 So let's record, we're recording. Let's see if Joe Kelly Meister is on here. He might be, maybe not, but guys, any questions that you have, this is now the time that I want you to ask him. So post him in the webinar's channel and let's get some questions answered. If you guys have, and again, if you guys have any questions about upgrading, about signing up, basically anything as it relates to getting in our wonderful club, you can literally just hit my direct line or DME right here. I don't know if Joe is actually here today, let's see. Oh, you know what? Last week, dude, he was like taking a crap or something. I think he was in line for like a burger or something. He was waiting until like 12, 10, my time. So let's see if he's here. He's probably just waiting, thinking I'm still talking about the slack. Oh shit, it has he? Damn. I'll tell you what, man. Dude, what we could change it up today, man. Does someone want to come on? Aiman, Alex, does anybody want to come on? I could bring like Tay. Ah, shoot. I didn't realize Joe was out this week. Hey, if you guys want me to riff, I can riff, but I could bring someone on as well, whatever you guys want to do, whatever you guys want to talk about. Tay's like, nah, you're too vulgar for me. Who's got some, Harry, where's Harry? Someone tell Harry Haas to get in here. I'll bring him on. Why not? I don't think he's trading right now. He's in witness protection. Call that little Canadian out. But guys, if you do have any questions, just bring them right here. But if I don't see any questions here soon, I'm just going to start riffing, man. I'm just going to start talking about my stuff. So badly want to talk about the presidential election, but I'm not going to. I'm going to keep that for a different conversation. I would only bring that up if Joe was here, man. I'm telling you, right? Because we have so much fun talking about like the state of the market, but... Wow, that's some nasty sell-off right there. That was crazy. Yeah, definitely no politics, not today. All right, guys. Well, until maybe Harry comes on or something, let's talk about some stuff. So let's go back to actually the, let's go back to, hold on one second. Let me expand this as much as I can. One sec, guys. Let's expand this and let's talk about some of the things that maybe I do every day or what I'm looking for, or maybe you guys can look for on a general basis when it comes to price action. So let me just, I'll just show you some of my process, literally just some of what I do every single morning. So again, guys, one of the number one things that you can do every single morning is reach out to Alex's watchlist channel and then see what's running, right? Like Bows posting scans in the main room, Alex is literally talking about the exact levels he wants on everything, but when it comes to exactly what we are thinking, or at least what I'm thinking every single day, let's talk about some things. So check this out. Let me, I gotta keep moving this little icon so it doesn't get in the way of the charts. One sec, poor little Canadian Harry. So ITRM guys, the one thing that we talk about every single week, so if we have a ton of stocks moving, oh, I definitely will, Bram, give me a sec. The thing that I wanna convey to you guys is the thing that I've learned over seven years that is really, really, really in a nutshell helped me, man. And I tell a lot of members this, if we get on like a trade or call or something is twofold, twofold. If you incorporate these in your trading, you are going to see unbelievably massive results or something for the better. Are you guys fighting trend and are you guys using hard stops? Hard stops are gonna be one of the number one things you need in trading because when a black swan comes and you just go, okay, I'm gonna use a mental stop. Dude, so many times it blows right through the level that you wanna quit or stop out on that trade. It keeps going and then you're frozen and then it just keeps compounding and compounding. I mean, I'm telling you right now, if you guys haven't seen some of these crazy, crazy moves and what they can do where a stock goes from two to 40 in a day, this is, look, this is why we have hard stops. Yes, of course you can cut yourself off mentally. We can always do that. But dude, at the end of the day, Harry's banning himself from after hours for a week, got it. When it comes to hard stops guys, the reason why we have them on is for the anomalies. It's for the one that blows through your mental stop and then puts you in a state of emergency, puts you, makes you shit your trading diaper. Number two, so are you guys using hard stops? Number two is are you fighting trend? Every single day, every single day, every single day. Let's see, what were the runners? I know some of the weak ones were C-Tech, C-Tech and Adel. So let's take a look, right? C-Tech today, what do you notice in this stock? Dude, it's up a lot, but it's beaten down. This is not what's called a hot chick. So we've got kind of verbiage and lingo at MIC and it's very, very much tailored to which side of the trend is intact for each stock. This is what's called a broken down stock. There's a lot of overhead. I'm gonna draw some lines for you. Check this out. Oh, nice. Let's just take a quick look at what Bao just traded. Ambo, yep, right back to VWOP, state of resistance. Nice job, Bao. And a red to green line as well. But let's take a look back at C-Tech guys. So check this out. Let's just draw some lines for the pre-market, right? The top of pre-market, and you could do this every single day to the point of basically the open, right? Look at how many people are underwater by the time this opened. This is called overhead. These are longs underwater on their position. Anybody who bought from basically 240 to 382, correct? Dude, that's almost half the entire move is people are underwater. Look at that. I mean, you could just eyeball it for God's sakes. If you did Fibonacci retracements from zero to 100, that's like 50% basically. So what happens when something like this happens? We are wanting to short a resistance point and the more coupling factors you have is the more that it is stronger, right? Like the more it's just way stronger. So on outer lines, I'm always putting near the tops, right? Like the points of resistance that I think it is probably a good chance of failing off. And I like these. I like these in the morning. It didn't quite reach my line, so I didn't hit it. But the whole point is, is this actually, Alex