What's up everyone? Alright, so here we are: Tuesday Morning finishing day up a thousand bucks. Thousand dollars a day keeps the job away I'm happy with that. You know what? I was up to thousand dollars and then ended up giving back some of those gains I actually went into the red and then had to dig myself back out. So today, just like yesterday, a really choppy day.

but I got some Redemption on GEVO So I'm happy about that. Let's break it all down in today's midday margarita. What's up everyone? All right? So we're gonna go over the trades from today. Another pretty wild day for me.

I started going actually I started in the green that went into the red and then had to dig myself out of the hole and now I'm up a thousand dollars on the day. So even though I thought today was gonna be a lot easier because we had this stock ASTC which is up two hundred and twenty-five percent right now, it really was not easy to trade I lost twenty eight hundred bucks on it GEVO up 86% I made some money on that see OCP I made some money on that and see lbs I lost sixty bucks on it So despite the fact that we had GEVO and ASTC leading the way with the as you know huge gap errs I just wasn't able to do as well today as I did yesterday. So we'll break down the trades now. This morning started just like any other day with our Gap scanner.

All right. So let's go run this historical scan for 9:45 so or sorry 9:15 So each morning we got to find stocks to trade and we did today in less than 10 minutes. So we had on this Gap scanner. this is scanning the entire market for stocks that are gonna open higher.

So we have our pre market trading session and during the light pre market volume, these stocks were already showing that they were going to be opening higher. ASTC was up two hundred and twenty-eight percent at 9:15 but unfortunately on this one you can see the bulk of the move happened pre market and by the time the bell rang it was already extended. I tried to jump in and I just wasn't able to do really well on it. So here's what happened.

I'm gonna bring this back down to a 10 second chart. A 10 second chart. So on this one we saw that there was a headline right down here. so we were watching the news on it.

We saw obviously that I had a lot of volume pre market over 3 million shares and my bias on this was that I wanted to trade it to the long side I wanted to buy it all right? So the bell rings and I'm watching it over 683. However, in my mind I'm thinking yesterday when I jumped right into GEVO out of the gates what happened I lost $3,000 so I didn't want to do that again. so I kind of hesitated for a second I had my order ready to buy for a break of $7 it dips down and then next thing you know it's at 7:20 7:40 and I'm just sitting on my hands I didn't take the trade so I missed this great opportunity. you know I called it out to you guys that you know I would most likely be a buyer over seven and then I just didn't take the tricks I got a little nervous right before the bell thinking on back on my loss on GEVO yesterday.

So I missed the trade. It pops up to 740 and you know it kind of pulls back for a second and then I end up taking a stab on this. Let's see, we got a high of 767 which was awesome and then you can see it dropped all the way back down here so you know it curls back up and as it curls I ended up getting in right here at 734. So I jump in this at 734.

This is my my trading window here. I'll just minimize these ones all right. So I'm in at 734, 735 and 750 it pops up to a high here retest high of days 778 I'm selling and taking profit. Boom that's a $2,000 winner.

So I was like awesome. Two thousand bucks. that was sweet. All right.

It pulls back, it drops down, consolidates, drops down drops down and then it comes back up right here. I Get back in I Got back in for the break over $8 and I got in right here. All right. I got in right there.

it had broken 8 once and I got in it I was getting in for the - it's not working I got in for the second break go back over $8 Targa was 815 and that was the first 5-minute candle to make a new high that was right in here. So I'm jumping in here for the break over the highs and what happens. it pops up and then it drops down like that and I held actually I held through this drop here. it curls back up right here.

and then that happened and just like that, Boom I lost $4,000 I gave back all of my profit from the first trade plus $2,800 and that was really disappointing. You know it's it was a I thought. a good quality set up. It popped up and you know I hit a high beta seven and then boom it just dropped and it dropped really hard.

So this is what we would call false breakout and when I look at my metrics, my accuracy is about 70% So I'm right 70% of the time, 30% of time I'm wrong and this is simply part of the 30% where I'm wrong I don't think I did anything I don't think I broke any rules with it I don't think there was anything I any mistake that I made on it. It's just a trade that didn't work out. It's just part of your margin where you lose money and every trader has that. There was no traitor who's right a hundred percent of the time.

