What's up everyone? Alright, so here we are: First day of July finishing the morning up eight thousand dollars which is a great start to the month. Now one of the things I'd love to do at the beginning of a new month is go back and look at the previous month and break it down so that's what we're gonna do today. We're gonna review of course today's trades, but we're also gonna review my metrics from the month of June and what you're gonna see is some big wins. Some big losers started the month the $16,000 loser I Spent the next two weeks digging myself out of the hole, but I finished the month up almost thirty-seven thousand dollars which overall was really good.

So we're gonna break it down today during the midday recap so you can get a sense of what it did last month and how some of the mistakes from last month are gonna help me create new rules that I enforced this month. So July will hopefully be another forty fifty thousand dollar month. That's the goal, All right. So we're gonna start breaking it down right now.

You have any questions, any comments? put them below I'm gonna come back through and answer them later. What's up everyone? All right? So we're gonna go over the trades from today, but one of the things I want to do is review all of the metrics from the month of June now that June is in the books I Want to go through and kind of analyze what worked and what didn't work and the goal of doing that is always to try to draw some conclusions that can make you a little bit better here at the beginning of the new month. So you know new month new you if you made mistakes in June if you were too aggressive, if you had big losses, whatever the case may be, this is an opportunity to kind of, you know, clear the slate. it's a new month so I'm gonna do that even for myself I made some mistakes I had some days in June that I'm not super excited about I look back on my month and I had some days where I you know I had to put the sticky note over the first day of the month because it was so bad I didn't want to look at it and you know So that was the first day of the month and I have a couple choice words here for other days that I wasn't happy with.

So you know even me doing this for years and years and years I have opportunity to try to improve. All right. So now today is a great start to the month. I'm finishing the day up 8006 dollars.

which is, you know, awesome. I'm super happy about that. That's a fantastic start to the month. My goal really is about ten thousand dollars a week.

That's about forty five. You know, forty thousand dollars a month. That keeps me in good shape. and so to basically hit my weekly goal in one day is is fantastic.

So that's where I'm sitting here for for the day today and we'll go over today's trades. But but first, let's take a step back and look at the month of June what worked and what didn't work. All right. So what I use here is a trader view.

This is the the website where I import all of my trades. so I can you know? so I can go over the metrics and review everything now. I'm going to jump over here. let's see.

I'll open a new browser. Actually I'm just into Warrior Trading dot-com / actually I'll just go to Worry Trading Com. Alright, so if you guys go to Warrior Trading Comm did you do just close that? All right? If scroll to the bottom of the page which you'll see are my 2018 and my 2017 broker statement. So I always keep the current year and the previous year broker statements right here.

so we're looking 2018 earnings statements now. One of the things that that I do that most people don't do in this industry is I post my broker statements right here on the website every single month because when I set out with this challenge to take $583 and turn it into $1,000,000 I want it to be fully transparent and fully verified I want you guys to know without a shadow of a doubt that this was real money. These were real trades. So every one of the broker's statements has been posted.

So total gains as of June 30th Six Hundred and Forty Eight thousand dollars. I Actually thought I was at six hundred and fifty, but I had some. My Commission's I ended up being a little higher on the month. So six hundred Forty-eight thousand.

That's still really good. From 583 dollars to six hundred forty eight thousand dollars in eighteen months. Alright, so we'll just scroll down here. this is 2018.

so scroll down to June. Alright, so June this is my my total profit. Thirty-six thousand, seven hundred Eighty Four dollars and 42 cents total profit for the month of June. You can see here the Trader View Import and then my statement here.

This is my traditional margin account with a Lightspeed down. here is at the bottom. This is the P&L for each day and then down here is the IRA account. So in June I moved my IRA from Interactive Brokers to Lightspeed I had such a horrible time with Interactive Brokers Their customer support was was atrocious, the way the orders would fill.

Worthless, horrible and so I move my money. So I moved the $21,000 in my IRA over to enter to Lightspeed and I only took one trade in the month and I made 400 bucks - the Commission three hundred ninety five dollars and seventeen cents. So you know the IRA is growing which is great but it is growing slowly. All right.

So back out of that. let's go back. All right. So I Just want to show you that.

So now when right here on a trader view I'm gonna look at the month of June and we're gonna look at these metrics All right? So June 1st, June 30th Boom. Alright, so this is my gross 43,000 and my net is thirty six thousand, Seven hundred Ninety-four dollars. Usually this is within ten or fifteen dollars of actual. There are a couple of fees that are not going to show up here: wire fees.

