Made $39,476.53 in the Desert and Donated it to the Navajo Nation ☀️

All right everyone, good morning. Well,
I am streaming here from
the desert and
just just outside the Navajo Nation in
Utah
the border of Arizona and I thought I'd
let you guys watch the sunrise here a
little bit.
All of today's profits will be donated
to charity.
I'm going to be donating these profits
to
three hospitals that serve people
that live on the reservation and I'm
also going to donate to a charity that
is helping
provide access to clean drinking water
on the reservation.
So right now it's about
gosh, what time is it? It's about 5:00
a.m. here
right now.
So bright and early
for East Coast trading.
However,
this
is my routine and you know, I start
early every morning.
So
I am green on the day as you can see
already. So
at this point have
about $23,500
that I'll be donating today.
But I'll give you guys a chance to help
me increase that donation. So for those
of you guys that are tuning in live,
if you hit the thumbs up, it'll add an
extra dollar to how much I donate. So if
we get
uh
8,000 thumbs up, I'll donate another
$8,000. So that'll bring us up to a
little over 30 grand today.
Um
as I sit here right now, we've got about
2 minutes to the top of the hour.
And
we have already had some decent action
this morning. I'm red on one stock. I'm
green on the other.
Um
you know, kind of
We finally had a stock that put in a big
move, which is great to see.
And that was AMSS.
Interestingly, it was on no news. So,
this is
kind of been a theme recently that we're
seeing these stocks squeezing up with no
seemingly no catalyst.
You know, which
it feels a little confusing.
My five pillars of stock selection
include price,
the percentage that it's already up on
the day, the relative volume, the float,
and number five, I like to see a news
catalyst.
However, I will accept trading without a
news catalyst when something is moving
quickly as AMSS certainly was as it made
this move this morning from about $4 a
share up to about $15. So, we did get a
nice move on that, but you'll notice the
absence of news. Now, my trade on MNTS
is interesting because that
is trading with a catalyst. And the
catalyst there
is that they do work with SpaceX. So,
they're contracted with SpaceX. And so,
um
this is um
a little interesting that this one
failed, squeezed up, and then double top
and rejected coming back down.
Um but in any case,
it is what it is.
So, for those of you guys tuning in
perhaps for the first time on YouTube, I
used to do these live streams. During
the pandemic, I was doing them pretty
much every day.
And then when the pandemic, you know,
ended or whatever,
uh
this would say.
Uh
I I stopped doing the live stream. So, I
still stream every day for members at
Warrior Trading.
Uh Uh and those I'm streaming right now
for those members as well.
Uh but I I don't stream on YouTube on a
daily basis. I do upload my recap each
day.
Uh so, this gives you guys a little bit
of a
um kind of like
view behind the curtain of what it's
like uh
in the chat room
and what it would be like as a member.
Now,
I I'm out here uh because we had the the
long weekend. We had Memorial Day
weekend. So, we had a holiday um
on Monday to honor um the men and women
who served our country here.
And
you know, it's um
I thought that the that was kind of a
It's an It's an interesting time to come
out here because there's um
we sort of have a country within our
country that
um
has been, I think, left behind in a lot
of ways. And
I wanted to um
I wanted to see if I could do something
um
to learn more about what life is like
here. Um As I mentioned earlier, my mom
spent a lot time
um here in the '70s and always talked
really fondly about
her experience. So,
uh this is something I've been wanting
to do for quite a while.
And uh being out here is really
eye-opening. It's very different from
the East Coast, as all of you who
already live out here are well aware. Um
and I feel very privileged to be able to
sit down, you know,
connect my Starlink or whatever, you
know,
uh it is at the time, get connected to
the internet, punch some buttons, and
make um you know, the amount of money
that
that I've been able to make. Uh
so, being up $23,000 today, I mean, this
is
this could easily be a full year of work
income
um for someone around here who is not uh
you know, didn't fall into the situation
that I fell into which
you know, is
that's the luck of the draw. And there's
nothing you can do to control that, but
when you're as
fortunate as I feel that I am, certainly
there's people that are much more
fortunate than me. I you know, whatever,
but
when when when you have some degree of
success,
I think it's important to give it back.
And so one of the goals that I have this
year is donating to a children's
hospital in every state in the United
States. So all 50 states.
Um
And uh
I I'm at 21 right now. So I've donated
to all the states in New England and
kind of you know, moving down and now
I've gotten
hospitals here in um
Utah, Arizona, and New Mexico that serve
um
uh
people that live on the Navajo
reservation.
And a lot of this is part of the small
town challenge that I'm doing
which is going to begin next week. So
many of you guys know that the pattern
day trader rule which has been in place
since February 27th, 2001 is going away.
And so as that goes away,
we're expecting a bit of a change in the
market. So I'm going to start a small
account challenge.
I've already decided on a broker, but I
haven't announced it yet. And that'll
begin
um
well, we'll see officially what day the
broker
unlocks trading, but if not Thursday or
Friday, then maybe Monday the following
week.
So
and we do have um our Memorial Day sale
here at Warrior Trading and that ends
tonight at midnight Eastern Standard
Time.
And so for those of you guys who've been
tuning in on YouTube
watching from the sidelines, I think
this would be
a really fun summer to become a member
of Warrior Trading. We've got this
change in the PDT rule. We've got just
so much going on. So,
I hope you guys will
check out the link that's in the
description to join during the Memorial
Day sale and
and enjoy this free broadcast here today
on YouTube. So, thanks again for hitting
the thumbs up.
Um
I'm going to be streaming here until
probably about 9:00 a.m. Probably
streaming for about an hour.
