What's up you guys Happy St. Patrick's Day Alright, I'm wearing green but I'm finishing the day in the red I am so discouraged. Really wanted to be green for St.. Patrick's Day I tried my hardest.

I traded 16 different stocks today and despite all those trades, I was not able to get myself free. So did I over trade today? Yep. Did I go. Did I go green to red? Yep.

Does that usually trigger me to over trade and be aggressive? It does. And the problem for me today was that on my first three or four trades, I I was up about four thousand dollars and then I took a trade on a higher price stock and lost five grand just like that I was red on the day and I was like well, alright, I'm down a thousand on the day I've been taking some late morning and afternoon trades the last few days. I'll be able to get this back to the next next. trade was down almost 6,000 on the day.

No. I was like I just went from up four grand to down six grand. This this is not good. That was my morning and then I made back all the losses was actually up $21 on the day.

Pretty awesome. and then I watched five grand had it almost completely start over so well dug myself out again. I was down 800 and then I had one last trade and I lost 800 on it. so down 1600 on the day I couldn't get green I tried I couldn't do it.

Not today. So look to trade another day. the 10,000 11,000 from yesterday was awesome today. Little pullback still green on the week and hopefully tomorrow we see some better opportunities on the Gap scanner.

and you know I'm able to restrain myself a little bit more so I don't have that just big sudden $5,000 loss and then the best part of the morning is already behind me in. My odds of making it back are just gonna get lower and lower and lower as the day goes on. And that's what happened today. So the best time to trade typically for me is the first first hour.

so be back at first thing tomorrow morning. I Hope you guys enjoy the recap! Happy St. Patrick's Day Use that coupon code it's on the website you want to join us today for St.. Patrick's Day and I'll see you guys first thing tomorrow morning.

All right, what's up everyone? All right? So we're gonna do midday market recap and go over the trades from today. This was another wild day in the Market St. Patty's Day I'm wearing my green but I'm gonna close the day in the red I'm down $1,600 today and I'm so bummed out because it would have been so nice to lock up my eighth consecutive Green Day But you know, the end of the day down 1600 is not the end of the world. so we'll go over those trades a second.

Lots of trades today. Market extremely volatile again. We had White House press release 11:30 to about 12:30 that was going on right here. That gave some great opportunities and today was a day where I traded I trade it a lot I mean I really did if if it was moving I was willing to jump in and my biggest winner today was on Vicks the XX My biggest loser was BN TX and there's a lot in between.

Let's see today I traded 2, 4, 6, 8, 10, 12, 14, 16 different stocks or ETFs I think that's a personal record and it would be nice if I was green. So I felt like all that trading was really worth it. but um I'm not. so you know what can you do and it's it's not the end of the world so let's let's see where I don't even know where to start.

Um, let's start with I Guess we've got our Gaap scan here snd II we can look at this one SN de here. So this one right now currently SN de up to hundred and 99 percent. It opened as a gap with an open up here at $3 and shortly after the ballot did a red to green move. Right here.

it squeezed into a halt. one halt, second halt, third halt squeezing up to a high of 660. this one I took a couple trades on and my best trade on. it was actually a dip buy into.

Basically it looked like it was gonna halt going down and I got long. Let's see where was this? This was a nice set up here, but this right here was actually my best entry at four. I believe was 448. So right there at 448 and it bounced from 448 all the way back up to a high of 594.

The only problem is that I decided to add right here. Whoops! we get my arrow! So I decided to add right here and on This it popped up to 94 and then did a false breakout and I actually stopped out right here. So that was kind of a bummer because I had a nice trade and then I ended up giving back some of the games. but again at the end of the day, not a big deal.

up four thousand, four hundred thirty-seven dollars and let's see. My very first trade today was actually on FL GT which was also on the Gap scanner right here. So SN de these are the headlines that were out today. A couple nice trades on it.

not the easiest though and it didn't really hold its levels which is kind of pointing FL GT Kind of interesting as well. It had this consolidation here pre market as you can see so I actually took the trade for the break of the pre-market high, but I got filled a little on the high side at 9:50 I used an offset on my order and I got failed too high and I only got a partial fill. so on that I got filled at 49 50 and I took my profit before it halted. I Just said, you know what? I'm not really interested in overstaying my welcome on this.

so on FL GT I made five hundred and forty five dollars. So that was my first trade other day. Um, but I don't know if I I don't even know how to do this. Recap if I should do it by stock or by the order that I traded I'm just gonna do it by stock.

So I don't lose my place here. obviously I didn't have all of these winners in a row and then all of these losers in. or oh, that would have been a devastating day because I would have been up like 15,000 and then God did down 1600. It was win-loss win-loss win-loss win-loss Pretty much that's pretty much how my day went.

