Hey everyone, good morning Peter, I hear you man. Uh, Peter says biggest loss of my career yesterday. Learning is, don't fight the trend of the chart for us. You say it.

Revenge trading is a bad idea. Better step away. Usually I follow this advice, but yesterday I did not. You know, for whatever reason, from time to time we fall victim to that emotional trap in the market.

We all have it happen. Trading will test you and there is no trader out there that won't from time to time end up with a position that's a little too big and get pressed against their max loss and start to make emotionally fuel decisions like averaging down or averaging up depending on whether they're long or short and trying to trade their way out of it to avoid having to lock it up. And um, I I know how. Um, I know how frustrating that can be.

Uh, my intro. Oh, I see that. Um, yeah, that's interesting. The audio is muted on my intro.

I'll have that fixed for tomorrow. That's okay though. It looks cool even if you can't hear it. So uh, thank you guys for tuning in this morning to the Morning show.

It's about 9 a.m I have not taken any trades yet today. Um, looking at the market and it looks a little choppy. One of the problems right now is that a lot of these energy stocks are on. Um, well, you know we'd probably just call like a dead cat bounds Uso Uh, Us oil fund is coming up a little bit off yesterday's low.

Uh, by the way, Mike in the large cap room had a terrific swing trade to the short side on Uso. Really, really nice. So congratulations to Mike. I mean that was phenomenal.

Well timed short. Uh, so that was off of the the Daily Doji up here and he was holding into the Gap down yesterday and then I covered some yesterday. I don't know, might still be holding some. So anyways, that was.

um, that was nice to see. Um, so anyways, a little bit bounce off the low. So some of these energy stocks I and do bouncing off the low as well. Interestingly, um, there's some news on Indo.

Uh, that's related to, uh, insider? Uh, well, I guess you'd say an insider. An investor. Um, so they have this right to purchase up to 383 000 ordinary shares at an exercise price of six dollars a share. Um, so I'm concerned that you may start seeing some, uh, some big sellers coming in on Indo.

Um, as they're you know, an Ins and an investor would be smart to be taking some profit off the table on a stock that hasn't been above ten dollars in years. Well, hasn't been above twelve dollars ever and went to 88. You know the other day. So you know? Imagine that You know a dollar a share with 380 000 shares is 380 000 bucks 10 a share.

That's Eight million twenty dollars a share at seven million forty dollars a share it's 14 million eighty dollars a share. I mean, this is they won the lottery. They won the dang lottery. And these are the big whales and they're going to be cashing out Now you could say.

And it's worth noting that the volume on this red candle was actually very light. It was only 7.9 million shares of volume, so it was a pretty light volume candle. Uh, but wait, what price would this have to break in order for it to really open up to the next level? You know what? Uh, sorry on this side. Um, you know for Indo to really go to the next level? I mean, you know, for real? I'm sure you have some swing trade short sellers who found shares available to borrow.

Now remember, they pay the borrow fees. You can only borrow them for so long. So that's like you know with Gamestop. when it's they start getting squeezed.

They can't just keep indefinitely adding and adding an adding. They have to cover at a certain point. So you know what point would you reach a capitulation Where short sellers might say, all right, forget it, I'm out Or where long traders would say, you know what? That's it. I'm jumping in this thing.

I can't wait any longer. I'm missing the move. Well you know, at the high level 81 dollars, coming down a little bit further, maybe 72.. now back down in this area.

maybe 54 starts to open up a little bit, but we're we're a ways away from that level. So although this is not a bad looking five-minute chart right here for an Abcd pattern. Um, you know it wasn't bad looking yesterday, but it didn't end up resolving and I'm not sure that's going to end up resolving today. especially considering Uso really just feels like a bit of a dead cat bounce.

It's a small bounce off the low. It doesn't feel huge. So um, you know I. I'm not really convinced that we're gonna see good action in Energy Names today.

You know, Husa has popped up a little bit. It could be interesting if it opens up, but why would it? you know Again, if unless the price of oil goes way way way way up today, I just don't really see it happening. So that's Hoosa. You've got Indo, you've got Inp.

