 Alright, so here we are guys, today is January 4th, 2021, we've made it another year, Bow and I are here in Miami trading together, this is one of the rare opportunities to see us both trade together, and that was actually kind of an interesting experience because like to be honest, Bow and I trade the exact same way, so like we don't really even need to kind of share anything pretty much, we're basically just letting each other know which stocks are moving to our line so that we don't miss it, but other than that we're just pretty much dealing it together, so topics we want to talk about today is what happened in 2020 in the stock market, so we'll start with that, so you know normally the market is pretty slow at the beginning of the year and into summer and then towards the end of the year is when it starts to heat up again, but this year we had a big anomaly which was coronavirus, so coronavirus hit around February and March, the entire stock market just went straight down, everything tanked and everyone's businesses were shut down, everyone was stuck at home and the only business that was available to make money on was the stock market, so we got a lot more market participants this year and additionally we got the $1,200 stimulus check, so this year everyone took their stimulus check money and put it right into the market which created a big V-shaped recovery and you know here we are now, so this year we had the most amount of low-flow runners I think in history right, the most amount of volume, the most amount of plays, the most amount of anything, there's a lot of people that became millionaires this year, there's a lot of people that lost all their money this year, but you know I'm happy to say that me and Bao both killed it this year, our members killed it this year and you know there's a lot more action to be expecting in 2021, so what do you think of this year Bao? This year to me has been a giant surprise, a couple reasons, coronavirus right, it came out of nowhere and everybody expected the coronavirus to devastate the economy in the stock market wise, stock market went to an all-time high while Main Street which is a small business owners went bankrupt, so that to me, you know I don't want to say this, I hate saying dumb money or smart money, the people that are too over-educated like it is weird right, you think about like coronavirus should have devastated the stock market, why is the stock market an all-time high when people can't leave their house and so smart money doesn't mean that you're gonna make money right, the people that think they're smart money they go bankrupt because they become overly biased and they go all in short and that's what in my opinion the stock market kept on going up because they kept on squeezing all these guys I think there's no way that these stocks could be all-time high, how could they possibly be right, if the whole entire world economy shut down, we can't even leave our freaking houses shelter at home in California, things like that right and so that is a year of to me these guys I have not been trading for a long time they think that the stock market never goes down and so what's gonna happen is this, this is why this year 2021 is very important for you guys to learn and educate yourself because to me the dumb money made a lot of money last year, guys are just buying shit high and high look at Tesla, look at Tesla, I mean it's unbelievable, Tesla is like more market captain BMW Mercedes, Elon Musk is the second richest man in the world doing what sell these cars which you know may have not even make money right and so 2021 guys I am telling you right now you made a lot of money in 2020 just buying stocks and selling it higher 2021 may be very different this is the time for you to educate so you keep your gains okay so it's very important you listen in guys because what happened is this man to me the stock market is not gonna go forever nothing goes up forever you gonna but this is a windfall that everyone got very blessed upon we all got blessed 2021 shit just went up we just made money so now we have to keep our money right guys so let's listen to Alex and what he has to say how would keep your money in 2021 yeah I think like you said bro like 2020 was the year of dumb money making a bunch of money you had people that were uneducated people that they know what they were doing just buying a bunch of shit and it worked right and because that worked for so long you know they feel like they are invincible they feel like that's never gonna stop working so the only thing that separates you from you know everyone else is how much you actually really know about these stocks how much you know about these companies and how to properly trade it right the stock market is a game of the educated people like myself about taking money from the uneducated people that are buying bngos 789 and 10 right these guys think that these companies that go from 50 cents to six seven dollars are the future they're gonna cure cancer they're gonna cure Alzheimer's but the reality is that they're just based on hype right when the hype dies everyone that's uneducated is gonna hold and hold and hold because it worked for so long and everyone else is gonna clean up that knows what they're doing so an example like bngo you know what I'm waiting for is the first red day setup so that's something that we teach to our members that is the easiest stress-free