Last night during Super Bowl 51 we watched a historic event. We watched a team rally from a record deficit to not only tie the game, but to win the game in overtime. Now if I was on the field what a dumb things a little differently and it would have been a blowout. The Falcons wouldn't have lost, they would have won the game 50 to zero.

but I wasn't there. Had to watch from the sidelines and as a result the Patriots took the lead and then won the game. What does this have to do with trading? Oh More than you might think. We're gonna break it down in today's midday market recap.

All right guys, So let's do a little midday market recap. We'll go over the trades from this morning. we'll talk about my best trades of the day, my worst trades of the day, and then the topic of the day will be momentum. And as an example of momentum, we're going to talk a little bit about the Super Bowl and the you know the football game last night because I think that was a really good example of seeing momentum and seeing it in a different, a different sense and we're typically used to.

All right. So let's see I'm going to show you to start my P&L for the day. So finishing the day up nine hundred and thirty two dollars an eleven cents traded three stocks et RM o PT T and PU LM. Now on each of these, I took a fairly big size between four and six thousand shares.

I Was looking for follow-through looking for momentum and I just didn't get it. So you know I was basically stepping up to the plate on all these trades, but you know we just didn't get that clean follow through in that resolution that I was looking for. But nonetheless, you know nine hundred and thirty-two dollars is not a bad day. I Suppose the only annoying part is the two hundred and seventy four dollars in Ecn fees and commissions combined, right? So I'm up twelve ten before commissions, but after is only nine Thirty two.

Having said that this morning, I started with forty thousand 962 dollars in my account and so tomorrow I'll open just under a couple hundred dollars under forty two thousand, which is, you know, obviously incredible I'm this is my 24th day trading in a small account and I started this account with five hundred and eighty three dollars on January 1st. So in 24 days, I've gone from 583 dollars up to just under forty two thousand dollars in profits now. I'm waiting for my account to be ready to open at Speed Trader and as soon as it's ready to fund, I'll be moving my money from Sure Trader over to Speed Trader. but in the meantime, while I wait I'm just gonna continue trading here so you can see there's my P&L for today and you know I would say the best trade of the day today.

One of the cleanest setups that I saw was one that I didn't fully capitalize on and it was the first five-minute pullback on PU LM you can see right here with the potential entry at 480 and to move all the way up to 545, that was a really, really clean setup. Now I missed it and I took the second 5-minute pullback which was an entry at 5:10 where we moved up here only to 523 and then we rolled over. So unfortunately the second pullback didn't end up holding which was a little bit annoying and I only made $70 on on this stock today despite some fairly decent opportunities. My concern with PU LM was the fact that yesterday we had such a red day.

you know that usually would be you'd be pretty rare for a stock to recover a red day like that and go all the way up to the high and then squeeze. So I didn't think this would be. you know, one of those stocks that would move 50, 60, or 100 percent. And in fact, today we didn't have any really really big movers.

The only one that we had was Gale GA Le which opened up something like 80 percent. but I didn't think it would be an easy one to trade and you can see here on the daily chart. it sold off pretty much the whole day so it just wasn't easy to trade. I'm not sure why it's not loading on my thigh than Charb, but we had gale no trades on that each.

Erm, this one was a pretty solid setup here. I'll pull back to the one-minute chart now. this started to pop up here. you can see it started to pop up, it pulled back and then the first one minute pull back after the break.

Over this 20 moving average was the entry point and this is a spot that lots of traders will watch. Entry right around 7 77 75 for the move up to $8 and you know this one didn't end up holding that level as well as I would have liked. I Was thinking on the daily chart because this was looking like it was going to be the first day to make a new high that we would get some nice follow-through and maybe move up towards. you know, the high of this green candle here which was 838.

maybe make new highs go up towards 10, but again we just didn't. Have you know any momentum behind this setup and that's sort of what we knows today. et RM no follow-through PLM follow through on the first setup but not on the second one and even the first one was a little choppy. And then we had Opt T and this was I suppose my worst trade of the day.

although it was a winner, I was really frustrated with the fact that it didn't give me the follow-through I was expecting. Now Opt T is a former runner. This is a stock that has a history of making big moves and it was gapping up this morning on news. Now as soon as the market opened I looked at it.

we opened at a low of 307 and as it started to pop up I got in at 319 320, we squeezed up to a high of 347 and I had 4,000 shares and I was thinking this one is the type that could go. Yeah, if it breaks over 350 we could go up to 4. you know, maybe more. So I had a good profit and then in the next candle we drop all the way back down to 309 and then we come all the way back up to 346 and then we drop all the way down to 280.

