 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 All right All right, so today I'm gonna go over the key traders of the week. I got some good trades on I got some good trades On them this week. So happy about that. I'm gonna be going over the the market sentiment I Do that every single week and if this is your first webinar welcome. This is kind of basically what I do every single week I'm I'm gonna actually skip the trader topics and fallacies that I normally do because I'm I think I'm gonna have to Spend most of the time on this on this topic just straight up adding to it So all right Cody and then we're gonna end the the session Q&A and so this is your first webinar the way it works is You can throw out a question at any time during the webinar and if it's pertinent to what I'm talking about and if I see it I will try to incorporate it into kind of what I'm talking about and try to work house This is a trade that happened. I think I've tried it You know probably I've tried it But I didn't get to go over it because it was like and yeah, like after the last webinar I think this is just a basic parabolic short trade. I actually haven't done this one in a little bit But I haven't done this trade in a little bit and I actually caught this trade live But think I think Alex like I haven't released it just because it's not my typical trade And so like I you know like and I already have a couple videos like that still need to come out And so like I might want to release this one as like a bonus one later Just, you know, like on it during a slow week or something But I luckily I got this one on paper. It's kind of fun to get parabolic shorts on paper But anyway for those who don't like you should know this already, but parabolic shorts. They're more of an advanced trade right And normally I only take them I only take parabolic shorts when it's really over extended on the one minute chart And this was essentially just an overreaction to news and this is often what a lot of like most of the parabolic shorts I do is is when news immediately comes out or if we're like super going parabolic after like a high day break In the middle of the day when like oh, it seems like the last of the shorts being squeezed out that's also another time but most of the time it's going to be on like stuff like overreaction to news and I Actually didn't say like I just say this and like this was right near the end of the day I saw this grade. I took it took the screenshot left. So I didn't actually see the rest of the I know what happened, but I didn't capture the rest of the chart This ended up like closing at around 320 or something It went all the way back up and this is the reason why you short on the front side of the move like this And you need to have the front side covered because like if this wasn't near the end of the day It's gonna be just like that's going right just gonna made a secondary push up the 330 just to see like You know like hey, are we going to go higher than this and this is just a temporary top So especially when I take parabolic shorts, I am 100% covering on that full deck. There's like I'm never ever shorting a parabolic hoping to cover the fade it right ever so um Disney what it's funny like so last webinar like what we talked about with large cats when Brian came on and that was That was a super fun one But I talked about how one of my setups in Large cat land One of the only reliable ones that I have for me Is a continuing a continuation of the gap basically if a stock gaps up I think there's a good long opportunity if it dips it if a stock gaps down I think there's a good short opportunity if it pops right so this is just you know the you know the long version Right, this is the gap of continuation right it's a setup I outlined in the last webinar Basically the way it goes is if it gaps up and dips you buy for the bounce right and the opposite And in this case, you know, this really wasn't a big win because like it's hard to size into this kind of trade I know I had one more ad under 37, but I didn't get it so You know That's just you know, this is more of a partial size or half size trade Um, but because there's no good chart level all I have to go off of is a whole dollar as a guide or And using like an estimation of what I think is possible for the range, right? You know and this and this just ultimately I can't say anymore But this just comes down to experience like, you know, you see charts and price act all the time You get a feel for what the range should be on the stock and you guys all have an idea, right? You don't really expect a stock that's trading from one dollar You know to one dollar and 50 cents to go off the floor, right? And so you can kind of work your way down and like well, can it go to 160 170 like what would be You know, you kind of estimate the range a little bit and side note This is why I don't like cheap stocks because it's so easy to underestimate the range And I've gone over that before and I'll probably go over it many more times, but TRNX so this is a trade. I don't know if this one's come out. Yeah Um You guys can let me know because sometimes I miss the notification, but TRNX I did a video on this did that video come out yet any with any annual or lifetime that saw it like Um, I don't know if this came came out yet, but I did a live trading video on this one But for those who aren't um, and okay, so this one should be coming out Um And also I think he's behind. There's another one that he needs to do Anyway, I don't know yet Anyway, so this is a continuation long and like I always say normally I suck Normally I suck With these right I just absolutely suck the continuation long and this is more of a airy trade right he's or I like I don't want to say that this is this setup, but continuation trades like carries a lot better at the money But nonetheless my idea for this trade was that 235 was holding right So what I did was I basically watched this do its first bounce and so this is where the first bounce trade ends for me Right, this is where the first bounce trade will end for me or at least for half of my size If this is the first bounce buy, I'm getting you know, roughly half hop here And I'm you know, now I'm just seeing if I want to sell like the rest on a hop over if I'm gonna stop out break even So this is where like the first bounce trade would end now. I didn't get the first bounce on this because I I know it's probably looking something else But um, I can't remember what I was doing at the time, but I didn't get the first bounce trade on this um But what I was