All right everyone, good morning. So it's just past 9 a.m And uh, Warrior Pro Traders. We've already had a few trades this morning. I'm sitting green by two thousand bucks.

Uh, two winners, one loser. So kind of a slow start so far today, but it's it's still early of course. Uh, leading Gapper this morning on our Gap scan is Clvs. So this is the leading Gapper in the market for stocks over 50 cents.

it's 139 million share float. It's a lower price stock at 237. not sure I'm interested. by the way for those tuning in on Youtube.

Thank you for joining us this morning. A reminder is always that trading is risky and my results are not typical. So please take it slow trade in a simulator before you put real money on the line and don't try to blindly follow me or anyone else. This broadcast is for educational purposes only.

I do hope you find it educational. If you do, would love to have you hit the thumbs up. Uh, the stocks that I'll be watching. If I trade them, you'll see my positions over in the corner here.

I will actively be trading, buying and selling. These are all day trades, Very quick trades, so you should assume that if I've got a position here on one of these stocks, I am very actively trading it. Clvs no trades on this one right now. Not really interested at the moment.

Lgvn the one that I lost on I bought. uh, it's kind of sort of funny. Uh, my entry was right here. uh at 77 and I stopped out as it came back down.

I only lost on 5000 shares about I don't know 15 20 cents whatever in at 77 out at like 55 54. but I'm glad I sold where I did because it just kept coming down. I kind of thought at the moment this was a five minute bull flag but I was a little hesitant because I was like I don't know. It seems like it's a little slow, a little sluggish, but you know people were talking about it and I was like you know what, it is, the leading gapper.

let's pay attention to it And sure enough, I ended up losing on it. so that's a little annoying. but no big deal so took a loss on that one and I'm not really interested in it right now. It is still our second leading gapper, but it's got a ways to go to be more interesting.

Uh, Fwbi third leading gapper. A little on the cheap side ispo 4th leading gapper. Nothing really there. My main account I took a trade on Zvzt.

This is the Nasdaq test stock so you can you know practice buying and selling and everything else if you want to. But uh, that's not a real money trade so that's not going to contribute to my P L um on the day so I don't have to worry about that, that's just a practice trade. I may take some trades what I would like to do and this is what I did yesterday yesterday on what was it? Um, Drct. Took a trade in my retirement account so took a trade in my retirement account as it broke through 450 here, set out some Profit Targets and then switched to my main account to actively trade it.

Now it didn't end up really giving me a lot of profit in my main account because it didn't really continue as much as I thought it was, sort of ran into 494 and then pulled back, but I like that idea and so if I find something that I think presents a similar opportunity, I wouldn't mind taking a position in my retirement account and then kind of holding it. Maybe setting Profit Targets out 50 cents or a dollar a share, but just kind of putting that one aside and then actively trading in the main account. Because sometimes what I find is that if I actively if I have a really good entry, it's like I don't want to sell. but at the same time you know you feel like you have to book profit.

So can I kind of do both. get a good entry and then leave it for a few minutes and then in the other account. Just take those quick breakouts. because some of the places I might be taking quick breakouts, I could be screwing up my cost basis in my account where I got a good entry, you know, and and then if it starts to pull back, even if it's totally good on the five minute, I might feel like oh, maybe I should just let it go so we'll see.

if anything gives me that kind of opportunity today, I could be hopeful, but I'm not sure. So like I said, sitting at about 2000 on the day right now and we didn't really have any good breaking news At 9 00 a.m we had news on Cel-z at 8 30. Squeezed up here from 340 up to five. So you know a dollar fifty a share made two thousand.

Eight hundred bucks on it. Got a little something, but nothing significant. Frge traded this on that curl right there. Squeezed up to 42.

look at this thing. did you guys see yesterday? I mean, holy moly, this thing really took off 2840 up to 30, 32, 34, 36, 38 all the way up to 44 dollars a share. So it's a recent ipo. This is the type of stock similar to Ispo that you know.

