What's up everyone? Alright, so here we are. It's the third day of February I'm up 43 thousand dollars on the month. This is crazy I made 18 thousand dollars on Friday 6400 yesterday and nineteen thousand two hundred seventy four dollars today trading to Momentum Stocks. Momentum is the big one was wo rx I had the low today was like four dollars and fifty cents but I saw definitely from five all the way up to eleven dollars.

Huge moves I mean really crazy I didn't go in on the first move I missed it, totally missed it I got in on the first pull back the first five minutes pull back I got in an eighth in my IRA account with 3600 shares I got partial fills I wanted to take 8000 only for actually 9,000 only filled partial. So I've got a partial fill on my entry. That's frustrating I ended up getting a full $2.50 per share of profits. Held the trade for about 25 minutes a long whole time.

A big win. My profit target was twelve dollars. so I'm in an eight. my target was twelve.

I mean these are big targets, but the Momentum is hot right now. so this month I'm off to an awesome start. I actually don't know that I've ever had I Don't think I've ever had a better start to the month then I've had in these last three days. So now I can just keep pace if I can just you know do well, even just decent over the rest of you know the next four weeks.

this is easily gonna be an $80,000 month. If I can really get a couple more big days, it's gonna be $100,000 model. If I have a couple of homeruns, this might be my best month all time. Last year last January 2018 115 thousand dollars right around there.

Best month of all time. Well I've got a shot at beating it right here this month I Gotta stay focused I Stay grounded I Can't be focused on swinging for homeruns, you know I really have to be very mindful of the market I'm in, but we're in a strong market and for me that means bigger share size, longer hold times, a little more aggressive on the profit targets Today at work. what's gonna come up tomorrow? We'll see. we'll find out we back at it first thing tomorrow morning.

9:00 9:15 Enjoy the recap. As always, any questions, any comments leave them below. Alright, see you guys later. Alright everyone.

So we're gonna do midday market recap here. Go over the trades from this morning. I'm gonna finish the morning up nineteen thousand, two hundred seventy four dollars, and 51 cents. which is a pretty good day.

So that's actually gonna put me up about forty three thousand dollars on the month and it's the third trading day of the month. and I think if I sat around here I could probably get myself over twenty thousand on the day. I'm gonna put in nineteen thousand on the day here, but I'm gonna leave room for maybe taking another trade if I do see something that looks good. you know, the last.

Obviously the last few weeks have been having pretty good. January was really pretty solid. only had to read days I was you know? overall just a great month. Accuracy right about around 70% February Off to an awesome start.

I've already hit my $40,000 February target and it's February 5th it's the third trading day of the month. You know? this puts me in pretty good shape if I can be slow and steady at having a hundred thousand dollars of profit this month. I mean easily if I have a couple more days like today and as good as today was today, could have been a lot better if I had gotten full fills on my orders. I had a bunch of partial fills at really critical spots and that on some of these trades probably cut my profits in half.

So yeah, I mean I know for a lot of you guys, even if you make just 10% of what I'm making, you're having a great day. So today's a day where if you trade 10% of my size and you know you're have a small account, a $1,900 day is still an awesome day. So for me, a 20, nearly $20,000 day feels good. Forty three thousand dollars in the last couple days is great.

The IRA account is up another 20% today. starting balance: $54,000 up Eleven thousand, five hundred and thirty dollars tax-free That's awesome so you know I can't touch it till in fifty nine and a half years old. but I'm doing myself a favor for retirement here by putting as much away as I can. The limitation here is that with only fifty four thousand dollars in equity, I am a little limited on share size.

also I can't take ten thousand shares of this stock because that would require ninety thousand dollars. So then in this account which is my main account my regular trading account that I mostly used last year I've got just about a hundred thousand dollars in it. so I can be more aggressive in this account was share size but actually that didn't really help me today. I'm up only 7700 in this account I traded both of these stocks with bigger size and actually made less money on both of them.

We'll go through the trades, but in any case, today's a day where I set the bar very low. I Had very low expectations for today I did not think that we were gonna hit I didn't think I was gonna hit a home run I Thought today at best you know base hit trading I I Wasn't even sure that I would take a single trade today. so let's look at the Gap scanner. this morning.

