Hey crew, welcome back. This is episode 224 and as promised we're rolling on from last

time, here's the best of day trading part 2. Just to remind you, this is a compilation

of snippets from past interviews, all of which are applicable to day trading in some way. From

technical intricacies, insights about various strategies to trading tales and broader viewpoints

on day trading, there's a lot jammed in here. And putting together these compilations,

besides creating a quality resource for day trading wisdom, it's my hope that I can bring

your attention to a few episodes that you may have previously not heard. So listen out for

the episode number prior to each clip, then you can simply type in chatwithtraders.com slash

episode number to hear the full thing. Now let's hit the ground running with a couple clips from

equities trader at seven points capital, Stan Gluzman. The first clip on recycling shares comes from

episode 211 and the second from episode 171. The thing I love about this second clip is it's a

great example of the edge in understanding the nuances and structure of your market. Essentially

these small things can make a big difference. Just that you spoke about when you are trading

intraday, if you're short something, you're going to and it drops, you're going to cover into that

wash. This is something I think you do really well from seeing your executions, which you occasionally

share. A good example of this was how you traded Tesla, I think predominantly on the shortside

intraday, and then you flip to long when there was a big wash into what happened to be the low of

the day. I'm quite interested to know more about how you do this, how you think about time in

these trades intraday, what determines a good price to add, etc. So I know there was just a whole bunch

of questions in there, but how do you think about recycling shares on an intraday trade?

It's all about the trend and it's all about the volume from you. So if the trend is still holding

the stock drops, bounces and puts on a lower high, I don't know if it's going to be a higher low or

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