What's up everyone? All right. Guess what? Today is the 21st consecutive Green Day actually lost count at the beginning of the week Friday last Friday was my 18th Green Day and then on Tuesday I said it was my 18th day again. so I've been a day behind. so two is actually the 21st consecutive Green Day up $812 Not a home run but a solid base hit.

And one of the things I'll talk about during today's recap is that actually was swinging for the fences on two of my trades today taking big positions. really going for that big win and both of them you know ended up not work. One of them was still a thousand-dollar winner out of what could have been probably $15,000 potential and the other one was a $75 loss out of what also could have been probably 7,500 to maybe 10,000 maybe 15k back of the mine home run potential. So you know kind of a day where I got a little too aggressive for the market we're in I kind of remember and remind myself basis it's through base hit.

So I've been able to grow the small count from 583 dollars to over eight hundred and seventy-five thousand dollars. It's taken about 2,200 trades to get to where I'm at now. probably another couple hundred trades between me and crossing over the 1 million dollar mark and I'm gonna prove that you know for five hundred dollars, two million dollars is possible when you take the small profits along the way. Sure, an occasional home run is nice, but you can't be in that mentality of always swinging for the fences, because if you can do, if you do that, you're gonna keep getting loss after loss after loss.

And that one home run is probably not gonna make up for all the losses. So anyways, we'll go through today's trades as usual. Any questions any comments leave below I'll answer em later today. I'll see you guys first thing tomorrow morning 9:00 9:15 pre market analysis live on YouTube Make sure you subscribe so you get the notification when I Go Live! All right, let's see you guys tomorrow! All right everyone! So we're gonna do our midday market recap here.

Go over the trades from this morning. Today is going to be my 21st consecutive green day, which is awesome! I mean I'm on a really nice hot streak here. The longest hot streak I've ever had was 56 consecutive green days and that started in right around Thanksgiving and then carried through the I think end of January. So this hot streak began around just before Christmas and is you know, continuing here through January This is around the say it's the same time of year as I had my last long hot streak.

However, on this hot streak I've actually probably made more money that last one was two years ago. It carried into the beginning of the $583 small account challenge. So you know, during the first few weeks of that challenge, even though I was really consistent, I wasn't actually making a lot of money because I was trading with a $500 account, you know I was making $125 a day $180 a day. which was certainly nice, but not by any means the type of profit I'm making these days.

So today, 800 $12.67 commissions probably won't be that much today. didn't trade a whole lot of stuff, so I'm just gonna look here and see in the last 21 days what the total profit from this hot streak is. It looks like fifty three thousand, seven hundred ninety dollars, and seventy nine cents. which is pretty solid.

So there's the P&L here today up $112 you can see I kind of like yesterday, not not a home. definitely Obviously no home runs today, Nothing that was a huge winner and a couple of small losses. But you know, considering the share size I've been trading I would say this is, you know, still really, really solid. So today started just like any other day.

Looking at the Gap scanner I'll run this gap scan a historical date here. Let's see why is this? Give me a hard time. We're gonna do this for 9:25 a.m. this morning.

So this is the market as I Saw it this morning at 9:25 a.m. leading Gabbar was CL DC at 164 of 46% with news it's got 18 million share float, 800 thousand shares of pre market volume, The bell rings and it sells off. No trades I was watching it possibly over the pre-market high right here of 170 and but that level didn't end up breaking. so I didn't get any trades on it so no trades on CL DC this one was too cheap BL NK I Honestly didn't think really would do that much with you know, 17 million share afloat I just wasn't that optimistic about it.

but it actually did a nice gap and go trade from 265 up to 295. so a nice 30 cent break out there and unfortunately I missed it. It didn't give us a first pullback and his since retraced. so nothing.

Nothing right there. so that was BL and k TL GT This one not wasn't interested in floats too high so not interested in that one. Too expensive. Too expensive, Floats too high, too expensive, too expensive, too expensive, none of volume.

