 We are officially recording for the Q&A Joe. You hear buddy. What's up, man? Oh, you loud bastard There you are. Is it just me a man? I feel like it's never loud for me and today. It's really loud It's crazy. It's like is that just on my end or does it feel like we're both screaming because I feel like how are you guys hearing the audio? Dude, it's not it when you just talked to me, bro It's sorry my microphone my speakers dropped off say that again. I missed everything. Oh, man. It's weird dude It's like sometimes zoom like you're still not going hang on dude. I'm sorry Okay, there we go, I'm good now. Oh Joe what I was saying is is I feel like I feel like you and I are super loud today when sometimes it Dumbs down our voice sometimes it doesn't I'm like dude zoom is like the most it's like a girl on her period man It's so temperamental dude. It's like every day. I'm like learning something new about fucking zoom It's crazy. It's like I don't ever want to change something and make it mad. It's like honey. Are you okay? Just calm down? What do you mean fucking calm down? Oh shit So here's what we're gonna do guys Joe's gonna annotate on this all day What we're gonna do is I don't think I can bring up charts man because my computer's lagging so so bad So why don't we cover a different topic today, man? Why don't we answer all your questions and talk and watch bow trade live but also talk about maybe a lot of Psychology behind certain things. What do you think Joe? I'm game dude. So if you guys have any questions, man, please post them right here. We're gonna answer all of these but Just to start man. Joe. What's up man? What's new? How's it going? What's popping? What's popping brother? I'm adding just I'm doing some swing stuff outside of just day trading. So I'm looking at that That's primarily what I've been focused on Nice man, what are you looking at cuz dude this market is straight up fake it till you make it man If there's one thing going on, it's that nothing makes sense and things are just going up in the big Kaplan, dude Like what the hell? Yeah, so the the primary thing that Sorry the primary thing that I really I'm looking at right now is retail stocks so That's stuff like like the one today is gonna be like Tupperware So you're talking about like Macy's and Tupperware and things like that. Yeah, I'm talking about stuff that I I guess Macy's is what everybody assumes cuz it's a popular name and it got tanked and everybody was looking at it But I'm not looking at Macy's but I'm looking at basically like retail stores, you know restaurants places that are gonna increase once The economy continues to reopen and and fears less and and things like that. So for example, that was just confirmed Today that thought was just confirmed today with the federal chair pal saying this was the alert thing the news alert said that Household spending appears to have recovered by about half of the earlier decline So people are back to spending money And they're gonna obviously do it Yeah, seriously the first the the last sector that is really beaten down that isn't you know travel or that isn't you know Travel is one that I have started in on small in the airline stuff and then And then I'm looking at I'm looking at retail stocks man, this is gonna be Pete this is gonna be places that Once there is confirmation that Things are returning to normal or there is a vaccine these stocks are gonna be Through the moon. Well, yeah, I mean, it's like, you know a lot of the economy recovered, right? It's like when people, you know when when the when the Dow or the spy hit, you know close to 200 man people literally thought dude We were going back to the Stone Ages then once we realized, you know, there was kind of like You know a little bit of recovery in the market and you know like the pandemic and stuff Pete dude, I'm telling you right now, man. We're almost back to all-time highs. It's kind of crazy, right? So it's like again, you know, there's nothing about faking it But it seems like the market is faking to you make it as Austin said in the last two of his webinars Which we talked about last week, but yeah, man, again, it's like go for the high probability stuff You know what Joe is doing guys is he's doing a little bit more swing trade So he's taking on what the sentiment of kind of the world is right now literally and you got to think like when When it comes to long-term investments, which we don't necessarily teach here because we're more of a day trading course I'm always like what Joe just said. I'm looking at what's more future proof You know, what's a company that even if a recession came or the pandemic came back stronger than ever What would still make money during a pandemic or if the economy recovered entirely? What would people have to buy right like something like dude they don't have to buy Macy's right like that's something that can totally go under But you know something, you know that relates to food or agriculture or something like that could be a different story, you know Yeah, I'm not I'm not focused on like day trading things right now because My son is gonna start school so this would be his first year of school So primarily what I'm doing is I'm building swing positions that will I and and diversifying My capital into these positions and then I'll keep a small portion just to come in check the morning action trade that and then roll out and So that that's you know that that's largely what I'm gonna be doing. I love it dude I love it man. So you're looking at retail. What specific are you looking at besides the Tupperware or anything else? I guess another version of that is another one today would be LB, which is Limited brands which is an apparel store This is my favorite of which I already hold a position as well Nice dude nice. Oh and by the way guys anytime seriously feel free to ask us any questions So if you guys have any questions as it relates to trading or M. I see feel free to write here or on YouTube And we're here to answer them for you And I know this is kind of like every single week This is kind of gravitated into a little bit of a talk show and we like to shoot the shit and show you guys What kind of normal dudes we are man, this is not about polish But again, if you do have questions, please write them down here and we'll watch bow trade live He's kicking butt on Kodak right now, dude. I'm telling you man. How insane was did you did you look at Kodak today? Oh? Sure Bro, did you know hard not to I know it's kind of like borderline that like area of gray of it's like Is it a big cap is a small cap? But I know it was on your radar for at least the price action that was going on Oh for sure. Yeah, it was I was watching it I started watching it when it started doing all the halts like BPTH did, you know It's like every every stock that goes full-blown Whatever you want to call it you want to call it supernova you want to call it black swan Whatever it is when it starts doing that where it just halts up halts up halts up halts up You never know where the top is but the top is definitely coming because You know, those are just those are just market buy-ins from brokers that are that in Alex said it I was I was telling one of my buddies in a DM. I was like dude the top here. It comes man. It's Coming this