What's up, Everyone? All right? Well, as promised, I am here to give you my August month in review. I'm gonna go over the trades from the month of August. I've got my metrics so I had to wait. um until all the trades had well settled.

Basically the last day of August. I wait for those trades to clear and then I can export them into this software which you can see on my screen right now. So I'm going to give you a breakdown of August in review. It also happens to be Labor Day Weekend, so I'll give you a little sneak preview of what we've got going on Monday Labor Day Sale so you guys can check that out.

And I want to thank you guys who tune in Live! And of course, thank everyone who watches this, um, later this weekend or in the coming weeks. So thank you guys for being here. Thank you for hitting the thumbs up. Thank you for subscribing to the channel.

Let's go ahead and jump in. August was my best month of the year. Unexpected 186 000 in gross profit before fees and commissions 168 000 in net profit. Which means my fees were uh, 12 900 and my commissions were 4 500..

So um, you know there'll certainly be some that talk and question of you know Ross, why aren't you trading with you know, Td, Ameritrade, or E-trade or one of these commission free brokers and it's it's a valid question. So here's the thing. Um, when I taught the Algo scalping class to Warrior Pro members and and also when I taught this most recent addition to the level 2 section where we talked about high frequency trading algorithms and the way orders are routed and the way they are sent to the market, I sort of made the argument that I think, and you know it's impossible to know this with a hundred percent certainty because any way you test it, there would be so many variables. But I believe that I get better executions through the method of routing that I use.

and those give me better fills, better entry, and better exit that exceed the cost of the execution or the cost of the commission. So you know that's the argument, is that. Well, I spent, um, you know, sixteen thousand, 17 000 on fees and commissions this month? Um, you know, did that allow me to make more money? You know, if I had taken all the same exact trades in E-trade would I finish the month only up a hundred thousand? In which case, it's a no-brainer to trade with this broker and pay 13 000 or whatever 15, 20, 000, whatever it is in commissions and fees combined to get that better execution and therefore better price and more profit. So we'll talk about that a little bit more as we get into the class or into this session.

But um, I'll show you the month it was a no Red August, not one red day. Now that's pretty phenomenal. I mean, I, You know, I mean I I, have to say this is a this is a pretty impressive month. I really have, um, nothing but good things to say about August I suppose.

But you know, if I was pressed, I think there will be some areas where I could give myself a little bit of criticism and I certainly want to talk about what my plans are for the month ahead of September and also just for the rest of the year because something that I did talk about was that. and I mentioned this earlier in the earlier in the week is that I'm behind my goal for the year. So I set a goal for this year of 2 million. Last year I made about 4 million and the year before I made 5 million, I recognized that 2020 and 2021 were epic years.

We had crazy momentum. I mean, things were just going absolutely insane and that that would probably not be sustainable to have that level of profit. you know, just indefinitely. So I expected things to come down.

but I I had no way of knowing that we were going to go into a bear market coming into basically January, right? So January market rolls over and I started the year with a hundred thousand dollars in profit in January and then gave it all back. went back to flat on the year and finished January up only 25 grand, which was not a good month for me. February. I was cautious after that kind of just wild month of January, March, April, May just still slow, wasn't getting in the groove and during that time the market was continuing to sell off.

So uh, this unexpected Bear market at least you know I just unexpected I suppose, wasn't anticipating it. Uh, threw me a little bit off of what I was thinking this year would be. And so I am sitting right now. Uh, on the year versus my two million dollar goal.

Um, I'm sitting. and well, I can include the first two days of September here. So net profit is 650, gross is 8 14. So I you know I'm not even halfway to my annual goal of 2 million.

I mean, I'm I'm like, way way shy of that. So while this has been a great year and I can't complain about the month of September or August, I'm also aware of the fact that I am behind a little bit behind, quite a bit behind on the goal that I had set for myself. I sort of thought I'd be able to average two hundred thousand dollars a month based on last year's uh, profits. So for the month of August coming in at 168 000 is great.

Um, and at this point I feel like I just have to keep my head down and try to stay consistent. And this is something that is going to be a little tough because I feel like I did leave some money on the table. Through the month of August, there were a couple of huge opportunities that I felt like I under-capitalized on, but I kept reminding myself that, you know man, you're not in the position where you can take these hail Mary high risk trades. You, you're way behind where you want it, where you thought you would be on the year.

