Hey everyone Alright, so here we are: I'm finishing the day in the green which is great I hit my daily goal two thousand dollars and I'm walking away I Shut down all of this stuff I'm chatting with some people in the chatroom but I'm not going to take any more trades I Don't want to give back the daily goal I Don't want to give back that profit. My goal is to try to finish this week with one more green day tomorrow. That means I'll be green four out of five days at on the week which is terrific. But you know, yes, you see me around town you'll see I'm wearing all black and because I'm mourning the month of August just being a terrible month for day traders this Saturday at 12 p.m.

Eastern I'm gonna go live on Facebook in YouTube and we're gonna talk about why August Historically has been my most difficult month. what's going on in the overall market right now? Market was down a hundred points yesterday and I'll answer some questions you guys may have and talk about my experience over the years. and I think you'll gain some insights about why August is difficult and the best way to try to navigate these choppy waters. Alright, so that's coming up Saturday 12:00 p.m.

Eastern and tomorrow we'll be back at 9:00 15-minute rise. Finished today for the week strong with one more Green Day Alright, see you guys all right everyone So we're gonna do our midday market recap here. Go over the trades from this morning today. I'm going to finish back in the green up two thousand fifty four dollars and 87 cents.

Two thousand dollars is the daily goal and today I got it. 3,600 $38.52 came from S Int, which is currently up one hundred percent on thirteen million shares of volume. Impressive move. The fifteen hundred dollars of loss came from Arkady A, which is up 15 percent and this was a tricky one, no doubt about it.

I took a couple trades on it and have just not done well over the last few days trading it. So anyways, we'll go over that one and we'll go over S Int. the only two I traded also this coming Saturday at 12:00 p.m. Eastern I'm gonna go live on Facebook to talk about and also go live on YouTube to talk about recession worries to answer questions that some of you guys may have to talk about Why autist is historically the worst month of the year for day trading.

You know what that means for me. How I adapt to it. How I trade through it. Why I trade through it and yeah, we'll do some general Q&A so that's going to be noontime Saturday Eastern noon Eastern Facebook live and YouTube live.

Alright, so let's see. So anyways, Gap scanner this morning. we'll go and refresh this for historical date and time of 9 to 1, 8 or 9:15 a.m. That's fine.

So this is what our Gaps camera looked like here was S Int. Now remember for those of you guys who have attended a trade 101 or my workshops, S Int did it meet our criteria for a stock. A trade price between a dollar and 10? Check up more than 5% Check. It's up 45% the flow Less than 10 million shares.

Yup, it's a seven hundred and twenty six thousand seven hundred, twenty six thousand share flow. Very low, above-average volume today. Yes, 600,000 shares. Does I have news? Yes.

So we've got limited supply. We've got reason for high demand and this made a big move. When it was up 45% pre market, we knew it had potential and I took some solid trades on it. My first trades on this one were as it was coming up right here approaching $3 I Jumped in at 290 but it kind of struggled and this gave us a red flag.

Early on it struggled to break 3. It then broke and hit 308 and dropped back down below 3. It then came back up and broke 308 and broke 315 up to 319 but then drop back down. It did a false breakout right here and through this.

I made about $600 trading it my starter share size with 9,000 shares. Notice today I'm trading in my retirement account. that's because my main account so we got 47 thousand dollars in it and our kDa I can't use margin on so on this stock I could only buy about five thousand shares and that wasn't gonna be well. as it turns out, maybe that would have been good, but in any case I thought that wasn't gonna be big enough share size.

So I just traded in my retirement account today now which is as easy as just tabbing between the two of them or pressing the tab button. So anyways yeah so s int first trades were right through here and it wasn't easy. It struggled at three, it did a false breakout right here and then we went into a period of sideways consolidation I said I don't think I want to take this trade and I didn't because the 5-minute wasn't ready yet. It was premature, it was too early.

