 All right, good morning traders. Can you see me and hear I'm sorry see my screen and hear me If you can can you type yes in the questions? I think it's working I'm sorry. No, I'm sorry. Yes in the questions in the hashtag advanced dash webinars. Okay, excellent. Thank you David Excellent. Okay, so I'm good to go. You guys can see my screen and hear me So let's jump in today. We have Jay trader. He will be presenting In going through his his trades God, I'm off to a bad start here. Let me back up. So Jay trader will be trading live in here. It is in demo paper trading mode, but the the It is the way that he trades stocks And this is the education that you get with the book map Global plus subscription. It is free in here for now Just these last few weeks during the holidays before we kind of get up and running here in the new year So we just thought we'd extend it Free to everybody and so they can get a taste of what's going on with our education So when you subscribe to book map you get access to our four-part educational course. That's online And then we have three days a week. We have live forward-looking analysis So we'll read the current market in the order flow and then give insight to where we think price is going to move next the key Is to apply what you've learned from the course in the live market? and What better way to do that? Then reading the live current market and then giving insight to where price may go next So you can really apply what you've learned there. You can ask questions And integrate this into your trading strategies Then we always get the questions about like, okay, that's great Now I can read order flow about how do I trade it? Well book maps not a trading strategy It is a platform There are many different trading strategies. We will cover it in those webinars And also trade management, but there's many different ways to trade. So we're not going to cover one specific way So then we offer the live trading from a few different traders So you can learn very specific ways of trading from them If you want to apply that or not, that's up to you We're bringing on Tom be as well. He'll be streaming live in discord in a couple weeks January 18th, I think is his first day So you can learn from another trader. He's gonna be looking at volume profiles and trading futures. So You know, we're starting to stream more and more And offer different trading styles and to meet, you know, your guys needs So today we have Jay Trader, a stocks trader. Tomorrow we have Scott Polsini, a futures trader At 10 a.m. So Jay Trader will be in in a little bit We'll keep an eye out in the chat here for him So let's go through some disclosures though And you guys know who he is. He's been trading for quite a while You have his trader Contact information here as well. You've got his website his Email and Twitter YouTube special offers from him, etc. I'll put these into the chat You know once we get going here so that if you want to reach out to him, you will have the links specifically You don't have to copy this down here All right, let's go through the disclosures and and for the first 15 minutes or so 10 minutes I'll just go through the live analysis of the s and p e-mini And follow up a little bit with yesterday's action and and what's going on right now And then we'll turn it over to Jay Trader All right, so the general disclosures and these are important. So please listen Understand what you're getting involved in here We're not here to just kind of lurk in this room and and use this Education as a trade cop your service That would be really kind of dangerous and irresponsible This is all for educational purposes only right so all book map limited materials information and presentations are for educational Purposes only and should not be considered specific investment advice nor recommendations Live trading is in simulation demo paper trading mode and strictly for educational purposes Live trading executed in simulation cannot accurately represent realistic trading performance Risk disclosure trading futures equities and digital currencies involve substantial risk of loss and is not suitable for all investors An investor could potentially lose all or more than the initial investment Risk capital is money that can be lost without jeopardizing one's financial security nor lifestyle Only risk capital should be used for trading and only those with sufficient risk capital should consider trading Past performance is not necessarily indicative of future results All right, so that said let's jump in let's take a look at this s and p and also yesterday, so we're going to Look at the higher time frame and kind of also review like um, uh yesterday, I kind of struggled with reading the order flow And I was looking for something specific to unfold and it didn't uh, so We'll review a little bit of that as well and Well, it did and it didn't I should say like that we we were looking for some scenarios to unfold and they did Uh, and then there was other scenarios that did not so what did I do wrong? How how can I improve? And I want to address that Because it's really important to debrief your trading learn from it adjust And then move forward better informed and more prepared And looking for even higher probability trades than uh, just a few days ago So looking at the higher time frame here Um, we see this nice move to the upside into the new year Uh, and just a few days up here, uh, you know, we we broke all time highs just the other day Uh, and we're right back into the range now on the daily chart Okay, so we're kind of stuck in this range here. We do see some buying wicks in here. Okay on both sides I'm sorry buying wicks on the bottom sells sell wicks on the top here. So Makes makes sense that we're just kind of right in the middle, uh of this area here. That's the daily chart Uh, I don't see too much on the daily chart to to look at except for maybe the swing from the other day here Uh, let's just take a quick look Hold on Yeah, okay, so, uh The swing uh yesterday here and then look at today We've come down and kind of tested this little area or low here and haven't broken it yet All right, so just you know, it seems to be in the day's range from yesterday Uh, looking at the hourly chart here. Okay, uh, it we're looking at Uh, this back and forth here. Look at the dip here below the, um The swing and then move back up and this is where it broke into all time highs And then we can see