 This is a great chance for you to if you're a trader to finally take vacation guys and Super slow day made a couple thousand dollars, but you think about this guys. I mean this we are so spoiled where In half an hour you make two thousand dollars and half an hour. It's a shitty day Where the hell in the world is making two thousand dollars sitting on your fucking ass You know a shitty day Only in training these do you hear people complain about making money? clicking buttons and That's why I have to remind myself every day every day The problem with traders is this guys is never enough and that's why most traders do not make it Most traders don't make it is because No, it's never enough for them Okay, when is enough enough? That's a good question. It's like when you make a hundred bucks You want 200 bucks when you make a thousand you want two thousand when you make ten thousand so always remember Where you came from? Always remember that how many years ago you wish you could be even trading you wish you can just make 500 bucks Entire day working at a nine to five and For for those that are making a thousand dollars and calling it a shitty slow day I mean that there's something wrong with your head right guys. We are way too spoiled. We are all this So this is the mentality that you need to remember if you want to survive the next in my opinion next few years Because what's gonna happen is this guys? Whoa, what's going on? I thought to make you what's gonna happen to this guy. It's gonna get very difficult for you Most of you guys are not gonna make it The bear markets are coming how many guys are still around during the bear market times guys I Don't see many people And the reason I made it is because I kept my ego in check. I was okay with taking Hundred-dollar days or not even working. You have to basically Be okay. This is why you see all the pumpers. I do not know what they're doing losing their ass They make money and they lose it completely because they don't know what the fuck they're doing. They're never fucking happy These markets are not difficult guys. They're not fucking difficult. I I think I had one Maybe one red day the entire year. I mean dude You know, it's a small one, you know You know, we're all smug thin. I made two thousand bucks today to me That's I mean and I'm thinking myself. That's a fucking shitty day today, but it's not a shitty day it's only shitty is because I Made it so stress-free guys so stress-free that it didn't feel as if I earned it How many times have you fought entire day? You're fucking upside down on a stock and then you break even you feel fucking accomplished you're like, oh my god Do I work my ass off? So sometimes traders take for granted the fact that it's way too fucking easy And when things are too easy, you start to think maybe I can make more maybe maybe I can make more And so you you press yourself to the point where You know, you feel like you have to earn it and that's the wrong mentality guys. That's the wrong fucking mentality Remember why you trade you trade for many different reasons to help your family financial freedom Whatever the hell it may be right guys never forget that At some point you're gonna become Maybe you're here now. Okay, I Don't know how else to say guys as I am seeing people blow up left and right Pumpers right now are losing their ass off because they're comparing themselves To how the markets were last year the year before when things were hella easy No one's gonna fuck you get you're gonna see people blow up left and right. I'm tearing up when the market starts To go down people gonna blow up because the reason why is because this guy's markets not difficult markets are not difficult But it's very unforgiving right now There's no opportunity if you fuck up if you have bad habits, you will blow up. There is no recovery Some of these stocks will never fucking bounce ever ever again If you do not have proper risk management keep adding to zero it will go down to zero Look at the charge from 2008 look at the Nasdaq during the dot-com bubble You will lose that your entire fucking fortune and people are already losing their entire fortunes I've seen guy down fucking five million dollars six months. What's this? You know things like that? Do they think the market's gonna have to fucking go back and so these markets are not difficult guys they are What they are is very unforgiving okay You screw up is game over. Okay? This is why I'm being very very extra careful That I don't fucking step into any stupid things because the days the easy days are over People are fucking not getting bailed out anymore guys. So so I'm telling you right now The bad habits are gonna catch up to you And so I'm sitting in my hotel room. I'm like dude. I'm up to grand Let me show you. I'm I started an educational account Just to fucking show you this year because this year if people were going to have trouble And so this educational account Started with twenty five thousand dollars this year We are now at forty six forty seven thousand in Three weeks I Didn't make much money But what I did was you know what man these things add up every fucking day and this is a small account that anybody can do Guys they started with twenty five thousand dollars Take a look at this if you do a thousand dollars a day And this is to me pretty damn slow shitty market, right? And I'm able to do that with that 25 I trade with multiple accounts by the way guys. I have a bigger account obviously I make more than this but I'm It doesn't