 So traders good morning. Good morning everybody. How can you hear me? I'm Jay trader here This is a special lesson today About how to trade big caps and small caps So good morning sews. Good morning Marcus for Jay Good morning, Lorenzo E trading Kobe first So I see some traders here connecting from the chat room and some traders over here connecting from YouTube so glad to be here. So few minutes. We're gonna start also traders Let me know what he traded today. And how did it go? Good morning, Dario. Good morning, everybody So this morning We were looking at exotrade and the first thing I do every single day is looking at my scanners So you can see we hear that What I have in my scanners is price volume change percentage market cap institutional ownership Show flow flow rotation a lot of things that probably you are not really taking care of but it's very important when you're day trading gonna do it out a little bit and We're gonna check over here The main Gappers of the day you can see that I run big cap gainers. I Run over here big cap losers But today we didn't have many big cap losers. We had major majorly gainers The first talk and this is where I had three students this morning breaking the fourth figure in this IMGN and I'm gonna explain it how we did how I alerted and why So first of all, this is not a small-cap company You can see over here that the company is One billion dollars So it's not a big cap company. It's not Tesla. It's not NVIDIA. It's not Google, but it's not also a small-cap company, right? and At the same time one of the first thing that I look at What is I'm looking for the float Float is 223 million. So we have a very big float And this is a very important factor here These high-float They tend to push when we have high volume and this is why I'm telling this because I back test And then over here we have an institutional 87% so 87% Institutional ownership is a pretty high institutional if you look at the majority of these small-cap companies like KRBP, Aiken, S&TG MICS and others they will have a very small market cap and a very small Institutional ownership means that the institution are not really too much Looking at this company to invest for the long-term The first trade over here that I want to share is a trade from Small-cap trader that this morning he wanted to trade here. I'm Jin And this is one of the mentor students I ever hear the Academy and it straight over here was for four figures I alerted over here this morning The setup I explained over here. You can see I am Jin. I typed very fast, but basically I said Longed at 1110 risky 11. This is 941 a.m. Okay, so you can see over here that the trader we took is 945 So remember over here alerting before Okay, exactly this point before we had this big push So the trade over here by me what he did he started looking at few things that we'll gonna descend together using bookmap and also the price section But essentially over here you can see that he longed He stopped out he relonged over here, and then he starts selling 30 percent 30 percent 30 percent So this is a big move big morning break out okay, and if you're looking over here at Other traders did exactly the same They bought over here the dip you can see I am Jen they bought out re-bought over here, and then took the major push So it's the same process that everybody was doing this morning other trade over here getting in 1120 So everybody over here Started to taking big profits on I am Jen we trade emitson. We're gonna explain after how we took the long We took a aching we took the long over here, and then we showed over here the top. So this is another small cap It's a cheap stock $2.60, and this is the plan over here this morning. I'm Jen the plan was to look for or Short on a parabolic move or to look for a long You can see over here my book map, and I keep it very very simple right I have times in sales, and if you can see this times in sales is filtered to only have over here What to have only have the blocks right? so this is my size you can go over here and You can see how I configure COB. So I have generally the Current order book I have the cumulative over here book size and Then over here. I have my parameters set in this case only for I am Jen at 10,000 shares Why this because I want to see the big orders. I'm not really interesting 100 shares 20 shares I mean I want to see the big orders. Okay, that's the reason why I use this So we're going to explain How three traders made four figures for the day juicy for figures only trading the playbook Okay, this is one of the setup that I like to treat in the room first of all we have book map over here and This is a solid morning reversal Remember the setup that you will see over here on book map. You're gonna understand over here How we trade these setups right some of the content of course It's gonna be if you take the course at each other code, but I'm gonna explain you how to read the order of flow and How to spot these entries over here? So the first two many important things is that I run a 90 may I run the J lines over here we can Cancel everything over here because I'm gonna explain from the ground zero how next time of course first