Alright guys, so we're going to do a midday market recap. Go over the trades from today. Today is my 89th trading day of the year I missed a couple days at the end of last week I was in New York City and had some meetings and then I didn't trade yesterday because I didn't have an account to trade in as I mentioned yesterday and gave you kind of a teaser I was switching brokers. So today is my first day with a new broker and I'm trading I'm back with Lightspeed Financial and this is the first time I've traded there and well, I've had my account there.

it's still been active I just in trade in it so it's been well over a year since I've traded there so it's nice to be back. I've always loved their platform. It's a fast platform, it's intuitive I just I like the way it works. but in the past the Commission's were a little bit too high and that was the only reason that I wasn't trading there.

Well, I Met with the President of Lightspeed and we were able to put together a group rate for all of our students. So the group rate is as I mentioned to all of our students earlier today, it's two dollars and fifty cents per trade plus Ecn fees for chat room members and two dollars per trade plus EC NCS for Warrior Pro students who are participating in the broker rebate. So for Warrior Pro students will be priced at two dollars per trade until you've saved an amount equal to the cost of your education. So essentially it subsidizes your education through discounted Commission's over the course of however long it takes you.

you know, six, twelve months or whatever it is. So those of you watching on: Facebook Here's the live stream of my account. So today I made just over a thousand dollars on three stocks and you can see this: Lightspeed that's my the way I separate this. I've got my active orders right here and then I have executed orders here.

So if I put an order for Saina, you know let's just say one share or something and I put it it. I'll just save $98 and I press the Buy button. That order is just going to be sitting here as an active order. so my active orders always show up here and then I can cancel Ctrl Q and disappears I like to have active order separate.

so I don't lose track. You know that I have an open order that's still pending. The green orders are the ones that I executed. the red ones are the ones that I cancelled or didn't get filled on.

So I've got the level two here. One of the cool things is I can tab between these four level twos and you can see how the one that's highlighted has the yellow border and the color is brighter. Now you can adjust all these settings. We have our Lightspeed video where it's a demo of how to navigate this platform and how to change these things.

but these are all customizable. I Mean you can make it whatever you want. This is just the way that I like it. Alright, so finishing today was $1,000 in the first 30 minutes.

Not bad, right? It's not a bad way to start the morning and I'm leaving in about an hour. actually less than an hour. I'm leaving in like 25 minutes for the airport and I'll be in Las Vegas for the rest of the week trading with our students who are in the inner circle and then from there I'm going to fly to San Francisco and then drive up to Napa Valley Alright, so that's my itinerary for the next couple weeks, but I'll be trading on the road in my life speed account. So this it resulted in me having to take one day off of trading while I wired money out and then wired money back in.

So I lost one day of trading and I lost two days in New York City Having meetings with different brokers and stuff like that trying to put together the best the best rate for our students. Now full disclosure: we're not getting paid any advertising fee or we're not getting any kickback for any of our students who join. Basically what I said is I don't want that conflict of interest I want you guys to give any extra money that you have as it discount to our students. So basically give our students.

the bottom line the lowest you can possibly go. Don't worry about you know, paying me anything. I Don't need to get $50 per student or whatever those affiliate rates are I Just want to give our students the best opportunity. Now at 250 per trade, this is obviously a really good deal.

You do need the minimum balance of 25,000 because they're located in New York City. So they've got the PDT rule so you know that is what it is. But we're also working with trade 0 that are in the Bahamas and they don't enforce the PDT rule. However, they only accept international clients.

So just as a heads up there, if you're international, you could trade with trade 0 but of course I'd really encourage you guys to look at Lightspeed They accept US residents and international residents. they just don't accept Canadians That's the only. Well that's probably a couple other countries. but unfortunately I don't accept Canadians so that is what it is.

But in any case, today was kind of a little bit of a day of adjustment. you know? I was getting the platform set up last night and putting in all my hockey is my hotkeys are the same. No change there. I've got control 1 by 2500 shares control-z bail out of the full position I've got sell the whole position sell corridor, sell half I have it both on the bid and a sell on the ask.

