 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. We are officially here for week 14 of the new member T Bradley 90 Wednesday at 2 p.m. Eastern Standard Time Q&A Let's do this for about an hour guys. I want to rant and a lot of stuff to talk about this is a frickin Hot-ass market. I want to talk about hard stops. I want to talk about price action I want to talk about fantasy orders trends back side front side lines halts Just whatever it is man. Let's really go through this So first things first let me get to your questions and then and then I can rant But let so anybody that has any question so any member that is in chat and has questions post them right here For anybody that is a non-member you are just going to have to become a member to ask questions And you won't regret it guys So I can I can definitely promise you that and it's a very lease man for the guys that are super skeptical about becoming a member Dude Join a month and see if it's for you man. I mean again, you're never gonna know until you try All right, let's start. Where was the first question bought a fishing? I also deviate and didn't trade the up scare money market it market today as above my prey grade too crazy Kept me from trading the low hanger plans. Okay. This is a great thing to talk about Bottom fishing you're in here a lot buddy. What's up, and so again Let me start by saying that you guys as much as maybe a lot of guys don't want to admit this This is a very hard career For people who are risk averse and I'm not saying bottom fishing you are I'm just saying whether you are as a person You need to know tailor a process or a strategy that is tailored to you on the style of brits that you like to take Not everybody is an 809 Alex likes to it's not that he likes to but he is comfortable and has done Still does sometimes is comfortable with you know doing a lot of size or crazy size or even small size But he's comfortable. So if you're one of those guys or girls, you know, that's a trader you're joining the markets And you're just not that you know, you're kind of risk averse and you're scared to lose money You are in a career that where you gamble money for a living, you know as many as much as people don't want to tell you You know, oh, we're not gamblers blah blah blah. That's bullshit. We're totally gamblers But we're professional gamblers like professional poker players and then a sense that was so educated in our educated risk that we are waiting for 21 blackjack hands and willing to take that bet if the cards, you know, the proverbial guards quote-unquote show up on the table So again guys, it's not that you got to you know hit every chart, right? So these were the six stocks that I was watching today and there were many more But these you know, there were tons of low hangers in day twos, but here's the problem a lot of traders and specifically risk averse traders Wanted to a little in this and a little in this and a little in this little in this all of these when really if you guys I'm literally speaking to the most risk averse people you need to wait for the most Opportunity set up. So what's an opportune setup this level right here, right? This area this area So I the only trade I really took today was TRPX and shoot. I'm actually shit I should have saved my freaking chart. God dang it. Well, I totally flubbed it, but I didn't do a great job I shorted TRPX today right here How long would it take me to go get my chart? It might take a little while I'm in a totally different room on a different computer But what I did was I shorted this stock right here today and I literally covered like right here So lame like it took forever. I usually don't hold these after the first half an hour hour I couldn't get locates on the BNGO or IPWR, which I wanted so badly And I don't trade XBIO because this fucker is just a nightmare every time it shows up So and I couldn't get DTSS either. I think I woke up a little too late for these So again, you're not gonna always have shares, which is okay But again, you know play what you know But back to risk averse if you guys are a risk averse trader what you need is much outer lines So while traders in this hugely bullish market, we're hitting inner lines and this and this I'm like dude. You can't do that because here's what's happening. I usually like to hit a red green line Right like down here in this area right here on something like a low hangar But guys things are ripping up Zombieing back coming back farther and stronger than you can ever imagine you need to wait for these sets So I I literally wrote this these are not lines that I put in now I wrote these last night before bed every single night on Well every single night before the next trading day I'm looking at the day one, you know stocks the tanks the ones that got beaten down And I'm looking for a relief pop into day two for where I want to hit and these are my lines So this was the area. I was willing to scale again. I think my first order was close to the top. I hit right here I barely covered for this. I'm not even gonna make myself sound like I killed it today I did not I was a very slow day for me in fact due to no locates Which was so frustrating because I probably would have nailed a couple but Suffice it to say play with the market gives you but for the risk averse traders This is a perfect area to scale. This is outer lines. This is a perfect area for DTSS There are resistance points on the way up here But where