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REPLAYroom_100004

Jul 22, 2026, 03:05:15 PM → Jul 22, 2026, 04:11:50 PM · 1h 3m 45s captured · 1,048 events
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Per-fragment HLS playlists concatenated at request time with#EXT-X-DISCONTINUITYseams; events come from live_eventswith their original per-fragment capture_tsmapped onto the concat clock. Useful for low-latency / in-flight shows; the canonical view is the truthful record once a show ends.
Speed:space play/pause · j/l ±5s · [ ] ±60s
0:001:03:45
500 of 500
0:00deepgram · final+17s"So we're gonna have"
0:04deepgram · final+17s"their live stream."
0:09deepgram · final+18s"No. No position right now."
0:13deepgram · final+14s"I'll make the recording going."
0:15deepgram · final+18s"Alright. Welcome back to our class. Today is going to be a little bit different."
0:20deepgram · final+17s"I've been kinda waiting for a momentum type of day, and what we're gonna do is"
0:25deepgram · final+15s"you know, we're just gonna cover"
0:27deepgram · final+18s"you know, kinda what I'm looking for every day and what I'm looking at every day when"
0:32deepgram · final+16s"I'm trading. I might take some live trades."
0:35deepgram · final+18s"But I'm not gonna force anything, right, just to just to take trades for class."
0:39deepgram · final+17s"But if something presents itself, you know, we'll actively trade it. And"
0:43deepgram · final+16s"you know, the reason I wanted to do this is because"
0:46deepgram · final+18s"I can talk about a lot of different strategies and and patterns"
0:50deepgram · final+17s"and momentum and stuff like that, but kinda watching what I"
0:54deepgram · final+18s"do live, I think, is, a little bit more beneficial"
0:57deepgram · final+18s"know, just like we watch, Ross trade live. You know, it's"
1:02deepgram · final+18s"there's it's one thing to kinda take away what"
1:05deepgram · final+18s"you know, what someone says to do or versus watching them active"
1:10deepgram · final+18s"you know, actually do it. Right? It's like someone teach you telling you how to fish."
1:14deepgram · final+15s"Hey. You're gonna put the lure on. You're gonna do this."
1:16deepgram · final+17s"And you do it, and you just then you're not catching any fish."
1:21deepgram · final+17s"Versus watching someone do it"
1:24deepgram · final+18s"you kinda get a feel for, oh, okay. He's, you know, using this type of lure or he's"
1:29deepgram · final+17s"you know, he's going to this part of the the water, whatever it might be."
1:32deepgram · final+17s"And I I think it's super important to"
1:36deepgram · final+15s"that because a lot of times everyone thinks I'm trading"
1:38deepgram · final+18s"like, every single pop, every single little move, you know, to make"
1:42deepgram · final+18s"I'm just at just about $12,000 today in profit."
1:46deepgram · final+17s"And and the truth is is that's not how it hap that's not how it works at all."
1:51deepgram · final+16s"You know, it's"
1:54deepgram · final+17s"it's a lot of offense, defense, aggressive, you know, not aggressive,"
1:59deepgram · final+15s"stuff like that. It's"
2:01deepgram · final+18s"and there's a very fine balance between doing all that."
2:05deepgram · final+16s"So, hopefully, you kinda find this,"
2:09deepgram · final+18s"this class helpful. And for anyone watching this"
2:13deepgram · final+18s"this this is getting recorded. So anyone watching this in the future, you know, it's it's been the same like this for"
2:18deepgram · final+18s"many years. This is how I've been doing it for many years. The only kind of"
2:22deepgram · final+18s"adjustment I think I have made is I'm actually trading less."
2:26deepgram · final+17s"That's really the only adjustment that I've I've made."
2:31deepgram · final+17s"Something to kinda keep in note too for this,"
2:35deepgram · final+15s"I am using Schwab,"
2:37deepgram · final+14s"and"
2:38deepgram · final+18s"it can be a little bit tricky trading these bigger moves. Right? Because"
2:43deepgram · final+18s"let's be honest, by the time the order sends, the the trade might be over and"
2:48deepgram · final+15s"because they're moving so fast."
2:51deepgram · final+14s"So as always,"
2:53deepgram · final+17s"I think Schwab is is a very beneficial broker, but I think you should have two."
2:57deepgram · final+17s"And my the second one, would almost recommend an offshore broker."
3:02deepgram · final+17s"Because then you can kinda leave you can leave minimal cash in it."
3:06deepgram · final+18s"Versus, you know, having a bigger broker and and leaving a bunch of cash over there and"
3:11deepgram · final+14s"and stuff."
3:12deepgram · final+16s"You know? And they'll give you they'll give you a little bit higher leverage."
3:16deepgram · final+16s"I don't think this will resume here. It might."
3:20deepgram · final+17s"So we could see right now, I would have no trade right now just because it's this is"
3:24deepgram · final+17s"just it's just too much risk. Right? I got $12,000, you know, a static"
3:29deepgram · final+18s"cash in my pocket right now. There's no need for me to gamble."
3:33deepgram · final+14s"Right? There's no need."