A certain certain Nasdaq fees don't show up here, but it's pretty darn close. Okay, so big picture. Thirty six thousand dollars. Okay, well that's a good month.

Let's look at the overview just for one second and look at the calendar. so the calendar you can see here for the month of June I had four red days. All right, not bad. I Kind of allocate one red day each week.

So for red days isn't bad. let's go back up here. look at recent. This is how I started though.

isn't that horrible? I mean I Can only laugh really because it's just embarrassing. But okay. so that was the first day of the month big red day and I spent the next two weeks basically going sideways I mean I just was not making a lot of money. It was really frustrating.

So just sideways a small red day here down eight hundred fifty bucks. a green day nice seven thousand and then I gave back a bunch of it on this day and then this is where things really opened up. So this was the last two weeks of the month and this is not totally uncommon. Um I think I have a small red day? Where is it? Um, yeah, that's weird.

Let's go back to the calendar view. What was the second red day? the sixth? I think this red day was only yeah. Only 112 dollars. The blip.

It's so small you can barely see it. But this is. you know, this is sort of the big picture, so this is not totally uncommon for me to have really strong momentum at the beginning. It's just one section of the month.

Typically, what I've found is that my winners are often clustered together. So I'll have you know, I'll have really big winners and then I'll have really big losers. I'll turn my cam off so you guys can see the whole thing. If we look at the month of May Just for instance 531, we've just filtered the month of May you'll see it's kind of similar.

Really strong start and then a little slow in the second half. We look back at the month of April You're gonna see a similar pattern for 30. Really strong in the beginning, slow in the second half. All right.

So it's not uncommon for me to have a strong star and a weak finish or vice-versa This month was a weak start and then a strong finish. What I found is that typically the winners are clustered together so you know and and the reason is, when the market gets hot, we get this feeding frenzy where traders are just all jumpin' at the market. Everything that moves gets these, you know, exaggerated squeezes and you know, so that for me, you know that's what. that's what I Love seeing you know those those big moves and so my winners are.

obviously they're all clustered together. kind of right in here. This is when the market was hot and when the market is slow, you just really can't make a lot of progress. It's just kind of slow and steady, so that's kind of, you know, just sort of the high level of the month.

Now when we look at the detail, $36,000 is good. average winning trade 908 dollars average losing trade $900 so that is a one-to-one Let's say you can't really even make the dot, but one-to-one profit loss ratio All right. One to one percentage of success was only 62% and that's kind of disappointing. That for me is pretty low.

Biggest winner: 10,000 bucks. that's great Biggest Loser Also, about 10,000 that's not so good right? So and you can see Commission's were pretty high I Traded a lot I joined a lot of commissions if we go down and we look at my performance by day, Friday's in the month we're red, but that was mostly because I had that really really big red day. so that doesn't mean a whole lot. profits mostly in the mornings.

As usual. no change. Their performance by price I made the most money on stocks between $2 and $5 I lost money on stocks over 10 bucks. Not surprising, right? Just have that cut off over 10.

Don't trade it. Now today's a day we're on Gbr. You can see it's up here at $11 it's curling. its continuing higher.

I'm up 7600 $25 on it. But I was taking my first trades down here at like 650. Actually, my first trade was at $6 That's where I make the money on them when they start to get up into this price range. I Just typically don't do as well and you know you might see a stock go from $12 to $24 But typically when that happens, the spreads get bigger, the whips are bigger, the false breakouts are more dramatic, and that's when you need to get in here, and then boom, you're stopping out down here for a massive loss.

15 minutes later, it's back at high a day and you're like dang it, you know I just I'm the guy that's losing on the stock puts up so much so you got to kind of know your sweet spot. And for me, it's under $10 All right, Performance by volume traded typically I do better on Oh well, this is my shares for sure. When I trade more of a more volume or share size I do better performance by in trade price range. So I made the most money when the price range moved more than a dollar while I was in the trade.

That's not surprising, right? We know when a stock moves more than a dollar, that's a big winner All right. So instrument the biggest winners the biggest losers Jagex got me good see Lbs CEO DX DF B G Sls So these were my biggest losers. These were my biggest winners ABI lyi CEO a couple China stock here see: LDC and xbi oh so xbi oh we can look at that chart. This one gave us some great opportunities over the course of a couple days.

