 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 so today I'm gonna go over key traders of the week Every week I kind of go over the market sentiment and talk about you know, you know, what's up? What's up? You know, what's up Corey? Just try to talk about what's up in the market small caps large caps kind of you know What which side of the field I'm playing on as far as like aggressive side of conservative side or long side? If am I covering my lungs, you know quicker am I selling my shorts sooner than normal right talk about market sentiment Then I want to get into a couple of trader topics and fallacies that come up in in in the calls and the and my PMs throughout the week over the current stocks in play and Today we're I'm gonna be ranting about an issue that I'm really passionate about That hopefully you guys stick around to see and at the end we're gonna I'm gonna invite Alex on we're gonna tackle the Q&A together alright So just some trades I took this week that I feel like had some some merit to it you Roku was a continuation trade I tried to do now. This was right after the market today had a huge slam Hopefully that's quieter. Yeah, so Roku was a continuation trade I took today Kind of I was hoping that like I wasn't hoping that the market would completely crash But I thought that there was a huge spied up on manufacturing numbers And I thought that would kind of really bring down the market And so I mean evident, you know in hindsight market totally recovered way stronger than I ever thought it could I think Trump like said something about China negotiations after that totally That totally saved it Yeah, Sam said he took the same exact trade on it I mean, this is like the cover of the century, right? So anyway, like we slam red and there's like a support line barely and I'm thinking this is dead cat bounce stuff I have a very easy tight stop when red to green. I would take this trade nine times out of ten because it's just it's so Aesthetically easy to take right? It's just so wow, it's a it's a nice pop dead cat right into prior close It's so easy. It was such an easy trade. So I just took it Amazon I kind of had the same idea on Amazon and so like Amazon I kind of had a like I was kind of trying to base my trade off of this not 1698 1700 level trying to scale into the dead cat bounce but Like right it around here the market was just recovering like I was planning on skating all the way up to VWAP But the market was just recovering so strong that I kind of ditched that and I eventually just covered it So this was this was another I was trying to break my Roku I was trying to like combine Amazon and Roku like I thought they were both like Roku's been so weak on on the daily and Amazon looks like it's about to roll over on the daily So I was trying to sort the spy, you know via these two kind of diversified Kind of trades a little bit both of them didn't work out. So I lost on both of them today Same exact, you know same exact Play I was I was risking this stall here kind of this, you know Reverse of what a first bounce notch might be the 1678 1700 area and like it totally wasn't working out So I cut that one So that continuation didn't work And this is what happened. So I was basing my trade off the spy And so in a way in my thesis was kind of right, right? Like these both of these stocks were covered with with the spy Right, so I just I thought the spy was gonna at least go and see the spy like fell all the way to this 285 level and if you look on the daily chart the spies 285 level is such a huge important level like it's a level that held the last couple of Times the market had fear in the market and so like we slammed down here to 285 And I was so certain that like this would just go this was just the first bounce on 285 and that we were going to get a retest the IVE I actually so funny story about this one I actually recorded this trade live and I just haven't Ever released it because it's like it's just kind of like it's like a six minute video like seven minute video One two three four five six. I think I started like right here No, it's just like a six or seven minute video and like it's not really I mean It's a success like I bailed out before totally collapsed, but I mean, it's not really a success I don't know if it's worth it You guys can let me know if you guys want me to release it But like I did get a couple pms about this trade because I go how'd you get out so fast and I mean I could show You I recorded it so let me know if you guys want that one. I mean, it's only it's pretty self-explanatory That's why I didn't think about it, but This trade was the first bounce This trade was the first bounce attempt But and so the first bounce here I mean, there's there's like a perfect notch and at the six dollar level and it's about 50 percent retracement from the start Of the move at 550 is almost 650 six like we have one two three lining up in a row right my favorite elements of the first bounce You do have a little notch and just as a recap What do not like what do notches mean a notch means on its way up it hesitated and stalled at a level right? This was this is a hesitation or a stall right here at six dollars which means that there is some form of There is some form of resistance there right You UV XY. Yeah, so this was just a you know one of those quicks, you know small trades I did a momentum scalp. This is also like a first bounce. So this was a few days ago So the one