Well, uh, we're going to do midday market recap here for Thursday. Today is Thankful Thursday and I am extremely thankful for the insane level of volatility and momentum that we're seeing in the market. Uh, it's it's absolutely crazy. I mean, this is just.

um, it's It's not like anything I've really ever seen before and I'm finishing the day up 132, 261.89 And on my last trade, I lost almost 30 000. My last trade, I bought 15 000 shares of Taop at 1401 and stopped at 12 13.. let's look at that chart Taop. what a wild ride.

That right there on this dip at 14 was my last trade and the bottom fell out and it flushed and I gave back. So I was up 162 164 maybe at my high today and I am, uh, walking away with 132 000 and maybe as a, uh, sort of, uh, way to keep me, uh, grateful for the money in my pocket and uh, to be mindful not to overstay my welcome the 30 000 that I just lost. I'm going to match that 30 000 by donating 30 000 today for Thankful Thursday. and I'll donate that to um, local organizations here in Berkshire County.

So this will be another day where I'm taking some money off of Wall Street and giving it back. Uh, to the organizations here in this community that uh, help uh, families that are in need with the People's Pantry uh, Berkshire Bounty, Berkshire Agricultural Ventures and the Berkshire Humane Society who set up a uh, it's like a a dog food pet food pantry for people that right now because of covet and everything else, haven't been able to afford, uh to buy, um, dog food. So uh, trying to pay it forward here. A little bit.

A fantastic day of trading, but I overstayed my welcome and I'm gonna pay the thirty thousand dollar price and the loss. And I'm gonna match that thirty thousand loss with a donation. Uh, to remind myself just to, um, try to try to be smart and be grateful when you're up. Next time you're up 154, 160, 000? Just take that money right off the table.

All right. So why don't we go over the trades from today? All right. So uh, today. You know.

Honestly, you know, as you probably remember yesterday, I was a little frustrated. Um, I wasn't super happy with how I traded yesterday. I kind of had a roller coaster of a day on Kodak and I traded it again today. You can see here.

I'll just move these around. Um, so you can see my trade on, uh, Kodak here. Only 128 dollars today? Whatever. Um, but as I came into the market this morning, I was kind of like I knew Kodak was probably worth watching.

You can see, I've marked up this chart like crazy. The way I trade is technical analysis, so I'm focusing almost exclusively on the chart and on reading the tape, Reading the tape, and reading level two. Uh, it's it's that kind of quick reaction. it's probably um, something that a lot of folks in sort of my age group have from growing up playing video games and stuff like that.

that hand-eye coordination and this is almost a way. I mean at one point you know, I used to play a lot of computer games and once I started trading, I stopped playing the games at all because I was like this is so much more fun this. The gratification of, um, the every day is kind of a mission. You know it's it's a goal to come into the market and try to solve this puzzle of finding profitability and managing risk.

And the reward is is money. and it's so much more gratifying than a video game for me. And so you know, at one time in my kind of free time I would play video games and now in my free time I'd rather be thinking about charts and stocks. And you know how I can get better at this.

I'm not going to say it's not good to have things that you can use as kind of your your space just to like let off steam or whatever. and I guess for me that's probably more of the cars at this point. But in any case, uh, I'm a fast trader and you know, Full Disclosure number One day trading is risky. It's very difficult.

I've been trading for almost 10 years and just even at this point is when I've really, uh, made the most. And it's I, no doubt, because of the incredible volatility in the market right now. So you shouldn't consider my results to be typical. You should expect that if you're gonna start trading, you've got probably a nine out of ten, maybe even higher chance of failure.

And so what I encourage all of my students to do, and uh, of course anyone watching on Youtube or Facebook is to trade in the simulator. Prove profitability in a simulator before you ever put real money in the market. Now the reality is, and this is the simulator that we have here. Um, we provide this to our students.

Uh, it's available to our students. So uh, this simulator allows you to trade real-time market conditions side by side with me. And so if you're trading Kodak well, and I'm trading it too, that's not a surprise. This is the leading one of the highest relative volume stocks in the market the last two days, this is the right type of stock to be watching.

