Okay, sorry about that. So we're gonna get started here. We're gonna break down the watch list for today. go over.

uh, what I'm looking at may take a couple trades depending on whether or not I see any opportunities. Uh, at the moment the leading gap is only 37, so it's not a really big gapper. I'm not sure if we're gonna have any, uh, super clean opportunities this morning, but it is still a little early. So uh, so that that's fine.

Reminder: Today at 1 Pm Eastern, I'm going to host a class right here on Youtube, so there's the link for that. So make sure you guys you can bookmark that link if you'd like and join us at 1pm. I will be teaching entries, timing your entries and exits while day trading, so that'll be the topic for 1 pm. that class will be probably an hour long, but I might let it go longer if there's a lot of questions.

and so anyways, uh, it'll be recorded on Youtube so it'll be saved on the youtube channel. Okay, so this morning our leading gappers plx. it's a 44 million share float. It's a little on the cheaper side.

I'm really not that interested in it. The second leading gap is Acer Acer. Uh, already. we've seen some fake bids.

A big hundred thousand share bid and another thirty fifty thousand share bid popped up. Uh, it squeezed up here. and then those bids were pulled and it dropped right back down below V. Wap.

But it didn't really sell off too hard, but it did pull back to the 20 moving average on the one minute. And because we're seeing those um, spoof orders, that's what is what they appear to be. It does make me a little concerned about trading it because it just it shows that something's going on and I don't know what it is. I don't know if someone's short and is you know, trying to, it's not on short sale restriction.

It's easy to borrow, so I don't know if someone's trying to short a big position or if someone is under water from. you know any of this previous price action and is trying to get more people to buy it so it goes back up. but I don't like seeing that so that makes me a little bit. uh, uninterested in it.

but you never know maybe it'll open up. So so that's Acer Spi. This one 17 million share float pre-market high at 4 a.m was it 4 17? It was from after hours Friday continuing Monday morning. not that interested.

Twitter it's got the Elon Musk News takes a nine percent stake. I don't like, uh, the stock so I don't really have any interest in it. Next one down, our cat, it's only 20 gainer, so you know you clearly see that we don't have anything super obvious right now. we don't have anything really looking phenomenal.

The S P 500 this morning is trending just a little higher, but nothing super exciting. So yeah, right now it's just kind of a sitting patiently and waiting for something to become obvious and present. A good opportunity so we could have breaking news this morning. That's always a possibility that would be that would be nice if we did.

That's something that breaks between now and 10 a.m and ends up giving us a great opportunity. I just don't know. I don't. you know? I mean it's Monday morning.

a higher likelihood of that happening today than on Friday. but uh, towards the end of the week? not as likely. But yeah, right now just looks a little bit like sitting tight, being patient and waiting for something to become obvious. So I'm almost inclined to just like close my my trading platform unless something pops up because I don't really want to get tempted on taking a small little base hit trade Because the problem is, if it doesn't have parabolic potential, if it doesn't have a lot of potential, the most it's going to go is even Acer.

even 10 would not be likely. You know, if it broke four, would it go to 440? Based on the current price action, it doesn't look like it would. So if the biggest move you're going to get is 10, you're only gonna get a small piece of that. So I'd rather wait for something that looks like it has potential to give us a you know, I don't know 30, 40, 50, 100 percent move.

That's going to be if something has news and starts moving fast. now. Initially, when Acer popped up, it did squeeze nicely from three dollars up to four and then it kind of ran into resistance. It went from three up to 380, pulled back, um, sort of a flat top at 380.

dropped down to 350 and then curled back up for an attempt at four hit four, couldn't break it and has pulled back since then. Sopa, uh yeah. we've you know traded before, but not sure right now. Acer is also easy to borrow for what it's worth.

but if it's not up a lot, it doesn't present Really a great short in my opinion either. It just doesn't have enough range right now. Stry the float's a bit higher on this one. It's a recent Spack that has merged, so you know you could look at it as sort of a recent ipo.

Ten dollars being the high, but I just don't know that it's going to do much. I don't know. I'll wait for more volume. So yeah, it's true.

with a free commission broker, you might feel like oh, I could take some stabs and stuff. You know, there's no commission. so what the heck, I'm still with Lightspeed. I have a Td Ameritrade account, but I'm not using it for, uh, trading right now.

Could we see a short squeeze on Acer since it's easy to borrow? I mean, sure, I suppose it is easy to borrow, so maybe. But the price action doesn't really look like doesn't really feel like that. Some Fda Breakthrough Therapy designation news, so I would need to see it squeezing up and moving quick. That's what I'm looking for is rate of change.

Something moving fast. And it can be something with high volume. It can be something with light volume. I just want to see something moving quickly.

That's what I look for, but I don't see anything right now that meets that criteria. It's about rate of change. so something moving up quickly. as a momentum trader.

