All right everyone. Well, it's about uh, five past nine. We've got 25 minutes to the opening bell and so far it seems like a little bit of a slow morning. Uh, really, have had basically nothing.

and then we had a couple of stocks hit the scanners here. V-racks is hitting scans right now. This one has a high 366. it is the leading gapper, but it's pretty thickly traded.

The level two on it's pretty thick. Um, you know I'm not sure that I'm gonna trade it or not I'm gonna keep watching it. Yesterday we had some pretty nasty price action on Uh SPAC mergers. We've had momentum, but it was really tough so that's an area to be really cautious right now.

we're seeing these moves where you're seeing a spec merger go up uh, you know, 100, 200 percent and then come all the way back down. right? That's a problem. So when we start seeing that, um, you know we've got to be cautious. So this is a time to be a little bit cautious.

Take it slow. Um. I've got a couple Bass hit trades so far I'm watching to see if there's more opportunities I Don't want to overstay my welcome I Want to make sure I keep really tight stops on anything I'm trading so if it starts to go the wrong way I can just jump right out. no emotion, just cut it and that's the way you have to be.

You just have to get in, get out, get in, get out. All right. So let's see. Yep, B-racks on watch.

Yeah! CV Racks going a little higher I Have this candle back here was 610 I have that one 527. Well um I'm looking for what's moving. You know that's kind of thing if you can focus on one stock. If that stock is moving is obvious, Vrax it's a grinder.

You can tell it's grinding, it's moving, but it's not moving very quickly. So this is the type that you know at this point now that it's finally opened up a little bit. Well now it's due for a pullback, right? It just kind of kept grinding a little higher, a little bit up, then pull back a little bit up, pull back a little bit up. Maybe it does start to open up more? I don't know.

It just doesn't feel like it's super super strong. Um, you know some of the other ones vtaq a spack from yesterday that there were some great opportunities on it. yesterday. afternoons that went up 10 SHP age this one.

uh over on my side chart has given a bunch of opportunities. It has news out today went from 9 to 10 20. So you know when you have that kind of big move it, that's an opportunity. And if you choose not to trade it because you think, well, it's too risky, it's moving too fast.

That's fine. Make that decision, Say no I can't trade these. and if you get in for a break and it doesn't work, get right out. Bail out those.

That's the whole idea. Set tight stops, cut your losers fast, and hold your winners longer or add to them right. I Mean you know you've got to trade you so you know I'll remind you. As always, my results are not typical.

Trading is risky, so take it slow practices simulator before you put real money on the line. My Hope Is That it's helpful to see what what I'm trading. It's helpful to see what traders who are successful are trading right. not just me, but other traders in general.

And a lot of times you'll find that we're all watching the same stocks each day because they're the ones that are the most active. Now there's some variation. Some people might focus a little bit more on penny stocks, maybe some people focus a little bit more on higher priced stocks, but you know, generally speaking it we're looking for what's moving right? If it's not moving, then you know I mean there's just so Then then it comes down to kind of a question of okay, how much does it need to be moving and and there might be some that move too much you say? Ah that's too volatile HKD that's that's too much because the range is so big you know it's The downside is um, is high and I I can't I can't take the risk right? Sometimes That's the case yesterday. Holo Holo I mean I Can't believe this liquidation.

This was insane. It just sold and sold And sold And sold. You know what the heck? It's hard to understand how did it go from 36 dollars to 2.76 in one day. It just it just doesn't make sense.

So it certainly makes you scratch your head a little bit and and wonder you know, where did all the shares to sell come from? There's a lot of selling. where'd all those shares come from? so they weren't from previous days because there wasn't much volume. So then that always makes me think about Insiders You know I'm not and you don't know it's I I Don't know. You've got insiders, maybe some institutional traders that got blocks of shares during the um, you know the the company, uh, coming up to into the market.

but it's just brutal to see those kinds of drops. So you know some people you know like we saw with Jay-Z it's not different from what we saw in Jay-Z look at Jay-Z This thing went from all the way up to 186 dollars and it's back at three dollars now. We've been seeing a lot of this action now. Some of these have provided it's off the lows and things like that.

Some of them you can trade on the way up but got to be careful. So in case I didn't already mention it, trading is risky. My results are not typical most beginner. Traders Do lose money so don't blindly follow me practice in a simulator before you put real money on the line, right? Take it slow DeMarco will be here for you.

we're sitting with about 14 minutes to the opening bell I would say this morning since our leading gappers V racks and it's up only 44 percent. I'm a little disappointed. That's not the big type of move that I would look for. but you know you guys.

no I I'm a pretty aggressive momentum Trader I like to see pretty big moves. the biggest flush that I've been caught in. um hey. Chris thanks, thanks for doing that.

That's awesome. So uh, you know that's tough I I did have a pretty big loss. Um, earlier this year. Uh, it was a 40 000 loss.

on was it hudi? Maybe no I don't No. I don't think. well maybe it was. maybe it was.

