What's up everyone? All right? Well, yesterday was a pretty choppy day for me. I'm gonna break down a little bit more of yesterday in today's recap because now I have yesterday's metrics uploaded. So yesterday I had the biggest PNL swing that I've ever had intraday I was up unrealized. fifty thousand actually fifty thousand dollars.

So I went from zero to a fifty thousand, then two down to seven thousand dollars. made my way back to up 25, then up 19, then up 29, then up 18 and finished up 19. So yesterday was a wild day yes, skips a roller coaster and when I came in today while I felt that I was just ready to have a good, you know, easy, calm day, as soon as I saw LG HL ripping through the V web I jumped into it and sized up it squeezed from 650 to 750 to 850 to 950. and through that move and then the dip, the first dip and then the pullback in the pop back up I made over ninety thousand dollars.

So pretty awesome day. I'm up 95,000 but I'll be honest with myself in that typically what I do each morning is I start by building a cushion and I didn't start by building cushions I came in swinging for the fences and I'm asking myself why was I so aggressive on my first train and what was really the risk on that trade of hit gone or the other way you know and my feeling on it is that I was aggressive because I was still carrying that frustration from yesterday and I think that that's something that I probably all traders struggle with is that as much as I felt like I was totally clean like you know, like just a blank slate like today's brand-new fresh day. and you know my head was clear I sat down and just immediately fell back into the kind of that pattern that I was in yesterday which was being really, really aggressive and that's what resulted in that big swing in the piano. So how do you kind of break that cycle? Sometimes it can be a downward spiral.

I mean today it happens to be a little bit of an upward spiral, but it could have gone the other way, you know? and so it's not really a the right in my opinion strategy to come out of the cage swinging every single day. So I think for me, it's stepping back a little bit and maybe taking a couple days of capping my sheer size just to kind of like clear the slate a little bit. Just really. I thought that I came in this morning with clear head that I really wasn't there yet.

hey girl! So I don't know, you know. Typically when I've tried to say okay, I'm gonna meditate I'm gonna just try to like, like be really present. you know, have the presence of mind that's helpful but in a moment I can slip back into that cycle and so I think what I found is the best way to cure it and to help break that cycle is to bring myself down to really small share size. Now it's hard to want to do that after having such a big green day today.

95-thousand tomorrow? who knows. maybe a little bit wildcard. Friday we'll have some really great action and then if I trade a small size I'm gonna miss so much of it or leave a lot on the table I don't know I You know if I do see something tomorrow that looks really good, trade the market you're in. Why carry that emotional burden of you know? oh, you've got to do this.

You've got to do that. Just be aggressive. The market is still pretty hot, so you know I've made money on Wednesday made money again today. try to do it again on Friday but it almost set myself up a failure and not be aware that I was too aggressive yesterday and again today.

Kind of a tough spot to be in I Don't know I I don't know I I think I know the right thing to do I Just don't know if I'm willing to do it. It's a trait of smaller share size. Tomorrow it is. Friday At the end of the week it's been a great week, so maybe that isn't the end of the world.

But I don't know if I'm if I'm going to be willing to do it or not because the sacrifice is potentially leaving a lot on the table. and then of course that can trigger FOMO and frustration that can create its own set of kind of issues. So I think tomorrow. I'll come in I'll see what the Gap scanners look like if they look good.

I'll try to be aggressive, but maybe I'll make a note to myself and just leave it on my computer here to start by building a cushion. base hits baseheads going through those home runs. Yeah, Okay, I got all right. it's nice.

It's nice when it happens, but more often than not in my career when I've been swinging for homeruns, you know what happens a strikeout and that's what happened yesterday. So you know I'm gonna put this note here as a reminder to myself tomorrow to start the day by trying to build that cushion rather than trying to swing for a home run on trade. number One. All right.

So I hope you guys enjoyed the recap. We're gonna break it down l GH l 90 plus thousand dollars in profit trade to Bo X Lv x RT and didn't do as well and you throw those. But overall a green day. Learned some lessons, continuing to gain experience with every day that passes I hope the same as you and I'll be back that at live streaming tomorrow right around 8:45 9:00 a.m.

for the pre-market watch list. Alright I'll see you guys that enjoy the recap. Everyone all right our once. So we're going to do our midday market recap and go over the trades from this morning and kind of break it down.

