What's up everyone? All right? So here's the good news: I'm finishing my third consecutive Green Day Well, third day. Actually, it's more consecutive green days than that, but in any case, today's Wednesday third green day of the week. That's good $400 The bad news is I Had my first loser of the week this week I've been on a hot streak in the sense that I haven't got a single losing trade until today which is kind of rare but I had my first loser so one winner 850 bucks, one loser 450 net profit $400 you know it's still small 500 a type of market I Really wish things were a little bit stronger I would love to have those five eight $10,000 days again and today I started feeling myself getting frustrated I got frustrated because my first trade that jumped into was six thousand shares I was up two thousand looking for a big move. didn't happen.

stopped out as it came back down with $850 Now he hundred fifty is great, but in the context of I had this and then had to just take that, it doesn't feel as good. Next trade that jump in I tried to take big sighs I don't get filled. thank goodness it flushes right down. Little is 450 bucks if I've gotten filled in my full order I'd be sitting here today down $3,000 you know? So that's where I start to get a little frustrated I missed opportunities on Monday missed some on Tuesday missed some last week and I'm struggling just to kind of like you know, even break a thousand dollars of profit which in a good market is like happens in the first minute of the day, so that's kind of where we're at right now.

The second I started to feel a little bit of motion kicking in. I said, you know what? Take a breath, step back, look at your P&L $400 That's green. You've got four hundred dollars more than you started the day and did it in about half an hour. So Green is good.

I'll be back at it first thing tomorrow. All right, so you guys have any questions, any comments? leave them below and reminder tomorrow 1:00 p.m. Eastern We're hosting a live workshop so we'd love to see you guys there. We'll put the link in the description for you to register.

All right. I'll see you guys tomorrow. All right everyone. So we're gonna go over the trades from today.

Do a little midday market recap. Another green day which is great. third green day in a row here. Wednesday So it is the one hundred and seventy fourth day of the year and I'm up four hundred, six dollars and 89 cents only.

Took two trades today. one winner, one loser You can see I had a $856 winner on Plmd and on that one I Really thought that there was potential for a big win but didn't really hold up. and then Ont X lost $450 on that one. So bit of a choppy day.

And as kind of a bummer I know for me I started to feel a little frustrated you know around 9:45 9:00 when I was kind of finishing up these two trades because yesterday of course we had big momentum on E or E D Ry and it in trade it I didn't trade it because it was kind of taking off during my midday recap and it was sort of. you know is a very light volume and I just felt like it was too risky. but you know it ends up going from nine dollars to almost 14 bucks right day before same thing happened on Sae X makes this big move from a low of seven dollars to a high of 32 dollars, you know Joan another one makes a really big move from a low of 4 up next day to 11 dollars and I kind of feel like I'm missing some of the action so I'm feeling a little bit of FOMO and that can lead to some feelings of frustration you know I wish I'd gotten in been more aggressive I wish I had stepped up to the plate and so today I step up to the plate on LMD I jump into this one out of the gates. It wasn't on my watch list but it hit our scanners and I jump into a six thousand shares.

at 87 and 88 it pops up to 733. So I'm up about 40 cents on six thousand shares. Four times six you know, two thousand plus dollars and it drops right back down and I end up only making eight hundred and fifty dollars on it. You know, and on this one I was thinking I'm gonna add another three thousand shares over 750, maybe another three thousand at 775.

I'm starting to think about a move for $8.00 This might be my one big trade of the week and then it fails. So kind of just a bummer. I jump into Ont X This was a reverse split. It was on our watch list I Jumped in at 8:27 and on this one I Got lucky because I tried to take six thousand shares and they only filled a thousand.

It popped up to 839 and then dropped here all the way back down to 720. Lost 450 bucks on a thousand shares of it and considered myself lucky. You know I mean that could have been a two three thousand dollar loss. So it just kind of feels frustrating when you miss some of the bigger moves and then you try to get aggressive and you know you don't end up getting follow-through and blah blah blah.

So this is just kind of one of those times where I was like, you know what, you got four hundred dollars of profit. That is four hundred dollars more than you had when you started today. Right? Step back. Big picture.

Green is good. Take the money and walk away. You're starting to feel the emotions creeping up. You're starting to feel a little frustration.

A little bit of, you know, annoyance. That's a good time to take the money and walk away. So I'm walking away with 400 dollars today made 600 yesterday, 600 a before so you know it's about $1,600 this week. This isn't homerun trading, but for me, that's not the market that I'm in for my strategy.

It's about base hits and I'm doing that. I'm walking down the base hits. You know, one trade at a time, so that's fine. You know that's that's kind of the name of the game.

It definitely starts to wear on you when you've been in. Kind of a little bit of a lull or a slow patch for a long period of time. The month of August for me started by going deep into the red. had to spend the rest of the month digging myself out.

now because I was in the digging myself out mode I Couldn't take a lot of risk I had to be very focused on consist and see if I can do five $600 a day. I'll get myself out of the hole by the end of the month. so I did and I got out of the hole by the end of the month. I recovered about twelve thousand dollars in losses and then you know coming into or coming into September I Was hoping the market would pick back up, but it really hasn't that much.