was calling it, he wanted 250, which is about right here, because not only was it a whole and a half dollar number, it actually correlated with a VWAP push and fail. So this was kind of like a double resistance and it lines up even right here. So you guys can really take that into consideration, but any pops on this, there's so many long traders underwater that this is actually probably going to be followed with some kind of resistance and sell off into these what's called, quote unquote, relief pops for the guys that are bagholing their position, correct? The reason why I wanted to introduce that versus this one is ITRM, look at the way it was trading pre-market. There's not a lot of people underwater. Now, I'm not talking about the daily chart. I'm talking specifically intraday and pre-market. If this is up from, let's say 66 cents up here, this does not look like what C-Tic looks like or C-Tec, this was another one. By the time this opened, guys, look at this, I wanted a VWAP push. Why did I want a VWAP push? Because this was trading so far under that any relief pop into this resistance line. God, I would have scaled. Now I'm a little bit more conservative and I wait for outer lines more than the next guy, but dude, this was my bread and butter. If this would have made it up to here, this I would have been like foaming at the mouth. Like this is what I'm looking for. This just really kind of tapered off and then didn't do anything until zombie hour, right? And then if you do draw a line, which you should every single day on your charts, at 1030 Eastern, after the first hour, this is when you need to kind of wrap up your shorts. This is when we kind of lose the edges short buys traders. This is the first hour, this is where the edge is. This is where you are going to see a lot better results as a short buys trader and then things tend to zombie, man. Volume dries up, it comes back and spurts, pumpers may bring it back in and then when it comes to volume, simply take a look. Let's take a look. The reason why this came back so strong is the volume was not only meeting the levels of the morning, it was expanding upon it and this was the highest at least intraday the stock had ever been. All you had to do was pay attention to the volume. You see that? It's dead. There's no demand here. You're buying this down here until you do start getting little perks and then you get some actual, some fluidity. You get some momentum. And then again, I'm just gonna lay this out for you guys. I'm just gonna lay down at 11 to 12, like I showed earlier. You have another edge in shorting. Like I said earlier, this is what Bao does every single day, man. He's shown up in the morning. He's using the majority of size. And yeah, so let's take a look at what Bao's actually saying right now. Notice after 3 p.m. and NDM, I haven't seen this one yet. Oh yeah, man, see, look at this. So two things, two things, guys, seriously, two things to pay attention to. Not only is the trend still pretty much intact on a multi-day kind of trend upward. And I like to just eyeball it, man. Like I don't even have to connect the points. This thing is just up from yesterday, went up in half hours, yeah it did but it reclaimed pre-market so you know there's some strength in there. And then what did we say? What did we say? If you draw a line, 3 p.m. Eastern Standard Time is when shorts lose their edge. That's when they lose their edge. This is not a time you wanna be short, especially on a strong stock, on something that has been squeezing, on something that has been holding, on something that is a multi-day runner. This is dangerous to short. So when you get a VWAP reclaim around this time period, dude, you better not be adding to your position and adding blindly without a stop. And like, oh okay, I'll do a mental stop. No dude, that's very dangerous. Because something like this, if this closes super strong, can gap up again. Look what it did, look, I'll just give you an example. So when something does what NNDM did, like yesterday, right? Like literally, let's take a look at this. This was yesterday's price action. When this is strong and closing high, it's closing strong into the close. You have two very, very common options. You have the option of one, a nice after hours run up. But because dude, the strength is spilling over. People are like, dude, I'm telling you, we're gonna get a gap up on this or whatever. But if it doesn't do a massive run after hours, sometimes it'll just close right where it is and then you'll get a gap up right here tomorrow where it starts there, you see what I'm saying? People thought they were in the clear right here. No dude, and then this thing was like, uh-uh. Because not a lot of people were under water from the day before, even right here. Again, price action is king, no matter if you're a fundamental trader or you're a price action trader, price action will always tell you if you're wrong or right. Dude, I know a lot of fundamental traders that freaking blew their entire life savings, man, thinking that, oh my God, this is the worst company in the world. That doesn't matter, dude, that doesn't matter. Look, I'm not saying fundamentals doesn't matter. Don't get me wrong. That totally matters. That offers an edge. What I'm saying is, is you can't play your bias and you can't say, look, just because I know an MDM should be down, I'm gonna short and I should be right. You need to remain, the market can remain way crazier than you can remain solvent, right? Is that, that's the old saying? I know Baal knows it exactly, but the market, irrational, right? Like the market can be irrational way longer than your account can be solvent. Price action in volume always will trump everything in my opinion. And I'll bet you, I'll bet you even if you ask our fundamental trader, markets can remain irrational a lot longer than I can remain solvent. Yep, John Maynard, Keynes. So check this out guys. This is our fundamental trader right here. I showed you guys earlier. Chicago Trader, his real name's Matt. I know he will tell you. I know because I picked his brain before. As much as he can tear apart an SCC filing, like I can tear apart a Tinder profile, he will tell you that due to the end of the day, if price action is telling you you're fucked, guess what, you're fucked. You need to have hard stops and you need to know when to do it. Now, this doesn't mean that something can't fail in at 3 p.m. This doesn't mean that at all. This could close back down to 240 day. I'm not