 Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat a general reminder for those who do not 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% and exclusively free for annual and lifetime members While lifetime on top of that get extra coaching before the event and guaranteed front-row seating While most charged for these events We show our support by making it again free for annual and lifetime members if you are interested in signing up for this event DM T Bradley 90 in MIC slack chat and or email myself at Tosh at my invest in club calm Now we have a very special video for you guys this week as I do week four of my new member orientation webinar every Wednesday at 2 p.m. Eastern Standard Time and this week specifically bow comes on and Kind of just writes a bunch of texts and what you know his process is What he does daily what his routine is and it's a really good look into what it takes to be a trader in all aspects of knowledge So let's dive right in and while today is just a preview of the full-length video If you want to watch the full-length or any of our exclusive content that become an MIC member All right guys, we're recording. This is a this is week four of the Q&A just open in free talk The webinar just finished and let's let's get into some free talking questions Like who's got any questions today for anything whether it's, you know, what ran today whether it's hard stops whether it's training Do you guys have any questions about anything? Maybe we didn't talk about yet or you need? Clarification on does anybody want to talk about something specific or I can just go into some cool examples on stuff You guys can hear me. Okay, right? I'm just making sure everybody can hear me someone post down at the new member channel that you guys can hear me Armando, what's up, buddy? Oh, how you doing, man? We've been talking a lot lately. How you doing man? Are things good? Are things good? Talking a lot in pms, man. I've seen your journey man. You're you've been here for a while. Oh Sick dude. Thanks for tuning in at work man. Don't don't get in trouble Don't get in trouble there partner. All right, somebody's got to have some questions or I'm just gonna start talking about some random stuff Who traded good today who traded bad? Let's talk about why let's talk about what can help you Let's talk some stuff Hit me with some question eggs and DMP. I got slaughtered today. Jeez Tosh, where do you post reported Q&A? Don't see them in the library. We post to we as Jim What's up, buddy? We post to the the YouTube and we do post in the library. We just literally posted Kind of hard time because I was traveling, but I did just post episode three Alex may or may not have posted the link yet But that'll be up very shortly and then today right after buddy. I will upload Today's session and week four. So that'll become a death. Oh, yeah, stay tuned for that But we post we I try to get them out as quick as possible every weekend. Definitely. Oh like miss the bounce on DMP I yeah, man, you know the bounce in the morning like when I was warning I was like man, this is pure front side, you know pumpers were all over it It was the only thing running today. It had like five million volume in the morning I wish it was the chart on here. Um, I'm gonna have to I'm gonna have to make it so I can start posting charts I'm here and talking about it going into it, but I can't right now But yeah, DMP I man was a front-side long and then it was a total total death line and back side short If they get off all day, it was a nice one Can we talk about establishing a process your process getting It's all day long. Holy shit, bro. Dude. They really hit UPS trucks. Are you kidding me? Zazzle that sucks. I'm sorry to hear that. Hopefully the company pays for it All right, so when it comes to a process guys, we we preach and we talk about process a lot Everybody's process is gonna be different, but within its difference. There is a lot of similarities, you know Val likes to talk about how he is a ritual every day of like it's kind of funny But you know, he's very open about it. It helps him, you know, he's got to get a certain amount of sleep He wakes up. I think it's God Val what Val can confirm this, but it's like 430 our time so me and Val live in California, right, which is like 715 or 730 for You know eastern standard time and you wake up and do your things man I like to brush my teeth every morning. I cannot start the day unless it brushed my teeth I just feel disgusting. So Holy shit, bro Mine's 445, bro. You beat me. So Val's alarm is 408 hour time guys. That is insanely early So 708 eastern standard time we got to get some sleep on the west coast But you wake up you do your ritual. I know Val takes a big old boost I brush my teeth if I have time to shower then I shower and then the first things first is I like to do just like a five minute or ten minute run So I'll take my dog outside man anything to clear my head I think they said like if you do a run in the morning you Yeah, man, I Love it. That was posting his His process right now. I love it man. You gotta do what works for you man Your body is going to you can train your body to do it every single day And then it gets going to just become repetition like your training should be so I'll break mine down man I wake up I brush my teeth literally first thing I have to and go for a run outside And then I'm Instantly while I'm outside or running or walking my dog and getting fresh air to jump start