What's up everyone? Alright, so here we are. Today is the 130th trading day of the year, Finishing the morning up just under eight thousand dollars. The Momentum right now is Hot July Feels like a great month. It's so nice to have big green days in the summer and then be able to go outside and enjoy the Sun enjoy the nice weather.

Just you know, trading feels good, the weather feels good, life is good. So loving July Momentum. It wasn't like this last year. It was like this two years ago in 2016.

but 2017 Momentum in the summer was dead. It's because the crypto market was so hot I Think that just drew light Raiders out of the small caps and into the Kryptos. But Crypto is right now. not much happening.

so Momentum is back in the small caps and I am loving it. So anyways, we'll break down the trades for today and today's midday market. Recap Any questions, any comments, leave them below I'll come back through an answer and later today. All right, Enjoy! All right everyone.

So we're gonna break down the trades from this morning. Another awesome day of trading up seven thousand, nine hundred, Sixty Two dollars, and 22 cents. Now, the thing that's interesting is that this is the fifth day this month that I'm going to finish right around eight thousand dollars. And you know, eight thousand dollars a day is a terrific day.

but I can't seem to break over the ten thousand dollar level. You know, a ten thousand dollar a day. and you know it's always nice to have big ten thousand dollar days. What's interesting is back in January I finished January with a hundred and seventeen thousand dollars and I only had two days actually I had and three days where I broke over ten thousand dollars and and all the rest of the days were at five thousand dollars.

Eight thousand dollars, you know, relatively smaller. Green Day's so all of these green days are definitely adding up and here we are. it's You know, we still have a week and a half left in the month and I'm crossing over forty thousand dollars of profits. So yeah, I mean there's no reason to feel bad for me.

This has been a great month. It's just kind of interesting that I'm not getting I haven't had like a home run type of trade I haven't had a twenty thousand dollar a day or anything like really really exciting like that. it's but just kind of. lots of.

you know, lots of good days, lots of sort of smaller green days and you know it is adding up so it's just kind of like the ebb and flow the month of May for instance, you know, just looking back on my on my calendar, you know I had two days where I made thirty thousand dollars two days and that right there made up the bulk of the profit. The rest of the month was kind of choppy. so this has been a month where it's just kind of like, you know, grinding Green is good. You know, three thousand here, three thousand there.

In fact, for me today, I'm getting up to almost eight thousand dollars in profit. You know it took a little bit of work I Had to do a lot of trades today, more than on an average day. So let me show you guys what this looks like. So here's the total profit this morning.

7900 $62 or sixty two dollars and 20 cents which is good. So traded for stocks green on all four which is good. see PAH this was the big winner. a smaller win on MTS L M TBC and staff.

So I'll show you guys how I Found these stocks this morning and was able to make nearly eight thousand dollars in less than an hour of trading less than one hour. You know this is one of these things that if the work isn't really that hard, once you get it, the hard part is learning it and the reality is you won't be successful trading the markets unless you have a strategy and a lot of people you know they, they come into the market and just sort of do this. trial and error. Do a little of this.

a little of that trying to develop a strategy and that it just doesn't work super well. You know, trial and error. It took me two years before I really found something through trial and error. so it's not a very efficient way to learn the market.

so it can be done as long as you don't mind spending two years, you know, at the drawing board. So anyways, so let me look, let me show you guys the scammers. Okay, so we started this morning same as every other morning using the Gap scammers. So we'll look at these for 9 a.m.

and what you'll see is that at 9 a.m. they're 910. the Gap scanner was a little on the light side. There actually wasn't a lot that I liked it.

PRP Oh Too cheap Qu Mu too much too little volume CH RS The float is too highest above $10 Urg the floats too high and it's below $1 uuu the floats too high. So just like that, we've narrowed it down and boom here we go. There's C PAH there's Mt BC. All right.

So here we have CPA H&M TBC right? Here's the stocks I traded now staff and MTB see our staff and MT SL those were surprised stocks that I found off the scanner I Wasn't expecting them but these two I was watching right out of the gates so let's see. So let me just clear that out so see PAH I Was watching this pre market and I said okay guys, this looks interesting. Where do you think is the entry point on this stock right? So for those of you guys who have been in the room for a long time, you'd look at a couple different levels. You certainly look at the pre-market high.

That's definitely a possible entry point, but I'd Also, look at pre market sort of the the pivot over the pre market level right here of approximately 335 and then maybe over 340 anticipating that it's going to come up and hit the pre market high and break through it. and it's right around a hole. A half dollar. So the bell rings.

back this up and right as per the watchlist. I Had my order ready to go, so I typed in Cpa H right here. I typed my order at three dollars and fifty cents and I was ready. You know to jump in as soon as the bell rang.

