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It's Harry Haas here. And today I'm going to be kind of going over a simple dip and rip pattern that everyone can learn. As always, I'm not a licensed financial advisor. This is not investment advice even if it seems like it. Education purposes only. But yeah, I just thought that I could talk about this pattern a little bit because it is something that I have been seeing occurring a lot lately. And I thought instead of going over all my trades and stuff like that, I'm just going to go over this kind of pattern for this week because I think it's like a really big kind of pattern. And so yeah, let's just jump right into it. This type of pattern is something that you can focus on a lot. It's something that I've been seeing occur a lot. And I guess it's really something that is more like a play it as you see it pattern. You can't come into every single day saying, all right, I'm just going to play the dip and rip pattern. I'm just going to do this because I think that kind of mindset is a little bit toxic. And I think that kind of mindset, we're really just looking to kind of play line to line. We can't go into every single day expecting the stock to do this pattern. I think it's good to kind of learn multiple patterns. So when you learn first bounce, you can kind of play it as you see it, right? You can say, okay, wow, I've identified a niche right here. This is something that I need to. There are people that do focus on like the low hanging fruit setup. That's something that's like, you know, a type of pattern that is usually kind of guaranteed to happen because on these day twos that are kind of broken and dead, we know that the odds are significantly in short favors. But for stuff like this, you know, this could spike all the way at the open and then you're like, oh my God, like I missed it, you know, I've, you know, maybe you're looking to play a first bounce on a scenario where it doesn't do something like this and it does something completely opposite. So this pattern is always kind of a play it as you see it one. You know, you can't be going into every single day saying, okay, I'm only going to focus on the different strategy because, you know, we might not get different reps for a week and you're trying to long every consolidation after a death candle. And then you kind of get screwed, right? It's just like people who go into the market saying, all right, I'm only going to focus on first bounce. I'm only going to focus on first bounce. You know, what if what if first bounces don't come in this type of pattern comes around? I think what everyone should do is I believe that, you know, this strategy is kind of, you know, it's not similar to the first bounce, but it's like if you have kind of a toolbox of patterns you've learned from watching the video, you know, it's just like kind of a lot of things like, you know, there are some patterns that happen a lot more frequently than others. This is a pattern that I've been seeing has been more frequent and these type of market conditions. But again, you know, this pattern may not show up again, you know, what happens if we get a fade, what happens if we get a pop at the open, right? There are so many different scenarios that can occur. This is just one. So if you've watched my first bounce videos, you know, don't just throw away first bounce every day, you know, actively be looking for first bounce and actively be looking for other long patterns that I kind of talk about in my videos, you know, there was one pattern that I talked about a while ago where we kind of go up at the open, we consolidate on VWAP and then we go higher, you know, that that pattern happened with, I don't know, it started with an A and it happened on Thursday. But I remember watching that pattern and say, wow, that's straight out of my video, you know, but it's like, you need to kind of, I think you need to learn like maybe two or three patterns and say, okay, I know what the first bounce looks like, but you know, there's no first bounces today. So instead of just, you know, throwing in the towel and walk your way, you can, you can kind of learn like multiple kind of long patterns and say, wow, this is the dip and rip straight out of here is video. You know, I've seen the pattern, I can identify it, you know, now I can trade it, you know, or, or again, maybe the stock, you know, pops up and you're like, oh my gosh, wow, like, you know, this, this is a great first bounce candidate. This is something that I'm going to take, or maybe you've seen the VWAP one again, where we watch, you know, the stock kind of come up, grind on VWAP and then go higher. So all my videos, I think are really, really, it's important that you watch all of them and not just say, because if you focus on one thing, I think a problem is, and when I read the DMs every single day, it's people just trying to focus on one thing. They're like, well, I watched your volume video and I saw that there was, you know, some volume kind of that dried up. So I took along there. I'm like, yeah, man, but this is right after a death candle, you know, the stock is dead now. And they're like, oh, okay, you know, I understand. So I think having two, three, four, uh, you know, uh, things that are going your way for the trade is something that's really important. Like if you're like, okay, it's a hot chick, you know, just down dump to a crucial support level, it's holding, I think we can go higher, that's four things already that you have, that's four things. Instead of just saying, well, you know, I'm just going to along a depth, see what happens, you know, are we up trending? Are we down trending? Is there a death candle? You know, I see a lot of questions in weekend mentoring that are like, man, I saw a death candle and it recovered. I don't think the death candle strategy is a viable strategy. Well, it's like, man, you know, if you see a death candle recover, just stop out because, you know, like, you know, we talk about in weekend mentoring, after the death candle, we're trying to short into pops and then risking high a day. Um, you know, that is something, you know, that like 90% of the time will work, but you're always going to get a percentage of the time that doesn't. And that's why we have risk management. So I think it's really important, like not to look for a sure thing every day. I think, you know, learning multiple patterns is really good. If you have a playbook of three patterns, I think that's really all you need. Hey guys, my name is Tosh Bradley. I'm one of the head mentors and moderators of my