What's up everybody? Alright, so finishing the day here: Friday The 9th trading day of the year up nine thousand, six hundred eighty dollars and 18 cents. What a day! We are seeing incredible momentum. This has been an incredible week. It's been an incredible month.

I'm up just under fifty thousand dollars on the year right around forty seven, Forty eight thousand. and you know this is a fantastic month. My best month ever. And this was also just last month.

in December is the best month I've ever had and made eighty four thousand dollars. So right now I actually have a shot at breaking my all-time monthly record. What I'd really like to do is break over six figures in one month to be over a hundred thousand dollars in one month. My goal is that I will do that at some point in 2018.

Maybe it'll be January I Don't know. we'll see right now. we're just seeing huge opportunity. So what is this whole January effect? Well, what happens in December is often in the last sort of week of the month, you see a lot of small caps dip down because traders who have been holding positions for a long time just trying to close out those positions so they can realize the loss in the last in the 2017 tax year and then come January they've got money freed up, they're ready to add back new positions, and so all of that buying creates more momentum in the market.

And I think there's also the fact that traders certainly like myself, we're eager to build our cushion on the year, you know, as soon as you can get yourself up $50,000 $100,000 you can start to set back a little bit and just kind of put it on autopilot. It's getting yourself into that driver seat and that really gives you the confidence to sort of slow down a little bit. So that's what I'm doing. And man, I'm doing a terrific job.

I'm really pumped to have almost fifty thousand dollars in the first two weeks. I've never had such a great start to the year. Now last year was certainly a good start, but I started with only five hundred eighty three dollars I broke a hundred thousand on March 8th and at this rate I mean I'm at forty seven thousand nine days into the to the year. So I'm probably gonna break over 100k a lot sooner than March 8th.

Hopefully, fingers crossed, it happens here in January and I have a record month. So anyways, this week has been just kind of crazy. It's been super busy being out here in the California office. This is my third day in the office.

I Got here Tuesday Night Wednesday Morning 5:30 a.m. drove into the office. It's the days here feel so long because my days start at 5:30 in the morning and then at 9:00 a.m. when I'm doing my midday recap.

That's when people are starting to come into the office here and that's when my meetings start and then I'm in meetings until 6 p.m. PST Then I go out to dinner. you know by the time I get home and back to the hotel which is my current home, you know it's 10, 11 o'clock and then gotta get back up at 5:30 in the morning. So it's basically like my days are three hours longer when I'm on the west coast.

But you know what? I'm getting a lot of stuff done. I've been having a ton of meetings back-to-back meetings, doing lots of planning, checking in on the status of all these projects working on because we've got a ton of things that we're doing for our members for 2018. So I'm really excited to get to the point where I will be able to start showing you some of the things that we've been working on. Those updates will be coming soon, but right now me being out here is just you know, checking in, making sure things are you know, moving moving smoothly and on schedule, on budget, and at the level of quality that I expect for anything that we put in front of our students.

So we've had lots of meetings and then of course yesterday afternoon we went to drive some go-karts Now if you remember from yesterday's recap, I set the bar that I'd be in first place now I set the bar that high because when we went to drive sports cars in Las Vegas I was in second place and I mean let's be honest I was smoking everybody and I was just totally killing it I was tearing up the track so I thought Go-karts I'm gonna I'm gonna nail this thing I'm gonna show them you know what it means to be a real go-kart driver I'm gonna come place Well as it turned out in my first race, I came in last place last place. That's actually the worst position you can finish a race in. It was very disappointing. Now when I stepped back and thought about it I realized as I was driving that I have a lot of things I still want to do I have a lot to live for.

Some of these young bucks out on the team, you know they're just going out there. they're burning rubber. They just want to get in first place. You know what? I let them have it I think they needed it so chase he came in first.

Bill came in second place. Very very good driving from Bill and Alex he came in third place which is respectable I came in last so a little disappointing there. but like I said I let them have it because you know it's it's good to do that as a leader to show that you know these guys. These guys can step up and they can make maybe they'll be leader someday themselves.

