 Yeah, sorry about last week. All kinds of stuff happened last week, so. Bro, are you kidding me? I heard stuff. I, dude, are you kidding? Life gets in the way, man. I totally understand. I heard you were doing some kid stuff. Yeah. Congratulations on all that stuff, brother. Thanks, man. Well, dude, how are we doing over there, man? What's Big Cap's feeling like for you? Because I wanted to tackle this real quick, Joe, just because we are getting so down in the wire, dude, when it comes to, dude, we are really coming down to the wire to this election, and I'm starting to see, like, it random times. I'm starting to see some shakiness, man. And then it gets bought up, but I don't think reality has set in yet. Well, we talked about this last night in the webinar, and what we talked about was the move was very emotional. And so I warned everybody. I said, hey, look, as a short seller, you don't want to short big drastic drops in the spy. Because it's not organic. It's almost like a reverse pump. Like, yeah, exactly, exactly. Dude, these things always return to equilibrium. In fact, if I'm being completely honest, dude, I was longing all my favorite tech companies as down here on QQQ. Yep. Dude, I've seen this for seven years. Every time something like this happens because, like, Trump tweet or, oh my God, oh my God, chicken little, the end of the world is coming, bro bop right back up. Yep. And I'm sure everybody saw the YouTube where Alex had dinner with Sykes. And so what I'll say is this is, this is something I discovered in big caps months and months and months, maybe about a year or so ago when I started doing this. As a short seller in small caps, if I saw that price action, I was like, oh, sweet Jesus, yes, I'm short. Yeah, it comes to me. You're right, because it looks like a waterfall deficit. You're running for a short, yeah. Bro, for real, yeah. But, and the reason why I say this is Sykes had this this strategy where he called it like this, it's like his panic dip buy, but he did it in OTCs. And this was years ago when I was watching something or seeing something and I was like, dude, that freaking pattern works just the same in the F and P and it works even better. Like, dude, when it slams like that on a motion, it's never a good short. It's almost never, if you can catch the volatility like in the middle of it, like you're chasing the price. But dude, if you're chasing the price into support, it's gonna fricking rally on you. Dude, and this is the funniest part, Joe, because like, dude, I was trying to tell my tab part in this yesterday, I was literally trying to tell one of my tab parts. I was like, dude, because I was having long, the big caps with me, right? So we're like long in stocks, man. Like, I swear, I even scooped some Amazon, dude, like literally everything. And I was like, dude, if you see this on small caps, it will never come back. If you see this on the spot, it will always come back. And you can see a type of move like this in OTC. Dude, this was my favorite pattern in OTCs. I remember. And I learned it from Sykes, I'll name drop him. I'm not afraid of it. You know what I mean? I learned that from Sykes because that panic by was, I was like, dude, and all of a sudden I went, holy crap. Oh wow, CYDY is getting some action there. It's, it's, dude, it's just like that is the, like that panic move right there. There's serious opportunity in that. And so, I mean, that's not a strategy that we teach, but I warned everybody last night, hey, don't short this. Don't short this. Don't be shorting this. This is very emotional. No, no, no, no. No, no, no, no, no. And so I knew like in OTCs, when they tank like this, you don't want to short the pops because once it starts to bounce because it could, you know, no telling how far it could grind on you. You know what I mean? Like it could grind and grind and grind and grind. I've seen them go minus 30% and then go green. And you're like, whoa. And dude, that's, that's the spy because think about it. There's big money behind that dip. And so- There's so much big money, man. Yeah. And they're going to take, they're going to take advantage of the opportunity. I didn't do it because of what caused the pullback because it was just like, it was too emotional, bro. It was just too emotional. Oh dude, I literally longed like 10 different companies and I'm still swinging right now. Still, I haven't closed them out. Oh, beyond meat, man. Fuck it, dude. Did I not call that- Damn you, you sure did. I lost side of it for like a week because I was trading it. Me and Brian were both trading it and we lost side of it for like a week while everything was bouncing in the spy. And when we broke that 170, that was where we were trading it on the right there. Yup. On the right up, right there in that stuff was when we were trading it, we were like, man, if this thing can really go through 170, this could go in like a single day. Dude, Joe, I'm trying to remember. And we kept trying it and we kept trying it and it was just like every time it hit 170 it stuffed back down and we're like, damn it, come on, just freaking run. Yo, guess how long I've been holding it? Look at this. Guys, this is a daily chart. I held from here to there where Joe was starting. Beast, beast. Dude, me and Brian both were like, dude, if this thing can get over 170, it can go and we just lost side of it. When it finally made that 170 break, we were trading something else or doing something and we were like, shh, I messaged him yesterday. And I said, so one that let get past me was beyond me and he goes, fuck. It was like, look at this thing, it just ran. I was like, I know, I know how much is happy. Well, I'm kicking myself because I got out at like 168 or 170 was something I can't even remember, man. I'd have to look, but it was about four days. And I just remember, I just remember I was like, dude, like literally I'm not that good at investing necessarily because I'm new to that like buying forever. And I met it from almost like a half hybrid investor day trader mentality. Cause this was the longest I had probably ever held along but I was, dude, I was up too much. I was like, I have to pay myself. Like I can't believe like 10% though or something. Yeah. You know, it's, when do you sell on the long side? You never know, right? That's the hardest thing about that is like, you know, when do you sell? When do, yeah. When do you sell? I don't know because I mean, dude, I lined it up with like 170 was a big line. It was a huge line. 170 was a big line. Yeah. Leave it in the will. Yeah, take, leave it in the will. He's just collecting assets after assets. She's just like, she's monopoly right now. She's got, she's got everything. Man, that's funny. Yeah. And so it, I give, I'm not going to knock it in any way, shape or fashion. What I like to do honestly is if I feel that itched to sell, I sell and then I immediately get long again and then I risk 25% or 50% of what I made. You know what, man? I really like that. I really like that. It's like, and that helps me and it helps me kind of, kind of stay patient and like pocket as I go. And so, yeah, that's kind of it. And then when, you know, if I take a loss, you know, like let's say I buy it and then I give back 25 or 50% or whatever number I use. And then I have to find a technical reason to enter the trade again before I reenter and risk again. Does that make sense? So it's like, it's like, if I feel this itch that I need to sell, you know, I mean, that's, I gotta