6/9/2020 - LIVE Day Trading Watch List for Tuesday 6/9/20 by Ross Cameron

all right there we go so let's see um i see ea leading gap or 100 percent gain the catalyst announces a new fortune 500 company customer look at the daily chart on this see where we have resistance i mean we continue to be in a market where we're seeing stocks just showing this somewhat irrational strength but you know yesterday enob which was really strong pre-market by the time the bell rang it was well the bulk of the move was actually pre-market so on this one three dollars is daily resistance so it really has no resistance until three then it has room to 317 then room to 398 and then you know i could keep drawing out lines but let's just leave it at that for now that's all based on chapter four of the warrior pro classes on the one minute chart you can see while in the five minute it had a breakout right here over 50 the half dollar which would have been a good entry it comes back down it retests that level it actually broke through it it dropped then it popped back up and now has a high of 64. uh you know the thing with this type of stock i might watch it just be pre-market just because once these ones start opening up um you know sometimes we just see that sort of quick squeeze up to three and then a fade so we'll keep an eye on it the little double top right now is at 64. so i would i suppose just have an order at 65 in case it breaks that level and the first target would be 75. so izea leading gapper that's one to keep an eye on um we don't have a lot of gappers that look really good today uh so far which is kind of kind of disappointing you know i was hoping that we would see something a little juicier but this is the best looking one at the moment and it's definitely well i mean it's pretty strong i guess but the catalyst is could be a little bit better but we'll see what it does so that's izea so i'm going to put that on a chart um let's see i'm going to put that front and center i'll be watching that one out of the gates and i have my order right now at 66. so i'll just have that ready to go uh pixie yeah i see that gapped up to set to eight and then back down to 640 so it's already retraced a good portion of its move good morning jason good morning you guys just getting logged in welcome everyone those of you live streaming uh the free watch list on youtube and facebook i would love for you guys to hit that thumbs up button you can see that seller there so i'll take along here at 65. uh we'll see if we get a squeeze up to 75. i'll just take a starter so looking for the break of 70 over 70 could be an ad you know it's one of these things of buying the pullbacks once it starts opening up just try to ride the momentum so we've got now 59 on the bid i would generally stop at the half dollar as long as it holds 250 it's strong and if you can break over the high here of 68 then i would look for 75. so i'll put an order at 75 to add or well i'll put the order it i'll put the limit order at 75 but i would add probably as soon as it breaks 70. so just watch this here for a second watching on izea so i just added a 69 for the breakthrough 70 and i sold the whole position at 71. just take a little profit off the table so oftentimes we have a little micro pullback like that it's even hard to visualize on the on the chart but on the level two what happens is you see the stock pop up to 68 as it did pulls back and as it rips back up through often i'll add for that breakout and then i'll sell half especially if i went from being green on the trade to red for a moment so took a little profit off the table uh not a big winner but you know might as well especially after the move yesterday on enob which the entire move was pre-market by the time the bell rang it was just selling off izea is our leading gap or it's got 15 million shares of volume so there's no volume issue there one of the things that stops me from trading pre-market is when we have really light volume but this is very thickly traded so all right so we've got one uh green trade so far today and you guys streaming on facebook and youtube got to tune in for it so um hopefully you guys learned something on that trade the new high a day is 73. it is a red topping tail candle there but if it breaks over 73 maybe there'll be another trade so i'll put an order now at 75 oh well actually that's where it was so i'll just leave it there all right so this one um the one minute is already done it's kind of first pullback second pull back here this was the first after the break on the five minute five minute breakout first pullback i bought the second pullback the third pullback remember is usually a little riskier but if you have profit cushion from the first then you know you can say all right i can give it a try so we'll keep an eye on this back over 70 75. robert where do you see that yeah so if that's from the fourth then um that would be older so we would look for you know something today now i can double check um let me just check one thing on this one let me make sure it's not s3 because if it's an s3 then you know we would be concerned about the fact that they could do a secondary offering at any time so let's see this is izea so they have a shelf registration um from 522 and on so on 522 they have the s3 so this is this is for izea okay so up to 75 million dollars that's the s3 so they registered to sell that much and then on the fourth they did an offering um of 10 million dollars so they still have 65 million that they can that they could raise based on that s3 that was just filed so you know i mean any time you have that out there it's a risk but an s3 is also good for three years so they just raised 10 million are they gonna try to raise more today i don't know i mean that's it's a it's a possibility it's something to be careful of if they let's see what was the price of the last one it was so it was um priced at the market hmm so you know if they sold more price at the market well that would be up 100 today interesting all right so um well we'll keep watching in any case um these we know that small cat we know number one day trading is risky we know that small caps are also risky however i know this is actually a free um i just subscribe to the free service i you might i think that there's a point where if you use it enough you have to subscribe but um i don't know at what point that is i haven't i haven't hit that point i guess so anyways um so yeah so you know we know that day trading uh carries risk um we know that small caps carry risk but they also you know it's risk and reward the reward is when these start to open up we can get some really nice moves so i've already got one trade on this pre-market which was buying the second pullback right here i missed the first one i missed the five-minute breakout which was the break over 250. but i grabbed a little bit of profit on this move higher and so i'm happy with that i will come back to it and i'm going to mark out the pre-market high on this as being 73. all right so that's the pre-market high all right so and this does have some room on the daily chart once it gets above three dollars well it's got room up to three right here it's got a little bit of resistance around 317 and then it's got room up to four so you never know we might see it open up but you know it's it's something to be a little cautious on uh it's already got quite a bit of volume and you know we'll see what happens so we've got about 14 minutes to the bell right now 13 minutes to the bell the second leading gapper is a penny stock i don't trade penny stocks i don't trade stocks under a dollar so i'm not going to trade that izea we've already talked about imrnw warrants um we're not gonna this is 60 cents anyway so just go past that imrn here is um gapping up 71 wow look at this so um let's pull this one up for a second so it has a high there of 4 405 now 418. holy smokes 494 it's off to the races wow um so you know a stock like this is clearly showing the potential to make a big move uh fda announced fda meetings here phase two nice for those that took that break um through four so on a stock like this it's only got 140 000 shares of volume but i'll take a starter here so i'm going to try to just ride this momentum on it because look at how strong it is holy smokes is that ten dollars that i just saw all right so the high there was 10.90 all right so i'm going to put out my orders on this because clearly this is showing some serious potential i'm going to put out an order at 10 to add i'm going to put out an order for 5 000 shares watching watching this the high right now is 10 over 10 is an ad this is now the leading gap in the entire market just like that i'm in it uh five dollars adding right there at nine so i just added and now i'm going to look for this to squeeze over 10. we've got 1005 that's probably one of the craziest moves i've seen in a long time i'm holding now at 561 cost basis the high a day is 1090 so i'm going to put a new order at 11. unbelievable watch this there's 12. so i'm still holding 2000 shares the high is 12. new orders at 12 to add i mean if it breaks 12 we might see a rip up to 20 dollars this is insane this is absolutely crazy well unexpected but you know it just goes to show the market that we're in so from four all the way up there to 12 bucks uh just be mindful guys of the risk of how much this stock is up right now this is this is insane i did not expect that at all so the high is 12. we've got 10 minutes to the bell watching so i just stopped out and now i'm going to look and do an order for 2 000 shares to buy the first so let's let it dip down for a second don't underestimate the risk on this one so let's let it dip down that went from five dollars basically all the way up to 12. that's one of the most insane moves i've seen on a pre-market trade in a long time well although you know having said that enob yesterday literally went from four dollars to 18 bucks pre-market so enob yesterday look at that from six dollars to 18. so imrn right now i mean this is obviously the one that's going to be the focus i'm going to bring down to a shorter time frame chart the high that candle was 1080. so i'm going to put an order at 11. if it breaks 11 i would add back for a rip through 12. back in right there for the break of 1080 looking for this to squeeze through 12. so i'm going to put an order at 12 to add watch over eleven fifty just added right there looking for the breakthrough twelve we've got eleven forty five eleven thirty three sold for right now new order is going to be at let's see the high is 11 59 new orders at 12. just added right there for the break over 12. there's 98 there's 12 40. this one's a little hard to sell on the ask i'm in at 11 44 right now so we got a high break of 12. i sold the rest for right now the new high is 12.50 519 seven the low of this last pullback down here was um you can see nine dollars so let's watch down here this is high risk stuff there's no question about it so i'm going to mark the high daily chart no resistance till 14 29. so how much did you guys make on uh imrn oh my god unbelievable it's up 400 right now great job guys so my entry was for the break of five i mean it it ripped through four and i i was chasing it honestly i was chasing it right here but i i gave it a shot right there's a dip down to 960. watch here careful on this pullback i'm gonna do um i'm gonna watch this the volume weight average price is 9.42 so we don't get circuit breaker halts i'm pre-market remove these trend lines for a second so 429 is our daily resistance level i'm gonna move that up to 420 14.29 see 14 29. the low that last pullback was 960. if it breaks 960 i mean we might see a flush back down towards nine so just be careful the volume weight average price is right here i have my hand on the buy button to try to buy a dip on imrn so watching down here this is a bounce off the v web potentially i'm in with a starter i just bought the the dip of v app at um 75 average so i'm in at 10.75 and now looking for this to curl up over 10.50 for a squeeze back to 11. so watch over 10.50 hands on the buy button to add just added right there 10 45 so i try to add as it's squeezing higher there's there's 11. nice now over 11 is a possible ad on a one minute pullback for a retest of 12 just added right there add it again at 1098. so my cost basis has moved up to 1023 as i added as it squeezed higher this right now is another little micro pullback i'm holding 623 shares so the high this candle is just over 11. [Music] i'm still green but i'm in at 23 10 23 so let's see what it does i sold the rest at 10 30 for seven cents a profit and i'll let it come back down here again to the v 950 is a dip trade so watching orders at 9.60 it wouldn't surprise me if this one is going to be very very volatile i do not want to be holding a position from pre-market into the open um sometimes what we see is when the bell rings that we have these really big drops so i have to be really careful and that's if someone had a market order to sell like 20 000 shares or something like that it'll execute when the bell rings so we've got three minutes to the bell uh i'm gonna be we've got 1.3 million shares of volume the first five minute candle to make a new high would be at this point while the high this candle is 11 15. so i'm still going to be looking for dip trades and we'll see whether or not we get a good one so again daily resistance is it 14 26 or 29 and then we've got 14.50 and then we've got room up to the highest level which is like 1682. watching watching so i just added right there 69 i bought that dip because we saw a big bid support there was a 10 000 share buyer at 9.50 now over 10.50 is an ad adding right there 10 38 so now i'm looking for this to squeeze up back to 11. i'm looking for that first five minute candle to make a new high there's 64. there's 75 there's 80. i want to see the break over 11. so we've got 10 50 on the ask we've got two minutes to the bell my cost basis is 983 so this is one that i'm going to be pretty aggressive on i mean why not right it's it's up 400 it's going crazy let's see i'm still holding um 83 is my cost basis i'm going to give it a chance to pop back up over 10.50 there's 1006 on the bid holding 2200 shares what i'm thinking is that right out of the gates there's a good chance that this could squeeze up and get halted so you know but it could drop as well so just have to be careful 950 is a hard stop watching back over 10 30. we've got one minute to the bell 10 by 10 19. again my entry at uh five dollars i felt like i was chasing a little bit and then i jumped in at five and all of a sudden we were seeing eight dollars on the ask really unbelievable so i sold the rest for right now we've got 30 seconds to the bell as i said i don't want to be holding into the open uh i want to see that it holds 950 so i'm going to have an order on this basically ready to go to just be punching the buy button out of the gates because what i'm thinking is that the first 5 minute candle over 11 15 will give us that