You have to study trade paper, but then you can trade exactly the same way over here, right? So we had over here a morning push. This is 6 30 for who's in Italy like me This is my 12 30. So my lunchtime 6 30 New York time We had a move over here and this is right away. You can see from the scanners went from six up 100% to 12 and then a pullback Whenever I see these pullbacks over here. I was still like with with some clients with some traders whenever I see this pullback I Ideally look too long over here dips This is the first pullback starts seeing over here. So go on book map Let's start to look for a pullback long and then over here. You can see the nine o'clock Push this is a tray that Is another a plus setup in the in the room. So we like this pattern over here of breakouts And you can see trader that we're buying the dips, right? We're not actually buying the resistance over here breakout. We're buying the dips over here And this is exactly what I like to do buying the dips and then seeing the volume over here and see the extension But we started treating this around 9 30 So for who knows me I like to do a pre-market. I like to trade also the open this is One of the another mentor student. He just sent me this so this morning. He treated this I would say pretty good, right? glad to have this trader that is Finding over here these a plus setups and you can see that we longed over here 1110 Solid parceling to this one 1170 and then selling more over here to 1280 And how we did this? Okay, let's look over here First of all what I said before is that this is a morning reversal. Okay, this is a morning reversal if you look over here You're not Explained over here this this is a major first support. This is the open 9 30. You can see down here. It's 9 30 Okay, so we have an open over here and right away. We start having a dip into the support, right? This level over here This level you can see it on book map is with very low liquidity. I don't see is this level here I don't see that use liquidity, right? When you see over here Amir, Dario, Lorenzo, Vin, Mish I Don't see any kind of big support on book map nothing So do I like to trade over here the dip if I don't see any support? Not really. So what I like to do is waiting for a reversal Now follow me in this because you're going to it and stand How we trade this I would say between two and three times a week this setup So we have over here first candle opening this one Pushing down. So we start seeing over here Some weakness, right? But then every single time that we get in the support and 20 which is this support over here We start having deep buyers deep buyers are essentially traders could be institutional the hands retailers Traders that are thinking this is gonna push higher Remember the news Alzheimer news big catalyst When you see Alzheimer news when you see cancer news and this is not a smokehead company Remember this company will probably push higher If of course we see volume if we see daughter flow if we see the setup So just to look over here is very simple. I Start looking once the price closes. So it goes down From this blue line went then this is the J line first, right? The price goes down Push back up and it closes over here As I said more than one time I trade small caps only the last five years 2016 17 But I trade the same process And I was doing the same process on Italian equities and futures back in early 2000 And it's the same process that I've been training over and over I mean, this is the same setup that I trade on footsie on docks on NQ on yes, the same exact process So when I see that the price over here Goes below and back above. This is called on the over and we have a perfect setup over here So if we see for example, I can say his name. This is Nico. He posted over here in the room It was very efficient over here in this trade simply got The dip you see we don't buy breakouts. You cannot buy breakouts traders You're gonna get like killed so the level of entry you can see is between 11 1120 he longed 1110 perfect entry And like him many of the traders took the same. Okay, you can see over here another trader another trader here buying the 11 in this case Stepped out and then re-longed it so he didn't like losing all focus Discipline nothing. He simply was very firm and he re-longed it over here So don't worry if you take a scratch a small loss The trader told me over here. This was a $200 loss. I mean depends on the size you trade But this was a big for a figure Okay, so he got like 10 times more what he lost over here So you get a trade you hold it you have a home run And you can see over here this reversal on book map, right? The setup that we are looking at is exactly this setup over here this Breakout, this is my on the over and Once you see this breaking out over here this 1120, which is exactly this number Then it started to run and ran big over here. That's this trend two bucks And now, of course, you want longer here. Let's say 2,000 shares and sell the all 2,000 shares over here You can see all the trader that this morning I mentored they sold in partials, right? somebody sold that 12 because was a previous resistance also you can see the big