So what's up everyone? All right? So uh, we're gonna go over the trades from this week. This was a pretty wild week and those you guys who were tuned in every day. We had some phenomenal momentum this week. It was really, um, great.

So I finished the week up 68, 198.97 in five days. That's a daily average of thirteen thousand, six hundred, thirty nine dollars, and seventy nine cents per day. So this was a great start to the month of August. It couldn't have been much better.

Uh, with the exception of if I had gotten filled on the trade that I took on Friday, I would have made an extra hundred thousand dollars, so that would have been really nice. But I didn't get filled on my order and the stock went without me and I didn't chase it. We'll talk about that one during the recap. I bought and got filled two shares at 55 dollars a share and it hit a high of over 200 bucks.

Pretty crazy. So um, reminder. As always before we jump in here, these results are not typical my experience. trading has not been typical.

Trading is in fact risky, so make sure you take it slow and practice in a simulator before you put real money on the line. One things I've been saying for the last um, several months is that it's a really great idea to be practicing during a Bear Market. It's not the best time to expect to be doing really, really well, but if you can set a solid foundation and you can spend that time bear Market, uh, period of time practicing the strategies you're learning in a simulator, then by the time you're ready to flip the switch, hopefully stronger markets will be here for you. And this week has been the strongest market that we've had in a while.

So I want to talk a little bit about where this sort of surge in momentum came from. And you know what my expectation is for sort of how long I think it'll last? Those of you guys tuning in Live. We've got about 300 people live right now. Thank you for tuning in.

Uh, this week I missed my Thankful Thursday donation. My typical Thankful Thursday donation. So every one of you guys that hits the thumbs up, I'll donate a dollar to charity on your behalf and everyone that hits the share button and shares this episode. I will donate two dollars.

so each one of you right now have the potential to donate three dollars total to charity through me. All right. So that would give us, uh, 900 bucks right now if everyone does it, which would be fantastic. I'm happy to pay it forward, but I appreciate you guys helping me grow this channel.

Okay, so uh, why don't we rewind a little bit? We can look. Well, let's do first. just a quick look at a couple of the stocks from this week. Um, we had uh, en Vb and let's take some notes here.

I'm gonna jump on, um, my whiteboard. so you guys should be able to see this here. So um, a couple of notes. Recent ipos? All right.

Recent ipos and recent reverse splits. These were two really popular setups this week. So if we look right now at Envb, this one was a recent reverse split. 50-1 recent reverse split.

You can see right here we had Qnrx Q1 Rx. This stock goes from a low of five dollars all the way up to 28 bucks. Recent reverse split. I'll clear out those charts we had earlier in the week.

Hkd recent ipo. All right, this thing went crazy. This definitely created a big sort of wave of sympathy. Momentum: This is like, you know, a rising tide that lifts all ships.

This thing got the tide rolling in real fast. with this kind of move. I mean, it was pretty wild. So, and that was right on the heels of Pg Pgy from last week.

So I think the most helpful way to kind of look at this is to start with Pgy because this kind of began the last. um, sort of this current round of momentum. So if I look at the month of uh, June here, or July in my metrics, what we'll see is that the last two weeks of July were pretty good. In fact, I only had two red days in July, which if we look at the calendar back here, let's see.

and let's go to June. Um, since June. and you've got to be really careful doing this because this is a really quick way to jinx yourself. But since June, my, uh, consistency has been pretty good.

I've had five red days in the last uh, since June 1st, so I guess I you could say I'm probably due for a red day. I should be a little cautious on Monday or Tuesday, but at the same time in the last 30 days I've only had two red days, so the market is feeling a little bit better. I was taking it really slow and steady. in July had a couple red days, but they're a really small rally back in the last two weeks and um, this day here was solid.

So this was where, uh, on the last, let's see. Friday the 22nd finished up ten thousand bucks, just really strong momentum and that was on, uh, Pgy. So that was the tenth, which was oh, sorry, the 22nd which was this day right here. All right.

So this kind of got things started in the last week of July. First, we had this pop here, which for those of you guys that were tuned in at this time on Pgy and we can go back on the five-minute chart and look at it. you know. I honestly had fairly low expectations of Pgy when it first popped up.

On this day, I was like, i don't know guys, you know it's been a pretty cold, uh, month and so this was on the 20th, but this thing squeezes up into a halt at 390. If you recall, it opens higher. Big rejection candle. That's a shooting star.

