 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. What's up, everyone? It's Tembizu here. I hope you guys are enjoying the long weekend. Yeah, the market is closed on Monday, so technically month of May is over for us. So we're looking forward to June. And yeah, this last few days, I think the beginning of May was really quiet. The market sentiment is just so slow, I think because of the crypto stuff. And now they all kind of die and, you know, people are kind of, you know, switching back to the mammoth stocks, right? So, you know, it's been good the last couple of days, you know, the amount of actions that we got daily, you know, you can clearly tell the volume starts to come in. So I think, you know, it's really good. And, you know, this month, it's been quite slow for me in, you know, I think in the first or like the second week of May and then the third week and last week was pretty good. So really like the liquidity there, the volatility, you know, as well, bring into this market. So yeah, with that being said today, I just want to go over one of the topic. I'm not sure. I think it has been discussed before, but I just want to kind of go over this straight with you guys and, you know, basically go over details with this. And I think, you know, could be useful. Yeah. So the topic for today's video is how to avoid the first red day trap, okay? And I want to bring up a chart here. And today, the ticker we're going to talk about, yes, you know, it's been a few days. This ran AMC. This is the sector that we are in right now. Memes stocks. And you know, if you knew, I mean, this is really crazy. You know, the amount of traps, the volatility, liquidity. I mean, you know, all the amount of volume traded, I mean, it's just insane. Okay. I think, you know, it's really, it really came close to, I think, the beginning of January and maybe just slightly, you know, maybe, you know, slightly off a little bit, but it's really good actions that we're seeing. And you know, let me check one year, like last year, you see like this move, when it ran like from three or five to like, you know, $20, $15 kind of move, right? I mean, this one, you know, probably $15, $15, you know, or like a $20 kind of move. And so this is like pretty strong, right? And we can, you can tell that based on that volume. I mean, here maybe over like a billion or something, you know, it's just slightly a little bit off. But you know, the amount of actions we're getting, I mean, it's pretty good. And yeah, so, you know, on something like this, you know, I basically talked about this before, there's not much you can do, right? If you miss your chance going long into this parabolic move, you know, you kind of have to wait for the first red day, right? I mean, like the real momentum kind of shift on that day, that's where we want to attack, right? And so I'm not going to talk about all the trade on Friday because I think Friday, the previous close was, I can't remember, somewhere in here, $27.52, I believe, $27.52, something yeah. I ran it kind of hit right. It's just tang another, maybe like two points here. But this is not the topic I want to talk about today. We discussed over this before, you know, first red day, I just want to, you know, give you guys a quick kind of info regarding that. First red day is really powerful in the first hour, okay? You know, other than that, I mean, yes, throughout the day, they could tank, but it's not as powerful as in the first hour. If you notice, GME, when it had that first red day, within the first hour, okay? So see how the powerful move. I think it was like 52, something like that. And it tanked all the way, you know, you got like 20 points on this one. But AMC, since it's not within the first hour, I mean, the move is not as strong as expected. So yeah, it dropped like two bucks here, but you know, on something like this, you know, if it dropped in the first hour, I would probably expect it, you know, to drop all the way to maybe like 15 or 17, something like that. I mean, like 10 points easily you can get from this one. So yeah, so back to the main, you know, topic today, I just want to kind of go over this trade. I took. Hey guys, my name is Toss 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 MIC, MIC in general, text me at 2-1-3-4-5-8-5-9-9-7, 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. AMC, that was on Thursday, yeah, Thursday, May 27th here. And you know, as you can see here, the yellow line, which is the red to green line, right? And I was, you know, pretty, like, my thought process was, on something like this, like it ran, it ran from, you know, 12 or 13 all the way to like, you know, I think on this candle, one, two, three days, you know, good volume here, right? I was hoping to be this one, you know, it could be the first red day after it ran from 12 to like, you know, 1950 or so, right? And so the previous close was on 1956, I'm going to pull up the chart here, 1956, let me just bring out this chart, this area right here. As you can see, right, so, you know, now it's, you know, it just looks really ridiculous when start when, you know, from 18 to like 28, right? But starting in the morning, you know, like on Wednesday, so kind of putting this top, you know, basically top out here at 20 line, which is, you know, pretty much top is set when it done this in the pre-marketed, you know, 5 a.m. And this is the red to green line, okay? So my thought process on this, okay, so it ran that much already from 12 to like 20, right? With good decent amount of volume and also on the third day, right? I mean, one of the vows rule is you do not want to long the