 Normally, I do the YouTube lives on Mondays. I did one yesterday, but today, Bow is flying back home. So I said, you know what? Rather than having no content for the day, I'll come on here for some short lessons. So number one is yesterday. On yesterday's video, I did something special, and I said that if you comment a lesson from yesterday's video, I'm going to pick someone to win the accelerator course, and I picked someone yesterday. His name is Kevin, so he's all set up with the accelerator course. It looks like you guys really, really like that. So I'm going to do the same thing for today's video. So on today's video, comment on the video, not in the live chat, one lesson that you learned from the video. You could comment as many lessons as you want for more runnings into the contest, and I will pick someone else to win the accelerator course again today. So that's going to be a special gift for everyone watching and attending this video. So let's talk about stock stays. So again, guys, every single day that I come into the market, I really don't know what I'm going to trade, right? I wake up in the morning, I look at the top percentage gainers of the day, I start doing my research, and I take it from there. And today it started off with one stock, two, three, four, five, so it started off with one stock moving, and as the day progressed, as the morning progressed, more stocks came up. So the top stock of the day was EARS today, E-A-R-S. So this was a stock that I think had a rehashed PR, or the PR was old, or something, some bullshit like that. So the stock started trending lower, lower, lower pre-market. And I think mid pre-market around 9 AM, they threw out another PR, and that other PR sold off as well. So EARS was a top contender for trade today. Pre-market, I took a very small short, I took a starter short pre-market under VWAP when I thought it was broken, and I never really got a chance to add. So that was kind of just a scratch trade. Other stocks that we're moving today were PED, PED was a chatroom pump. This stock was pumped, I think, all the way up to 350 pre-market, and I tried to go long on it actually. So when it hit the VWAP level, I borrowed that VWAP at like 330 or something like that. I have the chart in MIC, and I ended up selling it for break even. So what I'm trying to do in this market now, guys, is whenever I see a hot chick, whenever I identify a hot chick on the day, I'm at least trying on the first bounce to at least go long with some starter size. So if my max size on shorts is 5,000 because I am confident, my max size on longs is 500 shares because I'm still trying to adapt, I'm still trying to get better, and I'm still not comfortable using much size on these long setups. So now these days, I identify the hot chick, I wait for it to dip ideally towards VWAP, I buy it, and if it goes up, I sell it. If it doesn't, I sell it for break even. So today on PED, I tried the long, sold it for break even. I tried, after that, I started Tank Tank Tank, and basically what I was waiting for on that was I was waiting for the whole and a half dollar marks to bounce in the morning. So realistically, we didn't really bounce towards any whole or half dollar marks. So as soon as the market opened, I shorted the half dollar mark at 250 with a starter size and I covered basically at 2 bucks. And then you could see that there was a range that was being built. The range that was being built was around, I think it was about 210 and 190. Every time it went to 210, I shorted, every time it went to 190, I covered. Every time it went to 210, I shorted, every time it went to 190, I covered. This is called line-to-line trading. This is what Bounce specializes in. So PED was basically the one that paid the bills. I had five or six scouts on it, $0.10 each, which added up to $0.60 a share. So as you know, it is very difficult to make $0.60 a share on one trade, but making $0.10 a share six times is significantly, significantly easier. So PED was kind of the one that paid out the most. Yes, channel trading, guys, channel trading. So that was Ears, that was PED. Now we had a different stock on the day, MDGS. MDGS was a hot chick of the day as well. It traded early pre-market about 10 or 20 million shares. So these days pre-market, if a stock is trading five to 10 million shares, it has the potential to be a hot chick. These stocks are hot, these stocks are getting attention, these stocks are the ones that people are looking at. So the same thing I did on PED on MDGS, I did the same. So for example, MDGS, we identified the hot chick of the day. So as soon as it went to VWAP, I think around 325, 326 is when I took a starter long with a 320 stop and I sold 330, 340, 350. So I actually made about like 20 cents overall going long. So again, I'm identifying the hot chick, I'm waiting for it to dip down to VWAP to find support. If it finds support, I'm buying it for that flip, right? Every single day, we're identifying the hot chicks, we're saying these are the hot chicks, we know which ones, we're recognizing them. So why am I sitting on my ass and not even trading them? Let me at least take some starters. Let me at least test it out and now let me build and refine a process to at least make me some more money on the long side, to look to go short. The problem with MDGS today was this guys, PED tanked out of the open and ears tanked out of the open. And here we have MDGS, which was a hot chick of the day, right? So what ended up happening is this became a very crowded stock. Now what does it mean when a stock is crowded? It could be crowded