So as you may recall, yesterday was not a great day for me. I was uh, you know, really kind of frustrated with my performance yesterday. So I'm gonna pull up my calendar here and we're gonna zoom into yesterday real quick. So this is my year to day calendar as you can see here, so we've got June or July let's see where am I um oh I Got a wondering why I can't see today or yesterday.

All right. So July 15 so we're gonna jump in there in a second and today it's a really good action. lgh LBO Excel at the Xrt Total profit Ninety five thousand, nine hundred eight dollars and 56 cents. Not bad I Stepped up to the plate I was pretty aggressive and part of that was because of the action yesterday.

So yesterday's action for me on Junior JC was really frustrating and sometimes when you get knocked down, you get back up on the horse you know, kind of with a little bit of a you know, vengeance. and so this was the action from yesterday for me. I was up fifty thousand dollars, gave it all back and was down seven grand, then worked my way back up to up twenty five plus five. was up only nineteen, then was up twenty nine down to up only eighteen and then finished up nineteen.

So you know it really was a pretty pretty sloppy day yesterday. I was really frustrated myself. this is the biggest intraday P&L swing I have ever had ever I have never had a day where I was a $50,000 and then went red and so I had two back-to-back losses of about twenty twenty thousand dollars 22 or 23 or my 4 so that was pretty pretty disappointing to have happen. And although it was good that I got it back here I then lost a little I made some back in the afternoon and then gave back what I made and I finished the day.

kind of frustrated you know I was like man, this is really kind of discouraging that I had such a great day and I really pushed my luck on it. And you know what? The first trade was the best one and that was yesterday on Grjc. So the first trade yesterday on Junior JC was the best one. It's now curling up a little bit now and that was Camera where it was now, but it was somewhere I can't remember now where it was, but wherever it was in here, my first trade was the best.

and then as the day went on, this thing just got more and more difficult. So today as I sat down at about 8:45 leading gapper was LG HL gapping up a hundred the gapped up 139 percent. But if we look at this at let's see just 8:55 A.m. Let's just say at 8:55 a.m.

it had one point two million shares of volume. At that moment it was up 57% and LG HL So we can look at this chart here. that was when a hit pulled back right here. So I sat down and I was like okay, it's our third leading gap or we had a couple others above it which we looked at and I was interested in but this one was pulling back and I said you know if they can get back above the volume weighted average price which is at 6 then that's why I'm interested and right here it kind of tapped 6 or 590.

I didn't get it and I'm just kind of watching it and then right here is it break 6 I jumped in first with 5,000 then 10,000 then 15, then 20 as it squeezes up through 750. I went up to 25 to 30 to 35 - I think 36,000 shares and this actually went from $6 all the way up to 950. So with 36 thousand shares, $1 shares, $36,000 $2 a share is 72 thousand and almost three dollars. a share is close to ninety thousand.

or actually over a hundred over a hundred thousand. So I Sold! Let's see, let's go to the 1-minute chart. Alright, so I'll back this up here. So this kind of like Jrj see, yesterday gave us a false breakout and I wasn't happy with that.

We have so we have this big move up. it dipped down I actually added on this dip down here. That was kind of my final add as it ripped up here and then failed to break 950. Rather than say I'm gonna hold it and give it a chance to come back up and retest I started taking profit out I still held a small position but then it pulled back some more I did another dip trade and then came back up here to a high of 924.

So by the time the bell was ringing, I was already out of the position and I was not holding into the open. the bell rings and I did jump in with 15,000 shares at about 837 it rips up to 9. I was looking for the break of 9 and a squeeze up right here all the way up to I was looking for 950 950 - it did not hit that level, it flushed down and I actually took a loss on that I then bought coming out of the halt going down for a bounce. it didn't really bounce up that much and I took another loss.

Then it sells off some more, sells off some more and then I got back in at 925 right here. So this is where it was sort of basing out and I got back in. right there it hit a high of 952 and then dropped back down and that I believe was my last trade on it. So kind of like yesterday.

the bulk of the opportunity and the profit was pre market and what I got during the trading day was a couple losses and then some smaller profit and honestly it is discouraging to have the leading gapper which I thought looked really good at had news it was a recent IPO stock. There's no resistance on the daily chart being a recent IPO I really thought this had a lot more potential and so I feel a little discouraged that we're not seeing better follow through because when I had this awesome pre market trade here from 6:56 70s, 7, 8 up to 9 5 I was like wow, this one is going to be huge today and you know I was already well in the green pre market. the bell rings and it starts selling off so it's kind of discouraging. Junior JC did the same thing yesterday and EQ it's now bouncing up a little bit but I'm not trading that one here EQ actually was a little different now that one was fine.