Every day is the same. We look at our Gap scanner around 9:00 9:15 We do our pre market analysis using this scanner and what we had this morning was a pretty sort of lackluster scan because most of the stocks on it were either a little too crowded in volume or why is that not snapping? I'm trying to get the corner This: They were either a little too crowded in volume or they were. You know, the float was higher. So a Mrs was our leading dapper.

39 percent Gap: 35 million share afloat already Two million shares of volume pre market. They did have news and it was in the Cannabis kind of headline sector which is always hot. 220 255 million dollar Kamba Noi Development Licensing commercialization agreement. That's pretty impressive, but the problem for me on this one is that pre market the stock was already selling off.

It really looked pretty weak. so you know, if it had broken back over this pivot of 455, that would have been interesting. but I just really didn't have a lot of faith in it. The bell rang, it kind of sold off.

It did a red to green move here, but no trades on it I really wasn't that interested I Didn't think this had even good base hit potential let alone homerun potential. Next one down too expensive Next one down Ml: NT you know 7 sorry Dollar: 7d Seventeen percent Gap: 39 million Share flow almost a million shares of pre market volume Again, pre market chart. not that clean. Already coming down.

not interested o PGN a dollar sixty to fourteen percent Gap: 5.7 million share float sixteen thousand shares of pre market volume You know it again. pre market chart: not looking that great so you know we're going down the list here and there's really not a lot that looks super good which is kind of disappointing. MBR x not that great Bv SN this one lower float 3.3 million shares couple lower float stocks here, but not much on the pre-market chart. So as the bell was ringing, I said guys, I like nothing there's nothing I like here I mean really, there's nothing in terms of fresh gaffers that I like.

However, I'm gonna keep TMS are on watch. This is a potential follow through. Named yesterday, we had a high of 538 so that's a level two. Keep an eye on pre-market where's this? We didn't have a lot of action on it so I really didn't think much of it I was just like keep It On Watch it's a follow through name SXT See, keep It On watch.

it's a follow through name. Both of these are Chinese stocks zk z ki n yesterday also Chinese stock made about 6400 dollars on it. made a big move in the early part of the day and then gave it all back. Just gave it all back so that one definitely not unwatched for continuation and I was concerned that that big red candle was gonna gonna kind of put a cloud over Momentum Traders for the next couple days just because you know when you have a stock that just is so so so weak it can really it can really be in be an issue.

So anyways yeah so so nothing there. So basically the bell was ringing and the only stock Akai nehep my ion was maybe TMS are but I didn't really think it would do much. So then the bell rings. Let me refresh these scanners timeframe.

This morning the bell rings and let's say you know nothing a a couple stocks in the scanner. nothing interesting. A Lrn hits the scanner on the 1-minute chart and for a second I was tempted for a second I was like oh and this looks interesting I even got in order ready at two dollars and fifty cents but it popped up and gave it all right back. So I was glad I sat on the sidelines on that one.

there was no news on it. The chart I wasn't sure about so I just left it alone. I'm on Facebook So yeah you guys on Facebook Give me a shoutout with how you did today. For those of you guys who traded those, you guys have questions.

give me a shout-out We'll come back and answer those questions later now, this afternoon or tomorrow. Even so, anyways, that was a Lrn SPI this one hits the scanner I was also really close to pulling the trigger on it. It's a former runner history of making big moves. It pops up I had my hand on the Buy button this one also around 350 and whoa gave it all back I'm glad I hesitated.

So at this point you know we're coming up to 945 and I haven't taken a single trade yet. No trades, no trades, No trades, No trades. Boom TMS are hits the scanner I see it hit the scanner at four dollars and seventy five cents, it's a six million share afloat. It's moving up six percent versus yesterday's versus the change from the clothes.

Yeah, yesterday's clothes I guess that is so I quickly pulled it up I typed it in TMS are and I saw in L uld the halt level coming up so I knew it was gonna get halted and boom I jumped in shift one shift one I mean I just was like yep, this looks good so let me pull up my orders here and let's go up and reverse this. Sorry. Okay so it hit the scanner at 475 I was a little slow in getting in I didn't get filled until 97 and I filled only 600 shares 99 filled only 207 shares. Come on five dollars I feel 3,000 So I have three thousand, eight hundred and seven shares of the 9,000 shares that I wanted.

