 Audio check everything's good weather Trader check good How's you guys do today man? What a crazy market we're in huh? Hope none of you guys are long any of these Wall Street bet stocks reddit stocks. I've been tweeting about them for Man all day yesterday Keep telling everybody be careful be careful. The end is coming the end is coming If you lost That's okay. You learn from it. That's all you could do guys Sndl I Po man these guys I post all this stuff. They call they started trolling me. It's pretty ridiculous, dude Today not a single work made those guys They're probably gonna blame me because I shorted it. How'd you guys do man? Same stuff every day guys MIC is the same same thing Every day to me it's the same To some days come more plays than others, but I don't see any difference between today another day There might have been a couple days. That's different, but This is trading man. I've been trading for 20 years and this is the same boring shit to me You know, you know if I think about it's pretty damn boring guys. I do stuff to You know make my my life more exciting when I trade like helping others and helping the room and stuff, but Imagine doing the same process for 20 years same thing over and over minutes Yeah The money doesn't really matter. It's the it's the excitement of nailing the trade You saw all my charts go to Twitter today guys. Holy crap. I top ticked pretty much every single stock. It's crazy Process works the lines work. I don't know why he thought everybody's in MIC learning this stuff I mean I put my fancy orders out there like and killed MBRX I Mean every stock man GME shorted it at 157 at the very top AMC shorted at $10 at the very top Sick, right guys every single chart I post on Twitter was a fucking top tick short Process man done within first 15 minutes MBRX was a super opportunity. That's why I loaded that stock up short Guys the first step is to educate yourself. It's like what you want to become a doctor You don't go how much does how much does a Knife cost how much does the surgery cost the first step is to educate yourself go to school Learn how to become a doctor learn how to become a day trader and then when you're learning That's when you start saving you be surprised how much a little money you need to start guys What you need to do is save your money so that you can educate yourself first These guys are man. They made millions on this game stock, but they don't make it unless you take the money out But you do not take the money out doesn't it's meaningless these guys went from up millions of fucking down everything they own If they bought options, they're fucked Options they have no clue. They think people buy options. They it's super levered, right? It's super leveraged out 101 and so you can double your money trip your money to quadruple your money really quickly But think about this if you can make money quickly you can lose even more quickly The institutions do not give you something Your benefit everything they sell into you guys an instrument options are a financial instrument It's to their advantage When you're buying option think it's cheap. It's not cheap You're paying a huge premium to hold that option You know you can't afford the stock so you trade the option, but if you do not know what you're doing You think that an option is a stock and you keep you holding it Even if the stock never even goes down even if the stock goes up The time premium decay will kill you And you're like shit the stock went up Why the fuck I lost all my money? Because you know because you're not under you're not educated as to the financial instruments on which you're buying Options have a time bomb in it You are losing money every single day they call that the premium is time decay guys Okay, so this is what we teach at M.I.C. to the guys at M.S.C. They got a bunch of great option traders that understands all this stuff We have a dedicated room guys for you to learn how to trade options properly Making money is one thing keeping the money. I feel so bad for some of these guys I mean these these are like lying fucking changing money. They may not care right now But but fuck man, I guarantee you next month when they're like fuck I want to go fucking buy this something and they're you know, they're like dude I was up millions of dollars now. I'm bankrupt As respect for the Wall Street guys that we know backside of the move Today for my butt. I just want to really educate you guys on how to keep this fucking money guys Fucking crazy You guys are fucking pumping Lizzie That means that you're stuck long chasing You guys are coming here to ask about learn how to treat guys the first step Appreciate first of all you guys coming here to listen, you know take time out of your day So let's talk about this let's jump right into this we have anything to start Alex So M.I.C. is M.I.C. the same old thing we do the same old thing every day guys, you know Alex was up like half a million bucks You know, he gave back a little bit today trying to be aggressive on the long side And he didn't pay off it's fine Lost back very small five percent what he made So it's completely fine. He's not revenge trading, you know, he took his lost He didn't fucking keep adding the loser like some people and that's what we teach at M.I.C. If you're wrong, you're wrong You know, that was his plan. He's okay with it because he created a plan He's stuck with the plan and then the problem with some of these guys are like, oh, I don't understand man I think this Twitter this didn't do Twitter thing. It's like Who could be down the most money and make it back and for some reason that is That's like a badge of honor I just I just find that perfect thing man I hate I hate to be down that much and then have to come back It's a fucking worst feeling