All right, good morning everyone! So it's about 9 a.m I'm looking to see if we get any fresh news here this morning. We've got some continuation. Uh, Indo is a bit extended with a 10 000 share seller at this double top, so a little extended on this one. A little bit of a false break out.

there. volume increased, but then kind of decrease as it was topping out up here. So Indo is worth watching, but I was sort of hoping for fresh news. What's been really hot recently as you will probably recall, our recent ipo stocks ispo recent ipo, right? And a huge move.

Uh, on Friday from 36 to 71? I mean unlike volume, but really impressive. So this one, I'll keep the level two up on it just to keep it on watch. It needs to get over 5560. Angh.

Another recent ipo. Huge move. So the this is the type of stock that I really want to be focusing on or are looking for. I see the most potential is going to probably be on a recent ipo or a recent spec that merged into a a company.

So that's uh, the type of stock I'm going to be watching. Typically it's going to be pretty close to Blue Sky, so all-time highs. Usually we prefer a somewhat lower flow. But one of the things that can be nice about ipos Uh, is that there's a lockout period, so insiders can't sell.

Uh, they can't sell right away, so you're gonna have as much selling. You're not gonna have a history of bag holders. It's not a stock if it's a recent ipo that's been selling off for two years or whatever. longer, maybe often.

shares are very expensive to borrow or impossible to borrow on an ipo. So what you end up having on a strong ipo in this market is a strong imbalance to the buy side. And that imbalance between supply and demand is what creates those big moves. And that's what we got on Ispo and Angh.

So worth keeping an eye out for that type of setup. Indo is a somewhat recent ipo. You know from 29 2020 it is Blue Sky. It is at all-time highs.

However, each time it's come up to these levels, it's been marked by a red candle. So it's all-time high. Technically is 1447 of regular trading hours, but a pre-market the other day went to a high of 19 almost 20 up here and so I thought that probably there was some swing trading to the short side on this off that topping tail as it came back down. and it was pretty choppy that day.

and it was pretty choppy. Uh, you know, on Friday it did open up a little bit and then right here 4am, a big squeeze from 12 up to 16.50 Now it's kind of hanging out a little bit above the V web, but below it's sort of critical level. There's a point of control on these types of stocks, and if it's above that point, it starts to be really, um, it's it's kind of like a boiling point in a way. you can.

below it, things are simmering, you're getting some action. But above it, things get really, uh, impressive. And on this one, 15, we want to see it hold above 15 15.50 and we want to see it get above 1615 this pre-market level and then 16.50 and then you start looking back towards the high back here. and I, I really, I don't think that it's going to get that high.

I just don't But I'll let it surprise me. If it wants to open up and maybe there'll be some good opportunities, we'll we'll see. Um, so yeah. um so 16 15? This is so this is kind of our level right now.

We're working with um, you could, yeah, probably just keep this one on watch. Um, not much news at 9 00 a.m So kind of nothing really fresh. There is a recent ipo my N A uh gapping up 14 15. but look at the daily chart.

it's so ugly it's been pulling back and because of that pullback, it's going to run into resistance coming back up so it's not as strong of a daily chart. Unfortunately, I want to remind folks, especially on Youtube who are tuning in. as always. In case you didn't know, trading is risky.

Most beginner traders do lose money and my results are not typical. so please take it slow trade in a simulator before you put real money on the line Warrior Pro Students as part of the Warrior Pro curriculum. We have Uh, towards the end of the Warrior Pro classes, we build out a trading plan and then we want you practicing in the simulator for 90 days before you put real money on the line and you should be not trading the real money until you've proven some degree of profitability. It is however, important to start putting real money on the line because you need to start the emotional conditioning that comes with trading real money.

Overall market conditions We have the everything going on in Eastern Europe. Uh, it's caused a big sell-off and then a big bounce the last two days we're back down here. Uh, not trading. uh, Russian stocks? Uh, today.

or uh, in general I I typically don't but we, you know, we've traded Chinese stocks. but Russian stocks have never, in my years of trading ever really been particularly, uh, popular. But right now we're not trading those and several of them are halted anyways. So uh, that's fine.