third day. But you know, this AMC is really a different beast, okay? This is not something like, you know, like a, you know, a typical small caps, but, you know, this like, you know, this the momentum is so, so strong, everybody's interested in this, you know, or the diamond hands, I think they got back big time in crypto and now they switch back to this one, right? GME and AMC, Mamma Stocks, so, but you know, the thesis was the third day, yes, I don't want to be going long, 20 seems to be a solid line here, put out, you know, trying to break out several times, you know, after hours, but it couldn't, right? So, like, my thesis was pretty much solid and I really like the setup. And, but, you know, I've talked about in, in a watch list on main chat that I don't want to see this reclaimed this line, 1953, okay? So, as soon as saw this crack, you know, like, I thought this was going to be like the first red day, okay? So, I was expecting for this to maybe to drop to like, you know, SSR, I don't know, SSR was 1953 times, I don't know, let me check, 53 times 0.9, so, which is 1757, okay? So, I would probably expect for the stock to tank into this, maybe 18. And so, that was my goal, you know, I was trying to short into this at 9am, you know, you know, my goal was to scale into this 1959. Okay, let me zoom out a little bit. Yeah, so, I, you know, I started starter here, and then, you know, my plan, if, you know, it was like going higher, probably I'm going to add it here and stop out of that. But, you know, since that is just grinding, it didn't get the first pop, it didn't get to that line, and then it rejects, right? It went below view app, and then it pops back. And, you know, right after that, I said, okay, so, this is really the key kind of point here for me on how to actually, if I should stick to that trade, or if, you know, if this is a trap, okay? So, I think the biggest, the biggest, you know, the sign that I see from this one, that this could be trap, is, you know, is this, okay? So, the first few minutes here, trying to pop back into this line, right? Rejects right away, which is perfect, right? Which is what I want, which is what I want here, you know, rejects here, and then, my goal is, okay, let's say it rejects here, right? I think I'm gonna add, okay? And this is direct, like the real rejections that I need, right? And when it kind of dropped to this one, I was thinking, okay, so, you know, stock basically, you know, washed here, but then it immediately kind of pulled up right away and popped all the way back into this. And, you know, this is not something that you wanna see, you know, when it dropped like this quick, and then got saved right back, okay? Yes, you know, because I still had some of the order up here, I mean, I, you know, I wasn't sure that, like, you know, like, I think this line was like pretty solid line. So that's why, you know, I had an order there after this, you know, pop and then drop right here. I was expecting for this to pop right back here in this candle, okay? I mean, this one is on too many, you'll probably not see it clear. But after this drop, I was hoping for the, for the bounce back into this line. So that's why I had, you know, I put out the order there. But then, you know, right after that kind of washing through this, and right after that, when I saw something like this, you know, like, something is really, you know, being like, keeping in mind is that if you see the stock, like, trying to wash through that support, so either it's gonna wash through that, like, and then with authority, and then it bounce back to that. This one should act as a resistance if the stock wants to go lower. It needs to break this, and then, you know, acting as a resistance. But instead, it got saved right away, it bounced right back into the high, you know, like, you don't want to see this type of move. And I feel a little bit off about this one. So when I add it here, I mean, yes, of course, it's the line 19-20 here. But it's also, you know, I don't want to see bounce, like, I really don't want to see stock bouncing that much or that quick after it washed to, like, 18-30. Like, you know, if you notice, this is like an instant bounce to, like, you know, 19, it's like almost a dollar bounce, right? It's like every, like, people are panicking selling here, but, you know, all the dip buyers here, they are praying for this dip just to buy that stock. And right after I got this one, and then stock washed, okay? At this point, I said, okay, so this should continue to go lower. Then, yes, it might work. So, you know, my original plan was to risk at 1950 here. But when I see this type of candle, my whole idea about this trade changed completely. Okay, because, you know, it just bounced, like, you know, it got saved so quick. And, you know, and so much after, you know, this wash, I mean, this is like a big candle here, right? You know, you could say this is pretty much a rejection, you know, candle. After that, you don't want to see got swiped right back here into this. It's like almost like, you know, 70 cents kind of candle here. Yeah, of course, you know, first one or two minutes, the volatility, I mean, it's really at its peak. And, you know, so you have to kind of keep that in mind as well. But, you know, this is like, I think the key point for me to decide if this was going to trap or not. Usually, most of the time, you see the first red day, when they pull, you know, when they drop like this, it should not be safe. Okay, it should continue to go lower even here and then bounce back to this resistance. 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