Trade with structure.

An independent toolkit for applying the methods, patterns and routines James Rich Young discusses publicly.

Independent editorial project. Not affiliated with, endorsed by, or operated by James Rich Young. Content is based on publicly available material.

Context before pattern

Gaps

Gaps are the starting context for the day trading patterns. The first task is to decide whether the open looks more like a professional transition or novice exhaustion.

PROPotential transition

Against the recent direction

Professional gap

The gap challenges the direction of the previous one or two sessions and may begin a larger change in trend.

Open comparison

NOVPotential exhaustion

With the recent direction

Novice gap

The gap extends the direction of the previous one or two sessions and may mark exhaustion before a reversal.

Open comparison

What to check

Prior directionChart locationOpening follow through

Interactive chartsCompare Pro and Novice Gaps

Knowledge test18 questions

Can you classify the gap?

Basics, chart practice, then separate chapters for More gaps and Gap fallacies.

Start gap test

Next questionHow do you trade gaps?Continue to Day Trading Patterns

Four chart setups

Day Trading Patterns

James Rich Young looks for these four patterns after stocks gap. They are setups within his broader gap-trading strategy.

Directional viewSource-described buy-side setups

Direction lens

CORRECTS THROUGH PRICE · SECONDARY ENTRY OPTION

Buy Setup

A trend-following setup used when a stock corrects through price rather than time. A secondary entry can provide added confirmation after an unusually deep pullback.

CORRECTS THROUGH TIME

Breakout

A continuation setup where the stock corrects through time rather than price before attempting to resume the move.

SECONDARY ENTRY

The 123

A secondary-entry sequence for catching the remainder of a move after the initial entry was missed.

COUNTER-TREND PLAY

Climactic Buy Setup

A counter-trend play intended to catch a correction at the point of exhaustion while the stock is still collapsing.

Open pattern tool

Risk and position control

Position Sizing

Define the maximum dollar risk first, measure the distance from entry to stop, then calculate the number of shares the trade can carry.

RISK FIRST

Set the risk

Choose the maximum dollar amount the trade may lose before entering. The same risk budget can then be applied across setups with different stop distances.

ENTRY TO STOP

Measure the stop

The stop distance is the price difference between the planned entry and the protective stop. A wider stop requires fewer shares for the same risk.

RISK ÷ STOP

Calculate the shares

Divide the dollar risk by the stop distance and round down to a whole share count. The calculator performs the calculation and compares common stop distances.

Open Position Size Calculator

Prepare, trade, review

Daily Routine

James starts at 4:30 AM on the West Coast. Follow the preparation, two trading sessions and review that give his day its structure.

Explore the dayStep 01 / 13

James’s time · PT4:30 AMYour time...Drag or use arrow keysJames’s time · PT1:30 PMYour time...

US stock market

Open James’s time · PT6:30 AMYour time...Close James’s time · PT1:00 PMYour time...

Before the openJames’s time · PT4:30 AMYour time...Until open2h

Start the day

James starts at 4:30 AM on the West Coast. The first job is simple: turn on the PC.

Spin up the trading PC.
Begin the preparation window, two hours before the open.

Our reading of the process

Preparation gets its own time before trading begins.

Before the openJames’s time · PT4:45 AMYour time...Until open1h 45m

Build the two gap lists

He builds a Gap Up list and a Gap Down list, with roughly 60 tickers in each. He combines his list with a worksheet shared with two other people who use different scanners.

Separate gap ups from gap downs.
Combine the shared lists to catch names another scanner may miss.
Start with a broad pool, then narrow it.

Watchlist connection

His watchlist video explains the stock universe behind the morning lists, then shows how he sorts and organises the candidates.

Explore the supporting videos

Before the openJames’s time · PT5:00 AMYour time...Until open1h 30m

Refine the ultimate watchlist

James sorts the tickers by favourites and priority, creates thumbnail charts, and checks what is behind each gap.

Prioritise the names worth a closer look on the daily charts.
Check news and filter out secondary offerings and ex-dividend gaps.
Filter out buyouts while reviewing what caused each gap.

Watchlist connection

His watchlist video explains the stock universe behind the morning lists, then shows how he sorts and organises the candidates.

Explore the supporting videos

Before the openJames’s time · PT5:05 AM to 5:35 AMYour time...Until open1h 25m

Organise the thumbnail charts

He spends roughly 30 minutes arranging the remaining watchlist into thumbnail charts he can monitor throughout the day.

Arrange the remaining names across the chart workspace.
In the watchlist video, related sectors sit together.
Keep the charts ready for the next review.

Watchlist connection

His watchlist video explains the stock universe behind the morning lists, then shows how he sorts and organises the candidates.

Explore the supporting videos

Before the openJames’s time · PT6:00 AMYour time...Until open30m

Choose the top watches

James goes through the stocks once more before the open to identify his top watches for the day.

