What's up you guys? Alright well I put on this shirt today cuz I felt like I was just gonna be a lie and I felt like guys would be really strong and man I crushed it I I'm no I it's I took my watch off my arm was sweating. it was such a stressful morning. stressful only in the sense that I was being really aggressive I jumped in a bi Oh I'm walking away now and I saw it hit just under 20 bucks, stock was up like 400% absolutely crazy and I I'm just I'm just grateful I mean I was able to really capitalize on that momentum. However, we did the recap which you guys will watch and enjoy.

After the recap went into the Warrior Pro mentor session we did QA I showed them my live trading recording and then I noticed it was popping back up. so I was like you know guys I think we're gonna do some live trades I didn't jump right back in so I got back in I rode the momentum and I actually got myself up $48,000 on the day so that at that moment was the best day that I've ever had. but I was trying to crack the $50,000 mark and then I had a couple trades where I gave back some of the profits so I'm basically finishing up. the same is where I was when I did the recap a little over 40,000 which all things considered is a fantastic day I mean this is crazy I've now got over two hundred thousand dollars in gross profit on the month of May So I am on fire right now.

The market is hot and I'm not gonna ease off yet. We've got one more day left so I can lock up to no read months in a row and I want to encourage you guys. In case you forgot, summer School starts on Monday So our summer school program. it's not like high school.

it's not like when you're you know it's not like it's not a bad thing. It's a good thing this summer school is fun. So what we're gonna do starting on: Monday each morning I'll do live trading. you know, a regular routine watch list 9:00 to 9:30 9:30 the bell rings, live trading until 10:30 will do the recap up until about 11:00 little QA and then we'll start teaching the classes from about 11:00 until not later than 3:00 p.m.

each day. So what I'm gonna do is I'm going to reteach all the classes that are currently in our curriculum starting with the Warrior Starter course 15 chapter class I'll teach that the first week of June then the second, third and last week of June I'll be teaching my Small Cap Day Trading course which is also 15 chapters. Was going to take a lot longer to teach because the classes like chapter 7 for the Gap and Go has a 7 or now eight different parts I have a different part for each sub strategy like red to green opening range breakout first pullback, second pullback, etc. Then we get into the Momentum strategy chapter which I think is now going to be chapter eight and that is up to 14 different parts.

The new part being the Dip Trade which played out really well on ABI Oh, so if you guys want to learn a little bit more about Summer School I want you to click the link right down the right, down there, right down below, you'll see it, Click that link and register to one of the free classes that I'm hosting. Now these classes are actually a replay of the class that I just hosted. Just Like Eight Eight nine days ago is just the beginning of last week to invite students to join Summer School. Alright, so that class will walk you through my strategy a little bit.

I'll give you more detail into the Summer School program and it'll give you a special link to join the Summer School classes at a pre big discount. Holy Smokes! I've got I've got a sighting here. See now many of you guys you might not know this about me and one of our YouTube subscribers recommended a book called the Secret and Solitary Lives of Chipmunks. No, no, he's gone.

So I bought it and I've been reading it. It's very interesting I mean I you know I sit trading and I look out my window and I see them running by all day long So it's starting to wonder. You know what are they doing out there? what's going on with them? Simple life. They're so fortunate.

So anyways, click that link below, register the class. you'll watch you replay the class I taught last week and give you a chance to register for summer school classes all existing Warrior Pro students. You don't have to do anything, but for those of you that want to join the program, you got to click that link below. So wild day, it's like 3:30 just long day wild, a big green day, and a humbling day.

given that I was up 48 thousand and then you know ended up giving back a little bit of profit. So forty thousand dollars live to trade another day. Alright, so I'll be back at it tomorrow. Friday I'm gonna try to finish off the month of May with one more green day.

What's up everyone? All right? Well, midday. Marco Recap here. We're gonna go over the traits from this morning. Forty thousand, eight hundred, Thirty dollars and Ninety cents.

Not bad. Amazing what a month this has been I Mean this has been a really incredible month coming into today. I was sitting at a hundred and sixty four thousand dollars in gross profit on the month. This puts me up over two hundred grand.

over two hundred thousand dollars on the month. Accuracy: about seventy four, seventy five percent. I've taken four hundred and fifteen trades before today. Average Winners: Six hundred and sixty one dollars Average Losers: 411 Biggest Winner: Fifteen thousand Biggest Loser 4,800 I Don't think I had any records today on a new biggest winner or or a new biggest.

certainly not a new. Biggest Loser I Had a number of trades on a Be IO but it was. actually it was kind of. It wasn't the easiest to trade at first I sort of struggled with it and then I started to get a little bit more aggressive.

