All right everyone. So uh, it's about quarter and nine here. and as we're sitting down, ten of nine as we're sitting down. uh, I've already, uh, had a bunch of trades this morning.

So I've been live streaming my whole morning over. Um, on day trade dash. You guys have had the ultra low latency broadcast and of course Warrior Pro members have as well those who are tuning in for the morning show on Youtube Reminder: you're on a delayed broadcast and we do have ads on the Youtube channel, so just be aware of that. Don't try to blindly follow me or anyone else for that matter.

It's not a recipe or a strategy for long-term success. You've got to learn the right places to get in and get out. And the way you do that is by practicing a ton and by studying other traders just seeing how they're trading, how they're finding success. So today I've already, uh, found my way up over the daily goal.

I'm a little more than, um, halfway to being at uh oh, I'm I'm getting close to being at twice the daily goal. I'm sitting at eight thousand, ninety three dollars and sixty three cents. First trade of the day I went red. It was a fifty three dollar loss on Frza.

The first trade was, um, an attempt over uh, eight? sorry 950. Where was that? Um, that was right in this area here right around 8 a.m Lost 50 on it, popped up, didn't hold pulled back. I did get another trade on it right through here and that was a small winner. So I've got, um, I guess a thousand dollars of profit on Frca.

but uh, this is our leading gapper. This morning it's up fifty 50 but it's uh, on descending wedge here and it's at V Web, but it's been a little tricky. It's not been super easy so I'm not sure if we're gonna get uh, more action on it. But all of this I would say is related to Meg L.

yesterday which gave us a fantastic Dead Cat bounce. and I want to acknowledge that for anyone who lost a cat this week, this is to be really hard because we're going to be talking about Dead Cat Bounce a lot. We had um, Megal all day yesterday and then today we're coming into Frza uh and we also had a bunch of others that started to pop up. So it's uh, you know it, I, I, I, you have my sympathy.

It's been, um, definitely quite a week. So my biggest winner was on uh, Reborn Coffee which is also a recent ipo. Another Dead Cat Bounce. So this is.

We're getting into this little theme here, where this is where we're seeing some action. Just like a couple weeks ago, we were seeing it on recent reverse splits and this is good. This is definitely a telltale sign of momentum. We're getting some exaggerated moves, we're getting some nice clean action, so I'm hopeful that, um, you know that we continue to see these types of opportunities and I'm totally okay with them shifting from um, you know, setup to setup.

That's fine, Tgl, This was a nice one. Um, it's definitely still worth watching. So this is the daily setup. All-time high was 1980, started to curl up here.

Got a trade on it and this might give us some more. I was wondering if Meg L. was going to give us a little bit more action. Um, you do have this yellow descending resistance line, which I think is pretty obvious.

Usually I would think that these are good for at least a second day trade after such a big move yesterday, but this just happens to have formed a very clear level of descending resistance, which could be a problem. So that's crossing around like, you know, 2170 or so right now. So if we could break through that, uh, then that's fine. And maybe you know, whatever, we'll it's on Watch.

It's on a side chart, Tgl's our side chart and Frza is on a side chart. So we've got a couple that, um, we're keeping an eye on. I've got my classes there and I want to remind folks, um, of a couple of things. So for those tuning in, especially on Youtube, we've got, uh.

two sales going on. Warrior Trading Dog Days of Summer: 40 off your Warrior Pro? Um, uh. membership. Year Long Membership to Warrior Pro You could do 90 days if you prefer, but most people do Um, the full year.

And for those that haven't checked out the Warrior Pro curriculum, you can go to products and then down to Warrior Pro right here and you can see. I've got. There's a bunch of videos on this page that walk you through the Warrior Pro curriculum. We've got the Dog Days of Summer thing we've got.

Um, this is the Small Cap day trading course. We've got the chapters. We sort of have everything laid out. you'll see.

You have access to the simulator, access to mentor sessions, access to day trade dash, so you have access to that. and our hope is that this helps you sort of jump start your learning curve. For those that have been wanting to learn from someone who actually is a profitable trader who knows what they're talking about, you could check out the syllabus here. This is the starter course, which you could also buy standalone if you wanted.

Some people do, you'd see that over on products. Right here is the starter so you can check out the start of course if you want to. That includes access to uh, the chat room and scanners and uh, simulator as well. And then let's see where was the syllabus.

So the syllabus here. As a Warrior Pro member, you'd have access to the starter 15 chapters. You'd have access to the 20 chapter pro class, which you can see is substantial. You'll have access to the large Cap class taught by Mike, the Active Investor course taught by Mike, the Swing Trading and Options course that I taught, Trader Rehab which I also taught with Ted the New Algo Scalping Class Day Trading in an Ira Trading Psychology 12 chapter.

