Okay everyone, so we're gonna do our midday market recap here. Go over the trades from this morning and definitely one of the topics today that we're talking about is sure Trade or being suspended for five days which is I know something that a lot of you guys or well, it's a number of you were emailing me about just because It certainly is a scary thing. I'm gonna put up my disclaimer here for those on Facebook and YouTube and then what I'm also gonna do here is just put up the this is just the homepage of Church Raider So if I refresh this page you'll see the banner at the top that says notified the Securities Commission Bahamas Notified the firm that pursuant to sections 133 1, B and F and 133 of the securities industry Act of 2011 that the registration under the Act is suspended for five days ending Tuesday September 24th. So I got some emails from traders and students and I saw comments on Facebook and YouTube from people who tried to log in this morning to their short trader account and they got this error notification that they wouldn't be able to log in until Tuesday.

Now sure, Trader has not been on our list of recommended brokers now for about well, just about two years, you know. I I have traded there in the past and it's where I started my small account challenge when I start an account with $583 and then grew it up to about 100 grand and 45 days. I was trading there for the first like three weeks or so of that challenge. so I'm familiar with the platform I'm familiar with the broker I Personally never had issues there, you know I mean I I just did my trading I did deal with the margin restriction, but you know that's just something you deal with when you've got a small account and I worked through it and you know, grew the account in spite of that.

So it wasn't really a big deal, but sometimes around. two years ago that they changed their Commission structure and it was quite a bit more expensive. And then there were a couple of other brokers out there that were less expensive and so those became the ones that most of our students started using. So you know one of the things I've always said with an offshore broker.

So the Bahamas I mean that's offshore, but you know it's only like 120 miles or whatever from Florida. It's not that it's not the middle of its, you know there's probably worst places in my mind that I could be opening a brokerage account in the Bahamas so I never really worried about it that much. and there's other brokerages in the Caribbean and in the Bahamas that cater to us traders. and generally, What I've always said is that my practice was to keep an amount in the account that I needed in order to conduct my trading and then to draw profits out at the end of each week or maybe every other week.

So I was pretty consistently taking money out rather than leaving a growing, growing, growing balance. Because you know right now, for those of you guys that have accounts at Short Trader, my guess is that for the next five days you can't really do anything. You can't trade in it. If you wanted withdraw capital, you probably can't.

If you have a position that you're currently holding I don't know what you're gonna be able to do with it I Mean you know, certainly be probably wanting to reach out to them and find out you know what's going on. But so it highlights two things. To me, you know just the importance and this is probably true, even with a US company that's a small company. If you were trading with one of the small brokers in the U.s.

you may want to have the same habit just of you know, pulling money out at a regular basis trading with a big firm like Etrade Ameritrade Interactive Brokers Fidelity those ones you know I Never been concerned about keeping I Wouldn't be concerned about keeping millions of dollars with any of those types of brokers, but you know, with a small broker, you want to just kind of be careful, diversify your risk and not leave all your eggs in one basket. Just in case you know, God forbid something crazy happens and wish your trader I have no idea what's going on. I mean for all I know, it's they forgot to file some piece of paperwork, they're just getting a mandatory five-day suspension and they'll be back up and running on Tuesday You know, and the biggest disruption will be that you guys weren't able to trade for five days and that maybe if you were holding a position you know you didn't get to sell when you would have liked to have. That also highlights the second thing for me which is I'm an manage my risk by not holding stocks overnight.

so an overnight something like this happens. If it happened with any of the brokers that I've used or you know my current account, you know it would just be that I couldn't trade for five days. it wouldn't be that I'd be monitoring an open position so you know drawing cash out on a regular basis. you know good I think best practices type of thing and for me not holding trades overnight also good best practices type of thing.

