Transcript for:
Swing-kaupan periaatteet

I'm gonna show you we're gonna do a swing trading School in about 10 minutes I'm gonna go through a little bit about my scans I'll show you some good setups I'm gonna I'm thinking about doing a swing trading school like pretty much every day yeah average daily range no not true range daily range we're gonna go through it later about 10 minutes guys ignore Costco there's you know what just don't talk about it there's nothing there it's 1.5 ADR no reason to trade something like this a codex could go it's already went it stopped like what it's up 14 it already went can yeah it's a Bitcoin related name it's uh it's too thin for me but yeah can is a good one good one you get five stars this is a good setup very very good setup hot sector it had a big move of the lows went up 60 pulled back found support on these 10 and 20 day moving averages and now it's been going sideways for the past two weeks and building higher lows you see this it's building higher lows and now it had a range break here and it's a hot sector it's a crypto related name it's the Chinese Bitcoin miner whatever it is this is a five star this is a great swing trading setup okay let's start let's start the swing trading school right now this is the type of setup you want to look for this looks exactly like jumia when I bought it I bought it on this day here can looks exactly like it okay now I'm not gonna say can is gonna double from here in the next couple of weeks but it's a very good setup and I'm gonna introduce you to another concept which is average true range you can see down here in my charts you can get it by doing ad plot average to range and then you just pretty much just size it down so you can only see this number and I also change the color to blacks I just want to see the number I don't I don't want to see it short so that is the 80 average to range that's pretty much that's the intraday range it doesn't account for gaps it's 27 cents okay and right now the stock is up 37 cents so it's up more than the average daily range which means you know it's a bit maybe a bit late to buy it here I usually don't buy the stock if it's up more on the day than its average to range preferably you want to get get get in when the stock is only up point you know a third or half or two thirds of its average true range so this one I you know I wouldn't maybe buy it here um you know this is another one you know you kind of have to be you know scammed for these you gotta be on top of this right out of the gate when the Market opens but it's a five-star setup that's my point it looks exactly like jumia well ADR also includes the gaps average daily range it also includes the gaps so if I while the average two range doesn't like for example this can it also gapped up let's see how much did it Gap up 250 was Friday's close and it opened at 262. so it capped up 12 cents so you have to add that also to here so or actually you you don't have to but but you know it's up it's up quite a bit from Friday's close ideal entry would have been in like mid 270s High two seven this is something or you wait for a little bit of a pullback so that's a good setup five-star setup if you if you scan for it and fight it on your scans and it's in one of the hottest sectors too Bitcoin ethereum all of these things are just starting to break out from multi-year bases nio nio uh no well um I mean yeah I mean look it looks decent it has to take out highs for the day it has to take out this 13 area or at least today size right now it looks like maybe getting rejected of the 20-day moving average here but if it reclaims you know it could go one of the hottest sectors shine I thought guys let's just put takers not the name of the company yeah Beijing um not my type of setup no I I wouldn't not my type of setup and right now it's a bit late to buy it anyways um you see kind of undercut the 20 day and then it just you know I see it like the the principle is correct like it has a big move pulls back puts in some tight candles and then kind of takes out that range uh but not personally my type of setup and with ta um it's yeah it's a hot sector made a big it's just a shoppie one I don't know it's maybe a three star setup at best I would say avoid um I would say avoid on this one that's what you know look let's let's do a scale look what I'm gonna do I'm gonna be quiet for a few minutes I need to check up on my own trades right now we'll continue the swing trading school in two minutes Tesla I'm slicing down if it takes out highs to the day foreign oh [ __ ] Workhorse went oh I wanted to buy another 50 000 shares looks like that's not gonna happen now this is the one I took a 200 000 loss on on Thursday I had to 150 000 shares twice got stopped out both times and now it looks like it's gonna go and I only have a hundred thousand shares I love it trading is so easy saying with the biggest sarcasm Okay so let's see here I'm gonna do one more little scan plug oh plug actually found support on the rising 50 day and now it's bouncing there you go wow wrong looks like a good setup for tomorrow crsp looks like a decent setup thin little bit thin for me but looks like a decent setup but I'm gonna go through the basics of just I'm gonna show you just a very simple swing trading method very simple there is no reason why it could can't double your account year in year out and in a very good Market more than double your account just you know with it's just one simple trading method very simple very basic I'm gonna go I'm gonna show the just the setups I mean uh the setups I traded this way so for example C like this is a recent buy from Thursday so what you want to see is you have a big move and then you start seeing this you know it's like consolidating find support on these moving averages usually it's a 10 20 or 50. it's a bit this is a little bit slower one lately it found support on the 50 built higher lows went to New highs pulled back put in a tight range okay this is what I saw on Thursday I bought it right here like 68. I actually bought it like the day before but I got stopped out and now so far it hasn't had any follow-through yet but this thing would very easily go to 80. so what you what you can do is you can sell like a half after three to five days you sell half and then you use the 10-day moving average as a trailing stop then you move you stop to break even and use the 10-day moving average as your trailing stop like if it closes below the 10 day you sell it I'm gonna shoot tdoc uh well this is not a good example either because it hasn't really gone yet I bought it on Thursday on this day here obviously um I'm gonna show you guys Okay so Thursday where did I buy it it reported earnings on this day uh so again a big big move it's a momentum leader right it finds support on this 20-day 50-day moving average it keeps surfing these moving averages and the last time it pulled back it found support on a 20-day built higher lows and then it broke higher in earnings and I bought it let's see what's my average 225 220 what is it two high 225s here's my entry 225 80s and then you use kind of usual I use the low of the day as my stop [Music] um but since this thing opened actually gapped down below previous days lows I used like if it went like red to green or green to red as my stop and right now my stop is 219 low 290s okay vir another one I'm in I bought it here hot sector this is a little bit of an other type of setup because it's not the up a lot lately like it's more in a bigger base right you have a big base here yeah but this is where I bought it uh low so today I stopped and you know it's been grinding higher it's um surfing the 20-day moving average you can clearly see this yellow line surfing the 20-day if it closes below that I'm out right now it's holding it very well it tried to undercut a couple of times but close the bulb and looks like it's caring for another move and it's actually right here it's a good setup like if this thing starts breaking out tomorrow you guys need to be on this thing this thing could go to 60 plus if it starts breaking this like mid 40 mid High 48 area low 49s tomorrow you got to be on it avlr another one both recently uh Wednesday I think right here look at where it found support per bounce perfectly of the 50 day and here it also had a pretty decent setup that I have passed on uh when it you know found support on the 20 day every single time built higher lows and then it start broke out of this range with higher lows with higher volume that one was very good and you could have sold half after three to five days either on this day here or here and then you use the 10 day as your trailing stop and you would have gotten stop the rest on this day here gbts is another type of trade so let's ignore that one see yes it's another type of trade so I'm gonna ignore that one uh because I'm not just showing you one specific type of setups here d-dog I was already in the trade but this is a five-star setup I didn't buy it because I was already in it but another one had a big big move the big earnings winner but this is also something let's just ignore all fundamentals and all stuff that stuff all you need to focus on is you know the strongest stocks you have a big big move it serves the 10 day this is a very strong stock it serves the 10 day it did undercut it but it reclaimed that started building higher lows and then you have tight range and starts breaking out on higher volume and again you get to just use the 10-day moving average now it's gonna not gonna be perfect you're not gonna nail any tops or bottoms or stuff like that but you would have sold half somewhere here and then you would have sold the other half here on this day here the lake is also it lake is a similar also same type of trade like I bought it here unfortunately it closed back into the range in the range without stopping me out though higher lows hot sector it's a mask stock we have this range it's a momentum leader serves the 20-day keeps building higher lows getting Tighter and Tighter and right now you know it didn't break out yet but it looks like it wants to eventually Peloton this one still hurts looking at it I passed on this one but again on March Lowe's made a big move made a big movie doubled quickly of the March lows pulled back found support on a rising 20-day and then it got a bit tighter not it's a little bit more a subtle setup but uh you know I uh it looks pretty decent build higher lows and then it broke out on higher volume this is a few days before earnings that's why I passed on it and you know now it's higher and I re-bought it wait where did I re-buy it I mean it right now uh 6350 is my average which they did about yeah they stay here this is where I bought it this day I think it was last Monday you know it keeps finding support on a rising 20-day here it found support here here here and uh then it you know it's some okay it's not really that kind of um good setup like I'm trying to show you but you know it's been working so far this is more of a like fundamental story it showed my bunch of relative strength and stuff like that uh but I'm not gonna go much into it right now I'm gonna try to keep this uh swing trading school session short so you don't get bombarded with a lot of information I'm gonna do this daily uh let's see chew me as chew me was another one this one I've talked about a lot the past few days this is a five star chart yeah big move this thing goes up 230 percent and this is also like there's a fundamentals uh included or not actually it's like a pump stock a very influential pumper on Twitter is on this thing and well let's just say he's it's working out pretty nicely uh you know you need to memorize these setups look at where it found support like the strongest ones find support on a 10 day the strong ones the 20 day and the well slower ones on the 50 day generally Tesla like here's there's a lot of good setups on this one okay like there was uh like a more subtle setup somewhere here like this was let's just imagine like when the stock was up here like near the highest of the day like this candle looked really good now it happened to close week but it never took out the lows of the day so you wouldn't have gotten a stop that unfortunately I passed on this one but look at what I would have what would have happened if you had used the close below the 10 day this is why I all want you to guys to use the close of the 10 day as a trailing stop for at least like a third or maybe even half of your uh uh position because look at this thing look at the move it did without closing it below the 10-day moving average here it actually gapped down but reclaimed and here it closed above it the next state cap down but to immediately reclaimed and close above so you wouldn't have gotten stopped out this is why and you wouldn't have gotten stopped out until here this day here so you would you would have caught a hundred and well actually at the highest this thing was of 185 percent this is this is the logic behind the you know trailing with a 10-day moving average these home runs you catch few of these you're gonna make a lot of money and this is great without swing trading versus day trading you don't have to sit there and Scout for stupid small moves sit around your entry constantly look for new trades looking for new action you can just sit in it just have patience obviously it's easier said than done but there is a logic behind all of these things because they work and here here's another setup I traded more subtle one but of the March lows made a big move started surfing the 10 day then the 10 20 they got really tight and then on this stage here I bought it actually didn't break out of this range completely but I anticipated the breakout next day I think it was a Monday it gapped up I added more in the opening range size and then big move and I was long I I I did get shaken out when it closed below the 10 day here but I did re-buy on this day here so like if you remember I was slowing this whole move like here I was long here and then we added here and then it went up like another 27 in like overnight pretty much so you know you got to memorize these setups just a lot of money if you just you know there's there's you know if you're in Massachusetts this one setup you will never have to work a day in your life you gotta Be Your Own Boss and if you really get good you can make a lot of money there's no reason why you can't make many millions trading this just one setup TTD on Friday I bought it and all of those who were on the stream on Friday remember me buying this thing opening range highs 5 Star setup big big move pulls back finds support on the 20 days starts building higher lows has this range break and so far it hasn't had a lot of follow through but I think it can go to 500 plus Zoom today exact same setup big big move find support on the rising 20 then the rising 50 day like this thing keeps finding support on a 50 there like it did here here here and now here and this is a break additional reason why this thing can go to 300 eventually apt this one I bought here like this was more of an anticipation like this is another type of setup but let's focus on this one this was the secondary entry where I added another five star setup you have a big move off the lows pulls back those sideways gets tight finds support on a rising 20 day puts in narrow candles and then breaks out on high volume and it keeps keeps going still keeps going Sr any I bought it on Thursday actually I bought it here on this day too this one I messed up um I bought it here we had a big move this is like a hottest sector it's a covid-19 stock find some fun support on the rising 20 day started breaking out and look at the move and unfortunately I got shaken out here at six bucks I didn't follow my own rules the close below the 10th day I would have otherwise gotten stopped out here somewhere on this day here and then I re-bought now on Thursday on this day here and uh on Friday it made a huge move W another one I bought it here because this was showing this was one of the stocks with the biggest relative strengths um in the like meet July pull back like early meet July pullback we had in the markets this thing showed uh was one of the stocks that showed the best strength you barely pulled back it was back at all-time highs in no time and this thing is up 900 from the lows like you have a stock that's up 900 in a few months and the market weakness can't bring it down the stock is trying to tell you something it's yelling at you this stock was literally yelling in our faces hey I want to go higher if the Market's weakness stops I'm gonna go higher and that's exactly what happened we bought it on this day on stream opening range highs and now look at this thing I've been selling tiny pieces every single day and I think you know it goes where it has to go I'm I'm using the 10 day as my uh trailing 10-day stop that's my closing uh stop that's my uh um moving well trailing trailing stop man I don't even know what the hell I'm talking anymore I hate talking this is why I hate talking I don't even know what the hell I'm saying okay Billy another one this one I did buy here on this day here uh not this cleanness of setup but it it was it showed like super strength just riding the 10 day had one narrow range Scandal and then it broke out here boom I did get stopped out I think it was on this day somewhere here I got stopped out and then I got back in on Friday look at this thing it pulled back found support on their Rising 50-day putting narrow candles built higher lows and boom breakout on high volume this one I bought after the stream ended like a couple of hours in this training session and now today gapped up having nice follow through that's what leaders do leaders leaders lead Pinterest is another type of trade I'm gonna ignore this one for now Workhorse exactly the same logic big big move pull back from supporting a rising 20-day building higher lows and it has a big range break here it's actually the same logic and I'm I am long 100 000 shares currently I may add another 50 100 000 shares depending on how it acts later codex this one you guys remember it very correctly when I shake the shades I actually bought it initially here but I got stopped out on this day here uh I got shaken out I I had a little bit too tight of a stop but it actually found support on a rising 50 day look at this thing this thing always find support under 50 day right here here just keeps riding to keep surfing the 50 day these are all the only technical indicators you need the 10 day the 20 day and the 50-day moving averages you do not need anything else and you don't even need to look at intraday charts this is all you need this is all you need to make millions this is all you need literally nothing else you don't even need to look at the intraday shot you don't need to look at stupid level two [ __ ] level two [ __ ] Traditions it's all noise all you need and then I re-board on this day when it started re-breaking because if you have like a tight range and keeps surfing higher higher you know eventually the stocks break break either way and you know you gotta buy them when they break out and this one broke and this is the day I chase the shades those of you in the shop they remember it I'm not gonna go into it and now look at it now and Mara this one this was another type of trade wow it's back that high so today look at that I wouldn't be surprised if this thing goes to five six bucks absolutely not all right guys that was uh swing trading school I'm gonna do it like 10 15 20 minutes every day uh I've talked enough for today that was it you gotta memorize those setups tomorrow I'm gonna go through one of my scams I'm just too tired to talk right now oh [ __ ] try it I need to buy some or maybe I don't we'll see okay let's catch up on chat oh wow guys you really like to type stuff in chat when I when I'm talking yes I stream every day when the market is open what do I mean by hot sector a hot sector is when several stocks in a sector like let's say kobit right covid-19 Corona virus name like their coronavirus stock like there's so many stocks that have gone up 500 to 1000 plus percent in the past three four five months okay that's the hot sector right when you see a good setup on a stock in that sector you know there's a good chance it will follow through or like you know instead of you know buying some random stock in a random sector like versus buying a stock in a sector where nothing is running and only one stock is running right that's kind of sketchy why is this one stock running in a whole sector you want to be in the sectors where a lot of stocks are making big moves I'm breaking higher that that's that's what I mean by a hot sector how do I enter on this setup usually you buy it opening range highs like when it takes out the first one minute or five minute candle uh but you really don't even need to look at the intraday chart you really don't you just have to pay attention where when are they breaking the ranges that's just visually on the daily chart like nvax you know if it starts breaking that 150 you would see it on the daily shot 150 151 and then you have to pay attention to average two range okay it's the stock like sometimes they Gap up a little bit but you have to look at okay if I buy let's say the stock gets to like what is at 153 okay that's it Andy closed at 147 today and tomorrow it uh is at 153 intraday then you just look at okay it's up six bucks in today it's up six dollars but the average two range is 13.6 so it's up less than half of its average range that means you can buy it as long as the good setup is good and then you have a stop at loser today and then after three to five days you sell half move your stop to break even and just keep Trail on the 10-day moving average now this is I just want to show you this one this is also the reason why you should use the 10-day moving average we bought this thing on stream this is a five-star setup memorize this the hot sector covid-19 stock like a vaccine name right perfect five star setup as a big move pulls back finds support on a rising 20-day puts in a rat like a tight range and then breaks out on high volume we bought it unfortunately I sold it way too early I sold it in the like high 70s or something I didn't wait for it first close below the 10 day because you know I was up what 70 percent in just a week or two I like sometimes holding a big win there is the hardest thing to do and look at this thing after I sold it the stock doubled the stock doubled I had a hard time holding a 60 70 percent winner and after I sold it it doubled that's why I use and you would still be in it because it hasn't closed below the 10 day yet this is what happens sometimes like I have way too many things on my charts I'm thinking about removing stuff I actually removed one moving average like the 65 EMA on the daily chart I removed it um because you know sometimes you know you look at too many things you kind of focus you cannot lose focus on the important stuff and in this case it was the first close below the 10 day which still hasn't happened and you don't need to do any predictions like oh I have a distance that Target for it all you need to focus on you sell half or a third or two thirds or whatever whatever you feel like but I would say around half after the first three to five days move your stop to break even and then you just Trail on the 10-day moving average you don't need any predictions it doesn't matter what the FED says it doesn't matter what China does it doesn't work no matter what Trump says or does you don't need to care about any of those things only thing you need to care about is the 10-day moving average that's it no rocket science involved and position sizing is another thing okay depends on how big your account is like if you have a less than 100K I would say you shouldn't do more than you you can put maybe say all your money for stocks so you can put up to 25 to your account in any in one stock if you have a bigger account let's say a hundred to a couple of million 100 000 to a couple of million maybe you'll you should maybe put in to know more than let's say it's just 20 percent in any given stock so if you have less than 100K you can have four stocks if you have 100K to a couple of million you can have five stocks and be fully invested and if you have more than a few million you can you should probably have even smaller but I mean it depends I mean you can still do like 20 in any given stock um I personally like do smaller position nowadays unless I have really high conviction and the stock is liquid but you know that's something you will develop on your own like this is like super basic stuff I'm teaching so so you know if you're gonna be fully invested you shouldn't have more than four to five stocks in your portfolio no more than that and you shouldn't use margin if you have small accounts there's no need you're just gonna mess up and blow up well I can have 20 25 stocks in my portfolio right now at 24 stocks I'm heavily on marching but I also have three uh short positions and Tesla is a huge short position never mind I actually got stopped out of Tesla never mind I'm not sure Tesla anymore foreign it went back into range taking a 65 000 loss on what I have left I did lock in profits on Friday though but overall yeah it couldn't break out breakdown it had actually if you look at it now it had an undercut of the 20 day and now it's just reclaiming the range I mean maybe in a couple of days if it starts breaking out over this 1500 low 1500 area maybe we can finally get a move to 2000. that would be epic that would be epic this one couldn't break down because the market is super strong it should be relative strength on uh relative weakness on Friday but you know couldn't break down okay I don't really have time to answer all the questions there's a lot of questions let's see here a spice come on ADR no spice is not a good bite ADR is 1.3 if you really want to do the index trade USB Excel this one has ADR of four percent I I don't think spy it's just too slow I'm gonna go through more of scanning and stuff tomorrow like I'm not gonna do everything in one one trade in one day how much money uh well about 17 million more than most of you uh and yeah absolutely you put your no I always do uh uh stop market orders because if you don't get stopped on your limit order and the stock keeps tanking you know you kind of lose a shitload of money yeah the stream is gonna get uploaded uh both on Twitch and to YouTube so you have to just go back I started like 40 minutes ago with the short swing trading School so you can go back and look at it look at this feeling look at this thing from from Friday entry look at this thing I have to sell more it's straight up okay I'm gonna tap the stream now I'm getting tired in my in my throat uh thanks for uh joining and uh I'll see you tomorrow I'm gonna do another short or swing training school tomorrow show you more scans and stuff like that I think I'll start the short School in a couple of minutes since it's kind of kind of slow day like I I have the exposure I want and now it's just about trimming and trailing most things broke out like last week and yesterday and now it's just having to now it's all just sitting tight in those things and letting them work and not sell them too early like jumia gotta follow the cell rules Tesla is probably gonna stop yeah it doesn't feel like today is the day Lac finds found support on the rising 10 day yet again like this thing this I mean if the Robin Hood is find this pump oh man it's gonna go to 25 30. holy [ __ ] this thing is up I need to sell some I still have a third or or so on my shares or maybe a quarter I don't remember how many I had but I still have 50 000 shares I'll sell a couple of thousand here uh was there an entry on Shopify yesterday no that that wasn't the there's no setup this is just a random shockby range I'm gonna show you good setups on Shopify okay this one I didn't trade it um you have a big big boot this is the basic premise okay I'm gonna show you I'm gonna show you in like a black short this is the basic premise you have a strong stock makes a big move okay has to be like let's say it doesn't matter if this is a one month move or a three month move or a six month move doesn't matter the time frame but it has to be in the top one or two percent of the strongest stocks in that time frame and then what happens is they usually pull back right pulls back like this is the start of the Swing trading school okay so pay attention so and then you have a moving average usually like always can I do like curved lines uh I can't uh whatever so you have a moving average right this may be the 10 day the simple 10 SMA or the 20 SMA or the 50. the best ones are the 10 and 20 okay and then it gets tight uh where's the line here then it starts getting Tighter and Tighter goes sideways starts building higher lows okay and the move it's just surfing the moving average again the moving average is that usually the 10 20 or sometimes the 50 are you may mostly do the 10 and 20 mostly the 20 ones okay I'm gonna show you a couple of or actually several uh perfect examples which I traded myself and then they break out of this tight range and the best ones are the ones that show relative strength like the ones that can't break that that can't go lower even if the Market's overall like the indices overall are showing weakness and going lower and these things just you know they can't break lower or they may even be building higher lows so I'm gonna show you like a perfect perfect perfect one like this Shopify this is a perfect looking entry this is it had a big big move okay when sideways for a couple of weeks started building higher lows build a tight range and then it broke out okay this is a five-star setup another one I didn't trade that particular one but I did trade this one so it kept going so the first one it bounced off the 10-day looks like look at how it's surfing the 10 day okay then it has a sharp pullback because you know it gets extended even the best stocks pull back eventually find support on the rising 20 day start surfing the 20 they actually stays uh like it is below the 20 day but it's building higher lows okay has another range gets really tight and this is our enter the opening range Heights and the opening range size it could be the high so the first