in the world to be down. I rather not be down I rather have proper risk management I rather cut my losses and come back. These are the things that we teach our members guys you know We may have enough money To bounce back from half a million a million a hundred thousand dollar loss But most of the members do not have that much money. They will follow us into the abyss And so you have to if you if you Are an educator you I mean, dude, I took me a long time to become an educator because the way what I do I I just trade for myself And I make money and at the end day, it's how I make my fucking money Don't fucking follow me But as an educator, it's my responsibility because people are looking up to me You know people are looking up to me. It's like Donald Trump. I don't want to bash Donald Trump But I'm just saying like, you know as a leader is this responsibility to act properly It can't be telling people to storm the Capitol and then now that they're in jail for 20 years. So you got that Q a non guy The shaman guy now he turned he's testifying against trump in the in the impeachment He's like, I thought Trump was going to bail me out You know and so as a leader you have to Be responsible for the people that you are The helping You know, you can't say hey, I don't give a fuck I'm down. I'm gonna keep fucking adding. This is a small loss for me I'm so confident. I keep adding You know what man the problem is you have a lot of money in your account The members do not they are going to get a margin call real quick from their broker They're going to get an auto liquidation. They're not allowed to hold shit like this They don't have nobody to add And they will Be emotional They will sell at the bottom or that cover at the top You know, you can't assume that they are good traders such as yourself. That's why they're paying you They're paying you to learn and so teach them the correct way Okay, people think I'm bashing these people. I'm not bashing anybody I am telling the world The correct way to fucking trade, dude You know It's not good to have 50% drawdowns 25% drawdowns are your entire accounts and brag about how it's awesome You know I'm not hating on me. They're gonna keep talking about bow. I don't make money. I don't give a fuck But it's just crazy. I'm here to educate you guys, right? I'm not here to brag I mean, do you want you want to have a trading challenge? I I would gladly do it Put up the same amount of account. I would gladly do it. Who fucking see Yeah But the better way if you want to brag the better way Is to compare members Why is it that mic guys? Are the most consistent the ones that Go from not knowing much an actual member of learning right guys learning To become consistent. We are the ones that are building traders from scratch Their room specialized for experienced traders fine. Go there But if you want to learn how to trade properly From scratch when you do not know much And have a community support around you mic is the way to do we are not gunslingers guys You know, we're not here to fucking make the most money every fucking day. That's not my goal My goal is not to make the most money my goal is to make consistent gains with low stress Low risk And here I am walking around. You see me, Alex and I doing live. We're walking around enjoying our fucking life Done within 10 minutes. Take a look at my charts And that's why I posted charts. How many of a fuck about the p&l? Look at the fucking charts You can post million dollar p&l But your charts look like shit You know That's the point the point is i'm teaching you a process and then you can apply My process mic's process our process To your own bankroll You can fucking apply to your own bankroll, dude. It's like i'll give you an example you go to a fucking club All your this guy this guy it's keep bragging it. He's laying all these girls, but but he's fucking giving them roofies and shit, right? You know, that's that's this artifact of mentality I rather just go through my process If if today i don't get laid i don't get laid at the club. It's cool. I'm giving you an example I'm just no no don't kill me by the example, but my point being is Man, it's not the result that matter guys. It's the process. It's the fucking process Results are meaningless Because if it's a one-off thing It's not repeatable Our shit is repeatable our shit is so repeatable that Members have the same charts as we do without us having to even get on the microphone To promote it to pump it. We do not pump. We do not alert, but yet somehow our members Have the same fucking entries and exits That's fucking The best feeling in the fucking world as an educator when you do not have to handhold someone And then they become successful Right guys, that is the goal of every day trader the goal of every day trader It's not to it's not to be able to fucking be the quickest guy chasing being sheep You are going to see in 2021 When shit changes when things are not fucking obviously crazy anymore like like 2021 when everything was just a bye bye bye bye bye You 2021 taught a lot of people bad bad fucking habits and they are going to go broke this year Take a look at GME GameStop AMC. They are starting To go bankrupt already This is only fucking the second month They had a false sense That they know what they're doing If not, how much you make guys is how much you put in your fucking pocket at the end of the day on paper is meaningless Okay, you do not want to fucking hold a 20 million dollar win That feels so bad for some of these guys. They have a fucking 20 million dollars 10 million dollar one million dollar and today evaporated They might be down. Most of these guys are down right now. There's no way anybody who held diamond hands This week is up I tweeted on twitter diamond hands be careful diamond