 One of the most common questions I get asked is, you know, how do I start day trading? So what me and my mentor about it for our viewers on YouTube is create a free mentorship course that reveals our 12 secrets that every single brand new day trader should know before they get started. But please take note that there is limited seating every single week. So please reserve your spot at myinvestingclub.co. Link is in the description. All right. Enjoy the video. All right. Thanks guys for coming. We could start now. Oh yeah. For some reason I was thinking we start 10 minutes after. We normally start five minutes after. Cool. But anyway, guys, welcome guys to this week's, yeah, Tosh, do you have a camera or are you just? Oh, you know what, man? I'm still trying to figure it out because like I had, I think my camera is here. Let me see if I do. Hold on. I mean, I had like, I had like put something over it and I think it scratched my camera because like, dude, I'm still fucking paranoid like the FBI looking at me while I'm freaking trading a shit like that deal. I swore to God. Let me see. No worries. Well, I'll go over the table of contents. All right. So now one other element of consistency, there's, I got two more slides and this one is all about avoiding the big loss because the big loss, getting caught in the runner, that's really going to fuck up your consistency. I don't care who you are. I mean, I'm assuming a lot of you guys are short. Longs don't have a, normally, longs don't have a problem with bailing because once longs fucking fail, like longs know they won't come back. Shorts always have this. They're going to come back. Bullshit. But yeah, like, you guys there? I didn't just stop the feed, did I? I can hear you, buddy. Okay. I totally thought I'd just hit enter and like everything paused for a second. You good, man. Okay. Cool. But yeah, guys, avoiding the big loss is so crucial. Avoiding that big red, assuming that you address all the problems in the previous slide, avoiding that getting caught, just caught or like getting emotional shoving, avoiding that big loss is a huge factor in being consistent, right? And just let this mindset sink in. You can't get caught if you don't short or cap your size over VWAP with a stop, of course. You can't get caught if you don't short over VWAP or if you cap your size to like 300 shares over VWAP. You can't get caught. Yeah, guys, you got to understand what get caught means. Obviously, you can get caught in a squeeze, but we're talking about getting caught in a situation where you're like, oh my God, my trading career is over, my mental capital, I don't know what to do head in hands or you're just at that breaking point of like, oh my God, I regret the last five seconds of my life. That's what we're talking about. Look, dude, everybody gets caught somehow. I've gotten caught in a squeeze. Yeah, oh, yeah, this isn't, you can't, you can't avoid getting squeezed, but like, of course, getting caught in that position where you're fucked. Well, awesome. It's like, dude, honestly, once a week, one stock will squeeze me and I'll just be like, fuck, I got to cut it for a lot. But then maybe I make it on other place and there's probably one stock a week that you and Harry get fucking dumped on, dude. And that's the way it goes. So when you protect yourself, the safety belt keeps you from flying out the window, man, like in fricking zombie land one, when they do that, when they do the parking brake and the zombie go out the window. Oh, man, that's too funny. But who is, of course, set your fucking heart stop. That doesn't need that. That avoids the big loss. And so you guys should memorize this mentality. If it's memorize this, if it's up a lot, I can wait for under VWAP or the death camp. Oh my God, like it's so simple. I want to shake people like until they get it. Like, dude, when I see guys DM me and like, guys, trust me, I mean, me and Austin are very patient people, man. Thank God, right? Thank God, dude, like, let me tell you something, man, if a stock is all front side, wait for the wait, wait for the death. What is wrong with you? Just wait for the death camp. How hard is it, man? I remember when it was like to be new. I totally remember. I'm not making fun of anybody or anything. I was there at one point, wait for the death, kid, or wait for VWAP under. How much more do you need to know? That's it. That's fucking it. Oh, man. And if it's not up a lot, then be careful over VWAP because, because if it's, if it's not up a lot, it can turn into up a lot. Like, definitely, definitely, definitely. All right. For, okay. Now this is, this is like the number one thing I want. Like if there's one thing from this webinar that I want to, you guys to stick in your mind in this, in this, you know, from this webinar, it's this right here. Guys, like this is, this is essentially where I, right, right. There is no one spot where you turn the corner, but this is, this was a huge helping hand, guys, is when I learned not to fucking exhaust early, do not like, if, you know, like when you exhaust, when I exhaust myself early, like if I like get down to like half of my max loss or something in like the first 15 minutes or God almost all like, I know, like I said to my, I fucking so many times if I said to my fucking self, I should just leave. I should just leave. And I don't fucking leave and it tripled. Like the loss is fucking tripping. Like, you like don't exhaust yourself early. And the way that you do this, guys. Hey guys, my name is Tosh Bradley. I'm one of the head mentors, moderators at my investing club. If you have any questions about getting started in trading, getting started in the M.I.C. M.I.C. 