Up $75,683.64 TODAY on SpaceX Theme News

What's up everyone? All right, so in today's 
episode, I'm going to break down how this stock   right here, STI, was able to squeeze up over 
400% on breaking news. And they used a couple   of keywords in their headline, including AI 
data centers, Space X, and doing low orbit   data centers. So, this had kind of everything it 
needed in terms of keywords to align with all the   hype that's going on right now with the SpaceX 
IPO that's coming up on June 12th. So, when I   first saw this headline this morning, the stock 
had already squeezed up quite a bit. However,   when I read the headline, I recognized that 
this was something I should definitely pay close   attention to. However, if you recall on Monday, 
we had another company that put out a headline.   It had something to do with low orbit 
um satellites tying in with the SpaceX   theme and that stock popped up and ended up 
going red on the day. So on the one hand,   I was optimistic that maybe this one would work, 
but I was a little bit cautious because we had   had such a similar headline back on Monday that 
failed pretty dramatically. Had I known how well   this would work, I would have gotten in at 1012 a 
share and held all the way to the high of what is   currently now over $25 a share. But there was 
no way to know that. So I did as I always do,   which is I started breaking the ice and building 
my cushion. And I kept trading it and I worked   my way from 10,000 up to 20,000 on the day up to 
30,000. And some people said, "Ross, you're at six   times your daily goal. 5,000 a day, you're at 30 
grand. Take the money off the table." And I said,   "No, I won't do it." Then I'm up $45,000. Then 
I'm up $55,000, $65,000. And people said, "Ross,   this is crazy. You've got 10 times the daily goal. 
Stop trading right now." I said, "Why would I stop   trading? The stock is continuing to move higher, 
and I'm continuing to make money." So I said,   "Here's when I'm going to stop. I'm going to stop 
after my first bigger loss. after my first bigger   loss, that will tell me that I have peaked 
for the day and I'm starting to, you know,   make my way back down and I want to stop right 
then and there because that first loss is easy   to tolerate. I wouldn't have made my way all the 
way up to the peak if I hadn't kept taking risk.   But once I started to slip back down, I've got to 
cut it right there because the biggest mistake is   I have that first loss and then I'm like, "Ooh, 
I really want to get back to my high a day."   So, I take another trade with maybe a little 
more risk and I lose again, maybe even more.   And now I'm really on the backside coming back 
down and maybe now I've given back 30% of my   day or even 50% of my day. I've given back my 
entire day before because all of a sudden I get   emotionally compromised and I'm chasing getting 
back to that number. So, today I followed the   playbook. We had a stock that met all five pillars 
of stock selection. We've got breaking news. The   price is great. The float good. No issue there. 
It's squeezing up. It's got the relative volume.   So then I'm looking for a setup. Let's go 
ahead and jump on the screen share and I'm   gonna start breaking this one down in a bit more 
detail. As you can see, I am currently up $75,682 64. My high of day about 87,000. So on my last 
trade, I lost 12 grand. Am I happy to lose 12   grand? Well, no. I guess I shouldn't say I'm happy 
to lose 12 grand, but I can absolutely tolerate   losing 12 grand knowing that if I had stopped 
when I was up 30, I would never be up 75. So,   I followed the rules and net at the end of the 
day, $75,000 is phenomenal. So, here's STI. Let's   go ahead and click on this headline that came out 
at 6:00 a.m. This is annoying because when they   put out the headlines this early, a lot of traders 
can't participate at the beginning of the move.   And so the result, if we look at this, is that 
the volume, you know, early on. It's definitely   lighter than what it would have been if they had 
waited to put out the news till after 7 a.m.,   but nonetheless, that's when they put out the 
news. So, it ends up squeezing up first to 7,   going all the way up to 12. Nice little pullback 
right here. Squeezing higher 7 am. So right   there's the pop at 7 am. We get this push up 
to 1770. So now we're already from $4 up to   1770. Then we pull back for a long period here 
and I wasn't sure I was going to take any tra   any more trades. So right here at about 7:15 I 
peaked on the day at $20,000. And I was like,   man, that's not bad. It's 7:15. I'm up 20 grand. 
