What's up everyone? Alright so here we are Friday morning finishing the day. well it's kind of funny I did my midday recap record it Facebook live did my thing I was up $200 on the day and while I was recording the midday recap this stock CADC a Chinese stock was squeezing up. it went from $6 to 7 to 8, halted on circuit breakers, squeezed up to 9, finish the recap and was still watching it and I decided to jump in. so I jumped in it at 990 and sold as it broke over ten and made for an hour bucks.

So just like that I went from up 200 on the day to 600 on the day and then we started seeing other Chinese stocks start to pop up because CADC had just made this huge move. So I saw YEC Oh papa it goes from 3 to 3 dollars if for 2330 I got into 350 I then added 355 it squeezes up to a high of 5 495 497 Boom made $4,000 on it took another one see Hnr jumped in that made 1,500 bucks jumped in CNET made scratch a small win. So just like that I made $7,000 scalping for Chinese stocks because momentum came into those Chinese stocks. Now that's the funny thing with Momentum trading.

We often see that sympathy momentum within a sector. Sometimes it's all Chinese companies. Sometimes it's all biotech stocks, sometimes it's all shipping stocks. But we often see momentum clustered like that.

So my winners are often closer together and they're often all stocks in the same sector same, you know, region or whatever the case might be. So boom from $200 to 7,000 of the day, that means I'm up $22,000 this week I Love it! That is a great way to finish the week. It's a great way here, kind of coming into the end of the month. So $22,000 this week? Momentum is back in the market.

Things are hot, they're picking up, so I'm gonna be back at it first thing Monday morning, ready to put the pail of the metal and try to make the most out of this little window of opportunity. Alright, so we'll break down the trades from the first part of the day that got me $200 in today's Margareta All right, what's up everyone? So we're gonna do our midday market recap. We'll go over the trades from today, and we'll go over some of the trades from the week. So it's been a pretty good week.

I'm finishing up $15,000 give or take. Well, I know it's about 15,000 Maybe was fifteen thousand, five hundred or something like that, but in any case, close to fifteen sixteen thousand. A solid week. but for me I did have a good-sized red day.

Biggest red day of the month actually down fifty seven hundred on Wednesday So if I hadn't had that fifty seven hundred dollar loss, you know this would be a twenty thousand dollar week. which would obviously be a lot nicer. but you know we're still in the market. That's been a little bit difficult.

Momentum is picking back up, but I've had a couple of times this week where I took trades and kind of had funny entry points and was expecting more follow-through and just didn't really get it and that you know ended up costing me, especially on Wednesday. So the good news is that I had two really big winners this week to $10,000 winners. So those two trades really carry the week and you know that's how it usually is. when I look back on my trades, it's like it's you know, one trade here there that really puts a big dent in the P&L You know, last week last month it was Bo XL making twenty four thousand dollars on that stock in one morning or one afternoon, making eleven thousand dollars on it the next day, or fifteen thousand on it the next day.

You know it's that one stock that really made the the difference. A month before made 15,000 on L.e.d.s and twelve thousand done here. Har. You know, a month before that a thirteen fourteen thousand dollar winner on Kali.

So you know these single trades. You know they always are really nice to get because they they just give you that big cushion. Today's a day where I didn't have any single big winners I'm up 200 bucks I mean this is a basically a break-even day for me as far as I'm concerned given the way I trade yesterday was $13,000 today's 200 bucks. So it just goes to show I didn't do anything differently.

today. I trade my same strategy looking for the same, you know type of setups and the market just wasn't as hot today. So what's important is that I respond to that by taking my foot off the gas I was like all right, it looks like we're coming to some rainy weather I'm gonna take my foot off the gas I'm not gonna try. Set a record lap time here I'm just gonna go easy, try to finish in one piece and you know Green is good.

You can see here five stalks I Traded no big, no big winners, no big blowouts. this is just kind of choppy stuff and accuracy today right around 50% pretty much I mean you guys six trades, three winners and three losers. so you know I mean whatever. Today is just a day where we didn't see really good follow-through all right now this week on Monday very first trade right out of the gates.