one minute candle the first five minute candle or the first 60 Minute candle and the six first 60 Minute candle is always uh actually a 30 minute candle since uh uh there's six and a half trading hours in a trading day okay we bought it on on stream on the for over the uh first one and five minute candles if I remember correctly where I think we got stopped out a first time and then then we report the first 60 Minute candle I think it was like high 700s or something and look at this this is a five-star setup look at this look at what it did keep surfing the 10 day pulls back search the 20 day for a while pulls back again finds support above the 50 day okay another example would be Tesla another one that uh that we traded here perfect perfect one that's a big big move find support on a rising 10 day again the strongest stocks find support on that Rising 10 day or if it's so early in the move and then it gets Tighter and Tighter builds higher lows starts surfing the 20-day moving average and here is an early breakout okay we kind of anticipated the range break it just looked so perfect and then the next day it gapped up and we added more on the opening range highs again it's the first one minute five minute and or the 60 Minute candle break Breakout you can use either one of them you usually want to get in as early as possible so you want to use the one and five but sometimes the fail rate on the one and five minute candles are a bit higher than on the 60 minutes so sometimes you make it stopped out then you have to re-buy higher yeah so but usually you want to get in as early as possible when you have like a five star setup and then it's just keptical and now look at this it made a huge move kept surfing on a 10-day pulled back now it's finding support on the 20 day and again you have a tight range and today uh I bought it I know several of you did too uh but looks looks like it's probably not gonna break out today it may stop us out but if it keeps building higher lows here find support on a 20-day you know it will break out eventually and maybe go to 2000 or something I don't know or it may not you know let let the stock tell you there's no reason to have any opinions about it this or that or blah blah you know you gotta you gotta wait for the price to tell you price is the only thing that pays not nothing else [Music] and there's there's just a lot of them like fastly this one had a perfect one a couple of months back here has a big move this one I think we bought an earnings at 30 bucks or high 29 yeah this one we bought on earnings yeah yeah uh but you know keeps build surfing the rising 10 day builds higher lows and then it kind of builds a little flag up here look at how tight it gets and then it breaks out look at what it did and you can use the 10 day you you can sell a third or half after the first three to five days just lock in some move your stop to break even and then you just use the 10-day moving average as your trailing stop and once it closes the first close below the 10 day you sell it so this here on this day would have gotten stopped out and this one broke out again last week and now it's on a new run it's just uh it's just how stocks act like Strong's this is what strong stocks do in uh in strong markets this is what momentum leaders do in the momentum markets and what is the momentum Market a momentum market is when the 10 and the 20-day moving averages like I use the NASDAQ for me the NASDAQ is the market I I moved like 90 of the stocks I trade our NASDAQ stocks I couldn't care less about S P 500 or New York Stock Exchange like for me the market is NASDAQ so when the 10 day is rising and the 20 days rising and when a 10 day is above the 20 day okay that's the momentum market like something like this okay you don't have to catch any lows after the market bottoms you just have to catch the meat in the middle this is a momentum Market okay I've had a huge strong I'm up over 200 percent in the past four months okay just this is not a good swing trading Market on a long side this you know if you get any breakouts when the 10-day moving average is sloping down when a 20 day is sloping down and 10 days below the 20 day there's a high fail rate okay you probably shouldn't trade swing trade on the long side this is a good swing trading Market very good this one you know these are can be a little bit tricky like this was a good period this was not a good period in just a sideways shop this was also incredibly good swing trading Market this wasn't that much I mean you can get select stocks that move higher and have nice breakouts and good follow through but the fail rate is just so much higher this was a good one so there are good and bad markets right now we are in an extremely good market like I said on Twitter like I wrote on Twitter I think I said it on stream too I've already made back that 1.5 million dollar loss from last week which state did I have it was let's see what date was the last so I lost almost 1.5 million shorting this code like on the 29th of July that was last Wednesday and today is Tuesday so in less than a week I made it all back that was almost uh like seven eight percent uh cut of my account and in less than a week you know or already at new highs pretty much that that's what happens in a good Market you know you can have so many [ __ ] ups and it will all be forgiven you know in a you know short amount of time again this is this is what late 2018 not a good swing trading Market you see this the 20 days sloping down during this whole move and the 10 day two the time they tried to turn up here and here but you know it failed and and you know there will be select good setups that may even work but the fail rate is just you know High and you will have you know you will struggle because you never know when the market is gonna get good again but you know there that's why you know you can use these guidelines and you'll just start seeing like there will be a lot of stocks setting up when a market starts getting good there will be a lot of good setups you will have like 20 30 good setups and you don't know which ones to buy okay but when a market is bad usually there will only be like a select few there just won't be very like some random setups here and there and as long as we keep going up and the 10-day slopes higher the 20-day slopes higher the 10 days above the 20 day you know and you you find a good setup you should trade you should trade the setup it doesn't matter you know like you know you gotta Trade It our job is to make money and in a specific uh like uh rule-based um like environment that's why it's so important to like be aware of these things and develop some rules that doesn't have to be anything complicated you don't have to use any rocket science you know just simple I think just some simple moving averages are good enough and there's no reason why you can't make hundred percent two hundred percent five hundred percent per year over a long period of time um okay that was today's short school I'm gonna keep it short I'm trying to introduce like one New Concept every day and look at the few new setups every day I'm just gonna show you like the perfect ones um let's see okay I'll get to questions what do you have written in in the chat is XP a good buy I don't know is it a good buy does it look like a good setup you tell me guys is it is this a good setup is this a good setup yeah I agree I don't think it's a good setup it was better uh last week when it put in this cat like this was a better setup not a five-star setup but you know it's it's a decent looking setup uh right here I I don't think it's good it needs to get a bit tighter yeah it's a bit too choppy and guys like why do you even mention something like this what do you guys see here like apt as someone mentioned it what what is oh apt well yeah that one is uh now it looks fine it's just surfing the 65 EMA on the 60 Minute chart on the daily chart it's a 10 day it looks fine as you know I'm using the 20 day as my stop on it and you know it's just in a Range it's not shooting the bed it's just in a Range nothing wrong with it if a stock is in a Range it's gonna go up it's gonna go down just because it has you know a down candle doesn't make it you know you know it's just in a range and you know where it as long as it's in a Range like ignore it nothing to worry about foreign let's see here yeah vcp like meter Vini all the successful Traders use the same like miravini is also like Dan Sanger and the Stock B and like I trade it's it's the same principle because see they work you find a strong stock that makes a big move and then it goes sideways for a while and gets really really tight okay and then it has the next leg higher okay it's the same setup like this is a Timeless setup like it's it's not gonna go away that's how stocks are gonna move for the next hundred years this is how stocks have moved in the past hundred years you can go back and look at stock shards from the 20s 30s 40s 50s 60s 70s 80s 90s 2000s it's the same exact patterns over and over and over again absolutely no rocket science involved all you have to do is use use some common sense just look at thousands thousands of different stocks preferably from like different decades okay you need to build a short pattern database in your head and preferably in some kind of like a real database too like you never know to just you know like a folder of screenshots or whatever that you can scroll through now and then just you know memorize those patterns it's all about pattern recognition uh what I think of William O'Neill's book how to make money in stock is probably one of the five best trading books ever written how did I start man yeah I had many mentors like I followed a lot of people on like yeah social media many of them were frauds but I didn't realize it at that time but it's all about you know figuring things out like taking things here taking things you know from different Traders from here and there and you know develop developing something that not only works but only but also works for you yeah like the setup like the stop on all of the uh low like this specific method is uh at the lows of the day but always at the lows for the day and if you missed yesterday short school you should look at it you can you can check it out either on YouTube or on Twitch I started with about five six thousand seven thousand I blew up three times in the first two two years how do you sit out the bad Market uh well I'm I'm a little bit of an addict I do over trade in bad markets I tend to trade even though I shouldn't I know about it but I usually do very small size because I know I'm over trading and I shouldn't be trading but ideally shouldn't like trade in a bad Market but sometimes you know you see something really good you just can't you just can't help yourself you gotta take it and then it kind of you know stops you out because the market is [ __ ] yeah I'm gonna I think I'm gonna show you my scans tomorrow I'm getting tired I'm probably gonna help this stream but I'm gonna show you something new like every day like one New Concept or scan or you know something my these swing trading schools are totally unplanned unprepared I'm just you know winging it so there they may not be a real very uh like um uh with structured oh and TX yeah omtx is a good setup like for those who have very small accounts this is a very good setup needs if it starts breaking that one teens High one teens on one volume you know this thing could have you know this is a kind of setup where you can risk like I don't know five eight cents to make 50 cents a dollar absolutely alt uh yeah it looks pretty decent yeah it's serving the 20-day big momentum stock this is the hottest sector out there covid-19 vaccines this is probably yeah probably the the hottest sector out there this one I'll I'll wait how liquid is it not very liquid I may trade it if it does a good setup in the coming days um what did nvax do nvx okay so far not having much breakout from yesterday like you know it it's getting really extended um it had several good setups on the way and you know sooner you know these things you know no stock goes up forever sooner or later just gonna start failing and then pull back what are my strategies in a bear Market I'm doing more meaner version trades like uh mean aversion long smear version shorts but you know like in a down training market like there's just not as many opportunities like the best long and short opportunities is when the markets are strong and going higher and a lot of big rounders that's when you get the best uh shorting opportunities also not only longs can you show us your only fans premium content tomorrow uh no I'm not gonna show you you gotta subscribe you gotta pay you gotta pay for my free non-x6 non-existing uh only fans account uavs um you know what yeah it's actually looking pretty good like if it takes out high so the days later it's actually a really good this is a five-star setup this is a good one I like it do you think for me to trade but yeah this is a really good one this is a good one guys you have a big move tool back find support on the rising 20 day and then you have this tie tight range and it gapped up so far it sold off the Gap but if it starts taking out highs to the day and it doesn't even have to take out the highs of the day like if it closes really strong like if it closes in like 305 310 something like that that could be an entry also and then you use the lows of the day as you stop uh so you either have to wait for it to take out the house of the day or if it closes like I don't know 310 or something like just a few pennies below the ice of the day that could also be an entry uh but right now you know right now it looks kind of weak but rejected on the Vive app so you know right now it's all about waiting oh Tesla stopped me out test I'm out Tesla maybe try it again tomorrow if it uh retests uh that range I took a let's I took uh 58 000 loss on it on 2600 shares I'll re I'll retry it tomorrow so fastly actually almost took out the house of the day after its big weakness out of the gate code that Kodak going sideways there may be another ad spot here like it's getting really tight I I strongly feel this thing could go to 20. potentially I don't know you know what I bought another 50 000 shares here I bought another 50k shares we'll see either it works or doesn't or no I didn't get feel on all of them I bought like 32 000 shares yeah I'm canceling my buy order that 32 is enough the 32 000 share ad yeah there's a lot of things like there's a lot of Concepts um like you need to check my videos on the team tweet like I talk about a lot of them there but I'm gonna go through like one new thing every day this agq looks pretty decent it's a silver Tripoli death oh chew me are you [ __ ] kidding me well you know what can I say I'm I'm an early seller pulmonary seller all you have to do is wait for the first close below the 10-day moving average on your last like half or third or quarter of your shares all you have to do and it's just so hard it's just it's right now it's in this market we've had it's my biggest weakness it's just letting things really like ride it out like extended stocks get more extended I've had so many stocks the past three four months I've you know I've taken a 50 100 profit and then they go up another 50 100 sometimes in a few days it's just incredible how many times it happened foreign foreign Overstock um one second you know I don't know you know it's gonna pull back eventually this thing is up three thousand two hundred percent from the March lows like there's gonna be a big pullback um right now I just don't see it just keeps building higher lows on the 60 Minute chart look at how it's riding the 10 and 20 EMAs you know as long as these things are acting as support there is no short there like it either needs to get below the 10 10 and 20 EMAs and you know these things need to start act as um resistance or if it goes like really parabolic it goes to like 110 120 plus unless any of those scenarios happen I don't see um a short in there man the silver trade is getting uh oh I need to I need to get some exposure I miss the heq trade it's getting really tight like chainog is another ET look at this thing um you know pretty much the same setup I'm showing you this is a triple Gold Miner ETF uh but it's the same principle you have a big move it gets go sideways find support uh I'm not gonna buy it I just uh I just don't have much buying power left I'm just super heavily long on a bunch of stuff oh dphc took out high so today I need to sell a little bit more and look at that a lot of these stocks absorb the morning weakness made how big built higher lows on the 60 Minute chart anymore like for those of you are new like this list here in the lower right corner these are my positions so if you don't see the stock in this list I'm not in it and you don't need to ask me about it if I'm in it like ttd2 look at this found support on the rising oh actually that was yesterday the late day no it was today wait wait wait wait where's it yeah today had a week open like went red bounced on the rising 10 day and reclaimed and now it's at new highs codex 2. like a lot of them Mara too look at this thing this was down in the two low 290s when I said it looked like it found support and a rising 20 EMA and look at it now it's about to go green you know when you're swing to it you you can't just freak out anytime a stock is having a downtick the whole point of Swing trading is giving the stocks room to move okay you know in day trading you're always like near your entry right you're always fighting there you're entering swing trading you just gotta let things you know work out and sometimes you cannot get big swings uh you know without the stock stopping you out and it sucks it looks scary like you look at the piano oh there goes my p l but it's all about having a specific process okay I got stopped out of the code I could add whatever to get like what 50 Cent loss on it or so yeah I took a fourteen thousand dollar loss on that ad uh I guess it was a little bit of boredom Trading a lot of these silver and gold stocks look really good um like this pause looks pretty decent I wouldn't like if you like there is I think there will be a trade in a silver and gold like I think there's a trade there today but I would I would recommend you guys to one of the ETFs like heq like execute entries don't do this one the entry it's gone like the M2 was in the low like 51 area no higher than 51.50 now it's like almost 54. but this chain nug and nugget they still like I don't know no never mind they don't look that good yeah of course I don't know no I don't do it don't do it my point is it's better to do one of these triple ETF versus the individual stocks but a lot of them look pretty decent like GFI had a big big linear move look at how nicely just surfing the 10-day moving average and now it found support here like if a little bit more sideways let the 20-day catch up and you know the secondary breakup is gonna be great I think that's back in the range and you know just look at the type range it's been in this mid 140s mid High 140s and the low uh very low 1500s or low mid 1500s like I mean like once it resolved this range like either on the upside or in downside it's gonna have a 300 to 500 Point move any any direction it breaks out or breaks down this thing could go to like 1800 2000 or higher or it could go to like 1200 or a thousand or or lower in the next couple of weeks after the breakout to break down like it's got there's gonna be a huge move on this thing I personally hope it goes to 2000 plus foreign but you know either way it breaks I'm gonna trade it I'll be there I'm gonna be there with size is now going I'm gonna raise my stop a little bit to like mid 23s Lake I bought it on this day here when it just broke this tight range like apt had already went that apt broke out a few weeks and even a few months earlier so apt was all in an uptrend and this is a mask stock they both are masked you United American mask makers so I bought it on this day here it closed oh my cat is walking on a keyboard I'm sorry for this so I bought it on this day here it closed inside the range but it didn't stop me out and what it started doing is uh like it stayed inside of this range so I built higher lows I was getting I was very close to getting getting stopped out on this day here I was just literally a few pennies away and now it's breaking out and this thing could go to I don't know 30 40 50. I don't know this is I know I'm selling some into strength and I'm gonna use the 10 day like the first close below the 10 day this this this time I promise I'm gonna do it no matter how extended the stock gets I'm gonna wait for the close below the 10-day moving average no excuses how do you draw a trend line in tc2000 what what to watch Friendly you click this button here or you left click draw a line and then then you push the space bar twice then you will get the same kind of line it's a bit quicker that's how you draw a trend line in tc2000 yeah yeah I use the extended hours you know sometimes you know when when a leak when I stop you know stops you out in after hours a pre-market and there is you know volume you can you can you can actually sell it you gotta sell it yeah I I the biggest concept I took from Dan Shapiro are like the 60 Minute candles and ranges like that's that's the big thing I took from Township here I was in his room for like four years I learned a lot from him guys there's so many uh people in shaft now like I I can't like answer everyone there's just too many people writing um uh all right okay guys I'm gonna cut the stream now I'm getting a bit tired of talking uh thanks for joining and also all right let's do a short School a lot of short School swing trading School uh so yesterday we went through my current positions and the good setups that have been on those stocks in the past four or five months so I'm gonna just open up a simple scam let's just do past the biggest six-month gainers okay very simple scan so I use volume dollars 80 million dollars here it says what eight hundred thousand but it's in it's a it meets 80 million you have to add two or three zeros so this is 80 million dollar volume okay average daily range this is the code I'm not just putting it here for now but also I'm gonna put it on my blog or in my uh about page mm-hmm all right uh anyway I'm price growth six months the past 126 days it needs to be in the top seven percent of performers after applying to after applying these two like volume and the volatility criteria then we do a scan like like now it's near the open so there's not a lot of stocks in this scan like after it closes it's gonna be like 40 50 stocks in this scam let's just start with carvana so I'm gonna show you good setups I can see five two five star setups right right right now one is here okay you have a big big move okay look at how he keeps surfing the 20 day and then it just keeps getting tighter look at how tight it gets as it serves the 20 day and then it has a high volume breakout okay on this stay here like this thing needs to be on your watch list once it gets starts getting tight okay you need to be able to identify the setup here this is where you need to be able to identify the setup and when the next day when a Market opens you gotta be ready as soon it starts breaking out that's when you buy it okay and another good setup this is not a five star this is maybe three and a half star is this one here right here another good setup keep surfing the 20 day builds higher lows and puts in a tight range I'm actually gonna switch to this view here because there's less noise you don't need to see you don't need to put any notes on here you don't need to do anything you just need to watch the price uh what scam did we use it was a six month Gainer scan yeah foreign Square oh now it's fading the Gap today okay so Square how did it have any good setups um lately uh let's go back here it had some really good setups like back in 2017. here is one this thing you know keeps writing the 50-day okay and here you know it builds a base starts breaking out makes a move and search the 10 day and then you get two really tight candles with higher lows and it breaks out that's a good setup here another really good setup this is just an insanely good setup like you need to go back and you need to take screenshots of these things you need to build a database thousands of stocks like if you don't study at least you know spend at least like 500 000 hours studying this one single setup it's just super simple it's not easy but it's simple but you still need to study this because hundreds hundreds of hours thousands of hours over the next few years that's how you master it that's how you will make millions tens of Millions with this one setup you can make tens of Millions like um like this could be like it's kinda breaking out of a little bit of a range of the 50-day you know building higher lows it's a little bit more of a subtle setup like there's obviously variations of this setup there's you gotta figure it out you know if you spend a thousand hours starting these setups you're gonna figure out these variations um here is another decent looking one like Square had the square had a bunch of this is another good setup bounce off the undercut and bounce of the 20-day caps up the next day this looks very similar to SC now this thing didn't this one didn't have that much follow through uh but like this that setup that last one looks very similar to scdg yesterday a couple of days ago you had this weak candle that reclaims the next day you have Gap up that's another one sometimes you know if you have a good looking setup and it gaps up on earnings or news even if it gaps up 5 10 15 it could work out really nicely I rarely buy stocks below the 50 day or I mean it depends it depends oh guys go to my about page it's all there my position sizing it's all there I've linked it like 10 times already people in the chat have linked it guys uh do I scale in for this method you don't need to scale in you can buy everything at the you can buy everything at once you don't need to worry about scaling in but we you need to scale out you sell a third or half for your position after three to five days and then you just straight trade I use the 10-day moving average as a trailing stop and then when the stock closes below the 10 day you sell the rest and since okay this is short school so I'll I'll uh instead referring to the about page I'm gonna say it anyway I'm gonna say you know talk about the position sizing like you shouldn't put more than 25 to your account in any given stock there's no point like that you get the best breakouts in a bull market in a bull market you will have hundreds of stocks that make big moves there's no point in putting more than 25 percent to your account in any given stock okay next uh stock Etsy several really good ones this is a five-star setup take a screenshot of this thing memorize this pattern you don't need to do anything other you don't need to know the earnings you don't need to know that what the sector this thing is in we really don't that's a five-star setup and then you had another really good setup like here uh or well actually was a better setup here higher lows you have a range surfing the 20 day and now look at it another one Fiverr I can immediately find a five-star setup right here I didn't trade it was too thin but I did recognize this setup I even put look at this Arrow I put this thing in my back watch list just to track it and look at this thing straight up and if you know you would have sold you would have bought it here either was sold half or a third on any of like on this day here on any of these two days three days after three to five days you sell a third or half and then you use the 10-day moving average as a trailing stop and the way you know it it here it kind of undercut the 10-day but it reclaimed they closed above and then you can move your stop here okay and once it goes below this area that's when you get stopped out so you know using that sell route those cell rules you would still be in the stock but this is something you will figure out once you look at thousands of stocks thousands of leading stocks big movers like this how they act around these moving averages and how how do you develop cell rules fastly another one this one I talked about yesterday so I'll ignore this one mRNA I'll just show you a five-star setup right out of the gate here it is I bought it this thing here unfortunately I didn't follow my own cell rules so I sold it on this day here and then look at what happened I I just thought you know I don't know why I sold it I just sold it I didn't trust it and then look at what it did here another five stars and there there was actually a good setup here too this was an even better setup you have this look at how tight it got and then you have this big range and here another five star setup boom look at this here's another good setup actually here is when I bought it it undercuts the 50-day reclaim starts building higher lows you have this big big range you have this breakout candle on higher volume and look at what happened made a big move and now it's flagging again this is also good setup it's building higher lows has a tight range like maybe tomorrow if this thing can close stronger than it is right now could be a good setup tomorrow what's bmtx doing oh now B and TX looks really weak it undercut the 20 day but this thing if this thing closes strong like exclusions inside of this range it could still be a setup for tomorrow let's look at another one w this thing had some good setups too uh somewhere a bit subtle um now this wasn't really a good setup even though it really worked sometimes you have this you know some setups such as you know too short but they work anyways uh here is a good setup this is a five-star setup it was stock that fights support during the 20 days starts building higher lows but it's in a tight range and then it has a breakout candle that's a five star setup here's another uh maybe not the Super setup maybe a three and a half star setup now in hindsight it worked but and this is one I bought last week this is this is when someone's told me hey I see your long w you should quit Trading oh it's kind of funny anyway I bought it here this one I also talked about yesterday