Uh, we're gonna do our midday market recap here. Go over the trades from this morning. I am finishing the day up sixty nine thousand, Fifty Six dollars, and Forty cents. Uh, which means this is the first day I haven't broken a hundred thousand dollars in profit since last Wednesday I had.

I was up over 100 on Thursday, Friday, and Monday three days in a row. Which is, uh, phenomenal. So I was trying to go for four days in a row today, but I'm just running out of stuff to trade. You know, there's just not a lot left moving that I feel like I can really make money on.

So today's a day where I actually want to keep trading and I just can't There's nothing else that looks good. So we're going to break down the trades here on, um, these stocks. 69 000. I'll talk a little bit about some of my swing trades which are currently open I'm holding.

let's see right now: Apple, Amazon. I stopped out on Facebook, Netflix and Spy. I'm still holding up 555 dollars in Open P L, but read on a couple of the trades that I've uh, closed out. So um, we'll go over those and uh, break it all down in today's midday market recap.

Those are you guys streaming on Youtube and Facebook? Hopefully you guys hit the thumbs up. Um, let's see, it's over there I think and are subscribed to the channel tomorrow morning. As always around 8 45 9 a.m I will be live streaming my pre-market watch list and today ssnt was N-a-t-h-e Both of them were straight off the watch list. All right.

So let's break it down all right. And as a reminder of my disclaimer, for those that don't already know it: day trading is risky. In fact, most people, most of you who are thinking about learning a day trade will lose money. The odds are against you.

So if you want to be one of the few who is consistently profitable, you need to do something different from what pretty much everyone else does. And that means first, not trading with real money till you've proven profitability by trading in a simulator. So take it slow, one step at a time, the market will be here for you. If you have to wait three months, five months, six months a year before you trade with real money, so be it.

It's better than losing money in the market because you don't know what you're doing. All right. So um, let's go over the day trades first and then we'll go over the swing trade. So I'm going to put those over here.

So today, first trades were on Ssnt. This was the leading gapper in the entire U.s market today, gapping up 311 percent with a 1.9 million share float and currently 25 million shares of volume. So this is the stock that I knew I wanted to be watching and I'm up 27 910 bucks on it. I did give a little profit back off the top, and in fact I'm a little disappointed that it didn't hold up.

Oops, um, better. You know. it kind of ended up being a little on the weaker side. So if we look at this chart, you can see that we had some trades on it pre-market off the volume weight, average price.

So this you've got. We've got a lot of lines on here, so let's break them down first by looking at the daily chart. So the two blue lines are up here at 15, 32, and 21.90 Those tie back to daily levels way way back here. The high of this candle right here, and then the high of I guess this candle kind of right up in this area.

Those are the areas that I kind of looked at as being maybe potential areas of resistance. Not that they were necessarily totally obvious, but those are the levels I watched and I drew some levels out a little higher. The orange lines are intraday levels, so pre-market we had a pre-market high of 1989, which is the level at the very top and pre-market starting at 7 30. it went from four dollars to almost 20 bucks.

But oh, Prpo is resumed. let's watch it. Um, so Prpo. I was watching this for a possible trade, but it looks like it's actually kind of coming down.

So as I look at that, the high is 70. but I don't really like that price action right now. You know that doesn't look that, nice to me. The long, probably the obvious long would be over 70.

Um, so you know. Typically I would say all right, I'll put my order up here at 70. but as I look at it, it feels weak. Weak Big red candles.

I don't know. maybe that's not going to be the one for us. So I'm going to sit out and leave that one. Let it be.

So back to Ssnt pre-market All right. So ssnt. Um, big move pre-market But then it sold off and gave back a good amount of it as it came back down here under the volume weight, average price. Now as it started to curl back up right here, it came up to 1479 and then pulled back.

In this area and uh, this is where I actually had my best trade on it. Buying this, buying off the support level, uh, right down here. Let's see right in this area. First five minute candle to make a new high after this pullback right here and then getting a nice move here from about 14 up to just under 16.

that was a nice trade. I did have a trade in this area right here and I also took a trade on the first five minute candle to make a new high right here. So in total I have almost 28 thousand dollars of profit on it. and when the bell rang, this was a wild open.

Let's look at the one minute chart. One minute chart at the open was crazy. This squeezed up right here from 11 55 to Thirteen, Forty two, two dollars a share and then drops all the way down here to Nine Fifty seven. What a Wild open.

So I did a dip trade on it. I actually bought off these lows and we gotta pop back up here. but only I mean realistically, it was about a dollar a share off the low. But I was doing dip trades on it and that's all we could get curled up right here.

