ALERT: THIS STOCK JUST CRASHED 10% AFTER HOURS

Micron Trading Session00:00

Ricky opened a short position on Micron at the start of the day, closed it, went long, then alternated between short and long positions multiple times. The stock offered a 1.4% range, but he captured only about half of that movement. He avoids attempting to catch full moves because he recognizes he is not a perfect trader and full-move attempts have historically cost him more than they rewarded.

Micron traded differently from other semiconductor stocks. The NASDAQ was strongly bullish and resilient throughout the session. INTC remained mostly resilient. Dell posted an impressive rally. Nvidia performed strongly but is not considered a new semiconductor. Marvel stayed elevated all day. Western Digital closed down 2%. SanDisk, viewed as a more comparable stock to Micron, ended 10-11% higher. Micron itself closed less than 1% in the green, appearing to lag the sector while still providing the volatility he prefers for scalping.

Recent Trading Performance01:30

Yesterday Ricky lost over $9,000. Today he recovered most of that loss with an $8,000 gain. On the previous Friday he made $28,000. His primary rule today was to avoid greed and cut positions quickly once direction turned against him, even if that meant accepting a $1,000-$1,500 loss. His positions were sized over $100,000, though profit targets per trade remained modest. The volatility suited quick scalping entries and exits.

The final two trades produced the largest gains. After a sell-off, the stock rallied and became overbought. He announced a short to his LPP team, kept the size relatively small, let the move develop, then closed once consolidation began.