So this is my first trade FL GT Then we had a PRN This one was a continuation setup and we actually had a really nice break here. Of 550, this was super clean. break of 550 a squeeze up to six, a halt and open. From the halt in the squeeze all the way up to seven.

this is was one of my biggest winners and became one of my bigger losses because I Got back in in the afternoon I took I took some afternoon trades today and this was where I got in I got in for the break of seven right here and we got a nice break of seven and it popped up to a high of 715 and if I show you on the sort of micro timeframe here, let's see where was it. Um, was it right here? Yeah, it must have been right here. So I got in right here for the break of seven. that was right here.

it pops up to 706, it drops down to 687 and pops back up to 710. but in this breakout here I got in and I and then I got back in right here cuz I was like oh well, this is strong. it held that level so I'm back in and then it pops up to 715. it hesitated I added right here for the break over 715 thinking that on the 5-minute chart, if this breaks over 725, we're looking at back to high a day.

In this next candle, it dropped to 703 and I was like alright, well you know I'll give it a second. Let's just let's see what it does. The next candle it drops to 687 and I was like guy Danya and as you can see, it ended up wait. let me go back for a second.

I just want to make sure I'm looking at the right spot. No, okay, okay, okay, okay. um I didn't realize it came back up a second time. Wow this was the where I took my trade 14:33 so we got to go back here.

Um, 14:33 Okay, sorry it's it's very similar. breakout all right. So this was the trade right here. Break up seven.

Alright, so I'm in I take my profit, it pops back up I Then got back in at 7:15 which was the high of this level. Right here it hit 720. Alright, fair enough. And then in this candle it drops to seven and then in this candle it drops all the way to 650 650 and right here it drops to 625 to 615.

I Honestly was shocked I mean I expect those types of drops from TV IX and and via vixx vixx. but I didn't expect it at all from this stock I really didn't Probably not alone in that this was one of the highest volume candles of the day right here after the open. So in that trade I gave back all my profit that I had him which was really disappointing and so that you know that's it's it is what it is. but so at that point in the day that was later in the day.

but a PRN I had a couple nice trades on it at the open. but then later in the day I was in red. I was trying to dig myself out of the hole and take a couple small base hits. I was like if I can get 500 here and five hurt there, you know it's gonna put me back in the right direction.

I Didn't really think I had a chance at getting back to Green today, but I thought if I could cut my loss in half, that would be a step in the right direction and I was able to do that. But yeah, this was a disappointing one. So a PRN so I've lost track of how I'm doing this. recap again: I guess looking at the Gap scanner from from when I started this morning I was looking at FL GT how did the gates took a trade on that made 500 I was looking at a PRN out of the gates took some trades on that made about $3,000 so I was up like $3,500 and other stocks on the Gap scanner I wasn't interested in BG I WT AR H or MB Rx.

these are all too cheap but bien. TX I was kind of interested in its coronavirus sympathy stock coronavirus headlines it it looked like the type that maybe could get a big move. this is all-time high. It has no resistance and sometimes stocks like these they gap up and you do get a really big move and in this case I was wrong and I took my first loss on it right here.

I got in at $65 and I bought 500 shares and then I saw seller at 65 and I was like okay the seller is the shares are getting bought so I'm gonna add so I had another 500 then I had another 500 side 1,500 shares I was looking for an immediate break over 65 and rip up to the high of 67 66, 69 or so and then a retest the pre-market highs right here: I got smoked I got totally smoked on it and on that trade I lost five grand so right there I went from up 4,000 on the day to down like 1200 and that was this was at nine well 10 a.m. So at that point I was I was just again kind of like a PRN almost just shocked that it dropped that much and maybe I was being overconfident I don't know, maybe I was being overly optimistic but I just didn't expect that but I should have expected the second time I traded it so I got back in it on this micro pullback right here I was in at 74 it hit a high of 76 I held I didn't sell any I was like I guess trying to make up for the first loss and then it comes back down and stops me out a second time for a $2,500 loss. So two trades, two losses, this one's on the blacklist. I will not trade it again and it's interesting how with 1,500 shares and 500 shares how how much I lost whereas over on Vixx Vixx I was trading 3000 share positions pretty comfortably and really did quite well on this.

So my trades on VIX where I had some really good trades was this reversal down here off the low and this was while Trump was doing his press conference. So a nice trade here. a bounce off the lows and then buying the first pullback right here and riding the momentum on this now again, I'm not looking super closely at the VIX chart when I'm taking these trades because it's based on what's happening in the Sp500. So I was more watching the Sp500.

but it yeah, it's kind of just a little bit of a tricky thing. So first the market really pops up and then it really reversed hard. So let's see we've we've talked about VIX a little bit. we'll talk about it more SN de we talked about FL GT J now got cover, half will cover and backs okay PG n o PG n let's talk about that one for a second.

