 The stocks push to the previous close and fail. So I'm basically shorting that previous close fail. I think that's gonna come right back down. A lot of people think this is easy, but it's really hard, man. But the longer you do it, the easier it gets. That's definitely a fact, bro. Right, no, this guy just died. Yo. What are we doing today? I don't know, bro. We had to change my solo cups. My girlfriend's banging my head just so I'm gonna get cancer if I keep drinking it out of the red solo cup. So I bought this shit on Amazon I mean, so far we're green. So let's see what happens. Well, you bought them in color red and they came. I bought them in red and they sent me the wrong ones. They sent me this tan color. Yeah. I don't know. It's like a vanilla. Yeah, it's black. But here we are, bro. Let's hope it's good luck, man. So we have two trades so far, bro. So trade number one is this SILO. Shot right up from 480 to 680. I basically shorted it after it topped out, made some money, reshorted it, and then just completely cratered without me. Made about $1,000 on this trade and this AMPX here is the one we're scaling into right now. This stock, basically I'm just shorting. So this stock ran up yesterday. Ran up yesterday, ran up yesterday, ran up yesterday. Pulled back. So now I'm just shorting the bounce. Oftentimes this is the previous close line. Oftentimes the stocks push to the previous close and fail. So I'm basically shorting that previous close fail. Thinking that it's gonna come right back down. I have about a 10.91 average and it's at 10.91. So let's see what happens here. Maybe there's just runners in the morning, huh? Yeah, so it's AMPX. Was a runner from yesterday. Went from six to 11.50 and pulled back. Pulled back to nine bucks. So it's pretty much bouncing to $11 on air. Bouncing on air. So oftentimes these stocks push to the previous close and pull back. So that's the trade I'm taking. I'm shorting the previous close here. So pretty much on this one, bro, we're looking for a pullback to be wafted if we can get it. We're in two trades at four, nine o'clock. So that doesn't happen every day. So that's- It basically just tells you what the opportunity is for the day, right? Yeah, let's see what's gonna happen, bro. We don't know. It's been a really slow market lately. There hasn't really been much money to be made. So we're pretty much just trying to squeeze water out of a rock these days. Yeah, having like 12, 13 trading days on my belt now. Yeah, what do you think? I'm looking, I'm seeing, man. I'm seeing how hard it's to scrap a couple bucks, man. Some of these days, isn't it? It's not easy, bro. It's not easy. A lot of people think this is easy, but it's really hard, man. But the longer you do it, the easier it gets. That's definitely a fact, bro. I'm telling you, the longer you do it, the easier it gets. Like for example, bro, this setup of shorting the red to green resistance, I would say it's a high probability setup. It's a high probability setup because the stock already went from nine. Went from nine to 11. So it's a little bit extended and it's at the previous day's close. So that gives me a good opportunity for a fail. If this stock was at nine bucks and the previous close was nine 20, it wouldn't work as well because it's not also extended. So it's extended and it's a previous close rejection. Well, you never know, bro. This should just make reclaim and just go straight up. So for the new traders or the guys that don't really trade pre-market, would you say there's more opportunity sometimes? You know what it is, bro? Pre-market is a lot riskier. Pre-market is a lot riskier and I don't recommend it for trade. Like most traders, and I give myself a pre-market side. So if I'm trading pre-market, I limit myself to like 2,000 shares. I don't want to use more than 2,000 shares because that's like the size for me that I don't get like emotional. So in case things go wrong, it doesn't screw up my day because what ends up happening is you trade pre-market, you lose pre-market and then you're just like on tilt in the morning. You know what I'm saying? When you start playing the game, trying to get somebody back. When you start playing around. But this AMPX is the same trade I would have taken at the open. So if this did the same thing at the open where it just pushed and rejected the red to green line, I would have taken that same trade. So I'm pretty much pre-market taking the same trades I would take at the open. So let's see. We're coming right back down. So now we're basically looking for a death candle on the VWAP here, huh? We would love a death candle, but just in case we don't get one, I'm gonna take a little bit of profits. Jeez, that was all pre-market, huh? It's short as 650, about six bucks and now it's at five bucks. So that's trading, bro. That's trading. What's going on right now? This AMPX was trying to dip and just