What's up everyone? Alright, so today is, well, Ii basically flat day in a row up $129.90 although remember on Friday I only made twenty nine dollars and then we had the Uber IPO right around noontime and I made eight hundred and seventy dollars on that. So I actually finished the day on Friday up about nine hundred which was certainly better than Twenty nine. and today, well, we don't have any IPOs so there's nothing's going to be trading in the afternoon, so we'll just be 100 $29.98 and just kind of another, you know, small day. The Gap scanner didn't really pay off, nothing really strong there.

hi do. Momentum scanner also didn't really get any action there. so you know, a couple days here, kind of, you know, Choppy Waters which is okay, you know, reducing the risk, scaling back a little bit now I Want to watch and wait and see if something really starts to take off? Maybe tomorrow morning we got a great Gap scanner. a stock that has some, you know, good news.

good float:right price, everything else. Maybe we've got some sympathy. Momentum off the hide a Momentum scanner and just like that, things can change, but the last two days have been a little slow so I'm gonna be cautious. You know, being up well right now, just about fifty thousand dollars on the month I've got a cushion I can sit tight I can wait and then when I see that a quality set up I'll be aggressive on it.

try to capitalize, have a good win and you know a couple days like that it's gonna put me up 65 75, 85 thousand dollars on the month before I know. So sitting tight, being patient is absolutely the right thing to do right now and we'll see how things look tomorrow morning. As always, any questions, any comments on today's recap? leave those below I'll come back and answer this afternoon and I'll see you all first thing tomorrow morning. All right everyone.

So um, we're gonna do our midday market recap here or the trades from this morning today. Kind of a little bit of a boring day, a little bit of a slow day. Only ended up finishing with one hundred Twenty Nine dollars and 98 cents of profit, which gets rounded up here with Lightspeed to a hundred and thirty. But One Twenty Nine Ninety Eight is what it is right down there and you know it's always important to know when to put the pedal to the metal, when to be aggressive, and when to slow down and and just kind of sit tight.

And so today I slowed down a little bit opt T I was aggressive right out of the gates I tried to scalp this well and I did scalp it here from 275 up to a high of a dollar. Eighty four I only made two hundred eighty dollars though because it didn't hold up and then I got back in right here for the first five minute Campbell to make a new high and it failed and I lost 130 dollars or 150 now I kept the risk on the second trade pretty small because I knew three doji's in a row. Here on the five-minute chart was not the strongest five-minute pattern of course. high read volume as well.

So you know I took a little bit of risk on that second trade, didn't work and and got right out pretty quickly. As I said pre market and mentioned to a bunch you guys my focus right now for the most part has been to wait for a quality set ups to hit the high a day momentum scanner and when they do, you know that's what I'm gonna jump on and and try to be aggressive with, but today we didn't have anything we hit that looks really good. Our leading gapper, Opt T, you know that was the first one that hit prices under 10, floated less than a million shares already up 22% with news. However, you know Opt T had a great chart here from 338 to 756.

a nice window, but it wasn't able to get into that window number one, so that was a problem and and number two, the stock sort of like Led S at this point is kind of getting overdone. It seems like every time at this point that it's popping up and now after today I would say this kind of. Officially it's just failing and fading and so it's gonna take a lot for this one to get. you know to turn around and really start to open up and have some big days and so I'm probably not going to be as aggressive on it the next times we see it I hit the scanners.

this one's just kind of getting getting overplayed. So so anyway says that's Opt T and a couple other socks at the scanners but with light volume you know and nothing particularly exciting Mara hit the scanner but is up mostly because of Bitcoin It was right at the 200 moving average here at a dollar 27 as it hit that level I Didn't really want to buy into the 200, but it did end up breaking and grinding a little higher. As of right now it's up 19% and maybe it, you know, keeps going, but it just wasn't the absolute perfect setup. and you know I am kind of being a little picky I'm already up.

