Josiah Stewart day trades US30 and ES futures, landing a $5,300 scalp and a $5,100 trade for just over $10,000 profit. He documents a losing gold trade, explains his setup, and reflects on trading psychology using Mark Douglas.
Chapters
Good morning, y'all. Another day, another freaking dollar, you know what I'm saying? Right now, just woke up, did my prayer, did my meditation with my Bible, all that. Um, literally about to hop on this pre-market breakdown. I gotta mark up these charts right now. It's around 6:45. Uh, so I'm about to mark up these charts. I'm about to go live with all of my students and do this pre-market breakdown. If y'all didn't know, I do pre-market breakdowns every single month, basically every single morning. Um, with my students where I'll kind of break down the markets. I'll say what setups I'm looking for, and then if a trade occurs while we're on the pre-market breakdown, we'll hop in the trade together and we'll make money together. So it's actually very lit. Y'all get to ask me any questions basically every single day, um, just being a student of mine in the Discord, which is great. But I gotta hurry up and mark up these charts so I can go on the, uh, pre-market— this pre-market breakdown. I don't know what I was about to say, pre-market Discord, um, but I'm gonna hop on the pre-market Discord. That's how y'all know it's early in the morning. But I'm about to do this and I'll hit y'all after. All right, y'all, so here we are. We are in— we're doing this pre-market breakdown. I just went over every single pair that I actually currently trade right now, and obviously a couple pairs that other people wanted to trade, um, or wanted me to go over. That's all I had to say, really. I just wanted to show you I wasn't lying. All right, y'all, so now I'm out and about. Um, I actually have to get my car inspected because I got— I have to now take off my Florida tags and get Texas tags. So I gotta get it registered in Texas. Um, unfortunately, I was trying to finesse the system and keep my Florida tags so I don't have to get annual inspections or have to put a stupid license plate on the front and the back of my car. I think license plate on the front of your car makes it look stupid. Um, so that's why I really didn't want to change my tags, but now I got to. I gotta get my car registered in Texas. So I'm out here just waiting for them to do the inspection. I've never got an inspection on my car before. I don't know how this works. I don't know how long it takes. Yeah, this is so sad. Like, why y'all gonna inspect my car? Trust me, it drives. Trust me, it drives, bruh. That thing was only $7. It's only $7 to get your car inspected. Why didn't nobody tell me that? And it ain't take that long. Let me pause that. But I'm back at the crib now. It ain't take long at all. If I gotta hurry this up, 'cause I see a setup forming on gold. I just got back to the crib. I'm about to run inside. I'm gonna try and record it, so hopefully it hits. If it doesn't hit, I'll still record it, um, because y'all want to see my losses too, obviously, because I do lose. We lost this morning. I'll break down the trades that I definitely took this morning, um, but we did win this morning as well. And hopefully I win this trade. I'm gonna run in right now, um, see if I can turn my camera on and all that when I hop inside the trade. Um, let's get it. All right, I'm in this right now. Um, I didn't get to get in here. I didn't get— I had to hurry up, hop into the trade before I could start the the, uh, the recording. So I'm in the trade now. My entry point is right here. My stop loss is right up here. I'm doing a super scalp strategy. If you have my strategies course, that's what I'm doing right now. I'm seeing it on, um, US30. YM is the futures contract version of US30. So I see that on US30. My TP is going to be 438 right here. I'm going for a little bit over a 2:1 risk-to-reward ratio right now. But I see a Super Scalping strategy happen here. That's why I hopped into it, as well as a confluence with a break and retest right here on the 1-minute time frame. So right now I'm up $400. Um, we'll see how this trade goes. Um, yeah, all right, so we're chilling at break even right now. Um, it's just not a lot of volume right now, honestly, but hopefully it cakes up in a little bit. We're up— we're really at break even. We're up $300 right now. Um, once we break this zone here, I think we'll be completely valid. Let me draw this out actually. If we can get a break and a close below this zone, I'm going to be very confident with the trade. But if it kind of continues to like go up and down, I might close it and wait for like a better entry. But I like this setup, I do like it. We had a nice retracement reversal up here. We're in a downtrend, as you see we're under the VWAP. We're in a downtrend right here. Um, we see that it broke this low right here. It failed to break this low 3 times. One time here, one time here, and third time right here and finally broke it. Then it came up to retest it. We had multiple candlesticks to the upside. Then I got my Super Scalping Strategy entry candle right here, entered on it. So we had two confluences on it, technically three. We're in a downtrend, uh, Super Scalping Strategy setup appeared, plus it was a break and retest. So the Super Scalping Strategy appeared right after the break and retest. So that's why I was very confident about