What's up everyone? Alright, so I'm gonna share with you a session that usually I reserved from my Warrior Pro students the first week of each month during my Warrior Pro Mentor session. So these are the sessions I have with all my Warrior Pro students: I sit down and I review my metrics from the previous month, what worked, what didn't work, and usually I come away with a couple of things that I'd like to do better in the you know, the months ahead. and of course that's true this month as well. but January is a particularly interesting month because it was such a roller coaster for me.

I had over $70,000 in winning trades, but I had a lot of losses to where did I finish the month? Well, you learn that as you get into the recap. It was a choppy month and from every one of those big losses that I had, there's a lesson now. I usually share them with my Warrior Pro students, but I want to share them with you guys because I think that there's some lessons in here that are really gonna help a lot of you guys who are just getting started. especially those you guys trading.

had some of the free Commission brokers with free Commission's you can churn. you can trade and trade and trade and trade and more is not always better. I did a lot of trading this month I took 260 trades in total I burned a lot of commissions. My Commission's this month were over $12,000 $12,000 Jessamine Commission it's the record.

it's the highest Commission's my month in a month that I've ever done and I don't have a lot to show for it. It wasn't worth it. So overtraining is really not the way to go. Quality over quantity a quality set up.

Trade the best, Leave the rest and I didn't follow that in that wisdom in January I was aggressive I was impulsive I was I was a little sloppy and I want to do better so you know I shared these episodes with you. these sessions where I break down the losses because I want you to see the behind the curtains I want you to understand and recognize that trading is hard I know that on a day like today and days you've sung several of my recaps from earlier in the week. I can make it look easy and in a lot of ways it is easy pressing the buttons and jumping and jumping out because I've been doing this for so long. But the process of getting from you know, very beginner up to the level where it becomes second.

Adrienne's you've got that muscle memory. You've got that intuition. It's a battle. and even once you're up here, there's still the emotional struggle.

And that's what I really struggled with a lot in 2019 and certainly continued in 2020. And I'm trying to find ways where I can be more centered in the way that I approach the market each day and try to pull back on that aggressiveness because I'm just I can get so aggressive jumping into something, jumping into something and that quality threshold can go lower and lower and lower. I really got to work on that. So I hope that within my losses are lessons that you guys can learn from and I hope you guys give me the thumbs up for the transparency, showing you the wins and the losses and as always questions comments, leave them below and hope you guys really enjoy this breakdown of January the roller coaster and hopefully I'm off that roller coaster and I'm going to be a little bit of smooth sailing here into the next at least few weeks, maybe a few months, maybe the rest of the year.

Alright, so we're gonna get into it here: breaking down: January Twenty twenty first month of a new decade and unfortunately for me, it was a continuation of overly aggressive trading burning a lot of money in commissions of course I still use a broker that charges Commission on my trades. I'll talk about why I do that in a second. but the the end result was that January did not live up to my expectations and I'm disappointed with it now. fortunately.

I Suppose the silver lining is that I did make some money in my TD Ameritrade small account challenge which is great I've only had one red day in the small account challenge and so far in February 3 days in I'm already up $38,000 on the month. Twenty five thousand right here. So alright, that's good. that's that's trip.

I mean that's awesome, that's really great. but January was a struggle. so I want to show you before we get into January I want to show you my detailed P&L here of the last 12 months including last January So this was last January from January 4th up to the 30th. so I ended up making about fifty six thousand dollars or so last January Nice! The January before that in 2018 let's see January of 2018 was a hundred and seventeen thousand dollars in one month.

so January's typically are pretty good for me. and last month in December I did my small count challenge I turned 500 bucks into fifty three thousand dollars in seventeen days. So I was coming off December feeling like alright January here we come. this is gonna be a new record breaker month and I ended up pretty much starting the month swinging for the fences.

Now of course I came off of some really great trades in December some runs and that was that was why I was aggressive as I was, but pretty much immediately I dug myself a hole. Alright, so I went red right away I then spent the next week digging myself out of the red, getting myself to almost break even before losing 20 grand in two days. But hey then I made it back I had a $20,000 Green Day popped right back up and then gave back profit in two days. Lost ten thousand dollars.

get back half the gains over the next three days I made back twelve thousand and basically finish the month break-even well. I Ended up making eleven hundred or fifteen hundred or so in my TV's small account challenge which is not part of these metrics. but between my main trading account, both my main account and my retirement account, the net profit for January Zoom back out here. let's look at January 2020 I started going down $10,000 immediately made back 3600 and then drop down another 10,000 drop down another 8,000 Dug myself out a little bit.

