 Monday, today's YouTube Live Day, another kind of shitty, boring day in the markets. Today was a losing day for me. I lost about $3,000, which is more than I wanted to lose, but kind of screwed up today. So we're going to talk about that. We're going to talk about the current market action, and we're going to talk about what you guys can do to kind of stay alive in this market. So let's recap first, right? What the heck has been happening to the market? What is going on? You guys have been trading for six months. You guys are not used to this action. You guys are used to plays every day. You guys are used to stocks that you could gamble on every day. You guys are used to small cap companies going to the moon, releasing PRs, all this stuff. That is kind of a hot market cycle, right? So the stock market moves in cycles. It is hot. It is cold. It is warm. It is everything. For the last year, year and a half, it has been the hottest market cycle in existence of day trading. Stock market was crazy hot. There was opportunities every single day. There are stocks moving every single day, and right now in this month of April, it's been the slowest it's ever been in the last two years, right? We got stocks that used to be gapping up 100, 200, 300%. Now the highest gapper is like 10% or 20%, and we really can't make money on those setups because there's not much meat on the bone. So what do we do, right? What do we do? And traders are ravenous. We are animals. We want stocks. We want setups. We want plays. We want these stocks to move. We want to be able to make money, but oftentimes what happens is, shit, if the market is slow, I mean, how the hell are we going to be able to make money? So I mean, most people that have started trading six months ago or two a year are probably going to bleed out their accounts during the slow market cycle. They are going to lose money every single day trying new shit. They're going to lose money every single day trying to outsmart the market. And I myself had a losing day today, right? I lost on CLOV. I wanted to short the $10 double top, and I ended up stopping out at the dead high, and the stock ended up tanking after. So I mean, it feels like every single person is waiting for that runner. It feels like every single person is anticipating that runner. And I find myself just basically waiting and waiting and waiting, because I know that when that one runner does arrive, it is going to be hot market action for at least a week or two weeks. And that's where I'm going to make all of my money, right? So in this slow market cycle, in this slow market action when small cap stocks aren't really moving, when small cap stocks aren't really gapping up, when small cap stocks are just like tanking immediately, I mean, I have to remind myself that my job as a trader is to basically just wait, right? I'm getting paid to wait, right? I'm getting paid to stock. I'm getting paid to exploit an edge, exploit an inefficiency in the market. And right now, I mean, there's really no edge. There's really no money. It doesn't really make sense to be trading in this market. I mean, the only good thing about this current market cycle or the only good thing about this slow market is it gives us traders who have been working for a year, year and a half nonstop every single day, a cycle to go on vacation, a cycle to take some time off, about to go one week trip to Hawaii. I'm taking a one week trip to Mexico this week. And I'm trying to get in this vacation time. I'm trying to reset during the slow time so that while the market is slow, while the market is choppy, I'm not even being tempted to trade. So oftentimes, guys, when there is a slow market cycle, that is your signal to go on vacation. That is your signal to sit back and relax. Because as you guys know, when the market is hot every single day, it's nonstop opportunity, nonstop every single day. So, I mean, this market, very easy to get chopped up. I know some members in MIC are staying disciplined. I know some members aren't, but my advice in this market is just if the trades aren't setting up by 10 a.m., you leave, right? There's no reason to overstay. There's no reason to waste your time. I mean, the longer you stay in front of the markets, you're going to get chopped up. Today, we had a stock, AMBO, currently traded 96 million shares of volume and had a float of two million shares. If this was a month ago, the stock would be at $20 a share by now. It would be up a thousand percent. But now in this slow market cycle, everyone's kind of scared. No one wants to risk their money. No one wants to do it until it has confirmed. And if the stock is trading 96 million shares of volume, if the stock has a two million share flow and if the stock is at zombie times, I mean, in the past, that was an ultimate signal to go along. And now it's pretty much a signal to really not do anything. And that's kind of what's been happening, right? So what worked two months ago, what worked last month, what's been happening is those setups aren't working anymore. And you keep going and going and going and trying to buy those setups and you end up losing money, you end up bleeding your account out. So this market sucks just to be completely honest and completely genuine. It's very, very hard to make money in this market, right? So your job right now in this market is not to make money. Your job is to stay alive long enough so that when the action does come back, you have the right mental capital and you have the right amount of patience that you can attack these plays, right? So again, my job, my goal in this market is not to bank. It's not to make money. I lost money today, which sucks. But basically, I'm reminding myself, I just got to stay alive. If I'm going to take a trade, I'm going to have to take a paper cut loss on it. I cannot afford to take a massive loss on it. I just need to wait for these stocks to come back to where I need them to be. Because if not, I have no trade. So here are some good things about this market, right? What are the good things? I mean, number one is all these chat room pumpers that are all going to blow up and they're all going to lose their money. All their subscribers aren't going to be around anymore. So I mean, they're getting their karma, they're getting their what they deserve. And that's basically how it works in a hot market cycle. These pumps go crazy in a slow market cycle. They don't even fucking work, right? So again, guys, today sucks. Every single day I'm waking up. I'm even thinking I don't even want to wake up at 5 a.m. anymore. I'm thinking about waking up at 8 30 a.m. because the market action is so choppy. Why am I going to sit here for three hours and waste some time? Maybe I'm going to try to plan some more vacations. Maybe I'm going to try to take some more time off because I mean, as you guys know, and if you guys have been on the YouTube channel for a long time, if you guys have been following our content, I mean, we've been doing this shift for a very long time. We've been here every single day showing up. We've been working hard every single day. And I really just don't want my amazing trades from the beginning of the year to kind of go down the drain just because I'm gambling and