we're right back into the range not seeing much on this daily or this hourly chart here Looking at a five minute or we can look at a 15 minute here. That's what typically what we do. Um looking at Again, you know Wicks down here wicks up here Just, you know right back in the middle of the range Not seeing much of an edge right now at the moment. All right on these higher time frames Okay, joseph is in here so we can turn it over so guys we won't get to the analysis here But even even looking at the live market right now Boy, not really seeing much. I mean you see the the initial move to the downside here, uh, and it you know, it's been holding Uh, so it's still kind of below this this, uh Area here at 47 83 and uh And it's come back down and kind of tested where it broke out from in here Uh, and this little structural area in here But boy, just you know not not seeing much right now It's pretty pretty kind of narrow range that we're looking at here and uh, this is the bigger range right here All right. So, uh, yeah, anyway, um, we'll maybe address, uh, uh, some of the yesterday's uh um, maybe I can just quickly say it like Um, I think if I if I debrief some of the um analysis yesterday There was assumption of like a gap fill to take place which did take place. We were looking for that scenario Uh, and then we're looking for a bounce though and we were reading the order flow and we never got it We never got that bounce, uh It it actually the order flow or the um, the webinar ended and we did get to see a one bounce But then it went back down to to Lowe's again Uh, it did retest that, uh 47 80 area we were looking for uh, and then uh, but it didn't go higher And and then finally it did, uh yesterday Um, but uh the um Let's look at it here Yeah, we're looking for this bounce up into here We did get that 47 87 that yeah, we're looking for 87 and we went back down again And you can see we came all the way back up. This is the move we were looking for here But we were looking for it over here And I think maybe just holding on to some bias in here not reading the order flow thinking like, okay Well, we should bounce right like we filled the gap. We should be bouncing We're not uh, so we got it order flow rules And just let the chart tell us let the order flow tell us And stay away from bias And then start to look for Uh Areas where price might go based on what we can objectively read in the order flow Enough. All right. So let's turn it over to uh, Joseph and uh, let him take it away. Thank you Thank you, Joseph for giving me a minute or two in there Good morning, Bruce. Can you hear me good? Yes, perfect Okay. Good morning traders. We'll start the screen share over here Okay, you should be able to see my bookmap screen with the chart I want to pass right away, uh into the Play that we're trading uh, ilxt As we said, we are talking about a small float This uh, stock flow rotated multiple times Uh, ilxt has also dilution Uh as a former runner. So a history of extending And this morning it plays exactly like yesterday on psdv and we shorted over here at the top Uh, we got the 308 310 Taking some profit down to the 251 and now I personally add over here in the 272 So, uh, we had this uh 275 resistance over here on bookmap. So I'm averaging my size my my My price because with a 308 and then 275 add with some covers now I'm risking in the money and the trade is going good uh, I could see The price action over here being very wild. So we are really going from Supply demand supply demand shift Uh, some good trades that we had this morning over here. For example, this is a chat So, uh, looking to take the top into that heat map resistance And when I say the heat map resistance, we were looking at this three And you can see that three level. So we are really going over under over under and then over here again put the top Heat map above This is a gap in extension in play So we rate for the fail of the pre-market high, which is this three level And then heat map joined us over here sellers And we can see a lower highs lower lows environment Then pushed into the v-wap We had the big sell-off. I love this. So I see over here, uh, youth sell-off So so supply and control then over here. They try to prop it Remember that when we have the illusion traders and this is really a common theme on shell company You know what is a shell company is basically a stock that uh, doesn't have almost any, uh, earnings any profits uh, doesn't have any kind of, uh, uh, we say Revenue and lives only through dilution. So they need to raise through offering in order to survive. That's a shell company Basically, they're selling paper. Then the second time over here, they had, uh, a bounce just into that supply And I'm sure that each time or at least this is a main possibility because I know how these work with the micro shells Each time they have a huge amount of liquidity that holds the support Dump master over here. So the behemoths dump into those retailer traders In order to find some accumulation and some liquidity to hold their price It's absolutely a great environment for me short in a company like this But only if I short the tops I can never look for breakdowns. I want to short always the tops and liquidity Uh, uh, joseph joseph. Um, just a couple of things. I'm sorry to interrupt you here, but it is kind of important. Um, Uh, there's a max of 50 that can view um the, uh, uh The webinar here, uh, in the stream, um, I'm Restreaming it. So if you can't get into and watch j traders screen, uh, click on mine You'll see the two live tabs there, uh, in the left margin of our of, um, discord So you'll see the same thing that, uh We're all seen here from j trader. Uh, and then, uh, uh, let's see. Secondly, um, uh What was I going to say here about, uh, um The chart I kind of forgot. Uh, so yeah, never mind that that was the most important. Uh, uh, oh, uh, yeah, I was I remember, um Joseph so, uh, a shell company like you're gonna have some some issues trying to get a hold of those, uh shares Uh, so, uh, maybe you can articulate a little bit on on how you do that Okay, absolutely. Uh, just want to pull something over here one second Um, let me find, uh, this okay. So when I say that I'm basically looking for those Uh Pops over here to short means really this okay And that is an into this liquidity that you can see over here So I'm looking for those massive levels of liquidity Where I can have my trade short and risking