Do you trade in your underwear during summer all the time?
Can you get some relationship advice?
Yeah, you can get some relationship advice.
Have I kind of a relationship question but more out of curiosity.
Have you noticed more female interest since becoming rich?
Not saying girls are gold diggers, obviously.
with money comes status, respect and safety.
Well I really haven't left mom's basement like for like I take out the garbage and stuff like that and
I go upstairs to bring food down.
But like I rarely leave mom's basement,
so I really don't meet a lot of girls So I can't really say That I noticed more female interest.
Hey Chris, can you sing fuck?
It's the swing trading school here.
I recommend you do three scans.
I'm one month gainer scan, three month gainer scan and a six month gainer scan.
Let's just do a six month gainer scan.
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 caps.
Stocks, not all of them, and they're very liquid.
These are some of the most liquid stocks But the ADR criteria is only 3.5%
but if I decrease the volume, let's let's do $10 million.
Wait, wait, I'm gonna cancel it.
Let's do $20 million in dollar volume So, I've changed it from 80 million to 20 million.
How many scatters holds do I get?
now it's early in the day like like after it closed there's probably gonna I don't know, 60, 70, 80 results in this.
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 6%.
And what I'll decrease it to 5 million.
just so we can get a few more results.
I like 50 results or something.
So these are the biggest gainers over the power.
So what we're going to do, this is kind of breaking down.
It's a COVID-19 leading stock, I don't know, it's another one.
Alright, let's not focus on that.
So let's just start in alphabetical order, ACMR.
So this is one of the biggest gainers for the past six months.
Let's look at setups, okay?
No, but then I it's not really that good of a setup like it it worked in hindsight, but I
Like it wasn't if it had gone side with 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.
It did have a decent like this was a good setup Right here,
on this day here, it made a big move, pulled back when sideways started building higher lows, and it had a breakout here.
But this breakout didn't have much follow through.
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.
It didn't really have that many good setups, like this has been a little bit of a shock pay one.
Yeah, so there are no good setups, like on some stocks you don't get good setups, they
kind of show me and they go higher anyways,
like this is a five, this is like a five and half star setup on a six star, on a five star scale.
Okay, this is such a good one, such a good one, memorize this, set up.
It's a big move, go sideways, search 20-day.
and then 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.
ARCT 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 set up Okay, this would have been a set up.
Okay, this would have been a setup.
It makes a big move serves the 10 day to build higher takes out this range,
and it has a narrow candle before the breakout day, and then breaks out on high volume.
It closes kind of weak, but it does have some follow through, but it wouldn't have been a big winner.
This could have been a potential setup,
yeah, but it is setting up in maybe two, three days, if we can go side with a bit more, that the 10-day catch up, there could be a setup on this one.
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 you've been teaching,
you know what, let's look at this thing on on the swing trading school setup, because here is there's only three moving averages.
These are the only indicators you should be using.
So, this is what it does is it kind of starts building higher lows, it gets tight in
And it bounces, this is the first bounce of the 50-day moving average.
It it, builds a range, tight and then it has a breakout day.
So this is a potential setup.
Like time you have a, like, a clean bounce of one of these three moving averages, that's a nice thing.
another one not not really any setups here this thing just moves in caps CDE no I
don't see any good setups on this one mmm sell age this one has a couple of good setups like one is right here here,
makes a big move, serves on the 20-day moving averages, starts building higher lows of the 20, takes out this tight range.
This is a nice little high tight flag.
And then there is a potential setup here.
Like this is a 5 star setup, this would be maybe a 3 star setup.
I 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 there's actually a good setup here.
This is like, I would recommend everyone put earnings somewhere on their shorts, next earnings.
You do edit toolbar, right edit toolbar, and then you click the plus icon, and then you look at next earnings and you add it.
And I would recommend you never do that.
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
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 been But it's a good setup, right?
If hadn't before the earnings this day, you know, you should have bought it.
CLSK, another one, it of...
This is a maybe setup, makes a big move.
Pulls back to sideways starts building higher lows of the 10 day and has a range here,
and it has a breakout So that's you know,
it's actually 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's, it's, it's, it's, it a decent setup.
Um, 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 god damn TC2000 is sometimes really annoying.
This is a really good setup.
It, it is kind of shocking in this range.
But it gets tighter and tighter,
goes surfing the 10 day moving average to surfing the 20,
builds higher lows as this range that gets tighter and tighter has a really narrow range day the day before breakout,
and then it breaks out on high wall.
that's such the perfect perfect setup Then it has another good one here
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.
look at how it serves the 50 day, then it starts serving the 10 and 20 day, builds higher, loads as this clean range.
So there are like different variations of the setup I'm trying to teach you.
Unfortunately, I didn't follow my own sell rules.
I got stopped out on this day here, even though I shouldn't have.
I anticipated that it would go lower, so I sold it a bit too early.
But I re-bored it on this day.
On stream, this is the day when I chased the chase, those of you who 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 close below the 10 day moving average to sell the rest.
I have like a third of my shares or a quarter of my shares or something like that.
I sold most of them into strength.
60%, 50% in a couple of weeks.
Carvana, let's see, I need to get back to my own trading.
Or CLIA cruise lines, and just keep going higher.
Carvana had several, or at least two really good setups.
Again, big move, serves the 20 days, starts tighter and tighter, builds a range,
higher gets, you know, three tight-range candles, and then a breakout.
this makes a huge move to 300% move and then it breaks out You want to be in the fastest moving stocks.
Someone mentioned Ericsson, OK?
Like, if this was a high ADR stock,
Like 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 shit.
You shouldn't be trading and trading this thing.
You should never trade shit Low ADR is equal to shit
High ADR is equal to gold
and here's another good setup like this is the same theme like a big move pull
back or sideways consolidation and then The stock starts finding support and starts surfing one of the moving averages.
It be the 10-day, it could be the 20-day, it be the 50-day.
And times it's a combination of over two of them, like the 10-20.
And then it gets tighter and then it breaks out of that range.
It's just the same theme over and over.
This is how stocks have moved over the past 100 years.
Okay, you can go back to that.
from the 20s, from the 50s, from 80s, from 90s.
This how stocks move, okay?
You do the same thing over and over again.
You just need to memorize these patterns.
CWH, this one had, I guess, an okay set up here.
I have preferred maybe a bit more sideways.
It wasn't really that obvious of a setup, but it served the 20 day nicely, that a nice started building a range here.
But yeah, I would have preferred big more sideways.
It a C-SAR here I see a really good setup back in April.
This is a good set up This thing makes a big move Okay,
it up 100 it goes up more than 200 percent pulls back Find support on the rising 20 they built 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 know why
like sell one third to half after three to five days and then move your 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 of when, like this is a good example.
So you would have sold one third to half on any of these days here.
And then, like on this day, closed above the ten day, next day, or actually you would have gotten stopped out of it.
Never mind, it wasn't a good example, I'll try to find...
I'll try to find a better example.
Every, I don't see any good setups on this thing.
Now this one, already marked it, like I told this one, very good setup.
This one too, very good setup.
Fastly five-star set up right here, right here.
Fiverr, you had a great set up here.
Alright, alright, this was like a decent set up.
This is a five-star set and then you had the okay setup here.
HL, there a decent setup on it last week right here.
IBIO is a bit tricky, like there was a good setup here.
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 shot 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 volume,
so 258 Like this was a decent setup.
Actually, it was a better setup here.
This is a good setup right here.
But there was a secondary setup here before it made it.
I decked, yeah, there could have been a setup here before it made a big move.
I and know had 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 Here was a really good setup look at this thing makes a big move pulls back by support on the 20 day
But it's higher lows and has this tight range and then it breaks out five stars set up And then 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 need to find a stock that makes a big mess.
move, then pulls back and or goes sideways for a while, finds support on either the 10-20
or the 50-day moving averages, bounce and start side of building higher lows like here, or has like an under-capped injury.
and then breaks out of a tight multi-day or multi-week range,
like it's the same set up, that variation of that set up over and over again.
Here was a maybe set up, I would have preferred maybe a more I've traded this thing.
This thing has been one of biggest winners this year.
Here a good setup, like here was a good setup, but it would have stopped you out the next day.
That's exactly what happened to me.
And here was an okay setup,
but here, this a really good setup, and I traded this And then it was also a good setup right here.
Let's see, you things are triggering, what's triggering, SPG or, you know...
I'm intrigued by this SPG.
They some news with Amazon.
They have earnings after hours but I don't think it matters.
This is another type of trade, you shouldn't do this trade, it's just the variation of things I do.
I just bought 31,000 shares of this thing.
But again, this thing could gap down to 60 bucks afterwards, they have earnings.
But I'm thinking all of these like bottom stocks are going, oil gas names, cruise airlines.
Like this is just sector momentum.
On this thing, like on a weekly short it looks pretty good, building lows and has this tight tight range.
Again, this is not what I'm trying to teach you, it's a variation of the same thing.
But you should focus on that once the bounce of the 10 2015
Mora Nothing here mark mark had a really good setup right here really good setup And CRB oh shit.
This thing is up 600% today.
Holy shit And my K Okay here it had a pretty decent setup Or not, I don't know, K, set I guess, here.
It was a bit sluggish, but, you know, this is an okay set up.
No, and unless it's several good setups right here right here and right here.
These are really good setups Envax Perfect setup right here.
And if you would have followed this cell rules you would have sold a third to half of your on one of these days here,
and you would still be in the stock,
okay, you be up 260% on the rest of your position, the other half or two thirds, because
it hasn't closed below the 10 days since And this is why I advocate,
you trailing some of your shares on the 10 day because sometimes you can catch something like this and these things
after the bottom line in your accounts.
You you catch a few of these now and then, oh man.
These are the ones that are going to grow your accounts exponentially.
Opique, this one, I almost traded.
I didn't pull the trigger.
It wasn't that clean of a setup.
you know, surfing the 20-day, then it started kind of surfing the 50-day build 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 3.5-4 stock.
It still comes like a 5-star setup, because 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, you know, the strongest 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 of days ago.
It looks like, you know, so far, it hasn't had much follow through.
days when the 20 day catches up, it's building higher lows, had this range here, this could be a setup 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 has include If you bought it here, you would still be in it, because it hasn't closed below the 10-day moving averages.
I'm telling you, you catch some of these moves.
This thing is up 300% from this trigger right here.
You catch these kinds of trades now and then these are the ones that are gonna grow your
accounts Pen had a really good setup here and unfortunately didn't have much follow through Then it had a good setup here too,
but you know it would have stopped you out.
And here it was kind of a decent setup like what it did,
made big move when sideways, bounced off the 50 days, built higher lows.
and then you kind of gapped up and took out this big range here.
So it's not this obvious of a setup but 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 day here
would have stopped you out.
Plug a really good setup right here.
Like sometimes you know stokes 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 are ready to buy opening range highs.
PRTY, I don't see any good setups here, PVAC, no, I don't really see any good setups here,
redfin, maybe, yeah, this one was, yeah, this here could be, like a okay setup, not really
but, And then here, too, wasn't like, you know, maybe set up, you know, it just, you
built higher lows, and then it had like four tight candles and took out this range.
But these are not like perfect setups.
Run had a decent setup here.
I would have preferred a few more days of sideways, personally.
You got a clean bounce of the rising 20 days.
This like a big momentum leader.
Renee, well this one, I mean I traded it here, I traded it here.
On this entry here I unfortunately didn't follow my sell route.
And it wasn't a 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
You know higher lows keep surfing the 20 day and then it starts getting really tight and it has a breakout there
SVM Like this was a decent setup and here was a good setup.
TRVN has always been a shock day one, TTO well.
This is actually a pretty decent setup.
If you were ready to buy it opening range highs.
Now there is no entry here.
But this is a pretty decent one.
