What's up, everyone? All right? Well, what a way to finish the week up. Ten thousand, Five hundred, Ninety Three dollars, and Fifty five cents in the first hour of trading. Add to the eight thousand I made yesterday. That's eighteen thousand in two days plus the five thousand on Wednesday Twenty Three thousand dollars in three days of trading.

Not bad at all. We are seeing some momentum, so that's what it's all about. capitalizing on the volatility. I'm just glad that we're coming to the end of what is typically the slowest month of the year for me, and I'm grateful that you know, even though things were tough during the first two weeks of August the here on week three things really picked up.

This is one of the best weeks we've had since July and now we're gonna come in. We're gonna try and finish up the last week of August Strong going to Labor Day weekend feeling good with some momentum and then hey, September fall. We're right around the corner and that's when things really pick up. So I think hopefully now we've kind of gotten over the hill and we're on the other side.

I mean kind of coast to Christmas Alright, so enjoy the video today. The recap questions and comments as always put in below tomorrow morning right around. Well, between 11:00 and 12:00 I'm gonna go live on YouTube and on Facebook So you guys jump over refresh between 11:00 and 12:00 you'll see me streaming. We'll talk about the PDT rule.

We'll talk about setting up trading stations I'll talk about the trades on any te and F f HL today and I'll just answer questions if you guys have. All right? So that's tomorrow. and in the meantime, enjoy. All right everyone.

Well, here we are. at the end of the week, another really solid day of trading for thousand dollars of profit in my retirement. Six thousand five hundred in my main account. So that's a ten thousand dollar green day.

Yesterday I was up eight grand which was the best green day I'd had of the month and now I'm up 10 grand today. So this again showing how the winners are often clustered together. The big green days are clustered together because when the market is hot, momentum is hot. that's time to put the pedal to the metal.

This week, just in the first hour of trading. Let's see ten thousand today. Eight thousand Thursday. Five thousand on Wednesday.

So that's twenty three thousand dollars. Twenty four thousand adding the thousand from Tuesday and another five thousand on Monday. That's twenty five thousand dollars just trading the first hour each day this week. Not bad at all.

I Mean that's that I can feel good about. Obviously, you know trading past the first hours when things get a little risky and even today, trading past the first hour. I did take this pullback trade on FF HL This is right around 10 a.m. That was a great trade and then I took another trade right here for the break over 75.

I made another about fifteen hundred dollars on that break but then added back up here around six thirty five, gave back five hundred on that drop and also gave back about five hundred on a false break of six right here. So I ended up giving back a little bit. but you know this is one of those things where I don't mind giving back a little bit of profit as long as I've you know got some some good games on the day. Every single day you trade, you are either leaving money on the table or you're giving back profit.

You're always doing one of the other so you know it's up to you to decide which you prefer to do and which one bothers you the least. You know, for me, it hurts me more to give back profit than to leave money on the table I get a little bit of FOMO when I leave money on the table I get a little disappointed that oh man I should have kept trading I should have you know, kept trading through the whole afternoon I would have done so much better or made so much more and so I get FOMO But when I give back profit, you know I was up about 11,000 almost 12,000 at one point today. So giving back some profit and being up only ten grand, you know that that to me, that's okay today, but generally giving back profit for me feels worse than leaving money on the table. So that's why I need a walk away before I give back profit Now you guys who are in the chat room I'd Love for you guys to type how much you made today what your P&L is I Know we've only got about 900 in the room still and we had a lot more in the room earlier today.

but you guys go ahead and type: so JB Nine thousand, Two hundred Eighty Four dollars matt72 hundred Two thousand Jesse Eleven hundred Andrea And who's this? Mike You've got two hundred Forty-five That's a real money account. You know good job. I mean progress is progress Jeff Three thousand Six thousand Three hundred. Let's see where was I Saw a couple others up here and I know some of you guys are trading in the simulator so I'm not sure So Sim: Yep, so 1,400 Sim for twenty Three thousand Two thousand Three thousand.

So you know this is this is a stock where there was a lot of opportunity for profit. eighteen thousand on the week? Nice. Clarence Is that real money? or is that Sim daily Goal rub. Good work man! You've been working at it for a while.

Twelve hundred, eighteen hundred, Five hundred, Fifty Five hundred or fifty One hundred on paper. Sixteen thousand Six thousand and the Sim so you know. Great job those are you guys watching on YouTube or Facebook These are traders in the room that are all on their journey. They want to make a living trading the market one maybe two hours a day.

