What's up everyone? All right? So I'm gonna finish the day here up $5,100 A solid green day it is thanks to LEDs So some great opportunities on that stock. Feeling good about another solid day in the market? The last week or so, we've seen some really good opportunities with you. my DPW CET X camera over what we had on Monday but oh no, that was Humi, you know. Anyways, PS TV on Friday We've seen some good stuff which has been awesome, so momentum is definitely picking back up, which means it's a great time to study up.

I Encourage you guys to register for Day Trade 101. Alright, the link is below. you guys can check it out. It's a new class.

it's totally free. Three chapters, get into it, learn as much as you can, because this is a time where we got some volatility and it's time to capitalize on it. All right. So you guys first thing tomorrow morning for the pre market analysis around 9:15 All right everyone.

So we're gonna do the midday market recap here today. I'm gonna finish up 2,900 three dollars in my main account plus another two thousand one hundred ninety seven dollars in my retirement account which is over five thousand dollars on the day. Not bad at all. I Added a little bit of extra profit on this last break on L.e.d.s of Eighty-five right here and then adding for the break of for selling up here at 405 and then I aggressively added back at 405 for the break of 410 thinking we would continue and stopped out at 95.

but this right now is a great example of why you keep your stops. Because if I was still holding this right now with six thousand shares, well I'd be down over three thousand dollars. So you know you gotta throw in the towel when it doesn't work, Break out or bail out today. Accuracy on point I had a total of well I think three losses and I actually traded more times than I can count because I was so active on L.e.d.s So total shares traded here: seventeen thousand, eighteen trades on in my main account and then in this account I traded 82,000 shares.

so and 70 trades. So that's probably my average trade was about nine thousand shares. So it's about ten trades and each trade being usually three. Buy orders a three thousand share, so one two three and then sell half, sell half sell half.

So like six tickets, seven tickets for each trade I mean it adds up for sure, you know, and and that, but that's how I that's how I trade. its breakout trading and getting in, getting out, taking the profit and so there is, you know, to an extent churning some shares, but that's just part of the strategy and I'm okay with that. So anyways, really nice action here and let's kind of start from the beginning of the morning. What led me to this? $5,000 Green Day And this is a you know, we've been on a nice little hot streak here for the last week or so.

I think we started Friday was it last? Friday no it was Thursday and Friday I made six grand on Monday morning I made another 4,700 before I ended up coming back in the afternoon and taking some FOMO trades yesterday. made a thousand bucks and now today up five thousand and I am NOT going to do any FOMO traits afternoon I am not even gonna look at the charts after I finished this recap. I'm just gonna say it was a good day and I was back tomorrow and I'll try to make it another solid green day. So the gaps came this morning leaving Gap or here.

timeframe historical day: Oh, are leading Gap or was my Oh but I wasn't interested in my Oh because it's too cheap. This is just a cheap stock and I just don't care much for it so no interest in this one. Next one down, Jag X Now Jag X is technically meets our criteria. the five point criteria for being a stock worth trading.

It's got the price between a dollar and ten. Thirty percent gap, less than a million share float, three million shares of pre market volume and ahead news. However, What? I didn't like about it? There were two things. One, the sock had hit a pre market high of 260 and was already fading back down.

So I said if it can break the level of this high right here I started Been looking at this as a pivot. you know it's there stepping down so if it can break that level then we're gonna be starting to trend up and maybe we will retest the highs. We've certainly seen that type of thing happened before, but if it can't break this level, I'm not interested. It did not break that level and so I never took a trade on it, but I also didn't really think it would break that level because it's a cheaper stock with already three million shares of volume.

I just didn't think it was likely the bell would ring and it would squeeze up 25 30 percent. It just felt it's a little too cheap, a little too thickly traded, and it's already shown quite a bit of weak. So that one I said is it maybe and I'll keep it on watch which means I'll just put it in my level two like that and watch it but not seriously interested. So I put it down here actually.