So it was disappointing and like that I went from being up two grand on the data being down two grand on the day over 2,800 So now it was kind of like all right, what am I gonna do and I saw it just kept going lower and lower and lower and so for me this one has been out of play now. It did curl back up right here and tap the Vu app as you can see this orange dog line technical indicator that we used. but I didn't want to go back in there so I just for right now I'm just letting it be so on. ASTC it's up 200% but I lost money on today and it's just because the majority of the move was pre market I tried to get on and ride a little bit of the wave and it just got on a little too late and I got hit on.

you know, the back side of it so it is what it is now. I took a trade on see Lbs took two trades on this one and I'm down 60 bucks on it. My first trade was getting in when it hit the hide a momentum scanner is it squeezed up here on this first spike up to 5:22 didn't hold that level and I got stopped out as it came back down I then got back in. right here is it started to curl back up as it broke over the view app and on that one I made back some of my losses.

but I'm still down 60 bucks on the name. So two trades on that one and I'm ready the name Co CP This one's kind of interesting. I was at first when someone called out in the room I was like I don't know about this one I'm not sure I like it but you know next thing you know it pops up I said if it breaks over 480, that's where I'm typically gonna be a buyer so I called it I said 480 is the the breakout spot. All right.

Well I actually got in it at let's see where's my order did you - I got in at 5 dollars I got in at 15 cents higher almost 20 cents higher than the breakout point even though the breakout point was 480. I wanted that extra confirmation I wanted to see that it was stronger. so you guys some of you guys probably got in it before me and made more than me on it. but I got in at 5 once it was proving strength and at that point it was hitting the high D momentum scanners.

So this scanner up here is showing us stocks in real time, squeezing up so you can see where is it. it's hitting right here. you know it first hits it. Actually, maybe it first hit it at 4 at 526 it was called out in the room at 480 on this pattern right here and I was a little hesitant because I was like well, it doesn't have the scanner alert but I do see it and the daily chart is decent, especially if it breaks over 5.

So I took a stab at it hits 524 530 and on this one we got it. We got up to a high of 550 so a 50 cent move right there and I was in with 10,000 shares. So just like that, you know I took my profit on the way and locked up a 3 $2,800 winner. Almost a $3,000 winner.

so that was good. That covered the ASTC loss and then the profit today is on GEVO Alright, so GEVO is the one that gave me the actual profit, which was kind of unexpected given you know how expensive it is. but I took a couple stabs on this one. So I'll go back on the one-minute chart here just because we don't need a look at the 10 second try on this one.

So on this one, we got this first nice little breakout at 18 right here. This was called out in the chat room to watch it over $18 it breaks 18. it hits a high of 1888, but then it drops on this candle like all the way back down to 17, drops to 17 and then it curls back up, it curls back up and I finally got in in this sea area here as it started to really open up and show strength. I got in at $20 and then I was adding at 20, 50 and 21 and I was selling on this move right here.

So for me you know I didn't get really aggressive on it but took a couple trades, made a thousand bucks and you know with that I turned my day around I went from being down 2,800 on the day to being up a thousand and I'm happy with that but definitely is a bit of a wild day because you know I start by missing my very first trade on Ast C which would have been an easy winner from $7 to 750. I mean that would have been a $3,000 winner is 'le with 7,500 shares I miss it, you know I then excuse me I take a little trade at 7:30 to 770 or whatever it is, make 1,700 bucks, 2,000 bucks and then I give it all back on this you know, ugly drop. so just kind of frustrating there that I didn't really execute according to my plan I hesitated a little bit and that's one of those things sometimes when you hesitate, you know you miss your window, you miss the opportunity, and then you can try to to catch back up, but you know now you're off your line, you're not focused and it's the catch-up game and it's just not happening. So I'm a little disappointed at this one.

Not I mean I'm disappointed in the way I traded it because I had really good ideas and I just didn't really execute on them. But having said that, the majority of the move was pre market and I don't trade pre market. It doesn't mean that you can't trade pre market. you certainly can.

I Set the expectation for you guys that you can make a living trading one hour a day from 9:30 to 10:30 a.m. Eastern You don't need to get up at 4:00 in the morning to watch pre market charts. I mean this started trading it 7:00 a.m. but you know you don't have to get up super early.