on on the swing trading school so you already know about this one uh handbags I talked about yesterday livongo I think no leave one guy didn't talk about this one I've been trading several times this year I initially bought it on this day here when it guided higher but that's another setup maybe I'll start teaching that setup next year or something but let's just focus on this one simple breakout setup I'm trying to tell you to teach you this is like uh nah it's not really a obvious setup it did work but not a great setup this is a great setup I traded it unfortunately it stopped me out okay no follow-through stop me out then it found soup and not it bounced off the 20 day here it bounced off the 20 day here now let's see what happened look at this look at this and this this is a five-star setup I traded it look at this thing builds higher lows has this tight range and then it starts breaking higher that one I traded I bought it back had a huge move and then you get another five star setup right here it did close a bit weak but I did buy it right when it started breaking out it serves the 10 day higher lows tight range and breaks out look at this thing and I sold it somewhere here in the like uh low hundreds area because I thought it was getting extended I didn't think it was going to go up much more well I was wrong here we are it went to 150. yesterday another one Mara Mara and it's a little bit another type of trade I'll I'll ignore it vxrt this is a good setup okay this is something you need to identify the day before and then the next day it gaps up on some news okay you need to be on it you need to buy the opening range highs you can see you know this thing had huge volume out of the gate I bought this thing I had a big trade on it opening range size you buy it most of the days you stop and then you just you know sell it into strength sum at that three to five days and the first close below the 10 day which would be on this day here you get stopped out of the rest and vxrt has kind of a maybe set up today uh it doesn't really ah no it doesn't look that great never mind srne this thing has two really good this one I bought I I messed up the cell like I'm usually very good with entries but my I just many times I just don't follow my own cell rules and it kind of annoys me kind of pisses me off sometimes I unfortunately I sold it on this day here a six bucks I don't know why and then look at what it did but good thing is I re-bought it here this was I think it's Monday 8 29 I bought 150 000 shares if I remember correctly or 200 000 shares I don't remember but yeah and I'm still loan 40 000 shares uh Tesla this thing is setting up it's setting up same thing higher lows this one I talked about yesterday's I'm not going to talk about it today um twilio another one uh you have a big move it shops around for a bit goes sideways in a Sharpie range find support on the rising 20 day starts building a range tight range puts in a narrow candle and then it has a breakout on higher volume now obviously you can't most of the time you can't uh kind of determine like early in the day that it's gonna have higher volume so you just you know especially you're trading like liquid like mid and large cap stocks like they always have volume you don't need to worry about it and look at what it did and here another good setup really good setup look at this higher lows tight range bounces off the 20 day again builds higher lows and then it's a breakout candle boom Overstock this one I also talked about that if I remember correctly but this one had a good setup here not a five star but maybe a three and a half Four Star this is a five-star setup okay and this is also like a five-star setup okay all right so this was just one scan like I have many different scans for uh different time frames so this was the six month Gainer scam okay I also have like one month three months six months one year one and a half years two years and then like five day gainers and stuff like that too so you want the strongest stocks on any given time frame but as a shorter like you guys don't you can ignore the two-year and the one and a half year you only have to focus on a one month this is the formula for the one month wait what oh never mind here so that lows C Min l22 like uh the price gain from the lowest point the past 22 trading days 22 trading days that's one month okay that's the formula okay so you need this scan and then the ADR uh like I use 3.5 but most of you you should put it at five six percent and dollar volume uh I have 80 million here or actually it sets 800 000 but you can use maybe like I don't know it depends on your account size just do like 20 times 30 times your account size if you have a hundred thousand dollars in your account take that times 30. or 50. just let's just say 50. so you need to put like 5 million here here five million dollar volume so the one month you need that three months so the formula for this one is c mean low L uh 67 67 trading days that's three months and you also need the sixth month you don't need any of these others like the one year one and a half year two year you don't need those you can ignore those and this is the where is the six month one here's the sixth month the past the the lowest price point of the past 126 days okay and the rank 93 you can play around with the volume the average daily range and the and the rank you need to put a rank it needs to be like 90 plus 95 plus and you shouldn't get like after a market is closed if you get more than 50 results you need to tighten the criteria need to you uh increase the dollar volume and or the ADR and or the rank percentage rank like if you get more than say 50 in any 50 results in any of those scans you need to tighten up the criteria and then you put them all and then you just look for good setups and put them in a separate watch list all right they're not for short school today uh I don't like talking too much it's really tiring okay I'm gonna focus on my own trading for a while now lrm this thing is up let's see what's my average I have 12 000 shares 49 average so this thing is up four percent like what I personally do I I just sell like every three to five percent I sell a little bit uh but I'd suggest for you just ignore it no matter how much it goes up the first two one or two days just ignore it what you need to do is you need to sell a third to a half like you could do like this like you settle a third on day three which means on Friday you would sell a third and then you sell a third on day five like on Tuesday you would sell another third and then you Trail the rest with the 10-day moving average okay or you could do like like you sell a third oh or sorry you sell you sell half on day three four or five and then you Trail the rest Trail the second half you can play around with it like you know uh whatever works for you what about PayPal what about paper PayPal had a good setup here I mean what about it now and it's also a very slow name to trade PayPal if you want to make big money you gotta be in the fast moving stocks not the slow moving stocks that's just how it is the fast moving stocks not little slow moving stocks okay let's see if uavs announced offering oh wow it's still up though largest loss and win okay go to my about page it's all there yeah exactly thank you stock Daddy for uh for Kia linking a a ride and stock daddy thanks for linking the and also big tune thanks for linking the about page I really appreciate it it's really helpful thanks guys like I I get the same questions 10 times per day like in the twitch switch stream on Twitter on YouTube I just had to get that uh about page together man I wanted to do it for months but uh you know I've been I'm lazy so how do you spend your Morty mornings leading up to Market hours that's a really good question I'm gonna answer it on the about page that's a really good question I I got in it before but yeah that's a good question I'll put it on my uh about page how was your performance using momentum stocks prior to this massive bull run it was very good like breakouts like any type of you know breakout or momentum strategy use they're gonna work best obviously when the market is in a momentum mode and you know sometimes you have to be in cash for weeks and months on end when a market is not good and that's fine you know if you can sit down the period like this and then once a period like this comes around you're gonna double triple quadruple your accounts trust me on this one you don't need to trade all the time it's fine to sit in cash for months on end now it's easier said than done but generally what you want to see like NASDAQ is the you know the relevant index you don't need to look at anything other than NASDAQ okay this is like this is NASDAQ is where 90 of the stock side trade are in the NASDAQ okay so generally what you want to see is the 10-day sloping higher and the 20-day sloping higher or at least one of them needs to be sloping higher generally and the 10 day needs to be above the 20 day it's fine if it undercuts a little bit for a while um but you know that's a general rule so this has been a really good swing trading Market okay during this time there weren't many breakouts and those that were they failed uh there were a lot of breakdowns though but that's just another type of strategy you don't need to do any shorting this was also a really good Market I I more than doubled my accounts on this during this four month Bull Run uh this period was a little bit more challenging uh this was a decent period in even though it only lasted a few months this was a bit challenging because you know the market was down trending like the 10 days started sloping lower 20 days started sloping lower the 10 day was below the 20 day that's not a great swing trading environment and then this was just a shock B environment no trend and the 10 day 2020 day they were like mostly going sideways or or lower or sloping down and this was also an insanely good trading environment the first five months of 2019. and you know I can go back years and years so you you get this like every every year there's usually a three to six month period that's a bit challenging you won't you you will make very little or no money and that's fine and then you get these rounds that lasts for three to six months for double entry per your account you just have to wait for those periods okay you have to wait it out it's really making millions in trading it's really not about rocket science it's all about patience and discipline it really is you if you have more than 10 brain cells you can make a lot of money but what most people don't have is the patience The Temper just waiting and doing nothing most people want the fix including me they need to be doing something all the time yes I use the Platinum version of tc2000 do you think code but Kodak might be Supernova in a few sessions I don't think anything right now it's just going down oh you're it's sword and are you're recovering it from a motorcycle wreck holy [ __ ] that sucks good I I guess the good thing is you get uh you get time to um study setups like really like what you guys need to do you need to get these scans in order and then you just need to find these setups just just look at any stock that you know doubles or triples like quadruples or something and then you just look at how they act you need to use the 10 day the 20 day and the 50-day moving average like these are really the only indicators I like I personally feel I need uh like these are the main ones and you will see like every leading stock they will find support levels on the 10 20 and 15 day moving averages like these are as close to Magic as you can get okay it's almost like cheating it's a little bit like cheating okay and there's a reason I use this moving average because the leading stocks stocks that make big moves obey these lines they they've done it the past few years they did it 50 years ago they did it a hundred years ago how do I know because I've studied shorts from those periods there's no guesswork there's a reason for all of these things there's a reason for every indicator I use because they work how do I know they work because I've studied them going back many decades do I trade anything else than U.S stock CS I also trade the U.S ETFs gonna put that one also in the about uh trade zero or interactive brokers I don't I've never used trade zero trade zero is I guess better if you like short a lot uh but I I think interactive brokers is really good but I it doesn't really matter like you know you need to try them both and see which one works for you will you will you share yeah I'm gonna show you like later this week or maybe next week my Evernote database like I have tens of thousands of shards and setups with different you know strategies I'm gonna show you a little bit of it I've spent thousands of hours building it your tc2000 yeah you need to get a platform that does or you just you know need to get books that we where uh where that you know shows shorts and stuff have you answered considered using the five EMA uh not really because the 5 EMA is gonna stop you out of the big gainers five EMAs uh what is too fast what costs you four blow-ups uh lack of strategy lack of setups how did you get the watch list that's left side what do you mean this one I just created it I click here I click here I CL I I put the name on it I click ok then I get a watch list and I put it here this is like my daily back watch list I track all every every notable breakout breakdown I track them for a month like I let's see I it's 5th of August now uh my oldest back watch list is 6th of July we just go through it and look at what triggered that day uh actually yeah I already put the outlet I am I yeah I'm gonna put it yeah that's a good one for dear um I've already done that one I just haven't put it on the about page uh you can see it right here on the daily chart I used the simple moving averages on the 60 Minute chart I use exponential moving averages why because they work I did just work like it doesn't really even matter what type of what moving averages you use like I use these ones because I found they work really well on momentum stocks but you know you may find that some other moving average works better and that's fine like but you there's there needs to be a reason for it okay 6th of July I had this seabath at a random pop umrx at a random pop heavy iro had a random pop tiger yeah the China brokerage stocks broke out that day I remember that Mark had a random pop oh this is the day I lost a bunch of money on it I bought the breakout I didn't realize they had earnings after hours and I had to sell on a cap down Vapor had a random pop gin header yeah okay shine on him Soul had the random Pops that day mktx it's a slow very slow name but it kind of broke out of a nice pattern but had no follow through IMM you gapped up on some news oh I ammu I can show you two really good setups on this one three really good setups here this stay here you'll decide a big move on high volume on some biotech news gonna went higher pulled back the 10-day caught up and then it broke out on high volume it wasn't a very obvious setup actually you know the day before it looked like this it wasn't a very obvious setup but you know this was a better setup no wait where's the better set up here is a better setup well actually it's kind of extended but there was a setup here too it didn't have much follow through actually we would have lost money on it but this is a very good setup I had a big big movie what tripled or something quadrupled pulled back went sideways found support on the 50 it actually before the 50 day had a nice nice like range spray candle this is a very good setup and this is another pretty decent setup like it wasn't really tight going into it but sometimes you know the previous day can be loose if you have a nice range in the same here um you kind of have to look at the overall picture but you know if you study thousands of examples you're gonna figure these things out f is more we talked about earlier net nette had a good setup yesterday it's a very thin stock but this thing had a very good setup yesterday this is a five-star setup and today it gapped up a bunch and now it's actually took out yesterday's low so I don't know they have some news and they didn't like the news I guess uh okay Koopa Koopa five-star setup right here boom boom boom higher lows look at how it just keeps surfing the 20-day higher lows and then you have a little bit of a range it was a bit choppy uh but eventually it got Tighter and Tighter and broke out boom uh what's this this oh this thing got a big break down that TX um this one I'm stalking it's a little bit like it's getting super tight you can just clearly like look at this range like this thing wants to go higher you can always you can clearly see this is an earnings winner big big earnings they reported last week big guidance like this thing has fuel it's not something you guys have to focus on uh but I I like to trade the stocks with big earnings they tend to make the biggest boost but the only thing you really need to focus on is the momentum that's really only because all of the big uh earnings winners they're gonna have a momentum you're gonna catch them if you just focus on momentum so you don't really need to focus on everything else anything else I just I I I'll even switch to this tabs you don't see anything other than just the setup um what I was what was I trying to say I don't even remember work course this thing hasn't had really much follow through since I bought it but it is building higher lows I bought it two days ago when it broke the 17 area it it popped 15 16 really quickly pulled back and put in a higher low putting another higher low so so far it looks okay [Music] all right holy [ __ ] I'm getting really tired now I'm gonna I'm gonna do one more scam and uh these are these are my intraday scans you don't need to focus on any any of these you don't need any any internet scan so all you need to do is use the one month three month and six month uh momentum scans find setups you know you need to run them after you close find good setups put them in a watch list and then you just have to watch that watch list that's all you need to do to make millions and like I'm gonna write the step to step guide like obviously and you also have to be like aware the market conditions and stuff like that like I mean an uptrending Market or down training Market or like what are the market conditions right now they're very good like this the past four or five months has been the best swing training environment since the late 90s probably or maybe like a second and third quarter of 2009. that was also a really good period just going back and looking at shards like there was some insane moves back then apt uh yeah apt I got stopped out uh let's see what's where I had a heart stops that I got field 1999 I had five cents slippage yeah I'm All Out apt I sold the half at nearly close yesterday when it was obvious it was gonna close at least like at right after 20 day and then I kept half because I was really like like hoping it was gonna Gap up and just bounce off the 20 day but it's not uh so right now it's a broken chart yeah let's see taking it off from my positions list so you know since times I sold this stock like this window here these are my positions I'm taking it off I'm taking it I'm removing it from this list so right here let's see on exterior lrm this is what a five-star setup should do you know for those who paid attention have been paying attention like those of you have been on my stream for you know months you know you should have all been on top of this one this is a five-star setup not now the entry was saying that like 48th Area 49 area my average is 40 49.02 I had to chase it a little bit since I was buying a bit size I wanted more but you know I started buying it like low like 48 20s and like I got filled on my last shares like low 49 so that that's how thin the stock was and this thing could easily go to 60 70 you know okay while this LSC I still think this thing is gotta go have I like when the Robin Hood finds this stock if when David day trader finds this one it's gonna go to 20 30. it had several good setups at the setup here had a setup here I personally bought it where did I buy did I bite here no I bought it here I bought it on this stage I chased it a little bit like this was the correct entry right here but I chased it just because I thought it was such a big potential and sometimes you know if you made Millions you can break rules okay if you've been trading for nine years you know when to break the rules if you don't if you have been trading for less than five years you don't know how to bro when to break the rules and you shouldn't break the rules uh pea looks like I may get stopped out I'm actually gonna put a hard stop on it so I don't have to watch it all right let's see yeah ino for tomorrow looks like a really really good setup it's just a really good looking setup not a five star but you know like a four star setup and also this DT it looks exactly like shoe we did on this day here exactly like shoe we did here this is what TT looks like right now it's a bit slower like these are a bit slower like the you know you should focus on the ones that are surfing the 10 day and the 20 day uh but you know I I also trade the ones that serve the 50-day many times um but yeah like if I had buying power left I would buy it if I don't so I'm not gonna buy it but it's a good setup it's a force four star setup and also two that look really good or ibio and hdbx for tomorrow hdbx looks a bit better mRNA surfing the 50-day uh no it's not right now it's surfing the 20 day but it has been surfing the 50 day previously yeah like yeah it bounced here it bounced here but right now it's surfing the 20 day if it closes strong it's gonna be a setup for tomorrow looks like Twitter is taking out high so today I I like Twitter like it's a bit slow but like I'm risking what 75 80 cents to potentially make I mean this thing gets going Why Can't This thing go to 45 50. good risky word like on swing trading you always want to get like you're aiming to get like 5 10 20 times 30 times your initial risk like the best trades you'll make 20 30 50 times your initial risk you know you can make a lot of money even if you only have like 20 30 win rate you can make a shitload of money like my win rate last year I think it was 20 uh 20 was it 22 25 something like that and this year I this year it's a bit better maybe I don't know but maybe closer to 30 but but you you can have a win rate well below 50 and you can make a [ __ ] ton of money and you know another thing you know there's a lot of these State Traders out there selling their subscription services that you know they claim they have like these 70 80 90 win rates and maybe they have but if you need a 70 80 90 win rate to make money I'm sorry but your setups suck your methods sucked you have a very little Edge if you need that high of a win rate to make money what was your best month how much uh my best month was probably like I don't know two not two uh May or June or something yeah two uh no wait um yeah I think June this year was my best month I made 5 million I made 5 million bucks in June because the market was so good like look at the NASDAQ during June this is June mom look at this thing it was pretty much straight up a little bit pullbacks but you know still uh numbers yeah okay I'll show you what those mean let's look at livongo so what it means I'm gonna show you these are from Market Smith these numbers these are earnings and Revenue okay so the left column is the uh earnings like EPS growth and the right one is revenue growth this is what a growth stock looks like these these kind of stocks you want to make belong the ones that have triple digit earnings and revenue growth this is the reason livongo went from like 20 bucks to 150 like four months five months this is fuel this is called fuel rocket fuel is another word for it and that's pretty much what I put like I need to I I like to keep track of the story uh like the numbers like I can quickly if I scroll through like on a square two I can just quickly see the numbers okay that gives me a bit more conviction versus just some random stock that doesn't have any or inside like Twitter like this one really has shitty earnings and revenue growth but again I think this thing could go like as a good looking short very clean perfect 20 it's surfing the 20 EMA perfectly and you know I talked about it before like this is like the most powerful social media platform in the world and if they finally can monetize it when they finalize their uh sauce sauce model you know this thing could go to 100 billion plus so we'll see but I'm just rationalizing the trade but sometimes I need to rationalize things even though you really don't need to to make big money in the markets Fiverr is going to be a great short setup for tomorrow if it closes strong like AMD yeah this one yeah this is the one that got away you know you're not gonna catch everything like in a bull market there's gonna be hundreds of stocks that break out that make big moves you don't need to be in everything and also you don't need to be like Ultra concentrated like there's you know some people you know successful traders that think that you know you need to be really concentrated you need to be put like 50 percent of your account in a single stock no you don't need to absolutely not you're gonna make your money in a bull in bull runs and every Bull Run there's hundreds of stocks that make big moves you don't need to put 50 to your account in one stock that's just stupid you know I would say generally say don't put more than 25 to your account in any given stock there's just no need to like let's say you go long Tesla you put 50 to your account in this thing okay and the next day you know this thing breaks out you put 50 to your money in this thing or even worse you put a hundred percent of your money in this thing and then the next day overnight Elon Musk gets a heart attack and dies this thing is gonna be down 70 percent okay it's gonna beep down 70 percent and God forbid something happens to Elon but I'm just saying right or you put something in you know big position and some micro cap biotech stock like you know they have some bad news it's gonna go down 90 overnight you're dumb your career is over you don't have any career anymore in trading at least let's see like Etsy is a good short setup like I think if it gaps up on earnings uh it could be uh like a sell the new scenario because it's really extended from the base like you know it's up what one two three four five six days in a row this is gonna be uh like a five star short setup I just hope it gaps up on earnings that would be an ideal scenario and I'm gonna be on it um as long as it already dope is break even just like Fiverr today not not five or sorry uh livongo like this one also this one gapped up a little bit it was uh up way up uh it was up way more in pre-market it actually hit like 160 almost 168 in pre-market but anyways you know first you know right out of the gate it put in a red one minute candle and you know I kind of shorted it right there low 145s I shorted 10 000 shares now in hindsight I should have done two three times the size but whatever a really good setup like a five-star setup and Fiverr looks similar also for tomorrow if it can close strong today like we are in a runaway bull market like extremely good momentum market so there's a lot of these setups uh coming up and that's another setup I trade you don't need to worry about it you don't need that setup to make millions it's it's a little bit it's it's much harder to set up to trade than just the breakout uh method I've uh I've been teaching you okay guys I'm I'm just I'm I'm done I I don't I'm not gonna answer any comments or questions I'm just my throat is starting to hurt from Talking thanks for joining and I'll see you tomorrow and I see some people have DM me I'm gonna okay let's start with the uh swing training school in in one minute I'm I'm gonna do one of my scans I'm gonna do the two-year scan check what stocks there are there and look for good setups let's let's keep the shatter to minimum during swing trading School I won't have time to ask questions or uh comment on comments all right all right class sit down and listen this is my longest term scan so this one scans for the uh biggest winners over the past two years you don't need this scan uh like I talked about the one month three month the six month scan okay scans yesterday those are the ones you need I'm just gonna wanna find like stocks that have gone up a lot over the past two years so we can look at good setups um right now there's not gonna be that many stocks here um since it's uh you know I have pretty high uh volume criteria and the market or uh and the market is just you know just opened well we're stuck we've talked about recently but we can go back and look at the Overstock back in 2017. I'm gonna open I'm gonna do this another tab swing trading School tab there is no noise here this is what your uh setup needs to look like this is uh what it should look like no more indicators than this let's go back over stock in 2017. this was one of my biggest winners in 2017. look for good setups okay and these I traded these setups I traded okay I did miss this one but this was a pretty decent setup and look guys you need to take like you need to build your own database of these you need to take screenshots and put it in you know in a folder or whatever get the Evernote or something you need to like build a database of these so you can go back this was a very good setup this one I remember I traded opening range rise I think the reported earnings or something it doesn't really matter like it it found support on a rising 20-day first first bounce of the rising 20 took out this range at 25 on big big volume that's a good setup here's a good setup right surfing the 10-day building higher lows getting Tighter and Tighter and then breaks out again on high volume this is like uh now it's a bit tricky that's not really a great setup but here I'm gonna show this one too the first bounce of the 50 day and has a range break here passes the 50-day breaks this range on big volume that's a good setup and then we obviously had good setups here but I I