It just is what it is. Uh, but Indo and Imp? these are energy stocks. So some energy movement right energy sector going up with concerns about the gas pipeline and things like that. But of course, Indonesia Indonesia is very far away from Ukraine, so I'm not sure that, uh, or in Europe in general, I'm not sure that that's really going to make any difference.

Uh, but whatever. let's see. uh, what else do we have? Um, so uh, yes. Sky H.

This one which is extremely difficult to type for some reason. Uh, I typo it. Uh, almost every time Sky H Sky H, they should consider a symbol change. Its high was 1593.

This is a recent ipo and is a stronger stock chart. however. uh, it doesn't have really any volume. It doesn't have any news, so that's you.

know that's what it's kind of lacking. Uh, if it starts to open up, then sure. And it did open up a couple days ago and it's held up relatively well, so it's one to keep an eye on. Keep it on the side chart right next to Ispo Ispo is still on watch.

It's still holding up relatively well, so it's worth watching in case we get another one of these big moves. Tdoc Yes, higher priced, easy to borrow? I? I don't. you know. I I try to be a little cautious on on these that are higher price because at this range, um, especially when they're easy to borrow and it's 154 million share float.

I mean, you could have an insider. That not an insult. Maybe an insider Or um, a long-time hedge fund holder that says hey, let's let's go ahead and unload 50 000 shares and just get these huge candle wicks. Yeah, I see the news.

Um, Amazon, Teledoc and Amazon teaming up to launch Teledoc on Alexa? I mean, it sounds interesting, Um, but I just don't want to get too. Um, you know, sometimes you can get a little bit of a fundamental bias. it sounds really good and then you justify buying it 10 points above the initial breakout. so I don't know.

For right now, I'm just going to leave it alone. We've got about 22 minutes to the opening bell. Let's say Indo is it 1497. so the View app is at 1457.

so that's good. That's holding above the V web. pretty light volume during this consolidation. So you see you have these bursts of volume and then the volume just is gone.

High back there's 15.05 Let's see, the current time is 909 and about 45 seconds. Which means our five-minute candles are getting ready to close. This one has a high of 502 on Indo. I'm going to take a quick trade there to anticipate that five minute candle doing a bottoming tail and I'm going to add over 15 10..

So my thought on this 1508 1510 ad adding at 8 there. Now let's see if we get a squeeze back to 20s. My average is 97 and I'm just gonna go flat on it right away. A thousand bucks.

I'll add back at 15 15.. So this is just base hit trading. The high there was 15 14. I added a 15 10.

it didn't rip immediately back to 15 20. so I just got out. That's fine. I'll take the small base hit.

Breaks the ice with the first trade of the day. Not the best trade, but first trade of the day. we need to break over 15 20 The high. This five minute consolidation, I hit the bid.

Yeah, when it couldn't break up when it didn't open up there on this, pivot faster right to 15 19. I hit the bid. I tried to sell the Ask. I filled 700 shares on the Ask and then flipped and hit the bed.

Not interested in dip trading. If the first trade isn't a decent win, I'm just gonna leave it alone. For right now, it is hard to let your winners run in a market like this. Uh, especially when you're trading below critical levels 15 50, 16, 15.

if we start getting into those areas, it's gonna be a little easier to let the winners run because we'll be getting into real breakout territory. But not yet. Letting a winner run is another way of saying holding it a little longer. My mulln is too cheap for me, so no interest in that right now.

Look on me. angh. Well, I don't think it's going to move if Ispo doesn't move. I think they're too tied together similar to the way acy and rhe were tied together.

A reminder for those on Youtube Today is the last day of our uh President's Day sale. So if you haven't checked out the President's Day Sale. make sure you check it out. We'll be ending today right? You're right, Rob.

So Jess is very patient and he's going to be just sitting, just sitting and he's ready to strike. He's actively watching. I'm sure he is. He's waiting for something that fits his criteria and looks good.

I'm sure something like Sky H he would love if it started to pop up or had news with this. This is the type of setup and and he's got the discipline to wait for those high quality setups. And you know in the long run it's it's the probably the better way to do it. I probably trade 10 times as much and half of those trades or 30 percent of those trades are digging myself a hole.

the other 30 percent are recovering those losses and then you know. the rest is I guess profit. But I'm just you know, guessing. But over trading does not always pay the bills, probably never really pays the bills.

