 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 Today I'm gonna be tough. I was gonna talk about the first resistant short today I had a good one plan for today because we had a really good example on Yuma this week but Then like today came along and like I You know, I was gonna I asked everyone if I wanted to change this topic and everyone said sure, right? Aloha buddy Island time. It's 105 So today we're gonna be talking about the stuff and so it might be a little bit of review for some Older traders, but I there's still gonna be some Some some good stuff in here and I'm gonna kind of go in detail about what I like to look for in particular All right, so we're gonna be talking about every webinar for the For the off chances of the first one to talk about the key traders of the week I talked about market sentiment what's been going on in the market large that small caps just kind of the Overall field mostly it's a small cap sentiment. I'm working. I care about that's most of my trades And I think most of the trades of the people in this room Then I try to talk about like a lot of the kind of themes of the week were like Some sometimes just things pop up in chat or in after hours and things to talk about like Most commonly You know ask questions in the weekend mentoring like stuff. I get calls about I like to bring them up in the Trader topics segment just just it's just an eclectic view of A wide variety of trading topics that we all kind of deal with My takes on them Then this week because we're talking about the stuff. I'm gonna that's that's a strategy base So just some key traders that I took Oh this week doc you kind of gapped up like 25 percent or something And it was like a large cap. That's actually a pretty big move for a large gap on a on a stuff By the way, can you guys hear me see in the background? I know I asked every week, but it seemed louder today Is it is it clear or is there a background noise? That you guys hear it's good. Oh, this mic is good still. Okay That's a doc. He was a stock that popped up 25 percent. I think I'm good earnings and 25 percent is a lot for a big cap. So anytime big caps kind of gap up that much unless it's super like super super significant news I tend to be more on the kind of retracement like maybe up a little too much over excitement on the news mentality and so Uh, basically this turned out to be a trend trade so, um Uh I think I should talk about this part first. I'm going to be going over this In greater depth in another webinar based. Um, one that's kind of more dedicated to large caps alone but uh, a little preview of that is when I trade large caps, there's a there's a specific pattern or like approach that I really like to use on large caps and basically unless I'm trying to Like trade a parabolic short or a wash out something like that at the very open My typical strategy for trading large caps is I let the open flurry Kind of happen, right? Where where it's just mass hysteria at the open This is where I feel like large caps kind of make their They normally make their biggest moves right like all stocks the most volatility right at the open But um, I try to let that I let that opening flurry happen and it's my Kind of hypothesis that Large caps trend a lot better than small caps do so the next one was lci And I actually I have a video coming out on lci that's going to go into this trade in a lot in more detail But it's not out yet so, um Uh, I I showed this chart because this chart's the most important part of the trade this chart Um, right this I took this screenshot today Um, the trade started when we were right here on this big day and my trade happened on the red So you can see you should be able to tell right away what I was going for it You kind of hide this part of the trade Right the the red day in the and the two greens in this last red what I was looking for right? This is very clearly a first red day setup Right, so this is a first red day short and the only other one I think I have a video for on this is Pin so I'm glad I finally have another one. This one did this one definitely didn't work out perfectly though And so let's get into it So this was the first red day short and what happened immediately out of the gate Is that this stock? This stock I just had to check picture. I was recording is that this stock, um, fell down immediately, right? So if you guys have Anyone who is in philly knows this because I answered this question in philly, but um The first red day short for me has two different scenarios There's scenario a where it gaps up and then there's like scenario b where it gaps down, right? So the first red day is typically on stock. It's typically gapping up every single day and it's never been read Right this stock however Actually did go read a couple different times So I was a little more conservative with this one just knowing that this stock had gone red A couple different times like you can see the bottom whips on these I was more careful on this date thinking that this could just be a wick and it could come back So knowing that I was more careful with lci just because lci it's also just been a pain in the For all short sellers in general. So I had that like I you know, I had my finger on the cover button ready for the trade not to work coming into this trade so It gaps down immediately and so so it's not like I said the scenario b is when it gaps down, right? Scenario a is when I'm looking for the stock now It's gapping up and I don't want to be a part of it until it makes a lower low ideally Uh humor was another good one and this is the trade I wanted to do the first resistance short on Based on the fact that this was the first resistance short that in a way like there's two kind of first resistance, right? There was two was two times you could have made this trade and I'll go over this in another in the next one But there was basically two times one didn't work one day Right. I'll I'll go over that in in another maybe next week when I do first resistance I'll use this as an example even if there's a better one So anyway, so this was just the first bounce long, right? um And I picked a really zoomed out picture because the zoomed in picture is In chat and I guess I don't want to just show the zoomed in picture. Maybe you think I traded it later and didn't know I don't know there's trolls out there. But anyway, this was all I did today Like I think this shows that