What's up you guys? Alright, well here we are: 35th consecutive green day but you know what? I'm a little I'm a little frustrated. today was not nearly as easy a day as yesterday today. I actually made the bulk of my profits on N and DM the same stock that I did pretty well on yesterday. but pH un was extremely frustrating for me I had a good entry on it I then kind of got faked out sold and it ended up ripping up I made money on my first trade but I was in at a dollar 30 and it ripped all the way to 3 bucks.

I then tried to buy pull backs and I kept getting stopped out and I just got myself super frustrated I ended up actually giving back the three thousand dollars of well I'm down three thousand on it and I gave back probably five thousand almost six thousand dollars of profit so that I was really annoying. I then switched gears I did a warrior pro mentor session pH UN I look back, it's coming back up and you know I ended up taking a late late day trade on it and losing another 1800 bucks. So I'm now up only I don't know 9,000 on the day or so I was up 17. then after the big loss on pH UN I was up only 11 and that's when I stopped and then I lost another 1800.

So frustrated frustrated I over traded a little bit you know which I kind of knew would possibly happen today because yesterday was such a great day and sometimes after a good day, you can get a little overconfident and it's not necessarily overconfident if you end up having two really good days in a row. And all things considered, 9000 is still great, but 17 would have been better and you know to give back half my profit is a little discouraging. it's not ideal and I definitely had my biggest loss in the month on Phu n So to kind of bummers on that. but you know, keeping with the big picture: I made 47 yesterday, another 9000 today.

you know that's fifty six thousand dollars in two days, it's only two. Well, it's Wednesday now and Monday I can't even remember now what I traded on Monday or how much I made. but I know it was a Green Day So you know, at this point, sitting up a hundred and thirty-eight thousand dollars or so on the month is fantastic and we still have six days left. So you know I'm not gonna beat myself up too much I am a little frustrated I feel a little just I I was like, you know what? Okay, I'm showing everything down.

turn off my chart. so I do you want to look at this anymore? So I shut off my chart. So I'm just gonna work on the classes for a little bit getting ready for summer school starting next week or the week after. so hopefully you guys did better than me on.

pH UN I Just I don't know I just had a hard time with it so some stocks are like that. Anyways, enjoy the recap as always. I'll be back at first thing tomorrow morning. Live stream right around 9:00 a.m.

We'll do the watch list, start trading soon as the bell rings and hopefully I can get a another green day make it my 36 consecutive Green Day Longest, second longest hot streak I've ever had and the most profitable hot streak I've ever had. So markets still hot. Today was a little tricky, but $9,000 it's a great day so I'm gonna be grateful. I'll see you guys first thing tomorrow morning.

All right everyone! So we're gonna do our recap here and break down the trades from this morning. Today is my 35th consecutive green day and I've got 11,500 sixty-five dollars in profit. But you know, I'm honestly feeling frustrated which is a good time to walk away and I'm feeling frustrated because of pH UN This stock for me ended up being kind of difficult to trade my first entry on it. You know it was on the Gap scanner, but I wasn't looking at it very closely because it was kind of on the cheap side.

So historical date and time: 9:25 a.m. this was below $1 pre market or was it dollar in two cents 30 million share float I I Had very low expectations I was like this isn't gonna be anything that I'd be super interested in. The bell rings is squeezes up and gets halted at $1 22. So I was like wow, Okay, well it's strong.

It resumed from the halt and I bought 8,000 shares as a dollar 30 squeezes up to a dollar 40 gets halted. it resumed, it squeezed up to a dollar 68 I sell all except for I don't know I think I actually might have sold all of it right there and then it ended up going all the way up to $3 It halted once, twice, three times, four, five, six, seven, eight, or nine times going up. So I made some money on it in the halts going up or right really at the very beginning. maybe twenty five hundred bucks? Not a lot and I felt so frustrated that I was leaving so much money on the table.

but you know I was just like, well, it's hard to get in it when it's up this high. I'll wait for the pullback and just kept going higher and higher and higher. It finally pulls back, halts, going down, drops, drops a second time and I actually bought it right down here for the break back over two dollars on this trade. I had 15,000 shares a dollar 95 and I was looking for the break over to it.

Then it was looked like it was about to halt. He was about to haul at two dollars I can even I can pull up the level - hang on. we just pull up my live trade from it and this is it was. It was infuriating for me.

So let's see, where is this? So did you do did you do Okay so this is right here. actually this was I had a better entry than I Remember All right. So actually at 14,000 shares at dollar 85, all right. So at all it's looking like it's gonna halt here in 98.

