 Hey traders, this is Tosh go by T Bradley 90 in the my investing club chat general reminder for you guys for those Who don't know MIC is having a one-year anniversary event where bow is going to be trading live in front of our members It's coming up August 17th mark your calendars as an added benefit for our members The event is 100% entirely free for annual and lifetime members While lifetime on top of that get extra coaching before the event in front row seating While most charged for these events we show our support by making it entirely free again for annual and lifetime members If you are interested in signing up for this specific event and or attending DMT Bradley 90 in the my investing club chat and or email myself at Tosh at my investing club com now today We have a very special video for you guys one of our head moderators Austin who goes by a loha trader in chat is Back for his weekly Thursday webinar He is both long and short bias trader as Austin goes into talking about MIC Strategies market conditions and takes members questions live while this is just a preview if you want to watch the full length Almost two-hour webinar and if you want to watch any of our full length Exclusive content then become an MIC member and so this week this webinar. We're gonna go over some important trades And I say that with a grain of salt important trades It's kind of hard to find any real important trades in this kind of market It's been so slow, but I'm gonna go through some important trades like the trades I did take this week that I felt had some merit and or non merit I'm gonna be going over the weekly market market sentiment as normal we're gonna go over the key topic I feel like is is what's on my mind and pressing this week and This new this new Segment this week that I'm gonna introduce is called the strategy boys where I'm gonna break down and analyze a particular strategy and Kind of go over the ins and outs. What's good about it? What's bad about it? How can it be improved? What makes it successful? What makes it not successful stuff like that? So I'm gonna be going over that and I'm excited about this because this is gonna be on a topic that I Feel it's going to be relevant to almost every single trader in here. So let's get to it So trade did I took? Um, I got this trades I took were KSS and I took KSS now This is a this is a bad trade This is a bad trade that I did and I'm really embarrassed about this trade because I made the same kind of mistake Last week on Roku in my old in my webinar I talked about like how I covered Roku right at red to green and I didn't you know It did go down lower and I should have been there for it lower But like it didn't look so bad on the Roku chart because it where I got this close to the bottom But still I should have held longer Um, and I could have gotten lower on the Roku trade. Well, I certainly could have gotten lower on this Uh on KSS so JMU is the trade that I commented live a couple days ago And again kind of bottom of the barrel stuff important trades But this is an important trade in the sense where I can highlight That this was a flexible trade or an idea trade. I also call them Which we'll get into later on in the video but This flexible trade it means that I was willing to kind of sit back from the trade a little bit And uh and I accepted the risk. I had the ability to accept the risk I was okay with this going back to 60s and I said that in live commentary like this is a back of the radar trade I'm getting in And I'm willing to let it pan out and work because I think my idea might take more time to realize And it's not necessarily going to happen right away trade This is another um cnf was kind of another one of these important ones. I'm not showing the whole chart not Um, not because I'm because I'm not hiding anything or anything But um, it messes up the chart if I show the whole chart, right? Uh, because this stock actually had an offering So like it really messes up. You can't see the the details of my trade if I show the whole one but this eventually did an offering right, so um Always something to be careful when you're longing, you know Like that's a risk that you're willing to take that or that you're putting yourself into that these these third companies can't offer And you got to be wary if you're in I guess an offering market, which is what we're in now So cnf is like a classic catalyst, right? It's a low float stock very classic and phase three was mentioned in the news now This is this kind of goes into my classic Hype factor phase three always has a hype factor and even if it is fluff that doesn't mean that It's not going to catch a fire, right? Like fluff can cotton candy is fluff and it can catch fire Like I know it's not a good metaphor, but it just worked this way so um 750 was there's normally I like to pick a daily chart that um That kind of guides my trade, but this one didn't really have one So what I did was I sit back at the open and kind of let the open tell me What the level was going to be So I saw that seven was holding and 750 was kind of the equilibrium price So as long as we held these two levels, I was kind of confident that we might be able to go and retest this higher day magnet Now I go over this in my front side versus backside video on how The only reason why you should be in a trade is to get to the target Like the exit is the reason why and so last week I talked about how like this these are pictures from walley You know, like this was the one spark of hope kind of like the one The one plant that that's surviving like You know, we only had that one Hope last week this week we're kind of seeing like more more more stuff blossom We're starting to see more more plays open up more More volume come in we had a list of stocks like codex, vlrx, otlk, bioc, cnf, obln, oncs And I rated these red and green based on the effect I fit I feel