 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, we're officially recording week 16 of my Wednesday 2 p.m. Eastern Stairtime webinar new member orientation webinar every single week Let's get into some questions if you guys have some questions Otherwise, I could talk about you know my trades today when my thought process was just kind of what I was thinking What do you guys want to talk about today? Anybody got some question Brandon? What's up? My eyes? What's up? Thanks, man. Yeah, I just I should probably get into posting more charts lately I just get I Man, I have so much to do on the back end man that sometimes I literally just forget to you know Remember that people want to learn from my charts or other people's charts So I'll try to be more vocal with my charts lately I just I I take months off and years and times I just cuz sometimes I'm like you know what Alex about gonna cover But sometimes you know people want to hear from what I do or my thought process or whatever. So I'll just I'll try to post more Menard, what's up? What did you see in OESX to have a short bias? I saw low-flow high institutional ownership Uptrending over VWAP. I was thinking first-bound strategy. All right, so let's go to this I will tell you exactly what I was thinking brother I Actually saw this late. I saw this super late. I saw this so late that I was like shit I'm not gonna be able to get a borrow from it and then I hit up I hit up Cobra and they were like dude It's ETB and I was like, oh shit. It's easy to borrow. Hell. Yeah, so This was my trade on it today. I unfortunately my entry was so good. I only got a starter on it So here's the thing. Let's go live, right? Let's go live pay attention with it Close attention. So I use three-minute charts. If you guys like here, we could do a woman I don't care like most people use one minutes. Whatever. I'll talk about it. It doesn't matter the point is He's when I'll get to all these guys. Don't worry when you get to When you have something like this pre-market when a stock is opening or near its pre-market highs This is not weak. There's no sign of weakness in this right like you're waking up. You're like man The bell is almost ringing. Oh, yes x this is up wise it up We check the daily we go the daily we go. Wow. This is actually in an uptrend If this is a five-year chart this thing is like this thing is actually kind of strong So what the hell's going on? Then you go to the news and then you're like, all right What's going on? They beat in you know, they beat maybe some earnings, blah, blah sales, whatever blah, blah, blah None of that is good news to me. These are small caps guys These are not this is not in a video, you know what I mean? Like I'm not I'm not trying to read earnings on a freaking small I'm really not like this is not Apple. This is not in a video. I look at earnings. I go It's it's an immediate short if it has weakness. So this was purely There's only look I'll just be honest. There's three News events that I avoid short everything else is go time I don't even look in the in the freaking details of their of their earnings beats or earnings misses or contracts or Blah blah blah what or FDA agreement get the fuck out of here There's three things that I avoid on the short side every time everything else is go time what they are is mergers mergers and acquisitions a Big name attached So let me make that very clear if I read in this headline that OES X, you know While it's up charting on the daily if I read in this headline Jeff Bezos is looking at it or You know freaking shark tank guy and just partnering with them Yeah, I don't want a piece of it no matter what it looks like technically, you know on a technical matter I don't care So I would not have hit this if it was that and then third is phase two. So again phase two and three biotechs I avoid I avoid major acquisitions and mergers and third I avoid things with a big name attached. So if you know Mark Cuban was like hey, I'm acquiring OES X man because they can do one hell of a you know Blah blah blah whatever they're known for then I would say hell to the no So I'd avoid so what did I look for on this? What did I see? I sought up and I was like fuck I'm too late To even get reserves just in case of tanks and then when it did take that first candle on the three minute dude This not only brought like was a death candle. This broke a huge support, right? Like that's huge man this level that it hit premarka. So I was like dude when you have an opening candle out They got first candle on the day That looks like this you kidding me. That's weak as hell man. That's so freakin weak So when this started and if I remember correctly live I think it went down first before it came out like this this motherfucker literally just kept dropping and I said, okay This is go time and I don't care institutional ownership. This is purely a panic play 100% technical play so I looked over at Cobra and I was like oh sick easy to borrow I was