is the most of the volume and consolidation that needs to come out right there? Does that make sense this little pocket of volume and consolidation? This is where you want to start in so if you literally started exactly where that is you would have probably got just a Starter in here, but that's the same play, you know this area So that's the safe play so guys that were shorting down here down here down here And specifically if the risk averse to even get in the stock you need to give yourself the 21 blackjack hand or the 20s you know the double Kings the 210s whatever it is and You need to you need to wait for this so Again, I make very clear in trading that it's once you have a process It is never about changing your process due to market conditions. So coming out of a very bare market We now came into a very bull market what that means is it's not that you're changing your process But you are changing your discipline. So while in you know for the last couple months You were able to get away with an entry down here You know the red green levels or maybe risking pre-market highs you can't in this market You just cannot look at these comebacks. Look at these runs. Look at these zombies Look, this is insane. So you need to wait for these outer levels and that's exactly what we teach at MIC These are outer areas of interest. This is the 2020 blackjack hand. This is you know This is hitting on a 17 hand or a 16 and hoping for a three and a four and a five Like it's just not gonna work guys and fun fact me and Alex We're Alex and I were just in Vegas and he was like come on touch. Let's go lose some money So he had a hundred dollars to lose the blackjack hands and where do we go Alex if we're still in here? Oh, we went to the blackjack's do the minimum Bedding that they had at our tables were $15 the minimum. We're in like a really high-stakes place Speedway it's cuz like we're in like penthouse and stuff. So they didn't have like $5 buy-ins. It was like 15 per blackjack hand And Alex like literally drowned his you know quote-unquote account that hundred dollars really quickly brought it back up to like 150 all-time highs and then we bled it all the way back out but again guys We you know, there's there's a science to these things. So while they're yes There's a science of blackjack, which we're not as familiar with this trading There is a familiarity in trading and how to manage that. So you guys just need to understand how this language kind of works All right, let's go to the next question while my dog. I had to let my dog All right, let's see. Are you just gonna scratch the doors all time. All right. Let's see. Let's see. Um, OCOs for the wind. Yeah, Erin nice use those buddy. They're great Webinar I told you that this will be uploaded either tomorrow or the next day guys So give some time for that but this is recorded and it will be uploaded So any of your questions you'll be able if you have to miss for work right now by all means go to work guys You can watch this later How much percentage of your max size do you put as a fantasy order on low hangers? This is a great question. This is it. This is a really good question. So a lot of members do not necessarily Get full size on and I get this this this DM a lot. Hey toss, you know I'm never able to get full size on on my fantasy orders or winners, right? You need to see how fantasy or how fantasy the order is right like how fantasy order ish Is it and that's where I start to put on size. So if this is my scale zone guys, right? This is a long journey off loads, right? If this gaps up a little bit and it goes into this area What I'm gonna do is I'm usually gonna hit a quarter. So let me draw this out I usually do something like this. I only got on a quarter day I really did because I am always willing to go smaller and not fuck over my plan Versus going all in one pop shop here and then I'm nervous if it gets to the top of my scale area And I don't have plans to add. So this is how I do it every time man. Oh, sorry Why is this not once that guys, this is acting a little weird. I'm trying to duplicate this What the hell? Oh, they don't let you do that anymore. Did they have an update? Oh, that's so lame. So You you used to be able to just hit the space bar. What the hell I Usually scale like this guys. I want the whole area if it's shaded It's shaded for a reason. Does that make sense when you have a plan you need to stick to your plan So who has the question? Alpine what's up, buddy? So if this is my scale area I will most likely have full size at the top because I'm giving myself the entire top again How is bow so consistent all the time? He's giving himself a range to scale and he's not deviating from his plan if it is within his range to scale He is going to have bullets to scale that range. So if you are the guy Going all in so this is your area to scale and you're going full size right here Dude, you're gonna be fucking scared when it goes to three when it goes to 302 when it goes and you may cut it That's the point. This is this is in my scale zone. So I'm scaling this fucking thing You know make whether it's it's sometimes I piece out sometimes with eight orders in here Sometimes there's three but I if it makes it to the top. I most likely have full size on it So you have to account for that And that might be a quarter, you know the first one like this I might get it right here and that might be a quarter or this might be a half. Oh nice the