way to trade something like that and you know there's a bunch of other stocks moving every single day you know I would say in 2019 we had maybe one opportunity a day in 2020 we have 10 opportunities a day and at this rate 20 21 we might have 10 or 15 opportunities a day but you know the key for me is you know anytime I try to nail all these trades I don't really nail any of them right so you know this year was a great year like thou said you were very blessed you know I worked for one hour a day and cleared over a million dollars net profit after fees commissions locates all that stuff so you know I really can't complain but you know I don't see this lasting forever I don't see this euphoria market lasting forever I don't see everyone you know constantly throwing darts and it hitting and working forever so you know I just want this momentum to continue for as long as possible I want more stimulus checks to come into the market I want more dumb money to enter the market because the more dumb money that comes into the market the easier bow and I have to just kind of make money off that stuff so there's why I'm trying to tell you most of the guys are entering the market right now are new they've never seen a recession they've never seen the markets in a bear market they they enjoy 12 straight years the biggest bull run in the history of the stock market if you Google the economic cycle you cannot go up forever you have to go into recession you know everything needs to solve it everything like that the last time the market when the bear market was the financial crisis the mortgage crisis and at that time you remember people just buying everything up real estate everything they I had uber drivers owning 10 car I mean 10 houses you know I'm zero dollars down so same exact concept so I would call it I mean using word dumb money but it's uneducated money it's hyped money people that think there's a concept called the greater full theory greater full theory it means that there's another fool willing to buy some stupid crap from you higher than you and that's why people are buying this shit this is a tool of mania like you know like that million dollars worth thinking tool of back in the day right and people ask why would you buy for million bucks because there's some idiots gonna buy for 125 million next week same thing with Bitcoin why you buy in 30,000 some guys would pay 10% more in 24 hours why you buy these stocks same exactly so as a greater full theory you it's all about risk management guys to 2021 in my opinion the most important thing is risk management we make money let's keep our fucking money you only need to get rich once guys and this is where education helps I've been doing this thing for many cycles of the market like 15 to 20 years I've seen height I've seen the dot-com people thought everyone's become rich in dot-com the the NASA with the all-time high is crazy that's what next it happens five years ten years 20 years it kept on going down it still didn't go back up compared to how it was the dot-com right and so you think about these guys I made millions millions just don't know what they're doing hyped up greater full theory they blossom all back and that's why we do not want you to do you us everybody's been really blessed who are traders this year because the economy is dead right a main street small business they went out business the restaurant's all bankrupt I can't go in indoor dining that's what me and Alex are here in Miami California New Jersey New York everything shut down and we were just out at dinner yesterday we were saying how vibrant it was and how much like energy there is and people are out and about having fun but you don't see that same energy in New York you don't see the same energy in California but you know the point is guys that was right you know 2021 is the year of risk management there's a lot of opportunity coming I don't think this market in terms of action is going to slow down but I think in terms of people being able to keep their money is going to change dramatically we have so many pump and dumps is here so many garbage stocks going straight up to the moon and you know it only works so long that you just keep continuing to buy these companies buy these companies buy these companies before you know they start to reverse right and and the thing is this guys the way we teach how the strategies is consistent it works across every single market cycle be regardless of bull regardless of bear to be honest I short most of the time Alex Schwartz most of time and people think that you know I mean that when stocks go down is easier for us to short no when stocks go down actually hardest for it for us to short because we want the hype so you know that's why all of these trades are making a lot of money they're waiting in timing the hype the longs are making money because they keep running up the amateur every year the uneducated gets burnt out so what happens is if you an early short and you're stubbing young risk management you get blown out just because the stock is a piece of shit doesn't mean it can't kill you first right and so the usually what happens is it goes straight up it kills all the early shorts and then it will decimate all of the chasing longs our strategy guys works across every single market we've been consistently making money every day the same way over and over you don't see us going like crazy wild swings in P&L we