they're giving to the sentiment vlrx absolutely got destroyed Right remember like yesterday I'll couple whenever this comes out vlrx absolutely got destroyed at the open and that's not really that Good sentiment for runners, right That's not going to encourage a lot of longs to buy otlk was the strongest stock this week like we it had like a day four So it really gave a lot of hope that like stocks can continue We can have day twos you can buy in a day hold and there's going to be gap ups that kind of stuff Cnf had an offering that's obviously really bad for the market obln up until today Was a green and then it turned into a red with this stupid offering in the morning And oncs also offered so like it's kind of split like I honestly am pretty impressed with how active the market is given that this is like Probably the most offerings I've seen in a week and like Gosh, maybe ever right like we had clrb, cnf, oncs, opln Like four offerings in like a week. It's it's it's crazy And so like sparks of hope, you know otlk definitely the spark of hope this week over then I did add to that list But not anymore like when it offered I would put this x here And so again summer is coming Uh, and I'm hoping that we get this one flurry. I ideally before the june Or the the july kind of earning season. I'm hope like I think that's going to be the killer dead summer time So i'm hoping like this is end of may i'm hoping in june mid june or something We get a nice pop or early june. We get a nice pop All right, so yeah, so this is another um, this is a visual depiction of my what I um How I judge the market there's the buy now ask questions later market. This is the market. That's the most fun Provided you don't short too early. This is the market That's the most fun kind of for longs and shorts because there's runners all over the place and there's stuff to watch Everything's going and and there's there's never a dull moment like everything's going up It doesn't even matter but the news is people are in buy mode and like everything just seems to go up 50 60 70 80 100 200 300 percent like this is the buy now ask questions later market The longs market and then from this market We typically transition into what I call the tankers market or the short sellers market or Everyone is so used to just everything going up that everyone gets a little bit overly long bias And stuff starts stuffing all the time. This everything just keeps stuffing over and over and over again This you'll see like plays just stuff in the morning stuff in the morning like high day breaks just fail You'll get a couple of the lrx that just dies straight off in the open, right? And then then you know kind of know you're into the tankers market and There's normally going to be a couple indicators like you're going to get a couple um That kind of in the buy now ask questions later market like they're gonna like sometimes it's an offering that does it like an offering or or Couple of vlrx is a couple of high day major stuffs or stocks that run at the open and then totally bag hold everyone kind of a few indicators that um, that the tankers market is The market is shifting and then from the tankers market We entered the dead market because when everything is dying all the demand volume everyone says You know what i'm not buying crap right like no one buying and if no one's buying stuff then the market's dead And this is where we're at now and I feel like right now We're trying to climb into this buy now ask questions later market We're trying to transition But these offerings just keep like it's like zoostone lightning bolts at this at this transition right just like not letting Not letting the mark not letting this market come about and it's getting Getting kind of hard to put buy orders in you nominate something like tesla And then I start to get worried if I have to borrow a large cap stock That means everyone else wants to short it too and I get a little bit nervous actually Or I get super excited because everyone's shorting because I know it's going to go down all the bend Like I remember uh, nintendo stock a long time ago. It was hard to borrow. That was an otc though like the pokemon pokemon go had its Flurry that would that that one everyone wanted to short it but just took completely tanks. That was exciting play So yeah, and so like thank yeah, so joe brings up a bio like I described this in the chat And he brought up a bio and this is an exact exact perfect perfect example like So on Five one. Yeah, we're gonna get there Yeah, so So this is this is a good example of one Oh, yeah, what you're looking for is that domino effect and where they're kind of lining up, right? They're kind of lining up So like this is perfect like already I can see that this is setting up to be a good one, right? So let's just go frame by frame. This is setting up to be a good one Like you have this one here like this little perk 8 50 then you got like 8 30 8 kind of 25 to 30 area here um $8 750 to vwap area here this 7 25 level So you're just waiting for all these to turn like it's probably gonna happen around here Right like this one's gonna lead to that one to that one into the high of the day and this can really go right So like you're looking for stuff that has like high volume strong volume good catalyst low flow And you want to see that kind of initial push, right? um That that says hey it might happen and this is we kind of get it and oh look at this So see how this works out perfectly this this right here is um This right here is 8 25 so It it coincides with this one here. So now everyone's thinking it's totally gonna work, right? Like this this resistance totally held where it tanked hard before It's totally gonna work like it so like people can short now with the with a good risk on 8 25 So this means that if this ever does break 8 25, it should be pretty strong. And so like that's