What's up everybody? Alright, so here we are: Another green Day up $2,200 I'm digging my way out one day at a time now. I was actually up 6,000 dollars today on the my best trade or my best. The stock that I made the most on I lost $3,000 on another stock and I lost a thousand on another. So you know it's a day where I sure feel like it could have done a little bit better, but hey, I'm walking away with more money than I started this morning.

but $2,200 so I can't complain Green is good market, still a little choppy but I'm digging my way out and I'm working my way back up to that red the green line on my own P&L So we're gonna break it all down in today's midday Margaery cap. and as usual, any questions, any comments leave below. we'll come back and answer later. All right everyone.

So we're gonna jump in here and break down the trades from the day. Today is our one hundred and forty fifth trading day of the year and I'm up two thousand, two hundred, ninety two dollars and 42 cents. One Amazing. Well, a couple amazing trades on ABI L right off the watch list.

total profit on a bi L six thousand, one hundred fifty eight dollars which is great and then I have these two other stocks I traded I traded Idra and lost twenty nine hundred bucks on it and I lost nine hundred on MTS L So this would be an awesome day if it weren't for those two trades. but that's not the way it goes. I'm up. You know, net $2,200 Green is good I'm finishing with more money than I started with.

So any day you can say that you're you know, doing something right, but you know we'll break down these traits. So Avi L this was the one that we really kind of. We're focused on pre market. We go back to our scanners here and every single day starts the same way.

It starts by running these scans and looking for which stocks in the market have the potential to move twenty to thirty percent. That's our job. Alright, so I have the skin here I'm gonna run it for 922 am at 9:22 a.m. ABI L was our leading gapper.

It was gapping up the most out of any other stock in the entire market, gapping up 55% All right, so it's a big gap. There was news out on it and it had a hundred sixty seven thousand shares of volume pre market. The float is seven hundred and ninety five thousand shares. That is a very low float, extremely low.

so that's part of why it was already up as much as it was unlike volume. So this one I was watching were basically for a trade right out of the gates. I mean I Knew it had potential and my bias was definitely to the long side. However, a little cautiously because we have seen a couple of stocks in the last few weeks that looked very good.

just like this and the bell rings. and then they sell off. They sell off a whole day long. so I was initially a little bit cautious.

My very first trade on this one I jumped in at and I have a lot of trades today as you can see here. So my very first trade I jumped in at Five sorry for Ninety Four and Four. Ninety Five was six thousand shares and I sold it one second later at 509. just like that I sold half and was up four hundred fifty bucks.

Five hundred dollars in one second trading the opening range. Alright, that's the level of volatility that we have in the market. In that first one-minute candle, we had three hundred and twenty three thousand shares of volume. Alright, so I jumped in this at Five Nine 494, 495 sold half at 509, sold the rest, tried to trying to sell on the ask here, not getting filled using my hot key to sell half I don't get filled I cancel it I pressed it again at oh, wait to sell half I don't get filled I cancel it I press it again at Oh seven I press it again at Oh Six and now I'm filled four hundred fifty shares and I ended up selling the rest basically breakeven.

Alright, so on that first trade, I made six hundred bucks plus or minus I then got back in at Five ten as it squeezed up right here and started to break over the high. Well actually if I go into a ten second candle, you'll see actually how this looks. So back this out, we'll go back to the open. Alright, so there's the open.

so the open pops up to a high of 515 and then it drops down as it curled back up I Got back in right here at 509 and 510. I Added six thousand shares and immediately I mean literally, this was moving so fast. there's again a second later I'm selling half for ten cents profit I then sold a little bit more at twenty three, tried to sell on the Ask, wasn't getting filled, sold some at seventeen, having a hard time on this one getting filled. tons of cancelled orders, just my orders were not filling on the Ask very well, sold more 23 and eleven and then I added back at 30 I sold a second later for a loss at 27, it wasn't holding up so I got a little nervous and stopped out.

sold a little bit at 34. lots of small orders trying to unwind the position I then added back at 55 and then sold a 58. This was a very small winner. It didn't really do what I wanted it to do that was right in here as it was popping up to this level up to a high of 60.

so we saw a little bit of resistance here. At 60, we popped up to 60. We dropped all the way down to 33, we came back up to 60 and then dropped again back down here harder to 5/16 So I sold that position basically breakeven and then I added back at 47 and on the trade where I added back at 47, that was right here. All right.

See, that's that big spike. So what I saw in this was that we had pulled back and we were consolidating in this kind of wedge and I thought if we broke over the high of this level here, the psychological half dollar that we'd have a really good chance of retesting high a day of 60 and that happened instantly. It popped up to a high of 75 and immediately I'm in with 3,000 shares and I'm selling half at 68. I Didn't go super heavy on size, but that was a quick winner.

So at this point I'm up on the stock I don't know 1500 bucks or something like that and then we had a tid. R Now this is kind of an annoying stock because on this one I someone called out in the room they said hey, take a look at Idra I took a look at it and I saw that it had just moved up from 610 or 590 up to a high of 650. All right. So I saw it starting to squeeze up I looked at the chart I saw that it was a recent reverse split and that it had earnings this morning.

So I was like recent reverse split with earnings squeezing up right now. I'm gonna jump in I didn't wait for it to hit the scanners I just jumped in and I jumped in with sighs because oftentimes these stocks move quickly. I got in with 10,000 shares at 53, it popped up to 65 and then it dropped here all the way down to $6 I stopped out at 624 a or well I guess I got was getting partial fills. look at all these partial fills, just really having a hard time getting filled.

but I got out 626 15 and lost $3,000 so that was disappointing in this on this one. I should have waved for it to hit the scanners I could have waited for a pullback I just jumped in it because I you know I saw the setup and thought with the recent reverse split and the news that I might be one of the first ones to see a really strong set up I mean not the first because it was already up from 580 but I would be getting in early on before the first halt and then I had this potential to, you know, maybe make a big move. So I was just wrong on this one. so I took my loss on it, which is good.

