All right so um, i just wanted to kind of start by uh, just sort of taking a look at the big picture of this year, where we're at here it's december 3rd, we're coming towards the end of the year started a little rough for me. I did have a drawdown in january and then i had another drawdown in february. This is the biggest drawdown of my career 340 000 drawdown before recovering finishing february, green and sitting right now at um, around 3.5 million dollars, and that is in net profit after fees and commissions uh gross profit is 3.9. Last year uh, i did uh just about 5 million in gross profit.

Uh. 31. 20. 20..

Let's see there, we go uh, so i'm about a million shy of where i was last year uh, but we still of course, have the whole month ahead of us. So i might end up being uh 10 lower than than last year. If i finish at 4.5 in gross, but that's that's not bad um. You know some years are going to be bigger than others and that's to be expected.

So uh anyways i'll put that back down there. I suppose i should say for those um, i just started the youtube broadcast so for those tuning in for the first time, uh my results are not typical. I share my results with you. Both the uh green days and the red days yesterday, uh was a red day.

I was down 52 000 by the end of the day, uh, which was disappointing, hold on um. What's going on here, um i'm trying to log into my account. It's not letting me! Oh, that's: that's what the problem was: caplocks, okay, there we go so getting logged in here and i'm going to switch first thing to my retirement account uh, which i forgot to do yesterday. So this is my retirement account.

I'm cash in both accounts right now. So that's fine uh, but anyways. Yes, my results are not typical uh, so you shouldn't expect that you'll achieve a typical result as a beginner trader. In fact, you should expect that you will lose money.

There is no guarantee of success in the market. There's no guarantee that you'll be successful, just because you're learning from someone who is successful. However, with that said, i think that it makes a lot of sense to learn from someone who is proven profitable and the only way you know someone is profitable is if they show you how much they make. So i show you because i do think that that is important for you as a as a student, all right, let's see so it's about 8 21 um still a little early here, not seeing anything, i'm crazy about leading gappers are sort of on the light side.

We don't have um super super. It's anything. Super super exciting right now, let's see so my total all-time uh gross profit. So i started from uh january 1st 2017..

That's not all time, but that was the beginning of my small count challenge. So i started um. Oh, what's going on this, isn't right: um 117.! There we go there. We go uh, so i'm just over 10 million in gross profit since january 1st 2017..

So 17. 18. 19. 20.

21.. So it's taken five years, but that's where i'm at right! Now it's taken! 17 000 trades false breakout on cyad there yep. I see that so popped up and dropped back down. Cfvi yesterday was uh pretty choppy we didn't get.

I i didn't think that was easy to trade at all. I lost maybe seven grand on it total by six grand by the end of the day, so at the moment kind of sitting tight, i'm hoping that we have some breaking news um. That would be very nice if we do. We certainly may it is friday, though so not the best time a week to catch breaking news, but you never know warning chris.

That's on the s p. 500. Well, you know i mean got shaken up a little bit um, but all things considered big picture. We're still fairly bullish, i mean it's a pullback, but still above the 200 moving average.

Let me check it out. George see i i don't. I don't know about that. The daily charts i'm not sure that that one's going to work leading gap is only 29.

So right now what we have nothing is up enough. Nothing is like really juicy. We may get something, and it's not going to take a lot, but right now wait waiting game. So, john for news uh, we have a news feed, of course, um that puts selected headlines right into um this this chat platform, so i can check for news there uh.

If i click on a stock like cyad, it's going to open up our website where we have a news feed right down here. So that's pretty much where i look tom z. Let's look it's a little on the cheap side and it's below the 200 moving average and i don't see news on it. So that's my quick, quick due diligence, then i'm going to check the float and 14 million shares, i'm not sure, right now below the 200.

A little on the cheaper side and not seeing news yet so right here is where. If there was news at 8, i would have expected it to be posted. If there was news that just came out, maybe i've missed it, but some traders, like the lower price stocks like this, the high is 220, but it's not on my scanner just yet, probably because the relative volume is a little too low. It had high volume.

A couple days ago, and today relatively is, is lighter on volume, so i mean there's headlines, there's certainly headlines on stocks being posted. You know at probably every minute of the day, so we use a proprietary service that puts in selected headlines that are more relevant for active traders like ourselves, ispc uh! Well, this one. You know you got some action on a couple days ago, but i'm not sure right here. If this is one that i would uh go for and you know tomz had you done that one minute micro, pullback uh at 17, you did get the break of 20 up to 27.

