 All right, guys. I'm going to clean up the lens and get started. All right, what's up, everyone? This is another YouTube live from Miami. Weather is beautiful here. Back in Jersey, it's cold, rain. Probably snow is gonna be coming. So just trying to milk out Miami as much as possible. So a couple of things I want to talk about before my trading today is if you don't know, this weekend, this past weekend, we held our first meetup, our first meetup of 2020. So a lot of people that don't know about MIC or maybe you guys are just new members is when MIC first started, guys, our goal and our vision was to kind of unite traders around the world. I am very quiet. I'm very shy. MIC has forced me to kind of step out of my shell, but I know what it's like to be a trader and to have people not understand what trading is, right? People just think it's gambling. People, if you talk to anyone about trading, if you're up a hundred down, up a thousand down a thousand, the problem is that people just think you're gambling, right? People don't really understand what you're doing. And for the longest time, that Bao and I were trading together, although we were making so much money together, we kind of start to think like, what's the point, right? So we thought to ourselves, this is kind of lonely, right? Like what is the point of having all this money? What is the point of trading? What is the point if we can't do something more than that, right? And traders are very lonely. They don't really leave the comfort of their home. They're very introverted. So we said, you know what? Why not bring traders together? So when MIC first started, our goal was to have a meetup every single month and every other month. So in 2019, before COVID hit in a span of 12 months, I think we had about seven meetups. So one about every other month. We had meetups in Hawaii, California, San Jose, Texas, Boston, Florida, I think. Bao went to London, Bao went to France. So we had meetups all around the world, guys. Canada, I think we did fucking everything. So what ended up happening is when COVID hit, we weren't able to throw any meetups. We weren't able to travel. We weren't able to see any traders, right? And that kind of discouraged us because here we are back again, making all this money, being lonely, being at home, not being able to interact and meet people, right? Because I'm very passionate about trading. I love trading. It's something that brings me happiness, right? And I can't talk to my hometown friends about it because they all have nine to five jobs, they all have real work, and they really just don't get it. They don't get it. So being able to meet with other people that have the same passion as me, that have something that we share in common is something that's really, really unique and really special. So in Florida, I was planning on staying for three days. I ended up staying for three weeks. And Bow was like, you know what, bro? I'm sick of being at home. I'm gonna come too. Like I'm gonna come to Florida. Let's hang out. Let's have a good time. And then as soon as Bow came to Florida, we said, you know what? The governor here is very loose with restrictions. Everything is open. Let's throw a meetup. So on one week notice, we threw a meetup. And, you know, our meetups used to be very small because MIC is still pretty new. You know, we've only been around for about two years. When we first started our meetups, our first ever New York meetup had about 10 people. Our second New York meetup had about like 50 people. So we were actually anticipating maybe like 20 people to show up to the Miami meetup. And to our surprise, we had about 50 or 60 people show up. You know, MIC members, non-members, traders from around the country flying in. And, you know, to me, we don't charge for these meetups. We don't charge for these events. We keep them free. So to me, if you have the opportunity, to me, someone like me, someone like Bow, and it's free, you would be stupid not to at least come and check it out, right? So we had everyone, I was talking to members. I was talking to non-members. It was a great experience. And then after the bar kind of kicked us out because we weren't ordering enough drinks, I was drinking mostly water because I was just, I don't really like to drink at the meetups, I like to just drink water. So the bar kicked us out. And you know what, it's Bow said, Bow said, you know what, everyone come back to the room, right? So all the people that came to the meetup, we went back to Bow's penthouse room that he had. We all just hung out, talked a little bit, had a more intimate setting. So overall the Miami meetup was a success. We had a videographer come and take photos and videos. So I'm gonna post those when they're ready. And this is just to start to many more meetups guys. So what we came up with is if you are an MIC lifetime member and would like to be a meetup ambassador in your hometown, MIC would like to sponsor your meetup. So let's say you are a lifetime member in Boston and you wanna host a meetup, let me know about it. We'll make it public, we will announce it and then MIC will pay for everything for the meetup. So again, if you are a lifetime member and would like to be a meetup ambassador, let me know and we will take it from there. So probably gonna work with Oliver as well to take the lead on this stuff because he's really good at events. So yeah, more MIC meetups to come as the COVID restrictions end guys. And for everyone that attended the meetup, thank you for coming, for everyone that had questions and came prepared. One of the members came and he brought out like a printout of a chart and we went over the chart together. And you know what the consensus was from the meetup guys? They're like, I joined XYZ guru for $6,000 for a challenge. I joined XYZ pro program for $4,000 a year. I joined this text message alert platform and everything. And I can't believe that MIC is doing it for 200 a month and providing more values to anyone else. There was one member that came and said that he paid $6,000 for a challenge program. And anytime he DMed that owner, never got a response. So what I don't understand is every