 All right, it apparently my man Joe is probably still cooking up his beer chicken not thinking I'm done yet Joe we're yet son Did flip the grill bro flip the grill and let's talk some stock Joe do I thought you're inside a land man here. Let me just add you Once that way alright Joe you can talk now and I'll promote you to a panelist as well What's up, bro, what is up, man? How you doing? Well Dude, let me let me tell you something like bro every I swear to God man I am like the most supportive do the word if I see that someone has put together something that I think is really wonderful I'm like the number one person to cheerleading give them credit bro Your boot camp on options is so unbelievable like I'm like speechless dude. I'm like fucking speechless, bro Tell everybody Please tell everybody about it and like what to expect Joe I want to introduce it this week because we don't give enough attention to how wonderful it is and and the resources that do small account guys can benefit so the The options boot camp is four episodes of literally every single one I'll show Joe. Let me let me go the videos. I'll show them how to access it Yep, so the options boot camp is is four episodes of Really truly four episodes and then there's some extracurricular Courses in there that you can watch but go to page two. This is the very beginning of it or Yeah Part one part two part three part four Two of the dudes in the large cap room that are options traders as well helped put this together So it it is a very very very very structured power point on Teaches you how options are priced to how to understand what you're reading pretty much from ground zero and What I want everybody to understand When it comes down to options me and Tosh talked about this yesterday Well, the fucker finally convinced me after a year duty is in my ear every week like bro Why aren't you doing options with me and Brian? I'm like, all right man hold my beer bro, it It's So the purpose of of the options that you trade are They are just instruments To trade you don't have to worry about I have to exercise my shares to get this Contract to get this do do do do do do do they're just They're just instruments to trade the volatility Yep, so That's That that's it and so just like we use stocks we use stocks is just As just little trading instruments things to capture the volatility from those Options are the same way except it's a leveraged instrument and so Because the eye-opener for me dude with options was like guys if you really don't take the time to actually understand even the most Basic things about options. It's just gonna be this like thing in your brain that's gonna be overwhelming You're like literally what is it like Joe just said dude? It's an instrument So if you want to trade a $600 stock like Netflix you might be able to trade the option of it Which is kind of just like trading the stock, but dude it might be priced at $10 Meaning think about the buying power you would need to have to trade Netflix versus the buying power of a $10 stock with the underlying I'm sorry a $10 premium or option with the underlying would be a $600 ticker That's the whole point you get to trade anything you want and I mean I'm wrong Joe But then you don't have things like the frickin pattern day trader rule, right? You still have it, but you don't have to but you don't all you need is a cash account Well, that's a margin account like you have to like you have to Like you like you need in small caps most people in small caps you have to have a margin account if you want a short sell and So in a in options, you don't need a margin account You just need a cash account and you can short and long all of the same and you just use options to do it And you just use those as trading vehicles It's not I'm not talking fancy stuff like selling premium and capturing debit spreads Spreads calendar spreads hooker spreads. I don't care what it is if you don't need to do any of that stuff They're just vehicles. So think back. I've compared this yesterday with Tosh think back to when you know like OTCs now OTCs the odd the the volume has died, right? There's no liquidity or very little liquidity to trade any kind of size on those with any kind of confidence unless you're trading like GVTC for Bitcoin and so With Robin Hooders coming into the market and these retailers that don't understand anything and they just go in and what they do is they go long options They go buy options and so these These uneducated traders have provided more liquidity in the options world than there ever was Three four or five years ago like I used to I I looked into options before and I was like man There's just no freaking liquidity here unless I trade like spy and I didn't want to trade the spy and I didn't really understand very much about it And so slowly as time went on back in 2019 Back in 2019 man options volume skyrocketed because a lot More market participants are in that market Account yeah, we got Robin Hood all that stuff Dude, I put just for the fun of it and I'll tell you guys this because I'm gonna release the results eventually, but I'm doing this for To show what you can do with with for all the small account people I put 1500 bucks in an account Like 45 days ago Yeah And I've been trading one contract in that account So like I take trades and then I'll take trades in that small account I just like one contract in this one and then other trades in the other one And for those who don't know that one contract is a hundred shares Yeah in that small account 1500 bucks. I've already doubled it That's freaking sick. He's in 45 days using using imagine like in stocks If you were like I use a hundred shares max and I've doubled my account How long is it gonna take you to do that on the long side in small caps without getting lucky? I have no god lucky in any of these trades. I have not made like 10 fold on any of these trades Well and guys that's the whole reason why I wanted to bring this up today right is because you guys have to understand If you're in a service where they're only trading really really really big money That's impossible to replicate right like if you're trading but your guru has a four billion dollar account and you know The p&l's are really sexy and they're big and they're kind of crazy. I mean look, dude It's like that's not going to be relatable for like the little guy right and like m. I see was built man Two and a half years ago to give every single trader no matter who you are a fighting chance in the markets In fact, dude We like I would venture to say that we actually cater to More even the little guy because it's like dude even guys with 500 or accounts We have every single resource and now that's why I really wanted to take attention And put it even to the options courses You guys got to understand man if you have 500 dollars and you want to fighting chance in the market We hear that dude. That's what we're here to do. We're here to give everybody that opportunity And that's why I'm like guys if I'm serious man If maybe small caps is not your thing or big caps you just Really just don't have the buying power because I understand that you really can't trade Netflix with a thousand dollars Well, now you can with options and that's why I wanted to even learn it myself So I can help you Joe and more like like dude guys This actually works and this is why I like it and this is an alternative to learn or make money It's like if you guys Have an opportunity Where you want to make money or learn something we are here to provide everything for you That's why we're doing this and that's why we did it and you know, like I said Joe's results the way he keeps it simple Um, you know, we we just dude We want the goal of m. I see is to get every single trader a fighting chance to make Not not even just make a living at trading dude Because everybody's promising you the lambos in the flash and and you could party with all the celebrities and influence dude It's not about that It's about we want you to be able to supplement your income So you're less stressed in your life to maybe one day and a lot of our guys have To actually quit your job if you wanted to and make it a full-time living like Faye or or Joe or so many people tom diesel over the years and and the funny part is is we actually tell them Not to quit their careers Bro, I will say this go on as as someone that had a career And went full-time as a trader I'm gonna tell everybody that wants to do that right now and i'm gonna probably crush your dreams Uh, it's the stupidest thing you'll ever do in your entire life Lament do not do not quit. Do not quit your job The goal in life is and I know you all want to probably quit your job because you want to be free of the man Right. I agree with that 1 000 percent. You know, you want to be free of the man You don't want to be you don't want to be anybody's bitch anymore Can't blame you I didn't want to either But what you need to do is you need to take that capital That you have and start other revenue income streams. You can't just trade add some Just trade financial drip Exactly you have to have other streams of income me. I have real estate I not only have sales on real estate, but I have rental income that comes in from there And then on top of that my wife works it because what are we gonna do sit on our fucking thumbs for all of 2020 Dude, no, I'm gonna get out there and I'm gonna hustle and I'm gonna go make something of my life And you know, I want to retire by the time I'm 40. Well, sorry guys, but I'm gonna be an m. I see in 10 years Joe, let me say it like this bro. Let retired. Joe. Let me let me give him a perspective real quick guys The reason why we say don't quit your jobs Is because you can make double the income dude We make all our money in literally like one hour a day Dude, we trade the first hour short and then zombie hour for like a good hour Dude longs have so much actually longs really is like a cheat sheet into the markets Dude, they have the first hour and the fucking second hour like i'm jealous of longs