What's up you guys? Alright, well today is the 36 consecutive green day for me. I'm up right around $10,000 which is a great day but I started my first trade out of the gates was on X TNT off the gap scam leading gapper and that stuff opened up 300% It squeezed from 280, 290, 3, 310, 320, 330, 340, 350 then halted going down and opened at 2 dollars and 30 cents which is one of the biggest gaps going down on a halt that I've seen not including Phe when yesterday but PE Phu and yesterday made sense. After 9 halts going up this had to alts going up, it wasn't up crazy crazy and so I was really shocked and I was holding 8,000 shares long while it dropped. So when it opened I was down with 8,000 shares.

it then bounced off of $2 I was still holding and on that trade I added I don't know was around 2:15 or something like that and it curled back up to like 2:45 It still ended up being a loss, but I was able to soften the blow a little bit now. I usually don't like doing that but in this case right out of the gates I had bought 12 thousand shares, I then added to 16,000 going up as it squeezed to 350 and I sold half for profit. So basically I went from 16,000 down to 8,000 then on that dip big dip I added back to full size brought my bet my average down to 650 or 252 and as it came back up I got back out. So we'll go over the live recording of that trade.

It was a sloppy one and I I felt really frustrated just because you know it felt irrational. It was a rationally weak why is this stock dropping this much? It doesn't make sense, but it did. so you know that's that's the way it goes sometimes. But fortunately we did up some great momentum on serve about 85% gain on the day and that's where I made the bulk of my money.

So we'll talk about serf we'll talk about Ex CNT and as always questions comments: leave them down below. we back at it tomorrow Friday Last day before the long weekend so hopefully I can finish up with one more green day before we go into the long weekend. So alright, that's it for me. Enjoy the recap questions comments leaving below.

See you guys first thing tomorrow! All right everyone! So we're gonna do our recap for today as I sit here right now I am just I I feel so crabby I feel so frustrated I'm I'm just I'm not in a great mood I'm I'm really XT NT was like the biggest slap in the face that I've had in a while and it I'm just. it's one of these things where I'm like looking at this stock which was on my watch list this morning. it was the leading gapper. This was a gap and go set up.

as you can see. Now if this had news of a secondary offering at $2 I'd be like okay I understand why it why it did this but in it didn't have a secondary offer, it didn't have anything like that. And the catalyst that we were trading on this was A There was a headline that this investment firm took a seventy seven percent stake of the company. so they have to file this disclosure that they've taken form for this large stake.

So that was filed and that was the catalyst and it started squeezing up. Actually I believe it was after hours on the news of that filing and it squeezed from 77 cents or so up to a dollar pre-market up to a dollar fifty two dollars. And before the bell was ringing, it was actually looking pretty good. It was the leading gap or in the entire market up two hundred and wealth actually gapping up three hundred and eleven percent.

Now no doubt we've We've seen some huge gap errs in the past, we've seen stocks gapping up, you know, two hundred, three hundred percent and they still go even further. So just because it was up three hundred percent didn't mean that I was like oh, this is up too much I can't trade it I Still was looking at that and thinking this this has some potential so my game plan on it was to be aggressive on the Gap and go trade now yesterday. As you might recall, we had pH un-fun with the pH and this stock did one of the most ridiculous and impressive Gap and Go trades that I've seen in a long time. the stock broke a dollar and five cents and ripped up to three dollars on nine halts going up.

Alright, so that was I was an insane move. Now on the first halt coming back down, it did Gap. As you can see, it halted going down at about two eighty five and it opened it to twenty and then came all the way down to a dollar sixty and then it offered a bounce trade off the low. It didn't shock me that that one opened substantially lower it is and we talked about this certainly in the classes the pattern in small cap stocks that when they hauled multiple times in a row going up that when they when they had their first haul going down, it's almost always a short because they gap lower so that wasn't a shock.

What was a shock to me this morning was that ex TNT did that after only two halts going up, we've I've traded two halts in a row going up like a thousand times and I've never had one. In my memory of this price range and this level of volume do something like this. Sometimes on a really thinly traded stock, you may see something like this and that's because there's not a lot of buyers, but this pre market had. let's see: I can run this for pre market.

