 11 a.m. This is gonna be a recap video talking about all the coronavirus stocks that have been going crazy Before I start a couple of house cleaning things if you guys are brand-new trading or Interested in trading at all me and bow put together a free two-hour mentorship course for the brand-new trader It is available at my investing club dot co. I'll also put a link in the description It's a hundred percent free. The only problem is it's limited seating every single week Also, we are having a discount on some of our programs The annual mentorship program is discounted $200 lifetime discount a thousand on February 1st We are raising our prices By the the monthly is being raised by $20 a month and the annual is being raised by a hundred dollars a month So if you sign up before then your prices get grandfathered in for life as a current MIC member You guys keep your same rates forever unless you cancel and sign up again, then you have to pay the upgrade at price So let's talk about all the stocks and play today, right? So I Did a video watch list before this video? So if you haven't seen it, I'll like link it in the video somewhere. I'll try to put it in there but I was basically talking about all these corona stocks corona stocks Corona virus stocks and talking about sector plays and sympathy plays and stuff like that so What is a sector play? What is a sympathy play if you're new to trading? Maybe you don't know this stuff, but a Sector play is when there's a hot sector that everyone in the news is talking about Everyone is like your grandma and grandpa know about it every single person knows about it And that means that these stocks tend to go crazy. So let me give you an example from the past so When there were a lot of police shootings where all these cops were shooting people the hot thing that Everyone was talking about was police camera Cameras on your the police officers like they have it strapped on or whatever So there were a lot of companies like DGL Y that went crazy when these Security camera body camera things were hyped up the stock DGL Y went from, you know, $2 to $35 or something crazy another sector play was When there was the forklift stuff, so it was plug FC BLDP I think there was something that Walmart said that they were looking to use some of their technology something like that So all the entire battery sector went crazy More recently it was stuff like the marijuana sector. You had stocks like CGC IGC And Bev go crazy, right sector marijuana is hyped up sector goes crazy Another one again, these are had these happen all the time So I want to kind of keep giving you guys examples so you guys could maybe look up charts and see what ends up happening So another one is Ebola when Ebola stocks were going crazy They were Lake and APT everyone thought the Ebola was gonna kill everyone and it was game over But these stocks went crazy like 2 to 30 1 to 10 something crazy Recently there's the Bitcoin stocks M.A. R.A GVTC all these stocks kind of went straight up and straight down the one that I'm the most familiar with the one that I Cleaned up on the most was the shipping sector Dry ships right over there. That was kind of one of the biggest trades. I've ever had in my career swing trades so What that was was I think Trump was saying something about shipping or I don't really remember what it was But there were some hype around the sector So all these stocks drives went from, you know, two to a hundred DCI X 2 to 15 ESCA went from like three to 15 or some shit like that So all these stocks they get a lot of hype they go straight fucking up and then when the hype is done Boom they go right down, right? So sector plays are a fantastic way to make money as a trader as a brand new trader It's also a sure-fired way to blow up your entire trading account if you don't know what the hell you're doing so Let's explain The reason why these things go crazy, right? So because there's news because there's a catalyst because there's something That they could pump these stocks go crazy. So for example the coronavirus No one really knows what it is people are dying left and right if someone says they have a cure this and that No one really knows right? No, I don't I personally have no fucking clue what the hell is going on man I have no clue what's going on But that doesn't matter because there's so much hype around these stocks Every single person is talking about talking about talking about it So you get stocks like nnvc. They're going straight up. You're getting stocks like cbli. They're going straight up You're getting stocks like llit. They're going straight up. So what does that mean? Right? What does that mean? That means that there's so much hype around this sector that every single pumper every single funder every single Anybody with some money Is trying to find the next stock nnvc is the stock that went from 3 to 17 in less than a week So now every single person is looking for the next stock. What is the next nnvc? What is the next thing that has corona virus? What is the next company that has virus in their filing that we could pump right virus cure virus this virus that right? Uh, so when we get things like that we get extremely extremely abnormal moves, right? Like if you pull up a chart right now, I have it next