and I certainly hope for you guys that do have you know money, wish or trader that everything is fine. you're back up and running on Tuesday and you know you just end up having a little bit of a vacation here for five days and then you'll be back at it. But you know we'll we'll just we'll find out I mean I don't know anything more than you do I just I see what's on the website and it's not something that I've ever seen before, but you know it's not a U.s. broker.

so they're in the Bahamas and they've got a different set of rules there the Securities Commission of the Bahamas and so they're just have to work within it and we'll just keep posted on what happens if we see anything any new, any news on Friday tomorrow, or if we see something over the weekend or next week and but hopefully you guys will just be back up and running on Tuesday and you know it'll just kind of be like hmm interesting. that was a weird thing that happened but you know again I can't I don't want speculate because I don't know. um you know I mean I I'll speculate to us to the extent of you know could be nothing could be something but I but I genuinely don't know and hopefully it's it's nothing but. Yeah.

so that was something that I know a lot of traders we're talking about in general on social media. For most of our students, you guys aren't trading there anyway so it doesn't really make a difference for you. But with my treats today, you know this was kind of inevitable by first red day here I've had the last three or four trading days have been really small green days I Kind of knew there was a high likelihood that a red day was coming and today I Started first trade right out of the gates on a I am and I went into the red by $1,000 I jumped into it anticipating a red to green move and I got in too early which was super disappointing and stopped out. So let me pull back here.

If you guys are seeing red flashes on the YouTube video, it's because my CPU is is maxing out when I try to stream and record. sorry about that. So anyways I got in here on this candle that went red, stopped out, took my thousand dollar loss, it squeezes back up and I get back in and then may back. well.

fourteen hundred dollars or thirteen hundred dollars I ended up finishing red I saw green by four hundred and seventy bucks on AIM which was great. Next trade NSP are this one I Jumped in to hit the high Damos scanner. there was a seller at 420 I think it was 420 420 thousand shares? No sorry. it was 444 20,000 shares and we saw it go 21, 17, 16, 15, 14, 13 and then boom boom press the Buy button it pops up to 50.

so I'm in I'm out locked up five hundred forty dollars of profit on a quick break out and just like that I was up almost a thousand bucks. Then we have Wwr hits the hide a momentum scanner. It was the Gap scanner this morning so it was one that I did have my eye on. It's I jump in as soon as it hits the scanner.

Getting in at 75 at 80 at 90, it squeezes up to 416. I'm holding the whole position of about 3,000 shares up 900 bucks. It opens from the halt for 20. Let's see it opens at 424 I press the Buy button I got filled at 427 it hits for 28 and then it drops to 360 to hit the bed while $1,700 I was up 900 I was up over a thousand bucks on that I should have pressed the sell button I could have pressed the sell button I could have taken my profit off the table.

Now remember today I said that I was going to make a donation for thankful Thursday So thankful Thursday I Want to be grateful for the successes I've had and you know, even this week up until today, a totally decent day. So unfortunately I'm red. so what am I gonna do? I'm gonna go ahead and donate 1917 dollars and I'll just match my red with green and I hope that that pays it forward and I have a great finish to the week tomorrow on Friday So you know we'll just do that. So I'll be making a donation to the local humane society and to Berkshire bounty here in Berkshire County, Massachusetts for food pantries and helping bring food from farms to those food pantries.

So it's like really good fresh produce and you know, and it's kind of like if I have a red day and I'm just gonna donate that amount. In a way, it doubles the loss. but you know. so if I have a day where I lose 30 grand then I donate another 30 grand then I'd be out 60 and maybe I mean it's not donating is a good thing.

so I don't want to make it like a punishment that I have to donate. but today I just think I'll because I already said for thankful Thursday I was gonna do something and I'll just I'll just donate two grand I'll just a thousand for each one. So anyways that pays it forward and is what I wanted to do anyways. I kind of was hoping to have a daily goal thousand to two thousand dollar green day so we'll just stick with that and you know, hopefully that you know again puts a little good karma out there and we're able to finish this week strong tomorrow with a couple of green trades.