Dude, they have more opportunity But the point is guys if you full-time jobs if you have jobs there in the morning in the afternoon We have a reversal hour. We have the opening morning. We have zombie art We have a timetable and strategies aligned to every timetable that no matter what your job is or your schedule You can benefit in coming to m. I see and learn how to make money and that's why I even brought up the options If you guys can swing month-long strike price contracts and kind of let the money work for you And here's the reason why Joe was just saying don't quit your job Say you get to the point and you will a lot of people have I mean shit man Look at our testimonials pages. It's unbelievable. Dude. How many it's like overwhelming at times like we're like, holy shit, dude But the point is is if you figure out how to like full-on replace your income with trading right Trading an hour a day. See it's the same money. Why wouldn't you just trade an hour? Then go to your job and like Joe said set up a vending machine business set up real estate set up some drip It drip is called passive income You get these little drips into all these passive income sources And now you're actually making money when you're not doing fucking jack shit, dude I'm not even talking about your own business be your own fucking boss your own boss be your own business But dude, don't quit your job until not only can your all your passive income pay your life and you got trained Like if you're good at building fences then go fucking build fences and start a fence business and eventually Eventually you're running four fence crews and you're the job foreman and all you do is go a praise And then send out four different crews to four different job sites or five different job sites And you're just bringing in that just you're becoming your own boss. You're using the market to leverage other things in your life dude, there's a million ways to do this, but You know The dream of quitting your job is you know, don't quit your job would be a full-time day trader This is dumbest shit you'll ever do Dude it really is because there's so many ways to make money a supplement and do et cetera and this and that I mean, dude, like it's just it's crazy man. It's crazy how much opportunity there is Dude, I've worked. I've always had a job my entire life Tosh probably not maybe at a juice store. No, I've always worked Just fucking with your bro. I literally broke like it like it was crazy man my whole life I'm 30s for like 27 years, dude, and it was just it was non-stop, dude Even when I was trying to was at the original smoothie king In fact when there was mullets Now I gotta own the smoothie places man. See that's that's the real goal. It's like open up smoothies shops now Skinny jeans are expensive Dude skinny jeans are hella expensive now I love it though every time I see like even like all the people all my friends Even like ballet. I know everybody's gravitating towards the skinnies man. I'm telling you it's a pandemic It's an epidemic of skinny jeans bro. I started that shit man I If I if I wear skinny jeans it just looks like two ham hocks tied up in a grocery bag to Joe doesn't want to show off his poop Dude that is no man. I got one I got one nut split on the left side one nut split on the right side My legs all cramped up. I you know when I sit down the fucking jeans slide up to my shims Yeah, so you know I'm like Can't do it if you guys want to hook up at lulu lemon, then I got you they got some great jeans quote unquote jeans Lulu lemon sells jeans. No, dude. I'm kidding. Joe's saying I can't tell if they're skinny jeans on tasha lulu lemon. I'm like, well Don't don't give away all my touch doesn't wear pants bro. He has painted on jeans This shit gets painted on every day He has an artist that stands there with a spray gun and like covers his nuts and then sprays He just he just wears a jockstrap that gets blended into his body Yeah, he is you know all those chicks on instagram they're like body paint Dude, this is so mean Dude that you know what's funny is that that build right there is like the reverse of me Like my legs are like fucking tree trunks Like my legs are tree trunks. I can't fit in skinny jeans. Hey, like moving on. I got you. Oh, dude. I got your build Is this the opposite Me right there right there. Yeah, that's me. See this is joe and this is me Yes, yes, that's so funny, bro. No, it's funny man because like in high school, dude I used to work out a lot and I was actually kind of a big guy but like I never worked out legs, dude So I literally look like this man. I was like never skip leg day. I always skip leg day. I hated leg day But like my best friend now 16 years. He is the opposite of this. So he's like he's got like tree trunk legs that are buff I'm like Hey man to each his own bro. I just hated leg day Hey Chris I'm gonna question for you since you live in the backwoods of georgia I got a question and you may know the answer to this but to though to any of you that have lived in the country before Been been near it. Why do People that wear like wrangler jeans like why do they like pull their pant leg up above their At the top of their boot and then tuck it in. I know what it's for Like I know it's for when when you ride horses. I believe me. I grew up in the country So it's for when you ride horses. So you should don't wear out and it doesn't pull or anything like that but But when you're walking through walmart with the fucking jeans in your boot, what are you gonna do? What are people gonna do? Like do people just plan on like saddling up a fucking horse in the back of walmart and ride off into the sunset? Bro, like what are these people thinking? I was in there the other day and there was some dude with his boots tucked into his jeans on only the inside leg Like the inside of his pant leg was tucked into his jeans And i'm like, dude, what what are these What are these guys doing? It's like sundance kid over here about to the fucking He's got his horse corralled out back of the fucking dairy queen and he's just gonna he's just gonna cruise on out It's like their version of a fashion statement. Yeah, I mean I can see that but dude It's like it is the dumbest shit. I've ever seen like you had these people don't ride a horse every day Let alone they probably don't even own a horse Paper horse. Yeah, they're like tucking their fucking bootlegs. Yeah paper horse riders Bro, yeah, they're paper horse riders or paper cowboys Ain't nothing Fucking stupid Anyway, move on. Joe started on that man So I want to show everybody this pull up the netflix calls Can you do that? Can somebody tell tell us what the I don't have thinkers from open I'm actually sitting here eating lunch Can you tell us what the netflix call tag is I think it's like it's like dot nfl Oh, there it is. So on the 600s right click on those calls Right here on the left. No left. Go left. Oh the calls. Oh, the calls. See, I'm new to this place as well, man Right click 600 right here right click right click No, right click. Oh, fuck you tight dude. I'm on a laptop Okay copy All right Yep, and then go to your chart fixed All right, guys Here's what I want to show you the potential of options. This is just today So go to your studies and let's remove this stuff because you don't need all this extra shit once that way What am I removing the blank chart? Yeah, just everything remove it all Yeah, remove everything Even I'm getting a lesson There you go. All right, so This is what happened at the open So you can see that the 600 calls tanked right at the open Okay, they gapped up massive from less than a dollar to 450 And then at the open they washed out to a dollar 50 and then in seconds In seconds they were I longed them at 260 and sold them at four bucks in a matter of seconds like probably 45 seconds as as long as I was in the trade Went long at 260 sold them at four And I what is that percentage like so you 60 percent 70 percent and you're saying you sold them right here At four bucks. Wow yep, and And then I re-bought and I re-bought them on the dip And risked a portion of what I made and then I had to stop out when it broke down, but the point is I risked barely Anything how do you know? How do you know to sell of the main stock or the options like the main stock chart? So I'm just looking at the underlying stock chart And I'm just looking at the bid and the ask on the options So like when the underlying stock hits my lines, I just know what strike I want to buy And so I buy that strike and then when the stock bounces back into my lines I sell my options and the options have increased in values since that bounce etc etc, but So the this trade lasted for literally I swear to you like 45 seconds maybe a minute I mean I mean I last longer in the bedroom than I than that trade lasted and that's saying he thinks he does Yeah Is there some kind of automatic thing or do you do manual correlation trade? There's no there's no So the correlation that you're asking about is delta So the delta People have probably heard that all delta means is How much the option is going to move? For every one dollar move in the stock on the underlying Netflix Yeah, if so if netflix goes from 560 to 561 My option will increase from 2 to 220 if the delta is 20 cents We're just using like easy numbers here, right and the closer you get to your strike price that thing just Exponentially moves quicker and more. Yeah, exactly now if Yeah, you can't use fantasy orders No, no, you can't use fantasy orders But um, I still add liquidity. So I still like when the stock is dropping I will put my orders on the bid or like one tick below the bid So that I catch the panic and I catch that that volatility And then I get the bounce but you can't set fantasy orders. I wish you could Sometimes you can But most of the time you have to kind of pay attention when you're entering so Yeah, but anyway, my point to this is you know, it is This is the potential of this like I traded netflix and it cost me less than a thousand dollars to make this trade and I made Whatever