What's up, everyone? All right? So here we are. It's the end of 2022, the final recap of the year and today was a roller coaster of a day. I mean I I don't even know I mean this year's been a roller coaster, so it's like it's only. it's fitting that the last day of the year would be kind of a sloppy day for me.

I started by making 2 000. I lost it all I went down a thousand I rallied back up to up four thousand. Then I lost half of it and then I rallied back up and I'm closing the day at 3500. Uh, just under 3 600.

let me log back in. Uh, I actually closed my platform. So this is my uh, my margin account which is taxable. no taxable gains.

Switch to my retirement account. there's 35.99 77 cents. That's not bad. All right.

So that's how I'm going to finish the day. Uh, why don't we start by looking at let's see. Well, let's look at Pally first. Uh, because that was the first one I traded today and it was the one that I made 2000 on uh and then proceeded to lose.

uh, two thousand or three thousand on so pally? What in the world? What kind of chart is this? This is crazy. This doesn't even look right. Okay, so I started trading it early. Um, my very first trade of the day.

Let me go back all the way back here. I Took a lot of trades today. My very first trade today was 570 long Pally All right. So and that was it just before 8 am, so that would have been right in here.

uh, 570 as it broke through here I basically bought this so it starts to pop up. it hits a high of around 80. uh, it dips down and I'm long right here at 570 5.72 I take some profit going up to 580 and I made like 400 on that first trade. Okay, so not bad I then get back in at 588 and add at 598 for the break of six, it hits a high of 605 drops down I lose 200 on that trade I get back in for another trade here for the break back over six, it drops again I lose another 150.

now I'm up only 50 on the day, but I've already started churning commissions so no doubt I was read after fees and commissions comes back up I actively trade it I get back in it and I size up at 520 and 525 and it squeezes to 550 I take my profit off the table I'm up 1500 on the day I get back in, we get the squeeze up to seven I'm up 2 800 on the day I'm like all right, not bad or maybe it's 2 200 something like that. I was up over 2 000 on the day and then I got back in at seven and added 705 right here. stopped out as it dropped back down, gave back 1300. So now I go from up 20 200 to up.

you know, a thousand, then uh, right in here it pops up again. I try to get back in on this candle and I stopped out on this candle now I'm red on Pally and I'm like son of a gun. and then secondary offering announced news comes out secondary offering and it sells off. The offering was priced at uh, let me just pull up the news.

So all right, So I'm going to type in Pally Oops. Pally Click on this so let's check the news. Um I thought it was 2.36 but let's just check Uh 237 to 2.37 Uh, and they sold warrants as well. Okay, so that's the offering.

It drops and I'm like, well, it's no longer the leading gapper, the stock is dead, it sells off, and then it bounces from four and it comes back up to like 450. Here comes back down to four. It's just a Bear Flag It looks weak. There's nothing interesting here.

Stocks dead, right? Well, not so fast. This thing rallied back up through 6 through 650 through 7, up to eight. What on a secondary offering news? This does not make sense. So I got back in and I traded it as it squeezed back up and I recovered my losses on it.

Uh and I'm up 397.96 All right, whatever. My best exit was a little over seven. I didn't fully maximize on this move, but I made a little on it so that's fine. All right.

Well that was Pally makes no sense but it squeezed up. Now let's look at Silo this one doesn't make a lot of sense either. Uh I'm red on it 1200 bucks. Uh, was it 1200? Let's just double check.

Uh, 12.91 Yep, read 1200 on silo. So first Silo pops up here early pre-market and it was big spreads. sort of crazy stock. so it hits a high of 566 and the candle on this one has a bit of 510 so it's got a 50 Cent spread.

So I got in at 5 40. and then I stopped out at like 5 10 5 15. I was like nope I'm in too high I thought it was gonna rip through 560. it pulls back, then it comes back up here.

it rips through five six he goes to six I fomo long I get in a little high at for the break of seven it hits a high of 680. it goes to 705 and then it flushes. False breakout right here I lost on it I lost like 500 bucks on it. Another false breakout right there I didn't trade that one and then there was another false breakout that got me.

um after the open and that was right here. That knife and you know we've had a lot of those this year. it's a breakout. it's above view app.

It looks good and then the bottom falls out and this is when I went from up 4 000 on the data up 2800. so gave back 1300 on Silo and at that point I was like you know what I think I'm I think I'm done for the day this is. This is really frustrating. I'm done and actually uh recorded a recap right then and then I logged into my Trader view stats and I made an interesting discovery.

