 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 All right guys, so now I'm officially recording the I think this is week 12 of the Q&A that I do on the new member Orientation every single week every single Wednesday at 2 p.m. Eastern Standard Time till roughly around like Like 3 30 or something like that But I want to now get in the Q&A part But I want to start off by talking about hard stops and for somebody who is unfamiliar This is this is a whole category in it in its own, right? I think this is something that needs to be talked about every week as a lot of people Do not talk about hard stops. Here's our videos in the video library guys. You can definitely see this link Hard stops are going to be the thing that keeps you safe, you know a lot of Competitors whatever you want to call it other chat rooms that we don't even see them as better It's just other rooms other communities a lot of guys stays You know say things like stay away from art stops I think this is the worst advice that has ever been given by any teacher or Guru or mentor of any sort that teaches stocks a hard stop is going to be the thing to keep you safe in trading Are there a couple restrictions? Are there a couple problems with hard stops? Yes, just like anything in life just like anything in trading But they are the lesser of the two evils and I'll explain why if you are a trader. Let's pull up a chart today Let's let's do a CHN for example, right? This is a good example If you are a trader who is trading based on mental stops, what is a mental stop? Let's use little actually let's use an arrow There's an arrow if you were to short right here guys, right? If you were short right, this is TOS charting platform by the way on my other monitor to my right I have DOS, but I use oh nice But I use TOS for charting because I think they're absolutely fantastic So here's here's here's my example for hard stops first mental If you were to short right here right here right here and this would this line was your hard stop, right? Obviously, this is where I wanted to get into the stock and not hit any before that but say you did and say a You know a really big move comes and you had a mental stop right here at 416 And you didn't obey it and it goes through and you're like, okay Just a little bit more a little bit more goes up to 430 maybe goes up to 440 Maybe goes up to 450 like a little bit more breaks high a day Rips your face off your deer in the headlights in circuit breaker halts up That is a problem when you could have literally just mitigated your risk and taking your max daily loss wherever it is right here So again guys, it's like mental stops. You're leading up to you. Why would you do that? I've been trading for six or seven years I can't even remember my first date, but I know it's in the six year mark And I wish I would have found me so many years ago as I would have saved Thousands upon tens of thousands hundreds. Yeah, I would have saved so much freaking money. It's absolutely ridiculous. So When you use a hard stop you have two hard stops a market hard stop Which I don't have DOS on this computer obviously because it's an iMac I just use this for webinars, but if I did I'd show you actually how to do it But Joe Kelly has video series all along that guys, you know, I don't need to show you why but you can see that in the video series, but There are two kinds of hard stops There's a market stop any limit stop if you guys were to use say this was your risk line And it blasts through your wrist line if you had a limit stop right here on through scaling here You are going to get blown through the water because it's going to rip through and it's not going to come down and fill usually And then you're left with a terrible average and it's ripping on you and then it's not stopping you out You got to use market hard stops to officially get out Do your main corporate some slippage as it acts as a market order But again guys what's the lesser the two evils the one mental stop that just rips your face off every now and then then you lose Weeks and months worth of gains or the hard stop that got you out with slippage And then you're guaranteed for the most part safe, you know again, there's always this is the market You know anything any anything can happen, but you got to stay safe as much as you can and market hard stops are the way to go Now let's open this up to a Q&A. Does anybody have any questions that? You guys want to ask today that maybe we could talk about or Topics that you think you need a little bit more clarification on be shy reach out and we can get into this. Oh I think I actually missed a couple really quick before I get in the new ones How do I get onto those webinars that are not on IG? Oh, what's up buddy? So if you're talking about the YouTube lives on the zoom files, you just need a zoom link. So, you know Austin or Bowell post them in Daily recaps they'll post them here. But if you're talking about like Alex's YouTube live, just go to our here. Hold on one sec This is how you're gonna get into our YouTube lives you're gonna go to Where's our link you're gonna go into our link when Alex does it home right here YouTube.com my and my investing club when Alex does the YouTube lives IG lives you click you click right here on the profile You can see those when we go live. So I hope that I hope that answers your social media questions Um, is the archive available for lifetime and annual members? Yes, only that mark if you want to upgrade reach out to me and I will upgrade you so you can get access to that But yes, they are because we poured a ton of money into that So you guys can have a backup digital notebooks a lot of freaking cool stuff, man Um Menard what's up, buddy? Let's uh, is there such thing as lines overkill what line should I keep on? Hey, yo Alex was up, buddy. You just came in for the Q&A Welcome, buddy Let's see. Is there such thing as lines overkill? Absolutely. What line should I keep on chart pre market or daily? So here is a fantastic example of something that I want to show you guys The okay, so let me let me remove this because I didn't have these drawn so really quick Let me introduce every single morning. I usually post these to chat I didn't say but these were the four charts that I was looking at I had that right here before that one example I had that right there these are the four stocks that I'm usually looking at. This is my template for TLS I'm usually looking at four stocks in the morning with maybe, you know, I've got a bunch of monitors So on my other monitors, I've got a couple that ran like two or three days ago That I'm paying attention to but this is what I was looking at this morning So obviously I like to scale and if anybody is unfamiliar with scale is you're adding Like if I wanted to scale this whole move, it's putting my first entry here It's maybe going a little bit more and going it more as it as it goes up. That's what scaling is now. Oh Let me remove a couple of these. I don't want you guys to get confused So lines overkill. Yes. Here is an example Menard So what should you pay attention to daily if something has not