 now. Alright, so first of all today is my birthday. I turned 25 years old today. It's crazy how time's flying. Everyone says I'm still so young and I still have so much time but I feel like a grandpa. It's kind of weird how that all works but so you know on birthdays I it's kind of crazy or weird to say but I don't really like to celebrate my birthday. I don't like being kind of center of attention. I don't like being the person that everyone's kind of always watching and stuff like that. So every time on birthdays I don't like to really party too hard. I don't like to kind of do anything crazy. I like to just kind of have a subtle dinner and relax and you know spend time with my family. I don't really get gifts on my birthday. I tell people that I don't want anything. I tell people that I have enough and that I don't need someone to kind of spend money on me or spend anything on me because you know people are kind of less fortunate than me. So I don't I feel it makes me feel uncomfortable when people get me gifts on my birthday. So I always tell people not to get me gifts. So that's kind of how my birthday has been. My birthday has been no gifts. No partying. No celebrating. Just kind of relaxing and now maybe that's good. Maybe that's bad. I don't know but I want to kind of do something different this time. I want to kind of change it up. So rather than me getting a gift for my birthday rather than me kind of being spoiled on my birthday I want to kind of spoil one person. So here's kind of what I came up with. So this is kind of what I came up with. What I'm going to do is for the month of September right my birthday is September 9th. We're in the month of September. I want to do a giveaway. The type of giveaway I want to do is kind of really simple. So what we're going to do is if you joined MIC actually let me let me walk away from this guy cutting some stuff. They're cutting something. Anyway so this is kind of the giveaway that I'm going to do. If you joined MIC in the month of September you're going to be entered into a contest and the contest is going to work like this. If you joined MIC monthly you get one entry. If you joined MIC annual you get five entries. If you joined MIC lifetime you get 10 entries. And entries for what? So what I'm going to do is for my birthday the giveaway is that I'm going to pick one person that signs up for MIC in the month of September and I'm going to fly to wherever in the world they are and I am going to take them out for the best steak dinner that that country or that steak has to offer and we'll kind of spend the night together and dinner. So something that I really enjoy is I really love steak. Steak is my favorite food on the planet and I really like kind of meeting people. So I said rather than you know me spoiling myself with a gift let me try to spoil someone else on my birthday. So that's kind of the game plan. So the way it's going to work is again if you joined MIC in the month of September if you joined monthly you get one entry. If you joined annual you get five entries. If you get lifetime it's 10 entries. So obviously getting a lifetime membership gives you higher odds of you know being the winner but I think this is kind of a cool and innovative idea to kind of try to meet some people. So the winner is probably going to be announced on October 1st so you have the entire month of September. It doesn't matter if you sign up the first day it doesn't matter if you sign up the last day but you're going to be in the running and if you're in Hawaii if you're in California if you're in Texas if you're in Italy if you're in Jamaica I don't care what it is I will fly to you and I will take you out there. So it's kind of the perfect opportunity to sit down one-on-one with a trader who's made you know over seven figures in the market and to kind of really pick my brain ask me any question you want hang out and then you know while we're doing that we're going to enjoy an amazing piece of steak. So I mean I don't really see anyone else going out of their way to meet their members yeah they're all kind of really doing it now because you know we started and they kind of see that you know growing the community is more important than you know growing their followers on social media so I thought this was kind of a cool way to kind of give back to someone that joins the community someone that joins MIC and for me it sounds fun to kind of just travel meet people and take them out to dinner so again sign up for monthly in the month of September you get one entry sign up for annual you get five entries sign up for lifetime you get 10 entries so obviously if you sign up for lifetime you have a better odds of winning but again the giveaway is going to be announced on October 1st the winner so you have the entire month of September to sign up and you know if you have any questions or you have any concerns or you are curious about how this is all going to work just let me know DM me message me chat with me but this is kind of open to everyone this is going to be a random giveaway but the way it works is you have more entries to win if you kind of get a bigger tier thing so that's it I mean I love steak I love meeting people and I think this is kind of a cool and