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All right, so today I want to talk about afternoon trading and honestly this is probably going to be, this is probably going to need to be two webinars because there's a lot to go over. There's kind of like the general information about afternoon trading and then I'll probably need to do another one on specific afternoon trading strategies. But I think this one's important because a lot of people, like I'm sure, Tom, you get it too. A lot of people, a common question is, dude, I can't trade the first hour. Is there any other? I did a video on that last week, how to trade reversal time. It was on the video. This is might be in more in depth, so it's good. Anyway, yeah, and so there's just a lot to dissect here. Anyway, yeah, so the quote of the week is what the actual fuck and that's kind of like what's just going on in the world right now. I put these quotes on here so that I can remember what I was thinking when we go back and watch them. That's kind of the sentiment is what the actual fuck. Anyway, so we're going to go over the market sentiment first as usual, then we'll get into the key traders' group, we'll go over some of the trades that I took, some of the trades that Tom took, and if we missed some stocks in between, just go ahead and let us know and we'll pull them up and we can analyze the traders of the week if you had a rough trade on it or a good trade on it, whatever, just anyway. So where were we last week? Last week we were just starting, the parabolic of the long market had just kind of gained some steam, and we saw the continuation of that steam, and so as the spy continued to charge and go slightly parabolic, I expected a pullback, right? I would expect the 300 to be tested again, we actually got that today. That daily resistance at 15 could be the catalyst for the retest of 300, but kind of close. We went higher than I thought, but roughly around there. So that's kind of cool. That's kind of cool that the market's respecting that a little bit. Small cat bullishness prevailed, right? And I was waiting for one more death to seal the deal until then we are in the Beware territory for short, which I think we still are at. We're still, what's up, James? We weren't just talking about you. James. Yeah, he's just going to show up for five minutes. Yeah. Anyway, yeah. So we've seen a continuation of that bullishness here, and we're still in the Beware territory for short, but I think it's starting to wane a little bit. And it's funny, like I think I want to include this here, right? This is a pattern that we saw in the market, right? And this was like two webinars ago, when I was like, offerings have been surprisingly strong, holding, surprisingly strong and holding and bouncing even. It all started with the genus three offerings. When that held and the NNDM continued the pattern where every time a stock offered it was like by the dip mode, right? Something to be on the lookout for until the man is sent. Well, I actually got a great trade on DGLY, keeping this in mind, keeping this in mind that like we're in this kind of market. Like there's a trend going when stocks are offering. They're getting trapped short and just skyrocketing. And I kind of want to talk about that a little bit because one key thing I like to look at is when there's a stock offering, if it's not for a lot of money in relation to the market cap of the company, right? And I'll say that again, if it's not a big offering in relation to the market cap of the company, or also in consideration to the volume of the prior trading day, right? If it's a relatively small offering, I actually, like I'll actually look for those, you know, I'm more inclined to look at those for like a squeeze trade because a lot of people get caught up, oh, it offered, it offered. That means it's done. If it's a little offering, that's not that diluted, right? Now, bigger the offer, like also the smaller the offering, the more likely it is just like a relief raise, right? So it's a relief raise. It's a relief, like give us some cash. The bigger the offering, the more indicative it is of what the true price should be, right? So like, if there's a private placement with a company that's a private placement for like $100 million at $3, you know, $3 a share, dude, that stock's going to $3 a share because no investor is going to like put serious money in, right? That's an indication that $3 a share is the accurate market price, right? Like an investor is not going to overpay for, you know, for shares in like a private placement or like in a big offering. So like the larger the offering, the more important it is. The smaller the offering and the way, and what I view as small as there's, you know, there's three measures. There's in general like $5 million, not that a whole bunch of a lot of money. But you also want to compare it to the market cap of the company. Like, you know, if it's like a $10 million market cap, an $8 million raise is a lot. Now, $8 million not my be a lot, but like, I mean, it's a $10 million market cap. They just doubled, like they just raised their market cap and cash. So like that's a sign of a big offering. So it's big in relation to the flow or in relation to the market cap, but also big compared to the volume. Like a lot of times, like if it traded like a hundred million shares yesterday and it, and it does like a two million share offering, that's not that much, like, or like a million share offering. That's not even that, like, that's, that's, I