Alright guys, so let's do our midday market recap. Pretty decent day. 5 trades total on 4 different stocks finishing the morning up 3232 dollars and 76 cents. So really I can't complain about that.

That's a it's a pretty good day. Those of you watching on Facebook you can see the P&L right here. So really the I was only up 600 bucks before that last trade on IL & u. so that was the one that you know really made my day.

But that's fine. I Mean that's not uncommon that you have three or four decent trades that are so-so and then you have one trade that really puts you over the edge. and so today was that day. Now that can also go the other way where you have a couple decent trades and you have one big red trade that puts you down.

But ya feeling good about the trades today? So yesterday I finished the day down was a 1375. So you know, today bouncing right back up puts me up about sixteen seventeen hundred on the week plus or minus. so that's good. We only have two days left in the month of August so gotta make them count and I'm really hoping that I can do well Wednesday and Thursday and then Friday man I Don't know if I Friday we're coming into Labor Day Which reminds me that our Labor Day sales have started.

They're gonna run through the they're gonna run through through Labor Day through Monday So that started. You can see that probably on our website coupon code is labor thirty thirty percent off. so that's starting right now our Labor Day sale. but yeah I don't know if I want to trade the first like having the first day of the month be on a Friday feels a little risky, but we'll see.

I Was originally planning on not being in the office I was going to go to Colorado for the weekend, but I ended up changing that plan because I've got to get ready for our inner circle seminar and I've got a lot of work to do so. I'm gonna be working this weekend, but in any case, I don't know if I'll try it on Friday we'll see, we'll see how it looks. So going over the trades from today very first trade of the day was on MBR X now MBR X it was on our watchlist pre-market You know it was definitely one that I had on watch, but I just I wasn't super crazy about it, mostly because I mean I was a little iffy on it just because of the fact that on the daily chart I'd sort of remembered having some issues trading it in this blue box area and this blue box area. there's just boxes that I drew I remember being a little choppy and a little difficult to trade, so when I saw it on the scanner this morning, I was like wow, it looks interesting but I don't know if I'm gonna be able to do well on it so let's just kind of see how it does.

Right out of the gates it drops down down to a low of 69 and again I was like alright, well this is your typical choppiness, but then you can see it popped up here on this candle up through 80. so if I bring this up here you'll see I got in at 75 and then tried to sell at 85 on the ask I didn't get filled. ended up selling at 81 and 82. so if we look at MBR x down on like a again we can go back to a 1 second chart.

Not that I would ever use this when I'm trading, but it helps you guys see my thought process in those first few minutes where you know things are really just at the like kind of touch-and-go so you can see how we dip down and you don't see this inside that one-minute candle because it happened so fast. But we dip down and as we started to pop back up as I saw that volume, that's where I got in at 75. So I got in right here. as I started to see buying, we popped up to a high of 85 or actually up to a high of 90 at 90.

We had a 50,000 share seller and that's when I said alright, that doesn't look good I got a bailout and I'm glad that I did. So that was MBR X which ended up only being two hundred two hundred ninety four dollars. It's not bad, but you know, kind of a small start to the day. So 294 on that one.

next trade was finl and on this one I saw it popping up and what I decided to do was buy the one-minute micro pullback for a scalp. So we had a little pullback right here which I didn't take the first one because it went from 37 all the way down to 23. So it dropped, you know, like 15 cents which felt like a little bit of a big drop and hey Tina and so as I saw it popping back up I was kind of like well I don't know if it just dropped kind of quickly I'm not sure what I think about it, it ends up popping back up and doing really well and then right here it shows a doji candle and so I was like alright I'll jump in here at 63 we'll see if it makes new highs. it popped up to 73 so quick in quick out, just a little scalp there.

another 147 bucks so you know I'm kind of like alright I Guess this is one of those days when I'm going to be kind of adding the profits from small trades rather than one big trade right out of the gates. The next one was Juno and this one's like really kind of disappointing because I had the right idea. but you know Juno I got in at 30. where's that? See 38 94 right here.

So 38 94 was my entry and you can see right here it was consolidating underneath it was doing a 1-minute flag underneath 39 and I was like that looks good. So I get in it at 94 and I got in and then it dropped for just a second down to I think 38 60. So all of a sudden I was down like you know, 800 bucks and I was like how am I? God what what am I doing trading these 40 stocks This is not my go-to range. you know this is gonna throw off my day.

so then it pops up to 3909 and I was like I'm gonna try to sell half of this on the ass to reduce my risk. So I put half on the ass, get 3909 I don't Phil I'm watching the bid and I'm like you know what? this thing could drop right back down just as quickly. So I think you know I'm just gonna I'm just gonna sell half on the bid and I accidentally sold the whole thing on the bid with the wrong hockey. So I sold the whole thing at 3905 and locked up 212 bucks where I meant to sell half selling half stop would have been at breakeven.

