What's up everyone? All right? So here we are: Thursday Morning Another green day of trading. Finishing the day up $4,700 Life is good. It's about forty thousand dollars of profit in the last five days trading one hour a day. So today's one of those days.

However, where I was up about 6,000 and then I gave back about $1,500 on my last two trades. So I don't feel like I'm finishing on top of the world I Feel like you know I'm humbled a little bit. You know the market kind of gives you that little smack if you stay too long and that's what happened today. But four to seven hundred dollars is good.

Green is good. Today is a day where I'm crossing over six hundred and fifty thousand dollars in my account. I start with $583 eighteen months ago. cross six six hundred and fifty thousand dollars today.

that's a big day. I'm excited. Next up 700. K Alright, so I'm gonna break down the trades from today.

Hope you guys enjoy it. Any questions, any comments? leave them below. We'll come back and answer them later today. Okay, what's up everyone? Alright, so we're gonna do our midday market recap.

Go over the trades from this morning. Good. We are finishing today. another green day up.

four thousand, seven hundred, twenty three dollars, and ninety one cents. Life is good I'm happy with that. I was up six thousand earlier and I gave back about fifteen hundred dollars a profit. But you know what? $4,700 is a great day Puts me up about forty thousand dollars in the last week today.

I put in the wire transfer request with I'll put this up with Lightspeed and I'm taking out forty thousand dollars taking out the forty thousand dollars of profit I Just made them last week and I'm just gonna, you know, take it out I Like to do that because I don't want to leave all my profits just growing and growing and growing in this account because you know it. Just it feels real when you take it out and you see it land in your checking account. It's like there you go that I can now use to pay my bills at the end of June and beginning in July whatever. it just kind of gives me that cushion.

You know if I have extra money I can go reinvest it in mutual funds, long-term stuff, whatever. but it just makes it real. Take it out. So that means tomorrow my account will be around seven d actually be like 78,000 since I just made five almost five thousand dollars today.

So you know, whatever it does mean that if a stock like you know, Gb R or CEI both of these are on margin restriction and so what you see here is this little symbol that shows it says 100% 100% That means I can only use my equity balance to buy these stocks I can't use any of this buying power I've got almost half a million dollars in buying power, but I can't use any of it on these two stocks or this one also this third one. So that means on Gbr I can only take well. see. this is the thing.

It's a two dollars and fifty cents. So ten thousand shares is twenty five thousand bucks. So today I could have taken 40,000 shares. This is not holding me back at all to have you know just a hundred thousand.

but tomorrow when I have seventy thousand in the account, it means a stock like this. you know that's up around five or six dollars if it's at seven dollars. I take ten thousand shares. That's seventy thousand dollars.

So that's where I'm gonna start to get a little bit restricted if we happen to see stocks in the eight to twelve dollar price range that are really volatile and that are on margin restriction. you know then I might start to get a little restricted by not having as much cash in my account. But in any case, lately, we've been seeing most of the momentum on cheap stocks like CEI. So with this one, you know I could have bought almost hundred thousand shares of it today if I really wanted to.

So you know that's just kind of the the one disadvantage of taking money out. but I do think it's good to pay yourself, draw out that profit and also prevents you really from going super super aggressive on a stock that maybe you shouldn't be that aggressive on maybe I shouldn't take 20,000 shares of a twelve dollar stock, right? You know, maybe that's not a good idea. So taking the money out makes it so. I simply cannot do it.

So anyways, here we are: Forty Seven Hundred dollars. Green is good. The six thousand earlier this morning would have been a little bit better, but forty seven hundred is good. And yesterday I made thirty seven hundred.

So I'm making an extra thousand dollars versus yesterday, which is great. Today is the 117th trading day of the year and I am up right around three hundred and Ten thousand dollars this year. So remember last year: January 1st 2017 I Set out with a very small account 583 dollars and I wanted to prove that anyone can be a successful trader. Being a successful trader doesn't require a lot of money, doesn't require master's degree in finance, doesn't require you to have worked at a hedge fund for fifteen years.

It just requires you to attack the market with a consistent strategy. So starting with $583 I attack the market with a consistent strategy. Today that account is breaking over six hundred and Fifty thousand dollars. Six hundred, Fifty Thousand dollars in eighteen months.

