All right everyone. Wow! I hope you guys are doing well. It's uh Sunday night and I'm gonna give you my game plan for the week ahead. Last week we had some momentum.

It was a little bit of a choppy week, a little bit of a wild ride, but we did have some opportunities. so I want to go over uh, some of the highlights of last week I Want to talk a little bit about what my game plan is for the week ahead? Go over some of my uh, sticky notes that I have here to keep me focused I Always almost always. Uh, you know, put out some sticky notes of reminders of things I want to focus on for the week ahead? just you know. little just little kind of pep talk reminders things like that.

So the one that I had set out for last week um, and I'm Gonna Keep it for this week was to focus on entries off of support and dip trades, especially at V-wap I'll talk about why this was important for last week and why I'm going to continue to set this intention for the week ahead. so that's that's the first sticky note. and I encourage you guys to, uh, you know, make a few sticky notes of your own that can be reminders. and if there were some great stocks last week that you saw, uh, there's nothing wrong with printing out a couple of those charts.

Here's one that I printed out already. this was. this was pretty interesting. We had two stocks that had almost I mean I almost identical patterns and this is so common.

This is what we call sympathy Momentum. So you have one stock that's strong and then you have another one that shows just a very, very similar pattern and it's happening at almost the same time. So when one drops, the other drops when one squeezes the other squeezes. So this was a grinder and Satx uh, grnd and Satx these were the two on Friday that both made uh, really big moves and you know we we can look at the chart just in this form.

um if I suppose. but um, but before I get into the game plan for the week ahead I Want to remind you guys that tomorrow at one o'clock I'm gonna host a free study group. it's gonna be uh 1 P.m Eastern and I put a link right in the um the comments for those tuning in on YouTube but I'll paste it again here and I'll also put one in the description. All right.

So um, let's see. Um, let me just see if I can find this link. All right you guys. Uh, hopefully we'll see it for those who are watching uh, a little bit after.

um, the fact. But for those tuning in, live there you go. Uh, There's the link for the study group tomorrow. Okay, so during that study group, I'm going to I'm going to cover a couple different things I'm going to talk about how I manage my downside risk as a Trader You know I mean trading is risky I'll say it right now.

my results are not typical. this is a risky thing and so my job every single day. and by extension your job. If you're an aspiring Trader your job is to manage risk.

so you're sitting here every single day. You think I'm a day trade I'm listening. Well, you're really a risk manager. You're someone who's looking at risk actively and you're trying to manage your downside risk.

Obviously, you're trying to maximize your profit. But really I think first and foremost about managing my downside risk and a bear Market is certainly an opportunity where you either get good at managing risk or you blow up your account. It's one or the other. so this is an important one.

All right. So managing risk? uh, I'll talk about that. I'll also talk about choosing strong stocks to buy. This is important I think a lot of beginner Traders and even intermediate and experienced Traders can get caught in this uh mindset of just trading anything that's moving and that can really get you into trouble.

I Consistently find whenever I'm in a rut that my fastest way out of it is by focusing on the strongest type of stocks to trade. Setups are different. There's setups, which is your pattern for where you're getting in and out, and then there's just the stock that you're actually trading. Both are important, but quality of stock is actually more important.

If you're trading the right quality stock, then a low quality pattern will probably work better if you're trading a bad stock. A really great setup. A really great pattern won't usually resolve as well. so sometimes Traders get so fixated on the patterns and the indicators because the indicator says buy and the pattern says buy but they're focusing on the wrong stock.

and so then they get frustrated they're losing and it's because they're focusing on the wrong stocks to trade. So then once we talk about managing your downside risk and choosing strong stocks to trade, I'm going to talk about my favorite setup for timing my entries and exits and this is the strategy for what it's worth that. I've been using really for my entire career as a Trader and it's a strategy that I use to turn drum roll 583 dollars and 15 cents into over 10 million dollars in trading profit. That is real money.

and as always I keep my audited statement right here. This is my audit report. This was um I get it done at the end of each year, but this is from um, the end of last year showing my average monthly return of 159 000 right down there at the bottom, beginning with 583 dollars on January 1st 2017 and I finished uh 2021 with 9.5 million and then of course crossed over at 10 million this year. So I I again I'm not saying all this to brag you guys, You know it.

