What's up everyone? All right? Well here we are Monday morning and I'm locking up another green day which is great but I'm gonna be honest, I got super frustrated and was like short fused. I was like I'm done after my first loss. Today I woke up, I went to bed with a headache and I woke up with a headache and I just felt like I had no patience. This morning I had a super short fuse and I was just like ugh the gaff scanner is terrible.

Olb was the only one that gave like any opportunity and it's not my favorite because it's low price. It was kind of a grinder but it reminded me of drug so I traded it and I did pretty well on it. I went up 40 and that was my biggest winner and I probably should have just called it a day there because I was just feeling like not 100 today. But uh.

anyways, we had a couple dead cat bounces on some of these recent ipos. I took one first trade on it, lost 29 bucks, went back in or 33 whatever. Went back in for the second trade, lost 700 and got stubborn on it. It started to drop.

I averaged down. I was like no, this thing's you know, just anyways. So I'll break it down in the recap. but today was one of those days where I didn't feel like I was coming in at 100.

I mean, it's just the luck of the draw, it's just the way it sometimes is. You know nothing. I mean, you know, not a lot. You can really do.

When that's the case, it's just gonna happen. It's bound to happen at some point. Most important is recognizing it because when you've got that headache, you sort of feel it behind your eyes and you're just staring at the level two and time and sales and you're just like not feeling it. That's not the time to push it.

You know that's just not the time. And then when you recognize, wow, I have a short fuse. I've gotten frustrated like really easily. That again is just like, okay.

You know what. Take the cue and learn to walk away. That's that's one of the big things I think that seasoned traders get good at is learning a cen, developing a sense of self-awareness that when you feel those, when you feel those those feelings, you have those moments or whatever it is that you're able to recognize this right here. Right now is the time to leave because so many traders they'll feel that way and they'll keep trading.

They'll dig themselves a huge hole and they'll just be like have a terrible day. They're super frustrated. They woke up on the wrong side of the bed, they didn't feel great. Then they proceeded to lose money, got themselves even more frustrated.

and it's like, you know, okay, where When I've had days like that, What I do is, I'm like I asked myself, where in that day should I have stopped? What was the red flag? You know, what was the the fork in the road where I made the wrong choice and I can usually tie it back to like. Okay, it was right there and having done that enough times, I've gotten a lot better. I'm not perfect at it, but I've gotten a lot better at being able to say okay, this is the spot today where it's time to walk. and usually when I trust my gut and I do that, it's the right move.

Sometimes I'll do that and I'll end up leaving a ton of money on the table because you know, five minutes later something makes a big breakout. But honestly, if I wasn't on my A game, I wouldn't There's no guarantee I would have even made money on that big breakout. And so I really shouldn't even get Fomo for missing it. I I'm grateful today to lock up another green day.

We've got two days left in the month of August and then you know summer's over. September's starting up, and statistically, Q4 is where I do the best. So going into September and then really, October, November, December. So that means you've got kind of about a month to get yourself ready for Q4 the month of September.

And I encourage you to get yourself ready because you know, seasonally. Typically it's that Fourth Quarter where we see a lot of opportunity, And that doesn't mean that's when you want to start trading because when you first start, you should be either in a simulator or trading with small size. So it's better to get your practice and get your experience in now August, September. So when we get that hot, you know the next hot streak.

Whether it's October, November, whatever it is, hopefully you'll be better positioned to actually participate in it. All right, So I hope this is helpful. I hope you guys enjoy the recap as always. thank you for hitting the thumbs up and being subscribed the channel Reminder: As always my results are not typical My experience trading has not been typical and there is no guarantee you'll find success as a trader whether you trade on your own.

You learn from me, so really, take it slow. but I'll see you back here first thing tomorrow morning for the Morning show And we've got another episode of a podcast coming out this week, so I hope you've checked out the podcast, but I'll put a link in the description for it if you haven't already. Okay, thanks so much and I'll see you guys tomorrow. Enjoy the recap.

What's up Everyone All right? Well, I got a little annoyed today so I shut everything down. Uh, so I'm gonna open it back up just so I can do my uh recap for you. One of the things for me that feels super important is when I'm just not feeling it just to stop right there. And I woke up this morning with a little bit of a headache.

I actually went to bed with a headache, I took some ibuprofen and in the middle of the night I was just like ah, don't feel great So woke up this morning, You know, whatever I mean I I sat down and I traded but I felt like you know as soon as I started to get into a trade that wasn't working. I just was like you know what I'm done like I just felt like I had a really short fuse today and you know what? Some days it's like that for whatever reason. I you know it's just the luck of the draw. But so today the first trades that I took were on um, Olb and you know I did fairly well on it.

Um, got green on Olb started uh this morning and I'll pull up my um my trading account for you as well. So you can see that I started this morning with a a long trade on the breakthrough uh, 220. So bought for the Breakthrough 220. we got this squeeze up to 233 236, pulled back, popped up, and I got another trade at the open high of 250.