And I did take this trade and this was a setup here for the break over. I did it. I think I drew it on the one minute chart. Uh, no, maybe I didn't but in any case, um, I was looking at the break over 880 which was this level here that had been tapped here and then again right about here.

So that was a nice little trade. But in total, you know I did the best I could on it. and that was 27 000 and I really couldn't do much better than that. Zcmd uh was an interesting one.

This one squeezed up uh and got halted right here. and so I I bought, uh. going into this halt right here it resumes, it rips up to five, pulls back and as it comes back up right here. I added for the break over five and it squeezes up to a high of 525.

I take my profit and then it ended up fading. so this one didn't hold up super well, which is kind of disappointing. But on this trade right here, and on this trade right through here. I was trading with pretty large size, so I did well on this one.

I think my max size might have been 30 000 or 35 000 shares. So you know, do the math. 10 000 shares of this stock is forty five thousand dollars. So twenty thousand is ninety thousand shares.

Forty thousand shares would be a hundred and eighty thousand. Sorry, hundred, eighty thousand dollars. So you know, definitely not a bigger position than that, but a big position nonetheless. But again, we had, um, uh, some catalysts here.

It was moving quickly, was already halting, so I definitely felt like it was something that was worth watching. So that was Zcmd athe I was aggressive on it as I could be. This one also made a nice break through the volume weight. average price right here.

A pullback. I got long off of four dollar support at around 412. squeeze up to 455, pulls back first one minute, candle squeezes up again, up to 475, drops down, comes back up through 475 up to a high of 5 15. But uh, you know this was about a dollar a share.

Not as big of a range as Ssnt. Ssnt certainly had well today. Like I mean it's had a huge range from four all the way to twenty fifteen dollars a share from on Zcmd. We had a range on this one of about four up to five so also about dollar a share.

but on athe I wasn't able to size up as aggressively small. trade on Dpha Dp Hc which was on the Gap scan. It's pulling back a little bit now that was on a break through. let's see 15 on this one minute kind of micro pullback that happened right in this area.

Wimmy took a loss on that one. tried to jump in right in this area, stopped out as it came back down. Blnk. Not a great trade either.

I tried to get in, i can't remember, I think it was right around here and stopped out. uh and Kodak. My biggest loss of the day down 2600. I tried to get in right here for the break through what I thought would be 18 and a double top and it failed at that level and came back down.

So you know it was a good day. but no, no single stock that was just like you know, incredible. It was just a little bit on the choppy side now on Apple. I took a couple swing trades on this yesterday and I stopped out on both of them today for a 245 dollar loss which was kind of discouraging.

So I'm up right now 743 on my swing trades, which is pretty good, but 245 loss on Apple So let's look at the Apple chart. So Apple yesterday I, um, I took a short position on it and that was, uh, I guess it was. I don't know somewhere. It was somewhere around here in the early part of the day through the afternoon I was like, I don't know, I kept an eye on it, it didn't hit my stop and into the close.

The market sold off and it sold off and I thought okay, this is looking good and the reason I took the swing trade short was because I looked at the daily chart and I said this is a topping tail candle. The high is 446, the low is 431. I think it's going to fade off this level. so I took a short position, but it actually gapped up a little bit this morning even though the overall market was gapping down and it flushed at the open and I was like okay, I'm in good shape and then it ripped up here and in this rip.

It stopped me out on my trade so I kept a tight stop on it. I have live stops on these trades and I'd rather be stopped out than let it turn into a 700, 800, 000 loss. These swing trades, The ideas, you know 400, 500? Maybe a thousand dollars of profit per trade? Max loss? You know 200 to 500. I just don't want to let it go too far and sometimes that means I'm going to be stopping out a little prematurely and I'll look back and think, oh, if I'd held it, I would have you know I'd be up now.

But uh, I'm keeping tight stops because it's easier to recover from small losses than when you dig yourself a big hole. So unfortunately I'm out of Apple and it's holding up. Uh, I also took a trade on Amazon today, which I thought Amazon on the daily chart was looking like it was pulling back here to the nine moving average. a couple of red candles in a row and then I was looking for the first green candle and so I took my position on Amazon right here as it bounced off the V app and what I did was when it came down to the V web.

I sold the three thousand dollar puts so I sold them and it popped up here. and then it came back down and stopped me out of that trade for a 164 loss. Again, kept a tight stop on it and at this point I'm glad I did because I'd only be. you know, further down on the trade Facebook I have a position on this uh which is a short and I'm looking for it to break below 49 and you can see that this one is moving in my favor.