to the short side, it could be crowded to the long side, right? Most of the time, if a stock is easy to borrow, it becomes crowded to the short side because everyone is shorting it. Most of the time, if a stock is hard to borrow and the locate is not available, it becomes crowded to the long side, right? So, excuse me. So today on MDGS, we had so much volume, so much volume, so much volume, so much churn churn churn, that all we did is identify our levels, right? So on MDGS, what I was looking at was the pre-market high of the day. So the pre-market high of the day was about $365, if I remember correctly, and the low of the day was about $280, I think, $280, right? So it was kind of in this channel, right, of $360 and $280, and VWAP was right in the middle. So we have something, guys, an MIC called the 30% rule. The 30% rule is something that me and Dr. Brett Steenbarger, who was my trading coach, came up with together based on my trading. So the 30% rule says that if the stock is above VWAP, I am only allowed to use 30% of my max size. If the stock is under VWAP and signaling downside, I am allowed to use that full 100%. So MDGS was kind of hovering around VWAP up, down, up, down, up, down. So I said, I'm not using more than 30% size. So in MIC, we guide the members, right? We help the members. We don't do any pumps. We don't do any alerts. We guide the members. Basically telling the members that I am 30% size on MDGS and my stop is 365. Either I'm going to cover at 365 for a loss on 30% of my size, or if the stock goes under 280 and tells me that it is broken, I am going to bull those in the rest of my 70% size. So what ended up happening is it really never, in the morning before 10.30, it never really broke the pre-market hype. They start to go down, go down, and go down, and I have a rule. If no matter what, at 10.30 AM on the dot, I clear out my positions. This is my equivalent of walking away at the casino table after I am up. So even if I'm up or even if I'm down, I have an alarm on my phone that says, 10.30 walk away, you dumb fuck, because based on my trading, I have realized that I start to lose money after 10.30 in the morning, right? So the stock never really broke 280. It never really broke 360 before 10.30. So I say, you know what? I'm just going to get out and call it a day, right? So yesterday I had a red day of about $1,000, and today I made about $2,000, right? So the key, again, one more lesson is that you need to make sure that your red days are nothing more than one day of your green day. So if you average $1,000 a day, your max loss on the day should be nothing more than $1,000. We do this because it helps with your confidence. It helps with your mentality, and it is very easy to make a day's worth of work back rather than a week's worth of work, right? So if my daily average is $5,000 a day that I make, and I only lose $1,000 a day, that's risk management. That's going to keep me in the game long term. That's going to make sure that my losses never exceed my winners, right? So I lost $1,000 yesterday, made back $2,000 today. So that one lesson of risk management could essentially pay for six months of your MIC membership, right? So that's number one. So now what happened after MDGS? What happened at 1030, right? So MIC, Bao and I have created something called the zombie rule, right? And Bao and I created the zombie rule based on our own trading, right? So Bao and I have been trading for a very long time, and we realized that we would make money every single day in the morning. And the longer we stayed in front of the screens, the longer we stayed in front of the market, somehow, some way, we were just bleeding out money every single time, right? And after years of this happening, we observe that something happens at 1030 in the morning, right? This is something that we have created, or something that we have observed and coined and created. So what happens after 1030 is this, guys. The volume shrinks, right? Between 9.30 a.m. and 10.30 a.m., we have the most amount of volume happening because there is the most amount of market participants, right? So after 1030 is when the humans, the human traders start to slow down and go to launch and walk away, and the robots take control. So what happens is the volume shrinks, and shrinks, and shrinks, and shrinks, and shrinks by 1030 that all these robots need to do is put a burst of volume and they could start to rebound these stocks, right? So zombie is a dead thing that comes back alive. A zombie move is a dead stock that comes back to life because of these low-volume chops that these algos are doing. So we observe this, we realize it, and now we have a process around it. So at 1030 on the dot, no matter what, I cut off my trading. I've been doing this for years, and it has been the secret weapon to my trading, right? And it has been the secret weapon to making our members be consistent, right? Because usually what happens is this, either A, you're up in the morning, you get too confident, and you start trading random shit, you get back to the day. B, you're red on the day, you're pissed, and you start trading random shit to try to make it back, and you get yourself in a bigger hole. So the 1030 rule, the zombie rule, is our way of walking away from the table, right? So what happened at MDGS at 1030, right? So at 1030, every single person walked away, they felt comfortable, the stock is dead, I'm gonna size in, I'm gonna pile in, blah, blah, blah. At 1030, the volume shrunk, a burst of volume came in, a burst of volume came in, and shorts started tripping over each other at