very tight because I have a higher average So I'm averaging for example in the 289 hours risking 276 So now I'm holding J lines over here. If we break the J lines, I want to see this dump The same process I have on the long side. So I'm using J lines like yesterday We had on LSP all morning in order to take the long setups. So I'm gonna Explain a little bit about the filings Because, uh I think is one of the most important matters if you trade not only small caps, but also mid caps and big caps together So first of all Very fast, okay We'll do very fast when you're not going to do a lesson on that But in order to understand the price of liquidity over here and meantime, my beer is following the trades I'll XT we have a micro flow company. So five million and very small market cap So right away when you see a five million flow float is the amount of shares you can buy in a stock in the stock market Then you know that you need only five million over here to flow rotate Generally, when you have a flow rotation, if you don't have a huge amount of dilution The stock can be possibly become a runner And also we can see one thing over here They try to pump the news with this tumors over here I went to read this and it's basically more fluff news than really like something Uh tangible Because we have a no phase two or phase three final endpoint met We're only talking about over here some clinical stage. Okay clinical stage It's not a phase two primary endpoint met or a phase three final endpoint met All right Then when I'm looking at dilution I first look at financials over here and you can see that they basically have a negative net income So they have zero revenues and how you think they're going to pay their employees if they have some How they're going to pay the ceo? How are you going to pay the marketing? How are you going to play the press release the drug? Trials and everything with some company that has only six million of cash and is burning per month 300k All right. How through dilution. There are several ways s1 warrants ATM shelf and blah blah I'm gonna share with you Just to be faster. I use dilution tracker, but the same thing can be done if you go on On the sec file links and start to look and dig it into the company in the meantime We had the next Stuff over here again Into that. This is really a stuff. So we're gonna talk about later. I'm still holding my position And we're gonna talk about how dilution works so Company over here has not registered. Okay, not registered warrants So they cannot be exercised right now and they can only exercise if the price goes to six So these are contracts. Okay warrants are counter. I was trading the first thing I traded my life was covered warrants Then over here we have a register IPO warrants at 5.6 50 5.1 point million at 5.70 So they need the price of 5 5.70 in order for this to be exercised 1.4 97 million The the price this morning was 3.1. So they never been exercised What I like over here that we have a west park atm So atm means the capacity over here to dump at the market. Okay at the market This means whenever they want and they can raise 10 million right over here 10 million Also, they have a being that are under baby shelf They have only 1.8 million of current raiseable through shelf All right, this is an s3 if it will be a foreign company, you will have f3 So when we have now, let's get back to Our price section and I'm gonna do like this Okay, I'm gonna use bookman to explain you what they do because this is every single day that I see it Okay, and I wrote even a matter manual of 25 pages Describing this call my manipulation page and since 2017 I'm basically explaining this stuff This is the price section this morning, okay So I was explaining the room and also in the streaming pre-market I said exactly this you can go read and watch the streaming on youtube and I said 10 minutes before the open I believe they're gonna create a huge amount of liquidity at 3 at the gate And at the 3 will have like the big hands So the The big hands who are The big hands who are the ones behind the company the ones that are holding the shares That they want over here to dilute and how they will do it You cannot simply wait that you have a breakdown price is 260 and you're gonna dilute over here raising 10 million because the price will do this We're gonna haul down and you know what they're gonna not raise anything or at least not enough They need to raise as much as possible So you know over here that if I diluted 280 I diluted three I diluted 330 what will be better 330 because it will make more profit. Okay, so they try to prop it If they create an environment over here with algos with some orders Sometimes with spoofing but also tracking over here retailers looking Inviting them to buy on the breakouts. Okay, so creating in breakouts over here We had a break over here this morning 309 and it went 3 10 over here. This was the top And what happened when they're pushing over here? So when over here, we have buyers at the open because everybody wants to buy this. It's about tumor. No traders Reason that you need to know which News move in the market. Okay. So what happens over here when they push it? We have over here The dilution acts so they're dumping partial of the shelf and that and not they're gonna dump At these lows, right over here. We have some liquidity formation So we have some support and this support Bruce now will laugh because every time I say this is together with the zealots So you see over here, uh, these two white lines I'm gonna do like this. Maybe I'm gonna bring it up, uh, bigger. This is fantastic really fantastic over here This is my Okay, this is fantastic So you can see over here those two white lines, right? Those two white lines are jails and you can see the main liquidity where we have it just at the jails So they're not gonna dump on this weakness. No, they're gonna wait over here. They basically Release the paddle of the gas So they're not dumping over here. I believe that maybe they're even buying something to prop over here The price action And when we have this v-wap, you know that always there is the shift the v-wap between buyers and sellers, right? So what do you think they're gonna do traders? I'm really expecting you to answer charu chris mike I know that you're over here today leaves What do you think they're gonna do at the v-wap? They're gonna wait for those possible breakout traders coming in