 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. Hey guys, welcome to another edition of the Daily Cat. We are calling now the Trading Fish Academy. And today we're going to talk about recycling trading around the court. There's so many different things going on in trading, so many strategies, so many styles, guys, that we literally cannot have enough time, enough videos to cover everything because the markets change every day. And each day the outgoes are getting smarter and smarter. And they are outwitting us. It's very hard nowadays to compete with computerized programming, trading, all that stuff. So eventually one day it'll be a computer-based world. Now even cars are driving by themselves pretty soon. What the hell do we need? Why do they need humans for, right guys? They're only going to need humans to breed soon to be a computer in our heads. They're already starting to do that, man. They're starting to put chips in people's bodies. Soon they're going to need a man. They have a sperm bank and you know, going to be populating a computer. But anyways, with that in mind, how do you defeat the computer outgoes? You don't. You do not defeat them, guys. You work with them. You work with the outgoes. The outgoes are nothing more than computerized programming ran by the biggest firms. They are the ones usually controlling the stock, guys. And that's why we are able to make money. We are able to make money is because I'm trading stuff that is heavily manipulated. So when you hear people start talking and complaining about manipulation, that's what I love. I love manipulation. That's when things become predictable. When the stock is manipulated, it's predictable, right? I know the end game. Just work with them. Stop fighting the freaking manipulation. The guys we see on Twitter blowing up crying all day about outgoes are the guys fighting the outgoes. Do not fight the outgoes. Make love to the outgoes. And I'll show you why. So we're going to jump straight into it. So these are the stocks I traded. I'm going to save my P&L stuff that is really mad because I don't want you to focus on that. I want to focus on the strategies and the charts and the trades, okay, guys? So take a look at Alf. Let me start with something that I fucked up on initially, but then I made it back. So look at Alf. This is a trading nightmare. What you see in those little triangles are 500 shares. Each triangle is 500 shares. So I size down significantly on this thing. I guess 500 shares do add up very quickly, guys, as you notice. So this is what happened. So I woke up today and I felt great because yesterday I made money. I made a lot of money yesterday. I was like, dude, I was kicking ass on Alf. I was making money on Alf pretty much every single day until this happened. Let's take a look at Alf. Notice how I was making money up until today, guys. Notice how I was making money up into today. For the past three days, four days, it was trading within a channel. So it was very predictable. We talked about channel trading, which I may make another video on next time, but today's video will be on recycling. But once a channel is like this, once you know what you're doing, guys, I love this type of trading. It's controlled trading. This is a very controlled stock. When I see this formation, I know that there are algos out there that have the stock in control. It's going back and forth. They're doing what they're doing for some reason. We don't need to know the reason. They're just doing it. But if I had to have a hindsight, they are consolidating. They are consolidating. Okay, guys. So let's take a look at this real quick. Let's look at Alf. This is the intro day. I'm going to look up a long term, maybe a 15 day. So what happened is it spiked up. And when it spikes up, it has to clean up the stock. So it didn't really broke down. And so today is an abnormal day. And this is a day that catches short sellers by surprise. And this is the day that if you do not have proper risk management, you will blow up. And then when you wake up tomorrow, you're going to see some crazy action. You go, I knew it. If I held, I make money, but it's too late. You had burnt not only mental capital, but financial capital and all sorts of things that your wife or your girlfriend or your freaking landlord is going to kick you out. Right? So keep that in mind, guys. So notice this. Notice it's been consolidating all this time. And yeah, I made money every day. So today I woke up. Wow, it's taking actually suit. So right now I went to 15. So that's the top guys. So if I wanted to, I'm going to see was like, so when I see a rejection like this, a death candle, it's kind of signals like that could be a temporary top. And so if we zoom in, let me pull this back. Let me see, man. Let's examine this real quick. 1450 could be a line and up to 15. So if you wanted to, I mean, if you... Hey guys, my name is Toss 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 MIC, MIC in general, text me at 213-458-5997. This is not a robot. It was 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. All right. I'll just put it there. I mean, is it easy stop guys? If it broke this, I will stop out for not much of a loss, 500 bucks, you know? I'm using the outer line here as you notice. And so it broke the high of day, which is 1490. I would stop out. That's all I'm doing right now. This is all breaking the rules, all sorts of rules. But this is not bad because I have predefined my risk torch tent. So my idea was I covered all my torches. I can do this webinar guys. So I don't want to get phoned by doing that. So we need to cover Alph real quick. I want to show the fact that I screwed up on Alph in the beginning. It's because of this. Okay. Be very careful. Alph, I was very arrogant. I was making money every day on Alph because it was very controlled. When it's controlled like this, do all I do is I channel trade. No problem. It's, I don't lose much. If I'm wrong, I do not lose much because this is not go out control. Okay. And so you have to, you have to. So during this time, I may have broken a lot of rules that paid me off. Bad habits paid me off on Alph. I got away with it. I got away by adding to a loser all the way up and it would reject that would make money. Cool. Same thing. Every