to me cbli We're from a dollar sixty to five dollars today a dollar sixty to five dollars So as a long biased trader if you recognize what type of market we're in If you recognize that we are in a sector that is hot If you recognize that it's been a long time since we have we've had a squeezed market Then you could take advantage of these plays. So Uh, there's might be made on the long and there's might to be made on the short on day one of these plays There's might be made on the long side. There's might be made after 10 30 There's might to be made on the first bounce. So today coming into today. I A couple things I want to kind of make you guys aware of number one is that In my video watch as I explained that we are in the sector hype play So anything that has to do with the sector hype is going to be hot hot hot It's going to hold a bit longer than usual. It's going to zombie probably faster than usual It's not going to break down faster than usual because Everyone in their mom is focused on going long and although these companies are piece of shit companies Although these companies don't have the cured shit. It doesn't matter because right now is when they're the hottest And that's what we have to be aware. So Coming into today I mentioned that I am very long biased today. I want to be very careful today I don't want to get stuck if I am trading the hot chick of the day, which is nnvc I better hope to god that I am not shorting it. I am only going long So today, let me kind of show you my trades on it. So you guys to get maybe a better idea of what I did So coming into today on nn give me a sec On nnvc Let me see if you guys I hope you guys can see it's all right. This is better So coming into the day on nnvc You could see that I was basically looking to go long around this $15 mark Right. I was trying to go long around this $15 mark. I'm going to go a little bit closer And my plan was to add around this $14 view app if it got there instead of kind of reclaim So I added back and then as I saw that the stock was rejecting and not pushing I just got out for a small minuscule gain But that's not where most of my trades from the day came from So my trades today came from uh, the stocks that people really weren't focused on or people really weren't worrying about So that's codex. So codex. I saw a pre-market wall in this uh 275 to 80 level So I took a very small short pre-market using that level and then in the morning when it pushed towards that level and rejected I started shorting it right I started shorting it with the plan to keep adding As long as this kind of top held right it popped and never really got that high So I shorted and then I took my money and ran got another view app push Shorted covered and again got a push towards resistance here Shorted and covered and then by this time I was like, all right. I'm probably over trading I'm done for the day walking away and because I did that I saved myself right So that was one of the trades that was one of the trades that no one was really looking at No one was focusing on codex because everyone was watching nnvc. So let me give you another example LLIT is actually funny because as I was doing my video watch list. I actually caught a long Uh on the vwap hold and sold it before went higher and then in the morning I just kept it extremely extremely simple My plan was to short a very small push towards 250 with a starter and then if pre-market highs failed I would add to my winner under view app and then cover So I shorted some I covered and then under view app again Rejected shorted cover and then again. I made my money. I'm not sitting here waiting for an all day fade I'm not sitting here getting greedy. I make my money in What is this 932 953 I made my money in 20 minutes So I'm not going to sit here all day and try to trade some more right So that was that and then I think I had cbl. I was another trade that I had so Cbl. I I was looking to trade this towards $5 in the morning I took a very small 500 share starter at 480 and as the stock confirmed to my thesis as it broke vwap I added to my winner. I covered as a rejected view app again covered. So again this trade was 931 to 959 almost 30 minutes So 30 minutes there. So see how I'm not overstaying see how I'm not over waiting I'm making my money and walking away. So that's the key for days like today, right? That's the key So let me kind of readjust this On days like today on days like today when there's so much hype and so many things going crazy I personally want to focus on the stocks that no one cares about I want to focus on the stocks people forget about I want to focus on not an nvc I want to focus on everything else right so Coming into the day before the day started. I already knew what I had to do I wasn't saying nnvc is up a lot. I got to make my money. I got to trade it I gave myself a criteria I said if the stock goes red if the stock goes red, I will short it if it does not go red It is front side of the move and I'm not touching it. I'll go fucking long Right and the reason why I go long. I go short 90% of the time, right? I go short 90% of the time But the 10% that I go long. I want it to be so easy I want the trade to be so clear that a monkey could do it and for me today And nvc seemed like the first