What's up you guys? All right? Well, I wanted to make you some weekend content here. Uh, breaking down the last five days. So Monday, Tuesday, Wednesday, Thursday, Friday. This last week, Um, had some really solid trading.

A new hot streak has begun and I finished up about sixty thousand dollars day trading over the last five days. Now, in case you didn't already know, my results are not typical. The typical experience of most traders is that they lose money, so I want you to know that right away. And with that in mind, you should be trading in a simulator, not putting real money on the line until you've first proven profitability.

Some of my biggest positions this week were probably about half a million dollars. So to make sixty thousand dollars using half a million in buying power, Uh, over the course of a week, you know if you didn't have leverage would require a five hundred thousand dollar account and would be I guess about a 12 return on the week on a 500 000 account or a six percent return on a million dollar accounts depending on you know how big the account is or how much cash to margin is required. So you know with a grain of salt you should always take my gains because I have a risk tolerance that's higher than most. I have an account that's larger than most, but in the last five days we have seen some momentum so I'm going to break it down.

This is a little bit of a weekly recap of the trades from the last five days. I'm going to go over the analytics. the metrics show you my accuracy, profit loss ratio, and kind of dial in on what the sweet spot is. I think that you know it's worth noting.

kind of like you know, going fishing or something like that. Um, you know, if the fish aren't biting, you can cast your line in 100 times in a row and you're not going to catch anything. And then on the other hand, when you're seeing fish popping up left and right or you're seeing other people catch, that's the time to cast the line. and you may only have to use um, you know, one or one or two casts or whatever and you catch a fish.

So with trading, it's kind of similar in the sense of having the patience and knowing that some markets are just not worth even throwing your line in. Which is every time you throw your line in. every time you take a trade, you take risk, right? So in some markets, it makes sense for me to take a lot more risk to take a lot more trades to be a lot more active because there's a lot of opportunity. And in other markets when it's just thinner, it's quieter.

Not much is going on. You know that aggressive style of trading? It's not going to produce profit. There's not volatility. We need the volatility first.

And we finally started to see it this past week. So I hope you guys enjoy the recap. Hit the thumbs up. It's a weekly recap and I'm going to see you first thing Monday morning and hopefully we see a continuation of momentum that was beginning last week.

All right, enjoy the recap and I'll see you guys on Monday. What's up everyone? All right? So I want to put together a little weekend content for you guys and I thought I would break down my trades from the last five days. So over the last five days, so Monday through Friday last week, I had a gross profit of 63 557.63 That's not bad at all. Daily Average: about twelve thousand dollars.

I'll look at the metrics first and then we can look at some of the trades. So the average Winners: One thousand, Three hundred Forty Two dollars, Average Losers: 249. That's one of the best profit loss ratios I've had in a while for like a one week stretch to have that metric those metrics for a full week. You know, having one day like that is one thing, but being able to sustain it across 77 trades is really solid.

You know that's 25 losers. And of those 25 losers, I was able to keep them to an average of 250 bucks with the biggest one being 950. That is phenomenal. The biggest or 13 000.

Now that is a little window of time where I've been much more disciplined than in the past. And look at how long I've held my losers one minute. So that's breakout or bailout. If the trade doesn't work immediately, I'm out and that's it.

And that's not something I've always. I mean, that's something that I, uh, talk about a lot the importance of breakout or bailout, but it's not something I'm always able to stick with in my own trading. And I think one of the reasons is because I tend to trade with much larger positions, and when you take larger positions, it's hard to bail out immediately. Especially if you've been scaling into the trade over the course of a few minutes To just get right out is not that easy.

If we look back from let's say, January, you'll see that my average daily volume, the number of shares traded is twice what I've been trading on average the last week. So it speaks to the fact that in this last week I've been a bit more conservative. Smaller share size, but sixty thousand dollars in one week is phenomenal. Accuracy: 67 So I have 77 trades, 52 are winners, 25 were losers.

I had a max of 12 winners in a row. I did have five losers in a row at some point. My commissions were 585. My fees, which are the fees for direct uh, access routing were 3580 bucks.

So to answer a question on that because I know a lot of people are like why are you paying fees at all making your gross profit just under 60 000. There's brokers out there like E-trade or Ameritrade or Robinhood. They don't have any fees, so one of the things that is important to be mindful of is typically when you have a broker that doesn't charge you any fee, it's it's free. but there is an actual cost and the cost is going to be often in the quality of the execution.

