Oh hey, didn't see you there Why? I was just lighting the candle of celebration. Made over eight thousand dollars today. Daddy's back. It was a day of redemption.

I'm going to talk all about it in today's midday market recap. All right guys, time for a midday market recap. We'll go over the trades from today. Overall, it's been a choppy day now.

despite it being a choppy day, I've still done really well finishing the morning with eight thousand, ninety seven dollars and 27 cents. My Commission's are 86 dollars and my Ecn fees are three hundred and ninety-four dollars. So up eight thousand, five hundred, ninety four before commissions and ecn fees up just under 80 100 after. So today is a good, you know good day that I'm kind of getting back on the horse after two consecutive read days where I hit my max loss I made ten thousand on Wednesday and then I lost four thousand on Thursday and five thousand on Friday put me down about nine thousand in those two days and today is a nice step for work making back about.

you know, ninety percent of that. So I was up over nine thousand on the day I thought I had a chance of getting a 10 thousand dollar day, but I gave back some profit on some of the last trades. and actually today's been interesting because I've taken eight trades and I've had four winners and four losers. The winners are about fourteen thousand dollars in gains and the losers are about six thousand dollars in losses.

So that's you know, puts me at eight thousand on the day. I Didn't see the resolution that I was really looking for on really any of the trades that I took. It's not to say that I wasn't able to capture profit. There were opportunities, but they didn't work out as well as I'd wanted.

I You know, have feeling kind of like today's gains are in the shadow of the losses on Thursday and Friday. So I don't feel incredibly excited about today's gains or even super-good about them. I mean I'm happy with this step forward, but I'm still lagging behind where I was on Wednesday before I had those two red days, I was at about 55,000 in my 100k challenge small account that I started 583 dollars on January 1st and as of this morning I had 45 thousand. so you know I dropped down quite a bit and today is a nice step forward.

We'll open around 53,000 on Tuesday morning and then hopefully this week get up close to 60,000 as I make my way up towards 100k now. I gave myself a little note which I'll show you guys first. For those of you watching on Facebook live those are my gains today. Eight thousand, ninety seven dollars, twenty seven cents for those of you watching on.

YouTube You can see those gains here and I made a note for myself which is that you're in the mid field of the challenge, set your pace and go easy. Now when I get to the point where I'm coming up around, you know, whatever it may be eighty percent of the way there when I'm coming up to eighty thousand in my in the small account I think that's the point where I'll start to feel like okay, let you know I'm doing so well I can go ahead and take some extra risk and really try to surge across the line. and for those of you this is the note that I wrote myself that I put on my monitor. you know right where my account would be.

So I knew on Friday when I wrote it that I would have to move it on Monday morning before I start trading and I'm going to put it back up there now as a reminder not to trade this afternoon. But in any case, when I get closer to you know 60 70 80 percent of the way there, 90 percent of the way there I won't feel as bad about being a little more aggressive and trying to get myself. You know, up over that you know that milestone 100k mark. but at this point I'm you know I started this morning 45 percent of the way there, you know I'm in the midfield I'm in the middle of this challenge and this is the time where I need to kind of keep my head down, grind, set my pace, stay focused.

lock up those winners when I can get them thousand here. Two thousand there, but not get overly aggressive. Now having said that this morning, my first trade of the day was on KBS s and I locked up. Fifteen hundred bucks on.

it wasn't exactly the trade that I thought it would be though and I'll show you I'll break this down. So what I'll do here? I'll back out of this chart. Where's my Gap scanner now? I've lost track of it. Let's see, we find my Gap scanner and I will show you what I was looking at this morning before the bell rang.

here. It is okay, so there's a Gap scanner so let's go and change this timeframe. Historical date will change it to 9:15 A.m. A.m..

There we go. It's like a little lag. All right, So this is going to populate. This is exactly what I was looking at this morning at 9:15 This was my watchlist.