trying to guess it. I'm not trying to anticipate. I'm just saying that your edge as a short is not here. That's the whole point. You just want to kind of lock up your shorts by this time. Does that make sense? You have an hour window in the middle of the day as a short bias trader if you're not trading the immediate morning. The famous last words, but this time it'll be different. And the thing about trading is it's a probability game. The reason why I had trouble as a short in my first year and a half is because here's what would happen, guys. Here's what would happen and I'll give it to you in a nutshell. I would be right. And, you know, Bao did this in his early days too, he would tell me. I would be right 30 days in a row. It didn't fucking matter. That 31st day, I'm stuck short from fricking 202 on NNDM on that 31st day. And I'm adding here. And then it goes to four and I'm stopping out and I'm losing the month of games. I can't tell you how many times I did. Dude, I did that for a year straight. So I was like, dude, I'm king short. I'm baller, I'm cocky. I don't need a hard stop. Dude, I didn't use a hard stop until a year and a half ago. I've been trading for seven years. I would run this shit overnight. And guess what? A month of games gone in one day because I was a dumb ass. Or as Bao would say, my favorite saying, a dumb fuck. You got to incorporate hard stops. Number one, well, here, I'm gonna do it. I'm gonna write out. Like I want you guys to screenshot this. I swear to God, dude. Number one, hard stops. Number two, don't fight trend. Number three is basically, well, I would say time-based trading. Master time-based intervals for trading. Dude, if you can master these three things, dude, you're gonna set yourself up for so much success, man. So much fricking success, guys. I screenshot it if you have to. I swear to God, hard stops. You cannot leave it up to a mental stop because when an N and D M comes or a U O N E or something crazy, it only takes one. I knew traders who were like, it takes one. I knew traders who made 30, 40, $100,000 a day. Then a stock comes around and they lose a million. Bro, you wanna live like that? Look at what Alex has done. The reason why everybody wants to be Alex. The reason why Alex is the most disciplined trader in the world, the reason why it's not about making $20 million in a year is because Alex is literally walking process. I'll tell you what he does if you're not familiar. He is up a million dollars on the year on process that we teach. He's not withholding information. He's not withholding everything. He shows you watch list. He shows you commentary. He shows you the lines. He shows you what he sized and he shows you a P and L. He will trade with a $35,000 account. Hear me here. You gotta hear me on this because this is how important process is. Alex will trade with a $35,000 account. Guess what? When he makes $15,000, when it goes to 50, he wires the fuck out. Dude, look at this. This is from our boys at Cobra. This is my main man. These are the guys at Cobra, dude. This is literally Chad and all these guys. And Chris, look at this. As prerequisites, we've generated your profit loss for the time period from January 1st, 2020 through September 9th, 2020, based on cleared trades through your account held by our clearing firm, which is Wedbush. We have determined your profit and loss for this account during this time period is a total of 453,000 net after all fees. Guess what? That's one account. Here's his e-trade. Here's his e-trade, 499. That's Cobra and that's e-trade. And I think, is this the third account? I can't even keep up with all this fucking shit. That's a million dollars if you add it all together, guys. That's a million dollars. My point is, and I haven't even gotten to it yet, my point is this, Alex trades an hour a day and he cuts himself off an hour. He, dude, I'm telling you literally out of this million dollar year, I know for a fact, maybe three days, Alex traded a little bit in a lull, a little bit, only because maybe Bao wasn't around to slap him around. Bao was probably out sick. Bao was probably out partying. Something happened where Bao wasn't there that day to say, hey, dude, cut it off. And then Alex was like, oh shit, I'm over training. My point is, is Alex's walking process and it's teachable, it's scalable, it's repeatable. So if you're part of a service or you're part of any kind of room where you cannot actually do what your mentor is doing, why the fuck are you in that room, dude? Why, why are you in that room? Swinging $500,000 P&Ls down 300 up 100. Guys, can you, look, I'm just saying can you, can you repeat that? All I'm saying in this is everything that we teach are repeatable. In fact, you can literally be Alex, but you gotta do, you gotta put in this, I'm not saying it'll be easy. I'm saying trading is not an easy career, but it's simple. And Alex has simplified exactly how he did it. He posts it, he talks about it. We talk about it every single day. GSE 224, I didn't know Alex watched all MIC content before it gets posted at LOL, he never stops on it. You think Alex needs to be in this webinar right now? No, dude, he's in Miami. He has technically on a vacation slash work life right now, but it's a different norm for what he's used to in your journey. You think he needs to be in this webinar right now? No, dude, he will outwork everyone. Alex will outwork. Yeah, I should be on a beach with an umbrella in my drink, literally Alex. Dude, Alex, the reason why he makes a million a year, making the most amount of money with the least amount of stress, why? Because he has a process, because he sticks to his discipline. Alex is such a master of things. I've never seen anything like it, dude. Now he's taking it to health. Now he's taking it to his body. He's working out. Dude, Alex is gonna look like Terry Crews in like two months, I know it, because this fucker's so goddamn disciplined, dude. That's the point, a million dollars in a year or look like Terry Crews in a year. Like he's extreme, dude. I'm telling you, he's good, but he's crazy. The point is guys, if you cannot repeat what you're, what the people in charge of your room, I'm not even gonna say mentor, I'm not even gonna say guru, I'm not even gonna say fooboo, just the people in charge of whatever room you're in, moderators, whatever, can you repeat what they're doing? Are they teaching in a way to where they're not necessarily revenge trading or buying breakouts or pumping stocks or front running or