What's up, everyone? All right? Well here we are. Monday morning and day trades were hot this morning. Vru Veru stocks up 200 and I totally underestimated it. It was the fourth leading gapper this morning up 37.

It's a 64 million share float. It's got almost 200 million shares of volume. Right now I'm up just under 14 000 on it. That's a solid morning.

I'm impressed. Now I've got a stock I'm read on. So I'm finished the day at ten thousand dollars and I'm happy with that. I went red, got back to green, gave back some profit, then back up to the high a day, and that's my cue to exit.

So calling it a day there, I don't remind you as always that trading is risky. My results are not typical, and most beginner traders lose money. so I encourage you to trade in a simulator before you put real money on the line. And don't try to blindly follow me or anyone else.

During this recap, I'm gonna break down the trades on Vero. I'm gonna break down the trades on the other two stocks I traded at the end of the recap. I'm going to show you some live trades on Vr today and you're going to see why I stopped trading it Where I stopped. So I traded this one from my first entry at 8 up to 12 and I didn't trade it above 12 and I didn't trade it below eight.

so I kind of traded that window. But remember, one of the things I always say is that if you have a stock that goes up however much it goes up, you're never going to capture the whole move. You'll capture a piece of the move. But if a stock is going up 200 percent, a small piece of 200 percent is a much bigger move than a small piece of 2 or 3.

which is, you know, more typical how stocks move on any given day. So looking for those Big Momentum stocks? Now in this case, Although Vero was on one of the scans this morning, I sort of disregarded it because it was below the 200 moving average. I didn't think much of it. I underestimated it.

And then once it started to open up and really pull away, That's when I said you know what I'm going to step in and I'm going to take some trades. And how did I find at that point on my high day momentum scanner right there? So as it was squeezing up, I saw it. I couldn't miss it and I said all right. Finally, I'm going to jump in because this thing is moving and there's an opportunity here on a pullback.

So I traded it. I did okay on it. We'll break it down during the recap. As always, make sure you hit the subscribe button.

I'm doing the morning show right? so I'm going live right around 9am Monday through Friday, so hit the subscribe button that way. Get the notification when I go live you can join us for the morning show and I hope you enjoyed the video. You can hit the thumbs up too if you do and I'll see you first thing tomorrow morning for the morning show. All right, enjoy the recap.

All right everyone, So we'll go over the trades from this morning. A surprising Monday morning, completely underestimated. uh, what? ended up being our biggest momentum stock today? Veru V Ru currently up 155 percent, hit a high of 12 21, and you know it really is. It's only 11 30.

It's still fairly early, but um, I don't want to overstay my welcome the my last couple trades. Um, I'll I. So I'll end this recap by showing you the live uh. last two trades on Veru? Uh, so I'll do that in a second.

But let's go back to the beginning of the day. So today started as always. Monday morning, sitting down, looking at the Gap scanners and looking to see if there's something that was moving. Our Gap scanner had Hoth Hoth as the leading gapper up uh, 140 percent, 23 million share float and I really wasn't that interested in it.

You know you had this big move on it early, then consolidation and then it started to break out, but this move was on lighter volume and wasn't as big of a breakout and I just felt like you know what? I I just? I don't think it's gonna do a lot, I'm just gonna leave it alone and And I did. I left it alone. I didn't I didn't trade it at all. So uh, that ended up maybe costing me a little bit on this green candle, but then as the the day's gone on, it's just pulled back.

so that's hoth uh. The second leading gap for this morning was Gnca up 43 48 million share float a cheaper stock, left that alone. Then we had Ivda and you'll see I'm up 600 bucks on that. That was my first trade of the day and I bought this break of volume, weight, average price.

right Here it went up to a high of 25. There was a hidden seller on Arca at 25. It then broke through that level and went only to 31 and I sort of thought that was a problem that didn't rip higher after breaking through that hidden seller. So I got out and I was in at 19.

I think it was so not a big winner. but 600 bucks is fine. at the open. it came up a little bit more and then it kind of dropped hard and now you have this inverted head and shoulders.

