What's up, Everyone we did it. 2017 is in the books. Today is the last trading day of the year. It's my 236 day of 2017.

What a year it has been. We're gonna get into the midday market recap: I'm finishing today with another four thousand, one hundred and fourteen dollars. but before we do. I Just wanted to thank you guys.

Every single one of you you're on! YouTube you're on! Facebook You guys are part of the extended warrior trading family and you've watched me during this journey starting a year ago. January 1st with five hundred eighty Three dollars and one goal, the goal was to turn it into a hundred thousand dollars. That was my goal for 2017. I Thought that was realistic because in 2016 I made two hundred and twenty-two thousand dollars.

but I was trading in a regular-size account the full year. So I thought for 2017 it might take me two, three, four months to build up to twenty five thousand. And you know, setting the goal of a hundred grand for the year was good. Now it may be a little conservative, but good.

and I have a hundred thousand dollars on March 8th. So I came in nine months early and I've just been building me account for the rest of the year. I crossed over a quarter million dollars. Then I crossed over three hundred thousand dollars and I'm finishing here with three hundred and thirty five thousand dollars in profits.

What a year! Now it wasn't all Big Green Day's it wasn't all fun I had some red days I had some days that you know I was feeling deflated I was feeling frustrated but I still came on and did my midday market recap. I didn't miss a single day and that's because I want this to be a transparent journey I want you to be able to really see what it was like. the good, the bad, the ugly, everything and I want to thank you guys for giving me the thumbs up, the likes and all the comments even on those bad days because I really think you know at first I didn't want to do it but it really made me accountable to my trades. It forced me to really analyze what I did wrong, the mistakes I made and I think because of that I've actually become a better trainer.

So I want to thank you guys for helping make me a better trader. And so as I finished this year, obviously it's been an incredible So you might be wondering what's on the horizon for 2018. How do I top it? well 2018 I'm going to keep growing this account. My goal is to turn it into a million dollars and when I do I'll have proven that becoming a millionaire trading, taking five hundred eighty three dollars and turning it into a million dollars doesn't require a background in finance, doesn't require a big bank account to start with.

All it requires is a set of rules and a strategy for how you're going to trade the market and the discipline to follow the rules. Now there are times where you know I've broken the rules and I've had to do my punishment which is run five miles or ride my bike 15 miles. So we all break rules from time to time, but we have to have the discipline to know that we broke the rule and to get ourselves back. you know, back in line and I Want to thank you guys for helping keep me focused this year! So for 2018, I will also be trading in an IRA account.

So I put in five thousand five hundred of my profits from 2017 into an IRA and in January I'll put another five thousand five hundred into an IRA. So I'll have about ten or eleven thousand dollars in the IRA that I'll start trading in January So that'll be kind of interesting because that account is a smaller account and I am limited under the PDT rule and I'll trade it side-by-side with my regular account and those two accounts will grow and the combined profits at the end of 2018 will be whatever they are. And I think in 2019 that'll probably be when I cross over that that big line in the sand. the million dollars and I'm just you know I'm so excited to do it.

So anyways, you know we'll get into the midday market. recap. I Just want to thank you guys for being part of this journey and for a great year and encourage you that if you want to become a master of the markets, you want to become a trader. Where your trading is the place to be.

We'd love to have you join the warrior training family, get into the chat room and start 2018 off on the right now. It's a New Year new you, so let's get after it. Alright, so with all that said, let's get into the Midday Market recap and talk about today's trades. Ladies and gentlemen, Here he comes.

The man, the myth, the legend. He takes 583 dollars and turns it into three hundred and thirty five thousand dollars in one year. all while wearing his pajamas. He's been called the most handsome man in the universe.

Let's give it up everybody for Mr.. Ross Cameron Thank you guys, thank you please! Very generous introduction. Everyone Sit down, sit down. thank you thank you.

I Know please stop clapping. I Know this has been an incredible year. Thank you Everyone can sit down again. Thank you all so much! Let's get on with it.

Today's Midday Market recap. So this has been obviously an incredible year. we're finishing here. This is the last day of 2017, my 236 trading day and I am just so grateful.

it's been absolutely incredible. Really? Just I Wouldn't have guessed that this would be my best year of my trading career and it would start from 583 dollars, but that's exactly what happened. So I Started here January 1st about a year ago with a very small account. The goal was to turn into $100,000 and I thought it would take me the entire year to do that and obviously you know I crossed over a hundred thousand dollars on March 8th and since then I've just been, you know, steadily making progress.