conformed to volume? And if it has not conformed to the chart yet, what are you paying attention to right? So on a fast on fast, right? I'm paying attention to because it's front side of the move. I'm paying attention to daily lines I'm the literally input daily lines of resistance that I think are pertinent. Maybe, you know 510 looks like a great one, you know, whatever it is 538 and then obviously these psychological price targets that everybody sees on the daily chart But let me go back to a three-minute chart if if if this thing has backside already Like a CHN does I am inputting the lines based on the pre-market as where the bag holders because I'm a short bias trader So this stock is obviously like if you go live in the morning, this is not backside of the move whatsoever In fact, I only put this up when it started to break down then I was like where would a good reshort be When this broke down here and everybody was out I go where would I want to reshort it? And that's why I drew this specific line. I didn't have this up in pre-market I had this one this one and this one up in pre-market So this was a area that I wanted to reshort which was right here. Obviously. I was prepping for this webinar I didn't get it. I just wanted to do this for the example of the webinar But my point I'm very distracted on the Wednesdays But my point is is do you see what happens when something tops? I'm looking for retested the previous top boom retested. This was the area why scale and it literally did it perfectly I could have caught this move if I was focused Which I'm never on Wednesdays for trading I'm here to help you guys But in the mornings this already had a ton of pre-market overhead So where am I inputting my lines if I wanted to input all lines I just usually put in an area zone of scaling. I don't put in a ton of crazy lines I put in the one area. I know that if it goes in there I am going to scale the entire area with a risk or a hard stop like if I want to scale this whole area This is a hard stop out right like when it breaks this line So, you know, this is my area of entry great I put a little on put a little on put a little on put a little on Whether you want to break it up halves, you know quarters eights whatever I like to break it up in quarters I usually do like four entries like a starter add add add and add Mark you can find this on YouTube buddy as this is open up to the public All these webinars will upload this either tonight or tomorrow that you can see this if you have to run right now buddy So, yeah, you I've seen traders who have lines like this man line line line line line That's lines over kill guys like that. That's just ridiculous like you do not need to be drawing lines like that That's just gonna make you crazy in the head Right, that's gonna drive you absolutely ass night. So again, if it's in front side I'm using daily chart lines where the lines on the daily chart if it is in backside I'm playing the pre market levels where it's already conformed whether it's already failed things like that Alex wanted to ask about zombie hours. Is it from 10 30 and until what time? Here's the thing about the zombie hours. Let me be very clear Every single day before 10 30 Eastern Standard Time is the time where retail traders are mostly playing and you know The big money and the algorithms are not in massive control. So this is a time-based stamp, right? Like this is a timeline is why I love think this one so much. You can do like horizontal vertical after here It's not that just for an hour after from 10 30 or I'm sorry Yeah, 10 30 I still go by Pacific Standard Time. It's not only that this is the zombie time It's the zombie time technically for the rest of the day as see as this is kind of zombie But here's the point. This is the general area where volume drops. I mean, dude, look at this Dude, there's no better example Alex dude. I know you're screaming through your computer right now for me to show this But dude, look at this you fucking kidding me. It's on the dot. This is why we teach the zombie hour Here's where you want to make all your money short Here's where you want to very much very much Re-evaluate whether you even should be short and this is where the time is that longs really can you know Like really make a difference in their training and like they can they wait for these moves So volume drops off after the first hour then algorithms tend to come in sometimes I rip this up There's no coincidence that it's literally like dude It's like right here into the time right like see how that works. It comes back man It's like oh, it's just kind of on the nose So, you know volume drops off them boom it comes back and then it should that's what happens So, you know guys when it comes to zombies be careful I like to make my money in the first hour every single day and that's just the way it is But look at this zombie move. This is a perfect sign that volume comes in and then it's blast off makes new high a day now, you know, it's kind of It's kind of breaking it's still front side in my opinion. This is no backside on PHA PHA S It's over five dollars. I'm not super into this for a short today I'm gonna wait for tomorrow as what is it day two low hangar look like and that is something like this and then GHSI I drew these lines and areas that actually I didn't draw this one because this I wanted backside first So this one I waited for a breakdown and then I waited for a test of an area that I wanted to scale if it came back Over this morning paint. That's what I do sometimes So I let all this happen and then I said oh it top now if it comes back into this area This is where I'd want to scale With a little bit of room as this has been up for you know, look, this has been up This is a multi-day runner. This has been up for a couple days. So I'm not exactly Looking for a short on this until tomorrow because what's tomorrow a day two Continuation play from the trend breaking day to continuation Literally means what it is it's broken the first day and it's continuing the broken trend in a day to day to continuation Even a CHN is technically a low hanger. It doesn't necessarily have to be a day to low hangar That's a continuation play a day one. This is technically a low hangar. There's a lot of bag holders This low hanging fruit where the lines draw the lines draw the areas of interest Alex nailed this move today because it was a low hanger again. There's another low hanger NB EV Yesterday I wanted this area again. It reached off just the top of my line and through this pre-market literally I can't believe it down did down at the scent, but I wanted in here for a scale. I didn't get high enough I play safe. I play outer lines. So I didn't get what I wanted. But as you guys can see this is a good example Ghi when this had already kind of topped and broke down. I was like, where's the outer line? I'm looking for more, you know the 88 cents I don't short anything under a dollar, but I did put this for the sake of the example You know, I like retest of tops that are put in with the consolidation and the area that is coming out of it But you know, yes, so