3:34deepgram · final+21s"If I was sitting here, it looks like it's gonna go on another five minutes. If I was sitting here and I did see this, I might take, you know, a couple thousand shares"
3:43deepgram · final+15s"here. So"
3:45deepgram · final+15s"that's kind of"
3:48deepgram · final+17s"my approach and, you know, the the slower kind of mentality that I've"
3:53deepgram · final+14s"I've now taken,"
3:54deepgram · final+15s"my green days have been very consistent."
3:57deepgram · final+17s"Very consistent green days, and so that's been super helpful."
4:01deepgram · final+18s"I think that a lot of"
4:04deepgram · final+15s"new traders, what they do is"
4:06deepgram · final+17s"they have a bit of an issue, you know,"
4:10deepgram · final+18s"taking every little pop, every little dip, every little little bumps, and"
4:16deepgram · final+18s"it ends up costing them more fatigue mentally"
4:20deepgram · final+15s"than it does"
4:22deepgram · final+17s"reaping the reward of the right trade."
4:26deepgram · final+17s"So as we kinda wait for this,"
4:30deepgram · final+16s"the main one for me was this LABT"
4:30haiku · watchlist+18sLABT (the main one for me was this LABT)
4:30haiku · correction+23s
4:33deepgram · final+14s"So"
4:35deepgram · final+17s"and and we'll cover this real quick because I do wanna cover everything that I'm doing."
4:39deepgram · final+18s"So rewind to we're gonna go way back. Let's rewind. Let's"
4:44deepgram · final+13s"take"
4:45deepgram · final+17s"let's go back a little bit."
4:48deepgram · final+15s"My thought for today"
4:51deepgram · final+17s"when I when I sat down was I, you know, I saw these big moves."
4:55deepgram · final+18s"Happening. I'm like, you know what? It's it's"
4:58deepgram · final+15s"kinda frustrating because they're happening"
5:01deepgram · final+17s"they're happening midday. And I'm not, you know, I'm not really here,"
5:05deepgram · final+18s"midday and and late day stuff. I I I"
5:09deepgram · final+15s"honestly, I'd rather be out doing something"
5:11deepgram · final+18s"I don't wanna sit here it sounds silly to"
5:15deepgram · final+17s"but I don't wanna sit here and waste my life away, you know, in hopes that I'm gonna catch"
5:19deepgram · final+13s"you know,"
5:21deepgram · final+21s"the fix of trading a momentum stock, you know, at 04:30PM. You know? That that could be for some people. It's not for me."
5:28deepgram · final+17s"So but, anyway, I've"
5:31deepgram · final+17s"seen that we had those two, you know, over a thousand percent moves."
5:35deepgram · final+14s"And that that's a big"
5:37deepgram · final+18s"that's a big move, especially two days in a row."
5:41deepgram · final+17s"No t 12 halt, so that made it very interesting to me. I'm like, well,"
5:46deepgram · final+13s"you know,"
5:46deepgram · final+17s"it's showing it's got strength. It's showing that it's it's good. And"
5:50deepgram · final+15s"there's no news on them."
5:52deepgram · final+17s"So what I do every single day is"
5:56deepgram · final+17s"I take the prior day and maybe the prior week."
6:00deepgram · final+16s"So how was last week? Last week was a little slow. Right? Last week was a little slow."
6:05deepgram · final+17s"This week, it was slow, but, you know, it's heating up."
6:10deepgram · final+17s"Alright. So now we're kinda getting we're getting a picture."
6:13deepgram · final+16s"Alright. Slowly heating up. And what time of the day is it heating up at?"
6:17deepgram · final+17s"Well, it's been either 4AM or"
6:21deepgram · final+18s"what's the other time that we're seeing this stuff? Twelve, one, two,"
6:24deepgram · final+15s"three. Right? I'm I'm not even here. I'm not sitting down here."
6:27deepgram · final+18s"Alright. Well, we're still getting big moves. So what that's gonna do is cause kinda some"
6:32deepgram · final+18s"FOMO for people like me. Right? Did I have FOMO? You bet I had FOMO."
6:36deepgram · final+16s"But I'm not going to act on that."
6:39deepgram · final+17s"What instead I'm going to do is know that it's there,"
6:43deepgram · final+18s"recognize it. Sometimes they say in psychology, say,"
6:47deepgram · final+17s"befriend it. Right? Because what you're doing is you're you're making"
6:51deepgram · final+17s"friends and you're almost making amends with this feeling that you have."
6:55deepgram · final+16s"And with trading, there's a lot of feeling."
6:59deepgram · final+17s"There's a lot of style. There's a lot of, technique to just"
7:03deepgram · final+18s"trading. Not and it's not just everyone gets confused with"
7:07deepgram · final+17s"you know, oh, it's this candle, so, you know, that should be it. Or, oh, it's this"
7:12deepgram · final+17s"trend line so that should be it. And that's not how trading works at all. If you see that stuff online,"
7:17deepgram · final+17s"you know, you see all these these people on YouTube, they're like, oh,"
7:20deepgram · final+18s"I'm only trading trend lines. I made a million dollars trading these trend lines. I'm like, you know, give me a break."
