All right everyone. So I'm going to do my recap here. Today is a red Day Recap Back in the saddle and in the red so you know it was a green day. Uh, before I ran into Dcfc.

Uh, and I had about a thousand dollars of profit in my main account and then profit of my retirement. and then this loss pic Pik was a tough one as well. So let's kind of look at the day, how it unfolded and how it ended. So began with Nvct.

This was the first one that I traded and this is a stock that you guys had yesterday. Solid momentum. I mean really, this was pretty awesome. Halted up, squeezed up, pulled back, and then rips back to a halt up dip and rips up to eight, pulls back and then rips up to 10.

35. Another one of those stocks that moved pretty quickly, but did in this case give some nice pullback entries. So this morning on this candle right here, as it started to spike up, I jumped in about halfway up on that candle, I bought high. I filled 2800 shares of a 5 000 share order and that was in my main account and took about 30 cents of profit off the table 989 dollars.

Then I realized I was in my main account, switched my retirement, and added back. So the problem on this one is that basically it had two green candles and then 30 minutes of sideways price action before breaking out just for a second and then selling off hard. And that's frustrating. I traded it through this price action dipped, trades off of eight dollars, psychological support, you know, bounced back up to 846.

I mean that's a nice range 50 cents, drop back down to the V web, back up here to 850 off the V web, again, back up to 840 off the V web again. held into the open for a long and looking for a re-test of the pre-market highs, hit a high of 861 and then flushed. so went red on this trade. went from up about 5 000 on the day to up uh, I think maybe I don't know what it was and then got back in for the red to green and lost on that one as well and then bought at 729.

False halt down, but it ended up being a real halt. I thought it was gonna be a false hall, ended up as a real halt and then it bounced back up to 775 or so on the resumption 765.. So finished up. Uh, 2500 plus a thousand so 3 500 approximately on this one green but not like crazy good.

Pretty choppy and unfortunate that it didn't hold up at the open. Disappointing writing on the wall. perhaps? Sopa this one squeezes up here, halts up at 5 12, opens high, sells off back to 480, then rips back up high. A day entry right here 544.

Sold. Going into the halt 564, about 20 cents, so took the entry right there if the squeeze opens, taps that level for just a second, pulls back, comes back up to 580 and then sells off again. So a thousand bucks on Sopa and then P I K P I K pops up on the scanners and I saw 2 million share float. I jumped in at Uh 530s approximately.

Let's see this candle is a high of 540. it did drop down here for a second uh but then popped up, dipped down to 520, then back to 550 and then this candle flushed all the way down to 478. I lost 3 800 bucks at that moment. I was up only a hundred and fifty dollars on the day.

Between the two accounts I was like all right that's it, I'm done And then desperation and Fomo kicked in. Dc S. It's our Dc Fc halts up right here at 8 42 it resumes high. I watched the dip.

I tried to punch the buy button right here on this candle and I did not get filled but first came to make a new high goes to 10.95 Fomo long at 10 50. I accidentally bought 9 000 shares. I sold it going into the hall at Uh 10.95 up 4500. it rips up here and then I added back at Uh 1150 right here for the first one minute candle to make a new high.

It hit a high uh there of 1190. so I was pulling back so I got back in. Maybe it wasn't 11.50 Maybe it was a little lower than that, but in any case, um, average I think was around 1132 and then it sold off to the view app. I averaged down at 10 30, 10, 40.

first kill to make a new high popped back up to 1085 and when it broke back here I cut the loss and I had to. So just like that, I lost 15 000 on that trade, gave back the 5 000 I was up and I'm down 11 000 on it. So the first micro. So here's the thing.

The first micro pullback was great. I missed it. I then took the long same as on Sopa for the break through. the high, sold it and then I added back for the break of 11 but I got filled I think a little high.

I don't remember what I did on this trade but then add back right in this area for first one minute candle. I was looking for a breakthrough 12. it was too high. That was the third pullback.

I see it now, but in the moment I didn't see it and that that's always tough. Uh, trading. It's easy to see things. In hindsight, everything can look so obvious, but in the moment, Um, you know, especially when you're trading on the tape and level two, you can lose sight of that.

So I'm glad I got my loss. Where I did at 10 30. it went down to a low of 8 30. So got the loss.

But unfortunately I am red here on the day so I might actually grab my metrics here and this is a good enough time to kind of take a little step back, look at my metrics for the month, sort of see where am I at what's been working? what's not working? So I'm just going to export my data so we can take a look at it real quick here. Let's see. so this will just take me just a quick second. So from the first through today and desperation kicked in a little bit here because um, today was, um, my sixth or seventh consecutive green day was and as soon as I went red, I was like no way.

I'm not gonna hold. I'm not gonna let this ruin that streak and that was part of averaging down instead, just cutting it quickly. You know it was that, um, that frustration and it's it. Doesn't take much, you know, disappointment from missing the move yesterday and then you know, just compi.

