 Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat today one of our moderators Joe Kelly Who does a weekly Sunday video series, which is a how-to series on many different topics today? We have a very special video on low hanging fruit trigger orders and sizing strategies And while today is just a preview of the full link video if you want to watch the full length or any of our Exclusive content then become an MIC member Today we're going to talk about what I call the one-fifth rule Okay, so the one-fifth rule is a scaling method I use in order to spread my orders out and determine my size So I like to use the one-fifth rule in a couple different scenarios So in the scenario I like to apply it in the most is on low Hanging fruit plays so low hanging fruit place can be things like Let's message this off to the side here We something like a former runner so a former runner is going to be anything that Ran in the prior, you know, it can be years. It can be years ago That was a former runner. It can be months ago. It can be weeks ago It can be days ago. My favorite ones are the days ago place you know as a former runner a few days ago and I I Like to apply the low hanging fruit strategy that bow teaches and I use a one-fifth rule for the scaling and what I want to explain Is a scaling method and using the range orders because and let's say that that is the move That we are focusing on and the ideal level is not that red line because that doesn't help much It is this black line right here So the ideal level is right above this black line, okay, and Now let's say this level on the left side over here starts it. Let's say like 335 it goes up to let's say at the top here goes to 350 and it gets to 350 at the top and Then there's a wick. No, you're looking at the line chart and this is you know what the peak looks like It's you know, it's So 350 is the top of that peak but on a line chart the way it's calculated is it's the closing price during that time frame So if it's a one-minute chart, the reason why use one minute is because it feeds in more data and the line becomes more accurate If you use a five-minute line chart, it's a wider average. And so the chart doesn't get as Accurate to the wicks and everything and so the one-minute average close is it let's say 350 That's the peak of the line chart But if you look at the candle chart because you should use candles combined with line charts because let's say that there's a Level at 350 but above 350 you saw that it went parabolic above there and there's a big wick hanging out That wick. Oh my well go straight. There we go It's when all the 350 and then the wick went all the way up to 370 so Let's say this is the application you want to use When I apply the one-fifth rule to a trade. Here's how I do it. I look at the Range in which I would like to start shorting Which would be anywhere in this range right here? Okay, and notice I'm gonna point something out to you I do not split orders over here and Then over here and wait for confirmation. I don't do that. I If if I want to add to a winner I've got to realize a piece of profit first. That's a winner That is a winner a winner that is all unrealized gains is nothing it is nothing it isn't no trade, right? It is it means nothing It's it's the it's the age old thing that you know, I can't lose if I don't sell So it's not a loser. It's not a winner if you don't sell either and lock in any piece of the profit So you've got to lock in some profit before you can add back what you previously covered 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 see joining M. I see maybe you're a member already You have three ways to contact myself personally and through M. I see 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 calm That's Tosh at my investing club calm 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