all you need is one good trade on the day So to make your day right all you need is one trade and you don't have to involve yourself in any Part of the trade is all you only have to get in when you see your edge, right? And there was clear edge over here on the breakdown But this is a great example of an epic overextended trend rate setup, but I didn't have to borrow um Joe did and he nailed it and good for Joe, right? Um But anyway, so my trade on this was the first bounce long and so this um As I talked about before like I'm not actually the best first bouncer Harry is a much better first bouncer than I am Like I consider the first bounce to be um a continuation law The first bounce is an example of a continuation law I'm not very good at like I'm a longer but continuation longs are not my specialty, right? And the first bounce is essentially a continuation, right? The first criteria for the first bounce is a big move up A straight move up and what you're looking for is to bounce it Do you think you know because the assumption is that there will not be kodi did a good example capturing the snow Uh, like big strong moves to the upside are very rarely um mashed in an equal parallel move to the downside like an equal like You know Verbata move like all the way back down to 325 that typically doesn't happen. It's typically a bounce somewhere Which is the idea of the first bounce Oh, and so the market said a bit, uh, I was really surprised this week actually when I did this anyone who's been here any Any time at all like any people who are here week to week. This is always red This is always red like mostly red and a couple greens like keeping the momentum up We had a lot of good like strong stocks that just didn't give it up this week tough Tough week to be a short seller if you weren't picking Right, like I mean Roku just like Roku had like one or two red days and then steam rolled everybody In the last couple sessions lci's is holding up strong ARDX is just grinding right a ACAD had a strong gap and held it MNK ENDP just slow grinders up Fran went absolutely berserk TTOO just continued its charge Right Fran and TT TTOO definitely leading the the small cap momentum keeping like the keeping us in that buyer's market basically and I'm really grateful because Not just because I like to long, but I think that the best opportunities come For shorts too in a bull market. You just have to be picky with it so Market super optimistic about trade negotiations negotiations being open and trade negotiations and trade pair of theme delays flies at all time highs. That's always good for for I think the market as a whole Um, you know Yuma had its massive tank, right Yuma had this massive tank Um, I didn't I think that kind of You know like that that tug-of-war the other way nsbr sint stuff today tops just I don't know what it offers tops probably I forget some kind of bad news, but like that stops always bad news blacks are kind of neutral That's why I'm put them as black and basically my market purchase and they call them over here I it's not necessarily if the stock stays green. It's green if the stock stays red It's red because small caps with small caps. I kind of I give it I judge sentiment based on what I think the market expects stocks to do So I still think we're here. We were here last week and I hope we stay here next week We haven't entered this tankers market here. I don't think I don't think you know Most of the stocks is still green still strong and I hope we stay there for those of this is their first webinar This is the pattern that small caps I feel tend to follow we enter a buyer's market where everyone buys everything And then everyone eventually just gets stuffed on and then ever nobody buys anything anymore And this ever dies and then everyone's sick of everything dying and nobody buys anything anymore And then we enter a dead market that no one's buying anything if pr's coming out Stocks aren't popping up. We're in a dead market and the crepit market is when we're in a dead market and it's so um So a trader topic for the week and I kind of touched on I kind of made another webinar about this in the past But knowing your limits is a big part of trading, right? And the most important limit. I think the most pertinent um in every trader's everyday Uh trading life is their patience level So I talked a little bit about this before but in this first webinar, um hoping it's helpful, um At the end of the day your p&l is the only thing that matters, right? And as much as we say don't look at the p&l, right? Like you're still gonna look and at the end of the day you're still gonna And as much as I will preach don't try to like judge yourself based on one day, right? If you have a bad day in the market, you're gonna be feeling lousy and you know Part of the trading process is like evolving past this, right? You kind of have to train yourself to be Like a little bit uncaring, you know and try to come into everyday fresh, right? um another limit is I can't believe I put this on here. I was debating that so heavily putting that on um Knowing you you know knowing your life knowing your size limit is another limit. It's very important to um Trading right so and and this is so obvious. I'm gonna go over this really fast But knowing your size limit like why does trading too big lead to inconsistent results? I just wanted to reiterate. It's because you're not in control, right? And basically you're making forced decisions, right? so Kind of piggybacking on what I talked about last week and two times that's really uh, alex has really um Kind of embraces and it's working for him. So I'm really stoked on that um Is that like trading below your means a little bit is the easiest way to be in control, right? That's the easiest way to be in control being aware of your limits Your limits are probably stronger by the way when you're in control. That's what it is for me Um, and it's the easiest way to make better trades, right? And the the key secret with trading below your means like is that you will scale people who are trading up here at the brink of their limit Are trying to scale up like this if you're down here trading below your means You're gonna scale up in that at the same speed But you're just starting like you're just you're just giving yourself a you're giving them a head start But you're gonna catch up, right? You're going to catch up like you're just starting from