my brain a little bit more I am Contacting Cobra. I'm contact my boy Chris at Cobra shout out Chris and I'm saying Chris I like tickers. I just read the watch list in MIC chat. I've seen the main trading chat. I hit up Chris I go Chris What do you have at this? What do you have at this? What do you have at this? Let me take this this this I get all my locates Latest by eight Eastern Standard Time. That's five my time and I'm making sure that I'm ready for anything and within that I Have already scanned through criteria. I have already seen loads of everything. I've already seen short float percentage I have read the catalyst the news Once I get my locates and then I am placing fantasy orders on anything and while I'm a short seller I like to hit pure backside. So if it's already in backside, I have my specialty Fantasy orders my fishing quote-unquote fishing orders out there Ready to hit if it is not in backside then I am waiting for that intraday or end of day for a fade I have my locates already paid already reserved and I will hit those when the time is right again It's anticipation first confirmation But I am doing all the necessary information every single day like like a broken record It's very simple once you guys get a process going that is your process and then you fit rules into your process. So Alex's rule that is completely his process is he does not trade after 11 a.m. Eastern Standard Time if he does He's breaking his rules if he sticks to this every day He is insanely extraordinarily consistent and profitable and then now has his set of rules and I have mine and then you have his and I'm sure old like has his so it's things like that, but uh, let's go through these real quick I want to see so bow his alarm is 408 Then he checks the scanners within a man m. I see chat room. I do the exact same thing checks for locates brush teeth do vows He'll be this training desk by 445 a.m. And go through low hangers new places. See what he likes to locate next Cobra has a lot of free locates. They do I I can definitely recommend this guy's will save a lot of money If you go to Cobra, you're gonna you're going to say as an m. I see member You're going to save like 25% on commissions off the tally So if you guys trade a lot or scalp a lot that is a ton of money by the end of the year It's I I did not hesitate when when Cobra introduced that to So he calls Cobra. Oh, but you know Paul Cobra open the account and mention your m. I see and get these discounts guys seriously RLG why I screwed up today. I spoke about this on IG live. You should watch to hear it Because I lost yesterday. I PTSD on CHMA and RLG like today. Yeah guys if you saw CHMA yesterday That teleport candle in the immediate open if you are not using hard stops, which we'll talk about in a second You're dead. You're dead. So you need to have risk in check at all times So up until the open I'm researching new plays and low hangers for lines areas of interest And filings to see what edge he can find on each play. I love this So guys anybody who's looking for a process screenshot this right here about is giving his entire strategy of what he does each morning Then he narrows down the list of the top three. This is key now We love the top three and four plays his attention or float. It's very important. Watch the trading fish videos You'll understand why All of our all these questions are definitely in the videos He wakes up early to research plays as well as low kidding hard to borrow stops are short So, you know, it's look guys trading is not easy, but it is very simple You just have to learn the foundation You have to develop a set of rules after back testing what works for you And then you have to do what works each day, you know, I get a lot of traders man They PM me every day and they're like dude talks to me 500 day I mean 700 today and then the next day they lose 1500 and I'm like bro Like are you sticking your process? Like what made you lose 1500 versus your max loss on the day of 500? And he goes I just were Ben straight and I kept going in and in and I go. Did you break process? It's a simple yes or no question. Did you break process every single time? It's a yes. You're dead You're dead. You're dead trading is about showing up every single day putting the cobs the gears in motion You know the Swiss watch only works because each cog works every single day the same way, right? That's how a trader's journey should be wake up. You do what works and you avoid it everything that does not work And then you delve into what doesn't work. You're gonna fucking lose. You're going to lose. It's repetition repetition Oh, that's got more so he plans all his trades trades are planned before he clicks the button on the same way We've got fantasy. I learned this from Valor the years We're doing fantasy orders that backside is in guys or we look at the daily chart or the daily levels That is where we're getting into a stock. He knows the lines He knows the area of interest and he has a plan to know where to add What our reduce or exit completely or take gains and where to take losses if he has to or stop out You but the key is and I agree with this the key is focusing on one to three I can only do up to four stocks comfortably Because I look because they're all in one screen. So that's my process if I have a fifth stock My brain is just all over the place. I can do it But again if you want to focus on like one to three maybe a fourth and uh have a plan guys Have a plan have the