Momentum leader, high ADR, surfing that's rising 20-day and you know had this tight range and I was breaking out on high volume.
But the entry was like sub 180, definitely sub 185 was the entry.
The average 2 range on this thing is $0.16, and low so the day is $1.72.
So entry was no higher than,
no higher than $1.88 should have been Because one of my rules is that this stop shouldn't be higher than the average true range.
I put the ATR back on my shorts because,
you know, just look at the ATR versus the ADR if you want to, when you're going to put your stops, UAVS, maybe on Friday.
VSLR, this is exactly at ROM, like I think ROM bought VSLR so they trade exactly the same
VXRT, it's potentially starting to build a setup here.
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 to a ADR rate stock 14.2 percent work course I'm stalking this thing I'm stalking this thing.
It's still building higher lows and has a range here I was on it,
on this thing on this day here, twice, I got stopped out twice, I lost 200K on it.
Then bought it, re-bought it on this day here, and now I kind of sold it for a small loss on Friday.
and today it's just fighting on the you know it's trying to put in another higher
low potential if it can build like close like in the high 16s that would be a
really good sign for tomorrow but it could as is 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.
I don't see any good setups in this thing.
You know maybe it kind of lost the momentum like it went sideways for a long time.
But it did break out of this long range on volume,
so it could have been a maybe set up and PRTS this one We looked at on stream the day it broke out someone mentioned it several days before
This is like Seven stars set up on a five-star scale This is like big,
big move, go build tight range, and look at how tight it gets.
Look this thing, it out and boom.
This is like a seven-star setup on a five-star scale.
This is the basic principle we're trying to like stokes move move like stairs, right?
You a leg higher sideways leg higher sideways You get another step higher sideways step higher sideways,
so we are trying to identify 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 this one is kind of a perfect one, most are not perfect, but this is the basic principle.
This is how stocks have moved in 100 years,
and there's no reason they shouldn't have stop moving like this just because you know you're you're getting started in trading.
Alright then off of short or sorry swing trading school for today.
Wow, Envax, this thing wants to go to the 250, Jesus Christ, what a relentless talk.
Tesla took out Friday's lows, so now it's on kind of backside.
it came out of this range,
broke below this range, and now this moving average of 10, 20, and are going to act as, sorry, resistance areas.
So every time it rattles back into these moving averages, it's supposed to settle off.
And if it doesn't, if it starts reclaiming, that's when you cover.
This thing could very easily pull back to a thousand bucks if we start to a decent pullback.
I'm short 3900 shares with the Amazon.
Yeah, 3,900 shares, 4.5, that's 5 and a half million dollar position, so that's my biggest
position by far, overstock, overstock is kind of building lower highs and higher lows, it's building a range on a 60-minute shot.
You know, if it breaks out of this range, I'm going to cover.
And it starts breaking below this range, hopefully we get a few more candles 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.
Oh man, there's so many people have written stuff in the chat.
I'm just not going to read the chat.
I'm just not going to do that.
Too many people are writing a lot of stuff.
sold the bunch 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 want to I didn't 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 feel a stock gets really extended I'm not even gonna trail it on the
moving averages a lot of that time and may have been mistake this time, too.
HE, not today, maybe in a couple of days.
Yeah, no, I in this G is just, you know, There's no momentum here.
You to look at the 10 and it's just...
It's just been in a choppy range.
Introduce to another concept which is Average True Range.
You can see it down here on my shorts.
You can get it by doing Add Plot, Average True 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 black I just
want to see the number I don't I don't want to see it short so that is the
ad average true range that's pretty much that's the inter-day range it
doesn't account for gaps it's 27 cents okay And right now the stock is up 37 cents,
so up more than the average daily range, which means it may be a bit late to buy it here.
I usually don't buy the stock if it's up more on the day than it's average to range.
get the end when the stock is only a point, you know, a third or half or two-thirds, so it's average true range.
So this one, you know, I wouldn't maybe buy it here.
You know, this is another one.
You you kind of have to be, you know, scam for this.
You've got to out the gate when the market though.
but it's a five-star setup, that's my point.
It looks exactly like Chumia.
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 cap 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's gapped up 12 cents.
So you have to add that also to here.
So, or actually you don't have to, but you know, it's up.
It's up quite a bit from Friday's close.
Ideal entry would have been in a like mid-27, this high-27, this is something.
Or you wait for a little bit of a pullback.
So that's a good setup, five-star setup if you scan for it and find it on your scans.
And it's in one of the hottest sectors too, Bitcoin, Ethereum, all of these things that are starting to break out from multi-air bases.
But I'm going to go through the basics of, I'm going to show you just a very simple swing trading method, very simple.
There is no reason why you can't double your account.
and in a very good market more than double your account just you know with
just one simple trading method very simple very basic I'm gonna go I'm gonna
show the just the setups I mean the setups I've traded this way so for
example see like this is a recent buy from Thursday so what you want to see is you have a big move.
And you start seeing this, you consolidating find support on these moving averages.
Usually it's a 10, 20, or 50.
This is a little bit slower one lately.
It found support on a 50 built high went to new highs, pulled back, put in a tight range, okay.
This is what I saw on Thursday.
I actually bought it like the day before but I got stopped out.
And so far it hasn't had any follow-through yet but this thing was very easily good in it.
So what you what you can do is you can sell like a
days You sell half and then you use the 10-day moving average as a trailing stop
Then you move your 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 T-dog 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 I'm going to show you guys.
OK, so Thursday, where did I buy it?
It supported earnings on this day.
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 the 20-day, built higher lows, and then it broke higher on earnings.
And I bought it, let's see, what's my average?
225, high 225, here's my entry, 225 And you use the low of the day as my stop.
But since this thing opened,
actually down below previous days lows, I like if it went like red to green or green to red as my stop.
And right now my stop is to low to 90s.
VIR, another one I mean, I bought it here, hot sector.
This is a little bit of another type of setup, because it's not up a lot lately, like it's more in a bigger base, right?
You have a big base here.
But this is where I bought it.
low so the day has stopped and you know it's been grinding higher
it's 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
and looks like it's gearing 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 49 tomorrow you got to be on it
AVL or another one bought recently 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 passed on When it 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.
And you could have sold half after three to five days, either on this day here.
and then you use the 10-day as your trailing stock and you would have gotten stopped the rest on this day here.
GBTS is another type of trade so let's ignore that one.
CES is another type of trade so I'm gonna ignore that one because I'm not just showing you one specific type of setups here.
D-Dog I already in the trade, but this is a five-star setup.
I 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 I'll let Let's just ignore all fundamentals and all stuff that stuff all you need to focus on is you know in big the strongest stocks
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 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.
I'm close back into the range in the range without stopping me out though Higher lows hot sector.
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 is still hers, looking at it, I passed on this one.
But again, on March lows made a big move.
doubled quickly of the March lows, pulled back, found support on the rising 20 day, and then it got a bit tighter.
It's a little bit more a subtle setup, but it looks pretty decent.
Built higher lows, and it broke out on higher volume.
This is a few days before earnings, that's why I passed on it, and now it's higher.
Wait, where did I rebuy it?
I'm in it right now 63 50s my average which they did about yet this day 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 then you know it's some okay it's not really that kind of a 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 but I'm not gonna go much into it right now.
I'm gonna try to keep these swing trading school sessions short so you don't get bombarded with a lot of information.
Let's see, Chumi, Chumi was another one, this one I've talked about a lot the past few days, this the 5 star chart.
Big move, this thing goes up 230% and this is also like, there's a fundamentals include, actually it's like a pump stick.
A very influential pumper on Twitter is on this thing and well, let's just say it's working out pretty nicely.
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 a like a more supple set up somewhere here Like this was,
let's just imagine like when the stock was up here, near the highest of the day, like this candle looked really good.
Now it happened to close week, but it never took out the looser a day, so you wouldn't have gotten the stock done.
Unfortunately I passed on this one, but look at what would have happened if you had used the close below the 10 day.
This is why I want you 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 position.
Because look at this thing, look at the move it did without closing it below the 10 day moving average.
But reclaimed and here it closed above it and next day it kept down
But immediately reclaimed and closed 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 have you would have caught a Hundred and will actually at the highest this thing was up hundred and eighty five percent
This is the logic behind, you know, trailing a 10-day moving average.
These home runs, you catch few of these, you're going to make a lot of money.
And this is great without swing trading versus day trading.
You have to sit there and scout for stupid small moves Sit around your entry constantly look for new trades looking for new action.
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 A more subtle one,
but off the marsh lows made a big move, started surfing the 10 day, then the 10-20 day got really tight.
And then on this day here I bought.
It actually didn't break out of this range completely, but I anticipated the breakout.
Next I think it was a Monday.
It gapped up, I added more in the opening range highs.
I did get shaken out when it closed below the 10 day here but I did rebuy on this day here so like if you remember I was long 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 got to memorize these setups There's a lot of money If you just you know,
there's there's you know,
if you message is this one setup you will never have to work out You got to 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 of Friday, remember me buying this thing, opening range highs.
finds support on the 20 days,
has this range break and so far it hasn't had a lot of follow through but I think it can go to 500+.
Zoom today, exact same setup, big big move.
Find support on the rising 20,
then rising 50 day, like this thing keeps finding support on a 50 day like it did here, here, here, and now here.
There's no reason why this thing can go to 300 eventually.
AP 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 a secondary entry where I added another five-star setup.
You have a big move off the load pulls back,
finds support on a rising 20-day, puts in narrow candles and then breaks out the high volume and it keeps going, still keeps going.
S.R.N.E.I bought it on Thursday.
Actually, I bought it here on this day too.
This is like, I hope the sector is a COVID-19 stock.
Find support on the rising 20 day.
and look at the move and unfortunately I got shaken out here at 6 bucks I didn't
follow my own rules the closed below the 10 day I would have otherwise get
gotten stopped out here somewhere on this day here and then I re-bought now on
Thursday on this day here and 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 in the like mid-July pullback like early mid-July pullback we had in
the markets this thing showed was one of the stocks that showed the best strength.
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.
This stock was literally yelling in our faces, hey, I want to go higher.
If the market 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 using the 10 day as my trailing 10 days.
as my closing stop as my moving, well, trailing stop.
Man, I don't even know what the hell I'm talking anymore.
This is why I hate talking.
I don't even know what the hell I'm saying.
Okay, Billy, another one.
Not clean as I was set up,
but it showed like, super strength, just riding the 10-day, had one narrow range candle and then it broke out here.
I think it wasn't this day somewhere here.
I got stopped out and then I got back in on Friday.
It pulled back, found support on their rising 50 day, put in 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.
I'm a nice follow through that with leaders too 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 pullback found support on 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 a hundred thousand shares currently.
I may add another fifty hundred thousand shares depending on how it acts later
Codex this one you guys remember it very correctly when I chase the chase.
I actually bought it initially here But I got stopped out on this day here.
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 We still always find support under 50 day right here here.
Just keeps riding keep surfing the 50 day These are the only technical indicators you need.
The-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 sharks.
To make millions, this is all you need, literally.
Nothing You don't even need to look at the intraday shark.
You don't need to look at stupid level 2, fuck level 2.
to fucking intraday shards.
And then I reborn on this day when it started re-breaking.
Because if you have a tight range and keep surfing higher
higher you know eventually the stocks 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 chase those of you
in the shaft they remember it I'm not gonna go into it and now look at it now Amara,
this one, this was another type of trade.
Wow, it's back at high so the day.
I wouldn't be surprised if this thing goes to five, six bucks.
All right guys, that was a swing trading school.
I'm gonna do it like 10, 15, 20 minutes every day.
I've talked enough for today.
You got a memory I still set up.
Tomorrow I'm gonna go through one of my scams.
I'm just too tired to talk right now.