These are all the same chart and it's A it's an unattractive chart. You've got these big red candles that mark the high and so right now we're just on the back side of those big red candles. Ensv. I mean this chart doesn't look very good, so you know at the moment.

I you know and again, it's not to say that you couldn't get a base hit on this. Maybe you could get a base hit and move up to 425 450. I am looking for a little bit more of a base hit. I'm asking myself what has potential to go parabolic because the stocks I make the most money on are the ones that are going straight up.

All right. Well, that's a no-brainer I mean, if a stock's going straight up, sure you'll make money on it, but those are the ones that I can really crush. Those are the days that I can make fifty thousand, seventy five thousand. A hundred thousand dollars in one day.

That's what I'm looking for. and I'm not gonna hit that every day. But if a stock only has the potential for a small base hit, well, it still carries risk. And so if my upside is only small, it just doesn't feel quite worth it.

You know, And it's it's important to grind sometimes on small numbers. and if you can make 2 000 or a thousand dollars, you know a day. I mean that. That's that's certainly better than nothing.

But when that same trader can make a hundred thousand when it's hot, then there is some rationale to just saying. Maybe when it's cold, I just wait. Uh, the problem is that when you start seeing something begin to move like maybe Ensv at the very beginning of the move, it can look very similar to the stocks that do go parabolic. And so that's the thing that's tough for me is that is that it tempts me to jump in because I'm like, oh, this looks just like you know, the beginning of a parabolic move and I want to try to build my cushion as early and as quick as I can on parabolic moves because that's usually when I can get my start and then once I have a cushion, I can continue to trade aggressively.

When you have something that goes parabolic like Ispo, but you end up, you know, missing the first half of the whole move, then it can feel really hard to get in, you know, high. So this stock went from, you know, 20 all the way up to 108. But like in this area, you know it was like if you weren't in this early. But look at this rejection, you know this rejection like that happened on this red candle right here.

It was pretty gross. It rejected and then it slowly curled back up and then it it started to open up. So you know, even initially on this one, it was not. um, super clean.

So if something did start to, um, yeah. so the the desire to look and try to build a quick cushion can sometimes turn into a quick loss and then it can turn into two quick losses or three quick losses and then you've dug yourself a hole. So um, yeah, I mean we've had a couple nice parabolic Um stocks this year. Ispo was the best one I think so far I'd say and I wasn't able to make a lot on it because the volume was light and I was a little too conservative to start.

and I was a little too conservative because we've been in a choppy market. Indo was another pretty good one. again, volume sort of light. It was a multi-day continuation.

Uh, not the easiest big spreads. higher priced, made some money, gave some money back on it. I don't know, didn't didn't do as well on that one either. Kind of a bummer.

So you know, as I'm sitting here right now I'm I'm looking at my Gap scanner. So Warrior Pro Students, of course you have access to our Gap scanner those tuning in on Youtube a reminder by the way on Youtube. In case you already know, trading is risky. Most beginner traders do lose money, so make sure you trade cautiously.

Don't put real money on the line until you've proven profitability in a simulator. So these are the scanners that we have for our students. So our leading Gap is only 39. And yes, another problem with this energy sector is that attention is dispersed across dozens of energy stocks.

You know, it's not like there's one obvious one. Indo certainly was probably the biggest move, but some people were just like, well, I can't afford to trade Indo. It's too expensive, so I'll just trade inp. They trade inp And then some people said, well, I I could trade both of these, but I want to trade Mxc because this one, you know it's got the potential to make a big big move.

They trade Dynamics or Mxc. Other people say I'm going to trade Marps so the volume was dispersed across dozens of different stocks and that resulted in not as good continuation for one single stock. We didn't have one that was in one day, nearly as strong as what we had on Ispo, which at that time really was the, uh, the strongest one. And then we had what was the angh that became sympathy momentum on that day, which was good.

