What's up you guys? Alright, well here we are: 28 consecutive green day, 28 green days in a row. Girl helped bring it together today. So some good action on Apop. That was the stock that I made the most money on.

It was the stock right off the watchlist leading gapper. it was Chappie. It was really choppy, some big drops, big pops back up, but I was able to find myself up about $4,200 on the day. So I can't complain about that.

My little trading station here is serving me well. You know it's been now like six weeks since I traded in my office down. you know we're at work, were out. Typically trade being at home has been a little different, but you know I've also been on a nice hot streak here, so maybe something about this is working.

and I don't know I'm gonna I'm gonna go with it. So today's a really nice recap: Live trading examples on Apop: I Break down a little bit about using TD Ameritrade for the strategy that I'm trading I Talked a little bit about our trading simulator I talked a little bit about my Lightspeed trading platform and of course we break down the trades on Apop AAMC and a couple other stocks. was a little choppy out there today, but profit was there if you knew how to manage your risk. So I did have a couple losses, but they were relatively small.

It's able to bounce back and actually I did go red today, but not by a lot. It was after a couple trades on Apop and then one false breakout trade and then I went from red to green and didn't look back. So it's important to know when to throw in the towel, when to walk away. And so today I'm you know, throwing in the towel I'm probably leaving a little money on the table.

probably could have made a little bit more, but four thousand dollars on a Monday is not bad. Another rainy day here in the Berkshires I This spring has been so funny because we we've had like maybe two or three days where it's been like in the almost 70s and then it's just been a lot of rainy days. So and it's like you know it's May I mean it's almost June So I really hope that we get some nicer weather here soon. We have to got snow for the weekend.

How? Well this doesn't make a big difference for me sitting here at my trading station. so enjoy the recap today. As always questions comments, leave them below. make sure if you haven't already hit that subscribe button that you subscribe to the channel and tomorrow morning as always, right around 9:00 9:15 I'll be live-streaming here on YouTube my watch list so make sure you tune in for that.

Alright, see you guys in the morning! Bye everyone All right! So today is my 28th consecutive Green Day and I'm gonna finish the day up four thousand, two hundred, twenty four dollars and forty three cents. Which is not bad for a Monday Apop was the leading gap this morning that I was watching and it's the stock that I took the most trades on and it's the stock that I made the most on. but it was not easy. I did struggle with it a little bit in a couple different spots.

So I'll break down some of those trickier entries and some of the losses that I had. and today's actually a day where I definitely went red I went red. Let's see, after Apop I had a couple trays right out of the gates and I was basically break even on it. and then I had a bad trade on CL BS and lost 600 and that put me down about 500 bucks and I checked I you know I was like alright, that was not a great trade.

should I just stop where am I at and so the way I've been trading here I have my Pn l like this. Alright so this is what it looks like. so after the loss I was like alright, not bad, okay 500 that's not bad, that's not bad and then I put it back out of sight. so I'm not staring at the number and from there I started having you know, working on digging my way out of the hole.

I wanted to check because what I told myself is because I've had this really nice hot streak here. There's definitely gonna be a little bit of a temptation on the first day that I go read to try to over trade and get myself. you know, back out of the red into the green and I don't want to have the first red day be like a blowout. So if I have a day where I'm down 1200 bucks and I'm just like you know what, it's time to.

Just let's just throw it in the throw in the towel. here, 1200 bucks is no big deal. On the month as of Friday I was sitting up $37,000 So to lose a thousand on a red day, it's not a big deal. Yeah, it ruins the the 28th consecutive day hot streak.

but one ray Des doesn't actually end a hot streak. it's just I mean literally. if we looked at this and this was a red day or this was a red day or this was a red day, it wouldn't matter, it's still a hot streak. As long as those red days are small, it's getting fixated on.

you know, having a big big green day or you know, having maintaining the hot streak and then making a big mistake. that's where I could get myself into trouble. So I did want to see where I was at and when I realized that the loss on C lbs, although not great at almost $700 also wasn't terrible at that time, I saw that I was only up about 150 on Apop and I was like all right, this isn't I'm not in a great spot right now, so let's just be careful and in fact, a good amount of the profit that I got on Apop was later in the morning it's 11:00 a.m. and I just finished trading My last trade I was at 11:00 11:06 down here, buying at 11:05 on this flush right here low of 425 I was in at 433, 434, 435 added at 443.