of the like we had a this is the first time TVX had pop TVX and UV XY and the VIX had popped And you quite a bit and these are almost my favorite days to play UV XY It's it's a set up a kind of been tracking for a while the very first day that there is It's a good back test. I did the very first day of A fear move or some kind of panic move Like that that spikes the UV XY or the VIX is they typically have a very nice first bounce because Just it's just the nature of the spy like everyone like everyone like gets afraid like it's the first fear in a very long time It's almost like the the first time philosophy that what we talked about the last time is the very first first bounce of the fear So it typically works pretty well. So But this one idea I wasn't trying to find the bottom I wanted to see the initial strength first, but that's what I do on scouts. I don't need to get the exact bottom and top So yeah, it's a good first bouncer on the first fear in a long time And so these small winches add up throughout the week You don't need any home runs as long as you can avoid the trouble. This is what you're looking for Just small small stuff to to keep you out of trouble And you is a good one this week. This is this is a classic SSR wash. This is one of my favorite patterns, right? um Originally, I had orders down here in the 60s and I was a little hesitant like I think I had I think I had an order in the 60 But I canceled it because I was trying to see how far the SSR You know stacking through the downside would go so I was like, you know what it's now so far down I can actually just wait for like the turn to happen And that's kind of what I did the UV XY I wait for the turn to happen and I get in right and so that's what I did but this one is it's an SSR big wash like this 4320 and Like low a day low a day wash and I'm trying to see how much lower it's gonna go and I try to Get it right after the bottoms made all right, so This week has been kind of depressing for me like Honestly, like this market participant list is normally like so full I'm cutting like the the non movers a low volume stock There was really not much. I I felt had really any kind of volume or movement this week and nothing ever nothing met met or met or broke any expectations I had Of holding besides maybe me today, right? Like all of everything just kind of just But everything just kind of broke down just no continuation no fall through stuff's left and right small caplan is just Cricket mode right now The only positive I see is that like the spies massive tank today totally reclaimed Probably the strongest Recovery I've seen in a very long time Just immediately like that straight verticals like all the way back up above above green to green on the day That's a positive But yeah, the I am our end like tank and the VI be massive stuff Just basically scaring this living shit out of longs right now like like OBLN was kind of like the OBLN Stuffs today were kind of I almost like a testament to how scared longs are no one's willing to Buy near higher day because nobody has any faith that breakouts are going to happen So the anticipation longs are out and that's probably I don't even know I can't even say this with any confidence Anticipation longs have to be a huge percentage of the longs because they're kind of what help push stocks over high a day Perfect man. What's up, man long time no fucking see man shit Last time we hung out was at the Philly dude. I know it was so sick That was a good time. I have you had Chick-fil-A since then. Oh, man You gotta send me one dude if I sent you it's gonna get mold and shit I mean, dude like I'll microwave it. I mean back where you can't or I'll bake it back here. You can't exist over 140 so Shit you learn something new every day What's up, and did you trade today? What was what was kind of going through your head today, dude? Like I didn't have much so I just try I was just in I was just dipping in large cap lands And I ended the day small red on after Roku and Amazon Yeah, I saw that dude that that bounce because I was watching I was watching the market when it kind of happened and It was just like fucking straight down dude. It's like three points straight down and I was like There's like that first shot where did that bounce short that you were looking at I was actually watching the spy as well. And I was like if it goes and test VWAP around Like 1023 if it goes and test VWAP around there, that's probably gonna reject the first time at least so I At least the first time it's gonna fucking reject and then three minutes later You get that 1026 candle and it goes straight up and then I was like, oh shit. They mean fucking business today Yeah, it just went fucking straight up. Oh now we got the power that suggested more cuts I mean yeah, I mean who fuck knows what the hell is gonna happen. I mean everyone's been saying recession But whenever I want says recession to buy the dip and it's all China shit and the European shit And let's fucking crazy man, but I mean like you said small cap line has been like really slow It's kind of like squeezing water out of a rock lately I mean, yeah, there's still opportunities to kind of make money But like if you think about it logically Obi-Wan didn't really have much meat on the bone It was only up. I think it was like 20% on the day like 25% on the day Yeah Yeah, there was really nothing it's like you're like you said we're we're kind of like scalping peanuts these