Nice big $9,000 Green Day A couple red days, no big deal, couple more solid Green Day So right here. I was back to almost break even on the month with two weeks left and then a $14,000 red day, a $5,000 red day, a bailout up 20 grand in one day, another small green day. Now here down two thousand, ten thousand dollars in two days and then back up here. So you know all of this aggressive trading.

You know what it yielded me net profit. The only profit I really had from last month was in T V-- Ameritrade right here. this was my main two accounts down 133 bucks and this is gonna hurt Eight thousand dollars in fees and four thousand dollars in commissions. So I spent $12,000 $12,000 on fees and commissions.

Let's do the math on that twelve times. twelve, it's one hundred $34,000 in fees and commissions if I keep trading the way I trade it in January doesn't feel like that's gonna work so super well right now, even if I end up averaging even if I end up averaging $50,000 a month. Let's just say I make $50,000 a month on average. Let's just let's not and you set that bar that high.

Let's say I make half a million dollars at the end of this year. but I spend a hundred and forty-four thousand dollars in commissions to make it. Yikes. Doesn't feel good.

So where did things really go wrong? I would say for me over trading: I was aggressively over trading my average daily volume one hundred and seventy-five thousand shares I was getting in, getting out, getting in, getting out. I was being kind of impulsive I would see a stock starting to pop up I would jump in with 10,000 shares. the second didn't look good I would get out. it looked good again.

I would get back in then I'll get out, then I'll get back in So I was jumping all over the place. The result: accuracy went down only 57 percent. That's much lower than average if I go back here to 2017 for the last two plus years, average is 66% So my accuracy went way down. and you know we look at this.

the commissions here on a month I mean let's just say let's just pick a random month of 4/1 2017 for 30 2017. Let's just see what the Commission's were on a month back here. Alright though, this was a red month so that's not the easiest one. but on this month my commissions were $3,600 Let's pick.

Let's see. let's do 2018 2018 54,000 My Commission's not bad at all. Average daily volume half so I can make more money trading with less share size and trading less actively. I only took 87 trades in that month to make 54,000 Let's look at the following month of May May to the 31st 73,000 161 Trey's 61 percent accuracy Commission's 7 grand.

Alright, and then here we have 1 1, 20, 20 I set a record I mean I really set a record that only the broker can appreciate which was a record breaker in terms of commissions in the month. In fact I had one day where I it was this day here my Commission's were 1784 dollars. isn't that crazy? Of course I traded half a million shares I was getting in, getting out, getting in, getting out, getting in, getting out. I was being super super aggressive and you know I made seventy three hundred dollars before Commission's It's not bad, but after commissions I really got eaten up.

Now of course I could trade with a broker like TD Ameritrade but even though it's free, the executions are not as fast and for that reason I haven't been trading in it in the first five minutes. So these trades like the 38,000 dollars I've just made in the last three days I wouldn't have been able to make that money in TD Ameritrade I know that I wouldn't So I feel like the Commission is worth it I Think the problem last month was not commissioned based because my Commission's haven't changed. So if I did, no problem Commission's a year ago, there's no reason I should have problem with them. Today The problem for me in January was I was over trading 260 trades, I was being too aggressive and I was training in multiple accounts at the same time.

So I would have a day where I would trade in my IRA and then I would switch and trade in my main account and then I would switch to no trade in TD Ameritrade account. So I was trading here, trading their trading another account and the problem that I started to realize was I had a day for instance where I made you know five thousand dollars in my main account and then I was like okay, that was a good good profit. Now I'm gonna switch to the other account and try to make some money over there. So I switched to the other account and I end up losing.

you know, three thousand dollars on the first trade and even though at that point I should have stopped because I've given back half my profit on the day I was looking at that account totally separately, I was like, well, I'm down three thousand, my max loss is five thousand I'll keep trading. next thing I know I'm down seven thousand in that account, I'm about five thousand and the other I'm negative on the day and now I'm starting to feel more emotional and more impulsive and frustrated. And so I guess even though I did well in 2017 and 2018 and through most of 2019 trading in multiple accounts this last month, I didn't do well on it. And so what I ended up doing was making a conscientious decision around the last week of the month to just trade in my retirement account, not to trade in the main account, and to not trade in this account and in TD at the same time I might trade in TD Ameritrade but not at the same time and that helped simplify things, which is good and the last three days have been terrific, so that's certainly good proof of concept there.

and in the last three days, although I've been fairly active, I've been a little bit less active I think Another thing that's important to note is my performance by time of day. All right. so this is the whole month of January. Let's break this down by 30 minute increments.

