What's up everyone? All right? So today is my 15th consecutive Green Day It's the tenth day of January and I'm up Six thousand. Two hundred seventy two dollars. Sounds pretty good, right? Well, today I actually made about fourteen thousand dollars of profit and I have about eight thousand dollars in losses. So you know I'm sitting here at the end of the day feeling like and I gave back a little more than half my profits today.

I was too aggressive, a little too close to the Sun you know I I just I had a little FOMO from yesterday. obviously MBO team made a crazy move from four dollars all the way up to twelve bucks today. I jumped in and rode. the momentum went up to a high of 19, but even today I just didn't train it right.

I'm really disappointed overall. but how I trade this stock over the last two days. but I found some momentum in a couple other places and those gave me my big gains today. So you know all's well.

that ends well. I'm gonna finish the day Green which is great. Finish the day with more than a start within both my main account and my IRA My IRA is gonna be up closer to $41,000 tomorrow. The goal is to get to $50,000 by the end of the month and we've still got two weeks.

so they accountants up almost a hundred percent already this year in two weeks of trading. So I'm on a little bit of a hot streak about $37,000 or seven the last fifteen days. So I am feeling good about that and I just want to keep it going I Think we're gonna begin for a little bit of a hot market here with these big moves that we've seen in the last couple days. So make sure you're really focused on equality setups and you're focused on getting the best entry point.

It's the price that you get in that that really from that point sets the tone of the trade. You're either in too high and you're chasing and you're emotional, or you got a good entry point and you can let the Train work all right so we can go over all the trades today. As usual, any questions, any comments, leave them below and I'll come back and answer them later this afternoon. All Right See you guys first thing tomorrow morning.

All right everyone. So we're gonna do our midday market recap here. We're gonna go over the trades from today. This has been a pretty crazy day.

You know we just have seen some wild action. I'm gonna finish the morning up Six thousand, Two hundred, Seventy two dollars. I'm gonna put it in my calendar. seventy two dollars and what is it? Fifteen cents.

So this is my 15th consecutive. Green Day We are on a little bit of a hot streak here and you know overall this has been a terrific day. However, it wasn't the easiest day for me. So I'm gonna put my PNL up here where you guys can see it: I Traded in both my main account and my IRA account made 2,600 in the IRA I sorry 2,600 in the main account and 3600 in the IRA But you'll see I've got a $3,000 loss here in the IRA and I've got a $2,000 loss here in the main account.

I Actually in total today have about almost. well, a little over eight thousand dollars in losers. but you know, obviously I guess I have let's see eight thousand, fourteen thousand dollars in winners And so the net profit is or twelve thousand and winners or whatever it is. I've got a net profit of six thousand dollars.

so you know Green is good, but this was not the easiest way to get it and I was feeling a little bit frustrated to have a couple of really good-sized losses there. You know it's really not something that I like to have happen. I Actually had my biggest loss today of the year with a $5,000 loss on MB ot ended up making most of it back, but you know to have a loss that big is a little disappointing. However, it's what comes with a territory.

When you get aggressive as aggressive as I did today, you know it's gonna happen. So 14,000 dollars in total winners, 8,000 dollars in total losers, you know, puts me up six grand today. I'm walking away with more money than I started this morning and so that's certainly good, But it was not as clean as it could have been. So let's break down how today, everything that happened today.

So we're gonna start by looking at the Gap scanner. as always, so this is our scanner that we use to search the entire stock market before the stocks are gonna open up more than 5% It's unusual for a stock to open up more than 5% There's only going to be a small handful of stocks that are gonna open up more than 5% each day. And when you think about it, even in the entire market, if you put your money into mutual funds, your goal would be to make 7% in an entire year. So for the market to gap up 5% that would be very uncommon.

For individual stock to gap up 5% is uncommon. And so this is the list. As you can see it today, you know, maybe like 40 stocks in total out of 10,000 plus. So our leading gapper this morning was Katy Ovie and you'll see that I did trade that and I lost two hundred and thirty three dollars on it.

