What's up everyone? Alright, so here we are: Friday morning, end of the week, but beginning of the new month and I'm finishing the day with uh, trades on two stocks, Green on both of them up about 2 600. A small green day and I was kind of asking myself during the recap, which I already just did whether or not I should have even traded today at all. So I'm going to talk about that a little bit. I appreciate your input on it because we didn't really have anything that was a quality and these could be days that you end up digging yourself a hole and you're like, why did I even trade at all There was nothing that was obvious, this was stupid.

It was avoidable, so I don't know. I'm a little unsure about today. maybe shouldn't have traded at all, but I did trade, I got green and so that's that. Not a lot of action though.

um, Lgbn. volatile but but nothing that I saw that was really awesome. So pretty tricky day. Grateful to be green and we're back at first thing Monday morning.

Now remember on Monday we'll do the morning show early between 8, 30, 9, 15 whatever. I'll go live and then at 1 Pm Eastern I'm gonna host a class live on Youtube. All right you guys who are on the newsletter already voted so thank you for that helping give me some insight and point me in the direction of what you want me to teach. So we have the class.

It'll be ready Monday one o'clock all right, So mark your calendars That's coming up real soon and I hope you have a great weekend. We'll see you back here on Monday morning. Remember, as always, trade is risky. My results are not typical, so take it slow.

Trade a simulator before you put real money online. All right. Enjoy the recap. All right everyone.

So I'm gonna do my recap for today. Uh, I just finished recording March month in review, so that's gonna go up on Youtube. You'll see it soon, so make sure you check that out. And I did.

Uh. First Quarter in review compared first quarter to First Quarter 2021 2019. Sorry 2021, 2020 2019 2018. So a little bit of comparison there.

This is actually my second best first quarter. Uh, even though it's less than I did last year by quite a bit. Uh, last year was an anomaly and that was because of Gamestop, so I did really well. I'm proud that I was able to capitalize on that opportunity, but it's not realistic to expect that that's gonna happen every year.

That was like. I've never seen something like that happen before. So uh, did well on it. and now this year's kind of back to normal.

but still. Uh, if it weren't for last year, this would be my best first quarter I've ever had. So that's great. I'm happy with that.

So let's look at today's trades as we start at the beginning of the new month. It's April and I'm up 2 600 bucks. And I was questioning during my March month in review whether or not I should have even traded at all because our Gap scanner was dead. We didn't have anything really good on the Gap scanner.

Um, Mn was a buy out Husn. this one was up early morning pop and then a pullback. It looks like you did get a late morning squeeze there around 10 20, but you know I? I don't know it needs to get over four dollars on the daily. You've got gap fill from 410 up to 9.92 But we're not in that Gap yet so no trades on that Blrx or sorry Bl Bx this one.

early morning pop and then it pulled back. No trades on that terrible setup. Csse easy to borrow. Choppy popped up a little bit.

very beaten up daily chart, just no interest there. Um, you know. so the Gap scanner just wasn't very good. Lgbn I said I was like this is this one So first of all when I sat down I I went down to my office this morning.

so I drive to my office. um I get there and I forgot my glasses and I forgot my laptop. I don't know how I leave the house some I don't even know how I make it back to the house sometimes with my inability to keep track of things, but I uh it was bad. So so I turned around and came back and I was like all right, well whatever.

I I checked the Gap scanner on my phone because I have another computer at the office and I was like well I could just trade on that computer And and without glasses. I mean I can, I can drive without glasses. I can, I can see without glasses but I'm going to have a headache because I'm going to be straining my eyes and I'm going to have to sit like really close and it's just, you know, But if something was really squeezing maybe I would go for it. Anyways, nothing was really that great.

So I saw the Gap scanner. I checked it on my phone and I was like nah, I'm just gonna drive home. So I drove home, sat down and that was like 8 25 and realized I had missed these two moves in that drive basically on Lg Vn. But it didn't really feel too bad because this one was choppy yesterday and I didn't actually know.

I did trade it yesterday but I was right on it. I lost like 1200 bucks. So after I saw that I missed those two moves, I saw it right here and I said no, no, no no no not doing it. Third Pullback Red Topping Tail candle It's going to be a false breakout and sure enough it was.

It comes back up again here and I was like no no no, no, this is going to be another false breakout. I'm not touching it. Sure enough, another false breakout And at the open I was like 1638. It's going to be a false breakout and it was not once, but twice.

