 Hi, what's up guys? So as you see by the title of this video, I kind of got fucking house today. I lost like $14,000 on OCGN So I'm gonna kind of talk about all that stuff But before I get into the actual trading of the day I want to talk about How I kind of prepped for the day what I did the day before because as you guys know your process for the day Starts the day before so today's a Monday right today's a Monday and yesterday was Sunday Super Bowl Sunday Congrats, Tom Brady fucking sickening cat So let me explain what I did yesterday right so yesterday I was at a little bit of a Super Bowl party with a couple friends. We're drinking. We're all hanging out and you know the game ended around like I think 10 or 11 Eastern time and You know, I said to myself like my brother and his friend They bet a hundred grand on the game and they won All of a sudden they're a hundred grand richer and they wanted to go party and for me I didn't really feel like partying because I just want to get home early and I want to wake up and trade One days were my days Mondays are my busiest days in the markets. I wake up early and trade I do these YouTube lives. I get on a bunch of calls for MIC, so I really didn't feel like being hungover today so I was a good boy and I left the party Around midnight. I got home and I passed out and To my surprise at 3 a.m My brother and all of our drunken friends walked right into the apartment Started blasting music and all of a sudden I started to wake up after three hours of sleep and I was Here I am leaving the party early to go to bed early And then these guys go partying they go clubbing and then they come back and they start blasting all the music And I'm just like shit man. Maybe I should have just gone to the party So I was a little bit cranky this morning. I woke up and I started to watch the new podcast It's not that's gonna be a release soon. It's a podcast with dr. On and woody They talk about the frequently asked questions about date trading, but I started watching that 4 a.m. 5 a.m. Right and everyone leaves and all of a sudden I pass out in front of my computer, right? So all of a sudden I'm like drooling on my computer like this and I'm hearing my phone start to vibrate and all of a sudden It's 8 30 in the morning So I left the party early to sleep early and to be good and wake up early and prep for the morning instead I left the party early 3 a.m. All the drunken friends come in they start causing a commotion It's like a tornado went off and then I go to get some work done and I pass out at my fucking That's because I didn't get enough sleep. So already this morning. You could see that my process was kind of wet I wasn't prepped properly. I wasn't awake early. I didn't get enough sleep, right? So already from the beginning I knew that they was very dangerous day just for myself There could have been a bunch of easy plays But I know that based on what happened last night that everything was kind of screwed up for me So this is life. It happens. I tried to be perfect yesterday and life through a curveball All my friends got drunk they partied. They had a good time. They came back. They woke my ass up, right? So that was my process for the day. I come into the morning and I was looking at the top gainers There was a couple low-hanging fruit like AAMD. There was a couple stocks. I ran off Friday They were kind of gaffin up today LIZI was one of them. There's SINO was like another one So there was pretty much decent plays, but then there was this one One stock that took everyone's attention. OCGF and the way that we explain the stock guys is we use an analogy called the hot chick So this is the girl at the bar that's wearing pretty much no clothes He's looking hot and all the guys want to talk to and most of the time The hot chick never works out because too many guys are giving her attention And she's having none of it. She's just getting everyone's money from their drinks and she's having none of it right so oftentimes These hot chicks these hot stocks are the hardest stocks to trade of the day because they have so much attention, right? So at MIC we like to focus on the stocks that people aren't talking about the stocks I don't have attention the stocks that are easier on the trade, right? So I started off my morning really well. I Shorted some game stuff today. I shorted some AME. I shorted another game through BSQR today I was really well and all of a sudden like my profits started adding up I was up like 10 or 15 Even maybe even $20,000 on the day and I'm thinking to myself. All right, that's pretty good Now that I'm a little bit confident, let me go start talking to this hot girl at the bar Let me go start fucking around with this hot chick, right? And the problem with today's hot chick was that it was also easy to borrow, right? So as a short seller there is a couple warning flags that we have to be careful of so take notes right here guys If the stock is easy to borrow it has a high probability of squeezing if a stock has SSR It has a high probability of squeezing if the stock is a low float It has a high probability of squeezing if the stock has all three combined you're fucked, right? So in today's scenario OCGN didn't have SSR didn't have a low float, but it had easy to borrow fucking easy to borrow, right? and Today it had extreme amounts of volume it had abnormal volume so something that you guys have to also remember is a lot of volume Equals a lot of demand If there's hundreds of millions of shares being traded on the stock that means that there is a lot of demand That means that people are interested So I'm over here trying to be the hero I'm trying to slay the dragon all of a sudden I got some nice armor from I got some nice padding I got a new machine gun I got a fucking bazooka right because I nailed every other trade before that I thought that I could nail this one right I've been with so many chicks before that I thought now I could nail the hot chick, right? And that's kind of what's been happening. So I Started shorting and the difference with OCGN and a lot of these other stocks is it was kind of conforming to the patterns that we like To see right we like to see rejections