Alright guys, so finishing another awesome day of trading from New York City I'm finishing the morning up 3931 dollars and 93 cents. Traded three stocks and obviously did really well in Mt. BC and then lost money both long and short on AAA or Arry and I probably wouldn't have been as aggressive on a ry if I didn't already have a big cushion from Mt BC but I got in a Rry first 5000 shares, stopped out for like a 1 cent loss and then flip short with 5,000 shares and stopped out with a 13-cent loss. so and I probably could have sized down a little bit on that.

I think I was being a little more aggressive I really thought I was had the right idea on it but but it didn't But Mt BC was fantastic. 48 hundred dollars in profit and I was thinking that today you know with one trade being a 4,800 bucks that I had today had the potential to be a you know, five seven, eight thousand dollar day I just needed that second trade and that second really good opportunity and we we didn't get it. or at least we haven't gotten it yet. It's 11:00 a.m.

so you know the further we get away from the bell and the closer we come into lunchtime, you know, trading kind of slows down so rather than try to push it really really hard I think I'm just going to, you know, be happy of $4,000 profit. I'm still trying to kind of rebuild, you know from just a little bit of the the rough months of April Obviously April was just choppy, it wasn't very clean and my goal is just sort of rather than you know like the last four days have been good and I made like $7,000 or whatever. but I didn't want to have a day where I had a big drop because I got too aggressive. so I just want to keep going steady steady steady up you know and when we see good opportunities like we saw in two today on Mt BC I'll be a little more aggressive Oh Today on Mt BC this one we found on our Gap scanner it was our leading gapper.

This actually it was the second-highest gap or gapping up with news of earning good earnings overnight. So when we saw this pre market you know I was like okay, well I like it long over the pre-market high and that was at this point here where the pre-market high was 246. but just before the bell rang we got. you know this sort of squeeze all the way up to was it 7 to 70 and then all the way up to 284.

so I was kind of like I don't yes - mmm pre market high was 270. so I was kind of like alright. Well now I'm nervous that it's going to be too extended, the bells going to ring, it's going to roll over. So I just got to kind of wait and what I decided to do was wait a little bit instead of jumping in immediately as it as the market opened which I often tend to do on these I decided to wait just a little bit and I waited until it showed me some real strength.

We popped up to a high of 3. We got a little one-minute micro pullback right here at 3 and as we broke over 3, that's when I got in with 5,000 shares. so 5,000 shares in it 3 and we pretty much immediately popped up to a high of 350 and then up to 360 and as we broke over 365. I thought at that point this was going to go to $4 so I was like, you know what, I'll just add another 5,000 shares at 365 and if it drops down to 355, I'll stop out and I'll be risking a little bit risking 500 bucks basically.

but the potential is that it could go to $4 or 420 which is going to add another $2,500 to my profit. We popped up to a high of 84 and we kind of hesitated there and then I sold the whole thing at 370. So with 10,000 shares from like a 325 average, you know I made 40. What about 40 cents per share? so 4,000 about first trade was $4,000 and then I got back in it for this second trade over this level here in it, 364 popped up to 377 but then we pulled back and so obviously that one didn't hold up as well.

So there's still a winner. just didn't hold. and since then it's been selling off. So an awesome trade right out of the gates, gap and goes set up.

So this stock had everything we look for. Number once, a former runner has a history of making big moves. Number two, it was gapping up with a catalyst that had news. Number three, it had a low float.

Number four, all the traders were watching it because it was the leading gap or it was the obvious trade. So I jumped in and rode the momentum. Made $4,800 so that'll do right. That's a great day.

Now you know when we have a really good move like MTB see? what's really common is it will see kind of like sympathy momentum. So the next stock that starts to pop up on the scanner, it'll start to squeeze and traders sort of that feeding frenzy that's on em. TBC switches over to the next one. you know, whatever it might be and that didn't happen today.

I Would have needed that to happen in order to have a $10,000 day. You know, $4,800 winner on this one and then 3,000 on a second one and maybe 3,000 on a third one. And that would get me. You know, up to ten 11,000 that's very possible.

