 You guys surviving well you want to listen Alex you want to get on up to you Toppings how to stay slowly I was dreaming in here Yeah, we uh, I was a little busy guys started this one hour later Might bring on someone here try a different format today Zombie hours guys. I'm telling you man Zombies zombies zombie PG Y. Oh my goodness. Look at this Gov X still going Easiest way to make money guys if you're short sellers trade in short in the morning the first hour of the day and Then you leave during the week midday and then come back down the reserve versa hours No one asked me about the best times of trade if you're a long-buy striker stick around zombie hour man You squeeze people like PG Y so take a look at all these charts like PG Y and find a commonality guys Gov X look at the time that I squeezed there is is a coincidence or is it not? You know, you guys determine that Make the money the easiest way possible guys. It's not about trying to look cool All right, we have a little more people come in. I think people don't know I'm starting this thing late So it's pretty foggy here. Let me take a look Outside smog. I don't even know it's fog down in LA. I'm in all Los Angeles right now guys Oh my goodness. It's All right, let's start All right guys How's you guys do today a lot of movers lately guys a lot of movers? But with all these movers, it's tricky, you know, they they work, you know, when you least expect it guys It works because he's always sick the process of works The problem is when you go back to the well too many times when you over trade So these markets guys be very very very careful about over trading You know, you can go from big green day to big red day very fast due to traps Because what what happens is we over trade what does over trading mean over trade means, you know, it's kind of like First you start trading the a plus setups and the a plus and the a setups and the b setups is pretty soon You have a cushion and so what happens when you have a cushion is use the good cushion game We talked about this a lot, right? You find all my videos on cushion game Um And so what happens what you build a cushion you start to gamble become loosey-goosey, right? You start just like, you know, nibble take your toe in the water next, you know Boom you're stuck in the trade lose all your profits for the day and now you're revenge trading and that's over trading guys Over trading means, you know, man your day is over all the good sets are done But the fact that you won't leave You won't leave because you're up, you know, and you want to make more is the greed So over trading is when you start trading things which you would normally not trade had you You know had you have better trades? So, you know, it's very difficult to not over trade Because there's a fine line between trying to make more money and just kind of slowly bleeding it back And this is why you know yourself guys at the end of the day trading becomes discipline Once we teach you the strategies the process it becomes your Discipline your willpower to walk the fuck away and this is why we always tell people do not quit your day job Do not quit your day job supplement your income day trade and supplement your income guys Because you know, you go you fucking make your money in the morning You go fucking go go to work enjoy your life and by supplementing your income you now Choose the job that you like to do work at not necessarily Forced to work and that's the beauty of supplementing your income through a different Source such as day trading guys so And so with that in mind, you know, there's a lot of negativity going around in the press Recession Biden all these things taxes whatever it may be guys. So what do you do? Same thing as you always do during the bull market same thing man Go live your life, but live it in the sense of the you know the perspective, right? And so Just because there's a bear market doesn't mean that what you're you're gonna stop eating food You still gotta eat you still want to budget so the same principles apply during a bull market that you are doing the recession guys You know if you're saving you're going to save the problems if you keep spending during the bull market You know keep spending during the recession you're gonna go broke. So it's the same thing same thing with trading So when you wake up in the morning, all the markets are down today What do you do you stick to your process your process is what you got you here right guys And so what happens is you can change your process and the thing that's the thing people don't understand You can you you don't have to stick to the same process the process we find yourself over time You change it over time, you know You make it better and the markets change and so you must adapt to the markets And so that's why we always say you adapt or you die, right? It's a Darwinism survival of the fittest, right? And so with that in mind guys, you know stay focused Going on twitter is a bunch of bullshit. You know I used I love twitter I used to love twitter because I back then there was nobody helping people day trade to learn day trade And so we started to do that and now people just trolling everybody back and forth I don't know what the reason is. I'm not going to get into that game I'm just staying positive and so the moment that you stay positive It's when you win, you know