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So today I want to go over I've been doing a lot of like super meticulous like super strategical like moments that matter trading styles gosh I even I forget my last full size super super technical stuff and I kind of wanted to do in like a psychological one I haven't done one of those in a while so I want to go over a lot of the you know the kind of pitfalls that you guys probably fall into that we all fall into if you know if we're not careful and some safeguards against them and kind of how we can work around ourselves as our own worst enemy kind of deal and so we'll go over the market sentiment as we normally do if you guys probably know what's coming we'll go over the key traders a week I didn't get much trades I had a couple of trades I'll go over them and because I didn't have I didn't really trade or really watch a lot you know I'll do the whole like for this week if you guys want to just throw out tickers you want me to kind of go over and you know try to find some trades or see if there's a good trade on a chart without telling me your trade so maybe like if I you know like if I can spot your trade on there maybe it'll make you feel good about it or if I look at a chart and be like do that looks like absolute nothingness maybe you know watch yourself you know we can kind of play that kind of game but you know I'll go over the key traders of the week you can throw out some tickers when we're ready I have a rant ready to go something that's been bugging me and and then we'll get into the psychological traps or pitfalls that I feel like we're most subject to and what we can do about it and at any time in the webinar just go ahead ask questions and I'll you know I'll try to make it more interactive and fun and mods can answer questions too you know I mean like it doesn't have to just be me shorts definitely still have the control right this is still the first dead market of 2020 and probably the only one you know shorts still have that control in the dead markets last week momentum it was literally all-time lows of this year not all-time but 2020 all-time lows and I but this week I believe we saw small sparks but of course all of them got doused right like all of the could be runners got doused with the exception of KCAC today right that's the kind of the sole exception but that's kind of a that's kind of different right I mean we're talking about a $15 stock 15 to 20 it's not exactly a small cap like the typical small cap and it's got like Microsoft Bill Gates news attached to it so you almost don't want to count that as a small cap but if you do count it as a small cap then you know like that's the exception but other than that there are no exceptions all of the small like almost runners kind of got faded out like J&C and Kodak and IGC today right all those are getting doused out so we're starting to see these initial I'll be at weak attempts I think that's a bullish factor on the market yeah not today this is the bull market of the bear market of of this week large caps have really been on a major rally I think that's ultimately good for smalls right because historically whenever markets at all-time highs that's good for small caps the only reason why I think it's diverging this time is because of you know it's COVID is having it's a office COVID is having this weird you know opposite effect on large and smalls right now and one thing I've noticed lately is this week a lot more easy to borrow names and that's really good right because if we can get more easy to borrow names shorts can can participate more and eventually one of you know eventually the law shorts will all get caught in one name and that can be the one right so the more easy to borrow names that that's a bullish factor on the market like if all the stocks are easy to borrow then that's an environment set but it's a bullish environment set up for one stock to squeeze and then another one to follow and so and so on when that huge red candle happens what's the percentage of the retracement of the pop you are expecting I normally like to see it's normally it's not a percentage I just want to see a pop to a nice level that failed the technical level something like this like I want to pop to seven you know something like this I want to pop to nine right like I want to pop to nine here it's not necessarily like yeah like 920 this would be okay there's a nice support break here a pop to 920 VWOT 929 and anything in here would be acceptable you don't get any of that right here I want to pop to seven like like initially you don't get it until it forms a base like and see once it forms a base it eventually goes by but it holds this base for a long time and I want to talk about VRA one more time there was a VWOT reclaimed trade or last year I would have taken this trade maybe in six months ago I would have taken well in a in a better market I'll take this trade but in a better market I will take this trade but I didn't take it now and I this is how I'm using the market sentiment to kind of avoid a loss here hey guys my name is Tosh 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 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 video yeah so this one was today Bill Gates is the catalyst and so that that was enough for me to that was enough for me to take the trade I was initially long biased on it and you know so I you know I kind of waited I waited for like something to hold some kind of support to hold and I wanted to buy it I did I got a nice sell this was annoying and and so this is when it became really short this is when it became really like supply crowded because like when this thing like tank 17 I was like oh crap I was trying to sell at 1720 that's okay I'll just put an order at 17 I'll put an order at 1710 it'll pop back and I'll fill and it totally was trying and 17 was holding like an asshole and I just like I eventually just had to get it off because it just it wouldn't bounce so that was annoying it's just the last third but I was trying to get it up there and then like and then when a tank down like to here like I was like okay well this is this is a really bad tank let me see if there's a pop to get short and like just like I just went over with like VRA and Kodak