So it was just really choppy and we didn't have that. that follow-through that I was expecting ended up stopping out was about 10 cents of profit, 11 12 cents and that's fine, but it was really a fraction of what I was hoping for. And this is the thing when you come off a week. You know last week where I made $37,000 and you're trading with some real momentum.

It kind of feels like to get a trade that you only make five hundred on or you only make six hundred on it. Just it feels like a Miss and you know the reality is $900 $1,000 is still a good day. And you know generally speaking, there should be a day that almost any trader would be happy with. but it's kind of in the shadow of a really big week last week and that makes it a little hard to appreciate the wind today, so you know we'll see what what the market looks like tomorrow.

Hopefully we get a little bit more strength, but I Want to talk for a moment about? you know? the momentum that we see in the market now in general like last week was fantastic. I mean we were seeing really good follow-through day after. day after day we were seeing Hunger percent movers 200% movers we had B NTC we had NA KD we had pol em there was D FF n there were so many I mean it was just again and again again. The next stock to pop up, you know goes straight to 50% gain I mean it was just incredible and that was an opportunity for us to really capitalize and what you kind of notice as you get into the zone, you know you're just like one winner after the next, after the next and everything is connecting.

and that's kind of. You know. last night watching the football game, that's kind of how it looked when you know the Falcons were playing in the the first half and and going into the beginning of the second half it was. They were really strong.

Everything with just connecting, it was just. It was really impressive and on the flip side, what you noticed with the Patriots is that they were. It almost seemed like getting kind of just fumbled. just like kind of rattled.

And that's something that I also noticed when trading is not going on my side that I can start to get a little bit. you know, frazzled and frustrated and more apt to make mistakes. You guys saw that that kick where you know the guy just like missed the ball and it's like honestly, I mean you, you've got one job to do. how does this happen and that's sometimes how it feels when you're a trader that you're you know, just get into these ruts where you keep making the mistakes and and then they sort of compound on to each other because now you're getting frustrated and you're getting a little emotional and you're kind of grabbing at straws and that can that can really create a downward spiral and the mentality of knowing you're in the hole.

You know you're 25 points in the hole the way they were last night and that feeling of this is the game's over. I Mean we've lost. You know there's no team in the history of the Super Bowl has ever come back from this type of deficit to tie the game or win the game. And as a trader, when you go into a deep you know kind of cold streak where it's just loss after loss.

it starts to break you down emotionally because just feel like everything you do is going the wrong way and you feel like you're getting sloppy and you're not seeing things clearly and you start making stupid mistakes and that just makes the loss that much worse. And then what was really interesting was that shift where all of a sudden it was like everything came into focus and the Patriots really got into the zone. and as they got into the zone and started to really dominate, the Falcons started to get a little rattled and they started to slip up a little bit. And so that game was really an example of you know, one team making an incredible comeback and another team giving up the biggest this huge lead.

So it was historic on both sides and both sides kind of exemplify some of the struggles that we have as traders. and how do you shift mindsets when you're in the mindset of you know I'm losing I'm down I've had five losses in a row I'm in a cold streak. how do you get out of that and you know? for me, it's always come back to. let's focus on doing what we know and I created a game plan and it's it really is.

It's a game plan. I write and make a list I say this is how I'm going to attack the day I'm gonna take three trades and I'm only gonna focus on five minute chart setups because five minute chart setups are some of the best. and I'm not going to allow myself to get distracted I'm gonna just take three trades, get into get out, follow the rules I Make it very, very simple and then you know if the markets on my side it connects and I'm able to start to regain a little bit of composure. and then you know once you kind of have that shift in mentality, now you just get a little momentum behind it, you get a little energy back there and you start to really increase the winds.