So I got thirty percent of my position at Five, right? So and you can see I'm up twenty seven hundred bucks on it. So 37 percent of my position or my target position so that was at five the high there was 506 I put an order on this to add coming out of the halt at 525, we ended up opening at 555 and hitting the low of 526 so it didn't pick up my order. so I cancelled it and then I press shift one and bought. Tried to buy three thousand shares at 567 but filled only 1141.

another partial filled and I'm using a 5 cent offset on my order. So let's see if I go into custom orders. Let's see by 3000 shares, I'm buying 5 above the current. ask right here using Nasdaq as my market maker.

So I'm being aggressive. instead of pressing the Buy button at 33 here, my order would be at 38. but in this case, if I put an order at 38, well I'm still not gonna fill any of those shares that are for sale at 40. So in this case, I still might not get my little order filled and that's what happened on this one.

So coming out of the first hall, that's when I took my first position in my my main account here. So I bought it at 96, 605 and 611 going into the second halt. at this point the daily setup was the first daily. Campbell to make a new high.

target was I was thinking $7 now hit 647 so it didn't didn't quite hit my my mental target but I jumped in it there now it comes out of the second Hall it opens high, opens way up at Six Thirty Eight, hits a high of 647 and I went ahead and added at 6:38 Well that was a mistake I sold those shares at Six Thirty Six Thirty and Six Twenty four. So I made $2,000 on I guess ten? well no what did I get you had 10,000 shares so only 20 cents of profit in my main account and then as you can see it came back down and in my IRA I sold. Let's see I added it six thirty as well coming out of that halt and lost money on that selling a 611 and 585 so I was kind of being aggressive I don't know I you know I made some good money on this one on Friday as you can see on Friday I went from a Loeb to 92 to a high of 9 dollars and 47 cents I thought this one had some maybe more potential I had a mental target of 7 bucks so I wasn't selling it really on until you know 7 I was like it's gonna go to 7. that's dumb.

That's the spot that I've got in my head is like you know profit Target and so instead of selling it here at 6:30 I was adding at 6:30 with a another 70 cents of potential profit and I was adding at 6:38 here and that was just too aggressive. So that's ok. you know, walking away with 47 hundred dollars of profit on that stuff, but you know it could have been maybe a little more. we had seen a bigger move or if maybe I'd been a little faster about just selling.

but I thought it had more potential in it. so in that one I was kind of wrong I guess now this was the other one. So while I was trading TMS are I was totally in the zone on it I really wasn't paying attention to anything else but I saw you guys mentioned this Wor X was halted and then halted again and again and again. That was early this morning as it was going from five - six - seven - eight - Nine - ten and I totally ignored it because it wasn't on this scanner right here.

So I was like I don't know. Yeah I see you guys talking about that book? No no I'm focused on TMS our TMS are as the stock that's on the scanners and it's moving and has potential. Well, this went up a hundred percent while I was looking the other way. it pulls back, pulls back, pulls back.

it ends up getting hauled - coming back down halts right here, opens lower and he's going sideways. So at this point I had this on watch and I was remembering I realized that at this point there you know. during this move up, it made this 100 percent move on maybe 150 thousand shares of volume. so it wasn't a lot of volume and it made me think of IMT E last year IMT E makes this huge move from like $5 to $40 and the first part of the move from five to maybe twelve or fifteen dollars was on really light volume and then it just opened up I mean it just went crazy and I underestimated it I totally underestimated it at the beginning of the move and then by the time it was really taken off I felt like I was too late, it was too expensive and so I didn't end up capitalizing on it and or doing nearly as well as I could have so on this one as I saw it here I looked at and I said okay well first of all, there's a headline today.

a successful acquisition of SC works on February 1st the company will be trading under the Nasdaq symbol wor X starting February 4th. All right Company has 5 million dollars of cash to fund its growth strategy. So all this I'm like wow Ok, there's a headline on this stock. It's got a recent reversal.

As you can see right here, it's a brook. it's above the 200 moving average you know I look back I'm like okay, well it's just sort of a recent IPO I mean a little ways back seventeen but this to me I just looked at and I was like I don't know this. This looks like it has the potential. So as I saw it right here, this is where I thought Okay, you know this is the bull flag pattern.

This is a technical pattern and we're watching I'm watching it to see if it breaks back over eight dollars. The high here was 825 and I thought if it broke above 825, it's got room. pry back up to nine and if it breaks nine, it's getting closer and closer to high a day. Ten dollars.

So I got in at eight dollars with target of ten dollars. So I jumped in that I took a starter at eighty eight and tried to add at ninety five partial fill on my start. No, no, no starter starter at ninety five full order on the starter, partial fill on the double. All right.