over here 272 75 for a breakout and then they will dump on them. So they're really Waiting that they get over here to dump size Because like this, they're gonna Raise the 10 million if it's possible today. They're gonna raise 10 million. All right If it will be a price not enough for them. I mean they need cash. They need cash very bad over here Right, they cannot live a long time with that 6 million if they want to do all these drug trial. They're saying Is it clear traders? It makes sense question on this Okay, if you have questions just like reach out over here in the chat room or the advanced webinar Now, let's look at the price section. So I'm still holding my trade my position this morning. I've been trading this short I've been trading long and short Uh, am I NZ? Am I NZ that I'm still holding my trade? I can share over here Yes, my beer. Thank you. I'm still holding my trade It's an easy trade. It's uh, it's a fill of jay lines and a rejection So I missed the pop perfect as I wanted because I missed this entry over here into the jay lines I short over here And now I just took a little bit profit over here to pay myself and since it's making lower highs I'm holding so my trade over here started into the 17s Risking 30 cents. I'm making over here already eight hour return All right, and this why I'm gonna explain you one main One main scenario This is I am NZ Is a scenario if I can say about uh, if I can say traders, it's a fuckery Because They have no dilution They have no history of fader recent IPO micro float multiple flow rotation As I wrote this morning and I state this again I made two plans the first plan was to look for long because all this environment tells me AJ look for a long side, right? And if you go over here And we go over here the watch list This morning I said am I NZ this scenario is for a long even I shorten it took almost two bucks per share Scenario gives us as a long bias that I'm looking if I have j-line curl j-line curl. I didn't have it So we always need to prepare for a short side with a j-line rejection Exactly what happened. So this is not because I know what will happen I prepare myself if the price will come to me before Bruce said something I mean he says clever things clever things, but this is very clever and he said j And traders wait the price comes to you and wait the book map shows you The same thing for me way that the pattern shows you So when at the open I was waiting for the j-line rejection that was over here. Look what we have above This is not me or bruce trying to top over here, right? This is a really like a big seller over here 30 000 and 26 000 so somebody wants to dump over here and hold the price down So when I see this together with my strategy, I'm comfortable joining short And if you see this price section over here each time we have a bear flag. So this this this I joined exactly this bear pattern over here Or I believe this no this one over here. Sorry. This over here. I joined over here short My risk was just above here and then each time started to make a lower high Now they find a little bit of liquidity also whole round dollar number Okay, and you can see over here my heat map And times in sales in this case times in sales is filtered only to find the big blocks Why because I'm not really interested in looking for 100 dollars 100 shares at the time who cares for that Make sense traders really tell me if you have any questions on this Now getting back to ilxt I think I'm going to follow this being is the the one right now that is moving with a little bit more liquidity This is a as we said a five million float and it floated over here about 13 times no 15 times Okay, we can do like this. I'm going to put in and see if this works 15 million 5 million sorry one two three six. All right So all the lines that you see below Okay, each one of these lines is a floor rotation. It's a floor rotation floor rotation floor rotation floor rotation So look only one hour from this 930 till 1030. How many times we floated over here? We floated 16 times Right Once mean floater that they bought the entire float and they sold it They bought the entire float and they sold it bought the entire float and they sold it and so on over and over and over I trace small caps big caps crypto And futures lately what I'm doing the most is really trading size on crypto much size Being that I'm investing them But other thing is I love to do a trade over here stocks because they gave me very low risk with these scenarios and very comfortable to trading with With book map together Now we're going to look for other setups today. I was not looking to trade big caps The last trade I took was a 70 point swing on tesla till that 1200 But it's two days. I'm not touching over here big caps because they are counter trend into the hourly jails So I'm only trading today these two small caps that you see over here Oh two four over here. We have a micro support on On ilxt. I'm waiting the crack So why I'm not taking profit because gap and extension Is a setup that I tracked Is a set of that I trade from many years And once I feel the one-minute zealots I'm staying for that $192, which is the five-minute zealots This doesn't mean I'm shorting And I'm not gonna stop out if a trade reverses on me. Okay No, I'm gonna trade this short and whole short until we're gonna make lower highs What I mean by that is a high. This is a lower high all lower highs. Okay Over here we go to touch that lower high and cracking. This is a lower high. So until my price section formed this why I have to take profit out Why I have to really Cut my ways and One of the reason why traders are not making money Is because when they stop they stop large because often they wait they pray And they think that the trade will Restart in their direction. Okay It's not this market doesn't really listen to you. Okay Really respect more the price section and order flow It's really helpful and when you have a trade that is working Leave it there use your trailing in the best way for me It's really using the zealots and using the lower highs when I'm shorting high lows when I'm long And then stay with it have patience sit in your hands Okay, you can even put over here a stop loss Order and you go for a walk sometimes trust me is much better You know traders yourself if you would have put your stop loss and walk away so many times You will probably be much more winner and Rich than how you are right now