 All right folks we are back welcome on back here this Thursday afternoon February 8th shortly after 2 30 p.m Eastern time We are rounding 3rd on this afternoon and great to see all of our students and members alike inside our live trading room Got Linda and Drea Chuck had Brian just before calling out AFRM had Chuck Jith a moment ago And all of our other fellow students members alike there Just give me a quick sound check should be good to go you know across the board But of course not just there on social media as well Facebook live linked in Twitter YouTube the works just at cyber creating you is the social handle there Just follow and subscribe it right through all of our social streams namely YouTube on top But with that in mind I mean it's days like today as to why we need to be inside our live trading room And mainly in our classes really because it's the training that we go through that allows us to confidence to Take trades on days like today where it's been really one opportunity after another I got to say just even with the market little choppy here and there We've had such a phenomenal day so far. I know and Drea just called out the SYRA just a moment ago bounced back up Briefly there. I was watching it as he called it out. This is like my second loss on the day I just took a small-sized position and I just said you know what I'm out and out and it dropped off a little bit more after But just maybe in the afternoon maybe at 3 p.m. This can make the better pop, right? It's still a good trade But it was more from the morning that this ended up making like it's better push the late morning the early afternoon Ended up making a hell of a pop. So it was more well their pre-market We had started off with this on our morning watch list in the morning meeting actually one of our fellow students Brian had called it out and you know led to a pretty good pop right away and said obviously my stock is up 455 490 percent 500 percent of course we got to put it on our list But here's the thing you said this during the meeting We gave you the playbook to a great degree on this trade Thankfully the stock allowed us the chance to take it but it was right off the previous all-time high 370 namely $4 right there whole number level above it under Over it got halted going up shortly after it from that point and from the 370. That's when I jumped in It would led to a pretty clean entry opportunity and well for as much as I missed out on hollow yesterday I think that this made up for it. This is a pretty good move So ended up pushing up really nicely at the time towards just about 657 and then from there Pulled back and you're out long at that point. I've missed out on this like late morning early afternoon run it made But even here it's still kind of just holding. It's just kind of teasing right as intense So, you know, I'm not gonna not put it on our list I got to start off by doing just that I got to put this on our list here somewhere SYRA But for Charles for Lawrence Linda and Ray, you know, I'm more interested in stocks like Mara stocks like Palantir stocks like rumble you see on the bottom right there, but Mara has been like my You know horse all day today. This has been a beautiful trade. I see a lot of lines on this chart So it probably looks confusing to the naked eye if you are a student won't makes it a little bit easier to say We had a lot of buying that came in in pre-market this morning at 1830 1829 So that was basically where I was focused on initially Shout out to one of my students Pablo long-time student Pablo Lee one of my coaching students He had jumped in with me there and from there led to a nice push, right? That was the first level not the only level that these you could see just a moment ago It ended up just retracing back down once more towards 20 and just a little under that I've got stopped out on my trade from the from the morning session before that time though It's like right there where my cursor is here I had stopped out from that position from 1832 at that point But I was looking for the drop towards the VWAP later on never got it It pushed back up and built new support off of 2025 and alas here. We are now so Mara up 20% obviously, you know, I'm gonna put this on our watch list not just because Mara, but it's up 20% and it's at the highs. I just feel like over time, too We had called this out really distinctly in our trading room just in the audio commentary Rich had it up on his chart. I told him put the line pretty much right there 2260 it could be a pretty strong swing level to work off of on Mara now Hey, what else do we have when we got PLTR PLTR making another big push once again today up like five and a half percent It's starting to round off at 25 here So this could be the opportunity where you know, if you know what to look for in a counter trend then Obviously 25 is a psychological level could be the price to work off of but Has it dropped lower? Won't start it off like a little down, but it's not making a lower low So it's really tough to try and short this stock. I am doing it right now But you can see we haven't gotten far so PLTR either way We're gonna put this on our watch list once again just another day where PLTR is making a higher high So, you know, if it ends up breaking above 25, I'm taking a scratch break even trade on this if anything I stopped right at 2502 not a statement So, you know as far as PLTR goes, we'll see where it lands. But also this oh really quick Hey, you know, we said about Mara a swing level to work off of well, how about PLTR? I gave you this earlier in the week, too But I wasn't holding my breath waiting for it. That's the key