All right everyone, good morning. Well it's uh, well. after 9 00 a.m and I'm starting the day in the red. down 7 000.

Uh, read on my first two trades. so it was down 18 000 yesterday, another uh, 25 or 5, uh, 7 000 here today, so kind of moving in the wrong direction. But uh, that's all right. some days are gonna be better than others, so at the moment, you've got Uso pulling back the two stocks I traded today.

Um, asts. Uh, jumped into that on the news at 8 30. the lost 2500 and then C Tech jumped into that and lost five grand. Really weird price action.

There was a 50 000 share bid that walked it up and then it switched from being on the bid to being on the ask as a seller walking it back down. Really weird. A big bearish engulfing candle. Strange price action.

so usually I interpret that kind of bit as a sign of strength, but whatever. So um, so Uso Oil. uh, this one, you know is pulling back a little bit right now. Uh, S P 500 is actually coming up a little bit.

which is good generally speaking. Some of the oil stocks energy stocks that we've been watching um, Indo Big pullback yesterday, Imp Big pullback yesterday. You know, these all pulled back yesterday. So the three days or whatever of really hot energy markets Friday, Monday, and Tuesday.

I ended up making nothing, I made money and gave it back. so that was kind of disappointing. and I think you know the problem for me is it's I often don't trade super well. When there's like 15 20 stocks that are all moving at the same time, you have the volume dispersed across them.

Uh, I always trade better when there's one stock that's really, really obvious and so you know I made some money. I lost some money. Whatever. I ended the three days basically Flat was green on Friday, green on Monday, and then red on Tuesday.

So uh, so you know. Now Today I have dug myself a little bit of a whole 7 000. That's not too bad. Yesterday I went down 18, I recovered to minus only 1400 and then I dipped back down to minus 18.

And so that was a little disappointing. But uh, you know, hey, it's a reminder as always that trading is risky. Most beginner traders lose money, and even seasoned traders like me find themselves from time to time catching big losses. I mean, this is part of trading.

It is the hardest part because you have to get you know you just. you keep getting practice of losing and and losing repeatedly can be a bit demoralizing. It can be frustrating, You can get agitated and you know this isn't You know we're not working in a candy shop where you know you make candy and give it out to all the kids and everyone's happy. Um, you know.

I mean you're in a career where things go bad. You could devastate your account, You take a loss, you can feel like a loser, You can feel really angry, you can feel stupid. All of that can trigger emotional responses that make you even more frustrated and then starts to become this sort of self-fulfilling prophecy of i'm more angry and I get more aggressive in trading. and then I lose more and so you have to be really careful.

It can snowball. I've had that happen and I struggle with it. You know, Even still, today trading is very difficult and it's very emotionally taxing. But I keep doing it because the money is good.

Uh, if I, if I didn't make money, I wouldn't do it. I do it because I make money trading. So you put up with it and you get through it and you try to make enough money so you can spend time doing things that make you happy and that you enjoy so you can have a good you know, provide for your family and whatever else it is. So you know I I I could see myself trading for a long time.

Uh, but you know, on the other hand, if I made enough money, I could also see myself saying, you know what, I've made enough money. You know, My initial goal when I started trading was 200 a day. That's 50 000 a year. So you know? let's just do the math here.

if you put two million dollars into a um, if you make two million dollars trading and then you put it into the market and you pull out four percent a year, That's pulling out 80 000 a year. Now Now you're making more than two hundred dollars a day just on the money that you've made from those years of trading where you were able to accumulate. You know, Two million dollars. You make a million dollars.

Forty thousand dollars a year. So that's kind of the idea. Make money and squirreled away. Now on the other side, you can make money and go pay Five thousand dollars on a Rolls Royce.

Um, lease. Five thousand, A hundred thousand dollars down, and five 000 a month for three years. And you know three years in you're going to spend what is that? 60, 180, 280, 000. So you'd be 28 of the way to your million-dollar goal.

but instead, you, uh, put it on a car. But you definitely prove to anyone watching you drive around that you're not a loser because losers don't drive Rolls-royce's So it is a trade-off for sure. But I think it's probably a better idea to put away the money for a rainy day because things will, um, you know, things will slow down and you will have hot stretches and you'll have cold stretches. And during cold stretches it's nice to know that you put a little away so that you're you're good We we definitely had.

you know a hot stretch here. In uh, in energy. It's just unfortunate and frustrating that I didn't capitalize on it better. I think some of the swing traders probably did better on it than I did.

You know, Jumping in, jumping out for day trades? not easy Uscg yesterday. I mean, we started trading at like eight. Nine bucks went all the way up to fourteen. I only made like two thousand dollars on it.

Sometimes it makes you kind of question you know yourself when a stock goes up that much and you manage to make almost nothing. or god forbid lose on it. But on the other hand, you know a stock like uh, C Tech. I'm sure some of you are green on Ctec because you took profit quickly.

Well, that paid you. Some of you are green on Asts because you took profit quickly. Taking profit quickly is what you learn as a day trader because if you don't take profit quickly, you start. you start finding that it can disappear.

so you try to get green and hold on to it. So at this point, uh, we've got 20 minutes to the bell. My watch list is pretty thin on my Gap scanner. I have.

let's see where's my Gap scanner gone? Um, leading Gapper S B Fm up 175. it's pulling back. The big move was at 5 00 am. from 5 A.m to 6 A.m 5, 5, 5 30..

that was the move from two dollars to nine bucks. Missed it. This is the back side of the move. There's nothing to trade here.

