 You to learn to trade guys, which is a good thing You know Dr. Lawyers take four or five twelve years to finally learn their craft and start making money You know and you can't just put in a couple months of hard work to learn this You want to get rich overnight? You want to graduate overnight? So these these are things you have to consider guys anything That's worth it. It's not going to be an overnight success You might as well go play the Powerball the Mega Millions which I played to play like 300 bucks and lost So here I am still here If I want that Powerball or Mega Million, I still be here guys, I still be here You play wouldn't even know I won my lifestyle would not change much at all. All right guys. Let's start um One thing I want to talk about first. We start is the meetup is coming guys the meetup It's going to be the weekend of the August 19th Okay, do not miss this one. Let me let me bring it up online for you guys Let me bring it up online for you guys You go to my investing club slash meet up This is the one event out of the year. You should take off from work. Do what you need to do to come to our meetup Completely free. You do not have to be an MIC member. This is the one event of your life this year that you should attend Okay, forget Christmas with your parents Thanksgiving with your girlfriend drop everything and come to the meetup This will change your fucking life. Okay. I don't know what else to tell you guys You know, this is completely free took us a lot of money to set this up. You do not have to be a member This is our fourth year anniversary. That's why we're doing this guys Okay, fucking call it in sick do what you need to do to come here We chose Provo, which is Salt Lake City Airport, Utah because it's inexpensive Not much parting going on where we intend to help you guys meet people There's not just stocks guys. You are now meeting quality new friendships people that do that want to better their life Not just fucking hang out of bars all day. If you want to hang out bars all day, that's cool, too You can hang out with me. I'm there all night But you know what man that at least you do it with quality people that want to get ahead in life There are doctors lawyers engineers. You name it nurses professors You'd be very surprised. There's FBI agents security Policemen every sort of life wants to learn to trade stocks. This is your event you go to my investing club Dot-com meetup sign up all the information. We even have cheap hotel rooms for you Okay, all the freaking information here. Here is the agenda This is August 19th guys. Do not meet that do not miss this event Okay, you will be great for the rest of your freaking life. Well For the year anyway, that's our next meetup, which is this year, but this is a big one guys Okay, this is the big one of the year Okay, every time we go we have a huge was a Philadelphia. We did we're the only ones that do meetups around the world Thank goodness that COVID opened up that so now we can actually start doing more meetups guys You do not have to be a member. Okay Me quality freaking people meet myself meet Alex meet all the moderators. Let me take a look at the stock Let me see if I have these open by the way Okay, cool See I am still training. I'm not here pumping and dumping Stocks, you know, I love doing this guys. I love doing this. I've been doing this for a long It's the same repetitive thing over and over once you learn the fundamentals You apply it with the problem with training is this guys you there's so much to learn You don't know where to begin. So that's why you to cut the learning curve You need to join it like MIC right something like that. I mean, I'm not pumping MIC all day long sitting here trust me Man, I'll really give a damn. I'm just trying to help you guys I see so many people freaking losing man, and I'm just sitting here bored on my mind I mean, I traded let me see I traded how many stocks today here guys So here here's all the stocks I traded All for green Let's go over some of these just so the question is this guy. So you'd be trading meme stocks Sorry, my internet died or something. Okay, cool Sorry guys. So the question is will Should you trade the meme stocks dancers? Yes, or no? Yes, it depends. You know why it depends Are you long or are you a short? Let's bring up one of these stocks BBBY and AMC okay, so here's BBBY Here's AMC If you are a long Day ones are your best bet for these movers, okay? That's why I said depends everybody just wants to get in get in get in but the problem is this Okay, you have to have an edge. You have to know what your edges usually These plays have what's I call the three-day rule the first day is the pump day the first day I call it it's like the the early birds that know what what they're doing gets in so there's a So AMC started moving on Friday because of earnings all that stuff And so over the weekend what happens is the grandma see this the friends their brothers their cousins They're freaking you know their buddies you know see this and so it gaps up because there was like oh shit And AMC is going back to the moon, you know BBBY is going back to the moon And so what happens is this is why you get this gap up over the weekend weekend gappers are very strong for hype They spent all weekend humping pumping the meme stock up And that's why you get the gap and so you have and so it squeezes it squeezes And so it hits the three-day rule what I talked about three-day rules all the time This is what I talked about this for the 15 freakin years. Okay, so the first day You get the pump Then overnight the grandma see it the cousin see it they gap it up boom So what happens there's now there's nobody left to fucking buy the stock And so they squeeze out all the shorts once the shorts are usually the last ones in the stock You are not buying up here guys retail is not buying up here. You have already bought down here This is be chasing this will be the this would be like your grandma buying because she heard it from A friend who heard it from a friend who heard it from a friend, right guys But you heard it that you heard it either here or Here and then if you're dumb you hold it you hold it all the way back now you lose So the three-day rule is very simple the pup day the gap day You use this day to scale out as you know like as Most of your position and then dump the rest on day three and all day threes when shorts come in That's why I said it depends or you trade