I if you can go have an inside day today, like it had a pretty white day on Friday.
If you can go sideways today, build some Then this thing would be a five-star setup for tomorrow.
This is a high-tight flag.
Not lot of stocks have ADRs that are that high.
Usually ADR is this high, the has made a big move, which this thing has.
It's a bit too thin for me to trade,
I'm not gonna watch it today but tomorrow like if it starts breaking that low 28 range, I'm gonna watch it.
Today I'm gonna ignore it because it's just not good enough for me.
It's just too thin for me.
I think stocks if I'm gonna trade a theme stock it needs to be really really good set
up Wow mcrb Had some face three data up 350%
pre-market TRVN had some data A of biotic related gappers,
mainly I'm not in it anymore,
I bought it on earnings on this day here and then I used the 20 day moving average as my trailing stop,
I got stopped out I think on this day here,
when it was obvious it was going to close below the 20 day And, yeah, what can I say?
And it reported great earnings.
I'm interested in credit-learning.
This is like the Amazon of South America.
without the cloud thing, but they have payments, they e-commerce, like this is the dominant e-commerce payments platform in South America.
Just incredible earnings, but it's not a good setup here.
It to go, pull back those sideways for at least a few weeks, at least.
But it is a large gap momentum leader, but again it's not a good setup here.
The earnings are great and I'm going to watch it very closely over the coming weeks and months.
Acre was a decent setup here.
like three days ago or whatever or you know it did close week but it was a pretty decent setup
here it made a big move it went sideways started surfing this moving average as you can see it
started building higher lows it was a decent setup here And now we just keep, you know, it's had some follow through.
VIR, yeah, VIR looks great.
I'm long this thing, but I just don't see a setup here right now.
This was a potential setup, but right now there's no setup here.
Why are you looking at this thing?
ADR 1.7%, you're never gonna make any money training stocks like this.
The focus on the high ADR stocks, Kirk to thin, there's no setup here.
I mean it's not too thin,
if you have a tiny account,
this is not a thin stock, it high ADR, it's a momentum leader, so it fits those criteria, but where's the setup?
Like it had a setup here, there was a okay setup.
then it had a potential setup down here,
but now it's just in limbo,
like the setups, you need to buy them when they are bouncing or surfing the 10, 20 or 50-day moving averages.
Right now, look at this thing, it's not near any of these moving averages.
Yeah, it needs to set up.
Maybe in a couple of days.
It to build a range here.
Like it made a big move, right?
It surfing the 20-day and it's been going sideways for about a month,
few months or so, building higher and low surfing the 20-day.
It starts breaking and it's the hot the sector.
This could be a good one.
It very easy to go up 50%.
if it starts breaking out the volume this is something you need to watch absolutely
and if it starts breaking the
volume that's something to watch at all right
let's do a short school not a short school swing
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 going to just open up a simple scam.
Let's just do past the biggest six month gainers, a very simple scam.
$800 but it's in it's a it means 80 million.
You have to add to two or three zero.
So this is 80 million dollar volume.
Okay, average daily range.
I'm not just putting it here for now.
but also I'm gonna put it on my blog or on my about page Alright, anyway, I'm price growth 6 months.
The past 126 days, it needs to be in the top 7% of the 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 to open There's not a lot of stocks in this scan like after it closes gonna be like 40 50 stocks in this
scan Let's just start with Carvana.
So I'm gonna show you good I can see two 5-star setups right now.
You have a big, big move.
Look at how it keeps surfing the 20 day.
And it just keeps getting tighter.
as it serves the 20 day and then it has a high volume breakout, okay.
On this day here, like this thing needs to be on your watch list once it 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 the market opens, you to be ready.
As soon as it starts breaking out, that's when you buy it.
Okay, and another good setup, this is not a 5 star, this is maybe 3.5 star is this one here, right here.
builds higher lows and puts in a I'm actually gonna switch to this view here because there's less noise you don't need to see it
You don't need to put any notes on here.
You don't need to do anything.
You just need to watch the price What scan did we use?
It a six-month gainer scan.
next one square oh now it's fading the gap today okay so square how did it have any good
setups lately let's go back here it had some really good setups like back in 2017 here
this thing you know keeps riding 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 then 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 in, you need to take screenshots of these things.
You 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, it's 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 This could be like it's kind of breaking out of a little bit of a range of the 50 day,
you know building higher 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 if you spend 1,000 hours studying these setups, you figure out these variations.
Here is another decent looking one.
like square had the square had a bunch of the this is another good setup bounce off the undercut and bounce off the 20 day caps off the next day
this looks very similar to a seat now this thing didn't this one didn't have that much follow
through like this that setup that last one looks very similar to SCDG yesterday and 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 and up even if it caps up 5, 10, 15%, it could work out really nicely.
I rarely buy stocks below the 50 day.
it It 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 Do I scale in?
For this method you don't need to scale in.
You can buy everything at once.
You don't need to worry about scaling in.
But you need to scale out.
You sell a third or half of your position after three to five days.
and then you just use the 10-day moving average as your 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 instead refer into the about page I'm gonna say
it any I'm gonna say you know talk about the position sizing like you shouldn't 5% of your account in any given stock.
Like you get the best breakouts in a bull market and in a bull market you will hundreds of stocks that make big moves
There's no point in putting more than 25% of your account in any given stock Okay, next 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 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 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 trade it was too thin but I did recognize this setup.
I 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.
you would have bought it here,
you would have sold half or a third on any of like,
on any of these two 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.
Here, it kind of undercut the 10 day but it re-claves the close the bomb and then you can move your stop here.
And it goes below this area, that's when it gets stopped.
you know, using that cell rule, 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 do you develop cell rules?
This one I talked about yesterday, so I'll ignore this one.
I'll just show you a five-star setup right out of the gate.
I bought this thing here.
Unfortunately, I didn't follow my own cell rule, so I sold it on this day here.
And then look at what happened.
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 was actually a setup here, too This wasn't even better setup.
You have this look at how tight it got and then you have this big range And here,
another 5 star setup, boom, look at this.
Here is another good setup, actually here is when I bought it.
It undercuts the 50-day, reclaims starts building higher lows, you 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 a good setup, building 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.
Now B&TX looks really weak,
but this thing, if this thing closes strong, like closes inside of this range, it could still be a setup for tomorrow.
Let's look at another one, W.
This had some good setups too, somewhere a bit subtle.
Nah, this wasn't really a good setup, even though it really worked.
Sometimes you have this, you know, some setups that you have.
you know, too short, but they work anyways.
This is a five-star setup.
There was stock that finds support in a 20-day,
starts building higher lows, puts in a tight range, and then it has a breakout candle.
That's a five-star setup.
Here is maybe not a super setup, maybe a three and a half star setup.
Now hindsight it worked but and this is one I bought last week.
This is when someone told me, hey I see your long W, you quit trading.
Anyhow, I bought it here.
This one I also talked about yesterday on the swing trading school, so you already know about this one.
Handwax I talked about yesterday, Livongo, I No, Livongo I didn't talk about.
This one I've been trading several times this year.
I initially bought it on this state 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.
This is like, nah, it's not really a obvious setup.
It work, but not a great setup.
Unfortunately, it stopped me out.
Then it bounced off the 20-day here.
It bounced off the 20-day here.
Now let's see what happened.
And this, this is a five-star setup.
Look at this thing, it higher lows, has this tight range, and 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 where it started breaking out.
It searched the 10-day higher lows, tight range and breaks out.
And I sold it somewhere here in the, like, low hundreds area, because I thought it was getting extended.
I think it was going to go up much more.
It went to 150 yesterday.
And it's a little bit another type of trade.
Okay, this is something you need to identify the day before and then the next day it gaps
okay, you need to be on it, you need to buy it opening range highs, you can see, you know, this thing had huge volume out of the gate, I bought this thing, I had
opening range highs, you buy it, looser the days you stop and then you just, you know, sell it into strength, some at the time.
and the first close below the 10 day which would be on this day here you get
stopped out of the rest and we thought it has kind of a maybe setup today it doesn't really,
ah, no doesn't look that great, never mind, S.R.N.E.
this thing has too really good this one I
bought I messed up the sale like I'm usually very good with entries
But my I just many times I just don't follow my own sale rules and it kind of
Noise me kind of pisses me off sometimes
I'm fortunate I sold it on this day here
and then look at what it did but good thing is I bought it here this was I
think it's Monday 829 I bought 150,000 shares if I remember correctly or 200,000
shares I don't remember but yeah and I'm still on 40,000 shares Tesla this thing is setting up it's setting up Same thing,
This I talked about yesterday, I'm not going to talk about it today.
Get shops around for a bit, go sideways in a shop-y range.
Find support on the rising 20-day,
starts building a tight range, puts in a narrow candle and then it has a breakout on high volume.
Now most of the time you can't kind of determine.
early in the day that it's gonna have higher volume.
So you just, you know, especially if you're trading like liquid, like mid and large caps stocks, like they always have volume.
You need to worry about it.
And here, another good setup.
Look at this, higher lows, tight range, bounces off the 20 day again, builds lows, and it's a breakout candle.
boom overstock this one I also talked about there 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 so Okay.
Alright, so this was just one scan.
Like I have many different scans for a time frame.
So this was the six month gainer scan.
Okay, I also have like one month, three months, six months, one year, one and a half 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 short term like you guys
don't you can ignore the two year and the one and half year you only have to
focus on a one month this is the formula for a one month wait what?
So that Lowe's C mean L 22,
like the price gain from the lowest point the past 22 trading days, 22 trading days, that's one month.
Okay, that's the formula.
So you need this scan and then the ADR like I use 3.5%
but most of you you should put it at 5,
and dollar volume 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 have a hundred thousand dollars in your account take that times 30 or 50 just let's just say
So you need to put like five million here here five million dollar volume
So the one month you need the three month So the formula for this one is C min low,
L67, 67 trading days, that's three months.
And you also need the six months.
You don't need any of these others.
Like one year, one and a year, two year, you don't need those.
And this is the, where's the six month one?
The lowest price point of the past 126 days.
You can play around with the volume, the average daily range and the and the rank.
You to put a rank and it needs to be like 90 plus 95.
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 increase the dollar volume and or the ADR and or the rate rank
percentage Like if you get more than 50 results in any of those scans, you 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.
Alright, enough for short school today, I don't like talking too much, it's really tiring.
Okay, I'm going to focus on my own trading for a while now.
Well, El-Ran, this thing is up, let's see what's my average, I have 12,000 shares, 49 average.
like what I personally do,
I just sell like every 3 to 5%
I sell a little bit but I 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 sell a third on day 3 which
means on Friday you would sell it 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 sorry, 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, whatever works for you.
What about What about paper?
I mean, what about it now?
And it's also very slow now.
If you want to make big money, you gotta be in the fast moving stocks.
The fast-moving stocks, not little slow-moving stocks.
UAVS announced offering, oh wow, it's still up though.
Okay, go do my about page, it's all there.
Thank you, Stock Daddy, for linking AA right and Stock Daddy.
Thanks for linking there, and also big tune.
Thanks for linking the About page.
Like, I get the same questions ten times per day, like, in the Twitch stream, on Twitter, on YouTube.
I just had to get that...
about Paige together, man.
I wanted to do it for months, but you know, I'm lazy, so.
How do you spend your mornings leading up to market hours?
That's a really good question.
I'm going to answer it on the about page.
That's a really good question.
I've got anything before, but yeah, that's a good question.
I'll put it on my about page.
How was your performance using Momentum Stocks prior to this massive bull running?
Like breakouts, like any type of breakout or momentum strategy used, they're gonna work best, obviously, when the market is in a moment.
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 out 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 what NASDAQ is where 90% of the stock side trades or 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.
But you know, that's like general rule.
