Hot Market Trading: 4x Daily Goal with 4 Stocks Up 100%+ transcript

all right everyone well Monday morning went pretty much according to plan I'm sitting at four times my daily goal right now I at $ 225 250 over 100% in 10 minutes boom that was my first trade of the day with that I broke the ice I got green I hit my daily goal well within $300 of the $5,000 daily goal I'm up $4,700 on syta and then I was ready for the next stock that came up so I was watching very closely top and the bottom of the hour for breaking news we had a couple more breaking news trades and boom next thing you know I'm up 10,000 15,000 20,000 in the green sitting here with a really nice day so this month of October is now I think officially my best month of the year and what's exciting is well we still have um over a week left I didn't import my trades from Friday yet so I was at 40,000 on Friday 20,000 here today so that was 10 so that's 230 240 $250,000 of profit on the month of October with more than a week left and the plan for tomorrow is going to be the exact same as the plan for today to watch stocks that have news now if we look at our scans right here we can see our leading percentage Gainer gnpx is up 213% second leading gapper bivi this one's up 10 was it 142% gr up 130% syta up 123% four stocks up over 100% yes this is Hot Market stuff this is what I like to see now I had to be careful today not to overstay my welcome cuz that was a m well I don't want to say it was a mistake but that's something I did on several days last week I pushed it you know look you have a nice big green day you try to get aggressive you try to scale up size up and gave back some profit so today I'm actually closing uh just under my high of day I crossed over 22,000 I gave back 600 on drug whatever not a big deal but that was um that was actually the only I mean the only stock I'm read on today uh but you know what let's go back to the first trade of the day and then we're also going to talk a little bit more uh kind of about how I'm going to be approaching the market uh in the coming days okay so first trade of the day we're going to go back here sat down at my computer at about 645 and gri was the first stock I traded it was the leading percentage Gainer at that time so coming into 7 a.m.

I was watching gri to see if we would continue higher because if you look at this chart coming into 7: a.m. first of all this one was strong Friday after hours it continued pre-market here Monday morning pushes up to A180 comes back down to $140 back up to A180 up to $2 right in here and coming right into the top of the hour at 7: a.m. I was watching it in this area so what I ended up doing at 7: a.m. was this is 7 right here so see this kind of Spike of volume so I bought um a position right here at $2 and what I thought here maybe what happened is we hit about 225 just before 7: a.m. then we dipped down I was like I'm going to get in this at about $1.99 $2 and I'm looking for that rip back up so kind of a dip in a rip almost like a red to Green move at the 7 a.m. kind of when retail Traders come online moment um anyways that didn't work got out of it with $59 62 cents of profit okay is is it a home run no is it a base hit barely it's it's a break even trade all right so that's a break even trade first trade of the day on gri and then we had syta now syta initially when it first hit my scanners it was at about $118 and I said you know I'm not sure here's my problem first candle light volume second candle higher volume and it was red we hit a high of a122 and there were already sellers on the level two to $122 do25 so I thought if there's already sellers on this I don't think that's that's good so it did have fresh news T-Mobile to offer Sy ta's new mission critical over 5G cellular radios for First Responders BL so I'm like okay we've got a news Catalyst that's fine but I'm familiar with syta we've traded it before it's got some higher volume red days it's a stock that's been beating up for a long time the daily chart is not bad for a curl you've got reverse splits lots of room to the 200 moving average but it's a little cheaper you know I don't usually do as well when they're under $2 so when it first hits my scans I'm thinking I I don't know you know I'm not sure I said maybe over $125 not sure breaks $125 goes to $130 and there's more sellers so a little topping tail candle I'm like I don't know then it goes to $140 I'm like well now well now I kind of I don't know let's see what it does goes up to $150 I'm like gosh darn it breaks a150 and what I did here was I took my first trade at a152 as we broke over the psychological resistance of a $150 I said as long as it holds over $150 I'll get in here at 52 stop is 49 so got in with you know about a 3 Cent stop that was kind of my mental stop if it breaks below the half dollar I'm going to get out and it goes up to 65 and then um it pushes a little higher here up to 75 up to 80 and up all the way up to 223 so I took this um first trade here to $150 and then this was a micro pullback right there and then there was another little micro pull back right under $2 got a high of 220 so ended up locking up 4700 bucks on syta and that was in less