Good morning, We're sitting here. uh, just past 9? A.M So top of the hour and I'm gonna start going over our watch list for those. uh, tuning in on YouTube and Facebook welcome for uh, the morning show here. We've got some momentum this morning, which is great to see.

Cwbr is up currently 186 percent, so that's a good move. That's um, what you like to see. I'll put that one up on the, uh, the main screen so you can see that one clearly and let's see. um I'm gonna log in here to my stream so I can just watch this a little bit better.

So Cwbr just broke 200 percent on the day. All right. So those you guys tuning in on YouTube and on Facebook let me know if you can hear me and see me. All right.

Seems like the broadcast is going through as the connection is good. All right. So uh, this morning we've got a couple different stocks. uh, worth keeping an eye on.

You've got Cwbr right now. You've got Bio C Moving a little bit higher Biosity is a tricky one. It's a it's a pretty thinly traded stock. Just went from seven dollars up to 770 on the ask Cwbr.

The high right now is 66 because you've got you've got three green candles in a row, so it's a little extended coming into this level. so a little extent coming into this level here. Bioc is also a bit extended. The Cbioc kind of popped up there through seven up to 770 and then coming back down so high level.

Uh, for those tuning in, uh for the first time I Want to remind you, uh, just to sort of set level expectations here. What's the goal? So the goal each day for me as a day trader is to try to find really one or two good trades. Now, some days, as you guys know, I'll take a lot more trades than that. But really, if we just simplify it down, the goal is to find one trade and to grab 20 cents out of the market.

If you can grab 20 cents out of the market with a thousand shares, that's 200 bucks. So when we look at a stock like Bio Seed that just went from 7 to 770, that certainly could have offered the 20 cent potential, we look at Cwbr, which is up currently 190 percent. This one certainly offered the 20 cent. In fact, I've already gotten my 20 cents on this trade on this stock.

So I've already hit 1 331 dollars of profit on the day on Cwbr. So if I was a Trader focusing on discipline at this point, I would already walk away. I would say I'm done I got green I'm out of here I'll come back and do it again tomorrow. It's so important to be disciplined about locking up green days and then coming back and doing it again tomorrow.

So I love when I see traders who are saying okay hit my daily goal I'm out of here because that's showing me they've got really good discipline. So the question, uh, ultimately, is, how do you find a stock that can give you the potential for that 15 20 cent, 30 Cent 40 Cent 50 Cent move. And then once you find the stock, where do you get in and where do you get out? So if we look at Cwbr, this stock is at the top of my scan right here. So it's the leading percentage gainer in the entire market right now.

That's a big deal. There's a lot of eyes that are on this stock. That's what we like to see now. right now.

it's extended Okay, but we found the right stock. It's up a lot. It has high relative volume. It's got a relatively low float.

It's liquid. Everything about it right now is good, except for the current chart pattern is showing that it's a little extended because we already have three green candles in a row. Naturally, a better place to have bought it would have been like down here or maybe like right in here. you know.

And and you know you could have taken some trades in the middle of this on the way up. But at this point, if you bought it right up here, well, you're kind of getting in at the top. At least it feels that way right now, so you're getting in a little high, so this needs to pull back before. I Think it's safe for another entry, but then that's the question is okay.

Well, where exactly how do I find my entry? So now I'm going to start analyzing the chart that's technical analysis and looking for a potential entry on this. so I could connect. Uh, the lows of these candles here potentially draw out what could be an ascending support line. So if it came down to this blue line, that could be a place to take a dip.

potentially. Uh, on the five minute chart we've seen the pullbacks have been near the nine moving average, so the nine moving average could be another. um, a potential spot for an entry. the high of day is 4.65 Now right now it's hanging out at five I'm sorry 454.

so it's really just under that high of day. It wouldn't surprise me right in this area if there are people shorting with a stop. Against the high thinking, well, geez, it's only you know I'm getting in like 10 cents off the high. This is a good spot to shore, so you might see a wall of selling up here against the high.

That would be resistance. and we could see more selling in this like 70s and 75 because even if it breaks the high by like three or four cents, if it breaks, but then rejects. Well, then that's an even bigger confirmation for a short. So just because it breaks 65, you might have some shorts to cover, but you'll have others that keep adding.

