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Yeah, guys, I took the day off today. I was just ridiculously tired. And no, dude, I was fucking tired. I didn't sleep at all the night before. And I didn't get home until 9-ish PM. And that's late for me. And I didn't sleep at all the day before. And I was like, you know what? I'm going to realize one of the benefits of being a trader and skip a day. So today is going to be a continuation of last week's webinar. Last week's webinar, I intended it to be entries, exits, risks, and target. It's the core four things of trading. And we only had time to do entries and exits because I'm a rambler. So I'm sorry for that. But we're going to finish this time. And so we're going to be going over risks and targets. So today, obviously, Tom is joining us. And it's so like, Tom, Tom style of trading is so good, both Tom and Bear. Like Tom and Bear strategies are both perfect for the new trader. Like, that's why it's like, I don't exactly know the skill level of the audience that comes here typically, but it's perfect for the trader trying to gain consistent. So yeah, so aim, I just want to go over, I actually didn't trade this chart. I was trading another chart at the time. I forget which one, but I just wanted to go over this chart. Like this is like just a perfect chart. And there's so many things I want to show in this chart. And I was looking at this chart and this chart looks like a work of art. And like I talked about this prior in the middle of the week. And like, I really want to go over this here. There is so much to learn about this chart aim on 330. Like this is a chart that you guys should go back and save. Like this is a, I saved it. I named it aim perfect chart. Like this is when I want to go over in this chart. Like I wish I would have traded this. This chart had a morning spike, right? It had a morning spike and it went straight into three, a little shy, a little shy of three. But like this could be considered a first resistance trade. You can also consider this the first time it actually gets to three. There's a first resistance trade. Shut up, Perry. We're not there yet. Nation. Anyway, so. I'm down, Harry. I know, Harry. Calm down, Harry. Rip. Anyway, so yeah, there's a perfect first bounce on this trade, right? That we get a nice push up and we get a perfect first bounce on this trade right on VUOP. Like it's perfect. Perfect first bounce straight up. And now you have like a little perfect simplest short here. And this right here proves why on the first bounce you always take some before, right? You always take some before the high day break because it might not happen. So you want to take your profit here. This is also why if it's on a simplest short, wait for the top to form and you short here. This hold right here is the reason why on the simplest short you always have some covers down here in case this holds and it doesn't. Like the simplest short and the first bounce are kind of mirrors, right? So you have a perfect first bounce. You have a perfect simplest short. At the end, like either the longs are going to win or the shorts are going to win, but these are the entries. Like if you're short bias, you short here. If you're long bias, you get the first bounce. You have a perfect like double bottom VUOP hold consolidation right here. It's holding and then it rips up as a perfect VUOP double bottom for the long thesis. And then you get this push over the higher high, you know, and then you get a lower high that's holding VUOP. Like this is perfect like for an entry kind of right here. You know, you get a push up the first time it hits three. You can kind of see this first resistance kind of trade right here. And this is the reason why if you take the first resistance short, this is why it has to be an immediate cover, right? Like there's just so much yes on this chart. It's like everything, like all the reason why I have my rules is on this chart. Like this is why, you know, if I short a first resistance here at three, this is why I don't hold it because, you know, like it's a front side short. Are you better front side cover it or it's going to, you know, it's going to rip or not going to rip. But I mean, the chance to rip is just too great, right? And then you come back here. I mean, Bao said it today, I saw, I looked back in the chart and he said, Hey, the first time a stock gets to VUOP, you know, a long drop to VUOP. The first time it's normally a buy, right? And if you want to zoom out, this is like a little mini. This is like a little mini, sorry, a major like a, this is a first bounce on, on this, like this little timeframe. You want to consider this a big larger timeframe move. This is a first bounce on the larger timeframe, right? This is a larger timeframe first bounce. There was one more thing I wanted to, to mention about this. And, oh yeah, like, like I took a first bounce trade this week on SFET and it didn't work because there was like, there was like a little consolidation right before my entry, which is always crappy. Bao talked about it, like when there's orders that block your entry, it's really annoying. Like if you want to imagine, like whatever your timeframe is, if you want to imagine, like, oh, here's a little move from, from like here, from like 290 up to 340, you would consider this to be a little first bounce area, like 310 right here by the niche. Why doesn't this 310 work? Well, because it consolidates here at 321st. That's the same kind of, this is the reason why my, like my SFET first bounce this week kind of failed, is this kind of stuff happened. So like you can