This stock went from a low of two dollars all the way up to a high of nine bucks. and that's in my sweet spot of price range being under ten dollars the whole time. so did really well on that one. GPR made a little bit on that why you co ABI L you know Overall I did all right.

So I made the majority of my profits 23,000 on stocks that had between five and nine point nine million shares of volume. but for the most part, the profits for me with anything above five hundred thousand shares of volume below that, not really much to speak of. I had this one loss this was on I guess jag. X you know that just is the luck of the draw and this one when it's over 25 million I don't do as well.

So generally I'd say my sweet spot is this area. This is sort of an anomaly because I took this loss and I held it too long. So we'll talk about that in a second and obviously performance by relative volume. So remember guys, those of you who are new who are just getting into the classes.

Well one of the things we talked about we talked about the importance of high relative volume. So when a stock is trading on five five times higher than average volume, that's when I make the most money. $32,000 All right. So this is my sweet spot.

So why would a stock trade on five times higher volume than average? That's happening either as a result of some type of breaking news or simply a technical breakout. Look at Gbr. These days are five-time are well over five times what is normal for the stock, right? xbi O was the same thing. This was trading on much higher volume.

These are the places we want to trade. We don't want to trade the low volume stocks and even a stock like Jagex. You know it got me really good on this day which I guess was above volume above average. but now these days don't trade it.

Not interested I leave it alone I Just totally leave it alone. All right, so that's good to know. Just reaffirms what we talked about now: Performance by instruments prior day: relative volume All right. Well, this isn't I guess that's significant.

This just shows. It came out of nowhere or all of a sudden we've got big volume performance by instrument movement. stocks that move more than two percent is where I've got the bulk of my profits. performance by Opening Gap made about two thirds of my profits on stocks that were up more than two percent.

So you know that's that's what we like to see. and I don't think these are as significant for me? Yeah, I don't think there's as much here, so you know basically what we can see here and I'll put my camera back up. So what I can see from these metrics is that you know I I Had some some really good days in the month, especially in the second half, but I had a couple of pretty bad days as well. So I think Oh and one thing we can look at detailed the win-loss days.

So making $60,000 on my winning days and losing 23,000 on my losing days this is kind of, you know disappointing till it to lose that much. So on my losing days my average loss is 1800 bucks which was horrible. My average success rate was 46% So I think for me one of the big decisions that I made in the month of June was to add the $5,000 max loss to my account. So if I'm down more than $5,000 I cannot take another trade and so I called my broker and I put the $5,000 max loss on my account and that means literally if I'm down more than five grand I can only close trades I can't initiate new positions and that for me is a way to help me minimize having days to just get out of control.

so that would have helped prevent that $16,000 red day. Now I did have a $5,000 red day like two weeks ago or whatever. it was right around two weeks ago and on that day I hit my max loss and you know I was I was done for the day and I don't think there's anything differently that I would do on that particular day I think that's fine. that's just part of the you know, the percentage of the time where I'm gonna have losses and I'm gonna lose money I'm not that beaten up about that I think that's fine.

and the big thing really is having the max loss on my account. number one and I guess number two maintaining the presence of mind of what type of market were in. So even today, today is the beginning of the new month I said to myself this morning Ross you got to take it easy today because number one, it's the first day of the new month. You have your basically your zero on the month.

I have zero cushion. So I need to start by building a little bit of a profit cushion. Number one: Number two. Well, this week is the fourth of.

July It's a holiday week and holiday weeks are often I Think they can be a little bit sluggish. We don't always see as much momentum because there's just not as many traders in the market. So you know you combine that with the beginning of a new month. I Gotta take it slow I Don't want to start with you know an eleven thousand fifteen thousand dollar loss the way I did last month.

So that was kind of what I set out. That was my intention for the day now and I'll we'll look back. Let's see I Just I Saw one question there about my total stats for the year. So three hundred fifteen thousand dollars on the year Accuracy: right around sixty five percent profit loss ratio a little better than one to one.

Alright, so those are the high level stats for the year. so it's still tracking for a $600,000 year. I have a goal of six hundred and sixty five thousand for the year. If I have six hundred sixty five thousand in profit, all have made $1,000,000 since January of last year.

So 1 million dollars in two years in the small account. Alright, so let's see so GPR so this one right out of the gates. Remember, every single day starts the same with reviewing our our Gap scanners. All right.