further back You know, you're gonna still scale up that if your means is 500 shares and you're trading 200 shares Eventually like you're gonna go from 500 to 600 700 to 800 Well, you're gonna go from 200 to 300 to 400 to 500 eventually you're gonna get there and now you're gonna be trading 500 shares And but the thing is you just didn't start there and if you started 500 shares and you're like this You know trying to scale up it's going to be a lot smoother You're going to go straight up to 500 and you're going to be at 500 But you're not going to go through that chop in your in your p&l because you're in control of your trades, right? So the catch up period Trading below your means you're going to catch up to your previous, you know At the brink mean size and but now that's going to be your comfortable size So if you always trade comfortably and scale up slowly Eventually, you're going to get to where you were trying to trade when it was at the brink of your limit But now it's going to be comfortable, right? So the catch up period Is temporary, but why does nobody do this? The reason why nobody does this is literally because they're impatient for reading that this is the Anyway, so the stuff right um Okay, so first my brain part there I was trying to read the chat like Val said Star Wars 100. Yeah, you'll eventually get to 500 shares You'll get there But if you start at 500 shares and try to make yourself through a thousand, that's a rocky road Right that is a rocky road But like I mean if you just start at 100 you're going to get to 500 in no time And then eventually you'll get through a thousand two and What what's the problem with just being? Below your means if you're still climbing Yeah, so this was my uh sync trade today and this is a stuff basically So first of all for new people in the in the room What is this stuff right for for new traders who are maybe vague on the concept? What is this stuff a stuff is an accelerated move to the upside on increased volume met with a massive rejection and then Normally followed by a harsh slam down of the stock proving that there was a wall of seller Right, sometimes it's just one dude a lot of times. It's just one dude or like one You know, maybe it's hc wing right putting out a block up there, right? Like Maybe it's a whole bunch of people all at once, right? Um Like it just proved that there was way too much supply right there basically and so oftentimes These are orchestrated meaning like somebody pushed it up there somebody bought it up Somebody held it up while they sold their longs and then they slammed short And then they crashed it right they pulled the bids sold their longs and now No bids right looks like that's what happened today Right, but the moves can be organic right the moves can just be stocks are sometimes curious, right? Sometimes they want to test up that resistance level buyers Do want to go and you know buy for the breakout and And so and you know like they want to see if it's going to break on the breakout And if there's enough interest in that happening sometimes it's organic and through buyers Just want to test within natural selling pressure comes and that can also be a stuff right where Everyone's riding on maybe this is the breakout it pops up over the level and then Um, it stuffs down because there's too much supply it can be organic But a lot of times it's small cat moves. It's totally orchestrated I've been up All right ruin is the only thing on your watch list. Oh ruin. Yep. That's it The only thing on your watch is good news is that you have good news that you have all three great left And let's pull up ruin Yeah, ruin is looking pretty. Oh, that was my sell-off end of day. So like I'll pop up the here would be nice Um, what I would want it to do is kind of like kind of parabolic up there though Because then now I feel that would like this would be a very nice versus this in short that the parabolic's up here tomorrow That would be cool That would be a really Really classic setup, but like it'll probably be do some some something not so nice and like tank and then recover And then consolidate and make you second guess all the time Right. Yes, I think the uh, is there is there time for a day trader to give up? No, um Do you have a gaming chair? No, no, I just have a simple office chair um It just that like Like the gaming chair does like I want the office chair because then I can slide under my like I have my desk I like it coming over my feet the gaming chair is often the truth all so I My setup as now I like my charts like this Not if you love it tar tarzan or czar Um, as someone who has studied a lot, do you have any thoughts on over-studying? Yeah, you can do it you can definitely over study and you just do you just go so hard And so and like the thing is is you think that you're doing a really good thing and you are but you go overboard like Most people try to study because what they're trying to do is they're trying to Come to the game with all the experience and not lose money. That's why they try to over-study. They're trying to come to the game um Like an experienced trader and they're getting all their experience from studying and that's just not the way it works I know I try right, but you can also like you can try to Like you can be too much of a scientist about it And if you're too much of a scientist about like stocks, they're good It's it's not the scientists an art and it by over-study you're trying to like most of that people are trying to like work into a science and like And like there's no one size fits all answer and that's kind of what they're looking for And you're just going to get struck by analysis paralysis Like it's going to come into the market time time to make a decision And you're going to be like well, but it hasn't crossed these It hasn't crossed these keys and dotted these eyes and filled out these check mark And you're just going to be like super analyzed in situations The trade is going to go up and go down without you and like where were you? right um What will the name of this webinar be um, I don't know like probably does stuff Just out of the stuff stuff. Yeah, the stuff that like yeah You can I like I think you can definitely you can't over study in the long run But you can over study in a period of time you can over study for your expectations Yeah, I mean there's never too much to learn 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