 What's up everyone today is March 23rd at 11 a.m.. So I want to kind of talk about a couple things Number one is today is the last day of our sale. We discounted our annual and our lifetime significantly We had a lot of people reaching out and saying that they want to join but they can't really afford it So this is our way of kind of discounting it to make sure that you guys can get in and educate yourself Because this market is crazy. Although the overall markets are tanking, you know there's massive opportunities for day traders like us to make money and You know if you've been on the fence or you've been kind of curious now with the quarantine is the best time to kind of sign up And give it a try so that's number one if you want to get the link to the sale I'm gonna put in the description of the video or you could just text hush directly at two one three four five eight five nine nine seven so I Mean, there's no easy way to say this, but I'm pretty sure I had the corona virus Let me kind of give you guys a backstory on that first and then let me talk about my trading. So My best friend Ryan he works in New York City. He sells gold and jewelry and I'm pretty sure that New York City is one of the worst places that are affected by the stuff and Ryan I guess just got it and we hang out all the time and I think he gave it to me. So I Was actually in terrible terrible shape last week. I felt I woke up shaking. I had a fever I had no appetite. I had no energy. I had diarrhea. I was just in the worst possible condition ever I was I had shorts on pants on t-shirt long-sleeve hoodie hat and I was still fucking freezing Everything was closed was barely able to get medicine until Ryan's parents kind of sent that stuff over but Long story short, I couldn't even get a test for the virus because the testing center only had two testing stations and a thousand cars waiting So that was kind of a mess. I had every single symptom. I was fucking terrible terrible shape. So Because of that, I mean I was really scared to be honest I was really nervous I really just didn't know what to expect because I don't know what I should believe from the media or what I should think But I'm pretty sure I had it. So I Basically just stayed in bed bow gave me a list of medications to take. I was taking cough drops pediolite Everything that I could Tylenol everything that I could just to make myself feel better and After about three or four days of pure torture By like the fifth day, I start to feel better and here I am. I think today is like day six or something like that. So I'm feeling better. I'm nowhere near a hundred percent yet. I'm probably like 75 percent I woke up with a very stiff neck today. So I just have problems everywhere. I Just want to say I want to thank bow and Tosh and all the mods for kind of picking up the slack while I was gone The thing that makes I might see so amazing is that we have a team behind us. It's not just me It's not just bow. It's not just Tosh. We have a team of people and that team is Only as good as you know us working all together at all times. So I just wanted to say thank you for everyone for kind of Being there to help and being there to make sure that you know, the members are taken care of and like I said in the beginning of this video Although the stock market is tanking Now I've seen so many opportunities every single day. It's been a very very hot market for all of us and You know, we're not in the business of making 10 20 30k every day We're in the business of making one or $2,000 every single day consistently working one hour a day with no stress So I just want to emphasize that So let's talk about trading a little bit, right? So I Haven't been trading for a couple days. So anytime I come back trading after not being around for a couple days The hardest thing for me is to kind of control Blowing my load too quickly control my phone will control everything because I'm just so excited to get back to work trading is my passion Helping people is my passion. I love doing what I do. But the problem is I'm also human and I find myself Breaking my process after a long vacation vacation being fucking sick So here I am kind of starting my day and what I'm looking for every single day So let me walk you through my morning process, right? Just so that you guys understand I want to give you guys a sneak peek into my process so that you guys could take pieces of it and mold it into your own Everyone's process should be based on their personality My personality is more of a nail and bail get and get out Whereas Bow's personality is he wants to have his fingers in every single thing, right? And that's his personality That's what he's good at and I'm good at what I'm good at. So let's let's kind of get into it So every single morning, I wake up around 5 a.m. If I sleep in I wake up at 6 a.m I first look at what stocks ran on Friday So when I looked at what stocks ran on Friday, I saw WTRH was one of them and there was another stock the WTRH was the main one that I was looking at so Every single day my number one go-to setups are the stocks that people traded the day before that they forgot about today So WTRH is what we call a low hanging fruit. So low hanging fruit stocks are my number one stocks every single time so I Made a list of low hanging fruits for the members Posted my video watch list for