innovative way to kind of do something because you know at the end of the day if you see during Labor Day or everyone's having these sales and these 30 percent sales and 40 percent sales and discounting their product and discounting their prices you know rather than us discounting our prices we said fuck it we'll throw a giveaway instead let's make it something cool let's make it something innovative and you know if it all works out and people actually like the idea you know the next idea that we're going to do is a similar giveaway where you get to go party without you get to go hang out with him maybe drive one of his lambos around or whatever the hell it is but uh the truth of the matter is is we kind of want to be different than everyone else we don't want to be the people that kind of do sales every month we don't want to be the people that um don't care about meeting their members we don't care I mean we don't want to seem like we don't care about our community so this is kind of like a cool way to get people excited because you know if I had the opportunity to meet a mentor a trading mentor that's made over some figures in the market uh and he's taking me out to a steak dinner I mean I would do everything in my power to be able to kind of do that so I mean what's MIC MIC is five dollars a day so if you spend five dollars a day you'll have the opportunity to meet someone that's made over seven figures in the market and to pick their brain it is a no brainer it is a no brainer and if you don't get picked you still have MIC for the full month the full year or the lifetime so it kind of already pays for itself right so it makes sense to me I don't know what you guys think about it but that's kind of going to be the uh the plan so starting again we're in the month of September already so the people that signed the before this uh before this youtube live are already in the running as well um so now anyone that signs up after this is going to be in the running so again let me know if you have any questions let me know what you guys think um they I'm not gonna pick any favorites it's gonna be completely random just like last time when we gave Trevor a lifetime membership we picked someone at random so anyway that's how it's gonna work so uh yeah just to repeat for anyone that kind of got in late the giveaway is that if you join MIC monthly you get one tree you join MIC annual you get five entries join MIC lifetime you get 10 entries and if you win I will fly to wherever in the world you are on my own dime I will take you out to the best steak dinner in that country or in that state on my dime and you could ask me whatever questions you want until the end of the night and that's it so that's that let me kind of talk about uh some trading today so coming into the morning coming into the morning I think NTGN was a low hanging fruit I really want to short that on a pop towards 350 oh we never really got it so I had kind of two plans on that stock my first plan was if it kind of goes to 350 or 360 and rejects that's where I'm going to short it but if the stock kind of goes red I'm comfortable taking a starter position on it and kind of riding it lower so the stock went red pre-market I took you know two three thousand shares pre-market um very small size and as soon as the market opened it kind of continued to tank down I made my money I walked away uh embot was another one right embot was another one so in the morning it pushed towards eight dollars it failed all the way to like 740 750 and my game plan was to short a pop near nine because that stock was kind of already broken so what I did is I shorted that pop when rebounded from 750 towards eight dollars covered at like 730 740 and I made my money and I walked away that was kind of like a nail and bail setup I didn't want to overstay I didn't want to waste my time there I took my money and ran and then meanwhile while this is happening SINT is moving as well so SINT is a former runner if you look at the daily chart doesn't really hold its gains too often so my plan was to kind of wait for the stock to break down this the plan was to kind of wait for it to collapse and then to join a pop when it collapsed so SINT went like 250 all the way it's like two dollars pre-market it washed out to a dollar eighty and you know my game plan was to kind of short any pop dollar ninety two dollars two ten anything I just wanted anything to short and we got a small pop pre-market I mentioned that there was kind of like a hidden seller I think it was 198 I mentioned there was a hidden seller of 198 so as soon as I saw that I took a small starter because it was pre-market I had a little bit of foam off but I wanted to kind of control myself a smaller size so I took a starter and the stock just kind of washed down and tanked all day so I made a little bit of money I made like a thousand dollars on it and I walked away because you know that was a setup that I really really want now that was a setup that I really really loved and I had to remind myself that if I don't get the perfect entry on that setup I don't I can't chase it I can't just run down and try to short I can't do it so I have to remind myself every single day I remind the guys in the room I try to