Uh, we got some good sympathy momentum on it, but you know, 12 to 32 but Indo is still the the main one. So uh, so we've got about 20 minutes to the bell, so I don't have really any interest in the energy stocks right now. I just don't think they're gonna hold uh opinion on the Amazon split 201 split. So you know I mean this was the knee jerk reaction.

Um, you know there was news out on Amazon last night and then it comes back down. I think that the 21 split is a good thing. Um, we saw Tesla when they announced the split traded really well as traders expected more people would buy Tesla, But Tesla was also really hot when they announced the split. You know, Amazon has been kind of.

I mean it's like flat. You know, in the last year or so, you know it's it. moved up and it's come back down. So I I don't know that this is gonna.

I just don't. I'm not really sure. so I'm just leaving this alone. for right now.

Isig, you know, good thought. Definitely had a nice move yesterday. from 7 50 up to 12. but notice, you know, tapping that 200 moving average? Just, I don't think that's quite right.

Agri. a bit on the cheaper side. Um, but you know, certainly could be worth watching. We had a cheap stock yesterday, Drct.

this one was good. It would have been really nice if it had held these levels and squeezed up to its all-time high of 425 435. but it didn't So Agri is a 12 million share float. Um, I'm just not sure.

Right now. I I think that we've got some headwind. Uh, because of the sort of big move that we had. Uh, you know, Friday, Monday, Tuesday on on energy stocks And then yesterday was sort of again.

choppy things pulled back on Tuesday they were choppy. Then on Wednesday I was read on Tuesday Wednesday and now I'm sitting here and I'm not seeing anything that looks that good. and I don't really want to have a third red day in a row. So with no leading gapper coming into the open seems pretty obvious that it's going to be a slow day.

There may be an outlier that pops up and gives some surprise opportunities. But aside from that, right now it looks slow. You know. Again, you could have a stock that puts out breaking news in 10 seconds.

You know, 9, 15 there could be breaking news and all of a sudden we've got something to work with. but right now I don't see anything to work with. Uh so scanners. Uh, these are right here.

These are for so all Warrior Pro students can stream the scanners. You go into the chat room, you launch the chat room, and then you can launch your scanners. so you guys are welcome to as a Warrior Pro student. Stream the scanners on your own and sometimes I have them on the screen depending on what my layout is right now.

because I've been watching two stocks, I've had two charts up. I've had mostly U.s oil on the side and then the stock I'm watching on the other side. So 15 minutes to the bell wave popped up and then pulled back. Google split.

I mean these are large caps, you know, I don't know. Lgpn and Isc Ig. Both were squeezing up yesterday but both pulled back. Caed 2.1 million dollar contract.

Let's see float is 7.4 million shares. It's up twelve percent. So this is a um the interesting thing on this is that we have seen um some opportunities with Um seed S-e-e-d Wheat w-e-a-t So we're pleased to announce we signed a 2.1 million dollar contract with a facility in Maryland. 37 000 square foot cultivation space.

So they do controlled indoor cultivation. Your uh, daily chart you know shows a stock with kind of interesting price action. You can see here it's there's this reverse split that shows and then the high there is 510.. So you know you really don't have um, a lot of price history on it.

I've found sometimes stocks like that can move quickly. The volume is pretty light. I I just don't know. You know it's it's hard to say for sure.

we need to start squeezing up a bit more. It's high was 237. I don't know what you guys think of it. Agri: Another agroforce growing agroforest growing.

So another stock like that so you know. I don't know if this is related to wheat being. I mean I think that the catalyst on Ceid is just there's there's news and it's You know what? It's small, it is what it is. Um, but there's this trend in this sector.

Agri your high there is 2 30. Agri breaking the double top up to 233 234. You know it's just it's a lower price stock. so we've got about 10 minutes to the bell.

Check back in with uso hold back a little bit Indo still in an Abcd pattern. Loosa is nine Thirty three. not really Gordon because you can't use stops. Uh, I'm not in any trades right now.