Looking for that pop back up, it only actually came up to 53 so it wasn't the biggest pop. But anyways, that was my last trade. so let's go back here to the beginning of the day and kind of talk about why I was narrowing in and honing in on Apop. All right.

So today, really, just like any other day, I sat down around 9:00 a.m. and started looking at the Gap scanner. So those of you guys who are at the very beginning of your learning curve maybe this is your first day in the room, this may feel overwhelming and I will tell you that part of trading my style does require certain set of aptitudes. As you probably are well aware, I'm a pretty fast typer I am pretty quick on the computer and that is an asset for me.

If you're not good on the computer at all, it's going to be something that you need to learn while you're learning how to trade. So you're kind of needing to learn. You know two things at the same time: how to get faster on the computer, how to get good at training now Mike Of course, trades a strategy that's a little bit slower and so it probably wouldn't surprise you that a lot of the people that are trading Mike's strategy tend to be folks that prefer a little bit of a slower moving strategy one that's not quite as fast or quite as aggressive. And that's not true of that.

Everyone in there necessarily is like you know, a dinosaur and it's like really bad on the computer. It's just that they prefer a strategy that's a little bit slower. So we've got twenty three hundred in the small cap room right now. Let's see, where's the large Cap room? I Must have this tabbed out.

But in any case, so we've got. oh, there's the large Cap room. So we've got eight hundred here in the large cap room. Twenty three hundred in the small Cap room right now.

But the large cap traders are primarily trading stocks like Netflix and AMD And talk about Disney and Tesla and things like that, where's us over in the small Cap room. We're kind of a, you know, the some of the cowboys and cowgirls who are being really aggressive on stocks like Apop, So this fits right into my wheelhouse. So Apop was gapping up a hundred and eighteen percent this morning. All right, One hundred eighteen percent is not a small gap and I saw that there was a headline here: positive data.

This is a biotech stock. so I was like, all right. all of this checks out for being something that I would be interested in trading. However, given the fact that I've been doing this for almost ten years, I saw Apop and I was like yeah, I know that stock I've traded it many times.

In fact, I've I've had some really big wins on it. but I've also had some big losses on it. So the first thing I want to do is look at the daily chart. So this is a chart right here.

Going back to September of last year, this is a daily chart. Each one of these candlesticks represents one day of time, right? We can look at Candlestick charts really on any timeframe that you want. I mean you could select you the most obscure timeframe like a 24 minute time frame. and maybe there's some people that use it.

But most people use one minute time frames for day trading, five minute time frames for looking at day trade patterns. And then maybe some people use 15-minute or 60-minute charts. And then of course there's people that refer to the daily chart for finding that daily level of support and resistance. So on this one as I pulled it out I Can go back and tell you there's been some instances back here of some really big moves.

This was 2017 and I traded it on this day. You know this day, this day, these were days I was trading it big moves. but then it started to have a little bit of a history of gapping up and selling off big red candles. going lower, going lower, coming even lower.

a gap and a bit of a pop here before going lower dropping lower. Gap fade here. another gap fade here. reverse split squeezing from a low of let's see about a dollar fifty eight here, up to almost three dollars, then the next day to four.

but at this point it has a pretty well-defined history of gapping and fading. So I presented that as a concern this morning as I was doing my watchlist. However, from technical perspective, we've got room from 463 up to 689 and the 200 moving average on the daily is at 333. So if we go into the warrior Pro classes which many of you guys are part of in chapter 4, this is where we break down those daily windows.

