 Alright, so a couple things I want to talk about just to get started is me and Bao create a three-two-hour course for non-MIC members. This is an educational course where we teach you some of our kind of strategies. We teach you kind of the basics of trading. The way we have it set up is it's limited seating every single week. So you have to reserve your spot and register to reserve your spot. If you reserve your spot and you cannot make it, please give your spot to someone else. The link is myinvestingclub.co.co. So go there now, register to reserve your spot and the next webinar should be today on Monday. So that's number one. Number two is Bao and I are starting a podcast. We are actually recording the first episode of the podcast after I finished with this live video. So just to kind of tease the first episode is Bao has been around for almost 20 years and I'm not saying that because he's old and I'm not saying that because I want to kind of shoot him down. But just to show how much experience he has, Bao created one of the first free online chat rooms before it was even a thing. So he's seen how chat rooms have changed, how they've turned into pump and dump schemes over time. So the first episode that we are going to record is the evolution of online chat rooms. We're going to talk about without naming names, how chat rooms these days, the owners accumulate stock in private. They tell their moderators to buy it and then pump it to their members. So it's a very shady, shady world out there. So we're going to start to expose everything. We also have a story of how Bao went to UPS and I'm going to actually save that for later. I got like a really expensive haircut. So I want to talk about that too. So it's going to be a little bit of education, a little bit of fun, and then kind of a dive into our daily lives outside of trading. Because remember, Bao's trading day ends at 1 p.m. My trading day ends at 4 p.m. There's still so much time in the day to do a bunch of different shit. So we're going to kind of walk you through our daily lives and the funny stories that we have during our real lives, you know. So again, we're going to record that today. The recording is going to be what we're doing is we're going to put the video version on YouTube and then we're going to put the audio version on like Spotify, Apple Music, Anchor everywhere. So I'll let you guys know when that comes out. So let me talk about trading today. So today was, uh, it was an all right day. I mean, today, I mean, Mondays are the days I usually do the worst. And that is because over the weekend, I am too over eager. I am too anxious to trade. So my entries are usually too early to get in. So I kind of screwed up today. So coming into the day, uh, Xnet was the main runner of the day. This is a China stock. This is a stock that has been in trouble in the past. And after trading these stocks so much, I've learned that the best way for me to make the most amount of money with the least amount of risk is to wait for a stock like that to go red. So today I had a plan in mind. My plan was if Xnet goes red, I will short it. If it does not go red, I will not short it. I just wanted to keep it so simple. So I kept myself safe on that stock, which I am the most proud of today. Uh, usually that's the type of stock that would kind of wipe me out and give me a giant loss that I don't really need. So I focused on the other stock. So what I want to talk about in this video, uh, the question that I get asked the most is what are some good setups for small accounts? You know, I have an account less than 10 grand. I have an account less than five grand. Uh, what should I trade? What should I focus buying the breakout isn't working for me? Uh, all these pump and dump things, they're getting caught in. So what I want to talk about today is what worked for me and what pattern I think is going to work for you. Uh, so number one is whatever there's a stock that has a massive amount of volume on the day called X net, right? Every single trader is watching that stock because it's the hot girl of the day. You know, you go to the bar and, you know, you go and there's a bunch of hot girls there. Most of the time, every single guy is talking to them. Every single guy is going to try to shoot their shot with them. And most of the time, every single guy is not going to win with those girls. Right? So it's the same thing with trading. If you are focused on the hot stock of the day, if you are focused on the hot chick of the day, chances are that you are going to lose money. Chances are it's not going to work out. So anytime you see a stock that is trading abnormal volume, anytime you see a stock that is taking the attention that every single person is talking about, that should be a trigger in your head that says, Oh wait, maybe this isn't a stock that I should be trading. Maybe I should be focusing on the other stuff. And what are the other stuff? What are