level of book map and Then over here you see that the price came back from 12 down to 1150 And then we started making another curl broke over here the $12 boom another pushed to 13 So 13 we can see what new seller jumping in over here, right? Look over here new sellers jumping over here. They're placed 31,000 shares over here So what happens? We have traders Getting out once we see that big seller just over here 1280 to 70 to 60 And you will do like this until you can trail with the 90 main Now when I hear some of the traders in the room So I'm referring this to who traded this morning. I am Jen. I would like to hear Niko I would like to hear Tony. I Would like to hear over here beef Suze I would like to hear Let's see how they traded this Swiss Vane Lori traders. Are you still holding partial position over here on I am Jen or you simply all out Also see over here Matt is still holding So Suze is and you can write over here also on your two traders So Nick said over here is all out Okay Matt has been a scalper both ways Matt is very good at scalping. So he knows what he's doing Swiss all out and then re-entered Okay, the the student over here is still holding out 20% and why 20% because top start like this top to be to last the last weeks I Think was the last Tuesday Wednesday We had a stock that went from six bucks to 250 and really start like this, you know now that was a little bit different We're talking about a very small float useful rotation Halts over halts short squeeze. So it was a different environment, but you never know the potential of a move of the stock the stock over here went from a Gap of six bucks this morning is at 13. I mean who had longed over here Five six dollars this morning is waking up with a sweet morning wake up Okay, and I'm going back over here to look. What was the previous resistance? So now this is my really my goal. What's the main target? Let's look together. So we're gonna have an appearance over here Let's put price Okay, three years Let's go for ten years and let's go for a weekly chart I want to see if we have some kind of resistance, right? And of course I have to look down here if we had the previous server split So that's the resistance That is the point 1350 And now I'm looking for other levels that we can find over here. So we have then 1415 We have this massive 1520 Those are the levels that we have to look for a possible extension Okay, so those are the previous level of or key levels of high resistance All right, so it is very important to understand this. This is what I'm looking when I'm trying to find targets Okay, so we're gonna put over here We're gonna put IMGN Bill under a company I'll time her I saw her news. I'm gonna share with you the news. I mean This is something that really, you know touches also my sphere My mother is over here in the same room my my my grandma her mother died of Alzheimer's So we're talking about something that I know that it touches a lot of people a lot of traders out there Okay, but we are traders. So we always have to be a little bit distant from From this I'm sorry. I'm Jen is not a Alzheimer that was another stock got confused this morning. We're talking over here about ovarian cancer Okay, very cancer over here Demonstrates overall survival. I think was acting that Survive better than in phase three myra soul trial in patient in positive platinum resistant ovarian cancer so This is the news of IMGN All right Now we can look also some stats over here and we can see that we have a float So we're gonna put out here float 223 million we have institutional Institutional Ownership We're talking about 87% so a pretty high institutional and we have in the previous moves So stats we can put 50% fader by stats by history So this morning plan too long on Bear trap reversal pattern Okay, and this is exactly what Traders out there have to do look always for those patterns Like we are looking over here Look for those reversal patterns over here using book map. Okay. It's extremely important over here All right, here's any question this you'll feel free to to explain I have questions but again very proud of how I Saw traders we hear this morning managing this Very very proud So now we're gonna look at target potential Target forecast 1350 Let's see possibly we're gonna have that All right Anybody trader acting this morning? Now things are getting are getting funny. I mean, this is a small-cap company. You know what I think about this company We are streaming so I cannot really say everything Everything that I believe about this company I know that a lot of traders took this long and Be very careful when you long this we're gonna keep it over here in book map. So this we can close it And we're gonna cook we're gonna put over here aching aching So sous took it he says beautiful I said that this stock buddy Is beautiful, but also, you know, it could be very dangerous to trade. Okay So we're gonna explain aching, but I would like to know if anybody took this This was essentially The morning on aching So again over here seeing Many small-cap traders in the room taking it Uh, let's see wells So sous said didn't fight by locates my tip is buddy this when you have a big A