The gaps in Windows of what really qualifies as being a strong daily chart and I do think that this had a strong daily chart from gap and window perspective, but a weak daily chart from the fact that these recent gaps faded so right out of the gates. my bias on it was naturally to the long side. But as you can see as we started the day pretty much right away, we ran into a little bit of trouble and so let me pull up a couple of my Recordings on this here. so you know as always, right at the Bell I try to turn on my recorder so this was like right at 9:30 I turn off my free watch list that I do on Facebook and YouTube then I switch my my scene to the the main monitor and here I'm about to start trading so apop and maybe before I break that down any further I traded it out of the gates but let's look at the pre-market chart in a little bit more detail.

So as I saw it here, this scans how I find the needle in the haystack so this is presented for you guys of course as warrior Pro students in Chapter I believe it's 11:00 I go through how I've set the scanner and you guys are able to stream it of course every day. So our leading gapper was actually ACB However, why was I not interested in this? Give me two reasons: those you guys were watching live. Reason Number one: Well, clearly the float says 1.6 billion shares 1.16 the floats crazy high. Number 2.

well wait a second. A hundred, One thousand, one hundred, twenty two percent game. That's strange. So when we pulled it up what we identified was that they had just done a reverse bullet a twelve to one reverse split so the stock was probably at about fifty cents.

They did the reverse split. now to seven dollars. The float has also gone down by 112 so it's 1/12 of what at what used to be. So the floats actually gonna be about a hundred million shares? that's still too high I don't see a catalyst here that I like and it was already looking weak pre market so not interested for a number of reasons.

So Apop was the second one that I liked and this was the leading gapper Now although we did look at AMC and I made 60 bucks on it and we did look at Ckin and I said these ones were interesting for various reasons. The only spot I traded AMC actually was the bounce off of the this moving average right here the 200 which as it turns out I could have held that quite a bit longer. That was a nice nice entry sometimes. Just as a side note, I had someone has commented Jeffery on my one of my youtube videos he said Ross You know it's frustrating to watch you stop out with, you know, a tiny profit here of $64 only to see the stock you know 30 minutes later do this, You know, why don't you just hold these sometimes for a couple hours or a couple days and so the thing is, when you're in a trade, you have exposure risk and that the exposure risk is that while you're holding that trade news could come out bad news and suddenly the stock drops and so while I'm in a trade I feel like I have to be staring at it and because I take trades for such short periods of time I usually put a lot more money in but for a very short window so the window helps reduce my exposure.

If I was gonna be in a trade like this for you know, 30 40 minutes I certainly could have taken that entry down where I was in at whatever this was now I think it was 92 492 that I got in and held I I had judge so I had just taken a trade at 505 and stopped out at 5. so I lost about 300 bucks on my first stab, then got back in at 92 when it popped back up to 5 I wanted to sell half I fumbled my hotkey and inadvertently sold the whole thing which was annoying because I sold it at 98 and then immediately a pop to 505. But even if I had not fumbled my hotkey and sold half at 98 and then the other half at 505 you know at this point I hit 510 and I could have made me set a stop at 5 on this and and let it hold it a bit longer. but then here goes to 520 and then comes right back down to break-even.

so it sometimes for me feels hard with larger share size not to take that 400 500, 600 dollars of profit off the table. you know And look at this here, it just squeezed up to 60 but then in one candle drops back down to 40. So if I was holding the whole thing would I still be holding through that 20 cent pullback? You know where would I where would I upset my stop and and then finally say okay, enough enough and so for me. although you can certainly create a different strategy for taking profit and you could adjust your share size so that you could hold for a bigger move and not feel as concerned I tend to be more aggressive with my share size.

quick entries, quick exits, and then re-evaluate and come back to it. In this case, I didn't come back to it, but it's again a little bit of a risk tolerance question of which you prefer and some of that decision may be dictated by your aptitudes and by the trading platforms that you're using. So if you're using a platform like TD Ameritrade T V-- Ameritrade, as many of us know, is not really customized for super-aggressive day trading. I Don't know a lot of really, really good and seasoned day traders that use it, although I do know a few so it can be used for active day trading.

