What's up everyone? well wearing my sensei shirt and I barely feel like I deserve it I made 23 hundred dollars today and I finished the day down aqua and finished the day up one hundred forty-four dollars. which feels like a red day cuz it's I gave back twenty three hundred dollars. Uh, not the way I wanted to finish this day twenty three hundred yesterday or some twenty eight hundred. Whatever it was, that was a good day today.

I had a great start and then I had an $1,100 loss and then another thousand dollar loss. So it was like ah so frustrating. We're just not in a market where I can be aggressive and I tried to step it up a little bit and then push for the you know the next flag and get that second breakout and it just didn't happen and I took too much risk and then gave back morning profits. So fifth new rule that I've been sort of adding new rules one by one this month just to try and tighten up my trading is if I lose more than half of my day, if I hit my daily goal and then I lose more than half of my profits from that point I'm done for the day I could have walked away with eleven hundred dollars today and I took that last trade.

Was it a good idea to take that last trade? It was a decent set up, but the fact that today I had already given back half my profits indicates that I wasn't really on today. Something was a little off, so even in a quality set up on that type of day, you have to look at with a little bit more caution. And yeah, well. the good news is I believe Deadliest Catch is on tonight.

it's Tuesday So I'm really happy about that. Looking forward to it later tonight. All right, Any questions, any comments? leave them below. I'll come back and answer them later, otherwise.

See you guys first thing tomorrow morning. All right everyone. So we're gonna go over the trades from today. Today is kind of a disappointing day for me.

I I was up 2,300 bucks and I'm finishing the morning up only a hundred and forty-four dollars. So you know 2,300 dollars basically in losses to finish the day is not a great way to finish the day. Obviously there's better ways to finish, but at the same time I'm still. You know I've got more money than I start the morning with.

So Green is good and sometimes that's just the way it is. It's a couple steps forward, a couple steps back, or a couple steps sideways, and that's the market that we're in right now. So the trades today Vvp are only 470 bucks. Gave back about 1200 on that and I lost 1100 on STG.

So these were the two that had losses. These three were just winners, but there were small winners. Staff: Ata I and ABI L So we'll start. I Guess by looking at the Gap scanner from this morning.

so this morning, like like really any other morning, starts by going over over the Gap scanner and seeing if we can find something that. well, it's decent now. Today we actually had a bunch of gaffers which was awesome. You know this was a better day for the Gap scan than we've seen recently.

Staff right there on the scan. ABI L On the scan, you can see those two. I traded a couple of others. they didn't trade a FMD leading Gapper, however, a five cent tick stock, so not surprising to see it kind of just chopping around.

I Mean it's moved, but you're not in a way that's really easy for me. So staff is the one that I was really watching and I had a nice pre-market chart. However, it started to sort of break out towards the end of the pre-market session. It opened down just a little bit and so as the bell rang on this I jumped in it for my first trade on it.

Let's see was a break: a 336, 339 or 330 right around there for a break over 340. Thinking of it broke 340, we would retest the pre-market high of 347 and then hopefully break over the half-dollar So I got in this anticipating two setups, one break of pre market highs to break over the half dollar. So I'm in at 33. it pops up, doesn't It hits 46 and really doesn't hold.

So I ended up selling that for a small win. whatever at 40 45 and you know 38. so like about 250 bucks on that. It then drops down and the first one minute Kaelin to make a new high is over 325 right here.

So I got back in at 322 to anticipate that and so lit 328 as it couldn't get up above 330. So another like 300 bucks there put me up whatever. four hundred or 200 bucks 150 put me up four hundred and four dollars on the day on that stock. So you know that's a good start to the day.

And then we had VV PR All of a sudden VV PR it hits the scanners. It was not on the watchlist. it just hits the scans and starts taking off. So on this one I said I've got to reset these scanners.

let's see this morning so hits the scanners and I see it a dollar 75 and I'm like okay, that's interesting you know. But I'm not sure if I can get in it there because it just kind of popped up out of nowhere I think I'll give it a chance to show a little bit more strength and then it squeezes up to a dollar eighty a dollar, ninety and two dollars and I was like wow, okay this thing is taking off I'm gonna jump in. so I jump in at ninety nine to 11 and to 13. So I'm in.

this a little high with like 8,000 shares and then I ended up adding it to 30. So now I've got like 12,000 shares or 10,000 shares with an average of 214. I think goes to 14 and it pops up to a high of 243 which is a really nice move. As you can see I mean basically straight up.

so I'm this one I Felt comfortable jumping in because it had made this quick move. It's a former runner. it looks strong. so I jump in I sell half a 240 book like a thousand bucks and sell the rest I guess it's coming back down here.

So total profit was $1,600 on that tray I Get back in or maybe 1400 I get back in at 95 204 and I'm selling it 99 and 209 for basically a break-even trade. So you know I tried to get in here for the first camel to make a new high as it popped up. didn't end up really being a big winner, you know, just kind of choppy. so that was kind of whatever.

So at that point I'm up 1,600 bucks I'm DBPR I've got 400 on staff so I'm up like $2,000 on the day just like that which is awesome. I then took a little scalp trade on a TA I which we are watching from yesterday. it's it's continuing a little higher but it really wasn't very easy to trade. I jumped in it actually right here at 80 for the break over the high a day.

It did a false breakout to 89 and then faded so that didn't really work but I was able to make a little bit on it a bi al I took a small scalp on this one at the half dollar that was right here I got in at 45. it pops up to a high of 55 but again it didn't hold and then STG hits the scams. So I see this one hit the skin and we were actually watching this one yesterday during the class because it squeezed from six dollars to eight bucks. It ended up coming back down now this morning as I saw it taking off.

