What’s up, everyone? All right, so back at it here Monday morning. Another green day, $577 of profit trading YUMA. I took three trades, green on two out of the three. Unfortunately, my third trade was a $1,200 loss, and so I went from being up 1,700 to up only 500. At that point, giving back more than half of my daily gains, I knew that I was probably going to be done for the day. It’s always better to close green than to try to regain what you lost and then end up giving back more and closing the day red. So throwing in the towel up $577. Green is good and, of course, I’ll be back at it first thing tomorrow morning. Hopefully, we have a couple more stocks on the scanners that are looking good. All right. So as always, questions, comments, put them below, and I’ll see you guys first thing tomorrow morning.
All right, everyone. So we’re going to go over the trades from today. This is kind of a bit of a slower start to the week here, only $577 of profit. The only stock I traded was YUMA, Y-U-M-A. This was a gapping up 95% pre-market. I mean, this stock was really looking pretty impressive. But by the time the bell rang, it was breaking the bottom of the 6:30 pullback. My trades on it were, I took three trades. I’ll pull up the 10-second chart just so we can really look at each of those three trades in a bit more detail.
All right. There we go. All right. So the first trade was right here on this candle here. As soon as this candle starts to surge up, I jumped right in. What I was looking for was a little bit of a dip out of the gates, which I expected. And then as soon as I started to see some buying, boom, boom, boom, boom, I wanted to punch my orders to try to jump in. Now, I ended up getting a filled right around 37 and 40. It pops up to a high of 59, 6.59, it breaks over the half dollar. I’m taking some profit. In that trade, I made $900, which is a pretty good trade. So not amazing, but pretty good.
So it reverses, and I’m all out by the time it’s coming back down here. It then curls back up, and I get in right here at 6.29, sorry, the first one-minute candle to make a new high. This is a one-minute red to green move. All right, so now I’m back in at 6.29 with 9,000 shares. It pops up to a 6.40. I take some profit because here as it dropped back down to 6.29, I wasn’t totally sure. So I got back out of that and made $700, so I was up 1,700 on the day. Then, right here, it pops up to 6.50. It pulls back, and I got back in on this one-minute pullback. It hit a high of 52. It then drops back down, and I stopped out of that at 29 and went from up 17 to up only $577. So I lost $1,200, and that was a 30 cent loss from 50 actually down to 20 with 4,000 shares. So that’s obviously a little bit disappointing to have a setback like that. But, at the same time, finishing the day green is what it’s all about. So I’m happy with that.
The fact that YUMA ended up being as weak as it is, I think this really kind of weighed on momentum in general today. We saw a couple of their stocks hit the scanners, GBR, the whip on this in the first few minutes, I’ll put this on a one-minute chart, is pretty, pretty crazy. You can see how it popped up and then dropped down. So really volatile there. SCS, another one popping up, dropping down. SINT, this one actually popped up quite a bit, but I didn’t trade it. SAEX, another one that popped up, dropped back down. So I think today’s a day where we just generally are not seeing very good follow-through. So since we’re not seeing very good follow-through, I’m going to close up shop, live to trade another day. I don’t think today’s the day for me to be aggressive.
I think today’s a much better day for me to sit back and call it a day on the early side. You know, the thing is with 9,000 shares, 10,000, 12,000 shares, taking a 10, 15 cent loss can very easily put me red, $1,200, $1,500. It’s just not worth it when I’m not seeing stocks really open up. I think today with YUMA leading the way to the sell side, that’s probably just weighed on stocks in general. The overall market, as you can see, gapped down this morning but is actually been filling the gap, moving back up. So, I don’t know, maybe not a huge connection there. But I think just not the easiest day for a breakout trading to the long side on small-cap stocks. So I’m going to trade the market that’s right in front of me rather than trying to keep trading until I either hit my daily goal or my daily max loss. I’m just going to walk away here, $577. So that’ll make it another green day, which is terrific.
Let’s see, let me get my calendar up here. So we ended up having a pretty good… Well, it was red 1,700 on Wednesday, then made three grand on Thursday, three grand on Friday, so plus 577. You know what? Last week, I was plus 500 on Monday and I wrote, “No follow-through.” I’m going to write the same thing again today. “No follow through.” All right, so let’s see, 170, 71, 72, 73, and today is the 174th trading day of the year. So far this month, I have two red days and I have one, two, three, four, five, six, seven, eight green days. So green 80% of the times so far in terms of how I finished the day, this month.
We’ve still got, let’s see, two, four, six, eight, 10 days left in the month. So 10 days left in the month, $2,000 daily average, should get me at least $20,000. That $2,000 daily average, I figure some days are going to be above that and some days will be below it. But probably try to at least expect another $20,000 of profit this month. All right, so that’s it for me. I hope you guys have a great afternoon. I will see you all back here first thing tomorrow morning, 9:15 pre-market analysis and hopefully, we have some good stocks on the scanners that aren’t too crowded before-