all right hello hello welcome to the stage michaels plural let's see we got
Andrew in the crowd perfect okay I think we're looking pretty good here
how's it going mike's all
we're mic now can you guys hear me Andrew perfect all right sounds good guys I
think we are getting ready to roll in just a minute here as people come on in
oh look at that we already got a hundred in here all right I think we are looking
pretty good to get going I know that we have more people joining up with us I
don't think Nick's able to make it tonight but I think most of the rest of the
group should end up on stage I did send out those invites I do believe I did yeah
this yeah those one out so we should have a few more people joining up with
us but hey let's get ready and let's get started because we got a crowd in here
Andrew you want to kick us into things yeah what's going on everyone whoever is
having an awesome Monday so far yeah in terms of the market this has been a
pretty wild start to the year we had over the first couple weeks cannabis
stocks doing very well I think that team is kind of flying under the radar I
think most investors they're really focused on the semiconductor stocks like
in video they are also doing absolutely fantastic yeah those stocks
again video the AMD's RMBS there's there's a bunch of good names in that
group there's been a couple times so far in these first couple weeks of trading
where it's almost felt like oh man like you know the the breadth of the market
is too narrow I'm seeing so many stocks that are selling off it almost feels
like I want to take my foot off the gas but then lo and behold the dips kind
of get bought in the indices they've been just continuing to move to the
upside so today was pretty interesting we got some rotations into some of these
under loved areas of the market like the small caps so just a lot more
participation today which was great to see meanwhile we've got China stocks that
are based like imploding overnight so yeah I think it's an easy market to
overthink things but by and large things are going pretty well for the
beginning of the year which is great and as I was looking through charts
today again like oh man and video looks like hey maybe it's running out of
steam but then we're seeing some rotations into other groups like I'm
seeing the the regional banks are actually looking pretty good and I'm
seeing some home builder stocks that are looking pretty good so yeah a lot
of rotation under the hood that I'm seeing and as much as I wanted to take
my foot off the gas at certain points the last couple weeks there's there's
always something to trade so on my side it really has been hand-to-hand combat
these first couple weeks they haven't felt super easy but overall things are
going pretty good see I pumped here everyone else has been handling the
market yeah that is really interesting appreciate you kicking us off there
Andrew let's bring it over to Vegas for some market sentiment hi everyone
thanks for coming and listening to all of us comment on the market I will say
you know what sometimes the market is tricky right because you see things
pulling back but I am liking the price action and really it's all I'm really
focused on is price action where is the money going because that's what's gonna
help me make some trading decisions I found today like for example a stock
like Nvidia very slow it broke that 600 broke went to 603 and just a
little bit over 603 31 but it was just very slow and I'm okay with that because
sometimes you want it to be a little slow to let things digest and let things set
up for the next leg up so I think you know I have a target on Nvidia this
week and I'll share that one night when we come back through the pics of the
market but you know Tesla the ones so hung up on Tesla they love Tesla but
you know right now I'm just not sold on it right now I wonder what it's
gonna do when the earnings come out will it do really well remains to be seen but
I kind of felt SPX was stuck in a range QQQ was kind of bouncing off the lows
today so I'd like to see IWM triggered today for a swing trade so like seeing
the Russell 2000 come into play so right now just being patient because it's
so easy to be lured into trades because everyone's seeing all these excitement like
SMCI last week was really crazy and everyone's like oh I didn't participate
I wanted to get in it's like you know what it was an earnings winner guidance
winner everything was great and look what happened to it today it ran all the way
up to where did it go all the way to 485 69 then pulled back so you know when
it pulls back and it's an earnings winner great opportunity to look for a
really good entry for an hour for a swing trade so don't chase the run-ups
because you're gonna get burned like that until you burn your capital so
just be patient is the name of the game with the market is being patient
you have to just be okay with it I mean I missed SMCI last week that I didn't do
an earnings play but I did a swing trade for this week for $500 I took that last
week so this paid me very well today and I was happy with that so you know
just wait I'm with it wasn't I kind of would love to have been in the trade
last week following the earnings but you know what it's okay I didn't want to
pay those premiums the IV was just jacked so just being patient right now
just that's the name of the game with training of the very patient because if
it you know how is the market acting dips I think buying the dips so I am
seeing dips getting bought across the board and some certain stocks so I'm
just gonna be patient with it and wait for things to set up so that's what I'm
doing sounds good Vegas appreciate that hey if anybody's in the Google Doc
right now I don't know Michael now if you've done this before any others just
cleaned it up I don't think been a time today and I just realized that as I
do not have it exact for the opening part the next am open part is not working for
me Michael NASA have you ever done that before I am a nerd with that stuff I'll
take a look can you post the link in our little problem coming in hot to the chat
right now and just for the audience we're talking about where we track all
this because we do track all of our performance on a weekly basis and share
that so we're just getting that updated from this past week so that we can
double-check to make sure because right now I do not have the opening prices in
for that data all right well he is taking care of that let's bring it over
to Nate to get some updated markets and even thoughts yeah appreciate it
everybody's doing well had a good day I'm gonna get start to the year of
course heard Andrew talking about semiconductors so I will not repeat
that I will just double down on it and say that it's been a great run great to
see it and definitely been participating as much as possible in that space and
what I would really like to see the day with small caps and so I know we have
some folks in the talk IWM but um I'll stay away from that and leave it to
them I'll just say small caps in general have been interesting and small
cap tech is been very interesting so I've been taking a look at you know
adding to my position there I utilize PSCT to ETF small cap tech in particular
for what that's worth but I just really want to see small caps continue to push
and you know have a strong year here we got a little bit weak you know last week
for example is a good you know bit of a microcosm had a nice push strong weeks
across the board but and all you know all positive but small caps lag behind you
know the cues and spy for example and I think even the diamonds so you want to
see them actually outperform and today it was really nice strong day there so
that and regionals I'm also aligned with Andrew there it's nice to hear that and
I mentioned a few weeks ago looking at REITs and I do think REITs continue to
be interesting as we kick off 2024 here and I've been pretty bearish on
the energy sector but you know oil might have caught I figured out you know a
support level here around 77 in between 775 and so XLE also bottoming out here
around 80 so it's interesting spot I don't know that we found a bottom
necessarily in the energy names but it's definitely starting to be worth
looking at again and kind of paying closer attention to after you know all
the selling and weakness that's been going on so out of my short there play
that nicely but out of that now and kind of wait and see mode and energy and the
energy space and yeah outside of that also just kind of in financials and in
general I mean it ties into the regionals and REITs I would say but if
you know we do get favorable markets moving in the right direction economic
conditions keep coming in nicely and you know kind of lining up for more rate
cuts I think we could see all of these sectors do well so so what I'm looking at
this week continuing in the same space is not looking at much in the defensive
nature at all looks like those sectors are selling out as people are going
risk on start the year so hopefully that pays off for everybody and yeah
look forward to getting into more picks this week thanks wolf perfect
thank you Nate good to hear from you as always paper games you ready to go with
some market sentiment yeah I'm sorry I missed the beginning but sounds like I'm
on the same page again so yeah very much focused on small cap mid cap event you
know he's your huge huge movement semis but probably not my focus at the
moment but yeah I think you know I think you can just look at today's
close spy cues diamonds IWM and that'll probably just tell you where you want to
be for the next week or so you know on my timeline I pinned or I didn't pin but
here I'll pin real quick there's this thing called the January effect and you
know that's this is seasonality for IWM specifically and and we're we're in the
heat of it seasonality for the rest of the market is kind of flat ish here so
I very much want to focus right in that area and I do agree you know like maybe
oil at bottoms who knows but we have earnings coming up so this isn't like
necessarily just this week but I think for like the next few weeks it might be
that narrative but earnings will tell the story right like that's that's what
it's gonna come down to you you know we have PCE on Friday we have GDP first
look q4 GP coming up on Thursday did I say PC on Friday first look q4 GDP
Thursday and really nothing between now and Wednesday so normally I'd say you
know there's not really anything to push the market higher since we don't have
any major like economic data but like I remember saying that just the other week
when we had like CPI ahead of us and the market just totally front-round the
entire move and like didn't wait didn't wait for it and I'm like huh well maybe
we're there right so I do like you know I do like seeing the market not pricing
in so many rate cuts I think that's good you know we were like 80% probability of
a March rate cut a couple weeks ago or a week or so ago I think we were about 45
last time I checked which is better right like not to say that we're gonna
get one at all but it's better it's a whole hell of a lot better than 80%
it's basically a coin flip at 45 so yeah I think you know you can look around but
I just the charts will tell the story to me looking at IWM closing out the highs
basically over for me resistance and the cues closing at the intraday lows and
and spy similar like that's it that's a story in a nutshell everything else to me
you know technicals like from a technical perspective is just gonna be what
aside from tactical sorry is gonna be earnings right and and any kind of
catalyst driven stuff so yeah that's kind of what it sounds like everybody
else looking at that's very much my focus right now yeah it's a good point
with that run-up and I even curious see how we continue to react to data
obviously we have another FOMC meeting in about a week and two days and a
lot of earnings going on around it so plenty to keep our eyes on good points
there paper okay Jaguar are you ready to go with some market sentiment here yeah
thanks for having me here wolf okay so in terms of the market we're now going
into the earnings season so the focus is going to shift and I'm really
looking forward to that because this is where we start to talk less and less
about the macro less and less about the Fed and many of the other things and
it's about what's happening in these companies and you know what the guidance
looks like and so on and so I think it's gonna be more micro driven a stories
rather than some big story at the high level that is just going to drive the
price action across everything in the market so having said all of this in my