is We never know it was like 35 when I said that I was like, oh shit. Here's the action This is the action when the halts start this could go 50 60 70 you never know But it's gonna blow off dude. That's the easiest part, right? So again, you know one of the number one things that we teach about trading guys is look bow made this very famous this kind of saying We all know these turds are going back down, but can you stay solvent before you know longer than the market, right? Like rational, you know, the market is gonna do what it wants and the He put in a stop at 349 they filled me three. Oh shit 43% slippage. Yeah, that happens man I hate when that happens, but but the point is guys is what we're trying to say is We had a huge feeling that there would be a blow off top and there would be maybe a down halt on some because we've seen it before man Bpth, you know drives. We saw it's an LMFA if you've been a trader for many years. These are identifiable So if I go back to after hours, you know what flashposted again, we all know these things are coming for the most part But again timing in trading is everything and it's so hard So all these new members, you know, not in M. I see because we teach you from minute one I had to stay safe But if you think about it all these new members of any other club that doesn't preach hard stops that doesn't preach process Dude, they're shorting at 38 because they think it's gonna go down today and here's the funny thing man Like okay Kodak, right? They're shorting say say they're shorting at 30. They're like man This is the top dude. It will go under 30 at the same day But you're not gonna last from 30 to 60 So again, do you want to be right or profitable if you're the guy that's shorting at 30 or 40? Or even 50 dude and you're like, oh, well, you know, I took a loss, but then it down halted and it went to 25 I'm right. Yeah, guess what? You're right and broke motherfucker. You're broke dude You don't want to be broke. What do you want to be right or do you want to be profitable? So I think it's you know, I think it's fun to watch somebody sling big money around but entertaining as shit. It's entertainment, of course but If the job is entertainment, okay, cool job completed But if the job is education, then you are doing your members a large disservice by teaching or leading by that example if your example is to is to Basically brag about your 12-inch cock and it's 14, but whatever. Yeah. Yeah, I know who's counting. Yeah I lost track after 10 Look at all the accomplishments I have made because I have such a large account and I can take much such large drawdowns That's not education We're here to educate the masses if we can educate the masses the masses don't have million-dollar accounts The masses have five grand. They have maybe 10 grand. They have maybe 25 30 50 the rarities have 100k and the point here is that When you are an educator of a room or service you can't be Teaching that type of stuff. It's just It's it's terrible. It's absolutely terrible because it creates a false sense of What people should be doing the efforts they should be making and so on it. It's just Yeah So and really quick guys, of course, I always want to make sure that nobody is following Look guys, there's no not even us look if fucking Joe Dude is in it is in a stock that doesn't mean you get into it None of this is recommendations to buy or sell in fact Any community that is literally telling you what to do like you need to buy this stock or sell this stock or I'm sending You alerts is bullshit man. That's not what trading is. There's nothing that we do that tells you specifically Oh, hey, Joe's in XYZ get an XYZ. That's not what this is about if he's making a decision based on what he's doing That's his business just like me just like that We will teach you what the lines are and what you should be focusing on But when it comes to alerts and or hey Tosh, give me a quick recommendation That's not what true trading is man So again when you're at it like just Joe just said if you're at a Furu service that is like on a microphone Or they're pumping their positions on YouTube live and they're like dude I'm in this you need to get in this too. That's that's not what true trading is man Do you know why he got in that? Maybe he's got a two million dollar account? Maybe you've got a fifty dollar account That's not sustainable man. So while he can do huge drawdowns or huge draw ups, you know That's not rep. It's not you can't replicate that shit, right? Like the guy in and out in and out in and out dude That's not process the thing that's process is where we teach you General terminology of lines and trends and look man if codex under a certain line It's probably not a long. This is what the price action is telling us. This is not our own opinion This is not our own bias. This is a charts opinion and bias So when you follow dipshit XYZ in a trade because he's in a trade That's you playing your Furu your gurus bias not what the the chart is telling you So that's what we just like to make very clear, you know Anything that me or Joe talk about guys is more so for the purpose of what we're doing But none of this is promotion of a certain ticker I just want to make that very clear as We are all up to our own vices at the end of the day But we will show you how to trade not how to get in a certain ticker make sense Like I just want to make sure that everybody understands that so if you're at a competing service That's like dude get in this. I'm in that you don't know what his agenda is man. That's not what you want You see what I'm saying. It's not blindly follow the leader Yeah, I I'm of the thought that the people that teach you need to act as a coach would so I played football and basketball baseball and I would never Have expected I wouldn't have never sorry I would never have expected my coach to go out on the field with us and First teach me how to do this by doing it himself and do it at such a level that I could never Replicate that yeah, I would want my coach to teach me how to bunt, right? And once my coach teaches me how to bunt by showing me the bunt Himself and then I replicate then we go to the next level and we walk hand-in-hand Together up the stairs. He doesn't scream down from me at the top of the stairs. Hey dipton. Why aren't you doing this? You're sucking dick man. You got a tiny little account little boy It's time to get in the big leagues watch what I can do sitting up there Just swinging the bat hitting home runs until I'm just like I'm just fucking out of it I'm just exhausted well and ever climb the stairs because nobody will tell me how well and this is why we want to preach You know what process is every day guys is everybody has their own process like look There is a process to M. I see and we teach you how to actually trade but again you can still find a little nuances that make you You know better in your own process. That's the cool thing. Yep Yeah Any MAC archive I read something you say about having a scoring system for ticker's metrics and using that system to give you an idea Of how much you like the play I've been wanting to do the exact same thing, but I don't have extensive experience give you rating so You don't have to have extensive experience the scoring system is Up to you. So if