So let me show you what I discovered All right. So I log into Traderview here and I'm you know I'm I'm just kind of like all right, where am I at? Well let's see where let's see where I'm at on the year. Let's let's break it down. so I'm like yep have imported my trades from yesterday 8 000 That was good.

that was nice nice so you know I'm like all right January 1st 2022 So let's see where I'm at in Profit 996 902 dollars son of a I pull up my calculator I go I Go 996-996-902 plus two thousand eight hundred dollars 999 702 I can't stop here I'm 298 dollars short of a million in gross profit on the year. Screw it I'm back in and so I got back in um Silo oh no sorry Pally so I got. that's when I got back in Pali uh and that was uh for the break Uh, right up here on this micro pull back for the break of seven So I got in and it breaks seven I got out and I was like that's it I'm done. That was like 700 a profit and that is now going to put me at 1 million, five hundred dollars and like two cents of uh, gross profit on the year which is pretty good.

and then that's before fees and commissions which at the end of the day is you know, really? I guess the the number. but in any case, um, this is kind of where I'm finishing the year and I'll do a 20 22 year in review 800 and you know, thirteen thousand in net profit I spent thirty seven thousand dollars on commissions and another hundred fifty thousand dollars on Ecn routing fees. So I've spent a lot of money. Uh, you know, relatively speaking, it was 20 of my profit last year.

Uh, if we look just just to compare, you know kind of what it was last year. So last year I was at three. Let's see, my gross was 4.3 million and I spent 400 on fees and commissions plus 75 000 on commissions. so 475 000.

so it was. It was more than 10 percent. it wasn't 20. I guess it was around like 14 or so.

so this year was a little higher. Um, and I obviously made less money this year. So what happened? What was different about this year this year I spun my wheels a lot. It was a lot.

of Churn it was a lot of chop. It was a lot of moves. kind of like uh, that move on Sino or silo that cost me that. uh, thirteen hundred dollars.

A lot of moves like that one right there and I got caught in a lot of them this year. so you know that's part of trading. Easy Come Easy Go Trading is hard and of course you know this. My results are typical and there's no guarantee you'll find success.

Whether you trade on your own, you'll learn from me. But I did find my way to some profit this year and I plan to do the same next year. I'm setting low expectations next year because there's a possibility that we'll be in a recession. We are probably going to be still in a bear Market at least for the first three to six months of next year.

But if the Federal Reserve stops increasing interest rates, we may see a rally. And historically off of this type of pullback, we usually see pretty big bull market rallies. Uh, we just don't know when it's going to start. So I'm here.

I'm ready to trade. I'm going to keep showing up every day and when things start to pick up, I'll put the pedal to the metal. I'll start to size up and maybe next year will be better than this year. Maybe it'll be worse.

I don't really know I can't control the market so I'm just gonna ride the waves and I'm gonna try to manage my risk while I'm doing it because my number one job as a Trader I'm a risk manager right there. Autofocus. There we go. I'm a risk manager so I'm I'm responsible for you know, a relatively large amount of capital I have to manage my risk in the way I trade it and be responsible.

and this year was uh, it was not bad. It was not bad, could have been better, but it wasn't bad. and you know, a million in Gross a great year. 800 in net.

It's a great year and I will do a full year in review. uh later next next week probably. but or maybe not at some point in January But in any case, um, this this, uh today was, uh, was kind of wild. So Dbgi by the way, Dbgi? uh I don't know if I looked at that one.

So this one, um, we had news on it. uh write it. Uh, it was like 8 45 it hits the scanner so let's see. let's go back.

Um, actually I didn't even see what the news is I'll let me let me check Dbgi I saw I hit the scanner I don't know if I actually checked to see it even if there was news I just saw it moving up and I jumped on it. Oh oh, that's right, I did check it I did check it Um, completes the acquisition of this company. All right. So um, so right around eight? uh no, it's like 9 15.

this. this hits the scanner at four dollars and eighty cents I Jumped in for the break of five, added 518, took profit at 525, added back at 5 30. we got the squeeze up to 550 575 and ended up doing pretty well on it. At the open.

we got a gap and go from 560 up to six, but then it sold off as the day went on. Uh, and you know that was kind of. um, the trend today was, uh, some momentum short-lived and then sell-off Pally right now Pali is pulling back. Kala made 400 on that one this morning.

Uh, had a rejection at the open, didn't trade that, had another rejection right there. didn't trade that either I thought this had potential I'd love to see it squeeze up before the end of the day because I I Thought we were going to see the secondary offering, right? They have a shelf registration. uh, it's dated I think November No, sorry. um May So they've got a shelf registration and I kept thinking we're going to see a secondary offering before the end of the year so they get some more money on the balance sheet, but we haven't seen it yet and the clock's ticking so we'll see what happens.

Looks like I got a phone call so I gotta run I'm gonna finish up here. Reminders: Always trading's risky and for those tuning in, Um, remember you can join using coupon code trade 2023 save 40 on your one-time membership fee I'll be streaming next year for Warrior Trading members. The morning show is on winter break so you won't see me next week. Uh, live streaming on YouTube but you can tune in for the Recaps and I Want to thank you guys for being here and being loyal subscribers on YouTube Here's to a fantastic 2023.

let's get after it.