Evan Schunk
Evan Schunk
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Best Brokers for Short Selling
One of the #1 question I get all the time is "What broker do I use?" "Where did I find shares to short the stock on the day?". I made this video to thoroughly go over the best brokers for short selling, my main broker, the best brokers for small accounts looking to short sell, and even which brokers have the best locates for restricted shares, stocks that are on REG SHOW. This video will answer everything.
It is so important to have the right tools in this game that suit your trading style. So, I have contacted these brokers and got set up with a referral program. This will bring you guys cheaper commissions and/or 3 months of free trading platform! Click or copy/paste on the links below for the broker of your choosing and cheaper commissions will be automatically applied if you open an account. Cheers and Happy New Years!
CobraTrading- get.cobratrading.com/evanschunk/
SpeedTrader- speedtrader.com/evan-schunk/ (Apex Pro)
Tradezero- us.tradezero.co/evanschunk
Twitter: eschunk8
Instagram: evanschunk
Переглядів: 5 895

Відео

Attacking Gap Up short set ups. +18k Profit. $SNOA
Переглядів 4 тис.2 роки тому
Today I wanted to go over $SNOA. This was my biggest and best trade in August 2021. I wanna show you what it is I look for when attacking these Big Gapper short set ups. Twitter: eschunk8 Instagram: evanschunk
OTC First Red Day Short Set Up $HTZGQ 5/17/2021
Переглядів 9953 роки тому
Trade Recap on my $HTZGQ trade this week. This is a OTC first red day short set up. (In this video, just realized why more tweets didn't pop up when I searched for "first red day". I forgot to put the @ symbol before my twitter name.) Twitter: @eschunk8 Instagram: evanschunk Profit.ly: profit.ly/user/eschunk8
Gap And Crap
Переглядів 2,1 тис.3 роки тому
Overview on Big Gappers and the Gap and Crap play. $DPW $CNET $DTSS Trade Recaps on the week. Twitter: @eschunk8 Instagram: evanschunk Profit.ly: profit.ly/user/eschunk8

КОМЕНТАРІ

  • @proletariat9467
    @proletariat9467 15 днів тому

    TradeZero is good for some newbs, but anyone serious won't use it, 3 times as expensive over all.

  • @ronz3247
    @ronz3247 19 днів тому

    Can anyone suggest a way to monitor chat room sentiment w/out actually watching chat room chatter? For short term/scalp trading only.

  • @eastcoastgrowshow8495
    @eastcoastgrowshow8495 2 місяці тому

    You still trading?

  • @purple_mang0
    @purple_mang0 5 місяців тому

    thankyou!! - use think or swim to go on demand to find where the vwap was the previous resistance of the high volume day of the stock and then also look at the hod - check previous resistance, check dilution, check market sentiment eg recently if longs banking and shorts getting squeezed, the longs will be more aggressive and the shorts more timid - after a stock that is up 100-300% , really overextended. When it starts to consolidate, it gets really long heavy, after the consolidation, it needs to choose a direction up or down. Most times when chatrooms are chasing, it's getting really retail heavy, it usually chooses to the down side. - people who want to get out of a position, might break the hod to get shorts covering, longs fomo buying. So once it breaks, watch the tape to see if there's severe selling pressure

  • @purple_mang0
    @purple_mang0 5 місяців тому

    thanks! - first day day after multiple green days that didn't go red. If it panic sells at open, look at the 10day chart for a support level that the stock can bounce at for a dipbuy

  • @purple_mang0
    @purple_mang0 5 місяців тому

    thankyou! - usually hard to locate stocks don’t squeeze much because not many people are shorting them leading to big wins as these stocks usually collapse - his strategy, he just goes in and out once. He doesn’t recycle shares - bigger resistance candle in the past, the better for gap up short - if the gapper has resistance and dilution, that is his favourite category - tracks history of 1 day faders. Chart patterns

  • @purple_mang0
    @purple_mang0 5 місяців тому

    thankyou! - usually hard to locate stocks don’t squeeze much because not many people are shorting them leading to big wins as these stocks usually collapse - his strategy, he just goes in and out once. He doesn’t recycle shares

  • @israelmello2203
    @israelmello2203 5 місяців тому

    Best video ever

  • @unlimited3404
    @unlimited3404 9 місяців тому

    Why did you recommend Apex pro with Speedtrader? What's the difference between axos and apex?

  • @kingklv137
    @kingklv137 9 місяців тому

    Which of these brokers allow trading at 4AM eastern time?