That's pretty good. And I didn't take any trades   on anything else for this whole stretch. I didn't 
take any more trades on STI. I didn't take trades   on any other stock. I just sat up 20 grand 
for about an hour and a half. And then it was   right here at about 835 when we squeezed through 
the high of 1770. And so as we squeezed through   that high, I said, "All right, this thing's 
moving higher. I'm getting back in." And boom,   I got back in. We got a huge trade right here. 
And on that squeeze there, I I made um well, I   guess it was $59,000 because I peaked at $79,000. 
Pulls back here. I traded this move here and then   next thing you know, I'm up 87,000. Then I got in 
right here and stopped out right here and lost 12   grand. Let's look at the one minute chart. I'll 
show you my loss on the one minute. So my loss   was getting in right here for the break at 26 and 
stopping out right down here. Now it went all the   way down to 23. it. There's no way that I should 
have held this all the way to this low only to   be coming back up here to be slightly green. You 
have to manage your risk. I took my exit. I look,   you got to take your loss. I took my loss and 
I said, I'm not going to get back in even if it   goes higher. Why? Because if I get back in and it 
does one of these immediate rejections that are   even bigger than this one, I'm going to lose even 
more and then I'll be up 65,000 or maybe 55,000.   And that's when I'm going to start to become 
emotionally activated because I'm gonna have my   mind anchored on the fact that at one point I was 
up $87,000 and I screwed it up and I don't want to   spend my morning thinking about that, right? The 
whole rest of the day. So I said, I've got to know   when to walk away. And so I I took the profit off 
the table and I'm really grateful for where I sit   right now. $75,000. This is the biggest green 
day I've had in over a month. Let's look at   the metrics here. So, the month of May, biggest 
green day in May was, let's see, 46,000 right   there. Biggest green day in April was 56,000. All 
right. Biggest green day back in March. I mean,   you know, now we're starting to It takes a little 
while to go back. Biggest green day back in March,   52,000. Biggest green day in February, uh, 81,000. 
So 81,000 was the biggest green day in February.   In January, I had 86,000. So technically, 
today was the biggest green day of the entire   year by $1,000 for about 10 minutes. But I wasn't 
thinking about that because at the end of the day,   it doesn't matter. If this had kept going and 
I had made money on that last trade, I would   have been up over 100 grand. And then if it kept 
going from there, it didn't reject here, but it   kept going higher, I would have kept trading it. 
Next thing you know, I could have been up 120,   140, 150, 200. Who knows? We don't know. But on a 
good day, what I don't want to do is I don't want   to cap my gains. That's the whole thing about 
trading. We cap our downside. We don't cap our   upside. That's why I don't walk away when I hit 
my daily goal. My daily goal is a reference point   of what I would like to achieve. And on a great 
day, I can 10x my daily goal. my daily goal of   5,000. I'm up 15x the daily goal. This is a great 
day. So, you know, I need days like today because   they are what sort of juice the whole year. They 
add icing to the cake of the entire year. In fact,   days like this can become the majority of the cake 
if we're going to stick with that analogy. And the   daily smaller green days are kind of the icing in 
between. you know, just I show up every day hoping   that we're gonna get a big move like this, but it 
only happens a couple times a month. And again,   this is the biggest green day I've had since 
January. So, you know, we've had three or   four days like this in the entire year. But I'm 
glad I showed up for them because four days like   this is $300,000, right? That makes a meaningful 
difference. How much am I up on the year? Right   now, I'm up on the year a little over $1.1 million 
with today's profits. Just under 1.1 million.   So that means 30% of my profit from the entire 
year came from about four days of trading. Now   whether or not those were just four individual 
stocks like like today was just one stock,   I don't know for sure, but four days contributed 
30% of the profit for the year. That's that's   pretty impressive. We've got we're over 100 days 
into the year. So only four days contribute that   much. That's kind of it's a blessing and a curse. 