whatever 260 to four dollars is percentage wise. I think that's like 60 or 70 percent I in in a matter of like a minute 15 minutes into the market open and I'm done for the day. Like I was gone. I left Stop trading after I bought the dip and took it and took a small and gave back Like I gave about like 30 percent of what I made And and so I was like and I'm gone So I made one trade made my money tried again and then had to stop out and then I was done I was like, that's a wrap It's a sick day, right? It's super quick man super volatile. It's super quick to be time at right and you know Like joe always says man on on options, man You don't want to do the day before the earnings but the day after earnings or the day You know the day after earnings man, it's super volatile and you need to expect to move like netflix did with the continuation that it had So did I trade plug off of the 64 line or were you too focused on? Yeah, I was too focused on netflix And I just made my money on netflix and so I was like, all right I ain't about to go and start looking for more trades Like I start that's kind of my that's my kryptonite is once I make my money Like I make my daily nut. I have a really hard time pushing myself Because you know, I got a wife. I got kids. I got bills I got this I started paying shit in my head with the money that I just made And I started thinking, you know, what if I give it back? I don't want to give it back And so I I'm just like if the trade is not super clear to me, I'm just going to skip it like and move on That's brisket money, baby. That is brisket money locked in I don't buy a fuckload of brisket. Let me tell you Dude listen to this So there were such heavy wins in california say my buddy that lives in l.a I don't know why this reminded me, but I'm on facetime with him. He goes bro. Look at this. They're 80 mile per hour wins, right? Dude, he's throw his 300 pound grill got thrown like a freaking dude like a dandelion spore and broke to like 10 000 pieces Bro, his 300 pound grill just got wiped out Wow, I was like For anybody in l.a. Hope you guys stayed safe. Somebody asks what's the usual risk percentage for options So for me I use 50 percent of whatever I buy of the freeing Yeah, so if the if the cost of the option is two bucks Like I'm willing to take enough size in the option That I am willing to let the option lose 50 percent of its value Okay, that doesn't mean that's where my stop loss is all the time. That's where my max loss is Now my stop loss I base it Some most of the time I base it on the the stock chart so like netflix. I'll base it on the stock chart But sometimes when you're buying panic I mean you don't really have a stop And so you just have to along it and size in according knowing that You could take a 50 loss here in a blink of an eye, but Let me tell you how many times that's happened one In the last year That that's happened that I lost like 50 in like two minutes. I mean it's had this happened one time So, I mean it just doesn't it doesn't happen It can happen if you let it but I mean Just don't be an idiot. No, but that's that's the thing across the board of anything man small caps can Just watch the options boot camp. That's not gonna happen to you. Dude. Damn options boot camp Yep. Yeah, joe is a pure options trader man. That's that's the cool part. Um Dude, I've honestly stopped day trading like this was just a day trade for me I will still day trade, but I'm not looking for it every day I've actually been swing trading more but I use options to swing trade, but I'm 1100 percent Using options in my trading. I've almost I've been placed in equity trade in Six months Well, and that's the coolest part man It's like it's like you've got to find what works for you right and like time schedule and stuff and joe is telling me Dude, it's like look he's got a newborn man. He's got kids man He's got a fan It's so much easier for him to do that right like if you wake up at a certain time and et cetera et cetera and I just get the same volatility that you get in small caps And I get it in large caps where I don't have to freak the fuck out constantly that the stock is going to drop on me Out of nowhere like I can have confidence in holding these companies Right, correct, and I get the same volatility that I that you can in small caps Correct man, correct for any of you guys who have watched the option course What do you think about it man? Do you like it like like I want to get some feedback man Who's watched the option course? Seriously? I know I saw a couple you guys say that you did like it But like what are your thoughts jc jc m i c has um Nice nice. Yeah Wow, so you guys are wow you guys are digging it, dude. I'm telling I'm digging it joe I think it's I think it's I think it's it's so simple to understand man The first one just like you know what it is I equate it to like this Remember game of thrones dude like episode one or any major show that you start you're like, all right, man I mean this is a lot of characters fuck am I into this like you know, et cetera et cetera Well, that's that's the first video right like you're like, all right Well, this is a lot to learn it sounds super confusing. There's a lot of characters Dude by episode three you're like, man, I know this shit. I know this shit. I'm starting to learn this I care about this. I love this. This makes sense. This feels right. It's it's just like any new show that you start And it's good dude pays off man And then you know you well until the last season of game of thrones, then you're like, well, why what the fuck Last season of game of thrones was like a like a blow up a blew up account Oh, bro last season the game of thrones was oh that was tragic Yeah, I do need a 401k channel for real like a long-term investing Uh 90% of my options trades are profitable dude cloudio. That's amazing and cloudio is having to run a life right now Um, it's great. I never scroll up. I saw a couple questions that people had in here about options Yeah Says do you use right there down more Bond's question. Do you use? Weekly or the next week expiration options? I use weekly Weekly if i'm day trading if i'm day trading. I use weekly if i'm swinging. I use monthly Well, joe you said it that's right If you're if you're day trading you want this current week But if you're swing trading you want the months because it wouldn't make sense to do a day trade two weeks from now When the expirations are so far that your premiums are worth dog shit, right? Exactly. Yeah, they're just not gonna move as much That's gonna be sure Yeah, do you want look dude? You want you guys got to take what you learned in stock trading and apply it to options if you do options You want liquidity. You want volatility. You want movement. You want an expected move You don't just buy an illiquid option to say oh, I think the stock price will go there if nobody gives a fuck There's no volume. There's no open interest. That's the thing that joe had to like Imprint in my head all the people that lose it options are the gamblers of like look dude I'm gonna throw a gamble in 10 different options because they're cheap and I think I it'll go there I'll make money. Well, nobody's into that dude. Even if it goes your way. Where's the where's the delta? Where's the money like you're not going to get the fluid move you do and because nobody's in those contracts and premiums It's fun. They're worthless dude if they pay you at all Yep, so yeah What I would recommend and people always ask this question should I should I start with options? Or should I start with small caps? It doesn't matter what market you start with it matters the process you start with The process is that analyzing a stock chart Means everything You don't need to trade in order to learn you need to learn to trade and the only way that you learn To trade is you learn the mic process of drawing lines How to properly do it and not and not do it the janky way like a lot of other places try to teach Do it the way that we teach, okay Learn these make watch lists for yourself like I do Put them post them somewhere write them in a journal Fucking put them in your diary tuck it under the other side of the bed, you know, whatever you want to do But you have to start with a process and then you start With whatever instrument you want to trade as long as you if you have a process that makes money It doesn't matter whether you trade forex crypto options futures stocks Commodities I I really don't it does not matter what you trade as long as there's a process Forex, huh That looks like so there's hope bro the the lines work in forex too Do they do I've never traded forex, but just for the fun of it I've drawn some lines in forex and I was like that's a line. That's a line. That's line And I'm just like went back and look I'm like bounced off my line touch my I'm like look at this shit fucking sexy Joe Joe in two months comes back to the next webinar. He's like, man. Fuck options, dude. I'm neck deep in this No, I will never bro. I will never go to forex I will never go to forex because what's the think about it the forex is the opposite of options Options the instrument is leveraged right what you're trading is leveraged. So there's more volatility forex Not leveraged at all But they give you the ability to leverage yourself Which is just like it's the opposite of what you want to do Like you have to put up more money On less money in order to make the tiniest fucking profit It's the opposite of what you want to do I want to spend less money in the trade and I want to make just as much as if not more on anybody else Dude, and here's the thing. Yeah, you are x moves in that small. No. Yeah, that's true and they call it pips It's so small that you have to use massive size to get any money out of it What I want to do bro is I want to use 400 bucks and I want to make a thousand dollars And you want to make 200 exactly dude. Yeah, I don't want to use 40 thousand dollars And make four dollars. Dude, and that's a lot of dude. That's what a lot of guys are doing there I mean