the other stocks that you want to look at and focus on and take care of? So for me, for me, when I saw that ISE, I see was up and it wasn't really getting much attention, I noticed that there's probably a lack of demand on this stock and if there's a lack of demand on this stock, chances are that it's going to probably go down. Right. So while every single person is focused on ISE, while every single person is focused on XNet, I was focused on ISE. And yes, that was a day one move. Yes, it was up a lot. But my process told me that all I have to do is wait for the stock to tank and then short the bounce. And that's what I did. So the stock went to $195 or $2 at the open, crashed like $170 and basically what I did is I was like, okay, if this pops towards VWAP at $180, if this pops towards the previous high of the day at $190, I want to take a small short at $180. I want to add around $190 and I want to stop around $2. So I only got my first entries at $180. It went to $180. And I think I covered at like $168 or $170, $168 or $160. So I made almost, you know, 15, 20 cents a share on my starter size. Call it, I don't know, 4,000 shares. So I made $800 on that trade. And that was good. That's great. That's exactly what I should have done. So the key to that setup was that I waited for the stock to tank. And then when it bounced to a key resistance level, aka VWAP, is when I had my fantasy orders out to short it. So you never have to be looking for the top on these setups. You never have to be the guy that's fucking nailing $2 and covering at $160. Because most of the time, if you do that, it's going to lead to bad habits. What you should be focusing on is let that stock tank, right? Let it tank and learn the process of shorting that dead cat bounce, right? You want to short the dead cat bounce on that stock. So for example, I tried, I made money on that setup on IC. And then I was a little bit too overconfident and I started shorting CNET. So I had a plan in the morning to short CNET at $170 and at $180 with a stop at $190 and a plan to reshor around $2. So let me repeat that. My plan on CNET was short at $170, add at $180, stop out at $190, and reshor at $2. Okay? So this morning, I stuck to my process. I used my 30% rule. Again, if you do not know what the 30% rule is, scroll through the videos. It's probably in the title or if you're an MIC DM me or DM moderator and we can talk about it, but I use the 30% rule on CNET because it was above VWAP. So I shorted, you know, 15% towards $170, I shorted 15% towards $180, right? And then, and then when the stock went to $190, what I did is I covered out, right? I covered out and I lost money, right? I lost 800 bucks, right? I lost my starter size. I was pissed. I lost the money I lost on IC, but what I did right? What I did right was I stuck to my plan. My plan told me, stop out at $190, motherfucker, so that you could short at $2. Had I not stopped out at $190, I would have stopped out at the high at $2 and lost more money. Instead, after I lost $800, I took a very quick five minute walk, walked in my kitchen, grabbed a glass of water, drank it, answered like an email, and then I got back to my desk. When I got back to my desk, the stock was at $2. So I said, all right, my plan told me if I stop out at $190 and $2 looks like it's topping out, I could get back in and I could reshort this, right? So I'm going to stick this house in. This is fucking sick. Holy fuck. So when I got back, I shorted the $2 line, right? I shorted the $2 line with, again, my 30% of size. I stuck to my rules. After I shorted the $2 line, right? After I shorted the $2 line, I covered at $180, I covered at $170. I made back my loss plus more. I ended up making $1,000 on the second trade after losing $800 on the first trade, so I netted 200 bucks. So all in all, today I made $1,000. And to me, I don't want to sound like a dick. I don't want to sound greedy. I don't want to sound egotistical, but $1,000 is nothing to me. I don't even look at it. I don't even think about it. To me, that feels like a losing day, whereas $1,000 is life changing to other people, and that's just because I'm used to making more money every single day. That's because I'm used to a higher number of higher P&L per day. But at the end of it, when I think back and when I walk like this, I say to myself, $1,000 gets me 10 steak dinners. $1,000 is rent. $1,000 is anything that I want for the entire day. I can't even spend $1,000 in the day in Jersey if I really want to. Val could spend that at San Jose with the places that he goes to, but I can't spend that shit in Jersey. So being a trader, we all want to make a shitload of money. Being a trader, we all want to make 10k a day, 20k a day. But the fact that I made $1,000 a day, the fact that I locked it up with less than an hour trading, the fact that I'm now able to walk and exercise is freedom. I have freedom. That $1,000 is great and it's amazing. But what I