What's up, Everyone All right? So I'm going to break down my recap for today's trades. It's a green day in a bear market, and I'm grateful for that. I just had a three-day red streak and today broke the red streak by being green. so I'm I'm really grateful for that.

I didn't make back everything I lost in the previous three red days, but I made back about about a third or maybe 25, which is good. You know that's that's fine. and if I can have a good day tomorrow, then that kind of finishes the week. Still red probably, but just not as bad.

So the bar is set kind of low for what I'm going to consider to be a successful week at this point. And a successful week would be if I can finish tomorrow just with some small profits. Green and not red, so we'll see what I can do. But at the same time, red days happen.

and a successful red day is a red day where you cut your losses quickly and you move on. And I think I did an okay job of that the last few days. I could have done a little bit better, but you know it's I'm having a little bit of a hard time at times right now, not getting stubborn and frustrated when I get into a trade and immediately reverses. And so I've got to be careful about averaging down and being a little too aggressive when things really aren't hot.

Um, that's something that I need to get better at and it'll help me to, you know, perform better in a bear market. So we'll talk about it quite a bit during this recap. I hope you guys enjoy it. If you do, please do me a favor and hit the thumbs up.

I hope you're subscribed to the channel and I'll see you first thing tomorrow morning Live on Youtube right around 9am for the morning show and reminder. Uh, the market's closed on Monday for Memorial Day, so we've got a long weekend. but we're back on Tuesday And also a reminder in case you didn't already know, trading is risky. My results are not typical.

The typical result of most beginner traders is that they lose money. We don't track the typical result of traders in our community, so we can't make any guarantee that you're more or less likely to succeed than the average trader. So please trade cautiously and practice in a simulator before you put real money on the line. All right, I hope you enjoy the recount.

All right everyone. Well, um, just recap here today. Green Day recap. And um, you know, look at Gamestop.

I mean this thing's gone from 116 to 148 here. today it's up 27. Sometimes I feel like I don't know, making it harder than it needs to be. I I just I don't understand on Gamestop where all the buyers are coming from in a way because it's like to me I'm like this isn't gonna go back to 500 Like or or is it maybe it will.

Maybe it will. I don't know but it feels like I don't know, just we're coming in resistance here. Kind of. It just feels to me like it's overdone, like we've had our our move on it and then it just keeps kind of popping up and then popping up and then I mean it sells off but then it has these days where it just goes crazy and I keep not trading it because I'm like now you know this is don't don't get into this the you look at the level two and you can see right now you know 50 cent spread and you know you could jump in that and instantly be down 50 cents a dollar a share.

You're taking a lot of risk on this type of stock. look at how fast that just dropped to 43.70 43.50 I mean it moves fast and it's on relatively light volume. 6.2 million shares so it's not like you can really size in with big big size. at least most of us probably can't so I don't know.

I I just kind of keep missing it. Um, the S P 500 today also like straight up and so this is kind of interesting. You know I mean setting sort of the stage for you know, how I trade today I guess. But overall market has been stepping down as we know We've been in this Bear Market since January for the most part and we double bottomed sort of off of this like 385 level on the S P and we had a low of 380.

let's see. Um, let me see that P L uh member posting his P L today and sitting at least thirty thousand thirty? So sixty seventy five, almost eighty thousand dollars of profit today. That's impressive. Good for you and you've got your 500k badge.

So uh, very good. Good job. Good job for you. You locked it up trading a large cap stock, but that's good to see.

reminders always. My results are not typical and we don't track the typical result. We're happy to have people you know share their P L and and throw it out there. It's good to see, but just remember, there's no guarantee for success in trading.

There are no guarantees, so take it slow uh, and practice a simulator before you put real money on the line. There's no guarantee that you'll be a successful trader if you learn from me or that you even have a better chance of being successful versus learning on your own. So just really mind, mind your risk. Uh, but anyway, so the S P 500 and I think he probably did well today because the large cap, uh, trading.

I mean this is sort of how large caps are. They trade very closely to the S P 500. so you know you'll The S P 500, of course, is an An index Of the 500 Com these 500 really large companies. So the S P is actually you know you think Oh well, this is the S P is dropping so this is going to drop.