remind bow to that I have to take what the market gives me if the stock broke down and didn't give me a pop to reshort that means that I didn't get my entry if a stock if a stock tanks ounces and I don't reshort because I'm scared that's my own fault the stock gave me that entry and that was my own you know performance that kind of screwed it all up so that's what happened there and then cool what is cool training at now k o o l so this cool was float stock um this cool was a low float stock give me a sec cool is a low float stock and there's a notorious chatroom pumper out there that loves these low float nano float stocks and he basically pushed the stock from like 430 all the way up like four dollars and 70 cents so knowing that this move was kind of artificial knowing that the move was kind of fake knowing that the move was all on a pump and dump chatroom kind of told me two things one it told me that there was artificial demand on the stock it told me that the move was fake but also told me that this float is so low that it doesn't matter how fake or artificial the move is if it catches enough people off guard it'll screw up everyone right it'll screw up everyone so you know I was shortening it with small size kind of scalping it up and down a little bit and you know I kind of told myself if this thing doesn't tank by 1030 I'm going to be out I don't care if it's a win I don't care if it's lost I'm not focused on the money I am just focused on my rules right so I cut myself off at 1030 and I think the stock continued up higher so I mean I did the right thing but the point of this is that you know even though the stock was a chatroom pump even though the move was artificial even though the move was fake that still doesn't mean that's an automatic short it doesn't mean that you could just attack it because you have to remember these stocks are low floats and they could catch if they catch enough people off guard they're screwed so that's kind of my trading that's kind of my trading today uh kind of like an uneventful day I think I made like three or four grand you know great day obviously great day but kind of uneventful um so I got a question about something that I wanted to talk about that I think it was Adam that DM me about this over the weekend and basically I want to talk about uh kind of like not motivation really but kind of pushing yourself to kind of get more organized in your trading like business right so here's the thing a lot of people watch these youtube live videos the instagram live videos they watch the videos in the library they watch everything and you know they get very motivated to you know improve their trading they get very excited to kind of take what they learned from these talks and try to improve themselves but what I realized and what Adam realized is that a lot of people that talk about these things they don't really act on it right there's a difference between people who talk and people who actually put action into the things that they talk about so everyone says I'm going to start journaling everyone says I'm going to start using heart stops everyone says I'm going to start doing this everyone says I'm going to start doing that but the reality is most people are all talk and they don't really put action into things so you know this is kind of my challenge to you is you know going forward on these instagram lives or these youtube lives or if you're watching the videos in the video library have a notebook next to you write down some notes that you have right write down some notes that you have try to kind of ingrain this stuff into your brain because you have to remember that trading is your own business right you are your own boss so the amount that you put in directly correlates to how much success you're going to have so if you want to be the guy that kind of gets motivated after these talks if you want to kind of be the guy that is excited and doesn't really do anything after these talks that's your own problem because you have someone else who gets excited and will actually do something about you'll actually do something about it so for me I want to remind everyone that just talking and being excited and being motivated about this stuff can only go so far and you have to put your own actions into it if you see yourself kind of struggling if you see yourself uh not really making any progress you have to go back and audit yourself and tell yourself what am I doing right what am I doing wrong and how can I fix it and if you know what the solution is and you're still not implementing it for whatever reason you either a better fix that shit soon or b look for another job right because trading is all about mastering your own mind and mastering your own mentality and you know if you can't if you don't have someone to kind of keep you accountable if you don't have someone to kind of keep you safe then you're in trouble that's kind of where the tab comes in right that's where the tab comes in so having a trading accountability buddy someone to kind of kick your ass is someone to remind you someone to even study with someone to help improve you with is so so so essential that's really the secret sauce right that's the secret sauce having someone accountable for you