So CPA H as soon as the bell rings, it starts to search up and I start adding it. 339, 42, 43 and 50. Boom! there's 10,000 shares. Alright, so I'm stepping up to the plate with pretty big size and instantly I'm up about $1,000 I take a little bit of profit at 360 I take a little more at 360, little more 352 I sell it 342 and then I add back as it curls back up at 365.

So right here it did a little bit of a false break. and if I go actually to the 10-second chart, you'll kind of see what this looks like. Even better. So inside that one-minute candle, you saw how it looked like.

a doji. It did something like this. So this right here is actually a flag. So that's why I added back at 65 because it was breaking the flag.

This is all inside a one-minute candle. This is within, you know, 45 or well. Whatever this is. This is it.

women. About a minute, right? so it pops up to 6 to 70. It drops back down as it curls back up. I'm getting back into 65.

Anticipate this move here and boom. it moves up to a high of four dollars and five cents right there. So this is the two setups here. First, it's a gap and go trade for a break of the pre market highs and then it's a first pullback.

Alright, so this right here is the first pullback. Getting in at 65 and selling on the move up into the 80s I then added 80, sell at 84. Now I'm scalping I add 88 and sell at 96 and four dollars right? So now I'm being more aggressive I Get back in at four and I'm selling up here at 409. You can see there's a lot of trades here.

A lot of tickets is because this was such an active stock this morning. I kept buying for these breaks higher. so buying first here, adding here selling, adding right up here, selling, adding in here selling and the stock squeezed up. As you can see pretty nicely, up to five dollars.

All right So that's you know, a hundred percent. Just about a hundred percent in one morning. This is our job as day traders to find stocks that have the potential to make big moves like this. Now, if you're a day trader with a small account, this is this is what you love.

This is exactly what you look for now. my accounts not too small anymore I've actually got close. well after today, a hundred and twenty thousand bucks in here. But I'm trading the same exact strategy that I was trading when I started with five hundred eighty three dollars a year and a half ago.

The strategy is not any different at all. The only difference is I'm trading with bigger share size, right? A ten thousand share position of a four dollar stock is forty thousand dollars going into the name. So with a bigger account, I can make more money and that's the only difference and you can continue to scale this up to, you know, a two hundred thousand dollar counter. Whatever.

three hundred thousand dollar account. Like I said yesterday, the the biggest downside of trading of day trading stocks like this is that you can't really train it with a five million dollar account. You know you're not gonna be able to make five ten million dollars a year. Really, in most cases day trading.

The way I trade, it's just is you just can't get in and out of buy enough shares to make that kind of money. So you know that's that's the bad news. Hopefully that doesn't discourage anyone. If you're planning on making five million dollars next year trading my strategy, you might be a little difficult, but if your goal is to make a hundred thousand or two hundred thousand, that's within reach.

That's more realistic. So see PAH squeezed up to a high of five dollars. Really nice move. Pulls back total profit on the name Six thousand, Six hundred, Eighty Nine dollars.

And it was right off the pre-market watchlist, so it was really a very straightforward trade. There were a lot of scalp trades, buying and selling, buying and selling. no doubt about it, but you know for me, I wasn't able I wasn't able to take a lot of size up in here. The big move for me was this first move right down here.

up to four dollars and then Selena will scalp up here a little scalp up here. Now Someone mentioned yesterday on my youtube video they said Russ why don't you trade CFDs So CFDs are there their contracts that you buy? They're kind of like options and it's really interesting when you trade. CFDs you have your platform looks almost the same as what I have here. You're pressing the Buy button and sell button, but your orders aren't going to show up on the time and sales.

because you're not actually buying the stock you're buying a contract to buy the stock and so it's a I think contract for difference is what it's called. And here's the thing: CFDs are US residents are not allowed to trade them all right? so we don't trade them I believe they're a European financial instrument because you don't pay income tax on CFD trades I think that that's where they came from. So someone said Russ you if you trade CFDs you could trade a hundred thousand shares because you're just buying the contract. It doesn't matter if there's not a hundred thousand shares on the ask, you're just buying the contract And that's true, but most brokers don't have.