Yeah, I mean, I get caught in false breakouts sometimes too. Uh, you know, I mean probably every time I have a losing trade In a way is a false breakout since I'm primarily breakout trading. But I suppose dipped trades. Um, you know, sometimes I'll take a dip trade and it goes lower and that happens too.

Uh, Lgvn, Yeah, it was. It was kind of grinding on Friday. It was a little tricky. you never know, but I I don't think it's obvious enough.

so you know I'd want to see something lighting up my scanners moving quickly, preferably a leading gap. Or but we can take a look at the continuation scanner just to kind of take a peek at some stocks that have made big moves in the last week or so. So Frge is at 28 bucks. So first, just looking at the daily chart right? so it's pulled back quite a bit.

Revb? yeah Nrsn still pulling back. Lll You know, Big Move squeezed on Friday from 355 up to 420. You know, moves like that squeezes like right into a halt and opens and goes higher. but then it came all the way back down.

Imte you know, still green. Slightly lighter volume Friday than on Thursday. So over the weekend I uploaded a March Month in review. I'll post that here.

so finished up 90 000 for the month of March. So there's March Month in review and last week. let's see. So that's right there.

So make sure you guys check that one out. March Month review. And then last week I had a video that I uploaded which I think you guys may enjoy as well. Let's see called the simplest day trading strategy for beginners.

And so if you watch that video then you would know exactly why I haven't taken the trade yet today. So you guys can check that one out as as well if you'd like. So the daily goal today would be about five thousand dollars. Looking at my metrics for the month of, uh, March, I was finding that I was averaging around, um, four thousand a day.

So four or five thousand dollar daily goal right now? It certainly is, uh, less than I was averaging last year at this time. But you know you got to be willing to adapt to the market and I'm happy to do that. So adjusting to the current market we're in, which means being a little bit more conservative trading. um, maybe just a little less actively.

If I don't see anything that looks good, it doesn't mean when something looks good, I still want to be aggressive. I'm happy to trade that with larger share size. by doing this. If I need to see something looking obvious, Well, it's about opportunities that fit within your strategy.

So a different trader with a different strategy might find opportunities on a day where I don't see anything. and I might find opportunities on a day where that trader wouldn't see anything. So you know, to a certain extent, it's uh, within the strategy that I trade. which is momentum.

I don't see anything that looks really obvious. Now you could say, well, well, hold up. Do you know Twitter's got some momentum? Yes, it. It certainly did at Six a.m And you know this is what we love to trade.

Those types of candles. Those green candles, you know. But then it's pulled back quite a bit. so now it's coming back up.

but it has to get back over the volume weight. average price. so this is probably not one that's going to be as good for quick breakout trades. Those who like to take those quick breakouts, uh, you know, a quick long of the break of a whole dollar quick profit add back at 48.50 quick profit at back at 49..

that's not the price action that you're probably gonna get on um, on this stock. I mean, again, I could be wrong. I certainly could be wrong. but that's my guess.

So it's coming up a little bit right now, you know? And that's based on the fact that the floats 600 million shares. It's easy to borrow. It's it's just. it's an institutional stock, institutionally traded and that creates choppiness.

You've got some of the best Algos in the world trying to trade and make money on these stocks. Um, you're also, uh, you know you're gonna have, uh, institutional traders who at various points, will just hit the hit the market button and cash out a 50 000 share block 100 000 share block stocks up 23 this morning. So you know you're in it. And then all of a sudden you know some guy sitting at his Wall Street desk punches the sell button for 200 000 shares.

It's a good drop. You know, on that order, the market makers are going to move out of the way it's going to drop. and now you're holding through a pullback and you're going to see that type of price action more frequently. Um, unfortunately, it's just the way it is, you know? I honestly think that I shouldn't have traded on Friday.

I did finish Friday up. Um, 2800 bucks or so. But the two trades I took, the two stocks I traded, they, they weren't that great. And both of them.

You know, either one of them individually could have cost me a three thousand dollar loss. Uh, and only gave me about fifteen hundred dollars of profit each. So the risk award ratio really wasn't that great. And you know, I'm lucky I didn't finish the day down four or five grand.

So today I'm kind of like, you know what, you kind of got lucky on Friday, you could easily finish the day down four or five grand. There wasn't anything that looked great and you probably shouldn't have traded. You should have been more patient. So this morning this is an opportunity to exercise that discipline.

You know, if I really don't see anything that looks that great, then you know I. I think that the right decision is to be patient. It's not what I like to do. I'd like to trade.

I like to be active. I'd like to make money today. you know. I came to sit down Monday morning to take some trades to make some money.

And so any day that's I'm not seeing those opportunities is naturally disappointing. But you know, the alternative On days like today when there isn't an obvious stock or leading gapper is trading setups that don't fit as well within my strategy. And then when I do that, my accuracy is lower, my profit loss ratio is worse, and I either don't make as much money, or I potentially set myself up to take a completely unnecessary loss. And that's what I don't want to do.