So I use a historical dig in time of 9:25 a.m. pre market. this thing had like eight million shares of volume. Seven, seven point five million shares.

This thing had a lot of volume and as soon as the bell rang I was like alright here we go. I'm jumping in so let's let's take a look at my trade. this was this is kind of a it's sort of an epic day because I it's it's actually I mean it's impressive that I'm green despite this ridiculous slap face I'm actually only down 16 on her bucks on it. But you know, as you'll see, I was up quite a bit.

So we're coming into the open right here and X TNT gapping up 300% I'm looking at and I'm like this thing looks. You know this thing looks good I'm excited I Feel like we're gonna have another big momentum stock I Didn't think it was gonna halt as quickly as it did I was thinking we would get a squeeze up higher but as soon as I saw that green on the tape I was like yep, Amin so I punch it boom boom boom and I'm in 12,000 shares At 77, we've got eight million shares of volume I Didn't even see the halt level at 290? I it was I mean we're three seconds in. So at this point three seconds into the day, this is where my eyeball is. My right eyeball is looking at this, my left eyeball is looking at that.

Sometimes you guys know my eyes cross. So I've got one eye here I've got the other one here and I'm just seeing the tape right here. So I'm like alright, this thing looks, this thing looks bullish and granted, stepping up to the plate with 12,000 shares is some you know, big share size. Having said that, you know, let's look at where I sit here on.

This is where I sit on the month. as of yesterday, a hundred and thirty-eight thousand dollars on the month. We can just look at the last week. You know this.

Monday I made 5,000 Tuesday I made 47,000 yesterday I made 9,000 That last loss. So I feel like I'm pretty hot right now and this is the time You know If there was ever a time to come into the morning being aggressive, it would be it would be right now. So given that this was opening near the pre-market high, it was the leading gapper and it looked so obvious I was like this is the one that's that's gonna go So I'm 112 thousand shares and this is ends up squeezing right into a halt and I'm like well, are you serious okay I wasn't expecting that but but alright, the salted I mean okay, that's actually probably a good thing and now I'm thinking wow, I wonder if this is gonna be like pH UN yesterday because what's gonna happen is it's gonna open from this hall. it's gonna gap higher I don't think it's gonna squeeze so it ends up being halted for I don't remember how long, like five minutes or something.

So I have a couple traits here. So here's the resumption. So the whole time, how do I know when it's going to resume? This is a question that you guys sometimes ask me and again I would generally speaking direct you into the classes I've got. this is I mean obviously this is what we teach, but I've been going through these pretty extensively over the last couple weeks.

As I'm getting ready for summer school, we're getting ready to crack 1,000 slides on my small-cap course. The small-cap course comes after the starter, so let's see. We talked about the circuit breaker halts in the the level 2 chapter. So in any case, and we also talked about buying into a default.

so I know this was tell someone, tell me when this is going to resume. it should resume. Oh actually sorry I don't have the right I've got to put this on the highlighted level too I was watching him Why? OS Okay, so this should resume in approximately five minutes from that time, which would be nine thirty five and twenty seconds. It's a 10-minute long halt, so should be 9:40 and 20 seconds to the to the second.

Sometimes it's off by five or ten seconds, but it's usually pretty close. Alright, so here it is and I already had an order by 301 but it didn't go that low. I thought maybe you would open it would dip and pick up my order and then rip. but it didn't So I just go shift one shift one and I am now along sixteen thousand shares into the hall and I'm up guys.

$6,500 This is where it. This is where it hurts for me because now I'm I'm feeling like frustrated so surf some nice action there. I'm not gonna cover that one at the moment. we'll just focus on X TNT So here's X TNT on the resumption.