So here's our Gap scanner. We'll run this historical timeframe on the scan for 919 this morning. You can find stocks to trade in less than 10 minutes each day. So here we go.

So this morning on the Gap scanner we were watching Gbr. it was I think it was the Oops 9 just dude 9 10 A.m. I don't know why it's not loading so GPR right here gapping up 46% Two point Two Point zero four million share float stock at six dollars. So this has everything.

I Like our Sys was a buyout so no trades on that one. ADM P is a five cent tick stock so no trades on that one. Remember the five cent tick pilot program which is I believe set to end this fall? It makes it so certain handful of stocks in the market trade with these five cent increments so it's 35 by 40. It's very strange.

It was sort of a test to see if it would spur investment in small caps and I think it it hasn't So I'm pretty sure they're ending it in the fall. But anyways, Gbr was the one there that I was the most interested as the leading gap or that I would trade though these ones down here I wasn't super interested in. So really this was the watchlist today it was GB are watching GB are for a long now. The thing is, I was a little bit unsure about it because number One I didn't see any actual headline.

so I didn't see any news. To substantiate this crazy move from a dollar fifty to 11 that what is now eleven dollars. But at the same time, if you try to apply logic and reason to the market, you're going to go bankrupt because the market can be irrational. It can be irrationally strong, or it can be irrationally weak.

And so you just have to trade the technicals. And so I said. Alright, here's the technicals. The stock's up 46% with a two million share float.

It's the leading stock on my watch list today. and I think it's gonna be the stock that every trader is watching. So you kind of have to think of trading. And you know this is.

as day traders, we're kind of like sharks in the market. We're looking for opportunities. We can smoke a lot a mile away. You know we're looking for opportunities.

Is there something moving in the market? And if we all come to it all, you know, Hundred thousand, Fifty hundred, Fifty thousand, Two hundred thousand day traders. However many there are, we all come for that same opportunity. Alright, so today it was on Gbr. Now last week it was on Xbi up.

That's where we were all trading. so I want to be looking for the one that we're all trading Now on the one hand, you might think in that analogy, oh well. maybe you have a better opportunity if you find something fresh, which is true, but with the stock market, these stocks really only go up. one other traders see them.

If no one else sees them, then nothing's gonna happen. It's they. just they're flat so you need other traders to see them to get excited to also buy them for these big moves to take place. So that's how you get stocks that go from $2 to $8 So when it comes to Gbr, this is the one that was in play today.

So this is where I expected to see a bit of a feeding frenzy and because it's a holiday week, I Sort of thought that this might be the only stock that would be in play. You know, we'd all kind of hone in on that that one. And and that's pretty much what happened. So I was watching it out of the gates.

The bell rings and it dips below $6 giving me the opportunity to get maybe one of the best entries of the day at Five Ninety One and Five Ninety-nine and Six dollars. But you can see two of the three orders were partial fills. The market was moving so fast, their partial fills and in the same second I Got in at 6 and I sold. sorry I got in at $6 and sold at 6:15 This is 9:30 and 8 seconds now I Want you guys to remember that even the best chatroom software in the world has latency.

So by the time I'm saying that I'm in here. sometimes this chatroom has as much as 10 seconds of latency, so you have to remember that by the time I'm in here, I've sold here. You guys may not even know that I've even bought until third until 10 seconds later and by that time I'm already out. So this is why it's so important for you guys to learn to trade these on your own.

Some of these trades are so quick, you're not even going to have an opportunity to get in even if you wanted to, because the opportunity is gone. So right here from 6:00 to 6:15 Boom, that's 500 bucks! So I'm already at $500 in the first 10 seconds of the market, which is awesome. All right. So I sell more at 6:08 I end up adding at 6:20 and selling at 6:39 And so what I'm doing now is I'm scalping the breakouts now.

it's starting to squeeze up. so I get in and I get out I get in and I get out. And by doing that in the first minute of the day, I've made $1,000 and the stock is squeezing up. As you can see from 6:40 up to 7:00 all the way up to 8 and then all the way up to 860.

Now hindsight being 20/20 you know, obviously I should just bought here, you know and max out my buying power. Just held the whole thing to 850. But you never know. We've seen so many times, especially in the last couple weeks where we see stocks pop up on a gap and go and then come all the way back down and fill the gap back down.

like four dollars, right? That could have happened. And so for me at the beginning of the month, I did what I said I was gonna do I'm gonna take small winners 500 here, 500 there. So now I've got a thousand. All right.