  • @mcbjvhgurl
    @mcbjvhgurl Рік тому

    10k to short on Speedtrader?

  • @BretWickstrom
    @BretWickstrom Рік тому

    This was immensley helpful. I didn't realize TradeZero was so expensive and not even that easy to find shares. I'll be opening another account for sure.

  • @TOPTICKTRADER
    @TOPTICKTRADER Рік тому

    Thanks Evan, very informative. Just one additional question: I want to expand the number of brokers I use from one to 3 or 4 iot have sufficient locates (or any at all) for some nice dilution plays. I contacted DAS and they replied that I need a separate instance of DAS-trader since all brokers can't be 'united' in one. This seems a lot of overhead....How do you go about placing the actual trades with several brokers?

    • @evanschunk6967
      @evanschunk6967 Рік тому

      i have different DAS accounts with each different broker that i need.

  • @ikaantynytlapsi9474
    @ikaantynytlapsi9474 Рік тому

    Very good video.!

  • @realpkchronicles
    @realpkchronicles Рік тому

    Just came across your channel, great videos! It's too bad you don't upload videos more often, your contents easy to understand and very transparent, 👊

  • @Dimitrius1
    @Dimitrius1 Рік тому

    Risk management is definitely a key to success

  • @Dimitrius1
    @Dimitrius1 Рік тому

    Really nice review! Thank you!

  • @oscarswain3238
    @oscarswain3238 2 роки тому

    Thnks brother!

  • @dominicschender4341
    @dominicschender4341 2 роки тому

    Can you do a guardian review?

  • @mrhappysmiley2968
    @mrhappysmiley2968 2 роки тому

    Please don’t stop making videos

  • @SteveJonesOwnsDSP
    @SteveJonesOwnsDSP 2 роки тому

    thanks for this informative video. it was recommended by another user

  • @zallanq
    @zallanq 2 роки тому

    Are you reading the tape when you are taking these trades? Great video

  • @stunna2ash
    @stunna2ash 2 роки тому

    can you review venom? the same guys who make cobra

  • @kemalhasan3082
    @kemalhasan3082 2 роки тому

    hey man thanks for the video. Can u pls show us in detail where u enter, exit and your risk management? Thank you very much in advance. Loves

  • @NPDrives
    @NPDrives 2 роки тому

    Hello, Have you ever heard of Guardian Trading? I am looking to open a new account and was set on Cobra (was a long deciding battle between Cobra and Center point). However, recently found guardian trading and it seems like they may also be a good competitor for the best short availability. They use Velocity clearing house.

    • @TOPTICKTRADER
      @TOPTICKTRADER Рік тому

      You satisfied with Guardian for HTB locates?

  • @gapup7756
    @gapup7756 2 роки тому

    finally, someone explain ,what i want to hear exactly .

  • @LuisSanchez-dc2zp
    @LuisSanchez-dc2zp 2 роки тому

    Sorry for my language, but you’re a fucking genius. Clear as can be. Thank you for the info. I’m a super serious aspiring short seller trader. People like you help me a lot. I appreciate it!

    • @evanschunk6967
      @evanschunk6967 2 роки тому

      Thank you for the kind words man. Glad this video was helpful.

  • @karstenmanske7524
    @karstenmanske7524 2 роки тому

    Thanks. Great video!

  • @SamPutnam
    @SamPutnam 2 роки тому

    can you do a detailed breakdown of acy? if too much work one q- did you use a market order?

  • @SamPutnam
    @SamPutnam 2 роки тому

    how is your thinkorswim ondemand so fast?

  • @OpenHeartMinistry4
    @OpenHeartMinistry4 2 роки тому

    Awesome video! Quick question: With Cobra or Speedtrader can I just borrow say 5000 shares before market open and just take multiple trades, going in and out, throughout the day until I've used all 5000? Then after I used the 5000 I just have to go back in and locate them again if I want to enter and exit more positions? I was a little confused when you talked about not recycling shares and having to go back and locate them again? Thanks!

    • @Disciple_Mike
      @Disciple_Mike Рік тому

      How's it going brother! I had this question as well and I talked to both SpeedTrader and Cobra about this. It appears both these brokers do now allow recycling on shares not RegSho. So you could purchase locates for 500 shares and trade 10000 shares in that stock shorting 500 shares and buying back 500 each time. No need to repurchase locates after doing one 500 share trade.