this trade. Well, that's why I am confident about it and hopped into it. Um, Yeah, so honestly, if we break this, I think we'll be valid. We should be freaking rich. It's not a super huge trade, but still, it's gonna be— if this hits, it'll be, I think, around $4,000 or $5,000 because I'm risking $2,000. All right, so we finally got a break over here. We're up $2,300 right now. Trade is looking good. We have a nice close underneath this, this line like I pointed out. Very confident in this trade. I'm actually gonna move my stop-loss to break even now. Um, I think I'll add a couple more positions here as well. Um, let's just add 3 positions. Boom. So we added 3 more positions. I'm putting my stop loss at the same point, take profit same point. Um, yeah, so I have a little bit more of an entry as well now. Um, my stop loss is basically at break even, just a little bit higher currently. Um, but we'll take it. Actually, I'm just going to break even right now. I might as well. All right, so we had a little bit of a retracement, but we're going back to the downside now. Looks like it's consolidating a little bit right here. We're finally getting a push down though, which is nice. We're up $3,600. 3,700. We just need a little bit more. We're literally like, we're literally like 20 ticks off. I guess that's not a little bit more, but it's, it's not a whole lot more. We're closer to the end zone than we are to the start line. That's all I'm gonna say. We saw 4,000, we're at 4,000, 4,200, 4,400, 4,500. Come on, just push down, man. Just give me my money, man. Give me my freaking money, man. Give me my money. Give me the volume to the downside. Sell. You don't even want to be up there. You want to go down. I know you want to go down, baby. Are you down, down, down, down, down, down? Sometimes you gotta sing. Down, down. I don't think it liked the singing. Come on. We're right there, bro. We are right there. Here we go. Boom, just like that, just like that. $5,300 on this trade right here. Super simple. Y'all saw me, y'all saw me in the car, y'all saw me come here, y'all saw me tell y'all exactly why I took the trade, the exact setup. Y'all saw when it reversed, y'all saw when I added extra positions, y'all saw everything. I do this every freaking day. Well, basically every day. Cool. $5,300 in how long has it been? 24 minutes, you know what I'm saying? $5,300 in 24 minutes. If we do a math on that, that's $10,000 an hour. If you do the math on that, if I work a regular hourly job like 40 hours a week times $10,000, I just made $400,000. I'mma freaking take it, you know what I'm saying? I'mma hit y'all later, um, things is happening again. I don't, I don't know, but W's in the chat. And I'll go over the trades we took a little bit later as well, uh, that we took in the pre-market breakdown and everything like that. I'll go over that a little bit later for y'all as well. Um, yeah, just had that fire trade. Y'all seen it. Y'all seen me rush from my car to go take the trade. I can't make this stuff up. Y'all see me do this all the time. I'm glad I didn't lose. Obviously I would still post it if I lost. I told y'all I would post if I lost. Um, I didn't lose. I hit that. I'm gonna break down the other trades in a second, but I'm actually about to hop on this one-on-one call with one of my mentees. Um, if you guys do not know, I have not told YouTube. I barely— I haven't told anybody. I really only did like mentorship for a select few people who actually just DM'd me and was begging me for it because I didn't really want to do mentorship. Um, but so many people have asked me for it, so I did open it up for my students. Um, I literally just opened it up for them 2 days ago. Um, I have a— I have 3 calls today with people that signed up. Um, at 4 tomorrow. Um, so I'm kind of booked up, but I did want to extend the offer to you guys. So now I do offer one-on-one trading mentorship. So basically what it is, you'll get complete access to me. We'll have an introductory call in the beginning because I want to know your trading goals. I want to know where you're at, where you want to go. I want to know your trading goals. I want to know who you are as a person. I want to know your strategies that you like using, what type of trader you are, because I'm going to help you kind of— I'm going to handhold you through your entire trading process because I wish I had someone when I was starting off that was already profitable, that could show me all my mistakes, tell me exactly what I should be doing and shouldn't be doing, um, point out the flaws that are help— that are stopping me from being consistently profitable. So that's why I decided to even open up the mentorship program instead of just making it super exclusive for just people that were begging me inside of my freaking DMs to do it. But I'll leave the link for it down below. But in the mentorship, you get— like I said, we have that introductory call. I want to really learn your trading style, who you are as a trader, so I can help you design your trading plan and help you kind of just, just perfect your trading in the best way possible so you can obviously become a profitable trader. So you'll get that. You'll also get access to all of my courses. You'll get access to my indicator. You get access to all my current courses and my future courses. I want you guys to have all the information possible to be as successful as