 Yesterday, okay Dude yesterday we talked about this look at this. Oh my god game over and they stopped everybody out and today I Mean I'm pretty surprised actually that just went straight down without any any fights But the key is this this is a day one stock guys and there's a concept that I kind of coined called Deviation from VWAP I'm pretty sure other people use this but I just kind of call it that because once it starts to deviate too much from the VWAP What happens is this once the deviates too much? It's very difficult to go back down Shorts are upside down shorts are the ones feeling this and we mentioned in the room that VER you yesterday was easy to borrow Pretty much today is easy to borrow as well But yesterday was extremely is all easy to borrow and so in order for a stock to squeeze of this magnitude guys From freaking three bucks or whatever the five bucks to 15 bucks It needs to have a lot of shorts trapped and the shorts are the reason why it feels These squeezes because people are shorting shorting shorting. That's you know, they're all fighting So that I'll give you the secret guys We talked about this before but the natural buyers the match natural bidders of a stock are short sellers They're not long's long's not the ones that driving the stock up Long's not gonna keep buying forever guys This is stupid when you got when you think yourself when you see all these guys telling Proclaiming like oh look at all these dumb ass longs chasing the highs. No, dude. It's the dumb ass shorts are getting squeezed There is no longs buying this fucking shit up here. They already bought it down here This is nose bleed levels The only reason that it's up this bus because the short sellers are stuck and so once they are So the only way for a short seller a short a squeeze like this to get out is if it unravels if it gets to the point where it just Kills so many shorts where it takes everybody out. That's what I did man took a lot of shorts out And so even so even here guys look it went all the way back up to 15 bucks. What was this 14 bucks? So it basically Stopped everybody out and so the short started hammer it back in and went back up So look at this line the $14 line It is $14 line became a huge resistance. So the last bit of Squeeze only went up a dollar So 14 bucks was the way to go Let me see what I did on this dock. Oh wait look 14 bucks shorted 14 bucks It started shorting it and every pop I added covered added And I was like dude, I wanted to get another one. I did not feel by a penny, man 1150 was another So I just kind of let it go. But you know what man? I made money from 14 bucks all the way down to 11 bucks But the key is this guys The key we always says be careful with day one runners be careful one day runners be careful of day one runners Be careful of especially Easy to borrow day one runners guys. So I'm telling you right now man when I see when I see easy to borrow and when a stock Starts a deviate one dollar two dollars three dollars over view up. It's it's pretty much like dudes It's pretty pretty damn impossible. I would say nothing's impossible I mean pretty damn hard for it to die Just just die like that unless there's huge Dilution all that but if there is a huge dilution guys, it wouldn't be easy. It wouldn't be like Straight up like that. It wouldn't be a huge volume, but the key once again is easy to borrow guys I won't talk about this much. We made a lot of videos on this guys Easy to borrow is the reason why v er you rent all the way up guys, okay? I Hear a lot of the groove through talking about oh, I don't want to go along the stock because it's easy to borrow God, dude, you want to go because it's easy to borrow because it has a huge likelihood of being squeezed If the volume is there and so today, you know on the back side, I was like dude Do not go long is all shorts guys. So what goes up must go down. So if so the key to trading these markets guys These markets are very different than than they've been last year. That's why a lot of people getting killed They're they don't understand the markets No, the strategy you're using last year doesn't work because they really didn't have a strategy guys I then we talked about in the room a plan includes it where to enter where to exit for both a winner and a loss And the key is this the key is you need to pre-plan you need to figure out People always talk about do you have a so this is so I want to end it with this guys. I don't keep this nice and short There's a huge thing on Twitter. Oh, are you a Discretionary trader a system trader guys. We are not random traders man. Everything is a system. Okay? The stocks selection is a system this type of stocks We select back side front side day one day three first day red First red day sell the news. These are all system plays Okay discretionary. I mean you call what the hell you want to call it But just because we don't use a spreadsheet doesn't mean that we don't know what the fuck we're doing Doesn't mean that we're randomly hitting stocks. We are Choosing stocks within our system You don't see me going and training fucking Google randomly paying