space bar is working Okay, good. I must just mess that up real quick. So, you know, it all just depends on you guys back test on how you want to Scale there's many different ways to scale. Look if this is your scale zone And you literally want to be the trader that just hits full size right here. I'm not gonna say don't do that I'm not gonna say don't do that. That's up to you But you need to know How you're comfortable scaling so if that's where you want to throw your full size even though all this, you know It's kind of dead wood, you know, if it just makes up to there and then you don't get it again It's up to you but back test how to scale but identify a plan identify a process where you usually scale and then decide How you're going to scale but I like the full area and I leave bullets the whole time Arabin, what's up, buddy? I'll get to that in a second. Let me just go quickly in order Bottom fishing show me how you would draw SES plan. I had red to green, but I think it was too low for the range What up? I'll just want to get better. I love that except I Know you know what I'm talking about here bottom fishing. I know you know this, but you know, I don't trade day threes, you know I don't so I Don't trade this I don't trade these this is not my bread and butter So when I wait for this, I would wait for much higher dude I mean, honestly, I play safe as fuck. So what I do man is like I don't trade day three Now I drink day ones and day twos and that is it and I'm not kidding you even in the dead mark man If my place not there I trade like a retired trader. I will go do other things. I will literally find an excuse to not trade I do not trade day threes and on they are less What how do I even word this they are less predictable they can do anything here's the thing here's the reason on day Two's a lot of the selling pressure gets recycled out and then day three is kind of a land rush a lot of these bleed Up and specifically things that have been up for a while So when you do kind of have a supernova or black swan or whatever you want to call them There's been a lot of terms thrown around for these, you know one to 26 It's usually just gonna keep fading back down to where it came from But I just don't like the kind of range that these things entail or date threes. They could do anything man It really could so SES today, you know, WWR. I'm not into these man. I'm not it. Oh, no, I'm sorry Not WWR. What was a bimmy bimmy? That was the one I Actually wanted WWR to jump higher day one day two day three it can do anything man. This could have gone up here I don't know I just like the most predictable stock so back on SES if I did or if I was interested in all I need a real dead cat bounce. I need something like up to here a previous top. That's a top right here This is a consolidation point. I want something like another. I really do. I want something like ten of three I want to pull on massive dead cat bounce or I'm not touching it And I most likely wouldn't touch it day three anyways, but again guys again again again This is just my process if you want to trade day threes or you have a bunch of statistical data That is your prerogative and I hope you do great on it I just I'm gonna show you my process each day and that's not it So, you know again, and I learned that from about if he's playing a day three He's playing much smaller size than the day one or day two because we have come to learn over years of It's just more of a land rush. It's more of a kind of like what the fuck Cedric was up. Hey Josh any thoughts on the deep DTSS run today place fantasy orders. Oh, yes Yes, I do. This was huge. I Was actually trading with a friend today And I told my friend over the phone. I said listen This is a market where you cannot play in our lines. You absolutely will get smoke I said what 15 minute cut them. I said why take the risk? I said do not take the risk So you're gonna trip these lines that I literally had these lines drawn since like this morning I said, this is the outermost area in a bullish by now ask questions market that you want to hit Again, I didn't have shares, but I would have I would have at least got a starter on this My god, who knows if I would have hiked it or not maybe but again guys We came out of a market where you were begging for even just one of these plays now We have fucking 10. What do you think's gonna happen things are gonna surprise the hell out of you? You cannot be hitting down here. You just can't do this is too much range So Cedric to play safe brother. I again, I know I definitely know your new man Cuz you've been hit me up when there's something with a massive ton of range and we're in a super super bullish trend market It's our lines are nothing. It just really is brother So again man back test the stuff feel what's comfortable for you, but um, you know something like this man That's what I'm doing, you know that that's what I'm doing. Oh shit. I had it right here I can't remember the ticker that was right there shit. Whatever. I'll find it later. Oh Was it TRP X TRP X You Yeah, so, you know out of the lines out of line This was the area of volume that I thought would come down because this was too flat line. These were the tops again top Topping action top right there top from pre-market. So I'm hitting that area. That's where I'm interested Where the tops right and again, this is the most tops and this is the most consolidation things like that Were you planning on