What's up you guys? Alright, so um well I'm back in the green today I made up yesterday's loss which is good. not that that was exactly the goal starting today I mean my goal was to be green and we've had such a crazy market where you know I've had days where I've been just absolutely crushing it I pretty much felt you know I'll probably be able to get back. that's what that loss really quickly. but I gotta wait and be patient if we have another day like yesterday.

I might not trade it all and that's why I said to myself I was like you know what if the market tomorrow and I'm saying this last night I was like Ross if the market tomorrow sucks then don't treat you know what? what are you pushing it for? it's just not worth it. just just hold off, just ease off the throttle and so that's what I did I Came in this morning I was watching the Gap scan and we had a couple stocks that looked really really good and so pre market. I Had my first trade on Brn cheaper stock. got in about dollar ad sold on the move up to $2 not a homerun but had tight spreads.

It was cheaper with 10,000 shares then added to 15,000 Made 1,500 bucks on my first trade. so I was like okay I'm moving in the right direction Green Thank goodness Alright, took another trade on it. another 500 bucks was up 19. the bell rings, it dips down and I took 20,000 shares as it popped back up about dollar I don't know 96 97 Adding it to rips up to 210.

A little bit of resistance there. so I sell almost two thousand dollars a profit. So now I'm up four thousand right? Not bad, not bad. Took a couple more trades, made a little bit more and then had trades on few other stocks so you owe any.

There was an 8k out some news insider seeking profit. Hey Bud! so this is the dog that you know. it's black dogs are the least adopted by the way. Adopted don't shop so you know I like to show him when he's around.

he's also you can barely even see I mean honestly, what are we looking at here? it's is that an ears that tail I don't know I don't know and I don't even care. So June girl she's the star of this channel. So anyways you owe Andy there was an 8k out insiders who sold some shares into that move. You know, good for them.

They made some money anyways so it was consolidating around 25 pre market to the bell rings it rips through 25 27 28 hits halted going up on the resumption it dipped I bought the dip, rips up twelve hundred dollars of profit dips down I bought that next step with bigger size because now I'm at five thousand on the day. Got a nice four five thousand dollar winner up seventy five hundred or so on you owe any. So I was up about twelve thousand on the day before I started trading FF HL and that was the one that I ended up making fifty grandpa. it's squeezed on a red to green setup.

it was up pre market with news did a red to green ripped from seven up to $10.50 I had a trade which I'll show you during this video. Live some live trading where I was up holding 20,000 shares as it ripped up to 9:45 ended up from that spot going to 10:50 So I had a couple big shared size positions I'm not gonna say I was trading with small share size today I was being aggressive and trying to you know, capitalize as much as I could on profit. I got stung by a bee the other day and I'm allergic to bees. Unfortunately it wasn't the type of bee I'm allergic to so it's the risk with being outside.

FF HL you know a it was the fourth leading gaffer in the market I was watching it a little bit pre market but it was weak so I was kind of like I don't know but bell rings sold, sold off a little bit, then trade it rips up, does a red to green move and I got in an 825 8,000 shares held into the hall going up squeezed up to over $8 and on that first trade made about ten. Fifteen thousand dollars. So things today you know just like that, Momentum was back and that's kind of. The funny thing is that yesterday I mean I was really trying to finish the day green and I couldn't for the life of me find any momentum and then today it was just super super hot so it's like flipping the switch.

I You know what was the difference between yesterday and today yesterday? You know our leading gapper failed pretty quickly and we the two leading gaffers failed. We didn't have good pre market trades, nothing was really set up, bell rings, we got stocks failing right away. a couple things popped up, but I mean maybe you know some of you guys would probably I saw some you in the comments were reading yesterday. so maybe yesterday I was just off my game and it was too aggressive in the wrong spots.

Tank momentum back today, so that's great Tuesday Tomorrow's Wednesday wildcard Wednesday and we back at it. Live streaming right around 9 a.m. I watch lists so I'll see you guys with that. Enjoyed the recap today.

as always questions, comments, leave them below I'll see you tomorrow bye everyone are you guys So I wouldn't do our recap back in the driver's seat today, you know, Red day yesterday down ten thousand which was frustrating mostly because I could have avoided some of the losses, you know. I I Ended up being really aggressive on my first couple trades put me in the red and then because I was in the red. Often you know when you're trying to get yourself from red to green. sometimes you'll lower your quality standard a little bit just to try to get some trades and I had a couple unnecessary losses, made the situation worse and wasn't able to get green.

