 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. All right, enjoy the video, guys. Just gonna point out an example. So if I want to kind of focus on one strategy to be able to kind of grow my account, right? Let's say I'm gonna focus on the low-hanging fruit, which is on the day two, okay? It's not day one. Day one, you know, it has to be broken for me to kind of count that as a true low-hanging fruit. You know, I don't care about day three and day four. Let's say that's my edge, okay? And what I'm gonna do is that because I'm new to trading, right? I'm just gonna pick one first. I want to master that. I want to understand about it before I move on to the next one. Okay, before for me to even know if the setup is working or not. And so what I would like to do is that, okay? So I'm gonna choose low-hanging fruit with all the information, with all the data, and everything, you know, what kind of lines up. I'm gonna try to do this, you know, for. Let's say I'm just putting out examples here, but you are welcome to do whatever the amount of total trades that you like, okay? For me, the example here is that out of 10 trades, I want to see how many times I'm right. On this particular setup. I don't care about, you know, anything else. As long as I can test that, as long I can back test it, I can move on to the next one to see if that's working or not, right? So let's say out of 10 trade from the low-hanging fruit, 10 exact same trades. You know, you cannot mix it up. I mean, if you're testing something, you know, you're testing low-hanging, you cannot mix it up with that line. You cannot mix it up with first resistance, right? That's why this is the back testing it's really about. It's really about, you know, finding your edge. It's like same thing when you open a business, you want to find out the right product, right? But once you've found that product, you want to test it. You're gonna, you know, open a warehouse, you're gonna buy the same product. Let's say you're gonna buy 100 pieces, right? And you want to see how fast it could sell in like, you know, one week or two. I mean, pretty much same thing here in trading. You cannot buy, you know, shoes. And then the next thing you buy is T-shirt and then, you know, and all that stuff. You cannot mix it up. Let's say I just want to test it, you know, out of 10 trades, how many trades I get it right? Okay? Let's say out of 10 times, I get it right seven times. Okay? Seven times. So every time, like I'm just putting out example, let's say I'm gonna short here at four and risking maybe 4.2, right? So I have predefined my risk and stop. I want to raise 20 cents here. Whatever, you know, you're sizing it. You want to use your accounting. I mean, one of the things I want to use is 2% based on my account, if my account is $10,000, you know, I want to use 2% max kind of per trade. So which is 200 bucks, right? In this case, let's say my account is 10,000. And I want to raise like 200 bucks. And based on the strategy, or the one I want to track is that I want to, you know, make at least 2 to 1 profit ratio. Okay? In this case, I'm gonna raise 20 cents. For me, ideally for this, I would like to cover at 3.6 for me to be able to kind of fulfill my plan, right? Because that's at least, you know, I'm willing to kind of accept. And if you have that plan, every time you keep doing that same thing out of 10 trade, you're gonna do exactly the same thing over and over again. You cannot fail, okay? Unless, you know, out of 10 times, you're gonna be, you know, wrong all the 10 times. So that means you have to kind of pick another strategy to kind of try it out, right? But that's how you kind of test it. That's how you are be able to kind of know what's been working for you. This is the key thing here about how to kind of stop the bleeding from your account. And this is the key thing here, like a lot of traders don't recognize, like, you know, I've been talking to a lot of members that, okay, so I see fault line and then it dropped to like 3.9. And what is so, your average is at 4.2 and then you cover maybe a 4.1, right? And then next thing, you know, okay, I'm gonna short here for 4.5 and I'm gonna scale it to five. Okay, maybe this is 5.5. Okay, maybe six, that has to be it, right? And next thing, you know, it start kind of went up all the way up and you blew up and kind of your accountant. This is the common problem for a lot of traders, okay? And why is that? It's because they have no idea what they're looking for. For me, like a trading, I treat it as a business, right? But those people, they don't treat it as a business. They don't have a trading plan. You know, same thing when you open a business, but you don't have a plan, like a business plan. So how can you succeed? There's no way that you can succeed in that, right? Because for the rest of the map, like, you know, for the 10 or whatever, the 5% of the traders that are successful, they treat trading as a business and they have their plan, you know, to the details even, okay? They know exactly what they're looking for from the market. They know exactly what is their edge. They know exactly the product because they've been testing it. They've been trading it the same thing over and over again. They don't mix it up, you know, death line with low hanging fruit and the first resistance with the other one, okay? But if you knew and you still haven't grasped kind of that part yet, you have to track it yourself, to see it yourself, to find it, to find where is your strength and where is your weaknesses. That's the only way for you to be able to know and you have to find it yourself based on your experience, not by someone else. If you're lazy and you don't, you know, keep tracking of those, you're gonna fail. I mean, it's like every day you're showing up to the market and you see everything is running. Okay, let me, you know, show something here and first resistance, let me, you know, show on this, resistance and co-coverage at this support, okay? But ask yourself, what is my edge? Hey guys, my name is Toss Bradley. I'm one of the head mentors and moderators at my investing club. If you have any questions about getting started in trading, getting started in MIC, MIC in general, text me at 213-458-5997. 