It's sold off even more and It's actually read on the day so you know that is what it is. So at that point I went from being up $1,800 to down 1200 on the day and I was like, ah, frustrating. So next trade was back in A B IL A bi L was still holding up so I switched gears, refocused on that stock. jumped in for the break over 550.

That was right here as it started to squeeze back up. so I'm in at 550, ended up selling half at 554. wasn't really holding up, kind of stopped out. Got back in at 569 570.

that's is. it starting to curl up right here. it pops up to 607. you know I'm scalping in that area getting in, getting out.

This is kind of what I do on these types of stocks ends up making this nice squeeze up to a high of seven dollars. you know again, kind of scalping in that area getting in, getting out. so I make my way up to about $1,000 in the green I make about $2,000 on that on that those that series of trades so stacking up more profits on a B il it's starting to recover the losses on Idra and then I jumped into MTS L. So MTS L this one pops up and I jump into this kind of aggressively with 9,000 shares.

I then try to add at 45 my order gets rejected because I have my 10,000 share max size set all right. It maybe was 42 or whatever it was, but anyways, this thing pops up, it hits 42 and it just sells off. So in this case the reason I got in as high as I did is because I was seeing the volume increasing here and I kind of thought that we were maybe gonna go into a parabolic type of move where it just starts going almost straight up and then halting a circuit breaker and continuing higher. As it turns out, I bought it almost near the highs and then it sold off.

so I lost 900 bucks on that. But the risk reward there to me was still fine because if it had continued and the momentum continued, we've seen a break over to 50 to 60 to 75. so it easily could have been a 20 30 cent win as it started to really go parabolic if it gotten halted and opened 5 10 percent higher Again, that would have been awesome, but it just didn't happen. So stopped out of that one in this range before it made this drop here which was good so kept a tight stop on it, curl back up a little bit but didn't hold up super well, then switch gears back to a bi L the stock that's really doing the best and on this one I Was kind of bummed out because it was doing this little consolidation here on the 5-minute chart and so I jumped in.

I'm Sixty Sixty and Sixty five. Nine thousand shares. Really? stepping up to the plate here for the break over this line. this pivot level it breaks and hits 88.

so I'm up 20 cents a share. Mind shares. its eighteen hundred bucks. It then drops down to this level and I sell 90 percent of the position for a very small profit and then it squeezes all the way up to 750.

What? I thought So this is an example where I had the right idea, but my timing was wrong. What I thought was gonna happen was this move right here and it popped up. It pulled back and then it broke. So right idea, wrong timing.

Made some money on it, but not as much as I would have liked to have and I scalped it up around seven, forty seven, forty five and then stopped out of the rest at 7:42 and 734. So overall, six thousand, one hundred fifty eight dollars on a bi L Straight off the watchlist, that was the best trade. That was the best one, easiest one to trade today. Eleven million shares, a volume of one hundred and sixteen percent right now.

MT SL had potential and kept the stop relatively tight for the share size. so I'm okay with that. I didn't get in it sooner cuz I thought I didn't really think it would be that strong and then once, it was just really starting to show strength I jumped on but maybe a little too high. So you know again, hindsight is 20/20 Idra this one I should have just waited for it to hit my my scanner that I would usually use for these types of stocks jumping in it where I did let's see, not sure if it was even on the scanner.

so in hindsight there I definitely should have just waited and I got to be a little better about that. So following the rules and sticking to the watchlist paid off today. A couple deviations cost me but again, you know it's a green day I went into the red and recovered it and finishing up 2200 bucks. So I'm happy with that and what was I gonna do I was gonna look at another stock but oh yeah, let's see I was looking at this reversal trade on Wrd.

this was on our reversal scanner and this one I also annoyed with because I ended up taking the trade on MT SL and skipping this one. but I was watching on this doji candle for the first 5-minute candle to make a new high which was over 1992. It pops from 1992 right here up to 1930. that's a 40 cent pop.

It dropped back down to 20 or up to 20 dollars and 31 cents. It dropped back down to 20 dollars and kind of consolidated there so it might have only been a 10 Or 15 cent winner, but really could have been an easy win. and I just got distracted on Mt SL So kind of a bummer there. Ultimately, MT SL had more potential for sure.

This wasn't gonna squeeze 10 20 percent or do anything crazy, but still a little bummed that I missed it. So you know what? It's a second green day in a row 40-foot 145th trading day of the year I'm still down about 8,000 on the month, you know I need probably two more decent days to get myself out of the hole. It could happen in one good day. That's possible, but you know, hopefully by the either end of this week or by early next week I'll be out of the hole.

and I can spend the rest of the month trying to build up my profits. So you know I've got a little ways to go, but that's that's alright. this is. You know, the way it is as a trader.

it's a couple steps forward. a couple steps back, you know, just keep grinding. So I'm happy to have a green day and looking forward to teaching class today. So class starts in about half an hour at noon time in our August live Trading Classes room.

It's not the Mentor Mentor Sessions rooms. For those of you guys that log in there, that's not the right room. It's in a separate room. So for Warrior Pro students classes every day for the month of August at noontime.

All right, so we'll be at it in about half an hour continuing where we left off yesterday. All right everyone. So I Hope you guys have a great afternoon and most of you I'll see you in class in about half an hour if you're still watching. You must have really enjoyed that video.

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