 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey, guys. Good evening, everybody. Welcome to another edition of the AccessToTrader.com. Nightly rapper show. Hope everybody is doing okay. Hope everybody is having a good start of January. Now that we are one day away from our first full week of trading for 2020, you kind of have to have a little bit of self-reflection time and kind of put things into perspective. And then again, everybody does all that as it says, new year, new me, right? What does that mean? Are you any different from December 31st and you are from January the 9th? Probably not. But it is an early sign that if you are still doing the same thing over and over again and you are expecting to get different type of results just because it's a new calendar year, you're really deceiving yourself. But that first week of the new year, you know, it's your wake-up call. It really is. It's your wake-up call. I mean, we're right now going back for like a year and a half now, one of the most aggressive markets that I can remember, right? You know, we talk about this kind of a generational bull market and again, you really have to start self-reflecting. Is your process right? Okay. Is there something? Are you doing everything possible to take advantage of the market? Again, I'm not talking about taking advantage from every move and Tesla goes up 200 points. Did you capture? No, I'm not talking about that. I'm talking about, are you putting yourself in a position every single day that at least you have a punch or shot? I'm not talking about trading pivots. I'm not talking about trading anything. Whatever your style is, I don't care if you trade options or futures, whatever your cup of tea is. Okay. This will make a difference. Are you putting yourself in a position at least to give yourself a punch or chance every single day? And if the answer is no, again, you have to do something about it. You cannot afford. Okay. Every single new trader, in my opinion, is almost like a weekly option. Okay. You're going to expire worthless unless you have the ability to fight time and make that move. Again, you don't want to expire worthless. You don't have an endless amount of funds that you could keep on putting in more, putting in more, putting in more. So you have to get it right. So my question is, can you really afford to go another year? Again, it's not an answer that I need to hear back. But again, it's a very, very honest answer in every single trader, including myself, at one point in time, I had to answer. Am I in the ability, can I afford to go one more year doing the same things over and over and over again? And I'm not getting any results, right? I'm not getting any results. Can I afford to go another year to do the same thing? And again, it's very, very important that first week of the new year, it's almost like that aha moment that, again, you know what, maybe the calendar is different, but I'm trading exactly the same way. I am making excuses every single day. I'm looking for everybody else for answers. I'm blaming everybody else. It's the market makers, it's the algorithms, it's Trump, it's Obama, it's my mother or anybody, whoever it is. It's the time to really take a stand, self-reflection and say to yourself, hey, look, if there is a better way, and again, it has nothing to do with me. You don't want to trade me. You don't want to trade pivots. You have a $4,000 account. I'm talking about anyway, mid caps, options, futures, anything you want to trade. But there is a time that you have to give yourself an opportunity to put yourself in a position to say, hey, am I doing everything possible? Can I make things things better? And what am I going to do tomorrow that's going to put myself in this position that's going to solidify my foundation? And I think this weekend you really need to kind of do a little bit of soul searching because, again, there's so much opportunity in this market, very selective niche efforts for different traders kind of conquering different things. But the market is there. The market is there and there are definitely some good opportunities. So hopefully you'll use this weekend to kind of really give yourself a legitimate soul searching cleansing and really try to find an answer of what you want to do, how you want to tackle 2020 because, again, it's very, very tough to say it's a new year, new me. But if you're doing exactly the same thing, you're not going to get different results. So hopefully you guys are having a good start of the year. Hopefully you guys are making adjustments in your game again, however you trade. And again, at least you're making positive steps. I wish you nothing but the best for every single person. Again, if somebody asked me to tell you in the room, well, what's going to get this market down? What's going to get this market from stop going up? And my answer is Saturday and Sunday. I don't know. I mean, there's no fear. If a fear of war can get the market down, terrorism, China, does anybody remember? Is there a China trade war still going on? Nobody remembers this anymore. Again, that's what's called a bull market. They keep on sweeping everything on the road. You have an attack on a military base. Not that nobody cares. The market just keeps on going higher. So again, don't try to time it. Don't try to pick spots in these weird different ETFs, derivatives, and TBIX, and all these different things to kind of say to call it top. You don't need to call it top. Every single stock trades individually. There's an advantage to every single trade. There's value to every single trade. So just again, you don't need to trade the market. Trade individual setups, whatever your timeframe is, could be a day trader, swing trader, you trade for milliseconds, whatever your drug choice is, but at least give yourself an opportunity to trade the specific advantage, the specific edge that your process provides instead of trying to figure out what the market's going to do next. It doesn't matter. Right now, one of the biggest runs in the market, I can remember, I mean, these stocks are just nonstop. Absolutely nonstop. Apple, just this, I mean, crazy. I