All right, everyone - well we've got about uh 20 minutes to nine, i'm hoping at nine a.m. We see some breaking news right now, there's not a lot that i'm super excited about we'll break down the watch list it's friday, so we're you know coming to the end of the week, had three good days: uh about twenty thousand dollars a day, tuesday, wednesday thursday. So i'm up probably sixty five thousand dollars or so on the week it's a great week, i'm happy with that. I'd love to add a little bit of icing to the cake on friday, but i also don't want to um.

You know have a really big red day and then finish the week feeling kind of deflated. So that's important! Oh, hang on one! Second, so all right, so uh, let's see uh as a reminder for those tuning in for the uh pre-market watch list on youtube and facebook. In case you didn't already know, trading is risky. Most beginner traders lose money, so you should assume that you'll lose money.

If you're a beginner and with that assumption in mind, don't trade with money, you can't afford to lose and do yourself a favor and trade in a simulator. If you can make money in a simulator, then you're starting to justify all right. Maybe i should flip the switch and put some real money on the line. If you can't make money in a simulator, you've got no business, putting real money on the line.

Let's use some common sense here. I think we all know trading is risky but seriously. Let's take it, slow market will be here for you, so uh lmfa is our leading gapper up 55. That's not a bad gap.

It's pretty good! This software here um. Just for folks that aren't aware this is um from the members. Dashboard live chat rooms and stock scanners. Okay, so, let's close that up so lmfa, i'm i'm really iffy on it um, but you know who knows if it starts to open up, maybe there's something there.

It feels feels a little a little weird that big red for these big red days, it's below its 200 moving average. It's not blue sky. It's not a recent ipo. I just don't know if this is going to have what i'd look for.

I would looking just at the chart just at the chart if it breaks over, you know 550. It does start to look interesting for a move back up towards six, but i just you have to weigh that against the daily chart as well. That's the context and the daily chart context is something i'm not really sure that i like as a reminder uh for those on youtube streaming. The pre-market watch list youtube has a bit of a delay in it real time.

Our chat room is real time. So no delay, but there is a delay on youtube. So just be mindful of that. Oh, when i see all right so phil says he cannot see the screen.

Can someone send phil some help he's struggling this morning, the second leading gap or sno egg? I've got a flickering screen and i'm wondering why i think i know why here we go all right so snoa. This has a well-defined history, a very, very well-defined history. Look at these red candles look what happens every day that it gaps up. It fades gap and faith gap and faith could today be the day that it breaks this terrible streak, probably not could be, but probably not so i don't know i mean again on a lot of these days.

It does squeeze up before it rolls over. So it starts to look like it's going to go. It may give some opportunities, but i think you're going to have a big wall of short sellers that see this daily chart, and you know this is the path of least resistance right. I mean, let's, let's be honest here: this is the path of least resistance is for this to gap up, maybe squeeze up a little bit and then reverse hard, because that's what it does every other time so and i don't have shares available to borrow so what's That so something that i've talked about before learning, to read the markets, learning to read these charts and understand the levels, it's kind of like learning, uh the rules of the road traffic signals.

This to me is a uh. It's a red light. We've got a red light that we're coming up to, and you know if everyone understands that this is a red light. It's not going to go much further, so the rules of the road work, because so many people understand them.

So i'm in a position where i'm a bit of a driving instructor, i'm happy to share the rules of the road that i've learned over my years as a trader, and it will hopefully mean that the market more people understand the rules. The common sense levels, where you're, not a buyer, you're not going to be a buyer at certain spots on a stock like this, the volume weight average price. This is a critical level and as it breaks right here again, these are the just rules, the road, the more people that understand volume, weight, average price, the better it performs, if you're, able to educate three friends about volume, weight average price and they educate three of Their friends about volume, weight, average price volume weight, average price is going to be even more well known, so there is a benefit to more people, understanding the rules in the market, and this is of course in technical analysis, which is what i focus on the rules In the market for lmfa well, we clearly have this 550 level, but we have this daily level here, these daily levels, which are the fact that it's below it's 200.. So that's a problem.