in the prior space as I mentioned briefly that I think there is a setup over here
for the energy sector to start to turn around it's cooking but I think it's
gonna either it's ready immediately we'll find out if we can clear $78 key
resistance on the WTI crude oil then I think the entire sector can wake up
and we could see some really strong grain shoots in many of the names that
are sitting near 52 week low and then similarly one thing that I noticed today
this morning was a little bit of early signs of rotation back to health care
again remember health care started off with a bang right the year have health
care sector was off to a very very strong charters strong start for 2024 in
the first week of January but then you know as the JP Morgan health care
conference started to wind down after health care ran for almost two weeks we
started to see health care took a break and the money rotated back into semis
which was on display in front of us last week well today I started to see
that rotation back into the value groups again and health care is the
best of value group that's out there so I saw breakouts were happening in
IHI I saw some other names were sparking very good interest mark had a
very good note out Marcus trying to break out over here from the bull flag it had
a very good note out from Citigroup this morning in which they identified as
much as nine billion dollars to the upside to the total revenues estimate in
the out years and that is started to show some some improving sentiment we
have a bunch of other names Amgen was up nicely into a surgical is reporting
earnings later this week but they have already pre-announced we saw a lot of
call rolls today all as well we saw some large bulls were rolling call
positions and Abbott labs for example from February to April similarly it
happened in intuitive surgical and a couple of the names as well so I think
that there's a little bit of early signs of health care maybe taking the
leadership position again and while we saw some topping can the candles such as
SMC I and Nvidia and AMD many of these names gapped up higher sharply like big
time SMC I was up like 11% in the morning and then faded hard big time
and video same way AMD same way at one point these stocks were down rather so
I would not be surprised if you see some rotation back into value sectors again
energy is a value sector health care is a value sector staples is a value
sector and this is how the market will rotate and you could see some out
performance in those areas certainly would love to I mean the continued
outperformance has been prominent by the way just I mean we're gonna get to this
but I think this week was our most clear winner that we've ever had in our
competition I would just say especially on common so for the audience you're
going for a treat shout out to this this winner because they heavily waited we
ended up having a pretty crazy overall group return to them and their their
personal turn was really nice but yeah by the way just a real quick before we
keep going with market sentiment last week spy was up 1.74% QQQ was up this
past week 3.4% if you averaged all the picks given on this space you were up
15.77% so it just put that out there pretty nice outperformance about about a
thousand X by with that being said let's keep rolling here with some great
insights from the panel and keep your ears tuned because we're gonna start
giving out our stock picks for the week and please your own due diligence none
of these are there for competition purposes doesn't mean that person
necessarily is even taking themselves and oftentimes people go with a leverage
product because it's a competition on comments so just keep that all in mind
not financial advice let's keep going with the market sentiment over to Mike
Saul yeah you've embarrassed me by talking about how great I did on the
picture so you must be talking about me I mean it I don't know who else that you
could possibly be talking about so you know I you know you didn't have to
embarrass me like that Gav but now that you did you know I'll take my
accolades anyway let's talk about the market we're here to talk about the
market first so let's talk about the market before I start bragging about my
picks so S&P 500 as expected let's see when was I calling for the S&P 500 at
new highs about two months ago I started maybe a little longer so finally
got there right I thought it would get there the end of last year I should
have it didn't it was gonna get there early in this year that's fine you know
look we're all the board that doesn't mean we have to pull back it doesn't
mean we will pull back the strongest market will grind it out sideways rather
than getting a steep decline we talked about it last week mr. paper gains and
I echoed the sentiment about the breath rotating and getting all of a sudden
catching fire getting stronger that's exactly what happened as we popped up
into the the end of last week small caps also finally caught a bit and this
is good this is what you want to see this is this is healthy right it gives
people something to talk about besides the mag 7 which is still talking about
cuz all those stocks are doing well well most of them are doing well too right so
the video is still on fire Microsoft all flights or whatever it is okay great
so what does this mean for us you know now that we're overbought does this
mean that it's a short here well I think we do for a rest I'm not looking
for a crash or anything like that I think upside targets can still be seen
not really sold on but I'm happy to hear more from it from Jack was he he already
like what's really good about jaguar is he likes to you know he's a little bit
in the market sentiment and then he usually rotates back with some with picks
on what he talked about I'm not a hundred percent on board with what he
said about the energy stocks I think that it behooves the current
administration to keep energy prices down and I guess I'm a conspiracy
theorist I don't know I mean I don't think the earth is flat anymore I don't
think we went to the moon but I don't think that the earth is flat so I don't
know if I'm a conspiracy theorist or not but to me that's enough of a reason for
oil to stay muted I hope it's not the case because you know I I really like
Hess you know they're getting doing them the merger deal etc so yeah it
would definitely benefit to be beneficial if the oil would arise you know just a
little bit but I don't know what's what's going on with that so I'm not a
hundred percent on board I think that that for some reason it could be it
could be muted but I'm happy to be proven wrong on that so that's it you
know we're overboard we could we could we should be do arrests sooner rather
than later like you said we have the FOMC coming up it would be nice to
decline into the FOMC just to pull back I'm not talking about a crash or anything
like that but it would be nice to see some weakness into the FOMC to get a
little ramp after it or you know maybe we decline the first week we decline a
week out we maybe we start pulling back Tuesday Wednesday this week and then we
start turning back up next Monday or something and trying to run a little bit
but you know I want to see what happens if they don't cut rates right
you know I don't think anybody's expecting them to cut rates this meeting
but you know what happens when it becomes a reality and they really don't
cut you know do people start talking or based on what J-PAL says is you know is
he gonna say some things that may spook the market that maybe when wear ups
we're actually not gonna cut rates this year right and that will be you
know could that take some of the air out of the balloon that has inflated
based on the fact that we're waiting for a rate cut so you know that's all
the stuff I'm looking for but for now it's nice to see the small cap step up a
lot of opportunities and a lot of these small cap stocks and you know it's a
really nice tradable market so thanks as usual for having me on wolf and by the
way everybody I was just kidding about winning the contest I was just having a
little fun with the real winner they know who they are and that's all so I
know I did not win the contest all right so that's all thank you thanks
no worries thank you Mike Saul okay let's come on over to another Mike Mike now's
yes I'm pretty head down just cleaned up that head that spreadsheet but I was
listening and I probably want to repeat somewhat what some people were saying
but even though the S&P 500 in a cap weighted kind of point of view looks a
little bit overbought that's kind of just meaning that big tech and semiconductors
may be overbought and Andrew and I think paper said this as well what I'm
really interested in looking for a and seasonality is something that we get as
well is rotation into small caps right it's a very well documented phenomenon
that the beginning of the year you generally get a rotation out of the
thing that was doing the best last year and into some small caps and
essentially that's just rebalancing and then it's also why pay the tax on that
massive gain that I had in December when I can just you know deal with that
last year and then sell some and not all of the things that were working and
then redeploy that money into again generally speaking small caps so
something I'm going to watch because if you look at small caps or if you
look at RSP which is a equal weighted version of the S&P 500 so it kind of
removes the big leadership of those those giant names not only are they not
overbought but they're putting in really nice bull flags here have been
resting for since mid-December and just kind of consolidating sideways on both
the RSP and the IWM which again is in my opinion a better view of what the
average stock is doing as opposed to kind of the big winners and the IWM
today which I think was mentioned as well broke that bull flag a bit I'll put
something in the I think the nest I don't know if we even reason bird
words anymore because it's changed but nice kind of breakout on that a nice
breakout in the RSP so I would not be surprised to to Michael's point if we
are going to rest on some of these big cap names that are a little bit
overdone but because we're in a bull market we've been in a bull market for a
while as opposed to that kind of pulling down the rest of the market that capital
then gets redeployed into some of these small cap names so a lot of what I'm
focusing on when it comes to my algos and what I'm looking at is looking at
stocks that are breaking out of bases or have already been strong in some way
breaking trend lines but more in the kind of really high short float and
small cap names so again I think it'll be good if you're a stock picker I think
you may need to rest a bit if you're just someone who will only play the
invidious and apples and ghouls of the world you might be in for a little bit
of a chop but for us that don't really care what we're buying we're just
going for setups I'm really excited for the first part of the year anyway
perfect thank you Mike now's all right Jordan we're coming over to you yes sir
sorry I was a little bit late my bad but um I mean beautiful week last week
it's pretty choppy up until Thursday Thursday we got a nice little move
towards the back half of the day and then Friday just a beautiful day markets
making new highs finally it's nice to see but um I'm really interested to see
if spies gonna do a similar thing that Apple and Microsoft and TQ have done
which I've said this before but they all made their new highs and they pulled
back right obviously if Apple and Microsoft continue to be strong I mean
spies gonna continue to chug to the upside right but I'm really
interested to see if we pull it back after making these all-time highs so
looking for I mean today it was kind of a nasty candle just basically doji
back-and-forth basically filled the gap all the way down to yesterday's high and
we're just sitting here right so tomorrow's gonna tell a lot to me on
really what I'm thinking for the rest of the week whether or not we really lose
today's close and and get trading under that or we get trading over the highs
of today so I'm really looking for tomorrow as a bigger decision day if
anything's gonna happen if not I mean we got to wait till Wednesday right so
I'm just waiting to see what we're doing here we caught great moves to the upside
last week I mean that was just beautiful with spy running right I didn't think
we were gonna run as far as we did I thought we were gonna kind of do what I
was talking about do the breakout and then pull back on Friday but we just
kept chugging and trend was really strong all day so obviously was playing
that but now I'm looking to see if we pull it back so super interested I don't