Okay watching and so right there I was like sweet, This thing looks good. it looks like it's gonna haul and then all of a sudden the halt level moved up to 203. Now that's not. that's not exactly.

it kind of is a false halt. but it's not a false halt because it dips to false halt because the halt level moves up and so I'm like okay, okay and then I see it now at 95 and I'm like okay, that's not great I grab my hand back to the keyboard and all of a sudden you got to be kidding me What? I'm right back to break even and then it flushes down. So I'm for right now I'm like okay, let's give this a second and then I was like well I don't want to be holding in a halt going down so I'm at if it was a $1400 loss I was really disappointed on that trade. It then comes back up a few minutes later right here and I get back in and I'm holding it here at 196 into this halt.

real Halt resume is five minutes later and I'm looking for the break over two dollars and 20 cents. It resumes right here and I added now I've got 15,000 shares at 2:15 I'm looking for the break over to 20 and you know, look at this. all of a sudden I'm like you know, down 1200 bucks again and I ended up stopping out of that with a $3,000 loss. Actually probably even more than that was like $4,000 loss.

That actually will probably be my biggest loss of the month right here. My biggest loss before that was 2,700 So yeah, look at that. that's so disappointing. So it's gonna be a full almost a four thousand dollar loss anyways.

I had to cut the loss I cried. adding down here it didn't pop up. I finally cut the loss on it and fortunately it's liquid easy to get in and out. So I cut the loss.

you know, four thousand bucks. So I went from up 17,000 on the day to up only 11,000 I then look over and this thing just came back. This is where I got caught I look back. ten minutes later it dropped to 80, came all the way back up to 246.

So that's where I feel a little frustrated. you know I'm like man I'm the I'm the guy who's down 2,900 bucks on stock that's up two hundred and forty percent, you know? Jeez. Louise I really I really didn't trade this very well I had one nice trade and then we had this false breakout here I added thinking it was gonna rip, it didn't and then at that point here I was like I'm done I'm not getting back in I'm I already had two losses in a row I'm done and then and then it came back up. So it's it was the kind of crazy stock to be honest.

I mean the move was crazy this morning. I'm sort of blown away by the 10:00 halts in a row going up that right. there was another false halt and it's just it's It's kind of hard to trade when it does this, those false halts and whence halting that fast. So you know I probably if I really wanted to I could probably keep trading this and I could probably make back some money or whatever.

but you know I'm up eleven thousand bucks. Yesterday was a forty seven thousand dollar Green Day This is the best month that I've ever had as a trader. I'll pull up my my stats here. so this was yesterday $47,000 Just amazing day.

Let's look at the month of May 5:1 2020. So for the month of May right now I'm sitting at a hundred and thirty nine thousand dollars. one hundred forty thousand in gross profit after today and we still have seven days left in the month. No, sorry, six days because of Memorial Day six days left in the month, so you know I'm although I'm a little disappointed that I didn't do as well on pH UN as as I maybe could have I'm I'm also having a great day and you know I I did have a bigger loss today.

So and I feel frustrated. So the feeling of being frustrated is a good time to walk away and say alright, you know I this is a stock that if I keep trading it I'll probably just get more and more frustrated because you know right back here. I was looking at it, ripping up to 246 and then it halted and dropped down to two dollars and ten cents. The dip trades I tried to take on it.

we're kind of not that easy, you know I mean again, it's it's still bullish I can easily talk myself back into trading it because it's still bullish and it looks like if it broke over 250 you know I mean geez, this thing. my trip back to 275. three dollars and by the end of the day, who knows this could hit. This could do one of two things.

this could hit a high of four or I could drop down to a dollar fifty I could easily see either one happening and so you know I I have to be able to dial in my entries with minimal risk I Added in to the breakout and then got caught in that quick kind of downdraft flush. So now it just feels like you know I would say typically the apex entry point is right here at 36, so let's see what happens. 36 is where I would typically be a buyer. It's the first candle make a new high on that little ABCD pattern on the one-minute It's also the first 5-minute candle to make a new high.

You can note that highest volume is on red candles today, so 36 is a typical entry 37. I'm up a penny 38 36 38 37. So that's not a very good break out the lobe. This last pullback was down here at 21.

so you know it could drop back down to 21. and you can even drop back down to two dollars and ten cents and still be bullish on the five-minute chart. So that's a one-minute false 5-minute false breakout. It broke, new candle, made a new high, but only by two pennies.