    • @TOPTICKTRADER
      @TOPTICKTRADER Рік тому

      @@Disciple_Mike Isn't the last sentence of your reply the definition of recycling? Using the same batch of 500 over and over again?

    • @scottgiovanni7558
      @scottgiovanni7558 Рік тому

      Reach out to he’s telegram account

    • @scottgiovanni7558
      @scottgiovanni7558 Рік тому

      Eschunk8

  • @calinpretorian3489
    @calinpretorian3489 2 роки тому

    At what time in the pre market do the shares become eligible for shorts on Cobra Trading and Speedtrader?

  • @jewlenskyy5993
    @jewlenskyy5993 2 роки тому

    Will I be able to short at 4am with speed trader or is there a restriction?

  • @slavko5270
    @slavko5270 2 роки тому

    Great job! What is your usual locate fee for htb stocks in cobra ana centerpoint? In percent

    • @TOPTICKTRADER
      @TOPTICKTRADER Рік тому

      Found you answer somewhere else? I have the same question...

    • @slavko5270
      @slavko5270 Рік тому

      @@TOPTICKTRADER it is difficult to find answer in Russia) i tried speedtrader, they are very good.

  • @wally38
    @wally38 2 роки тому

    Great stuff man, the content you provide is gold. Question for ya. How did you manage your risk on this trade? I get the13.00 level that MM use to exit. So if and when that breaks they get there exit but when you you start to cover eg what were you risking then?

  • @thegarhwaliglobetrotter1051
    @thegarhwaliglobetrotter1051 2 роки тому

    Which scanner do you use??

    • @evanschunk6967
      @evanschunk6967 2 роки тому

      SCANZ

    • @thegarhwaliglobetrotter1051
      @thegarhwaliglobetrotter1051 2 роки тому

      @@evanschunk6967 Which broker allows shorting OTC's ? I mean ( <1$ ). As I am an international, TradeZero does not allow shorting stocks less than 1$ !! Any suggestions? Much appreciated

    • @evanschunk6967
      @evanschunk6967 2 роки тому

      @@thegarhwaliglobetrotter1051 Cobra, SpeedTrader, and CenterPoint allows it.

  • @cryptonow9462
    @cryptonow9462 2 роки тому

    Omg thank you for this video it was very helpful.

  • @Pingmin
    @Pingmin 2 роки тому

    Thank you, Evan, great reviews, very helpful.

  • @darrionnevils5336
    @darrionnevils5336 2 роки тому

    can you recycle shares on cobra trading?

    • @potodds_trading
      @potodds_trading 2 роки тому

      Nope. I use Cobra. He also mentioned they didn't in the video. Centerpoint apparently does allow recycling.

    • @evanschunk6967
      @evanschunk6967 2 роки тому

      not for stocks that are on REG SHOW

    • @OpenHeartMinistry4
      @OpenHeartMinistry4 2 роки тому

      I'm not sure I understand what you mean about recycling shares? For example can I locate 5000 shares and trade with them throughout the day then if I run out just go locate more? Is that what recycling shares means? Thanks.

    • @potodds_trading
      @potodds_trading 2 роки тому

      @@OpenHeartMinistry4 Recycle means use more than once. It's a total scam that now they want you to pay each time you reshort a stock. Some of these locates are ridiculously expensive. Now I have to pay more than once? I get stopped out on my first entry of the day and now I have to go to the hassle of rebuying the locate.

    • @OpenHeartMinistry4
      @OpenHeartMinistry4 2 роки тому

      @@potodds_trading so if I locate 1000 shares, then take an entry and exit totaling 500 for that round trip, then take another enter and exit totaling 500 for that round trip, which equals 1000 for the day so far, then I need to go locate more shares if I want to take more positions, correct? That seems normal? I think I'm misunderstanding recycling or something.

  • @potodds_trading
    @potodds_trading 2 роки тому

    No love for LightSpeed?

  • @moestaxx286
    @moestaxx286 2 роки тому

    hey even those charts are looking really nice on fidelity! do you trade on fidelity as well?

    • @evanschunk6967
      @evanschunk6967 2 роки тому

      I agree! But no i do not, just like using them for their charts

    • @moestaxx286
      @moestaxx286 2 роки тому

      @@evanschunk6967 got it. thanks for the response evan💪🏽

  • @RedCandles_
    @RedCandles_ 2 роки тому

    What did you use as a risk level for your shorts at the open and for your end of day swing short? Thanks!

  • @TheMikeDMedia
    @TheMikeDMedia 2 роки тому

    thanks so much!