So right now you know, let's just say you're well, you know, let's just use the analogy. If I'm in a race and I'm in, um, you know, 50th place or something, you know, I? I don't know. Whatever I mean, I'm obviously six hundred thousand, seven hundred thousand dollars in profit is terrific. But you know, let's just say I set this goal.

I'm far behind and you sort of have two approaches. One approach would be, uh, you know, to go all out to risk it all and I either just totally. You know, I end up. I don't know.

This whole year is a wash because I have such a huge mistake. I end up just losing. So in in the race context, you're like, well, if I, if I don't have a chance of winning, I'm gonna, I'm gonna take a lot of risk to try to get myself in a first. And if I don't and I end up you know, having to drop out of the race, then whatever.

No big deal, I'll just try it again next time. Now with trading, I don't want to finish the year at zero, so I'm not going to risk 600 000 on my next trade with the potential to make 1.2 million because even though that would fill the gap and get me up over to about 2 million on the year that risk, you know I can't take that risk. So what I have to do right now is I have to maintain my pace. I have to keep my head down and try to be consistent.

And so something that I said is that I actually would rather focus on consistency, hitting daily base hits and having 20 30 green days in a row. then try to get that lottery ticket hail Mary grand Slam trade. And I think that the reality is that the approach of focusing on consistency and basis is going to be more relatable to all of you guys who most likely are not in a position where you can afford to swing for these lottery ticket kind of trades. So for the month of August, we'll dial it back in, We'll look at the metrics, We'll look at the profit loss ratios.

So here's the month of August: gross Profit: Eight thousand dollar per day average net profit is seven thousand three hundred. This is probably as good time as any to remind you guys that trading is risky and my results are not typical and there is no guarantee that you'll find the same success as me whether you trade on your own or you'll earn from me. So make sure you are cautious in the way you approach trading practice in a simulator before you put real money on the line. So 73 7300 Daily Average: Uh.

profit loss ratio was great. Average Winning Trade: 600 Average Losing Trade: 519. Biggest Loss: 6500 Biggest Winner: 7200 Average hold time for winners Four minutes average hold time for losers three minutes Accuracy: 70 So you know when I look at that, I I don't really feel like there's um, there's a whole lot to critique. uh, in terms of those metrics.

So you know, other months I've had metrics that haven't been maybe as good And I've said, oh, next month I need to focus on this or that. But really, for this month ahead of September, I just need to keep doing exactly what I've been doing. So let me kind of walk you through how I start the day each morning. So what I've been doing each morning, I sit down.

well, actually, what I usually do. I don't have my phone with me right now, but usually I roll over in bed 6 37 and I check the Gap scanner on my phone. So the Gap scanner for Warrior members you have access to it right here. Um, you'd be.

Well, this is, uh, top Gappers for today. Of course. Saturday weekend there's no Gappers, but Um, you could refresh that scanner on your phone in the mornings and you'd see, oh, this is what's um, you know this is what's moving today. So I checked to see how big is the leading gapper.

Sometimes it's only 15, 20 percent and I'm like, uh, okay, not probably a super exciting day. Other times it's 65, 75, 80. So I'm like, okay, we've got a big Gapper this morning and then I'm looking at the float. and the price.

Are the Big Gappers? You know, 98 cents a dollar a dollar? Fifteen? Are these cheap stocks? Or they, you know, in the range of three dollars to twenty dollars? Uh, and then I checked the float. are these stocks with floats of under 20 million shares? And if we have a gap scan where we've got mostly lower float stocks, we've got prices between 3 and 20 generally, and we've got good gaps of at least 50 percent. I'm gonna jump up pretty quickly and get to my desk. if we don't have any of those things, I'm just going to kind of take it a little slower rest is important, and sit down at my desk.

maybe closer to 8 am. So when I first sit down, I open up my platform, I open up the Gap scanner, I open up my charts and everything else, and I start going through the top couple Gappers, and I look at the charts I try to see are they still on the front side of the move or on the back side? Sometimes we'll have a stock that you know pops up at. no, I don't eat breakfast. Um, that's a good question.

Derek, I don't eat breakfast and I don't eat or have any caffeine until I finish trading. Um, that's so. that's my routine. But anyways.