So, you know, I was not expecting PLTR to go back to back to back days like this But you know, I was even gonna say a little under that maybe like 20 I thought it was like 26 and change Yeah, kind of around there back from like late 21 here on the weekly graph and from prior to that loosely speaking I was shaking around that area. So that could be a pretty strong Psychological or a pretty strong swing level to work off of as far as the long-term chart Now as far as the psychological level 25 All right, so we got a few good trades to work off of already and then the last one here last one I'm in at least Rumble well, this actually just held above 820 earlier and kept me alive, but just you could see here It did not push higher Not breaking higher. There's only one other way. It's gonna go. I'm in for me So if this breaks below 820 I'm out. It's not up or down a lot percentage wise It's just from our side list tradable stock, but it's not doing us any good here And you know, maybe if it's slingshots higher in the afternoon, you know, I'll call it out later on but Otherwise we'll pass on this here. All right, so I'm good All right, so with that said, let's go right from top to bottom here. Otherwise, let's see what we did to a watch list You know from that point. Yes, why are they already on there? Yeah, Mara Palantir Not this not each kid CCTG either pass and then keep it going so MLGO is like kind of making higher lows here at least you know, just kind of lower highs the last 15-20 minutes, perhaps but You know, perhaps, you know, maybe there's room for more of a pop This stock has been a huge pop and drop stock for us back at the end of last year looking back from the daily I showed this earlier. So our stock went from four up to 16 and back down to two It's not the type of roller coaster. I want to be on at least not on the way down on the way up maybe but yeah As far as this goes here as we're talking Coming back down below the VWAP even here So I'll come back this trade not fully committed just yet this MLGO That's like we said, it's like kind of one after another today Even if it had popped earlier and dropped there might be a second wind type of move on it I'm not as drawn by the or drawn to the order book at least here. So I'm gonna pass on bets, you know, have a great Need or necessity to be following that type of order book seems to be said with this thing FHTX like only turning a million shares in volume. Good chart. I like the chart Charts pretty good by me, but you gotta have good liquidity at this point now ARM it's dropping off anyway, but we're gonna pass on here It was more from the market open session just with the earnings that had breaking all-time highs But as far as good as that was obviously what goes up does come back down as well and Roma I'm gonna pass there just kind of skim down the rest of this gainer side here for this point Wolf another crypto mining stock like Mara will slow Blue the stock I feel like is due for a bounce over time if you look at this chart, but You know, I mean again a little slow for right now. It looks just really flat a couple other stocks I just saw here a moment ago OSC are this that might actually be the only one left from the gainer side Yeah, this thing's pretty flat. All right, so let's see if there's anything looking good from the losers We got three good ones already. So we even just leave it at those three. That's fine by me. Let's stop that So what else we got? APPS apps Drop it off. It is shortable Easy to borrow on trade station at least not at all-time lows. I don't think All right, we're gonna pass on it there if it was at all-time lows, it's kind of the selling point to me But again, not really a great need to add a stock like that there at this point a little close to the ground floor Lspd so this stock just broke down below a foul stuff leg nice with lower highs and just broke below the floor I Got some room on this at least The spread doesn't open up. I like this Lspd. I'll add this to our list as a short It's a spread doesn't open up bad. It'll be a good trip and that's P go pro PayPal PayPal coming up bad earnings, right and Well, what happened recently on PayPal didn't they it wasn't their CEO hyping something up So like, you know, just really like some big revolutionary announcement. They made it and then the stock dropped like 10% that day Hi, so that's kind of the drawback with making a very big hyped up announcement But that wasn't today exactly that was like kind of reason but nevertheless PayPal earnings down big today It is pretty close to the lows. You know what I'll add it as well A little more expensive, but very liquid stock. We like it and That kind of just about does if we're not really shorting this market all together So unless the company has bad news, we're not gonna really look to try and follow it on the way down. So There's anything else looking good here folks, definitely let me know here in the chat up down left right more than 5% Linda made some nice money on option calls on Mara. I just saw a moment ago. Great job from Linda There we go I bet you those calls are pretty cheap too, right just because Mara is not like an expensive stock. So Probably get a good price on but that's the drawback on trading options because if you don't know where to get him and follow The trade of certainly not speaking of Linda unless she killed it today But those beacons like the outside world, you know people on YouTube Facebook live or just brand new trial members of CTU It's to say trading a cheap Option it could be very difficult if you're there right place wrong time and You know, you're likely have to push the