Well, those are dropping. which makes the S P drop because they're an index. So Tesla moving up a bit. Um, Apple.

Uh, let's see Apple moving up quite nicely. Facebook and of course these are our tech stocks that have been really volatile. But in any case, so the S P 500. Nice to see it bouncing here and you've got this trend line which um, some large cap traders pointed out to me that goes way way way back.

So kind of bouncing off that level at 385. I don't know. You know. I don't know if this is just a relief bounce or if we're actually going to get continuation, uh, for a couple days, back up towards the 200 moving average.

maybe into next week, but it's been a pretty rough start to the year for the overall markets and you know my, my trading has been, uh, pretty slow as many of you guys know. So this is where let me refresh this and we'll go over the trades in a second and just you know, kind of staying the stage. So I locked up my third consecutive red day yesterday. This is the third time this year I've had a three consecutive day red streak.

So three days in a row. right there. Three days in a row. right there.

Three days in a row, right there. And you know. I mean, obviously, that's um, not not super fun. I mean, I.

I kind of feel like, um, this this year has been a bit of a grind. You know. a couple steps forward, a couple steps back, couple steps forward, a couple steps back. Uh, so I've got my four red days for the month of May, but three of them are clustered together.

Green today by 6500 on Rdbx and Sprc which is good and hopefully I could be green on Friday and then green on Tuesday. Remember, the market is closed Monday for Memorial Day. Uh, but if you you know, think about kind of what this market's been. Uh, it's kind of been like this.

This has been me this year. There we go, and I'm down. It's been a struggle. Two steps forward, two steps back, two steps forward, two steps back, and I just I'm having a hard time getting into the groove.

So I'd like to know which one of you guys has been recording me while I'm in the gym because I don't appreciate it. Uh, today I got in, I got green and I got out the gap scan leading gapper Tc Tcbp. Tcbp is a cheap stock at 76 cents, so you guys know I didn't care about that. Skipped over it, I said, nope, I don't care about that.

next leading Gap or Sprc Sprc. I traded the other day and I want to say I lost money on it. but this morning it pops up right here and I jumped in it as it was popping with 3 000 shares at about 3 30. uh, this was on a little micro pullback.

It rips up to 377. I took the profit for 1200. I got back in at Uh 4 10. it squeezes up to 450.

I wasn't able to get profit over that 450 level. Uh, I ended up selling as it came back down and then trying to do a dip trade off of the V web and then it flushed. So I ended up being up 3 400 on it, gave back half, and I was actually probably up, um, closer to 6 000. Unrealized.

But I wasn't able to lock up the profit. so this one kind of a bummer because it just came right back down. It just sold off hard. Uh, and then we had uh, second third leading Gapper Ymtx.

no volume on it, no trades, dltr, uh, this one higher price, no trades. and then we had Rdbx, which you know it's kind of funny because they there's this um, headline that came out that they were being bought out and this was the day where it actually dropped and I guess the buyout price was lower than the trading price. And so now and it was supposed to close the second half of 2022. And so I guess there's kind of speculation that if the stock price is high enough, maybe the deal won't go through.

So now you're thinking, okay, are there institutional institutional traders? You know, hedge fund traders out there? They're trying to drive this price higher so the company doesn't get bought out for the lower price. You start to think, what are the mechanics here that are pushing this higher and I'm not really sure it traded in kind of a funny way, but I was able to make a little bit of money on it. and we had some trades early in this area here. first pullback, second pullback, and then trades at the open and trades on this break right here.

We had a high of 60 869 three Doji's in a row reversed off that level. We weren't able to hold those highs so kind of pulled back. It gave another attempt, but I didn't trade that. I was just like no, I'm done.

I don't want to push my luck, so um, you know. Anyways, I kind of felt like today, you know I was down 10 000 Yesterday I was down 9 000 the day before and I just felt like I don't really want to push it. So this is where I sit on the week before today. Down, you know, 20 22 000 bucks which gives back everything I made the the prior week.