It has that upper candle wick so you know on the white board this looks like you know this is a shooting star like this. What does shooting stars do? They don't go up, they come down and so the shooting star is an indicator of a reversal. It's not a guarantee, but it's a pretty high indicator and in this case we certainly. I thought it was pretty bearish.

The combination of the candlestick pattern and the high red volume bar, it ends up ripping back to 560, dropping back here to 451, popping back up to 588, dipping back down, going to 620, and I was like, i don't know guys, it's 10 30. this was on July 20th and I sort of said, you know what? I don't think it's worth me taking the risk on. I was only up 1800 bucks and I felt like, you know what? This is another small, respectable green day. There's no reason to push it.

Well, you know you fast forward the chart a little bit and you see that this thing rallied into the close up to a high of 8 15.. But it did reverse and so it kind of left me the next day thinking, huh? It's definitely interesting. It could be a continuation setup, but you know, if you think about it, it made this big squeeze and then came like all the way back down. so I don't know.

Maybe that was just nice and good, but we're not gonna get anything more and the next day we didn't We didn't get anything more. All right. So that was Thursday and then we got this move here. What in the world? So this surprised me.

I it really surprised me quite a bit at the at the bell. This thing just squeezed big time on the daily chart. We looked at, uh, the previous day here as a small inside day, so an inside candle right there. The high was 587 and we broke that level and squeezed right up.

and I initially was like, i don't know. we've got the 200 moving average here at 571. I think that's going to probably be resistance. No, it wasn't.

It broke right through it with basically no issue at all. So you know, Pgy ended up giving us this move here from 5 to 11 and that and then up to 12 and that was the best move we had seen in a while. Now I I didn't capitalize on it as well as I could have, but I did finish the day up about 10 000 and uh, you know I was like that. That was.

That was a really nice Friday, right? So that was on Friday the 22nd the next week. Monday. Tuesday. Wednesday.

Thursday. Friday. Almost every day I was trading Pgy, I mean, we just kept having opportunities on Pgy day after day after day. So this was Friday the 22nd.

Monday we had a little bounce at the open. the next day Tuesday it goes up to 20. the next day Wednesday goes up to 24. it pulls back on Thursday and then Friday it goes up to 27 bucks.

Then Monday coming into August it continues higher. So it did have this pullback midweek, but this really kind of started the latest round of momentum and I think that it had something going for it. Well, first of all, this was a a special acquisition merger. Special Acquisitions.

Um, they are priced at ten dollars. So when you have a special acquisition, the way these work is, Um, a special acquisition company the company sells raises money at ten dollars a share. And so if they sell 10 million shares, they'll raise a hundred million bucks. Ten times.

Tens a hundred. So 100 million bucks they'll raise and they can use that money to go acquire a company and do this merger. Uh, so usually when a special acquisition um is announced, it will start trading around ten dollars and then insiders have the opportunity to just sell their shares and get out. Which often happens, they redeem them or you get this squeeze up.

And so we've been in a fairly bearish market. As you know, Ilag, this was an ipo that got pummeled, just totally destroyed, and we've had a few others that have been pretty brutal. So I think the the mindset when uh Ilag ipo'd and sold off was the or when um, Pgy ipod and sold off was that it was just going to be another one of these ones that would just go lower and lower and lower. And then it kind of caught some short sellers off guard as you got that squeeze, a day of rest and then the next day it just, you know kind of had this big squeeze up through 14..

one of the things that I talk about on these is that we often don't have great liquidity. Market makers are not making the market very well. Uh, you know to be a market maker, you have to make the market on a certain number of stocks and they're going to usually choose stocks where they're going to make more money as a market maker and so those are going to be stocks that they can make money on the maker taker fee structure with the exchanges by providing liquidity and they'll use their high frequency trading algorithms to trade as many shares as they can just to make the maker taker fee. So a stock like Siri is going to be really popular and is going to have a lot of volume because um, because of that fee structure.

Same with Bank of America. Same with a lot of these big large cap stocks. They're not very volatile, the market makers don't carry a lot of risk by owning the stock, and they can sell a lot of shares. And these are companies that mutual funds and pension funds are buying.

Um, you know, all all day long, right? So there's just tons of volume and liquidity and these are great for market makers. But a stock like Pgy is not really great for a market maker. There's too much risk, they don't make money, and so they don't really make the market adequately on these. And as a result, you have big spreads and when they start to move, they can go really, really fast.