don't go we don't lose like millions of P&L and make it back and you know the way we do is low risk high edge realistic today I made 6,000 within the first hour Alex made what three or four thousand three grand one hour and the thing is we don't trade with million dollar accounts like other people you know we're not over here buying ten million dollars worth of Tesla we're over here trading with a thirty five thousand dollar account how straight with a thirty five thousand dollar account consistently every single day we make three thousand dollars your goal as a trader is not to make a hundred thousand dollars a day that's how you blow up your goal as a trader is to be as consistent as possible day in and day out and that's what we teach our members correct because this is we you don't have to be full-time trader guys to make shitload of money and when I shitload it's like $200 a day to me we is a shitload of money if you can consistently make $200 every day consistently low risk to me as a shitload of money that is an extra supplemental income on top of your income so you don't have to be stressing that's life-changing money guys and you know what the blueprint for a thousand dollar a day is a $200 a day if you can make $2 consistently you save the bankroll now you make it five hundred then you make a thousand then you make it two thousand then make it ten thousand it's up to you on your risk-tolerant you know like for me I mean Allison that dude making four thousand a day consistently is a million a year people think that people think that in order to make a million dollars you need to swing up and down twenty fifty thousand dollars you do not do to me to do that that's called gambling guys that's where gambling well our equity curve is like straight up you know I mean dude it's so low risk that let's say we lose today we lose four or five thousand that's not gonna wipe us out that's a realistic number you set those numbers of yourself but the key is the strategy needs to have a couple of items it needs to be proven and we've proven it works because we have you know we we've been doing the same strategy for a long time it's proven it works and number two it has to have solid risk management so that one loss cannot wipe out a year of games like some of these guys you this is not gambling guys if you want to gamble gold to Las Vegas so we're teaching you a way to make consistent supplemental income which one day I never thought it would be a full-time trader I started out I had a I have a nice engineering job I love trading I hated engineering and that started making money I started I started I'm sorry sorry guys we got an incoming call but you know I started out day trading guys a while back and I was making 300 dollars a day I mean that's it 300 bucks a day I never thought it'd be full-time trader but then my 300 be turned into 500 to a thousand next year I was making more than my job and working less amount of time like today I'll give you an example me and Bauer done trading at 10 30 we hung out from 10 30 to 11 and we're gonna be doing this YouTube live from 11 to 11 30 and then after 11 30 we're pretty much just gonna go grab lunch and enjoy our day and that is the freedom that trading affords you so I made 3 thousand about me 4,000 so call $7,000 we made and now we have the rest of the day to do whatever we want you know and that's the freedom that trading affords you yep these guys are reading down big hundred that it's not realistic guys to be honest they can make it but I but what the fuck you have four million dollars to fucking gamble real estate be made if you had four million fucking dollars you should not be subscribed to a pump and dump chat room you should be you will be smarter you know I don't see made guy with four million dollars trying to learn the day trade by joining these pump and dump programs okay you guys enough that student right I hope not what we want to do guys seriously on to 2021 I mean this has been my goal for a long time is to help educate normal day traders a guy with a million dollars ten million dollars making hundred thousand dollars a day those I don't they don't need my help they can yeah come along I mean we're not here again we can help everybody but that's but the thing is like usually those guys don't need our help right so what we want to do for 2021 guys is you know there's so many people out there getting started with day trading and what they are usually turned on by is the marketing you see guys posting Lamborghini's hundred thousand dog P&L we don't see their fucking losing the next day or that right or you don't see the fact that they're using four million to make a hundred thousand and risking five hundred thousand to do that you know those are the things so what we want to do is this guys we have a cell you can tell us we're gonna stand it maybe until Wednesday then since we're here yeah so I guess I mean about I'm gonna leave on Wednesday I just want to go back home I miss my family I miss my bed I miss my car I miss everything so it was your car I miss everything so probably what we did is we ran a promotion for Christmas time that you get your first month for half off we kind of stopped running those ads and it's really not too available yet but I mean I guess until Wednesday when we go back home we'll extend it so if you guys go to myvestonclub.com slash Xmas you guys could just access that promotion or you text