But really TD Ameritrade and thinkorswim was developed for passive investors who take a couple trades a month maybe buying and selling. you know, for their 401k and and not super actively getting in and out. In and out in now. So if you have a platform like that, you may feel that it's hard to make two or three cents a share consistently.

It's easier with smaller share sites to go for fifteen or twenty cents for what it's worth. I will pop up my TD Ameritrade account here and just show you a couple of examples. So I'm gonna log into the paper-money account just so it's I can take trades in. it's not real money.

So anyways, on Apop, this was what I thought would be the lead-in gap or that everyone was watching. And that's important because the stock that everyone is watching will respond better to the technical patterns as we see them. So I'm gonna delete some of these lines here and kind of bring it back to the way it looked earlier this morning before I really started aggressively trading it. Alright, so we're gonna get rid of these.

Ok, so we're back to a fairly clean chart and just to get everyone I don't know on the same page I've got a 1-minute chart over on this right side. I've got a five-minute chart right here on the left and this is my daily chart down here and this is my news window that East signal automatically populates news with. Now if I pull up a stock here like Facebook it doesn't link here automatically I do have to type it twice. it's a little annoying, but I've gotten used to it and I type pretty quickly so it's not that big of a deal.

Alright, so apop the pre-market chart looked like this and I thought you know this right now. Looks very nice for a break over the pre-market pivot of 5:50 So I would call 555 48. This kind of pivot where it hit a high of pre mark at 584 but then it pulled back all the way down to about 4. I don't know 50 or so.

a pretty strong pull back down here 460 before curling back up. so out of the gates I had a long bias and I knew the volume weighted average price. This orange dog line was at 95, so I was considering possibly that my first trade could be a dip down to that level for a squeeze back up. and in fact we did get that, but not in a way that was particularly easy to trade.

So I'll pull up I'll show you the live trading recording on this a little bit. This, of course is the platform as it sits right now. this is the recording of where I sat in the morning. and for those that are using either TD Ameritrade or our warrior trading simulator, I'll pull both of these up just to show you sort of the example of how I would have taken the trade in these platforms.

So our Warrior Trading Simulator we license from Sterling Sterling of course is a provider of trading platforms they service Lightspeed Centrepointe Cmeg and a bunch of other brokers. So in the trading simulator and one of the things you'll notice is that Lightspeed the platform that I'm trading in, this platform is very similar. In fact, Sterling maintains this platform for light speed so these are the same exact data feeds. Very very similar platforms.

And now if I type in Apop here my order entry I could say okay I want to be a buyer at 450 and have it set up and choose my share size, etc. etc. Very similar to what I do here. A thousand shares for 50.

Very similar now. TD Ameritrade is a little bit of a its own platform. Nothing really looks exactly like TD Ameritrade It's very. it's a very custom to TD Ameritrade which is kind of annoying because when you learn how to use it that those skills don't really translate super well to other platforms.

And when you learn how to use Lightspeed or Sterling, when you come over here, you're gonna get confused as heck. So let's just pull up Apop. So if I want to buy this down here, of course I can switch this timeframe to a one minute chart that you can do all that. That's fine, but what you don't have is a traditional order entry window.

So the order entry window that I like is this right down here where I can actually type 450 and then click the Buy button. You don't have that here, which is really incredibly annoying in my opinion. You have the level 2 right down here. As you can see, it's kind of stretched out in a much bigger way, but you do have it.

this is it's a blue gradient instead of green and red and and yellow and you can't change the settings so this is just the way it is. and then if you don't use that, you also have this price ladder which is kind of odd. So generally I find that it's not super intuitive. You can enter your share size right here and that's what most of us do.