Okay so here's the resumption now: I was kind of like okay, maybe I'll I Knew we had daily resistance up here at the half dollar. so I was like alright, you know, half dollar resistance. That's the next halt level right now I'm like okay, this looks good. it looks like it's about to halt, but then I'm like wait a second you know it's a it's a pretty massive spread.

so I put in order to sell one cent below the ask I'm like I'm just gonna try to see if I can you know get out of a little bit. It's kind of hesitating here I put the order 49 no fill I put an order at 37 to hit the bed and it's gonna halt going down at 33 and all of a sudden I'm like oh my god or now it's at 19 I'm like woah what's half of this happened very fast very very fast. so for a second there I was up 8,000 bucks on the stock for a second and here was the thing I was I was saying I was like all right I was like I don't want to be greedy and not take profit which is why I tried to sell half but the same time yesterday I was in pH UN I had a good entry on it at a dollar thirty the thing ripped to three bucks and you know I I made some money on it in that in this move but I had sold the whole thing by like a dollar 70 and then I think kept going so that was a part of me that was like hey you know what if this thing wants to be like crazy I don't want to stand in its way maybe I should just maybe I should let it ride I'll set my stop it break even you know let it ride and then I said well you know make let's let's try to sell half let's take a little profit if I see weakness if I see a reason to sell. So I put my order out to sell half thank goodness and then all of a sudden I'm in a halt going down which I didn't expect because it happened really fast I put the order out at 49 and then I hit the bid at 35 and then I'm giving it a second I'm like, okay, let's just see what this does to see if it pops back up and all of a sudden 220 and just like that, there's no chance it's halting going down I can't get out I I put the order I said but it doesn't go through I can't get out Talton Going down the stock is then halted for like 25 minutes.

So in it and this is this is where it's really painful. So it's halted. Halted Halted. Halted.

And here's resumption. Sorry, so we're looking for resumption on this: I Have my mouse here I then bring my mouse I think somewhere else and I'm like its immediately halted and I'm like you gotta be kidding me like like screw this stuff, this is crazy. Are you kidding me? From 352 to 34, this has 10 million shares of all and how's that even possible? How is even possible Then it gapped down that much like I'm bewildered I am just genuinely shocked I can't even believe it now I'm like wow I'm gonna get smote I'm gonna get smoked on this trade I mean I'm still holding 8,000 shares at 289 and now I'm down $4,000 into a halt going down now I do in a certain point check to see what my P&L looks like and this is where I kind of go into I was like this is where I went into the matrix I was like alright I'll put on my matrix glasses and I was like alright I now I've got where where am I had on the day $7000 hmm okay my heart stopped on this is a dollar, eighty nine and eight thousand dollar loss I'm like if it, if it I'm done thinking I might actually lose eight thousand bucks on this which would put me down thirteen hundred on the day now. yesterday was my 35th consecutive Green Day so I was like all I really need to do is make like two grand and if I can make two grand, I'll probably end up at least being able to close today.

Green I'm not gonna be I'm still gonna be pissed about this ex TNT trade and upset about it but I'm just gonna at least if I could preserve the green streak I can at least walk away with that. That's that's the least I can I can do today So this was about 10, 2010 18. At this point, Surf was up 68 percent at six dollars and sixty cents with about 7.5 million shares of volume. So I was already up 3400 on Surf.

I had a little bit of profit on it I had some profit on SMC A which I actually see right now is there is it Got my chart SMC a did end up coming back up so and and my thought on XT NT was that okay What I'm probably gonna do is I'm probably gonna try to buy the dip but I was also like you know, might hot like this. It just resumed and halted right here. So I'm like where's that where is it gonna open right? It's halted going down now 234 going down, it's gonna open lower So but at the same time this opened down here to dollar 60 and then squeezed back up to 2 bucks and then back here at 2:20 So my mind said is I'm not gonna sell this number 1 I wouldn't have had a chance to sell it right there. it opened and halted immediately.

There was no chance to sell it and this was I was basing I was basing this a little bit on basing the trade on X TNT on what happened yesterday Mph. Um, that's why we're looking at that chart. So on X TNT I You know this is this was where it was halted going down and this is where it was IND and it did bounce back up as you can see and so I was like okay, well I'm holding 8,000 shares you know I don't want to make a bad situation worse by averaging down at the same time this should bounce off the low. So let's just for a second pretend that I'm not in this trade and actually on pH UN I kind of did the same thing on pH UN I was like, well I wasn't in it up when it halted going down at 285 thank goodness.

