Qullamaggie Swing Trading School Condensed Setup and Teaching only

for keeping things in traded [Music] you have a big big boot this is the basic premise okay I'm gonna show you I'm gonna show you like a black short this is the basic premise you have a strong stock makes a big move okay has to be like let's say it doesn't matter if this is a one month move or a three month move or a six month move doesn't matter the time frame but it has to be in the top one or two percent of the strongest stocks in that time frame and then what happens is they usually pull back right pulls back let this is the start of the Swing trading school okay so pay attention see and then you have a moving average usually like always can I do like curved lines uh I can't uh whatever so you have a moving average right this may be the 10 day the the simple 10 SMA or the 20 SMA or the 50. the best ones are the 10 and 20 okay and then it gets tight uh where's the line here then it starts getting Tighter and Tighter goes sideways starts building higher lows okay and then move it's just surfing the moving average again the moving average is that usually the 10 20 or sometimes the 50 are you may mostly do the 10 and 20 mostly the 20 ones okay I'm gonna show you a couple of order actually several uh perfect examples which I traded myself and then they break out of this tight range and the best ones are the ones that show relative strength like the ones that can't break that can't go lower even if the Market's overall like the indices overall are showing weakness and going lower and these things just you know they can't break lower or they may even be building higher lows so I'm gonna show you like a perfect perfect perfect perfect one like this Shopify this is a perfect looking entry this is it had a big big move okay when sideways for a couple of weeks started building higher lows built the tight range and then it broke out okay this is a five-star setup another one I didn't trade that particular one but I did trade this one so it kept going so the first one it bounced off the 10 day looks like look at how it's surfing the 10 day okay then it has a sharp pullback because you know it gets extended even the best stocks pull back eventually find support on the rising 20 day start surfing the 20 they actually stays uh like it is below the 20 day but it's building higher lows okay has another range gets really tight and this is our enter the opening range Heights and the opening range size it could be the high so the first one minute candle the first five minute candle or the first 60 Minute candle and the six first 60 Minute candle is always uh actually a 30 minute candle since uh there's six and a half trading hours in a trading day okay we bought it on on stream on the for over the first one and five minute candles if I remember correctly where I think we got stopped out the first time and then then we re-bought the first 60 Minute candle I think it was like high 700s or something and look at this this is a five-star setup look at this look at what it did keep surfing the 10 day pulls back search the 20-day forever for a while pulls back again finds support above the 50 day okay another example would be Tesla another one that uh that we traded here perfect perfect one that's a big big move find support on a rising 10 day again the strongest stocks find support on that Rising 10 day or if it's so early in the move and then it gets Tighter and Tighter builds higher lows starts surfing the 20-day moving average and here is an early breakout okay we kind of anticipated the range break it just looked so perfect and then the next day it gapped up and we added more on the opening range highs again it's the first one minute five minute and or the 60 Minute candle break Breakout you can use either one of them you usually want to get in as early as possible so you want to use the one and five but sometimes the fail rate on the one and five minute candles are a bit higher than on the 60 minutes so sometimes you make it stopped out then you have to re-buy higher yeah so but usually you want to get in as early as possible when you have like a five star setup and then it just kept going and now look at this it made a huge move kept surfing on a 10-day pulled back now it's finding support on the 20 day and again you have a tight range and today uh I bought it I know several of you did too but looks looks like it's probably not gonna break out today it may stop us out but if it keeps building higher lows here find support on a 20-day you know it will break out eventually and maybe go to 2000 or something I don't know or it may not you know let let the stock tell you there's no reason to have any opinions about it this or that or blah blah you know you gotta you gotta wait for the price to tell you price is the only thing that pays not nothing else and there's there's just a lot of them like fastly this one had a perfect one a couple of months back here has a big move this one I think we bought an earnings at 30 bucks or high 29th yeah this one we bought on earnings yeah yeah uh but you know keeps build surfing the rising 10 day builds higher lows and then it kind of builds a little flag up here look at how tight it gets and then it breaks out look at what it did and you can use the 10-day you you can sell a third or half after the first three to five days just lock in some move your stop to break even and then you just use the 10-day moving average that's your trailing stop and once it closes the first close below the 10 day you sell it so this here on this day would have gotten stopped out and this one broke out again last week and now it's on a new run it's just uh it's it's just how stocks act like Strong's this is what strong stocks do in uh in strong markets this is what momentum leaders do in the momentum markets and what is the momentum Market a momentum market is when the 10 and the 20-day moving averages like I use the NASDAQ for me the NASDAQ is the market I I moved like 90 percent of the stocks I trade or NASDAQ stocks I couldn't care less about S P 500 or New York Stock Exchange like for me the market is NASDAQ so when the 10 day is rising and the 20 days rising and when a 10 day is above the 20 day okay that's the momentum market like something like this okay you don't have to catch any lows aftermarket bottoms you just have to catch the meat in the middle this is a momentum Market okay I've had a huge strong I'm up over 200 percent in the past four months okay just this is not a good swing trading Market on a long side this you know if you get any breakouts when the 10-day moving average is sloping down when a 20 day is sloping down and 10 days below the 20 day there's a high fail rate okay you probably shouldn't trade swing trade on the long side this is a good swing trading Market very good this one you know these are can be a little bit tricky like this was a good period this was not a good period in just a sideways shop this was also incredibly good swing trading Market this wasn't that much I mean you can get select stocks that move higher and have nice breakouts and good follow through but the fail rate is just so much higher this was a good one so there are good and bad markets right now we are in an extremely good market like I said on Twitter like I wrote on Twitter I think I said it on stream too I've already made back that 1.5 million dollar loss from last week which state did I have it was let's see what date was the last so I lost almost 1.5 million shorting this code I've gone to 29th of July that was last Wednesday and today is Tuesday so in less than a week I made it all back that was almost uh like seven eight percent uh cut of my account and in less than a week you know or already at New Heights pretty much and that that's what happens in a good Market you know you can have so many [ __ ] ups and it will all be forgiven you know in a you know short amount of time again this is this is what late 2018 not a good swing trading Market you see this the 20 days sloping down during this whole move and the 10 day two the time they tried to turn up here and here but you know it failed and and you know there will be select good setups that may even work but the fail rate is just you know High and you will have you know you will struggle because you never know when the market is gonna get good again but you know there that's why you know you can use these guidelines and you'll just start seeing like there will be a lot of stocks setting up when a market starts getting good there will be a lot of good setups you you will have like 20 30 good setups and you don't know which ones to buy okay but when a market is bad usually there will only be like a select few there just won't be very like some random setups here and there and as long as we keep going up and the 10-day slopes higher the 20-day slopes higher the 10 days above the 20 day you know and you you find a good setup you should trade you should trade the setup it doesn't matter you know like you know you gotta Trade It our job is to make money and in a specific like rule-based like environment that's why it's so important to like be aware of these things and develop some rules that doesn't have to be anything complicated you don't have to use any rocket science you know just simple I think just some simple moving averages are good enough and there's no reason why you can't make hundred percent 200 500 per year over a long period will run it so it's very good like breakouts like any type of you know breakout or momentum strategy use they're gonna work best obviously when the market is in a momentum mode and you know sometimes you have to be in cash for weeks and months on end when a market is not good and that's fine you know if you can sit down the period like this and then once a period like this comes around you're gonna double triple quadruple your accounts trust me on this one you don't need to trade all the time it's fine to sit in cash for months on end now it's easier said than done but generally what you want to see like NASDAQ is the you know the relevant index you don't need to look at anything other than NASDAQ okay this is like this is NASDAQ is where ninety percent of the stocks I trade or in the NASDAQ okay so generally what you want to see is the 10-day sloping higher and the 20-day sloping higher or at least one of them needs to be sloping higher generally and the 10 day needs to be above the 20 day it's fine if it undercuts a little bit for a while um but you know that's like general rule so this has been a really good swing trading Market okay during this time there weren't many breakouts and those that were they failed uh there were a lot of breakdowns though but that's just another type of strategy you don't need to do any shorting this was