All right, so we're gonna get started here. Um, I'm gonna start the Youtube broadcast. Thank you guys on Youtube who are tuning in. Disclaimer here and reminder as always in case you didn't already know, trading is risky.

Most beginner traders lose money and my results are not typical. so take it slow and don't try to blindly follow me or anyone else. The Youtube channel is on a slight delay versus the ultra low latency stream that goes out to Warrior Pro members and members subscribing to Day Trade Dash. All right.

So remember Day Trade Dash. Those are tools only scans, tools, broadcast news, no classes, no support. It's just tools. Those who want mentoring, more support.

That's over Warrior Trading. We can go through my Warrior Starter Warrior Pro curriculum and have daily mentor sessions and everything else. Okay, so uh, we're gonna jump in here today. I'm uh, just gonna continue a conversation that we were having with Um.

members. Uh, just a few minutes ago. Uh, in a second while we were, um, sort of sitting down, you can see I've already taken some trades on Mob. Uh, this one is similar to Mgam.

It's a recent ipo dead cat bounce now and not like a super super. It's a it's a bounce. It's not like it's sold off. Crazy.

This wasn't a sell-off like Meg L. by any means from 250 down to five bucks. Um, so I wouldn't expect a 300 percent bounce like what we got on Meg L. You know you drop a ball off a skyscraper.

I think you're going to get a bigger bounce. And if You drop it, you know from the second floor. So I'm I'm no, you know, I I'm I'm no scientist, but that's just. uh, you know I'm just a average fellow.

but that's that's my, that's my guess. So as I apply that to mob, it makes me think that expectations should be uh, sort of. you know, tempered to the fact that this went from a high of ooh, 666. That's the mark of the Devil, So that makes me a little nervous.

Um, down to a low of 223. And now here you know, back up to 350.. So I think we are a little extended on this. um, I'm interested in it, but I'm just gonna.

I'm just gonna keep it on watch. So that's our actual third leading gapper. The leader is a lower price stock Nuwe 93 Gap, which is great, but it's cheaper leaving that alone. Nogn noggin, um, Spac merger.

It's below the ten dollar stack price, so I'm not that interested in that. um, yrd, no interest hour, no interest. So those ones I'm not too interested in. um, but earlier this morning and let me just go back up.

Um, oh and hey, by the way, um, latest episode to the podcast is now live. This was an interview that I did, uh, earlier this summer with my most recent student here at Warrior Trading who crossed over 1 million dollars in profit. That was Max. So max your interview's already.

um set aside in the full interview our archives for Warrior Pro members, we put it on the podcast. uh, it's going to be on Youtube also. So congratulations to you, thank you and um, I can't wait uh to have another interview with you soon And you know I was thinking about maybe giving you the opportunity if you're interested. You know you think about it of doing a kind of a mentor session where you uh, walk traders through a little bit more the detail of your strategy.

We did high level in this podcast, but um, you know, maybe I'm sure people would enjoy it. So anyways, mull it over, think about if that's something you'd want to do. so that's uh, posted there. Uh, we'll get it maybe to Youtube next week or something like that.

but uh, it's posted there first. So I wanted to, um, comment on two things. So one, michael a subscriber over on day trade dash. He said Ross since trading is risky and of course it is.

have you considered just stopping where you're at? And I thought that was a really interesting question because um, and I think I maybe I interpret it differently from how he meant it. But the way the way I thought about that is, you know I say it every day. Trading is a risky. Trading is risky.

You know I, it's like and and it's it is risky. It's not risky to me, Um, like smoking cigarettes is risky. Smoking cigarettes is risky when you start and it continues to be risky every single day that you smoke cigarettes. And the longer you smoke, you know the more you're exposing yourself to something.

something happening. And trading is very, very risky for those who are getting started because most beginner traders lose money and most people fail. But if you become the small percentage who actually finds success, then the risk profile actually changes quite a bit. It does continue to be risky every day, you could sit down and on any day you could lose money.

