What's up everyone? All right? So we're going to do the recap here for today. So remarkably, uh, I'm read on Pbts, it's up 200 percent. but you know I by the time I was trading this, I was trading it with too much size because I was trying to recoup losses and so I was getting in for breakouts, it was only going up like two cents and I was catching flushes, stopping out, then getting back in on the next breakout. and I did that like three times and just so stupid.

Let's go back to the beginning of the day with Jan. So Jam was the first stock I traded this morning. This one, um, popped up to about 450, then up to just under five and it's one of the ones I was green on. Actually, you know today's an interest.

There's an interesting moral of the story today, but we'll get into that in a second. So uh, it squeezes up here and I bought it as it moved higher. I got a trade around this pullback right in here. Uh, squeezed up to a high of 488, pulls back, comes up at the open, and then flushes hard, comes up again, does the same thing flush his heart a second time, a third time, and a fourth time.

but it still got me right here. I got in, uh, on this one minute pull back thinking it was finally breaking out and I got caught in that flush. and um, so we had that pull back there. and then let's see.

the next one that I traded was Auvi, which I'm also read on Auvi. So I got into, um, a bad trade on this one. you know, Initially through this area we got a really nice move as it broke through 270, squeezed up to 304. a nice break of 304 up to 326.

I added right here. uh, a pretty big position and it ended up rejecting and dropping here back down. and so this is the one that actually put me from Green to Red. It came back up a little bit but I didn't hold through that pull back and it ended up going lower.

Apbo: This one was pre-market uh, lighter volume but clearly had moved quite a bit earlier. It was right under the view app and I was like, you know what? Let me give it a try because if it breaks through 50 and goes to 68, maybe we could reclaim the top of that candle. It didn't and that was pre-market I lost 500 on that one so that was kind of a bummer. And then we had Aerc which um, I did okay on pre-market uh not much action.

but then at the open we got this nice squeeze. So the way the trade, the way the trading day uh played out today. I went up 611 on Jan and I think Auvi and then I went to Red 500 with a loss on Aerc and I think maybe also a Uvi. and then I got myself back to up about 800 after the Aerc final trades and at that point it was like 9 45 and I said should I stop right here I was up 600, then down 500.

Now I'm up 800 and the answer is yes, I should have, but I didn't Uh, I kept trading and then I took the 3 000 loss on Auvi and that put me from up, you know, 800 to down 2500.. after that I tried to recoup losses and I started on Pbts as it broke a dollar. So my first trade was at a dollar and one cent and that was, uh, way back here. So I got in right here and this should have been just the red flag just to walk away, but whatever.

So I got in right here at 99 cents. it pops up to a dollar too. I sold the dollar one um and I was up 300 but only two, only 100 after commissions my commissions on that trade were two hundred dollars. Made a hundred bucks comes back up right here.

I didn't take that trade comes back up right here. and I got back in on this trade and I added it 105 and then I sold the whole thing at 106. and then I added back at 110 and then I sold at 108 and then I added back at 110 and took profit as it squeezed up to 119 and with that I was up on the day about 500. But I was still read after commissions by about a thousand.

so I still knew I had a thousand to go. Uh, I got back in at 20. I sold to 22.. you know, each time my commissions are 100 200 on this trade.

So my commissions in total on this, um, stock are 1 000, 500? Um, no. Sorry, I think they might be a little bit more than that. Um, no. Actually, that's about right.

It halts up. I'm not in it. On resumption, I bought right here, it squeezes up. and then I added right here for the break of 30 and right there.

Lost. Uh, stopped out at 12. full. Like 15 loss from a 125 average or whatever.

Big flush. Then I got back in as it came back up here. so I panic cell. Then I'm back in here with the same size I was just in.

and then I stopped out again. right here. Then it comes back up again. So I suppose that's the definition of over trading.

Uh, buying breakouts, not getting breakouts. and then it flushes, selling on the flush, getting back in for the breakout, and then again, false breakout catching another flush. So I did that, um, several times and it cost me. So, uh, disappointing.

You know, this is day eight of trading day trading in Martha's Vineyard. So through day one through seven, I made about, uh, twenty thousand, Twenty thousand in total profits. Day one through seven, Pretty good. Uh, the goal was a thousand a day.

So the goal was to be at eight thousand. Uh, so 20 was pretty good. Uh, well. now today I've given back 7 500 plus another 2 500 commissions.

So basically what you have, there are seven steps forward. One two, three, four, five, six, seven steps forward. and then a huge step back today. which is the equivalent of giving back.

You know, half of that. So seven steps forward over seven days. And then one day I gave back three steps, Three and a half steps. And that.

I think that's the. That's the reality for a lot of traders. I mean, it's the reality for me. It's just the way it's always been that it's like slow grind up and then drop, slow grind up and then drop, slow grind up and then drop.

And I'm frustrated because I should have walked away today. Um, when I said out loud, should I walk away right now and the answer was yes, Why didn't I stick with my gut on that? Why didn't I actually do it? I guess you could only say fomo. fear of missing out, right? That's the only reason. Rather than being content with a five, six hundred dollar day, I pushed it.

And so you know now I've gotta sit with a loss. and if I watch this thing go up to you know, break out on this five minute pattern And go to, a dollar, Fifty dollars sixty. I'm gonna be livid. I'm gonna be so upset.

And here it is. Noontime. I've spent the whole day sitting in front of my computer on the traveling trading station. This is the exact opposite of what I wanted to do.

So now I'm triply disappointed. I'm disappointed that I overstayed my welcome. I'm disappointed that after going red, I tried to dig out and then went further red. I'm disappointed that I've as a result, spent this whole morning sitting here instead of enjoying being away.

And four, I'm upset that now I'm gonna be thinking about this for the rest of the day, then I'm gonna be pissed off. So it is what it is that's trading. You didn't already know. It's not only risky, it's extremely frustrating at times.

and I don't know anyone that doesn't go through this. This is just the way it is. I wish there was a different way, but I don't know anyone that doesn't go through this. So at the end of this, uh, nine days of being here, the goal was 9 000 and after today, I'm sitting at about Well, let's see 9600.

Um, yeah, about 9 600, not including tomorrow. So if I don't trade tomorrow, then I'll have finished this uh uh, nine day stretch here. exactly where I wanted and it feels terrible. Isn't that funny? Well, I guess I better get a grip and be grateful for the 9000.

Uh, before I go and throw that out the window while I'm at it, because that's what happens. You start to lose sight of what you have. You're not grateful for the 800 you have or whatever it is. You throw it out the window.

chasing the next winner, chasing the next winner, chasing the next winner. And next thing you know you've got nothing. So I still have nine from this. Uh, you know, eight days of being on the traveling trading station and that's good.

I have to remember that that's good because when I'm no longer grateful for that, I give it away and it's gone. And today I I tried as hard as I could to dig myself out of the hole. And when you're trying to dig yourself out of the hole, you're desperate. And I was being desperate.

I was over trading with big size, a cheap stock that I don't like with a float that's too high and I kept getting chopped out so you know what did you expect for it to just squeeze straight up? I mean, sometimes that happens, but well, that wasn't a realistic expectation. And the frustrating thing is that you know the longer I sit here the more I see this five minute pattern and it looks good. But I can't possibly I can't possibly. So the best thing for me is just to stop looking and come back tomorrow.

So that's the game plan. Trading is always is risky. Most beginner traders lose money, even experienced traders like me. We fall into the bear traps and the bull traps and we get frustrated.

It's an emotional career. It's it's almost har impossible to separate the emotions from trading. So that's it for me and I'll be back at first thing tomorrow morning. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already.

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