talked about these setups uh previously on short School uh swing trading School Overstock I'm sure 25 000 shares for those who follow my long story short setup uh but yeah I probably is not to talk about the short so I don't know how to do it like should I talk about it or not just not to confuse people like guys just a simple rule if you if you haven't made your first million yet don't short you ignore any anything I say about shorting just ignore just ignore it I'm not talking to you when I mentioned shorting I only talk about to the guys who uh have made at least a million okay cwh this thing let's go back and look it never really had a big it was never a earnings or like momentum leader but it's been a momentum leader recently this year since the corona crisis like this is a decent setup not a five-star setup but a pretty decent setup like this one right here you can you can just see how clean like you know you need clean setups something just keeps surf it's not all over the place like it just keeps surfing the 10 day and then the 20 day catch this up look at this it says higher lows and then you have a range here it breaks that range it wasn't like a super obvious setup but this was definitely a like a tradable setup Square we can go back and look back uh wait didn't I talk about this one yesterday or the day before I don't think I did no I did yeah this one I went through I think yesterday so I'm not gonna talk about that one this one I talked about before scdg this one actually can't see any like I'll be stalking this thing forever um this is really oh yeah back here I no never mind yeah here I traded it a couple of times uh back in 2017. like this was a good setup uh this was an earnings winner uh like look at it's in a big big uptrend he keeps surfing that 20 day then it kind of starts breaks down a little bit and finds support on the 50 day bounces off to 50 day twice builds higher lows and then it has this tight range this is a very good setup I know I traded it Roku this one I traded back in 28 19 I remember I'm gonna show you guys this one I actually traded on stream no wait which one did I okay no never mind this is a very good setup okay big uptrend and if you know bounces clean bounds of the 50-day you can see it builds higher lows and then breaks this range five-star setup beautiful beautiful setup I I traded this one and then there was another one I traded on the stream but I didn't follow my own cell rules this one here not as obvious I think it bounced off the 100 day or something and you know what you know this one you don't need to pay attention to this just paid attention to the ones that bounce off the 10 or like surf the 10 20 and 50 day you don't need to pay like yeah you know that one never mind forget I said that um carvana I talked about the previous few days emph emph I don't think I talked about uh let's see good setups like this is a good setup really good setup just keep surfing the 10 and 20 day and then it breaks this range on big volume like this is how it looked like the day before it's not a super obvious one but it's there it's not like a five star but you know like three and a half Four Star like some setups are really really obvious like Tesla like this one you know it's gonna be juicy once it breaks like it's just so tight long consolidation but some some consolidations are not that long AMD this one had many many setups over the years oh man if I just could if I like I was a really shitty swing Trader back in 27 2016. I was not very good at identifying these setups but this is a five-star setup this is the five star setup but it it would have stopped you out because on this day here it took out the lows of this day right so you would have gotten stopped out but this setup here was five star uh like I can't go back more than this we can do it like this like you know take you know you need to take screenshots of these things you need to go back and study these things for yourselves this was also a really good setup not a five star because the previous day Scandal was kind of loose but it had this big range break and it had been building higher lows um this thing had AMD has had so many good setups over the years some I missed some I traded this is also a really good setup search the 10 day undercuts it builds higher lows for three days two days and then breaks out really good setup beautiful setup uh this was a good setup you get a bounce of the 50 day it kind of breaks down pulls back finds support on a 50-day builds higher lows guys you see this many times these things build higher lows here it filled higher lows here here here like before their breakouts they most of the time build higher lows very important concept okay it did kind of have a pretty decent setup here right here build higher low served of the 20 day uh but this one didn't have any follow-through like you know just because it's a good setup doesn't mean it's gonna work and here um you know what I would have probably traded this setup I don't remember if I trade it but again this one would have stopped you out too and look with this method you can have a 30 win rate and you can you can double triple quadruple your money in a year if the market is good you don't need a 80 win rate or even a 50 win rate get used to losing get used to stop getting stopped out the best Traders are the ones that can make the best losses okay this is one I did trade like you know look at this thing it served pounds of the 20 they started building higher lows get it got tight this one I did trade well no never mind I didn't trade that one I traded this one and this is one of my oh what happened on this day I like like this is a five-star setup it's a really good setup you have this range with higher lows oh wait what happened now like I bought this one reported earnings this day I bought an enormous size I had like 50 of my account in this thing when I took out the opening range lows but it stopped me out It reversed after I bought it it shook me out I took a decent loss on it and then it reversed again took out the highs of the day remember I had 50 on my account on this in this thing like with the perfect entry but it shook me out and look at what it did this is no joke I never got back in I didn't get back in look at what it did guys feel the pain I hope you're feeling the pain together with me because when I see this I'm feeling the pain okay if I had taken this trade you know well what can I say what can I say it it only went up 96 95 percent over the next couple of months guys this stop is always lows of the entry day and after three to five days you sell a third to half of your position and move to stop the break even and then you use the trailing 10 day the first close below the 10-day moving average is when you get out and this thing if you if you use that you would have sold the third to half on either one of these three days either here no sorry one of these three days you would have sold a third to half just to lock in some profits move your stop to break even and you would have sold the other two thirds to have until they stay here okay this is where it would have gotten out these moving averages work the 10 days is an incredi incredibly good moving average for for the biggest momentum stock it just works so well it's not perfect but it works really well it's almost like sheeting this thing I traded on the stream this is a [ __ ] this is like this is a six star setup on a five star scale you know you gotta [ __ ] memorize this this is a six star setup on a five-star scale you don't get these men this many of these look at how tight it is pounds is perfectly after 20 take it's really tight this one I traded on the stream unfortunately I wasn't really good at following my exit rules and look at the movement mate or no I did follow my exitus really well I think I sold it I think I sold it somewhere here on the first yeah I did follow my exit rules I think I sold it on this day when it closed below the 10 day the first Globe closed below the 10 day and now you probably understand why I'm so excited for Tesla like I'm literally dreaming about Tesla it's gonna be an enormous trade it looks exactly like it but it could also be a big breakdown right and then in that case I'm going to short it but you know this thing breaks out it's going to go to 2000. I've got a bigger but big big position you gotta memorize these things and for example like is this a good setup right it's not because it's not surfing any of the moving averages right there's no clean Trend it's been going sideways for months and months okay is this a good setup well this one actually was a good setup you know what this was a good setup it undercut and bounced off the 20 day built higher lows took out this tight range this was a good setup but it didn't follow through it it would have stopped you out was this a good setup um like I actually traded this one uh because I I anticipated this big you know it's you know it's not really like what I'm trying to teach you um like you want to be in the stocks that have the higher you know that the 10 and 20 day and 50-day moving averages are in a high angle like they go like straight up like they go up in like 45 degree angle those are the kind of uh stocks you want to be in like where like where did 10 and 20-day moving averages are in this type of angle right you can just you know or or maybe even more like you know something like this I don't know it's this 45 degrees okay guys can you confirm is this like 45 degrees or am I missing out this is like 90 degrees wait ah the [ __ ] why can't I do a line what why can't I do a line what the hell is going on I can draw a line what the wait so you have a straight line is this a straight line almost so this is like a 45 degrees right 43.25 50. stop trolling me God damn it this is 45 degrees plus minus a few degrees you want you know stocks that go up in 45 degree angles 45 degrees or even more you know what damn I wish I did like I could have a permanent 45 degree line on all of my charts oh I have Shopify I think I talked about it this thing had some decent setups over the years uh actually it's kind of now it's a bit tricky it only it like it had some good setups past few months but it's been kind of tricky to see like apps I want to talk about okay let's do another 45 degree angle this is like 45 degrees right again this is uh like this one actually went up higher than 45 degrees but it needs to be at least like 45 degrees right this is a five-star setup memorize this okay take a screenshot I mean you know you need to learn this okay you need to be on these things w let's do another 45 degree angle this is 45 degrees I'm a natural this is 45 degrees like it wasn't as obvious but this thing you know the market had a multi-day pullback and when I say they say the market I mean the NASDAQ this thing just undercut the rising 20 and just couldn't go lower it was back at all-time highs immediately this one I bought I'm still in it I still have 40 800 shares I think I bought 9 000 shares or something 8 000 I don't remember right that's a really good setup and if you didn't buy it here this is acceptable setup too and look at it now Tesla let's do another 45 degree angle uh where is it here like this one is moving up way faster than 45 degrees way faster so that's a good thing you need to you need you want at least 45 degrees but faster the faster the better this one I really don't see any good setups Maybe like this nah oh this was maybe a kind of decent setup this is just right after March lows this thing was packed at all-time highs really quickly so this would have been an acceptable setup in the context of the overall Market this is like literally a couple of weeks after March lows and this it was just you know apparently it didn't really go down much during the corona or we did go down 30 but it was just reclaimed the 50-day like in just a couple of days uh so it was a decent setup in the context of the market but you know let's just ignore it it may be too much information for you most of you uh estar Randy well this one I talked about yesterday I think or the day before that's good two really good setups here here I traded both of them uh Kodak uh codec looks like it's gonna step me out but codec 2 is kind of bouncing off the 10 day and building higher lows you can just clearly see in the daily chart it's building higher lows every every single day it's been building higher lows but it's not really the type of setup I'm trying to teach you this is more of a you know different variation like there are variations of these uh of these setups um Ino this one I've been trading several times good setups this was a good setup didn't have any follow through this was another good setup I think I traded it if I remember because this is like a five star setup served it 20 day build higher lows again the higher lows you buy the opening range highs where you know you try you cannot you want to buy them as fast as possible like after the trigger once they start taking out the ranges but sometimes you're gonna unsure so you know it's it's you can you can buy them any type of any time of the day as long as they are not up as long as their stop is not further and Away than the average two range okay so let's say you this is real time you see it right now like the lowest of the day is what 1105 and the stock is at 1205 right so you would have to use a dollar stop and the average two range back then since this you know share price was lower it was you know let's just say it was a buck 50. right so that would have been fine but if the stock would have been at 1270 you you stop would have to be uh a box 70 and then it wouldn't have been fine then you would have to you know either buy a dip if it dipped a little bit or if it you know just let it go it's fine to let stocks go there's so many opportunities you you can't trade them all this was a little bit more of a subtle setup but it bounced off the 50 day took out this little range that had this strong candle melee this one is has always been a bit choppy kind of hard to trade not really clean this is one I've followed for years saturated a couple of times but it almost never puts in good setups this is a good setup though right here right here on this stage that's a good setup and I I think I traded it I don't remember now this is a good setup it's got a little bit slower stock you can clearly see it on the chart like the daily candles are like kind of you know it's just a slower type but this was a good setup um foreign plug uh had a good setup can we go back to 2014 no we can't so you can't go back to 2013. um that's why I I find tc2000 a bit annoying they should like get their [ __ ] together you should be able to go go back and however long you want it's just stupid you can you can only go back like five years it's kind of like it's just stupid this was a good setup it did Gap up but then you know when you have a like a powerful chart you know a gap up is okay as long as you get it on the opening range highs let's say opening range high is the one minute or five minute or whatever you can add on all of them like if you missed the one minute opening range size maybe you can add on the five minute but lows of the stay should be your low so the day should be your stop and the stop shouldn't be higher than the average true range but this was a pretty decent setup right here and you know kinda this thing kinda had us set up a couple of days ago it kind of bounced off the 50 day put in a strong candle and then it you know started going the next day you know it's a trickier setup but it's a variation I passed on it I did see it but I just passed on it and nvex we've talked about several times a really perfect breakout right here five it's a six star setup on a five star scale all right anywho so we went through even more setups uh today and tomorrow I'm gonna do one another scan and you know go through even more setups but the key is you know you need to put in your own work like you need to put in every day you need to put in work identify you know you need to go one day you know scan for big winners and then you just look for setups okay you see the same patterns they they occur over and over again this mchp a good setup uh what how the hell this doesn't even remotely look at anything I just got to show you guys no it's not a good setup it looks like [ __ ] what I think of Billy I'm lonely this thing had a five stars or yeah five star setup here when I bought it five star setup bounced off the 50-day build a higher lows took out this range Boom the five-star setup right there hence why I bought it how do I manage stops closer a day for this method I'm trying to teach you you move your stop to break even after the first three to five days what about KSU no it's not a momentum leader like you can clearly select KSU doesn't have the 45 degree angle right it's kind of sloppy right it's just no it needs to be clean on the 10 and 20 and 50. I mean it is kinda but it's it's not really there it's just not like it wouldn't get on your scans probably like down here when it broke out on the like these days and this day it wouldn't have gotten on your scans it's not a momentum leader foreign Ty what kind of Life question do you have guys like don't be afraid to ask me like especially like it's like when it's like an hour hour and a half after the open and things are calming down you can ask me anything you can ask me like I can I can be your psychologist I can be your best friend I can give you life advice I can give you love advice Hey look I'm here for you guys arithmetric is not valid for the 45 degree thing yes it is do I own a child care center what no I don't why do you ask me that that was a random question Oh you mean like the sounds uh from outside no it's my neighbor's kids they were just running uh running in front of my house yes I do almost only 99 of my trades are swing trades and my stops are usually like maybe you know half around half of average two range they are rarely uh full leverage to range I always feel like I'm chasing when I'm when the stock is closing in on the Fuller of average true range think or Swim yeah I had a think or Swim account but they closed it because I I hadn't funded it I had to think or swim before it got pulled out by a merry trade I think uh back in like 2011 2012 2013. but then he kicked me out because I hadn't funded to account but they they had good sharding the pro-fit shards were really good I like them Twitter uh Twitter is um you know the only bad thing about Twitter it's like it's ADR it's only 3.6 none of you should be trading it none of you should be trading it yeah yeah but it's like a four star setup thoughts on clsk uh nah nah I don't think it's a good setup here like it like all of you you should probably use at least five six percent most of you the ones they won't they're all of you that have less than say a couple of millionary accounts I use four percent I actually increased my scans from 3.5 to 4 yesterday um and then you know look and yet I'm still looking at Twitter it's a 3.6 you know what can I say Crocs uh no like it's in a nice uptrend yeah but it's not tight like it's kind of like shopping like it's kind of shop it's not a clean shirt needs to get tight what about cult advice I don't have any cult advice can you be my dad I I think it's a little bit late to be your dad I kind of have to be there at the conception why is the earth flat uh because of science let's see how many people leave this shot now oh God how do you feed your trading performance scooter bad from affecting your mood with long ones it doesn't my trading it's the other way around my trading um um affects my my feelings outside of the market but my feelings outside of the market never affect my Trading how do I prep my day uh yeah I probably kind of write the you know like in my uh about page about it that's a good question how do I prep my day yeah I'm gonna put it on my in my about page um I I have a little bit oh I did write a little bit about it but I need to do a little bit um you know maybe a few more sentences how I how my day goes by I'm gonna maybe gonna do like uh like a time like nine around nine I get up like ten I go to gym uh let's see uh okay yeah here it is okay how do you spend your mornings leading up the market hours okay that one I'm gonna write a little bit more on where are the car picks uh I can show you the car pics um let's see um no well I don't actually have pictures of my car I have one video of it I have a one single video of of the car uh where is it another [ __ ] is it um no it's not here oh okay it's not here oh where where the hell is it um I'm trying to find it somewhere on my phone oh here it is I'm gonna um put it on my Google Drive okay let's see here if I'm stealing fastly no why would I be oh wait fastly I never was in it or I was in like I bought it here right and I got stopped out I think on this day here and since then I haven't been in it no easy stock trade entry to stop is no more than one times average to range sdtr um yeah you know what it could be a good it's not that clean because it's like a little bit too far below the 50 day but it is actually you know it could be it could work it could work it's not a bad one uh maybe like tomorrow starting tomorrow it would be a decent setup like three and a half Four Star when in a swing trade how are you deciding to take profit or sell completely guys go back and look like every single uh swing trading School I've done like every like full exception we take yeah every day like no with the exception on Monday but Tuesday Wednesday and today I've done swing trading schools I've talked about the seller rules they're very simple uh guys you need to read the about page yes there there is somewhere I could show my current positions or actually yeah not not on this shot but because on the swing trading school I use this chart only but here these box here these are my uh current positions how I use Twitter as a trading Tool uh I look at news I have a very curated list of people I know are good on their with what they do and uh yeah some some of them have good trading ideas some of them are just news guys but I think Twitter is a very good tool to get a grip of what's going on get trading ideas and you know just news just what happened what's happening I'm not talking about stock specific news sector-specific news yeah thanks smiggy for um yeah explaining where my positions are really appreciated like wow this this uh moderator thing is awesome is the video super delayed uh it shouldn't be there shouldn't be no how's my Swedish investment business ah it's kind of slowly going forward not really putting a lot of effort in it right now it's like vacation times and everything talks on ibio uh like if you can close strong it would be a setup for tomorrow but it's kind of kind of weak for now and Bitcoin I'm in gbtc there are no setups on them right now how much is tc2000 I don't know you can uh just uh go to their home page and figure it out uh I have no idea what am I paying for tc2000. whatever the amount I'm paying I would be fine with paying 10 times as much you mentioned in the beginning of the stream something about the best short setup which you which you saw it was something related to volume if you remember I don't know I don't remember which one do I share my current positions or you pass trades yeah all my current positions are in this list I almost always tell you guys when I buy or sell something on the stream I almost always tell you guys unless I forget to because there's so much going on but I'm thinking about like on a thinner name so I'm not even gonna mention them because I don't wanna have a 200 people you know chasing the same thing I'm buying or selling like I I'm I don't want that kind of following I want people only people in here that are willing to learn to stand on it on two legs or since we're trading sit on your asses and not follow me blindly there are a lot of services who are willing to take your money happily if you are out for that if you're looking for that yeah look like I think Nathan Michaud is a great guy he's a successful Trader but I just don't think like the scalping is just a great you know it's just it's just so hard there's just so many things that can go wrong like you're always like near your entry you you like it's just I I I don't think scalping is you should you shouldn't do it I don't even think you should day trade you should I think swing trading is the best thing to start with like I started as a day trader because I didn't know anything else the people I followed were day Traders it took me a couple of years before before I found someone who was swing trading successfully his name is pradeep and he runs Stock B dot base oh the ADR formula yeah yeah it's I it's guys the ADR formulation on my bulk page all you have to do is you do this you take the ADR formula um like I don't even know wait wait how do you do it like if you want to do like let's you wanna create the same scan like I have biggest one-month gainers like I talked about these yesterday I think it's one month three months and six month gainers you you put the volume dollars you click the plus button here shoes condition and click here volume right and then you choose volume dollars whatever it is dollar volume here right and then you put it yeah so which is the same thing as uh which is this formula here you can I probably put it in manually too greater than and I have 80 million most of you guys should have something like maybe 10 or 20 million but no more than that since you have tiny accounts and here wait why is this 3.5 I thought I changed it to 40 uh four oh because I forgot to CL save the save the page no wait what what's this it should be four uh but you guys should use like five or six and price draft one month ranks issues rank here C Min low 22 that's the formula and you put a rank that's probably 90 90 plus maybe even 95 plus and after when the market is closed okay you should play around with these uh but you you shouldn't get more than 50 candidates on any of the three scams one month three months and six month gainers if you know if if you get more than say 50 60 candidates you should probably like increase the rank here or you should increase the ADR percent let's say you have eight like ADR five percent and you get 75 results and then you increase it to six percent and you get say 55 results and that would be fine you don't want too many uh like results like around 50 60 is good enough on any of these uh three scans um okay anywho okay enough with the short School for today I'm getting really tired again I just need to catch up with this uh shaft how often do you withdraw any time I have a big expense like taxes or uh expensive as [ __ ] car I withdraw money okay why I don't trade Apple Amazon Google and Facebook uh because they're too slow look at Apple ADR 2.7 Amazon ADR of three oh this one is actually kind of high but uh you know it's just I haven't seen any good setups like there's always like there's there are better ones there Google ADR of 2.4 Facebook ADR of 2.8 it's just too slow way too slow I don't trade slow well actually my car has 619 horsepower well actually uh did they call you for a new market wizard book coming out yeah oh man I'm so always so excited for the new market research book holy [ __ ] I can't wait oh I'm gonna look look at this like oh my God I don't know if I would qualify for the market Wizards books I don't know maybe I would uh market research here let's see that yeah I think it comes in um November um wait wait where is it Market Wizards uh why can't I find it should be on Amazon wait wait Mark Market Wizards do where is it on unknown unknown Market wizard is that the name of oh here it is I found it um oh man November three oh man I'm gonna get this book oh I'm gonna get this book like guys guys guys look at this a Trader who turned a national account of 20 2500 into 50 million oh my God I wanna know his method he's you know you know a guy who averaged 337 over 13 years um like he would be a multi-billionaire uh so I guess he's kind of like maybe a day trading strategy where he withdraws money and starts to work with like a smaller account I don't know uh who knows I don't know um a Trader who made tens of millions using a unique approach that employed neither fundamental nor technical analysis analysis that's also pretty interesting but it also depends on what he started with and how many years it took uh but this it kind of you know why that sounds exciting a former advertising executive used classical short analysis to achieve a 58 average return over 27 like this guy should be a millionaire too oh please don't tell me it's Peter Brandt no please don't tell me it's Peter Brandt oh God that guy is a [ __ ] fraud Peter L Brandt like the guy claims he's made like 30 per year over the past 30 years he should be a multi-billionaire yet he has a uh a service he sells for like a couple of hundred bucks per month I mean something is very very very wrong here the guy should be a multi-billionaire don't please don't tell me it's it's him but on the other hand like if you check Swagger he probably should have like uh you know looked at his statements maybe you know I don't know like look at this guy he claims he's made let's see he doesn't say anything about I I read his uh his claims somewhere that uh but look at this thing private Twitter alerts does this guy sound like a billionaire no probably not wait how much is his service become a factor member 347 bucks hey yeah I don't know something is fishy some some something doesn't add up I don't know I don't think it's this guy no I think Peter apparent he claimed like 30 this Sayer says 58 all right a promising junior tennis player in the UK who banned his case for professional sporting career for trading and generated a nine-year track record with an average return of just nine years I'm not 300 percent yeah that's how you this is how you turn a couple of thousand into tens of Millions this is exactly what I did my average return over the past seven years is just under 300 percent it's actually um let's see how much is it since 2013 not including this year uh but up until last year my average annual return was 200 no wait 268 percent this is how you turn a few thousand into tens of Millions you have mult you know triple digit percentage return over a period of you