So this has been a really good swing trading market Okay doing this time there weren't many breakouts and those that were they failed
They were a lot of breakdowns though, but that's just another type of strategy.
You need to do any shorting This was also a really good market.
I than doubled my accounts on this during this four-month bull run.
This period was a little bit more challenging.
This was a decent period even though it only lasted for a few months.
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 shopping environment no trend and the 10 day to in 20 day they were
like mostly going sideways 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 get this, like every, every year, there's usually a three to six month period.
That's a bit challenging.
You won't, you will make very little or no money.
And then you get these rounds that last for three to six months where you will double and triple your account.
You just have to wait for those periods, okay?
It's really making millions in training, it's really not about rocket science, it's all about patience and discipline, it really is.
If you have more than 10 brain cells, you can make a lot of money.
But most people don't have is the patience.
just waiting and doing nothing.
Most people want the fix, including me.
They need to be doing something all the time.
Yes, I used the platinum version of TC2.
Do you think Kodak might be supernova in a few sessions?
Right now it's just going down.
Oh, you're short and are you recovering from a motor cycle, right?
I guess the good thing is you get time to 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 topples or triples or quadruples or something
And did you just look at how they act you need to use the 10 day the 20 day and the 50 day moving average
It's like these are really the only indicators.
I like I personally feel I need 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 They moving averages like these are as close to magic as you can get.
Okay It's almost like sheeding.
It's a little bit like sheeding, okay?
And there's a reason I use this moving average because the leading stocks stocks that make big moves
Obeyed these lines They they've done it to pass here They did it 50 years ago, they did it 100 years ago.
Because I've studied shards from those periods.
There's a reason for all of these things.
There's a reason for every indicator I use, because they work.
Because I've studied them.
Do I trade anything else than US stocks?
Yes, I also trade the US stocks.
I'm going to put that one also in the about.
Trade Zero or Interactive Brokers.
I don't, I never use Trade Zero.
Trade Zero is I guess better if you like short a lot.
But 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.
Yeah, I'm going to show you later this week or maybe next week my Evernote database.
I have tens of thousands of charts and setups with different strategies.
I'm going to 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 need to get books that we're...
where that you know shows shorts and stuff.
Have you answered or considered using the 5 EMA?
Not really because the 5 EMA is gonna stop you out of the big gainers.
5 EMA is What is too fast?
Lack of strategy, lack of setups.
How did you get the watch list left side?
I click here, I put the name on it, I OK, then I get a watch list and I put it here.
This is like my daily back watch list.
I track all every notable breakout breakdown, I track them for a month.
Like, let's see, it's 5th of August now, my oldest backwatch list is 6-2 live.
We just go through it and look at what triggered that day.
Actually, I've already put the...
Yeah, that's a good one, Pudir.
I've already done that one.
I haven't put it on the about page.
You can see it right here.
On the daily short, I use the simple moving averages.
On the 60-minute short, I use exponential moving averages.
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 the But you know, you may find that some other moving average works better and that's fine.
But needs to be a reason for it.
Okay, 6th of July, had this seabed at a random pop, UMR, X at a random pop, payboy,
I row had a random pop, tiger, and China brokerage stocks broke out that day, I that.
Oh, this is the day I lost a bunch of money.
I bought the breakout I didn't realize they had earnings after hours and I had to sell on the gap down
Vable had a random pop Jin had a yeah,
okay, China names all had the random pops that MKTX it's a slow very slow name, but it kind of broke out of a nice pattern but had nowhere followed through
Oh, I am MU, I can show you two really good setups on this one, three really good setups.
Here, this state here, you know, decided a big move on high volume on some biotech news,
kind of went higher, pulled back, the 10-day course.
and then it broke out on high volume it wasn't 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 we're still better set up here is a better setup We're actually,
it's kind of extended, but there was a setup here, too.
We have much follow through.
Actually, you would have lost money on it, but this is a very good setup.
I a big big move with what trick bolt or something quadrupled pulled back with sideways
found support on the 50th actually before the 50th day had a nice nice like a 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.
You kind of have to look at the world picture,
but you know if you if you study thousands of examples You kind of figure these things out F is Lord.
We about earlier Net net they had a good setup yesterday.
It's a very thin stop, but this thing had a very good setup yesterday.
This is a And today it gapped up a bunch and now it's actually took out yesterday's Lowe's.
I don't know They had some news and they didn't like it news.
Koopa Koopa five-star setup right here boom boom boom Higher low 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 but eventually it got tighter and tighter and broke out boom.
Oh this one got a big breakdown that DXC.
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
this thing wants to go higher you can only even 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 but I like to trade the stocks with big earnings.
They tend to make the biggest moves, but only thing you really need to focus on is the momentum.
Because all of the big earnings winners, they're gonna have a momentum.
You're gonna catch them if you just focus on the momentum.
So you don't really need to focus on everything else, anything else.
I I live in switching these tabs so you don't see anything other than just the setup.
What was I trying to say?
This thing hasn't had really much follow through since I bought it, but it is building higher lows.
I it two days ago when it broke the 17 area.
16% really quickly pulled back and put in at a higher low, put in another higher low, so so far it looks okay.
Alright, holy shit, I'm getting really tired now.
I'm going to do one more scan, and these are my intraday scans.
You need to focus on any of these.
You don't need any intraday scans.
All you need to do is use the one month, three month, and six month momentum.
you 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.
Like I'm gonna write the step-to-step guide,
And you also have to be like aware the market conditions and stuff like that like I mean an uptrending market or downtrending 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.
or maybe like a second and third quarter of 2009.
That was also a really good period.
Just to go back and looking at charts.
There were some insane moves back then.
Yeah, APT I got stopped out.
I sold half at nearly close yesterday when it was obviously was gonna close.
at least like at right after 20 day and then I kept half because I was really like hoping
it was gonna gap up and just bounce off the 20 day but it's not.
So right now it's a broken short.
Let's see, taking it off from my positions list.
So, you see, I sold the stock, like this window here.
So, right let's see, next to you.
Ella Ren, this is what a five-star setup should do, you know.
For those who pay the attention, have been paying attention.
Like, those of you who have been on my stream for, you know, months.
you should have all been on top of this one This is a five-star setup not now the entry was in that like 48 area 49 area my average is 40
4902 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 my
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 wow this LSC I still think this thing is gonna go have I like when a Robin Hood
finds this start if you want this one, it's gonna go to 2030.
It had several good setups.
So setup here, had a setup here, I personally bought it.
I chased it a little bit.
it 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 got break rules okay If you've been trading for nine years, you know when to break the rules.
if you have been trading for less than five years, you don't know when to break the rules and you shouldn't break the rules.
PEA looks like I may get stopped out, I'm actually going to put a hard stop on it so I don't have to watch it.
Yeah, I know 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 TT, it looks exactly like shoe we did on this day here.
It's exactly like shoe we did here.
This is what TT looks like.
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 but you know I also
trade the ones that serve the 50 day many times but yeah like if I had buying
power left I would buy it I don't so I'm not gonna buy it But it's a good setup.
And also two that look really good.
IBIO and HDBX for tomorrow.
MRNA is surfing the 50 day.
Right now it's surfing the 20 day.
But it has been surfing the 50 day previously.
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 the day.
I like Twitter like it's a bit slow but like I'm risking what 75 80 cents
substantial 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 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 make a shitload of money.
Like my win rate last year, I think it was 20...
It was a 22%, 25%, something like that.
And this year, it's a bit better, maybe, I don't know, but maybe closer to 30%.
But you can have a win rate well below 50% and you can make a shit ton of money.
And you know another thing, you know, there's a lot of these day traders out there selling their subscription services that, you know, they can't.
So maybe they have, but if you need a 70, 80, 90% win rate to make money, I'm sorry, but your setup 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, my best month was probably like, I don't know, June or May or June or something.
Yeah, chew, no wait, yeah, I think tune this year was my best month.
I made 5 million, I made 5 million bucks in tune.
Because the market was just so good, like look at the NASDAQ during tune.
This is tune month, look at this thing.
It's pretty much straight up, a little bit pullbacks but you know still.
I'll show you what those mean.
So what it means, I'm going to show it, these are from markets, these numbers.
These are earnings and revenue.
So the left column is the earnings, like EPS, growth, and right one.
This is what a growth stock looks like.
These kind of stocks you wanna be long.
The ones that have triple digit earnings and revenue growth.
This the reason Livongo went from like 20 bucks to 150 in like four months, five months.
And that's pretty much what I put like I need to I like to keep track of the story
Like the numbers like I can quickly if I scroll through like on a square too,
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 earnings at all.
Like like this one really has shitty earnings and revenue growth,
but again, I think this thing could go, like, as a good looking chart, very clean, perfect 20, it's serving 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 source model, you know, this thing could go to 100 billion plus.
But I'm just rationalizing the trade.
But sometimes I need to rationalize things, even though you really don't need to make big money in the markets.
Fiber is going to be a great short setup for tomorrow, if it closes strong.
Like AMD, yeah, this is the one that got away, you're not going to catch everything.
In a bull market, there's going to be hundreds of stocks that break out and make big moves.
You don't need to be in everything.
you don't need to be like ultra 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 put like 50% of your account in
You're gonna make your money 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 It's just no need to like let's say you go long Tesla you put 50%
to your account in this thing, okay?
the next day you know this thing breaks out you put 50%
of 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%
okay it's gonna be down 70% God forbid something happens to Elon, but I'm just saying, right?
Or you put something in a big position and some microcap biotech stock,
like they have some bad news, it's gonna go down 90% overnight.
You're dumb, you're kidding.
You don't have any career anymore in trading at least.
Etsy is a good short setup like I think if it gaps up on earth.
It could be 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 like a-star short setup.
I just hope it gaps up on earnings That would be an ideal scenario,
and I'm gonna be on it As long as it already opened, it's just Fiverr today, not Fiverr, sorry, Livongo.
this one gapped up a little bit, it was up way more in pre-market, it actually hit like 160, almost 168 in pre-market.
first, you know, right at gate, they in a red one-minute candle, and you know, I kind of shorted it right there, low forty-fives.
I shorted ten thousand shares.
Now hindsight, I should have done two, three times the size for whatever.
It's a really good setup, like a five-star setup.
a fiber looks similar also for tomorrow if it can close strong today like we're
in a runaway bull market like extremely good momentum market so there's a lot of these setups coming up That's another setup I trade.
You need to worry about it.
You need that setup to make millions.
It's much harder to set up the trade than just the breakout method I've been teaching you.
I'm not going to answer any comments or questions, my throat is starting to hurt from talking.
Thanks for joining and I'll see you tomorrow.
And see some people at DM me, I'm going to answer this.
Okay, let's start Bitcoin.
you know, A stock that has made a big move, like stocks and cryptos and all asset classes, they move like stairs, okay?
This is how they move, generally.
They make a move, then they go sideways or pull back.
Go sideways and pull back, make another move.
This is like how stocks move, right?
If study any stock that's up many hundred percent or thousands of percent over many years, this is how they move, okay?
Our job is to buy it here.
Our job is to buy it here, right?
Our job 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 stepfire.
This is, oh what happened now, this is our job.
Now we are not going to be 100% correct.
My winner at this 25%, but you know, the key is all about small losers, big winners, okay?
This is what we are looking for, right?
And you get the moving averages, the 10-day, the 20-day, then 50-day.
The leading stocks keep surfing those moving averages, and that goes for a 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
and pretty much no one knew about Bitcoin back here
but this is where it pretty much started making a move
okay look at this setup it makes a move
goes sideways finds support in the rising 10 and 20 the moving averages
gets tight has a breakout okay then you get like another You know,
a little bit of a stair step, like in my opinion, there was no good setup here, but you know, you get another breakout, okay?