hands will turn into empty pockets I don't have fucking diamond hands. I don't want diamond hands. I'm not fucking here to hold this shit to make a statement I'm here to fucking trade to make money. I'm here to teach you guys to make fucking money to fucking help your family defeat yourself Fucking make the guys are telling you to hold this to send a message What the fuck? So you're gonna go fucking broke. You have a legion of broke army Reddit broke army Or you rather have reddit educated Smart army that is going to change the fucking world Being broke does not help the cause Learning to trade learning the system learning to become a suit learning to understand what the suit is doing That's how you fucking break the system and they did that They broke the fucking system, but But they're they're missing one capacity They do not understand that stocks are not like bitcoin You the stocks they can put out an offer anytime like sndl These guys were fucking buying 1.7 billion dollars. I mean shares. I'm sorry more than that Yeah, more more than 1.7 billion dollars of sndl yesterday. Why is the stock not going up? Because on the other side some guys selling 300 million dollars worth of worthless paper to them It's a worthless fucking company. These companies can dilute and finance themselves any way anytime they want So It's so simple. I'm telling you right now, man. You think they need a filing too short They'll just fucking shorten on the fucking open market Then they'll cover back on the back end with an offering You guys understand how this game works, man These guys control the institution They are using you to pump a dump You think you're fucking wall street with gme game stock you only fucked one heads fund but that heads fund has an army itself you see fucking uh You see citadel come in you see steep colon come in and help them out They're all friends, dude, and then when you're pumping silver Silver the next fucking play citadel owns five percent of fucking silver The whole slv They're the I think they're the fifth largest holder or some shit. They hold huge Whatever the percent is they know what I think I tweet is so you're helping the institution. You're not squeezing anybody And notice what happened now guys Robinhood Robinhood Has now financed itself and allow you To start buying again these stocks are tanked and look what happened today. They let you buy so that they can shorten the fuck out of you Jesus guys that what you guys understand There is no fucking You're not killing the system the kid the system is killing you they're using you All of a sudden Robin Hood says you can buy fucking all these shares you want And what happened today everything fucking tanks Because they want you to buy their shit that they're fucking shorting The shit that they're selling to you This is not bunch of retail guys taking the stock Actually it is It is i'm sorry. This is the retail guys getting panicked out they're getting margin called out or whatever the hell it may be That's what I meant Think about why all of a sudden they let you fucking buy as much shares as you want of these stocks They let you for a reason they stopped letting you buy it and it crashed That's when You had the advantage and they killed the advantage because they own the infrastructure They're all fucking friends guys We are friends with a bunch of broke-ass motherfuckers who became rich for one week Now they're broke again And I keep telling everybody Before even booth remember I keep telling you you only need to get rich once You only need to get rich once when you're fucking rich lock that shit up The guys are up 20 million. They should at least lock some up I don't know they're up anymore What they did correctly though, they didn't add on the way down if you add it on the way down you're smoked If you had a hundred share dollar share average And then you saw the shit go to 500 bucks and you're like, oh, please drop to 200 I would go all in That's how greed happens You're like fuck. I should have went all in. I should have went all in Then I keep going up and then you're like, I'm waiting. I hope it drops So everybody out there is hoping game stop drops hoping amc drops because they are now ready They fucking borrowed all their money from their family and friends to wait for this dip And when the dip came they got murdered This is how the game works guys AMC came out with a one dollar price target yesterday One dollar price target, you know what that fucking means? It means all their fucking hitch fund motherfuckers Are going to hammer this motherfucker down to five bucks It's now going to hit dollar because they're going to cover all the way down But they're not going to you know, they put a dollar so that they can fucking cover at five bucks These these these games you guys are playing You guys are playing fucking Peewee leagues and these guys are in the fucking NFL with the best fucking team money can buy and if they lose They they are the commissioner of the NFL. They will change the rules All of a sudden you're like, wait, I thought it's four down. You're supposed to punt Oh, no, no, we we made this new rule that now this guy has five downs And we made the field go much bigger so that he can keep the fucking ball in the field go You don't understand they fucking and they go they go, oh You're gonna sue me. Did you read your fucking contract when you joined fucking Robin Hood? Did you read the fucking fine print? Did you read that 25 page in fucking two fought little tahoma two fought? You know sighs You're fucked. You can't do them. They have a fucking contract in there that you signed They said we can fuck you anytime you want and we'll continue to fuck you. Do you agree sign here? You signed you're fucked In there it says you can't sue them It's there. It