You can see my position window in the top corner. I'm in zero positions. I haven't taken any trades today. A lot of volume on that candle.

on Agri. 350 000 shares, it only went up Nine cents. Nine cents. That's it.

Not great. Trka Media Group signs a firm commitment for a 75 million dollar senior secured credit facility deep stock. I haven't been doing the recaps because they haven't been getting very many views, so I just figured, well, people aren't that interested in them. Morning show is, uh, more popular? Hi.

This candle is 47.85 Hi. this one is 235 So we've got about seven minutes to the bell. Looks like we've got nothing. Nothing looking interesting yet so we'll sit tight.

We'll see if something pops up or your pro students. I'll be here looking waiting and uh, just. I'm sitting on the sidelines. You know I've got got the big guns.

I'm ready to step up to the plate, but you know, you got to show me something to jump on. So right now I don't see anything that's really meeting the criteria. Sure, Nick, I can do that. Yeah, me too, Warren, those are the best ones.

All right. Well, let's see, I don't mind hanging out a little longer occasionally on Youtube depending on what's going on. There doesn't seem to be much going on here today. So a reminder um, Warrior Pro students? Uh sorry, um.

reminder badge holders Traders who have a profitability badge Uh, if you have a badge next to your name in the chat room 100k 500k million if you've got a badge next to your name. Uh, you would have gotten an email to Rsvp for our one o'clock zoom call. So 1 Pm zoom call today so that'll be a time for us to. uh, talk about what's going on in this market, What's working, what's not working and be a, um, a support group for each other.

So that's at 1 Pm Eastern today. If you are a student who has crossed one of the profitability levels, look at that Joe. My goodness, when did you get that? How did you do? I see what you did. I see what you did.

All right, Arch is on it. Uh, good. good work. Uh, very creative.

So uh, there's uh, there's the link for uh for badges. Well James, now hold on. What we want to do is we want to have some things that are for supporting those particular students and I think that that's important, right? So we have students that have worked really hard, they've been really studying for a long time and we want to give them an opportunity to Um to have that support system. Now we could record the session and then make it available to all of our students.

That would be fine, but then I'd have to get every single one of those students to sign a release that we're going to use that for them. And I. I don't think that people are going to want to sign. I I've we've tried to do this before and people haven't wanted to sign the release and then what do we do? We say, well, then you can't attend the session, you know what I mean.

So it creates this whole extra thing around it. So we do a lot for all of our students. And you know this is what. For instance, the Trader Rehab Program.

You know that's not really of any use, probably for students who have gotten to some level of success. So you know there are some things that are going to be more appealing uh, for some people in the community and and other things will be more appealing for other people in the community. It's it's it's really hard to win and please everyone. I get it.

so I'm doing the best doing the best I can. but the daily Mentor sessions Monday through Friday Fomo Friday. The Trader Psychology Team. You know those guys are especially there for those of you in the community who are struggling.

So yeah, and I hope that it is motivation to get a badge. Okay, so um, let's see. uh, my P L I just it's right here. Uh, I I don't have any profits.

If I'm uh, if I'm clicked on my charts then you don't see it when I'm clicked on my broker then you'll see it because it's A. You know it's a window. So it goes to the top whatever's on the top. So I haven't taken any trades yet.

Today it's a minute to the bell, so at this point looking like, um, you know, no trades in the open, we don't have an obvious gapper. I'm looking for something that has the potential to go parabolic. I want to make you know a hundred thousand dollars today, but I don't see anything even close to giving me the potential to even make 20 grand. So it's better for me to sit on the sidelines and wait.

So let's be patient. Let's watch and wait. Uh, expect Chop at the open. It wouldn't surprise me at all to see pop and drop.

You know, rejections and just Chop at the open. So let's be careful. All right, 30 seconds to the bell. Uh.

Traders on Youtube. Thank you for joining. Uh, for joining and tuning in and I'll be back at it. Uh, tomorrow morning.

All right. Thanks so much. We'll see you guys on Youtube in the morning. There's a hidden seller at 45 on Indo.

I'm concerned that this is going to drop.