exact levels where you want to add Reduce or bail on your position and then put fantasy covers in if you do like what I do Um, so he plays his fantasy orders on all plays He likes what he focuses on the top three then he ranks them So he can size into the best and forget the rest is you know kind of Alex says Or go very small because he's willing to risk maybe you know Um a couple hundred bucks or 500 bucks on the scalp, which you know, that might be it's all relative, right? So if Val loses $500, that's nothing to him, you know But a new trader who comes in and he's got a $2,000 account You can't just throw bullets everywhere. You've got to really plan and build an account Uh because when a stock gets there you already know your plan. See that's the whole key guys when you do all these Pre-planned notions pre-market. There's no surprises and you cannot wing it. You know, oh See I just said that before I even saw that you don't want to wing it I never wing a trade man. I'm waiting for backside if backside's not in I wait for the confirmation This is why I just I used to wing it for years and I would tread water And you you know, you make a little money you lose a little money You make you lose you make you lose and who wants to do that? You don't want to tread water and bleed out and that will just burn the candle out So, you know have a plan in place never wing it Um every trying every time Val tries to nail something that moves he'll screw them all up I will too who wouldn't who wouldn't Val's been doing this 16 years and that still doesn't usually work I've been doing this for six years and Alex has been doing this for six years and it doesn't work. You can't wing Um nailing one play is better than screwing up five. I cannot agree more guys. Um, I swear to god I would rather this is uh kind of like a quote. I put in place recently I would rather hit Much harder two to three times a week on an eight plus setup Then try to make a little bit each and every single day while risking mental capital See mental capital is everything and it's as important as trading capital because like I said If you're the type of trader who's finding consistency right now But in little bits and you're winning today, but you're losing tomorrow You're winning the next day then losing the next day and you're you know You're one step forward a step back or you're one step forward two steps back guys That is called treading water. You will burn the fuck out like a candle over time and you will eventually go Oh trading's not for me. You know, I can't do this when realistically Maybe you just needed one little little tweak that you can get on a call with me or any of our moderators daily Which we do daily calls and we can help you identify why that's happening. Maybe you're sizing too much Maybe you're not using hard stops, which is unbelievably important Maybe you just need a little bit of tweaking your processing morning It's sometimes the littlest thing can change the trajectory of your entire career But preserving your mental capital is as important as preserving your trading capital Um, yep when starting out paper trade to learn the mechanics. Yes Anybody who's you know a month in enforcing real money guys, that's crazy. That's fucking crazy It you know a lawyer does not become a lawyer unless you're with a law school Right or like a doctor with medical school you need to practice on fake money first I mean if you've got a big bankroll and you're like, you know gung-ho Then at least use hard stops and make sure that your risk management is in check But I never never recommend that a trader Starts off with real capital because you don't understand how stocks move yet guys You don't know what front side is you don't know what lines are fantasy orders You don't know what backside is a red to green move All these things you don't know that longs You know can get caught in an offering things like this that maybe you might see If you back test for at least a couple weeks or or a couple months if you really need to Um Yeah, when you find consistency you can increase size absolutely But don't size until you are consistent. See that's the key and then when you do size guys, you know, it's not about going in Double or triple your positions. You know if you're using a max size right now as a new trader 500 shares Guys, I don't want you the next day after a week consistency to go. Hey and now I can do a thousand shares That's ridiculous. You should go to 500 to maybe 600 to maybe 700 to maybe 800 You know what I mean to like week after week like you need to increment your size slowly to the point of You almost don't even notice it. You're just so consistent that this little bit keeps adding up more and more I think this is how they do it at proverbs as uh now one said but um increment, you know 10 20% when you're ready But already consistent um I'll get to these guys questions. Hold on one second. I just I want to go over what boughs saying because it is truly truly Revolutionary information right now. I mean for any new trader coming in guys. This is this is you got a screenshot all this stuff Um, you know boughs like do your homework? Classwork by watching videos and then observing you don't want to gamble So the best way to start guys is to if you're new to trading today, you know get a dots simulator account pay 100 bucks a month Uh, whatever it is 100 150 bucks a month um, or sometimes there's free simulators out there think or swim whatever it is but if you