What's up you guys? Alright, well here we are. Another green day. You hear the dog? hey girl, come on girl. can't really imagine anything's happening, but you know she might have heard me and gotten confused.

So anyways, the hot streak continues this morning. finishing up sixty eight thousand dollars. Too big a purrs, crazy momentum and you know, pedal to the metal. I'm not slowing down yet.

it's kind of insane I Don't know what is the new normal I Don't know what to expect when I sit down each day, but we just keep seeing stocks go up two hundred three hundred, four hundred percent again and again and again. and so within That obviously are huge opportunities. One of the things we talked about in class yesterday it was as a beginner trader. One of my goals was just to try to capture like twenty cents a day out of the market.

Fifteen twenty cents a day with a hundred shares. That's fifteen, you know, twenty dollars. Alright, it's not a lot of money, but you start scaling up to 200 shares, 400 shares you get to a thousand shares, and now twenty cents. Who's two hundred dollars a day? Two hundred days, 50, Two thousand a year? I Think the problem that a lot of beginner traders have is they think oh, I'm only trading you know with twenty thirty shares or hundred shares.

Therefore, I you know should try to make like thirty or forty dollars a day and you're not gonna make that unless you're catching really big moves which in this market you might be able to catch but that would then if you translated that to then trading with three thousand shares then it's like trying to make you know six thousand, seven thousand a day with three thousand shares I Think that that's unrealistic I think that if you were making a dollar a share out of the market every day you're doing, you're doing really really well. I mean you're in the 99 percent tile in terms of success. So setting the bar low or the problem is you know again, if you're trading with ten or twenty shares, that means realistically being okay with only making two or three dollars. which in terms of scalability would be okay once you're trading with a thousand shares.

But I know, with you know, 10, 20 shares, or even 100 200, it feels like what am I doing selling this for $14 a profit? it's not worth it and it can take a while if you start with an account that small to scale up to bigger size. But the problem for me whenever I've done small count challenges, people say well, geez, Russ you know you're only making $14 on that trade or $12 on that trade and it's like yeah, well I'm trading the exact same strategy that I trade with bigger share size with small share size. it works. Yeah, it's gonna take me a little longer those first few days to grow the account, but I know this works If I start saying oh, because I'm trading with the hundred shares now I'm not gonna sell it when I'm up 20 cents I'm gonna wait till I'm up a dollar a share.

How many times am I gonna not take profit off the table? It ends up turning into a loser many times and then my accuracy goes down and you know it. Just it's a funny thing, but I know trading with small share size can be. It can kind of force you to feel like you have to adapt your strategy to the share size and I think that that in my opinion is a mistake but again it's just my two cents. So anyways, today walked away with not just 10 20 cents per share out of the market but with some serious profit as we saw a couple stocks make some huge move.

So good job! For those of you guys that nailed you O-n-e or rose you the two stocks that were the most volatile I'll be back at it tomorrow hoping to see something else on the Gap scanner pre market that's up a hundred two hundred three hundred percent and then ride that momentum markets hot and pedal is to the metal for the month of June here which right now is the best month that I've ever had. this you know III don't even know how long to expect that the markets gonna be like this. May was the best month I'd ever had and I've already broken base profits I've actually doubled Mays profits already so you know now it's kind of like I guess I'm just continuing to take a day by day and not really think too much about what my annual goal is or what is gonna be realistic to expect because when we eventually go back to the way things were maybe a year ago now, I'll obviously have to adjust my my expectations, adjust how aggressive I'm being, and be content with making a lot less. But as long as the markets hot you know, hot fishing, keep throwing that net out and catching fish and you know, doing what you can, it's a window of opportunity.

When it closes, that'll be it. So you know again, that'll be it for this period of time. Then we'll go through an AB or whatever and then it'll pick up again. But this is the craziest I've ever seen the market in my years of trading.

So we've seen crazier markets before, but it was a little earlier in my career and I wasn't able to capitalize on it the way I am now. So it's possible that you know five six years ago during some of those crazy markets I would have said that's the best I've ever seen it I just didn't make a lot during that time compared to now. So I don't look back at it the way I'd Now I'm thinking about this, but it's hard to say what someone else might say is the last time they saw the market this crazy. So anyways, that's it for me.

Enjoy the recap! I Will see you guys first thing tomorrow morning. Live streaming right here on YouTube Make sure you hit the thumbs up button, hit the subscribe button I Really appreciate it and see in the morning. Alright bye you guys All right at once. So we're gonna do our recap for today: Finishing the morning up: sixty-eight thousand, two hundred, twenty eight dollars and ninety one cents trading for different stocks.