So you know you got something on it, but i just don't know if it's gon na stick because you've got the 274 200 moving average right there right. It's not that far away, and so this right here was first pull back at two. This is the second pull back here. I usually get cautious on the third pullback because by the time you're having a third pullback, you've got an extended five-minute chart, so i'm gon na be looking for news.

At 8, 30. yep same i've got the same same approach. There so we'll see if we find something that um starts to rip so i've got. My scanners turned on my audio alerts, turned on and my hotkeys ready to go picture of this real quick.

So we can all say a little a little prayer for momentum. Now you don't want to be praying when you're holding a position. Hope is not a strategy but can always be hopeful for some nice momentum. I certainly am see so you see this is a little um.

We've got about five seconds to 8 30.. All right, i'm i'm counting on you guys. Tell me where tell me where it's at my barrack says: i'm a poor stock analyzer, i'm just a wave jumper! Well, you know i'll take the compliment. Uh wave! Jumping! That's momentum trading there.

It really is, you know, i'm not a fundamental um analyst, that's not my approach, it never has been. It's listen, guys we're never going to have an edge against the hedge funds. Who are you know buddy buddy, with people in the c-suite of these big companies? We're never going to have that edge, so our edge has to be technical analysis. I mean that's just that's just my opinion, but it's worked for me when i try to i mean if you think you can do fundamental analysis as as good as the best.

You know go for it, but you're always going to be steps behind them. So i am a technical trader. I focus on momo. I look for stocks moving quickly and certainly you know you can get burn trading like that.

I have my have had my fair share of losses and there's times where i'll take a trade and i'll think. Oh, you know that's um that that maybe wasn't uh the best one. Maybe i should have held on that, but you know held off on it, but you try to get better in time and you can argue technical analysis well, you're fighting against the algos and you are, you certainly are, which is why you've got to be. In my opinion, focusing on stocks with high relative volume, so that's what i focus on high relative volume stocks moving quickly.

Those are typically the ones that retail traders are going to focus on as well yeah. So, usually i don't worry as much about algos when we're trading stocks with extremely high relative volume, a little premature on tomz on the five minute, because you can see how it's got a high of 30.. It's pulled back: it's not a bull flag, yet tesla higher price stock, of course, so tomz you could have traded that if you wanted to, that was the third pullback right there and it got bought up. So you went from 22 up to 36..

Highest volume was on that candle no trades for me on it. Yet at this point you just have it a little bit more extended on the five minute right, it's just getting a bit more extended. So that's where i think i need to be a little careful, but others might not mind jumping in and out for a quick 10 cents on 2 000 shares that'd be 200 bucks right. What you have going for you is that it is the leading gapper but we'll see if something else pops up in the meantime.

So i was listening to this podcast about this young fella who went missing in 1995. Well, not exactly. It was a um, a young fellow whose whose body was found uh in a car wreck, but he didn't have any identification on him, but he had a a ticket from a grateful dead concert and he's been uh identified fairly. Recently, thanks to people on the internet kind of putting pieces together and being able to figure out who this who this guy was, he had no id nothing, but he had tickets to a concert, and so the last show that he would have attended was uh.

June 25th, 1995 and presumably um this would have been the last song he heard so i'll play this here for a moment. I just kind of thought about thought about him and how unfortunate that was that he didn't make it to the next show. I will sit here and wait for something else to pop up is um. Oh, i will see you come on.

Oh safely. Oh h, it will move yeah. Well, i don't see too much going on here. It's about 8 41..

We still have about 20 minutes until 9 a.m. I'm hopeful that we see something between now and the open yeah i saw lgvn lg vn is our third leading gap. We're up 25 3.29 million share, float. Well, we've traded it quite a bit.

We traded it when it made this big move up and now it's on the back side, so it may pop up off the lows, but it's not my favorite setup. You know i'll trade, those occasionally, but it's not my favorite tomz pulling back on the five. So you did end up getting a little bit more there than i thought no trades for me on that one um yeah, that's interesting! I mean it looks like the news has already been out. So you.