really have I'm not really leaning either way cuz I really want to see what
happens tomorrow or the next the next couple days but either way spy strong
I'm not trying to put on shorts here I did I mean I'll play the intraday shorts
like I did today right I caught that lower high on spy that first lower high
of the day here on the five-minute chart and that was a solid trade but
the rest of the day was pretty choppy so I'm really I'm really not looking
to add heavy shorts up here I'm just waiting to see what we want to do kind
of after today so a lot of indecision for me I'm still kind of in a neutral
bias here but obviously after breaking out like we were all playing calls on
Friday right so it was a great day love to see the markets making the new
highs but I'm interested to see how we kind of trade into the end of January
here and start the next month so we'll see what happens I'm not I'm still
figuring out my pick so we'll see what happens there but I got smoked last week
on Tesla that was not good geez she's kept going down couldn't catch a bit
there so we're keeping an eye on her but yeah that's how I'm feeling I mean I
just love to see the markets making new highs my long-term is loving it
right we got SMC I ripping um what else what else that's about it I mean we
got we got a bunch of names obviously markets are just making highs so all
long-term portfolios are doing great so I'm really just sitting with that and yeah
we'll see what happens the rest of the week here beautiful thank you Jordan
that's gonna take us through our market sentiment portion of this get excited
for the stock picking like I mentioned beforehand we had a touch again we do
this all in Commons and a lot of people use leverage and items like that or in
Commons to get a little bit higher but this uh this stock picker did not
even need leverage to have our best return ever in a week on Commons of
course I am talking about it with a little Vegas up here on stage who picked
D whack and NVDX NVDX is actually double leverage in video so there was a little
bit of leverage there but D whack went up a hundred and sixty eight point seven
four percent on Commons that means between her two picks of D whack and
NVDX she had an average return of ninety two point eight six percent which is by
far the highest that we've ever had I believe by a very large amount so Vegas
congrats it's amazing job I knew when you pick D whack last week I was like oh
that's gonna go you know what I think it was the highest we've seen on the
panel for like over two years so that's really great I honestly D whack I knew
was a heavily shorted stock and I thought you know this thing's gonna
want to go and especially with everything going on with you know the
elections and the debates on TV and Trump's on tour I thought this is has a
chance to you know to really get going and obviously like to even today even
if nobody was in the trade last week I mean it had a huge move today like over
ninety percent profits today just on Commons I mean what a beautiful move
even after hours this thing's going so I think you know I'm gonna still pick
D whack for continuation because I still think that it's gonna go higher
and the thing is we have a lot of filings on D whack we know that there's a
lot of filings that have been filed like the 8k came out and so we're looking for
this to clear and go parabolic so if this can clear you know what if this
can clear listen this used to be $175 stock so if this does clear you know
$60 this will really go nuts so I'm gonna look for continuation on this one
this is room for a lot more if anyone's reading hmm you sure you don't want to do
D whack W first little extra yeah I've seen I've seen I've seen that but you
know what do you have W wasn't that wasn't as volatile for some reason I
mean I did see it and it was up today 69% so seems like D whack is giving
better turns but if you don't have the capital to trade D whack then I suggest
you know D a DW ACW is that still a good choice as well so I mean I could just
make those to my pick but I'll stick with D whack by itself and I'll still keep N
V DX because I really liked that Nvidia broke today 6 600 and didn't go higher
beyond the 603 31 but I still think Nvidia is poised to had much higher this
week if it can so I'll be patient and wait for it to make its move so still
gotta stick to the same two picks board of these two picks and just sit I'm just
sitting and waiting with these two my little poll here D whack and N V DX oh
wait till this tank and then I'll pick it up all right running it back with the
winning picks we've got D whack and we have N V DX thank you Vegas all right we
had actually a lot of other good picks though that came in as well I don't want
to understate them our second place winner had a couple a couple picks here
one of them it was a good pick but it shouldn't have been short unfortunately
but his other pick did really good a little PCT action here for Andrew which
one of 21% it gave him an average return of 5.59% across two picks also beating
spy and accused not too shabby Andrew what do you got for us this week you
what's going on everyone for this week my pick is MSOS and this is this has been
my pick since the beginning of the year for the last couple weeks I'm really
liking the way that the chart is setting up now so we have the
fundamental catalyst which is the rescheduling rescheduling of cannabis
from a schedule 1 drug to a schedule 3 drug so essentially it just means it's
less dangerous and there will be some restrictions that are lifted from some
of these cannabis companies because right now for these cannabis companies
they're pretty much operating using cash only they don't have access to
banking the stocks aren't uplisted to the really big major exchanges so
there's a lot of regulatory headwinds for these stocks so any lifting of
those headwinds is a really good thing and this group it's been pretty
bombed out for the last couple years but now if you look at the chart that
I posted in the nest what's really cool is when we got that initial announcement
that hey the rescheduling could be a thing that is the huge pop in the
beginning of the chart that I shared but then you can see from about September
to November we gave back almost the entire pop and that tends to be the
case when you have a stock or an ETF that has a lot of overhead supply
there's a lot of bag holders in it that's where you can see huge volatility
even as the assets trying to bottom out and then you can see there was another
really nice run in this thing from about November to December we got another
correction but it was actually a much smaller correction than the prior
correction ever since then now we're just kind of stair-stepping higher since
the beginning of the year so what I would love to see for MSOS is really
just build out a nice handle here I would love to see the price action
tighten up a little bit and yeah this looks really good and then not only that
MSOS I keep like a sector table that I look at for like your day performance
performance on a bunch of different time frames and right now MSOS is the
year-to-date leader so for this right now it's like you know my qualitative
views are matching up my quantitative process is matching up the charts
looking pretty good so yeah this is really just a group that I want to stick
with for as long as I can throughout 2024 so MSOS this is my first pick and
then for the second pick this is just gonna be something topical that I happen
to see an article about today Rumble the ticker I believe is RUM they just
had a deal I believe was with Barstool Sports and the stock had a really nice
move today I believe it was up almost 30% this is another one that's been
kind of down in the dumps and perhaps if the small caps are to lead a little bit
here maybe stocks like Rumble can do well so for this week you know my picks
are MSOS and also Rumble RUM do you want to go for oh you did MSOS okay perfect
I thought you were saying were you saying OS or OX I'll go with OX for the
contest but I'm yeah I'm long MSOS okay cool yeah no I saw someone comment
that with the checkmate gif I thought that was pretty funny yeah that was good
one yeah so I miss OX is double-leveraged MSOS MSOS had a pretty
flat week it was about a 0.8% down but it is up 25% year-to-date funny enough
you know MSO X even though it is a double-leveraged technically do you know
why this would happen like this it's not quite a double the move Andrew
because MSOS was down 0.8 MSO X was down 2.58 past week not really too sure yeah
I don't know I did just something I saw but a year-to-date it's also not quite
up double it's up 2% less than double I don't know these things are never
perfect but MSO X is the pick and RUM I like that RUM pick rum and dewack
already off the board it feels like a draft out here of the volatile picks
and who can grab them but yeah I certainly think RUM is gonna have a potential run
and looking good here in after hours man it's already up 40% on yesterday and
after hours today for today and after hours okay great to have you both Andrew
and Vegas we're gonna keep it rolling here over to the third place on the
podium dun dun dun back on the podium Jaguar analytics love to see it had a
short Nike that was green 3.25% had a long MATX that was green 7.08% average
return of 5.16% what you got for us this week Jaguar yeah it wasn't a type of a
week where there were a lot of shorts to be had last week right because
everything was just firmly green so I'm glad to see that Nike worked out okay
so for this week you know it's gonna be very hard to compare to compete to be
honest with you with D whack or NVDX or any of these or RUM because these are
the type of names that can go a hundred two hundred percent higher right out of
nowhere and so I'm gonna stick with my process and the process simply entails
basically focusing on the fundamental side and looking at catalysts and
whether they work out or not and so instead of going down to the chain of
finding the most speculative of all name just for the competition purposes so for
me one thing that I'm watching closely is that we have a lot of we have a lot
of defense contractors that are reporting earnings this week we have
Ray Theon on Tuesday that's RTX Lockheed Martin also on Tuesday and then
we're going to get Northrop Grumman a day after that and then we're going to get
General Dynamics Huntington Ingalls Curtis Wright so they're just a whole
bunch of them and many of them happen to fall within the category of my favorite
ETM which is XAR XAR is most you know spread out between all of these fantastic
companies and what I expect from across the board based on the channel checks
that we provided to our clients and Jack back in late December was we started
to see a trend that emerged with the inflection that was showing reacceleration
growth rate in Q4 mainly because it was exactly December sorry October 7th when
we saw the war broke out between Israel and Hamas which is still continuing right
and so we have not seen any kind of reacceleration in the growth rate from
any of these companies because they have not reported yet since that war
started but what we have seen is that when we look at the Department of Defense
Outlays and we look at exactly how the Pentagon budgets have increased and we're
seeing a very crystal clear trend where October was better than September
November was better than October December was better than November and
that trend should continue so I expect many of these defense companies that
will be reporting earnings later this week to post really good really good
earnings and so it's gonna be very difficult to find out exactly which can
outperform the other they are like five or six of them that are reporting
earnings this week so I am 100% sure that this pick that I have is not going
to basically beat any of the picks that we're gonna have in this panel
today right so I understand that this is entirely done for the competition
purposes but from a positioning standpoint and being practical in terms of
making money I'm gonna go with the simple ETF which is XAR so long XAR is
my first pick it could may only be up it may only produce two or three person
game maybe four person game if a lot of these earnings reports comes out later
in the week and end up coming in very very good and I'm perfectly fine with
that because again it's not gonna give you the home run but going with my
conviction so the first pick is XAR the ETF for all of these defense contractors
the second pick that I have is I'm gonna go back to what I mentioned before
which is we are I saw a little bit of signs today early on where the money was
starting to show early signs of rotating out of growth to value and the very