They wouldn't offer you that amount of leverage on a CFD on these low priced stocks because they would just lose. These stocks are so volatile that you know they could go up 500% in a day. So the CFDs that most people end up trading are on very liquid stocks like your Facebook's and you know Google Netflix Tesla Stuff like that, Do it's not. There's a lot of CFD brokers don't even offer them on these lower priced stocks and you know all of that again is not to mention the fact that I'm a U.s.

resident so legally I can't train them so I know some of the European traders will trade CFDs But my understanding is that it's not easy to find them on the low priced docks so just answering that question from YouTube so anyways see PAH that was the first one second one on the scanner this morning was MTB see that we were watching so Mt BC I only made 200 bucks on it and this one I took a red to green move. all right. So I had a pre market high here of $5 so I was watching it out of the gates for a move back over roughly 490 and then up to five. Okay, so the bell rings and it sells off I then get in for a red to green move.

so I buy it for 85. it pops up to five. That's fifteen cents. I sell like three quarters of my position or something like that and then sell the rest as it comes back down.

So MT BC in at 88 selling half or three quarters at ninety eight and then selling the rest as it came back down for a small loss. So at four seventy so not a big winner on Mt BC Red to Green move. The biggest risk with red to Green moves is that the fact that it's gone red already shows this weakness so it's just a little bit hard you know to trust the it's gonna really hold however people who short initially right out of the gate. Sometimes if it does whip up fast enough those people will get squeezed out and it will start to take off and make a move higher.

So that was that one. and then MTS sell. This was kind of a bummer. I was I was pretty aggressive on this one.

You can see here all of a sudden it squeezes up. it breaks over three dollars up to a high of 340 and then it drops. so on this one I thought that it was going to get halted. so I was like being aggressive I was taking some big sighs I've got the live recording of it which I'm gonna add into our classes here.

All right, hang on one second. All right. So I'll just make this fullscreen here. Okay, so this was the actual trade this morning on Mt BC Okay, so someone calls out Mtbcn I'm like, all right MT BC let me take a peek.

All right, So let's see. So I'm gonna pull it up on my chart probably in one second maybe I start this recording a little early. Where is it? Okay, sorry Mt MTS L So I pull it up and right there. I See, it's popped up to a high of three dollars.

Okay, so right now it's got 1.6 million shares of volume. It's gapping up there. it's up 44 percent on the day, which is a pretty big move all right. So now I'm watching and I'm like, okay, if it breaks over 310 or looks like it's going to, that's where I'm gonna start to get aggressive.

So I see it popping up there. Okay buyers going through it. Three, We're watching this stock here in the top corner. Alright, and there we go.

So see how that pops up there? just like that. I'm just gonna bring this down so I can draw. So this is the chart. the rule looking at.

again, this is a stock where I don't I cannot use any leverage. it has 100 percent cash requirement. So I've got a hundred thousand bucks in my account. That's not really sending me an issue.

but I can't use any of my margin. Okay, so let's just rewind that for a second. So I'm watching this right around the $3.00 spot. It pops up to a high of about 10.

and then we see the 16000 share bid. We know when we see 16000 share bids like that, that's a shot. a sign of strength. I'm looking for the green I'm seeing the green here on the time and sales.

So even though I've got the chart up What? I'm really watching in this case. I'm watching the time in sales because I already know that I want to be a buyer around 310 if I start to see momentum come in. So here's the momentum coming in. Boom! I punched the order to buy twice at 307 so you know still more buyers coming in.

which is good. Now we hear 310. Boom 318. By the way, that's a train behind me.

318 more buyers. Okay, so looking good. So now I've got 75 hundred shares I added more at 20. So what I do on these is I add as it's going higher typically all right now 24 on the ask so it's looking good I've now added another 2500 shares.

So now I have 10,000 shares at 3:14 I put the order for 5,000 shares now I'm ready to add and I'm thinking it's gonna go into a halt. So I press the Buy button to add my orders at 341 right here. as soon as I confirm it right here that 5,000 share orders gonna go live and it'll fill anything below 341. So I've already got 10,000 shares and I'm now ready to add.

But look guys, I'm already up seven thousand dollars on the day I can afford to take a little risk on this trade. it's now up 54% and it's moving. This is a stock that I know has the potential to keep going. Alright so I've got my hand ready on the Buy button and boom I press it.

We pop up 238 and now I'm like okay, this is where I start to take a little profit up around 29 and 27. So I'm like alright I want to get in there I added it 30 I added it 24 and then I immediately I mean almost immediately was able to scalp the break over 24 for 13 cents and sell 2700 shares. So 2700 shares of that 5,000 shares that I bought I'm unable to sell on the other side of 24 I try sell a little bit more I don't get filled and then check this out it's gonna go into I sell a little bit and then it looks like now as it squeezes back up to 38 I'm ready to add back. Okay, so now we're seeing if it pops up.

it pulls back for a second, it holds and then as it goes higher, that's where I add back. So now I'm getting ready to add back and boom I punch it and now this looks like it's gonna get halted. Okay, this is that distinctive look I press the Buy button again. Alright, so it looked like it was gonna get halted there and then it keeps trading.

