What's up everyone? All right? Well Monday morning back in the saddle and I'm locking up a green day which is great after the draw down from last week. but right now I am in modified Trader Rehab. So let's look at the Whiteboard and talk about what that means. All right.

So last week I had a good day on Monday a good day on Tuesday and then I ate well, whatever you want to call it on. Wednesday Thursday I had another red day. Uh, actually went down just probably a little bit more. Visually than that, it was down like 20.

What? How much was it I can't remember. Anyways, this was a $10,000 red day. This was now I can't remember um, but I think it was 2,000 or something like that. and then on Friday I was up.

um, like 1,800 1.8 Uh, K 1. 18,000 All right. So a little bit of progress coming back. But what I said was that until I've made back approximately half of my draw down I have to keep share size small which is uh, 10,000 shares or less and I have no hotkey to buy and this this is such a funny one because it I it I Man, it got me on uh Friday it got me again today.

So on Friday I remember saying okay guys, I'm adding and I'm like nope I'm not adding because that button doesn't work I forgot, it's so habitual instinctual for me just to go shift one shift, two shift 3 to buy 1,000 2,000 3,000 shares and I did the same thing again today. And it, you know it's the thing is, it's um, it's almost impulsive. Um, but but I don't want to say exactly impulsive or the the implication is impulses are are not right. But for me I have a high degree of educated intuition so that reflexive you know is is it's not always wrong.

You know you go like that you think something's going to hit you in the face. um, but you know you're right more often than you're wrong and and with trading, that's definitely the case. That instinct to to hit that buy Button as a stock is approaching a half dollar whole dollar I mean you can have these micro breakouts, which on a micro pullback is enough to lock up 5 10, maybe 15 cents a share of profit very quickly and you need to be quick to take those trades. However, those trades can also be riskier and in a moment of compromised judgment, you press that button too many times.

Next thing you know, you're in pretty heavy on a stock, basically very extended at the top of its move and now you're you're riding the wave back down which is not fun. So on my keyboard. um I had my keyboard my extra keyboard around here somewhere. Well I don't know where I put it but in any case, um, the button that I was pressing uh today was that uh shift shift one actually was shift two that I tried to press.

So for right now, um, this is where I'm at today. another Green Day I was up about a th000 bucks gave back uh 350. so I finished the day up um $650 which is a a pretty small Green Day Honestly I thought it was going to be a no trade day which I'm going to talk about a little bit more. uh but I still have.

This is actually realistically only 2500 I need to make back from the low of minus 12,000 I need to make back about 6,000 in order to have made back half my loss. Now once I've recouped half my loss, you know with these sort of small stair steps back up, then I can take off the restrictions and I can start to pull away back up towards the high. So let me show you on um the white or on my uh screen share here what this looks like in practice. So I had a draw down.

um if we go back 60 days you'll see it. um right here. I had this draw down where I had this nice leg up and then I had you know one, two, three, four, whatever days of pullback and then I was like okay. time to check in.

a modified Trader rehab put on the restrictions slow down because I can't keep going down more than this I've gone back I've given back enough. The thing is you know you have one red day and you're like, oh, it's just you know. One red day that happens. Day two, you come in swing and maybe a little harder just to recoup that loss and then you get hit with a second red day.

you come in day three and you're like, well, two red days that happens and then all of a sudden your third three red days and now things are starting to spiral. So Eventually you got to make some adjustments. So I did that there, recouped the loss back up to the high little draw down. recoup that quickly and now I'm in a little draw down here as you can see.

So anyway, so this is where I'm at right now. Uh, this shows me down about 10,000 off the highs. Um, but but that's in Gross so commissions will make it a little bit more. So yeah, until I've made back just a little bit more I got to go easy and then once I start to get a little bit more confidence I'll be, uh, you know, back up through the highs.

So the problem today was that realistically, we didn't have anything that looked good. So if I go into my scanners I'm going to look at my top gappers first and I'm going to link the top gappers with the rest of the chart so if I click on, it'll update. So Icct was our top gapper. It's sold off right here.