free Today on YouTube so you could kind of look at that and see where I got my game plan from and stuff like that But on days like today again, I'm looking at the low hanging fruit and staying away from the day one hot chick runners. So H-O-T-H Hoth was a hot chick runner today that I did not short today I did not touch it all although it went down. I did not touch it So let me kind of give you the warning signs as to why I didn't touch this and why I want to warn the members away from it Number one is it's a low float stock. So if you have a low float stock on day one chances are it's gonna continue higher Sometimes it does sometimes it doesn't but chances are a low float stock is gonna have the ability to squeeze Number two, it was easy to borrow at the clearing firm ETC So if you know anything any time of stock is easy to borrow it has very high zombie potential So here I have a day one low float easy to borrow stock. What is my what is my edge shorting the stock? Right, what is my edge? So every single time before I get into a stock. I have to ask myself What's the edge H-O-T-H? There was no edge and still went down. So be it next time I'm well because I avoided it today. I am building good habits for next time to be able to attack the proper stock. So Coming today, I was looking at H-O-T-H. I mean I was looking at W TRH and The other stock was SNG X so SNG X was a stock that had a PR this morning. Let me actually show you guys So bear with me for a second SNG X was a stock that had a PR in the morning, right ran up all the way here So the first thing I did is when I saw it running up like this I basically looked at the daily chart and I said, alright, where is the resistance level? I see a level towards 320 and 350. So in the morning what I did is I'm basically looking at this chart And it tanked from three dollars all the way to two times So the reason why I like a chart like this is because to me this has already shown its trend pre-market This has shown us that it's a downtrending stock and what we like to do is we like to short stocks that are already weak Rather than looking for the top on stocks that are strong, right? So because this was already a weak stock I was basically just looking to short a morning push towards VWAP. So in the morning You could see that I tried to push towards VWAP. I took a very small starter here But the plan was to add towards a VWAP and I just wanted a small piece and could instant in case it couldn't get there I got my small piece. I covered and it tanked without me So although this trade is great and although I made money here and although I did everything, right? It was it was just something it was just a normal day at the office, right? It was nothing crazy It was nothing different. I basically just waited for the stock to show me its trend It's downtrending trend and then reshort or short the bounce once I got it, right? So this is kind of the stuff that we teach in MIC in MIC We want to show you guys the process of shorting these stocks that are already weak and joining the trend, right? Because something that a lot of give me a sec Something that a lot of new traders do is they tend to short stocks just because they are up, right? And that's the fastest way to lose money. The reason why The reason why I like to focus on stocks that are broken is because all I'm doing is following the trend You hear it all the time. The trend is your friend So if a stock has been going like this all day chances are it's not gonna go back up like that chances are it's gonna go down It's gonna have a bounce they continue its way down. So what we're looking for is we're looking for these stocks to downtrend We're looking for them to bounce shorting the bounce and then making our way back down, right? So Every single time that I'm looking to short these stocks. I'm waiting for them to break down and shorting the bounces So I got that on SMGX on W or WTRH. It did something similar, right? So you can see on WTRH We got the downtrend, right? We got the downtrend from 2 to 140 and it barely bounced, right? It barely bounced towards this 160 level, right? So again, the same process would have worked, right? To me, this was not enough meat on the bone But again, you see the stock tank and we short the bounce and that's how you could make your money So although I didn't take this trade because there was not enough meat on the bone It shows that our process still works. So every single day guys every single day. I am Here trying to show you guys and show you guys what the power of the process is, right? So The process is a little bit like this, right? So we have our own individual rules. We have our own individual setups So what I've learned about myself over this year is the first red day setup has been my most profitable setup So that's the setup that I allocate the most amount of risk and the most amount of size for What I'm doing on these day-to-day trades is I am prepping myself. I'm practicing I'm getting in the groove of things so that when that first red day setup does happen. I'm ready to attack. So the analogy that we always get people is that Trading is like a professional sport. So these everyday day-to-day scouts that I'm making 500 1000 2000 3000 are the season games, right? Imagine you're playing the regular season games, but when a first red day setup comes on an