I was up 20 25 000 or so. I guess I don't know. 13 plus 7, so 26, 27 000. So I guess I'm still green versus the last two weeks and well now today I'm up 6 000.

So when I when I sat down today, I actually opened up my small account uh over here with Cmeg. This account has a balance of about 4 600 in it. I had used this uh, earlier during my last small account challenge and I was like you know what? if there's nothing that looks good, I'm not even gonna touch my big account today. I'm just gonna.

I'll take a couple trades in the small account, I just I I'm down 20 grand on the week and I don't want to snowball. I don't want to start to get down 30, 40, 50, 000, you know, and off my all-time highs. So I was kind of like you know what? Let's just, well, let's just trade in the small account and maybe I'll take you know, a thousand shares or something, get a couple base hits, get in, get out, and not really try to focus on you know, making a lot of money. Because the problem is inherently today with my big account.

It's hard not to be thinking about the fact that I lost 10 grand yesterday and and yet when Sprc started to open up, I was like okay, this looks good, I'll jump in and I trade that. Like I said for first 3 400 then gave back half and then I got an Rdbx and made some money my my the most I was up today was about 70 200, 7300. So I'm closing pretty close to my high of day which is good and you know that that actually recoups about half of you know, a little more than half of what I lost yesterday And so today ended up being a day where I was able to dig a little bit out of the hole. It was a good day for you know, digging out of the hole, got a couple trades, made a little bit of money, but at this point I don't have the risk tolerance to touch something like Gamestop and so I just don't want to push it and I feel like I'm I have to still be in the sort of this headspace of digging myself out of the hole being a little bit more conservative.

You know, after three green days you're like okay, we obviously have to tighten stuff up a little bit, so I'm glad that I'm green on two out of two stocks I traded and I just don't want to really push my luck. I want to just say you know what? There you go, You just went from down 22 000 on the week to down 15 right? or whatever 16. let's do it again tomorrow. Let's see if I can come in here tomorrow and have another small green day.

And and listen, if there's nothing tomorrow that looks great, I'll trade in the small account and if I make a couple hundred bucks, that's fine. If there's nothing that looks good for the small account for my big account, then I won't. I won't even trade in it. So you know this is kind of referring back to Um, you know the criteria that we've talked about of: does something meet the five out of five criteria of being a stock worth trading? and you know, on basically all the stocks I had traded earlier this week.

none of them really met that criteria. So let's talk about Sprc. and I don't remember if I traded this earlier in the week, because if I did, it actually probably did meet the criteria. The float on this, the float.

the price. Those are right. The relative volume 22 is right. And we had news out today.

it wasn't phenomenal and I guess I traded it on Tuesday, but I don't really remember. I don't really remember how he did on it. Um, just kind of popped up and then pulled back. Uh, anyways.

so today it was one of our leading gappers. It was pretty obvious, so that was fine. I think I had the right idea on that. and um, and then Rdbx.

I had the right idea on that relative volume. A little lower, but but high enough that I think it was okay. So you know, today I had a couple that met the criteria. But when I first sat down this morning before Sprc and Rdbx were on the scan, I was like, you know what? I'm not trading Tcbp, I'm not trading Ymtx, Whatever.

I'm not trading these, so this might be a no trade day if there's nothing that meets sort of the the most basic criteria of being between 2 and 20 and having a float of under, you know, 15 or maybe 10 million shares. I'm not going to trade at all in the big account. I'm not going to put the big account at risk for a fourth red day in a row, but fortunately we got something that popped up, so I'm going to do the same thing tomorrow tomorrow. I'm going to be very hopeful that we'll have something that's between 2 and 20 float under 10.

High relative volume. News Catalyst, You know, already moving higher on the Gap scanner is one of the most obvious stocks, and if we have that, then I'll trade and I'll be aggressive. And if we don't then maybe I'll just trade in a small account. And I was even so.

here's the thing I was thinking last night. I was looking at my my P L on the year and I'm sitting at 343 000 in net profit. My gross profit is 458. Holy smokes, I've spent 115 000 on fees and commissions and I'm only averaging a net profit of 3 700 bucks a day.