know several years five ten years that's how you turn a few thousand into uh you know tens of Millions oh man I can't wait for this book oh man so exciting this is like the most exciting book ever I've never been this excited for a book in my life Jesus Christ I'm gonna get that one I'm like 30 minutes behind reading the chat oh my God there's too many people yeah TSX is setting up for a nice oh yeah GSX the higher it goes the better I took a sixteen thousand dollar lost on it yes uh today like on Half Size uh but this one is gonna be an insanely good short eventually higher it goes to better uh how do you do taxes again go to my about page please 30 tax rate in Sweden [Music] what program are my oh man guys those who you're new here you haven't read my about page go to my about page why did you decide to teach us folks uh it says it on my about page exactly smiggy exactly swing trading is also better if you have a regular job you don't have to sit them watch the market all the time oh this is also something I'm gonna put um in in the about page uh how do I prep my day okay so I'll put it there put it here that's a very good question yeah a good very good uh comment yeah uh let's see day trade I'm just trying to edit my about page as I I'm talking why did you switch from yeah so where is smiggy's comment uh no wait whose comment was it uh how long would it realistically take him to make a million from 100K well it depends on the market but in a decent Market you know if you do like 200 per year and after every year you pay some taxes like I mean look it depends but two three years if you have the skill and the market is good and if you use good methods oh oh did I delete something no I didn't yeah most of my uh stuff yeah relative straight strength trading on Market Smith yeah exactly yeah that's very true why do all Traders seem to be into cars so lame well you know there's two types of traders who are into cars you are the ones that uh rent Lambos take pictures with them so they can sell the trading service and then they are the ones that make real money trading and buy their dream car the second category is me look it's only lame if you're not interested in cars I'd like to have a nice car I'm I'm literally I literally bought my dream car that's not lame that's [ __ ] awesome wait is pradeep in the market research book really no way no pradeep hasn't been trading wait pradeep wow is he is he in that market research book really that's awesome yeah my top oh that's good yeah top 10 trading books yeah yeah oh yeah that's a good question that's a good um uh idea I mean what do I think about not uh no doesn't have any momentum you know it needs to be in a 45 degree angle right is it needs to be surfing the 10 20 and or 50 day right this doesn't fit like here was the potential setup right you have the 45 degree angle we have some narrow range canvas and you have a breakout but it wasn't like a super clean setup this is this is a pretty decent setup like this one you have a big move sideways and it can uh break you know bounces off to 50 they spills higher lows for a period this is like a variation of the setup you should like learn right but here it's absolutely nothing here no I paid no you don't have to pay U.S taxes for trading in uh no I pay you you pay taxes where you residences what's the capital uh yeah I'm gonna change that and also uh oh yeah tax treaties yeah taxi Sweden oh [ __ ] I forgot to get my old car from the from there oh [ __ ] man I got so excited streaming oh no I don't what I think of the Porsche 911 I think it looks good but I would get the Porsche icon if I would buy a Porsche oh pradeep is not in the book okay how much you will be charging for your lessons nothing what made me interested in Sharing infant streaming go to my about page please guys you need to read my about page it's all there what I learned from pradeep uh the same exact method I'm trying to teach you is what I learned from pradeep hey uh guys those of you who who um who are moderators um I I already I already talked with do on on Facebook but could you guys write to me on messenger I want to create the group with uh with just you three so again talk things through um why do I sell on every pop well not every pop like it needs to go up a decent amount like but yeah but I trade them most of the most of the position usually but yeah it's a mental thing if I'm a member of a pradeep space uh stock people face yes oh man [ __ ] I got carried away with uh with this stream I should have gone to my car dealership I now oh [ __ ] when do they close I think they closed at six they close in 19 minutes God damn it right I have some stuff I need to get from my old car oh man yeah Chia 6 is gonna be a juicy short starting tomorrow look at the Celsius thingy look at this setup right here five star setup to memorize it and here yesterday too this thing had a really good setup look at how it's just surfing the 20 day perfectly you know you gotta you gotta scan for those and I'm probably gonna do a blog post about scanning and you know like more specifically what you should what and also like the setup uh Kodak am I still in Kodak No I'm probably uh yes I am but I'm probably gonna get stopped out it looks like it's gonna stop me out looks like a lot of the growth stocks are pulling back today which is good uh well which is like it's good that I added to my like I added a few shorts just to uh like okay Roku Roku is now losing the 20 day like Roku is not looking like I thought they could bounce off to 20 days so far it's not able to fastly too it looks really really weak not not good all right guys uh my stops are intentionally taken out who cares you're gonna get stopped out you know there's no reason to blame any market makers and you know there are no market makers uh what broker do I suggest I use interactive brokers and Center Point all right guys I'm gonna cut the stream now by the way all right I'm gonna cut the stream now thanks to the moderators for keeping things in you know what let's do a fast uh uh swing trading school here so as you know I recommend you do three scans and one month Gainer scan three month Gainer scan and six month Gainer scam uh let's just do a six month Gainer scam like most of you have smaller accounts so what I'm gonna do is like let's see if I just do this scan right now I get 13 stocks like these are all mostly large cap stocks not all of them and they're very liquid these are some of the most liquid stocks uh but the ADR uh criteria is only 3.5 but if I decrease the volume let's let's do uh 10 million dollar oh sorry wait wait I'm Gonna Cancel it let's do 20 million dollar s in dollar volume so I'll change it from 80 million to 20 million how many uh scan results do I get 23 okay 23 so let's increase the ADR to 5 percent now now it's early in the day like like after you close there's probably gonna be I don't know 60 70 80 results in this uh you know what let's do it like this let's decrease it to 10 million just so we can get and increase this to six percent 27. you know what I'll decrease I'll decrease it to 5 million just so we can get a few more uh results so I wanted like 50 results or something okay 47. so these are the biggest gainers over the past six months uh so what we're gonna do this mRNA is kind of breaking down it's a covid-19 leading stock I don't know is another one trying to break it down all right let's not focus on that so let's just start in alphabetical order acmr so this is one of the biggest Gamers for the past six months just like let's look at setups okay um like this was a nah put 10 nah it's not really that good of a setup like it it worked in hindsight but I don't know if it was like it was if it got down sideways a few more days that would have been a good setup but now this was a hard to identify setup let's look at more setups um it did have a decent like this was a good setup right here on this day here and it made a big move pulled back when sideways started building higher lows and then it had a breakout here uh but this breakout didn't have much follow through you would have sold you know after three to five days you sell a third to half of your shares and then you move your stop to break even and then use the 10-day moving average as your training stops so this would have been a small Gainer probably but it didn't really have much follow through um didn't really have that many good setups like this has been a little bit of a shopping one yeah so there no no good setups like on some stocks you don't get good setups they just kind of shop be and they go higher anyways like this is a fight this is this is like a five and a half star setup on a six star on a five star scale okay this is a this is such a good one such a good one memorize this setup it's a big move goes sideways search the 20 day and then it's it kind of loses the 20 day here but it's still building higher lows and then you have this tight range that breaks and a high volume Breakout arcd another one I know I've been long this thing this year but I don't remember when this is another one it's kind of tricky it there's kind of no setups on it not the type of setups we are looking for potentially this would have been a setup okay this would have been a setup okay this would have been a setup it makes a big move serves the 10-day builds higher lows takes out this range and it has a narrow candle before the breakout day and then breaks out on high volume uh you close this kind of weak but it does have some follow-through um but it wouldn't have been a big winner blink [Music] um I put this this uh could have been a potential setup uh not really that good but yeah yeah but it is setting up in maybe two three days if we can go sideways a bit more Let the 10-day catch shot there could be a setup on this one uh car this is another one there's really no good setups on this thing okay there is a potential setup here so what this thing does is makes a big big move pulls back and it kind of goes sideways for a couple of months and as you've been teaching you know what let's look at this thing on the on the swing trading school um setup because there here is there's only three moving averages these are the only indicators you you should be using so this is what it does is it kind of starts feeling higher lows it's get tights in in a range and it bounces this is the first bounce of the 50-day moving average it undercuts it builds a range tight range and then it has a breakout day so this is a potential setup like any time you have a like a clean bounce of one of these three moving averages that's uh that's that's a nice thing uh chord let's do c Bay Another one not not really any setups here this thing just moves in gaps CDE uh no I don't see any good setups on this one um cell H this one has a couple of good setups like one is right here on this day here makes a big move surfs on the 20 and 20-day moving averages starts building higher lows of the 20. takes out this tight range this is a nice little high tide flag and then there is a potential setup here like this is a five-star setup this would be maybe a three star setup I would have preferred a few more days of sideways but it keeps building these higher lows has two tight candles and then it has a breakout day here and then there's actually a good setup here this is like I would recommend everyone puts put earnings uh somewhere on their shards next earnings you do edit toolbar right click edit toolbar and then you click the plus icon and then you look at next earnings and you add it uh and I would recommend you never buy stocks like let's say within three days of earnings or within a couple of days of earnings like this is a very good looking setup this is like a four and a half star setup look at how cleanly it bounces off the 20 day and then it has this tight range here just keeps building higher lows this is a very good setup but it's a day before earnings you shouldn't have bought it but it's a good setup right if it hadn't reported earnings this day you know you should have bought it CLS gay another one it kinda this is a maybe setup makes a big move pulls back to his sideways starts building higher lows of the 10 day and has a range here and then it has a breakout so that's you know it's actually a pretty decent setup I would have preferred if this day had been a tight range day instead of a wide range day but you know it's you know it was a decent setup codex now this one has several perfect setups several of them I've traded like this down here this is a six star setup of a five-star oh goddamn tc2000 is sometimes really annoying this is a really good setup makes a big move it is kind of shopping in this range but it gets Tighter and Tighter builds higher lows start goes from surfing the 10-day moving average to thrifting the 20 builds higher lows has this range that gets Tighter and Tighter has a really narrow range day the day before Breakout and then it breaks out on high volume that's uh you know that's such the perfect perfect setup um then it has another good one here um it's a little like it has this this one I traded to I would have preferred if this was a tight range day but you know sometimes you know it's like a high tide flag makes a big move bounces off the 50-day look of it serves the 50 day then it starts surfing the 10 and 20 day builds higher lows has this clean range it's a variation um so there are like different variations of the setup I'm trying to teach this is another one I traded this one unfortunately I didn't follow my own cell rules I got stopped out on this day here uh even though I shouldn't have I anticipated that it would go lower so I sold it a bit too early but I report it on this day on stream this is the day when I uh Shades the shades those who you were in the shaft that day you remember and yeah I'm still in it and now I'm pretty much waiting for this thing to close below the 10-day moving average uh to sell the rest I still have like a third of my shares or a quarter my shares or something like that I sold most of them into strength it made a big move 56 50 in you know a couple of weeks huh carvana let's see I need to get back to my own trading RCL yeah cruise lines and airlines are they just keep going higher carvana had several or at least yeah at least two really good setups one was here again Big Move serves the 20 day starts getting Tighter and Tighter builds a range higher lows gets you know three tight range candles and then a Breakout and look at this this makes a huge move to 300 percent move and then it breaks out you want to be in the like fastest moving stocks okay someone mentioned Ericsson okay this is [ __ ] okay this is [ __ ] like if this was a high ADR stock like that that would have been a good setup but you know it doesn't matter how nice it looks if it's a low ADR stock it's [ __ ] you shouldn't be trading it trading this thing you should never trade [ __ ] low ADR is equal to [ __ ] High ADR is equal to gold and here's another good setup like this is the same theme like a big move pullback or sideways consolidation and then it you know it start you know the stock starts finding support and starts surfing one of the moving averages it could be the 10 day could be the 20 day could be the 50 day and many times it's a combination of over two of them like usually the 10 and 20. and then it gets Tighter and then it breaks out of that range it's just the same theme over and this is how stocks move okay this is this is how stocks are mood over the past hundred years okay you can go back and look at shards from the 20s from the 50s from the 80s from the 90s this is how stocks move okay you do the same thing over and over again you just need to memorize these patterns cwh this one had a I guess an okay set up here I would have preferred maybe a bit more sideways um it wasn't really that obvious of a setup but it served the 20 day nicely that a nice you know started building a range here um but yeah I would have preferred a bit more sideways so it wasn't that clean it was a scissor here I see a really good setup back in April this is a good setup sting makes a big move okay goes up 100 it goes up more than 200 percent pulls back finds support on the rising 20 that builds a tight range and then it has a high volume breakout this is like a five-star setup memorize this this is where you this is where millions are made guys and then you can just use the trailing 10-day moving average like okay so I I know I advocate like sell uh one third to half after three to five days and then move you stop the break even and then sell the rest once you get the first close below the 10 day but there are like sometimes the stock can close the below the 10 day but you can still keep it and I'll show you the example when like this is a good example so you were you would have sold one third to half on any of these days here and then like on this day closed above the 10 day next day or actually you would have gotten stopped out of it uh never mind it wasn't a good example I'd try to find never forget what I said I'll try to find a better example uh uh every I don't see any good setups on this thing xpi like this one already marked it like I've told this this one very good setup this one too very good setup firstly five star setup right here right here Fiverr you had a great setup here all right all right this was like a decent setup you had a great setup this is a five star setup and then you had the okay set up here HL um you had there was a decent setup on it last week right here um ibio is a bit tricky like there was a good setup here uh like this stock actually broke out late date gapped up and then it went sideways for most of the day you can see it on a 60 Minute chart this thing was didn't take like it the 258 was the highest of the day until late day when it broke out on high volumes 258 like this was a decent setup actually it was a better setup here this is a good this good setup right here but there was a secondary setup here before it made this big move idex yeah there could be could have been a setup here before it made a big move I and no had some some good setups I know I did trade it on this day here when it took out the house for a day late day but it's a variation of a setup here was a really good setup but it didn't have any follow-through um here was a really good setup look at this thing makes a big move pulls back my support on the 20 day builds higher lows and has this tight range and then it breaks out five star setup and then here yeah he here was also a setup the first bounce of the 50 day build some tight candles and then it has a breakout candle from that range again you know you need to find a stock that makes a big move then pulls back and or goes sideways for a while find support on either the 10 to 20 or the 50-day moving averages you know bounce and you know start sided building higher lows like here or has like an undercut and reclaim like here and then you know breaks out of a tight multi-day or multi-week range like it's the same setup at variation of that setup over and over again um here like here was a maybe setup I would have preferred maybe a bit more sideways upstairs livongo had many you know I've traded this thing this thing has been my biggest one of my biggest winners this year here was a good setup here was a good side like here was a good setup but it would have stopped you out the next day that's exactly what happened to me um and here was an okay setup was it um but here this was a really good setup and I traded this one and then it was also a really good setup right here uh let's see now things are triggering what's triggering SPG RCM I'm intrigued by this SPG just coming out of a low range they had some news with Amazon uh they have earnings after hours but I don't think it matters to be honest this is another type of trade you know you shouldn't you know do this trade it's just a variation of things I do uh 66 oh [ __ ] I just bought 31 000 shares of this thing but again this thing could cap down to 60 bucks after hours they have earnings but I'm thinking all of these like uh bottom bottom stocks are going all gas names uh Cruise Lines Airlines like this is just like sector momentum on this thing like on a weekly chart it looks pretty good I mean building higher lows and has this tight tight range again this is not what I'm trying to teach you it's just a variation of the same thing but you should focus on that once the bounce of the 10 20 50. tomorrow really nothing here Mark uh Mark had a really good setup right here really good setup mcrp oh [ __ ] what a big move it's wow this thing is up 600 today holy [ __ ] and my K uh okay here it had a pretty decent setup we're not I don't know okay setup I guess here it was a bit sluggish but you know this is an okay setup matador [Music] no and I listed several good setups right here right here and right here these are really good setups nvac setup perfect setup right here and if you would have followed this cell rules you would have sold uh a third to half of your shares on one of these days here and you would still be in the stock okay you would be up or 260 percent on the rest of your position the other half for two thirds because it hasn't closed below the 10 days since and this is why I'd Advocate you know trailing some of your shares on on the 10 day because sometimes you can catch something like this and these things are really gonna add to the bottom line in your accounts you know you catch a few of these now and then oh man that these are the ones that are going to grow your accounts exponentially opk this one I almost traded I I didn't pull the trigger um it wasn't that clean I was set up um it was a bit choppy but it was kind of you know surfing the 20 day then it started kind of Surfing the 50 they built higher lows for several months and then it started getting Tighter and this is a covid-19 stock so when you have a sector momentum like if it's a leading sector the setup doesn't have to be like really really good it's okay if it's like a three and a half four star setup it still counts like a five-star setup because if if everything is running in a sector you know there is increased probability of success so this was a pretty decent setup if you put it in context that it's uh you know the strongest stock sector in the stock market for the past three four months here's another this is a five star setup this is like a really perfect setup and now it's going sideways like it had a good setup here too a couple of days ago uh looks like you know so far it hasn't had much follow through but in a few days when the 20-day catches up it's building higher lows had this arranged here this could be a setup you know later this week Overstock this thing had some really good setups along the way this is a really good setup and this is a really good setup and you would still be in it because it hasn't closed if you bought if you bought it here you would still be in it because it hasn't closed below the 10-day moving average since I'm telling you you kept someone you know you you know you catch some of these moves you know these things up 300 from this trigger right here 300 percent you catch these kinds of Trades now and then these are the ones that are gonna grow your accounts Penn had a really good setup here and unfortunately didn't have much follow through then it had a good setup here too but it you know it would have stopped you out and here it was kind of a decent setup like what it did you know made a big move when sideways bounced off the 50 days built higher lows of the 50 day and then it kind of gapped up and took out this big range here so it's not as obvious of a setup but there there is a setup here but it may not have been that clean of a setup and there and there it was like a secondary setup here but that would have stopped you out because you know this stay here it would have stopped you out her plug really good setup right here like sometimes you know stocks Gap up over there like entry but you can still have a tight stop on it if you do it like opening range highs if you if you are you know ready to buy opening range size prty I really don't see any good setups here pivac nah I don't really see any good setups here Redfin uh maybe yeah this one was yeah this here could be oh like okay setup not really that obvious but and then here two wasn't like you know maybe set up you know it it just you know built higher lows and then it had like four tight candles and took out this range but these are not like perfect setups or our crsc no it's not really it's a sluggish one run had a decent setup here I would have preferred a few more days of sideways personally but you know you got the a clean bounce of the rising 20 day this is like a big momentum leader srne well this one I mean I traded it here I traded it here on this entry here I unfortunately didn't follow my cell rules and it wasn't the five-star setup it was more of a sluggish name it had been gone sideways for a bit too long but here this is a five-star setup I'm still in it like quarter or fifth of my shares it's a double now from entry like this is a perfect looking setup higher lows keeps surfing the 20 day and then it starts getting really tight and has a breakout day [Music] um like this was a decent setup and here was a good setup TRV and a solution well this is actually a pretty decent setup if you were ready to buy the opening range size now there's no entry here but this is a pretty decent one momentum leader High ADR surfing that Rising 20 day and you know had this tight range and I was breaking out on high volume but the entry was uh like sub 180 subwo definitely sub 185 was the entry the average two range on this thing is 16 cents the lows of the day is 172. so your entry was no higher than let's see 188 no higher than 188 should have been your entry because one of my rules is that the stop shouldn't be higher than the average true range and yes I put the ATR back on on my shorts because you know I kind of it's easier you know just look at ATR versus the ADR if you wanna when you're gonna put your stops um uavs may be entry on Friday vslr this is exactly the Run they like I think run both vslr so they trade exactly the same vxrt it's potentially starting to build a setup here building higher lows it's starting to build a tight range it's not an obvious setup here but maybe in a few days it's a very high average ADR stock 14.2 percent Workhorse uh I'm stalking this thing I'm stalking this thing it's still building higher lows and has a range here I I was on it on this thing on this day here twice I got stopped out twice I lost 200k on it then I added bought it re-bought it on this day here and now I kinda sold it for a small loss on on Friday um and today it's uh it's just fighting on the you know it's it's trying to put in another higher low potentially if it can build uh like close like in the high 16s that would be a really good sign for tomorrow but it could assist you know easy to break down and go back to the 50 day too but if it you know can close strong that would be a good sign for tomorrow wtrh I really don't see any good setups in this thing maybe here you know maybe it kind of lost the momentum like it went sideways for a long time something and you know but it did break out of this long range on volume so it could have been a maybe setup and prts this one uh we looked at on stream the date broke out someone mentioned it several days before this is like Seven Star setup on a five-star scale this is like a big big move goes sideways builds a tight range and look at how tight it gets look at this thing breaks out and boom this is like a seven star set up on a five star scale memorize this this is the basic principle we're trying to like stocks move move like stairs right you get a leg higher sideways leg higher sideways you get another step higher sideways step higher sideways so we are trying to identify this the areas when the next step higher could be formed you know tight areas we're looking for tight areas so we can get a tight stop so we can get a good risk reward this is how stocks move like no no like this one is kind of a perfect one most are not perfect but this is the basic principle this is how stocks are moved in 100 years and there is no reason they shouldn't stop moving like this just because you know you're you're getting started in trading all right then off of short uh oh sorry swing trading School for today wow and wax this thing wants to go to the 250 Jesus Christ what a Relentless stock unbelievable Tesla took out Friday's lows so now it's some kind of back side this moving out it came out of this range broke below this range so now these moving average so 10 20 and 65 EMA are gonna act as uh sorry resistance areas so every time it rattle is uh back into these moving averages it's supposed to sell off and if it doesn't if it starts reclaiming that's when you cover but this thing could very easily pull back to a thousand bucks if you start getting you know get a decent pullback I'm short uh 3 900 shares wait am I yeah 3 900 shares 4.5 that's five and a half million dollar position so that's my biggest position by far over stock Overstock is kinda building lower highs and higher lows it's building a range on the 60 Minute chart like you know if it breaks out of this range so I'm gonna cover and if it starts breaking below this range hopefully we get a few more candles uh in this range and if it starts breaking below I'll add more to my short I think this thing could easily pull back another 20 30 from here all right oh man there's so many people have written stuff in the chat list so sorry guys I'm just not gonna read the chat go back 30 minutes I'm just not gonna do that too many people are riding a lot of stuff uh let's see here insg uh no show me my bison sells I bought it on this day sold the punch on the way up and I sold my last shares when it went red on this day here just because it got really extended you know this thing was like 60 above the 10-day moving average so I didn't even wanna I did I wasn't gonna Trail it on the 10 day you know that's that's something I do often I just you know when when I feed a stock it's really extended I'm not even gonna Trail it on the moving averages a lot of the times that's a mistake and may have been mistake this time too he uh uh not today maybe in a couple of days um no yeah no iron is cheese just you know there's no