 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. What's up, everyone? It's Tim Dizzle here. Happy Sunday, everyone. And, you know, I hope you guys are having a great weekend. Yesterday we had a weekend mentoring session. It's in a new format. And I think it was like really amazing, you know, with some of the charts that we have been reviewing and also, you know, the comments, you know, from the months on myself as well. So you know, I just hope that was useful to you guys. And today's video, you know, I just want to kind of, you know, wanted to keep it short and sweet since, you know, there's a lot of topics I've been talking about before. So I just want to go over one of my trade on Friday. And this is, you know, the setup is really straightforward. And so, you know, and also I would like to show you guys, you know, the chart, which is, I think this one is, you know, I'm not talking about PNL-wise, but, you know, to the executions kind of part, you know, I'm really proud of this because, you know, it was basically, you know, really perfect, you know, when it comes to executions. And it's been a while since I have, you know, one of those. So I just, you know, one, I want to share that and the reasoning behind that trade. So also I will maybe go over maybe your thoughts or plans for next week regarding the sector or like the craze that we are in with the Wall Street Bats, you know, GMA, AMC, GME and AMC. And I'm going to go over, you know, some of the thesis or like, you know, some of the thoughts that, you know, that, I don't know, it could might, it might help you guys all or not. But, you know, let's see. So let's get on to this. I want to bring up the chart here on LMFA. Yeah, this is, you know, pretty straightforward. This stuff, you know, is a known turd you see on the daily. I mean, it is, you know, whenever you see a daily chart like this, I mean, you know, it's a crappy company's right. And you see all those weeks. Every time it's trying to push, you know, it fails, push, you know, came back right down, you know, pushed to this and closer to this. So every time stock ran and usually ended up, you know, giving back all the move on the same day, usually you see those weeks. So I know that if it gets to those kind of resistance line, there's a good chance for the stock to kind of fade, right? So because history tends to kind of repeat itself and that's, you know, exactly what the stock did, you know, in June here, it went to like almost five and it gave back all the profits or like all the move and end up closing at 275, right? So five is 275. I mean, excuse me. That's that's pretty, you know, a big kind of, you know, gain if, if you were about to short this stock, you know, another day here, three give back and close, you know, 194. So two, like, you know, almost like a dollar, you could get out of this stock, you know, so, you know, whenever you see the weeks like this, I really like that type of daily chart. So for me to kind of, you know, paint a bigger picture or like, you know, to paint the picture basically, right? And I'm not talking about dilutions or anything. I think this one has something as well, but I'm not going to go over that. You know, this is for me for the technical side, since I'm intraday straighter, I just want to get in and get out and, you know, just be quick with that. And on the daily, I like the daily and now it's just getting into that intraday. Right. So the line is saying the stock's been moving around one, seven or two, whatever this was like the support for the last, I don't know. And also ran before here. See, it, it went to like, you know, 4.5 and then ended up, you know, faded all day on that day. So it went back, you know, 4.5 to like two. So there you go. You have another kind of chart or like the history kind of repeats itself. So that's, you know, more like it gave me the convictions on that trade. So, but it doesn't mean that, you know, I'm going to show it anywhere, you know, anywhere at stockpops. No, I just want, you know, the MIC process has been the same. The concept has been the same, you know, let the top set first and then you can scale back the bounce. Right. So and what it did here, you know, the first one, trap short, squeeze all the way, you know, make a new high here, 3.5 and then rejects that this rejections that to me, this is, you know, start kind of telling me that the stop, like the top has been set. Now I can scale back the bounce and risking over this, you know, pre-market high. So I'm going to bring on my executions, the chart. I save it. Sorry, guys, I have to bring it. Yeah. So on this one, that's my executions on that trade. As you can see, you know, the moment it couldn't broke this support. I try to just kind of start scanning in my three line. I was, you know, willing to scale all the way to like 3.3. So as you see me here, starting at three, another one at 3.10. And I was, you know, still saving bullets for 3.2 and 3.3 and stop out over that pre-market high, whatever that was. But then stock ended up, you know, fading, fading here. So I start kind of, you know, scaling out my position. So cover some here, cover some here, cover some here based on this kind of support and once the move or like, you know, once it gave me these rejections kind of candle right at the open, I know that the stock is weak. I know that's, you know, that's the confirmation that I need. And the moment it just went low and lower. I know I would be wanting to kind of add more size on that pop. So the moment. Hey guys, my name is Tosh Bradley. I'm one of the head mentors, moderators at my investing club. If you have any questions about getting started in the trading, getting started in the MIC, MIC in general, text me at two, one, three, four, five, eight, five, nine, nine, seven. This is not a robot. It is 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. The stock kind of pop into this 250 line to 60 line, you know, how in half the landmark, right? Of course, I still have bullets here. 270 to 80. See, this is support, you know, acting as resistance here. Also resistant as well. So I was pretty confident into like shorting, adding more size into that bounce. And, you know, if, like, let's say if my initial size here for starter, right, and on this ad, I would probably go maybe twice or like, maybe three times bigger than this bullet, okay? Because the stock gave