What's up, everyone? All right? Well, finishing the week here in the Green this week was much better than last week. I still had a no trade day. I didn't take any trades on Monday, but was Green Tuesday, Wednesday, Thursday, and Friday and I would. I would wager that my accuracy was pretty solid.

These last four days I felt like I was doing pretty well. Today, Immx was a good winner and Mdxh uh yeah, I was the other decent winner. So I traded also Txmd so I had three stocks I traded today. Green on all three.

Commissions are certainly going to be higher on Immx because it's a cheaper stock traded with larger share size. So you know my commissions are going to be higher today, which I don't love, but it's just part of the deal. So um, you know, we're definitely in a Bear Market here. I think on Monday or Tuesday.

next week I'll do a a special morning show where I'll teach a mini lesson and then we'll do some trading and the topic will be on how to trade through a bear market because I'm that's what I'm doing. I mean, that's what we're all doing right now and you know I've had some good weeks. I've had some bad weeks. Last week I was red.

I finished down ten thousand dollars. I was green on Monday and Tuesday, but only made like two grand and then I lost 12, 13, 000, whatever it was on Wednesday, maybe 14 with commissions and then no trades on Thursday and only made 300 on Friday. So it was a red week, but then this week bounced back green Tuesday Wednesday, Thursday Friday and I'm not sure what I'm up exactly, but uh, I must. it's over twenty thousand.

Maybe it's maybe it's almost 30, 25, 28. So it's been a great week all things considered and certainly made bat made up for what I lost, made back what I lost last week, which is good, and now we're coming into the last full week of the month of May next week. All right. So the game plan for the week ahead is to stay sharp and to stay super focused and to stay disciplined.

Because this is a bear market, the gains are not coming easily. You cannot let your guard down Right now. you've got to be super disciplined about getting in, getting out, not trying to hit home runs, just base hit base hit base hit base hit. And so that's what I'm doing.

I'm showing up every day, I'm trying to hit base hits. I'm trying to prevent myself from having unnecessary losses. So I hope you guys enjoyed the recap. As always, if you have questions or comments, leave them down below and I'll be back at it on a Monday morning and you may see me pop up on, uh, live over the weekend.

If I see some good questions that people throw you know down in the comments, maybe I'll come on and do a little Q A and answer some questions on Saturday or Sunday. so maybe I'll see you over the weekend. But if not, I'll definitely see you on Monday morning. Enjoy the recap.

Remember, as always, trading is risky. My results are not typical. There is no guarantee for success whether you learn from me or you're trading on your own. So please be careful, be mindful and practice a simulator before you put real money on the line.

All right. Enjoy the recap. All right. So we're gonna do a recap here.

Go over the trades from today. It's Friday at the end of the week. Uh, so got through this week. Boy, it's been, uh, it's been a little tough being patient right now.

This has not been the the same market that we were in a year ago, or even two years ago. It's been quite a lot slower, but there have been opportunities. They're just fewer and further between. I was able to find some opportunities today and I'm finishing it.

Eight thousand, nine hundred nine dollars and 44 cents which is a good day. I'll remind everyone as always that my results are not typical. I've been trading for a long time so you shouldn't expect to achieve a a result like that. And in fact, I would encourage you to practice in a simulator before you put real money on the line because trading is of course risky and we are in a bear market here.

so this is a time to be more conservative just to try to hit those base hits and get out I haven't had. I guess I had a 14 000 day on Tuesday. but generally you know I'm I'm seeing smaller green days. I'm not hitting you know, 30, 40, 50, 000 days or 100 000 days like I was when the market was hot.

So I'm grinding on smaller numbers right now and I can. You know I? I sort of know what I need to be hitting. You know what I need to be averaging to feel like I'm You know it's worth, you know, trading or whatever and it's like five thousand dollars a day. So if I can be hitting 5000 a day, you know that has me averaging a million dollars a year and I can feel really good about that.