than 10 minutes so now it's 10 7 and I've already hit my daily goal all right so if I hit my daily goal that early should I just walk away should I call it a day hey green is good I trade for 10 minutes no reason to overstay you're welcome no that's not what I like to do now as a beginner Trader I think it's really important to lock up your daily goal especially when you're in your first three months first six months of trading because you don't want to risk giving it back so you want to take your profit take it off the table live to trade another day for a seasoned Trader who knows how to capitalize on a hop Market when you hit your daily goal in 5 minutes 10 minutes that's a day when you've got the potential to 4X or even 10x your daily goal or higher and so although syta did push a little bit higher um I think I might have gotten one more trade on it but in any case um I was ready for the next stock and so syta did by the way end up giving us a little bit of a jack knife right here and then it sort of pulls back pops up high volume selling here at the open another little jack knife right here so I didn't take any trades on it um past the opening bell I said I just I don't want to overstay my welcome so that's syta um the next one let's see uh that I traded was it let's see it was probably is PC but let me just check um so I got all those trades on syta and then ispc yeah that was the next one so ispc um this one was kind of interesting when I was first sitting down looking at the scans I noticed it it was on the scanners it was gapping up a little bit and I thought okay kind of interesting you know it popped up after hours Friday popped up dropped down rips back up and then kind of closes here so I was like I don't know kind of weird um there was some news about on it but uh files to sell 1.2 million shares of common stock so I was like all right so you know we have news but you know this really that's not typically a strong Catalyst um so I was sort of you know I was like H I don't know not sure about this um but all of a sudden it starts hitting my scanners right so all of a sudden this thing rips up and it's tapping uh you know 550 580 590 $6 I pull it up I'm saying to myself 400,000 share float that's less than a million shares it obviously is still kind of continuation from Friday because it had this pop and and all this action so I jumped in starter position 611 got a partial fill adding at 617 and a partial fill trying to add at 618 all of a sudden it's hitting seven so now I add so this is the example that I gave you in the re or in the game plan uh yesterday where because of how quickly this went straight from 6 to 7 I didn't take profit when it hit 7 it goes to 750 and I'm adding at 734 and 750 now I'm just like I'm already up a dollar a share let's see if how high this thing wants to go so next thing you know it's printing $8 and it goes right through eight so I added $842 for the break of 850 it goes up to 850 it goes up to 890 and I actually took some profit at $912 the current the high on this candle right here was 921 um but I also added as high my highest ad on this was 8 it was actually $8.97 so I kept adding and then once it slowed down it came up to nine there was a seller so I tried take some profit and then in the next one minute candle it dropped all the way back down to a low of 535 now because I took my starter at six my cost basis was about 763 so from 763 to about 863 we get this flush and I had to stop out so I did make profit on the first trade but not not not as much as I thought I would I made much more as the day went on we just had this Spike and then all of a sudden it drops all the way back down I had to stop out and some of it I was stopping out for a loss so I was able to sell some Break Even some for small profit and some was a loss so first trade on this I made about $66,000 so now I'm up about 11,000 on the day and I'm like double the daily goal that's not bad now it rips back here up to nine it drops back down it rips back up again to a high of nine hits 928 right there so all of a sudden we get this you know really like nice range so in this area here like right in here you're getting a move from8 to n dollar a share candles right down here break a vwap 50 cents a share you know obviously the Bounce from there to there I mean there there were just so many opportunities on this to jump in and out and grab 40 cents 50 cents 60 cents a share so I did that a bunch of times took a bunch of trades on it at the open it dips down I was watching here for a possible trade but it didn't work came back down halted down and then that's been it so locked up 177,000 on ispc and you know what if this had had breaking news right here that could have gone to 122 or $14 just like some of the others from last week but it didn't have fresh breaking news so I jumped on the momentum I got a base hit and then got a couple more basically the equivalent of you know three or four base hits first move and then the second bounce and then this retest here of the high but it just wasn't quite able to really pull away and I think that's because it didn't have news so anyways that's all right you know got some trades on it