 I don't know what's going on today dude we got a crazy runner today look at this 11 to 25 in one hour so this is actually like a former like pump and dump style stuff you can see that like every time it runs it kind of pulls back every time it runs it pulls back every time it runs it pulls back just last week it went from 15 to 45 in a day and then down to 20 so that a one day that's one day so that actually I can actually show you the chart of that day so this is what it did that day around 10 to 46 and then back down and now today today they have like some news so what ends up happening is everyone sees the move from last week and they're like oh my god it went from 15 to 46 I got to get in before it goes to 46 and oftentimes it doesn't go back to 46 so what I've noticed about a lot of these stocks bro is pre-market they go crazy they go crazy crazy crazy pre-market and then right when the market opens boom straight down so what ends up happening is oftentimes you like nibble in a little bit pre-market you like take a little bit of a feeler and then you get destroyed as it goes up so over the years bro I used to get destroyed on those moves so I'm using all of my willpower to just wait for the market open and if it looks like it's gonna reverse at the market open I'm gonna short it so that's pretty much what we're watching today and they started yesterday started today this started an hour ago oh well one hour one hour ago it was $13 one hour later it's $24 so this might not even be on the watch list then so this is on the watch list as like if you are a new trader you're not allowed to trade this this is looking weak dude so bro I said literally five seconds but this is like so this is a signal right this is a signal it pushed up it failed it tried to push back it failed so if it breaks this line of 2250 it should go down basically broken right alright besides anything else going on besides this one not really nothing too crazy today is a little bit of a slow day 2250 let's see but this so this is the hardest part about trading the hardest part about trading is having a plan sticking to your plan my plan is telling me do not trade this pre-market because you've died at 1000 times doing that and now it's looking kind of good pre-market this is how they trap you yeah they trap you do it so the good thing is if it does take pre-market it'll be easier to short because then that bounce will fail if it just keeps going up and up and up and up people will keep buying it but if it goes down there's people that are stuck from a higher position that want to get out on bounces so this is actually a good thing because it now makes the trade less risky at the open so would you be looking for like a like a bounce like a hit up and look for a fast move up but fast moved out right this might be the first like a first 30-minute trade the thing right this might be a first five minutes I was right this seems like the stock that the longer you stay in it the more risky it is so they're trying to hold this 2250 this whoever's controlling the stock knows their 2250 breaks look they're trying to hold it but they know when that breaks it's gonna be very weak but oftentimes they could just break it down and shoot it right back up last time it's hot about 46 now it's hot out 25 for now it could go to 25 and 30 and then 40 you know I don't know yet right but the weaker it is the more the bounce will fail so we did a little live training last Friday it's now Thursday and we were we have a couple Thursdays planned out yeah we're gonna try to do these weekly videos so the video that you guys saw before this was last week and then the video you're gonna see after this is gonna be next week let us know what type of content you guys want to see do you guys like this Q&A between me George George actually a learning how to date tradies watching the Accelerator course now yeah I'm excited Joe Kelly shout out 2250 you see how resilient it is broke as they know that line is up okay I see it first that just happened now too it just happened right now we're gonna deal with how did you get that information so quick we have news so we have news in M.I.C. okay so people actually feed it to you yeah awesome we work like as a team to get the news looks like someone's selling at 37 Rivian's looking a little bit weak so I might take a small short there see if I make it anything this is your first trip today yeah I'm also gonna record my screens so it looks like there's some sellers coming into this room so I'm just gonna scout that like very quick trade if I can get it so look at this one George they brought it down to 2250 now they're bouncing it that's that trap that we told you about right playing games man so this Rivian I'm shorting it pretty much shorting it on the bounce it had news of Mercedes but looks like the news was exhausted like they just sold it off on the news so because they sold it off on the news I'm just trying to piggyback what that trend is so could like fake news or something or it might have been but something like this when you have something like Mercedes and Rivian which is like an electric car maker chances are it's not gonna be fake news but it just seems like the stock is up 11% so maybe the market doesn't think that that news is worth 11% maybe the market thinks it's worth like 4% I don't know all I know is that it rejected so because it rejected I'm just trying to follow that and it bounces like a little bit too much and I'll say you know what I was wrong it was in trading to take any trade that you want as long as you have a plan as long as you stick to your plan my plan is a small gap I think that because I saw the news is rejected I'll take small trip this is a big trap that's exactly what we talked about 2250 sometimes they break it and they shoot it up as a big trap if it's gonna bounce on some of these walls a little bit before the market opens so it's good that I didn't shorty because I wasn't you don't want to be down pre-market I'll be down pre-market plus my plan is saying wait I should just listen to my plan this might even go above 25 so I was watching the video last night and they were saying as a new trader you want to before you before you realize or