So Opie GN this was a stock that I trade yesterday and did pretty well on and this morning it had this kind of little pullback here and popped up. I had a couple trades on it and lost on both. The first one was right here for a break over B whap and I lost and then I gave it a second try and I lost again. So I was like alright, forget it.

not A big loss really but two losses MRNA and a coronavirus stock. this one I had a smaller loss on as well. it was. Where was this? I actually think it was right here for a flat top breakout and it was a false breakout and I stopped out as it did that false breakout and I was annoyed because I looked back a little while later and it was up.

but you know I didn't want to hold through that kind of pullback. so I cut my losses on him T Doc this is a teleMed company I traded this during the White House press press hearing and a release or whatever it's called briefing and this was kind of disappointing because again very choppy. I got in at let's see it was 120 I think it was 127. It was like right? it was right around here looking for the first one minute.

Campbell making new high I anticipated my entry and with 500 shares and I lost two dollars a shares it dropped back down. Of course it ended up coming back up. so whatever. but again you know I didn't want to lose $10 a share on 500 shares.

so a couple loss to $2 a share lost a thousand bucks. So those and then Lu V is southwest. During the press briefing there were there was some mention of airline stocks and so I took a trade on this and made $67 It's nothing to be super excited about. Delta also moved up during that same period so did American Airlines But yeah I just didn't capitalize on that very well and backs.

This was a very quick trade. We had momentum coming up here and I actually took the quick breakout micro pullback right here for the break over $10 Quick trade but a big rejection. It didn't hold that level so had to get out of that pretty quickly. and HAP h AP p There was a headline on it about beginning production of these masks and I took a trade on it on a break of this area here.

although my entry was a little higher and we hit a high of 65 but didn't really hold that level so those were kind of my small trades. Jaehnig was also a small momentum trade and then we'll get into. well let's see. Um yeah so Jane ugh.

the break of 13 was the trade there and it broke nicely but I kind of screwed it up so whatever. Okay, so those are a couple of my trades. um the way I traded today I went green first on FL GT, then on a PRN and I was up about 3000 $4000 then I lost five grand on BN TX and I was down a thousand bucks. Then immediately after that trade I bought Gr IL and that put me down five thousand on the day.

actually almost six thousand. This I got into as it hit the scanners it was I believe right in here and it dropped as you can see and it was a pretty nasty drop and I took 10,000 shares of it so that was disappointing. That was a pretty good sized loss having two losses back-to-back I was too aggressive on BNT X and then as soon as I saw Gral hit the scanner had jumped into it. It was a little impulsive and I was I think trying to make back that be NTX lost really quickly and I just basically at that point felt like I'd ruined my day.

I was down five grand but that was just before we went into the press briefing and then during the press briefing I had a couple of nice trades. I was able to actually dig myself out of the hole to being up 21 dollars on the day, I was up 21 dollars on the day but I kept trading and maybe I should have just walked away there and said hey, you know what, it's a narrow miss on what could have been a really big red day. Twenty-one dollars is nothing to be excited about, but it's better than being red. I kept trading and I kept trading because I kept seeing opportunities and this is.

this can be a tough thing with trading just kind of continuing to get sucked in and then you're taking next trade, next trade, next trade. So with the Sp500 I don't buy SP Y as a stock or a ETF it's too expensive. So what I end up doing instead is I trade spxl which is the Sp500 leverage times 3. So right now let's see Spxl is up 10% SP y is gonna be up probably three and a half percent, four percent.

so it's usually about times three. All right. So 4 percent and 11 percent SP XS is gonna be down about 13 percent. its inverse but also leverage times 3.

so on SP XS this was actually a really awesome trade. this one I feel pretty good about So what? I did here and the S&P 500 and let me pull up on another chart over here. So this was the S&P 500 and this was coming in towards kind of the end of the day we were bouncing off. Let's see, let me just get my arrow.

Okay we were bouncing off this trend line right here and here. and so when I saw that first bounce and then the second one I was like okay so wait I am now I'm trying to remember which which traded it was this. so SP XS I got in at 1965 and that was gosh now I gotta go look now I'm all confused. Okay so okay.

yep so it was right here. So so basically this is let me draw this trendline all right. So we're gonna mark from here to here. So this bounce right down here at 1544 was actually the one that I took so the market.

so this was selling off and this was we go over here. So 1544 this is where the market hit this top trendline. that's why I was all turned around okay sorry it was when come on there we go all right. So it was right here.

so when the market hit this trendline here. So I had a bounce on Spxl down here which I bought long and I took a long and SPX s which is a short on the market right here at 1544 and this was looking for a quick squeeze. Let's see where was this trade from 1970 up to $20.00 So is this quick bounce right here from 19 the lows 1960 up to 2036 which was a really pretty clean bounce right there so that was bouncing off of support as the SP was hitting its resistance level. I will say that sorry LM put on the better view for you guys I don't know why I'm on that view sorry about that for those of you guys on Facebook so I can barely see what I'm looking at.

