What's up everyone? Alright, so here we are. Our end of May It's been an incredible month. some big big green days, but some pretty big red days. So I'm finishing the month with 75,000 dollars of profit.

but I started the month with a three thousand dollar red day and I'm ending with a three thousand dollar red day. So sandwich between those two three thousand dollar red days, we've got about eighty one thousand dollars of profit. That's a nice sandwich. So finishing the month net about 75 grand, it's a good month.

I mean all in all, this has been really awesome last last year May 2017 I made $17,000 So comparatively it's been incredible. but you know with training there's an ebb and flow. Some months you know one year will be really, really great, the next year will be slow, and most likely it's you know, it all kind of evens out in the end. So I'm just hoping that we have a strong summer.

The first two weeks of May were amazing I made $70,000 in the first week and then $25,000 in the second and a half week or something like that. and then the last two weeks have been really slow. So I'm hoping that things turn around and start to really, you know, move back in the right direction. Today was one of those days where I just the market was not on my side and it's like everything I got into went the other direction and I just I wasn't on I traded for stocks and I was read on all four.

I did have some profits that I gave back being a little too aggressive on two of the trades, but today just I don't know. We didn't see the momentum so there's a little bit of a slower day, but that's alright. It's been an amazing month and I'm okay with that. so hopefully tomorrow first day of June we'll be able to start with a little bit of profit.

But you know what, even if I start in the red, it doesn't mean anything. I could still have an amazing month of June and I'm excited Summer is here! It's time to just you know, trade in the morning and then spend the afternoon outside, going to the beach, getting on the lake, doing what you love to do. Alright, so anyways, we'll break down all of today's trades in today's midday market recap and we've go over the trades from this morning. This was a wild month.

We're finishing the month of May and you know I started the month with a red day and I'm ending the month with a red day, but I'm finishing up $75,000 this month. it's been a crazy month. some huge green days, but also some big red days. It's just been really all over the place we've seen you know, some big opportunities, but there's also been a lot of choppiness in the market, especially in the last two weeks.

And this is not actually that much different from the month of April. The month of April. was amazing for the first two weeks and then the second two weeks were really, really choppy and that was the same for May first two weeks, a man-made like almost $80,000 and in the second two weeks. Yet last week I was breakeven and this week I'm down like two thousand two thousand dollars so far, so you know it's just been one of those weeks where we're not seeing good follow-through and I'm a little bit disappointed today that I'm finishing in the red.

I was obviously hoping to be green today and you know, for me, being red is disappointing. but I'm a trader so I have to get used I mean it's not a matter of getting used to I've been doing this for a long time. I just have to, you know, be okay with being red because you can't fight. They're just going to be days where you close in the red and you know it is what it is.

So today is maybe a little bit of a more frustrating day because I'm read on all of the names that I traded. So remember yesterday I was read on three out of the four names and then I had that one you know, homerun trade That made up for all of them. Well, today, I don't have a homerun trade to make up for all them. and I don't have a blowout loss I don't have any big massive loss I just have lots of small losses and those add up.

So today's one of those days where I just didn't get a lot of good follow-through on the stocks that I trade with in my Strat. So finishing the day down 3,000 bucks which is disappointing I Started the month with a three thousand dollar red day. and you know, in between these two red day's sandwiched between them, we've got, you know, almost? Well, I guess it's eighty-one thousand dollars of profit in the middle and then three thousand loss on the beginning and three thousand loss on the end. So you know I'm not gonna I'm not gonna cry and I'm not going to be disappointed because it's been an amazing month and you know years ago I would have I would have killed for a seventy-five thousand dollar month I would have been just.

you know. So so so excited so you know it's this is one of those things where we're trading. You have to take the good with the bad and so the good of course is a day where you make thirty thousand dollars on Wednesday The second I made twenty nine thousand on Thursday the third I made another twenty nine thousand dollars in two days the week of the 14th to the 18th I made twenty five thousand dollars. So it's like you know that's the good but down the bad is Wednesday the ninth I lost thirteen thousand dollars that was actually I think my worst day of the year and it was.

It was. It was brutal I mean it wasn't fun at all. No, that was very disappointing I wasn't a happy camper on that day today I'm down three thousand I'm not a happy camper I'm not excited about it, you know, but but mostly just because it's kind of. It becomes a little bit taxing when you have like loss after loss after loss because you're like geez Louise What am I doing wrong here? Why aren't we seeing better follow-through in the market? So first of all today I didn't have anything on the watch list that I liked nothing at all so the watch list was a dud.

There was nothing on the gap scanner that looked good M Dgs was the leading gap or but at a 2m d GL but at $200 this was just out of my price range. So I don't trade this type of stuff I just leave it alone. So first stock that was on our scanners was Jill J I Ll and on this one and I jumped in it shortly out out of the game when it was doing this little one-minute pull back right here. this little one-minute micro pullback I got in and then I got stopped out on this red candle right there so you know this was a good flag pattern but it broke down it didn't retest high of days a high of day which is what our target would be.

It broke the low and dropped so that was disappointing and I lost almost a thousand bucks on it was 7,500 shares so Jill stopped out of that one. Next one was V KTX and on my first trade on V KTX I got in at 795 right here and I sold on this move up through $8 and I made a thousand bucks on it so I actually went down went to being down only $24 on the day and so at that point I was like alright, you know I've recovered a little bit of the loss. not bad I then get back in it right here at 8:35 I get back in for the break over this pivot the high of the candle at 10:13 and I'm anticipating a retest of high of day. It then drops to 793 and I stopped out for a fifteen hundred dollar loss.

so I went from up a thousand on to down five hundred and now I went from down you know a thousand on the day to down 1500 on the day it curls up here. I get back in at this area a little extended at like 85 for the break over 90 and I got stopped as it comes back down so I lost another 250 bucks on it and I'm down 770 on the day despite the fact that the stock is up like 85% So I feel like my strategy didn't really work well on this stock and that's a little disappointing, but it is what it is. So this one I got stopped out. trading on the one-minute chart just was not easy.