trading X BIO today? If so, what was your plan if you don't mind sharing? What's up mice? Absolutely, but on only one condition. So I Know the history of this ticker. This is a fucker. This ticker is like the two-year-old You know kid that won't stop asking questions the terrible twos. This is this Every time this stock runs and dude, I'm gonna I'm gonna go back literally check this out I literally wrote it timestamp. Let's see if I can find it Where did I write it? I gotta find I'm serious guys. You just start remembering how tickers trade. I'm telling you So every time X BIO runs for some reason I don't know who's behind this company, but it just Creams off lows in zombies back or teleports back or rip shorts fade every time it runs I mean, I'm always prepared for it and I literally mentioned it this morning. I want to see it. Um, I Gotta find this I seriously gotta find this comment. What time am I looking at? I'm looking at 502 Was I awake? Okay, that's not there one sec 502 my time on Pacific Standard Time. This is why we're calling patients one sec guys Someone had mentioned X BIO. I Think it's somewhere around. Where is it? I know I posted it Yep, 10 minutes. I think in the open. Hold on once I really want to find this comment. Hold on one sec guys Careful look I said it's 646 a.m. So what is that? That's 946 a.m. Just in the open. I said Careful on X BIO this ticker is known for rip backs off load. Oh Look at this So I did not trade this today because I knew it would pull this bullshit I just know this ticker man You start to really identify with these ticker is like an intimate relationship So my is to answer your question I wanted outer lines wherever the outer lines top top topping action mostly right here So I wanted it minimum Right there with a scale to right there if it didn't go in this area, which probably even over BWOP I did not touch this and I had no plan on it because I knew off-lows There was danger of something like that and I even wrote it out times in so again man You just want to really pay attention to fantasy orders. You know the market that we're in Remember tickers that trade a certain way. It's never going to Do anything but help you to know how a ticker trades. So yeah, man. Thanks. Nice call Yeah, thanks for the help guys should be after some more one of you said close ha. Yes, I did Thanks guys for paying attention. I got I hope that saves somebody today Arabin I think I missed it. Hold on. I think I missed a couple Jim I had to be on vacation this week. So don't get to normally trade most of the day What would you look for as a trader? You can normally only trade the last 30 minutes to one hour of each trading day. Yeah, that's tough Jim That's really tough I don't trade the last hour because I'm a short biased trader, but if I were to say the best oh God, this is a tough one man because you really don't want to short the last half an hour or hour because of you know The chance of something walking up after hours or gapping up the next day And even if you have a good average, you know, you can get up up the next day because the last half hour How much more can you make? Unless it's a depth line play for short The only play I would go into in the last half hour is a stock that is super strong like this a Stock just making new highs into the close, you know, right now. This is so unbelievably bullish OCG and I don't know what the fundamentals are guys. So don't quote me on this I don't know if they have any delusion or not. I didn't have time to look today I really don't know what the fun these are on this But if this didn't have a ton of delusion, this is a serious chance for a gap up tomorrow Higher lows higher lows being bought up off dips new highs all day These are the strong stocks that gets get stronger and sometimes gap up overnight So, you know, I'd say the long side if you had to swing again, I don't like longing these socks I I don't like longing these stocks Small caps, but that is most likely I think the safest play possible for the last 30 minutes and or swinging over into the next day specifically and if it's probably a micro with no delusion because this could just rip up on air after hours and And get up tomorrow and just be you know a hell of a move So you got to be careful you got to be careful But you don't want to you don't want to swing along something like this in the clothes My god, like this is at low right you want strong stocks get stronger and weak stocks get weaker So I was so bummed I didn't have shares of this today because my bread and butter depth candle through VWAP I wanted to short right here, but I had no shares then with the VWAP pushback That's what I always do I kind of I think I made that play a little famous with an MIC the depth candle through VWAP the first depth Canal the pushback VWAP and then hold the core, but here's the thing You know something like this if I have a really good average right here I'm gonna swing a piece because even if this gaps up the fucking four. I mean no danger Okay, so I break even if it gaps up and rips against me. See what I'm saying. That's the key to swinging You only want to swing if you have a really good average So ideally if you're swinging the last half an hour I mean it's hard because you're limited to coming in the last half an hour But if you have a really good average from say 218 and it's treating it 260 You know you have really good odds of even if you get down you're still kind of