 All right guys today is Monday January 6th at 11 a.m. Market time so For those that don't know we have like a content schedule every single day I do a YouTube live recap on Mondays about this Instagram live on Tuesdays Tosh does a webinar on Wednesdays Austin does a strategy webinar on Thursday on Friday. We release a live trading video Saturday We have the Saturday morning Q&A and Sunday. We have a new episode of trading basics and fundamental analysis. So Reason why I'm making this video today is there's really not that many trades to go over what I kind of want to go over is the Meetup so let me kind of backtrack first before I kind of get into the meetup Number one is me and bow put together a mentors course for the brand new trader If you guys don't know I took a $30,000 account and turned into $113,000. I did this in secret I did this in private because I feel like if you will have people following you if you have people chasing your trades If you have people Watching over you every single second it puts on a little bit too much pressure So I kind of did this in silent without anyone knowing just to see what if I could even do something like that So I opened up a PDT an over PDT account because that's basically Where most people start right? It's very hard to turn a $500 account into a million dollars If you don't have people following you if you don't have thousands of people following you and I might see we don't do any alerts We don't do any shit like that. So anyway, we put together a course. It's at my investing club co slash Alex So you guys can see all the broker statements and all the proof and shit like that there too So let's kind of talk about the meetup right so Trading is fun and trading is good, but like any other Profession or like any other high-stress job we often forget how important it takes some time off I consider myself a workaholic. I work seven days a week. I work weekends. I answer questions all day I try to focus on how we could kind of improve the experience that my see for members. I don't stop, right? I don't stop Monday through Sunday. I don't stop and I Think that's probably just the work ethic that I have acquired from this watching how my dad doesn't know how my family does it It's basically all that we know is just to work our asses off because that's the only way that you could find success in this world So I often find myself Overworking and I often find myself Only taking a vacation when it's too late. I only find myself Burning out first and then taking time off So what I've been trying to do is I try to be more proactive. I'm not sure how to be more proactive this year The last time I took a vacation believe it or not was six months ago and that is totally totally unhealthy for someone That's working seven days a week. I feel like I don't earn a vacation. I feel like I don't deserve a vacation I feel like I have to work harder before I can Take some time off for myself. So that's kind of my own flaws So what I'm gonna try to do in 2020 is instead of taking one vacation a year I'm gonna try to take four vacations. I'm gonna try to take a vacation every single quarter just to refresh my mind The last vacation I went on was in Mekanos in July and it was the best time I ever had Unbelievable partying food women. Everything was amazing. So this time I'm going to Miami I'm going Miami with a couple of friends and to be honest. This is just me being honest I don't want to work. I didn't want to do anything. I don't want to throw a meetup I don't want to do anything like that But then I thought about it and I said to myself like there are so many traders out there that all they need is just to Meet someone that's gonna kind of give them the confidence that this is possible They just need to meet someone that's gonna tell them that I believe in you They just need to meet someone that has been successful trading to prove to them that this is possible So, I mean when I was first thinking well The whole idea of a meetup never even crossed my mind. I said it's vacation I haven't taken a vacation in six months. I'm just gonna go. I'm gonna go to the beach. I'm gonna get drunk I'm gonna pass out. Hopefully I get a sunburn. Hopefully I meet some girls like I don't want to be thinking about trading I'm gonna turn off my phone. I'm not gonna bring a laptop. I've touched text to me. I'm about to have to fuck off That's the type of vacation that I need. I need the type of vacation where I don't talk to anyone I don't do anything. I just relax by myself But then I thought about it and I was like fuck man Like there are so many traders that are in the area There's so many people that are maybe even curious about trading or struggling about trading So with this position that bow and I have with this Kind of internet fame or whatever the hell you call it It is our duty to be able to use our power to help people, right? So after thinking about it, I was just like, you know what? Fuck that I could make time to throw a very small two three hour meet-up for the members and for non-members in the area And that's basically what we're going to do. So We picked I picked the nicest hotel in Miami. I think it's the fountain blue hotel And the hotel bar there is fucking out of this world It's nicer than most bars in new york city and it's at the hotel So what we're going to do is we're going to throw a meet-up on