What's up everyone? All right. Well it's Friday. it's August, so it's a summer Friday. taking it slow.

Got some profit today. Nothing big, nothing crazy. Had a red trade, made back the loss from that got back to green on the day, got up uh to about 5 000 on the day, 4 000 on the day, then gave back like 1700. so finish the day up three grand.

Not bad, nothing to be crazy excited about. But you know what I guess is exciting is that? Uh, I'm up over 80 000 on the week. Of course today was a small green day. At least it wasn't a red day, but it's been a great week.

Last week was a great week. I'm up over 100 000 on the month, so I've hit my monthly goal. and now on a day like today, you know I feel like I can kind of take it easy if I don't see anything. It looks phenomenal.

I'm just kind of stepping back and saying ah, I'll leave to trade another day. I'll be back at it on Monday, So that's the game plan. It's Friday, it's August, I'm getting outside, I'm going to enjoy summer and I'll see you guys on Monday morning. Back at it, Hopefully we see some good momentum.

This last week was great. The week before was pretty solid, so seems like the market has definitely shifted off the lows from uh, I don't know, maybe like three weeks ago when things were really slow. So that's good. We're getting closer to September, You know, as we get into September October, then we usually start to pick up going into the fourth quarter end of the year.

So I hope that the the lull of that kind of low of the ebb or flow or whatever you call it of the dip in the market of momentum has be behind us now. and we're just going to have smooth sailing here through the rest of August, then September, October, November, December. That's my hope. Maybe it's optimistic, but uh.

anyways, I'll trade the mark that we're in and I'll be back at it on Monday. Hit that thumbs up as a reminder In case you already know, trading is risky. Most beer traders lose money and my results are not typical, so take it slow. All right.

enjoy the weekend. All right everyone. So um, I'm gonna do my recap for my main account. I traded in my main account in my retirement account today.

Uh, in this account, I was at 4 000 on Cat B and then lost 1700 on Vrpx. Cat B gave some nice trades on this red to green move that we got right here from seven up to 860 and I trade it in both my main and my retirement account. However, in my uh account right here, I lost five thousand on Gov X and this was uh, because at the open I had put an order at uh I can't remember. I think it was uh 60 or something like that.

I was looking for the break through 7, 44 at the Open and a squeeze up. and I was hoping to see a squeeze up just through 750 and a half dollar 55.60 And so I put an order, uh, up there. I was looking for a profit target and I put in Twelve thousand, Five hundred shares. So I'd entered twelve thousand Five hundred shares in my uh, order entry window.

Kind of like this. Uh, But then I didn't end up um, placing the order at the Open. I placed the Or. I clicked this twice to buy a dip.

Normally this is entered for 3 000 shares. So I inadvertently bought 25 000 shares at the Open, lost 20 cents on it, and lost 5 000 bucks. Just like that, it was a mistake to take that many Uh shares. I meant for six thousand, three thousand times two, and I got twelve thousand, Five hundred times Two, Twenty Five thousand shares.

So that was a rough way to start the day. Uh, I did recoup those losses on Cat B, But basically this account is flat and this account is up. uh, 2200. So I'm up about 3000 my main account today.

Not a particularly impressive day. Vr Px. I jumped in this in 1950 as it started squeezing up right here. and then I added a 1987 for the break of 20.

it hit a high of 20 and then dropped all the way back to 1879.. Cut the loss on that only 1700 loss which isn't too bad, but so uh, Vrpx was tricky. Cat B I wasn't able to take big share size on the volume was a little bit lighter so I had a couple trades on it. It got green on it but nothing was like a huge home run.

so kind of a slow finish to the week. It's been a great week and if you look at my metrics here for the month, so this um is going to be this is as of August. Uh, first right here. So I'm up now: 119 000 in gross profit, but net profit? I'm up 104.

So I did break through my monthly goal yesterday, which is great 100 000. Although um, I am still down a little bit versus my draw down that I had in beginning at the end of July, I'm almost recovered flat from it, but not quite so. Uh, we can see that on one loss expectation here. So in net profit I'm right there.

But if we went back to July, you would see that I'm still not quite so. it's the commissions over the last um, well, almost month of trading that have made it, so I still have a little bit more room to clear. Now in net profit, I am earning gross profit. I'm basically right there today, But those commissions, they really add up.

So this is a full month. Uh, two weeks of drawdown, and then two weeks of rallying back. So right now, uh, my account looks like a double top. So maybe today is the beginning of a little.

um, well, it's a green day, so it's not even the beginning of a handle formation is a pullback, so it'd be a red day. So today's not even a red day. But I'm coming even closer to double topping, hitting against a little bit of that resistance at the 388 double top. So maybe a little pullback Monday and Tuesday and then handle formation for a big breakout Wednesday, Thursday, Friday of next week as we break through new highs.

That's what I'm hoping for. Well, actually, I'm hoping not even to have a pullback. But um, we'll see it's been. I've had a nice little stretch here, and today was certainly a smaller green day after 33 000 on Wednesday and 33 000 again on Thursday.

Uh, actually, I think I must have missed importing a trade because I thought I was up 34 yesterday. Well, I don't know. Anyways, I can check that later. So yeah, I saw at least finishing the week here in the green.

But it is the smallest green day since the hot streak began about, um, just about two weeks ago. So start a little slow peaking here and then pulling back. You know. Today and this week I have been focusing quite a bit more on the small account, but we ended up having some great momentum on Wednesday and Thursday.

today. We didn't have much that looked good, you know? yeah. Happy. I guess I was up nine thousand on that.

But then Gov X was so choppy and the Rpx was choppy as well. so it just we just didn't have a lot of momentum. We refer back to the Gap scanner. Today Cappy was our leading Gapper with the reverse split.