no big deal next stock uh let's see so next stock after ispc uh was drug all right so drug this one you know Friday obviously makes this impressive move goes all the way up to $75 a share whatever it was this morning pre-market it pops up to 59 it pulls back it comes back up right here it pulls back I got in right there I got in$ 250 shares at $60 a share I then added another 200 shares so I had like 450 shares and I was looking for this move up to 65 and thinking you know if it just starts to pull away maybe we'll retest this level up here so that's kind of what I was looking for on it it didn't work stopped out lost a dollar a share I got back in lost 50 cents a share on the addback so I was like all right that's two losses on Dr ug drug I don't need to overstay my welcome I already knew this was going to be riskier which is why I only traded it with super small size but you know I thought maybe if it pulled away I could get a nice trade so anyways that was kind of the idea there and then the last trade of the day was on bii so bivi um this one's kind of interesting uh um so you know a move starts after hours Friday right so then pre-market we continue but coming into 7: a.m. we were already selling off and then there was profit taking at 7: a.m. and I sort of predicted this I thought that there'd be profit taking here because I thought anyone that held over the weekend hoping for a big gap up would take profit at 7: a.m. because that's when they're able to start trading if they're using a retail broker so then it kind of rallies up here and I'm not interested it's just too choppy and then it does this rip right here up to a halt over five now if you look at that on a 10-second chart what's kind of interesting here on this is that it had already attempted once and rejected came up again and then rejected up again rejected up again rejected so a couple of rejections and finally it holds over 450 goes to 460 goes up to 480 micro pullback right there and I I that would have been a good trade I mean I'm saying that obviously it's easy to say that in Hind but that would have been a nice trade these are both micro pullbacks and this goes into a halt then on resumption it opens a little low dips for a second and rips up um all the way to 620 and then pushes a little higher so a couple of you know really kind of nice nice moves right there then it pulls back pushes a little higher up to 750 I bought um I did a dip trade on it and I did a dip down here uh and the reason I did that was because I noticed a 40,000 share Buy sitting on the bid um 40,000 shares on the bid and I thought you know that's a pretty big buy order so I got in and it did pop up a teeny bit but not as much as I thought it would so it came back down that buy order was still there someone sold a shares to that buyer and then there were more buyers at six another 40,000 another 40,000 at like 580 and the they got sold into as well so someone bought a lot of shares of this probably at least 100 50,000 and I don't know if it's like is this going to do the next is this going to be the next drug I was kind of wondering if this would so I was like well I'll keep it on watch but you know the thing for me is that um we're getting a little bit further into the morning um we're not at the high of day so you know it's just it's getting a little riskier um you know it's and it's it's pretty crowded also it so trying to read the tape on it is difficult because it's so th Ally traded it's just there's a lot of hidden buyers a lot of hidden sellers 83 million shares of volume you know it's just it's going to be a little tricky in here so I like the idea but also you do have the 200 moving average up here at 876 and look last week uh I had several days where I gave back 20% off the top so today I'm pretty much walking away at the top 21,000 that's a really solid day that's a really solid start to the week so now I've got my cushion on the day I've got my cushion on the week in fact I've already beaten my weekly goal which is 15,000 a week so 15,000 a week 60,000 a month you know 72,000 $720,000 a year approximately and this year I'm already over a million dollars so I'm ahead of it but I'm keeping my goal pretty much the same because it feels good just to break the goal I could set the bar higher but then if I come up short I feel disappointed so right now I'm just keeping my goal the same 5,000 a day you know if I can and 15,000 a week week is the daily goal times three I figure I'll have one red day each week and you know that cancels out one one green day so weekly goal is a daily goal times three and yeah right now I'm just going to keep chipping away and see how good of a month October can be I didn't see this coming but now that it's picked up I I know that the stocks I'm going to do the best on are stocks that have the potential to go up5 to10 per share so that's not impossible on bivi if it breaks through the high and holds that level that we could get a move up towards 12 or something like that the way we did on drug so I don't want to write it off completely this one's still on watch it's still a maybe float is similar as drug 4 million shares for both of them you know it's a biotech