matter what it is. My point is like dude even a thousand dollars a day is this This is not a shitty fucking Income guys, this is off of a twenty five thousand dollar account and We're not telling you to quit your day job We are telling you to supplement your income keep your day job All these guys are trying to tell you to quit your job. Do not fucking quit your job. They are going They're gonna fucking regret it right now when things are going bad you need No, don't quit your job until the opportunity comes where you're losing more money by not trading then go to work And I'm pretty damn sure you guys gonna take a long time before that that that happens guys, so I Mean dude keep your fucking job and you can do this I mean, this is a real I did this on purpose this year because last year a lot of people made a ton of money this year People are fucking struggling Okay, and I'm saying we started with twenty five thousand on this educational account. I want to show you Keep building it up. Okay, beginning beginning the year was much more active, but think about this We almost doubled the account It's this realistic trading guys. I'm telling right now. Yeah, this is this that everybody wants to fucking be the king Kong and No one wants to help The normal guys and I'm telling you these King Kong guys are all fake Alex and I talked about this morning These guys are all fucking fake Because you know how I know they're fake Their lifestyle does not match what they're making if you are a big King Kong guy You you don't be fucking bragging all day at night. You don't see people brag, right? But it doesn't fucking matter The truth is gonna come out this year when Things get tough who's gonna be around I know people blowing up left and right millions of dollars guys So with that in mind I want to Could I feel bad? I feel bad. I do I'm sitting here, and I'm like fucking allies just the last day and then look at my P&L It's like I'm up like a couple thousand bucks or I'm like, dude, that's fucking a great day But anyways if you're serious about trading guys, we have a meetup next Saturday register go and The days of gambling meme stocks AMC Those stocks came over those guys are all gonna get bankrupt and they're already starting to get bankrupt guys, so I'm being very serious on this because you know what I'm just sitting here And I do this to remind myself guys to keep myself fucking humble Alex keeps a stack of ones in his office to remind people How much a dollar goes a long way guys and here I am sitting in my fucking room In a hotel because I visit my family because it was my son's birthday this past weekend, so And I'm like, dude, let's stick around a couple more days, right? So and here I am in a fucking hotel trading one hour Fell asleep at the keyboard and thinking myself dude. I remember You know When I graduated college my goal is just to fucking make You know a hundred grand by time I was 30 years old so my goal when I graduated college was to make a hundred grand by time I'm 30 years old There are days when I trade I make that over that in one day right guys, so I mean so we're blessed as fuck is We just have to humble ourselves and if you humble yourself, I guarantee you will succeed It is the greedy people that is going to blow up in these markets Anything that I'm missing Alex because I really don't know what to talk about how to trade in the bear market. Oh, yeah so number one you have to understand that Bad habits will catch up to you and you see it already man some of these stocks. They're just gonna fucking blow you up so you have to have good you basically Have to be very disciplined and be okay with just taking what the market gives you You know at putting risk in control and all this kind of stuff better yet Just fucking take off if you see there's nothing moving. Just just take off Don't sit around and fucking try to find a trade I Only trade a few stocks today, and that's all you need. Let me see any questions guys Trading a bear market is the same thing as trading on a fucking normal market. There's no fucking difference guys The difference is there's less opportunities. You know, there's lots. How many stocks went up today Alex Not maybe stocks went up today But those stocks that went up I made money and I posted my chart on Twitter guys And I took a look there's always opportunity if you're patient enough Okay, you have to take what the market is you know today I Got a few trades and that's all you needed to make that money, right? so When the opportunity comes we will size up but until then grind man There's nothing wrong with grinding a hundred dollars a thousand dollars two thousand dollars a day So you're serious about trading guys next Saturday. We have to meet up. There's um I don't know what else to say We will talk about the bear markets. We'll talk about all the stuff because you know I meant this came at a perfect fucking time yesterday man people sold the bottom I know guys are at liquidated because they're over a leverage. So do not over leverage guys Do not think that the market has to go up look at crypto crypto That's killed a lot of people right now Any question guys What are your size limits today? Why does that fucking even matter bro? It depends on the stock, right? I hate talking about size like why why do you care? You want to take a look at my penis size? I have no idea why you ask these questions. First of all size don't mean anything. I could I could be trading an $80 stock I can be training an 80 cent stock size is irrelevant So