What's that been wrong? Alright here we are a green day and I needed it up three thousand dollars so you know yesterday was a chop day basically flat today. three thousand dollars Monday 2300 So when I'm having good days there in the to three thousand dollar range which is great two thousand dollars my daily goal: Negative 2000s my daily max lost so I'm happy with another green day. but as I look at the month of August we've only got two days left and it's been a choppy month. So I'm gonna try salvage as much as I can out of the month and you know try to finish green which will be great and then get into September after Labor Day feeling good.

Alright so that's my game plan I will review all the traits from today in the midday market. recap any questions, any comments, leave them below I'll come back through an answer later today. All right. Enjoy! Alright everyone so we're gonna go over our midday market recap here for today: little past 10:30 finishing the morning up three thousand, fourteen dollars and one penny which is not bad today.

I would say a little bit of a choppy market we had. You can see I had six stocks I traded and I'm green on only two out of the six so that's certainly not the same level of accuracy I had on Monday but $3,000 is more than I started the day with so it's another day of progress one big Witter on IPAs a decent winter on Arci small loss on Fossil Brn SGL be and my Nd you know three kind of decent little loss is on those ones so you know we'll break them down. Not the easiest day in the world, but Green is good. So today started like any others by going over the Gap scanner.

so I'll run this as a historical scan for nine. let's say 20 this morning so you can see exactly what I was looking at I saw OPN t but it's too expensive Gkos too expensive IG see prices okay, floats a little high volumes a little high I took a peek at the chart and on this one I really wasn't that interested just because I felt like I was kind of I don't know it had already made a move over a couple days. it just sort of felt like it was overdone. So I just I left it alone so the volume is kind of too much.

floats a little too high floats too high on these to a FMD this one and know Jill was watching I Thought the float was a little high into five-cent tech stock, but it did end up squeezing from seven from 680 on this pre-market flag up to 720. so it was nice out of the gates. but for me I didn't go for it SP HS this one floats 28 million shares a little on the higher side. We were watching that for break of pre market highs and you can see it kind of like broke on the first 1 minute 5 minute candle.

it drops down and then it opens up. So it did kind of like a false breakout and then it goes I didn't end up trading that one really I didn't see anything on the scanner that I liked. So I started the day with basically nothing that I was watching closely except for this scanner right here. The bell rings and all of a sudden a RCI's on the scan I wasn't watching a pre market.

it was a gapper but wasn't something I was really looking at. It opens at 90 cents and squeezes up to a dollar now as I saw hit the scam into dollar I was like I don't know it's it's cheap I'm not that interested but I'll take a peek. so I see it $1 $3 for then all of a sudden it pops up to a dollar 25 and at that point I was like all right, this thing is clearly worth watching so let me move this kind of up here. All right.

So this one I jump in at a dollar 19, a dollar 23 and dollar 24 pretty much as it starts surging up I'm like okay, this thing is strong and I was thinking it's gonna probably get halted. That's what I was thinking. So I take 9 thousand shares and then I add another 3,000 at 32 and another 3035. So now I've got 15,000 shares.

That's a big position in terms of share size, but for a socketed dollar 25, it's not really that much money in the trade. And it's not like I'm risking 30 cents on it the way I would if I took 15,000 shares of a $7 stock. I'm really probably only risking like 10 cents. So I wasn't super worried.

So I've got 15,000 shares and it pops up 247 but it doesn't hold those levels and it comes back down. I ended up selling it 37 37 I add at 40 for thinking it's going to get it, pulls back and it's gonna surge back up. it doesn't I try to sell it 49 I end up stopping out and taking a loss on those shares as it comes back down. So I was up about thirteen or fourteen hundred dollars on it and gave back like three hundred on that ad.

But you know I thought I had potential to get halted and then open higher and really be a big parabolic stock. The daily chart was strong above all these levels but just didn't get it. So anyways, a thousand bucks is good. Next trade was SGL beat.

This was also off the scanner. so I saw this at the scanner and I thought okay, this is almost at the same price right here. Maybe it'll do something similar because that's something that we noticed a lot. This kind of sympathy.

Momentum: one stock is strong and another one at that same price starts to take off. So I was like alright I'm gonna jump in this. so I jump in it at a dollar fourteen right here and I take nine thousand shares of dollar $14 Fifteen, it hits a dollar fifteen I basically buy it at high a day and then I sell it in one order at a dollar for so I lost eight hundred and basically nine hundred bucks on that ten cents on nine thousand shares. So just like that, it went from being up a thousand to up only 140 bucks on the day.