And I may trade, I may not trade. You
know, it'll depend on whether or not a
good opportunity presents itself. But,
I'll give you guys my market commentary
as we go.
All right. So, um
You guys who are just tuning in, um
feel free to share the link or the feed
with some friends if you'd like who you
think might be interested in tuning in
and watching as well. We'll be here for
a little bit.
I neglected to put on my sunscreen. I
may find that that was a
mistake.
Of course, it's not very sunny just yet,
but I'll give you guys another
look at the view.
Actually, I'll sit on this side that way
I've got my microphone.
I had a
There we go.
So,
it's been very nice out here.
A lot of hiking, a lot of things to do.
I think it's hard on the video to really
um
capture the
vastness.
So, as you can see here,
um
MNTS, a little bit of volatility popping
up and dropping back down.
Um so, let's just see what this headline
is.
So, pricing of a $25 million private
placement. Usually, I like the private
placement catalyst.
Um
but the price action is not really
telling me that I should be a buyer
here.
So,
although the catalyst is nice, I'm not
going to
take that trade right now.
So, my process each day for the most
part,
um I'm not going to go full small, go
full screen on this.
Um
when I'm trading, you'll see my P&L
behind there, but
my process each morning generally is I
sit down and I look at the leading
gainers. Um we've got a leading gainer
right now that's a little bit cheaper. I
skip over that. It also has no volume.
AMSS, this is a stock that popped up
with no news this morning. Um and it
suddenly went from about $4 to 6 15 $16
a share. Didn't expect it, but um man,
that thing ripped. So, got a little
trade on that.
QTTB, this one's hitting our scanners
right now. It's also announcing a
private placement. Um currently forming
on the 5-minute a tweezer top. So, you
have those two candles both with topping
tails. So, they've got the little
pinchers.
Um
you don't want to get pinched by the
tweezer, right? That's going to hurt.
What those topping tails represent is
that while the stock squeezed up, it
came back down. Squeezed up and came
back down.
So, that inherently, uh is showing that
there's some bearishness there. Um it
doesn't mean it couldn't work. It could.
On the 1 minute, it's showing um a
little bit more support in this area.
But, I generally have a hard time buying
when you've got a big topping tail like
that because I worry about a um a pretty
big rejection.
So, that's probably not going to
be an easy one for me. I'll just pull up
the level two and look at it more
closely.
Now, when it comes to level two, um I
don't stream my level two
uh generally speaking because this is um
market data you have to pay for. But,
I'll just show you right here. You see
how this shows a big E?
That means the stock is easy to borrow.
And when a stock is easy to borrow,
usually at least initially when it
starts to pull away, there's more people
who are going to short it because it's
free to borrow. You don't have to pay
anything to locate shares. So, when a
stock is free to borrow, people like to
short it. One of the challenges with
short selling is accessibility of shares
and the cost of shares. So, shares
sometimes are available, but they're
very expensive to borrow. Although,
often times on small caps, they're not
available. So, in the case of this
stock, shares are available.
You can borrow it. And um it shows that
you can use leverage as well. That 25%
right in the corner there, that means
you can use four times leverage. Now, if
we switch to AMSS just for a second, um
AMSS
shows that it's on L for locate, which
means it's not easy to borrow. It's on
CB, which is short sale restriction. And
it requires 300%
uh margin in order to trade it. Which
means if you wanted to short uh $10,000
worth, you would need 300,000, sorry, uh
30,000, 3x in your account to support
the short position as a margin
requirement. They have those higher
margin requirements because the clearing
firm is worried that this is a type of
stock that could go up 300% and you
could end up getting smoked on it. And
so they want to make sure you've got
enough money in your account to tolerate
it going up against you before suddenly
your account is going into the negative
and then the broker is on the hook until
you can pay them back.
So,
the underlying,
um, kind of structure of these stocks,
they can really affect whether or not
they can squeeze, include the float, the
number of shares available to trade,
whether or not it's easy to borrow or
hard to borrow,
the margin requirements,
uh, the cost to borrow if it is uh, hard
to borrow cuz sometimes you have a stock
that's hard to borrow and it's really
cheap and sometimes it's hard to borrow
and it's really expensive. Um, you also
have the short interest, which is the
total number of shares available, uh, or
have that are currently held short
against the stock.
And,
um,
and then you do have the available
inventory. So, I'm going to pull up a
website, um, for you guys here for 1
second.
Um,
this is called Ortex.
And I started using this during the
pandemic.
Um,
this is a company,
their their primary, um, offering
is that, uh, they provide, I'm going to
put it on screen share in a second, I
just got to get logged in. Their primary
offering is that they provide, um,
access to what they say is nearly
real-time short interest.
And so that short interest, uh, tells
us,
uh, with a lot of detail, how many
people are holding the stock short, uh,
you know, against the total float.
So, if you have a float of
let's just say a million shares.
And 700,000 shares are being held to the
short side. That means you've got 70%
short interest.
So, let's look at um
QTTB just for instance.
Okay, so on this one um
short interest is 5.7%.
Only 7% of the available shares to short
are being currently shorted.
Um and the cost to borrow is up about 8%
in the last 30 days. So, it's not that
significant. Let's look at MNTS.
So, MNTS
This one's a little bit different.
Um
Short interest is 12%. The utilization,
however, is 89%.
So, that means there's not a lot of
shares available to borrow on this.
So, that's interesting. Um but because
the total interest is only 12%, uh you
wouldn't probably be able to get a um
real short squeeze on it because the
short interest won't be, you know, 70,
80% or higher.