january 10th at one to three p.m Right one to three p.m at the fountain blue hotel bar. You can't miss it, right? It's going to be on january 10th. This is open for members and for non-members, right? so I'm going to put a link in the description of this video of the registration link So you it's a hundred percent free to attend. I'm not going to sell you a dvd I'm not going to sell you anything without time share nothing like that But all we need to do is reserve your spot on the form that I'm going to put in the description So that we know how many people are coming so that I can let the hotel know This and that because sometimes, you know in new york, we threw a meet-up. There was like fucking 55 people there So I have to let the kind of the hotel know what's going on. So The point of this video the point of this video is this is to remember that taking time off from the market Is very very important for your own mental sanity Um, I my biggest problem as a trader is that I hate missed opportunity I hate hate hate if I sleep in and a massive runner comes up and I miss it That to me is worse than anything else Opportunity is everything to me, right? So when I When I feel like I am missing opportunity. That's why I don't feel like I want to take vacation I have a very strict rule not to trade on vacation And the reason why I have that rule is because there's been so many times that I've traded on vacation And I've made money and it's made me happier on vacation And there's times that I've lost money that's ruined my vacation completely So rather than having an all-time high or having an all-time low based on my trading on vacation I say, you know, fuck that I'm on vacation for a reason. No trading on vacation. So I don't trade on vacation That's one of my rules. So Basically the plan is is to recognize that hey as traders We are always trying to improve. We are always trying to get better We are always trying to push ourselves harder, but we cannot push ourselves harder without Relaxing and resetting, you know, our brain needs a mental refresh our mind needs a mental refresh I can't even believe that I've been working literally Monday through Friday trading every single day And then Saturday and Sunday working for six months straight without feeling the need to take a vacation And that's usually because by the time I'm burned out, it's too late. So I just kind of want to remind you guys to Take some time off the market's always going to be here and if you miss one play Who the fuck cares man? There's going to be more place tomorrow. There's going to be more plays the next day It's not worth it, right? It's not worth it But this workaholic attitude is what got me here in the first place. So there has to be some sort of balance so, I mean We were planning on just partying in Miami We were planning on just going to the clubs and the pool parties and everything doing the whole nine yards, but After thinking about it to me, that's not really relaxing, right? There are certain people that party to relax and there's certain people that relax to relax And me and bow are kind of like yin and yang, right bow is the outgoing social Party animal that drinks and could spark up a conversation with anyone Whereas i'm more the kind of guy in the corner drinking some beer just observing and just being quiet and I like to listen rather than like Participate, so I mean, yeah, we're still gonna party But the point of this miami trip is just for me to relax get fucked up on the beach Have an umbrella under my head. Maybe you have a hot Spanish girl next to me Who knows right who knows the point of the matter is that I've been needing a vacation. I've been needing to relax and It took me long enough to do it But I want to be proactive and make sure that I make this part of my process and trade right My process and trading is what is uh, it's my routine, right? It's my routine So I want to be able to incorporate some vacations in my routine or else i'm going to go fucking crazy So again, if you're joining late, uh, the miami meetup is on january 10th at 1 to 3 p.m at the fountain blue hotel Um Come have a drink come talk and the reason why you should come to this meetup Is not to see me sure you're going to see me But remember your goal as a trader is to find a trading accountability buddy in the area, right? Your goal is to find someone that is from miami that you could bounce ideas off of that You could meet up with when you have a good day when you have a bad day someone that's going to help you improve your trading So when you come to this meetup, don't just be focused on asking me questions Be focused on socializing around with other traders because as traders we are stuck at home I'm literally wearing this I'm wearing fucking sweatpants like I'm literally stuck in my house. That's a prison Right and most traders are like that too. So This is your opportunity to kind of network and hang around other traders in the area So you should be taken full advantage of it Um trading today. Let me let me see if I have any trades to kind of go over I mean Let me see I mean, I don't really have anything too important to talk about. I mean, I guess I could pull up life, but Let me see if I could Turn this around so if you look At my life trade Basically, I saw stuff in the morning here So I just shorted the next bounce made money and then over here. I was