Do 15 minute increments? No, we do 30. So the bulk of my profit between 9:30 and 10:00 a.m. from 10:00 to 10:30 10:30 to 11:00 and then 11 to 11:30 I made a little bit and every time I trade it in the afternoon I lost money and that's $10,000 right there in losses trading in the afternoon. That was totally avoidable.

Generally I have a rule that I don't trade in the afternoon. but here's the thing. I traded in the afternoon this month because I felt that I needed to make up for the fact that I had had some read days at the beginning of the month. So you know there were some days where I did my morning trading was done trading and then I came back in the afternoon I saw something moving and I was like well, you know I may be should go ahead and trade it because you know I don't have a cushion on the month.

I should probably just try to make as much as I can out of these opportunities. Well, the net result was that I lost money. So a couple of things that I'm implementing for this month. The first is that I'm not trading past lunchtime.

As you know, as much as I sometimes will feel tempted to jump into a stock and you know the the morning whatever the the late morning or early afternoon I'm not gonna give in to it because that was really costing me a lot of money last month. And it was. It was getting me emotional and frustrated and impulsive and the result was was not good. So number one, no afternoon trading.

Number Two Less is more 260 trades this much commission. that's that's silly. It was a waste of energy, a waste of money. and I don't like wasting money that doesn't feel good.

So I'm gonna focus on trading a little bit less and I'm gonna focus on higher quality setups. And that means if I only trade twice a day or three times a day, my volume will certainly be lower. my Commission's will be lower and will most likely be trading on trading better quality setups. So if that means I trade a little less I think the end result will be that I'll make more money.

And of course I'm gonna continue this approach of focusing on just one account at a time and sort of just put aside that over confidence that I can trade in three accounts at the same time and you know it's just I've done it before and when the markets really hot I might do it again, but right now and you know the markets been pretty hot this these last three days. but but right now I just need to focus on one account and I need to kind of get myself get my Center back I Feel like that's kind of been the problem is that I've been really sort of off center. I've been continuing to trade these sort of you know numbers. In my mind that I have that January is gonna be a record-breaking month and you know this is gonna be the month that I hit a new all-time high for biggest profit in one month or you know we're seeing all this momentum.

So I'm just gonna jump on and I'm so optimistic of what could happen in the market. and then I ignore the the downside, risk and some of the losses last month. you know $12,000 I mean this is this is not good. So I'm a little disappointed.

as you might imagine with how the month finished because despite having a couple of awesome trades, you know TWM see this was the one I made twenty thousand dollars on TW MC An amazing trade! This was a one of the best gap and Go stocks we've had in a long time. Will back up the chart on it for a second. I mean it was picture-perfect It was really so clean and you know Here I am instead of having this be a winner that makes my mount. this ended up being a trade that bailed me out of a bunch of low quality trades that I could have done without.

So this is the value of going back and reviewing your metrics. and I encourage our students to do this each month. I Do it for students that are in the classes each month with my own metrics because I Generally from these losses, gain lessons and gain insights. And the big lesson here was that I was treading water last month I turned I burned twelve thousand dollars in commissions I traded one hundred and seventy five thousand shares a day on average.

So that's basically ten trades with 8,000 shares, right? Because you buy eight thousand, then you sell them So 160,000 So ten trades with 8,000 shares a day. I mean that's just there's not ten equality setups every single day. I was being aggressive, I was I was searching and I was. you know I was kind of I was scrambling a little bit and I was getting a little desperate and really trying to get myself in the driver's seat.

So one of the things that's kind of interesting is the fact that I tend to do this at the beginning of a new month and at the beginning of the new year. So why is that? Well, the way I have kind of looked at it is that and this kind of reflects back on something I used to do in school I used to rush through my homework I used to rush through my homework to get it done because I guess I didn't really care necessarily if it was done perfectly I just wanted to get it done because that feeling of accomplishing it I guess was stronger than the feeling of doing it perfectly. And so for me I just like to get my homework done and then I would go do all the other things that I want to do. and so we're trading: I have a monthly goal each month and I want to hit that monthly goal as soon as possible so the rest of the month pressures off I'm coasting.

Hey, if I end up having a couple more awesome trades, Fantastic! if I don't no big deal. Likewise I want to hit my annual goal as early as I can the sooner I hit my annual goal which would be to beat last year's profit. You know the sooner I can kind of sit back and relax. So I think that that has been a big you know emotional hurdle for me is that that kind of mental baggage of needing to hit this number as quickly as possible.