I focus on trading what I think is obvious with high relative volume Edsa. Today, by the time I was jumping in it, this already had millions of shares of volume. It was already off to the races and I jumped in it. Uh, we had this pullback right down here and out of the gates.

It ripped up, got halted, dipped down, and I actually was up. Thirty seven thousand dollars on the stock. And as you'll see, I'm only up Eleven thousand on it right now. Ten thousand.

I gave back my profit and I actually got myself, uh, quite frustrated. I gave back my profit trying to do a dip trade off the volume weighted average price right here. So I bought this with i don't know. 15 18 000 shares.

Big size right here. At 15 it flushed down into a halt. It's 13.81 Really frustrating and I was still holding. uh, I believe some size of that halt.

I can't remember which one it was, maybe it was this one. but in any case, um, I gave back 20 000. 27 000 of profit on this stock and that felt to me like a kick in the teeth from the market. I felt frustrated.

and those you who are warrior pro students, you'll listen, um or be able to watch my live trading archives from today. so you know today was a, um, it was a wild day no question about it and it was getting kicked in the teeth. That kind of got me riled up a little bit. So I got up from that loss and I was aggressive and uh, so these are my these are my live trades uh from today.

so I don't remember where the last Edsa trade was, but yeah, there's one. so I'm I'm holding this. 8 000 shares down. Um, 8 000 down a full dollar a share and that ended up being a really good size loss.

So today was extremely frustrating. Um, let's see. So I kind of like yesterday, had the big big swing uh up 37 then gave back more than half my profit and I was like I should probably stop trading and I didn't. You know I was like, uh, I I guess.

Well so it's kind of a funny spot where um, by the time I had given back the full uh, 27 000 on Edsa, I had already started making money on Taop. But I did give back half my profit and I didn't stop trading and I felt frustrated. and you know, I I I sort of like one of the other days last month, um where I made a lot of money. I had kind of felt like you know, I, I just, I was really.

um, I was super aggressive and today I was probably more aggressive than I've been on any other day. and you'll see it in the live trading archives again. For Warrior Pro students, you'll be able to go through this and see some of these trades. But uh, you know there were moments on this where I was sized up.

You know, 20 000 shares, 30 000 shares. You're talking about 400 000 in the market? Um, there's 28 000 right there. 28. So that's 28 000 share position at 12 39.

So a question that some of you guys may ask is Ross: how much money did it take you to make a hundred and thirty thousand dollars today? So let's call 30 000, 30 000 shares times 1290 because I think that was my biggest position. So 30 000 shares times? let's round up to 12.50 375, 000 Biggest position today, potentially around that level. Um, so you know I stepped up to the plate and if I had just 400 000 in my account, I would have been able to take all the trades I took today and that'd still be a 25 return on the account. Still a good day.

I mean, you can criticize that. Oh, you know he's trading with four hundred thousand dollars. That's not realistic. Okay, well then trade with forty thousand dollars.

If I'd taken all the same trades I took today, only with forty thousand dollars, Well, presumably you just take move the decimal point over and I'd be up thirteen 000. that would still be a 20 day. Uh, you know that's still a good day. Now the question of whether or not this is marginal.

Uh, and you can use your leverage is going to be broker to broker, right? So some brokers will give you leverage and some won't on some of these stocks. This one has short sale restriction. no leverage, 66 million shares of volume and shows it's up three thousand percent. So uh, I'm not going to go over all.

I mean, there's too many trades to go over each one. I'm just going to give the highlights and warrior Pro students. you can just re-watch the live trading archives of this, but um, so Edsa, Uh, a couple of nice trades on it pre-market and then a nice break. here.

the bell rings and it rips right into a circuit breaker hull and it went without me. And you know this is what I always say. sometimes these are going to go without you and that's one of the reasons I of course encourage you so much to learn the strategy and not blindly follow me. Because what if I was out today? What if I said today's a good day to take a day off, Would you have not taken any trades? Would you be helpless? Well, that's not a good situation to be in, so I want you to understand the strategy knowing that you're not going to learn it overnight.

