What's up everyone? Alright, so we made it. It is the end of August the end of what is typically the slowest month of the year for day traders and gosh, we ended up finishing in great shape. The first 10 days were tough. The last 1012 days have been amazing.

$55,000 in the last 12 days I went from down 10 grand on the month to up 45,000 Now this morning when I was getting ready coming to the office I was you know picking out my outfit and stuff and I have this Jerry Garcia shirt which August you know Jerry Garcia the Grateful Dead it's just I don't know for me I was like I'm gonna wear that I looked at it I picked it up I said what the hell's the matter with you There is no way I'm gonna wear red on the last day of August I just can't risk it. Not in this market. So put it to the side and wore this shirt instead with a sunflower sunshine daydream. it's August it's Labor Day weekend.

Let's all get out there, enjoy it, enjoy the warm weather. Those of you guys in Florida Stay safe. We're gonna be thinking about you but well I'll be back at it Tuesday morning and we'll start a new month. New chapter.

Alright, so set your goals for the month of September You know whatever your goal is, whether it's to you know, manage your risk, better focus on bigger winners, some tighter stops, whatever the case is, and we're all gonna start in the exact same place in September All right, so a new month new you? let's get to it. I Really encourage you guys to utilize the coupon code: Labor Day You'll save 30% storewide for your starter course includes chatroom and Sim Warrior. Pro corks includes the starter, chatroom and the Sim. You can get in there, you can learn my strategies, practice in the Sim and September October November December at the months are typically the hottest, hopefully you're able to start actually, you know, putting the pedal to the metal and making some money.

Alright, so hope to see you guys in the chat room, in the classes and everyone else. We'll see you first thing Tuesday Morning. All right everyone. So we're gonna do our midday market recap here: I'm gonna finish the morning up $2,500 in my main account plus another 1700 in my retirement account.

So four thousand, two hundred sixty three dollars and seventy six cents which is not bad for the last day of. August Finally here at the end of the month. This has been, you know, a crazy month because I started with well I started with basically one two, three four five red days in a row which was terrible I mean just a terrible red streak I didn't have a Green Day for almost two weeks because during that five-day red streak I also took two days off. So it was like let's see: I had one two, three, four, five, six, seven, eight nine, ten days where I was either breakeven or red which is I think one of the longest cold streaks I've had in years so that was terrible and I was down ten thousand on the month which is also disappointing.

I mean you know I I came into the month of August when I was in Italy in July with Roberto I you know we were talking and I said July or August is typically a difficult month for me. So what I'm gonna do this year is I'm gonna take money out of my account. so in August I'm not going to be able to swing for the fences with really big share size. I'm just gonna be a little bit more conservative and you know I expect it's gonna be a difficult month and I'm gonna adjust my profit target to maybe only ten thousand dollars or maybe just twenty thousand dollars of profit.

But even with small account size, you know the first week I lost I was down like three grand. No actually I was down about five grand by the end of the first week and then coming into the second week I felt like I needed to compensate and make up for the fact that I was red on the month. So I started trading a little bit in the afternoons and trading in the afternoons got me into some trouble and I ended up losing more. So then I was down about nine thousand dollars on the month as of the morning of August 15th.

So halfway through the month, I was down ten grand basically. and then of the 15th, I made two thousand the sixteenth I made four thousand. So that week was a turnaround. I was basically flat on the week because I've lost money the first three days, but made it back on Thursday Friday and then last week, you know I ended up having a really terrific finish with 8,000 on Thursday ten thousand on Friday And that's continued into a really strong week here.

Making the this is actually my No. I made a little bit less on Monday than today, but it's been a strong week. However, I still am gonna maintain that Tuesday was definitely my high-water mark with 17,000 dollars of profit. Wednesday was four grand, five grand yesterday and another four grand today.