as to go back to your original question, buddy is the lines over kill. Hell, yes You need to you need to draw the appropriate lines If you just drew every line that you ever saw you're gonna confuse yourself Wanted we did the zombie hours. Where can I find any information on death candles? I heard it in a video briefly But was searching for all the videos and couldn't find any further information, you know We talked about death candles a lot buddy. This is death. You know, this is technically a death candle. Um Right here, it's not one that I would chase short on because it's still over VWAP, but again, you know That's a death candle. You know, that's a candle. That's just like oh shit like people are bailing in a moment and this not only Slammed down it broke it broke the pre-market high of day And then was you could have theoretically scaled this into the five for a reject and then not completely now It's under VWAP and it's up to you whether you want to cover as it's still front side So I think it requires front side covers. This is nothing I'd size into yet until day two This is more of a size into this is more of a size into maybe this but again, you know, that is That is the definition of a death candle, but it'd be better if it was bigger and slammed through VWAP Um, Alex, what's up? Where can I find? Yep already said that. Um, how can I put an OCO order in TOS? That is a very complicated order, but it can be done and Joe has a whole video series on this NFV Uh, so because that's already done. I will let him talk about it as I don't even use OCO orders But Joe has a video series on this in the video library. Um, which I'm gonna I'll just show you how to access Which you're gonna want to take advantage of Remember videos signing with Slack Joe Kelly trading basics. This is this is the category. He's got he's got videos in here on that stuff, buddy Uh, let's see. What is outer lines? So perfect question caveat. I uh, I think do I still have that choice? I don't so I'll just go over on this Outer lines outer lines outer lines outer lines Let me draw a line. This is technically a line I think this is technically a line now. What's the difference between these lines? I wanted to use the outer lines This is an example if I were to scale in here in the morning, which I did not If I couldn't hit this all Um, this is an inner line. See how it's a line It's a line of resistance because it's top right here if it goes up right here This is a low hanging fruit, but again, you want meat on the bone. There's not much meat to short right here I do not short an inner line if there's no meat to come down As you can see this is an inner line in a blue right through it The best odd scenario are to hit the outer lines as it came into here And this was my scale zone like this is an outer line waiting for it to make a tired move If a stock is like a jogger as that always states He's jogging he's jogging jogging then he's oh man. I'm tired. I'm tired. I'm sprinting. Oh, shit That was a long fucking journey. I gotta go back home. Oh now, you know, these were outer lines This was an outer scale area that I usually use and then both came back down So that was spot on today for watch list What are death lines for phas? Well, just this one in my opinion. That's the oh death lines. Oh, sorry. I thought you meant death panels 475 or 450, you know now that it's up I don't like force it. There's just too much support again a death line guys Is a last resort support like honestly the true death line here is like Even that's iffy because there's a little bit of pre-market holding it up I'd say a true death line would be like 430 for sure Yeah, because there's really no volume in this one candle. I'd say 430. Yeah I mean, here's a neckline though. If you want to breach it out to a neckline if it breaks this level It's not looking good for the stock. But again, you know, you want to be for sure I say it's got no chance of coming back under 430. So that's kind of like red death line on that would be Um Hey, Josh, can you can you please drop the charts in after hours in slack? I'd really appreciate Uh, yeah these but like you want to see these? Sure. I think it's screenshot this After hours Charts we're talking about now in a webinar Come join the webinar if you're not already in here. There you go. Uh, where was I? Where was I? No problem, buddy Um, Tosh, how many positions do you feel comfortable being in a great question? Great question. It all depends if the criteria is there I will be in four stocks at once managing them all correctly if if if my criteria is there No more than four. I've tried five or six. I can barely handle it as then I got a size down So I pay attention to all of them. I can easily see four charts just like this I line this up in my DOS on my other Um, on my other computer just so it mirrors this, you know, so I can pull the triggers that You know, just click away But um, I can see four four charts easily have my, you know, fantasy orders whether they're right here Whether I'm waiting for a death line snap of this to you know reaction jump in Whether I've got fantasy orders on something like this or this so again, you know, whatever fills I'm not paying attention to but when it comes to how many I'm personally comfortable with I know a lot of traders who cannot handle more than one maybe two I have tested my limits and I found out four is usually my sweet spot But ideally if I can only focus on two at a time I am able to size into two and not be so stressed if I'm in four stocks at once and I'm like, oh, what should I size? Obviously if the play is there I'm playing the play Anything based on p&l. I try not to play p&l anymore Six. Oh, what's up tom? Hey, buddy. Just had a birthday recently. Happy birthday, but um Here's the thing man The more you spread yourself thin in trading the harder it's going to be right So as new traders, I'm the last thing I would tell a new trader who's trying to find consistency Is yeah, dude, you want to get into three or four stocks? No, dude You want to you want to find one niche? One setup that works for you every single day, whether it's a low hang or yo But whether it's a low hanger and you size right here or you wait for like I did today If you if I don't know what this is going to do in the am and I'm going to be safe about it Sure, I could have scaled this morning move. I didn't want that I wanted this to top then put the area of a retest for scale then hit something in here That's a safer play in my opinion. Um, and it's kind of called the first resistance on based on topping form earlier Thou is very keen to trade these all day. Where is it top of four? There's no reason why this literally just failed right here because this put in a top top top top right here in these candles So again, I think this has the potential to move back up here where the real tops are But again, you can even channel trade things like that. You see what I'm saying So the whole point is is don't spread yourself in if you're new find one strategy one niche one setup Nailed that shit every single day. These are my favorites a day one low hanger