Okay, so this is always kind of. You know, We've seen this happen on a number of different occasions and two things result. Two different things can result from when this happens. So this is looks like it's about to get halted.

Well, we know about these stocks when they're trading outside their volatility bands is that they have to stay outside the bands for I think it's ten seconds. If they stay outside those bands for ten seconds, the stock will get halted. No trading is allowed for a minimum of five minutes. It allows traders to slow down, catch their breath, think for a minute, and then you know, maybe continue trading.

Whatever. So typically when stocks halt going up, they open higher. which is why I like to buy as I see it about to get halted. So here you can see that it looks like it's about to get halted.

So I put the order out to add. Alright, put the order to add and then you see it keeps trading and right here. Boom! A couple sale orders go through at 31. So what that tells me is that right before the halt, there was a slight imbalance to the South Side where some people decided to I don't know, sell or take profit going into the hall.

So we dropped it back below inside those volatility bands. And now one of two things will happen. Either buyers see the strength and they're like, okay, who cares it pulled back for a second. This gives me a chance to get in now and they start buying at 40, 45, 48, 50 it breaks over the half dollar and then it does get halted.

That's option number one. Option number two is that now it scares away the people who bought right at 38 and 40 like me and we stopped out. Short sellers see the weakness and it drops back down. Alright, and that's what ends up happening.

In this case, it flashes to 31, 26:25 22 and now I'm breakeven on 10,000 shares, right? So all of a sudden this is not looking as good as I thought. I Give it a second I want give it the opportunites down to 12 now I'm down a thousand bucks right now I've given back the profit that I had and I've got to start piecing out of this trade. So I start putting my shares to try to get out peace out slowly. I Certainly don't want to see a break below three dollars because then I'd be down $2,000 on the stock, right? So this is a little bit of a false breakout, which is certainly kind of the last thing we want to see, but it's not uncommon.

all right. So we see the dip down and then it's gonna surge back up enough for me to get out and and minimize my loss on it. So in total, I'm actually up 940 dollars on the stock I did pretty well on it, but it was a little choppy there right around that 3:30 spot. It then comes back up here and breaks over that level and I'm scalping the break up to a high of 360 so you know in total, made some money on it.

Would have done better if it had gotten halted there and then opened higher. but you know it's kind of luck of the draw. Sometimes it ends up, you know, halting and moving higher and sometimes it ends up just kind of being a little bit. you know, a little sluggish there.

So anyways, that was Mt SL mt BC covered and staff. this one hit the scanners I Jumped in for a quick little scalp. only made a hundred bucks. You can see it went from 260 up to a high of 355.

so a pretty big move there. It's up 33% on the day, so all the stocks I've strayed to today are still green on the day, which is great. good strength Z PAH was just close to $5 again, so this one's still looking good and you know July is right now a really hot month. It's great Last year in let's see where is that? Last year in June and July I really only made about 8,000 10,000 dollars.

So I'm doing a lot better this this year here in July and I'm hoping that that momentum just you know, continues through August and I can, just kind of, you know, be in a really good spot to keep this momentum going. So right now, sitting at just under three hundred sixty thousand dollars of profit on the year, that's pretty crazy. We talked. Remember last week we were talking about the orthodontist who has over 1 million dollars in student loan debt and is making now two hundred fifty thousand dollars a year.

two hundred fifty thousand dollars a year. He's working what? figure? at least eight hours a day. You know, orthodontist is working with kids. They're probably crying a lot.

You know, there's got so many germs and probably sick all the time and dealing with the braces. Okay I can't imagine it's a fun job. Maybe he loves it I Don't know I can't imagine it's fun. So he was working eight hours a day.

you know, forty hours a week all year long to make $250,000 And that's only to try to pay off a 1 million dollar student loan debt. Now for me, the cost of learning had to trade. It took me eight hundred ninety five thousand dollars and losers. That was a lot of money to lose.

but that's my cumulative losses. So like you know, I lost $895,000 Those were all my losers added up and all my winners added up were like whatever. Seven hundred and ninety thousand dollars. So I was down about a hundred thousand bucks a total 100.

K But the reality is for me, that was my cost of tuition. That was what it cost me to learn this strategy that I now trade today and and teach you guys every single day. And what's awesome is that you know Now me and all of you guys who have learned it. We have this skill that we have for the rest of our lives.

You know, when you think about retirement, how much money do I need to save for for retirement, right? People use the the rule of four percent. If you've got a million dollars in the bank, you can take out four percent a year. You know, potentially for the rest of your life, because if it's invested in mutual funds, it should grow at an average of eight percent. So that four percent a year is $40,000 a year, right? So when you the day you retire, you're no longer making money, you're living off your savings.