possible. So that's why I threw all that in there for you guys. So every single course I've ever created and every course that I will create, you guys will have access to that being a mentee of mine. You guys also, um, get access to our private Discord, our exclusive Discord, which is absolutely amazing. We have the market break— the pre-market breakdowns in there every single flipping day. Yeah, so, um, yeah, so you'll have access to basically all that. You have access to a bunch of things. Like I said, you'll have access to me directly. So even after the introductory call, we'll still be in touch. You'll be able to send me all your trades If you lose on a trade and you're like, why did I lose this? So you keep losing, you send me the screenshots of the trades, you tell me the pair, what time you took it, the setup you're looking at. I'll go through the pair, look at the trades for you and say, okay, um, this is probably why you lost it. You entered too early, um, you entered too late, or this was not a clean setup. You know what I'm saying? This is not an A+ setup. You shouldn't have taken this setup. So I'm really going to be there to handhold you through your entire trading process, um, as best as I can and give you my personal thoughts on your trading. Someone just called my phone and messed the whole thing up. But I'm gonna give you my personal thoughts on, um, your trading and how you can be a better trader overall. So if you do want to be a mentee of mine, there's a link for inside description down below. Um, you can use code— um, y'all know I always give y'all a freaking code. Use code YT20. It'll be on the screen. YT20 for $200 off. I'll give you that $200 off the mentorship. Um, just because I love my YouTube audience and I love y'all and I appreciate y'all. Um, so yeah, use code YT20, you'll get $200 off of the mentorship. It's a one-time fee. You got— you guys don't have to worry about getting like memberships or paying it every month or every 2 months or a year, whatever it is. It's one-time fee and then we become best friends. But I'm gonna hop on this call with him, actually get a couple questions ready or go over his question and answers that he answered. Um, but I'm gonna do that, then I have to go straight to DMV right after that and be able to continue the vlog. Let's get into it. All right, so I literally just left Chase. Um, had to open another bank account. Um, me and my wife are actively buying a bunch of property now. I think if y'all watched my last video, I think it's my last one, um, being like where I went to go link up with a mentor of mine that has mad properties. Um, so obviously we've already started initiating that. Uh, last week we closed, uh, what we had. We got 4 houses under contract. Uh, today I just got 2 more, so that's 6 in the last 6 days. We're buying a house a day. No, but seriously, yeah, I'm looking to get 2 more this week as well. Um, yeah, so it's been lit, honestly. Um, definitely gotta diversify your portfolio. Trading is not the end game. I, I be telling y'all this, man, trading is not the end game. It's not the end-all be-all. You're not— you shouldn't just be a trader. You have be a trader. You have to be an investor. You have to be more than just a trader. But we did freaking kill the markets today. I actually have to go through— okay, let me break down the trades that we took right now. I'm gonna hop onto my computer. We're gonna break down the trades that I actually took right now. I'm gonna let you guys know my P&L for the day. We lost one, we won two. So I'm gonna let you guys know my P&L for the day. We're gonna go through that. My camera It's foggy, but it doesn't matter. Let's, let's hop into the good quality camera. All right, y'all, so we now are on the good camera. We're on the charts right now, you know what I'm saying? Um, this is gold. We lost on gold this morning. I called it out this morning while we were on, uh, stream while I was on a pre-market breakdown. I called this out. I really liked this trade actually, um, due to a couple reasons. So I had this trend line that we've been having the past couple days, and I've been talking about on the pre-market breakdown the past couple days, this trend line right here. And gold was approaching it. Gold came up to it, and it also was aligned with this resistance zone that it has rejected multiple times. We had— that's the wrong tool— we had, um, rejection here, rejection here, rejection here, and then another rejection right here. So this box right here, this gray box, I was very, very— I love this zone. And the fact that it had— the fact that it had also aligned with the trend line that I've been telling my students in the pre-market breakdowns every single morning The fact that it aligned with it perfectly, it was like a freaking solar eclipse. This was like a beautiful trade. I was ready to bet the house on this. Good thing I didn't, because we got— we, we— I saw it wake up here. Um, we entered on this candlestick right here. If we go to regular candlesticks, you guys might be able to see this a little bit better. Well, if we go to Heikin-Ashi— yeah, let me rewind this so you guys can kind of see what I'm— what I was seeing, right? Um, So it tapped into here, it wicked out of it, it started to reverse a little bit, but I was like, I'm gonna wait till it comes down here to enter into a trade. It came, wicked down here beautifully. Um, I put