A lot of those brokers, you know there's things where they allow, um, some of these big hedge funds to, uh to see all the i don't know what you'd call it the the order flow and they route your orders to market makers that give them kickbacks and stuff like that. So that allows them to give you something for free because they found a way to monetize it with a direct access broker and there's a number of them out there. You can actually choose how you send your order to the market, you can select which route you use, and by doing that it puts you in control. and the benefit is that you have really fast execution speed.

The downside is that you have to pay for it, but in my opinion you're getting something of value. So let's just say for instance, if I took a trade with 10 000 shares, if I bought ten thousand shares, I would have my two dollar commission which is what the broker charges me. but then I would also pay point Zero Zero Two Five which is the direct access route fee. It's kind of if you think of the market as being this island.

the route is the bridge to the island and you have to pay a toll across it. So the the toll in this case is based on how many shares you take. So 10 000 shares would cost twenty five dollars. All right, Twenty five dollars to buy.

Even though my commission was only two bucks, you can see my actual commission to the broker is much less than the Ecm fee. The Ecm fee is more because it's based on per share. So when you trade a larger share size, the Ecm fee adds up. However, if that trade right there with 10 000 shares.

So I ended up paying 25 to buy another 25 to sell. If it gave me a better execution of even just a penny, that'd be a hundred dollars with 10 000 shares. So in my experience having traded with some of the free brokers in the past, one of my biggest complaints was poor execution. Slow order routing Where the orders would not route quickly because they're not going direct to the market.

They're either routing internally or they have their proprietary system to try to which I don't know. That's really to your advantage because it slows down the routing. So the difference in a fast-moving market could be much more than one cent could be the difference between getting filled on a breakout and not getting filled. So that could be missing a trade completely.

Or it could be getting, you know, 10, 15, 20 cents a slippage. Which on 10 000 shares would be thousands of dollars. So anyways, I do use, um, a direct access broker. The broker I use is Lightspeed.

Um, and this is my this is my platform here. Um, so Lightspeed Trainers the the broker. I don't think I can log in, Um, on the weekend they don't usually let me in, but in any case, um, I've been really happy with them. so just for what it's worth, Okay, so back to the metrics.

Um, so 63 000 gross Profit: 12 000 a day average which is good. It's a little lower than my daily average this year. I think I'm at a daily average this year. Let's see of about 18 000.

So I am trading a little under my daily average Uh, but also trading on lighter volumes? That's okay. Um, so days and times. This is just the last week. Monday, Tuesday, Wednesday, Thursday Friday.

So Thursday was my best day. I I don't think there's any particular reason there, it's just we had more opportunity on Thursday. What's interesting here is that the bulk of my profit is between 8 am and 9 am. and then really between 9 am and 10 a.m And after 10 a.m only 500? So one of the things that I was really good about this past week and part of it was because I've been sick and not feeling well.

Part of it's because I'm on my traveling training station. I have just been stopping at about 10 a.m and I haven't been overstaying my welcome. Now you know that means I've left some money on the table because there have been opportunities between 10 and 11 or 10 and later in the day that I've missed. But by shortening the time of day that I'm going to trade, I've been really aggressive during the time that I know I can trade and then that's it.

I'm done. So, I've done quite well in this little window here between 8 am and 10 Am. Uh, let's see. So if we look at price and volume, majority of the profit on stocks between 10 and 20 this week, a little bit between 20 and 50, and a little bit between two and five.

Not much there. Performance by volume Traded naturally. As you would expect, if I buy more shares, I make more money. However, something that's a little bit confusing here is the fact that, well, two things.

One, if you buy 10 000 shares and then sell them, you've traded twenty thousand shares of volume, so your volume is two times what you actually took. But then secondly, if you buy ten thousand, Sell Five thousand. Buy back. Five thousand.

Sell Five thousand. Buy back. Five thousand, sell five thousand. Then through that whole trade until you close it down to zero, the number of shares you traded will just keep increasing because it's still considered one trade until it goes to zero.

So when you import your trade, sometimes that can be an issue on stocks where you scale in and scale out. But that's not. That's not too big of a deal. So um, let's see distribution of trades by volume.

Um, so I took more five to ten thousand share trades and fewer more than 20 000 shares. It's interesting, but those fewer were more profitable. Okay, um, what's the instrument? I don't think there's a whole lot to see here. These were basically I traded one stock each day.