this. So this is a very difficult stock. I've actually surprised it went all the way down You know, I thought we'd linger around here. So in terms of percentage gain I skip these meme stocks what I favor for instead of the meme stocks is small caps You know, everybody has a niche guys and so my niche is to trade what I like to trade So you have stocks like ZKIN Which I have a nice average up in the 160s. I Kept adding adding 160s and now is the stocks at 120s So that's a 40 cents 40 by that that is 40 divided by 16 what that's a 25% gain on one position guys So, you know, it depends. I'm like should I focus? On You know meme stocks and I'll tell you the reason the guys so this is the thing Okay, you have to you have to ask yourself what what are you trying to accomplish if you have a million dollar account It's gonna be difficult to put a million dollars into a small cap. So that's why stocks like The meme stocks AMC that bathroom beyond those will be a more attracted to you if you want to get in with size Okay, because the liquidity there will absorb your millions of fucking shares right dollars worth of shares We're asked, you know, if you have a smaller account, this is what we're trying to teach you guys You know, I'm not trading with a million dollar account. I used to trade with four million dollar count Right, but you know now I'm trading small caps. I don't need that And so I'm it does not take much of a position to make decent money with small caps guys And so 25% across 1 2 3 4 5 6 7 stocks. I traded I traded all for for gains Okay, let's go through all the stocks. I traded all these stocks. I traded for gains today I didn't lose on a single position guys. I lost once. Let me see. So a PDM Look at this shit. Oh shit. I got in some positions. Oh shit. It's fucking. Oh, I had some open orders during the Instagram This one always gets me. Holy fuck So in the morning I short all you know, I scaled up here and I covered all the way down That's bank right there guys same thing midday. Boom. I went back to the hive day Boom covered all the way down. Let's bank again. So now I did not do maintenance and it got me. I didn't get me yet. It's it halted Let me see what the fuck it halted it halted at the top. What's this? So I This thing is blocked 5 4 this my my shit's off. Let's see 5 4 6 That's cool. Hopefully you'll go down to 1 3 5 and okay Let me just put in some open orders guys. Um I didn't do I didn't know how to open orders. That's funny That's fine. So that's a p that's a pdn It's wiped up. So small this is the problem with small cats guys. You have to wait for the outer lines So I I do this thing is so freaking broken. I started doing the IG live here I didn't know started moving up and so I started moving. I don't know. There's news or what but it's crazy It's okay. It went on news freaking crazy, dude Okay, um That's fine. So then you have b nso Look at this dog guys from six dollars and 60 cents All the way down. So another 25 gainer And then you have phase I just told you all the shit. I traded guys. Well, she has an open order that fell too So look it went up from all the way to 16 bucks Covered all the way down to 14 bucks. That's bank right there HLBZ So this is an interesting one This is the one that I actually took a loss on and look at small of a loss I took So what I did is I waited for the top guys to short And then when it popped up as I fucked this shit, I'm not gonna mess around I am going to oh shit. Let me uh, let me put some waters in a pdn What the hell? This is nuts Oh, shit. Yeah, there we go I'm gonna show you what I did guys. Hold on. Let me uh a pdn I already took some off here So these are all profit up here. I covered the ones I broke even over here Let me try that again So you see what I did guys? Look at that. Okay So I top ticked it actually You know why top ticket same freaking line from the previous video? So that we this is the magic guys All right, so I just leave it over there. So that's that's what I did guys Yeah, real time trader So I got the top Because of this previous top and this top was based upon the previous top So you have a triple top over here in the final 80 line And so if I was trading out actively so I did cover Half of the position here. So I took off the early ones So I'm writing the two positions up here guys And it goes back down here. I'm gonna cover some when it goes back down I'm just trading these small sizes for you guys They're all trading the rest of my trades guys. You got You saw this a pop in real life in real time. So that's pretty cool a pdn I've been you know two great trades in the morning guys. Look at this man All the way he cover all the way down top tick this all the way down Now it's kind of writing this. I'm hoping it It kind of crashes back fades down here. I'll cover down here I'll be set so I covered half of the thing down here So I'm already good man average is like up here somewhere because I took two off here. You see this That's pretty much scaling guys. And so that let me see what else is there So that's that stock and then we have hscs, which is a cool one. Let me take let me show you hscs I covered early So I'm all the way up here at the $3 20 line Covered all the way down to 290, which is a great percentage guys. Of course it goes down No more, but it is My internet keeps going out Fat phat at top ticks here. I'll show you how I did this So the stock is fat Look at this, man. If you're early on fat, you're dead. This thing started at $7. It's now $9 Do not have FOMO. What I do is actually waited. You see that I waited for it to top out Once fat topped out, it's tanked back down And then I reshorted the bounce at the outer resistance line Now I'm just holding it so it drops back down to around here to cover So I wanted to go back down to here to cover. That's all this play. It's simple The key is look at this do not have FOMO wait for the top to be set Signaled by a candle big candle down Okay, so that's fat. What else did that trade RETO? This one was RTEO Look at that waited not for so the first One they went up No, I'm not gonna top I'm not gonna try to top tick it because they could go to 10 bucks Who knows so I waited for it to come down and go back up And I actually actually top ticked it around 130 line Covered boom and it went down covered all the way down to one dollar. This is a 30 cent plus move Add them all up seven of these stocks guys. You don't need to make much money man Imagine