 PR OVO Provo, Utah, which is like an hour or 45 minutes away from the airport So the infree do not have to be a member to join this meetup guys completely free. We have food We have people this I want to keep telling you guys the MIC is more than just a trading community although that's our main focus stocks and investments, but it's also a social and professional networking Club where else can you meet cool people like yourselves? Goal-oriented that talk about the markets. You know, this is not like meeting guys at the club You know, this is different than the gym. This is like at our age, you know Where can you meet people like us right goal-oriented good solid people? So that's why I keep telling you guys this is like the country club for the everyday man Okay, guys, so when you join is not just you know by stocks, which is about stocks But dude think about this man. This is a club. You guys are paying hundreds of dollars to join a gym or to join some other Social networking club stupid. What do you get out of it? Not much, but here you get, you know stocks mentorship great people Meetups all this so make sure you guys attend this will change your life I guarantee you guys it will change your life man If not anything you meet great people and you know, you you see outside of the United States You've never seen I thought Utah was a bunch of stupid stuff, but it's actually very cool man beautiful mountains crisp air Just great people. So that's what we're coming back to Utah and that's the information is on my investment club comm slash meet up Okay, guys free free free free You see what else is there? You're round Alex. I guess Alex is trading this Be be be why so I want to talk about that man. I See people blowing up man. I see people blow up They leave MIT sadly. I don't want to talk about names, but dude I see it all the time today. I think someone blew up on BB be why short They left and I see this and they can't learn anything from them. They joined another community. They blow me dude. I Keep telling you guys man risk management is the one thing that's keeping me alive for two decades Okay, I'm here making money. I've been on a green street for half a month down I mean I'm today is a hard day. I'm green on today. I agree. That was great yesterday That's what the point the point is risk management It's not how much you make necessarily is how much you keep you can make money every single day five days in a row 10 days in a row but That one day that you lose so many people blow up their entire account and that's why I want to talk to you guys About okay, I want to talk to you about how do you keep your fucking money? You know you have this I'm like a broken record talking about stop Losses talking about heart stops talking about max daily loss auto liquidation at the broker level This is why we partner was a sex trader Okay, because we had all that is that's a sex trader Okay, when you open up when you open an account the first thing we do is tell you to set up a max daily loss Auto liquidation's I'll tell you what that auto liquidation is okay Massey laws doesn't really help you it helps because it stops you from training You hit a certain maximum loss like a profit on the day like an unrealized Lost and the system will block you you cannot add anymore But unless you have auto liquidation the position is still there So I used to have so I've tried I You know I'm the I'm You know it's very hard for me to get stopped out because I don't want to get stopped out I have a big account I have big money and I don't want to fucking lose right no one fucks I lose so we keep adding to a loser all these bad habits and what happens is this you know Four out of five times you get out of that position by adding into a loser adding a loser you get out You know, but but I always say this man when you break a rule and do something like that you and when you win You win the minimum, but when you lose you will lose the fucking maximum Which is your entire fucking account and this is why we're saying keep the good habits Revenge trading added to a losses may work four out of five times But the problem is that fifth time you will blow up your entire account Because you add to infinity and you will get wiped out and this is why we keep telling you to do the max lady loss But they but it but that's not enough you have to do the auto liquidation because all the liquidation will take you out It will force you to cover and exit and sell you position Otherwise you will hold on to that position Praying it go down. So how many times that I happen, you know, you you run out buying power Yeah, you know you add as much as you want to loser You run you're out of bounding power and now you're holding on to that loser and now you just doubled and tripled your loss And that's what the auto liquidation does it takes you out of the position It forces you to get the hell out and not only that I told my broker once I get auto liquidated Once I hit my max day loss on that ticker. I'm done on that ticker. I cannot go back on that ticker Okay, so these are the risk parameters that I've set for myself Which has kept me alive and this is why knock on wood You're never gonna blow up if you set it up correctly Because you cannot go back to that ticker that kick either you fighting Mike Tyson What you do you take a break and come back and get kicked again No, dude, you chill the hell out you run away and you come back to fight another day And that's the auto liquidation. Okay, and that's with success trader. You could do all this Okay, guys, so I I see people blow up left and right because they do not have proper risk management another proper risk management is stock selection I Today was pretty much easy going day for me, man I mean I was up green ice green within the