half a twitter is like I risk That's so ass backwards bro So ass backwards all that does is pay the brokers that loan out that margin, right? That's all it does That's all it does and it's just I'm like, I'm fucking oh my god. This is good, dude It's Text two one three four And here's the thing dude, I don't know who puts themselves in fucking 24 seven market conditions As alex said dude is if it wasn't stressful enough just to trade what we do every single day and be professional day traders This is like who would succumb to a 24 seven hour market, dude Yeah, I would never sleep. That's why I don't trade cryptos because I'm a pair. I'm a paranoid motherfucker Like if I had some little bits trading in the middle of the fucking night And there was some kind of news across the world in china that affects bitcoin And all of a sudden I wake up at you know, five a.m. And i'm like What the fuck dude the last dude I would be getting no sleep Bro, the last thing you want to do is shit your trading diaper while you're asleep before you actually shit your trading diaper While you're trading in the morning Absolutely, I like just to summarize Summarize my my explanation is is That You need to learn the m.i.c. process most of the m.i.c. process is is um Is draw is is kind of was created around small caps But it's transformable to any market and so it doesn't matter where you start Like if you start in options, you absolutely have to know how the large cap stock trades itself So at the end of it all you're going to start in stocks If you don't understand how the stock trades you will never understand how to trade an option Right, and you will literally just buy illiquid cheap shit thinking you're going to get rich quick and then you die And so that yeah like joe This is also another thing I wanted to say guys one of the things that we teach you at m.i.c. Right is exactly what joe said we want to risk The least amount of money with the least amount of stress to make the most amount of money man That's the beauty of outer lines right so like every day We're drawing our levels this morning man. The only expected move I wanted out of this was this this is the expected move All this shit is like i'm gunning for the fences. I'm getting greedy This was on the watch list this morning of gevo dude outer lines were the nine level alex was saying this all morning That's the expected move. This didn't make it this totally made it, but it did it more Um in the immediate open, you know n d r a expect outer lines man You're risking a lot less than what you can theoretically make on the move down Right even outer lines on this one ask it like this is the shit that we teach every day man And then obl and I was telling people you know stay away all day the point is it's like Are you using a two million dollar account to make 50 grand or are you using like what joe was saying? Are you using a four hundred dollar position in options to flip for $1,200 man? Sometimes even like 700 percent moves and maybe maybe you get a $2,700 trade whatever I you know, I'm I'm even new to option so joe can definitely tell you better than that But the point is we do this in small caps as well guys whatever size you use we're willing to risk a little to make a lot This is our whole teaching. This is why we do what we do is to make sure you guys are safe Like that's what i'm trying to say here So with the options thing it's giving very small account guys the ability to now risk Tiny micro micro money and actually make decent money man imagine joe like how Because I know in small caps, but like obviously I'm more new to options What would you say dude? Is like the amount of money they would need in their account to start supplementing their income Maybe 50 to 100 bucks a day in options literally like what what do you think a good account size to do that would be $1,500 $1,500 did you Your income man, what do you guys make it a construction site 100 150 bucks a day and you work 14 hours Then your back is fucking broken by the end of it dude We're not telling you most people most people that try to like learn how to trade Most people most have 1,500 bucks to trade with Right, yeah, seriously most of them most have that money to trade Oh obio in death candle Oh, okay Is it offering let me see. Oh, that's what I wait for. Oh shit. I'm tempted. Oh nice Look at the volume on it. I'm tempted bro Yeah, we're gonna have to wrap up this webinar right now No No, I'm kidding, dude I don't chase this shit because guys look how far above vwap it is. That's a death candle. But dude, look at this Oh, Jesus. No, that's not it That's that's the waterfall bro. Look at this. Look at this. Yeah, this is a great explanation guys The death candle is through vwap You have you have twice the amount of distance to vwap, dude This these are long like bow just said committing suicide, but here's the thing, dude I still I'm not comfortable with it Like I wouldn't race into this or hit it on a pop right now because it's it's just no, I'm good, dude I'm good. Look how far above vwap it still is the size of the death candle That's still the room to get to vwap now if this went from 1054 to freaking 640 dude. I'm all in I'm fucking I'm closing this webinar. I'm chasing my balls off. I'm hitting pops But this is this could be a trap in the making dude Especially because we're in the last hour of the day. This could be a full on trap Don't get suckered man, but that is nasty Yeah trading obl and be like damn So the thing that I'm trying to say to you guys and I want to make this very clear because I like to say kind of like what our Look at that shit. Look at that. Look at that bounce right off the nine line It's crazy like right there dude right there all this consolidation like just boom right there saved it nine Let's see what it does But guys, here's the thing and I want to make this very clear because I always talk about the mc vision The mc process kind of what we're here to do I am not here to make you rich I am here to give you a fighting chance and through consistency. It is your job to make you rich I will teach you how to make a hundred dollars a day And then the hundred dollar a day blueprint goes to a thousand a thousand goes to ten thousand whatever The point is process inconsistency is the ability to get rich. I will never tell you oh, dude I'm here to get you rich. I'm here to make you rich No, dude, I am here to teach you how you can make yourself rich and that's why you know, joe and I get on Alex I love it any time like can you make me rich shit that I think alex is just copying testing my text messages to him. I'm like alex. I think you're good, dude Alex you're good, bro The point is guys is we're not alex and alex is alex will be like no, man I'm good when I'm I'm good when I'm talking about I'm when I'm having these webinars from a private jet That I own on my own duty that I own on my own landing strip alex is Now he's texting us. Can you make me rich bitch? What the fuck? Yeah The landing strip sounds nice. Oh, yeah, I know what yeah, I bet it does I bet it does we all know Save that for uh after the market close. Yeah, I'm sure you can find plenty of those in miami Oh, shit. That's a that's quite a thing in abizai here Look at this thing wick on nine, bro. Look at this thing wick on nine. I will literally I'm gonna I'm sorry, but I'm gonna laugh and I will openly laugh If this shit goes right back to highs and everybody just shorter than shit guys That's a whole and a half dollar number not only is a week. You guys can't be doing that Can't chase this Dude, I'll bet you this this totally looks like a trap dude. This looks like a short trap for sure Absolutely Oliver's like tomorrow, probably 20s. I'm like dude this shit for yaps off overnight. We'll see freaking 30 Come here comedy and training class Yeah, dude One day, uh, we'll do it. We'll do a video session. Joe will show you his assless chaps Dude, I'm telling you right now When when I see a guy, you know that reaches out to me is like he talks I got a 1500 account $1,500 account. What can I do? I want to trade big caps I go look man big caps might be a little bit of a stretch for you until you get more money Just because buying power truly is a roadblock for you, but that's why we got options, man We listen to you guys every single day. We listen to the general consensus of suggestions What you need how to make a community better and this is why I'm even trying to learn options and help Joe Dude, it's like I want to help you guys get to that level of supplemental income because maybe you don't resonate with small caps Maybe you don't resonate with big caps. Maybe that's going to be the underlying factor that gets you where you need to go in the markets, right? So in my opinion if you have If you have a small account, you're doomed in small caps I'm sorry. I'm gonna say it and it's probably bad publicity But you're doomed. I'm sorry. It's the reality. I honestly I have more interest in helping people Find the right market to trade with with their account size and their personality than I do about Getting more subscribers to mic. I don't care about that. I care about the people that are here already Growing from there and here's the point here's the point guys Like when it comes to small size like hey, toss I have a $2,000 account would mic benefit me Look, dude, I tell people all the time. Look, man, you might want to save up a little more for trading But that's trading you can come into mic, bro with an annual membership and learn everything for a year While you go grind at your job save 5k come back and dude by the time you have that money You have put in a full fucking education on how to trade Paper trade the whole time while you're building a real account and getting the money But you now have the education first and at the end of the day mic is a University, dude, this is like college of trading, bro So when it comes to learning material and learning how to make a full-time living Or even practicing on a paper account with real traders doing this man side by side and