my stop loss— I entered right here, put my stop loss right above this wick up here, this last wick. Take profit, obviously aiming for lows. We were going to target these lows right here, but we were hoping that it would end up going all the way down here to this change of direction zone right here. But obviously none of that happened. But, um, we hopped into it and instantly worked this out. Like the next— in probably like 6 minutes later, it worked this out. And I was thinking about re-entering again if we had a close below this line right here. That's why I drew this white line. Um, but we never got that. It came, it was just playing around for a long time, and then it continued to go up with a break and retest, um, failure actually. And then it completely dropped down to our ultimate take profit. We could have made a good amount of money if it did not want to wick us out in the first place. So that was our loss on gold. Obviously y'all saw we won the US30 trade this morning. I recorded that one live, so you already saw that. It was just the super scalping strategy. Y'all saw the breakout in the video. I'm not gonna go through it again, but this is the trade right here. Went for 2:1 risk to reward ratio. We could have held it a lot longer obviously and made a bunch more money, but we didn't. We took our money and we're happy. And this is the ES trade that I ended up taking. So I called this trade out on the pre-market breakdown. Well, I called this the setup that I wanted on the pre-market breakdown. I had this zone drawn out on the 15-minute because we had multiple rejections off of it. This is simply just the ultimate support and resistance strategy that I talk about in my strategies course, if you guys have that. But I had multiple rejections off of here, 4 rejections off here, but I ultimately didn't want this zone. I wanted this change of direction zone right here. I wanted this gray box off all the way down here because this is a change of direction zone. We were in a downtrend, then it got to this zone right here and we started going in an uptrend. So I wanted price to come back down here and continue to the upside. That's ultimately what I wanted, but did not end up going that low. It bounced off this first zone here. I saw it coming here, start to struggle a little bit. I got this green candlestick, then I waited for the second one. I hopped in on the second green candlestick, hopped in it, stop loss right below here, and I just targeted the break and retest I didn't know if it was going to come all the way down here and just retest this, this last low right here before coming back down and reversing down to that first area that I wanted it to go to. But that's why I put my take profit right here and not all the way up here on my other zone. So yeah, that, that, that we could have held this one a lot longer. There were a lot of trades that we could have had a lot longer today, but you can't be mad, you know I'm saying. This one pocketed me another $5,100. So total a little bit over $10,000 today trading. Honestly, pretty solid day. We had that one loss on gold. I truly believed in that trade. Honestly, I thought that trade was a better setup than all these other trades that I talked about. I thought it was— it had way more confluence. I was way more, um, not excited, but maybe way more confident in that trade, um, while getting into that trade than the other trades. But that just goes to show you the markets do not care nothing about what the heck you're confident in. You have to take your shots. Sometimes you miss, obviously. Sometimes you make them. That's why you have to take your shots when your setup arises. I'm not mad about this loss because I followed my trading plans. It did exactly— it gave me the setup I wanted exactly. Um, it just didn't play out, and we can't be mad about that. That's just the psychology of trading. You have to realize that trading is a psychological game, right? I highly suggest everybody, if you do— if you have not watched this one guy on YouTube called Mark Douglas, it's some old white guy, extremely boring, but But his com— his, his, his— the way he breaks down the psychology of trading is absolutely amazing. It's immaculate. Highly suggest you guys watch it. His name is Mark Douglas. All right, so this is what I'm looking like right now at around 185. I don't got the lighting for the abs today. A little bit, but I'm 185 right now on a regular day. Um, yeah, I've been around 180. I'm gonna start cutting down to probably 175, maintain 175. But right now, um, pretty decent shape. Uh, yeah, pretty decent. All right, so, uh, as y'all see, uh, back in the car. Hopefully y'all enjoyed that little workout montage. Honestly, y'all know— well, some of y'all know— I used to make, uh, workout videos. That's when I first started doing YouTube with workout videos. But I love working out, and when I have to record it, it makes me feel like a job now. I love it as much, so that's why I don't record it no more. So y'all probably won't get those a lot, even though y'all be asking me for them all the time. Um, but I showed y'all a couple of my workouts. I ain't show them all. I showed y'all a couple of them, so I ain't feel like recording them all. But now I'm in the car. I'm not in the big body Tesla. I'm in my mother-in-law's car because my wife has the Tesla. My mother-in-law's out of town. We only have one car, so it's