So I'll make this a little bit smaller here. Alright, so I As you guys probably know, usually while I'm training I am not looking closely. my P&L I just have it kind of hidden right down here, but will will display it for the duration of the recap just to keep that that nice nice looking number right there up at the top. Alright, so and I'll just move that like that.

Alright, so that's where I finished the day. Forty thousand dollars and the bulk of it was on. Obviously a bi uh, I did have a couple of other stocks as I traded, but these were very small. Winners: 600 on FTS I and GMB l, TL GT and TCC over small losses just to quickly review those ones before we get into the the better trades.

Today on ABI O Ft S I hit our high of day momentum scanner. so as I hit the high today momentum scanner and this was earlier in the morning I jumped in it I Tried to take a quick break out trade that was up in this area here on this little pullback. as you can see, it popped up to a high of 720 then pulled back. It just didn't hold up really well.

Now it happens to be up right now at 7:45 so Ft Si is currently up 21% on the day so it's up from where I got out, but it didn't hold up super well. GM BL I Took a trade on this on a 5-minute break out right here. First 5-minute candle to make a new high long. at 570, it popped up to 6 I actually added for the break of 6 with a target of 625 I stopped out at 590 so $600 on that TL GT This one was on the top of our Gap scanner because it was a reverse split stock as you can see right here but I didn't trade it very well I Did not get into it before the first halt or the second halt.

but I tried to do a trade coming out of the this halt here on a dip entry which did not work so stopped out on that on that one and then TC Co is my biggest loss. This one was kind of funny. It hit the hide a mobile scanner and I bought this pullback right here. Alright, comes up to 38.

I Added for the breakthrough. the high and hit a high of 40 and then this one candle dropped right back down to 18. so you know, whatever, sometimes they just don't work and so at that point I was like alright I'm focusing on a Bi O for the rest of the day now. A Bi O was our third leading gap in the entire US market today.

All right it was gapping up a hundred and fifteen percent. It is currently up a hundred and eighty six percent which is impressive. Now out of the gates it was really choppy and actually my first couple trades were were not really picture per now. this is tempting right now for me to do a dip trade on and I'm gonna I'm not gonna do it but it is.

It is tempting. The dip traits have been pretty nice on this. So anyways pre market. Basically we have this price action here and I'll just make this a little bit bigger.

Okay so there. so pre market had a high of 779 which was this level up here and then it pulled back a little bit and you know I was half tempted I was looking at and I was like man it's look at this. it looks kind of interesting for a long here 750 and I just said to myself you pre market is risky. It's risky stuff.

This thing is up a lot. just don't do it So I didn't do it. and well it goes ahead and breaks 750 pre market and rips up to 850 really nice. and then 867.

this was the high 867 then it pulls back coming into the open right here I hit a high of 877 and then a high of 888 and right out of the gates. It squeezed. So my very first trade on it was a long on a dip at 864 I was in at 860 for 867 in 865 and I sold it at 898 and 884 and that was a 8,000 share position. so that was about 30 cents right? Right around 30 cents per share of 8 times 8 times 3 right? So about 2 right around $2,000 Winner: I think it was a little less than 3 cents.

so about $2,000 winner on that tray. Not bad. Then it flushes down I added back 8,000 shares at 8:48 I tried to do a dip and it popped up to a high as you didn't see here. 860 I tried to sell I did not get any shares filled and then it flushes down and I stopped out I then took a quick look I was like what's the damage and I saw that I was only up 300 bucks and I was like oh, that's a bummer So I just gave back I mean I had a trade out of the gates and then gave it right back so that was a little disappointing at that point.

I was like okay well you know what if this one's gonna be choppy I'm just gonna have to be careful on it, you know, let's just let's see what it wants to do. So it pulls back a little bit and then as you can see right here it curled back up. So the high of this candle was 813 of this candle right here and so in the high of this candle was 811. So I said I think if it breaks 813 it's a it's a quick long and so let's see.

So my entry here was at 815 and added 822 and added in 832 and add it again at 8:40 and it squeezed up as you can see right here to a high a circuit breaker Hall at 71 which I sold half before the halt because I knew from that trade I was in again with bigger their share size eight to ten thousand shares I see exactly what it was but in any case let's say 8,000 shares. So I knew I was sitting on a four thousand dollar winner I Want to lock some of that up? We've had a few halts in the last couple of we. well the last couple days that haven't been really really strong. Coming out of the hall, it pops up over nine.

