What's up everyone? Alright, so here we are Monday morning finishing day up $7,000 pedal of the metal being aggressive. Momentum continues to be really hot. The month of May It's been a terrific month. We've still got really two weeks left, which is awesome.

So here's the deal. sometimes triggers ask me Ross if you know you're right seventy percent of time, why don't you just always trade with twelve thousand shares? Let's say, and the reason is because during the cold streak, my accuracy is usually gonna dip down a little bit. We don't see big follow-through we don't see big winners and slippage of course is always a factor. So what I want to do during the cold streak is sort of throttle back reduce my share size to minimize my risk of loss.

Now during the hot streak, my accuracy is gonna go up to seventy-five eighty percent, maybe even higher. And that's the time where we're seeing bigger breakouts, more circuit-breaker halts, more volatility, and that's what I want to increase my share size to maximize on the hot stream, maximizing on hot streaks, and minimizing on cold streaks. It takes a fair amount of experience to be able to know when to be aggressive and when to slow down. So keep watching the midday recaps and as always, if you have questions, put them below.

I'll come back and answer them later on and tomorrow morning I'll be live-streaming as usual 9:15 pre market analysis so make sure you're subscribed to the channel so you get those alerts when I Go Live! All right everyone! See you guys first thing tomorrow! All right everyone. So we're gonna do our midday market recap here for this morning Monday morning and the momentum this month is continuing to be really strong. So I'm gonna make it official here. Got to catch up for missing entering my Thursday profits and Friday profits.

And now here are the Monday profits on Victoria Day in Canada All right, my calendar is informing me of that. so 7,100 $18.73 of profit, you know? Solid Green Day Five grand on Friday Two thousand on Thursday So that's fourteen thousand in the last three trading days and you know, at this point, it's just putting me further and further above my forty thousand dollar monthly goal which I hit in the first week of May. So you know that's definitely really nice to just be. You know, covering some ground here and making some progress.

I did have a red day last week, you know, drop down sixty five hundred dollars into the red, but I bounced back into the green really quickly so you know that's that's the good news there. You'll notice that my trading account says all trading allowed P L is greater than minus nineteen ninety. So if I'm down more than two thousand dollars, my account gets locked up and I can't keep trading. So this tells you that at some point today I went into the red and I went into the red because of the spread on Canf.

so Canf is the only stock I trade to today. it was straight off the watchlist. You know this is one of those days where everything kind of came together pretty nicely and was able to hit that daily goal trading Canf up 40% pre market. So here's the deal many of you guys already know: I'm hosting a workshop today at 1:00 P.m.

Eastern And this is exactly the type of stuff I'm gonna talk about Canf: How did I find it? Well I found it on my scanners. How did I know that it had potential here at 9:25 A.m. You know here it is at 10:00 30 or almost 11. I'm up $7,000 How did I know you know an hour and a half ago that this stock had the potential to turn into this type of profit? Well, I'm gonna walk you through my five criteria for our debt for identifying a strong stock to trade using the scanner and then I'm gonna talk about my two favorite ways to buy strong stocks on the chart right here.

This is gonna be the second strategy that talked about today, which was a break of pre market highs I mean really like a perfect example. pre market high here was 755. jumped in for the break of 755. There's a quick move up to 846, right? There was about 5,000 dollars of profit.

Got back in right here and I actually lost a little bit on the first one-minute candled. make a new high and then I got back into it right down here for the break over V whap and made back a little bit that I lost and got myself even further into the green. So you know trading is one of those things where it's kind of stacking layers of knowledge, understanding how to manage risk, understanding how to find strong, strong stocks to trade, understanding where to get in and where to get out, and knowing how to use the platform to maximize on the opportunities utilizing hot keys, being able to get in and get out quickly and I was able to do all of that on Canf today, which was great. So another solid green day and I can feel really good about that.

So again, those of you guys who are in the chat room I'll just put the link here one last time for our 1 p.m. workshop. those are you guys watching on Facebook the link is in the description and those are you guys watching on YouTube the midday recap this evening. Well, unfortunately, you probably missed the workshop because it was at 1 p.m.

Eastern so you guys will have to stay tuned for the next workshop. Make sure you subscribe to the channel. so the next time I host a workshop, you'll be able to get the alert on it early. So anyways, Canf, let's back this up here.

So this is what was happening. pre market on it. it was taking off, it was up 40% by 9:25 and I was just I was just hoping it would it would hold off before it. you know it, it just made this final squeeze I would love to have been able to buy it down here or even down here below six even down here at six but just kind of kept squeezing up pre-market and unfortunately when that happens it does sometimes kind of break the pre-market the gap and go set up because it's it's so extended by the time the bell is ringing and you know so that that's kind of a that's kind of an issue and this one we know it was a more thinly traded stock.

I had trouble getting in. I mean the bell rang and I tried to jump in right away and it was just hard for me to get full entries. I mean oh you can see right here these are my orders I'm trying to by trying to by trying to buy, these are all except for one partial fill and these ones were rejected. Completely Rejected.