a cover. Someone's stop loss went up at 320, and then 350, then 350, 360, 370, 380, and boom, you get a move above pre-market highs. So what did we say at the beginning of this video, right? What did we say at the beginning of this video? If the stock breaks pre-market high of 365, it is not as short you get the fuck out. So the zombie move triggered a domino effect, which caused everyone that was short to be stuck. And this is 1030 Eastern time, market time, all the times I'm giving is market time, not Asia time, not fucking Korea time, not California time, stock market time, right? So the lesson today, guys, is the importance of the zombie rule, right? I am green today because I walked away at zombie times. Had I overstayed, had I broken the rule, had I stayed past 1030, I would have had another fucking red day, guys. So today's lesson is to respect the rules, to respect the process, right? It took years of losses from me and Bao to learn the zombie rule. It took years of losses for us to have this observation. And here we are, even if you are on day one of your training, you are learning a rule that costs me about hundreds of thousands of dollars to learn, guys. And this is why MIC is so important. Our tagline is mentorship is the shortcut to success. Trading is very difficult. It is not easy, right? Because the problem is people don't know the strategies. People don't know what to do. Bao and I created the strategies. We've been doing this for a very long time that now by joining MIC, you do not have to pay those expensive lessons to learn the zombie rule. You don't have to pay these expensive lessons to learn what strategies work. We have the strategies. We have the rules. We have the process. You are joining MIC to shorten your learning curve, to have a mentor who is a profitable trader and to have a community of 1,500 other traders that are in this together, that want to learn together, guys. So do you guys see the value that I am talking about? Every single day, Bao and I are here mentoring you, mentoring the members, trying to help members understand what is really going on in this market, right? If I knew the zombie rule, when I first started training, I would find consistency so much quicker. But back when I started training, MIC didn't exist. I didn't have a mentor until I met Bao. The only way that I could learn was to lose money. It's like saying, imagine you want to be a doctor, right? And doctor school means that you operate on living humans until you figure it out. That's not the way it works, right? That's not the way it works. First, you go to school, you operate on dead bodies or whatever it is, you operate on rats or, and then you move on to humans after you find that the process works, right? So for me, as a trader, I want to learn from a mentor that is a consistently profitable trader. Here I am every single day showing you my process. Here I am every single day showing what is working and what isn't working. Yesterday, I lost money. Today I made money. What was the difference between yesterday? What was the difference between today? What am I doing differently, right? So this is why you need a community. This is why you need a mentor and this is why MIC is so special. We consider ourselves the Harvard of trading schools, right? If you want to be successful on anything, you need to be educated. You need to go to school. You know what happens all the time that Bao gets? He gets DMs from guys to say, hey, I joined this challenge program for $6,000 and the mentor never responded to my DMs. Hey, I joined this pro starter course for $4,000 and I lost all my money on pump and dumps. Now I have no more money and I can't afford the $200 of MIC. Can you please give me a discount? And you know what we say? Are you fucking stupid? Are you stupid? You lose all your money getting scammed. You lose all your money looking for the bullshit shortcut and then you come to us and beg us, beg us for a discount, right? Beg us for a discount on an already discounted price, right? MIC is $6 a day, guys, $6 a day. And anytime I get someone that DMs me and says, hey, man, I joined the scammer. I joined the pump and dumps. I joined the challenge program. I lost money. Can you please give me a discount? I just ignore them because I have no time for these lazy people, man. I have so much other that I need to help that are truly looking to be help, truly looking to be mentored that all of these lazy people, I just really don't even care anymore, man. I have no time for it. I'm way too busy day as it is helping members, training, making these videos, doing these webinars. I got no time for these lazy people. So my advice to you is never judge a community based on the people that are running it. You have to judge a community based on the fact that are the members learning and are the members being profitable? I see people on Twitter making and losing millions of dollars a day. I see people on Instagram, people on YouTube making 100K a day pumping, pumping, pumping. All of their members are blowing up. Every single one of their members are blowing up, yet they are making so much money. There are members in MIC that are making consistently way more money than me and that makes me proud because it shows that the MIC process works, guys. And do you see that? I am able to literally, literally leave New Jersey on a whim, fly to Miami, buy a computer in Miami, trade in Miami, and still have the ability to come here and mentor you guys. On Saturday, we had a meetup in Miami. You literally could meet me and bow in person for free. Hey, you know what happened