Google, right? You see me trade stocks that are broken Backside stuff day two low hanging fruit is a system Okay, guys, so forget all this shit you see on Twitter There's a lot of missed information out there and a lot of people want to be cool They want to fucking start putting people down. They want to hate and troll and all that shit, you know Well, I just do what I do guys. I've been trolling fucking for decades here. If they stopped trolling me I know I'm doing something wrong obviously But so I'm gonna remind someone remind everybody not just someone everybody That you know what man There's a reason why I'm around for a long time There's we well Alex is wrong around for a long time because we have a systematic way repeatable way of Consistently entering exiting, you know making money off training stocks, right guys, so there is a system behind it Yeah, it does not just because we don't use this fucking spreadsheet I mean we do this for so long the spreadsheet is in my head right guys And so the keys once again guys these trading rules all add up to the system Okay No one's writing algorithm trust me on that There is nobody fucking writing a fucking algorithm on this shit, right? And that's the only way that they're doing a system play right? But anyways doesn't matter what this guy's the key is stock selection in this market stock selection is the key Okay, all these guys are looking all these parameters bullshit. It's all bullshit if you choose a proper stock guys Your life would be much easier. Okay? The entries and exits we formulate through lines resistance and support and pivot lines these things are and I Made there as simple as you can be man trading is very simple guys. It's not It's not easy because you still have to execute it But it is very simple guys stop with all this fucking stupid ass shit about fucking data testing and What I mean, dude, are you fucking kidding me? Are you fucking kidding me these guys are doing this shit? They're not profitable. They're just trying to they are trying to convince themselves that they're smarter than other people Because they're not profitable Keep a simple stupid. I've been doing the same fucking shit for decades now keeping it simple. I using the fucking Methodologies that I've been fucking using for 20 years Alex is using the same ones We've been mentoring thousands of people in M. I see and I what I want to bring someone on It's been a long time since I brought someone you want to bring if you want to come on raise your hand You could be a troll. It could be anything you want ask any question you guys want Very simple man. I mean dude if you have voted the ER you yesterday You're ready to bail to you get ready to fucking bang today That's what I did. I survived the ER you yesterday So I survived yesterday to make money on VR you today So that's I mean, I don't know what else to say guys There are people losing millions of dollars out there And you know being way too early being way too arrogant having no fucking risk management plans The funny thing is hey, they make fun of me and my best management and they all blew up yesterday So it's fucking pretty funny Yep, we've been talking. We were the first people. It's just talk about easy to borrow man We we came out the theories on that and you may not believe it But they may not believe the zombie rule is a theory, but that zombie rule fucking his goal Look at AT&M today, man There's a lot of zombies all the fucking time guys There's something around that time guys and and it's based upon the my own track record of losing my ass to formulate this So when you're talking about spreadsheets guys, I do keep a spreadsheet. It's called P&L I know what shit I lost on and I know why I lost on him Alex is away till later this week guys and the week Any questions guys this pretty pretty much straightforward day There's a lot of traps man. Holy crap. Look at AG le Straight down. There's a lot of these stocks. I just go straight down So when you're looking for all day fader guys, these are the system plays that then people won't know Oh, they think that the problem with the all-day fader is this sometimes you get a fucking trap and it fucking mid-day Bram you need to put in a hard stop So that's the thing that a lot of these guys don't understand you still have to have risk management System means shit without risk management risk management is your system So if you have a solid risk management guys, you are already head of the game defense wins championships in sports risk management wins fucking trading Raise your hand guys. You want to bring anybody? I'm building another PC setup guys. So I'm not really done yet. It's still It's still being worked on right now So I have a few few places. I'm saying that so I'm building another one here. Yeah guys. So I mean Tosh you're out Think Tosh is on some but yeah text Tosh our information is on the IG site So the Instagram that you're on the Tosh is text you text me anytime guys for information About MIC about questions or anything you guys like Yeah, pretty straightforward day guys who wants to get on man raise your hand I think it's been a long time since