nice rip so hands on the buy button let's see what happens at the open because it might remember it might open and all of a sudden a market or goes through and it halts going down watching i'm long right there 10 15. so looking for the break of 11. i see the high there's 11 30. sold half 1150 holdings 900 shares right now sold holding 484 looking for dip trades i'm waiting to see if it falls halts because you can see a lot of sell orders are going through people are already taking profit who are in at 10 10. right so i just added right there for the break of 12. now i'm looking for this look at this break at 12 there we go there's there's 13 16 13 61. now we've got that daily target of 14 14 29 i'm still holding now at 11 69 we've got a dip sold new order is going to be to buy dips don't underestimate how much this can dip this isn't for the faint of heart added right there 11 23. bought a dip 11 23 watching back over 12.50 sold uh cut the loss of 1090 pops right back up so you know maybe not the right move to cut the loss there but that's what i did so the low down here was 10 55 watching it looks like it's going to break 10.50 watch for bounces off of 10 this is showing some weakness here but i'm watching for a dip entry watching dip entry is it going to hold will we see a big buyer i took a starter right there long i just bought that dip now i'm looking for this to pop back up over 10 30 10 40. i'm in at 9.83 so i'm trying to catch that dip sold from 983 to 10 20. hit a low of 37 looked like it might halt going down but bounced right back up guys if you haven't hit that thumbs up button you're on facebook youtube please do me the favor hit the thumbs up button this is a this is a a day for the record books i mean we've just never seen i i haven't you see sometimes things like this early pre-market like on enob but man we just really surprising so 1068 first one minute candle to make a new high watch watch i'll have an order at 11. just added went long there for the first one minute candle to make a new high now we're looking for the break back through 11 50. red to green setup watch it back over 11. still holding right now 32 000 shares holding 1 000 shares still holding 1 000 shares the low of day is 9.37 sold the rest for right now at 29. i'm gonna do a dip buy probably off the lows i i don't like that that's a false breakout candle so i want you guys to type how much you have made on imrn up 400 i'm going to turn that volume down there on that um scanner scanners i'm just going to keep focusing on imrn right so where's the next entry possibly over 10.50 for a quick tap of 11. i'm in there for the quick break just taking quick trades on it right now until i get a little more conviction took my profit just a quick break the high there is 11 45 the low is 9 37 so that's where we had some support this one minute chart is a little screwy and the five minute is a false breakout candle but at the same time this might just you know rip faces off short sellers i don't know oh man that that's that wasn't captain red bottom that was a different chipmunk he's actually he's lost his tail in the book i'm i was but have been reading um sometimes aggressive mating rituals can result in uh the loss of a tail for a male chipmunk yeah i know it's pretty pretty brutal watch back over 11. so it's curling here i'm long for the break back over 11. i sold and i'm holding 1100 shares i need to see it break over the high this candle which is 11.45 so my order is going to be at 11.50 still holding 1100 shares just added at 10 38 added on that dip for the pop back up through 11. oh it said wrist check failed i had my order too high bummer that would have been a nice ad still orders at 11 50. it's a one minute setup right now it's not a five minute setup just added right there for the break back over 11 target is eleven fifty watch over eleven twenty five adding right there at eleven nineteen looking for the squeeze through eleven forty five there's eleven thirty i wanna see 45 no sold for right now actually doing the best i can on this but it needs to break over 11.45 so fifty my order is still going to sit there ready to go just add it right there add it again at 11 20. i'm looking for that rip through 11 45. you can see this setup right here curling 11 30 adding right there at 11 25. i'm looking for that rip through this level there's 30. looking for 45 then 50 half dollar watch we've got 25 17 orders at 50 to add watching just add it at 28. i'm expecting that rip through the half dollar but no i i'm gonna stop out at 11. i gave back a little profit on that last trade not a lot but a little bit so let's let it pull back for a second 941 or right around 937 was the low of the last uh dip so we could dip back down to 10 still be in range watching added right there long bought that dip for the pop back up to 11. just trying to do quick little dip trades on this sold at 49 and 17 probably actually close to a break even trade so the problem here is that the one minute chart is interesting for a break over 11 45 but the five minute doesn't show an obvious entry a five minute looks extended and it is extended so it's trying to get that one minute to line up at with the five minute new order is going to be at 10 for now watching dips we'll see if it comes back down to 9.50 watching if it breaks 10 for a dip off of 950 so i'm gonna put my order at 994 right now what 5 million shares of volume it's still up 370 376 percent the one minute you can see is sort of pulling back here certainly if it breaks 937 that's not a good sign but i think that i think that it'll i think it'll hold this level we'll see watching to catch a dip here on a breakthrough 10 i'm in nope no fill on my on my ad bummer all right well i would already be up 40 cents on the ask that's a bummer that's a dollar a share so sometimes you know your orders don't get filled my order didn't get filled on that trade if this breaks the high is 1364. so you know if this breaks 1364 i would like to see this at high a day you know what i mean it's behind the last five minute candles 11 35 now maybe first five minute candle to make a new high could be a valid setup the low of this last dip was 9.88 so watch it as it comes down here is it going to break that level yeah i took a starter at 73. i'm long i just bought this dip now i'm going to try to catch a pop back up to 10.50 so we've got 45 on the ask over 10.50 as an ad so this is a double bottom and i'm looking for the first five minute candle to make a new high watching over 10.50 adding at ten forty one there's ten sixty ten to ten fifty nine holding 738 shares my cost basis is 9.82 stop and break even on the rest order at 11. five minutes not quite set up i mean it's set up for a first five minute candle over 11 35. i don't know why these aren't drawing properly so there we go so those are sort of the levels that we're looking at here still holding at 9.82 and then let's sal up here i didn't get filled my order's at 10.99 to sell it needs to pull back i'm going to cancel my sell order big seller there at 11. we're up 400 percent i'm going to put the order at 11.50 to add right now i'm just going to watch it's still holding at 9.82 11 uh 35 is the breakout spot but it's not it's not um so hold on i'm going to sell i sold there i took my profit i'm going to let it pull back i'll try to do a dip trade for the next entry watch down here off of 10. let's see whether or not it breaks ten low is ten dollars kbsf a cheaper one see i'm kind of all dialed in on just one stock it's now got 6.4 million shares of volume i'm looking to see if it's gonna break ten dollars yeah it it's we've got three doji candles in a row those are all candles of indecision how much is it going to drop here 1007 on the bid if it breaks what was the low there 990 the low the last one was 9.55 so that five minute candle closed that last one had a high of 10 16 11 16 i mean hi the last one minute was 50 so back over 50 is the first one minute candle to make a new high i've got my order for 2 000 shares at 10.90 but i could watch dips i'm in there at 40 for the break back over the half dollar i'm looking for the break of 10.50 so you can see right here that we've got um it needs to break through that half dollar there's a hidden seller there there's 45 46 there's 51 60. i sold it 53 or 59 because there was a hidden seller there the first time it it hit that level again reminder guys i know most of you are trading a simulator you should not be trying to blindly follow me on trades you will not be able to keep up i trade too quickly but you can learn from my strategy and learn from where i'm getting in and where i'm getting out what i'm looking for i'm reading the tape i'm reading the time in sales when i see orders in green that's usually when i punch the buy button hi this candle 70 my new order will be at 10 70. there's no question that day trading is risky and this is a example of a pretty high risk stock but you know the reward potential is here as well so the setup to the long side is back over 11 really and the set up to the short side would be a break below 950. so that's the range that we're working with in right now about 1.50 range so since we have a big range you know if it comes back down to well the low here even of nine of ten dollars i could try to do dips off of that level because this this generally speaking is consolidation it's just that to really you know give us some good opportunities it needs to break through the high and i'm not sure if it's going to it's already at 390 percent so my orders at 11 right now i'm not going to take i'm right now trading 1000 2 000 4 000 shares i'm not taking ten thousand shares on this stock it's it's too much risk if i do that right now it kind of looks like it's going to dip down again back to the 90s there's some red is it going to break 90 watch watching this dip right here is it going to break 990 we've got 90 10 on the bed so now we're you know on our really like fourth doji candle in a row watching i want to see 75 watch now this is some panic selling we're getting that drop it's rolling over watch for i'm looking for a dip but i want to see whether or not it's gonna hold nine dollars because this might flush i mean this could really drop hard watching here i'm in got a starter at 905. i'm trying to catch a bounce on this back up to 9.75 so watch over 9.45 there's 39 on the ask looking just to catch a pop back over the half dollar of 9.50 so watching 9.50 still holding looking for it to pop back up over 9 25 there's 9 30. 9 23. i really want to see the half dollar of 9.50 but it doesn't look like i'm gonna get that i sold the rest of it best exit was 9.25 so now we're on the back side of the move you know where it's dropping back down so the only set up here is our dip trades i just bought just bought that dip right there at 8 26 try to catch the pot back up to nine so that's a strong flush so i step in to buy that dip and i look for the pop back up uh nine i'd like to see nine dollars so let's look for this to pop over nine there's 45 there's the half dollar there's 74. i'm in it uh 8 26 so 8 26 i'm up almost 50 cents a share it's not breaking nine yet there's 77 there's 80. i'm holding 488 shares well i get the break of nine still holding uh watching to see if it breaks over nine dollars then i could get a dollar a share nope sold the rest at the half dollar so in there at 26 826 best exit was 75. the low that pullback was eight dollars watching dip trades back in there at 94. jumped back in actually i got filled at 790. so back in at 790 looking for this to pop over 8.50 basically when i see that panic that's when i want to be buying i mean that's you know that's what warren buffett says when people are fearful be greedy that's when you want to jump in you see the those now this was irrationally strong so a short seller might think of it in the inverse when people are greedy to the long side you should be thinking short side when people are fearful and it's panicking selling that's when i look to step in so i'm in at 790 right now holding 702 shares it may not you know it may not get back up to 10 but it's clearly dgly i'll pull that one up in a second it's clearly volatile enough that you can buy the extremes if you're able to short it there's money to be made on the short side but i don't have shares available to borrow still holding just added right there at 8 38. i added because we saw a big bid and i'm looking for the first one minute candle to make a new high so there we go i'm in now at 8 27 my cost basis moved up first one minute candle to make a new high see the setup target i want to see a break over nine holding 917 shares a minute 827. so this is that was a one minute setup for the first one minute candle to make a new high still holding i want to see if it's going to break over nine stop is at break even i wouldn't add up here at this point i would just take the profit that i have 71 by 75 see if it squeezes through the half dollar back to 825 on the bed still holding i'm gonna sell so that candle closing as a gravestone doji that's a candle that is indicative of weakness so the low was 780 new order will be around 780 to buy the next dip if it's a bear flag it'll break possibly 780 so orders at 790 right now watching watching back in right there just added back in at 790. so i keep buying those dips that's a double bottom setup i'm back in at 790 same price as before now i'm looking for a pop back up just to 740 750 half dollar just added right there 720 added a thousand shares trying to catch this pop back up to uh 25 30. so we've got 10 by 19 i'm looking for 25. 