outer lines Or a day two low hanger in outer lines, but again, I didn't get my fill because I was Oh, I just I was a little bit too patient on this one. So that is the difference Focus on one now master that become a master of one not a jack of all trades Don't try to trade four things build bankroll and then get to the point where you can focus on four different setups or four different charts and tickers Jerome, what's up buddy? Is it a good practice to set stop sell market orders below the death line? Is this also considered hanging the bid scale? Oh, you know what? This is a really good question as a lot of traders ask me this, you know, honestly, man I don't think so. I don't like Setting fantasy orders on a death line. You can talk to many different traders and depending on their play style They will do that. I am a reactionary based trader. So what I will do is I will slam Either if I'm anticipating a little bit right before a death line break if it's breaking some major necklines on the way down Or if it is a death line break, I I'm slamming or I'm then setting preset limits for it to like Say this was a death line snap to pop back up to fill, you know what? I mean, like if that was a death line little pop back up to a death line down here Um, I am not just putting orders in here to if it breaks it does that I just I don't know why I don't feel comfortable like that personally With fantasy orders, I will set preset limits all day and stops and stops for sure and when it comes to stops You know, it like it depends on how you're asking this question Is it good practice to set stops sell market orders below? So like are you long? Like like is are you long and then if it drops through the death line, you should set a, you know, a market out Yes in that scenario. I totally agree. But if you are, you know, short and you're just going to trigger if it breaks I don't know if I like that, you know, I mean things like that. So um, let's Let's do where am I, uh, would you say fantasy orders are easier to place as a short Uh trader. Yeah short trader not sure but uh, would you say yes? I would say as a short bias trader It's much easier um to do on the short side because you're looking for overhead. Um, I mean You know, again, I'm not a long bias trader. So I While I can answer this I can I almost would like someone like austin to answer this more than me because he does long But fantasy orders for a long is also the same thing if you're looking for a first balance You can do them in the areas that are designed that are Notches or consolidation points or things like that, but I I like them for shorts And I think they're a little bit more self-explanatory. I do. Um Anticipation versus confirmation. Is it possible to wait for content confirmation and be too late in this move? Absolutely. Are you kidding me? Oh, yes, definitely But I would rather go with confirmation above all else because there are different kinds of confirmation There's some confirmations where you can be too late and then there's certain confirmations where Um, you're not too late. So, you know, like here's a good example If I'm waiting for if I'm anticipating this scale right like a chn And I'm like man like I know this is my area per scale But like I want to size in or start scaling at 410 That's not confirmation into my area Like that's not necessarily a technical confirmation even though it kind of is but I'm willing to scale in here So I'm waiting for the confirmation that it breaks this line Um into my area per scale or you see a stuff move at like a whole or half dollar number Like that's a great confirmation that hit, you know on the pop back up Deathline sometimes the deathline comes and guess what it does It breaks then just keeps flushing and then it's a little too low and you can't chase it So while you waited for that specific confirmation Maybe it kept going without you and you're just gonna have to miss it and sometimes that happens But um on confirmation you want to wait every single time for confirmation It's the safest play if you're anticipating down here for it to get up here where you're full size I don't like that. I'm waiting for the confirmation for it to get here Maybe reject a little bit in here hit this channel and then I'm going in I'm not waiting for like here here anticipating to spate. Um, and then when it comes to like a like a deathline, right? Like um, if I have my deathline at 4 30 I don't want it. I don't want a confirmation just above it or I'm sorry. I don't want to anticipation just above it I want it to break convincingly Um pop back up to the deathline. That's my confirmation. Then I'm pulling it. Uh, I hope that's clear I'm a little bit chaotic. I just had a coffee Uh, as I understood from the video library you use three minute charts for trading and daily charts for lines Uh, well, it's just a nice. Thank mark Um, Alex pirate. What's up, buddy? Um, it's it's not that I use like, um Lines for just daily charts. I just here's what I just used my two time frames are a five year with a day Which you know, each candle is a day, but I like to go back five years to see them important lines Um, you can take the wop off so it doesn't distract you and then I just use three minute charts So like five day three minute. Um, you do not have to do this, buddy. I I love three minutes I'll never go back. I think it eliminates a ton Of noise in which like here like here. Let's pull up a one minute um One day one minute, right Is so many little ticks in here. I just sometimes don't know what to make of it Like obviously lines are line, but I'm man. I like candles I'm also as much a candle player as I am a line based trader So like I look for like death candles and really convincing ones and you know while Alex loves the one minute I just don't so I just use three minutes. I don't even know why I have a one minute program in here Like I literally just use the I don't even know I have a 15 minute like what the hell I don't even I don't look at those. So I just you look at a daily and a three minute. Yeah Because the death candles are much more convincing Um, the tops are much more identifiable. It's just less noise, man It's just less noise. Uh, it takes a little while to get used to it It took me when I switched over from one minute to three minute five years ago Uh a year into my first, you know into my trading career It took me like a month to get used to man, but once I got used to it I go, holy shit. What a fucking edge I will never go back and I never did and here we are five years later Yep So that's that anybody else with questions We've got some questions. Who got some questions? Uh, is it good to leave let's say 10 10 percent of your position short Like a ch in till the end of the day with heart. Oh, dude, I I do it all the time and and I don't even use timber I use sometimes like 70 percent. Here's what I do on something like a ch in if I would have gotten this today I was a little too focused, but if I got this today, I would have scaled in my area Which was this this is where I wanted it I probably would only got a starter on because I wanted to kind of test