before you think the top is gonna hit you want to get in like a little moments of four so it depends it depends on the strategy it depends on the setup for us the less riskier is when it already tops up look at this dude it went right back up to 25 yeah oh yeah that trap yeah big trap this means gonna go way higher dude yeah I even hit 30 look they broke 20 to 50 and they brought a 26 now it hasn't been this hot right so you don't have any other information to go by going now oh well I was just going it's just going market definitely a little hotter than uh than last Friday yeah this is great this Rivian we want to go on there 3650 come on 3650 break so as a new trader I want to kind of get more involved in like my process right so for the new trader listening we got we have about 22 minutes to the open what's one of the things I'm looking for right now like pre-market like I know you know we're talking about the two hot stocks here but let's say I don't want to you know I don't want to fall for the trends that I want to go for the hot stock of the day you know they get you said PX PI XY is kind of you know you don't want you want new traders trading that what do I do right now all you got to do is go to the watch list there's one two three four five five other stocks that are not hot that could be your opportunity to trade so these are stocks QNRX BIVI SIDU BGXX SHPH these are the ones to watch if you're a new trader so I put advanced stocks for advanced traders and beginner stocks for beginner traders as Rivian is going down there we go so let's try to get out of some of our position so as if I could get a little bit of my position off here I'll explain that trade a little bit more in detail because that's usually not trade that I take very often so I got some off at 36 38 this Rivian is an extremely beaten down stock so if you look at this stock you see that went from 180 down to 36 so usually what happens when a stock is very beaten down it tends to continue being beaten down now this stock had news of Mercedes which is usually big news whenever a company announces news with a another big company it's great news but when you see a giant red candle like this and for some reason the news is selling off then there's two scenarios one maybe someone knew the news ahead of time and they bought it ahead of time and they're selling into the news or to the market doesn't think that the news is worth this jump so all I did is look at that red candle I joined the trend of going down and now I'm exiting my position I think I'm just gonna get out of the rest right here and soon as I get out right here that was about $3,000 trade right here that was about $3,000 trade in about eight minutes on a side stock that I wasn't even really too interested in because it just popped up on my radar now taking it off my radar and going back to the other stock on the watch and now we're back to waiting now just for a point of view perspective how was the size on it that was a thousand shares maybe maybe about 50 cents a share 50 cents a share on a stock that moved you know a couple bucks you know so now I'm having it on another side radar in case it shoots back up at the open but I might have gone out a little bit too early dude because now it's at 3617 I got 3632 so my idea was right my plan was right and usually my entries are right my exit sometimes so now you now you're up 3k before the market you're playing with all your own basically playing with house money you can enjoy the day a little more I could enjoy the day a little bit more and I could also be a little bit riskier on pixie because I could get in a little bit larger you know but and again this ribbon is not something that I normally trade it's when I see that opportunity just get quick 50 cents but and it's not like I was looking for it's not like I was shorting it on the way up I was waiting for it to top out and then shorting it you know right yeah so for the information here what word did you actually hit it so I'll show you on this chart right this is what it looks like this red arrow I was around 37s and I got out low 36s and now it's still going lower just like that because you would think bro could think about the average person Rivian the electric car maker has a view of Mercedes you hear that but you're like I'm gonna buy this is going 100 is going to 200 but what you have to pay attention to is what the market thinks about it just because you think it's gonna go up doesn't matter what does the market think right and the market thought that the new shouldn't be up that much whereas if it went from this candle is from 33 to 37 if this candle went from 33 to 35 then it might have kept going up but because it went up so fast so quick the market thought maybe that's not worth what it is right it's funny name because to the just the common person you would think that's that's pretty big news and that's good news you know but at the end of the day they did shoot up so it is I mean for the stock it is still up it's still up yeah right but it's not up as before now it's down at 36 dude right probably hit 35 something bro so I screwed up right I screwed up I could have made another $3,000 if I held another five minutes but sometimes where I like to be in and out you know but it was another scenario you would have lost that 3k and that was the extra 5 minutes if I was yeah if I was too patient now it's lower 35 86 right so let it do its thing let it keep going down I'm busy on this one so back to this pixie last time we saw it was 2250 it broke it went all the way to 27 almost so bounce almost five hours of share and it's rivian is now going down more to bro look at dude well oh my god I'm so stupid bro I'm so stupid yeah this pixie went up to 27 and if you look a little bit closer you can see 2650 rejection 2650 rejection 2650 rejection okay not the open we'll look to maybe short some around 2650 right so that's pretty so what we'll look for the best case scenario George the best case scenario is this so 2250 now it's around 22 bucks so this stock breaks 22 bucks it should go straight down so what we want to see is we want to see it push up here and then we want to see boom created through 22 besides for these two you