doing anything that is basically, I hate to say it, but agenda purposed. Does that make sense? Agenda purposed, they are after their own gain first. They don't care about you. You are a number in their room, you are a sheep. You are someone that they churn and burn. They don't know your name. They don't give a flying ass, dude. That's my point. That's the difference of MIC, dude. That is the difference. And Alex is the walking epitome of this and what you can become. So again, if anything, guys, this webinar is almost like a little bit of a motivation today. And if you guys have questions, I mean, ask them away, serious. But this is more of like a look, I'm telling you, you can do it, but you've got to put in the time. You've got to put in the energy and you've got to put in all the resources. If you are in our chat and you are not reading this one, like probably valued at $700, which we give away for free every single day. If you are not reading this watch list every single day and reading the commentary, well, guys, you got to watch the video. You got to participate. You got to ask for help. It makes, I mean, you got to put in the time. Obviously, you know, we can't trade for you. We can't learn for you. You got to get out there, but we have all the appropriate tools. And if you master these three things, man, which basically is processed is, I mean, I go goes without saying, number four would just say basically, D, all of the above. Yes, that is my final answer. This is what process is. Having a hard stop, having your certain criteria, not fighting trend, cutting off at a certain time based on time-based intervals for trading. If shorts only have the edge for the first hour and then 2 p.m. to 3 p.m. Eastern, you really want to trade low. You want to trade midday unless there are exceptions. The way Bow trades is he is able to take a full advantage over this process, but guess what? He's so good at channel trading and hitting the resistance lines perfectly that if you have the best patience and discipline and you give yourself tight risk like he does in just channel trade, you can actually see a career in that as well. Bow does that every single day. He will maximize the morning, size the F down and channel trade. But here's what happens. Is he is cushioned from the morning of using size and or bigger size that by the time channel trading comes around, if he's up 8,000 in the morning, yeah, risk $400 on a trade. If it lines up, risk $300 to make $600 and then he just keeps patting the wall. Does that make sense? Does that make sense? It's hard to beat Alex. We need to work hard and putting in lots of time. Alex's life motto, dude, is make the most amount of money with the least amount of time. So again, there are guys on Twitter claiming to make 10 million a year and guess what? Maybe some of them do. But what level of stress are they dealing with? Do they go home and literally hit their girlfriends because they're so stressed from losing $400,000 today? Like who knows, dude? I don't even wanna be a part of that level of stress. Go in, base hits. So that was another thing. Actually, I think it was Austin who said this recently and it just stuck with me. Austin's got really, really good analogies, man, or at least sayings that work for trading. So one of the first that he's known for is guys, front side shorts require front side covers. Just because a stock is pure front side does not mean that there's not a short in it. It's just if you wanna stay safe and maximize your returns and maximize your trades, obviously hitting the side chicks like C-TEC or C-TEC in the morning and not ITRM is gonna be the way to go. You're gonna wanna hit things like C-TEC versus ITR. Oh, I'm sorry. Wait, what the hell? C-TEC. Yeah, C-TEC, that's what I was trying to pull up. You're gonna wanna hit the side chicks, the simps. Does that make sense? You're gonna wanna hit the simps. This is what Alex did today. Nice, thank you, Alex, for posting those. Check this out, guys. NNDM side chick, right there, poppin' a VWOT fail. Let's go peck. This was a chat pump. Once it started topping out and stuffing, Alex shorted. And if you guys look at peck, it was actually a low-hanging fruit. So this is where you correlate. And this was a failed pumper, not MIC. This was a failed competing pumper service that bought the shit, alerted to his room, lined up with previous day resistance. Alex took advantage of that right here, especially when it started stuffing. You saw that and covered right there. Dude, nail and bail, sick. NNDM again, once it broke down, once the top was for him, he got his move, then you size down, hit it, VWOT again. The first two bounces are the best. The first one's obviously the best. The second one can work. Stay careful on the third. J-FIN, boom, I forgot this one. Oh, that was the one I forgot. Nice, thank you, Alex. I totally forgot about this one. Dude, I was even saying it in the open. I was like, dude, I'm saying VWOT and Adderline right there. See how that core aligned with all this? Check this out. How many points, how many times, and again, I don't need to get it to the scent, just eyeball it, top, top, top, top, top, top, consolidation point, it just kept bouncing. This is a form of resistance. So when it's way under and it pops back to that, if you could combine VWOT with this, and I mean, if you wanted to get exact, yeah, it's pretty much right there. And look, this isn't rocket science, guys. It's not rocket science. So again, broken stock, side chick, weakest stock of the day. Alex was not trade, I don't even think he did. I don't even think he hit ITRM today. Why? Because it was the strongest. Alex has not made a million dollars in the year shorting the strongest stock of the day. I don't know how much more easier it can be, it can be taught. He mentioned it was a side chick. He put in the watch list today, ITRM, potential hot chick of the day, boom, let it form a top, then we will join a pop to short after a death penalty open, which happened, which happened, but here's the thing. Alex has already made his money, dude. I'm sure he was like, fuck it, dude, I'm gonna go on the beach with a pina colada. Dude, hell yeah, Val, do you wanna come on for a sec? Who wants, Val or Alex? Do you guys wanna come on? Alex, let me bring you on, bud. He's there now. Good point, Val. Oh, shit. Alex, you on the under Alex Smiths? Yeah, there you go. Yo, do you hear me? Take the floor if you're there, buddy. Yo, do you hear me? What's up, buddy, yeah. What's