So let them get to the top of the leaderboard. first. second, third place and I don't mind being in last place once. I Compose myself we went to Mexican Food had a great dinner, went back to the hotel and then back here 5:30 in the morning for another day of trading.

So today was awesome. Ten thousand, just under Ten thousand dollars. I Mean these are crazy good days. and so as of right now I'm at three hundred and eighty thousand dollars in profits from my account.

This started with five hundred eighty three dollars. So I'm now thirty eight percent of the way to the million dollar goal I Love days where I can jump up one percent a day. So ten thousand dollars is one percent a day and I'm just making my way up so pretty soon we're gonna be at 400. K and then 500 K will be a really exciting spot.

that'll be the halfway point. So anyways, let's break down today's trades in today's midday. Marga Recap Alright everyone, so we're gonna break down the trades from this morning. So I did a Facebook livestream a little bit earlier and then I realized that for some reason my screen was jammed up.

it wasn't The frames weren't up updating so you guys couldn't really see what I was talking about. The audio was okay, we couldn't see anything. so let's try this one more time and see if this time you guys are able to see the screen. so those of you watching live just give me a heads up that you're able to see this and that everything is coming through clearly.

Alright, so let's see I see you guys getting logged in so that's good. Alright, so let's break down the trades now. Today ended up being an awesome day finishing the morning up nine thousand, six hundred eighty dollars and 18 cents! Hey Mike what's up So alright so you guys can hear me? So yeah, I mean this just was sort of a surprise. Great day of trading I really was not expecting it I came into the market this morning.

you know, definitely mindful that you know with my epic loss in go-carting yesterday would weigh heavily on my mind I would not be focused this morning I'd be a little bit more tired and so as I sat down to trade I wasn't thinking I would be too aggressive. So very. First trade my s Z and remember I'm in California I'm I'm not on vacation because I am working but I'm you know I'm definitely trying to sort of go a little easy when I'm not in my home office because when I'm in my home office I'm more focused and you know everything is familiar and just kind of I'm in the zone and out here I've got a lot more distractions so I just kind of like being able wherever I am whether I'm logging in from, you know California office from New York City from Italy wherever I'm logging it I can just log in any morning and make you know 500,000 bucks hey Ryan what's up I see you logging into so you know that's kind of what I go for and not to really swing for the fences when I'm on vacation because I've had times in the past where when I'm out of my office I get aggressive, do something stupid and then that ends up kind of, you know, bumming me out for the rest of the day. So today first trade was my SD This is a classic gap and go trade.

So we're looking at the pre-market chart here, which you guys should be able to see pre market. it was consolidating. It was gapping up on news and consolidating right under two dollars. So I was watching it for a break over what would you guys guess? break of pre market highs.

All right. So pre market high was 198. The bell rings and I'll push my screen over here so you guys can see and I'm gonna close this. Let's see I'm gonna close down this little circle that's going on there.

so there's the P&L nine thousand, six hundred eighty bucks. I'm gonna end that task There we go. Alright and let's see. So first trade was my SZ getting long at 193, 195 and 197 anticipation of the break of pre market highs I Took 7500 shares, it popped up about 15 cents, hit a high of 217 I sold at 207, 205, 206, 205 and $2.00 for 787 dollars and 67 cents in the first 30 seconds of the day.

So this is a very simple trade. it was get a stock gapping up with news with a catalyst consolidating underneath the pre market highs that shows a lot of strength. So I like to be a buyer for the break of the pre-market high. Now there are certainly times where stocks will break pre market highs as this did squeeze up ten or fifteen cents and then roll over.

Just because it wasn't a good enough trade to hold for 15-20 minutes, doesn't mean it couldn't be a winner. So being willing to jump in, take the profit when you're up 10 to 15 cents, adjust your stop on the rest to break even and look. I sold the rest at breakeven right here at $2 now I only held 10% of my position but I was holding that little piece in case it made a bigger move. Alright, so ended up stopping out the rest break-even next trade SG RP s GRP was also on our GAAP scans this morning and remember every single morning I strain my pre market watchlist over on YouTube and then once the bell rings at 9:30 a trade and just in front of our members in the chat room.