watching was it consolidating here and what I was hoping to see was that like I was really interested in this pop over Right this and you can see the volume. So everyone else was interested right volume's kind of like the key here to let me know Like what level is important? Um, and I think I talked about in the very first Um video I ever did I really like to see like when a stock pops over or under a level with volume It normally means that was a very significant volume because a whole bunch of people paying attention So I look to see what's an important level to break and that was 235 And you you don't have to be a rocket science. It's a pop up here and fail pop up here and fail And then when we break over there's a volume panel So what I wanted to see was to you know, if what I was now looking for the second this happened was if You know, we were going to hold a higher low and like I just guessed it would be 230 because that's just the The next natural number And that's why yes, this was yesterday um, so I traded this one two three four times Um, I I shorted this in the morning for like a quick little break even scalp Right, I shorted here out of there and like, you know covered up like I got a baby covered and covered the rest breaking late Not not a money-making trade um But yeah, I tried to scalp it short in the morning and like it just was holding up more than I wanted and oh My tags are in the way But like I'm really glad I covered because it eventually did spike all the way back up to 40 after I got out I'm like I knew like I would have been covering up there So I'm like I wanted to get this off right even because it didn't it didn't immediately like pull off the $7 emotional stuff kind of like the workhouse parade. I just went over This is where it kind of like pulls kind of immediately after we had a little bit too much Uh consolidation up here for my lighting. So I just took it off um Okay, then I tried to buy it for a replay and I might have been reaching here But I really liked the volume and the float was like like a million shared or less And so like, you know, I thought it worth it to give this one a chance Um, and it and I and I lost on it, right? Uh, what's up, Brian? Um I thought it weren't the chance um and like this one just didn't work and Like I had some slippage here. I meant to get out under 40 and and I just like, you know, like it slipped on me You know and that happened sometimes I had a little bit more slippage than I want could have been like it could have been worse Like I mean, I guess it could have gotten like sub five, but I was faster than that Um, like I had my finger on the button. I just slipped I mean it'll just work wonders for for your trading Yeah, and that's obviously It's easier said than done because there's just the psychology Especially if you're on like a nice streak and you just can't take the loss like you refuse to take the loss That's how it turns into a big loss So I think like sizing is just a huge part of it and and like you said, you know waiting for that confirmation to add That's just that's huge for for like newer traders or just anyone in general Yeah, it's just So the thing is like and that's why I had that quote up there Your account only cares about the trade you take you might care about the trades you miss but your account doesn't ever see it Right, but everyone's afraid that like, you know, like if I lower my risk and I stop out and then it works like You know, like that's super super bad and it's not good but it's As long as all of your trades fit within those like in your game That's that's that's what you need to focus on like I'll take a small cut On a other trade that even if it works after I'll take that small cut because why It's not gonna I'm not gonna end up with a small cut every time and that big win is going to cover like three or four small cuts Yeah, exactly Maybe more because if you can get really good at it like CRC, I was like five cents on that trade I was going to make like 60 cents on that trade like 50 cents like That's like 12 times To eat and drive Sorry, I did not I think I cut there. What's up? Oh, no, I was reading a famous comment. He said is it an offense to eat and drive I don't have any like questions. Yeah I had a uh, I had a short on uh, cgc today um, and Man, I covered that so early. I shorted at uh 1625 I wasn't pretty small but um Yeah, I took it off at 16 and then I was joking with uh, Joe and brian that like all right now It's thank you the low of day. Sure enough that she went to like 15 20 and um Yeah, I feel like recently uh this week just uh, taking things slow. Um, I've been uh covering my trades pretty early but You know, like you said with adding to the winner Uh, I like sometimes to just take that initial scalp To pay myself and then this way if it does pop up, you know, I could re add Uh, a lot of times what I'll do is like I'll cover half and then I'll re add more but then keep that same risk intact Um, I wanted like 1650 line on it, but I hit 1625 because I was going to scale up to it So like there's pretty much starter size, but And bro, that's a recycle. That's a form of adding right that's and that's literally a form of adding And oh my god, dude, like how did I not see this today? Like this is literally like the the gap down Tray bro. Yeah, exactly You are you uh, you mentioned that in the last webinar. Yeah, I love this strategy I've been tracking it a lot and so I just made a new all-time low Just completely dumped into uh, all player like yearly low whatever it was from the uh, the yearly chart you can see and um yeah, so yearly low and uh Just pre market like it was just getting hammered so I was praying for a pop I missed like the initial short. I want to say I can't really see some of my phone So I don't remember like the exact levels, but I remember after it uh tanked in the morning Oh, yeah, that's better. It's like right after a tank in the morning I wanted 1650 line and then you know, I saw 1625 just sort of that push And I started there and then I was going to scale My original line was like 17 But so that's why I was in small because I sort of let the stock come to me if it didn't hit my line You know, I'll sort of play that emotion given that like tank in the open I was like, you know, these everyone's just going to be pressured to sell the yearly low that kind of thing 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 in chat or you can contact us through my email at tosh at my investing club.com That's tosh at my investing club.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