why do you think major prop firms and major hedge funds has someone whose sole job is to be a risk manager his sole job is to manage your risk because if things are going right he gives you the extra buying power and the extra risk to try to make some more money and if things go wrong he taps you on your shoulder and says hey are you okay is everything going well right so having that kind of tab risk manager aspect in your trading is essential right it's essential so you have to kind of always remember that you're only as good as you let yourself be in trading if you put in the work and you study and you watch all the videos and you use heart stops you manage your risk and you focus on the lines and you do all these things you give yourself the best probability of making money in the market so always remember that there's going to be someone working harder than you and it is your job to kind of outwork them so they won't have any questions on that i know i kind of went on a little bit of a tangent a little bit on rant but let me know if you guys have any questions too we could talk about it here and uh i'll kind of get into it thank you for everyone wishing me happy birthday i spoke about the giveaway in the beginning of this video um i'm going to post the replay on youtube so you'll see it there but that's basically it there's so many topics i want to talk about there's so many topics i want to talk about but you know i want to kind of i don't want to kind of overwhelm people i don't want to kind of uh confuse people by talking about too many things at the same time so what i'm gonna try to do on these videos now is talk about one specific subject more in detail rather than trying to cover so many things at once because then again people kind of lose attention people kind of get confused um here's some questions uh it's based on what do you choose the levels to short the low hangers so for example uh let me just kind of give you for the people that don't really know what a low hanging fruit is is a low hanging fruit is a day two continuation play it is a stock that ran on day one that tanked on day one and on day two we're looking for some sort of residual pop to kind of short it right because it's kind of like a dead cat bounce right so what i'm looking for specifically is i am looking for the previous days key resistance levels i think it was ntgn nvgn whatever that stock was had a resistance level around 350 360 and 370 right so for me personally i'm looking at those levels to reshor it right it's you have to learn what the lines are right you have to learn technical analysis first that's step one if you don't know how to read a chart or if you're not an m i c you don't know what our strategies are that's also a number one problem because no matter how many times you hear it from me until you actually learn and educate yourself more in detail on this stuff it's a lot tougher so i'm assuming that you've watched all the videos i'm assuming that you've seen all the strategies i'm assuming that you've seen everything so i'm using the previous days kind of resistance to place my fantasy orders my fishing orders my orders that i'm wishing them to hit right so today i had orders 350 360 370 scatter around and if it hit it hit if it didn't hit it didn't hit right what's cool and sint have i have some fantasy orders there but i really think i'll hit and also something else that's really important is you know i have very specific rules i have very very specific uh things that i do but i also get sloppy i also get sloppy so when i feel myself getting sloppy i decrease my size by 90 percent my max size 1000 shares i'll use 100 shares you know what i'm saying oh new york meetup yes let me actually talk about that too so this saturday at 2 p.m market time i am hosting a meetup in new york city at 235th rooftop bar this meetup is open for members and non-members it is 100 free no strings attached no dvd sales nothing like that um so come hang out have a drink and try to network with other traders right so i just spoke about how important the tab is right how important a trading accountability buddy is and here you're going to be surrounded in new york with 10 2030 other traders that probably trade the same things as you and this is your perfect opportunity to kind of step out of your shell and network with other traders who are passionate about the same things as you and if you guys kind of hear off and you guys are trading the same style you guys should get each other's numbers start talking every day start training every day and here you have found your tab right you found a tab that is local to you you guys can hang out grab drinks you guys have a good day you could hang out you guys have a bad day you could give the guy a hug you know i'm saying like it's you need to have that that one person and if you're trading alone you are at a disadvantage so come to new york on saturday um i'll be there i'll have some drinks lapsing fun and that's it another question give me a sec why don't we come into atlanta if you win the steak dinner i'll come to atlanta do you use one minute i have a one-minute chart up a five-minute chart up and a daily chart up how do you manage your risk if one of your orders gets blown