I was like okay this thing is strong if it breaks over yesterday's highs. that's very interesting and it showed the potential to move yesterday. So as I saw hit the scan and pull back here I was like okay I'm gonna jump in here at 760. Target is a retest of yesterday's high 787.

It pops up to 776 and then the next candle drops all the way back down to 697. I mean it pops up and then it comes all the way back down. So on this one as basically I got in at 60 I thought there was a hidden cellar but it broke. They went out 276 and then I dropped back down to sixty and that kind of hidden cellar was back.

and that's when I was like okay I need to start piecing out of this. so I start piecing out 58 59 underneath the ass trying to unwind this position I'm able to unwind most of it and then it starts dropping and I start selling the bed and so I'm selling it 40 and 28 and 25 and 10. and I think I still too rested at Seven four. Let's see where was this? Lots of trades: I'm vvp r8 e a STG Lots of small small execution so the last fill was 750.

Yeah, it was $7.00 It basically drops down to seven and then I'm out the rest of it. So I'm like that down 1,100 bucks and I just came back half of the day's games I don't have a hard set rule right now and I'm looking at my set of rules about walking away if I've given back half of the day's gains. but at that point I was up like $900 or know we'd be 1,100 and then I get back into VV PR I try to take a scalp on it, it lose on it and then I get back in one more time at 2:15 and 226 and stop at 207. So my last trade I'll give you PR I'm in right here and added at 25 so my cost basis is 20 and then look what happens.

You know it's just disappointing because this was first camel to make a new high. target was 30 I added 25 at taps 30 I wanted to break that level and then one candle drops all the way back down to 2 so you know Should I have just said at this point, take the 1100 bucks and walk away. Should I have not taken that trade? Did this have the potential to go too high a day? The 200 moving average was here but I thought maybe I could break it I don't know in hindsight yeah I should have just let it be. but you know in the moment I was thinking the have the potential so I don't know I don't like I said I don't have a hard rule about giving back half my gains and then throwing in the towel.

but I think I'm gonna make one here. so I'm just gonna write down. if you give back half profit, walk away because it starts to get. you know you start to get frustrated and annoyed.

So I think I'm gonna make it a rule number Rule number five. This month has been a grind. I'm up like two thousand dollars on the month. You know, three hundred and seventy thousand or three hundred sixty eight thousand on the year.

It's been a great year, but this month has not been fun. I mean it's just been sideways. 79 total trades today. You know it's like this.

Makes me feel like if Jesus I should just take the whole month of. you know I should just take the whole month of August off next year. but I guarantee that if I do it. August is gonna be the best month of the year next year.

so you know that's that. Feels like the luck of the draw that I'll or maybe my luck that I'll take August off next year and then it'll be like the hottest month of the year. So I I don't know. and then of course if I trade next August it'll be the same as this year.

It's just the way it is so it's a tough thing. I that's kind of FOMO but anyways, so whatever. 140 bucks it's a grind. A little bit of profit though.

you know more than I started a with so that's always green. That's good. It's not a red day, so I'm happy with that. So you know, put it in the calendar the one hundred fifty ninth day of the year 144 and eleven cents.

It was kind of disappointing. You know we had a couple good opportunities I was a little late on the first trade on VV B R or V Vp r and STG was just nasty and I'm probably lucky I only lost 1100 on it given how fast it dropped. so you know that's kind of I don't know. that's kind of where I'm at right now.

It's just it's frustrating. But you know the last I've been coming in here every day for the last three weeks and just not making a lot of progress. but yesterday was Green Day 2,300 bucks. today's flat.

Hopefully we'll have a green day tomorrow and you know could try to finish up this week. Green Wednesday Thursday Friday that would be that'd be nice. See if I can finish the month at least in the green so it's not a red month. I'm in the green right now, but not by a lot.

So I got to keep trying to build up that cushion a little more a little more and remember that better trading will be on the horizon. you know, in three months last year, November December January I made a quarter million dollars. So actually you know I made a hundred. and yeah, it was about two hundred eighty thousand dollars in three months.

So when the markets are hot I can be aggressive and I can really put the pedal to the metal. But in this type of market, you know these these kinds of setups on? well, this one's gotten a little higher. but you know these types of setups that look decent just end up not following through. Not enough traders in the market, probably people just being more cautious in general.

You multiply that by a hundred thousand traders and the result is fewer breakouts. They're not as well sustained and so it just kind of continues. But anyways, that's it for me today. I'm just gonna, you know, put the day behind me, be happy with 140 bucks and hope tomorrow's better And we've got class at noontime.

All right, so that I'm looking forward to I'm and that's gonna be a lot of fun. So class at noon. today's a scalping class and I'll see you guys, Warrior Pro students in about an hour and everyone else. I'll see you guys back here tomorrow morning and hopefully we'll see some better opportunities.

And I'll be working with a new rule which is if give back half your profits, walk away for the day. Would have preferred to walk away with a thousand bucks today following that rule, then to be breakeven. But you know again, it's like if if you had a day where you gave back half your profits, that right there is indicative of choppiness in the market. So it's like walk away.

Don't expect the next setup is going to follow through. Well, if we were seeing good follow-through you wouldn't have already given back half your day. But it's easy to say that when you step back for a few minutes and look at it, it's in the moment that you can get you know, tunnel vision on. Okay, where's the next tray? where's the next opportunity? And that's the battle we all have.

So you know, Psychology trading is something we'll be talking about in class tomorrow because that's that's a big one we all We all go through it all right. So hope you guys have a good afternoon and I'll see you students in about an hour and everyone else first thing tomorrow morning. All right Bye guys, if you're still watching. you must have really enjoyed that video.

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