 One of the most common questions I get asked is, you know, how do I start day trading? So what me and my mentor about it for our viewers on YouTube is create a free mentorship course that reveals our 12 secrets that every single brand new day trader should know before they get started. But please take note that there is limited seating every single week. So please reserve your spot at myinvestingclub.co. Link is in the description. What's up, everyone? It's Tom Diesel here. I hope you guys had a great weekend. I'm also happy 4th of July, you know. I hope you guys, you know, enjoying the time with your family and your loved ones. So yeah, today I'm, I just wanna kinda go over one or two of my trades from last week. So the ticker I traded on Friday, T-A-T-T. You know, this is like pretty straightforward, right? You know, small caps. If you look on daily, it's pretty much, you know, like the bidding, like the turd or like a bidding down stocks. Every time it pops, you know, it gets sold into. And as you can see here, maybe let me bring it to like, I don't know, timeframe. Maybe like five years, let's say. So, you know, you can tell the big picture that, you know, stock basically when, you know, this is like only five years, like 12 to three. So every time it starts popping, you know, back up to resistant, you know, fell, pop back up, fell, you know. So, you know, like history repeats itself, right? This is what we want. You know, like not, not probably, you know, a ton of baggies here since I didn't see a volume here. But I can clearly tell from the chart that, you know, this is like a broken kind of chart and it's beating down and, you know, like, every time it gets, it pops back into those lines. They're gonna meet seller, right? So this is like the faces behind it or like the big, like the bigger picture. And, you know, so that's why, you know, why I was in really interested in that one. And, you know, pretty much after hours, it ran some sort of news. I can't remember what that was, but, you know, basically it went from six to like, you know, almost like 10 after hours, right? In the premarket, you know, kind of went down a little bit here at four, five years, six, seven a.m. So to me, the top is pretty much set. The top is temporarily set at 10, 10, 20 or whatever you wanna call it. So, you know, and on this type of stock is really what I'm looking for, right? So I wanna, you know, as a short teller, I wanna top to be put in first before I looking into, to shorting the pops, right? And, you know, so all the, all my criteria, like, criteria were kind of lining up on this one. So I waited for the open, okay? And what it is was maybe like this, okay? So let's say you're gonna, your max loss is around like 1,000 bucks, right? So, theoretically, it's, you know, let's say you're gonna get in at 10, right? 1,000 shares, full size, right? Like, your max risk is like, you know, let me just put on here, maybe 500 bucks. 1,000 is too much, 500 bucks, right? So let's say you're gonna get here, get in here at 1,000 shares, right? And you're gonna risk all the way to that 10, 50, which is, you know, 500 bucks. And, you know, there is really nothing, like, this is really nothing wrong with it. Or maybe this is more like a better example here. Let's see, like, you wanna chase the stuff, okay? Not scaling, but chasing the stuff, okay? So, like, let's say here at 950, when I start doing this tank, right? You wanna get in here at 1,000 and risking here, 10, 50, this is like where this is valid, right? And, you know, your max size is basically 1,000 shares. But since you chasing in this here at 950, you know, like, for you to be able to sustain that move, 10, 50 is a good line to stop, right? But then, another one, 10 here, like, if you are getting yourself, like, a lot of times is, you know, let's say your max loss is 500 bucks, right? And you either gonna get in like the full size here, at 1,000 shares and risking only 10 here, which is a 500 bucks, right? This is, you know, I would say, it is more like a tight risk kind of trade. Instead of, if you're risking here 1,000 bucks, that's too much for you, right? Because since your max loss is 500 bucks, you're getting here with 1,000 shares, you're risking only 10, 500 bucks, that's correct, right? Because that's the max that you're willing to lose. But if you're doing that, right? Because the stop is so tight, and also the thesis is still valid, even if it breaks 10, likely the odds are not going to be in your favor, right? Like, you would be more stressful of every single tick because of that size that you're using, right? And whatever, so that's why we suggest, you know, our members to kind of scale into that. So, you know, what is the best kind of way, how to kind of approach it is, let's say 10, 50, 10, 51, this is like the ultimate stop, this is like, you know, whether this is no longer valid, yes? So, and your max size is, you know, like 500, and you know, like 1,000 shares, based on that 500, and you know, max loss. So you could get in here with 9,50, not with the whole 1,000 shares, right? Because if you're getting 1,000 shares here, then your stop has to be over that 10, which is 500 bucks, right? So instead of that 1,000 shares you want to get in, getting with just 500, because 500, right? When it hits into this 10, 50, yes, it's going to hit your max loss, but you have more room for the stock to like, to let the stock work for you, which is going to reduce the stress, which is, you know, the odds are going to be in your favor. Thank you so much for watching our video. If you want to see more of our videos, please subscribe to our YouTube channel by clicking the button here. 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