But I was like okay, well I'm not in it. but what's my bias? Well I want to buy the dip I want to buy the dip and I was looking at it here but it didn't bounce and then down here is where I did buy end up buying a dip So I was like even though I'm even if I wasn't in it I would still be thinking long bias now I happened to be in it you know, which is obviously not not great. but it doesn't change the fact that it's still a dip opportunity. So I was like what's my max share size on this and how do I manage my risk if I do buy on a dip and I was like well, the rule is you know if I add my stop is at the low of the pullback so that basically was where I add it down here with a hard stop at 99.

So but in the meantime I started aggressively trading Surf and Surf is the one that I'm up $11,500 on and I actually gave back some profit off the top I was going I was being very very aggressive on it and this you know ended up halting here at 53. The resumption it squeezed up to a high of seven I Did you know you can see here some dip trades? I Bought at 36 so let's let's just take a look at that trade. So right here I Kind of expected this one. This one halted this morning at 5:50 and then opened low and drop to 5.

So when it halted here I was like none. and I'm buying the dip. so I'm looking for it to dip and right here. hand on the Buy button.

Boom Boom Boom I Just bought 4,500 shares at 39 now I'm gonna add I just added seven thousand shares I'm looking for the break of 7 I sold now I'm gonna get back in on the next dip. it had a little resistance there. so I took my profit orders at 7 BOTS Looking for the break of 7 back out looking for the next dip orders at 7 watching it's holding the 50 a half-dollar I'm looking put the order 29 in case it drops back down towards this level. Down here, it didn't drop as far as I thought it might.

Mmm. Now we've got 46 on the bed, 37 on the bed watching now. So at that point I was up now seven thousand on surf. So I just doubled my profit on that trade.

New orders at seven I'm looking for the One Minute candle. Basically this pullback here. volumes coming in. lots of green.

I Wanted to buy the dip, but at this point it seems like it's just ripping. I'm looking for the break back over seven I'm in 2000 shares small size 85 I'm a little early. Whoa. Popped up there surprised, just took my profit I didn't expect it to pop like that.

Now it's up to 34. I'm gonna wait for pullbacks and let's see where's our next good pullback. That was basically a break-even trade. Okay, so now we're back to X TNT So now X TNT is gonna resume here.

I'm waiting for the resumption on X TNT I'm still watching surf. So here we just tapped two dollars on the bid and now we're seeing some green coming through. So this is where I'm like, okay it's a long so I put the buy order I'm getting partial fill and now I've got 13,000 shares long. Brought my cost basis down to 261 from 289.

so drop down my cost basis. Surf! Watching this here for the break through the highs. This is a dip trade. I'm in a 19 looking for this to pop over 750? They're 732.

This is a 1-minute pullback right here looking at the 750 spot. 735 I added looking for that to break over. there's 750 20,000 shares seller and I don't like that. So I sell it and I'm out.

So there was another couple thousand dollars of profit. Just bought this dip. bounce off Seven so it comes down to seven right here. Orders still at 7.50 Boom I Just bought seven, bought that dip looking for it to pop back up.

There's 7:15 7:10 7, 719, 718 710 719 Stopped out flat, didn't end up ripping back to the highs. so a bunch of trades on that one just kept aggressively trading it. Buying Burbine Dips spying breakouts now X TNT is going to resume right here. It squeezes up as you can see 32 33 and on this one I Sold half at let's see.

Hold on, let me pull this back. So we kind of had. Oh wait, where was this I sold. So let's watch this resumption here on X TNT So it's about to resume.

I've got my order to add again looking for a pop back up towards 750? I'm down 6,000 bucks on it at the moment I add it again. My new cost basis now is 252. We're coming into another Hall going up which is good and then on this one I sold half at 231 cuz I was like you know what? This is what? this one's halting so fast. Just eat this.

although it sucks to book half that loss at the same time. I was in pretty big size at that point and this is managing the risk, managing the loss. More trades on Surf. More trades on Surf X TNT is I'm waiting for it to resume.