stock so you know we've got some sort of similar things going for us here uh but shorts might not let themselves get caught the way they did on drug so for that reason I don't know that it's going to happen 200 moving average being a resistance point and just me not wanting to get back profit is probably enough for me not to take any more trades on it but you know again we'll we'll see if it really starts to pull away but generally the areas where I tend to be most likely to catch a five to 10 point move is as soon as a stock comes out with breaking news so yes that can happen after hours so I could stick around today for an after hours trade but I generally find that after hours it's harder to get in and out there's just not as much liquidity not as many people are trading that time of day so I don't think I should stick around and try to do after hours I also know I'm easily triggered because if I have a great day like this and then you know I sit with $21,000 of profit for six hours and then I come back at 4:00 and take a trade and lose half of it there's a much greater sense of loss having had this for as long as I had and then losing it than if I just lost it like right now and walked away so I don't want to get triggered I think it's better this today to start the week with you know just some some solid trades like I already did and and and not overstay my welcome but yeah so I think the next best chance for me will be pre-market tomorrow uh breaking news 7:00 a.m. 7:30 8 8:39 you know sometimes we get breaking news at 7:15 or 7:45 8:15 8:45 I mean you know occasionally it's at random times but breaking news spikes un stocks with floats of under 5 million shares um is what I'm going to be focusing on and certainly a stock with a lower float I'll pay more attention to because that's where we could get potentially a more explosive move especially if it's in the right sector it's got a good daily chart and the News catalyst is strong so I think that's where my winners are going to come from um so I'm I'm going to try to focus on saving my energy to take those trades with bigger size and not get caught up kind of over over trading stuff that doesn't have the potential to give me that kind of winner so that's my thought right now going into um you know tomorrow again I'm I'm thrilled to see this type of momentum in the market today is you know $21,000 day which would be the best day of the month you know if it weren't for those three days on um Wednesday Thursday and Friday which were 135 and 40,000 so if not for those three days today would be the best day of the month uh you know today's a little bit of a smaller Green Day versus the previous ones but usually the usually Mondays are a little slower because we're kind of getting our bearings and sort of adjusting and figuring out okay what's going to be strong and you know how are Traders feeling what's sentiment like and everything else um September I was up 81,000 biggest Green Day was looks like 11,000 so you know then we go back to August and August was a great month um 171 ,000 in profit biggest single Green Day 30 grand that's a nice day another one of 24,000 those happen to also be Mondays um so a couple nice days in August and then July two $40,000 days those two days right there and the $22,000 day so you know when it when it's hot these Winners Get clustered together and right now I feel like we're in a little bit of a hot streak and I want to keep my confidence and I want to kind of keep myself like at the top of my my game so I can come in tomorrow and you know take another strong trade and just keep kind of adding to this profit so I don't want to overtrade don't want to get back Profit just want to focus on the highest quality setups the highest quality stocks with the best quality setups but right now I think that's the biggest thing for managing risk is the quality of the stock and naturally stocks with news are going to be better than stocks that don't have news so I mean I generally feel that way we may see some without news that make big moves and I'll probably trade them if they're really volatile but I'm going to feel more confident if the stock has news so that's the game plan I hope you guys had a great day if you did let me know in the comments how you did if everything I'm sharing with you is helpful is interesting I hope you hit that thumbs up I hope you subscribe to the channel if you want to join me for the next two weeks you can watch over my shoulder you can use the same scanners that I'm using the same charts the same news feed and you know you can see what it's like to be part of this community it's it's a very interesting time in the Market cuz we've got this kind of height in volatility and momentum so it' be a great time for you guys to watch over my shoulder for a little bit so uh check out that two we trial link will be posted in the comments and in the description and I'll see you bright and early tomorrow morning I'll be streaming by 7: a.m. all right I'll see you in the morning reminder as always trading is risky my results aren't typical so manage your risk take it slow and always practice in a simulator before you put real money on the line