 For those of you that don't know me and Bao put together a free two-hour trading course for the brand-new trader This is basically a two-hour introduction into the world of trading some setups that we use some of our history If you are a brand-new trader, this is kind of your crash course into trading. It's completely free. No strings attached We basically create this because we get too many questions and this is kind of a way to make it easier for us So that's available at my investing club.co.co There's limited seating every single week. So please reserve your spot Number two is if you don't know, we're having a holiday sale until December 31st The price of annual is cut by 200 and the price of lifetime is cut by a thousand We're basically raising prices after December. We're raising prices from the monthly from 179 to 199 We're raising the price of annual from 1790 to 1990 All current members will be grandfathered in so you have to sign up before December 31st to lock in your prices because after we are confirmed raising prices We've given everyone over a year to lock in their prices. We give too much value too much education all the DVDs for free We don't upsell. We don't upcharge. So it's only fair that we kind of raise our prices. So Let's talk about yesterday, right? So if you did not watch yesterday's video I highly highly highly suggest that you watch yesterday's video. So by the end of the video yesterday, I Got pulled over I got pulled over for walking and this is kind of a crazy scenario because I walk down my street every single Maybe three three four times a week, right? One of the times or two of the times I recorded the other two I do it for myself to relax So I walk the same exact trail every single time. I don't change it. I don't adjust it I do the same thing. I'm a man of routine. I'm a man of consistency. I like doing the same shit over and over again That's repeatable. I fall the same trail every single time. So As I was ending my Instagram live yesterday a cop rolled up on me and his lights and he rolled up on me And I thought nothing of it because I was doing nothing I then his lights went off and then I'm like am I getting pulled over like I'm thinking about so what the hell did I just do? So he pulls he pulls me over and he's like, hey, what are you doing? I'm like, I'm making a live video. He's like, oh, you are and I'm like, yeah Do you want to say hi and he was like, no, no, you're right. Maybe I fucked up I shouldn't have asked him just being really nice And he's like, where do you live? And I'm like, I live right here. He's like, do you have your ID with you? And I didn't have my idea with me who takes their ID when they go on a walk around their own town, right? so I Bring I'm like, but you could follow me back to my house and I'll show you my ID. No problem like no problem So as we're pulling back to my house fucking backup comes right back up comes There's four cop cars now at my house. My neighbor Sal is bugging out looking at me like a psychopath Because I have four cops at the house like hey Sal was up very very calm very chill And then basically they come All the cops there's like eight cops at my house now the entire police force is at my house and I go inside and I go get my wallet to go get show my ID While they're at my house to look at the cars in the garage and they're big car guys So we start talking cars I hand one of the cops my ID the other seven I'm talking to about cars Like what rims do you have and you have the acrobatic exhaust like do this that you drop it this that so we're talking We're bullshitting cars and then The long story short of it was that one of my neighbors that I guess thought something was sketchy Called the cops and said that there was a suspicious person walking outside with a selfie stick and To me I don't think I was doing anything suspicious I was just walking outside my normal walking routine literally looking at the camera pointing the camera at myself Just talking, but I guess I don't know what the hell happened. I mean people call the cops on everyone I mean, I don't really get it, but I don't think it's a crime to be suspicious I don't think it's a crime to walk in my own town But the cops are very respectful. They were really nice as soon as I told them that I make YouTube videos And I'm a day trader and I do this I try to get outside to get some exercise They totally understood so now the entire police force knows me I was actually thinking about dropping off doughnuts to them today Just to kind of be respectful and nice, but the truth of the matter is man like They shouldn't have even fucking asked me for my ID like I get it You're trying to be safe and I get that calling in the suspicious person is fine But bro if they're calling me in because I have a fucking beard. That's fucked up, man That's fucked up. I don't look fucking suspicious. I'm not doing anything fucking sketchy yet Some fucking neighbor thought I was doing something crazy Where were they the entire time that I was walking every single day doing the same shit over and over again in the summer It's just crazy man. It's just crazy I've never heard someone call a fucking call the cops on a guy with a selfie stick walking around his own town But hey man, it is what it is and I get it and I'm not it is I'd rather I'd rather be safe and sorry I got nothing to hide nothing to do, but it's cool. So as Soon as I come home and as soon as I come home, I get I said I try Making my parents freak out a little bit. I sent them the picture and I'm like, hey You got to pick me up for the police station. I got into some trouble I had my cousin text me because he saw it on Instagram my grandma called me today She's like, I don't speak English, but I saw the YouTube thumbnail what the hell happened So it's kind of funny man It's funny that that type of stuff those kind of videos are the ones that people want to watch Yet when you're giving them all the gold and all the trading advice for free They don't give a shit man. That's what really blows my mind about this whole scenario, right? The whole thing that blows my mind is because I had the police in my thumbnail because I had the cops in the title We got almost double or triple the amount of normal views that we get on a video yet When we give actual solid trading advice when we give you ways that you can make more money for yourself When we give you the key to financial freedom, no one gives a fuck and that I thought was funny How the world works like that so I mean it was just a funny experience. I'm glad the cops were Respectful. I know every single one on the force now I'm gonna try to get them into trading maybe give them a lifetime membership if I can but hey It is what it is and that's kind of how the world works people care more about drama than they do education So it is what it is As for trading today and some