What's up everyone? All right. So here we are, finishing today up 7,500 bucks. Another great day of trading. Overall, we'll break it down: the midday recap.

There were some ups, some downs: I was up over $11,000 at my kind of high-water mark today and I gave back a little bit of that, which is a little disappointing. The market always has a way of humbling you because even with 7,500 dollars a profit I have that feeling of I could have done better. So I'm gonna try to do better tomorrow and just keep always trying to do a little bit better. That's kind of.

You know, the way it is in this career. you just always want to get better because once you're at even $15,000 on good days, you'll think I could do better twenty once you're at 20 or think I could do better 25 and it's almost as competition in yourself to do is. but as good as you can and you know when you have that dry just keep getting better and better The profits they follow three hundred fifty thousand dollars already this year. the profits are looking pretty good so I'm feeling good about that and we'll break it all down in the mid day.

Marco Recap What's up everybody? Alright, so time for our midday market recap. Breaking down the trades from today, another: Green Day Finishing the day up seven thousand, five hundred, twenty three dollars and two cents. And on the surface you'd say dang, Ross that's a great day Now there's seven thousand, five hundred bucks and I'm looking at it thinking it's okay but I was up 11,500 earlier today and I lost three grand and so I went to I went to chiropractor which is like down the street. so I walked over there grab some lunch, coming back and the whole time I'm thinking man, what is wrong with me You know I had a great day at ten thousand dollar a day and then you know I gave back three thousand bucks.

So frustrating. You know why couldn't I have just walked away? Why did I decide to up the risk and get more aggressive? You know this is this is typical Ross behavior and you know so this is the market you know working its magic magic again despite the fact that I'm up seven thousand five hundred bucks I find a way to feel bad about it. Maybe that's not the market. Maybe that's me.

Maybe that's my problem. but you know I was walking in I was thinking you know what was like thinking $7,500 is that good I'm thinking it's not enough, It's never enough. And I'm thinking about the that movie all The Money In the World. When he's you know they're like you've got you.

you the richest man in the world. You know what do you mean you can't give more money to and you know, whatever. Give some money for this kidnapper and how much is enough? It's never enough. You know it's not enough and it just kind of reminds me of that that kind of mentality the you know the there will be blood, there's a whole ocean of oil under our feet and you know it's like just wanting to do better and that drive I have it in me like I want to do better I'm not happy with seven 500 bucks I because I was up 11,000 and you know I pushed it but at the same time I'm gonna step back.

you know once I get away from my computers and I'm kind of walking down. you know, the street and stuff like that. It's kind of like, all right. What the Sun hit me all right.

You know what? $7,500 this is actually pretty good. I can give myself a pat on the back because this is a great day and I'm up 32,000 dollars on the month right now which is a it's a great month I know that I'm my own, you know, kind of I'm just I'm so competitive with myself I I always want to do better and and that's good. That's why I'm where I'm at. That's why I've gotten to this point where instead of being up seven hundred dollars and being super super happy and being like I don't even need to keep working harder I kept pushing and I kept trying to get better and get better.

and I'm at seventy-five hundred dollars today and I want to get better when I'm at $15,000 I'm gonna want to get better because that's the type of person that I am I'm kind of. I mean it's it's sort of perfectionist, but it's more competitive I'll make a competitive sport out of anything. We're setting up chairs in the office and I'm like, all right guys, you can set up their chair the fastest, use your time and it you know if my wife wants me to get out of the house, it's like Brasi see how fast you can get dressed. Boom I get dressed in 30 seconds flat.

So it's you know, just the way I am. But today we you know you can see the names on the radar here: MDG s Co Da and Cali these are the three stocks Kali's the one that I'm upset about because I I was up on it $3,000 or 2800 and now I'm red on that name. But let's start with MD GS Okay, so today, no different from any other day. We start by looking at the Gap scanner and what's awesome about today is that the Gap scanner led us to two great opportunities.

So what I'm going to do is I'm going to run this his soups I'm gonna do historical date just gotta run 9:15 A.m. All right. So 9:15 A.m. So this is our Gap scanner.

We've got MD GS on there as our leading Gap room. We've got coda on there. Co Da is our second leading gapper. so these are the two that we're watching in the entire market.

These were the two stocks opening a pre market that were up the most. So with coat with MDG well well get cooked know we'll look at him to Jesper Okay, so with MD GS this one had a pre market high of $7.80 and the catalyst was that it was a reverse split. All right. So remember with reverse splits when a stock does this, what they're doing typically is they're trying to maintain compliance with the exchange.

because to be listed on a national exchange, your stock price has to remain over $1 $1 per share. So anytime your stock is near $1 or below $1 you could get a delisting notice. The company could get this that they need to either get their price higher or they do a reverse split. So when they do a reverse split, let's say yesterday and I don't remember what this was I think it was it says some one to four on E signal but he signals not always right here.