That's fine. You know, if I if I was averaging only a thousand or two thousand a day that that would for me start to feel, um, pretty tough because of course in the last two years I was averaging closer to 20 000 a day. so you know. But but 5 000 is fine in a day like today.

At 8 900, this is a good day. This is absolutely a solid green day. I can be really happy about it. So let's go over the trades from this morning.

Uh, first trade today was actually on Md Xh, but on my first trade I lost 20 bucks on it. So this stock at the time was our leading gapper and it ended up being a gapper of about 13. But it was our leading gap or right at this point. Here we didn't have a very good Gap scanner but it was our leading gapper and it initially had a spread of nine dollars by 15.

then it was nine by 13. then it was, then it dropped down. It was eight dollars by 9.29 And when it was the spread tightened up I started to see some green on the tape and I thought well you know what, I'll give this a chance and I tried to buy a thousand shares. At 9.29 I filled only 240 shares.

It then pops up to 10.50 I added at 11 250 shares. so if I had a full thousand I would have probably doubled to 2 000. since I only got 205th 241, I doubled to two to 491 total adding 250 shares. I didn't want to, you know, add and then screw up my cost basis.

so I just I doubled my position at about 11 and it went up to a high of 11.89 But I didn't take profit off the table because even then I only had you know, whatever it was 400 shares. So I thought, well you know, let's just see how this base is out and maybe I can add back to the position or you know, scale into a full size position if it goes up to you know, 12, 13, 14, 15. And it didn't and it came back down and I stopped out break even for a 20 loss. So more or less break even.

which is fine. So that's um, where I finished pre-market and then after the bell, the 9 30 opening bell, it ripped up right here and I jumped in. Sort of chased the middle of this candle. Adding here and it squeezed up to 97.

I took some profit on resumption, we got a dip and a rip up to 11. And on those trades right there, I ended up making almost 5 000.. So those were the trades that I did well on. All right, So that was at the open, that was a little bit later in the morning.

All right. So that was my So my first trade. that was minus 20 and then the second trade was on Immx Immx popped up right here at exactly uh oh, what was that? Because it was like 8, 45, 8, 48. It's kind of a funny time actually.

but anyways, it pops up here and I jumped in uh, in the middle of this candle here at about 225 average. So right around here 225 this was. This actually forms a micro pullback right here. and you might not really realize it, but this is actually a classic micro pullback setup on the one minute chart.

if we look at this on a 10 second chart. what you'll see is it popped up to 25, uh 2.25 cents. It pulled back and then it broke through that 225 spot. That was your opportunity to be a buyer.

So and that was where I was a buyer right there as it broke through here. So that was a micro pullback, got up to 25 35 and then up to a high of 61.. uh, pulls back here and then rallies back up. but you know this one ended up having some real resistance.

Up in the 60s it was not able to break out in a clean or smooth way. not even close. Uh, I was up seven thousand on it and gave back like you know, three grand off the top. So and I gave back the biggest chunk on was it this trade here and I think it was actually this trade here.

I think it was this one here. It took 30 000 shares and lost like three grand. I tried it on this trade but with smaller size and then I missed this one of course isn't that annoying? You know that's what I was looking for, but I was looking for it. Well first I thought it was going to happen here and then I tried it here and then I tried it here and then I lost on it here.

I lost on it here and I was like you know what, I'm done with it and then it goes. Isn't that typical? So what a choppy stock. So I'm I said after that I shut down I was like you know what, I'm frustrated, I'm annoyed. I'm done.

Uh so whatever. Anyway so that was Immx 3 700 bucks on that one. Then after that was when I took the trade on Md Xh. So Mdxh, this was the trade for the break of V web right here.

or it was sort of. It was after I took the 3 000 loss. I jumped into that trade and the last trade was on Txmd. uh Txmd.

This one, uh I traded it for the break of three. It's like right in here, excuse me. so it ended up going a little higher. But anyways, first pullback, second pullback.

decent setups and didn't really feel comfortable sizing up for it so it didn't take big size and and then that was my last trade. So yeah, that's kind of where I finished the day. a good day, but kind of, you know on Mdxh early I got only 250 shares filled or whatever that that order and it's you know squeezed up pretty nicely. so that was kind of a bummer.

