What's up everyone? All right, in
today's episode I'm going to break down
my trades from the morning. I traded two
stocks. I'm green on one, I'm red on the
other. Today was a little tricky and
part of that was because we had a stock
that was the leading gapper by far and
everyone was focusing on it, but it only
provided a couple of good opportunities.
And so while I did make money on it on
those little opportunities, the rest of
that time it was not worthy of trading.
And yet because it was the leading
gainer, people I think kept trading it
and they overtraded. They probably gave
back profit. A lot of people probably
red on it because it was very very
choppy and then it would go up for like
two candles. Then it was very very
choppy then it would go up again for two
candles. So if you miss those two
candles and only trade the chop, you're
red. If you got the candles then all
right, you did okay. So I'll break down
my trades on that one. But because that
stock was leading in terms of leading
percentage gainer in the entire market,
it made it so anything else that started
to pop up was kind of in the shadow of
that big move. And so unfortunately what
ended up happening was we had a number
of round trips. Stocks that started to
pop up and got slammed right back down
because all eyes were on the leading
gainer. So I ended up being red on one
of those stocks that popped up and
reversed. There were a couple others
that I avoided, but the one that I
traded I thought looked good. And well,
guess I was wrong. And you know what?
Maybe it wasn't just that I was wrong.
It might have worked well on another day
when there wasn't a leading gainer that
everyone was focusing on. But today, all
eyes were on, as you can see right
there, LHSW.
It's got 58 million shares of volume
right now. It's currently up 212%. Now,
it peaked. If we scroll back on this a
little bit, let's see. We were up as
much as
uh let's see. The peak was 346%
today. It's pretty impressive. You can
see this descending or ascending
resistance line that I've got drawn
right there. That kind of held us up a
little bit. We've got room to the 200
moving average still. It's a somewhat
recent reverse split. Chinese company as
you can see right here. Um, and you
know, again, although I traded it and
made some money on it, up $9,15759,
I peaked on it probably at 12 grand.
Gave back a little off the top. It
wasn't super easy. And then the other
one was GMEX. So, let's go back to the
beginning of the day. So, when I sat
down this morning, I wasn't surprised to
see ZCMD
on the top of the scans or near the top
of the scans. This was a stock that was
on the watch list um from Sunday night
which I had uploaded but I had said I
really didn't think it was going to
work. I mean I would watch it but I
didn't think it was going to work
because unfortunately um it had already
made such a big move but then pulled
back a bit too much. So this one I was
worried would kind of unwind back down.
The second stock that was on my watch
list was FXHO. And I sort of felt the
same way that in after hours on Friday
or Thursday, it had made this big move,
come back down, and you know, I just
didn't know if it was going to be
something we could trade. Well, it ended
up squeezing up in the pre-market
session here, but it wasn't able to get
back above 28. And by the time I was
sitting down at about 7 a.m., it was
coming back down. A little too
expensive, a little too risky. So, no
trades on that one. But we did have LHSW
which was already on the scans. Um, and
this one, you know, had popped up after
hours, pulled back, popped up, and then
pulled back again. And it popped up
pre-market and then popped up again
really nicely right there at 7 a.m. Now,
this morning,
this this pop right here was right at 7,
as you could see, and I missed that
trade. I I was I didn't I didn't expect
that amount of volume at 7 a.m. Uh, in
any case, I missed that whole move. It
ends up pulling back, comes back up, and
then right at this moment as it pops up,
there's another stock that pops up on
the scan at 8:30, and it's GMEX. And so,
as GMX pops up, this drops, which sort
of reaffirms that eyes were moving to
GMEX as it squeezed from four up to five
to six to seven to eight to nine, nearly
to $10 a share, and then came all the
way back down.
I was green on it and I gave back the
profit and went red on it. And at that
point, I said, "All right, well,
enough's enough." I was kind of
surprised this didn't hold up better. We
had this headline right here, acquire
letter um of interest to acquire stake
in a California robotics AI company, AI
Robots. I don't know. It seemed to me
like we're in the right market for a
headline like that to perform pretty
well. And yes, we got that big rally up
and then it pulls back and then flushes.
Pops back up. Is it going to get back
above VWAP? It tries and it can't and it
unwinds. And so these were, you know,
areas where I kept thinking we were
going to get the curl, we were going to
get the curl and it kept not happening
and then are we going to get the curl
and it kept not happening and then
finally it just broke down and it was
over. So little disappointing there um
for sure. It's now come all the way back
down to barely even being up today. It's
only up 2% on news. Uh but you know,
unfortunately, there was another stock
that was in the spotlight. Uh we also
had KDZ that popped up, kids. It's a
cheaper stock. Not a big fan of it.