You start to increase your confidence and now you start to feel like you're in the driver's seat and you're in the position of power. and now your mentality has really had that shift. So that shift is really important. It's something that we have to do.

sometimes. intraday you know where you lose two trades right out of the gates and you go into the hole and they'll be like Ross There's never been a traitor who's recovered from being down $1,000 to hitting his daily goal. You know, never in the history of trading has that happen and it's your job. now.

You know either to basically stop out and and you know you're done for the day or to try to. You know to try to get back. And of course we're trading. We have to have these max losses where you know if you're down a certain amount you do have to walk away.

You don't try to get back that same day, you wait till the next day. but I had a day where I lost over thirty thousand dollars and although I knew I wasn't going to be able to trade again that day, my accounts were locked up I knew that you know I would come back at it tomorrow but even the next day I wouldn't be able to get it all back the next day. This would be a rebuilding process that would take place over the course of you know weeks and months. you know to try to rebuild that 30 grand that I lost.

So this is something that you know as a trader we see the world through the lens of you know kind of what we do every single day. and when I was talking about you know when I was driving race cars in Las Vegas I was associate that experience with the experience of learning how to trade and watching the game. last night seeing this team you know and of course I'm I'm from New England So the Patriots have always always been a team that I'm you know sort of root for to see them really struggle in the first half. it was just like wow these guys are like really giving up the game and you've seen people you've seen teams do that where they just they start to fall into the red and then and you've maybe have even had this happen yourself.

In the competitive sport where you kind of get a little behind and then it just it changes the mentality. It changes the tone because now you're spending the whole time playing catch-up and playing catch-up is not really a a position of being in the driver's seat. you know once you get in the driver's seat. So you've probably seen this with like soccer in the World Cup You know once you've got a few goals, you know you all you have to do is work the clock and you know you've got it for the opposing team to try to recover from.

being down, to get back up to break-even they've got to work like twice as hard. It's almost like with trading when you know if you lose, if you've got $100,000 can you lose 50% of it, you know you're down to 50,000 to get back to where you started. you've got to gain a hundred percent. So getting back is like twice as hard is kind of.

You know, getting the lead to begin with and of course losing. losing the lead can happen so fast. but but regaining it is is really really hard. So it was definitely impressive to see that that second half and really the the last 10 minutes where there was just that surge and that huge amount of focus.

The trades that I had last week where I was able to make $37,000 the best week I've ever had was the result of being very focused and seeing opportunity. and it was also the result of having just had a loss. a $13,000 loss being in the hole and now being super driven to try to get myself back to green. you know, maybe back to break-even And then that.

You know that kind of aggressive, just really want to get after it. Get back on the horse. Carried me through the rest the week so you can harness that energy. You know that feeling of I'm down and I'm struggling that can motivate you to put in extra hours to study, harder, to focus, and to you know, really be the best possible trader.

The challenge is that so many people allow that emotion to let them be impulsive, and to let them do things that they wouldn't ordinarily ordinarily do as a trader, which is, take unnecessary risk and be overly aggressive and ultimately give back a lot of profit. And I know that because I've had days where it just starts that downward spiral and you know that's kind of when you start throwing Hail Mary passes which again goes back to you know the football reference. Just you know, do you get this game back by throwing? You know Hail Mary passes. or is it you know, doing what you know and just nailing it.

You know again and again and again. You know 10 yards at time, 15 yards of time and next thing you know you're really taking control and you're gaining that momentum. You're gaining the confidence and you're back in the driver's seat. So you know today for me is one of those days where I certainly you know I I Don't feel like I fell out of the driver's seat.

it's just kind of a slow day. You know not. I think on Friday I made like $5,000 so you know to make a thousand today is good. I'm about 42 percent of the way to my hundred thousand dollar goal so I've still got I'm not even halfway there yet.

