+$19,323...My Account is up 31% in 2 Trades TODAY...

Welcome to day 37 of my small account
challenge of growing a $2,000 account
using Charles Schwab as my broker. I am
beside myself. The roller coaster today
was open. Yesterday on the roller
coaster ride, I went down $18,000.
You know what happened today? I shot
back up $19,000.
I I'm beside myself. I can't believe it.
I really can't. I did not think there
was a way that I would make back all of
yesterday's loss in one day because
well, one of the things I had mentioned
that was going to be a challenge with
this um loss was that because I'd been
growing my account up to uh what was
$80,000 before the drop. When I dropped
it down to 60,000 yesterday, rounding a
little bit, I had less buying power,
which meant a full-size position, well,
you know, the same percentage move
wouldn't give me as much as it did when
I had 80,000 in the account. But what
ended up happening today was we had a
stock price at about $2 a share and it
squeezed up to $4 a share and it did it
in less than five minutes.
Wow. Now, I didn't get in at two and
sell at four. No one can catch the
entire move, but I got in in the middle
on a micro pullback just over 250. So,
if we zoomed into this right here, you
know what we would see? Well, we'd see a
pattern that I suppose looks a little
bit like this. Let me erase this though.
We'll start fresh. We had a pattern
where we got this sort of rapid
acceleration. The candles were getting
bigger and bigger and it hesitated just
for a moment, just enough to give a
little bottoming tail and then it shot
higher right there. And this was my
starter. And then I was adding, adding,
adding into the squeeze. And as we got
that final push up to $4, a big seller
came in. And that was when I pulled the
rip cord. I jumped out of the position.
And so today I am up $19,000.
And so this is great news for the
children's hospitals because I was able
to donate to uh South Carolina
Children's Hospital and Sunrise
Children's Hospital in Nevada, which
means we have now donated to 49
children's hospitals across the country.
There is one left to go and it is
Wyoming. But Wyoming doesn't have a
children's hospital. So, if you have any
suggestions of a good charitable
organization in Wyoming that could
benefit from a $5,000 donation, please
let me know because my guess is that
well, it's the last state on the list uh
alphabetically and because I knew this
issue that they didn't have a children's
hospital. So, please let me know um what
we should do for Wyoming, which will be
coming up uh probably on day 38, of
course, if day 38 can be a green day,
and I hope that it will be. So, we've
raised over $469,000
and I've donated $470,000
as you can see right down here in the
corner. So, I'm really thrilled with the
progress on this challenge. And the next
stop uh for the small account is to
cross over $100,000 and I've well I'm
80% of the way there. So, that's going
to take a few more days uh most likely.
So, this morning we have uh we come in
day 37 and our leading gapper is SGLY.
Now, when I first saw SGLY in the scans,
I sort of took pause. I thought, you
know, it's a tough one because it popped
up. Didn't it pop up just recently and
not hold up? That was what I recall.
They had just popped up recently and
didn't hold up very well. And so, I was
sort of feeling skepticism. On the other
hand, I was looking at all of the other
leading gainers and none none of them
were even close contenders. Uh BTCT,
it's a cryptocurrency stock. And
although crypto was up yesterday on some
news from the um White House
administration about uh you know some
positive headlines about their view on
cryptocurrency, I'm not really that
interested in trading crypto yet. While
it's true that uh what Bitcoin's up, I
don't know five or 10% this week, which
is good. Um I saw Soul uh Soul Sol is up
uh like 16% this week. See BTC price
this week. Um, it's up three and a half
percent today. Bitcoin up 13% on the
week. It's a, you know, look, that's a
decent move. It's still well off the
all-time highs. So, let's not get too
excited. So, BTCT, some traders are
jumping on this crypto stock. I wasn't
interested in that. So, I felt that
there was no question that SGLY was our
number one leading gainer. And I made a
couple observations from um my my trades
yesterday. Uh, are you ready for them?
>> [clears throat]
>> Oh, let's go back page. No, no, no.
Okay, here we go. So, number one, um I
observed that uh I have been taking a
lot of trades where the MACD was
negative.
I've been taking those trades because in
recent weeks, we've had some big curls.
We had this initial move, it pulls back,
and then we have this big curl back up.
And I've nailed some of those. And I've
gotten nailed on some of them. Some of
them work out really well and some of
them I've gotten smoked on and I'm
having a bit of a hard time deciphering
which curls are going to go back to the
highs and which ones won't. But as I
looked through the trades that I did
poorly on, what I recognized was that
the curls that have been doing better
have been on one of the top two leading
gainers. Now it's again not perfect.