up, dude? What's up? How you doing? Dude, I'm jealous that you fucker, you're in Miami. Like, how much better does it get? But I'm not on the beach, bro. I'm in my hotel room right here. And in about 26 minutes, he's gonna be on the beach. So let me kind of, I'm not gonna give too many details of it. I'm just gonna give like a date and a time. So we are planning a Miami meetup on Saturday, October 10th at 1 p.m. The location will be disclosed soon, but we are going to start back up our meetups. And this one is gonna be great because both me and Bauer are gonna be there. So mark your calendars, Saturday, October 10th at 1 p.m. Miami meetup. Guys, you can screenshot my screen right now just to get the details right here. Miami meetup, Saturday, October 10th, 1 p.m. It's the time, not the p.m. Oh, yep, sorry. I just meant to say 1 p.m. Yep. So that's it. Yep. Dude, that's gonna be so much fun, man. I'm in the process of moving, guys. So I won't make this one, but I'm gonna tell you right now, you're in good hands. Bauer and Alex, dude, it's gonna be so much fun. It's gonna be great because when MIC started, our goal was to kind of throw these meetups and get traders to meet each other. And because of the pandemic, it was put on hold for the past eight months. So now that Miami's opened back up 100%, and I'm here, it seems like fate that we should throw our first meetup back from COVID in Miami. So I'm excited. I'm looking forward to meeting everyone again, and it should be fun. Guys, this is what they look like, man. We get traders together, man. We meet you guys. Seriously, if you go through the after, look at this, dude. These are our meetups, man. Look at it over there. This is a community, man. This is in the beat. This is one of Alex's friends that comes to all our meetups, dude. He's like one of my dear friends now, but I'm telling you right now, dude, this is a fucking family, dude. Yeah, it's gonna be fun, man. I wish you were coming to Tosh, but I know it's kind of a lot right now. I have to kind of get everything settled. It's a little bit short notice because again, I wasn't really planning on staying in Miami, but I love the vibe and the audience here so much. I decided to stay a few more weeks, and that's busy. So Bao's gonna come down too. Gonna see him for the first time in almost a year. Oh my God. So it's gonna be really fun to hang out again. Yeah, man. Bao just booked his flight today to Miami, dude, next weekend. So I'm telling you, it was so short notice. Unfortunately, I just conflicted with my schedule, but guys, it's gonna be a lot of fun. Definitely make time, man. When we created MIC, and Alex basically just corroborated this, is our goal, dude, was to do it different than everybody else. And look, every now and then, someone will do something where they put it in a loop. Do we want to meet thousands of traders? We wanted to literally like- And now that we're gonna start back up again, everyone else is gonna start back up again too, bro. Just you wait and see. Dude, like how much fun we're, Alex, how many in-person meetups do you think we've actually done? Seriously? Well, MIC's been around for two years, and for one of those two years, it was COVID. So in that one year span that we- One year. We threw about six or seven meetups in one year. It was basically every other month. And dude, in like two boot camps. Oh yeah, two boot camps, exactly. Shit, man, we did a lot. But it should be fun, man. I'm excited to hang out with everyone. That's awesome, man. Who's going right off the bat? Anyone here? I know a lot of people are probably gonna catch up to this webinar, but is anyone, ah, dude, that's awesome. David, bring the wagyu, dude. Hell yeah. Oh yeah, David, definitely bring some wagyu, bro. Oh shit, I just screwed David. Now Alex is gonna order like 10 pounds. That's it, bro. I'm gonna clean him out. Yeah, guys. So it's gonna be a casual meetup Saturday, October 10th at 1 p.m. It's going to be at a rooftop. So we're gonna be outside. We're gonna not be in an enclosed location. Should be really, really fun and excited. There's gonna be drinks there and stuff. So we're gonna keep it casual. We're gonna keep it good. It's gonna be great to put a face to all the names that we've been seeing because again, our goal, our mission was to kind of unite traders and bring them all together because trading is very lonely. We sit in our desk for eight hours a day and we're mostly not that social for whatever reason. And it's really hard to talk to people about trading because they don't really understand what it's like. You can't go and tell your friend that you're making or losing $100, $200 a day. They're gonna think you're gambling, but we're gonna be surrounded by traders. Maybe you could find a tab in Florida. Maybe you could find someone that trades a similar style as you. There's a great way to kind of step out of your comfort zone. We've been locked up for such a long time and what better way to start getting unlocked than to kind of hang out with me, Bal and the entire team. Guys, the worst thing you could ever do is not reach out, is not attend these events because you're scared that maybe someone as good as Alex will judge you or think you'll ask a stupid question. That is not what this is about. We were all beginners, bro. I remember when I was trading on my setup Costco, dude. I went to Costco and I bought the cheapest computer that they had with the cheapest monitors that they had and just with so much lag and so much nonsense, but that's how I started. Alex, I'll do one better. When I first started trading, bro, when I first started trading, obviously I was in the most well-known chat room that we both wore that came from. That produces a lot of guys getting in the market and I traded for the first year and a half from TD Ameritrade on, I didn't even know what it was at the time, but dude, I did the first bounce it up on my mobile for a year and a half. Oh yeah, dude, definitely. I remember some of the first stocks I was trading was like plug and all these crazy things. And it just goes to show, man, that was where I started. Bow started with these massive screens that he has a very famous story where he had it on a desk and the screens were so heavy that the desk crashed like... Dude, that's the best story. ...freaks out. So we all start somewhere and yes, I'm very blessed. I'm very lucky to be... Basically, I went to Best Buy the other day. I went and I was like, again, same thing. Like, yo, what's the cheapest setup