Anyway, so I reference this um site
occasionally when I'm trying to figure
out if a stock um
is a put is a contender or or has
potential to give us a short squeeze.
Now, by the way, for those of you guys
tuning in um
just in the middle of this broadcast,
welcome. Uh I am streaming today from
the desert uh just outside the Navajo
reservation. And all of today's profits
are getting donated to hospitals that
service um people that live on the
reservation. And uh I'm also going to be
donating to a nonprofit that is working
to expand access to water, drinking
water on the reservation. Um
you guys
may or may not know this, but
uh beginning around the 1950s, the
United States did a lot of uranium
mining here in this area. Um a huge
amount of There was over 500 uranium
mines
um on the reservation.
And although mining has been banned
since the early 2000s,
um
the
a lot of the mines were not properly um
uh I don't know what the right word is,
but you know,
um
decommissioned, cleaned
uh of radioactive material.
And so a lot of the drinking water is um
contaminated
uh
on average with four times the amount of
um
radioactive isotopes than
what you know, you would consider to be
standard.
Uh but with some places being even much
higher than that. So the rates of cancer
and um thyroid illnesses and things like
that are much higher.
Which is why I wanted to do donations to
the hospitals, especially uh thinking
about pediatric children's hospitals. Um
but
donating to children's hospitals um
you know,
is is good and I'm grateful to do that,
but I also feel like
you know,
is there a way that I can help with sort
of the actual cause um of some of these
issues and
there's only so much any one person can
do, but
um
donating today's profits for
um
you know, for I I think for um
drinking water is is is one step in the
right direction.
All right, so let's see.
So, it's about 5:15 here local time.
I've been up since 3:30.
So, as I had mentioned, those of you
guys tuning in, you're welcome to hit
the thumbs up. Anyone that hits the
thumbs up, I'll add an extra dollar to
how much I donate. And of course, if you
want to do direct donations to hospitals
in this area or
these nonprofits, you're of course
more than welcome to do that. I think
that's a wonderful idea.
So, I am on my laptop here. This is my
traveling trading station. It's pretty
basic.
And I really don't need that much. I've
had times where um
I flew somewhere and I I remember this
happening
a couple years ago. I flew on a
vacation, got there and realized I had
forgotten my charging cable. Ugh.
And so I call all the computer stores,
you know, I need a new charging cable.
And none of them have it because I'm
using this Falcon F30. It's got a very
specific charging cable.
And so I say, you know what, just
I'll just buy a laptop. And I bought a
laptop for it was like $1,500 and that
week I made about $60,000.
And then I gave away the laptop at the
end of the week. Didn't need it anymore.
Um the laptop is a tool.
The laptop is not
um
it doesn't matter how good of a laptop
you have, it's not you know how good the
tool is really, it's your skill to be
able to use it. And so, one of the
things that I, you know, work towards
doing is helping
provide you guys,
certainly members of Warrior Trading,
but also those of you guys on YouTube
with um
you know
insight into the strategy that I trade
every day.
So you can begin testing it out and
implementing it in your own trading. But
as always, you know, I put up my
disclaimer
as a reminder that you know that trading
is risky and that my results are not
typical. I have been trading for a long
time. I funded my first account in 2001.
That's 25 years ago. So you know, I've
been doing this for a long time and um
you know, the fact is
um I've seen a lot of traders come and
go.
And when we think about the leading
causes of failure as traders
and I'll move aside so you can enjoy the
view for a few minutes. When I think
about the leading causes of failure here
as a trader
the things that I really am noticing uh
for a lot of people is probably
Uh number one, trading
with a lack of strategy.
So number one is skill.
Ultimately, how much you make will be
limited by your skill.
And so, you don't have a lot of skill,
you won't be able to make money. That's
number one. Number two is the market.
You've got to understand the market
you're in. Some markets are incredibly
strong and you can be incredibly
aggressive. And you know, you can even
be a little sloppy and still make some
money because the markets are just so
darn strong. Um but when they're not
that strong, you need to be able to
adjust and pivot. And that's something a
lot of beginner traders struggle with.
They might get a strategy dialed in and
make good money when the market's hot.
But then when things cool down they give
back everything they made. So they're
not really able to adapt to changing
markets.
Number three, third reason traders fail,
they lack discipline.
Having the discipline, number one, to
trade
with a level of risk that's appropriate
for your skill,
to trade based on the market you're in,
not the market you want to be in,
to know when to walk away each day,
whether you're red or green.
It's a skill that requires a lot of
refinement. And it's something that
requires a high degree of practice and
emotional intelligence.
And it's discipline that you have to
build within yourself.
So, building that discipline
is something that you've got to work
towards.
And
I actually uploaded an episode just Oh,
I think it was last week um
about the different reasons traders
fail. So, you guys are welcome to check
that out if you'd like. I go into a
little bit more detail, but
um
I think that
trading is one of those things that
you've got to survive till you thrive.
And
you've got to do everything you can to
avoid blowing up your account
prematurely. But, ultimately what a lot
of traders do is they come in, they go
big, and they might have some beginner's
luck, but ultimately that approach of
going big ends up burning them out.
And I I really don't want to see that
happen for you guys. So, that means slow
down,
practice a simulator, and treat this as
a marathon,
not a sprint.
So, can I show my trade on AMSS? Yeah, I
can show it. So, I started this morning
um on
um MNTS. That was the first stock I
traded.
And I traded this right at 7:00 a.m.
I still managed to lose on it, but I got
in uh right here at 7:00 a.m., but I
kept adding as it went higher. I thought
this thing was really going to explode.
