All right everyone. So I'm going to do my recap for today: go over the trades from this morning. All of today's profits will get donated to a Um Animal Rescue in honor of or in remembrance of Betty White. So her birthday's on Monday and so I wanted to do something.

Markets closed on Monday and I'm not going to be trading tomorrow. so I thought this is a perfect day to donate some of the profit, well, all of the profit, uh to uh in her memory. So I was hoping to have a hundred thousand dollar green day so I could donate a hundred thousand dollars for her 100th birthday and I came up uh, 98 000 shy of that goal, finishing with two thousand, one hundred ninety six dollars, and fifty three cents. Uh, it is a green day.

Uh, but not very impressive. Uh, fortunately I did not go red today. My first trade was on Ispc and this one, as you can see was uh on the Gap scanner. So it was our well.

By the time the bell was ringing, it was up 12. So it was our fourth leading Gapper. So kind of not a very big gap, but fourth leading Gap at 12 percent and we got a couple opportunities on it. There was the initial news that came out at 8 a.m I missed that trade and then there was this curling off of sending support up to the V app.

I got that trade and locked up 430 bucks on it. It's you know, nothing to write home about, but a green trade. Tcat. This one hits our scanners and as a reminder for those tuning in on Youtube in case you already know, trading is risky.

Most beginner traders lose money and my results are not typical. So Tcat hits the scans down here in the 80s Uh, 83, 83, 84 and it rips up into a halt. I jumped on and rode the momentum into a halt, opens higher squeezes up to 467.. I was up six thousand dollars on it and then gave back two thousand dollars on this candle right here.

Got in for the break and the move back up to the high. Got stopped out. Now that setup that I was looking at was a lot like F-a-t-h yesterday. So this one, uh, halted up, had a red candle, pulled back and then ripped right back up.

So that's what I was looking for. We didn't end up getting it, but you know that's okay. It was worth a stab. So it was up 60 800, then lost 2400 on that false um, breakout there at two at 440..

So then I was up four thousand, five hundred on the day and then lost twenty two hundred on Dave D-a-v-e And I'm a little triggered because I watched this thing rip without me. I kind of watched it right here. I almost jumped in for the break of seven and then it popped over seven. Then I almost jumped in for the break of 710 and I didn't.

goes into a halt. Bought the dip for the break over 45 right here. Um, bought the dip and then it it. I bought the dip at like 40 41.

it then dips all the way down to 7-eleven I was like uh-oh I added on that dip looking for that rip. It pops back up here to 749.. I was looking for the break through that half dollar and then on this candle just rejected and I lost 2 000 bucks. which at the end of the day is a pretty small boss.

But um with that I have now given back more than half my profit from being up 6800 to being up 2000 and I don't want to give back anymore. And going into that last trade I knew that I couldn't risk more than a thousand dollars because if I lost more than a thousand, I would be triggered. And I did, I lost more than a thousand. I am triggered.

I am annoyed, and if I keep trading now, I'm more emotionally activated. I'm frustrated. and what would most likely happen is I would continue to give back losses trying to chase momentum. You know you.

You learn. If you've been trading for a while, you learn to recognize these triggers. You know yourself. and I'm very annoyed to be walking away here today.

Uh, giving back two thirds of my profit And it's quite silly because um, at the same time still have two thousand dollars more in my pocket than I had at the beginning of the morning. But uh, it doesn't change the fact that I was up 6 800 for a few minutes and then gave it back Btcs this one? Uh, yeah, a lot of traders were talking about it, but bitcoin type of stock wasn't that interested in this one so left it alone. Um, whatever. and I don't really regret that.

Didn't really do much. Dwac was watching it was tempted but felt it would be a distraction to try to focus on it. Uh, was watching this opening range, break, break, overview app, and then break through 71.70 You know you got a nice move, but I don't want to push my luck on that so I'm I'm just going to call it a day and say I'll live to trade another day. Not every day is going to be a big winner.

We know that it's just frustrating when these d what's You know? If I if I only made 2 000, I would feel very differently than having made 6 000 and lost 4 000. it's the psychology around that of having made and then lost, made and then lost. But that is trading. It's two steps forward.

Two steps back. Three steps forward. Three steps back. Today, with six steps forward.

Four steps back, I'm still two steps ahead from where I was three hours ago. But it doesn't feel that way because you, you know you had that experience, You would have been better if you had just taken two steps forward, but then eventually when you take one step back, you know you're back to, you know it's the same. It's the same thing, it's just all relative. So I'm looking forward to more volatility.