You know these are the stocks that I was watching and the ones that I was thinking okay I got to go through this list basically I look at the top 10 biggest gaffers each day and I go through those when I decide Okay, which of these have catalyst which of these has a reason to make a move. you know if a stock is opening higher than it closed on Friday there's probably a reason, whether it's news or technical breakout. Now our leading gapper with Z ZM Z Sa N and on this one I Said you know what guys, it's got almost two million shares of volume I Think it's going to be fairly crowded once the bell rings, but the spot I would watch would be for the first 5-minute candle to make a new high because we already have a little bit of a pre market pullback and you can see that pullback right here. the first pull back, the second pullback.

So I thought it would look good over 220 market opens. It ends up surging up to 269 when it came right back down. Now I didn't take this trade and a lot of people you know will look at this and say well, you know this only got in because you got in and traders want to trade with you. Now that's not true I Mean this is a setup that is.

You know, whistle traders look at the same opportunity. these stocks go up because they're already gapping up. Thousands and thousands of traders all around the world are watching these gapper these top 10 gaffers. That's why we focus in on that strategy.

So in the first 5 minutes, this surged up with 3 million shares of volume 3.7 million shares of volume made it a really nice move. but I passed on it I was looking for something that I thought had maybe more potential and that was KBS F Now KBS F is the stock I lost 5 grand on on Friday and I was really disappointed because on that trade I was up about it was like $8,000 and I ended up totally giving that all back and then stopping out and taking a loss. Very disappointing this morning when I saw it gapping up I thought okay well this might be one of those stocks like D ry s I mean it went from you know $4 all the way up to $13 between the gap and then the move yesterday or Friday so now it's gapping up again pre market it had a pre market high over $16 This is the type of stock that could have gone to 18 to 22, 22, 24, 26, 28, 30 and then into the 40s. I mean we've seen it happen before and this is the right type of setup.

Unfortunately, that's not what ended up happening. The bell rang and as soon as it rang I was watching this for a possible entry just waiting for the spreads to tighten up. I got in 2000 shares at $16 it pops up to a high of 18 I'm up for grand over 4 grand. Did I sell? no I didn't I held it and in the next candle we dropped down to a low of 1521 I went from being up $4,000 to down 1,800 and then it pops back up here to a high of 1789 I sold it made 1,500 bucks, it drops back down and I was like wow that was I was sloppy I'm glad that I'm out of it, just it wasn't clean and it had the potential.

Everything looked right, it just didn't work I did take one more trade on it and that trade was getting in here for the break of 17. This break of 17 was the first five-minute candle to make a new high. It's good quality setup, the right setup. I got in and instantly it dropped and I lost 1,200 bucks.

So I went from being up 1500 on the Nate well unrealized 4000 to down 1,800 Closed it up 1500 and then I gave back 1200. I'm up only $300 on the name so not exactly what I was looking for there I was a little annoyed that I gave that back because that's that's a really frustrating thing to do, especially right after the market opens. You get into a trade, you know you're up four grand and you're thinking this looks like this is going to be it. This is a great setup, it's working I held it because I was thinking look what if this thing goes to 18 and then breaks in the 1920s short squeeze this could be an 8 $10,000 winner.

I'm going to hold it and then of course in one candle it drops two and a half points so it can. You know this is the type of stock that could have done either and it just you know ended up dropping which is disappointing so locked up a small win. Got in for the second for the first pullback. second opportunity stopped out and gave back basically all my profit.

So in the first you know five minutes I went from being daily goal to just basically up 250 bucks on the day after commissions and that's kind of when I was like alright well this looks like it might be a little bit of a choppy day. Let's kind of switch gears, look for the next opportunity and the next one with my OS Now my OS has been on my watch list for several days waiting for the first daily candle to make a new high. Now the reason I like this so much is because my OS has a history of making these big moves. This big move here a couple Fridays ago this one here a couple Fridays ago and I was watching on Friday for potentially the break over 4:30 It didn't happen.

we opened blower but then this morning we opened and started to get a little volume as we came up towards $4 Yesterday's high was 403 and so that was the spot I was watching. you could see here. first daily candle to make a new high we pop up to a high of 460 up $0.60 from the entry there at four dollars it ended up being four thousand, four hundred, twenty six dollars. I mean it was a good trade, it just didn't work out as well as I wanted it to on the 5-minute chart once again.

I got back in for the first five minute candles to make a new high right here and I got stopped out and that's where I gave back. So first trade was up up six thousand. Second trade gave back two thousand right here. gave back about twenty four hundred dollars on that.

