RED DAY on Day 6 of my Small Account Challenge

Summarize the following YouTube trading video transcript. Extract:
- Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each
- Key trading strategy
- Indicators used
- Entry/exit rules and suggested trades
- Timeframes mentioned
- Risk management tips
Format the summary in clear bullet points.

Transcript:
{transcript}

Here's a summary of the YouTube trading video transcript: **Stock Tickers Mentioned:** * CDT (biotech stock) * W (stock with recent reverse split) **Price Levels:** * Support: + $1.39 (entry point for CDT trade) + $1.40 40 (rejection point for CDT trade) + $2 (psychological resistance level for CDT trade) * Resistance: + $6 (peak price of CDT trade) + $150 (breakout level for W trade) * Targets: + $1.50 (target for CDT trade) + $7 (target for W trade) **Key Trading Strategy:** * The trader uses a combination of technical analysis and risk management to make trades. * The strategy involves identifying patterns, using indicators, and managing risk to maximize profits. **Indicators Used:** * MACD (Moving Average Convergence Divergence) * Volume Profile **Entry/Exit Rules and Suggested Trades:** * Entry: + Look for micro pullbacks in stocks with high volume + Use technical analysis to identify patterns and trends * Exit: + Set stop-losses to limit losses + Use risk management techniques to minimize losses * Trade 1 (CDT): + Entered at $1.39 + Sold at break-even ($1.40 40) + Lost $463 on trade * Trade 2 (CDT): + Entered at $1.50 + Sold at loss ($1.40 40) + Lost $1,151.73 on trade * Trade 3 (CDT): + Entered at $1.39 + Sold at loss ($1.40 40) + Lost $1,151.73 on trade * Trade 4 (W): + Entered at micro pullback + Sold at profit ($58,660) **Timeframes Mentioned:** * Day 6 of the small account challenge **Risk Management Tips:** * Set stop-losses to limit losses * Use risk management techniques to minimize losses * Don't chase losses or try to recoup losses by taking more trades Note that the trader's strategy and indicators are not explicitly stated in the transcript, but can be inferred from their actions and decisions.