All right, good morning everyone! Well, we have about 30 minutes to the bell so we're going to start breaking down the watch list here. I'm going to be streaming again this morning on uh, Youtube and Facebook. Same as yesterday and same as for the rest of this week as I get ready to, uh, start my new Small Account Challenge in uh, July on July 6th. So a week from today, new Small Account challenge begins.

I uploaded a video to Youtube over the weekend Um, the Seven Do's and Don'ts of trading in a small account which uh, hopefully you guys enjoyed. But for those who missed it, I will, uh, briefly run you through the Seven Do's and don'ts Number One: Don't swing for home run trades and don't put the entire account on way out of the money. Option contracts or penny stocks that have a 95 chance of being worthless. That's uh, swinging for a Hail Mary pass trying to triple your account or quadruple your account in one trade That is not realistic.

Do take five to ten percent basis. Small base hits Number three. Don't change a profitable strategy to accommodate the commission structure or fees of a broker. If you have something that works because you've traded it in a simulator, then you keep trading it when you go to real money.

Yes, with small size of 100 shares or 500 commissions will be a disproportionate percentage of the profit, but that decreases as you start to gain momentum. so you just have to keep locking up those small wins, Small wins, Small wins until the account gets bigger. Number Four, Do trade in a simulator before you go Live with Real Money. Prove that you have profitable strategy before you flip the switch and go live.

Number five. Don't use leverage or margin. If you don't understand how it works, it can be a recipe for disaster. Do fund the account with a little bit of a cushion.

So if you do have a red day, you know on your first day it's bad luck. But if it happens, then you can at least keep trading on the next day. You don't have to fund the account, you know and add more money to it immediately. And number Seven.

Don't expect to get rich quick with a small account. In fact, you shouldn't expect to generate really any substantial income in a small account in your first month. You're not going to generate a lot of income if you make a little bit of money. That's great.

More important than anything else, a small account. It's kind of like a prototype. It's a it's a test case. It's a proof of concept.

Do you have what it takes to make money? Do you know what you're doing? And if you do, then it's time to start thinking about investing a little bit more in yourself and maybe trying to fund an account with a little bit more money. because making a career out of an account starting with 500 is going to be pretty hard. It's not going to be realistic for most people. Now for someone like me who already had experience trading, I was able to start over with a 583 account and I was able to grow it first into 100 000 than a million and where it sits right now, I can check.

Let's see, I'll put it up on the screen so you guys can see. Um, let's see. So for 2021 and I'm probably one of the few people out there actually post my broker statements on the website, the 583 account has grown to 7.4 million dollars. My results, however, are not typical.

My experience trading is not typical and this challenge was not like this. I had only five hundred dollars left to my name and I funded an account and I'd never traded once in my life. The previous year I had made over two hundred thousand dollars trading so I knew how to trade and I challenged myself to see what I could do with a small account. But you should expect as a beginner trader that you will lose money.

So with that expectation you should be trading a simulator before you put real money on the line. and as I break down the watch list and perhaps take some trades pre-market I would also remind those streaming not to try to blindly follow me or anyone else. Trading is difficult and these stocks move very quickly. You need to understand the strategy before you just try to, but before you try, trade it at all.

And just blindly following people is not a recipe for success. So I see our Ph moving higher. You know, I'm uh, I'm not particularly, um, interested in this stock. and the only headline that I see.

Um, let's see. So the headline that I see right here, uh, is the inevitable tide turns on staffers. This was posted at 8 40 and at 8 40 A.m right here. it's about 8 37 that started moving up.

And so the news that I see right here. Um, what's this? Um, they're going to focus on one particular drug and they're going to cut back their staff for cost savings. I saw two-thirds of their staff or something like that, so I'm not seeing it. Oh, these setbacks, especially the latest, led to its stock free fall.

Now inevitably, cost cuttings by cutting staffers around two-thirds All told, it looks to advance its corporate strategy and put its eggs in the Npc basket. So I I don't. I don't know, I mean that to me, I'm just not really interested in that kind of setup and the fact is in that kind of catalyst typically. Now I will say that sometimes, um, you know a stock will be strong and it doesn't even have a catalyst at all.

But I we've already traded this a few times. We traded it on this day here on June 10th. Uh, and we traded it on this day here on the 16th. And now these days are getting smaller and smaller and smaller.

The volume is decreasing and every time it pops up it sells off. More so. And the Npc basket I think is a type some type of therapeutics drug that they're working on. So maybe this one.

I mean, it's obviously gone without me this much. I easily could have gotten in when I first saw it hitting the scanners and I did not. So I sat on the sidelines and I let it go without me. All right, that's fine.

so this is not going to be the one for me. All right. So our leading gapper this morning is Bsqr. and by the way, those of you guys getting tuned in on Facebook and Youtube please hit that thumbs up as soon as you get logged in.

It makes such a huge difference for the channel for you to do that. and if you share the video with a couple of friends, that would be awesome as well. All right. so let's see Um.

All right. So watch list today. Leading Gapper and this is this is our the software that I use to find stocks to trade. This is all part of what our students have access to.

