Green on 100% of My Trades Today! transcript

What's up everyone? All right, here we are Monday morning and I'm back in the saddle here finishing the day in the green up $97,1956. And guess what? I only took five trades today. That was it. Five trades and five winners. So, my average winner nearly $20,000. This is good. This is going to help improve my profit loss ratio for the month of September. Now, last week I had a couple of bigger losses which made my average losers for the month slightly bigger than my average winners.

The only thing that is keeping me in the green is that my accuracy had been 75% coming into today. Well, that's going to move a couple ticks higher as well thanks to these five winners and zero losers. So, yesterday I uploaded my watch list and my game plan for the week ahead. And one of the things I said was that this morning I first thing Monday morning I'd be sitting down and looking at our top gainers scanner to see whether or not we were continuing to see big momentum in the market.

So on Friday when when I first sat down we had we had a couple stocks were up like right around 100%. And that felt a little slow compared to Tuesday, Wednesday, Thursday where we were having 400, 500, even a thousand and higher percent gainers. So this morning I sat down and the first thing I saw was that we had several stocks were up over 100%. A couple were pushing 200%. So I was like, "Okay, Monday morning it looks like we're already off to a good start." In fact, we're going to pull up the scans here in the charts.

HSDT was one of our biggest percentage gainers today. This one went from a low uh well yesterday uh from uh after hours Friday. Uh the total percentage change on this was 590%. It went from about uh $67 a share, $8 a share. This morning, squeezed all the way up to a high of $5110. And yet I did not take a single trade on it. Why is that? Well, I don't sit down at 4 in the morning. So I miss these early trades at 4, you know, 4 4:30, 5 in the morning.

Now, at about 6:30, you did get a really nice breakout right here, and it went from $25 all the way up to 50. So, a 100% move. However, if you recall from last week, I did have a couple bigger losses and they were trading slightly higher price stocks like this. So, nonetheless, by the time I was sitting down at about 6:45, the topping tail candle, it had already broken 50. And I was like, well, I missed the move. I'm not going to try to jump in it up here because I'm not going to be able to manage my risk.

I pulled up the charts. I looked at the level two and I just said the spreads are too big. I'm going to just have to accept that this one I missed. But this is a really good sign for momentum today because obviously we've got some stocks that are moving uh really quickly. So, I felt um optimistic. Okay. So, 7 a.m. I sit down uh or 7 a.m. you know, I'm ready to be trading. I'm sitting at my desk here and um HSDT starts pulling back.

So, this one starts stairstepping down. So, no trades on that. So, I'm watching the scans and at that point CHK had continued higher. Um but um well, actually not really. So, this was the after hours move and then pre-market it was down here. So, it had a lot of volume but it wasn't really up enough for me to feel like it was worth trading. So, no trades on CHK at that point. Uh, and then we have this stock EVTV. EVTV hits the scanner electro uh, or sorry, Envir Envirro Tech Vehicles.

They have a headline about a new drone that can lift 1500 lb for agricultural spray and fire protection capabilities. So, I'm like, okay, well, you know, that's not really the catalyst I was looking for. um you know, but let's see what it wants to do. So, right at about 7 a.m. right here, it pop 655. It pops up from $450 up to $7 a share. It drops down right here and then it rips from 550 all the way up to 9. And I didn't take that trade either.

And I felt a little bit of FOMO that I missed it. But here was the deal. Right at 7 a.m., the spreads on this were pretty big. And the volume, the total volume was only a couple hundred thousand shares. It was pretty light. So that contributed to bigger spreads. So I said, "No, I think I'm just going to leave this alone. I'm not sure about it." Next thing you know, it's tapping seven. It rips through seven, goes to eight, it dips down, then goes up to 9, dips down, then goes up to 9, a little over nine.

But notice these topping tail candles. So I didn't trade there. So it ends up pulling back here. And then through this area, it started to go sideways. And I said, you know, we were stairstepping down kind of here, going lower, going lower, and now we're kind of holding steady. So, I actually decided, and this is a little bit unconventional. I took a trade uh right down here just off of $6. Uh, this was a basically a flat bottom and I felt like it was support and the MACD was sort of starting to curl just a little bit because of the fact the stock was no longer going down.

So, I thought, you know what, I'm going to take a starter on this. I'm going to break the ice with 5,000 shares. So, I took 5,000 shares. I said, if this can get up to VWAP, that by itself is a dollar a share. So, I get in, it squeezes up to VWAP, and then I add for the breakthrough VWAP, and it goes all the way up to $8 a share. Boom. I end up locking up $13,189.54 on this. Not as much as if I had probably traded this first part of the move, but nonetheless, for a trade that was below VWAP with MACD against it, um I felt good about that.

And so, how much was I risking on that trade? Initially, about $1,500. Not a lot of risk. And then I got some really good upside uh reward on it. So, that was EVTB. Now, it ends up pulling back. It doesn't hold VWAP. I watched it to see if it could hold. I was hoping it would and then we get another move. Uh but it didn't. It It pulled back a little bit too much. So then at 7:30 I switched gears. This was like 10 minutes later.