At this point, i think we should all say a little prayer that there's some company out there. That puts out fantastic news at 9am, because that may be our best chance at some good momentum. And if it doesn't happen, then we may just go into the week weekend with sort of not a lot to work with we're. Looking for partnerships with apple partnerships with amazon, we're looking for cures to cancer, we're rooting for the little guy we want, which is another way to say, we want to see small cap companies come out with great news, so i have the 200 ema on lmfa at Uh 493, the uh sma is at 5.71 yeah, so a firm um that one's a bit higher priced, which is kind of a problem cei.

Let me look oh boy, so that's a stock with a very, very narrow range there's, just not a lot of interest uh for me and something like that. Just doesn't move enough. So the short squeeze yesterday on lmfa up to seven seven dollars. Could it repeat itself? Well, you're right: this was a fantastic move, it was after hours and it was on relatively light volume, but that was i mean you're right.

That was a huge move. All of a sudden it looked like it was going to be gapping up and boy if it was opening. Above you know this, let's see so this level here, 562. 589.

You know you're right it that that looks pretty good. I do not see that that was based on any news, so that gives me a little bit of um. You know cause to be careful but uh. You know, i don't disagree with that.

We'll see right now, as i look at the level two, it seems stacked. I see these stacks of sellers stacks of buyers, so it seems like a fairly thick level too, given that there's no news, i'm just a little hesitant on that. We'll see we'll see um. So let's see um and then a reminder.

So, let's see so i just um had mentioned this yesterday, uh this diptrade video that i did how to buy the dip i'll post that um. So this has now, let's see um. I can't see how many views it has, but i think it's it's got over 100 000 views now. So, if you guys haven't checked it out, of course, students.

This is suit. Warrior pro students, you don't need to watch it necessarily it's repetitive and a condensed version of what you have access to in the warrior pro classes. But i did it as a live stream and answered some questions for those on youtube. Who aren't familiar with the strategy for buying the dip, and so i was thinking that this would be something that you guys would enjoy out on youtube.

So if you haven't watched, it already check it out and i added a uh two hour live trading. Archive of me trading a stock where there were a ton of dip trades so that warrior pro students, you already have it in the live trading archives, nothing new there for you, but for those on youtube, if you want a sneak preview, that's something that you guys Can check out all right, so it's 8 55 we've got about five minutes till 9 a.m, so lmfa 550 a spot to watch um. I do think the level two is thick on lmfa. No, i do hmm uh clps.

I didn't see that one. So you know i'm primarily looking at the leading gappers here i'll look at continuation stocks like grv g v, our gvr. What was it um grvi from yesterday? You know something like that. I'll take a look at but pulled back quite a bit.

Uh jspr! I'd! Take a look at something like that see how it's holding up, pull back a little bit too, so these are kind of giving us one day of opportunity not second day continuation. So, looking mostly today at the leading gappers lmfa has bitcoin sympathy. Snoa has this history of gapping and fading abvc lmdx needs more volume. Only 13 thousand shares blue sky setup.

All-Time highs are 1080. received 77 million to develop new rapid cover diagnostic tests. It's good! It's a good headline. We need to see more volume coming uh float, says: 45 million shares it's a little high a-i-r-i very tight range cbd floats too high tmc floats too high.

Abdl 57 million share float. It's also a bit high, so level twos are the same because you're receiving the market data, so it is the same. However, you can subscribe to different levels of level 2 in a sense, so a very basic level 2 subscription might not include as much data as a more expensive level 2 subscription, but that doesn't really make a big difference, because you're gon na what you're gon na See in any level, two is the top of book, so i think that that wouldn't be a major problem. Clps it's a former momo stock had a big day back here, but then it sold off so 9 a.m.

News: lcid t-h-y-t, hmm, nice, theodore, good job, he's up uh a thousand bucks on snoa and lmfa. That's that's really good man. That's awesome good job bbig. So it's got that ascending resistance.

There, 91 million share float. Someone asked for a quick breakdown of my approach for making 200 a day. I would watch this class, that's where i'll break down risk reward, ratios, stock selection and how i would approach it, of course, starting in a simulator first warrior: starter matthias. My max draw down gon na 100 000 account.

I mean i don't like to draw down more than 10 percent, so i would say 10 000, but not really sam uh um. I wasn't i didn't that. That would be a great way to do it. You know kind of gradually start making like ten dollars a day, then 20 then 30, then 40..