really have now is the freedom to do whatever I want. So what I keep telling people is this, people are lazy. It's just the truth. People are fucking lazy. They don't want to watch videos. They don't want to be educated. What they want to do is join a service for $100 a month or $50 a month. And then their guru gets on the microphone and pumps their trades. Their guru gets on a screen share and pumps their trades. They follow those trades and they're going to become a fucking millionaire overnight, right, becoming a millionaire overnight. And the truth of the matter is that is the fastest way to lose your money. Right. That is the fastest way to lose your money. So what I want to make sure is that for all the new traders or traders that are in M.I.C. or people that are just trying to learn, there are no shortcuts for anything. There are no shortcuts to this, right? You will spend, right? You will spend six months or a year of your life studying how to live the next 10 to 20 years free. If you cannot invest six months or a year of your life into learning, then this isn't for you. Everyone wants it overnight. But remember, I've been doing this for six years. Bao has been doing it for 20 years. Tash has been doing it for seven years, right? So all this time we are doing it and we are still trying to improve every single day means that if you are not putting in the work, if you are not watching the videos, if you are not in the proper place to learn, chances are that you are not going to make it. So the next time you find something to the next time you want to try something just because it's cheap, the next time you want to join something because the prices are less. Remember that you are getting less quality for your price. And sometimes it's important to pay up for the education because at the end of the day, you are investing in yourself. So why are you wasting your time with these fucking guru, pump and dump scammers? So yeah, back to back to what I was talking about is the best setup are the stocks that no one else is watching and obviously the low hanging fruit setups. So low hanging fruit is something that we've talked about before. I don't want to really get into it, but those are the two setups that you should be focusing on the most. I had a really funny joke the other day. I mean, the other time I did this live and I was like, people would rather, you know, stay home and smoke weed than, you know, invest in their education and try to improve their trading so that they can make enough money to buy the dispensary. And that's just the truth. At the end of the day, you have to be surrounding yourself with people that have the like-minded attributes that you do. And then from there, you guys improve together. Sorry, I missed the bell's message. Let me go back. Oh, yeah. So you have to ask yourself in trading, right? Did you lose more than $179 in your trades today? Did you lose more than $179 in your trading for the month? If $179 a month or five to $6 a day is too much for your education, right? Number one, college, I went to a very cheap college and I had to pay $20,000 a year for college for four years, right? $20,000 a year to a cheap college in Jersey for four years. Whereas you're paying $179 a month, you're paying 10% of the price to learn how to make more than a college education. I just don't get it. I just don't get it, right? I just don't get it. If you are losing more than $179 a month, you should be an MIC. But again, don't take our work for it. Take the members' work for it. A couple of other things I want to talk about today is I usually like to walk people through my process in the morning. I didn't really do that in the beginning of this video. So I just want to repeat that again, just so that we're all on the same page is that I wake up very early. I wake up around five in the morning or four in the morning. Today I was up at four in the morning trying to wake up a little bit earlier to have more time in the day to do more things. Because the way I see it is if Bao and Tosh and every single other person on the West Coast wakes up at 7 a.m. market time, if I'm up at 4 a.m. market time, I have three, four more hours than them to get more work done, right? So what I like to do is I wake up early. I check what stocks are gapping up. I do my fundamental analysis. I do my technical analysis. I place my fantasy orders. I talk to Bao. I execute. I wait. I set my stops and I walk away a zombie touch. So yeah. So Alex, Alex, how do you say your last name? Chilius? Chilius? Chilius? Sorry. How do you pronounce it? I'm butchering, butchering your name. But the way it's so true is if we could make one trade and pay for your membership for a month. And the way I say it is this, if you have 2000 shares of a stock and you make 10 cents, which is what we teach everyone how to do. We teach you the process to do this. But if you have 2000 shares and you make 10 cents, you make enough to afford