so three faders this morning iLXD lgvn m inz M y and z Rule over here Very simple. Okay, so it's not that all time will be like this, but you see this red that you can see here You see the price below the jay lines. That's your short Me getting short Over here and now holding with each lower high You see how it's dumping, right? Why I need to cover this I took only a small over here to pay myself to reduce my risk which was over here And now i'm simply holding if you look at lxt You have a different setup Which involves knowing the levels because it's a stuff over here move a stuff over here move And now we had the jayla rejection. So until this makes lower high We can hold this All right And the last one was lgvn. So let's continue to watch this What i'm looking right now Is the formation of more levels of heat map Above my Above the actual price So when we have a ladder In a stair step down ladder We want that each level forms a resistance That gives me a cushion. So in case things go wrong and I need to exit my position I will use these heat maps. So this is a very good trailing strategy that I use together with lower highs That will protect my exit. Okay, as you know, if you trace some size, let's say 50 000 over here And you need to get out. I mean 50 000 me and other traders will get out at this 260 boom. It will push simply upright But if you have instead Some big resistance above some big level of liquidity supply Then I have time to exit others have time to exit. So I get Uh, I don't get squeeze. That's the main point. Okay, so we have to focus on this stuff as well You have to calculate. Is that a good level to exit? Create a bear flag over here See the volume is all red below Soon they're going to flow rotate again Morning again. Glad to have you here, buddy. Let's wait on Alex T Let's leave Alex T over here. So if we're going to have 250 255 will probably add being a jail and rejection need to see the tape in that moment In order to flow I'm going to put one second over here My and z so another Stock that is fading fading fading and we are short from the 17s over here this level And now again lower highs or lower lows Lower highs or highs Where highs So a bit a big rule over here an important rule for me in order to protect Parts of the profit being that I'm still around three fourths of my position in And this is paying ready almost two bucks If we're going to reclaim the 15 1550 I'm going to trail at least half of what I have in order to protect myself in order to you know to have something in my pockets Okay I don't see a main support down here Bruce Yes There are some traders in advance webinar. Can you answer them please? Yes Okay, this is what I was saying this morning Uh Reason why I didn't want to trade tesla apple nvidia Um Look over here So I trade yes, thank you Tesla apple But I said one thing hourly jailings. This will be an inside day waiting for direction before taking the trade. Okay Every single day I tend to look at these for example I look to trade daily es baba tesla apple and so on facebook But the point is that if I look at the scenario the market scenario today We see that we are at the day hourly jailings and for me this is a big support So yesterday we were fading we were fading over here. You can see the reversal And this morning we dipped into this area Now we're consolidating until I don't see some very big uptrend Established like we had in the last days. I'm not going to trade this same for apple And you can see apple over here is even Fading below the jailings, right? It's going below And same for es which this morning was just at the jailings and now it's simply lateral over here So I cannot trade something like this, right? um My day trading system over here Makes me enter on es Long at this level long at this level long at this level long at this level Long at this level Each time I'm able to get the dips Each time I'm able to get the dips This surely for a swing purpose, okay Now if I look at lixt This is what it's been doing today. So I treated the highest volume ever We can see there is a stock that has Multiple extension one two three four five six each time faded So it means there is a stock that gives back on the same day Even if it gaps up we have a history of closing red on the day Okay bounce over here on m y and z As we said remember traders if you break the 1550 Then I'm going to trail partial over here So I'm focusing over here. Do you have a resistance 1550 not really a small amount of resistance? Okay, and I like to zoom out because I need to see The supply levels above right now you can see supply demand almost one to one So look over here 1545 We have a little bit of resistance some sellers over here 1545, which is the previous relative high Okay, the relative high over here was a 1545 So on the breach of this So if we can have a clear out of that 1545 I'm gonna exit Half of my position Still at 42 you see they're finding resistance. Look the seller over here 44 45 46 45 level over here. It's not a big resistance. Okay, because before we had huge amount of resistance But it's still holding as this is the previous relative high Nobody I'm not going to add over here because it's only a small resistance if I had a big heat map Let's say 30 40k plus Then I could add more lower my average and risk that New heat map as partial of my new trailing. So over here still unwinding We have LXT still unwinding so you can see that We are talking about the bear flag bear flag came over here. So good Good spot, right It's behaving pretty good over here, Alex T If I believe there are some traders over here in my room, I believe they took it And then LGVN Which I have no position on LGVN But it's one of those stocks that I'm interested to follow Uh, I trade a lot of volume over here 11 million So I would say no I trade a small amount of volume versus others But it's a stock that trade a lot of volume the past has a huge amount of bag holders Well done condo. Well done, buddy. LXT good My NZN. Okay, there we are so get out As I said trailing half of what I had left on my NZ For the reason that we break we broke that previous relative high So now I will still hold half of my position being average as high around 1684 And I'm looking if it's 16 I can add more. So I'm not really waiting for the 16 I'm looking ready at book map If I have a liquidity To test at that level Beautiful new game So I'm making over here high lows Minns It's pretty