Well, it's currently at two dollars and 47 cents, but when I traded it pre market I was watching it right during this consolidation. the pre market high was a dollar seventy eight and I was looking for it to break that level. so I jumped in on that first red candle. It hit a dollar 82 and I actually ended up getting filled at a dollar 81.

So you'll see here, go all the way back up. I was in at a dollar 81 and a dollar 82 with 9,000 shares and I stopped out at a dollar 78. So I lost two hundred and thirty three dollars on that trade it out at 78 out the rest at 79. It didn't give me that quick move up to a dollar ninety or two dollars that I was hoping for.

so stopped out and you know whatever. 233 bucks. Now we had a couple others on watch. On the scanner you can see a pil was the second-leading gap or gapping up 27% And remember these stocks Kto V for the most part they're they're opening higher and continuing higher because they have news.

Now this one did a little bit of a false start, you know. popped up, pulled back, and now you know it's getting a little more action. 27 million shares of volume, you know I consider maybe going back into it, but it's at a price range where it's not. You know it's a little bit more difficult to trade.

and I'll talk about Mbot MBO tea from yesterday. That one may be a little easier, but you know we can keep this on watch even through the afternoon for those of you that are still trading. But ABI L was also on the scanners pre market and this one has just sold off so it's just been fading. No follow-through there so no trades.

I'm gonna turn off a couple of these actually. I'll turn this back on for one second. Yesterday we had em ba All right. So MBO tea yesterday made this crazy big move.

I've got an indicator on this chart right now called Taz Market profile indicators and what this does is it basically is kind of like a red light green light when the candles are green. You want to be holding when they're red, you want to be not holding if you're a long biased trader. So on this. I Use this sometimes for stocks that are more trending stocks that are doing this slow grind because trying to scalp them doesn't work as well.

You know if you can just kind of get in and hold for a longer period of time, you usually do better and so you can see, the stock was at $4 ended up hitting a high of 12 almost 12 dollars after hours, you know, 400% move. a really really big move ends up pulling back a little bit and then this morning going from 11:00 all the way up. look at this to $19 Despite all that, I actually am down 2000 on it in my main account and I'm down in my IRA or I'm up in my IRA 1700 bucks on it. So this one I was definitely watching this morning I Was expecting that it would be maybe continue to be volatile I Wasn't sure exactly how it would behave, but I'm definitely keeping on close watch.

The bell rings and it pops up right here. and this was my first entry at a 11:20 So I'm in this one at let's see 11:20 and Eleven Thirty forty five hundred shares right there. and from there as you can see, it went up to a high of 19 dollars. So great early entry right there scalping.

the move up here to the 14, it drops down I'm out taking my profit I Get back in for the break over 14 scalping it up through 15 here. So my two entries were here and here. these were really solid entries and that's where I made my 1,700 bucks in my main account I decided to jump in it for the break over 18. let's see which was.

let me just pull this back right here. Alright so it ends up hitting 18. pulling back and I got in right here with 6000 shares. Let me scroll down.

so I'm in. that with 6000 shares where was a time of day? okay and 6,000 shares at 1785 and 1786 minute it drops to 1611. I was down $9,000 like that I got way too aggressive I took way too much sighs I thought I would just scalp this up through 1820 1850 it dropped all the way down. It came back up to 17 and I stopped out with a $5,500 loss that hurt that was not fun at all.

That was the worst trade I've had of the year. the worst trade I've had in quite some time actually. but I got back in it right here. This was where I got back in.

Very clean setup as you can see. got back in at 1755 in this account in its let's see where was this. Hang on I've got to adjust these windows for a second. Um, this was where was this trade.

Um okay, that was now I'm confused. this was my first trade I guess that was a second small trade. Whatever. Okay, this was the last.

This was the last one in at seventeen forty five, seventeen fifty sixty three and Eighty five and selling as it broke over eighteen right here. It ended up hitting a high of 19 and I sold way too soon. but that got me back $3,500 So instead of being down five thousand five hundred, I'm down two thousand on that trade so got a little bit of profit coming back up there. That was probably the best trade of the day and I sold it a little too soon, but in any case, you know that was so that was on.