small cap runner in pre-market Look to Look to trade that look to get bars on that Okay Generally these are beautiful Playbook setups So let's see well straight over here. I see some traders taking it some traders took in video this morning many traders took tesla amazon Let's see well, so we're here aching aching aching Okay, I'm gonna explain over here Some of these setups Okay So aching over here First of all, we're gonna discuss over here the two Zones right That we trade so over here we had this and this Okay, so that trader over here Again, this is a trader that is shifting between a Uh Three figures average day two or four figures. So there's a lot to work by side. Okay, so here we have a long You know here we have a short It almost looks perfect, but you know, it's not always like this Trading sometimes will be messy not all the trades will be so perfect So we're gonna explain a few things over here First of all, why this is up Why this is up aching not always A chart will be so perfect But this is Dead time when all green lights are aligned For a major Home run Okay, let's look a few things over here. So let's look at the data So when I say data means I'm running over here to trade I want to look what happened. So I'm looking over here aching this morning. We had a big gap. It was above 100% So we have a micro float So we had a micro flow over here micro flow means that the flow the amount of share that you can buy in the stock market It is 1.16 million Now this number won't always be perfect because if we had some dilution some institutions some something This could be one million two millions, but let's say it's a micro float something below three millions It's a micro flow. So something that it can really move a lot If we have some very kind big manipulation And over here I run the stats stats gives us a 50% fader 50% fader What does it mean? We have no major Who say idea to go long and no major idea to go short Okay If I look in news, I couldn't find in use I couldn't find in use the only thing that I found over here Is that this was moving along with other stocks, but over here I couldn't find any news we have Uh, a can as bestop remember that we had like some years ago weed companies moving I mean, this is again one of those stocks. They came back. Okay. So we have over here. What weed? Sector or we can say weed. Yeah sector theme Play we're back The weed sectors are back traders. This is going to be huge. Remember think was 2020 2019 a lot of these weed stocks So it's amazing to find these stocks back up again. So let's see over here We're going to analyze right now also The chart again traders if you if you traded this Reach out we're going to cover it together. So I would like to see the traders get involved as questions Because it's like this that you learn. Okay. It's like this that you improve Trust me dedication commitment day in and day out Every single day every single day All right, let's see over here Okay, I'm going to explain why we did this. Why? I know that everybody's over here for this reason Okay, so a lot of these companies they simply get up They extend and they simply die, right? So this is the main point. Well, we never know when they will give us a short entry Or will they start unwinding? But I'm trying to make things simple over here Of course some juice I I leave it for who's been mentored by me but essentially This is what I'm looking at every single morning. So I wake up or in this case I go to the gym come back Start looking at the scanners This morning. I remember thanks to math. Okay Matt over here was alerting this And uh, we were looking for potential long So you can see that we started over here And I'm gonna put over here a little bit more color. So you can distinguish a little bit better We're gonna put a little bit of more Okay, this and we're gonna zoom out a little bit more There we are Okay, so this is what exactly we start watching So the first thing is we're gonna put this level Over here. We're gonna put let's say number one Number two Number three four five So number one traders So we're here. What do we have? We have a pre-market or let's say key technical level And this is the main reference that we have For the pre-market that 260 area 260 Then at two we have a spike extension To high liquidity Area And that's where I believe that we have the lowest risk for the best short entry exactly number two Then three we have over here. What lower high below VWAP equal big Reason to hold short Not hollow to hold short for We have another lower high fail to break open level And that's a big reason to hold short and five lower high lower high So when I'm looking at this for me, this is an a-plus setup something that I believe every single time that I see it I want to trade it So we're gonna look at this So we have over here the main reversal play Is that that's my reversal play Okay, so when I see that we have in the morning this Push over here. You see this push we go over here We start pushing back up and then in the first minutes. This is the first three minutes out of the gate We start seeing this resistance over here. Then we start looking for that unwind. I mean, that's my favorite