first spot that they went to was the healthcare sector but then it wasn't
just that I also saw crude oil went from being flat to finishing up with a decent
gain over 2% on the session purely looking at technically speaking if crude
oil starts to break out through 76 first target is 7830 if it takes that out then
I think we're gonna start to see some really strong green shoots emerge across
all of these oil complex there is one of the ETFs for this group is called XES
that's x-ray elephant s which you know s and so this is an ETF for all the oil
and services equipment companies so you've got your Halliburton Schlumberj
Tidewater FTI which is Technip FMC and many of the ocean earring many of the
other oil and gas equipment companies all in that ETF and what we saw late last
week was buyer of April 85 call options in XES we don't really see any kind of
option activity in this name but you will see this 4400 open interest sorry
not April March March 85 strike call options in XES a day after that call
option activity went off then we saw Schlumberj SLB post a very good quarter
last week and that is stock was sitting at new 52 week low it started to turn
around posted a very strong gain and that continued today with the stock
with a follow-up followed through up 2.3 percent today this is this sort of
price action is starting to tell me that the group is bottoming and I
think once we get a few more earnings reports within the energy sector with the
similar commentary that we saw from Schlumberj last week which was really
about how strong the capex environment is in the international waters I think
you're gonna see group essentially as a whole start to perform very well so
later on this week we have Halliburton as well as Baker Hughes HAL and BK are
both reporting earnings I expect to see from both of them similar kind of a
strong commentary that we saw from Schlumberj last week having said all of
this my second pick is to go long again a boring ETF that may only give me a few
percentage of gains but I'm fine with that we're gonna go long XES XES so
again the first big is long defense ETF which is XAR and the second is long
energy oil services equipment particularly ETF which is XES in both of
these cases their components are reporting earnings throughout this week
and I think those will be very very good and that is from me it's super
interesting I definitely could appreciate the approach of wanting to give out
solid picks regardless of competition I think that you know these picks you
never know what's gonna perform well right and what's gonna win potentially I
will also say I had Tom Basso on a space this morning for those who are
familiar with Tom and I was asking him you know what are you trading right now
he goes by only trade ETFs I was like oh that's interesting so he'd probably be a
fan of your picks that you just threw out there he's the author of the all
weather trader great guy and he'll be joining us on spaces this Friday
actually so a couple a couple interesting pieces to think over there
but yeah super interesting there Jag I love your thesis as always you put it
really nicely and a couple of S&P ETFs I fully expect I fully expect to come in
last in this competition because of that yeah so huge fan of OAH by the way
yeah but that we we do trade in this one we have won a couple so there's OILU
and OILU is a 3x leverage it's not the services sector I know but it is the I
forgot there is one I'm trying to find it for you there is one that does do the
services piece see see I think I think we have done this maybe a couple times
and last year as well during the picking competition I would never
recommend anybody buying something that I would not be interested in buying myself
right and so I I don't really trade the levered ETFs I know because for the
competition we like to go into the routes of 2x and 3x right and so
look for competition it may work but I would never actually own those I would
never trade those they're not they're not they're not yeah nobody's yeah but
you get the point right so oh yeah it is a good one though I like that beautiful
thank you both with that being said paper would you like to go next oh sure I
will take this opportunity to snag me I'm gonna I'm gonna pull a Jordy and I'm
gonna double dip I'm gonna double dip since I can and I love it I mean I don't
think anybody's taking this yet I'm gonna double dip me TNA long and TZA short
let's go be let's go when up I had a feeling TNA was gonna be in there I
just didn't know he's gonna double down I'm double I'm double down hard-pressed
TNA long TZA shorts all day I will say you know I thought I will have to a
Jaguar and and say one that is probably like one of the best frickin frackin
looking charts I've seen in a goddamn long time it would never win this
competition in a million years but I'm just gonna say this right now Disney is
one of the best-looking charts from a swing perspective I've seen in a long
time I can't believe that I'm saying it out loud but my god it's like I mean it
looks really really good probably a little too good to be true and then I
see Evan tweet this thing that like Disney has released something called a
hollow floor I'm like why why why why is Disney releasing some kind of tech I
don't know what's going on right now but side note yeah Disney looks amazing
usually a pairs trade against Netflix but it would never win a competition
very nice I would say just a quick note here because somebody asked from the
audience all pics will be posted at the conclusion of the space so keep that
in mind I've got all the pics noted down we've got TNA long for paper and TZ a
short hammer in it back another week okay really good stuff paper you got any
other comments double hammer love double hammer double hammer perfect all
right thank you to paper gains there let's keep it moving up here we had our
algo man who missed last week but he's back this week that would be you
Michael now's yeah it's good to be back now you know Florida was better than
Canada so I'm freezing my arse come back down I'm down here right now I was just
Fort Myers given some presentations on using algorithms for investment so very
suitable to what we're chatting about today so as always just like to give
the the premise that while a lot of people are doing these pics based off
some kind of fundamental reasons I don't so if there are any of these names that
don't make any sense from kind of fundamental point of view that's that's
kind of my design I avoid the news as much as possible I have some algorithms
that I built and I run and they spit out a bunch of names and I know have
some kind of statistical edge and then I filter those out by eye with my
experience of charts and a C and T so you know where most people will do
fundamentals and technicals I do quantitative and technical so don't know
a lot about these companies well one of them I do just as I've traded a few
times and they're all in the little chat the purple bubble down below if you
want to take a look at the chart so when I was going through the
algorithms this time I wanted to focus on what I talked about before which was
small cap companies that were both small cap and had a short a pretty high short
flow because I believe that's what's gonna be the winner over the next couple
weeks to a month so these are names that I'm looking at myself first ones a
therapeutic company I think I actually won the contest with this one before
and that is TGTX again I'm not too sure on what it is they're actually doing from
a therapeutic point of view but I wanted to point out that they are a
therapeutics company just so people know that these are incredibly volatile so
for me that just means to size accordingly right I'm never worried
about trading something that's volatile just because I can buy less of it
right and all if I'm right I'll make the same and if I'm wrong I'll lose the
same I just size it based off what I know it is so full disclosure I actually did
buy some of this one on the close I'll always tell you if I do that main reason
is based off the chart that I've shown you draw an anchored view app from the
lows it's bounced off that a few times one was right near that gap and then it
had an amazing run and now it's come back down to that 15 area that it's
found support before and the anchored view app there and again a 23% short
float on that one so I think if this gets going with you know some good
volume then I think we could get some continuation maybe it takes a shot back
at that high which gets us to around 22 through that we might get some short
floats nervous next one here is kind of the king of the short float play
right now that bed bath and beyonds never coming back and that is carvana so
trade ideas is showing a 40% short float on this name recently had a run from 40
up to 60 and then has pulled back nicely and had two breakout days of that
downtrend line again you can see in the little chat there very very nice look
here was actually the trade ideas created a week this week so I know my
buddy Steve who writes those likes this as well very nice push-up and a nice gap
that it held today so one thing that I like about today's candle if you want
to look at individual candles is that when a stock gaps and then you don't see
a lower shadow on the daily candle it just means that as soon as it gapped
that there was buyers in that name and they were never able to fill even a
percentage of that gap the open today is pretty much the low of the day again
just meaning that the moment the stock opened people were buying this thing up
and I really really like that one again that combined with this massive 40%
short float so nearly half of the entire float is borrowed makes me think
if we get some continuation on this one then tomorrow then I think it could
really get going so for the contest I know we just take tomorrow's open but
for this one my plan personally with my own money is to play around this $50
mark we know markets are big and they like psychological hole in half numbers
$50 mark is a pretty interesting one if we get through that with any kind of
volume tomorrow I'm gonna be in on this name I think absolute worst-case scenario
you have that swing low around 40 bucks but knowing me I'd be out well
before then so that's e GTX and CV and oh boy a couple more volatile guys out
here we've got tgtx and CV and a I have seen people multiple people win this
competition with tgtx and of course CV and a we were trading it this morning so
I was watching that one fly all over the place it was up 10% and then it was
only a three and a half percent and then it finished up seven and a half
percent all over the place crazy it's actually down year to date so let's see
where it can continue to go but some fun pics there from Michael now's thank you
like mouse all right Mike saw you want to get yours in yeah so a couple things
surprisingly I did not get buried last week even though I was I faded I
faded and VDX by going short but TNA saved my bacon so a couple plays for this
week first of all I'm not doing this just to fade Vegas I promise but D whack
is is insane right it's above it for standard deviation on the Bollinger's
it's at like an 11 ATR it's just way way way overboard now the
problem with this stock is it could you know go to 150 right I mean I don't know
could triple and you know so anybody with half a brain and it's questionable
if I even have one of them if I even have half a brain would probably take
this with with options but since we don't do that here we do Commons the
first play is gonna be D rack short I just think it's way way out ahead of its
skis I don't understand that okay I mean Trump has been the lead pipe cinch for
the candidacy for months now all of a sudden now because DeSantis dropped out
that's the reason like I I don't understand that that's for the reason so
I'm thinking it's gonna deflate and come back to earth so D whack short is the
first trade also I want to say something about Disney Disney mr. paper
could be reacting to DeSantis has lost right because you know he's the he's
Disney's arch enemy so the fact that he lost maybe Disney maybe that's who I
didn't even think about that I just I auto I auto like go to like Disney and
Netflix Paris trade typically you know Netflix reports they do bad it's good for
Disney Netflix does good it's good for Disney but like yeah I didn't even think
about you're right you're right Mikey you're right yeah yeah a very nice
looking pattern and look I mean all in full disclosure my kids all on Disney so
their grandfather was very nice to them and bought bought all his grandchildren
all six of his grandchildren Disney stock when they were born so I'm