trust those gut feelings. You know, like you gotta trust your gut. If you don't trust your gut as a trader, you're gonna die. I'm just waiting for this one. I'm waiting for this one to take off, man. This is the other one that's similar to Beyond Me and it's called Laird Superfood. It's a recent IPO and I have a little bit, I've been holding it like for literally since like day one, but I have some of this and this is, it's like an alternative to like all the dairy of cream or select coffee and stuff, but it doesn't treat. Like it's very illiquid. And I was like, I thought when this came out, man, it would be like a really nice trader. It didn't, it didn't really perform that way. Cause if you see the beginning, Joe, it like it kind of traded. Yeah, it had the volume in the beginning there. It had some of it at least, but man, it really tapered off. And I was like, if this becomes a non trader, I'm gonna be bummed because they're doing kind of what, you know, look, if I do big caps or I do investing, man, I really try to figure out what the company is doing. Like I don't give a shit what small caps are doing, but I care about what these are doing. And I think that this could be the next wave, like Beyond Me for all your alternative guys who are like really into that stuff. All they need is one distribution deal and all those retail traders are gonna come in and trade and then there's your volume. I swear to God, man, all Jeff Bezos needs to say is I like what they're doing. Let me pick up layered super food and we just start seeing traders in this left and right. And you all of a sudden you go from average volume of 200,000 to 20 million. Joe, I know you're, we were talking about snow because dude, this is starting to become a really, bro. I've been in and out on every single dip. I made like, I made like a pass of like $400 today on it just for fun, man. Like dude, I'm buying every single dip and then sell him the rips because it's finally setting up a chart. So this was something guys, if you remember, me and Joe were talking about probably, I wanna say Joe like three weeks ago or two weeks ago, whatever it was. It was about three, I think, it was three. I think it was three weeks ago. Yeah, it was like three weeks ago, right? And God, I mean- It was when we were down here. It was when we were, it was within the first couple of days of the IPO. So- 11, 12, 13, 14, literally dude, not even three weeks ago. Yeah, it would have been there, yeah. So what happened was guys is this is a, this was like a tech company that was doing, they're in like cloud-based stuff, you know, Warren Buffett was looking at them, they backed them, but he had a huge humongous evaluation. So this fucker opens up dude in like the 240s, then it goes to 319 bags every one the same day. And me and Joe were like, dude, before this becomes like a real trader, like every single day that this is gonna provide some really nice range and volatility. It's got kind of set up the chart a little bit. And now it's finally doing it, I'm excited because this has a lot of range on it. Yeah, this was, this type of chart is something that me and A.K. Wildlife were talking about last night. Me and A.K. Wildlife did a webinar on selling options to get long this stock. And so when you see stuff like this, that just goes sideways, this is when you want to try to sell premium in options. So basically what you would do is when it gets, there we go, yeah. Yeah, let me just make it a little better for you. Yes, I can, this is just sideways, I ask you. Yeah, when it encompasses that, what you wanna do is, and you've really got, you know, you've got that other level there that just recently formed off of those recent lows right there like 225. You've got a second line there too. And so what A.K. Wildlife was talking about is he was like, this is a big strategy that I like and what he'll do is when it comes crashing into support like this, he will sell puts, okay? Which means. Sell the putundi puts. Yeah. Which means that he is. Stop it. Yeah, which means that he's bullish, okay? Basically he's shorting the short sellers, if that makes any sense. Basically guys, like what we always say, like if it's like Dustin Nugget, which are ETS for gold, if instead of literally shorting a company, you can actually just buy a certain ETF that bets against price versa. That's kinda what he's talking about here. Yep. And so he was selling puts on other stocks, but this chart is something that I think honestly, because of this big price action right here, like the options are gonna be probably rather inflated in price and I haven't checked them, but when I just see a chart like this, I'm like, oh, that's a good premium selling chart. Like when it goes sideways like this, that's when you want to like sell premium in options. You don't wanna just buy calls or buy puts. You want to sell premium because you don't know how long these balances are gonna last. And that way that you put time on your side. So really at support, what you would do is, if you want a short-term trade, it'd be like, okay, the next time snow retests 225, I'm gonna sell the 225 puts, right? I'm gonna sell the 225 puts, carry those into expiration and hope that they go to zero and capture the difference between there. And so that's pretty much all that you do. But we did a webinar on that last night. So you guys go watch that webinar if you're members. If you're not a member, I'd highly recommend joining and checking that webinar out because it was some seriously good information last night. Bro, that's so funny. I'm actually doing exactly what AK Wildlife doing. I'm looking at these lines, I'm buying them, but I'm just doing it on the equity side. Yeah, and there's no problem with, I don't have a problem with that at all. I'm like, dude, it don't matter what, there's a million ways to trade. There's a million ways to make money in the market. Bro, as long as you have the bottom part, yeah, hell yeah. Yeah, but for every one way there is to make money in the market, there's 10 to lose it. So you just gotta- And Joe, that's another thing I wanna talk about, man, is because I was actually gonna say this earlier, but I had failed to plug it in, is guys, the reason why these like, let me just go to an intraday chart, something like the spy, man, the reason why things like this get bought up is you have to understand, man. And let me make this really, really, really clear to all the day traders out there, not like the people like Tay, because Tay knows this, dude. Dude, the market is mostly investors. They are mostly long biased traders and there are guys who are seeing things on sale, man. Just because we're day traders does not mean, oh my God, everybody's gonna pay it because I'm a day trader, they're looking at lines, they're looking at price action, no, dude. Most hedge funds or Warren Buffett types are waiting for these to add more to their position because there's a difference between, and like whatever this is, like say this is Amazon, say this is Tesla, spy, whatever, there's a very big difference, man, based on, you know, a stock on sale and or just a normal stock at lows, dude. Like you have to know the difference. Like is it a shit company at lows or is it a really, really, really good company on a buy the dip opportunity? And most people, man, are waiting for things like this to add to their long-term portfolios. This is why if you look over like the average 100 year median annual return, the spy has literally, dude, given