Tosh Tosh you close your info yeah numbers two one three four five eight five nine nine seven do you guys have any questions for us before we wrap this up I have the YouTube chat here on my computer so we could kind of go through a quick like five five to ten minute Q&A for questions that maybe you guys have how was your 2020 what are you guys thinking for 2021 maybe some goals that you have maybe some ideas that you have for us or how to get started training right this is why we're doing this cell guys because you know what man there's a bunch of people interested in the stock market and I want them to learn the right way and not get get influenced or scammed by these guys I don't know what the fuck they're doing these guys are being trained for a year two years and what the fuck do they know right I mean they have never seen a down market guys the moment the market goes down these guys will go fucking bankrupt so hey about how much account size do you recommend some someone coming back to day trading with so in my opinion you should not even be focused about your account size right now you should be having a paper trading account for at least a month watching videos while you're paper trading and then slowly starting to dive in with let's say a $5,000 account using 100 shares max size after you are consistent with that then you can worry about getting your account bigger the problem is everyone is so eager to rush in everyone is so eager to start but you think a doctor that wants to be a doctor starts operating on his first week of medical school he has to go to school for eight years before he's allowed to operate on someone you as a day trader have to go to day trading school before you are allowed to trade live guys and that's the point so exactly I was it right so the first step is to focus on your education the dollar amount if you want really want to know is this okay it could be anything guys it could be fucking anything the reason is because it's about the process not about the P&L okay if you I mean I've seen guys grow Tom this is a rare example very rare but it's possible one of the moderators has $700 and he grew it now to six figures but it didn't do overnight he gamble he he chipped away at it $100 a day $200 a day or a year it adds up so here I'm gonna pull up something that I want to show everybody which is the Twitter which is basically you be very surprised you make $200 a day guys that's $50,000 a year $400 a day is a hundred grand a year think about it man that's it 400 bucks a day can you make 400 bucks a day hell yeah do you need a hundred thousand dollars to make $400 a day no but the pattern day trader keeps it's good in the back hundred a trader is this if you don't have $25,000 you only allow three round trips trade a week but that's fine you starting out what the fuck are you doing making 25,000 trades a week right you should be focusing on a plus setups that's what we teach right we teach the high probably said and during that time you're chipping away at the PDT you start out with $3,000 bank account I mean a trading account you imagine if you just made $500 a week guys off of that very modest goal but you're like what the fuck $500 gonna do for me $500 a week is $2,000 a month is 24,000 a year so during that year not are you only learning to become a consistently profitable trader you are now bankroll for the next year so that you can become over PDT you see how that works so it doesn't work why are you coming in with a giant account and trying to muscle this no because most people I do that are uneducated they will lose as straight up gambling okay so start with small size learn first and then over time you know you will break the PDT yep so let me go to another question is do you guys have any exciting plans for 2021 so we're actually working on a lot of stuff guys that we really can't reveal yet but probably Q1 of 2021 we're gonna have a really exciting announcement we're gonna be partnering with a bunch of people we have a lot of cool things coming so we want to 2021 help the new trader guys that's our thing I mean I've seen I mean I've been trained for a long time I was been training out for a while now too and so we are not one of the leaders that only wants to hang out with the top million-dollar traders right so well so I my whole thing is I told myself when I made it go to food made it I'll go back and help you know the new guys because no one helped us me when I started you know Alex fortune got help with it not really as well I mean who the fuck is gonna help a guy that's $500 right you know so so 2021 we are going to help all of you new guys that have been overlooked okay because what we want to do eventually guys I'm telling you right now college is expensive man hundreds of thousands of dollars we are making more than doctor we have doctors in MIC guys who want to give up become a doctor they spent fucking their whole lives millions of dollars of fucking training education they go back I'm so sick of being a doctor I make so much more fucking less stressful as a fucking day trader yeah they don't have the the anxiety being sued because you know they operated wrong or something so that's a fact and so we're here that's why we're doing these promos so this promo ends on Wednesday guys take advantage of $97 Tex Tosh came in so how do you guys compare yourself with other gurus that have a hundred K days regularly well number one is you