like, okay. I'll throw a little bit I don't I don't go crazy on easy to borrow. So I was like, let me put a little bit on so I had scales Let me uh I'll show you where I scale or where I where I had scales. I literally got a 324. That was my app That was my starter as pets too because I basically almost top ticked it But I wanted to scale this so I was willing to go all the way up To about I think like maybe like maximum through maximum absolute maximum 340 But like if this were broke this candle, it would have been totally bullish But I was willing to scale this man That was so weak out of the gate on something that people thought was a kind of bullish and here's the sinker Here's the nail in the coffin man. Here's the cannonball that sunk the shit. It was a freaking chat room pump, dude Some chat room. I'm not gonna mention names got in right here He sold immediately his whole room got fucking trained on it drops two candles pops back up I go, dude, I'm gonna hit the pop towards VWAP absolutely perfect pop towards VWAP I only got a starter and I want to hear I want to hear I want to hear a lot more and then I just piece milled out It was so unbelievably weak on the way down and see the tape that I literally just piece milled out I was like three ten three two. What was that 90 to 94? I don't know 286 like I was just like dude and then I literally knew it would go red But I didn't have the patience man. I was like if it's gonna go to 90 it's gonna go red You know what I mean like if a stock is literally gonna go all the way from breaking 357 to 285 and that's the majority of it's gonna go red too, man. It's almost inevitable. So You know suffice it to say I just honestly didn't have a page. It was too quick of a move. You have to take it It's that quick. I mean I caught the whole move basically. So, you know, it was only a starter But it is one man You're not gonna nail home run home runs every day, but it was a great win and I'll take it So chat room tech pool analysis breaking sports on the way down Super weak on the tape hit the pop at B-bop Ruling to scale a certain level with a stop over here. So simple as that man. It's just it's very simple man It's there's nothing there's no brainiac shit about it man. It's just very simplified Let's see So hopefully that answer your question Menard, where do you find the archive? Wildy? Yep. Thank you Thank you. There's the link buddy. So if you're annual or a lifetime you have access to the archive Yeah, I'll post one Nasty names when going long, how do you build your watch list? Oh, yeah, no problem. All right Here's the thing that I don't long at all. So if you do long what you want to long is the first-bound strategy, right? Like you want to long strong stocks, you know that are really kind of breaking out and pulling back to a major support So, you know like here, let me just My comfort level is not long and I do well short. So I just continued that for years I did the first two years my career long and I just it was just never my comfort zone But you know, it's things like this man's things like this It's like you want to find the supports for the stock, right? So if it was like drop if a really strong stock is making a big move and then pulling back to a certain level support Then yeah, you could long off it with tight risk and that's called the first bounce, right? Unfortunately for this this was just a tank of fun And I think I pray to God no m. I see members got dumped on but a lot of members of other chat rooms got dumped on because they're Furuze or whatever you want to call them gurus led them in a danger and just let them write off a cliff So again, you know, it's just when you're looking to build your watch list long. It's just line-to-line It's not even that if you're a true trader like a true Non-bias Switzerland trader you could go both long or short Don't ever have a bias just it's line-to-line whatever the chart tells you man This told me that a stock was up It was overextended enough to come down if it had major weakness like it did in the opening candle and then the second Count that loans were fucked. So then you go in that's the point I didn't have a short bias on this whatsoever. In fact going in live. I almost had a long bias I didn't but I didn't have a short bias. I just played with the market gave me and once I saw this I was like it's go time on a pop scale the pop cover on the way down. That's just that's just the way about it Tarik how do you search the video ball every time I enter a keyword the search goes to blogs? Yeah, we're still fixing the website man We're updating the website amazingly right now. So don't worry about that right now Tarik if you need any help finding a specific video Well, you know just reach out to me or reach out to any of our moderator team But you know right now we have these are the categories. So these are buttons You know like if you obviously click this these are the first bounce videos But we are making it even easier for members