 sup everyone good morning happy Monday today is May 18th at 8 14 a.m so for those that don't know I do a free video watch us every single Monday on YouTube and about every day or every other day I do this for the members so before I start I kind of want to talk a little bit about this SRNE right so as a lot of people know trading has become the hot thing that everyone is talking about I think e-trade and TD Ameritrade have been having like record amounts of accounts opening or something something insane right so because of that there's been a lot more opportunity right there's been a lot more crazy stocks going up there's been a lot more crazy stocks going down lately it seems like everything on the short side has been working incredibly short something goes fucking straight down but on the chance is that it doesn't you get a move like SRNE that goes from 250 to fucking 1050 in two days right and this is what we call black swan another example of a black swan is stocks like BLPH right let me see is it BLPH yeah where it goes from 21 to fucking 65 you have stocks like drives which is obviously the famous one you have stocks like AWX right let me pull back up these are black swan stocks guys they go from $2 to $20 and then they fucking crash but until they crash you know you get destroyed right you get fucking destroyed so the thing that we have to make note of on these kind of plays what I've learned is I've blown up some ETRM like these fucking stocks this one doesn't even fucking trade anymore but there's so many different stocks um what else is there I think yes DCIX was another one all these crazy stocks guys are blow-up machines right they're fucking blow-up machines look at this shit right it's the same fucking pattern over and over again pump and fucking dump right pump and fucking dump pump and fucking dump right so because of that I've learned that stocks like SRNE are way way way too hard right way too hard oftentimes avoiding these stocks is the right way to trade these stocks the problems occur when we have it right smack dab in the middle of our faces it goes up it goes down it goes up it goes down and then it's just human nature to dip your toes in a little bit and that's what ends up screwing you so my advice on something like SRNE my advice on these black swan short squeeze crazy fucking plays is take it off your screens right take it off your screens because the longer it is on your screen the longer you will be tempted to trade it and the longer you're tempted to trade it the more time or the more chance you have actually fucking trading it so for me personally I am avoiding it avoiding it avoiding it on the short side eventually maybe it might have a short trade but I am looking for easier setups if I am a trader of six years and is avoiding it on the short side why should you a trader of six days be trading it right think about it guys think about it these rules that we created this process that we created is used to help you right these are mistakes that I lost hundreds of thousands of dollars on balance hundreds of thousands of dollars on so that we could learn it right so we made the mistakes so you don't have to fucking make them so please listen to the warnings you know being an MIC at this time is essential because we are helping each other stay safe so if you are struggling you know hit up Tosh and we'll see what we can do for you but honestly these days are the most important days because these are days that will separate a new trader from an experienced trader a new trader will go in and just try to fucking trade it because they think they're an expert an experienced trader has lost on it in the past and has learned from it so let's fucking start GNUS so I think a lot of people are going to be forgetting about the stock now that we have SRNE moving and so many crazy setups right so for me personally ideally we get a push towards this 160 level and we get a push towards this 170 level too short BLIN this is also low hanging fruit hopefully we gotta pop towards this 170 ish give or take kind of like 180s and two bucks right always draw your lines hopefully we pop up that high what else is there ACB I actually really like this setup if you look at the daily chart there's a recent reverse split on a piece of shit company right it went from five to 15 in three days one two three so usually there's a three-day rule where stocks like to pull back after three days of parabolic move so what I'm looking for on this one is boom the chart is already forming pre-market right it's already forming pre-market it's downtrending right so what I see on a setup like this is I see a push towards kind of this 14 line too short ideally we get a washout under 13 and then we can look to short of bounce towards this 1350 mark so I like this ACB a little bit of a higher price stock so I have to use less size because it's not in my niche right so just trying to be careful here but I like the fact that the chart is forming already why CBD again this is another chart that's forming pre-market so hopefully we get a pop towards VWAP or we get a pop towards kind of 180s in the morning too short and last but not least SRNE who the fuck knows what this is gonna do who the fuck cares what it's gonna do all I know is that it's gonna be an attention whore it's gonna take every it's gonna take the attention off every single thing so all we have to do as traders is focus on other stocks while all the experts aka rookies idiots trade the shit and blow up right don't be one of these guys that's trading this just because it's the hot chick of the day or the hot stock that they were you want some action oftentimes the least amount of action the least amount of stress the least amount of work yields to the most amount of profits so good luck guys I'm gonna put a secret word at the end of this video the secret word is gonna be SRNE right so just keep that in mind avoid this shit and let's kick some ass together it's gonna be a great week guys we're gonna have a ton of simple sympathy plays this week