Oh hey, I didn't see you there I was just signing a copy of my book hoping her sell a lot of them. After all, today was a pretty monumental day as I crossed over the $25,000 marks in my small account. Now as many of you guys know, I started that account with 583 dollars On January 1st and as of today, I'm up to over $35,000 in just 22 days of trading. Pretty crazy.

So how did I do it? Well, let's break down today: the biggest day of them all in today's midday market recap. Alright guys, so in all seriousness, you know today really is a pretty big day. This is the day that I'm crossing over $25,000 That's the kind of you know lying in the sand that once you're above that level, you can open an account with the Us broker like a trader Ameritrade and day trade once. When you below that level, you're forced to trade, you know the Bahamas where I've been trading at.

Sure trader. There's a couple other places you could trade as well, but you're really limited. So today crossing over that level it means that I can now move this money and this account back into the States. And when I first started this account on January 1st and the first day of the year was for trading was it was January 3rd.

You know this was something I was really nervous about I Was nervous for a couple reasons. Number one: I wasn't sure how well I was going to be able to trade because even though December was good I've been seeing kind of a decline in profits from the big month that I had in June June was my best month of the year in 2016 and I was like making less and less and less each month until that finally increased I think in November in December so I wasn't sure how I would do the market would had been a little tricky around the holidays and I was also nervous because I was going to have everyone watching me. You know this wasn't something that was just a personal challenge. this was a very public challenge and initially I said well, maybe you shouldn't even set a goal because then you're locking yourself into you know this level of performance.

Just say you're doing this challenge of growing a small account. Don't put any benchmarks on it but the reality is I had a very clear goal in my mind. it was to hit $25,000 and then early on I decided to say that my goal was a hundred thousand. So I decided to one-up myself and bring the challenge you know up to that level which I don't know why I did that but I guess because I made two hundred twenty two thousand last year.

I figured this year if I can make half that amount of money with the small account, that would be fantastic And that's true. So here we are today. Day 22 and absolutely the biggest day of the year in the small account. Fourteen thousand, eight hundred and five dollars and eighty six cents.

That's crazy Now on top of that, I Also traded in my regular account today I only made seventy seven hundred which means I have a combined profit of over twenty two thousand dollars today. Think about that. That is crazy to do that in two hours. So to get to the point where you can trade, you know, generate these types of returns is obviously something that I've been working towards really my entire career as a trader and this month, although I don't think I expected to hit my peak performance I have last month I did fifty five thousand dollars and then on the last day of the month on Tuesday I lost thirteen thousand.

So I finished the month up forty two thousand and now already for the month of February 2 days in um, of $29,000 So up over seventy over seventy thousand, seventy five thousand on the year and I'm really, you know, tracking well towards this goal. So what did I do today that gave me the fourteen thousand dollars in profits? Well, I will say that my trades today were more aggressive because I'm in the shadow of that big red day on Tuesday and that red day upset me more than I thought it would I was really kind of like moping around that whole day. I was just like God I'm so frustrated myself. Why did I do that? You know losing $13,000 in a single day was my worst day of that was worse than any of my days in 2016 and of course would do it so publicly and small towns.

just felt really embarrassing and I was really frustrated with myself and so on. Wednesday I came back and I was like okay on the one hand I want to make back everything I lost yesterday today. on the other hand, probably not going to happen and when you think like that, usually you end up getting emotional and making mistakes taking risky trades. So I said you know what, just trade smart if you see an a quality set up jump on it and if you don't then just sit tight.

Well I saw a good set up and I made about $4,500 so I was like okay digging my way out. you know I made back some of the loss and then today I think I came into the market with that same mindset of let's finish up this week strong I was up I was up to about twenty one thousand or twenty thousand nine hundred and forty nine dollars you can see right here this morning. so I was like 20 mm where I was at after my big day on Monday Monday I made sixteen thousand Tuesday lost 13,000 Wednesday I made back four thousand my small account plus two thousand my big account. So back up 16 our back up six thousand and now today up twenty two thousand and I came into today wanting to be aggressive, wanting to find a stock I could really sink my teeth into and generate a big win I was disappointed when I didn't see anything he looks good on the highe day momentum or on the gap scan or pre market I was looking at what was gapping up and we had X GTI xgt I was on the scanner but with that one we already had like five six hundred thousand shares of volume pre market and I said I like it possibly over or out of this pre market kind of consolidation but you know as soon as the bell rang it kind of just felt too risky and I decided to pass on this one and instead I jumped into Plumb Pul.