Today's the day we break that level so that's awesome. That's pretty exciting and that means I've got three hundred Fifty thousand dollars to go before I break the 1 million dollar mark. So as I already mentioned earlier this morning in our midday order, a pre market analysis today 1:00 p.m. Eastern In less than two hours, we're hosting a totally free workshop for anyone that has the time and wants to show up.

We're gonna be teaching you the strategies that I used to take that 500 and turn it into six hundred Fifty thousand dollars. So I can teach you how to find the strongest stocks to trade, how to minimize your risk every single day. So you have small losers and big winners and how to find the right entry points by doing this on the first day with that small account I made a hundred and twenty four dollars and fifteen cents. That was day one.

Day two I made a hundred and eighty seven dollars. Day three I made one hundred and fifty Day four I made one hundred and fifty in four days I doubled the account I didn't do it by swinging for the fences I didn't do it by hitting home runs I did it by getting small winners, but by minimizing my risk on all those trades stocks like PE D that go from thirty cents to five dollars in or four dollars in the day and a half. Obviously, these types of moves are great, but it's not realistic for you to try to swing and get a stock where you're in a 50 Cent's and you sell it at four dollars. It just doesn't happen.

And you know any guru or anyone that says you know, follow me and buy this penny stock. You'll sell it tomorrow for double. That's just not gonna happen consistently. You're gonna end up buying it too high and you're probably gonna end up holding it.

you know, during drops like this and that's no fun. So you know the real secret to success is learning how to find stocks to trade totally on your own so you don't need me. You don't need newsletters, you don't need any guru alerts or anything like that. You can find them yourself.

So here the seven stocks I trade today that I found all by myself I didn't need anyone's help out well however I will say Ishmael you did call out chn are so good job on that one I'll give you a shout out you called out chn are at 250 it did come on my scanners but it came on my scanners at I think 252 and I bought it at 260 so you know you did call it out there just before I saw it on the scan. so really good job there. And maybe you're using a variation of the scanner with a slightly lower filter or something like that. but in any case, you can find these stocks on your own now.

Yeah, having a community to bounce ideas off of and all that stuff. That's great, but you don't want to be waiting for someone else to say bye to press the Buy button because what happens just in the latency between me saying bye that I'm getting in and by the time you get it was the waste. Some of these stocks trade by the time you're actually hearing it? I might have already sold my position before you're even hearing it right? I've had trades where in a matter of two seconds I'm in and I'm out because it's a breakout. So I'm basically taking that trade 100% by myself.

My time, you guys hear it. I've already sold my position. So if you're waiting to follow me, waiting for me to say bias just doesn't work. It's okay when you're learning and you're practicing in the simulator and getting a sense of you know what stocks are moving and stuff like that.

But when it's time to trade with real money and money's on the line, you want to be able to find these on your own. So how did we find these seven stocks this morning? All right. Well, we start every single day same as always by looking at our Gap scanner. So the scanner right here, which we'll talk about in the workshop.

This will help you find stocks they're gonna gap up open more than 5% versus yesterday's close. All right. So we're gonna do historical date and time on this Nine Twelve. That's fine.

So at Nine twelve this morning, this is what I was looking at. These were the stocks that were on my watch list. These were stocks in the entire stock market that were gapping up more than 5% You can see it's a it's There's a few on here, but what we've just done is we've filtered from potentially you know, 15,000 stocks to trade down to about 30 or 40. All right, and we're gonna focus on pretty much the top ten leading gapper as Gbr notice.

I've got almost $2,000 of profit on Gbr. I Found it right here at 9:15 this morning. Okay, so I found it really early on. Alright, so Gbr, let's pull up that one and reminder for those of you guys that want to register for this workshop.

Maybe you're watching this on Youtube later this afternoon this evening. Maybe your while Facebook latest afternoon later this evening, the live workshop has already happened. You can register for one of the next ones. All right.

So we'll update the link here below. We will host an Encore Workshop for those of you that that miss it All right, Just so. heads up, don't feel bad if you did miss the one today. I Will host an Encore All right.