also a really good Market I I more than doubled my accounts on this during this four-month bull run uh this period was a little bit more challenging uh this was a decent period in even though it only lasted for a few months this was a bit challenging because you know the market was down trending like the 10 days started sloping lower 20 days started sloping lower the 10 day was below the 20 day that's not a great swing trading environment and then this was just a shopping environment no trend and the 10 day 20 day they were like mostly going sideways or or lower or sloping down and this was also an insanely good trading environment the first five months of 2019. and you know I can go back years and years so you you get this like every every year there's usually a three to six month period that's a bit challenging you won't you you will make very little or no money and that's fine and then you get these rounds that last for three to six months where you will double and triple your account you just have to wait for those periods okay you have to wait it out it's really making millions in trading it's really not about rocket science it's all about patience and discipline it really is you eating okay there is a potential setup here so what this thing does is makes a big big move pulls back and it kind of goes sideways for a couple of months and I see you've been teaching you know what let's look at this thing on the on the swing trading School uh set up because there here is there's only three moving averages these are the only indicators you should be using so this is what it does is it kind of starts building higher lows it's get tights in in a range and it bounces this is the first bounce of the 50-day moving average it undercuts it builds a range tight range and then it has a breakout day so this is a potential setup like anytime you have a like a clean bounce of one of these three moving averages that's that's a nice thing car let's do c Bay Another one not not really any setups here this thing just moving gaps CDE uh no I don't see any good setups on this one um cell H this one has a couple of good setups like one is right here on this day here makes a big move surfs on the 20 and 20 day moving averages starts building higher lows of the 20. takes out this tight range this is a nice little high tide flag and then there is a potential setup here like this is a five-star setup this would be maybe a three star setup I would have preferred a few more days of sideways but it keeps building these higher lows has two tight candles and then it has a breakout day here and then there's actually a good setup here this is like I would recommend everyone puts put earnings uh somewhere on their shorts next earnings you do edit toolbar right click edit toolbar and then you click the plus icon and then you look at next earnings and you add it uh and I would recommend you never buy stocks like let's say within three days of earnings or within a couple of days of earnings like this is a very good looking setup this is like a four and a half star setup look at how cleanly it bounces off the 20 day and then it has this tight range here just keeps building higher lows this is a very good setup but it's a day before earnings you shouldn't have bought it but it's a good setup right if it hadn't reported earnings this day you know you should have bought it clsk another one it kinda this is a maybe setup makes a big move pulls back goes sideways starts building higher lows of the 10 day and has a range here and then it has a breakout so that's you know it's actually a pretty decent setup I would have preferred if this day had been a tight range day instead of a wide range day but you know it's you know it it was a decent setup codex now this one has several perfect setups several of them I've traded like this down here this is a six star setup of a five-star oh goddamn tc2000 is sometimes really annoying this is a really good setup makes a big move it is kind of shopping in this range but it gets Tighter and Tighter builds higher lows start goes from surfing the 10-day moving average to surfing the 20 builds higher lows has this range that gets Tighter and Tighter has a really narrow range day the day before Breakout and then it breaks out on high volume that's uh you know that's such the perfect perfect setup um then it has another good one here um it's a little like it has this this one I traded to I would have preferred if this was a tight range day but you know sometimes you know it's like a high tide flag makes a big move bosses of the 50-day look of it serves the 50 day then it starts surfing the 10 and 20 day builds higher lows as this clean range it's a variation um so there are like different variations of the setup I'm trying to teach you this is another one I traded this one unfortunately I didn't follow my own sell rules I got stopped out on this day here uh even though I shouldn't have I anticipated that it would go lower so I sold it a bit too early but I report it on this day on stream this is the day when I uh Shades the shades those of you were in the shaft that day you remember and yeah I'm still in it and now I'm pretty much waiting for this thing to close below the 10-day moving average to sell the rest I still have like a third of my shares or a quarter my shares or something like that I sold most of them into strength it made a big move 56 50 in you know a couple of weeks carvana let's see I need to get back to my own trading RCL yeah cruise lines and Airlines they just keep going higher carvana had several or at least yeah at least two really good setups one was here again Big Move serves the 20 day starts getting Tighter and Tighter builds a range higher lows gets you know three tight range candles and then a Breakout and look at this and this makes a huge move 300 move and then it breaks out you want to be in the like fastest moving stocks okay someone mentioned Ericsson okay this is [ __ ] okay this is [ __ ] like if this was a high ADR stock like that that would have been a good setup but you know it doesn't matter how nice it looks if it's a low ADR stock it's [ __ ] you shouldn't be trading and trading this thing you should never trade [ __ ] low ADR is equal to [ __ ] High ADR is equal to gold and here's another good setup like this is the same theme like a big move pullback or sideways consolidation and then it you know it start you know the stock starts finding support and starts surfing one of the moving averages it could be the 10 day could be the 20 day could be the 50 day and many times it's a combination of over two of them like usually the 10 and 20. and then it gets Tighter and then it breaks out of that range it's just the same theme over and this is how stocks move okay this is this is how stocks are mood over the past hundred years okay you can go back and look at shards from the 20s from the 50s from the 80s from the 90s this is how stocks move okay you do the same thing over and over again you just need to memorize these patterns cwh this one had a I guess an okay set up here I would have preferred maybe a bit more sideways um it wasn't really that obvious of a setup but it served the 20-day nicely that a nice you know started building a range here um but yeah I would have preferred a bit more sideways so it wasn't that clean it was a scissor here I see a really good setup back in April this is a good setup this thing makes a big move okay goes up 100 it goes up more than 200 percent pulls back finds support on the rising 20 they builds a tight range and then it has a high volume breakout this is like a five-star setup memorize this this is where you this is where millions are made guys and then you can just use the trailing 10-day moving average like okay so I I know I advocate like sell uh one third to half after three to five days and then move your stop to break even and then sell the rest once you get the first close below the 10 day but there are like sometimes the stock can close the below the 10 day but you can still keep it and I'll show you the example when like this is a good example so you would you would have sold one third to half on any of these days here and then like on this day closed above the 10 day next day or actually would have gotten stopped out of it uh never mind it wasn't a good example I'd try to find never forget what I said I'll try to find a better example uh every I don't see any good setups on this thing xpi now this one already marked it like I've told this this one very good setup this one too very good setup firstly five star setup right here right here Fiverr you had a great setup here all right already this was like a decent setup you had a great setup this is a five star setup and then you had the OK set up here HL um you had there was a decent setup on it last week right here ibio is a bit tricky like there was a good setup here like this stock actually broke out late day it gapped up and then it went sideways for most of the day you can see it on a 60 Minute shot this thing was didn't take it like it it the 258 was the highest of the day until late day when it broke out on high volumes 258 like this was a decent setup actually it was a better setup here this is a good it's good setup right here but there was a secondary setup here before it made this big move idex yeah there could be could have been a setup here before it made a big move I and no had some some good setups I know I did trade it on this day here when it took out the house or a day late day but it's a variation of a setup here was a really good setup but it didn't have any follow-through here was a really good setup look at this thing makes a big move pulls back find support on the 20-day builds higher lows and has this tight range and then it breaks out five star setup and then here he here was also a setup the first bounce of the 50 day build some tight candles and then it has a breakout candle from that range again you know you you need to find a stock that makes a big move then pulls back and or goes sideways for a while find support on either the 10 to 20 or the 50-day moving averages you know bounce and you know start sided building higher lows like here or has like an undercut and reclaim like here and then you know breaks out of a tight multi-day or multi-week range like it's the same setup at variation of that setup over and over again um here like here was a maybe setup I would have preferred maybe a bit more sideways had many you know I've traded this thing this thing has been my biggest one of my biggest winners this year here was a good setup here was a good setup like here was a good setup but it would have stopped you out the next day and that's exactly what happened to me um and here was an okay setup was it um but here this was a really good setup