want a professional platform to trade on it dos and Watch our videos simultaneously while paid for trading each day, you know reading chat You know reading all the commentary and then and find a tab. Yes Find a tab partner have a tab partner from day one You do not have to do this alone. Have someone hold you accountable Now when alex do this when alex is out of town Bow sometimes goes a little reckless in his trading and vice versa. So it's good to always have somebody to watch your back um it isn't uh Irritated irritated. Is that what you mean by is an irritated process to me? Oh irritated back and forward to refine your process um start with paper trading find um comfortability then go live trading with 100 shares Uh to learn the mental and live trading aspect. Yes, man. I'm telling you people or you know people say, oh paper trading is not cool Blah blah. Dude, what's cooler paper trading or losing a ton of money Paper trading till you're ready. So the interrogative, uh, am I saying that right? I've never seen this a k back and forth process to find consistency because you're still learning the strategy when starting out just observe and watch This is key. Um, see what others are doing and like I said, you know go to chart recaps and bills um Go to after hours start networking and find a trader that links up with you links up with your play style and make them your partner in crime Uh dos does have a um. Oh dos has free paper trading account for 30. Yes it for 30 days. I didn't know that so guys You have all the resources you just got to utilize them Then after 30 days you go live with 100 shares to feel real trading get the emotions and check You know feel what it's like to Go fishing so to speak and because fills are not instant in mental aspects So that's the that's the only thing that sucks about paper trading Is the fills you could fill 10 000 shares in a matter of seconds because For instantaneously because it's not real money, you know these market these these orders are not hitting the market So, you know that's going to change when you go to real money So you start slow and see how that fits even if you do have a big bank account to um To feel it out because you guys are not going to be able to just fill 20 000 shares In a liquid stock like that, you know, you've got to feel it out Um paper trading is like practicing before you go to the nfl sunday. I love it Even nfl guys practice all week before the big the real big game. I love this. I love this growing up. Um One of my parents family friends chris chanard was uh The quarterback for the atlanta falcons and many other teams But I grew up seeing him he was kind of like an uncle of mine They called him crystal chandeliers sometimes when he gets sacked. I felt bad for him But uh, dude, I mean his life was football if they were not at a game They were practicing every single day. So again, you know, that's trading guys It's like you have to back test every single freaking day If you want look if there's no coincidence that any one of our members like james freelander or Dave bond or tom diesel or Joe kelly or any of our guys who are consistent that had inconsistency before mic What they did was they watched every single video Three times over in our library guys. I'm not kidding. They watch every single bow daily recap three or four times They're at night every night. They're screenshotting their charts. They're setting up lines They're going back and reading the commentary You will get out of trading what you put in and I can promise you that when I first started I think it's like six years ago. I don't know the exact game. Let's say five or six Um, I studied 14 hours a day, man. I quit jobs. I had saved up money I like neglected a girlfriend at one point like dude it was bad But in through my obsession, you know, the fruits of the labor paid off, right? But I studied 14 hours a day, man. I obsessed I did every I read every single tweet I could find Back then before in my seat or even I was talking about personally man I read every single tweet he ever did over and over I created templates screenshots everything guys So it takes you know, it takes a lot but that's why MIC is created nowadays and we have a curriculum and a formula for you guys to follow and so much Of the guesswork and learning curve is you don't we do it for you. We did it for you You know learn from our past trial and errors um When you're not trading well bench yourself back to practice field just like pro sports athletes I love this, you know What I like to do is if I'm in a rut, you know, it hasn't happened in a while But if I'm on a cold street guys, I take a couple days off and you know what I do I mentally pay for trade So I'm not paper trading on a system, but I'm in my mind. I'm taking a couple days off and I'm just mentally You know trading in my head and I'm just like, okay I I'm gonna put myself in purgatory, you know or size Extraordinarily down if I'm using 4,000 shares, maybe I'll size down to five or seven hundred until I can build back up to Four or seven down whatever it is guys, you know, everybody's different. That's all perspective. But the whole point is um Um, I bench myself when like pro athletes. That's it. No, there's two analysis, too Remember in the beginning it's not about making money. It's learning the foundation and process and strategy This is the best thing said possible. This needs to be paid um We pin this It's not about making money guys. I don't know why look Stock