you follow the MIC process Each little thing that we say you need to do let's say like you want to Short this stock. Okay. Is the stock a first red day setup? Is there a death line? Is there a death candle? Okay, check that's point number one and there we go and then okay We like these stocks that have this market cap range right here. Okay. It's in that range. Okay check number two point number two it's like a little tally mark and Whatever one whatever has the highest score that becomes the things that are Best on your list to play you don't have to have like okay, I will trade anything that has a seven eight or nine scores You will have Plenty of an ample opportunity to make that decision. Okay. Let's say I only want to trade stuff that has like eight or nine You know, this is the same analogy that blip that bow uses about the blackjack hand only trade 20 only Trade 19 or 20 blackjack hands if you can see the cards ahead of the time. Well, the checklist allows you to the mental checklist Allows you to make that effort to score each little okay, it's got resistance Oh, it's got support whether it's long or short at this market cap. It's this flow. It's got this type of fundamentals It's got this right here. It's got this and this and this and whatever has the best odds of that than cool But once you internalize that system, you're never gonna do it by hand like I used to do it by hand in the beginning and I Haven't done it since like I Mean Tosh, I'm sure you were the same way you had like this little checklist that you had to make you had to check off the boxes, but Probably haven't touched that actual physical checks list in four years That's well, you know because because over time and you internalize it Yeah, what it becomes man is when you guys have a process for so long it becomes reactionary man literally like Everything is like by the same time. It's predefined my laundry. My lines are drawn by a certain time I know where my hard stops are it becomes so second nature that I'm not actually physically checking a list every morning and any more But in my first year, dude, I was religiously so I was like, okay, it's got this it's got that dude I'm already like almost subconsciously doing all that now because I've been trading so long So, you know, that's why we preach, you know, screen time is so important This this stuff really comes to you over time and I promise you when I say think about driving Think about the first time you ever drove a car versus dude five years later You're like dude the first time you get on the freeway. Maybe you need music Low and you need to focus and see if there's a horn and now you're kind of careless because you know exactly how to drive on the freeway Like there's no you're not gonna get blindsided on hopefully But the point is it becomes process man. It becomes repeatable. Yep Joe, what do you think a dude? Are you excited for I want to hear your thoughts on on what you're gonna do for the Presentation of the boot camp and what do you think? Let's talk about that for a sec so My presentation is like it says there. It's gonna be talking about applying the MIC process in every market So if you trade crypto if you trade I'm gonna say it No, I'm not gonna talk about 4x bullshit if you trade stocks and trade options futures Whatever market you would like to trade my presentation is going to be about developing a process in how to find an edge in those and Using the MIC process to back your way into those markets in order to find a consistent repeatable strategy Dude, I'm so excited to hear it man every every boot camp we do man You give a really good presentation on it's been specifically how to stay safe man I think I think that there's probably no one better to talk about like the parameters of what it what it takes Man, like how much percentage of your account you should be using? How much it you know, maybe what you're abusing seriously like the guys with $30,000 accounts man that are using 15,000 shares bro. That's too much like so we each yeah I mean like Joe's like the nut like don't even give me started on like what Joe would say about that But dude like there is a certain risk that maybe you should be taking as per your account size So we're gonna talk about that and you know just to reiterate for the guys You know that are kind of maybe coming in right now or just kind of came in August 17th. This is a two-day event if you are a monthly member if you are a non member It's gonna be 97 to join right now if you sign up for the early bird special If you are an annual lifetime member, it's absolutely free if you are a lifetime member Specifically you are gonna have the second day man. The second day is gonna be awesome It's gonna be just like the first we're gonna do a lot of live trading with thou We're gonna show everything it's gonna be really good man But lifetimes if you want to upgrade right now text me as you are going to get a good deal and simultaneously You're gonna get a whole second day out of this man So I mean, why wouldn't you go annual lifetime right now if you have the resources man? There's no better time to invest in your education We're gonna show you everything that we do and I would go as far as to say that if you did Get access to this event and you haven't like if you have an annual membership You go to this event and you watch the accelerator course Dude, there is no Reason why you shouldn't understand everything that we do Literally like there should there should almost be no questions about what we do every single day And then if you have questions, we are always available for you guys What's about saying he's got a facial appointment soon Joe facial appointment Yeah, facial That was a porn hub category. Yeah, I got a facial appointment soon. Okay So so guys this is this is actually a really cool psychology thing that we would actually want to talk about as Alex bow and myself have actually kind of implemented This into our daily process and the thing that's beautiful about process man, which I I absolutely love process man because It doesn't just apply to trading it applies to life Bow said last week he hit a max daily loss and I think he showed it. So he's not shy about I think it was like 15 So he hit a max daily loss. So what did he do? He said fuck it, dude. I'm gonna forget about this I'm gonna I'm gonna turn off screens. I'm gonna go pamper myself today He got a man that made 1.4 million dollars in one day has any man loss at 15 k And folks on twitter are talking about minus 200 minus 300 minus 500 minus 600 k Uh, we've never gotten close to a 1.4 million dollar right who have never even toast never even tasted Six probably anything over maybe 150 dude that that's called that's literally that that's called Ferrari money, dude You know what bow did that day bow was that I think that was 2013, right? Dude bow the same day went and got a Ferrari within that within two days Think that's Ferrari money, man. So these guys that are like, oh man, I've never even made a trade like that Yet I'm swinging up 400 600 700 000, you know dollars up and down by the end of the day. He's up down. I'm up. I'm down You don't earn that you don't earn. There's no risk management. There's no proper anything So what bow did the other day? He took a 14 000 loss, which is