And as it came back down, I stopped out
and took a loss. So, um I was I was
disappointed by that, but I lost 1,600
on the first trade. And then I got back
in as it came back up here.
Uh
let's see. I just move this pointer.
Sorry.
I got back in right here, and then I
lost again on it.
So, the first loss was $1,600. My max
loss on the day is 5,000. I didn't hit
my max loss, so I kept trading.
And then AMSS hit my scanners.
Now, I actually have my scanners on
mute. Even though they have audio
alerts, I had my scanners on mute. So,
this is the bell you can click, and you
can turn them on. Well, I had my whole
system on mute. So, I didn't hear the
alert as it started to hit. If we go
back here,
AMSS first hit the scanner
at
Mhm, I think it hit earlier than that.
Let's go back here.
Our first alert was at $5.56.
Granted, the volume was light at that
time, and there was no news on it, but
that's when it first hit that scanner.
We might have gotten alert on the
running up scanner sooner, but in any
case, I'm not going to scroll back for
it.
So, it hits the scanner,
and it starts squeezing up a little bit.
And
um
it ends up giving us this first pop all
the way up here to a high of 10. And so,
my first entry was on that pullback
right there.
And I made $7,000.
So, with that, I was up five grand on
the day after my loss from the first
trade.
Then it pulls back, and I get back in
right here for the curl through the new
high. And I bought this little pullback
right here. And my final trade was right
here.
And this was actually my biggest
position of the day.
At that point, I had the most
conviction. I felt like I was moving in
the right direction. And so, I was
looking for that squeeze higher. And it
stalled out. And I got out with It's
guess a small profit, but it could have
been easily a loss. And so then I said,
all right, I'm not getting back in this.
I'm going to leave it alone.
And so with that, uh that was my last
trade. And that was at about
7:22. So now it's been 1 hour exactly
since my last trade.
Now, I don't love it when
I end up having these kind of long, you
know, periods where of no trade like an
hour. I would rather be taking trades
every few minutes like
kind of keeps me like very active. Uh
but just as it sits right now, things
have cooled off a bit.
I don't know. I have a monitor on the
ground here. Let me lift this up.
And this, by the way,
is my um
portable USB monitor.
So I just plug it into the USB cable and
then
just like that,
I've got my extra monitor here.
So let's see. Where are we at with the
thumbs up? So we're at 1,200 thumbs up
right now, which is going to be $1,200.
Um so that'll put us up to about 25,000
that we're donating today. Um
for um the Navajo Nation.
All right, so let's see.
So AMSS, that's out of play right now.
Um
MNTS
About half the drop is sort of sideways.
I think what we might be best off doing
at the moment is waiting to see if we
have something that comes out of
breaking news.
Um one of the challenges with
continuing to trade a stock like MNTS or
AMSS is that at a certain point, it kind
of feels like I'm trading the back side
of the move, you know, that we've
already had
um
you know, we've already had the big pop
and now it's, uh,
it's just not strong. I'm worried about
that.
So, um,
my small account challenge, as a
reminder, the plan is that it'll begin,
um,
at the end of next week. Uh, it is
dependent on the brokers enabling
trading without the 25,000 minimum.
Because I'm going to be resetting the
account to $2,000. Uh, in fact, my
account's already at $2,000. I've
already set it to that. Uh, it's with a
different broker. But,
um,
right now it says I'm restricted from
trading because I'm below the pattern
day trader minimum.
So, I'm hoping that, uh, they're
supposed to list lift the minimum on
Thursday, June 4th. And so, Thursday,
June 4th could be day one of the small
account challenge. But, it's possible
that it'll, um, not be till Friday the
5th or even Monday,
um, the 6th, 7th, 8th.
But, it it really depends on the broker.
So,
the interesting things,
um,
I think with this small account
challenge, um,
is
because it's not a cash account, I'm not
restricted to one trade per day,
the way I typically would be,
um,
you know, in the past when I've used a
US broker.
So, I I can take a lot of trades each
day, but is that the right decision? You
know, to take 30, 40 trades in one day?
Well, with a commission-free broker, you
know, I I could,
um,
I'm not sure that that's the right move.
I think that what would be better
is being patient, waiting to find one
stock that's strong and then today for
instance
uh today I've got about 15 trades on
AMSS
and I think that that would be okay.
If I have 15 trades one day and then
maybe no trades the next day.
Um
but if I'm focusing not on the number of
trades I need to take each day but on
waiting to find the strongest stocks
each day and then being aggressive on
those.
So looks like we've got about 2300
people uh streaming here on YouTube. So
thank you guys for tuning in. Um
again all of today's profits is getting
donated to the Navajo Nation um here in
uh Arizona, New Mexico and Utah.
And uh I'm adding an extra dollar for
each of you guys that hit the thumbs up.
So I hope um we can pretty easily get
$2300 from all of you guys hitting the
thumbs up. And that'll get us up towards
$26,000
that we're donating today.
So we have about 2 and 1/2 minutes to
the bottom of the hour.
Um
by the way I should mention that for
those of you guys on YouTube, YouTube
inherently has a little bit of latency.
Um
for our members at Warrior Trading where
I'm streaming right now as well, I'm
using an ultra low latency streaming
server.
Uh we custom built our software. This is
the software that we use that you can
see on screen share here. The chat room
is um one of the windows inside this
platform. So you can open the different
chat rooms.
But you can see my broadcast.
So the broadcast coming through here um
our platform is a little bit faster than
what you get on YouTube. So if I do end
up taking any trades um here this
morning, just know that what you hear is
going to be a little bit delayed. So
make sure you're not trying to blindly
follow me. You should never do that
anyways, but just as a reminder.