Short pattern that I want to trade And again this we alerted live. We traded in this morning easy fader big win for the trader here big win Okay, these are the setups Okay, so anybody traded this if you want to resolve traders. We're gonna look this together If you have questions on this It's gonna be Nice session Again a very very good pattern All right, let's see what else we have this morning So we have Yeah, we traded also a little bit of amundsen This was the main play on amundsen this morning but I've seen this from Many traders and we're gonna look at book map for this at this Let me see if somebody else traded amundsen or let's say Got a very good trade on amundsen And over here we have another trader So again Traded long and over here on the support selling to the push selling the rest over here Nice juicy move. You can see that the trades Essentially are are almost very similar So let's start looking at amundsen amundsen this morning was strong in the market at the open strong with tesla And I said these words over here on youtube before When I was screen shared a remark. I said traders today. We have fomc 230 I'm always a little bit more conservative personally. I didn't trade this morning I want to see my students over here becoming successful And what I look What I look is to learn only the a plus setups Guide the traders into the trades See them taking the proper trades and Really correct the risk management. This is for me is the most important thing I did my years of trading. I still trade from time to time But the main point for me is to teach and make traders profitable When I see all these traders from the room becoming profitable is the best thing I can have Because that's also successful for me as a mentor Now amundsen is one of the stocks that with meta Nvidia netflix tesla google And at the same time I like to trade for example. Yes, and in queue Been trading a lot of been mentoring a lot of traders on on futures later Especially on fdocs in the morning because I live out of here in europe, right? So the german index And there's a high volatility and high liquidity especially in the last years I mean there are big caps Futures in the last years with all these, you know prop firms small accounts The market simply exploded And I believe that if the market will become bullish like 2020 2021 Until november 2021 There's gonna be much more liquidity in the market and much more volume and we're gonna see Such a bullish market So Again, we spoke about this morning the reversal pattern, right? Everybody knows already And you know that I'm big Reversal pattern trader now who trades reversals over here So trader over here asking me about what are reversals? okay, reversal plays essentially is The opposite of a trend. Okay, so let's say that we are going over here down That's a reversal when you break the previous high relative high In this case we break the superior relative high over here one zero four and then we start pushing to the upside Okay, so these are some of my favorite Favorite reversal moves And I believe that we we covered this a lot in the past So let's look together also every single time that I look something I still look in if we add any news So let's put over here amazon right now So amazon I start looking over here if we have any kind of news No, one of the features that I like over here is also to create my wash list So for example, I start adding this is a new feature that I put start amazon So that every single morning Something that we're working on every single morning and put over here my stock You can put amazon we can put amd Whatever start putting over here and then I have all my wash list So amazon the first The first glance the first thing that I do in the morning is looking the news Then I start looking at my daily chart. So I started looking over here at the daily chart And this was the analysis video this morning So we start looking at this major support that we had 100. Yes, we had the bounce from there We have a resistance in the 108 So with the bounce over here 100 the next target is the 108 And then I start looking Into the hourly chart And there we are hourly chart this morning So you can see that This dipped the gate. So we had a major over here wash Exactly this point and start portion. That's part of the reversal setup that we're going to look for Here we are How many times here do we saw this? One of my favorite setups The panel that I like to trade Is form like in this way I start looking not on the breakout over here to buy the the stock But I start looking at this area or this area here to buy Okay So if you look at the breakout often what will happen that you buy the breakout Stock unwinds Don't do it If you can if there's liquidity enough over here to support your thesis start buying the dips Okay, so in this case, what happened over here? Let's go And check together The setups that we had So first of all, we have an open 930, which is this dip over here. You can see 930 103 and 70 We start pushing over here to the 104 Resistance over here rise, right? We have over here such small resistance around like 2,500 shares Yeah, 3,000 shares the most We have an unwind and at this