I'm a Disney ruder so anyway but that's I'm I don't know that's neither here nor
there there's nothing to do with it you mentioned Netflix wow what a beautiful
setup that is too I was looking at that that has earnings I believe tomorrow
right and then Tesla does Tesla earnings Thursday is what I'm seeing can anybody
confirm that Evan Wednesday Wednesday so what is Netflix Thursday next week is
Netflix I believe there is it this week is it Wednesday is tomorrow tomorrow
yeah okay okay anyway so I just look it's very tough and you know Jordan and
you know may sneak into my house at night and slit slit my throat but you
know Tesla does look pretty crappy here and it's it's not it's showing extremely
wrong you're not wrong trust me it's showing extremely poor relative strength
it and you know it's just so tough in taking these ahead of earnings because
you never know what could possibly could be said but that being said it to me
you know it's breached the 78.6% retracement of that little swing up
from the October low which tells me that on a technical basis it's going
back to at least that October low if not an extension of that which would be down
to 175 and change so I'm doing two shorts this week I'm going D whack and
I'm going Tesla short and obviously wolf has said a million times not financial
advice etc etc etc etc etc but with all these stocks you know except for Jaguar
who gave you know the 700 million disclaimers that he's not going to win
I think the funniest thing will be when Jaguar wins next week right because all we
talked about is how he says he's not going to win because he's giving boring
stocks but you know if everybody else is training all this volatility and flying
around with all this volatility you know the the tortoise sometimes wins
the race dude so you know you never know but anyway but you know I know
wolf says all the time not financial advice not all that but you know with
stuff like this with like trying to short D whack with commons or even
taking D whack with commons at this point right or trying to short Tesla into
earnings just you know just just be careful just that's all but anyway Tesla
short D whack short for just for fun and games because we're in a contest and
we like to brag when we win hooks although I have to say that Vegas was
much more humbler much more humbler much more humble than I would have been
had I had the return that she had this past week which I hope to have this
week anyway that's it wolf I'm surprised nobody has called out any crypto equity
short yet with Bitcoin slipping below 40k anyway sorry about it no you're good
Mike so was there a second one in there I'm sorry I know that D whack short and
Tesla short got it two shorts D whack and Tesla short D whack short Tesla hey I
love that we have both sides of the D whack church because my expectation is
that that's gonna be a big mover and so we're gonna have a big move in one way
or the other this coming week all right very nicely put there all right we got
two more to hit and then we got a fun space with Leah that's gonna be coming
up in just a few minutes let's go over to Nate for your picks yeah great picks
this week thanks wolf and similar to similar sentiment to what a few of the
comments made like jaguar is all about fundamentals we've got the analytics
and you know then we've got us using charts and doing the TA right so I'm I'm
purely charts I don't I don't mix mix and match with fundamentals too much just
looking at charts and the two I'm looking at are the same two I spoke about on
the live stream yesterday because of the the setups they're just really nice
here so blackstone BX is my first pick going long blackstone we've got
earnings coming up so I don't usually trade through earnings but so be it
this time around the reason I like it here is there's been a fat volume shelf
at 115 that's also you know right on right in line with prior resistance which
we just bounced off of last week and so really nice support level showing up
there which is also showing up where the 50-day moving averages so nice bounce
off to 50 our side just went above 50 itself so all of these things telling
me blackstone wants to push higher heading into earnings and with the
strong earnings report I'd be targeting 132 so that's my first pick blackstone
ticker BX and second is palantir so obviously palantir can make some moves
and we had a nice move today big gap up and the reason I like this ticker
here as well is the anchor B watt from his lows back in May just bounced off
of it twice recently testing it also right out of volume shelf right here
just just below 16 call 1575 and then big gap up today it did reject off its 50
day but I think we're gonna see it continue higher so palantir for big
moves higher should be interesting definitely high-risk high reward there
and and then BX blackstone into earnings keep it short and so we can roll on
over I think we haven't heard from Jordan so I'll make sure it gives up
as well BX as well as palantir both locked in thank you Nate always great
to have you on Jordan what's on your mind sorry you get you get you get last
here but I hope you have something good for us though oh no it's okay it's
okay you know I want to short this market I'm not gonna lie I do I want to
short spy but the trigger is just not there yet it could come tomorrow if it
comes tomorrow so be it but I'm not gonna do it I think if I want to short I
think the better setup that I see is on end phase and for solar so I'm gonna go
for that it's we're just popping up back to the daily nine EMA is on both names
basically back through the gap just hard rejection off both EMA is here so
I'm looking for lower if it can't go higher and it tried it's got to go
lower in my opinion or be just consolidate and I get you know break
even on the week so I'm gonna go for that scratch the itch on the shorts and
and yeah we're gonna wait to short this market until it actually triggers for us
it just if we were to tomorrow break below and close below today's today's
low a day I mean that would be a nice little trigger for me so I'm not gonna
do it though we're gonna go for M phase and for first solar short on the week
I think they got some solid that they'll uh they'll do solid too if we like get a
nice move down the percentage wise so we're gonna go for that short EMPH and
short FSLR yes sir yes sir I'm just torn I want a short spy but it's I'm not
gonna do it when there's no trigger yet so sounds good sounds good all right if
you missed them these are the picks for the week our winner from last week
with the highest return that we've ever had in a week was Vegas with Dewack and
NVDX and she's running them back this week's picks we've got Andrew with MSO X
and ticker rum Jaguar with X AR and X ES Michael now's with TGT X and CV and a
paper games had long TNA and short TZA Jordan just went he had short in pH and
FSLR Nate had long Blackstone which is BX and P LTR and Mike Saul tiny real had
short Dewack and short Tesla I want to hear from the audience who do you think
had the best picks of the week and where can you find them all I just
posted them to my page so they're on my page last week go tell me I guess I said
here's our yeah here's our stock picture of the week from tonight's
space yeah it's perfect go tell me who do you think had the best picks from the
week who would you like to see winning this one the post is up on my timeline
thank you so much to the stock pickers across the space we have one more
fantastic space coming up right here I think I asked several of you to stay on
for it so if you're free definitely stick around we're gonna talk about one
of the most important areas of trading here and that is of course trading
psychology because it doesn't matter if you have in your mind what you're
gonna be buying if you don't know when to buy when to sell when to hold and how
to control all those emotions it's all for nothing so with that being said the
perfect follow-up to stock picks is of course trading psychology let's get
right into that no Jordan I see your message you're all good you can stay
where you are let's get going Leah how's it going can you hear us loud and
clear yes I can hear you can you hear me we've got you it sounds great right
yeah let's get right into this so I'm gonna go ahead I'm gonna put up a post
real quick just for people to get a little bit more information because what
is trading psychology how should I understand that all that stuff we've
got all the details for you that's just been posted to my page I'm gonna pin
that up to the top of the space and let's get rolling so we'll let's kick it
off with yourself you know what is trading psychology people just heard a
bunch of stock picks from different people that they trust but obviously
it's implementing them with a difficult part so what does it mean to you and how
do you study this well basically you can have the best stock pick and even the
best setup that someone gives you but if your psychology doesn't work in the
favor of making profits and you're your own enemy you will not make money in
trading why I'm saying that because when you are about to click the buy or
sell button your emotions are in place and you have to be able to control them
and manage them properly in order to actually execute the trades the way that
you make money not lose money and trading is scary it's unknown the market is
unpredictable not everyone can focus in the environment like that not everyone
can actually take environment like that right so being able to understand all of
this is very important it's a big part of success as a trader and I understood
it very early on because I worked as a marriage counselor for a decade before I
started trading and I studied psychology and you know it's very similar
when you think about the mistakes people make in relationship how you can
get impulsive the same way you can get impulsive with the markets and make
decisions and even if you have the best trading plan that someone helps you to
create which I do a lot with my students you still have these emotions
that are so tricky and they can manipulate your decisions and yeah so I
help people with emotional control and that's very important for consistency in
trading yeah I love it I think you hit the nail on the head there right it's
all about that emotion control again like you mentioned that's what leads to
consistency real quick something that we want to offer don't typically offer this
but if you're in the audience going to actually do it for free today
Leah put together this great little ebook with really the major mistakes
that you need to avoid specifically you know from a trading perspective and a
trading psych perspective so if you're somebody that is sitting in the audience
and you haven't already grabbed this beforehand again we've rarely offered this
we've done it a couple of times and this you know making me to do it one or
two more times if you haven't already I've just pinned it in the top of the
space it's the last tweet on my timeline I highly recommend going ahead
and checking out that tweet that's up there again it is free to grab and we're
actually I think Leah are we gonna do this again one person that gets it is
gonna get a one-on-one with you yes it's my present I did over 15 of them
last Christmas and I do this last time now so whoever signs up for the book I'm
gonna just pick one person I do it in fun way I put the names in a bowl and
I pick one name no idea who I'm picking and I will do one-on-one coaching with
someone on zoom yeah there you heard it so one-on-one coaching several hundred
dollars in value at least for somebody that goes ahead and just grabs that free
ebook that I pinned in the top of the space very easy to get to let's keep
it rolling here and by the way Leah also has proven returns she publicly
posted her returns from this past year where she made over 150 grand trading
with no major losses if you look through it you can see it literally day by day
let's keep it going up here and let's talk a little bit more I see sim coming
up so let's talk about it Leah you're looking at a trade you have the setup
done and you're ready to potentially get into it what's your mindset how are you
setting here's what I'm gonna get in here's what I'm gonna get out here's
what I'm gonna trim when you're sitting in there and you're up 10 20% how do
you decide hey I'm gonna stay in walk me through just all these different pieces
of the mindset that are so key to making this successful so you know once you
have the problem is a lot of people don't even have the setup ready they
want to get into a trade they do not have when to get out and they don't
even plan the trade so that's number one issue but even if you have all of