Make sure you're looking at the stock if
you like it and executing the trade
based on what you see right in front of
you.
Trade the chart and the level two right
in front of you.
Don't just blindly follow me or anyone
else. Now, there's a lot of people out
there
that send out like text and email
alerts.
Um,
you know, and they're trying to
encourage you just to blindly follow
them. Uh, and I really
I'm against that. I don't think that
that's a good recipe for long-term
success.
Um, by the time you get the text alert,
open your
trading window. I mean, you're you're
minutes
could be several minutes behind
the initial entry from the alert.
And if that alert is going to thousands
of people, all those many people may
have bought before you and
you know, so you're you're kind of
playing a game of chasing. And
I just don't think that's a recipe for
long-term success. So, I I would advise
against doing that.
And I am trying to keep my voice down a
little bit. It's still 5:00 um
Well, it's almost 5:30 here.
All right, so we've got 30 seconds to
the bottom of the hour.
So, as we approach the bottom of the
hour, the scanners that I'm looking
closely at are um
over on this
area right here, my low float top gainer
scanner.
My small cap high a day momentum
scanner.
And my top gainer scanner.
So, I look to see if something starts
moving on these scanners right after
uh the bottom of the hour, because then
there's a high likelihood that it's
moving because there is some type of
breaking news.
So, ASTI was sitting in the scanner
before the bottom of the hour. This is a
solar company.
I'm not really that interested in solar
right now.
Now, AGPU is popping up. It's got 10
million share float as you can see right
there. It also has very light volume.
ASTC is popping up.
Looks like my feed is buffering just a
little bit.
Running a broadcast to places at the
same time is probably slowing things
down for me just a smidge.
So, I'm still mentally on East Coast
time, so it's not really a big deal for
me to get up early.
>> So,
yeah, I'm going to watch ASTC.
Um
but when you see big sellers, that does
throw me off a little bit.
I'm just going to close my uh Firefox
browser. I think that's
slowing things down a little bit here
for some reason.
So, I go auto.
auto
So, what we're experiencing here,
um
is called a micro pullback.
I'm going to buy the dip down here.
Um and I'm looking for a quick pop back
through
um
I would like to see this pop back
through 450.
So, watching over 445, added there, and
now looking for a squeeze through five.
And I take a little profit off the table
as we get up towards $5 a share.
So, that's a 24,000 share position.
Um
I always want to make sure I pay myself
as it starts pushing higher.
So, I took my profit off just as we
approached $5.
That's a technical setup called a
1-minute micro pullback.
So, now I'm going to watch to see if
there's another trade. So, now we're at
$35,000 donating to
uh the Navajo Nation today.
I'm going to take a little more off the
table
while watching this.
So, what I like to do on the second
trade
So, added back here for the break of uh
550 and looking for a squeeze up towards
six.
So, over 585 is the next add for me.
Added there. Oops, so now big seller
comes in. So, I take my profit off the
table. So, I had profit there, but I
ended up selling that for
a loss. Um Not a big loss, but a small
loss because all of a sudden a big
seller came in there right around 575.
So, I just move out of the way. I just
jump back out and I can get right back
in. You know, if this goes right back to
575
or six, that's fine. But, if it's not
going to hold that level, then I just
got to step off. So, I pay attention to
those big sellers. Now, what I'm going
to do
is I'm going to go take a quick look at
the SEC filing on this.
So, see there's a 20,000 share seller
there.
So, Astrotech Corporation.
So,
So, looking at their P&L,
so they are losing money, but
so they do have some assets.
Uh it can be a challenge trying to do
this due diligence uh while trading at
the same time.
So, as we sit right now,
we have a high here in the 70s, uh but
we know on the 10 second how we dip down
before we curl back up.
So, AstroTech board approved strategic
initiative focused on lunar resource
development, autonomous lunar
institutional or industrial
infrastructure, and future moon-based
advanced computing.
So, I would say
the catalyst is probably piggybacking a
little bit on um
uh SpaceX, but
that doesn't mean it's going to work
super well or hold up super well.
So, very minimal revenue, a lot of
expense, loss from operations.
How much cash do they have?
So, cash and short-term investments.
So, now let's go back and see if they
have a shelf registration.
They do. It was filed in January.
Giving them the right to raise $30
million by selling shares.
So, now let's check the cost to borrow
on this.
So, in my platform right here, I can do
a short locate and I can locate shares
and see how expensive it is.
So, I'm just going to do a short request
on ASTC and see what the price is.
Is it cheap or is it expensive?
So, technically that was another
1-minute micro pullback, although I was
a little hesitant about it.
Cost to borrow is between 5 and 12 cents
a share right now.
So, it's a little expensive.
>> So our current high day is 644. Just
checking the short interest ASTC.
So short interest shows only 3%. Cost of
ours up 166%. Utilization is 11%.
So it's not from a technical perspective
showing that it's a short squeeze, but
the longer it holds up and you know,
doesn't roll over, there may be more
opportunities.
So the question is where is support? And
where is where would be the next
breakout spot?
So you know, obviously a trade through
the high of day is aggressive. There's
more risk on that.
We're up 155%, which makes this our
third leading gainer.
I'm going to take a little starter here
for just a quick squeeze through the
half dollar.
And then new order goes up at the highs.
So one of the things I try to do is I
try to pay myself a little bit when I
get a profit
and then add back.
So I took half off the table.
Now we've got a seller that came out at
39. I can see the seller by the way on
the level two. So if you're not using
level two market data, um you're really
at a disadvantage
because I can see when big sellers pop
up. You'll see them, you know, like a
30,000 share seller. It'll show 300.
