 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. So guys, I wanted to make a video kind of, this is not really much about necessarily like anything to learn, but it's something I want to talk about and I think it's pretty important. So I've been getting a lot of DMs lately and it's like I'm not going to put anyone on blast and obviously I'm not going to use names or whatever, but you know I got a DM you know of someone saying like you know they are trading, like they trade really well. You know they go on these green streaks, they make a lot of money and then they just in one day lose like a month or two months of gains, right? Or you know someone that says they trade so well and then they after they are green they start to get stupid and like do dumb things and like give back all their gains, right? And I want to start off this ramp by saying that we've all been there, right? We've all been there, you know every trader has, most traders have done the same shit, they've been in the same shoes or same position as you where you know they have those beginner stages of like FOMO and impoverished management and all that, right? But you know you guys are paying a good amount of money, right? I think MIC is too cheap, but obviously we're an expensive group, right? And we're expensive because we are worth it. We preach, we're one of the only groups that really truly preach and practice risk management in my opinion. We are one of the only groups that continuously put out updated education every day and like literally every day and we are here 24-7. I mean I don't know any groups where you know you'll get mods doing trader calls at six, seven o'clock at night on a Sunday or weeknights or every day during the trading day. It's just that's not, I've been in other rooms, it's not a thing, right? So something I wanted to talk about was for the guys in here who are still struggling, right? I want you to message me after listening to this video like I want you to give me reasons, like actual reasons why you're not following the basic rules that we put in place as traders. You know you have guys like Alex making a million dollars already, you have Bao who shows his P&L's like, he made 18,000 dollars the other day, Bao is one of the most consistent traders in history, right? I mean you have these other mods making crazy money, you know you have all the way down to like the junior mods who are killing it, right? So I want to know like what it is that you are trying to outsmart that a lot of us do. And I don't mean this in an arrogant way because I was you, I was in that position at one point where I always tried to outsmart like Alex, right? He'd make a watch list and he'd draw a line and I'd be like, I feel like it's not going to get there and I'm short early and I'd end up doing what he said, right? Or you know I would let my lost balloon, you know I wouldn't have a max loss set. Hey guys my name is Tosh Bradley and 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 M.I.C. M.I.C. in general, text me at 213-458-5997 this is not a robot, it's 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. Whatever. So for everyone who's still struggling like who's literally break even trader or still losing at you know whatever I will I my challenge to you and I know Alex is something similar with the lifetime members which I'm not going to get into but you know my challenge to you is I want you to go into tomorrow or the next day whatever the day after this video comes out. Your first order of business is to message your broker and set up a max loss right. I know Kober does it. I know trade zero does it. I know all brokers do it for the most part. Set up a max loss right. I promise you no matter what happens like the market will be here tomorrow right. If you hit your max loss trust me you weren't going to make a trade that day anyways that was going to make you rich okay. The only reason people don't want a max loss is because they're afraid of missed opportunity and I promise you if you're hitting your max loss that day you were not going to nail that trade anyways right. If you're making a hundred dollars a day consistently in my opinion your max loss should be no more than I think max two hundred dollars and you can increase it as your average days goes up right. Enter your stats in the trader view it tells you your average green day right. And then you hit a point where like my my max loss is like actually like right now it's like a quarter of my average green day because I try my hardest pretty much not to hit it and that keeps me very like laser focused on entries. I can't get sloppy if I get sloppy I'll hit I'll stop out like automatically so I think you guys who are still struggling right. I mean I I almost I don't ever want to get a DM again from someone saying I blew up three months worth of work or I were a week's worth of work. If you have like guys you don't get into a car and drive a hundred miles an hour without a seatbelt right just like you can't get into trading without a without a max daily loss at the broker level right. You need to do it that is step one right if if you don't then do something that simple then you should probably quit because that is the most easy seatbelt you can have right. Number two you need to then contact your broker and set up a max size. If you're used to trading a thousand shares right now right the only reason you probably hit four five six thousand shares is because you're upside down in a trade I've been there you know my max size for a long time I trade like one to two thousand shares and then I find myself locating six thousand because I need to make up a dumb loss or I need I was kind of like upside down in a trade and I was like well if I add more size at this line and you need to cut that shit out I've done it I'm telling you it will never work in the long term. I hope this kind of inspires you a little bit and helps you out yeah I don't know what else to say other than I'm gonna have a drink and I'm gonna get ready for tomorrow later guys. 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 MIC or any 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