through well the way it should work is this after any order you have after any order you have your next order should always be your stop order right your next order should always be your stop order so if it blows through it you either a get right out because you're wrong or be your stop hits do you read the tape before placing your order i hate these questions because it's not it's not that you are the problem it's that the mindset of a trader is so fucked up these days so the way it works is this your trades are always based on the chart your trade for example if there's a resistance level at 350 on the chart right if there's a resistance level at 350 what you're supposed to be doing with the tape is seeing if that matches up is there also a seller on the level two near 350 if the chart and the tape matches up then you know that that resistance level that placed that line is good it is going to hold but if you're just playing solely based on the tape then you're completely clueless right you're completely clueless and again MIC is literally literally five dollars a day it is literally five dollars a day if you don't have five dollars a day then you should probably not be trading so it's literally that's like with all the broker discounts and all the giveaways and all the meetups that we do too it kind of pays for itself but that's why i'm trying to do this steak dinner because i want to remind you people that if you don't win if you don't win you still get MIC for a month a year and a lifetime and it pays for itself you know we're 100% raising our prices soon right we're raising it soon uh lifetime is going to go from five thousand to fifty five hundred uh our monthly price is going to go up so you know we can't we can't be given away all this shit for free forever it's like we keep giving away and giving away and giving away yet people are still not really grateful for they are not appreciative we have you know almost 400 free videos on youtube yet only a thousand people watch it right only thousand people watch it you know it's like how much more can we do without because we break our backs for this content we try our hardest every single day to make sure that you guys have the best possible probability of making it as a trader with all these free things but if people aren't watching it it doesn't motivate us to keep doing it right it doesn't motivate us to keep doing it so why should we keep doing it so who knows maybe these free videos are going to stop too eventually but that's basically it so um also a lot of people say that they like the shorter videos you know 20 25 30 minute type of things so i'm going to kind of keep it on that level too so i got another question yeah exactly when it's free people value it less you know why are we going out of our way to put one new video every single day out on youtube why are we going out of our way to throw free events for people you know when we threw a free event in philly uh it's remember it's free for anyone lifetime people and no one else does anything like that everyone else charges you a thousand dollars two thousand dollars five thousand dollars to meet them right yet here we are throwing it all for free and it's still not enough to kind of motivate people to work harder it's the same thing i talked about in the beginning everyone is so excited everyone's so hyped everyone is this that but when it comes to action people are like a deer in headlights right they're a deer in headlights and for me who literally is doing this 15 16 17 hours a day to try to give you all the best chance to make it and it's kind of disrespecting that not a lot of people watch the videos or try to kind of pay it forward the way that we do is it doesn't motivate me to kind of keep this going you know what i'm saying so anyway anyway you could join someone else that's $50 a month you could join someone else that's $100 a month and lose all your money just because you're trying to save an extra 50 bucks and then come crying to us but that's not really how it works if you want to be a consistently profitable trader like hundreds of members in our community you got nothing to lose by taking a shot joining and the best part is this month if you join you're in the right to have me fly out and take you out to stake who else does that shit who else does that shit imagine you pay $179 to sit down with a seven-figure trader and pick their brain about whatever the hell you want if anything we should charge for that man why the fuck are we giving that as a giveaway too anyway whatever i'm kind of like i'm kind of pissed i'm kind of furious i shouldn't really be this angry on my birthday but it kind of it kind of bothers me that you know we put our heart and soul into this and not enough people are watching it so if you're not making it if you're not going to your best shot to make it as a trader is to join MIC and if you can't make it with us then it's and trading really isn't for you because we give you the proper foundation we give you everything and anything you need all the resources you could get a phone with one of our moderators and talk about your trading in detail specifically for free yeah last meetup in Newport bow spent thousands of dollars on the members brought