 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 everybody Want to do a video for you on a risk strategy for scaling lines and I'm going to do this in Relation to small caps. Okay, because a lot of what we do is we talk about scaling lines in MIC and most of that strategy is performing the proper technical analysis But even more so is choosing the right risk strategy for yourself while You are practicing so One of the things that I did while I was working on My technical analysis and the lines and areas that I chose. I followed Bao's process Looked at the three months six months One year two year charts on the stock and used big charts comm just to get the whole and half dollar levels to get the idea of where I wanted to short Or buy whatever it was and so I used the process, right? but here's the one thing that I started to do differently when I transferred to large caps, but it also Translates into small caps because part of why is so difficult For you to shake out bow in a trade is because he doesn't use a stop-loss like Risk level that most of the people will use he's talked about this several times. He doesn't Pick the normal levels that the average trader chooses So I'm going to show you how to do something very similar to that And this is what I do in large caps if you guys have watched that video You know my strategy that I'm going to tell you right now further here. So let's use an example And I'm going to show you how this will work. So let's look at DR IO, okay on day one of DR IO This is the chart So really what puts this on watch is when it makes it to 1180 at 1180 at this point up here You know somewhere in between here and here it hits your scanners. You're on watch, right? So now you're like, okay. This becomes a potential potential trade. I Don't know why it's not way over there. There we go. There we go. Alright, so then you go in back You go back and you pull up the three month chart, right? It's what your first step to do is What is your first line on the three month chart if you saw it at 1180 your line is probably this 12 line right up here? So now let's dial out a little bit more. So now we've taken note of the $12 line Let's go to a six month chart Let's pretend for a second right that we're actually not looking at this for a short Let's pretend that we're looking for a long here, right? So we see it 1180. It's ran all the way to 1180 What are our support levels in this chart right here? straight out of the gate I'm going to say eight eight fifty right a dollar line eight fifty area and then seven Seven eight eight fifty those are my support lines Next let's go out to a six month chart Now I'm going to go ahead and Pretty much dial in on this eight eight fifty line right here in these areas. So eight eight fifty and Then again below that we had seven and then six so eight eight fifty eight Seven six that's our support right so if we're looking at this for a long trade to bounce it off of a support line Maybe not to catch the entire we're not trying to make like a dollar a share four dollars a share three dollars a share Oh called the bottom if you guys remember a little quote that Alex said a couple days ago He said it's really easy to make ten cents a share three times and it is to make thirty cents a share one time It's so much easier to be right for ten cents than it is to be right for thirty cents Now let's take that in to Consideration here remember our lines eight fifty eight Seven and six our first line eight fifty second line eight next line seven Next line Six don't mentally do it put the line on the chart right put the line on the chart Now if you were not a short look at this look at this wash out long at the open look at this It opens at nearly nine fifty washes out a dollar Okay, if you guys also use my rule if you're using something in this price range Don't enter at a line that is too close so we're gonna put that in quotations to open 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 comm That's Tosh at my investing club comm 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