Day Trading Watch List for THIS WEEK (Dec 30 - Jan3) transcript

what's up everyone all right so in today's episode I'm going to give you my game plan for the week ahead we've got another holiday week here Market's going to be closed Wednesday for New Year's Day so this will be kind of like last week trading probably regular as always normal Monday Tuesday markets closed Wednesday and then trading on Thursday and Friday now if we can draw some insight from last week it was a tricky week two days last week I went into the red before rallying back to green which is I mean look I finished the the the day green I still was green four out of four days last week you know but that they were close calls and that was on um Tuesday Christmas Eve and then on the day after Christmas on Thursday so but Monday was good and and Friday was good so you know I'm kind of thinking this week might be similar but last week especially a big travel holiday a lot of people are traveling they go home see family stuff like that for Christmas and so I I expected volume to be light on Thursday and Friday from so many people traveling and I think that that that was the case we did see lighter volume so now we've got the weekend now we're coming in on Monday and this is also a week where a lot of people travel I'm traveling now some of you guys are saying are you on a farm I feel like I hear is that a horse peeing in the background it's a waterfall there's a waterfall right over there I'm in the Caribbean it's beautiful it's nice and warm so I'm going to be trading here on my traveling trading station and I made sure to go to a place that had fiber high-speed internet so it wouldn't interrupt my trading or my broadcasting streaming for you guys or for warrior Pro members especially members at Warrior trading so regular routine for me in that way but I'm traveling a lot of people are traveling and so some people when they travel they don't trade they just say n I'm on vacation I'm not going to trade now that's crazy to me because I trade no matter where I am but I get it so I expect volume will also be a little lighter this week and then a week from tomorrow when we are past the holidays that's when volume is going to pick back up now December right now best month of the year for me in terms of trading profits now I'll share with you exactly where I'm at in terms of profit but you know regardless of where exactly what that number is I don't want to give you guys fomo by you know throwing it out there right now it's a big number but best month of the year in December so let's just stick with that best month of the year here in December that speaks to the fact that the market has been picking up and two of the weeks for December have been holiday trading so now I'm just thinking all right we've got January right around the corner this is when I think we're going to see some really strong momentum the Market's been hot and now with Traders coming back from traveling back from the holidays everything else I think we're going to see some good action so I'm super excited for January and and really the first part of this year January February March and let's see if we can get 2025 off to a really good start okay so now let's jump on the screen share and start breaking down the watch list here for tomorrow all right so let's see um yeah what is it did I see your goggles um I saw you had your goggles but I didn't see where they went so I'm not sure where they are right now okay so let's see um so I'm going to put up um it well why don't we do a couple things so first let's look at um just from Friday intz so int big move on Friday this one was up 381 I mean that is great to see the only thing that was sort of challenging about it was that um most of the move the biggest part of the move happened early early in the pre-market session and so by the time most of us were sitting down I think we sort of felt like we missed the move which which was pretty much true so this went from a dollar up to a140 up to A180 up to two all the way here up to about three pulled back and then during regular trading hours it actually gave another push higher this was not the stock that I was able to really crush on Friday the one that I traded was myz so myz had breaking news that came out at 8: a.m. and this thing spikes from 550 all the way to $11 but it ended up coming back down as the day went on and to be honest even as it was squeezing up it felt like there were some big sellers so you know is this a company that is doing an offering selling shares on the open market it's not impossible you know we look at these companies oops I want to go to Bam sec.com so we look at these companies like myz and I use the site bam sec I'm not logged in right now on my laptop but anyways I can log in later you can be you you don't have to pay for it it's a you can use it for free um however um what I like to check it is whether or not the companies have a shelf registration and I can see that this one does in fact have a somewhat recent shelf registration which gives them the right to sell shares on the open market so when you see they've got a shelf then there's a question of do they actually need to raise money and so we check the balance sheet so that's where I look at the 10 Q the the the latest quarterly earning statement um so as I scroll down here we can see cash flows from operations they're operating in a net loss right so now you're like okay this is a company operating at a loss and then if you find their balance sheet did I already scroll past it um we'd be able to see their cash on hand where is it um so those revenues