market's gonna be here for the next 100 years The stock market will outlast the planet for god's sake, you know, we'll be on freaking mars and the stock market will still be here The point is is why the hell do you think You can come in tomorrow in an industry that's hard and you know trading is war man It's like every dollar gained is a dollar lost and vice versa You need I will buddy. I totally will absolutely Um, you need to come in and not expect money to make money tomorrow You need to expect to learn tomorrow and then make money in time. But um, It takes time guys takes time Um, your hundred shares you pay commission, which is your market tuition. Yes. Yes market tuition Seriously, if you're just trading in real money for a week after paper training You're just breaking even like make your trade well, but you're trading so small that it's just paying the commission Who cares guys? You are now proving to yourself that you're trading correctly. It's not about making money It's better to pay one dollar for that trade than to lose 100 dollars to learn each time I could not agree more Um, get a broker with per share. This is huge get a broker with per share Which is something like cobra, you know Is so with cobra if you use like 500 shares guys It's gonna cost you like a dollar, you know TD Ameritrade is going to cost you freaking eight dollars for per round trip. So per Entry, so if you're doing like eight dollar entry and then eight dollar exit, that's absolutely ridiculous Cobra will cost you like two dollars at that. I'm telling you. So get a broker per share. That's huge. Um Yeah TD Ameritrade being trade man only if you have to bro. Oh nice dmpi poll sick one Sick Make that money Yeah, this is pure gold man. Oh like I couldn't agree more man. Seriously. This is a thank you bow for doing all this for us today Uh, that was the man man. He's been here dude guys. He's been doing this for nearly two fucking decades How could you not want to just pick his brain all day go back and listen? I mean, this is literally from from from here Where is it? Where did that start talking from here on? Is almost in a rough trap for him everything you need to know about starting out So, you know, I'm gonna save this for you guys and screenshot this, you know, this is this is everything I found literally just laid out all the groundwork of what it takes to be a consistently profitable trader um 100 shimmers, you know 1000 shares cost one one dollar seriously a thousand shares cost like one dollar in cobra Um versus eight bucks actually 16 bucks. So this would be two and this would be like 16 um Yeah, you can believe the account with TD easily now. I'm telling you Sorry to hear that Uh, monorock talks everything. I will absolutely too many want to start banging keys and trading when they have no clue What they're doing why this is gambling we're not gamblers when you learn to trade is not gambling You're making money in a high probability. See this is the funny part When you are um talking to random people on the street or maybe talking to family members that don't understand Of course, it's gambling, right? You just you're just clicking buttons and all these random players blah blah blah, you know This is not gambling. This is educated risk So when you wait for confirmation all day and you wait for the death candle slams Or you wait for your b-walk drops or you wait for the offerings or you wait for these specific things Days are confirmations a high of daybreak, you know low daybreak a death line short Um, the whole point guys is waiting for the edge And then once you have that edge trading is actually really really really predictable Yes, thank you bad Don't worry too much about pbt too much when you start out because you want to um enter only the higher probability setup Yes. Yes. Yes. Yes. It is better to make two trades for a hundred dollars than 10 trades for 20 each Because here's what you're doing here for a hundred dollars on 10 trades Or i'm sorry 10 trades for 20 dollars each. Here's what you're doing. You are risking mental capital And here's what happens when you get in a mental rut you take one loss you take another you take maybe two more after that You are wrecked emotionally Then when a plus does show up that you usually mail and bail on every single day you make good money You are going to be scared to trade Problem is when you make nine wins for 20 each the one red loss you make will be 200 Yep, and this is why new traders bleed out for years I could not agree more need to trade a plus setups You can hit them a little harder than you would just a normal scout because they are an a plus Put a risk in check put a hard stop in place and you're protected Your losses need to be much smaller than your wins that So when people ask me and he talks when do I know i'm a consistently profitable trader or I should go to real Money or I should size up This is your guide or your losses much smaller than your average or maximum win It's okay to lose three times 20 dollars lost and make one win for 100 dollars and you're still you're still up You're still profitable key. Absolutely freaking key, man Hey, you guys you guys got the lucky week today. I'm on a rock of the house Spitting all knowledge This is why they say size the best and forget the rest. Yes So and this is why we focus on you know, you want to focus on three stocks a day guys Like now said you want to really make a plan because all you need is one good trade a day technically