I had someone on just to say hello, whatever you guys want man Are you using VWAT with pre-market? Yeah, I use VWAT with with the pre-market. Yes, I do There's a lot of stuff out there guys. I mean as long as you make money is okay Twitter guys are always trying to be different always trying to be cool telling people all this shit, you know I mean, I really give a damn guys. I'm gonna do this thing too long I blocked them all I blocked them all and they still try to talk but uh, you know do what you know VWAT I do use the pre-market and data man. I use the pre-market data Any questions guys? It's your chance man. Hey guys I guess everyone knows what they're doing Do you think a Vero could be a liquidity trap? People have these fucking fancy-ass turn liquidity trap. This fucker is down from $15 or $10 and you're talking about a liquidity trap the fuck They had liquidity for long Trapping the longs we were buying on the back side So very simple guys if you're a long buy straighter go along on the front side if you're a short seller Go short on the back side the hardest part of trading is having the discipline to wait for your edge Right guys when you see shit that goes down like VRU today from 15 to 10 and you're long You're like, oh shit. It's on sales on sales. So you buy buy buy buy and remember guys things are on clearance or yesterday's fucking Piles of crap. You're buying old-ass shit that no one wants right guys So you want to buy the hype hype buy it up buy it on the way up not on the way down And when you short you don't want to short on the hype man You wait for that shit to be over with and then you short the back side That's the best easiest way to do we call those low-hanging fruits guys And the hardest part of those is to wait as a short sell the hardest part is to wait to wait for the front side To be over is more difficult than you think to be able to sell your hands and do nothing guys It's a simple trading is so simple if you are long By the support lines if the support lines break Stop out if you are short short the resistance lines if the resistance lines break Stop out keep it simple stupid kiss. None of this fan. You don't need any expensive shit to day trade interday guys I'm not holding huge massive million share positions to swing for three months. I'm not doing that I'm just making my money and getting the fuck out Indicators I use as VWAP pivot lines support resistance Yep, the way to do longs guys on your IRA and something that is to buy the front side such as Like lixt and then when it drops and then when embrace so draw the first thing is draw their lines, man The lines of port lines or resistance lines right guys Learn how to do technical analysis and keep it simple. Just draw your support resistance lines So says trader calm. Here's the broker to check out guys. I'm gonna type it out. This is says trader Yep, try to get a meet-up going soon hopefully Any other questions guys? I'm always available on Twitter guys. You guys know that you see me post my chart every on Twitter as well, so Hit them up guys 20 maybe 27 or 30. I forget what their thing is But you know you can mention that you heard from me on Instagram and stuff. So Why not short under 10 bucks from ERU? Why not short under $10? This thing went from fucking 15 to 10 50% retracement rule. I'm not touching that shit So you want to go along go along around the 50 to 60% retracement rule. Oh, that's a rule like oh, that's a rule That huh, I guess just share with you guys so $15 So look it bounce off 10 bucks man Go ahead not go under so guys There's a point where it's just too greedy right so you can write it all the way down But then some point it's gonna bounce like VR you bounce right now almost a dollar Share so I mean, you know, it's the hard part for me. It's always been the exit It's like the greed factor, right? Where do you exit entries are for me entries are much easier because I can I could choose where I want to enter the greed and the fear of missing out is the hard part for me So everybody has their own You know their own weakness and you know their their own strength. So so no one's perfect trader guys I'm definitely not a perfect trader if I can fucking do this shit You can do this shit too guys the hardest part for me is Having the discipline to not enter stocks where I should not be entering because out of boredom or because of cushion when I'm up It's very dangerous when I'm up because I get bored and so I like to gamble around But that's because I sit around to help MIC guys normally if if I didn't have to guys I go I just leave go on vacation fucking go like Alex does guys So having a full-time job actually helps as a trade trader guys because you know, you're not sitting behind the screen 24-7 board Hit-and-run man nail and bail you only you know work like two hours in the morning one hour to set up one hour to trade And you're done. So that's why we keep telling people man guys Oh, they have the jobs make the best day traders because they're not desperate for for money They did they know where their incomes coming from guys So all you guys right now that I wish to be a