Revisit the remaining watchlist.
Decide which stocks deserve attention at the open.
The separate pre-market video shows an example of this kind of review.

Pre-market connection

The separate pre-market video adds a worked example: broader market first, then gap location, liquidity and related stocks.

Explore the supporting videos

Morning sessionJames’s time · PT6:30 AMYour time...Market openOpening bell

Trade the morning session

The market opens at 6:30 AM Pacific. His morning trading session begins.

Monitor the prepared top watches.
Watch how the opening action develops.

Pre-market connection

The separate pre-market video adds a worked example: broader market first, then gap location, liquidity and related stocks.

Explore the supporting videos

Review & resetJames’s time · PT1:00 PMYour time...After open6h 30m

Update the tracking sheet

At 1:00 PM, James records the day’s P&L and trading performance statistics.

Enter today’s P&L.
Update the performance and statistics tracking sheet.

Review & resetJames’s time · PT1:30 PMYour time...After open7h

Review the gaps and shut down

Around 1:30 PM he reviews what the day’s gappers eventually did, a step he especially emphasises for traders starting out, then shuts down the PC.

Check how each gapper and its setups played out.
Review what worked and what did not.
Notice which patterns are performing well, then finish the day.

1 of 13

Test your understanding

More than knowing the times.

The routine, the gap scanner and the pre-market read. 16 questions, including how he revisits the lists.

Try the routine quiz 4 chapters · About 7 minutes

The Rich Young Trading Floor

Meet on the trading floor.

Join the Discord for free. Routine reminders and morning gap feeds are being set up; member discussion is planned.

Join the Discord Preview the services

Patterns & execution

Strategy

Publicly discussed setups will be broken into context, trigger, invalidation, management, and exit—without converting isolated examples into universal rules.

Research pendingSTR-01

Market context

Research placeholder. No verified description of preferred conditions is included in this edition.

Next research step

Find statements that define the surrounding conditions, not only the entry.

Research pendingSTR-02

Entry and invalidation

Research placeholder. Triggers and reasons a thesis becomes invalid require source-linked wording.

Next research step

Pair any entry description with its stated invalidation context.

Research pendingSTR-03

Management and exit

Research placeholder. No assumptions about scaling, targets, or discretion are presented as fact.

Next research step

Compare multiple dated examples before describing a recurring method.

Process & support

Trader Checklist

The planned questionnaire will examine risk, execution and the support system around the trader. This foundation identifies the areas it will test.

Research pendingRSK-01

Position and exposure

Research placeholder. No verified sizing framework or exposure limit is published here.

Next research step

Locate explicit public statements and retain the conditions attached to them.

COLLABORATION CHECK

Trading room and peer feedback

James continues to share a team chat and trading room with Sami. The future questionnaire will ask whether you have a trusted room or peer group that helps surface ideas, challenge decisions and review trades.

Next research step

Treat trading alone as a material support gap, while avoiding the claim that access to a room guarantees profitability.

Editorial noteRSK-N1

Reader safeguard

Descriptions of another trader’s public commentary are not individualized financial advice and do not establish suitable risk for any reader.

The teaching lineage

His mentor

James Rich Young attended Sami Abusaad’s 2019 mentorship, then progressed from student to trading room moderator and eventually mentorship co-leader.

Student to colleague

2019
James attends Sami’s Pristine Mentorship in Chicago.
2019
He is invited to help moderate the trading room.
2023
James joins Sami as a co-leader of the mentorship program.
Today
James confirms that they still share a trading team chat and room, helping each other surface and review trade ideas.

See the trading room checklist item Verify the public timeline with T3 Live

The companyT3 Live

T3 Live describes its work as trading, training and technology. Its public learning center publishes articles, videos and education from traders including Sami and James.

About T3 Live

Learn and apply

Knowledge

Review the key concepts, then apply them in the chart tools. Start with gap context and the broader market.

KB · 01Study topic

Professional vs novice gaps

Read the recent price action, relevant resistance and opening response before looking for an entry.

Open knowledge desk

KB · 02Study topic

Trading with the market

Read the broader market, prepare both directions and judge the stock’s setup in that context.

Open knowledge desk

KB · 03Study topic

Multiple timeframe alignment

Check whether the other charts support the direction of a setup. A lower timeframe can be in conflict even when the setup looks attractive.

Open knowledge desk

Practical applications

Interactive tools

Public trading concepts are rebuilt as original interfaces that help you inspect a setup and make a decision.

Editorial note

Concepts become working tools.

Reference material is used to understand the trading logic. Every chart, control and interaction is then designed and built independently for this website.

Q1Day Trading PatternsLive

Q2Timeframe AlignmentLive

Q3Position Size CalculatorLive

Q4Day Trading Income CalculatorLive