Doesn't usually trade very well. Went
from.7 cents to $150. Nice 100% move,
but no trades on that for me. We also
had Lucy, innovative eyewear. Um cutting
edge eyewear. This stuff is, you know,
crazy, you guys. You wouldn't believe
what they're doing with glasses these
days. So, goes up, but this stock, it
never really does well, to be honest. It
pops up, it sells off. Uh, it's below
the 200 moving average. I really wasn't
interested in that one. And so, then
when suddenly GMEX hit the scanner, I
was like, "Okay, well, this one at least
is, you know, kind of on theme." But,
yeah, the day was a bit scattered. You
see, there's volume across the board on
a number of different stocks. Um, but
none of them other than LHSW
were um, you know, really held up super
well. So on this one, where did I take
my trade? The only trade that I took,
boom, right there on that candle. So the
break of this level was what I was
looking for and that was the one trade
that I took. Um, you know, kind of been
watching it go sideways. GMEX was
watching it here, but then GMEX popped
up. It sold off right here. I almost was
like and then GMEX hit the scanner and I
switched my focus as probably many
traders did. But then this sold off,
came back to support, held that level
and then it starts to pull away right
here and I was like, "Okay, here we go."
So boom, we get that squeeze from 5 to
6, 550 to 6 to 650 to 7 up to 750. This
pullback I was like really hoping we
would keep going, but ended up unwinding
and coming back down. was wondering
right in here if we were going to rally
back through seven back up to 750 for a
squeeze into the open. It couldn't do
it. And perhaps, you know, one indicator
we had this um ascending resistance
trend line kind of right in here. Sort
of broke through it. Then we were back
under it, right? A little resistance at
that level. So today was a little
tricky. Um but you know, a small green
day and that's kind of what this month
has been. Small green days so far. Uh
Wednesday I was up about 8,000. Friday
was up about 8,000. Uh, sorry. Wednesday
and Thursday, no trades on Friday.
Market was closed. Uh, and now Monday,
you know, another $8,000 day. So, kind
of chipping away here, working on
building the cushion. Uh, and slow and
steady is the way to go. I'm not I'm
trying not to overtrade. Wait for good
quality setups. And I might not be right
on all of them. You know, today I was
sort of 50/50, but um but at least LHSW
gave uh a decent trade and so that was
um that was worth waiting for. Now, as a
reminder, our Fourth of July sales are
ending tomorrow at midnight. So, if you
haven't already checked them out, come
on over to warriortrading.com,
check them out. All new members will get
access to this software right here. When
you become a Warrior Pro member, you'll
get access to these charts, scanners,
newsfeed for 90 days. You'll also get
access to our simulator right here for
90 days. Shift one. You want to jump in,
you want to jump out, you can actively
trade, you can monitor your performance.
You go over to, let's see, let me open
this up, make it a little bit bigger.
So, you go over to your metrics and you
can look at your aptitude and now you
can monitor uh the type of stocks that
you're trading and doing well on what
you're struggling with. And if you
looked at someone's metrics and you saw
they were really struggling, you know,
in one particular area, you'd probably
encourage them to stop trading uh what
is uh not paying off very well. Now, my
metrics on the sim are pretty poor
because I usually do what I just did,
which is shift one and control Z. I jump
in, I jump out, and you know, lose
between the spread. But this is the
place for you to practice the new
strategies you're learning. It's a safe
environment. This is what we want you to
do. Prove you can make money in the sim
before putting real money in the on the
line. So, and as part of a war, as part
of your warrior pro membership, you have
access to all these classes that you can
go through. And so, you can actually
learn the ins and outs of the strategy
that I'm trading every single day. And I
suppose uh best of all is you've got a
7-day satisfaction guarantee which gives
you the chance to get into the classes,
start using the software, and see
whether or not it's a good fit for you.
You get to take advantage of the Fourth
of July sale. And if it doesn't feel
like a good fit for you, you get a full
refund as long as you email us on or
before the 7th day. So, I hope you guys
check it out. And I will be streaming
tomorrow morning bright and early as
always at 7 a.m. Reminder, trading is
risky. My results are not typical and
there's no guarantee you'll find success
whether you trade with me or you learn
on your own. So manage your risk and
please practice in the simulator before
putting real money on the line.