So GBR pre-market high of 368 the bell rings and it sells off a little bit so I'm not really sure about it I'm waiting and then I decided to take a red to green move. so the hide the first candle was 340 and the low is down here at about 285 as it starts to curl up. I Jumped in right here for the break over 3:30 it spikes up to a high of 360 and that's where I'm selling I was anticipating the break of 340 by adding it 335 the high of this level here as I saw volume coming in. That's what got me excited.

So I'm adding it 335, adding it 340, adding it 350, selling it 355, and then stopping out of the rest as it comes back down. This was not a homerun trade, but it was a winner with 10,000 shares. So actually it might have been even more than that. I traded a good number of shares on all of these stocks.

8gb RGB are 15,000 shares. so these are between buying and selling. they counted as shares traded both when you buy them when you sell. So 15,000 shares total.

So I remember yesterday and earlier in the week I was saying guys, I'm gonna be stepping up my share size this week because we're seeing hot momentum I'm gonna be more aggressive last week and the week before I was pretty much topped out at 5,000 to 7,000 shares. but now I'm stepping it up being a little more aggressive. So Gbr right off the watch list and the entry on this was a red to green move. Okay, so getting in for the break the pre-market highs, it ended up not holding that level, which is kind of disappointing.

Second stock was PE d now PE d We're watching for continuation because yesterday it made this big move and so this morning right out of the gates I was a little bit iffy on it I didn't sure I wasn't sure I was gonna be able to trust it but it pops up and it squeezes up towards 4:40 and so I jumped in it right here for the break. this is a one Micro pull back the break over 440. it hit 444 and then it just kind of chopped around, it dropped and came back up and I sold it basically break even for a $35 profit with 7500 shares. so 15,000 shares total traded I bought 7,500 and then I sold 7,500 Alright so God in that got out of that so really nothing there for me for profit on PE d Alright so also on the scanners this morning with CEI at 72 cents you can see actually lost $1,100 on it.

This trade is kind of disappointing because where I got in it I was waiting for it to start to open up I wanted to see it starting to open up right here and so as it started to break over this pre market high, it squeezed up to a high of 43 right here and it was halted on a 5-minute circuit-breaker haul. So hits 43. It's halted on a 5-minute circuit-breaker halt and my feeling on that was okay. as soon as it comes out of the halt, I'm a buyer and I'm gonna want to jump in.

it comes out of the halt and I jump in at 145 and 150. I now have 10,000 shares with a cost basis of 152. it squeezes up to 159 and it gets halted again. Alright, so I'm like ok, this is awesome.

It comes out of that halt and I add 5,000 shares at 175 and now I have 15,000 shares at 159 average. So my new cost basis is 159 right here with 15,000 shares, so 159 to 180, that's 3000 dollars of profit. It tapped 180 I was looking for it to hit $2 and potentially get a 3rd circuit breaker haul and it didn't It immediately reversed, caught me a little off guard. it dropped down here and was halted going down at 151.

So instantly I went from being up 20 cents to being down. oh sorry I see the video is kind of covering that. sorry about that guys. So instantly I went from being up 50 cents to down sorry, up 20 cents to down 10 cents as it dropped right here, it resumed from the halt and it curled back up and I sold it for like I don't know, five or six, seven, seven, seven loss or something like that.

So I lost $1,100 on that I had unrealized profit of three thousand and I gave it up looking for a little bit of a bigger win and you know that it is what it is. So I was out of it and then it ended up selling off and coming even lower. So on that one you know I I pushed it a little too hard I thought it was gonna really take off a little bit more and unfortunately I was I was wrong on that so gave back a little bit of profit on that one. but by that time of course I was already well in the green on the day.

So let's go back on the hide. a. Momentum Scanner: 9:30 the bell rings peds on the scans PE dped B RN hits the scanners b RN only twice and then let's see PE d did you do so? I'm waiting for the next stock to hit the scanners I'm just watching it watching peds hitting the scans but I felt like I didn't want to chase it. then boom USCG Look at this.