Then you get another one, another stair step.
Look at this, higher lows, go get and tighter, search the 10-day, another breakout.
And then it kind of goes sideways for a while,
it starts surfing the 10, 20 and 50 day, gets tight, a breakout, you know, a range break, look at the distance to it.
Here here here in my opinion.
These are too short to trade But you know look you could have used the 10-day moving average
Right as your trailing stop look at the movie will 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?
1340, 1350, it didn't close below the 10 day moving average until this, like, you know, It was absolutely parabolic like you know, you wouldn't be crazy to settle at least some into strength
But it 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.
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,
and I was like this is like a five-star setup like you like this is like the perfect one and even from this setup It goes up like what four five hundred percent in a month
And then it has a period of shock,
you pulls back to the 50-day,
starts kind of building higher lows, then fades, you know, it made a huge move, so, you know, needs digest that move.
Then it kind of starts straining again,
like, there's a potential setup here, not a very powerful one, I mean, this move isn't that big, but, you know, builds another stair-step higher.
It comes breaks out of this range.
You know, it gets tighter.
Look, the 50-day catches up to the price.
Look 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.
Look powerful this thing is.
Triple, quadruples in a few months, right?
And you know, makes another big move, then it, you know, fades.
kind of you know does nothing for a year or whatever two years.
Here it kind of finds a trend again but I really don't see a setup on it.
Then it 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 it makes them move.
Big move, and the 10 2050 starts moving higher, right?
This is when you start stalking 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.
It's in a really tight range, it's tighter and tighter, and when the 10 day catches up, that's when you get the breakout, right?
Now this thing, you know, pulled by, didn't double triple quadruple, but we're still at decent trade, right?
Now we're going to shop surround for a while,
here finds a trend again, and you know, they're like a potential setup here, and this is not like 5 stars.
Here it gets really tight.
Kind of breaks out a little bit, not as clean.
It has a shake up below the 50 day.
It a leg higher, go tight that serves the 10-day, another range break.
And then here, I don't really see a good tight setup.
Like this setup was really not tight, like look how loose it is.
Now it would have worked, but you look for tight setups here.
I 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 I would have liked it,
but you know, it didn't make a huge follow-through, but what year is this?
This, wait, I need to check what triggered K-C.
Okay, this is one of the earnings yesterday.
Okay, so, you know, here's a potential setup.
I would have preferred maybe maybe know.
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.
Yeah, yeah, that was the bubble move.
And here, again, you know, makes it, like, higher.
This is not that clean of a setup, but there's a setup.
It kind of serves the 20-day...
takes out the tight range, not really that great setup, but you know, here wasn't really maybe here, we're not really a clean setup.
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 break up two days ago
pulled back and now it's surfing the 20-day look at this thing today found
support on the 20-day maybe next week or later this week we get a set up
it's the rain share is still intact it's building higher lows you have a rain
share and you know Ethereum same thing it moves pretty much the
same not exactly the same but you know there's set-ups here too with the theory doesn't have more trading history than Like,
you had a flag, oh, this is wide and loose, that's not a good setup.
But is a good setup, like, it just keeps surfing the 20 day, right?
Pulls higher lows, the range gets tighter, and you have a range breakout, like this is a 5 star setup.
And look at what it does, you big move, doubles in just a couple of weeks.
So, you know, this, you know, your job is to identify these setups.
these setups are going to appear for the,
they've been appearing for the past couple of hundred years and they're going to probably appear for the next couple of hundred years.
You one step, another step, then you have another step.
Bitcoin has more 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 she you know BTC USD
they move in stairs your job is to identify the next stairs that will
actually weekly short is kind of a long timeframe but you can clearly see it
or like you know one step you have a second step and a third step obviously we
and you have you know 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 100% 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.
Alright, enough for the crypto special.
oh shit I fucked up right now holy shit oh my god I did the fastest finger
trade on my trading career right now oh my fucking god you guys are not gonna
believe this shit you can you're not gonna believe this shit holy shit oh my
god you guys you're not gonna believe this
oh my fucking god this is all yeah I I fat-fingered it big time holy shit unbelievable Oh, this sucks man.
I just fat-fingered it really big time.
I I just missed, I just double-clicked on the wrong place.
Let's just say I'm short 85,000 shares in this host.
Yeah, I'm down 350k on it.
I just lost like I was down like 88k on it before and I just lost another like what?
250k on it in like five seconds and it got halted.
I tried to get out I got filled on like a few like 5,000 shares.
Oh Man, I may take a half a million loss on this thing.
I haven't had a half a million loss in a few months this wow like avoid fat fingers guys this is the biggest fat finger trade on my
career I've never been in anything like oh my god BE what a piece of shit I've never fat-fingered like this before,
like, yeah, it's happened on, you know, like, I double-click and I accidentally buy yourself twice the amount I wanted to, but not done
something like this, like not a momentum name like this.
This has never happened before.
I think I'm gonna call it a day if I you know if it un-holts and Like it would be great if it could gap down.
It's probably not gonna gap down Yeah,
look, I'm going to be ready as soon as it unholds, I'm going to cover it, unless it gaps down, which is not going on.
So let's see, we've had five minutes holds, right?
Yeah, we've had five minutes holds, so it's going to unhold in like a minute or half or something like this.
Oh, I need to clear my head after this.
It's not a big deal for me.
I've had, you know, bigger losses than that.
But it's just, it's just a fat finger, unbelievable.
How the hell does that even happen?
I can't believe this shit.
No I'm not gonna blow up on this bullshit, no way.
Even if I'm gonna take that half a million dollar loss, I'm gonna be up a couple a million on the month.
We'll have to see where it opens.
If I sacrifice a goat right now, will it open down?
Like it opens from the gap and goes straight down?
Is it possible if I sacrifice a goat right now?
Where can I get a goat in the next one minute?
Well, only suicide helps.
Exactly, where do you get a goat nowadays?
I wasn't even gonna short it.
Like I was gonna move my mouse button to the short, like I wanted to wait for the first red one minute candle, right?
So I was ready to short it in case it It starts getting some downward momentum, but I accidentally double-shorted it.
I wasn't even going to short it right there.
I don't know how it even happened.
I put my hand on a mouse and it was kind of there, and I just...
fucking okay okay okay okay it's going down from this candle it's got I'm not
covering yet I'm not covering yet it's it has never mind I've covered I'm out
I'm out I'm out I'm out I'm out no I'm not out no what the hell is going Oh, Jesus.
This is getting really stupid.
I'm definitely gonna stop trading.
I'm out I know I'm not out never mind.
I Didn't get filled It's impossible to get filled.
I like I saw it started covering shares,
but it got halted again Because it looked like it was initially going straight down, and then it went straight up and got instantly halted.
Guys, you're not gonna...
Now I'm down almost a million on it.
This is just unbelievable.
Never in anything like this.
Just because I misclicked unbelievable.
I'm gonna write a I'm gonna do a blog post about this bullshit Holy shit Unbelievable What the hell is going on?
I need to instantly cover it.
like instant they cover it when they unhauled like I waited for like two three
seconds because initially they pushed the stock lower that's the problem they
pushed it lower and then I was like wait maybe it's gonna dip now because you know look it's gonna dip Then this sucks.
It doesn't cover like it takes a while.
Like I couldn't get covered.
it can't cover me like instantly,
unbelievable, like did not see this happen, never seen anything like this before, Jesus fucking Christ, what the hell is going on?
dumbest thing I've ever experienced in my life and funny thing is it's gonna like it feels like it's gonna
this is gonna be like the last halt and then it's gonna go lower right this thing is a double in the
past what 30 minutes It's a double in the past 30 minutes, why can't this thing pull back a little bit?
I just never seen anything like this before.
There's no way I'm gonna average up on this thing.
That's a way to blow out.
I'm just gonna take my loss like a man and then, you know, fuck this shit.
I'm gonna take the rest of the day off.
I'm not gonna take it off.
I'm still gonna shake in, but man.
When something like this happens, you know, the best thing to do is just ignore the same start.
Because I've done it before in my trading career,
when start to make it back on the same stock, it never ends well, or sometimes it does, but it's just not worth it.
I'm going to do some yoga.
Is it gonna get unhulted?
Yeah, it's gonna get unhulted any second now.
Or is it a 10-minute halt this time around?
I'm not even gonna look at the short,
I'm just gonna look at the the short is lagging like it's like one second lag or something or maybe not I don't know.
It's just better if I just look at that.
Come on, Is it a 10 minute halt?
I'm not fighting it, guys.
Haven't you been here in the past 15 minutes?
I've been trying to cover it, I can't cover it.
It looks like it's going to be a 10 minute halt this time around.
Can't they have some bad news, can't they do like an offering or something?
This is just super ridiculous, man.
I'm getting a Kodak moment here.
I'm covering, I'm covering, okay, I'm all covered, I'm all covered, holy shit, wow.
I lost another 400k on that on hold hold.
I took a four p- I just took my biggest loss to my career.
This is the dumbest shit I've ever seen.
I'm still up on the month, but that was that sucked.
I'm still up a few million on a month, but this is just absolutely ridiculous.
Unbelievable, unbelievable, you what, you're never experiencing things like this,
you've got to be, no matter how long you've been trading or how successful you are, How experience you are.
There's all these bonabides.
What the fuck moments and this was just one of them.
Unbelievable and funny thing if if I had just been quick a quicker to Press the cover button the first time it got unhulted.
I would have saved myself Over a million bucks Now,
this is the question, if I hadn't been short, if I hadn't fat fingered this bullshit, are you kidding me?
This thing actually went up 65%, 67% from where I fat fingered shorted it.
33.15, I think, was my average.
50% in a couple of unholes.
I've never been stuck in a halt like this before never on the wrong side.
I've been stuck in hold of stock I've been in stocks that halted But I've been on the right side,
but never on the wrong side never.
This is the first one and it is even worse Because it's a fat finger I
Still don't know what the hell
happened accidentally like I don't know what the hell like I double click the short button I was gonna like
be prepared for the first red one-minute candle
I even made a video about this setup like you're gonna see it's gonna put in the first red one-minute
candle and then it's gonna go straight down to 30, obviously with a bunch of halts along the way.
Yeah 1.463 million, no 1.467 million.
And now I'm sitting here thinking, should I?
Should I short it if I see on a good setup because this thing is gonna have a 50%
pullback, 40% pullback, intraday from these levels.
Wow, just when you think you are a market genius and this shit happens, then get dumb but shit ever.
I shouldn't touch it again, right?
Guys, you remember when I took a million dollars loss like 4 months ago?
Like percentage wise, that was much worse than this is.
This is not even 10% of my account.
Like it obviously sucks, right?
But that one million dollar loss was more than 10% of my account back then.
So that was worse than this.
Exactly, Robin Hooters got their shakes.
How many percent this is up now, 2,000 percent, no, 7,100 percent?
Hey guys, don't do this at home.
This is for professionals only.
This is for professionals only.
Dumbest shit I've ever seen in my life.
Looks like a 10 minute halt again or am I wrong.
Oh, see, yes it's going, oh fuck, oh wow, now these things are all going.
All the software names are going pretty strong now.
yeah that that that was extreme wow unbelievable and it had to be a start
like it just could it just had to do it like this step this big opens like why
couldn't they just oh my god look at that thing And look at this,
like if you look at a level 2, it's like 50, printing 50, 37, like it gets instantly re-halted.
Is it lagging or something?
Like, it gets instantly re-shorted.
Wow, it actually went up another 100% from where I fat-fingered it.
And now, it's probably gonna have down-sightholds, maybe?
Well, I mean, that sucked.
I have to say that just sucked that sucked but in a way like it was a total accident.
I had absolutely not planned to do the trade, and not only that, not only that by fat fingers shorted it, I double-shorted it.
