 Good morning cyber traders welcome back this lovely Wednesday on this March 6th. How's everybody doing good to see you all good? See John Lita good to see you. Good morning. All right good. Good. Good. Good. All right just Just trying to get a little organized here. All right guys, so Welcome back a couple of good things are going on this morning. We had a great day yesterday Looks like if you guys remember I was talking about last week. I put it there's good YouTube video that we made on the China stocks and talk a little bit about those Also want to talk about we gotta be cautious about what's going on with with with the China stocks But we had a really really good day yesterday a lot of good stuff moved especially going the afternoon I do want to you know talk about one stock specifically that Something happened to me now. You know yesterday. I'm on trade station every Tuesday So some of you you know we had the morning meetings here Josh does it but sometime You know every Tuesday. I'm on trade station and I just want to just bring up one stock really specifically and then we're gonna go through The watch list I want to talk really quick about This NCT why all right. Let me just bring this up right here. Is everybody see this NCT why? All right Let me just fix my little time frame right here. All right So anyway this this stock right here just to let you know It was a great great runner right out of the gate right of the open You could see the stock ran from 240 all the way up to about 340 and the stock ran all the way to about 380 now You know I jumped in it really late. Okay. I end up buying the stock exactly at the at 362 I think I paid for it and It was right here and I was just showing Josh yesterday on my reports But within 30 set within one minute actually that stock got so volatile that you could see the candlestick The stock was moving about 50 60 cents and I'm like, you know what I got back off on this thing So I tried to get out of it and I put a limit order out there because the spread was getting huge It's about 20 cents now remember the biggest thing we teach you here at Cybertrain University. It's not how to make money It's about how to control losses the winners take care of themselves. Nobody needs to learn how to you know Make winners when you're making winners everybody that needs to learn how to stop losing So I'm just bringing this up specifically because I got out and I got so Ethyn lucky that somebody hit me at 67 cents. I got out I made about I made about 50 bucks on it on a thousand shares and Exactly when I sold it look what I end up happening to that stock I would have probably lost over a thousand so a $50 profit within two minutes I would have been down already to 15 instead of 50 bucks and then about five minutes later been down 500 and then obviously, you know how hard it is to take a loss, you know a 500 I lost In a couple of minutes. You think it's gonna come back and then sure enough look where it is right now It's at $2. So the big thing that you got to take away from that is that number one? You could admit that you're lucky. Okay, which by the way that is not part of the The job description being a trader. You don't want to be lucky You wanted to be you know, this is all about skill and you got to know you have to admit when you're lucky And you got to admit when you know, it's all skill that was I got lucky Somebody got out now the skill part of it came out of it is because I just knew hey This thing was way too volatile for me right now I thought it was more of in a two category three and it got to a five and it was just too cheap And we've seen it happen before so listen, there are times that you know We wish we could have hold the sock and at times a bit more than others. We wish we just sold the sock so Kind of was like putting in the chat room trying to explain it so I don't have too many of you really could understand It's kind of hard to chat things in the trading explain it But I wanted to bring up this morning But anyway very very dangerous situation and you guys got to learn from it now Regarding about what also moved yesterday for some of you that we're not here or you missed it Let's just talk about some of the big winners. There were a couple of stocks that we did trade that did pretty well PETZ was one of them right there that one Had it was very similar same exact thing ran from like a buck to 270 and At least this one gave you a little bit of some movement, you know So if you didn't get stuck in the position on that nct y at least you could have got into this one That one actually did make a big move, but remember you can't go broke taking a profit same thing with this one a buck 20 a buck 90 The big news out there was obviously the GEG came out with some bad news in middle of the day I think they were running a little on a cash flow Morgan Stanley I think I was listening on don't quote me on this But I think that's what I heard bad news kind of came out on it. We've been doing really well on the bounce You know, I had a very good sweet spot on that stock right there. A lot of us did a nice little swing trade I got out a little cheap on that stock Regarding, you know the movement of it, but the stock obviously is not doing too well right now So, you know, listen, you can't go broke taking a profit. So listen, there's some buying opportunities We'll see listen the way the way you want to swing trade is you got to buy stocks when they hit all-time bottoms Anyway, GE is on the watch list on the short list right now All right now a couple of the ones that did really well going into the afternoon Crohn's my god This thing just took off yesterday right into the close one o'clock a reference to 20 20 20 only a 2380 Nice move even the last 30 minutes is where we all learn when we supposed to make most of our money That stock had a great great push out there ACB Another one great push you could see how the thing ran from 750 to 850 and a little cheaper stock That was a little bit was it a little bit of the easier stock to trade Hoya. Listen all China stocks that one did great You know and listen if you go back, you know to Go back to my YouTube channel right and look at last week's YouTube I told you the China stocks are moving now people always ask you like well How do you know they're moving listen? You know how I know they're moving? It's very simple because they all move exactly the same at the same exact time Okay, and you could see it's there's more people right now talking about it Oh, look the China stocks moving like yeah You know what we figured that out last week and people like well They weren't talking about until now. How did you know it? This is what you learn how to be why you need to be a day trader And then you learn how to swing trade and then you might even consider doing options trading So on like I said, I'm not sitting here. I'm a genius But the thing is that that's the experience that you get same thing with the CGC same exact thing another big big Mover right there. I'm going into you know yesterday That miss one AMR and was well the