There's the resumption and it ends up kind of annoying because it hits presumptions gonna be in about three seconds three, two one. there we go and I had an order of 49 which I cancelled and then all of a sudden here it's about to halt going down. I try to press control and I'm already not getting filled I'm like dang it. So on the resumption from that, I ended up taking the loss as it broke I don't know I was like 205 or something like that.

it did. It dipped down again here. I ended up buying for the bounce-off of two. It popped up to eleven so I was in it to twelve to sixteen there's two I was looking for 220.

It didn't end up halting going back up. It did come back up towards 218 and I took some of it off the table. Let's see where this was so it's coming back up here. there's to 12 to 15.

I was like yes, good, good good. now we're gonna halt I put on an order to sell it doesn't fill I try to put out another order it doesn't fill. looks like I added it Oh eight partial fill at 12 or whatever that was. big seller there and I was like now I'm just gonna cut the loss so that's where I set up $10,000 on the day I mitigated the loss pretty well on X TNT If I hadn't taken profit on half my position up here, well then I would have been holding 16,000 shares or whatever it was going down and down here.

I would have been down like 10,000 bucks and with 16,000 shares I don't know that I would have felt comfortable I can't I'm not gonna double to 32,000 and bring my cost basis down to here because then if it flushes a second time or news comes out all of a sudden, I could be looking at a really really big loss. So you know today was a day where I tried to kind of step up to the plate and take a big trade on. X TNT I am thankful I took half off the table. but I'm also just I mean I'm just really kind of like I'm ashamed of this stock and it should be ashamed of itself for halting going down at 3:20 and then opening and coming all the way down to here.

This doesn't make sense to me, it really doesn't I am just kind of beside myself that that dropped that much at that time. I mean again. I It's not that it wasn't up quite a bit here from 240. This was a nice move up.

You know it's just I haven't seen that type of drop on a stock with this level of volume before At this at this kind of place, it just really surprised surprises me. And I think that that you know is one of those things to be mindful of is how the stuff. how the market can be irrationally week or irrationally strong. Yesterday Phe when I was probably equally shocked to see it halt nine times in a row going up.

I mean this: I've seen I've seen some crazy things but this was this was nuts and it didn't shock me that this halted going down and opened a lot lower that that was literally up 300% in that one leg. So 300% in a leg up and it gave back half the move. Not surprised X TNT You know I mean this was a high-volume move up and into, you know, one hall, a second hall. I Thought maybe I thought it was gonna go higher I thought it would go to halt 350 up towards four and then it wouldn't have shocked me if it halted coming down back to three.

You know that giving back half of it, it's just the sort of position here of going to 350 and then coming all the way back down to here being below the V weapon. it really surprises me. So you know today is my 36 consecutive Green Day thanks 100% to serve Certainly know thanks to X TNT which you know is a bummer because I was up $8,000 unrealized on it at one point and I'm down 1600 on it you know I didn't take enough of it off the table and I was going for that big kind of trade and you know? it's one of these things that in in the workshop I talked about. Don't swing for homeruns, Don't swing for homeruns.

just take those base hits because you know sometimes when you swing for a home run, like if I was still holding that full 16 thousand shares or I had added to like 30,000 and then it did that, that would be great. That would be really really bad. and that's what sometimes happens when you swing for homeruns. This was my version of swinging for a home run.

Big size, but thankfully still selling half. It's just yeah. I I Think on the on the one hand, don't swing for homeruns, but then on the other hand, when the market is as hot as it's been the last few weeks, it feels like a disservice not to hold for a bigger move. right? If there was ever a time to take those bigger trades and to step up to the plate, this would have to be it, right? I mean a month where I'm up 138 now 148 thousand dollars? This is the month to be stepping up.

I Mean everything. Everything is working. Granted, when you're on a 35 day hot streak, you know you know it's like, inevitably, I'm coming up on a red day and there's a much higher likelihood that I have a red day then I have another 35 green days. You know that's so I am coming up I am due for a red day but the markets been really high I haven't really seen any indication right now.