So today when I sat down I was like, you know what? focus on good quality setups. Build your cushion, That's your job So Brn was our leaving Gap or in the entire US market today. It's got 28 million shares of volume. It's a gap.

It gapped up a hundred and forty three percent and as you can see here, it's got to flow six point five, five million shares. It did have some news this morning, reporting quarterly and six-month financials. I Looked at them and I was like, well, the net there. They're still reporting a net loss.

It's just not as big of a loss as you know the losses from previous quarters. So I was sort of like alright. I don't know about this XRF I Do see that squeezing up, it's Chinese stock. I Honestly, I mean first five-minute camel to make a new high right there 360 That was the entry and then since that's broken.

now the question is, look what happens on the first pull back. So the first one minute pullback after a fresh five minute break out. This actually went from 350 all the way to 414 without a pullback. So you know if I pulled up the stock I would say XRF the highest for 14 this on a 10 second chart, you might even be seeing It's doing a micro pullback right now so there's a long over 14 so I'd be in there 10.

I want to see a break over 1820 and I can pop out a little bit of profit there? Maybe I'm selling too soon, but that's basically what I would do I would take that little pop right there on that micro pullback the new and the stop would have been for. so you know I'm not an amazing profit - loss ratio, but $109 and a good example of a micro pullback. If we flip back to the one-minute chart, we're not seeing proper pull backs, but this candle right now at the top with a slightly sort of a red doji. Well, I mean it's going higher.

so I don't know. Maybe maybe this thing is just gonna keep ripping the problem of course with taking trades on stocks that are squeezing up like this, the entry of 414, you know it feels extended right? so when it's extended, you're always gonna think man, I should really take my profit off the table quickly I don't want to overstay my welcome I better just lock it up here. it's squeezing higher 76 77 so you know did I sell too soon on this one? Yeah, I guess so But take profit right? You're always gonna leave a little money on the table. You're never possibly gonna be able to make the absolute most.

And this has already had such a big move, its extended on a five-minute chart. Congratulations to those of you guys who've got the correct entry on the 5-minute which was the first. Campbell make a new high at 3:58 that's over $1 a share. That's a 30 percent return in ten minutes of trading.

That's awesome! So this is now halted here at 76. We'll see where it resumes, but it wouldn't surprise me to see a bigger move on this. So I would flip to the daily chart I would look at this I would back it up and I would say what are the daily levels in play? Alright so I would go back here with my blue line and I would say we've got room now. up to the high of this candle.

there's no resistance till 6. However, you can see that Canlis of topping tail so it's squeezed up and then rolled over. Didn't hold that level this right through here. I Don't see anything super significant.

so $6 is your spot. But notice the absence of a catalyst. A technical catalyst. How's the stock up 92% without news? Well I think it's on sympathy and Ffh o FF HL started its move a pre market.

It's the one that I made the most money and you can see here that this I mean it's actually a continuation set up. It was pretty strong yesterday. Then after hours continues higher, pulls back, pops up, pulls back continues and it was pulled back quite a bit before the bell. Now it's squeezed up right here to a high of 743.

and initially again you look at this five minutes setup and say you know, where did where do you buy this red to green move That's the only five minutes setup you got. Well that's true, but on the one-minute there were a lot of opportunities. So in the one minute I mean if we actually went down to a 10 second chart which I don't usually use for trading but is a good teaching tool. If you go back down to this time frame, you can see, you know.

Okay, well there are several little pull backs right through here. This was a little micro pullback right here, another one right there as it broke over seven and then squeezed up to 746. it opened higher and I can show you couple my trade. So this is a trade that I had on it I was holding twenty-two thousand, three hundred fifty two shares long at 9:25 it was halted at 9:45 And you know what happened out of that halt.

