All right everyone. Well, good morning. it's about 9. A.M And uh, right now you know we are, uh, sitting with a fairly, uh, fairly sort of dull Gap scanner.

Um Tony That is a beautiful chart that you've just, um, put together there over the last eight days of trading. Very nice. That's great. And that I mean that is the way to do it right.

One trade a day, two trades, maybe keeping it very light? That's very good. You've got good self-control You're not over trading. This is a foundation that you can build on. Keep doing that.

I Saw Jack Um, earlier posted oh Jared and you've got one too. That's decent. And look, guys, don't worry about the dollar amount. Okay, it's a dollar.

Thirty nine, Four dollars, seventy six cents. This is about laying a foundation. You lay this kind of foundation and the share size comes next. All right.

And then Jack had one that was pretty good. Earlier there you go. Jack Very good. So this is what it's about and you just you have to have that self-control to limit yourself.

You have to. And I know you guys. You know it's not easy, but that's what you need, right? So you know the question that'll ask you. For those of you out there you know wanting to make this happen is, can you be patient? Can you be patient and can you be disciplined? Success is not going to happen overnight.

It's not going to happen for most. Traders Because we know that the statistics of success are so low. but even for the ones that it happens for it doesn't happen overnight. So can you be patient? Can you pay your dues? have the discipline to follow the rules, your strategy? Because if you really really really want this, you will not get it.

Without discipline, it's not going to happen. Seriously guys, you have to be disciplined So you know. I'm super proud of those who find success. But I tell you as always that trading is super risky.

Most people do lose money. This is a really hard thing to get good at and you know emotions are the biggest obstacle. It's the emotional response to dealing with loss. You take a big loss and next thing you know, you get emotionally hijacked.

I Was doing a um a workshop last night for for parents and it was so interesting to me because they were talking about I mean they were essentially describing emotional hijack. Um, you know they're It's just like you know, talking about kids behavior and all these types of things. and I'm thinking about like the ideal. I I Know all about this stuff because I You know.

I I See this in Uh Traders all the time emotional hijack And you know that's what happens when you have kids throwing crazy temper tantrums and getting super super riled up. You know it's you. You can't reason with them and they've gotten themselves so um, you know, just upset and you know that's part of being part of, you know, part of growing up, part of development. Uh, but it happens with trading.

As you know, you know you take a big loss and next thing you know you're averaging down. you're holding, you're hoping and you could look back a day later a week later and think what the heck was I thinking and the fact is, you weren't thinking because in that moment it was all reacting. you be you went into fight or flight, you went into a fight or flight response. It's the loss, it's losing money trading that triggered that fight or flight response.

and when you are in that fight or flight response, your reasoning is gone. it's just not there. and you know I mean I went to the Um the Bronx Zoo uh last week and they have this dinosaur uh exhibit and you know I was kind of going through through and I was thinking dang, these things are huge and there was a part of me I was like wow, like think for real for a second about walking around knowing that there's an animal that big that could take you down like that's crazy I mean you know I Suppose you go some places where there's there's tigers and there's elephants and there's some big animals that could take you down. Um, but generally speaking, we don't.

We don't deal with that in our day-to-day life, right? It's just that's just not part of, uh, that's not part of our life, But as I was sort of walking through there and thinking about that and then seeing these like huge birds you know that are just enormous. it made me think a little bit about where that fight or flight response you know is just so like in deep inside us. And the thing is things in everyday life um can trigger it and losing You know ten thousand dollars in one trade can trigger it. Losing 501 trade can trigger it losing 101 Trade depending on where your account's at can trigger it.

and then next thing you know you're an emotional hijack. So you guys know we have a Trader Rehab program here at Warrior Uh it it was a program that we taught live uh and right, let's see it was uh we we did a five chapter Trader Rehab course that began in uh uh, the day before it was 12 31 it was like New Year's Eve and then going into January uh for the next six weeks or eight weeks we had Trader Rehab Uh which was a great program and so the goal of Trader Rehab is to try to rein yourself in focus on one trade a day, don't overstay your welcome and um, regain some control and start to learn your triggers. Where the places where you start to lose control, right? Where are the places where all of a sudden you you give in, you get emotionally hijacked and once you start to learn what your triggers are, you learn to avoid them. You learn to recognize when you're starting to get close to a trigger and it's a incredibly empowering uh phase in your Trading So we see Atxi moving a little higher you can see I've already taken a few trades today.

Nothing. Nothing huge. Nothing has really been strong. I Mean there's been a few things that popped up.

One of the bigger movers was Ttoo This one squeezed pretty fast from about 260 up to 340. I only made 487 dollars on it trade. it was small size ATX I only made 84 on it I I Just nothing has felt super super clean. Um lace.

you know it's still on. Watch it. Blue sky is above 550. but you know you guys know I mean this.