kind of push back. But what we want to see here, bro, is we want to see sellers come in and just jam it right back down. We want to see sellers coming right at that red to green line. You know what I'm saying? We want sellers at 11 bucks. So hopefully, hopefully the sellers come in and then it goes craters down. This is why pre-market is very dangerous, bro. It's very like, the moves happen very fast. Choppy with print. Yeah, you know, I'm into my slow stocks these days. Yeah, I mean, George has found that he likes the low-hanging fruit stocks. So that's where he's focusing. Yeah, like, Tom is putting out some pretty good stocks. So that's a, I don't know if I'm looking for it. Yeah, Tom being a lot of money trade low-hanging fruit stocks where he focuses. Right. Okay, we failed. That's really good. Idealist thing goes under 1070. 1070 is the whole thing up so far. Yeah, look, you're gonna see some here. Yeah, 1065, about 1070 is a lot cleaner. Anything could happen right now. That's still early pre-market. There's 30 minutes until the market open. Everything is a lot choppier. That's why pre-market. Can you call this like zombie hour? No, just call it pre-market, bro. Pre-market is just choppy. It's just choppy. That's why I don't use a lot of size pre-market. That's why I don't get too aggressive pre-market. That's why I don't like look for home runs pre-market. I'm just trying to take a small scale. Right. Thought processes, red to green is gonna fail. Red to green is still failing. So as long as it keeps failing, then I keep waiting. That trade is it hitting that line and failing. That's the exact trick. Right. It also helps that it's bouncing from $9 to $11. It helps that $11 is a whole dollar. Like there's a lot of signals here that I'm seeing that are telling me that this is a good trade. It bounced $2 a share from nine to 11. It's failing the red to green line and the $11 whole dollar is failing. Man, it seems like you can, like, you know, all the boxes check you get size in, but again, it's pre-market. If it wasn't pre-market, I'd be sizing it. But yes, it checked all the boxes. Just checking the boxes. 1065, 1065. Come on, 1063, 1060, 1056. Oh, let's see, I like to see you cut. Bro, we're over here scrapping for hundreds of dollars, bro, we're fucking scrapping. We have a new stock running. TTOO, and with a new stock running, what happens to our old stock? So what people do, bro, is when a new stock runs, they sell the old one and buy the new one, right? So to me, bro, that's perfect timing. Look, 905 is when this moved, 905 is when that moved. There's a concept we call money flow. Money flow happens when one stock is hot, a new stock shows up, and money flows out of the old hot stock into the new hot stock, which causes the first stock to go down. So that's kind of what, that's a big concept that we talk about. So does that have to do with like the hot chick? Yeah, so the hot chick rotates from this stock to this stock. Right. And that causes money to be moved from this stock to this stock. You don't mean about hot chicks, bro, I'm not into the hot chicks anymore. George got burned by one hot chick and he says he's never trading one again. Give me the ugly chick, bro. Let's see if you listen, bro. Give me the fat chick, bro. So I have an order at 10.42 to cover some. It hit 10.41 the lowest, so. If this was market open, it'd already be down there just because pre-market's still choppy. Right. And what's gonna happen, bro, is I'm gonna get out and that's gonna tank. Yeah. Tell him. Also, have you noticed that the days that the market's hot in general, like it's easier or harder to trade? Um, hmm. So what I like, bro, is I like when the market is super, super hot and then the next day, people think it's gonna remain hot and the opposite ends up happening. So let me explain. When the market is hot, people are like, all right, I'm gonna buy this, I'm gonna buy this, I'm gonna buy this, I'm gonna buy this, because everything's going up, everything's going up, but that doesn't happen forever. So I like when the market is hot and then the next day, it kinda cools off because people buying, buying, buying, it stops working. So the first day the market's hot is always more difficult than the days that come after it. Gotcha. As a new trader, I also noticed that the first five to 10 minutes is like extremely important, man. I mean, like when the market opens. If you miss some of the opportunities, I just feel like it just dwindles from there. You know what it is? The first five to 10 minutes is when humans are involved, after that the robots take over and when the robots take over, it's a lot harder to make money. So you're in the first like five to 15 minutes, you're pretty much competing with other humans and then throughout the rest of the day when the robots take over, you can't beat them. I think like 90% of all trading is all like robotic