What's up everyone? All right? Well today's a red day recap and today I hit kind of max emotion. Didn't trade well. Super angry, frustrated revenge trading Everything. Trader Rehab setback big time.

I'm down 4 500 bucks, up 3 000 in my main account, down 7 800 or whatever in my retirement, but had a couple of great entries. just got scared, sold breakeven and got back in too high. Stopped out for losses and that's what triggers that anger, frustration, and revenge trading. Not a good day, but hopefully hopefully you hit the thumbs up for the recap and I hope it's helpful to you so that's it for me.

Enjoy the recap and I'll see you first thing tomorrow morning. What's up everyone? All right? So well. today was an ugly day for me. Boy, uh, it started bad and it got a little worse, but then it finished.

Um, not too badly. So this this last move right here on on hood. I actually stopped out of it break even right here and then watched it go to 70 and then watched it drop to 68. a two point flush.

I was annoyed initially. uh to watch it go to 70 without me and then in 10 seconds to drop two points was a reminder of why I got outbreak. Even so, let's go back to the beginning of the day. The day started with a 9 000 loss with 6 000 shares on Bys I.

This was a pre-market trade. I got in off of what I thought was maybe a dip trade off of ascending support right here. So I, bought right there off the yellow line. I didn't want to get in at 44.

I thought that was too high so I got in a little early and it just flushed on me down 9000. In my first trade, I got back in Um, and now I don't even remember where that was, but I got back in. Um, I think it was actually right here. I think it was right here.

I got back in. I thought, okay, here we go. there's a drop, it's coming back up. And then I stopped out a second time and so you know, even with relatively small size, I got smoked on B-y-s-i I was down uh, 21 000 on it.

I recouped a little bit of the loss, but then gave back what I recouped. and this is just my my main account. I'm down 7 800 in my retirement, so I'm up 3 400 but down 7 800 which puts me down about 4 500 on the day and I'm reading everything in my main account including the Nasdaq test stock. That's okay, I guess, but I'm red on everything else.

Not that any of these are. None of these are big losses, which is good, but disappointing. So the next trade after Bysi was agfy, It started squeezing up and some people were mentioning it and I thought, all right, I'll give this thing a try. I got in for the break of 23, it was extended, but I was kind of in a little bit of fomo hail Mary mode.

I was like maybe this will be the one So I jumped in. It hits a high of 23.63 and then flushes. So on that one I lost 1400 and um, 34 3100. So I lost like 4 500 between those two trades.

I don't have as much buying power in my retirement account so I hit my max buying power on it and then switched and added in my main account. And then I lost on both sides so that was agfy. At that point I was down about 26, 27, 000 and then I took a trade on Hood Robin Hood. It was a resumption from the first halt.

It halted up right here. I bought 4 500 shares right here and sold it for a twenty seven thousand dollar profit. I then added back and was up to thirty thousand. and then um, right in here.

Stopped out and lost. uh, eight thousand off the top. So for a moment I was actually up two thousand dollars on the day. A miraculous recovery from red to green.

but only for a moment. Because on this trade right here I lost, it was six or eight thousand dollars and I went to down about five or six thousand on the day. At that point I had a trade on Mosy which was a loser and I had a trade on Acy which was a loser another trade on hood which was a loser and then I made back a little bit on hood in this account and that was as it curled up. uh right in this area for the break of ewap and this is like classic like late day trading choppiness.

So I made some money here. I actually got myself to down only 200 on the day and then on this drop right here. back to down 5 000 on the day you know. Then I got back in, I recovered it, but then we had another chop out candle and I lost it again and then right here.

I recovered it, some of it and then stopped out break even on the next trade. I mean it was just it was just a hard day. You know what's the big deal? Down 4 500 between the two accounts? well probably another, you know, whatever with commissions I think. for me the desperation kicked in when I went from Red on the day to Green.

This that was such a good feeling to go from Red on the day all the way into the green. I felt so good I was like finally wow. Unexpected but finally some really nice follow-through and then as quick as I had that great feeling it was gone and I was back to Red on the day. and I tried so hard to get back to Green and that was where the desperation was kicking And trading.