The gross profit is 4 900, 5 000, but the net is only 3 700. So I thought, geez, 3 700 bucks. You know I'm trading a lot of shares to get that 3 700. Um, you know, what does it look like to trade and a commission free broker like Td Ameritrade obviously probably have to trade with smaller size, but on some days when there's not a lot moving, it's free commission.

So I don't know. I'm I. I might. I'm just thinking about it because I'm not.

I'm not averaging as much as I was in previous years 2020 or 2021, so it feels like it might make more sense to be using. Maybe there's more benefit to using a commission free broker right now. While things are slow this year, you can see I've had a big loss of 43 000. I think this was on Sava no Jcse, right? right? Um, but I haven't had a big winner.

My biggest winner is only 22 grand. So this year my metrics are not great. I've got a negative profit loss ratio. Average winners are 12 500, Average losers are 1600.

sorry, 1200 1600 average losers. Accuracy is only 64 percent. You know it's just I'm not doing as well. uh, as I did.

um, you know, before And and so am I over sizing in a bear market. And I think that the answer is a little bit that I am and part of it I think is I'm chasing those winners. I'm trying to chase the numbers I'm trying to. You know, I'm jumping in looking for that extension.

I'm trying to get those big trades and then I just keep. They just keep like not happening, not happening. and so I feel like I'm you know about to get that next big trade. I size up.

I've got 10, 15, 25 000 shares. I'm looking for that extension through and then it reverses and I feel like that's kind of the the grind that I'm in where things start to open up and then you know they just come right back down. Um, it's kind of like this. I'm like in the groove and then I'm dead.

It's like I feel like I'm like okay here we go Here we go and then I'm right into the wall again right into the wall. I'm just like I'm not. I'm we're not getting that extension. I mean we are occasionally, which keeps me stepping up to the plate.

but then more often than not it's not happening. And you know I mean you could look at Sprc on this one. I added for the break of 450. I was like okay here we go.

Five dollars coming up next? Nope. Came right back down Rdbx added for the break of 850. I was like okay here we go. Came right back down.

Double top, pulled back so it's like it's starting to open up and then coming down, starting to open up and then coming down. And so I mean you know I was. Part of me was like okay, well just jump in and stop adding. you're adding too much, you're sizing in too much, you are being a little too aggressive and I think part of that is I'm trying to squeeze as much profit as I can.

I'm trying to, you know, get blood out of a stone type of thing. I'm trying to get as much as I can out of this market and so I'm trying to hit you know, with bigger size and just get in. Get out, get in, get out. But the fact that we're not getting these big extensions is just hard.

And you know I know Jorge. You've got this approach of buying off of support and right now in this market I don't have the confidence to be buying this like below V web. You know I'm like it's below V web. I just I don't know and then so I end up still it.

So it's like in in a hot market I'm more confident buying support buying dips because things keep getting bought up. But in this colder market I get more nervous because we just see things pull back and then they just keep dropping like we saw in Sprc. It just kept going lower and so even though people might say well, breakouts aren't as good in a colder market. Well, that's true.

But the same time buying dips is pretty risky in a cold market as well. So like I just I get kind of. You know, breakouts are kind of like the bread and butter because like, you get the break you get in, you get out, you're done. And when you've got high volume, especially pre-market with breaking news, that's when you can do well.

You can get those nice 25 50 cent squeezes as it just continues on the breakout. But it seems like as the market opens and we get further into the day, the breakouts are kind of getting smaller. They're just not the same level of volume. There's not that same follow-through and so if you start over trading, especially later in the morning, you start just getting these false breakouts and they just get really gross.

So I don't know. um, I but I'm looking at my metrics and I'm like, okay, well you know, hey, at least you're making money. The market's pretty terrible. It's the worst it's been.

I think they said this is the worst. Uh, first, the worst start to a market year in the history of the market. So it's pretty bad. Uh, and you know at least you're still making money.

That's good. I I saw someone mention that this is the best they've ever done. Um, you know these last few months and I'm like, okay, that's I mean good for you Man, Like, that's awesome. Your strategy's working.