full-time trader forget it It sucks being a full-time J you probably gonna lose your ass because you're so fucking bored and you have no income You're gonna get stressed. So those that have a job right now hit up Tosh Go check out my investment club my investing club Those are make the best traders the best traders are the guys that don't need to trade that don't need the money And so you're thinking clearly you can do the get in the position get out of position quickly and leave for a day Okay, I'm gonna leave you guys with this guys Hey, James I'm just telling everybody that the best traders are not the guys that are full-time necessarily They're the guys with the jobs because the guys with the jobs are not desperate for money They're not here to fucking like have to pay the rent and so you supplement your income. This is all you need guys 200 bucks a day is life-changing money guys For me thought like for me life-changing money is being able to walk into a restaurant and order what the fuck I want to order I don't need to buy a fucking Bugatti in a Lambo every day The fuck those guys man. Those guys are selling you get the bullshit dream the bullshit dream for me It's always been to be able to walk into any restaurant and buy one of the fuck I want to buy to eat having food to eat is a fucking luxury item that that most of most Americans don't understand Huge luxury around the world poor countries like in Asia in Africa There's a lot of poor countries in the Middle East. They don't have money to eat They don't have clean food to eat. There's a shortage of food And so for me, I know I come from a third world country and I come from Asia And it's like do having fucking food at my At my fingertips to eat every day is a life-changing thing for me So I so I keep it very simple. Yeah, sure. I'm a Ferrari I sure have fucking nice shit, but that's not that was never my goal guys My goal is just a fucking not be worried about having food and shelter and shilling that right guys So keep your day job think about this. Can you make $2 a day? I think anybody can make $2 a day $2 a day is not that difficult The hard part is making $200 a day and being happy with making $200 a day If you're not happy with $2 a day, you're gonna want to make 500 and then you want my thousand Then you'll lose it all back guys. So when you break it down a million dollars a day is only four million dollars a year is only $4,000 a day So I'll leave that with you guys right there guys simple make your inco Don't quit your day job. I started with it. I had a job The reason I quit my job is because I call in life is always called. I'm gonna leave you this in life It's always called opportunity costs When your opportunity cost So my opportunity cost for not trading was so my opportunity So I went out of job. I had to go to work and so when I went to work I'll actually lost money because I would have made more money Trading than I did at my day job and that's why the opportunity cost for me to go to work is so So high that I quit my job because I made more money trading So the moment that happens then you know to quit your job when the opportunity cost I wish I could do it I was trading and and doing this for like two years with a job Because you know why they're paying me money. They're paying me money and to learn so during that time I learned I learned how to trade. I didn't have to worry about paying the bills, you know, I was set. I was set Uh, and then I made a goal of saving two years worth of salary before I quit But anyways, you guys can do that too guys. Yep, James works. It's it sucks being here guys I want to I want to leave I want to fucking leave but Alex is not here is on occasion Um James, I thank you for helping the room all the every fucking day the moderators. Thank you If it wasn't for them, man, I want to fucking I don't want to fucking stay here guys, seriously But I want to help the members so I think so for me my day job is MIC guys Happens to be the same job I do trading. So, you know, it works out for me. I enjoy it But you know their days, I just don't want to show up It's just like anything else guys after a while. It's making money is boring as fuck guys Seriously, sometimes you fuck around you lose money, but you know, you have fun, but it's stupid, right? It's the same fucking shit It's like shopping, right? Whatever it may be guys. So You guys can do this. I believe in you keep your fucking day job. Go get a job We have another member driving Uber now to fund their accounts and stuff like that. So thanks guys We'll see you online. Um, I Until next time guys, I'm always available on Twitter always available in the slack For MIC and you know my Instagram. So I mean shit, man I think I help people for decades now. I'm not realizing it. So all right guys Do me a favor guys when you go and see our videos, please click like please click like Videos photos we post whatever it really helps us out. We don't really ask very much our social media space is not Presses not that huge, but we would like to get bigger guys. We want to get it bigger to help more of you guys So thank you guys. We'll see you later