Later into the day, later and later into the day trying anything that was moving well, really, just by um, Si and and Hood. But you know, so like on this trade right here as it spiked up, I jumped in into the spike. I didn't expect it to do that, but it did and so I jumped in. But you know what, it didn't hold that level at all and so I'm glad I got out of that basically break even because that candle right there.

I mean I could have gone right back to down. Well it's a two-point drop, but so I could have lost 12 000 on that type of trade. And just like that, I've been back to Down, you know, 17 000 on the day, so you know at the end of the day I had a couple great trades on Robin Hood, a couple terrible trades on Bysi and the rest is sort of just chop in between and unfortunately I just couldn't get green. 4 500 is such a small red day for me it shouldn't matter, but it I think for me the issue was that when I was down 28, 000 all of a sudden I was looking back at the bottom of the hole.

You know I had two green days Monday and Tuesday. I made 5000 each day and so I was beginning to recover the hundred and twenty five thousand I lost last week and then to lose twenty eight thousand, I was all the way back to the bottom. You know, Twenty six thousand. I'm 126, 000 minus 28.

Well, okay, plus 10.. I mean, it was like, and I was. That's where I was feeling so angry and disappointed. And this is where the emotions in this trait of rehab are so difficult.

because as soon as you hit a setback, you're feeling like you're back at Rock Bottom and you start to feel that desperation and all things considered. I mean it. It's It seems funny to think that those types of emotions could be triggered for someone who you know. On the month of, um, on the month of July finished up over two hundred thousand dollars.

All right. So yeah, I'm down from 388 high, but why get all bent out of shape when you're sitting right here? I mean, this is still very green and that's that's the. that's the biggest challenge with trading. It doesn't make sense why you might get so frustrated, why the Fomo could kick in so hard when it does.

But but it happens. And then next thing you know, you know something like this right here. you know. could easily see myself going right back into that at 69.50 for the trade, over 70.

and an emotional revenge kind of trade. Oh, if I could make five thousand on it, well, how many shares do I need to make to get five thousand dollars of profit on fifty cent? Move Ten thousand shares. So imagine that. Ten thousand shares at Sixty Nine fifty? That's you know.

600, 700, 000 position. And okay, if it breaks 70, you look like the hero. You feel like a hero. But what about right now when it's uh, and I'll just show the level two? What about right now when you're in at 50 and there seems like a stack of sellers and you realize, wow, we've already had a couple of big green candles? Okay, they're 60.

They're 70. Okay, I'm up 12 cents on the bid. Maybe it's starting to work. You want to see the break of 75, but you're seeing these this red.

It's hesitating. They're 75. Okay, there's someone watching over me. Maybe I'm gonna finally get out of this hole today.

There's 89 on the ask, but then 69 on the bid and red transactions. You know this because I'm not in. It is probably going to go to like, you know, 72 dollars. But you know the fact is the risk on it of another candle like this right here that all of a sudden you see a market order sell.

You know, 940 000 shares. You know a big a big sell and you know right there you just had a low of 69.55 As it broke through that level, it hit 70 83. You're back at 70 on the bit. How fast can you trade So I don't know.

You know there's the Fomo kicking in as it goes to 71.50 and I would be up 20 000 if I had taken that trade I just mentioned. But you know the flip side of it is that if it had gone the wrong way, I could have lost 15 000 maybe or more. And being down 4 500 ism is a easy to recover type of red day, so it's better just to take it. Move on and come back tomorrow.

What's the point in fighting out trade after trade, after trade, Later and later in the day as something's getting more and more extended, you know the real Fomo would be entering right there. 71.50 for the break through the high and it's just not worth it. So sometimes the best thing you can do when you're just struggling to be dialed in. Whether it's you or the market, maybe it's a little both.

Best thing to do is just shut it all down and live to trade another day, not do something that's gonna blow up your account and dig such a big hole it'll be almost impossible to recover from. You know, it's still the first week of August, so let's take it slow. All right, that's it for me. A difficult day, but read only about 4 500 bucks.

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. So please, please please hit that subscribe.