So sort of the these two big um candles, a red one here and then the green one here. back up to its double top of uh, 360. so you know you. Maybe you could look at it over 360.

I think the reason it's probably up as much as it is right now is because um, of this big move on Viru which was our fourth leading gapper and which I completely underestimated and thought that it was. I had no interest in it. I was like, nope, don't like it, don't care about it. Why it was under the 200 moving average which was at seven dollars, the float was 64 million shares and typically these ones don't make big moves.

Typically that float is not where I'm going to see my biggest winner of the day, although that is the case today. Um, so this one is a bit of a anomaly that it went up as much as it did despite the flow being higher. But it did and we'll talk about that in a second. But my second trade of the day was Wbd.

All right. So Warner Brothers Discovery ipo and this one I jumped into this morning at about 25.70 So my entry, it squeezes up right here and I was like, okay, I see that. So I got in right here. I got in and not a second later it drops a dollar a share to 24.80 Now, I could have added an average down on it right there.

Um, I didn't. I was like, you know what, I'm only in with 3 000 shares. Let's just let's just let this. If it has to be a three thousand dollar loss, it's a three thousand dollar loss.

Let's not make it worse. you know the best trades they work right away and the worst trades do this. So let's not make it an even worse trade. It comes back up to 25.60 I didn't sell, I held and I finally sold.

I kid you not right here. My exit. Um, let me see. let me time this.

Um, so my exit on that trade was at um, well. 9 40 And so this candle was at 9 40 right here. Uh, it was actually at 9 40 and 20 seconds. So 9 40 in 20 seconds was literally right there.

I literally stopped out right there. Why? Well I stopped at 20 24 85 because I thought this was a little flat bottom and I was like if it breaks this and goes through the low, you know this thing might flush down and I don't want to get caught in that flush. I should just let it go. So I let it go and as soon as I stopped out, it pops right back up to 25.

Whatever. Then it goes up 25.50 and then it goes up to 25.79 and then it goes up to 26.20 And you know I mean it only cost me 3 600 bucks. It's not the end of the world and I had the discipline not to fomo back into it. I was just like, you know what that that was? That was lame.

Um, definitely a little bit of a trigger there and what I've done in other instances is foam mode back along and then it drops a second time and then you're livid. And I didn't want this to go from a six thousand three thousand dollar red day to six thousand to nine thousand to twelve thousand. So I just said, you know what if this was the one, it would have gone right away. It's not the one focus on something else.

So I totally put this one off my radar. I said, that's it. I'm not looking at it again and that was at 9 40. I didn't take another trade until 10 53 and that was on Veru.

So I didn't trade this until 10 53. Which was it as it broke. Um, eight dollars right there. I didn't trade, you know, as it came up to uh, seven dollars.

Uh, and this is kind of funny. It came. It comes up to seven bucks. What's this, Sj? Let's take a look.

Um, Sj Sj hitting the scanners. Don't know if there's news on it. I don't see anything populating yet. I'm just going to leave it alone for now.

Veru Climbing back up again. high was 12 21. Again though, you've got this red candle. You just have to be really careful.

Probably the smart decision is to size down on it so you don't. Um, you don't give back a ton of profit if you kind of screw it up here. So so on Viru. Um, I'm just going to mute my alerts here.

So as it started squeezing up, uh we'll look at the one minute chart. So as it started squeezing up here in this area I I sort of. I saw it right here and I was like yeah, I don't know, it's it's under the 200 moving average. Remember the 200's around seven dollars so I don't really want to buy it at 650.

I don't really think it's gonna do that much. and then in this candle, this is where it kind of to me started. It goes from 670 up to seven and I was like god dang it you know. Sure enough, the one that goes is the one that I've been like really pretty bearish on all day long and I'm sitting here down, you know, three thousand bucks.

I see it rip up to seven and I was like you know what? maybe I should short this off of seven and it is easy to borrow. So I got my order ready for five thousand shares at 6.95 and I was like I could start 6.95 and then add 710 10. I sort of had the order ready in my main account because of course my retirement account. I can't go short.

