What's up everyone? All right? So we're gonna go over the trades from today. Kind of choppy. Uh I mean like the the thing is, this morning we had Spry which was our leading Gap or it was up 84 and this thing was really tricky. So first it opens and sells off really hard.

then it bounces from six, back up to eight. and then if you notice here, we had three false attempts at eight, three false breakouts or you know it failed attempts once twice. Third time there and then it goes here. My first trade was after it went I bought the first pullback so I was like I'm gonna let it break out and go buy the dip that got me green 400 on the name.

It goes up here a little bit higher to a high of 835, it drops down, it pops back up and then at the open we get the sell-off and then it rips up to a halt on resumption. I did a dip in a rip First Trade lost 200. so I'm now I'm up only 200 on the stock. it sells off more I try to buy a dip at 870.

I added 8.50 and I had to cut the loss at 8 30. it just it didn't even. it didn't hold support. So what I was looking at here was this blue ascending support line to hold and it didn't hold.

So I had a level drawn out but man it didn't hold. So uh so I went red on spr y uh and the only so oh my P L on the day. So I'm down 90 bucks. all right.

so more or less a break-even day? whatever. Um so thanks to Gsit and OMH so OMH we had a little bit of a bounce I mean it ended up going up to a high of like 17 which was pretty nice, but uh, you had a nice break right there of 15.50 right? that was clean and it was tricky because you know on this one you just couldn't be sure it was going to break and hold it broke. it came back down. Now it's back about the same price.

so kind of a tricky breakout there. We also had a break pre-market at 15, the whole dollar went up to 15.50 and then Gsit I got a couple trades on this one I kind of bought it a little high but um, but I did get a couple trades that broke out right here dip and rip. so we got a little dip here off of 15 or sorry, uh uh, 350. and then it bounced back up to the high of 383.

But so I was up today at the most 800, I was down at the most 1100 and I'm sitting here down 90 on the day. which you know for me it's like I'm coming in here every day and I feel like I'm kind of just going through the motions of like, all right Well I'm gonna sit down every day I'm gonna trade I'm gonna see what's moving but right now you know my best day this week I had a day where I went up four thousand uh, 800 or so I can't remember the stock now but then I gave back all but 1600 of it. so that was my best day of the week I think that was on Tuesday and then Wednesday I was read Let's see Thursday I was green and then today I'm I'm down 90 bucks. So it's been kind of a slow week, but you know I mean this is one of these things with trading.

um I can't wait till it gets a little bit hotter. But one thing that I'll say is that you don't get um, you can't have and enjoy those really good uh weeks and months if you can't get through the bad weeks and months because they're gonna happen. So my goal right now is just to kind of keep grinding. Keep the draw Downs as few and as far between as I can keep them as small as I can.

so you know a red day today 90 bucks. Like obviously for me, that is fine, it's It's essentially a break-even day. I came in I showed up, got a couple trades, didn't get in the Zone on anything and I'm walking away more or less flat. So small loss for me.

but that's that's okay because I have to show up every day because I never know when I might when we might have that big move. you know I had a great day on Tuesday pushed a little too hard, gave back two-thirds of it. still finished green at a. you know it's just periodically.

all of a sudden like this day here where I was up eighteen thousand. you know, didn't see that coming this day here where all of a sudden I'm up. you know, 11, 000 or these ones of eight and nine. you know they just all of a sudden you're sitting down, you've got a great scan and boom We're Off to the Races So I gotta show up every day.

So I keep showing up and days where it's a little cold. I'm just like, you know I'm not gonna push it too hard if I can get green and make a little bit. that's awesome. If I lose a little bit, that's okay too.

But what I don't want to do is in a cold Market dig myself a hole because if I take four or five thousand dollar losses, ten thousand dollar losses. I'm not having those types of winners to compensate for it to make up for it. So generally I don't like to have a red day that I can't make back in one good trade. like a thousand dollar red day.

That's that's fine. Look, I'm up a thousand bucks on Gsit. That's one good trade, right? it doesn't. It's like not a big deal.

a five thousand dollar red day that's a little bit hard. You know that's that's gonna take it in this hold market right now. A five thousand dollar Green Day would be a really good day. So a five thousand dollar red day would be a really bad day.