I Add that Nine did a quick exit hi was 919. Let me check that trade here. So scrolling down here. Yeah, hey.

B I know. So what time was this? Um, yes, that was 944. so I added right at 9:00 coming out of the hall, popped up over nine sold on the ask, hit the bid on the rest, it flushes down and then I'm doing dipped rates I'm buying bounces off the B whap selling as it pops back up. So for students in the warrior pro class, what I think I'll do for our warrior procession today, which would probably be a good use of our time will be a live trading annotated live trade.

basically where I'll give you my commentary over the live trading recording. So this is the live trade right here at this moment. I'm holding seven thousand shares of Twelve Ninety and what is it at Thirteen? I was probably looking for the break over thirteen I don't think it hit it broke that level but I was being I was being aggressive on this and I made basically the bulk of my profit after that fir. After those first couple trades in the first fifteen minutes, you know I went from up two thousand back to basically break even then to up about four thousand and then if you recall, I had this really nice trade which was on the five-minute chart right here and this was where I broke over ten thousand on the day.

it was right as this squeezed up right here and I knew I was over ten thousand because the way I have my P&L here I can actually see if I have a number What? I don't see the number but the only time it happens is if I'm up over ten thousand I see the little plus sign so that's when I was like okay, I'm up over ten grand I'm I'm doing pretty well on this now. let's see so it's at 10:32 right now. Yeah, I see it too. pulling back a little bit, still up a hundred sixty two percent.

it's still impressive. So anyways, this move right here was where I made the bulk of my profit and this started at ten 10:00 a.m. and was between you know, 10 and 11. It was about an hour of momentum right here that was really strong through here.

I had some nice dip trades and got myself from up about 28,000 to 30 33, then 34, 35, 38 and then finally crossed over 40,000 dollars on the last trade which was this dip right down here which was a long off of the double bottom of 1260. so you know there were so many trades on this. This was the last trade right here along 1260 for the pot back up to 1213 as what it was. but I also had a trade right here which was a nice one at 1188 long at 11, 88 for the pot back up to 1250 I mean that's a 60 70 cent breakout.

So the market is really, really hot right now. I mean it is. It's on fire and I am now. This is my 40th consecutive green day since my last red day, not including today's profits.

I had made two hundred and fifty seven thousand dollars in gross profit. So after today, I'll be up to almost three hundred thousand dollars in gross profit since my last red day and that's in 40 days. So I mean if we do the math there, let's see what the daily averages. Well I mean I can see what it is right here.

Daily average under detailed is $6,000 right there. but let's include today. let's just see what it'll be once. I conclude today.

So 257 plus 40 divided by 40. so 7400. basically $7,500 daily average right now, which is very, very nice. It's definitely above above my typical average.

so you know what I've kind of said is, let's ride the moment and the markets hot. I'm not gonna I'm not gonna slow down I'm gonna keep being aggressive and I'm trading with bigger share sighs I'm trying to capitalize on it. So a question that sometimes I get is how much money did it take me to make 40,000 today? So let's do the math. The biggest position that I remember having here certainly would have been on a bi Oh cuz this is the highest price stock.

so I had 4,000 there. Let's see, there's there's 10,000 or 8,000 I Believe my biggest position was let's see I had a pretty big position back here. Where was this? I was in it? There's a so that was only 8,000 shares, but I think I had a 10,000 at least one 11,000 share position. Just looking back here on these.

So a lot of 5,000 share trades in and out which really isn't a problem. This has over 30 million shares of volume, so there's 10,000 shares right there. Alright, so on this one I've got 10,000 shares on this trade. You can see I'm in at 1290 and looking for the squeeze up to 1350.

Alright, so let's do the math. 10,000 shares times 1290 is a hundred and twenty nine thousand dollars. So my biggest single position was around 130,000 Now it doesn't mean I was risking 130,000 I would only be risking 130,000 if I'd be willing to hold it until it goes to 0 which obviously hopefully that's obvious. but I wouldn't do that.

This is a stock that you can use your margin on. So ABI Oh here I only need 25% cash so to take $130,000 $130,000 position if I have a $35,000 account 35,000 times four is a hundred and forty thousand dollars, $35,000 account and you could have taken based on buying power. Just about every single trade that I took today and the account would be up a hundred percent now. I when I trade in small accounts I'm aggressive and I'm aggressive because I have confidence I have confidence because I have a lot of experience so don't expect that you're going to have the experience to have the confidence to take the level of risk that I take right now.

