ΞnvesTrade

Quant & Mech/Systems engineer. Tweets 🐦 are not investment advice! Do ur own due diligence...

[Kyle Williams @traderkylec]

Let this year be a lesson of narrative follows price NOT the other way around.

January $SLV “this is a repricing higher from inflation.” “AI’s demand for silver is pushing it up.”

Silver drops off the highs, narratives nowhere to be found.

April $CAR “two funds own the entire float, there’s no way this goes down unless they sell or the company does an offering.”

Neither happened, CAR still drops 75% in days. Narrative never mentioned again.

June $SPCX “only 4% of the float is tradable. The demand for this way outweighs the supply and should take the company higher than anyone expects.”

SPCX pulls back as naturally as any stock would that runs in a similar fashion.

It doesn’t mean some of these narratives had truth and facts to them. But it doesn’t stop price action from playing itself out. Remember if price action never went up in the first place, we wouldn’t have heard a single one of those narratives.

Narrative follows price.

[ΞnvesTrade @EnvesTrade]

@SmallCapSmarts Fat fingered, started scaling, or consecutive wins and rolling with the winns...

[ΞnvesTrade @EnvesTrade]

@SmallCapSmarts https://t.co/0G52rda3pQ

[Trade_the_Matrix @TradetheMatrix1]

https://t.co/F8grx4JD64

Long-ass blog post about rigged #smallcaps #stocks, 2025 edition. Discussing multiple subjects and trap techniques how we are getting played at as retailers on daily basis by the "price action painters".

Took too long to write, never doing this again😅

[Kyle Williams @traderkylec]

When asked why don’t I size up more than I’m currently doing, this was my response. Probably the best answer I’ve given on this particular question.

[ΞnvesTrade @EnvesTrade]

@thelaptoplegend Well done, great setups

[ΞnvesTrade @EnvesTrade]

@EvilShorting @Steven1_994 I'm happy for him he made it today, but it would have been great to be transparent on the losses of prior days.

[THE SHORT BEAR @TheShortBear]

$BMNR

Scaled into this yesterday near close.

The best charts overall right now are in Crypto via $IBIT, $MSTR and alike. As crypto inches higher into breakout this presented the perfect vehicle for speculation.

Tom Lee has been the poster child of the bull market over the past 2 years.
« Why would he be wrong now?»

At 18 we traded at 4x+ NAV..
25x+ NAV at these prices.

Easy short right?

Coming into a half day and through the last 13y I’ve traded through, I have experienced just how broken stocks can become.

Algos are optimized for full sessions and are often turned off for half days or suboptimized, creating organic action, often tilted in one direction as speculation takes over and as the larger players have limited optionality to provide liquidity (sam with MM).

Came into the day with a large long from high 50s and low 60s, added and supported as we cleared the resistance and pyramided using the lows as stop.

Sold most into the 80s and the rest into 90s as we opened up.

I think there is a good chance this is the next $DRYS $LFIN … Halt, halt, halt

I’m okay not risking the eventual big gap down and moving on given my real focus is the long term portfolio to reach the new target.

Biggest momentum long win in 1.5y+ for me I think.

Wish I had had more on the long side from the 40s buying the deep and fast slashes, which were soaked and accumulated. (This was the biggest tell, as quick slashes and grind higher represent large buyers accumulated lower after a cheap discount they create, which we got 3x yesterday).

NEXT!

[THE SHORT BEAR @TheShortBear]

@travydollars Quick and big range pulls that are cheap for someone to initiate and grind back up.

Calculating total volume of move down vs grind back up.

If you want to accumulate you want the lowest ratio possible.

Slash volume lower/volume grind until reclaim

[kyce @kycefn]

Small Caps:

Lately I have seen a lot of guys post a chart showing the influx of volume (shares) traded in small caps in 24/25 compared to the "hot" years of 20/21.

Even accounting for penny runners skewing the share counts I do believe overall liquidity has increased significantly. (system guys pls confirm $ vol traded?)

However, at the same, and surprising to some, competition for liquidity has hit an all time high. It is the most competitive small cap market ever, and I don't see that changing.

This is just my anecdotal observation (feel free to disagree and say its been easier for you), but based on the past few months of conversations with long and short guys around me they feel the same.

To put it simply: I can name 25x 250k-1mil+ a year small cap scalpers that all did not exist 4 years ago in 2021.

I personally scalp less than most of these individuals, and I have churned on average 1mil shares ($ vol is way higher) a day for the past 250 trading days. (1 year)

Add us all up and that's minimum 25mil shares a day (more likely 50-75mil shares a day) that is taking money OUT of the market. Just these 25 guys have had straight up equity curves green almost everyday for 2-3 years straight sucking money out of small caps.