And this is one that did exactly that. We got this really big squeeze right here as you can see up to 417. First there, up to 815, pull back and then higher and so if someone had taken and accumulated a really large short position, there really wouldn't have been a great opportunity for them to unwind the position. As they start to unwind the position, they're pressing the button to buy at the ask to cover the position.

Now, the Algos, the high frequency trading algorithms that process these orders. They see that order coming in, they start pulling their own offers, and now the stock starts moving up really, really quickly and you have this rapid squeeze. So the dynamics of, uh, the type of, stock that's more likely to have a short squeeze are important to understand. There are characteristics of a short squeeze stock.

It's like the anatomy of a short squeeze and recent ipos and recent reverse splits both meet that primarily because typically they don't have a high degree of market making on them and their floats can often be very low and that can create that imbalance between supply and demand and you can have this epic squeeze. So it kind of started with Pgy and we had a really good, uh, last week of July thanks to Pgy with the last day of the month actually being my biggest green day with 18 000 and then going right into August. we ended up having just a fantastic start to the month with Hkd. So Hkd starts moving up.

and this one, I mean, you know, Honestly, I didn't really make that much money on it. I made a total of 875 on Hkd. I know a lot of folks that did a lot better. Jorge posted a 60 000 winner.

I saw someone else post a 25 000 winner, so there were some traders that did a lot better on it than I did. I was. I was still being a little bit conservative. Uh, and you know the fact is, this was a little bit of a gamble because the spreads were so big.

There was certainly a lot of risk on this type of stock. You could have easily gotten smoked, but you know. what I ended up doing was, I ended up focusing on sympathy Momentum. That was kind of the the name of the game this week.

So while Hkd was going crazy, we were getting sympathy momentum on other stocks. In fact, we got it on Friday, the last day of, uh, the last day of July. Right here? this was the 29th. So mgam.

This was classic sympathy Momentum. All right. So mgam, You see, this thing ends up making this, um, intraday move right? Here it go it. Ipos: It has a high of 588, it pulls back on the ipo, and then in the afternoon, we ended up getting this really impressive breakout.

So it's um, an ascending wedge right here. sort of pushing it higher. It's having lows, but they're not as low and it does a little cup and handle formation right there. Around 584, it breaks 588 and the thing goes to 756.

it halts up. it then does a little micro pullback right here and halts up again at 1063. And although you had to be pretty quick to trade it, there were some good opportunities on it. And this is on a five minute chart.

I could switch to a one minute and make that perhaps a little easier to see. Uh yeah. and by the way, those uh, tuning in uh for this broadcast on Youtube. Thank you guys for being here.

I hope you hit the thumbs up. Uh, I didn't do get a chance to do my thankful Thursday uh donation this week because things were kind of crazy these last few days. So uh, for every thumbs up, I'll donate a dollar to charity and for every person that shares the video I'll donate two dollars to to charity. So if you hit the thumbs up and share, donate three dollars on your behalf.

We've got about 500 people broadcasting or streaming right now on the broadcast so that would be fifteen hundred dollars to charity if everyone does it. So thank you guys for helping Um with the Youtube channel helping it grow. I really appreciate it. Okay so this squeezes up here.

Really nice pullback as you can see in this area. right there it goes higher into the hall, pulls back, and now this area gets choppy. It halts down, opens, lower, squeezes back, double tops, pulls back, and then after hours it gets a final surge to 15 before dipping back down. So the next day you can see it moves higher at 4 a.m but it's choppy.

Was fairly risky but you can see we did get this push up to about 20 but it wasn't easy. We started getting some false breakouts uh on mgam as it went higher So that was the the sort of end to the month of July and then into August we had uh Hkd we had Pgy and um some of the Sympathy Momentum stocks that we had. Uh, this last week we had um, let's see. so Qrx which I think I uh already mentioned.

So Qnrx, It did come down. the company announced a secondary offering, priced it. I think it was five dollars a share. So they took the opportunity with the stock being up 400 percent to sell some shares and make some money.

You can't blame them. It's not surprising the areas you really want to be focusing on these front side of the move the very beginning of the move if possible. On day one, Day two, continuation, a little bit more risk as it goes further on the risk increases. Usually you don't have secondary offering risk on a recent ipo, but you definitely have it on a recent reverse split.

Companies that do reverse splits are doing them because they haven't been able to keep their stock price above one dollar. These are companies that traders don't like enough. They don't like the stock enough to keep it priced above a dollar. and so they have to do these reverse splits and it keeps going lower and lower.