M This one was a lot like GSC on Tuesday where I've lost $13,000 so I was kind of nervous on my first trade on it and I jumped in with 7,500 shares. It kind of dropped down for a second and I was like this is going to be bad, it popped up, I was up 10 cents and I was like that's it I'm done taking the profit 750 bucks and most traders would be happy with $750 but when you're coming off of a $13,000 loss, $750 is nothing. It doesn't even get you close to where you want to be. So I was like alright, what's next and I'm watching the Hide a scanner and let's see the next one that popped up.

We had a it was B NT C B NT C Hit the Hide a scanner earlier this morning and when I saw it I right away was like that name is familiar why is that name familiar That stock is a former runner actually sorry na KD was the one I jumped in then BMTC was after that and they can't end a KD I'll go back to that one first. this one started popping up on the hide a scanner. You can see how it started to squeeze and on this one I looked at it and I saw it pop up to a high of 160 and I thought you know that's kind of an issue because we're right at the 200 moving average which is at 162 this purple line on the five-minute sharp. so I was like this might be an issue but I waited for this to pull back.

We have the spike volume here I waited for it to pull back and as we broke over 160 I decided to jump in I jumped in and we popped from 160 up to 197 so 30 cents and on that one I was able to generate a pretty quick profit so you know nice pop there and then look what we got on this one. Pull back, consolidation down to the moving average and right here. First camel to make a new high entry being Rea pad 75 you got clean resolution 50 cents and 50 cents on a dollar 70 Stock is really an impress to move so really clean resolution there. but in total I was only able to make $2,500 on it so you know it was again a good trade.

Obviously a good trade but not you know, not the best ever and not as much as I maybe wanted. so na KD A couple really nice clean opportunities there. the first scalp into the skin, to the spike and then the first pullback for Simon Aquila make a new high So at this point we had Pol M still running Pol M was surging up and I was thinking okay I'm going to have to watch this one for the first pullback I obviously sold it way too soon and it's really strong and I did end up buying right here and while you cover this right now so on this one you can see this. the high of this five minute candle is 551 as that broke I jumped in 5000 shares and I rode that all the way up here I sold the top at 605 having no idea what go as high as 676 so on that one I booked a total profit of $2,200 and then I ended up losing 750 on this trade right here where you see that it dipped down.

So I got back in for the first five minute Campbell to make a new high but when I got in there I got faked out a little bit I wasn't expecting that it would drop down before it popped up. So you can see here this: this red candle is the one that faked me out. It popped up and then it dropped down and I was down 15 cents I literally sold at 6:35 the low of that candle. Kind of depressing and that was actually my final trade of the day.

So like many of my green days, I ended on a red note which is very irritating. I was up fifteen thousand five hundred in this small account and ended up giving back. So you know I even on a great day, I still end up ending with a loser which is annoying. but in any case, the best setup here was this five-minute pullback.

Super clean, super easy opportunity, and I want to take more size on it, but it just moved too fast. So I only had five thousand shares. but having having faith in these five minutes edits is important Knowing that this is where traders look for an opportunity to get into a strong stock. So this is plum now.

Meanwhile BMTC start popping up and this one I jumped into as well because when I looked at the daily chart just like Na KD I was like this has big potential we're breaking over the 200 moving average. It's a former runner, a history of making big moves I'm going to jump in it. So I jumped in this right at 250. As we started to spike up, we halt, it was halted.

Then it popped up to a high of 337 374 and then we got the pullback and looked what? Look what happened out of the first pullback right here. out of the first pullback, we got that clean break. First, five-minute Campbell's make a new high and the spike up up to a high of 433 and then look what happens again. second pullback.

another clean spike and that shows you that these are the lowest risk opportunities to get into a strong stock. Getting in: when a stock is first spiking when it's on the hide, a scanner and squeezing up, it's fine. It's risky and you know it, there's more risk there. The reason I do that is because of the fact that there have been so many times where I saw stock hitting the hide, a scanner and I wanted to get in it, but it ended up spiking straight up and then coming back down going.

just basically went parabolic and then back to 0, 0 to 60 and then 6 to 0. Like that and you don't get a clean 5-minute set up. and that's exactly what happened on our GSC on Monday Now because I was aggressive on our GSC and I jumped in based on the 1-minute chart. I was able to make $16,000 but if I had been waiting for you know, let's say the first the first pullback I wouldn't have had an opportunity because there was not a first pullback.

alright and on beyond TC in total I made. Let's see and pull this over here. Total profits on the name. three thousand, eight hundred and seventy seven dollars.