point After you see this rejection You are looking for a breakdown the support which is the open level 103 and 60 But which doesn't occur, right? The price over here remains on the support 103 and 60 And this is the beauty Bookmap gives me I start looking over here at these levels of support And then I start looking that we have more buyers stepping in here and then here and then here So look at all these small Buyers which could be spoofing could be orders. We don't really know what we know is that they're pushing Okay, you see over here. It's like a stair. They're pushing the price up Like that. I really spot the liquidity. I really spot the orders Out of the five four or five best Supply and demand or a bid and ask On the on the tape And at this point when we start like seeing the support over here curling This is the area where I'm starting getting engaged And this is the area where Traders if they want to have a high win rate, they have to focus on of course You will need to see a tape like this. You will need to study the order of flow But essentially as a very long Low risk high reward opportunity if you buy stocks in this way Okay, so don't really try to focus on the breakout But if you can try to buy the pullbacks or the dips Where is a pullback? Okay, imagine you have a breakout over here You don't buy up here the break up but you wait for a pullback So pullback is a coming back to the support So that right now we're buying into a level If it doesn't go good, you put a stop just a few cents over here below the support And if it works, this is your massive run And exactly where we longed Where we start selling here Here So we got all this move All right So this is how it traders to do it So getting the dips buying the dips looking to sell the push Okay Any question traders? Thank you soos So soos is clear morning good morning traders daughter clear Morning daughter where you're from buddy? That's an italian surname I like over here to interact also with the traders Right now a big pullback over here. I'm insane Thank you buzz Salerno beautiful beautiful. It was there a lot of times Near Salerno in Naples You know, you have a beautiful coaster there Yep. Yep. Yep. I'm leaving over here right now in summer, you know So A little gal is asking over here in the chat What do do you see at 265 the short when you're looking at book map on achin? Okay, so Shadow, I will go over that. Good morning, buddy All right, let's review just one second achin because the trader here is asking a question. Then we got to go at spy We had a technical setup this morning short on spy personally. I didn't trade this morning I just meant to trade over here at the academy Uh, but I want to share over here achin because the traders asked me. What did you see? On achin to trade short So the setup is very clear. First of all is a technical setup That uh, I explain in the room because it's called gap and crap Looking at the stock over here looking at the chart over here If you don't know what to look for this seems absurd. Okay. I'm very honest with you and I say How can I think that this 26 is a good short? I mean Maybe this is goes down a little bit and then goes back up, right? And we're talking about This trade over here I'm gonna zoom out a little bit so you can see it better We're talking about a short over here. You can see a 263 262 whatever The risk is 275. So we're risking let's say 12 13 cents The first target is already at 235. So you're getting out at least two times where you're losing even more More over here more over here. This is a huge trade. This over here the trade This is the hotkey error and then you are still holding is still on holding a short So what to see? How can you get in a trade like this? Look at me If you look at this part Of the I would say of the push of the pump, right? This is a pump You see that the majority of these dots over here are blue Essentially This means they're buying buyers are stepping in And they're stepping in they're guided into this high liquid area Okay, where these are these are essentially shorts or sellers placed could be sellers Let's say somebody was long, maybe a two or somebody was long from the previous days But it's actually putting over here is sell order at 270 and 273. So you can see over here the amount of size And Once we see over here that it's getting lateral sideways We see that more sellers you see over here. This is becoming orange here and then orange here We have more seller jumping in so it means that they're creating a wall of sellers. This is what I prefer the best So this zone over here When they're starting like adding size, okay, so we're going to put over here adding Sellers equal wall Okay, this is a wall of sellers Exactly this over here. So this is the bearish signal Then of course you can tell me j. Okay, but where should I enter? You can simply use over here a trend like break That's it you start seeing sellers Okay, so you start so you know here Sellers and we can write it down. So this is going to be clear for everybody And we're going to see over here and three on trend break Per short Okay So over here we can put also first first liquidity area And then over here