the boundaries of this scale range I probably would only got a star. I'm not going to make it sound like I wouldn't have annihilated this But say I would have got like 2000 shares on right Say I would have got like a 2000 starter right here in which I wanted more, but it didn't reach my outer line So say I get 2000, right? I pay myself immediately So I would have probably covered half right here And then probably added back here a little bit. So maybe I have 1500 right here with already what's understood as a cushion So I got 2000 I cover a thousand. I'm already cushion When it comes back up to my to my area or the top I want to scale back in so I can keep my average good. Maybe I added 500 here, right? So now I have 1500 I may have rode that the rest of the day Because I do it a lot. I do it a lot because here's what I do It's not that I'm so good at holding. I leave it up to my stops So now while I'm you know scaling back this I am putting a stop it breaks even you understand So if my average is right here because I'm already cushioned I'm now putting a stop. I'll change the color If it breaks this you know this level then I'm going to stop out. So then I just walk away I'm not even in front of computer. So if I would have had this it's not that I'm so good at holding I would have just fucking walked away man. It wouldn't have been up to me Then I come back and all my fantasy orders are filled, you know like down here I don't know whatever it is man. There's always a different example, but I do that a lot So it just depends on the day depends how I feel depends if I'm walking away and helping members And on mobile because I'm mobile a lot of time in the living room away from my setup With with just a max so I'm not you know, so I can't trade off that specific set up on purpose So I don't give back so I don't hoard them trade Sometimes I leave the house and I'm on mobile to help members on that So I'm so I'm not even focused on the trade. I let my stops do my trading for Which eliminates all emotion for me. I'm an emotional vet What are the requirements for a low hanger? In other words, how can I find out if it would be a low hanger first red day before it happens? Help me to be more sure by us. I love this. Um, great question caveat Number one low hanger. This is a low hanger See this it's opening or it's at least trading very very far from its pre-market highs. This is called overhead This is called anybody who longed here here here is underwater So when this comes back up these people are going to want to get out see how it kind of double top perfectly That's why I wanted to scale is a Look at that, right? So and then boom these are bag holders just getting out of their position right that we're stuck. Um Let's see anything else. Uh, this is a low hanger. This is a low hanger There's overhead from here a low hanger is either a day two that was kind of broken or just kind of treading water day one Or something with a ton of pre-market overhead um when it comes to Um, what was this second part of the question? Oh, how can you tell if it's a first red day? Uh, this this this is a first red day Stock that's been up for a couple days and then slams red, right? And then you can take advantage of that. This is this is like a first red day. Um, again, like red on here I'd have to this is to west. They don't have a ready green line. So it's a little confusing sometimes But yeah, this is uh, you just a red day is basically the first red day is a setup where a stock has been up Up up up for two three seven days and then it finally slammed red convincingly and gives Reason for all these people who are holding a chance to sell. Um, this is not a great example of a first red day Ideally you want something like three to four or five days up. I mean, this is this is okay But again, yeah, it is kind of an example. So um Back to chn you are not moving your stock from break even done Down when your line is in the money. Uh, no not no not and that's what separates me from so Many other traders do that is that is literally one of the best questions someone has ever asked me Literally because here's what I do and I'll show you exactly why I don't and I'll tell you why Because here I'm trying to get a bigger move than most people will ever manage If I am how do I even word this if I were to get in right here? Fucking great question, man So let me actually let me let me let me really kind of open this up. Let me detach this This is this is just too good of a question Let me make this one Too good of a question. Let's let's let's make this big Okay, if I'm scaling right here Right and I only got one and then this is one of my covers and then I add back here Why am I keeping I'll draw another line? Say that was my hard stop, right? We'll do it a different color. So you guys are not confused Say that was my break even hard stop The reason why I'm giving this the rest of the day to either hit fantasies or just hit my original plan Is while I'm not taking advantage of This little thing this little thing this little thing this little thing this little thing I'm bringing my average way down and then say like and I'm bringing my risk line down Bring my stop down stop down stop down is because I like to swing if I have a really good average So, you know while I'm not taking advantage of little moves Which a lot of guys would cover their full position or most of it then add back then Bring down their line bring down their line bring down their line bring down the line I want this entire move fantasy covers And I want to be away from computers and not have to manage it all day and change my line and change my orders Change the quantity and then if it really breaks down like this I'm either getting my fantasy covers or I'm writing it into the next day for a swing And then boom, what is it tomorrow? It's a low hanger that pops back here and I can get some real sides on it because now not only do I have Whatever I have from day one. There's a ton of baggies. It's already confirmed the lines of the chart Um now it's day two low hanger. I would hit this regardless if I was in day one But now I've got a great average going into day two. You see how that see how that works It's kind of like a it's really complex, but that's a great parking question. That's a really good question Uh, yeah Ah, shit that took away my lines, but whatever Uh, let's uh, nick like let's say you are short and risking off To off uh, two dollars on stock, uh, would you leave a small area in case it spikes to two and comes back? um, I think I understand you're this part of the question, but basically any Major area that I'm willing so like if I was willing to do This stock right like if I was willing to scale up to five in the morning, right? I would give it to 505 because a lot of times it goes to like 502 and then rejects right back down And because everybody's putting their stop at five So I always like to do a little bit like maybe five or seven cents Over a designated area that I'm willing to scale not really these lines because I already predetermined these or areas of interest But if it's like a new high day or