I ended up just losing 20 bucks on it. I am a Mx. that one was kind of choppy so you know, not not super easy stuff there. Um I have my uh my P L here for the month of um May which I thought we could look at just a high level.

I'm not really caring to look too closely at exactly my where I sit on the month, so I'm actually not even going to look at that screen. I'm going to look at this one over here because the numbers are too small. This is on my broadcast. So uh, so I know that I was read on this day here.

This was. This was a disappointing day. That was the day I shorted the S P 500 and took a good size loss. Um, and then of course the market was at the lows by the end of the day.

Whatever. Didn't trade on Thursday. One small trade on Friday didn't trade on Monday. So basically I had.

I shouldn't have traded at all on this day. I didn't trade Thursday and I shouldn't have traded Friday. and I didn't trade Monday. So that was should have been four no trade dates days in a row.

which would have set a record. I mean, that doesn't happen to me. And then I came back and traded on Tuesday. Did well.

Wednesday did well. Uh, Thursday did well. and and now Friday I'm doing okay. so you know I'm in okay shape.

I mean, of course I wish I hadn't had that one bigger red day. but but all things considered, I'm in pretty good shape. and we've been in a bear market. So this is how you trade in a bear market.

You get green, you trade less the frequency, the total number of trades. I mean, you can see my my trading has been quite a bit less except for on this day back here where we had some good opportunities and on Wednesday here those two days I was a bit more aggressive and a little bit on this day here and that was a day I ended up. Probably you could say over trading, but in any case, um, you know Bear Market means the market's a little colder so you've got to be super disciplined. Get in, get green, get out.

Don't overstay. You're welcome. Don't push your luck so you know and you know pretty quick we're gonna be at the end of the month. We've got the holiday for Memorial Day on Monday the 30th, so we've got next week five more days and then Tuesday the 31st and then just like that, it's June.

the month of June and we're coming into the summer June, July and August. Typically, June, July, August and September are slower for me, so since it's been a little slow this year already, I'm not sure what you know is going to be in store for the summer, but at the same time, the market's been quite bearish and I've still been able to, you know, find opportunities and carve out a little bit of profit and I'll continue to with that same focus through the summer months. And you know some people who make a lot of money. Maybe they will just say, all right, I'm going to take the whole summer off.

I've never done that. I have a hard time imagining doing that because I like to be in the market every day. I like to stay sharp, I like to know what's moving. and the fact is, I've never been able to consistently show that I would make more money if I didn't trade all summer long.

I always have made money. If I mean, for all these years I've been trading, I've not like, maybe except for like, my first couple years. You know, since I turned the corner, I consistently make money at all times of the year. I make more sometimes and less at other times.

But I still make money so it doesn't to me make sense to you know, sell in May and go away for my strategy. I've got to be here. you know, churning? You know, these small days day after day after day four or five thousand a day? That's a million dollars a year and I need to come and keep coming in and doing it. If I miss three months of 5 000 a day, you know that that's going to cost me.

That's going to cost me hundreds of thousands of dollars. So I need to keep showing up. And I will. So we've got June right around the corner and then we'll see what July and August have for us.

But right now I would say this week has actually been better. uh, than last week. You know last week was pretty bad, but this week has been better so I'm happy for that and I'll be back at it on Monday morning and hopefully we can get next week off to a good start. All right, So that's it for me.

Thank you guys for tuning in as always and for those that are watching this over the weekend. Um, if you didn't already, check out the two new videos I uploaded this week. I've got a new video on uh, Price Action which is right there. You guys should check that out and I have a new video on the truth behind high frequency trading algorithms and market makers.

What institutional traders don't want you to know? So check out those two videos right there and I'll see you guys back here on Monday morning. Reminders: Always trading is risky and my results are not typical and there is no guarantee of success whether you learn from me or you're on your own. So take it slow.