a whole and a half dollar marks We like to see pushes into key resistance areas and then stuff moves right back down on OCGN the stock Had its parabolic to 14 Came back down to like I would say 10 50 11 and then start to bounce Here I am guys here. I am starting to short around I think in my head. Okay. It just hit 14. It came down to 10. It's at the middle of the range around 12 I'm gonna start shorting right and the way that I was shorting this stock today guys Is I was using my 30% rule so we have videos on this and if you guys don't know I'm gonna briefly explain it The 30% rule means that if a stock is above VWAP, I am only allowed to use 30% of my max size So if I have a thousand shares Max size This is a rule that I created with my trading coach back in the day Brett steambarger and this was because If I stop out 30% of my size rather than 100% of my size not only am I not shell shocked not only is my loss small But I have the powder I have the money to be able to attack when it turns and this has been an Incremental rule in my trading. I know a lot of members in MIC are using this rule as well to help their trading as well So today I was short the 30% rule at $12 and my thought process was if this stock pushes towards 1250 the half dollar mark They're probably gonna push it and sell it off right and that's exactly what happened So they push it towards 1250 they sold it off And I was mentioning to the guys in the room that the stock had to break 1050 to create more downside. So my plan was this 30% size at $12 add to 50% size if 11 broke and add to a hundred percent size So now I had a plan and what was my stop? 1265 Now the stock went to 11 and it started holding 11 and I'm like, okay shit Okay, I'll go 50% size. No big deal. It's just And then all of a sudden Volume comes in it goes from 11 to 1150 to 12 to 1250 And at this point, I have a hard stop in at 1265. I guess stopped out. It goes to 13 It hits 13 boom right back down to 1150 and I'm like, oh my god I just cover the top. I suck like I was wrong. So now I get emotional Now I tell myself, okay. It just fucking slammed and I got out. I'm reshorting now Here I am reshorting at 12 and now my plan is okay. If it hits 13, I'm gonna stop out So now it's at 12. It's going down to 1150 and now it's consolidating around 12 1210 1220 1230 1240 250 oh shit, I'm fucked again And then it goes to 13 and then I stop out at like 1350. So at that point guys Now I lost on a 30% size trade I lost on a 50% size trade and the losses added up So I ended up stopping out around 1350 1365 and I was like, oh my god, bro I was up $20,000 on the day and now I'm only up 4,000 like this sucks, man Like I don't know about you guys but like anytime I take a loss It could be a hundred dollars to be a thousand dollars that pain always feels the same You know, if I have a winning trade if I have a good trade I Ignore it and it feels like nothing when I have a losing trade just something about just fucking pierces me It gets into my emotions and it's the same thing with negative comments guys any time We get like one negative comment that kind of hurts me more What is I'm gonna try to change that for my own mental sake I correlated the trading so now here I am I lost $14,000 on OCGN I stuck to my plan and I'm now I'm looking at my profit and I'm like, oh wait I didn't really lose 14,000. Yeah, I lost it But I'm still up for grand on the day and if I go back and think about it for grand on the day It's a million dollars a year guys. So what the fuck am I doing complaining? Why am I upset? Sure? I wish I was still up 14 grand. I mean I was I wish I was still up 20 grand But the truth of the matter is like an extra ten thousand dollars isn't really gonna change my life guys So why the hell am I here complaining or why am I upset when I still make $40,000 on pay guys? And that's just the thing is trading is very competitive. I am in a constant competition with myself So I feel like if I lost that money But the truth of the matter is I managed my risk Stuff to my plan. Yes. I had a little bit more paper cuts than I wanted Shit if I could fuck up and still make four thousand dollars on the day I'm gonna be five. I use my padding in the morning I use my cushion in the morning to give me a false sense of confidence and it's all good You know, I've been doing very well on the year so far guys We're at like February 14 February 15 or some shit and I'm already up half a million dollars on the year You know last year I made a million dollars in the full year and in two months. I'm already at half that Now I'm not sending any arbitrary targets. I'm not trying to make fucking five ten million dollars a year I'm just trying to show up Stick to the process and make money. So although I lost $14,000 in OCGN today I still walked away green because I had so many other trades that added up I posted those trades in the chart recap channel for members and that's basically it So I want to kind of open it up to a brief Q&A now So if you guys have any questions leave it here Additionally, the number one question so I get a lot of DMs over the weekend guys I guess a lot of people start watching our YouTube videos over the weekend and they start to DM me and all this stuff And the number one DM I got over the weekend was do you think this market is gonna continue? Do you think this market is gonna end and you know my honest answer is guys? I think we're just getting started man. I think we're really just getting started. This has been the biggest inflow of Money entering the stock market in what seems like history You know the government is printing trillions of dollars and because everything else is closed those trillions Are coming right back into the stock market. There's so much uneducated money There's so much money entering the market. So in my opinion guys, I think this crazy action is just getting started I think this is the next decade of being a day trader and in my opinion If you guys are not investing in your education and you guys are not looking for a training mentor Someone like me someone like bow someone like the guys in MIC are gonna clean up all your fucking money because We have been here studying for