guiding you And helping you with your training wheels on that is absolutely priceless And you know, so like when someone comes to me and they're like, dude, I've got $2,000 to my name I'll come to mic when I have more money. I gotta trade this. I'm like, bro that's like that's like It's just the most backwards thinking in the world You're gonna go gamble that money away then when you have no money come ask us for help in education It's like dude, do you know how many people over the years Have joined a service that bow has warned them about Lose all their money. It's said service then have no money and come back to bow and say, can you help me? Can you educate me? It's like, what the fuck man? We're nice guys. Yeah It's that's that's what That's what I've tried to um That's what I'm trying to say is it like bow just said there the process is similar for small caps options um And large caps The point Is that it does not matter how much money you have Don't not join m. I see because of how much money you have or don't have The purpose is to join and learn a process because I don't care if you have a hundred thousand dollar account or a hundred dollar account If you have no process you might as well just donate that account to a charity because then at least it'll go to a fucking good cause Yeah, you might you're about to determine that regard You're about to donate it to the market if you do not have a process you're about to donate it to the market Yep, it does not matter what you trade whether small caps options large caps. I don't care equity stock futures commodities I don't care. It doesn't the crypto. I don't care if you don't have a process You have no process whatsoever You just just take that account And just hand it over to somebody that's gonna make good use of it You know like an animal shelter, dude, I'm gonna tell you right now. Yeah, seriously man Just light the hundred thousand dollars on a youtube video on fire and actually get a million people watching It's like dude get something I mean you might get yeah, you get the affiliate ads, you know, you could do something with it But I mean youtube revenue Yeah, I mean but that that's the purpose is you got to know the process It doesn't matter whether you trade small larger options. It doesn't matter. It doesn't matter It's all about how you analyze You analyze a stock chart how you analyze a stock chart is everything guys once you have the proper lines It doesn't matter what you trade small Caps trade small caps all you want if you want to trade options trade options all you want guys This is why every single day man We draw our lines and 75 percent hit perfectly 25 percent don't we narrow down the ones We like the process the outer lines the death lines the first bounce like dude This is what process looks like in fact my charts look almost identical every single day for those who know My specific process which falls under the category of the m-i-c umbrella process of outer lines pivot points Broken stocks get weaker strong stocks get stronger the reason why basically none of us traded on the short side OBL end today is because dude this was the strongest one saying don't fucking short it This was the long opportunity while all of these schmucks got slaughtered after the tops were in That's the and if you shorted OBL in today shame on you Shame on you. Well guys. I have I have I have a question for those that shorted out OBL in today Are you a member of m-i-c? No, I asked them how dare you How dare you How dare you I because the point is is that if you're a member of m-i-c Alex warned about this at the open. He says I'm not focused on this stock. I am not focused on this stock I am not focused on OBL. Maybe 13 times. He said it But I guarantee you there's still people in here that tried to short it And lost money and the only reason why they tried to short it is because they were like fuck I already located chairs, but now Alex is telling me to avoid it I've only got one stock to trade today. I'm already I don't want to waste the money. Yeah, I've already don't want to mace the money. I gotta make a trade I gotta find something. I gotta get my money back And I mean yeah Go ahead and just smack yourself dude in the morning. What did I say all morning? I said this is not a stock, dude That is either a broken or has the kind of meat that I want to see on the proverbial You know steak bone, right? Like you want meat or you need a death candle to fucking slam No death candles. Just a nice stuff candle. I stayed away from stayed away from a teeter around VWAP Of course hovers makes love to VWAP making out. Boom. This is your tell volume comes in matches the open Oh, shit. Now you're really in trouble. Dude. This is not something you want to short not enough meat holds hugs VWAP volume comes in breaks pre-market high of day That is the final fucking like test of dude is not short and then bingo Off to the races you dumb you dumb you dumb uneducated if you shorted this all day So again guys, we are blunt. We're blunt because we actually want you to succeed We never ever take any kind of joy or satisfaction in one side losing money Dude, we are a trader. We are a trading community based on half longs and half shorts Meaning I take joy in the other side losing money if I'm on the other side No one ever takes joy of when one side loses money. We give it time If this is a long I'm not wanting harry to lose so I can bank on short I'm letting him have his time in the sun until maybe I get a death candle, you know through VWAP and now it's my time That's the whole point guys or On all the broken ones If me and harry entered at the exact same time I would absolutely want him to lose money if I was short and he was long I would absolutely want to lose money. I'm sorry At the exact same average Yeah, that's what I'm saying. Yeah, but there's time The point is the point is When you have process both sides can prosper That's the beauty of what process is and that's the beauty of actually understanding a stock chart versus just having a private agenda of I'm accumulating accumulating accumulating a long position. I want all these freaking shorts to lose those freaking losers I'm gonna squeeze them all that's not dude. That's not that's not what real trading is, man Now Oh my god, I just went deaf Was that loud I couldn't tell that was super fucking loud My bad All good, uh laser wants to talk pot stocks. What you got? Uh real quick real quick before we talk about this What's funny? What's funny to me is obl in right is up like what like 300 percent today? Uh something like that 400. Oh, yeah Jesus Christ 482 Yeah, this happens like once a week in options Joe this happens like once 200 I get 700 once a week Bro, it's it dude it Nobody has faith in longing these setups because we all know where they go back But large caps you get this same type of big volatility And it's a real fucking company that you can long and have faith in correct Like netflix today you could have bought the auctions as low as a dollar. You're probably not gonna get it Let's say you bought them Even if it let's say you did buy them at a dollar just to just to make it really drastic right one remember They are now trading at six bucks Guys you have to and you have to understand three to four four to five five It's a 500 move. Well, and joe let's let's really like explain this what this is for people who are just truly don't understand guys Let me represent trading netflix today That's 500 intraday not overnight. That's 500 intraday. I mean joe. Let's go to the absolute basis guys This is the option and the premium that you're trading of netflix. This is like trading netflix today But it's two and four and seven dollars. That's what we're trying to say to you guys You're trading netflix through this Yep Like and so it's it's just an instrument. You just use this instrument to profit The same way you would profit from a stock chart You use this instrument to trade that and get the bigger gains In risking less money. How sick is that man? It's and so it that's what that's what Yeah, so Yeah, seriously Um, so do you guys have any small cap questions? We can delve into small caps We can delve into whatever you guys want. We just kind of want to introduce options today because it's something It's just it's unbelievable, man But let's let's talk you guys have any questions about small caps for a random day like I mean, let's let's think about let's think about oblin too. What's the lessons on oblin the same fucking thing We've talked about 8 000 times. No, that's my point How many times have we regurgitated the lessons that oblin is teaching us today? This a fucking for two years. We talked about oblin lessons Oh, by the way, we talked about this fucking shit for two years by the way guys like At this moment People thought a top was in there like no way this will break high day did at this moment people shorts chase and didn't uh Where are we right now? We're on a dip that could do the same That's why you don't just enter like an idiot and have no plan of attack It just held that nine line after this stuff candle. It's still holding so again, man We teach you this dude. There are ways to stay safe. Can you get a trade out of this? Sure But what's your odds of success dude? It's the last hour of the day Which is never good for shorting you're placing a short trade right here on what could be It can solidate a dip before longs just come in Bring the volume up through the roof that matches these levels then you're off to the races to 15 Gap up after hours 20 and you wake up tomorrow And as Oliver said you're at 30 dollars and you just wanted to get a nice scalp From nine to eight and you're a bag holder and you blew up your account Welcome to the dangers of anything, but most importantly fighting trend if we teach you one m. I see you don't fucking fight trend, man Uh Givo want to want to I'm just glad I get a chance to finally use these videos in my trading themes Yeah, for real So look at Givo. Givo. Givo Givo This is what uh, this is this was my lines this