7:25deepgram · final+18s"Because it's not at all. There's a lot of feeling. There's a lot of"
7:28deepgram · final+16s"fake out. There's a lot of manipulation, and it's in every single market."
7:33deepgram · final+17s"Manipulation being perfectly legal because these are algos. Right?"
7:37deepgram · final+18s"The algo is doing nothing wrong, other than, you know,"
7:41deepgram · final+15s"tricking the the unprepared."
7:44deepgram · final+14s"So"
7:45deepgram · final+18s"my approach this morning was I was like, well, I'm gonna wait for something to"
7:49deepgram · final+18s"kinda come along that looks pretty strong. So"
7:53deepgram · final+21s"I did see LABT pop up, and I actually I'm like, you know what? This looks like it could be the one."
7:53haiku · watchlist+22sLABT (LABT pop up, this looks like it could be the one)
7:53haiku · correction+30s
7:59deepgram · final+18s"So I jump in sorry. This thing's all over the place. I jump in because it's"
8:04deepgram · final+13s"currently moving."
8:05deepgram · final+17s"I jump in on the first little pop. It had very low volume."
8:05haiku · trade+18s(I jump in on the first little pop)
8:05haiku · correction+33s
8:09deepgram · final+17s"But it went from a dollar eighties all the way up to"
8:12deepgram · final+17s"2 forties. Right? That's a that's a big pop. So immediately, it was on the scanners."
8:17deepgram · final+15s"And I'm like, you know what?"
8:19deepgram · final+17s"I'm gonna take a stab with, I believe it was"
8:23deepgram · final+18s"2 or 4,000 shares. It doesn't really matter the size, but"
8:29deepgram · final+15s"I'm like, let me take a starter."
8:31deepgram · final+18s"Because if it of if it does search to 4,"
8:35deepgram · final+18s"I have my starter at 2, and then I can add and my my average will be much"
8:40deepgram · final+14s"lower as it's squeezing higher. Right?"
8:42deepgram · final+16s"It'll be like getting it'll be like getting a discount if I add up here."
8:46deepgram · final+17s"So I buy it. It stops"
8:46haiku · trade+19s(So I buy it. It stops)
8:46haiku · correction+25s
8:49deepgram · final+17s"me out. I'm like, you sturdy son of a gun. Of course, you're gonna fake me out today."
8:54deepgram · final+17s"The reason that I took that starter is I saw very quickly"
8:59deepgram · final+14s"sorry. This is kind of annoying."
9:00deepgram · final+18s"I saw very quickly I'm using these charts because I want you guys to see my entries and"
9:05deepgram · final+13s"exits."
9:06deepgram · final+17s"I saw very quickly that the daily chart had no recent volume."
9:10deepgram · final+18s"Right? It had a little bit of volume, but it it really had no"
9:14deepgram · final+15s"room or range."
9:16deepgram · final+17s"So I'm like, isn't that interesting? If this thing does"
9:20deepgram · final+18s"you know, make this miracle move"
9:23deepgram · final+18s"over this eights. You know, it's going to tens and twenties. There it's this is what they do."
9:28deepgram · final+15s"Not that I'm going to guess it at will, but"
9:31deepgram · final+17s"it makes more sense to take a starter down at two than it does at six. Right?"
9:36deepgram · final+17s"Whereas a lot of beginners are like, well, this is clearly surging up. Let me jump in"
9:41deepgram · final+16s"at six. And that's that's the wrong approach."
9:45deepgram · final+17s"If you're taking your starter up, you know, near two, 300%, you're wrong."
9:49deepgram · final+18s"You you should just go back to the simulator and reanalyze what you're doing."
9:54deepgram · final+15s"Because that's not it."
9:56deepgram · final+18s"The reason that I can take a star down here is I can kinda finesse the"
10:01deepgram · final+13s"trade."
10:02deepgram · final+17s"Right? If it rolls over and stops me out, what am I losing? $500?"
10:06deepgram · final+14s"Big deal."
10:07deepgram · final+18s"Right? Big deal. So what that now does is and that's exactly what"
10:11deepgram · final+20s"happened. Took my starter, rolled over, lost $500. I'm like, no big deal or whatever it was, $5.06, Even it was a thousand bucks. I'm not sure."
10:18deepgram · final+15s"I don't even remember. But"
10:22deepgram · final+17s"the approach was, alright. Well, now that it rolled over, let me move on to the next one."
10:27deepgram · final+17s"And I left it up on my screen just to see how badly it rolled over because I wanna"
10:31deepgram · final+15s"kinda get a good feeling for the day."
10:33deepgram · final+18s"And then all of a sudden, dips and then pops right back up. I'm like, oh, see what's"
10:38deepgram · final+13s"going on here."
10:39deepgram · final+17s"So I bought back, I believe it was"
10:42deepgram · final+16s"4,000 shares in here."
10:42haiku · trade+17s(4,000 shares in here)
10:42haiku · correction+22s
10:45deepgram · final+18s"And then it pops to 2 eighties. I'm like, alright. Game on."
10:48deepgram · final+14s"Pops to 2 eighties."
10:51deepgram · final+17s"Pulls back, pulls back, pulls back. I missed my add at 2 seventies because"
10:55deepgram · final+15s"Schwab is is slow."
