here.
6:52 there is order at 443 and 444 is there
6:54 and then maybe this is the area that I
6:56 should uh really enter. So I was really
6:58 debating looking at it. So again uh this
7:00 is two times faster as normal I say okay
7:01 this is this is a good uh
7:03 risk-to-reward. So if I go there and I
7:05 put a stop loss somewhere around here
7:08 that is a fairly good stop loss and
7:12 potentially I can go to 443 and 444. Um
7:14 um now we're watching um so a little bit
7:16 disappointed because I was hoping to get
7:18 the in but it still is good because as
7:20 soon as we came back to the VWAP uh you
7:23 know we bounced back again I'm adjusting
7:24 my market atlas to make sure that these
7:26 orders are there's not enough big orders
7:28 down here. So this is really really
7:30 important and I went long and as well so
7:32 that was the Tesla. So again I took two
7:34 positions because I saw Nvidia is
7:36 showing the same uh pattern. It's some
7:38 really big orders standing up there and
7:40 then some uh opportunity for opening
7:42 range breakout and again my eyes is
7:44 always here that these big orders are
7:46 there and then the price action showing
7:47 that this is above the VWAP. VWAP is the
7:49 blue line and then okay now I see with
7:51 Tesla is again the orders are up there
7:54 444 is going up nicely didn't stop me
7:56 out and maybe it's worth adding because
7:57 I'm now pretty confident that it's going
8:00 to go to 444 and then it popped up to
8:02 445. So the order is actually going up
8:04 means that people are expecting the
8:06 price goes toward there. So now very big
8:08 size four 5,000 shares here sitting up
8:10 there and you know again I'm very
8:11 confident that the price is going to go
8:13 to 4445
8:16 and at the same time exactly I took the
8:19 trade on Nvidia as well because very
8:20 similar pattern you know you're above
8:23 the VWAP the stock is gapping up and um
8:25 you know if you switch to 5m minute you
8:27 see 5 minutes is very bullish again you
8:28 know we are in the first uh still in the
8:30 first 5 minutes and then you see this
8:33 level that we had yesterday high 44
8:35 again we have and then the bigger one is
8:38 at 445. Here is good to start partially
8:39 again. I had a big size and I started
8:43 partially here at 444. Uh quickly switch
8:45 to Nvidia. See what's Nvidia doing.
8:47 Nvidia same thing, you know, big order
8:50 stacking up at 190. There's not a lot of
8:51 order down here. That's a good sign.
8:53 Looking at faster again. Nvidia is going
8:55 up. Breaking order. Look at that. Oops
8:59 stacking up here at 320,000 shares. 190.
9:01 I start partially for the break of 190
9:03 as you see here. Um again, this is a two
9:06 times speed. Uh and that's that's
9:08 exactly my thought process. Now you know
9:09 5 minute turned out to be a really nice
9:12 5m minute range breakout and again very
9:14 important to see how the uh market atlas
9:17 is um uh really moving in that area. So
9:19 as you see just continuing doing that
9:22 and again now I switch back to Tesla 444
9:24 got filled and then it dropped and I got
9:26 a stop out actually here. So it did uh
9:28 444 I checked the daily chart quickly
9:30 came down I got a stop out. It could I
9:32 could have gone back long in there. the
9:35 Brian did, but because I added, you
9:37 know, and I partially got stopped out at
9:39 the break even, but you could, you know,
9:41 sometimes in this false breakouts, you
9:43 could actually go back long again as well.
9:44 well.
9:47 And yeah, so as you see guys, uh, you
9:49 know, very simple two trades exactly the
9:52 same condition with very important uh
9:53 tool that we build at Burbble Traders
9:56 and is market atlas. So with the help of
9:57 market atlas, you can easily really find
10:00 these levels. This visual is very
10:02 powerful, very nice. And as soon as the
10:04 price action again, this is a Tesla
10:06 again. I didn't take that trade and this
10:08 is I'm regretting because, you know, I
10:10 went long, I added, I got you part
10:11 stopped out at the break even, but it's
10:13 just ripping toward the 445 that we
10:15 together uh saw in the pre-market.
10:18 $10,000 day, just 5 minute, 10 minutes
10:19 if you have the capital. And even even
10:21 if you don't have the capital, guys, you
10:23 know, with the funded accounts, with
10:24 everything that we, you know, build for
10:26 you, you can just do this trade. I
10:28 really want you to uh learn this. It's
10:30 so simple. And one of the reasons that I
10:32 stopped doing recaps is just everything
10:33 is just repetition. It's just so simple
10:35 this pattern that we're doing. Uh and
10:37 again, I'm you know getting out more on
10:40 NVDA. You see the order at 191 uh
10:42 sitting there. So uh see the whole order
10:44 is huge up there. So there's not much
10:46 going on down here, but there's a big
10:48 order going down. So hoping to get to
10:50 191 and could have been probably good
10:52 place to add in that. Um so so simple
10:54 guys. So again, it's just going up. You
10:57 buy Okay. And you know, Nvidia is $189.
11:00 You can trade NVDL, you can trade, you
11:03 know, NVDA options. Uh there's so many
11:05 ways that you can actually use leverage
11:08 uh to make a lot of money on this. If
11:10 you like this uh recap, guys, make sure
11:12 to check us uh in chat room in the
11:13 community and trading terminal. All the
11:15 tools that we're using, simulator and
11:18 fun accounts, and is available at your
11:20 disposal, guys. Thanks for watching and