So when it does pop up 400 percent, it's a great opportunity for the company to sell more shares on the market and raise money. So not surprising at all. But in the meantime we got this really nice move here where it starts to pull away initially. Nice squeeze up Total Sympathy momentum up to eight.

It pulls back it, then, um, does a somewhat similar pattern right here. Where, uh, to Mgam where it's sort of ascending right up. in this area, it pushes through that level, it pulls back, goes into a halt. on resumption, it halts down, it resumes high, and then rips through the high to 12, goes up to a high of 14, halts down again, opens higher, back up to 14.

And now we have another one of these periods of consolidation, forcing it through the highs. And that was an epic squeeze from 14 to 28 dollars a share. That was powerful. Okay, so you got a really nice move on that one.

Then we had sympathy on Envb, so Envb gave us some really nice sympathy. same day This thing was moving in tandem with Qnrx, goes out to a high of 857, pulls back, pops higher, pulls back, pops higher, ends up going all the way up to 15.. by the way, earlier in the week we had Lrtpb. sorry Ltrpb.

This one made a pretty crazy move. As you can see on the five-minute chart, it goes from about 20 to 90 a share 80, 90. the next day it had continuation and this triggered sympathy momentum at on Qrteb. So we're seeing the sympathy momentum again.

One stock is strong, another one's strong. So Qrteb goes from four dollars to 21 bucks. I mean, this is really some impressive stuff. Didn't give great second day continuation not having its own really strong catalyst was definitely a problem during the week.

We also had Mtc Ms and Mary. So Mtc uh this one. Really nice squeeze from three to four to five to six to seven. This was on the second so Tuesday again just like crazy.

Back to back Momentum: Uh. recent reverse split. Efsh Efsh Recent reverse split. This one squeezes from uh, four up to seven.

It pulls back. It tried to rally a little bit, wasn't able to. Um, we had Kspn. This was another one you can see on this chart.

Um, this is a former Momo stock. Not really a recent reverse split. not the strongest chart because it has the 200 moving average there. Uh, this one I only made let's see made about 3 700 on it.

So not a huge winner but got a little bit on the squeeze from 250 up to seven. We had Hscs. This was a cheaper stock, but it made a pretty huge move. You know, you guys probably know I'm not the biggest fan of these cheap stocks, but this one went from two all the way up to 334.

Halted up, pulled back, went higher, ended up coming down pretty hard. Recent ipo was the setup so it was a blue sky setup over 375. All right so this was pretty good Amtd. so this one you had a pretty impressive move on.

Now the float on. this one is higher over 100 million shares. but the company owns a huge number of shares in Hkd, so as Hkd was going higher, the value of those shares was going higher. and this stock started to catch some, uh, some momentum.

And we got to move on it from two dollars all the way up to you know, 1440 which was pretty wild. So let's see we have that one. Um, we had a note. this was one that popped up kind of briefly.

It's also a recent special acquisition into a merger. didn't end up really opening up in a big way. Ahpi, this one. Not really a recent reverse split.

came right into the 200 moving average. had news, so got a little uh, attention. Nviv this one somewhat recent reverse split. Really impressive move.

Uh, it goes from nine dollars all the way up to 14.. So these exaggerated squeezes these big um, momentum types of trades. Maia this one. Um, recent ipo goes from four to almost 10.

We had Md A I I believe it was Mdia perhaps? Yeah, Mdia this stock goes from four to 11. crazy. Just absolutely crazy rhe. This is a familiar stock for many of you.

It made a big move a couple years ago. had one day where it you know went crazy acy was another stock on the same day that went pretty crazy. I guess it's been either simple change or de-listed Apdn. this one a dollar fifty up to seven bucks.

Uh, but you know, not without some pretty, um, a couple nasty false breakouts. So let's look at Apdn. Um, right here. That was pretty nasty.

That false breakout right there. It breaks seven halts, almost halts up at 735, and then flushes to a halt down at seven at 6 26.. this was definitely some nasty rejections and so, uh, it certainly wouldn't have been impossible by any means to be read last week. I'm sure there are a lot of traders out there that were read last week.

A lot of this Momentum was this really kind of frothy fomo momo where you have one stock that's going crazy and then you have sympathy, Momentum and and that can create really tricky trading environment because the stocks don't have really strong underlying catalysts and so naturally people will be quick to short them. But then they start getting squeezed as Momentum traders are just buying anything popping up. And now you have short covering and you have Momentum traders that are chasing it. and you start getting these stocks that go from four dollars to, you know, 10 11 a share.