So thirty-five million shares a volume isn't the problem. We traded an Indian yesterday, which ended up having over 300 million shares of volume. It's just there's something about this particular stock that is more difficult to trade. I'm not sure what that is.

You'll find that some stocks trade in a way that's very clean and very predictable. Then you're like wow I feel like I'm just on my game. like everything is working exactly how I would expect it to. And then there's other stocks like this that punch you in the face and then stop you out and then rip up and you're like what you know, like right, right idea, and just wrong timing.

And it doesn't really make sense to me why it worked here and didn't work here. Very similar setups, but this one failed and this one worked and this one failed. So we had to kind of fails and then it. and but it's also struggling here.

So you know you can't really rationalize with stocks. I Mean some of them are going to be totally irrational, They're going to be irrationally weak, irrationally strong, and all you can really do is look for low, low risk entries, try to manage your risk as best as possible, and at a certain point, you've got a no one to walk away. So that's sort of the challenge yesterday. I Actually I walked away with $47,000 of profit and you know what? I left money on the table I Know that I could have made more money.

You want to know why? Because the stock that I was trading yesterday was NN Diem. It's the one that I also made 7,000 today. So nnd em yesterday I stopped trading it right here. This was my last trade and I walked away their $47,000 on the day and then it ripped all the way up to 4 bucks.

Alright, so yesterday could have been $55,000 day potentially for me, but you know I had a commitment now one o'clock and so I had to go and this was at 1 105 when it did that move. So anyways, today, the entry on DM I just took a dip trade I just took along out of the gates and ended up squeezing up into two halts one two three halts going up up to a high of 489. this is what we would call it. bounce off the low, you throw a basketball out of a you know third story window and it's gonna bounce.

and this dropped on the secondary offering news offering it two dollars and then popped up off those lows. so I just rode that momentum on the pop. our MBL this was a reverse split which I did okay on although I did better on a dip trade on it long at $9 and like 20 cent 25 cents anticipating the first one minute candle to make a new high and that popped back up to 11. so that was a nice trade there on that dip.

I bought it also at $11 1081 for the rip up here, but I only took a thousand shares I sold five hundred right here and then I was holding the second 500 in to a halt going down. I added in the Hulk going down I then added again at ten and sold it. popped back up right here to 1080 or whatever it was and then took this trade. So a few trades on our MBL it was on the watch list as a reverse split stock see Ccel A little bit of profit 900 bucks this was on this set up right here.

The break of this level was my entry squeezed into a halt I Tried to size up on this thinking that because of the move that we had just seen on pH UN that we might see a big move on this one. but we didn't end up seeing this so that was a little disappointing. But you know as is sometimes the case so let's see so that was that one. Um let's see.

Alright, um let's see. Alright so that was CC CL RMB L A WA A CY This one hit the high Damos scanner, jumped into it, it was ripping up. Not a very exciting trade but you know made a little bit on that SF et break of the pre market high of 85 was the entry. only a small profit on that resistance at 94 and then we have pH Un which sadly is like the biggest mover today but was the most difficult to trade and part of that was how quickly it was halting feeling like this.

These entries up here were already my entry at a dollar 30 was already a chase and then adding more as it was going higher was felt risky and that in that case because of multiple halts in here I would honestly say that I like it, but how can I? You know? how can I trust it? the stock I'm down 2900 on it. it's already faked me out several times. I've had one nice winter here and a second small winter here and then a big loss there and a bigger loss here. So you know I mean it's when we do our warrior pro mentor session.

we'll keep it on watch and you know, who knows, Maybe maybe if it really opens up I'd consider it in the 250 275 $3.00 range, but it's the guy to break over 3 to really get exciting again. So if it breaks over 3 then I'm interested. but short of that, it's probably just gonna be chopping. Alright so that is our recap here for today: 35th consecutive green day.

I'll be back at it first thing tomorrow morning Thursday and hopefully we'll continue to see some nice momentum some nice Gabor's on the scans I mean today today the market was high. It was just a little a little harder to navigate the biggest one pH un for me I saw even I didn't do well on it but I'm sure some of you guys did better on it just based on the difference in your strategy. So good job for those of you guys that made some money today and I'll be back at it first thing tomorrow. So Warrior Pro students, we're gonna switch over to the Warrior Pro meant to our room here and I'm gonna do Q&A for you guys, Let's see and yeah, we'll do our Warrior Pro mentor session.

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