So really solid trade on that and and we have the biggest win of the day Apop and this is one that it hit the hide a scanner. So let's see hide this scanner. We have Na KD and then we'll have BMTC pop up here. We have P LM still on there B MTC's up there.

we jump in. we see it at 2:12 it's spiking up. It's up 32% so C volumes coming into it I pull up the level two traders are buying I Jump in. Remember these are the same scanners used by tens of thousands of traders all around the world.

This is the platform that powered the E-trade scanners. A lot of people sign up on their own to trade ideas. It's also used in Scottrade So this is a very widely used platform for finding stocks that are moving quickly. Alright, so BMTC then Pul M and then comes Apop.

Where's it to scroll up a little further? Apop? So we've got 387 now. When I jumped in Apop, someone in the room said hey, look apop, it's starting to move and I was jumped in I looked at at it I saw it on the hide a scanner. we have a high here of let's see Four Twenty four So where was this Apop at Three Eighty Seven and then I think we got another alert on this. where was a 404 and 417 and 410 when I saw that I looked at it I looked at the chart and I said this is a former runner a stock with a history of making a big move.

Just the other day, we had a big move on it. Now the problem on this day is that it squeezed up from $4 to $8 up over 100% but it retraced almost the whole move and I was concerned that might happen with Apop again. so I jumped in here. We squeezed up to 431 and I was able to get filled six thousand shares in this one candle.

This Campbell had 25,000 shares of volume so not a lot of traders were able to get into this trade. It was very quick, a short opportunity. well it reopens resumes, we squeeze up to a high of 524 and then all the way up to five 71 and this is kind of like that trade we had earlier this year on D SSN where it gapped up points and I don't know why stocks sometimes do this a lot of times. I was expecting this would open maybe around 412 and then I would buy it over for 30.

or if it opened above for 30, I would add over 450. It ended up opening really high I decided to add anyways at four let's see I added it sorry at 520. so I added kind of high at 5:20 and it spikes up to a high of 571 and I was like that's it I'm booking profits I sell and interestingly my entire shirt trader position gets taken out in the 70s and in the 50s I'm just looking my fills here. I filled.

Yeah, it's just really interesting where that filled up at 50 to 72 and 55. Meanwhile, I was also holding the position in my regular speed trader account and when I pressed the sell button, I got filled at 512 so you know this was a stock that was popping up and then very quickly turned around. Sometimes what we see is that when stocks are coming off of lows and squeezing up, there are sellers stacked up in there who has put out orders to get out breakeven because they're holding from one of these red days or one of these days where we sold off quite a bit. and although I don't know if that's what happened, the fact remains that this was not able to hold those levels.

So what was different about Apop from B NTC and a KD or PU LM All four of them were on the scanners, so all four had similar charts. PU LM is a little different, but they had fairly similar charts. then look at another one here. my OS another kind of similar chart where we got that break out a couple days ago and some of them end up really working well.

Where you have B NTC that's gone all the way back up to 450 now and then. Others end up just stating BMTC did have a headline this morning. although it wasn't a headline that I would consider to appear especially powerful. Nak: D this is another one also, even still running now.

I Mean it's it still has strength. But then on this day back here, we gapped up, we squeezed up, and then we rolled over completely. So this is the challenge as traders is: when's the stock going to go three hundred, four hundred percent? and when is it going to go up a hundred percent and then turn around hard? And the answer is that we don't always know. but we can predict stocks will be stronger when they have a strong catalyst like breaking news.

But when I first see a stock kick these scanners I don't know what it has and I jump in it anyways because I don't always have time to go search the news. the NTC I jumped into it and then I searched and saw the news. Same with Apop I jump into it I search I don't see news and I'm like this might be a problem. same with Ma KD but I jump in because I see it on the scanners and I know so many traders using these same scanners are clamoring for that entry.

They want to get their entry now. The strongest stocks will give us a clean pull back the way we saw in Na KD here, the way we saw on Pol Em right here and the way we saw on BMTC right in here. So if you're a beginner trader, if you're not able to get in on these one-minute setups and be really aggressive and be really quick, that's okay. The safest place to enter is on the 5-minute setup on the first pull back.