My daily goal by the way is $2,000 per day. So I hit my daily goal today which is great so it ends up pulling back a little bit and actually dropping all the way down here to about let's see a low 277 and so when I hit 277 I Thought you know this stock hit a high of 329 and is now dropped all the way back down and watch it play out here to 277. This doesn't feel very strong. First five-minute candle to make a new high is gonna be at 290 and I had the level two up I was watching it and I just thought you know it struggled here.

It struggled here. it struggled back here. What do you think it's gonna do when it breaks to nine? it's gonna struggle. What is doing? It breaks to 90.

Let's see, we got a false break right here. Oops. and then we break here with with some conviction and boom. the stock rips all the way up here to 350.

I mean I really didn't expect it, it just boom goes right to 350. So you know, as you look at this chart, it appears to be really nice follow-through but that was in fact the cleanest move of the entire morning on any stock I've watched. We then got a 1-minute micro pullback here and I got in at 348 with a target of 375 and that was my cleanest trade right here. We got this pullback and I kept holding with an average of 358 because I added up here.

So this ended up being a good trade and I took a couple scalps in this area but didn't really make a lot of money I got in it like 40 for the break of the half dollar. but then it failed. so I stopped out. So really, this was the the cleanest trade for me.

So yeah, kind of an interesting one. and then you know, look at these. Let me just look at this volatility. this, this drop and this terrible drop.

but then this really big surprise move. So a fairly choppy stock in a lot of ways. Arkady, a similar Arkady A did a couple of massive drops. one right here on this candle and another one right here.

So on this one I took trades out of the gates for anticipating a red to green move I took two trades, the first trade was at 50 and I stopped out at 40 and I lost 500. The second trade I got in at 50 and I stopped out again, in at like 30 or 40 and I was down 1200 bucks I then got back in for the first five-minute Campbell to make a new high which was right here the break of 68. let's see. No sorry, 358, 55 and then I added over a 68 which was the high of day with a target of 82 but you can see here it hit 85.

it then dropped out back down it then came back up, dropped back down and then dropped right here and I just got chopped out on it and my entry here was good. but then I got back in or added back here and up here and that didn't end up resolving immediately and I stopped out. So I'm disappointed on our kDa overall over the last couple days I just haven't made money on it. The level - I have a little bit of a harder time level reading level - is one of my probably like competitive advantages as a trader.

I've been doing this for a long time and I've gotten really good at reading level 2 and reading the market sentiment. So when I'm reading the tape for instance, this is the tape and I see the the bursts of green and red and those usually means something to me. but when a stock has 13 million shares of volume, these will look. Orders start to not become as significant to the point where they can actually be almost deceptive.

where you start to think you see something, it's it's not actually anything that's worth watching. So are kDa been very crowded on volume 56 million shares at the beginning of the move today 8 million shares. so it's been high volume. It's been choppy s int today at this point and from this point on is going to be I would say difficult with this high volume.

you know maybe it'll it'll end up doing something. but I think it's probably just gonna end up fading a bit. So for me, today was a decent day. I wasn't able to make maybe as much as I would have liked.

but any day I'm walking away Green is terrific and you know what? I started the day down 1200 bucks on arcade EA So the fact that I turned a $1200 red day into a day where I hit the daily goal is awesome. I am really happy about that. You know that doesn't happen all the time. Most days where I go red I either just keep going red until I hit my max loss or I just give up down slightly.

red are kDa breaking over the view app here Yeah, I don't know, unlike volume that it'll sustain this move. So anyways, that's it for me. Um, you know, another kind of choppy day, but but some profit is is always a good thing and so I'll be back at it first thing tomorrow morning. we'll try to finish up the week Friday with one more green day even if I only make 500.

I'm fine with that I just want to finish the week on a green note. So I'll try to finish the week green tomorrow and then Saturday we'll have our session live 12:00 p.m. Eastern And well, we'll talk about some of the things going on in the overall market right now and I will talk about why trading right now has been. You know, a little bit on the more difficult side, so stay tuned for that and I'll see you all first thing tomorrow morning.

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