That was sort of my first target. I was hoping a break at 250 and squeeze up to 255, but at the open it just sold off hard and so whatever. Um, I'm not super shocked, I was hoping it would go higher, but this doesn't totally surprise me either. So got got out 2600 bucks from it halfway to the daily goal and then um, you know, I started watching Stbx.

I was watching Jay-z these dead cat bounces and Stbx. I took my first trade on it. Um, right about here for the breakout. I got it at 7 14.

goes up to 723. A 50 000 share seller pops up. I bailed for a 30 loss, it comes back up again and I was like okay, let's try this again. Uh, the seller broke.

I got in at 25 and then the new seller is there at 50 or at 7 30. And on this one, instead of just cutting it, I added at 7 15 and I added more at seven. and then I bailed at uh at seven as it broke that level. So I ended up losing 700 bucks on that trade.

Is it catastrophic? No, it's not really a big deal, but that was just enough for me to be like. you know what? I'm done. I'm not fighting it today. False breakouts.

You know, leading Gappers. We didn't have a lot of action. that was really good. Um, so I just decided I didn't want to push it.

and let's see. Um, I'm just going to pull this up here. my other login. All right.

So basically today our Gap scanner. So I'm just loading up the Gap scanner here. We had Olb as the leading Gap, or we had Ahi second leader Hill, third leader B way, fourth leader, drug, fifth. And you know, aside from Olb, we just didn't have anything good on the Gap scanner and so that made me really nervous about trading anything hitting the high day momo scanner.

High Day Moment scanner works well when you have a strong Gap scanner because things are hot, stocks popping up, keep going. But when, um, the when the Gap scanner is slow and you don't have a lot of strength there. Usually what ends up happening on the high day moment scanners. these pop up and they're not sustained, they roll over, they flush, and you know, maybe you'll get a few that end up working.

But it's just very hard to predict which ones are going to work and which ones are just going to be nasty. So you know this one right now is starting to open up and in a typical market I would be like okay, it's holding up here, you know The high was seven was a 17 417 dips down back to 399 on the bids that's straddling the whole dollar. But you know, typically I'd be like okay, this could be a first pullback following that breakout for a move up to 450.. you've got your Sma right there on the daily Ema's a little higher, so yeah, typically I would say okay, I'd punch it long here at 418, right? That's the that's the high and what's going to happen.

We'll just see on this one. So it's 4 12 on the bid, 419 on the ask. So now I'm in the red on the trade. If I if it breaks four, I'm gonna have to hit the bid.

There's 405 on the bid, there's 402, I'm gonna hit the bid, and there's 393.. just like that, I'm knocked out of the trade. Another loss. And that's how quick it happens.

And if this thing pops right back up to 418, I'd be pretty frustrated. Now, the reason in a hot market I would have bought there is because that's a micro pullback on a strong stock that just moved up at almost a dollar a share. That is sometimes all you get for the next leg up to 4 450, but when the market's a little colder, those just do not perform as well. So um, you know, just be really cautious.

I'm grateful to have a green day. Uh, there wasn't much to trade today, but I'm a little annoyed that I gave back uh, as much as I did on Stpx because that was I. I. I should have seen that coming.

It was just I and I was already like, i don't think I want to trade it But I was like, yeah, whatever. Okay, it's moving. it's moving. Don't hold a bias.

it's moving. So if it's moving, that's enough. But and then I lost 700 bucks on it so you know it's been. Um, it's been a little bit of a a slow day here, but we've got two days left for me in the month of August.

And small green days are totally okay. So a small green day here on Monday be nice to do the same on Tuesday and Wednesday and lock up in no red August. I'm pretty close, but I got to keep my head down, stay disciplined, and a no trade day would also be okay if there's nothing that looks great. So that's the month of August.

It's been a terrific month. In fact, it's been the best month of the year, which is not common. I wasn't really expecting August to be the best month of the year, but it has been. I had a slow January as you might recall, good in February, March, April.

But you know the fact is, last year if we go to 2021, um, last year I was doing so much better and I was like averaging 200 000 a month. I mean, this was like 400, 400 slow month of 58, 199, 193. You know. I mean this was like really great.

So you know what I'm hoping is going into the Fall we have. you know, a really nice stretch where I can throw down some really nice green days and get back up to 250 300, 400, maybe 500 000 months between October, November, December. Because that fourth Quarter is usually when things pick up for me, you can see last year that uh, August and September were slow, April and May were slow, and really where I made the most was January, February, March, October, November, December. and that is totally typical.

That is generally when I do the best first quarter last quarter, middle of the year. You know, with summer and stuff like that usually is slow, so I'm looking forward to the Fall. You know, I've been talking about it for a while, but I'm I'm hoping that we see some really nice action and I can, um, lock up a really nice, um, a really nice Q4. So you know at the end of the day being consistent is most important and I'm trying to stay consistent.

Stay green, not over trade, not overstay my welcome. So got a couple of nice trades today and I will live to trade another day. I'll be back at it first thing tomorrow morning for the morning show. Thank you guys for tuning in and I'll see you in the morning.

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