you got here, bro? So I went, I got the cheapest setup they had, set it up and took it from there. So I mean, we were all beginners. Yes, I'm in Miami now. Yes, I'm really finding success, but at the same time, I still remember what it was like to be struggling every single day to find consistency. And the thing that really helped me, really, really helped me, is just dumbing it down to being so simple. The basics, right? The basics. Short at resistance, cover at support, walk away in zombie times and ignore the hot chick. And do not fight. I just keep it that basic. Exactly, bro. And hard stops, hard stops. And if I just kept it that basic, you know what? I went from making 5,000 a day, losing 10,000 Tuesday, making 30,000 Wednesday, losing 50,000 Thursday, making 100,000 Friday. I was starting to lose my hair, lose my appetite, find so much depression. And ever since I dumbed it down and made it simple, sticking to the side chicks, sticking to the broken stocks, putting hard stops and walking away in zombie times, shit, we're in September, October's about to end. And I think I'm up even more money now. It's crazy. Well, I know. Let's be as real as we can, dude. You could probably push up $4 million a year, but dude, why? It's gonna stress you. Oh, definitely, bro. I actually underperformed this year. So I've actually had years where I've made more than $1 million in the year, but I was trading eight hours a day, trading nine hours a day, sitting in front of the desk at all times. And to me, this year, I underperformed in terms of P&L. I didn't make the most money out of anyone, but I could guarantee you that I traded for the least amount of time. And I don't know about you, bro, but if you tell me that I could trade for an hour a day, make a million dollars and have the next 20 hours to do whatever the hell I want, whether it be working out, going to the beach, drinking, meeting people, I would take that over making extra money, working more time, because at the end of the day, there's gonna be a certain point where the happiness is more important than the money. Well, right now, if I'm able to stay stress-free, it just pours into my trading for the next day as well. Every day that I trade stress-free, it goes to the next day. Dude, and it's like a lot of new traders really don't understand this concept, but we are trying to kind of input this in your mind, guys, is like, look, Alice can probably pull a three, four million dollar a year, but here's the difference between rich and wealthy, man. Rich is having all the money in the world in no fucking time. Dude, if he makes really good money and has 22 hours in the day to do whatever he wants, because he traded for two, you know what I mean? It's like not into getting sleep, but if he has the rest of the day due because he only traded an hour, that's wealth, dude. Again, my goal, I've met a lot of traders, bro. I've been blessed to meet a lot of traders that make five, six, seven, eight, nine, 10 million dollars a year, right? It doesn't matter, dude, yeah. And you know what it takes to get there? It takes literally 24 hours of focus. It takes constant studying, constant education, constant improvement, constant everything, and it is possible. And if I set my mind to it, I can do it. But for me, based on what I'm looking for out of trading, I'm looking for freedom. Quality of life. Freedom and time, right? Because I don't want to sit there. I don't want to sit there for eight hours a day and just trade and trade and trade. And then by the time the market is closed, the press and my day is already gone. I'm very, very happy and very satisfied doing what I do, sticking to the process and being able to walk away. And you know, every time that I walk away after a good day, it just makes my day better because I'm already starting on a winning streak, right? I have a great day. I have a stress-free day. It kind of gets these endorphins going in my system that says, all right, you kicked-ass trading today. Now time to kick-ass everywhere else. If I'm sitting there and draining my time, draining my energy all day trying to make an extra dollar, I'm not going to have that same high and that same happiness as I'm getting right now. So it's all a matter of perspective. And for me, guys, what I'm looking for is trading for the least amount of time and making the most amount of money. Dude, I love that. And going back, bro, to this picture, because I literally can't tell you how hard I laughed when Balf first told me and Alex because we're in a group chat together. And he was like, dude, these computers were so big. He goes, I was the middle of the night, dude. Sounded like an earthquake when his desk fell in the open. Yeah, Balf thought it was an earthquake. And he looks back, he's even more sad because it's his fucking trading setup. And if you know anything about Balf, he loves his trading setup more than anything, especially his mobile setup. And he's superstitious about it. Bro, do you know, if you guys have ever seen Balf on his mobile setup, he travels in a suitcase with his mobile setup. He doesn't even have clothes in a suitcase. He just gets clothes, dude. As long as he brought his computers, he forgets clothes. Yeah, most of the time he brings the computer, sets it up and makes enough money to go buy some clothes while he's wherever he is. Dude, I was laughing so hard because Balf was like, when the pandemic first hit, Alex, do you remember? Balf was like, dude, people are quarantined at home. He's like, I've been trading for 20 years. I've been quarantined for 18 years. Yeah, exactly. We've been quarantined our whole life being traders. And that's where the meetups come in, right? We know what it's like to be quarantined. We know what it's like to be alone. And it's hard to talk to people about trading. And you know what? I'm very, very, very proud of the whole meetup thing that we created. And we started because if people are copying it, it means that there's something really organic and something really good there. So while these people are just doing it to do it, we actually get enjoyment from it. So be prepared to see plenty, plenty more of these happening as the restrictions on COVID end. Oh, 100%, man. And I will definitely be at the next one. Alex, real quick, are there any sectors that you and BOW avoid personally? Sectors? I definitely avoid blockchain, man. I'm not a fan of it. Oh, like cryptocurrency stuff like that? Yeah, like you don't do it in any kind of sector. I don't really touch