All right good morning, everyone so we've got the youtube broadcast coming up warrior pro students we've already been chatting for a little bit, so we're going to start breaking down a watch list for this morning and see if we can find something to trade for those tuning. In perhaps for the first time on youtube, i want to remind you, as always, trading is risky. Most beginner traders lose money. My results are not typical, so you should assume as a beginner, that you'll lose money.

With that assumption in mind, don't trade money you can't afford to lose uh i'll, also remind you that youtube broadcast. Oh, i see my videos. I got ta refresh my video um. Let's see i'll fix that um there we go yeah.

I don't know what why that happened just got jammed up. I also remind you folks, on youtube that your broadcast is going to be always slightly delayed. We use ultra latency streaming servers, but youtube doesn't so just be mindful of that. Okay, all right, let's see all right that looks good, okay, so routine as always each morning is to look at the gap, scanner and see what is moving overall market is pulling back a bit, so it's worth being mindful of that.

It pulled back yesterday. It's pulling back a little bit more this morning, not that it's really i mean it's still range bound. It's not doing anything out of range, but you know it is gapping down a little bit all right. So our leading gapper to the upside is grtx.

15 million share flow gapping up 127 percent. I haven't taken any trades yet today my positions windows here no trades, yet i'm gon na make sure i'm in my retirement account all right. I am so this one had some news out. You know.

What's kind of interesting. Is this shows the news at 7? 00 am and then this, but it didn't do anything until 7 30.. So it's kind of odd uh, but it was was it halted? They halted for news. Someone says halton: okay, um yeah.

It was halted at 6 55 a.m. Okay, all right so resume, then at 7 30. that explains that popped up to 283 pulled back squeezes up to 311 nice one minute, pullback right here, very nice right there and then goes up to 350 micro pullback at the half dollar. We've seen that a thousand times it goes up to 391..

This sort of represents the front of the and now what we've just seen is this period of lower volume and kind of selling off, so it doesn't appear to be holding up. Uh super well, the one minute you know you can see it's below the volume weight average price, it's below its moving averages here, so we need to get back above volume, weight average price, the level 2 19 million shares of volume. You can see fairly stacked on the ask side there, so it seems a bit more thickly traded up to 13, but a stack at 13., so those are like little walls, so we'll see if it gets gets back up levels. I'd mark out right now would probably be back overview app.

332.. So it's up 126. That's for sure. You know it is up, but i don't know if we're gon na get any trades on it all right.

So that's the leading gap. Our second leading gapper is bore, and it's a two to one reverse split. Third leading gap is tmx. It's a 85 million share float at 47.

I'm going to skip it mind m-i-n-d. Well, now we're only in 25 gap, and this is a cheaper one too, and very similar in a way, a big pop and then that retracement. This is not uncommon. I try when something is popping to jump in and ride that wave right.

I want to ride that wave so right here, you know this is just settling back down nothing for me. There nes traded it yesterday uh. I don't see it's another big spike there at 4am, but retraced again, so sell-off spike sell-off. I don't see the opportunity on this one here: alzn uh, well, history of some pops on the daily, but a big sell-off on the ipo.

It's a ways away. What's the float on this 43 million shares, the vote is very light. The price is higher. It's a pharma stock.

It's a beating up chart. I just see the risk as being higher on it. Volume is light, floats a little higher. The price is higher.

It doesn't feel like the right day to jump on something like that. You know i, if it broke over 22 i'd be tempted to be a buyer, but then you've got the 200 right there, and i know it's only on the one minute, but i think the risk is too high on something like that. Hey. But you know thanks for bringing it to my attention, because you never know and again it's it's helpful to ha.

I hope it's helpful to have someone's input. Who's been doing this for a long time to be able to say uh today might not be the right day on that, and that's the funny thing on another day that might have ripped to 25 bucks, but the market would have had to have been really hot And there would have been more kind of fomo momo in the market, embrace the chase everything else, and i i don't think today's the day on that particular stock and at that price range. I don't think there's going to be any new news on grtx. They already have one headline out this morning: it's not breaking the v-wap, so scans are pretty light volume across the board.

This is all very light volume in this area. If we sort by volume the highest volume is grtx. So that's what the most uh traders have already been, focusing on so they're saying they're hosting a live conference called tuesday. The 14th at 8 30 a.m.

So yeah, depending on how things that are said in that it's always risky to trade during a conference call. So from a technical perspective, the v web would be the the spot that we'd be watching. You could consider this ascending support in this area, but it would be you know, a dip below v wap. So a little bit of risk on that.