shorting the uh 750 level I added to my winner and then when I saw seven dollars holding a little bit I uh covered and then as soon as I covered it dumped and then I had another vwap rejection trade here and stuff like that So, I mean nothing really to make note of today made like, I don't know a thousand bucks or something But the point is is that Today was pretty much a straightforward day today was kind of a day where you show up and make a little bit of money and you walk away, so That's basically that a couple things I want to make note of me and tosh are going to be doing another Trader clinic webinar when I come back from Miami For those that don't know a trader clinic webinar is a once a month webinar that me and tosh do exclusively for lifetime members It's kind of more of an intimate one-on-one coaching environment We're still trying to figure out the format of it But I had an idea of I was thinking maybe what we could do is during these uh trader clinic webinars Maybe we bring on a lifetime member onto the mic with me and tosh And we could answer their questions specifically on the mic while they talk So that everyone else who probably has a similar question could get the answer to that as well So that's something that we're thinking about Um, so yeah, do you guys have any questions for me? I know I was kind of rambling a bit But if you're going to be at the Miami meet up comment in the video comment right now Let me know who's coming. Let me try to get a head count and uh, I guess I'll see you guys there So do you guys have any questions for me? Let me Check on some stocks while I wait Any questions guys? Can you talk about fcel? Sure. Uh, what what do you what what about it? Not sure what the levels were so Okay I pull up a chart. Give me a sec. I mean here's the thing so I put out my video watch list every single morning right every single morning. I put out my video watch list And today's video watch list was free and in my video watch list I said that my plan was to short the 250 level, right? So let me see. Let me show you guys how I found that level Look at that I drew a line Towards this 250 level and in the morning what I did is I actually top ticked it believe it or not Uh, the way that I top ticked it was actually simple. So I shorted some at 234 Right, I shorted some at 234 and that was because at 235 I saw a massive seller So I basically just jumped in front of the massive seller with the plan to cover into him in case he moved Right, and I basically top ticked it. I added to my winner. I covered and I got out of it. So I mean Yes, the lines are your guide, right? The lines are your guide But something that I want to emphasize this is to a lot of people Reach out to me and they asked me how do I retake what how important is reading tape? What is how do I retake this net? So that answer is two fold, right? That answer is two fold Number one is the lines are your primary source of information. So I'll give you an example At two dollars and fifty cents if your line is at 250 But you see a massive massive hundred thousand share seller at 245 Then that still means that that 250 level is working So use the level two to see if there are sellers in the area to confirm your thesis, right? That's how you use level level two and the way to learn level two is we have videos on it We have examples on and we have everything Bow asked a question. Let me see what he said. He said guys, what is stopping you from joining m.i.c I'm curious to know what we could do better. You are losing money by not being an m.i.c So I'm very confused why people will rather lose money than join. So I'll give you an example I talked about this all the fucking time and I look at this I say m.i.c is 179 a month and there's other services out there for 50 or 100 a month And most people what they decide to do is if they don't know about trading And they see a hundred dollar price tag and they see a 200 dollar price tag Most of them automatically are going to go in the hundred dollar price tag option because they think the cheaper option is the better one But what we've created m.i.c is actually a community of traders that are consistently profitable What you have to do before you join a community is not look at the guru or the mentor and see how they are doing That's irrelevant What you have to do is look at how the members are performing You could be the best trader in the world, but if your members are not learning then your service is useless, right? There's a difference between a mentor and a guru, right? A guru is the type of guy that's going to go on the microphone and pump his trades Go on live screen live shares Pump his trades go to text message alert pump his trades and most people when they go to trading They look for the easy way out and what they fail to realize is if you take that easy way out You're going to blow up your account in a month. So I mean At the end of the day what you should do is look at what m.i.c. Members are doing look at their progress and compare to other members progress Do you think your strategy of shorting can fit anybody or can be mastered by anybody even if the person is buying more? We have strategies on shoring and we have strategies on going along, right? It is not just a short biased Community we have plenty of long biased traders. Austin is a moderator is a long biased trader Harry is a long biased