soon. So don't worry. Don't worry about a couple things like this We're making it much easier. It's gonna be sick Let's go Cedric. What's up? If you plan If you plan a scale for example five E five five ninety five and six or five Let's stop at six fifteen and you get filled on Let's say XYZ at five eighty five that it goes further But stuff's at like five ninety would that be an indicator of a temporary top and a signal that you move the rest of your size? To the stuff area and add back ten cents above or I mean sometimes man sometimes so like here's the thing, right? Like I'll say right here If I had scales right here right here right here right here, right? And say for the sake of your kind of I'm thinking just you know kind of off just an imaginary example Right like this is not a stock today per se probably, but if this did Jump actually we'll just use those if this did jump up to right here, and I got filled right What says if I got filled right here So say you know read so say this got filled, you know, I get my starter on on DOS And then it's stuff right here, which is huge because this is a top level right like if it stops right here That's huge like that's that's really bad for long because this is a very important level So if this fucking you know base of the candle on the top on the top side, you know through the wigs I go by bases if this goes in it fills me and it stuffs hard I'm gonna chase that down at a hundred thousand percent because that was such a key level, but it depends on the stuff So if I get a massive stuff through VWAP, yeah I'm gonna chase that down even if it ruins my average it brings my average from here to say like down here because I'm chasing Like I'm trying to fill right here, but here's my new average. I'm gonna do that man I'm gonna do that every single time and Hopefully, you know, I have more up here and adding down here won't affect my average too much Maybe just even right there, but hell yeah, man. I'm not just gonna ride Necessarily a starter if this is proving to me that the stock is Absolutely weak and willing to go down because here's the thing man My starter was right here because because the price action was right there had it moved up here and then done this stuff Oh my god. Yeah, I still wouldn't be stealing is you kidding me because that's just ideal You know, I wanted to go first and then stuff like that's the thing I always want I wanted to go up and then stuff because that's like a double lamp if it just takes out a gate Yeah, it's weak, but if it tries to go up a little bit and then proves it can't even go up and then death stops done Man Gravel Yeah, I know you're big on backtesting. Well, I used to be man. I don't anymore I knew you're big on back to any tips how to create an effective process on that. Yeah Yeah, I'll show you the best way back test. So here's the best way back test Take a screenshot of everything that ran today Here's your screenshot, right whether you traded it actually do the whole day though So, you know the trading they do the whole day if you trade it if you didn't trade it Just the major runners on the day here's then what you're gonna do is you're gonna go to our archive. Let me go back What's that? If you have access to our archive, this is why this is so key You are going so now you have your screenshots same a folder of those hundreds thousands of charts And I got hundreds and hundreds and hundreds of charts over the past years just things that you know just to learn price action then Go to the watch list every single day. So like here's an example, right? Like October, you know for blah, blah, blah Here's Alex's watch list go now see all these screenshot all the watch list in our In our archive and now go back to TOS man and do TOS on demand is what I did for years click on demand Click the day whatever the day is actually let's do it. Let's do an example Let's see. What was this day Monday October October 14th, 2019? October 14th, we'll put it at 530. Actually, yep So this one. Oh shit. I gotta do the chart though. SES. I am our SES This is called thinkorswim on demand for any of you that are asking this is day two of SES This is day two understand. I set the time at 530 Pacific Standard Time So that's 830 Eastern Standard Time in the day. It's going live right now, right? Yep, see it's live and I'm gonna fast forward. I think this fast forwards like 10 minutes at a time or something like that Well, wait, how do I time it done this a lot? Yep, 10 minutes and just play the day man. Just play the fucking day. Boom. It's going up Here's his plan. Let me go through this. Let me back test it Let me see if it goes according to his plan what I thought oh, it's squeezing just like Alan said Oh shit. It's really squeezing just like I don't know man. I'm just giving an example But the point is that's the best way to back this I'm literally replaying SES on October 14th 2019 and you are able to see what the hell happened What the hell the thought process was and