first 15 minutes Let's get that in touch these meme stocks and touch BBBY and touch all those crazy-ass stocks You know GME just went ballistic now, you know all these stocks just going nuts. There is no edge for me I'm sticking to my niche guys these these these hot stocks of the day the hot chicks the shiny new object Those will make you go broke if you are long by a straighter go ahead though. That is your edge Okay, if you are long by a straighter that your edge is on day one of these crazies that are blowing up the stupid Short sellers the amateur short sellers that are fucking have no risk management will blow the hell up Okay, guys, and so for a long by straight take advantage of that go along these two stocks Okay, for a short seller. I took them off my screen because of the fact I took them off my screen, too I'm just chilling. I give a fuck Okay, so what if it goes down three bucks three bucks is what? less than 10% I Mean I can make like 20% on a small cap. No stress. I Can trade 10 those versus focusing on one one BBBY short and losing my ass so Discipline discipline discipline to to adhere to risk management risk management does not is not only about P&L. It's about stock selection. It's about not over trading It's about picking the easy guy to kick ass Why am I fighting Mike Tyson when I can beat up some little scrub, right? And so that's what it is man. I'm like, so let me go through some charts man. Just to show you. Okay, hold up All right, what we got here guys a and let me see. What's a good one? Let me see what I just covered. Okay. Look at this man. Are you being? look at this shit Our ebm dude, look at how fucking sick this is this was a pump from a chat room shorted it Went down cover all the way down dude. This is fucking sick five dollars Down to life low force and then what I do reshort the pop Covered the bottom Zombie hour comes get the fuck out zombie our rules Notice it's on beat if you are a long buy straighter go longer zombie hour. Look zombie. It's on beat of 50 cents, dude Boom. So I did I just waited for the outer lines. This line worked in the morning Same as that shit, dude Same shit. This line worked fucking all day Then boom candle down cover cover cover now. I'm chilling No fucking stress. Why am I messing with BBB? Why right guys? Let me see what else I got here guys Let me see what I guys got here amtd Another one Went a little further than I thought but covered down the bounce Covered down. I'm doing the same shit. I'm doing every single day guys same fucking shit every fucking single day Same shit every day. What else is there? I ZE a I mean, dude, I'm just doing the same boring ass shit guys Rl. Here's an interesting one guys Do my channel trades top tick every single wick covered all the way down three four times Try to do the fifth time. It's a non non non Teleporting try to kick my ass, but I covered half I stopped out half in time and then did another candle up which I covered the rest here And then I reshorted it walked all the way down do the same process every freaking day guys This is and the beauty is this the beauty is this guys The beauty is you have stocks like BB PY GME taking all the attention so all of the money flow that we talk about in MIC It's going to these meme stocks which makes it very difficult for these other stock to get attention stocks Need volume for it to go up without volume is very difficult Because they have to be bought up right so it's like a freaking attention whore Yeah, right now the attention whore is BB PY Holy shit, it went all the way up. We fucking kill people right now It trapped again went all the way up so all the attention is going to be BB PY the attention whore right there So what I'm doing I'm just picking on the easy target you guys here. I am on small caps sticking to my niche Making fucking money guys. No joke. Let me see what I'm doing here. Let me cover some more shit Let's hold that guys. Okay So I'm doing well today guys, you know make my make my boring ass fucking money every day You're boring ass fucking money, but you know when you trade correctly guys your heart rate Should not be like out of your chest You know, it's boring making money every day is boring to be honest because you know why I'm doing the same repeatable Pattern every single day my process is the same every day boring ass fucking hell Okay It's not about the money anymore It's about if you trade right if you stick to your process and you have a winning strategy In a winning process it will yield the proper results Do not focus on the P&L focus on trading properly to adhere to your process It's simple as hell the guys in my CC match up every day. You know, it's funny I think they stopped clicking like on it because it's so boring Okay, it's expected bow is gonna fucking top tick this shit fucking short make money, right guys It's like all about in the matrix yet. I'm not the matrix guys. I'm fucking I've just fallen my process. My process is the matrix If I stick to the process and I'd be and I'm patient I'm in the matrix because I because the process is in the matrix, you know saying guys So that's what you do guys. So you guys need to attend this meetup I'm telling you right now So when you go there and show you the secrets of doing all this stuff guys I mean shit free to attend all that. So any last questions guys. I want to take some questions and before I log off Where do we side to cover trend? Okay? I we came up with the concept the simplest concept is lines Okay, we this is support pitted all these lines So take a look at our YouTube channel do me a favor guys when you see Twitter click like please because it helps the Algos click like on YouTube click like on Instagram while you all you guys have been just checking this out All I asked is fucking free all