So this is just to reiterate, this is a ton of educational content that's included in your Warrior Pro membership. All right. So and then those that are perhaps more experienced traders and don't feel they need the educational support. If you want to just jump in and start using the same scanners, enjoy the ultra low latency audio video broadcast that I'm putting out every day.

You can be a member at Daytrade Dash and there's a coupon to save Uh 30, so you could check that out if you are interested, right? There's the coupon code, all right. So I just wanted to hit those two topics. And let's see, I'll switch back here to the Gap scanner. So my game plan this morning.

Uh, having already, Uh traded quite well and of course all these trades were live broadcasted to early folks that were logged in. Tgl coming up again. Yep, I see it. It's breaking V-wap It's definitely worth watching.

Meg L 21, 70, 22 That's sort of the level I'm watching. so like on Tgl, it just pierced through V Wap up to 9 34. Is it going to be able to hold this level? You know this is an important level that it needs to hold in. Let's see whether or not it can do that.

Frza is flat right now, just sitting at like 206.. let's see ten thousand shares on the bid though on Frza, but you know you could see it's a break of Vwap right there. So again, a little bit of a breakdown. So just Joe asks: Is the training technical and fundamental real time or videos? So um, all of these classes are recorded.

so it's in a learning management platform so you can watch them at your own pace. This this is so much content. They were taught live, but now they're recorded so you can rewatch them. Um, at whenever you'd like.

It's just yeah. I do re-teach classes from time to time. I just taught um, Algo scalping a couple weeks ago in August 2022. New, uh, Trader Rehab was in January and we focus primarily on technical analysis because that's really the, um, that that's the sort of the idea with day trading.

we're trading technicals, but it's not. Um, totally excluding fundamental analysis. We do cover that as part of the warrior starter class here. Okay, so Fr.

Za still has um, some Adfn orders going through, so thanks for those um in the morning show over on Youtube who have hit the thumbs up. Really appreciate that. As always, tomorrow we're going to have a new episode uh uploaded for the podcast so you guys can stay tuned for that. that will come out on Youtube.

Uh, next week we'll put it on the podcast first and then we'll put it on Youtube the following week. Amtd. I know that this one's bouncing up a bit. Not particularly interested at this point.

Frza reclaiming. Yeah, it's always nice when they reclaim that level, but the low there was 90.. So let's watch the top of the hour nine a.m and see if we have any breaking news. See, it's so easy.

I probably would have stopped out on that break. I would have stopped out on the I mean I don't know. I guess you had a double bottom here at about 90. just felt like it was breaking that support level.

Uh, this is Macd so if you check out, um, let's see avoiding false breakouts. I did a Um video on this where I talked about the settings that I have and why I've set them up. That way I'll um, I'll post the link right here. There you go.

So yeah, that was for avoiding false breakouts. Well, uh, so question there, what's the biggest win? Um, during a morning session, I've certainly been up well over a hundred thousand during, uh, pre-market trading before. My biggest green day is 475 000. But I have to tell you, my results are not typical and there's no guarantee that you'll find.

I tell you that that level of success. I'd share it with you. of course you asked. But um, it is real money and I do have my broker statements audited at the end of each year.

But it doesn't change the fact that trading is risky. So Megal. We've got a little bit of an issue here. um, as we're coming back up to the to this, uh, descending resistance line.

but if we could break through it, then we've got um, you know, pretty clean shot here. Up to you know, 20, 23, 24. So it's worth watching the high This candle is about 70. I'm gonna take a starter there on Megal and add 85 and 90..

So I'm in at 69 added at 90.. Now let's look for that squeeze through 22.. I think that we have a chance of getting the break of 22 and to move up to 22.50 So right now holding the position, not selling, looking to add over 22 for that surge? because we have high volume on this candle right now, I think we're gonna get the break 2190, watch 2190 for the ad and then we're looking for the break through 22.. So right now just holding and looking to add for the surge through this descending resistance line, this is the right time of day for a pretty nice breakout.

I mean it's sort of like the perfect time of day. this is when we see these breakouts. So watching here added at 90. now next adds 95.

I'm going to look to start scaling in here. Add it at 97. there's 22. Taking a little off the table because I sized up a little heavy.

Now let's see how it holds up. Average is 73. watching now for a dip added back at 74. versus the high of 99 or 22..

So let's see if we get that break through 22. there's 80. a little bit of profit at 77 Sizing down watching for dips there. I don't know if you saw this, but if you're looking at the level two, you would have seen it.

As soon as we came up to Um 70, right up to Um 22, there was a seller there. I don't know how big it was. It was large though, flat and watching dips orders at 50 to buy a dip dip at 64. 65..

So I'm going to start dip trading this for the retest of 22. 63 on the bid 40 000 share buyer. That's a large buyer and that's what we saw yesterday. Remember Hmm.