Remember with that first trade, we're looking for you know: 10 cents, a share, 15 cents. A share get on the scoreboard, get green. You want to avoid going red on your first trade, so the first trade needs to be a pretty solid setup. I would say an entry below v whap would be a little risky for the first trade.

I would have to be willing to take a bit more risk than i'm in the mood to take right now they do have a shelf registration um. So it's worth being mindful of that, but their total cash and cash equivalence is increased year over year, but royalty purchase liabilities increase too. So i don't know that's funny eric yeah. We we had some good opportunities on that one.

So this is breaking descending or ascending. Support had some good times with hlbz, but it's falling back. So scanners are running news. Feed is giving me headlines so everything's dialed in for those on youtube uh.

This uh software here is our uh, our own software. These are our scanners that we've developed and, of course the chat room is over here with live broadcast. Okay, foreign, nice ryan. You uh run what so grtx is pulled back a little bit 283 yeah a chandler.

Most traders would just ignore it uh. So question about signing up for the classes. This is the page here for christmas holiday, new year's eve sales, so i can give you that link and, of course, warrior pro students. As always, if you'd like to upgrade your membership, we have membership loyalty programs.

So you can upgrade discounted rates i'll, give you the email, um, there's uh for holiday, uh membership, renewals for warrior pro students, that's the email! You should send to um all right. It's like having uh a lot of firewood stacked under the woodshed. That's that feels good! Well, i guess i'm gon na be working until then too no nadia, no one does anything for free, uh. Listen, it costs money to do anything.

It costs money to run a website. It costs money to run the servers. It costs money to run the scanners. It costs money to run the market data feeds.

I've spent over 2 million dollars this year, just on market data for our students. So you know i'm up three and a half million trading. I can't pay for that out of my pocket, so you know it's it's your choice. You can learn on your own and you could sign up for some some other.

I don't know some free, something or other. If you want but um, i don't. I don't know what to tell you, i don't get paid to run the youtube channel. I don't monetize my youtube account, there's no ads on youtube for me for my channel, so it's about 8.

43. 8. 44.. Right now.

You know 9 a.m. Coming up we'll see if we've got news at 9 00 a.m, thanks james, hey good for you, that's awesome! So one trade a day it's a small account way and especially for those in trader rehab, take it slow. We just got ta wait for the one. So hmm yeah amc coming back down gamestop as well.

They trade a bit in tandem, but these are bigger technical breakdowns on both of these. I think that would be considered too much trading for a beginner yeah, probably yeah. We use ultra low latency streaming servers for our students, so the broadcast is almost and it's as close to real time as it could possibly be. We would be able to it's just as fast as it can be right now with current technology, but that costs money too.

So that's not something that you get when you do a live broadcast on like youtube or facebook. Now youtube and facebook can be fast depending on where you log in from but they're, not they're, not as fast. So no my results are not typical trading is risky. Thank you.

Grtx may be curling a little bit, but it's not up enough. So yesterday we had bfri, which uh actually ended up uh, squeezing up a bit uh through the whole day. It was a grinder, it really was so. I've got a couple trades on bfr.

It was a little choppy at the open. Then it rallied back up, dropped down rallied back up, so it was a. It was a choppier stock, but i finished green on it, so i i'm not watching it today for continuation, particularly it didn't hold up. You know again it had that pullback going into the close same as nes yes day trading is very risky.

I don't see the big bid on grtx right now. Maybe i missed it you about seven, seven minutes until nine, so this is the part of trading. That's just being patient sitting and waiting. Just like a lot of other things.

I suppose you, you hmm, you hmm happy birthday deb. So you know what we've been seeing with even the breaking news headlines like on grtx sort of a big spike. Some of them are big, some of them are not as big but a spike and then a reversal, so it's it makes it tricky to jump on the move up, because you don't know how high it's going to go depends on the quality of the news. The stock that the news is on there's a lot of factors in play, but uh, you know it's a challenge and then you know that reversal seems to be coming in.

So it's been, it's been like a week or maybe more since we had one that really held and then just kind of ripped those early short sellers as it squeezed higher. So i'm waiting for the next one to be really strong and give us some really good momentum and, in the meantime, just trying to catch little base hits on. You know what's popping up, not expecting a whole lot, but if i can get 10 15 cents a share, you know whatever it is. I'm happy for that.

So we've got two minutes until 9am yep. I see the s p. 500. So we're on a gap down b-o-r-r is a reverse split, with basically no volume and the high flow.