there's no momentum here where's the momentum it's not a clean setup you need to look at the 10 and it's just it's just been in a shoppie Range it's not a good setup ncphy what m p c h y no what m m C pH you know what [ __ ] French stock let's keep the American stocks I I can't [ __ ] this OTC takers Billy no not yet uh yeah b-list for now it's dumb let's see how it acts on the 50 day right now it has the potential to build another higher low of the 50 day and in this case if it replenish the 50 day we could get a good setup in the next few days but right now uh yeah we'll see actually racist actually not racist TTD uh TTD had a five-star setup here where we bought it or at least I did I knew some other people did too uh right now there's nothing here [Music] you don't have to pay extra taxes it's an OTC stock it's a French UTC stock I just got the uh you know I couldn't get the sticker I hate though to see Takers they're like usually like m m c p h y like five letter takers and there's just weird you know I just you know I couldn't get to take you through uh JW and let's see no flgt what's what's FL GT uh no not yet tffp uh uh maybe on Friday maybe set up on Friday but hey cam no ADR 2.3 percent no just no stick to the stocks have ADR so you know five six percent or more uctt uh maybe may there's a maybe set up developing Maybe Maybe I don't care if this company has the massive Insider buys like I'm not an investor I'm a Trader I don't care about The Insider buys or inside yourself look at look at something like mRNA this thing had massive Insider sales since like I don't know March April you have to stop this up you know 100 100 200 since like for the Trader it doesn't matter if a stock has momentum you know oh sorry it's gonna keep going up for it and you know if a stock that doesn't have momentum is massive Insider sales the spice and you know look if you like it fundamentally buy it as an investment but it's probably not a good trading stock or setup uh no I usually don't consider early entries uh wuban wins uh wins [Music] now you know if it if it starts breaking about this 30 area on big big volume um yeah maybe but it's yeah who buys a buyout this is not a setup it's a buyout DFS uh uh it's not really that great of a setup it had a DFS at a really good setup here this is a five-star setup I'm gonna show you guys this is a really good setup oh man this is just an incredible setup makes a big move and then it pulls back finds supporter Rising 20 they reclaims starts riding it builds higher lows and then he has this big big tight range and then it gaps up on volume opening range size on this day that's the entry look at them look at this thing boom plus 55 percent in like a couple of weeks it's a really good setup I'm just trying to go back everything and shot oh when TX is uh building a setup here maybe if it breaks out tomorrow or in a few days that could be good um and nail yeah uh ADR yeah absolutely like ETFs the same same principle the same pattern supply high ADR High momentum and you know it's the same patterns like this is actually good setup if you were if you had you know scan for these things like ETFs you can apply the same scans for ETFs yeah this is a good setup if you was were early in the like high 44 slow 45s that was the entry stink could easily go to 60 plus rdhl where's the setup here come on guys where's the setup it's just a random stock that's been up several days in a row whatever what are we looking at here lazy um it's a maybe setup like opening range size we're in like low 14s uh it's a yeah maybe set up it had a very good setup here and here like this is a maybe setup if you were early on it now it's not a pie here but you know we went TX we went TX there are no earnings on this thing it's a no Revenue biotech but the earnings here they report in two days but you know there's no Revenue biotechs uh sometimes they report data on their earnings so that could be a risk but you know this thing has no earnings but they could maybe you know report data and you know if it's bad data it's going to be down 70 percent overnight yeah whoa look at this Ultra Liquid stock only the ones who have like tiny accounts to trade this thing this is a five-star setup who who posted this violin stump you get a gold star while and some is going to be a future millionaire there you go this is a very good looking setup this is a really good looking setup look how beautiful it's surfing the 20-day building higher lows and it's tight tight range this is a really good setup yeah but I can't mcphy I can't get it like there's no such stock in my in tc2000 mcphy there's no such stock that's why I got pissed off that's why I said [ __ ] French dogs no that's why I said like only that people with tiny accounts should be training this thing like if you have a really tiny account let's say let's say let's say less than 10 15K yeah guys just mention American stocks or stocks that are on pink sheets like let's just focus on stocks most of us actually can trade and that I can actually get a short for of our pay uh no it's it's too shoppy it's too shoppy it it look at like it was trending nicely okay it was trending nicely but I didn't because I lost the momentum it's it's just you know lost the 50 day it's like it's not a good setup here it got sluggish it should firmly hold above the 10 20 or the 50 day but it kind of broke down and now it bounced back and now it's just there's nothing there vslr there's nothing here today here's here was a decent setup let's see TTD is right on the 10 day um hopefully can bounce here but if it closes below I'm may sell I don't know I haven't decided if I'm gonna use the 10 or 20. like I use both the 10 and 20 as my trailing stops uh sometimes I use the 10 sometimes the 20 depends on the stock but you should always use the 10 just easier um the code that's codex may stop me out today uh it looks like it may close below the 10 day Peloton my entry is way lower but if it closes below the 10 day I'll get out foreign this one reports tomorrow question is is it pre-market or after hours after hours tomorrow okay I'm gonna move my stop aggressive on this thing um because you know this thing is gonna report after hours tomorrow so you could easily gap down the 45 or 40 or something so I'm probably gonna unless it closes really strong that goes to 55 plus tomorrow I'm gonna sell a lot of shares before the earnings I don't want to risk a big gap down or something wow srna Jesus Christ sometimes you know sometimes you're gonna catch a beast like these are the traits I live for you know it looks like a regular trade it looks like oh maybe it can go to 10 11 bucks right and then it goes you know then it bubbles right and maybe it even triples these are the trades like I'm addicted to traits like these like it's just it's a great feeling when you catch something like this it's just an it's just an awesome feeling those are the traits I live for [Music] um I'm gonna do one more scan and I'm gonna cut this stream I'm gonna I need to eat something again TT oh I was a decent setup if you recorded opening range size what the hell is this some random pump stock yeah a lot of these speed them down like all gas names Airlines these are the sectors that are moving today Cruise Lines some reads like uh what what's this all right CRVs um no not really nah it kind of lost the momentum now it's just the sideways it needs another PR or something to move hsic hsic um nah nah I don't know no not really if you can use Silvis more a few more days a V and W um you know what right now it looks like it's weakening but if it doesn't weaken like if it you know you know it's it's still building higher lows if it holds these higher lows it starts breaking out the next few days it could be a good setup this is actually a pretty good one if it if it breaks out you have to wait for it to break out right it's a very low volume stock like unless you and everyone with more than 50k in their accounts I should probably not trade this thing but if you have tiny account this could be a good one avtr uh no not really maybe we can go sideways another two three days maybe then what I think of stock twits I don't know I never really used it I don't care I I don't check Twitter uh it's just a like stock twitch it's just a bunch of Clueless people tweeting about stocks it's a big waste of time focus on setups if you focus on setups in a few years you will make more money than the whole of stock tweets combined LPC um [Music] no not really look stock tweets they like that I'm not I don't want to say that like the dumbest of the dump but it's just a bunch of Clueless people who have you know they're just pumping their favorite stocks they have no idea what they're doing and then if you're like negative on something if you if you mention a stock in any negative way you can have a horde of a crazy Maniacs attacking you it's just a bunch of trolls uh just avoid it not you know there's no value in stock it's I don't think there's any value in it okay guys uh I'm gonna cut the stream now thanks for joining I hope you got some value out of the stream uh don't forget to study setups on your own it's all about you know looking at Big winning stocks and looking at recurring patterns okay maybe you will find patterns that I I don't see like you find a pattern that I haven't noticed and you know if you can build a trading method around it you're gonna make a lot of money it's all about you know you you know exploiting the same patterns real you know occurs same patterns occur over and over again right it's all about identifying those patterns looks like this kumu is breaking out this is a five-star setup it really is like you can reach like 20 cents on it to make a buck two bucks really good setup yeah I know but like yeah guys we've been over Kum is a very I I said it like if you have a big like if you have a tiny account Kuma is you know you can trade Kuma if you have a but only if you're like a 10 20 000 account if you're a bigger account than that you know ignore it it's it's too it's too liquid it is very liquid only for those with us very small accounts foreign guys uh I'm gonna cut the stream now uh Happy Trading don't forget to put in instead of you know trading like crazy Maniacs the rest of the day um unless you're a day trader you shouldn't do it uh what you should do is uh study setups that's what you should do rest of the day should you spend studying setups okay good luck and I'll see you tomorrow thanks for joining good morning good morning guys wait ITC you see the canopy stocked now didn't this used to be a crypto stock no never mind never mind this year this has always been a cannabis stock oh yeah no back here it was a crypto pump back in early 2017. all right foreign I had 3 000 shares of Tesla uh yesterday at the close I covered 2 000 of them on the split news but I'm still short a thousand shares and yeah I'll talk a little bit more about Tesla later good morning good morning to everyone except the people who trade real money any opinion on square and Fiverr Square probably needs a few weeks to set up Fiverr same thing here I'm short fiber since uh this day here I still I'm I still have like half of my short I'm thinking this thing could pull back to Mid low 80s over the next few weeks but this one too you know in a couple of weeks maybe we will get a good long setup in it right now I think it it's probably gonna go lower I also updated the FAQ with my uh favorite trading books with the top trading related boots FAQ let's see grow um [Music] maybe maybe it would be better if it went sideways a few more days and my k did this thing uh it's not a no it's not a momentum leader it's kind of sluggish right is that a good move here but like the past few months like it's been it's been very sluggish and what yeah no I don't think it's a good one have you ever been on a stupid uh boot camp at stockpino only um it's a slow name slow mover ADR 3.6 don't trade this one the setup is okay I guess but it's just a slow mover exart team no it's not failing just just digesting the move look at it's just finding support on the rising 20 EMA it's just at a random pump midday I don't know why if they had news or something because the thing is it was you know way down on the day it was down like six percent on the day and then it had this big reversal midday foreign thank you oh no the next I am it's a buyout uh candidate I don't know you have to read up on it this thing may be tight just because it's um for buyout thingy I don't know if it was just rumors or if there's a real deal here gotta do some more research but the in either case the ADR is 2.1 I avoid guys you give me a lot of stocks with low adrs you should check my past swing trading uh schools I've uploaded them since last week just go to my YouTube and I usually uh you know written in a headline when the it's usually like it lasts like 30 to 60 minutes it's the swing trading School you gotta put the ADR in your scans like I get it like 30 percent of the stocks they get are this low ADR stocks uh missed no buy setup on crsp [Music] it's setting up uh I don't think it's right there yet but uh yeah it may be setting up for like next week or so yeah that's something you're watching like Tesla is my main watch today probably made my only watch to be honest I really don't see much right now I think the market is in a shoppie period like we are hanging out near the highs but you know under I just see a lot of I just don't see much exciting I don't see many good setups I think we need the you know need a couple of weeks for things to start setting up again uh and we may finally maybe starting get you know start getting some pullback I went short tqq yesterday 10 000 shares in case we get a deeper pullback maybe back to like low hundreds or something [Music] um but anyways Tesla like you know obviously Gap it's gapping up on the stock split news but it's gapping up do you see where it's gapping up it's gapping up into the declining 65 EMA like if it starts getting rejected like taking out the opening range lows and stuff like that I'm gonna add back those two thousand shares I covered I'm still short the Thousand uh but I'll I'll add back those 2 000 shares and maybe even add more like if it's if it sells off on this news like it's gapping right into the lower end of this big base this High food mid High 1400 area let's look at the pre-market data it is highest 1490 um and I covered those 2 000 shares unfortunately near the highest like 1487 or something but you know this thing could could have been 15 15 pre-market so you never know anywho that's why you just got a bit of obey your stops no matter what um so yeah I'm watching this thing other than that not really much going on covered some Overstock I added I covered some into weakness yesterday at open then it had a big big bounce it bounced 20 percent uh and then it started started building higher lower highs you put in a lower high on the 60 Minute chart and then enter they start building lower highs and had a range break here in the low 97s that's where I added another like 8 000 shares or something and those I've covered late day on pre-market so I'm down to my core uh which is well I'm not entirely down to my core I have more than a core but I'm still sure 29 000 shares I think this thing goes back to 70 bucks minimum probably 60 bucks over the next few weeks handwax this one I showed it yesterday opening range yeah I didn't stream yesterday right yeah that was yesterday yeah I was trading for my car I had a dentist appointment it was like a specialist seeing it with us special like X-ray camera thingy that spinned around my head and I couldn't get the home in time due to traffic and I was I wasn't even planning getting home but there was just an insane amount of traffic so I had to like stop so stop on the road um let's see so nvaxo shorted opening range lows then I added late day when it got rejected of the declining 10 they moved 10 EMA added more in like 163s so I'm short eleven thousand eight hundred shares Fiverr Fiverr is still weak kind of building lower highs and uh Zs is right on the 50-day let's see if it closes below the 50 day I'm getting out of it W now this one like literally here is when I bought it okay and there was some guy on YouTube or Twitter I don't remember like I I it's just hilarious I'm trying to make a pointer okay so how no it doesn't matter how much you hate the stock or a company okay if it if there's a good setup on it like if there's a five-star setup on it you have to buy it okay so literally like I bought it this day and I uploaded it on YouTube the video and the guy saw it and he's like hey I see your long W you should uh stop trading right now and the stock goes up 42 percent in the next what seven eight nine sessions and this is literally the strongest stock in the markets right now except for these you know random micro cap pumps but you know if you look at the real stocks they're like mid and large caps this is the strongest stock out there it literally hit all-time highs yesterday it get you know bounced off the rising 10 day perfectly and he you know it's straight up hit all-time highs like uh you know the point is it doesn't matter what your opinion is like your opinion is [ __ ] it doesn't matter you know I don't care who you are and the less money you'll be made in the markets the more shift your opinion is like my opinion is [ __ ] that's why I trade setups like I've been wrong on so many things and yet I've still made money on them because I trade the setups okay with that being said uh it's not really again there's just not many things I see like Pinterest could be interesting maybe for next week or the week after it's holding really well after earnings at a very high volume day 112 million almost shares this is a large cap name uh I know they had been you know a lot of call buying lately and you know it's just you know the 10 and 20 days are moving averages are you know the 10-day has caught up and maybe you know next week or so or the 20 they will be catch up and then we may have a good setup on this thing I'm I'm long a few shares I've sold like a third so far I had 30 000 shares I think I have 20 000 left uh but I'll double triple that position I could set up um yeah I just you know there's just not much going on today is the day you manage positions just literally no good setups anywhere mRNA gapping up into the higher end of the space um it looks like it may be getting rejected of the 20 day here and it's building on a base it falls off the 50 day yesterday so it's it's building a range here lrn this one I bought on this day and I got stopped out on this day here and no it looks like it's gapping up slightly on earnings XP had some earnings not really a great setup yeah and chew me I scapping down a shitload on sheet earnings the pump is failing all right that's that I really don't see much to do here today SUV tiger uh no SUV had a good setup here where's the good setup here like what I mean this is this looks nothing like the setup I'm trying to teach you here was a good setup this is a five this was a five star setup okay if you call it in that like 620s or 630s but now like where's the setup tiger uh tiger looks better tiger actually looks pretty decent looks pretty decent I would prefer yeah yeah it looks it looks pretty decent I guess four star setup uh salt ba what do you mean salt B I haven't been loan this thing prpl uh no not yet it had a setup here this is a five-star setup okay and now it probably needs maybe next week this is a good setup memorize that here's here's another good setup you see this you put these in your pattern databases uh takes pace could be like if it takes out the opinion range lows could be a short in it but it's too thin for me I'm not gonna trade it it's way too thin for me voxel is just a pump it's a Samsung pump they've been trying to they're pretty much like uh like a you know they sell like Samsung products and they trying to make it look like they have a partnership with Samsung it's just all a fraud you know obviously Robin hooders they believe that [ __ ] that they're buying it but you know LPS son no maybe next week nugget Overstock relative strength uh but it's near nowhere close to the 20. there's no relative strength here who's gapping down a shitload which the relative strength like the markets are gapping up quite a bit Overstock is gapping down if anything has relative weakness all right let's see markets open up in one second and let's go again I'm only watching Tesla pretty much I took a starter or added to my to my existing short a small starter 1300 share you know what a lot more I showed a 2600 shares of Tesla foreign use here but uh you know I may be that wrong it's a very tight stop that's the great thing about Tesla you know some really tight stops I added a little bit to my unbox short this thing has enormous downside like the 50-day moving average is almost 30 percent lower so he added the a couple of thousand shares to it I added like 3 500 shares short opening range lows okay Tesla so far nice followed through the opening range loads short this sandbox could really you know just think could easily go down another 30 percent like this thing is up or what's up forty two hundred percent it's still up like 3 30 100 from the from January since January the 50-day pullback would just be healthy price action this XP is breaking out with earnings like the setup coming here in today like it was if it was a regular breakout you know I you know it wouldn't have been that good but considering it it had earnings it it could be a setup like he had a better setup here but it could be a setup like a three and a half star but right now the markets are a little bit you know Breakers haven't had much followed through the past couple of weeks so something to take into consideration no tc2000 is just shorting foreign rate for 2019 2019 it was an incredible uh momentum Market 2019 was an incredible year for breakouts like the first four or five months and the last two months were just incredible wow and that's a straight down nice that's nice covered the tiny bit of end wax envo and vff um onward no it's this no it's not a momentum leader you can clearly see how shoppy this thing is like it doesn't have a clean Trend it's a very shopy stock vff uh no same thing it's it's really not a clean stock it's kind of shoppy especially for a micro cap nah avoid yes Spotify bounced perfectly off the 50 day and now it's back into the space here 265 area Redfin long and no you need tightness like here it was a good setup okay this is not look at how wide it's been you know you need tightness before the breakout not too wide action guys every year is an incredible amount of to make money every year this incredible opportunities to make money there's no as a short term Trader like either if you're a day trader or swing Trader you know you really have no excuse to make less than 100 per year no matter what year like if you're shorter shorter term I'm not that short-term anymore but if you combine you know there's just no excuse yeah well landmarks today was just the ad spot like I'm short way higher from yesterday but yeah it's um it's a nice one I've covered most of the ads mainly no probably needs a few it maybe next week it needs to build a base here thank you and wax is still like 20 of downside in my opinion easily it's still way off like I only covered the ads I still have all the shares from yesterday Overstock too I don't think there's any support on it until like the rising 20 day like there could be an ad spot if it takes out looser a day to be honest it could be an app spot there May hopefully the fit loses the lows of the day like later in the day another big you know five seven dollar fade or something that would be nice Pinterest look at how nice they undercut the 10 day and now it's reclaiming this is very bullish price action on a 60 Minute chart it hit the rising 65 EMA and right back into range this is very bullish action on Pinterest I think next week we may have a really nice buying opportunity on it this thing may want to go to 50 or something 50 plus oh GSX nice I'm gonna cover some more Chia sex into this little flush here yeah but where's the setup on an IO crops no no I don't really like it it's a shopping mcrb episodic pivot nah I don't need it's just it's a biotic name these are very very random like I don't know like I know it has good data but maybe we get a setup on it you know next week or the week after next what are we looking at here does it look anything like the setup I'm trying to teach you yeah it bounce off to 50 but where's the setup shll um yeah I'm watching it's kind of Surfing the 50 day but the you know it's this is a pump stock it's not really an Institutional quality name you know if it gets a pump on or PR you know if it starts taking out that high 20 area yeah maybe chew me at what happened the reality hit what about severe uh yeah you know what this could be a good one I think it yeah it could be a good one especially if it starts breaking out in the next few days guys BAC I I don't even have to pull it up like I already know it has a low ADR and and like where's where's the setup on it it's just a random very slow stock that's been going up for the past two weeks which is set up on it guys you need to watch and re-watch the short schools I've been putting up and then you need to re-watch them again like it's a very specific setup okay like a lot of the stocks you mentioned just a random stocks that have you know made some random moves again like Max through had a decent setup here where's the setup here it's just a random start that went up after it broke out of a nice little with a nice setup you gotta you need to be on this thing here not here this is where where you need to be on it Nicola uh again wish to set up Peloton I got stopped out of Paladin yesterday but you know maybe next week if it goes sideways a bit more it is it is hold it right surfing the 20 day uh it is holding up well but you know next week maybe take two if you got guys ADR 2.8 come on guys guys you need to put ADR in your scans you know this this this random slow stock you're never gonna make any good money on these things you gotta be in the fast Movers Tupperware yeah this one actually looks pretty decent uh maybe in a couple of days but this thing is a very clean mover this is exactly what we're looking for a clean move and then you know wait for sideways and uh and tightness and it's about it's it's a building on the tightness uh maybe later this week or next week yeah this is this could be a good one but it's too early CSIQ nah if you you know in the Solar sector I think scdg and EMP H are setting up much better but both for next week CSIQ uh it's not as clean I'd rather play scdg or emph next week chewy yeah maybe yeah apps no guys the 10th day or 20 it needs to when you're looking for a breakout okay it needs to be on the 10 or 20 or the 50 day this is like way above all of this it's 20 above the 10 day it's 33 above the 20 day like it's it's just the stock that made a big move here's a good setup look at how tight it is it's right on the 10 and 20. it's something in the stratosphere right now hey thanks migi that's a very good link guys look at what smiggy just posted you need to watch and re-watch those videos and then you need to re-watch them again my entry as early as possible as early as once it starts breaking its range that's that's where my uh entry is on those things on those on those setups uh GSX right now is bouncing off the 20-day uh which is actually a very bullish price action um but I'm still I I covered some I still have about half of my shares from last week Pinterest wow this thing looks great absolutely great for next week like a lot of there there are a lot of potential setups but most of them you know we need time like I think next week we're gonna start seeing some good setups again but most of them need some more time most of them need some more time oh wow igc straight up halted okay live person it probably needs more sideways again the 10 day needs to catch up like these kinds of setups like it's it's made a big move you know it needs to the 10 and 20 they need to catch up or at least a 10 day again it's way above the 10 day hmhc uh now it's very shopy and it yeah maybe next week maybe next week when the 20 day is caught up and it bits a bit more tightness PBI a good short I don't really see it set up here it's doubled in the past few weeks but yeah I mean maybe you know the 60 Minute chart like if it loses the 635 area yeah maybe it can pull back a little bit time Silo uh well Silo I'm long like Silo had a really good four and a half star setup right here that's when I bought it on the Stream um and now it needs to go sideways maybe in a couple of weeks again you know the 10 and 20 they need to catch up they need to be surfing these moving averages either the 10 or the 20 or the 50 or preferably a combination or of the two ones but this thing is just you know there's no setup here like where's the sideways no not clear and also this is like the mostly liquid stock ever guys you need to put at least the cup like say 5 million uh dollar volume cut off on your scans like this thing like trades a couple of hundred thousand dollars worth of stock per day like it's just too little like you know this this thing shouldn't be on any one scam you need to you know take your account size and multiply it by 50. so let's say if you have a ten thousand dollar account or or multiply by a hundred even better so if you have fifty thousand dollar account your volume cut off should be 5 million if you have a two hundred thousand dollar account your volume Capital should be 20 million and even like like no one you know should have uh yeah you should have at least like it say two three million dollar volume cutoff on your on your scans there's no reason to trade stocks that trade less than a few million dollars worth of stock it just too random the more I'm here the more I feel bad you have to actually say the same thing over and over I know my life sucks no come on I mean guys dicks what I think of dicks I I think some of my thing and if you you know they take your dicks I I can't even get it on my on dc2000 I don't know what it is yeah what's up with spamming the LPS Sun taker it's not a good setup there's like three people that mentioned it I'm trying to