 Hey traders, this is T Bradley 90 from the my investing club chat I'm one of the top mentors and moderators in chat as a special gift to our viewers on YouTube We have created a free two-hour course to help teach you how to start a consistently profitable trading business and identify high-paying setups in just 30 days There will be limited seating every week so register for the course and reserve your spot now Using the link in the description as a special bonus for everyone that watches the entire video We will give you the link to a free 10-hour additional mini course that has never been released to the public Register now before all slots completely fill up To kind of intro one So today gonna be going over the key traders over the last week I probably get on a couple of the week before just because I We didn't have a webinar last week because of Halloween I'm gonna go over the weekly market sentiment where I think we're headed Well, where I think we're at where I tend to lean more on my biases I I've got a couple trader topics and fallacies I want to talk about and then we're gonna get into the the large capstraps and To help me with that Brian trader tax CPA is gonna come on and we've been all let's bring all the shut up So that's that's what's planned for today all right, so Some of the traders that that happened this week and last I See with the big mover now I see with a funny stock like it was it was one that that did take me off guard because when I Initially, you've shorted this one part of my thesis was that this had a Kind of a larger float, right? This wasn't like the Sub-5 million cap play that we normally get this was a Excuse me. This was a play that had a larger flow and typically those can't sustain the gaps and I don't think that's boiling anything. That's kind of, you know common sense, right that like larger floats typically need a Larger floats typically require a lot more demand to hold up So I actually that's why I was short by some of the stock and like we had like decent free market You know, I think this was day one or day two we had decent Tree market resistance put in here at $2 and we just spiked out of the open on there That's a piece of place for for a shot exit a little bit more fun Exit is a trade I took and I made a live trade on this but I'm for the annual and lifetime members that can see this You know, they can see the live trade but for anybody else who's not a member of this quickly go over it this was a reclaim setup and No, this is a stock that I think this was like yeah, this was like day two or day two or three or something like that of this and What oh, thanks Mike and this is and this is one where I originally thought in the morning that we might treat back up like After this tank and likes this with a strong bounce, right? So this was the first indication that I thought a reclaim could be possible because this was a harsh tank But instead of staying weak down here, you know strong bounce up all the way up to be often Be what bounces are kind of typical, but maybe not so typical when it falls this partially right? This was a very oh be well that I am is it not posted it should be post right here. I'm supposed to get so This is a Oh, I can't I can't go something you have to scroll up All right, so this strong bounce is what initially gets me in the mood for reclaim trade because stocks in you know The kind of philosophy I've had lately in trading is strong stocks should stay strong and weak stocks stay weak when we get us You know me a strong bounce like this. I immediately think a reclaim is possible CRC now this is the trade where I Lost first right so I these were lower high shorts that I was going for My first one failed right again I let the stock push up and pick a high day I didn't try to guess the high day on the opening push unless there was a good level pre-market, which I didn't see Right sometimes I'll do that if it's good pre-market level or a good daily level But I didn't find one that I liked here So I waited for high for high a day to happen and I got it on the pop right notice good risk reward I'm not chasing down here So the first one failed and I instantly took it off and that's really I care more about this trade than showing this one This one's just kind of it's just kind of like a little recovery trade It's just the same idea but later the the most important thing to take off is that The most important thing to take away from this trade is the instantly getting out when you're proven wrong, right like You know, I did put a little add on here But that's because we're still under the high day and the second we get over the high day like I've done Like you don't play the guessing game, right? You don't play that guessing game or is it going to right? But maybe it's gonna stop right like you don't play that game Or I don't and and I recommend that people don't because it's just a dangerous game play and It's dangerous especially for a new trader because you don't have like the the discipline instilled in you to Know why you have to cut it Like the cuz like eventually you're gonna take a loss or you just take this big loss because you got stubborn and You're gonna realize why you just cut it So we had a busy market again And I'm really hoping that it continues and it should because November December January These are the fun these are fun months trade small cap plan. Oh, that's that's bad there. I go right there But yeah, we had a lot of small cap participants We're still in earnings season so large cap is still kind of Bone and there's more large gap earnings and I keep back up I just wanted to pick the main ones or I think the most exciting ones of the bunch The positives of this market it's a spy is really strong Honestly, like a couple weeks ago. I was wondering if you were gonna be able to get over 300 and now we're like a 308 Yeah, really 308 so we're in a really strong market and it's a busy market So this is what I like to call in everybody's market everyone can make money source make money loss can make money Scalpers can make money faders can make money You know like, you know news news can make money momentum traders can make money like this isn't everybody's market, right? One thing I'm really loving and I'll talk to Brian about this too Well, I'll ask Brian about this when he comes on is that the markets really seems to be shaking off China delaying like China meeting delay news and terror news like which is really kind of I mean the market still like hiccups every time like that the PR smile, but typically nothing like super Direction You know direction, that's where Picking news comes out right if the market just said oh, hey look the news volume comes in it dies off And never goes back to where we were Right yeah, so it's and that's kind of what I wanted to bring up It seems to be like not every time every time there is a China delay news because the market shaking off of the dips It seems to have been a good dip by the last like four times just because everyone's living they'll it's a dip. Oh, yeah, that's it Okay, got it. You