 And as you see trading is you don't need to be a full-time trader You know what a full-time trader is a full-time trader is not someone that trades all the time This is not like a nine-to-five guys full-time trader. Just means this you're able to be there to look for your opportunities and Look at Alex. I consider him a full-time trader, but he only trades the first hour of the day and he's gone He's completely gone after the first hour. He's nowhere to be found. You know, that's a full-time trader He does his business. He leaves Doesn't mean that you cannot have more than one job more than one occupation That the key is man. We have Tom on moderators. It's a great example. He has seven hundred dollars And so he needed to provide for his family all that so he drove an Uber at night Which afforded him He started saving a little by little so he grew that seven hundred dollar account guys to six figures You know and now he's a freaking he's a monster You know Doing the right way process everything Once again guys, you do not need to do this 24 hours a day. I Do this to educate members. I Rather just fucking nail and bail and leave right now, but I love training so much I use that as an excuse, but to be honest, you know, that gets me in trouble as well But you know my job is M. I see guys. It's not really my job. I love doing this I keep her I bet you because I love educating, right? But that's what it is. I don't just sit around that trade all day long. That's called over-trading But I'm there educating members, so I'm looking at the markets. I'm Showing them, you know what I know Because I'm telling you man at the end of the day. There's I'm an old man now Who knows what the hell is gonna happen? I would love to leave a legacy and that's how you leave legacies And so if you threw your education you can teach your kids you can teach whatever guys, you know this this is what I was in um, I Was an engineer. I was software guy Working in the dot-com Silicon Valley and no one knew anything about stocks man If I knew about stocks, I would have fucking went for the stock options cash down became a fucking rich guy by the time I was 22 years old Who the fuck tells a kid who grew up in poverty from the ghetto what the hell a stock was? Stocks were only for guys in fucking suits white guys. I'll be it back then with suits On Wall Street, right? What the hell is a little Asian kid know anything about stocks? So so I made it a point to educate people now. And so the now you all understand what the stocks everywhere now because of Robin Hood and all that stuff, but They cater to the gamblers Because sports was down and everyone was gambling and they treated day trading like gambling. You know what happened? That the ones that were educated took all the money from the educated people So the stimulus checks from the coronavirus Went into their Robin Hood accounts and then went into mine and Alex's account It wasn't a direct transfer, but it was a transfer of funds from the uneducated to my pockets The guys that were chasing so for the longest time all these pump-and-dub rooms We're doing things like buying the breakout Pumping and dumping and I was just sitting there collecting money now. They all changed their their trading They changed it, you know, because they're learning everybody learns You know what man? I'm not gonna say shit, but they're learning from MIT Did we see it? We see it. They use the same terms as us They even have the chat room open and we see them But it's all good. So if everybody everybody is evolving everybody's getting better guys, you know If you not adapt you will fucking not succeed, you know, you cannot be complacent So that gets me to what I want to talk about today. So today couple items guys I See a hundred person here who here is not Taking advantage of the free trial if you're not in my seat We opened it up for just another couple of days more guys. This is it We're not gonna have another free trial for I don't know if ever or a long-ass time We decide do this for Black Friday Because all these guys are selling all these packages and DVDs and all this stupid shit and we're like fuck that shit Come and check out with the real mentorship program looks like and don't fall for those traps Okay, once you see once you go to my CEO, you'll see the difference between us and everybody else And so whoever here You know, it's not it's not part of MSE or who has not taken advantage of this three-day free trial I understand why you're not You know, I understand maybe you just like to look at my ugly face all day, but that's cool too But you know sometimes, you know, you the opportunity comes knocking you answer the door guys So we have a few days left Also, I tweeted like we're giving away five people $100 each. I'm not bullshitting about this We're gonna just randomly pick someone five people today during Tosh's webinar guys Tosh's webinar is at 2 p.m. Market Time It's on our YouTube channel is YouTube live my investing club If you have to ask, where is your YouTube channel? You should not be trading to be honest I'm gonna stop giving out these links anymore because I'm like, hey It's on our YouTube channel and then if anybody messes with me, where's your YouTube channel? I think you should just Turn off your computer Walk into Walmart become a hostess there a greeter and just say hello Hello I'm not putting those guys down, but you know what man, some people are not made to trade You have to fucking be able to figure out where our YouTube channel is I'll give you a little secret. It's the same fucking name as our our name my investing club And there's a little tool that I figured out recently. This is a brand new tool that you can pretty much find anything you want