There are some instances that have been
exceptions of that, but that's been
pretty consistent. So, number one,
trading when the MACD is negative,
trying to time a curl when the stock was
not obvious, that's been a problem. Um,
trading past the 9:30 opening bell and
halt levels. That's been a problem. Um,
I've struggled on days where we've had
dispersed attention, where it hasn't
been where the leading gainer hasn't
been that clean, and traders are kind of
jumping from stock to stock, playing hot
potato, looking for the second or third
most popular, and it just hasn't worked
out as well for me. Um, I've struggled
when I missed the whole front side of
the move, and then I traded at the very
top. I tend to overcompensate and um and
and all of that has resulted in me
falling victim to FOMO. But I have also
noticed that I've done really well on
some inverted head and shoulder patterns
when the stock has been one of the
leading gainers. So on SGLY this
morning, I acknowledged that although I
was not the biggest fan of it, that it
was uh quite obvious. So I an analyzed
it, did my analysis on the five pillars
of stock selection, it met four out of
the five. The only one it didn't m meet
was a fresh news catalyst. Well, at
least that was my assessment um
initially, but let's just double check.
SGLY um SGLY
thing is um
so Oh, so they just announced uh yeah,
so they they announced an offering at
the opening bell, a $5 million offering.
Yikes. I didn't even see that. I turned
off my charts so I could just focus on
the recap. Wow. So, uh yep, there you
go. So anyway, so met four out of five
pillars, but there were a couple issues.
One was that the 200 moving average on
the daily chart is right here at about
$7.23.
$729. That was my first concern. The
second concern was that two days ago we
were up on 12 million shares of volume
and we had a big red candle. So then I
looked at the daily chart of course
remembering and recalling that move and
I observed that we had this pop after
hours popped up and then it pulled back
and then it sold off right here. So I
sort of felt that I I didn't think I
could really trust it. And when I looked
at the filings I noticed that they did
an offering of 1.8 million shares just a
couple days ago. So they're doing
backtoback offerings to raise money. One
here, another one here. They are
absolutely selling shares on the open
market to cash in on the volatility in
the market. They're taking, you know,
look, are they taking advantage? I don't
know. They're they're they're they're
capitalizing on the opportunity as we
would as well uh as a trader, but as the
company, they're selling the shares
because the price is up and there's a
lot of volume. So, you know, this
morning when it suddenly popped up here
to a high of six, I was thinking, well,
what's the high from the other day? And
it was way up at 9.89, right? So, I
looked at that and I thought that's a
little tricky. Um, but here's the way
I'm looking at it. We've got a trigger
right here which was about 766 and above
that you've got room up to 989 which was
this high here. That's kind of what I
thought. So, I looked at that line at
766 as a pivot and then coming down a
small pivot there at 716 and maybe uh
what did I draw this line from? 6. Oh,
that was the pre-market high right
there. So, initially we pop up, we pull
back, we pop up, we pull back because it
was the leading gainer. I was watching
it going into 7 a.m. and that right
there. Boom. That was the trade that I
got right at 7 a.m. We got that squeeze
right there up to a high of 850. Uh that
was a nice pullback. This is a cup and
handle formation. I've got no problem
with it. Ends up turning into a
traditional head and shoulders pattern
which typically results in a drop, but
the drop was not because of the pattern.
It was because of the catalyst that came
out that they sold more shares on the
market. All right. So that was SGLY. Um,
so although it was not picture perfect,
we got a really nice micro pullback
right there. This is on the 10-second
chart. And I was able to lock up a total
of $6,496.90.
Okay, so that was my first trade. That's
a solid trade. Really good. Not $19,000.
Q trade number two. So the second stock
pops up and it's HuZ.
