 Hey traders, this is T Bradley 90 from the my investing club chat I'm one of the top mentors and moderators in chat as a special gift to our viewers on YouTube We have created a free two-hour course to help teach you how to start a consistently profitable trading business and identify high-paying setups in just 30 days There will be limited seating every week so register for the course and reserve your spot now Using the link in the description as a special bonus for everyone that watches the entire video We will give you the link to a free 10-hour additional mini course that has never been released to the public Register now before all slots completely fill up Hey everybody So it is roughly 30 minutes into the trading day for me and 32 minutes to be exact here and I've already royally messed up this trade and what I want to talk about here is not the is Not the loss the loss is actually very small compared to What I wanted to take in this trade so Let me explain here how the system that I've made for risk and for trading these has worked because You'll see in the coming video on Sunday how I truly trade these and you saw in the slideshow how I risk so Let me jump into grub Grubb was gapping down again after a really really bad Day you can see all my levels here. Sorry. It's very unclear You can't really see it, but you can see the giant gap down the red day and then a gap down again today And I put in the watch list that I was gonna be really cautious of this because I Just had a weird feeling that that the continuation of the gap down was was very much a Potential for a bounce And so I I didn't want to be super aggressive at the lower level. So this is Let me show this real quick here Here's the watch list. Okay, so you can see that my first eyeball level was 3290 and then 3470 and then 3530 and then 36 I thought it was a potential short. It's a very cautious of this one No, I like the continuation of the down but very cautious of the potential bounce, which is what we're having right now, basically And this was 828 my time, which is two minutes before the market open And you can see my time right up here Basically, I just don't want to be overly aggressive at less ideal levels So the less ideal level is 3290 level and it depends on how volume looks and When or if it reaches the levels if I choose to take it. So Let's jump back into this stuff here and Let me explain this So I took a loss on grub But here is what upsets me about look at that 3530 level man. Oh my gosh This is what gets me. This is this is why I'm so sideways about this is it's not the loss It's the missed opportunity. Okay, don't don't Don't cry over Missed trades or missed whatever the whatever it is. There's like a little quote that Dr. Brett told Alex one time and he wrote it on his desk But it was like don't worry about something worry about missed opportunity and and that is that's what upsets me about this At how the trade played out not this loss right here. Okay, this this is fine. This is all planned Okay, remember in the video. I said if I short a line I give it about a dollar worth of room to go against me And if it is not right within two or three minutes and it's hitting my dollar max stop loss on that starter position I'm taking it off. That's exactly what happened right here, but that starter is not something that would like do me in for the day It's not gonna end my day so Now that I hit this level This is where you got to put the risk on this is where you got to take the risk This is that the more ideal level this is where the price has fully extended itself It's opened at 32 and in six minutes. It's ran a dollar fifty or two fifty two dollars and fifty cents When the average range is much less So you've got to hit that level you're going With the trend so you know that when it hits these levels It's gonna have a tendency to reject because it's hitting resistance in a downtrend So the odds that it rejects when it hits these levels are much higher than the rest First resistance boop, and there you go again, and then here comes again to the pivot pulls back That's only 30 cents though. Okay, but next line next thing next test right here 35 30 now That pulls back nearly 60 cents a share and I'm like did what and I miss these other trades these other opportunities to catch the first resistance pullbacks Because I'm emotional about this one and I'm thinking about the missed opportunity over here And so I'm less clear and I'm more emotional about whether I should trade these levels or not So I'm just gonna cut it off. I'm not gonna trade anymore. That's it. I'm done for the day and that is why This is upsetting so Take it easy guys. I hope you can learn something from this and If you don't this is more this was more for me than it was for anybody And I just felt like it was a good opportunity to share it Because I know people have been through the same thing that I am going through today. So 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 calm. That's Tosh at my investing club calm 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