It's called Google try that Google Google guys So one of the dumbest questions I love is like hey guys. Hey, man, how much is your service? Go to the website what's your website my website is your dumbass calm. Hey, I don't know what else to say I I think I'm just gonna help people Save their money if anybody asked me what's your website? I'm just gonna say trading's not for you, but why don't you just wire me? 50% how much you're about to lose in the markets and at least you'll say 50% So if you have a thousand dollars to waste on the markets Just trip me over 500 bucks and you'll leave 500 bucks richer than you would if you enter the markets So that's well one thing I'll talk about I want to talk about Guys if you want some shit in life You fucking go and get it. No one's gonna hand you anything We we've handed you enough we handed you a three-day free trial and maybe you have nothing an advantage of that I'm not gonna fucking sit around as answer these fucking questions unless you know you have to take Responsibly yourself. Okay, so so come to today's webinar with Tosh Maybe make a hundred bucks. Who knows I'm gonna tweet it again. I did this for fun Cuz I saw some guy on Twitter. I mean on Instagram say, you know tack three friends He's giving away whatever I said fuck it We're gonna give away hundred dollars and five people and see what happens and surprisingly only like 30 people did that So you have a pretty fucking good chance of winning a hundred dollars guys only 30 people or so did that Okay So if we could choose five out of 30 people or five out of 50 people that's a 10% chance You win a hundred bucks just by showing up today and wet on the webinar, okay? So go and find my Twitter It's actually on my investing clubs Instagram account How to fucking qualify with hundred bucks because we're gonna randomly pick people and you didn't follow the steps I don't know what to tell you hundred bucks, man Five people will get a hundred bucks Shit, no one does it. I'll keep the five of us but So today I did something I I never do I posted in my entire account Just to show you so today we traded small accounts Just to show you what's possible with the MIC process people are trading with these million dollar accounts, and then They're trying to teach you how they trade Do you have a million dollar account? There's no fucking way you can replicate what they're doing guys They're down fucking hundreds of thousand dollars. They're holding How the fucking you go through a fucking 80% drawdown on your account. You just cannot do that It's just not the way to fucking make money guys Revenge trading all that shit So I just posted my accounts with account sizes that I used to create to make what I make This week I'm gonna reset all those fucking accounts go back to you the same thing We reset every week take the money out. We always tell each other tell whatever to pay yourself Because what happens is this I'll give you I'll give you a very good secret which I said all the time And you have too much money just laying there. You always take cushion money. Oh I'm up. I'm up all this money this year. It's a house money. Ain't no fucking house money. It's your money You worked hard for that money. Why the hell are you gonna give it away? If you did not have that cushion You wouldn't be taking these gambling trades You're loosey-goosey because you have cushion And that's the wrong way to trade discipline It's how you become successful in life every successful individual has discipline guys What is the common denominator in everybody who's successful? It's not because they're the smartest or the best looking It helps But that's not the common denominator. Okay. It's discipline everybody who's successful has a routine It's not by luck Okay, sure there is luck, but they have a great line for that The more you practice the harder you work the luckier you get It's a funny thing right guys. It's a funny thing. The harder you work The luckier you get So luck is when Opportunity What's that? What's that saying man? It's when Well, you get the idea, right? You make your own fucking luck guys in life and And I keep telling you guys man, you don't don't fall in love with these giant P&Ls From these big traders because how is that going to help you? Learn the process learn the fucking process They won't tell you the process because they have no process. Their process is just a short the giant shit and bank bank bank bank bank How the fuck is that going to help you? And so that's why we over the MIC guys for three days To show you the fucking process Okay, that's why alex and I tweeted P&Ls Just to show you the process and these are not giant accounts we're training with these are a million dollar accounts guys These are standard accounts that you all have well, many of you have right? It's it's a normal account You know, look look on that twitter. I posted today I mean, those are the realistic numbers you can do pretty much every day If you work your ass off If you are disciplined, I'm not disciplined every day I was disciplined today. That's why I produced those numbers See, I want to show you the thing I hardly ever lose knock on wood if I follow my process And if I follow my process I lose I am okay with it. It's a small manageable loss The big loss is come when I break and I deviate from my process and then I Start to use the cushion game That's why my tab alex helps me all the times I bow get the fuck out Do these walks because I he knows me man I have a cushion and the money doesn't really mean much to me I just like I just bore a lot to trade. I like to feel That excitement, but that's but that's the wrong way to do it. I tweet all the time That when I was young I wanted the action Now I just