But if you have a strategy and you've been trading for a long time, then you have a system of how you manage risk And that system is what keeps your head above water. That system is what prevents you from ever having like a single trade that gives back everything you've ever made. So for me, I have over 10 million in gross profit to my uh, actually 10 million in net profit. Let's say almost 11 and a half.

Maybe 12 million in gross profit. Right now I have a little over six hundred thousand in my trading account, which is actually quite a bit more than I need. My biggest position on Mob today was ten thousand shares. It's a three dollar stock, so that's thirty thirty thousand dollars.

Uh, But in any case, I don't have enough money in my account to empower one trade to like blow up my career. And and that's important. You know you take profit out and so I don't really have that. I've never really had that thought of like wow, this is so risky I should just quit while I'm ahead.

You know it's it's not like, um, you know it's not like smoking cigarettes or something like that where every single day you're doing it, You're just like, oh, you know, when is this gonna, when am I gonna, You know, have have something like terrible happen. You know, with trading? Yes, losses happen and that's part of your career as a trader. But as long as you manage your risk, you know you don't take too much risk on any particular trade. You keep your account small enough that even if you have a blow up, it's not catastrophic.

Then I think you can stay in the game for a really long time. And then you know. Stepping back it becomes a question of changing your schedule or maybe a lifestyle change or the opportunity cost. You know, if you found something else that could make you more money or something else that you just enjoyed more then that is a fine reason to step back from trading.

And we've had members that have done exactly that. Uh, one of our million dollar members this year said, you know this year is so slow in the bear market I'm just going to step back and I'm going to focus on my other business because he's got another business which many, many traders do and that's fine. You know you can't fault him for that so that that's not uncommon. Uh, Chris.

Um, and I wanted to highlight this. Posted his metrics earlier this month. So Chris has a 100k badge. Um, 89 000 right now? Phenomenal.

And look at this. accuracy. This is really, really impressive. I have and I know he's trading with real money because we've verified with his broker statements as badge I've never had.

I don't think I've ever had a month where I was at 97. I mean, I've had some good months, but 97 is phenomenal. And it's not just on like five or 10 trades, it's on 312 trades. But notice this: his average winners are 600, his average losers are 10 000..

So that really speaks to strategy and this decision to focus on accuracy versus profit loss ratio. Now, the net profit is there. The total gain is 89 000. You, you can't fault that and you can't fault that accuracy.

But you know he obviously had a couple losses that got away from him during the month, so you know we kind of looked at that as like, all right, that might be an opportunity for him to kind of tighten those down a little bit. Um, and then there were a couple other traders that posted theirs as well. Jack posted his. He was I think 93 percent.

Um, you know, a slightly better profit loss ratio and there were a few others too. So anyways, um, you know, love seeing you guys, um, throwing down some nice numbers and for those that, um, aren't aware in the warrior room, you can just go by verified profitable if you want and it changes the feed pretty dramatically to only seeing the comments from traders who have those profitability badges. Again, not to say that. um, that's always the way that you want to do it.

You can have followed users, you can have senior users, senior users are members who have been around for um, a while. I don't remember what the date was, but they've been around for a while. Uh, and then of course you have moderators and things like that. or you just do all users like I do.

but that's kind of a nice, um, a nice way you can customize the feed to your liking. All right. So anyways, um, a little bit of a tangent there, but just, uh, kind of wanted to talk a little bit about that and um, give you guys some praise who have been doing a great job. My goal today is to try to finish the month in the green and I'm sitting at 2700 right now which is green, but it's about halfway to the daily goal.

So at this point right now since it feels important to me to try to close the day green, Uh, here. being the last day of the month, I am thinking that I need to start reducing my risk a little bit. Um, I have a cushion right now so you know I could risk 2 000 on the next trade and if I lose on it, I'll still walk away up 700 today. That's a great day.

