 All right traders. So today we have another bow daily recap It is Monday March 4th and today we have two things that we're gonna go over. So first things first bow does live trading on CIFS and this is tailored to the backside of the move This is backside trading on CIFS and also bow brings on a member by the name Mashalot in chat And he gives a sick testimonial for MIC So we wanted to share that with you guys and to catch the rest of the 90 minute hour and a half video The bow put together today guys go to myinvestingclub.com and become an exclusive member All right, let's get into it Mashalot Jason how are you doing man with so Jason Mashalot is He started to do more of The quicker scalps to build his account versus buying and holding How how is that working out? Can you explain to the group? Maybe I'll let you go on camera Jason Are you the camera of Mashalot? Yeah, yeah, I could go on camera Take the tape off I don't want the government spying on me All right So Jason couldn't explain what he's doing maybe he can help a lot of people Yeah, so I mean I'm basically doing exactly what you're telling us right now And what you've been saying all along you haven't deviated from what you say And I know from personal experience That it works So unbelievably well, it's hard to imagine If you actually like really do this really go for what he's telling you to do What am I telling you to do just just to reiterate what what you are doing just to clarify so buy buy at support When the stock pulls back From emotion so it pops up a lot everybody's buying a Bunch of noobs are buying the breakout It's going to probably pull back and if it has a strong emotional pullback down to a support level and it can be a support level that You know, you're not very confident about but you just you take the shot you try because it's all about probabilities So you get long at that spot and it bounces. I just aim for 10 cents If I make if I get more than 10 cents, that's great Less than 10 cents. I'll take it if it looks like it's heavy And it works so well It's really hard to believe but it really does work and the way that I was able to build the confidence to actually pull the trigger Because it's really scary to buy when you see a bunch of red candles and it looks like it's going to just plummet I paper-traded, you know, I paper-traded last year for a long time and by doing that and and Having success with this strategy over and over and over and over Eventually, I had enough confidence to do it with like I just had to make like 10 bucks, you know And I just built up from there And it's going really really well right now just by the way Remember this is a member you have to learn how to walk and crawl first before you run So what Jay what Jason is doing is I mean, he's getting comfortable with the trading He's getting comfortable with going in and going out the more of these he does the more confidence he gets and then he can size up later He's working on process in my opinion process the most important thing guys Don't worry about your P&L because the P&L takes care of itself when you trade well Okay, if you follow the same process and do not break the rules, you know over time probably says you will make money Support is there for reasons and then later on he can try new things guys This is not like that. This is not the strategy for your entire lifetime This is but this will start you and the reason I this is like the movie The karate kid guys the guys like why am I cleaning the car wax on wax off, right? And that's the whole point the whole point about taking these cows in my opinion It's just to get yourself comfortable with the lines getting yourself comfortable with placing trades and taking money off the table So basically the wax on wax off and then later on you can you can add more and hold longer So don't just think of this as dude This is what you can do for the rest of your life, right taking these tense 20 cents moves So then you start doing recycling like I do and all that it starts at home It all comes upon being comfortable and being trusting of your strategy and in my opinion the strategy I always like to use is the lines man V-wap matches the line everything matches the line. I just show you if it doesn't match the lines Don't trade that stock I would agree with that 100% look for stocks that match the lines another thing that's really helpful that I see people asking about is Yeah, I put my orders in beforehand, you know, these things they move too fast to Hit it right at the moment. You know, you could try, you know, it drops down to whatever your support Line is and you can try a market order But that's a terrible idea because you could get filled 10 cents 20 cents above the support And now you're starting out in a bad location in a bad spot. So you put the orders in before And then I'm still working on my exits. My exits are really bad But you can limit out or you can mark it out whatever but the point is you put the orders in ahead of time And then I personally I just hope it it pulls back to that line, you know Yeah, exactly. That's what it is, man. You you basically I put out the orders too, man I put out before it gets there because it's so damn fast if it hits if it if it truly hits that It'll bounce up and you know, it's so fast when you do manual So you put it ahead of time and then you can always add more So I always put my stuff ahead of time a smaller size guys so, um If you want to learn this strategy, man, you can help uh jason's there, um Yeah, my name is mash a lot in the chat. I'm happy to help. So just mash a lot. Yep Yep All right guys, welcome to today's day recap finally back from a long trip away. Man felt like an eternity um Came back in I I knew I was gonna have major formal. I knew I knew it's gonna be like man. I'm I want to trade. I want to trade So I needed to make sure that I don't go all crazy. So I actually Being away actually helpful. I'm making sure you guys can hear me. You guys can hear me. Well, so I don't scream I'm still a little sick never got well. I got well and then um, the guys over in london killed me so I was out Those guys can drink that but I I took them. Oh, I took them down. I took those guys down. So, um Notice civs and man, it's still it's still holding this but As as I if you go long is just risky as hell The easy move of the long is done now Now the v-wap. I mean all the indicators are lining up that this sucker is like backside but You know what man? They they held it here and they squeezed all the way up. They couldn't hold it here and squeeze it up But it's like What was the odds, right? I mean it Right now all everybody's looking for a short the six dollar line would be a great short on this stock right now civs if it comes back up to six bucks So you see how that works? I mean they could save it guys But the easy move is over. Why why why are the longs now trying to play the hard stuff? It's