What's up you guys? All right? So this is like take 35 of my intro sometimes I You know I like to have good intros and sometimes it just doesn't come on the first try. just like I don't know. So anyways, take 35 and take 36. What's up everyone? All right? So here we are and for real this time take 30.

17. Hey everyone Alright, so here we are. It's the first day of July and I'm up $27,000 So not bad. That's a good start.

I'm I'm happy with my profit today. I I Think the reason I've been kind of struggling on this recap is because I've been thinking a lot about the frustration that happens of losing money on the first day of the month, right? Because I've had it happen so many times in my career. so many times it's actually like a pack a bad habit. Then on the first day of the month, I take a massive loss.

Why does it happen? Because on the first day of the month I give into emotional impulse I I have this emotion. which is that it would feel so good right now at the beginning of the month. because the beginning of the month, as long as you're not holding a trade from the previous month, you're break even, right? So you're zero. So everyone's at the same spot and we all want to build that cushion a profit on the month as quickly as possible.

We all have monthly goals. Mine is typically $20,000 in a cold month 45 Excuse me, $40,000 I Couldn't do another take there, but we'll just keep going. $40,000 in a Goodman And so you know. Of course, last few months have been even more than that.

But if $40,000 is a good monthly goal and the fact is, July Summer trading July can be good, but some our trading can be slow. so tonight could be anywhere from a twenty to forty thousand dollar goal. And so the point is, it feels so good to try to make all of that in one day, make your whole goal in one day, and then the rest of the month is smooth sailing. I Always in school and my middle school teacher can attest to this: I was my mom.

you know, probably lots of moms do this keeps us like all these things and so she brought up a box of my some middle school report cards and the teacher said that Ross He kind of rushes through his homework. you know he? he. just like he said Ross His final report shows a complete lack of understanding of the topics discussed in his class. and you know I've talked about this before When I was in school, my goal was to finish homework as quickly as possible.

Really? I Just I wasn't super academic and although I ended up doing okay in college in in the early years of school I Really want to be outside playing my friends and doing fun stuff and I think that emotional impulse is just like get it over with and it's checked off my list. Even if it's not perfect, it can kind of carry over to trading, where first day of the new month, it's just try to hit a home run, get into the driver's seat, and if you have to get kind of scrappy and just trade something that's not perfect or whatever, you do it. And the fact is, that's not really a recipe for success. and in fact, more often than not, it's caused me to go red on the first day and then second day of the month.

I have FOMO I'm frustrated I'm upset about the loss I revenge trade and it turns into a second red day, a third red day, and before I know it I'm a weekend of the month and I'm down twenty thirty thousand dollars. Potentially I've lost my monthly goal. So now I've got a double my monthly goal just to get back to the actual implicit. And so for those of you who maybe read right now, whether to first day of July or you're read from the month of June and you're still kind of carrying that frustration really encourage you to step back and look at your metrics.

Those training metrics to me are so important because those metrics when you look at them and I can look at my metrics and see you know what. The last couple days I've had a couple unnecessary losses on Fomo trades on high-priced stocks I had almost $8,000 loss today I'm the MTX the $73 stock jumping into it coming out of a halt and 3000 shares lost $2 a share boom just like that like instantly was down to spring and even though I understand why I took that trade I would say it was a FOMO entry I didn't wait for a good entry and it was. It gave in to that emotional impulse. So you know if I look at my metrics and I can notice that pattern I can from that day to make a decision to try to improve my trading.

So tomorrow, which is the last day of the week because we've got Friday off for fourth of July early. it's a third, but you know I might say okay tomorrow would be really careful on anything that's a large cap stock over $20 even though I had some profit on those and in June and in May Perhaps right now, that's not where we're seeing really good momentum in the market. So for me, reviewing the metrics is usually part of creating a game plan of how I'm gonna dig myself out of the hole knowing that you don't take yourself out of the hole in one homerun. It's so much easier and much more practical to try to hit 15 base hits than one homerun, right? So over the course of 50 base hits of you know $1,000 I can make back to 15,000 or whatever formed their team that I lost yesterday.

and as it turns out today, over the course of five stocks that traded I am up 27,000 and I had essentially a bunch of basics. I had a couple of good trades like really good ones, but mostly a lot of base hits and a couple of you know, strikeouts too, but nothing major so you know regardless of where you're at here tomorrow. Second, pay the month. Okay, you know I know it's it'd.

be nice to get a redo, but you can't do a redo. So second day of the month July 2nd put today previous day's behind you and just focus tomorrow. I'm trying to take the best quality trades. Follow the rules, don't give in to those emotions and trade as little as possible.