If I win on it and I risk 2 000 to make 2 000 or 3 000, that'll put me up to my daily goal. So with a Mac share size of you know, 10 000 shares right now, I could take that and only risk 20 cents. and I could probably even be risking less than that on most of these trades. So um, that's kind of the way I'm looking at my risk on the upcoming trades.

uh, mob. Obviously a really nice move. It's pulled back a little bit, we're currently below volume weight, average price, and we're coming back down to around three. It wouldn't surprise me, uh, if we saw support around that level because we did previously the psychological support of three.

So the only things to be aware of is that if this was your first trade here, Macd is negative and you're below V Web. No real history of false breakouts. It's been pretty clean, but this is not the spot where most beginner traders are probably going to be wanting to, um, take, take a trade. All right.

So just be be aware of the context here. For traders that sometimes miss the first part of the move because they just happen to sit down at 8 45, you can't change the fact that you missed it, so if you missed it, you missed it. Don't break the ice on your first trade with a low quality setup. Now I have a cushion so I could take a lower quality setup.

Uh, perhaps if I wanted to, but we're all in a slightly different position there. Okay, so let's see. and I've got the S P 500 up on my top chart there. So market gapping up just a little bit, but it's been kind of a nasty um, week so far.

Definitely a sharp pullback. Uh, holding about support. Kind of a messy line here, but um, just messy chart. Lots of trend lines, but I've been using those just to kind of get a feel for the chart and what we're working with.

So mob, by the way, mgam really strong into the close. Uh, yesterday. Impressive. Nice move all the way up to five.

Uh, all the way up to 635. really nice. So similar setup as Mob mgam right? Recent ipo. Um, I think Chris's hold time was like 10 minutes or something like that.

It's still pretty short. He's definitely scalp trading, taking quick trades. get the profit, get out, you know? which is great? That's a good. That's a good.

way to do it all right. A little bit of a rocky road there, but you got green 3000 bucks. Anderson? Nice. Okay, those tuning in on Youtube for the morning show.

Thank you guys for being here. I hope you hit the thumbs up. I always appreciate you guys supporting the channel. Okay, I know I have terrible posture at my desk.

It'll catch up to me eventually, but um, I'm just gonna move this so I'm not highlighting my terrible posture quite so much. There you go. Oh come on, Bed, Bath and beyond. If you're gonna spam the channel on Youtube, I'm just gonna put you in timeout.

Not even gonna respond. except I did respond. but I'm not even gonna look at the chart phase. Nice.

I'll buy phase there. um long. looking for the breakthrough 21. seller at 21 looking for let's see if it squeezes so on phase.

got a trade there watching now break of 21 it pops up nice pop on the scans there watching the buy dip off of 20. let's see if this thing wants to break through 21 dollars. My average is uh 20 50. Dip bought the dip partial fill at 92 only filled 100 shares which is a bummer so manage risk was smaller size on this one.

it popped up uh, but not holding super well holding 300 shares right now, still watching to see if it curls back up through 21. It was a pretty big move yesterday, so watching down here, I want to see if I can add around like 19.50 hi this last one minute. candles 2061.. So right now, down 47 on it, just unwinding it from up 300, scaling out slowly.

Sure, you never know when they pop up like that. you don't know if there's news, you don't know what's kind of. You know all of a sudden you get a two-point pop. Is it short covering? Not sure, but you know very quickly.

something like that if it breaks over some of these pivots can be back in play. You have it like this. well it's so cold and they want no one. All right, let's go over here.

it's just heating up. Why doesn't it go over like that? Like what like that? Oh, it's for a fan. Not too bad. All right.

Okay, let's see F8 Phase did announce news. Okay, that's that's interesting. I added back at 65 on phase news Mcdonald's partnership. so holding 250 shares, taking a little profit, partnership renewal.

Can someone post the headline just so I can read it? It's not on my um, it's not my chart renewal. Okay, all right. so in any case, let's watch over Uh 2060. 10 000 share buyer there on the bid added.

now for the break through 2050.. So watching over Uh 2060 2070 and let's see if we get that extension back up to twenty one dollars. I imagine we still have pretty high short interest on this. So I'm going to watch 20, 75, and 85 to add for the breakthrough 21.

watching right here. Added at 35 to buy the dip now looking for 55 and 65. 65 is my next ad and then 75.85 for the squeeze up to 21. So we're up 11 right now on phase.