So I had the order ready in my main account and I was like well I don't know, I'm not sure you know how much am I even going to really make on this so I just left it alone. I looked away, focused on something else and I looked over to 7 10. I was like yeah, whatever, topping tail, that's a short, whatever And then I look back, I look over doing some other stuff and then I look back and it's at 7 45 and I was like wow, man, this thing is really going. uh and by the way, it's halting up.

Uh, it's at the halt up level right now at 12.88 so 172 million shares of volume. So halt it up there All right. So you know again, could you could have done a little long at 12.50 I I could. I could still be trading it, I just I'm I don't know, whatever.

So anyways, let's go over these trades here. So it goes up to 748, it pulls back a little bit, then it comes right back up. seven through four through 748 to 750 770 and then comes right back up here. But again, you can see how it's a little choppy and so as it broke this level here, I said, you know what, if it breaks through eight, I'm gonna take a starter and it broke through eight And that's where I took my first trade.

All right. So my entries at eight dollars, my stop is 790.. So I'm risking 10 cents on my first trade and it goes up to about 840 850. Uh, hits a high of 8.98 So right in there we got green, got green on the day and then we got a little pullback here.

I added of course for the break of 750. I added in this area for the break of nine, we hit a high of nine ten. Then we go up to nine. um 58.

We pull back. Now we've got some topping tails there up around nine fifty. and look at this. this thing comes back up.

Yeah, I agree. It is a little loud, comes back up and it rips through 950, goes up to 10. pulls back some topping tails up to 11.. halt, squeezes up to 12, pulls back and right in here on this candle.

I got long. I stopped out right here. I added back on this candle. sold as we went up to 12 21 and that I think was my last trade.

So I said I would show you my last trade. So let's look at that last trade. All right let's see. Um so this uh was my last trade on so it was halted up and um let's see.

So I take. I did a couple of dip trades first so let's look at this first. Now these are these are a little tricky, but um so this trade was a dip off the 20 moving average on the 10. Second added 88.

Instant execution. Looking for the pop through 11. take the profit off 1102. that's 13 cents on 1500 shares? It's 150 bucks.

Whatever. 100 170 bucks added back at 1106. then look at that big seller 200 000 share seller at 11. I hit the bid.

I was like no, that's no good hit the bid got out and then added back at 70. comes back up to 75 78. There's 80 sold half taking a little profit off the table. Not really a big trade on that.

Whatever, They're going to watch it come back up again. Hang on. I just want to check Vero. So Vero halt was at 12 88 and resumption is showing 1325 right now.

However, what happened on the last resumption? What happened on the last resumption on this, um, was this topping tail where it squeezed up to 12 and then dropped back down. So right there you've got 1288 and resumption is in one minute so we'll see what it does I'm interested to see. and then I'll show you the rest of Um, I'll show you the rest of the the trade that I took before. All right.

So Veru, where you going, Bud? All right? So Resumption here in 10 seconds. So let's watch Resumption Showing 1325 1337 There's 1350. There's a bit of a cell wall there at 13.50 Quick watch there. that's a quick opportunity over 13.50 Then profit would be 13.67 Your high.

This candle is 13.72 But look at that drop boy. So risky, right? So now the question is, uh, do you have that sell-off Does it base out and then does it curl back up like it did before? I don't know. That's a that's in 10 seconds and one candle just straight down? So your high is 13.72 It's hard to manage risk though when it's moving that much. Look at that.

back to 1375. that's like a heart attack. I mean if you were long and caught that full drop and then whoa, back up. Okay, you're out.

or did you add back? Now, are you looking for the break of 90 And then all of a sudden it's like uh, oh, I'm about to get squeezed or smoked on this thing if it drops, so you've got just a very extended stock, uh, volume is lighter on this candle right now. Right now the candle's red, but we'll see how it finishes. So 1391 is your high. It's up two hundred and twelve percent, but you can see even how the level two is jumping around.

You know it's 93 on the Ask: 94, then 83, 80, 79, 73, 75. So just made a new high and then came right back down. Now back to 60.. So you're getting those flushes.