So this position right here for me is not. Uh, there's not enough reward to justify the risk to buy it to the long side and I trade in a retirement account which means all of my gains are tax-free which is phenomenal, but it restricts me to trading only to the long side. I cannot trade to the short side, so you know I might see something like this, but uh, I'm not going to trade to the short side. Okay, so right now Cwbr interesting, but needs to pull back.

So if you look at some of our other scans here, Ocea hit the scan. We've got some continuation stocks. we can look at top gainers top relative volume a couple recent IPO movers, so I can look at a couple of those in more detail. Those of you tuning in on YouTube uh, and certainly those of you turning tuning in on Facebook as well.

I'll put a link for you to register and download copy of my best-selling book. Let's see: I think I have the page right up here? Yep. I Do so many of you guys know? we are currently celebrating our anniversary here at Warrior Trading It's been uh, 10 years since I started putting out content on YouTube 10 years I created the YouTube channel in 2013 and I can't believe how fast the time has gone! It's crazy and every single day I am still excited to sit down and trade. Which really speaks to um, you know how how fun trading can be.

Now it doesn't mean trading is always fun. There's certainly times where trading uh, can be difficult. There's no question about that, but uh, you know, in totality, it's it's great. And I love it.

And I'm excited to show up every day and you guys, uh, bringing your motivation to the table. it's It's awesome to see how excited you guys are to learn. So anyways, um, we've got some free downloads that you guys can, um, can access if you'd like. Uh, we've got my micro pullback strategy, my pre-trading checklist, my small account worksheet, a copy of my 2015 best-selling book, had a day trade, and my technical analysis series and everyone that's on our newsletter, our email newsletter.

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All right. So uh, it's about ten past nine right now. Cwbr. You know it's kind of going sideways here.

The Macd is curling against the trade, so You know this is a position where I Just think there's more downside than there is upside. So I'm not a buyer in this area Ocea Hit the scanner a few minutes ago. Uh I don't know about this one. It's under the 200 moving average on The Daily A little bit of resistance here I Don't think that's gonna work for me right now.

Bio: C this one hit the scans as well. Hey Max good morning. Yeah, that's a good call on looking for a bear trap I'll keep that one on another chart. All right.

So I'll put that up there. Okay, that looks good. Same we had Mgrm IPO Big range in two weeks. Um has sold off pretty hard.

There is a part of me that wonders when we might get a dead cat bounce on it because that's a pretty hard sell-off so you know it's on my list. uh, as a possible trade mgrm down 13 this morning. but if it bounces, you could easily get I Mean you could get a nice bounce off of that. So anyways, no trade on it yet, but worth watching.

it's on the watch list. CWD Another one that did an IPO and has sold off this one I Don't like as much for a bounce. it's already tried to bounce a couple times. Cwbr Uh, pulling back a little bit here.

back down towards 442 so five minutes just starting to pull back. That's fine, You can see how the last time we had a couple candles pull back a couple cans of pull back. but what we also know is that first pullback and second pullback are usually the best. Third pullback can get a little sloppy so I have to be a little bit careful about that.

OMH Yep, I can look at that one. Let's see. Uh, we are right. So the thing is, OMH popped up yesterday, so since it did pop up yesterday, it's not going to be worth trying to trade a dead cat bounce on that today.

S H P H lower priced under two dollars Embark yesterday was also lower priced, but it did end up making a huge move. A really nice move all the way up to over four dollars a share to 437 high. So we got a nice move on Mbot some uh, kind of a dramatic candle there with the halt down, but was really steady even into the afternoon, so that was good to see. So I've got S P on one chart.

Overall Market's pulling back a little bit, but generally speaking, we're still in a pretty good position. a little extended relative to the last two weeks. sort of at the top of this range, so do for a little bit of a pullback, but hopefully we're able to hold at least the 200 moving average. This dip back here was during the Um Silicon Valley banking uh, drama.

that was going on. So Cwbr on that chart? those are you guys just tuning in? You could check out, uh, the link that's pinned in the comments. Download some of these free resources let me know if you see something that I'm missing, right? So Htcr, another lower price name had a move earlier is kind of lost attention as Cwbr squeezed up. but this is a position and this is one of the challenges.