Um, that's not for everyone. but that's just my routine. So I I usually don't eat until I don't start eating until usually like 11 or maybe noon time and then I stop eating usually at like six o'clock each day. So I do this sort of intermittent fasting where I'm just, I eat during that period and then I don't eat the rest of the day.

Uh, so. um. anyways, that and I feel like that I focus really well in the morning. when I'm sort of on that longer fast I trade.

Well, I'm not clouded by, I don't know, it, just it works for me. You find what works for you and then you stick with it. So uh, anyways. so uh.

so when I sit down, uh, I pull up the charts, I pull up the gap scan, I look at the first stock and I try to see if it's on the front side of the back side of the move. So sometimes you'll have these stocks that pop up at like 4 a.m and then by the time you're sitting down at seven or eight, they're already. they've been stair-stepping down basically since that 4 am Algo Spike and they're not really tradable. So when that's the case, I kind of write off the stock is it above V app or below V web front side or the back side of the move and usually I can get pretty dialed in fairly quickly on which ones are still moving up, which ones have potential, and then of course I'm watching the top and the bottom of the hour.

7 7, 38, 8, 39, 9 30 for breaking news. So we'll have the breaking news, Algo Spike and the Way This works. For those that don't really understand this, I'll probably at some point this month teach my Algo Scalping class or kind of a variation of that here on Youtube. but the uh, as you probably know, the majority of volume in the market is generated by high frequency trading algorithms.

And of course market makers use algorithms to make the market providing the spread being on the ask and on the bid. And so when they see an influx of orders come through and this can be from high frequency traders who have their own trading bots that respond to a breaking news headline. So let's say you have a headline 8 A.m partnership with Amazon and immediately these trading bots see that headline and initiate buy orders on the stock. The Algos that make market maker algos.

They see those orders come in and they're not just going to sell an infinite number of shares to whoever's buying because they don't want to become imbalanced on their position. And what if, what if it's a buyout? You know they can't just sell an infinite number of shares at three dollars only for it to rip to 10.. And so what they'll do is they'll pull the offer on the ask and they'll move it up. And if there's more buyers bidding it up, they keep pulling it and all of a sudden you get this rapid squeeze and that's an Algo spike.

So understanding market structure I think is helpful for understanding where you can see these spikes in the market. and you can see them both during these predictable times of breaking news, but also throughout the day. So I look for those types of opportunities. But generally speaking, my first trade.

That's sort of where I carry the most risk because I'm at zero on the day. And so on Friday, for instance, when I sat down, I sat down early at 7 00, 7, 15. I took my first trade at 7 30 and I said to myself, all right, you're sitting down a little early. My goal right now is try to catch five 200 winners.

If I can get five small base hit winners of 200, I'll be up a thousand dollars right? Start to build the cushion. Once I'm up 1500 1700, I've got a little bit bigger cushion. I can start taking a little bit more risk as we get further into the morning. And so those first couple trades, I'm often kind of testing the water, trying to get comfortable, and seeing whether or not the price action feels good, whether or not we're having nice big moves, whether or not it feels like the Algos are on our side as momentum traders, or you know, holding back the moves.

So those first few trades are really important because that's when I'm trying to build my cushion. I'm trying to get green quickly. If I go red right away, then I'm spending the next few trades trying to dig myself out of the hole and make sure I don't go deeper into the red. So that really changes kind of my mindset.

If I can get green on the first couple trades, now, I'm working with a cushion and I can start to scale in and be a little bit more aggressive. And then next thing you know, I can go from up 1500 1600 and I can say all right, I've got. you know, a little bit of a cushion here. Now I can start taking instead of the goal of maybe.

So if my goal is 200, I'm really only risking 200. you can see on my profit loss ratio, it's like one to one risk 200 to make 200. as long as my accuracy stays at 70 percent. with that profit loss ratio, I can make money.

So then on the next trades, I might start saying I'll risk 500 to make 500. and then maybe once I get a bigger cushion, I'll risk a thousand to make a thousand. And as long as my accuracy stays at seventy percent, I can keep scaling into the day like that up until I've hit my daily goal of five grand. Now on some days you know all of a sudden we'll see something just start to really pull away and what initially might be a thousand or two thousand dollars of risk ends up becoming a four or five thousand dollar winner because it moves higher.