So I'm finishing here with three hundred thirty-five thousand dollars in profits. In fact, it's three hundred thirty-five thousand, four hundred, seventy two dollars, and 18 cents. which is, it's crazy. So and that's just from the account that start with 583.

I've got another thirty thousand dollars on top of that. So three hundred seventy thousand dollars in total profits this year. And that also doesn't include the money that I've made in the market in long term investments. That is the profits that I put away at the beginning of the year in March or in April I took seventy thousand dollars out, put it into the Sp500 and well, you guys can see what the Sp500 has done.

The last nine months it's been absolutely awesome. So I'm not even counting that because that was not really even. You know I just put it away and let it work. but you know that's another 8,000 or 9,000 dollars.

So I'm just, you know, super super pumped. This has been a really awesome year, so why don't we get into it? Today is our last midday market recap. We're gonna do this again through all of 2018. Nothing different here.

We're just gonna keep doing the midday market recap every single day and you guys will be able to watch over my shoulder. And I made a special intro to today's midday market recap that's going to be on YouTube So you guys will be able to see that and it talks a little bit about what we're doing in 2018. So you know a couple of you know changes of my account, but for the most part it's you know business as usual and just continuing to build this account up as much as I can. So let's look at the PNL today.

finishing the year with another $4,000 day. Here we go: Four thousand, one hundred, fourteen dollars, and sixty two cents just stacking up those profits. In fact, this has been my best month of my trading career, finishing with eighty four thousand, three hundred, sixty nine dollars, and twelve cents. Not quite six figures, but a good month nonetheless.

and only to read days this month. So I lost thirteen thousand on my worst day this month and thirty five hundred on the second read day. So about sixteen thousand dollars in losses versus whatever I guess ninety I guess versus a hundred thousand dollars in games. So puts me at eighty four thousand on the year, which is or eighty four thousand on the month.

So you know this has just been a great month. But what's interesting is last month I had two days where I made like seventy thousand dollars and then the rest of the gains were kind of scattered throughout. the you know throughout the the month this month has been different. December has been really consistent.

I had three fourteen thousand dollar days so that contributes half of my gains and then you know the other 40,000 $45,000 is just slow and steady days like this this week I'm up almost $10,000 and you know I only traded three days so really can't complain about that at all. You can see Today the P&L biggest winner was VT VT so we'll look at that trade. This one was a continuation set up so we're watching this based on the break of yesterday's high. So yesterday it was really strong and you can see how it did these really nice clean pull backs.

It popped up, pulled back, popped up, pulled back and so I was watching it pre market for a possible continuation. The bell rang, it started to squeeze up. I jumped in at $6 which was a little on the high side. You can see right here.

I Got in at 6:00 it squeezed up to a high of 670 - that was enough for me to capture $2,800 in profit. So $2,800 not bad at all. Second name on the board today is G Cap G Cap was also continuation from a big move yesterday. This one was not as clean I got in it on a red to green move as you can see here at the bell rang.

it dipped down it then popped back up I got in at 1280 was it 1280? Ya 1279 2500 shares and I sold at 1309 1324. High of day on this was 1326 so two cents off the high a day is not bad at all. So that was A. that was a really nice one G Cap Little outside my price range which is why I went smaller on the share size and I think that was the right decision.

And then the last trade was Kos s This one popped up on those scanners. it squeezed into a circuit breaker halt I didn't get in before the halt. that would have been at about 207. it was just a little.

the volume was a little too light, but I got in after the halt so it dropped down and then it popped up and so I got a little scalp on it and ended up selling. My best exit on this was a 93. I was in it 2:32 sold it to 93 but really not. didn't really capture a lot of profit on it.

So 500 bucks is you know is really not bad. but yeah so that's you know that's about it for me. I was done by 1042 so about an hour of trading today definitely didn't push my luck. It just, you know, stayed focused on looking for equality setups and not wanting to overstay my welcome here on the last day of the year.

