 What's up, everyone? So today's Monday. I usually do these recaps Monday the video before this is my Video watch list. So if you haven't seen every Monday, I do a free video watch list for everyone on YouTube and every other day I do it for the members. So a couple things I want to talk about before we start If you are a brand new trader, right? If you are a brand new trader and you want to cut down your learning curve trading We created the jumpstart accelerated course Which is a seven-hour course that takes you from not knowing anything about trading to placing your first trade in just seven hours You can get the course at myinvestingclub.com slash jumpstart or you could text Tasha 2 1 3 4 5 8 5 9 9 7 to access it also our second annual Bootcamp event is coming up next month. It is going to be on August 17th, which is M.I.C.'s two-year birthday This is going to be an online virtual event this year Details are going to be coming out soon. It's going to be free for annual and free for lifetimes The key thing for this event is you're going to be able to watch bow trade live Now I was going to share his screen and provide you guys with commentary real time Explaining how he's trading and what he's doing live There will be a replay for annual lifetime members if you are a monthly member or not a member yet There's going to be a small ticket fee for entrance There's going to be also presentations from the moderators and myself as well So I know Faye is doing a presentation on how to be consistently profitable James is doing a presentation on pre-market trading Harry is doing a presentation on the first bounce And a bunch of other moderators have a bunch of other topics my personal Topic is going to be how to create a watch list in the morning because that's kind of what my favorite thing is and what a lot of members Find value from me. So again, this event is going to be on August 17th for Everyone annual lifetime members get to go in for free Monthly and non-members have to pay ticket fee. We are going to launch the landing page really soon. So stay tuned So let's talk about trading today guys So I always explain that your process for the trading day always starts today before and maybe some people don't understand that Maybe some people don't get that but that's what's really really important for me What I've realized what I've realized about myself in the past. I would say about six months ago About six months ago Mondays are my worst performing days in the market And as of now believe it or not Mondays are my best performing days in the market now How'd that happen? What happened and what did I do to fix that? Number one is I recognize that I had an issue right I recognize that Mondays I had a lot of FOMO I realized Mondays I was over trading Mondays I would trade pre-market Mondays I would be so anxious to trade that I'd be trading so many different stocks at the same time So the first way to fix your problem is to recognize that you have one So about six months ago, I recognized that my problem was on Mondays. I was underperforming So I created a process around this So if there is a problem that you have in your trading Your first step is to admit it to accept it and then form a process around it to make sure it doesn't happen again The process I form for myself on Mondays was something like this On Mondays size down a little bit because I'm so excited so eager so anxious to trade that sometimes I get in too big Number two is I am not allowed to touch day one stocks If they are above VWAP and I do this because every Monday We have a bunch of crazy runners happening like I am our end today Because so many people are so excited to trade that they get into these stocks early So the day one stocks they're above VWAP. I don't really like to mess around with them Next is no pre-market trading on Mondays again. Everyone is excited to trade on Monday We just got off of a weekend traders are addicts. They love what they do, right? So here what happens if you wake up at 7 8 9 in the morning you get too excited you get too Impatient and you start trading these stocks a little bit too early So those are the steps I took and over the past six months Repeating it over and over and over again has led to a great day today and has led to a great Monday every single week Hopefully knock on wood don't want drinks anything. So today I made about eight thousand dollars, which is great. I don't get me wrong I'm not complaining. It's whatever but I still have work to do guys. I still have work to do. I'm still trying to improve so What I also want to talk about is the day one stocks and a day one hot chick plays and Kind of how to recognize them and what do I do when I recognize them, right? Because I've been getting a lot of questions about this as well So number one is what I always do when I get to the desk is I identify Which two stocks or which one or two stocks that I think have the potential to be the hot chick of the day So the hot chick of the day the hot stock of the day is a stock that every trader has attention on And what I've realized about the market is that the less traders that have attention on a specific stock The more it's going to work in your favor if there's too many eyeballs on stock Chances are the inverse is going to happen So what I like to do in the morning is I like to identify which stocks are the hot stocks of the day the hot chicks of the day Maybe write it down on a post-it note and tell myself alright Because these are the hot chicks of the day. I'm going to avoid them on the way up Maybe I'll