We would enter share size here, we would send, audit, we would tell it to auto send and if I want to get in the way I usually buy with TV America would be click buy market and right now I'm in at 24 wait trade trade price of 24 I must be on delayed data on on this one because obviously it's showing me the current price is 47 so it must be delayed data right here. which is even more canned confusing because it's showing that my P&L is 220 when it's really not. But anyways I think it's just cuz I'm in the sim or whatever yes is delayed data so whatever, that's fine and you can get real-time data on it I really should be on real-time data because account has money in it but it doesn't matter. So anyways, usually the way I was getting in was by market and then you can click flatten and just like that it'll close you out of the trade and then you look down here and you're like okay, well what was it oh I lost 120 bucks Okay so that was my profit but it's not super super clear of exactly where I got in, where I got out I would then go over if I really wanted to see to monitor and then to limit orders filled and I would actually pop this out and I would usually keep this kind of down here like this so I could see the actual price right here of where I got in and out and so usually the way I kind of have used TD Ameritrade I kind of make it I sort of work with a couple different windows you know, ones down here once right here and then I'm basically getting in with by market and either sell market so I'm in and out like that or I add buttons on here to buy the ask which I don't like because often times orders won't fill if you just buy the ask if there's not enough shares.

So what I also tried doing was using a cancel all I guess we have that right there already but I'll just add it again. So I'm gonna say cancel all, move up and I'm gonna add one for sell ask. Alright so sell ask and move up. Alright so so there we go.

So now I can click buy market and I'm gonna be in this at about 16 right? I'm in at 16. it shows my current price here 16 and now I could join the ask I could change this to 500 shares I could join the ask right now and I'm on the ask right now at well see it's doing the ask at that price which is the problem because I'm on too late data. but if I had used if I was on real time data the ask would be right around 16 17. so I can go down here I can also just click this.

Let's see so sell 500 at 17 and see that's not it's this delay data is the issue here. So anyways I'm just gonna click sell market. it's fine so sell market and sell market I'm out at 18 and I want to make sure I don't have any working orders and I don't So anyways you can use this platform but and you may find that your strategy is gonna be, you change your strategy a little bit because it's a little harder to get in and out very quickly. very precisely.

I'm still holding 500 shares. so I'm gonna go ahead and sell market on those 500 and so now I'm out. Profit loss is down 105 dollars whereas over here you can very easily get in with hot keys and get out quick. So I mean you know it's kind of which one would you rather do.

You can see how fast I'm trading although you can set up some hot keys, they don't work as well on. TV So back in the main account here out of the gates I am buying the dip. So I'm buying the bounce off of 5. I'm thinking that $5 whole dollar psychological level of support is gonna hold and it pops here back up to 515.

and just like that on this trade, I'm actually up. As you can see six hundred and forty five dollars. I Bought the dip. Now the the hard stop on that was five dollars Five dollars hard stop.

so I have six cents of risk. Alright, so six times three I'm risking $180 to make in this case 645. Now on the ask, we see 19 and shares at five dollars and 30 cents. So 5:30 right now has a seller and because we already have 5.4 million shares of volume and were nine seconds into the day and in this current one minute candle, we've probably already seen two hundred thousand shares of volume in nine seconds.

I Think it has a good shot at breaking 5:30 Unfortunately it's not able to so looks it looks here like it's gonna break right and so there it fails. it drops back down and so in this case I am selling 1700 shares and then I'm still holding 1700 right back to break-even and that's how you know even with fast software, I didn't take the profit quickly enough I didn't take it off the table and I did end up giving it back Now I'm looking still down here and actually I just added a thousand shares at five dollars. So on this trade my my bias changes a little bit because here I sell half a 28. So I I'm up 650 bucks and I do sell about half of my shares there.

So I've got about three hundred dollars of profit. So even though I'm still holding it 506, I've got some profit. a quick drop like that, we're still near the V whap and so I'm looking to add again Now new stop is the low of that pullback and so I add five, there's a pop up to five fifteen and on that one I just sell the whole thing. So I'm like, you know what, I'm just gonna take my profit or whatever is 512.