For me, i would have days where i would make a thousand and then i have days where i lose two thousand and then i would have days where i made 1500 and then the day where i'd lose 700. And so i was, i just went in big um, but the problem with doing that is that the emotions get so high because you know you feel so great when you have a two three four thousand dollar green day and then you feel so terrible when you Have you know a seven eight thousand dollar red day, so it sort of trains you to have a very strong emotional response to the wins and losses which, unfortunately, is you know the way i started? I don't think it's the right. I don't think it's the best way, but it's how i started so lmfa just choppy nothing, it's not really opening up right. Now.

We've got 20 minutes to the bell reminder. As always, the trading is risky for those just tuning in. Thank you for those who are tuning in for the morning watch list. Hope you guys uh.

Please hit that thumbs up and subscribe. The channel, if you haven't already yeah i'll, do the morning show on monday as well uh someone asked what how would i manage drawdown with a 100 000 account? That was the question. So cnj well yeah, but you know because of the pdt rule. I might add another 5 000 to that.

No, i don't trade crypto and you know i've missed the. I missed the boat on it. I guess but yeah it's all right. You can't can't catch everything if you catch a little bit of something you're doing and you're doing that.

Well, that's by itself is pretty darn good. Look well! Well, i'm sorry to say it doesn't seem like much is going on here. I haven't even taken one trade. Yet today, so my p, l is zero.

Zero, in my main account zero in my retirement account no trades, i don't i'm not holding any open positions, so i'm just sitting basically cash sitting on the bench ready to jump into the game, but um come on coach call me in and coach says: no there's! No reason there's nothing moving. Let's keep our a players on the bench until there's a reason to get them in man. Only given lmfa stab off the volume weight average price for you, maybe you'll get that trade through the half dollar. I don't know.

I hope i hope you do, but i don't know so, i'm waiting for something to start squeezing uh lmfa didn't want to break there hmm so morning, it's about 9, 16, 9, 17.. So 13 minutes to the bell tmc the floats too high jspr. Let me look yeah, so yesterday's high was 14 11.. I see that you know yeah, it's moved up a little bit there.

The volume is quite light. It's only up three percent today. So you know. Is there news on it? I don't see news, but then you know this is tricky because now all of a sudden it's at 14..

So yesterday's high was 1411., so just looking at it, it went from 1250 to 14.. Now it's gapping up eight percent, so light volume is a risk factor, but i'll watch it so starter there. For me at 14 i'll add over 14.50. Add it to 14.50.

Next ad is 14.75. We break 15., so adding now 15.50. So i'm going to try to ride this momentum, because this is now 20, so i'm going to hold this position and now, in my main account i'm going to add 15.75 for the breakthrough. 16.

added 1603 right there still holding partial in that account light volume is a risk factor, but holding 4 000 shares at 1604.. Previous day's high was 1824. next ad, for me is 16.50 watching 16.50 added there 16 18 to anticipate the break through 1650, but took a 99 loss. New order is going to be at 16.50.

So thank you for bringing it to my attention. I missed the entry at 12.50. It's just a technical breakout first daily candle to make a new high high back here is 1824., so still holding three thousand shares here at fourteen twenty six high. This candle is sixteen thirty.

Five new order goes at sixteen watching for a dip trade. Putting my order at 16.50 and move it up a little bit, taking a little more off the table there from 1426.. You can see it's hitting the scans, so it's going a little further without me. I got to find my next entry on it hi this candle is 1824., so watching for my next trade on this is increasing hi.

There, 17 17 10.. It's up 33. I'm going to take a little more off the table managed to lose 100 bucks. In my main account on it at the 16 entry hi, this candle 1709 new order 1710.

So what i said on this one um first daily candle make a new high risk, was higher. It popped from 12 when i first looked at it 12.50 up to 13. and as it broke, that level took a starter and then added as it moved higher. This is now the first one minute pullback hi this candle 1709, watching my main account for a dip added there, 17 1670, taking that off the table up around 17 650 still holding a small position at 14: 26.

hi, this candle 1709 new order 1710.. So no news, it's a technical breakout and to form a momo stock. From two days ago, high was eighteen, twenty four added right there for the breakthrough. Eighteen, seventeen ten! Now we're going to look for seventeen, fifty seventeen, twenty five adding so now.

