 What's up, everyone? My name is Alex. I'm one of the co-founders of MyInvestingClub.com and I want to let you guys know about something special we're doing for our viewers on YouTube. So the most common question we get asked is, you know, how do I start day trading? So what me and my mentor about it is we create a free two-hour mentorship course for the brand new trader. It's going to be available at MyInvestingClub.co. The link is going to be right here. This is a free webinar that reveals our 12 secrets that every single brand new day trader should know before they start. I also want to let you guys know about something that's very unique to MIC. So if you have any questions about trading or you're curious about trading or you don't know if MIC is the right fit for you, now you can text our head mentor, Tosh, whose number is going to be right here and he'll answer all the questions that you have in less than 24 hours. Thank you and enjoy the video. Good morning, guys. It's Tom Diesel here. I hope you guys had a great weekend and today we're going to go over to one of the topics that one of the members mentioned in the after hours. So I thought I could go over it quickly so that you guys have an idea on how to trade them and if they can come around so that you know what to do. So the topics today is how to trade kind of momentum stocks, day one hot check with abnormal volume and how can we you know trade them and take advantage of them. And you know again, before I even start, I just want to kind of warn you guys something that this is not the optimal setup on how to grow account. And also this is not really the setup that I like, but you know sometimes I saw them and I tried to you know take some scalp out of it you know just really small shares. And because it's you know it is very dangerous to trade something like that you know especially when you're new and because you know a lot of liquidity, a lot of you know people interest in that stock each day and for the last week as you can see there's so much you know there's so much volume coming into the market you know with the old Robinhood kind of stuff. And you've seen a lot of tickers that went you know up like 100 or 200% like nothing right. And also you know the amount of volume I'm seeing for the last week is just you know insane and you know I have never experienced something like that before even you know the corona thing it was hard but volume wise it's really you know nothing to compare to this so let's get on to it. I mean I'm gonna pull out the chart. XP was like crazy as well but I think the most recent one was like genius. Yeah something like this I'm sorry for all the wicks you know TOS kind of screwed up you know lately for the last few days I don't know why something wrong with the platform and they couldn't they couldn't you know clear out the noise here with the late print and it is just really frustrating and so I had to use you know trade zero chart next to this one but yeah it is really annoying so on something like genius and we we talk about this in the main chat as well Alex me you know Bao and almost everyone try to warn you guys that you you really want to anticipate the front side you know especially when shorting right you really don't want to be shorting into something like this look at the volume you know the first day when second day the third day is just huge and and you got like the move something like this went to like 11 and then to 4 so how can you trade that usually it is really hard to trade those and especially at the open so what I usually is do is I try to avoid them at the open and I try to kind of look for them kind of in the afternoon and when the actions kind of you know slow down a little bit and there's no not much volume right you know throughout the day and when the volume dries down and and I just wanted you know take advantage of the move you know some some of this just and you know scalp that's all yeah this is the day where it had the most action the second day here so let's have a look at this so in the pre-market no maybe you can see here the trend is really intact right deep below view app reclaim and then you know the holding of your app and made a new high after that thing around like you know zombie time and again deep below here trap some people here reclaim and then base on you know overview app again and it's just kept grinding grinding higher high right so in the next day you know it ran in after hours as well next day try to break this and once this broke the pre-market I mean you can easily tell that momentum is really strong on this one right it broke the previous high or like the pre-market high after hours high yesterday and after that it just went straight to the moon so the best way on how I would trade them it has to be alongside right when you see something like this you know it made a new high in after hours and then kind of not gapping up in the morning but it's like it's it's holding right you try to break this high and once this break you can see here once this break this is the this is the confirmation for long right so you want to be longing into those dips you know into this kind of pre-market high and and and as you can see here it really you know if you are like Harry or I know some of you went long there but again I'm not good at long but when it comes to something like this I want to know because I'm a short buy straighter right so I want to know you know where to not short stock and this is the reason I'm not you know touching it this is the reason why I'm not shorting the stock based on the information that start giving me and also the price action and you can see here it this is you know this is really solid first bounce can tell you look at this I mean you know pre-market high right after open right stock pops you know that's a confirmation broke this high already that's a confirmation to to us right so the you know the the trend is it's really strong the stock broke the you know pre-market high and also the after hours or whatever the high from yesterday and then you know rock through that with authority it's like 4 to 4.5 here and then you want really you know this is this is the great first bounce I think Harry's been talking about this is right here look at this you know pre-market high just you know right on the dot I mean 495 or 5 and also the view app is right here I mean this is perfect even though I'm not a good long buy straighter I mean I didn't take this trade but I mean yeah of course you know it's easy in high time when when you see this but the odds are there for you I mean you know the view app conforms to the pre-market high I mean the more information you got and also it kind of line up you know with with the thesis I mean pre-market high here the view app is here the whole in half dollar mark is here right so this is the best for the first bounce and you know you can base off your race I don't know maybe 20 cents here maybe I know I'm broke under this line or this candle right here so it's like you're risking let's say I know 30 cents right 5 to 470 but instead you could get you know from 5 to not like this but you know you could aim for like at least easily to this line is like 580 so 30 cents versus 80 cents you know that's more than 2 to 1 risk-reward ratio so this is really something I would say that this is the best thing how to trade them on the long side you know and after that as the day goes on you can look for the zombie hours as well look at this here is the zombie and then stop try to try yep so I'm not a good long-bass right but what I would like to see here is after the zombie hours if the stock is still holding view app it's like it needs to hold I want to see the stock base overview app I want to see the stock is you know it could have you know one quick pullback and you know and then reclaim that means even better you know I like those even more because it's like you know trap the shorts you know if the stock pops all the way down here 4.2 and then quickly reclaim right and then just holding holding like this and and if you draw the trend line here this is you know the zombie right you see maybe this is just the wigs from the TOS late prints I think I think it's not a dip to this one yeah so the first bounds in the morning that's a one way to trade them the second way is if you wait for them you know after after zombies alright so 10 30 let's say 10 30 to 11 you want to look for entry here so what I would like to see is the stock the move that I like the most usually is when the stock really you know went through view app kind of trap shorts reclaim and then base overview app it's like grinding higher and higher higher those are the one I like the most and sometimes I even went long on those so yeah guys so I hope it's helpful today and if you still have any questions just let me know hit me DM in the chat and I'll see you on next one take care thank you so much for watching our video you want to see more of our videos please subscribe to our YouTube channel by clicking the button here we do our best to post a new video every single day if you have any questions about MIC or any general trading questions please text Tosh using the number here also stay up to date by watching some of our most recent videos right over here