that stuff, man, because I don't really understand it. Maybe not in terms of sector, but maybe certain news catalysts that I avoid are phase two, phase three trials. I don't really like those. Huge names attached. I don't like when companies have Amazon or Walmart and their PR. I'm basically looking for the scammiest of the scam companies. And if they have something like Walmart or Amazon, even if the deal is fake or real, it is still possible to be pumped, you know? Yeah, dude, because if, look, if Warren Buffett's name is in the headline, dude, that's gonna, I mean, for the uneducated trader, they're rushing to buy it. Exactly, exactly. So we have a list of rules, and I think you even have your list of rules that's posted at like six or 7 a.m. every single day in the mail. Yeah, it's so early in the mail. I think it's at like 4 a.m. Yeah, it's somewhere in the room, but we have like a set of rules. We have a process. And I'm pretty sure that we have videos in the video library that cover all the stuff too. So we just, we just have literally every, like I'm trying to think like what we don't have for a new, if you think about the MIC video library, it's basically a search engine guide. So we have so much content and so much videos and so many lessons that if you just go to the video library search bar and type in something, you'll be able to get a full database of all of these videos and all of these things that we're talking about. And that's kind of how you could refine and improve your process too, right? Bound it. Here's a whole rule list, guys. Here, I'll show you how to access it. Just download it right here, 4 a.m. Eastern every single day in the main room. It's just, dude, it's just gonna show you how to stay safe. Oh, should I just do an offering? And again, guys, you have to remember that trading is a game of pattern recognition, right? So in trading, your goal is to find patterns that work and wait for them to show up and execute the pattern again, right? So Bal and I have been trading for so long that we've seen the same patterns happen over and over and over again, right? We've seen the same observations like the zombie rule or the first red day or the low hanging fruit. So we've basically done all the heavy lifting and all the hard work, finding a strategy that works, right? And that's the reason why we found it is because we lost so much money trying to figure it out on our own, right? So now you don't even have to figure out the strategy. All you have to do is join and learn the strategy and wait for that pattern to show itself again, and then that's how you capitalize on that setup. So I'm basically waiting every single day for these low hanging fruits, the first red days, the death lines, the BWAP proclaims, all these setups that are different patterns in my head and I'm just waiting for the stock to conform to the pattern. And when that pattern presents itself, I put capital at risk and I try to take advantage of that opportunity, nine times out of 10, it's gonna work. And that one time out of 10 that it doesn't, my hard stop is gonna save me. Exactly, man, exactly. Dude, it's not a surprise, it's not a coincidence that the same process that I'm using is what James is using, Harry is using, Faye is using, Tom is using, and plenty of all these other members are using to find success. It is not a coincidence that when someone joins MIC that they don't leave or they don't cancel, it's because they find so much value in it. At the end of the day, MIC is $6 a day, right? And if you can make more than $6 a day, which is, I paid $55 in commissions today. So if you can make more than $6 a day trading, then this is all worth it. And to me, the way that I see it is that you with this 200 a month or $6 a day is basically an investment to make five to 10 times that per day. And guys, be honest, dude. It's like, be honest with yourself, seriously, write a spreadsheet budget yourself if you have to, dude. I went to Starbucks right before this and guess what? I need a latte to perk up. Dude, it was $6.56, man, that's a day in MIC. Yeah, bro, are you crazy, dude? It's like, come on. I know Tosh could afford it because he's a great trader and he's making money, but for most people, you shouldn't be spending $6 and 50 cents on a goddamn coffee. Guys, for real, man, it did, man. That can be a full day of education. And trust me, if you just take 1,000 shares and make a 10 cent scalp, there is half your membership paid off in one day, guys. All you have to do is put in the work. And you know what I've been learning about this whole workout journey and everything else because I'm very new to it, right? I'm very new to this whole working out and exercising world because I really despise it. But the more that I do it, the more I realize that the only thing stopping me is my brain. My brain is telling me to stop, right? And if I'm just able to kind of trick my brain and convince my brain to keep pushing and keep going, I see the results and it makes it worth it. So the point I'm trying to make is, guys, take a chance, try, take it seriously, put in the work, watch the videos, and you will see success. It is not an coincidence that I'm the one that is watching all of the videos before they are posted. I, all the moderators send me the videos. I watch them, I approve them or deny them. And then I put it up in the video library for everyone else. So I am the most up-to-date with the content and I am one of the mentors here. So why shouldn't you be doing something similar, right? If you want to see the same results as me, do the same things I do. And we tell you every day. Dude, we tell you every single day. I mean, it's so funny. Alex is like, dude, literally think about what Val just said. This is like the funniest thing and it's so true. I rather spend $500 on a Supreme T-shirt to look rich than join an MIC to be rich for real. Guys, do you know what lifestyle inflation is? Is buying the Yeezy's, is buying the lattes, is buying the Patek Phillips, is buying all the fucking bullshit that is not going to be an asset in bringing money. Do you want to hear a funny story? Do you want to hear an answer? So I have, so I guess a lot of my friends know me as like the stock market guy now or I guess Instagram, whatever. The point is that I have a lot of friends that say, hey, I have a friend that wants to get into trading. Can you talk to him? Can you do me this favor? And you know, I'm a pretty nice guy. I do favors for a lot of people. So I met with this one