So like right now, this is a nice area around support but have Traders lost interest in this. That is a challenge right now where we're seeing. you know a stock that's making a big move and then you start watching it for a pullback and it starts to pull back and then every Trader just goes focusing on something else and then that stock ends up making a big move and the pullback doesn't end up resolving on this one. So it right now feels like a bit of jumping from stock to stock to stock to stock and that is a challenge.

Hey Rob Good morning, Welcome! All right. So Rob says good morning All happy to say Warrior Trading Member as of this morning. Finally welcome. Well I'll remind you the same as I'll remind everyone who's tuning in on Facebook and on YouTube Number One practicing a simulator before you put real money on the line so we have simulated that we make available for our Warrior Pro members use it.

Practice in it. Don't put real money on the line until you first proven profitability in the simulator. If you do that, that alone is going to save you a ton of unnecessary losses. The Market's going to be here for you, so be patient practicing the simulator.

Get a feel for how these stocks trade, the spreads, how they pop, how they drop false breakouts, bull traps, bear traps, get a feel for it, get comfortable, go through the classes and then you know Once you've started to gain some consistency in the Simulator, take a period of time in the simulator where you treat it like real money. You say? All right? I'm gonna treat this like it's a real account and I'm gonna see how I can do over 10 days. If you make money over those 10 days focusing on one trade a day, then maybe you start thinking about okay, when's the time to start doing this with real money, but with like 100 shares proof of concept. That's the right way to learn.

and that's not how most Traders learn most. Traders throw real money at the market, end up taking real losses, and then get very emotionally and financially invested. They get emotionally compromised and their ability to make good decisions and it can start, uh, your career in a very shaky way. so it's not worth doing it that way.

especially right now. I Mean the market generally is on the colder side right now. We've had some good opportunities, but it's not the hot Market that we had um, you know in previous months, so this is a good time to be practicing in the simulator. So I don't trade Bitcoin I have no interest in cryptocurrencies and I've said that for basically forever I don't trust them I think they're kind of sketchy and for me when I first learned about Bitcoin I was learning about it because I you know was reading about the Silk Road and these underground uh, you know, dark websites where people were buying and selling drugs and all kinds of illegal things.

So I've always Associated crypto with these unsavory things. it's that's just what I know it from and unfortunately the crypto exchanges I always felt were kind of sketchy I didn't trust them and then what happened with FTX was just like yep, that's not surprising. So I've never I don't trade crypto for the person asking on YouTube not interested in Bitcoin um I just trade stock and you know did I could I have made money trading cryptocurrency? Sure, maybe I don't know um but I couldn't tolerate the risk and the risk for me was that I didn't trust my money in any of those types of accounts I mean those with any of those Brokers So if you can't trust the your bank then you know that's that's a major problem Ocea Moving up a little bit Uh, High 758 Well, it shows. 33.85 Yep, it's accurate.

Hmm. so I don't short stocks? Uh, primarily because I can't I'm trading in a retirement account. but I'll add to the fact. Uh, add to that the fact that I think uh, betting against companies is um I I don't I don't believe in that I don't think I I think that that's uh, I don't I don't like that I don't like people that are betting against companies.

Um, certainly there are some companies that are better than others. and there's some companies out there that are, uh, really, not great. But you know everything we've seen with the short and distort and the naked shorts selling and you know we saw it with GameStop I Mean there was a ton of attention on that. The way these institutions can just drive a company into the ground by selling and selling.

and selling and selling just obliterating their stock price. That doesn't feel right so you know it's been around for a long time. Uh, it's not like it's a new uh Behavior or a new technique, but I'm I'm not I'm really not a fan of it I think it's a negative outlook, just hoping and betting things go down. but that's just me.

You're welcome to disagree with that. Ocea uh yeah. SP H sorry sh too cheap Cwbr. Let's Circle back to this one.

All right. So you've got basically three candles to pull back here. Um Ocea Hitting the scans again as it goes a little higher so you've got three candles to pull back. The problem is, you've got your Macd crossover.

Moving averages have moved again, have converged. Uh, the price is below the 20 moving average for the first time this morning. I Think this is actually a pivotal spot here. and I think I I Don't think that this is a safe entry unless it can get right back Above This level the fact that it broke this moving average, it's below ascending support that blue line that we drew right there.