I have two different trades on it. one I'm up a little bit more than the other, but this to me kind of like Apple is I think top heavy and we've got a couple red candles so I want to see it break 49 to 249. At this point I probably set my stop on it at break even. Um, you know and again if I get stopped out break even.

That means you know I might be like oh man. But at the same time either keeps going in my favor or I'll just get out of it. Netflix is the biggest winner right now and I have two trades on it. I have a trade that I took, actually it was like the end of last week.

I think that was this one right here where I sold the 440 puts and those ones. Uh, let's see. sorry I sold the 450, I'm up 923 and I bought the 440s to create a spread and so I have a net profit there of like 400 bucks. I also took a trade today on the 535 calls which are up here and I I'm making the kind of speculation.

I think it's going to stay below 5 35 by the end of the week. so I'm I've shorted or sold those and I'm looking for it to you know, continue to pull back. so both of those are looking good so I'm happy with that and the S P I took a trade on this selling the 331 calls and that was when it started to pull back. like kind of right in here.

Now it's actually gone a little bit higher, but I'm only down like 20 bucks on it and the fact is selling the calls because the market is green, I'm gonna get a much better price than selling the Puts today. I would like at a certain point to sell the maybe 300 calls again, but I'm not going to be sorry the Puts, but I'm not going to be able to do that on a day like today because they're not worth very much. So I'll wait for a red day to sell more puts. Today's a good day to sell calls I think, but at the same time you know market is kind of strong and if it keeps going higher I might just have to stop out.

But I'm only down 20 bucks 10 bucks so I can just let this one work for a little bit and we'll see what it does. But right now Netflix and Facebook are looking good and so I'm kind of turning around here a little bit. on the day I've got those couple of losses on the day, I've got a couple of green trades and my open P L is you know, six, seven hundred bucks. So again, the kind of best way for me to do this is to take the trade, set my stop and walk away and not look at it too much.

Because the problem is, if I come back here and sit down and and try to, um, you know, try to manage some of these swing trades. Next thing I know, I start day trading them, I'm over managing them and I stop out and then I get back in. Or you know it's just I. I understand.

Certainly that with setting a stop, uh, there'll be times where if I had been watching it, I probably would have sold sooner because you know the obvious exit would have been before my stop at times. But on the other hand, this goal of taking some swing trades and trying to develop this second secondary strategy is to generate some passive income that requires much less effort. And that's going to be good for me. And it's going to be good for you guys as well students, especially those you guys that are for whatever reason struggling a little bit to keep up with some of the really fast moving day trades.

Even though for me I kind of am like, well, 700 bucks I could care. You know it's not not really a big deal. On the other hand, for someone else, that could be the difference between you know, being green on the week or being read, or the difference between making enough from the market to not have to go back to a nine-to-five job and having to go. You know, start looking for jobs again.

So you know that's kind of um, one of the goals for me with Um with developing this strategy and you know, again, like anything else, you have to be willing to adapt. You have to be a little flexible and there'll be ups and downs in it, but you know right now it's it's going okay. and that's in part by taking trades that are I think pretty obvious some of the slightly riskier ones are. you know have been the trades that have good roi, but you know, if it doesn't work immediately my favor, I'm in a bad situation and then that makes it not really as much of a swing trade because I start kind of day trading it so further out of the money and the lower delta is going to be better.

and then I don't have to watch it jumping up and down with every dollar the stock moves. I can really just kind of step back, set it and forget it All right? So that's the game plan here and that's it for me. I hope you guys have a great rest of the day and I'll be back at it first thing tomorrow morning for Wednesday live streaming right around 8 45 9am The Watch List: So those you guys streaming on Youtube Facebook make sure you hit that uh subscribe button and uh, tune in to my recap or my watch list and recap tomorrow and hopefully we have another 100 gap around the scans, But hopefully unlike Ssnt, it actually holds up pretty well so we'll see what we get tomorrow. But in any case, volatility is opportunity and locking up 69 000 here, which is, uh, definitely a great day.

So puts me up now on the month of August 100 and what did I do yesterday? 114. So oh well. 180, 185, 000 on the month? That's a good start. No doubt about it that right now two days in makes it the best August of my career.

And uh, hopefully I can get back up towards 500 600, 700. And you know, last month I did 9.50 So who knows, we got a couple of really big momentum stocks. This could be another terrific month, All right, So that's it for me. I hope you guys have a great rest of the day and I'll see you first thing tomorrow, morning and again.

I'll put up my disclaimer here for those of you on Facebook and Youtube as a reminder that day trading is risky, so make sure you trade a simulator before you ever trade real money.