You literally you do that every day So you put your lines on three different stocks you see the one with confirmation You see the one that you want to play and then maybe you only trade one of them But guess what it's the one that it's your criteria. It's your edge It's the confirmation you need it But you nail it and that's all you need to do and maybe you hit harder because it was such a predictable play That you have backtested and backtested and backtested over and over again into consistency And then you do that for a month or two Then you size up incrementally and very slowly into the point of not noticing and then boom overnight You know, well not overnight, but it'll feel like that You you went from 500 shares to 1500 over time and you're like, dang I'm using 1500 shares now. I was only using three or 500. Oh shoot. I'm using three or four thousand now You know what I mean Um, hold on one sec buddy. I'll let go get to the sec Hardest skills to develop but essential if you want to stay in the game You must be okay with missing a trade and not trading avoid FOMO so key Must be okay with taking small losses before it turns into a big loss This was one of my hardest things that I had to learn literally in a five year Um Hard stops changed this for me, but this was my hardest struggle is I'd have 30 days in a row Green streak and then guess what day 31 both Yeah All all you know two weeks of gains Just just broken or a whole months of gains man I I have such an ego and I still do That unless I put a hard stop in man, I don't like taking losses man. I'm one of those guys It's all about confrontation like I don't back down from a fight like that's just who I am So it's very hard for me to take a loss in the market So I learned that a long time ago and I basically had to incorporate Heart stops in my trading or I was just gonna let the losses balloon up because I was like why the hell should I admit? I'm wrong like what I'm not wrong. I'm smart like of course. I'm gonna nail this And then and then before you know it you're willing to risk $2,000 and it's six and you're like wow Why didn't I just risk $700? You must be robotic and systematic follow your process plan. Yes be the terminator Stay humble or else the market humbles you perfect stop Yeah, put a hand next to every single one of these seriously create your digital notebooks like I showed you guys earlier This is so key. Um The best comes with experience man, it really does. Yeah, it totally does it Yeah, it's just you back to you back to you back to select and you see Uh, what works for you man? I'm not a long biased trader a lot of traders are you know? I'm a short biased trader which a lot of traders are not It's what you resonate with. It's what your identity is and it's what you're comfortable with Um Hey, Brittany. What's up armando you? Um about in the beginning you do not know what works for you You have to do it Do not be afraid to lose because your process has risk management which has stops in place Yes, so before you enter any trade you need to analyze your risk Meaning you know whether you will take the loss so you know what to expect already So key know what to expect already again. We're not winging it We're going in each day with a plan whether it's a loss plan or whether it's a game plan Um, if you cannot handle a loss, it means you're trading too large. This is the bible. That's the ball. My god That's the freaking bible Wait Sometimes it's hard to see which one up guys is so key If you cannot handle a loss, it means you're trading too large Something I had to learn in the past for many years So size down and give yourself a wider range bigger fudge factor Toss will help you with learning how to trade the proper loss. We have a video on this Yes, me and joe kelly can help you out with this as joe has created many templates on this Many videos the use of excel spreadsheets and make sure that you guys know Uh, how much you should risk as per your account size So if your account size is $2,000 or if it's $20,000 or if it's 200 grand There's only a certain amount you should lose. There's only a certain amount max loss on the day Uh, but the use of hard stops is final which talks will reiterate to you daily. Yes Hard stops changed the game for me. I'm a very emotional trader They took out motions. They allowed me to know exactly what I was going to risk because in the past Like I said, you know, I would get caught I would trade I would I would get cocky backside backside backside for a month and then oh, let's hit front side on the day 31st And then boom, I'm stuck in the deer and headlights. It's ripping on me I don't have a stop in place and I don't know where to stop because now it's ballooned up so much. I go Do I want to take this? unnecessary $2,000 loss. No, and then you let it go more and then, you know, it could turn into whatever You know, how many times is Alex done that how many times about them that how many times of any of us done that So hard stops are the bible of staying safe guys. So not only should you be back testing Um, within, you know, whatever platform you're back testing, not only should you be back testing How to trade it you should be back testing how to protect yourself how to set these stops Make every mistake in back testing so that when you go to real real money, you know Exactly how to place a hard stop or an oco order or a range order or whatever it is. Whatever it is Whatever it works for you Um, I use market hard stops. Oh, and