Which doesn't really make a lot of sense, but in the short term, technicals are more important than fundamentals. And so we had a lot of technical, uh, price action, a lot of momentum. Uh, and you know, so we were able to do well. but you want to be careful not to overstay your welcome and something like Apdn, it would have been very easy to go red on.

I actually was read on Qnrx on uh, day two of the move. Uh, I ended up giving back the profit I made. I think it was um, in this on this day here. Uh, it might have been day three, I can't remember but in any case, um, ended up being read on.

It found it to be very choppy and I was like you're over trading it, you got to leave it alone. You've got to wait for better quality, then wait for the next stock to come along. So then on Friday megl ipos. This is a Chinese stock so similar to Hkd and I put in an order for a thousand shares at the ipo and I filled two shares.

I filled two shares of my one thousand share order and through the course of four halts it goes up to 235 dollars a share. So from 55 to 230 would have been 180 000 if I you know, held the whole position and sold at the very top. which never happened so it wouldn't have been that big of a winner. but it could have been a pretty nice winner.

and it ended up closing after hours at around 186 dollars a share after pulling back to 70.. So definitely giving some of those Hkd kind of vibes with this really volatile price action. Um, if you recall Hkd, you know you had. First, this move up to 30, drops back down to 18, goes back to 70, drops back to 40, and then you know it goes all the way up to 200.

2 500 a share. So I'm not saying that's going to happen with Megl, it probably won't but it's already shown quite a lot of range. Now, the fact is, this is pretty high risk. This might not be within the risk tolerance of most traders out there, and that's okay.

But what you can wait for is sympathy momentum, Because if this keeps going and who knows what happens with Hkd, there's a good chance we'll see some some other stocks because the majority of my profits this week. Like I said, I only made 875 on Hkd, so the remaining 68 000 that I made was all on sympathy momentum. Looking at stocks, hitting the scanners and squeezing up, jumping in and riding that momentum higher. Um, this was Jorge 23 000 on uh, Meg L on Friday and Benzie he got 3 400.

So a couple nice trades there and this is the day trade dash software so those you guys probably know who have been tuned in that we launched this uh last week. Email only invitation, it's a chat uh, chat only membership Uh, it's it's not at Warrior Trading, it's over at Daytrade and I'll put a link uh in the comments here and I'll pin it to the top of them so you can check it out. If you'd like, uh to be a member. you can join this coming week, but it's still email only invitation.

So uh, you have to be on the waitlist and then we'll We're sending an email each day to give you that, um, to give you the link to join if you'd like. We've opened up two levels of membership right now. Okay, so you could check that out if you're interested. These scanners are what I'm using every single day to find stocks to trade.

You guys know that. but this is how I find stocks that are moving in real time. Okay, so I think the game plan for the week ahead and I'll do a week ahead game plan tomorrow. But um, but in short, I'm going to be watching Meg L.

I suppose. but I also think that it'll it'll just be outside my risk tolerance. Most likely any trades on it would be super small size. you know, 10 shares, 100 shares.

I don't think I'd be comfortable taking a thousand up at this price, but we'll just you know, we'll see what happens. We'll see how it looks on Monday, but most likely what I'll be looking at. If this is strong and it's sort of a cup and handle formation right now, I'll be looking for sympathy, momentum and I'll be asking myself, is there something that's going and it's strong Because what ends up happening in the market and you know you can understand. This is when you have a couple stocks making really big moves, the next ones that start to pop up Get this Fomo.

Momo. Traders see it. They see it starting to move, they don't want to miss it. and next thing you know, they're jumping in.

Looks like Waffu was one on Friday that gave a little bit of a move 320 to 440. you know, I mean, these aren't necessarily huge moves, but um, you know they add up his base hits. certainly. And um, you know, and some of these end up actually being, uh, pretty impressive.

So you know I'm I'm definitely curious. Um, to see what the week ahead holds. I don't usually have high expectations for the month of August, so I've already kind of exceeded what I would have expected for the month in terms of momentum in this last week for sure, You know. But at the same time, the market doesn't necessarily care in terms of seasonality.

You know, if a short is getting squeezed and the stock's going up. You know, a thousand percent? Two thousand percent, Five thousand percent, Ten thousand percent. Twenty thousand percent. Uh, traders are going to jump off the sidelines and try to capitalize on that opportunity.