18 on the ask i stopped out at five and eight so that from 90 to 01.08 was a small win the low is 63. and the overall market is down but i don't think that makes a huge difference just because um this is going up for its own reason it's got its own catalyst dgly uh is currently halted dgly was one that we watched the other day it's got 10 million shares of volume we traded it yesterday the high was 93. the resumption on this is going to be in about two minutes so i'll put an order maybe around six dollars let's see resistance on the daily on this is it these two spots five eighty and six so i'll put an order at six dollars imrn still watching i mean right now it's it's weak but it's volatile and so it's still giving opportunities so you guys who are tuned in today on youtube and facebook you're getting a little bit of a treat i let it keep running because i was trading basically pre-market and then right into the bell so you guys are getting something special here that usually is reserved just for our pro students so imrn right now is basing out it volume is declining um it's still up 280 percent but is it gonna you know curl back up to the view app that i'm not sure about the view app is at ten dollars resumption on dgly is about a minute away imrn order is still at 790. so imrn right now is a a bear flag you can see how it's consolidating uh really at the lows now if it starts to pop up over like 25 then that's the bear flag failing so it could be a long still over that level without waiting for a dick and dgly was halted at 93 so i'm gonna watch dgly on on a dip watch dgly there's a 50 000 share seller at six i'm long dgly for the breakthrough six two thousand shares hot key and sold at six twelve six fourteen actually i'm back in imrm there 25 it's curling so now i'm looking for this to squeeze back up over 850. you can see how imrn is starting to curl so it's failing the bear flag it's actually showing some nice strength here we've got a seller at 60 we want to see a break through that level i'm in at 8 25. so small win on dgly still holding imrn 860 would be my ad spot so looking to see if it holds this candle and then if it holds i'll buy the break of 860 for a squeeze up towards nine dgly over the highs is valid as well and back in imrn just added there now see it's starting to hold up so now i'm adding i sold at 80 um it goes like 82 new order is going to be at 9. we're double topping at this resistance level here of 86. dgly is pulling back a little bit 12 million shares of volume so just trading the volatility 850 854 on imrn watching imrn on this one minute pullback nakd naked is too cheap you know i don't really don't like penny stocks and that's just just over a dollar fine first one minute candle to make a new high on dgly is gonna be back over six i have an order at six dollars and ten cents so watch dgy back over six imrn uh just watching it maybe dip trades off of 790. any kd up to a high of 20 but right there dgly so we're looking for that first one minute candle to make a new high hands on the buy button on dgly i'm in at 90. i'm looking for the first one minute candle to make a new high and i just added at 6. there's 604 i took my profit at 605. so a small win there on dgly the new high is 606. new order would be 610 if it can hold this level it's starting to do an abcd pattern imrn you can see how it popped up here double top pulling back coming back down a little bit the five minute might be starting to base out a little but i'm not sure it's 10 a.m so we're 30 minutes into the regular trading day fmci medium volume 10 plus aey let's pull this one up so this looks like a continuation stock i don't see news on it anytime i don't see a catalyst i'm a little cautious missed mist this one has gap fill up to 11. the high here is excuse me 6.95 i could put an order at 7 for a possible trade hi the last 1 minute candle is 87 unmissed i'm in mist at 85 about 6 000 shares looking for this to break over seven i see a nice buyer down at 34. so first one minute candle to make a new high this needs to break over 95 and then over seven dollars there's 96 i want to see 97 98 there we go so i'm holding 1500 shares still 94.97 that was a nice first one minute candle to make a new high back put them back kind of to break even so i sold the rest there um green trade but nothing to be ecstatic about that was the first one-minute candle to make a new high setup which is kind of what you had in this area not exactly but similar so the high is 714 that's high volume again it has gap fill on the daily chart which is formed by the stock gapping down or by the stock gapping down on this day here so from a technical perspective we often look for this as the first resistance level we don't look at these levels on the day of the gap um it creates this big window and so generally we just look at the high or the low before the gap which was 1164. that also coincides with 200 moving average so it doesn't mean that that's necessarily a profit target it just means that we don't have any resistance until that level it's always better to not have resistance when you're looking at taking a trade so we'll let that pull back for a second imrn kind of doing a bear flag on the five minute a drop a couple candles sideways ascending support right here which is holding currently but we've got a little bit of resistance here just under nine and given how much it's up i'm not sure it's reasonable to expect that it's gonna i mean it might come back up to the volume weight average price that's possible but i don't know if it's gonna be able to reclaim it the candles at the open which were on high volume were basically three dojis in a row before rolling over missed volume weight average price is 611. i put an order around 6 20 6 25 6 30 in case it dips down a little bit further the low that that last pullback was 31. so this is a dip entry down here that i'm watching i want to try to catch a bounce off the volume weighted average price which is currently at um 20 uh well it's at 11. imrn this is a bear flag that's about to resolve so what that means is that uh the first candle to drop sorry i am oran the first candle to break uh below eight dollars is a short but support could be down at 78 so i'm going to put an order at 880 785. so i can try to catch um a bounce down there and missed i'm watching also for a bounce off the volume weight average price i don't have my missed chart up though let me get it back up so missed right now i'm not sure um imrn i think has more potential so i'm going to watch that more closely watching imrn here so you see how the first five minute candle will make a new low is what i'm watching missed man um i'm long missed here at 597 i'm trying to buy this dip to catch a pop back up to 610 so i'm in 97 there's 608 610 is what i wanted to see but let's see whether or not still holding looking for this to pop back over 605. i want to see 605 i just added 603 for the break of 605 610 there's 606. sold at 602 and 604 and 601. man mist is surprisingly weak and look at that drop there on imrn see that drop look at that i'm in imrn at 55. i just bought that dip for the bounce off of that support level so long imrn now looking for this to pop back up over eight dollars i'm holding one thousand five hundred shares looking for the pop back up over eight so i'm in at 55. we've got 782 on the ask i wanted to see over eight let's see if it'll pop over eight dollars there's 82 i sold to 75 20 cents on 3 000 shares i'm not sure why mist is so weak dgly ripping back through the highs look at that unreal again this momentum is crazy it almost looks like it's about to halt at 45. i'm going to put an order out here so i can take a trade on it on resumption let's let it pull back for a second letting it pull back i'm in right there just bought it 41 on dgly now i'm looking for this to break through the half dollar watch over 45 now 47 48 50. i sold there's a big seller right there at the half dollar ah it broke through it anyways all right well that's fine i i took my profit the new high is 61. so part of momentum trading is buying stocks that are high and selling them higher when i start to see something rip like that i just i try to jump on you know jump on the momentum the high right now is 61. i'm gonna put my new order at um 55 but i'm going to watch this for a dip trade oh my gosh unreal i mean it's almost like there's news out on it with that spike but i don't see any news so the high there is 75 i think it's just squeezing out short sellers over 75 is a long i'm in right there um at 79 i sold at 92. it's up so much i'd rather take my profit and then buy another dip just bought at 75 back in at 72 buying that dip now watch it rip back up to 92. so i'm in at 72 try to buy dips let it pop back up to 90. we've got 89.92 took a little profit off the table imrn is going a bit lower halt level 704 on dgly new orders at seven dollars still holding 1500 shares at 72. still holding i'm gonna let it pull back for a second see if it pops back up over the 80s sold break even at 72 on the rest so the high there was 692 unreal i mean i did okay on that i didn't take big size though what a day so hi there uh a watch on diptrade watch four dip trades mist is coming back lower 650 really weak i mean i guess that's um just goes to show the gap fill set up not strong enough i see solo popping up it's not hitting my scanners i'm not sure exactly why but imrn kind of bouncing off of seven let's see if it catches support down at seven dollars dgly orders it up here i'm in dgly for the breakthrough seven watch for the breakthrough seven on dgly holding at 91 orders at seven dollars to add bring my mouse down here watching so on the level two so i'm this is very choppy right now i'm still holding at 91. um there's a 50 000 share salary seven i'm giving it a chance to come back up to seven and try to break that level a second time but i'll probably stop in the 70s yeah i'm going to stop i got to cut that loss so i stopped out i don't know 75 or something like that so it's 10 15 dgly double top at 7. miss sorry missed is pulled back imrn is it 7 15 i'm in imrn at 25 i'm just trying to catch the first candle to make a new high there's 27 there's 36. see if it pops back up to 40. dgly could be a dip trade off the half dollar so i'm looking for imrn to break through the half dollar there's 42 i'm only holding 1700 shares there's 47. still holding now 381 shares watching dgly with the order at 7. hands on the buy button in case it rips through that level still holding imrn imrn i sold at 763 the rest first five minute candle to make a new high would be 778 but again i mean you might just see trending back up but the volume has declined a lot so declining volume means i have to trade with smaller size the profits are going to be smaller whereas dgly you know this one i can actually still be trading with some decent size but the five minute may need to pull back orders at seven dollars on dgly so what's the support level here support at 760. so let's see if it comes back down towards 760 for a dip entry if it bounces off support you know i could go long on that bounce 660. sorry i'm looking at imrn also i've got them both side by side 660 is support on dgly um watching that's a little topping tail candle the low was 68. i do see 30 000 share buyers on the bid i'm using the level two to read that so i subscribe to level two with light speed high is seven dollars you can see how extended this is off the volume weighted average price so when they get really extended you know it can sometimes be a little hard there's a buyer there 28 000 shares at 70. i'm gonna punch in my order for 3 000 shares so it's ready to go 71 on the bed 70. i'm long at 72. i'm taking a starter because there's a 30 000 share bid i'm going to put my order at 95 to add for the break over seven stop is going to be break even at 70 basically so right now holding and looking to see if it's going to break through 85 still holding you still have that bid there so i'm just giving it a second i with a dip entry usually your stop is so tight and in this case it's a one cent stop that i can just hold and give it a second to work watch over 88.90 for ad so i'm in right now 71 6 000 shares two orders of 3 thousand watching the ad up here for the breakthrough seven adding right there at 88. come on i wanna see it rip through seven there we go sold half 709 sold another quarter 708 holding all out now seven um 706. nice nice trade there so now the question is the high is 7 10 i'm going to put my next order at 7 10. if it can break 710 then next target 725 730 forty half dollar seven fifty this on the five minute is a red doji candle vin decision it's not a great candle for establishing um five minute setups and it looks like it's actually pulling back here if we break 70 i'm going to do a dip trade down here off of 60 watch watch i'm in at 72 right there just a dip trade quick pop off the lows only 10 cents i actually got filled at 77 and sold it 88 new order is it 75 watching again volatility is our friend is day traders and in a lot of ways i mean we provide liquidity to the market by um by actively buying up one stock sell off you know and it even though institutional traders and people that are long-term investors might not think highly of day traders are liquidity makes it easier for them to get in and out of positions when they want to watching dgly um down here back into 71. so i'm back in right there at 71 buying that dip looking for the pop over 80. so i want to see a break over 88.85 there's 81. it's not bad holding 1400 shares sold the rest for now uh that didn't pop up as much as i wanted it to if it breaks 70 which has now been tested like three times then that's where i would expect a flush down to well probably 650. nice on imrn curling off the bottom a bit more again lighter volume at this point so i don't really see a setup on it probably until it breaks over the volume weighted average price it's up um 229 but look at that drop there i worry about the possibility of news coming out you know i mean this is up a lot dgly let's watch it down here orders at 70. i'm going to put the order down at 65. actually i'm going to put it at 72. i'm going to leave it there watching dgl why is it going to break 70. it's pinned 670 by 71 and it looks like it's about to break it's 12 on the bid 12 000 shares it's holding i'm buying i'm buying i just bought 6 000 shares at 42. i'm in at 42 looking for that to pop back up i sold at 55. so was that not predictable sorry i don't have the chart up um so that was that drop that we just got it was predictable that once it broke that level we would get a flush it dropped down to 28 i got filled at 39 and 45 6 000 shares and sold at 55 for 600 profit the low i mean the volume weight average price is at six so i'm going to watch six dollars for the next dip i'm in right there just bought at 613 trying to catch this bounce it's not quite v-wap now i'm looking over 625 i want c625 they're 618. 