says they can change anything to to save the company So they're using the excuse of liquidity or not liquidity pick one But they they they they basically got fucked and they changed the rule but they did not change the rules guys. They change They basically let you be aware of the of the rule You are now aware of how they can do this. I've seen this happen all the time They stopped trading. This is called a halt When shorts get fucked they call the sec friends and do a fucking halt And so these stocks a lot of these stocks went up to a hundred dollars from like a dollar Next thing they get halted for more information And then you wake up fucking you went from a hundred bucks down to two dollars They own the fucking system. They own the game. They are the commissioner of the nfl You just i'm My goal is to become a fucking franchise owner at the nfl. That's it I'm not gonna fucking be the guy writing the rules I'm just gonna be a little guy happy to fucking be owning a franchise or being allowed in this stadium I'm okay with front court side seats and front row tickets, right? So how does this help you guys This taught you guys a valuable lesson in life number one Money don't mean shit unless it's in your fucking pocket You kid you just you just woke up and a lot of the problem is a lot of people do not understand That stock can go from five hundred dollars to a hundred dollars like that And the next day next week is going to be under a hundred bucks He's going to be fucking by next month. He's gonna be forgotten He's gonna go right back to 30 40 bucks People do not understand that people go how could that possibly happen? First of all The stock Game stop amc is a worthless company. It's a worthless company. There are no fundamentals behind it. Those companies were about to go bankrupt The pandemic made them bankrupt. When's the next time you're going to go to an amc movie theater? Why the fuck are you take a look at the chart of amc amc? They ran up to a price point before the pandemic happened Even if you fucking invested you're like i'm a long-term investor amc When's the next time amc movie theater is going to come open? When's the next time a game stop you're gonna go into game stop and and and fucking trade out your fucking video consoles It's all done electronically now. These there's a reason why these companies are being shorted down You you they did a fantastic job with short squeezing But these short squeezes never never ever keep going up forever It gets to the point where everybody dies and then that's how the top happens I keep telling people all the time the top happens on a short squeeze When the major guy that holds the most share gets squeezed and cover When melvin covered when you saw melvin capital go bankrupt they covered They covered that was the fucking top The moment they fucking covered Down down down down down every fucking day and these guys are buying today $200 150 whatever They're like, oh it's so cheap But then they did not expand their time frame out Look at the fucking time frame these fucking banks Have a longer time frame than you I keep telling you the markets Can remain and will remain irrational longer than you can stay solvent How do you make money now in this market guys? Education now you just got a big dose of fucking education. I've seen guys going from fucking up big to down big to near bankruptcy Same thing for hedge fund guys. So suits have learned how to stop this bleeding Think about this guys These suits have been in the game for hundreds of years They they pretty much figured out the loopholes and all that shit. And so now Wall Street bets uncovered A major loophole and they took advantage of loophole. You don't think these guys are smart. They lost money now They're gonna plug the loophole up They're gonna plug that fucking loophole up Meanwhile, you guys are sitting on the fucking sidelines holding your fucking nuts Praying this shit goes and keep calling yourself diamond hands Your fucking diamond hands. This is gonna be fucking cubics and coney hands soon worthless Learn guys learn. They want you to be diamond hands as a day trader. I love this action I love this action Okay, so if you're if you are so how do you take advantage, dude If you are a long biased trader mean your betting stock goes up you trade on the front side What we call the front side, you know what the front side is join m. I see we'll teach you But point is there are times of a stock play that is advantageous Too long and there's other times advantageous Too short gme. I did not even short One share until this week On the back side of the move. I shorted it 150 points from the top I think was 277 bucks. Whatever it was a I short. I did not try to cherry pick the top I let the top form Let it tank make sure That this shit was dead Then I shorted it we call that a lot of meat. There's a lot of meat on the bone left guys I don't need to eat the whole fucking steak and throw up I'll eat the fucking juiciest part of the steak Give the fucking fat and all the crap. I don't want to someone else And let the diamond hands chew on the worthless bones Okay guys How you make money once again, it's not too late to make money a lot of times the secret is not to touch the main stock I'll give you an example You go to a club You do not hit on the best looking chick I the best looking chick always has a bunch of other girlfriends with them You just be friends with the hot chick And then The other chicks will fall in line Same thing with game stop That's why we use this analogy. It's kind of sexy when I apologize, but this is you know So games are I don't you don't touch game stop you touch the other stocks It's much easier to trade the other stocks all the pros Are trading games off all the pros are trying to hit on the hottest