Unbelievably reasonable for a man that's made 1.4 million in a day. Everything was relative He gets a manicure. He gets he got facials. He got foot rubs. He got fucking drinks made for him And guess what? It is now part of the weekly process We added it to our actual trading process because now bow has been literally so in the matrix since that pamper day That it was a full reset like that like a snap of the fingers, dude And here's the thing like kodak today Yeah, see this was the how I took a picture of that and sent it to him If that oh my god, if if that isn't living your best life that I I literally don't know what is dude So the beauty guys is what I want to make very clear and we're very passionate about this man Is and this is like dude as funny as this is this is this is no jokes, man You need to separate sometimes and bow took a max loss He he was feeling a little down. He pampered himself that day, man. He took care of himself Psychologically and physically mentally. Here's what happened. He has been on a fucking terror dude ever since made Way more than what he lost that day just in the last two days. I think he even made it today But the point is is he gotta take care of yourself? So Both physically mentally financially everything, man, and this is what's called adding to process So again, you know bowser's been training for 20 years and can still teach himself something through his trial and error Or certain circumstances. This is what we are screaming every single day A max daily loss if you're up 200,000 in the morning Then you're down 400,000 by the end of the day and then by the end of the day you're up 70 grand What the fuck did you learn dude? What the fuck did any of your tab members learn? That's not real trading, dude That's go to vegas, man Oh, i'm up an eventador now. I'm down a ferrari. Oh now. I just made a tesla. What the fuck? Yeah, it wasn't it. It's not even a real tesla. It's like a model three It's like it's called a toosla Yeah, i'm look, man again You get what you pay for and a lot of these other services, man They're charging you $50 charge you $70 or charge you $100. We charge $197 a month. Why? Because we are the king mightest touch when it comes to learning day trading and process We will teach you what works and most importantly again, man No community you should look at their guru And judge the community based off their guru, right? You you just shouldn't do that You should go to the testimonials page and see what the members are saying, man Yeah, like it's always about the members, man What are the members saying? Do they have a good taste in their mouth after one day one week two months six years? Or do they have a very sour taste in their mouth because there were hidden agendas behind pumping stocks or Again, your guru is swinging hundreds of thousands of dollars and it's just craziness that by the end of the day Dude, you can't implement that you don't know how to do you can't follow that man. He's leading you in your own doom People are out for themselves and then there are people out for the community. So at m. I see you're not a number You are A part of our family We're here to protect you just like we're here to protect our own bankroll If I get a message and it happens very rarely these days because we are so fucking hard on process, dude But every now and then I get someone that slips up and he's like tosh. I took a really bad loss today Can we talk about it? I'm like, dude, of course we can man. What happened? Did you break your rules? Did you hit the max loss? Did you have it in? Did you call your broker up and say cut me off? What the fuck happened? What did you do wrong and then we talk about it, dude? What did you do? What did you do? What did you do? Tell me what did you do stocks 247? I'm an annual member if for some unfathomable fucked up reason say a lifetime member couldn't make it Uh to day two could an annual maybe work out something to get in there In their place. I Not sure if I'm following stocks 247, but shoot me a dm man. We'll talk about it. I'm not exactly sure what you're saying Are you saying because somebody I you understand what he's saying? So Is a Just because a lifetime member cannot make it. Oh, I see. Oh, it's not me. Uh, no No, we're not gonna if if the day two is exclusively for lifetimes We're not gonna upgrade an annual to that a lifetime. They paid it They paid it out the investment. I mean, yeah, no well and bow just said it man Again, it's like dude, you can't transfer gym memberships. Can you it's like, oh fuck dude I never use le fitness. So hey buddy joe. You want to go use? No, we can't do that brother. We can't do that. Yeah, no and again, man, that's multiple logins It wouldn't be fair. It's like you who would like you you guys would share a log. No, that doesn't work man It doesn't work like that. Yeah. So basically I all the you know the the the 400 other people that paid For lifetime membership and the one lifetime and the one annual that gets that exclusive access You know, yeah, what what does that say? Yeah, it's it's just it goes it goes as simple as this man is you can't transfer gym memberships. Definitely not mic members I can't make love to my girlfriend tonight. You want to swap? I'm like oh shit Tag me in fan. No, hey text me at 213 Oh shit, I'm out of town man. You want to sub in little wife? I don't know David you hook you hook me up some of that some of that Some of that wagyu that you've got bro, and then maybe we can work something out Hey, man, we'll talk brother. We'll talk with some wagyu, but we talk about we talk about that if you got that wagyu He just spat out of my nose and laughing so hard Oh my deja vu membership. I can't go tonight. You want the spot? Oh man, you need it. Yeah. Yeah, David got that. He's got that good wagyu man. He's got that good good Texas, he's like only in LA. I'm like what? David we're coming out to see your brother with the membership Like it's only in san francisco He's like I delivered to your door and I was like, well, that is a nice offer Not gonna lie. I will teleport for some walk I will If if I had a door in san francisco That would be good. Oh, I'm gonna teleport like kodak did today straight through the room Maybe since bow is staying in LA a lot. I could go live at bow's house for a little while Oh, yeah Get some wagyu delivered. Hey, man, and if he's not feeling it that night, maybe sub in for the girl Blow up bed Oh man I'm sure bow bow's house could he could he's like that place could be like a That would be like a like a hilton hotel in a small town He's like bow lives in a small town hilton In one of those towns that you can't pronounce and you've never heard Bow bow's like literally yeah, like the wall door Bro, it's like it it's He's like there's a butler at the front of the home that hands you your room key Like there's so many rooms in that house. Yeah, alfred's at the front handing out room keys Like it's like in those shows like how I met your mother and stuff He's like dude, whatever you need handled you got the black amx card Somebody be murdered. We got you if you need hookers. We got you if you need anything We got you you want to meet elon mus tonight. We got you Like it's crazy, man. It's crazy. But yeah, that's a super sick pad, man Go stay with bow and you'll