I kind of knew, you know yesterday I was like huh? you know I'd really like to be able to have this be my best month of the year. That means I need to make another like 1200 bucks and I thought wow, you know I don't want to get too fixated on making 1200 because then I might do something like get too aggressive and you know make a mistake. and so I just said you know I just come in and if you trade, you trade if you don't no big deal and so I just you know. Took a couple trades and I was able to do pretty well on it.

So yeah. VT VT I started with 5,000 actually 7,500 shares see that was bigger than I realized 7,500 shares and then I sold half at 24, added back at 626 and 632 sold at 29 and 27 basically break even but then got back in at 50, sold at 63, 58, added at 70 and sold at 84 in 82. So you know again, trading in and around the position, getting in, getting out, getting in, getting out. which is you know, pretty much par for the course for me.

So 35 trades today. you can see my shares forty-seven thousand shares removed, liquidity 23,000 adding so that's not too bad I guess added more on VT VT which is nice so I get a little rebate on that on my Commission's but yeah so anyways, you know I Again, just this has been a crazy year I was There were points in the beginning or in the middle of the year where I was sort of feeling a little bit bummed out. things were really slow for me around the middle and I can show you guys my my reports here. these aren't updated.

these are only updated through the 22nd. So I have to go in and export all my recent trades. but if we look at this the calendar year you can see you know this is what my P&L was like through the year so we started really strong. Well you know January actually that's weird I guess why is that? let's see one.

let's see 17 and then yeah through today. that's interesting. Oh you know what? I guess that's because I traded in my regular account in January also. So yeah, so this was a small month and then we really surged up in marker in February pull back a little in March dip down and then came out of September October strong November strong and here in December I'll be way up here so I see no reason that this won't continue into January in February We may see a little bit of a lull through the summer, but you know what's interesting is if we look at my 2016 trading year, what you'll see is that my summer was really strong I was green every single month, but the strength was really in the summer.

Three really great months here: June July August November and December We're also good and you know it's just I Don't know why that happened to be the case in 16 and then in 17. the summer was so slow, but you know I guess just sort of the luck of the draw. So I like to look at these metrics to kind of get a sense of where I'm at. you know and I'll look at the detailed.

here you can sort of see the big picture is Accuracy 68% That's over 889 trades this year. If we go all the way back to 16, you'll see Accuracy 67 68 percent I mean I am just kind of right on that point 68 67 percent. Some months are higher than others, but profit loss ratio about one to one over the last two years starting just this year. profit loss ratio one to one, but the winners are a little bigger.

The losers are a little bit bigger as well. So one of the things that we talked about of course in the class is we talk about risk management and the importance for every beginner trader. You set your foundation on understanding the risk that you take on every trade. And so we take risk when we have potential for reward.

And so I measure profit loss ratios my average winners versus my average losers. And so here I'm about one to one and so what do we know about one to one? If you're one to one, you have to be right 50% of the time to break even and so for me, being right 68% of the time is what makes me profitable. Now I could also potentially be trading with a profit loss ratio of like you know, average winning trade, a thousand average losers only 500 and then if I was right 33 percent of the time, I would be breaking even if I was right 50% of the time I'd be profitable. So it kind of shows you how when you change when you tighten up your losses and you can have a positive profit loss ratio, it can help you set the bar low to make it easier for you to be a profitable trader.

But for me, I just had a little bit of a hard time keeping losses tighter. and part of that is because of my strategy. You know my average Trae's 13 minutes. You know we look all the way back to 16 here.

You know it's 11 minutes per trade. So you know these are pretty short trades and there are just times where I get in and the trade gets away from me and boom I'm down a thousand bucks or 2,000 bucks or whatever it is and you guys have been here. you know, every step of the way for 2017. Every day we've done our mid-day recap and you know there have been some really you know, difficult days where I was really frustrated like you know, my third consecutive red day or my third consecutive red week and you know we just kept doing it, kept doing the recaps and I think you guys, the feedback I've gotten from everyone is that you've really enjoyed seeing them and even though the red days have been valuable, you've been able to learn a lot from them.

so we'll keep doing that in 2018 since. I Know you guys enjoy it and the goal is to turn this account into a million dollars. So from 583 dollars to a million dollars it may take a little. Certainly take all of next year.