a 10% return over the last 100 fucking years, dude. So guys like Warren Buffett had made their fortunes because most people are, look, look, most people don't like getting rich slow. If you wanna get rich slow, dude, do what Warren Buffett said, throw every bit of your money in the S&P 500 and look in 50 years. Dude, that's how to get rich in this lifetime, but it's slow and you're gonna get, you know, things like dividends, you're gonna get price appreciation. I mean, it's proved itself for the last 100 years plus, but you have to understand, everybody wants that get rich quick or they want to, if it's not get rich quick, they wanna do realistic trading, which is gonna get you there if you're educated a lot quicker, but look what Tay says. This is our long-term investor, holding them for the will she knows, you know? So there's ways to make money in every way, but I just wanted to make that very clear because guys, you have to understand when you see this, don't think about this. If this is the overall market, don't think like a day trader, dude. There's fun saying, oh my God, thank God for this dip. I wanna add to my position because there's an old saying like, investors love when stocks goes up, but dude, they like it even more when they go down because they can add to their long-term positions that they're not managing, that they're at the beach just watching on their TD Ameritrade mobile app. You see what I'm saying? It's very different psychology, man. And just because we're day traders does not mean you look at everything from a day trader point of view. Yeah, exactly. Sorry, I had to rant. No, I'm with you. Grant, all you want, baby. I'll let you talk to me, all you want. Oh God. So in Slack, is it possible to filter a channel so that you can only see certain mods post as they happen? Long shot question. Well, Delik, that is actually being developed right now. Yes, it is. There is a channel that we have that it's hidden right now, but it'll probably come out eventually once all the bugs are worked out of it. That it highlights only, for example, like in main chat, it's only gonna highlight Val, Alex, and Tosh. And then there will be one where you'll see, it'll be like mentors, moderators, basically. And you'll see all of those people's commentary and then next to their commentary, there will be a link to click and then jump to that message in whatever channel that it's in. And so that's coming, it's slowly there, it's slowly progressing, it's something that we're just letting the algo run just to see what catches, what doesn't catch and just let it play out. Yeah, this stuff, this coding stuff, guys, when we create something like the MIC archive or something like this, I mean, it takes time, man. You have to understand, guys, it's really hard to make this stuff. And just be patient, like I know everybody wants stuff tomorrow, but just do a lot of stuff is coming and it's really cool stuff. It'll be worth the wait, I'll say that. Yeah, that is gonna be a very popular thing. It's something that everyone has asked for since the dawn of this chat room. Dude, that and the other thing that we can't actually program ourselves and I'm like begging, I'm still putting a fire under Slack's ass to get it started, but colored text, dude. So it's no tox, it's orange. If I talk, it's fricking green. I just want them to hyperlink the fucking tickers. That's all I want. I just wanted to hyperlink a damn stock ticker. The way I'm looking at Mova, I'm like, dude, why do we have to design our own chat platform for that to work? I'm just like, okay, all right. It's not funny, Joe. Yeah, that is kind of funny, but you know what, man? We'll play by the words of Bestie Chan. It'll get there eventually. Maybe Slack will get their shit together. Maybe they'll turn a profit one quarter eventually. Fricking idiots, man. Hey, I'm long them. I got a little bit of Slack for those who don't know, man. Work just had a huge dip on the daily, man. I've been holding this for like, like two weeks or something like that. Oh yeah, look at that. I got a little bit. The earnings. This is what I'm saying. These sons of bitches can't turn a profit in the time where working from home is the best freaking time. You can't turn a profit in that moment. You're not monetizing this platform well enough, in my opinion, is what they're, that's their problem. Yeah, they're not monetizing the platform enough. It's the era of work from home, and they're the only work from home stock on the internet right now. I know. Slack and Zoom. How is that not like, Meanwhile, Zoom, 9 cents, 15 cents, 20 cents, 92 cents. I mean, like, look at those earnings. Slack over here losing money, like a bunch of idiots. Joe, you want to hear where it gets said? This is probably not the best opportunity to long, even on this dip, and look where the IPO started. This is probably a wonderful opportunity to long. I know, right? We're all going to look back, and Zoom's going to be at 1,000. And we're going to be like, why didn't we long at 5,000? Why didn't we long at 500? Yeah, because right now, 500 looks like a top, right? Right now, that looks pretty nasty, but in two years from now, exactly, yeah. Two years from now, when we're at 750, 1,000, we're going to be like, shit. Bro, look at Amazon. Oh, you know what? It's up too much. Oh, it's a terrible idea to buy it at 1,900. You know what? It's probably topping here. Yeah. It's probably topping here. Oh, shit, it's really topping here. Oh, wow. No, it's definitely topping. Oh, no, maybe not. Oh, yeah, dude, it's... Dude, I'm so bullish on Amazon, it's insane. I'm like, if you can get anything under 3,000, it's probably a gold rush. But who knows, man? I mean, you never know. But again, look, the one good thing that this pandemic did, in my opinion, the one really, really essential thing is it made people really have to rethink the way we do things. And all the work from home stocks, all the work from home opportunities, literally quadrupled, man. And it forced people to kind of get out of their comfort zone and complacency a little bit and be like, oh, man, you know what? Maybe I really should work on my passion. Maybe I should follow that dream I've always wanted to do. Maybe I should take a training. Maybe I should learn to work from home and then I pick up something, monetize it, and then I can be with my kids all day. So I think, at least for the non-lazy people, this pandemic really, at least in that regard, really gave a lot of people a lot of opportunity, man, especially people who owned anything tech or work from home. I mean, dude, literally anything. Look at the video for God's sakes. Look at EA sports, dude. Look at all tech, anything work from home. My favorite right now is Corsair. This is my favorite tech IPO right now because I love them. They're like a gaming company that makes really wonderful gaming tech. Yeah. We'll see. We'll see. We'll see keyboards. I know that, but that's what I think of is I think of keyboards. Yeah. I think of their keyboards. I'm really just talking about that. I don't think this is gonna be the next Amazon or anything, but you know what I mean, guys? Definitely do your research, but the whole point is I'm eyeing anything. I think that this is the opportunity of a lifetime and I think it's just getting started up, dude. When things- When's the razor IPO? I have no idea. They have the clicky keyboard. Oh, what's their ticker symbol, Joe? No, that's what I'm saying. When is their IPO? I don't think