single person blows all their money on all the scammers at first. And then they come to MIC last and they're like, holy shit, I can't believe it. So again, guys, do your research, find out what is going on. Remember that your goal of finding a community is not to look at the guys on top. The guys on top are always making money. Your goal is to find members that are joining this community that are consistently making money. And that is what we pride ourselves on at MIC. So that's the, for the meetup. So let's talk about trading guys. Oh, also one more thing is for everyone that attended the meetup, we gave them a special 40% discount on MIC memberships, right? So I talked about it and he kind of felt a little bit bad. So what we're gonna do is the first 15 people that text Tosh Miami at 213-458-5997 458-5997 will get access to that MIC meetup discount, right? So we're only gonna do limited quantities of this. I really didn't wanna provide this to everyone about told me to do it because he kind of felt bad. So again, guys, we are discounting some memberships for the people that attended the meetup. And for those that are not attending the meetup, for those that see this video, text Tosh Miami 213-458-5997. So that's it for the Miami meetup, more meetups to come guys. Let's talk about trading today. So again, guys, Mondays are usually the toughest days, right? And why are Mondays the toughest days? It's because over the weekend, we traders, us traders, are very excited to start trading again, right? I haven't traded on Saturday. I haven't traded on Sunday. When I come to the market on Monday, I'm ready to fucking go. I'm jacked up, I'm handsome, I'm ready to go. Problem is that when you start feeling that way, that is very dangerous and that is very toxic because now you have FOMO. You're excited. You're trying to run before you can walk, right? So today we had a stock, Lizzie, L-I-Z-I guys. So the thing about Lizzie was, there was another stock running today. What was the ticker guys? It was something with an MD, MD something. It's currently halted. So as soon as someone kind of says it in the chat here, I will mention it, but MDLY. So MDLY was the hot chick of the day this morning. It had abnormal volume pre-market. It had about 20 million shares traded pre-market and that to me told me that it was the hot chick of the day. So when MDLY had all this attention and all this volume, my focus was on Lizzie because L-I-Z-I had less volume and had less attention. So what ended up happening today was MDLY ended up popping up, coming down, and then going lower and halting down. So when this stock halted and when this stock kind of started to take all that money out of that stock started flowing into the next one. So the way the market works in a small cap world and penny stock world and scam world is people just want the next hot thing, right? They don't care what the hell's happening here. They don't care what the hell's happening there. If this is stock over here is shiny and this stock is moving, the money is going there, right? So we call that the hot chick of the day. So whenever there's a hot chick on the day that is usually the hardest stock to trade because it has the most attention on the day, right? So when this stock halted all the money flew into Lizzie, right? So we made a plan in the morning, right? What was my plan on Lizzie and why did I lose money on it? So my plan on Lizzie was to short the 420 line which was VWAP and the 440 line which was pre-market resistance with a 450 hard stop guys. So my plan was to short the resistance levels and if it surpassed high of the day that meant that my trade thesis was no longer active which meant that I had to get out of the stock. So in the morning, I shorted 420, I shorted 440. Stock was kind of consolidating around 410 and 415 for the rest of the morning and I told the members in the room, my plan is this, if it goes under 390, I want to add short. If it goes above 450, my trade thesis is no longer active and I want to stop out. What we have to remember guys is that to be lasting in a trading career you need to make sure you do not blow up your account, a lot of times what happens is people just blow up their account, blow up their account, blow up their account. They have 100 green days in a row and then that one red day blows up their entire account and that is because they do not manage their risk. So a very quick lesson that you should be learning is this, your max loss of the day should never be more than a day's worth of work. If you are making $150 a day, your max loss must be $150 a day. You only want to lose a day's worth of work to be able to make it back. If your daily income is $100 a day and you lose $500 a day, it's gonna take you a week to make back that money. You're gonna be mentally unstable and it's not gonna work out. So today, what was my plan? Again, 420, 440, stop out at 450. If I stop out at 450, that means my trade thesis is no longer active. So what happened? A chat room came in, a very notorious pump and dump chat room that pumps pre-market came in and bought at 450. As soon as he bought at 450, my hard stock went off and the stock went to 470, okay? So after that, I told the guys in the room, I am out. My trade thesis is wrong. I was wrong, I got out. It is okay to be wrong in the market, guys. I am not a genius. I don't win all the time. I have a 90% win rate, but that 10% of the time I lose, you better make sure that my losses are small. So I stopped out of the stock. I stood up from my desk. I walked away for one minute. I got my air, I got some oxygen, I came back to normal because whenever you take a loss, guys, whenever you take a loss, your brain is mentally screwed. It's screwed for a short amount of time. What helps me is I get up and I walk away. I get some air and I come back to normal. So I got back to my desk a minute later and I said this stock has a lower high. Okay, if this stock has a lower high, let me take another short risking that 470 high the day level. So now I stopped out of my trade. The stock topped out, made a lower high indicating weakness, so I took a short there. After I took a short there, the