 Hey traders T Bradley 90 here for those who do not know Alex took on the challenge recently of seeing how much he can grow a $30,000 account in 30 trading days and the results are in and he made $84,000 in less than 30 trading days, which turned his $30,000 account into a hundred and thirteen thousand dollars Alex recently put together a free mentorship course with his mentor bow explaining exactly how he did this the link is available at my Investing club dot co slash Alex there's limited seating every single week So be sure to reserve your spot as a very special gift to our YouTube viewers I want to announce something very special This is my personal phone number my personal number that I am putting out to you guys if you have any questions about joining I see or on the fence about joining our wonderful club You can contact me now directly and personally and I will get back to you All right guys, let's now get into The Q&A so this is the end of the tutorial and now the start of the new member orientation Webinar I give every single week week I think we're on week 24 and now we're just going to talk about anything that you guys want to talk about This is a free-for-all communication Do you guys have any questions about anything? I can just kind of rant or talk about charts or kind of like what my thought process was today and Basically, we can talk about anything that is going on right now Outside of the carnage that is this beauty right here. So does anybody have any questions for me while I'm here? And while we were talking I just covered the last of my trail So I am I was trying to so simultaneously during this webinar. I was trying to trade this I was trading this and Hope I was able to communicate clear but I just had a nice little win on Basically shorted this whole pop on Tril and just covered here the last five minutes between here and here a couple orders. So that was cool We'll talk about that. We'll talk about why I did that and honestly this could probably bleed down here But I don't care got the move. I wanted a solid day. It would have been a much more solid day had I caught this shit damn midday offering man Midday offering and look at the time that they get it where we talk about the end of day give back always resides at 2 p.m. Eastern Standard Time boom Daryl what's up buddy you brand new trading talks. Can you please explain short and long? Yes, I can brother So longing. Oh, and that's the that's the thing guys is m. I see is let me explain something really quick before I do that Daryl is at a lot of other places, man They don't want you to speak up and ask basic questions like this is okay, man There's no stupid questions at M. I see let me make that clear if you guys ever have even the most basic question That is okay that we're not here to discourage. We're not here to turn you away We are here to literally explain everything. So Daryl as you can probably guess, you know coming in the markets I'm sure you've heard before it like, you know a cocktail party or by the water coolers Longing a stock is where you want to ideally ideally buy as low as you can and sell as high as you can That's what is that's what a long is a short is literally just the inverse buddy So a short is a stock that has peaked out Given certain signs of why you want to short it and then placing a negative or a sell Position first and so like I'll just give an example. I'll literally draw it out and make it as easy as possible Say you shorted right here You know somewhere up here what you are doing is taking a negative position on the company right here You are saying I am selling first and betting against the the key here is I'm betting against if it goes down I'm gonna make money So then when guys cover which is an exit here on their short position What they're what's called buying back their shares So I am taking a negative position on the company and selling first to buy back my shares lower You know you can buy back them here or even here it doesn't matter But the point is if this is a sell and these are covers This is where you're exiting as if you would have you know is if you would have bought and sold so you would have bought here Somewhere here. I'm just estimating you know anywhere, but and then sold here does that make sense? So that's that's the generic term of buy sell Short cover out and this is what's called scaling. So if this was one order you short right here say Say short 500 shares, maybe you cover a hundred two hundred two hundred you piecemeal out. I hope that's very clear That's the best description. I can pretty much give and then there are certain reasons, of course They're a why you would buy or why you were short. There are you know, obviously we play small caps Which are not phenomenal companies. They're not necessarily companies that you want to buy and hold but they do offer instances in which you can buy which is obviously called like the first bounce or You know VWAP reclaims or high of day break things like that, but you want to buy strong stocks You know like NTRP on the way up when it's not breaking down making strong moves Maybe a first bounce on a dip So I usually look for something like this for a long right here at this line because it coincides It's a very strong move. It's something that is not breaking down Especially comes on the hour and it dips down to a place around VWAP with a consolidation point So in something like this, I'm usually well back in the day when I did long I would long right there nowadays I just wait for topping out action and then I short pop So like my trade today was as simple on trill as I am waiting for the mother of all slams boom We got it. I am going to scale a pop boom and I did I scaled this as we were doing the webinar and I piecemealed out So I covered here covered here covered here a little bit Same same goes for here if you let it top out and then you can short pop So you can scale up to here and then boom as you guys can see that is called shorting Something like this, which is just really no man's land. I hate shit like this This is OSS it didn't really offer much range regardless whether you're long or short But if you are short what I'm doing is I'm waiting for a much outer line around this area because I want this overhead and What's called longs underwater to be in panic as this comes back up and they're selling out of their position causing selling pressure In which case the stock goes down On trill I had lines at 350 and 365. So you had a line right here, buddy Let's see you had a line at 350 and 365 Okay It was strong all day and didn't reach those areas until zombie hour However, it perfectly rejected off those lines the first time it touched them was the best idea to ignore it like I did Because I was fighting the trend zombie hour or should I put even small stars or is there no right answer to that? It's not that there's no right answer nearly Barely bullish nice name. I like that name Here's it. Here's the reason why in this specific example You don't want to do that is because this is so strong man. This is see how this just got walked up So you want it you want to short things like this? Where's the daily chart not this one? Where was that really bad daily chart? I think was sucked actually Let me make this bigger so I can show you guys Well One sec Let me answer this as best I can So look it's up to you early This is the daily. See how this see this just shit Just this is just terrible man. This is just terrible. So anytime it pops It's probably gonna come down because look at this just descend, you know, this just it just can't hold its gains It's always sold off into but now let's look at now. Let's look at trail You gotta always look at the daily charts man You gotta always look this is too strong now look at this every day that it's bought up It's or every day that it's bought up It actually goes up even more days So it's bought up it goes up another day another day and then one day it has a red day and then finally cracks and people think Oh, the bag holders are gonna finally get out not do this reclaimed and then it happens again So like we get a nice drop and people think this whole run is over and then boom People think this whole run is over right here and then boom and this and it literally happened again So on something like trail right now Let's go to in today the reason why you don't want to hit first resistance on this is because if I look at this This is too strong right here But if you do do first resistance do the outer outer outer most line like maybe for like literally if you're looking at this You've got to think very very like whole dollar number. You know what I mean? You've got to really think like dude if this thing is front side. It's zombie hour. The daily chart is not exactly You know, let me let me remove all these If the daily chart looks like this, you know, I got to think of like the most outer line like literally like four Maybe even, you know 480 like these are kind of lines that I'm paying attention to you know what I mean But on something like this that has let's see. Let's go back on something like this that has the absolute absolute volume and shit now I gotta add VWAP again one sec load steady set But see something like this man where it's over VWAP all day, especially past zombie hour right here And it's just got the volume, you know, I was warning people all day But I was also warning the fact that this the reason why I wanted to short this and I'll tell you exactly why This is a very very cool trick to have in your arsenal or at least a At least a tool in your arsenal that will give you a good indication of when it's go time It's probably go time. So look at this Hey traders T Bradley 90 here Tosh Bradley from my investing club chat Just wanted to reach out to you personally and show you how to contact Myself personally if you have any questions about joining MIC about MIC in general or are on the fence and need a little bit of guidance before you join For the first time ever I have put out my personal number for you to reach me directly Among my email at Tosh at my investing club calm and our Twitter and IG handles reach out today and get any Information you need on what makes MIC so great and why you should join us today