trader. Tay is a long biased trader. We have so many traders that go along. We have so many Videos of members that go along or we have a rule at 10 30 that enforces going long So we have everything right? It's not just a short biased community And knowing how a short trader trades if you do the inverse you will find success on the long side, right? If you think the m.i.c. Exactly tom if you think m.i.c. Education is expensive try ignorance instead Try buying a $5,000 dvd try joining a starter program try doing all that shit Yet when you join m.i.c. You get four dvds for free and you get 650 videos for free Oh, yeah, we have a large cap room too. That's run by brian sam and joe So we have a large cap channel. We have a shorting Shorting a long channel. We have everything Let me just look around again. Sorry looking at the trades around here And also if you guys hadn't realized I'm only trading for one hour a day I'm trading from 9 30 in the morning till 10 30 in the morning every single day And I'm cutting myself off at 10 30 So long as you have one hour before the market open and one hour at the market open So as long as you have from I don't call it 8 30 to 10 30 in the morning You could use our m.i.c. Process to find consistency It's just that simple man because what I've noticed is this I've noticed that the longer I stay in front of the computer the longer I stay in front of the casino The more odds I have of losing money. So by eliminating the times that I lose money I've dramatically increased my p&l Any questions guys There's all this stuff makes sense if this stuff is making sense leave like a like here I see the likes go up. So no, it makes me know that everyone's understanding what I'm talking about What was your thought process through life always your game plan at the open My plan was to short the 750 level and I got like 7 30 7 40 in the morning covered at 7 bucks and walked away That's it trade took two minutes The longer you are from the screens the more probability you have of losing money again guys We are giving you the exact blueprint that you need right I am building my small account going long and being an m.i.c. With all the shorts and alex's watch list It's great. It's like bro. I put out my watch list I put out a video watch list every single day We have one-on-one phone calls like if you're not getting it m.i.c You're not going to get it anywhere else No one else would hop on the phone with you one-on-one and call you a mentor you about your trading No one else is going to give you 650 videos for dvds for free. No one else is going to throw a fucking free meet up for you I don't have to do this shit. I could just go black out on the beach if I wanted to But we actually care we actually care That's why m.i.c started m.i.c started because me and bower stick at the bullshit out there And we want to do something different Well, m.i.c add an options mentor. We have options videos already We have 10 options videos from ak wildlife who is a lifetime member who specializes in options trading recommend the minimum number of screens to I have four because I've been training for six years bow has 10 because he's been training for fucking 20 years That's it guys. That's it Who else is going to meet you one-on-one man? That's what I love So brandon brandon is one of our members brandon wellington Um, and he said the reason why he joined m.i.c It was because when he's giving his harder money to someone to help him trade He wants to actually meet the person that's teaching him how to trade right and that's what separates m.i.c We started the meet-ups and now everyone else is doing meet-ups. We started giving gifts back to members now people are doing that It's like m.i.c is setting the bar and every single other person is copying us so At the end of the day, wouldn't you want to join the community that is pumping out the most consistently profitable traders? Sorry, I'm still a little bit sick Questions guys questions trying to see what else I mean, if you guys didn't watch the free video watch list that I put out today Uh, I put out a free video watches every monday. So be sure to check this check that out after this video If the 235 seller got taken out a few fcl would you have scaled 240? So I shorted 234 with the plan to cover if the 235 seller Moved right so I was risking one cent to make 10 cents and not every single setup is like that But when I see a massive seller it only makes sense to me to jump him and jump ahead of him Because the odds are that either a he's going to move his order down and the price is going to go lower or b Someone covers into them all exit two Did you plan to scale higher on life? My plan was 750 So I was planning to scale at 750 and if it broke above that level I would stop out and wait to attack around eight bucks But we have a rule called the 30 percent rule A 30 percent rule is that you are only allowed to use 30 percent of your size on the front side of the move You could use a vwap as your confirmation. You could use a death camp as your confirmation You could use a death line as your confirmation But on the front side of the move you're only allowed to use 30 percent of your size and that is what's keeping our members safe What kind of chair do I have there? This is a $10,000 herman miller chair Just kidding. It's a fucking $200 staples chair Got this from staples or office