And next thing you know, you're going to see a flurry of momentum. So that's essentially what's happened here. beginning with Pgy, then going into Hkd, those are kind of the two stocks that really started this wave of momentum. and you know if it ends up being that it slows down, you know, over the next couple days, Um, the fact will remain that in these last, um, I suppose, how many weeks has it been? Um, oops, let me go forward.

So from July 18th, So in about, you know three weeks of trading? that's 15 days of trading And that's 124 000 in profit. So you know that contributes pretty substantially to my profit on uh, you know these two months and certainly on the year and I really can't complain about 15 green days in a row. this is. You know, this is great and it's not like I'm swinging for the fences every single day.

I mean, there's a couple days where I've been pretty aggressive, but you know for the most part my goal each day is to try to come in to try to find 15 20 cents a share, see if I can get myself in the green, build a cushion, and if I can and things are feeling good, then I start to size up and stretch myself up to the daily goal. Sometimes I end up hitting the daily goal in you know, the first two trades and then it's like, okay, well it's only 7, 15. let's see what today is going to give us and you know As things continue, I find myself up 10, 15, 20, 30, 000. So uh, you know I've had a couple days where I think there was the potential for sure to have a six figure day and I wasn't as aggressive as I could have been.

by the way, those on Youtube. If you have any questions, you can feel free to throw them in the broadcast and I'll I'll see if I can, Um, pick them up and answer them while I'm here. But you know I? I yeah I I think there's some days where I could have made more. uh, had I been willing to be a little bit more aggressive.

Also, the luck of the draw with having an order not get filled. I mean this. This sometimes happens with trading. so um, yeah I I probably could have done a little bit better.

but you know, on the other hand, consistency is important and I think most traders would agree that, um, you know, if you could sort of trade, if you could either have a P L that looks like um, you know this where it's like really choppy, uh where you just kind of keep jumping up and down. big winners and big losers or you could have a P L You know that was more like this. Most people are going to go for this, right? This is consistent. This is steady, you know.

Okay, a little bit of draw down and then back up. you know, a little bit of flat sideways, but I I, you know, I earlier this year had a bit of um, you know, up a hundred, back down a hundred, you know, then slowly back to up 150 than in two days. you know. back to here.

and so it's like yeah, I'm making money. But but I'm like pulling way away and then pulling back down. And this is stressful. This isn't fun to have these big losses.

that's not fun to have one day where you give back two weeks of progress. So that's when I made this very kind of affirmative decision. To say you know what, let's reduce share size Because big share size is what can create these big swings. Let's reduce share size that way I can, you know, jump in and jump out quickly.

And since I've done that, my P L has smoothed out a lot more. Now I'd say it's probably more like, you know this, It's been a slower profit curve, but but green nonetheless. I mean we can. Actually, you know I can actually look at what it's been.

Um, let's see, since, like April or whatever so you know you can see this is kind of how it's been. Um, I think I must have started smoothing out. I think it was June. It was about June.

I don't know. mid-june that I was like okay, this is enough's enough. So this was all pretty slow and steady stuff. but um, slow and steady And then when things start to open up, I'm ready to go.

And so the draw down during this period was only three thousand dollars. Right now, I definitely saw some people talking about over trading a little bit last week. Um, they're like you're over trading. You're over trading And that was on the day that I was up.

twenty six thousand, twenty eight thousand and I was like, well, uh, yes, I certainly have taken a lot of trades, but wouldn't the metrics be supporting that right? 76 trades, 41 trades. You know, back at the end of July this day was 82 trades, 27 trades. I mean, yeah, these are a lot of trades, but if the days that I'm trading a lot, I'm doing pretty well. I think that that is justifying continuing to trade.

Now I'll say that this was a day that was not as good. I finished, I traded a lot and I was up 10 000 and then gave it back at the end of the day. Basically, so that day I pushed a little too hard, but after having two really good days, both of which I did really well in the afternoon, I thought it made sense to push a little harder in the afternoon. So you know I did it until I it didn't work.

But I think that that criticism of your over trading, it's like, well, if you get in and you get green, you could just walk away. right? You could say all right, I'm just going to walk away. I'm going to call it a day. And on the other hand, you could.

you could try to step up to the plate. And that's how you turn a small green day into a bigger green day. If there's going to be days in the market where you're going to find 10 or 15, or 20 really good setups, and then there's going to be days where there's nothing. So on the day when there is a lot of, there are a lot of opportunities.

It's a good idea to try to dig deep and capitalize on them as much as you can. That way, when things are slow you can, you know you can sort of let it tide you over. So question on how my thinker swim account is going basically unchanged. I've only taken, um, I have it up over here, but I've only taken maybe like three trades in it.