You can get up at 9 o'clock trade for an hour, and then be done for the day and similarly, yesterday yesterday, you know I made some money back on GEVO after the midday recap I actually finished yesterday up seven thousand Seven hundred dollars. So plus the thousand today I'm up eighty eighty eight hundred dollars or eighty seven hundred dollars on the week, which is awesome, but you know yesterday I ended up trading GEVO between eleven and twelve as it started to move right in this area. but then at noontime I had to go I had a meeting so I had to, you know, take off and you know, go to this meeting where we were working on the trading Sam and the chatroom and that meant I missed an opportunity. So for me I trade I mean I really trade part-time I True about a third of actually, not even probably realistically each day.

you know two hours is focused on trading and the entire rest of my day is focused on the things that we do behind the scenes to keep warrior trading running, the chatroom, the simulator, the classes, you know, making new new videos for the classes, updating existing content you know, meeting with a member support team, meeting with a marketing team you know, flying out somewhere to you know, go do you know, film something or to do a have a meeting with someone I mean it's for me that is the the bulk of my of my time and so you know that's a choice that I made and you know for me, it's obviously really rewarding and gratifying to see you guys in the chatroom saying hey Ross thanks you know I I Had my first thousand dollar a day you know I had my first day I had my first month where I made you know whatever. five thousand dollars Chet sent us a video last week I have it here somewhere I'll play it for you at some point but where he said Ross My last day at work was October 29th and since then I've been trading full time thanks to Thanks to Thanks to you thanks to this community that we've created. So you know those are the rewards for you know all the time spent in the afternoons and in the evenings. You know working to build up this infrastructure for you guys you know it's it's.

definitely takes a lot of time and it's sometimes stressful. but I love seeing you guys you know on the other side turning out those profits and so you know when I First started Warrior Trading I started as a blog right? I was like all right I'll build a blog to start kind of chronicling my journey learning how to trade. and then you know from the blog you know we it turned into building a chatroom and then you know from the chat room it turned into trading classes and from trading classes you know Now we've got these live seminars that we have you know in all these different places, so it's it's kind of. You know this interesting transformation More, your trading is now in the top 500 largest financial websites in the entire world.

You know? we've got over a million sessions a month of people coming to visit our website so you know that's over the course of five years. Just this thing, that kind of star is a hobby and I was doing it a little bit on the side to becoming a bigger and bigger focus. having more and more traders involved in the community, more and more educators that have joined us. you know and and and that's where we're at now.

So as a result, you know there are times where I miss opportunities for sure in the afternoon.on trades. But my goal is that I've taught you guys how to trade them, I've given you my template I've given you my framework I've given you my strategy and now you guys you know you can leave the nest and you can trade it on your own and you can of course continue to be in the community where you share your ideas and other traders. You know you talk back and forth and all that stuff. I mean that's fantastic, but you don't need me to say I'm buying to be a buyer right on.

COC P The entry was at 480. Well, I didn't get in till $5 you know I called this out before I got in it. You don't need me to say I'm getting in. You could have gotten in it for 80 because that was the breakout spot.

you know. Same with the stuff on GEVO or this move here on Ast. See you guys are free to trade these on your own because you understand the setups and learn the strategy and that's the goal. That's the entire goal of this community.

It's always been about teaching you guys to trade. It's been about education because when I was getting started, it was really hard to find any decent credible education. I Mean I was just and that's what I realized there was it. Just a huge demand for this type of service that there were so many people.

well, just like me, trying to find education, trying to figure out what our moving averages. What's the V whap? What is? You know what is a bull flag pattern? What's a flat-top breakout? How does level two work and you know there was just no credible information out there? I Mean there's a little bit here, a little bit there, you could try to piece it all together and I want to bring that all together and put it in one place and you know And we've done that and it starred with something really small and it's grown and grown and grown and in the next couple of days we're gonna be moving our stuff into our new office downtown. which is really cool. Ron's everything you know, we're just finishing things up and very cool.

So got our space and you guys will be seeing the midday recaps from the new office starting maybe as early as next week. We'll see have to decide when I'm gonna start working there. but I think others on the team will be starting there next. Monday So yeah, you know that's all to say.