morning. What are we? Here, what are we talking about here real quick real quick? Givo on the short side before we do I can't remember. Yep. Oh, hello from the watch list this morning from alex This had an offering as well, but notice the shorter pop So I will be looking towards nine to shorty pop towards nine if we get it on an ssr bounce For those who are not familiar with which me and joe regurgitate every single day When a stock opens up or above or just below and kind of hugging vwap on the open You got to use outer lines. What are outer lines where the previous tops were hey Hole in half dollar number coupling factor boom Maybe this is the top line that you'd want to risk I don't know if you'd want to risk a full dollar But this is the scale zone and by the way nine coincides with this previous top and guess what we get in the morning Off the watch list like every single day that can pay your membership in a nutshell a pop to the outer line of nine Fail break into nearly eight and that's it base hits every single day dude. That's your expected move So the guy that wanted us to review that what happened in your trade What happened? Oh, that's a great. Yeah, that's a great. Yeah, let's that's great Why why was it a loss? What what turned what what made that a loss compared to the rest? Uh, yeah, tin. Let us know man. I got in early too early. Okay Okay, well there there. I mean there's your answer right there. You gotta you gotta check your discipline if you like to say in the nine line It's nine line Tin i'm not sure if you're reading these every single morning But and not to single you out brother just anybody who's not reading these in the morning or watching the video that sometimes accompanies this Dude, I mean it was bro. It was we laid it out, bro Yep, it was the nine line. It's it's right there and it's not I mean I mean you openly said I lost on it and hey, that's fine If you can openly say I took a loss on this you are absolutely One step closer to being a profitable trader if you can be a real Yeah, if you can be real with yourself and not get offended but by some current by some constructive criticism Maybe it can sound a little harsh, but I mean if you don't Uh, never mind. I'm not gonna. So that I'll give a good comparison. I'll give a good comparison Joe, let me give a good comparison and put myself on the chalk chopping block Dude, I called up joe the other day and he did a 50 minute screen share with me because I'm like, bro I just watched your first four episodes of boot camp Obviously, I don't know much about options. Can I ask you every single question in the book? But here's the here's the benefit. I'm a beginner in options But also I have seven years of small cap and big cap You know price action knowledge and I know how to trade those and I do those well So the point is it's going to be a lot easier for me because I have the foundation of how a stock moves Which that really is the first part. But dude, you have to understand. I'm even admit I'm sucking up my ego and going dude I may have to do just one contract for a month while I learn options because it's actually a very different language And even the executions are very different while I get up to speed again Everything is the elimination of ego, man. I'm not a big options player yet I'm a small cap trader a big cap trader and a swing trader in more of an investing style when it comes to indexes But dude, I'm new to options I have to suck up my ego and I got on the phone with Joe the other day. I said, teach me young I'll be your panel one man. Fucking teach me dog That's the whole point, man So Givo the I want my ego sucked So Givo all the the Lesson here in your trade 10 is is the Is the lack of discipline in the trade and not waiting for the lines, which is you can fix you can fix I mean, it's it's this recognition that I got in early. Okay, fine. Don't do it on the next trade. You know, you know now Hey You know, that's the only way you learn is you is you have to lose Well, you know what is at this point at this point 10 if you knew the lineman, it's literally bro It's just displaying we always say all the time to be a successful profitable profitable profitable more so than successful Just just the the the idea that I'm a profitable trader bro. It takes discipline We're not the smartest guys in the world But we know nine is the line because this has come down big it needs a nice jump. It's opening on VWAP That's the whole and half dollar number. You shouldn't be getting in here right here, bro That is a FOMO trade. It's got to come up to this resistance point this the volume It's stuck right here. So you've got to wait for that man. You got to wait for that, bro Yep And this trade honestly probably would have been kind of hard because if you Yes, the pivots are the oh my god. Look at that pivot point By the way, this is 10 if you're having any trouble, bro Like just not to single you out man. Just anybody if you're having any trouble with discipline, man Or forming your own opinion. I'm saying like dude use alex's watch this as a guy, but where's the pivot, bro? On day two low hangers you use pivot lines. Where's the pivot boom? That just solidifies your nine line. Yeah, and I didn't even look at pivots today, dude That's how much it solidifies your nine line. Like I literally that's the first time I saw the pivots today This trade honestly would have probably been kind of hard to to like easily do because When you hit the nine line, you're going to be probably shorting it at like 897 something like that but You know where where do you stop out in this case? That's the question you have to ask yourself for me um I don't really see a clear stop until 10 Yep, that's what I was saying gel. So I always give myself to the next top. I give top. Yeah, these were the ping pong tops I would have had to size in on this Like at nine with the understanding that it could go to 10 and now look at look at the closer On the intraday level. Sorry bud one sec. All good And like look at when it pops into nine And you'll see this When it pops into nine Then you get the big wick on the uh the first pop into nine Some of this right there. Yeah. Yeah. Yeah. Yep. Yep. So when you short it into that nine bucks Right there And you get that big wick on the next candle that the dip gets bought up If you haven't taken anything off I mean, you're gonna panic Because it's gonna squeeze to a new it's squeezing to a new high of the day and you're like shit I'm gonna have to stop out full size and not know where I'm gonna get in. I don't know what I'm gonna do So if you didn't take anything off on that dip Um and the dip's not that big. What is it like 10 cents? Yeah, you make like 10 cents um 10 cents on a nine dollar stock is I mean that's kind of shitty But I mean just to be 100 with you, but 10 cents is 10 cents if you can easily make 10 cents so I can take it um but the the The point I'm trying to make is if it breaks to a new high of the day like that And I've sized in with the understanding that hey, I'm I can I can take this size Up to 10 bucks and I can lose that dollar and be okay with it But once it shows its hand and it shows this stuff You see the stuff move it breaks to the new high of the day and gets stuffed right there That's when you got to whack it You got to whack it right there and you got to move your stop down to a new high of the day super tight stop then Super tight stop and you got to whack it And then and then your goal is bwap to cover it It's actually so Yeah, the the initial trade is like I've got a super fucking wide stop so God damn bell And so um Yeah, the the stuff moved back into that that's when you have to that's when you have to size in You have to get rid of the dollar risk and then you have to size into the trade At that point and tighten the stop loss and then your risk reward vastly improves Because people are going to be like well when you initially get into a trade buying you risk in the dollar that sounds like terrible risk reward That doesn't mean i'm going to have a fucking dollar worth of risk the entire trade Like i'm just sizing in in the beginning to get an entry And then I let the chart form While still keeping my risk intact bingo bingo any more questions guys Any more question is oh did somebody say uh, what was the other one c lbs somebody asked lbs so clbs again again, man In the morning. I drew my outer lines, right? This is what I do every so much. Where's top top top top Here's my scale zone. I only want this dude When you're not gonna be a land taking when you get your base hit, bro You got to take it. This is the expected move you get like one to two of these a day per ticker if that man And it's usually one so this is the outer line cover the v-wap drop like joe just said when you see exactly bro So here's the thing When you uh nice bow very nice Um, then when you get too greeny this happens a lot man, and we are in a market where things zombie, man So after that expected move, bro, you are at risk for getting totally squeezed because we're in a market Where a lot of volume is coming in and remember i'll give it i'll give a nugget away real quick, but for those who are listening you're lucky What did me and harry talk about all the time, but harry simplified it so perfectly this week There's not much volume pre-market. You know what that means It's a little bit fake fake quote-unquote fake bro. Oh my god spy all-time highs Fuck me. So this is this is a little bit fake broken guys So when you have a little bit fake broken with not much uh pre-market volume You have to use outer lines man because if these things really get traction This is why they break and fucking go dude. So if i'm shorting anywhere in here I'm covering for that base hit and that's all I want dude Joe let's check let's take a look at your your watch list real quick really quick on clbs before we do that If you don't understand volume Me and tasha talked about this a million times and harry's talked about this If you if you don't understand volume or how to read it um Look at this when it is