Um, so at this point right now, uh, Bsqr has pulled back a little bit. a little pre-market pivot there 514 but it is pulling back a little bit So I I don't think that that one right now is, um, ideal unless it gets back above 5 14. C-e-r-e second leading gapper 19.45 So I saw, look at this from 16 to 23. That's kind of crazy.

That's a that's a big move. So anytime you see a stock that has those kind of candles, it tells you that this stock has potential. Maybe it doesn't do it again, but maybe it does right. So when I see a stock that's made a move like that, I always try to figure out all right what's going on with this.

So daily chart on this all-time highs are right around 1888. Something like that. This is a therapeutics company. Positive top line results for Cvl 231 and Phase 1b clinical trial and patients with Schizophrenia Dementia related Psychosis.

Interesting. Okay, so I find it interesting and we'll see how it looks as we get closer to the Bell. It's got a 35 million share float. It's a little higher than I would typically look at.

It's also easy to borrow, so you may see more aggressive short selling. It's not on short sale restriction, so you could easily just short right at the bid, which makes it very easy to go short against the stock. so there's a little resistance there. 20 which is the whole dollar.

Then there's 1978 on the bid, so about 20 cent spread right now. Uh, let me pull up. Oh our Ph someone says patent news. Um, I don't submit patent application Monday that was Monday.

Oh okay, I have one here. Um, granted U.s patent titled use of Hsp 70 as regulator. Okay, blah blah Okay, Okay so I guess that's the that's the news. Um, and then at 8 40 had that.

I'm usually a little so-so on patent news to be honest, but we'll see. so. Cere, Uh, you see how that just broke through 20 So you know I see something like that and it does make me think about all right. This is clearly that was a 50 cent breakout from 20 up to 20 and 50 cents.

But gotta wait for a little bit of a pullback. It's getting a bit extended. Your high is twenty three dollars. It's important that the first trade this is a really strong one and a good setup, especially given that this is easy to borrow.

Xcla is a 35 million shareflow a audio so hey, sorry aud, it keeps climbing on the daily chart. I mean, that's that's for sure. It does keep moving higher, but I don't know. It's not looking great right now.

pre-market Um, so my platform will show E right here. Easy to borrow E is easy to borrow. 50 means I can use margin on it, but only 50 margin Mrin I saw that continued yesterday. Made a big move after I stopped trading and then into after hours from seven all the way up to 11, so it may be worth watching.

There may be some people that get squeezed out at the open that might be short. So back over ten dollars is the level that I'd be interested in potentially. although right now it is kind of. So What happened to my volume weight? Average price on the five minute chart.

All of a sudden I'm realizing I don't have it. That's a problem. I don't know what happened there, but okay, so it's kind of right right at it. I'm going to save this layout.

Amc. What I had said before was that I like it if it gets over 62 64. uh, where it is right now. I'd like to see a break through this pivot right here of 64.71 it's moving in the right direction, but 6471, that's 680.

Those are the levels that I'm really interesting that are really interesting to me. All right, hang on one second. All right, let's see. Okay, Uh, so I got my tea.

So yeah, Amc, right? So that was the last one I looked at. So yeah, no real strong opinion on that one. Thank you guys on Facebook and Youtube. Uh, who have gotten tuned in? Small Account Challenge starts a week from today next Tuesday and I will not be live streaming during the Small Count challenge.

but I want to get you guys excited, let you know it's happening, and I'm hoping that some of you guys decide to join the classes the Warrior Starter or the Warrior Pro so you can watch me streaming next week. Yes, we'll be uploading uh, live? uh to the Live Trading Archive Small Count Challenge Yes, I'll be streaming for you guys. All right. So Bsqr? Yep, so that one's still Hmm.

Bsqr C-e-r-e So C-e-r-e What I had said is uh, needs to pull back a little bit. I'm a little hesitant on it. Uh, you do have high volume there on that green candle, which is certainly good. It's above the V web which is also good.

Your pre-market high was way up here at 22.99 and its all-time highs are. um, let's see, it's all-time highs are at 18.88 so that's good too. But uh, it dipped down there to a low of 1991 and when you have a really tiny baby candle like this one, it clearly shows some indecision. But it's holding 20 support.

so you could interpret this as a bull flag. Right through here with a breakout there and a breakdown would be obviously back down to 1950 and the fact that it's easy to borrow is throwing me off a little bit. Yeah, it's 34 million share flow. The only reason it's kind of interesting is because it's up 60 percent and it had that really big green candle from earlier.

but I don't know we'll see so. uh, Dbgi Yeah, I don't see. Well, the high from a couple days ago is 747, so I could put that on my radar. Dbgi as a maybe see, just drop down there to 1990.

the Uh 20 moving average on the one minute chart is around 1985.. Yep, I see that my orders are above the Ask, so I offset above the Ask. So if I want to buy at 20 and 10 cents, I'd put my order usually like 2015 or 2020. that makes it a marketable limit order.

Our Ph is holding up. I see that and agree. First five minute kill to make a new high. In terms of Gap, it's also 34 million share flow gapping up 18.

so not a huge gapper. Someone said there's a seller at 60 100, 000 share seller at 860. Is that a short seller? Is it someone that I mean has been holding long for a while? I don't know. Maybe it went as low as 584.