It can be done the the success from trading comes from having the 3ds dedication, discipline and drive. That's what forces you to follow the rules. So you know those of you who are you know, watching from the sidelines or you're trying to kind of figure out how this works. I have a strategy for trading that with our students and this is a strategy that helped me take a $583 account and turn it into over a million dollars.

This is a strategy that you know I've been using of course here this month and this is when it really shines when we have stocks that make big moves like this. and so let's kind of break it down on FF HL The one trade on CGA is kind of like a $240 trade. It's not a big deal I can go over that briefly, but let's do timeframes. So historical Day 925 Let's see what's going on here: 9:25 a.m.

All right, and I want to remind everyone that everything in the room is educational in nature. I'm not a financial advisor I Can't tell you where you should be buying and selling I can't give you individualized investment advice, but what I can do is I can teach you the strategy that I use every single day. If you guys want to learn more about our disclaimer, you're welcome to see it on our website or in our description on these videos. All right! So F F HL right? So we've got our Gaap scanner here.

so leading gapper this morning was F F HL. However, it only had about 340 thousand shares of volume. It did meet all of my criteria for being a stock worth trading, the price below $10 gapping up more than 5% It had news on the day above average volume, low flowed history being a former runner. So check check check check check all the boxes which is great.

However, just before the bell it kind of dipped down here and at the time was to me looking sort of weak so I was a little hesitant on instead. I Opened the day by focusing on opt Opt I didn't take a trades on it, ended up opening and selling off, opening below the view app and just going lower. Had over two million shares of volume pre market so that was Opt T CGA pre market. A little bit of consolidation took this trade here on a red to green move but it didn't hold that level and I got stopped out with a small profit.

so F F HL on the 1-minute chart I was oh let's go down to like a 10 second chart just for the heck of it. I don't use these really while I'm trading but when I look back on stocks, it can be helpful. So I saw some of you guys trading this right at the very beginning of the day and I had I'm in order ready I think it was right around 4. No, sorry 3 I know this thing's really moved 350 so the bell rings, it's taps 349.

it pulls back and I was so close to pressing the buy button there. but I say you know what you had a great day yesterday. You made $8,000 don't give it back today. let's just wait for a little more confirmation because at this point it had just flashed down to 326.

So that meant that if I got in at 350, I was risking 25 cents per share even with just 3 thousand shares. that's a that's a fairly big stop. and I don't like to trade with just 3 thousand shares I like to trade with 6,000 to 9,000 at a minimum and this one just felt a little risky. so I hesitated.

It then rips up to 370 and I was like oh man, All right, well don't chase it, hold your horses it then drops back down to 335 and I was like that's right, that's why you don't chase it and that's also why that trade was probably a little bit too risky. So I'm gonna I'm gonna just hold off on this and then it rips back up to 370 and I was like dang it man, this thing is all over the place. It it drops down, it rips up, it drops down, now it's back up and it rips here all the way up to 419 and now I was feeling FOMO I was feeling like you know this is almost as good of a move from 352 for 19 as we had yesterday On any te where I made $4,000 and got my start on the day and I saw some of you guys posting the room that you were already up 1500, 2000, 3000 dollars. Some of you guys were already at your daily goal and I hadn't taken my first trade yet so I was feeling some foam owned I said all right, well just just hold tight, hold tight.

let's wait. So it starts to pull back here underneath 4:20 and this is technically a one-minute pullback. but I didn't buy it here because it dropped all the way to 380 before coming back up and I felt like I can't trade that, that's too risky and then and it does sort of false breakout. it only breaks by 5 cents, it then comes back, it then breaks again but only by 5 cents and I was like huh, this thing is a little tough, it then comes up here and when it breaks right here on this high volume, this is where I said you know what at this point I think it's gonna break over the half dollar and now it's my stop.

isn't as far away because I mean my stop technically high view down there. but I really was gonna put my stop right here which is the low of this pullback which is 30. So I took my starter right here for the break. over the half dollar we got 45, a little hesitation and then we broke the half dollar and this is where I started to do well.

Alright so you know I kind of moment of truth here and this hesitation at the half dollar at 47. I was nervous but when it started to open up, then I added up here in the 60s and I added again in 80s. Basically what I was doing here was adding to my position. So my initial entry was down here and then when I added my net my entry average cost went up here and then it went up here.

but then by the time I had full size position my average cost was 60. It squeezed up to 5 and I sold my position and just like that I made actually I think on that trade I only made like $1500 I can't remember it wasn't it? That wasn't a huge trade and maybe you got 3,000 but in any case, so that was my first trade on the stock. So now let's go to the one-minute chart. All right.