extended chart That is the Super Bowl. So here I am playing the season games shooting my fucking shots shooting my shots And then when the playoffs happen boom, I'm ready to go. So that's kind of the thing that I want you guys to understand Is every single day, I'm not trying to make 10 grand. I'm every single day. I'm not trying to make 20 grand every single day I'm not trying to make 30 grand every single day. I'm just trying to not lose money I am trying to stick to my process and not lose money every single day. So That goes back to a question that one of the members sent me so I Get a lot of pms every single day. I get about 75 to 100 pms a day. We have a lot of members. We're growing every single day People want to learn how to trade and I want to kind of be there to help them but there's a Certain amount. There's a couple members that p.m. Me That's our hard-working guys that are going to be so successful And those are the guys who asked some of the best questions because they've they've watched all the content They've done everything now. It's their turn to kind of ask everything. So one of the members Adam He's in a group of a bunch of tabs younger tabs I think Brandon is some of his tabs and he has a bunch of tabs, right? So Adam asked me a question today And he was like there's a topic that I want you to really talk about and I thought that this would add Value to a lot of people so I want to kind of talk about it and he says that look a Lot of things that my tabs and I struggle with is that after we take a trade on the day And after that's a losing trade on the day after our first trade on the day is a losing trade The second trade feels like a revenge trade the second trade Mentally feels like I'm just trading at base that revenge and that's incorrect What we have to remember about trading is that just because your first trade was wrong Does not mean that every single other trade is going to be wrong, right? You have to kind of go back to the root of these problems, right? So What Adam's question was was that all right? I had a losing trade on the day how do I prevent that from become how do I prevent the second trade from becoming our revenge trade and The best way to kind of describe that is this is if your second trade is Following the process meaning the first trade you traded a front side and you lost money But the second trade you waited for the stock to tank and then it bounced and you shorted that bounce based on our Process that we teach that is not a revenge trade that is a process trade So that's what something that I kind of want you guys to understand is just because your first trade on the day was wrong Or just because you got in a little bit early the next trade does not mean that you're just becoming a revenge trade Oftentimes. Yes, if you do chase the second trade that is a revenge trade But if you set your fantasy orders if you wait for the stock to bounce if you just do what you would normally do Had you not had that first trade in the first place that is not a revenge trade that has a process trade So just remember that guys remember that don't feel like just because you had your first loss on the day that It's game over and every other trade is going to be emotional Yes, oftentimes we are emotional after a loss But if we have a plan in mind and we stick to our plan and we wait for it and attack That's kind of going to be your process trade and you shouldn't be discouraged from it. So does that make sense? Don't feel like there's oftentimes. Yes that you do revenge trade after a loss But if your next trade after the loss is a process trade You should not be discouraged about that and what a process trade like I said is when you wait for the stock tank And then short the bounce so I got some questions here. Let me see if I could answer them So today was a really small day for me, right? So today was a day that I really Like I couldn't get much size on right? I couldn't get much size on although my entry was great It was not as perfect as I needed it to be so I Mean, I don't want to sound cocky. I don't want to sound egotistical But I mean I make every day one to four thousand dollars a day and today I only made like 80 bucks, right? So today I only made 80 bucks. So most of the time what we do as traders is we give ourselves a quote We tell ourselves all right. I make a thousand dollars a day I got to make a thousand dollars and if I don't today, I'm a failure If I don't make a thousand dollars today, I got to keep pushing until I make money So what I kind of want to show you guys and emphasize for you guys Is that look just because I am showing up to the market does not mean I have to bank my goal every single day Is to stick to my process and to just do what the process does Some days I make 80 the $80 some days and make 80,000 so I Think those were kind of the topics that I really wanted to talk about I really like I've been getting some good feedback about opening up these live videos to Q&A So I kind of want to open up to Q&A and answer your questions So if you guys could just leave a question in the The live video here, I'll go through it one by one and we can kind of start answering everything together But in the meantime is everything I'm saying making sense if everything I'm making sense Please like leave a like here. I see the like counter go up, but I mean look