It's going to take a period of time. it's going to take going through the live trading archives, going through the classes and practicing in a simulator. But I want you to be independent and then of course I want you to stay a member of the community. So um, you know you help me find stocks to trade each day because sometimes I sit down and you know I don't see everything.

So it's experienced traders who say hey Ross, take a look at this one and I pull it up and I'm like oh okay, you know this person I know has a 100k club badge. I know they know what they're talking about so let me pay extra attention what they mention And so here we have Edsa again. Rip. I bought it right out of the halt and then uh, took the trade from 1750 up to 19..

it drops down, halt's going down, tries to. I try to bounce off the V-wap it pops and then flushes. Another trade here, coming back up, made the back, made back a little bit, got myself up to like 19 000 or something like that. Then I had, um, a couple of other losses.

So I've got losses here on Blink Blnk and Kndi. These ones I felt like I was kind of chasing it and I I guess it was my entry on this was along right here. First candle to make a new high. Looking for the break over 1350.

Stopped out at 13 15 000 shares Kndi another 15 000 share trade. Uh, took this on what I thought was going to be a break through the highs right here and it flushed down. That was right at the open. Kndi yesterday made an incredible move and it's given back almost the whole move this morning.

so it feels like you know this is the market that we're in where man, if you're not quick, if you're not aggressive, you're gonna miss the whole thing. That's how I feel. and I missed the whole thing. On Kndi.

I've got nothing to show for it. This thing went from four dollars to 20 bucks yesterday and I got nothing. Absolutely nothing. taop.

I wasn't going to let the mistake of um, missing Kndi and Kodk you know, happen a third time and you know what? Let's think about that for a second. That's really an important mentality to take note of. So and by the way, those of you guys live streaming. um, I would love for you to hit the thumbs up button if you like this video or you like, um, watching these recaps.

So the mentality of missing a big move can create Fomo, right? So I was frustrated yesterday and many of you guys watched me and you saw the live trading archives that I managed to be a guy that had so little to show for this huge move and being a trader at my level I you know I hold myself to a higher standard in terms of when you have a stock that goes from 20 bucks to 60 bucks. I should be able to do pretty well on it. And I missed. I totally messed up my trades on it.

I didn't do that well. I made like 20 000 on it. I should have made 129 on that stock and I just didn't And then I had a couple losses later in the day and I was just frustrated. So a little frustration carrying over.

Um, yesterday from Kodk, a little Fomo on Kndi, a little frustration on Edsa, and you heard it in my voice This morning, I was frustrated. I was frustrated. I was up 37 thousand dollars and then was up only like 15.. you know, it was frustrating.

It's like I overstayed my welcome. and I I keep missing the big part of the move because I'm either not trading in the afternoon or I'm not trading that early pre-market or whatever the case is, I just miss it. and then you know I catch the top and and drops back down. And so when Taop started to open up initially, I actually wasn't that interested in it.

I looked at it and I was like it's kind of on the cheaper side. It's been the more expensive stocks that have been actually better recently and so if we look at Taop, they did have a headline this morning at 8 am. It was on the Gap scanner. Although it wasn't a stock.

I was watching because I was already trading Taop pre-market or sorry, Edsa pre-market and that was the one that I just sort of was dialed in on. But in fact, it was the second leading Gap in the market today, gapping up 96. I just was totally focused on Edsa. So uh, the bell rings and actually sells off.

I think it might have even halted going down. It pulls back a little bit and then it rips up right here and halt's going up. So it halts at 366. it opens and squeezes up to a high of 430.

It then pulls back right here. Micro pullback right here. and so my first trade actually was like a 2000 share. I can't remember how many, maybe it's 10 000 shares, but in any case, it was a trade over, um, 450 and I sold the whole thing at 458 or 457.

I didn't hold it very long. I just kind of was like I'm in the I'm on the defense now. I'm trying to make back some losses. It's going to be small base hits and I, you know, whatever.