So on the next trade, I get back in at let's see 650 and I'm selling a 662. All right. So another little scalp I'm getting back in at 680, I'm adding at 690 and now I'm selling over $7 All right, making some good money on that one. Now I'm up over 2,000 on the day I'm adding back at 750, I'm selling at 770, adding at 790 selling at 8:06 Now here's the thing.

these entries I I made money on every single one of them and it's because I have such strong conviction. and I'm buying at places where I'm seeing dips and then surging back up dips and then surging back up. So learning to spot those type of entries it allows you just in real time to capitalize on these opportunities with a minimal risk. so you can get in and get out really quickly and you can book your profit with 90% accuracy.

Now you're not gonna be able to do that until you've practiced this strategy and so of course that's what the simulators for practice in the same later prove you can be profitable and then switched to trading with real money. once you prove and you've got a track record of success. So on this move here up to 860 I keep scalping and again, like I said, there are other traders who have different approaches for how you want to trade these stocks. Some would take an approach of I'm just gonna buy it and I'm gonna hold the whole thing.

But here's the thing. those traders are gonna have a lower percentage of success or accuracy is gonna be lower because if you're not selling at least half of your position up here at 7 and it comes all the way back down to 6, Well you know what are you doing to me? You're almost I don't know to me at that point it's starting to starting to gamble with your account now. I Trade for income I Take money out of this account to pay my bills. that's you know when I started trading I wasn't speculating with a long term account that I didn't care about I was trading to make $200 a day I needed to capture that profit consistently so I could pay my bills I don't care about trying to make a million dollars on one trade I got to be consistent and so for that reason I get in and as soon as I get profit I start to get out and then I get back in as soon as I get profit I start to get back out.

And obviously there are times where I will swing for the fences a little bit more when I have a little bit of a bigger cushion on the month. you know when we've got a really strong market things like that, but you know right now on Gbr, this is the third day of kind of crazy action and I just you know I just wasn't in a place where I felt comfortable swinging for the fences on the first day of the month. so just scalping the breakouts. So getting back in here at 8 selling at 818.

Alright, so that right there it was 7,500 shares is another 1500 bucks and I just kept doing it. adding at 828, selling at 850, adding back here up at 842 selling at 8:49 stopping out the rest and $1 and that was my first loss I lost I think 300 bucks, you know? Then we had Basi at the scanners. so bassy. this one was not on the watchlist pre market but it hits the scanners and so as soon as it hits the scanners I was like okay, this looks interesting.

It's a stock that's in my price range that can afford number one. That's good. Number two, it's moving quickly. It's already up 17% on the day.

Now it's at 20% so it's taking off and this might be sympathy momentum. So what we often see is when one stock is really strong when another one starts. So let's just for example, you got the feeding frenzy right? So you've got all the Sharks they're all feeding and then some one. Let's just say throws a, you know, a metal object into the water.

how many sharks are gonna go and bite at it real quick cuz oh my god that thing's moving and then they get their teeth knocked out, right? Well that's kind of what happened on Bass. See. All of a sudden something else starts to move and I jump in it. And so do all the other traders using these types of scanners which are tens of thousands.

These are available on each raid and so I see it popping up and it squeezes up to a high of three of two thirty. All right. So squeezes all the way up here and I'm like, okay, I'm gonna I'm gonna get aggressive on this I take pretty big size I'm adding an 18 I'm thinking it's gonna go into a circuit breaker halt and then it doesn't. it hits 30 and starts to come back down and I'm like, oh, I got to start easing up because now I'm gonna get into a jam on this and so I start easing out of the position.

but you can see this ended up being one of those false breakouts where it just goes up and then comes back down and it really didn't hold up very well at all. I hit a high of 32 and then it retraced all the way down to 185 so that you know it was sort of a false breakout. Now I'm ended up making 600 bucks on it and then it came back up and I took another stab at it. It took actually two or three more trades on it, scalping at a break over high a day right here at 232 and another break over 250.

So when total I made 1100 bucks on the stock, but you know it really wasn't that easy. I stopped out some at 98, switch back to Gbr, got back in at 28 and 30, you know, so you know this is just one that was kind of not super easy. Now Total trades today. a hundred and twelve.