So if they sold 100 000 shares at 884, that'd be 300 000. But they're putting the order out pre-market so it's someone sitting here watching because you know you don't have like stop orders that fire. You know if someone just put a profit target from a couple days ago at you know, 860 that's not going to run pre-market That's only going to execute when you have regular trading hours. So someone has sat down here and said you know what, I'm going to sell 100 000 shares here at 860.

it's up 18. I'm gonna press the sell order so that's always kind of what makes me think who. What's that doesn't really even make sense. If I was longing that much size, I don't know that I would want to sell it right here because it's it's looking strong.

I mean, I'm not in it, but you know it's a nice pattern so it almost makes more sense. It would be someone trying to short against maybe the double top. I don't know, I'm just it's always a speculation because you never know unless you are that person and you can tell me right now you just don't know. Now you could also have it could be um, you know it could be someone that just puts out that big order and if it starts to execute, they'll cancel it.

But you're not supposed to do that. And if your broker sees that you're doing that type of thing, they can shut down your account So it could be someone trying to create resistance, which is an order spoof. But I mean, you do see it on some stocks from time to time. but brokers are pretty aggressive about shutting that down because you're not allowed to do those.

There's rules against it. Now there's a 24 000 share seller at 55. So the thing is, you would think that okay if it starts to break that level. If it goes 100 000, then 90 seventy sixty fifty forty thirty twenty twelve, ten nine, eight seven six five four, three, two one and then it snaps.

Usually that's what we would expect, but what sometimes happens is it snaps and then there's another hundred thousand shares at 61 that pops up right. Uh, and then it's a big flush, so it can be a bull trap and now often more often we get that nice snap. But it's not always the case so we have to be a little careful on that. But in any case, um, I just really.

I'm just really not crazy about Orph and I don't want to have a bias on it because you know if a stock is strong, I should put my bias aside and and trade it. And yet you know we've got this big seller clearly and the daily chart is kind of a mess. You know it hit a high of 77 is now you know, down 90 it's popping up a little off the low. I don't know, and I think it's definitely worth mentioning that this type of stock and a lot of the type of stocks that I trade, these are not stocks that you want to get married to.

These are not stocks you want to invest in and be holding for the next five years. These are small cap stocks that have are often like one one hit wonders. They have one day where they make a huge move and this one actually had two days like it. But generally they're not.

They're stocks that just go out of favor. And this is not a whole lot different from, you know, the move that you might have seen on Gamestop all the way up to 400. Although Gamestop is holding up much better. and it's because there's an actual company behind it that is a large company, that's you know, doing generally some pretty good things.

A lot of these small biotech companies they pop up because there's all of a sudden the speculation that maybe they've got something really big. You know, maybe they've got something that's getting these clinical trial approvals or whatever good clinical trial results. and then maybe they're going to get Fda approval. And so hey, this could be the moment that this company hits it big and then they could get bought out by like Pfizer or you know, whatever, one of these big companies.

And so that's what creates that sort of flurry of momentum and excitement around that name. And then you know reality sets in for a lot of them, that they're further away from that big payday than than you'd like. I mean again, some some continue higher, but but most do not. So C-e-r-e there.

um just did a little false breakout. I don't it's it's that's tricky. so we only have 10 minutes to the bell. I haven't taken any trades yet, I'm not sure you know.

I'm just looking for something that looks good so you can see if this pops back up off support the support levels there. at 88, it might pop back up off support um high is 65. So it's certainly possible at the Open that we do see a move on it. Given the fact that it moved up as much as it did pre-market it's definitely worth keeping an eye on.

It would be at the Bell where it could just surge through these levels and off it goes. So, and that would be similar to what we had yesterday on Alf Mrin. I had mentioned that I liked more over ten dollars sort of 988 moving a little higher. So those you guys on Youtube and Facebook if you want to register to my free day trading class.

this will help get you kind of pointed in the right direction for the small account challenge starting next week. There you go, post that there for you in the comments sleep. So generally I I just look at the top 10 or so gappers each day and then I may look at a continuation stock from a previous day. So like Mrin is a continuation stock, it's also in the top 10.

But even if it wasn't it would still be worth looking at. Iknx? uh is it could be a continuation stock from yesterday, but uh, it's got two dojis in a row on the daily. I think we need to wait for that to pull back a little bit. Um, so not sure about that one Bsqr alf continuation but was read yesterday so I don't see a setup on that right now.

Aud has continued higher, but kind of like Mrin right now. it's below the volume weight average price so it just the chart doesn't look quite right. 100 cara 100k the share seller now at 850 on orph. so someone's kind of walking it down a little bit so that uh, seller you could see right there 100k at 850 on Arca.

So they're moving that, moving that down a little bit. So with about six minutes to the bell, I don't see anything that I like right now. So hands off now. I was up.

uh, 30 000 yesterday. Yesterday was a was a great day. Um, I'll say again as always that my results are not typical. This is my P L on the month right now, so uh, up a little over three hundred thousand dollars on the month.

Sophie, I'll take a look at Sofi. All right. So I'm going to look at the stock. Let's see, I'm gonna check on my quotes.