You know, close to $50,000 on the month I can afford to be picky? You know? for me it's like I'm gonna trade with 10,000 or even 15,000 shares. you know I want to have the potential to be making 2530, maybe maybe even 50 cents per share. You know that would be obviously really nice. 50 cents a share with 10,000 shares is $5000 and I didn't see anything today that I really felt gave me that opportunity.

opt T was a maybe out of the gates if it broke 280, squeezed up to three and then 336 daily level that one was a possibility I thought given how much I had moved pre market you know we might see that but but then we didn't so just kind of decide to play it. decided to play it a little bit safer and not get aggressive on things like Maura or Bo XL which I just didn't think had a lot of potential. Now certainly in some markets you have to kind of switch your focus from trying to hit homeruns to just trying to get a couple base hits just to keep your head above water. but since my head's already well well above water being above my monthly goal I Kind of feel like right now it's okay for me to be a little patient and exercise that that extra caution and just focus on a quality set ups.

And if I don't see something that you know for me is a quality meaning it has the potential to move 20 or 30 percent. You know sitting tight is maybe best you know in the overall market obviously is down Dow Jones down five in our points but you know we really looked more at the Sp500 which is you know gap down is kind of turning around a little bit right now. Coming down to the support of the 200 moving average is not a bad thing at all honestly and this would be a for me. You know a place where I like to add money I usually like to add money into the overall market when it's near the 200 kind of just for me feels like a good safe place to put money in.

You know? Obviously this was a strong drop and you know isn't great, but you know we got back up above it. Then this was the first pullback. You know this was a small one that wasn't enough and now this will be a deeper pullback so you'll likely see a good amount of institutional buying around the 200 you know, so we'll see as the market comes back down to that level if if if things get bought up and this is kind of been my strategy for the last several years, even going back well further than the 200 will go just when the market comes down to 200 I put a little bit of money away for retirement and then you know that's generally kind of been a an okay spot to do it again when you put money away for the next 20 years, ultimately 20 years from now. When you put it in right here, you put it in right here.

Probably doesn't really matter, so monthly cost base averaging as well. A lot of people would just recommend you. Do you know, put $500 away every month? don't even look at the price, just put it away and you know, 20 years from now you're obviously you know gonna be fine because of compound interest, but in any case it's hard to separate long term from what you do everyday and what you're looking at every day and feeling like you just put you know a ton of money in. let's say you know whatever's relative to you way up here and then things drop and it can be a little bit tough.

but in any case overall market being down and might weigh a little bit on small caps they don't usually have. They're not usually tight as closely the overall market so probably not too much of an issue there. But at this point and you know I'll just put today in the days you know a small green day but basically nothing I'd You know be excited about my one trade on Opt tea or two trades and you know live to trade another day. I didn't want to, you know, hang my hang my hat on anything today or try to put all my eggs in the basket.

Opt Tea just was a little cautious, didn't get the follow through one and step back and you know reevaluate tomorrow be keeping a really close eye on a high day. Momo Scanner tomorrow. Didn't really have anything today that was picture-perfect We keeping a close eye on the Gap scanner tomorrow. we'll see if we get something that looks a little bit better, but you know at this point I'm yeah I just don't really have super high expectations.

So yeah, that last trade I got into was right here 76, 77 on opt T that's got in for the break of 78 right here. Expecting first five-minute camel to make a new high would give us an immediate break of eighty. it didn't hit a high of 79. got right back out of it as soon as you couldn't break 80 and I saw a big wall of sellers I Started, you know, selling trying to unwind the position, selling some on the ass, not getting Phil than hitting the bid so you can see this was an order to sell some on the ask, didn't get filled, switched and hit the bed I Always use hidden orders when I'm trying to sell like a big block of shares.

I don't like to just have it be visible. so I'll do a hidden order if it's a nine thousand share. That way you don't see nine thousand shares right here on the ask. Usually when you trade with bigger size, you want to utilize the ability to hide your shares because you know the reality is if I look at a stock and I see here's a seventeen thousand share buyer I see a seventeen thousand share seller I'm gonna be like wow, you know I'm gonna hold off for a second I'm gonna be a little cautious so you know it's one of those things where not wanting to tip your hand or tip your hat to the market, tip your hand.

I guess is sort of the the general rule of thumb and so that's why we have this ability to hide shares if we want. So anyways, yeah, just not a lot of follow-through today. It's okay, live to trade another day. Be back at it first thing tomorrow.

Alright everyone I'll see you guys bright and early. 9:15 premark analysis. Hopefully we have a couple good stocks on the scanner. tomorrow.

we can make a little bit more progress than then we made today. Alright, I'll see you all 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.