Dumbest thing I've ever...
It was less like a physical accident.
I wasn't even like doing it consciously.
Let's see, looks great, man, some of these dots look pretty damn good.
And this is my longest term scan, so this one's scan Biggest winners over the past two years.
Like I talked about the one month three month a six month scan Scan yesterday those are the ones you need.
I'm just gonna want to find like stocks that have gone up a lot over the past two years So we can look at good setups
there's not gonna be that many stocks here since it's You know,
I have pretty high volume criteria in the market, and the market is just, you know, just opened.
Overstock we've talked about recently.
But we can go back and look at the overstock back in 2017.
I'm gonna do this in other tab, swing trading school tab.
This is what your setup needs to look like.
This is what it should look like.
No more indicators than this.
Let's go back overstock in 2017.
This was one of my biggest winners in 2017.
and these I traded these setups I traded okay I did miss this one but this was a pretty decent setup And like 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 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 tries.
I think they reported earnings or something.
It doesn't really matter.
It found support on the rising 20-day, first bounce of the rising 20, took this range of 25 on big, big volume.
Surfing the 10-day, building higher lows, getting tighter and tighter, and then breaks out.
This is like, now it's a bit tricky, that's not really a great setup, but here I'm gonna show you this one too.
The first bounce of the 50 day and it has a range break.
bounces the 50 day, breaks this range and big volume.
And then we obviously had good setups here, but I talked about these setups previously on short school, swing trading school.
Overstock I'm sure 25,000 shares for those who follow my long surely short setup But yeah,
I promise 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 too confused
Like guys, just a simple rule.
If haven't made your first million yet, don't short.
Ignore anything I say about shorting, just ignore.
When I mention shorting, I only talk about two of the guys who have made at least a million.
It really had a big, it was never like momentum leader.
But it's been a momentum leader recently.
This year, since the Corona crisis, like this is a decent setup.
A pretty decent setup like this one right here
You get you can just see how clean like you know you need clean set up something just keeps serving
It's not all over the place like it's just keep surfing the 10 day and then the 20 day catches up
Look at this is higher lows and then you have a range here and breaks that range
It wasn't like a super obvious set
up But this was definitely a like a tradable setup
Square we can go back and look back 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 yesterday, so not going to talk about that one.
This one I talked about before, SCDG, this one I truly can't see any, like I've been stalking this thing for.
Just really oh, yeah back here.
I traded it a couple of times Back in 2017
setup This was an earnings winner
Like look at it's in a big big uptrend
It's keep surfing that 20 day then it kind of starts breaks down a little bit and finds support on the 50 day
Palses of the 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 2018,
this one I actually traded on stream, no wait, which one did I, okay, no never mind, this is a very good setup.
bounces clean bounds of the 50-day against C It builds higher lows and then breaks this range
Five-star setup beautiful beautiful setup
I traded this one and then there was another one I traded on the stream
But I didn't follow my own sell rules this one here not as obvious
I think it bounced off the hundred day or something
You know what in order 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 it like yeah, you know that one Never mind forget.
I said that Carvana I talked about the previous few days I think I talked about 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 in 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 they're not 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 consolidation is not that long.
AMD, this one had many, many setups over the years, oh man.
like, I was a really shitty swing trader back in 2016, I was not very good at identifying these setups, but this is a five-star setup.
This is a five-star setup, but it would have stopped you out because on this day here, it took out the low support.
Right, so you would have gotten stopped out, but the setup here was five-star Like I can't go back more than this.
You 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 days candle was kind of loose
But it had this big range break and it had been building higher lows
This thing had AMD has had so many good setups over the years.
Some missed some I traded This is also a really good setup search the 10-day,
undercut-sit builds higher lows for three days, two days, and then breaks out.
Really setup, beautiful setup.
You get the bounce of the 50-day.
finds support on a 50 day builds,
guys, you see this, many these things build higher lows, here it builds higher lows, here, here, here, like before
their breakouts, they of the time build higher lows, very important concept, okay?
It did kind of have a pretty decent setup here,
low, served off the 20-day, 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.
I would have probably traded this setup, I don't remember if I traded, but again, this one would have stopped you out too.
with this method you can have a 30%
win rate and 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 getting stopped out.
The best traders are the ones that can date the best losses.
Okay, this is one I did trade.
Like, you know, look at this thing, it bounced the 20, they started building higher lows.
And this is one of my, oh, what happened on this day?
I like this It's a really good setup.
You 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 it took out the opening range level knows, but it stopped me out.
It reversed after I bought it.
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 in this thing, like with a perfect entry, but it shook me out.
Look at what 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 trait you know well what
can I say what can I say it only went up 96%
95% Guys, the stop is always a loss of the entry day.
you sell a third to half of your position and move the stop to break even,
and then you use the trailing 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 a third to have on either one of these three days either here.
No, sorry one of these three days.
You would have sold the just to lock in some profits,
move your stop to break even and you wouldn't have sold the other two thirds to half until they stay here, okay?
This is where you would have gotten out.
These moving averages work.
The days is an incredibly good moving average for the biggest momentum stock.
It's not perfect, but it works really well.
It's almost like cheating this thing I traded on the stream.
This is like this is a six-star setup on a five-star scale You know,
you gotta fucking memorize this This is a six-star setup on a five-star scale.
You don't get this many of these Look at how tight it is,
bounce perfectly off the 20th deck, it's really tight, this one I traded on the stream.
Unfortunately wasn't really good at following my exit rules and look at the movement mate.
Or no, I did follow my exeterus really well.
I I sold it, I think I sold it somewhere here.
On first, yeah, I did follow my exeterus.
I think I sold it on this day when it closed below the 10 day.
The first group 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 gonna short it.
But you know, this breaks out, it's gonna go to 2000.
I've got a big, 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?
It's been going sideways for months and months.
Okay, is this a good setup?
Well, this one actually was a good setup.
It 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 would have stopped you out.
I traded this one because I anticipated this big, you know, it's not really like what I'm trying to teach you.
Like you want to be in the stocks that have 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 a like 45 degree angle.
Those are the kind of stocks you want to be in.
like we're like we're a 10 and 20 day moving average as in or in this type of
angle right you can just you know or or maybe even like you know something like
this I don't know is this 45 degrees okay guys can you confirm is this like 45
degrees are my missing out this is like 90 Wait, what the fuck?
What the hell is going on?
So you have a straight line, is this a straight line almost?
So this is like 45 degrees, right?
43.25 feet it stopped 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 shorts I have showed PFI,
I think I talked about it, this thing had some decent setups over the years, actually it's kind of No, it's a bit tricky.
It only it like it had some good setups past few months But it's been kind of tricky this it like apps.
I to talk about okay Let's do another 45 degree angle.
This is like 45 degrees, right?
again, this is 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 me, you know You need to learn this, okay?
You need to be on these things.
Let's do another 45 degree angle.
Like, it wasn't that solver.
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 4800 shares.
I think I bought 9,000 shares or something, 8,000, I remember, right?
That's a really good setup.
And if you didn't buy it here, this is acceptable setup too.
Tesla, let's do another 45-degree angle.
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 too good this one I really don't see any good setups maybe like this.
Oh, this was maybe it kind of decent setup.
This just right after the March lows.
This thing was back 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 of weeks after the March lows and this it was just
It didn't really go down much during the corona or we did go down 30% but it was just reclaimed a 50 day.
So it was a decent setup in the context of the market, but you know that's just ignore it.
It may be too much information for you, most of you.
SR Renee, well this one I talked about yesterday I think, or today before, had two really good setups here and here.
Kodak, Kodak looks like it's gonna step me out.
But Kodak too, it's kind of bouncing off the 10-day, I'm building higher lows.
You just clearly see in the daily shot it's building higher lows.
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, you know, different variations.
Like there are variations of these setups.
I know 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.
This is like a 5 star setup.
serve the 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 they trigger once they start taking out the ranges but sometimes you gonna enjoy So,
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 true range.
Okay, so let's say you this is real time You see it right now like the lowest of the day is what 11.05 and the stock is at
So you would have to use a dollar stop.
And the average true 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 $12.70,
your stock would have to be $12.70,
a box 70 and then it wouldn't have been fine then you would have to either buy a
dip if it dipped a little bit or if it you know just let it go it's fine though let's There's so many opportunities,
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.
Mainly, this one has always been a bit shopy, kind hard to trade, not really clean.
This is one I've followed for years, I traded it a couple of times, but never put seeing good setups.
This is a good setup though.
And I think I traded it, I don't remember.
Now, this is a good setup.
It's got a little bit slower stock.
You clearly see it on the short, like the daily candles.
it's just a slower type, but this was a good setup TTT, we've been talking about 10, you know, this one doesn't turn.
We can't go back to 2013.
That's why I find TC2000 a bit annoying.
You be able to go back and however long you want.
You can only go back like five years.
But then, you know, when you have a powerful chart, you a gap up is okay.
As long as you get it on the opening range highs,
let's say opening range highs, the minute or five minute or whatever, you can add on all of them.
Like if you missed the one minute opening range highs,
maybe can add on the five minutes, but the lows of 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, this thing kind of had us set up a couple of days ago, it kind of
bounced off the 50 day, putting a strong candle, and it, you know, started going the next day.
You know, it's a trickier setup, but it's a variation.
Really perfect breakout right here.
It's a six-star setup on a five-star scale.
Anywho, so we went through even more setups.
Today, tomorrow I'm gonna do one another scan and you know we'll 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
and then you know scan for big winners And then you just look for setups,
okay, you see the same patterns they occur over and over again I'm going going This MCHP a good setup.
This doesn't even remotely look at anything I just showed you guys.
No, it's not a good setup.
This thing had a 5-star set up here when I bought it, 5-star set up.
Bounced off the 50 day with the higher lows to count this range.
The stars are up right there Hence why I bought it How do I manage stops,
loads of the day for this method I'm trying to teach you.
You move your stop to break even after the first 3 to 5 days.
It's not a momentum leader.
Like you can clearly say 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 kind of but it's not really there.
It's 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 Hey, she's smitty.
What kind of life question do you have?
Guys, like, don't be afraid to ask me.
Especially like it's like when it's like an 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 Addict metric is not valid for the 45 degree thing, yes it is.
Do I own a child care center?
A care center absolutely.
Oh you mean like the sounds from outside?
No it's my neighbors kids.
They were just running in front of my house.
Yes, I do almost only 99% of my trades are swing trades.
My stops are usually like maybe, you know, half, around half of average true range.
They are rarely full average true range.
I always feel like I'm chasing when the stock is closing in on the full average range.
Yeah, I had a think or swim account, but they closed it because I hadn't funded it.
I a think or swim before it got bought out by a meritrade, I think, back like 2011, 2012, 2013.
But then it kicked me out because I hadn't funded the account, but they had good sharks.
the perfect charts were really good I like them.
Twitter is you know the only bad thing about Twitter it's like it's ADR is only 3.6%
none of you should be trading it none of you should be trading it Okay, I have to see.
But it's like a four-star setup.
Nah, nah, I don't think it's a good setup here.
you should probably use at least 5, 6% most of you, all of you that have less than, say, a of millionaire accounts.
I use 4%, I actually increased my scans from 3.5% to 4% yesterday, and I'm still looking at Twitter.
Crocs no like it's in a nice uptrend yeah,
but it's not tight like it's kind of like shop be 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.
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 because of science?
Let's see how many people leave the shop now.
How do you feed your trading performance good bad from affecting your mood with long one?
My trading is the other way around.
My trading affects my feelings outside of the market, but my feelings outside of the market never affect my trading.
Yeah, I probably can write a book in my about page about it.
I'm going to put it on my...
I did write a little bit about it,
but I need to do a little bit, maybe a few more sentences, how my day goes by.