So i don't think it's going to do much. Strn someone had mentioned that one yeah, you know it. It had that uh. I think it was an offering and dropped down to 450 and is now back up the high there.

627 i'd be pretty cautious on it. Isig i didn't see how that closed yesterday, yeah pulled back so daily. Moving average of the nine is at 15, so a spot to watch, um conor i'll have to find out soon pretty soon. I think you yeah finding the one is: is the challenge so right now, scanners are only included for warrior pro students warrior starter students, so we don't have them as a standalone product.

It's the same with the chat room, rmti cheap stock traded it a couple times. Uh i'll buy that and just see if it opens up through 450. there's 468, i'm going to take it off the table. Remember 10 cents a day.

Take your 10 cents. New order will go with a high of 480. 480. Is the new high news at 9am watching, for i could dip trade it? But you know that's the type where you get in you get your profit you get out until it proves itself.

I was in the 30s hit a high there of 80. seller 23.. This one has a history of these red candles, so a little cautious on it, so that i mean that trade was so fast that those on youtube by the time you even heard that i bought i was already out that was your lag on youtube - is more Than that entire trade was in length, so that was just a quick, quick break out on that news, but you know, but even for even for pro students, you need to know your entries. You don't blindly follow.

If you see a setup, if you see news, you look at levels, you take the trade as it goes up. You take your profit right. Some of them will some of them will last some of them. Won't grtx is still on watch nice monolith mom, like you, know, good entry, better entry than me, but yep sold on the ask so kind of interesting how grtx is cross.

This yellow line here got above it back below. It sounds good allison um. I got 8 888 shares just through partial fills on that trade, but my entries, i got a ton of partial fills on my entries. 300 shares 1100 shares.

I just kept getting partial, fills no matthew, uh, three thousand four thousand and five thousand well. The order stays open until i cancel it, and then i usually cancel it. If it just goes above, my limit, there's no sense in leaving it there if it comes back down and fills on the drop if it drops back down, that's not going to work. So i just cancel the order so see this line very interesting here.

It's a descending resistance line that has kind of become support, but it's right in this area, yeah, the partial fill, is at the top of the limit order and if the price goes above it, then i don't fill the rest of my order. Fhtx from yesterday yeah, you got a little bit of a move after hours up to 20 80.. No, i haven't jeff, no cancel order issues, foreign a retirement account, so fhtx is a tricky one, because it's not on the scanner. It's not a gapper.

It's p, possibly a continuation stock, but there was news yesterday, but i don't think it's obvious enough. Uh joseph you can sign up for the classes. Um i'll put the link right here, but this is our uh holiday sales page for the warrior pro course. Yes, ryan, email, um i'll, give you the link right here.

Yes, john. Thank you day trading is risky. Most day traders lose money. You can read our full disclaimer right here.

Well, as a momentum trader, buy high and sell higher is pretty much my mentality, which means i often am chasing a little bit uh. So i have to measure that against the current market that we're in whether or not the news is strong enough to chase and i'm not always sure uh, i don't always make the right call, there's no guarantee of success. That's for sure. So you know tim.

That's a situation where you want to put yourself in a trade of rehab for sure absolutely it's a you have to stop the bleeding right if you're losing and it's not working you've got to stop the bleeding. You've got to step back back to sim back to small size. The longer you can keep your head above water, the better. So if you're going big and you're taking big losses, it's not sustainable.

We all know that ryan. That's a good question on the sterling platform and i'm not totally sure uh govex. The reason i was has, i was a little hesitant on it and didn't go bigger on is because the history of popping and dropping on the daily these red candles there was news out on it. So i took the trade, but i didn't go 8.

800 shares is small size for me all right, so we've got about 15 minutes to the bell. It does seem like uh things are slow right now. Grtx was our leading gapper, but uh right now, uh. Well, what would you say still holding this yellow line, but needs to get back over vwap right 312., so dan uh, i'm gon na, encourage you to attend the trader rehab class, i'm gon na be teaching later this month and i would encourage you also to attend.

Fomo friday on fridays, with ted and diane scac, now not interested in that i will fill you in on the date and time of that class. We have to schedule it with uh ted yep back over three. It's just there's not a lot of range on it. I mean that's kind of the problem.

There's not a lot of range 308. You well. It certainly seems like we're in a little bit of a lull here and without an obvious gap or going into the open. The levels on grtx would be back over 308.