you'll definitely be treated right and eight go when bow's having a pamper day, man This might just be you right next to me That is the look of bliss, let me tell They were like they were like, hey, yeah, go ahead Dave. He's got the wagyu meat. He'll deliver and I was like, yeah Let me go. Let me get at you, buddy. Hey, hey, Dave What can you do for me? He's like can't deliver to can't deliver to texas. I'm like Damn it. Joe's like dude You've got the product. I would have been a pretty consistent client, buddy. Let me just tell you I eat a lot of steak Dude, I eat a lot of steak if I would trust anybody with my wagyu or anything It's joe's grill joke. Can you post a pic of that or something, bro? And we just cornered alex's attention and we got alex's attention Yeah, they didn't split that We have any questions or is this just a podcast today? I'm good with either I love this psychology though, man. We're talking about a lot of cool psychology things man That's what I wanted to do today, man charts are fun and all but dude when it comes to mindset And things like a pamper day or things like hard stops max dating loss. This needs to be talked about too, man I love this. This is a really good lesson today, man Whoa, I just figured out a way to like minimize The zoom thing. Okay. Anyway moving on Nobody has any idea of what you just said but awesome for you It's great. It's great. I'm telling you man. This this event is gonna be so sick, dude Bow, enjoy your facial bro. Uh, enjoy the rest of your day. That's what strippers say before they go to work. Oh, shit I'm pretty sure I'm pretty sure I've heard that before Yeah, literally guys $97 is the cheapest you will ever find for what's called true education This is not pumping. This is not agendas. This is not anything other than the fact about is going to screen share We are going to show you live. We're going to teach you live We have a process that can be shown it is you can replicate it in your own trading Oh, and by the way, if you need any wagyu definitely dm dave hit up David's like mind if I plug myself I don't know. I think I've plugged him like five times. Yeah Whoa, dude What does that mean? Whoa, I didn't mean that. I thought he doesn't deliver to fricking texas Whoa, bro. Oh, he delivers. Oh with the plug Who has who has questions about their trading went in right came up That's what she said You guys are crazy, man Again guys, mic is a community. This is all family, man We know all these guys by personal names, man. This is you're you're not just a member at mic man You're gonna have fun. We're gonna have fun. We ask that you speak out We ask that you ask for help we ask that you say questions, man And look it's a bunch of guys in here. We try not to be too catered to male humor. There's lorraine. There's fe Uh, we apologize sometimes, but again guys, this is this is just a fun man. This is the community, man Yeah, sorry ladies. Seriously Quadruple checking just to make sure I have no positions. Okay. Fay is in charge now. See you. Yep. That's another thing guys Maybe we should talk about, you know Um, I'm sure bow could say this over, you know, the lifetime of trades that he's taking but dude every now Then you got a clean house. You never know when you've got an order out there and you're like, oh my god Dude, I just gave back $2,000 because I didn't know there was an 800 starter sitting at this stock That's totally ripping. You know what I mean? So again another cycle psychology lesson is to clean house every now And then seriously, I think we've all made that mistake. Oh my god, dude more times than I can freaking count I was like, yeah, you go out and grab a smoothie. You look down. You're like, oh my god How do I have fucking 300 shares of kodak right now, dude? Dude that happened to me on uh, you remember htgm htgs, yes, I do one time so I was short htgm and I put like I put this order to like cover 2,000 shares and I'd forgotten I only had like 1,000 left and so I end up like net long and three days later Okay three days later I checked that account And I'm still long And I longed the bottom You're kidding bro. It'll never happen again in my life. It'll never happen again in my life Specifically guys. Yeah, the day that you don't mean to Joe, of course Oh, yeah, it worked and I was like, holy shit Dude back when I couldn't trade all the time back when I wasn't full time I was part time and dude there would be days where I could not check my account I couldn't check the market. I would be it would be nothing. I would go days without checking Oh, shit. It was it was three days And I logged back in and I'm like I have a position Dude, I remember back in the day, man. When I was first starting out guys, this is kind of like a funny story for you So I remember back in the day, man I would use size that I had zero Idea of what I was doing, right? Like dude, I'm talking like when you have a freaking $7,000 account at max, you know back seven years ago and Literally, I think I had three accounts. I think if I remember exactly I had a TD Ameritrade for 2.5k I had an e-trade and I had like an interactive brokers, right something before you do that Yeah, yeah, go continue. Can you put the MIC second annual bootcamp slide back up for somebody on youtube? Absolutely. They want to grab that information All right, carry on about this buddy So dude, so I was rocking to obviously get around Um to get around the PDT rule because whether you're a long short or whatever bias trader guys You're going to be under the PDT rule. You're gonna have three trades a week every five business days So I was like dude I have got got got to have extra trades, right? So I had the three accounts and I remember dude I was taking like 4,000 shares position on like a 3,000 or account I didn't even know how I got the leverage but they were like one dollar stocks for and I was just like, oh my god Do I'm over sizing and then Bro, I'm sure you remember back in the day What um what drives did right Joe? Oh, yeah, dude drives went up from like four dollars to 120, right? On this I think it was a third day because it was like a four day run if I remember Craig Yeah, it was that it was like Dude, I'll never forget it. I know exactly what I was doing. So you remember like You remember everybody goes, you know, you you will always remember where you were on 9 11 Well, I also remember where I was when drives went to 120 bro list Joe listen to this I remember Go listen to this Joe. So the day that drives was running man. Yeah, Alex is of course Alex remembers dude I remember the day it started really halting Not the day that it did the unhaul in the what the day before it did from like 100 to 50 Like codec did today from 60 to like 30 Dude, I was longing the downhaul set like I didn't know what I was doing and here's the thing Bro, I had like I think I literally had like a 22,000 dollar account Bro, I was using 500 shares. Do you know what that means? In in five seconds Dude, and I was using TD a marriage in two seconds I was up two grand had I held for nine more seconds, dude I would have been up like literally like probably 15 g's because there was so much range So when you're brand new, dude, you don't know shit. I remember that day, dude I literally made like Fucking dude. I made like thousands of dollars