just— we only have the Tesla right now. But my wife wants a car. She wants either the G-Wagon, the G63, or Range Rover SV, I think, um, or Tesla Model X. She doesn't know which one she wants to get. Drop in the comments which you all think, uh, she should get. Um, but yeah, so I'll probably get her that by the end of the year. Definitely I'll get her that by the end of the year, but whichever one she decides on. So we have two cars because it just so happened that my mother-in-law's out of town, so I can use her car when my wife has my car. But we rarely need two cars, I feel like. But it would just be cool to have two cars, I guess. I don't freaking know. But I'm about to go back to the crib. Oh, I'm sweating. Had a great workout. I'm done. There was the key. Dang, she pooped. Yeah, it stink. But I'm back home now. Yeah, she looks beautiful. Hey, why you want to be all up in the camera? It smell like— say no. When's the last time you changed a poopy diaper? A poop diaper? It's been a minute. Yeah, just about a minute. Working. So now you're upstairs. Good job, baby. So I'm about to, um, my daughter goes to sleep in like— what time is it? It's 5:53. She go to sleep in like 45 minutes, uh, while I'mma bathe her, um, and then she go to sleep. I bathe her in 45 minutes, then she go to sleep. Um, right now I'm just chilling. I don't know what we about to do. Well, probably usual thing. Usually, honestly, we put her to sleep, I hop on Warzone for like an hour or something like that while my wife's cooking, and then we sit down and watch Blacklist together. I said no cameras, please. You look beautiful. They want to see you, baby. I look really good. I'm gonna do my hair tomorrow. Um, yeah, we're about to chill and vibe out. They don't even know me. Yes, they do. Yes. How do y'all know my wife? Well, everybody— all my students know you. This isn't a good introduction. What you mean? You look good. Imagine how good she looks now. Then imagine her 20 million times better. That's what she looks like. And she just want to be all up in the sexy white. And now she just want to be all up in the camera. Hey, Daddy's going to teach you how to trade so you can make $100 million and give it all to Daddy. Right, right. Say yes. Say yes. No, do not. Do not say yes. Say you're gonna keep it for yourself. Say yes. Yeah, yeah, yeah, yeah. All right, y'all, so I just hopped out the shower. We just put our daughter to sleep. I'm about to go over here, hop on the game, about to play Warzone. If y'all did not know, I am top 10 What the heck? Is my fish dead? Fishy, what the f— Where is it? Wait a minute, that's not even it. Oh snap, hold on. Oh, it's alive, it's alive, it's alive. Okay, I don't even want to show y'all the fish tank because first of all, it was Destiny's fish, but she wasn't taking good care of it, so I had to take over. Now it looks like I'm not taking good care of it. Look at this. I'm not gonna show y'all. Y'all gonna call the ASPCA on us. I'm gonna show you. It's just green. It's the algae. Fishy, come on. Wakey wakey. There you go. See, he's alive, living his best life. Um, like I was saying, I'm the best Warzone player in the world. I drop at least 20 kills a game, no cap. Well, that's cap, but I'm actually really good. Y'all gonna think I'm capping, but I'm actually really good. I got about, I think, a 17 KD or something like that, something crazy. But that's the end of the video, y'all. Let me know if y'all like these type of videos more, where it's like vlogging and the video, the trade breakdowns, vlogging and the trading, versus just like sitting and trading videos. Y'all let me know in the comments down below, um, which one y'all prefer. And if y'all made it all the way to the end, y'all know I love to give away freaking discounts. Y'all already got the first discount if you want to become a mentee of mine, if you want me to handhold you through your entire trading journey, whether you're a beginner or someone who's who's been doing it for a while but just struggling to become profitable, I already gave y'all the code for that. It's YT20, you know what I'm saying? They have another code for you. Use code YouTube— no, use code YouTube, YT22. YT22, right there. You go get 22% off all my courses. I want to go— if you made it this far, you deserve 22% off. You get 22% off all my courses my indicator, everything. The link for it inside description down below. YT22, you get 22% off. I've never done that in my life. I don't even know why 22 came to me. 20 is crazy. Uh, 22 is crazy. But hey man, I'm here to help everybody. So YT22, but 22% off on my course and my indicator. But that's about it. Make sure y'all let me know in the comments down below whether y'all like these type or just me sitting down at the computer and trading. It's up to y'all. I'm gonna do what I want to do, but ultimately I want to also do sometimes what y'all, y'all want me to do. But if y'all enjoy this type of video, smash the like button. I would greatly appreciate it. And, um, yeah, I'm gonna see you on the next video. Good luck on your trades, good luck on your crypto, good luck on your business endeavors, good luck on your, your investing endeavors, good luck on life as a whole, man. And if you enjoyed this type of video, I suggest you watch this video over here. That was a day in life video I did most recently. Let's just say that one was, uh, exquisite. So watch it. See you there.