And so one of the things that I'll also do is once I hit a certain milestone like five thousand dollars my daily goal, I'll say okay, I don't wanna walk away with anything less than you know, three thousand Today I don't wanna give back more than half of it. So on the next trade I might take two thousand dollars of risk. So let's say that's a ten thousand share order. At 720 with a stop at seven dollars, it goes up to 7, 25, 7, 30, 7, 40..

maybe I'll add another 10 000 shares at 750. and then now I've got 20 000 shares with about a 7.35 average, it goes to 760. and now I'm locking up six thousand dollars on that trade. And just like that, I went from five to eleven thousand on the day.

Now that's just an example because one of the things that I did if you look at my calendar here. um, I had kind of a i don't know I I just June was sort of a choppy month for me. I had a good start and then I ended up losing uh, 15 000 in two days and I was really frustrated with that. I was being way too aggressive.

I was taking really big share size and and this day I was like even green and then went red and I went red. Once got back to green, went red a second time, got back to green and then went red a third time. Like come on man, that's so sloppy and I traded so much I just my commissions were outrageous. So uh, I decided at that point to put a cap on my share size at 10 000 shares and I think I actually initially said it at 6 000 but then I brought it down bro moved it up to 10 000.

And I'll tell you that the first week of trading with that capped share size because in the previous week I was taking 40, 50, 70, 000 shares, I was taking huge positions. I was getting really emotional. I was getting really frustrated. I was trying to hit big winners and it just wasn't happening.

And when you start taking really big size like that, I mean you can't Really, it's hard to have a small loss when you have 75 000 shares. You're either having a big winner or a big loser because your your share size is just so large. Every one penny is 750 bucks at that share size. So it's like you know the stakes are high.

10 cents is 7 500. if it goes up 30 cents, you're up 20 grand. If it flushes 30 cents, you're down 20 grand. So I told myself, um you know I was going to bring it down In that first week I felt really frustrated because trading with you know, what was maybe 20 of kind of my average position.

I felt like you know I'm not going to be able to make money trading with 10 000 share cap and I was frustrated. You know I I would. Whatever. So let's look at this this week.

Um uh so this was five thousand dollars. I mean that was pretty good. This was ten thousand. This was thirty, five hundred, then six thousand, then a good size loss.

And then it might have been in this week that I started to really get more focused because that first week of being in smaller share size I still felt like I was being I was holding. Instead of just for instance taking that 10 cent profit, I was like, well, 10 cents with you know, 5 000 share starters, only 500 bucks. I'll just hold it and then some of those ended up working. but it just wasn't really dialed in.

So I ended up tightening it down in that those last two weeks the winners were so small. You know, I mean you can see these are like eighteen hundred, Four thousand, Twenty one hundred is seven hundred, three, three hundred, four thousand. And then going into July, it sort of continued with these really small green days. But you know, what's interesting here is that uh, after 10 or so nice small green days in a row, I started feeling so much calmer, I started feeling less just emotionally like super Short trigger and I I just I felt confident because I was like, you know what? This is what it's about.

Consistency Hitting these base hits 1500 a day and then I can go out and you know, ride my bike with my son or go to the beach with my son. or you know, do some fun things outside. That was giving me a really good confidence boost. And so then I had these two red days in July uh, 2200 and then 1700 the next day which are really small red days.

The smallest red days I've probably had in a long time. And then I bounced right back and within a couple days I'd made that back no problem. and I actually finished the month with a nice 17 000 green day. This last week was great.

I was keeping share size small and I was like, you know what? that was A great month that was really good, you know I I didn't hit really any home runs, but emotionally I felt great. Accuracy was good and that's what I have to continue with. That's the only way that I'm going to get through this summer. You know it says bear market Summer.

I just got to keep my head down, stay disciplined, and so accuracy was 68 for July. Um, average winners were 350, average losers were 235, and I finished with like 60 000 in in net profit. It wasn't It wasn't anything to you know, so so to speak. Write home about Um, especially relative to the gains I had last year or the previous year and stuff like that.

But but it was good And so I said I'm going to carry that forward through the month of August. And I did I I did increase my max allowable share size to 20 000 shares for the month of August, However, I very rarely took it. uh, I, I just I wanted to give myself the ability if something was really strong that I that I could scale up. but but it was really infrequent and in fact most of the times I did it was on a cheaper stock.

like two, two or three dollar stock. And and I thought that you know, realistically, I wasn't really taking that much risk by buying more shares because my stops were tighter. Uh, and so so I pushed through the whole month of August with a cap on share size at Um, what was it? Um, 20 000 shares? Let's see. Sorry, there you go.