pre-market. What is it doing? Fucking what do we call that king paul? What do we call that? It's a 50 50 vwap. Yep move There's no edge. There's no edge here There is absolutely no edge here and so it's It means You know you you can't fucking you can't take this trade It means the only trade that you have that is borderline Comfortable is an outer line, but brother if you get that outer line you better be covering for the expected move base hit That's about it. You got to be super quick. You got to be super quick. This is what happens. This is what happens You go. Oh dude. Okay boom now. It's under vwap right here wick boom reclaim. You're done while you're trying to get greedy and ride This to three You got to be like bow in the bedroom minute, man You got to be a they didn't they didn't just have minute men in the revolutionary war Dude two pumps and you're out man strike one strike two and out of the ball game, bro All right, where we at joe. Let's talk about your watch list every single day, buddy Um, I mean, what do you want to talk about? I mean, you know those those are the lines I just every day I put out a watch list. Okay, sir Yeah, every day I put out a watch list for large caps and those are the lines and whether you trade Where do you trade equity or whether you trade? options To trade those lines. That's all that matters. And so this morning I said Netflix over 576 Is a big continuation trade Um, it stuffed it It stuffed 576 at the open once it had that rally But it you know consolidated for the rest of the day and then finally made the move I didn't catch any of the rest of the move. I just caught the open. So But then it was plug So plug was a scalp trade Um, this is like a first bounce. So if you draw a line at 64 one second So if you bought the dip to 64 right off the open it bounces From 64 up to like 65 50 in you know Minutes and so that's a dollar and a half straight out of the gate. And then you're done Uh, what's SPCE doing? Space? Let's take a look Fucking 31 line. Look at that shit. Look at that shit, bro. Look at that shit. Look at 31 Look at 31 at the bottom crazy right there 31 fucking 31 31 and we're all the way up here 32 30 now by the way guys potential long 31 30 50 And then all of these are long trades Yeah, exactly. Put the pivots on and fucking look at it. I mean, why did I choose why did I choose 30 50? Well, look where the s1 pivot is. I mean, it's just it fucking goes right with it so lack lac This this company they they had a big move yesterday and then they fucking wrote a proposed offering right into it For $22 their proposed pricing is $22 a share. So I said I would avoid this until we get some further news So like I I didn't want to take this as a long. I didn't want to take it as a short I just I just wanted to avoid it But I put it on there because it was a big percent gainer yesterday And so I knew a lot of people were probably going to be watching it Uh, but for me it was a no trade. Uh, what gm do? GM had a bunch of upgrades So I said 54 and 52 Line never touched. So no trade And so good he's gonna touch And then pltr last one and you love pltr. I fucking love pltr. I really do look at this 26 line, bro Look at this fucking 26 baby. Where's the pivot shit? Look at this shit Why do you think we said it's actually worked better in big caps, dude And like pltr, you know the pivot point at 26 It not helps everything, but you know, the first line was 26 50 So right off of the bat if you draw a line at 26 50 If you draw a line at 26 50 You can see the first time that 26 50 is touched right at the open on that washout It bounces from 26 50 to 27 boom 50 cents right out of the gate And you got to be selling into vwap and selling into the mid I mean, this this is that scalping 101. It's taking the quick Profits off of the bounces of these lines and dude in a matter of I mean minutes You've made three you've made three or four dollars a share on A combination of three or four different stocks I mean you do that with a hundred shares in each trade and you've made three four hundred bucks easy Dude take my money. That's compounding gains. That's compounding gains. Now if you use options I mean you could do you could use even less capital and make the same if not more money Yeah, the options are probably trading at two and four dollars dude not 27 Yeah, and again, I'm just using options as it as as as as just as an instrument that I yeah I just use that to trade the underlying stock only reason is because they're leveraged and I want to make bigger profits on a smaller move So that that's all I'm doing. I'm not I'm not overly focused on you know, it's an option It's an option. I've got to worry about expiration. I will never let that ship run the expiration I'm going to flip it in I'm going to I'm going to imagine like when in the office when Dwight bought Andy's exterra for you know, like seven grand and then turned around the same day and flipped it for 10 grand Like that's what I do with in with options every single day. It wasn't that I wanted to own an exterra I wanted to flip the exterra. I don't want to own these fucking shares. I don't want to own these fucking options I want to flip them for a higher price in today Well, and that's and that's got that's why guys we say, you know with otc is like the way options trade or even small caps You don't invest in companies like this, dude This is not buying the spy that pays you dividends for the next 30 years and goes up with 10 appreciation on an average return We're not talking about really good companies. We're not talking about google We're talking about vessels, man You don't invest because of decays and things like that or it's just like otc's or small caps, man You're not investing for the long haul. You're using them for the price action that they provide So you're flipping the premiums just like your dude when harry haas Is probably all over obln first bounce and stuff He's not looking to ride this for the next 10 years. He's like, dude. I think this is a very strong stock I can get an expected move to the upside on bounces. Wow. That was actually That was actually a nice little nine fail right there. Let's see what this does But um, the point is is it's just like it's just like trading in security But if there's going to be many many many different kind of pros, especially if you're a small You know account small guy. You're just getting your beak wet and it's just again, man. There's options within options There's just ways to do everything What do I think of ba? What do I think of bowing? What do you think of that? I have no opinion on that bro. It's just train the lines draw your lines draw your lines draw your lines Draw your lines. How much is that? Look at this ceiling of a resistance pivot. Jeez. Yeah I mean you got to draw your lines. You can't ask me a question About what I think about it. You gotta draw your lines. Yep. I've no I have no opinion on bowing no opinion on bowing because It just doesn't even it doesn't matter Draw your lines and follow your lines and that's it guys the first the first part of becoming a trader of any sort Especially a professional trader or somebody that really wants to do this for a living supplement income You know make a full-time living is you got to understand what a process is and then you got to trust it, man So once you have one I mean this game is about told me a long time ago. I never forgot it, man This game is as much art as it is a science, man If you're feeling like you really got to stay away from the stock Sometimes you actually have to really trust that man like you have to trust your process so much comes down to Dude, I knew that was the line. I should have taken the line. Why didn't I do it? Well, because bro, you didn't have confidence in the line You need to trust your process once you have one and then once you have You know risk management set in place with hard stops that kind of automate how much you can lose Bro, you're off to the races and then you just scale up your skills and scale up your positions If you see a level of consistency, that's really good or time frames But again, man, it starts with the art form of process Do you even have one get a process and then really, you know, I've actually Joe I've been telling a lot of people this lately For anybody because you know every now and then we'll get someone who totally understands process But dude, they're really scared and I said, dude, you don't need to read any more trading books You know what you need to fucking read a fearless book a book on overcoming fear that has nothing to do with trading You know, actually have to listen to podcasts and read something that it will combat fear, dude And learn how to trust the universe your lines your job your spouse like these things are going to show up in mirroring your trading, man Yep, awesome. So bond says I see the 200 line for Boeing Perfect. It's a whole dollar. It's a potential support. So what is your plan now? What's your plan for Boeing? What are you going to do? Are you going to trade it at these levels way above your line? Or are you going to wait for your line? Yep, are you going to keep like what we're telling Tim, you know, once you know, are you going to keep going on watch Are you going to keep Boeing on watch for several weeks now and when it touches the 200 line, you're going to buy the dip Or are you going to draw a 200 line right now and then just because it's trading over support You want to start buying all these little higher lows and scalping these little trades or are you going to wait for your line? Dude, what are you going to do with a plan to be the genius without a plan bro? Absolutely 210 is a new line Is 210 a line? I don't know is 210 a line You have to have no idea You have to figure out what line works with your process That would not be a line for me because I don't trade Boeing. You know what I mean? Like that's not the thing that I look for right Go to the daily chart Look at like a six month Look at a six month. Let's see what I got. I got a year for you That's fine