So on this one I had about fifty percent of the share size I wanted I wanted six thousand shares I tried to adhere to go up to eight thousand. Now that would have been a sixteen thousand dollar winner because I ended up selling this at just about ten dollars. but I only got a partial filled stock was moving without me. it was already taking off and I jumped on a moving train which is what I usually do I jump on a stock that's already moving, but in this case you know it was leaving without me and I tried to jump on and I got as much as I could but only thirty six hundred shares.

it squeezes up and gets halted now in my main account I jumped in it as well. Target was ten dollars, but I was only able to get in it. My first entry was at Nine Twenty and 950. Now that's a lot higher than this entry, but the setup is still valid and I still felt confident that we were gonna get to move up to ten dollars.

In fact, we got to move all the way up to eleven dollars and seven cents, which was really, really solid. So this to me I was setting my mental target at 12 dollars again. I'm setting it a little high. so I'm in this at Eight Ninety Five, Seven Ninety Five and Eight Dollars and I sold it at Ten Sixty Three 9:56 and then added back at 1070 and sold at 11 and 1116.

My best exit was it yeah, about 1116. so with a pretty small position like right from here to here from 8 to 10, 60 and then 960 I mean yeah, if I'd sold the whole thing at 1060, I would have made an extra $1,800 because I sold this at 950 but I was selling half up 2 dollars and 60 cents per share I've been holding it for as you can see about 25 minutes and my target was to sell the rest over 12 but mindful that maybe we wouldn't get that and then it came back down I took profit on the rest so that was I sold it right in this candle. here. we came up when we double topped and we couldn't break and then I stopped out of the rest of it I think it was right here on this candle so it pulled back, pulled back and as it came back up right here I got back in right here at 1070 so that's where I got back in 3000 shares.

1070 sold half 1116 for 46 cents of profit, sold more at 11:05 1116 sold the rest of 1062 for an 8-cent loss. so a little scalp there came back up one more time and then now it's pulling back. The biggest problem with this stock is that this this was great but I couldn't take enough sighs I simply couldn't get taken up. sighs.

Now this right here as it's squeezed up to 11. this was good nice nice move there and I was holding my IRA position through this five minute pullback. First five-minute Campbell makes a new high and it needed to break high of day but it couldn't. It double topped there at just over 11 and that was my cue to get out.

Did end up coming back up to like I said eleven, Thirty nine or whatever it is. but yeah, that I don't know and now it's pulling back a little bit. So I I'm still really interested in it I'm wondering what its gonna do later this afternoon and tomorrow. There's something about it that to me looks really interesting and I see a lot of potential, but I'm just not sure if I'm going to be able to trade it again.

I think I'm done for today. Up $19,000 That's a green day. I gave back a little bit off the top in my main account I was actually up about ten thousand I added here at 10:45 10:59 this is a seven thousand share position I added and I stopped out. Basically that whole thing you know I lost on it.

so stopped out at 59 56, 58, 60, 150 17. That was a good 70 60 cent loss, 50 cent loss and then a good 50 or a good almost 70 cent and a dollar loss per share on those two. That was where I had gotten in right here and it didn't end up holding and I had to stop out as it came back down so you know that's okay. Gave back a little bit off the table, didn't make as much as I would have liked to have due to not getting filled on my orders because it was just moving so fast.

but I'll say that I feel good about how he traded it, especially in the IRA I took my position at 8:00 and I held for the profit target. as soon as I really saw some weakness. I sold half and once it confirmed that I really didn't think it was gonna do what I thought it would do. I sold the rest.

That was a solid trade. So I made about $7,500 on 3,500 shares. so a full $2 per share. You know that whether it's with 3000 shares or I'd been able to do with 8,000 that is a nice trade, so you know it'll be only a matter of time before I take one of these an eight and it does squeeze up to ten.

goes up to twelve and next thing you know it's at fourteen. Fifteen dollars and I'm up. You know, Eight, nine points per share and I'm still holding some size. Didn't happen today, but you know, in the market for small caps.

Over the last couple years there have been a handful of stocks that have been just crazy strong. You know I am te last year going from. You know if I pull this chart back, this is the day. It went from a low of two dollars to a high of 41 dollars and 26 cents.

Stocks can be irrationally strong and I try to position myself to make the most as I can when they're in that state. You know that was IMT II We had Hm. NY We had a Di L We've had so many in the last year that have just been really strong. You know whether it's in a single day or over the course of several days.

