Trade Idea: YMM Trade Type: Small Cap Gap Grade: C (25% of normal position size) Entry Criteria: Price opens at or below 9.94. Buy stop limit order at $9.95. Target 1: $10.44 Target 2: $10.94 Target 3: $11.44 Target 4: $11.94 Target 5: Trailing Stop Hard stop: 4 hour close below $8.89 Trail stop after the first price target is hit. Rationale: YMM gapped up today on a positive earnings report and a stellar earnings call. Their income increased 81.4% year over year. Their revenue is up 33.9% year over year. Demand for their logistics solutions has increased by 22.1%. Their monthly active users went up by 33.6%. Comments: With this entry below $10/share this is an executable trade for a smaller account and only needs to be checked on once or twice a day with a casual glance at the 4 hour char. To learn how to execute this trade with precision and how to size the trade accordingly, I highly recommend watching my free tutorial on how to trade this specific strategy.

Thought this article was well written and highlights some of the most important stuff you need on your trading journey! https://www.entrepreneur.com/money-finance/5-traits-you-need-to-be-successful-as-a-day-trader/482250 Comment your takeaways below!

XPEV (XPENG car company) is dropping their earnings and guidance in the premarket tomorrow so it's on my radar as trade idea #2 for the week. If you want to know how to trade it on your own, make sure you've watched the earnings reaction trading video I've posted. That's the best way to make sure you don't miss it and know exactly how I'll be trading it. The key is to wait for market volume to come in for the first 15 minutes and allow the important levels for the day to be set during that time. I'll post the entry/exit/stop levels and grade around that time. Notifications on over on X if you want immediate notice. If it takes off immediately after the first 15 minute candle, and before I can get an X post sent out you might want to wait for a pullback to the ideal entry level or lower before attempting to jump in so that you aren't chasing. If it goes to the first profit target before retracing, I'd probably just avoid the trade altogether. Again, this is why it's best if you know how to trade the setup yourself according to the SOP laid out in the course so you don't have to wait on a notification or post. Whatever you do tomorrow, trade smart. ✌️- Derek

Hey Trash Panda Traders! Let’s build a strong community by sharing our daily trade recaps. What did you trade today? What strategies worked, and what didn’t? Let’s learn from each other and refine our skills together! Drop your charts, insights, and any lessons learned in the comments. 💹🔥

Hey everyone! I've got some exciting news to share with you today! We are on the brink of some game-changing developments and I could not be more pumped. While I can't spill the beans quite yet, let me give you a taste of what's brewing: 1. Streamlined success I've been working on some changes to both communities to make your journey towards life changing money smoother and more efficient. Imagine a process so streamlined that you'll start to wonder where this has been all your life. 2. New features Get ready for a better edge with some new tools and features I'll be dropping early in the new year. These won't just be upgrades to our community, I'm convinced you'll see immediate results from using them. 3. Weekly profits I know the real reason you're here - it's to put real money in your pocket each week. So, I launched a substack with the goal of getting you those results: the Legacy Profits Club. This isn't just any newsletter, it'll provide actionable trade ideas for you each week with my planned entries/exits/stop losses so you can start seeing more money in your pocket sooner rather than later. Go check out the Legacy Profits Club and subscribe now! Let's get your profitable immediately! Why are these changes coming? - Immediate impact - I want you to get profit FIRST. I want people who join this community to start seeing results ASAP. No matter your account size or availability to sit in front of the screen. - Tangible results - My goal for people in this community is narrowing - make your first $1000 in the market and then start growing wealth for life. So, what are you waiting for? Dive into the Legacy Profits Club, leave comments and questions under the posts, get hyped about the changes coming soon, and let's make these changes count for your bottom line. Let's turn those trading dreams into a weekly reality together. Your success is our community success so let's make your trading start counting.