so much wasted energy Hating on others trolling on others and all this stuff for what competition to make yourself seem better than you are Who cares if you're good or not right guys at the end of the day We are judged not necessarily what materialistic shit we have but how we impact the world How many people you've changed right and so you can be famous and and be a hitler Or you'd be famous and be like someone that changed the world like Einstein, right? You know, so there's many ways to gain popularity and all that so but the keys I'm trying to tell you guys stay focused forget all this shit on social media all that guys Because what's going to happen is this man recessions are hitting really hard in my opinion This is just getting started. Biden is trying to convince everybody. We're not in this recession So if this is not a recession where we have two consecutive quarters of negative gdp growth Then imagine his definition of recession His definition of recession might be a depression to the point where the economic collapse Then he'll say oh, yeah, we are now in the recession. So keep that in mind housing is dropping everything So bottom line guys, I'm preparing you guys to save money Budget yourself work hard during these times the recessionary Depression recession all that that's how people become really rich you either go bankrupt or you come really rich guys So plan plan plan same thing with trading Okay, everything we place back to trading because this is a trading channel And I'm telling you right now guys learn to fucking do risk management Risk management is the only thing that's keeping everybody alive Who's been alive for 20 years trading? Okay. You have all these guys who are You have all these guys who made a lot of money last year the year before now They're blowing up because I have no risk management back back then the stock kept on going up up up up up You could buy the dip Buy the dip and then eventually go back up same with crypto Crypto guys got rich because all they did was buy buy buy buy and hold hold hold hold And how did that work out for them right the ones I sold made money the one that held now lost all their money Okay, guys, so make a plan. This is my point to you. Okay, you only get lucky so many times I've been waiting for a recession hit for so long. I've been storing cash I've been trying to make a plan maybe buy real estate things like that guys So make a plan. Okay, make a fucking plan and same thing with trading guys Training there's a lot of opportunities out there, but with a bear market It's just less opportunities. Okay. There's less opportunities and once again, you don't have to go long You can learn to short sell stocks. All right. That's what m. I see does but the point is just Avoid all this gloom and doom. I'm a very positive individual guys when I see doom and gloom I think opportunity That's how I think the you know the grass always greener. There's a silver lining But think of that as an opportunity guys So when you see these guys complaining on twitter when they see When you see guys trolling, you must wonder yourself that life must be so shitty behind the scenes Where they must go and talk and put people down online that they don't know right things like that So you I use it as a gauge, you know an economic And also a mental psychological gauge as to the economy when I see guys out there Who normally don't troll who make money train supposedly and who starts to start to troll all of a sudden You must know that something is going on and so you you should feel that you're not the only one that's going through issues Guys, so this is not meant to be a psychological lesson by me I didn't know the topic today because I want to mix it up. We can talk about training if you want So let's so I want to do this. It's been a while. I want to take questions now guys Let me field questions because Alex is out Um, I on personal stuff this week. And so I'm going to change the format a little bit So as a way guys, I'm going to take some questions because I really don't know what to say right now because I don't want to keep talking about the same Oh training stuff over and over again. It's really boring, right? Um, there's a lot of videos that we have out there And so, you know, you can watch it but for this week, let's let's see if I answer some of your questions It could be life coaching. It could be anything you want guys Does not have to be Trading related to you what I'm trading here. You want to see some six charts? I'll show you some six charts Um, I posted about twitter guys, so, you know, if you want to go to twitter see my charts, then you can ask me questions as well How do you cope with losing money? Oh, first of all, I came from no money So having any money is good So coping with no money. I've already coped it growing up in a poor environment The problem is if you are sheltered if your parents Pretended they had money and never taught you the value of a dollar How hard is to make a dollar you never ever learn and that's why you need to go into Rehab and go into and see a psychiatrist because you have no money. I mean, dude Most people do not have money There's a very few people that have money around the world and most of them reside in the united states You know, I come from outside the united states. I'm an immigrant. I had no fucking money growing up So