it's a IPO. I would love to buy some razor. I love their thing. I swear to God, I thought they were public, man. Yeah, I've always been a poor Sarah guy way over razor, but razor's good shit. I just like the clicky. The clicky. Like when you click a key, it's like... Dude. I'm like, dude, I just like that sound. I hear you. I hear you. I would pay for just that. You know what? I swear to God, man, because things really catch on late. Oh, it's R-A-V-F-F. What? Wait, what? No way. He's joking, right? Oh, it is. Look at it. Oh, wow. That's razor? Ooh, gross. That is disgusting. Oh my God. I hope Farmer pumps this so we can short it. The O-D-C. Jeez. Are we sure that this is the right? Is that the right? It is. It is gaming company razor. Jesus. Maybe they're going a different route, you know? Let's hope Corsair does a little better than this 20 cent piece of shit. Yeah. Yeah, be careful buying Corsair if razor trades at 12 cents. Yeah, maybe not. So, my whole point, my whole point... Maybe folks are not as bullish as I want it to be. Dude, if I can call this next one like I was able to call fucking beyond me, dude. I'm telling you, man, I think working from home, tech stocks in at least the field of working from home, I think they're barely getting started, man. I think even after someone left Zoom, dude, it barely started. Honestly, I think we're at the beginning of another bubble. That's just my gut feeling is, you know, we got the first hype, right? On pretty much all of tech, right? And then, and then now it's the beginning of a new bubble. So a question here, Joe, is there only good options place a couple of times a month or there's some every day? There are option plays every single day, every day, there's an options play. Bro, this is pretty much a play for anything every day. Yeah. Small caps, big caps. Yep. I almost never locate after open, brother. It's always in pre-market unless something came about in open which we didn't see in pre-market. Mentioned I went long the video and then got out as you started moving your stop, winning profit. Does that mean you're putting your stop at break even as soon as you've taken half or does it mean as soon as you entered the stock it starts going up, you move your stop to it? So my rule, go to the video for yesterday and I'll show you guys what I was doing here. Joe, what the hell were you doing, bro? So zoom in on this day right here. All right, so what I was playing was this range right there. So when it broke to the upside like this, I bought this dip and I was risking VWAP. And so when I started the position, this is just my own thing. When I started the position, I take a starter risk as VWAP and it pulls back. I add more here into the previous breakout level. I'm adding more into that. And then once it goes in my favor right here into this wick, it's now I've gotten my add. I got my starter, I got my add. The stock is in my favor now. So what I do is I take a piece off. So let's use like a 300 share example here. Or 30, fuck it, let's use 30. Okay, 30, right? So I longed 10 shares here and then 20 shares here. I actually did it in options but let's just say it for stock, okay? So everybody's on the same page. So once it pushed, okay? Once it pushed to a new high, I'm taking off my 10 shares and keeping my 20 at break even, okay? I'm now, I've locked in the 10, okay? That I've got a little bit of profit. I've got a little profit now. And then now if I have to stop out at, if I have to stop out on these remaining shares that I got down here at break even, then the worst case scenario is I've got profit from these 10 shares I sold. I'm still making a profit but I want to let that winner run if I can to my targets, if I can. The problem that happened in the options, it looks cleaner on the equity, right? The problem that happened in the options is when this candle stuffed like this, the premium or the cost of the option just went bloop like it fell off a cliff because the interest that people had in the stock making it to the strike price I chose, that day they lost all their interest in it. And so the price of the option dropped off. And so just like in small caps, when nobody wants to buy it anymore, it tanks, right? It's the same thing in options when nobody wants to buy it anymore, it tanks. That or what do you do with short sellers? Yeah, exactly, yeah. And so the reason why I took it off was because when it tanked like this, the premium fell off and I was breakeven at this point right here. I was now breakeven. I had taken some profit into the spike and then when it fell and just stuffed back down, it fell back to my average. And so I just locked in and just went, nope, I'm out, I'm flat. And I didn't keep my VWAP stop on that because I'd taken a profit and I just have, I've got this mentality recently that I am able to take the next, I'm always thinking about the next trade, not the trade I'm in, I'm always thinking about the next trade. So when I take this trade, just like when Joe's on the shit or he's waiting for the next shit. Yeah, I'm thinking about the next one. He's not focused on the current one. If I take this trade over here and I lose, right? This trade comes along and I'm like, eh, how do I feel? I don't know if I wanna take another loss. How do I feel? I don't know if I wanna take a second loss. So what I do is when this trade gets in the money, I pay myself and then immediately move my stop to breakeven. So at worst case scenario, I make a profit in this trade and then I'm ready to take the next trade better because I've got profit from over here. It could be small profit, it could be tiny. But I mean a minus, you know, a plus 50 bucks here and then a planned risk of 200 over here. Let's say I stop out over here for my max loss of 200. I've got 50 bucks to eat away with it. I'm only down 150, right? That looks a whole lot better to me than 200. And so that's just how my mind works when I'm kind of planning for the risk in these trades. So that's that. I dig it. Who the hell is this farmer guy? Should I watch out for him? Just watch main chat. You'll learn who that is. Yeah, just watch main chat, man. What is the daily realistic, what is the realistic daily percent return for options? I don't know. Depends on what you trade, to be honest with you. Watch the options bootcamp series and you'll get a feel for what options kind of percent gains you should watch for. My rule, this is just my rule. So if you guys are familiar with, I mean, Tosh, I know you're familiar with this, but you're familiar with like a floor profit. So like if you're here and this is $0, like you're not up any money and this is like 500, your floor kicks in at 250. So basically what it means is once your P&L in the trade passes 250, your stop goes from way down here to break right here. You're not gonna give back any more than 250 bucks. You basically move it to a break-even position. Yeah, it's kind of what I've been doing. So exactly, yeah, that is like my absolute favorite strategy is once I've got some profit, boom, break-even stop. And I learned that from Bao, like back in small caps. He was like, dude, once you take a profit, you gotta move your stop to break-even. That's the only way that you stay super consistent. I talked about that. So check this. There you go. I shorted right here. So I learned it from Bao. I don't know where the hell it came from, so. Literally, we had never, it was about a year ago, man. None of us had ever talked about a hard stop until I was just like, you