these gurus have four or five million dollar accounts what me and bow try to show you guys is something that is replicable something that you could repeat as something that is easy to do we trade to show you guys what is possible right I don't know about you but I don't think any of you guys have five million dollars to trade but so that is the fallacy of seeing these big numbers you guys forget that you need millions and millions of dollars to make this happen so if you're seeing these six-figure days every day that for you is not repeatable what we do is repeatable by every single person that's why we preach and to be honest I used to make that money when I had a four million dollar account about because they were one for four million in four hours I don't think any of those guys even touch that but that's not the point the point is I'm not here to sell you a dream when I when you see that shit there's two ways of interpreting oh motivation or bullshit bullshit bullshit can I do this I don't give a fuck how much me and Alex make serious how I care about what my members make what M.I.C. members make and that's why you go to our Instagram account my best club at Instagram you will see all the testimonials do you see these guys making $100,000 $200,000 today have any fucking testimonials except people blowing up fuck man who gives a fuck how much they make if they cannot have a system they have no process guys because what happens is this I'm telling right now man this is a fucking awesome we created a fucking process and Alex learned the process it got mept or he's fucking became profitable consistently proper now other moderates our moderates are homegrown at M.I.C. they came in not knowing anything about training or they came in as a bad trader an inconsistent trader now they're consistent following our systematic repeatable process and that's the whole point with our process of course I can make a hundred million dollars if I had billion dollars you know shit like that I mean the point is that's not the point the point is that you want to grow what's your account size my account size today on this account was like 46,000 I mean he's looking like a percentage wise I mean I'm not risking a much money to make a million bucks a year don't get fucking caught up in this lifestyle bullshit ask them are there other members who the fuck the other members making that kind of money in their room no one no one you never see them post a single testimonial guys you know don't be fucking a sucker man testimonials are very important this is why hardly anybody even has a testimonial they're not on fucking YouTube live they're not on Instagram live is what's gonna happen they're gonna get on and all the comments when you scab me you scab me you fucking you got all my money you you have no risk management you blew me up you you pump and dump the stock to me they would not dare no one dares go live guys unless they're legit and Alex and I go live every week for the single week bro for the past two and a half years and we walk around in public we have meet us and so that's my thing to you guys fuck the money once see the big money I'll show you giant pianos but doesn't help you how the fuck does me make a hundred thousand dollars gonna help you unless I could teach you to do that let me take one more question and then we're gonna we have 418 people watching that's good Alex finally people finally people listening man they're not falling for this get rich quick shit I'm telling you guys get rich quick is gambling I'm not here to teach you guys gambling guys I want you guys to learn we we are the ones that don't work guys don't get on a microphone and post our positions and pump our position these guys if they can't teach you how to do it I'll tell you right now dude this is a very important listening the system works it's Alice and I don't even need to tell each other where we enter and exit we know where to enter and exit our members know when to enter and exit our charts resemble our members charts without us you having a go on a microphone and that is the secret guys the secret I repeatable systematic process everyone laugh when we first started brother they said process this process that now everyone claims that they were talking about the process for 25 years no dude they laugh at everything they know we we simplified it so that everybody can trade if you take a look at these guys if they're talking big words and they think that man if they're bragging about the money they're probably poor if they brag about their intelligence they're dumb as shit you know just just be smart guys and I'm telling you about the best way to do is like testimonials think about like before you fucking buy product on Amazon you read the reviews log or fake to don't be careful but you know you do reviews or whatever you do the same thing and how do you review find real testimonials from real members okay where are the testimonials when these guys that's all I gotta say and I'm telling you right now man we don't want to pump we don't alert if you're if their shit work why do you get a microphone why do they need a microphone I think that's it guys so we're gonna wrap it up we're probably going to have some lunch we're gonna go enjoy our last days in Miami and if you guys have any questions feel free to text Tosh feel free to leave a comment leave a like and we'll take it from there guys so thank you thank you