your monthly membership in MIC and $20 to fucking Chipotle. If you could do that every single day, if you could make 10 cents on 2000 shares every single day, which is not hard, which is not hard, right? If you could do that every single day, you will be making a shitload of money. You'll be making $1,000 a week, right? You'll be making $4,000 a month. If you just take 2000 shares and make 10 cents. And what I explained to people is if you could replicate that process of taking 2000 shares and making 10 cents, what happens when you upgrade to 5000 shares, 7000 shares, 10,000 shares and you make 10 cents on those fucking setups. Now you are in a different league. Now you're making a core million dollars a year using the same process that you learned, just bigger. Yeah, the reason why this channel has such little subscribers is I'll tell you the truth. We are not scamming people. We are not frauds. The reason why other channels and other communities and all this stuff have massive amounts of following, massive views on YouTube and massive subscribers is because, one, they're selling you the bullshit, right? They're selling you setups that don't fucking work. They're ad spend. I know for a fact is one million dollars a month, right? And they're focused on turning and burning as many members as possible where we focus on retention and we focus on consistency and focus on the members first. What ends up happening is if you join another chat room or a different community, as soon as you're in the door, they have your money and they forget about you. They're on to the next. But ours is different, man. Or we actually give a fuck. We throw free events. I'm not even going to get into it. Fuck that. I broke a record about this shit. Me and Val were talking the other day. There was a trader on YouTube that's female, right? And she's getting like 10,000 views of video. And I'm like, Val, what the fuck is she talking about that? She's getting 10,000 views of video. He's like, I don't know. Go watch it. I'm watching it and I'm losing fucking brain cells watching it. I'm losing fucking brain cells watching it. And then I'm like, oh, wait, she's a girl. Guys want to watch girls even if they're talking about bullshit. They're fantasizing about something else that the girl's going to do. Right. So I'm thinking to myself, damn, Tosh, do you have to put on a skirt now so that we could get more views? I just don't get it. I just don't get it. But it's all right. It's all right. I have one more topic that I want to talk about. What the hell was it? Um, oh, yeah. Yeah, I remember. So I've been teasing this, right? And I'm still going to tease it. I'm not going to talk about it too much, but Bao and I are working on a very, very special project for M.I.C. members. It's going to be ready soon. I don't want to get too into it, but we are going to introduce a program that's exclusive to us that no one else will ever offer ever because they don't have the resources to do it. But we are going to introduce a system or a platform. Actually, how do I how do I say this very carefully? Imagine an M.I.C. hedge fund. That's all I'm going to say. So I got to be very, very careful. Just know that if you are an M.I.C. member, we are grooming you to become amazing traders. And once you become an amazing trader, we are going to have a very special program for you. So that's all I'm going to say. I hope I didn't fuck anything up by saying it, but I should be. I should be good to kind of cover my ass over there. So just know that our community is different than everyone else's. We put the traders first always. And while others are focused on copying what we're doing, we are focused on innovating new things. So I mean, I saw one of the competitors copy our testimonial as the other day. They're going to be copying everything else real soon. But remember, if they are copying us, we are the trend setters. So we will continue to set the trend while others continue to copy us. You guys have any questions for me? Let me open this up to like a Q&A now. And remember, this new thing that we are going to introduce is exclusively for M.I.C. members, exclusively. No other competitor can match this, none of them. Because all of them are fucking frauds. Yep, you won't have to worry about PDT ever again. You guys have any questions for me? I'm going to do a quick Q&A as I walk back home. And then when I get back home, I will start the podcast about. Title says best pattern. I don't want to watch you walk. Why don't you join in earlier and listen to the best pattern, you lazy fuck. Oh, my God, I got to scroll through these comments. Oh, I wanted to ask you about your CNET trade. You didn't use a hard stop. Yes. So the reason why I didn't use a hard stop is because I'm an idiot. I placed the trade. I went to the bathroom. I came back and it got squeezed. So as soon as I jumped out of the bathroom, I had to cover out and exit out. So I kind of screwed that up