light over here. You can see there's not that use amount of liquidity like we had before Even on the on the resistance above you can see it pushes like 30 40 cents easily I'm not adding short yet I'll explain if I'm going to add short I want to see how are we attached over here this day lines And also there's a lot of spread 65 75 65 80 Not really looking to trade this Very illiquid right now in the sense that even if you look at the In the orders over here the max orders 3000 And it's very very liquid So holding my position short My last trailing is 16. Okay, so 16 10 Am I ever at 16.84? so if we have a A clear out of the 16 0 5 16 10 I'm out lixt still continue to fade so When we talk about company that needs cash think about traders lixt, okay Joseph I have a question for you like with the filtering in the morning I mean you you nicely went through like Already finding the stock and then finding out more about the stock like who are they? What is their flow? What is their financials? their fundamentals What kind of company are they what do they have warrants? What kind of news is out there? and then really You know ascertaining like if it's a value if this is a valuable company or not or is it fluff etc Which then kind of dictates the trading style the Maybe you can talk a little bit about like You know what time like pre-market or how you start to even find these to begin with Okay, because that that can be kind of for newer traders Kind of challenging to filter for you know, I mean, yeah, we can go to like, you know Some website and find out, you know big big gainers for the day, but what about like pre-market or Previous days etc And how you kind of filter for that Okay so As I said traders I trade multiple Assets For example for crypto. I have a specific way to find my Say my new altcoins that I want to look for for big caps I look at mainly the structure on the daily and I look the structure of these main Well post over here These main stocks give me one second So these are the stocks that I that I look at every single day That's basically these are basically the stocks with more liquidity bigger market cap That I'm interested in it Stocks that they like to trend they trend a lot in the past. So I know that it can give me a very good Set up inter-day to trade. Okay, so this is for a big cap. So this is uh, this is excellent. Um, but uh Is this is based on your proprietary or personal experience, right? Yes. Okay. Yes, exactly. Okay. So so traders you're really getting something here Insight to you know, this takes years to to kind of develop But anyway, thank you for sharing, uh, Joseph Exactly because after when I look at this I have my precise way. So, uh, I can put this up one second Big caps And for example, every single morning, I look at my first big six and q. Yes Facebook, apple, tesla and video and then I will over here jump for example to uh, amazon, google, baba, ba and so on and I start looking at the daily Uh for hours one hour five minutes actually Uh, also the weekly over here. So I start looking for example When was the opportunity over here too long and you can see my errors, my green errors, right? So they come in exactly in the dips. So I'm looking to buy those dips Then I will see the same errors on hourly and on the daily For what concerns instead of small cap land, it's a little bit more difficult Difficult because you need more research Uh I can post this over here because it's uh, I would say a first main uh Filter to find the correction error So when I'm looking at a small cap land I look at the scanners And whatever scanner you have and I like to filter in this way So I scan for stocks above 20 percent gainers These stocks, uh have need to have at least 500k volume Years ago, I would have said 200k but with this new market over here I need to have a huge amount of Um Volume therefore Uh, by the way, I just added right now. Am I my NZ is 610? So I added right now my NZ is 610 Uh, you can see on book map over here Boom just 610. I added Uh, this is my trade just exactly over here the top took let me see Okay, so just to tell you I short over here this area. I add over here this area right now, okay And now simply working again. So I recycle all my shares again, and I'm having again a huge one on this one So getting back to what we were saying Uh, I want to at least 500k volume. I check for institutional, uh ownership So whenever I have a low institutional ownership, I like to use these for, uh Faders While if I have a high institutional ownership, I generally look to trade these for long The float necessary below 20 mil and you have to be careful because if you have a multiple float rotation With no dilution, then you have possibly a long scenario Basically, it's like what we had today on My NZ which we had all the scenario for the long but you could see I showed it Then SSR careful because SSR high volume Micro float is a former runner generally Pre-market volume versus the float. So you have really to check if this float is going to float date or not I start looking at daily chart. I still look in their position versus the j-lines I start looking if they have dilution and I've started looking if they have for example user faders or easy of runners For example, this morning lgvn I had a pretty big stat for this too short Because lgvn was a stock That basically on five times that we had a gap four times fader on the same day Right, so this makes you understand all the process that you have behind traders Okay clear very clear joseph. Thank you so much for for um showing this I I know this is your proprietary way and I just I'm just Very grateful and thankful. Um, you know You're doing this for us. It reminds me of the turtle traders book with Richard denis Who made a bet on you know, we can I can teach traders how to trade it teach anyone how to trade Uh, and you know, he I think I think the story is like, uh You know people were Ripping them off like taking his process And then selling it trying to sell that process and he got so upset about it He I think he put an ad out in the wall street journal and Took the entire back page or something like this and and Promoted or just Did his process so it's public to everybody And the the thing that's important here is like Understanding and knowing the process Is one thing Now you got to come in and you got to make it your own And that's what you're doing in here looking at some of the details in the