mean, you could have seen that in a candle yesterday. They could have sold it at the market. You wouldn't even notice that, right? That's not a big offering. So that's one thing to keep in mind. And like, and that's something that like I've done for year, not just in this little, little kind of like trend pattern that we're seeing of offerings, just, just ripping, right? That's, that's kind of like a forever thing. Like if it's a small offering, that could be a trap. Yeah. And the small point, you would point. Yeah, you saw a few quite small offerings last week, right? Oh, this week was like more like a dip to stop. And then, you know, after that, it just ended up squeezing people. Yeah. And so, and especially because we're in that kind of, there's, there's a noticeable pattern, right? Genus, NNBM, MRSN, Chris did a little offering today. DGOI did a couple, right? We're in that kind of, we're in that trendy, trendy pattern. So afternoon trading. So afternoon trading can be like a super difficult time to trade because everyone's typically very weary. Like they're tired. Like they, you know, like the, you know, the classic Wolf of Wall Street, it's above the, it's above the shoulders, mustard, shit, right? It's all that shit. You've been doing that all day. And it really gets to, like, it gets to everybody. If you just, if you've just been screen-watching, and that's why like taking a break, like it's always, you come after you come, you come back after taking a break, it's always easier to trade than if you've been watching all day. I find that that's true. But anyway, there are a few things you keep in mind. You should keep in mind when you're trading after it. And the number one thing to keep in mind is that most traders are red, right? Most traders are red from the morning, right? Afternoon trading is it's not this like in your face, blah, like in motion, like bye, bye, bye, bye, bye, bye, bye. Like straight up, just every candle is an emotional, you know, trade, right? That's the morning, right? And that's why we like to take advantage of that in the morning, because we can take advantage of that emotion. But most traders are red in the afternoon. And that means that most people trading in the afternoon are in the mindset just like you are when you're in the red. Meaning when you're in the red, you can't tolerate losses. I mean, and that's, you can't tolerate losing another inch of your money. And that, that's, that's how a lot of trading, like a lot of trading can be explained by that mindset when you start looking for it. Afternoon trading isn't like blatantly emotional as the morning, but in the moments that matter, I'm like, like quoting that in the moments that matter, I think they're actually more emotional than in the morning. Like just, it's deceivingly emotional, right? When you get that moment, that matter, like that Isaiah spike on, on this chart, right? In the moments that matter, they're more emotional. They're really more emotional in those moments that matter. And most traders have either lost in the morning or they were green, but they pissed it away in the, in the mid morning to midday kind of time, that 12 o'clock, one o'clock time. So yeah, or the 11 to one time, most people have either lost or they pissed it away. And that really gets traders frustrated. And so that you can see that there's desperate trades being taken in an attempt to make their money back. And this is what you can take advantage of if you are not in the same mindset that they're in. So, and because that's going to be your edge. So think about this, like the slowness of midday, when it's midday, it's all slow. It's all grinding. I mean, just look at Isaiah, right? Like just look at how slow and painful this is. Right? The slowness of midday, the grindiness, the algos, the level two manipulation, right? You're sitting there. Like if you're like, whether you're in a position or not, whether you're red or not, whether you're waiting to take a trade or you have a big position, maybe you're down on it, you know, maybe on Isaiah, you're fucking short here at 185, right? Just FOMO down here and like you sat to this, you painfully sat to this. And now you're just waiting, waiting. And you know, you're just looking at the level two. You're just in this mindset where you were staring there, staring at the tapes, watching that the tape go down and then up and then a bitter shows up and you're putting all of this emphasis and importance on random out, literally algos doing this to you on purpose, right? Bid spoofing, ask spoofing, getting you to, and you're, and they're doing it to you and you're doing it to yourself. You're just literally staring there, just trying to find meaning in, in everything that does, that is not a 50 cent tank in her direction and trying to find meaning in everything that's not a direct tank or rip in your direction. And you're just sharing in it for hours. Your eyes are starting to bleed. This is what puts you in this. This is why the moments that matter. It's pent up. It's this, it's more emotional than even in the morning already. See you guys, see you guys in after hours and tomorrow. Thank you so much for watching our video. You want to see more of our videos, please subscribe to our YouTube channel by clicking the button here. We do our best to post a new video every single day. If you have any questions about M.I.C. or any general trading questions, please text us using the number here. Also, stay up to date by watching some of our most recent videos right over here.