 What's up everyone today's Monday today's YouTube live day So if you guys don't already know I make these YouTube videos every single Monday Monday used to be my worst performing day in the stock market, and I made these videos to help stay accountable So basically I make these videos every Monday at 11 a.m I trade between 9 30 and 10 30 and then from 10 30 to 11 I relax drink some tea or whatever and then at 11 a.m I come on here to try to educate you guys and try to give you guys the raw Perspective and the raw mentality of a trader who has just executed made or lost money, and I'm gonna recap that here So before we get started on today's topic, which is Elon Musk and Tesla before we get started on today's trades Which is what was it ppsi and a utl? I want to talk about one thing specifically So we have a lot of new people watching the YouTube videos a lot of new people trying to get into trading And what me and bow did is we created a free mentorship course guys So at my investing club dot co co not calm and I'm gonna put in the description we put out a One hour long webinar course that's gonna teach you the A and Z of day trading This course is gonna teach you you know how to find the right stocks of trade What strategy to use and how to repeat this strategy? You're also gonna see my $700,000 AMC trade and you're gonna see an $18,000 live trade Executed on camera. Okay, if you are already an MIC member, you do not need to watch this You have all this content already you have seen all this stuff This is for brand new traders traders that don't know if trading is the right thing for you Maybe you're somewhere else and you want to see what MIC is all about or hey if you just want an hour of free education Then that's where it is. So the link is my investing club that's co There's only a limited amount of people that we allow every single week to watch the webinar Mondays are usually the days that it is the most open So register for the webinar my investing club CEO watch the one hour of education Watch my two live trades and hey if you don't get any value is free anyway, right? So that's that so let's talk about today's topic guys Which is Elon Musk and Tesla? So if you guys have seen today actually so that you guys could reference the date today's November 11th 2021 so over the weekend today's Monday over the weekend on Saturday or Sunday Elon Musk the richest guy in the world aka the biggest troll in the world Ask the world if he should sell $20 billion worth of Tesla stock right and obviously this is something Political, you know, I don't really want to get into the politics of it all but the real question is why is Elon Musk? Saying or asking that he wants to sell the stock. I mean, there's a couple things to make note of number one is on Friday Three days ago his brother Sold one hundred million dollars worth of stock. So on Friday the day before Elon tweeted this his brother sold a hundred million dollars worth of stock Now I have a couple theories about why Elon did this He's not a dumb guy. This guy is a multi multi billionaire. He's got 300 more billions than me So he knows what he's doing right and in my opinion I think he's doing the same thing that he did with Tesla and Bitcoin So when Bitcoin was around 60 65k Elon said, you know what? Tesla is not accepting Bitcoin anymore and the stock price crater I think the reason why he did this is kind of his way of locking in some Bitcoin profits and locking in some money If you guys notice over the past month Tesla has gone up 50 60% guys So this is a mega cab company that has gone up 60 something percent in a month It is worth just a little bit less than Amazon. So wrap that in your head So I wouldn't be surprised if Elon wants to sell some stock To lock in some profits to pay some tax and then when the price kind of comes back down to normal He's gonna announce a stock buyback a stock repurchase a stock something But in my mind in my mind guys My thought process is if he just sold Without anyone mentioning it or if he just sold without any news of it I think it would have panicked the market It would have panicked the stock and the stock would have been down 10 or 20 percent But because he made a Twitter poll and he's like, oh, you guys wanted me to sell it I'm gonna sell it now all of a sudden the stock is only down 2% and he's playing a game of 3d chess That is my opinion guys, right? This is not corroborated. This is not investment advice This is nothing more than just a theory that I have I think that he wants to sell and He's using the Twitter poll to be able to Misdirect people and then when the price comes back down He's just gonna say I'm gonna do a buyback program every single big company in the market is doing buyback repurchase programs Facebook is doing a 50 billion dollar repurchase Microsoft is doing a 90 billion dollar repurchase bed bath and beyond is doing a 1 billion dollar repurchase program So I think Elon is