This one a VCO was a dead cat bounce off of the really big sell-off yesterday. Wasn't really interested in that one. Nothing, Nothing, nothing, nothing, nothing. So we basically had a pretty dead Gap scanner this morning.

You know this was you know, just you know. one of those days where we just didn't get good follow-through All right. So in terms of Gabor's now, we had a couple of stocks on watch from yesterday and bot was one of them. MB ot made this really big move yesterday all the way up to $12 but then you know dropped back down here secondary offering after in the afternoon around 3:30 I was watching it pre market for a possible break of 9:50 It did break that level but I ended up getting in for a scalp over 10.

At 995 it hit a high of 1003 and then dropped. I stopped out with a $29 loss on 3000 shares so kept my loss pretty minimal there which was good, just obviously wasn't the right entry and then pulled back from there and that was the only one that was kind of off the watchlist. So then once the bell rang BOS see all of a sudden starts squeezing up and I see it and I see boom a headline that was posted at 9:31 a.m. and so as soon as I see it squeezing up I went ahead and jumped in at 958 S Re at 2:58 which was right here and I added at 286 and I added again at 296.

going for the break over $3 we got the break of 3 and then it immediately came back down to 268 and I ended up stopping out of that with 918 dollars of profit which was good but I was really thinking with the breaking news that this was a former runner stock that we might get some real action on. This this would be you know, the the biggest mover of the day. Here's a day where it went from 250 to $5 So I know this stock has the potential to move 100 percent in one day. It's done it on multiple occasions with the breaking news headline that gave me the confidence to jump in and I was pretty aggressive adding at 96 for the break of 3.

Obviously that was aggressive but you know in this case I really thought you know it was gonna continue higher and I was just wrong on that. So anyways stopped out with a profit so was happy with that. Let's see. so BOS see you know, whatever.

Not a great trade and baat not a great trade and then the last one was t BLT T BLT hits the scan where was this guy's remember main main room is stocks only if you're off topic will disable your chat. so we're gonna disable chat if you are off topic in the main room. So let's see. the high here was 377 so this one pops up on the scanner right around here.

341 I Jumped in it thinking you know this is a good daily setup if it can break over 348 and that's exactly where I got in. it has room back up to 555 right up here. No catalyst, but a daily technical setup the same as what Mbot had yesterday. the first daily candle to make a new high.

Well, actually, that wasn't the case with TBL tea, but it was still a good setup over this pivot here of 348. So I jumped in here with 9,000 shares. stepping up to the plate, it squeezes up to a high of 377 and I'm holding the whole thing I'm up 30 cents, you know with 9,000 shares. so 2,700 bucks I'm holding the whole thing and I'm getting ready to add I'm looking for this to get over 3 $94 450 and on this trade I did something a little unusual I didn't sell any of it I held the whole thing I really thought this one was gonna be the one now I thought Bo SC was gonna be the one and it wasn't and I think maybe this is a good opportunity to kind of self reflect and say I'm I'm starting to be a little aggressive I'm starting to try to swing for homeruns Maybe I feel a little FOMO that I didn't do better on em Bo T or that I didn't do better on you know some of the big movers that we've had in the last couple of weeks and I'm trying to make up for it and you know I'm up 41,000 on the month right now which is great, you know I'm happy with that and you know 21 day hot streak I Guess I'm in a position where I'm feeling a little comfortable, maybe swinging for a couple home runs and so on this one I decide to swing for a home run and not take any of the profit thinking, you know what if this breaks over for I'm gonna add another Actually typed in the order to add six thousand shares.

so I was gonna go up to 15,000 shares and you know I was thinking 425 450 maybe $5.00 if this really opens up. Mbot was so you know made such a big move yesterday without news but on a technical breakout TB LT a similar technical breakout. So I stepped up to the plate or well with 9,000 shares. When prepared to go heavy and then connect, you know it came right back down I ended up losing $76 You know I could have easily sold this for $1,000 $1,500 a profit and been up you know, 2,300 today and I sacrificed that 2300 in exchange for what you know was my hope that maybe we would see a big a big momentum stock.