I'm maybe going to do like a time, around 9, I get up, like 10, I to a gym.
Let's see, okay, yeah, here it is.
How do you spend your mornings leading up to market hours?
Okay, that one I'm gonna write a little bit more on.
I show you the car picks.
Well, I don't actually have pictures of my car.
I have one single video of the car.
I'm trying to find it somewhere on my phone.
Put it on my Google Drive
If I'm still in fastly know why would I be
Well wait fastly I never was in it
Or I wasn't like I bought it here right then I got stopped out I think on this day here and since then I haven't been in
it No easy stop trade entry to stop is no more than one times average to range STGR Yeah,
you know what it could be a good say 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.
Maybe like tomorrow, starting tomorrow, it would be a decent setup, like 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 swing trading school I've done, for exception.
Yeah, every day, no, with the exception.
But Tuesday, Wednesday, and I'm in the swing trading school.
So talked about the sell rules.
Guys, you need to read the about page.
Yes, there is somewhere I could show my current positions.
Or actually, yeah, not on this chart.
But on the swing trading school I use this chart only.
But here, this box here, these are my current positions.
How I use Twitter as a trading tool,
I have a very curated list of people I know are good with what they do and some of them have good trading ideas,
some them are just news guys.
But I think Twitter is a very good tool to get a grip of what's going on.
Get ideas and just news, just what's happening, what's happening.
I'm not talking about stock specific news and sector specific news.
Yeah, thanks, Migi, for...
explaining where my positions are.
Like, wow, this moderator thing is awesome.
Is the video super delayed?
There How's my Swedish investment business?
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 thoughts on IBIO
Like if it can close strong it would be a set up for tomorrow,
but it's kind of kind of weak for now Mara well, I no Mara and Bitcoin.
I mean GBTC There are no setups on them right now.
I don't know, you can just go do their home page and figure it out.
I have no idea what I'm 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 saw.
It was something related to volume, if you remember.
I don't remember which one.
Do I share my current positions or your past rates?
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 because I don't want to have 200 people, you know, chasing the same thing I'm buying or selling.
Like, don't want that kind of following.
only people in here that are willing to learn to stand on it on two legs or see if 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 are looking for that.
Like I think Nathan is sure there's a great guy who's a successful trader
But I just don't think like the scalping is just a great,
it's just it's just so hard It says so many things that can go wrong like you're always like near your entry you you like it's just
I Don't think scalping is you should 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 I found someone who was swing training successfully.
His name is Pradeep and he runs Stockby.biz.
Oh, the ADR formula, yeah, yeah, guys, the ADR formula is on my bug page.
All you have to do is you take the ADR formula.
like i don't even know wait wait how do you do it like if you want to do like let's you want to
create the same scan like i have biggest one month gainers like i talked about these yesterday
biggest one month three month and six month gainers you you put the air volume dollars
click the plus button here choose condition and click here volume Right, and then you choose volume dollars, whatever it is, dollar volume here, right?
yeah, so which is the same thing as, which is this formula here, you can probably put it in manual 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.
And here, wait, why is this 3.5?
Oh, because I forgot to save the page.
But you guys should use like 5 or 6,
and price craft one month ranks,
you 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 But you shouldn't get more than 50 candidates on any of the three scams one month three month and six month gainers
If you know if you get more than say 50 60 candidates,
you should probably increase the rank here or you should increase the ADR percent.
Let's say you have 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 like results.
Like, around 50-60 is good enough on any of these three scans.
Okay, anyway, enough with the short school for today, I'm getting really tired again.
I just need to catch up with the chef.
How often do you withdraw?
Anytime I have a big expense, like taxes or expensive as fuck car, I withdraw money.
Why I don't trade Apple, Amazon, Google and Facebook, because they're too slow.
Amazon, ADR of 3, oh this one is actually kind of high, but it's just I haven't seen any good setups, like there's all these, like there are
better ones there, Google, ADR of 2.4, Facebook, ADR of 2.8, they're just too slow, way too slow, I don't trade slow.
Well actually my car has 619 horsepower, well actually, I don't know what going they call you for the new market wizard book coming out?
Yeah, oh man, I'm so excited for the new market wizard book, holy shit, I can't wait.
Oh, I'm gonna look at this, like, oh, I don't know if I would qualify for the market wizards books.
Yeah, I think it comes in November.
Wizards Why can't I find it should be on Amazon?
I more Market wizards On unknown unknown market research is that the name of oh here is here.
I found it Oh man, November 3.
Oh I'm gonna get this book.
Oh, I'm gonna get this book.
Guys, guys, guys, look at this.
A who turned an initial account of $2,500 into $50 million.
Oh my god, I wanna know his method.
A guy who averaged 337 over 13 years, he would be a multi-billionaire.
So I guess he's kind of like maybe a day training strategy where he withdraws money and starts to work with a smaller account,
I don't know, who knows, I don't know.
A trader who made tens of millions using a unique approach that employed neither fundamental nor technical analysis.
That's also pretty interesting, but it also depends on what he started with and how many years he took.
But it kind of, you know, that sounds exciting.
A 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, guy, that guy's a fucking fraud.
claims he's made like 30% per year over the past 30 years.
He be a multi-billionaire, yet he has 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 multibillionaire don't please don't tell me it's it's him But on the other hand like if it checks wagger,
he probably should have like 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, let's see, say anything about it.
I his claim somewhere, 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 something something doesn't that up I don't know Don't think it's this guy.
No, I think Peter Brandt.
This air says 58 percent All
right I'm promising junior tennis player in the uking who bandwidth his guests for professional sporting career for trading and generated a
Nine-year track record with an average return of just nine years.
So I'm 300 percent 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%.
It's actually let's see how much is it.
Since 2013, not including this year, but up until last year, this is how you turn a few thousand into tens of millions.
You have a triple digit percentage return over a period of...
you know, several years, five, ten years.
That's how you turn a few thousand into, you know, tens of millions.
Oh man, I can't wait for this book.
This is like the most exciting book ever.
I've never been this excited for a book in my life.
I'm like 30 minutes behind reading the chat.
Oh my god there's too many people.
Yeah, GSX is setting up for a nice, oh yeah, GSX, the higher it goes the better.
I took a $16,000 loss on it on half size, but this one is gonna be an insanely good short eventually.
Higher it goes the better.
Again, go to my about page, please.
Guys, those who are new here, you haven't read my about page, go to my about page.
Why did you decide to teach us folks?
It says it on my about page.
Swing trading is also better if you have a regular job.
You have to sit and watch the market all the time.
Oh, this is also something I'm going to put in the about page.
Okay, so I'll put it there Put it here.
That's a very good question.
Yeah a good very good Comment yeah Let's see Day trade.
I'm just trying to edit my about patience.
Why did you switch from yeah, so where is me?
Is comment No, wait, whose comment was it?
How long would it realistically taken to make a million from 100k well it depends on the 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
Yeah, relative strength rating or market speed.
Why do all traders seem to be into cars?
So Well, you know, there's two types of traders who are into cars.
that rent lombos take pictures with them so they can sell the trading service
and then there 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 like to have a nice car.
I'm literally, I literally bought my dream car.
That's not lame, that's fucking awesome.
Wait, is Pratip in the market research book?
No, no, Pratip hasn't been trading...
Wow, is he in the market research book?
Yeah, my top 10 training books, yeah, yeah.
I What do I think about that?
No, doesn't have any momentum.
It needs to be in a 45-degree angle, right, it to be surfing the 10, 20, and or 50-day, right?
Like here was a potential setup, right?
You have the 45-degree angle, you some narrow range of candles, and have a breakout, but it wasn't like a super clean setup.
This is a pretty decent setup, like this one.
You have a big move sideways, and it can break, you know, bounces the 50-day.
It higher lows for a period.
This is like a variation of the setup.
But here it's absolutely nothing here.
No, I paid, no, you don't have to pay US taxes for trading in, no, I pay, you pay taxes where your residence is.
Yeah, I'm going to have changed that and also, I don't know.
So, I'm I'll be Oh, yeah, tax treaties, yeah, tax in Sweden.
Oh shit, I forgot to get my old car from the...
Oh shit, man, I got so excited streaming.
What I think of the Porsche 911, I think looks good, but I would get the Porsche Taycan if I would buy a Porsche.
Oh Pradeep is not in the book, okay.
How much you will be shorting for your lessons?
What made me interested in sharing info and streaming?
Please, guys, you to read my about page.
What I learned from Pradeep, the same exact method I'm trying to teach you is what I learned from Pradeep.
So, I'm Hey guys, those of you who are moderators.
I already talked with you on Facebook, but could you guys write to me on Messenger?
I want to create a group with just you three.
So we can talk things through.
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 the most of the position usually, but yeah, it's a mental thing.
If I'm a member of Pradeep's page, stock piss, yes.
Oh, man, fuck, I got carried away with the stream.
I have gone to my car dealership, but now, fuck, when do they close?
They close in 19 minutes.
I have some stuff I need to get from my old car.
Yeah, chia 6 is going to be a juicy short starting tomorrow.
Look at the Celsius thingy,
look at this setup right here,
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 got a scan for those and...
I'm probably gonna do a blog post about scanning and,
you like more specifically what you should What and also like this setup Kodak am I stealing Kodak?
No, I'm probably yes I am but I'm probably gonna get stopped out.
It looks like it's gonna stop me out You Looks like a lot of the growth stocks are pulling back today,
which is good, well, which is like it's good that I added a few shorts just to like, yeah.
Okay, ROKO is now losing the 20-day, like ROKO is not looking, like I thought they could
bounce off the 20-day so far it's not able to fastly too, it looks really, really weak, not good.
Alright guys, my stops are intentionally taken out.
You're gonna get stopped out.
There is no reason to blame any market makers and you know there are no market makers.
What broker do I suggest?
I use interactive brokers and center point.
Alright guys, I'm gonna cut the stream now, here best for me.
by the way all right I'm gonna cut the stream now thanks to the moderators for
keeping things in traded you have a big big move this is the basic premise okay
I'm gonna show you I'm gonna show you know like a black shirt 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 let this is the start of the swing training school okay so pay
attention so then then you have a moving average usually well like always can I
do like curved lines I can't 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 10-20, okay?
Then it starts getting tighter and tighter.
Go sideways, starts building higher lows.
Okay, and then move, it's just surfing the moving average.
Again, the moving average is usually the 10, 20, or sometimes the 50.
Are you mostly due to 10 and 20?
Okay, I'm gonna show you a couple of order, actually several perfect examples, which I traded myself.
And then they break out of this side range.
And best ones are the ones that show relative strength,
the ones that can't break,
even if the market's overall,
like the indices overall, 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 going to show you like a perfect, 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 higher lows, built a tight range, and then it broke out.
OK, this is a five-star setup.
Another one, I didn't trade that particular one, but I did trade this one.
So, the first one it bounced off the 10 day.
Look at how it's surfing the 10 day.
Then it has a sharp pullback because it gets extended, even the best stocks pullback eventually.
Find support on the rising 20 day.
Start surfing the 20 day.
Actually, it is below the 20 day, but it's building higher lows.
and this is our opening rainshyze and the opening
rainshyze it could be the highest or the first one-minute candle
the first five-minute candle or the first
60-minute candle and the first 60-minute candle is always
actually a 30-minute candle since There's six and a half trading hours in a trading day, okay.
We bought it on stream over the first one and five-minute candles, if I remember correctly.
I think we got stopped out the first time and then we bought the first 60-minute candle.
I think it was like high 700s or something.
This is a five-star setup.
Keep the 10-day, pulls back, there's the 20-day for a while, pulls back again, finds above the 50-day, okay.
Another example would be Tesla, another one.
Here, perfect, perfect one.
Find support on a rising 10 day.