that is how you're gonna become a better trader and anybody Anybody who's too good for thinkorswim on demand in here. You're full of shit I'm not too good for thinkorswim on demand if I wanted to get better even after six years I should be doing an hour of this tonight. It's just makes you better man. It's just extra screen time man Just freakin do this Anybody do you take volume in a consideration and how far it breaks support when you get that week open like oh Yes, X and it's so how do you judge the volume? Yeah? I mean, it's like Phil you don't have to overthink this so much I go to line the line again if it hasn't a volume on the day like 1 million plus I just want to see a lot of volume come out. So oh Let's go back to normal Yeah, I like to see a lot of volume so like what was the volume on this 346,000 as you guys can see down here when I hover over the volume bar 346,000 and then this candle was 300,000 and this wasn't even trading too much volume pre-market like not like crazy amounts, right? So when that much volume comes out. Yeah, I like to see that man I like to see a lot of people stop for sure. So I pay attention to that not as much But just go line-to-line do the price action. But yeah, that is an extra tool in your in your arsenal 100% Good glad that worked for you Cedric What do you do with first aid plays closing strong do you watch them the next day? Yeah. Yeah, so AGRX right Let's say so this was the okay. Let me just talk about this really quick. Just so you guys have an example, right? Here's my here's my chart This is a nail and bail man, I don't I don't I don't over stay on first red days They're really a great nail and bail setup. So here's what I was thinking, right? First red day Multi-day runner stock up up up up up shorts fuck shorts fuck shorts really fuck then here's what happens Here's the red to green line previous clothes you guys understand that everybody familiar good if you're not get familiar line-to-line This thing is breaking sports on the way down, but this is the one to pay attention to boom It's slams red. I'm willing to scale up to quote-unquote line-to-line Where's the next line of resistance right here as you guys can see it correlates with this consolidation level So I scaled it Boom boom. I didn't get as much on as I wanted I was willing to scale up to about the next line, which was maybe like I'd say 270 Yeah, that's you said maybe 265 I was willing to give this some room in because this is this is not only a multi-day runner It's the three-day rule and this bow has been teaching for decades, you know day one day two day three They usually give back pretty good. So this slams red and a three-day rule It's pretty much gone home and you guys could have caught a really really sick move out of this You know, I nailed and bailed and was gone, but You know if this closes strong Like say 280 it's basically off my watch for tomorrow, but if it closes weak where it is Here's what I'm doing. I'm looking for outer lines. So tomorrow. I don't want to hit this. I don't want to hit this I want to hit these only a long tiring journey back into major resistance levels I want to hit lines up here makes sense Outer or fantasy lines. So, you know when something has broken down now It's kind of a low hanger for tomorrow, but you got to wait for the fantasy levels And if I'm being completely honest, I would probably wait for maybe even 290 starter Yeah, because again, this is not this is not where I make the majority of my money and I make the majority of my money on the E OES X's the EGR X's So this is like this is like I Don't know this is like a you know throw a penny in a fountain and wish that you get a perfect fantasy trade So if this makes the long journey, yeah, maybe I'll take a stab at it, but this is not my usual go-to I'm just telling you how I would play it or how to kind of Look into something like that if you are in the fun Let's see with on-demand. You can change the rate it replays. Oh, can you I did I haven't done it in so long I can't even remember that so who everybody who ever wants a tutorial on on-demand Maybe how it cuts your guy. I can't remember man. I haven't done it in years If it breaks so many lines like that, it's hella weak. I love to short pops. Yep. Jack knows. Yep, Bill No problem when shorting the spike at the morning open When do you wait for a pop confirmation and when do you place fantasy orders ahead of time a GRX spike at open today? For example, oh something like this. Well, here's the thing. Let me get rid of all this This is a good example So I am not placing fantasy orders on something like this Why because the trend is so fucking strong do this has been up for three days I don't I don't want to hit this if it's if it's if it's showing that it's got life Fantasy orders guys. Let me make this very clear are perfect for Something that is obviously with a lot of downside. Does that make sense? So I mean, I mean a lot of overhead So like people and longs are already