So I have profit there not only from 506 but also from the shares I add with 512. All right. So now we're looking for a pullback. So right in that moment I had a little bit of a cushion obviously not a huge cushion and I'm looking for my next possible trade.

but unfortunately this one is just not clean at all. It gets very choppy. It ends up doing as you can see if we look jump this back out the my charts over here. This ends up doing a flush, a drop all the way down to 466 before ripping back up to 425 24.

So this I mean look at this rollercoaster. down, up, down, up, back down, back up, back down, back up. Big flush right here. So this was a very choppy stock.

I Think what it was going on with it was that you had a lot of folks who had a very strong short bias on it because of its history of failing. but you also had long biased traders who saw it is the leading gapper with a nice pre market chart with news with no real resistance on the daily and the potential to get in with tight stops on these pull backs and then ride the momentum. And so I think in these moves it was squeezing out short sellers and then I think it was trapping long traders who were then getting back out. So if you sort of think about this as if you're going short on this, right here you're like okay, this is a week, I'm shorting it for the break through the lows and then all of a sudden it rips up.

You might quickly cover and a long trader might get FOMO and chase it long and then it comes back down and a short seller goes short again and a long trader bails out. and so you now you get that extra push to the downside and then it does a false breakout. here. it drops.

Long traders gets topped out and then it starts to curl up. Short sellers stop long traders jump in. Some short sellers squeeze out some long traders fomo into it, and then smart traders take profit, sell. short sellers go short.

Long traders who have FOMO bail out for losses. Short sellers get aggressive. You know you get these just crazy moves. so this is a perfect reflection of that irrational strength and weakness in the market.

There is a way to capitalize on it and is also very easy to fall victim to it. And I had a little bit of both happen. where I had a couple trades that I tried to hold for bigger moves I ended up getting stopped out, breakeven on them or even having them turn into a loss. I had a couple of dip trades where I capitalized on the panic really well.

this one down here and and I'll show you this example This This ended up being a pretty nice trade here. Let's see so this one. I Where's this? Okay, so this was a trade right through there, but I'm really gonna focus on. well actually this is an okay one.

So right here I had a position where do I stop out of that? So on this. I actually did a dip entry right down here on Apop. I Thought it was starting to consolidate here and I believe that if it broke over 505, we would see a move up to Five 2530. So I'm in here at 587 with a stop at Five sorry 487, 46 with a stop at 476 which is the volume weighted average price.

So I'm using about 10 cents. Stop now right there in that moment I'm up 150 bucks and I'm looking for this to break back over five. So I'm watching here I'm looking to add for the break back over five and I end up adding let's see it comes up here starts to look like maybe it's gonna squeeze up some green. well there's a red right there, but some green coming in.

I'm looking for the first candle back over five so watching. so right there I add now my cost basis has gone up to six sorry to 492 and I have 6,000 shares and again I've got my hand on the button to add I'm looking for the break over five I'm thinking if it breaks five, we're gonna get a quick rip. and even though I'm adding up here is certainly adding at a slightly higher price than 88, What? I thought I was getting was confirmation green volume coming in right as we're about to break over five dollars ended up being wrong and instead of taking my profit right here or getting out break-even I ended up holding it and stopping out as it I gave it a second to pull back but then when it broke the low of 85 I was like I gotta cut it loose I can't keep holding it so right through here I could have gotten out break even and and I probably should have break out or bail out and either works right away or I should cut it and in this case I held it a little longer and then I finally stopped right here. This was a critical line in the sand.

85 a double bottom and I did not want to hold if that double bottom broke. So as I started to see selling down here 88 89 88 now I was like that's not good, that's not good I'm afraid it's gonna break 84 so I hit the bid full-size and I got out in the nick of time. Now it's down to 70 and this was the beginning of it really rolling over so as it starts to roll over here it ends up breaking 70 and coming back down lower and watch right here so it ends up doing a fir a really firm break here flushing down to 50 and now this is where you start to have that you know, short-sellers going short long, traders bailing out obviously I had no shares available to borrow of the stock, so shorting it wasn't an option. Here's lots of sellers at 50.

Boom 247. Now on this stock. We had support back here at 435 and 430, so those were levels that I was watching for. possible dip trades watching here.