trying to not panic the market I think he's trying to sell to lock in some profits and then when the price comes back down to reality rather be 800-900 he's gonna say you know what guys I'm gonna do a stock buyback program and Elon is not dumb He knows what he's doing. There is no way you become a multi multi billionaire by being a fucking idiot This guy is smarter than most fucking people in the room and that is what I think he's doing So now as I'm recording this Tesla is at 1190. It is only down 2% Had a filing come out that said Elon sold 20 billion Oh my god, he might have crashed the entire market, right? Cuz if the world's richest guy is saying that he's gonna sell the stock I mean, I don't know about you, but I'm fucking selling the stock too, right? I'm selling the stock, but if you say oh you guys on Twitter Want me to sell the stock, okay? I'm gonna prep you guys. Sure. This is it. Here it is, right? So it's no coincidence guys that his brother sold a hundred million dollars worth of stock the day before It is no coincidence that this is happening when Tesla stock is at all-time highs and up 50% in a month It is not a coincidence guys. So that is my theory on why Elon Musk is going to sell his Tesla stock I think it is a fucking game with three-dimensional chests I think he's smarter than all of us people and hey, he has to pay taxes like everyone else So maybe he's just clearing out cash to pay taxes, right? So that's my thought process So that's that so do you guys have any questions on that specifically before I move forward? Okay, so if we don't have any questions on that I want to move on to something else so When we first started at my C Me and Tosh created something called the trader clinic The trader clinic is an advanced webinar for annual and lifetime people In MIC we welcome beginner traders. We educate beginner traders Our lifeblood is beginner traders because when I first started no one really helped me out So we created MIC as a way to help the little guy out But as our new traders improve as they continue to make money They want to kind of get to the next level. So our trader clinic webinars guys are more advanced topics I try to do these once a month once every other month But you know, I've been very busy making videos on Monday I come on the Wednesday webinar and I run the entire MIC back end So I haven't really had time to kind of do these trader clinic advanced webinars So I want to make the announcement now that this Thursday This Thursday November 11th at Market close 4 p.m. Market time is what I'm gonna do the trader clinic webinar now Why am I doing it Thursday? Why am I doing it a market close? So my grandparents who I have not seen in over a year because of COVID Called me up and said what the hell is wrong with you do not love us Do not want to see us. They're like come over. Let's do a barbecue and in New Jersey. It's raining every single day guys So the only day that's not raining is Thursday So Thursday is pretty much the only day that's not raining and it's pretty much the only day that I'm available So Thursday at 4 p.m. Market time. We're gonna do the trader clinic webinar for annual and lifetime members There will be a recording 24 hours later So if you cannot attend Thursday at market close, it'll be posted by Friday when you wake up And the reason why I don't want to do it Friday's because most people aren't around on Fridays Friday Everyone takes a day off so it doesn't really make sense So Thursday at 4 p.m. Market time for annual and lifetime members only We're gonna do an advanced trader clinic webinar. We have so many trades to recap like DATS first red day OCGN first red day. We have so much stuff to talk about guys and If you are not an annual member or if you're not a lifetime member just DM Tosh in Slack Maybe text him at two one three four five eight five nine nine seven and I'll tell him to give you guys You know a 30% discount off the normal price on the website. So again guys, this is for advanced topics We cater to a lot of brand new traders So I don't want to do any more beginner trader videos because we have 1,000 of them But we only have a handful of advanced videos and when these advanced videos come out you better pay attention. So Thursday 4 p.m. Market close Trader clinic webinar and then I'm gonna go see my grandparents for a barbecue. So they don't fucking chop off my throw So we talked about the free course. We talked about Elon We talked about trader clinic. Now. Let's talk about the trades today. We have two hot chick setups PPSI and AUTO So what I noticed on PPSI guys keep this keep this in your mind is pre-market PPSI traded 20 something million shares and whenever a stock whatever a stock is Moving pre-market with 20 million shares that automatically shoots a red flag Something goes off that says this is gonna be a hot chick Volume in the stock market is the equivalent of the man in the stock market If there is more