Rejected. Rejected Rejected? Well, I had to cancel it because it didn't fill. so no Phil No Phil No Phil Twelve hundred shares, 3000 Shares 1500 One hundred shares. you know, twelve hundred seventy shares I mean I was trying to buy and I was just not getting filled.

and that was pretty much the story of the stock today. It was like tons of tons of orders and having a hard time getting filled. It was just moving so quickly, so even with my offset to buy above the ass, even then I was still having a hard time. But despite that, you know when you have a move from 755 up to 846, you know that's a lot of potential.

and I was able to do well on that move. It then pulls back. it drops back down here to 752 sideways, sideways and as it curls back over eight. I Got back in on this green candle thinking that if we broke over eight and we broke this high of 820, we would retest the high of Dave 846.

That didn't happen. It hit 820 and then dropped back down to 765 and I stopped out and took a loss. It then pops back up again, drops down again, no trades on it, just sitting and waiting. And now at this point I'm watching the five-minute setup.

I'm watching the first five minute candle to make a new high. So this is a perfect example for the Workshop today because I traded my two favorite strategies on it. break a pre market high and buying the first pullback. so those of you guys who are going to be in the work just remember as we go through those strategies how it applies to Canf here.

I might even try to add this one to the workshop real quick since I've got about two hours before it starts first five minute Campbell to make a new high was right here over 755 now as it started to curl up right here I saw a volume coming in and I was just like this thing is taking off. it looks good so I'm gonna be aggressive so I jumped in as it started to squeeze up I added for the break over $8 we hit a high right here of 790 and then we dropped down flash all the way down to 720 before you know finally coming back up here to 814. So it ended up not being as solid on the first 5-minute cable to make a new high as I hoped I still made money on the tray. it was still a green trade.

it just wasn't as good as I wanted and then this was sort of that ABCD set up down up down up but it didn't end up breaking and holding. so at this point I was like alright I'm done with it I'm gonna step back I'm not gonna push my luck I'm gonna take the profit and bail the trade where I had the most risk was this trade right here? This is where I took my biggest position I added here well I added a it was like right up here I had 12,000 shares so I stepped up by adding adding adding into the breakout and I was looking at this potentially is you know 12,000 shares if it breaks over 8:20 I was gonna add again to 15,000 and be holding 15,000 shares. goal of high a day 846 and maybe I move into a circuit breaker Hall and squeeze up to $9 That could have been a 15 to $20,000 winner. Had it really opened up, it failed I recognized that quickly, switch gears took my profit you know.

added a couple thousand dollars bringing the day up to seven thousand which was good, you know, and certainly of course better than a loss. But yeah, you know and this was really the only thing for me that ended up giving me opportunities. Ot LK you know I know some of you guys were watching this. It did also give us that same breakup remarket hi Gap and go trade.

The break of three dollars resulted in squeeze up to 335. The daily chart gives you room up to 466, but I just left it alone I don't know it was already five million shares of volume pre market I felt like it was gonna be a tug of war I lost a thousand on it on Friday so it just wasn't super into it and nothing else really hit the scanners after the bell rang you know it ended up being just a little bit on the slow side so you know what. that's fine and via NV ax hit but didn't really do much buy OC rave a couple others but yeah I don't know, not a lot so just figure I'm gonna take it as another. Green Day Feeling good feeling charged up.

Ready for the workshop here at 1:00 p.m. and you know that'll be that'll be today and then of course I'll be back at it first thing tomorrow morning. Live streaming around 9:15 as we look for. You know what's coming up next on the scans and yeah, absolutely I Don't want you guys just blindly following me I want you to understand the strategy canf it's a gap and go strategy that's what I teach in the classes I want you just to follow me I wouldn't even bother teaching classes I would just say follow me I Want you to be able to trade these all by yourself because you understand the setup and you know really, this is holding up quite well I mean I'm I'm impressed that it's still at this level.

It's still up 47 percent on the day with three million shares of volume and short sale restriction. I would say 8:14 right here would probably be 815, the most kind of critical trigger. It breaks 815. Well, we should see a break of 846 and this thing is, you know, from here to 846 and then maybe a squeeze up to nine dollars.

So you know, take a quick look at the daily chart. what are your support and resistance levels? Resistances right up around 9:00 9:15 and then above 9:15 it has room all the way to 1050 and we do that by looking to the left and up for these little windows. So yeah, this one still has some potential. Keep it on watch for those you guys who are gonna stick around.

I guess I left an order at 8:50 you know just to if I happen to be looking at it to take a trade but I probably won't I don't want to give back profits today so if I do take another trade on it it would be really small size of maybe go down to like 2,000 shares and then if I double I'd be at 4,000 and maybe I go up to six or eight thousand if it's You know if I've already got profit but I don't want to jump in with 10,000 shares and then lose 30 cents. You know it's just not worth it. This is a solid green day. Three times the daily goal and just making great progress on the month of May Here you know we've still got, you know, full two weeks left.

So we're in really good shape here, so time to put the pedal to metal. Be aggressive, capitalize on these opportunities. Knowing that they're gonna have to tide us over during an inevitable slow patch. whether it's a week from now a month from now, or you know, sometime in the middle of August the market will likely slow down and we'll have to, just you know, kind of sit on the profits that we got from.

you know, the the hot momentum earlier in the year. So anyways, that's a game plan. I'll see most you guys at 1 P.m. Eastern and everyone else.

We'll see you first thing tomorrow morning for our pre market analysis. All right bye everyone, if you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I Upload new content. Remember when you subscribe, you become a member of the Warrior Trading Family.