Let's see, I'll see what what I think you're looking at there. Okay, it's a meme stock. The floats 800 million shares. so this isn't something that I would probably be particularly interested in for, uh, for day trades.

Maybe it ends up making, um, you know, making some moves, but I don't know this website yolostocks.live shows Sophie as um, real mentions but I I just I don't really look too closely at this. Someone shared this in the chat. These this doesn't really help me find ideas for trading for day trading. Am I going to day trade? Wish am I going to day trade Amc? Amazon? No, probably not.

I'm going to find stuff to day trade based on the the leading gamer the the leading gappers each morning. So it's leading Gappers that I'm looking at. Leading Gappers and leading gainers all right. About three minutes to the bow.

Uh, Xcla? Uh. 35 million share float, Two dollar stock under the two? Well, it's going to be above the 200 on the Gap. Over 250 might look better, but it is a former momo stock. You have this little sort of back to back two days where it went from 233 all the way up to eight, so you never know it could get some momentum.

But this one's also got big stacks of sellers at 22. You know, all these sellers stacked up, so I probably wouldn't go for that one right now. C-e-r-e high of that false breakout shows at 65, but I didn't even see it hit that high. so I don't know.

but this one is still worth watching. Over 20 dollars and 50 cents and then 21. just a little less momentum today than we had yesterday. So our leading gapper is Bsqr gapping up 63.

So this one is gapping up 63 this morning. and it's got 13 million shares of volume over 13 million shares. It's 11 million share float, but it's below its pre-market pivot of 514.. Cere is gapping up 60 with 2.9 million shares of volume 35 million share float.

It's a Therapeutics company all-time highs, so it's gapping into all-time highs 1888 if it's sold off, could be a bounce support off of that previous high and then a curl higher. Or we could look for a move through twenty dollars and fifty cents, up over 21 and then to 22.99 possibly back of mind. Target: Uh, it's actually the leading gapper right now. It just switched places with Bsqr.

uh ex. sorry. Xcla is up 49 38 million shares of volume a little cheaper. Cnsp is a little cheaper as well, but it's up 32 percent.

Aa Aud is up 29, Mrin is up 25. So we've got a few gappers. I'm gonna watch C R C E R E and I'm gonna watch uh Mrin. Those are the two that I'm gonna have on watch, but I think we have to be careful about a bear a bull trap on Cere, so I'll probably be pretty quick.

It's a little extended here, but we're coming into the open so a little dip there is it going to break 22 or 20.. Quick long there. So bought the dip. Now over 75 is an ad so you can see how that's a false breakout.

So it's a 5 000 loss. Just like that, I jumped in for the break and it did a false break. Well it hit a high of 20 60 but then reversed immediately on me. so I'd rather cut the loss fast which was the right move then hold for a bigger move or try to average down out of it.

So my max loss is 10 000 on the day volume weight average price is at 9 13. as a reminder, day trading is risky. Easy come easy go. Just like that it's gone.

Gotta be very careful. Mrin is dropping a little bit too much. so sofi. very similar.

It rips and then reverses. So my first trade is red. I always try to be a little careful looking in for second and third trades. orph.

We knew that we had a big seller there at 60 and I told you that I was hesitant on it. Another seller stacked at 65 100, 000 share seller at 70.. So someone is selling into this move now. Maybe it goes higher, Maybe they get squeezed out, but I'm cautious.

C-e-r-e back in looking for 21 dollars. So C-e-r-e watch the break of 21 added right there. Now looking for 21.50 So I'm going to hold this. We've got a red to green watch the dip adding right there at 20.

One first one minute pullback and now we're looking for the break through 21.35 up to 21.50 then 22.. this is now looking good, so watch cere right here. Diptrade. This is a 10 second micro pullback, so let it pull back and then we'll get that curl up through 20 21.50 and then 21.75 for 22..

watch over 50. see the one minute chart, see how we're curling right there. there's 47. we're looking for a little bit more than that.

adding at 35 right there. Looking for the break through 2150? I want to see 2150 2165 2170 Took some profit off the table. Sizing down that was a ten thousand dollar winner. New orders at Twenty One Fifty.

So I went from down five thousand to up five thousand and I'm adding right there forty seven and taking some off the table at fifty one. Cost Basis has moved up reducing my size. Taking profit high of that candle is 85. New order goes to 22.

22.99 was our pre-market high. Okay so we got a nice 10 second micro pullback right here. that was picture perfect. Now we're going to look for an and right in here.

Now we're going to look for another one right in here. We still haven't had a proper one minute pullback. hi this candle. Look at that.

Taking a little more profit off the table. Now there's a halt up at 22.85 This is a little risky because it's right at its pre-market high. It's almost a double top. I'm going to watch to see if the halt level moves up.

If the halt level moves up. I'm a buyer watching bot right there. At 85, halt level is going to move up here in just a second. Added right there.

halt levels moved up. So now I'm looking for the squeeze up to 23 to watch here. This is the pullback. We're going to look for the break over 22.85 so I'm going to add at 65 and 75.

and then the break of 23 is what we're looking at next. Added right there 49. There's 75 adding at 75.. Now looking for the squeeze through 23.