volume, there is more demand if there is less volume There is less demand the more demand there is the higher the price goes the less demand There is lower the price goes so on a stock like PPSI when you're seeing 20 million shares transact pre-market That should something something should go off in your head that says this is the hot stock. This is gonna be the crazy stock I have to be careful as a short seller, which is what I am primarily doing I like to avoid Those hot stocks of the day on day one and I rather attack them on day two November historically is one of the craziest times in stock market history It is the craziest time because we get so many parabolic runners OCGN DATS DWAC CAR and we're only on the fucking first week of November And I already mentioned four or five parabolic setups parabolic setups guys. So In November, I try to be extra careful. I don't want to oversize. I don't want to over commit I don't want to go into big and fuck myself over, right? So in November on PPSI and they won't play. Oh shit this thing on PPSI and day one play I want to just avoid it, right? I want to avoid it and I want to tell myself, you know what? Tomorrow when it's dead, I will attack Right now PPSI is still up 88% on the day guys 88% it is still up. So even if it tanks another 10% there's still so much room tomorrow guys So PPSI I avoided it. It came down right now as I'm recording this video But I don't care because eyes avoid it nine times out of ten If you trade the hot stock of the day with abnormal parabolic volume, you will fucking lose money Okay, you will lose money What people fail to realize is Nothing in trading works 100% of the time if you're shorting a day one Low float stock it might work one time out of ten, but the other nine times out of ten You're gonna lose money So do not be fooled if you made money on a low float day one play today Because tomorrow if you short a day one low flow play you're gonna lose all your fucking money and more So I'm trying to show you guys and lead by example of the good habits That you need in the stock market. So PPSI I avoided the next stop on day was AUTL AUTL was a side stock. It didn't really have much volume. It was a stock that people were really interested in So as PPSI is climbing up climbing up climbing up AUTL is a little bit weaker and that's where I focus my money guys That's where I focus my money. So as a short seller, which is what I'm primarily doing You want to look for side plays you want to look for broken plays? You want to look for plays and not everyone is talking about every single person on Twitter and Instagram and everyone was talking about PPSI today, so if the stock is dangerous for shorts day one It is an optimal long for day one if a stock is ideal for shorts on day two It is not an optimal long for day two If you want to go long stocks in this market go long pre-market on day one or day one VWAP Reclaim setups if you want to go short in this market go short in day two Forgotten stocks or the stocks that people aren't talking about if you are in a chat room If you are in a community if you are on fucking pornhub if they are talking about the same thing if every single person Is talking about the same stock You better be focused on the other stock Does that make sense guys? So our setups for me guys on day ones sure PPSI tanked sure it is going down But it is still up 80% guys. There's no shot the stock is going red today So tomorrow when it bounces, I'm gonna fucking bulldoze in and when there's a new day one play tomorrow I'm gonna let everyone else touch that you guys focus on that day one you guys lose money You guys attack it. Well, I'm gonna be over here Just chilling clicking a couple of buttons making money on the stocks that people forget So keep that in mind guys if you are a long buys trader Go long pre-market go long day one go long low floats if you are a short buys trader attack Fucking murder this shit on day two and day three When people aren't paying attention because by that time traders have a short attention spend they forget They don't give a shit. They're on to the next shiny object Tomorrow if there's a new hot stock people are gonna forget about what the hell's moving today guys. So keep that in mind, okay? Does that make sense? So again guys, these are some of the topics that we talk about in our free webinar again my investment club.co I mean if you guys are getting value from these three videos. I mean, it's almost a no-brainer So what I'm gonna do now guys I want to open it up into a brief audience Q&A So let's at let's answer some of your most common questions, which I'm sure other traders have as well. All right, let's get through guys Sorry, now. I'm just trying to read the questions on the live chat coming in Our low hanging fruits your favorite setups my favorite setup is the first red day because based on my statistics That's where I make the most amount of money. My easiest setups