on a very, very, very tiny account I could have lost my entire account that day, dude. I didn't know I wasn't educated like I am now That's the problem about, you know, when you're first starting and you're trying to figure this out and you don't have a resource at MIC Is you don't know that one trade that you think you're going small you're dead. You are dead, dude You're fucking dead. So the key man is to like these robin hood accounts man sickening what they're doing. Do they just don't know, bro They just don't know Man But their instagram ads say that they're millionaires so Sounds legit to me, dude, right? It's crazy, man. So again guys, you know, this is look man MIC is not just a short bias room We cater to the two thousand dollar accounts with that only long man that can't short yet So this is not all about professionals who are professional short sellers We have strategies for everything But we ask and we plead and we beg that you don't rush in with the ton of amount of shares and all this stuff until you Know price action until you understand the game or range and like like david just said man education first You got a back test. Look, I know that my max Um, you know my max amount of shares on something like kodak versus something like god gene today Is going to be very different, man. It might be three times Do you know why because the range is very different, man? If you know, I'm willing to use xyz amount of shares on gene I may triple that. Oh, I'm sorry on on kodak I may triple that on something like gene because the range just isn't there or maybe the float Whatever maybe there's easy to borrow maybe there's SSR you've got to learn this shit, man So, you know these poor souls man these poor souls god the old indicator is true Folks if the old indicator is true with the number of robin hood accounts that increase Sorry, the number of robin hood and counts that increase overnight. Look at that 78,000 more accounts hold positions in kodak in kodak now Joe they're really that many accounts that hold a position now and so for the guys for the guys that Literally don't understand this. Can you explain as layman's terms as possible what this is and what's going on? Like guys out there that this may be their first day, dude. Seriously. Absolutely. So this site right here is Robin track, okay dot net robin track dot net. All right when you go to that you click popularity changes This tracks the number of robin hood accounts that hold positions In these particular symbols. All right tickers and yep And what has proven quite true? All right? What has proven quite true is that once you reach the number one spot Once your ticker symbol reaches the number one spot and you have the number of change like this when your number of change Increases like exponentially like this is right here. Yeah and When that happens when that happens that means the herd Is following hoping that it goes higher and usually the indication is that when everybody wants it higher tomorrow Will undoubtedly in my Undoubtedly in my mind. I'm going to say nine out of ten certainty With myself and because this is what I'm looking for tomorrow. I'm waiting for tomorrow. Yep tomorrow in my mind Will be first red day in my mind will be first red day and Just I will be ready to smack it. So so why is this important guys? Why does this give us an edge because this is the uneducated money that we talk about, dude We are educated traders. What did alex say on his youtube live on monday? He said I am taking Money because I'm educated from uneducated traders. Unfortunately for every dollar made There's a dollar lost in the in the in this industry Dude, but but it's an equal playing field if you want to rush in with no training wheels and be a dumb ass That is up to you and to follow somebody else. That is not on anybody But you if you don't here's that dude Yeah, here's that situation with that guy that was asking earlier about a checklist. All right. Yes, so Checklist number one. Is it day one and your stock is the number one spot on robin track? If it is okay, then you get a big fat x. It's not time to short it Now if it is day two and you have a big extension day, here we go day two. Okay day two Okay, check. Okay now after day two. Sorry. What the fuck is going on? Like Joe, what the hell are you drawing check day two check? It's now up 100 plus it's screaming. Okay volume is higher than the prior day Robinhood buyers have now increased to this through their number one position. Okay We got one two three four if tomorrow gaps down or goes red. It's time to short Okay five that becomes a Plus a plus R There's your checklist. That's as simple as your checklist needs to become that's as simple as your scoring sheet needs to be Now I think I think because you just explained all this Uh, I don't pay too much attention to this because I I like my low hangers But I do pay somewhat attention to this but I like what Joe's saying and for all the guys out there who I want To stay safe again. None of this is telling you what to do But a process can be built around this to stay safe. So Joe, what do you think? Let's create a checklist right now for what people can at least pay attention to what do you think? Oh, absolutely like this out In just real quick to add to this to prove to you guys that that this is I I have actually traded using this There is a webinar in the library That I show Me bottom ticking American Airlines using this exact same strategy on the long side It was the number one decreased position That means everybody was dumping their shares because it kept dumping and so when that reached it Boom I'm ready to long it and I longed the bottom of American Airlines Alerted that that I've long that I went long and blah blah proving that I'm long in this position I'm just making it up. I'm using my own money. Correct. I'm taking this trade Long the bottom next day. We gap up three points and then boom I sell And so I'm not I will do that on the long side Okay, I will do that on the long side because there is limited risk on the short side Never ever ever ever ever ever ever ever ever ever ever anticipate first red day. Okay Number one that's my number one is never anticipate first red day never anticipate the first red Day course. Yep. You can't so you can't short today hoping that tomorrow is the first red day just because It's number one position on robin tracker. It's number one. Da da da. It's got all the s It's got all the aspects of it, right? So all the aspects of it you cannot do that You got to wait you got to wait for the next morning because the next morning you are going to have much better opportunity to actually Take a trade with set risk in mind And actually have a great opportunity at making a profit. Okay, so step two is Is it day two plus? That's the key for shorting this This was something that bow talked about on twitter on the trading fish like Oh god, it was like six years ago five years ago something like that And this was the thing in otc's and it's very much a thing in In small caps on listed stocks too. Number three for me is Is there a blow off top in today number four is Um, is it number one on robin track? I love this joe dude. The reason why I wanted to do this joe is because look guys it we are we are so Unbelievably adamant