I'm not saying it to brag I'm saying it because it's important that you know the person that you're learning from it's actually profitable and that that just says that they're profitable. But they actually can back it up with some type of proof. Broker statements audited? Well, it doesn't get a lot better than that, so you know. Anyways, I I Put that out there because I want you to know that these are real gains and I think it's important that you learn from a real money.

Trader So this will be. uh, this is the link right here for the 1pm study group. Um I'll be sharing my strategies that I use for turning 583 dollars into over 10 million dollars. As always, my results are not typical.

We don't track the typical result of traders in our community, so we can't make any guarantee that you're any more or less likely to succeed. So really, take it. Slow train a simulator. But if you want to learn, this is a great time to learn.

and I'd love to have you join the study group so that'll be tomorrow at one o'clock Okay, so with that, um, let's look at our um, let's look at Satx from Friday Um, Grinder uh Grinder was a tough one. Uh, this was not easy. so grnd uh, it lagged behind a little bit. initially.

Satx squeezed up. First it that one was strong and I did pretty well on Satx grnd. I jumped in it at about 25. no sorry, it was 28.

it halted up and I did a dip and rip and then it halted down at 25. I stopped out and took the loss. It then ripped back up to 28 and I was like I can't get back in right where I was just in and then I just I can't do that. But it ended up halting, opening and then squeezing up to 34 and then up to 40.

and then up to 45.50 and then up to 55.60 and then up to 70. up to almost 75 a share before halting twice. Coming down bounced off of what level volume weighted average price. This could have been a dip off V-wap right here at 40 and it bounced up to 55 and that was a high volume bounce.

a lot of Traders took that dip, hits 55, sells off again to 45, comes back up again near V-wap but it breaks below it, halting down, comes back above it. but I wouldn't have taken that trade. That one to me was not as clean. But the opportunities on this one were kind of tricky because either you were getting in for the high day break which is what I did on my first trade and I lost or you kind of missed the whole thing because it went from 30 to 70 without pulling back.

And then it did pull back. It was like a 40-point pullback. It was huge pullback. 30 points.

but that was the next best opportunity. the bounce off V-wap volume weight average price Okay, so now let's look at um, Satx so Satx on Friday This is our daily chart by the way, Satx is a recent IPO same as Grinder both are recent IPOs Why do I like recent IPOs How many of you guys know I talk about it all the time I Like recent IPOs for a couple reasons. Number one, if the stock is strong or even if it's sold off, but it's crawling back up once it breaks through, it's all-time high. It's called a blue sky setup, which is another way of saying it's at all-time highs.

So stocks that are at all-time Highs are the type of stocks that can make really big explosive moves. They don't have resistance. Now, when you have a stock that's very new to the market, you're usually not going to have a lot of institutional traders that are going to be taking profit into the squeeze. Now it's true that you have the underwriters who helped the company get ipo'd or you know up on the public market if it was a merger so you can have some selling and that can create a problem.

But generally with a recent IPO like this, it's not a big issue and you also have a lockup. a lot of insiders are not allowed to sell shares for a set period of time time, and so because that combination and it's this isn't true on every single recent IPO But generally speaking, these are some of the factors that make IPOs recent IPOs recent spec mergers especially volatile. and you know that doesn't That means they go up and they go back down. They have a lot of range.

you can certainly lose on volatile stock. but I like stocks that have range because when they have big range, that means there's a lot of opportunity. So Satx gave four days of really solid action. This last week you had Monday uh sorry Tuesday Wednesday Thursday and then Friday So Friday was the day we hit the high of 80.

and honestly, it looked like it was going to go over a hundred dollars. It wouldn't have surprised me one bit if it did. Uh, it kind of stalled out I'm not really sure exactly why, but it did sort of stall out, hit a high of 79 21 and then it kind of stalled out from there. So this is the chart on Satx.

So I was looking at it pre-market and at the time pre-market the spread was pretty big. It was like 43.41 by 43. so pretty big spread. I I Didn't have the conviction to punch it because there wasn't much of a chart pre-market As you can see, it was just sort of nothing.

Uh, so at the open it pops up a little bit, it sells off and then it does this nice curling and it almost gives us what we would call a a cup and handle formation. So this right here is the handle. You've got the it's not perfect, but yet when you have this U shape, we have the risk of a double top. But when you have a double top, it then consolidates.