mean, semiconductors, going nuts, I mean, going really, really nuts. A lot of these names are just off the charts. You know, Biotex, Biotex is now starting to wake up. They had a big, big run, had a week rest. Now they're starting back up again, even names like Beyond, which it's turning into a monster. I traded this thing twice today, traded it yesterday. I mean, this thing's a beast. This thing looks like it wants $9,500 tomorrow. I mean, just an absolute monster. So again, instead of trying to figure out where the market's going to be next week, stick your individual plan. Keep on going with the trend. If your trend is down, the trend is down. If the trend is up, try to stick it that way. But again, don't get cute and try to manipulate your way into a winning trade. Let the market price action tell you which way it's going to go. Again, a very aggressive day. I mean, really another aggressive day. You know, Tesla gave an incredible move, a backside move, and we'll talk about it in a second. BYND is just an absolute, just an absolute monster. I mean, absolute monster, you know, coal buying everywhere. Amazon, you know, I lost faith in Amazon. We had exposure over this into four days, four days. We gave it every opportunity to go. Finally got out today. Finally got out today. Small profit. It just, this cannot go. I mean, how many days can you sit there and say it's going to build over $1,900? It's going to go. It's going to go. It's going to go. Today I thought it was going to go, right? You know, 1910, 1912, 1915, 1918. Finally it's going to go. It's going to go. And again, it just cannot follow through. I don't know. I don't know. A lot of big bets into earnings. 2020, 2050, 2100s. God bless. I've washed my hands at least for the near term on Amazon. It's just for whatever reason it is stalling out. I have no idea why, but it is. So let's talk about the day. It actually started out with Tesla. Okay. Well, at least the first set up was Tesla and I said basically deep breaths sarcastically. I experienced traders only 4930 and yet 4930 was the top of the supply here right here. So 49930. So I said basically I said basically if it starts building over that 4930, that 500 level is either going to get quickly absorbed or it's going to get rejected very, very quickly. And if you look at the setup, right, it was a setup yet a dollar risk with about a $6 reward. And obviously it didn't happen. It just never, it never got to that 49930 and it went lower. And we'll talk about that. We'll talk about a pivot to the downside in a minute. NVIDIA exploded. That second entry, that second entry was really, really strong. Here was a 244, right? 244 and went to like 246. Very, very strong move on NVIDIA. Netflix never confirmed. It took out the 343 from what I understand because I was watching Tesla. It took out the 343. It only went up like 50 cents or so. Very, very big spread, light volume and never made a second push there. So there was nothing on Netflix, nothing on Netflix. Amazon, I mean, huge disappointment. 1915 went to like 1918 and right back down. And just something's on there. I mean, unless the move is going to come specifically on earnings, if for some reason it's just dead money, I can't figure it out. I don't understand how one of the more revered names, love names, speculation darlings cannot rally with this market. It's just unbelievable, especially after that 110 point move consolidated for like three, four days, reclaimed 1900 and still can't go. Again, I got to wash my hands. BYD was definitely the move of the day. 85 sneaky area. We actually got along the stock at 84. The reason why we saw a call buying coming in, okay, we saw here was the 85, right? Here's the whole 85 range. This is again, when we talk about the sneaky pivot. So I wrote in the private Twitter feed, I said 85 is sneaky area needs to build. We actually got along on this 84. Here's a sneakier, sneakier area. We saw the 90 calls coming in and again, just an incredible amount of calls hitting this thing every single day. Tomorrow's weekly expiration, man. Who knows? They could take this thing into Jupiter. So here's the sneaky pivot. It was the highest candle in the supply zone. So I got along at 84 and confirmed the 85. And the next thing you know, it's exploding, right? It's exploding into supply. We talked about 87 and a half. If you follow this kind of timeline, if you follow this timeline, you will see, you know, you see 100 calls hitting 85, 70 is the first supply. It got above the 85, 70. And then we talked about 87, 40 is more supply and blah, blah, blah, blah, blah. And then finally, you know, finally, this thing reclaimed 88. I was tweeting about this in my, in my regular tweet of town. I said, Hey, there's a shot against the 90s and yada, yada, yada. It's almost 91 after the close. A big, big move. I called it twice today. So pretty good moves on beyond. Very short, very, very strong beyond letter X never got up there. 9050 on Starbucks again for you guys to trade it again, not really my cup of tea. No pun intended. But again, here's the 9050. It did give a move, you know, gave a move to like 91 20. If you got the trade, congratulations. Again, this is just, it's just not for me. This is it's one of these names that I'm not hearing of there. It's not beta. I trade predominantly beta unless you get a really, really aggressive volume channel in a stock with expanding volume. A stock like Starbucks just doesn't do it for me. But again, it really does prove pivots don't care. You know, you don't need to sit somebody with somebody holding your hand or pivots. They don't know where it's not. Here's the 9050 reclaimed with a 91 and change. USNA never made it up there. I still like this USNA. It looks like it looks like it rested today. I still like this 81 80 82 pivot on USNA. You can see here, just, it's just, it's resting. I think it's going to go tomorrow. Keep an eye on this thing. This thing, this thing might be a day away. So keep an eye on that. Square never got up to 68 60 for confirmation. Big move there, blah, blah, blah. And Roku, you know, Roku, I love that 38 30. I really liked that 38 80 39 level. And guess