advice We talk about this tub that we talk about this we talk about this subject a lot, right? And that's slow trading days because the truth of the matter is this What a lot of people think is like just because you show up to the market just because you're at your desk Means that you are obligated to trade you are obligated to make money You have to do something or your days waste and I'm the type of person that hates missing opportunity If there is an opportunity in front of me, I want to take advantage of it. It's just the way I was raised It's the way I was born. I don't like wasting opportunity So whenever I see whenever I'm at the desk, I feel like I have to trade even if I'm not trading I want to sit there and learn and that's where shit gets dangerous, right? That's where shit gets really sketchy. So for example in the morning in the morning When there are no plays or when it is slow We oftentimes try to go and look for plays just for the sake of getting our daily fix So after a while, I don't know what you guys will understand this eventually After a while trading becomes fun right trading becomes fun It's supposed to be fun once you understand the process and once you know how to make money. It's fun, right? So after a certain time you start chasing that high you start chasing having that fun you start chasing The ability to make a plan and be right after a certain point the money stops mattering You don't do it for the money anymore. You do it for the drug of it, right? You do it for the fun of it So someone like bow who's been trading for 20 years that has more money than God Does this because he loves it and oftentimes when you have a lot of money? That is the easiest way to lose the money because you don't manage your risk properly. So today when bow Came back to trade because now is an Asia for his birthday. He's all around Japan and Vietnam so whenever he came back today after like two weeks of not trading and What I told him is like bro take it slow remember our process put your fantasy orders out You are itching to trade you are horny for a trade You will force a trade if you don't see it and what he did right today, man was he put his fantasy orders He didn't make much money, but that was in the point the point was that he stuck to his process So my advice to you guys on slow trading days is this Recognize that a slow trading day is not a day to make money a slow trading day as a day to go back and study Watch more videos educate yourself educate yourself educate yourself so that when the market does pick up When it does get hot again that you have the best chances to succeed If the market is slow sit there and watch the fucking charts form if the market is slow Pull up about trading recap video and watch it in the background while you're watching the tape When the market is slow reach out to Tosh or Austin for a trader call when the market is slow Talk to your tab about how to improve your process just because the day is slow in the market doesn't mean that you have no work to do It just means that you have no trades to take so use that Extra time that you have to improve your process right every single day I tell you guys that when I'm done with these live videos I recap the video from the day before I reread the commentary from the day before I watch an old daily recap video because Just like any good movie or just like any good workout the more you do it The more you see it the more little nuances you will pick up and the better you will get the more times you watch the Avengers movies Or any of these movies like Inception or interstellar the more details you find in them The more times you watch a superhero movie the more times you are connected to the character the more you understand the story So think of that as trading right The more time you have to study and study and rewatch and redo this stuff the better chances are giving yourself success And the point of this video is to kind of remind you guys that when it is slow, man When it is fucking slow, it is dangerous There's there's countless days right countless days that I lost money on Slow days because I went and decided to trade a large cap instead I went and decided to go long instead and that doesn't mean that you could you can't expand your playbook But what I was doing wrong is I was using my normal size on these setups that did not fit my niche right, so What I suggest doing on these slow days is spending an extra time to study Spending extra time to improve your process because the truth of the matter is it is gonna The more he goes in cycles, it's gonna heat up again, right? It's gonna heat up again So when it's heating up, you might as well be in practice You better be in the best mental shape so that when the opportunity does come that you have the ability to capitalize The best way possible so again Understand that these little nuances are what's important understand that trading is mental It's a mental game. You could learn the technicals. You could learn how to read filings You could read charts, but unless you understand this part of it unless you understand how to control greed unless you understand How to control formal unless you understand what to do Then you cannot find success and that's the process that we give you at MISC We teach you how to risk manage. We teach you how to control your formal We teach you how to make a plan. We teach you the process. We give you a training accountability, buddy We are giving you every single resource that you need to be successful It is up to you now to put in the work the best example that I always give Someone like James or Michael Tran who literally literally watches every single video is a part of every single Instagram live Is a part of every single webinar is a part of every single Q&A and the reason why these guys have found success Is because they've been resilient enough and they've put in enough work to prove to themselves that they want it bad enough Right and that's what it always comes down to people always ask me what separated was separate and I said I wanted it bad I wanted so fucking bad that I didn't go out. I didn't meet any girls I didn't do anything. I made this my entire life for the past three four years So I could live the next fucking 30 40 years for free walking outside in the rain Doing whatever I want getting a steak dinner traveling whatever I want I have the ability to do whatever I want now working one hour a day, right? And I had to study 15 hours a day Every single day to learn how to only work one hour a day. You guys understand that Any questions? God again, let's make this interactive. So ask me your questions and we'll run through it Is it usually in slow in December? Yes It's usually hot as fuck in November and then December slows down and then picks up again in January There's something called like the January effect