them back to their room it's all it's like it's like it's like the people only want alerts right the people only want buy here sell here people are this and that it's like shit man it's like shit like if you want if you want to be a consistently profitable trader you're not going to get it by following someone's email alerts you're not going to get it by following someone's text alerts you're not going to get it by following someone's voice alerts anyone that has email alerts text alerts voice alerts, voice chat, all this bullshit is a scam. It's all a fucking scam. Why do you think that me and Bao never post our traits until after the fact? We are trying to educate you. We are trying to teach you rather than trying to pump it to you, right? It's like, you guys forget that we're traders, right? We're traders. We're not marketing guys. We're not advertising guys. We do it out of necessity, right? We have to do it out of necessity because the truth of the matter is if we're not there, then people will continue to get scammed. People will continue to get pumpin' dumped on. It's like, how do you guys not see this shit? How do you guys not see this shit? It's like, how much more can we do? People tell me that our free content on YouTube is more valuable than the DVDs that these guys have spent and we're giving it for free? We're giving it for free? I think we're the idiots, dude. Fuck it, Bao. No more fucking free YouTube videos, man. What the fuck? What the fuck? It's like, how much more do you guys want us to do, right? How much more do you want us to do? Every Monday I do an Instagram or YouTube live video. Every Tuesday, Bao does an Instagram video. Every Wednesday, Tosh does a free webinar for people. Every Thursday, Austin does his two-hour webinar. Every Friday, we have a new video coming out. Every Saturday, we have a Q&A. Every Sunday, we have a fundamental video and a trading basics video. And top of all, seven days a week, we have one free YouTube video, right? And then we have free events. We have daily moderator phone calls. We have all this stuff, yet it is still not enough. It is still not enough for you to at least try it for a month. It's like, whatever, it's your loss. I don't get fucking. Anyway, I'm kind of pissed now. I'm kind of pissed. I gotta go get a steak to kind of bring my mood up. But do you guys understand where I'm coming from? Do you guys understand? Do you guys understand why I'm saying this, right? People want, that's a good point, James. People want a free trial. People want all this shit. And you got 400 free videos. That's your free trial, guys. Yeah, fucking, one free video a month. Fuck it, maybe that's what we'll do. Maybe we'll do one free video a month. If you guys are smart, here, here. I'll tell you guys a secret, right? I'll tell you guys a secret right now, right? If you guys are smart, what you should do is this. Go to our YouTube channel, youtube.com slash myinvestingclub. Go to our most, our oldest videos first, right? Our oldest videos first. Why the oldest videos first? Because the secret is the oldest videos are full one-hour daily recaps for free. We didn't start cutting them down until a couple months ago. If you want to watch a one-hour daily recap that is usually for members only, go to the oldest videos, you motherfuckers. Yes, current members will get grandfathered when we raise our price. It's like, what more can I do, man? What more can I do? What more can I do? Tell me, tell me what I could do and I'll do it. It's my birthday today, right? It's my birthday today. And rather than just getting drunk on my birthday and just eating steak and passing out and getting into a food coma, not only am I doing a YouTube live video, I am doing a giveaway where I will take you out. I am taking you out, bro. I am flying to you. Anyway, I'm gonna walk off some steam, give me a sec. Let me walk this shit off. So, meet up this Saturday, 2 p.m. market time, 235th rooftop. I'm gonna do kind of something special for members that are there too. So, I know a lot of members and non-members come, but if you remember, I'm gonna kind of do some sort of after-party after that that only members could come to. So, here's your chance to come meet us. Here's your chance to see me in person. You'll see that I'm not a robot, I'm a normal fucking dude. Again, this giveaway is for the month of September only. So, you have the entire month to sign up. Don't be a jackass and wait till the last day of September because you get, remember, you get one full month of M.I.C. when you join. So, might as well take advantage of that month, take advantage of the education. So, yeah guys, I think I'm just gonna wrap this up. I'm fucking pissed, but yeah, put in the work. Watch the videos, ask questions. Show me that you guys are learning. Show me that the work that we're putting in is not for fucking nothing. So, I could continue doing this stuff, right? I don't want to be, I don't want to be unmotivated for this stuff. I want to be motivated, I like doing it, but I don't want to keep freaking doing it. People are lazy, right? I don't wanna keep doing it, people are lazy. So, again, I'll see you guys this Saturday at the meetup and then I will see someone in October for the giveaway.