kid who was a friend of a friend and this was maybe like a couple months ago and he's like, look man, I'm really excited to get into trading. I saw all your stuff on Instagram and YouTube. I really want to get started. Like, how do I get started? Like, what do I do? What should I do? And I'm like, look, your best bet is to get the annual and to get the accelerator because the point is that you're not going to be able to find success in one day or one month. If you truly put in two or three months of studying and use the other nine or 10 months to trade, you will find success. And he was like, you know, it's a little bit expensive, you know, I don't really know if I can afford that. And then I was taking him downstairs and he was looking at my shoe collection and I have a pair of these off-white Nike's that are $2,000, right? Oh, I know which ones you're talking about. Those are second. Dude, I have the same shoes. And I'm like, wait a second. So you can't afford to pay $2,000 for a full year, but you have the same $2,000 shoes that I have because I actually like shoes and I could afford it and I have the same shoes. I was like, why do you have those shoes? And I'm like, dude, what the fuck are you doing having these shoes, instead of putting that money towards something else? And that's what's happening, guys. That's exactly what happens. People are buying shoes, Gucci belts, this, that, when they can't afford it. If I made $3,500 today, a $2,000 a pair of shoes is not the end of the world for me, but if you're making $500 a week and you're saving up a month to be able to buy these fucking shoes, then that's where the problem is, guys. That is why most people in America are fucking stupid. They're putting their money towards luxury items instead of shit that's gonna actually build them a future. Dude, we live in a world, man, where broke people try to impress other broke people to appear rich, but they're actually broke. It's like, dude, it makes no sense, man. Lifestyle inflation is the biggest problem in society today is everybody wants to appear what they're not to prove to other idiots that aren't even that. It's like, dude, nobody cares at the end of the day, you just build your own education, man. It's unbelievable, bro. This guy's telling me he doesn't, he can't afford it. He's not, he's interested, but he can't afford it yet. He has a pair of shoes that he literally cannot afford to have. Dude, here's the thing, here's the thing. Alex just said it perfectly. Dude, I love these. I remember when you showed me these the day you got them. Guys, if you have something in your house like this that you can hawk on eBay and you're not doing that and you're still failing in your trading and you haven't sold these to get an accelerator course, your priorities are out of fucking whack. Get the accelerator course, learn how to buy 10 of these. Like, I don't get it, dude. I don't, everybody wants to buy a liability. Nobody wants to like get an asset. And I didn't start buying sneakers and watches and all these toys until I started to have a shitload of money in the bank, right? And I didn't waste my time. I didn't waste my money on this stuff. I want to conserve as much money as I had to be able to use it in ways I thought was necessary. And now that I've found a little bit more success and I've kind of gotten a little bit border with all this shit, I kind of screw around and spoil myself because I feel like I deserve it. Whereas a lot of people should really honestly be focusing on building their wealth and building their education. And you know, when I went to college, college was $20,000 a year. MIC is a 10th of that price to make 10 times that amount, you know? Look, and here's the thing, man. Don't set yourself up to fail. In fact, dude, the only reason why there are hateful people in the world trolls, some, but dude, the only reason why there's a troll and a hateful person, whether you see him on Twitter or not, is because it's a motherfucker who gave up on their dreams, guaranteed failure by quitting and is mad at you for succeeding or at least aspiring to still make your dreams come true. That's where a troll is, dude. Someone who gave up on- And guys, we're here every day, every week, man. I was here the other day, I was here yesterday. I was here today. I'm here every single day trying to help you guys, being there for you. Bow is here, the moderators are here, so please look at the value that you are getting. Look at the value you are getting, and trust me, it is worth way more than that $6 coffee a day. Dude, I remember when Bow saw those with the tag on and he was like, did you steal those from like Foot Locker? Yeah, Bow cuts off that tag on who's half the value. Yeah, literally, you lose $1,000 instantly. But that's it, guys, that's it. So I'm gonna probably wrap up here, Tosh. This was all my name, seriously. But if anyone has any questions, they could text you, two, one, three, four, five, eight, five, nine, nine, seven. And that's it. Yeah, guys, if we didn't get to any questions, we really talked about an important topic today on psychology. So seriously, I'll just answer them in PMs, guys. So if you missed anything or you want something answered, obviously our PMs are always open. A big thank you for Alex coming on, man. He's in Miami. He should be on a beach right now. But again, man, he's putting in the time to teach you guys. We all are. I'm actually, I'm actually for the first time in two years, dude, in two years since inception at MIC, I'm taking the next couple of days off, man. I've never taken a weekday off unless it was a holiday. But because I'm getting in the process of moving and everything, I'm gonna take tomorrow and Friday off. So today is your chance to contact me. Yeah, so if you guys need any help with anything, Tosh is gonna be gone tomorrow and Friday. So feel free to DM me, DM the moderators and we'll all be here to help. Yeah, guys. And then, dude, they forced me to take a day off, man, I'm telling you right now. Now I gotta go buy smoothies and skinny jeans, as Bal says. That's part of pamper day in process. So, dude, I love you guys, man. This was a fantastic webinar. Alex, go enjoy Miami. Again, guys, we have the Miami Meetup coming up. So just keep it in your days. Yeah, more information on Monday about locations. I will announce the location details and sign up sheet on Monday during the YouTube Live. Dude, awesome. Alex, go enjoy your day, buddy. Later, bro, have a good day. See you, man. See you, guys.