So you know that's always a good time to self-reflect and say okay, you're starting a swing for the fences. Remember to be grateful for these green days. $100 is great and you know what $2,000 would have been even better, you know. continuing to, you know, just be consistent is what this is all about.

Yes, it's nice to have a couple of big wins here and there. They have a four or five thousand dollar winner you know would be would be great, but you know a 10 15 thousand dollar winner would be awesome. The biggest winner this month is well about $6,500 Green Day but I had a ten thousand dollar Green Day this month and then I took a three thousand dollar loss. you know, shortly shortly after.

so I finished the day up only about $6,000 So I think maybe FOMO is getting to me a little bit. I'm getting a little antsy for that next big trade and you know I'm hoping that we see it soon. I'd say all three of these had potential today, but none of them really unfolded and the reality is I didn't miss. actually didn't miss anything today as of right now I haven't missed any big mover, but yesterday I missed a bit on MBO tea this one, you know I kind of fumbled my first entry on it and you know, just didn't do as well as I could've Wasn't as aggressive as it could have been.

so you know that's the way I sometimes goes and you know this would be a time where I would typically draw some money out of my account, bring the balance back down. So I kind of go back to trading like I've got my back against the ropes you know, right above the PDT level because that usually gets me a bit more disciplined. this being the IRA I actually can't take money out of it I could transfer it, you know to a different IRA but I really? I've only just barely gotten to the point where I can trade pretty much however I want so you know I'm if it wouldn't be a good idea to take money out of it right now. so I just have to be mindful of that tomorrow as I come in, you know to finish up the week that tomorrow's Friday I Want to make it my 22nd consecutive green day? I'm only half I'm not even halfway to my record, you know? I've got you know, another couple of days before I get halfway to a 56 consecutive Green Day hot streak another one of those.

So I you know I've I've got to buckle down. Today was a little sloppy and I'm a little disappointed with that. So good time to regroup. Step back, not try swing for homeruns, just scalp my way to the daily goal.

Small win here. Small win there. That's how you grow a small account. In fact, it's the only way to grow a small account.

Swing for home runs. You know, nine out of ten times you strike out. Someone in the room mentioned the other day that Babe Ruth had the most strikeouts you know of any player in those days and you know you don't think about that because what's you know? the damage of striking out in baseball is. well, okay.

you'll get another try. And when you do hit that amazing homerun, you know you get all the the glory. But with trading, every time you strike out, you're losing money. and sometimes it's a lot of money.

and every time you get on base, you're making money. Our goal is to be consistently profitable, and that means you've got to take those small profits because they add up right now in my small account challenge. I'll just pull up my my Trader View stats I Don't have anything updated for the month of January I update these end of each month right now, but let's just look at where I'm at right now as a little update a little progress report. So I started this account with $583 as you guys know.

So let's look at the start date. so 1 1 2017 through current. Alright, so detailed report: That's the gross you know. I'm actually only 50,000 dollars away from being gross over a million.

but well, you know I'm I'm using net I think that's more fair. Anyways, So anyways Net this is 2115 trades to get me 83 percent of the way there. So let's do some math here. So 2215 / 83 is so X is 26.

so times 100. So based on this, is going to take me about two thousand six hundred sixty-eight trades to get to the million dollar mark. - 22 15 is 450 trades I'm four hundred fifty trades away from crossing over a million dollars. Alright, now this has been a two-year journey, but this all you know is to say that taking five hundred dollars and turn it into a million dollars.

While it might seem statistically, you know crazy is doable If you use a scalp trading strategy which is small profits, some all profits add up and occasionally you're gonna hit a home run. No, yes, occasionally you're gonna have a big loss I've got a couple big ones here. This was from times that I was swinging for the fences I was being aggressive. You know it, it's gonna happen probably to all of us.