trading. It's all about robots and playing with each other. That's pretty insane. It's nuts. All right Docs, it's like 15 minutes to open. My question to you is, let's say I'm alone, right? And I'm trading and I have 15 minutes left and there's some fast movers. There's, you know, we're talking about the chat and people are identifying these new stocks, you know, the new stocks that are on the watch list. If I'm alone, I don't have the chat open. I don't, how do I, you know, how do I find these new movers on my own? Yeah, so there's a couple of things, bro. Number one is I always suggest being an MIC because we have 2,000 traders watching all different stocks, right? So you have 2,000 eyeballs, well, 4,000 eyeballs could too do, but you have 4,000 eyeballs staring at stocks all day long and gathering information and helping you out. So doing it alone, bro, it just doesn't make sense. Yes, there's ways to do it. Yes, there's some things you could find, but doing it alone doesn't make sense when you have a team of people that are looking for the same thing together. So for me, bro, I'm never gonna be trading alone. I'm never trading alone because together we're generating ideas and maybe I see something that you missed. Maybe you see something that I miss. So having a team helps you. It's like in basketball, bro, you wanna have a team around you to help you. You know, you need the point guard, you need the center, you need the floor, you need everything to help you win the game. In trading, the more of a team you have to generate ideas gives you a better probability to win the game, you know? It makes sense. Yeah, just put your brains together and just, Bro, joining MIC is cheap. You make the money back in like a month or two and that education will last you a lifetime because when the entire world was shut down, when COVID happened, when the entire world was shut down, one thing was open and that was a stock market. Forever, bro, the stock market is not gonna go away. So this is a business that will be around for the rest of your life whereas like Amazon dropshipping, this stat is not gonna be around, bro. You know what I'm saying? So you would rather invest your time and invest your money into a business that is gonna be here literally till the end of time. And even when the entire world is shut down, this business is still operating. Exactly. You know what, to your defense, I saw it firsthand, you know, a couple days when I was trading, someone said, hey, you know, it's getting towards zombie hour. This might run up, I think it was ATXI, you know, I'm shorting it and I got fucking burnt. But yeah. And sometimes where you lose track of time, you lose track of, oh wait, it's 10, 30 AM, it's zombie time, maybe I should stop trading. But if you're alone, you're like, oh, let me just, oh. Yeah, a lot of reminders and helpers in the chat. Bro, this business is already hard enough alone. Don't make it even harder on yourself, you know what I'm saying? Yeah, I mean, ever since that big lost day, every time someone says something in the chat, I'm just like, I can just get out of here, I'm like, bro, you need to be able to have those losses to not do them again. Right. Or else you're never gonna learn. Exactly. All right, the first couple of days I traded, I was like green all the days, I was, you know, small green days, I was all happy and all my high horse and then. You could make money a hundred days in a row, bro, but that one day, you might lose it all. Yeah, and I told you, I have like 15 days of trading. I am green 13 days, but I am in the negative because of those two days of how bad they were. I'm still waiting on it. Yeah, what are we doing over here? That's pre-market, bro. She's not moving. I'm like, yeah, just playing a little game. It might just shoot up at the open. So I'm not sure yet. I guess the plan would be shoot up. You can reshort and then if it just dies, see, you just make your money and walk. There's two potential options. Potential one is it shoots up, or potential two is shoots down. It shoots down, takes the position. It shoots up depending on how much it shoots up. It will either add or exit. All right, so I know, looking at TTOO right here, so that candlestick, so that point on top is like the high that it reached. And then obviously the middle part, the bulkier part is like where it was all, like the whole time. So like this whole thing, it was like in that one minute it was here, right? Yeah. How did something like, like, how does it happen? It was just a pump. It was a quick pump. Oh my God. It looks like it's still rejecting this 11, but now it's starting to get really annoying, I'm not sure. So I guess you have the line at 11-2 rather than like 11-3. Where the tip is. Yeah, I have 11-2 because that's where it was yesterday. Okay. So I'm using yesterday's line. So technically it broke the high yesterday. This was the high, 11-50 