know what? Now, Alex, I said, dude, I'm gonna start using these because I wanna walk away. And I mean, when I walk away, dude, like I was doing MIC for like two months on mobile, dude. I mean, I would do every PM, every call. Like I had to do it myself to walk away. What was that? Didn't you have a car that had like a, I just remember this from time. Oh, yeah, I did. Didn't you have a car that would like stream your iPhone screen and you had like the DOS app on it or something? Yes. So my last car, man, the dashboard, I got, oh God, I can't even remember the name of it, it was so long ago, but it's not my new car. I need to get it. It was several years ago until I saw that. I had a TV in my car that I'd be driving and like it stopped lights and just my peripherals while I'm tracking the stops. I'd be watching level two, dude. Like I was a sick fuck, dude. I'd have DOS mobile open and I was watching level two of stops. That it was on that screen in your car. Bro, I remember one time this guy who I know that makes like six million a year. He was like, how did you get that in your car? What are you doing? I need to get that. I know, right? Dude, when I saw that, I was like, oh my God, I would totally do that. That's badass. I was like, bro, you make enough money, six mil, 10 million a year. I was like, just go buy a walking level two car. Just talk to people. I know, just carry a screen with you. I hire a man to push a TV around, pay him 60K a year. Like, bro, you make like six M's a year. I think you can figure it out. I think you'll be all right. But check this out. So I was, so what I did this morning, guys, is what me and Alex did. I think Alex did the exact same thing, but I do this all the time. I show it right here, come right here, set a stop at the rest of it, break even right here. So yeah, I stopped down on the second half, but dude, I didn't lose. Like, that's the whole part. Yep, and that's how you say super consistent, guys, is like, you know, if you're, this is kind of like, if your entries are good, right? Like, if your entries are good and you know your entries are good, but you don't always get your targets, what you need to do is take quick profits on a portion of your trade and then set a break even stop. Cause I mean, dude, that was always my crux in small caps was I was like, I want the shit back at zero. Go red, bitch, go red, bitch. And that's like, that's what I wanted. And so I always struggled with getting my actual target that I wanted. And so that's when I learned to take small profits on small parts of the position and instead of break even stop for the rest because if you're right, your entry should be damn near the top, right? And if you're long, your interest should be damn near the bottom. Like, if you're right as a short, you should be near the top. If you're right as a long, you should be near the bottom. You shouldn't have to stop out break even before the opportunity presents itself to take a profit, a big profit. And so, oh, hey, some girl named Stella Lopez just emailed me, said, good morning, babe. How are you doing? Did she include a pic? One of those pots. Girl, you've got a picture. Girl's plotter, no bot, let me see that pic. Dude, I'll get this like two times a week, but I'll get like Instagram DMs and like, most 90% of my Instagram DMs are like, hey, you know, I'm interested in MIC and I'm like, cool, man. Yeah, let me tell you what we're about. And then every now and then like 10% of them is either one of two. And when I can combine them, it's even funnier, but it's either like, hey, do you want to know about Forex or, hey, babe, like what are you doing tonight? And I'm like, but when it's a, hey, babe, what are you doing tonight? And then I go to their page and they're Forex. I was like, oh, hell yeah, come to Forex. Oh, yes. Oh, double whammy. This bitch trying to teach me Forex. Get the fuck out of here. And really it's some dude in his mom's basement. Right. So to answer this daily percent return question, that floor is kind of what we're talking about there. So that's like, what Tosh talked about is he hits this line and then his floor is that once it touches like this, this level he uses kind of that floor analogy. Yep. And he covers a portion here. And so instead, when he's hitting here, if I had to guess, he's probably like risking like way up here. 100%. Well, like I will short every fucking pop from here to here to here and I will risk here. I was risking, I was risking this. You know me too well. Yep. Oh dude, I know. If it's a massive stuff mover or death candle, I will risk the top of it every time. Yeah, cause he knows that first test coming back is probably not going to touch. Oh, and look, and look, look where it failed right here. Exactly. Dude, there's no coincidence. There's a reason why it did. Oh, this is OPTT. Yeah, OPTT, man, yeah, yeah, yeah. That's why I was hoping for that first bounce trade again. Where's he at? I bet he was like, oh yeah, I'm along this. That's sneaky little bear tellers. Oh man. So the daily percent return thing for options, what I do is when I start the position, I'm always risking like maximum 50%. Like I will risk all the way 50%. Unless the chart, you know, breaks a key level and the underlying chart, you know, this is, but this is always max. But what I have is if it's a zero, oh, and all of a sudden goes up to plus 20%. Once I touch 20% in the options, my stop immediately goes to zero. I'm no longer risking 50%. So you can make 20% in options daily pretty fucking easy. Like it's pretty simple to do it. As long as you have a good process, which, you know, is what we teach, it's pretty easy to make 20%. Joe's just walking, talking, breathing, option master. It's pretty simple to scalp them and make 20%. So what time do I wake up in the morning? Well, what time do I get to the screens? I get to the screens about an hour before the open. That's really all the time that I need to do the research that I do. And to be honest with you guys, during this recent time, because tech is so hot, I just have 12 charts on my screen and each one is a different tech stock. And I'm just analyzing each one of them. And so, oh my God, he just made that reference. I just got it. O-P-T-T. Yo, that's a little jingle there. Thank you, Tay. Oh, that's pretty good, buddy. Joe, you're right, I thought you'd be all over that one. Duh. Dude, well, you know, she's a long and I was talking about longs and so I thought she was longing O-P-T-T. And I just, I didn't put two and two together until she put that song in. I was like, oh my God. Joe thought that this was an alternative to pom-poms out. Right? Exactly. I thought that was, I thought that's what she was saying. So, yeah, so what time do I wake up? I mean, I wake up at, so it's my time at 7.30. So, it was 8.30 market time that I get to the screens. I'm up before that, drinkin' a cup of coffee. Joe, what time do you go to bed? Baking a poop. What time do I go to bed? What time do you go to bed? When you do. He's like, when X videos turns off. Dude, recently, recently, so I moved my office setup. Like I moved my training setup into our master bedroom. Oh dude, you're poor wife. You're poor wife. And so, she was never in the bedroom anyway. She's always in the living room. And so like, we had to like move our TV up. And we got like huge 10-foot ceilings. And so we had to move the TV in the master room like way up on the wall because my office is like right under the TV or would have been right where the TV