one right? Yeah, that was the other big mover yesterday They went from 21 to 23 all great all great trade yesterday. Everyone should have did pretty well and you guys have been trading the stock consistently this AMR and to it's been Starting to fill in the gap fill that stock right there All right, so let's talk about what's moving this morning because there are a couple of stocks out there China is doing Quantitative easing Wayne. Yeah. Well once again, that's exactly right But I'll tell you one thing Wayne the only thing I'll be very cautious about is that you know this whole US China deal Listen, we heard them break down. We saw the China stocks get crushed Now they're saying the deal might come to fruition. I was just on I did a radio show on on Monday. So listen Buy-on rumors sell on news. So it's an old Wall Street, you know slogan that everybody uses so But if they don't if nothing goes through they can be great shorts. So that's the way you have to look at it All right couple of stocks are doing pretty well. Let me talk about the best one. That's moving this morning Let's start off with The a and f okay now a and f At 8 o'clock this morning, you know, I know a lot of you already logged in about 15 minutes earlier This is the stock that we had first thing in the morning. You can work your way up on the chat There was only two stocks that I liked. This was actually one of them It was a little bit more on the expensive side on 2350 But if you got in when you supposed to in this morning Let me just fix this chart right here make it to a one-minute chart if you got in around 8 o'clock this morning You are 2350 you doing pretty well chances are you're probably taking a profit and leaving right now If it was up to me Thousand dollars a day is really what day traders really look for so anyway that one did pretty well Looks pretty strong going into the close. So but remember guys We're not looking to hit home runs base hits if you made money, you know, you could take the day off All right, the other one the BP th is gonna go back on the watch list another one that we've been doing really well with Be pth while you're not coming up. There you are The stock was an awesome stock. We made a lot of money with this stock right here Should I go back and go into history and look at it? There you go stock right there? We killed it this was actually one of our biggest winners last week and This one wearing from like $2 in one Effend a the stock ran to 850. I mean it got pretty volatile at one point where we couldn't even trade it anymore Because it went from 850 down to 550. You could see how crazy it is, but we killed it anyway She's moving again. She's moving again. Look at her. She's pretty there. Yeah, nice falstil flags everything everything's there So that one's also worked bone on the falstil list. Just be careful. She's not as tradable as she was Once you first started out another stock that's moving just a little concerned about the It's holding right here at these prices, but the stock's been pushing up a little nicely I threw that on the watch this because my list is really not that big and then BJ's guys, you know, we've been a big fan of BJ's Stock is not really a day trading stock. It's been more of a swing trading stock. So I know what happened It was a print here at 29. That's a pretty pretty significant sale right there It's testing that resistance levels back since last year. So I was a big fan of a BJ's and that's that you know the Costco's wannabe right there. I like BJ's not saying it's a wannabe. I don't know if that's a good thing or bad thing but BJ's you know, it's big store big company right there just went public recently and Took a really big hit. I guess because they did a secondary offering I think it was but but it's been a you know, if you got in right of when we were talking about it right around the $1922 price range, you know on that swing trade it's doing pretty well not really a good day trade though So I think that's it and then the GE on the short think that's about it anything. I'm missing guys I did not call out Josh's bgs club beat estimates 44 to 6 estimates sales. Okay. Well once again, that's it right there That's that's the magic word right Josh, you know, they want to beat earnings. That's how they you know That's how stocks are That's how they come up the stock price the P ratio versus book value, you know, I'm not here to teach you, you know But stocks values, but you know the money, you know, the That's how they actually figure out what the company's actually worth and that's why G is not doing too. Well anyway anything. I'm missing I did not call out Hoya, listen, you know, just be careful of Hoya Fernando because Hoya is a very volatile stock You got to be a very good advanced trader here at C2 if you're not if you're not one of our $1000 a day day traders if not a quarter million dollar day traders stay away from it. This stock is very very fast This stock will shake you out like you would not even believe. Alright, so be very very careful So unless you're a level 4 trader just because you think it's $29 you could afford it. That means Zero. Alright, very very dangerous stock. You got to be pretty advanced to trade that. Okay? Once again When we teach you our journals and you do your monthly journals and you know what your consistencies are That's where you go from there this the s s j well this stock. It's up pretty big, but You could see it's really not going anywhere. It kind of gapped up. It's kind of flat right here It's a cheap little stock. It's you know, it had a big move in half hours. We'll see how she opens up I'll put it. I'll throw it on the watch list, you know I'll throw in a watch list, but as of right now, you know, it's it wasn't really a good pre-market type of stock XXII two-week new high Stock got destroyed yesterday. I mean you can get a dead cat bounce on it I mean that stock you could probably look at it as it, you know very inexpensive stock I don't know how it's looking right now. The spread looks pretty big But and the iceberg orders over there in a matrix don't look too crazy, but that's not bad I'll throw it up in Ed that like that looks pretty good. You know listen, you're a great trader and you know how to pick them too So, you know that one looks pretty good. I'll throw it on there More than welcome. Alright guys, so there's our watch list. That's what we got going on We'll be back here at 2 30 for the afternoon just if you're a new trader here, hopefully everyone's sitting in back and enjoying it and Looking listening and learn is the three L's that we preach here and then hopefully just remember guys The reason why we invite you to the trading room is because everybody wants to trade doesn't mean you should trade and normally You're gonna know that is seeing what's what seeing is believing and seeing if people actually make money on it But remember sit back and just watch don't trade anything and then all the students here is CTO Let's show them how we make money. Alright guys see you back at 2 30. Good luck everyone. Happy trading