This is the first 1 minute setup 1750 is my next ad spot for move to 18.. This is now our second leading gapper watching out of their 1750 1775 is my next ad watch 1775. have their 69 for the breakthrough, in my main, account looking for the squeeze up to 18. next ad is going to be 75 and then 85.

holding right now. 6 000 shares looking to scale up on this high. This candle is 78 moving. My order up to 78.

added there 78. now in 9000, shares looking for the breakthrough 18. taking half off the table as it approaches 18 new order is at 18 10. yesterday or two days ago the high was 1824.

added right there for the break of 18.. Now, looking for a squeeze on this up to 1825 and then 1850. watch 1810 1810-1820 bought the dip 1780., we've got 1.5 million shares of volume, so we're looking for the break over 18. we're up 43.

Now, on a technical breakout watch for dip trades off of 1730., all out in the big account retirement looking to buy the dip again in the small account added 17.50. So, looking for that, curl back up through 18 next ad will be 17.75 and then 85 and 95.. We've got three and a half minutes to the bell and we're looking for the breakthrough 1824. So i'm going to put my order at 18..

What we're looking for right here is the breakthrough. 1765. 75. 85.

95. Then the breakthrough 18. dip trade at 26.. So it brings my cost basis.

Down a little bit volume weight average price is 16.86. We've got two and a half minutes to the bell. So what i'm going to look for here? This is a light volume pullback, which is exactly what we like to see. High volume breakout light volume pull back, so i'm going to leave that there i'm going to switch to my retirement account and i'm going to look for a trade on this with two minutes to the bell.

Orders at 18. hide this candle 75, so hi. There 75 90 seconds to the bell. So my thought on this is a short squeeze over 1824 at the open.

We've got less than a minute to the bell here: okay, so i'm going to leave that there retirement account orders at 18, 5 000 shares high. This candle is 17.75, so what i'm? Looking for as we go into the open is a long, a buy and then a break through 18. bought the dip at 17. 42..

Now i'm going to look to add over 65 and 75 for this trade right at the open. So watch here halt levels 19., adding at 75 padding at 85, adding at 18 taking some off the table: new orders: 1824. We know we need to break that level. Holding 448 shares 2.7 million shares of volume here pre-market.

It's a double top sold the rest for now, i'm going to let it dip bought the dip at 88 and 1707. now watch over 1725 for a red to green move and 1750 for that whip through the high added at 1744.. Next add 75 added at 75.. Now, looking for that, squeeze through 18., that is called a red to green move right, there see how it dipped down and then ripped back up high is 18 23..

We need to break through 1824. added right there, 1825. Now, looking for the squeeze to 19. next ads over 18.45 watching 1840s for the next ad, holding 3 000 shares stopped out of those for a small loss.

I was in a little too high, i'm going to try to do another dip off the low high volume on this candle 1841 is the high the red to green? Was nice watching for dips added at 16.84 about the dip? Look for the double bottom and then the break back over 1725 there's 1711 holding 2 600 shares took the profit 1708. The true double bottom would have been 65, so i was in a little early, so kind of just a surprise. Surprise move on friday. I wasn't expecting that i kind of was thinking i wouldn't take any trades today, but when someone called out jspr, i pulled it up at 12 50 and thought all right well interesting.

Then it goes to 13 to 1350 and then i added as it pulled back for the break over 14. 1426 was my average. I think so. That's a good example where you're never going to be the first one to find a stock.

But if you find a pullback - and this was a micro pullback right here - then that can present an opportunity to jump in on the first pullback, the micro pullback. So we got a micro pullback on that and now we're in a period of consolidation really between it's a big range between like 16, 50 and and 18.. So i'm gon na watch here um, the first one-minute kill, will make a new highs over 1739. So i'm going to put an order for 1500 shares at 17.50 watching here another dip trade about the dip at 88..

So i'm looking for the 1725 level over 1725 to add for the break over 17.50 watching hands on the hockey added there. 1725 next ad is going to be 17.50 watching 47 and 50s. First one minute kill will make a new high added there at 50., very good. So we got that curl see and i like to take profit in that curl.

Now the new order is going to be at 65. watching this at 65. Add it right there at 49. next add 70, adding at 70.

all right now scaling up for the break back over 18. Let's see if we get a retest of 18 so watching added right. There, 68 there's 85 nice taking some profit off the table as it pops up to that 18 level. New order, 1825 1500 shares ready to go okay.