10:58deepgram · final+18s"I ended up adding at 3 twenties. I believe I had a total of 8,000 shares."
11:03deepgram · final+18s"And then I sold all right around 3 fifties. Right? And that was for, like, a"
11:08deepgram · final+20s"don't even know. Maybe 4 where was it? 4 I think $4 or something like that."
11:15deepgram · final+17s"$5,000. And, you know, look at this."
11:20deepgram · final+14s"I'm like, ugh."
11:21deepgram · final+14s"You gotta be kidding me."
11:23deepgram · final+17s"Because this ad here, I was looking for this type of move."
11:28deepgram · final+17s"And it popped and then faded and kinda fizzled. I'm like, oh, boy. Right?"
11:33deepgram · final+16s"Make sure you're selling because it's looking like it's fading."
11:36deepgram · final+15s"Doesn't this thing take off"
11:39deepgram · final+17s"I missed my ad. It goes to $4.50 to 5. And and and, you know, I can't"
11:44deepgram · final+16s"Unfortunately, I can't. I just can't buy up here."
11:47deepgram · final+16s"Because what will happen every single time without fail"
11:51deepgram · final+18s"is Poppy will have 10,000 shares at $5 It'll push to $6.50."
11:51haiku · watchlist+19sPOPPY $5.00 (will have 10,000 shares at $5 It'll push to $6.50)
11:51haiku · correction+24s
11:56deepgram · final+18s"And then slam. And then it's lingering at $4.50. I'm like, oh, holy cow. Like,"
12:01deepgram · final+17s"here here I am down $5,000 when I was up, you know, when I was just up, like, $12."
12:05deepgram · final+17s"And that happens very quick, on a commission"
12:10deepgram · final+18s"free broker. So the trade off for commission"
12:14deepgram · final+18s"free is, you know, yeah, I'm not getting these huge moves, but"
12:18deepgram · final+18s"I'm getting some nice I'm getting some decent action, and it's"
12:21deepgram · final+16s"kind of allowing me to wait for the better setup."
12:24deepgram · final+16s"Now this is when it gets a little tricky."
12:27deepgram · final+15s"So I was watching this,"
12:30deepgram · final+14s"kind of"
12:31deepgram · final+18s"lingering here. I'm like, you know, this is an itch."
12:34deepgram · final+17s"It because if I buy this five forty area"
12:38deepgram · final+18s"what's my risk? And the risk is I get that rejection and"
12:42deepgram · final+14s"pushes down a four eighteen."
12:44deepgram · final+20s"So then all of a sudden it curls back up at five I took I took pretty heavy size on this one. Where was that?"
12:52deepgram · final+18s"See, it doesn't show me the full"
12:56deepgram · final+21s"fill, but regardless, I think it was, like, 6,000 It wasn't that heavy, but it was pretty aggressive. 6,000 shares."
12:56haiku · trade+22s(fill, but regardless, I think it was, like, 6,000... 6,000 shares)
12:56haiku · correction+30s
13:03deepgram · final+17s"And then sold into a small push because it's it what happens is"
13:07deepgram · final+17s"with these two buy and sell orders, it pops"
13:11deepgram · final+15s"but it lingers."
13:13deepgram · final+18s"Right? When I wanna see these things pop and really push through, I want this."
13:18deepgram · final+22s"This is what I'm looking for in every trade I take. $3.66 to $7. That is what I'm looking for. I was not taking this trade for"
13:26deepgram · final+18s"you know, 20¢, 10¢. I was not taking this trade"
13:30deepgram · final+17s"for 20¢. I added so heavy because I thought this thing was gonna go straight to 8."
13:35deepgram · final+16s"And it did, but it faked me out first."
13:38deepgram · final+16s"A little unfortunate, but it happens."
13:42deepgram · final+14s"So"
13:43deepgram · final+18s"that's what these cells are. And"
13:47deepgram · final+17s"what I actually do is with my cells, I try to create this"
13:51deepgram · final+18s"idea of, my stops are profit stops."
13:55deepgram · final+18s"Right? Because even if the trade is wrong, I'll make, you know, a few $100 or something like that."
14:00deepgram · final+18s"Versus why, you know, why let it roll over like"
14:03deepgram · final+18s"it did. If I let it roll over, it would have popped here"
14:06deepgram · final+17s"slammed back down to $4.40 from my five ton average."
14:10deepgram · final+18s"And that would have been maybe a couple thousand dollar loss when I can just get back in."
14:14deepgram · final+15s"Now this is another one that got me."
14:16deepgram · final+18s"I added because I was like, alright. Well, it's gonna clear this 5 fifties,"
14:16haiku · trade+19s$5.50 (I added because I was like, alright. Well, it's gonna clear this 5 fifties)
14:16haiku · correction+24s
14:21deepgram · final+18s"And if it does, you know, we're going to 7."
14:25deepgram · final+17s"I didn't know when or where that was going to happen, but my guess was"
14:30deepgram · final+16s"it's it was going to happen, and I didn't wanna miss it."