We've got the renewal with the Mcdonald's partnership. That's a good catalyst. Uh, flat at 22 up 48 on it. Right now.

we'll see if we can retest yesterday's high needs to pull back to the view app. The High: that level is 58. I had to go flat because I added to the position. If I hadn't added I could have just held, but whatever.

So we want to see a break of 21 73. It's a little tricky because yesterday's candle is not super clean, but we'll see added back there at 50. Now watch 65 and 70. So see how this is grinding higher? I think we have a good shot at a retest of 21.

New order 21. watching 65 and 75 added at 63 right there. Now watching 75 added at 75 Now looking for 85 and that extension up to 21 dollars. So what I'm kind of thinking on this is looking for that squeeze through 21 and if we break through 21 2173 and then 22.

this one has shown that it can make some big moves. I have this candle there 88 watch over 95. So new orders to add 88 Watch phase over 88 added. right there there's 21..

nice booking a little profit. New order 21. watching right here for a dip added 88 for the break of 21 there's 21, 20, 21, 15.. nice adding at 15.

Now looking for a squeeze up to 2150 to the 2173 target. so I mean I don't know. It seems like maybe the short interest still being high? watch over 21.25 Nice high volume there watching to buy the dip. Okay so watching 28 added at 14 21, 14.

Now looking for the squeeze through 21 30 and let's see if we get a 2150. There's new high a day watching Uh 2135, 2140 1200 flat right now watching for the next step high this candle is. I'm going to put an order to buy the bid. Yeah, I think you're right.

Um, 2160s 2173 That was the pivot from yesterday right there that I want to see break Smp curling up just a little bit. so small gains on it relatively speaking. Nice nice on the S P Hey good morning Mob pulling back a little bit. Dip on phase at 71.

Bought the dip for the pop back up over 21. watching over 21.10 for a re-test of the highs added 21 right there for the break of 2110. So now getting dialed in on phase. buying that.

Looking for first one minute candle to make a new high and a squeeze through 21 10, 21, 15. there's 15. Now watch for a break over 21 20 and a retest of the highs. So this first one minute candle is what I'm looking at on this pullback.

the break over 21.15. So hi, there's 15. I'm watching the ad at 21.15 First one minute candle to make a new high added right there for the break of 15.. there's 45 Nice 20 10 000 share bid, so see how you have that bid that pops up there.

Those types of bids can be short covering. Watching dips holding 787 shares took a little profit, but looking to add back added 29. Now looking for the break through 21.45 21.50 Let's see if we go through 35, there's profit for me. Hi, this candle is 2144.

added right there. Now looking for add at 55 and 65 and extension resistance. the half dollar unwinding. That trade for a small loss watching for dips so I wasn't really expecting necessarily that I would be trading this one again today because yesterday it pulled back so much but clearly it's moving.

It did fail at the open yesterday so we'll have to see. We've got about 15 minutes to the opening bell. Our volume weight average price is around twenty fifty so made twenty two hundred on it. Added it 74 to buy the dip.

So I like to do quick dip trades like that. Take the profit when I get it. I really wanted to get filled. I was hoping I'd feel a little lower, but 74 is fine for now.

So holding now just small size. bottoming tail off of 62. low average is 2074.. this Jay-z yeah still.

um you know selling off the sell-off has slowed down so high. Yesterday was, um, the high was actually 809 so it may be worth watching for. dead cat bounce at some point, but we're just not quite there yet. it hasn't uh shown the strength.

Hey good morning. Yep. Macd crossing over on the one minute starting to go into a five-minute pullback. Yep, just holding small size so snap flat.

The rest, uh, phase watching Dips Bought the dip on phase at 13. nice dip trade filled at 2013. it breaks. um the low there breaks V wap but then you get this nice pop back up.