want a boring ass Job that makes me buddy one hour today. That's what trading is You know, I love to educate. So that's why I stick around guys. So So I'm telling you the secret to success is consistency routine hard work Humility being humble. There's a huge difference between being arrogant and confident You could totally tell when a dick is arrogant and and there's two types of people in the world guys Someone that is humble or someone that's about to get humbled And trust me, man We've all been on that side where we think we're the hot shit and then life humbles the fuck out of us I've been there. I don't want to be there again So that's what we call risk management. You have risk management in your life like auto insurance Things like that health insurance. Those are risk management. You gotta say fucking yolo I'm not gonna put a stop loss on my life You know what a stop losses your seat belt you put in your car and another stop loss is a fucking car insurance Some shit happens You know and another stop loss is your health insurance in case you crash So don't fucking listen to these motherfuckers who called risk management training wheels Fuck that shit every everybody including billion-dollar traders have stop losses They have fucking max losses that they do they do not want to go over You know why you have to have a max loss guys is because when you hit a certain point of losses Your brain it's all fucked up. You can't think straight You will start to revenge trade because you would you're so desperate to make it back Because what happens when you lose so much you're like, fuck it. I'd rather lose it all now And then when you lose it all you're like, fuck I should have stopped You know, that's how it starts man So you you start by you know, like you could have taken a 10 loss for example Fuck I'm gonna let it ride 20% loss. Fuck now it's starting to hurt a little bit I'll let it ride and then when it hits 50% you're like, fuck I should have stopped out And then like fuck 50% fuck I lost too much money. I'm gonna I'm gonna go all in Do or die and then it drops again. Now you're 75% lost and you wish you just taken that 50% loss There's a point of no return and that's why you always need to have a tab of trading accountability, buddy No one everybody on wall street has what's called a risk compliance officer He's gonna stop you you out man. He's not gonna let you fucking short Tesla and make the firm go broke He's gonna stop your ass out You tell me those guys need training wheels the guys are training billion dollars at Goldman Sachs Everybody has a fucking risk compliance officer on them. We do not that's why we need stop losses We need broker side max losses. We need training accountability buddies task all that So i'm telling you man. I'm going to tweet again the link the aha moment That made me successful as a day trader I was a very very very consistent trader very consistent hardly ever lost But when I lose it's a giant ass motherfucking loss that wipes away months of work So you can't be Consistent but not profitable. That's one thing people do not understand Consistency and probability are not one and the same You can be consistent 99 win rate But that 1% when lose rate can bankrupt you Okay guys, so don't fucking Don't look at these guys Win rates mean absolutely shit It's your losses. How much do you lose that 1% that you lose? That is the all whole aha moment that made me a successful trader When I was like, fuck dude, I was such a good trader every day. I'm up But I just can't control myself when I lose I never knew about stop losses. I never knew about max loss set on the broker level So imagine on a million dollar account if I just had a 30 000 loss max loss On the fucking my account you'd be fine if you had a $50 000 account if you had a $5 000 stop loss, you'd be fine. You'll never go You'll never blow up knocking wood Okay, because sometimes you just need someone to slap you What the fuck you doing dude? You're fucking fighting this motherfucking stock and you're wrong get the fuck out So risk management guys is the fucking key Don't be impressed about win rates. Look at how much they're losing Because you know what man? They've been working for years. You just started trading You cannot do what they do You have to learn the right way to trade guys You have to fucking learn the way that gets you there because you're not going to make it to the first year if you're If you have no risk management That's why we are walking around talking about people all this shit and i'm telling you a lot of people say hey You're giving away too many secrets How could your shit work if all these people know I've been preaching this shit for 10 years and people still don't fucking listen You didn't have the best strategies in the world But people fuck up because they have FOMO You have no risk control They have greed They don't take their gains. There's a lot of reasons why man, I could There's a formula to get rich. You know that Don't fucking spend your money Save your money, but people don't do that shit It's not how much you make guys how much you save okay? My parents fucking came from property had zero dollars in the bank and they became a millionaire by saving It took them a long time saving and proper investment in real estate whatever the hell it may be But that's the that's the thing guys you can have the best strategies But you know what having the best strategies is a huge Huge leg up because now you're not Going down the wrong rabbit hole When we started trading when I started trading man, I didn't know where the fuck to look I tried all sorts of fucking strategies. Dude. I did earnings plays You know, you know what got me hooked into day trading I gambled on