Grnq was second leader. I was read on that in the small account. Gov X was the third red on that Reno's small account. but reading the big account, the share size issue, mrin, Pali, nothing there, so no, maybe just a little bit of a a slow finish to the week.

it is August after all. Friday in August is a great time to be taking the day off and enjoying the weather outside. which those of us in New England should because sounds like we're gonna get a tropical storm or hurricane coming through next on Sunday. so I may or may not be here Monday.

I come to think of it, depending on how that storm, um, you know, hits this area where I'm on vacation. so we'll see um, I. I don't know. well we'll just we'll play it by ear.

depends on where the storm goes and what it does. So I might not be here on Monday, but I think I will. I'll I'll try to. Well, but there's something I can really do about it so I'm not gonna.

I mean, I'll just do do the best I can. So anyways, but it is a beautiful day outside today. uh, some wispy clouds so we'll we'll see. maybe, uh, maybe it won't be too bad of a storm and trading will be no problem on Monday.

In any case, I did what I needed to do last week and this week I got green in a small account. You know, I was obviously red in it, but I got green. and uh, have gotten myself almost back to my all-time highs in terms of total profit. which if we started January 2017.

Um, so January 2017 is when I began the Small My Og Small Account challenge. Um, with 583.15 So all of the profit here is from an initial balance of 583.15 Now I'll add, my results are not typical because when I, of course I'm an experienced trader doing this for a long time, and when I began that small count challenge, I wasn't a beginner trader. I began that small count challenge as someone who already had profitability under my ballot. In fact, you could look at 2016 and you see that I was profitable in 2016 before starting a challenge.

So, but in any case, began the challenge in 2017. And so all the profit since then has been from that small Count challenge. And so I'm now back to within 20 000 of all-time highs. In terms of this number right here: Gross profit of 9.19 million.

So naturally I have a mental kind of target on crossing 10 million in gross profit and then 10 million in net profit following that. So first would be gross and then we'll be net. Over the course of this these well, 17, 18, 19, 20, 21 5 years, accuracy has been solid. 69 over 15 000 trades.

Profit loss ratio is not great. I have a couple big losers. One here is a 240 000 loss in one trade. Can you imagine that's more than many people make in several years of working? That's more than many people pay for a house and I lost that.

and it was. Let's see how long that trade was. That was a seven minute long trade. in seven minutes.

I lost 240 000. Well, but that's life. That's trading Easy come easy go. It is risky.

Uh, but what's interesting, of course is that it excuse my profit loss ratio. A couple big losses like that If we look even just here through 2021. My profit loss ratio is also negative just since June or July. However, if we look at this nice little window of the last two weeks when I'm a hot streak, that profit loss ratio is phenomenal.

That is great. That's a two to one profit loss ratio. Winners are twice the losers. Just about Accuracy is 72 percent.

Losers are short. I'm cutting them quick and today wouldn't be much of an exception to that. Well, the loss was a little bigger on Gov X, but it was still a quick trade. I got in and got out.

So the question is, is there a way that I can somehow maintain these types of metrics even during a cold stretch? I mean, if I did, I guess it wouldn't be much of a cold stretch. But maybe the cold stretch would be a decline in accuracy. But that the profit loss ratio remains good? I don't know. You know I could look at the the two weeks.

Uh, going back here from the end of July through the end of the first week of August where I lost 114 and the losing streak started sooner. I don't remember where it when it began. All right? Well, let's just say there for now. Oh no, it's because it went through there.

No, it didn't Uh, whatever. it's fine. So in any case, look at that profit loss ratio. That's a negative.

Four to one four thousand dollar loser is one thousand dollar winner. Sixty percent accuracy. That's just horrible. I mean, that just is not good at all.

Net profit a little bit lower because of the confusing commissions. So that's uh. that's something that I have to figure out at some point. how to get through red markets or choppy markets without losing so much money and without having such? You know it's like every trade I took, the winners were tiny.

So I get in something the winner would be tiny. I get something that's a loser and just huge loss back to back so that that's a challenge for me for sure. It's an area where I could use some improvement, but yeah, I don't know. that's it for me.

I'm going to shut it down here. Not much of a green day. Three thousand bucks. But uh, I guess if we look back on the week it's been, let's see Thirty Three, Thirty Three.

That's sixty Six thousand. So that's seventy four thousand. That's eighty 000. So about 83 000 on the week.

That is a hot week. That is a hot week of trading. That's that's really solid. So yeah, it's a little bit of a slow finish here today, but it was a bit of a slower finish on Friday as well.

So last Friday so we'll see what Monday and Tuesday have in store for us and we'll see if um, we keep seeing some hot momentum. We definitely got some. um, nice action this week across the board: Pc Pcmb. Unfortunately with the Um P C B wave, um Pc Pmcb Pmcb a little disappointing.

Big Big Move did really well on it Next day secondary offering down 60 Vrpx. We did really well on this earlier in the week. Uh, today. not so well.

but the loss is small. Topped out at 36 is pulled back a little bit acy this one someone was mentioning crawling up a little bit so we are definitely seeing some seeing some momentum. Hopefully we see a little bit more of it next week. And then next thing you know, we're going into September back to school and uh, yes, we will be uh, teaching classes this fall so students you guys can get excited for that.

We'll be announcing the schedule not in the coming weeks. Those on Youtube and Facebook will let you guys know what the schedule is going to be as well. So if you'd like to join us for the back to school session with live classes, you're welcome to I think if you join as a warrior student. okay, I'm gonna leave it at that.

Uh, finish up today in the green and live to trade another day. That's it for me. I'll see you guys tomorrow Monday! I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help.

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