So I will say that this has been a kind of difficult couple of days because I'm watching so many things at the same time. Over on the Left, I've got the S&P 500 and then over on the right I've got SP Excel and then I've got T VIX and I've got as P X s and VIX and you know it's just it's a lot to watch and there's been a lot of opportunities. Yesterday was a great day. I was up a little over 11 just about 11,000 which was very nice today.

I kept looking for that stock or the SP to make a big move and even though the markets up 4% out, Jones is up a thousand points. The biggest moves were early in the day and although I made some good money on them, it wasn't enough to recoup what I've lost on GRI Ellen NBN TX And so through the afternoon I kept looking for stocks or the SP to make bigger moves and and you know I I did make back some money which was good. My loss is on GRI l + BN TX were a little I was a little too aggressive on my share size I BN TX the pull backs were fine, but you know I was trading something outside my price range. Granted, so it was almost everything on this list today, so you know I'm not going to beat myself up about that too much.

but bien. TX just went wrong and it happened really fast. gr IL went wrong. It happened really fast and then I spent the rest of the day digging myself out of the hole and I was almost out of the hole and then had another big loss on a PRN And that's when I was only down 21 on the day and then boom, another big loss and I had to dig myself from.

Let's see, so if we look at my P&L on the day it starts at zero, I go up 500 and then I go up three thousand up to about four thousand. Down a thousand down five thousand, almost six thousand. then from there back up to twenty one dollars and then I lost five thousand on a are a PRN and then I'm back up now to minus sixteen hundred I was minus 800 and then I have a last trade that was an $800 loss. So choppy, dead chop-chop-chop-chop and ya couldn't get on the green side of things today which is disappointing, but it's the first red day in the last eight days.

I had seven consecutive green days I really wanted to try to finish today Green I tried as hard as I could I couldn't I couldn't stay green I couldn't get green by a reasonable amount and I couldn't stay green so I was at least able to cut my losses which is good if I was closing right now at low of day I was down six thousand, you know I think at that point I would feel I would feel really disappointed in myself for having such a big loss and I would feel like I didn't capitalize on the opportunities to try to at least maybe not get myself all the way back to green but work my way out of the hole. But yeah, today boy a long day and I don't have a lot to show for it. but again, you know this is better than being down six grand. so glasses is is half-full when you think about it like that and I'll be back at it tomorrow.

I would like to say that tomorrow I'll trade less stocks if I trade more stocks tomorrow. I would be shocked because I think 16 is now my record and yeah you know if I'd if I'd been able to avoid this be NTX trade I probably would have been finishing today today up 2 or 3 grand, maybe four or five grand the most I probably would not have traded until the bell rang I would have at some point much sooner throw in the towel but you know I dug a hole and I had to start working my way out and so this is where I'm at right now. The overall market in a lot of ways looks good for a bounce into tomorrow. just you know.

Sort of a double bottom off of yesterday's low here, so maybe a little bit of a reversal. but I and I even asked myself I was like Ross well you know what do you think about maybe holding Spxl overnight and I said I said shut your mouth because that's not my strategy. holding overnight to try to cuz I'm down sixteen hundred bucks? That's totally silly. it's just it doesn't fit within the strategy.

So I quickly talked myself out of that and I'm all cash and excited for tomorrow morning. Hopefully we see some good opportunities the last few days. It's been really hard because on the one hand today we did have some momentum and small caps with a PRN but you know Snd II was not easy I was a little aggressive on my share size but it wasn't easy to trade. Jana is a that's not even a small cap really HAP was not easy and backs not easy and then these want this one and ultimately ultimately today I am down on small caps I would say it looks like and I'm in good shape.

On my best trades were on the mix Bxx SVX y SP excess and then Spxl I'm down 1100 on. So even though the markets up four percent I'm I'm red $1,100 trying to trade the market to the long side, the drops to the short side were just easier to trade for me today. So anyways, quite a day and I would love to trade in these markets for the markets we had back in I don't know November December where I could trade for an hour and see some really solid momentum. but right now the overall market is just set up such a point of focus that it it's detracting.

I think it's detracting volume from the small cap market and so that's making follow-through not as consistent although we're seeing follow-through on some not on all and so it's a little bit hit and miss which makes it hard to know which ones. The one to be aggressive on I was aggressive on GRI L didn't work I was aggressive on snd e at work they cancel each other out, you know, so country. but I'm I think I'm just proud that in the last seven days as the market dropped 30% that I was Green And even though I'm red today still been a nice run so be back at it first thing tomorrow hoping for some momentum. So I'll see you guys first thing: I'll be live-streaming at 9:15 on YouTube Alright so see you guys then bye everyone Hey did you know every morning I Go live to stream at Free Market Watch list.

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