The curse is that it means you got to show up   every day because you just never know when days 
like this are going to happen. I didn't expect   it. Yesterday was a no trade day. I didn't take 
any trades yesterday. Then today all of a sudden,   boom, we've got a big move. What's the rhyme 
or reason? Well, it's the headline. Ultimately,   it's the catalyst. We had a good catalyst today. 
And I need a good catalyst in order to have a   big trade. So, I hope that we have more catalyst. 
Today's also the day the pattern day trader rule   um uh goes away, but not for all brokers. Schwab, 
which is where I'm going to be doing my new small   account challenge. They're not getting rid of 
the pattern day trader rule, in fact, until   um Monday. Currently, STI is showing a resumption 
of $27 a share. I could see two things happening   here. It could open and go right into another halt 
at 2850 or 29 or it could open and flush and halt   down. It's I unfortunately it's a bit of a roll 
of the dice when you're dealing with stock halts   after the open. This is a stock with 52 million 
shares of volume. you've got a tremendous amount   of volume. So, there's the resumption. There's the 
hold down, right? So, it was one of the two and my   concern was that it could do that. Now, if you're 
curious about how I was able to make that kind of   prediction, this is where you really benefit 
from all of my years of experience. I try to   share with you every single day while I'm trading 
my commentary. And what you're able to do is,   you shouldn't be blindly following me on my trades 
by any means. You got to take your own trades, but   you can um essentially see the market through all 
of my educated intuition. You can see the market   through the lens that I see it with as I translate 
what I'm seeing because these are the things I'm   calling out all the time. Now, it doesn't mean 
I'm I don't ever fall into the trap. I did. I   gave back 12 grand today on that one trade. Um 
but before that, I had, you know, whatever it was,   a bunch of winners in a row. So, for those of 
you guys who have been watching on the sidelines,   I'll put the link in the description to do a 
two-eek trial. I think you guys would be blown   away by using this software every single day to 
help you find stocks that are moving, to help you   see the breaking news in real time to be in the 
chat room with other million-dollar badge holders.   Of course, I've got my million-dollar badge. Um, 
well, well, well beyond that. But, you know, we've   got a badge system at Warrior Trading, so you can 
see the members who are trading profitably. we've   verified that they've uh achieved that degree 
of success and you'll be able to listen to my   commentary. You're going to get a lot out of it. 
And now with this change in the pattern day trader   rule, I do think we're going to see more traders 
come into the market, but my concern is that a lot   of the traders coming in the market won't be well 
enough educated to be able to make good decisions.   And I don't want to see traders lose money. I 
want to see traders take it slow, practice as   a simulator, and build on a um you know, slow and 
steady kind of track record um approach. you know   that you take it one step at a time. You build 
consistency with one setup and then you advance   to the next setup. Now, for those of you guys 
who have not read this bestseller and it is a   page turner, let me tell you, um, this does walk 
you through the guard rails that I used when I was   getting started to make sure I'm thinking about 
risk because this is a career of risk management.   You've got to be thinking about risk every single 
day. So today I made the decision of when to walk   away and some would have argued, Ross, you're 
leaving money on the table, especially when it   halted up. I guarantee you there's someone who 
said, I can't believe Ross left. This is halted   up right now. But I knew something that they 
haven't yet learned or maybe haven't picked up on,   which is that you've got to know when to walk 
away. And it's always better to walk away a little   early than regret it and walk away a little late. 
So, with that, I hope you guys really enjoy this   recap. I'm excited for um the rest of the week 
here and going into next week with a new small   account challenge starting. So, um make sure you 
guys check out the twoe trial and I'll remind you   again as always that trading is risky. My results 
aren't typical. So, manage your risk, take it   slow, and I'll see you streaming bright and early 
tomorrow morning at 7 a.m. Eastern Standard Time.