You know I've still got a long ways to go I need to keep my focus. This is to have a goal as big as a hundred grand is also kind of exemplifies that this is not about a sprint. You know I know that I'm kind of sprinting where I'm You know, trying as quickly as I can to build the account, but at the same time this is you know, a marathon and once I hit a hundred grand I may just you know, continue trading you know and then set my sights at 150,000 or 200,000 or whatever it is. and you know, maybe in a year what? I have a couple years I'll be able to have grown this account up to five hundred thousand.

Seven Hundred thousand A million dollars. And that is the big picture. You know to be able to be a full-time trader, to generate five hundred to thousand dollars a day, to be able to pay your mortgage from this from these trading profits, Or you know, to buy a house or put a down payment on a house I Think that's what you know. That's what we all are doing this for.

to make a living, to make a living working from home and doing it on our own time. And it's definitely possible. But the struggle is that this is. you know, one of those careers where you always have to be really at peak performance and so like a you know professional athlete or something like that, you're only as good as your last trade.

You know, like a quarterback, you're only as good as your last throw. And that's definitely true with trading and that creates a lot of pressure there, which is not for everybody. and you know, for me, it's something that's been a challenge at times is coping with that pressure. That pressure has certainly been a lot higher this year because of the way.

I've done this challenge in such a public way with so many people watching and commenting. and the bad days are you know, there for everyone to see. Of course the good days are there also, but it's the bad days that are really so hard. And I know that we will have a period during this challenge where we go into a kind of a you know, a a slump, a slow period where I might only be able to make a couple hundred dollars a day and I'll be asking myself am I the same trader that made you know twenty two thousand dollars in one day? You know in February and the answer will be yes.

But right now the market is not on my side and I've got to just kind of hunker down, wait for those opportunities to come to me, stick with what I know and wait. You know patiently because I will be able to regain control. The trick is not allowing yourself to have deep deep draw downs and I had a deeper drawdown than I've had in over a year or last week when I lost 13,000 So I stepped up to the plate I got aggressive and I got smoked and that was a reminder to you know Yes, it's okay to be aggressive, but you have to. Also, you can't lose sight of risk and every trade that we take carries risk.

So it's all about managing risk, controlling it to the best that we can. That's comes back to knowing our max loss on every single trade and knowing the types of trades that are more apt to give us. you know, surprise slippage and things like that. A lot of the the lower float stocks do have that extra risk, which we measure against the reward that these are the stocks that can go to.

you know, 50 percent, 100 percent when they go the right way, but when they go the wrong way, it can be really bad as well. So you know that's kind of a recap of where we're at today. Day 24 of the Small Account Challenge and you know, just an interesting, interesting weekend to watch the Super Bowl and to kind of think about how that relates to the trades that you know that we're taking here and and sort of the the life experience of being a trader, you know the challenges that we have with the psychological aspects. I Mean it can be a challenge.

so if you're a trader that ever felt that way, you're not alone. I Think you know we've probably all felt these struggles from time to time and the best thing you can do is, you know, participate in these conversations where we kind of really think about it and get a better sense of the you know kind of underlying mechanics of these reactions. For me, a lot of times the down periods can be the result of some triggers and making some big mistakes and then getting shaken. You know that could be a equivalent to a quarterback getting sacked and just sort of getting thrown off and then it shakes them up for a little bit.

But being able to come back to your Center and feel grounded is something that you'll need to be able to master as a trader. so it's definitely something that we talk about a lot. Alright guys, so now I'd love to answer any questions that you guys have. I'm sure there'll be a bunch of them.

Let's see cool Danny I'm glad to hear that Danny's saying that we've made a major difference in his trading so that's awesome and yeah job you know the the the feelings of the days where you struggle and then you know back to back was winning days. it can be a real roller coaster for me. I've had some of the big extremes, you know, down thirty grand and then you know last week up thirty-seven thousand so had these big extremes and it makes the days like today of a thousand a thousand up a thousand down feel like they're kind of in the range of it's no big deal, which is good, but you know it's something that is definitely a challenge with this job. It's not something you would probably experience in a lot of other jobs.

Let's see question since writing my book, is there anything I would change now or revised? Well, yeah I wrote that I wrote I wrote in the summer of 2015 and since then you know there are certainly some things that I would add to it. but in general those strategies are the same strategies that I'm trading today. you know, looking for the momentum, looking for the gap and go trade the first pull back, the second pull back. that type of stuff.