years and years and years to take an advantage of this once in a lifetime Opportunity now I've been training for seven years guys. It took me seven years to become an overnight success And after seven years of hustling and grinding my ass off. I am now making seven figures a year So wouldn't you want to get started as early as possible so that you have the biggest advantage possible? When I started trading my season exists now because of MIC traders are fighting consistency in less than six months Some traders that put in the work like they 45 days so If you want to enter the market, you don't know what you're doing. Maybe you're investing in dogecoin Maybe you're investing in GameStop. Maybe you're investing in AMC Stop fucking gambling start learning how to trade start taking this professionally as seriously You will start to make six or seven figures big trade. So Let's open up to a Q&A guys for about five minutes And then I'm gonna get back to work like I said Mondays are my Busiest day so I have a lot of back-end stuff to catch up on and a lot of p.m. To catch up on so Is your opportunity to ask me a question so If you guys ask me about hedge pairs, I'm going to turn this shit off. So When there's so many plays how do you filter things down? I'm having a hard time choosing which stocks to play it seems like I make a plan for stocks That lines never hit that's a fantastic question. So for me, I like to narrow it down Most of the time if I try to trade more than three or four stocks on the day I end up losing and the reason why is because I don't like to split up my focus I like to trade the best stocks only and take it from there And how do you kind of narrow it down was the question to be honest for me? It's about screen time. It's about knowing which stocks that It's about knowing which stocks You are comfortable with it's about knowing which stocks you constantly profit on for me when I'm trading in the morning I like to focus on stocks that are under the market and looking to short them on a bounce So what I like to do is that there's five stocks moving and three of them are under the web Those three take my top priority, but oftentimes it's screen time after being a trader for seven years You learn which stocks to trade and which stocks to avoid and now as I'm recording this video guys OCGN is at 1350 I stopped out at 1350 had I held Had I've been stubborn had I not managed my risk had I just prayed had I just broken all the rules You know what I would have not been up four thousand I would have been down twenty five thousand dollars on the days Do you know what as upset as I was 20 minutes ago? And now I am on cloud nine because I just proved that the process works again If you break your rules and you lose a small amount of money That is a I mean if you stick to your rules and you lose a small amount of money You are a winner if you break your rules and you lose You will build bad habits long So I was frustrated in the morning when I stopped out. I said fuck I lost fourteen thousand dollars on it and now at 1850. I would have lost an additional $25,000 You know what $4,000 sounds pretty fucking good to me today man So any questions guys any questions me does this all make sense Please if this is making sense leave a like on Let me know that this is you guys are getting it, right? This is the day and the age of the pump-and-ups. There's so much people there's so many Pump-and-up rooms. There's so many scam rooms just pumping garbage and what you realize is day one. They pump it Day two they forget it. I Got no problem sitting there on day two and fucking bulldozing in a short guys It's the same thing of what I did at a AME today So if you look at my charts in MIC for a AME Oh, this was a stock that tanked on Friday Today bounced and I shorted the shit out of it for a low stress trade So I hope these videos are helping you guys I really really like when you guys leave comments and let me know which lessons you learned. I really like Hearing your guys's feedback You know, we don't really have to do these videos We don't really need to you know a lot of stuff we talk about is already explained for our members But this is all for you guys to kind of understand that you know, even as professional day trainers for 70 years Even about 20 years, we still fuck up man. I'm not perfect. I don't think I'm perfect When I do screw up, I'm gonna be here Explained to you. I'm gonna try to improve on it. These videos are like game footage You know how professional athletes watch footage of their games and replay the footage to see where they What they did right and what they did wrong I go back to these videos and this is kind of like my video diary What I did right and what I did wrong and what I can improve on and today I Shorted the hot chick that was easy to borrow. I Traded too many times. I went back to the well too many times But you know what stuck to my process I stuck to my rules and because I stopped out I walked away green on this. This is your lesson guys Your lesson is if you are not setting a hard stop in your trading I promise you you will not make it trading. Okay, if you are not using hard stops in your trading You will not make it trading It is very easy to make money in stock or stock market. It is very hard to keep it in your pocket Hard stops and zombie rules made me a millionaire and they will make you a millionaire too Guys, please leave a comment with one lesson that you learned on the video I'm gonna go back. I'm gonna reply and maybe I'll pick someone to win a free month or a free t-shirt or Free phone call or whatever. So appreciate you guys And if you guys have any question about trading text us to one three four five eight five nine nine seven I'm gonna head back answer some questions And I'm going to short the shit out of OCG and if it Confirms and if it shows us and there is a reason to short it because today. I'm not fucking touching it tomorrow There's gonna be a big opportunity tomorrow. So maybe I'll wear that lucky shirt that I made 300 grand on tomorrow So we'll see and if it's a crazy day tomorrow, I'll see you on Bowser's Instagram live So have a good day and I'll see you guys back in the room