What's up everyone? All right? So I'm going to give you my recap here for today: Small red day. uh down, uh 1900. I Went red on my first trade today and I never went green. Today was just a red Day from the start First Trade was uh Ambi second trade was um Pac w ow third trade was uh wall fourth trade FRC and then lost on thmo.

So you know today's one of those days where it's just not happening now I don't and I was very hesitant to trade the bank stocks. Um, so far this week I traded them a little bit uh I had a couple trades on them yesterday. a couple trades today, very short trades. enter exit not overstaying my welcome, not wanting to push it at all and I'm okay with that because at this point, uh, they've it's been enough days that I I think the risk is a little bit more manageable, but it's still there's still risk and you know I I don't want to be sitting and holding them for a long time.

so why don't we look at Um Pack. Well, we could look at um Ambis the first stock. so Ambi first stock I traded I got a couple trades on it uh I went red on it pre-market getting in at 16 and adding it's excuse me 1687 for the break of 17. and then stopping as it came back down.

Bummer goes back up I Got back in here for the break back over 17. got a little profit up to 18 and then did dip trade off of 1630 for a pop back up to 17. in fact that dip from 1630 up to 17 was my best trade. This one was choppy and yesterday you got some great action on it.

but it was not without risk because yesterday you had big spreads, lighter volume pretty much the same as today, but yesterday it ended up moving quite nicely and not so much today. So that was my first tray put me red 800 but then recouped half of it and I'm down 4.93. All right, so not a big deal, but you know never love to start the day in the red. It's not a good, it's not a good start and then FRC starts squeezing up I saw it squeezing up and it was right at the halt up level right here at 33 60ish and I was like oh it's halting up uh yesterday I had a good trade on Pac W that when FRC was halting up I jumped in pack W and got a squeeze into a halt.

So I did the same I got in at 11 15. 11 and 15 cents. that was Um, let's see right here 11 15 I get in sorry So I got in right here. it then dropped to 1090 and goes down to 1066 and I had to stop out right? I took the loss I stopped out at like 1080.

So I stopped out and not you know two minutes later it's halting up at 1160. uh uh, right idea, wrong timing and you know I had to keep a tight stop on it because I didn't want to get caught in a hall down. so I got in break out her bailout. it failed and I I had to cut the loss so that was that FRC on resumption from this halt I got a dip and rip from 35 up to 36 that ended up being my biggest winner of the day on wall.

This one has the five percent stake from Citadel I got the um the trade on that uh on resumption from a halt. So you know a couple small trades there, but I'm break even on the bank stocks or small loss actually I'm up a little bit on those um two but I'm red on Pac w and then small caps I'm read on today as well which just speaks I think you can see in the P l this dispersed attention. You've got the attention on Bank stocks and then you've got some small caps but they're not holding up super well. So it's a tricky day and for sure this does not feel like the type of day to push it.

This feels like the type of day just to walk away. Could I have walked away a thousand dollars earlier? Sure I probably could have and I'd be down 700 today. But in any case, uh I took that last trade on Thmo which um I had two trades on it I had one trade on it uh, right here and this was a green trade and then I got back in it uh, right in this area and caught the flush back down for a red trade and then I did a dip off the pullback for a small green trade, but the gain was small. So thmo and I didn't trade it during the first move up.

so I missed that action as well, so missed a little bit of action uh, yesterday and today on some things that were moving and then ended up catching some of the choppiness. sort of same as yesterday. just a choppy day overall. So as of right now I was green on Monday Tuesday was more or less break even and I'm red here today on Wednesday.

So I'm read on the week by like a thousand bucks. Last week was a nice green week, over ten thousand dollars of profit. so this week kind of just holding it together here with a small loss on the week so far. but uh, still with two days left to uh, turn it around and hopefully I will you know? but again, it's 100 based on what's happening in the market and everything going on with the bank stocks is creating some distraction.

and I think that this is going to be a time just to kind of take shelter a little bit and hunker down. and the fact that I went right on my first trade. maybe I shouldn't have even broken the ice today and taken a single trade because it's like it's just while we have the bank stock distraction. I'm concerned that it's going to be a tough time for momentum, but at the same, you know on the other hand, you did have thmo that made a nice move here from 244 up to five I didn't have internet at that moment I was dealing with my internet being out so I had my hot spot.

but I usually I just use that for closing out trades I don't want to trade on it anyway. So I missed that move yesterday on Ambi there was a move after I closed up. uh, you know, plus 100 break even on the day or more or less. Um, that one went from 8 to 24.

but I understood that it was on light volume with big spreads. so I don't know if I would have even traded it. but uh, and then the action on the banks have been tricky. So they're volatile.

they're you know, actively traded, but you know they come with a significant amount of risk so you have to be really careful in how you approach it. A couple little sniper base hit trades there, but uh, didn't produce any meaningful gain and really probably wasn't worth the risk. So that's my Wednesday uh, nothing to be excited about, just uh, you know, blah kind of waiting for things to improve. This is an environment with Global Financial Um, you know concerns with the banks that that that's definitely more difficult to trade in.

So a lot of risk right now, not as much reward attention is dispersed. Definitely a good time to size down which I was today and I'm grateful for that because if I was sized up today, the loss I'd be down six, seven, eight thousand for sure. So sizing down, easing off the throttle, staying cool. This is the right move for right now and when it's time to step back up I'll be ready to do it.

but uh, it's it's today's not. Doesn't feel like that day again. it's still relatively early at 10 A.M I have class I'm teaching at 11 for warrior Pro students. so I'm Switching gears and getting ready to teach I am coming to the end of the window where I usually trade the best.

So at the end of the window where I trade the best. On a day where I'm already red, 1900 doesn't feel like the day to push it. but you know, as always you have to. uh, you have to make that difficult decision of when to walk away.

so that's it for me. Um, live to trade another day and I'll be back at it first thing tomorrow morning. All right, see you guys then! Reminder: As always, trading is risky. My results aren't typical, so manage your risk, take it slow and practice in a simulator before you put real money on the line.

and I'll see you first thing tomorrow morning.