Um, it compiles. That's what I meant to say. All right. So this will be as of, uh, yesterday.

I don't know if I have any other trades in my main account so far on the month, let's see. So all right. So this is. these are my metrics there and I'm just going to check my other account real quick to see if I have any trades to import have today, but that won't be available until until tomorrow.

No trades yet. Okay, so I just have my main account. All right. So um, let's see.

so let's go into. Well, let's look at let's look at overview. Let's look at the last first. So the last 90 days you can see.

Obviously, you know I really can't complain. That's 1.5 million dollars in profit. Have I given back a little off the top? Yeah, yeah, obviously. but you know I really can't.

So the last 30 days, all right, you know, this is where this is why I complain a bit. Uh, was up 295 and then lost 100 off the top 193 and it now bounced back to 238. So I've made back. you know, Forty thousand dollars.

Forty five thousand. Well, but today I'm down 11 000. The last couple red days were 38 000. Two 38 thousand dollar red days.

This one was 16. This one was. Uh. so today is a smaller red day, which is so.

Oh, and let's look at the calendar here for one second. So the calendar. Um, yeah. Today was the seventh consecutive green day after that red streak right in there and I really wanted to finish today green.

but I couldn't. So let's see. So we'll go from February 1st, so you know pretty pretty quick base hits. This month was only up 7 in gross profit, so we'll be down about 3 000 on the month.

I haven't had very many trading days obviously. Um, it's only the fourth trading day for me because I missed Friday and Monday. so fourth day in in. But you can see these gains are small.

Average daily gain only 2 500 bucks, you know. Average Winner: 500 average Loser: 114 Accuracy: 71 percent. Well, that was great until today when I took a 15 000 loss. So my profit loss ratio is going to be pretty pretty poor right now, which is disappointing.

I you know this is for sure one of the longer Um stretches that I've had recently where things have been slow. I've been keeping my head above water. I have profit, you know, 52 000 here, but inaccuracy is good. 72 Accuracy today is still good.

Accuracy today was fantastic. The problem is that I had six small green trades or seven and then you know, caught a big loss and that's what kind of keeps happening and that's speaking to something that's of course out of my control which is the greater market, the market that we're in. And so I've had periods where things have been slow. This isn't by any means the first time I've been trading for a long time, so I've had periods where things have been slow and uh, we're in one right now.

You know this was a drawdown in the end of January, rebounded a little bit last couple days, and then you know, kind of flat going into February only three days, four days now into the month. So now down like four thousand or whatever. Dollars. Five thousand on the month.

You know, in a hot market, it's like nothing hot market. That's one good trade in. one second could be in and out and up 5 000.. But we're not in a hot market right now.

We're in a market that is pretty old and in this market, we've seen some opportunities. If you're willing to be quick, get in, get your get your base hit, get green, and get the heck out. And on this one. You know your first pullback worked, your second pullback worked, and then as it started to form a five-minute setup, it failed.

on, uh, pik that one. The first pullback really didn't work super well. probably just not enough volume on this with no clear catalyst. It hit the scanners, but just wasn't strong enough.

Today wasn't the right day to focus on that type of stock. But if we switch to um, Nvct, you know this one, You know clearly micro pullbacks. Um, you know in this the area area here eight and then eight fifty provide some opportunities. Dips off the B web starting a little choppy and so you just gotta get green and get out.

Get Green. Get out. Don't overstay your welcome. Every day that I'm overstaying my welcome, I am finishing the day.

Red. In this market. So there is a way to trade through a cold market and stay green. And I'm doing it.

Part of that is making some money and giving some back. Making some money, Giving some back. I mean, it depends on where you say the cold market started. If you say the cold market started on, you know, the 13th year.

I would say it was cold, the beginning of uh, January and even the end of December, but I just managed to trade better. But you know my red streak started at the 13th. So we go back to January 13th. in this period.

Here that was a green day. So we'll start on start on the 19th. So start on the first red day. So the first red day there.

So in this stretch here you can just look at the metrics of this kind of cold streak. So you know, lost about 100 grand, made back a little more than half and we lost 11 000 today. so we'll still be down 66 000 versus the highs. It's a net profit, but the accuracy here is 70.

The accuracy is good, that profit loss ratio terrible, and so what that is is. You know, five small green trades and then a trade where I get in too high. I don't cut the loss. I average down the next thing.

Huge loss. Thirty thousand dollars. Forty thousand biggest loss. Thirty seven thousand Biggest winner.

Twenty one thousand losers are longer than the winners, holding the losers too long. a little bit of hope and prayer. there. a little bit of desperation, so you know that's not great.

These aren't great metrics. I'm not going to disagree with that. Uh, I would. If someone was going to be critical, I would counter that.