So I'm gonna go back here on this scanner and use a historical day of 9:15 a.m. this morning. and you guys will see the gap scan or the same as I sighed this morning. All right.

So leaving Gapper, Pfm T this one I wasn't I wasn't super into you. You guys can go watch my pre market breakdown my pre market watch list on youtube if you want to watch the whole thing. but Pfm T I wasn't that interested in the floats 35 million shares I prefer under 10 million Mara ma RA I was interested in but it already had a lot of volume. it was gapping up on crypto news.

it ended up selling off by the time the Bell it was no good USA you didn't have a lot of volume, was watching it for a maybe didn't really work. so these were all the stocks. I was kind of watching, but my SZ being the third leading gapper is the one I was watching the most closely SG RP down here at a dollar thirty nine I wasn't as interested in it because I thought that it was a little too cheap but I had recognized that it was on the scam and so when I saw it hit my high of day momentum scanners I knew that. Okay, for whatever reason, this is the one that's getting action.

This is the one that's starting to squeeze up. the traders are liking and so I'm gonna jump on the bandwagon and that's kind of what I do I I Don't try to guess which train will leave the station I wait for the train to start moving and then I jump on and I try to jump on before I miss the opportunity. So SG RP it starts moving trains starting to leave the station. the dollar $50 $55 $57 58 it's squeezing up I jump in it as soon as I see it on the scanners I recognize it's moving I buy twenty five hundred shares of the dollar seventy, another twenty five hundred dollar seventy and now at five thousand shares at 170.

Alright, so I've got a pretty good you know, pretty decent entry and on this one, it let me just pull the chart up. Well, look at the 1-minute chart. It ended up squeezing up from a dollar fifty I got it at seventy it squeezed up to two dollars and ten cents and I thought not bad, right? I've got five thousand shares from a dollar seventy. that's 40 cents.

I'm up two thousand bucks but it didn't hold that level. It tapped to ten and then it dropped back down and I sold as a drop back down at a dollar 85. So I actually only made about six hundred and or seven hundred and twenty dollars on my first trade, but that means two trades into the day at 9:33 I was up $1100 which is a great day all right. So I got and I'd started to build my cushion, started to get some profit on the day and then I said you know what if s GRP holds up and it squeezes back up I and always get back in and that's what I did I got back in at $2 I added or sorry I got back into $2 with 2500 shares and a partial fill I then sold it to 11 to 17 and 202 because it dropped back down again.

It then squeezed up to 235 and it pulled back and so what you can see on this chart here is this little micro pullback at 235. Now if I break that down and also note before I change the daily chart that the daily chart was good. It was above, it's moving averages. It was strong.

This is what we like to see. so let's look at a 10-second chart here just for the sake of really dialing in this micro pullback. All right. So we're gonna pull this back here.

Let's see I got a really zoom out. Okay, let's go all the way back here and then we'll zoom back in. Alright I wouldn't use a 10-second chart when I'm trading I just use it sometimes as an examples to show you guys what I'm looking at or why I buy at a certain place Okay, so see here how it squeezed up and hit 235 When I saw that I was like okay, this looks interesting I think I'm gonna get back in it pulls back, it drops down as it curls back up. That's where I got in at - 26 to 26 to 30 and to 32.

that's where I had confidence and so I took 10,000 shares that was at 9:36 and 58 seconds which is right around here on this candle. As it squeezes up, it taps 46. It pulls back, it then pops up to 294. It pulls back I end up adding let's see, let's scroll down a little bit more.

I sell some I add back at 299 $3 I add more at 343 and I'm selling at 350. Let's see where was my best exit? My best days it was 350 and 355 total profit on SG RP Seven thousand, six hundred, forty dollars and forty four cents. Not bad at all, right? So this day started with you know, relatively small trade, a $700 winner and then a second $700 winner Started to build my cushion and then once I had a cushion I was able to be a little bit more aggressive I usually won't start extremely aggressive because I want to make sure I have a little profit once I have profit basically I almost feel like taking a risk is money on the house because I've already built myself up enough margin on the day. Enough room that even if I lose $1,000 I'm still walking away with profit right? Like you know, let's just say I'm you are.