So let's just say for for the simplicity of math that it was a ten to one reverse split. and let's just say for instance that the stock was 70 cents yesterday. If yesterday it was 70 cents and you're holding 10,000 shares, you've got seven thousand dollars in the position. All right, Seven thousand dollars.

Okay, now they do the ten to one reverse flip. It goes from 70 cents yesterday to $7 today. So holy Cow. 10,000 shares? You're now up $70,000 Nope, not true.

Now you're holding only a thousand shares and your new cost basis instead of being 70 cents is $7 So the next day you look and you're like wait a second and then you realize, Okay, it did a reverse split. My position is a thousand shares and said ten thousand and the price is seven dollars and seven instead seventy cents. But think about that. The company has a float of let's say a hundred million shares and they do attend to one reverse split the next day.

The floats only 10 million because everyone had to change change their shares as the price went up. So what about when a stock has a 10 million share flow and we do attended one for a reverse split. Now their floats only a million. What if they have a five million share flow, right? The floats can get crazy crazy low which is the level of supply.

Now when we say the float is 10 million shares, in this case, the float was list is at 3.8 million shares. That's all the shares available. So for all we know, there could be a couple of investors that are holding 500,000 shares or 700,000 shares that aren't that are holding them long-term So that makes the actual float even lower. Because the actual flows.

The number of shares that are available to trade that we can actually buy and sell. So when you have a big investor, you know take a big position that he's locking up or she's locking up a good number of shares. So M Dgs does a reverse split. It's a stock that was on our radar a couple days ago cuz it did make a big move.

You can see it went up a hundred percent in one day. so you know I was like okay, this is worth watching I'm gonna watch it over 650 and so the bell rings and I had my orders ready to go at $7 right before the bell rang. it pops up here to 7 to 667 and I was like hmm 667 it's already starting to move higher. The bell rings and I take it and it immediately starts to move and I'm like yep, I'm jumping in this so I get in at 678 I add at 694 I try to add more 696 it breaks over $7 I add more at 7:23 and now I'm up about 60 cents on like almost 10,000 shares like 8 9 thousand shares so 60 cents on 9,000 Sherriff's that's $6,000 right? So I'm like okay, I'm gonna do the smart thing which is to start to take some profit.

this is 10 seconds into the day I'm taking some profit at 7:55 I'm not even really I like I guess I was like okay, maybe this stock will halt, but it's not. It's been a while since we saw a stock where the bell rang. it squeezed up and then it got halted right away. But that's exactly what happened.

It got halted at 7:55 and I couldn't tell it was going to get halted. Otherwise, I would have held the whole thing. I I would have been adding but I started to sell and then all of a sudden I saw it was starting to get halted and so I put out my order to add but it didn't get filled and or maybe at that point it just didn't didn't go through at all. So I take a little profit and now at this point I'm holding 1200 shares.

So I'm already up four thousand dollars in what's that? ten seconds which is ridiculous and now I'm holding it. Alright, so you can see here, it squeezes up to a high of 756 and then what do we know about stocks that hauls going up? They halt going up and they usually open higher. Okay, so it does open higher. It opens at eight dollars and forty cents.

Almost a dollar higher. That right. There's an instant 10% It pulls back for a second and as it surges back up, I'm adding I'm adding here at $8 I'm adding it. Let's see.

No, no, sorry, that's coda. I'm like wait a second that doesn't add up. This halted Halted. Halted.

Okay, so I'm adding at 8:46 I then sell just under nine bucks at seventy-five I add at 880 in 887 I sell at 9:12 but only a hundred and fifty five shares I got a partial fill and then I sell coming down at 898, 894, 899 and the last of it, it looks like 896 and 828. So right there in that trade I made about eight thousand dollars just like that. This was a gap and go trade straight off the watchlist, right? So guys, it doesn't get easier than this. This was an easy stock to find.

The entry was simple, it was straightforward and it was a big winner now. I made $8,000 I Saw a Jacob in the room. He made $15,000 We had another trader in the room this morning made $48,000 on em Dgs Kota and what was the third one? Akali So the amount of money you can make is relative to your account size. Ultimately, that's what it's about.

it's it's how willing are you to take a risk Kota I Took a couple trades on it actually I took just one trade as it curled up here to break over $8 It started to curl up right here for a red to green move. So I jumped in. It hits a high of 844 and then comes back down and they end up getting out for only half a penny profit on 5000 shares. so that was basically a scratch trade.

Alright, Next trade was Callie. Callie's on the scanners. it pops up and initially I'm like hmm I don't know if I trust it. We've traded the stock in the past.

It hasn't been the easiest, but I'll take a starter if it breaks over 290. So this right here was a one-minute micro pullback right there. so it breaks over 290 and I add on Cali at $3 a little at 304 and I added 310. Okay, so a nice little scalp there on Kali and I'm selling at 318.