Hey, let me take off 220. Let me take off the pivots Oops one sec. Oh good. There we go pivots gone um 200 200 comes out big time. Yeah, I don't see I don't see 210 and here's why I don't see 210 I'm gonna point this out here. I'll just draw it for the sake of the argument 210 there you go. Yeah for the sake, I mean I can kind of see it a little bit there But the reason I don't like 210 is because is Is the margin set by 10 over here? Nope, are they going by 10 or are they going by 20 when you zoom in they're going by 10 So you have to use it on a smaller time frame and your and your plan is going to change based on that so It it matters What it what so I always go to a one-year chart because I feel like that gives me the best like big picture There you go. And then I just look at the margins. Yep 20 so 180 200 to 20 to 40 to 60 to 80 Yeah, so that means that's where I'm going to draw my lines. I'm going to be like, all right, you know 200 I see the 200 line clears day at 200 to 240. So big picture. We're stuck in a channel between 200 to 240 Been with m. I see for a month down green every day But one Understand the line set hard stops. Not only does m. I see teach a process. They support you every step of the way the real deal Thank you. I mean what more can be said like seriously? What more can be said about that? That's a real testimonial That's that's that's awesome Like what more keep this freaking awesome And by the way, girl straight two man So come on in You don't just have to be a dude. I know it outweighs like there's like 90% of traders in this industry if you like, dude so Women can trade too, man Why Q gap to big today? All right Let's take a look Oh Oh, that's yeah, that's not a gap. That's just a big squeeze. So I mean I mean, but that's great volatility to be able to trade for sure Yeah, I would be like, but yeah, not a gap up here Just a squeezer. Yeah, just a squeeze. So it's just like a pr squeeze I mean, but you can you can draw your lines. Absolutely off of that. So if you see that big squeeze at the open Start start drawing your lines and buy the higher lows And if you guys make it really simple on yourself do do pivots if you need to and the first pivot I see is if this came back down to uh, 1341 that's probably where I'd looked along Yeah, because it's 1340 or something. I would have said 1350 Exactly Yeah, buy that buy that back to 1350. Um, you probably didn't get it and So look at a one year chart And then I mean, I I don't I mean it's a recent IPO. The only other line I see is like Is like 1515 Why I've been looking at sell, dude is is like right here at this 20 man If I was long this from like say like an investor standpoint like I don't know if I can you know I get an entry at 14 or something. I'm a real big swing trader like Claudio, dude I'd be looking to take I'd be looking to take off a lot right here, man This these are very important. These are previous tops, man. This is a very important general area 20 and 21 Yeah, I agree Yeah, so yeah with yq with those with those moves. I mean you absolutely you you can You can trade these types of trades intraday, but You gotta you gotta once you see it come on a scan you gotta start drawing your lines Yeah, and that's the only way to do it You gotta take a moment draw your lines if you missed the trade you missed the trade But it's better prepared than unprepared and right, you know I'd rather be prepared and take a loss than unprepared and take a loss and be pissed that I took my trade It'll prepare dude because the thing is the thing is you guys could theoretically find a line on anything If you're forced your if you forced your eyes, dude, you're like there's a line somewhere in this It's up. It's on news guys You gotta do what's in process man The reason why my charts look the same every fucking day dude or bows or alex's or joe's Is because it is an expected move that we want or an expected You know pattern that just plays out and out and out So you gotta do that, you know, not just because something's up like oh man I could find a line in this somewhere like it's not about like being a scavenger It's about really, you know preparing for battle and being like oh dude Like I mean I see this four times a week, you know, I mean like like what was the what like evo that was the example You know, I see this more times a week if it reaches nine, dude It's got a really good chance to fail at this top and if I because you know, it's got a lot of range Like we teach you got a size down and say look I'm willing to start in here and then go up to well I go to the next top so you guys can go where do you want or like what harry talks about like a little bit of a Niche so if you're not willing to go up to the huge top, there's like a little break in Price action right here that you could probably use right so again scaling and size is going to be more On you to back test and figure out what you're comfortable with but when it comes to the lines Man, we show you the points of interest in the levels that you need to fucking pay attention to Absolutely bingo Holy shit, dude, I feel I why don't I feel like oh, you know why because I'm wrapping up these tutorials much quicker I was like damn, dude. I feel like we've been talking for three hours We've been talking for about an hour and a half. That's crazy, bro. That's crazy Yeah, been to any time man. I mean every single week dude, we're trying to get you guys better and man and and anybody that's looking into m I see we're trying to show you why m I see will be beneficial for you because again It's not our agenda or the way we trade stocks guys We teach you how to trade From the only perspective are you trading the chart or are you trading your p and l or own bias? Bro, we don't have biases at m I see if you're a shorter long trader Trade the fucking lines you trade the chart the chart should be telling you where you should go long And the chart should be screaming at you where you should go short because there's a ceiling or et cetera, et cetera, man Stop Clouding all your trading with your own ego or bias or what you think the sec filings are gonna do It's all on the chart man OBL end today was a perfect long dude It just was not screaming at anybody to short this and it's still fucking holding Look at it. It's like hold on man. We're gonna squeeze to 30 tomorrow This is I mean it I just I Entosh said it and it's it it's so it's so clear, but The fact that it's so incredibly far away from d-wap It just tells you that the dips are gonna get bought a lot more than the pops are gonna get short Joe, it's the same distance of the death candle. That's why you don't hit a death candle like the look at this dude Massive it's the same length of this massive candle that by the way Had a bottom wick which usually is the sign of a reversal because wicks are only panic and you guys need to know that So for for the 10,000 vms I get a week on he talked why do you like three minute charts is because I can simply simply simply see Death candles very quickly or big rejection candles, which this is Look at that fucking south park And that's why we're gonna go to 30 And I can already tell you right now what my mouth's shorting. He's shorting 10 and then 10 50 No, 100% uh chris fur. They shorten the box to 10 and 10 50. Yes, brother. I don't short merger He's like i'm not shorting shit anymore That was like I was like I can milk this last eight minutes. Just hold my beer I know right And he's like no chance No chance dude. I'm telling you man. None of this is recommendation buy and sell guys If you want to see what trading is like at m i c if you got one thing from this webinar Dude come be a member man I mean the the level of content the level of golden nuggets that we have and you have to understand this bro Let me go back to let me go back to this How fucking cool is this dude this whole webinar that hopefully you guys learned some really cool stuff is two people We have a 15 to 20 person now with our junior mods, dude We got fucking we got so many moderators with different perspectives harry's videos james's videos a low hot dude Like you guys don't even understand how much resources you have here, man. This is just me and joe today We run this shit So guys i'm gonna end with this if you feel like you're stumbling in the trading and you are already a member You're gonna want to get the accelerator course and look dude. I'm running some promos, man Where i'm gonna i'm gonna i'm not gonna throw it in free with annual but dude just text me man I'm gonna hook you up with an annual and accelerator course kind of bundle deal if you're not a member You got to text me forex though for that one text me for those For those that were asking where do I start small caps large caps or options? You start in a market you start with the accelerator you start with this guy This is going to show you how a stock moves joe is going to teach everything Dude it's not it's not I need to figure out how to nail this trade you need to figure out how stocks move brother Yes, that's how it starts. So guys, this is going to be your best start if you want You know what, dude? I'll actually do something for you today, man I'm serious. I will do something for you if you guys want like maybe like I can even do a bundle deal I'll figure this out with alex, but if you guys want like a month of m. I see and a discounted accelerator kind of combo I'll talk with alex and see if we can maybe do something in that regard But i'm telling you guys man get a month of m. I see get the accelerator course and you guys are going to see the potential, dude it's an Code whacker or code forex today text my line and we'll get you situated man. We'll get you in the club Any or man, I gotta run any reminder. Shit. I gotta grow my facial hair out again Like a baby's bottom right now, dude All right, I gotta head out. We'll see you later. You guys are awesome. Joe's gotta go grill I gotta go sleep. You guys are freaking awesome. Dude text my line. I'll get you in before a trader now I gotta go nap game. I'm dead later guys