safe So again, man, just feel it out but back test back test back test Aravind toss sorry if you mentioned this earlier, but is your scale zone? Defined by your outer winds. What would be the air winds in this chart? So they're all different Aravind. They're all different. So Let me show you the difference between TRPX and something like XP. I oh So I like to go where the previous tops are right like I look I like to look where the previous top. Oh, oh DTSS. Okay, let's go to that So I like outer outer lines when something has no range like TRPX This is no range. That's a big move. So I'm these are I wouldn't say these are inner lines Like this had a gap up, right? So if it just opened right here, these would technically be inner line, right? These would be inner lines like right here and right here would be like an inner line These were technically outer lines because this is a stock They just didn't have much range to begin with and if you really want to go outer You could do like you can literally go like where the almost the consolidation points are like right here Right like the bottom base of this kind of topping action You could have literally just hit right here and got a starter in this is the safest move, right? But there's but this has a ton of range, bro DTSS has so much range and it didn't get his ass whooped from day one sure it it got It got whooped but not smoked so if this would have ended like down here No longs would have been in control and this only would have popped a little bit But this kind of close mid-range It's got a ton of range and stocks I've just come to understand over the years that have a ton of range Have a chance to really get skipped up on like a pumper or something and we all know the pumper that was behind this today of course not gonna mention his name, but There was a pumper in here, you know that pump this up today So again, man, I like And this is where I'm looking to scale anywhere from Inside this line to the maximum of this if it goes over that's where I cut it. So if that was your question You know anything Oh, sorry. Hold on one sec Anything over this line. I don't want it anymore. I really don't because that's what I was willing to risk So that's where a hard stop would be you does that make sense? I Hope that answered your question man. Do you want me to be more clear? Did I did that answer your question? This has less range So I'm willing to hit a little bit more of an inner line Even though this was kind of technically an outer line because it really just doesn't have much range But because this had a ton of range and we're in a superbowl market. I need to wait for the absolute outer outer outer Would you use outer lines to scale? Only or would you use that to channel trade? I I'm not a channel trader man. I mean it depends on who you ask, you know bow We'll you know wait for a top and then hit this pop right here because this is a resistance point or hit this one because this Is a previous resistance point or hit this one because this is a previous resistance point And they're all kind of within the same channel and then he cut if it went over this one So I'm not the guy Making micro modes and micro modes and micro modes I'm the guy who likes to get a really good average and then ideally ideally have you know shorts right here Ideally like that is my starter and then I like to piecemeal out So piecemeal piecemeal piecemeal and then maybe even swing if I really really have some confidence or conviction So again, it just depends on who you ask brother But I like to go in once and come out many times well going once I mean just like maybe in in in but basically one general area while you've seen bow's charts while he's you know look He's in here. He's got arrows here. He's chasing it down. He's got arrows here And he's taking advantage of a ton of moves because he's playing You know, he's playing a little wash of the little cover that I just do I try for much bigger moves So you have to decide who you are as a trader and if that's gonna work for you a lot of traders who I've taught You know personally trade like me While a lot of traders, you know trading like bow because that's their more their style again if you make $2,000 in the morning dude You can still make another $2,000 in between this this this this this it's just not my comfort zone But if that's what you want to do dude, you just back to us that really get good at that hell Yeah, man hell. Yeah, look at XBI out dude every time this runs this stock Squeezes shorts like it's shorts short crowded and then it goes long crowded and then just pups over long I hate this ticker. This is like I can't stand the animal cats Like I really don't like cats and I feel like this is just like that cat It's like you're you're petting it you're petting it and then scratch your fucking hand and face out of nowhere And then you're like, oh man fuck this cat and then it loves on you again. Then you're like what the fuck dude. I Hate cats dude. I hate cats This is the cat of the stock This is the dog you get a good average and then it just does whatever you want It's like there to please you like dogs are so amazing This is the flying wombat Yeah, dude for real This is a flying fucking wombat man. This is the porcupine, dude What skills do you get or got when using to us on demand for backtesting because you know what days outcome you back to Yo, yeah, dude, all you just asked the number one question for