So those strategies and those patterns all remain to be. You know, really a core aspect of my my trading day every single day. I think there's just maybe a few details that I would change or maybe things that I would add to you know offer more clarification and stuff like that. So Chan when I started my account with 583 dollars, he's asking how did I trade with 4,000 shares Now when I first started that account, the first couple days, I was only trading with a thousand shares.

I was buying three dollar stocks for a thousand A thousand shares and that was three thousand dollars. So with the $583 I was given leverage times six. So five times six, six times six, you know I had around three thousand, three thousand, five hundred dollars in that account. So it's a fairly small account and they don't give you leverage on stocks below $3 which is why I would only trade stocks $3 and higher because the most I could take was a thousand shares and it just didn't make sense to trade.

You know, 200 shares or anything like that of a $2 stock or something like that. I just couldn't make money on it. So I had a very narrow range of the stocks I could trade between three and four dollars target being a thousand shares once I built up the account you know as I've got my calendar over here somewhere. you know the first couple days of January I had some small gains: 124 dollars on my first day, 187 on my second, 150 on my third, 150 on my fourth, 150 on my sixth, and then 250 on my seventh day, 268 on my 8th, and then 1,700 on my ninth.

So it was like slow slow slow. and then I got a big boost forward. you know, just kind of. During that those first eight days, it was kind of like today.

there weren't a lot of stocks that were really opening up, so I was just taking that, you know, 10 cents when I had at 15 cents when I had it and I wasn't getting the follow-through I wanted. But then I got that fine that day with big follow-through the next day I made 2,300 So two days have awesome follow-through and then my account had grown substantially. So at that point I could take twenty five hundred shares, four thousand shares of almost anything. The following day was 615.

Then I had a day where I only made 47 and then a thousand 319, 804, 68. So kind of slowed down again for a couple days and then it picked back up with 1920, 200 and then 7,500 And that was the big day. 7,500 you know on that day I got up to 22,000 peaked at 22,000 the following day I lost 5,000 dropped back down to 16 and then I made 4,600 and then 14,000 on Thursday I made 14,000 dollars in that account on Thursday which brought me up to 40 grand. So another 5,000 herb that brought me up to 36 thousand plus the 5,000 on Friday brought me up to 40 just under forty one.

And now the thousand from today 42 for for four thousand, forty thousand, Forty one thousand, eight hundred dollars, give or take. So obviously I mean I started slow, started building up, and I only have one red day, but it's a five thousand dollar loss. so it was a pretty bad day. I mean even for an account, you know that's a big account is a bad day for a small account I lost 25 percent of the account in one day, but you know that kind of.

instead of getting shaken up and allowing myself to start making mistakes, I use that as kind of the you know the inspiration to really focus, take my trading to the next level and redeem myself. and I got Redemption Alright, so let's see two, two, two two now I definitely I Like waiting for the first pullback ideally whenever possible I want to wait for the first pullback? Buying in the first five minutes is fine when we have a good pre market chart or when a stock has something really special like RG SC or opt T because their former runners, but generally waiting for the first. You know five minute pullback is better. So BNT See last week for instance, we traded this one.

Let's go back to that. This right here. Awesome. First pullback.

Awesome. Second pullback. Super super clean. Great opportunities there.

We saw the same thing on a KD and we saw the same thing today on PU LM Those are the safe places to get into trades. So to find this entry, well, you've got to first find the stock, hitting the hide a scanner by squeezing up and then you just keep it on, watch and wait for the pullback. Wait for the pullback. wait for it first.

cantle to make a new high as your entry. The challenge is it's easy to get distracted. It's easy to miss that opportunity because you're watching. You know ten other stocks that also hit the scanner and so it's not uncommon to miss them.

But this really is the safest entry. So Wilson The Fantasy stock trading platform has a 5000 share limit basically to help you not get too aggressive. It's not realistic to take 10,000 or 20,000 shares in the simulator because it's very unlikely you would trade with that kind of size when you go live. I Mean when I first went live, I was trading with a couple thousand shares, but definitely not 10,000 or 20,000 I mean it's just not realistic and even if you're in the simulator and you're like well I'm making really good money with 10,000 shares, it doesn't perfectly reflect slippage and you know issues with liquidity.