14:33deepgram · final+18s"So I'm like, well, I could add back here, but I'm worried about another fake out. Let me let it"
14:38deepgram · final+18s"clear. This one got me pretty good because this candle popped"
14:42deepgram · final+15s"five fifties and I waited."
14:44deepgram · final+18s"I'm like, you know what? Let me wait because it's gonna push through and then roll over. It"
14:49deepgram · final+17s"pushes through all the way up to six and then then"
14:52deepgram · final+16s"acts like it's gonna roll over and then starts holding."
14:55deepgram · final+18s"And then it's lingering, lingering, lingering, so I take, my I take my starter there,"
15:00deepgram · final+18s"4,000 shares or something like that, and then it rolls out"
15:03deepgram · final+18s"like, you you dumb son of a gun. Why'd you take that? Whatever. Stop out."
15:03haiku · trade+19s(Stop out.)
15:03haiku · correction+24s
15:08deepgram · final+18s"And then all of a sudden, you know, I see it kinda lingering here."
15:12deepgram · final+15s"And"
15:14deepgram · final+18s"now finally, I'm like, alright. I see it. Now I see it."
15:19deepgram · final+18s"Once, twice, three times the charm. I jumped in with, I believe,"
15:24deepgram · final+15s"8 or 9,000 shares. This was a heavy trade."
15:26deepgram · final+18s"8 or 9,000 shares. Tried selling at 7 fifties. Couldn't sell."
15:26haiku · trade+19s$7.50 (Tried selling at 7 fifties. Couldn't sell.)
15:26haiku · correction+24s
15:31deepgram · final+18s"Sold 2,000 at $7.13,"
15:31haiku · trade+19s$7.13 (Sold 2,000 at $7.13)
15:31haiku · correction+30s
15:34deepgram · final+18s"and then sold the rest at $6.45. So you could"
15:37deepgram · final+16s"see how much I was trying to sell all here."
15:40deepgram · final+16s"Up in the $7.30, $7.40 area."
15:43deepgram · final+18s"You could see how the broker kinda dropped the ball on that"
15:47deepgram · final+17s"Right? I'm not gonna sit here and say Schwab is great, I'm but I'm not gonna sit here and say"
15:51deepgram · final+17s"terrible because it's it's kinda got it's got its, value for"
15:55deepgram · final+17s"some, and it's working out for me. I mean, you know, $12,000 is a is a nice day."
15:59deepgram · final+16s"I I'm not, you know, I'm not gonna knock it."
16:03deepgram · final+17s"But, you know, this 12 could have been maybe 25 on a on a direct"
16:08deepgram · final+17s"broker. But then again, I might overtrade and and stuff like that."
16:13deepgram · final+17s"Something that I've noticed with commission free trading on Schwab versus"
16:18deepgram · final+14s"DirectAccess is"
16:20deepgram · final+17s"when I'm firing off an order at"
16:24deepgram · final+18s"I'm gonna pop this up over here. When I'm firing off an order at"
16:29deepgram · final+14s"Schwab,"
16:31deepgram · final+17s"I'm going to get a really nice price improvement. A lot of these"
16:35deepgram · final+17s"trades, no joke, some of them filled, like, 20¢ lower."
16:39deepgram · final+18s"I bought the ask, and it legit filled me 20¢ lower."
16:39haiku · trade+19s(I bought the ask, and it legit filled me 20¢ lower)
16:39haiku · correction+26s
16:43deepgram · final+17s"I don't know if an algo picked it up or it waited as the stock flushed, but it picked it up 20¢ lower. I'm like,"
16:47deepgram · final+18s"holy cow. That's insane. Whereas on"
16:51deepgram · final+16s"OceanOne, Lightspeed, any of those direct access brokers,"
16:55deepgram · final+18s"if I'm firing an order with an offset, I'm filling the top of my offset"
17:00deepgram · final+15s"every single time."
17:02deepgram · final+18s"And so now what's happening is my price improvement let's just"
17:07deepgram · final+17s"just say let's just say I get 10¢. Let's just say I get 10¢ price improvement."
17:11deepgram · final+17s"Versus a 10¢ offset for direct access."
17:15deepgram · final+18s"That's 20¢ every single trade, and that's including my cells."
17:19deepgram · final+22s"So my cells might be flat, whereas my cells might be, you know, down 10¢ on the direct access broker. So that might be another 30¢."
17:28deepgram · final+17s"So with 10,000 shares, there's a $3,000 discrepancy"
17:32deepgram · final+15s"on just a just a scalp trade maybe."
17:36deepgram · final+17s"And what I've been noticing is that I'm like, alright. Well, where's"
17:41deepgram · final+16s"which one is better? And I've honestly I"
17:44deepgram · final+15s"they both have their their"
17:47deepgram · final+14s"their place."
17:48deepgram · final+18s"This stuff, I I just"
17:51deepgram · final+20s"can't trade. If this thing opens at thirteen, right now, I just can't trade it on this broker. I can't."
17:58deepgram · final+18s"I'll buy at thirteen. It'll flush to, like, ten, and there's no way this broker is gonna sell"
17:58haiku · trade+19s$13.00 (I'll buy at thirteen. It'll flush to, like, ten)
17:58haiku · correction+24s
18:03deepgram · final+14s"my position. No way."