What? I was thinking of another one but I can't think of it off the top of my head. So in any case, obviously Gene yesterday was really frustrating for me. I ended up being read on it I traded it in the afternoon and I made money and then I gave it all back and was down six thousand on it. It's now halted secondary offering priced at five and they're not going to resume trading until Monday which is really kind of strange.

So I don't know I I think that today I Kind of kind of over compensated for my frustration from yesterday and that can be really. that can be really dangerous because sometimes when you overcompensate after having a loss or having kind of a, you know, whatever messy, messy day it can compound and you can start to snowball and you can roll into a second big red day or something like that. you know, if this had failed, obviously it would have been a good-sized loss premark. I wasn't starting with small size I was going in with big size right away.

so I don't know. maybe I need to step back a little bit cuz today I think I was trading a little emotionally from yesterday's frustration I thought that I was kind of clear-headed but then all of a sudden I'm increasing my share size to 40,000 you know, max share size to 40,000 shares and it's like okay, I'm being extremely aggressive and I was extremely aggressive yesterday and that's why I went from a 50,000 to down seven because I was holding a huge position for a big move and then you know it failed. So easy come easy go. Yesterday is a great example of that $57,000 swinging the P&L and I'm glad that I got back to Green yesterday.

My Commission's were about $2,000 so let me see two thousand, five hundred and forty nine dollars. Commission's for yesterday because I've traded a lot you know I got myself read and I tried to get myself out of the hole. So though you know that's kind of insane, that's that's it's a lot of money in commissions. So yeah, and I was kind of feeling like yesterday was similar a little bit to how I was trading in March where I had some days where I would trade right till 3:00 or 4:00 p.m.

and I you know would be churning commissions and just getting too aggressive. So today, although the PNL is good, you know it could have. it could have gone the other way and then I'd be sitting here with probably the biggest read day of the year potentially. I'm glad that I had the presence of mind to not try to like hold the whole position for a move to ten because I was sore thinking.

Part of me was like hey, you know what, this thing has no daily resistance. It's got breaking news. It's a recent IPO set up. This is the type of stock that could easily go to twelve Fifteen twenty dollars, we could I could have easily seen that happening today.

and with a big position from down here at, you know, whatever was that could have been the biggest winner of my entire career. Although I will actually say that this probably was the biggest winner of my career today. I didn't actually think about that, but although it wasn't as as big of a winner as it might have been if I had gotten the move to Fifteen I think this might have been the biggest winner I've ever had in one single trade. It's not the biggest green Day I've ever had, but the biggest single trade winner Because if I go back to my reports here.

so from January 2000. so let's just look at this for a second. So what did I do? So this is from January 1st 2017 so the biggest gain was 38,000 and so I definitely topped that today, but we'll see when I import it tomorrow. What? The total was So and unfortunately because of yesterday's big loss, it actually screwed up my profit loss ratio for the the whole month of July.

So the whole month of July my profit loss ratio. Look at this: my average losers aren't at $2,000 Remember what they were before Yesterday Before yesterday my average losers were only 1,300 My biggest loss was 12,000 and then yesterday I had to 20,000 plus dollar losses and now my average losses have gone to down you know - mm. So now I have a negative profit - loss ratio. Fortunately, my accuracy has been really good at 79% but that's a little discouraging.

So in any case, again I I don't mean to be you know Negative Nancy or whatever you might say I I just I I look at my trades and some of them I feel like really really good about and I'm like wow today I really crushed it and I do feel like today was a great day but I feel like it was a great day because I happened to come in kind of really still like I don't know whatever it is from yesterday, frustrated and sort of emotionally fueled and short fuse and Ray just you know, swing hard and take a try to hit a big home run just to make myself feel better from the frustration of yesterday. And so while I do feel better that I have a 96 95 thousand dollar green day, I'm also able to be honest with myself and say that I was I was really too aggressive and the risk reward profile on that first trade was not good because usually what I want to do is build a cushion and then once I have a cushion start increasing my risk not going on the first trade swinging as hard as I possibly can because if I miss if I'm wrong and I'm wrong you know this month 20% at a time then you know what's the loss on 20,000 share. Position Four Five Six Seven $10,000 You know that's that. That can put me right down to my max loss on the day, which is $10,000 right now.

