 Hey traders T Bradley 90 here for those who do not know Alex took on the challenge recently of seeing how much he can grow a $30,000 account in 30 trading days and the results are in and he made $84,000 in less than 30 trading days, which turned his $30,000 account into a hundred and thirteen thousand dollars Alex recently put together a free mentorship course with his mentor bow explaining exactly how he did this the link is available at My investing club dot co slash Alex There's limited seating every single week. So be sure to reserve your spot as a very special gift to our YouTube viewers I want to announce something very special This is my personal phone number my personal number that I am putting out to you guys if you have any questions about joining M.I.C. Or on the fence about joining our wonderful club You can contact me now directly and personally and I will get back to you Hey guys, Austin here back for another trader cap this time on rad RAD a large cap But before I do I want to say I'm not licensed or registered I'm not a financial advisor and none of this should be taken as investment advice even if it sounds like it Okay, so rad Coming in Coming into this day. I had a I had the idea for a first red day on it Clearly for those who are familiar with the first red day the first red day is Is when you attempt to short the stock that has gone parabolic just green green green green green day after day after day You know green up update update update update update and you're just waiting for that first red day that first That first profit-taking day that first day where sellers start to take over control And it shifts from buyers and control the sellers and control and so we had a great opportunity for a first red day here on the 27th and The reason I wasn't gonna do this video at first just because like it didn't play out exactly the way I wanted it to But I realized like we don't get that many opportunities for first red day So I figured I might as well do it and explain what I was thinking When it happened so normally I have two Criterias I have two criterias for first red days now the two criterias are like the two Variations of the setup. There's the first red day that gaps up and the first red day that gaps down So for example rad could have gapped down from, you know, it closed here on the 26th Or at like 19s if it had gapped down to 17 or 18 right 1750 or something like that Then like a push up right to 19 right like so if we had like, you know You know where we close it if you had gap down to here and then push up to 19 That's variation number one is when it gaps down and then what I like to do is I like to short the push into red to green Expecting red to green to fail and then to add on the confirmation as red to green fails. So those are my two those are my two That's my plan of attack for the gap down version now the other variation which is the one we got today is The gap up variation when a stock goes green green green green green gaps up and And then you're still looking to get that first that first sign where the sellers are going to start to take control right And I'm trying to zoom out on the chart here and so yeah, and so It's always great when there's like a beautiful level to kind of go off of but on the left of the chart here There's not something super great to go off of so that makes this first red day a lot harder and It also made it a lot harder What really was the curve ball in this first red day is that we didn't it gap way up, right? We closed at 19 and we opened at 22 that's a very big gap up for something that's already up five days in a row of Straight parabolic green action. So how do you tackle something like this? Well? No, the normal variation like if this would have gapped up, you know this closed at like 1920 it gaps up to say 20 Right normally what I like my a setup for the first red day is if we had opened You know we closed here floated up if we had opened at around 20 We tank in the morning to go and test red to green that means that there'll be a red to green line Righted around here. Let me make a horizontal line Right it like what was it 19 right there? They'll be like a red to green line right at around here And if we're opening it like 20 or 2050 we're gonna pull down at the open into this level And now what I like to do is I'd like to see that level bounce or somewhat hold then I want to see a Push up and then I want to see a lower low in Conjunction with the the prior clothes line Now that's my a setup variation for this Secondary gap up version of the first red day I like to short a lower low a breakdown in essence of the I want to basically see a breakdown on the prior close Meaning prior close failed to hold this is probably when profit-takers are gonna come now What makes this scenario very tricky is that we get way up, right? So there is there's really no chance of it opening at 22 and tanking all the way down to 19 And then getting a bounce in a lower low on 19, right? So I knew that was gonna be out the window But that doesn't mean that I still like I still don't want to capture this you know this first red day I do there's I do feel like there's an edge here in training this as a first red day setup So the trigger the the signal is not ideal, right? This is become this for me becomes not an ideal first red day just because it doesn't fit perfectly into what I like to There's no chance of a breakdown upon prior clothes or anywhere close to it, right? Like you know if you know if like 1920 or something was the prior clothes Maybe I'll use 20 or 1950 if it's close enough I can group those together on a large cap stock, but we weren't even close We got the 22 and that's too far away. So that's the curveball in this situation. So You know I experimented with just shorting it right out of the gate and let me just pull up my charges To show you guys I Experimented with shorting it right out of the open thinking that maybe if 22 was the pre-market kind of you know It was kind of basing here near the the clothes of pre-market if we can break down here Maybe I'll have a nice tight risk on 2250 or something like that tight risk. I say tight risk, but it's you know It's just a feeler trade and It's It's a large cap right I give it more range I'll let something move like a dollar with this kind of range on a on a starter Hey traders T Bradley 90 here Tosh Bradley from my investing club chat Just wanted to reach out to you personally and show you how to contact myself personally If you have any questions about joining M. I see about M. 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