I Have to say that my results are not typical I've been doing this for almost 10 years, but I do think it's a good example of the potential of the market. Even if it is only a small handful of people out there that become as successful as me, there are people out there that will become successful. And for those that have the aptitude mentally, physically, that have the risk tolerance and that have the time to invest in this, obviously it can be very rewarding. And so you know.

One of the things that I was saying over the weekend during a Facebook Youtube life that I did is that every day coming into the market, it's kind of like sitting down to try to solve a puzzle and if I'm successful at this puzzle, then I will walk away with with profit. So there's a really big reward for successfully figuring out the puzzle at the market. Every single day and every day is a little different, much like a crossword puzzle or a Sudoku puzzle. You know I mean you you develop a strategy of how to do it in the most efficient way possible, just like any other type of puzzle.

We've all watched. Survivor, you know you have a challenge, you figure out the best way to get it done. but ultimately that's kind of what it is. And so one of the reasons that it's very engaging mentally is because every day is a little different.

It's not the same old day after day after day. Every single day is a little bit different. but but ultimately once you have a strategy for doing a Sudoku puzzle you could probably do almost anyone so we're gonna be easier. some are harder.

Same with crossword puzzles so you will probably have some days where you get stumped. you can't figure it out. Like with trading that's a day where you walk away read and it's like alright. couldn't figure it out today walking away read but good thing is I can come back tomorrow.

So this is a day where my strategy on ABI o worked out really well. My my interpretation of the patterns was pre accurate because what I'm doing is technical analysis. So I'm looking at these patterns and I'm trying to figure out. You know based on what I see right now what do I think the stock is gonna do next Based on a cloud that you see in the sky, what do you think is gonna happen next to the weather? With a certain degree, you can begin to accurately predict what's going to happen.

Now there's training involved and we're like a meteorologist. The only career probably where you can be wrong 30 40 percent of the time and still get paid. which is incredible, but you know it is. It's a prediction and it's a It's a little bit of a guess, but an educated guess.

It's not just a stab in the dark, it's not. You know, just throwing darts at the wall. It's not that at all. I am seeing specific patterns and those patterns trigger memories of what I've seen in other scenarios and those through this experience have given me the confidence to pull the trigger where I pull it and to pull the trigger.

taking more and more risk has I've gotten further in my career, you know and again. the stock that was the easiest to trade today. ABI Oh, it's about 42 million shares of volume. It's thickly traded.

It's easy to get in and out. It's easy to get in and out with 5,000 shares, 10,000 shares. You know we're not talking about penny stocks that have. Well, I mean I don't know.

penny. Some penny stocks because they're 10 cents will trade on a lot of volume. but you know we're not talking about something that's thinly traded. This was pretty thickly traded today, so you know why? Is this the stock that traders were focusing on today? And I'm sure if you went on, you know social media or whatever, you would see tons of people talking about a Bi Oh Yesterday the volume on a Bi O was 5,000 shares.

Today it's 42 million. How does that happen? How do you have 5,000 shares one day and 42 million the next? What creates that overnight? What creates that incredible level of demand? News? It's news. And this was a headline related to Cova 19. That's a hot topic right now, so that's the type of catalyst that can really spark momentum.

So when traders saw this free market before I even was sitting at my computer, they were already jumping on it to try to ride this momentum. And I'm sure that there are people who bought it up here at 6 or 7 or 8 and then stopped out as it came back down to 6. They're like dangit. You know that's so frustrating.

Well, this pattern is a little. You know this isn't a pattern out typically trade, so fortunately I can get caught in that. But then again, right at the gates out of the out of the the open, the trade that I took on that dip for the pop back up didn't really work as I expected it to and then the first camp would make a new high also didn't work as I expected it to. Then we got a surprise move here that got kind of rejected and then we flushed down here.

so it really wasn't super easy until right around here ten fifteen when it broke this level right here and we were all over it. I was watching that like a hawk and that was that was where we were trading it. I mean we I was trading it already and at this point I was up I think around three or four thousand dollars so you know he had some profit. but I wasn't in as good of shape as I as I wanted to be.