I Was a very active trader today, but you have to be active when you've got this type of market and that's how you make eight thousand dollars in one day. So bassy. A little bit of a kind of a false breakout, but then it rallies and it curls so ended up make a little bit on that Mxc. I Jumped into this one and I got in it at 7:44 Way up here and it comes all the way back down.

So you know this is the thing when you jump quickly, the next thing that moves. Sometimes you're right, and sometimes that's how you end up getting in a stock at 7:44 and selling it at 850 and making a full ten thousand dollars. Sometimes you're right and sometimes you're wrong. So for me, you know, looking back at my metrics, I'm right about well, 65% of the time after commissions before commissions come out about 68 percent of the time.

So you know I'm right enough at the time that I have the conviction to jump. and today's a day where it just didn't Really, it didn't really work. We didn't see that momentum carry on to any other stocks. it was really just on.

GPR And you know I don't know that it is what it is I Like seeing sympathy momentum because at a certain point Gbr for me and just became too expensive. The risk is too high. and just to exemplify here, if we go into the 10-second chart, what you'll see is that you know in this socket does some sharp dips from Eleven Fifty right here down to Ten Eighty Three and then Eleven Fifty back down to Eleven Ten. You know those types of drops when you're trading with twenty five hundred shares.

They can really hurt you pretty badly. We've got 12 cents spread right now. Ten cents spread. so the spreads start to get bigger.

When you get these flushes, they're more dramatic and you know that's when you can. You can make mistakes and you can have big losses. Then you can lose on this long or short. I Mean it's not that either way is easy.

These stocks as they get volatile and they get more expensive, can be very difficult. So anyway, so those are my three traits today. Gbr: Seventy six hundred dollars Total Profit Bassy Mxc There were just so many trades on Gbr, but what I was doing for the most part was just scalping. And my final trade that I took.

Oops! and the one that finally made me say alright, I'm done with This guy was getting in right here for the break over $10 So I got in and it pops up to a high of 1050 and then look at this drop from 1050 all the way down to 850. that's a two-point drop right? So I was out up here at like 10 20 and thank goodness because those types of drops can I mean I can kill your account. You could be the guy that loses money on the stock that's up 183 percent today. and I'm saying that because I've been that guy before I know it.

It's like it's so frustrating. That's probably the strongest emotion that I feel as a trader from time to time is frustration. Yeah, because you're you're trying to follow the rules, you're trying to make good trades and then you end up. you know, just getting these getting caught in these big drops.

So looking right now GPR is flirting with this $12 spot, right? But you have that resistance of 12 and then that little drop back down to 11 64. This is kind of a curling price action, but these doji candles. the Doge is when you've got this sort of upper lik upper wick that that line there. you know it tops out and pulls back at Tops out and pulls back.

That's where you start to see that choppiness. So you know For me, it's just I Try to make money during the time of day when I've got the highest percentage of success and you know what? Look, I was trading during these two candles right here. Look at that. those are the two biggest green cams of the day.

I'm not saying you couldn't have stuck it out and maybe made some money here, maybe made some money here holding this. but this to me was these were easy trades. It really was. It was getting in, getting out, capturing the profit so you know the name of the game really is learning to identify the right entry points I Love buying anticipating half dollar and whole dollar breaks.

My very first entry on this was just under six. Going in for the break of six. Boom quick Five bucks I Did it again once we were holding over six. I Got back in at 6:08 thinking now if we break six, it's gonna show me that it can hold over six dollars.

And now Six Twenty Six Fifty is the next level to look at. So let's see. Back in here at Six Twenty now thinking 650s. Realistic.

You know, adding selling, adding selling I mean it's just getting back in for the break of the half dollar. Selling in sixty. Just keep scalping these breaks. So here on this you could have scalped the break of twelve.

To me, the wrist doesn't match the reward at this point on this stock at this price range and at this time of day. But these types of trades in the morning work really well. and look, you know you would have made money on this if you have taken that trade. But again, look at that and just as quickly as it breaks twelve, it can be back at twelve or below twelve.

And that's why if you're trading for profit, you're gonna train yourself to take the profit when you have it to be selling some on the ask at Twelve Thirty Three. Because next thing you know, this could be back at Eleven ninety. So there you go. You would have gotten filled on the ask at Twelve Thirty Three right there.

All right. So you're booking some profit, which is the smart thing to do. so you know that's what I usually like to do I like to take a little profit. We can see some hidden sellers up here.