day, it would go up. I go down, go up and go down. So it'll go up and go down. So I was like, Oh, I got this thing handled every single day. Alph would run like crazy and then it would tank. Okay. So I know that eventually you'll have a relief. Oh, what happened today? No relief whatsoever, guys. So if you got into Alph and you did not take your losses, you're dead. This move. So let's take a look at these moves. Okay. So this is why Alex showed the video about kind of resetting yourself and not being humble because what happened, it could easily happen. I could have blown up today on the stock. This stock could have just taken me out and just whooped me, right? So that's what happened in the morning. So this is where, but this morning I didn't lose that much. Surprise. I only lost $1,000 right here. I don't know how the hell I only lost $1,000 right here. Okay. Let me take a look at this. Okay. So I'm showing you bad trading right now. Okay, guys. And this bad trading is that's because when it gave up, it gave up a lot. And so I was putting more size out here. So my average was not that bad. So I got saved once again, but this was unnecessary. I did not need to do all this stupid crap. If it had broke this line up here, I should have stopped out, but I did because I looked at my P&L go. It's not that much. So not that much started to balloon up. Okay, guys. So you have to be careful that the fact I covered here and it gave me a relief. It gave me an out is the only reason why I'm alive on this stock today. A lot of times these stocks do not stop. And, but the thing also is I had watching a chat room pumper pump this up. So I knew that once he sells. So, so what he did was I, so we don't know the, the forces behind all this. Is it because of the chat room guy that moved it up? Or is it because someone else was moving it and he's just doing the party? Right, guys. So we can never assume, we can never assume one or the other, but there's a current touristic with a stock. Okay. This stock has been moving up and down all week. So I know that there's a relief. It's just a matter of when I just got away too early because I was too cocky because it never broke this area before now broke it. And I was like, oh crap. Right. And it was still too early. It was too early. I usually have this rule where I don't really stop out like unless it's like blown, blown me away right by, by like 10 o'clock. So I usually I'm okay before 10 o'clock. It's after 10 o'clock and usually around 1030 to 11. That's, that's when you blow up because it needs to trap all the people first. Right. So I got out, I was only down 1000 bucks. Surprisingly, I mean, how the hell that happened, right? I didn't lose that much. So if you take a look at this, this is where I got, I guess most of the losses is in this candle right here, but then I made it back. So, you know, I'm okay on the stock because I know the patterns of the stock, but the same time guys, this is not something you want to play with because I was being rewarded for bad habits on this stock. And that's how you see all this. So this one actually was the one that got me most of the losses, but I didn't lose that much. Right. The problem, the thing is when it, when it dips, it dips hard. I make 50 cents each time it dips. So I've been making 50 cents and he says, so that's how I make my money back on the stock. That's why I love the stock. The problem with the stock is once it started moving, you should get the hell out. And I was too arrogant. I didn't get the hell out. And so that's why, you know, I lost that, but I didn't lose that much. But still, I could have, I could have, how much do you cover? I don't say that. I don't know what you mean, how much do I cover? I try to cover everything. I don't hold, I don't hold stuff. If it goes down here, I try to cover it and we put it back in here. So I was hoping this thing would channel a little longer. If this thing had channeled here all day long, I would have been up for a lot. I would have made everything back and then made a lot of money, but then it didn't channel. I started breaking up and skipping. That's why I warned the room, be careful. This thing is not trading like the way it normally does. So we actually got some, so let me just put it in. So, you know, I, let me see. You know, it's just stuff like that. I mean, all I'm, so when it channels guys, I'm just picking two channels and I'm just doing it. So I'm just randomly doing it. Right now it's actually here. So I could have done 1408 if I wanted to, but this thing has gone crazy like this. So let's not add any more pain to it. So any questions on the elf? So the morning was what killed it. This thought, if it's over VWAP guys, you should not touch it. So this is where I stopped. So I knew I, I didn't want to add to my, my losses anymore. And so I made a mistake this morning by not cutting my losses after this line. So I said, hell no, I put a heart stop actually right here. You notice this? So I covered right here. You saw the cover and then it's shown up. So that's why I'm okay for the rest of the day. I should have done this stop maneuver over here and over here. Then I would be fine, but did not, but I learned my lesson at least, otherwise this would have taken me out. So draw that line guys, a high of day, put a stop out over that. This was so early that, you know, but then the 10 o'clock is what this one was the bulk of the losses, but I made it back here, but it was unnecessary. Imagine if I had proper stopping out techniques with the stock, I'd be up a lot of money. But all I did was make back my losses, which I was stubborn. I didn't put the heart stop. So this is an example of what you should not do. So if I go back, I would draw the line and put a heart stop over this line. That's what I did right here. So at least I learned not to make the mistake the next time around. So the next time around, it was channeling fine. I put a stop right here and I got out easy to stop. I got right here. 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. We do our best to post a new video every single day. If you have any questions about MIC or any general training questions, please text us using the number here. Also, stay up to date by watching some of our most recent videos right over here.