Again, the strongest starts, find support on a rising 10 day, or if it's 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.
We of anticipated the range break.
And the next day it gapped up and we added more on the opening range highs.
Again, it's the first 1 minute, 5 minute and or the 60 minute.
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 and you have to rebuy higher.
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 kept going.
It made a huge move, kept surfing on the 10-day, pulled back.
Now it's finding support on the 20-day and again you have a range.
I know several of you did too, but it looks like it's probably not going to break out today, it may stop us out.
But if it keeps building higher lows here,
find support on a 20 day, it will break out eventually and maybe go to 2000 or something, I don't know, or it may not.
there's no reason to have any opinions about it,
this or that or blah blah, you know, you gotta wait for the price to tell you.
The price is the only thing that pays, not nothing else.
And there's just a lot of them, like, fastly.
This one had a perfect one a couple of months back here.
This one I think we bought on earnings at $30 or high $29.
Yeah, this one we bought on earnings.
But, you know, keeps surfing the rising 10-day, builds higher lows, and it kind of builds little flag up here.
Look at how tight it gets, and then it breaks out.
And you can use the 10 day, you can sell a third or half after the first 3 to 5 days.
Just lock in some, move your stop to break even and then you just use the 10 day.
as your trailing stop and once it closes the first close below the 10 day you sell it so this here and 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 It's just how stocks act like strong.
This is what strong stocks do in 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 is the market.
I like 90% of the stocks I trade are NASDAQ stocks.
I couldn't care if less about S&P 500 or New York Stock Exchange,
like for me the market is nasty So when the 10 day is rising and the 20 day is 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 have to catch the meat in the middle.
This is a momentum market.
I'm up over 200% in the past four months.
This a good swing trading market on the long side.
if you get any breakouts when the 10-day moving average is sloping down,
when a 20-day is sloping down and the 10-days below the 20-day, there's a high fail rate, okay?
You shouldn't trade swing trade on the long side.
This is a good swing trading market.
Very This one, you know, these are can be a little bit tricky, like this was a good period.
This was also incredibly good swing trading market.
you can get select stocks that move higher and have nice breakouts and follow through, but the fail rate is just so much higher.
So there are good and bad markets, right now we are in an extremely good market.
like I wrote on Twitter, I think I said it on stream too, I've already made back that $1.5 million loss from last week.
it let's see, what day it was the last, so I lost almost 1.5 million shorting this code, I've gone to 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 like 7-8% cut of my account.
you already at new highs,
pretty and that's what happens in a good market,
you can have so many fuckups and it will all be forgiven in a,
in a, you know, short amount of Again, this is what, late 2018, not good swing trading market.
You see this, the days looping down during this whole move and the 10-day too.
The 10 they tried to turn up here and here,
it failed, and know, there will be select good setups that may even work, but the failure rate is just, you know, high.
you will struggle because you never know when the market is going to get good again,
you can use these guidelines,
and you'll just start seeing,
like, There will be a lot of stops setting up when the 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, they just won't be very, like some random setups here and there.
And as long as we keep going up,
but the 10 day slopes higher,
the 10 days above the 20 day, you know, and you find a good setup, you should trade, you should trade the setup.
It doesn't matter, you you know, you got to trade it.
Our job is to make money and in a specific, like, a rule-based, like, environment.
That's why it's so important to be aware of these things and develop some rules.
It doesn't have to be anything complicated.
You have to use any rocket science.
I think just some simple moving averages are good enough.
and there's no reason why you can't make 100% 200% 500% per year over a long period of time.
That was today's short school.
I'm going to 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 going questions what do you have written in in the chat is X be a good buy I don't know
is it the 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 don't think it's a good setup.
was better last week when it put in this gap.
Like this was a better setup.
Not a 5-star setup, but know, it's decent-looking setup.
Right here, I don't think it's good.
It needs to get a bit tighter.
Yeah, it's a bit too choppy.
Why do you even mention something like this?
The APT as someone mentioned.
It's just surfing the 65 EMA on the 60-minute short.
On daily short, it's a 10 day.
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 cheating the bad it's just in a range nothing wrong with it
if if a stop 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 in a range, and you know it.
As long as it's in a range, like, you know it.
yeah, VCP, like all the successful traders use the same, like is also like Dan Sanger and StockP and like I trade, it's the same principle
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 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 shorts from the 20s 40s,
50s, 60s, 70s, 80s, 90s, 2000s.
It's the same exact pattern over and over and over again.
Absolutely no rocket science involved.
All you have to do is use some common sense.
Just look at 1000s, 1000s.
of different stocks, preferably from like different decades, you need to build a short patterned data.
Preferably in some kind of like a real database do 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 What I think I'm William O book how to make money in stock is probably one of the five best trading books ever
written How did I start, men?
Yeah, I had many mentors.
Like, I followed a lot of people on like 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, developing that not only works, but also works for you.
Yeah, like the setup, like the stop on all of the low, like the specific,
is at the low sort of day, always at the low sort of day.
And if you missed yesterday's 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 up three times in the first two years.
How do you sit out the bad market?
Well, I'm a little bit of an addict.
I do 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 trading a bad market
But sometimes you know you see something really good is you just can't you just can't help yourself
You got to take it and then it kind of you know stops you out because the market is shit Yeah,
I'm gonna I think I'm gonna show you my scans tomorrow.
I'm getting tired I'm probably gonna cut the stream,
but I'm gonna show you something new like every day like one new concept or scan or, you know, something.
These swing trading schools are totally unplanned, unprepared.
I'm just, you know, winging it.
So there, they may not be a real, very, like, It's structured.
If you start breaking that one teens,
high one teens on one volume,
you this thing could have,
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.
Yeah, it looks pretty decent.
Yeah, it's surfing the 20 day big momentum stock.
This is the hottest sector out there, COVID-19 vaccine.
This is probably, yeah, probably the hottest sector out there.
This one, I'll, wait, how liquid is it?
I may trade it if it has a good setup in the coming days.
Envax, okay, so far not having much breakout from yesterday.
It's getting really extended,
it had several good setups on the way and these things,
no goes up forever, sooner or later, they're going to start failing and then pull back.
What are my strategies in a bear market?
I'm doing more meaner version trades, like version longs, meaner version shorts, like in a downtrending market.
It's just not as many opportunities,
like the best long and short opportunities is when the markets are strong and going higher and there are a lot of big runners,
that's when you get the best shorting opportunities also, not only longs.
Can you show us your only fans premium content tomorrow?
gonna show you got to subscribe you gotta pay you gotta pay for my free non-existing only fans account.
Yeah, it's actually looking pretty good.
Like if it takes out highs for the days later It's actually a really good.
This is a five-star setup.
This is a good one I like it too thin for me to trade,
but yeah, this is a really good one This is a good one guys.
You have a big move tall back find support on the rising 20 day And then you have this tight tight range
and then it gapped up so far it sold off the gap but if it starts taking out
high so the day and it doesn't even have to take out the high so the day like if
it closes really strong like if it
close 305 310 something like that that could be an entry also and then you use the low so the day as your stop
I don't have to wait for it to take out the high so the day or if it closes like I Don't know 310 or something like just a few pennies below the high so the
day that could also be an entry But right now,
you know, right now it looks kind of weak because you checked it on the VVAP.
So, you know, right now it's all about waiting.
Oh, Tesla stopped me out.
Maybe try it again tomorrow if it retests that range.
I a $58,000 loss on it on 2,600 shares.
So fast, we actually almost took out the house of the day after its big weakness out of the gate.
there may be another app spot here, like it's getting really tight, 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.
Either it works or it doesn't.
or no, I didn't get feel on all of them.
I bought like 32,000 shares.
I'm I'm canceling my buy order.
Yeah, there's a lot of concepts.
Like, you need to check my videos on the PIM tweet.
Like, I talk about a lot of them there, but I'm going to go through
It's like new thing every day,
this looks pretty decent,
are you fucking kidding me,
what can I say, I'm an early seller, I'm an early 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.
We've had it's my biggest weakness It's just letting things really like write it out like extended stocks get more extended
I've had so many stocks that have three, four months, I've taken a 50, 100% profit and then they go up another 50, 100%.
It's just incredible how many times it happened.
I'll see you in overstock and one second topia you know I don't know You know, it's gonna pull back eventually.
This is up 3,200% from the March lows.
Like, there's gonna be a big pullback.
Just keeps building higher lows on 60 minutes short.
Look at how it's riding the 10 and 20 EMA's.
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 and 20 EMA's and you know, these things need to start to act as a resistance.
Or if it goes like really parabolic, it goes to like 110, 120 Unless any of those scenarios happen.
I don't see a short in there Man the silver trade is getting a Oh, I need to I need to get some exposure.
I missed the HEQ trade It's getting really tight like chain.
I another eat the look at this thing You know pretty much the same setup.
This is a triple gold minor ETF But it's the same principle.
We a big move it gets go sideways find support I'm not gonna buy it.
I don't have much buying power left.
I'm just super heavily long on a bunch of stuff.
Oh, DPHC took out high school today.
I to sell a little bit more.
a lot of these stocks absorbed the morning weakness,
built higher lows on the 60-minute chart,
like those of you who are like 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 on the rising, oh actually that was yesterday the late day.
No was today, where is it?
had a weak open, like went red, bounced on the rising 10-day and re-cleaned and now it's at new highs.
Mora too, look at this thing.
This was down in the low to 90s when I said it looked like it's found support in the rising 20 EMA and look at it now,
when you're a swing trader,
you can't just freak out any time a stock is having a down
The whole point of swing trading is giving the stocks a room to move, okay?
You in day trading you're always like near your entry, right?
You're always fighting near your entry.
In trading, you just gotta let things, you know, work out.
And sometimes you're gonna get big swings.
without the stock stopping you out, and it sucks, it looks scary, like you look at your P&L, oh there goes my P&L.
But it's all about having a specific pros.
OK, I stopped out of the code I got, whatever.
50 cent loss on it or so.
Yeah, I took a $14,000 loss on that ad.
I guess it was a little bit of boredom trading.
A lot of these silver and gold stocks look really good.
Like this path looks pretty decent.
I there will be a trade in silver and gold,
like I think there's a trade there today,
but I would recommend you guys to one of the ETFs,
like entry was in the 51 dollar area,
no higher than 51.50, now it's like almost 54, but this chain nugget, they still like, I don't know.
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 it found support here.
Like if little bit more sideways, let the 20-day catch up.
And know, the secondary breakout is going to be great.
I think that's back in the range and you know just look at the tight range it's
been in this mid one Mid-high 140s and a low,
or low mid 1500s, like it resolved this range, like either on the upside or down side, it's going to have a 500 point move.
Any direction it breaks out or breaks down.
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 but you know either way it breaks I'm gonna trade it I'll be there I'm gonna
be there with size This lake 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
like APT broke out a few weeks and even a few months earlier,
so APT was all in an APT trend and this is a both are masked, United American mask makers.
So I bought it on this state here, it closed, now my cat is walking on a keyboard, I'm sorry for this.
So I bought it on this state here, it closed inside a range but it didn't stop me out.
And what it started doing is, like, it stayed inside of this range, but it built higher lows.
I 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 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
How do you draw a trend line in TC2000?
You click this button here.
you left click, draw a line, and you push the spacebar twice.
Then will get the same kind of line.
That's how you draw a trend line in TC2000.
Yeah, I used to extend the hours.
Sometimes when a stock stops you out in after hours,
a pre-market, and there is volume, you can actually sell it, you've got to sell it.
Yeah, 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 Dan Shapiro.
I in his room for like four years.
I learned a lot from him.
guys there's so many people in shaft now like I can't like answer everyone there's just too many people writing Alright.
Okay guys, I'm going to cut the stream now.
I'm getting a bit tired of talking.