What’s up, everyone? All right, so mission accomplished. Finishing the week with one more green day. This week, it was pretty good, overall. Monday, Tuesday, great. Oh no, sorry. Tuesday, Wednesday was great. Monday, for labor day, the market was closed. Thursday, red day. And I was disappointed because I got a little aggressive. I’d been a little complacent, little sloppy because I’ve been on such a great green streak. I’ve been jumping things right off the scanner and well, that bit me yesterday. But today I set the goal, bounce back just with a green day. I was not trying to make back every penny I lost yesterday. That’s not what it’s about. It’s about just clearing the slate, and putting that day behind me, and turning a new leaf. So today I took two trades. I have two winners and I’m locking up $1,000 of profit, which is great. So I am totally happy with that. Be back at it first thing on Monday morning.
And guess what? In the description, you guys will see a link to register for my webinar this coming Monday at 7:00 PM Eastern. So those of you guys who are still trapped in the nine to five grind who want to learn a little bit about what it means to be a day trader, how I find the stocks that I trade every single day like NTGN today, how I find low risk entry points, how I manage my risk, and where I try to start taking profit once I’ve gotten in a trade and I’m in the green. All right, we’re going to be breaking all of that down Monday at 7:00 PM, so you guys better register, and everyone who registers will get a free copy of my bestselling book, How to Day Trade. All right, so hope to see you guys 7:00 PM Monday. Everyone else, I’ll see you first thing Monday morning, live streaming 9:15 for the watch list. Hopefully we’ve got some great stocks on the scanners.
All right everyone, so we’re going to do our midday market recap. Go over the trades from today. I took two trades on NTGN. Two winners, which is great. One long and one short. My first trade today was to the short side and I made about $600 which was surprising. So the majority of my profit today was from going short, which is very unusual. Typically I trade to the long side, so this is a little bit different, but NTGN was an interesting stock. This is the area where I was looking at being short. Now this was on the Gap Scanner this morning, but I wasn’t really that into it with a 17 million share float, not being a history of big, big moves. I just thought it would be a little bit of a grinder. I just didn’t expect to see really anything that exciting out of it.
And I think that it did exceed my expectations in the fact that it broke the pre-market high of 370 and it did squeeze up to a high of 425, so as it squeezed up here first to 384 and then 390 and then 4, I was looking at it as a possible short, because I felt like it was grinding. I didn’t really feel like it looked like something to me that would take off and really, really go crazy, especially with the float being what it was. So I was looking at a possible short right here and right here. But what I wanted to see was a false breakout. So I wanted to see it break over 4 and then come right back down. And I was going to short at 397, and maybe I would get filled at 399, but my order was a limit order to short at 397, so I typed it in here, 3,000 shares, 397 all right. Hands on the sell button to short. So it comes up here at taps 99, but I didn’t want to short it if it was going to break through, because of course this is what can happen when they break through. I wanted to let it break and then coming back down, short it.
That would make me feel much more comfortable. And it didn’t break through here and then it didn’t break through here, so we have a double top. So I was like, all r