624 there we go and i'm out from 613 to 625 so it's another 600 with 6000 shares so right back-to-back is 1200 bucks so again you know this is the volatility of the market what goes up comes back down off of six dollars would be my next possible dip trade orders at 6 12. high of this candle is 29 so it looks like maybe it's not going to come all the way down to 6. nice bounce i guess i could have held that a little longer uh when a stock is pinned on the level two you can see it's like basically like just really tight between two prices um usually with a one cent spread so there's a really big bid and a big seller and it's like kind of a little battle right there solo i do see that coming up uh the high was nine was 88. again though it's not on my scanners so i'm not sure why but they look for specific criteria so usually when a stock's not on them i'm going to be a little cautious let me check the volume 18 million shares got a lot of volume ltr pb this was liberty trip advisors that last time oh my god this is insane so again this is the market that we're in now the thing for me is i can't trade this because the spreads are going to be insane and the risk is i think on this even though i see back of mind potential you have to think first about whether or not you can afford the risk and on a stock like this with sixty one thousand shares of volume it's probably going to have a two dollar three dollar per share spread so how do you manage risk on something like that typically i would say i mitigate the spread risk with smaller share size but even with 100 shares i think the risk is going to be just too high so that one uh i probably wouldn't go for however um what i would say is that this is a reflection of the market that we're in seeing you know these types of stocks that are up as much as as much as they are i mean this is really pretty pretty impressive to be honest dgly uh 28 percent imrn was up 400 still is up 247 percent uh liberty is up 170 percent sorry 107 let me see when the resumption is out of curiosity um and actually i'm not even showing the last tick on my time in sales so i don't know when resumption is but you know so there's resumption the high is 57 we've got a one dollar spread so there's 57.50 there's 60 on the ask you've got a four dollar spread right now next halt level 62.70 yikes this reminds me of chk yesterday daily resistance is at 63 it's at 6270 and it's getting halted again so it just added i think how much volume was that 6 000 shares and now it's up 136 so rather than you know get fomo on this like if i bought it up here it's already up 100 for my entry i mean granted it was a little bit of a chase to buy imrn uh at five dollars when i got in pre-market i'll admit that that was a little bit of a chase i was getting in for the break of the whole dollar five and it was already ripping but that you know compare that to buying ltrpb right here this would be insane this would be an insane chase so you know it's i know that as a trader we can get um tempted by these types of things because you know we look at it's like well you know last time this thing went up to 134 dollars a share so what if it even just goes to 80 even with 100 shares that's an extra you know 2 000 on the day but i can't do it no not with this amount of volume all right so um dgly so we're an hour into the day uh you know typically at this point i would say i'm probably shutting it down my last trade was dgly uh that was about five minutes ago i you know clearly we're still seeing momentum with liberty going up as much as it is so this might be a day where it pays to you know sit here a little longer drad has the 200 moving average really close to it so i'm not gonna i'm not gonna take that trade so i'll share with you guys the p l um at the end of this broadcast but i'm gonna i'm gonna hold it to keep you guys in suspense nkla [Music] fpv yeah fuv is um this one is uh sympathy to solo electric car companies log in here so i'll watch liberty just for the sake of it's something to watch um the first halt going down remember that when it halts going down it'll most likely gap lower significantly lower resumption is going to be in about one minute nice tyrone good job man that's awesome he's got ten thousand dollars on imrn and uh 2000 on dgly is that real money it's not the simulator that the sterling sim real money nice work man that's awesome good to see so uh let's see i will for those that are um watching on uh youtube and facebook in our chat room you can post a screenshot so jason dude that's awesome three thousand bucks great job man give yourself a pat on the back um eighth consecutive green day 800 515 dollars nice there's tyrone uh 12 08 777 which is fantastic so great job for you guys i i know that inevitably um many of you guys like this is a trading in the simulator trevor still great i mean still good to see so liberty back open here halt level is 71.50 i mean i again who's buying this up here i guess traders with a little fomo and traders who um you might get lucky you know this is the tough thing with the market is inconsistent reinforcement sometimes uh breaking the rules if i had just jumped in this at 62 guess what i'd be up ten dollars a share right now would that have been breaking the rules to get in there absolutely but the market sometimes rewards that you you take high levels of risk and sometimes it pays off and on the other hand sometimes you follow the rules 100 and you say no i shouldn't take that it's high risk and it almost feels like you're getting punished for following the rules in this case i feel like i'm being punished um nice sebastian uh four thousand six hundred ten bucks practicing uh sorry sean um where did i see sebastian he's up a little higher sean nice job practicing in the simulator very good good to see andrew 314 ryan nice uh seven uh sorry 1175 good good good so there's uh ryan right there and andrew down there let's see what else do we have here nice good job uh there's 481 there's uh yannick nice nice looking good oh my gosh that so you took it looks like uh you took a a picture of your computer rather take a screenshot but uh okay so that's nineteen thousand thirty eight dollars eighteen 000 of it on imrn wow that's impressive that's a lightspeed account and that's your account number there should probably try to hide that next time uh jeremiah 85 nice jazz nice uh lucas 9 000 red on dgly all right well sometimes that happens eddie 2000 good work remember for those that are on the wrong side today that got you know gotten too high chased something whatever or you were trading different stocks with a loss is a lesson uh it's you know being a successful day trader it's not about how how many times you lose really it's how many times you get knocked down it's about how many times you have the the courage to get back on the horse even when you're really frustrated and really disappointed and i've had more than my fair share of losses a year ago a little over a year ago i had um the second biggest red day of my career down thirty thousand dollars in one day it was the anniversary of the day my dad died and i shouldn't have even been trading i was um i was i didn't even think i was actually that emotional but um i underestimated it and i got into something that was squeezing up and i got really stubborn about it and i was like i'm not cutting that loss i'm just gonna hold it you know and all of a sudden it's just a disaster and and out of that experience came a lesson to really check in with myself each morning and say what you know did i eat well do i sleep well am i in a good mental place this morning and then if i am what's the condition of the overall market and if the market is strong then okay what's my share size restriction for today and you know it's it's not through it's not without a lot of heartache and frustration that i got to where i am now it's it really did take a long time to get here i know that some of you guys you're probably thinking wow he makes it look easy it's not my intention to make it look easy it's just you know when you're doing something that you've been doing for a long time nice work i'm mustafa that's awesome 13 14 000 good work man uh when you've been doing something for a long time whether it's riding a bike or you know juggling or whatever it is you know to someone who's never done it before yeah it looks easy but the fact is it is hard and day trading is not easy it's not only is it not easy it's very risky and most people will fail that's that's the brutal truth i mean we i wish i knew really what percentage of traders actually succeed and we don't have that hard statistic there's there was a study in uh 2000 and i don't remember it was 2015 or 2014. we actually have it on the footer of our website um we at we have a the disclaimer on our website really to disclaim the fact that uh day trading is difficult and you know my results are not typical they shouldn't be considered typical i've been doing this for a long time the experience of our students those who have made their way to 100k club they're also not typical but we don't really know what is typical we don't have access to everyone's broker accounts so we don't know um you know how much you guys actually make we did a survey how do we know whether people would be honest and what people would answer maybe just people who are upset would answer and i i know i don't ever answer surveys so um watch this okay that there's 80 but it's starting to um get a little top heavy up here see how it dipped down for a second 82 is the halt level going up halt level going down is at 67. the first halt going down typically i would be going short into but at this point it's still looking like it might halt going up 50 82 58 is the hot level going up this is a stock that probably no one is going to have shares available to borrow of so even if you wanted to borrow it's um it's not even an option but let's see um right now you're at 71.55 by 79.80 so i'm i open up our uh this trading simulator here just to do like a a practice trade ltbr um ltpb so on something like this my my instinct would be to be short with a red candle like that first candle to go down now you know you could get squeezed out you could be wrong but my instinct is to go the opposite direction and then the stop is at the high so the stop is up there at 82 which is you know 10 that's a thousand dollars away with 100 shares so it hasn't halted yet but there it goes again i doubt anyone had shares available to borrow but that's the direction so i'm short 100 shares in the simulator and that's the problem with simulators is that they'll usually let you short anything you know and so it can give you a sense that your strategy might work when in fact it wouldn't so anyways um in a research paper studied in 2000 uh published in 2014 do day traders rationally learn about their ability professors from the university of california studied an impressive data set 3.7 billion trades from the taiwan stock exchange executed between 1992 and 2006 they found that only 9.81 of day trading volume was generated by predictably profitable traders and that those who were predictably profitable were less than three percent of all the day traders on average on an average day and so i was like okay you know so you know we can we can cite that as a a reference point so three percent of day traders are profitable um the only thing is that um if you if you look up the taiwanese um stock exchange you'll realize that it's it's it really is quite different from the u.s market so to the extent that it's a really good example or that you can really draw the conclusion i don't know but the there's a very few articles um of traders on the u.s market and the ones that are available this one studied only 1100 accounts this one still studied only 334 and these were through short periods of time so these data sets are smaller and it's hard to really know for sure without the brokers actually just saying hey these are the metrics from all active day traders and they're not sharing them so they closed their offering priced at the market on cetx 3 million shares a dollar 80 a share and it's ripping up so go figure but you know the thing is the market can be irrational longer than you can remain solvent remember that you've got to just trade the technicals trade the patterns that are there when the market's hot you know i try to be aggressive and when it's cold i try to ease off the throttle all right let's see um well you know i i would love to get a couple more trades in today and i i feel like this is one of those days where uh if i do sit around a little longer i might be able to catch some more opportunities but i'm you know now it's been 20 minutes since my last trade so now we're really starting to slow down the halt on liberty was um 10 29 and 27 seconds so when's resumption 10 30 sorry 10 44 and 27 seconds if it's a five minute long haul this is a um this is a circuit breaker halt so nasdaq halts are five minutes so there's this website that you can reference nasdaq dot trader nasdaq trader.com you can just i'll just give you guys this link here on comments you can you can hit that page and just see what stocks are halted and this is helpful because it tells you the reason it's halted so if you saw this was halted on like a t1 it would be halted pending news if it was t12 it would be pending investigation so you know this one right down here is halted pending news chk um down here you have one that is halted pending um more more information requested by nasdaq so this is just a regular um what circuit breaker halt resumption should be in about 27 seconds now if it had more volume i would consider a dip trade on it but it doesn't have enough volume for me to even do a dip trade so i'm not going to do anything just watch other than just watch it and try to cover this short position so what would be a nice target the volume weight average price 55. so i could put an order here um 55. for 50 shares buy to cover hands on the button so we haven't we don't have resumption yet which means we'll probably have a 10 minute long haul 10 minute long halts usually mean the gap down is going to be big so we may get back who mean who knows maybe we do gap down to 46. the last time i traded this um i also traded it in the simulator because i didn't have shares available to borrow and i shorted it up here at an average price i actually got short a little early and then i as it squeezed higher i added and i was short i think at a dollar and five a hundred and five dollars and covered down here at thirty seven dollars a share it was 70 a share almost 70 a share of profit it was insane it was the biggest uh biggest winner i'd ever had but you know in the simulator so still a good learning opportunity a good reminder you don't want to be holding into a halt going down so you know if you bought this with fomo i mean you at least i hope pay yourself when it's up so imrn and yes thank you guys on youtube and facebook for hitting the thumbs up and i'm sure this will be a a pretty uh popular video and if we do get basic let me think about this for a second um i might give you guys a reward for thumbs up let me think about what i can give you as a reward for reaching a certain number of thumbs up let's set a goal for you guys so how many do we have right now let's take the temperature here all right so we've got um we peaked at 7647 peak users which is pretty awesome i think i don't know if that's a record but it's pretty impressive nice still have 3800 streaming here an hour an hour in are you guys you guys able to see how many thumbs up there are on the video because i can't see it on my side thousand okay all right so um if we get to 5 000 thumbs up i will give you guys a another free morning uh next week all right so we're we're a tuesday here but if you guys get to 5 000 thumbs up i'll do another day like this next week i'll pick it based on a day that it looks like we're actually gonna have some decent action yeah i'm i'm not i'm not oprah i'm not giving away a free car you get a car you get a car everyone gets a car seven thousand cars yeah i don't have that oprah money not yet now those are pontiac she was giving away right hi imrn curling up here nice i mean this is a nice curl off the low the high is just under eight i could put an order at eight dollars on imrn i mean it's volume is tapering but it's starting to curl back up so we could see a squeeze from eight up to nine maybe a move up towards the volume weight average price i'm in right there for the break of eight on imrn so just trying to take