and I traded this one and then it was also really good setup right here but I'm thinking all of these like uh bottom bottom stocks are going all your gas names uh Cruise Lines Airlines like this is just like sector momentum and this thing like on a weekly chart it looks pretty good I mean building higher lows and has this tight tight range again this is not what I'm trying to teach you it's just a variation of the same thing but you should focus on the ones that bounce off the 10 20 50. tomorrow really nothing here Mark uh Mark had a really good setup right here really good setup mcrp oh [ __ ] what a big move it's wow this thing is up 600 today holy [ __ ] and my K uh okay here it had a pretty decent setup or not I don't know okay setup I guess here it was a bit sluggish but you know this is an okay setup matador [Music] no and it listed several good setups right here right here and right here these are really good setups nvac setup perfect setup right here and if you would have followed this cell rules you would have sold uh a third to half of your shares on one of these days here and you would still be in the stock okay you would be up or 260 percent on the rest of your position the other half for two thirds because it hasn't closed below the 10 days since and this is why I'd Advocate you know trailing some of your shares on on the 10 day because sometimes you can catch something like this and these things are really gonna add to the bottom line in your accounts you know you catch a few of these now and then oh man that these are the ones that are going to grow your accounts exponentially opk this one I almost traded I I didn't pull the trigger um it wasn't that clean I was set up it was a bit shopping but it was kind of you know surfing the 20 day then it started kind of Surfing the 50 they built higher lows for several months and then it started getting Tighter and this is a covid-19 stock so when you have a sector momentum like if it's a leading sector the setup doesn't have to be like really really good it's okay if it's like a three and a half four star setup it still counts like a five-star setup because if if everything is running in a sector you know there is increased probability of success so this was a pretty decent setup if you put it in context that it's uh you know the strongest star sector in the stock market for the past three four months here's another this is a five-star setup this is like a really perfect setup and now it's going sideways like it had a good setup here too couple of days ago it looks like you know so far it hasn't had much follow through but in a few days with a 20-day catch is up it's building higher lows how does a Range here this could be a setup you know later this week Overstock this thing had some really good setups along the way this is a really good setup and this is a really good setup and you would still be in it because it hasn't closed if you bought if you bought it here you would still be in it because it hasn't closed below the 10-day moving average since I'm telling you you catch someone you know you you know you catch some of these moves you know these things up 300 from this trigger right here 300 percent you catch these kinds of traits now and then these are the ones that are gonna grow your accounts pen had a really good setup here and unfortunately didn't have much follow through then it had a good setup here too but it you know it would have stopped you out and here it was kind of a decent setup like what it did you know made a big move when sideways bounced off the 50 days built higher lows of the 50 day and then it kind of gapped up and took out this big range here so it's not this obvious of a setup but there there is a setup here but it may not have been that clean of a setup and there and there it was like a secondary setup here but that would have stopped you out because you know this stay here it would have stopped you out uh plug really good setup right here like sometimes you know stocks Gap up over there like entry but you can still have a tight stop on it if you do it like opening range highs if you if you are you know ready to buy opening range size prty I don't see any good setups here pivac nah I don't really see any good setups here Redfin uh maybe yeah this one was yeah this here could be oh like okay setup not really that obvious but and then here too wasn't like you know maybe set up you know it it just you know built higher lows and then they had like four tight candles and took out this range but these are not like perfect setups or our crsc no it's not really it's a sluggish one run had a decent setup here I would have preferred a few more days of sideways personally but you know you've got the a clean bounce of the rising 20 day this is like a big momentum leader srne well this one I mean I traded it here I traded it here on this entry here I unfortunately didn't follow my cell rules and it wasn't the five-star setup it was more of a sluggish name it had been going sideways for a bit too long but here this is a five-star setup I'm still in it like quarter or fifth of my shares um it's a double now from entry like this is a perfect looking setup the higher lows keeps surfing the 20 day and then it starts getting really tight and has a breakout day yes we um like this was a decent setup and here was a good setup TRV and that's always been shopping yeah well this is actually a pretty decent setup if you were ready to buy the opening range size now there's no entry here but this is a pretty decent one momentum leader High ADR surfing that Rising 20 day and you know had this tight range and I was breaking out on high volume but the entry was uh like sub 180 subwo definitely sub 185 was 10 3. the average two range on this thing is 16 cents low so the day is 172. so your entry was no higher than let's see 188 no higher than one ADH should have been your entry because one of my rules is that the stop shouldn't be higher than the average true range and yes I put the ATR back on on my shorts because you know I kinda it's easier you know just look at the ATR versus the ADR if you wanna when you're gonna put your stops maybe entry on Friday vslr this is exactly at the Run they like I think Ron bought the SLR so they trade exactly the same vxrt it's potentially starting to build a setup here building higher lows it's starting to build a tight range it's not an obvious setup here but maybe in a few days it's a very high average Adrian stock 14.2 percent Workhorse uh I'm stalking this thing I'm stalking this thing it's still building higher lows and has a range here I I was on it on this thing on this day here twice I got stopped out twice I lost 200k on it then I added bought it re-bought it on this day here and now I kinda sold it for a small loss on on Friday um and today it's uh it's just fighting on the you know it's it's trying to put in another higher low potentially if it can build uh like close like in the high 16s that would be a really good sign for tomorrow but it could assist you know easily break down and go back to the 50 day too but if it you know can close strong that would be a good sign for tomorrow wtrh I really don't see any good setups in this thing maybe here you know maybe it kind of lost the momentum like it went sideways for a long time something and you know but it did break out of this long range on volume so it could have been a maybe setup and prts this one uh we looked at on stream the day it broke out someone mentioned it several days before this is like Seven Star setup on a five star scale this is like a big big move goes sideways builds a tight range and look at how tight it gets look at this thing it breaks out and boom this is like a seven star setup on a five star scale memorize this this is the basic principle we're trying to like stocks move move like stairs right you get a leg higher sideways leg higher sideways you get another step higher sideways step higher sideways so we are trying to identify this the areas when the next step higher could be formed you know tight areas we're looking for tight areas so we can get a tight stop so we can get a good risk reward this is how stocks move like not like this one is kind of a perfect one most are not perfect but this is the basic principle this is how stocks are moved in 100 years and there is no reason they should stop moving like this just because you know you're you're getting started and it's in one of the hottest sectors too Bitcoin ethereum all of these things are just starting to break out from multi-year bases this day so again a big big move it's a momentum leader right it finds support on this 20-day 50-day moving average it keeps surfing these moving averages and the last time it pulled back it found support on a 20-day built higher lows and then it broke higher in earnings and I bought it let's see what's my average 225 220 wait two high 225s here's my entry 225 aeds and then you use kind of usually I use the low of the day as my stop um but since this thing opened actually gapped down below previous days lows I used like if it went like red to green or green to Red that's my stop and right now my stop is 219 low 290s okay vir another one I'm in I bought it here hot sector this is a little bit of an other type of setup because it's not the up a lot uh lately like it's more in a bigger base right you have a big base here uh but this is where I bought it uh low so today I stopped and you know it's been grinding higher it's um surfing the 20-day moving average you can clearly see this yellow line surfing the 20 day if it closes below that I'm out right now it's holding it very well it tried to undercut a couple of times but closed above and looks like it's gearing for another move and it's actually right here it's a good setup like if this thing starts breaking out tomorrow you guys need to be on this thing this thing could go to 60 plus if it starts breaking this like mid 40 mid High 48 area low 49s tomorrow you got to be on it avlr another one bought recently uh Wednesday I think right here look at where it fonts support per bounce perfectly of the 50 day and here it also had a pretty decent setup that I have passed on uh when it you know found support on the 20 day every single time built higher lows and then it start broke out of this range with higher lows with higher volume that one was very good and you could have sold half after three to five days either on this day here or here and then you use the 10 day as your trailing stop and you would have gotten stopped the rest on this day here uh gbts is another type of trade so let's ignore that one see yes is another type of trade so I'm gonna ignore that one uh because I'm not just showing you one specific type of setups here d-dog I was already in the trade but this is a