You can get the cup and then the handle and you base your stop on the low of the handle. So the low of the handle right here is the low of this red candle. Let's see, the red candle was low of 45 dollars. All right.

So forty five dollars a share is basically your stop and your high is 46. 50.. So it's it's still a dollar. fifty per share.

but that's not bad considering the range. and then from there it squeezes into a halt going up and so I was actively trading it as it was squeezing higher. The places that I thought it was the cleanest right here. I Took that trade right there for the break of 46 for the squeeze up to 49.

that was a nice trade. There was another trade. Uh, it resumes hits a high. We get another one minute pullback right here.

That one was a little riskier because it had dipped below the half dollar or the psychological whole dollar of 50. but then it got back above it. So that was a little risky. but it did break the high.

It halted up again and then another dip and then it popped back up. Let me put my couple of my indicators on here for a second. Um, so I'm going to reload this chart here Satx. So one of the things that I noticed a little bit last week was that some of these stocks had really impressive dips off of uh, V-wap, and moving averages.

That just they it rallied back up so hard I was telling myself you have got to start stepping up and buying some of these dips because we are getting some really nice dip trades and I think it's time to start doing it again. So right there, look at that dip. it dips down to a low of 49 and then rips up here to 55.57 you get another one right there. look at that bottom candle wick.

It dips down here to a low of of uh, let's see, the low was 58 and then it squeezes up to 69 a share and then on this one, it basically just goes straight up. At this point it's starting to get extended and we start to kind of have that gradual pullback. But look at what level we come back to. back to volume weight, average price.

so it's holding 60. right there, holding holding, and then right there was the break so that was the spot where it's like okay, clearly it's breaking V-wap You know that's it. That's not good. You watch us see, can it reclaim? So right here it's reclaiming view app so there could be a trade right in there with a stop at V-wap and you could see that that gave you a little bit of follow-through but it didn't hold super super well so it was a little tricky.

All right. So Satx really had one super clean move and then it got kind of choppy and Grindr was kind of the same. it had, you know, basically one really big move and then a bounce off V web. But the bounce off V-wap was decent.

So let's see. um, continuation scan. So I've got my continuation scan right here. so you got Hudi.

This has a big ranged, uh, you know, just in the last two weeks. but of course that's because you scroll this back and those two weeks include this. You know, huge part of the sell-off so it does have a big range. I Feel like unfortunately it's just too weak.

but at some point this might come out with news and if it does, we could get a nice pop on it. So Hudi is on watch. that reminds me Pixie is still on watch. Pixie's pulling back on the daily.

Um, it had some resistance around like 18. it's kind of pulled back to that level. We really need some news to help this one take off for the next leg up. G Sun uh second on continuation scan.

Just in terms of the the range in the last two weeks, let me switch to five minute chart. So I'm not sure about G Sun it is sold off so much on the daily. I Mean it's really brutal. You think about this stock, it was at 90.

Now it's at two dollars. Uh I don't know that one's a maybe? um, Stsa. let's see why isn't this chart loading? Um I'll switch back there. Just look at the Json of the five wow charts like a pancake.

You've got to like resize it so much. Oops. Yeah So Json Stsa big range, but because of the sell-off I'm just gonna make a note to myself here. Okay, so we're looking at the biggest ranges in the last two weeks.

Satx of course is near the top of its range. Bvs this one towards the bottom, Apyx towards the bottom. Yeah, that one's sold up Glbl. That was crazy.

That one made a huge move in one day from eight to twenty eight dollars. Back down, a lot of these are in the bottom of their range. Some of them could be timed uh, for reversal trades, but they'll need some news fdmt grinding higher last week. Nice move overall.

Could watch that for a pullback and maybe news to send it higher. SNES Reverse split if we get News on that, you could check the float. 599 000 shares Super low float. um gylc really strong.

Look at that. just like straight up. The thing is that honestly at this point it starts to look like it might be a short for a reversal. back down DLo Um, someone mentioning that one on the live broadcast? Yeah, that one sold off pretty hard too.

but you could get a bounce coming back up so it's It's possible we could keep that on watch. Let's see. um, just checking short interest. In short ratio, Tccf floats a little higher on these ones.