that quick squeeze we're going to talk about this exact setup in the classes for warrior pro students because this is anticipating the break of the half dollar on the one minute micro pullback the new high is 23 new order is going to go at 25 to add if it breaks 25 then the next target is a squeeze through the half dollar of 8.50 watching watching added right there for the breakthrough 25. now i want to see it ripped through the half dollar 25 there's 25 26 27 i really wanted to see a little higher than that my my cost basis now is 808 so i'm holding 1200 shares back down to break even for a second the high that candle was 26. still holding give it a second to pop back up there's 17 on the ask let's see 18 19. okay i sold the rest for right now new order is going to go at 30 let's see the low i mean the view app is 9 33 so it's a little ways away uh liberty trip uh looks like a 10 minute long haul so still no resumption on that one imrn it's kind of hard on this to understand well what's the support level maybe going to be um you know because it could it could come down back to the half dollar in theory order is at um 8.25 right now actually i'm going to move it down a little bit i'm gonna see whether or not it catches support at 750. let's just watch this down here for a moment i want to see if it has support at the half dollar i took a starter there long at 56 to catch a bounce off the half dollar so now i want to see it pop back over 75 7.75 this is uh if it bases out here for five minutes then we'll have a five minute setup over 70 is an ad watching 68 69 watching oh uh i'm sorry i was looking at another level too i thought liberty had resumed but no uh 60 added right there 66 for the break over 70. so now 63 by 70. i want to see 75 there's 72 on the ask 75 nice there's 80. so i'm holding 800 shares 55 on the bid sold the rest of 64. uh it's still a decent little trade off the half dollar this high of this five minute candle right now is 790. so you know if it bases out here and consolidates then we might get a trade up to 920. we'll curl off the low liberty resumption is going to be at 54 and 27 seconds if it's a 5 minute 15 minute long halt we already went five and wait 10 minutes yep so 15 is where we're at now we still have three minutes left on this current five minute candle and this five minute candle ultimately needs to um i think close in order for me to get a better entry ent is on the hyade momo scanner so let's look at this for a second daily resistance is right here the high is 10 1039 ent raised to a buy value engine not sure what that is this is also it says it's june 8th but not sure in any case it is technical breakout the 200 moving average is at 78. if it broke that level you know who knows you could see a little bit of a move on it so maybe one to keep an eye on ent so high that candle is 10 40. so it's got 268 000 shares of volume it's a little light slightly bigger spreads right now it's only up four percent but it is hitting the scanner we watch um bpth we've got about a minute to resumption on um what is it uh liberty so bbth popping up a little bit ent i have an order at 10 50. just i watch the tape for green and if i see green that's so i see green there so i'm in at 10 30 for the break over 10 50 on ent and now you've got 1080 so over 1090 i would add for the break of 11. watch up here you've got 10 79 on the ask so we want to see this breakthrough 10 78 watching the ad i'm getting uh buying power i've run out of buying power on this stock so let's see it's not marginable we've got 11 on the ask 11 52 is the haul level over 11 11 typically would be an ad spot for me there's 11 there's 11 24. so now we're breaking through the volume weight average price or the 200 moving average 11 28 on the ask i'm in a 10 30. that's a dollar a share on a break of the 200 moving average i'm holding 745 shares and there's 11.94 so this was the first um five minute candle the first uh sorry first one minute candle to make a new high i'm holding 187 shares right now halt level is at 1194. i sold the rest of them on the ask and i'm gonna look to buy a dip for a one minute setup and then a break over 12. so let's watch this pull back the high right now and this one is 1194. so oh there's break at 12 12 34 is the next level liberty still halted 12 32 is the halt level on ent that's two dollars a share from my entry i sold you know i took profit too soon i guess i i sold my my exit was um 84 and 93. but now it's above the 200 so i can look for a pullback lighting up the high demo scanner resumption on liberty will be now at 59 and 27 seconds so it's still a nice trade on ent and i don't think it's done i think i'm probably going to get another opportunity on it imrn i was able to sell on the ask um but i also sold on the bid i wasn't able to get out on the ask on every trade hang on one second all right so ent halt time was 5603 resumption should be 1101.03 liberty halt level uh halt time is going to come up sooner in about 20 seconds if it's a 20 minute long haul so liberty uh and this is what often happens you know this went up 159 on 118 000 shares of volume from whatever this whatever it was 30 or whatever to 70 80. it's it's an imbalance it's going to be halted for a little while so let's see you know when it resumes lt rpb uh now ent i'm watching on resumption the high was 12 30. i have an order right now i'm just going to use shift 1 hotkey on this it's got about a minute to resumption so let me put lt rpv over on that chart so i have both of them up all right so i still feel really confident in my short on ltrpb if anyone had shares available to borrow i'm very curious um to find out how you did it or which which broker you're using but uh yeah i didn't have shares with uh with my broker so all right so we've got about uh let's see resumption on ent is gonna be in about 13 seconds if it's a 5 minute long haul 10 9 8 7 6 5 my order is shift 1 to buy dips if it opens low i see 11 26 on my level two right now but that's not always accurate watching watching so it's a little low watching i'm in right there at 11.85 i just added for the breakthrough 12. the halt level is 12 39. so looking for this to rip through 12 dollars we've got 12 on the ass there's 12 24. i want to see 12 39 no i stopped out and and that was a loss of about 30 cents so it opened lower i tried to buy for the break back over 12. now i could try to catch a bounce off the lows but it's kind of a bummer that opened lower and this doesn't have a huge amount of volume but 12 32 would still be a possible spot so i can just watch that 12 32 level you know if it breaks that level i'd be more interested a bounce off of 11 maybe anytime they open lower you immediately are like all right that's a little bearish that's not super strong but if it comes back up and re-test the high then you can get a bounce so watching down here for dip trades spreads are a little big i'm in at 10 11 10 for a dip trade and a pop back up to 11 30 11 40. so looking for the break of 25 we've got 12 by 24. 12 but 12 by 25 there's 30. i've got uh took my profit there 20 29 and then it pops up to 55 oh well that's fine i didn't make back uh what i lost on that last trade but that's all right so gave back a little profit on ent liberty i'd like to hang out until it resumes just to see where where my short lands ent right now 1107 by 11 19. just not holding up well enough imrn this is a you can you could look at it as a bull flag a sell-off a pop-up and then consolidation sideways so the high of this last candle here of 780 would be the first five-minute candle to make a new high so there's a possibility here of a five minute setup so i'll have an order at 780 ready to go 7.85 but ultimately the highest target would be a tap of the v wap 51 on the bid so it's holding the half dollar let it pull back liberty resumption is going to be in about seven seconds if it's a resumption at this spot watching there's liberty ltrpb i'm up pretty nicely but you can see some people are buying the dip so i'm trying to cover um the short position here cover half of it cover another half there so i'm still holding 25 shares from 72 so that's a nice right i mean then again it's not a super shock that that opened lower high of the last five minute candle on imrn now is 73. i'm going to cover the rest of liberty for now because it looks like it's going to halt so 2 000 2 000 bucks on 100 shares not bad again high this candle on liberty was on imrn was 73. dgly big drop there was there news news out on dgly i don't see any so on resumption i might look to do a dip trade off of five put an order at five dollars just a break of the v app is the setup there imrn watching i'm in imrn here at 64 and over 85 is going to be an ad i'm going to put the order up here i'm adding right there on imrn looking for this to break over eight dollars this is a nice curling setup so we want to see it rip over eight we've got 93 on the ask i'm gonna put the order shift one high was 826 so 826 is the first target watch here 98 on the ask just added right there for the break of eight nice quick squeeze a little profit through eight stop is now seventy five high of this candle was 10 over 10 is an ad so new order is going to be at 15 to give a little bit of an offset there was an offer well dgly had offering news this morning but not um not fresh to just in the last few minutes at least that i see so imrn holding up it's curling up a little bit more watching the high of this last one minute candle which is currently 802 hands on the buy button just add it 803 for the break of 805 810 there's 10 i want to see 10 break and then 15 there's 20. so now i want to see this rip up towards 25 the volume weight average price is a 909 so over 25 is an ad watch just added 25 as it's curling up now you're seeing that momentum starting to pick up as it's curling off the low half dollar nice high there is 850. new order i'm going to put at 851. if it breaks 851 then my target would be a tap of the v wap which is at nine dollars just added right there 47 for the break over over 80 or sorry 850 and i took my profit at 59. so new order is going to go the high this candle which is 65. once you kind of sometimes it can be hard to know when the tide's starting to change the momentum but once it starts to shift so what happened here is it popped up it pulled back and it didn't go to new lows so it was basing out now we've got a one minute we need a one minute setup at this point so as this pulls back let's see how where it holds how far is it going to drop i just took a 1 500 share starter at 8 21 to buy the dip and i add it again right there i'm trying to catch a pop back up over 850 so looking for the break of 847 840 added right there at 850. looking for this to squeeze back up through the highs there's 53 there's 60 order out profit taking right there new high is 72. so i'm all out i'll look for the next step dgly resumption is going to be in about a minute so we will watch that on resumption as well now obviously if this gets above the v app 914 and can hold above the view app then we start really adjusting our our targets on it but right now it's um it's still below that level so we want to see it break this area so i'm going to put a new order at 85. it needs to do a little pullback in my opinion the high is 72 but over 72 could be a quick trade let's just see if it can pull back for a moment so while this is pulling back uh let's put up dgly imrn i have the level two right next to it so dgly i'm gonna look for bounces off of around 550. watch dgly resumption which is going to be in about five seconds orders at 560 on dgly 570 hands on the buy button long right there at 72 trying to catch the the bounce back up 4 000 shares sold at 84. so that was 400. kind of feels like it's hitting resistance already i'm going to try to catch a bounce off the half dollar watch down here for a break through the lows looking for a bounce off of the half dollar 550 first one minute candle to make a new high would be over 87 on dgly watching it's below the v app a little bit of a different setup than imrn i'm in 85 there for the breakthrough and took my profit at 91 so that was a quick trade it's got upside resistance though so a little profit there on dgly a little more profit imrn i'm still watching the low of that last pullback was 8 13. um let's see what this does through here watching imrn first one minute candle to make a new highback i'm back in imrn here for the first one minute candle to make a new high back over 855. now over 880 is an ad so watch imrn over 6570 for an ad watching added right there now i'm looking for this to rip looking for that squeeze over 85 to add again with the back of mind target of nine hands on the buy button adding right there 77 looking for that squeeze through 80 there's 83 there's 95 we want to see that tap of 9 which is the volume weight average price there's 78 on the ask 15 million shares of volume on this one still holding right now the high is 97 new order is at nine dollars a break of nine and i'm going to add it's a little risky up here because it's right at the volume weight average price but if it blasts through that level then you know we would be above it the v app is at 911. nice on dgly back up to 607. so watching this pullback i just added right there 75 on imrn buying that little dip and i'm looking for this to pop up over 90. so 99 watching here to add 95 96 on imrn there's 86 on the ask hands on the buy button 86 i want to see 88 90 added right there at 90 looking for this to rip through nine dollars there's 94. i want to see 95 96 holding right now 72 cost basis looking for that pop through nine dollars i'd like to see it get above that psychological resistance because then we'll be really close to the v web so watching right up here 95 96 nope stop down to 75 and it's tapping the v not quite but pretty close so now i don't know um again i could try to catch dip trades high of this candle is 97. the low down here is 40 watching um a dip off of eight dollars on imrn so you know ultimately a nice trade on the five minute from 790 i was kind of starting to think maybe we will get above the v web high volume on these green candles that's good to see my cost basis is my position average price so it's it's the average that i'm in at so if i buy it 850 and add it nine my average is 75. so my average cost basis moves up and down uh you know if i add to the position low there was 24. nice dip for those that took it i i hesitated on that i thought maybe it would go a little lower so this is one of those days where the market is just so strong i mean we're seeing 300 gain on imrn it feels like it's a day to trade a little bit longer and you know in fact in the last 30 minutes i've definitely added more profit to the day so i'm on about two hours of trading right now from start around nine it's 11 15. this i think is gonna need another five minute setup because the view app is such a powerful resistance spot both the v-wap and the nine nine dollar psychological resistance the high was actually 97. so if it