where a lot of stocks or a lot of stocks sell off in December and Ramp back in January they sell off in December for the tax savings and they get bought back up in January So we have usually massive runners in January that come so spend your time in December studying studying study Maybe what you should do is look up black swan in the video library or look up short squeeze in the video library and Study up on these short squeeze to learn how to trade them even better What are my goals for training in the new year? Wow fucking great question great fucking question Let's think about it. So number one is Being more religious with the zombie time, right? So I stick to it very well, but I want to be more religious with it Number two is I want to be able to expand my playbook and go long So I want to be able to develop a criteria and set up an edge that involves going long stocks I have a float under a million shares I mean I'm a float under a million right so that's something that I want to work on and I did okay with it a couple I think couple of weeks ago when I went long some stock at like four dollars I can't remember but What I'm trying to do is I'm always trying to improve right my shorting playbook is flawless I think I think I have an exact process. I know how to make money I'm consistently profitable as a short seller now what my goal is I see these moves at BPTH and Aqxp and I want to be able to at least take advantage of one dollar a share on this $30 share ramp that it gets and What I want to do is be able to develop a criteria and develop an edge to trade those so coming into 2020 I want to try to find more setups to go long. I want to try to go long more during zombie times I want to try to Improve my exercise routine I want to get to the gym more and develop a criteria like that Because my biggest problem as a trader is I'm at the desk all day man I am feeling myself getting fat I eat unhealthy and I eat unhealthy because I eat out all the time because I could afford to do that So I want to be able to create a process to get back into the gym because I want to keep improving man just because I am Doing good financially doesn't mean I should be letting my body go to waste as well You know health is your wealth and I want to be able to take care of that as well sets and goals coming into the new year Other than that I mean just a bunch of smaller things like Making sure that I spent more time with my family, but for trading stuff. I want to be able to Recognize that less is more man less is more. I don't really use much size anymore. I use maybe Some days I use a thousand shares some days. I use five thousand shares I'm focused on being consistent and I want to show you guys that even someone at my level Who's been doing this for six years who's made so much money could still be humble enough to recognize that day is slow And I don't have to trade. I don't have to trade No trades today. No fucking problem Right if I set a criteria for myself and I say that I'm only allowed to trade until 1030 and there's no trades until 1030 I have no reason to trade guys. I have no reason to trade So remember this guys remember this we are Looking to only trade right. We are looking to only trade when there are Opportunities in front of us, right? That's the only time we want to trade if there is no opportunity We should not be trading if there is no edge if there is no setup We are not trading that is not our job right our job description is to make the most amount of money with the least amount Of stress trading stocks that have an edge You could not make money with no stress if you do not have a stock that has an edge Right and what you have to recognize is just because you do not trade today doesn't mean that there's gonna be no trades for ever Right. I know Brandon Brandon W and chat waits Exclusively for death lines and when the death lines come He has a 90% win rate and he fucking sizes into those they don't come every day But if they come once a week Brandon is making his weekly pay in One day because he's waiting for his setup that has an edge. So think about that for a second Right These are all examples of members who are getting it right every single member has found their own edge Right, Dave Vaughn has found an edge trading pre-market James has found an edge Scalping fucking bow has found an edge trading the channel I have found an edge scalping with size Fucking Brandon has found an edge trading death lines only so everyone is using the process that we teach at MIC to Base it on your personality, right? That's the whole point of this All right, let me just go back some questions What are my goals for MIC in 2020 to churn out more consistently profitable traders, man? It's amazing bro. It's amazing. It took me years to be consistent and members and MIC are getting it Fucking three to six months Imagine imagine working your ass off for three to six months to start making fucking five hundred two a thousand dollars a Man, I just don't get it bro. I'm telling you I'm telling you work your fucking ass off And you're gonna get it you have all the answers all the secrets every single little secret sauce you get yet People only fucking click on the videos that say trolls or cops in them Man, do I have to put fucking trolls and cops and every single one of these videos for you lazy fucks to watch it? I will if I have to I will if I have to We are giving you the secrets cuz you are getting the secrets and you rather click on the videos I have to do with the fucking cops It's that's human nature though, right? That's human nature That's how humans work. Let me show you guys my office. I don't think I'm sure you guys a couple times But I love showing it. I'm really proud of like being in here. So It's my office. So as you walk in you see the sign that says work harder This is my training setup Got my TV and Xbox here Benjamin Franklin my bamboo tree the moon that Joe got me I Have some bottles of wine and liquor and all this stuff some gifts My fridge when I had a bad day My license plate from area 51 and then my fucking $1,000 Versace robe that I never even fucking wear. That's it guys. That's it So I think I'm gonna wrap up this video keep it short and sweet If you have any questions, you could always reach out to me Remember the holiday sale is until December 31st. We are raising prices after I am having trouble finding my own edge Join MIC and learn all of our setups, bro Deathline first resistance first red day First bounce low hanging fruit Everything bro everything All right guys, I will see you later. Thanks for watching And I don't know if I'm gonna put fucking cops in this title, but please if you're watching this video Just keep watching it man. Keep fucking watching it Don't waste your time on the bullshit on YouTube learn how to fucking live your life free with some fucking free videos later