have it on side radar if they decide to bounce but on the way up. I'm avoiding it So this morning what we noticed was DPW was the hot chick of the day This stock was running up pre-market every single dip was getting absorbed and boom What ended up happening on DPW is right at the open it tanked so it confused everyone It fooled everyone into thinking that it was the hot stock of the day when in reality It just trapped the longs. Okay, it trapped the long biased traders on that stock So after I think it hit like 540 or 550 in the morning It opened up at $5 and tank to 450 when that stock tank to 450 my thought process my plan was alright Now the stock is broken if it bounces back up to 5 and fails The risk reward is good to take a short at that level at $5 because it has already tanked and now it is bouncing We never got that bounce. I was kind of pissed and it went down even lower So I think 430 maybe or 420 so What I ended up doing is I waited for it to bounce back towards VWAP Waited for it to go towards the 450 half dollar mark and I shorted it there Now I didn't make a massive amount of money I think I only made 20 cents or 30 cents on like two or 3,000 shares And that was because it didn't pop to my ideal line So I couldn't use a lot of size and I still didn't feel comfortable with that trade because it might have went to 470 or 5 and I had to save bullets. I had to save ammunition I had to save share size in case it did that. So although I think only made like four or five hundred bucks on that trade It was a relatively stress-free trade So let's talk about what happened next. So remember if DPW was supposed to be the hot stock of the day The hot chick of the day and it ended up not working out. What happens next, right? So what we have to realize about this market is that when there is a hot chick of the day and it starts to Tank and it starts to lose its momentum and it's still very early in the morning that Money from that hot chick will flow into a different stock. Now. Why does that happen? So all the people that were buying DPW that thought it was gonna be the next crazy stock to go straight up Everyone that thought that it was gonna be the next big thing Now is dumping it is now selling it to end up finding the next one Everyone's always looking for the next one So on a day one stock on day one hot chick plays if the hot chick stock ends up tanking Most of the time that money those longs flow and push that money into a different stock in Today's scenario. I am or N was some bullshit stock that no one really cared about It was trading like a million shares of volume out of the open nothing really crazy, right and all of a sudden when DPW tanked When DPW will lost its momentum all that money from DPW instead of going back into their pockets They put it into the next thing right these inexperienced traders are gambling. They're not trading They're putting into the next hot stock and then you have something like I am or N that goes from $11 to $19 on air No reason to go up shorts probably got a little bit too aggressive on it and that's what happens So always remember this guys. This is kind of the main lesson. I want to mention in today's video is Just because the hot chick dies Doesn't mean the day is over Most of the time when the hot chick dies that money will flow elsewhere So if you are able to recognize this if you are able to realize this it gives you an edge because now That the hot chick stock the money's flowing out of it You are now allowed to trade that stock because it is now broken It is now under view at it has now trapped people and if you recognize that that money is flowing somewhere else Now that other stock I am Rn is the new hot chick of the day is the new head of the snake of the day Is a new stock that everyone is watching and that probably is the stock that you should be avoiding So that stuff makes sense for you guys That's kind of what I want to talk about today because a lot of people say alright I am Rn wasn't the hot chick. How did it get so much potential? It was because DPW tanked and that money flowed elsewhere that money flowed into the next stop I'm money flowed into the next cool thing the next shiny object So whenever that happens guys, let the switch go off in your head and recognize that this is happening Okay, and maybe slow down if you recognize that the money flowed out of DPW and into I am Rn That shouldn't say oh shit. Maybe I should show I am Rn now That's just say alright if I am Rn is now the hot chick of the day the side chick DPW is the one that I should be watching But sometimes I get a little bit scared. I get a little bit nervous too. You know, I'm a human I want to save bullets. I want to save money just in case something happens But these are the lessons I want to kind of mention today Also on I am Rn. It's crazy because there's a lot of traders out there That I'm sure we're revenge trading it that we're shorting 11 12 13 14 And then they're the ones buying and covering a 17 18 19 Obviously there's chatroom pumps and chatroom dumps happening every single day but for us guys for us We focus on the same boring Day-to-day routine the same boring day-to-day process. We are not out here making a hundred grand a day We're not out here making 50 grand a day We're also not out here losing a hundred two hundred grand a day We're over here making our consistent one to five thousand dollars a day working one hour a day Stinking to the process and using the extra time that we have to either study or enjoy time with friends and family For me personally, I