trading random setups. So again, guys, take it slow. Cash is a position you do not need to trade. You do not need to force trades. You guys do not need to do anything, right? And now this AMBO, as I am recording this, is now on the high of the days. We mentioned to avoid the shorts on AMBO. Even before this YouTube video started, I mentioned to avoid it. It is strong. It has volume. This might be the potential runner that we are waiting for. And I hope to God, it goes to five. I hope to God, it goes to 10, not because I have a position, but because I know this will ignite the market again. So listen to the warnings we are giving in MIC. If you are a brand new trader, this is the perfect time to learn how to trade because the market is so slow. During the slow market action, you could spend time studying, learning, adapting. We've made a video. We make videos every single day for MIC members, seven days a week. Every day we have a new video that is up to date about this current market action. What happens is if you join someone else, you watch their videos from two months ago is very clear. Those setups aren't working in this current market. That's why it makes MIC unique because we have videos every single day that talk about the current market action, not the past market action. The current market action and that is the best way to learn. So do you guys have any questions for me? So let's take a brief audience Q&A right now and then we will continue. This AMBO continues to go higher. Let it do its thing. But yeah, if you guys have any questions, if you guys have any concerns, you could text us, you could message us. You could text us at two, one, three, four, five, eight, five, nine, nine, seven, if you had a good day, if you had a bad day, if you want someone to talk to, if you want to see if MIC is the right fit for you. Just text us. It's a person. It's Tosh on the other end of the line. It's not a robot. It's not an algo. It's not anything like that. It's an actual human. So do you guys have any questions for me? Is there anything that you guys want me to talk about? I want to make these videos a little bit more interactive. I want to be able to make these videos value add to you. So let me know what questions you have and we'll take it from there. Alex said that AMBO was a long set up in chat for everyone on MIC. I said it 10 times. I said it a hundred times. I just hope that someone made money on it. Is there any live meeting coming soon? I mean, due to COVID, we're probably not going to have another live event until next year, but maybe we're going to have some sort of virtual event. I mean, last year we did a live trading event where me and Bao traded live in front of everyone. So we might be doing that again this year. This market actually sucks, man. I'm just watching this AMBO trying to see how high it could go. 104 million shares of volume, which is absolutely insane. Do you think the market woke up? I don't know what that means. Yeah, we are in a cycle right now where large cap stocks have a lot of attention. We are in a cycle where small cap stocks don't really have much attention. So maybe this is a very good time to attend our Tuesday webinars of large cap stocks so that you can educate yourself on how to profit on large cap stocks while small cap stocks are slow. How long does a slow market cycle last? It lasts as long as the next runner comes. It could be a week. It could be a month. It could be two months. All that matters is when is the next runner going to show up? Do you think a lot of dead money is moving to crypto? I think crypto is just a bunch of pump and dumps. It's whoever gets into the coins first and pumps it to the next person, makes all the money. I mean, this reminds me of the OTC penny stock pump and dumps. So I mean, I'm not really interested in getting involved there. I mean, it's very hard to even talk about subjects during this market, guys, because what is there to talk about? Nothing is happening. You know, what is there to educate on? Nothing is happening. You know, that's why all the previous videos, all the videos are making. Tom Diesel made a video on should you be shorting stocks at the open? You know, James made a video on how to trade during a slow market cycle. Joe made a video on how to hedge your large cap account with options in case the market crashes. So my advice, guys, is join, educate yourself, learn. And, you know, by the time you learn all the strategies, by the time you learn the process, Mark is probably going to heat up again. Just watching all this shit. Yeah, be patient, wait for your edge, watch videos in the meantime. And I mean, just stay safe. Don't bleed out your account. Your goal is to make sure that you stay alive until the market heats up again. The worst thing you could do is trade every single day, bleed out your account. And then when the hot market cycle comes back, that you are not confident, that you are not, you don't have enough money in your account. You blew up your account and you can't even take advantage of the best opportunities when they come. I need to know what not to trade. Is that something you teach in M.I.C.? Exactly. That's exactly what we teach. Stock selection is very important, knowing what stocks to trade and knowing what stocks to avoid. The only way you could do that is with experience. And that's something that I pride myself on. That is something that I think I'm very good at is stock selection, narrowing it down. So, yeah, I mean, I don't know why people don't try us for a month. I mean, it's like four dollars a day, five dollars a day. I mean, we're going to teach you how to make five hundred dollars a day. So, I mean, I know that people have been scammed in the past. And I know people don't trust us because all the other scammers, all the other chat rooms, they lost all their money. And, you know, we consider M.I.C. the best kept secret in the market and just try for a month and you won't regret it. I mean, there's a reason why there's a 98 percent chance when someone joins, they don't leave. We have a 98 percent retention rate, guys. When you join, there's a 98 percent chance you don't leave because you make enough money to cover the membership plus more. If you were short in clothe, would you say the biggest risk was upward halts if it did occur? I mean, we're not in the market where upward halts are happening anymore. You can see that that was the market cycle last month or the month before. We haven't gotten a halts up stock in a while because there's not enough demand. People don't care enough. So if your strategy was to chase the halts up, if your strategy was to wait for these halts, all of a sudden, your strategy doesn't work anymore. What are you going to do? Right? So I think I'm going to wrap it up, guys. I'm going to get back to the room. I'm going to answer PMS. I'm going to answer questions. Don't forget to leave a like on the video. Don't forget to leave a comment on the video. And I will hopefully see you guys back again tomorrow. So stay safe. Don't bleed out your account. Take your time. And this is the perfect time to invest in your education and learn a new strategy that's going to teach you how to profit. So thanks, guys, and I'll see you later.