It just didn't happen today. So in any case, you know the next trade I took was ary and on this one we had this this kind of funny one because we had this little five-minute setup right here. but I was like, well, I'm a little iffy about it because it's extended off the nine moving average the best you know the best pull back, pull back right to the nine moving average and then move off that level. So the fact that this was as extended as it was made me a little nervous.

but I said you know what I'll take a stab and a guy doing with 5,000 shares at 377 it popped up to let's see I'll show you on the 1-minute chart I Got in at 77 and it popped up first - where am I it pops up to 80 and then it start. it just seemed heavy. so I sold I Got out into the small loss last 30 bucks on it and I flipped short because I thought this was going to do a false breakout. kind of like the false breakout we saw in Mt BC where we popped up and then we came down quickly.

but what ended up happening is we came down and shorted it and then we just curled and we moved back up to the highs. So I had to stop out and I kept my tight stop 13 cents, 10 cents and then 3 cents of slippage so kept a tight stop on that which is totally fine but I tried it long I tried short, didn't really do well on either side so at that point I was like alright, well you know I'm still up 3,900 bucks I don't only want to give back any more profit unless there's a really really good set up that's worth taking. and since then I haven't seen anything that's been worth taking. so I've just been sitting tight and I think that's definitely the smart thing to do right now.

My goal is to just have you know just to try to be consistent to just sort of rebuild. sorry I got an incoming call. you know just to be consistent to try to rebuild this. this account that you know I obviously took out $70,000 so I went from a hundred down to thirty thousand and now I'm kind of building it back up.

So my first target is fifty thousand dollars and in an account balance. So this morning I opened at thirty seven thousand eight hundred. so plus the four thousand tomorrow opened just under forty two thousand and you know getting closer to that fifty k mark and you know once I hit 50k I will have made back the loss that I had from the the to kind of slow weeks or read weeks I had in April where I lost like 15 grams so I lost 15 grand and now I'm trying to rebuild now I saw a trade or comment that in in April I had a massive loss which was not the case at all and I did really really well in January February and March I took $583 and turned it into a hundred and twenty five thousand dollars. but then I lost about 15 or seventeen thousand.

So losing 15 or 17,000 put me down four thousand on the month of April because in the first week I made whatever it was fifteen thousand and or ten thousand and then I lost fifteen. So that's yeah I mean it was a loss and it was over the course of three weeks. So you know, kind of small losses. It was kind of a choppy market, but relative to going from 500 to 100k, that pullback is completely calculated.

It's calculated, its measured. It's not beyond the risk tolerance that I have or that most traders would have. It's acceptable to go from you know, 100k down to 90 or down to 85 and then build back up through a hundred and up to hundred ten hundred, twenty hundred, forty hundred fifty and then drop down to 135 and then back up to one hundred 50, 60, 70, 80, 90 down to 75. I mean those are the common ups and downs that every trader is going to experience.

So you just have to know that about the market. and you have to prepare yourself that you're going to have some incredible hot streaks and then you're going to have some. you know, some slow days. So today was an awesome day.

The last, you know the last five days have been really solid I think in the last five days I've made about twelve thousand dollars so you know that's that's pretty solid. I'm definitely happy with that. It's helping me build my cushion on the month of May and I'm hoping that we continue to see some really some really good opportunities this month, right? You know? it seems like momentum is coming back in the market, so definitely want to capitalize on these opportunities. Knowing that by being aggressive on these trades, that it'll help tide me over during, you know, an inevitable slow period that might come.

I Don't know when the next one will be? maybe it won't be till the fall, but you know it'll be inevitable. So definitely know when to put the pedal to the metal. Be aggressive, try to get those gains and those are the times it is. It is okay to increase your share size and then when the market is slow and choppy and you're not seeing big opportunities, that's time to step back.

slow down the share size now. I Don't like to walk away from the market completely because I Like to always know what's moving, how the markets working, what's you know how things are trading. So I just reduce my share size and then you know I'll antha back up. So it's that ability to you know kind of throttle up or down based on how the market is performing.

All right, So that's it for today. Today's day 8888, the trading day of the year and one of the best days here so far of the month. So I hope that this is a good sign of what will hopefully be a really strong month of May Okay, so that's it for now. I'll see you guys a little bit.

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