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. Back to the video is to not like if you have them, like just be fucking smart with your money, dude. If you have a max loss of $500, don't miss $250 on a trade. Like, don't fucking do it because you're going to lose 250 plus slippage up to 280 on that trade. You're going to like, it's going to stuff you or, you know, and you're just going, oh shit, let me get back in. Oh fuck. Oh crap. And then now you're down like in stupid, you got back in like an idiot and then you covered it right away because it was, it was a FOMO short and all of a sudden now you're down like $430 and you're like $70 away from max loss. We have $70 to risk and that's not enough to make money. And now you're just feeling FOMO. You're still opportunity on the table, but you can't take advantage and you're just so fucked. All that happened was because you exhausted early. Like, guys, you have an hour to trade. You don't have to fucking it. Like, you don't have to nail it all in the first minute. Yeah, dude, you're not Goku, man. Dude, I love how you use freaking ultra instinct right here. It's like, I'm a huge nerd with this too, man. We're like, dude, we're like fucking twins, man. I swear to God, but dude, Goku freaking comes in, exhausts himself five times over, hits his max loss 10,000 times and then reaches his full potential. Okay, Goku has someone funding his account. Bro, who is bankrolling Goku during these fights, man? Who is funding this guy? Roshi knows what I'm talking about, baby. Yeah. And guys, the easiest way to get caught, like to get caught in that fucked up situation is by revenging. It's the easiest way. And because that runner keeps fucking pushing and you lost on it short, it's pushing new highs and that just tells you in your brain, the opposite of what you need to be thinking, that it needs to be in a void because it's so fucking frontside. But all you see is I'm red and look, the stock is higher than it was, so I still have the opportunity to make it back and that exhausting leads to revenge. And so the way, like the way, like the way you guys can not exhaust early is at the open, it's outer lines only and with smaller size, like, and what I mean smaller size, I mean manageable size. It can be like a full size trade for what it is, but you don't like, like at an outer line trade at an open, if you lose on that trade and it just pushes higher than your outer line and whoa, fuck, that was strong, you should not hit max loss. That should not be a max loss situation where oh, I just hit max loss, you know, a minute out of the gate, I guess I'm done for the day. Right, let's let's really harp on this one, because I want traders to understand this one max loss guys is like the last resort of every this is not like Oh, it broke pre-marketized shit I hit max loss. No, dude, that's like you hit a day's loss versus if you're green 30, there we go. Zodja said a perfect a manageable loss due to max loss is so you be it's so look you took a bad loss, but you stay a trader, dude, yeah, oh my God, you can still trade on the day and that's the thing I feel like so many people I mean it's good that like so here's the thing guys it's good that you guys want to nail and bail it's good that you guys want to just hit a couple setups, but what I think is bad is that you guys like really just concentrate the like you concentrate well I you know like I want to make this much and it stems from you wanting to make a certain amount of money and so like if this is the only trade you take, you concentrate all of your capital into that one trade you're going to take that fucking exhausts you if it's not a right trade and God forbid another stock pops up or God forbid another opportunity on the same stock comes you want to be able to take that trade fucking freely you guys can't like be risking half of your max loss on one trade or even like a third if a quarter of your losses or max loss hits guys you're gambling you're gambling you're you're truly have a really bad risk to reward ratio you have a bad sizing ratio you have you have so much like I'm telling you right now like that is a version of gambling if you're hitting your max loss bro I how often do we have max loss awesome once a month if that dude not even that bro your max loss is not do not equate that for a manageable loss a manageable loss is something you shrug your shoulders ago okay got me on that one and that should be all fucking trades yes and then you every trade needs to be like that bro and then you see your setup again after your manageable loss and you go okay I'll make it back and if you don't make that maybe close up shop but you usually do because you waited for your confirm and you're like no less thrilled to get in another one because your process is there and you're no less scared you're not scared oh man I'm I'm tired I'm gonna go kill zombies for the next two hours on cold war I'm gonna go that job dude I got cheese man yeah I'll see you guys all tomorrow thanks for coming Josh see you guys see Austin Joe 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 it might see 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