That's great. I I talk to a lot of traders and I haven't heard a lot of people saying this is the best they've ever done. There's a few people that I've heard say that, but the message that I'm hearing from more traders than not is that this is a difficult market and there's not the level of volume to take big share size. We're not getting the extensions to kind of accommodate big size for big moves.

And what I'm seeing across the board for the most part with a few exceptions is that this is not a year where people are setting too many records for profit. Uh, and and I'm not either. So you know again, I mean that maybe because I'm more people in my circle are Momentum traders and so, um, that's the. um, I'm hearing about that experience.

You know, some traders who are trading large caps? You know, maybe having a different experience? Uh, than I am. But but even large caps, you know, like stocks like Tesla, the volume right now. look at the volume right now versus 2020. I mean it is.

The volume is so much lower and that volume is what allows you to get in and out with those Big Five 10 20, 000 share positions for quick five. You know, 10 point moves on stock like that and even Gamestop. I mean, the volume right now is just so much lower than it was. Uh, although today it's it's certainly higher, so you know.

But again, with trading, there's ups and downs. and there's hot markets in cold markets. and if we go back. So I had a cold, a colder year in 2019.

2018 was hot, had a really good year, Crypto hit 20 000, Bitcoin hit 20 000. Crypto markets were really hot, small cap market was really hot, and then 2019 was colder and I made less in 2019 than I made in 2018. it just felt like the market was cold, like someone turned off the faucet for momentum. and it was cold at the beginning of 2020 and the market dropped 30 percent as many of you recall.

And then we had this huge rally coming out of the low of March 2020 right here that led to this big squeeze up to um, you know, January basically of 2022. although it's sort of slowed down for me, a bit in my profits. But anyways, and then now we're on this pullback. So I think the question on the overall market is, where are we going to base out? How long are we going to be in this bear market? Is it going to be for the whole year? It may be and and that would be fine.

If it is, we'll just let it be. You know what it is. There's nothing you can do about it anyways. Uh, the 2020 drop was pretty big.

We had this drop back here at the end of 2019 which is when the the year kind of slowed down for me. We had um, 2016. This was like a full year 2015 to 16 where the market was basically sideways. Of course you can go back even further to the sell-off in 2007, that then culminated at the end of 2008, 2009 and then that recovery.

This was a long period where we were down and then came back up. Uh, you know. So basically you hit a high in 2007, slow grind and then the strong rollover with the financial crisis and then by 2000 you know, starting basically in 2009, things were moving back up. So you know I would say you know from this point.

Oops, From the low back up the rally, it doesn't You don't need to be at all-time highs. If you're rallying, you're you're rallying, you're you've got strength. It's these you know, periods which you know here lasted, you know, about a year of this pretty strong sell-off which was also this massive financial crisis. You go back further and you can see of course you had huge strength through the 90s and then around 2000.

going in 2001 you had the dot-com bubble bursts and you had this period of sell-off which then reversed around 2003 and again then you had that rally so you know where we're at right now. The market is certainly pulling back quite a bit. We may be in for a you know, long year or multi-year pullback. It's not impossible, and so the question is, what's the best way to survive it? You know how to get through it.

And I think on the one hand, what I'm doing is working, I'm making money. I'm just not making as much. But that's okay. Uh, and then on the other hand, can I be more efficient? And can I improve on this strategy? And that's kind of what I've been talking about.

Um, you know, and so being willing to look and look for opportunities as they present themselves. Whether it's on large caps or mid caps, or you're looking at shorting or things like that, I think that that's fine. I don't think there's anything wrong with that. The thing that I am a little bit concerned about is that whatever strategy you focus on, you need liquidity.

You need volume and relative volume preferably. And so today, when I first sat down, I was like, okay, Well, you know I can look at relative volume and focus on the relative volume leaders. And I can look at total volume and look at the total volume leaders and see within. There is that painting a different picture than just looking at percentage gapper And it did a little bit.

Um, you know, obviously Rdbx has pretty high, uh, total volume Today Nvidia is the only one that's higher. Macy's was pretty high and I was like, okay, Macy's You know that's a obviously a mid-cap type of stock. would I be interested in trading it and I just sort of looked at it and I was like, no, I don't think so. So Rdbx there, that's good to see you finally got that break of that level.