I Don't expect to make seven hundred thousand or six hundred eighty thousand next year. So I don't expect across a million dollars in 2018. I'm kind of thinking it'll happen in 2019, but you never know. I Mean gosh, I Keep having $80,000 months and maybe it could, but I Just expected that at some point we will have a slowdown, things will get choppy and we'll have to make do with only 200 or 300 a day.

And it may be for a month or two months or even four months and then things will pick back up and that's when it's time. to you know, put the pedal to the metal and my hope is that you know a year from now or six months from now and we see a stock like Lfi n that I might be feeling better suited to trade it. And this is an opportunity that I kind of let you know slip by because I didn't feel comfortable trading it both with the price range and with the spreads. But clearly you know trade like that can make or make, make or break your month or your year.

So I just always want to try to continue to become a better trader. And when I look at my score on the profit trifecta you know which we talked about with students. The thing that I really look at for me as being an issue is my profit loss ratio I wish that I had a better profit loss ratio. You can see right here I'm actually being only at one to one you know I'm way down here and that's the area where when you look you know I'm 65 68 %.

That's good. Consistency is on point. so the area I really need to focus on is trying to boost up the profit loss ratio. So how do I do it? Well, there's two ways one get bigger winners.

Well, that's easier said than done. So number two is tighten up the losses and you know that's what I have to get better at I've had several losses this this year that were just just too big. where I just stared deer-in-the-headlights and I got to get better at that. so that for me is really the difference probably between having a $300,000 year and having a half-a-million-dollar year.

But at the same time it does come back to the strength and market and we've had incredible strength in the markets through everything that's going on with the crypto kind of crypto mania and so that may well continue in 2018 and we'll just be able to keep kind of riding this this wave. But you know, for anyone who has had a you know, a little bit of a setback, you know you. I'm sure some of you guys are finishing this year in the red. I Know what it's like to finish a year in the red? It's not fun.

You feel like I put in my time I was here every single day and you know I'm not getting it. what's going on? you know, and inevitably it's probably that your losses are bigger than your winners and your accuracy might be on the low side, but I'll tell you. having gone through this this journey of you know, teaching myself how to trade and now getting to the other side, it's it. Just comes down to discipline, studying, watching the charts, analyzing your trades, printing out the a quality setups, having them on your, you know all over the place.

So when you start to see one forming in real time, you know that. Okay, I'm gonna be a buyer here and then you know the discipline to to take the losses when it's not working. but I Hope that you guys you know don't feel discouraged by seeing this but feel inspired because the reality is this is the potential of the market. and this isn't just me, you know there's what.

we can take a quick peek at the December challenge. You know we've had some students this year finishing in, you know, just really, really great shape. John He's over $300,000 this year as well. Mike Thirty thousand dollars on the month? I Mean these are some really big numbers.

Tyler You can see here he's twelve thousand dollars and you'll notice that he is it. Logged into the chat room is our new junior moderator, so he'll be with us through 2018. As a junior moderator, he focuses mostly on swing traits, so you keep an eye on what he's trading $12,000 all from swing trades I Mean trading part-time That's not bad at all. A couple other traders that did really well Nate and John John's in the inner circle.

Both of these guys are you know, earmarked as potential junior moderators coming into 2018. You know we'll keep an eye on on how they trade, but you know and and Dean has had a little bit of a tough month. He was actually at the first half of the month in really really good shape. He was up like $15,000 and then he had the snowball day.

broke all the rules you know, chased a following knife and we've all been there and you know you just have to make your way out of it. I mean and the thing is, he probably on this second day was trading a little impulsively because of the loss on this first day. and so you really have to learn how to have that kind of sense of you know where am I at with you know my emotions this morning and I do that every morning I sit down I say okay Did I sleep well? Did I eat well? Did I have do I have a couple of stocks that I like this morning, that's my pre trading routine. You know, just like when you're you know, golfing or you're on in baseball and you do your kind of pre swing and you're getting.