So 20 000 share max size through the month of August and this ended up being the best month of the year. Literally, the best month of the year and I trade with. You know, my biggest position was less than less than a quarter of my biggest positions earlier in the year. So if we look at Um calendar, so this was the month of August.

Wow. Now you know we compare this if if we want to compare and I want to, kind of, you know, beat myself up a little bit. we could compare this to 2021 and you'll see in 2021. this was the month of Gamestop January and then I was just averaging like 300.

this month was slow at 43. this month was slow at 42. but August? um, well, it was about the same last year, but you know these were really good months. and then going into the Fall of 2021, Come on there we go.

Sorry. Going into the Fall, I ended up having a really good October, November, and December. So I am certainly looking forward to Q4 because Q4 is typically when I have. I usually do the best in Q1 the first three months and the last three months, right? So we've just.

we're getting through the end of this typically slow period. Uh, September. So far for me, this year is off to a great start. I'm already at 32 000 On the month of September, we're two days in.

I'm at 32 000 right here. That's a net Profit: 33 and gross. So averaging 16 000 a day 85 Accuracy Average hold time for winners Six minutes average hold time for losers Zero minutes profit loss Ratio: A thousand dollar average Winner: 85 average Loser Can't complain about that. Of course it's only two days of data, But biggest loss so far.

This month is 266 dollars and the biggest winner is 12 000. So my goal right now for the rest of this year is to keep my head down to stay focused. These are the last 30 days of trading and um, just to try to. I don't really care too much about the hot streak, exactly.

I, you know, I guess I've got two, four, um, six, seven, eight weeks since my last red day. You know, which is that that's a nice green streak for sure. But having a red day doesn't matter. And I'm I was actually saying that I might force a red day if I have a day next week or whatever.

Where I um, I'm thinking it's gonna be a no trade day. Nothing looks good. I might just take a trade, buy 100 shares and sell it on the bid and just lose 10 bucks just to break the green streak. Because I feel like sometimes having a long green streak starts to create this pressure of like oh my god, I'm going to have a red day and maybe just forcing a small red day.

We'll just kind of like break that streak so I don't have to think about it anymore. so I might do that next week if I have a day that looks like it's going to be a no trade day. But I, you know, I haven't had a no trade day in a while so that just may not happen. I may just keep having nice solid green days.

So yeah, the goal right now is just to keep my head down to try to be consistent. Start small each day. Once I have a little bit of a profit cushion, start to scale up. Still working with a 5 000 daily goal that equals 25 000 a week.

That's 100 000 a month. And that means my goal is 100 in September, 100 October, 100 November, 100 December. So I want to add 400 000 to my current profit and finish the year over 1 million in net profit. That's my revised goal, you know, um, it's less than what I had set as my goal for the beginning of the year.

But at the same time you know market conditions have been what they are and I have to adjust my goal I don't think that it's been necessarily harder this year to hit base hits, but I think home runs had been have been fewer and further between. And because I started the year with some bigger losses now, I've had to get myself kind of just not even thinking about trying to hit any home runs, but just trying to stay green and stay. You know, consistent. So that's the focus right now.

Uh, and that's uh. you know that's where I'll be at. Um on Tuesday morning. We've got the market holiday here on Monday, the fifth for Labor Day, and then we'll be back on Tuesday, And I'm hoping to fill in the rest of the week with some nice slow and steady green days.

You know, I mean, I wasn't expecting these big green days I've been having, but I'll take it now. a question there on youtube. Am I selling short? All of these trades are to the long side and so this year, Um, I can show you. Let's see.

So let's go from January 1st, so January Since January first. this year I've made eleven thousand dollars in my main account, which means I will owe tax on 11 000. the rest of the profit from this year is in my retirement account. Which means I've got net profit of 650 minus 11.

So 641 000. That's tax free. That's A. That's a pretty big deal because the reality is, you know if you make a million dollars, but then you pay regular income tax on if you're making a million dollars, you're gonna be in the top income bracket in both federally and in most states.

So just like that, you're gonna give up thirty percent of that to the federal government and you're gonna give up another maybe zero depending on what state you live in. To you know, 10 12 depending on if you're in like a high income state like California or New York and you're looking at a tax rate of over 40 percent. So take 400 grand of that and say goodbye. So I think it makes a lot of sense.