I'm gonna try to avoid those I Keep the red days small. A thousand Fifteen hundred. You know, a hundred dollars. That's fine.

That's good. Green Days 1500 2500 Some 35 4 500 days here and there. That's cold Market Stuff that's just keeping keeping yourself limber. You want to trade every day.

You want to be here. You never know when something's gonna show up. You know how quickly things can shift from cold to hot. And so the idea right now is kind of Treading Water Survive to thrive.

And this is the way that I trade through colder markets. and by doing that, you know for what it's worth. I mean we're over a year uh, right now into a cold market. So I could just go to like 1 1 2022 and we could look at, um, see, look at my win-loss expectation.

So you can see here. like you know, had a bit of chop at the beginning of 2022. Kind of smoothed out here. Had a little slow period and then had a little hot period.

A little slow period, a little hot period, a little slow period waiting for the next hop period, but more or less the line's still going up. it's just going straight up. Is it going sort of flat, but sort of up? or you know, something in the middle and right now I'm just happy to be making progress. You know that to me is like that's what it's all about.

Just continue to make progress, continue to gain experience I Trade every day I Trade for income. You know this is kind of my my mentality of like I want to hit a couple hundred dollars a day? 500 a thousand. That feels good to me and in hot markets it's crazy how much more than that I can make. and I would never have believed when I started trading that I would ever have a day where I made six figures.

but you know of course I have which is incredible. Um so yeah, right now. just kind of um I think we're sort of in between momentum Cycles which I sort of predicted at the beginning of the week pop he knows halted today by The Exchange so that is going to weigh on Chinese stocks. The Chinese stocks in general have been kind of slow this week anyways.

and so that's you know we had AI stocks in April China stocks end of April beginning of May and now this has been sort of a week of in between. And the problem here is that we don't have you know stocks that move up today like S P R Y I didn't really like this one because the float's a little higher, just didn't feel that. it just didn't feel right. And you know I got green on it and then a back profit.

Maybe I should have just stayed in my gut. not traded at all. but I did go green before I went red I just whatever. So anyways, that's that.

Um, but we're just in this market where I feel like we'll see things pop up but they're not going to hold very well because there's not a lot of uh I don't know, there's not. There's just not a lot of enthusiasm and so you know. One of the other things I mentioned is we're seeing offerings. We're seeing a lot of these stocks, have a couple big days and then do an offer.

A couple big days, do an offering and that is going to be that. That's a sign of the economic environment that we're in right now because a lot of these companies you know over the last year things Revenue has not been maybe what they would have been two years ago and so their cash balances are getting. You know their position's not as strong and they're gonna need to raise money. So when their company has a good day, you're going to get offerings quick and that you know news offering, news offering cycle kind of tamper down momentum because people just start to feel less and less confident buying and holding these stocks.

So it's sort of like hot potato. get in, get out, don't over say you're welcome but then uh, that sort of just it feels like that kind of cools the momentum whereas during a hot Market you have people who are buying and selling quickly but also have people who are buying and like thinking I'm gonna hold this for a couple days because look at the last few Momentum stocks they went up 400 in a week. So you have a variety of people buying and that creates more imbalance on the buy side. You just have more buy support I don't think we have that right now.

This is a market to be a little faster in. Take your quick hits, get in, get green, get out. You know today I overstate my welcome a little bit. But I don't regret that because I didn't not like I had a fantastic Green Day and gave it all back I was up 800 and went red and you know that's that.

That's all within totally normal range. So yeah, that's where I'm at right now and live to trade another day. So I'll be back at it first thing tomorrow morning. uh sorry Monday morning and I hope you guys have a great weekend study up.

If you haven't checked out the classes, come over to Warriortrain.com Check out the classes Warrior Starter Warrior Pro Membership Day Trading Basics And then Day trading strategies and those are my Flagship courses. so check them out and I'll see you guys back here on Monday Morning Reminders: Always trading is risky. My results aren't typical and there's no guarantee you'll find success. Maybe trading your own? You'll learn from me, so take it slow and practice in a simulator before you put real money on the line.

I'll see you on Monday Morning.