Financial assets so that's right where is the balance sheet uh balance sorry I just oh here it is way up here um so well they actually have some cash and cash equivalents um which isn't bad so this was as of September 2024 so that's $2.3 million but then we just got to check to see what was the dollar amount of the loss that they just had for the last quarter so for the well this is for nine months um yeah so so you could see there there this looks like a company that's going to be in a position where they're going to need to get some Capital so anyway so now you start to think all right well why was it selling off all day is it because insiders are selling or is it the company that's selling and it may likely be that the company is selling all right so that unfortunately means this is going to be a stock that probably won't be easy to continue to trade you know you've got two red candles on the daily each time it pops up it sells off so now shorts are going to be more aggressive shorting it if it does start to pop up again so myz yes got some trades on it on Friday but probably that's going to be off off the radar for the time being um if we pull up the scan of continuation I like to check my continuation scanner just to make sure I'm aware of some of the biggest movers in the uh last couple sessions so NZ ctm litm lse L is kind of interesting CU this one has put in a big move but I don't love this daily chart and the reason is um I I just feel like I've missed the move you know what I mean like it's already gone from 40 cents up to 10 bucks could it keep going to 15 or to 20 maybe but you might have people that got in at 40 cents that were just kind of holding and finally decide to sell and they're selling 100,000 shares so you start getting some of those big sell orders and that's not going to be easy um so that one's probably not going to work uh by the way let me just um I'm just going to put this up here so let me switch to um there you go so uh we've got our new year sale going on right now new year new you uh I don't know if any of you guys checked out the episode I just uploaded uh the other day or it was on it was on Friday actually I uploaded a um a recap here my Friday recap being up 35,000 and I also broke down how to start day trading in 2025 the right way so let me just say for those of you guys that don't know this uh I actually began trading um full-time as a New Year's resolution I made this commitment that I was going to show up every single day and look at the market and you know I had this goal of trading now the thing for me um during that time in my life was the initial commitment was committing just to a schedule of a of agree ageing to myself that I would wake up early and show up and watch the market now I know a lot of you guys that are on the west coast that's kind of a similar thing like do I really want to wake up at 5: in the morning I don't have to get up that early but here's what I'm telling you you could trade for a couple hours before you go to your regular job you easily could and lots of other people are doing it so you've got to Mo you got to be motivated and you have to motivate yourself and have the discipline to say I'm going to set my alarm I'm going to get up and I'm going to sit down now when I started doing that all those years ago I was sitting down and I was just pulling up websites like Yahoo finance and I don't know Google Finance maybe market watch and just trying to see like what we you know companies reporting about stocks I mean I was watching Kramer like I didn't know I I didn't know what to H how to learn about what to trade so that was a challenge by itself that that you don't have to face because now there are communities like what we have here at Warrior trading where you can sit down every single day and you're not trading on your own so I encourage you to join one of our memberships here at Warrior trading and if you join uh the warrior Pro special bundle you'll get a full year of access to my broadcast so when you make the commitment that I'm going to be focusing on learning how to trade in 2025 you're not doing it on your own I will be by your side every single day now some days I'll be on my laptop like I will be tomorrow but I show up rain or shine so and even when I'm sick I have a fever I trade even better so for the most part bearing you know something pretty extreme I'm here pretty much every single day and so you don't have to do this on your own uh and I think it's it's easy for beginner traders to say I noted someone said you know once I make $20,000 trading I'll buy your course and I thought that's interesting how are you going to make $220,000 trading if you don't have a strategy and you don't know what you're doing now look this sounds biased because you know and and it is to the extent that Warrior trading is this is what I do I love teaching I've been doing this for a long time I feel like it's a no-brainer and I think about how easy it is to lose $3,500 trading and how you might have very little to gain from it in terms of a lesson so $3,400 giving you a full year of access to my broadcast plus the curriculum you know yeah that that feels like a a pretty good um value but in any case um I think it's important to not say I will invest in learning once I've made money because I think that that's putting the um the cart ahead of the horse I I don't think that you can really expect to make money if you don't know yet how to trade so anyways just my two cents okay so uh so with that um I think I think my plan for tomorrow for the most part is going to be the same as it was um last