L Fi And yeah, this was last year this one was. This was the strongest and craziest one that I've ever seen. Over the course of two days, it went from five dollars to a hundred and forty dollars. There were people that made millions of dollars on the stock I wasn't one of them I wasn't as aggressive as I could have been and that's always a reminder to try to do better.

You know to try to trade better next time. and you know, maybe this year if we get something like this. hopefully I'll just make more than I made on the last one and just always try to improve. It's a it's a you know fun thing about trading is that it'll always challenge you to try to be better.

There's always someone out there who's better than you and so if you're competitive, you know you're gonna just try to do better. Try to do better And you look at these stocks and you think man, I could have done better on that. Now there's not a lot I can do about not getting filled. That's just part of the that's just part of the deal with these stocks.

And that's why there's a limit to scalability. That's why you're not gonna see a lot of traders trading these stocks who are regularly making $100,000 a day. It doesn't mean there aren't some people who will do it occasionally on like a really big mover, but you know it's just a limit to how many shares you can buy. And sometimes like today, the limit was kind of low for me with my offset and the way I'm routing my orders and you know it's just kind of the way it goes.

But anyways, $55,000 in January $43,000 here. Well, it looks like I'm just about at 100k on the year. So $100,000 on the year as of February 5th. Just about.

that puts me at 20% of my $500,000 goal and we're only about, well, a little more than a twelfth of the way into the year. So I'm gonna try to put the pedal to the metal. I'm gonna try to be as aggressive as I can during this time of year when the market is really hot I'm gonna continue to be aggressive over the next, you know, couple weeks. generally.

for me, I'm gonna be aggressive until I have my first big loss and then I'm gonna have to slow down. So you know I had a $3,000 loss last week, but you know I bounced right back off of that so that wasn't a big deal for me. A big loss would be anything probably more than like $7,500 if I take a really big hit like that. I'm gonna have to switch gears and slow down a little bit, but until then I'm gonna keep being aggressive.

I'm gonna try to do you know, make the most as I can during this hot streak knowing that I will have a month this year I guarantee I'll have a month this year where I will not hit my profit target I might even have a red month this year I had one red month last year. you know it's it can happen. And so my last red month was February 2017. So it'll be about a year since my last red month here, but these good green months are gonna have to tide me over during slower periods of the year.

It's the same for all of you guys. It's the ebb in the flow of the market. We have hot streaks and then cold streaks. Hot streaks and cold streaks make as much as you can during the hot streak.

Sit on your hands during the cold streak if you don't see a quality set ups. Can't be aggressive, just have to go with small trades. I won't be trading with 1520 thousand shares during the cold streak. I'll be.

you know, five thousand, Six thousand, ten cents here. Ten cents there. maybe making five hundred to a thousand a day, but waiting for the next. You know stock like these from $2 to $10 You know the these are huge moves so a lot of opportunity in the market right now.

I Think emotions are running a little higher with a couple of these big moves. so you know I'm gonna try to do the best I can here I Always try to do better, make a little more, be a little more aggressive, increase the share size and you know be as responsive as I can when I start to feel that the hot streak is ending to pull back to ease off the throttle. So hopefully I don't have a like blow up trade at the end. You know I don't want to have a $15,000 loss at the end of this hot streak.

a 3,000 5,000, 7,000 Okay but I don't want to get hit with a $10,000 loss and Wor X today you know I was mindful that if I take you know 7,000 shares up here I could lose $1 per share and that's gonna give back 7,500 dollars of profit. So I was mindful of that risk and I managed it by as soon as I didn't see an instant break out. kind of scaling back and getting back out pretty much breakeven and you know for a small profit or I guess it was small loss, but that was a good way to manage the risk there. So anyways, that's it for me.

I'll be back at it first thing tomorrow morning. Warrior Pro Students I'm gonna be doing the mentor session today at 3 p.m. so I'll see you guys then and everyone else. We'll see you first thing tomorrow morning.

9:00 9:15 Premark analysis live on Youtube Those you guys watching here on Facebook Make sure you subscribe. This one wasn't on the watch list today. Can't always predict what's gonna be hot. You just gotta watch the scanners so that's it for me.

I'll see you guys first thing tomorrow morning. If you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I upload new content. Remember when you subscribe, you become a member of the Warrior Trading family.