Hpi, Fulc, Sprt works, Zev Hchl was red and Acy was red. So those are the two stocks I was read on this week. Market behavior not too relevant. Um, although let's go to Instrument for a second.

So back to instrument. Um, one of the things that's interesting is my performance of profit by the instrument's volume. So the instrument is the stock. So I made more money on stocks with higher volume.

That's typically the case right now. Higher volume means I can get in and out with bigger share size performance. By the instruments relative volume, I made more the most on stocks with at least five times volume in on the day I traded it versus uh, the 50-day average. So why would a stock trade with five times higher volume? Usually because there's some type of news uh, that came out and results in the stock gapping up.

and hey, let's check this out. Um, performance by instrument opening Gap. All of my profits were on stocks gapping up more than two percent. Uh, in fact, there's a little bit there on not much of a gap, but actually it would have been if this went up like five percent or 10 20.

Almost all my profits would have been on stocks gapping up probably at least 20. So that was me focusing on the Gap and Go strategy. So Sprt yesterday, for instance, was a good example of a Gap and Go. So this is a stock that it ended up selling off throughout the rest of the day, which isn't surprising for Friday in the summer, but we got some good opportunities on pre-market pre-market it was squeezing up, so it was already showing that it was going to Gap higher meaning it was going to open higher than it closed the previous day.

We had a really nice pullback entry right there at 9.35 Pre-market gave us a move up and we had a really nice red to green move. On the brink of V-wap right here on this big green candle at about 9 45, 9, 40. So there are a couple of good opportunities on this one. This was a stock that was gapping from the previous day's close at about eight dollars.

It opened the next day at 9.77 So it's gapping up over 20. So 20 gap there on sprt. Ahpi. On the day that I traded this one, this one sold off quite a bit.

Um, but it was moving up here over the course of sort of three days. It kept spiking and then selling. spiking and selling. So I traded it a couple of days.

Um, I don't remember. let's see which one so. well. in any case, either, it doesn't really matter.

So like this day, it um, this day it closed here like 10 bucks and by the next morning it was already showing it was going to be gapping up from 10 to 14 which is like a 40 gap. here. On this day it closed right here. The next morning is at the top of the gap scanner showing a gap up again of like 20 30 percent.

This date closed here the next day showing a gap again. this time almost 50 percent. So we kept seeing that this was the stock was on the Gap scanner and it traded within this range of the that I drew here this ascending support and descending resistance. So this is one that provided a number of opportunities jumping in.

Uh, this is a five minute chart, but on a one minute chart you would see if we dialed into just one of these setups here like this. right here is a micro pullback right there. So that's a micro pullback, which would have been a possible entry. These were pullbacks right here, right here.

This one was a little bit of a steeper one, the smaller one right there. So those are all possible entries on a one minute chart. This one back here would have been a possible entry here and here, and then again here. Maybe in there and then up there getting a little more extended.

Uh, so let's see which other ones we have. We had Fulc all right. So Fu Lc was also a gapping stock. so this one was, uh, gapping higher and did continue a little bit.

it went. This one moved more than I thought it was going to charts having a hard time loading. Give it a second. Um, let's see.

So we had Hpi Sprt. We've already looked at. Let's see if it works and look it works and then go back to the other one. So works was on Monday.

you can see this one. This is Monday here, so this one had a little bit of a pre-market um, breakout. It had a little pullback there and then did a bit of a red to green move, squeezed up here and then continued higher later in the morning. Of course, that would have been without me because I didn't trade past 10 a.m but uh, this did provide some opportunities so stocks start squeezing up early from three dollars up to four.

We see that there's breaking news, that's why it's up 30 percent buying a pullback and then riding momentum as it continues higher, being quick to adjust stops and manage risk because of course these ones can be very volatile. And then here's fulc. This one over the last couple days has provided more opportunities than I expected from 22 up to 25 yesterday. But the day that we were really focused on it was the first day because look at this.

The previous day it had closed at eight bucks and by the next morning it was at 13. it was up almost 78. I mean, that's a huge gap, so there were opportunities on it pre-market As you can see right here, this breakout would have been at 845 and I believe I did trade it. Another break out here, but then a false breakout sells off and then another ready green move, then pull back, pull back, pull back, and another pull back right in this area.

So a number of opportunities in it, and then this thing just kept grinding higher throughout the morning throughout the afternoon as well. So that one is one that I left quite a bit on the table on. I didn't trade it as much as I could have, but and we did have some nice trains on and generally pullbacks. um, have been sort of the easiest setup for me in the last couple trading weeks.