It looked good, the right type of setup. It just didn't work I don't know why just for whatever reason didn't work. So next one after and what. but but after that trade I was up about you know, forty five hundred on the day.

So I was like alright, that's pretty good. Not a bad day you know. But of course I was up sixty five hundred and then gave back twenty five hundred of it. So you know being up for forty five or whatever it was kind of didn't feel like the biggest wind since I just gave back a third of the profit.

Next trade ji lbs. Now we saw sign though. s I am running up this morning. strong momentum.

It moved from 340 all the way up to 367 and as it was moving I kept saying look guys I need a five-minute pullback I need a safe opportunity to get in the stock I can't just buy it as it's squeezing up on the one-minute I Told myself I would really try to cut back on that this week and focus more on five-minute setups I gotta wait So I said all right I'm going to wait. While I was waiting, someone brought to my attention G lbs in a chatroom. they said hey, look at this one starting to consolidate it popped up with Sino Pullback let's watch it over 750 and I looked at it and said that's great That looks like a good setup because it's sympathy they're in the same sector G lbs DCI x Ec tops ship sino d ry S7 shipping stocks and every single one of them got a little bit of action today. So G lbs one that I've traded quite a bit and I'm familiar with I got into 750.

we spiked up to a high of 788, then all the way to a high of 849. now again on this one was looking for that. The second move I got back in for the first candle to make a new high popped up to 810 stop dad's the drop down to 850. so on this one I made let's see $5,700 on the first trade and I lost 1500 on the second.

So again you know just step forward and then a step back and just frustrating. So that put me up around I think after the winner I was up about 9,000 on the day and then after the loser I was up only 8,000 or something like that so gave back a little bit of profit there. And then the last trade I took was I know the first five minute candle to make a new high. This is a good one entry right here at seven at 4:55 we came up to a high of 487 I ended up selling it in the 70s only made 324 bucks.

It took smaller size on it so you know that's kind of where we're finishing today. you see Sino, you can see Dr YS strength there EC A little bit of action there DCI X A little bit of action there. So these are all those shipping stocks. Usually when one starts to get momentum, the others do as well.

Actually, ship didn't really move at all today, but the other ones did pretty nicely. So a total today of 8 trades I think it was eight. Actually, it might have been nine. No, no, it was eight.

it was. They actually took three trades on G lbs. It took three total trades on G lbs because I added at 8:30 and stopped out at 780. but I Well, I was still holding a core position.

so I guess we'll call it a trades anyways. Not the not the easiest day ever, but for the most part you know, a couple trades off the Gap scanner, off my watchlist, couple trades up the hide, a momentum scanner, and $8,000 I mean it's not bad. it's a good day, but when you're being as aggressive as I'm being trading 10,000 shares, 15,000 shares, you want to see. you want to get trades that run 50 cents or $1 That's where you're going to get the big wins and today we didn't really have that.

The only one I mean gee, lbs was good, but it didn't hold up. Sino was okay but wasn't able to get a good entry. my OS didn't hold that level and KB SF was just horrible. So hopefully we'll see some better opportunities.

but you know it's one of these things where I last week I was kind of thinking about the trades I took of course I made $5,100 last week, but I lost 10,000 on Thursday and Friday so would've been up 15,000 if I hadn't had those two red days. maybe would have been up more if those red dates actually been green I was thinking about that was like okay, well you know the good news is you made $5,000 but that's good. Obviously the strategy is working, but you know I feel frustrated that I gave back that much profit and I feel frustrated that I stepped up with such large size on a couple of these trades and then got crushed in slippage and I remind myself that this is again the time to be consistent. If I keep doing the same thing, eventually I will get into one of these trades that 100% connects.

it opens up and I'm going to get that $20,000 winner in one trade or $15,000 winner in one trade to 3,000 The $4,000 winners are good. When you take 15 20,000 shares, you're thinking 30 40 cents. so it's good, but getting points is ideal and I just haven't had trades that really open up and give me that opportunity at least in a couple weeks. So I'm just going to be steady.