is. And so we had to move it like way up. And dude, I found myself just like, I just like, well, I just recently, man, I'll just turn the movie on. And like in the middle of the night, I've been like waking up for some weird reason. I'm just like waking up and then I'm like super awake. You know, like it's not like, and I don't know why like I'm like super awake. Dude, I'm gonna tell you why. This is why I will never keep a computer setup or my main desk in my bedroom ever again, bro. I'm not kidding. According to Nikola Tesla, it's all energy, spiritual, blah, blah, blah, whatever. Dude, if a setup is in the room, you're gonna like somehow tap into it, dude. When I used to keep my setup in my bedroom, bro, I couldn't fucking sleep, man. I could not sleep. It's like- Dude, I've been going to sleep later than I have ever went to sleep in the last three years. Oh, I'll bet you. I'm not a late night person, Norm, like nowadays. I used to be, you know, I used to be 2 a.m., 3 a.m. I just don't fucking like that anymore. I love an early morning. I love a sunrise a lot more than I love a sunset. And so I'm like, I need separation of church. Dingo, dude, dingo. I cannot keep a setup in a bedroom, man. I'd rather keep it in like the freaking garage. Dude, for real. Yeah, it's, and so it's like, I'm just like, I'm waking up and I'm just awake. But I'm also, I'm also like sitting at my desk longer nowadays because it's in my bedroom. Cool, now it's in a real state of comfort. Dude, for real. Yeah, it's like I'm in my room, it's confined, it's private, and it's like, and then when it comes time to go to my wife goes to bed, she's back there and I'm talking to her and I'm doing something over here on the screens or, and so it's, it's, and it's dangerous. It's dangerous. Dude, I'm up all kinds of hours now looking at this, looking at screens, looking at charts, looking at this. And so, and also- You're looking at charts, nice one. Yeah, yeah, yeah, yeah. Yeah, my wife is sleeping in the bed right behind me. None of that happens. It's, hey babe, turn away. Gotta put something on the monitors. Put it, turn away babe, I need the me time. Yeah, now it's- I'm virtual live. Yeah, for real. So yeah, I wouldn't tell anybody to ever put there. I wouldn't, I don't hate it. Like I like having my office and- No, give it to my wife. But, but I definitely, well, back when I lived in San Antonio before I went full time, I've almost always had my office in the master room. Really? Until recently, I actually had my own office space and I don't know why, but I can just find more privacy when it's in the bedroom. Because we have this rule that it's like, okay, kids don't get to come out of our bedroom all the time. Right? You know, it's like, okay, you guys stay out there. You stay in your room. You do your own thing. We stay in our own places. And Taze is in her freaking son house. Thank goodness. Oh my God, that's brilliant. Dude, that is- But Taze is like out back on her patio. Bro, I gotta tell you, if I had a property like Tague, I would be, I would seriously, I would put it in the back house too. Like you need a separation period. Dude, I've honestly considered renting a space. Oh dude, I've literally- You like drive to every day. Joe, I've literally- What I would love to do to be honest with you is, dude, yes, that's what I was about to say, is I would love, dude, if you lived near me or I lived near you, I would freaking go havesies with you on an office space that we had our trading set upset. Dude, we need to- If I move- If I move to Texas- I would love that. If I move to Texas, let's just buy a condo together and make that our trade. Yes. Come one, come all. Whoever can fit in our condo. The trap house. Yeah. I see trap house condo. Bro, that's what- Yeah, exactly. It would be a deduction too, because it would be off of the space as well. Hold on. Hold on. I got to see something here. There's a bunch of WeWork spots here in Dallas too. Anyway. Joe, are you at Houston? No, Dallas, bro. Oh, Dallas, shit. I always get those. All right, all right. Let's see what's available, man. Yeah. Here, if we're just gonna make it like literally a write-off for trading, what do you think? 300,000 bucks? 300 top. Put 10 down. You can buy a damn nice condo for 300K in Texas. Can you really get shit like this for 160,000? I bet this is a full, oh my God, a full three bedroom house. Get out of here, dude. Come on, Texas is just not even fair. That's the hood, bro. That's the hood. Who cares, dude? It's trapping in easy. But hey, hey, hey, it's super cute. $167,000, dude, are you kidding me? Yeah. Dude, I- Dude, I'm joking. Looks like they put the final flooring down. Joe, you spent your- You got that loud, you know, like, do you remember these from like apartments when you got that loud ass AC unit that kicks on and slams the door every time? So. Well, dude, I call this corner. We'll put your desk right here. We'll have a- Yeah, exactly. Alex, Tay can even like trade outside if she wants. Yeah, we can set up a table out here for Tay. She'll be over there. We'll be the only ones in the house and she'll be like, I just have to trade outside. It's just how I do things. You're just hysterical, man. That is so funny. But dude, yeah, you can buy a nice, you can buy a damn nice place for 300 grand in Texas. That is just- Especially in Dallas. Texas is like, it's like it's not even on earth, man. It's like the real estate's so good. It's like, it's like Elon starting on Mars or something. It's like just starting all over. It's like all else- Yeah, everybody's like, we're in a recession. I'm like, I live in Texas. It's like I live in a recession. I don't even know what that means. Yeah, what's a recession? We're in a recession. Have you seen how fast houses? Like, dude, that house has been on the market for five days. I guarantee you in two weeks it's gone. It won't be on there anymore. I'll bet, dude. I'll bet. It's gone. Gone. I need coffee. Oh, is that what- Is that LK's new symbol? LKNCY? Yeah, that's what that one is. I remember that. This is LK, right? Ooh, look at that pump. I remember this because wasn't this the one where they took a beating from here to here because like news of like fraudulent or something? And then they got delisted. Sneaky bastard. Went to the OTC market. Oh, yeah. Oh, luck and coffee. Fucking coffee. Dude. Put an L. Sneaky, sneaky bastards. Look at that squeeze. Man. Yeah, that's- What was the one we were looking at? A-REC, though? Oh, yeah. Do you guys have any questions for me, Joe? That looks like a REC, to be honest with you. That is a REC. That is a REC. Guys, do you have any questions for me and Joe while you have us? Yeah, last 10 minutes here, so let's take- Yeah, last 10 minutes, man, just so we can rest our voices. Thank you, everything. Everything, small cap, large cap, whatever you got. Oh, here you go. From the YouTube. Recommendations on how to keep trading, practicing my- Trading or practicing my process when work-in-life balance makes it hard to get in front of the screen at the open. I'm in Phoenix and things are crazy in life lately. Nice, Phoenix, man. Shout out. Well, you know, here's the thing about trading, man. It's very important to get your life right first before you trade or if you are trading. I'm not saying pause your trading, but I'm just saying, look, man, you're gonna bring your real-life situations into your trading if you're not careful. So you just gotta be really careful if you're fighting with your girl, if