are the low hanging fruit the day two setups What makes you not want to fade stocks anymore in my opinion guys all day faders are a losing strategy because they are not Predictable you cannot predict the dilution. You cannot predict the pumpers. You cannot predict anything So if you're going for all day faders, you are in a losing strategy I take my money and I walk away before 1030 that's been a winning strategy and snow surprise I'm up over three million dollars this year doing that when I first started trading that I have a rule book when I first Started trading. I didn't even know what a rule book was It was through trial and error and through losing that I came up with the rules max size rule max loss rule Walking away at 1030 rule stuff like that guys So when you join my seat the biggest problem guys people don't have a strategy and they don't know How to keep the money? It's very easy to make money in the market guys It's very tough to keep it in your pocket So you guys join MIC so that you could learn the strategies So you don't have to test down and try to figure out what strategy works We've already proven what strategy works and we teach you risk management Which means we teach you how to keep that money in your account Right because the worst thing you could do is make money nine days in a row and then on the 10th day You lose it all plus more it's happened to me it's happened about it's happened to 100% of traders and We have created a system. We have created guard rails We have created seat belts to make sure that you don't lose that money guys if my short order hits Should I immediately have a profit target to lock in 10 or 20 cents lock in 10 20 cents on half the shares? Set a stop at break even on the other shares and all of a sudden you're no longer losing money What type of criteria do you look for a first red day setup? I have a lot of videos on this guys Just go to the my investing club video library my investing club comm slash videos type in first red day You'll get every video on first red day that I have When someone signs up with MIC do you go live with your trades any morning? Anyone that goes live on a screen share or a microphone is pumping their positions to you guys they get in early They alert it to you and you are left losing While that guy wins so we do not pump. We do not alert. We do not secretly accumulate. We do not scam you But I post my watch just one hour ahead of time and that watches is what I used to execute So that's even better than alerts Alex if you spot a possible short squeeze even though you've been a short cell Do you have any ways to get long for me? That's something I'm trying to improve on guys That's one of my Achilles heels is I don't really go long too often because I'm very bad at it But it is something that I'm trying to work on so once I start to evolve and once I get better I will try to share that I Watch you open on a utl and saw the rejection of 735 is that something you would jump in on my plan on a utl was 750 and $8 rejection when it pushed up to 730 and failed I just waited for that bounce to short. So even though I missed the initial push. I got the failed bounce With locate fees so high how do you decide if you want to take a locate? I have a very simple rule I have to make at least over two times the locate fee Or I have to think to make over the two times a locate fee to take it So for example, if the locate fee is five cents I need to be able to make over 10 cents a share on that stock to locate it What is your second best setup after first red day the low hanging fruit because it is the most predictable And it is the easiest one to repeat So I think I want to wrap it up there guys. I like to keep these videos short and sweet a lot of people They don't watch after 20 minutes. So what I did last video guys, which is really really good is I Had you guys leave a like on the video and I had you guys leave a comment on the video and one person that I pick Wins a free piece of M.I.C clothing So if these videos are making sense to you if these videos are value add to you leave a like on the video Comment on the video with one lesson you learned and I'm going to pick someone to win some free M.I.C. close. So keep in mind Thursday Trader clinic at 4 p.m. Annual and lifetime members DM Tosh text Tosh his number is in the description for a discount watch the free webinar at my investing club dot co and Today was another stress-free day. I'm very blessed. I'm very lucky. I'm very happy. It is a Monumental three million dollar a year for me for trading only one hour a day So I try to set the example for you guys. I try to show you that you don't have to be here every single day I have tried to show you guys that if you walk away, you make more money and that M.I.C We lead by example. So if I could walk away and I could make money You guys could walk away and you can make money as well. So thank you guys for watching leave a like