6.4 4 million share float up on 220
times relative volume and it's a little
on the cheaper side. All right. Now, I
checked the five pillars of stock
selection on this one as well and I
observed um that generally speaking it
it met my pillars quite well. I had the
relative volume mark just a little bit
higher here. Um the float a little bit
higher 6.4 million shares um you know
but but aside from that was willing to
take a little risk. Now, this to me was
sympathy to this big move on XHG and and
Socket, SKT. XHG, which went from 50
cents to $18 in one candle, and Socket,
which went from 50 cents up to about $4
a share in a couple of candles. So, this
hits our scanner as it breaks over $1.90
and $2. It goes immediately up to 240
and 250. At that point, I type in my
level two window, hu. I'm already seeing
260 print and I press the buy button cuz
now I see this thing is moving fast. I
punch it. I'm in about 12 13,000 shares
uh 275 285 adding for 290 adding for the
break of three. It rips up to a high of
320 330 340 350 all the way up to a
topping tail of $4 a share. I pulled the
rip cord and got profit. Well, in the
middle of this squeeze sort of as it
came back down I was getting profit. It
dips back down. I did a dip trade. I
think the dip trade was actually right
in here for a curl back up. It was not
able to get back to the high on that
first push. However, it did end up
getting back to $4 a share. So, huys, we
had this initial squeeze right here. So,
this was the first push right there. It
pulls back and then it rallies back up
to a high of 430. And I was, you know, I
was feeling like, boy, this thing might
give us some more opportunities. but
through this area right here. So, we got
this rally back up to the top. And so,
this is, by the way, what has given me
now $12,826
of profit and I'm up, as you can see
here, $19,000 on the day. The account's
now back up over 80,000. So, that was
this squeeze right here and then the
curl through here. It ends up coming
back to VWAP, going sideways. And at
this point, traders were saying, "Do you
think it's going to work for a trade at
the open?" And I said, you know, I'm not
sure. Yes, it's the leading gainer. On
the other hand, it's now becoming very
thickly traded. There's a window where
these are too thinly traded. The spreads
are too big like Wetto. You really can't
manage risk on them. We'll pull up the
level two on WTO. By the way, no trades
in my big account today. Just focused on
trying to get some redemption in the
small account. So, look at the spread on
Wetto. 3160 by 32 3199. So, you've got
bigger spreads on this one. Um and
unfortunately this is common when you
get higher price and you've got it still
has 3 million shares of volume but
there's not a lot of liquidity. On the
other hand um you have a stock that is
um you know quite thickly traded. So
well let's see where was it? Um HYZ
sorry. So we pull up HIZ and this is a
bit more stacked on the bid. Big buyers
but also sellers 17,000 share buyer or
sorry 11,500 share buyer. And so
unfortunately I recognized that um this
was probably going to cross a point
where so many people were buying and
selling it just to try to make a couple
cents a share that it was going to be
very thickly traded and that was going
to hurt its ability to make another move
higher. Uh and so unfortunately that was
the reality. Now I technically this did
have a news catalyst from earlier but
I take that with a little bit of a grain
of salt because the news this trade was
not based on breaking news coming out.
the news was out way earlier in the day.
The stock popped up, sold off, popped
up, sold off, and then it ripped. So,
this to me felt more like kind of this
frenzied momentum that we're continuing
to experience in the market where
traders for whatever reason just decide
to jump on this and then well, I jumped
on too. You know, I participated more in
the top uh of the move, but nonetheless,
that's where I jumped on. And that's
typically the way I trade. you you won't
see me just looking for a stock that has
no volume that's just trading sideways
to go buy it. I look for things that are
already moving and then I jump on that
momentum. But, you know, in a hot
market, uh, I might get in something
already up 100%, next thing you know,
it's up 200%. In a cold market, I get in
these high and I end up giving back some
profit. So, I've and you all, you know,
you've seen it, uh, even in the last few
days that some of these I add too high
and then I end up being on the wrong
side. So, if you miss the beginning of
the move, that's the place to be extra
careful chasing it as it goes higher and
just to accept that, you know what,
there's a really good chance there'll be
another one around the corner. So, as I
sit here today, I can't believe it, but
I'm so grateful that I was able to
recover yesterday's loss, donate another
$10,000 to two children's hospitals, and
the small account challenge is now uh
you know, back on track. Basically,
yesterday was canceled out. So, I'm
still at $80,000, you know, bas
essentially washing out the two days.
And the next goal is 100 grand. And
Wyoming is the next uh state on the list
to do a a charitable donation to. And
then uh well, I guess we're going to
have to start looking at um you know,
Washington DC, Puerto Rico, and uh
probably have to I don't know, maybe may
maybe we'll do one like one or two
little donations for Canada. Um, you
know, I mean, maybe we should. So, let's
think about that. All right. So, thank
you guys always for tuning in. If you
haven't already checked out a twoe
trial, link is pinned at the top of the
comments and in the description, so you
can check that out. But I will remind
you, as always, my results are not
typical. Trading is risky. There is no
guarantee you'll find success whether
you trade with me or you learn on your
own. So, please manage your risk, take
it slow, and always practice in a
simulator before putting real money on
the line. With that, I will see you guys
back at it bright and early streaming
tomorrow morning at 7