So I want to catch that break of 23. it should break here, but no sizing down to just 300 shares stopped out. The rest still up 4 000. On the day we're at a double top, I'm going to let it pull back.

The low of that candle was 21.56 added 63. Bought the dip, try to catch the pop back up over 22. looking for the break of 22. add it to 81..

So I'm looking for the break back over 22. let me move my scans here. There's a seller at 81. sold the rest.

For now, we're going to be looking for the first 1 minute candle to make a new high high. This candle is 22.40 High day is 85. new orders at 23. that looks like a false breakout.

Low Back down here is 21.56 Maybe we need a 5 minute setup on this now. Diptrade 2205. Just small size dip 2 000 shares. see if it pops up to 22.25 It seems like it's holding an ascending support line Took a little off the table there 2248.

so all out for now. selling it, let it pull back. Hi This candle is 22.75 New order goes to 22.75 Notice that we have this yellow ascending support line right here. Over 22.50 is the next possible trade.

I think it's better to wait for the next trade to also correspond with a five minute setup that we that way we have multi-time frame alignment but I'll take a starter at 97. I'm trying to buy the dip off that yellow ascending support trendline. I think I have to do it. Then over 2225 and 2250 would be ad spots.

We have one minute left on this candle and then we're looking at first five minute candle to make a new high added at 2220. So starting to scale in. I'm going to look for the break through 22, 45 and 55. As we start to curl, see how we're getting this one minute curling pattern right here and we're going to look for the ad over 2250, 22.75 and then a test of 23.

added right there 24.. So starting to kind of leg in first 5-minute candle to make a new highs in 15 seconds. So we're coming in right now to the first five minute candle to make a new high multi-time frame alignment adding at 49. Now looking for 65 75 so my ad is at 65 75.

There we go and when we get the break of 23 taking a little profit off the table just in case we don't new orders at 99 to add watching, I'm tempted to dip trade this added at 52. Bought the dip looking for a retest of 23. this is a 10 second micro pullback so over 88 is my next ad for the breakthrough added right there. Nice.

So there we got the break through the high. That puts me up 14 000. Is it going to be a false breakout? We'll see. The high was 55.

I took orders out the on the ask into that breakout ascending support. The yellow line is right here so I bought the dip off that yellow line. We got the breakout higher up to 23.55 I'm sizing down and I'm gonna sell the rest there. for now, it's a lot harder than it looks Leds and there's a possible trade over 22.

23 is the daily level, but I see it starting to move up. The problem is the spreads are big right now and there's no news on it, so this would be a no news light volume, higher risk trade. Even higher risk than Cere. The daily level of 22.99 is what's most interesting.

Jay-z Xn is hitting my high-demomo scanner. Looks like there might have been some news on it, but I don't like that daily chart. C-e-r-e is back at 23. high is 23.55 Now remember, this is all-time highs for the stock.

This is a blue sky setup. Watching the high of this candle was 23.20 So what level would we need to break in order to start to squeeze out really short sellers? I'll add right there I'm thinking 23.50 So I added at 33, I'm adding at 40 and now I'm looking for the squeeze up to 24. As this starts to ascend higher, it's going to force short covering on the break through the half dollar. Looking for the break of the half dollar dip trade added at 45, there's 55.

There's 67 taking some profit off at 55 New order. The high of this candle is 65. New orders at 65. Diptrade 29 bought the dip.

There's 48 taking profit off into that breakout. The new high is 60 is 7.. what is it? 75 New order goes at 75 and then I'll look for the break of 24.. if it holds, the half dollar needs to hold the half dollar.

Adding a 53 right there. it's holding the half dollar now looking for 75.85 So holding right now. looking for the break of 65 and 75. Cutting the loss at 40 39.

Small loss on that one. It's my second loss on it. I'm going to let it pull back down to this yellow ascending support line. Although if it breaks over 75, I would just go long.

So I'm a buyer over 75 or I'm a buyer around 23. those are the two places I'm interested. Aud is hitting my high demo scanner as well. Added at 75 right there.

looking now for the squeeze up to 24, there's 80 over 95. would be my next ad added right there. At 90 looking for the squeeze through 24 and then 24.50 we're starting to get into parabolic momentum here. right there.

we're looking for 24. and 50 cents. and then 25.. I'm not selling this yet.

I'm looking for the squeeze through 24.25 24.50 Once it starts to ascend and move faster. Watching the Ad 2410 As soon as I see 2405 2410 print, I'm going to be adding for 24.50 adding right there, looking for 24.50 so it should have broken immediately. and the fact that there was a 20 000 share seller 2401, I had to stop out and took a 3 000 loss. Now I'm adding it 56 for a Dip trade and then a retest back of 24.

I still think it's bullish. I still think it's strong. So looking for the pop? we're on the yellow ascending support line. There's 23, 48, 23, 44.

Yeah, I got to cut it. So up 12 000. Aud halted. I'll keep that one on watch on resumption, Cere, I'll keep on watch if it can break through 24.

I would also be considering dip trades, but that broke that yellow line. So I was up at most 16 000, gave back about three or four thousand off the top. Thirty five hundred. I thought we were going to get that break of 24.