18:04deepgram · final+18s"The only thing that would happen on a broker like this is or a situation like this"
18:08deepgram · final+26s"is if I was buying a a technical pattern, 06:60 sevens, and then I didn't sell. You know, then I'd be, you know, then I'd be in the driver's seat holding at eight, nine, ten, eleven, twelve, thirteen. Right? I could just I could easily just put out our market"
18:23deepgram · final+17s"sell up here, and my order will fill at thirteen if it resumes."
18:23haiku · trade+19s$13.00 (sell up here, and my order will fill at thirteen if it resumes)
18:23haiku · correction+24s
18:26deepgram · final+15s"That's, you know, that's how it works."
18:28deepgram · final+14s"So"
18:30deepgram · final+17s"there's there's a time and a place to be on the"
18:33deepgram · final+16s"and there's a time and a place to be defense. Right?"
18:36deepgram · final+16s"So with these types of trades,"
18:39deepgram · final+15s"just have to know what you can do"
18:42deepgram · final+14s"and what you can't do."
18:43deepgram · final+14s"Right?"
18:44deepgram · final+22s"For instance, I can take a dip if this resumes at 12:12 twenty and pushes a thirteen fifteen fourteen on a direct access broker. I can do that."
18:53deepgram · final+18s"I can't do it on, Schwab. I just can't."
18:57deepgram · final+14s"Because"
18:58deepgram · final+18s"even with 2,000 shares whipping around four points,"
19:02deepgram · final+17s"right, that that can be very costly and damaging to my p and l today."
19:07deepgram · final+14s"Right?"
19:09deepgram · final+17s"So it's really kind of what I'm doing and what I've noticed"
19:13deepgram · final+18s"trading on this broker. It's being very, I'm being very defensive."
19:18deepgram · final+16s"Very defensive, protecting profits, stuff like that."
19:21deepgram · final+17s"Now what I've noticed is my consistency's been higher"
19:26deepgram · final+15s"but my p and l's been lower."
19:30deepgram · final+14s"Right? So"
19:31deepgram · final+16s"just for instance, think it was over a 100 k last month, and"
19:34deepgram · final+17s"you know, it got me thinking. I'm like, well, what would have that been if I was trading a"
19:39deepgram · final+17s"extremely aggressive on a direct access broker? Right? Would that be double?"
19:44deepgram · final+15s"You know? So"
19:46deepgram · final+17s"or would it would it be red? Would I not be trading the right way and"
19:50deepgram · final+17s"would I actually be red? Because maybe I'd be buying high"
19:54deepgram · final+17s"and selling low and then re adding high and just being too aggressive."
19:58deepgram · final+17s"So you kinda have to ask yourself, you know, what personality you are and"
20:03deepgram · final+17s"trying to approach these different brokers because you do have to treat them different."
20:07deepgram · final+17s"And I think, still my end result or my end answer"
20:12deepgram · final+18s"to that is to have have both. Because this is commission free. It's"
20:17deepgram · final+16s"costing me a $170 a month, for DOS."
20:21deepgram · final+14s"And I can have"
20:22deepgram · final+18s"a low balance. The problem is is I don't get leverage."
20:26deepgram · final+20s"So I'm I have to lock up, you know, $60.70 grand you know, in this account just to actively day trade the way I want."
20:33deepgram · final+18s"Whereas if I'm on an offshore broker, whether it be CMEG, OceanOne,"
20:40deepgram · final+17s"I can leave, you know, $2,000 and get 10 times leverage, eight times leverage, where"
20:44deepgram · final+17s"offer. They're always changing. But, you know, you can see the the validity behind that because"
20:49deepgram · final+18s"now I can just leave, you know, doc maybe $4 in there. And then when"
20:53deepgram · final+17s"when stuff like this is showing up, I'm like, alright. Game on. Let me hop over to the other broker and"
20:58deepgram · final+18s"know, really see if I can push it. Because,"
21:01deepgram · final+18s"these candles are going from, you know, five to eight to 10 to 12."
21:06deepgram · final+18s"That's when you're really going to be able to capitalize on, you know, these"
21:11deepgram · final+17s"huge moves. Unless, of course, you're just sitting here kinda glued and you're like, you know, I'm gonna buy"
21:16deepgram · final+17s"the dip. I'll add up here. That's perfectly fine too. It's got the volume to do it."
21:16haiku · trade+18s(I'll add up here)
21:16haiku · correction+23s
21:20deepgram · final+18s"But just be mindful that your cells might be a little laggy."
21:25deepgram · final+17s"So my approach every single day was just to kinda"
21:29deepgram · final+14s"sit and wait"
21:30deepgram · final+17s"for that right setup. Now we had a lot of them kinda pop up"
21:35deepgram · final+15s"lot of people were saying, you know, why aren't you trading ADVB?"
21:38deepgram · final+17s"Well, I don't like these stocks that"
21:42deepgram · final+17s"have this kinda historical"
21:46deepgram · final+18s"pop fade, pop"
21:49deepgram · final+16s"fade because I'm I'm not going to be the first one in."