I mean the simulator will let you buy 50,000 shares if we you know if we allowed you to and you wouldn't that's not realistic because you wouldn't be able to buy 50,000 shares of these stocks you know and get filled at that penny that you'd get slippage. And so we try to kind of keep you guys trading small to build, focus on building your foundation, building your skill and if you can make money with you know less than 5,000 shares you know you should be able to do okay, you know and this is important for really for all students that you have those you know those kind of ground rules of position sizing and max loss and that type of thing. So on the simulator we also have a max loss. if you're below the max loss, you can't keep trading and you can't take more than ten positions at once so it's trying to keep it realistic.

And yeah, if you're trying to, you know, go in with 20,000 shares to make back money that you lost. That's that kind of overly aggressive mentality. Now it doesn't mean that it's not something that you know I haven't done before I have sometimes I'm able to come out on the right side and other times I lose. But you know I've been doing this for a long time.

So when I decide to revenge, trade, or get aggressive I'm doing it from a very you know I've got a lot of educated intuition. It's not just intuition I think this will go up. It's educated based on experience based on watching similar setups. And that means that if I'm going to choose to be aggressive, odds are, you know, with sixty-five seventy percent accuracy, I'll still be right.

So that's okay I can usually do that, but a beginner trader with thirty to forty percent accuracy, you know you're not in a place where you can be that aggressive and count on having a win, you're more likely to have a loss. Benjamin You can't sell on the level to whether someone's long or short. I mean because the buy orders by order sell orders the sell order so you don't know if it's long Shore, if it's covering or anything like that. So it can be a little bit of a challenge you know, sort of interpret.

Is this someone short selling? Is this someone buying long or covering short, etc. And there's a few things that we can do to sort of get a sense of what it might be based on looking at the chart pattern. Knowing if the stock has short sale restriction, we know that people can't short on the bid, So therefore anyone selling on the bid would be a long trade getting out. So you know there's a few ways you can draw some conclusions, but it's not always completely concrete.

So if you ever see the ask at six dollars, but the stock is around four dollars, it's usually that you have a like a stale order that's just kind of sitting there on the level too. And we see that sometimes I mean it could be a stock that has a very big spread, but I can flip through a couple stocks. we saw it earlier today on PLM where the level two is crossed. a Pvo I mean kind of no, no, no, the odds of finding one just flipping around here.

But yeah, essentially it's what if the bid price is higher than the ask price stuff like that, it's an order that's just kind of stuck there and they get cleared out eventually. But and you if you tried to buy, you wouldn't be buying or selling based on that stale order because it's it wouldn't be the actual best bid. All right. So come on.

Yeah, let's let's briefly look at a good daily chart. This is something that a lot of traders ask me about in this part of the class. We talk a lot about drawing windows on charts, so a window on a chart is an area with no resistance. and my OS was a great example of this the other day.

So when we look at these charts, let me just back this up. Here you can see here on my OS there's a couple things I look for I like to see the price above the 200 moving average. that's the Purple Line we're above it I like to see the price above the 9, the 20 and the 50 moving average. That's the gray, the blue and the red line and we're above it.

So the next high is right here at 407. All right. So I look to the left and I look up and I see Well where's resistance? Okay so we've got the high right here. that's resistance and then we look left and up.

what's the next one and it would be the high of this candle right here. this red candle so I'd be like okay that's the next level. Then we look left and up and the high is here. So what we've essentially done is kind of created these windows.

you know here and you know, right in here this area. Some reason my charts being a little weird right in there and then you know, maybe a little window kind of like right in here. So in this stock started to open up, you know we were like okay, we've got all this potential. Once we break over this level, we've got room to this level to this level.

now. in contrast, a stock like I'll use you know actually I'll use, SSH This is one that I was looking at this morning. It was gapping up slightly. So this one has has a couple of problems.