So I know 70, 170, or 700 bucks. I don't know what it was. Small winner. It pops up there to 90 and then drops down and then it pops back up again over 90 and breaks to five.

and then all of a sudden it halts and it resumes and rips here. up to 729, dips down, looks like it's dead, and then rips over 729 all the way up to 8 44. So this is where it was kind of like. All right now, we're getting some action, consolidates through here, breaks the V web and so I'm like, all right, I don't know, maybe this is done, I made some money on it, but nothing crazy and then all of a sudden right here and this is where Uh, I took my biggest position.

I believe this was my first really big position the long on the breakthrough 844. I think it was 20 000 shares and that gave us that squeeze up to 10.44 Then I started getting aggressive buying pullbacks, buying pullbacks double bottom, and selling into these breakouts: 15 20, 000 shares, 25 000 shares. I was being really aggressive and then we got this squeeze up to 1468, the pullback, and then that pop up to 15. And then I added 15 000 shares here at 14 and it flushed down.

Who wants to see my, uh, possibly biggest loser of my career? Oh, let me pull this up here. All right. So Warrior Pro Students, you're gonna get to see it. But I'll just play it here.

All right. So let's watch this. So I'm kind of dialing in here that this is consolidating at this level right around 14.. I've got my order fit 5 000 shares, hands on the buy button.

I'm watching bounces off of 14. actually that's not the trade here. Let me zoom forward. It's this one right in here.

so I'm still holding 3000 shares. Okay, so watch this. This was aggressive. Now what I looked at here was what I thought was a a a good size bid at 14.

24 000 share bid. Now there's a seller at 4 1401. But this bid is holding. To me it looks like it's holding So right there.

Actually 18 000 shares. Wow. So I just added right there and all of a sudden right there it's looking good. It's like all right 14 10.

now it's not looking so great. So it looks like I sold a quarter of the position or I tried to sell the whole thing. Look at that. I'm down 12 000 right there.

Look at that. down 36 000 for a second. it's pretty scary, right? So remember guys, Risk and reward. I put an order to sell at 49 on the ask, doesn't fill and I just hit the bid and like that that was a big loss.

So you don't have big wins without taking risk. I really don't feel I don't Really, I'm I'm okay with you know the fact that I did give back some profit on that trade. I you know, wish I maybe I hadn't but at the same time, um, you know what are you gonna do? It was A It was a setup that I liked and I took the trade and I'm still walking away today. up 130 000.

I'm donating 30 000 to local organizations here in the Berkshires and this is a good day. Life is good. Gave back a little profit off the top trading aggressively, but relative to making 160 giving back 30. you know it's not the end of the world, so it's just, um, the reality that when these stocks start to get really extended, you've got some downside, risk and the reason I panicked out there because it did end up bouncing back up as you as we'll see on the chart.

I panicked because I was afraid. sometimes when you get a flush like that, it's algorithms that are responding to breaking news. So I was scared that maybe there's breaking news, that they are doing a secondary offer or something like that and I was like I can't be holding. I can't be holding into a hall going down that kind of size.

I can't take that loss. So did I take a loss on on that last trade? Yeah, um, will it be? You know, my single biggest loss? Um, I don't know. I mean actually, I guess it depends on I mean that that individual trade right? There was a really big loss when I import my trades into Trader View. it's It's funny how it's how it groups them because I was actually still holding 3 000 shares from a previous trade.

So if it groups that whole trade back to one of the ones I was already holding, then it'll show me as the net profit or loss of that trade. So I mean I don't know, I'll see what it is, but no doubt. um I can mentally say that you know I pretty much dropped 30 000. um on that last trade off my highs and a couple weeks ago I had a day where I was up over hunt over 50 000 and then was down 7 000 before I made my way back to Up 20..

So you know I've had some some days with big swings in the P L and today had one up to 37, down to Up only 15 or whatever and then back to Up 37, 40, 50, 60, 70, 80, 90, 100, 120, 130, 140, 150, 162 and then back to 130. And that's what I'm saying. All right, I'm taking my money off the table. I'm I'm not going to keep pushing my luck.