21:52deepgram · final+17s"I'm not gonna be, you know, the Kool Aid man jumping through the, you know, the"
21:57deepgram · final+17s"the wall, breaking through the door, you know, in a trade. It's"
22:01deepgram · final+17s"everyone's already seen it. Everyone's already there. You know, it's like when you go to"
22:06deepgram · final+18s"some boring event. You show up late. Everyone's just like,"
22:09deepgram · final+18s"everyone looks like they're, like, beat. They're like, I just wanna leave. You know?"
22:12deepgram · final+15s"That's what kind of trading one of these stocks is."
22:15deepgram · final+17s"Everyone's there. Everyone's no one's having a good time."
22:18deepgram · final+17s"And you show up and you're like, this is this is silly. I I just wanna leave."
22:22deepgram · final+18s"Like, it's usually they ask"
22:25deepgram · final+18s"my wife. As soon as we walk in, I'm like, alright. Can we leave yet? She's like, we just got here."
22:30deepgram · final+16s"She'll put a smile on your face."
22:33deepgram · final+16s"I go, god. Like, here we go. I got put on this charade."
22:36deepgram · final+15s"But, you know,"
22:38deepgram · final+16s"that's kinda how these these"
22:41deepgram · final+18s"these stocks are. You're not going to get a lot of,"
22:45deepgram · final+18s"you're not gonna get a lot of action out of this. You're gonna get beat up."
22:49deepgram · final+17s"So that's why when people focus on stocks like"
22:52deepgram · final+17s"ZCMEG, right, it's a clear it's a clear mover."
22:56deepgram · final+18s"It's got this huge drop from a 140. It's curling."
23:01deepgram · final+17s"It doesn't have a ton of recent volume. I mean, there is recent volume here, but I believe they had"
23:05deepgram · final+18s"split. So, I mean, like, look at that. Like, a direct access broker, would have added at"
23:10deepgram · final+17s"on that dip. Right? Because everyone's looking to buy in and get it, you know, get it."
23:14deepgram · final+18s"And I would wait for it to maybe start to hold or fade and then just, like, sell. Right? So"
23:19deepgram · final+18s"say I bought at $9.70, you tell it to sell at $10.70. Right? There's a point."
23:23deepgram · final+18s"That's a, you know, that's a lot of money. Whereas Schwab, I just"
23:28deepgram · final+18s"know, if I buy here, it's gonna like pop and then"
23:31deepgram · final+15s"just completely annihilate me."
23:34deepgram · final+16s"You know, down to, like, nines or something. So"
23:37deepgram · final+17s"not to say that it can't work because it can."
23:42deepgram · final+17s"But you have to be mindful of that's"
23:45deepgram · final+18s"that's kind of the odds of of what's going to happen."
23:49deepgram · final+25s"So what do I do on something like this? Well, we have 600%. We've been seeing you know, everyone right now is like, alright. This is gonna be the one that's supposed a thousand percent. So what I have to do is I have to trade, you know, very defensively right now."
24:01deepgram · final+17s"I cannot buy in here because if it rolls over, it's gonna halt down to eight."
24:05deepgram · final+15s"That's just end of story. That's what's gonna happen."
24:08deepgram · final+18s"But what I can do is I can wait for it to consolidate"
24:12deepgram · final+17s"and give me something a little bit more clean like this."
24:15deepgram · final+18s"Right? It doesn't mean, you know, I I'm gonna miss a move."
24:19deepgram · final+17s"If it wants to go without me, that's fine. But something like this"
24:23deepgram · final+18s"I can, you know, maybe look to take a position if it wants to curl and push up till"
24:28deepgram · final+18s"twelve, you know, maybe till twelve eighty or something like that."
24:31deepgram · final+18s"But, you know, alright. Now what would my what would my"
24:34deepgram · final+17s"size be? Well, size would be much lower. Right?"
24:37deepgram · final+17s"Because while I see these bottoming tails,"
24:40deepgram · final+17s"MACD's open, but, you know, we have this kind of"
24:44deepgram · final+17s"gap down here with a lot of room. Right?"
24:48deepgram · final+18s"What I usually do is I kinda wait for these to I wanna see it slam. I wanna see it get slammed."
24:53deepgram · final+18s"And then just like that, and then I wanna see it"
24:57deepgram · final+18s"come back up. If it comes back up and looks like it's gonna push,"
25:01deepgram · final+17s"right, that would be my cue to be like, alright. Now it's"
25:04deepgram · final+17s"it's already faded. It's already got slammed. It's already got"
25:07deepgram · final+15s"destroyed, and but it's holding."
25:10deepgram · final+16s"That's usually the go to pattern for me on these."
25:13deepgram · final+18s"Because if I was always looking for a breakout up here,"
25:17deepgram · final+18s"you know, your risk is is all downside. We don't really know how much higher it can go."
25:22deepgram · final+18s"But the downside risk we can see. Right?"
25:25deepgram · final+17s"So, you know, we can draw some levels out real quick as we have"
25:30deepgram · final+17s"know, October, and I think that was the last one."
25:34deepgram · final+15s"These are all ones."
25:37deepgram · final+17s"Yeah. So that 1080 area is is very interesting."