To be honest, this isn't a place where I would have been super comfortable trading. You did have this break over, kind of. This is like an inverted head and shoulders pattern over 843. The problem is, at this time of day on lighter volume, you've got higher risk of running into walls and having false breakouts, But you know, I'm certainly glad to see it opening up.

Is it going to continue? I don't know. The last two times it came up we had topping tails and it reversed here. and here you do have room on the daily chart up to 11, but I think it would be a little overly optimistic to expect a really clean move out of it. So you know, in a cold market, some people would say well just keep trading, just keep looking for opportunities.

You know you've got to scrape together as much as you can and I sort of disagree with that. I sort of feel like less is more in a colder market. Get in, get out quick, and don't overstay your welcome because you don't want to get burned. So like today for me, I I don't feel like I have a lot of risk tolerance to take a risk on a stock that's already shown me how choppy and how much it can false break, false break, false break, topping, tail, topping tail.

How can I trust buying that stock And we know how fast these can reverse. So you know it's easy in hindsight to say. Well, you did the right thing by sitting on the sidelines. This has moved up and I didn't trade it and you know that is what it is.

But then the question is right here. Would I or should I be a buyer? You've already got, um, this 10 second micro pullback here and you've got second one forming here, which is possibly the beginning of a one minute setup. It's below nine dollars which is whole dollar and you know right now, um, I I just. I don't feel like I can take the risk.

so sometimes that's the way it is. Um, I feel that way a little bit on the mid cap and large cap side too that the ones that I saw today I didn't feel like the risk reward was there. You know, Rdbx is up 30 right now. This is a pretty You know.

this is a pretty substantial game. It's let's see the fifth leading percentage gainer in the market today. You've got a couple others that are higher, but this one's got no volume. This one's got no volume.

So Apyx and Sprc are the only two that are higher and I trade Sprc and a Pyx. I didn't trade. uh, I sort of missed the the boat on it. It started to open up and I was like I don't know about it.

The volume is kind of light, but it went up anyway. so I missed it and I didn't chase it. But the fact that I'm green on two out of the five leading gainers in the market, I think that this is the right place to be looking. You know, I know Gabe.

Um, is up today. 90 000 bucks on a firm. Um, you know, trading with really large positions and catching. You know a big move.

the it's up 13 today so you know Again, I mean it's from 23 to 26. That's three dollars a share. and he was buying 30 000 share uh, positions. So you know that's A it's A it's a serious trade 750 000 trade? That's that's some big money and the reward is is certainly there for him.

But I just don't know. I I just don't know about that for me. Um, I don't know. I'm not sure that I see for me where I would have really wanted to buy this.

The one minute doesn't seem super clean. You've got a five minute opening range breakout right in here and a little bit of a pullback right in here and right in here. So you did get some opportunities there. but these types of stocks trade very closely to the overall market, right? So then you kind of are.

The reason to trade Tesla instead of the S P is because for every dollar the S P moves, Tesla moves probably five dollars. it's just got it's got that multiple so you can on a one point move on the S P, you can get more on Tesla, which is why some people would be more inclined to trade it and I get that. but that's where people are using. individual large cap stock is kind of a I don't know what you'd call it, but as a almost a derivative of trading the market, they're just choosing to trade that that individual stock.

Which is fine. I mean, you could certainly do that, but you just have to be aware that you're trading the overall market generally speaking, because that stock is going to be so closely tied to the overall market and what we know about trying to trade. The overall market is trying to do quick breakout trades. You know, half dollar, whole dollar scallops and things like that.

Those are not easy or they don't have good risk reward on on the S P. They just don't. You get so many false breakouts they pop, they break, they flush. You've got to be in for a bigger move And that's obviously a different, a totally different strategy than those kind of quick day trades Rdbx that pullback ending up uh, getting bought up as it goes a little bit higher up to 16..