Sunday coming into Monday which is that I don't have any stock that was super super strong on Friday that I'm like oh I'm definitely watching this coming into Monday morning um yeah there were some stocks that were strong but I don't have any that I'm feeling is a really good continuation setup so that means tomorrow morning bright and early 7: a.m. when I open my broadcast I start streaming what I'm going to be looking at is this high of day momentum scanner and the top Gainer scanner right here so I'm going to be looking for the stocks that are moving higher and you know my my thought is that we'll probably have a stock at the top of the scan it could be like intz that's up 300% that has already come out with breaking news and has already started to move granted it'll probably be on lighter volume as typically we have from 4:00 a.m. to 7: a.m. uh but that's what I'll be looking at to kind of find my my ground find my footing and the focus is trying to build a cushion so I'm going to try to be very clear uh during my broadcast to help you understand the the quality that I perceive of the setup I'm looking at there are some setups that are uh you know a quality and and others that are a little bit higher risk and I will trade across that spectrum of a quality and higher risk depending on where I'm at on the month on the year if I have a cushion and this and that and I'm in a place right now where I can take some risk so I've been taking some higher risk setups but I want to try to be clear about the first couple trades um are usually the ones that I focus on quality the most because my first order business each day is getting into the green so I'm going to look for trades that I feel like have you know I feel like 90% conviction in that I really like the setup and I really think that the setup is going to work so those first couple trades each day are usually um really important for me to help help me build my cushion and then once I have a cushion on the day that's when I can afford to take a little bit more risk but even as the day goes on there will be trades that I take that are like okay this one's going to be a little risky maybe I'm trading against the macd maybe I'm trading below the vwap for a curl or a crossover or this is a setup that look macd is open the stock meets all five criteria of stock selection this is a really goodlook setup this is one that I feel really good about and those are ones that I'll be more aggressive on so I'm going to try extra hard to communicate that to you guys so you understand that um each day while I'm streaming while I'm trading and um I think that'll be helpful for those of you guys that are uh beginners because I think especially for beginners when you're trading in a simulator you want to practice trading a little bit of everything you want to gain that experience uh but at the same time it's it's helpful to be able to sort of take note of this is a little bit of a higher risk setup uh or this one is more of kind of like the bread and butter setup so that's kind of what I'm thinking um for Monday morning top gainers scan and then watching the small cap High day Momo scanner at the top and the bottom of the hour um looking for potential breaking news headlines now as I sit right now we've got two days left on the year and this has been a year that I didn't I didn't see it coming you know I'm sitting right now um I've taken a total of 5,389 Trades this year I'm sitting with just over 2 million dollar of trading profit it's the best year I've had you know since um 2021 it's certainly you know only half of what I made in 2020 or 2021 but what's interesting here is that the bulk of the profit came from the second half of the Year July August September October November December what happened in July well we did have the Roaring Kitty um meme get things going again he came back and uh kind of Juiced up the meme stocks with uh GameStop and a couple others and then Biden dropped out of the race in July and all of a sudden that threw chaos into the um you know election which some people thought was going to be the you know he would win reelection and then optimism came that Trump uh had a lead and was going to win and d da and so all of a sudden that played into the market and October was phenomenal November super good and December currently sitting at 525,000 on the month so you know I mean this is the thing where it gets kind of crazy if I just the last 90 days you know these months have been averaging 400 400,000 so you stretch that over the course of the year and we're back to $5 million years four5 million years so I think that there's a lot of traders that are coming back into the market right now that are getting excited um they remember how strong the market was during 2020 which was um you know the end of the Trump um presidency and then you know of course but the pandemic was going on and now the market is just on this tear and so I'm really excited for the next three months ahead and my goal is to build a cushion on the year uh and certainly on the month to January and then with that cushion take a little bit of risk and see if you know I can have six more months you know with this kind of performance because all of a sudden that's going to you know send 2025 you know right back up into these higher levels so I think that that's not unrealistic right now um you know again I mean time will tell I've got to just trade the market I'm in I I I'm going to be optimistic I'd love to see a really strong Market but there are some wild cards in there too we don't know what's going to happen with the tariffs uh you know