Market that we've been in has been pretty tricky. You'll see one stock, it starts to open up and it feels like you get a moment of attention and then they kind of fade. So I'm waiting to see what holds up today. Um I'm not sure I just I don't know what's going to be what one is going to be obvious going into the open.

Uh, by the way, those tuning in on YouTube as always remind your trading is of course, risky. My results not typical I remind you that every single day and there's no guarantee you'll find success whether you trade on your own or you'll learn from me. So take it slow, try to manage your risk. My thought this morning is to try to get dialed in on which one I think will be obvious.

Atxi has three green candles in a row. It's a little extended. Could you get a short squeeze on it? Maybe if it breaks over 340 but I don't know. we'll see ttoo uh back at three curling back up a little bit there I don't know I'm It did have a nice move, but then it also sort of rejected that level.

We'll see if it can hold back over volume. weight. average price. Um, nice.

Nice job there. Um, 305 dollars? That's good. That's good. Yep, that's great.

Can't complain about that. That's good. So I'm thinking you know right now this is still just a scalp trading Market Take your small gains, don't overstay your welcome. Small size on Atxi.

there at 38 for the break of 40. I Want to see if we get that squeeze added at 41 up to 45 46? there's 43.. So profit at 41. Uh, made 100 bucks on that.

Uh, maybe 242. just small gain. That's a that's a quick scalp trade. Jumping in on the micro pullback there.

37 added at 40. was hoping for a break of 45.50 but and maybe we could have seen some short covering. It starts to accelerate, sometimes it does, sometimes they don't if it doesn't and you see sellers, which we saw in that case, if you take your two threes, four cents, whatever it is. Uh, Atxi, still on.

watch ttoo back below volume weight average price today. I'm going to do an interview with um, one of my students who has made two million dollars in trading profits. Uh, he's one of the uh, we have. Let's see one who's got 2.5 one who's got two, another who's got two, uh, another one who currently has a million, but uh, he said he wants to.

he's getting close to 3 million so we'll do another interview with him when he crosses three. Uh, we've got. I'm so proud of these traders who have done so well even in these markets because this has not been. uh, these markets have not been forgiving.

So you've got to have a special set of skills and you really have an edge to be able to trade well in these markets. Ttlo drop to below V web there to 294 is back above it. Now high is 307. of this little pivot needs to break over.

uh 315. I Think foreign. Yeah, that interview was a good one. We'll have another with him too.

So Atxi, you know, like like I said I keep kind of watching. these high is 43. another dip at 37. only 1600 shares I Got a partial fill looking to see if it breaks through 44 the fact that it hasn't pulled back that much usually I I Feel like okay, that's that's certainly a good sign.

You've got to sell at 40. I'm going flat on it. but then there's 42. High here was 43 New Order is 43.

So I have 1600 shares, partial fill in at 38 out of 40. 32 Profit: Okay, so that's not much, but had it broken through 43 and then squeezes right up to 50. it could have been 160 dollars and I'm still watching it. There's 42 on the ask.

we're at 40. It's our second leading gapper. There's 43. There you go.

All right. So there's 44. back on the high day Moma Scanner 44. these are all I Mean like I said, this is just very small small gains.

Uh, so far today, nothing has been particularly exciting. Nothing has given me the conviction to hold for a big move or to really size up in a big way. These are just small base hits. But we have about 17 minutes to the opening bell.

so ATX size our leading. Gap at 40 I am already second leading gapper. There's some merger agreement out on it, so I'm leaving that alone. Ctm I Did take a trade on that earlier.

it's pulled back a bit now. Lace L-a-s-e Blue Sky above 550 could be good, but pretty crowded. pretty thickly traded, not opening up in a big way. HKD Popped up a little earlier.

Uh. Chinese Stock many of you are familiar with squeezed up to 40, then dropped to 30. Pretty wild. G-e-h-i popped up earlier as well from about 16 to 20.

Adtx: Let's look at this one. so workflow: 80tx I type it in I look at the level two, look at the chart I don't see news on it and so I'm hesitating it's a stock I've traded before I'm familiar with the name I could have pressed shift one shift, two, three, four five if I felt like I wanted to buy those are one thousand two, three, four, five thousand share orders I can press them as many times as I want. up to my buying power essentially. but that one no.

go for me. not at this current uh price and with this current chart and without clear news. So I do start every morning with finger stretches. Uh, for the hotkeys? Yep, and you gotta.

you gotta stretch each finger so you gotta do your calisthenics. It's important. practice piano. so I get the good stretch.

And of course you need to insure your fingers. Uh, your hands hand insurance is A is a big one ptxi. So when you're not trading, you always want to wear a pair of mittens. You know, keep your hands really protected and you know people might say you know some funny things about.

you know Mr mittens Always Wearing mittens in the summer? Oh, here comes Miss Here Comes Mittens again coming down the street That old mittens. but you know you just try to brush it off. You probably make more than they do. anyways.

