 and then I'm gonna get started. What's up guys, today's Thursday. Usually I do these recap videos every single Monday, but I have a lot of stuff to recap and a lot of stuff to talk about. So I said, you know what? I'm gonna come on here today, okay? So a couple things is we just concluded our live trading bootcamp. So we had members, we had non-members, everyone watching me and Bao trade live. You guys saw me make 50 cents a share on FLGC after creating the watch list. So we made the watch list. I made a plan to short it at 1650. It went to 1650. I shorted it, it went down to 16. I made my money and everyone was blown away, right? I just literally made the watch list. I stuck to the plan. I followed the plan and I made money. So that was number one, that was FLGC. And then if I remember correctly, LMFA was another one. So we had a hot stock on the day, VXRT guys. And because we had a hot stock on the day, these side stocks were not in attention. So what I showed everyone on the bootcamp with my live trading is how to make a watch list, how to execute based on that watch list, and when the market opens, how to focus on the right stocks, right? So I walked away with a $6,000 or $7,000 day on bootcamp day. Everyone saw it live, everyone saw it executed, everyone had a great time. I think the big key about the bootcamp is I showed you guys how simple it is. I made a plan, I stuck to the plan, I followed the watch list plan and I got paid out. Another big thing that I think people realized on the bootcamp was how important it is to focus on the side stocks. How important it is to focus on the stocks that people don't care about. And that's why I shorted LMFA. So if you are an MIC member, monthly annual or lifetime, the bootcamp replay is 100% free. We are not giving out the replay to non-members, okay? So I hope you guys had a great time. We gave away a trading monitor, we gave away a lifetime membership, we gave away a monthly membership, and I just had my one-on-one phone call with Roth, who is a lifetime member. So what I wanna talk about, Roth is this. He traded options before he found MIC, and he lost $70,000 trading options. And when he signed up for the lifetime membership, he's like, bro, I did this because I never wanna lose money like that again. He's like, imagine, if the lifetime membership is $10,000, and you tell someone they could start a business with that $10,000, that might be able to generate them $500,000 one day. Everyone would say, yes, I wanna take that investment. So getting a lifetime membership in MIC is an investment to create a fucking six and seven-figure business. Anyone in America, if they said, hey, pay $10,000, and you could learn how to start a fucking six or seven-figure business, that's legit, every single person in America would do it. But for some reason, there's a misconception about online education. Yes, there's a lot of frauds out there. Yes, there's a lot of scams out there. But guys, if you could start a business with $10,000 that could eventually make you a half a million dollars or a million dollars every year, wouldn't you all take it? And that's why Roth was smart enough. Roth was smart enough to realize that, hey, I'm getting this lifetime membership to have the potential to have the opportunity to start a six and seven-figure business one day, and to make sure I never lose 70 grand on options again. So shout out to Roth. I know Roth is gonna be a six and seven-figure trader, very soon. Just the way he talks, just the way his mindset is, makes me realize he's got what it takes. He's got what it takes because he's thinking differently. He's not thinking, oh my God, how am I gonna make this money back? He's saying, this is the best opportunity of a lifetime to learn how to start a business that's gonna be a six and seven-figure business. So again, guys, the lifetime membership is by application only. We do not accept everyone to the lifetime membership. You need to have a personality like Roth. So go to the website, My Investing Club, fill out an application, and we review one by one, and we'll see. So that's that. Number two, guys, number two is, I wanna talk about the topic of the day. The topic of the day is why do 90% of day traders fail? And the reason why, it's gonna sound crazy, so the reason why I'm making this video, or the reason why I thought about this topic is, I went to five minutes. You know when you guys are in bed, and it's like right before bedtime, and you're just sitting there, and you dropped your phone, you dropped your laptop, you're not on your iPad, and you're just in your own thoughts for those 10, 20 minutes before you fall asleep? I was in my own thoughts, man. I was in my own thoughts, and I was thinking, why are 90% of people failing? I saw a lot of people yesterday take big losses. I saw people on Twitter, people on Instagram. I saw a lot of people taking big losses, but wait, before that, we got a AMG GT here. Again, guys, I am a massive car guy. I love cars, cars are my passion. So anytime I see a nice car, I gotta stop and look at it. So if you guys ever wanna talk to me about cars, it's my favorite topic ever. Anyway, so in the very last moments of going to bed, the thought came in my head, why do 90% of traders fail? And it came in my head and I didn't wanna lose that thought, so I grabbed my iPhone and I put it into my notepad, and that's why I wanted to make this video. So here's the reason why 90% of day traders fail, guys. Number one is people try to fucking show off, man. Like day trading apparently is something that people try to flex on. Like, oh, look at me, I make $10,000 a day. Oh, look at me, I drive this fucking car. Look at me, I got this fancy fucking Rolex on, right? And what