Maybe who knows. Maybe there'll be something else today. And honestly, Prpo has been halted now for hours. This halted at 10, 15 and 20 seconds with this headline at 1.59 And it's showing Five dollars right now.

But uh, we've been waiting for it to resume for like two hours and I kept thinking when it resumes, I'm I'm going to want to buy it because what I think is going to happen is it's going to squeeze into a second hall. The second halt will probably be shorter, but it'll probably squeeze into the second halt and then um, yeah, uh. that could be a nice opportunity, but I think it's gonna happen without me because it's past noon time. I shouldn't keep trading.

I'm gonna take my money off the table. So um, I don't know where I'm at on the month. I haven't imported yesterday's trades yet, but let's see, I think I was at close to 700 000 before yesterday. Um, let me just double check.

I was at. Let's see after yesterday Now I'm trying to even remember how much I made yesterday. I made 25. So that put me up to 70, 80, 90..

So I was up 79, 690 yesterday. So 790 over 800 000 on the month. I mean, I again, I don't even really know what to set as expectations in this current market. The market's insane.

And it's as simple as that. My swing trades, a little check in there on the swing trades. Um, I tried to take a trade on Edsa and um, I only did 10 shares. I just wanted to see how fast the executions were in Tv Ameritrade and they were terrible.

So I was like, all right, I'm not even going to try it. Um, this is my retirement account. So uh, Netflix. I'm good on everything right now actually, except for the S P 500, right? The S P 500.

I have a position that's bullish to the long side and so because the market gapped down I am. I gave back some profit on that. But I'm still green. Um, on the day.

Or I still am green on my Open P L. So that's good. Now I did. As you might remember, um, have a little bit of a concern about earnings from some of these big tech companies that are going to be today and thinking that if they're not good, that could weigh on the overall market Amazon earnings? Uh, I think we have Apple and also Google.

I'm not sure if they're all today, but those are a couple of the, um, a couple of them. So and by the way, those you guys streaming on Facebook and Youtube. I'd love for you guys to give me a comment down in the below. Um, you know in the comments of how much you made today, or you know if you lost just where you're at today.

Just be curious how you did on some of these stocks. So let's look at the S P and let's look at this Spx trade. So the fact is, I can cover this right now for a five cent credit and I might as well just cover it. It's not really worth risking, so I'm I'm locking up on this 90 90 of my profit so I'll just put uh, trades in five cent increments.

Um, let's see if I can just put that there if it'll come, if it'll pull my trade out so I'll see if that'll come out. Um, my vertical spread on Netflix right now. Let's check that one. So uh, this is a weekly and again, this is basically I sold the weekly 520 call.

Well let's look at the S P first. So on the S P I sold the weekly uh 300 call 300 Strike 300 is way way way down here, so there's not really. I don't think any chance tomorrow unless something catastrophic happens in the market that this goes down to 300. But at the same time, the most I am willing to.

the most I'm going to gain is an extra 25 bucks. so I'm not. I don't really stand to gain that much by holding it versus the risk, so I can probably lock that one up. The S P is the same strike of 300, but it's next week.

I sold it at 46 at 60 and it's at 46 right now so that's moving in the right direction. I'm not going to sell that yet. I haven't gotten to the profit target that I had um for Tesla. Um, I sold the 1800 calls for next week at 477 and they're at 355 right now.

This will give me a 350 max profit and it looks like I'm up. It's saying 375 but it shows. that's on the day. But I was read at the at the close yesterday so I'm only up 86.

So Tesla, I do have to keep a little bit of a tight leash on that because that could. um, you know, if all of a sudden this rips up that could start to get away from me. So I might say um, I would just set a stop a live stop on this. um at let's see.

Um so I'm in this at 77 So I got a 30 cent credit so I could set a stop at 65 cents for basically a 300 loss and I'll just say as a stop that way I just you know the profit loss ratio isn't great on it and even though the odds are really not very good that it's going to go back to 1800 and no reason to let it go too far against me. So I'll just set that for now and I can come back to it. So that's a stop on Tesla. Uh S P is fine.