Sometimes these can go crazy and give us some big moves, but they're often short-lived so you don't want to get married to the stocks, but they may. It may provide more opportunity so Frge is worth watching. The volume is pretty light so it's hard to take big size on it, but later in the day yesterday the volume did pick up. So um, you know that that could be interesting.

Later today? I don't know. We'll see. I I traded it yesterday afternoon. I managed to lose 6 000 bucks on it.

I bought for the break of 44 right up here. I thought this was like a perfect curling pattern and then you know. next thing you know, I'm down and I had to cut the loss. So finished yesterday green, but gave back six grand off the top.

So anyways, that happens. Um, hymc, I saw it popping up. It's pretty thickly traded. it's already pulling back a little bit.

needs to get over three dollars on the daily 310, so just sitting tight on that for now. Uh yeah, just nothing. Nothing quite at the moment that's looking like exactly what I'm wanting to trade. Let's see.

Uh, yes for those on Youtube. Reminder: Uh, our anniversary is anniversary. month starts tomorrow and on Monday at 1 P.m Eastern. I'm going to teach a free class on Youtube and you guys on Youtube can, uh, tell me what class you want me to teach everyone that's on.

Uh, the newsletter is going to get an email with uh, the the top already requested classes and then you guys can vote uh, from there on which one, Um, which one you think I should teach. So if you haven't already signed up to the newsletter, make sure you guys sign up Warrior Students. You're already on the newsletter so you don't have to do anything more there. But we'd love for you guys to tune into the class as well.

Uh, it'll stream on uh, Youtube at 1pm. So we're doing some special stuff for the Youtube community to celebrate. uh, our anniversary of when I posted one of our most popular videos on Youtube has almost 10 million views now. and also when we opened Warrior Trading.

Hmm. All right, so I'm going to put that there for now. Well, I first created the website uh in 2012 as a blog. So 10 years ago and then a year later I set up the Youtube channel in 13 I believe it was and then in 14 opened Warrior Trading as A as a community so we can trade before 9 30 A.m 9 30 is the opening bell, but we can trade pre-market so pre-market is as early as 4 a.m although there's not usually a lot of volume at 4 00 a.m and then you could trade after hours if you want.

But volume team seems to sort of dwindle after hours as well. so we have about 20 minutes to the opening bell. So right now just sort of sitting and waiting and looking for something that might give us a nice clean opportunity. Yep, frge curling back up a little bit.

the volume is still relatively light on it. Ultimately, we would want to see it break through 42, hold that level and go to 44 and 45. So a bit of a higher risk stock at the moment. We'll see if we get opportunities on either pre-market or as the day goes on.

So why do I focus on share size rather than a set amount of money per trade? So it's a question that a lot of people have asked. The way I've kind of programmed my mind with trading in terms of managing risk is based on shares 510 10, 000 shares. I know how many dollars per share I'm risking. Uh, and I know how much I'm willing to risk on any particular day.

You know it's true that with a one or two dollar stock, if you're willing to risk ten thousand dollars, you probably take 150 000 shares. But it's also true that getting in and out with a position that big could be difficult if you have the the misfortune of catching a big flush all of a sudden, you could take a much larger loss than you expected, or if you got caught in a halt going down or something like that. So I just find that it's easier for me to calculate my risk based on share size. So I don't say like I'm taking every trade with 50 000 and that's how I'm managing it.

I am much more focused on a thousand shares means this much risk, but you know it's different ways of uh, approaching it and if you are better with thinking of it in terms of percentages, and you know I'll take fifty thousand dollar position and risk five percent? That's 2500. You know that's fine. You can certainly do that All right. So let's see about 15 minutes to the opening bell.

Yes, Thank you for those tuning in on Youtube for hitting a thumbs up. Lgvn. Yeah, it's coming back up. we'll see.

Yeah, so I would say it's kind of a head and shoulders pattern here. Very small head, but that's kind of a head and shoulders so I'm not sure. It seems like we might go flat here and then roll back over. Yeah, I don't know that we're going to see parabolic price action on Lg.