Let's go back and look at this chart. it squeezed up to ten dollars and 49 cents. This was the halt right here. Right here was the Halt.

right there. So I was already long for the break through the high a day. so that was basically a high a day set up I added at 9:00 and then added going into the hall which brought my cost basis up to 925. Grjc is another Chinese stock so you're seeing some China China momentum here.

So anyways, Ffh L jumped into that, had a couple trades on it, but that was a really big trade for me and on resumption it hit a high of 10 10 and then it pulled back and then the first pop right here I added and we got that squeezed up to 10 49 I Mean really, really picture-perfect and you know I was pretty aggressive on that. So and we can review some of these trades for students in the classes. This was another one here. I was long 8,000 shares right here going in this hall.

So this was at what was the timestamp. Ffh L So resumption. Okay, so this was halted. You can see here at nine Forty six and twenty seconds resumption will be down here.

At Nine Halt it was nine forty one sorry and twice and 46 seconds resumption will be nine, forty six and twenty six seconds. Forty-six seconds. My gosh. All right.

so let's play this for a second. So thank you for Kyle thank you to Kyle for giving me this tip about my keyboard and mouse capture so we've got that going here on this one. Okay, so let's watch this. So okay so we're about to resume here: I Just want to see that's J or J C And let me just check resumption on this one.

So resumption is gonna be about 37. It's actually 30 seconds away. so let's watch XRF for a second before before the next before we review that Ffh I'll trade. Alright, so XRF is this an MX stock I would expect to be able to see approximately where it's gonna open XRF it's on.

Nicey, it's an IC stock. Okay, so we've got resumption coming up here in just a few seconds. Alright, so let's watch this. Alright, so I'll just have this order here.

so I put it at $5 I'll just do a thousand sheriff I'll do I'm just gonna do small size I don't want to take anything, do anything crazy here so it's still halted. which means it's gonna be a 10-minute long haul. Alright, so that's gonna be a 10-minute long haul. It was halted at the last time stamp was at 32.

You can see right here 3204 3207 actually, so resumption is usually 5 minutes later to the second, but in this case is going to be a little bit longer. It's show header I Find it really annoying when it that it likes to sort time. There we go. Okay, so we'll watch that for a second.

So let's go back to F f HL So F F HL similar kind of stock at this point right here is halted and is about to resume. I'm already holding 8,000 shares in this case 825 Alright, so I'm looking here on this so there's resumption. I add right there. What? Am I looking for the break through $8.00 We get the break of 8 I've got twenty three thousand shares at Sixty Four.

I take a little off the table 802 on the break through, the whole dollar, take a little bit more off the table there as it's squeezing higher. So those are my orders to sell on the ask. and then I'm holding a little bit as it drops back down on this dip. I'm gonna add back in a second.

So now it is kind of straddling the whole dollar. It's above. It's below. It's above.

It's below it. So now I'm gonna put the order here at 8:24 and I add back there. It's like basically what it's doing right. Here's a micro pullback.

so I'm looking for it to squeeze up through that lever. I'll hold on XRF opened. That was weird. So a strange open.

The high was 77. so I don't know why it didn't open at a traditional 5-minute mark. but I would say over 77 would be a possible trade. but gosh, that's a little strange.

The resumption there was at 38. Usually it's exactly five minutes, but it's an icy stock, right? So New York Stock Exchange is different than Nasdaq in terms of the the open rules. So anyways, well that's fine. whatever it is what it is.

and so yeah, if Fhl some really nice trades on that one Chinese stock and FF HL was our fourth leading gap or in the entire market today so 3.2 million share flowed up 35% F f HL As you can see here did have a catalyst so it had some headlines so we rode the momentum there. and I will say that I stepped up to the plate with bigger share size. obviously 22,000 shares a dollar a share. That's $22,000 but I mean for every penny it goes up it's two hundred and twenty dollars for every ten cents is 2200.

So for every dollar is 22,000 and we got a nice squeeze on this from seven up to eight to nine and all the way to ten fifty. but unfortunately it pulled back I did a dip trade off the V whap here and I thought maybe it was gonna hold but I didn't like how hard it pulled back and honestly it was. I didn't even think we were gonna trade today because pre market it was selling off so much it just happened that it broke the view app and then gave an opportunity. you owe any I I chased this one a little bit so I had said I was may be interested in it.