Let's take a look at the overall Market So overall Market Um, we're right under the 200 moving average. I'm just going to switch my chart here. switch back to the Daily so our 200 is right around 400. That's the S the EMA exponential moving average.

So we're up into this resistance area here. But you know, for what it's worth, I mean the market. It hit a low of about 350 and you know, so being up 35 points to 385 is a 10 bounce off the low. That's not bad.

You're at 396 right now, so well over 10 percent off the low. but we're still stair stepping down. which is you know, I mean it is what it is I don't even I look at it just to sort of see context. But uh, the thing is, when the overall Market is super strong, you have just a general Rising tide of momentum that seems to kind of lift.

All Ships When things are slow as they've been, you just have a gen a bit of a general headwind. It's not a direct correlation. The overall Market can be weak and small caps can be hot, but usually small caps will have more momentum behind them just in general when the overall Market top. which is why 2021 was such a great year because the market was in just this.

really powerful you know, bull market. I mean it was incredible. You know the the S P made a huge move relatively speaking. so that was just that.

Thai Rising tide that lifts All Ships Um, so it'll be nice when we get out of this bear Market But you know we could be in it for another six months. another year, maybe longer. So I'm not really. I just keep an eye on it and see how things look.

So all right, so nothing really there. So yeah, so we've got our continuation scan there tomorrow morning. my game plan will be I'll sit down probably around seven, seven thirty. So Warrior Pro members, members of Day Trade Dash of course, those of you guys, um, on YouTube You'll see me probably around nine or eight a.m at 8.

No, sorry nine. I'll start streaming on YouTube around nine and give you guys my watch list. Um, but my day will start by looking at the Gap scanner right here. Ross's Gap scanner and I'll be looking to see who's the leader who is the number one leader on the Gap scan tomorrow.

and uh, probably whatever is in the top three or four will be the stocks I'm watching Pretty closely. Yeah, there may be a couple continuation names like a pixie or an Satx that might not be gapping up, but they were strong last week. so I want to keep them on watch, but um, but I I don't really? Um, I'm not really sure we'll see. Um, uh, so hmm yeah.

I think that's that's about it. I'm going to be watching The Gap scanners tomorrow morning. We'll certainly be watching my high day momentum scanners and we've got a couple continuation stock just to keep uh, an eye on just in case Satx GN Dr or Grinder grdn, whatever it was, um, and then pixie as a maybe hudi, there's a couple other maybes Bitcoin Nope. I you know I don't I don't even look at the the Bitcoin chart I Don't trade crypto sympathy stocks.

There's a number of them, but um, but I I just for a long, long time have found them to be difficult to trade. Sort of unpredictable Mara is down 50 percent. Uh, this month this is a crypto stock, so some Traders have traded it and liked it over the years. It was certainly stronger.

Naturally, when Bitcoin was was stronger. and higher priced and it went up to a high of 80 a share. but it's come back down quite a bit. So not going to trade any crypto sympathy stocks I'm just going to look for momentum in the morning.

probably preferably pharmaceutical biotech stocks. Those are some of the ones that have been the best or just a recent IPO recent reverse split, recent dies back uh, SPAC merger or something like that. That's probably what I'll be focusing on. So for the week ahead I Want to continue to keep my intention of trying to look for entries off support on strong stocks because there's been some really great moves and I want to try to capture as much of those moves as I can.

which means I need to try to take starter position sooner. so trying to take starters off of view app starters off of moving averages and then add into high a day breaks. So I'm setting that intention for next week. I do feel a little bit like I've been grinding uh, you know, kind of feeling a little bit burnt out just from the last four weeks of having really small base hits and not really, you know, getting a ton of big potential or big Winners these last couple weeks.

so I'm feeling a little bit burnt out I have to be careful because that can lead me with a little bit of a shorter fuse if I start to get frustrated. so I just have to basically hit it hard. get in, try to get green if I get a cushion and keep trading, keep trading and then hard stop because this is a market where when you start getting burnt out and you start feeling like you're getting frustrated, it can be easy just to kind of say you know what, screw it and to start taking really high risk trades just because you're frustrated and getting bored. so you have to be really careful about that.