So these last three days have been a little bit smaller and I've definitely noticed that we haven't seen the same level of follow-through or resolution that we were seeing earlier in the week and and last week, which is a little disappointing MTC Yesterday Now look at this one: Squeezes up, gets halted on a circuit breaker, drops down, rejection, and then it rips back up. And so today, Oh PGN squeezes up on a circuit breaker. rejected, comes back down I Bought the first pullback I bought the first pullback right here and rode that momentum back up. I Also bought this pullback right here but this ended up being a false breakout.

so this was the one today that gave the most profit for me. My first entry on it was as it curled up right here on the red to green move. It went from being below the open here to breaking through this level hitting the high. add a momentum scanner.

Now this stock was already on watch today because it was a reverse split and it was I Think it was on one of the scans yesterday because it was a reverse split so you know, kinda was watching it but not super seriously. but I you know I was like, well, you know it ended up kind of rallying up a little bit yesterday. I'm light volume. It's worth watching and he really needs news, but sometimes these reverse split stocks end up making some nice moves.

The bell rings, it pops up, it then drops back down and I had it on a chart, but you know, didn't really do anything. That for me was interesting at this point. and then here it starts to curl up. Boom breaks through Seven breaks through Seven Twenty High.

A day at that time was seven Twenty Five breaks for 725. Back on the hide a moment Scanner: Seven Twenty Eight I Think it was on the scan this morning as well, but maybe not. anyways. So 728 743, 768 gets halted on a circuit breaker.

it resumes. it's a high of 824 I take some profit on that trade I make some money, but the rest of it I stopped out coming back down so it didn't really hold that level. but then right here it does this kind of ABCD pattern which is where we would say it drops, comes back up, comes back down. This is the trigger point to get back in I got back in right there over 75 which also coincided with the first five-minute Campbell to make a new high and that was a solid trade from 75 here up to 850.

So a 75 cent breakout right there. Now on this candle, it actually hit 44. We dropped down to a low of 761 and then ripped back up to 850 as it ripped back up I added back right up here and on that one I actually gave back a little profit because it came back down I thought it was gonna break over 850 and I was wrong, then comes back down, comes back down here. sideways consolidation.

At this point, we're setting up another five-minute pattern and so as soon as it broke this level right here I was adding at five sorry 825, 8, 2013, 8, 34 and then I added again took a little higher than that. Anyways, it breaks over 850. it rips up to 868 but it doesn't hold that level and it comes back down. And that was the rejection.

So kind of not the best follow-through not you know I mean it's still up. what's it up right now? 20% on the day but I was hoping for more I thought this had a little more potential and be NGO You know this one very disappointing as well. It was one that I wasn't watching very seriously. it was a gapper but on very light volume and because it's not in the price range where I typically do well I Sort of set low expectations for it, but out of the gates it ripped up I jumped in on this pullback right here I was able to make $600 on this breakout I then got back into it I think it was right here I got back into it and on that trade I ended up losing 1200.

So I went from up 600 to down 5, 6, 5, 66. So at that point I was red on the day I think this is the first day I've been red on the day and maybe a week or so, maybe more than a week. So I was right on the day and I was like alright, you know what, you're down $566 It's not the end of the world. your max loss is $2,000 red on the day.

So let's sit tight and so this trade on B NGO was that 9:30 and then this one was at 9:39 Okay, so from 939 I didn't take any trades until OPG n hits the scanner right here at 10 o'clock So I sat patiently for 20 minutes, felt like an eternity waiting for you know, something to hit the scanners that looked good and OPG ended up being the one. So yeah, I would say that this is a market where we're seeing definitely more than base hits because we are seeing a lot of volatility. Be NGO from a dollar eighty to almost 280, that's a big move, no doubt about it. OPG Yen From a low of 650 up to 850, that's a big move.