We had catalyst here of an 8k insiders that sold shares over the last few days. We still have not had a secondary offering so it made me think all right, well maybe you know maybe this thing is bottoming out here So out of the gates I said I liked it over 25 39 because you I can see this double top from pre market high. Well the bell rings and at that time I was focusing on Brn and so I missed this and it squeezes up and it got halted right here. It then resumed it dipped down and I got long for the break over 27 it rips up right here, up to 28 up to 28 20:27 95 but then dips down I got back in as it squeezes up here and somewhere around 27 50 for the break of 28.

So I'm back in for the break. at 28 it squeezes up to 27 95 and up to 28 99 and up to a high of 29 48. So it did end up giving us some opportunities, but you guys who probably jumped on it down here off the watchlist would have done better than on it than I did. and now it's pulling back a little bit Again, answer questions on the ten-second chart.

This time frame is available with the signal. It's not available with trade TC 2000 and most platforms don't offer it and I don't really use it a lot in my own trading I use it more when I'm going back and keeping you guys commentary on something I saw because sometimes the things I see are so miniscule that you can't even see them in a 1-minute chart. so it's helpful. Again, like I said, it's a teaching tool so you owe any you know I actually did better on it than I thought.

that was actually pretty good, but you know again, a big range and I think my biggest size on that was maybe 4,500 shares. So you know, fifty cents, Two thousand bucks. Got a couple nice trades BR n as in Nancy I actually traded pre market and this was the stock that I built my cushion on. So you know that building your cushion is the most important thing each day.

It's getting a strong start. So where was the where was the entry? It was the first five-minute candle and make a new high. So right there first five-minute Campbell make a new high. That was my entry and that was it.

was maybe maybe a 79 or 80. but to anticipate the first five-minute Campbell to make a new high which was it a dollar eighty to this squeezed up as you can see here to a dollar 98. I started on it with 10,000 shares I then added another 5000 once I was in the green. So I had 15,000 shares and on my first trade I got about fifteen hundred dollars a profit.

So about ten cents. it then pulls back and then with a cushion I added on the pullback and got another trade and that time was with 20,000 shares. So I got a couple of nice trades on it with 15,000 and 20,000 shares. right through this area and I can bring this into the one-minute chart so you can see a little bit more clearly and my last trade on it was right in here for the break over to 20,000 shares long.

looking for the break of 210 it hit 210. I actually add at 210 and I increased my max share size on the date of 40,000 shares in case this was stronger being a cheaper stock. I didn't think that it that we were gonna get like 40 50 cent breakout. so I felt like I needed to trade with bigger size and just capture the 10 cents 15 cents or whatever I could get but the biggest size I took on it I think was 20 or maybe 25,000 shares and that was right in this area but there was a really big seller at 210 that could not break that level.

So and again you know I would say a couple things. Number one, just as a reminder of good common sense, you should not be blindly following me or anyone else I know it's easy to say oh wow, Look, you know Ross is making some good money. You know and you're right, but you shouldn't blindly follow me. If you try to blindly follow me, you're gonna be behind.

I trade very quickly and that's you know. Part of the advantage that I have is the traders being able to see opportunities on the level - and to be able to make quick decisions. and I'm good at that. What I'm really bad at is having a confidence to hold for longer periods of time and even from a perspective of swing trading.

I never hold stocks overnight and I probably leave so much money on the table by not going girl outside the hole by not trying to capitalize or not having the courage to capitalize on longer-term opportunities. But I'm really not good at seeing things in that way. But I can see very short-term setups and I am able to pull the trigger on those. So in any case, you know you can't blindly follow me or anyone else.

You've got to learn the strategy. And that was something that I had to learn the hard way. Trying to blindly follow other people. It doesn't matter.