at these meetups? Hey man, I bought this program. It was $6,000 for the year and I lost all my money and I just joined MIC for 200 bucks and I cannot believe the value you guys are providing, right? So again, guys, judge a community based on the success that the members have, not the success that me and bow have, right? We are great traders, right? That's, sure, we're great traders, but the best part is that our trades are repeatable. You cannot repeat these bullshit on the guys on Twitter are doing. You cannot repeat the YouTube pumps that these guys are doing, but the MIC process is repeatable and that is why most of the traders that joined MIC that put in the work find consistency, guys, and that is what I want to talk about. So let's open it up to a brief Q&A and remember, comment one lesson that you learned from this video for a chance to win the accelerated course, right? You could have as much entries as you want. I don't really give a shit, but please just let it be another lesson. Don't let it be spam, right? So that's it, guys. So let's open it up to a brief Q&A right now and we will take it from there, guys. I scroll a little bit. Yeah, guys, I am not a full-time trader. I trade for one hour a day and I'm up over, I think I did the math. I'm up like $1.2 million a year now. I made more money than even before, so I'm doing pretty well for trading one hour a day. Hey, Alex, can you tell me why you were not interested in SOS and Lizzie? That is because they did not pop to my line enough. Why do I think many tops are happening pretty market-lately? Because I think there's a lot of chasers in this market that are just buying at any fucking cost. They are not educated. They got no idea what they're doing. They just close their eyes and buy, and that usually leads to a lot of amateur traders causing the tops on these stocks. What scanner do I use? In my six and a half years of trading, I have never paid for a scanner once. Val posts his scanner every single day for members. So if you are paying for a scanner, you are clueless. Join MIC with that scanner money. Miss the meetup due to COVID, any idea when the next one will be. So as the COVID restrictions end, guys, we will be opening up more meetups. So additionally, something that I mentioned in yesterday's YouTube Live is we are now going to have meetup ambassadors. So if you are an MIC lifetime member, DM me, DM Oliver, and we would like for you to host a meetup in your own local area, and MIC will sponsor the meetup. So if you are a lifetime member and would like to be an ambassador for meetups in your local area, hit us up and we will set it up for you guys. And as the meetups continue, I'm sure Bao and I will also be showing up to those meetups as well. So brief Q and A, guys, and then I'm going to wrap it up because I'm very, very tired today. I don't usually do these YouTube Lives on Tuesdays. Bao does it. So I'm kind of caught off guard, but I just don't want to be able to provide value for you guys. So what am I doing on a daily, weekly, and monthly basis to improve my trading? That is a fantastic question. So what I do these days, guys, is because I have refined my process so well, because I have kind of been in the game and have so much screen time, all I do is just kind of keep it going, right? So I watch all the videos before they are posted. A lot of people didn't believe that. So what happens is before the videos go into the video library, the moderators send me the videos for approval, I watch all the videos, and then if they are approved, I put them in the video library. If they're not, they don't. So what I've been doing these days is just maintaining that by just staying consistent and watching all the videos. So if me, Alex, who makes a million dollars a year, trades for one hour a day is watching all the videos, you have absolutely no excuse not to watch these videos, guys. Additionally, we also ran a special promotion during the Miami Meetup. We opened it up to everyone that was at the Miami Meetup, and I spoke to Bao, and I really didn't want to open it up to anyone else, but he said to open it up for the viewers on YouTube. So for the first, again, 10 people at Textosh Miami at 213-458-5997, we will have a special promotion for you. All right, let's go through these questions, and let's wrap it up. Sometimes locates are over 20 cents a share. Is that too expensive? My thing is this, guys, I only locate a stock if I know I can make more than the locate fee. If a stock locates 20 cents, and I know I'm not gonna make 20 cents, I'm not gonna locate it. But other times, a locate fee is $1, but I know I'm gonna make probably $5 a share on it, so I'm gonna take it. It all depends on the setup, guys. If you can make more than the locate fee, you should be locating it. If not, you shouldn't be touching it. And for me personally, I like to locate starters only, just in case I don't use them, unless I am very confident that I'm going to trade that stock on the day. Let me show you guys my setup that I'm working with in Miami right now. So this is the view. Actually, maybe I shouldn't show you guys too much of it because maybe you'll know where I'm staying. This is my trading setup from Best Buy. I got no clue what the specs are. I just bought the cheapest computer they had. This is trading setup that I'm using. I have no mouse pad, so I'm using a piece of cardboard. Welcome to fucking trading. And yeah. So that's basically it, guys. I am probably going to wrap it up for the day. Thank you for everyone that was attending, and I will see you guys back in the room. Thanks.