There is no strategy that doesn't have some period of of consolidation or or decline. You know, like right here, there's a pullback right here to pull back. There's no strategy it doesn't have. You know, some pullback days or some flat days or break even.

That's just the only. The only people that make money every single day are the stock brokers who make money on the commissions. Uh, and aren't trading right? But traders, we take risk and you have to be willing to take risk. Now, in case I didn't already say it, my results are not typical.

trading is risky. I do. While I'm talking about a red day here, I do have a lot of profit. Uh, that I've been able to build uh from my account and you know if I'm gonna brag for just one second to offset all the talking about my losers.

Um, I'll go back to January 1st, 2017, which is when I started with less than 600 dollars in my over 10 million dollars in gross profit. So this momentum strategy that I trade that's 18 000 trades over five years. This strategy works very well, but the reality is there will be periods where the market is hotter, in periods where the market is colder. So that's going back to 2017.

You could also say that from 2017 through today's date, the market generally has been strong. And while that's generally true, it doesn't mean that there weren't periods like here. You know, here here. Certainly here.

Right in here, and here where the market dipped. and we've got another one right here. Now my. My trading usually will be better when the market is stronger, because small caps will typically be stronger if the market is particularly weak.

It's natural that that's a rising tide that lifts all ships, or a falling tide that lowers all ships if you invert it. So yes, during a colder market, in the overall market, small caps will typically suffer, but it's you still had a great opportunity yesterday on Nvct, right? Regardless of what the overall market is doing, you will have, uh, anomalies. You will have exceptions to the norm, and these are stocks usually that have some type of catalyst. This was a recent ipo, which is a popular daily setup.

so in any case, there's still opportunities. But um, coming in with the expectation that we're going to see a big big move. Like the types of moves we were seeing. You know, in a hot market every other day or every day.

It's not realistic in a cold market and that's my biggest struggle. As a trader that has always been my biggest struggle. I come in every single day, optimistic, aggressive, and in a cold market, I usually dig myself a hole. I usually do.

I'm not good at sitting on my hand. In fact, today would have been better if I hadn't taken a single because I'm finishing the day red right? But it's very hard for me to come in and not trade. It would be very hard for me to have sit and watch this move and not trade. It would have been hard for me to sit with Dc.

Uh, Dcfc not take a single trade. I see the opportunity. I want to trade it and you know what I underestimate is. um, you know that the market right now is just not as high as it was before.

You know? I mean look at this, it's curling back up. Well I'd still be down to over a dollar a share if I was still holding here. And you know, for those who say hey, you should just held the whole position I'd held all the way down to 8 30. it would have been down three dollars a share.

Three dollars a share is a serious draw down. You don't want to let that, you got to cut the losses, You got to learn from them. You got to move on. But for sure something I struggle with is taking my foot off the gas and the market is cold and I need to get better at it.

so there's always room for improvement in your strategy and in your trading. Certainly that's true for me as well. I hope that we do start to see some better momentum, because I know when we start seeing things that are really strong, I can stack up the profits really quickly and I can do quite well. But um, you know, in the meantime, I have to be patient.

And when I let that desperation kick in when I let Fomo kick in, that's when I have problems. And today I went from green on the day by about five thousand to read on the day by about twelve thousand. Eleven thousand. Well, eleven minus.

Uh, or plus the thousand. So a little over ten thousand. But still, it's a red day. I'm not happy about that.

Uh, but part of trading. So you need to try to always learn, especially from the red days and try to keep improving. Try to keep getting better. And you know, if during a red streak you lose money, but you can minimize how much you lose, then minimizing the losses is by itself a victory.

So that's it for me. I'm you know, locking up the red day here and I'm gonna try not to let Fomo get at me and just come back tomorrow. Fresh slate again, and hopefully tomorrow we see some better opportunities. but I suspect it'll continue to be a little cold and it'll just be sporadic now.

A couple quick hits here and there and not overstaying my welcome. That's probably the best way to get through a choppy market, and I could have finished today easily up four or five thousand dollars if I'd been willing, uh, to stop sooner. That was. That would have been a sacrifice to anything that might happen after I stop, but it would have been the right move today.

and it generally is the right move. But it's a hard decision to make when to stop trading each day, so that's it for me. Uh, I'll be back at it tomorrow. As always those on Youtube for the morning show.

I hope you tune in and uh, hopefully we we do have a little bit more action and start to see things turn off this kind of slowness. But today easily could have been my seventh consecutive green day. Uh, I just came at it too aggressively and when I started to get back profit, I didn't walk away soon enough and I dug myself a hole that was, uh, that was within my control to not let that happen, right? So that was that. That's on me.

All right. I'll be back tomorrow, try again. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already. Our goal is to hit 1 million subscribers this year, but we won't get there without your help.

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