Spx is fine. Uh, I have a sell order out on that right now here, but it's I'm gonna cancel, replace it and just put it at 10 just so I get out. Let's see. there we go.

All right. So that locks up the profit on that trade. And then and actually I'm gonna turn. Um, I'm trying to remember where to turn off the notification because I actually find that distracting.

Where is that? does anyone remember? I thought it was under like look and feel. font size, spacing start up. I can't remember where that is this way. Okay, so uh.

Prpo showing six? Yeah Wow. I mean the thing is, this is, I mean I don't know. It's a announcement of Covet 19 antibody test. I mean I guess that's good.

but from a dollar fifty to six? really? I don't know. Guess people think it's pretty awesome. I'd be worried at a certain point that it's just going to go too high. So Netflix trade.

Let's look at that one. So Netflix I sold the weekly 520 calls so the 520 calls were up here and it is positioned in kind of a funny spot where I just was like, I don't know I I'm not sure I want to take a new position on it, but I can now cover this for a five cent credit and um, the total profit on it was also like 300 bucks. So I'll just close that again. I could let it expire worthless, but I'll just close it to take the risk off the table.

I don't remember if I had a stop on that trade. I do. So I actually have to cancel replace. I'll just do it like that's fine.

Okay, so out of Netflix booking my profit on that and uh yeah. So basically I'm sitting just with the Spy and um and and Tesla going into next week and etsy etsy, I am thinking on this one. So let's look at this here for a second. So the high was 115..

this is going to be a little bit of a little bit of a more risk on this trade. Let's see what this looks like. Wait, hold on. Cancel.

I wanted to pop up my um, my little preview window. Oh man, this is so confusing. That's it. Now I have to go back and check.

so um, what I was thinking on this? I'll just do like way down. Let's see if this pulls up. So all right, so I have a i have a long bias on this. It's got earnings Next week I think it might keep going up into earnings and I'm looking for it to break over 115.

Now I've already kind of screwed up my trades on a couple times. It is a little extended on the daily. Yesterday I said, well, I'd rather wait to see if this pulls back. Um, you know, because um, it was extended yesterday but it's continuing higher So I could say the same thing.

I could wait to take the trade tomorrow. Now what I could do here would be a, um, a debit spread. Um, the max loss is 700 bucks, the max profits 1200. The break even is 112.71 So I really need it to break through 115 in order to hit that profit target.

Maybe I'll come back to this tomorrow just because it's a little extended here. But I like the idea. I want to take a swing trade on it. I just don't know if I'm going to get to it.

It might just keep going without me. So that's fine. I don't have a new trade for Netflix right now. Even though I like the idea, I I could.

just. it's in a funny spot where it's stair stepping down a little so I could sell next week's um, calls way up here at like 136. but I don't even know if there's a lot of money in those. So I think for right now I don't have anything I'm going to add for a swing trade.

Let's see, let's look at sorry 536. So let's go up here. So if I sold that one, that's a 30, that's actually not too bad. Um, which one do I have now that's the 31st 520.

I think the thing that I was kind of a little concerned about is if it bases out here, then it's kind of starting to look bullish for a move back higher. So if I take a position on it, betting that it won't go over a certain level, that might not be a great idea so I could go further out of the money, but then if I do that the premium is lower. so I'm going to think about that for a little bit. I don't have anything I'm going to do right now, but overall a good day today with 132 000 in profit and 30 000 going to some local charitable organizations non-profits here in the Berkshires.

so taking a little money off Wall street and sending it back to local community all right, I hope you guys are able to do the same and I'll be back at it first thing tomorrow morning. We'll finish up the week and hopefully we'll finish up the month. There's no doubt about that, but hopefully with a good day. All right, So take it easy everyone, those of you who are watching this, I hope you've hit the thumbs up button and I will see you first thing tomorrow morning again.

I'm going to put up my disclaimer there as a reminder that day trading is risky. Most people will lose money, so be very very smart about how you start trading practice in a simulator before you trade with real money. Alright, I'll see you guys for.