It was kind of interesting because just to kind of do like a little bit of a week in review on Monday we had GEVO Super Super. You know, strong stock, but it started the day by going in the red. And my go-to strategy for trading these types of stocks is to jump in for a break of the pre-market high and this is how it opened. Alright, it opened.

at 528 I jump in and boom it drops down to 460 I get stopped out and I lose $3,000 All right, it ends up all of a sudden breaking the V whap and squeezing up all the way to like 11 bucks. But you know for me, by the time this was happening I had already I mean I'd lost 3000 on it I tried to make some back but I felt like I was chasing the move and I ended up making back a couple thousand bucks. But overall I was just not not happy with the way I traded this one so it got stopped out and then it runs now. I had a trade that I took X SPL off the hide a momentum scanner that same day and that was a big winner.

So this one I chased a little bit I got in high I think nine dollars but you can see it squeezed from a low of eighty all the way up to eleven fifty. So that was my first $10,000 winner of the week. so that was a really nice trade. So I finished the day up 76 hundred dollars and then Tuesday see lbs.

We've got this stock that's gapping up big I jump into it and what happens the same thing I jump into it and I end up losing. Where was this did you -? I got in at 450 Yeah! I got in right here and end up losing. money on it as it came back down. I lost a couple thousand bucks and then it.

sorry so sorry. What day of the week is this? This was the 19th? Yeah. I think this is that. this is the day.

so I get stopped out of it though. this was actually Wednesday sorry Tuesday Tuesday made a thousand bucks. it was kind of a wash. it was a little bit of this, a little bit of that, but ASTC that's right.

So let's go in chronological order. So Tuesday was ASTC this was the stock that was gapping up big on Tuesday All right. So Tuesday it's gapping up, but you know by the time the bell rings, they had already made the majority of the move so it just really didn't hold up very well. and I ended up losing a couple thousand bucks on it and that was, you know, kind of annoying because it was the biggest mover of the day and I'm red on it so there's a little irritated on that next day.

lost money on CL BS another one that you know it was a big mover but it stopped me out on this drop before it ended up squeezing up. So I lose money on it. That's really frustrating and akd same thing. I jump in.

it shows a lot of potential but it stops me out before it runs. so just you know that kind of thing is is really irritating. So what I decided to do yesterday was instead of jumping right out of the gates and get stopped out I'd wait for the bell to ring and and wait like five or 10 minutes. Just give it, give it kind of a chance and give things a chance.

and that's when I ended up getting that nice trade on Xbi. Oh this one I didn't jump into as soon as the bell rang I waited for it to consolidate a little bit and then when it started to take off I jumped in at actually 450. so I jumped in it at 450 and I sold on the move up to $7 That's a big move, right? so you know made some money on that one. Ten thousand dollars and that was pretty good CADC Okay I see you guys looking at this one for I don't know this scanner is not working at all I got to figure out why, but in any case, CADC is halted.

The thing with this one is that it's a five cent tick stock so it's trading in five cent increments 650 by 655, etc. Everything is quoted in fives and zeroes and we haven't usually wanted to trade these very much. I'd probably leave it alone, but you know, if you're able to make a little money on it and scalp it, then I probably take that profit as quick as you can. So anyways, you know Monday 7000 Tuesday a thousand Wednesday lost five grand Thursday thirteen fourteen thousand and today two hundred bucks.

So kind of you know, a good week but definitely some losses mixed in there just because the momentum is a lot of has been pre market and we haven't seen really really good follow-through during the the morning. So today took a little scalp on Ren Re and and this one is a gap down. reversal on the dividend I don't usually like trading them but you know it starts squeezing up I jumped in it at 2:45 on this one minute micro pull back and I'm selling on that move up to 260. so 5,000 shares quick twelve cents or whatever it is.