a pre-market high day, I will absolutely give a little bit of last-minute live arm Um, if your stop loss gets it and I went back below. Yep, so that basically answered your question Would you reach shorter? No, I don't like to reach short. I unless it's death candles If it death candles, I will reach short, but just a rejection. I'm not going back in I am not a trader who's known to reach short To get back in either I hit it or I don't and I admit defeat I have no ego. I have no FOMO if I'm wrong and this is not my stale area Then I'm usually packing up shop. Uh, unless it's just Unbelievably waterfalls back down and it's like a nutless monkey could see that it's a breakdown that I'll get back in But I don't like to double. I don't like to go back in. I don't like to double dip I'm one of those guys who either admits defeat or I nail it Just my personal style. It's just how I'm built You know Can I play death lines at any time of the day even after 10 30 if it conforms? My abnormal volume on a five minute chart. Well, sure on any timeframe, Alex You can lines or lines bro lines or lines. It's not that we say you don't trade After zombie hour, it's not that at all. It's not that. Hey come zombie error. You don't short It's not that at all. You just want to use outer lines. You did but yeah, man I mean you can play breakdowns. You can play anything you need, buddy Ha, thanks, Alex. Glad you're watching, bud. Dude, Alex in the house, man But uh, so so um Alex pirate just to kind of fully answer your question Bro, you can trade all day. In fact, sometimes I do in fact that was very famous for it because what he's doing Is you know, he's using much our line. So this was a great example, right? This was into Um the the first hour of the day. It's going into zombie time, right? So when this tops I am now looking for a short back in this area because this is where the consolidation is This is where the a lot of the volume is and this is where the major top of the day is So i'm looking for a retest. So i'm look dude litter think about this I am a backside low hanger top previous tops player What this means is i'm gonna make this as simple as I can dude if you're a new trader and you want a short I do the easiest form of shorting Thanks. Thanks Tom. What's up, buddy? You do it's simple as it can if you want to be a consistently probable short bias trader and specifically if you're new Three things bro, three things don't overthink this shit number one Low hanger outer lines The reason why I drew a scale zone right here, which I accidentally deleted I think I drew what was it? I wanted 430 and I did it right here This was almost identical to what I drew pre-market. I wanted a low hanger outer area outer line So, you know, I wait for these if it doesn't make it to that it doesn't make you guess what I miss a miss is just a miss I don't give a shit. This is a perfect entry. I want something here where the previous top was because if you can zoom in a little bit That's where the top was people are looking at this it's kind of to get that's a top That's a fail zone right there and then boom. I don't need this high That's where it was. That's where I wanted it and it did it, you know perfectly But that's a day one a day two Here's a low hanger dude the outer date. So day one low hanging outer line Day two low hanging outer line This is an area of skill where the tops were from previous day with a and here's the thing Day two if it breaks day one's previous high, you got to get the fuck out man You got to get out so if it breaks this and it's off to literally new highs of this entire original catalyst Which you know, whatever the catalyst was for end of yesterday This catalyst of this move started this run if day two was able to break yesterday's previous highs It's a number one reason to get out. In fact, I don't even look back. I don't even I keep my wrist very tight I I stop out and I'm like, you know what that rarely happens. I admit defeat But my point is day two Gapped down outer lines outer lines. So yes, I did miss this today because this was a little bit A little bit inner than I wanted but I wanted in here in the outer region That dude, those are two of the easiest setups if you're new in a new short wise trader If you're hitting front side or guessing fast or you know guessing other things You're just setting yourself up for treading water for a very long time This is the way to get the system back side and low hangers. So now number three This is a little bit more complicated But again, it's if you've been trading for a while, you will know how to manage again Here was a perfect example. I did this I did this even before this move This is what's called You it's it's not necessarily a low hanger, but it's called playing a previous top So I guess it can be it's like a it's like a scalp low hanger because it already showed even if it's still front side That a trader was stuck and a top was formed. So this is my third example So day ones our lines day twos our lines Day ones on this one where a previous top was formed when the top is broken down I'm now inputting a region of scale and here retest bam come back down Do you see that because the top was here top was here? This is the area of consolidation where it failed from I'm looking to scale Right there, but I'm not looking to hold this and swing this all day. That is different from this Does that make sense? This is a scout move for me because look what happened. Boom Zombies back and that is not a depth candle. I would short it's still over v wild So again, I'm trying to get that move exactly boom That's all you need previous top boom Previous topping action. I want this region now outer outer region as playing retesting of tops You can do channel trading what that does all day and capture little micro moves into a channel, right? But I'm not so big on that. I've never been great at that I always get a little bit too full low and then I'm like, ah shit add add add add add and then I I'm just not great at channel trading. I'm just self-admitted. It's bow's thing Me and Alex to try to tend to what works for us bow does what works for him every trader does what works for them But I keep it simple man Is it in backside is a top form is there overhead? clean bang boom criteria is there done What is your b-wap setting zeros all zeros? Um, I'll show you If you are doing v-wap on um tos, this is how you do it if I can good god if I can remember Yep zeros see that v-wap just put them all in zeros Um, like we yep, so just put them in zeros Start to get a little winded Yeah, buddy, no problem. And then when it comes to DOS trading I'll mark if you're trading DOS You can either add pre market data or you can just use intraday data And that would give you two different b-waps in which case Alex uses So they'd be a little off from each other so you can calculate different data, but I just put them together So there's one b-wap. I don't like looking at more than one b-wap Alex personally does I just kind of like to keep it a little bit more simple for myself because I all over think it And just do what works for me in this