about you staying safe. This is like the dude We're giving you this away for free on this webinar man, even if you didn't join embassy I don't want guys putting their harder money and they're mortgaging their fucking house and then losing because they don't know Why so I just want to create a little cheat sheet for you guys to understand what's going on in the market and all this new generation of robin hood So I love this dude joe. What's number four? What do you think is it number one? Is it number one on robin tracker on robin tracker literally the the top one guys think about that like number fucking one Yep, that's the real key right joe. That's that's the real key. That's the sauce right there That's the sauce. That's that's the that's the secret sauce, baby. Yep I'll just say sauce and just to be clear is And this is probably not a part of the like the number five or anything like that, but it Well, I guess it is So to add to that number four, this would be like four a Is it the most watched stock in every single chat room on twitter and everywhere s else Most talked about most mentioned Is this is this the most mentioned stock because this is going to narrow down whether you found the real Thing okay, because I see a lot of people they'll come in and be like is this a first red day And I'm like fuck. I never even heard about that ticker I've never even seen that ticker If you are the only one that sees it and you have to ask is this A potential blah blah blah. It's fucking not It's About that stock is clear for like members as possible, man. Seriously. Yep. Um That because so never anticipate is it day two plus? Is there a blow off top interday? No, what do you think about a percent tracker since you've been tracking this more than I have What percent change do you like to see on the number one list? Like what's the minimum? Like so that is not a percent change I guess you could calculate a percent change But if you look at it that is like an actual physical number of accounts. So 28,271 accounts And an additional 78,000 Hold that stock right now. Yeah, sorry. I'm six thousand accounts. Yeah guys. I meant not in price action I meant literally the holders of the company now in account form. So in terms of numbers I'm I'm not sure I look mostly at Um I want to see the percent change the increase in number of accounts to be parabolic So in so number percent change of accounts involved in the ticker. That's what it is Um, do you like to see 40 percent 50 percent? Like like I said, man, you've definitely been tracking this But I love like a hundred percent like that's the money as possible when that shit doubles Like when it goes from yesterday 28,000 people held it to now 50,000 people hold it and that shit's got a blow off top Oh, I'm I'm all about this because here's here's what I here's what I was gonna say in brother I like 60 percent because yeah, I could see that because it's just Dude, that's what I look for on gapping crafts when it comes to literally just intraday small caps So again guys, it's just an exponential increase. Obviously htbx today the account difference from what yesterday, right? Joe would be right 46,051 51. Yeah, that's that's not that's not considerable That's not like billboards in your face and red flags to be like, oh my god, dude. Oh my god. The end is near Dude, these are guys these some of these 106,000 accounts today, bro. Some of these guys longed it 60 You know it. You know they did. Oh, definitely Yikes So you need this like that you need this like just trickle trickle trickle chase chase chase the more percentage here You guys see which is percent change of accounts owned You know the more chasing that happened that needs to have an unwind and a bleed 1000% dude, that is the beauty of what this is We're trying to teach you guys to stay safe and look if you can make money out of it great But I want you guys to know when not to fucking buy dude My god, man, that's sickening 20,106,000 robin and killhood accounts own it just today, dude Oh, yeah And yeah, that's 78,000 people today 78,000 I'm gonna put that dude. I'm gonna put this for the sake of the example codec had 78,000 new accounts Chase on Yeah on july 29th 2020 just so we'll look back at this in five years and be like the fuck God damn. Why didn't we shorter, you know Short at all short at all I'm not gonna short this today. I'm not gonna touch it because there could be The the like exception to the rule There could be the exception to the rule and it could break every single part of this strategy side note always Like wait for confirm There because There are Always exceptions. There's always gonna be an exception. I love that. It's gonna be that one that breaks your system that the always Well, the market's always gonna have a 21 blackjack sometime. Honestly Dude, this is so fucking gold man. The people need to get people need to understand what the psychology behind this is man What was that last question you wait for the bounce wait for it to bounce back to the blow off top. No, no, so So The on the day of the lifetime treater clinics on how we trade the first red day There was one that you and ilex did tosh that was how you trade the first red days And that is available for lifetime members. So i'm not going to talk about how we trade a first red day I would just say wait for the plan this webinar Now wait for the slam. Yeah, I mean that's about as clear as you can get but all of you that are members And all of you that want to know how we will trade codec tomorrow or the day when it becomes first red day my anticipation is Tomorrow that's exactly right. That is based on this checklist tomorrow will be the day But I have no truthful clue And I will only react once that happens. So that's your checklist Yeah, so all that's what I would go with and that's with this guys This is this again, man This is one drop in the freaking bucket of what you would learn at m. I see but this is a rudimentary guide For new guys who just joined Uh, the trading world to stay safe with all this robin hood bs and also how to track the robin hood Tracker and a plan around it. So again, like dude, we're here to help you But again, man, if you thought if you found this useful, dude, you have no idea Did you have no fucking idea what's in an eight hour course in the accelerator program? Which there are promos right now. So text me at two and three four five eight five nine nine seven And also what we are going to cover dude This market is so hot right now what we're going to cover in this live trading event guys It's a must attend man. If you have any kind of seriousness about your future guys, dude Why do you think we priced at 97 man? MIC is not a cash grab, dude. You know what 97 buys if you love your mother You will be at this event if you don't love your mother, you will not be there Dude, if you are not there you you don't love your own mother Bro, we could have charged $2,000 for this but guess what we want the everyday guy to learn man This is not a cash grab and 97 dollars will cover the fees of how much it's going to cost just to put on this fucking thing Like dude, it's not about making money, man It's about letting you learn guys and giving you better options at MIC the annual lifetime is the way to go Monthly is great, but I'm going to