This is a top Gainer scanner so it's showing our biggest gainers. but sometimes a stock that is a gapper is no longer a Gainer if it sells off. Uh, so this is no longer a top Gainer But it is still a gapper anyway. So Gapped up sold off.

This is not surprising to me. This is actually what I expected and the reason I expected this was because this stock started the move on. Friday It is very rare to have good continuation from Friday to Monday over the weekend Traders Forget about the stock, the fomo kind of dissipates and and people don't jump in on Monday morning. You know, slamming a stock that was strong on Friday Usually it's very rare.

So because it was a continuation stock from Friday I I immediately was like no, I don't think this one's going to work and and it didn't, you know it. I mean I Suppose you could say it did go up a little bit higher here, but ultimately it hasn't held up well. Icct the float's like 8 million shares. It's not a particularly High float.

Um, you know the float was fine. the price. it's a little cheap, but no big deal really there. Um, it.

just. unfortunately it was continuation from Friday And so this was the beginning of the selloff Bmra. And in fact, one, two, 2, three four five six of the top Gappers. Well, at least five of them are not in my price range.

Too expensive, too cheap, a little too cheap. a little too cheap. a little too cheap now again. I I'll trade these, but they're still.

it's not my preferred Um spot. Bmra this one was Stronger pre-market but uh, was kind of a grinder. Made this big pop here, sold off and then got kind of choppy range bound. did not break new highs ivvd.

I'll talk about that one in a second because that's the one I traded. We'll skip over it for right now. Pbl premarket. Um, pops up News sells off completely.

basically a full round trip and then comes all the way up to a dollar. So that's kind of a funny move there. Um, that's not as common Us Steel I wonder if um Elon Musk is going to buy out this company just so he can, um, take the symbol of X That would be an expensive purchase. Uh, but you just never know.

So anyways, um, Us Steel had some news, but there's no. um, there's nothing for me on this. Um, let's see I didn't actually see what it was. Um, and when I see the shareholder investigation I'm like, oh, was this Rel was there a buyout or something because they would do that with a buyout.

Um, potential violations. Oh my gosh. Okay, let's see. Um you know there's so many ambulance Chaser Um, law firms that do this Anytime a company has does anything it's it's like it's really wild.

anyways. I don't know what they did. Um, let's see, produces and sells flat on yeah I don't I don't know. uh.

Anyways, it doesn't matter. Okay, so um, arqt this one. the float's too high. it's a little too cheap.

uh Z m v I did pull this one up. um and the first thing I noticed. um, easy to borrow right there e and it had bigger spreads pre-market 55 cent spreads so that's not tradable so no interest in that one. uh, akli a little too cheap SNES A little too cheap, so you know you could sort the scan any way you want.

You sort it by volume. Um, you've got these higher float stocks X and Neo not interesting. Bmra ICC Too cheap, too cheap. You sort by float.

the low float stocks. there were a couple, but um, but none of them really have a lot of volume or made big moves. So today, unfortunately could have very easily been a no trade day because there really wasn't anything that was phenomenal. Certainly not pre-market but at the open.

I Vvd put in a big move and this really surprises me considering 50 million share float typically I wouldn't trade this stock. Uh, but I sat down well I was sitting down. um but I I was here and it squeezes up to about 3 320 pulls back I didn't even look at it until it hit about 380 right here. Um so I looked at this and I was like wow, this thing just went from under $2 to almost four.

It's up over 100% Jeez, that's impressive. Uh and I said okay, well the high right here is 386. That was the high of this candle right here. So then I said let me switch to the 10-second chart.

So I do pull up the 10-second chart and uh, this chart. 10-second time frame is available for members at Warrior trading who are using our software and on the 10-second chart What? I noticed was right in here. We hit this high and then we had kind of a bigger red candle right there and it was on pretty high volume. Okay so that to me was a caution sign.

We it dropped from 86 all the way down to uh, the low was 61. then it bounces back up to 83 and I kind of was like it's sort of doing an ABCD pattern. but do I trust buying this at 86 I don't know. It's kind of expensive.

it not. It's kind of expensive relative to the fact that this just is up this much. I felt like it was too extended to get in there. So I said you know I I don't know, it hits.