The first problem, the stock is below the 200 moving average, but it has has a lot of room up to the 200 like 10 points. So if we get above, let's say the 50 moving average, we've got some room. but we're below right now. In addition to being below the 200, we're also below the 9, the 20, and the 50.

So is this gaps up? It's going to run into these resistance levels. And remember I happen to use the 9, the 20 to 50, but other traders use the 10, the 25, and the 60. or you know, the one in the 10, the 50, the 100. and the what that effectively does is it puts lots of lines of resist above this level.

Lots of line. so as soon as we come into them, there'll be some traders who decide to sell and that creates an issue. And now if we try to even look at Windows you know we could say okay, well I'm looking for a bigger one so maybe you've got you know, kind of one from there to here. But in between that, you have the resistance of the moving averages so it's not that clean.

you know, then you've got that which starts to look a little bit better and that and that, You know again to the left and up but you don't have. It would take so much for us to get to there because first we'd have to get over all these moving averages all right. So now in contrast, let's see, let's just look at a couple. This one we look.

This one we traded recently on the break of the two hundred because once we were breaking over that level then we had lots of room to move up. but we first had to break over the moving average our GSC We recently traded this one on a bounce which was kind of a risky trade but you know this was the first candle to make a new high. We knew we would hit resistance at the moving average but we had some room up to the moving average from our entry because on this our entry price was right here at right around $4 for 50 and we had room up to like 550 to the moving average so that one was was okay to trade GLB s. Let's look at this one.

this one kind of pulling back consolidating. You know first candle to make a new high would be good. Volume is light needs catalyst but that one could be okay. Let's see I'm trying to think of some other ones trying to think of one.

That's so. this one's below the 200 right now. You can see if it can get above that level then it's got a lot of room. This is almost.

you know by itself. Just once you can get over that level, it's kind of going to be a new base and that's not levels at Four Dollars, so we're a ways away. Let's see NVDA Yeah now this is one of those ones. It's pretty extended to the upside, so the the safe entry would be pulled backs down to the moving average, consolidation at the moving average, a bull flag and then to ride the momentum back up.

We're above the moving averages, which is great, but buying it a high a day is pretty risky. opt T Yep, so this one I Thought we were going to break over the 200 right out of the gates and if we broke over that level, then I was thinking we had room back up towards five. You know there's a couple little areas of resistance like right here and right here. In right here and right here, but again, that's from 359 up to 589.

Those are some pretty nice windows, so good potential on that. If we could have broken over this level which we were really close but just couldn't quite do it all right so you know. I I Always like to have a strong daily chart, but I will take trades with a weak daily chart if the stock is very, very strong intraday because it has a catalyst which could be a reversal on the daily chart or it could be some type of breaking news. All right guys.

So what I'll do is I'll go ahead and upload this to YouTube So those of you listening to the podcast or just watching on Facebook can re-watch this and see the charts as I'm explaining because I know this is kind of if you're only hearing the audio might be a little bit confusing. so I'll get those uploaded. Make sure you add comments if on the YouTube and Facebook feed. I'll make sure I respond to them and answer the questions that you have.

Tom The list of former runners is a scanner that I have inside my platform and that's those. Scans are available only for our students, but we do have a list of former runners right? Where is it? Let's see right here, former runners list. So that's a good list to refer to because yeah, those are stocks to have a history making big moves and you know they're the type that can move again if they've got the right, the right setup, the right catalyst, so it's always good to keep those on watch. And today was a little bit of a rest day.

Not a lot of follow-through you know we'll We'll just kind of play it by ear. We'll take with them our it's willing to give us. If it's only $1,000 then we'll take $1,000 If we can get more, obviously we'll push it a little harder, but today I'm I'm not gonna try to tread through and be really aggressive. it's not feeling like we're getting good follow through, so this is a good day to step out, kind of seek shelter from the storm and then we'll get back at it first thing tomorrow morning for Day 25 of the small account challenge.

All right guys, thank you all I Will see you first thing tomorrow morning. Okay, thanks guys! Let's be honest. if you made it this far, you must have really enjoyed that video. So what's stopping you? subscribe right here and get email alerts anytime I Upload new content.

Until then, Happy surfing.