stuck make sense So I don't want to be long I mean, I don't want to be shorting and setting fantasy orders on something that is like there's not many people under water And there's there's no one under water in this man even pre-market There's not many the majority of the volume is right here in the last couple days runner So, you know, I wouldn't place fantasy orders on something like this now something like Sesson something like Sesson This is fantasy orders like this is not a great example because it was pretty illiquid today And this is just kind of choppy and not really but this is my point This is not been up for three days. It went up pre-market This is a stock and now it's opening very low from its highs fantasy orders, man This is where you place man people are under water that halfway through like literally people are already under water Where probably at the one 32? Probably that I post scale that You know, this is just something I had on my radar, but that's the point. That's a fantasy order level of scale. I Hope that I hope that's clear Apparently I can still give these webinars when I'm sick as a dog It's a good talent, I guess As I fucking die over here Does that make sense guys, I hope I hope those were clear This is a pretty two good examples today of just two of my main setups that I train. Yep. Oh, yeah. Yeah, thanks man Here's my tea Does anybody have I might keep this a little short guys today as my as my voice is so frickin raps me Um, does anybody does anybody have some kind of you know, very specific questions that maybe today or Thanks, buddy later Yeah, thanks, man That's the number one way I do things fellas. Just keep kiss man Keep it simple stupid if you have to overthink if you're over analyzing if you're over questioning It can be simplified man It really can Everybody looks at a stock chart and they want look if you give a Stock chart to ten different traders veterans non-veterans Everybody is gonna come up with almost a different thesis because who are untrained because Because they see what they want to see man that the beauty of m. I see or the beauty of what we teach is Dude the lines of the lines I don't give a shit what your opinion is or anybody's for that matter the line is the line guys The church doesn't give a shit about you the market doesn't give a crap The the price action is in the lines if it goes up to this line It should quote-unquote should fail if it goes to this line It should quote-unquote be supported if you are bringing in your girlfriends fight with you your Roommates not being able to pay the rent your your problems into the chart the chart doesn't know that language doesn't give a fuck It's going to act accordingly based on the language that it is and that is price action That is orders getting filled at certain levels at certain lines Again, are you speaking the language of the chart or are you bringing your emotions in in in a in a Language that doesn't even recognize the language that you're bringing in It's like you can't bring emotions into math And that's what trading is so the reason why a bunch of new traders fail is they go oh man Like I think this looks like a breakdown and this looks like here and this looks good And there's no dude wear the lines has it been breaking down does it look like a short? What's the daily look like but just ask the major question and it's simplified What's the trend where people stuck where would people want out and where should I put my wrist? It's as simple as that Trading is not easy. Don't don't get me wrong. I can't I can't state this enough Trading is not an easy profession because again, we are humans I mean, we are not terminators like freakin Arnold after 20,000 decades of being the terminator We are not terminators We are people who bring our emotions in sometimes and that's okay But you just got to remember that that the people who do that usually lose Or the times that you do that you usually lose Let me let's see Yeah, so guys hard stops I mean I talked about this weekly but again, you know hard stops are so key and I'll show you why what was uh Yeah, like a GRX perfect like you guys cannot be shorting You know while most people bash on a hard stops with a number one guys praising it because you guys cannot just be shorting here And holding until it comes back. Yeah, these are turds Yeah, a lot of these stocks fail at the end of the day But you can't short here and and just hold through all this thing You just can't do that man. You've got to especially if you're sized in you know You can't go hey thousand shares thousand thousand thousand five thousand ten you can't do that So again guys risk management at the end of the day is key Don't be the trader who's green for 30 40 days in a row and then that 30 or 41st day 31st day You're dead. You just can't do it as the cocky trade don't trade like that use market hard stops They protect you they're guaranteed pills out Sometimes they will encounter some slippage for you that's