coping with money is no issue coping with making money. That's the issue Having money is the fucking issue for most in my opinion. They don't know how to handle money They do drugs. They get lazy. They start fights. They they become materialistic They they become arrogant and so coping with making money is more of an issue for me than to not have money Sometimes I wish I don't have money like, you know, I went through bad relationships where I just I just threw through a money so I can leave the relationship things like that guys. So, um, how do you cope with Losing money. You're lucky to have money to lose So what you do is this you learn and you invest in yourself guys The first thing you do is get rid of all the bullshit that you don't need all these materialistic bullshit You have to mess ask yourself. Why am I buying all these materialistic bullshit? Is it because I want to impress someone that feel bad for myself that I need to Wear some fancy clothes or do I really like it? If you really like something that's completely fine But if you're doing just a showboat fake it till you make it then that's the problem When your camera was flipped we could see your nuts Yeah, right here These nuts Any, uh, what's another question guys? Yeah, thanks schwey You know what man? I'm on superstitious guys and so a quick thing on superstition. Well g o v x just I told them guys This covers them all. Yeah But um, yeah funk schwey man funk schwey is basically the energy you harness it You know it comes from the uh, the the the asian superstition, but you know what man? I believe in it because you know why it alleviates my anxiety Anything that can alleviate my anxiety helps me trade better. So if if it may be knocking on wood Wear your lucky shirt for the day when you trade this No, like I have a lot of weird superstition guys I had to do laundry last night because I ran out of these black boxer briefs I usually wear when I when I trade So I was walking around naked this morning Well waiting for the dryer to dry so I can put on my lucky boxer briefs, right? So whatever it may be to alleviate your anxiety is needed including getting rid of your fucking toxic relationships You know a lot of times you don't want to carry upon You know from last night you're fighting with your girlfriend your friends your family whatever it may be guys So I always say get your personal affairs in order Then you'll trade better If your life is in chaos your trades would be in chaos Driving a bow. Yeah, I need to bring that back guys. Let me I'll do that soon We'll see the next questions guys Anything you want guys come uh, we'll do this for another 10 minutes and then I'll get off Still trading this crap How do you manage emotions while training to be honest? I don't have time To to be emotional. I'm too busy focused staring at the charts staring at the level two staring at my process Um to even think and so like when when it's a reactionary Um, I call it trading like a reflex when the market opens. I'm so busy that I don't have time to think All my thinking should have been done pre-market before the market opened And so that's why I always talk about pre-plan your trades if you pre-plan your trades All you need to do when the market opens is to execute your trades And so when and so there's no emotion when you already know what you're gonna do ahead of time Then the emotions come in hindsight after the fact when you screw up and you overthink And so stop overthinking overthinking is the killer guys in trading the moment you overthink you start to guess yourself Second guess yourself, and then that's how you blow up Did you see sbf? Um Oh, shit. I didn't see that Now I see it Thank you I did not trade it because I didn't see it Will you ever trade dacha? I do whatever I feel I have an edge on guys Um large cats like I always tell people I I don't see an edge for myself as long as small cats are running because small cap You know the the end result is this a scam guys. I know that small cats are a scam They're gonna do offerings things like that. I know the end game because I know the end game I know these companies are not real therefore Shorting is a huge edge for me. You know, I wait until the top comes and then I can short the back side And where I lose though is the day one bullshit because I get so bored waiting for the back side That I start to nibble the front side and then the market Humbles you you lose and then you go oh, yeah, I'll never do that again Of course you do that again, but that's when you mitigate your risk risk management You have max day losses things like that guys So find whatever gives you an edge if large cap gives you an edge trade large caps PG y is 17 bucks right now guys. So don't cry too badly about missing shorting 12 bucks It's zombie. You know the zombie rule you stop and I want to tell you something about trading guys There's Like like same thing with golf There's many levels to golf just like many levels of trading when when you start out with golf You don't know how to pick up the golf club. You don't know how to swing the golf club And so, you know, you have to get a tutor. You have to start somewhere You know And then imagine you have a hot shot guy who's like, you know He's been playing golf for 10 20 years coming in and laughing you the way you stroke I mean, it's kind of like what the fuck? Why is he