Now for those of you guys that are got on the wrong side of the stock, you got in too high you gave in to FOMO and you bought it up here at $11.25 on this little micro pullback and then stopped out. You know, right down here when it flushed to the low of 1025, you know it's a full dollar a share drop I have been there I know how frustrating it it is to then look at this rip right after you get stopped out and take the loss. I think probably all of us have been there at one point or another. So one of the things that I am a big advocate of is trying to build a cushion on the day before I start taking high levels of risk and so one of the things that I also will say is if a stock is halted and you didn't already have profit from the before the hall, wherever you're trading it after the hall is high risk and I know how I just I know how frustrating it is to be sitting there with a big loss.

Meanwhile, you know me or other traders out there who just traded it a little differently are green. The fact is a stock like this is moving at times so quickly that is not only impossible to follow me blindly and and expect to be getting into the same spot, but it's It's just flat-out a really bad idea. What I want for you is for you to have the confidence and the conviction to trade this stock which undoubtedly was probably the most popular stock on the market today. For Momentum Traders, it's not like this was just me trading it.

It's got 40 million shares of all you traders all around you know the US and internationally were trading the stock. So why was the stock worth watching? Worth trading? Above average volume. a strong news catalyst. nice technicals, relatively low flow which is a limited level of supply showing some extreme moves, big rate of change, but all of that potential opportunity comes with risk.

And so every trade that we take we have to measure risk and reward. And every day every trade I take is a measure of risk and reward. And you know when we import my trades tomorrow and we actually see how many I took? No doubt about it, we'll see that I traded a lot today and we will probably see that I had a fair share of losers, but most of the losses were pretty small. The biggest one was the one right at the open where I lost about 1800 or $2,000 whatever that was.

But that was my biggest loss right at the open. But I did have a couple others and you know we'll break those down tomorrow. Of course, when we do are when I import the trades. we kind of review where everything sits for today and for more ear Pro Students As we jump into the Warrior Pro Mentor session in just a few minutes, we'll review this live trading archive I'll to give you some commentary and explain what I was seeing.

You know where I was, You know what? what I was seeing. That gave me a confidence in that second to press the button whether it was the Buy button or the sell button. So that of course is the advantage of being a warrior Pro student. and so why don't we switch gears For you guys work approach students, we're gonna switch over to the Warrior Pro Room I'm gonna open up the room right now and we'll start doing our QA in just a couple minutes and everyone hanging out and watching this on Youtube or Facebook.

I hope you guys give the thumbs up on this video. Hope you enjoy the recap and stay tuned for the next episode tomorrow. Friday Last day of May What could potentially be my 41st consecutive Green Day To finish up two consecutive green months. Not not that that's unusual, but two consecutive no red months.

Which is to say, I haven't had a red day in May and I didn't have a red day in April either. So if I could do that two months in a row, that'll be the first time I've done that since 2015-2016 It's pretty big achievement and a reflection of how strong the market is right now. Again, it doesn't mean that any you know any Joe Schmo or you know Jane Schmo is gonna come in and make this kind of money on day one. but it shows us that there's an incredible amount of opportunity right now, especially for those who have it dialed in.

and I see, who's that? I Want to see what that P&L is is that DC just posted his P&L for today. Let me just grab this screen share. That's awesome dude! I'm very impressed again. you know I I Want to be mindful of those who are red because I know how frustrating it can be and I'm certainly not trying to, you know, rub it in your face.

But I think one of the things that motivated me even on the days that I was read and was seeing seeing the profit potential, right? So there's DC posting a screenshot in the room and is that a it looks like a Lightspeed account? A real money account. But just confirm for us that it is So nineteen thousand, four hundred, eighty two bucks and fifty five cents. It's incredible man. I Mean that's really impressive This one.

a couple of these I wasn't even watching but you traded so we've got there a bi. Oh very nice. Good job Will So you know I know it's 920. Good job so you know Again, give yourself a pat on the back if you're walking away today in the green.

Those of you guys who are walking away in the red and feeling a little frustrated, keep your head up. lift rate another day you got to jump back to the simulator for you know, a couple days just to shake it off. Do that, you know and I think just remember if you have a big loss that even if you think you're totally good, tomorrow, you might not be totally good. It can sometimes take a week to really bounce back emotionally from that, so give yourself that time.

and tomorrow. Friday Honestly, with over two hundred thousand dollars of profit on the month, it's Friday I'm okay with taking it easy, but I was also okay with taking it easy today. but the opportunities presented themselves. so Boom Forty Thousand dollars.

All right you guys, That's it for me for the recap and I will jump over to Warrior Pro Room and we'll do our QA session in just a moment. If you're still watching, you must have really enjoyed that video. So why not subscribe and get email alerts anytime? I upload new content. Remember when you subscribe, you become a member of the Warrior Trading family.