So in any case, I have a good morning there and so you know that's that's some good progress. I have a couple other trades that I'm working on over here. These are longer-term trades, so I'll talk about this more for warrior pro students. so these ones are kind of on the side making a little bit of progress in my TD account, which is which is good.

So I'm kind of shifting gears I think for the rest of the day and kind of focus a little bit on some of these longer-term positions and I'll see if I can just kind of clear my head and hopefully when I come back tomorrow. I feel a little bit recharged and and maybe tomorrow I'll just trade with smaller-sized to finish up the week with a green day. Today was great, but if it had been a red day, it would have just created this kind of spiral that I really don't want to have happen and this is a spot where you know. I I haven't really? You know the last few months have been so strong I've had only a couple red days, so I'm just concerned that if I have a big blowout day that it could really throw me off and I could start this kind of downward spiral.

So I've just got to be really careful that I don't have something like that happen and then end up giving back a lot of profit. But anyway, so you know as always you know the the profits that I have today. You can't assume that these results are typical. I've been doing this for a long time, only in the last six months if we had the level of volatility in the market that's allowed me to generate some winners as big as this.

So you have to understand the day trading is very difficult and even for people that are you know really have been doing this for a long time, it's still challenging and so you have to assume when you come into the market that the odds of success are very low, the odds of failure are very high. and one of the most important things is for you to study, focus on learning a strategy and practice in a simulator. Before you ever trade with real money, you can practice this simulator and you know if you can't make money in a simulator, you have no business trading with real money. It's as simple as that, so prove that you have what it takes to be profitable in a simulator before you throw a real money at the market and don't blindly follow me or anyone else.

Just cuz I made money today doesn't mean you would have made money if you just blindly followed me on all my trades. bo XLV xrt to smaller losses but or well, actually a winner I'm Bo XL but I was up about 2500 on Bo XL my last trade on it was a loss I did the first five-minute candle to make a new high I bought that with 20,000 shares and was looking for possibly a 30 or 40,000 share position for the first 5-minute candle and then I moved back to the high and I ended up stopping out with a small profit and I was kind of frustrated on that because I you know took this position and kind of held it for the big move and then got stopped out. My only trade on the xrt was along for the break of 17 here and that didn't work so stopped out of that. but fortunately for a small loss.

All right, so that's where I sit here at the end of the day, so this is gonna bring me up to close to $400,000 a profit on the month of July which is crazy and you know again, we still have 11 trading days left in the month. Yeah, 11 days left in the month. So you know if I have a couple of more days like today, this could end up being a really great month. even better than it already is.

But what I really need in order to have like a really really good day and a day where I have a good start and then I keep making money is a stock like LG HL to rip through the pre market highs right here. Oh it was so close it looked like it was. The hot level was like just over $9 It looked like it was about to halt and I was look that with my 15,000 share position thinking if this thing halts going up here at 9:00 what's it gonna do, it's probably gonna resume Higher might resume up around 950, maybe 970. it'll dip down for a second I'll add on the dip I'll already have 15,000 I'll have another 15,000 get myself up to a 30,000 share position.

look for a second squeeze up through ten to ten fifty. maybe a tap of eleven, maybe a second halt. That's gonna be another thirty to sixty thousand dollars of profit. I mean I was visualizing it.

You know it's like visualizing the parking space. I was like this is this is the potential of what this could do and I saw the potential but it failed unfortunately on that one. What I did right was I did cut my loss. It was a loss.

but I did cut the loss so you know I'm glad for that. That's better than yesterday. Although today wasn't perfect, it was better than yesterday. so that's it for me.

I Hope you guys have a great rest of the day I'm gonna be I'm gonna be here going to be hanging out for a little bit I have a couple things I need to do, but you know if we do see some afternoon momentum I might come back but I think I'm just gonna I don't know, maybe maybe I won't do that cuz I already felt like yesterday I kind of overdid it so I might just call it a day here and just come back tomorrow. All right. So I'll see you guys back here first thing tomorrow morning 8:00 Live Streaming around 8:45 9:00 a.m. for the pre-market watch list.

All right! See you guys in the morning And that right there was an entire video with no ads I Don't monetize my youtube channel with video ads, which means you guys get to enjoy the content. but do me a favor, please hit that subscribe button and give me a thumbs up and let YouTube know that this channel is the channel to watch if you want to learn about day trading.