Alright, and then my nd this was called out in the room I usually am kind of careful about taking those trades so I really preferred them to hit my scanners but I looked at the daily chart and actually liked it. so I was like alright I'll jump in this anticipating the break of dollar ninety-six or anticipating a break at $2 So on this one I get in at 84 and 84. but I was oh I was using the reason that shows up that ways because I was using the super smart route on this. so I got in, got all these partial fills, whatever.

so the Commission's on that one are gonna be kind of yeah. Commission's are crazy on that one, but whatever it's that's fine. So we talked about that type of routing in the class. so I get lots of partial fills.

Lots of partial fills, and it I add at 94. you know on this one I'm thinking it's gonna break two dollars. That doesn't happen and then I end up trying to piece out and stopping out the balance at 81 and 74. So on that when I lost nine hundred and seventy seven dollars.

So now I'm down eight hundred on the day and I'm like alright, well you know this isn't ideal I take a trade on Brn that was on the scanner as well I didn't jump in it when it first hit the scanner I wait for it to hit the second time. it hits there to 208 at that so it pops up to a high of 209. It pulls back I get in for the second attempt in at 210, it pops up to 216 and I stop out as it comes back down. So I'm Matt when I lost 400 bucks.

Alright, now while I was still holding that IPAs hits the scan and I see it and I'm like okay, it hits once, twice, three times, four times I'm like alright, wow, this stock is really taking off what's going on. So I put the chart I look at the daily and I see this right here. This tells me it was a recent reverse split, right? So I'm like, okay, recent reverse split ten to one. We know those are stocks that now the float is one tenth of what it used to be and that means the supply level is much lower and with demand, it can go parabolic.

I Checked the news major: US bank signs deal with I pass and I'm like we got the reverse split. We've got the catalyst. The news headline: I'm jumping in this so you could see here how it popped up 234, pulled back and then surged up I started adding on this at 35 40, 47, 64 I only got partial fills I'm putting on my order to buy and it's moving so fast my orders not even getting filled. so I try to buy it 47, 64 and 75 I then tried to add going into a halt and I don't get filled so I sail brn and then I'm focusing on IPAs So on this one it gets halted at 75 and it resumes.

Let's see, it resumes at 94 and then it kind of sells off right away. which made me a little nervous with this chart. I Really wanted to see it open high and continue through three I was sort of hoping it would open above three because it has this window from 319 to 360 and I was worried about 319 being resistance so it opens it tuned at 294 which is a little low. so on this one on resumption I let's see what do I do.

So I sell half my position at 87 and another quarter d6 because I'm like it looks like it might be going down and if it halts going down, it's gonna be bad. So I lock up that four half for a little bit of profit and then I add back in 96 as it surges back up over the whole dollar and I sell the ad there at 36 from 96 sorry at 3:01 3:02 a little bit at 309 and I stop out the rest at 277. So in total of $4,300 this is a good trade. It got me out of the hole, which is great, but it wasn't really.

It didn't really do as much as I thought it would despite having the reverse split and a catalyst. You know it just in that catalyst. That headline came out at 948, which is what all of a sudden caused the volume of spike up there. you know? So whatever.

I'm kind of surprised it didn't do more I thought first 319 resistance and then the gap fill would be up to 360 right there from there, 396 and then 452 in a strong market I think this probably would have opened above 3 and squeezed up to 350, maybe even gotten halted again, but you know in the market that we've been in, it just didn't happen. So anyways, they got me out of the hole which is good and got me into the green which is, you know, and above my daily goal. So that's all good fo SLI Took a little reversal trade on this one. First 5-minute candle to make a new high was right here.

It pops up like 15 cents and then keeps going lower so only lost 30 bucks on that. Not a big deal, it was worth a stab when you have two, four, six eight nine consecutive red candles. First candle to making new high targets. the nine moving average.

it didn't quite - it rht I see on the reversal scans here as well. you know that's that's an interesting setup kind of look at daily levels but this one again two four six eight nine green candles in a row with high volume stop would be 150 probably 149 70. but that's a higher price stock so I probably leave it alone for me. Alright so anyways, that's about it for for me today.

Green Day 3000 bucks, you know could be happy with that. So yesterday was a break-even day. day before was 2300. Today's three thousand, three thousand fourteen dollars and one cent.

One hundred and sixtieth day of the year. Two more days left for the month of August and I'm hoping I can have two more green days and try to finish up. You know, close to ten thousand dollars on the month. It's been a you know, slow month for me, but that's alright.

Some months are like that. I'm gonna sell which what I can and try to finish the week strong. Alright, so that's the game plan. As students, we've got class in an hour.

So class today. Trader Psychology. That's noontime for Warrior Pro students. Alright, so I'll see you guys in an hour and everyone else will see you first thing tomorrow morning.

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