So when I sell on the ask, remember that I'm adding liquidity by adding liquidity again, ecn rebate. So for every thousand shares that I add liquidity, I'm getting a rebate of about $2 So today I added liquidity on 2500 shares and so that'll be. you know, $4 and by basically $5 that I'll make back. So you know that covers two trades I Mean it's not a lot, but it adds up over the course of you know $5 every day of the week.

and you know over each week, the month, and every month of the year at the end of the year, you could be talking about thousands of dollars in rebates. So it definitely makes a difference to be able to get those Ecn rebates. But in any case, I got my hotkeys set up and I got the platform set up. Just you know, a couple little nuances.

You get used to doing things the way you're used to doing them. And to me, when I change platforms I've done this before. It's kind of like you know you've been driving a you know I don't know Toyota for a long time and now you're driving a Honda Like this does everything work basically the same. Yeah, it does.

You know, just are some things a little different. Sometimes to put on the high beams you push in instead of pull out, you know the windshield wipers might be a little different. It's you have the same functions, it's just remembering the new location for some of them and that'll take a couple days. So you know today was the first day.

But thousand Bucks is is good and hopefully we'll have a good day again Again, tomorrow and tomorrow we'll be trading with our students in Las Vegas So hopefully we have a good day. So I don't embarrass myself in front of all of our students. but I'm sure it'll be fine I'm not going to go I'm not going to go crazy with fifteen Twenty thousand share positions I am continuing to trade conservatively. so Daniel Yeah, I'm not in I'm in the halfway house I'm kind of making my way out of Trader Rehab, so Trader Rehab for me was capped at twenty five hundred shares.

Today it's at five thousand of SOR L So I increasing my size a little bit, but I'm still keeping it pretty moderate. you know? unless I see really like I said, a quality set up and then I'll be more aggressive. but I just want to continue to sort of slow and steady rebuild this account. My goal right now is to hit fifty thousand dollars.

So I'm at forty one thousand Seven hundred Twenty nine this morning tomorrow I Open around forty to seven. So I've still got you know, seven thousand dollars to go before I hit that level and you know it's arbitrary I Mean it doesn't mean anything, it's just fifty thousand, but that's kind of my next target in mind. So I don't want to have a setback I rather just slow instead to get myself up to 50 and then you know if the market is really hot. I can get more aggressive and you know, push it a little bit harder but the markets been a little slow.

April last year was slow May last year was slow and then June July in August were amazing So you never know maybe this summer will be slow. maybe it'll be awesome, but I need to be able to adjust my risk to the market. So one of the things I also said today for all of our students is that I wanted to test you guys add a little bit and see if you were able to identify the proper entry points in the stocks that we were trading. So instead of me telling you the proper entry point I was testing to see if you guys were able to call out those entry points in the room and you guys did a great job.

So I want to walk you through the trades as I took this morning and you guys can compare them to the trades that you took. So the trade that I did really well on made a thousand bucks was s o RL All right so this is S O RL Now why did I trade this one? Well yesterday it made a big move. all right you can see on the daily chart. big move yesterday.

gapping up and then squeezing up to a high of 620. So yesterday's high was 621 and then you can see here this consolidation all afternoon yesterday and then we ended up opening just a little bit higher. When we see this type of setup, there's a really good chance that the next day it continues it breaks through the high and then goes even higher. So I was thinking 650 $7 back of my mind target but we needed to break over 620.

So pre market we had a high of 609 which was also sort of this resistance right in this level. So I said you know what I'm looking at this to get in at 610 for the break of basically pre market highs and then my first target is 620 and so that's exactly what I did The bell rang and I jumped in 5,000 shares at 610. Now we popped up to a high of 620 or 619 and I was like looking good I like this. Then all of a sudden we dropped down to 599.