Less is more. You don't need to over trade you back, you probably shouldn't Less is more. Couple good quality trades and then walk away and enjoy the long weekend. All right.

So I'll be back at it. Live streaming first thing tomorrow morning right around 9:00 a.m. you're on YouTube and Facebook if you haven't already subscribed, make sure you hit that subscribe button. make sure ya thumbs up button and I will do a live stream I Don't know if I'm gonna do one tomorrow.

haven't decided yet I will do another free live stream on YouTube at some point, but I We haven't gotten 5,000 thumbs up for last week's video yet I Checked last night and we were at 5,000 yet. So now as I said 5,000 thumbs up I'll schedule another live stream so and hit the thumbs up button both on that video from last week and from this one. and maybe I'll do something tomorrow or if not early next week. Alright, so enjoy the recap.

We're gonna break down the traits from today, where things went right and also where things went wrong. and I'll see you guys back here first thing tomorrow. All right, nice work. Take 37.

That was the one. That's what they always say. Take 37. All right everyone.

So we're gonna do our recap for today. I You know I had a red day yesterday and I was a little disappointed. My accuracy yesterday was 36% which is pretty terrible. So when I sat down today I was like number one I need to take it slow.

All right. So that's my. this is my little turtle here. Take it slow and number two I need to wear my cactuses.

This is kind of how I clear the slate. So clearing the slate came in this morning and you know I was a little worried because you know yesterday was not a great day. I mean it really wasn't a great day at all. Not only did I lose $13,000 or whatever it was 12 I somewhere around 12 13, my accuracy was just so bad you know it wasn't like I had a good day and then I had one.

you know bad trade. It was just generally not a great day at all. and I actually had profit and then I gave it back. So this morning as I sat down I was telling myself again not to try to be negative but I was like listen this first day of the new month really don't want to read a second read day here I don't want to start the month with another read day so let's try to.

let's try take it a little easy. So as I sat down around 9 o'clock I did my pre trading checklist and he know it's funny cuz yesterday I sat down and I was like yesterday morning I sat down and I was like man I'm exhausted I didn't sleep well but you know it's fine. So today again I eat well. Did I sleep well? Yes and yes Alright good.

better than yesterday. Do you have a couple stocks on watch that I like and what's the condition of the overall market and as a reminder to everyone and out there who is learning for me, do not blindly follow me or anyone else. So that pre trading checklist and I sat down and I saw my OS was our leading gapper in the entire market. so I'll make this kind of big so we can focus more on charts.

so my OS leading gap in the entire market. Well, I'm actually down 4000 on I Had one trade with 25,000 shares that I bought right here for the first one minute candle to make a new high. I was in at about 35. it squeezed up to 50, hit a high of 51 and then dropped right down to 3:11 and so with 25,000 shares every 10 cents is 2500 bucks.

So it dropped down 10 cents I was down 2500. that was a 25. it dropped down to 15. I was down almost 5 grand and I cut the loss down 4400.

So you know the thing with trading with big size is that those winners I mean the winners. They add up quickly as you can see with o LG N LH L G HL but the losers add up just as fast. and sometimes one of the expressions that we have is that the Bulls take the stairs and the Bears take the window or the Bears take the elevator. meaning that it's often the case that we see stocks kind of grind higher and higher and higher and higher and then all of a sudden you know the bottom falls out and you get this big drop and I don't know why it's that way I think it's It's really probably just a reflection of the fear and the greed in the market.

But and at the same time we've also seen some stocks that do go almost straight up. so sometimes the Bears do seem to take the elevator, but whatever. So my OS that was frustrating, especially since a few minutes later does pop up to 63. But now it's back down here at 265.

So I also had a couple of trades on it earlier in this area here for the squeeze up to three dollars. but I sold early and then I got back in up here and stopped out. So I was actually only up 260 dollars or so before this trade and then that one got me for 4400. But my first trade and so we're going to look into that one.