trolling you? Seriously, same thing with trade. But the weird thing about training you have all these guys trolling Trolling people that can't trade and all these guys are trying to trade just want to learn to trade Same thing with with like if you're a fat guy fat person obese person going to the gym to lose weight you gain um made fun of by like a muscular guy You're there to try to lose weight and so fucking is ridiculous when you see these guys try to do this And this is why we well myself especially has been trying to help people online on twitter on social media As you see for decade now because I want because I was there man I was the little fucking guy that people made fun of and so I don't understand why these motherfuckers are Trolling people that don't know how to trade. Obviously this is trying to learn how to trade But you know, there's two types of people that don't don't know how to trade There are ones that are truly New and want to learn those are okay. I would help those guys But then there are the guys that suck because of their attitude They think that they they don't they don't need help that they blew up because they they did on themselves So if they lost money means that trading is a scam and those become the haters the haters are the ones that are Unsuccessful the ones that that lost all the money. They did they were they're egotistical and refuse to trade Uh to refuse to learn to trade and so they become haters guys So don't be one of those so the fact that you're here listening to to this ig live from some strange guy Out in nowhere, you know, you don't know, you know, it shows that you're trying to make a better life for yourself So i'm always here to help you guys man, you know my instagram So, you know, you people hit me up day and night man. I spend most of my time on that on that platform but um All right, we uh one last question guys Life coach. Yeah, man. I might bring it back. I love that man I you know, I've been busy with life, but um, it seems like it's fun to bring it back now So maybe I'll do that same guys. Maybe Tuesday could be like that Uh any last questions guys, otherwise, I'll see you guys back online um Do this guys do this august 19th weekend Uh, there's a meet-up m-i-c meet-up in Utah Salt Lake City is the airport is in provo So you go myinvestingclub.com slash meet-up make sure you fucking attend. I'm not fucking joking guys Make sure you attend. We had a meet-up in SoCal man We have meet-ups in Bay Area and all this stuff So but the next big meet-up is our anniversary for your anniversary show up. This will change your life Um, we will fuck what you gotta do take the day off from work Whatever it may be this is your opportunity. It's completely free open to everybody. You don't have to be a member Okay, meet people that will change your fucking life. Where can you meet millionaires? Where can you meet guys? I wanted to be millionaire. Where can you meet successful corporate people? leaders students everybody from every walk of life every ethnicity around the world guys This is you can bring your wife your freaking concubine your mistress Your side bitch your side hoe whatever you can bring Bring me one too If you bring your side hoe bring me one too But um, but yeah, this I'm telling you right now guys you This is an opportunity of a fucking lifetime guys You're gonna meet if you need a job, you know, you show up I'm pretty sure there's hiring managers from from other industries But the key is you know hardest to find real good friends really good people that really want to Make something of themselves that it's just not out there clubbing all night and fucking doing drugs or whatever And don't get me wrong. Do I like to partake in self medication too, but I work my ass off So I can deserve the right to get drunk You know, um, you surround yourself with very good quality People because those people will fucking be your mentors your buddies your friends all that guys and where can you meet them No one has meetups We are the only ones m. I see because you know why we are the only ones almost scam people We don't scam people. We can walk around in public. All these guys are hating on us. I have I think they're just fucking jealous I don't know. Maybe I'm too good. I have fucking no idea. You don't see their fucking face You know, I show my ugly face all day long You know, because we're honest people guys. And so I'm telling you right now This is an opportunity of lifetime Whatever you fucking do do not miss this event because this event will change your life I guarantee you man Just being the people and knowing that there are good people out there who's willing to help you It's free guys. I'm not charging shit. You know, we're giving free pizza and beer or two Uh, I just want you guys to meet quality people You know, these are could be your lifelong friends. They don't have This doesn't even necessarily have to be trading. That's what I'm trying to tell you This is like the country club for the everyday man. Okay guys, so I'll see you guys in Utah Make sure you freaking attend to you. I don't want you guys to miss this. You gotta you're an idiot. You miss this This is an opportunity of fucking lifetime. No one does this for free guys Everyone charges and you know, they're all scammers out there guys. Okay, so I'll see you guys in Utah And I'll see you guys online