So at that point I was like, well, whatever I mean I wasn't really sure how I felt about it anyways and then you see from 39 it went all the way up to 41 68, pulled back, continued higher all the way up to 43 50 so you know it's the look in the draw I had the right idea I think I was just being a little too aggressive on my share size. that made me a little antsy and then screwed up my hawk he stopped out of the whole thing, didn't want to get back in because then I felt like I was chasing it. so whatever, 200 bucks that's fine. next time maybe I'll take smaller size and and try to give it a little more room.

but it was a good idea and I think some of you guys did a lot better on it than I did just cuz you held it longer. So then the last trade was Li and you now this one popped up on our hide a momentum scanner at a dollar 73 and as I hit the scanner I looked at it and thought well I don't know nothing particularly interesting on that to me as hit at 73 and then I saw it hit again at I think it was like 87 so I was like okay, well this thing's actually starting to move a little bit. so I pulled up the chart and then I saw this s right here and that I knew that Memphis had just done a reverse split. So the fact that it had done a reverse split was important because it means yesterday this was a penny stock that nobody would trade.

but today it's now priced a dollar 90 for whatever it is and now people are recognizing it sort of for the first time now that it's back at a reasonable price to trade. and what we notice is that oftentimes these reverse splits will squeeze up really quickly and I want to be able to take advantage of that that opportunity. So I saw it hitting the scans a little blood and I see it at 190 and I just jump right in using my hotkey shift 1 I pressed it 4 times. 25 hundred shares.

so I had 10,000 shares at 191. Roughly, it pops up to a high of 209. I try to add another 2500 shares, but nope I don't get that ad because it's halted. halted on the circuit breaker, it resumes at 207 so it resumes from the halt.

5-minute circuit breaker Hall right around the same price I was considering adding if it opened below 206. I would add over the high of the halt, but it opened a little bit higher and so I said alright. Well I'll just hold this for a second, we'll see what it can do. We pop up to a high of 37 and at that point I'm like alright guys, start lightening up my risk I sell 400 shares.

Actually, that's kind of funny I don't usually do that. this again was a hockey error because I never put out the hole size with my hockey I almost always do half size but when I'm first selling. but anyways, so I sold 400 shares at 32 and then I tried to sell looks like a little more at 35 I didn't fill any I sold 4,800 shares at 30 at 26 and then I sold the rest on the bid as it came back down at 202. So you know I I definitely gave back some profit by not selling all of it way up here and and selling kind of the rest of it on the dip.

But what I didn't want to have happen is to have it get halted going down because we know if it moves 10% it can get halted. Or in this case, yeah, no, that's probably well, maybe 20% because it's below $3 So in any case, I just didn't want to get stuck in a circuit breaker halt going down. So I bailed out and then they decided to get back in at 2:30 I got back in at 2:30 with 2500 shares. That entry was right here at 10:00 right around 10:30 I get in and then I'm actually down like 400 bucks.

It was sideways for a minute and then it pops up here to 46 and I sold half at 37 more at 40 no Phil at 41, no Phil at 36 no Phil at 31 and so I bailed out the rest at 29 and so all of that put together is three thousand, two hundred, thirty two dollars, and seventy six cents. which is not bad. It could have been a better day. it could have been better if I was a little bit more aggressive on or not if I was more aggressive on Juno But if I had number one not screwed up my hockey, but also positioned myself with maybe smaller size so I wouldn't have gotten nervous as early as I did Li And you this could have been a four thousand dollar winner if I sold the whole thing in the twenties.

but I was in after the First Circuit I was in before the first circuit breaker Hall Now there was a good chance in my mind that this could have gone into a second circuit breaker Hall and gone up to 250 260 270. So I sold half and wanted to hold the other half for that bigger move and that could have been an even bigger winner with 10,000 shares at 190. If this went up to 160 263, 6, 260, 270 280, it could have been a pretty nice trade. So in any case, still a decent trade at 2500 bucks.

So that's about it for today. Pretty a pretty easy easy day. Five trades, total accuracy 100% makes up for yesterday. Only took one trade yesterday, but it was a loser so nice.

Nice little rebound there and hopefully I'm able to add a little bit more in profits to to the month here on Thursday Wednesday and Thursday right now I'm down well I'm up on the month I'm down about 1,200 bucks versus how I did in July So you know I'd kind of like to be July but at the same time, that's kind of arbitrary. When on a good month like in January or February I could make fifty or sixty thousand dollars, so it doesn't. It doesn't really matter that much. All right.

Well, that's about it for today. I've got my warrior Pro Mentor session at 3 p.m. Eastern So students I'll meet you at 3 p.m. and I'm gonna do another.

Let's see. Yeah, well the yeah, that's about it. Mentor session at 3 p.m. and then I'll see you guys first thing tomorrow morning.

Ok, so that's about it. Jacob On the year, I'm up 170 mm I started I had two accounts the beginning of the year. The account that I started with 583 dollars is at a hundred and thirty nine thousand right now and I also made a separate thirty five thousand with my regular account during the first month of of the year before I was only trading in my small account. so 139,000 in my small account from the $583 starting balance, but up about a hundred seventy two on the year total.

So that you know with three months to go, Well, Gin September October November December Four months to go. Hopefully we'll be able to break yester years at 220 mm. Okay, so that's it for now. I'll see you all first thing tomorrow morning.

All right bye guys! Oh hey I didn't see you there while I was just working on the dream board for my next home run trade. Hopefully it comes soon. Until then, make sure you subscribe to get email alerts any time I Go live or upload new videos. Until then, Happy surfing!.