Two false breakouts. First it came up right here to 1630 1650 and then it dropped to 1496.. And then it came back up and tried again to 1677 and then it dropped to 14.75 A two-point drop and this one didn't get me. I was.

I was smart enough to sit on the sidelines, so no trades on Lg Vn, thank goodness. Um, Imte. You know I had a good trade on it yesterday and it ended up making an impressive move. It halted down at the open, then recovered and squeezed all the way up.

And holy moly right now as I as I live and breathe, Imt is going up to 34. so you know Sure enough, uh, this one I'm leaving a little on the table, but that's great to see. The problem if you look at the level two is that the spread is a dollar right now 3301 by 33.95 So if I buy this on the ask at 34 33.95 whatever, I'm already down a dollar a share on the bid and it doesn't take much for this to drop down to 32.88 or 32.50 or 32. the next thing you know, you're down two points.

My first trade, I got a partial fill of 295 shares and I lost two dollars a share. I was down 600 bucks and I was like, all right, I'm down 600 on the day. should I even have taken the trade And the answer is probably no, There wasn't enough volume. It was too choppy.

Uh, that was. um, it was right here. so it drops down. Uh.

But then I got back in as it curled right here and I ended up getting one trade. Uh, and actually two trades. I got two trades right in this window and you know it went up to 33 And then I left it alone. I didn't see it came up right there.

I missed that because I was doing my March and review and then this I see right now, but the volume is now declining so at this moment the volume was increasing. The retest was on lighter volume That by itself is a bit of a red flag and then the fact is, it's just it's lighter on volume. It reminds me of Frge from yesterday. Uh, it has potential.

Frge gave us this really nice red to green move where it ripped from 35 to 47. but it's Friday and I think traders have just kind of checked out already. so you know I took this trade. I took a few trades on it and I am green, but this one just had a lot of risk so I probably shouldn't have traded it at all.

Now there was Drct. Drct ended up uh, first daily candle to make a new high. It's a daily setup. Uh, it's held up well.

I I was in at about 35 or 40 and then added for the break of 50.. uh, it was in this candle and it squeezed up to 63. it then pulled back. We got a retest of the high to 65.

I added at 64. I thought it was going to start to open up and then I stopped out at like 55.. so I made 1400 bucks on it. You know, which is okay.

Pulled back down to 34, then it came back up here to 70 or 60.. then it dropped down. It came back up. So it's just kind of been choppy.

And the fact is, relative volume? Check. Hello. All right, relative volume on Drct today. it's low.

I shouldn't have taken that trade. relative volume on Imte. Well, that was a little higher, but it was still relatively low. So you know.

Honestly, I just I'm a little bit now. I'm glad that I traded with a smaller size to manage risk. I did do a good job with that and sometimes there will be some lighter relative volume stocks that you know give you an opportunity. and and maybe trading with smaller sizes.

The approach, but the same time, my metrics are showing me, uh, pretty clearly that I'm doing better on higher relative volume stocks. and I'm doing better on days where we have an obvious gap or with news. And we really didn't have that today. So you know I squeezed out a little profit.

I took a couple small trades, but if I had gone for a home run, I would have no doubt gotten smoked today. I'd be in the red easily. So you know I'm I. Maybe I shouldn't have traded at all, but I got a couple small trades and I'm green, so that's it.

And and that's that's my recap. You know really nothing else to go over. Those were the only two stocks I traded. I would love to come back, you know, on Monday and see that Imte did squeeze, but I'm not sure that it's going to.

and the spreads make it really difficult to manage risk. But that daily chart? you know it's going higher, but it's on lighter volume. Today, a lighter volume because the spreads are bigger. It's Friday, people aren't feeling the willingness to take a big big risk on it going into the weekend.

So anyways, that's it for me. I'm going to shut it down. I'm going to close my close, my broker close my charts, and live to trade another day. I'll be back at it on Monday morning.

Make sure you guys are tuned in Monday morning we'll be doing the morning show and then at 1 pm eastern I will teach a a live class that you guys who Are on the newsletter were able to vote for. So looking forward to that coming on Monday. All right, have a great weekend reminder. As always, trading is risky.

My results are not typical so make sure you take it slow. I'll see you back here first thing on Monday morning. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help.

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