backtesting on thinkorswim on demand And here's what you do. Here's what you do pal Guys if you want to really get good at backtesting, this is what you do. Thank you, Erin I'm glad I was there on that You want to not well you can ruin it for yourself by screenshotting the full charts screenshot BNG Oh screenshot XBIO put him in a fucking folder and then say hey, I've got the date I've got the chart up or guys what you can do is screenshot. You're gonna do this Tell you right now. I'm giving the secret sauce the back to say I did this for years It's why I understand price action screenshot XBIO and right here Now let's close this check this out now. You're gonna create a folder of this Look at that now. I have the ticker symbol and the date does this make sense? They very close attention now. You're gonna go into thinkorswim and When you click on demand, let's do it for a second Click on man. Now we're on random fucking dates. You are going to go whatever date it was Let's just say I'm just gonna pull a random ticker out of my ass guys We'll say WM right or NVIDIA NVIDIA is everybody knows NVIDIA Whatever this did. I don't want to know what it did during the day So you are going to set it in pre-market Does this make sense? You are going to play it from the pre-market I don't remember when you saved hundreds of charts from years you Go you play, you know fucking tail in the donkey you put the pinata up you blindfold yourself point to a random one Open it up pre-market, and you don't remember what happened And if you've got a photograph and fucking memory, then you totally might remember what happened But my point is you save hundreds and hundreds and hundreds of charts put them in a folder Bundle them all up look at the date import the date put yourself pre-market and off to the races act as if it's brand new I did this for years, and I learned price action because I was like man I don't remember shit of what happened on this run. So it's like it's live again But you have to have levels to trade from the past. Why why fact has played out. I Mean Yeah, I mean like you look here's the thing so Paul if you don't want to play it from pre-market Then screenshot the chart as well and then look at those levels and then just watch it as you go again It's not necessarily bad testing is not necessarily Trading a lot of it's just screen time and saying okay this ran like this Why did it break down? Why did break out this level slow down the tape? You know record your screens not on TOS my thought record your screens on DOS get the real tape like I have on my other computer and Because I do these on a Mac and then and then watch that backs in slow motion Those are the way man. That's how you learn tape and this is how you learn charting. That's the best way possible You oh Vanessa. What's up one of our new members? We got a lady in the room guys. I better watch my language We don't have many lady traders. It's nice to have Vanessa in here. This industry is too many dudes On low hangers if you manage to get a partial position with the family C orders Do you add more after it turns and looks to backside great? Absolute fantastic question and no I do not Vanessa. I used to I personally used to I know a lot of traders that do you are more than welcome as Some workout as you can see if this was your starter Say this was your starter on DTSS right here If you wanted to you could chase this down and set hard stops on the way I do not I try to get my full size where my fantasy scale zone is and then I piece out the rest of the day So I put while I personally do not a lot of traders do and you can and you can do that You can absolutely do that How do you copy a drawing like all you do is you you highlight it buddy? You click on it and then click the space bar and then Larry drag it over boom space bar space bar space bar space bar Do that? So it's a it's really easy think or swim is just such an amazing platform. It's so frickin easy and hands-on then He is putting in a lower high, but again, I'm not interested in any of this until under two Under two is us the start of backside as there was a whole number Psychological price target as even these people still won't be underwater, but there will be a lot of underwater from up here So again man like these are not areas to rush into man Would you say it's not smart to try to get full size in the initial push on day one low hangers? Breaking down pre-market. Well, I mean just depends on who you ask buys is that's my number one strategy I like to get full size on these so if this wasn't XP IO Actually, even if it was I might have gotten full size if it reached my levels, right? Like I said, I wanted I wanted up here. I may have gotten full size So again, it's just if you're comfortable with that but full size is more of a death line play, right? That's more of a you know XP IO. It's more of a hey it breaks 133 and now let me let me throw on some size because now It's guaranteed right so while this has pre-market overhead if it makes all the way up to here It's still kind of a front-side move within backside So again, you know, this is when the plays get really weak You throw full size here and then ride that down so again, man It's just how you want to play but I don't like hitting full size on death lines I like hitting more full size into scales on the way up when backside is already in On fantasy or fantasy lines Hope that's clear A lot of people in here today man. Glad to have