So you know for what it's worth, there's over 11 million dollars in gross profit trading momentum. You know? I know where I find the most success and I know where I get myself into trouble and have unnecessary losses. I've had a lot of them. There's a 240 000 loss right there.

The biggest loss I've ever had is bigger than the biggest winner I've ever had in my entire career. So I've gotten burned enough times to know that you know when I'm going outside my comfort zone. I better be real careful. This is a stock.

At 30 dollars a share, you know it's a higher priced stock. And those ones, while sometimes they can, you know produce some profit, they tend to be riskier. So as always, Uh, my results are not typical. I've been trading for a long time, so you shouldn't expect that you'll achieve a similar result.

To me, I would encourage you as a beginner trader to trade cautiously and put money in a simulator before you trade. The real money. My biggest loss from one trade was 204 thousand dollars. So the the hope right now is that, um, there's a a company out there that decides to put out a phenomenal Pr sometime between now and 10 a.m That's what I'm hoping for.

Will we get it? I don't know, but that's what I'm hoping for. So what made me not to sell the 240 000 loss? I bought 40 000 shares and I got caught in a halt down. It gapped lower and I lost four points. Four dollars a share? Uh, there.

Just actually. no. What was it for? Um, must have been five dollars a share. Anyways, it was.

You know it was a good size loss. Um, and so yeah, four times four would be sixteen hundred sixty. Yeah, I managed to lose 240. So maybe I averaged down on it too.

I I don't even really remember. but uh, but I took a good size loss on it. And it was because I got caught in a halt down it. Then I don't remember if it halted down.

It might have even halted down twice. I mean, it was brutal, so you know. I mean I took way too much chair size on that thing is if it had broken that 30 dollar level. I think I was looking for a squeeze into a haul up.

So you know, maybe maybe it would have gone up two points. You know, 32 to 33 ish into a hauled up 32.50 I would have taken profit off the table. Maybe I would have been up 50 000 on it. I might have added back on resumption, but I wouldn't have made five hundred grand.

No way. it just wouldn't have happened. So the risk reward ratio is not good on that trade. But anyways, you know it's it's all good.

Um, that was over a year ago and yeah, at this point, uh, it's the water under the bridge. So we've got about three and a half minutes to the opening bell and at this point I am still not seeing anything that I'm in love with. So I'm gonna sit here patiently and wait to see if something pops up. uh, and hits my high day momo scanner and has news.

So my high day momo scanners right here. So this is running all day long. you know, from early early, you know, until after hours just running all day long. So waiting for something to hit that scanner, then I can do my due diligence, take a look at it, decide whether or not I like it, and if I like it.

it's moving quick, I'll buy it, and if not, then I'll just let that idea go by. I'll say nah, that one couldn't trade it like I didn't trade Ac, er, Acer and wait for the next one. So again, uh for those on Youtube. I'll be back.

Live streaming at 1 pm. So we'll trade here for um, Warrior Pro members, Warrior trading and then stick around. I'll do my if I if I take trades today I'll do a recap. If I don't take any trades I don't know if I'll do a recap but anyways, I'll decide that in a little bit and then I'll uh, take a lunch break and we'll come back here at one o'clock for a free class right here on Youtube on timing entries and exits while trading.

I've got a bunch of live trading examples that I'll show you and I'll give you guys links to download some live trading archives. So if you guys decide you want to download those, you can download them. I'm doing some special stuff on Youtube this month because this is our anniversary month. It's been, um, now what was what was it? Um, 2013 when I created the channel.

But I think it was 2015 that I uploaded our most popular video which now has almost 10 million views And it was uh, 2014 when uh, I opened Warrior Trading as a membership community. It had been a blog before that. but uh, so this is kind of an exciting time of year and I want to do something special and give back a little bit to the Youtube community. So thanks for uh, Warrior Traders being um, supportive of uh, us doing that and during the broadcast I will be donating Uh for every thumbs up we get.

I'm gonna donate a dollar for um, humanitarian causes in Ukraine and for every share. I'm gonna donate two dollars. So if we get uh, a hundred thousand likes and shares, I will donate. Uh well.

combined a hundred thousand dollars for the likes and whatever we get for the shares. That'll be over the life of the video, not just during the live event. So I will step up to the plate and you can. You can donate money through me just by hitting the thumbs up.

So you know I mean realistically, some of the videos that perform well. maybe they'll have 10 thumbs up. So if they got 100 000 views, they'll have 10 000 thumbs up. So that's probably what I'll end up uh, donating.

But I'm going to do some things like that through the month of April, so this won't be the only one. All right. So here's the opening bell. I'm gonna, uh, end the broadcast on Youtube, but come back at 1pm for the uh, the free class and I'll just give you the link one more time to that free class just so you have it handy.

But if you didn't already, check out a couple of the other videos those on Youtube while you're hanging out waiting for the class. Later, you can check out March Month in review if you'd like. There I am again and here's the link for 1 Pm. Okay, all right.

Trade smart, manage risk Youtube folks, We'll see you at 1pm. You.