Although it is technically a massive influx in volume that did not exist before, in my mind this is essentially 'negative' liquidity that is making markets way more competitive.

Now extrapolate this scalper example to short sellers, and all the non public small cap traders who have come up in the last few years. I believe the core group of professional small cap traders is its biggest ever, and growing.

Instead of battling Little Timmy who deposited his stimulus check into SNDL on his Robinhood account, we are now showing up to work everyday battling other professional traders which is far more competitive.

Hence, the much more difficult markets that most of us are complaining about.

In conclusion, I believe small cap markets are becoming more "mature" and developed kind of like todays large cap markets.

Scalping and trading large caps profitability has always been far more difficult than small cap markets, but I think we are starting to see that gap close a little.

As the small cap market matures, I think edge will slowly shift more into positional trading and longer holds and the era of 10 seconds scalps will continue to dwindle.

Overall opportunity is still massive and arguably growing, it is just that the easiest edges to pickup on like basic system shorting and easy scalp longing are being closed in favor of more mature market movements.

Let me know your thoughts below.

[ΞnvesTrade @EnvesTrade]

@amaxadam @kycefn paper trade right?

[Kim Ann Curtin, The Wall Street Coach @kimanncurtin]

🚨 My longest podcast ever just dropped — 2+ hours with trader Gregg Sciabica @lx21 .

It’s so packed with trading gold, you might need a security guard watching your screen. 🛡️💰

Full convo is live here on X — but hit subscribe so you never miss a drop: https://t.co/SVHQfcRMS4

#tradingpsychology #daytrading #mindsetmatters

[ΞnvesTrade @EnvesTrade]

@FZ3ZTA @daytradingzoo @Jeppez420 Trade Ideas

[ΞnvesTrade @EnvesTrade]

@daytradingzoo @jas_owens @Kinfo @daytradingzoo u reminded me of this...

[ΞnvesTrade @EnvesTrade]

Wow! Thanks for the transparency

[THE SHORT BEAR @TheShortBear]

My favorite trade today.

To be clear this is a 7fig win turned close to 7fig loss, but it could have been a big hit for the active trading side.

The news broke out, the impact was accessed within 90 seconds and I took decisive action despite the lack of liquidity and tape working against me.

These are the situations that I historically have been caught by but I wanted to be sharp and ready for the Iran situation as well as heavy swings.

Happy about this high 6 fig loss… more so than most of my wins over the past month.

I was aware of potential litigation risks linked to the GLP1, however I couldn’t plan for an exact day or factor it in too much given the active and momentum driven nature of this trade.

Took all bids from 58 to 54s and put the rest into the bid on daily support loss and into the liquidity pocket and simply moved on to trade $CRCL.

Next!

[ΞnvesTrade @EnvesTrade]

Great recap

[THE SHORT BEAR @TheShortBear]

$CRCL quick recap.

Took a small 100k loss on Friday which was my main focus into this week. $SMCI ptsd from last year made sure I learned my lesson.

Came in with a short pm against the highs and waited for the open. At that point I had a nice cushion.

That initial add was small but a mistake in my eyes as I had planned to wait for the 250s to add.

Added on the 250s fail and finally added big against pm highs. Got some big slippage into my stop… I should probably have been a bit more proactive but it jumped into the stop from $5 below the stop level. (258 into 265 stops and up to 270s).

Left it alone, patiently waiting for a potential new entry but not overly eager to have to attack again on any little micro rejection.

The $270 range allowed for it as someone showed bids which I took out, however we almost instantly reclaimed and I cut right away.

Same game again, I waited for my last shot (3 trades rule).

I thought most would be looking at $300 and the mentality seemed to shift to waiting for tomorrow for the big trade. the mini range up top prior to the double top was too small to peak my interest but once the massive reclaim candle started to fade off to me that was a major sign.

If the stock can’t push despite all stops at highs and $300, we might have exhausted shorts. Took a sizable position given the now $60 move off the open.

Once we tested the first support but could barely bounce I doubled up into the bounce and added more into the breakdown with tight stop.

I wanted panic into the next support level loss and stops and covered into the $250-260 area.

Then flipped big long into the 50s and doubled up 40s with tight stop. Sold way too early but the bounce in itself wasn’t as strong tape wise as I would have liked.

Simply moved on from there… part of the conservatism of the long was simply wanting to enjoy my vacation honestly.

NEXT!

[ΞnvesTrade @EnvesTrade]

@daytradingzoo @tradersync Amazing. I do utilize algo since I work graveyard shift and trade on days. It is brutal, but i'm greatful to my minion DAS algos.

[ΞnvesTrade @EnvesTrade]

@Jeppez420 Well done. Automate and next...

[ΞnvesTrade @EnvesTrade]

@hackertrader It tends to have some fireworks even on day2...