me the confirmation already. You see this support here is another support, right? It's broken, right? The stock tank all the way from 3.1 to all the way to like 2.4 here. So this is the support and also resistance, right? And it cracked that already. So that to me is the confirmation that I need, okay? The stock is broken, likely the back side is in. Now I can really confidently putting more size that, you know, I want it. Instead of, you know, on, on this in the pre-market here, I wouldn't be able to size in as much as I want it. But on this bounce, it gave me really good, you know, the confidence. First of all, you know, I got some, you know, profits out of this trade already. And also stock, you know, stock kind of conforming into the line. And it's also did exactly what I thought, you know, it would do, right? So there's no reason for me to not be able to take advantage of that and add more size into that bounce, right? And, you know, if it bounced back to 270, 280, even 290, I would, you know, be loading more, even size on those because I know that this setup or like this edge, it's going to work, you know, maybe seven, eight out of 10. Right? I mean, yes, anything could happen in trading. Worst case scenario is going to trap, reclaim that view app, which is, I think over here, that's three. If it's, you know, if the stock was reclaiming, you know, view app, it should, you know, pop through that view app and then grinding here and deep back into view app and grinding and higher, putting higher lows and, you know, slowly grinding, then yes, I would have to take the loss because, you know, that's clearly is, you know, the trap. But if the stock is, this is like the healthy bounce, right? If the stock is bouncing like bouncing like this, you know, it's really healthy and there's nothing wrong with that, you know, there's no stocks that can go down forever. They need to bounce to bounce and, you know, in order to go lower, basically, right? So this is a healthy bounce to me. You know, this is exactly what I expected the stock would do. And the moment I kind of watch here, I mean, I know that I'm right. But this is the two bullets that I have, like way more size than the first initial. I mean, you know, one or two and four here. So, but the key here is that you let the top set first, right? Broke this support, let the top set first, broke this support, and then you slowly scaling back the bounce, you know, into that support becomes resistant. I mean, you know, I waited enough for the stock to kind of stay under view app to give me the confirmation before I even put on my starter. I didn't, you know, try to anticipate here. Okay, so the top is set here, maybe short the bounce, like the small bounce here and risking over this. No, I want to be a little bit safer. So that's why I waited, you know, to start to kind of confirm it to me under view app and then, you know, bouncing back and just to me, that's a safer. But this bounce, you know, if you don't want to anticipate if you are conservative, you want to be even better, you know, to be safer. You know, I would suggest, okay, so wait for this. You know, opening candle, right? Try to push that, right? It's stuff right down from all the way to like, you know, 315 to like 261. I mean, that's, you know, pretty big stuff. Well, I don't know if you want to call it a death can or whatever you want to call. But, you know, that is a big stuff. Strong stocks, if stock is going to make higher, if stock is going to break that height of day, it shouldn't stuff like that, right? Unless you trap and claim, you know, reclaim all the way back. But, you know, this ad is really stress-free and excuse me. And also you can use more size too. So that's my thoughts on it. I really like this trade, you know, just because the PNL wise, but, you know, I kind of follow my plan and that's, you know, that's all I really wanted, right, sticking into the process and the profits will follow. It doesn't matter. I mean, you know, the money is good, right? But following the process is what going to get you in the long run, right? If you can do that consistently, day in and day out. This is the foundation, not the PNL, but following the process, you know, focus on trading well and the rest will follow, you know? So this is the lesson that, you know, I want to kind of go over and I'm more proud of this trade because of the executions. You know, I had a plan. I did exactly that, you know, even, you know, with entries and exits. That's all, you know, I can wish for, right? The moment I hit my target or like the moment, you know, I cover last piece here, you know, my target was like 2.2 and I did just that. And after that, you know, you start to tank to one or zero, you know, I could really care less. So there's nothing you can do about it. There's a, you know, as long as it fits your plan, you know, that's the perfect trade in my eyes. So there you go guys, LMFA. So now let's talk about, you know, the craziness that we've been seeing, you know, for the last few days. And I was explaining, you know, in the chat, I think, you know, Alex, Bao, James, Harry, like all of us been telling you guys to kind of avoid this, right? GME, Wall Street Bats, you know, against hedge funds, you know, whatever the news, whatever the intention was. But the fact is that stock went, you know, from low to 57. It's all the way to like 500 bucks, right? I mean, this is just ridiculous, short squeeze kind of play. And the only real edge I see was on the first red day. And, you know, that's why that's why I took the trade. And even though when I took that trade, you know, it was one of my biggest day in 2021. But, you know, I'm not talking about that, but it's more like, you know, that was the only edge that I can see that I can trade off this kind of name, GME, AMC, right? And I even go with options because, you know, even though the first red day is really good for, you know, that's my A plus setup. Again, if you need anything, if you still have, if you still didn't understand it about any of this from this video, you know, just DM me anytime and I'll be happy to kind of go over that with you again and, you know, to answer all of your questions you might have. All right, guys. So I see you guys next one and happy trading next week. Okay. Take care. Also, stay up to date by watching some of our most recent videos right over here.