Then 24 50 25 start to really ascend and move faster. Didn't get it. It was worth a try. Celc on my high day Momo scanner, it's a gap down reversal.

I'm not interested in that right now. Um, I probably would Chris with 100 shares Mrin Cere One of the problems is that the five minute breakout was a little premature that Dip trade that I had off of ascending support. I was looking for the multi-time frame alignment the first five-minute candle to make a new high, but it broke just before that five-minute candle closed, so it just became continuation of three big green candles in a row down here. Now, you're going to have resistance at this yellow line, right? So we've got this yellow line that is an ascending support line, but it's going to now be resistance.

Aud, it's pre-market high is 8.87 This one's a little lower price. This will be probably a little, um, maybe a little easier with the spreads than C-e-r-e C-e-r-e I'm gonna leave an order at 24. if you can get back above that level that that yellow line, but see, it's still below it. Now for the most part, all these trades today have been base hits.

Hi this. Five Minute Candles 2368. you've got about one minute to resumption on Aud, So biggest Loser was five thousand. Biggest winner was ten thousand.

About uh, 10 seconds to resumption on Aud and it's showing a resumption of 855.. So that's a high resumption. I'm going to put an order at 880, which is the pre-market high. I'm going to look for a dip and then a Rip Long there.

Looking for the dip and rip. Can we get the break through Nine Holding Adding right there for the breakthrough. Nine Taking some profit off the table. That's a four thousand, six hundred dollar winner with twenty thousand shares high.

This candle is nine Fifteen New order While watching a dip trade added at Ninety 96 Looking for a break over 9 15. there's 98. There's nine. We want to see the break through 9 15.

we're starting to get a one minute setup, so watch this over 98. There you go. There's 910 taking some off the table there holding smaller size high is 15 Looking for another dip trade added at 77 and 81. Bought the dip again.

Now looking for the second attempt through nine. so I just keep buying those dips. This is clearly showing some nice strength. Nice on Cere 24.

Oh, you got the breakout. So now the question is opportunity cost Which one I just made 6 000 on Aud? I think that's more than I probably would have made on Cere, I think. so maybe not. but I think so.

So the high on Cere now is 2468. Can I buy the first pullback after this breakout? Maybe I'll do a dip at 28. So I'm buying the dip on Cere and I'm looking for 25 dollars. So I'm going to try to ride this momentum up to 25 because what you see is this first five minute breakout and now momentum is probably going to pick up.

There you go, there's 75. How much higher is it? Go? There's 75, 72, 68 added at 85 Looking for the break of 25. so a little bit of a reversal there. Let's see where it bases out.

Diptrade at 44. Bought the dip looking for the retest of 75 and then 25 dollars. No, I'm going to cut that one so ended up giving back another thousand dollars there. Aud pulling back a little bit.

The low is 42 up 18 100. Nice break though. Bummer that I missed that so it really just got right through that yellow line. I'm going to delete the outline since it's been broken twice now, so Aud made sense on a halt resumption to trade that I made half as much on that as I made on Cere, but I I made it with kind of a lot less stress and risk.

It was super strong. moving up quickly. halt resumption. It's a good trade.

Cere, It's just been wild. I've had some good trades, but it's been a little wild. First one minute kale will make a new high here. 24.50 Sure, that's interesting, but that last trade you know I lost money on.

So I've now had a couple red trades on Cere. Dbgi is also a blue sky setup. Uh, its all-time high was 747. it's a little ways away from where I kind of want it to be for a good trade, but I'll keep it on watch.

Pre-market high was 688. I kind of thought C-e-r-e-e might go into a parabolic move there given that it's a blue sky setup, but it just kind of ran into resistance so well. It's got a bit of a double top here 9 14. but it is all-time high, so we'll see how it bases out.

Support is clearly at about 8 40. C-e-r-e first candle makes a new high there on that candle from 30 up to 49. So you got potentially 20 cents if you took that first candle to make a new high trade. but it's higher price, it's extended and then when the bottom falls out those look at that.

look at that man. So that first candle will make a new high so it's 25. But then look at the bid, it's 24.60 So you got 40 cents 62 now 56, 52 40. So then that becomes very hard to trade.

You get the break. but unless you're selling on the ask into that move, you wouldn't have gotten profit on that So I could have very easily taken that trade and added for the break of 25 and then not sold any because I was looking for 25.50 and all of a sudden now we're back at 24 18 and I'm down a dollar a share. There's 24, there's 23.90 That's a false breakout. So yeah, the instinct to hesitate on that was the right one.

Dbgi. Uh, this one's moving up a little faster. so it's double topping against its pre-market high with the 10 000 share seller at 90. we know it's all-time highs back up here: 747.

we're not far off from that. I'm going to take along at 95 on this. I'm going to try to ride this momentum over 710. I'm adding added right there at 7 10.

I want to see if we get the squeeze into a halt because if we get a squeeze into a halt right here, we're going to get Blue Sky setup. So I'm holding right now on this for the Blue Sky setup and I'm going to add over 750 on resumption. This to me is a really good quality setup. So new order and there was a huge bid right there.