If you can to trade as much as possible in a retirement account, you are giving yourself a gift for the future Because this million dollars that you know I hope to make this year and have almost all of it in my retirement account. Does that help me today? Pay my bills? No. But for every dollar that should be worth at least three dollars down the road. So that one million should turn into three million dollars 15 years down the road just based on compound interest.

Now I've already grown that account because I started with 583 dollars. And what I did when I start with 583 dollars in my account and I can, um, let's see, let me just pull this up here. So I start with 583 dollars in my account Uh, I'm gonna go to my verified earnings down here. So for those that are curious, um, I I put my broker statements on the website.

So uh, 2017 is when I began a small account challenge with 583 dollars in January. So January. Once I made my first six thousand dollars. Once I had made six thousand, I was able to contribute into a Ira account.

So I took of the 335 000 in profit that I made in 2017. I took 6000 which was the max allowable Ira contribution and I made a 6 000 contribution. In 2018, I did another six thousand dollar contribution and in 2019 I did a third six thousand dollar contribution. So I donated 18 or contributed 18 000 to my Ira and from that point I traded it and just kept growing it.

So the total profit that I'm at right now is over 10 million dollars and I've been able to grow a lot of that in a tax free retirement account. So I'm at. uh, as the end of June. I've gotta upload.

Um, gosh, I actually thought I'd already put July up there. I have to double check that. Uh, but anyways. Um, I've gotta upload July and I've gotta upload August.

So I'll do both of those today for you guys. So um, yeah, I mean, I think it's a really good idea if you can. Um, I understand if you know you're just right now trying to make 100 200 a day and use that to pay some bills, That's fine, but you know when you get to a place where you can save some, then trading in a retirement account makes a lot of sense. So anyways, that's my.

um, that's my two cents there. And uh, you know I have to remind you as always that my results and experience trading has not been typical. so there is no guarantee that you'll find that same success. Whether you trade on your own.

you learn from me. so make sure you take it slow. But we do have the Labor Day sales going on right now. So um, at Warrior Trading Back to School sale, right? So kids are going back to school.

Why aren't you all right? So you could save 40 on the Warrior Pro bundle or on the Warrior Starter Bundle. So these are our two sort of most popular Uh packages or bundles at Warrior Trading. The Warrior Starter is a 15 chat includes a 15 chapter starter class which is the basics of how to start day trading. It also includes access to the day trading chat room and it includes access to a simulator so you can practice trading in real time and it includes access to our scanners.

Most members who join the starter will eventually upgrade to the Pro. The Warrior Pro Bundle includes access to the starter, but it also includes access to what a lot of people really like and what is our flagship class, my 20 chapter small cap day trading course And that's what walks you through my strategy that I trade every single day. When I first started teaching these classes, one of the goals that I had was to try to articulate all of the nuances of my strategy because one of the biggest critiques at that time and it continues to be we have members that'll join our classes and become part of the Warrior Pro membership after having taken classes somewhere else and the biggest critique that they'll give me is that I took this class and it was like it was like watching a the trailer for a movie. You know it's like cool and I got interested but then I it was like over and I didn't walk away with the actual nuanced detail of how to actually find stocks each day to trade.

How do I actually find like you know they would see examples of trades that you know this person had taken and they're like well. But how did you find those trades? How do you find those stocks And then how did you decide exactly where to press the buy button? How did you know how many shares to get in? How did you know what your stop was going to be? How did you know what your profit target would be, What gave you the confidence to pull the trigger And those are the nuances that you absolutely need if you're going to start trading. And so that's what I put together as part of this curriculum. Now I'll say you know in full transparency: this class is not for everybody, both from a cost perspective.

And there's a very real cost of me providing all of this. especially the tools, the scanners, the simulator, um, the chat room. We have a development team that works on all that stuff. I mean, there's a lot of overhead that's related to this, but this is also a strategy.

The small cap day trading strategy for trading momentum. and you have to be able to day trade. You have to be able to set aside the time each day. So if you're someone who you know, you can't trade during regular market hours because you already have a full-time job.

This strategy that I trade isn't going to work for you right now, right? You won't be able to practice it because the market will be closed by the time you get home from work. And it's just, it's not going to work for you. So this is going to work. In terms of this type of strategy, it's going to work well.