have shp shp over here what else is going on do we have other stocks in the watch us pretty much just waiting to see what those do yeah I was thinking I pulled this one back up because I thought maybe if it would bounce a little bit higher I could reshort it they just tanked it yeah don't they give a pop at the mic so now what I'm thinking about this rivian is I'm thinking someone do the news ahead of time and someone selling it to the news you mean like someone that well works there or likes could be yeah it could be someone that works it could be like a big fund that has a lot of rivian shares found the news early they bought the stock yesterday a week before and then when the news comes out they dump it these guys are making brought these guys are making literally probably hundreds of millions of dollars bro hundreds of millions of dollars and we're over here bro try to make 3k ball with our 3k we gotta go to club with our dude it's a hundred of millions in this one candle it's like I mean like within like that couple minutes right and it's crazy this pixie's looking weaker bro I'm liking this price action a lot I'm liking that it tried to push off it failed and now let's see even if it doesn't fail at 22 I mean you could still scalp and get you know get the pop at 26 yeah so I don't know what's gonna happen yet because at the open everything's gonna get crazy it could just tank the 22 bounce to 28 it could pop to 27 tank to 20 I don't know yet so I have to wait we're a minute and a half till open I've just had one trade so far up a little over 3k let's see what happens I keep drawing my lines I think it's really important to keep you make you feel safe it's everything yeah so you know you know what's gonna do it's either gonna go up here it's gonna either come down here you know like that's it so what this stock looks like it's gonna do is it looks as if it's gonna tank at the open rebound and then depending on how it rebounds that'll be a trade the worst thing you could do for a short is hit it when it's going straight down because everyone's doing that you want to be able to short a bounce bounce will give you the best entry but you can still short it when it's weak but if you want the best entry you got to hit a bounce we got 30 seconds until the market opens thank you realistically use like you said it could tank but it could also just shoot right up at the open right I'm gonna slowly slowly bro and try to get in if this thing bounces slow that's 10 seconds shooting up a little bit oh well oh man also pixie had a candle going up and then this is tricky right here it looks like some pop what's the thought process here it's in the middle it's not at the top it's not at the bottom so yeah it's playing a lot of games right on it failing yeah you got a position here on pixie looking for that 22 break right oh dude when I see a candle like that that's gotta be a pumper right it could be anything yeah right now what goes up must come down a little bounce on Ruby here I don't know that was a late bounce up yeah I don't have that much market experience so I haven't seen it like that yeah I was in the middle of the range so we're just waiting to see when a stock starts out like that after the market opens what's the now we're gonna see what it does it after the whole top right now it's your short on pixie we have a line around that 26 27 right yeah what we want to see is we want to see it either reject 27 or we want to see it keep pushing so depending on what it does it could just keep pushing and then pull back or it could just go down I don't know yet this Rivian kind of pulled back so that was a good idea you had there you know I haven't even seen it that much so when I see it a bunch of times I feel like you kind of just get used to it a little bit I know things happen differently but I really want to go for like some shorted scalps you know like nothing crazy to start it's how it is bro like this Rivian tree could have been like solid like a dollar or share winner right now yeah but if I made 3k on that I would walk away happy happy day so we really don't want to see is we don't want to see it keep going up we want to see some sort of rejection somewhere right at 35 mark on Rivian that fail mark but it's already down so much that like it doesn't really matter anymore that all I made it's a big move it's already basically broken as you could tell I mean just dude just looking at your screen I mean last week when we were recording all of this was going like crazy you know the volume was nuts this volume is way like crazy yeah I mean so is that saying that that's not really getting this this halt or something yeah oh hold him yeah that's why I'm like yo what is going on so now because of that candle you can short because that candle I'm gonna show more yeah so that makes you feel comfortable to show the truth colors I guess show that candle right after a halt isn't it hard to get the short so yeah it's gonna be it's gonna be difficult because look so let's let's recap what happened right start is shorting some around 24 as like a starter position okay and then it pushed up and halted up at the resistance at 27 we got a death candle from 27 down to 24 now because we had that death candle I feel comfortable getting very aggressive and adding larger into my position because it looks like the top is it even if we're to have a bounce back up you feel comfortable that it's just gonna come back to reality yeah I like Rivian today this another pop look at that 36 line let it keep going bro I got my focus on this bitch right here and this is a beauty about trading man I could be sitting in another room just focusing on something else I still you know still possibly making some money I'm gonna try to add as soon as the stock on halls yes this is a good call saying we get our traders this would be scary to me pixie it's just moving too fast but that's that death candle bro that's the death candle yeah because that's the death candle I'm gonna hit it and I'm gonna do a prayer to bro so the first halt is for how many minutes they're all five minutes all five minutes okay you have a hold a couple times in a room yeah it's gonna open up in one minute one minute I'm gonna