What's up everyone? All right? Well here we are. Thursday morning we're coming to the end of the week and things are cold now. We had the bad Cpi numbers yesterday, so overall market sold off, popped back up and then this morning. back to the lows.

I tried to take a couple trades today. I actually traded eight different stocks, but I'm red thirteen hundred dollars. so I was green on three and red on five. and so anyways, it's a small red day.

I will recap it. We'll go over the each of the trades on those eight stocks. Um, you know it just today wasn't Uh, it wasn't as bad as yesterday in some ways, although yesterday we actually had, you know, a couple of Momentum stocks, but I just wasn't able to trade them well, which I talked about during yesterday's recap. Sort of a liquidity issue.

light volume, big spreads, just couldn't get orders filled. That problem did continue a little bit today, but mostly the issue today was just lack of follow-through stocks would pop up and then fade. They were, they weren't holding up and we didn't have anything that was obvious and lacking anything obvious. The best decision was to walk away so I did not hit my max loss.

I did have three consecutive losers at one point and at that point I was down about twenty one hundred dollars. I kept trading because it was quite early and I thought that you just you know, I know, I know my max loss is set at three thousand right now. So I thought, all right, if I, you know. take a fourth trade and I lose a thousand on it, I'm gonna be max loss.

I'm gonna be cut off for the day and that's that. Uh, but the next trade actually ended up being a green trade and I rallied back up. So at my worst, I was down 21. 2200? At my um, best, I was down only 600..

So today actually, I was down only 400.. So today, really, I never went green. It was a slow choppy day and a little bit bummed out, but at the same time trying to keep perspective that red days happen and it's better to keep them small. It's better to walk away early and not fight it.

This isn't the market to try to fight to make back 1300 bucks. Like it doesn't matter. I'm sitting at over 11 million dollars gross profit and I'm down three thousand dollars right now off my all-time highs between yesterday and today. So like perspective is really important here.

There is no sense in getting Ben out of shape to try to fight back to make you know that two or three thousand dollars, whatever it is, just wait for the market. To you know, support the strategy that I have traded so well and you know that's that's the plan. So those of you guys who want to learn more about Bear market strategies, there'll be some links right down the description you can check out. I did a class on Bear Market.

The Bear Market strategy that I'm using right now a couple weeks ago, which you could watch the replay of if you want to. The approach is is definitely a little bit different. I'm not trading the same as I was a year ago or two years ago. rightfully so you know, two years ago, the market was very different from it the way it is today, but at the same time for a beginner trader.

this is a really good market to be practicing in because it requires a lot more discipline. You know, when the market's super hot, you can get a little complacent and you can kind of get away with it. and unfortunately that's going to catch up to you when the market gets cold. So you have a lot of people that did well during the hot market, and then they blow up during the cold market because they're not able to adapt traders who learn during a cold market.

Then you're set up really well to scale when the market picks back up. so I encourage you to keep practicing. Keep studying. This is a great opportunity to gain experience and I'll be back at it tomorrow.

We'll finish the week Friday during the summer July. Low expectations. You know? if I get a couple trades and I make a little money, that's great. If I go red again, the loss will be small because I'm gonna manage my risk.

So that's the game plan and I hope you enjoy the recap. We'll go over each of the eight trades or eight stocks I trade today and as always reminder trading is risky. My result's not typical and there's no guarantee you'll find success, so take it slow. All right.

Enjoy the recap and I'll see you first thing tomorrow morning. So I'm going to finish the day here at Uh Minus 1300. So you know, another small red day relatively speaking. Uh, Biggest Winner: 1200 on Clnn, Biggest Loser 2100 on Sisi, and then a bunch of in between.

Kind of the same as yesterday yesterday I traded eight stocks. Today I'm at Uh eight as well, but today I'm green on three and red on five. Yesterday I was four and four, so a little bit worse today. But um, but in any case, not not really that all that different because 25 is like whatever.

93 is very small. So you know this continues to be a market where uh, you know I'm looking for opportunities looking for quick trades. And today the first trade was on Sisi and this one was kind of annoying. Um, I jumped in it first on this candle right here early morning where we had some news.

I jumped in at 45 for the breakthrough 50. we hit a high of 54 and then dropped right back down to 37 and I lost 500 on it on that trade. All right So then you know, 10 minutes later, 20 minutes later it comes back up again and on this one I got in um at 69 right here thinking first one minute candle to make a new high a move back over 70. and I got a little stubborn on it.

I was like you know what? this is so stupid I'm not going to stop out right here. Um, I'm going to give it a chance. I gave it a chance, it comes back up to 69 here and I was like all right, go go through the high already but I stopped out on this red candle. So and on that one I took 10 000 shares which is the max position that I can take right now and I lost like 15 cents from 69 to 52.

So I didn't do a really good job managing my risk on that one or keeping the stop tight and ended up being down 2 188 on the day. That was my lowest of the day. I then rallied up with trades on Clnn which is moving back up now but um is under the 200 moving average and I think that's going to be a problem the 200s at like 409. I traded it on this candle here to anticipate the break through highs and we did get a nice 30 cent break so I made 1200 on that.