chick at the club Here we here I come in with my little fucking you know Cheetos bottle service and some guy comes in with a big old 1942 and he thinks 1940s is a shit and then another guy comes with a Dom Perignon, you know and another guy pulls up on the on a fucking yacht and then all of a sudden The owner comes out, you know, like you don't fuck those kind of you know, you don't compete in that department, right? So that's why we have a concept we call the sympathy play the side chicks Or could be a side guy you can sell whatever you want. The point is this there are These are the tactics if you want to trade and make money It's not cool You know people always say hey, did you get trade games off? No, but I made a shit little more money from another stock Without any risk You know the guys are getting they're getting fucking that talked about games off or the fucking guys are amateurs the professionals use game thought as a as As a fucking guide as an index Okay, game stop goes up other sympathy plays go up game stop dies all the other play dies And it's a more safe bet to trade the other to do short the other stocks because The other stocks went up with no merit only went up because of a sympathy from gme game stop Right guys and look at what happened today Look what happened to that game stop died Our old small cap market is back I'm like holy shit. I have normal plays now Not just plays based upon wall street bets How am I able to go back to my rhythm? I talked to every fucking stock today guys take a look at twitter every fucking stock The process works guys the process works. This is what we teach. I'm in a way. I'm glad this shit is over I could go back to my boring ass daily routine No more excitement. My excitement is what kills you I'd rather be rich and bored as fuck at work Than to be exciting and risk my livelihood Once again, how would you make money on this? You make money because now you've been exposed to The harsh reality of how trading is This is a wake-up call for all the kids in the fucking basement of their house With and never had a real job in their life the moment they get a real job They realize how hard it is to make a dollar Working minimum wage all fucking day slaving to make 100 bucks And then the government comes and takes fucking half of that shit for taxes Now you're left with 50 bucks. You're like holy fuck life is hard It's the earlier you get the dose of reality The less money you lose guys So all these kids trading games on Don't look at that as a loss. It's either you win or you learn Those that don't learn go broke So learn guys the fact that you're here means you want to learn you've just seen the craziness of the market This is how I became successful. I got scammed When I first started trading pay stocks, I got scammed I saw all the fucking pr come out press release. I believe the cure cancer Holy fuck this 20 20 cent stock is curing cancer It's only 20 dollars. If this shit goes to 100 bucks. I am a billionaire Diamond hands motherfucker And then next you know that 20 cent stock went down and down and down And next you know, I'm fucking owning. I have to fucking follow a 4-4 because I own a percentage of the company You know, I have people scamming left and right And I got educated real quick guys I got educated real fucking quick. That's why every stock to me is a scam I treat every stock as a scam. I'm here just a nail and bail bang the fuck out of that shit and leave You know Though I mean fuck dude, if you want to fucking have a steady relationship in stocks Bang the fucking wild bitches The stocks not the bitches while stocks and then you invest in fucking real companies like amazon You know companies like amazon google Those are the fucking boring ass bitches But then you look at the boring ass bitches. You're like holy shit The past year the boring bitches is like keep consistently going up All right guys any questions I want to bring one guy on has been a while since I bring anybody on Is anybody want to come on? Otherwise, we'll we'll end in here education guys Take a look at the twitter today and post it back back in action, man. We're back You know, I love this now. I love all this shit ending because you know what man to be honest Everybody's attention went on to gme and amc Now it looks hella easy in hindsight, but at the time it's not easy And so you lose a lot of opportunity costs So by trading these fucking stocks, I could have traded like all these other easier plays You know, so so a lot of times it's opportunity cost guys, but it's fun I I mean for me. I knew that. Hey man, even if I don't make money It's fucking fun. And so if I've already I've already a lot of that But then when I think about it's kind of stupid. I'm gonna make money I'm not just a fucking have fun. If I want to have fucking fun. I can have fun after hours, right? So people that say they want to have fun bullshit There's many ways to have fun But when you're fucking up a million bucks when you're up a fucking hundred thousand dollars when you up 10,000 dollars And then you lose it. It's no fun guys All right guys. We'll see you back in the fucking room guys This is a big ass wake up lesson for everybody back to business Learn guys. This is not too late. A lot of the people are still getting two stocks right now They are wanting the next big play. Let's fucking take advantage Of this volume Take advantage of all this because now you are educated, you know when to buy When to sell and not get duped into believing diamond hands is going to make you rich Diamond hands made a handful of guys early guys rich the rest of these diamond hand motherfuckers Are now fucking armless No fucking legs left. They're about to fucking pond their legs. They're fucking walking on their asshole right now All right guys