teach you guys a very very specific setup that anyone can trade and you don't have to you know trade full time to trade that setup you can you know trade it like you know you can do your scan spend 10 15 minutes scanning right find some good setups and then you can trade it you can do it from work you can do it you know it's just very simple setup but obviously you know it's one of the simple setups out there very few criteria you have very few things you have to think of it's just about learning the pattern like you have to like force your brain to recognize a good set up takes a long time but otherwise it's a very simple very simple setup you you you almost need no brain to trade this setup that's why I like it the less I have to think the better like you can literally make millions everyone in this room can make millions of the on this simple setup but you have to watch this short swing the swing trading schools I posted you you have to memorize those those patterns you have to do your own work you have to go back and look at hundreds if not thousands of past big movers and you know find these setups most of you are not willing to do the work wow mRNA sold off on the news now it's uh right on the 50 day again Fey what's the ADR and say why do I keep guys why do why do you keep posting tickets with ADR so less than five yeah I mean look the breakout trading like breakout trading works when the market is you know strong like I you know in a period like this [Music] breakouts don't work winter headless here you know in periods like this breakouts don't work and you won't get any setups that's a good thing you can just you know chill you can take a vacation like you know this is the NASDAQ you know when the 10 day the 20-day moving averages starts looping lower and the 10 day gets you know it's lower than the 20 day you know you don't trade breakouts even if you see a good setup you shouldn't Trade It right same thing here now I I trade different methods so I do trade during these periods I do a lot of mean aversion stuff and these periods you shouldn't trade like when that 10 day and 20 days start sloping lower in the 10 days below the 20 day no Trading no breakout trading and it's fine you don't have to trade every day every week every month this is where the big money is made okay this is where the D you get you know you wait out the bad times and this is where you know when the 10 day starts Rising higher the 20 days started gets higher the 10 is above the 20 day this is where double triple your account okay then you have periods like these that are like sideways you know if you can break even during these times you you go you know you're doing a good job and then you get period like this again you double triple your account then you sit down some these types of periods when it you know the moving averages start sloping lower the 10 and 20 and then you get a period like this where double triple quadruple your account boom and when the 10 day and the 20 they start sloping lower and the 10 day is below the 20 day that's when you sit and wait you go and enjoy life let the amateurs trade let them let them share in their accounts let them blow up and when the times get good again that's when you double triple quadruple your accounts boom it's very simple but it's not easy simple but not easy staying out of the markets is the hardest thing to do can you do this moving average to some tc2000 for free uh yeah I think dc2000 has a free version with like 50 minute lag but yeah I mean you can do any indicator for free as long as you have tc2000 Visa I can tell you right now Visa has low ADR yes it's not a momentum leader it's just been in a shop range for months and months it's a it's a very slow Mega cap stock there wasn't there's never been a good setup on this thing just avoid these things guys if you can't get the average daily range uh like you you have to put the condition in in tc2000 like I you know get tc2000 they have a free version with I think 15 minute lag but you don't need yeah like you can use the real-time data in any other platform like trading view just get the scanning in tc2000 like you know like stuff like Visa it's just a waste of time you won't make any money in something like this like this thing you're making a 10 move for this stock is a huge accomplishment you want to be in stocks that can go up 10 in a day if you go to my blog uh my you know you you can get the link in my uh on my Twitter profile or my twitch profile it's shorts and stories.com about okay like before you write anything in the chat before you interact with me in any way on any social media you should read this okay and here's the ADR formula I'm gonna make it let's see Ctrl f ADR okay here's here's the formula okay you paste this you copy this formula then you click here uh let's see no wait can you do this easy scan new condition you know uh like three month momentum scan wait let's do it like this I'll take one of my existing scans but just pretend you're making a new scan let's just take that you need to do this for one month three months and six months but let's just open this scam okay first you put a the first criteria is the dollar volume you click the plus icon choose conditions write the dollar volume right dollar volume dollars one day no sorry dollar volume click there and then you put greater than like no one should have less than five this is 80 million this 800 000 means uh 80 million or is it eighty thousand but then no one should have less than uh five million in their scans everyone should probably put at least like 10 million dollar volume cut off then you put the next one ADR uh you have to you have to make this you have to do indicators uh wait how the [ __ ] do you do that I haven't done this in a while oh gosh Library Jesus Christ how the hell do you do new condition is it a new condition oh you have to do this I think [Music] oh yeah you have to do this okay first you have to do like a new condition ADR and then you paste the formula ADR and then you save it right and then when you make this new scan let's take one month's gainers then you add it to the plus icon and then you click ADR and here it will be uh here no sorry here ADR 20 days is what I've named it and then you do a new one again you have to like make a new new condition and then you have to put it here like one month C Min l22 you do three of these this is the price change from the lows of the past 22 sessions that's one month and then you can do three months which is 66 or 65. and then you do six months which is what 120 130 or something doesn't matter the extent like the exact amount and then you do these three scans like ADR should be greater than I I use four but no one you should use at least five or six those with smaller accounts and then dollar volume at least five or ten million those are the only three scans you need to use that way and then you kinda I don't know how many candidates you will get let's just try it's just right now it's just uh like 36 minutes after the market so there's not gonna be a lot of uh candidates but I'll change this from 80 million to 10 million okay and then I change this to five percent and rank you have to click rank here and then I use like 93 like the top 93 percent gainers past 22 sessions and then a scan results I get 42 items now obviously when after the market closed there's probably gonna be over a hundred items here because a lot of stocks haven't traded 10 million dollars volume yet but they will have uh at the end of the day and then you have to tweak the criteria you either have to like increase the ADR like if you say if you get more than say 50 or 60 results in any of these scans you have to either increase the dollar volume increase the ADR or increase the ranking here or a combination of all three you shouldn't get more than 50 or 60 results in any of those scans holy [ __ ] and wax oh my [ __ ] god it's a six hundred thousand almost seven hundred thousand dollar trade since yesterday I hit the oh [ __ ] I got a big one like obviously I I don't really uh recommend shorting for anyone with less than a few million in their accounts uh it's it's much harder than going long in my opinion but holy [ __ ] for those who have this you know earned the shorting um uh which didn't work whatever for those of you short this was a home run oh [ __ ] can you can we get a million oh if this thing goes to 100 bucks potential a million dollar trade oh [ __ ] I got stopped out of Tesla looks like Tesla is strong you know what um I I covered the ads I took a thirty thousand dollar uh loss on those uh 2600 shares I showed it uh but I'll keep the thousand shares I'm still short I'm gonna use the after hour size that's my stop I want to see how it acts later in the day right now it's strong because the markets are obviously also very strong but we'll see maybe we start selling off later in the day and in that case we'll see otherwise if Tesla's close is strong I'll cover their last thousand shares too hmm Ubers oh I've just Overstock could do what um nvac just did holy [ __ ] I still have a 10 000 shares short of envax uh or wait how much is it down 40 no you know what I'll cover other four thousand shares right here I've sticked six thousand shares left I'm gonna trade them I'm gonna trade these six thousand shares uh yeah well biotech stocks especially like the micro and small Gap biotics obviously yeah there is added risk of trading them and if you're unsure don't don't trade them there's so many good setups in non-biotechs there's just you know generally you should just avoid the small cap biotics no I don't use tc2000 for trading I I just put the white lines on the chart to visualize where my stop area is it's just easier to keep track oh yeah exactly I hooked the blue whale you have tried three million dollar volume yeah yeah you should most just everyone's just you should just use like 10 million or something oh tc2003 doesn't have the shark tools or the scanning capabilities okay I didn't know that yeah it's a tc2000 gold how much is it worth than.com wait where did that Thomas down no it's not oh here it is let's see tc2000.com let's see pricing so let's see silver wait don't they have a free one silver let's see oh yeah probably yeah most of you probably need to get it's 25 bucks per month come on like everyone should get it like you know you don't need anything else you don't need the always you won't do the annual thing it's 25 per month you know it's really like you know you should invest if you want to make trading your profession if you're determined to make millions you know you should invest in the correct tools and if you can replicate the ADR formula in like think or Swim I think you can like you know there's nothing wrong with using think or swim but it's all about identifying the strongest stocks that have their most volatility that's the principle now it doesn't matter what platform you use like I use tc2000 I have the formulas for tc2000 but if you can replicate anywhere else that's great but it's all about avoiding the slow stocks like like today like you know I've got it like 100 uh you know suggestions or tickers I looked at just in the past hour and like a third of them which is slow and sluggish stocks like it's a waste of time gotta be if you want to make a lot of money you gotta be in the fast stocks if you want to have aggressive returns you want to have triple digit returns year in year out you gotta be in the fast moving stocks let the amateurs trade the slow moving stocks let the billionaires trade the slow moving stocks you know those of you who don't have you know many millions in their accounts or tens of millions or hundreds Millions stick to this fast moving stocks wow Tesla is so far really strong you know what I'll just cover the last thousand shares I'll just cover it you know it's just in the inside of a range I I want to see how it acts here in the 1500 area or on the 20 day but so far the teslaction is very bullish but obviously markets are strong to oh tqq is really strong I'm gonna cover it I shorted it like late day yesterday when it broke down below this range but I just covered it took a 45 000 loss on it markets are very strong but this end wax this thing is paying for so many uh small losses and once you catch a big one you know you you know a big home run trade now and there it's just kind of you know it those are the ones that gonna make you big money you know what I'll cover a few more I'll cover I'll keep 1400 feet uh 4 500 shares of nvx it's like third size I I've covered two thirds now from the overnight and also obviously in Tradition whatever today's ads are covered way like already covered like what I thought Tesla would do would be something like this like a gap pop into the high end of the base and then a fade back but obviously Tesla is very very strong uh but I don't think you know we'll see what happens like it's right in the middle of this range this High 1400 area like if it starts fading here and taking out the downside ranges so I'll get back short but if it reclaims it reclaims this like high 1400 area starts building higher lows and you know gets Above This 20-day moving average here you know we may have a setup on the long side coming right now I just don't have enough information to know if this is gonna go higher or lower it's just inside of the range now I've just Overstock could do what nvax just did I I'll be very happy fanvex or sorry Overstock takes out looser a day later I'll I'll add to it I'm sure 29 000 shares but I'm gonna add to that thing I'm gonna add another 10 15 or so look at these apps if you bought this five-star setup okay this is what I'm talking about Big Move okay pull back sideways uh in this case it stopped surfing the you know it served it to a 10 day 10 20 there for a while uh but then it kind of you know went sideways a little bit further but then it started building higher lows and a tight range and broke out of this range right this is a five-star setup and now you know you should have sold you know a third or half on on three on day three or four or five and you would still be in half for two-thirds of your shares and trade trade this thing with the 10-day moving average this is why you always Trail some because now and then you cannot catch these stocks that double or triple in a short amount of time those are the ones they're gonna make you rich okay those are the traits that are gonna make you rich everything else is just the grind you gotta find those home runs the home runs are gonna make you rich okay most of the time trading is just a grind like 70 80 percent of the time but now and then the market Gods bless you with a home run all you have to do is identify these setups and follow the rules that's it Facebook um Facebook is a really good setup very slow moving stock but yeah it's a very good setup for this type of stock but you should know no one here should trade Facebook it's just too slow what about Target earnings yeah damn there's so many alerts going off what's going on here here sitting I am looking at some of the solar names like run and emphs I did just consistently showing strength [Music] um I don't know I I think I'll do like emph I prefer emph it looks tighter had a better setup here but uh I don't know I don't know I'm a bit unsure yeah that means solar cell fslr spwr yeah the whole sector is breaking out scdg acidity is not very strong today foreign guys emph there's been short seller pieces on it since many years back I'm gonna show you emph here prescience point back in mid-20 July 2018. Here We Believe stock is worth no more than one dollar and one Cent per share okay this is this hit when the stock was six bucks okay uh two years ago okay and there's been several several hit pieces since Citron hear it here August September last year at 24 bucks 23 bucks right there's been several hit pieces and now look at the stock here presence the same firm that's that said the stock is worth the dollar and one cent at six bucks hit it again here at 46 bucks I mean these guys know nothing like it you know for trading purposes maybe it's a scam I don't know but the market apparently doesn't agree just follow the price these heat pieces are just you know Chia sex too like if you had just trade at the setups you would have made money gsx2 was hit by both uh Citron and Muddy Waters and then boom went up uh in a couple of months with up 300 percent the seed pieces are you know it's just a waste of time foreign like Muddy Waters uh nailed a stock the second back in 2011 day two of my trading career sign of forest that thing went down 90 the two days and was still listed it was a total fraud so sometimes you know these guys are you know able to do some really good stuff but a lot of the times their short pieces are just weak and you know it's just weak okay W so far it's surfing the 10 EMA on the 60 Minute chart this thing is just you know incredible demand for the stock draftking I bought it yesterday this is not the kind of setup I'm teaching you guys it's a bit of a slower longer bass breakout but I bought it Tesla green on the day now now a lot of things are acting good we got the morning the shake out that in the morning strength that has been the theme the whole week now three days in a row LK yeah okay was a good one they were uh at first still cake went higher but then it crashed yeah sometimes they they are really good but many times these short seller Stitch is so wrong like Shopify like I think Citron hit this thing when it was like a hundred bucks or something here here Shopify a business sturdier than HLF if the company has 2500 plus merches and 20K Advanced who are other 470k Merchants Target 60 being generous so sit there and hit this thing at 115 bucks with a 60 price Target yeah what two three years ago and now this thing is over a thousand bucks like oh man if you're gonna short something you better make make sure it's real fraud I I mean like these you know it's just not worth it you're gonna get run over uh space there's absolutely no setup here yeah a journalist from Wall Street Journal wrote to me on Twitter he uh wants to do um he wanted to chat with me about my Kodak trade hey I I'm uh yeah it's kind of insane Wall Street Journal man what the [ __ ] who would have thought when I posted that video on YouTube I have to do my stupid [ __ ] trade on on Kodak like that that tweet went [ __ ] viral I think I think I got more interactions on that tweet than on all of my tweets put together over the past five or six years and I also got contacted by another newspaper but Wall Street Journal that's that's just that's just insane I'm gonna see if I find a tweet here here's here it is wait but he hasn't responded to me yet I emailed this guy but he hasn't responded to me here Wall Street Journal not every day yeah people like big numbers well everyone in the channel hey don't do it there's gonna be so many clueless people ah remember us when you write your book you're going mainstream I was here before you got famous well I don't know about famous but hey look The Shack will be a mess well I I have moderators like if the chef will become a mess I'm I you know I'm gonna you know mute people left and right like people who don't just you know follow the rules like I've been really nice and patient for um look I'm still getting you know asked these basic questions like this you know that I get cast every single day but you know I I'm gonna put I need to put something on my to uh twitch page I need to have like this command that shows I I've been lazy but I'm gonna get get it fixed it just takes time I'm too lazy people like losers yeah foreign include your buyer and the water it is probably just gonna quote me on like a couple of it's like and he's gonna do an article about me he's just gonna you know probably just get a quote or two from me like oh a guy that lost 1.5 million uh you know blah blah blah he may not even mention me you know I like my name I don't know I have no idea a gambling addict a friend of isildur one lost about almost 1.5 million gambling on Kodak if you get the word search Journal check Swagger will notice your holy [ __ ] if I can get into the market research books that's like a dream dream of mine I love those books oh man if I can get into the next I mean the next one is coming like in in a few months but in the one after that that's that one is probably gonna come in the next 10 years if I can get get into the next one that would be awesome it's not a full page it's just gonna be like an article of on Kodak I I guess and you know they just want you know some people who traded that stock I guess but it's pretty oh PDD man this thing looks good oh man I I I I don't know man it looks good they have earnings in a few days but the Shiner names are all showing strength I I need to I need to like it's been building higher lows too and into this range so I'm gonna risk so it's up about half of the average daily range for now almost a little bit more than half so it does qualify foreign earther loses 1.5 million in Kodak stock what about that how about that foreign [Music] hey at least I'm not an anti-vaxxer right oh oh man hey no one can be perfect nobody is perfect okay we all have our flaws okay just have to accept that thank you yeah W is acting really well thing is a really really good price section Pinterest it's kind of starting to break on the 60 Minute chart but I'm not gonna add to it it's just not the clean setup now and now a lot of stocks are acting really well But the spot they find Shopify these things are still deep in the red or at least the Shopify Spotify Spotify so it looks a bit better we'll see how they act then relax and that's if this thing closes strong I'm gonna cover it what's Kodak doing I could like I didn't see it at first I I saw it afterwards I think uh but this thing did uh they did something yeah this thing what tripled no doubled intraday had one two three halts on the way up and one two holes on the way down interesting and now the Airlines and cruise lines are fading and the growth names are starting to pick up the steam you know it's yeah or actually not all of them are fading some of them are okay trading is so easy everyone can do with the tone wow Kirk look at this I'm telling you guys that have small accounts you have an incredible Edge like it had a good setup here it had a good setup here and now look at it you know this thing is a double triple from those good setups like especially like look at the ADR 12.5 okay you're not gonna get this type of a move on a stock like Amazon or Facebook low ADR stocks you get doubles and triples on low 80 on high ADR stocks this is how this is why I want you guys to use for 80 over or ADR ADR of at least five or six in your scams like I can't trade this thing like I can't even put 12 of my account in this thing without pushing the stock up 10 like it's impossible I just can't trade this thing but you guys with smaller accounts you have a big big Edge if you just learn the setups and developed the rule develop your own rules or just understand what what the rules are for and why you know you can make so much money Kumon yeah it's a mark minervini pump now it's failing I guess he's selling it now right but you know key is to see if it builds higher low you know if you bought it your stop should be the low so the breakout day and it's right now it looks like it's finding support on a rising 10 day or not that high but 5.8 that's actually pretty high for a mega cap stock not a lot of Mega cap stocks are this high adrs for example Nvidia has about the same market cap but this thing has only 3.3 ADR well Tesla's 5.8 almost twice as much huh Kirk entry 729 or 7 30. 729 was the entry that's when it broke out 7 30 was just a follow-through move this is where it broke out what about spot I've been talking about Spotify the whole day I already got stopped out of it it looks good it just failed a breakout today oh yeah crypto swing trading special yes I'm gonna do it in three minutes I'm just gonna do a few scans here first the CPS is setting up nicely if you just can get a few more days of sideways that would be a really good setup on EBS this thing has insanely good earnings also [Music] um all right let's see I'm gonna set up that I'm just gonna start with Bitcoin like I'm gonna show you like you know with these techniques you can make money in any asset class like they all move the same like you get the exact same patterns like exact same patterns I'm I'm teaching you on stocks they work on crypto too I'm gonna do it in a sec yeah guys you know you know there's no need to front-run other chat rooms we don't need to know that like let them buy this thing like let them do whatever they want let's focus on setups let's not focus on what other others are doing like it's it's a large cap stock like some small day trading room they're not gonna move this thing much yeah cwh had a setup a few days ago yeah following through now this is exactly what we're looking for you know a big move pull back and then it starts building higher lows and it surfed above the 50 day and then it built higher lows had a range here broke out of that range and now it's following through this is a four and a half star setup yeah I talked about it last week and earlier this week Twitter oh Twitter is now starting to move too okay um how does Twitter die like it's been relentlessly building higher lows that's um you know what Twitter reminds me Twitter reminds me of like here back in May 2018. it's not as it wasn't as clean but it had made a move it was relentlessly building higher lows and then it just you know started going and you know started speeding up and went like you know went up like 45 40 in a couple of weeks I think Twitter could do something similar here but this is a better setup in my opinion and I think it has a catalyst too like we know that they're working on a subscription model I think that's the Catalyst for this thing to fuel it higher they don't have the earnings to fuel um but they do have that catalyst just the expectation of future profits that's you know that's really what the stock market is all about it's all about the future but we'll see we'll see Pinterest this tree breaking out of this range here Twitter uh Twitter it's a slow start none of you should trade it there are so many better stocks for you guys to trade I I had no choice to trade this lower ADR it's a higher price liquid stock like for me it's perfect but none of you and chat should take this thing not the single one unless you have many millions in your accounts don't even think about it otherwise uh trpn no it had a deep semi decent setup yesterday now it's just enormous land foreign shares of Twitter let's go flgt uh no it's not a there's no setup here today axu uh nah it's not a very linear stock it's a shoppie small cap stock just avoid shock these small cap stocks like large caps you can sometimes you know okay if there you know some shopiness but you know small caps you should absolutely no shopping us at all DraftKings don't trade traffickings it's uh it's not the type of seller yeah it's too early to enter pldt now I'm starting to get these random stocks again guys before anyone puts more setups here go go look at my swing trading school like these there's no setup here the setup was two days ago neon uh now neon is a good one neon is a good setup that's uh that's a really good looking setup yes Valencia is on fire while in some uh uh also gave a good uh setup like yesterday or two days ago like a really good one valence time is gonna make millions mobile uh yeah it's a decent setup um maybe not a momentum leader but you know it's a good looking setup it is if you got it like no higher than say 610 uh you should you shouldn't be buying it here but run but did it trigger run never triggered in my opinion you want them to start moving a little bit higher like take out the previous day size Etc Snapchat you know this is a slower one but it's kind of triggering man now things are starting to move okay [ __ ] this thing I I'm gonna do uh crypto um where did that window go here it is okay let's start Bitcoin okay by now you know what my setups I'm looking for you know a stock that has made a big move thank God like like stocks and cryptos and all asset classes they move like stairs okay this is how they move generally they make a move then it go goes sideways or pull back make another move go sideways to pull back make another move this is like how stocks move right if you study any stock that's up many hundred percent or thousands of percents over many years this is how they move okay they move in stairs our job is to buy it here our job is to buy it here right is not to buy it here not to buy it here our job is not to buy it here no our job is to buy it at the exact time it starts to build the next step higher this is oh what the hell happened now uh this is this is our job now we're not gonna be 100 correct my win rate is 25 but you know the key is all about small losers Big Winners okay this is what we're looking for right and then you get the moving averages the 10 day the 20 then the 50 day the leading stocks keep surfing those moving averages and that goes for crypto too let's look at Bitcoin okay now this thing made a move this is this is back in 2012 okay this is like early so back here it was very liquid and unknown uh pretty much no one knew about Bitcoin back here uh but this is where it pretty much started moving making a move okay look at this setup it makes a move goes sideways find support on the rising 10 and 20 day moving averages gets tight as a Breakout okay then you get like another you know little bit of a stair step like in my opinion there was no set a good setup here but you know you get another breakout okay then you got another one another stair step look at this higher lows go sideways gets Tighter and Tighter serves the 10 day another Breakout okay and then it kind of goes sideways for a while and here again after a while of shop it starts surfing the 10 20 and 50 day gets tight a breakout you know a range break look at what happens to it and then you get like these smaller stair steps like here here here here here in my opinion these are too short to trade uh but you know look you could have used the 10-day moving average right as you're trailing stop look at the movie we record look at this thing it never closed below the 10-day moving average