consolidates here and forms a five minute pullback like it did here that was a five minute pullback this could be a five minute pullback and then first five minute candle to make a new high we could look at for a break over v web next resistance would be ten dollars which is today's open so the low that last pullback was 20. so i'm going to put an order at around 820 see if i catch a dip off of eight dollars there's nothing really else i'm watching right now uh liberty i'm not interested in dgly you know i think i sold it a little too soon on that pop but keith says this looks difficult you're right this is difficult this is something it takes a long time to get good at and you're right that as you get further into the day stocks can start to get choppier and choppier and resolution just is not always as clean as in the first hour usually it's the first hour where i do make the most and further into the day you're more likely to see false breakouts stocks pop up and drop and not hold their levels super well hmm yep this is uh i mean this is an exceptionally good day this was a crazy move on imrn that started the day dgly also quite strong so you know this is not necessarily a typical day but this is what i do every day i come in i sit i trade an hour maybe two hours and then uh step back we're gonna have classes um which are running a little bit behind schedule because i'm trading a little longer than i was planning on but i think that that's that's worth it for today imrn i don't think is ready i think this is beginning to form a five minute set up the high of this current candle is 65 and has 30 seconds left so my opinion is to let this candle close recognizing that support on this has now moved up to about 8 20. so dip off of 820 would be a a nice entry high this candle now is uh 867 but still with 10 seconds left 8 67 is still the high so we look at the high this candle 870 actually is the high with two seconds left so this technically first five minute candle to make a new high is right here if it breaks over 70. but i'd like a dip to reestablish a lower risk entry starter at 51 i'm long at 51 added at 50 and i'm looking for the first five minute candle to make a new high which is over 70. hands on the buy button to add over 8.70 just added right there now i'm looking for the break of nine dollars this is the first five minute candle to make a new high if it's gonna break 9 this is the spot so i don't want to sell i want to hold for the breakthrough over 95 is where i'm going to add watching watching the ad hands on the buy button adding right there 96. there's 9 i'm in at 54. so right there was almost a 50 cent trade tap of the volume weight average price let's let it pull back let's see whether or not it can get back over uh nine dollars still holding 1400 shares and you can see that's a good reminder of why when it does break that level that's when i wanted to take profit so i didn't take any profit until it broke over nine and then i just sold the rest there at 60 um 77 so the new order on this would be up at the high of nine dollars and 10 cents if it breaks the volume weighted average price then you know i'm i'm thinking all right now we've got a shot at moving up towards 10. this is really it tapped the v web almost to the penny and then dropped back down to 850. nice kc nice job man 6 500 of profit good work you should take um a little bit of that and join the join the chat room so we can trade with you every day because i know you we've been throwing down some good profits so watching imrn orders it uh nine dollars and ten cents watching hands on the buy button back over nine back in right there for the break of nine now i'm looking for this to squeeze through 910 we've got 907 wow look at that nice nice nice i'm still holding new orders at 9.50 over 950 as an ad the high here was 944 just added right there at 9 32. add it again 940 looking for the break over the half dollar and a squeeze up to 10 so this is now really picking up as it's breaking through the v app there's 9.50 took my profit right now at 9.50 new orders at 9.70 i'm not going to let this one off the hook so orders at 9.50 to add watch added right there 46 looking for the break over the half dollar there's 65 nice quick trade new orders at 75. now we're above the v web the high is 70. new orders at 75. hands on the buy button watching dip trades just added at 36. bought down there on that dip at 36 over 55 is an ad watching watching the level two time and sales added to 51. looking there for the break over 55 and a retest of 65.70 there's 67 holding 900 shares right now sold the rest for right now at 61. new order is at um i'm gonna put it ten dollars so this is squeezed from the low of 662 back up here to a high of 970 which is really impressive watch over 970 added at 970. now i'm looking for this to squeeze up to 10 looking over 85 for another ad watch 85 added 86 looking for the break of 10. holding at 69 right now 2200 shares there we go so now it's opening up high a day is now 1021 high of this move sold the rest at 10 new order is going to be at 10 20 but also watching dip trades so now we've tapped the open price with a high of 10 21. 18 million shares of volume up 370 percent just added at 10 right there looking for the breakthrough 1025 added at 10 21. now i'm looking at 10.50 as it's starting to squeeze higher watch 1040 10.50 looking for added over 1045 for the break of the half dollar watch up here micro pullback 1040 is my ad spot hands on the buy button watching 20 on the ask looking for that to pop over 35 40 watching added right there 27 so i'm again running out of buying power on this which is um because i this is the first i took money out and started this new account uh this is actually the first day of trading in it which is kind of insane but in any case um so 10 30 10 30 on the ask 10 to 10 30 on the ask i'm still in a 10 11 sold the rest of 1003. i reset this account to 50 000 so i had nine thousand nine hundred to start the day um so unfortunately on a stock like this it's a ten dollar stock i can only buy about five thousand shares of it right now at this price high of day there's 10.50 let's let it pull back the low of that pullback was 9.62 watching 1050 order ready watching just added right there for the break over 1050 trying to ride this momentum there's 10.70 i'm in at 10 uh 34. new order's at 10.75 if it wants to rip through this level just add it at 10.70 looking for this now to break through 11. now we're getting a real short squeeze on this thing watch over 1075 1079 adding again for the break of 11. now it's really opening up 11 25. there we go there's 11 20. new orders at 11 25 to add 11.73 is the halt level i'm still holding right now looking for the break there's there we go took some profit the new high is 11 20. over 11 20 is an ad just added right there at 11. bought that little dip micro pullback now looking for this to pop over the half dollar 11.50 when these start to open up i don't want to ease off i want to be adding aggressive over 1140s an ad added 1140 break of the half dollar is what i'm looking at here holding right now full size looking for this to break over 11.50 hands on the buy button i want to see it squeeze through the half dollar i want to see 11 45 11 38 on the ask let's watch this thing right here this pullback we've got 30 on the ask watching watching the ad for the break needs to pop over 35 added right there 4 000 shares now looking for the break over the half dollar so there's the 40 there's 38 it's not breaking the half dollar just yet but it's close sold the rest for right now i'm getting uh let's see looking now down here for dip trades off of 10.50 high is 11.48 watch down here hands on the buy button just added down there long bought the dip in at 75 not not a picture perfect dip i had to use my shift one hotkey but it's fine i'm in at 75 looking for it to pop back up over 11. there's 98 on the ask imrn sold for right now high of day of this candle is 11 48 high of day of trading hours is way up at 1364 but when they start to open up like this you know look out because this is where we can get that move back to the highs potentially i mean that's best case but still that's optimistic 11 30 is definitely a spot to watch watching bounces off of 10.50 the half dollar and back over 11.25 for a long just added at 11 20. looking for this to squeeze up over 11.50 watch 1140 added 11.40 looking for the break through the half dollar back of my target is a squeeze up over 1150 and then through 12. watching hands on the buy button i can add one more time at 46.47 39 i want to see a break watching hands on that buy button i'm watching the tape seeing green there 36 watching watching 32 35 17 on the bid still holding looking for it to break this level giving it a second this is a one minute pullback adding right there there we go and i put my order right on the ask and took profit there my phil was at 84. new orders at 12. watch 12 dollars micro pullback underneath 12. added right there looking for the break of 12. i'm back in here at 64. adding at 84. looking for this to squeeze through 12 there's 12 on the ask sold new order 1250 watch the pullback be careful this is extremely extended wait for pullbacks added right there 12 just added at 12 to buy that dip 1210 was my fill now looking for this to pop back up over 12.25 12.25 is an ad added 12 25 looking for the break at 12.50 there's 12 38 i want to see this rip through the highs new orders at 12.50 hand on the buy button just added 12.35 looking for that squeeze through the half dollar 1250 is what i'm looking for there's 12 37 12 50 12 50 on the ass 1260 12 55 unreal 22 million shares of volume up 493 percent i'm still holding looking for that break over 12.50 stopped out for right now i'm gonna try to catch a dip on it when they're this extended just be careful be so careful new order here for the break the half dollar 1250 is the high hands on the buy button just added right down there added at 77. bought the dip so i bought that dip as it flushed down now i'm holding and looking for this to squeeze back up over 12 25 12 25 is an ad added to 12 30. now i'm looking for this to squeeze over 1250 of the half dollar there's 12 25 12 35 12 40 38 38 on the ask 38 there we go and right there that's gonna do it for me a hundred and one thousand dollars on the day that's the best day of my career wow i could keep going but i'm going to stop it's a perfect spot to stop it's a topping tail i was aggressive high was 12.75 and the buying power in this account um let me just so this account where's my toolbar settings oh here it is um equity and buying power i started the day with forty nine thousand nine hundred eighty five dollars in my account a hundred and ninety eight thousand dollars in buying power my account tomorrow is going to be at 150 000. it's amazing now i i didn't trade in my retirement account today today i was trading in my my regular account which you know kind of sucks uh from a tax standpoint uh trading in the retirement account is tax-free but i had taken profit out of the margin account i want to make some money in it you know because with the the margin account at least i can take the money out right now i can take the profit out you know today and so i was like yeah let's make some money in the regular margin account and i just you know it just is the luck of the draw that it happened to be this huge of a green day and i i could have switched after the pre-market trades and i was thinking about that i was like maybe i just switched the rest of the day the ira and then i was like i don't know i don't really want to do that because then i have two accounts one might be green and the other is red and so i was like i'll just i'll just trade the whole day in this account and then i was up and hit my 50 000 goal and you know so the tax side of it is is there for sure and that's a little bit disappointing but uh it's not the end of the world i think it had i've been trading in my retirement account i would have had more buying power so i could have been a little bit more aggressive could i have made more maybe but honestly this one with 4 000 share trades was pretty good size for me and i kept trying to add i kept getting error messages you know cannot exceed buying power and stuff like that um you know i i i kept getting it here i kept trying to add and add an ad kept getting the error message so i would have been able to add more size in my retirement account but you know it's um it's okay so it's because on the other hand if i had more size possibly it would have been harder to get filled at times with the spreads being what they were so the high of this was 12.75 and you know the high a day is back here at um 1364. so you know it could it could even go higher i don't know but um you know this is going to be a um a day for the record book that's for sure and yeah it would definitely be nicer if that was sitting in the um in the retirement account that would be pretty cool but it's okay i mean hey that's a hundred thousand dollars i can take out um tomorrow if i want to and that is gross profit that's before commissions my commissions today are probably going to be pretty high it's possible that i'm under 100 after commissions but again i'm not going to really sweat that you know because on the other hand even though i did take a lot of trades my share size wasn't as high today so my commissions might not actually be outrageous but yeah imrn man it's crazy so you know right now it's still holding up dip trades pop up pull back let's see so you know funny enough um as awesome of a green day as this is um a hundred thousand dollars uh this is gonna put me on the month of june right now basically as of right now after today i will be tied with the month of may so the month of may i finished with 225 000 in gross profit 225 right there today coming into today for the month of june i was up 125 000 and that was after the first six days oops what am i doing wrong here oops 20. so the first six days in overview calendar and um that was the first six days so now today 100 000 we still have 10 12 13 14 15 days left in the month and on the year as of right now in this one day i just added um you know 20 profit to the whole year from 5 15 out of 650 in one day it's pretty pretty bonkers this is still bullish it's above the v-wap it's pulling back right now it's it's tempting to you know want to trade more but it's one of those things that you got to know when to walk away and at a certain point you've got to say i've i've done my work and i'm gonna you know i'm gonna step back it would be very easy for me to right now take a five thousand eight thousand ten thousand dollar loss and be like oh that's no big deal because you know i have so much profit on the day my only regret is that i i guess didn't take this in the ira account but you know again at the same time it's money that can be spent i don't have to trade in their in the main account now for probably another couple months i haven't traded in the main account for i don't think i