LOCKED IN | 17 Sep 2026

Market / Trading Context

• The speaker describes a “huge gap up” day as bad for short trades, and generally harder for longs because price becomes stretched away from key moving averages (EMs).
• Breakout attempts are discussed as selective:
  • Some gap-ups show strong extension.
  • Others fade back below key levels.
  • Follow-through is inconsistent across sectors/names.

Instruments / Tickers Mentioned

Equities / ETFs

• SMCI: Gapping up, then pulling back into a referenced chart area (“free weapon” / likely a chart level).
• Intel (INTC): Gapping up with a strong early move, then fading back below earlier levels; later noted as still “looking strong.”
• NVIDIA (NVDA): Reclaimed above 1921; described as having a “loose and wide” range.
• MSTR: Treated as a Bitcoin proxy; discussion includes gap/follow-through and stop sizing.
• SpaceX: Mentioned as a trading interest; concern about overtrading because it’s too extended.
• MU (Micron): Mentioned as a name to watch.
• HX: Appears as “HX” in the subtitle stream (ticker mapping unclear).
• SNK: Appears as “SNK” / “SKK HX MU” — likely part of a watchlist, exact mapping unclear.
• IGV: Software ETF; referenced as not tracking as expected to a planned 16-minute pullback level.
• W: Appears as “W like I said… alert…” (ticker not clearly identified).
• Silver & Gold: Precious metals discussed explicitly; no specific tickers provided.

Cryptocurrency

• “Cryptos” discussed generally (no specific tickers named).
• The speaker prefers waiting for a bounce on a 16-minute timeframe and focusing on smaller/“old coins” showing relative action.

Key Technical Levels / References

• Moving averages (EMs) repeatedly referenced:
  • “21” and “9” (likely the 9-EMA and 21-EMA), phrased as being “above the 21 and the 9.”
  • A “daily N” level (exact meaning unclear, but used as a daily chart reference).
• Resistance / prior day high / weekly N are mentioned as part of the level framework.
• Gap-distance / risk logic:
  • The speaker dislikes longs on gap-ups because price can end up > 1% away from the EM, increasing vulnerability to pullbacks and stop-outs.

Methodology / Framework

Gap-up management

• Prefer pullbacks over buying strength when the stock/crypto is already extended on a gap day.
• For entries, the speaker watches for price to return toward:
  • 21 / 9 levels (and potentially daily N)
  • and uses a 16-minute timeframe for timing confirmation.

Crypto approach

• Stay calm and be patient.
• Wait for a bounce on the 16-minute chart rather than forcing entries immediately.
• Prefer coins showing strength such as:
  • breaking above previous day highs
• Avoid/discount coins that are:
  • undercutting and failing.

Precious metals discipline (via correlation)

• The speaker mentions correlation between silver and gold.
• A key reason for avoiding continued precious-metal trades:
  • Stops getting hit on silver at the open.

Risk Management & Position Sizing

Position size constraints

• Generally, positions are less than 25% of the account.
• Most positions are around 20–25%.
• They discuss that sizing could reach 35–40% in theory with tighter stops, but they generally avoid it due to:
  • gap risk
  • preference for drawdown minimization

Stop / risk per trade (explicit)

• Earlier/routine (unclear subtitle noise): roughly 0.5% to 5% per trade (inconsistent text), later clarified that risk was reduced.
• This year: reduced to about 0.3% risk per trade
  • “Slightly lowering it to like 0.3% risk per trade.”
• Impact if stopped:
  • Losing about 0.3% of the account per trade.

Why sizing is moderated further

• They avoid aggressive sizing even with tight stops because slippage during volatile openings/gaps can worsen results.
• They say they won’t size down ~10% specifically for slippage, but slippage is still a reason not to size up.

Gap risk limitation

• When asked how to minimize after-hours/gapping losses:
  • The speaker says they don’t have good measures to control gap risk.
  • Main mitigation is smaller sizing and lower risk per trade.

Performance / Time References

• Mentions reaching:
  • “1000% year” and “multi 100% runs” (very large prior-year gains implied)
  • “seven figures” (exact date not given; asked in Q&A)
• Timeline note:
  • This year they reduced risk to 0.3% per trade.

Explicit Recommendations / Cautions

• Don’t buy strength on gap-ups.
  • Instead, wait for pullback entries near EMA levels / daily references.
• Be selective:
  • Not all names in the same group behave the same after a gap up.
• Manage gap risk primarily through:
  • smaller position sizing
  • lower risk per trade
  • (they note after-hours gap hedging is difficult)
• For crypto:
  • wait for a bounce on the 16-minute chart
  • don’t force trades immediately
• For precious metals:
  • if you get stopped at the open (silver), avoid those setups and consider correlation with gold.

Disclosures / Disclaimers

• No explicit “not financial advice” disclaimer is shown in the provided subtitle text.

Presenters / Sources Mentioned

• No named presenter(s) are identified in the provided subtitle summary.
• The format appears to be a live-stream/Q&A style, referenced as “Hello everyone / streamer,” but without clear names.