This double top through the v web up to 332 and then from there you know you've got back to your pre-market highs 3.91, but i'm not sure that that's going to. I don't know that we're going to see that - and i don't know that's going to be a clean move, even if we do so today is probably going to be a no trade day for many or no more trade day. For me, i try to get green by the opening bell, but if we don't have any gappers, that's the rule of thumb, no gappers no trades. So i have that there to remind me there's nothing that looks good right now.

It's a a sure sign of a choppy day ahead. So there's nothing. We could do about that. We jump on the momentum when we have it.

If we don't have it, we don't have it. So i show up every day hoping to see something with some momentum. Providing some opportunity, and most days we get something today i got a little something, but not a lot, uh well off my daily goal and unless something really starts to look good at the open and halts or does something very interesting, it's likely that i won't get Too much more today, yeah essc. This was from yesterday volume again on it.

Um like a couple. Others is pretty light sort of right into a descending resistance level. There see how it almost taps that perfectly but very light volume, so yep. So we just got to keep waiting for that momo waiting for the momentum, we'll get it.

It always comes in waves and it's clustered together. We have little pockets where there's a ton of opportunity and that slows down again and then again another window with lots of opportunity and then slows down again. It's the ebb and the flow it's how it's always been, sometimes they're. Longer stretches of momentum sometimes longer stretches where it's cold, but it always goes back and forth back and forth.

Well, typically uh october november december january february march. Those six months are typically my strongest of the year. So this is a little unusual because, usually november and december are quite strong november was terrific, but december has been so far slower. So you know it's halfway, we're halfway through the month and it's it is slow.

But what can you do it? Some? The market doesn't always follow that calendar, you know. Sometimes it does. Sometimes it doesn't big spreads on essc. I don't think you missed too much yet all right.

Five minutes to the bell so for those tuning in on youtube, i hope you've enjoyed the morning show hope you found some educational value in it. If you have, i hope you hit the thumbs up, i'm going to end the youtube broadcast at the opening bell and we'll be continuing to broadcast to stoop for students and we'll see uh. Maybe if there are some more opportunities, uh roderick, the continuation that it was it was traded yesterday, someone mentioned to take a look so unfortunately not going to be looking at any uh gappers into the open. So the first few minutes, we'll just be sitting and watching and seeing what we get today, would have easily been a no trade day.

If i had looked away for two minutes and missed that 9 a.m: news on govx. But i didn't miss it because i you know, i know that we usually get news at 9am igc. I see it popping up. I see the news just posted 925.

I also recognize that the price is lower and it's below the 200 moving average and that's without even looking at the float igc float. 48 million shares 46 million. So no interest that takes just a few seconds to do that. Due diligence check now, govx, that's a stock, i'm familiar with.

So if i saw a headline on that immediately, i jump faster. If i see you know isig i'm going to jump faster because i know the stock i'm familiar with it, but once i'm not familiar with like igc, then i've got to go and check the float. That's an extra step. It doesn't take that long, but it's an extra step - and you know seconds matter on these types of um, no brian they're, not synced, so i have to i've got to enter it here and then i've got to enter it separately.

In my trading platform, you know i i use uh three or four different tools. That's what a lot of traders uh will end up. Doing i mean some people will be consolidated in like td ameritrade, but or maybe e-trade, or something like that td ameritrade has pretty good charts, but a lot of the discount brokers or the direct access brokers. Don't have very good charts.

So then, you're really just using that broker for your order, execution right. This is just order execution here. That's all. This is no charting no scanning just order execution, which is fine uh for me and that's how i've done it for for forever pretty much.

So i'm i'm okay with that, but it means i have to use something else for scanning and news and something else for charting. So it does sometimes result in having to enter things multiple times. It would be nice if e-signal added float. So as soon as i pulled up a stock, it said the float tc2000 does do that, but e-signal doesn't so.

You know that's uh, just another one of those things that there's no no perfect platform yet, but we're moving in the right direction, with our uh scanners and our news. So we just have to add a couple more things here and it will be the perfect platform. All right so mint to the bell. Thank you again on youtube.

I do sometimes uh stream past 9 30 uh on youtube. Usually i will, if i'm, if there's something really hot, if there's something really exciting and i'm already, you know in a trade at 9, 28 i'll, just trade and stream until 10 a.m. But that's that's more of a special occasion and it's if something is really moving. So youtube folks, if you want to be able to watch all day every day or as long as i'm trading and all of our rooms, if you want the scanners, if you want the the news feed, you want the classes, you got to be a member.

That's right: jenna! You.