It's up. Um, it's up marginally. It's up a couple thousand dollars. Maybe at most like I.

I haven't been trading in it. Um, I think the problem for me is that, um, this. this workflow in Td Ameritrade is just too awkward. I just don't feel like I'm I.

I'm not comfortable trading. Um, in Td Ameritrade. I just, I just find myself. um, I don't know.

I'm just not comfortable it. I'm having a hard time getting sort of like dialed in. You know, I don't like the the order types are too limiting for me. Now I know some people use Um integrations where you can use a third-party platform that trades through Td, but that feels too complicated.

and whenever I've done those types of things in the past, the more layers of third-party Api integration you do, the more room there is for error. And you know the fact is, like I had a trade. Um, last year where I was, I was trading with my regular broker and I jumped in. I got into stock and I pressed the sell button.

I tried to bail out in the whole position and the order doesn't go through all right. So I tried to cancel the order and it wouldn't let me cancel the order and in the meantime the stock goes from being up a dollar a share to being down a dollar a share. from my entry. A huge swing and I ended up losing.

I don't even remember how much it was. Six thousand? I feel like maybe eight thousand and I had to call the broker. I had to be able to get through to them and by the time I was finally able to get them to help me, the damage was done. So I've heard people talk about that just, um, anecdotally with whenever your use, it happens more frequently when you use these type of integrations.

So it's better just to use the platform as it is. That's the way it's designed and I at this point, um, I feel like it's too clunky, it's too slow. I don't know what a good analogy is, but um, it just feels too slow for me. So so anyways, um, I have it here every day, but I I just keep not using it.

And yes, the commissions are free and that's great. But like I said, I just keep not using it so I don't know. maybe maybe at some point I'll you know, I think what I would have to do is I'd have to kind of go cold turkey. I'd have to be like, you know what you know, turn off your light speed and just use this and force myself to just push through it.

But um, and I think it's a good idea to have a backup in general because sometimes you'll have a broker that goes down or something happens. So it's good to have a backup. So I guess I have a backup here. but I also feel like what's I don't have any motivation really to go cold turkey and to try to force myself to, um, to get comfortable with this because what I have is working relatively well enough.

and from my experience on the order execution side of things, I know that I get faster execution. With Lightspeed, I would wonder if I would get better fills at times with Td because of the price improvement that you get with payment for order flow. You know Lightspeed is sending your orders directly to the exchange, so you're not getting that price improvement that uh, Citadel is gonna give. um, sometimes with payment for order flow.

So uh, you know I that that is something that's there. But I don't know. I like I said, I'm just not super motivated at the moment. and I think part of that is also this sort of thing where when the, um, you know when the market, um when the market is, uh when the market's slow, I feel like I need to hit my base hits right? I need to get green, I need to hit my base hits and so I don't want to kind of take risks of trading outside my my go-to and then when the market's hot.

I also don't want to go outside my go-to because this is the time when pedal to the metal you want to be like dialed in. This is like George Costanza and the perfect you know game of um what is it Pac-man You know, like you don't go change your routine when things are really hot so you end up kind of in this, um, you know in this place where you just stick with what you're comfortable with. I think that that's what I've um what I've found. So anyways, that's um, and yeah, the charts on Td Ameritrade are fine.

I mean, I have no problem with the charts. Um, I think Td Ameritrade. They could improve hotkey functionality. Um, and that would help, but it wouldn't change the fact that the orders are still a little bit slower.

but that would help. Um, and I know you can use that integration and then you can use whatever hotkeys you want, but you know you're still. Then you're using an integration which has its own. you know, pros and cons, but I'm seeing a little bit of the negative on that.

And then you also just have the um, the execution speed stuff. So anyways, um, long answer that question. Frogger Was that what he was working on? I don't remember on George Costanza, I don't remember. Uh, let's see.

So let me just scroll up and see if there are some other questions. Thank you guys who uh, tuned in. Thank you guys who hit the thumbs up. So uh, we've got um, 500 people streaming right now so everyone that hits the thumbs up and shares this broadcast donating a dollar to charity for the thumbs up, Two dollars for the share so each one of you guys can donate three dollars through me.