The last two days that were close calls were last Friday and Tuesday the 12th. Those two days were close calls. This day was was a bit of a close call and this day was a little bit of a close call. So you know, as we're looking tomorrow at Friday this may be a day where I have to be a little careful.

We'll see. you know today will be ten thousand which is good. So I'm happy with that. and tomorrow if I could just finish green going into the long weekend because of Memorial Day then that would be really good, right? So we've got the long weekend here in Stock Market Holidays 2020.

so Memorial Day Monday May 25th market is closed so we'll have a long weekend which is which is nice. but the Friday before a long weekend expectations for tomorrow should probably be a little lower. and if I can grab a couple trays out of the gates, make a little money I'll be happy with that. but yeah and and yeah, you're you know $200,000 a month I've had I've had two hundred thirty-one thousand dollars since my last red day.

but right here in In May I'm up a hundred and thirty-eight so well now 148 today so I would need I would need another fifty thousand dollars in profits but you know I mean six days left? ten thousand a day? Who knows? a 60 grand right there. But I don't want to set that as my daily goal. That's that's gonna be setting the bar too high. and then if I'm up seven thousand, I'll be disappointed that I'm not up ten.

that's silly. so you know we'll just let this month be what it is. It's right now the best month that I've ever had in my career. I've also had the best day I've ever had in my career which was Tuesday the 19th of 47 thousand in profit on 53 trades and I and fortunate today that we had momentum on other stocks because it would have been hard if I didn't have that trade.

You know it. I Actually I guess I would still be green because I was up 3,000 on that stock before this. but if I didn't have this trade at all, I would be red on the day and you know I don't know that I would have a chance to really make it back because although we've seen a little bit of momentum on SN CA and a little bit on a few others, you know it's it's been sort of minor. Ryan Yeah so I had I have had a couple other hot streaks so well in November I think 2017 I had one day where I made thirty three thousand and the next day I made forty thousand.

so in two days there I made seventy three thousand dollars and I can't remember May or something of 2018 maybe I don't remember what it was I had one day where I made 26 thousand and the next day I made like another 26,000 or 28,000 So I made about 55 56 thousand in two days I was and I think that's part of why I was being more aggressive yesterday and maybe even today. and just the fact that typically when I have a really really good day, it's a reflection of an incredibly hot market and it's not uncommon for me to have two really good days back-to-back or very close together. So yesterday I tried to step up to the plate and I was up 17,000 and then I you know I ended up giving back half of it and finishing up only 9. I was I was I was stepping up and trying to take some big trades today I was up I think at the most maybe twelve thousand or maybe fourteen before I cut the loss on this one but that I knew I was gonna cut a loss on So yeah, I don't know but it's it's definitely been a wild week and the market has been absolutely insane and ex TNT was I guess no exception to that.

It was just one that I had a little bit of a hard time with and I had a hard time yesterday with pH UN So those obvious gap are usually I do really well on. but today and yesterday I've actually struggled a bit on so it's kind of pointing but it's fine. So anyways, we're just which gears here. Warrior Pro Students: I'm gonna open up the Warrior Pro Room and we're gonna do our mentor session here.

We're gonna do QA talk a little bit more about today's trades and I'll just answer general questions that you guys have the classes and I agree with you. Scott I think tomorrow if I can just get on base and then throw down you know, a small green day and thirty seventh consecutive green day. That's all I need to go into the weekend feeling good the last thing I want going into a long weekend as a red day so I just got to kind of make that sticky note for myself and I'm gonna do it I'm gonna say go slow you know Friday before holiday and I'll stick that right up here so there'll be no way I can't see it tomorrow when I come and sit down in front of my computer. Alright you guys so that's it for me for right now for the live stream here and the recap.

Thank you guys for tuning in and we're gonna switch gears and jump over to the Warrior Pro room and do our Q&A session. Hey did you know every morning I go live to stream a pre market watch list. Subscribe to the channel, press the alert button and you'll get the notifications. If you want to learn more about trading, check out the links in the description and if you have questions, post them in the comments because I personally respond to every comment post on my channel.