this then of course you're gonna think about the size how much you're gonna
buy people don't have risk management they oversize you know they don't
really understand the risk units how much to risk on each trait and if they
even have all of this in place then of course the fear kicks in right before you
open the trade you're like and what if this goes against me I deal with students
and most of them tell me we don't want to take a trade because we are extremely
scared of a loss and usually people are scared of the unknown right so if you
have a strategy that works and you're testing it out for a while and you know
that you are really disciplined and you're respecting your risk unit you know
how much you can lose so you have a defined loss you have less fear you know
because fear is usually coming from unknown so if you have your strategy you
know it works for you you're gonna be more self-confident to take the trade
so how you can get self-confident you need to practice and it takes a long
time it might take you years it took me almost three years to become
consistently profitable it's like any other profession right if you're
training to become a lawyer or doctor doesn't happen overnight and this is an
issue people have been trading they think just come to a market and next day
they're making money right it's not like that it needs the practice and once you
have practice and you start with very small size I'm even suggesting sometimes
for the beginners to straight with 10 shares or one option contract whatever it
is go small and be consistent with the size with the risk and once you see
that there is a pattern that you are really disciplined and you're following
your plan then you can size up why I want to talk about it because this year
is the first year for me that I increased my risk unit to $3,000 what
means that I can lose up to $3,000 on a trade it's huge because when I started
trading four years ago I would start with $300 risk unit which was like they
suggest you should do one to two percent of their account look everyone
has their own I'm sure here guys they have different way to man at risk for me
it was one to two percent of my account I was lucky to start with the
big account so I didn't want to do one to two percent because they would be too
much for me right so always work with your psychology if you have hundred
thousand dollars one percent is thousand dollars you might freak out if
you lose thousand dollars on the trade don't do it go smaller lose hundred on
the trade do it for six months who cares if you see that you're really
becoming consistent and self-confident you have some sort of a
strategy that works you can size up it took me four years to get to this
number and I know now for fact that psychologically I am not gonna freak out
if I lose three grand on a trade because I know that I will make the money back
because I know that I trade two strategies that work for me they work
for me for years and I know I can make this money back if you don't trust
yourself you will lose money you're gonna freak out more but in any case so
people should work with their own psychology trade a max losing one
percent of the account on the trade but if it's too much for you go lower really
like I tell people if you're freaking out lose fifty dollars on the trade it
doesn't matter because all you need to do is practicing paper trading I don't
know it doesn't work for me I tried it at the beginning if I know I don't lose
real money I don't really care I need to have some sort of emotions involved I
used paper trading only for learning how the platform works so I'm not making
mistakes when I'm trading quickly that I suggest to do really where it you know
where our hotkeys and where you buy we stop limit limit all of that stuff is
good for paper trading I suggest to rather trade with smaller amounts so
that's about sizing and risk beautiful hey Leah while we were talking I saw we
got sim jumping up in here sim always love hearing from you some good market
and trading psychology let me go ahead and just throw it right over to you and
get the rundown lately you know especially at all-time highs people get
real nervous sometimes with trading they want to wait go through different
pieces so I'd love to hear from you how you've been approaching the market this
year yeah absolutely thank you for having me on um you know one thing
that I think Leah touches on some fantastic points even for myself you
know paper trading was something that never really worked out for me I had to
have that emotional basis behind my trades I think that that's one of the
most important things a lot of people will sit there and they'll paper trade on
an account they'll say hey you know I'm up X amount since I started with this
paper trading game let me go ahead and risk real money now there's a huge
difference in that for myself as well when I first started paper trading the
only thing that it taught me on specifically on the thinkorswim
platform is how to practice execution and what I mean by that is really just
how to be able to utilize the platform in itself right how do I buy how do I sell
how quick can I be right is my timing right all of that beside that though the
money-making aspect of it as soon as you switch over to real money everything
changes for you all those rules that you have essentially go out the window
so I think that's a fantastic point to first start off at for myself as well
I always believe that any good trader has to have a defined risk every single
day I talk about this a lot because when I first started I didn't have a defined
risk and everybody would say well you know well what is your sizing and my goal
was to make $200 a day but where was my risk where was my you know if I had a
drawback what did that entail and what was my end-all be-all for the day
meaning if I'm taking three trades per day and I lose on two and I went on
one do I continue trading or do I not I never had a maximum drawdown so it
wasn't really until I adopted essentially having a proper risk management profile
with the correct position sizing that I really started making money in the
market one thing that I will say is making money is just one aspect of the
market it's really about keeping it and that's what your risk entails you have
to understand that risk is there's two parts of it making money is one aspect
and then keeping that money and your risk management your position sizing
that's what helps you keep that money because I can you know go into the
market tomorrow and I can scalp SPX every single day for 5% and tell you guys I
have a hundred percent win rate but where's my downside risk at right so if
it doesn't apply or if it doesn't exist for me essentially I'll be playing
catch-up all day if I'm risking 20% to make 5% for me that's a negative
risk-to-reward ratio right so you got to have that risk-to-reward ratio you
got to have the risk management involvement you also have to understand
your position sizing and know how to adjust the position sizing we would
love to get your thoughts on that I love it yeah I always tell my students you
know look at the chart and see where the stock has a probability to go a lot of
times people saying oh wow great chart but no because you have warming averages
about they have huge supply about you have a lot of resistance is about and
then you're risking $500 to make $200 that's an awful risk-to-reward ratio
exactly same set that's very important to mention because then if you lose on a
trade like that and then you're taking this this kind of trades that have much
bigger risk than reward you know you're gonna have a hard time to make the
money back so I ideally you find trades they have a space to run they have a
space to run faster than nothing I always say nothing stands in the way
of the trade and you have very low risk and that these are the best trades to
take so yeah that's that's a very important topic to mention yeah thanks
Tim yeah really well put there love the back and forth here Nate do you have
any thoughts on this topic as well yeah I think it's great that we've got this
going on here and I will say this is a maybe the second or third time I've
been fortunate enough to be on with either Sim or Leah talking about this
and so appreciate the opportunity for sure because you know if you haven't heard
Leah talk about this or Sim talk about this they are two of the best at it
right like you might hear a lot of trade I mean obviously you get a lot of trade
talk and a lot of investing talk but getting into the nitty-gritty of the
trading psychology is something that requires a lot of experience and the
ability to to like to conversate about it the right way and kind of poke at the
right things and you know have you focus on the you know like I just said the
right things and and so these two are very good at it so for what that's worth
just want to put that out there and I think you know for me and probably for a
lot of traders early on this is the this is a topic that you kind of tend to
ignore right okay I'll get to trading psychology I've got to work on getting
a trading plan and trading strategy and you know understand how execute and all
that well of course you're gonna do all that it's that's super important but you
will undoubtedly if you're if you're winning you're not gonna be winning as
much as you could you will be you know underperforming what your actual optimal
you know peak performance would be if you're not really taking a look and
taking a step back of looking at trading psychology and if you're
struggling and you're not able to you know keep the winds rolling through
almost undoubtedly it's the fact that you're not able to have that mental
discipline and it shows up in different ways right shows up with just ignoring
stop losses not taking profits when you clearly have identified targets to do so
and then it manifests itself in other ways right I'm curious if either of
you come across this where people just aren't they get frustrated because they're
not able to talk about their positions or their account because they're not
following their discipline right so it's like this whole thing that feeds on
itself where you can almost make you make it an enjoyable right so that's why
this stuff is important in my opinion if you're in this for the long run and
you want to really be successful and consistent you know consistent really
being the keyword here you have to get the mental side of this down and it is
something that requires work day in and day out and week after week right and it
gets easier for sure because you identify things faster you recognize
things faster but it's a constant and at least for me constant work in progress
because there's always ways to improve and so you know having these spaces set
up regularly and yeah I think I've seen you post a number of like webinars
and so yeah I appreciate you having those out there and I'd advise
everybody to take advantage as much as you can because the more you have
different perspectives on this front you know the more likely it is you're
gonna come across something that that resonates and it's gonna help your
training overall so yeah I know that's a lot of not very on point very
poignant points to make there but I do think that again taking my bit my
overall I guess message here is take time to figure out you know what it is
that you need to work on from the training psychology aspect and then
definitely take time to listen to multiple perspectives on that front and
especially those that have both proven experience and proven success on those
on those lines so yeah this is a great space we'll appreciate you pulling it
together as usual and looking forward to hearing more from Leah beautiful really
well put there guys one more time a couple of people DM me about where they
can find this if you would like to grab a nice free e-book which runs through a
bunch of the mistakes that you need to avoid while you're trading is
specifically mentally as well that is pinned to the top of the space it is my
last tweet and one person that grabs that and by the way it's not gonna be
around forever it's going away soon but it is free right now you can grab
it for another 10-15 minutes one person that does grab that today is
gonna get a free one-on-one as well with Leah and honestly you should be
checking out this whole panel as well we're so lucky to have Leah, Sim, Nate,
Jordan, Evan up here with us I mean Tim is always laying it out for us on these
spaces I just love it how she comes to play so Leah let me double back to you
for another comment here so people often do run into a lot of these
struggles and it's not a one solution fits all right like you were saying
adjust your sizing right because it's different for different people what are