So then next one down was LEDs LED Yes I looked at and I said this one is a little tricky because it is. It does have a nice pre-market chart. Pre-market high is 292 or 287 so it looks good. It's got news and the news is interesting.

It's disclosing that they've received an offer from a individual investor in China to buy six hundred and eighty thousand shares of the company stock at three dollars a share. So they're gonna have a board meeting I guess on August 30th at 5:00 p.m. to discuss that offer. So I hadn't been accepted yet and and it's um, I guess unclear to me, at least how the offer would be, how the purchase would be structured or anything like that.

It's probably open to negotiation like anything else. So in any case, you know you've got someone here now putting up a buy a bid for six hundred, eighty thousand shares at three dollars. And so that kind of psychologically puts in the floor of the stock because there's someone else out there that thinks it's worth that at a huge dollar. One point eight million dollars.

So so I looked at that and thought, okay, that's that's an interesting headline and I like it for a break of of 290. So the bell rings and it squeezes up and I jump into 290 and I added three dollars squeezes up to 325 for a nice winner. It then pulls back here for a second. It does and let's go to the 1-minute chart.

It gives us a 1-minute pullback right here. Okay, which I traded and it gives us a move here up to 25 up to 30. Then it pulls back here. It gives a little scalp here at 38.

I Was cautious and I did not take this trade because I felt the five-minute was a little too extended at that time. That was like right here and I was like I don't know it's a little extended at this point I had already made $3,000 of profit the trade so I was like you know I've made some good profit in this area here I don't know I don't want to get back profit I gotta be really careful but it ends up holding this level and giving some really nice dip opportunities right here right here and then this nice break here and I just kept trading basically each one of these pull backs here here. I think I traded this one and lost small loss. got back in here that worked I then got back in right here.

that worked but added up here a little too high and then gave back some profit. So you know I was very active on this one. took a lot of trades and I feel pretty good about the total profits 1,500 plus that's a thirty-nine forty and forty four hundred dollars on that one stop. That's a terrific day.

So that's L.e.d.s right off the watch list and you guys knew I was gonna be a buyer for the break 270 or 280 and 293 dollars because you know we were talking about a pre market. So I feel good about that one ears I was a little disappointing. this one hit the high damn almost scanner and as soon as it hit I pulled it up and saw the it just squeezed up a lot and so I jumped right in for the break of $3.00 at 290 and added at 3. it broke 3 and hit a high of 310, then started to come back down.

I hit the bid, took some profit, held the rest through this consolidation, and then sold the rest down here. So I did make money on it and that's because I was being a little aggressive on share size and that's of course because I was up so much on L.e.d.s and it's a really good example of how when you get yourself in the driver's seat on the day you can afford to be a little more aggressive, take a little bit more risk, and then sometimes you know with 6,000 shares you can grab 10 cents a profit and on a trade that you wouldn't have taken if you'd been, maybe read on the day or only up a little bit. PS TV is the only one that I saw today that I hesitated on it, squeezed up, it got halted, opened a little higher, pulled back, and right in here at 9:00 I was watching it and I just felt like the spreads were big. It didn't have a fresh catalyst and the risk was too high.

So I just said, you know what? I'm gonna just play it safe, it's a little more expensive and get into trouble on it and I'm gonna leave it alone. so that one left alone and I guess I Ended up missing an opportunity here on the scalp. went into a circuit breaker, halted 10:13 opened a little bit I guess basically flat, popped up for a second and then sold off. So not the most impressive move.

but anyways, right now just trying to really, you know, have some solid back to back Green Day's I Would love to finish off this week with two more. Green Day's on a Thursday and Friday So yeah, go try to make it happen. Alright, so that's it for me. I'll see you guys back here tomorrow morning.

9:15 pre market analysis. Hopefully we have some good stocks on the scanner then we can find our way to Sue to some profit. Alright, see you guys tomorrow morning if you're still watching. you must have really enjoyed that video.

So why not subscribe and get email alerts any time? I upload new content. Remember when you subscribe, you become a member of the Warrior trading family.