Interesting watching. Added it 55 on the dip there. Tried to get filled at 44 but added at 55 averages 58. There's back up to 64.

small winner. So unfortunately we weren't able to break through this level. There was a seller in the way at 22. I had already added too much to keep adding at 22.

so my high ad was pretty high, but took profit when I saw that Seller added back on the dip. Caught a couple bounces. Now back to flat, high volume. good but couldn't break that level so still on watch.

I'm not sure that why. So we had a 40 000 share buyer that just popped up and it disappeared really quickly, so I don't know if that was. You know there's people out there that'll put an order like that to try to get the stock to pop up so they can get filled short position right? They'll be on the ass to go short. So it might have been someone playing games.

I don't know. Not sure. I didn't see if he got filled, it didn't look like he did, but no, you're not supposed to do that. Um, if your broker saw you doing that and you know they, I'm sure have ways of detecting it.

Your account would be closed, so it's a little bit past nine. We didn't have any fresh breaking news at the top of the hour, so Meg L is on the Gap scan right here. Frza still kind of struggling also dealing with this, uh, descending resistance. Um, the question At this point.

Do I ever get nervous during a trade? or feel adrenaline? Um, I suppose sometimes. Uh, but usually only if I'm really not managing my risk very well. So like if I took a very, very aggressive trade on Meg L when it was up to like 200 and bought like 5 000 shares or something crazy like that, yeah, I would have been feeling it for sure because I probably would have been down 50 000 just on the spread. So yeah, I can.

I could put myself in that position at any time and I would certainly feel very uncomfortable. And so it's my job to manage risk and try to not let myself, uh, you know, take uh, those types of trades every now and then though. I'll you know, take a trade and maybe it's on a ipo stock or something like that and it's like, okay, this is going to be the type that either there's a big winner or a big loser and so when I'm coming up to that type of trade, I can feel more, uh, more of that. And I think it's good to push your you know boundary a little bit in terms of your comfort zone.

and to try to test trading with larger size and being more aggressive because that's how you grow as a trader. but you don't necessarily wanna always be in that place. so I I don't really remember the last uh trade I took that had me particularly stressed out. Um, it's been.

it's been a little while, but I haven't been trading with huge positions for the most for the majority of the summer. Oops. Looks like I've got an internet problem. Okay, all right.

Um, so it's about ten past nine, just sitting tight at the moment. so let's see. Um, so F R Z A Yeah, it's pulling back a little bit. Meg L.

Not really sure about this one. For those just getting tuned in on the Youtube morning show, you can check out over on Warriortrading.com We've got Dog Days of Summer sale going on right now. 40 off and you can use that coupon code for either the starter or the pro and you can check out the curriculum, view, course, syllabi syllabus here. For those that don't need the classes but want to focus on having my audio video broadcast, you're welcome to sign up on uh day trade dash and you can use a 30 off coupon code.

All right. So yeah, I see. um. Artl moving up a little bit.

Recent reverse split right news looks like 903 so let's check the headline. Wow, look at that so that's I just saw 670 on the ask for a second flashed up there 666. ooh mark of the devil so perhaps I don't know. Um, we'll just have to see.

But very nice move there. High 666 730 is your 200. it's up 39. We'll see if this goes higher.

No trades yet for me on it. Meg L. Coming back down a little bit now so just sitting tight, we've got about 15 minutes to the opening bell. I'm hungry.

All right. Hold on. Okay, so as we're coming here into the open, um, I think that I'm going to sit tight. I'm not going to take any more trades.

I'm going to see whether or not we get some opening range breakouts. So Meg L. will be on watch. Frza will be on watch and we'll keep Tgl on watch as well.

It's a possibility that it curls back up, so we already got some good action this morning. Overall market was super strong yesterday, pulling back a little bit pre-market but but nothing nothing too major. So at this point just watching to see what starts to open up and what can prove itself. Obviously I focus on trading the top two or three leading gappers each day.

So Fr za we do want to keep an eye on it, but uh, the charts already pulling back so that one might not work. Meg L. is a little further down the gap scan. Tgl is a little further down the scan as well.

Pg wise continuation, but not moving up as much. Alright, so that's the game plan right now with a little less than 15 minutes to the opening bell. For those tuning in on Youtube for the morning show, I will put a link here to a couple other videos that you guys can check out if you want to keep studying. So I'll put a video here and another one there so check those out.

Reminders: Always trading is risky and we'll be back at it first thing tomorrow morning for the morning show starting around nine o'clock Okay, so with that, um yeah, we've got a so you can see Frza selling off more. Can't trust that one right now. Unfortunately, this that may be as good as it gets what we already got. I'm not sure we're gonna get a lot more clean action.

You.