some of the other things that you find are not quite one size fits all that
people have to sometimes through a little trial and error and maybe some
mentorship figure out where the right piece is for them when it comes to
trading yeah so I want to talk quickly about the comparison with marriage
counseling you know people generally want to fix something oftentimes they
don't really know what that is how you find out what that is is with
journaling that you have to really look at your trades and understand what you
did and why what was driving your decision to buy or sell and write it down
for a while and then talk to a professional talk to someone who can
help you to understand your personality if you can't get there on your own
because sometimes you know there are some negative flaws that are not sweeting
you were in certain part of trading but you can convert them and trade
different style so for example for me it was impatience I am very impatient and
it's awful when you want to invest I'm a horrible investor like I could be doing
so much better if I would be able to hold my investments for longer but what
do I do I do momentum trading and I do exceptionally well with that then for
example I get overwhelmed with too many things at the same time I get ADHD so
I cannot day trade well because that really bothers me like I can't decide
like fast like that right I start panicking these all took me about a
couple of years to figure out you know and there are a lot of those things that
you can actually say okay this is who I am I am not gonna now try to change who
I am because that's I'm gonna work but you need to be at least aware of it
and there is no magic formula that fix everything overnight I had this a lot
with with my the marriage counseling people came to me and they told in one
to fix their marriage but they didn't want to look at the negative flows they
have and what they are actually doing in the marriage how are they contributing
to conflict for example so oftentimes people don't want to look at their
negative flows because they feel very bad about themselves but understand
that these can actually help you if you analyze them understand them and we
find trading style for yourself and it takes a little bit of time it takes
a little bit of inner work and which people don't like to do they want to
just go quickly into trading without knowing themselves without actually
understanding what they want from trading what kind of lifestyle do you
want to live how much time do you want to dedicate what do you want to do you
know so these old questions you need to answer before you start and then you
have to adjust you know so I always suggest to have mentors I have my own
mentors too I had so many mentors when I was starting from psychology from
professional coaches to traders you know it's super important you have to
do the self-reflection who you are as I said you know and once you know yourself
and you know you adjust then you're gonna gain confidence because no longer you're
gonna feel bad about yourself for having impatience or having this and that you're
gonna understand how you trade and say this works for me the impatience
actually helps me to make money a certain way which like in my other
business I was very assertive you know I was getting offers to get hired by
private equity because I was super assertive and almost like very good
negotiation techniques and almost you know pain in the ass but that's what you
need when you're raising money right so yeah it's annoying quality sometimes but
you can take it for your advantage as well in trading perfect great answers
there Leah Sim I wanted to double it back to you for a second I love I
love your thoughts on that as well where people need to figure out for
themselves where that is but the number two I always like your your sit on your
hands kind of methodology if you want to go over that yeah you know there's times
in the market where I you know I see certain moves that are happening in the
morning and volume dies out and then I'm like okay well you know I'm gonna cash
as a position right a lot of people say well no it's not it is it is to me
right people say you know having no position is still a position sitting on
your hands that aspect for me is you know I think well we've been on space
before where we're trading and it's essentially you know you're seeing
everything that's essentially about to work out in your favor but you look all
of a sudden at your P&L and it's green and you like that dollar amount and you
start trimming right off the bat right no whether that's up like 10% 12% but
you have a bunch of room to go so I always say sit on your hands for me
that is essentially let the play play out a lot of people get stuck in this
notion of they see the green and they start getting excited about it and they
just want to take the profit right for me it's really letting the play develop and
letting it develop for me is essentially sitting on your hands don't don't touch
the mouse at that time right wait for that play to play out if you have an
analysis and it's built in your mind and you know exactly what that is and
you're saying okay well I'm watching spy right now and let's just give a
hypothetical situation let's say spy is trading at 470 and you see room to 472
if you're seeing room to 472 at that time and you go ahead and get in on that
bounce at 470 what are you gonna do are you gonna trim alongside the way yeah
absolutely like that's something that I'd like to do if if I see some I'm a
tape reader and I read level 2 so if I see that there's certain amount of
supply that's coming in my way and I'm in specific zero DT expiration contracts
and the data is gonna set in if we get a little pullback yeah I'll take some
profit along the way right and I'll set everything else at break even but what
do I not do I don't just look at my P&L and it's green and start taking profit
right away it's really about watching where those levels are if supply is not
in your way why why sell the position right yeah I mean every single second
that or millisecond the market is changing but the markets like an open
book I always say that when I'm reading tape in level 2 it's showing me exactly
what's about to happen right and as long as I can read that and understand it
I'm able to understand where I need to be trimming at or where I need to fully
even cut the position at but a lot of people get into this watching their P&L
while they're trading this took me months so I'm not saying that it's
super easy but when I get into trades I don't look at my P&L anymore I trade a
rather large account so I think that you know people say well you have an
exponential amount of money to trade you have a lot of buying power so it's
easier for you it's actually harder it's not easy to stomach when you're down
twenty thousand dollars on a position right and so for me I make it very
simple if you know whatever I take number one it's quality trades over
quantity so what I'm looking at is where the quality trades at if there's ten
trades I'm looking at what are the a plus setups within those ten and if it's
only two of them then I'm gonna take advantage of the two of them and when I
get into those trades during that time I'm a level-based trader I'm looking at
certain levels I'm looking for where this demand is coming in where the
supply is coming in where demand is holding where our bids holding at or
where are we flushing at where do we see that there's stack sellers that are
coming in and reload sellers where we're not able to get above a certain level
those these are things that it's like a surfer right I always talk about this
analogy and I love repeating it because it's for me it's just one thing that I
always think about surfer doesn't take every single wave what do they do they
wait they wait for the correct wave setup so for me it's like a trader a
trader waits for the correct setup every single day you don't just jump into every
single trade the same way a surfer doesn't ride every single wave right and
you you have to understand that coming into the market on a daily basis and
you and that scared kind of mentality or that fear it quickly goes away when
you have a defined risk if you know that your end all be all if spy breaks
underneath you know four sixty nine point seven and that's gonna be in
bids are flushing and you see that bids aren't holding then that's gonna be your
exit during that time now one people sometimes people get stuck in this in
this mindset game of you know sitting there and just dwelling right dwelling
over the last trade for me I gotta make adjustments real quick because while
I'm sitting there and I'm sulking and I'm pissed off at myself for being in that
trade that was a losing trade there's ten others that are going off on the
right-hand side that I'm not even looking at because I'm so divulged and
pissed off and upset at myself I'm taking the trade that I did and not
succeeding in it so I call it the next mentality you got a snapback real quick
right and that's all about being a good trader that's all about you know having
that correct mindset but I'm gonna tell you right now was that me in the
beginning of training absolutely not I was rash I was absolute terrible at like
trading psychology and all of that everything that I'm explained to you
guys right now is just really just based off of my experience in the market I've
been there where it's hard to fathom those losses it's hard to look at
yourself at the end of the day and say wow I lost $2,000 that could have been a
paycheck right it's very tough to going back to what you guys were
talking about in terms of journaling really really important I used to journal
all the time but I noticed that when I was journaling I wasn't very honest with
myself right so journaling is great but you got to be brutally honest with
yourself and what I mean by that is always have your rationale of why you
took certain trades and look at the end of the phone for me I used to look
on a Friday and see what trades worked out in my favorite on what didn't what
was my rationale behind the trades so what trades worked out for me the
correct setups right the ones where I saw that bids were holding and buyers
were coming in super heavy above the ask and at the ask that was a trade that
worked out for me a double bottom maybe that worked out for me bull flag that
worked out for me what didn't work out for me full mowing chasing the bull flag
that I thought was a bull flag but it was a bullshit flag like these are
things that didn't work out for me but in order for you to really benefit
from journaling you got to be brutally honest with yourself because I
could easily just write in there that I saw a bull flag but it never existed
so I think that's a big part of the game is that being so brutally honest
with yourself and understanding that you are the safety of your account
right you're not going to just jump into a bunch of contracts without
clicking that Bible and you're the safety of that account and you know
that's your trigger at the end of the day right you have the the ability to
either pull that trigger or not do it
Leah would love to get your thoughts on that
yeah I want to also quickly talk about when I started I was the same I was a
total wreck I never forget when I lost my first two and a half thousand dollars
on meta it was somewhere in 2020 I couldn't sleep the whole weekend I was
miserable I was making everyone around me miserable yeah so but after a while
when you really get used to trading you're gonna have less and less of
those emotional outbursts and it's all about the the management of the trade
and the defined risk and knowing what you're doing after a while you get used
to the losses you're not gonna you know like even the best traders have 40%
of losses oftentimes my last year I was actually great at it's funny 69% win
ratio this year was starting a little bit crazy when you see the market choppy
as sim said sit on your hands not only entering to trades but also when
you're in a great trade stay in longer if you have a hard time as she said don't
look at the P&L I'm doing this as well and also I have the R system when I'm
risking certain amount of money and then I'm up for example two hours I will
take half off and I will move my stop loss to break even I'm trailing the stop
like I do it manually you can do it also automatically you can you can do it
on your broker as you wish that also really helps to juice more of the trade I
like to do it manually because when sentiment changes I like to act fast I
don't day trade as much but when I do I also look at a tape is excellent I have
to do more studies on that it's a very good knowledge that it required that
