What's up everyone? Alright, here we are. End of: January We just finished up the best month that I've ever had in my trading career. I'm gonna finish the month with over a hundred and seventeen thousand dollars in profit I Put in a wire transfer today for a hundred grand I'm paying myself, taking the profit out I'm gonna start my account tomorrow around fifty five thousand dollars. so taking a bunch of money out just man.

what a month you know what? I Started the month on a red day first day I lost four grand and I'm ending the month on a red day down four grand. So sandwich between those two four thousand dollar losses is about a hundred and twenty five thousand dollars in winning trades giving me one hundred and seventeen thousand net profit. What a month can't wait for February It starts first thing tomorrow morning. I'm gonna keep being aggressive because I have no reason to think February won't be just as strong as January.

In fact, last year February was my best month until things picked up again in November February was the best month of the year all the way until November. So I think there's a lot of potential at February will continue to be really strong I'm pumped I'm ready to get back at it first thing tomorrow morning, but what are we talking about tomorrow for? Let's get into the midday market. recap. All right everyone, so we're gonna pout out.

has been the best month of my trading career, but which began with a red day and is ending with a red day. so you know it's just the luck of the draw I guess but sandwich between those two red days are a hundred and seventeen thousand dollars in profits. I'm gonna finish the month up right around one hundred and seventeen. We'll see when I get my statements exactly where it settles, but it'll be somewhere around 117 thousand dollars.

So the best month of my trading career and it certainly didn't feel like it was gonna be that way when I started with a four thousand dollar red day on the first day of January and here ending the month with a $3,800 loss in my main account and an $800 loss in my IRA is not how I wanted to end the month. Having said that, I want to keep it in perspective? Yesterday was a $13,000 green day and today I I did push it a little bit harder and you know fell into the red. So let's break down the traits from today and really, the one to focus on the most is Htb X the one that I'm read on I The feedback I've gotten from a lot of you guys is that many times you learn more from my red day recaps than you do from the green Day recap. So I want to really try to analyze this Htb X loss so you guys can learn as much as you can from it.

So as you can see I lost on this trade and both my main account and on my IRA account. So let's pull up the scanners here. So Htb X was the second trade I took I was down 25 dollars on the day on cone before the Htb X trade. so I was slightly in the red but not significantly.

Htb X hits the scanners at three, thirty two, twenty five, thirty eight and so when it hit the scanners I thought okay, you know this is the one that's starting to pop up I'm gonna jump in and I look at the chart and saw oh yeah, it's a fairly recent reverse split. It did pop up a couple days ago, but it's starting to curl up here. So I think I'm gonna give it a chance and jump in so we'll back this down to a 10 second chart just so you guys can really kind of see the split-second decisions that I'm making. All right, So we'll zoom in here.

All right. So it taps 340 it pulls back and as it curled back up, that's where I press the Buy button in my IRA getting filled. Actually my first order was for 3700 shares. That order at 43 got rejected so I had to type in 3000 and then press the Buy button again and I got filled at an average price of 344.

Okay so now I'm in in my main in my IRA account at 344 I switch mouse over to my my main trading account have HTTP X already typed in and I press shift 1 four times and I'm getting filled. Let's see, at 60 and 63, that's how fast this had moved up now. So at that point I was already up fifteen cents in my IRA But of course I was just thinking basically, look, this stock is strong, it's moving fast I'm gonna try to ride the momentum and you know we'll see where it where it takes me. So I'm adding here at the high of 60.

Basically 62 doesn't even show that it hit 63. but of course, well now I guess where did I felt maybe? oh sorry, maybe it was on this? No. I'm not sure it was somewhere right around here. In any case, so I'm in in this area with an average of 360 with 10,000 shares in my main account and 3,000 in my small account.

So it's consolidating and immediately when it dropped down to there to 38, I was kind of like uh-oh you know this might not be this. this might be a problem, but I figured I'd give it a second to consolidate, it consolidates, it taps 370 and I'm thinking okay, you know there's the first camel to make a new high popping up to 370, but it immediately drops back down 3:45 and so I just kind of was holding through this consolidation. It bounced off of 3:30 a couple of times where there was a good-sized buyer sitting there 10,000 share buyer. so you know it kind of keeps bouncing off 3:30 and I'm like okay, you know it looks like it might get back over the half dollar back over 350 and if it does, if it breaks out of this kind of consolidation sideways, obviously I want to see it make a new high.

So I'm holding right through here and then finally on. this candle is when it broke down so it drops to 21. I press the sell button to sell it 310. that was when the price was that right around you know 320 because I'm using a 10 cent offset.

the order gets rejected and it got rejected because I had a I had I don't know why I just got rejected so or gets rejected I then have to press it again at 3:17 the limit is for 307 again 10 cents below the current bid and I got filled at 3:17 So I bail out of that for a 30 cent loss 810 dollar loss and I think one of the reasons I held this as long as I did was because I was holding it in my IRA account. You know I only have three trades a week I feel like every trade has to really count and I really didn't want to take a loss and I definitely didn't want to stop out of it for like a 200 dollar loss only to have it run right back up. So that's kind of part of why I decided to hold it longer I just sort of felt like you know what. Just give it a chance, let it consolidate, wait for the first camel to make a new high and you know what I should have done is I should have I got into this too soon.