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. The most important thing here for me is that I think, you know, when you do it systematically, right? Let's say you short here four and you're risking 4.2. You know, let's say you have emotions, right? Let's say you're afraid of taking a trade. Let's say you're afraid of losing. Okay, that's fine. You know, that's, everybody has it. There's no one that, you know, can escape from that, but reduce it to the size or to the amount that you're comfortable with, okay? So let's say, you know, I'm okay with losing 200 bucks here. If you ask yourself that question, so before you even getting a trade, either it's gonna stop you out or it's gonna hit your target. There are no other ways, one or the other. Okay, stop you out or it's gonna cover you. Or like, you know, in this case, buy or sell, whatever. So you're risking 200 bucks, you wanna make 400 bucks back because you know that, you know, seven times out of 10, you're gonna be right. You're gonna make money because you need to make money in order to pay for the locates, in order to pay for the fees, right? What's the point for you sitting here every single day, every single month, you know, going over and over, you know, making the same amount of money and then, you know, you lose it all in one trade because you didn't have a plan. But if you stuck to your plan out of 10 times, okay, like when you lose, okay, that's fine, right? That's three out of 10, those trades, it's not gonna work. I'm okay with that. I know that already, right? I'm prepared myself for this. So there's no way that anything could surprise you. You know, you have to stick to that. So in this video, probably I'm just gonna stop it right here, just about this. But you guys probably, you know, know what I'm trying to say here is that you need to find your edge, guys. You need to find, you need to know exactly what you're looking for in the market. You know, trading is not random, okay? Trading, it's really about, you know, finding good bets. The same thing with Blackjack, okay? You gonna bet when you have 19 or 20, you know, hands, right? But even that, you know, dealer could still beat you with 21 hands. But the odds are in your favor, right? When you have 19, 20, you know, hands. It's not like, you know, when you have 13 or 14 and you still betting that. When you knew, you don't even know the difference between the 13 and 14 and then the 19 and 20. This is where all the most traders are. I mean, I put it really in a simple way, okay? If you know you have 20 hands, compared to, you know, yourself you have 13 hands. Which one you gonna bet on, right? Same here with pattern and setup. But in order for you to be able to find that, you need to track your stats. You need to be, you know, focus on one first. So you can know when is the 20 hands. I mean, trading is like that. Over and over again. The bad habits, you know, sometimes your trade works, sometimes it doesn't. You know, sometimes you make a lot of money, sometimes, you know, you lose a lot of money, right? But try to, you know, cut it down to the point that you can be control of that, okay? You wanna control your trading. You wanna know exactly what you're putting yourself into. For me, that's the only way for you to be able to do that. That's the only way for you to be able to kind of stop that bleeding out. You know, it gets to the point for me that I'm so tired of myself, that I said, what's the point? I mean, you know, I'm sitting here working my ass off for like two months, three months, four months, you know. Like I've been green, right? Green, red days don't grow their cam, but their balance does. And this is exactly what I've been telling to people. You know, it just gets to the point, so I get so tired of myself and I said, okay, man, you know, I just wanna cut down the bullshit. I just wanna know exactly, you know, how I can make money from the market. You know, at the end of the day, it's really about how much you make. I don't care about your setup. I don't care about your edge. How much you make, right? So can you be able to make it as a, you know, as a full-time job? Can you put a foot on the table based on that? Can you make money to, you know, to do whatever you wanna do in life? All right, this is what trading is really about. Same thing with business. The only way for you to be able to find out, to become a consistently profitable guys, don't mistake yourself from, you know, being consistent and consistently profitable. That's a two totally different things. You know, fuck your whatever streaks, you know, it is. I don't care about your green color, you know, all that, but focus on yourself. Focus on, you know, growing that account. Because at the end of the day, that's what you're here for, right? You wanna be consistently profitable. You wanna be able to make money, you know, to help your family, to help your life, or whatever, okay? Thank you so much for watching our video. If you wanna see more of our videos, please subscribe to our YouTube channel by clicking the button here. We do our best to post a new video every single day. If you have any questions about MIC or any general trading questions, please text Tosh using the number here. Also, stay up to date by watching some of our most recent videos right over here.