Vn seems a bit unlikely at this point. I could be wrong. Uh, it just it doesn't. It doesn't look like it has that potential.

I don't know, it just doesn't. It's sort of been in a relatively narrow range. It's already done some false breakouts, It just doesn't quite look like it wants to do that. Maybe I'm wrong, but this looks a little choppy ispo.

Float: I show 46 million shares on Lightspeed. Uh, I show 15 million here. Let's see, Finviz shows 21 million and their their their last earnings statement said as of February 9th it's 17 million class A and 4 million class B. So it's not a 1 million share flow.

Yeah, the funny thing is different data vendors. just it's it's an issue with float. You'd have to check the the Sec filings. That's the best way to know for sure.

Well, usually if I haven't taken a trade by 10 am, I'm not inclined to take any at all because I usually do the best in the morning. So 10 a.m is kind of my cut off for if I haven't taken any trades. Just usually saying all right. I'll try again tomorrow.

Uh, I haven't taken any trades here in like you know, a little bit. So we're just in a little bit of a lull here at the end of pre-market with nine minutes to the opening bell. but that's not unusual. That's that's fine.

So ispo. I think it's a dead cat bounce off the low. I'm not that interested in it. I'd prefer something like Frge or this because it's still the front side of the move.

but you have to be careful because you don't know how high it'll go. You don't know where it might reverse this. Having made the move from 28 to 44 showed us clearly it has a lot of potential, but we don't know if it's going to do that again. It tried to open up here and then ran into some sellers at 42.72 You know at that point it was only a dollar fifty a share away from high of 44.

And the next thing you know, the front side of the move continues into day two. It's a continuation setup so you know I see some orders right there at 99 going through, but small size 40 50 cent spread right now so I added right there a starter. I'll put 250 shares to add over 41. the high that candle is 40 95.

we'll see if it wants to curl back up. you see a seller there but then back to 45 on the ask. The spreads do make it difficult and what we really are going to look for is for it to start to move faster, so that would be through 41.50 42 The closer we get to yesterday's high and so the advantage of getting in a little early is that you've got a better cost basis. If you wait to get into 42 or 43, then you're in at the very top right? So next orders at 42 to add and then I would probably add 42.

Uh, actually it's orders at 42, but I would add over 41 at 41 42, 43 44 and then see if we got that extension up to 46 47 48. But in a little early we'll see if it curls right now. We have about six minutes to the opening bell, so you see, it kind of dips down there for a second. just needs to break through 41 42.

Well, it's hard to say at the opening bell, but you know, based on yesterday's price action and the fact that we're holding in the range, we're only a couple points below the high I'm looking for. the break of 44. I might not, might not get it, but that's what I'm looking for. Lgvn is pulling back a little bit that one's can't trust volume weight average price is around 39.50 so we kind of have a lack of something really obvious going into the open.

I I was hoping maybe we'd get some breaking news or something like that. Hymc? I don't really care for that one, Frge. It's definitely a wild card type stock. If it goes, it'll be wild if it doesn't Well, you know it doesn't but it's going to be a higher risk one no matter how.

I trade it. About four minutes to the opening bell here. so Frge is up about six percent coming into the open, so we'll see if any swing trade short sellers get squeezed out over 41.42 and then a short squeeze up towards 50. if we get that kind of move, there'll be more opportunities on it where the volume might be a little bit easier than it is.

Right now we'll see. So watching for the break over uh, 41 orders at 42. Lg Vn up 37, but just can't trust it. unfortunately.

All right. So with two and a half minutes to the bell, the watch list this morning is Frge, maybe Lg Vn a little bit of sympathy momentum. We'll see if anything else pops up and we'll try to manage risk and see if we can make a little money before 10, 30, 11 A.m All right, so two minutes to the bell. Those on Youtube will be streaming again tomorrow for the morning show.

Students will keep trading here going into the open and we'll see if we can catch a little bit of momentum and find something that wants to squeeze up a bit. All right, so that's the game plan. Reminder as always that trading is risky. Most beginner traders lose money.

My results are not typical, so do take it slow.