The first one was Rose You there? That's the one that I'm up the most on. you owe any CTI B&M CEP So for stocks, green on all four Momentum today. better than yesterday and we can tell for two reasons. Number one, you owe and he was on the watchlist pre market.

so before I took any trade on it, it was on the watchlist I said I'm interested in it I like it and these are the levels that I think look interesting. The break of the previous day's high for a continuation set up so I'll make a note to myself to add this one to continuation. Let's say continuation UO and II for the classes and I had another one that I grabbed today. what was it I can't remember but anyways so you won't any nice continuation.

It broke eight and ended up squeezing all the way up to nineteen dollars and twenty three cents. I made $29,000 on it. Amazing! I Mean this is unreal. This halted going up.

Let's see, it halted right here. So what's hang on? Let me switch this. so I'm gonna switch back to you Oh Any so this halted going up First, it halted right here once and then it halted another time. right here.

kind of pulled back a little bit and then it halted right here here here here here. No, it resumed there. it's squeezed up. Then it halted going down here and a second time right down here.

So as squeezed up I made about twenty-five twenty-six thousand dollars on it I actually tried to buy the dip and I went long right before I thought this was just gonna dip down for a second and pop right back up. I actually got long right before that Hulk Going down it resumed down here and I added at about thirteen thirty or so thirteen forty it pops up to fifteen. I took my profit, it drops down some more I did another dip entry down here it pops up to thirteen twenty some profit I did another dip entry right here it pops back up and I took some profit. So I got myself up to 29,000 trading a couple of dips.

That is a dip strategy that is going to be taught in the new round of Momentum Day Trading classes in Them. Teaching right now is part of Summer school. It's a complex setup. It's a higher-risk setup.

It requires you to already be a profitable trader because you need the experience to have some educated intuition about when to hold it and when to cut it. I've had a couple of Dip trades, they have not been great at all and have become big losses. I've had a couple that have been absolutely phenomenal and have turned into some of my biggest winners by first buying the dip and then adding as it rips up through the breakout. So you know it's a strategy that I've been implementing since March and it's definitely helping me make more money.

And I think it's one that once you've learned the basics of one of the Gap and Go or simple or Momentum strategies, it's not a bad idea to learn. There's a lot of opportunity there, but again, like anything else you know you've got to respect where you're at in the learning curve so you owe any great opportunities going up. Coming back down not as easy, a little bit tricky, so that was you. Ome and then Rose you.

This was kind of interesting because pre market this had over a million shares of volume. It squeezed up pre market from this double top right here at four all the way up to five fifty pulls back back up through five fifty, up to six. Back down up here to a high of what was the 649 or so and then drops back down on this one. We actually had a nice pre-market setup which was a double bottom.

Alright, so on the one-minute chart this formed a double bottom just above the web at Five Ten and so I got in at five twenty with a stop at about five twenty cents top. It ended up squeezing up. and then what it did is it created a five minute bull flag and the first five minute candle made a new high as it broke over 564 which was right, the high of this green candle 564 and that gave us a move up to 667. So that was a really nice pre market bull flag.

Again, trading pre market only when we've already got a stock. this up a lot. It's moving quickly and it's one of the leading Gabor's and this one was hey nice Payton showing a $17,000 Green Day Let me pull up another chat room so I can put that on screen show. you guys post how much you made today and how you did.

We've already had about 30% of our students log out of the chat room for the day so not gonna be able to get everyone's P&L but good job. For those that locked up some profit today, that's definitely nice to see. So Wow Okay, so Joseph there he's got 18 thousand dollars on rows you a $2,400 loss. So fifteen thousand dollars? Wow that's I don't recognize this platform I don't know what you're trading on but but good job they're a good day.

Devin hey man Green is good. you know, pay yourself, that's great and then Peyton right here $17,000 That's awesome dude. Good job man, that's that. feels good.

You definitely got a pat on the back for me for that. So it just goes to show there's a lot of opportunity in the market right now. I Today probably could have been a little more aggressive on you Oh any rows you I traded pre market and then took more trades out of the gates for the break of this pre market candle right here. So I was back in here it dips down and I did some dip trades on it so overall did well on it and then switchgear cuo any CTI be hip.

the scanners did a little micro pullback and I think it was 77 377 squeezed up to 410 MC EP jumped in this for the break of 8 it squeezed up to a high of 8 42. So today you know I at this point feel like I might be leaving a little on the table on you Oh any. but if it reclaims the V whap and curls it might have some more in it. But $68,000 is a pretty sweet day so I'm gonna be grateful for that and no reason to overstay my welcome David Nice! So is this a scent? this at Cmeg accounts of 4,500 Nice Man David 600 Monica Nice 300 Bret in the simulator.