five-star setup I didn't buy it because I was already in it but another one had a big big move the big earnings winner but this is also something let's just ignore all fundamentals and all stuff that stuff all you need to focus on is you know I mean the strongest stocks you have a big big move it serves the 10 day this is a very strong stock it serves the 10 day it did undercut it but it reclaimed that started building higher lows and then you have tight range and starts breaking out on higher volume and again you get just use the 10-day moving average now it's gonna not gonna be perfect you're not gonna nail any tops or bottoms or stuff like that but you would have sold half somewhere here and then you would have sold the other half here on this day here the lake is also it lake is a similar also same type of trade like I bought it here unfortunately it closed back into the range in the range without stopping me out though higher lows hot sector it's a mask stock you have this range it's a momentum leader serves the 20 day keeps building higher lows getting Tighter and Tighter and right now you know it didn't break out yet but it looks like it wants to eventually Peloton this one still hurts looking at it I passed on this one but again a March Lowe's made a big move made a big movie doubled quickly of the March lows pulled back found support on a rising 20 day and then it got a bit tighter not it's a little bit more a subtle setup but uh you know uh it looks pretty decent built higher lows and then it broke out on higher volume this is a few days before earnings that's why I passed on it and you know now it's higher and I re-bought it wait where did I repo re-buy it I mean it right now uh 63.50 is my average which they did about yeah they stay here this is where I bought it this day I think it was last Monday you know it keeps finding support on a rising 20 they hear it found support here here here and uh then it you know it's some okay it's not really that kind of a good setup like I'm trying to show you but you know it's been working so far this is more of a like fundamental story it showed my bunch of relative strength and stuff like that uh but I'm not gonna go much into it right now I'm gonna try to keep this uh swing trading school session short so you don't get bombarded with a lot of information I'm gonna do this daily was another one this one I've talked about a lot the past few days this is a five star chart yeah big move the stink goes up 230 percent and this is also like there's a fundamentals uh included or not actually it's like a pump stock a very influential pumper on Twitter is on this thing and well let's just say he's it's working out pretty nicely uh you know you need to memorize these setups look at where it found support like the strongest ones find support on the 10 day the strong ones the 20 day and the well slower ones on the 50 day generally Tesla like here's there's a lot of good setups on this one okay like there was uh like a more subtle setup somewhere here like this was let's just imagine like when the stock was up here near the house of the day like this candle looked really good now it happened to close week but it never took out the lows of the day so you wouldn't have gotten a stop that unfortunately I passed on this one but look at what I would have what would have happened if you had used the close below the 10 day this is why I all want you to guys to use the close of the 10 day as a trailing stop for at least like a third or maybe even half of your uh position because look at this thing look at this move it did without closing it below the 10-day moving average here it actually gapped down but reclaimed and here it closed above it the next state capped down but immediately reclaimed and close about so you wouldn't have gone and stopped out this is why and you wouldn't have gotten stopped out until here this day here so you would you would have caught a 100 and well actually at the highest this thing was up 185 percent this is this is the logic behind uh you know trailing with a 10-day moving average these home runs you catch few of these you're gonna make a lot of money and this is great without swing trading versus day trading you don't have to sit there and Scout for stupid small moves sit around your entry constantly look for new trades looking for new action you can just sit in it just have patience obviously it's easier said than done but there is a logic behind all of these things because they work and here here's another setup I traded more subtle one but of the March lows made a big move started surfing the 10 day then the 10 20 they got really tight and then on this day here I bought it actually didn't break out of this range completely but I anticipated the breakout next day I think it was a Monday it gapped up I added more and opening range highs and then big move and I was long I I I did get shaken out when it closed below the 10 day here but I did re-buy on this day here so like if you remember I was slowing this whole move like here I was long here and then we added here and then it went up like another 27 in like overnight pretty much so you know you gotta memorize these setups it's a lot of money if you just you know there's there's you know if you master just this one setup you will never have to work a day in your life you gotta Be Your Own Boss and if you really get good you can make a lot of money there's no reason why you can't make many millions trading this just one setup TTD on Friday I bought it and all of those who were on the stream of Friday remember me buying this thing opening range highs five star setup big big move pulls back finds support on that 20 days starts building higher lows has this range break and so far it hasn't had a lot of follow-through but I think it can go to 500 plus Zoom today exact same setup big big move find support on a rising 20 then the rising 50 day like this thing keeps finding support and at 50 there like it did here here here and now here this is a break and there's no reason why this thing can go to 300 eventually apt this one I bought here like this was more of an anticipation like this is another type of setup but let's focus on this one this was a secondary entry where I added another five star setup you have a big move off the lows pulls back goes sideways gets tight finds support on a rising 20 day puts in narrow candles and then breaks out on high volume and it keeps keeps going still keeps going as sarany I bought it on Thursday actually I bought it here on this day too this one I messed up um I bought it here at a big move this is like a hold the sector it's a covid-19 stock find some fun support on the rising 20 day started breaking out and look at the move and unfortunately I got shaken out here at six bucks I didn't follow my own rules the closed below the 10 day I would have otherwise gotten stopped out here somewhere on this day here and then I re-bought now on Thursday on this day here and on Friday it made a huge move W another one I bought it here because this was showing this was one of the stocks with the biggest relative strengths um after in the like mid-july pull back like early meet July pullback we had in the markets this thing showed uh what's one of the stocks that showed the best strength you barely pulled back it was back at all-time highs in no time and this thing is up 900 from the lows like if you have a stock that's up 900 in a few months and the market weakness can't bring it down the stock is trying to tell you something it's yelling at you this stock was literally yelling in our faces hey I want to go higher if the Market's weakness stops I'm gonna go higher and that's exactly what happened we bought it on this day on stream opening range highs and now look at this thing I've been selling tiny pieces every single day and I think you know it goes where it has to go I'm using the 10 day as my uh trailing 10-day stop that's my closing uh stop as my uh um moving well trailing trailing stop man I don't even know what the hell I'm talking anymore I hate talking this is why I hate talking I don't even know what the hell I'm saying okay Billy another one this one I did buy here on this day here uh not this cleanness of a setup but it it was it showed like super strength just riding the 10-day had one narrow range candle and then it broke out here boom I did get stopped out I think it was on this day somewhere here I got stopped out and then I got back in on Friday look at this thing it pulled back found support on their Rising 50 they put in narrow candles built higher lows and boom breakout on high volume this one I bought after this stream ended like a couple of hours in this training session and now today Gap top I mean this is a good setup I think if you can go have an inside day today like he'd had a pretty white day on Friday if it can go sideways today build some higher lows then this thing would be a five-star setup for tomorrow this is a high tide flag big big move this is a momentum leader ADR is 15 that's extremely high not a lot of stocks have uh adrs that are that high usually when ADR is this High the stock has made a big move which this thing has like it's a bit too thin for me to trade I'm not gonna watch it today but tomorrow like if it starts breaking that low 28 mid low mid 28 range I'm gonna watch it today I'm gonna ignore it because it just not good enough for me it's just too thin for me I uh thin stocks if I'm gonna trade a theme stock it needs to be really really good setup uh wow mcrb had some phase three date up 350 pre-market trvn had some data a lot of Biotech related gappers mainly unfortunately I'm not in it anymore I bought it on earnings on this day here and then I use the 20-day moving average as my trailing stop I got stopped out I think on this day here when it was obvious it was gonna close below the 20 day and yeah what can I say it's up 30 since and it reported great earnings I'm interested incredible learnings this is like the Amazon of South America without the cloud thingy but they have payments they have e-commerce like this is the dominant e-commerce payments platform in South America um are just incredible earnings but it's you know it's not a good setup here it's very extended it needs to go pull back goes sideways for you know at least a few weeks at least at least but it is a large cap momentum leader but again it's not a good setup here the earnings are great and I'm gonna watch it very closely over the coming weeks and months carry good setup uh AK was a decent setup here like three days ago or whatever uh or you know it did close week but it was a pretty decent setup here it made a big move it went sideways started surfing this moving averages you can see it started building higher lows it was a decent setup here