realize that my trading is the best when I am the least amount of stress And I am not in a position mentally to be able to trade massive size again Because I've realized that trading less has led to more profits and more happiness in my life So that's just kind of some more lessons today guys is Remember what got you here in the first place, right? What got me here in the first place was obeying the zombie rules What got me here in the first place was focusing on low hanging fruits What got me here was not swinging for the fences every single day You guys see me back for singles every single day You see me pulling in one two three thousand dollars a day, which is slow And then eventually on days like today if I stick to the process properly I get rewarded with a nice eight thousand dollars a day So again, it just goes back to the same thing guys is you know There's a bunch of people on the internet making a bunch of money these days But you forget that they are teaching you the bad habits I see all these guys on the internet Okay, and going short massive size and then if they're wrong They go long massive size and then they start revenge trading losing two hundred three hundred thousand dollars And then bragging that they're only down a hundred thousand dollars You gotta be kidding me man with this shit But again, this market isn't gonna last forever All these guys making all this money are making it with bad habits And they will eventually end up losing it because that is not sustainable guys The process that we teach the routine that we teach has made our traders and my see consistently profitable And that's all that matters So do you guys have any questions for me? I kind of covered most of the topics that I want to talk about already Yeah Let's get into a brief Q&A and then we'll take it from there We are living in a day and age guys where You know, there's a lot of uneducated people trading. It's like it kind of doesn't really make sense man It's like just doesn't make sense All these uneducated people are entering the market. They have no idea what they're doing They have no idea how to trade So if you have a little bit of education and you have a little bit of knowledge It will take you a long way. So let me get to some of these questions here When do you think Boxell will die off? I'm pretty sure Boxell had an offering so they're probably waiting for effect and then It should be dead As I know our minions can get burnt in the sun If your line doesn't hit on a low hanging fruit, do you trade it anyway? So a couple things about that is Number one Austin has a webinar on this. It's called what if my lines don't hit and Number two is I like to use VWAP on low hanging fruit So if it doesn't hit my line, but it is under VWAP, I will trade it for a nail and bail only How much do I spend in fees and locates every day doesn't it's insignificant it's insignificant probably I would say Couple hundred bucks on locates and maybe like a hundred bucks on fees So if I'm willing to spend three hundred dollars on fees to make eight thousand dollars, I really don't give a shit The event on the 17th is going to be different than the 18th the event on the 17th is for Non-members members annual members and lifetime members the event on the 18th The day after is exclusively for lifetime members only it is going to include another full day of live trading Hi, my name is Jayden Adams. So I am new to investing and my question is what are the best? strategies to start off with a five or ten thousand dollar account your best bet is to start educating yourself first join MIC Watch the videos get the accelerated course Study educate for one or two months paper trade for a couple weeks and then start trading with live money The biggest mistake that a lot of traders make is as soon as they join MIC or as soon as they join any type of Community or membership they start trading with live money instantaneously. I don't understand that It's like before you become a doctor Don't you practice on a dead body first before operating on a human just because you go to medical school doesn't mean day one They're gonna make you deliver a baby you have to practice you have to learn you have to be educated first So start paper trading first guys These are the common questions that everyone sends guys. These are the common things that everyone deals with It's like I get it. Everyone's excited. Everyone's wants to start trading. It's fine It makes sense But if you just give yourself a month or two months of education and then a couple weeks of paper trading You're gonna speed up your learning curve by a year People don't realize that if you invest one or two months it pays off two to three years You understand so that's something you have to keep in mind as well is don't try to rush into these things guys Don't try to rush into these things Take your time. I'm on year six Okay, I am on year six If you are on journey day number six Shouldn't be trading with live money yet because if you are trading with live money You are in the ocean with someone like me that has more experience than you Okay, so realize this and recognize that if you just take a little bit extra time to invest in your education And take the time to separate yourself and from all these other coolest people joining the market You will have an edge. It is no surprise that MIC members are finding consistency faster than everyone else It is because the things that we teach the process that we teach works We are not sitting on a microphone or screen share Alerting you plays we are not