really requires a special brain for that to seem cheers to that that's
amazing yeah and so these are all the things you will learn and you will be
also looking at your mental state when you treat it you know when you trade and
lose money don't forget about the mental state you were trading it write it down
where you tired where you upset something happened you haven't slept well
you're sick you know oftentimes we are feeling like crap and we go trade
because we want to forget the world around and guess what you lose money
and then we feel even worse because you already feel like crap and you lose
money on top of that so these are all the things we need to know and write
down and learn and a lot of them are in my ebook as I said guys grab it free
wolf just posted it is really fun it's written really simple
I brought it myself I don't use chat GPT when I write
books I published many books on Amazon so yeah pick this one for free I hope it
can help you that you can at least avoid the
mistakes that I made when I started trading and hopefully things can get
better for you and as I said end of this week I
will pick someone from all of you who signed up for the
book and I will reach out to one person and we can
schedule one-on-one zoom call and I will try to help
with with whatever it is around trading boom there you go this is uh we're
gonna go through some final comments so this is last
call if you would like to grab the free ebook
before this is over and it may not be free
in the future it is the pin tweet up top it's the only one it's the last one
on my timeline as well I see a couple hundred of you
gone in there and again one lucky winner is also going to
get a free one-on-one session with Leah so hopefully you're the one that gets
that let's roll around the panel oh and
if you can't find it by the way just DM me
the word trading and I will send it to you but do it within the next
minute or two so I know that what you're referring to
all right with that being said my ideas are open everyone uh Jordan
I don't know if I've heard from you did you have any other comments or thoughts
you want to share on this topic and how it's kind of helped you
I just love to talk about sizing because sizing is
like directly correlated to our emotions right the more you size
relative to your account the more emotion the more sensitive your emotions
are going to be right and the less you do
the less sensitive right so I think something to take here from
the whole conversation is just when you are sizing up take it slow
especially if you're just a beginner I mean there's no need obviously you see
on social media that people are making a ton of money and
it's really exciting but you got to start slow
right start where the emotions aren't even hurting you right one contract
right and you just see how that moves and you trade consistently with that and
you slowly you slowly size yourself up right and
you slowly add the sensitivity on to your emotions right
so I immediately think when I say that I immediately think of like a video game
when you first start out right and the sensitivity is super slow and you got to
get used to the game and then once you get used to it
you really bump that sensitivity up so you can really move around better right all
my gamers know what I'm talking about but uh yeah just love the whole
conversation I think it all comes down to sizing at the end of the day
I mean that's going to that's going to really be your tolerance right how much
your sizing is going to be the tolerance of
what you can take and what you can risk on that trade so
it all comes back to sizing at the end of the day and uh and yeah great talk
with Leah and sim you guys are awesome really well put sim did you have any
other comments or advice for the audience
yeah absolutely um you know going back in terms of sizing
this is something that I always talk about because it used to happen to me
all the time um I would size up you know during a
position and I would uh in this would be particularly in the
morning at the open and let's just say I take a loss on that
trade I'd be pissed off because now I've got to play catch up and I got to go and
you know find another trade but the fear the fear would kind of
send in right and there's two different aspects of
there's a fear in the greed aspect let's talk about fear first
so for me it was that fear of you know okay I want to take another trade but
you know I'm going to size down and that would be my freaking home run
but because I size down it wouldn't make up for my first loss
so I'm still playing catch up every single day right and I'm adjusting my
rules going back and forth I'll talk about the opposite
um I take a a win right and I size down on this
and then my next trade I go ahead and I size up because I'm on a high horse and
my ego's through the roof and I you know I master the market and
then I go ahead and I jump into another trade and that's going to be my loss
now I'm down on the day and this would happen to me so much so
you know rules sizing the most important thing that I can
I can always talk about all day I use another analogy which I'm just obsessed
with is the casino analogy and this that
happened to me last year last year in June I lost $160,000
in June of last year and it was the shittiest gut punch ever
although I made that plus more back in July
and July and August were phenomenal for me
uh it still sucked right it sucked feeling like that so
but one thing that um it taught me was to never change my rules
because and I use the casino analogy and I'll go through it real quick but it's
very simple let's just say that I own the
casino and you come to my casino and you take it for
two million dollars the blackjack table what do I do as a casino manager as a
casino owner am I going to change the rules on
blackjack absolutely not because the casino has an edge they don't
change their rules they keep their rules the same
right and that's why they say the house always wins so
what am I going to do instead maybe hook you up with some booze
and send you up to a nice suite I don't know maybe send some hookers up to
your room whatever I have to do to alter your mindset
to make sure that you're going to come back and now you're going to
change your rules and you're going to give me back all that money but the house
always wins why because they don't change their rules yet the
player does so be the house don't change your rules keep it very
very simple there's it's okay to make minor adjustments to your rules
right but if something is working for you for a long time and sometimes the
mark is just not responding in your favor keep your rules the same
right make little adjustments along the way but never make that adjustment to
size and super heavy or size down super low when your
sizing should be consistent throughout the day keep it very very simple and I
hope everybody has a super successful uh trading week
as monday today was a phenomenal day and let's uh run it back tomorrow have a good
one guys thanks so much to them uh that was that
was quite quite the finale there i love it uh nate you got any other
comments yeah uh i can't wait for sim to open
up a casino and just go boss on that and you know
that's billionaire moves right there so i want to see that because clearly got
the right right mentors for that um yeah you know
one thing that both leah and sim we're talking about that uh
i wanted to double back on because i think this is where
actually most new traders uh will give back more profits than
or take more losses than you realize is is when you
hit that home run when you're on that high and then you're like cool i'm
gonna go jump in another trade and you size up and it doesn't go well
and then you get stubborn because you know you want
profits back and you know things can go sideways
and negative in a hurry and you know for me that was where more
like we talk about journaling we talk about studying this is what it's about
right i would go back and look and see where my losses where i was taking them
and it wasn't you know i would take losses all
over the place because every but every trader does but
the majority of the losses in this in the where i would break my rules
and so on was with after i had a big win and i was like this is it i'm gonna now
run another big win and have a massive day
and then if a trade went against me you know i would get stubborn and so
i think it's important to really pay attention to your emotional state
post winning post getting in there and getting
the solid trade because um it's really difficult at that point to walk
away and not trade anybody who says it is easy to just walk
is not made up with the same mental mind state that i am
because i have a hard time not trading more if i'm feeling good and running on
winners so uh you know figure that out i think that's
something that we're studying and i think we talked about a little bit here on
the space so just want to double back on that
and again appreciate everybody's time talking about training psychology because
super important for consistent successful trading it's good stuff
beautiful nate evan do you have anything you want to throw in here
before i close it out with leo no nothing too much to add for me i
appreciate all the amazing speakers up here sim and leah and jordan and nate
adding so much and obviously wolf for hosting this conversation so
make sure you're following each and every one of them i think psychology is
one of the most important things if not the most important aspect of
being a great trader it's not the smartest person who ends up winning
this games it's the most diligent and sticking to their plan and
person who tries different stuffs and uh uses all the tools that are available
to them and it's not kind of just a pure knowledge game and i think
uh it's i you know i see that every single day hanging around traders you
know being in the spaces all the time and
you could definitely tell um who knows what they're doing and who doesn't
really and one thing that i have noticed about a
lot of the best traders out there it's not that they don't take losses it's
that they don't maybe blow up accounts they don't
take major losses but everyone takes else
significantly not consistently was the word i was looking for there sorry
um a lot of people take losses it's a part of the game
and i personally when i'm looking for good traders good investors people know
what they're doing a lot of times i look for those losses
um on how they handle those and and how they um
take uh take them and make their big uh wins bigger
i find that i i learn about more who people are through the losses they take
than just the endless amounts of wins so that's something i've personally
noticed and i definitely have learned a lot from the
people up here and i'm i'm excited to listen to more of these spaces going
forward and i just think psychology is super important aspect of it so
shout out to leah check out that tweet pinned up in the nest above and sam
and jordan and nate uh so great i see you frank down below
appreciate him but uh but yeah good times appreciate the spaces
perfect i'll put there evan so final call final call before i let leah close
this up uh if you haven't dm'd me now is the
time to just give me the word trading or ebook and i'll get it over to you if
you are able to find it it's the last post of
my timeline you can grab it there for free one person's gonna get picked
and get a one-on-one with leah leah let me turn it over to you for any final
comments here yeah so just to close this awesome
space thanks thanks everyone for being great
um yeah so every trader just needs a kiss what it means
keep it stupidly simple really just near down the fundamentals focus on one
strategy less indicators focus on less
docs and then double down on what is working
and that's really all you need thank you guys have a great night
and i hope to to have a wonderful zoom session with one of
the people that signed up for my book and his letter thank you
beautiful thanks so much to leah nate jordan sim for dropping the sauce on us
love to see it uh we're gonna run back probably another
another one of these chats in the near future i am sure
because they're always a good time thank you haven
for co-hosting that's gonna do it for spaces today i've been on spaces for
gosh only took maybe an hour or two off today i was on since
9 20 am eastern so it is time for me to dip
jordan i'll see you on a call though in 30 minutes more
more work to do sir don't worry we've been live since 5 30 baby
all day let's go crazy crazy all right everybody
enjoy your evening we'll be live again go with myself and jordan you can come
trade with either one of us in the morning we'll talk to you then take care