order flow In uh in your higher time frame and then your lower time frame and book map So, uh, yeah, I'm really really appreciate it. Thank you joseph Thank you, buddy Trader so the reason why I added my position on uh, my and z Is because we have a, uh First big liquidity above you can see This is what I was saying before so on these patterns and yesterday was so clear on, uh, I believe was, uh ISPC and pstv yes, but look over here The stock is going up and you basically don't find any big structure of resistance, right? You see that we have over here buyers buyers buyers buyers buyers, right? But a certain point there's a shift. This is the shift Okay shift over here between demand And supply you can put also in balance everything you like whatever But I like to see it simple like this and then becomes a stair step down pattern Because this seller Moves down moves down moves down So when I see this So we call it mr. X Plus the j lines set up and the same thing I did for long Okay, last month December I took more longs with 79 win rate than shorts the same thing so for longs But at the same time I see that zealons I see this to get that's my pattern to short All right The hope makes sense if you have questions, uh, write me Now lxt Is bouncing Yeah We have I would say A good cushion by our side The last short we did was a 272 so exactly this level over here where you see this dot in line Right now our average is I would say pretty uh in the money. Okay, this is the the price is uh I would say unwine over here good Remember what we said before each lower high is the new trailing So what you can see over here is this new lower high new lure. Sorry each lower High and this is making a same higher high Okay, same high if we break over here and you are high I'm getting out if it's that stills unwind I'm gonna hold and I'm not taking any profit Why You would take any profit on this if it's still working by your side. Okay. Try two traders um Maximize your return In the meantime my and z is bouncing my average came down from 1684 to 1622 So my max risk would be that 1622 on my and z. Well, now bigger liquidity over here on ilx t lgvn Still at lows And let's watch more closely over here My and z So I'm always Careful on stocks like my and z that I have no dilution. They have a micro float And they have flow rotated multiple times As I said my average right now is this one So adding From that 1684 this was my average Uh over here. Yes, I took some profits But adding now my average came all the way down here because I added size So I have already stopped or the profits over here To trail in case this goes back up in 30 I'm out. I'm flat In this case, you can see how important this is this risk management First liquid over here 1650 Uh, we have a buyer over here Holding 10,016 40 They're trying to hold the price you see How they're stacking over here the bid is 1640 1645 And now we are above j-lines. I would like to see traders our resistance above now 1660 to port 48 support 45 resistance 50 Getting short at 45 46 if I can risking that 50 so Waiting to see some pops There we are So look that liquidity 7 000 over here is the main liquidity that we have, right? Now they're trying to prop it 1650 is holding Now no more support. You cancel over here 1636 a small small amount of shares 1640s average Small amount of shares right now because I'm still playing above the j-lines And I'm risking that 50 55 maximum So I'm risking very small not giving back profits over here in mid morning 11 o'clock What I'm doing is still shorting something that has Um, not huge amount of volume and we had a fader all morning with this Breakdown on lgvn Pop as well on lixt waiting for the j-lines But trying to follow one at a time for you so you can understand So you can see that our level over here Of resistance. This was the previous relative high Okay, and that relative high over here together with the main J lines main heat map. I'm looking at this support over here and this resistance. So I'm looking at In balance that I may have between buyers and sellers. So we have demand supply buyers and sellers Well, they're curling above J lines careful because you can see over here. They're holding the 90 may I need to see a drop below the 90 may and it's pretty illiquid right now. It's pretty thin Uh, we suggest buddy a lot of brokers out there Um, obra is one of the best where you can find buyers If you want to reach out in private Uh, look over here traders, they're holding this 27 So if I don't see this working the next one minute, I'm cutting the position I'm only comfortable trading because it's already a decent five figure for the day So I'm not really trying to give back anything maximum 10% So if it goes it goes if it doesn't go, I cut it trendline break right now The real trendline break is actually over here. So J lines over here dip. This is the most important thing I saw that resistance passing from here Into here, you see So they're basically doing what they were doing before over here. So they were pushing this back up and now they're pushing this back down So We'll see here, but I like this Now I I'm more comfortable holding Uh below 16 When I see over here creation of resistance And then ideally pop into it and then a fill All right anyone trading today my and z Back above 16 I'm gonna be very quick. Just want to check one second lgvn. So lgvn faded with the zealons over here perfect right Hopefully somebody took it was this trend break over here came down So a very good spot to recycle for short. I'm not in on lgvn traders not in Uh, and we have still lixt as I'm holding lixt Is a very good stock over here as we said has dilution has uh no cash history of fader good daylight rejection nice trendline break Good point to recycle right back to my and z I got it right now in the money So I'm out my and z because it's curling the one minute zealons. So I expect a push above the 1650 Look at that bid over there 3940 So you can see that it's curling. Okay, it's cupping curling means cup over here Above the one minute zealons and it's very possible that we're gonna break this is 1660 So careful over here 1650 right to the previous relative high double top 1660 Double top. I'm not in right now waiting side lines. Okay back to lixt So I'm not showing any long because I didn't have any long over here to show you Besides right now btcs, but I didn't do any research on bts right now being over here with you What