600 bucks next one down ASTC this one I jumped into at five dollars for the break over five average was actually 505. I was in a little high squeezes up to a high of 529 and I took some profit there on this little one-minute micro pullback. So I got in a little high for the break of the half dollar. next one down a CH V This one got a partial fill on this spike.

it didn't hold and I stopped out. lost 28 bucks. so I was getting in for the break of four dollars. That didn't happen ABI L all of these were on the scanners.

that's how I was finding them this one I Took my first trade on a micro pullback right in here around 36 30 and I made about 600 bucks and then I got back in right here and then I gave back the profit I stopped out so I went from being up 600 to down 350 on it. maybe held that second trade a little too long and SL I know I took three trades on this one and this is kind of that similar thing. it's a gapper and you know I thought it was gonna go and it just didn't go. It was just choppy in here.

So first trade I lost 500 bucks on and then I made back 500 and then I lost 600. So choppy choppy choppy. So today wasn't really my day you know was watching looking for opportunities but just really didn't see anything once we start getting closer to 10:30 I was thinking all right I better close up shop because you know the reality is if it's 10:15 10:30 and I'm only up $219 that right there is the rain on the windshield that's telling me slow down, you're not doing well today I'm happy with 200 bucks. I mean that's great but yesterday I made $13,000 so you know just tells me that the markets not quite on my side today.

I'm not seeing as much follow-through and it's better to step out then to get myself into trouble so you know. Following my own advice there, stepping out of the market walking away $15,000 you got to know. when to walk away. And obviously we come into the market every day looking for profit.

For me, $200 is not what I was looking for today I was looking for at least a thousand I was up a thousand and then I lost it on that last trade on a bi L right here. So that's all right. you know, had a little bit of a cushion to work with from yesterday and gave it a little bit of the profits from today back. but at this point in the month I still have to be conservative if I didn't have that big loss on on June First started the month of the horrible red day.

If I didn't have that first loss on June first, I'd be up $22,000 this month. And here's the deal. $22,000 would be my second worst month of the year. $22,000 for me is not a lot of money when I make one hundred and fifteen hundred twenty thousand on a good month.

So it's not been a great month I am in the green, but not by nearly as much as I would be if I hadn't taken that big loss on June 1st and and if the market was just a little bit stronger. second week of June or the first full week of June was very slow. Last week was very slow. This week things finally started to pick up a little bit, but I wasn't able to capitalize on it as much as I want to I missed na KD that any kid to use the only one I'm really disappointed that I missed I'm disappointed because I traded it.

Where's the day away? the big move I I traded it but then here it is. you know. But then I got stopped out and missed this nice this nice pop. now I mean it.

In hindsight, this isn't the cleanest looking move I've ever seen, but there were definitely some opportunities there and I just you know ended up not being able to get it because I was too aggressive on CL BS and that wouldn't stop me out. And then I was below my max loss anything below $5000 I'm done for the day. So oh well. the good news is I'm up fifteen grand on the week.

Life is good. summer's here so I'm just gonna enjoy it and not stress too much. So the accounts sitting right now at about eight seven thousand dollars. I took out twenty thousand earlier in the week to pay some bills.

so if I had left that twenty thousand in I'd be up back over a hundred grand and I'd be looking at taking out some money at this point. If I'm getting up over 100 grand, I'm gonna take some money out 100 grand. take some money out I don't really need the full eighty seven thousand dollars in there, but what you'll notice is that some of these stocks these ones all show 25 percent, 25 percent, 25 percent 25 percent. So that means I can use my margin this buying power this $346,000 I can use all of that on this stock so I could buy like 40,000 shares of it or something.

However, let's see, let's look at a couple others: Ren that's marginal so that's fine bo XL that one's not marginal. So this one I can only buy with my cash balance. So with 87 thousand dollars, I can buy like 15,000 shares of the stock so that's no issue there. But let's look at: GEVO G vote no.

that one's okay. let's look well. ABI L Actually a lot of these ones are okay. It's kind of surprised.