there's just no chance because it's just too supply too supply heavy it's just can't pop can't pop and eventually when everybody you know like chases it that's when it pops right and so I actually had a feeling this would happen I got short on a nice pop up here I mean this is this kind of level I got short on the size pop and I knew this was gonna I knew this is gonna stop me out to second I took the trade I was like okay I got filled so here it's gonna stop me out so the key thing about this trade is that like like I said every trade is a you have to lean on probability or risk to reward right and so in this case I was leaning on probability right like and so the key thing about this trade is when I had a line trade I did start early in like the I had some in the in the teens and some in the third and some in the in the high 20s and those are like my starters but I wanted to get the 850 line and that's where I put kind of like the bigger size I put half of the bigger size right there on the way up at in you know in those high 40s as it went up there and then you notice I watched it go up to 50 55 60 kind of let it do that if you know is it just gonna like break is it just gonna like break 50 and I'm just gonna be fucked here but no I it kind of I let it do that it kind of flushed down and then it popped back up to 50 stalled again and that's when I put the orders in that's kind of like me being safe on the line because and I was kind of cautious with this because it didn't kind of have this grindy low scary but here's the thing when it comes to I'm always on the other side of VWAP reclaim trades right like whenever I'm always on the other side like I'm always buying this chart and in another market I'm buying this chart it's easy to borrow it's got higher lows like I'm buying this chart like you know like in another market I'm on the long side and I'll lose if it does this but in an exciting market I'm gonna be buying this chart but in this market I really didn't just I flat out I said at the start of the video like I just don't believe it like the first thing I said right like something like was there any healthy competition and comparing yourself of honestly dude like a healthy competition it's kind of hard to find a healthy competition in trading like trading is a very isolate game like the thing is is like you really have to like you have to I don't know you have to be in your own world I don't like to even compete with my tab like I like trade your tab is like your buddy it's not even like like healthy competition I don't I don't know if you can like why don't you just like the thing is why don't you just healthy competition with yourself from yesterday right like the thing is like if you can if you and someone are literally like similar to the same trader then sure maybe you can have a healthy competition but normally you guys are different like and so it's very hard not like the thing is like if you're in a short week and your tab is short and you're long like it's gonna be hard like you're gonna feel like you're losing all the time and like like like now like you feel like you're losing all the time so let's get into some psychological traps here so there's just one of the psychological traps that you guys can do is create way too many fucking rules right and the reason why you're making so many freaking rules is because you're basically just so freaking afraid right and an example is like it needs to pop to this precise level or oh SSR is on can't take the trade right like SSR shouldn't ever be something that takes you that make that like takes a trade off the table right like it's still gonna trade with price action you just might have to be more cautious and stuff but like or like oh it's up to me it's 1.99 million share flow and I don't trade these right I don't trade these I only trip you know it needs to be above two millions that kind of stuff right like like too many rules too many dumb rules too many too many of too many trade avoidances right I want to take this trade but that volume but the volume candle on but the volume on that candle was too high or too low not enough like like by 20,000 right like that kind of stuff like oh I like you know that kind of shit and here's the one let me tell you this is the one that that I struggle with the most right and I eventually had to go dark because of this and going dark just means you have to kind of just go into your hole and I think traders event I think every trader has to do that eventually traders have to go dark and just go into their own hole and I mean not even like from their tabs like every now and then like a trader needs to just isolate and just do them for like a week or two just to kind of find their own head again sometimes when they just have too much of this crap too much of this phone or too much of this P&L and V shit like too much of this anyway it just it's it gets a little hectic sometimes in your brain and you just kind of have to just like go dark right not all losses are avoidable some are unavoidable and yes you can take it way too seriously way too personal if you're taking trades too personally and trying to really perfect this shit you're just you're building yourself you're just digging yourself into the psychological hole where you're confining yourself and you need to break out of this like you have to be you know you have to be free to to trade yet you know trading is you know requires you to have a little bit of flexibility and rigidity and rigidity right but you are just boxing yourself in because you're too afraid to take a loss right you're creating all these rules take a loss to only make sure you take perfect trades and they just they don't exist that was over 9000 oh that's the next that's that's the next that's the next when I get when I get tired of I poppy which will not happen for a very long time that'll be the next time so for 9000 yeah it'll take me a long time to get over I poppy I still get it I still get excited every time I feel right on guys right on I'm gonna stop the recording now thank you so much for watching our video 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 I might see or any general trading questions please text us using the 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