You know, when they're trying to follow Jim Cramer or Warren Buffett or Carl Icahn you don't have the same account as them and I mentioned this earlier this year I said this year I want to make a commitment to trying to get better at long term trading Long long term investing essentially and so I have my TD Ameritrade account that I've sort of set up for that purpose and this is obviously my date trading account now at the beginning of the year I was like okay, well me, you know what? Why do I think that I'm gonna be anything like find anything better than Warren Buffett or Carl Icahn This is never gonna happen. so you know, let me go and see what those guys are doing. Now as it turns out, you know, Warren Buffett's sold the bottom on airlines and Carl Icahn has taken a bath on Oh X Y and you know he's holding like four billion dollars of this stock. Look at this.

This is I mean this is outrageous and so I was looking at in January and I was like mm, if he's holding it, you know he must. He obviously knows something I don't know I mean he's probably on the board of directors so you know maybe I should just be you know kind of trying to follow along. and then I say you know what? you can't do that because you don't understand. Obviously he's got a position in it, but you know for all I know he can afford to lose this two billion here because he's gonna make another four billion somewhere else.

So you know you have to be able to make the decision yourself. And I'm hoping that what I'm able to do is apply the strength that I have in technical analysis to make some longer-term trades which essentially the the biggest risk with longer term traits. that fundamentals come into play more and more, and especially on small caps. The fundamentals on a lot of small caps are pretty weak.

so most people that are looking at longer-term stuff, we're going to start to look at mid caps and large caps and stuff like that. But if you can do your due diligence and at least vet that they're not carrying a lot of debt that they have you know free cash flow and some sort of basic due diligence, then perhaps focusing on the technicals can be valid. but again, you're still subject to the ups and downs of the overall market and the overall market. Last night, you know, was looking a little interesting and then all of a sudden you know squeeze is higher.

So there was the news about the China trade deal and you know, off the table and now you know here we're just the markets crazy. So that's a big challenge with anything long-term is that your subject is to a certain extent to the whims the market. But in any case, and I've kind of gone off on a tangent here. So back to the watchlist this morning.

So Brn yes, I was trading the bigger-sized I was being aggressive. Don't blindly follow me or anyone else I have an account size where I can afford to take 25,000 I can afford to take 40,000 shares of the stock and if I really wanted to I this account could probably take well. this is a $2.00 stock. so hundred thousand shares would be two hundred thousand dollars.

so I could probably take three hundred thousand shares of this stock if I want to. and you know I'm not gonna do that though, but the fact is you have to manage your risk based on what you can afford and your max losses and things like that. You may see me at times take more risk and be more aggressive. Obviously when I've done small account challenges, I've kind of brought things back down to the level of trading with a small account.

and the biggest difference between the way I'm trading right now and the way I was trading in December with a small account I mean honestly I would say the biggest difference is share size because if we have had this market back in December I would have been just as aggressive with small count last December when we had el MPX that went from I mean the thing was incredible. it went from $8 to $50 a share. I was trading that every day but with like 7,500 shares. So if this happen, you know if I if this happened right now I would be trading it with regular size and trying to make some really serious money on it.

So really I think the biggest difference is share size but as it turned out when I did my last small account challenge we really only had. we didn't have his hot of market so I was really only taking two or three trades a day and I wasn't as aggressive on dip trades but I also wasn't comfortable with that strategy until I had gotten better at trading it through the the market drop in so I would probably if I did a small account challenge I would do dip trades I just girl girl, lay down you lay down I just wouldn't do them until I first had the cushion on the day and so anyways, the big difference today between today and yesterday is that I built my cushion on Brn and then once I had a cushion and then I started stepping up with a little bit more risk. so Brn was 4,400 then uon he was 7,200 So at that point I was up about 12,000 and then F Fhl popped up so I was already up 12,000 before I was long with 8,000 shares on FF HL into that hall going up at whatever it was 725. whatever.

So building that cushion is so important and this happened to be a good set of pre market so I took it. but your first trade of the day you trip out of the starting gates. It can just throw you off Center for the entire rest of the day. so you got to make sure those first trades are really dialed in.

Get your cushion and then once you have it, then from there you know you can. you can scale up as you wish. All right, So that's it today. FF H Lu O NE B RN And we're gonna switch gears.

It's about coming up on 11:00 A.m. so we're gonna jump into the Warrior Pro Classroom and pick back up with Summer School starting in about ten minutes. All right. So let's see you guys the classroom.

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