test of uap or the first dip seems simple enough worst case scenario I was going to lose 200 bucks best case scenario I was going to make 500 dollars and that was the risk I was willing to take so I took that trade Although it kind of went higher after I sold I'm still trying to practice and trying to get better But the point of today the point that I'm trying to make is When you have a sector play when you have a sector that's hot shipping ebola bitcoin this and that There's always going to be ahead of the snake, right? There's always going to be the head head stock that's controlling the momentum And today that was nnvc, right? That's nnvc So if nnvc is the head of the snake if that stock goes down the rest are going to go down If that stock goes up the rest are going to go up, but if nnvc Tends to not really do anything and the hype starts to die down These sympathy plays have no reason to be up and those are the best opportunities to short when I made Shit man. It's over six figures. It may have even been seven figures with the swing on drives and all the shipping sector Most of the money was not made on that one day Most of the money was made swing trading these stocks back down when the trend was broken, right? So As a short seller on these Sector plays we need to wait for the first red day or we need to wait for the stock to break As a long-bias trader on these sector plays day one is your best friend Day one is when the stock is going to be the strongest day one above view app go long zombie times all this stuff, right? So those are the kind of little nuances that we have to remember about these sector plays as for the coronavirus I don't really know anything about it. I hope that it's not as bad as people are saying But as day traders this creates massive opportunity for us This creates so much opportunity for us to make so much money if we know what we're doing So over the weekend when it was sunday I posted an mic that these are the sector videos that we had these are the sympathy play videos that we have So I want everyone to brush up on the lessons before the market opens the day before so that they come prepared And they know exactly what to do So a video like this is a video that members are going to watch in the future About sector plays and learning how to trade it and today was a fucking fantastic day man. Look at this shit Shit, let me adjust the camera I made almost three grand today Three grand working less than an hour a day. Just literally sticking to what we teach every single morning Focus on the low hangers focus on the stocks. No one's looking at cut your trading off at 10 30 man. Like look at this LLIT 10 30 bounce codex 10 30 bounce, right? CV li 10 30 bounce So if you're sticking to the rules, man, if you are sticking to the rules You are becoming profitable in this market The problem is is that a lot of traders A lot of traders like to look at the shiny object, man A lot of traders focus on the nmvcs of the world and I did that too as a newer and inexperienced trader, right? When I was first starting out trading I was the type of guy that said I'm so smart that I can nail these stocks that all these other geniuses can't right? I'm fucking smarter than these guys, right? I could fucking do it It took me lessons and lessons and lessons of losing over and over again to learn what to do properly today was the fucking perfect example of Sticking to the side chicks sticky sticking to the sympathy plays not even I went as far as not even Locating the hot chick because I feel like if I located it, I'd be tempted to make that my locate these, right? So this is a great day for me, man I am so extremely happy today because this shows progress in my trading career These are the type of stocks that blow you up if you are early short seller These are the type of stocks that blow you up if you don't use hard stops and today I recognize, okay What is the sector saying to me a sector is saying go along the coronavirus stocks short the fucking sympathy plays so When I have seen something like cbli going from $1.60 to $5 in 20 minutes It only makes sense to attack that on the backside if I see a stock like codex that has nothing to do with Coronavirus up on news or up on whatever people don't care about that They only care about the coronavirus right now and that's the point so recognizing that day one. I went Tried to go long on some of these plays and then when they break broke down Just because also another lesson just because a day one stock doesn't mean you long no matter what if the stock breaks down If the stock is dead if the stock tanked Then that is your signal to go short on the bounces So in the morning my perspective is let the stock go up. Let it do its thing I don't want to short on the way up But if it goes like this and then ding down I'm going to look to short that bounce with a set risk because now it's a less risky trade It's all that makes sense guys. It's all that makes sense Uh, leave a like if it makes sense. I see the like counter go up Uh, also now that we're here, uh, tosh had a problem with his cell phone number that we gave out to the members What ended up happening is there was too much of volume coming in and Uh, I think it just some of the calls didn't go through so we had to upgrade