investing club. If you have any questions about getting started in trading, getting started in the MIC, MIC in general, text me at two, one, three, four, five, eight, five, nine, nine, seven. This is not a robot. It is me directly on the other end of my business line. And we'll get you in the club. We also have special promotions going on that I can get to you depending on your trading needs. Hit me up. That's a video. You know, there's a lot of people who are consistent with low hanging fruit doing the same thing every day. And that is, you know, perfect because we get the low hanging fruit pattern every single day. But as a long trader, you know, we're bombarded with multiple things every day on these hot chicks, right? We have stocks that go straight up and then dump. We have so many different scenarios. So I think longing is something where it has kind of turned into an art for me because I'm like, oh, wow, there's the different pattern. That's something that I like. And then I'm like, oh, wow, that's first bounce. So I think it's important to kind of watch multiple videos, definitely get educated and, you know, use, use my videos to say, okay, well, I put this and this and this together. Now I have a proper kind of playbook instead of just saying, oh, well, first bounce hasn't came for the week. I guess I'm not making any trades, right? You can learn something like this. And at least you are having, you know, two patterns in your playbook. Now you watch another one of my videos. There you go. Three patterns in the playbook. You can back test. You can get better. You can watch on demand. So I really would kind of, if you're looking to get into longing or if you all are already longing, I think it is really, really important that you kind of focus on trying to learn multiple things, multiple strategies, find what works for you, you know, always have a set risk, always stop out. But I think it is very, very important that you're kind of trying to learn multiple, multiple patterns because we have different things every single day that can make you successful. But anyway, that was just a little, little rant on kind of building a playbook, how to kind of do it. So yeah, let's get into the criteria for this one. So obviously we have a pre-market, we have a pre-market push, we have some nice actions, some nice uptrend pre-market. The market opens at 930. We kind of get a dip down. We have, you know, the stock try and go higher. It's usually kind of a stuff move or a lot of anxious longs trying to get in, hoping that it goes higher, breaks is high. Usually it's like a whole number or a half dollar kind of up here. That's kind of what I usually find. So we kind of get a stuff into that number and then we kind of go lower. What we're getting around this 945-ish area or it could even be 935, you know, it's just kind of ish because there are, you know, different things that can happen at different times. So we're kind of getting some consolidation right here. It's showing me that it can't break down. It can't break down. If the stock is a little bit under view at, that does not bother me. If this is a very, very big death candle, that bothers me. So we kind of want a slight pullback rather than a big, big death candle and a big, big panic. But again, that's why we kind of have this consolidation for a couple minutes to show us, okay, the stock is kind of starting to grind higher. It doesn't want to go lower. It's grinding higher. It's trapping shorts down here because, you know, the minute that this stock pops to an area like this, we have all longs chasing. We have all shorts pressing the buy button. The odds for longing are significantly higher because you have all these shorts who are trapped. They're forced to cover. You have all these chaser longs, then combine it with a pumper, combine it with other things, and you have a really good case for a long trade. You know, I'm a fan of taking the strength while you can. So that's why I like to sell a little bit early on these. I like to sell, you know, when I like to sell into strength because the minute the strength goes away, we could be in for a big dump. Because remember, we have all these people who are chasing when they finally see it start selling off. They get scared. They get anxious. They press sell. They're like, I'm already in the money. I'm just going to take it off here, right? So that's something that we need to remember. We need to think about everyone's motions. We have trapped shorts, number one. We have chaser longs, number two. And now we have pumpers. And usually we're going to almost always have a pumper. And usually up here when they see the stock start to go, they're like, all right, I'm in 20,000 shares or, you know, whatever they say. But, you know, that's also something that you want to be kind of aware of. So this is the kind of play by play. Obviously, I've talked about this hot check or hot check. You know, it's an uptrend. It's usually a lower float. You know, don't don't chase within the first few minutes. Wait for a dip down to support. Wait for some consolidation so it doesn't dump. Let shorts get trapped chasing the weakness. That that's something that is also because a lot of people who are short and are usually shorting into this kind of support. I mean, at MIC, we're always teaching to short into pops. You'll never hear me or Tosh or any of the mods talk about shorting into weakness. We always say, wait for a pop, wait for a pop. And, you know, kind of risk like into like kind of risk a little bit over that pop. But on a hot check and something like this, you're going to hear some someone like Alex say, you know, this is an avoid to short in the first place because this stock is a hot check and a stock that someone is really paying attention to. Right. So yeah, and we're always looking to sell into strength. So immediately when we're getting this big strength candle up, I'm looking to sell because, you know, I've I've already been, you know, corrected at least sell half, you know, pay yourself because, you know, this strength can go away easily. And next thing you know, you're getting a dump and you're back to break even and you're kicking yourself. So that's why I'm always a big advocate of always selling into strength. I think it works really well. It's just like, you know, covering into weakness when you're covering into a dump. Right. So it's always something that I am always aware of. I'm always in chat, you know, hit me up, send me a DM and maybe we could even, you know, talk about stuff like this. 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.