there's there's a lot of wild cards so we'll just have to see what happens but right now I have every reason to feel confident going into January um we're on a really nice hot streak here even if January was a little slower than December would be fine but I think there's a good chance it'll be better and that's because of the fact that December has been a month with uh basically you know it's two holiday weeks and it's still just super super strong so looking at the month of December here um let's see we've got just two days left of course but uh you know these months these weeks have just been on fire so did have one six figure day for uh December but only one uh the rest of the days were strong days uh but you know for the most part but anyway so sitting in really good shape here on the month and you know I'd be curious where Traders are are at who have been trading for you know six seven years or whatever um you know the pre pandemic period uh lighter volume markets profitable but nothing you know nothing like making millions in one year just debt generally six figure trading and then all of a sudden two years of the pandemic exploding profit but what happened for a lot of people is 2022 and 2023 were red years for a lot of people those are red years and some of them have left the market they're like that's it I'm done and they missed this rally in 2024 and this is why it's you know I'm here every day I I'm in the trenches I'm just chipping away small daily goals and I was beaten down during this spare Market I mean it wasn't fun to go from doing 5 million in one year to doing 300,000 two years later I mean this is less than I made in one good day in the hot market and I showed up every single day in all of 2023 to make less than I made in one good day at the hot Market that that is that's a tough pill to swallow and but what I know is that the the market goes in es and flows so I wasn't sure how how long we would be in this dry spell um and the election probably helped break that but um if kamla had win won I don't know if we would have had another four years of sort of I don't know you know but anyways um this is where we're at now so we've got this nice rally here so far in 2024 and I'm looking forward to 2025 and um and and just you know trying to focus keep my head down chipping away at the goals and then all of a sudden you look up and it's like wow it's a half million dollar a month that's insane so uh I'll I'll remind you guys as always of course you know this but my results are not typical I've been doing this for a long time and that's what's positioned me to be able to be um be able to capitalize as much as I have when the market gets hot so the market gets hot and I'm here I'm I I know what to do and so I'm ready to step up and size up um I do have a couple interviews recently I published with some members um this is a story about Nick one of of our students who went from three years of Break Even trading to making his first $50,000 this year so that's a cool interview um I just uploaded this one yesterday have day Traders legally pay zero taxes uh this is true it's incredible um and I have on my profit from this year no income tax no income tax on that $2 million of trading profit this year zero so that is profit that's in my pocket which means a less tax efficient Trader would have to make you know 50% more $3 million maybe more 3.5 million to walk away net with the same amount of money because they're not as tax efficient um and then other interviews had an interview recently with um Josh College drop out a sixf figureure day trader his story is really interesting and then um Danny and Jess those are recent interviews here uh Danny Reveals His 350k strategy from starting at $10 a day goal to 350k and then how Jess scaled a small account to over $1.5 million in trading profits so you guys could check out some of those um now I have a lot of interviews I've done that are not on YouTube uh not all the people I've done interviews with want them published on YouTube so the interviews that are not on YouTube are accessible for warrior Pro members Okay so we've got a game plan for tomorrow we've taken a little bit of a look back and we've got two days left in the year it's not time to be a hero it's there's no point uh we're just coming to the end of the year so just finish up the the year try to get a couple basic days Monday Tuesday Market's closed Wednesday then we'll be back at it January 2nd on Thursday so we have Thursday Friday we'll probably be light volume uh I definitely expect we're going to have lighter volume and then I think coming around on Monday that's when things are going to start to pick back up that's my expectation so I could be wrong but that's what I'm that's what I'm sort of expecting all right so um I want to thank you guys as always for tuning in I will be streaming tomorrow morning bright and early 7 a.m. uh and I'm looking forward to seeing you guys and for those you guys who have been on the fence thinking about whether or not to take the leap and become a member this is a great time to join new year new you and you're not doing it alone so would love to have you guys become Warrior Pro members and get 2025 off to a great start so make sure you check out our umal discounts we've got going on right now for the New Year all right so thanks as always for tuning in and a reminder trading is risky my results aren't typical and there's no guarantee you'll find success whether you trade on your own or you learn from me so please take it slow manage your risk and I'll see you guys back here bright and early tomorrow morning