and fix it So he has a new phone number that we're using now. I'm going to let you guys know. I have it written down It's two one three four five eight five nine nine seven So if you have any questions about m i c or joining m i c or if you're curious that m i c is the right fit for you You could text tosh directly and he'll get back to you. This is a number. I wrote down just in case Um, two one three four five eight five nine nine seven. I'll have it in the description as well But uh, yeah guys, that's those are the main topics. I wanted to talk about today Do you guys have any questions for me or how'd you guys trade today? Do you guys understand? The reasons why these moves are happening. Do you guys understand the reasons why? Um Sector plays happen. Do you guys realize that although it is a very tragic thing that is happening us as day traders could profit We're not profiting off-tragic. We're just profiting off the opportunity Can you tell me what broker is better to open up a $2500 account with trade zero or cmeg? I don't recommend any of those. I think the best broker out there is cobra trading They have a sister company venom trading that we recommend for our members But anything like that. I have no experience with I hear trade zero's platform sucks So it's expensive cobra trading today. I got all my locates for free I paid 60 bucks in commission with $20 in ecn rebates. So I paid $40 in commission to make $3300 I can't complain Minimum deposit for cobra is I think $25,000 The minimum deposit for venom is I think $5,000 Do I make recap videos for every day for mic members? So I do these recaps every monday publicly Because I think trader psychology is very important But something that I'm working on in the future is I'm going to do live trading videos with commentary For annual members. So I don't know when that's going to be ready I'm going to start recording my screens and then trying to get it edited But that's something that we're working on for annual members If nnvc nnvc was the hot check of the day Why did you expect the sector place to short because the sector plays broke down, right? So something like LLIT, I'll show you So something like LLIT Notice that I waited for the pre-market highs to reject and it to be under vwap and then I add it to my winner Under vwap added to my winner. So just because the stock is a sector play does not mean that you cannot touch it No matter what it just means that you have to be more careful and if the stock rejects then you could attack it Hope this is all making sense for you guys But yeah, we do daily videos for our members in m. I see every monday I do a video every tuesday bow does a video every wednesday tosh does a video every thursday austin does a webinar every friday We have a live trading video saturday. We have a one-hour q&a and sunday. We have a trading basics video Also, we're working on something really special that bow kind of ruined the surprise on but i'm going to kind of mention it Anyway, is what we notice is there's a lot of lazy people out there man There are people that want to put in the work and there are people that don't want to put in the work And both are totally fine with me But if you don't want to put in the work, you cannot complain that you're not seeing results. So Because of that because we have such a big library that covers everything because we have so much information People are just lazy, right? They want a one stop one shot. You tell me what to do and i'll do it Right type of thing and that's not the type of uh community that we have. So, uh, joe had a very good idea He's our head moderator and m i c he's like, let's create a accelerated course Let's create an accelerated program for all these lazy people that just want to watch one video So, uh in february, we're going to be releasing a new dvd Which is again going to be free for our annual members if you guys don't know we have four free trading dvds already Um, so this new dvd is going to cover How to take you from a brand new trader that doesn't know anything about trading to placing your first trade In six hours So this is going to be for all the people that just want to watch one video and get into it And then if you have more questions, uh from these uh from that dvd You could just go into the video library and access our 700 videos for free as well So that's something that we're working on exclusively for annual members Uh, this is going to be free for annual members for a limited time And then we are going to be charging for it, uh elsewhere. So That's something else Any questions guys any questions? This is a video helpful for you guys. What do you guys think? Well, nmvc just think All right guys, I'm going to do a secret word at the end of this video Uh, so that you guys know so that I know for example, if you guys are watching till the end of it Uh, so today's secret word is going to be corona So write down corona in the comment section to know that uh, you guys watch the entire video If you guys have any questions remember tasha's cell phone number to text is two one three four five eight five nine nine seven Text them with any questions about m i c if you're curious about joining And uh, yeah guys, thank you so much and I hope these videos are helpful. Have a great day