First is the leading gap in the entire market gapping up a hundred and forty seven percent. Six four million shares as 6.4 million share float and 6.5 million shares of pre market volume pre market before the bell even rang. Right now, let's see it has a hundred and eleven million shares. lots of volume.

Second-leading gap was yr CW which I have traded before and I'm honestly not that impressed with the action. although you can see it had a little bit of a move back here in September and you know back here it's just not I don't know. It's one that's a little bit more difficult to trade. It's a thirty five million share float.

It had eight million shares of volume pre market. It was already pulling back by the time the bell was ringing, it was looking weak and so unfortunately on that it just didn't look good. So no traits at all. Next one down TT Oo gapping up 65 percent this one again at the Bell who's already kind of stair stepping down and so is my OS which is why I wasn't really interested in my OS until it broke over to 85 which was this pre market pivot.

Next one q LG n q LG n up 61% at the open and this one actually gave us a couple of nice opportunities for a pre market trade. So I had a long on this I think it was for the break of 650. Yeah, it was right here for the break over 640. so I jumped into this pre market I think this was around I camera board I think I got in at 625.

That's right, so let's look at the 1min chart. So 625 was this little micro pullback right here it hit 625, it pulled back and then as it curl back up I added for the break over 25. the pre-market high at that point was 635 and it squeezed up to 35 I added it broke 35 to hit 40 and squeezed up to 59. then the first one minute pullback right here I added this squeezed up to 66 and at the open I took a gap and go trade long for the break of 650 adding in to 666, 75, 20,000 and we got a squeeze on this up to 742.

First one minute Campbell to make a new high back in there and a squeeze up here to a high of 750. and then there's the Bears taking the window as it also drops down a bounce off video app it pops up I took a dip trade here and lost on it and at that point I was like mmm I'm done I'm not going back at this I already went through that yesterday with Carv so I'm done $22,000 and that was after giving back some profit here. so it's probably up closer maybe 25 or 27 but walking away with 21 or 22 which is good. So that was all in the first pre market up until 9:40 so by 9:40 a.m.

I was up $22,000 My next trade was bien TX now bien TX I'm down 7900 on and this one had a big move pre market and then got halted. it resumed, opened, it dipped down for a second I took a starter of seven of 1000 shares. at 75 it flushed down to 73 and I stopped out for an $1,800 loss. so I was like I then got back in as it curled back up through 75 and squeezes up to 75 73.

this time I took 3,000 shares in at around 75 50 and it flushes down to 73 50 and I lost $6,000 on 3000 shares $2 a share and with that I was like okay I'm done so higher price stock. a little bit more aggressive, but that Kovach catalyst I thought was gonna be stronger it was. It's an early report Pfizer and Bian Tech Biotech early early early results that it's maybe producing some positive positive data, but the market didn't really respond to it the way I thought it would. So kind of was bumped out there because with that I was up 22 and then down 7.

I was up only about 15,000 and I was like okay, you know what, this might be the time for me just to stop. You know I'm not sure whether or not I'm gonna get any more action and that was before the loss on my OS and before IP WR and before l GH l So the next trade was on my OS at about 285 as it was curling up and I you know again I had a couple winners on it and then I gave back the profit. So it's sort of like from that's Not Really working LG HL was an interesting one. this one hit the hide a momentum scanners right here.

so this was the pre-market Hyatt this is the Hyatt 75 so it came up right here and is it tapped 75 I Pulled it up and I realized that this setup was one that we actually teach in the small Cap classes and let me just pull this chapter up so let's see. I'll just grab this here for you. hang on one second. All right.

So this is chapter 8. so we've got a chapter 8 long setup that what? I'm gonna work on soon. So these are the Dip strategy back here. We've got the view at Breakout back here.

We've got recent IPO Breakout. So the recent IPO Breakout chapter A set up 12. We've seen these recent IPO stocks make some really impressive moves GMP X somewhat recent IPO all the Sun ripped through 6:23 and off it goes. Here's another one.

here's another one. Here's another one we've got I mean a bunch of them. So it's a pretty well-defined set up at this point that when you have a somewhat recent IPO that when they start to open up and they break through the all-time highs that they have no upside resistance and so you could easily on this type of stock see a move from 450 to 550, 650, 750, maybe even 10. Now this had two problems.

