What's up everyone? All right? Well here we are. Today is day five of trading in Martha's Vineyard, trading on my traveling trading station, and today is a small green day. It's the smallest green day that I've had so far on this uh, trip. This during this challenge and it's I think the first day that I went red my first trade, I was green.

In the second trade, I went red. I went down about 500, then 700 on the day was red at one point on two out of the two stocks I traded and then recovered the loss by being green on the next two. So green on two stocks, read on two stocks, traded four stocks today and I'm up less than the daily goal. So I got green.

I recouped the cost of the losses and commission. So it is a green day. fifth day of trading in Martha's Vineyard on the traveling trading station, and a green day. I can't complain and we had a couple really great days last week.

The thing that I did well today was managed risk. Although it's not a big green day, nothing to be excited about there. It's a it's a real success for risk management. I kept the losses small.

I never went down more than a thousand, which you know, you guys know I can easily do that. So I kept the losses really tight. As I started to recoup the losses, I did it slowly. I didn't go really big.

Risk was matched very well today. So low stress day. pretty low key and a small green day. Now today.

probably wouldn't have been under almost any circumstances a big green day because we didn't have a very good Gap scanner. We didn't have a lot of good stocks to trade, so you know I'm I did the best I could and you know I'm up a little bit which is good and that keeps my head above water. Survive to thrive and I'll be back at it tomorrow. So hopefully tomorrow we have a better Gap scanner.

We have a stock that has news you know. I was sitting here early, there was no news at 8, no news 8 30, No news at 9, No news at 9 30. I mean, there was just nothing that really started to take off so we did get a couple of pops once the bell rang. stock's kind of squeezing up, you know, a little bit.

but but nothing big and nothing that I was able to really size up on. So we'll recap it as always. I hope you guys enjoy the recap. I hope you hit the thumbs up and um, reminders always that trading is risky.

My results are not typical so I encourage you to take it slow and reminder there's no guarantee for success whether you learn from me or you're trading on your own. So please take it slow. Hope you enjoy the recap and I'll see you for the Morning show live first thing tomorrow morning. All right.

So I'm going to do my recap here for today. Today is day 5 of Day Trading Martha's Vineyard and you know this is the smallest green day that I've had. And it's I think the first day that I went red, but I was able to recoup the loss and finish in the green. Not quite to the daily goal of a thousand bucks, but a small green day is is fine and at the most I was down maybe 700 or so and at the most I was up around 675.

So you know generally speaking, a fairly small green day. My first trade on the day was on Ciso and on Ciso. I jumped into this as it started to squeeze. it hit my high a Day Momentum scanner and started a preface.

we didn't have any good Gappers this morning. There was nothing on the Gap scanner that really looked good and so you know. I was a little concerned that because we didn't have a good Gap scan that that was setting the tone for the day and it probably would have been okay for me to not have taken any trades today. But with the bell rang and Ciso started ripping up on the Hyde Momo scanner from 750 to 8 to 850 and I jumped in as it went higher.

but it ended up having this red candle that dropped right here and I went from up about 300 on it to down 700. and then I bought the dip off the low and recoup to like 200. So I'm down 574 dollars on Ciso. The next trade was on Prax Prax.

I jumped into thinking maybe we would get a reversal off the low it's a gap down reversal set up and on this one it squeezed up here to 40 and then hit a high of 53 but I just managed to lose money on this one as well. My first trade on it was as as it started to open up on this candle but then I got stopped out on this red candles and dipped down and then I got back in a little high and then stopped out a second time. so the losses on it were small down 178 dollars. Uh then we had Gov x Gov x I jumped in at uh 225.

it seemed like there was a hidden seller and then when that broke I bought at 225. we actually got to move up to 240 but I started taking profit like 233 234 and then I added back and then sold and so I turned commissions a bit on this one. We also got a false breakout on the one minute which created a double top right at 240. but um you know, whatever.

No no big deal really so made a thousand on that. Now that put me in the green on the day which was good. And then Peggy was the last one I traded. Uh Pineapple Energy.

This one hit the momo scanner and I jumped on as it started to squeeze up. We got a nice squeeze from 320 all the way to four, but it didn't hold that level and it pulled back. only made 340 on it and Imte I was watching this one. Uh, as it kind of came.

at first, it sold off, halted down. big selloff down to 9.50 then a big bounce back up, but I didn't feel like I could really manage my risk on it. And I think the issue today was, you know we're sitting here at 10, almost 10 30. and I'm green on two.

I'm read on two. no big winners. You know, a couple of small losses it? It just doesn't feel like today's the day. we don't have an obvious stock, nothing is moving quickly, and this would have been perfectly okay and probably better if it had been a no trade day because of course I have some profit.

But then you know it goes to commissions when I'm just churning shares, especially on a stock like Gov X, which is lower price and the share size is higher. So not really a super impressive day from a gain standpoint, but a pretty good day from a risk management standpoint. You know it was choppy and I never really went that deep into the red. Very low stress going even as red as I went.

I was a little disappointed when I was read on two out of the two stocks I traded, but I said, you know what it's it's still pretty early. Let's give it a second, let's see if something opens up and and we got a couple things that opened up a little bit enough to recoup those losses and put me back into the green on the day. and maybe something else goes from here. But I feel like the writing is on the wall that at this point in the day, the fact that I'm you know, only slightly green is telling me I should walk away because I could very easily very quickly take a trade and you know on something like Imte lose 500 or a thousand bucks and just like that, I'm in the red and then I'm gonna sit here thinking okay, well, should I keep trading and try to, you know, dig myself back out of the hole.

I already did that once I was successful, you know, and I really don't want to get into doing that. I I did it once today. I don't want to do it a second time, so if I go from red to green, then I'm usually just like, hey, I'm finishing green. That's a good day.

I don't want to go back to red a second time, so I'm not going to push my luck today. I'll come back at it tomorrow and look at this, Imt, you know, just from 1250 back to 10 10, 27 Halting down. You know this is very volatile, but not we like volatility, but this isn't even. This is just a mess.

This is very difficult to trade, so no trades on that. I don't regret it. Uh, we'll We'll come back tomorrow. And you know, hopefully tomorrow, or at least a couple days this week we'll have a gapper that's obvious.

You know we'll have something that's um, you know, a a nice gapper. The floats right, the volume's right, the price is right. You know everything's kind of lined up and and I can, you know, have a six or ten thousand dollar day like I did a couple times last week. That would be pretty cool.

I I'd be okay with that. Um, so you know that's kind of. I don't know. That's kind of where I'm at here today.

I'm just gonna shut it down. There's a small green day, but you know green is is certainly better than Red. So 666 and 24 cents in the green and I'll live to trade another day. So I'll be back at it first thing tomorrow morning for day six of day trading in Martha's Vineyard.

Thank you guys for tuning in a reminder. As always, trading is risky. My result's not typical, and most beginner traders lose money. And for those that are tuning in, uh, watching this as a recap, there'll be a video posted in the top corner up here on uh how to read stock charts for day trading So if you haven't checked that out already, i just uploaded that yesterday.

Check it out, I think you'll enjoy it and I'll see you guys back at it tomorrow.