I asked is to click like please So so just so that we can get some traction man, you know because instead of having these pumpers get all the likes Okay, any questions guys All these guys are fucking blow up today. I mean I so people say this is a hard market I mean the same fucking market guys. You follow your process the same fucking market These guys are blowing up because they have no fucking risk management. We talked about Insider ownership is called. It's actually institutional ownership. Okay, so that's more important than insider ownership in my opinion We have classes on this too. So the higher the institutional ownership the the more the stock is going to be Protected by the institution. So like a star like Apple is gonna be very hard to kill because every single institution owes Apple What is my risk reward it dude? You always have my adding to lose all that dude, dude. Yeah, there's many different training system guys You saw my charts. I don't fucking I Don't trade the fucking the risk reward kind of thing, you know, you can do that if you want it's up to you Man, all it is is pre-plan. I pre-plan my fucking trades. It looks like I'm adding to loser. No, dude I have I have a big position. I want I'm not a fucking. I'm not buying 100 shares I'm not having one order of fucking 10,000 shares there. I need to scale that shit up And so that's why you see me add I'm scaling I'm scaling because you know I'm not putting 10,000 fucking shares in one fucking order What else guys ask some questions I'll give you guys a couple minutes and then I'm gonna head off and I'll see you guys in the meet-up. Okay The information on meet-up is on our Twitter page My invest in club or the monitor underscore rock No, you don't need to sell up guys I post all the time keep your size is small because when you keep your size is small, you know You know, you're trading properly. You're not gonna squeeze out a small size wide stops is what I recommend And you'd be surprised guys build your fucking bankroll before you size up Consistent the blueprint for a thousand-dollar days begins with a hundred-dollar days the blueprint for five thousand-dollar days Began with you know, I'm averaging over $5,000 a day for past few weeks. So I mean, too It's not that bad. I don't post the P&L, but dude, you know, I Think charts are more important. You guys can deduce, you know My whole point is like who gives a fuck how much I make guys. I make more than you obviously But I mean, I don't want to talk about that shit, but you take a look at the fucking charts guys I don't fucking sit here fucking trade for free. Okay? And the point is if you trade the process right the share size up to you, you know You can have a thousand share size you'd have five thousand share size. Okay is all up to you But if you take a look at my charts, I want to show the process. I'm giving out fucking free information here guys That's why I want to stop at some point. I'm gonna be tired of Twitter Twitter's a piece of shit You know a bunch of trolls and stuff. So but I like you guys I like helping people. I've been on Twitter for like fucking forever. I've been helping people like forever So trolls won't stop me if you were a troll join MICs meetup guys. I was glad the Meet you face-to-face. I think I'm a pussy Fucking stick your finger my pussy. Yeah, but um Anyways guys any of the questions guys, I'm gonna keep this short and sweet I want to make sure you guys go to the meetup I give you guys very valuable information here a couple more couple more questions and I'll log off Those that see value You guys are gonna be successful those that are just fucking being a dick cuz they are losers You know, I can't help them man. I try to help everybody, but sometimes in life guys you gotta help yourself There's a lot of free information that we give out there, but you know man. This is you Man we I spent my entire life trading guys They're starting fucking shit that I don't I don't want to Reveal to the world for free When people ask why do you charge you being money? Why does fucking Jeff Bezos and Elon Musk charge what they're fucking rich because they can't they got rich because they charge No, nothing valuables for you. You mean you must be a dumb fuck to think that There's free information out there. It's gonna make you billions of dollars. Hell fucking no You have fucking you must be a fucking communist or a socialist. It's like it's capitalism, bro You know, if you want to learn how to do a management You go you pay fucking a hundred fifty thousand dollars a year to go to a Harvard Business School If you want to be the top doctor, you're paying a hundred thousand dollars a fucking year to go to the top medical school You think the medical school is free? If you want packages to come overnight you pay for prime shipping at Amazon, you think that's free Why do you complain to Jeff Bezos that hey, you got so much money Jeff Why are you fucking charging me to watch? Amazon in 4k So I so today I just paid another $20 a month or some fucking shit to watch Netflix on 4k. I'm like, why? Yeah, that's not that was rich This is the most stupid question is ever if anybody asked if you make money. Why do you charge those guys are losers? I'm telling you right now, man. That's nothing good is for free in this world guys. You get fucking but anyways guys I appreciate this I If you want to talk to me further, you know where to find me if you want to meet up with me in person come to the meet-up If you're a troll your hater, I'm welcome to meet you anytime in face. No one needs to know that I kicked your ass That'd be a funny guy, but I whooped your ass. No, but anyways, I'm just joking around guys Maybe maybe not but I love you all. I'll see you guys in Utah And that's it man. I'll see you guys later