days just to kind of get the Itch out of our system But the truth of the matter is that like you said these are the moments where shorts feel the most in control where There's the high likelihood where runners gonna come back and you know historically October and November is lak e a qxp Drys all that shit. So I mean if what was it last was arcade? Yeah, that kind of lit everything back up So that day That day that arcade a went up It was like there was no dip in sight all the shorts were stuck all the longs were in control And it was like that for two days and more longs happen so like me personally right now is I am kind of stocking and waiting for For a low flow to kind of come along and catch everyone off guard Because if it does there's a really high likelihood that the first day that it does run It's probably not gonna tank because everyone's gonna be stuck so I'm kind of stalking and waiting for that and kind of Trying to See if something's gonna light up the market again because right now it's just so fucking slow It's like pump and dumps and stupid shit. That's up Yeah, OBLM you could make money on but if you realistically look at the range It's like 25 cents of range and it's not really that Appealing, you know, so anyway, that's my rant to stay safe that Something should be happening soon whether it be this week whether it be next week whether it be tomorrow or next month We are long overdue and when we're long overdue we get some fucking crazy ass shit. So Yeah, let's let's go through it. Yeah, dude. That's what I'm waiting for like on a day-to-day basis like OBLM had like a six million share flow. I don't think it's gonna be something I think it's gonna be like the two million share floaters like the one to twos It's gonna be something that like pops up 30 40 percent and like, you know It's just gonna it's gonna have something like this like tank in the morning And it's gonna have that classic reclaim setup in the morning and I'm waiting for it every day Yep, exactly man. Exactly. I mean Look, bro. Yes, there's what was that other one the p-stock. Let me pull up my chart PdSTV pdsv pdsv. Yeah Uh pdsv I was looking at that and that was literally literally I was just like I threw out a fancy order around five bucks I hit four nine and nine Yeah, and that was basically I think I did like a thousand shares and I made like 60 cents on it But even shit like that even shit like that is not an ideal setup And that's why I can't be using so much size on it, you know You know, I hear I I fat fingered a I fat fingered that one But I see I see you're trying right now. I was trying to go lose that five and I was like, I wasn't ready like I was like Shit, yeah, yeah, because you know, you know, it's coming down Yeah, I mean the the play I was doing was just the first was this is around five and I did a thousand shares And you know, I was okay losing 20 cents 30 cents 300 bucks On it but like realistically I really shouldn't even be taking those trades. Those are trades that like I'm doing to scratch my trader itch I'm doing this because like if I don't do it. I know that the next day I'm going to have FOMO So like a lot of people ask like I don't I'm kind of going on tangent But you know, a lot of people ask like what do you do to kind of cure FOMO? How do you control yourself and No, for me personally, everyone has like a different method to their madness, but say for example Let's say my max size is 10,000 shares, right? And if you put that as a perspective say your max size like thousand shares To eliminate FOMO for me sometimes is I'll put on a position of like 100 shares or I'll put on a position of 200 shares and that position isn't there for me to make money That position is just for me to kind of get that itch out of my system I am okay paying 20 bucks or 30 bucks to kind of clear my mindset Just so that later when an opportunity does come I don't get in there too early Because I haven't gotten my be quiet the past couple days, you know So I mean there's the this this shit is like more of a More of an art that a science you kind of have to find what fits your personality Bow scalps a fucking 50 stocks a day and I have to literally rip him out of the setup to get him out of there Whereas me like I take usually one or two trades a day Sometimes less than fucking 10 minutes long and that's what fits my personality I am the type of person that likes to make my money and get the hell out of there Whereas bow is more of a control freak and he likes to just be in there and squeeze out every time that he can We were at his house in san jose the other day And we were like hanging out And it was 355 market time and he sits at a setup. He's like, all right. What can I scalper out here? What can I I'm like, are you fucking kidding me, bro? You got five missed trade. You're looking for a scalp now He's like, yeah, shit. You're right. You're right So like you have to find what fits fits your personality and for me my personality is like I want to make the money I want to walk away and I want to lock it up because if I do not lock it up I will 100 start trading as if i'm in a casino 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 c joining m i c Maybe you're a member already you have three ways to contact myself personally and through m i c 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 dot com That's tosh at my investing club dot com I will give 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