Well, the first it has a problems but also has some things going for it. What I had going for it yesterday was that it did spike up on one point. Two eight million shares of volume. Today it's got four million shares, so it's continuing that momentum I Jumped in.

There was a fifteen thousand share seller right here at seventy five and as that started to break, it went: 15, 14, 13, 12, 11, 10, Nine eight seven, six five, four, three Two one that is that set up on the level two that we talked about so many times in the classes it is A it's a seller getting bought up and so we've got so many videos where you see instances of that and you see how as soon as that seller gets bought up, you get that quick snap, you get that quick pop and so I jumped in there and then I added as squeeze tire into a halt at 293 I then put an order to add at 350 it opened, it dipped down I added at 350 and it rips into another halt right here at 375. Now as I added as I took profit for the break over 350 it pops up through 350 right into the halt. another halt. It then opens and hits a high of 410 right here and the first 5-minute camel to make a new high.

The break of four I was back in it for that set up and but you can see unfortunately it did and did nice. dip off of the V whap right here and I was long I then added right here at four and unfortunately we double topped and so what this stock did not have going for it was anything other than a technical breakout. Tactical breakouts on recent IPO stocks can work. They start hitting the scanners, they start squeezing up.

Traders realize there's no upside resistance and they can work. You can have a good a good trade, a good opportunity, but I think inherently some people see no catalysts and they feel like it's a little risky. It's a technical setup, but there's not fresh news and so the two technical setups: break of the previous day's high 3:44 and then a recent IPO breakout for anticipating a break over 450 and unfortunately it just couldn't do it. So although it was a nice winner for sure and both right here.

adding right here and a taking profit up around here the high was 410 and then adding on the break, the dip of the V whap and then I did I did another dip tray right down here but this one didn't work out as well, kind of went sideways and then came lower. I Would say if this through the afternoon can trend back up and get over the V whap. it wouldn't surprise me at all to come back later or tomorrow and see the did break over 450 and just because this one didn't work today, it's still a recent IPO setup and it's still something that I will come back to and keep an eye on. The Breaker: 450 is really the spot.

Today's high is 410 yesterday. a good example of afternoon momentum on Pol A. So the morning you know some follow-through but then false breakout up here. As you might recall I took a loss on that and a drop back down broke the view app very weak and then you know through the afternoon 1 2 o'clock it starts to curl back up gets a break through the highs and off it goes from 3 up to 4 to 450 after hours up to 550.

So I'm not interested in sitting here for the next 4 hours in hopes that maybe that will happen because sometimes it happens. in some days it doesn't but this is one that I'll keep an eye on tomorrow. and Q LG n Similarly, I mean you never know this one might curl back up above the view app. but unfortunately although it was a nice gap and go trade and gave a nice pre market trade, it isn't holding up yesterday.

and the reason I was concerned yesterday was because of how difficult the the trades on Carve were. Carve being our leading gap or and failing so miserably So while Carve was really nasty out of the gates I would say QL GM you know which is the biggest winner today was actually pretty decent. It gave us a pretty nice clean gap and Go trade on a squeeze from 666 up to 750 almost a dollar a share. So I like that I thought it was good, but you know? so so maybe tomorrow? I Don't know.

maybe. Does that clear the slate from that choppiness that we had yesterday I don't know I'm not sure it's hard to say, but when I sit down tomorrow of course I'll be looking at the Gap scanner. I'll be gonna see some good you know, good stocks on there and maybe you know we'll get some good momentum. We'll get some good opportunities and we can, you know, make a little bit of money.

so it's only the first day here of July Nice to start the month with a cushion, but I've had many months where I started in the red. So if you're starting in the red today, one of the things that's really important and we talked about this yesterday is trying to stop the bleeding. so it's just trying to tighten up and figure out where you're losing. We're having these excessive and sort of unnecessary losses and tighten that up first, trying to then trying to just focus on hitting home runs and getting big winners.

that's not gonna. that's not gonna really get you out of the hole. you got tighten up the losses first. the winners will follow.

Alright, so that's it for me. I Hope you guys have a great afternoon and look back at it first thing tomorrow morning. July Set and don't forget if you haven't already checked it out, our fourth of July sales are currently running so you can come over to Warrior Training Comm to check those out All Right See you guys first thing tomorrow morning. Oh hey, I didn't see you there.

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