this thing was a 10 bagger more than it went from what this breakout here 1340 1350. it didn't close below the 10-day moving average until this like you know it went absolutely parabolic like you know you you wouldn't be crazy to settle at least some into strength but they didn't close like until you know it went to 260 almost that's like almost a 20 bagger it also had a very this is a very good setup okay this here it actually went sideways for a while this is a high tide flag it serves the 10 20-day moving averages gets really really tight okay another this is like a five-star setup like like this is like a perfect one and even from this setup it goes up like what four or five hundred percent in a month right and then it has a period of shock you know pulls back to the 50 days starts kind of building higher lows then it fades you know it made a huge move so you know needs to digest that move then it kind of starts training again like there's a potential setup here not a very powerful one I mean this move isn't that big uh but you know builds another stair step higher fails comes back into range breaks out of this range you know it gets tighter look the 50-day catches up to the price look at how tight it gets and then breaks out of this range all you have to think about the other 10 20 and 50 day moving averages and again here again perfect Breakout it serves the 10-day moving average goes sideways boom breakout look at this thing like look look how powerful this thing is triple squadruples in a few months right and then you know make another big move then it you know Fades back kind of you know does nothing for a year or whatever two years uh here he kind of finds a trend again but I really don't see a setup on it um any kind of shops around for a while again and now you know now it starts moving again and this is when you start looking for setups when when it makes a move big move on the 10 20 50 start uh uh moving higher right this is when you start stocking for a setup and here it is here it is look literally the next day we got a setup look at it look at how tight it is if it's in a really tight range it's Tighter and Tighter and with a 10-day catches up that's when you get the breakout right now this thing uh you know pulled back didn't double triple quadruple but was still a decent trade right now it kind of shops around for a while here it finds a trend again and you know they're like a potential setup here and this is not like five star here it gets really tight kinda breaks out a little bit not as clean um like here he has a shake up below the 50 day I said leg higher goes sideways tight range that serves the 10 day another range break foreign setup like this setup was really not tight like look how loose it is now it would have worked but you know you look for tight setups here I would have wished another couple of days of sideways for a tighter range but you get another breakout here with higher lows it's just not as tight as without I would have liked it but you know it worked didn't make a huge follow-through but now what year is this now we're at 2017. this wait I need to check what uh triggered KC uh okay this one had earnings yesterday okay um so you know here's a potential setup I would have preferred maybe another couple of days of sideways like these setups can be traded on on any asset class and this is you know the burst of the crypto bubble I guess no 29 no never mind yeah yeah that was the bubble move and here again you know it makes it like higher uh this is not that clean of a setup but there is a setup it kind of serves the 20-day takes out the tight range not really that great though set up but you know here there wasn't really maybe here ah we're not really a clean setup you know sometimes you know stocks go higher even from Bad setups but your job is focused on you know good setups and now you know it's kind of moving higher again took it like higher and now it's kind of it had a failed breakout two days ago pulled back and now it's surfing the 20 day look at this thing today it found support on the 20 day maybe next week or later this week we get a setup it's the rain share is still intact it's building higher lows you have a range here and you know ethereum same thing it moves pretty much the same not exactly the same but you know there's setups here too wait ethereum doesn't have more trading history than this okay like you had a flag for oh this is wide and loose that's not a good setup but here is a good setup like it just keeps surfing the 20 day right puts higher lows the range gets Tighter and then you have a range breakout like this is a five-star setup and look at what it does you know Big Move doubles in just a couple of weeks so you know these you know your job is to identify these setups like all that you know these these setups are gonna appear for the they've been appearing for the past couple of hundred years and they're gonna probably appear for the next couple of hundred years this is how stocks move right they move in stairs you can clearly see you know we have one step another step then you're another you know step and Bitcoin has more uh trading history so this one has more steps you can just clearly let's look at a weekly chart it's easy to see oh wait what GL PTC USD they're moving stairs your job is to uh identify the next stairs that well actually weekly chart is kind of a long time frame but you can clearly see it like it was step higher or like like you know one step you have a stack second step the third step obviously we and you have you know we have one step you have a next step you have a next step you have the next step Next Step it's just like a stair your job is to identify the next step just when it's about to break out okay you're not gonna have a hundred percent win rate you're gonna be wrong most of the time but once you catch something and move like this you know you're gonna make back 50 losers in one trade that's how you make money all right enough for the crypto special okay let's get to Viva um yeah I thought kind of it's just a very shoppy stock this thing never has a good setup it just kind of keeps grinding higher it's a very tough stock to trade it never has a good very rally has a good setup uh or actually while it had some good startups over the years but you know it's just I don't know like it's kind of like it has an update down the update down they update down there and somehow it still manages to go higher like some stocks are a bit tricky Viva is one of them another one is like now another one it just keeps going higher but every other day is a red day but somehow it still manages to go higher you know you see you can see that it's made a decent move here but every other day is a red day just keeps you know goes up goes down goes up goes down but it still keeps building higher levels Zen is another one of these stocks like look at the March slows like you know it's made a big move 80 move but like 50 of these states are red days just very tricky and then you compare something like fastly like when this thing moves it moves or something like Tesla when this thing moves it moves or something like Shopify right when it moves it moves or AMD those are the stocks you want to trade you need to be able to identify those you know beforehand you know it's kind of you cannot be able to do it in in over the years it's gonna take a while of course but hcmp yeah it's starting to set up absolutely looks like a good one we can go sideways for xrp xrp USD Ripple um yeah it's building a potential base here but it's kind of lagging Bitcoin and ethereum for now uh but Ripple uh yeah same thing oh yeah it's you know had a breakout here from a short base made a big move here too another stair step boom the triple hasn't really hadn't made any big moves so there's not many setups on this thing Litecoin uh let's see to see USD my coin hasn't had that many setups either but you know same principle you know this thing has very short you know Flags so kind of hard to catch it unless you invest in it but this one you know had a nice little breakout here from Thai train seeing how much followed here uh this one yeah you know the same principle applies just the stocks and any any asset class net yeah net is kind of a shoppie ish or wash shock base until it wasn't like net was really shopping but you know I got stopped out of it a couple of times I know I bought it like here and I think here and I got stopped out and then it finally went it got Tighter and Tighter right and then it finally went and I sold it where I sell it I think one of these days here uh but yeah it's getting Tighter and Tighter it's a little bit choppy but you know the tighter you can get the higher the chance of a Breakout whoa Twitter had followed through I didn't even realize that I have a huge position in Twitter it's by far my biggest position it's even bigger than JD JD was a pretty decent position too now I sold a tiny bit but wait I should probably sell some more shades I'll sell just a tiny bit like my cell rules are a little bit different than you should use you should stick to the three three to five day cell Rule and then you know Trail the rest tvty I don't know it's just a random random name I don't know I mean I mean yeah maybe maybe yeah I mean look it can work absolutely it can work uh vir looks like he's having a weak day today Soraya to undercut the 10 day but so far it looks like it's building another higher low this is a crypto related stock and oh yeah and wax I'm probably gonna cover today I'm gonna use feet what break even as my stop on this thing uh if it closes like this I'm gonna cover it this thing should break down it looks like it's building a base here happy to go long maybe next week look at this it needs to break down below that 140. it looks like it's building higher lows and building a base for a long we'll see hmm yeah JD and now I'm moving my stop higher Chidi is a little bit of slower stock so I'm gonna Trail the 20-day moving average as my trailing stop just because you know it's a lower AVR stocks I use the slower moving averages like yeah High ADR stocks let's just say five six percent plus I use the 10 day and lower than five six percent ADR I use the 20 day but you should stick to the 10 day because you should you're only supposed to trade fast moving stocks yeah Pinterest trying to break out again [Music] PDT nice nice AMD yeah it's still tight it's still tight thoughts on Alcoholics Anonymous um yeah he could work it could work Alcoholics Anonymous is breaking out it also had a really good setup here you know it made a decent move like you can clearly see it you know how to step higher sideways step higher sideways and then you had another breakout you have a tight range higher lows surfing the 20 day and now it's trying to go again it's been building a series of higher lows than taking out a range I like Alcoholics Anonymous it's not you know it's like a four-star setup okay so ADR on on trading view is the one by Alpine Trader the one that's correct because I need to put it in my fact can anyone confirm um correct okay I'm gonna put it in my about page those of you who are new uh you should go and look at my about page all your questions are gonna be answered um if you read that can some moderator or actually I can do it myself I can just link it it's also linked in my uh on my twitch and my Twitter and everything and my YouTube and it's everywhere you'll find it you need to read it ADR percent in trading you okay foreign Trader Alpine underline Trader am I correct ADR percent yeah okay all right and and there was someone also created it uh for a think or swing um a Turkish memory um yeah I was uh tagged on Twitter in those tweets I need to find here yeah yeah okay yeah there it is yep I found it uh here it is here's the here's the ADR for think or Swim I get asked it all the time uh but I'm gonna put it on my um ADR or on my about page that that tweet foreign okay all right let's see here okay I just updated my about page foreign was very close stopping me out today or well kind of close I think this setup looks you know pretty good it's building higher lows it's kinda if it breaks this 254 area again I think it could be good test let's just Relentless can't this thing can't go down wow Twitter holy [ __ ] I was thinking about doing like 70 80 000 shares but then I'm like ah I'll go for a hundred nice round number very happy I did it I'm risking 65 000 on this trade JD wow look at this thing I like this is what a five-star breakout looks like a slower ADR stock but you know like slower stocks need to go sideways a bit more like it you know this thing started was surfing the 10-day then it started surfing that 20 day then it had 50 day but you can clearly see it's been building higher lows and then it broke out on earnings earnings breakouts if you get these earnings breakouts that don't Gap up 20 this one actually gapped up a few percent and it kind of pulled back out of the gate and then took out the house of the day like earnings breakouts can be really powerful of solid phase you don't get them you maybe get a few per earning season uh but you know on liquid stocks and you you have to identify them like I'm trying to be better but this one I nailed I bought it in pre-market got stopped out to plug an 85 000 loss but then I re-bought it down a bit higher and you know a good setup if you get shaken out of it you need to be able to re-buy it as long as it's like you stop doesn't get too wide do you need to be able like on like Spotify this one shook me out but if it triggers again later today I may not buy it because I already bought a bunch of other stuff um I don't really have the buying power but if I have the buying power you know I would have to rebuy it because it's a good setup a little slower stock but you know it's a good setup yeah it's your double G you know what I'm gonna start to watch it for tomorrow because now it's starting to get a little bit higher price than getting some good volume like I like it when these stocks that go straight up when they like go straight up they try to pull back but they pull back fails and they keep going straight up like that usually sets up uh for a better short but uh starting tomorrow I'm gonna start watching it especially if you can go to like high 20s by tomorrow that would be really good it's still kind of not very liquid for me like I'd like to you know trade something like this with like you know 100 150 000 shares but you know it's just not liquid enough for me to do that kind of size um but we'll see maybe I'll do small size if the setup is really good where would I buy Spot highs of the day horrible what's horrible horrible a good proxy for ADR I don't know what arvo is a relative volume bus but that would but that has nothing to do with the average daily range volume and the ranges are completely different things range in price uh I don't really know what it means is it one of those indicators when the volume is horizontal instead of vertical like I really never got shards like that I I just don't get them uh you know I don't know if there's any value in those type of indicators I don't know maybe there is like if you learn how to use it you know but you know I don't know oh uh for oh like oh it's like times average volume over uh but you know you don't need that as an indicator you can just see it visually Can't You See It visually like for example like the 60 Minute chart let's take an example like you know Twitter like you know like like look at the volume so far like you you don't need any indicator to see that today is probably gonna be an average volume day right you can you can just clearly see the volume on this breakout big big volume but maybe it's not a real solution I don't know um yeah it's the same thing as volume bus okay yeah someone only mentioned it yeah yeah absolutely that's uh that's that's something you can use I don't pers well actually wait uh yeah here like I I do have volume files in my watch list but I never really use it I I never really use it like I I usually just visually see if a stock has above average volume or not you know you know you sometimes It's Tricky on large caps but sometimes it's very very obvious on many stocks especially like smaller cap stocks because they trade a bit differently they don't trade as smooth you know you get this volume big volume spikes and then the volume is dead for several hours for the rest of the day while like large caps you get like some trading all the time like Tesla you know trades all the time throughout the day yes it usually has like a higher volume at the open at the close but it's still like trades very a lot like during the day same thing like stuff like AMD and Shopify Etc like so those can be a bit trickier good for day Traders yeah sure probably all right I'm gonna do one more scan and then um oh man melee this thing is up 27 since I sold it and it's up 58 since I initially bought it yeah you know it's sometimes they're tricky like you know on mainly I use the 20-day moving average as my trailing stop and you know here on this day I got stopped out of it like on this day I kept it because it closed strong it did close below but it closed kind of strong so then I was gonna use this low so this day as my stop and you know here on this day I got stopped out because it looked like it wanted to go lower and test the 50 day and you know and now it's straight up since so you know stocks it's trading is hard you know you're gonna get shaken out it's gonna happen all the time yeah and I can tell you like the day trading is just most of the time like waste of time like this SMB that that prop firm I I mean this was like a couple of years ago I saw like a video like their best Trader makes like 300K per year like and that's a guy who's been trading for like 20 years if you've been trading 20 years you should make 300K a week not per year so that's another confirmation that you know day trading is just not gonna cut it if you want to make big money you gotta swinging position trade day trading is just so hard close to 10 million this year well they upped their game I guess then they're up their game yeah well this year has been easy like this year has been incredible incredible opportunities like this year has pretty pretty much more opportunities than any year since like year 2000. so I guess that's why they've upped their game too short the bear you see on Twitter 21 he's up 6 million wow but where is he where is this short the bear oh Mata chat room the short bear I like his bio here 16.3 16 350 plus hours studying markets like he keeps track you know this is this is what you have to do if you want to make millions you gotta put in the hours starting setups you know yeah he's a German guy not bad six million is not bad for a 21 year old Jesus Christ yeah it's one of these uh short Traders yeah nice 6 million on the year that's a good job damn I need to up the game the guy is 11 years older than me sorry younger than me and he's made almost half of what I made this year that's not acceptable can't have a 21 year old I need to up my game I need to up my game what the [ __ ] is this [ __ ] yeah I'm gonna crush this guy I'm gonna crush this guy just kidding just kidding uh 12 million yeah 12 13 million something like that Hey look a million here or there who cares once you get to the double digits does it really matter anymore why why hasn't uh Wall Street Journal guy responded like he he he wanted me to email him and I emailed him and now he hasn't responded [ __ ] is this yeah the coda glass and also you know about a lot of losses this year hey my average yearly profits it doesn't matter you mean percentage uh over 200 percent after tax and after fees before tax before fees is probably like 300 that's how you you know take a few thousand into tens of millions you've got a a triple digit presented years we went to chunk folder should I tweet him maybe I should tweet him hey check your chunk folder I Really Wanna Be in Wall Street Journal what can I say I I I'm [ __ ] wants to journal no no I want to be in Wall Street Journal foreign ever thought about no because all the countries without the capital gains tax are kind of [ __ ] countries to live in you know so not really Singapore they don't have any really but do I want to live in Singapore I don't know anyone in Singapore sweet wait Switzerland doesn't have capital gains tax yeah time zone is really tough when you're in Singapore yeah now save yeah look these Airlines and cruise lines are failing again we got an hour actually not even an hour we got 30 minutes of sector rotation oh man or actually the other ones are holding up [Music] um which one into but Wall Street Journal or Playboy magazine is Playboy Magazine still a thing it's not what it used to be no taxes in history European countries but I don't want to live in Eastern European countries maybe Estonia my native country they I think they have 20 I could live there it's close to like where I live now it's like 45 minutes by by flight 40 minutes or I could take take my boat just over the Baltic Sea five hours with boat but the problem is my current phone uh it won't it doesn't have the range I need to buy a bigger boat yeah well I'm definitely not moving to Saudi Arabia there I I you know there's no way what the hell would I do in Saudi Arabia Jesus Christ I'm gonna die from the Heat like I like the Sun but uh you know I heard rumors that uh Saudi Arabia is really hot can anyone confirm that Saudi Arabia is a really hot country Philippines no but it's a tough time zone thank you she beats from property in Beirut yeah what data packages I don't know I just had the Platinum I don't know I can't see anything here I just have the Platinum thingy I don't know about data packages yeah maybe I should just open uh like a starter company in this stuff yeah I need to check it out I I'm you know why pay more taxes than necessary I need to I need to I've been lazy I'm too lazy that's my problem that's my main problem I have never traded Forex I probably never will Matador is set up I I guess it looks decent you know higher lows it's not the fastest type of stock no it's grinding higher commodity related stocks so these are always a little bit you know tricky uh but yeah I mean it looks okay come to South Africa no I took my account from like 4 million or four and a half or something to yeah I'm at like 17 17 half right now so Madam I'm I'm so close to 20 million I need something big I need a million a couple of million dollar trades get to 20 20 million that would be nice round number I like round numbers yeah four to 17 this year no yeah yeah this American Airlines AAA is Alcoholics Anonymous with 20 ml I'm gonna trade what am I gonna do with 20 million I'm gonna trade and make it 50 million what must guys not now now you're I think guys go to go read my about me it's all there my starting Capital all that stuff plug uh well yeah it's just a straight up unfortunately yeah I missed I missed this one but I'm in be a plug it had a you know okay set up here I was really hoping for one or two more days of sideways and here it had kind of a you know these types of setups are a bit tough right you know when they pull back a little bit too much and it looks like a broken stock and then they kind of have a setup like you know I always struggle with these type of setups but it worked and you know it's up 65 percent since do you sell cup no I don't trade options guys go read about my about me don't ask many questions unless you read my about about me on my blog no AAA is uh an Alcoholics Anonymous it's a company traded on the U.S stock market just kidding Dean I know it's so cool I know it's Alcoa I'm not stupid foreign I'm gonna trade it and turn it into 100 million how long until 50 million uh a couple of months to a couple of years if I uh go by past returns but past returns are not indicative of future returns so who really knows it's all depend it all depends on the market how is it to be a millionaire it's [ __ ] awesome what's the difference in me and everyone else is not making millions yeah study time setups big people not making uh millions they don't have a setup they don't have a profitable setup because they haven't studied the markets I like to fly better I like I use them mostly for earnings I I think the fly is better on like how they set up their earnings news but you can you can get like seeking out for like seeking Alphas for free what drives me to keep trading what the [ __ ] would I do else like what what would I date do day in and day out like what the hell would I do like I need to do something right like what would I do like I mean what what else would I do Tinder coding and back testing maybe some tweaks for you yeah you know I don't know I don't really care about that everyone's so into back testing or this mechanical practice it's just a you know look I think to stay trying to get a shortcut so they'd have to they don't have to put in the hard work if you can find a good setup a computer sure itself that's not gonna find it for you I know Sweden [ __ ] eight months per year it really does we're yeah again guys go to my about page like also I probably go to my YouTube there's a lot of Swing trading school videos there and also my about page it's all there or actually it's not all there I'm gonna put some stuff there um I'm gonna update it I need to put the swing trading school um yeah start perini about Pitch I'm actually gonna update it right now with the oh let's see setup foreign foreign I probably need to create a playlist on YouTube how do I do that though uh oh playlist series um foreign [Music] guys uh can you can you check if this link uh oh wait uh if this link goes to my swing trading School watch list uh swing trading School uh on YouTube does that link work yes okay great I'm gonna put it in my um Port noise knocked out what does that mean what happened to Portnoy I don't follow him anymore um all right all right all right all right no my tc2000 is in no way connected to my trading platforms it's all just manual work doku good entry now does it does it look like a good setup one like is it good good setup too is it breaking out I usually keep my positions until my stops are set potential Head and Shoulder guys I'm gonna tell you right now ignore the head and shoulders Head and Shoulders is not gonna make you any money all you need to focus on are these like channels these types of flags or these types of flags or okay or these types of flags right this is all you need to focus on head and shoulders you can completely ignore it if you want to make tens of millions you don't need to know what the head and shoulders is you can just ignore it just focus on good long setups all you need to know you're gonna see Head and Shoulders everywhere Head and Shoulders is about it's it's a very specific pattern that's only valid a very very you know very rare cases like 95 percent of The Head and Shoulders patterns are just fail failures yeah it's a shampoo exactly anytime someone says Head and Shoulders you need to think of the shampoo okay you don't need to know anything else Here Comes rant yeah here comes rant I know I'm telling you you know anyone says hns you need to think about this anyone says H and S or Head and Shoulders okay this is what you need to be thinking of this is this is what you need to be thinking of you know you need to be thinking of uh this okay this is Head and Shoulders there is no other thing any anyone says Head and Shoulders you go take a shower that's all you need to know and then you trade good setups and make millions boom foreign are doing free advertising well toku is setting up it's um it's setting up like you know I mean you know this has also you know like you know something like this it's been kind of building higher lows uh you know ideally goes sideways three to five days here builds more higher lows that would be like an ideal setup thank you so wait why is toku a bad setup if it helped that I I didn't say docus about setup it's building it's building here like it had you know like it's it's building a setup here I don't think it it had a maybe set up here when it you know kind of bounced off the actually you know before it hit the 50 day uh it's like like a maybe setup uh but now you know if you didn't buy it here you know you need to wait it's building a base okay and you need to wait maybe next week prts um a lot of stuff set up there yeah exactly I've been advertising Tupperware Head and Shoulders BMW yes exactly I am I am a terp you get you need to check my swing trading videos swing trading school it's in my about page now I uh linked it in my about page I made a playlist on YouTube everyone needs to check those you know you need to be all of you need to be I don't be able to identify good setups that's the only only way um yeah Brandi Love yeah fastly uh yeah fastly is in my watch list I think it is setting up you know he has a range here it undercut the fifth package it made a huge move okay this thing went up almost a thousand percent then it had a sharp pullback on earnings but now it's kind of spilling higher lows you see this it's getting really tight you know this thing pulled back almost 40 percent you know it's normal for a stock that's up a thousand percent in a few months pulling back 40 percent holding the rising support building higher lows you know this is this is good price action uh maybe for tomorrow could be a good setup if it breaks out tomorrow yeah and I'm looking at a pretty decent setup right now these things tried to break out a few days ago failed now it's been building higher lows still and now it's trying again I'm not buying it's too thin for me but you know it's it's like a three and a half star setup but firstly for tomorrow if you can close like this and then break the break out over like 81 tomorrow you know I I'm gonna take big size I'm gonna take a big big position uh yeah you can use average if you can convert average to range to percentage that's that's good all you need is the percent it doesn't really matter 80 or ATR you know it's the concept that matters but if you can convert it to percentage uh that's all that matters uh last drop what last drop below the 50 day it's not broken if it can't break out of this range it's gonna be a pretty good setup okay guys I'm done for today uh thanks for joining and I'll see you tomorrow very good questions today