traded it once in may or once in april so i had taken a couple months off and i was like yeah i should trade in it to make a little bit of money pay some bills whatever um and well there we go so what a day 420 percent gain unreal so you know i don't know that we really need to do uh too much of a recap today um you know i've been live streaming now for two hours two and a half hours you know essentially the recap uh i mean you guys watched the trading so imrn was the leading gapper in the entire market gapping up 374 percent i did take a trade on it pre-market i also took a pre-market trade on izea so if we look here at the the total profit by the stocks i traded i had a nasdaq test stock um earlier i was just testing one of my hotkeys izea 850 pre-market that was the first trade so izea at that time was the leading gapper gapping up 83 and i bought this pullback right here is actually right in here long at 60 it hit a high of 73. so that was the first trade it pulled back and as it was pulling back imrn which at the time was on the gap scanner had a pre-market high of four way way back here and then it pulled back and i was kind of like okay it's interesting but you know i'm not really sure i don't know i'm not really sure i'm gonna do anything with it um and then all of a sudden it comes back up to four i pulled up the level two imrn it was at four dollars and i put my order out and i was like oh i like the look of that it rips through four goes to 425 450 484 495 and i was like oh my god this thing just broke four dollars and hit five and so on a micro pullback it tapped four it then pulled back for a hair of a second and i jumped in i bought it five dollars i got a little bit of slippage i don't remember my exact entry if it was 503 or five uh it was actually four i had three entries um 489 498 and five dollars five dollars was a partial fill and i tried to buy again at 502 and i got no fill it then ripped up and i added at nine dollars all of a sudden i was like this thing is going crazy and you know yesterday we had enob pre-market that also went absolutely crazy i mean this thing was um pre-market ripped from six bucks to 18. so we've been seeing some really insane pre-market action all right so i didn't expect this from imrn though i mean if i had expected i would have taken three times as much size but you know in any case we got a squeeze from five up to ten and so right there was a one hundred percent squeeze pre-market i uh did a couple little dip trades pull back trades so i was actively trading it i did not hold any positions into the open so i was back to flat at about 9 28 929 the reason is that sometimes the moment the bell rings stocks will drop and the reason that'll happen is uh if someone who's been holding this for a really long time maybe just put out in order to sell it like six dollars you know they're like i'm in at six that's my average i've been read on this forever i'm gonna put my order at six dollars just try to get out break even you know whatever um so they put the order at six dollars well today you know the market opens and boom market order goes through to sell it they get filled at the current market price but if you have someone that did that with like a 250 000 share order then you know obviously you could see a big flush at the open or you could even see that the stock opens substantially lower so for warrior pro students um we're actually going to be talking about that in the warrior pro in the classes on on gap and go but let me just pull up um this one slide here so this um this is the um this right here i would say is the risk of holding um into um from pre-market so this was pre-marketed at 1.30 the bell rings and it opens at 90 uh 69 cents so all of a sudden it has a huge drop right so that was um that's that's the risk of holding from 9 29 to 9 31. i have a couple others early up here further in the slide deck so this is the warrior pro slide slide deck over 1000 slides for warrior pro students um which we're going to be jumping into uh today so this is the curriculum this is a little to do reminder for myself so anyways um so imrn i didn't hold it going into the open but as soon as the bell rang i got long and it squeezed up um from 10 all the way up to a high of whatever 1364. so basically by i don't know and i did some dip trades through here i i wasn't so here's the thing i was live streaming on youtube and when i'm doing typically this kind of is an unfortunate day but i was trading imrn pre-market then basically right at 9 29 i was i was like i'm not going to have time to hit the end stream button and change my scene selection down to my um down to my trading screen so i was like i'm just going to keep streaming on youtube because i i don't i'm not going to have time to switch this so i just kept streaming on youtube so i don't actually know exactly where at what point i was at what profit uh just on my own sort of recollection here because it obviously was happening so fast total number of trades is probably i don't know i mean my executions are going to be probably over 100 tickets look at this coming back up here so it dips down i did some dip trades on it um but the bulk of the profit was obviously from pre-market to right through here and then this is where i added some more profit right break a v web pull back set up here breakout here and a rip all the way up to there and some of you guys are probably still trading and still making some money it's volatile and bouncing off support buying dips and then selling into breakouts is working well and again my only regret is that i was in the ira or in the main account so i couldn't take as much share size as i kind of wanted to uh it was holding me back a little bit but since i had this once i was up 40 000 i was like i'm going to try to break 50 000 in one day right 50 000 in one day would be my record my my previous record so i don't want to switch to a new account because i don't want to have to say oh yeah well i made 43 in this account and then eight in this account so technically it's 51 total i just i was like let's just keep it clean make that 50 in one account and then all of a sudden i was up 60 70 and i was like all right well let's just keep trading then i was up 78. i was like that's a nice number up 84 15 000 to go up 90 92 96 97 98 and then finally crossed over 100. the high right here is uh 75 and there it goes 13 41. wow i mean i have fomo you know i really do i this gosh it's it's so tempting to want to get just like a little little one one little extra trade on it um you know but gosh it's the risk there of course is so high uh i i'm gonna put that like that so i'm not even looking at it so great great work you guys um really unbelievable a lot of opportunity on this one so that was 88 000. dgly respectable 7600 very happy with that trading uh through these breakouts and pullbacks and then obvi obviously a dip trade out of this halt going down ent that was a quick break out as you guys saw um a break over the volume weight average price it was more of a one-minute setup than a five-minute setup right here uh missed a couple trades on it oh my god i am rn okay i've got i've got a watch i've got a watch so it's let me pull this down here all right so we're sitting right now 1468 i you've got to look for a dip because um this is up so so much it's currently up 599 percent it's crazy so watch it dip down here this could dip down to 13 bucks i mean it could literally drop to 13. watch there's 14 on the bid 14 13 on the bid there's 75 there's the drop all of a sudden right back to 14 someone bought it up let's zoom this chart in let's go down to a 10 second chart just to really dial in on this price action the low there was 13.50 and it popped right back up so 13.75 on the bid high of this candle is 14 33 14 33 could be a long it's not a one minute setup yet if it breaks 13 watch watch there watch the break watch this thing over the highs man it's it's so tempting watching there's 15. watch dips this thing is on fire i'm long i just bought at 15. i'm going to try to catch a quick rip back up to 1550. so looking for 15 30 there's 35 i sold at the half dollar just grabbed a little bit of profit not a big win small size looking for the next dip high right now of this is 15.72 this is just an epic short squeeze added at 15.50 for the break over the half dollar 1572 looking for the squeeze up to 65.70 there's 71 72 72 sold at 71 a little resistance there 16 11 is the next halt level watch over 16. watch 16 pull back we need a dip bounce off 13. i gave in to fomo i got sucked back in back in long for the break over 16. we've got 50 89 on the ass there's 95 looking for that rip through 16. there we go sold on the ask all out hi is 16 30. added 1629 looking to just ride this momentum up to 1650 up to the half dollar 1645 sold order lag on that exit not sure what that was about perhaps just everything that's happening on this stock right now um is my computer that's lagging it's the 10 second chart the 10 second chart screwing up my my feed that's what's going on i'm going to close everything else save save so it's the it's those really quick time frames that just slow down that the computer it's why it's hard to trade um on those time frames so the high right now um i'm losing my charts let's see unreal so come on man hi i just need those dang charts to load oh come on my charts are just stuck uh they're moving but i can't i can't adjust them i can't touch anything watching the break over 17 long for the break of 17 there's 1701 1720 sold 1706. this is garbage come on what the heck is going on here all right there we go um new order watching over 17. back in at 17 there ripping through looking for the squeeze up to 17.50 there's 17 10 17 25 sold sold i'm back out i should have switched to the ira i'm still trading in the main account uh high is 17.50 over 1750 is a possible ad but gosh it's so extended it's up 700 percent wait for the dip wait for the dip it's too extended i can't buy it up here it's got to pull back wait for the dip you could drop down to 16. it could really drop i'm gonna bring share size down watch down here there's a flush i didn't buy that dip i'm just watching it still high of day on this is 17 49. watching off of maybe 15 it could really drop first candle to make a new low i'm gonna watch off maybe 15 for a dip trade watching not in yet just watching i don't want to be early on this this is starting to be the back side of the move you've got topping tail in the five minute man this is insane i said i said guys i i was like the next time we get a big momentum stock i really think i'm gonna crush it and i have um really really crushed it i'm i'm watching this for a bounce off 15. watching down here halt level going down is way down at 12.79 big spreads right now is it going to bounce off 15 let's watch it down here i'm not in yet i don't want to be early i'd rather be late than early on this one that five minute topping tail candle of indecision it's a reversal indicator load down here looking for the break of 15 flush down towards 14 hands on the buy button just bought right there bought at uh 12 10 at 15 10 trying to catch a quick little bounce uh in at 10 selling half at 74. sold the rest um sold the rest at 04. simple not shortable oh i had it must have had an order out i got to adjust this now i'm trying to trade with massive fonts so it's kind of funny here the low there was 15. let's watch it bounce off 15 again another possible dip trade off of 15. watching it down here is it going to catch support at 15 orders at 15 30. i didn't take that one i'm up 104 000 now this is more likely to be a false breakout because of the red doji on that five minute chart the thing is i i also have to be careful i mean i i do get concerned about the risk of a t12 halt which is halted pending um requests for more information from the company i mean it could happen this is up 600 700 it's literally insane i mean there's a headline on it but you know it's let's be honest like this is does this justify a 700 move i'm not sure the high here is 7.49 but again we trade the technicals uh so it's the technicals that are really in focus here but a a risk factor to be aware of is um is the possibility that we could see a drop so the low this pullback was down here at 15 i'm looking for this to bounce off of 15. high is 1639 1639 is a possible long on a one minute chart again there's risk of the false breakout i just added at 15 i'm looking to see if this will break over 25 30. there's 25 there's 30 there's 40. took my profit at 47. 46 actually i'm fine with that puts me up 105 000. highs 17 over 17 would be an ad it's uh not a technically incredibly strong setup but it's a um it's just going to squeeze out short sellers i think at that spot if i was short i would have my stop at the high a day and if i was short i'd be like this is this should drop it's a red topping tail candle but stocks can be irrational i'm long looking for the break over 17. this one wants to be irrational i'm taking the profit out 26. up 106 000. look at that wow it wants to be irrational look for the dip i'm just adding right there looking for the break now over 18 added at 17.77 looking for that break back over 18. watching the ad added right there for the break over 18. we've got a high it's a little choppy it needs to break this level hands on the buy button i sold and i'm going to add back over 18. watching a dip added right there at 60 buying that dip now over 90 added again boom sold took my profit up 107 high is 80. uh i don't usually do it like this because it's going to be kind of hard for me to um to watch but uh i'll just for the heck of it here 1880 oh gosh was the high seriously 1880 oh my god unbelievable all right so let's watch dip trades on this um i'm going to be kind of flying a little bit blind but i'll just try to do this for you guys i can't stream real-time market data but you'll be able to see um where i'm in and out so let's let it pull back for a second it's really extended the high this current one minute candle is 1830. 740 percent gain i'm holding i'm holding i'm not getting in here i'm waiting waiting for it to pull back a little bit more is it going to bounce off of 17 it's still it's it's still a little too i think early the high is 1880 so i could put the order at 18 80. if it just breaks to the high then i can try to get that squeeze up to 19 20. orders at 18.80 watching watching hands on the buy button added right there looking for that rip through the high looking for 80 they're 65 i want to see 65 cost basis is 36 looking for 70 hands on the buy button over 80 as an ad watch 80. we've got 50 on the ask 1850 there we go i didn't even get a chance to add oh gosh look at that spread unreal unreal so on that one um that kind of is a bummer because my i had one exit that was 1830 and the other was 1876 one second apart so one was profit one was break even high is 1915. bounce off of 18 now down here looking for dip trades i'm long at 17.95 trying to catch a dip back up to 1850. there we go happy with that quick quick in out 39 000 shares hive day is 1915. watching hands on the buy button on the hotkey hi this current one minute candle is 73 adding right there 47 looking for the break over 73 watching yeah i might have to stop out on this let's see what it does looking for 73 to break look at that first one minute candle to make a new high cutting the loss i'd rather just keep it tight and then i can always add back order's going to be at uh 75 we're so top heavy we could get a quick flush down here watch bounce off 17 added right there 49 for a quick bounce back up to 18 just like that 1893 is it going to bounce over pop over 18 i'm holding at 35 looking for the bounce over 18 18 there's 1805 18 on the ask nice dip trade off of 35 partial fill as you can see on the exit sold the rest high now so low back here down flip drop down to 17. 