sending you text message. We're not doing anything like that man Which unethical people are you talking about names so we can avoid? I am not going to name any names But if you see someone with text message alerts see someone with email alerts If you see someone with voice alerts, you're being scammed my friend So don't look for their names. Look at what they offer if they offer those things and those are the people that I am talking about MIC has never alerted and we will never alert anything We will teach you guys how to trade for yourself If you are in a membership or a community that focuses on text message email screen share voice alerts My friends your money is going to be gone in a few months And if you don't believe me try it and don't come crying to me any other questions guys. I'm gonna start wrapping it up What types of trades are the most stress free for you? It's a day to low hanging fruit like RMB L today My plan on the wash this was to short a pop towards 25. I shorted some at 2495 and I covered at 23 Now that trade made me about $5,000. That was the least stress and the best trade of the day It's crazy because people that joined MIC say that they got scammed first They knew MIC was the best but they decided to go with a cheaper option because it was cheaper Truth of the matter is man if you lost more than $200 today trading that pays for a month of education and At the end day it doesn't really matter because if you guys join somewhere else If you guys trade somewhere else if you guys trust somewhere else You guys are the guppies that I am trading against that I will take all your money from So it always comes back to a game of education Are you learning to be a shark or are you continuing to follow like a guppy and You know this game isn't for everyone. I get that but if these people continue to be uneducated I will continue to be making money every single day. It's all it comes down to Tough truth. I don't really care. No more. Mr. Nice guy. It doesn't really matter I'm just telling you how it is if you follow anyone that has alerts if you follow anyone That's pumping stocks. You are the reason why they are making money Most of their streams most of the most of their pumps most of their text messages are all on a delay So by the time you get the message they are already selling into you my friends You don't believe me I don't really care Let's do a few more questions and I'm gonna wrap it up. How did I first get started on my path to success? I got rid of my ego. I realized that I am not an expert. I had to learn from others How long did the application process take for Cobra probably about a week any other questions guys? Gonna keep this short and sweet Realize that you guys prefer the shorter videos Why did I leave SMB? I have a video on this Just go to my investing club on the YouTube search bar and write my new journey and it'll explain everything How many shares that I use on RMBL? I think I use like 2,500 shares Made like $2 a share So you So you are talking about people that send out text to people want to buy and sell I don't know people actually do fall for that. You're crazy if you don't think people fall for that Probably because you are gonna be one that falls for it Reality is that 99% of rooms give alerts. Yes, they do How do you overcome not wanting to take a loss guys? We have a free video on this Just type it in into YouTube search bar How many years have I been trading the low-hanging fruit strategy for about three years? Low-hanging fruit strategy was actually the first strategy that bow top tosh back in the day Guys, the reason why we don't alert at MIC is because we actually have a fucking conscience We actually like to sleep at night. We don't want to pump and dump you garbage shell companies Just so that we could make money and you guys could lose money You guys see anyone having alerts or any types of these pump and dump bullshit You are being scammed. I'm just telling you that's just the truth Anyone that does these alerts voice alerts email alerts text message words They are pumping their stocks to you and you are clueless and uneducated enough to actually follow it and believe it That's where you lose It happens all the time and all the time people say hey I joined this community. It was $50 a month $60 a month and I lost all my money. Can you guys help me out? I knew MIC was the best from the start, but I just couldn't afford it Paper trade watch our free videos That's guys we have think it's about 750 free videos on YouTube men and no one watches it We get about a thousand views of video, you know why because no one really gives a shit about education Everyone only cares about getting rich quick and those getting rich quick people are gonna end up losing money Those getting rich quick people are the people that buy our MBL at 25 when I short at 25 So again, if you don't want to be educated doesn't really matter to me I will continue to pray off the uneducated traders But if you are actually willing to learn and invest in yourself and invest in education You will be able to learn skill that's gonna last you a lifetime So that's it guys if you have any questions leave them in the comments I personally me Alex is the person that replies to all your comments and reads all your comments If you have any questions about trading hit up Tasha 213 4 5 8 5 9 9 7 and for the love of God avoid these alert services You're gonna see big P&Ls on Twitter probably today and tomorrow all these clowns losing money Oversizing on these bullshit stocks. So that's it guys. See you later