Sometimes there's opportunities in the afternoons and I'm gonna miss them and I get FOMO I feel like dang and I missed that. But for me I've kind of, you know, changed my primary focus. My primary focus is, you know, not me just trading my account I do that in the mornings I do it so you guys can see real-time examples of all the strategies that we teach and then the afternoon I got to focus on other things and I'm not the only one that's like that, you know? John Elton He's already logged out of the chat room. He made his $2,000 this morning.

He actually made more than I Did you see that big 60,000 Cher seller right there on? ASTC It was at $7 Seeing big sellers like that is not what you like to see. see if it comes back up here. He was sitting at $7 60,000 shares. so you know John he's got other things he does in the afternoon.

He's got a couple of their businesses that he runs. He's got his real estate and seat 56,000 When you see a big seller like that, you know someone's trying to either unload shares or take a big short position. and I don't usually like to see that type of thing. So anyways, you know I think it's a good thing to have you know an hour or two hours a day where you focus on on trading and then you spend the rest of the day doing other things.

and I think the biggest reason there's that for me I have what I would say my mental capacity my my kind of you know each morning the emotional fuel tank is full and you know after one false breakout it drops and another false breakout it drops a little more and another one it drops a little more and by eleven o'clock my emotional capacity to be a discipline cool collect a trader is apt. and if I keep trading in the afternoon I start getting impulsive I mean even right now it's like 85 degrees in my office I'm getting hot I'm good. probably gonna be a little bit more, just quick to do things that are a little you know, more risky and that's a good time just to step up and say I'm done for the day, I'm taking my thousand dollars and I'm walking away because a thousand dollars a day. that's a great income as a trader.

The reality is my average is 2,500 a day in today's a little bit of a slower day. Yesterday was a great day with seventy six hundred bucks and I'm up 8600 on the week. So eight thousand, six hundred dollars on the week. 1064 dollars and eighty cents today Green is good.

It's the hundred and tenth day of 2018 here. My small account that I starred with 583 dollars on January 1st is currently at 611 thousand, three hundred ninety four dollars and 79 cents. I'm up two hundred seventy five thousand dollars on the year and it's June 19th. So half a million definitely within reach six hundred thousand possibly.

We'll see how the market is going through the summer and going into the fall, you know last year in November I made $80,000 December I made another eighty thousand dollars and in January I made 115 thousand dollars. So two hundred and seventy five thousand dollars in three months I mean that and that was all trading one hour a day and the rest of the day focusing on doing the things as I do for you guys behind the scenes so you know it can be done. It's just a matter of learning the strategy, learn the framework, and having the discipline to follow the rules every single day. So those of you guys are still working on your discipline you're trading in the Sim.

Keep practicing. You know you get to that point where you can flip and switch with real money. This alert right here that you see on my Lightspeed this is saying all trading is allowed because I'm I'm not down more than five thousand dollars 4990. but if I go down more than five thousand I will not be able to keep trading I'm gonna get a block on my account.

it's because say nope, can't keep trading so that's my max loss and I'm keeping it tight. One of the cool things with Lightspeed now I press my hotkey and boom I've got my IRA account just like that I flipped to my IRA no positions because it's in trade in it today but I could have this window up and I could be buying in my main account. flip to my IRA buy it in my IRA and I can flip back just like that. So I can toggle between those two accounts using my same hotkeys and you know just it's gonna make it really easy.

So I'm excited about that. but I haven't felt confident trading in my IRA just yet I've just been waiting. Well, I've traded in it this year, but right now I'm waiting for the market to pick back up a little bit more. So anyways, that's it for me.

I'll see you all back here first thing tomorrow morning. Hopefully we see some momentum continue. I mean, you know I think it's time to buckle up because the market is wild. AST See, it wouldn't surprise me if this thing does make a move this afternoon, but it's gonna do it without me.

I'm gonna take my money thousand bucks and go enjoy the day. I think I'm gonna go I've got big plans after noon I'm gonna go back in the pool. Alright, back in the pool, you know, maybe take a little trip to the garden store. get some bee balm, some some echinacea flowers, and go plant them.

Alright, so that's my afternoon. Got a couple meetings and then I gonna go enjoy the day. Alright, let's see you guys later. If you're still watching, you must have really enjoyed that video.

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