It hits. Boom boom boom boom boom boom boom. I added with a cost basis of 156 USCG Hits the scanners first at 135 and remember the guys, if you're using this same tool that I'm using, you can find these stocks the moment that I'm seeing them, you and I are seeing them at the same second. If you decide to buy at the same time as me, that's fine.

If you buy before me, that's fine if you buy it after me for whatever reason, that's okay - it's your choice, but you're seeing it at the same time. So USCG right there. So I jump in it as I see it starting to spike up. I get in at 156.

that was my average and it pops up to a high of 183 and is halted for 10 minutes on a circuit breaker. It resumes higher and hits 195. So with I think I had 12,000 shares I'm up. You know, whatever.

almost $5,000 or something like that? No, no, no, sorry I only had 7,500 shares when I go back at this USCG yeah I had 7500 shares I I didn't have the big position on that one. so 7,500 shares it. It starts to curl and and and turn it roll over and so I sell as it's coming back down. And this was kind of the first red flag of the day.

A stock goes from a dollar fifty to two dollars and then it comes all the way back down and so it kind of felt like hmm. you know that's a little concerning that we're not seeing continuation, just this pop. And then you know this: Drop this faith. so you know when we see that type of thing happened, it always makes me little nervous.

This obviously shows opportunity, both long or short. There's volatility, but I want to see a little bit more strength than that, so that's not what I liked to answer your question: a circuit breaker Hall is a mechanism the market uses to reduce volatility. If a stock moves more than 10 percent during the market hours of 9:45 - to 3:45 the stock will be halted for up to 5 up to 10 minutes while stocks. while while share hold, while traders have time to circulate what's going on and kind of pause for a moment.

This was put in place after the flash crash to prevent stocks from just dropping 50 percent in five minutes, right? So it stops all trading after a drop of more than 10 percent. Now, in the first 15 minutes, those circuit breaker thresholds are doubled to accommodate the high levels of volatility we see at the open and at the close. So in this case, the volatility bands are closer to 20% All right. So it goes up 20% in basically less than five minutes, and it's halted on a ten-minute long circuit breaker.

it ends up coming back down. So that was a little bit disappointing there. I was still able to make money on it, but I was very disappointed that didn't continue over $2 My next trade was GPR As you see, it's on the scanners here and I did take a trade on a SNS but not just there I waited a little while CEI is on the scanners USCG resumes hits 190 Arcon another one hits the scanners, it pops up, doesn't hold it to levels and ends up coming back down. Jagex The scanners pops up and then comes all the way back down.

So we're seeing a lot of these types of moves and I after the first one on CH on USCG I was a little hesitant. A couple other stocks on the scanners to do this is how I'm finding stocks and I just I choose them. not just because they're on the scanner, but I choose them because I I want to find the right pullback I want to get pullback entries because that for me is the safest place to get in. So CH NR Alright, this one hits the scanners and when I first saw it, I was like okay number one China stock China stocks have been really strong in the last week.

We've got this pretty good daily chart and as I saw it starting to pop up, I was like okay, I'm gonna jump in this so I jumped in at a dollar sixty a dollar, seventy-five a dollar eighty sorry to 60 to 75 to 80 and adding it to 95 for the break of three dollars. So I'm adding as it's going up I have 15,000 shares of the stock with a cost basis of 275. All right. It gets halted on a circuit breaker, it resumes higher, it resumes, and it taps 315 and I actually added at 315 thinking it was going to continue higher and then it immediately reversed and came down like this and I had to stop out at 290.

So I made on this one $2,000 A nice winner but very disappointed. it came down and as you can see, it came all the way back down just like USCG So now we're seeing a couple of stocks, three or four that are doing these you know, pop ups and drops. I'm noticing that there's certainly opportunity to profit, but it's getting a little. Those windows are getting smaller and smaller and smaller as short sellers are thinking.

I'm going to short this sooner and sooner and sooner because we keep seeing them drop back down. So the last one I traded was XP LR and this is the one that ended up getting me I mean it popped up and immediately came back down right here and I lost 500 bucks on it. All right? So I jumped in for I think it was four. yeah it was four and I stopped out like 360 so that was disappointing.