So holding right now. twenty dollars and thirteen cents. Let's see if it does a bottoming tail and pops back up snapchat. Not really interested in that setting.

Stop break even on phase flat the rest watching for another dip. I'll be hopeful that we get some action at the open and that we can break through 2173. I'm not sure it's going to happen, but I'll be hopeful for it mob coming back up to the V web that candle rejection back down. So with 20 minutes, uh sorry, 10 minutes to the opening bell, um, N-u-w-e is our leading gap.

We're up 90. I'm gonna leave that one alone for now. Noggin Nogn still down too much on the daily Yrd Too cheap. Mob just rejected V Web.

If it can get back above this level of 321, that's interesting. We're just not there yet. Snapchat, You know, I just, I don't know. leaving that alone.

Large cap stock. Anyways, Jay-z wild card set up watching that. possibly for First Daily Candle to make a new high, but uh, and and strength in general. but we're just not there yet still going lower.

Smp gapping up a little bit, but we'll see if it can hold back over 400. phase is up 11. Uh, so it's on the scan, but it's a little further down. We'll watch to see if it holds up.

So a couple of stocks to watch going into the open. I'm just over my daily goal. I'd like to try to finish the day certainly in the green, so I don't mind taking a little bit of risk as we continue into the open, but I want to make sure I don't give back too much profit for those tuning in for the morning show, I posted a link to um, newest uh podcast interview with uh, latest student to cross over a million dollars in profits. so I hope you guys check that out.

But reminders always that shouldn't be interpreted as a guarantee that you will find the same success as me or him because in fact, trading is risky. Bought the dip on phase down there at 90 watching for the pop back through 2025. That's a nice little trade. so 35 cent, uh bounce.

Macd's negative, but uh, flushes through half dollars and whole dollars. I often like that. gave me uh, pretty much 20 cents profit popping right back up with a thousand shares holding smaller position. now watching to see where it bases out.

Nice oz. Good work all right. So we've got less than 10 minutes to the opening bell thinking um, maybe a little tricky going into the open because we don't have one? That's super obvious. but if phase can reclaim V app then that could give us a nice move.

So V Whap is right around Twenty dollars and fifty cents so new order goes at twenty fifty. watching that level high this current candle is 20 30. So just continuing to watch phase since it's got a good amount of range watching this area here on phase for another dip added there on phase at 98. Next ad is going to be 2025 and we'll see if it wants to break back through Vwap or at least retest it.

So average is 96. but if I double my position at 2025 it'll bring my average up a little bit. So watching the break of 2025 and the curl back up to 2050. there's 18 19 on the ask flat at 07.

For now, it's not popping up fast enough. Well, sometimes I'm flat on the Ask, I'm just taking profit. other times it's on the bid. it can.

I'll do both on that. When I hit the bid, it depends on how big the position is. There's a link in the announcements tab to the podcast. All right.

So sitting at fifty four hundred dollars right now, half from Mob, half from phase and we'll watch going into the open to see uh, you know what wants to hold up Phase has a lot of range potential, but was read yesterday so we know the levels it needs to break. um, Mob unfortunately is pulling back a little too much here, but if it can rally back through V Weap, that would be strong too. So we'll be watching scans. The Open Warrior Pro Members day trade Dash members will keep trading and hopefully we find a little bit more opportunity and finish this last day of the month with a couple more nice trades those tuning in on Youtube.

Thank you guys as always for being here. We'll be back at it first thing tomorrow September 1st And uh, if any of you guys decide that you want to join us and, uh, give it, give it a whirl. There's a link to a, um, let's see if I pull up the Bear Market uh, Bear Market Strategy episode. There's a link on that episode right here.

I'll just post it here. Check out Bear Market Strategy. There's a link on that episode for a two week trial at Warrior Trading. If you guys want to check that out, you're welcome to if you'd like.

Okay, so I will see you guys back at it first thing tomorrow. Members: Let's keep trading. So you.