I realized, guys, is the people that are showing off and the people that are bragging are the ones that are gonna lose all their money because they're trading for the wrong things, right? They're trading with an ego. They're trading for the wrong reasons. So the number one reason, in my opinion, is that everyone is losing money day trading is because they're trying to show off to people. They're trying to show off to their friends. They're trying to show off to their family that they're making all this fucking money. But the reality is, guys, that's wrong. That is wrong. The best day traders out there, you've never even heard about. You've never even heard about. Because they don't care, bro. They don't care about it, right? The reason why you hear about me and about is because we try to teach you guys. We try to educate you guys. But I see people on Twitter. I see people on Instagram. I see people everywhere bragging. If they have a good day, they're the fucking king of the world. If they had a bad day, oh, it's the algos. It's the institutions. Oh, it's the algos fighting against me. But on the good days, I'm the fucking man, right? Those people are not going to fucking last, guys. So number one is control your ego. Control your ego. Be humble, right? The reason why I make so much money I'm not doing it to show off. I do it because I love it. It's my passion. I love trading. It's something that makes me happy, right? Yes, there are highs. Yes, there are lows. Yes, it's difficult from time to time. But I sacrificed seven years of my life to get to the point where I'm making millions of dollars a year, guys. So that's one. Number two is greed, right? Traders are greedy motherfuckers. In my opinion, greed is the root of every single evil out there. The greedier you are, the more unhappy you will be in life, okay? For example, if you want to trade, you can make $100 a day. So obviously some of my hometown friends, they see how much money I'm making. They want to get into trading finally. It took them seven years to realize how much money there is in this business. But they're like, yeah, do like I want to get started. I want to do this. And I was like, look, man, I'm going to be totally honest with you. I could teach you how to make $100 a day with your eyes closed and with your hands tied behind your back. All you need to do is take 1,000 shares and make 10 cents. I could teach anyone to make $100 a day. The problem is greed. We want more. It is never enough. Money is a drug. It is never enough. Rick Ross said too much money ain't enough money, right? So the problem is guys, in trading, you have to equate it to something real in life. If you just see $100 on the screen, it doesn't mean anything. It's like a video game. You need to compare that $100 to what that could buy you. $100 could buy me a nice T-bone steak with a side of french fries and a chocolate cake. If I equate that in my head that because of trading, I can get a steak every day, it makes it real. It makes it tangible. The problem is all you motherfuckers are greedy. You make $100, you say, why isn't it $200? You make $500, why isn't it $1,000? You make $100,000, why isn't it $1,000? Okay, and I get it. We live in the day and age of social media where everyone is bragging and everyone is showing off. But what you have to, holy fuck, do you guys see that? That's a Aventador SVJ, fuck. Can I catch it? No, there's no way I can catch it, fuck. Anyway, so right, let me perfect example, right? That is an Aventador SVJ, okay? The Aventador SVJ is $750,000. I have a Huracan Perfomante, which is $320,000. I saw that car and I said, you know what? I want that one. Greed, greed, greed. Greed is the bane, is the root of all evil guys. So keep that in mind, guys. There's always gonna be someone that's making more money than you. There's always gonna be someone that has an upgraded car than you. There's always gonna be someone that has a better watch than you. There's always gonna be someone that has a girl with bigger boobs than your girl, right? But that doesn't mean anything. What you have to focus on, guys, is being the best version of yourself, right? So ignore those greedy entities. Ignore that greedy mindset and focus on being a 1% better version of yourself than the day before and you will be better. You don't know what someone else's circumstances are. Maybe that guy with the Aventador SVJ is a trust fund baby. Maybe his dad is a fucking billionaire, right? Maybe his dad is a fucking billionaire. So he got that gift for his 21st birthday. Who knows? Did you guys hear that? That was the SVJ ripping it. I hope you guys could hear it. Anyway, so maybe he got that as a gift, right? So his circumstances are not the same circumstances as your circumstances, guys. So focus on being the best version of yourself and the rest will follow. So we said ego and greed. The next thing is no education, right? And this is why we talk about it. So I'm gonna give you an example. I'm up over $2 million this year, trading for one hour a day, okay? And it's August, August 18th, August 19th. You know, maybe I'll make another half a million dollars by the year ends. Okay, let's just say 2 million. I make more money than a doctor. I make more money than a lawyer. I make more money than an engineer. And I make more money than a CEO combined. Now we're at 90% less than that. Okay, let me ask you something, guys. Does a doctor go to school for eight years before he makes half a million dollars a year? Does a lawyer go to law school for six years before he makes half a million dollars a year? Does an engineer go to school for four years before he makes a quarter million dollars a year? So let me ask you something. If I'm making more than