like scroll scroll over Where is it? Oh crap. Oh crap. Oh, so it's right there. It happened pretty immediately It happened it happened pretty immediately So see that yeah, like the second it breaks through the 8 25 and 8 30 because now everyone thinks it works and when it doesn't it's totally gonna go right like and And and this is this is the domino like this, you know, this breaks this breaks this breaks this breaks and we just break high a day with with severe authority because um There's those dominoes and stops and high volume coming in right this high volume kind of ignites it That this is kind of the perfect one. This is exactly what you want to see this higher low consolidation You know relatively high volume high volume on the perk um low float good catalyst All this stuff This is the perfect one. I would say and view up coincide so perfectly with the initial push. It's it's perfect um and Like I think joe asked so what would your risk be my risk on this would be the 750 where to meet where it originally perked through Um over and under I I don't think I could risk 7 91 Maybe if I felt that there was dump risk like it was thin on the tape I might sell half under 7 90 that I can see myself doing that But saving the rest of the half of the stop for under 750 just so that if it does like fake and reclaim I'm immediately getting right back in and I can Trust that maybe now that's my new stop if it's fake to break down And then held the higher low right there that might be my new stop But as of right here if I'm buying there at 750 is my risk over and under um What's my average full size on small caps? I don't like a max share size to just 10k I don't really have like a max share size. I typically don't like to you so like like If the situation comes up where I'm willing to ideal a bit more in risk, right like And I normally keep size kind of quiet just because I like that's kind of an unspoken truth in trading. I guess but like um, I know I'll say this no I I don't think I'll I'll ever like to lose $1,000. So I guess there's that but like I'll go in more than 10k you know like I'll like if there comes like a really nice, um If it's really good setup and like I feel like I can have tight risk where it's liquid enough and I feel like I can trust the tight risk, right Why not go bigger just have that, you know, same risk that you would have on a normal trade but bigger reward, right Those are kind of rare when you when you find those tight risk trades But um, you know where you can depend on the tight risk But yeah, like if I find those like when I do find them, they're rare But I do like to take advantage And I'm happy to go as much size as my risk is willing to let me go I think of everything is how much do I want to lose if I'm wrong? So I use VWAP to help with longs. So VWAP is my guide, right? VWAP is not my holy grail um, I like to use it um when it coincides with the thesis like Uh, ABIO was the 750 thesis, right? The this is where the last big volume tank reclaims like VWAP just happens to be there that makes my thesis stronger. Um, I I am see I I will buy under VWAP if like AXSM was my very first recap And I think that was an under VWAP by there was high volume consolidating From the daily level at six and that was what wasn't important for me for the trade was the daily six dollar level And because that was the you know that held and was Making higher lows and grinding we were under VWAP at that time. I didn't give it a second thought But I can't I do understand Um traders who are newer it's probably a good rule to have don't buy under VWAP because I would say most stocks that are under VWAP probably stay that way. You know, there's not a lot of You know reclaims don't happen as often as non reclaims do So I can understand that rule for the newer longer or the newer trader Is buying and selling the inner lines work the same and similar to large cap? Yes, I don't really do inner lines on large caps just because range is typically a lot Larger so I'm typically mostly going for outer lines on large caps, but I do think support and resistance works the same When buying the dip, do you wait for confirmation or set fantasy orders? So this is the key question, right? Like do you wait to let the bounce prove itself and then buy with a little higher risk than the fantasy order? Or do you get in jumping in front of the train and not this is the my answer to that is both sometimes I do both depending on This setup a lot of times I do half and half so I'll do half and half like I'll put half of my orders out there for fantasy and then if it confirms Like I'm willing to add lower and then if it confirms Um on my dip like if if I if it does bounce from that level I'm willing to put the rest on and can once it's confirmed So sometimes I do half and half and he set up some trading zombies. Yeah, all of my A lot of my recaps are kind of trading zombies like this is one I just went over a good example for the zombie trade How well respected are lines in large cap stocks? I think they're respected Still the same, but I think maybe for from a small caps eyes They may not be respected just because the wiggle room on a large cap needs to be a lot more Like a wiggle room on a small cap might be Like five cents for me, but it might be like 25 cents on a large cap Hey traders, this is tosh I go by t bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about m. I see joining m. I see maybe you're a member already You have three ways to contact myself personally and through m. I see you can hit our social media You can hit me through pms in chat or you can contact us through my email at tosh at my investing club.com That's tosh at my investing club.com. I will get back to you in a timely manner And I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask Any question that they have we are here for you guys. All right. See you guys