Nice quick $500 a profit. So nice little easy trade there, you know, No no stress really. just jumped in, pops up to 323, it then pulls back for a period. it's going kind of sideways and I'm like, all right, you know I don't know Cali maybe it's dead, it's done, but then it starts to open up, it starts to squeeze back up, it pops up, goes to 340, it pulls back, it's holding, it's moving average and then it comes up here and this is where I jump back in.

this was at and this is where things get disappointing for me. I Got back in at 3 dollars and 45 cents with 7,500 shares. it popped up to 350 and then it dropped down and so I ended up selling half of it breakeven and the rest of it breakeven and then the rest of it for a very small profit. This ended up being like a $200 maybe $100 winner.

Very small profit. It then shows strength I add back at 360 I sell at 360 too because when I added back at 360, it dropped all the way down here to 341 and I was down a thousand bucks. Then it curls back up and I get out breakeven and then Boom! it breaks 365 and look at what happens. It goes from 365 all the way up to $5 How crazy is that? So I add back at 360 and then I add more at 386 and 395.

Here was the moment of truth: There was a hidden cellar right at $4 right here. it tapped it, pulled back, tapped it again, pulled back, and then it broke over that level. And when it broke four, that's when I decided to get a little more aggressive. I added in 98 and then I'm adding for the break over for right there, adding at 99 and then selling at 409, 402 adding back at 410, selling at 416, adding back at 424, selling at 436, adding back at 437, selling at 4:40 scalping it, selling a little bit more at 460, scalping the breakout.

So here I go from being up nine thousand on the day to being up ten thousand, then being up eleven thousand dollars and then I made my mistake I added way up here for the break of five dollars I thought it would break five dollars I Can't believe this didn't get halted on a circuit breaker. It made this huge move without halting which is again, everything you know about the circuit breaker rules. Throw it out the window because sometimes it works and sometimes it doesn't That's it's just so confusing so no halts on this one. I Thought it would squeeze over five dollars get halted.

So I added up there and then I lost about a thousand bucks. So I went from being up ten thousand five hundred on the data up only tenth out I went from being up eleven thousand five hundred to being up only ten thousand five hundred. Alright, I then get back in I add back in 86 and then I stopped out at 55 I then got back in one more time at seventy-seven and I stopped out at thirty six and on that one I lost about two thousand bucks. Oh, this was the last one.

sorry adding at sixty. this was right here as it starts to curl back up. I got back in at sixty, added in ad added at ninety. was looking for the break over five dollars and it dropped.

didn't happen. came back down and stopped out. So disappointing. I went from being up three thousand dollars on the name to being down eight hundred bucks I My luck I feel a little too close to the Sun I mean you know the thing is, you just, you just never know I mean this could have just as easily broken five and taken off.

The smart thing to do would have been to reduce my share size. I gave back all of the profit from this trade here. You know in this loss here and then that was a little bit of a it was a little bit of a rookie mistake on the one hand. on the other hand, you know it was.

It was me taking some of a good day and trying to turn it into a possible $20,000 a day and that could have happened. I mean I've had that happen enough times where today really could have gone either way and it just unfortunately when went this way. So I gave back about 25 percent of my profit today taking a little bit of risk up here. but I'm still up seven thousand, five hundred, twenty three dollars on the day which is awesome.

Tomorrow the accounts gonna be close to ten to 110 thousand dollars. which means it's almost time for me to give myself a little paycheck and I'm up 32,000 on the month. You know we've still got two and a half full weeks of trading. I mean this Still, you know.

I'm in really good shape this month and I think it was okay to be a little aggressive. So sitting at six hundred eighty three thousand since I started this account with less than six hundred bucks, six hundred dollars to six hundred eighty three thousand dollars right now, that's that's a pretty pretty crazy run. So you know, in order to get those types of returns, you guys step up to the plate. You got to be a little aggressive and I still think we're in the market to be aggressive I just maybe pushed it a little too hard on on Kali So you know I was up eighty three hundred before I even touched Kali and ending up.

you know, giving back a hundred bucks on that plus commissions. Yeah, you know, like I said, I could have done better and I'm always gonna try to do better. So I'm gonna try to do a little bit better tomorrow. a little bit better the next day and you know let's see where I'm at.

Six months from now. you know, a year from now, you know I'm in this for the long haul. so I Just this is a marathon I Just want to keep getting better and better. Learn from the mistakes.

but it doesn't mean I won't have losses. losses are part of trading. It's unavoidable. It's just a matter of managing your risk.

and you know your appetite for risk is going to vary from, you know, a month-to-month and certainly from person-to-person So anyways, that's about it for me. I Hope you guys did well today, made some good money and we'll be back at it first thing tomorrow morning. All right, I'll see you guys back in the chat room tomorrow morning if you're still watching. You must have really enjoyed that video.

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