and it's kind of never failed for me this way So again just works for you whatever you want, but that's specifically in DOS um Alex do you place orders to scale in before price gets to your scale zone? Oh, yeah, dude, like this Like totally like all the time all the time All the time. This is a great example. This is a great example Like if I wanted to I could literally put fantasies right here. I'm done for the day, man I've just I honestly on Wednesdays I if I treat something immediately in the morning and nail a backside move then I stag it But if if on Wednesdays, I'm super focused on members and super focused on the webinar I'm like right now I could put in some fantasy orders if like just got back to here this got back to here Not this one because I want this to break at least like a neckline to get in Like at least this area to think about shorting because I can just wait for tomorrow, man Again, why are you guys rushing in day one? Oh, it looks like a short here. No No discipline. Tain yourself. This will be a great low hangar tomorrow most likely So just chill unless this were to death channel from fucking 440 and then yeah, sure I'm interested But again, man self-discipline Um, you wait for these moves. I didn't end up. I didn't even touch it yesterday I was planning on today, but again, I was like 10 cents off man or five cents off I was so pissed but I waited today for this specific move and I was I was right there man down So because I missed this today. I got a little discouraged. I saw this grinding people out I was like, you know, it's a little grindy and focused. Let me get this webinar right things like that But yeah, man, I'm always placing fantasy orders all the time Mies when shorting outer lines are you usually entering most if not all of your size before And close to the outer line or are you entering? Oh, you know what man? It usually like what's funny. Mies is here's a good example, right? I sometimes hit literally at the line that I think is where I should my area, right? Like I'm an area player. So like if this was my area to scale If I'm if I'm very disciplined, I'm waiting for like Into my area and not hitting it. Well, sometimes I literally do hit at the line if this was if this is 326 I'm literally hitting like a 326 or 327 very small starter But this is where I want to get my size the upper Shading of the area like usually like the 60% like not the 40% the first one like the 60% or 50 But I'm trying to let it get into my because then I'm like, oh, this is really confirming Like honestly, this is great. I totally missed it. This is great. I would have got some size on this if I would have played it Um, I wonder how long I would have held this because I didn't like I didn't love this setup It felt a little grindy. I might have piked the shit out of this to be honest. Um, this one I would have held And that is trash just fucking trash And bigger float this is this is a much bigger float today and bet so you can you see you can hold it a lot longer It's not gonna rip your face off in my opinion. Again, it depends on your play style Sometimes you just want to nail and bail but this is not like a two million float So I'm not like, oh shit. I got a nail move and get out really quick, you know Uh My is love it. So you wouldn't add more above the fourth 40 read the Where are we talking? Oh right here right here the 430. No, no, I would if it went up here Um, uh, no, that's all I'm giving myself. No if it breaks this level, I'm gonna stop out I'm gonna stop out because I waited I weathered all of this so if it's gonna go through here It's probably gonna break high a day, you know, sometimes it just depends but I thought that that would be a good area Yeah How many parts to skill in do you use on the front side of the move and back side? Well, I don't short front side brother. So, you know, I don't It's hard to class. It depends on who you talk to but here's the thing This is a front side move This is front side. This is not back side. I don't hit front side This is front side within a backside already conformed move. So like this is already in backside as it's opening up So this is yeah, sure. I guess you can call it a front side move within backside But because I already feel like this is backside I'm hitting this and I'm scaling in force to answer your question Um, so I scale one two three four I usually do about four parts sometimes three But you know, there's some chairs that do eight parts 10 Well, I don't know. I'm not the guy who likes to click click click click click click I'm the guy that just you know One two three maybe four depending on how much range of fudge factor. I'm getting I'm giving it I like I like quarters. I like quarters And I like to say like I I took off a quarter. I took off a half, you know I I have three quarters left or whatever core, you know, riding a core position, whatever it is Yeah, buddy God, I think we answered everything today. Do you guys have any kind of last minute? Oh my gosh 12 30 already my time You guys have any last minute questions that you want to answer like that? Maybe you guys and again guys if you're if you're Shy, you know speak up man. We're here for you guys. You should never be sad There are no stupid questions because we were we were new at one point man I got to tell you like we were new at one point. I promise you there are no stupid questions Um, yeah, thanks. My's I dude. I'd like to keep it simple man Life is simple if you want to lose weight, you know, stop eating junk food, you know, if you want to, you know You know learn how to date girls and talk to girls fucking go to seminars man I don't know if you're not if you don't look like Brad Pitt or George Clooney, you know Go to seminars like if you want to trade, you know, if you want a short short back side If you want a long long front side again, man, keep it simple keep life simple keep trading simple man I'm all about simplistic um January again, hey tosh if you're looking at those four stock per se What point would you get your locates to have them ready? Is it different? No, it's never at different times, buddy unless something came up randomly intraday These are all premeditated pre-market. So I am waking up as early as possible. I see that they're up I see they're either going to be a short in the immediate open Like something like nbev or they are going to be a play for later because it's already front side And I'll short late day if there's a massive death can or a death line break, but Girls go to seminars. I don't know if they will not the hot ones. Um Definitely not the chicks in LA, but uh, I'll tell you right now, but um, I'm reserving all my shit at uh What is it for 30? I'm waking up my time Which is what 7 30 eastern standard time and then get my locates as soon as cobra opens um, and then yeah Boom But I get them all as soon as I can and I wake up my freaking eyes aren't even working and I'm on the phone With uh cobra. I'm like, what do you got give me fucking every day I'm a slut dude. I'm a I'm a I'm a total slut the locates man. I'm telling you. I'm like, what do you got? Give it to me now I'm a