like you're most likely may lose more than you'll win Does that make sense to you guys? I mean it So if you draw your line remember everything revolves around line. I mean, let me cover this jmu that shorted the 250 line Okay, let's go down to 219 All right, I just couldn't fucking resist dude. So here here here's my jmu shorts here the 250 line. So i'm gonna cover Took some off I mean remember what I said man, you gotta take some off from the front side, man If this is all front side, I could break 250 again do whatever so I took the easy wins on jmu So I've been I just been shorting to 250 jmu and covering down here Um, but okay, let's get back to what we're talking about here So there's so many things to talk about look at cfs cfs. You see that man? It did trap it went down to 528 So 528 was what I bought on the way up remember on the way up guys Remember I was waiting for the so let's let's show you what I really let's say I'm gonna show you this That's just so much to uh to show here. I just want to see if uh, what what can I show? Look at that trap man from 528 You see this so I post all my all my trades. I post over in the charts recap room for you guys to see So let's see what we did here. Okay. Um In the morning, I recognized it was a I woke up late on purpose because I knew I was gonna have FOMO not really on purpose, but I just didn't want I couldn't get up but um When I woke up it was around here I got to my desk around 815 Around this point right here that I know is that hey, there's a line here. This and I know is dude This thing rip the shorts, but the shorts are dead um, and so I'm like dude it's not gonna keep going down because You know why what gave me the confidence? Let me show you Do I go to cfs? While I was away remember cfs went to 350 And then tanked down people thought was dead and so it started to climb notice a t plus two So it started to climb so these are the tricky stocks man. This pattern happens all the time Okay, take a look at this. See that that's why you cover man. Look at this. Shit. It's gonna rip You see that that's why you fucking cover Um, if you don't cover you get this kind of move man So look at this pattern. Okay, you see this pattern often many times guys in small cap low floaters Okay, what they do is they do the initial run up and people think it's over but Remember I said the the low hanging fruit is usually on the second on the day after the continuation play It can go a couple days more, but if you keep holding this shit There's a huge chance that it will reclaim and then when it passes this The high of day from this this should be been a A signal for all sorts to get the hell out and that's what happened today man today just fucking went for a lot Monkers and so I knew that dude. There's so many people stuck Thinking that hey man, this thing is a piece of crap that's gonna come back down and then when this happened It blew away the v-wap everything. There's so many people stuck right here at this level right here And so that's why it gave me the confidence To go long and I saw a pattern remember I'm just looking for a pattern So the pattern I see is every time it hits the 460 line here. It bounced It did it two times It didn't you know these these wicks are just like miss prints or late prints or whatever Okay, so we ignore these but here it supported it twice and it went back up So then it took us a chance here and it worked So I took here and I took some off here And then went down and did the same thing so I keep doing the same thing People the shorts are upside down man They're I mean this even at the 460 level here guys 460 right here. The shorts are all here So there were upside down so the the hard part the first part you gotta see is recognize if it's a long or a short Okay, I I came in I was like dude shorts are upside down. Why them I'm not gonna chase I've seen it so many times that they trap they run. This is a low floater So all I did was I you know, I'm I'm I'm seeing the if the 460 line broke down Yeah, I will Then maybe think about the short but it held all day long So why not keep doing it and these these 25 scouts add up man You do this three times that's 75 cents And so what I did is then I scaled scaled out The only trap for the major trap that so at the open 930 open so people so people thought This was the major trap for shorts. If you were a short You were short here So I took a little short and I covered here But if you didn't if you took a big position here, this spike up will kill you and then So what happens now is this I recognize that the shorts were stuck So I'm not I'm not eager the short guys the only reason I shorted here because I I six is a mental resistance And I see them trying to break it a couple times that I couldn't So I just kind of joined in just nibbles right and I took my covers for 20 cents You see this I covered it I shorted the six line covered it just to see what I was gonna do I I at this point. I don't know I'm not committed man I'm my I set a max size for the front side. So that's how I stay alive So let's let's revisit what I said there So all these times man, we don't know what's going on. So we we just try to Play with the odds See the key to staying alive on the front So this is a this is a long all the way But then when it reaches an overextended point because look it parabolic up to the sixth line when it does this There's a high Likelihood that is going to have to give some relief. Okay until the next leg. And so that's why we went On this So went all the way to six and went all the way to 528 guys. That's a big move It's still over the support here 460 line support from the morning. So shorts are still upside down man So all we did was we we looked for the first bounce First bounce is basically the first wash off of a major move. So this was a major move From 460 to 6 dollars is a major move. It's pretty much a parabolic up So if the parabolic's up, it's going to crater down. This is what's called a technical balance. Okay So it's basically it's all technical stuff if it goes up so fast It has to drop down a little bit. Okay before it goes to the next move And so all we do is take an advantage of that and the fact that The fact that it's being supported here people upside down now You're just trying to see what the next support is So the next support I see was around this point here because this is where it's stalled Which also lined up with here So you take a if you do a line from here to here It comes with this and how to matches this right here. So all day this line has been supported So this is the magic line in my opinion All right guys that concludes the preview today of the full length 90 minute hour and a half video If you want to watch the rest of this video go to www.myinvestingclub.com And sign up and in the full length video you get to see live trading from bow as he demonstrates on CIFS and jmu. All right guys catch you later