That was like you know you got to be kidding me This is this is how I'm going to start my first day at Lightspeed with a with a red trade and then we popped back up here and then they said okay well the first candle to make a new high is the spot that is going to be important and we want to see over that high right there that we go right up to six 20s and that's what happened. So we went from Six Twelve right there which also would have been a really good entry point. and then we popped up to a high of 637 639. So through that squeeze I sold half three quarters stop right here underneath 620 on the rest.

this level here was 619 so as soon as we broke below that level I stopped out of the rest. My stop order got a little bit screwed up because I had typed it in wrong so it didn't fire it. We ended up dropping down to 609 I was still holding 500 shares, we popped up to 617 and I sold on the ass because we popped back up So and then I went and fixed my hot key so that won't happen again. So anyways, that was the first trade on S o RL so two entry points that would have been good, the first one at 610 right here which was a little risky and then the second one right here at 612 which is kind of the the micro pull back after this, you know, clear bursts of volume in the first couple minutes.

so a decent trade there after that. Oops. After that had been trade it again I was half interested in watching it as it was forming this this bull flag right here. but I wasn't sure the first kill Megan knew how I was going to work because this orange dotted line is the V whap the volume weighted average price and we were trading below that level.

so I was a little unsure about that. All right, so that's sor l The next one was x g TI x g TI I wasn't super super interested in it I saw on the scanners pre market we've traded it in the past ahead earnings but it's not one I've ever done really well on having said that on this candle here, it suddenly squeezed from 180 all the way up to 205 and so I thought okay, well this thing clearly is showing some strength so I jumped in. Let's see right here you see how we have this consolidation elation for the break over 205 I got in this at 203. Anticipating the break over 205, we pulled back for a second.

then we popped up to 207. I ended up selling it at 204 for a $20.00 gain so didn't really get what I was looking for on that one. 2,000 shares, 20 bucks. Saina is the last one that I traded.

This one made a huge move from $90 all the way up to nearly $100 this morning. I bought and in hindsight, you know I certainly could have held longer. But in any case, I bought this right here expecting that we would break over 98 50 and over 98 50. We would squeeze all the way up to pre market or too high of day which was 98 84 in.

Anyone who is short would cover so you can see we got that break on that candle up to a high of 98 96. I had an order out at 98 97 to sell half I didn't get any of it filled and then we drop back down here to 97 16. So on that one I made $30 with 250 shares. so I wasn't taking a lot of risk I was you know trying not to be super aggressive knowing that that was the price range that you know I can lose 50 cents or a point in in a matter of moments.

So I didn't want that to happen. So I just I took it easy and you know I'm fine with that trade. So anyways, three trades today. 10 executions total, 10 tickets so 10 times 250 25 dollars in commissions.

My Ecn fees today on 14,000 shares are like 25 30 bucks so commissions today are about $50 not bad 5% of my my total gains basically. so total gain is 1033 gains after commissions will be about nine hundred eighty-five dollars. Alright, so you know that you know how how difficult it is to trade when you've got big commissions. Now you know for reference I know some of you guys are trading with brokers where the Commission's are? You know point zero, Zero five, or even point Zero Zero one.

And that means on fourteen thousand shares, your commissions would be one hundred and forty five dollars today. Or seventy five dollars today, right? And you know that's that's definitely more than I'm paying, so you know. And and that's not to mention the flat fee that's separate, so it would be even more so. anyways.

I Definitely encourage you guys to. You know number one. you need to use the best tools for trading. And so Lightspeed has direct access routing.

We've got the hotkeys, we've got customizable hotkeys. We've got smart routing, which is lower than a little less expensive than the direct access routing. We've got a stable platform, and one of the things that's nice about this is 2-step verification for login. so you know for someone like me, who you know I've got my videos on YouTube and all that stuff your accounts a little bit more secure, which is really nice.

Ok, so anyways, that's about it for today. Like I said. I got to head out to the airport I got to leave in about 15 minutes. so I will do a live stream for sure tomorrow from Las Vegas I might do one later tonight depending on what time I get in and stuff like that.

but I will be here the rest of the week. I'll be trading on Wednesday Thursday and Friday morning. Alright guys, so that's it for now. So that was the update and I know you guys are going to be excited to get your account set up.

Everything like that so you can see over. I've got a link to the page where you can see all the details of the the group rate and stuff like that. Ok so with that said, I will see you all first thing tomorrow morning. Alright bye guys, let's be honest, if you made it this far, you must have really enjoyed that video.

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