*Month Recap: Recession Warning! Oh wait, the definition just changed, my bad, recession canceled.. The most mentally taxing month I’ve experienced to date. What a rollercoaster. Summer trading has officially set in, at least for my set up. Liquidity has completely vanished (trading with more than 50% less liquidity) which has made scalping the EVs difficult to impossible. Even though the charts have been setting up, the algos seem to have caught on to my scalping ways. I’m trying a new strategy out that incorporates my high frequency trading. I created a new scanner that will show me tickers similar to my set up, with market cap, float, and most importantly, volume, the main focus. Just picking a few that have a nice look, with volume, good daily gains, and running with a market theme or sector. I have sized down after the second week in the month to build back confidence and get a grip on these new ideas. Today we saw a few crazy runners and one runner (HKD) which was an IPO that was sitting at $15 a few days ago, go to $485. The market is making a run up and trying to break this bearish trend. I think it’s pretty overextended at the moment and it will be interesting to see what it does from here. Next week should be interesting. Let’s see if the politicians can keep fooling everyone that we’re not in a recession. “It’s ok to be wrong, it’s not ok to stay wrong. Adapt”