Not bad. Uh, Evgo. We got a trade on this one on this uh algo news spike But good thing I was quick because it did not hold up at all. It's back down to the lows and qrteb.

I made 450 on it. just small trades. didn't really trust it so just took like thousand shares and bought. sold.

Bot sold. did that a couple times. So a couple small trades on that one. um Stern.

this one had news. Strn had some news this morning on that Spike lost 25 bucks on it. Cut the loss quick. I lag jumped in on this thinking maybe we were gonna curl.

Cut the loss quick. Good thing because it sold off. Goev tried to take a trade on this. um right around four for the break of 410.

the flat top stopped out 240 and then Viru you know, kind of stupid took a trade on this. um at four 1650 thinking daily continuation. really not the right setup. I mean this isn't the right market to try to take that setup and it flushed so hard I was down 1200 so or 1100.

So I hadn't taken that trade. I'd be probably you know, more or less break even on the day. Still red but more or less break even. But unfortunately that's the trade.

That kind of, um you know has made it concrete that I'm going to be in the red today. Yeah, but again at the same time. Um, I had a good day on Monday. I had a good day on Tuesday and I'm still green on the week.

So these are small red days. You know, those of you guys who have traded with me for a while, you know you've seen how I've had some, you know, huge red days in the past. So this is like this is like nothing. I mean this, like is almost irrelevant.

You know, from turning. Uh, you know. I mean if we looked at my sort of Pnl in the account and this is, this is exactly what I'm trying to do. I'm trying to keep my risk.

Super super dialed in right now because I don't want to dig myself a big hole. I I won't be able. I won't be able to quickly recover it. So you know I'll say.

As always, my result's not typical. There's no guarantee you'll find success. Um, but you know, I'm sitting at 11. Uh, 11.3 million dollars in gross profit.

So you know when I have losses, like you know, today, I'm down thirteen hundred dollars. Yesterday I was down seventeen hundred. So off of one point, you know, 11.3 million dollars of profit? I'm down. You know, three thousand dollars off the high Right now.

That's like not even a percent. It's like not even a tenth of a percent. You know what I mean. Like, that's one.

Let's see one. one ten percent would be Uh, 1.1 million. One percent would be a hundred thousand. A tenth of a percent would be ten thousand.

So you know it's it's a tenth of a tenth. I mean, it's like it. just. And that's helpful for me to kind of put it into context that it's not worth caring.

It's not worth trying to fight back to finish today. Green, Because today is not the type of day that I'm going to make a lot of money in this market or in general this. This market is not as. um, you know, it's just a cold.

It's a cold day and that's fine. Cold days happen. The worst thing you can do is get fixated on finishing the day Green when the market's really cold and it's just not worth fighting for it. So this is a day where it's much better just to get out of the water.

it's way too choppy and come back. you know, tomorrow or the next day. And you know, on something like Qr Teb, you know these are stocks that, um, you know, potentially. Had I traded this one better yesterday, you know I could have had a really nice win on it.

But but this is very difficult. I mean, four halts up on extremely light volume. You know these are not easy. There's not enough liquidity to get in and get out, so you know I did lose on this one yesterday, made back a little bit on it today.

But uh, you know we're in a lull and um, I'd like to be able to have you know, green days even when we're in a lull. And generally speaking, I am. I'm green on the month and green on the week. So you know a couple red days scattered here and there.

That's nothing surprising, nothing unusual. just want to keep the losses really small. that way you know one trade tomorrow like one trade on a Clnn? Boom, You know makes back today's loss like that. Um, you know, one good, a couple good trades, and I'm up five grand or seven, or eight grand on the day.

And I'm you know, back to all-time highs in my account. So my goal is to try to keep the account. uh, kind of as close to all-time highs as I can. I don't want to allow myself to have you know 100 000 draw down like this would be too difficult to market to make that back.

So I'm happy with. um, you know the fact that these are small red days and I'm stopping when the writing's on the wall? I'm not hitting my max loss. I'm not really getting that aggressive. I'm just kind of like ma whatever.

Try again tomorrow. So that's the game plan. Just going to throw in the towel here. try again tomorrow.

We didn't have an obvious gapper this morning going into the open. I was down 500, added another 1100 in losses on Veru and then made back half of it on Qrteb, and now it's coming up to 10 a.m No obvious gappers, nothing clean in the first 30 minutes. I could sit here all day long, but I don't really want to, so I'm gonna shut it down and call it a day. And the days that I'm more likely to put in longer hours is when the market's hot and I'm getting paid for that time.

You know, sitting here to try to make back thirteen hundred dollars? That's that's silly. It's not worth it. All right, So that's it for me. It's 10 a.m and I'll be back at it first thing tomorrow morning and hopefully we have, um, you know, a better, a better day tomorrow than we had yesterday or today, But it is Friday.

It's the summer so expectations low for tomorrow. If you took the day off tomorrow, I wouldn't blame you. I'll show up, I'll see if there's anything good, but my expectations are low and I will be using appropriate share size based on those expectations. Okay, I'll see you guys first thing tomorrow morning.

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