expiration date out a few weeks if anything But even then that's when it gets more expensive. So, you know, you want to make sure that you have a happy medium at least for those two of mine, but For a stock like Mara that had pushed up so nicely from earlier today I was zooming on my chart there. So it's a little easier on the guys for you But yeah for all of us. I mean, it's a nice move right now moving back moving back above 21 Coinbase we had this on our morning watch list as well a little more extensive Actually a little bit choppy we're here today this afternoon. So not as much we need to follow that Same here All right, we'll just take one last look at Benzinga probe before we finish up You have the S. Y. R. A. H. K. I'm not really too interested in each kid So that's pretty much it. It's all we got here for right now folks So about five stocks to work with three on the way up two on the way down Pretty easy to start off from there, right? Michael saying wait watchers at the high of the day just under five It's not a bad look Little daily chart previous support here back from January at 616 that could be resistance on a really strong break otherwise That's pretty good level Yeah, I mean good call. I like this Look Michael, and then oh, I'm sorry from Linda. I didn't see that. I'm sorry. So you You know too slow the only issue on this is that it's almost too liquid Like orders are like too big at every price level so it's had a good date today But you want to even have something that is liquid that is filled in But when the price levels are like 20 30,000 pop like when you look at F. C. E. L This is like as prototypical of like a level one Watching the grass grow watching the paint right type of stock So so you may even have news out on it for it to get 14% But right now I just feel like it's a little slow across the afternoon. That's all Tony and chat saying could you look at syra to talk through if you would have gotten in or out over the last 15 minutes? I literally just told you before I got in and out and I took a small loss right here But as far as getting back in yeah If I was watching the stock and not on a microphone and juggling bubble Yeah, potentially it's not making a lower low It's making a higher low and gives you the chance to try and retake that same exact trade that you had confidence in taking just Before absolutely so I just told you on small size I took a small loss just a moment ago here before I started the meeting I was happy I got out of the time because this sucker just shook down bad and hey if I was Josh the trader I Would potentially would have taken that this thing again is on some pretty thin liquidity So, you know, if you are a new student of C2 and if you've been with us for let's say less than three months we'll just say Doesn't mean that more than three months is the threshold to start trading crazy stocks But just three months is basically you know that you're a new student of C2 We want you to be training yourself on stocks that you could make just as much easy money on On a stock like Palantir or a stock like Mara, right? So that is my full answer no matter what But if you want Josh the trader answer Hey, if that was a strong level and you took it once already and it gives you a second chance There's a difference between insanity and making a pretty educated decision based off of patterns, right? Now for me that number to me is like three or four like the more times I take a trade I realized like all right Josh you're pretty insane You should probably stop doing the same damn thing over and over again expecting a different result So that said though at least Tony you got in and out took up. Yeah I mean well it depends on what level you're focused on though, you know I was focused on six bucks the whole number level Clean pot I Would say one of your easiest rules to focus on is like, you know focusing in on whole number levels Especially for something as crazy as this but I would not want a newly enrolled student to be as Inclined to trade a stock like this when there is easier money to be made Lawrence says how about seven years? I'm slow but a steady learner Lawrence You have been smashing it don't even downplay yourself like that Lawrence is probably one of her most accurate traders been lost wise and You know one of these things he's learning about recently is trying to hold on longer into a specific trade But it goes to show at least Lawrence. I appreciate you saying that because well, I'll tell you what seven years goes by fast Right, especially when you're making money. So with that in mind Geez, you know the longer that you're with us you tend to pick it up and you realize No, hey, I could do this Day to day Anthony saying what is six dollars of one thousand shares? That would be about six thousand dollars, but that doesn't mean that if it's cheap that you should be trading a lot of shares Trust me. I've gotten off a few different coaching calls this week with students that have gotten crushed And of course, they are not going to say that themselves because who the hell would want to and I'm not gonna speak for them But trust me traders that have gotten whooped on trades recently and because they're trading way too many shares than they should So for Anthony Lawrence Tony and all of us Let me jump off the mic right now. We teach this all in our phase one stock course Actually with that in mind a little quick heads up coming up in the next two weeks in about two weeks time We'll be resuming the phase one stock course coming up after we've Washington's birthday All right, so with that said I will be back on soon folks. We'll talk to them. Take care