MBO Tea made this huge move but you know I got a little too aggressive and that cost me a lot and it just wasn't able to make it all back. That was a big loss per share, which was really kind of disappointing. So you know this is the thing. when you have a stock that's this volatile, it's often the case that you try to step up to the plate.

You try to be aggressive and you know on this one I Just got a really bad entry and it just dropped really fast and this is something that I You know often struggle with stocks of this price range when they're above ten dollars. I Just underestimate how much they can drop when they go the wrong way. It's no longer a 20 30 cent stop. it's a 60, 70, 90 dollar dollar 50 stop.

I mean this could just be so volatile and that was pretty disappointing. but so that was a you know total on em. Bo T I'm actually down about $300 and it's because I got a little too aggressive at the wrong spot which is disappointing. So this however, is important because this stock created a lot of emotion in the market.

A lot of people really excited because $4 to $20 in two days is a really big move and yesterday we saw a bio see catching a little sympathy on that move as it squeezed from a dollar 20 all the way up to 3 bucks. This is a really big move, right? I'm gonna turn these indicators back off for a second, so click that off and turn that off. I'll leave the lines on there all right. So this was a really big move yesterday today.

It gave us a little bit of continuation as you can see from 2 to 260. I took a scalp on it and made $1,500 So you know a little scalp on Bio see nothing to be really that excited about. This was sort of a consolidation broke out of that level, did a one-minute pullback here from 40. went up to a high of 55.

So this was the area where I was scalping it and you know did okay on it. it pulls back, comes back up. Consolidation hasn't made new highs and then it ended up breaking down right in this area and fading. So a trade on by Oh see there that was good.

Back over here. so I had by Oh see I had em bought SF et this one was on the watch list for a Gap and go I did take a trade on this one I'll turn this off as well for right now I jumped in this for the break over 350. We got that break squeezed up to a high of 370 right in there. Six hundred dollars a profit didn't hold the level.

it came back down. This one was also on our Gap scanner pre market so that's SF ET Bio C and M Bot and Kto V and then we had B Sqr this one I took a trade on. it was called out in the room. it had popped up here to 220 and then started to squeeze up.

I got in it at two dollars and fifty cents. Actually 257 was my average I hit a high of 285 and then came all the way back down. So another one that I was a little aggressive on and got stopped out on lost three grand there. So you know I've got a couple trades today where today felt like the day to step up and swing for the fences.

You know what it worked on Ad IL I've got four thousand, six hundred dollars in this account and I've got three thousand dollars right there. So seven thousand five hundred dollars on Ad IL This one was a daily breakout. You can see this daily breakout here. It hit the scanners, it had news and I jumped in real quick.

This was a five minute flag pattern. It starts squeezing up right here and I'm jumping in at eight thirty eight twenty eight thirty it squeezes up to a high of 83. It comes out of the halt, it opens higher I add eight right around 9:20 9:30 hits a high of 944 and that's where I'm taking my profit right up there. So you know this is a full dollar per share.

just about from 8 20 up to 9:40 This is what I was thinking you know might have happened on MB Ot as it broke through 18. you know that we would get this big squeeze, you know? Right up here. we ended up getting a little false breakout I was wrong on that one but I was right on a Adi L And the fact is, today I think was the right day to step up to the plate. We were seeing so much volatility that if there was ever a day to be a little more aggressive, today was it.

And you know I did Okay I know $6,200 is. you know it's not bad. that's a green day. My IRA is getting a little bigger.

Remember I had a goal of getting this account to $50,000 by the end of the month. I Started the month with 29,000 dollars in this account. so you know the goal to get to 50,000 is almost doubling the account. I'm gonna be pretty close I You know I mean we've still got two weeks left.

plot two in two weeks in two days left in the month. so I shouldn't have a problem getting this over $50,000 only gonna be about 9,000 away after today. my main account, you know goal was really just on this to keep growing. It didn't really have any strong dollar amount.