was the high. Okay. 11-20 was like that lower high. Cool. All right, we got one minute until the open. This AMPX has been playing games for the last hour. So pretty much I don't really know what the stock is gonna do yet. It might just push and fail. It might just tank. If it kind of just pushes, I'm gonna give it a second to see what it does. But if it just tanks, I'm gonna take a little bit of profits and call it a day. Because it's still rejecting that red to green line. You know what I'm saying? Like the trade thesis is still intact. It's just taking a little bit longer. You know, I tried to cover that dip earlier, but I was one penny away and it just kind of reversed. So just patiently waiting to see what this does. As a new trader, I realized fantasy orders are something nice that I gotta start doing. You should. It's like fishing orders. So you just like throw your fantasy order out. The fantasy order right, like right there. And you're talking about, you know, like, you would have caught that. And the hits, it hits. Yeah. Come on, go down. Cause go down. Come on. Oh, I don't even have any size. So I shouldn't even get in. Excited. Yeah, I'm just gonna try to make like 300 bucks. Hey, I see you're actually zero there, about 20,000 shares, not 2,000. I'm sure that's gonna happen. I'm gonna go to 15 if I do that. Uh-huh, here we go. Oh, wow. Covered some. Oh man. That was a trade, bro. What happened here, I thought was gonna happen here. Right. Well, look, it's pretty good, dude. No, you can't, can't beat that. 2,500 so far. And we've got still plenty of time. Besides for the pre-market you did, I mean, what is it, 3, 9, 34? Oh, wow. Yeah, I told you, bro. I get out, it's going to go down. That's the death I've ever seen one. I don't think about, like, what goes behind these stocks. Like, this is an actual company with, like, possibly people working for this company. And it's just, and it's just f***ing tanking, dude. AMPX is a industrial company. One billion dollar industrial company. What? Yeah, some f***ing people. You're short, there's s***. I need some money, yeah. I'm excited for the hot month of November to come. I hope so, bro. I hope it's hot, because right now shit sucks. Yeah. So this AMPX collapse, if we could get it balanced towards, like, 10, 40 or 10, 60, we'll try to reshort it, but I don't really know what else is gonna happen. Not much else is moving today, huh? Nothing much. Well, what's the key thing on slow days like this out? Not even anything. A lot of times, you're on slow days, you start to step out of your comfort zone, you start to trade random stocks, and you end up losing on the random stocks, you're like, shit, if I just didn't trade, I wouldn't have lost. That's right. So the hardest part is not trading, which is really hard right now. And it should be, because I'm already up with a decent amount of money, but I want more. Yeah. I want more. Such a slow day today. I don't know what the hell to do. I feel like if I stay in front of the screens, I'm gonna lose money. So I just wanna walk away for, like, a minute, check up on the car wash guy, see what he's up to, and then he'll come back. It's like 20 degrees outside right now. That doesn't matter all day. You just, you know. That was a robot, bro. That was a robot. You see it, bro. You see it now, because you used to see it and not understand the trades. Now you understand the trades. Not about the Utah trip that we took. It was unbelievable. He's in the car with the laptop. I was like, I just made like 225. Like, like, like a two minutes. I was like, I'm in a horrible hot spot in his backpack. It's unbelievable. He's like eating something while training or just like laughing, looking at the scenery. It's unbelievable. The most interesting is like trying to not force a trade. Yeah. I have the itch, bro. I have the itch big time. Now I can understand, because now that I started trading, you don't want to sit there and do nothing. But it's like, you also don't want to lose money. Well, I also recorded these trades. So like, I do like a voiceover over them. Okay. That actually takes some time. All right, so it's 10 a.m. here. You know, there's really not much trades left. So I think I'm gonna call it a day, George. Then we're up about $2,500 today. Not bad. Yeah. You know, two trades, SILO, shorted here, got out here, tanked more. AMPX shorted here, got out here, tanked more. So my entries are good. My exits need a little bit of work. But if that's my biggest problem, that I'm not making enough money, that is not too bad, you know what I'm saying? So that's pretty much the day. I mean, some days are slow, some days are hot. Some days the car wash guy comes right before the market open. But other than that, pretty much it's gonna call it a day here, bro. It's like green is good, bro. Green is good. Just take the money and run. Let's go. See you. Until next time. Yup.