I, you know we. I'm always hopeful that they'll be, uh, you know, a great Gap scanner when I sit down in the morning and then this morning. you know. Aside from Rmti which was a penny stock at 53 cents, our biggest gapper was only 15.

So we just did not have a lot today to work with and I'm grateful that I got green. I I could have just as easily had a no trade day or I suppose had a red day. but you know, on that same, uh kind of note, I should have been more grateful for the 6800 on Tcat and not pushed my dang luck. But I did.

So you know that's that's the typical traitor mindset. If you're not aggressive, you're not going to be a good trader. You have to be willing to be aggressive to trade. You have to be willing to take risk to trade.

And those attributes will serve you really well during a hot market. And you know, during a cold market, you'll get frustrated. Yesterday I'd said something. um, that you know I started yesterday down 16 000 and when I was at that point I said, you know, this isn't going to be the best day for sure.

My best days don't start red 16 000. In fact, that's actually not true. My biggest green day ever where I finished up just under 500 000. I started red 25 grand and it was getting kicked in the teeth with that first loss that I came back out swinging hard and ended up being just the perfect level of risk in the right market environment to crush it.

I probably wouldn't have been so aggressive and so risky had I not taken that first loss. So um, in any case, I I generally don't want to start the day read and I: you know it's yesterday. I was grateful to finish green, but sometimes, um, the aggression that comes with getting knocked down can serve you if you know you're in the right market and it's suitable to be aggressive. Today, it doesn't feel like this would be a good day for me to try to come back swinging to try to make back the 4 000 I just lost.

We don't have a leading gap or the stocks that have been strong generally have not held up very well, so it seems like a better day just to throw in the towel and be maybe a little discouraged, but you know it is what it is that's part of trading. Gotta just put it behind you and come back. Um, you know for another day. All right.

So that's it for me. Uh, two thousand dollars. Two thousand, One hundred ninety six dollars will get donated to Um, Humane Societies for uh, in honor of memory of Betty White 100th birthday on Monday. I hope you guys have a great weekend.

You won't see me tomorrow, I'm going to be out, but I'll be um back next week and hopeful for some better momentum. Uh, I have been green every day so far this month but it's been a bit slower. I've had you know, a day like today which is going to be small gains. This was very similar to I think it was Monday small gains.

but fortunately today we did get a couple of good quality trades and so for those in Trader Rehab, there were a couple of you know, base hit trades that you were able to focus on and uh, so that's good. But yeah, I'm definitely looking forward to things picking back up again. It's a Gr. We're definitely a grinding kind of market where you just have to kind of get that profit.

You're grinding and just trying to get the most you can and then you know it's back to slow again. So uh, it's It wears on us and it doesn't matter if you're long or short. We all love volatility and when you know we have these expansions and with lots of volatility then we have a contraction where it slows back down So we're on a little bit of a slower period right now and I'm I'm hoping that it does pick back up soon, but you know there's nothing I can do. I mean, you know we we trade the waves and when when we see them, you know we know what to do.

But this is a day of looking out on a very calm ocean and there's just not a lot of waves and it's hard to make money when there's not a lot of volatility. That's just. that's the problem. So you can go out and you know, get chopped up you can try.

You can be selective and maybe you catch one or two or you can just wait till it gets better. but it is good to stay fresh and stay sharp. So getting out there each day and being content with smaller gains is is not a bad idea. I haven't hit my i didn't hit my daily goal once this week.

Um, I hit it twice I think last week or uh, or maybe three days last week, but not even one day this week. so that's a bit discouraging. At the same time, it's still four green days, so you know, can't be that disappointed. Still, four green days.

And it's better if you can have four green days than you know four huge red days because you were trying to go real big in the wrong market and you got crushed, right? That's that's not worth it. So stay sharp. Keep practicing. Study up.

We've got a long weekend. it's a good opportunity to rest up a little bit and we'll be back at it on Monday morning. Well, not Monday. We've got market holiday Monday, but markets open on Tuesday.

So uh, rooms will be open on Tuesday and I'll see you guys next week. And hopefully we do have some, uh, better opportunities. But it's just the ebb and the flow that's the way it's always been. I'm sure that's the way it'll always be.

Even if it was hot every single day, there would be days where it's more hot or days where it's less hot, so even then you would still have a bit of ebb and flow so you just have to be accustomed to that. If you're not able to get accustomed to that, then trading would certainly be a hard career and a hard endeavor because that's just the way it is. Okay, Uh, so again, I'll put up my disclaimers reminders always that trading is risky. My results are not typical.

take it slow. Most traders lose money, so I encourage you to trade in a simulator before you put real money on the line. and I'll see you guys next week. You.