we'll put in small this and we're going to put buyers guiding the stock higher into high liquidity area And then you start looking over here at the price section lower highs Every single one of these pops is sold Okay, so this is essentially What are you looking for? Okay, it makes sense, buddy Hello, gal. Can you give me an okay over here? If I answer your question And it's very important. We're doing this just for you to understand better How to trade these setups? Okay, okay Always feel free to ask questions Okay, perfect. Uh, so shadow is asking. Have you took any short? on SPY? No, I didn't take any short on SPY Uh, the reason why this morning I was very clear with my process said FOMC 230 new york time that will be my 8 30 p.m We're gonna have FOMC. So on days of FMC That I like to trade FMC when it comes out of data I don't like to trade a pre-market or trade sorry trade a pre-market or big caps intraday I just prefer to wait for that 230 that the data comes out what I will do is I'm gonna simply look for the key levels to trade Okay, the key levels to trade technically Technically I'm going to explain it very very fast You see this chart over here, right? I'm gonna put over here this one minute technically We have over here a short setup because I have a confluence of two signals That's a short Okay, so over here. Yes We have the confluence of two short signal, but personally I didn't trade it. Okay So that is the setup So another trader over here is asking can you also explain how to actually Sizing front size starter versus full size. Okay. This is something traders that is more for I would say advanced traders and I really something that a friend wrote and it's very nice. So Don't think about if you are a beginner. Don't think about sizing I'm talking for beginners. Okay Not for the trader to ask me over here. So don't think about sizing. First of all, think about consistency Yes, jb liquidity is a magnet, correct So the first thing become consistent and then you start sizing. Let's say adding 20 percent more 25 percent more I'm going to put out A podcast that I did last week with one of my friends is one of the best traders that I know His name is Lance Bristain And we spoke about this. So I really suggest you it's going to be my challenge to study it but the next thing is When you're looking at a key level in this case like a can or it could be even yes, right? So I'm running over here. For example, yes, but I I'm leaving my friend over here Pulsini to do it. You can see over here that I have my connection Sorry My connection over here rhythmic So when I use the s when it's really asking you or whatever why I am rdy or whatever I use rhythmic personally, I like it much better than the xv for futures and I'm looking for a key level where I can have a confluence of factors So if I see that My system is formed by Five Okay, my system is formed by five green lights When I have one green light I will size let's say 10 percent When I have two green lights, I will size 20 percent when I have three green lights, I will size 30 percent when I have four I will size now 70 percent when I have five I'm going to load the boat I'm size 100 percent This is essentially how I like to do it because sometimes You will have a set up you think it's good, but you have only a signal. Let's say I have only a key level I don't have the short setup that I want or the long setup. I don't have book map I don't have let's say another indicator that I'm looking at And I cannot size I will take between 10 and 20 percent If it goes good in my direction, I have a small win if it goes bad. I have a small loss Of course, I always cut losses in order that I have one r stop and three or four r with her But if the setup is becoming good that I'm loading 70 or 100 percent the size if everything is there So in this case you have to risk base first of all in your strategy and also based on the risk if my risk is this And I'm shorting let's say 263 like the trader the trader shorted 272 Sorry 262 263 Risk in 275 13 cents risk the target that he had was 175 down here That's like six seven r even more Of course, he's going to load the size and put everything in Because essentially it's a low risk, but if the risk is high he's not going to load the book This is how I like traders to do it okay And starters are good Only in the moment that you know exactly What your new average is going to be and where is going to be your last risk? That's the point You're welcome, buddy You're welcome. All right, so I think we pass a good hour together Tank again for being over here today. I think we passed a good hour If you have any questions reach out to me at jtraderco Another to add a question from a trader. I'm gonna answer this. Do you find your real lights like over extensions? Yes, of course when I Play extension plays over extension plays. That's a niche that I like to trade. Yes and I explained that in the website on the Stock trading course So for who took the stock trading course at jtraderco, you can find all of this All right traders. Thank you very much. Thank you. Dara and sues and everything For everything and see you next week. Take care and have a good day. Bye. Bye