um and now we just keep you know it's had some follow through vir yeah vir looks great unblock this thing but I I just don't see a great setup here right now there was a setup here this was a potential setup uh but right now there's no setup here dgfi absolutely not why you're even looking at this thing ADR 1.7 you're never gonna make any money trading stocks like this it's a [ __ ] setup it's a [ __ ] stock focus on the high ADR stocks Kirk too thin there's no setup here I mean it's not too thin if you have a tiny account this is not a theme stock it's a i ADR it's a momentum leader so it fits those criteria but but where's the setup like it had a setup here there was a okay setup like on this day here then it had a potential setup down here but now it's just in limbo you know if they need to like the setups you need to buy them when they're bouncing or surfing the 10 20 or 50 day moving averages right now look at this thing it's not near any of these moving averages hornet Arnett yeah it needs to set up maybe in a couple of days needs to build a range here take ttlo um yeah it looks decent this one looks decent like it made a big move right it keeps surfing the 20 day and it's been going sideways for about a month two months or so building higher low surfing the 20 day uh this is a good setup if it starts breaking and it's the hottest sector it's a covid-19 sector High ADR 9.3 percent this could could be a good one this is a stock that could be very easy to go up 50 percent you know if it's 50 100 if it starts breaking out the volume uh this is something you need to watch absolutely um like if it starts breaking the the high 170 area low 180 area on like a big volume uh you will on a short School swing trading School uh so yesterday we went through my current positions and the good setups that have been on those stocks in the past four or five months so I'm gonna just open up a simple scan let's just do past the biggest six month gainers okay very simple scan so I use volume dollars 80 million dollars here it says what eight hundred thousand but it's in it's a it meets 80 million you have to add two or three zeros so this is 80 million dollar volume okay average daily range this is the code I'm just putting it here for now but also I'm gonna put it on my blog or in my about page all right uh anyway and price growth six months the past 126 days it needs to be in the top seven percent of performers after applying to after applying these two like volume and the volatility criteria then we do a scan like like now it's near the open so there's not a lot of stocks in this scan like after it closes it's gonna be like 40 50 stocks in this scam let's just start with carvana so I'm gonna show you good setups I can see five two five star setups right right right now one is here okay you have a big big move okay look at how he keeps surfing the 20 day and then it just keeps getting tighter look at how tight it gets as it serves the 20 day and then it has a high volume breakout okay on this stay here like this thing needs to be on your watch list once it gets starts getting tight okay you need to be able to identify the setup here this is where you need to be able to identify the setup and when the next day when a Market opens you gotta be ready as soon it starts breaking out that's when you buy it okay and another good setup this is not a five star this is maybe three and a half star is this one here right here another good setup keep surfing the 20-day builds higher lows and puts in a tight range I'm actually gonna switch to this view here because there's less noise you don't need to see it you don't need to put any notes on here you don't need to do anything you just need to watch the price uh what scam did we use it was a six-month Gainer scan yeah okay next one square oh now it's fading the Gap today okay so Square Hall did it have any good setups um lately let's go back here it had some really good setups like back in 2017. this thing you know keeps writing the 50-day okay and here you know it builds a base starts breaking out makes a move and search the 10 day and then you get two really tight candles with higher lows and it breaks out that's a good setup here another really good setup this is just an insanely good setup like you need to go back and you you need to take screenshots of these things you need to build a database thousands of stocks like if you don't study at least you know spend at least like 500 000 hours studying this one single setup it's just super simple it's not easy but it's simple but you still need to study you need to speak these hundreds hundreds of hours thousands of hours over the next few years that's how you master it that's how you will make millions tens of Millions with this one setup you can make tens of Millions like um like this could be like it's kinda breaking out of a little bit of a range of the 50-day you know building higher lows it's a little bit more of a subtle setup like there's obviously variations of this setup there's you gotta figure it out you know if you spend a thousand hours starting these setups you're gonna figure out these variations um like Square had the square had a bunch of this is another good setup bounce off the undercut and bounce off the 20 day gaps up the next day this looks very similar to SC now this thing didn't this one didn't have that much follow through uh but like this that setup that last one looks very similar to scdg yesterday a couple of days ago you had this wheat candle that reclaims the next day you have Gap up that's another one sometimes you know if you have a good looking setup and it gaps up on earnings or news even if it gaps up 5 10 15 it could work out okay next uh stock Etsy several really good ones this is a five-star setup take a screenshot of this thing memorize this pattern you don't need to do anything other you don't need to know the earnings you don't need to know that what the sector this thing is in we really don't that's a five-star setup and then you had another a really good setup like here uh or well actually it was a better setup here higher lows you have a range it's serving the 20 day and now look at it another one Fiverr I can immediately find a five-star setup right here I didn't trade it was too thin but I did recognize this setup I even put look at this Arrow I put this thing in my back watch list just to track it and look at this thing straight up and if you know you would have sold you would have bought it here you'd have a sold half or a third on any of like on this day here on any of these two days three days after three to five days you sell a third or half and then you use the 10-day moving average as a trailing stop and the way you know it here it kind of undercut the 10-day but it reclaimed it closed above and then you can move your stop here okay and once it uh goes below this area that's when you get stopped out so you know using that cell route those cell rules you would still be in the stock but this is something you will figure out once you look at thousands of stocks thousands of leading stocks big movers like this how they act around these moving averages and how how do you develop cell rules vastly another one this one I talked about yesterday so I'll ignore this one mRNA I'll just show you a five-star setup right out of the gate here it is I bought it this thing here unfortunately I didn't follow my own cell rules so I sold it on this day here and then look at what happened I I just thought you know I don't know why I sold it I just sold it I didn't trust it and then look at what it did here another five stars and there there was actually a good setup here too this was an even better setup you have this look at how tight it got and then you have this big range and here another five star setup boom look at this here is another good setup actually here is when I bought it it undercuts the 50-day reclaim starts building higher lows you have this big big range you have this breakout candle on higher volume and look at what happened made a big move and now it's flagging again this is also good setup it's building higher lows has a tight range like maybe tomorrow if this thing can close stronger than it is right now could be a good setup tomorrow what's bmtx doing and now B and TX looks really weak it undercut the 20 day but this thing if this thing closes strong like exclusive inside of this range it could still be a setup for tomorrow let's look at another one w this thing had some good setups too uh somewhere a bit subtle now this wasn't really a good setup even though it really worked sometimes you have this you know some setups such as you know too short but they work anyways uh here is a good setup this is a five-star setup it was stock that fights supporter in a 20 day starts building higher lows puts in a tight range and then it has a breakout candle that's a five-star setup here's another uh maybe not the Super setup maybe a three and a half star setup now in hindsight it worked but and this is one I bought last week this is this is when someone's told me hey I see your long w you should quit Trading oh kind of funny anyway I bought it here this one I also talked about yesterday on on the swing trading school so you already know about this one uh handbags I talked about yesterday livongo I think no leave one guy didn't talk about this one I've been trading several times this year I initially bought it on this day here when it guided higher but that's another setup maybe I'll start teaching that setup next year or something but let's just focus on this one simple breakout setup I'm trying to tell you to teach you this is like uh nah it's not really a obvious setup it did work but not a great setup this is a great setup I traded it unfortunately it stopped me out okay no follow through stop me out then it found another it bounced off the 20 day here it bounced off the 20 day here now let's see what happened look at this look at this and this this is a five-star setup I traded it look at this thing builds higher lows has this tight range and then it starts breaking higher that one I traded I bought it back had a huge move and then you get another five star setup right here it did close a bit weak but I did buy it right when it started breaking out it serves the 10 day higher lows tight range and breaks out look at this thing and I sold it somewhere here in the like uh low hundreds area because I thought it was getting extended I didn't think it was going to go up much more well I was wrong here we are it went to 150. yesterday another one Mara Mara and it's a little bit another type of trade I'll I'll ignore it vxrt this is a good setup okay this is something you need to identify the day before and then the next day it gaps up on some news okay you need to be on it