Nice work, Good job man, that's that's really good to see you guys are I mean I Love seeing you guys making money I know it's not gonna happen every day, but no trades today? All right. Well it's okay. Nice in the simulator there. good work, very cool simulator trades, some simulator trades.

good job all right. So you know this is a it's every day's a learning experience and learning. trade through a market that's really really hot like we have right now is tough because it does feel like you can I can do things like chase stocks and buy stocks high like you owe any at nine dollars or ten and well, it rips up to 18 so there's still even. You know, as a momentum trader, we buy high, we sell higher, but right now it's like we sometimes are buying really high and selling a lot higher and it feels it makes me feel a little nervous when I'm buying something.

at eleven dollars it was just at six bucks. but at the same time I keep seeing the follow-through so I keep seeing more opportunity. So I'm trying to be as aggressive as I can. Obviously the P&L is a good reflection of that on the month of June right here.

This is the best month that I've had. Obviously, it's probably going to be the best month for a lot of you guys. The market is is hot and last month was fantastic as well. So I didn't import yesterday's trades yet but yesterday was about 15,000 dollars of profit.

Let's see. so gross profit. I'm gonna be sitting right now. let me just see where I'm at on the year since January so on the year actually.

Oh this is cool. Okay, so hang on, let's let's go ahead and I'm just gonna go ahead and import these trends. Um, so did you to do again again. those you guys Summer School is gonna start in just a few minutes.

as soon as we finish this recap will jump into the Summer School class and we will be picking back up on the Gap and Go strategy which we got started on yesterday. So um, II was a Gap and Go but really became more of a Momentum stock. Rose You was definitely a Gap and go. It was the leading gap in the entire market.

And something that was kind of interesting is that Rose you. There's two things. Number one, there was no news on it. However, it's an energy stock and we were seeing Momentum in US oil fund energy stocks in general.

So I think it was catching some momentum with energy in general. and what's interesting is Rose ROSC is the actual stock Rose W are the warrants and Rose you are the what do they call it, the publicly traded share units or something. So it it was kind of strange that it was gapping up so much and moving sort of much faster than the actual stock. but I felt like you know I didn't really want it I mean it was the leading gap in the entire market I'm not gonna be stubborn and Sam I'm gonna not try to trade this opportunity.

it's clearly moving up even though it didn't make a lot of sense. I just figured well, it's it's moving. So I'm gonna try to ride the momentum and so I did. So let's see yesterday, did you to remember? All right? So let me check this.

I can't remember if I traded in my margin account yesterday or my IRA so it looks like I traded in my margin account? All right, Well that's good. It's a little money, so all right. So I'm gonna tally up where I'm sitting on the month and the year. so tomorrow is gonna be Wednesday and Wednesday has been my wildcard day so Wednesday's have been my most profitable day of the year.

last. Wednesday I made I think one hundred and fifteen thousand dollars Thursday made one hundred and thirty four thousand. No, it was was that Tuesday and then Wednesday was 134 I think Thursday was 58 and then Friday was 80 mm. So I'm excited here to be having a really solid green day.

I mean I keep wondering when momentum is gonna slow down and it keeps not slowing down. It's kind of crazy. it's just the market that we're in. and I keep seeing these headlines.

people talking about day trading and you've got what's-his-name the the guy who said Warren Buffett's you know old man Buffett is you know behind the times and you know he's getting like public spots on the news and because he's day trader now I mean it's it's just crazy how how many people are like oh I'm gonna start day trading so there's a lot of a lot of volatility in the market is a lot of people are coming in trying to get a piece of the action. So anyways Monday was 14,000 and on the year gross profit 955 so add that 68,000 that's gonna be gross profit of over 1 million on the year but that's gross profit net profit after commissions my Commission's on the year already ninety thousand dollars. so I'm gonna be I was at 8:15 59 in net profit before after Commission so today will be close to Nine, Nine Twenty or whatever in in net profit after Commission So I hope you know coming in at that 1 million dollar mark which is you know, absolutely thanks to the market dropping 35% and having this V-shaped bounce off the low and the recovery and just the amount of volume it's brought into the market record amounts of volume I mean you look at this right here versus I mean just go back. Like when did we have that amount of volume previously 2008-2009 So it it's pretty insane.

And of course at that time everything was cheaper. so you're gonna have more volume when it's overpriced, so it's pretty. It's pretty mind-boggling but we have an opportunity in front of us to continue to try to capitalize on the volatility, so let's do it. We back at it first thing tomorrow morning, watching the Gap scanner looking for the stocks moving up and trying to jump on that momentum.

All right you guys, that's it for me. I'll see you guys first thing tomorrow morning 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.

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