The Zev went up a couple days ago as well. it held up relatively well, made sort of this big move pre-market continued higher. I didn't make a lot on it, I wasn't really as aggressive and then acy this one. I mean, yesterday it had a low of 20.

let's see a low of 31 and a high of almost 40 bucks. So that one's been really volatile and if we look at that on the five minute charts, a little easier or even just the daily chart. So it broke through 38 which was its all-time highs in one day. This was back in December of 2020 and one day this stock went from six to thirty eight dollars a share.

It was crazy. It was really wild, so now it's just grinding back up. You know? What's interesting is the volume is so light right here compared to the volume of this day and the volume you know these days right here. so that's made it harder to trade.

Lighter volume is not preferable for me and as a result I haven't really been able to feel comfortable. I took i think just one trade on it and lost a bit. So 600 bucks? No big deal, but yeah it's been. It's been a bit of a harder one.

It's moving, but the volume is so light. So anyway, so that's kind of a look at the stocks I traded. it was Works on Monday, it was Fulc on Tuesday. Um, and then I don't remember which eight Friday was sprt Hpi might have been Thursday? I don't remember what was Wednesday.

Um, but maybe it was ahp items. But in any case, so um, had a pretty good week this week. Sixty thousand dollars. Uh, just about in five trading days.

Which is good. So there you go: One, two, three, four, five. nice green days in a row. Trading between a low of seven and a high of 22 trades a day individual trades.

So that's a nice week If I could do that again next week. And the week after. All of a sudden, that's you know, almost 200 thousand dollars. You're talking about a really nice hot streak.

So this feels like possibly the beginning of a hot streak, especially having such strong momentum as what we had on. Um, you know, these last four days Tuesday, Wednesday, Thursday, and Friday, it definitely feels like we're moving in the right direction, but at the same time, it's still August, so I have to manage risk and be a little bit cautious. If I can maintain this type of profit loss ratio for the rest of the month, that would be phenomenal. I mean, having average losers that small is is really solid, and as I said, it's easier to keep those losses a little bit smaller.

When I trade a little bit less volume, I don't trade as big of a share size. Now, if the market does, um, start to move higher and or sort of momentum kind of picks up and we're seeing bigger and bigger moves, then it is going to be the right decision to increase share size and try to be more aggressive. I just have to manage that sort of in real time based on what the market is telling me. So if the market is telling me it's time to be aggressive, you know we're seeing multiple 75 gaps and then intraday big moves.

I will absolutely be stepping up shared size and putting the pedal to the metal, but the market has to give me that cue to do it. I can't do it just because I want to make more money. If the market is not supporting um, you know, or not providing those types of moves and I can't I can't justify taking the risk that would be required for those types of wins, which would be larger positions and which if they go the wrong way, could be pretty big losses. So yeah, that's um, that's my breakdown of, uh, sixty thousand dollars in five days.

As always, my results are not typical. Some of these positions were fairly large. Probably the biggest position was about five hundred thousand dollars. Most of the stocks I was trading were marginable, but not all of them.

So uh, five hundred thousand dollars on the non-marginal stock would require 500 000 in your account to be able to take that same trade. So you have to recognize that I do have a higher risk tolerance than most. And you should also recognize that most beginner traders lose money. so you should assume since my results are not typical and that most beginners lose money, you will also lose money.

And with that assumption in mind, practice in the simulator before you put real money on the line. Now one of the good things is that August, September typically slower months. These are good months to be practicing in a simulator. We've got our Dog Days of Summer sale going on right now, which you guys can check out over at Warriortrading.com if you'd like.

We're doing a little special sale as we get ready to wrap up the summer here last couple weeks of August and then we're gonna roll right into the Fall. It's gonna be September, October, November, December before you know it. And that's the time of year when we as traders want to be dialed in to capitalize on the opportunity because that's typically when we see the most opportunity. So I encourage you guys to start practicing, get in the simulator and but always take it slow.

All right. So I thank you guys for tuning in and I hope you enjoyed this little recap of the last week. It's a bit of a weekly recount. Uh, five days and sixty thousand dollars in profit? All right.

I'll see you guys first thing on Monday morning. All right, See you then And that right, There was an entire video with no ads. I don't monetize my Youtube channel with video ads, which means you guys get to enjoy the content. But do me a favor.

please hit that subscribe button and give me a thumbs up and let Youtube know that this channel is the channel to watch if you want to learn about day trading.