 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 we're gonna go over the key traders of the week as normal We're gonna go over market sentiment as normal We're gonna go over the the topics and and fallacies that kind of strike us as plague us as traders from week to week Escape from AF. Oh, is that after hours? We're gonna we're gonna go over some strategy things as far as risk reward and stopping out that I really think should be gone But I really want to go over and then we're gonna end the session Q&A like we always do So if this is your first webinar, please feel free you guys can like you guys can have fun in the chat I don't really care like I'm gonna be going over the I'm gonna be going over this kind of in a almost Lecturey kind of format if you guys have questions about what I'm talking about this throw the question in there And I'll you know if it's pertinent to what I'm saying. I'll try to get to it I might miss it and it's so I'll get back to it at the end whenever when it's Q&A time. What's up, Sam? You know, I haven't been able to see your videos. I need to I need to watch them because I'm you know, like It like slack won't let me for some reason. So I gotta be able to see them Yeah, let me see him alright, so Traders trades I took this week and one of them was be I am I and this was this is what I call an insta Okay, thanks. This is what I call an insta reclaim trade, right? So I'm pretty famous here in MIC for this pattern because I'm one of the besides See like out of like there's not very many longers here in MIC But out of like between Harry and I Harry's a really good continuation trader and I'm a really good not continuation trader I'm a really good More of a bottom finder kind of longer whereas Harry's like the best One of the best continuation traders I've seen like I mean he like he nails the first bounce like he I'll be selling and he'll Still and he'll be adding or like I'll be selling into some and like he'll like hold something like this huge mood that I won't get But anyway, I'm more of a bottom a bottom scraper kind of longer But important stuff important stuff and NDM. I got a quick stuff sort out of the open on this I actually got a little fearful you see I picked up pretty high cover here And that's because that's because it really snapped back, right? You can't see on this candle, but it really snapped back and I was like Like I got I like I got half of the fill down here. I'm like, uh-uh, uh-uh like I got to cover the rest up here For near break even right like I mean my average is like 64 or something like that So I covered half down here and half a break even so quick scalp, right? It's it's very choppy I'm waiting for the range to break on stock spaces like this is what I'm kind of waiting for I am waiting for Like I'm waiting for the range to break to the top side and the range to break on the front side, right? Before I decide to pick a direction on this kind of stock like this. This is the kind of chart Unlike unlike BMI. This is the kind of pre ship This is the kind of pre market chart where it actually looks like longs are in right So on breakdowns like this I'm much more willing to go short Right because if we break down now I feel like longs can be trapped because like this is an uptrending pre-market chart, right? Do the difference like who Who wants to long this one? But probably a lot of people are long in this one for the rip up. So when we stuff here in the morning Like all these guys are now under water and that's why I'm willing to kind of take this immediate like Tasha and I have talked about this a lot. This is kind of like our yeah, I don't know if it's it used to be It's still one of my favorite trades and it used to be tosses favorite bit I don't know if tosses favorite trade has changed But this is still a classic trade where the stuff happens you short the immediate balance and there's normally that one extra pull Right. OPDM. So this one was a fun one and I drastically undercovered this one. I drastically undercovered this one, but I was still okay with it because of how illiquid it was but You know, like I was just happy to kind of you know, get out with with the liquidity that it had And I got my my my routine targets, right? Anyone anybody who's seen my trading nose I love to get out like on washes on whole numbers and red to green like I love getting out of these levels So it's just so hard for you not to cover This one I actually thought had more potential just because like there's only one reason that there was up a chat room And it got up a lot on this one chat room. So this was essentially a chat room pump play It was a no-volume pump and so this is sometimes a good opportunity happens But they can be very scary trades because they're illiquid, right? These can be very very scary trades. So it's almost like It's not for the new trader, but like I mean the probability is pretty good But you got to be you know, you got like you almost have to just be experienced with it but it was a no-volume pump and An illiquidity made it possible for the extension to happen, right put it this way liquidity just means a whole bunch of people You know, it's a liquid market There's a whole lot of market participants people are paying attention very closely to the stock There's orders everywhere. Everyone's trying to figure out what the right price of the stock is, right? Kind of what I predicted last week was that we experienced a little slowdown and it didn't take a genius to figure that out Like the fact that the market was so ridiculous last week It was almost like how much more ridiculous could it get right like we have like 700% couple 700% runners like two or three 300% runners a handful of 100% runners every single day, right? So I Don't know how much more crazy it could get so I mean it like I said like I said it should have slowed down But you know and it kind of did and we actually got the offering to we got BNGO offering, right? We got that BNGO offering which I was like that was a positive last week no offerings But I bet you know one offering comes starts to slow it down. That was BNGO Typically always works out that way, but we did have a Flurry of market participants still busy This is what I would say a normal small cap market kind of looks like for those like for anyone Who started trading this year the beginning of the month was normal the beginning of the year was kind of normal And we had we kind of had I think an extra slow summer and fall like Like it doesn't even have to be a high probability for it or sometimes I'll take it just because it's a good risk reward trick Right, but the thing is what this requires is knowledge and intuition of market cycles You need to know what market cycle you're in, right? You need to be aware of you know, you got to be like Ideally have a few years of looking at price action under your belt So you can really kind of you know, just have that intuition ingrained in you that like hey like This has the you know So you really have a good idea of what potential something has versus, you know I'm not really sure how high this can go or how low this can go. You know, you kind of have to have a really good sense of How high something or how low something can go So for you to accurately gauge a good risk, you know If you actually have a good risk to reward and you know, I wish I could help you out with this But like I think the only thing that that that really, you know, gives us to a trader is Years in the seed screen time I think that's the only and I say years because it's not like we can just watch price action 24 hours a day, right? Like we only have six hours a day to watch price action. So You know, it's like you need a certain amount of hours and you like that 10,000 hour That's like three years. Like, you know, you just need those years that you need that time to gain that intuition And so this is why I have this as an advanced app, right? And also the damage to a psych to the psyche It's less with experienced traders and the few traders because experienced traders typically have I'm losing my voice a little bit experienced traders typically have a very hard um Like a harder base confidence than new traders because you know, they've proven profitability They they showed that they can survive. They showed that they can pull themselves out of back times So this is why I call it an advanced trade. It's not something that new traders should really do look for But you know, if you know, if you're wondering why I take some trades like that. Well, that's why, you know, like sometimes risk rewards really really good and Even if the risk reward is like, you know, like I said a risk reward can be Four to one and it can be a 30% win rate. That's still an edge trade, right? That's still edge. Even if it wins 300 30% of the time 40% of the time. These are all edged trades There's edge in taking this trade over time. You're going to make money Taking these kinds of trades over time. This doesn't this doesn't incorporate fees. This is very simple, but You get the idea like it doesn't have to be that 70% and so sometimes, you know, I'll take 50% win rate trades If the risk rewards really good Anyway, that that's trading Are we here already? Okay, there's two more. Okay So why is your stock always wrong? God Hey, talk already. Well, why is your stock always wrong, right? It's not always, but I'm just assuming like anyone who's in a bad place really needs to hear that, right? So let's start with what's a correct stop. So A correct stop to me is When my price when my target price exit It breaks two rules. It's reasonably, you know, it's, you know The the rule that my target price exit my exit price Is no longer Reasonably uh feasible And it's more likely than not that it won't reach my level. All right So it has to break these two rules that it's more likely than not to happen That's to break that rule and it has to break the reasonably feasible Chance to get to my target that rule has to be broke. So if it breaks those two rules You know, that to me is a correct stop 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.com That's tosh at my investing club.com. 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