I would love to see a stock really open up, you know, and go from 8 to 10, to 12, to 15 to 20. that's kind of what I'm waiting for, you know, And and the day we get it, I want to make sure I capitalize on it. But one of the challenges is right here. You could get in this thinking maybe it's going to and you're trying to anticipate it.

and then of course by the time the move's over, you've missed it. So where can you get in where it's like, okay, this looks like it's going to really do something special and go crazy. Is this the place to start? getting getting ready, and how much does it have to go to really be showing us that it's got that potential? And I'm not really sure, but I think this year I've done too much of trying to anticipate that that's going to happen and then it doesn't So I don't think that I'm as dialed in as I could be. But you know, hey, I'm up 6 500.

it's a a green day in a bear market and I'm grateful for that sitting. Now at let's see 40 45 000 I think on the month. Um, I think after yesterday I was up only 40 but 41 500 so we'll be at 46 47 tomorrow. That's not bad.

That's not bad at all. I mean hey heck that's you know that's really not bad and this is my second worst month of the year. So I really I really feel like um I can't complain. I guess I just I'm you know, like thinking like you you can do better and I've done better.

but but this is the best I've ever done in a bear market. So I've done better in a bull market. But it's not a bull market right now it's a Bear market. This is the best I've ever done trading in a bear market.

So I I think that you know I can have. I could have one day where we have a stock that goes crazy, has super high relative volume, goes up, you know, 200, 300 and on that day I could probably make enough to cover my whole month. I could have one day where I make 30 or 40 000. and the days in between I just have to be really cautious trying to hit these bass hits.

But the challenge with trying to just hit bass hits is the next thing you know you're down 12 grand, You're down Ten thousand, Nine thousand. and you realize, geez, none of these stocks were really. Why did I take that much risk? So you know. And then on the other hand, you could just spend two weeks in a row sitting on the sidelines, not trading at all.

And if you'd been willing to just break the ice, you probably could have made you know a couple hundred dollars, Maybe a couple thousand dollars. Are you really not willing to trade anything unless it has home run potential? Because in a cold market, that means a lot of sitting on the sidelines? I'm not sure the the answer because the problem is once you break the ice, you know you go red on a B quality setup, you've broken the ice. Now it's super easy to justify Trade three, Trade four, Trade five. and next thing you know, you've got five losers in a row and you're looking back thinking, why did I even get up this morning? Why did I even take one trade? Nothing was great.

That was stupid. I should have just sat on the sidelines. But then you sit on the sidelines and you watch something that's kind of only a B quality setup. Squeeze up 15 20 and you miss the whole thing and you're like, huh? Jeez, Maybe I should have been willing just to take a stab at it.

So you know, the fun thing about trading is it is this puzzle and it's kind of a mental game. It keeps you sharp, it keeps you thinking you're problem solving, and you're always trying to do a little bit better. And the good news is everyone that makes it through this market survival, you know, survive to thrive. You're proving that you've got staying power, that you've got resilience, and and hopefully if you're producing some degree of profit.

I mean, that's that's phenomenal. That's a great sign. I know it's a hard time. Um, you know in some ways because you're thinking, wow, this is really cold and we're not seeing the same level of, you know, moves that we saw a year ago, but that's everyone's everyone's in the same boat there, you know.

Like I said, with the exception of, um, some traders with certain strategies that maybe do particularly well in a bearish market. but I I'm not sure. Um, that even again, even for traders that focus onto the short side, I'm not hearing that they're crushing it because we're not seeing the level of volatility that you need to really size up big either way, whether you're long or short. So anyways, I don't know that's it for me.

It's about 11 o'clock so gonna shut it down. 6 500? Uh, digs me out. You know, about 30 or whatever. Um, 25 of what I lost this week.

So softens the blow a little bit for this week and we still have tomorrow. so we'll hope that we get some nice opportunities tomorrow and can finish the week with one more green day. And then we're going into a long weekend, right? So markets closed on Monday. but we'll be back on Tuesday.

So thank you guys! Um, and make sure you join Uh Jess at 11am for uh, the Warrior Pro Mentor session. You can bring questions over there and he'll walk you through what he traded today and what Uh, you know what he had on his watch list. Okay, I'll see you guys later. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already.

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