I haven't been able to build a cushion, haven't been able to be aggressive and you know. So I'm sitting up like three four thousand dollars for the month of September and it feels a little disappointing and it's like geez Am I the same trader who made $100,000 in January and I am. The market is just a little bit different and it's better for me to keep grinding on these kind of small wins knowing that I will get to the other side of it because I've gone through this so many times before. It's the ebb and the flow of the market, the hot streaks and the cold streaks, you know.

I'm certainly open to looking at doing some reversals and I'm open to trading past 10:30 and trading up till 11:30 or a lunch time, but you know, I I just don't Right now my schedule just doesn't allow it so I'd have to kind of move some things around if I'm gonna do that, but you know it's just you know kind of the way it is right now. So um, this morning is we were breaking down the watch list. I'll show you guys the Gap scanners. So we had our Gap scanners here timeframe, historical date.

so we'll do this for 9:15 a.m. So we had Ont X leading gapper because of the reverse split. a NY was on there but this one I wasn't interested in because it's too cheap so no trades on that one. IG See I didn't want to trade this one because it had too much volume and I knew it would be crowded by the time the bell rang.

So IG see the bell rings and you can see it ends up just kind of being choppy. You know it's it's choppy. It's not doing really anything except trading within its pre market range so no easy opportunities. Al DX 5 cent tick stock I Don't like it for two reasons: Number one spree reasons: number once: 5 cent tick, 5 cent spreads.

Alright, the five-cent tech pilot program has been going on for two years. It will end this next week in the first week of October which is great. A second reason I don't like it. the price is above ten dollars.

and the third reason I don't like it is because the pre market chart squeezed up and then came all the way back down which I don't like. The bell rang and it ended up popping up but I'm not gonna feel FOMO on that. It just doesn't fit into my strategy for a couple of primary reasons so no traits on that one. Oh ASM This one I just wasn't sure with the 50 million share afloat that it would really do much.

It was sort of gapping up. sometimes. When you have a stock that's extended on the daily, you get this final gap up. and reversal and so on.

That when I was just like now I'm not not too interested. sno a little on the cheap side is a gap or pre market. the bell rings, it's flat so not enough volume wasn't really a true gap and again, that's that's basically it. You know.

we had obviously Sae X earlier in the week make this really big move. at this point we're on the backside of the move I'm not gonna trade it Jone again. same thing big move earlier in the week, we're on the backside of the move now. er D was EDR y yesterday made this big move but it did not hold the level.

went from $8 to 14 and closed back at 9 bucks. And so that's why you have this daily chart of this big shooting star candle. So you know that that's the shooting star. This is the the body.

very weak. We don't like to see something like that. Yes today it's bounced up a little bit but a very light volume, not clean. This is just a to me a trap.

So I'm gonna leave this alone you know and that's it. So Ont X I did take a scalp on that out of the gates. it drops down and as it surges back up. I Jumped into it for the red to green move as it broke over 817.

That was high a day I got failed today 27 it hits a high of 839, it goes up 12 cents and then this candle drops all the way back down to 766. If I fulfilled my full six thousand shares on that I'd be three grand today I mean this would be a really bad day so that was a close call. That's the the reason I use limit orders and not market orders because I set a limit of the most I was willing to pay I didn't get filled right away and I cancelled the order. if I'd used a market order I would have filled my full six thousand shares I would have gotten slippage and filled it up here and I would have lost.

You know a good three four thousand dollars so you know it is what it is. Thought it would continue I was wrong and LMD when it hit the scanners on this one I I was just like wow, look at it, it's taking off. It looks great surging up here. This is what we like to see I jump in right at six.

Eighty Seven pops up to seven, squeezes up to Seven Thirty-three There was a little hidden cellar here. at seven it broke that level pops the 733. I'm up two thousand dollars on it I don't sell it I'm thinking no, this is my first big win of the week. if it breaks over 740 750 I'm gonna add I'm gonna get myself up to ten twelve thousand shares.

try to make fifty cents on it. you know that's six thousand bucks and then it came right back down. So you know it's kind of one of those things. you get yourself geared up for a big trade, ready to go, and then it just flops.

So kind of a bummer there. but you know what? it's another. Green Day I'm gonna be grateful happy for that and you know back at it first thing tomorrow morning. Yeah, I mean that's that's the name of the game.

Live to trade another day and know that we will, of course get to the other side of this slow patch. It's just a matter of time. and for some of you guys who do trade later in the day, you've got different schedules than me. you may be doing better than me.

You may be catching some of these midday opportunities that I'm missing and that's awesome. Some of you guys who were trading last week when I was away, you maybe made some good money on some of those moves, so you might be in a better position than me. but for me? I don't have the cushion to be really aggressive, so I've got to just kind of focus on consistency being green, keeping my head above water until things really start to open up. So that's the game plan.

Reminder Tomorrow 1:00 p.m. Eastern I'm gonna host a workshop I Would love to have you guys register. The link is in the description on Facebook and we'll be in the description on YouTube as well. So I look forward to seeing you guys there, but in the meantime we'll be back at it first thing tomorrow morning for our pre market analysis right around 9:00 9:15 All right everyone! I'll see you guys in the morning if you're still watching.

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