I am te would I lose my internet connection. what's going on here? Hmm, that's weird. These ones are both Marge and bolt well. so I guess that's interesting.

but in any case, you know if the luck of the draw what was it yesterday I'm xbi Oh see this one I didn't think was marginal yesterday because I got an error on it XP LS Well if you find stocks you know that require 100% cash balance then the problem is I if I draw my account down to let's say $40,000 I could draw this down to $40,000 give myself 50 grand. You know I could do that today would be at 37,000 tomorrow there on Monday But then if a stock comes up like Bo Excel or L.e.d.s you know, or well, whatever. this one's marginal again. but you know, stop a couple stocks come up that aren't marginal then I'm gonna have a problem where I'm gonna be unable to generate the profits that I want because I don't I don't have enough buying power So you know Gbr.

but this is. this is probably the best example. You know because I like to trade when I'm being aggressive with ten Fifteen thousand shares. so I need to be able to have enough money in my account by ten Fifteen thousand shares with cash just in case the big mover of the day happens to be on marginal restriction.

So you know you guys hear about sure trader doing that type of thing for sure. they put things on margin restriction, but so does Lightspeed. So do a lot of brokers. These are very limited, which the numbers that like to be does it on.

As you can see, very few are on margin restriction right now, but you know you will find them now and then and I don't want to take money out because then it could hinder my ability to make money CADC It was halted. There's the resumption. As you can see, high is now seven ninety. Look at that from five fifty up to seven ninety.

But here's the problem. that's a big spread. 675 by ninety Looks like it's gonna halt again here sometimes. And then if I'm an aggressive mood I'll buy into the first halt like this coming out of the first halt.

I'm not gonna do it on this one just because the volume is very light. only one hundred and seventy three thousand shares of volume. It's up sixty five percent. But the five cent tick is really the thing that makes it too hard for me.

I can't trade five Centex So now it's gonna be halted again because it just went up another ten percent. So let's see, the halt time is ten forty five. So the resumption should be ten fifty in 34 seconds unless it's a 10-minute halt and then it'll be ten fifty five and thirty four seconds. But you know you guys could watch for Sympathy Momentum Because what sometimes happens is when you see one stock do this type of move, the next one that hits the scanners.

traders are like I'm not I just missed the ad see I'm not going to miss this one and then they jump in that much quicker. right? Yeah, this. I Gotta figure out why this scanner is not working. Oh there it goes.

Okay, a little suspicious, but alright. why did it not show the first time? Hmm. very suspicious. Alright, well anyways, now it's on there.

Alright, so let's see. Yeah for Sympathy Momentum, that's the thing you'll sometimes notice. So CDC is strong. Are you gonna get another one that starts to take off because that one's strong? I Don't know Friday coming into 11 a.m.

coming into lunch? Maybe maybe not. PT ie. this one I don't really think so cuz it's a gap down reversal. So immediately traders are gonna be like mmm it's got resistance to the upside in might but I don't think it's gonna go parabolic.

Yeah I think yeah, but just keep an eye on the scanners. what I look for is the ones to hit in yellow, yellow, yellow, yellow. that's what I like. So you guys have access all of our warrior pro students to these same tools so you know you can see these stocks in real time.

Hitting the scanners, you can be getting in them before I Get them. get in them. You know if some of you guys are in CA DC right now and I'm sitting on the sidelines and it's not because I don't see it as a potential opportunity. it's just where I'm at on the week, where I'm at on the day.

I Don't feel like I can justify the risk of taking the trade, but you know that's just that's just the way it goes sometimes. So yeah, you some of them are gonna run without you. You're not gonna get every single one of them. but if you get a little bit of profit every single day, then you know the reality is you're doing something 9 out 10 traders haven't figured out to do how to do so.

You're really you're winning there if you're doing that. Alright, so anyways, that's about it for me here. I'm gonna let you guys go enjoy the afternoon, enjoy the weekend weekends here and we'll be back at it first thing Monday morning. Any of you guys who are going to the classes study up this weekend because the markets are picking back up.

We're seeing some some hot momentum CADC Me: It's just another example. Even though I'm not trading it, we've seen how many stocks have we seen this week go up more than 50 percent. I mean 10? 15? maybe 20? This is up 65 percent today. These are the type of stocks that are really giving us opportunities.

All right. So anyways, hope you guys have a great weekend and we'll be back at it first thing on Monday morning. Oh hey I didn't see you there while I was just working on the dream board for my next home run trade. Hopefully it comes soon.

Until then, make sure you subscribe to get email alerts anytime I Go live or upload new videos. Until then, happy surfing.