So one of the things that I also did towards the middle of last month I guess it was probably right around it was. it was right around right around here it was after this Green Day My instinct what I wanted to do was log into my Lightspeed account and see what my P&L was on the month after that win. So why did I want to do that? Because I wanted to know that number of how far away I was from breakeven and then how far away I was from my monthly goal and I said to myself Ross knowing isn't going to help you knowing that number is not going to help you be a better trader. What it's gonna do is it's gonna put a number your head that you need to be working towards and that doesn't help you trade.

you need to trade the market you're in today I traded the market I was in and I came in today saying you know what, you had a great day yesterday but today could just as easily be a very slow day. If I only make $1,000 that's fine I ended up having a couple of awesome trades I'm up 25 grand that's trading the work you're in so I'm very happy with that. but you know and then after these two red days I again want to log in and see? Well, okay, where am I at on the month? how much do I need to make just to break even and again I said Ross don't do it cuz then you're just gonna be trading on this day thinking I need to make seven thousand or I need to make seventy five hundred rather than just focusing on trading the best quality setups and letting the profits be what they are. So I'm kind of, you know I'm struggling a little bit with the acceptance there of accepting the not knowing cuz I feel like I need to know where I'm at each each month you know I need to know where I'm at each week in each day and it's impossible not to know.

You know you can't have this here and not know how much you've made each day. but and you know each week you can usually have kind of a rough idea of how much you've made and each month you can usually sort of have a rough idea, you know. But as you get further into the month, it can get a little fuzzier at this point I know where I'm at on the year, but of course it's February am I actually capable of totally detaching from that number because really, what does that number mean how much you've made on a month I mean as long as you're covering your cost of living right, you know? So as long as you're making five thousand a month, let's say a thousand dollars a week then anything above that you know this is just fantastic and you may have some months where you go away above it great, but that's a high-water mark doesn't mean you should expect that every month. So then when you go into the next month thinking okay, I made a hundred thousand this month now I'm gonna try to do it again.

That's when you start getting off-center So that's kind of what I mean about being sent, Being centered is about being right with the current market and all of that emotional stuff of this is how much I need to make. Oh well may if I do this and I trade, this may shares and I can do this then I can get to there. All of that is distracting you and it pulls you off your Center pulls you away from focus and that's when you start making mistakes. One of the other things that happened to me on this day right here know it was it was, was it this day or this day? I don't remember which day but in any case, on one of those days and I said a max loss on my account of - $1000 So if I'm down more than 1,000 bucks, my account is locked and I can't keep trading well on the first trade I jumped into a stock with 6,000 shares which is my normal share size usually and I was instantly down 1200 bucks and the right thing to do was cut the loss.

but I said I'll shoot if I cut the loss. my account is locked for the rest of the day and it's literally 931. Hmm, all right I'm just gonna hold this for a second. let's just see what happens and then I was down three grand.

My instinct was to cut it and then I double-checked I Kind of like you know, ended up not stopping because of this max loss thing. It's almost like having a set of training wheels on your bike so you don't fall down and then you hit the curb with the training wheels and you fall off your bike. The thing that I put to prevent me from falling from from taking a big loss caused me to take a big loss cuz it got me in my head. It got me off-center and so I increased my max loss to 5,000 So I'll have the the loss there, but not so tight that I have the potential that it'll take me out in my first trade because the reality is with 6,000 shares or even 10,000 shares, it's very possible that I could lose 1500 dollars on my first trade and still end up having a fantastic day so that max loss was too tight.

so that was a good lesson from the month. rules are helpful, but they can also be constricting and so they can be, in that case, counterproductive. So since I kind of pressed the reset button which really was right here I had a couple of green days, a couple of red days, and then you know, three really nice green days and now I've got three more. So now I'm on six consecutive green days and in these six days I've made.

Let's see. I made thirty-eight thousand so far this month. Plus this was about twelve thousand. Fourteen thousand actually.

So that puts me up forty-eight That puts me up fifty. Now again, this is this is me doing them doing the numbers, putting it all together I hadn't done it until right now. but that puts me up Thirty Eight Forty Eight Fifty Two thousand dollars in six days of training, averaging about ten thousand a day. But does that doesn't mean that tomorrow my goal is to make ten thousand tomorrow.

If I can make a thousand, I'll be happy. My daily goal is two thousand dollars. That's been my daily goal for a long time. And if we go back here to January of 2017, I've been averaging, well, my average is gonna be brought down thanks to this month, but I've been averaging 1600 a day.