where it stopped today, right? Right. Look at the height of the day stopped right on supply right at 38 77. So this 139 failed again. And this is again, why you don't anticipate a trade. You wait for confirmation. Anybody who anticipated that 39 break that breakout got absolutely destroyed again. Don't think, okay. Don't think wait for the confirmation to come and let it confirm it properly with order flow. But again, Roku again, another, you know, another name is going back the wrong way beyond again, it's the beast, blah, blah, blah, test. Oh, so here's the Tesla. So again, here's where our point is, guys, that pivots, they don't care which way they're going to go. Right. They don't care. Okay. They don't care if, you know, we don't care if they go up, we don't care if they go down. Okay. So if you look, right, if you look, my first, there was a pivot here at 495. And I said, Hey, you know what, guys, keep an eye on 495. Right. And here was the 495 area right over here. Okay. This was initially, and I said, Hey, if this thing can reclaim 495, this is before obviously the short, I said, Hey, if this thing can reclaim 495, it might go higher. Right. And then, and basically half an hour later, I said, Well, wait a minute. Well, it's not can't get up to 495. Again, if something can go up, let's go again. There's no favoritism. We don't care about Elon Musk and people leaving. And this, you know, we don't care. We don't care. We don't have a bias. It's all about price action confirmation. So here was the pivot. And here was the pivot here. 483 held three times if it builds below can flush. Obviously experienced traders is not a trade for novice traders. And here was Tesla, right? So here was the 483. Here was the 483. You can see the low here. 483, 483. These are 60 minute channels. These are not one minute channels. These are 60 minute channels that give you a clean view. So once it started building below 83. And here again, here's my comments. Obviously I'm talking about it as it's going on in the live webinar. But here's my comments. I said, take on the way down. If sellers get aggressive, it could see 479 and then see 472. Da da da da da da da da da. Right magic, right? Right to 472. So congratulations for all you guys. Again, Tesla's just there's nothing is no better traded in Tesla. Again, I don't care. I don't care what anybody, if you trade beta, this is the number one stock trade. It just, it really is. It doesn't care which way when the sellers get aggressive, the stock tanks, when the buyers get aggressive, as you can see, destroy short. So this is phenomenal. Absolutely phenomenal vehicle. 472 now is reality. And you can see, I mean, you can see here. I mean, you know, here's the measure potential. Stocks getting hit and destroyed, just absolutely destroyed. So that was, you know, that was an insane move as well. Oh, yeah. And then right after that, we talked about, hey, look, look at the stock now back to the upside, 489.30, 489.50 for claims. It can go obviously never got there. So again, the moral of the story is that the market's insane. Okay, the market's absolutely insane. We don't know how much more the market has this. It's so hard to find value. That's why it's trading individual names is so damn important. But again, just go with the flow. The market will go up until it doesn't. I know it sounds very simplistic, very childlike, but that's the reality. When sellers get tired, right, the market goes up. When buyers get tired, the market goes down. We, our job is to look for clues and our job is to figure out where's the cleanest path to the goal line. Not the sexes, but the cleanest. So we'll see what happens tomorrow. So let me give you guys some names, some non beta names for tomorrow. For all you guys are trading with us, please get the morning strategy early. That's what we'll talk about Tesla and Netflix and Roku and everything else in between. Let me give you guys some non beta names for tomorrow's price action. I kind of like the stock bill, right? I kind of like the stock bill. It's like a recent IPO. It's gotten rejected off this 39 level three times once, twice. Tay was the third time. If it starts building 39, yeah, I mean, first moved to 39, 40. And if it starts reclaiming 39, 40, 39, 50, who knows, maybe get a bigger move there. Look at this PRTA. Yeah, it looks pretty good here. PRTA had this really, really aggressive run, came back in for two weeks, held rising support. If they could just reclaim these two candles right here, right guys, if they could reclaim the $16 area, who knows, maybe get a move to back to the 52 week highs. Keep an eye on that. Lift looks okay. Uber had a big run. We talked about Uber on the weekend update, I believe, right? We talked about Uber. I believe it was right here. We talked about that, what was it, right here? Yeah, we talked about the 33 level on Uber on the weekend update. Stock went to, you know, stock went as high as 34 and a half. You know, lift looks kind of the same, right? It looks kind of the same here. So first close over supply. If lift can just get above 46, right? If it could start building above 46, then it goes to 47 and then 48, 78. So again, guys, for all you guys are trading beta, please get to morning strategy early for tomorrow. I can't make it guys. Again, the live feed, the live Twitter feed, if you work part time or whatever the case may be and you can get to live webinar, I promise you it's the next best thing. You're also getting this video, you're getting everything, the option, the option flow, the whole, obviously the whole pivot watch for the next day. It's an incredible value and the most important thing is you have access to me when you need to pick my brain and it's very, very important to ask questions. And that's the only way you get better. So guys, have a great night everybody. God bless everybody and hey, thank God it's Friday. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? Straight off his personal watch list? Unlock our free PS60 vault where you'll get nightly updates on pivot opportunities we're watching for the next day's session. 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