This is the strategy. It works when it works. I'll have weeks where I do twenty six thousand, thirty thousand dollars I'm up eight thousand on the week right now and are obviously got four days to go, so this might end up being a good week. I'm up on the month, forty $7,000 It's a terrific month and I'm up I'm sorry 45,000 on the months and I'm up 87,000 on the year.

So you know. Obviously, the strategy works, but you have to be prepared when you swing for the fences or when you take big-sized that you'll have big losses. and I think in a way I've become desensitized to making a grand or losing four grand because it's been happening so much. Those are no longer really big numbers to me.

For a lot of our students, losing 800 may feel horrible, and making a thousand may feel amazing. But as you start to experience these extremes and they get bigger and bigger and bigger, your threshold for what you can tolerate emotionally also expands. and that's good. You have to cut it.

I Mean, in my opinion, that's good to test your boundaries and to kind of go outside your comfort zone because it really helps you develop as a trader, you know. And for me, this is these two months, the last two months or two of the best months that I've had trading. So I'm just seeing that all of the efforts and all of the work that I've put in even over the last six months to try to improve my strategy, to try to condition myself to be okay with taking more risk in exchange for when it works a bigger winner that it is paying off. The strategy I'm trading right now is no different from the one I traded a year ago in January and February two years ago Three years ago.

It's not different. I'm trading the same strategy. The only difference is that I feel comfortable to take bigger positions and that's one of the things that's nice is to know this is a scalable strategy. Whether you have a 500 dollar account or a 50,000 dollar account you know, or a $500,000 account that you can scale this now.

I Don't think you would be able to easily take like a hundred thousand shares of most of these stocks, but to take 20,000 to 30,000 40,000 That's most likely going to be realistic for most of these trades. not all of them, but a lot of them. Definitely, Cyno wouldn't have been a problem. Got 13 million shares of volume today, so you know there's a range with these stocks of how much liquidity they have to support that type of scaling.

and I don't think you would be able to trade the same strategy with like I wouldn't have been able to start this year. Let's say with you know, five hundred thousand dollars and have by now turned it into you know, a hundred and fifty million or whatever I mean it's just that that's not realistic. There's not that amount of liquidity, but can you take 10,000 shares, 20,000 shares and you know, get five thousand, ten thousand dollar winners? Yes, I Think that if I have the market on my side and we have some better follow through on some of these trades, I could potentially be seeing $20,000 winners, maybe 30 or $40,000 winners if I was trading If we had some really parabolic stocks which is kind of like K BSF except for the fact this one was too simile traded, there wasn't enough volume on Friday at traded for million shares of volume as it went from you know, $5 to $11 so you know there were a couple of opportunities. Maybe right on the five-minute pullback around 12 12:40 we could have gotten in and taken some sighs, but it wasn't super super liquid.

Gry S has been a little bit better actually. you know, a little easier to take big size on that one. but again, I'm trying to test kind of my own comfort. my own ability to, you know, take more risk and not feel stressed out about it.

And I think being a little outside my comfort zone has been good. although losing thirteen thousand two weeks ago was not fun. making $22,000 the next day or two days later was pretty awesome. So those are really the two extremes that I've had in over a year in terms of biggest winning day and biggest losing day.

And they were really within like three days of each other. So I think that you know I could scale down and I could have a $1300 losing day and a $2,200 winning day or I could scale up and that's I think last year at this time my winners and losers were more in the range of $1,300 $2,200 maybe 3000 on a really good day. And the difference between last year at this time and now is them trading with about three times as much share size. So the gains are amplified and the losses are amplified.

So in any case, you know that's kind of where I'm at here. This is a good start to the week. Good Monday and hopefully we see some really good opportunities. You know tomorrow? Wednesday Thursday Going into the weekend, you know we'll see what the markets willing to give us.

It'll start same way as always. First thing tomorrow morning looking at the Gap scanner looking for the stock store opening higher than they closed today. We may see continuation on Dr. Ys or on Sino where they open higher.

My Z recent IPO very very strong move on that one so you know we'll see what we've got. But in any case I'll let you guys go and I'll catch up with you or Singh tomorrow more. One last reminder guys we're going to have for the next 24 hours our Valentine's Day sales All right, so be mine. Xxx coupon code.

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