Boom! That is exactly what I was looking for for a dip because that was such a quick flush. So I went ahead and jumped in right there. So I'm in on that dip and my stop is at the low of 25. so my heart stop is 25.

and I'm looking for this right now at 600 bucks off the lows, but I was looking for it to break over 450. Unfortunately, it didn't do it and it kind of had psychological resistance at the half dollar. Although it ended up being a winning trade, it wasn't as big of a winner as I was hoping it would be. Just be cuz it couldn't break back over that half-dollar as quickly as I thought I wanted it to.

So anyways, this was a day where this stock was very, very wild and and you know, again, over in. TD Ameritrade If you were actively trading in this type of account, some of those entries would have been a little difficult. I don't usually like to use market orders with my trading, although with TD Ameritrade I did because if I use the buy ask and I don't get filled then I have to go cancel the order and click it again and you know if you buy the ask right now. if I want to buy 2,000 shares, there's only 100 shares for sale at 21.

You see the one the two, you might not be able to buy 2,000 shares without getting a little bit of slippage. So Buy Ask really only works well on very thickly traded stocks and even then you can still end up having your order not fill. So what I wish you could do is actually type in like a traditional order entry window, which is what every other broker uses, even Etrade. But in any case, I know how do you guys use TV So you know it's it's not that you can't use it, you just have to be a little mindful of what you're You know what your kind of restrictions are just based on the the functioning, the way the platform functions.

So yes, so that was my my trades on Apop. CMT that one hit one of my scanners which was showing us that it was moving up very quickly that was in this area I jumped on the momentum on this God did it pretty high but we had a first one minute candle pull back right here from 56 up to a high of 86. I was in I think at 51 or right around there. So a nice 30 cent breakout which on 4,000 shares ended up being almost a thousand bucks AMC which I showed you already and see Lbs which was my worst trade of the day and a disappointing one because it was so incredibly weak.

Hit the hide a moment scanner squeezing up and when I first saw it I was like wow, this thing is is ripping up right now I wonder if there's news that just came out on it because this is a substantial squeeze so it all of a sudden rips up right here and I bought this little pullback long. at 250 it hits a high of 260 and then all of a sudden this candle it flashes down to 218. I was just kind of like alright, well that's it. So it popped back up right here and I stopped out before it actually flushed lower and it actually dropped all the way down to a low of a dollar ninety two.

So it popped from 210 to 260 back to 192. Very very weak. That's not something you like to see and that's a reminder to be really cautious on low volume stocks. and it's one of my notes that I leave to myself be careful on low volume stocks because they can really do a number on you and this was a close call.

It could have been a much worse loss, but in any case I did end up making that back through Apop and CMT so all's well. that ends well today. another Green Day 28th consecutive Green Day And hopefully for you guys who've been trading in the simulator or watching on the sidelines, you're able to make a little bit more sense of how I'm finding these stocks, where I'm getting in, where I'm getting out, how I'm managing my risk and you know it's it's all the pieces coming together. Ultimately, risk management, stock selection, understanding the patterns, and being able to capitalize on some of this irrational fear and greed in the market without falling victim to it.

It's a it's walking a tightrope and you know learning the trade isn't something obviously that happens overnight and only comes with a lot of experience. A lot of practice, but it's certainly it's very rewarding skill once you learn it. So I hope those of you guys watching a little bit from the sidelines will jump into one of our classes or check out some of the links that I have in the description which will help you as you're continuing to learn. and I will be switching gears here to do a warrior Pro mentor session.

So I'm gonna jump into the Warrior pro room and we will do some Q&A and then I'll be back at it Live tomorrow morning right around 9 a.m. for the watchlist and hopefully we see some some good trades. good opportunities on the Gap scanner. All right, So that's it for me.

I'm gonna switch over to Warrior Pro Room I'll see you guys in just a moment. Learn more about trading. Check out some build links in my description and if you have questions, ask them in the comments. I Personally respond at every question posted on my channel.

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