You take a trade. You make a thousand bucks, Fifteen hundred bucks and then you say okay on the next trade I can risk a thousand to make maybe ten thousand dollars. Do you take that risk knowing that if you lose, you still walk away with five hundred dollars I'm gonna take that risk anytime because I know my accuracy is 70% I know that I'm right more often than I'm wrong. So I have the confidence to go ahead and take that trade and so that's what I did.

so that was that's GRP I Also took a quick little trade on Sae X which if we go back and just peek at the Gap scanner you'll see that was also on our scans this morning. See where did I move that scan to? This one was gapping up with news as well. right here at 275 gapping up 13% float is three point five, six million shares so it's pretty low so you know on this one I thought okay well I'm not sure I like it. but then when it started to pop up, that's when I decided to jump in.

So I bought this at three dollars and this was a little bit disappointing because I was sort of aggressive on at getting in at three dollars 303 305 So my average was like 304 and I had like 8,000 shares. it popped up to 350 8,000 shares times $0.50 is $4,000 so popped up to 850 I tried to sell it. oh sorry, it popped up to 350 I tried to sell it 349 349, 348, 346 338 I wasn't able to get filled I ended up selling on the bid at 335, 320 and 319. So I made another one thousand, two hundred fifty two dollars on that trade which was fine, but it wasn't as as much as I was hoping for him.

The last trade I took on SG RP This one was actually a pretty nice one. This was a five-minute setup so you can see on the five minute chart how it pulled back, dropped back down. Then the first five-minute candle to make a new high is what we usually look for. That was over 272.

I decided to get in at 290 I bought it a little bit higher I got in with 7500 shares at 290 and I sold it as it curled back up. Remember first candle to make a new high stop is at the low target his high. A day it didn't hit, it, hit a high of 38 and then started to sell off and so I sold it at 33 and 29. So my first three or four trades were about maybe four thousand dollars of profit and then this last one was three thousand dollars of profit.

So that was a decent trade there and one little final scalp on this five minute setup. here. Again, first five-minute candle to make a new high was over 330 so you can see I'm in with five thousand shares at 3:30 I sold it on this candle as it spiked up to 358 selling at 354 and 352. So overall, this ended up being a great day.

Nine thousand, six hundred eighty bucks is fantastic. Up forty seven thousand dollars on the year, forty seven thousand dollars on the month which is really exciting. My best month ever was last month in December I made eighty four thousand dollars. So you know as of right now there's actually a chance that I could that this could be my that I could break that record.

My goal is that at some point in 2018 I have a six-figure month a month where I make more than $100,000 I've I had that in November and then I I fell back below it which was really disappointing. but November I made an eighty-two thousand December I'm 884 right here in January I'm sitting at 47 thousand dollars on the month and we have til two and a half full weeks of trading left. so you know there's a great chance that this could be a terrific month because what we're noticing right now is January momentum Now when I upload this to YouTube in that upload, I have an intro video where I talk a little bit about the January effect and the momentum that we often see in the first quarter of the new year. So I expect January February and March to be quite strong.

It wouldn't surprise me if things slowed down a little bit in May maybe April and May And going into the summer summers are hit or miss. Sometimes they're really strong, sometimes they're weak, but right now it's an opportunity. and so I Really want to encourage all of you guys? This weekend you've got a long weekend. We've got.

No, the markets closed on Monday A lot of people aren't working, so take the long weekend to study up. so when we come back on Tuesday morning, you'll be better prepared to capitalize on these opportunities that we're seeing almost every single day. I Mean the markets here? these stocks are squeezing up? the momentum is there. The question is just whether or not you'll be able to take advantage of the momentum.

To you know, be a profitable trader and put some money in your pocket each day. Alright, so anyways, that's about it for me. I Hope you guys all have a great weekend. get some rest, those of you who are going to study enjoy going through the classes and feel free to reach out if you have questions.

and I will look forward to seeing all of you guys on Tuesday morning. Alright, so I Hope you guys have a great weekend and I'll see you next week if you're still watching. You must have really enjoyed that video. so why not subscribe and get email alerts anytime? I upload new content.

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