15 minutes to the opening bell here s p uh yesterday this one surprised me. um we had the CPI numbers that were uh a little higher than expected and then you know Market drops s p drops 10 points instant and I thought okay here we go and now it's bear flagging and I thought for sure. Um well you know we were going to have a a real sell-off because you know when we had the bad CPI in um September I'm pretty sure it was on um this day right here. yeah the 13th.

um it was on this day right here. so we were like in good shape. we were like okay markets near the 200. we're in good shape and then boom drops and we went down for a good leg down.

Now then we had these two big days right here. which um, you know that was a big bounce. This was a big bounce, but two back-to-back days like that there? I read some um statistic that 11 out of the 14 times during a bear Market where you had two days where the market gained more than two and a half percent that six months later the market was uh, significantly higher than that price. So I don't know, You know, maybe this will be the the time? It's not the case, but uh, there's so many of those statistics that people will cite and they don't really mean I mean they're just it is what it is.

But then look at that big green day. That was the biggest intraday swing we had had in two years in the market since 2020 March of 2020.. I mean it's pretty crazy. That was a huge swing.

So uh, that's interesting. Uh, does that mean the bottom is in? well, not necessarily. There's a lot of different opinions on Uh inflation and what the expectations are for the next six months, the next 12 months, next 18 months. but you know that Uh was a big Green Day and the Market's carrying that momentum a little bit here into Friday morning.

so we'll see what happens. Uh, you know, at the end of the day, just trade the market that you're in, ride the momentum when we have it. So on the sidelines when things are slow, Atxi formed a doji on the five so that one is not perfect for a five minute setup yet. But we'll see if uh, we'll see if it, you know, holds up here.

I Would love to see some parabolic momentum. You know the problem. What we've had recently is that a stock will go parabolic. You know, Ttoo.

But then it doesn't hold up for second leg higher. So you get the move from 240 340, right? or even yesterday. I Saw at the close at P-e-g-y squeezes up from 6 20 to 720. but then they just don't hold.

That's been the pattern. You know you get those squeezes and they don't hold. at least in the last few weeks in August and September Oh my camera must have overheated in August and September Um, it was a little bit different because we had some really good continuation on um, on these, um, recent IPOs and the reverse splits and you know things like that. So those were holding up for multi-day moves and and second and third leg higher.

But right now you know it's um, it's it's slowed down a bit. So all right. well, um, about 11 minutes to the opening bell. I'm not sure if there's really anything to go over that.

I haven't already covered Imra leading gapper. Still, it's a merger atxi second leading gapper. it's got Gap fill on The Daily from 307 to 614 so we're in the gap on The Daily They already did the offering so the offerings out of the way. We don't really have to worry about that.

It's kind of a dead cat bounce, but it is bouncing up a little bit so we've got a little something there. Uh, ctm Second third leading gapper reverse split I think it's also an up list. Looks a lot better over five. Right down here is a little cheap.

Lace 550 is the spot that we'd like to see break. Been a little choppy like the idea, but I don't I don't know if it's going to really open up today. It feels more like a grinder and the problem with those types of stocks is that we don't often see the level of follow through that we want. Bmra it is easy to borrow.

Um, let's see foreign. So 2400 locations I mean that's it. Certainly seems good, but I'm a little thrown off by the fact that it's easy to borrow. so we've already been seeing this challenge.

with stocks pop up and then drop back down. they don't hold so it needs to hold up. We'll see if it can. High was 570.

yeah, I'm not sure if we're gonna get good opportunities on that one, but keep it on a side chart for now. Uh, g-e-h-i this was one of those. Wild Card stocks I Don't know that you'll get anything on it, but if it broke 20, uh, pretty sure it was a blue sky setup with a recent reverse split. You know that that kind of um has some of the some of the things that we would probably look for.

Let's see um: TM Headquarters are in China so you know we know the trend with some of these. Chinese stocks that they pop up, they make some big moves. Largest provider of early childhood education in China foreign who knows. Side chart: wild card stock bigger spreads right now Atxi still holding up relatively well.

You know if you were shorting it off of 40, it's only down seven cents, You know? Hey, you can still make some money on that, but it's not down that much. Five minute is still extended off its moving averages Bmra back up to 550. nice holding up pretty well. Nice trade.

Good job Ttoo back down a little bit. All right. Well Uh I Want to thank you guys on YouTube as always for tuning in. I'll put a link to a couple episodes that you guys can check out.

Um, I'll put them right here and right here. So a couple recommended videos if you guys want to keep learning. I'm going to keep trading live for Traders at Warrior Trading Members of Day trade Dash If those of you on YouTube One join us at some point, you're welcome to uh. but I'm gonna end the morning show here and I'll see you back at it first thing tomorrow morning.

So thanks as always for tuning in. I'll see you Monday morning All right, see you on Monday.