Um so so it hits 89, hits 90. There's a ton of sellers up here. it pulls back down to 82. I was like yeah, that's kind of what I expected, you know? So it kind of breaks and then back down and then it.

Um, let's go forward. one candle again, tries and and fails and then it busts through 90. but there were a lot of sellers at 95, 96, 97 I I was like maybe I could get in for the break of four and then I said well, a half whole dollar breakout on a 50 million Shar float stock I don't know it's probably more likely to reject, but you know what? this one didn't reject. it went straight up to 49 which was the halt level and I thought oh shoot.

all right well gosh. well now it's even more extended though. pulls back, comes back up I again I thought well I I I could take a trade through 420 but again, it's even more extended I I can't do that I got to wait so it ends up going up here to uh 430. it pulls back here down here I saw this flush here and I was very close to pressing the buy button here at four but keep in mind this is 10:05 I haven't taken a single trade yet today.

I thought I sort of thought it was going to be a no trade day and now I'm like should I break the ice I don't know I'm not sure it goes up to 50 right here and um, you could see this, um, sort of price action. So I ended up taking um a trade right here and I took a trade right at 49 as it was was to me looked like it was going to break back over 50 and it goes up to 70. It dips down. It comes back up here to a high of 71 and I take a $11,000 of profit off the table I mean it's not a big win, but I was like ah, all right that's good enough.

It ends up dropping all the way down to 20. I did a dip right here I bought this dip at 425 and I got out as it pops back up here. uh to like 64. This was a really nice dip trade.

it sells off again and I was like you know what I don't know if I want to keep doing these dip trades I took one more trade. might have been right here as we broke over this channel. uh now I can't recall but I I took one more trade I lost 300 bucks on it and I said you know what I think I'm just going to call it enough but notice this channel that formed so I drew it based on connecting here and here and then that showed me this dip here and then I duplicated this line to create the channel right up here and we got above it here and I was like okay, are we going to curl back up to the high and then we broke back down, rode that trend line and then we kind of came up here and back down. and now look at this.

this line is now in play all right. So now we've got a trend line right here. sort of sending us back up and I thought for a second I was like are we going to get back through the high but then it rolled over, came back down. Uh so I called it a day at basically 10:30 I was like Ah that's good enough on the five minute.

I Did not expect that we were going to have a clean bull flag because because we were too extended off our nine moving average, this gray Line's the N9 moving average and I thought we were too extended off that level that this was going to give us a squeeze back through the new highs. I Thought maybe at best we would have an ABCD pattern, but we broke the low of this pull back here which meant we were stair stepping back down and this candle right here. That is a tough one. Um, let's look at that for a second look at these.

I mean this is like we're now. see now, the Alos are coming in and they're just abusing retail Traders So stopping us out, popping it back up and Stock's going sideways right now. so in my opinion unless it can hold over 450, I'm definitely not interested and I probably wouldn't be interested unless it can break through the highs. If we can get back to making new highs, then we've got a new area that could be interesting.

but trading a stock that's sideways, that's not interesting. So anyways, I you know. Unfortunately, there wasn't a lot to today and I was hoping for a bit more. Uh, if it was a no trade day I don't always do Recaps on no trade days.

Um, it sort of depends some no trade days. There's really not much to talk about I mean other than just uh I didn't see anything I liked For these reasons, these were the things that I saw. but these this is why I didn't like them and so as a result I didn't take any trades. Um, it kind of depends.

You know, some no trade days I I I don't do a recap, some I will so that'll That'll depend a little bit. but I did end up taking a trade so I wanted to recap that for you guys here today. um and I Thank you guys who have been tuning in for the Recaps that I've been doing this last week. I Want to continue doing them for you guys because you seem to be enjoying them I Appreciate the thumbs up I Really appreciate uh you guys that are subscribing to the channel.

That's awesome. You're helping the channel grow so thank you for that And I'll keep being here. trading every morning for members at Warrior trading and then uploading my recap later in the day for you guys. So thanks for tuning in and I'll see you back at it right and early first thing tomorrow morning.

and I'll remind you as always that trading is risky, my results are not typical, and there's no guarantee you'll find success whether you trade with me or you learn on your own. So take it slow.