Uh but you'll see when those sellers pop
up.
So, the top of that candle went all the
way up towards seven, but then pulled
back.
So, see that seller there at 37 or 40?
That's what I was looking at.
Okay, so I'm going to move this back to
my other monitor. You've got to
subscribe to your own uh market data
subscription.
So, watching down here potentially for
another dip, but
So, watching. Right now only holding
1,500 shares. So, it's a smaller
position for me.
I'm slightly red on it, but um
So, I just got out the rest of that
break even. Uh I I don't I'm going to
just give it a little bit more time. It
has range. It is moving. Um but I I
would like to see it holding up a little
bit better.
So, as of right now, we now have raised
$38,957.47
for the Navajo Nation. Um not including
the thumbs up that you guys have um
have added. So, good job. Um all of
today's profits is going to uh charity
as I had mentioned earlier.
So, I am trading right now in the
desert. Um just outside the reservation.
Uh it's 5:40 in the morning.
I've been trading and up since about
3:30.
The sun is rising in the in the
background.
So, ASTC, uh that that's also a great
example of a stock with breaking news,
right? We got breaking news on it. Um
you know, is it the most um
Is it the most exciting um move I've
ever seen? No, it's not, but it's it's
not bad. That's a decent move.
We've got some decent volume on it.
Um I also want to remind everyone that
our um
Memorial Day sales are ending tonight
at midnight.
And then that'll be um
uh
the end of the special discounts that we
have on our Warrior Starter and our
Warrior Pro
um memberships. Um
So, ASTC right now.
So, you can see that the 5-minute chart
is pretty extended. We had that big
candle that pushed up.
So, right now I'm just going to sit
tight um and wait a second.
I'm going to grab some sub screen, hey.
>> Mhm.
>> Okay, so it looks like we've got another
rally back up.
So, I usually approach the second rally
being a little bit cautious, but what a
nice pop through seven.
So, no second trade on that just yet.
Our new high day is 774.
I had my hand kind of on the buy button,
but I hesitated. I had just sat back
down, so I kind of missed that.
Just the way it goes sometimes.
I was looking at daily resistance
levels.
I was going to get that trade without
me.
If I hadn't gotten up to get sunscreen,
I would have uh gotten it, so
my
pale complexion.
So, now that's a little rejection up at
the top.
So, our next opportunity for news
realistically for like a new stock would
be 9:00 a.m.
Um
You know, again, there's that 30,000
share seller that's coming out kind of
pushing it back down.
So, let's see where we're at with thumbs
up here
um
on YouTube. I had mentioned that um all
today's profits are getting donated to
charity
um to the Navajo Nation here.
Uh I'm just outside the reservation
right now, but
um
So, I've going to I'm going to donate
$38,957
today, which is my trading profits, and
then um
you guys who are hitting the thumbs up,
um, those are all going to add to a
dollar for every thumbs up.
So, I hope you guys are enjoying this,
uh, broadcast. My goal is,
um, while I'm streaming to give you, uh,
market commentary, to share with you my
insights, um, you know,
really the way I look at trading, which
is, you know, through my own lens. I've
I've got my a particular strategy that I
trade, and,
um, so
it may not be for everyone, but, um, you
know, it it it works well for me.
So, we're on another pullback here,
um,
I sort of like the idea. I'm going to do
a little dip down here, off of support.
Um, I just want to see if this can curl
back through, um, 35 and 40.
So, I've got my starter at 712.
And now watching over 735.
You see how you have that seller that
pushes it down?
So, what I was trying to do here is
figure out if this is the base, if this
is support,
um, which I
if it reclaims seven, I think that's a
good thing.
So, now watching 725.
So, there's 716, 726.
I'm going to unwind it, you know, I
I think I might have the right idea, I
might just be a little early.
It seems like it's struggling a little
bit right there.
So, went red on that by about 2,500,
came back up, got out about break-even.
What I was looking at is that it feels
like it's basing out under right above
seven.
So, I thought if it holds seven and it
would at what point, you know, should I
be watching this to pull away a little
bit more?
Oh, sorry. I So, I was just saying we're
at um about 2,300 thumbs up on YouTube.
So, thank you guys
who have hit that thumbs up.
>> So, you know,
at the moment, this feels like it's kind
of rolling over. The MACD is curling
negative.
I don't know if we're going to get more
on this. That That might be it for right
now.
And that would be fine if that's the
case. You see how the MACD has gone
negative,
dipping back down.
So, we're coming up to about 1 hour on
the broadcast.
My plan was to stream for about an hour
this morning between 8:00 and 9:00
Eastern Standard Time
for for YouTube.
I start earlier and stream longer for
members at Warrior Trading, but
um
I thought I'd give you guys a little
taste of what it's like here.
At this point,
what we would need for another trade
would be
either ASTC to squeeze through the highs
um
you know, or a completely fresh stock to
pop up.
We've definitely had some good momentum
in this morning, so it's not impossible
that something else could pop up at 9:00
a.m., but
um
I'm not I'm not totally sure the
likelihood of that.
You know, reminder for those you guys
tuning in, you've got to manage your
risk on these. These are all highly
volatile. They can go up very quickly.
They can drop back down very quickly. Um
it's it's very easy to get on the wrong
side of them. Uh I'm on the wrong side
of MNTS this morning.
But
So, ISPC hitting the scanner there.
We'll see how that pops up. This is a
healthcare company. Uh I don't see any
fresh catalyst on it right now.
So, for the moment, just sitting tight.