Um, so yeah, that's that's pretty much my game plan for the week ahead. So for those of you guys tuning in on YouTube yeah and I'm of course green on the month. um I haven't knock on wood I haven't had a red month so far this year my worst month was in January and I finished up 26 000. So that's my worst month of the year right now.

but you know it's it's not impossible to have a red month by any means I do have I can I guess I've averaged a red month like I Don't know in the last three years. I've probably had three red months. So like one red month a year roughly I would say it's not super common for me to have a month where I actually go red. Uh, obviously.

uh, you know, three months out of the last 36 but you know one in ten? I mean there's A chance it can happen and it probably happened if you know. Like let's just say for instance, on Satx if I gave in to frustration and I took a you know, huge position on something like this and just had the misfortune of getting caught. you know, in the hot in a halt down um and it and it just doesn't recover and then you know I'm in it at like 70. it goes up and I add 80.

so my average is 75 and then I'm stuck in the hall town at 70. you know, with 5 000 shares at 75. it goes down to 65. I'm down 50 Grand it goes down to 45.

Uh, and I'm down. you know, 150 Grand I mean it could. It could add up really quickly with size on something like this. So this would be the type that, um, that I could get into trouble with if I chased it with size too high and then that could give me a loss that was so big I wouldn't necessarily be able to recover from it within you know, the span of just a couple weeks of of a month.

Um, but one of the things that I keep reminding myself is that I'm a manager of risk and so I didn't take 5 000 share positions on Satx on Friday I was taking Uh 200 shares, 150 shares full size 450 500 shares I mean I was not taking big size on it I know a lot of Traders were taking bigger size than me but I just knew this one had some big risk on it and I was like my job is to manage risk I'm a I'm a what I call kind of like an income Trader I don't speculate. There's some Traders out there that'll be like oh you know I'm up 10 grand on the month trading I'll just put all ten thousand dollars on this stock and if it goes to 100, I'll be up 100 Grand if it goes to zero then you know, whatever I lose my 10 grand. So what? that to me is a little bit more of speculative and a little bit more. Well, you know it's just it's a little gambly, but it's just more speculative I trade for income.

So every day that I'm trading because of course when I start trading, trading was my full-time income, it was my only source of income. So I have it ingrained in me to trade for income and that means I Get in I take profit I Get in I take profit. You don't go broke taking profit. That's what so many people say.

Okay, and that is income trading. that's trading to pay the bills. So yeah, sometimes you'll be a Trader who's trained to pay the bills and you'll be in a stock like this. Satx at 46 and you sell it at 49 for three dollars A share and 300 shares, you're up 900 bucks.

You're like sweet and then it ends up going to 80 a share and you're like God I could have made six thousand dollars or seven thousand if I had held that whole position. Um, but you you learn that if you don't take your profit poof, it'll disappear when you start to get in the habit of I'll just hold this and hope it turns into the big winner. You can watch how fast those unrealized gains can turn into break even and then a loss. It can happen so fast.

So we train ourselves to take profit along the way. and um, then if we feel like we could have done better, study the chart, look at it carefully and ask yourself what can I do better next time I Just try to keep getting better. Keep getting better. keep getting better.

And you know, if you really want to, uh, spend some time studying, join me tomorrow at one o'clock for my study group. Alright, so study group tomorrow one o'clock I Think you guys will enjoy it I Haven't hosted one of these in a while, so uh, I'm looking forward to it I Think it's gonna be a lot of fun I've got my slide deck all kind of ironed out here I'm going to do a little bit more on it tonight, but uh, this will be fun. It'll be the um, the first class that uh, study group like this that I've had I think since uh, sometime during the summer. So anyways, I'm looking forward to it and hopefully I'll see a bunch of you guys there.

I do have a couple things that I'll be giving away to those who attend uh and those who watch the entire Workshop I've got a couple of Um strategy PDFs I want to share with you guys um, a micro pullback and small account strategy uh, separate worksheet and I also have some special discounts that I want to give to those who attend the study group and say wow I really want to keep learning because we are coming into Black Friday and I want to do something special for you guys so make sure you check that out that'll be tomorrow at one o'clock And thank you guys as always for tuning in today for this uh game plan for the week ahead and I'll see you live streaming right here around 9 A.M tomorrow morning. All right! Thanks everyone! I'll see you in the morning.