So you know two thousand dollars maybe is a little aspirational. Maybe I should set it just a thousand. And hey, anything more than a thousand is a great day. I can make a thousand bucks.

That's fantastic. They make two grand. That's terrific. Make five grand sweet.

The problem for me this year is going to be if I'm in the habit of doing this review at the end of each month. I'm gonna be constantly benchmarking myself against last month, against last year, against my best month of all time. and I'm trying to release myself from some of those burdens. So I might end up doing things a little differently this this year and how I do my monthly recaps and things like that? just to kind of put some space between me and that competition that I have inside me and really try to focus in on trading the market.

I'm in and not trying to set a new record for you know, best month of all time or biggest green day of all time. It's gonna be hard and you know trading is is hard. this is. This is some of the hard stuff about trading are the emotional challenges.

The the act of taking these trades today was as simple as pressing some buttons on my keyboard. That's not hard. Of course you have to learn how to use a keyboard and you know things like that, but it's really the emotional stuff that trips me up even after doing this for as long as I've been doing it. So that's my month in Review January 2020 a continuation of the roller coaster that started kind of at the beginning of last year for me.

well it really started I guess in probably more like February and March but yeah it was really see. This really started a star to struggle here right as I got close to that 1 million dollar milestone I wanted to cross that million dollar mark I then did a Hail Mary pass. a big mess, ended up losing over the course of a couple weeks a bunch of money took a month to make it back got back up but then felt like I needed to play catch up to catch up to where I was at that point. last year starts swinging for the fences.

Again took some losses, got back up, market got slow, finally started open up, started put the pedal to the metal and then boom market cooled off. Again another loss, slow rebound, finally back up and then this has been January So all in all, it's been a choppy 12 months for me. But all things considered, in 12 months, I've made three hundred and sixty-seven thousand dollars of net profit. My brokers made about ninety thousand dollars, so my gross profit is 450 and I've given back 20 percent of that profit in commissions.

That's a little bit of a tough pill to swallow right now, but I think that I could have given back a lot less if I wasn't trading quite so hyper actively at points. I mean some of the days I've just been in, out and out, in and out and it's like every time you do that, you're paying the Commission you're paying the Ecn fee. and certainly with TD Ameritrade and some of the other free Commission brokers, you don't have to worry about that, it's free. Commission But when you press this button, it's a guess as to what price you'll get filled out and that's been the challenge.

So does it work with small share size? Yeah, I mean I guess so. I mean I've been growing the account slow and steady, but I couldn't trust it with I don't I really don't think I could trust it with big share size And to make twenty five thousand dollars in one day, you guys step up to the plate with bigger share size. So I need the right tool to accommodate my trading and unfortunately in the last year I let my emotions get the better of me on a number of different occasions and I've already done it here in January So my new year's resolution is out the window, but it's a new month and right now I can make the decision starting today to do what I need to do to stay centered each each morning. If that means not looking at my P&L that means not keeping my calendar next to me where I'm writing my daily profits every single day and kind of constantly keeping that that measuring stick next to me, then you know maybe that'll be for the best.

If it means trading a little bit less and being a little pickier, maybe that's for the best. It's kind of incredible that I you know, somehow managed to find something worth trading every single day. Not only something worth trading, but something worth taking ten trades on I traded every single day the market was closed on New Year's Day and it was closed on President's Day know what day was this? Martin Luther King Day But I traded every single day every single day I found something worth trading soon I Can tell you that tells you right there that my quality threshold is a little low I Think it's typical day traders. A lot of times we are recive we want to get that profit we want to get in, get out.

but I got to rein it back a little bit I'll tell you that I have always been on the spectrum of traders on the overactive side and that's one of the reasons I stopped myself at noontime for for a long time I said nope I'm done lunchtime I'm done but this month I thought hey I'm I've been doing this long enough I can do the afternoon stuff I see other people doing it, you know I watched the chatroom I see people are making money I'm gonna jump in next thing I know I'm getting impulsive I take a loss I'm trying to dig myself out of that loss gets bigger and bigger and now I've given back my morning profit. It's not worth it. So I got to focus on trading during the time of day that I do best. You know there are some people on that spectrum who are really afraid of taking trades.

they were afraid of pressing that button. they're afraid of the loss, the risk. and I've been there a few times after like a really bad loss where I've been like so anxious to trade but really 95% of my trading is I'm on this side trying to rein myself back I want to be more aggressive I want to get back and get back in and have to slow down. but slow down.