I'm not gonna say I'm I'm You know, immune to that. but this is the average hold time. Nine minutes for winners, 13 minutes for losers and you know that that's something that I'm really I'm really happy about. This is me knowing the strategy.

stocks like MBO Tea like tea BLT Bio see all of these. Can you know these make these breakout? This is a breakout. A scalp trader is gonna buy it here and is gonna sell it here. That's a five minute long trade That's a quick trade from 350 up to 380.

You know there's your 385. there's your 10% That's a 10% gain right there. So you know if you put a whatever $50,000 you know position into this, you're pulling out $5,000 Right through that breakout. he put in 500 bucks into this.

You're pulling out $50 in that breakout and your accounts up 10% like that. And that's what I did on the small count challenge and as the account grew I took more and more sighs. Although my share size. basically you know, let's say this was whatever.

I'm whatever. Let's just say then we go too fast. Come here. Let's just say this is the the first day of this is share size here.

Okay so when I first started, my share size was really really small. but I very quickly increased. So let's say this is like a thousand shares. That's two thousand.

That's 3,000 4,000, 5,000 610 thousand and this is like 20,000 So I basically went like this and have now pretty much been like this. It's just not. You know you just can't keep. And this is why my account profit in terms of percentage is the same.

because you just cannot go straight to you know, 200,000 shares. You can't trade 200,000 shares of these stocks. It is simply not possible. So you know that's that's that's fine.

That just means that you're gonna have this curve. Sometimes people will ask why. You know if you took five hundred eighty three dollars and turned it into a hundred K You know you're full of it. If you're really such a good trader, you would have taken fifty three thousand and turned it into you know, a hundred million dollars.

This is the problem. This is a cap and there's nothing I can do about that. I Can't take a hundred thousand shares, 200,000 shares, Three hundred thousand shares of these stocks. And that's what you would need to do if you're gonna try to make 100 million bucks.

So in any case, you know the the share size increase very quickly once I got up to five thousand. ten thousand dollars in the account and from there has been pretty much, you know, steady. My average position size is around eight thousand shares, you know? I've tried to increase it a little bit I'll try to increase it again this year. to you know, ten thousand share average position size, but it's just gonna be a little limited at how much I can continue to increase share size.

So anyways, that's about it for me. So I'm sitting as of right now: eight hundred and Thirty Six thousand dollars. That was at the beginning of January today. I'm up over forty thousand on the month of January So that'll be eight hundred and seventy five thousand dollars.

Which means I'm about a hundred and twenty five thousand dollars shy of 1 million dollars. So that means actually I'm only about. Well, what is it? I'm only about ten thousand dollars shy of crossing that million dollar mark in gross profits. So 583 dollars, two million dollars Astrix gross and then I will try to do it net next month.

Alright, so anyways, that's it for me. I Hope you guys had a decent day overall. Little chop, a lot of home runs but that's okay. We back at it.

Try to finish up the week Friday with 22nd consecutive Green Day and then go into next week and finish up with four more Green Day's for the month of January I Want this to be a no red January in order for me to do it I Cannot allow myself to go down more than probably $1,000 if I go down like 300 I Can almost definitely get myself out of the hole if I drop down three or four thousand in my first trade I'm probably not getting myself out of that hole. so I got to be really mindful on the first couple of trades to try to build my cushion. Don't take a crazy amount of risk and then once I have the cushion once I'm already up $1,000 Sure. I'll that can take 15,000 shares of something because I've already got my profit cushion.

But until I've got that cushion I Got to be careful. All right guys! I Will see you back at it first thing tomorrow morning 9:00 9:15 pre market analysis. Live on YouTube and we'll try to finish up this week. Strum All right.

See you guys in the morning! Bye everyone! if you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime I upload new content. Remember when you subscribe, you become a member of the Warrior Trading Family.