So when you have stocks making big moves like that, capturing 10 cents or maybe 20 cents isn't that difficult. And if you're trading like me with 6,000 8,000, or 10,000 shares, those 10 20 cent clips add up on OPG yen. I wasn't super aggressive on share size. I only had twenty six hundred shares going into this halt.

you know the volume was lighter on it and I was pressing my shift one hot key and I only got partial fills so you know rather than well I mean there's really nothing I could do I mean I I got partial fills. so then coming out of the halt rather than adding like five thousand shares and going up to 7,500 shares I kind of felt like wow coming out of the halt I better be a little more careful. So I only added a thousand shares at 781 coming out of the halt for the break over eight. but then I was able to take some profit up here in the eighth, tens, eight 20s and then the rest I stopped out coming back down.

So you know even though I only had three thousand shares, this was an okay trade on the first one and it did put me back to green on the day and then this was a better one so you know that was I think the best trade and this one you know I added a little bit of profit cuz I did sell some up here. this was the one I took in my IRA so seventeen hundred dollars on that and on this one they took seventy five hundred shares. so I was a little more aggressive there, but at this point the spreads were better and the volume was a little higher so I felt more comfortable. But anyway, so that's where I'm gonna finish here, you know, totaling it up on the week, let's see nineteen 23:28 about $32,000 on the week which is pretty pretty awesome.

And as you guys know, all of yesterday's profits I donated to some local nonprofit organizations here in Berkshire County, Massachusetts. So to the Humane Society to Berkshire bounty for it's like a food pantry and to an organization that helps local farmers get up on there on their feet. and you know, no, no farms, no food. So yeah, I was happy to do that.

Thankful Thursday and I really am just so grateful that this month turned around. I I Wasn't sure on the fifteenth two weeks ago, but boy, the last one, two three four five, six, seven, eight, nine, ten, eleven, twelve days have been phenomenal. I mean just? well. Let's see fifty-five thousand dollars of profit in twelve days, you know.

And this is the thing. being a trader, it's all about averages. So you know, fifty five thousand divided by 12 is, you know, forty five hundred a day? Forty five hundred a day is more than twice my daily average. However, in the ten days before this hot streak started, I was well below my daily average.

So you know you'll have periods, sometimes of days or weeks that are below average and then you'll have periods that are above average and you know you just have to look back over the last X number of trading days and say, well, you know what's my average been this year which actually I'm not even sure what it's been, you know I don't know. The trader view shows stats for how many trading days you have had. I'll just put this up here for one quick second. So this was my this was before yesterday so I didn't include yesterday I haven't imported yesterday's trades.

yeah and today's I won't be available until next week. Well, next next day. so probably I don't know if you can import on the weekends, but anyways so this will be up around 316 now. but yeah doesn't say how many days that is.

I was counting my days and then I lost my calendar for a little bit and so then I stopped writing down what day of the year it was. So I got to go back. It's from June so no I won't do it now. But yeah, I'll have to catch back up and see what my daily average is.

It's somewhere well I don't know I'm I Can't say now for sure what it would be, but let's say well I was at 120. So another 20 another 40 days. so probably around 160. So let's just do 303.

16 divided by 160 is about 1975 a day, 2,000 a day. So I'm right around. My daily average of 2,000 dipped a little below it, probably because of the week start of August But but hopefully you know September and then definitely October November December I Have high hopes that I'm able to really do quite well. I averaged $70,000 in November and December So if I can hit just my average, that's gonna add another hundred and forty thousand dollars of profit.

So 316 + 140 is 450. So if I can make $25,000 in September and October, I will hit my 500 thousand dollar goal. If I end up averaging 55 or 60 or even just 40 in both, September and October I will come in above goal, which would be fantastic so we we will see anyways. That's it for me.

I Hope you guys have an awesome weekend! Remember the markets are closed on Monday but that's no reason that you guys can't be studying. so I encourage you guys to use the coupon code: Labor Day Join the starter, join the pro Getting in the chatroom into the simulator. Study up because this is you know we're coming into the time of year where the markets are the hottest and there's a lot of opportunities Study up in September October November December Hopefully you're able to start making some money. Alright, that's the game plan I Will see you all first thing Tuesday Morning Enjoy the weekend everyone! If you're still watching, you must have really enjoyed that video.

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