you make this a few hundred bucks each one It adds up. So let's see what else is there top T1. This is the weird one. Fuck this one up Can't be perfect. I top tick top The reason I top ticked this my IG keeps going in and out Is it okay? Let me know if it's okay for you guys It keeps stalling it keeps Going in and out my hg. I got a new phone and my phone's off the jacked up But anyways, I top tick top using the line from this morning pre-market Covered I this some weird fast finger. I did so I covered all the way down here We shorted up at the 20 dollar line cover the 19 dollar line Then the fucking bottom falls out to 13 bucks. I think it's offering some shit. I fucked up this stock, man Fuck I had the top man of top You know, what can you do? What can you do right? What can you do? And then the last one z-kin Oh, yeah, I think I told you about this already So these all add up guys. I made all money on all these stocks Is the same process. So you asked me Should I be trading the meme stocks if I trade the meme stocks a couple things will happen guys So this is part of the trading that you need to it's called stock selection So depending on your objective your your account size, whatever it may be your niche, right? My niche has been to trade these freaking five of these stocks They all add up make money on each one because they're you know, I'm not trading the hottest stock of the day The hardest ones are the meme stocks Hardest ones of the day Hedge ones are running them wall street guys are running them the eight guys diamond hands. You know, it's so difficult, right? So the only way you do that is if you time it right if you're a short seller You have to wait for the day three Day fucking three or day two and nail and bail right guys day one. They're gonna fucking kill you Um, and so think about this. I've traded seven fucking stocks all green You know You can do it too, right? So basically stock selection Um, if you have a giant ass account big ass account, uh, buy it all means right these fucking mean stocks Is that's the only way you get a million dollar position, right? It's very difficult to get a million dollar position Of a stock like top because it's too illiquid, but you get a couple thousand shares You know, they fucking two points three points, you know, and then you have five other stocks that do that You know, so basically what you do this you factor in The attention span I could do these stocks in my sleep. I said what's called fantasy orders But for meme stocks I have to focus on them. You turn around they're fucking all over the fucking place Right, they'll they'll stop out. They'll hunt your stops and all that stuff So, you know, so in terms of should I be trading meme stocks? It's up to you But if you do trade meme stocks, you must understand these rules that we've been doing for 20 years The three day rules know which days to get in as a long and which days to get in as a short seller And so these are the things that you learn Not on your own guys if you're gonna go bankrupt before you learn this shit, right You're you're gonna have to I mean, this is why people are stupid as fuck to say they can learn everything online Bullshit the people that post a shit online. They don't know what the fuck they're doing You know, there's a reason why we charge money because this is valuable information I'm we're not going to give the shelf for free at it. I gave the shit out for free for over a decade guys You know, I'm like, but but now we're giving the details But anyways guys if you're trading meme stocks, you need to be focused on that shit It takes a lot of buying power and a lot of brokers, you know, that you know You can't just use four time leverage on it because they it's a meme song It goes crazy and they give you maybe cash or something and maybe right um Oh shit top is bouncing back up Holy shit over the look I have all these open orders. Oh, I feel some shit Let me answer 1588 The uh 16 What I got I got a good feel. I want to show you afterwards What I got let me show you what I did So I'm using fantasy words for these. What is the fantasy order? Fantasy order is just a way of putting a little order out there and hoping it hits You know, it doesn't hit doesn't hit but you have to know Strategically where to place them. This is why we teach you guys. Okay. Let's take a look at this So then that stock I fucked up on I shorted the top at $21 Then it covered out of 19 bucks Then the ball falls down to 13 bucks. So now it bounces back up. I'm back in at 1770 area And then I do one up here And then hopefully I'll cover down at this area here You know those so oh shit fat Fat so take a look at fat ph at Do my phone's all jacked up. Sorry guys top ticked it 920 Now it's down here. I'm trying to cover it down here So once again guys, you know Once you learn the basics the foundational part of trading you can apply this to strategies and processes that work The problems you do not know what strategies work And so I'm telling you guys man You guys can be fucking losing all your money trying to figure this shit out on your own or just fucking You know join and learn because I'm telling you I went through a lot of hardship to figure these things out We know we lost a lot of money trying to figure this out Um, I want to get back to my trading guys So a couple questions and then I got to take off because I have open positions that I'm making money on Any questions guys The meet up guys the meet up Okay, the lead up you better show up. I'm telling you this is the event And I have to show you I trained a seven one two three four five six seven eight nine tickers I trained in nine symbols all four games. I showed you all that so actually it works guys No, I didn't get back to what I'm doing any more questions. If not, I will get back to training We have all these questions are on the trading fish. I have a free We have a free video on our youtube channel. Look for the trading fish academy Okay, trading fish academy all your questions will be answered there focus and all that and we also have a Webinar free webinar my investment club comm slash webinar Okay, webinar slash webinar and also within a youtube channel So click like do us a favor help help me click like if you like these videos and help us out guys Okay, I gotta get back to trading. We'll see you very soon in the meet up and once again You can always hit us up on our dms. All right. Our dms are open for instagram. Thanks guys