This right here was a scalp entry. Getting in at 350 for the half dollar break is a scalp. You get in at 350, you sell at 360, you sell at 370 when you're up 20 cents. and if it doesn't hold, that's fine, you stop out.

This was not a good entry for a 25 minute hold. A good entry for a 25 minute hold is the first five minute candle to make a new high or possibly a solid 1-minute micro pullback. Now that just we didn't get a good one minute micro pullback here, this was the rejection. It was a false breakout and that's where I stopped out.

So I think that I have to remind myself to take a quality set ups if I'm gonna take a trade in the IRA because the fact that now I was in it I felt like well, you know I don't want to stop out in my main account you know and still be holding in this account I I want to see the whole trade through and so that kind of affected my decision here. So I sold me IRA first at 3:17 and then I stopped out in my main account at 3:13 So the loss in my main account was you know, 20 cents bigger. it was 15 cents bigger because I bought at fifteen cents higher and it was. you know, four cents bigger because I sold it for cents lower.

So 20 cents times 2010 thousand ten thousand shares is two thousand dollars, you know? So again, it just it was a frustrating trade and I'm I'm I think in hindsight I shouldn't have taken it in the IRA because the only reason I held it for so long in this account was because I was trying to see it through in this main account or in my IRA account. I shouldn't have taken the trade I should have waited for an equality set up the way you know I have said I need to focus on so I should just wait it and have I done that I would have said well it's not a good setup for the IRA so I'm not gonna trade it I'll buy in my main account at forty four and when it pops up to sixty five or seventy, I'll sell half and stop out the rest breakeven and that's how that actually would have been a winning trade and even though today I still wouldn't be up that much because you can see nothing else was really that great. This would've been a $4,800 loss. So this is one of the challenges of trying to trade with two accounts at once and is kind of like next level of psychological challenge and it's a good test for me today.

Obviously it didn't pan out the way I would have liked, but you live and you learn and that's kind of. the process of you know of trading in these two accounts is finding my rhythm and this is only the fourth trade I've taken in the account I've had two winners and two losers. Started with eighty three hundred dollars. so tomorrow will be it.

Whatever. Ten thousand, six hundred or so and it's progress. It's still up, but a little bit of a setback here as I navigate these waters of trying to trade with two accounts at the same time. So a little bit of a challenge there, but it's a good challenge and at the end of the day I'll come out a better trader and I'll be able to confidently trade in two accounts at the same time.

although realistically, I'll probably only trade in two accounts until this one is above $25,000 and then I'll primarily trade in this one because I'll be able to day trade more than three times a week, right? So right now I can only day trade three times a week, so I'm really limited and that definitely is affecting my decision-making a little bit. So anyways, a little bit of a disappointing day finishing down I guess $4,600 between the two accounts and you know I'm hoping that we see some good opportunities tomorrow. and Friday going into the end of the week and I just want to keep growing this IRA account. You know, get it up towards 1520 thousand and get it over that twenty five thousand dollar level.

but that today definitely didn't help. So anyways, that's the loss on HDB X Cone Mara BS P.m. these were all just kind of small trades. There wasn't anything super exciting on them.

Bs P.m. was halted I didn't get in it before the halt I got in after the hall and I got in it to 9 3 97. We popped up to a high of 420 and then dropped all the way down to a low of 366 and then when we curled back up I Sold basically for a small 5 cent profit. so small winner on that one Held through the pullback I Thought this was going to just be a horrible day when it dropped that much, but it did bounce back up so that's good and Maura you know a small trade on that I guess some news came out so scalped it from 45 up to 55 didn't hold those levels.

Came back down cone very weak today. Not a good good one at all. So overall I would say looking at the P&L today was not an easy day even if I hadn't had that big loss. I Still probably wouldn't have had the best day.

so a little bit slow, but that's fine. You know yesterday was a great day, the day before was a great day. I'm still up 20 almost $20,000 on the week so still a really good week. It's still been an awesome month and we'll just you know be back at it first thing tomorrow morning.

Start to build our cushion for the month of February and see what we can do. Last year, February was the best month of the year for me until I beat that record in November. So I have no reason to think that November or that February won't continue to be just as strong as January. We're in a pretty, you know, hot hot stretch right now, so try to capitalize on it, make the most as I can during this you know, window of strength and then really build the cushion.

So if I do have to slow down going into April, May and June and the summer months, I'll feel like you know what? I've already made a quarter million dollars I can totally slow down and not feel like I need to force it. Alright, so that's it for me. I'll upload all my broker statements for the month of January early next week once I have them and we'll do a January month in review at some point next week and look over all the stats from a high level. All right, So that's coming up next week.

and in the meantime we'll just keep on trading and I get into February here, hopefully with a couple good trades tomorrow. All right, So that's the game plan. I'll see you all of you back here first thing tomorrow morning for pre market analysis around 9:00 9:15 All right, see you guys in the 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.