you guys. Yeah Any oh so hard stops guys I kind of rant on this every week if I did not today, let me introduce why this is so important So you are a trader who's using mental stops and you don't know how XP IO trades So you hit death line right here phone right you hit death line and you go, okay I'm gonna give myself a mental stop right here if it breaks this kind of topping action the death line If it breaks this level, I'm going to put a mental stop and I'm gonna get out But here's the problem and this is why you need market hard stops to your guaranteed fill Yes, you might incorporate some slippage But this is why you need them in your trade because boom what an XP IO do not only did it rock it up That might put a lot of new traders in a comatose state It might put them in a shell shock kind of deer in the headlight state in which case now You're not going to respect your mental stop and then now oh, it's coming back down. It's coming back down I'm gonna mental stop if it if it goes back over this and now you're giving yourself more room and then boom It goes through and you're like, okay, maybe just a little bit more maybe and then boom you're dead So had you just done a hard stop in which it's automated and the machine gets you out right here Not yourself not fear or chance of getting the deer in the headlights moment This is where you're going to get out somewhere within here and it's gonna guarantee you out and you can save yourself all this Frickin heading so guys hard stops if you're not using them You are doing yourself the biggest of service to your trading your hard-earned money. Have a good relationship with your money Don't want to lose that shit maximize That's the point so But I will say Don't it's not that you should trade scared you no one makes money trading scared guys You just trade and protect yourself. There's a big difference Trading scared is trading scared and most people don't make money trading scared But if you trade with risk management in check, you're trading smart There's difference between trading scared and trading smart and most importantly people who trade scared don't make money Are you trading scared or you know or are you like okay? So there's traders who trade to win or trading not to lose Trading not to lose is trading scared and you'll never have a career in this industry. So what is trading trading? Not to lose. Okay, like I'll scale this I'll scale this but I'm scared as hell and I'll readjust my plan No, true. That's trading not to lose trading to win is saying this is my scale zone I'm scaling in here. I'm putting a hard stop right there for protection and that's my plan. No deviation boom Let's follow plan vice versa with any of these. That's trading to win preset plan preset process Follow your shit trading not to lose is trading scared Determine your risk it either works or it doesn't exactly and the next right dude very well said fine very well Trade your plan trade your process and then if it doesn't work Don't beat yourself up you followed your plan on to the next trade not every trade is going to work out guys I promise you you've got to understand where professional gamblers There even if you have a 2020 blackjack hand every now and then the dealer is gonna get the ace and the king baby And you're gonna look at your chips and say motherfucker And you're gonna say why did I size because every time we lose we're sized too much in and every time we win We're not sized in and out welcome to the headbanger of this industry in this job. It's a nightmare sometimes But it's also fun as hell at the same time so oh Dude, I haven't I was actually prepping for the webinar. I didn't see one. I didn't see end of it all today I didn't pull the stock of one time somebody said it was moving on news. Oh Shit I didn't see this at all did this is the first time looking at this chart damn what they get interday news What the fork? Cryptic tweet. What is this? New age beverages shares were up 23% on a Wednesday afternoon after the company issued a cryptic tweet from its official Twitter account involving Nestle's tea Oh, so there's an account down as a oh so they're so really oh my god Are you freaking kidding me this stock is up on nothing this stock is up on a company saying hey We got some big things in the works. Trust us. Yeah, you dumb fox It might be poo poo drink with poo poo CBD who knows and it gets everybody sick with a bowl of poisoning Who knows man? It's terrible fucking news. This is just saying hey We got something the works and all these dumbasses bought all this stuff and here's the thing When there's not a real catalyst, what do you think price action is gonna do? It's going to return to its natural habitat Because this doesn't deserve this move so it's coming back so you know under VWAP a desk landing under VWAP Maybe I would have chased a little bit of this breaking this level But again, that's kind of hard. That's kind of hard because again, we're in a market where people are just buying ship Blind, but that's that's not news So yeah, my thoughts right now are this could really go back down here It literally could but again I'm not chasing in this market as things are ripping back And I just I don't like anything. That's just intraday news. I just never have I like things where it bases off pre-market volume Pre-market levels. It's important to the chart. You know embed is a sector play. I don't like sector plays, you know CBD and the cryptic