depot or some shit Yeah, we're the only people advocating heart stops because everyone else is advocating Use hotkeys hotkeys hotkeys because if you use hotkeys you're pumping your fucking food stock higher so you can sell into you Okay, so i'm gonna end this youtube live shortly, but I want to show you one thing before I end it so This is something that's really cool. I think so this is This is a deck of cards In a glass milk bottle with all the wrapping and all the thing on it, right? So as soon as I saw this on the internet, I wanted to buy it, right? So the question is is that how did they get this deck of cards into this glass bottle? And before you say that they put it in and they sealed it from the bottom remember that the only way that you could seal glass is from heat and the the uh, what's it called the uh, the wrapping on the cards is still on it So they did not heat up the bottle because if they did the wrapping would have uh melt it off, right? So the question of this is how do they get this deck of cards that is sealed and wrapped into this milk bottle, right? And the reason why I saw this and the reason why I like this is because It is like it's there and you see it's there it's possible But when you look outside of it, you don't think this is possible So the reason why I have this in my office and the reason why I loved it so much to get it is that Whenever you think that something is impossible, right? If you think something is impossible always know that there is a way to do it It might not be the simplest way and might not be the most obvious way But there is a way to do it So every time I look at this card this deck of cards in this bottle It reminds me that if I want to do something I just have to think a little bit outside of the box And it makes it possible So if you want to research how they actually put this in there you could I'm not going to say it because I think it's cool But I actually learned how they put it. It's very interesting But this is something that I always want to remember and I always want to keep on my desk that Shit, man If they're able to put a fucking deck of cards into this bottle while it's sealed That means that we as humans could do whatever the fuck we want so And this deck is 52 cards all sealed all in there. There's actually cards in there. It's not just an empty deck, right? So I thought this was fucking cool, man. I thought this was cool It's always going to remind me that everything is possible in this world Although it does not seem obvious. Although if someone said you could do this, it's impossible There's some guy someone out there some crazy motherfucker that's going to be doing it. So let that be you Could you explain what is shorting? I mean, shit. You basically make money when the stocks go lower That's it rather than looking for a stock to appreciate to make money. You look for a stock depreciate to make money What do you think about hedging your positions with options? That's a more advanced strategy that I don't really care to learn I'm making great money doing what I'm doing now and I don't want to stress myself out learning something else That's going to take me years to master right because that's what happens if you learn new strategy It's going to take you forever to master yet I already have a strategy that works I must stick to what's working I think that's it guys. I think I'm going to Farmer is a term for a chat room pump and dump. It's not one specific person. It's not one specific entity It is a generalization of what a chat room pump and dump is And again, this is just to end it But if I'm able to take my 30 thousand dollar account and turn it into 113 thousand and 30 days That means that you could probably do something doesn't have to be fucking 83 thousand dollars a month But even if you make 5000 dollars a month, you're still making 60 grand a year working two hours a day And that's the point of trading trading is to supplement your income man Anyway, that's enough for me. Uh, I am on my Last day of antibiotics. I cannot wait to fucking take this last antibiotic pill and feel better man M. I see you could hit up here Also, let me let me actually mention this too. So Uh, where the fuck is it? Um, so we actually we There's a good reminder. So We actually are releasing tosh's personal cell phone number for anyone that has any questions about joining m i c Or as curious or as on the fence. Let me find the phone number first. Give me a sec We wrote it down somewhere, but I gotta look for it um Okay, so you could text tosh directly at 973 506 9822 So at 973 506 9822 you can now text tosh directly about any questions about m i c Uh questions about joining uh questions about if m i c is right for you So You could only text him do not call him. He will not fucking pick up your calls All right, so this is a first time thing. I don't see anyone else doing this shit I don't see anyone else giving you their personal number to help Understand why m i c is the right fit for you. So again guys, it is 973 506 9822 you can now text tosh directly. So Thanks guys. I will see you in miami on saturday Um, I don't think there's anything else again. It's free 100 free. No time share nothing like that I'm gonna go get some food get my antibiotics Uh handle some m i c stuff and that's very sick So have a great day. Thank you everyone for coming and I'll see you next time