I've got fifty four thousand in there now tomorrow. I'll have fifty six thousand, fifty seven thousand. You know, making progress there? That's fine. Nothing I'm really too stressed about, but you know.

Definitely an interesting day. And yesterday I was feeling a bit of FOMO I didn't make as much as I wanted to and I I definitely bounced back today. Could this have been a $10,000 day? It could have been, you know. And that's the thing.

That's a little bit of a bummer is that you know I'm just a, you know, a little shy of hitting those $10,000 days. The last one was I guess probably in December. So let's see in my challenge to turn $583 into $1,000,000 I am currently sitting. Let's see for the month of January I've got about twenty five thousand dollars of profit which is good and I've got eight hundred and sixty thousand dollars in the in total profits from $583 account.

So one hundred and thirty nine thousand dollars standing between me and the 1 million dollar mark. we're getting closer. I can see the the line. you know the finish line in the distance.

it's not too far away I'm 86% of the way there I've got you know, another 140,000 to go. it's probably gonna take me I Mean it's hard to say because in January of last year I made 120 thousand bucks. So if I end up having a really, really good you know a good month in four weeks I could cross over that line. But if market slows down then you know it may end up carrying into February or March or whatever.

So that's fine. and ultimately it's just an arbitrary line. There's it's There's no question about whether or not you can take $583 and turn it into a million bucks. It's just a matter of how long it's gonna take you.

You know that's that's the only question. And for me, I'm at two years in the journey right now I start January 1st 2017 So it'll be two years and maybe you know, two months or three months or something like that. So, but yeah, that's you know. that's just kind of the thing I'm doing right now, working on growing this account.

Getting over that finish line. that'll be a big milestone and something I've been thinking about a lot. So anyways, this week I'm gonna host a workshop on Thursday I've got as many of you guys know: Inner Circle Session, Inner Circle One Mentor Sessions that I've been doing pretty much every day this these last few weeks. January 1st This year we revamp the Inner Circle.

So Inner Circle now at Warrior Trading gives you full access to the Warrior Pro class and it gives you one-on-one mentor sessions with me with Mike with any our other traders here in the community the instructors. so we're gonna bring out a group of students to work with us this year. The seats are gonna be pretty limited because there's only so many hours in a day that I can do one-on-one sessions, but that's fine for students that want that and you know want to be able to have that one-on-one time at FaceTime We're making it happen. So at the Workshop on Thursday I'm gonna be inviting students to join us for 2019 Inner Circle so you guys are welcome to register.

I will also have a special for the warrior Pro course for those that aren't in a place to join the inner circle and that's fine too. So make sure you guys register for the workshop this coming. Thursday if you're not already a warrior pro or inner circle student. for those of you guys that are current warrior pro students, we do have a special upgrade to upgrade to the Inner circle and you can email us and we can give you that info about it.

Alright so anyways, I'm gonna put this registration link here in the chatroom. those of you guys on Facebook we're watching on YouTube you'll see it in the description and we'll be back at it first thing tomorrow morning. Try to have another green day. The markets pretty hot right now 15 day hot streak and in the last 15 days let's see how much I've made since my last red day looks like I have made about thirty seven thousand dollars.

So let's do the math. Thirty seven thousand divided by 15 is gonna put me you know, right around my daily average twenty four hundred dollars a day which is good I'm happy with that so far this year with $25,000 in profits and this being I think it's the 10th trading day. Yeah, I'm averaging 2,500 a day. Last year I averaged two thousand fifty eight dollars per day which was which is pretty good.

So I'm a little above the average. That's nice to see, but it's still early in the marathon so anyways, that's it for me. I Gotta switch gears here I've got my first mentor session at noon time so I'm gonna get ready for that and I Will see you guys first thing tomorrow morning. Those of you guys who trade in the afternoon make sure you manage your risk so you don't get back your morning profit.

you just add a little icing to the cake. All right, see you guys all first thing: Romilly 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.