What's up everyone? Alright, another green day up 500 bucks today now I'm a little bit disappointed because over my shoulder, we've got stock running up from five six dollars up to nine bucks and I didn't trade it. But you know what? I'm following my rules. Being green is good. You know you have to know when to walk away.

and there may be times like today that I'm under trading and I'm walking away less than I could. but I'm walking away Green Doing that consistently. What's the name of the game? So it's all about. you know, capital preservation and sometimes that means knowing when to get up, Step back and be done for the day.

So gonna finish up here up 500 bucks Green is good. It's the first day in about two weeks I've made less than a thousand dollars. but hey, it's green. Its profit.

I'll be back at first thing tomorrow. Alright, leave comments questions below. I'll come through an answer and later this afternoon I'll see you guys back in Chatham First thing tomorrow. All right everyone.

So we're gonna get started breaking down the trades from today, finishing the day up five hundred, twenty nine dollars and thirty seven cents in about half an hour of trading. So you know today's a day where I didn't push it too hard. it wasn't super super aggressive. I Get out my calendar here, it's actually the first day.

I haven't broken a thousand dollars in two weeks, but you know I mean that's that's fine for me today. I Just didn't feel I was super comfortable being aggressive and so I took it easy and I think that was the right move. So just gonna write in the calendar one hundred and ninety second day of the year of $529 So let's see. let me switch this to my screen share and I'll drag up my trading platform.

Alright so there we go. So this is my Lightspeed platform through trading Sterling through my Lightspeed account. So G Lbs was the only one I traded today. so let me just grab my Gap scanner this morning started the same as every other day looking at the Gap scanner.

So we use historical date put this at 9:23 Whatever, that's fine. So this is what we were looking at leading Gapper this morning: JP T JT Py So this is the stock up the most in the entire market. one hundred forty three percent. That's a huge gap and what we saw was that the headline here was it was a buyout.

The company was bought out by someone else. Alright so the price right around five dollars and you can see it's that's then. that's the value of the stock Now no one's gonna buy it thinking it's gonna go higher if the company's been bought for five bucks so you know it's it is with us. Alright so that one no trades any te this one a crazy move pre-market from a low of five dollars all the way up to twelve bucks.

The headline on this launch is compliant Payment solution for the legal cannabis industry which is pretty interesting and I think it's a good catalyst the cannabis industry. For those who've watched any documentary on it, it's mostly cash based, they don't. They've been kind of restricted on what they can. you know you where they can use banks and stuff like that.

So interesting headline there, but by the time the bell rang this had just gone all the way up to 12 and then come back down to 850. I was kind of watching it for a red to green move and as you can see this first candle dip down and as it surged up it went from 875 all the way up to 1060 I didn't chase it I just said you know what I'll wait for the first pullback and then this was the first pullback and then went all the way back down and it actually got halted going back down. So you know no trades on this one. For me it was volatile but I just didn't feel like I could manage my risk on it so no trades.

Next one down, Ici Well, this is a shipping stock and the shipping sector was kind of led by Tops Tio. PS you can see pre market it went from - actually yesterday a dollar 26 up to four dollars and then all the way back down to a dollar eighty. So this is obviously volatility, but which we love, but this for me you know I was at this point I didn't feel like I could trade it and this kind of got other shipping stocks. these are container shipper.

The Sox are the companies that move those big container ships you know across the ocean tops. Ec G Lbs DCI X these are all shipping stocks P X s so you can see these are all the can container ship companies so they were all kind of moving in tandem I wasn't very interested in most of them but G lbs I have traded a couple times recently and done ok on. Had a reverse split back here like a week and a half ago or last week. so this one I did take a stab on I jumped in it as it was pulling back right here I got in for the first candle to make a new high which was right.

Well basically I got in for a break over high a day which was right on this candle here as it was surging back up so it pops up, it pulls back and then I jumped in I was in at 65 and 75. My entry at 65 was actually lucky because I pressed it at 75 and just for a second it dropped down and I got filled like just at that second. So I'm in at 65 75 so my average is 70, it pops up and I'm selling at 89 A for 89 82, 71 and the rest is 61. So about nine cents total profit on my 6,000 shares.

Not a big winner. It doesn't really hold up super well, go sideways, sideways, sideways, and then boom. all of a sudden pops from 640 up to 771. and this is kind of what the markets been like today.

It's been difficult in the sense that it's been unpredictable right out of the gates. Obviously, having any te pop up and then sell-off that was not easy I wasn't impressed with that. Ndra did something similar. Pops up, squeezes up, and then comes all the way back down.

goes from 560 back down to four dollars and 35 cents. so that wasn't pretty. And then we had seed s EE D similar type of thing. it pops up, comes all the way back down.

you know, tops? We've been making some kind rheumatic moves up and back down, so generally I just didn't feel very comfortable. and most of these names now. PLA G this is the one that is. You know, kind of the crazy one squeezes up on Friday from three dollars all the way up to 1151 and it resumes trading today.

At three dollars, it pops up. here. It gets halted, pops up, consolidation, halting once twice, three times up to 596, back down to 450. Now it's opening up here up to seven.

I'm just gonna be blind a minute, you know. Good for you guys who are who are scalping it and making some money on it, you know? I I look at it and I'm just like it's gonna get halted here at 24 L u LD is the circuit breaker hall so right here 24 but 25 it's gonna get halted if it stays at that level. but you know I'm like I said I'm glad for you guys that are making money on it but now I just feel like I can't buy it. it's up too much in this area I was interested when it resumed here I was like okay I'm gonna take a scalp out of the next halt for a move higher because I think anyone who is short is gonna cover and they're gonna have to cover by buying so it's gonna move up.

but it ended up kind of opening hi and then halting, dropping down and then popping back up, halting going up and then the halting going down, halting going up and now you know it's just I don't have enough of a profit cushion to push my luck today and this is one of those things that you gotta know when to walk away and you know if you see someone hit a home run five minutes after you walk away, you might feel like oh man I missed it. But if you're walking away green, you're following the rules. You're doing something that most traders aren't able to do consistently. It's not just about making money, it's about keeping the money in your pocket.

So you know the high here on this is 724. This is kind of a one-minute micro pullback under that level. You know if we pull this out a little bit so you know 724 spot to watch? Sure you know it is, but you know in the context hybl it's high the last candle 717 so over 717 spot where typically I'd watch it. Yeah, you do have Gap Phil I suppose up to you know this level but look at the spread.

7-eleven by 739 720 a 730 by 738 the risk is high. The reward I mean there's some there, but I think I'll just you know, follow my rules. Be back at it first thing tomorrow and I hope we see a little bit of cleaner action. Lost socks on the scanners today, but for me, not a lot of action.

That was really easy for me to trade. So I'll be happy with a green day. I'll be back at it first thing tomorrow morning 9:00 9:15 pre market analysis and we'll start trading as soon as the bell rings at 9:30 All right, so that's the game plan I Hope you guys have a good afternoon. Those either keep scalping and you know, doing your thing.

Just make sure you're reducing size as you start to get up into these moves because you know there is some some more downside risk on some of these. Alright, so that's it for me. I'll see you guys first thing tomorrow morning. Bye everyone! if you're still watching, you must have really enjoyed that video.

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