You know you're getting yourself loosened up, you're getting ready you need. That's the same thing we do trading except it's sort of a mental process you know. Do I Did I sleep well? Eat well? Do I have a couple stocks? I Like, you know, what's the market like today? Are we in a good market? Are we in a bad market? You know. for me, this morning I came in and I was kind of like you know I'm a little tired this morning I'm it's the end of the week I'm you know I'm just not sure.

you know last night the middle of the night the our alarm system goes off in the house so the whole arm system goes off and I'm like you know it's 2:00 in the morning or whatever it is I jump out of the bed and you know I'm like what's going on, is someone breaking into the house? what's happening I'm running to my panic room telling my wife to save herself and you know as a shuffle past the little alarm on the wall I see that it says you know low temperature so we had you know it was like negative twenty last night with the windchill. so one of the alarms went off and you know it was Sayid had to go downstairs, turn up the heat in that room and you know just was a ordeal. The alarm company calls and you know I don't fall back asleep for like an hour and a half I just laid there in bed so you know when I came in this morning I was like you know I'm a little tired I'm not quite on my game I sit down and I lose my internet connection. my internet connection goes off I'm I don't even really get to prepare my pre-market watch list until 926.

You know it's four minutes to the to the open and I don't even really have a watch list. So that was how I Kind of started my day today and and that's why I was like I'm gonna be a little bit more conservative, you know the first trade I took on G cap was four minutes into the day was smaller-sized I didn't go super aggressive and you know VT VT this one was seven minutes into the day I kind of knew what was going on there. we'd seen it yesterday so you know I ended up putting together a pretty good day but you have to check in with yourself because you know when you start the day just not quite focused, not feeling right it can. You know it can really roll over into the the way you trade so you know good lessons there for for Dean I know he's he's getting, he's getting it and he he understands what he did wrong there and hopefully he'll really you know get into gear in January and and be in good shape.

But you know these, We're all in different phases of the learning curve. You know where some of us are. You know, still going through having three four weeks of great trading and then having that snowball day where you give back all your progress so you know. Two steps forward, Three steps back, Two steps forward, Three steps back.

and so the goal right now for Dean I would say because I was in that position not that long ago. I would say let's see how many days I can put between me and my next snowball day because you know it's probably gonna happen. So let's just try to put as many days between me and that day as possible. and so I'd say okay, well, maybe I made thirty thousand dollars between my last really big red day and so all right.

that's good. And the red day might have been $5,000 down, which is disappointing, but that's progress and then just keep trying to space those days out more and more until you're you know you're no longer even really aware of it because it's been so long since you had a big red day. so you know. But I do that with my own trading and you guys have seen through the year.

I've had days where you know in two days I lost fifteen, twenty, thirty thousand dollars and now I'm in the hole and I got to dig my way back out right? So you know that's uh, that's just part of the deal. But anyway, so let's see. I'll finish my piano here. So four thousand, one hundred, fourteen dollars, and sixty-two cents.

So there we go in the green, finishing the month in great shape. so that's about it for me. I'll probably do some type of full 2017 and review next year once. I Have my broker statements of course they're all gonna be uploaded to the website.

You guys can look at them as you'd like. You know this is a journey that transparency was really important to me on. So you know every brokerage statements been uploaded and I didn't want any any question that this wasn't real money. from 583 dollars to three hundred and thirty five thousand dollars.

So you know when I get a call from you know I don't know 21st Century Fox to you know make the movie. they're gonna want to see those broker statements and you know I'm gonna have them there ready to go. So anyways, you guys can look at those if you want. but I'll upload the new one early January and you know we're I mean it's Matt Damon would probably be the best you know I I don't know there's gonna.

it's definitely gonna be a fight. Leonardo DiCaprio they're all gonna be fighting for this part and you know I'll just you know we'll choose the best actor, the one that's the most handsome at the time probably and has the best beard. So anyways, that's about it for me today. It's been a great year, great month and you know we're gonna get right back at it first thing you know on Tuesday morning.

So we've got a new calendar already. It's where's over here somewhere so we'll start January Hopefully see some good opportunities beginning of the year, New Year New! you will start. to build up the cushion, get some profits and you know for any of you guys who you know been on the fence about you know, getting into the Warrior Pro classes or learning more you know I'd love to have you guys join. We're gonna start a new round of classes in January It's gonna be a lot of fun and it'll be a great opportunity for you guys to make 2018 your year to master at the markets.

Alright so anyways, that's it for me and I will see you all first thing on Tuesday morning next year. Alright I'll see you guys later Bye 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.