There's a lot of buyers, but it's not really moving up as quickly as you think. So 36, you know I try to be selling a little more on the asket 36 48 There you go. Alright, that's good. You know that's typically what I'm doing now.

remember this stock. in order for it to get halted on a circuit breaker, it's gonna have to go up ten percent, which is a dollar and twenty cents in one candle basically in two minutes. And you know to me, I just I just don't see that I don't see that really happening I mean it might happen, but it's gonna have to really really take off and I'm happy with the profit I've got on it. $7,600 It's a great day.

I see that question on Youtube or on Facebook Do you think you'll be able to make a six figure day just scalping and not holding through the big push for something like Gbr? So I think on a stop I think for me to have a six figure day. What I need is to have a stock like this that I get into really early on and I on my very first trade I got a really big one. So I'm in with like let's say 10,000 shares and it squeezes up and it hits a circuit breaker hall at 750. So I'm already at 15,000 and then it ends up opening like a point higher and squeezing again and going into a second halt.

You know the stocks that I usually make the most money on are when they move four to five points over the course of a few minutes. So that's kind of what I what I would expect. That's what I would need to have happen in order to have $100,000 a day. These types of stocks I could continue to scalp them, but the problem is I have to start reducing my share size to accommodate the higher level of risk.

and then when I do that I'm not gonna make as much money so then it's kind of not worth it. You know here again, like obviously cut a guy in there at 12 and sold some at 12:33 but look at that. now it's back at 12:33 So if you're the guy who said oh man, I sold 12 33 and now it's a 1280. what was I thinking? Well here you go.

it's back at 12:33 and that's how quick it come right back down. So that's why you have to train yourself to take the profit when you have it. That's how you make it real and that's why I take money out of my account every you know, a couple weeks or every month I make them, you know I Take I make that profit real I Don't want to just leave it all here. So one day I end up doing something impulsive and losing.

you know, months of hard work. It's all about consistency so you know if we go back here. January 1st 2017 This is when I began my small account challenge. So let's see which one is it.

I Always forget win-loss expectation I think so This is. This is where I'm at right now. this is I'm just gonna blow this up. This is the big graph.

let's see: I'll put this up in the top corner. Sorry. All right, so that's where I'm at right now. I Try to be the guy that doesn't have any big dips now you know, obviously I had a long period here last summer that was pretty slow.

This wasn't a lot of fun, but then you know it opened up November like December January In those three months I made $240,000 Things were a little sideways for me in February I lost $10,000 total and then you know back up. lost a little bit of money here and I don't know. This is one day. a couple red days at the end of May and then they opened back up.

So this is my path to a million dollars from $583 to a million bucks without blowing up my account without having a big haircut. You know where I just have that big drawdown. So does it mean that I'm a little more conservative and sometimes I'll miss some of these moves. Yeah, sure it does.

but this is the type of trader that I want to be slow and steady. You know, for me, that's the name of the game. All right. So I'm zooming this back out so that just kind of puts things into perspective.

and again, you might be a type of trader that's willing to take more risk and you're willing to buy it. At 6 with 10,000 shares, you're you're okay with holding it and you're still holding it and you're up 60,000 bucks and good for you for being able to do that. But I can't do that I can't do that because I can't afford to have that amount of profit and not lock it up. What if God forbid this got halted on a T12, right? You know what? if you know it's halted for six months and it resumes at $4 I'm not saying it's gonna happen, but what if that happened I was just holding this huge profit I didn't lock it in I'd be so upset.

That's just the way I come to the market. It's every day looking for consistent profit and I think that's what most of you guys are doing - for the most part. I don't think most of you are in the position where you're going to be swinging for the fences and trying to go for some huge huge home run. All right.

So um, anyways I Just want to kind of break this down for you guys and you know, give you a sense of you know where where we're at here, coming to you know from the end of June and coming into the beginning of the month I'm looking forward to the month of July We're off to a great start with 8,000 dollars profit and I just want to keep it going All right. So that's the game plan and we back at it first thing tomorrow morning right around 9:00 9:15 for a pre market analysis. Anyone watching on YouTube Watching on Facebook If you have questions, leave them below I'll come back through and I'll answer them later on today. All right.

Thanks everyone! I'll see you back here first thing tomorrow morning. If you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts any time? I upload new content. Remember when you subscribe, you become a member of the Warrior Trading Family.