total locate more If you can't get locates will you ever use option? No, I don't even know how Dude, I didn't learn options for a reason. Are you kidding me? No way, man I I have yet to learn options. I'm just uh, I want to live life and enjoy life, man I I'd obsess over a whole new realm of trading and I'm just I'm good, man. If it ain't broke, don't fix it Guys, we have a new options course, dude. One of our members shout out ak Uh ak one of our lifetime member or ak wildlife. This is the guy John Fabiano. I watched him last night guys. I created the uh trailers for you guys on youtube if you want to check them out um, we have We are now delving in teaching a little bit of options guys like again, man MIC is a resource for the trader of any genre big caps options small caps We are here. There are people a network with we teach psychology that is still universal for all Lines um, how to handle losses how to handle wins how to not get greedy Just the psychology of what trading is as a whole and uh again guys, I I can't stress highly enough We're always innovating we're pushing on content after content after content Gary Vaynerchuk style to make sure you guys are up to date No outdated fucking DVDs from 10 years ago that are $5,000 that your grandma would shit on because nobody can learn from those things We are teaching up to date information and why this doesn't work and why this doesn't work and why this works and why that works Uh, especially in austin's webinar vows, you know daily recaps things like that. Um Um Yeah, oh shit 16 30 Yeah, man. Thanks for showing up man. Again guys before you go We thanks tom Love it, man. Thanks for showing up my investing club Dot co again guys again, if you have not signed up for our webinar Sign up spaces are limited weekly. This is the second time i'm bringing this up Mine investing club dot co you're gonna want to check this out. It's two hours. It's really freaking cool, man Check this out reserve your spot and then uh, if you are interested in signing up for m i c I'm doing a new thing. I'm doing a new thing Uh, thanks mark I am personally getting on the phone with you and going to talk to you about your trading career upon sign up monthly Annual lifetime if you want to upgrade with me as a member already reach out to me I will help you. We will figure this out for you. What's good for your trading career Um, if you have some personal questions, you want to ask me upon sign up I'll take a five minute call with you, man. I'm willing to help guys who are a little bit lost out there So here's my contact Tosh and my investing club dot com. Let me pull up right here guys. Here's how to contact us at the bottom Here's our contacts twitter my investing club instagram my investing club instagram for alex tamiz 809 for twitter Modern rock modern rock same tosh at my investing club dot com for email. Here's my twitter. Here's my instagram You guys can dm us. You guys can get on a call with me. You guys can There's endless ways to reach us guys and I promise you we are going to take you by the hand Show you how the community works. We get on calls daily. You can talk to all of our team Um, and it's just it's the way to go if you're having Financial trouble or you're just not there yet. Give me a call anyways and we can figure out what's good for your future Maybe if you even don't sign up right now Again, uh, we just look man. We're just past the elevator back down now We just want to help traders that are lost and are getting scammed by A ton of people out there that we're like, oh my god, man Like we all went through that shit six years ago. How can we save these guys? When I hear someone that comes to me and he's like tosh It's been seven thousand dollars on a course that did nothing for me. I'm like seven thousand dollars, dude Our lifetime membership isn't even six thousand yet. You know what I mean? Like guys we I'm telling just reach out to me man. And we're gonna help you guys. Um jay. Thanks, buddy And I love this if you guys are a lifetime member put the handle in your Put the handle there like put this in your tag name. I love that Uh Dude awesome one more time two point out. I'm just joining. I'm happy I did. Oh all mark six, dude. Thanks, man I think this is your first day, right? Awesome. But I think you joined literally like an hour ago Uh, what the fuck does this even mean alex? Someone tried to charge you 20,000 for a year. What? Who No, don't say who because I don't I don't want to diss them But dude, I'm gonna tell you right now if someone's charging you anywhere over what we're charging you guys That's just absolutely asinine. That's that's ridiculous because guys we offer a lifetime Option for five thousand dollars right now and these prices will go up I can promise you because this is too cheap. We know this is too cheap. It's a terrible deal for us But I'd like to think that we're the best in the industry and we're not gouging people. We're not selling scanners We're not yep. November 1st November 1st guys, I'm telling you we're not joking about this upgrade now reach out to me if you want to upgrade Um, you know, we're gonna raise these prices, man We're too cheap and we know we are and we wanted to do that for the first year We wanted to make it accessible But again guys like our product is too good. We give away so much information But here's the best part. We do not upsell you join. I might see this is dude. This is everything You're not gonna get charged for dvds or our video library or bullshit scanners In fact, I should end with this if you guys are paying for a scanner right now or a newsfeed drop that shit immediately You don't need it. We got a watch list channel right now Every single day. Alex is putting what he's watching why he's watching at levels. We've got 900 traders in here Looking at the same strategies talking the same things Identifying the same news alerting the news fundamentals guys technical guys You do not need to waste your money on useless things I don't even pay for a scanner anymore or a news feed and back in the day I did and I'm so glad I dropped them and saved. I don't know what 250 dollars a month. That's a car leaves That's a fucking lease. Well, not on a Toyota Supra, but Not everybody wants a Supra. Maybe you want a Honda Civic that will literally be a free car come to mic And between between saving on a scanner a news feed and our commission structure with cobra guys I swear you're gonna save so much money and you're gonna learn true trading So i'm gonna leave it at that. I'm totally winded. We talked for almost two hours I love you guys. If you have any questions, please reach out to me signing up I'll get on the phone with you if you want to upgrade if you just have questions about chat in general for future Joining anything reach out Don't give me coffee. This is what happens Thanks guys Until next week, we'll do it again Hey, alex Robbie Everybody thank mys. What's up, buddy alex alex pirate. I'll mark later dudes 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.com That's tosh at my investing club. 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