you're moving, if you're whatever you're doing, man. It's just gonna- Your boss is a dickhead. Yeah, for real. You paycheck wasn't enough last week. You didn't get enough hours at your job. You got to deal with the shitty fucking customer that always thinks that they're right, even though they're a dumbass. I mean, it's like- Effect your trading. Yeah, absolutely that could. Or you've got a big deadline at work that comes into play. There's all kinds of shit. There's all kinds of shit that can happen. And so when I worked full-time and traded at the same time, dude, there was many days where I missed the market open and I'd be here, like I'd get here at zombie times and I learned a lot of hard lessons at zombie times. And so it would be tough, it'd be tough. And so the best advice I have is you've got to continue to save, pay off all debt. You don't go full-time trading with debt. That's how you die. No, no, no, no. That is how you die. Who posted that the other day where they said, act your wage? Were you in that group? Oh, it was that Texas guy. No, Tennessee, Tennessee, Dave Ramsey. Dave Ramsey, that's right. Yeah, he's Tennessee. Yeah, he talks like he's from Texas, but no. He really does. He ain't. Big hat, no cattle. Yeah, the big, yeah, big hat, no cattle saying, yeah. So it's that saying that he says is act your wage. So the dream to create on your own, the dream to become a full-time trader is what most people get into this business doing. It's the dream to break free of corporate America, of having a boss, of whatever it is. But trust me when I tell you that the stock market is the worst boss in the world. She's a bitch. She's a royal bitch. She's a Karen times 10. And she will, she's very unforgiving. The old lady stock market will run you ragged. And then, you know that. And she's like an inappropriate lover at times. Yeah, exactly. It's a really bad relationship. And it's all just homogenized together. It's not healthy, guys. It's not healthy, not healthy. If somebody described to me like, let me describe the stock market to you. When the highs are high, they are so high. And when the lows are low, they are so low that you just want to end it all. If somebody described to me with taken crack. Dude, if somebody described their significant other as that, like when the highs are high, they're so high. And when the lows are low, they are so low. You would just be like, dude, divorce that. Bro, the stock market's an abusive relationship that you can't leave. Exactly, yeah. It truly is. Truly is. Because whether it's abusing your mental capital or not, it's abusing your wallet, whether it's abusing both. If it's not abusing both, one will get abused. Yep, but don't stop learning. Don't stop learning the stock market while you're working. You know, that's what you have to do. You have to have a job that creates income for yourself. And then as you let that income stack and grow, you use that to continue to pay off loans, pay off debt, pay off credit cards, pay off cars. We should probably say it like this, right? We should probably say it like this. If you can't afford to trade right now, but you can afford an MIC membership to learn, dude, it doesn't matter if you're trading or not. You can trade on a simulator and still only pay $197 a month or get an annual and get a nice reduced rate from me. And you're just, dude, you're gonna be able to at least learn the whole way. So by the time you have real money saved up, you're out of debt, dude, you're ready to go. Yep, absolutely. And also remember this, speaking that act of your wage thing. I said, Brian posted this to his Instagram and I thought it was funny. It said, if the new PS5 is more, if the new PS5 price is a bigger number than your credit score, you don't need one. And I think the PS5 is coming in at a cool $599. Dude, yes. If your credit score is lower than the price of the PS5, you don't need PS5. You did not learn a fricking PS5. Yes, it's, oh man, it's something. And so those of you that are still working and stuff like that, don't let laziness overtake you because it's easy to get complacent when you have a job that there's always a check every two weeks or there's always a check every 30 days and there's always a check every month or every week or whatever it is. It, what is it? You can't afford something until you can buy it twice. This is the best quote of all time. If you can't buy it twice, you can't afford it. And what he means by this is anything. If you can't afford to buy that $70,000 Mercedes twice, you can't afford it. So why the hell would you buy one with five grand in the bank? Yeah, I mean, Jay-Z was a dope dealer, but he's a very intelligent man now. He's a fucking billionaire investor. Can you believe it? I know, but it's simple advice, but it's good advice. And it's something that will always save you. So think about what Bao says. He always recommends two years of savings before you ever go into trading full-time. Well, quitting your job, quitting your job. Exactly. So he always recommends something like that. And so yeah, or yeah, sorry, before quitting your job, not trading full-time, but before quitting a job and just going out on your own. Having two years of savings. The way I like to say it, man, is that we can pretty much end here with the psychology of this. Guys, we wanna leave you with what a mindset looks like that's growth for your future. It's all about priorities. How many times have me and Joe said this? If your priority is getting the new iPhone over an MIC membership? Dude, what the fuck are your priorities to have new cool tech and still not know how to make money that can buy you unlimited iPhones if you learn the right way? Like, dude, it doesn't even compute in a logistical manner. Like, if your priorities are the PS5, dude, you know where your priorities lie, just stay broke. I'm sorry. Yeah, if you're gonna go out there and go buy a $600 gaming piece of equipment, and you don't want this bad enough. You just don't want it. And I haven't seen that comment anywhere. I'm not saying people are out there buying the PS5 and shit, but I'm just saying it in risk, because I know a lot of stock traders are gamers, and I'm personally not. I own an Xbox because my son likes to play Rocket League. And that is about the extent of that. Joe, dude, I'm not much of a gamer, but I am on certain instances, and there's only two when a new Final Fantasy game comes out because those RPGs are so fun since I was a kid. Man, I love delving into that like deep, deep world. And number two is like, if there is new tech like a PS5 with a new call of duty, bro, you won't see me again for like two months. I'll be the first in line to get that shit. I'm with you on that. It's like, there's a fascination for 30 days, and then it's gone. And then it's gone. Yeah, it's gone. Here's what goes through my mind is this is literally not making me any money. I'm gaining no skill from this. I'm gaining nothing from this, except I'm just sitting here playing a game naked on a beanbag eating Cheetos. Definitely naked. I am literally what I make fun of every day right now. And I'm like, I can't fucking do this anymore. Here's the difference. Here's the difference. And I just hang it up right there. I'm like, you sorry, sack of shit. I'm the weakest of saints. Joe's 20 twinkies deep, and he just looks at himself and goes, hi, hello to you. I'm telling you, bro. I'm looking at myself shoving a twinkie in my mouth. You're like, you fat fucker. But it tastes so