guys. I had coronavirus. I was dead I'm fucking still voices shot. I lost a bunch of weight, but you know, we are here educating We are here working. We are here trading because this is our passion You know, even if the bow has the best saying ever man And he's like look even if they fucking cut off my hands I would learn how to trade with my feet and that's what we're here man every day Our fucking team is here sickness and in health trying to help you guys man So questions guys, please leave me some questions here and let's go through it together and remember I am here to help you answer. Do not be shy. Do not be afraid. Let's get through this shit together Okay, how to select the right stock to play if several stocks are setting up in a similar fashion So great question. So number one is my favorite setups like I said are the low hanging fruits So I'm always looking at the low hanging fruits first after the low hanging fruits. I am looking for Day one stocks that have broken down and then after I look for day one stocks that are broken down I am then looking for death line setups So I am giving myself tiers of stocks to look at low hanging fruit is usually the most profitable So I'm always looking at that first looking for a stock that is tanked and bounce is Profitable as well. So I'm looking for that, but noticing what stocks to avoid are just simple as important So HOTH was easy to borrow low flow and day one So those are my warning signs to avoid it. And if I have my warning signs, then I know what stocks to avoid Yes, I had coronavirus, but I'm feeling better Sometimes you don't get the full size even if it breaks down VWAP. What's the reason? What gives you signal to get in full size? So another great question. So I get myself a rule It's called the 30% rule So what that means is I'm only allowed to use 30% of my size on the front side of the trade The reason why I do this is because it is so much easier for me to stop out on 30% size than it is to stop out on 100% size It is smarter risk management to only be using 30% on the way up and using 100% on the way down And what I like to do is I like to use a VWAP as my signal for the sizing and Something to always recognize is trading is an art not a sign So just because you want to get full size on doesn't mean that you always can right on SNGX today, I wanted to use 5,000 shares I was only able to get a thousand shares on right and that's because I had my entries ready I had my orders entry, but the stock happens so fast that I was not able to react I still have to load up my size and at the point I felt like I was chasing So I had to take it a little bit slower So just because you want to put on full size you have to wait for the proper Opportunity and the stock to show you that it's giving you the ability to size it not all trades require size again, if this is a Low hanging fruit setup I'm probably not going to use the same amount of size as a first red day setup because the first red day setup based on my Statistics is paying me out more. So based on all your stats based on all these things is how you should be sizing in as well How can I Increase patience seems to pike off and even with small size Well sizing is important using less size is better But also number two is set a stop and just walk away right set a stop at break even and just let it work What was my aha moment? Well my aha moment is when I started to create a process rather than just trading and shorting shit That was just up. I gave myself a criteria. I gave myself a routine to be successful And having a mentor what scanner do I use? I have not paid for a scanner in the six years that I've been trading I use MIC as my scanner my DOS platform has a free scanner built in if you are paying for a scanner You are a sheep do not do it everyone in M. I see we bow share into scanner. It's like dude You guys don't need a scanner. We have 900 members scanning the market for you Do you locate all your shares of a low hanging fruit? I always locate starters only and then I locate more if I need more We have a daily watch this in game plans exactly so I posted my video watch this for members It's free on YouTube Locates today. We're free. So essentially if you join M. I see and you sign up with Cobra Your MIC membership is essentially free because of all the free locates you're getting How am I doing health wise I'm about 75% better as soon as this live video is over I'm gonna go to bed because I'm fucking running out of energy Do you set a stop immediately after you enter a position? Yes Coca-Cola, what do I think? I think Warren Buffett has no fucking clue. So how the hell am I gonna have an idea? Wow, the market's fucking tanking Holy shit any tips on understanding or learning tape. We have tape reading videos and my C So my biggest advice about tape reading is this number one is always the chart number one is always technical analysis The way that you should be using tape is this if your Line if your resistance is three dollars, right and you see three dollars as your resistance What you should be doing is using the tape to see if there's a sufficient amount of sellers at your line at three dollars And if there is then you could use the tape to confirm your thesis Tape reading is like Chinese for brand-new traders. You're never gonna figure it out I've been training for six years and