tell you right now You are going to absolutely put a starter cable into like your freaking mind when it comes to Cutting your learning curve down and understanding knowledge in the annual in the lifetime So like I said, man, we just showed you a decent rudimentary guide on what this what this You know this whole Robin Hood generation looks like the chasing behind it the time to strike First red day is one out of literally six of our setups that we do every single day And it's one that is applicable between small and big caps. So, you know, I don't want the members to be mad We're gonna wait too much info But yeah, you guys get the idea man So if you want to come to MIC, dude, we are going to teach you the right way and we're going to teach you What works not what the masses are doing if you are a guy today that lost 197 dollars That's a monthly membership. Why did you lose that without investing in your education? If you lost near 2,000 that is the accelerator course That's an annual dude if you lost anything over 7k today and we're also running, you know Lifetime cheaper right now if you lost anywhere over five and six Bro, you lost a lifetime of this shit. Like I don't get it dude. People are so stubborn, man. I agree God dude take the ego out of the equation, dude anytime I anytime I start something new It's like Joe, you're you're pretty you're pretty knowledgeable when it comes to real estate, right? Dude, I I'm just getting in this field and just learning right if I wanted to go full-blown real estate You know what I would do I'd fly to Texas. I would provide value to Joe I take him out to dinner I'd wine and dine his his his time and I'd say Joe teach me dude You're the guy who knows that is what you need to do with trading You are learning from guys who pump you're learning from guys who chase You're learning from guys who have an agenda and you are getting stuck into their biases Dude the guy that's swinging a million dollars in a p&l and then by the end of the day, he's up 20 grand What the fuck did you learn man? right me Dude, you played his revenge trading, bro For real man for real. Holy shit. Joe. You know the only trade I took today, man is literally gene at VWAP dude That's it. That's all I took today. Why because that was all I was comfortable taking today That's it because I know tomorrow I might have three different kinds of gene plays, you know You know, I mean like dude, right process, man I'll be around for the next 10 20 30 years. Will you guys you got to learn you got to learn Dude, this is a this is a hell of a webinar, man. I'm I'm so glad we actually I'm so glad my computer didn't let me do charts day, man So we could just really talk about this psychology behind it because I think this is something Is that why we haven't been showing charts dude? I literally My fucking computer dude decided to take a shit today and I couldn't load anything man I lagged the whole system. I wouldn't even be able to type So check this There was a guy that just asked and I'll I'll let this be the last question before me and Joe run because we we we have been talking for a while Um, where was it? Yeah. Hey, yeah, actually sort of like so And by tingle, Joe means a big ol horseshit There was a I mean drop a dose there was a question earlier I'm trying to find it about the importance of everything in it relates to oh here goes How do you think you would rate price action volume technical analysis and psychology? I think and this is my this is my kind of grading system I would put price action and psychology as the first two if not psychology first Price action technical analysis is price action But then I would go to volume and things like fundamentals But guys line to line and are you hitting the right line? That's the psychology So, you know it comes down to those two things man is like Do you know which line you should be hitting the psychology behind the trade and who's stuck? And then which line you are hitting based on price action, right? So those go hand hand in hand man seriously This is kind of like how I would number that Yeah, Joe type it out man. Yeah Fundamentals for me would come way later man. They just really would I would label it like that because I love that if you don't understand and entosh said it perfectly if you don't understand the psychology You won't understand the price action at all You have no idea what the psychology is based on what you're seeing price action is what you see, right? If you don't understand what you see How do you interpret that man and not do it and not just that it's like psychology guys is not look people think scaling a stock Is just price action No way dude the psychology of your comfort zone of what you're willing to be down first Have you back test it so much of that is psychology of like oh shit? Okay, I got in a starter at b-walk, but it's still running over like on a technical standpoint our price action standpoint The chart will literally fucking tell you dude cut at this line or don't but your psychology may tell you something completely different dude If you don't have the proper psychological, you know lessons behind it like man There's just so much to know man, but there is a very clear understanding codec What's it doing 33 Oh, I'll pull it up on my tanks from 40 to 33 in the last 10 minutes here I'm pulling up on my phone man. Oh shit, dude. Thal should have wrote it short nice Oh, no 32 is it halton. I think he actually longed it Bro, this is this is uh odak is altered tomorrow if we can get the borrow man. This might be pretty sexy I know I know your sugar mama fey is looking at it tomorrow If I can't get the borrows, I'm going to be looking at the put options Dude, that's why you learn options. So you have a silver bullet I don't have to have the locates if the options trade enough volume But if the options don't trade any volume, then I'll have to find the shares, but if I can't find the shares Then yeah, and I've got cobra. So probably not going to have the shares Because it's already restricted And for good fucking reason too. So It's all right Guys, we have a new little bit of an options course that joe is putting together Right now. So we dude, we have everything at m i c man If you want to join the best community online, bro, look no further man. It's time invest in your education guys It's time It is time fighting out of the red Alex Alex secret the silent ninja. He's been in here. What's up, buddy? Guys, we're going to leave you with these kind words from alex. Uh, hope you hopefully you guys got something out of this today I wanted to really harp on the psychology of trading. Uh, what we're putting on I can't wait to do this live event guys. You're gonna love it. Um, reach out to me again Here's my number screenshot, you know reach out to me if you have any questions possible Signing up upgrading up whatever it is man, but I'm here for you and again we'll do this next week and We will hopefully my computer doesn't lag and we can bring up some badass charts But uh, joe, you're awesome, brother. I will catch you next week and um, go hit up david for, um Uh, some wagyu Yeah, right get your shipping right david. Damn it david d h l ups. There's no excuse david Yeah There's no get us walk now. Yeah Uh, see you guys. All right later, bro later, bud