you need to buy the opening range highs you can see you know this thing had huge volume out of the gate I bought this thing I had a big trade on it opening range size you buy it lows of the days you stop and then you just you know sell it into strength some at that three to five days and the first close below the 10 day which would be on this day here you get stopped out of the rest vx30 has kind of a maybe set up today it doesn't really ah no it doesn't look that great never mind srne this thing has two really good this one I bought I messed up the cell like I'm usually very good with entries but my I just many times I just don't follow my own cell rules and it kind of annoys me it kind of pisses me off sometimes unfortunately I sold it on this day here six bucks I don't know why and then look at what it did but good thing is I re-bought it here this was I think it's Monday 8 29 I bought 150 000 shares if I remember correctly or 200 000 shares I don't remember but yeah and I'm still loan 40 000 shares uh Tesla this thing is setting up it's setting up same thing higher lows this one I talked about yesterday's I'm not going to talk about it today um twilio another one uh you have a big move get the shops around for a bit go sideways in a shop B range find support on the rising 20 day starts building a range tight range puts in a narrow candle and then it has a breakout on higher volume now obviously you can't most of the time you can't kind of determine like early in the day that it's gonna have higher volume so you just you know especially you're trading like liquid like mid and large cap stocks like they always have volume you don't need to worry about it and look at what it did and here another good setup really good setup look at this higher lows tight range bounces off the 20 day again builds higher lows and then it's a breakout candle boom Overstock this one I also talked about that if I remember correctly but this one had a good setup here not a five star but maybe a three and a half Four Star this is a five-star setup okay and this is also like a five-star setup okay it's like my daily back watch list I track all every every notable breakout breakdown I track them for a month like I let's see I it's 5th of August now uh my oldest back watch list is six to July we'll just go through it and look at this what triggered that day uh actually yeah I've already put the outlet I am I I yeah I'm gonna put it yeah that's a good one buddhir um I've already done that one I just haven't put it on the about page uh you can see it right here on the daily chart I used the simple moving averages on the 60 Minute chart I use exponential moving averages why because they work I did just work like it doesn't really even matter what type of what moving averages you use like I use these ones because I found they work really well on momentum stocks but you know you may find that some other moving average works better and that's fine like but you there's there needs to be a reason for it okay 6th of July had this C bet at a random pop umrx at a random pop heavy iro had a random pop tiger yeah the China brokerage stocks broke out that day I remember that Mark had a random pop oh this is the day I lost a bunch of money on it I bought the breakout I didn't realize they had earnings after hours and I had to sell on a cap down vapable had a random pop Jin yeah okay China name so all had the random Pops that day mktx it's a slow very slow name but it kind of broke out of a nice pattern but had no follow through immu gapped up on some news oh immu I can show you two really good setups on this one three really good setups here this stay here you know this had a big move on high volume on some biotech news gonna went higher pulled back the 10-day caught up and then it broke out on high volume it wasn't a very obvious setup actually you know the day before it looked like this it wasn't a very obvious setup but you know this was a better setup no wait where's the better setup here is a better setup where actually it's kind of extended but there was a setup here too it didn't have much follow through actually we would have lost money on it but this is a very good setup I had a big big movie what tripled or something quadrupled pulled back went sideways found support on the 50th actually before the 50 day had a nice nice like a range spray candle this is a very good setup and this is another pretty decent setup like it wasn't really tight going into it but sometimes you know the previous day can be loose if you have a nice range in the same here you kind of have to look at the overall picture but you know if you study thousands of examples you're gonna figure these things out fslr we talked about earlier net net they had a good setup yesterday it's a very thin stuff but this thing had a very good setup yesterday this is a five-star setup and today it gapped up a bunch and now it's actually took out yesterday's lows I don't know they had some news and they didn't like the news I guess uh okay Koopa Koopa five-star setup right here boom boom boom higher low look at how it just keeps surfing the 20-day higher lows and then you have a little bit of a range it was a bit choppy uh but eventually it got Tighter and Tighter and broke out boom uh what's this this oh this thing got a big breakdown that the DXM this one I'm stalking it's a little bit like it's getting super tight you can just clearly like look at this range like this thing wants to go higher you can you can clearly see this is an earnings winner big big earnings they reported last week big guidance like this thing has fuel it's not something you guys have to focus on uh but I I like to trade the stocks with big earnings they tend to make the biggest moves but the only thing you really need to focus on is the momentum that's really only because all of the big uh earnings winners they're gonna have a momentum you're gonna catch them if you just focus on momentum so you don't really need to focus on everything else anything else I just I I I'll even switch this tab so you don't see anything other than just the setup looks like Twitter is taking out eyes of the day I like Twitter like it's a bit slow but like I'm risking what 75 80 cents to potentially make I mean this thing gets going Why Can't This thing go to 45.50 you know good risky word like on swing trading you always want to get like you're aiming to get like 5 10 20 times 30 times your initial risk like the best trades you'll make 20 30 50 times your initial risk you know you can make a lot of money even if you only have like 20 30 win rate you can make a shitload of money like my win rate last year I think it was 20 uh 20 was it 22 25 something like that and this year I this year it's a bit better maybe I don't know but maybe closes to 30 but but you you can have a win rate well below 50 and you can make a [ __ ] ton of money and you know another thing you know there's a lot of these State Traders out there selling their subscription services that you know they claim they have like this 70 80 90 win rate so maybe they have but if you need a 70 80 90 win rate to make money I'm sorry but your setups suck your methods suck you have a very little Edge if you need that high of a win rate to make money uh what was your best month how much uh my best month was probably like I don't know uh May or June or something yeah no wait um uh yeah I think June this year was my best month I made 5 million I made five million bucks in tune because the market was so good like look at the NASDAQ during June this is June mom look at this thing it's pretty much straight up a little bit pullbacks but you know still uh numbers yeah okay I'll show you what those mean let's look at livongo so what it means I'm gonna show you these are from Market Smith these numbers these are earnings and Revenue okay so the left column is the uh earnings like EPS growth and the right one is revenue growth this is what a growth stock looks like these these kind of stocks you want to make belong the ones that have triple digit earnings and revenue growth this is the reason livongo went from like 20 bucks to 150 in like four months five months this is fuel this is called fuel rocket fuel is another word for it and that's pretty much what I put like I need to I like to keep track of the story uh like their numbers like I can quickly if I scroll through like on a square too I can just quickly see the numbers okay that gives me a bit more conviction versus just some random stock that doesn't have any earnings Etc like Twitter like this one really has shitty earnings and revenue growth but again I think this thing could go like as a good looking short very clean perfect 20 it's surfing the 20 EMA perfectly and you know I talked about it before like this is like the most powerful social media platform in the world and if they finally can monetize it when they finalize their uh sauce sauce model you know this thing could go to 100 billion plus like AMD yeah this one yeah this is the one that got away you know you're not gonna catch everything like in a bull market there's gonna be hundreds of stocks that break out that make big moves you don't need to be in everything and also you don't need to be like Ultra concentrated like there's you know some people you know successful traders that think that you know you need to be really concentrated you need to be put like 50 percent of your account in a single stock no you don't need to absolutely not you're gonna make your money in a bull in bull runs and every Bull Run there's hundreds of stocks that make big moves you don't need to put 50 to your account in one stock that's just stupid you know I would say generally say don't put more than 25 to your account in any given stock there's just no need to like let's say you go along Tesla you put 50 to your account in this thing okay and the next day you know this thing breaks out you put 50 to your money in this thing or even worse you put a hundred percent of your money in this thing and then the next day overnight Elon Musk gets a heart attack and dies this thing is gonna be down 70 percent okay it's gonna beep down 70 percent let's see like Etsy is a good short setup like I think if it gaps up on earnings uh it could be uh like a sell the new scenario because it's really extended from the base like you know it's up what one two three four five six days in a row this is gonna be uh like a five star short setup I just hope it gaps up on earnings that would be an ideal scenario and I'm gonna be on it um as long as it already if it opens break even just like Fiverr today not not Fiverr sorry uh livongo like this one also this one gapped up a little bit it was up way up uh it was up way more in pre-market it actually hit like 160 almost 168 in pre-market but anyways