all these people, don't you think I need some sort of education? Don't you think I need some sort of backbone? Do you think a hedge fund hires someone that's been going to school for a month? Do you think a hedge fund hires someone that's been going to school for a year? They want the best of the best, right? They want the best of the best. So let me ask you something. If you are attending MIC, which is a trading school and you're not being profitable in one month, does that mean that school is wrong? Or does that mean that you have not earned your degree yet? You have not earned your diploma. In my opinion, guys, in my opinion, it takes a minimum of six months to a year to learn this thing. Okay, six months to a year to change your fucking life, man. You know, I was talking to a friend and this friend told me that, you know, you guys are giving people the biggest opportunity ever. Fuck them if they don't take advantage of that opportunity. Every single day, guys, we are trying to show you that if you just go to a trading school for six months or a year, I promise you, I promise you that you're gonna have the opportunity to make so much money, guys, so much money. It took me seven years to make $2 million a year, seven years. I'm not telling you that, it's gonna take you seven years. I'm telling you it's gonna probably take you one year, right? It's probably gonna take you one year. So commit to this, take it seriously and realize that because someone else is cheaper than MIC, does not mean they are the same thing but different. I mean, it does not mean the same thing, but just cheaper. If you pay for a cheaper service, you are getting cheaper quality. I mentioned this in the previous video that over the weekend, I went to every single room out there. I went to the room, the Discord guys' room. I went to the people on Instagram's room. I went to the people on YouTube's room. I went to the Asian guys' room. I went everywhere. These guys, number one, they don't show up. They show up once a week. Another guy loses money after 10 minutes. He walks away, doesn't help his members. Another guy blows up every fucking day and his members are blowing up. Another guy brags that he's the man, but hey, he doesn't even fucking show up, right? So all these people, guys, all these people are selling you the dream. They're selling you some marketing fucking tactic, some marketing bullshit. Hey, I am $100 a month, join me because I'm the best, I'm the fucking discount guy. You guys are going to a fucking community college. You guys are going to McDonald's. If you guys wanna eat McDonald's every day, go for it, but I'm offering you guys a steak. A steak is more valuable than McDonald's, so you have to pay up for that steak and that is why you are here, man. You guys, that's why you guys are here. So I'm telling you, man, I'm telling you, I've been challenging people to try out MIC and I've been telling people, hey, if Bao and I are around more than your guru, I want you to leave your guru. If Bao and I are not around more than your guru, we'll refund you the money, right? So guys, I don't know what more I could do to convince you. I don't know what more I could say to help you guys. I give you guys my heart and my soul every single day. I am a multi-millionaire. If I decide tomorrow I don't wanna do MIC anymore, I don't wanna do MIC anymore. I don't need to do it. I make more money trading than I do teaching you guys. All the money we make on teaching, we put it back into marketing. We put it back into helping our moderators' families, right? So one day I could wake up and say, I don't want to do this anymore. I don't need to do this. So take advantage of it all over again, guys. Take advantage of it, because maybe one day it's not gonna exist anymore. We try our best to help you guys, but sometimes you need to help yourselves. And I hope that these videos are educating you guys. I hope these videos are teaching you guys something because the truth of the matter is MIC is way too cheap. People think that we are not valuable because we don't charge so much money. And the truth of the matter is that it might be time to raise prices so that people start to take us seriously, right? MIC is super affordable. It's $100 for your first month. And I guarantee, like I said before in the previous videos, join for a month using the half-off sale. If you go to the watch list and you cannot make money on the watch list, I will refund you your money. So join MIC for a month. Go to the watch list channel. S-O-N-N paid out today. B-C-T-X paid out today. And that would be your membership right there, guys. No one, no one helps the way we do, guys. No one helps the way we do. We are here to help. And I hope these videos are finally opening up your eyes to what is possible. If you join MIC, you guys are getting an opportunity to change your life. If you don't wanna take advantage of that opportunity, that's on you. But Bao and I, every single day, for fucking $100, we're giving you guys the opportunities to become millionaires. And if you guys don't wanna take it, so be it. I don't care. I'm just letting you know that there's plenty of people out there like Roth, who are listening, who are learning, who are gonna be fucking rich. And those are the people that I want to focus on, man. So I appreciate you guys attending. I hope this video opened up your eyes a little bit. And you know what? I had a great day yesterday. I took the day off. Bao was in Paris and he's still making money in Paris. And you know what? I'm gonna go back and enjoy the rest of my day because hey, I earned it, right? I earned it. I earned my freedom. I earned a break. I earned everything. So I'll see you guys later. Have a great day.