on my end. What I usually like to do is I like to set a hard stop after my orders, but I really just wasn't thinking clear and I had to really go to the bathroom. I had some espresso in the morning and it got all my shit fucked up. So that's the reason why normally what I do is I set a hard stop after my entries are in there so that even if I have to go walk away to change my tire, you know, I'll be stopped out properly. I said, ask yourself, why am I seeing the most trolled for a reason and you never hear negative things from members, only from trolls who are the competitors? Yeah, we've actually had proof that the competitors are paying these trolls. Chris said thanks to Alex for the morning commentary. Any time, bro. Also, guys, leave me a thumbs up or a like if you guys are understanding what I'm talking about, if it's making sense, what I am talking about because I see the light counter go up on my end. So anytime I see that, I know that you guys are on the same page as me. I know that you guys are understanding what I'm talking about. So let me know. And if you have any questions, please ask me here while I walk back. I should be back in about five minutes. Cedric said, been an M.I.C. two months and already upgrades annual as well. Yeah, it's like, look, we bust our asses and we do this literally 15 hours a day. I'm going to go home and answer 55 p.m. Just now, and then I'm going to have another 55 before bed. And it's because we actually care, right? The reason why M.I.C. started is because me and Val were disgusted with what was out there. We were disgusted at these frauds, these paper traders, these scam artists were educating people, whereas me and Val were like, what the fuck is going on, bro? What the hell is really what the hell is happening? So we made our mission to educate the right way to educate the right way. And we are putting our hearts and souls into this, right? And, you know, it really does upset me that we do all this shit and no one watches the videos and no one watches the content. Because at the end of the day, think about it, you are the one that is paying for the education. If you are not putting in the work, you are only hurting yourself. We do our best to put out content every day. So Monday, every Monday, I do YouTube live. Every Tuesday, Val does an Instagram live. Every Wednesday, we do a free Q&A webinar with Tosh. Every Thursday, we do a members only strategy webinar with Austin. It was a phenomenal long and short bias trader. Every Friday, we try to release a live trading video for annual and lifetime members. Saturday, we do a Saturday morning Q&A for members. And Sunday, we will release a new episode of our trading basics DVD and fundamental analysis DVD for free. So out of seven days, you're getting eight pieces of content. And this is all included for our members for free. It's very, it's going to sound cliche, but the members that are watching the videos are the members that are making $500 to $1,000 a day. The members that are putting in the work are upgrading to annual and lifetime with the profits they have made. The best example is Jason, Mashlot, joined the MIC, made money on the first bounce set up, and as soon as he made enough for lifetime, he upgraded immediately. And that's how it works at MIC. And that's how it works at MIC. You join, you learn, you profit, and you use those profits to stay a member forever. If you are going to be trading for more than two years, if you are going to commit to this for more than two years, there's no better deal than the lifetime. There's no better deal. And actually speaking of that, the price goes up this week. So we realize how much of a value it really is. So we are going to bump up prices. We never have sales. We never have discounts. We're not going to have a Halloween sale. We're not going to have a Black Friday sale. There's going to be no Chinese New Year sale. There's going to be no fucking anything sale because we realize our value and when members join, they start to realize how cheap it actually is and how much value they're getting. So I got about a couple more minutes before I walk back home. Any last questions? I saw a question about the podcast. As soon as the podcast is done recording, I will do my best to upload the video version on YouTube. The audio version is going to be on all the podcast platforms. That'll probably take another day or two, but I'll get all the links out. Give me a sec. Bob said he's going to go for an IG live after. I think he's going to split the screen after. All right, so I guess I'm going to go ahead and talk to him. All right, so I guess I'll get off now while Bob goes on Instagram. It's instagram.com slash my investing club. Again, if you have not already registered for the three two hour trading course, we will not be having it go on much longer. I'm even thinking about removing it. So please reserve your spot, get your seat, and I will see you during Bob's IG.