25:41deepgram · final+17s"1088. We'll call it 11. Just just for fun, we'll call it 11."
25:46deepgram · final+17s"Right? So what do I look at here? I wanna see this kind of just"
25:50deepgram · final+15s"hold. I wanna see a hold. There's no rush."
25:52deepgram · final+17s"There's no rush. It goes off to the side. There we go."
25:59deepgram · final+18s"Alright. A lot of people wanna jump in. There's just no rush. Just"
26:02deepgram · final+17s"trade the momentum that's in front of you."
26:05deepgram · final+17s"We have a big kind of topping tail rejection. Boom. On the five."
26:10deepgram · final+18s"I think it needs a lot of time, unfortunately. I think it needs more time than we think."
26:19deepgram · final+16s"So double top risk"
26:22deepgram · final+18s"usually, what I'll do is something like this, I'll take because it's"
26:27deepgram · final+18s"already shown its rejection. It's already shown its recovery. It's already shown that it's attempted."
26:32deepgram · final+18s"Right? Double top risk up here is is a no go because"
26:37deepgram · final+18s"you're essentially taking the trade at the high."
26:41deepgram · final+17s"Right? You don't wanna be doing that because the risk of rollover is just is just too much."
26:45deepgram · final+14s"Yeah. It could work,"
26:48deepgram · final+15s"It could work, but"
26:51deepgram · final+17s"are you willing to risk that, you know, two point drop?"
26:55deepgram · final+18s"And the answer usually is no. But a lot of people don't say,"
27:00deepgram · final+17s"to themselves, alright. There's lot of risk up here. You know, let me be careful."
27:06deepgram · final+17s"So since it's the only stock trending right now, we'll still keep"
27:09deepgram · final+18s"it on watch just to see if it wants to create another pattern"
27:09haiku · watchlist+19s(it on watch just to see if it wants to create another pattern)
27:09haiku · correction+23s
27:12deepgram · final+15s"You know, it had this kind of little goofy"
27:16deepgram · final+17s"halt, resume, halt, resume, halt. Right? It was just very"
27:20deepgram · final+14s"strange."
27:23deepgram · final+14s"Very strange."
27:25deepgram · final+16s"I think if anything, it's going to take some time"
27:28deepgram · final+16s"to kinda curl up to that level."
27:33deepgram · final+17s"Like I said, if there is a trade that I can show you, I'll I'll take it."
27:37deepgram · final+17s"Right now, this is just for educational kind of purposes of how I"
27:42deepgram · final+14s"approach all this stuff."
27:47deepgram · final+17s"Just like it would be like a live trading class in the morning. Same exact thing."
27:51deepgram · final+18s"I've had a couple, yeah, I've had a couple,"
27:55deepgram · final+18s"live trading days where I just fill in for Ross and premarket."
27:59deepgram · final+16s"But, yeah, it's kinda rare."
28:07deepgram · final+17s"Yeah. There is a DOS, ten second chart. It's"
28:07haiku · watchlist+19sDOS (There is a DOS, ten second chart)
28:07haiku · correction+25s
28:12deepgram · final+16s"it's a little goofy, but it it works. It works."
28:22deepgram · final+18s"Yeah. You know, I used to I used to feel pressured to, like, trade and stuff, and now"
28:27deepgram · final+17s"now that I've grown old, I just you know, it is what it is. Every day is the same."
28:32deepgram · final+17s"Know, I don't celebrate for a win. I don't, you know, beat myself up for a loss."
28:38deepgram · final+17s"We'll see what this wants to do."
28:42deepgram · final+22s"So that level of 10, right around this 10 so you can see how it dipped, dipped, and then broke through."
28:51deepgram · final+17s"Dipped, recovered, dipped, recovered, and then broke through."
28:54deepgram · final+17s"And it's and it's at that that kinda high mark."
28:57deepgram · final+16s"Because after ten eighty, ten eighty eight, I should say,"
29:01deepgram · final+17s"mean, we got it it can go wherever it wants. Not that it's going to do that,"
29:05deepgram · final+14s"but"
29:07deepgram · final+14s"it can."
29:09deepgram · final+17s"I think a lot of traders right now, like, well, you know,"
29:12deepgram · final+18s"600, 700%, good enough. It's close enough to a thousand percent."
29:17deepgram · final+15s"And it's silly"
29:19deepgram · final+16s"but we have to think in that that type of way because"
29:23deepgram · final+15s"there's a lot of"
29:25deepgram · final+18s"kinda guessing and and alright. Well, what is this gonna do? Where is it gonna go?"
29:30deepgram · final+16s"A lot of prediction"
29:33deepgram · final+18s"from, you know, millions of people. This thing's got 72,000,000 shares traded on it"
29:37deepgram · final+15s"now. I don't even know, where's the"
29:41deepgram · final+18s"there should be a"
29:47deepgram · final+14s"Darwin today."
29:49deepgram · final+17s"There you go. $300,000,000. I mean,"
29:53deepgram · final+18s"$300,000,000. That's"
29:56deepgram · final+15s"insane. What's SMCI?"
29:56haiku · watchlist+17sSMCI (What's SMCI?)
29:56haiku · correction+22s