The cool thing about trading is that you can do this. You know? For me, it's about an hour a day, hour and a half a day. And the $350,000 a year? Now you know. Let's just be conservative.

Let's say I'm making the only $250,000 a year. So divided by 4 times 100, that would be the equivalent $250,000 a year. That'd be the equivalent of having six point Two million dollars. Six point.

There's the math. Six point two million dollars in a bank account right now. and I'm just being conservative. So that's what's really cool is that if this isn't passive income, you know you still have to work for it.

but you're only working an hour a day. you know, maybe two hours a day. So it just it's one of those things that you can do this in retirement. you can be do doing this living on the beach in Hawaii or you know, you know, wherever you want.

You know that's what's really awesome about trading. So you know here we are. Another good day and yeah and just answer your question I Thought he said I thought you were up six hundred thousand. So I started my account with Five Hundred Eighty-three Thousand dollars.

All right, that was Five Start $583 583 dollars in January of 2017. So today, about eighteen months later, I'm at six hundred and Ninety Four thousand dollars total profit. that's over the course of you know, 18 months today right now I'm sitting up three hundred Fifty Eight thousand dollars on the year. So Three Hundred Fifty Eight thousand was from this year.

three Hundred and Thirty-five thousand was from last year. So my goal this year is that I finish with Six Hundred and Sixty Five Thousand dollars because Six Sixty Five plus the three Thirty Five is 1 million dollars in two years. All right, So that's my goal. Yeah, so that's the math on that, but yeah, just you know.

kind of going back to that thought about you know, retirement planning and all that stuff cuz we got a lot of people that come into the community who are like ok I've been working you know, a nine to five job. you know the you know for the last forty years and I want to retire. but I haven't saved a lot of money I need to find something that I can do in retirement that will make me money and is better than working forty hours a week because that's not retirement if you're still working that much. And you know real estate.

a lot of people like real estate, but you know the reality is you need money in order to invest in the real estate market. in most cases I Know there's some stuff online if you can invest in real estate with zero money down below blah blah and that may be true in certain instances. but you know the reality is I'm up here in the Berkshires the real estate market up here. It's not strong, it's just not I Mean you know people aren't buying and flipping houses.

Real-estate doesn't turn over the way it does in. you know some of these places with these TV shows that you see like this isn't LA This isn't New York City Most of you guys are in somewhat rural areas where you can't just buy and flip houses and if you do, the profit margins are smaller. Which means you need to be doing the work right. You need to be doing the construction.

so it's like you figure that plus the broker fees and everything else you know it's it's not. It's not something that's passive at all. It's takes a lot of work and effort to do it. So that's the thing I love about trading.

My overhead is a laptop and internet connection and a little bit of green tea every day. Green tea, Black tea and that's it, right? So that's that to me is living the dream. You could do this from anywhere in the world. All right, yeah, a couple monitors.

So anyways, you know a little bit tangent there but another green day feeling good. So we back at it first thing tomorrow morning and hopefully we can finish up this week and with some more winners. I'm sitting up right now about let's see: seventy five hundred on Monday Eight thousand today. So fifteen thousand plus four thousand yesterday.

Nineteen thousand dollars on the week? Yeah. I have two houses that I'm selling right now I've got my house. You know that I've one of my houses I already sold the one up in Vermont and I'm trying to sell the other one and yeah, it's been. It's been a pain.

I mean I've had rental properties and you know all of a sudden. guess what? I got to replace the boiler and that's eight thousand dollars out of my pocket I Got to replace the roof. That's fifteen thousand dollars out of my pocket I Got a repaint that's eight thousand dollars. You know every time something like that comes up I'm scratching my head thinking how is this I'm not doing the mat I'm not getting the math here because guess what? None of those houses I Owned one of them for eight years and I sold it for less than I Bought it for bought in 2010.

sold it this year for less than I bought for. You know where's the investment there? That's the thing that I just don't I'm not fully buying into. You know that this that real estate method works. you know in every every place that's in rural Vermont bro Vermont's not a hot you know as that happened for real you know your if you're gonna split place like New York City or something like that you know I'm sure you could do pretty well but for me I didn't do well on it so I don't know.

But anyways that's it for me. We back at it first thing tomorrow morning 9:00 9:15 pre market analysis and I will see you guys bright and early. All right. see you all in the morning! Oh hey I didn't see you there while I was just working on the dream board for my next home run trade.

Hopefully it comes soon. Until then, make sure you subscribe to get email alerts any time I Go live or upload new videos. Until then, happy surfing.