I'm sitting here. I'm there. I'm I'm like, dude, I Don't want to do any more to help you guys because because I'm like man We are all frustrated. We're tired as hell And today I'm just laughing at the fact of the pumper you know he All his trade their single trade was fucking red. He's done like 36 to 37 thousand dollars and And it's like he doesn't understand why It's just funny because I'm like dude. These are not the same market conditions You know I'm saying it's kind of like you can't just be randomly pumping random shit anymore. It doesn't work anymore Remember guys. This is not a difficult market. I Still make money pretty much every day and this year same as Alex, you know, it's not difficult It's just unforgiving and not many opportunities fucking Would you pivot to NFT? What the fuck NFTs to a bear market dude empty just got started What do you want me in a bear market people not making fucking money? You think they're gonna be paying half a million dollars for a fucking picture of a monkey? You're gonna see very soon Crypto has tanked that monkey is worth half of what it's worth now or a third because of or two-thirds Because Ethereum went down a lot you will fucking see So take a few more questions guys, and I'm seeing what if I miss anything out Alex How to trade the bear markets guys is the same fucking thing. I don't see any difference guys The only difference is you have to be more disciplined. You have to be more patient and you have to be Realistic with your expectations of how much these stocks will run up or down Because the volume is less. It's just in order for you to have big days These stocks have to have big range. So a lot of the times there's no more range on these stocks Doesn't mean you size up to make the fact you don't size up guys. You trade the same you just You know you just got to be happy with what the market and what your process gives you Do you trade spy? I don't trace by I trade what so this is a good question guys. I Trade my niche which is small caps So when days that there are no small cap renters I like I don't just randomly pull up the spy chart and start trading like a junkie. I do not deviate from my Strategy the reason is like if I'm 90% effective on my niche Why the hell am I going out and battling Mike Tyson in a market? I don't understand such as the futures, right? The reason why go small caps is this less competition in my opinion The spy are smart ass people with billions of dollars. How could I compete with that? So you find your edge you find your niche guys and then you stick to it and Doesn't mean that you stop trading and learning. Okay. I I started as a long bias trader. I Started the penny stock trader now. I do shorting. I do so along the way you add to your toolbox you add to your Playbook and then over time you become a will Will experience or well like around Trader, right So such as like I'll give you example like golfing Some guys are great drivers. They get strong, but they can't put for shit. So they there's a saying like Drive for show put for dough drive for show put for dough and over time, you know You developed your your your short game your long game You middle fubs games your irons and all that guys because you cannot win You know when a PGA golfing major unless you're well-rounded just because you you hit the ball the longest Doesn't mean you're gonna win the tournament. You have to have the entire package Same thing with trading guys. You start with one thing. I just didn't wake up one day and say hey I can do this. It started, you know one building block at a time one foot at a time Any other questions? What am I missing Alex? I just want to keep it short and sweet today because you know a man Not much moving but doesn't mean I'm gonna pretty much end my day right now because I know what's gonna happen man Sit around sit around and we get bored and I want to use a cushion game. I'm like, hey, I'm up today Why don't I just gamble and next you know, dude? I just ruined my entire day because I Was not happy with what the results that I did. I Always wanted more you make trading is The profession where there's no endgame People say it's a marathon not a sprint, but this is the marathon with no finish line You determine what the finish line is you can run and run and run through fucking ever and that's the problem A lot of these guys now is never good enough. Sometimes you have to close the laptop and you have to be finished Okay, and that's how you make your money. You keep your money Making money is not that hard in my opinion keeping the money is very difficult Keeping the money having the discipline not to go back and over trade Cool guys anything. I'm missing Alex. I'm sorry. You want to come on or That's it guys. That's that's pretty much Tomorrow I think I don't know we have a webinar tomorrow because Tosh is a little sick You know so but if he's not if he's well, then we'll do it You know, otherwise, we're gonna have to cancel it tomorrow unless he's touching it's better So but in the meantime if you want it if you want to join the meetup go to our website my investment club comm slash meetup This is your opportunity guys. We have almost 200 people registered. There's security. There's all this stuff So this this is your opportunity guys to finally finally meet real traders No bullshit guys, no fucking bullshit All right guys, we'll see you at the meetup on Saturday. Okay guys. Don't don't miss this event guys No mass needed nothing cuz we're doing this at the park. Okay, so see you