stock started to slowly find its way lower. Now, what happened there? Why didn't the stock squeeze higher? Why didn't it continue? Two things, number one, the move was artificial. A chatroom pumper pumped the stock. It was artificial, it was not a natural move. Anytime there's an artificial pumper, anytime there's an artificial move, chances are that will fail. So that was number one. Number two was that the short locate availability was not too available. For example, if there are too many locates, if a stock is easy to borrow, the stock will get crowded. If there are not too many locates, chances are it will not get too crowded. So the move was artificial and there weren't too many locates. So soon as it topped out, I took a short. And again, I posted my chart for the members in the room. So if you are a member, my chart is in the main trading channel. I took a short at two fifths at, what was it? 450, right, 450. And my stop was 470. So I was risking 20 cents again. And as the stock went lower, I just covered and covered and covered. Now, I covered that VWAP, which is usually support. Now my thought process was this. If the stock breaks under VWAP, I want to get back short again because the stock is now broken. So as the stock broke VWAP, I got back in. So I got back in at like 410, 415. I got out at like 390 and I still walked away a red day, right? Because I didn't want to oversize. I did not want to revenge trade. There are plenty of people on Twitter, on the internet that are revenge trading. They lose on one trade short, they go long quadruple the size on long. They lose on that long trade, they quintuple their trade on the short. That is not trading guys, that is gambling. We are not gamblers here. We're not doing any of that shit, right? So I walked away a loser today. And you know what's normal? I have losing days just like anyone else, but why am I happy today? Why am I proud today? Why do I feel good today? I feel good today because I only lost one 20th of a week's sleep paycheck, right? Last week I made $20,000, right? Last week I made $20,000. Today I lost $1,000. I'm probably gonna make more than $1,000 tomorrow. And that is because my losses are small today guys. The reason why MIC is so good and so special is we are the only community out there teaching you risk management. Yes, we are teaching you how to make money but the more important part is we are teaching you how to keep that money in your pocket. That is called risk management, right? You want to learn from someone that keeps their losses small. Anyone can make money in the market, but most cannot keep the money in the market. And that is what we teach guys. We teach you risk management. So ask yourself, did you lose more than $200 a day on a trade that you did not manage your risk? That $200 that you lost could pay for a month's worth of education that will teach you how to keep $2,000 in your pocket guys. That is the point. That is why MIC is special. We teach you the lessons of professional traders from professional traders making money consistently guys. So do you see the value here? Do you see what I'm trying to show you? I am not someone that makes a shit load of money every single day, but you better believe that I am very consistent. I have a 90% win rate in this market and when I do lose, I am losing $1,000 a day. When I win, I'm making $5,000 a day and that is what MIC is all about guys. We are teaching you risk management. We are teaching you the process. We are teaching you how to pre-plan your trades. If you look at the morning watches today guys, I had five stocks on the watch list and one of them was VVPR. My plan on VVPR pre-market was short $16, short $1650 and short $17. If you look at the chart at zombie times at $1030, it bounds right to $16. So if you had your fantasy order there at $16, just like the watch list said, you would have made enough money to pay for a year's worth of MIC and that is what people don't understand guys. Remember that to be a good trader, you must go to trading school. To be a good doctor, you must go to medical school. To be a good lawyer, you must go to law school. I am making more than most doctors and most lawyers working a 10th of the time, right? I am up a million dollars this year, all verified brokers, everything, right? So the point is that I had to go to trading school to get there. You know what my trading school was? Losing money. MIC didn't exist before. I had to lose money to learn what to do. Bao and I took those lessons and we provided you with the Harvard of trading schools, which is MIC guys, right? So if you are serious about your trading, if you think that you have the ability to do this, right, I'm just a normal fucking guy that used to work at Starbucks six years ago, right? And if I could do it, you could do it. The point that I'm trying to make guys is you have to be patient. If you want to make more than a doctor, you have to realize that it's not gonna take you six years to get there, but with MIC, maybe it's gonna take you one year to get there, right? If I told you that you had to sacrifice a year to learn, to obsess, to watch the videos and you have the potential to make six figures a year, every single person would take that, but you forget that nothing is guaranteed in this world. You have to work to get there, right? I'm making more than a doctor. I'm making more than a lawyer and we are passing these lessons down to you and the only way to get there is to go to training school. Here's the problem, people join the monthly membership, right? And they feel like, okay, after a month, I'm gonna make it a hundred K a month because trading is easy and everyone's making money. If you went to medical school, do you think they would let you operate on someone after one month? Fuck no, fuck no. You need to have training. You need to have practice. You need to have education. You need to be mentored guys, right? You need to be mentored and you should be mentored from the best of the best in the industry, the people making consistent money, the people showing their losses, the people not revenge trading, the people not pumping, the people providing you with