earnings and I thought I was the shit because my first trade ever Was silicon graphics and it was up 33% on earnings and I was like, yeah motherfucker I I cracked the code this shit so easy and I started winning these earnings trades until And then what I want I was like, I want three in a row. I'm the fucking king I should start a subscription service. I'm gonna fucking be the command After three wins in a row, right? And you know what what creeped in my head Fuck, why didn't I go all in? I'm a dumb ass This is so obvious. Oh my god. Next one. I'm gonna go all in and you know what happened Next one. I went all in. I went broke That's the shit that fucking that's always the shit that works, man So all these guys I got fucking, you know Everybody now is a fucking guru dude. I just started trading. I'm gonna fucking start a service. I'm the fucking best Well, fuck it, man. I've seen those guys come and go And I'm telling you man Honestly I I set this in the other webinar before This is how you know, someone's a fraud or not very simply Can they walk around in public and not get beat up? If if you have to fucking hide you're hiding something Okay, we are here doing meetups I'm not fucking scared. No one's gonna jump me because I help everybody. In fact, they helped me They defend me if someone jumped me Whereas like dude, I don't see anybody fucking walking on the streets Seriously, that's it. So I live my life with integrity. I don't fucking anybody And that people this is the thing that's fucked up because people go they don't believe it You don't have to fucking believe in motherfucker. You can go on your merry little way and fucking Catching your whole life, but why do you keep trolling me for years and still don't believe me? You know secretly they're fucking in love with me, but I don't want to talk about that anymore But you know, but if you don't get trolled You must be fucking doing something wrong, right? I don't know I don't I don't like to get trolled and sometimes I get trolled because it's on me. I'm too arrogant So as you see, you know, I reduce my arrogance over the years as well. I'm still learning every day guys Every every day is a progress for me to learn new things And you know, this is part of being the the humble part I'm trying to you know, I realize I don't know everything in life and I need help So I've been asking for help and that's why we're doing well. You can't do everything yourself, you know I got help to be able to walk out here and exercise Alex helps me because I get the fuck out I would be there trading all the time and like And you become a nervous wreck, you know, it's like This is the thing with trading guys it's like If you stick around long enough And you have cushion you will bleed it all away Let's say you're up five thousand bucks and you bleed five hundred dollars a day a thousand dollars a day You're still up four thousand bucks a day. That's a million dollars a year. I'll take it But imagine you have you bled a thousand dollars a day Oh stupid shit because you have cushion That's five thousand a week That's 20,000 a year. I mean month. That's a quarter of a million a year. You just bled away Even a hundred dollars bleeding a day. It's huge hundred dollars. I could buy whatever fucking lunch I want I'm going to the fucking outlet ball because I'm so cheap to buy clothes Regular price and here I am bleeding a thousand dollars because Because I'm up I have cushion and then in real life. I'm like, holy fuck And that's why Alex keeps a stack of dollar bills to remind himself How much money is imagine it imagine if we were trading Not numbers on the screen But actual 20 dollar bills And you see how many fucking 20 dollar bills you're fucking wasting or winning you shit yourself Like what the fuck You know That's why casinos casinos gives you chips because a hundred dollar chip looks like a dollar chip But if you saw that shit in a stack I'll be like, whoa, I'm not gonna fucking gamble my fucking shit. Why am I betting a Thousand dollar hand on blackjack. I have a fucking 12 You know, I have a fucking 16 But we do that in training because it's you know, oh, there's a shot. There's a chance If I have a 16 I'll pull a five hit 21 And that's why you die guys And so I wanted to remind you guys because it's a Thanksgiving Happy Thanksgiving everybody. You know each year we we count our blessings I'm just blessed to be fucking healthy and alive and to be able to do what I love and help people So go down sit down and think about what you're blessed for don't think about the things that you You're missing this year So what if you fucking couldn't travel So what if you didn't fucking make a million dollars? So you're like You have food on the table. You're healthy. You're still alive I have friends that were hurt by the coronavirus I'll survive. So I'm very thankful just for that guys. So One major thing before I leave The attitude is everything Always think positive because you know what man, there's no reason to be negative always Life is about this either you win Or you learn Or you go broke. There's only three options I choose to learn Humble yourself learn from all your mistakes Or you're gonna go broke All right guys and with that happy Thanksgiving today at 2 p.m. Tasha's webinar free trial Black Friday ends this Friday. So you better get on the board right now guys and we add tomorrow The market is closed and Friday. It's a half day. So it's over So jump into the free trial today because otherwise I don't know what else is left for you guys. The market is going to be closed. So and we'll see you today 2 p.m Tasha's webinar and I will tweet out some stuff check out my twitter about the hundred dollar giveaway. Thanks guys Happy Thanksgiving