So yeah, so just you know. I and I certainly follow the lead of other traders that have profitability badges and try to think about what they're looking at, what they're doing and keep an eye on stocks that they're mentioning you Over trade. Yeah, over trading. So I think the problem is that over trading over trading can very quickly roll into that kind of borderline very aggressive borderline gambling mentality of just going for one more, one more, one more to try to get back to Green and things like that and you have to be really careful about that.

Limiting yourself to the number of trades you take and having the discipline to you know, keep that limit in place is is important because you know there's people that can come into the market and they can just throw away their money. They can gamble, they can have zero strategy, just keep going in going, All in Amc, all in um, you know, Nicola, all in Tesla, all in Whatever. Everything's always all in and it's just hoping that one is a big big win. But for the way that I trade, there'll never be a trade that I can retire on because I don't put enough money on the line.

I don't take enough risk. Yeah, a thousand bucks. All right. That's great.

Maybe a good day. A hundred thousand dollars. I'm not gonna retire on a hundred thousand dollars, so you know I'm not. I'm not pulling down, you know, five ten million dollar winners.

It's just not. If I was gonna do that, I would have to be taking millions of dollars of risk and I'd have to be very comfortable with taking a million two million dollar loss And I can't do that. I can't do that. So you know, I have turned 600 into over 10 million in gross profit and I've done it over the course of five six years.

Relatively slow and steady, and my best path to getting to 15 million is going to be to keep doing the same thing. You know, sure, I I. If the market does heat up a bit more, there'll be opportunities where I can take more risk. I did take more risk during 2020 and 2021 and that paid off.

but still, you know, within reason, my biggest red day was 275 thousand dollars and that was pretty painful. My biggest green day was 475 and that was pretty nice. I don't I. I just don't see it being likely that I will top that big green day anytime soon.

You know, a stock like Ispo in theory is the type of move that I would need to be able to, um, you know, make 4, 500, 000 or a million dollars. The problem on this one was that the volume was light and the spreads were big and so I never was able to size up in a big way. And I haven't left enough money in my account from the 600 to 10 million dollars to be able to. You know, buy two hundred thousand, three hundred thousand shares of a stock like this.

But on the day it made its big move, it was only 12 million shares of volume. Relatively speaking, that was pretty light. You know, Gamestop on the day when it made its big move. Just look at how many shares of volume it was 200 million, so you know, 20 times more volume? That's better.

liquidity. It's huge. That's huge. Reminder as always that my results are not typical.

Most beginner traders do lose money, so make sure you take it slow. Nice. On uh. Tdoc Teledoc.

I'm not taking questions on Imp. it's I mean, I just don't have any real opinion on it. Uh, the level two. It's stacked.

You can see it's stacked. lots of sellers, so I'm just not watching very closely. It's coming to approaching a double bottom indio. Uh, let's see.

So if we're going to be bullish on this one, it needs to break over this high here 1520 and rip to 1550. If we're bearish on it, then we're looking for it to what happened. I lost my view app somewhere along the way. Uh, if we're going to be bearish on it, there it is, then we're looking for it to break below.

Uh V Wap, which is it right now? 1461. I think it. I I don't really have a lot of confidence in it. I mean, I don't mind taking a couple little base hits if it starts to open up, but so ispo.

Let's see this one. You do have the bigger spreads right now. The levels from yesterday. A couple topping tails there so it would surge up and then pull back.

It would surge up and then pull back. We'd want to see it get over 60 bucks. Uh, Cptn from last week? Yeah, so you know you could get dead cat bounces on these now. This one came all the way back.

It went to 80 and came all the way back to 14.. So I think that the better approach is to wait for the next one rather than try to trade the back side of the Cptn move where shares are probably now more accessible. or some people may have already reserved them or whatever. I'd probably wait for the next surprise.

Cptn ispo Sky age. All of these are ones from last week and they have lighter volume today and without clear catalysts. We just have to wait to see if something actually opens up. All right.

So five minutes to the bell. So Warrior Pro students I'll be here for a while uh, those on Youtube and Facebook. I'll broadcast a little longer on a day where maybe something more exciting is happening. but uh, I'll end the broadcast here close to 9 30.

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