What's up everyone? All right? Well, today is day three of day trading in Martha's Vineyard. Day three of the challenge to trade on my traveling trading station and get green and get out. Mission accomplished Well, but today was the worst of the three days so far. I traded five stocks, I'm green on three out of the five and I'm up only a thousand dollars.

About I think a thousand and sixteen, but that's before commission so probably be. I don't know. 900 something after commissions? Whatever. That's fine.

it's a green day and you know it was a slow day, but I still managed to find profit. And you know what, if I had traded with big size, I would have been red today. The only reason I'm green is because I went with small size. I got in, I got green, I got out.

I didn't scale, I didn't add aggressively. I kept light on my toes and that was the right move. So very early on my first couple trades were, um, were set ups that didn't resolve very well. It was like a false breakout and I got small profit.

Another false breakout. I was red but only 59 and I was like, you know what? man like I'm not feeling this. I'm up 170, 180. On the day it's already feeling like I'm fighting just to make a couple cents a share.

It feels like the the wind is not at my back, but it's coming right at my face. Um, what do they call that headwind? So I just sort of thought, you know what? let's let's take it slow. So then on Trades three, four, and five and I took more than five trades by trade. five stocks.

Um, I just kept size small. I was moderate and that was the right move. So you know what? I set the goal for this trip to try to hit a thousand dollars a day. and I said, you know.

listen, it's not gonna cramp your style to trade for one or two hours. And if you can make a thousand dollars a day, you're gonna make ten thousand dollars over the two weeks that you're on vacation. I mean, yeah, you're working while you're here, but you know, let's get real. This is the nice thing about trading.

You can bring it with you anywhere. You can bring it to the Caribbean, You can bring it to Europe. You could go to Asia. You go anywhere in the world.

Anywhere you have an internet connection, so bring it with you. Make a little bit of money each day enough to help pay for the cost of travel. But don't trade so much that you're glued to the computer and you're going to ruin your day because you're sucked to the computer all day long. Or you take such a big loss that you're just bummed out for the rest of the day.

So that means smaller size. If it's hot, be aggressive like I was yesterday and the day before. And if it's not, you know, take a couple trades and then get out. Be done and that's it.

So day three is in the books and mission accomplished. I got in, I got green and I got out and you know what? I could just as easily be read. A couple hundred bucks today or even a thousand and it would be no big deal at all. I'll come back tomorrow.

The market just wasn't as hot today as it was the last two days. And you know, Tuesday and Wednesday we had we both days we had a nearly 100 squeeze so that was awesome. Today we had one stock that started to to go there and it looked like it was going to and it reversed quickly and came back down. So that was sort of the writing on the walls like you know what doesn't look good.

Let's let's manage risk, let's scale down and just take it slow. So I did. I'm glad I did it and I'll be back at it first thing tomorrow now. Reminder: As always, my results are not typical.

Most traders lose money, so I encourage you to take it slow and practice as a simulator, and I'm going to make absolutely no guarantee that you're going to find success as a trader. I encourage you to practice in a simulator, trade with money you can afford to lose, and just seriously take it slow. There's no guarantees for success in the market, and the Market Wall Street doesn't give refunds either, so be really cautious. Now, if you guys want to keep learning, make sure you hit the thumbs up.

I hope you guys enjoy this recap. I will be live streaming tomorrow morning right around 8 45 9 a.m So join me for the morning show and hopefully we can finish the week with. you know, a couple more nice trades, but it's going to be up to the Gap scanner. We'll see what's gapping, we'll see if there's news, and if there's something, I'll be on it and I'll be aggressive but within reason.

Because of course I am still on the traveling trading station. so I'm not going to be taking crazy big size, but you know if something's moving, I'll trade it, I'll see what I can do on it, and hopefully we finish the week with another green day. And that would be day four of this Martha's Vineyard challenge. But it's also okay if it's a small red day or a no trade day.

I've got a cushion for Tuesday and Wednesday, so that's important and I'm going to try to carry that. you know, nice relaxed kind of mentality into the Friday and then into the week ahead. All right, I hope to see you first thing tomorrow morning for the morning show. So all right.

So gonna go over the trades from today. Uh, traded five stocks, green on three out of five. My biggest loss is a 59 loss. Second biggest is 49.

Biggest winner 764 sitting at just over a thousand on the day before commissions today. Uh, you know I should. I just have to try to remember. listen man, you said that anything over a thousand is a good day.

Uh, I got over a thousand pre-market or maybe just one minute into the day and then I gave back 250 or 300 on Imux. And then I kind of rallied back up to just over a thousand. And this thing is just really choppy. Like there was just a 50 000 share seller and I stopped out for a uh, I mean not a big loss, but like I don't know, 100 loss and then you know here it's coming back up again.

So this one we can talk about. First halted at the open at 278, squeezed up and halted. I bought on resumption here and ended up stopping out. It then goes a little higher.

I tried to get back in here for the break of three. I stopped out again, kept my stops really tight. Then I got back in at like 3 25. it stalls out.

Kind of goes choppy again, so I feel like I'm not timing it super well. Now I am trading with small size because I didn't really feel super confident on it. But I'm also just sort of annoyed that it feels like every time I get in, it just ends up being uh, choppy. And when I get out, we see these moves.