you know first you know right out of the gate it put in a red one minute candle and you know I kind of shorted it right there low 145s I shorted 10 000 shares now in hindsight I should have done two three times this size but whatever a really good setup like a five-star setup and Fiverr looks similar also for tomorrow if it can close strong today like we're in a runaway bull market like extremely good moment remember I traded opening range tries I think the reported earnings or something it doesn't really matter like it it found support on a rising 20-day first first bounce of the rising 20 took out this range at 25 on big big volume that's a good setup here's a good setup surfing the 10-day building higher lows getting Tighter and Tighter and then breaks out again on high volume this is like now it's a bit tricky that's not really a great setup but here I'm gonna show this one too first bounce of the 50 day and has a range break here bounces the 50-day breaks this range on big volume that's a good setup and then you obviously had good setups here but I I talked about these setups previously on short School uh swing trading School Overstock I'm sure 25 000 shares um for those who follow my loan uh shortly short setup uh but yeah I promise not to talk about the shorts so I don't know how to do it like should I talk about it or not just not to confuse people like guys just a simple rule if you if you haven't made your first million yet don't short you ignore any everything I say about shorting just ignore just ignore it I'm not talking to you when I mentioned shorting I only talk about to the guys who have made at least a million okay cwh this thing let's go back and look it never really had a big it was never earnings or like momentum leader but it's been a momentum leader recently this year since the corona crisis like this is a decent setup not a five-star setup but a pretty decent setup like this one right here you can just see how clean like you know you need clean setup something just keeps served it's not all over the place like it just keeps surfing the 10 day and then the 20 day catches up look at this this is higher lows and then you have a range here and breaks that range it wasn't like a super obvious setup but this was definitely a like a tradable setup Square we can go back and look back uh wait didn't I talk about this one yesterday or the day before I don't think I did no I did yeah this one I went through I think yesterday so I'm not gonna talk about that one this one I talked about before scdg this one actually can't see any like I've been stalking this thing forever um this really oh yeah back here I no never mind yeah here I traded it couple of times uh back in 2017 like this was a good setup uh this was an earnings winner uh like look at it's a in a big big uptrend he keeps surfing that 20 day then it kind of starts breaks down a little bit and finds support on the 50 day bounces off the 50-day twice builds higher lows and then it has this tight range this is a very good setup I know I traded it Roku this one I traded back in 2819 I remember I'm gonna show you guys this one I actually traded on stream no wait which one did I okay no never mind this is a very good setup okay big uptrend and if you know bounces clean bounce of the 50-day you can see it builds higher lows and then breaks this range five star setup beautiful beautiful setup I I traded this one and then there was another one I traded on the stream but I didn't follow my own cell rules this one here not as obvious I think it bounced off the 100 day or something and you know what you know this one you don't need to pay attention to this just paid attention to the ones that bounce off the 10 or like surf the 10 20 and 50 day you don't need to pay like yeah you know that one never mind forget I said that um carvana I talked about the previous few days emph emph I don't think I talked about uh let's see good setups like this is a good setup really good setup just keep surfing the 10 and 20 day and then it breaks this range a big volume like this is how it looked like the day before it's not a super obvious one but it's there it's not like a five star but you know like three and a half Four Star like some setups are really really obvious like Tesla like this one you know it's gonna be juicy once it breaks like it's just so tight long consolidation but some some consolidations are not that long AMD this one had many many setups over the years oh man if I just could if I like I was a really shitty swing Trader back in 2017 2016. I was not very good at identifying these setups but this is a five-star setup this is a five-star setup but it it would have stopped you out because on this day here it took out the lows of this day right so you would have gotten stopped out but this setup here was five star uh like I can't go back more than this we can do it like this like you know take you know you need to take screenshots of these things you need to go back and study these things for yourselves this was also a really good setup not a five star because the previous day Scandal was kind of loose but it had this big range break and it had been building higher lows um this thing had AMD has had so many good setups over the years some I missed some I traded this is also a really good setup search the 10-day undercuts it builds higher lows for three days two days and then breaks out really good setup beautiful setup uh this was a good setup you get the bounce of the 50 day it kind of breaks down pulls back finds support on a 50-day builds higher lows guys you see this many times these things build higher lows here it filled higher lows here here like before their breakouts they most of the time build higher lows very important concept okay it did kind of have a pretty decent setup here right here built higher low surfed of the 20 day but this one didn't have any follow-through like you know just because it's a good setup doesn't mean it's gonna work and here um you know what I would have probably traded this setup I don't remember if I trade it but again this one would have stopped me out too and look with this method you can have a 30 win rate and you can you can double triple quadruple your money in a year if the market is good you don't need a 80 win rate or even a 50 win rate get used to losing get used to stop getting stopped out the best Traders are the ones that can date the best losses okay this is one I did trade like you know look at this thing it served pounds of the 20 they started building higher lows get it got tight this one I did trade well no never mind I didn't trade that one I traded this one and this is one of my oh what happened on this day like like this is a five-star setup it's a really good setup you have this range with higher lows oh wait what happened now like I bought that this one reported earnings this day I bought an enormous size I had like 50 to my account in this thing when I took out the opening range lows but it stopped me out It reversed after I bought it it shook me out I took a decent loss on it and then it reversed again took out the highs of the day remember I had 50 on my account on this in this thing like with the perfect entry but it shook me out and look at what it did this is no joke I never got back in I didn't get back in look at what it did guys feel the pain I hope you're feeling the pain together with me because when I see this I'm feeling the pain okay if I had taken this trade you know well what can I say what can I say it it only went up 96 95 percent over the next couple of months guys this stop is always lows of the entry day and after three to five days you sell a third to half of your position and move to stop the break even and then you use the trailing 10 day the first close below the 10-day moving average is when you get out and this thing if you if you use that you would have sold a third to half on either one of these three days either here no sorry one of these three days you would have sold a third to half just to lock in some profits move your stop to break even and you would have sold the other two thirds to have until they stay here okay this is where it would have gotten out these moving averages work the 10 days is an incredi incredibly good moving average for for the biggest momentum stock it just works so well it's not perfect but it works really well it's almost like sheeting this thing I traded on the stream this is a [ __ ] this is like this is a six star setup on a five star scale you know you gotta [ __ ] memorize this this is a six star setup on a five-star scale you don't get these men this many of these look at how tight it is pounds is perfectly of the 20 take it's really tight this one I traded on the stream unfortunately I wasn't really good at following my exit rules and look at the movement mate or no I did follow my exit rules really well I think I sold it I think I sold it somewhere here on the first yeah I did follow my exit rules I think I sold it on this day when it closed below the 10 day the first Globe closed below the 10 day and now you probably understand why I'm so excited for Tesla like I'm literally dreaming about Tesla it's gonna be an enormous trade it looks exactly like it but it could also be a big breakdown right and then in that case I'm gonna short it but you know this thing breaks out it's gonna go to 2000. I've got a big but a big big position you gotta memorize these things and for example like is this a good setup right it's not because it's not surfing any of the moving averages right there's no clean Trend it's been going sideways for months and months okay is this a good setup well this one actually was a good setup you know what this was a good setup it undercut and bounced off the 20 day built higher lows took out this tight range this was a good setup but it didn't follow through it it would have stopped you out was this a good setup uh like I actually traded this one uh because I I anticipated this big you know it's you know it's not really like what I'm trying to teach you um like you want to be in the stocks that have the higher you know that the 10 and 20 day and 50-day moving averages are in a high angle like they go like straight up like they go up in like 45 degree angle those are the kind of uh stocks you want to be in like where like where the 10 and 20 day moving average has seen are in this type of angle right you can just you know or or maybe even more like you know something like this I don't know it's this 45 degrees okay guys can you confirm is this like 45 degrees or am I missing out this is like 90 degrees wait ah why can't I do a line what why can't they do a line what the hell is going on I can draw a line what the hell wait wait so you have a straight line is this a straight line almost so this