Uh to CH EK. This thing rips through $2 right here and goes all the way up to 280. It then pulls back and pops up, dips down, and right here we ended up getting this really nice break through the high which was three. And that was right here. So, I got in right here. It goes from 3 to 320, 340, 360, 380, $4. It hits a high of $442. $61,000 of profit. Fantastic. Now, uh, so that was my first trade on CHK and then I got a second trade on it, which let's see.

So, where were the two trades I took? Um, so the first trade was right here for the break of three and then the second trade was right up here at about 350 and that's where I added back. So we got that move all the way up to four. Fantastic. It then pulls back and so then I'm sitting tight 740 waiting kind of watching this here but it's sort of stairstepping down starts to come back up here. Was kind of tempted but I sort of held off.

I felt like I wasn't sure because this topping tail candle that was on the one minute and the 5m minute was sort of even bigger. So I said nah I think I'm going to wait on wait on that. Then NAOV hits the scanner and this one I was a little hesitant on as well. So it first pops up on the scanner right here at about um 8:00 a.m. It pops up from 7, goes to 10, pulls back, pops up, pulls back, pops up, pulls back again.

And on this one, um, right at about 8:30 here, uh, we got a trade again, break a VWAP setup. So, I took the break of VWAP setup on this one as well, and that gave me that trade from, uh, basically right there all the way up to a high of 14. So, on NAOV, I locked up $17,000 of profit. Another really nice trade. So, that was trade number four of the day. So, one trade on EBTV, uh, two trades on CHK, one trade on NAOV, and then the last trade to finish the morning was FRGT.

This one popped up and I did this dip trade on it right here. I didn't make a lot on it, 5,000, but uh, it was a green trade nonetheless. I'm grateful for that. So, coming into the open, NaOV continued to be volatile. I decided not to trade it. I felt that my risk was too high. Big uh, just kind of big whips. I just didn't feel like I could get my risk dialed in on it. So, didn't take any more trades on that one. Um, HSDT, this one I didn't take any trades on, period.

It's been pulling back a little bit. So, nothing on that one. Uh, CH EK, this one dipped down a little bit. So, you know, right now it's about 10:15 and I'm I'm calling it a day. I feel grateful for where I'm at. It's a solid green day. I went from about three $374,000 on the month to now $470,000 on the month in one day. Wow. Okay. So, we're definitely getting some good momentum here. So, what's the game plan going into tomorrow?

Okay. So, this is how I'm going to approach tomorrow. My thought is that I'm going to watch to see how these stocks play out, you know, for the rest of the day. I'm not going to be watching them all day long, but I'll check on my phone the scans later tonight and just sort of look over the charts. Then I'll see if there's anything that moved in the after hours this this afternoon, like at 400 p.m. that could have gotten things started for a trade tomorrow morning.

Tomorrow morning, 7:00 a.m. I'm going to be sitting down. I'm going to pull up my top gainer scanner and I'm going to ask myself, what's the momentum? Do we have percentage gainers in excess of 100%. If we do, momentum is still pretty strong. If we don't, if the leading gainer is only 70%, and I'm s only, but you know, if it's only 70%, in this market, it's only 50% or 40%, I'm going to think, wow, okay, it's cold. I've got to kind of sit on my hands and really be patient.

But if we have gainers that are greater than 100%, if we have gainers that are greater than 150 or 200%, I'm going to be thinking, "Yep, we're still in a hot market." So now it's just a question of finding either one of those I can get dialed in on or potentially the next stock tomorrow that has news and on that news suddenly goes up 100% in like 5 minutes because traders are so excited to catch the next one that starts squeezing.

Just like HSDT, there could be one that's up 500%. and I say, "Well, I'm not going to trade it because the risk could be too high, but this is a good sign for momentum in the market and I'm going to wait for the next one and the next one that pops up. If it looks good, I'm going to be aggressive on." So, that's the game plan for tomorrow. So, if you guys are not already doing a twoe trial, during your trial, you can watch over my shoulder.

You can see my P&L. You can see the the cost basis of the positions that I'm in. So, you can see right here, this is the screen that you'll see. You'll see my charts, my scans, but you'll also get your own version right here of this platform. So, you can log in, you can change the charts, you can look at whatever you want, you can change your layouts, and so you can really experience this software using the scanners, the um the the alerts there, the top top alert scanner, the high day alerts, the news feed, uh the charts, the chat room, and everything else.

You can really get a sense of what it's like using the software and being part of the community. So, make sure you guys check out that twoe trial. 2 weeks for 20 bucks. And I'll see you guys live streaming tomorrow morning, 7:00 a.m. Eastern Standard. And remember, as always, trading is risky. My results aren't typical. I've been doing this for a long time. There's no guarantee you'll find success. Whether you trade with me or you learn on your own, I think it's a good idea to immerse yourself in a community of other traders.

So, if you'd like to take the leap and join us, we'd love to have you. All right. So, with that, I'll see you guys bright and early tomorrow morning.