Uh, and those you know those are hard and they really are. They're difficult. So now you know. it looks right here, like it could break back through 14 over 97, you know, but could be wrong.

And you could get that break. And then a quick, a quick flush. a five cent break, and then a 50 cent flush. So let me show you my last trade and then you'll see why.

I'm a little hesitant to take any more trades on it. So on my last trade here which was down around 1092 so I was kind of watching First Candle to make a new high and I added 1500 shares right there at 90.. And look at that instant 40 cents as it broke through 11. that's first one minute Candle making a new high and performing well.

Took the profit off at 31 a half and I was like that was A That was a pretty good trade. Now I'm thinking over um, 35 and 45. Are we gonna get that curl back to the high? So now I added back there took a little profit off. You can see how fast those trades are adding at 21, profit at 41.42 By the way, for those that are watching this recap later, you may be able to see the scalp trading class which should be uploaded or well, by the time this gets uploaded, that class will be live so you can check that out if you haven't already.

I'll put a link to it at the end of this video. So then I added back there. Six thousand shares at 46. for the breakthrough 1150 right? Two hot keys.

Pressed it twice so I'm in right there now. I took Um half off at 57 and another half off Now I'm holding 1600 shares of 46 and basically getting out of the rest. Kind of like flat. All right.

So the high that candle was 1163, moving the order added back at 67.. now I'm starting to think 75.85 for the squeeze through 12. right? So we've got 67. I'm in at 67 and starting to hesitate.

There's 75. Now I've got 4 500 shares. but we're seeing some red on the tape and now I'm down 1400 bucks, 1500 bucks. So now I'm in a little too high.

You know my average is 71. So now I'm averaging down at 37. Average is 58. Brought my average down, but usually when I average down, I don't want to let it go too much lower.

Now it's at 28. I added at 37. now to 16 11. added more at 23.

now I've got 10 000 shares at 11.48 right? This is averaging down. so I'm down 3000 bucks on it and I'm thinking all right I, I don't want to hold this below 11. and if I stop at 11, I'm gonna lose 10 000 shares, 4 800 bucks. So I put some profit Target orders out and then I'm like no, it's not going to work just in case it kind of pops up.

But no, get me out, break even a little bit stack there and so I end up cutting. uh the loss Here I add one more time and then I cut the loss at 11 12. I'm like you know it's really extended on the five-minute chart so you know I took like a three four thousand dollar loss on that trade. but then right here I notice bid stack at 1102 and I added back 6000 shares 1106.

I say you know what, let's see and watch this added at 25 or 27 added right there at 43 comes back up to 48 and I'm like you know what, take it off the table it's 50 cents just about so. made back the trade and then on this trade here added 9 000 shares there for the breakthrough 12 and just kind of barely got the profit before it started to stall out and this is where I say you know what? Let's start the size down. this is getting a little too risky and I really I just made back the four grand I lost. I don't want to do that again so I went from up uh ten thousand on the day, lost four grand.

so I was up only six thousand and then made back that four grand and got myself back to up ten thousand on the day you know. And so I didn't trade this last piece of the move and you could see how you could have traded and you could have made money or you could have traded it and you could have lost money. I mean you know, heck I lost money, I lost 4 000 bucks right in there And then I made it back and I said, you know what? I don't want to overstay my welcome so I'm grateful that I'm green. I didn't trade this the best that I possibly could have, but I got green those um, watching this recap on uh, Youtube.

What I think you should do is, um, check out let's see. So I'm gonna put um right up here in the corner. I'm going to put a link to the scalp trading class that I'm teaching today at 1 o'clock This recap isn't going to go live until later tonight. so check out that scalp trading class right there if you want to learn more about those quick entries and quick exits.

And I hope you're subscribed to the channel. I'll see you guys first thing tomorrow morning for the morning show. Remember, as always, trading is risky. My results are not typical, so take it slow and don't try to blindly follow me or anyone else.

practice in a simulator. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help. So please please please hit that subscribe you.