So I don't think that this is going to be a um I Don't think this could be a clean trade at this point. I think the clean trades on this are done uh and and I got green on it. made 1300 bucks 1 300 31 dollars so didn't really make much. The problem was uh, you had the look at these uh, rejection candles.

It would have been very easy in fact, to lose money, you had this rejection candle here. another rejection there, another one there, and then a drop here. a pop back up a top there. this dip.

that kind of was a slow grind higher which I traded right in there if you recall. then it pulls back down here, then it comes back up to four and I got a trade on the break of four and then right in here. You know that that was right as I was starting the morning show. So I missed that last uh candle up.

We've got about seven and a half minutes to the opening bell. Um, so Ocea has a higher volume candle here right now that's red high volume Candle on the one minute that's red, don't really like those now. let's see. um, pretty much looked at all of these.

By the way, for those on Facebook or those on YouTube that I just want to use these scans. You can subscribe to them at Daytradedash.com at Warrior Trading we have the scans. We use those same scans but we also have all the classes and the mentoring. So over on dash.

It's just the tools on Warrior It's the tools plus the education. Now my opinion is it's hard to know how to use the tools if you don't have the education. But for those of you with enough experience that you just want to use the tools, that's fine too. So Michael on YouTube says shorting is easier but you earn less.

Um, that's a surprising move on Cwbr right there. and this is something that um I'll say there's been a couple of moves on this that have surprised me. I've been like that doesn't make sense. We had this this move right here I was like where did that come from you know, false breakout, false breakout, and then it just kind of ripped.

So right there it reclaimed that. The 20 moving average very quickly. But now look, it's going to have ascending resistance right up here at this blue line. So man that's a that is a tricky spot.

Your best hope is that there's enough people trapped short that they're forced to cover on it. But right now that breakout candle has low volume which is a negative. Divergence You want to see those candles have high volume so a breakout candle on lighter volume coming into ascending resistance I Don't know that feels like that could be um, trap. but you know Again, like I said, if there's enough shorts in it that they can, they get forced to cover.

Does that look pretty weak to me And then all of a sudden it goes. So your high rate now is 485 up 211 percent I Have to wait for a safer entry. Managing risk is most important. so that's about Capital preservation.

So I would say right now it's darn close to Breaking this blue resistance line. Three very big green candles in a row as it comes into the open. One of the things you have to be careful about is chasing. So when the Market's hot, when you have a stock that's really moving, you can get away with chasing a little bit.

But the problem of course with something like this is when you get a 60 Cent move this quickly if you buy into it too high. can really put you in a tough position. Got two and a half minutes to the opening bell. so I'm gonna be uh, streaming for Warrior members, uh for the rest of the morning and we may end up getting some more trades on Cwbr.

We may also end up finding another stock that gets a little sympathy momentum from this 200 percent move that we've seen this morning. This is good to see. It's great. This is exactly what we want.

Nice momentum. now. Maybe it's not as clean as it could be, but at least we have something that's moving. It's better than yesterday.

Yesterday was quite slow. You're right. buy high, Sell high. You're buying some If that's momentum.

Trading Having said that, buying after three huge green candles, what's your stop? So you have to be thinking about managing risk. so you've got to manage your downside risk versus your upside. So this just doesn't happen to be in this specific spot. In fact, the a safe place.

In fact, there might be a safer place when it's up 300 on the day. If it goes up that high. That's totally possible just because in that moment I was able to get a tighter stop on a trade. See, the thing right now is with less than a minute to the opening bell, this is forming a topping tail which you know again on lighter volume it's a little bit of a it's a little bit of a red flag going into the open.

All right. So we've got our watch list Cwbr up 200 percent. That's the leading gapper. that's the one that all eyes are on so that's the one I'll be focusing on I Want to remind you guys who have tuned in to the Morning Show to make sure you check out uh the free downloads that we have for you guys.

there's a link in the description you can check those out and reminder of course trading is risky. My results aren't typical so make sure you manage your risk and trade in a simulator before you put real money on the line. and I'll see you guys back here for the morning show tomorrow morning at 9 00 a.m All right, Thanks again for tuning in. I'll see you guys bright and early tomorrow morning.