I just haven't been timing it super well. five minutes now getting a little extended. I don't usually like Gap down reversals, but anyway, so lost a little bit on it, but it's not really that big of a deal so so that's fine. So I am ux whatever.

Uh, leaving Gaffer this morning was Imm x gapping up 31. This one. I didn't end up trading. I sort of felt like it was range bound and trading stocks in range isn't really what I like.

I prefer to trade something trending. so uh, left that one alone. Next second, leading Gap are Rptx Rptx. I did make 94 on.

I got one trade on it, but pretty choppy all things considered. It did end up opening up the open. We got that squeeze pulled back, rallied back up. Looked like it was going to try to reclaim the top of that candle.

A lot of hidden sellers here around 1175 and I could see them on the level too. I could visualize them people were buying and it wasn't breaking and then it flushed hard. So left that one alone after my first trade on it earlier. Next leading Gap or Ymtx and actually look at this one.

uh, I don't know what the deal is with this. Uh, then we had Srpb or Sprb sorry sp. Yeah, Sprb. This one got a trade on it early.

jumped in as it broke two added at 250, hit a high of 270 and then it totally reversed. It was like what is going on? This is this price action is terrible. sort of similar on Pdsb. Uh, a small winner on it.

It popped up, it reversed, and then tried to rally back up. And it did make it back through the highs. And then there was um, Pdsb. uh sorry Pm Cb This is the other one that popped up and dropped down.

Just kind of nasty action today. So coming into the open, I sort of said listen, at that point I think I traded four stocks. I was green on three out of four, but you know, nothing was. Nothing was big, nothing was solid.

So I was sort of already telling myself, listen, if this was going to be a good day, you'd be in much better shape right now than you than you are. So let's already start to kind of slow down and cool off because I think you're you're positioning yourself with too much risk now. You could easily take a 4 500 share position and lose 900 bucks on it. 20 cents or 1200, you know, 30 cents, whatever.

And then you're read on the day. So at the Open when we got that squeeze on Imux, you know it was kind of like I don't know. Gap down reversal not my favorite setup. I'm not sure if it's going to go and then I sort of traded it as it moved a little bit higher.

You know your high up here is 34.35 and you know as you look at this it looks like it wants to go right? Doesn't it have that look? But then you see if you're looking at the level two, you see there's a seller there at 35.. I mean, even as I'm doing this recap, I'm looking at this and it's like on the one minute this is a pullback, it looks like it wants to go and I'm afraid it's just gonna trap me. I'm gonna fall right into the trap. It's gonna pop up two cents and then flush ten, you know? So I just I just don't feel like I can risk it and I don't feel like it's worth me sitting here and maybe talking myself into a trade like you know.

So there you go. So there's so there. If I got in at 34, I'd be up two cents. Right now, 36 is on the bid.

That's two cents of profit. Yeah, it went to 40 on the ask, but that's I don't know if I would have gotten filled there. and look at how light the volume is on this candle. Like traders, it's telling me with that light volume they're not jumping in it.

So it popped up there to 43 and then back to 36. I mean this is just the type of area where I can very easily talk myself into a trade and then end up losing or I talk myself out of it. It ends up going and then I get kind of annoyed. So it's better at this point in the day just to say you know what, I'm on my traveling trading station.

The goal here was to get green, try to make a thousand bucks. I did it. so I'm gonna shut it down and come back tomorrow. I had a great day yesterday and a great day the day before.

Today I took five trades and basically none of them were good trades. I'm grateful that I'm green. I'm only green because I trade with small size. If I trade with big size, I'd be red today.

but I kept share size smaller. and uh, that was partly because my first trade was a partial fill. I was going to go bigger, but it was a partial fill and then I chose not to chase it. and then after that first trade didn't work out super well.

I was like, uh, all right, let's start to just stay small on the size and I stuck with that. It was the right move today and that will let today be a small green day. And who knows, maybe I'll come back tomorrow and we'll have another six or ten thousand dollar day like I had a Tuesday or Wednesday. Or maybe tomorrow's a no trade day And that's fine too.

The daily goal on the traveling Trading Station is a thousand bucks a day. and I I've done it all three days here. This is day three of, uh, trading Martha's Vineyard. Day three on the Traveling Trading Station.

Day Three of this challenge. So I'm feeling good about that and you know, maybe this thing goes up to 375 or four. Whatever. If it goes, it goes.

That's great. It chopped me out and you know I wouldn't feel comf confident or comfortable taking big size on it at this point anyways because it's too extended so even if I traded it, I'd only probably make a couple hundred dollars and it's just not worth the risk at that point. I I know I can do better when the market's a little hotter. So I'm going to start shutting it down here, close the uh trading platforms, and just let it be what it is.

Small Green day. We'll live to trade another day and we'll be back at first thing tomorrow morning. and hopefully tomorrow. I can find one stock that's really obvious and I can do well on it.

You know we didn't have a super obvious stock today and you know, for that reason I probably would have been okay with not taking any trades at all, but you know, I broke the ice. I took a couple and tested the waters. didn't really feel that comfortable so I'm back out. I'll try again tomorrow, So that's a very quick recap.

That's it for me today and I will see you guys tomorrow morning. All right, see you in the morning! 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 you.