So on the 1-minute chart and this was the pullback here at 28 I added at 40 or in the 40s we got the move here up to 510. It then drops down and then curls back up right here and rips up to 550. So let's look at the five-minute chart. The five-minute chart shows first.

pullback was right here with a high of 475. So I did take another trade on this anticipating the break back over 5. so is it curled back up right here? I Got back in, scalped for a quick profit to the quick trade on this move here up to 550 little pullback, retest the high now 568, 568 then it pulls back, drops quickly. All right now we're doing a 5-minute consolidation.

It comes back up and it drops back down. consolidating. Consolidating this entry right here: 525 I Did take this trade here, getting in at 525 and that was at what time. See that was at 10 a.m.

which was right here. So first 5-minute candle to make a new high gave us a move from 525 all the way up to 570. but then it couldn't break over the high a day and it dropped back down. I sold my position and got out I Made money on this one though because I took 10,000 shares with an average of 537.

So by the time it hit 570, I was already up 4 grand so took profit on that. Got back in right here as it came back up to test the high of 75, it hesitated, it struggled there, it hit 70, it dropped back down to 30 hits 70, drop back down to 44, hit 69, dropped back down to 50. It then broke 70 and ripped almost instantly to 594. Boom! A nice solid trade on that added for the break over 6, it pulled back down to 80 or 67 I stopped out and lost money I then got back in when it came back up to 6 and it squeezed up to 635 and I sold and took profit I then got back in right here for the first 5 minutes to make a new high which was right here.

That ended up being a false breakout thinking we would break over 35 and make them move up towards 650 but I stopped out. Now here on this tray, you can see this dropped here from 610 all the way back down to 643. The second I saw weakness on the level 2 I hit the bid I stopped out really quickly. this was in my IRA account and I managed the risk really well.

I'm totally happy with how I managed the risk on this trade. I was adding at 6:14 620, 620, 618, 628 and then I hit the bid at 611 611 I was out and I got filled five thousand shares. so now it's consolidating and pulling back a little bit. It may give more opportunities the way any te did, but I'm gonna call it a day tomorrow and between 11:00 and 12:00 a.m.

I'm gonna go live on Facebook and YouTube and do some more Q&A on the NE te trade from yesterday. the 8,000 from yesterday I'll talk about FF HL the $10,000 from today because we did see some really great opportunities. and I Want to remind Inner Circle students: those of you guys who are in this chatroom who are part of the Inner Circle, jump over to the Inner Circle chatroom and you guys can get the link to join us in Miami in December Alright, let me just pull up the Inner Circle Room here real quick. actually.

I'll just ask Mike to put the link in there. All right. So Miami this December Inner Circle students. We're gonna have a gathering where we'll all trade together and it's gonna be.

It's gonna be a lot of fun, so that's gonna be South Beach Miami And what we're gonna do is we're gonna give Inner Circle students that are currently part of the Inner Circle first opportunity to register. and then once all Inner Circle students have had a week or so to register, then we will open up registration to Warrior Pro Students. So Warrior Pro Students, We're gonna open up registration for you guys probably towards the end of next week. All right.

So it's a seminar that will host in Miami this December 2019. Yes, All right. so stay tuned for more info on that Warrior Pro Students Inner Circle students. you're welcome to go and check out the link and register.

Okay, so anyways, that's where I'm gonna finish the day. This has been a solid week and a really nice rebound. A much needed rebound Stan I Am Let me do a test symbol here. Z Vzzt So I to get in I Press Shift One shift, One shift one.

I'm in this test stock with 6,000 shares to get out. I Press Ctrl-z Boom! I'm out. Just like that. In and then out.

In and then out. I Press Ctrl-z So that's literally how quickly you can trade if you'd like. now. Fortunately, this is not going to contribute to my P&L because it's a test stock so you don't pay commissions on it, you just use it for testing your hotkeys.

Alright everyone, So hopefully I'll see you a lot of you guys on YouTube and Facebook Live tomorrow between eleven and twelve. I'll be going live so make sure you're refreshing during that time and we'll do some Q&A I'll talk a little bit about the PDT rule setting up a trading station, answer some questions for you guys, talk about some of these big trades and get you guys excited. For the last week of August, we're at the turning point here. slowest month of the year coming to the end of it and things are already picking up.

We just had one of the best weeks in about a month so you know these are the times to really try to dig deep. Capitalize on the opportunity! And I hope you guys are doing that. Looks like a lot of you guys are alright everyone. I'll see you guys of course everyone here first thing Monday Morning Alright, bye you guys.

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