Uh, and another note on the over trading is that you have to be able to trust yourself. So if you're a beginner trader and you're still in the mindset of like I need to get my 15 cents a day and get out, then you might not be in a place where you can trust yourself to trade more because you know you have this habit of revenge trading or giving back profit, getting frustrated, and then it's spiraling so you know you may you have to make that decision for yourself. Uh, let's see. Yeah, and so like that comment of, um, using Sterling.

Some people really like Sterling and you can use Sterling with uh, Lightspeed, which is the broker that I use. I'm more used to Lightspeed's own platform because I've used it for a lot longer. So I use Lightspeed, but you can use Sterling instead. you know? So a lot of a lot of platforms will give you.

um, the ability to. A lot of brokers will give you the ability to choose different platforms, but you know you just have to choose what you're comfortable with and then you know, hopefully stick with that. Uh, let's see. so so many stocks moving up this last two weeks.

It's like which one do you jump in with a stop loss because they're really, really volatile. So yeah, one of the things that, um, it's that has been a struggle because they start to squeeze up really quick and then sometimes they just you know, go up like 50 and you're like where do I get in and then they just come right back down. So I'm trying to be able as much as I can while I'm training to gauge how strong the momentum is. And are these moving enough? And is the one that their sympathy on moving enough that I can expect that these will give me bigger moves.

And then I also look at the characteristics of the stock. You know, when we look at the chart and we look at it on the scanners, What's the float? What's the relative volume today? Is it a recent ipo? Is it? Um, you know, a recent reverse split? Does it have one of those extra kind of factors that can increase the momentum? And some of them do, and some of them don't. And so when they do those, the ones I've been more aggressive on when they don't I've been like, uh, I don't know, You know. So waffu, near the 200, Not a recent reverse split.

That's probably not the one to be as aggressive on. So the problem is, you need to be able to make that decision pretty quickly. You have a fairly short window of time before you're going to just miss the opportunity. So making quick decisions has been probably a requirement for being able to capitalize on these opportunities as we've been.

you know, kind of seeing them because they are quick and some of them are short-lived All right. Um, let's see soon. And thank you guys as always for being tuned in. Um, how much of a stop-loss do I use? So I actually don't use a live stop-loss on my orders.

I'll use just a mental stop pre-market and after hours and you can't use stop losses at all. But during regular trading hours you can. And although I'll occasionally set a stop at break even after I've gotten in a trade, so I'll get in and then once I'm up 15 20 cents. Maybe I sell half Stop Break even on the rest, or I just set the stop and I kind of let it work depending on how much I'm up on the day.

So for me, I usually don't want to be in a trade down more than 50 cents a share if I get in at like 690 and it flushes to 650. as long as it holds the half dollar. I'm okay. but if it goes to 640 630 I that trade has gone south.

I need to bail out. So usually I can say 50 cents is a pretty hard stop and realistically even 15 to 25 cents because the best setups pretty much go right away while the worst ones, um, you know, fail instantly. So if it's just starting to get like it's just not opening up, it's already as soon as I get in, feeling choppy or feeling like there's a big seller. Sometimes the best thing is just to be like, you know what? Let's just cut it.

It's an 8 cent loss. It's a 10 cent loss. But you know what? if it was really strong, it would have already been through the next level. The fact that it's not, it's a caution flag I don't want to take.

I don't want to get caught in an algo flush and a 50 cent drop. So let's just cut it right here. Sometimes I'll do that, it'll pop right back up and I'll be a little annoyed. But if it's really strong, it'll most likely give me another opportunity.

So as long as I'm keeping my losses really tight, I can just get in for the next trade a little bit further down the line. on the setup. That's that's the best case scenario. The problem is when I end up stacking up because I'm trading with bigger size fifteen hundred, two thousand, four thousand or six thousand dollar losses.

Because I'm going in with fifteen or twenty thousand shares and catching. You know, thirty forty cent drops and then that's when they really add up and very quickly. Those quick, uh losses, can you know ruin your day? So trading with smaller size, you know, based on the condition of the market and then sizing up only once I'm really feeling confident has also been a good strategy. So um, with that, I think I'll let you guys go.

Thank you guys for tuning in. I'll put it up. Um, two episodes that you guys can watch if you want to learn a little bit more about the way I trade as recommended videos here and here right there so make sure you check those out. Uh, reminders.

Always trading is risky and my results are not typical so take it slow and I'll see you guys back here. I'll probably do a weekly game plan episode tomorrow afternoon. So weekly game plan? A game plan tomorrow afternoon. So make sure you guys tune in for that and I hope you enjoy the rest of your day.

All right, I'll see you back here tomorrow. You.