The 5-minute in this case was actually a little bit more predictable and the one-minute was quite choppy. so gave back some profit on Bkt, X and then ndra. This one hit the scanners I didn't call it out in the room I thought the risk was too high on it. the volume was very low.

I was thinking maybe it would break over the highs and go up to three dollars I got in right here and then I got stopped out as it came back so lost a thousand on that one which was a stupid trade and that was kind of emotional. Yeah, that was a little bit of FOMO I just sort of jumped in it and I I didn't want to call it out because I knew it was sort of a stupid trade and and so I lost money on and that was my own fault. so that was $1,000 of unnecessary losses and then Bo Excel I jumped in this one it's once I hit the scanner I jumped in for the break of eight fifty seven fifty seven, forty seven and it got all the way up to 95. But I took the approach of trying to add on it, thinking because there was news on it, and because it was hitting the scanners that maybe it would squeeze up into a circuit breaker halt and actually give us a nice set up.

maybe a move up towards 968 which was our daily resistance point. So on this one I kind of was swinging for the fences a little bit and then I got stopped out on these two candles when I came all the way back down to 780. So I lost $329 on that. So that's what I get for trading past 10:30 you know I trade the first hour for the most part and trading this one at this time of day was kind of a little bit stupid, but it was on the scanners I thought maybe it would take off.

it did have news this morning, but nope didn't work out for me. So that's where today gets a little bit. frustrating is not even as much the amount that I'm down, but the fact that I took like seven stabs at different setups and I just kind of my accuracy was poor. so it is what it is.

You know this is part of trading. The interesting thing is doing the exact same thing will produce different results on different days depending on the strength of the overall market and that's what gets very confusing. There are days where you can break rules, you can be buying stocks really high and it pays off. There are days where you know doing everything right, buying at the correct entry points.

you get stopped out because you're in a choppy market. so that's where things can can start to get a little taxing emotionally because you're like I'm following all the rules and I'm still losing money. and then a day where you just get sloppy and you break the that's when you get that that bailout and you know, stock like Ndra or Bo XL ends up. you know, saving your day and it's like you weren't really following the rules.

It wasn't really good setup, but it worked so I don't know. In any case, I'm not going to complain. I'm up seventy five thousand dollars this month, maybe seventy four after Commission's and stuff. I'll see what it's at Bro, but somewhere right around there the IRA is sitting at $21,000 A little bit of profit on this this month and I'm pleased with that.

So last May just for just to put it in perspective, last May I made $17,000 I was putting myself in trade or rehab. I was in I was in Italy and I had lost four thousand in April and so I said coming into May that I was gonna be on trader rehab I was gonna be disciplined and just try to really stay focused. So 17,000 last year and seventy-five thousand this year. So year over year, I'm up like four hundred percent, which is really, really good last year in February I made sixty eight thousand dollars, but this year in February I lost ten grand.

so you know it's it's the up in the flow. I'm sitting right now up two hundred and seventy eight thousand dollars this year I'm at six hundred and thirteen thousand in the account that I started January 1st 2017 with $583 So I'm at six hundred and thirteen thousand. Life is good. three hundred eighty six thousand until I hit the 1 million dollar.

you know, big line in the sand, so still in kind of the middle of the marathon. Here it's you know, just gotta stick with it. Stay focused if the summer gets slow. if the summer gets choppy the way it did last year, I'll just have to buckle down and settle in.

But but I'm willing to do that and I know I'll come out on the other side stronger and better and I'll just keep growing. So for all of you guys who have been you know, watching over my shoulder this month it's been a lot of fun, you know? I Want to thank those of you who have contributed to the Memorial Day Warrior Trading Gives Back, challenged and made a pledge for me. Half of my profits from this month are going to charity. That's around $37,000 which is great.

I Was hoping that we would get it up to 50,000 if I'd made a hundred grand. that would have been the case. but I didn't quite get there. So that's all right.

37,000 is still good. That'll help a lot of those charities here in the Berkshires you know accomplish some really good things, so that's all good. And those of you who've been watching and seeing you know these gains these crazy big days I know you're getting excited. You're thinking all right, how do I get started I Want to get into the market and I just want to encourage you guys to keep trading.

The simulator, Trade, trade, practice, practice. You'll get to a point in a simulator where your metrics will justify trading with real money. and when you get to that point, that's when you flip the switch and you go to real money. But until then, practice in the simulator this summer is a great time.

Somewhere in general is a great time to practice because you get generally an opportunity to be really disciplined and really focused. and then coming into the fall, that's when the market picks up. September October November December Those are usually really strong months, so spend the time studying. This summer.

Today's the last day of our Memorial Day sale. We'd love to have you guys join the Warrior starter course or the Warrior pro course. Both of them include access to our chat room. It'll give you a chance to trade in the simulator and go through our classes.

These classes have been taken by thousands of students before you who are now on the other side trading profitably. So make this the summer where you learn how to trade. Commit yourself to it. Alright, so that's it for me and I'll be back at it first thing tomorrow morning.

we'll finish up the week first day of June hopefully with you know, just a little bit of profit, but it's been a choppy week so I'm not gonna try to swing for the fences I'm just gonna try to make you know a little bit of money and try to finish the month with or finish the week with some strength. All right, So that's it for me. and I'll see you all back here first thing tomorrow morning 9:00 A.m. 9:15 pre market analysis.

All right I'll see you guys then. 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 anytime I Go live or up new videos.

Until then, Happy surfing.