is like a 45 degrees right 43.25 50. stop trolling me God damn it this is 45 degrees plus minus a few degrees you want you know stocks that go up in 45 degree angles 45 degrees or even more you know what damn I wish I did like I could have a permanent 45 degree line on all of my shirts oh a Shopify I think I talked about it this thing had some decent setups over the years uh actually it's kind of now it's a bit tricky it only it like it has some good setups past few months but it's been kind of tricky this is like apps I want to talk about okay let's do another 45 degree angle this is like 45 degrees right again this is uh like this one actually went up higher than 45 degrees but it needs to be at least like 45 degrees right this is a five-star setup memorize this okay take a screenshot I mean you know you need to learn this okay you need to be on these things w let's do another 45 degree angle this is 45 degrees I'm a natural this is 45 degrees like it wasn't that so obvious but this thing you know the market had a multi-day pullback and when I say say the market I mean the NASDAQ this thing just undercut the rising 20 and just couldn't go lower it was back at all-time highs immediately this one I bought I'm still in it I still have 40 800 shares I think I bought 9 000 shares or something 8 000 I don't remember right that's a really good setup and if you didn't buy it here this is acceptable setup too and look at it now Tesla let's do another 45 degree angle where is it here like this one is moving up way faster than 45 degrees way faster so that's a good thing you need to you need you want at least 45 degrees but faster the faster the better this one I really don't see any good setups Maybe like this nah oh this was maybe it kind of decent setup this is just right after March lows this thing was back at all-time highs really quickly so this would have been an acceptable setup in the context of the overall Market this is like literally a couple of weeks after March lows and this it was just you know it barely it didn't really go down much during the corona or we did go down 30 but it was just reclaimed the 50-day like in just a couple of days uh so it was a decent setup in the context of the market but you know let's just ignore it it may be too much information for you most of you uh srne well this one I talked about yesterday I think or the day before had good two really good setups here and here I traded both of them Kodak uh codec looks like it's gonna step me out but codec 2 it's kind of bouncing off the 10 day and building higher lows you can just clearly see in the daily short it's building higher lows every every single day it's been building higher lows uh but it's not really the type of setup I'm trying to teach you this is more of you know different variation like there are variations of these uh of these setups um Ino this one I've been trading several times good setups this was a good setup didn't have any follow-through um this was another good setup I think I traded it if I remember coaching this is like a five-star setup surf the 20-day built higher lows again the higher lows you buy the opening range highs where you know you try you cannot you want to buy them as fast as possible like after they trigger once they start taking out the ranges but sometimes you gotta unsure so you know it's it's you can you can buy them any type of any time of the day as long as they are not up as long as their stop is not further and Away than the average true range okay so let's say you you this is real time you see it right now like the low solid days what 1105 and the stock is at 1205 right so you would have to use a dollar stop and the average two range back then since this you know share price was lower it was you know let's just say it was a buck 50. right so that would have been fine but if the stock would have been at 1270 you you stop would have to be uh a box 70 and then it wouldn't have been fine then you would have to you know either buy a dip if it dipped a little bit or if it you know just let it go it's fine to let stocks go there's so many opportunities you you can't trade them all this was a little bit more of a subtle setup but they bounced off the 50 day took out this little range that had this strong candle merely this one is has always been a bit choppy kind of hard to trade not really like clean this is one I've followed for years I traded a couple of times but it almost never puts in good setups this is a good setup though right here right here on this state that's a good setup and I I think I traded it I don't remember now this is a good setup it's got a little bit slower stock you can clearly see it on the shirt like the daily candles are like kind of you know it's just a slower type but this was a good setup um TTT we've been talking about pen you know this one doesn't have any plug uh had a good setup can we go back to 2014 no we can't so we can't go back to 2013. um that's why I I find tc2000 a bit annoying they should like get the [ __ ] together you should be able to go go back and however long you want it's just stupid you can you can only go back like five years it's kind of like it's just stupid this was a good setup it did Gap up but then you know when you have a like a powerful short you know a gap up is okay as long as you get it on the opening range highs let's say opening range highs the one minute or five minutes or whatever you can add on all of them like if you missed the one minute opening range size maybe you can add on a five minute but the lows of the stage should be your low so the day should be your stop and the stop shouldn't be higher than the average true range but this was a pretty decent setup right here and you know kinda this thing kinda had us set up a couple of days ago it kind of bounced off the 50 day putting a strong candle and then it you know started going the next day you know it's a trickier setup but it's a variation I passed on it I did see it but I just passed on it and nvx we've talked about several times a really perfect breakout right here five it's a six star setup on a five star scale all right anywho so we went through even more setups uh today and tomorrow I'm gonna do one another scan and you know we'll go through even more setups but the key is you know you need to put in your own work like you need to put in every day you need to put in work identify you know you need to go and then you know scan for big winners and then you just look for setups okay you see the same patterns they they occur over and over again Billy this thing had a five stars or yeah five star setup here when I bought it five star setup bounced off the 50-day build higher lows took out this range Boom the 5 Star setup right there hence why I bought it how do I manage stops closer a day for this method I'm trying to teach you movie or stop the brake key even after the first three to five days what about KSU it needs to be clean on the 10 and 20 and 50. I mean it is kinda but it's it's not really there it's just not like it wouldn't get on your scans probably like down here when it broke out on the like these days and this day it wouldn't have gotten on your scans it's not a momentum leader you know it's kind of pull back eventually this thing is up three thousand two hundred percent from the March lows like there's gonna be a big pullback um right now I just don't see it just keeps building higher lows on the 60 Minutes short look at how it's riding the 10 and 20 EMAs you know as long as these things are acting as support there is no short there like it either needs to get below the 10 and 20 EMAs and you know these things need to start act as um resistance or if it goes like really parabolic it goes to like 110 120 plus unless any of those scenarios happen I don't see um a short in there silver trade is getting uh oh I need to I need to get some exposure I miss the heq trade it's getting really tight like chainog is another ET look at this thing um you know pretty much the same setup I'm showing you this is a triple Gold Miner ETF uh but this is the same principle you have a big move it gets to go sideways find support uh I'm not gonna buy it I just uh I just don't have much buying power left I'm just super heavily long on a bunch of stuff oh dphc took out high so today I need to sell a little bit more and look at that a lot of these stocks absorb the morning weakness made hot big built higher lows on the 60 Minute chart and oh that's not long anymore like for those of you are new like this list here in the lower right corner these are my positions so if you don't see the stock in this list I'm not in it then you don't need to ask me about it if I'm in it like ttd2 look at this found support on the rising oh actually that was yesterday the late day no it was today where where is it yeah today had a week open like went red bounced on the rising 10 day and reclaimed and now it's at new highs like a lot of them Mara too look at this thing this was down in the two low 290s when I said it looked like it found support and a rising 20 EMA and look at it now it's about to go green you know when you're swing to it you can't just freak out anytime a stock is having a downtick the whole point of Swing trading is giving the stocks room to move okay you know like in day trading you're always like near your entry right you're always fighting there you're entering swing trading you just gotta let things you know work out and sometimes you cannot get big swings uh you know without the stocks stopping you out and it sucks it's it looks scary like you look at your p and l oh there goes my p l but it's all about having a specific process okay I got stopped out of the code I could add whatever took a like what 50 Cent loss on it or so yeah I took a fourteen thousand dollar loss on that ad uh I guess it was a little bit of boredom Trading a lot of these Silver And Cold stocks look really good um like this pause looks pretty decent I wouldn't like if you like there is I think there will be a trade in a silver and gold like I think there's a trade there today but I would I would recommend you guys to one of the ETFs like heq like execute entries don't do this one the entry it's gone like the entry was in the low like 51 area no higher than 51.50 now it's like almost 54. but this chain nug and nugget they still like I don't know no never mind they don't look that good yeah or I don't know no I don't do it don't do it my point is it's better to do one of these triple ETF versus the individual stocks but a lot of them look pretty decent like GFI had a big big linear move look at how nicely just surfing the 10-day moving average and now it found support here like if a little bit more sideways let the 20-day catch up and you know the secondary breakout is gonna be great