 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. The link is in the description. All right, enjoy the video. What's up, everyone? It's Tom Lizzo here. I hope you guys had a great weekend. Also great trading week this week. Coming into today, we just had a weekend mentoring sessions as every other week. And it's been great. There are really some of interesting questions from the members. And so if you haven't checked it out yet, go back and read them. Today, I mean, I think I'm going to keep it really short and sweet today because, you know, first of all, I'm not feeling very well. But since I really want just, you know, to kind of make a video for you guys so that you can have a new material coming into every week, you know, for you guys to, you know, have something to study, right? I'm sure, you know, some of you might have watched older, you know, MIC videos. So you kind of want to have a new material coming every week. So we're just trying to do our best. So, yeah. So today's topic is going to be how and when to adjust your line. And this is one of the, you know, this is the type of questions that I've been getting from a lot, from you guys, from the members. And, you know, to know when and how to kind of, you know, kind of readjust your line, right? Because a lot of times, you know, going to start kind of tang. And if you stick into your original line, you might never be able to get filled, right? And, you know, it happens a lot. And we have to kind of readjust it along the way. So I just want to kind of address that questions today. And to go a little bit more details into some of the examples. So I'm going to bring the chart up once. Yeah, guys. So this is like a typical everyday, right? I mean, MIC process, we kind of short the broken stocks, basically. And we wait for the top to set first. And then we show back the bounce, right? So, you know, that's pretty kind of simple and, you know, very straightforward. And I would say. So, VTVT, the was running on Friday, it went from 2 to 6.5. This is basically the front side of the move, right? As a short seller, you don't want to be anticipating this move on the way up. So totally avoid that. The moment cracks here, right? It went from 6.5 to 5. Now we know the top is set. Or, you know, you could say the top is temporary set. So what are the lines that we are looking for to shorten? So first of all, of course, 6.5, that's going to be our line, right? That's basically that's the outer line, which I want to get my short into and, you know, into this 6.5 line and stop over that, you know, 6.6, 6.7, whatever you want to, you know, to kind of wrist off. But the idea, the thesis behind it is that the moment it breaks this premarket high, we just want to get out, right? We don't want, like, our thesis is no longer valid. So, so 6.5. So let's say the style kind of hovering around this five area. So this is the one line that I'm interested in. Six, or in half the remark, right? Pretty straightforward. Five, right? So the moment the style kind of at five, we want to scale into those lines, 5.5 and 6. Okay, the current price actions, let's say we are here right now, okay? And we don't know anything about, you know, the right, so let's say the price action is right here. So now we want to be shorting into that 5.5 and 6 line and, you know, maybe the top, maybe the max 6.5 stop over that three bullets, right? And also, you know, premarket is not something that we should, you know, we recommend. But, you know, sizing according, you know, you have to kind of sizing accordingly based on your account and kind of risk management, that's all. So on that, and so the stock is, let's say the price is at 5.2, right? So those are the lines I'm kind of interested in as the times goes by, right? And let's say you're not going to trade in premarket. You want to see how the short form first in the premarket and then you're going to have a plan for the open, right? Let's say that, okay? And as the times goes by, okay? This is 5.56, those are the three lines I was drawing, you know, in the premarket, right? Basically, that I would like to kind of scale into. But as the times goes by and near the open, stock cracked this support, you know, let's say, you know, put it really kind of easy forward, straight forward for you guys to see 5, 5.56, 6.5, right? Those are the three lines that originally was my plan into scaling when the stock was at $5, right? But the moment the stock kind of cracked this $5 kind of line, right, broke the major support. And now near the open, the stock is, let's say, you know, this one, the stock is sitting like right here, right? 413. So how to kind of, you know, how do you know that you have to readjust your line and you have to kind of lower your line a little bit based on that. So based on, you know, basically the chart has been telling you this. Hey guys, my name is Tosh Bradley. I'm one of the head mentors and moderators of my investing club. If you have any questions about getting started in trading, getting started in the 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. This line, right? Support becomes resistance. Okay, just that simple, line to line. That's all. I mean, originally I have 6, I have 5.5, 6 and 6.5, right? Yes, you know, I could still use that line for the open, but you can see how far those, right? First, I want for the stock to get to this line first, which is the critical kind of line, the support line becomes a resistance now, right? This is, should be the line that I have to kind of readjust instead of shorting all the way into that 5.5 line, right? Because the current price now is at 413, let's say, at 4, let's say like that, right? So you, like, you would like to be scaling into like, you know, some kind of logical line to be able to kind of get filled, right? I mean, technically, there's nothing wrong with that. If you want to short it 5.5, 6 and 6.5 hour line, right? I mean, that's fine. That's totally fine. But based on my kind of experience, I mean, if the stock kind of tank to 4 broke this major support, the moment it reclaim and it gets back to 6, do I really want to take a short up here or not? Usually, I don't, right? Based on my experience, based on the take, I mean, if the stock got saved from all the way from 4 to 6, I wouldn't be shorting it anymore, right? So it's really based on the price action, the current kind of price from the stock. And it needs to kind of conform to the line, right? And the only way for us to kind of know that is the moment it kind of broke that major support, it should not reclaim back, okay? This is the healthy bounce. See, crack this one, healthy, you know, bounce back into that 5.5 crack here. The moment it cracks this line, this is becomes, you know, a resistance. The stock should not be reclaiming this support anymore, right? If it did, then likely the trend has been changed or like trend has been reversed. And you don't want to be shorting after that into 6 or 6.5. That's, you know, basically my approach on how to kind of readjust my line based on the price action, based on the informations that the stock has been giving me, right? The moment it cracked this, I want to be shorting back into this resistance. And, you know, 4.5, maybe this even, you know, this line even 4.37 and, you know, 4.4. And you see where the stock kind of, you know, bounce back to that and fails, right? Because support becomes resistance. Those are the lines, right? And the only way for the stock to kind of continue to fail is to have a healthy bounce. It needs to kind of test the support and test back the resistance. Support becomes resistance. And it should reject that for my thesis, you know, to be valid, right? So that's why we've been, you know, readjusting our lines. And, you know, like you guys been seeing me about Alex do that a lot. And it's just, you know, really straight forward. You know, this is the support. And once it's broken, once it's, you know, broken, we short back into that support, basically that's resistance, right? I mean, there's nothing wrong with 5, you know, or 6 or 6.5 or 5.5 here, but it's just way too far, right? And if the stock reclaim back to that point, likely it's going to squeeze. Okay, guys. So that's how you want to kind of approach to the line. But if the stock is still hovering around this one, right? Of course, I don't want to be, you know, if the stock is still at 5 and hovering around here, of course, I don't want to be slamming in and, you know, shorting at 5, right? That's not the logical way. Of course, I would want to have 5.5 and 6, right? That's because those are the resistance. But the moment crack this support, you have to kind of readjust your line in order to get filled, right? I mean, that's just makes sense because the stock is at 4 bucks. And you have a fantasy out all the way to 6, 6.5. I mean, okay, you really want to get that, you know, those kind of bullets to get filled in the first place, right? And if you're scaling from all the way, you know, let's say 5, 5.5, 6, you know, 6.5, the last one's the last bullet hit, right? You are in a panic mode anyway. All right, guys. So I hope it's helpful. And if you still have any questions regarding and how to draw lines or how to readjust, you know, your lines in your trading, let me know, DM me anytime and I'll be, you know, happy to help. So, all right, guys. So have a wonderful the rest of the day or, you know, have a good weekend. And I see you guys on the next one. Take care. 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.