So new order. I'm gonna go for uh, 750 ad. So I'm looking for 750 ad on Dbgi and a squeeze up to eight all-time highs. Meanwhile, Aud watch this one as well.

Long Aud right there looking for the squeeze through 9 15. Hi a day watch this 9 15 and we're looking for 9 25. 9 10 is the ad spot on Aud. I'm going to hold for the break through 9 15.

Diptrade bought it at 84 on Aud looking for 9 15. This is a nice five minute setup as well. So we've got two stocks looking good here. Watch over 910 910.

There we go: 903 adding at 903, I'm looking for 904. 905. this is a 10 second micro pullback right here. Then we're looking for the break through 9 15, 9, 25 and up to 9 50.

blue sky setup. So we've got two really good looking setups here. I'm going to let the one minute set up form and then we're looking for this to squeeze through 915 925 Watching for dip trades First, one minute candle to make a new high added at 95. we're looking for the break of 905.

there's six, there's seven. How much higher can it go? 9904 holding 6000 shares, First one minute candle to make a new high. It's what I'm waiting for sold for right now. I'm going to put a order to do a dip on Aud bought the dip at 88 and then I'll look for the pot back up to 90.

to 9. Still looking for the first one-minute kill to make a new high? Meanwhile, Dbgi we'll be watching this on resumption. order is ready on this one to add and looking for a squeeze through 950 and then break 947 and then eight dollars aud added. Right there.

There you go Aud Very nice. Nice break Taking profit off the table into that breakout reducing size. We've got about a minute to resumption. on Dbgi.

These are both blue sky setups. Dbgi is showing a 749 resumption. Good work on Aud. Very clean.

I wish I hadn't Uh, dipped down there. So Diptrade long bought the dip. Anytime we get a flash like that, I buy those dips. Nice dip trade so that's fine.

Took some profit off the table reducing size. Now watching Dbgi on resumption, we've got about a minute to resumption. I'm doing another dip trade on Aud. Bought the dip again, looking for the pot back up to 850.

these are irrational sell-offs. I consider them to be irrational because there's no reason for it to drop that much. Nice. Another nice little dip trade taking profit at 34.

Dbgi watching for resumption and gonna break a 47.. All right. so Dbgi, we've got about 30 seconds to resumption. We're looking for the Breakthrough 750.

orders at 7.55 So on this one I'm going to look for a dip and then a rip. The Breakthrough: 755. watching here. All right.

Watching dip and rip added right there. Now looking for the Breakthrough: 50. taking some profit 38 Diptrade 19 Added Can we get the break of 750? Average is 16 holding 1400 shares bought at 703 Looking for 7.25 average is 7.05 Taking some profit 7 15. adding 710 There's 724 looking for the break of 720.

Stack of sellers there took some profit 722 Now looking for the break through 7.55 Hi this one minute candle is 29. New orders at 35. Added 26 right there. Now looking for the curl and the breakthrough? 750.

watch the break of 750. so we've got 33 on the ask. We're looking for 45.55 Sold that for a loss and Aud Diptrade at 7 on Dbgi out at 704, 707, and 711. Aud, I'm still holding a small position.

Bsqr is hitting my high demomo scanner Bsqr uh to break a Vwap setup but 514 was our daily was our pivot so I'm not sure if we're going to get that break. Bsqr Diptrade at 65 bought again trying to catch the pops back up. Uh, sorry. So all right here's an example where I myself confused I replaced so that was actually just a trade I took on Bsqr for 176 dollars.

I was looking. I had Dbli in that in this window right here and I switched it to Bsqr and then when I looked at and I saw 6463 I thought oh Dbli just did a big dip. I'm going to try to catch the dip, but I was actually buying Bsqr so that speaks to the challenge of trying to trade multiple stocks at the same time and that risk of getting confused. And that's happened to me before and it can be a problem.

All of a sudden I'm jumping into a stock and I, I'm looking at one and thinking it's the other. So Aud, that was. Um, that was okay. We did get a little chop there on that false break.

Nice breakout trades though for those willing to take those types of trades. And if we just look at these stocks across the board. Aud: 30 million. Nearly 30 million shares of volume right now.

So my trade was 20 000 shares on the first trade made four thousand bucks on it. Cere coming back up towards the high this one. It's a five minute setup. First five minute candle to make a new high.

It tapped 25. but like I said before, there's a lot of risk on this one. Uh, I have to be very quick on it and with smaller size I think Aud, I have a stop at 790. And Cere, I'm not sure that I'm willing to take the risk of this trade at 25.

it's so. here's here's something that we're having an issue with. We have a divergence where we're seeing decreasing volume on the five minute. Yes, there's an increase on the one minute for sure, but it's a decrease of total volume on the five minute as we break higher.

That can be an indicator of a possible reversal, so I'm gonna sit tight for right now. So a wild morning, Aggressive four stocks I traded C-e-r-e Dbgi aud Bsqr by accident from down 5000 on the day to up 5, 000, then 10, 000, then 14, then 16, then up only 12. and then I kind of lost track and now it looks like I'm up wherever I'm at now. So the high there is 25 24.