I like over here is holding the one minute zealons Uh yesterday for example, we had an lsp And I love the way that I use book map on this one So basically what I want to do is to long queers the white And uh, we had two fantastic longs over here this dip This dip this dip this if but I don't like only to I'm sorry was dip I'm looking for confirmation. For example a trendline break. So I'm looking for those Patterns together over here. Those are the two main setups that we had And then we started to fade with the zealons simply went all the way down So looking just looking over here at btcs Uh similar scenario dip this morning to the zealons dip this morning to the zealons But again, I didn't do my due to diligence over here to diligence work And I'm waiting to trade Let's continue to look at my and z And there we are that squeeze above 60. So that is important for me Getting out at the right time When we have a curl. Okay. So this is called curl on the one minute zealons. All right traders Popped into that 17 17 some decent amount of liquidity Any questions traders, uh, then Vince was asking about looking at the What stocks we're currently looking at here? Uh, yes, all these that you see over here my and z cntb lgb and lixt Got you. So as soon as you are the main Gainers of today. Okay. And and that list So, I mean once you once you make your decision you just start popping them in the book map Um, and and collecting data Exactly Bruce. Okay. So um, and and that list could be like, uh, you know, today it's four. Uh, it could be 10 could be 12 Oh, yes. Oh, yes. Can be even like zero So a dump is coming over here on lixt. I'm adding to my position Uh, I like this formation With j lines. So I missed over here the reentry. I like over here the bear flag. I like over here the selling Pop over here couldn't push didn't even get to the heat map Looking for this unwind I had entry over here at 308 then added 272 now added over here at 228 So I'm Lowering its average each time and I still didn't take any kind of profit. Okay So now what I'm going to do at 235 we bounce back up. I'm going to trail partial. Sorry, Bruce if I interrupted you No, not at all Yes, mech loving, uh Target 21 j may on the five. Absolutely. That will be the ideal target So let's wait for some selling pressure over here, right? I'm going to see this going all the way down J lands below vwap Fast j lines is below the slow j land. So this means bearish We can do ideally like, uh This second Yeah, I shorted my beer bruce is worried that I don't short Oh mama bear. Don't worry. Uh, he'll he'll be all over it. I'm sure lgvn Uh possible distortion pattern So I'm gonna stay one second. Oh, I'm not shorting lgvn I missed this trade over here But if you look at this chart traders on a five minutes You can see what I'm talking about. We are holding the five minute jaylands, which is an important support Uh, this seems to be a distribution pattern Low liquidity. So contraction of liquidity inside, uh, a bearish pattern like this And uh, we need to break this lower 1280. So if we break 1280, we'll have a flush Lxt instead is working. So Good for our read started to see some red over here Yeah, uh, so good pattern over here so from our read, right and we are at, uh Three minute zealons still the three minute zealons. Wow It's the long way to go long way to go Long way to go as almost no support we have something that 220 but I mean, look what we have above So definitely holding this for short And again, I'm holding until the price section is like this lower highs lower volume Watching over here lgvn possible break them that distribution pattern So take a look. So maybe we can see a distribution pattern right here Yeah support is basically nothing It's hard to It's hard to comment right now lgvn Because this for now is a fader, but there's also not too much to comment over here. It's only very illiquid thin tin tape For me 80 fail can wash This is a distribution pattern But again very thin Meanwhile traders or my nz. Somebody really dumped over here My nz. I'm not in on the second one. Okay Uh, look this this is I believe it's an algo Uh, look how they're bringing down the price Basically every not even one second over here. They're like changing the price Uh, micro stair step dump pattern. So they dumped over here one buck and a half. I'm sad that I didn't take this Anyways still good day But look these traders Okay, so somebody over here really wanted to dump size Let me see also I'm here. Okay. So finally the trend line break came you see We're looking for a trend line break boom. This is unexpected unexpected All right, lgvn is working. So the distribution pattern breakdown. There we are So again until we don't have counter trend moves higher volume Formation of higher lows. This is going to fade like lixt And like right now my nz. Okay bruce 10 30 over here 11 30 sorry over here Uh, any more question traders? No, I think we've got them all Uh, a lot of chatter here and and thanks for the feedback everybody on You know discord and streaming and etc Uh looks by far here in the little poll I put out That everyone prefers Streaming here in discord So, uh, yeah anyway That's that joseph excellent webinar the clarity on your trading strategies is Facilitates your ease of trading or precision of trading It it's really really intelligent thing to do and Have always always noticed it always liked it Really really great stuff Thank you bruce. I want your pizza, buddy. Oh, I'll I'll take you up on that Okay, um, if there's anything else joseph, uh, you want to cover. Um, I put your, um Information in here then to the chat a couple times. So if anyone's interested in reaching out to joseph, uh, he's he offers mentoring and, um, uh education there So you can reach out to him directly. You got his website and, um Email, uh, twitter youtube and special offer in there as well from joseph. Okay, bruce I would like only to say something. Uh, first of all, happy new year to you and all the team Second thing is today around 12 30. We're gonna have a webinar more on that If you want to follow us on on a youtuber here 12 30 Streaming just like on my wallet position on crypto and doll coins I'm buying for the long term if you're interested traders. Just join us In the meantime, thank you bruce for this Uh, again, uh, see you next week. Uh, thank you Tarantino taking precision Thank you everybody and take care and use your stop loss always. Bye