have I paid a load of money and locates today a load so this needs to work out you had a 23 average and then you you won't three average I didn't have more yet okay 23 I took a starter now when it unhaults I'm gonna try to add it looks like it's gonna if right now it's a 24 30 indicating at 2350 right where's the indicator 2350 okay this should open up in 20 seconds oh whoa whoa whoa come on try short more 26 oh my god I couldn't get it no I got 500 shares oh my god broken halted again Jesus talk about that trigger so we saw the death candle and my plan was to add after the death candle before I could even add it crashed more so I only got I was trying to add 4,000 more shares I only got 500 shares you got something in I do it if I got that 4,000 and that was gonna be an extra 10,000 profit yeah I don't know what the I'm gonna do because if it opens really low like if it opens up around like 20 bucks then I have to take some of my position off and add it back this is the house it closed at 21 6 it's indicating that's gonna open up at 21 1 so I should probably cover a little bit bro just to like get some profits off but dude I was trying to get that ad that ad would have paid me yeah some more 21 20 bucks of support the big 20 it's done right so for the viewers where's your cap out here where's you know where's your sell-out that to make the money we're looking for you come on bro come on I'm adding come on come on come on bro come on got it wow broken come on bro just go down go down you keep running it was about to hold down they saved it come on bro we want to see it under 20 bucks George is remember 20 was lying so it's a poor at 20 bucks so far yeah when it hit it hit 19 in 1977 come on bro break testing huh really isn't that much volume on it I don't know how it was halting like crazy it's very thin what's the deal with that come on go down now that you pay the high borrow fee you could just keep adding as much as you want right borrow is very expensive today bro very expensive close almost a dollar share to borrow it so average borrow like five cents one to five cents well and oftentimes when the borrow is really expensive people don't want to pay it and when people don't want to pay it gives me an opportunity to pay forward trade right the Washington's Rivian cuts were you thinking on that I took I paper traded took it at 36 to okay I am looking to sell soon and make my 60 cents I think it's gonna go down though I think it's gonna I think I can make a dollar a share on it now it's stuck bro what's up pixie yeah it's kind of figuring out what it's gonna do here probably a little bit patient on the dude I mean I've noticed like the ticker like move so much quicker in a lot of those scenarios this is just crazy that it halted and it's just not even I mean the there's no there's not much volume that's good because that means that there's not much much interest in it anymore everyone's going crazy crazy crazy now you gotta think bro people were buying 25 26 27 and now it's a 21 so if it bounces it should fail because people are stuck from a higher price right but my target is under 20 bucks I think this will go under 20 bucks and if it holds under 20 18 is possible all right so we're back looks like we're at $20 now it's testing that 20 so it's gonna be a very very very key important test if it breaks down over here getting very good tried to bounce bounce failed so let's see if it's gonna continue to go lower if I give it breaks that it's gonna shoot down up I hope because remember what happened last time remember it's broke down here is shot up right so we don't want to see that we want to see a breakdown and continue to go down come on bro you gonna go down a lot I saw my rebellion at 35 80 cover it you mean the get out of short getting out of the short cover I mean 40 cents a share okay my favorite read so we gotta start somewhere cuz but that's a good trade to take as a tank that you shorter the bounce the reason why we're trading that 35 and $21 stocks today is because of the runners right that's the only ones I have the opportunity today obviously the cheaper the stock is the better it is for us because mostly scams mostly scam companies are on that price but depends on the day so today was a lot of these higher price stocks which are okay they're just a little bit tougher right as you could see yeah now I'm making it a hard example for the members to learn from explain what that's saying so you're saying I took a star position here when it starts to look like it failed with the plan to add after I saw a death candle saw a death candle here and then I added a big position here and now I'm slowing to exit my position here why don't you lock in any um I did I took some off at 1950 okay not nearly enough right I was looking at that I could have held I made a dollar a share basically so right now bro we're basically on autopilot we're gonna let this pixie do its thing if it gets back down to 20 bucks I'm gonna try to exit some more and so long as it doesn't go above 23 we should be good on this one you have a 23 or do you have a 21 so really right now you can almost walk away and just put if it hits 19 you automatically pull out make your money it's 23 you just cut your losses and call it to be honest I thought I was gonna get more of my position off because if you see like I got some of it off here yeah I was trying to get more of it off but it just bounced on here which happens so it is what it is yeah I mean what happened at the end of the day all right bro if you remember we were waiting for it to go under 20 bucks it was just kind of hovering around 2020 went to 22 came back down what 22 came back down and then the end of the day it went from 21 all the way to 33 and just killed everyone luckily I got out right before that I think that day we locked in about 13,322 dollars it was obviously a lot more earlier but had I not exited that might have been like a $20 30,000 loss for us so but you know in hindsight the profit is good it should have been better but the stock acted completely irrational and just almost went up 50% in 30 minutes and it happens from time to time was the day man yeah yeah so that's all good man another day another dollar I guess