good. You're getting killed by a 12 year old with a Mediterranean. Right, yeah, exactly. I'm like, okay. It's a thing of priorities. So look, man, if you don't know how to trade, you don't have like something like an MIC membership or at least a book that'll teach you how to get better at trading. And that's where your priorities lie. I mean, just look in the mirror. But if you're like me or Joe and we work fucking seven days a week and we make money trading and we do this, our priorities can go get a PS5, dude. So, like, just again, man. And I'm still not gonna buy one. And Joe's still not gonna eat the store of the two of us. Still not gonna fucking buy one. I ain't gonna buy one. The saying is, what is it? Live like nobody wants to, so you can live like nobody can. Yeah, something like that. Yeah, so you live the life of like, you don't wanna live, like nobody wants to live like they're poor, right? When you have a little bit of money to go and spoil yourself, you know, you spend these fucking days slaving away and you gotta go spoil yourself. That's what keeps you sane. You know, you gotta have something like that. That keeps you sane. Yeah, man, like, dude, I want to buy a new $1,000 golf club set here and get them in stock. Like you have to treat yourself every now and then, you know? Exactly, and that keeps you sane, but don't go, you know, like especially the iPhone, God's sakes. What a waste of money. Dude, and then people will say, oh, I just write it off on my taxes. Well, really, all you got was a percentage of it back. Yeah, literally. You know what I mean? You didn't get to write off the entire thing. All you got to do is reduce your income by that same amount. It's not a 100% like, I didn't get 100% of that back. Yeah, unless it's literally your company phone like, made. Right, yep. And if you can do that and you can probably afford it. For MIC, my phone number, I have a business line, so I could probably write off the entire iPhone, but unless you can do that, you should not be getting me the iPhone. Right, dude, yeah, you don't fucking need it. I've got the same iPhone. I think I've got the eight, the plus, and I haven't bought a single other one since. Joe, you're super smart with money or super frugal. I don't know which one. I don't think I'm actually like really frugal or anything. I just like, I'm just, now, if it's like a new monitor, if it has to do with trading, I buy it. Oh, huh. And that's where I'm like a new speaker for my new speakers from my desk to listen to music or some shit like that or a new monitor because I don't like that this one does this or this one does that. Or I'm always gonna have the best I can have in that avenue, but like a phone, I mean, that's a phone. I'm like, can they just make hologram monitors already? Can I just see the shit pop off the screen already? Yeah. Yeah, Payne's over here. He's got me in the jaw. Mr. Greenscreen. I bought that Greenscreen for 86 bucks, Tay. It was $86 on Amazon and I hung it from my ceiling myself, paid five bucks for all the hardware at Home Depot. So it was 90, it was $91. Blast, what are you talking about, dude? Don't dangle the dream in front of me and take it away. What is HoloLens, man? Yeah, what is the HoloLens? Give me 3D charts, bro. Give me 3D charts. Not to go look at that. I know. Open the tab here, HoloLens. Yeah, here's the realistics though, Joe. I'll go buy a PS5. I'll be the first one in line. I'll go play it for a week, get sick of it then hawk it on eBay for double. Dude, yes, for real. People are buying the PS5 right now. I already saw on eBay because I know how this works. I used to be one of these guys, but dude, they're literally flipping watches too. Like if you get your hands on a certain type of watch model, you can double it. Dude, people are buying, selling, I'm sorry, selling their reserves for the PS5 for double. So like if they reserve it for $599, it's on eBay for like $1,200 and you get the receipt to go pick it up because there's such limited supply. Wow. Dude, I'm telling you, you can flip anything, bro. Microsoft HoloLens, mixed reality technology for business. Get out of here. What the hell is this, dude? God, I love tech. Oh, shit. Yo, we just invented a whole new way to trade, baby. Or watch Pornhub, one or the other. Oh, wow. The ultimate mixed reality device. If your world sucks as bad as we think it does, buy our new HoloLens 2. Has life got you in a rut? Is it dull as shit and buy our new HoloLens? Are you tired of living in your own home? How about you living in someone else's home, in your own home? How does that sound? Are you tired since you quit your job to work from home but now you're tired of working from home? Let's work on a beach. Go work back in your office from home. This is where it becomes the Joe Rogan job. So this is like, this is. All right, just show me how to work from Kate Upton's bedroom and then I'll get there. There we go. Can you show me how to do that? Yeah. Yeah, can we load in like our own virtual background? Can I just be a fly on the wall while I work? Yeah. Oh, man. Yeah, there it is. If you will live like no one else later, you can live like no one else. Yep. Does it cost more than a PS5? Probably not. Oh man, guys are closing questions while we have a couple of minutes. Any closers who got some questions? Who got some questions? There's a right now button. Holy shit, that's $3,500. Whoa. This is? Yeah. Get out. So do they take cash or check? Yeah, right. It just does what I think it does. For more information or to speak to a specialist, call us at 1-866-425-4709 Monday through Friday, 6 a.m. to 6 p.m. Pacific time. Yeah, we could promo this right now. HoloLens 2 is the most comfortable mixed reality device available with industry leading solutions that would deliver an immersive experience. Dude, I'm gonna, I'll send them an email. Maybe we'll partner with them. We can get a couple of these on board. Right. Especially for the trap house in Texas. Dude, yes. All enhanced by reliability, security, scalability of the cloud, and AI services in Microsoft. It started right away with this off-the-shelf applications or build. Stop. Flash, dude, I believe you, man. You can watch charts from TradingView for now. All right, guys, well then, I'll close it with this. We are definitely here to take care of you, man. I know a couple of people wanted the annual with the Accelerator course, so I'm doing something there for you. If you have any questions about upgrading, getting access to anything, signing up in general, questions about MIC, if you wanna know what I really think about, Joe Kelly, just text me right here, man. We'll get all the answers you need. But, dude, Joe, this was awesome, man. Seriously, this is so good. Always a good time, man. Tay, funny as always, keep building that will, man. I'm telling you, I need to learn how to hold like Tay, dude, or I'd be doubling and tripling my money. I don't wanna learn how to be like Tay. I wanna get related to Tay. That way I can be like that really. I think, here's what I feel like Tay does. I feel like Tay will buy something like I bought me on Meet 130, and then I feel like she will tell her broker to change her password so she can't fucking log in, right? How the hell can you hold the way Tay does? I, the level of patience that she has, man. Oh, my God, man. I know, I don't, I don't have it, but. All right, buddy. All right, buddy, see you, man. Yeah, next week, man, let's do the damn thing. See you, guys. See ya. See you, bye.