Bubba opens this session pointing out something a little different from usual: for the first time in a while, he’s coming in completely flat, with no open positions carried over from the prior session, since everything from the past few days had either already closed out or simply never triggered in the first place. With the following week shaping up to be unusually quiet because of Labor Day, he sets expectations early that the market is likely to keep grinding rather than offering much in the way of real opportunity.
The session’s best moments both come from gold, which starts showing a real pop early on. Bubba buys the first move, scales part of the position off for a locked-in profit, and moves his stop down to protect the rest before it eventually gets stopped out for a solid win, describing it as a nice, meaningful gain on the size he was trading. Not long after getting stopped out, gold pops again, and he takes the exact same trade a second time, repeating the process of scaling out and locking in gains, for a second clean profit, roughly a hundred dollars on the micro contract each time. Together, the two gold trades become the entire story of the day trading side of the session.
Elsewhere, the board is mostly quiet. Apple, Amazon, and Coin all get quick mentions but no trades, and Bubba notes that both had been flagged as potential setups in earlier sessions that simply didn’t develop into anything actionable this time. He does flag one tentative idea worth watching, a Monster call spread at the 112/113 strikes for a 40-cent credit tied to the following week’s expiration, though he frames it explicitly as something to consider rather than an executed trade.
A notable aside during the gold trades involves Bubba’s personal Nasdaq level at 29,618, a number he says he watches on his own but doesn’t treat as part of the official day-trading system. It triggers during the session, producing a small profit on its own before getting stopped out, and he’s careful to separate it from the two official gold trades, explaining that he shares these personal levels occasionally when they come up live rather than as a recommendation.
The episode wraps with Bubba deciding to call the session early rather than force anything further, taking the two gold wins as a satisfying result given the otherwise thin tape and the upcoming holiday week. He reminds viewers of his daily Market 120 preview and his Monday evening webinar before signing off, framing the day as a good example of how a market that offers almost nothing across dozens of names can still produce a solid trading day if you’re patient enough to catch the one setup, in this case gold, that actually delivers.
About Trading Live With Bubba
Trading Live with Bubba is a live-session show on the Tradier Hub YouTube channel hosted by veteran trader Todd “Bubba” Horwitz. Airing Tuesday and Thursday mornings, Bubba scans markets in real time, calls out credit spread and day trade setups, and teaches trading discipline through live narration.