You're over trading. so you know a couple things that can be helpful. Removing the hot key to buy shift one buys a thousand shares if I pull that off my keyboard. That slows me down because it forces me to come in here to the order entry window and manually type in 1500 shares.

and you know, put the price in there. Things that slow me down often can be helpful. Having the max loss in place is a good thing because my instinct after a big loss is to get back up and try to get right back the money that I've lost. It's only human to feel that way.

but I need to have that big max loss of minus 5,000 So if I have a day where I'm down five grand, the hope of me getting back to break-even is gone, give it up. walk away. you're off center. You're not getting back to centre until you get a good night's sleep.

So come back tomorrow. So you know that's having a couple of those things in place is good. They're kind of like, you know, catastrophic insurance policy. It's worst case scenario stuff.

and it's and it is important to control your risk in those ways. But yeah it's this is the you know, the the real struggle that I continue to have trading and so all all those great trades from January they were just bailing me out from the trades and the days where I got overly aggressive and impulsive and let those emotions get the best of me. So starting, you know, well started a few days ago. But for you, if you might may be feeling this way, starting starting tomorrow.

New set of rules, you know. I Wrote this on my keyboard on a sticky note. Don't be careless I Thought that that was a really interesting word. It's it sticks with me.

Careless. Being careless is terrible. To me. That seems terrible to be careless.

Am I aggressive? Don't be aggressive. Now that doesn't sound as bad. Don't be aggressive aggressive. A lot of people think being aggressive is a good thing.

Maybe it is a good thing. You know, Don't be impulsive. That one is a little bit more. that sticks with me a little bit more.

Don't be. Don't take risky trades. A lot of trades are risky and they end up being big winners. But don't be careless.

That one speaks to me the most. For some reason. Careless is. it's like it's sloppy.

It's There's nothing admirable about being careless. So I put this note. don't be careless and I read it before I start trading each day actually I put it over where my my position window is. So I have to I have to remove it in order to start trading and it's a reminder.

It's a negative thing to say. I Suppose you know you could have something more optimistic like have a great day Bud, you know you're gonna. you're gonna crush him today. but I don't need that when I'm starting trading I already feel like I'm gonna crush it I need the the check to bring it back of don't be careless, slow, calm, cool, collected breathe and it's been helping so you know it's not a matter of you know if I have another big red day this year I will have another big red day this year that's part of trading.

There will be a day in February Most likely that's red and there's a good chance I have a day that I'm down more than a thousand bucks in February that's part of trading I can live with that. But what I'd really love to cut out are the days where I let it snowball, the days where I get incredibly aggressive over trading trying to make back the money and I just dig myself further and further into the hole. So I'm thankful for the last three days of really hot momentum. Well, I guess the last six days I'm very thankful for this day here where I made 20 grand and jumped myself right back to flat.

But then on these two days I let myself get a little careless. So after that I was a little disappointed and I finished the month. Respected, respect, respectfully and well. I don't know how respectable this is, but I finished the month I Got through another month and this was a little bit of a treading water month.

Thankfully I have some gains in the TD Ameritrade account, but it is. You know, I and I I could import these trades, but there there's just such a small amount of money, it's just a little. It's just a fun challenge. I'm doing it's it's just not at this point.

serious enough that I really care about the metrics. So these the accounts I trade and take seriously. So this is gonna be a Red month for 2020. Not a great start.

My average for the last three years 17, 18, and 19 has been to red months each year. so I've already used up my first one in January I've got a good stretch ahead of me. 11 months. gotta stay centered, gotta stay focused.

I'm gonna really try to remember that every single day when I sit down to train to be great over this opportunity to trade the markets each day. It's a it's an incredible career and I I'm so grateful for days like this. and I want to respect the risk of the market a little bit more because sometimes I just take too much risk and I'm overconfident and I'm too aggressive and Boom Market gives you that quick reminder so let's see if I can tighten it up for February Off to a good start, but it's only three days in I've got to keep it going so that's it for me. I Really hope this has been helpful again.

Usually these are reserved for warrior pro students, but I Thought that with some of the losses in January that there would be some good lessons to share with you guys. So I hope you enjoy it. Give me the thumbs up if you do and as always questions comments, leave them down below and I will see you guys in the next video which will most likely be my next midday. Marco Recount: All right, See you guys soon! Hey did you know that? I Go live every single morning between 9:00 and 9:15 to stream my pre market watch list.

Subscribe the channel, press the bell for the alert and you'll get the notification.