there. Yeah, can you hear me? Yeah, man? What's up, buddy? Hey, what's up, dude? Nothing much man good good to talk to you man. It was good meeting you and Philly as well Dude, I was I was I was stoked man. Like there were more people to show that I thought I was so so if you were there Yeah, yeah That's awesome, man. Thanks for having me on to do it. No, thank you for coming off You know normally whenever I do these webinars, I get to talk about taxes and usually, you know I'll lose the audience within the first 30 minutes. So so to get on and talk about trading. I'm kind of pumped Yeah, yeah This dude's talking about taxes Yeah, exactly Yeah, I guess I'm lucky though. I'm able to kind of you know work with traders You know around tax related stuff and then you know my schedule allows me to trade So I basically I mean I trade every single day at a minimum and then yeah, I'll trade the open Sometimes I'll come back and check in Yeah, man, dude, like I mean you definitely helped me out figure figure figure my stuff out. So I mean Man, I owe it to to the king mr. Bow. Yeah. Oh, I Tell him all the time dude if he took his scalping the large caps, dude He'd be well, he's he'd be a monster in any market. So yeah I mean I do because dude because like and what like to get into trading I like that's actually what I think about would be really good because like so tell me what to think about this like so I have I Have this like what I've I've been slowly studying like it's hard because I get busy like with trading, right? But When stocks do not have news They're kind of in this in a sense now about specialties low-hanging fruit that's kind of like the low-hanging fruit of large cap land Right a stock that doesn't have any news and a sock a large cap sock That doesn't have news Normally just trades within the lines like because there's nothing to push it beyond lines And that's exactly what I do You know outside of catalyst so you know a catalyst can be you know, obviously a news driven event or Earnings release or something like that, but outside of that If you understand the math behind like pivot points and things like that you'd be surprised at how close a large cap Mirrors them not so much on the small cap side before large caps dude. They're on the money Yeah, and that's why I think that would just be said, but it just he doesn't I think that's his next step for sure Yeah, oh for sure Like I mean, I can just imagine how like I mean, you know, I'm just picking about doing this 600 trades in OTC land I mean That would be small potatoes Yeah, yeah, exactly you need like 20 screens anyway, so What I wanted that what one of the things I've been looking forward to asking you is What is like so I showed I just showed some of the only two or three setups that I even use in large cap trade What is your favorite? Like do you have a favorite large cap set large cap? Um, like, you know what's crazy is, you know, you you you Essentially, you know, you kind of summarize it a little bit but when I was you know, I used to be a strictly 99% short biased small-cap trader probably I've been trading about four and a half five years now and You know, I would just you know, I'm just short short short Had a couple droughts in the in the small cap market And so that's kind of how I started dabbling in large caps, but this was probably about two years ago But when I started dabbling in it as you know, dude Like I would buy it and then it would do the exact opposite and so I was like dude This is great. Like this is this is not as easy as as as small cap trade But as my trading, you know improved on the small cap side, so did my cost so You know locate fees things like that, you know, you have a good you'll have a good trading year But you know when you look at your expenses, you're like dude It's like 30 40 50% of my net profit. And so I was trying to figure out a way You know to continue to make money without You know take him take it as much hit on the on the fee side. So Yeah, I mean, I think one year dude, I was like 70 80 grand in locate fees Yeah, like and that's honestly like my locates have gotten way down since I started long, right? Like I just like I love that part of it Yeah, and then so longing, you know, I was longing every now and then along the small cap I look for that trap move, but the thing about small caps is You know majority companies are trash or junk and so You know when you long it you're like dude, don't do an offering. Don't do this Like I don't want to be stuck holding the bag like you're just scared to be a back holder But on big cap stocks that are like Tesla dude, it's a billion dollar company. It's it's you know It's not going to zero It's just timing your entry Right. And so that's kind of what I was getting into it Like timing seems to matter a lot more in large caps just like longs and shorts. Yeah Cuz there is none of that. There's there's you know with small caps You have the assumption well like on the long side. They can only go to zero like I'm buying it too We can only go to zero, right? Yeah, and actually you got the Tesla chart up now. I traded that three times in the last two weeks So if you look at that first day that first gap up so we gapped up 250 to I don't know We'll go like 290 or something like that Yeah So if you're a small cap trader and you see that gap your first mind your first thought is dude I'm shorting that like Yeah, how much is located and and I'm shorting that but as a in the large cap world. It's a different ballgame like You know stocks that gap up everybody wants to you know funds You know and depending on the short interest Institute of institutional ownership, you know, they're they want it, right? And so I think you touched on a little bit about going counter-trend so that first gap day Yeah, and so I think I literally bought that day Maybe like I'm trying to find my chart Let me see if I can find my chart, but but yeah, but Danny hit it on the head like stocks that gap up Typically gap up even more. So the first day wasn't actually the day that I made them, you know, the best trade There's actually the second day. Um, so I call these like, you know, basically continuation plays Day two, you know day two runners, um, you know, however you want to classify the opposite of a low hanging fruit, right? Right. So actually on that day two it actually opened red Um, and that was my signal. I was like, okay, if we get a red degree move, this thing is going to absolutely rip Hey traders, this is tosh. I go by t bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about m i c joining m i c Maybe you're a member already you have three ways to contact myself personally and through m i c you can hit our social media You can hit me through pms and chat or you can contact us through my email at tosh at my investing club dot com That's tosh at my investing club dot com I will get back to you in a timely manner and i'm saying this because i'm here to help and I don't want anybody to Be afraid to reach out and ask any question that they have we are here for you guys. All right. See you guys