35 million shares of volume and i said if we get 5 000 likes on this facebook youtube i'll do another um free day sometime next week so watching down here is it going to hold 17 if it breaks we could drop back down towards 16. could drop 50 cents stops have to be far away watch here the break of 17 watching is it going to hold 17 nope i'm long just tried to buy that dip in at 1708 i was a little early i thought it was holding 17 there let's see if it pops back up to 17.25 i'm gonna give it a second to pop back up 1725. there's 1709 1709 17 11 9 i want to see it break nine and then up to 25 there we go not perfect but okay that's fine hi the last one minute is 1774. i can't buy there it's up too much so you know i left a little money on the table but that came back in but you can see i'm trading with smaller size now so um it's important to be careful uh when it's up this high that i don't risk doing something crazy high days uh 1915. i don't want to take a huge share size up here and have it halt going down or have it get halted on t12 or you know have it get halted pending news or with a secondary offering i mean i just i can't take that risk 94 000 on this one so i've made another 6 000 here not bad watch down here flush hard flush i'm long 57 trying to buy that dip for a pop back up to 17 25 17 20. are we gonna pop up to 1725 i'm in at 54. watch over 17. 17 is the spot i want to see break added right there tried to add got a partial fill there we go nice nice dip trade 1666 right so i see that dip i buy it back over 18 i guess could be an ad but 18 on the ask i mean you may see uh sympathy momentum you know other stocks that show strength but um i don't really want to get into switching gears so first one minute candle to make a new high well the high was 18 a 1760 but i don't think i want to trade that you know it just dropped so much the five minute is still extended i haven't even looked now for a little while at daily resistance is this at all-time highs yeah so now this looks like blue sky there's no real upside resistance back over 18 maybe 1750 could be an ad watching watching the tape when i see bursts of green that often gives me the confidence so i'm in right there for the break over 1750 the burst of green is what gave me the confidence there's 60 there's 70. so 60 70 i want to see i'm gonna put a new order at 18. watching just added right there for the breakthrough 18. taking a little profit on that squeeze high is 18 15. when a stock is trading with 36 million shares of volume i mean you can get in and out pretty quickly it's liquid which is nice you can also trade it slower i mean you don't have to jump in and out you can trade as you'd like but risk exposure you know is the amount of time you have in the market so high the last five minute candle is uh 1873. i'm going to put a new order at 18 15. watching here watching dip trades off of 17 maybe 17 watching oh look at that still watching dip trades so i'm long there 70. i just bought a dip and i'm looking for this to pop over 18 added at 18 or i tried to got share size uh it cannot exceed buying power looking for the break of 18. i want to see this break over 18 so we got 99 on the ask there's 18. there we go look at that so a little bit of a false break i hit a high of 18 i don't know what that was 18 50 and now it's dipping down i'll look to take a bounce off of 17. still holding 250 shares looking for a bounce long off of 17 watching down here added long uh bad fill bad fill at 31 42 that's the problem with using hotkeys sometimes you end up getting a bad fill so my long actually i filled um 699 and a thousand at 42. so when i get a bad fill you know usually i'll just kind of try to either get out break even i mean sometimes i'll hold it and give it a second but let's just see what it does i'll just cut that loss might as well just keep it tight so the low of the last pullback was 1644. so 1640 is the possible dip watching down here watching down in this area i'm long i just bought that dip i'm going to try to catch that bounce on the double bottom back up to 17. so i want to see it back up to 17 10 i'm in at 60. we've got 87 86 on the ask there's 96 93 gonna pop over 17. so now 87 again 84 no so it's okay still have the hand on the buy button for a bounce off of 16 watching down here double bottom is 16 1644. let's see whether or not it holds this level the five minutes not clean the five minute is you know looking like two red candles but if it breaks 44 i would look for a quick flush down to down to 16. 79 by 86 hands on the buy button i'm going to put it the order at 52. watching right here watch for this flush looking for it to break 50. it's holding that support level ah bummer i was okay well hi the last five minute is 18.50 which is right there high of day is 1915. so you can see how we got that double bottom there i i probably should have just jumped into it a little faster i was i was i just didn't want to get in have it break 44 and then or have it break the half dollar and then flush to 16 and or you know something like that it's all right uh high of 16 17 63 right now this is technically forming a five-minute bull flag up at the high 16 1762 was the high of this candle 63 so let's see if it comes back down towards that half dollar it's flushing back down pretty hard there that's a that's a pretty hard drop back down towards the half dollar watch this for a second it feels weak when it does that but then you know it feels strong when it bounces back up so it's kind of confusing me a little bit no we'll still have class today we're just gonna obviously start a little later hands on the buy button down here looking for that bounce off the half dollar i have the last one minute candle is 1736 hmm i'm long right there for the break over 1750 looking for this to squeeze up over the half dollar as it's curling up here and then over 17.50 i want to see it break the half dollar and then squeeze up to the 80s 1780 i'm kind of looking for that first five minute candle to make a new high watching there's 40 40 on the ask 42 i'll do 500 shares 400 for an ad over 17.50 orders at 55 watching 46 on the ask added at 50. looking for the break through that half dollar now see what you see here is there's a hidden seller there at 50. so i jumped right out real quick new order is going to be to buy a dip on this we'll watch around 17. 1750 is a an important spot to watch but false breakouts certainly carry some risk orders at 17.50 watch down here long thousand shares starter 17 try to catch pop back up to 17 25 17 30 16 1692 nice nice entry so now i can add over 1730 or 1740 added right there at 20. now i want to see 28 38 retest the half dollar is it going to break the half dollar this time i can't add any more any more size i'm at max buying power looking for the break over the half dollar let me see if i can add 400 shares at the half dollar watch here 1750 hands on the buy button to add what i can to max my buying power watching 45 added right there there we go taking some profit through that breakout all out high was 8 1780 new order at 18. just added right there at 69 looking for the break over 18 added there again looking for that squeeze took my profit high is 1807. 1810 is the next possible entry first five minute candle to make a new high is going to be over uh 18 right around 1810 so right now we're about to set up a five minute uh pattern first five minute candle to make a new high will be over this green candle the high this current green candle is right around 18 watch this just added right there for the break nice 1785 is my cost basis now watch here let's see if it breaks over 20 added there there we go i tried to didn't get filled took some profit off the table as we come back up towards the high 19 new spot to watch 114 thousand what's my cost basis 17.99 that's pretty good so high of this candle was 78 added right there looking for the break through 19. watch for 19. i'm looking for that squeeze through the highs there's 88 looking for short sellers to get squeezed out there we go so nice break not the cleanest one i've ever seen but not bad now the high this candle is 49 over 1949 next possible trade still holding some small size here into a dip it looks like so scaling out i'm all out hi this one minute candle is 1926. so this was a five minute breakout which was a nice one a nice resolution up to 1949 but you know it is pulling back a little bit here the hive day move that up to 49. i'm not sure um i don't know i mean i just i'm just concerned about um how much this is up i i don't know i mean i just don't want to get caught in a halt 2 000 shares in a halt that's 36 000 on this stock if it gets halted pending news or they decide to do a secondary offering or i don't know i just i'm taking quick trades because i'm not wanting to risk it um this could be a dip entry maybe down here for a quick bounce off the low so that's a rejection candle on the five minute low volume false breakout uh 1650 could be a bounce spot i think at this point um it's a good spot to say where maybe maybe time to walk away so hey hundred fifteen thousand that's a record 39 million shares of volume it's got a lot of volume it's very liquid you can get in and out i mean i didn't even i maxed out my buying power but i've only got uh i can't use leverage so my biggest position on this stock today was 50 000. so i mean this is like in terms of account growth also i've more than doubled my account today thank you guys thank you guys for being here thank you guys for watching this video even those of you guys who might be watching this a year from now because this is going to become one of my most popular videos again um you guys if i get 5 000 thumbs up i will do a live stream like this next week and for every for every 5 000 thumbs up that i see i'll i'll schedule out another live stream so if i end up seeing 15 000 thumbs up on this over the next uh three days i'll schedule out three live streams all right so good job you guys um this has been it's been an amazing day and you know the last few the last few weeks i've been saying that the way i've been trading i feel i felt like i was due for a really big day um and that was because i was being super aggressive but we weren't seeing stocks going totally crazy i mean we were seeing some decent moves like yesterday on dgly you know dgly yeah was it decent yeah it was it was decent um you know from 380 up to four 485 but you know there's only so much you can make when it's in that range and i said you know the next time we have a stock that really goes parabolic i'm going to try to seriously step up to the plate on it and i did exactly that on imrm so you know this is that this is a display of my momentum strategy uh it's again reiterating what i said before that my results you can't think are typical you can't expect that you're going to learn how to trade this overnight and be able to make this kind of money it took me i mean i've been doing this for almost 10 years and this is the best day i've ever had so it took me that much time and experience to be able to achieve this but i'll say that i think my learning curve could have been a lot faster if i had had someone that i could learn from and so what you guys have here is it really is me to learn from you're ultimately your strategy will probably be a a culmination of a lot of what you learned from me and my techniques and a combination of your own risk tolerance your account size and the type of stocks that you feel most comfortable trading we've got you know different members of 100k club at warrior trading so students who've made over a hundred thousand dollars in profit and each of them have a slight little variation on their strategy you know everyone has sort of that little spin on it and it's what makes you unique really but before you can start branching out you've got to make sure you really master the strategy of at least and truly understand how i'm able to do it so quite a day here um i'll shut it down here 12 20 and we'll open the warrior pro classroom and we'll start class at 12 30. so all warrior pro students and for those that are um you know hanging out hanging out here right now we're teaching classes live uh which i do from time to time so this is the warrior pro curriculum right here and the warrior starter curriculum is also 15 chapters we've already uh we've already taught that but for those that are watching this week's from now months from now jump over to warriortrading.com check out the website uh check out the links down in the description of this video we often run um you know different types of events when i'm either hosting live workshops or i'm teaching live classes or you know things special sales and things like that so you know if you guys do want to learn a little bit more about trading it's it's not for the faint of heart it's uh this is some high risk stuff it um you should expect that you have a high likelihood of losing money but set yourself up for success first and foremost by not blindly following me or anyone else trade based on understanding the strategy and trading a simulator before you trade with real money you saw me take a trade in uh our simulator today on uh liberty trip advisors you know even a seasoned trader can flip over to the simulator here and there but trade in the sim prove you can be profitable before you start trading with real money so today this is a real money account 115 272 of profit best day of my career so thank you guys for being here with me this has been a three and a half hour long video um and i you know i hope that you guys have really learned something from it so i'm gonna put up my disclaimer here as we uh come to the end of this video and uh pro students we're gonna jump over into the pro classroom

Channel: Warrior Trading

Views: 629,002

Rating: 4.9154572 out of 5

Keywords: day trading, day trading strategies, trading strategies, how to day trade, beginner trading strategies, momentum day trading, stocks, trading, how to trade, stock trading, penny stocks, pdt rule, shares, float, volume, candles, profits, Wall St, finance, brokers, Ross Cameron, warrior trading, day trade warrior

Id: xjrZqTEsQWg

Length: 202min 14sec (12134 seconds)

Published: Tue Jun 09 2020