shit. I'm not into it You use DOS for level two and two. Yes. Yes, I do Jim So I I'm in another room right now currently for quiet So I'm not interrupted even though my dog completely interrupted me But my other computer in the other room and many computers or monitors is full of DOS charting with level two This is literally just think or swim charting for lines and how easy this use and fantasy orders I mean, it's just cool. You know, you can't really do this in DOS. Dot. This is shaded You can draw lines really quick. You can draw like a shaded areas like wherever you want It's just really it's really easy and cool. I Love to us as much as I want to just use one platform It's very hard for me to and I think the reason why I still use them is because I still love max I'm still a Mac. I had a heart and I do these web I know how to use max like the back of my hand So I do these for the webinars or all right They're just easy to you like I write all my documents on here or PowerPoint stuff I only use PCs for trading like literally only for trading. That's it Nothing else. I barely even know how to run a PC outside of open up Cobra get my shares Put my triangle Yeah, any last questions guys before I wrap this up because holy shit, I'm winded If your broker doesn't let you scale would you most likely use outer lines to enter and just risk miss yet? Great great question, man. So TRP X Earlier like I said If you don't have a brokerage where you can scale if this is the scale zone You guys are interested in hit the top of it hit the top app If you can't scale that's the safest play. That's the safest play But not being able to scale makes this job very hard Trading is is very simple, but it's not easy. Let me tell you it's very simple. It's not easy at all Yeah, it makes it easier man. I'm telling you or it makes it harder You know it makes it it makes it easier if you wait for these perfect levels, but it makes it very hard If you cannot scale so you know like I said, you know if you can't scale You better be sure you're hitting this area not these And it also depends on the market sentiment market sentiment is crazy. We need an M. I see anthem Great webinar. Thanks Paul Yeah, I hope I got to your questions today guys like in this market man You thanks Jim you guys look man I'm a short seller who usually gets in and tries to hold all day guys It's just not working right now. So things are zombieing back people are buying shit up with their eyes closed blindfolded Thanks, Cedric that you guys just need to be careful. So please please please use hard stops If you're not using hard stops, you need to need to respect trend. This is so front side You know why look for a short and something like this man on on this big-ass move Like maybe here because it's backside and these are outer lines and you could have got a move there You totally could have got to move there, but just be safe and that's all I'm saying call a trend. Thanks Jack Thanks guys, dude. Love it. Hey, thanks Vanessa I'm so glad you guys get a lot of value out of these man. I'll keep doing these again I only want to keep doing these if you guys do and really do enjoy them and for anybody That's not a member guys, you know if you learned anything from today's webinar my god Think about how much you'll learn if you have a 600 video library. You have about 16 years of experience teaching you daily calls Whatever it is guys, we got a ton of stuff for you. So back to my little PowerPoint Yeah, no brainer. Thanks guys Alpine bottom fishing. Thank you. Thanks for showing up. So check this guys Here's how to contact us really quick if you want to get on the phone with me after this webinar or reserve your spot We can non-members Sign up go to Alex to miss co Watch the webinar and then sign up after you can get on a call with me We can talk about your needs at MIC What the payment, you know option is best for you if you want to come annual lifetime monthly, whatever it is I'll take care of you and make sure you get started the right way walk you through the video library Just kind of give you a really quick five-minute in-depth tutorial of MIC and how to contact everything Here's how to contact guys any upgrades any science reach out to me Tosh at my investing club calm I will help you out Twitter my investing club Instagram my investing club Alex these are his handles for Instagram and Twitter Instagram for bow. They're both the same modern rock Alex underscored to miss 809 trader for Twitter mine is T Bradley 90 for Twitter and T Bradley 90s underscored trader or Instagram schedule call us today guys go to these links Alex to miss dot-co if you're a non-member sign up You won't regret it. Give us a month. Give us a month and see if it works for you And I will end with that Tom. What's up? Love seeing the familiar faces in here guys. Thanks for showing up man I've guys if you're still learning now for all these weeks to show it up. I love it, man I'll just try to hit some new I hope I hope you guys learn something new each time And I can keep showing just what I'm thinking or what I'm looking at or things I did right or wrong or I'm sure we Can find at least one golden nugget in each of these weeks Thanks guys there have been my see you guys. Thank you 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 in chat or you can contact us through my email at Tosh at my investing club com That's T. O. S. H. 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