I'm finally starting to understand the nuances of it So even bow bow's been training for fucking 20 years and he's still although he's amazing at it We've all no one's gonna be able to master because it's so easy to manipulate tape if you put on the 10,000 shares Spoof prop order you're gonna jump the tape and that's a way for newbies to kind of get the full sense of confidence These are great questions guys keep keep them coming Can you share the meds? I took I took Tylenol. I took Pedialyte I took these cough drops that are like more higher quality or like more potency. I ate a lot of Carbs trying to get my shit together took a lot of fucking naps Do you still paper trade the mental side like bow does yeah, so while I'm not trading now while I'm locked up while I'm done for the day I'm still watching these place to see what I could learn from them Coronavirus is definitely not fucking fake cuz it's not fucking fake How do you figure out when you should take profits off instead of waiting for your question that I think is very important so Number one is you shouldn't be setting arbitrary targets like you short of three and your goal is to cover at a dollar Right your cover target should always be support, right? So if you're shorting based on resistance, you're covering based on support You should not be just covering based on an arbitrary number that you pull out of your ass Right the goal is to cover at support to use the chart to help you give you the area of where to cover Your target doesn't mean shit your fucking goal doesn't mean fucking shit All that matters is the support level on the chart and that's where you should be covering So we have about 700 free videos. No, we have 600 free videos on YouTube and about 750 to 800 member only videos That are categorized and searchable. I'm I see so let me show you guys that so Give me a sec so this is our website you go to videos on top here and let's say you have a question on Zombies right so you type in the word zombie and boom you get all of these videos on zombies Or if you have a question on a sector play you could type in sector And you get all these stocks I'll say I mean all these videos on sector play So we've categorized and organized our video library better than anyone else any single question that you have Should be answered in the video library and again We have this bow's daily recap how to trade sector plays coronavirus stocks trading fish academy So we have all the resources guys It's just a matter of you guys Joining and putting in the work to get it what I've seen and what people in this Community could kind of vouch for is that the people that watch the videos the people that put in the work find success Extremely fast. There's people that I've been finding consistency in two three four five months Which is unheard of and the reason why is because they're putting in the work So do you guys have any questions for me? I'm starting to fucking get a little bit drowsy So I think I'm gonna go to bed How do you add to a winner just go on YouTube right how to add to a winner of my investing club? And you're gonna have ten videos there as a new member I didn't know anyone that personally trades had you find a mentor to help you day trade That's where bow came in man That's where bow came and bow helped me out man. We are a fucking team and we are a fucking team and You have to ask yourself if you lost more than two hundred dollars trading today It's probably time to get rid of your ego to sign up and to try it out for one month Because the truth of the matter is is even if you sign up you go watch all the videos for a month and cancel At least you will get value out of it But if you keep consistently losing money and you are too ignorant to be just trying it then That's it The final thing that we do that's kind of different than everyone else is we have something called tab program The tab program is called the trading accountability buddy So we when you join my scene we match you up with another trader with a similar skill level So you guys can bounce ideas off each other help each other stay safe and start trading together So the reason why bow and I found success is because we were bouncing ideas off of each other We were helping each other stay sane We were helping each other stay out of bad trades and without even knowing it We were each other's tabs and we learned that having a team was the key to success in trading And that's why we kind of created the tab program And that's why someone like Adam and Brandon that are tabs together are finding success because they are working together Tabs like James and Tom are working together and they're helping each other stay safe So again guys we give you all the resources that you need you just have to trust in us and just try it out for a month So I think that's it guys I'm fucking out of breath. I'm fucking feeling like shit. I gotta go take a nap or something. Thanks guys for listening I'm sorry if my voice was fucked up I'm just I just feel so bad that I wasn't here to help you guys for a couple days that I just really want to be here I just provide as much value as I can so Thanks for listening guys. I'm gonna get this up on YouTube and you know, I hope you guys all stay safe So thank you appreciate everything if you need anything you could DM me hit me up. I'll always answer Thanks guys