Trading on the GO: Mobile Live Trading Insights Feb 12, 2026 Live

Key Concepts

• SMR: (Likely refers to a specific stock or trading strategy, contextually the trader’s “number one trade”)
• P&L: Profit and Loss
• VWOP: Volume Weighted Average Price – a trading benchmark.
• IBIT: (Likely referring to iShares Bitcoin Trust - a Bitcoin ETF)
• VWAP: Volume Weighted Average Price – similar to VWOP, used for execution.
• TQQs: ProShares UltraPro QQQ – a leveraged ETF tracking the Nasdaq 100.
• PLTR: Palantir Technologies – a data analytics company.
• DXY: U.S. Dollar Index – measures the value of the dollar relative to a basket of currencies.
• CPI: Consumer Price Index – a measure of inflation.
• XLE: Energy Select Sector SPDR Fund – an ETF tracking the energy sector.
• XBI: SPDR S&P Biotech ETF – an ETF tracking the biotechnology sector.
• XLK: Technology Select Sector SPDR Fund – an ETF tracking the technology sector.
• XOM: ExxonMobil – an energy company.
• SIDU: (Likely a stock ticker, contextually a short position)
• ARKK/ARKQ: ETFs managed by Cathie Wood, focused on disruptive innovation.
• SSR: Short Squeeze Risk – a condition where a stock is heavily shorted and prone to rapid price increases.

Market Overview & Trading Strategies

The discussion centers around navigating a volatile market, with a focus on short-term trading opportunities in stocks, futures (specifically TQQQs), and Bitcoin (via IBIT). The traders emphasize disciplined risk management, specifically exiting positions when key levels are broken to avoid significant losses. Averaging into losing positions is discouraged.

1. Bitcoin & IBIT Analysis:

The conversation begins with a review of Bitcoin’s price action, specifically referencing a “VWOP trend break” on IBIT. The strategy involves taking profits on the initial move and looking for “reloads” (re-entry points) at VWAP if the price pulls back. If Bitcoin continues to decline, the traders will observe and potentially short the asset. The speaker notes a potential shift in sentiment around the $70,000-$73,000 level, suggesting some investors may be reconsidering their bullish positions.

2. Individual Stock Analysis:

• PLTR (Palantir): The traders observe a “flat bottom break” in PLTR, indicating a strong bearish signal. They are primarily focused on shorting opportunities.
• Netflix (NFLX): Mentioned in relation to an insider sale, suggesting potential weakness.
• Fastly (FSLY): Identified as a potential short opportunity due to a breakout from VWAP, but caution is advised if it loses VWAP support, which could trigger a significant gap down. Locates (availability to short the stock) are confirmed.
• Amazon (AMZN): Highlighted as being on its eighth consecutive losing day, approaching its earnings low at $198. The traders acknowledge the bearish structure.
• EA (Electronic Arts): Presented as a potential long opportunity, based on a trend break and potential reload at VWAP.
• SoFi (SOFI): Analyzed as a short opportunity, having lost its 200-period moving average. Support levels are identified around $18 and the low to mid-teens.
• Volkswagen (VOW): Randy (a guest trader) highlights Volkswagen as a potential long play, citing positive developments in the pipeline and a diversified business model (ICE, hybrids, EVs).
• Circle: Obie’s successful short position in Circle is highlighted.

3. Futures Trading (TQQQs):

The TQQQs (ProShares UltraPro QQQ) are a primary focus, with the traders actively shorting the futures contract as the market declines. Key support levels are identified around 608 on the Qs, and potential bounce opportunities are discussed. The traders emphasize the profitability of their short positions.

Macroeconomic & Regulatory Context

• SEC Investigation: Senator Tillis is interrogating SEC Chair Paul Atkins regarding the US government’s stakes in companies like LAC, MP, and Intel. This raises concerns about potential market manipulation and regulatory overreach. Trump companies are also being mentioned in the investigation.
• Inflation Data (CPI): Upcoming CPI data (February 13th) is anticipated to show a slight uptick in month-over-month core CPI but a cooling in year-over-year CPI.
• Dollar Strength (DXY): The US Dollar Index (DXY) is experiencing a five-day losing streak, testing support around 96.5. Further support levels are identified at 96.3 and 95.6.

Trading Methodology & Risk Management

The traders employ a technical analysis-based approach, focusing on:

• Trend Breaks: Identifying breakouts and breakdowns as entry signals.
• VWAP/VWOP: Using Volume Weighted Average Price as a key level for entry, exit, and reload opportunities.
• Support & Resistance Levels: Identifying key price levels to anticipate potential reversals or continuations.
• Disciplined Exits: Emphasizing the importance of exiting positions when key levels are breached to limit losses.
• Position Sizing: Discussing the differences in pricing and fees between TQQQs and SQ (ProShares UltraPro Short QQQ).
• Locates: Confirming the availability of shares to short before initiating a short position.

Notable Quotes:

• “Get out of your trade. Don't worry about it. And then don't just keep on averaging in until high noon.” – Emphasizing the importance of cutting losses.
• “If you had money on it, you're not going to be happy about it.” – Commenting on the potential bias of a trader (Dave Portnoy) due to personal financial interests.
• “Nothing has gone crazy. That's sort of the problem with this.” – Reflecting on the lack of exceptionally large winning trades.
• “I'd rather be short when the market's going down.” – Explaining the preference for shorting during a market decline.

Performance Tracking & Competition

The traders are participating in a trading competition, with performance tracked and publicly displayed. Randy is currently leading with a 24% gain on XOM, while Obie is performing well with short positions in SIDU and Circle.

Synthesis & Conclusion

The session highlights a cautious yet opportunistic approach to trading in a volatile market. The traders prioritize risk management, technical analysis, and disciplined execution. They are actively monitoring macroeconomic factors and regulatory developments that could impact market sentiment. The emphasis on identifying specific entry and exit points, coupled with a willingness to adapt to changing market conditions, underscores a pragmatic and data-driven trading style. The discussion also reveals the importance of staying informed about individual stocks and broader market trends to capitalize on short-term opportunities.