You know the thing is today so easily could have been a two thousand dollar. Green Day I was up a thousand and then I was up a thousand on Sida Wwr. but I didn't take the profit I instead added to the position. So now I've doubled my position size, brought my cost basis from like 380 up to $4 or 405 and then when it drops down to 360.

now with six thousand shares, I'm losing like 30 cents, you know? So that was really not a good idea and what could have been a nice decent winner? Not a home run, but you know, a thousand dollars? probably at least I Ended up being a $1700 loser and then I turned right around on CL WT it's the High Bay momentum scanner I Jumped in at fifteen five fifteen. it hits a high of 533, but it didn't hold that level. It reversed quickly. It dropped down here to 470 I stopped out only to see it this later in the morning.

ended up coming back to 402 546. But that's just the way it goes sometimes. I'm not gonna I'm not gonna I'm not gonna get bent out of shape. You know what? today I didn't actually hit my max loss.

Yeah, I'm down 1900. Yes. Disappointing because I haven't been making a lot of progress this week. I made 500 on Monday 800 on Tuesday $12 yesterday.

So now I'm actually read on the week by a little less than $1,000 but I was up 18 grand coming into the week. 18 grand on the month coming into this week still with the goal of trying to hit 40 grand on the month and that meant that would have needed to make about 10,000 this week. So now I've got to adjust the goal down to 30 grand I've got to pull back a little bit on my goal for the month since I had a Miss this week. but that's okay.

I'll adjust down to 30 grand for the month and we still have one, two, three, four, five, six, seven days left. So seven days times my daily average of 2,000 a day would be 14 grand. So you know, 17,000 plus 14. You know it's gonna get me up close to that thirty thousand dollar spot.

Of course you know this is all about averages and I average 2,000 a day. If I happen to have the bad fortune of you know having two more red days that are $2,000 red days, you know I'm gonna have to adjust my goal again. but that's again. I'm not gonna get bent out of shape about very, very, very short-term goals I'm just gonna try to stay focused on being a good trader, knowing when to pull back and ease off.

you know, a little bit. and today's a good day where I could have easily taken one more trade and tried to swing for the fences. Getting back in to see LWT and you know what probably would have happened is I private a loss. another thousand bucks or maybe two thousand.

So as of right now if you guys go to the the home page of the website, let's see where's where do I have this thing. If you go to Warrior Trading Calm. At the very bottom of the page you will see a link for my verified profit. So let me just I'm just going to come on to this page here.

So 2019 earnings and broker statements All right. So in 2019 up to let's say you can see right here so 2019 up through August I Wait I was up 350 thousand dollars so you can see 17 and this is all part of my $583 to $1,000,000 challenge. So I'm currently at the end of August was at 1.15 million dollars so across the million dollar level but still growing accounts so 335 in profit and 17 just in that account. For those part of Challenge just under 518 and sitting at 315 at the end of August So that put me, you know, one hundred and eighty-five thousand dollars off of my five hundred thousand dollar goal for the year.

But knowing that October November and December are three of my strongest months, I knew that that shouldn't be a problem. And yes, I do want to congratulate Jes Let's see, let me scroll up I know Jess Just got his 100k Club badge There he is. so congratulations I know you've worked really hard on that and I see you commenting a lot on YouTube and on Facebook And so you know you did it man. Hunter K Club That's something you should be really proud of.

So you've got that badge next to your name. For those of you guys on Facebook and YouTube we verify the hunter K Club with a broker statement so we make sure we verify before we get people that badge and he passed the verification. So Congratulations! Great job there! And anyways I'm gonna let you guys go and I'll be back at it first thing tomorrow morning. Friday and we'll finish up hopefully with one more green day and have a good finish to the week.

Alright I'll see you guys if you're still watching. You must have really enjoyed that video. So why not subscribe and get email alerts anytime? I Upload new content. Remember when you subscribe, you become a member of the Warrior Trading family.

.