gonna happen But I can promise you that the way to have a lasting trading career is market hard stops and keep yourself safe Hey, Terry. Thanks, buddy. Appreciate it Let's see lastly guys had a had a contact us My investing club dot co Alex to miss dot co we put together two webinars that we definitely want you guys to watch If you especially if you're non-members guys, you know sign up as we have limited seating weekly You know watch the webinar see how you like it and and I and I think you guys really will like it And it's and it's worth a watch. So WWW dot Alex to miss dot co or or WWW dot my Investing club dot co and you guys are really gonna like it. Here's how to contact us real quick Twitter my investing club Instagram my best club very standard Instagram for Alex is going to be Alex underscore to miss Twitter is 809 underscore trader Modern rock modern rock for IG and Twitter. I if you want to contact me personally through email I will help you. I'll get you on the phone. I'll get you in the club Tosh at my investing club calm Twitter T Bradley 90. You can watch me drive around the LA We're talking about stocks wherever Instagram T Bradley 90 underscore trader. Don't be shy schedule called us today We're here for you. We're here to cut learning curve We're just very hands-on and I see the family its brotherhood as you guys can see everybody's just so humble willing to learn man When you show up hungry asking the right questions, that's what it's all about man We're all just here to get better bow still learning after two decades. I'm still learning after I guess half a decade Alex is still like guys more forever students So with the camaraderie and the collective experience of everybody here learning together even myself me doing these webinars ever It just enforces the fact that that that whatever I'm teaching or wherever I'm trying to help you guys out with maybe understand for the first time I need to still imply and implement these rules on a weekly basis for years to come So, you know, don't be the trader man that tries to get rich quick and then you know He's like I don't need any help and then boom loses all their money because they tried to you know Treat trading as a lottery ticket get rich overnight when I can tell you guys there's no glamour about this industry There's really not there's no polish. It is a daily grind you get a community You get people that could help you that see the same things and you try to make your money every single day together And support each other because you need a positive experience as it's not easy with what's cool You know, I equate the the the training career very much like the acting career like because that you know I live in LA so I got a lot of actor friends, right? They see a lot of rejection man for every 20 auditions Maybe they get a callback or a job the point is it's like when you're a new trader For every five trades you take one's gonna be a winner until you go to the point where you're breaking in and then every winner Is a loser or every loser is a winner, you know, it's one-on-one and one take a step forward take a step back That's okay. That's wrong But then you need to get to the point man where it's like the inverse of the acting right is like now for every 20 Auditions you only miss out on like one of them I don't know my point is is you go from losing losing losing to break even to break even to treading water To now making money and having a system and having a process that works But again, you're not gonna have that shit or step three of your journey Until you really admit that you're stuck in levels one through two or phase one do two and you suck And you need help and that's okay because we all sucked at one point We all tried to figure this shit out at one point well banged our head against the wall wanted to quit 10,000 times But the point is is when you get to that step three that level three phase three whenever you want to call it It gets easier, but you need to think about it daily and you need help and you need support and you need to Make sure that you're paying attention your own trading equally and it's getting better I think they're getting better so in guys work forever students stay hungry stay motivated and Am I sees about your back man as much as we can't so reach out if you want to if you want to sign up Or I can help you with that and fucking a man reach out network with your fellow traders Guys, I'm gonna cut it here. My voice is absolutely shot. I hope you I hope you got some value out of this today Happy that you guys came I do this every when I do this every Wednesday So we'll talk about next week what I traded what I didn't trade what what there is to talk about Whatever it is whatever it is. We'll get you next week Thanks guys. Yeah, thank you. I'm gonna try to feel better. Thanks guys 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 comm That's Tosh at my investing club comm 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