It might have been on this day. Oh Jcse, there were a couple of them. Yeah, okay, this was the one. Um, it was on this day here I Tried in the afternoon to buy the dip dropped from 12 to 285 in one day and I just started buying too soon and I could have easily done it yesterday on.

Um Polo I could have easily done it I was watching the level two for a little while I actually uploaded to live trading archives some of the level two price action on it because it was very deceiving. You would have big buyers come in and it looked like it was about to bounce and then uh oh down it goes. So I think I got in it um on this one like right around here. this is just the biggest loss this year.

so I don't know 4 000 shares it opens, halts down, goes way lower I add some more I was like okay that I'm red but I add more and then it halts down again and then it goes lower and I finally just sold down here for like a forty thousand dollar loss and I was down like 50 I got in, you know eight and it's down to four bucks and it just hap it just kept. I mean I just kept selling and I I should have just cut it but on that one I the thing is the lower it went the more I was convinced that it would bounce I was like this thing will bounce um and so you could have easily had that um mentality yesterday with um with holu or Holo whatever. um you know it kept looking like it was getting ready to bounce. you know you get these little green candles and it's like okay finally here we go.

We're gonna bounce here at six. Nope, we're going lower to three. Oh it looks like looked for sure we're gonna bounce there at 20. Nope.

going lower. Well surely we'll bounce here at 12. nope going lower. So um you know I hope it does bounce at some point.

it could at some point put in a nice bounce. but Jay-Z the the fact is they don't always bounce Jay-Z has not really bounced in any meaningful way. sometimes they just don't Meg L This one did put in a nice bounce off the low about a 300 Bounce from a low of 8 back up to 25 HKD This one did put in a really nice bounce last week from 50 up to like 400 a share. Okay so some of them do and and I'll watch it and if it starts to hit the scanner and you know I I'm like okay here we go, it's game time then you know I know what to do I'll jump in.

So my first trade today was um right off the scanner vtaq hitting the scanner right there. so I jumped in that squeezed up that was an IP or a um spack from yesterday went up to 10. so got some profit on that and then we had sh pH on the scanner vrax hit the scanner and I pulled it up but as soon as I pulled it up I was like I don't know about this so we've got nine minutes to the opening bell so I'm hoping to get some more trades today, but it just feels really slow right now. Thank you Nicola Yes I do use a Falcon which is a Windows platform B-racks well it is the leading gapper.

It's possible you could get a squeeze at the open I'm not sure it's going to be a big one though, but it's a possibility so keep it on a side chart the racks at the Open so a little bit of a slower morning today. um scenarios Gary where I'll buy the bid instead of the ask for sometimes a dip trade. If I'm watching a stock pulling back, you know it's at eight dollars and it drops to 770. Maybe it's maybe I put an order 755 to try to buy a dip off the half dollar.

Sometimes that will fill and it'll flush down to 7 30. and you know, even lower. and then I can add a little bit more and hope it bounces off seven. So When you buy on the bid, you don't have the confirmation that it's going up.

you're buying while it's selling. So I usually I would go in with a smaller position as I'm buying on the bid just to be cautious on that. I wouldn't put like a 25 000 share to buy on the bid I've I've never done that. Uh, I might buy 25 000 shares on the ask if I really like something.

That's that I've done a million times I mean that'll do but on the bid I go with smaller size and I'm usually doing it on a stock that has a bigger spread because if you've got a tight spread of like three or four cents, then I'll just wait for the confirmation of seeing green on the tape. So I actually don't have a hotkey to go on the bid. I would actually have to manually enter the order, but that's fine. I I would do it anyways because it's not bit.

it's actually usually below the bit. It's usually trying to catch a dip. That's usually what I would be doing. It's not actually trying to buy on the bid itself.

it's you know you put an order on the bid. I mean you might get filled, but it's really trying to catch some shares on a flush and you know that can work. Not always, but it can. All right.

So four minutes. The opening bell game plan is the same. Vrax on watch for possible Gap and go. We're on the third pullback right now though, so that's a little bit riskier.

SHP H Uh. currently gapping up just a little bit. It was popping up, had some news but pulled back first. Daily candle to make a new high would be over 10.70 so Shph is on a side chart.

It's popped up a couple days, but it doesn't seem to hold so there's more risk there. Vtaq sold off so I'm not interested in that bcan not interested in that. Meds is too cheap. Hyre is too cheap, so that's the game plan here.

With about three and a half minutes to the Belt a bunch of stocks, I'm watching being a little bit more cautious, but hoping that maybe we see a couple more opportunities. Uh, add a little bit more profit. Today is going to be probably below the daily goal, but well, I'm 1200 off the daily goal of five grand, so it's it's within reach. We'll see what I can do.

All right. That's the game plan reminder. As always, trading is risky. My results are not typical.

Make sure you take it slow practice it simulator before you put real money on the line. Those on YouTube will see you back here first thing tomorrow morning.