So it's pulling back a little bit. That's fine! Let me jump forward here on this diptrade 1712. so buying the dip again. We actually have an ascending support.

Trendline right here and holding 1200 shares taking a little off the table, sold the rest for now, let's see and i'm in my margin account - i didn't trade it very well over there, but that's fine retirement is a better account to focus on. In any case, i uh 17.95, so new order goes at 18.. So, as we sit right now, we have a big green candle high volume at the open. It's a pretty darn, close double top versus the previous high back here when we traded it.

On that day, we did have news, it was a gapper and it was a blue sky setup, recent ipo setup so for those not familiar blue sky and recent ipo. Those are two of my favorite setups for momentum and the first entry was first and second pullbacks. So, for those that want to learn about my process for stock selection check out my free intro course, a reminder is always that trading is risky. You shouldn't try to blindly follow me or anyone else.

You've got to find a strategy. You've got to paper trade it and a simulator before you put real money on the line. The markets move very quickly. Nice job mark lmfa hit the scanner, but i'm waiting on that.

So i wouldn't have jumped in this one, except for two reasons: number one. It was moving quickly number two, it's a continuation stock from two days ago, and i knew it was a technical breakout over 14.. Those are the two reasons if this wasn't already moving quickly, i wouldn't have jumped in if it wasn't a technical breakout i wouldn't have jumped in so those are the things that are very important to be mindful of also reminder and those on facebook and youtube. You can see this up at the top youtube live delays, broadcasts so they're, not real time.

Our chat room does use real-time streaming servers, so i could buy dips on this, but generally i'm going to be most aggressive when the momentum is clean, moving up and if it starts pulling back like i could do a dip trade there at 20 and just see If it curls back up to 1650, but usually the best spot to be aggressive, is when the trend is clearly moving up. So, let's see if it breaks over 16 25, 16, 30. added 16.15. Looking for the bounce off the whole dollar and the reclaim of the 20 moving average, let's see if we break over 1636, now holding just small size taking some profit, there stop its breakeven on the rest, aehl so live.

Stop it break. Even stop me out on the rest, aea gel. This is another one moving up quickly. However, it's not a continuation stock; it's not continuation from a big move in the previous day.

So now i have to look at the daily chart a little more carefully. I look at it and i see a history of these red days. That makes me a little nervous and so just like that i switch gears and say no. I don't think i can jump in this one.

Yes, it's moving quickly, so it's got the first thing. I look for, but it's not a continuation setup. The volume on um jspr continues to be highest volume on green candles, lighter on red candles, which is good, but it was a red day yesterday and this is a technical breakout, so it's friday so good job. For those that got green, whether it's in the simulator or real money, if you did make some money, feel free to share how you did on it.

It was up about 50 and was our second leading gapper behind lmfa eighteen hundred dollars, green 460 green nice good 2600, very good thousand, eight hundred nice nice. That's a good one, a thousand thirty seven hundred very good, three thousand fantastic, a thousand good job. Twelve hundred biggest green day so far good for you, i had five thousand gave back half hey. At least you were green.

John green by 8, 000. greg, seven thousand two hundred thirty five dollars good for you good for you. It's a lot of money. Lokb, lighter volume looks like a spanx special acquisition all-time high back here, 13 24, so similar daily chart on that one.

What are you doing all right? I got ta run uh. I got ta bring my son to the doctor. So that's that's it for me today. Thank you guys for tuning in uh.

I wasn't expecting a trade today, but we got one uh nice momentum stock jumped on rode. The momentum reminder, as always, those on youtube and facebook. In case you already know trading is risky. Take it slow trade in the simulator before you put real money on the line and i'll be back at it morning show monday morning.

Hopefully we see some nice uh continuation on monday jspr definitely want to keep watching. Next week, it's possible. We will see more opportunities on it, so we'll be keeping that one on watch all right. Please make sure you hit the thumbs up those on youtube and facebook.

I appreciate you guys tuning in encourage you to register for a free class. If you want to learn more about my strategy or check out the strategy page right here and i'll see you guys on monday, uh mentor session at 11 a.m, for warrior pro students and uh fomo friday this afternoon, with our uh trading psychology team. So make sure you guys tune in for that all right i'll see you later bye, everyone, you.