at the same time Always use market hard stops because here's the thing Um, a limit stop which is also a stop, you know, it may blow through like see a chma yesterday A telepark handle you are not going to be triggered out It is it's not going to come back down sometimes and it's just going to keep ripping on you And it's almost as if you don't have a stop in place literally it's like, you know It's like you've never put a stop guys So make them market stops. Are you going to deal with slippage sometimes and almost all the time at least a little bit? Yeah, but guess what you're going to get the fuck out and you're going to protect your account You're going to save your mental You're going to be able to come back the next day and hammer like you should every day Market hard stops. Don't be a sheep Um, this is why a hundred shares for example, so you learn all this. Yes, you do not need to do Big size yet. You need to learn these you need to make the mistakes you need to learn how to do these You know, you need to learn how to set a stop wrong so you know how to do it right on bag testing Um without losing your mind and most importantly your account. Um Damn foul. Thank you for all this buddy. You're killing it today foul Uh, where was I should I forgot? Um and get a tab learn together Do all this together man get someone on your level I always use market hard stops. Yes, because I want to get out limit stops They skip over and you won't fill learn where where Properly in place stops. Um, if you do not if you do You do not want to stop out where the herd and sheep stop that exactly if you're shaking out by 10 cents Move your size is too large. You need to size appropriate appropriately for the trade Here's the advice I gave a member which I think may help everyone so I'm sharing it That's a lot to everyone on your journey Let's read this together I suggest you lower your size and let the stock work longer So if you are shaking out by 10 cents, you can reduce your size so that 10 cents won't hurt you I think you are sized in too large. You need to be able to be down 20 cents and be okay. Remember range This is key guys new traders don't know about stocks range How much it can run what dmpi is potentially can go up to today what you know RLG why on low hanger these stocks have range you need to size appropriately to handle the range Be a 20 cents or 30 cents line to line You need to be able to handle line to line in terms of the range So I think you are sizing too large Fudge factors super key and then this is a great one, which is a little blurry um But yeah, this is this is fantastic stuff guys seriously read this go back through this save this on your desk Some stocks range more than others is the point someone asked me and I always stop out at the top, etc This was his advice. So this is advice guys on how to not stop out at the top Let's see. Let me see if I go through this a little bit Go back and analyze your trades start with smaller size if you're constantly stopping on the top means that you are Part of the herd what so you need size down Consistency is the ultimate name of the game as consistent as our yard. Don't let one trade wipe out two Two three four three hundred fifty six days of games like whatever it is Um trading is all about pattern recognition study the commonalities and lastly it's all about experience It's showing up each day. It's watching the videos. It's everything Read the screenshot on properly sizing. Yep. So I think I've pretty much got that I can go literally work for It's just kind of hard to read buddy. Now. Do you have another? Um, do you have a little bit of a clearer one buddy? This is coming out really small. But um, yeah guys, so that's That's that's the key man. I mean bound just literally gave you the absolute bible On this stuff. So here's what we're gonna do. Um, we I'm gonna save all this information Now I'm gonna copy and paste it and then I'll save it on a template and we can automate this template Um, I know Alex can do that with Fernando who is our guy el diderino on the m-i-c secretary m-i-c secretary Trading is mostly mental discipline. Be patient. Let the trade set up come to you and don't keep adding to losers Remember you need only a few good trades a day to make your daily pay So be patient if not just one So try it tomorrow be super patient stock to that perfect setup to set the trade concentrate on the entry And everything else will be much easier and rock rules bottom rock I love that Oh, yes way better bow. Thank you way better pal. So guys check this out Um, Henry, hey motto rock I've been following you on to our account for almost two years now and just wanted to say you've been doing You've been a big inspiration me. I'm also struggling to become a profitable trader I think the biggest factor is that I don't know exactly Know what to look for when forming a bias on the stock That's why I wanted to reach out to you and see if you had any advice or if you could point me in the right Direction as to what kind of things you look for when preparing for a trade Your entries always seem so precise and hopefully one day I can meet half as good as you Bow said go back and analyze your trades. See what types of trades you are more consistently profitable in Uh eliminate those trades, which you were consistency consistently losing eliminate 50 to 50. Um, you know half your trades Um start with smaller sides You experience that was smaller size You can hold longer and let your game