Sometimes you'll have stocks like this
that pop up and you know, when the
market's kind of warm or a little
hotter, traders will sometimes jump on
anything moving.
Um
but
I try to be a little careful about that.
Uh the type of trading I do is called
momentum trading, and I'm basically
getting in and out very quickly. I'm
looking for quick breakouts.
I like to buy dips, but I also buy
breakouts. I'll buy stocks literally at
high of day and look to take profit, you
know, 5 10 15 cents higher. So, you
know, when I'm trading, you and those of
you guys who go to the classes, you
learn that as soon as I'm in, I'm also
looking for my exit. These are very fast
trades. Some of them I'll hold longer,
but a lot of them
if I enter at the right spot, it should
work almost immediately.
So, as of right now, at 39,400
um in money raised for the Navajo
Nation, I'm donating to hospitals that
service um people on the reservation and
to an organization that's working on um
expanding access to clean drinking
water.
Now, you guys who have hit the thumbs
up, we're now at 2,800 thumbs up. So,
each of those is going to add an extra
dollar to how much I donate. So, that'll
put us at about $42,000
here this morning.
Uh I mentioned earlier, I have a goal
this year of donating um
to every uh
to donating um to to a children's
hospital in every state in the country.
Uh and I'm at about 21 states right now.
I've got I've got a few more to go.
Um
but donated uh to hospitals
here on this uh trip
uh which I thought were important.
So, let's see. We got um Sage Memorial
Navajo Hospital.
Um that's for Arizona. Colorado um
Children's Hospital in Aurora.
Connecticut Children's. Nemours
Children's in Delaware. Shriners
Children's in Florida. Already donated
to those. Maine Health Barbara Bush
Children's in Portland, Maine.
John Hopkins Children's in Baltimore.
Boston Children's
Boston, Dartmouth Children's in Lebanon,
New Hampshire.
Bristol Myers Squibb Children's in
New Jersey.
Northern Navajo Medical in New Mexico.
Morgan Stanley Children's in New York.
North Dakota Stanford Children's
Hospital in Fargo.
Nationwide Children's in Columbus, Ohio.
Children's Hospital of Philadelphia.
Rhode Island Hasbro Children's Hospital.
St. Jude's Children's Hospital in
Tennessee. Texas Children's Hospital.
Utah Navajo Health Systems.
UVM Children's Hospital in Vermont.
The Hospital of the King's Daughters in
Virginia.
And
you
sorry, WVU Medicine Children's Hospital
in Morgantown, West Virginia.
And those are the 22 that I've donated
to as of today.
So,
throughout the year we'll continue to
you know, each week.
You know, I figured one a week.
$5,000
a week, $250,000
this year.
More or less.
Some of donated a little bit more, but
we'll get there by the end of the year.
And this is just the initiative here for
this year.
But
at this point I've donated
Um
millions of dollars to charity. I'm
grateful for the success I've had and I
I like to be able to pay it forward.
I think it's great to be able to take a
little money off Wall Street and give it
back
to people who uh would not otherwise be
able to get it.
Now, ASTC here as this curls back up,
this could present a trap.
Um I could be wrong, but the MACD is
negative, the volume is to decline. It's
tempting to get in here,
um
but
I think I'm going to hold off on that.
So, now that it's 9:01, the opportunity
for another headline to come out at 9:00
has um pretty much come and gone. I
mean, usually if you have breaking news,
the stock will pop up immediately. And
so, since that hasn't happened here at
at 9:00,
I'm thinking that we're not going to
have another catalyst.
Which means trading for the rest of the
open or for the rest of the pre-market
session and into the open will just be
based on what we currently have as our
leading gainers, ASTC and a couple penny
stocks, AMSS, but that's pulled back too
much.
So,
um some people continue to fight it out
on ASTC. And you know, it might grind
higher, maybe shorts get trapped and it
does end up pulling away.
Um
hard to say for me. I usually find that
um
the clean price action is typically
right after the breaking news comes out,
which is why I start trading earlier. I
start at 7:00 a.m. Eastern Standard
Time. That way I can be here when the
news actually does come out, rather than
sitting down at, you know, 9:30. Even
though the market opens at 9:30,
pre-market begins actually as early as
4:00 a.m.
Uh but most brokers don't allow trading
before 7:00.
So, um
now as uh I've mentioned already a
couple times,
I'm going to be starting a new small
account challenge next week. Uh
resetting my account to $2,000 and uh
using a US broker, which will uh be
allowed because the pattern day trader
rule is um
going away as of June 4th.
Uh so, if you haven't already um
thought about that, something to
consider.
So, I am watching this up here. This is
risky. I will tell you this is a riskier
position if I take it.
Uh but just watching to see if this
squeezes through. Now, because the MACD
is negative, that's going against this
trade.
It's decent volume there.
So, see it pushes up, but only for a
second. Now, it Are we going to see any
big sellers come out or might we see a
big buyer? If I saw a big buyer, that
would get me a little excited. Um
we've seen big sellers on this.
Now, we already looked at the financials
on this earlier. We saw they have a
shelf registration, which gives them the
right to raise more money.
It's a little unusual to have this kind
of curl while the MACD is negative.
Um
So, I give it a chance to fail, you
know, let it fail and then let it prove
itself. You see that little shooting
star candle with the topping tail? I
don't really like that.
So, since we're I sort of coming um you
know, closer and closer to the opening
bell, I also do think about my risk um
and not wanting, you know, to give back
too much profit. Cuz if I do, I might
not have a chance at recouping that
loss.
I really wish the MACD was positive. I'd
feel much better about it.