I have to get above six. I don't see that happening. so that's dead Drct went at the same time 5 A.m Luck of the Draw: 160 to 320. Little cheaper.

right now. it's dead. Needs to get back above 280. I don't see it happening.

Next one down. a Reb A Reb 4 million share float up 34 percent. Too cheap for me. Somewhat recent reverse split.

not interested. Uh Bmbl: 78 million share flow no Tcbp 28 million share float too cheap below V Web Cano: 49 million share float popping up a little bit there. don't trust it Mynz this one. Uh, nine million share float daily Charts: not very nice.

S P 500 popping up there. Let's check Oil Asts Uh, news on Asts? um that I looked at earlier seems decent. So yeah, keep it on watch. But the problem here is that you've got your 200 moving average at 928 on the daily, so it rejected it, tapped that level and pulled back so it needs to get over that level.

We'll see, maybe maybe it can. Um, the cano, The floats 49 million shares, and the daily charts not particularly interesting to me. So your high there is 65 on um on this. so watch this so that's a 65 and then watch up to 78 and 80.

So these are quick little breakout trades up to 9 9 being psychological resistance so small position at 75 and then watch for 85.95 high. This candle is 88. we'll let it pull, then look for the break over 88 same as we had this pull back here. You order at nine.

got to break over the 200 moving average. I'm not sure if it can do it. Cano not interested S p 500 We'll keep it on watch. Nice George Good work.

Hi This candle is 24 26 59. So Asts nice entry at 8 18. good for you. Watch first one minute candle to make a new high.

Let's see if we get the break over 90. it's curling back up so moving in the right direction. Would love to see some breaking news. Nice Giovanni Good work.

Good job getting green as the light volume pullback on Asts and highest volume of the day on a green candle. 15 minutes to the bell. Cyrn see that. Keep it on watch.

Cyrn has a bid at 76. so I bought Cyrn at 99. let's see if it wants to break through 10 and then 10 24. you've got 10 on the ask and then 1024 is next on the level 2.

Nice look Now see look at that. That bid got pulled so you had a nice bid there and then all of a sudden it's gone. So cutting the loss on Cyrn kind of a large loss considering. Uh, look at that candle all the way down to 880 spreads opened up a little bit.

I h yep this is another one from the other day. Cyrn, I'll keep it on watch. needs to break over 10. pretty gross rejection on that one.

See first one minute candle starting to make a new high on Asts. Let's see if that wants to get back up towards Nine. Added a 78 there for the break of 90.. So you've got a high this candle of 83? there's 81.

break even trade for right now see how it holds? So the 4 000 loss on Cyrn that wasn't so fun definitely feels like there's a little bit of a wall up today not seeing anything opening up in a big way. Asts running into a little bit of resistance around Nine doesn't seem like it wants to open up. Yeah, we're watching Uscg yesterday. that one pulled back quite a bit.

Eosc, I saw this one hi there was 419. ready so we've got only 10 minutes to the bell. I'm down 11 000. So starting the morning in the hole goal will be to see if I get back to flat or up five thousand so I'll reduce the daily goal to five thousand dollars.

That would be a good morning at this point. Good a good turnaround so we'll see if we get any more opportunities if something starts to open up, but if not, there's always tomorrow. The market will always be here so no reason to get bent out of shape on one particular day. If it's cold and slow and choppy and slow and choppy, being red on three out of three stocks isn't uh, a great indicator.

S P Back down a little bit so definitely still on a grind. You know, two steps forward, two steps back, a couple good green days, a couple red days, having a bit of trouble getting into a really nice groove? We'll see if it happens, but I've been having a little hard time getting into the groove so I take it slow. Yep, just gotta keep grinding and the market can turn on a dime. We've seen how quickly can go from cold to hot and then from hot back to cold.

Sky H had a yeah, you know. I had a nice move yesterday from 26 up to 32 but then it retraced it back down to 26 and it was on Light volume in total so you know it's high is 32.81 There isn't any news on it so it makes it a little hard to trust. It was the day before Yesterday yesterday was kind of consolidating in range. So you know the problem with something like this is that it'd be pretty hard to take big size on it.

and you know, how would you justify taking big size? There's no news, so you know if it starts to open up, how do you know it's going to keep going? So right there, it kind of broke out. pulled back. probably just one to keep on the side. Drct I show the float at 2.3 million shares.

All right. So we've got five minutes to the bell. 20 moving average is the low is 61 here on this one. Sfix.

Let me look, I don't know. It's quite the sell-off there. I don't think so. Mxc, Mexico Energy pull back, Marps pulled back.

you know these all pulled back. Yeah, Eosc going a bit higher. I haven't traded that one today. We'll see.

All right. So with three minutes to the bell, looks like a slow day, maybe a couple base hits here and there. Not a day to swing for home runs. I'm in the red so and there's no obvious gap or so.

all the writing's on the wall to take it easy today to be hopeful that something opens up. That might happen, but might continue to be choppy. So take it slow. Remember, trading is risky.

Most beginning traders lose money. I'm on the losing side yesterday and today down 18 000 Yesterday down another 11 000 today. So that's 30 grand red in two days. It sucks, but that's part of trading.

Still sitting at over 10 million dollars in gross profit, so can't really complain that much. Just a couple red days and things will bounce back. They always do A little bummed out that I didn't trade better, uh, the last few days, but you can't always. You know you can't always get every single one of them.

So the market will keep you humble and remind you that, uh, maybe you you know need to keep keep trying to practice and get better. Keep developing your strategy. 90 seconds to the bell so we'll end the Youtube broadcast and we'll be back uh again tomorrow. Hopefully we see something more interesting.

You.