see it, how like this kind of consolidation ruins the first bounce for like this kind of move. There's just so much on this chart that like, I love this. Like a lot of my rules and the reason why I have my rules is on this chart. Anyways, I just want to go, kind of rent about that chart. It's a very pretty chart. APOP, it wasn't on my radar at all. I mean, for short, right, because I think a chat room was on it. And also I was focusing on APT and HTX. So I didn't actually have any plan on trading it. But then, you know, the zombie hour came. And when I see that, it kept, you know, dipping at VWAP right there. And I saw that it's like low highs. And then I just like the wedge right there for me. And so I said, all right, let me put some here at 3.6. I believe it was like 3.6. Risking is like 10 cents, basically right under VWAP. And, you know, my goal is just to cover and just to sell into that resistance like 3.8. That was my plan, like 30 cents. I was like, you know, small shares, just like 1,000 shares. But it's just like small and, you know, quick few hundred bucks. But, you know, I'm glad that I had the right thesis because it tried to break under VWAP, right? But it's just like dipping, dipping. And then it put the wedge right there. And so that's why it gave me the confidence. You know, I'm not good with long. And usually the one that I really want to have a little bit more size on is that the one deep below VWAP, reclaimed, and then deep back to VWAP. And then, you know, goes off from there, you know, breaking that 3.8 or whatever. I mean, if this one deep to like 3.2, I would say, 3.2 and reclaimed back and then just put the wedge right there, I would, you know, probably have really, you know, more size at 3.8 to break out. But since it didn't, so I just, you know, took the easy, you know, trade on that one. Yeah, but, you know, I'm not an expert in long, so. Yeah, well, let me just add something there. Like, Harry goes over this in this video, like, and it's funny, he went over it like the day before I was going to go over it, so I didn't have to. But he talks about that, that's when the, at the longer, you really, really, really want the stock to show its cards like that. Like, that's the terminology here and I use is showing the cards. Like, when the stock flashes down, proves, shows you the cards. Dude, there's support right there and flashes back immediately. You know, and like, right then and there, that's the bottom. You can buy, risk that comfortably, safely. You're really sure it's going to fly up, flash, flash figure that one out. And message me, it's like, hey, this is a setup I like to do. And I'm like, dude, that's been about, I like that setup too. Like, like you said, if you flash down and came right back, like it doubles the setup's value. Yeah. I mean, there's still a lot to learn for long, but I'm, what I'm trying to do is, since I'm not good with it, right? So I try to put all the odds in my favor. It's like a hot check, you know, good volume overview app near 1030. You know, it's like, I'm new at long, so I just want to play it safe. It's like, I'm not, I'm not even good with first bounce. I mean, what I want to see is stock is really go parabolic, you know, try to, try to break, but couldn't. So I just joined the trend and basically, you know, took some of it. That's all. I agree, man. I like it. Do you one shot any specific setups? I sometimes do. Yeah. Sometimes I like to just one shot. But normally those are on like low hanging fruit setups. I'm more, I'm much more likely to one shot a low hanging fruit than I am any other setup. Just because the setups I like to one shot are the setups where I'm really confident in a line or where I have to be confident in a line like or an area to where, you know, like kind of like what you did at with IFRX today, that's the kind of time where I'll just one shot something like or, or one to two shot where like it's, I don't have, I'm not very good at scaling low hanging fruit. I like to just put an order there, get the fill and wait for it to go to my target. No, IFRX today wasn't like one shot for me. Right. I just, you know, split the covering into two pieces. But, you know, the entry was one shot, one kill basically. So on a long side, here's the deal. I can't like a one shot trade I will take is like a VWAP reclaim trade. However, what I like to do instead, and this is just my personality and I've talked to them on the phone about this today, what I prefer to do instead on the long side, just because I, like psychologically it's really hard to like short lows or buy highs, like buy breaks or short breakdowns on the breakdown or on the breakout with full size. It's very fucking tough, like psychologically. So normally I like to put the size on there. So I typically try to ease into the trade like 50% or a little bit less and then on the break of the, is where I try to put the size on. Like so it'll, it's like two shots. But like, you know, I only put the size on the one entry, but it just helps me psychologically to know that I'm not entering my average here. I'm, you know, I'm adding to the position here. I don't know, it just, I prefer to do that. All right, thanks guys. All right, thanks everybody. Yeah, yeah, go to bed, Tom. You're probably exhausted. Yeah, bro. Gotta hit the bat now so tomorrow I can overtake. Exactly, dude, exactly. Thank you so much for watching our video. If 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 MIC or any general trading questions, please text Tosh using the number here. Also, stay up to date by watching some of our most recent videos right over here.