So, about 25 minutes to the opening
bell.
We're now at 3,100 uh thumbs up here on
uh YouTube.
So, that will put us up at $43,000 that
I'll donate today.
So, seems like there's a seller kind of
pushing it back down and we don't know
what what that seller's doing. You know,
we don't know if that seller's
tied in with a company and they're
selling shares to raise money or if that
seller is um
you know, an insider. I mean, it's a
short seller. We we don't really know.
But, we do see the presence of a large
seller.
Um and yet, the stock is up 191%.
I would say um one of the biggest
lessons in trading is to know when to
take your profit. Um
I look at this 5-minute chart and I see
I see topping tails.
I see that it squeezes up but then you
get that upper candle wick right there,
right there,
and right there. Following the upper
candle wicks, we get a pullback.
Uh look, this might work later, but I
think the cleanest trades, you know,
we're kind of right in this area.
And now with the MACD having gone
negative, I think I'm going to take the
money off the table and be grateful for
it.
This is This is some really great money
uh raised for charity today. This is a
good day.
So, you know, the practice of knowing
when to walk away
without feeling regret and FOMO that
you've missed additional
potential profit.
Um you know,
whenever you look at If I look at this
later and it does go to 10 or 15, I'll
think, "Ah, I coulda, woulda, shoulda."
That's That's the natural temptation.
But I have to remind myself that
it's not always as easy as it might look
on the chart. The chart might be be
green candles, but in reality,
you might have had big spreads, you
might have had that big seller. There's
a million other things that could have
gotten in the way and you could have
actually managed to lose on it in spite
of a big move. I certainly have before.
And you know, in fact, I'm red on MNTS,
which is a stock that also is up today.
So, today's not a perfect day, um
but it's a good day.
And this is uh this is my routine. You
know, each morning I sit down at 7:00
a.m., I trade
uh stocks at breaking news. Some days I
don't get a lot of opportunities, other
days are more active. This has been a
good day. Um
it's not the best day of the month, it's
not the best day of the year, uh but
it's a good day.
So, I'm grateful for that.
So, I think maybe what I'll do is I'll
um
give you guys um a couple more words of
wisdom for those of you who are new.
Um
I'm sure a lot of you are excited about
the pattern day trader rule change. This
This is an exciting thing. It's the
first time in 25 years you could day
trade with less than $25,000 in the US.
It's a It's a really big deal. Um
but I want you to
pay your dues.
Um what that means is I want you to
practice in a simulator
before you put real money on the line.
I want you to think of this as a
marathon, not a sprint.
I want you to expect that it's going to
take you a year before
you can even consider being able to
use trading profit to pay any bills.
So, that means for the next year you've
got to have other means of income lined
up.
And trading can be your side hustle. You
know, the thing that you do to study at
night and practice maybe at morning or
after hours, whatever.
You've got to be patient.
You've got to have the discipline to
trade with a level of risk that is
um
matching your skill.
Your skill today
is not as good as what it'll be in 6
months or a year, certainly if studying
every day.
The more you practice, the better you'll
get, right? So,
it's it's not a coincidence that the
longer I've traded, the better I've
gotten. It's because of experience. So,
the more time you can spend in the
market, the more intuition you'll be
able to collect, and that'll benefit you
in the long run.
So, the traders who do the best are the
ones who survive the longest. Survive
till you thrive. Don't come in going hot
trying to hit a home run on your first
day, week, or month.
Save the big position sizes for later.
Focus right now on just accumulating
experiences, refining your skill, and
studying.
I'll be here streaming every day.
Remember that Warrior Trading, you guys
get access to my stream for a full year.
You get access to a simulator with level
two market data for 90 days.
Uh you can continue the subscription
longer if you want to. You pay for your
market data, but we give it to you for
free for 90 days cuz we want to see you
using the software.
Um
you know,
in trading a safe environment because
you're learning.
And of course, you'll have access to
these scanners as well.
In 2017,
um I hired a development team to begin
building out the software for me
uh because there really wasn't something
that I felt like was everything a trader
needs in one platform. So, we started
building it. And um
I those team members are still with me
today. They've been with me for
um you know, eight years.
Um
I I think that I I pay them well. I
treat them well.
Uh we've got a great working
relationship. I I'm
so grateful for the work they've done
and
um
we've collaborated and created this
amazing platform that we call Day Trade
Dash. It's your day trading dashboard.
It's got pretty much everything you
need. Um
but you do have to connect you have to
have to use your own broker to execute
your trades.
So, um
I hope you guys will check out the Day
Trade Dash platform and the Warrior Pro
membership. Um grateful to see ASTC
testing that $8 level. There's eight on
the ask. 8.15.
Beautiful.
When you get out of a taxi,
nobody thinks about where the taxi goes
and what it did for the rest of the day
after you got out. But when you get out
of a stock, you can't help yourself from
thinking what it did without you.
So, it takes discipline to learn
to say, "You know what?
I did well today. My glass is full. I'm
grateful.
And I don't need more.
I've got enough."
All right. With that, I will see you
guys back at it bright and early
tomorrow morning. I'll be streaming for
members at Warrior Trading. So, I'll
give you the final disclaimer for those
of you guys uh tuning in on YouTube that
trading is risky. My results aren't
typical. So, manage your risk. Take it
slow. Thank you for helping me raise
money for charity today. I'm at $39,000
of profit. You guys are over 3,000
thumbs up. So, we're $43,000, $44,000
for the Navajo Nation here in New
Mexico, Arizona, and Utah. Thank you
guys so much. I will see you bright and
early streaming at 7:00 a.m. tomorrow
morning.