plan play out You get shaken out with the slightest move and not get shaken out with slightest movements If you're constantly too nervous, it means you're in too large If you're constantly stopping out at the top bottom, it means that the you're a part of the herd What you're doing, uh, the herd is doing so think back what you can do start slower smaller size start later More patience to wait longer. I love this. Um Consistency is the ultimate name of the game for successful trading career consistency Uh starts with one day aim for one green day at a time and then two green days then three four, etc Confidence will build good habits will form five as consistent as you may think you are never let one trade wipe out 10 20 355 356 days of gains percentage of wins is meaningless I cannot harp on that enough Percentage of wins is meaningless if that one percent loss wipes away 90 percent of gains This is my biggest hurdle in my trading career Henry, um, I am I am saving all these monorak number six trading is about pattern recognition So study the commonalities charts industries types of news violence, etc Not just the price action and not just the chart. It's cumulative Analysis of many factors and lastly it's all experience keep working hard wake up early and stay up later than everyone else Good luck. I love that now. I love that. This is the link in the screenshot now. Thank you for that So funny, I'd say who's got questions, but I think Val just answered every single thing And just gave us the best piece of advice on literally everything that's ever been mentioned in stock trading history Literally that was everything in stock trading history Um Oh, like float is very important for me. Um top three the most important things mark cap a little less important But I pay attention and I like 100 million under um Do you take the long setups often a 100 short bias for myself? Uh, fx edge. Can we talk about our lg y low-hanging fruit this one breach previous days closed Ready-green test was waiting for next resistance. Usually we go to previous high day Um, one point by joe's video, but this is two. I is there a way of looking for the next resistance. So here's the thing when it comes to lg y or any day two for that matter fx edge is what i'm doing Is I am looking for the previous tops the previous consolidation points with a ton of Volume or and or the red to green So if you are just hitting at the red to green line and giving yourself two or three cents You're gonna stop out a lot our lg y went through the red green But guess what it did it lined up with the previous topping and uh, what was that it was um Um 630 scale area that's where it failed day one Heavily in the morning pre-market a lot of volume got drowned out right there and it came back down So you want to get yourself a fudge factor in a little bit more room? Maybe you're sized in too large like that was saying um Never used a market hard stop slippage. Yes. Yes, you're gonna get slippage on these things every now and then But i'm telling you right now man, they're gonna trigger and they're gonna keep you safe oleg um Yeah Yeah limit stops. No. No. No. No Ooh, this is the best stops. This is why you need a hard stop guys. This was me This was literally me sometimes holding on that's more damage than letting go just put a freaking hard stop man Take the rope off your hand. Don't hold on to this shit when you don't have to Tag team with t Bradley 90 and modern rock today. I love it man. This is fun as hell I hope you guys got a lot of information out of this. This is totally recorded We're gonna save every little bit of this and it'll be for replay. We're gonna copy um I'll screenshot all this we'll copy and paste it for you guys. We're gonna keep all of this But this is just absolutely cool. Thank you bow for doing this today. Um, seriously, thank you to modern rock for everybody to learn Yes, yes, we'll do buddy. Absolutely. No problem Brittany, yeah Guys, thank you so much for this This was this is literally my weekly pleasure every week that I love doing this with you guys now Absolute fantastic job guys. We're gonna make sure you get all this information. We're gonna automate this I swear, I'm gonna create a template or a pdf or something Um, and we'll I'll I'll take screenshots of everything. We'll save it as a pdf and we're gonna automate this So we'll put it in um, we'll just we'll just automate it every day So you guys can see this we'll have Alex do this tonight. This is absolutely Extraordinary information. Um, so guys go back reread this Um three four five times over if you have to maybe read it once a week. Seriously read it once a week All right guys, you've been you guys have been great my pms. I'm getting a lot of pms. My pms are always open And here if you guys need anything Welcome to mic And I am more than happy to answer any of your pms guys emails concerns suggestions. We're here for you guys I do this every week. We'll do another. I don't know how we're ever gonna topic Q&A like this We'll try to do some cool stuff next week again guys. Um, my total pleasure. Thank you so much again for bow Thank you for everyone who showed up welcome to mic and um, enjoy the rest of your day guys 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 mic Joining mic. Maybe you're a member already you have three ways to contact myself personally and through mic You can hit our social media You can hit me through pms and 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