It's going to be exciting to people that are willing to take risk, are willing to be aggressive, have the time to do it, and you know that's not for everyone. So you have to make that decision for yourself. And I have to. You know, I'm just telling you like it is.

So you make that decision for yourself. Um, but what a lot of members will do is they'll go through the starter program the whether by joining just the starter bundle or joining the pro. Then they'll go through the small cap class top by me and then they'll check out some of the other classes. We have the large Cap class taught by Mike, so he focuses on trading large cap stocks and he focuses on swing trading, so that's a slower strategy.

It's not as fast, it's not as frenzied. it's not as aggressive. It's not probably as popular, but for some people it's a better fit. We've got the Active Investor course also taught by Mike.

We've got swing trading and options trading taught by me and Mike and then I've got a a Rehab class and some of you you know, you know, you know if it's time to check into Trader Regat. So for those of you who have lost a lot of money, you've made some really big mistakes. You're super emotional. every day feels like you're going to take crazy risks because you have nothing left to lose.

You need to go into Trader Rehab because you really have two choices. You can either keep trading the way you're trading now and very likely blow up your account and you will be done. or you can make a very affirmative decision to make a change. And so through that Trader Rehab class, we designed a Trader Rehab plan of this is how to trade.

This is what you need to focus on in order to break that emotional cycle. And I've I've fallen into it myself. I mean, I even felt fell into it earlier this year, which is why I put myself in this position of capping my share size. That was like a modified Trader Rehab program.

You know, I said I just can't let myself keep doing what I'm doing because I know what's gonna happen Now it's easy for me to say that having seen traders go down that path having gone down that path myself. But you know, for people, uh, that are, uh, you know in it, it can sometimes be hard to to to know that that's what's going to happen, but that you know that's the reality. So Trader Rehab? Um, it's a five chapter class that I taught with Ted and Diane who run the trading psychology program at Warrior. They're both licensed mental health workers.

They're really good at this type of stuff and they work with day traders pretty much exclusively. I've also got a class on day trading in an Ira. so I walk you through the process of opening a retirement account. How to fund it? How to start trading a retirement account.

Obviously we don't take deposits like we're not a a broker so you will have to Fund an account with whether it's Td, Ameritrade, or Lightspeed or E-trade but that's your choice. And then um, I've got my live trading archives. So these live trading archives which are always fun to watch and I can show you. um I could show you an example of this one.

Let's see um which one? Um um okay. I had one. um right here. That was pretty good.

So this was on um drug. so through this live trading let's see worked my way from three thousand up to Eight thousand Ten thousand Twelve thousand. So you can re-watch These live trading archives. Looks like just up to about eleven thousand Ten thousand Nine hundred.

Um, but these live archives. You can see how I'm routing my orders, how I'm sending my orders. You can see what I'm looking at in real time. These are, um you know this is what this is like.

The Nuance: This is what connects the the theory of the strategy with actually in practice trading it, pressing the buy and sell button, getting and getting out. Brad's asking, will it work for me In Canada we have another a number of traders that are part of Warrior that are from Canada. We have traders that are really from all around the world. so yeah, that's not a problem anyways.

Um, you have access to Mentor sessions, trade another trading psychology class here, so that's part of the Warrior Pro curriculum so hopefully you guys will check that out. Uh, we've got some, uh, the sale going on right now. The coupon code is School Spirit 40. That would save you 40 on either the Warrior starter or the Warrior Pro.

All right, So I hope you guys check that out and and I'll be back at it. Of course on Tuesday morning we've got the long weekend here, but Tuesday morning I'll sit down. Hopefully we have some good stocks on the scanner. You know, sometimes coming back after a long weekend I I kind of try to ease back into the market.

I don't want to have a big red day you know, the day after a long weekend, so I'll be a little bit more conservative on share size. Try to kind of get myself up 200, up, 300, up, four hundred, then to a thousand, fifteen hundred, seventeen hundred. And if things feel strong and it starts to open up, I'll keep going. If things feel slow and it's starting to cool off, then you know I'll scale back and that'll be a slow day.

On Tuesday, I have to trade the market I'm in. That's the most important thing. so thank you guys for tuning in. I'll put a link to a couple other episodes right here that you guys might enjoy and I'll see you back here on Tuesday morning.

Have a great weekend and I'll see you on Tuesday! Bye everyone you.