The only problem is that sometimes you have stocks like RG SC on Monday where they go parabolic and I'll show you this chart. Here we go from three you know from 350 to six dollars without pulling back and this right here was an opportunity to make sixteen thousand dollars. and if this has given me the first pullback first cable to make a new high, maybe I could have made twenty-two thousand or more on Monday But for whatever reason, this one went parabolic and then just came back down. So as traders, we have to be focused on the technicals.

Even though we check the fundamentals, you know, maybe we look to see if there's breaking news at the end of the day, we have to focus on technicals because sometimes stocks will be strong even though there's no news whatsoever. like the Ry S when it went from you know, four dollars to a hundred dollars on this day, orgy lbs and all these days where it was squeezing and it was just ridiculously strong, right? And there's a million stocks like this SAE X is another one, you know. Just had a couple days where we went totally parabolic from four dollars to sixty or seventy dollars. So we trade the chart, and if the chart shows strong daily, no nearby resistance if the stock is on the scanners.

If we're seeing volume coming to the name, then there's an opportunity. Some of them are short-lived others are sustained through the entire day and sometimes like PU LM for multiple days because PU LM was really strong yesterday. So today's a day where I really I stepped up to the plate. I saw four different setups that all had several things in common: similar flow, similar amounts of volume coming into the name on the same scanners, all with reasonable daily charts and I jumped in.

Some of them worked really well, others work not as well. But at the end of the day, I'm walking out with almost fifteen thousand dollars in profits. So I know there's traders out there who are regularly making 30,000 40,000 dollars on really good days. and I've never been that type of trader.

but in the last few weeks in the last month I started taking larger position sizes and then when the right setups come to me I'm they're ready to really capitalize on them. So you know, today with $14,800 my small account has taken a big leap forward, growing by seventy five percent in one day, and tomorrow open around thirty five thousand. right? around thirty five thousand dollars. Which is crazy.

It really is quite something. So that puts me thirty five percent of the way to my $100,000 challenge. And I'm definitely excited to get there as quickly as I can because once I'm there, I will have reached my next milestone and I can't wait to celebrate that. So at you know this rate, it may not take that long, but we'll see.

You know, there may be periods of slow trading where I have days or even weeks that I can barely even make $1000 I've had that before I definitely had that several times in 2016, so I expect it will happen in 2017. I Just don't know when, but as long as we have strengths, I'll be aggressive. And one of the things that you'll notice is that when trading is strong, traders get more aggressive. Collectively, we all get more aggressive because we recognize this kind of feeding frenzy that's happening.

All this profit potential. All these stocks are going parabolic, so it happens to one, then it happens to the next, and then the third one that starts to pop up. Traders are like, well, I missed the first one I missed the second one. Not today.

I'm not missing the third one. They jump in the third one with even bigger size. You multiply that mentality over thousands and thousands of traders around the world. And that's when you start to get these really profound hot streaks that just you get a lot of action.

So we'll get the hot streaks until we have a couple of stocks that just totally fake us all out. and we'll take some good-sized losses on them. And it's going to scare people a little bit. So fear and greed.

You know those are the two big emotions the traders talk about a lot. When there's opportunity, we get aggressive. You know, if you want to call it greed, it's learning to capitalize when the market is strong, and then when we start to see weakness, we get scared. and we get fearful.

We reduce our position sizes. We get out of the way. so do other traders and you see less volume on the breakout. So it's very cyclical the way this works.

And right now we're going to a pretty awesome hot streak for the month of January continuing into February and I'm hoping that it can. You know it can keep up. You know? at this point I've already built a fantastic cushion on the year with 70,000 plus dollars. So I have the cushion.

if it slows down tomorrow, that's fine. I hit my first target in the small accounts and I'll feel good about that so you know we'll just take it one day at a time. But to was a day that I was able to really maximize on the opportunities and so I feel good about that I Know they'll be traders out there that made more than me today. I'm not going to say I'm the best trader out there I'm not, but I have learned that when you find momentum and you jump on it, you can make some good money.

So that's what I did today and it worked out really well. Alright guys, so that's it for my midday market recap and I will see you all first thing tomorrow morning. Make sure you subscribe on YouTube and for those of you that are on Facebook check us out on Facebook I Go on! Facebook Live almost every day at lunchtime to do my midday market recap. Alright, thanks guys! I'll see you all soon.