It flashed that high, but man it's tough. Back at 24.60 on the bid. Dbgi was a good set up but basically forms a double top. At 47 it broke by only two cents and then there was a big seller at 50.

when I saw that big seller, that immediately the instinct is to take the profit off the table. so I took the profit off the table as soon as that big seller was there on the level two. But I did add on the dip and the rip and we got that nice dip and rip up to 50, then back down, then back up to 45 and then down here to 83 and Aud Diptrade at 93.. I'm going to try to catch a quick pop back up over eight, but uh, it is below the V web so risk is a little higher but got out some profit at 801 and I'll sell the rest there at 96..

So the longer you trade, the more you study these patterns, the more you watch level two. you know the more you'll understand. uh, momentum trading. but I I think you could probably tell for those watching on Facebook and Youtube that it requires a certain aptitude to be able to trade like this.

And that's you know, trading in general requires an aptitude that many people don't have. Trading is very difficult. Most traders lose money. But for those that have the aptitude and for the ones that that I for my students that are 100k members or who have made over a million dollars, they all share the same aptitude that I have an ability to make very quick decisions, a willingness to take at times high levels of risk.

Mrin is a break of V-wap Although the pre-market high, it really needs to get over 10. So in this area I'm kind of not that into it. It's not high enough. it needs to be hitting my Hyade Momo scanners.

I use a Momo scanner which is very similar to what a lot of traders use it. searches for stocks moving quickly, but it looks for stocks that are at high a day and this isn't going to be at high a day until it breaks ten dollars Now all of a sudden just like that, so this is forming a red to green move. I'll take a quick long there at 88 for the breakthrough 10 because just like that. Um, so now watching uh Mrin for the breakthrough Ten dollars, I'm in 85.

So let's see if we get the dip and then the curl through 10. add it at 75. Hi, this candle right here is 94.. So Mrin now is hitting my high day momo scanner right now.

it's back back in focus. So I'm going to look for the break back over ten dollars on Mrin or back through uh, ten dollars this morning. So let's see, I want to see 88 and then 89 90, 95 and then that popped through 10.. this is the 10 second candle right here.

10 second candle to make a new high is going to be over 80.. So adding right there at 79 to anticipate that breakout through 80. there's 80 on the ass. There's 83 82, reducing my size to 5 000 shares down 200 on it.

So I averaged down from my initial entry, reduced my risk by then getting out three quarters of my position at break even, and now looking to see whether or not we get the first one minute candle to make a new high, and then the confidence for me to add back. So as it turns out, I could have just and should have just added it 950.. you know, when you have a strong market, sometimes you get reinforced just to chase stocks and it's not the right move typically. But in a hot market it seems that it works, so it would have worked on this one.

I'm just gonna sell the rest of it. So a thousand dollar loss on Mrin. I just chased that one a little too high. Cere: It's a cup formation, inverted head and shoulders.

I was thinking maybe we would get a little parabolic squeeze through that level as it hit high demo scanners 10 resistance. but I don't know. I'll leave an order at 10. Could maybe come back to it.

Cere had a high there, so Cere is doing a flat top breakout pattern. There's no doubt that that's what that is, but it would be stronger if we get a five minute pullback before it breaks out. So watching Mrin and watching Cere Mrin pulling back a little bit more, I think Mrin needs perhaps a five-minute setup as well underneath. Ten dollars C-e-r-e See how it's kind of flirting with that level of 25? 24.

See, it did a false break out there again. it tapped it and then pulled back. So that's going to remind us that the safest entries will be dip entries. Mrin on the other hand, lower priced, comparatively high was 94.

needs to break back over 80. I think if it breaks back over 80, then I think we'll have a better shot at a break back over back to 10. Hi, this candle here is 71. So my order on Mrin is at 90, but it's a limit order starter at 66..

I'm looking for the first one-minute candle to make a new high on Mrin, and now over 80. like I said, would be my ad for a retest of 90. So it's popped up there just a little bit. First, Kale made a new high up to 75.

I'm in at 69. C-e-r-e I'll keep on watch as well. All right, I'm going to cut it and I'm gonna shut it down. up.

28 799. I think that might have been three losses in a row, but it was definitely two. All right, so that's my day. Twenty eight thousand, seven hundred, ninety nine, down a little bit off the high of around 31 or 32.

uh, gave back 2500 on Mrim. Just choppy. Maybe it ends up working, but I'll just be grateful for what I've got today. A little bit of a choppy day, especially starting in the red and then recovering the green.

As always, a reminder for those streaming on Youtube and Facebook, my results are not typical. Most traders lose money you should expect. You will also lose money and with that expectation in mind, if you want to practice trading, do it in a simulator or your pro students and students who are taking part in our challenge, our small account challenge this coming month you'll be doing that in the simulator. so starter and pro students will have access to a simulator so you can practice trading real-time market data side by side with me.

But you won't be risking real money. that's important, so I'm sure something will go without me today. but I'm going to walk away with money in my pocket grateful for another green day, and I'm not going to overstay my welcome. All right.

So I'm going to do. I'm going to put up my disclaimer here for those on Youtube and Facebook and those in the chat room will do our recap in just a moment. You.