That was the beginning of things turning around for me. and then I lost another thousand bucks on CEI that small trade on a SNS this one I got into. Let's see right here that level is. it was curling back up right here I jumped in at 675 and I sold it at $7 I Ended up hitting a high of 739 but a small winner because I only filled 209 shares so very small order a SMS on the scanners again now dropping going down getting halted on a circuit breaker.

So today I would say yesterday I said the market was choppy because I lost $3,000 on my very first trade today. I would say the markets also choppy I'm greening but we're seeing a lot of this kind of pop and drop action. We're not seeing a lot of really good follow-through and that is making me pretty nervous. so I'm gonna make a note to myself that tomorrow Friday I'm gonna bring down the share size a little bit.

Number one, it's the it's Friday, number two is the last day of the month and number three. Even though we've seen a lot of really great opportunities this week and in the last seven days, I'm at $40,000 Today and yesterday things have started to get a little choppy and those false breakouts and those pop and drop type of moves are making me a little uncomfortable. I'm worried that I'm gonna get into one of them with 15,000 shares and then it's gonna drop 30 cents. So I'm gonna lose 4500 bucks just like that.

So I got to start reducing my share size so if I do get caught in one of those, the losses are gonna be a little smaller. Xpl are actually only took 5,000 shares of thank goodness because that was a really bad drop. So I at this point in the day I'd already I was already up 6,000 on these five trades so I was like okay I'm gonna ease up share size and then you know that was good because I ended up losing on that one and then losing on that one. So my last two trades of the day, we're losers and that's kind of how the market keeps you humble because even though you know I'm I'm up four thousand dollars today, almost five thousand dollars I'm I'm ending by getting like a little bit of a kick from the market you know I gave back fifteen hundred bucks.

so it's like I'm not ending feeling like I'm on top of the world an amazing day I'm ending like you know it's a good day I was up 6,000 now I'm up to 4,700 I pushed my luck, gave back a little profit tomorrow I Got to be a little more disciplined so you know that's not a bad thing. It keeps you sharp Now one of the hardest things for me is that right now I'm up 4,700 bucks and I keep thinking I Can't help but think geez, it would be really nice to be back up 6,000 It's always nice to walk away when you're on top of the world. you know, walk away when you are at your highs and so that's a problem because it can convince you to keep trading because I'll think you know what I'll just jump in CEI here, whatever and 10,000 shares I'll make back 1,500 bucks before you know it, right. and then next thing you know, you're selling it for a fifteen hundred dollar loss and then you do it again and you do it again.

And next thing you know, you went from being up 6,000 to being up 500 bucks. You know you can literally give it all back and and that's what you don't want to do. You know you have to just have that sense of discipline where at a certain point you say alright, you know what if I'm not seeing the follow through I'm just gonna walk away. and so today, walking away with forty seven hundred dollars, I'm not gonna try to fight it I'm just gonna take my profit and be happy with that.

You know? And and I think that's that's the right move I did trade quite a bit today. You can see 71 executions, a hundred and sixty thousand shares traded. just about so I was. It's pretty aggressive.

Commissions are gonna be higher as a result, but you know it's just it. seems like the last week has definitely been a good time to be more aggressive just because we've been seeing so much follow-through right? So for right now, I'll be happy with the forty-seven hundred dollars and really turning around the month of June and we'll see what we can do tomorrow to finish up this month. Alright, so I remember 1 p.m. Eastern Today we're gonna be hosting this workshop I'm looking forward to it.

So those of you who are in the chat room you can see the link to register in the description or in the announcements. Those of you watching Facebook live right now you still have time to register for the webinar at 1:00 Those of you watching this on YouTube later this afternoon or this evening, you will have you know if it's after 1 P.m. the workshop will have already started, so you'll probably miss it, but we will host an encore so you can certainly register. Click the link below to either download our copy of our free ebook which I'll be getting everyone at the end of the workshop today.

Alright, so that's about it for me I Hope you guys have a great afternoon and we'll be back at it first thing tomorrow morning 9:15 9, 9:30 for pre market analysis. All right I'll see you guys in the morning if you're still watching. You must have really enjoyed that video. so why not subscribe and get email alerts any time? I upload new content.

Remember when you subscribe, you become a member of the Warrior Trading family.