value, the people that you can meet in person at meetups guys. The reason why no one else throws meetups is because they don't give a shit about you. They only care about your money. Our meetups are free. We don't make money. We lose money on our meetups, right? So that is the point guys. No one else could throw meetups too because after they take your $6,000 for their pro or starter program, they'll never talk to you again. They'll never speak to you again. You won't ever see them again guys. So this is what makes MIC special. We are here every day showing you what it is like. We are here showing you the process every single day, every single week of what it is like to be a professional trader in the market. I make a million dollars a year training for one hour a day. I did not get there overnight. I am six and a half years into my journey. Had I had MIC, I am confident I would get to those results in two years, right? So guys, the point is, is put in the work and you will be rewarded. Never did I think I would be able to come to Miami and have a view like this on a whim. I literally left the comfort of my home, came to Miami on a private jet, bought a computer from Best Buy and made fucking 50 times that return in just two weeks guys. And this is what it is all about. People always think it happens overnight. People always think that I have some special gift. You know what my special gift is? I outwork every other motherfucker out there. I'm not smart, I'm not fucking genius, but what I do is I make up for that in hard work guys. And that is the point. I am the hardest working motherfucker in the room and that is why I'm successful. I mentioned this before and it really stuck to a lot of people and it was that before any video is posted in the MIC video library, we have about a thousand member only videos. Before every single video is posted, I am the guy that watches it. I am the guy that reviews it and I am the guy that uploads it. So if someone like me is putting in the work and watching the videos every single day, you have no excuse not to. You see me, you see my success and I tell you what I do every single day and that is the point guys. So that's that. And again, remember Textosh Miami at two, one, three, four, five, eight, five, nine, nine, seven for that special discount. Now let's open it up to a brief five minute Q&A where I will start answering your questions. Also guys, before we start the Q&A, another thing that I want to mention is this. I'm doing something special for everyone that watches these videos. So what I do now is if you comment on this video and type in one lesson that you learned from this video, I pick everyone at random once a week to win a free month of MIC. So today what I'm going to do is this. If you comment with one lesson that you learned from this video, I will give one lucky person the Accelerator course. The Accelerator course is a seven hour course that takes someone that doesn't know anything about trading to place in their first trade in seven hours. The normal price of this course is $1,000. So I lost $1,000 a day and I'm going to lose another thousand to give one of you guys the Accelerated course. So comment one lesson that you learned on this video for a chance to win the Accelerated course. Now let's get into questions. Are you still using 30% of your full size up to 440? If so, where would you have added? So yes, the 30% rule tells us that if the stock is above VWAP, we are only allowed to use 30% of our size. Because the stock was above VWAP, I only use 30% of my size and that is why my loss was so small. I mentioned to the guys in the room that if the stock goes under 390, that that would be my area to size in. Post the specs of your Best Buy computer if you can. Honestly guys, I have no fucking clue what computer this is. I just bought the shittiest computer there. I'll show you guys what it looks like real quick. This is what it looks like. I got no fucking clue what it is, but I just bought the cheapest computer that they had. Let me get back to some questions. Lizzie, death candle, but still squeeze. Can you explain that please? Yeah, I mentioned that a chat room pumper pumped it up and as soon as they pumped it up, every single one of their members that brought the pro program to start a program all lost all their fucking money plus more guys. Would I ever go back to prop trading? I would not because they took a large percentage of my profits and I don't need them, they need me. Still looking at some questions here. And again guys, remember comment on the video not in the live chat. Why did I not want to scale into the 480s and cut it after 450? Well, my plan was to cut it at 450 to manage my risk to keep my loss small. And then if it got even higher, I could get back in but I just wanted to make sure. I just wanted to make sure that my loss was small. I wanted to make sure that my loss was small guys. At the end of the day, my goal is to keep my loss is smaller than my winners. If I'm making $5,000 a day, my max loss is 5,000. So today I didn't even hit my max loss. I hit 20% of my max loss today and I feel fucking great because I know I'm gonna make way more than $1,000 tomorrow guys. So again, you want to learn from the people making money consistently, from the people not revenge trading, from the people not losing hundreds of thousands of dollars a day guys. You want to learn from us. I am consistently here every single day, every single week, making a thousand to $4,000 a day. I am here recapping it and if you come to Miami you can fucking meet me too. No one else does this, right? And you know what the best part is? We are significantly cheaper than anyone else out there. We don't charge you $5,000 for a pro program. We don't charge you $10,000 to meet us. We charge you $200 guys and that is it. So I am going to wrap it up and again, remember text Tosh at 213-458-5997 and remember to leave one lesson. I will pick the winner of the accelerated course today. So comment, comment, comment. And maybe if you comment twice you'll have two entries. Don't tell anyone that though. All right guys, thank you so much and I will see you back in the room.