 What's up guys, so today is I think Tuesday, February 5th at 12.02 p.m. This is gonna be a recap video on my trade on Tesla today. So before I get started, I wanna kinda mention a couple of house cleaning things and then we'll get into all the trading. Number one is we actually put out Tosh's personal phone number out for every single one on the internet. Basically, this is if you have any questions about MIC or any questions about trading or you don't know if MIC is the right fit for you or just any general trading questions, you can now literally directly text Tosh who is one of our head mentors and head moderators at MIC. I wrote down his number, his number is 213-458-5997. So if you text Tosh his number about any trading related questions, he will get back to you, he'll answer you and he'll even maybe mentor you if he asks nicely. So that's number one. Number two is if you're new to trading or brand new in the stock market, me and Bao, who's my mentor, put together a free trading course for a brand new trader. It's available at myinvestingclub.co. I put everything in the description as well so you guys can look there too. But shit, let's talk about today, right? Let's talk about today. So if you've been really living under a rock, you kinda don't know what's been going on with Tesla, right? So Tesla is, this is a historic short squeeze. This is one that's gonna be going down in the history books. Every single person, big guy was betting against it. There was very extremely high short, the short float was very high on this stock, I think over 20%. And all it took was just a lot of people trampling over each other to get the stock to go from 300 to 900. So that's like, imagine a $3 stock going to $9. That's a parabolic move, right? And we're not talking about a piece of shit junk company. We're talking about a multi-billion-dollar corporation, right? I think Tesla is worth like $120 billion, right? And maybe just a month ago it was worth like $40 billion, right? So these moves, although they do not happen often, these parabolic black swan type of moves are what can make or break your career as a trader. For me personally, I focus on scam stocks, right? I like to focus on short-selling scam penny stock, pump and dumps. That's where I find the most amount of edge. But maybe once or one or two times a year, we get these large-cap parabolic moves. Some previous examples are beyond meat and till rate. So let me kind of explain what happens on these stocks and then I'll explain how I executed my trading and how I got to where I was today, which was a six-figure day. So the way that these stocks tend to go parabolic is when there are a lot of shorts involved, right? So for a stock to go extremely, extremely black swan straight up parabolic, you need to have shorts that are stuck. You need to have shorts that are stubborn. You need to have shorts that are emotional in the stock. Everyone thought Tesla was going bankrupt. Everyone thought Elon Musk was a scammer. Everyone thought all this stuff until the price action improved otherwise. So it doesn't matter what you think about a stock. It doesn't matter what you think. All that matters is the price action. And if there's anything that we've learned today in Tesla, it's that you should never bet against a billionaire, right? These guys are much smarter and they have deeper pockets in all of us. And the whole move from 300 to 900 was abnormal. It was abnormal. So normally I don't really trade these stocks, right? Normally I don't trade large caps. Normally I don't trade these real companies because I find that the edge is in the fake scam companies. So why was I involved today? What was my thought process and what happened? So number one is before all this happened there was the beyond me and till raised up. So back when I was trading at S&B Capital which is a prop firm in New York, I was trading next to some of the best traders out there, right? I was watching how these professional traders attacked till right. I was watching how these professional traders attacked beyond me. And it's kind of like I was in the background watching and learning and seeing what was kind of possible when these things happened. So I'll give you an example. When till rate went parabolic to $300, the same day it went parabolic it closed at $150. Massive opportunity. The day that beyond me went parabolic it's tanked right after it's parabolic. So I always want a reference point for these stocks so that I know how to react, right? I want an example, right? Because if I haven't seen a previous example on how these stocks react, there's no possible way that I'm gonna know or learn how to trade it. So a great example when I was at S&P Capital was the till rate stock. So what happened on till rate was when it went parabolic to $300, it closed at $150, and then the next day it gapped up to $200, right? It gapped up to $200 and then went straight down. So today my reference point for the Tesla trade was till rate. So let me give you an example of how I saw confirmation. So on Tesla stock yesterday, which was February 4th, into the close it tanked $100 a share, right? In 10, 15 minutes it tanked $100 a share. That to me was the tank of till rate from 300 to 150. So now I'm thinking in my head, till rate went from 300 to 150 on its tank and the next day bounced and then tanked even more. Tesla did its move from 900 to 800 and the next day it should essentially tank more because of how much meat is on the bone. So because I saw that example when I was trading at S&P Capital, I already had the trade idea in my head. I said, this is exactly like till rate. This is the exact same setup on day two. Day one confirmed it, day two is the day you make the money on it. But I actually took a different approach, right? I took a different approach. So something that I mentioned in the Trader Clinic webinar, which is an exclusive lifetime member only webinar is the first red day setup on these parabolic stocks is my personal favorite way to trade them. I avoid the entire run up on the way up, but on the first red day, I'm bulldozing in size. So today when I recognized that Tesla was like till rate part two and was the first red day, I did something that's pretty unique to MIC. So the reason why MIC is so special is because we have so many traders of so many different walks of life, of so many different talents, of so many different strategies that I could lean back on if I personally need help myself, right? The reason why MIC was created was to be surrounded by the best traders, the best doctors, the best lawyers, the best engineers, and try to pick their brains so that together as a team we could trade properly and nail all these stocks. So coming into the morning, I already had my trade plan in mind. I already had the idea, but I wanted to take it to the next level today, right? I wanted to take it to the next level. I wanted to fully take advantage of the trade, knowing how big the opportunity was, right? I told Bow my plan, I told Tosh my plan, I agreed with it. That was a second tier of confirmation that I needed. The really big thing that helped me today was a guy named Brian and a guy named Joe. So Joe doesn't really like to be public, so I'm not gonna really mention it, but he knows what he did, but I'm gonna talk about Brian, right? So Brian is actually an MIC member that we, it's funny, the way that we kind of met. We met shit, man. It was, it's gotta be like, I think over a year ago, right? Maybe over a year ago. And the way that we met is we actually had an event at the New York Stock Exchange. We invited 10 of our members to the New York Stock Exchange, Free Raffle. One of the members that came was Brian. So we met Brian at the New York Stock Exchange at our event just by fate. And it turns out that Brian is an exceptional large cap trader, but also a CPA. So a problem that I've had in the past is that whenever I go to get my taxes done, my accountant doesn't really know how to deduct locate fees. They don't really know how to deduct anything, but here we have Brian who's a trader that's also a CPA. So after talking to him and after kind of picking his brain a little, we became friends, we became closer. And we said that there's so much people out there that don't really know how to deduct losses in trading. So many people that don't really know how to take advantage of deducting certain things. And here we have Brian that just by fate won the spot for our New York Stock Exchange event. So we decided to kind of partner up with him and create something called MYC Tax Planning. So basically if you go on our website to myinvestingclub.com, you can see the tax section. And basically this is Brian who is a certified CPA that is going to help you with your trader taxes. So that's fate number one, right? So we partnered up with Brian. Brian helps a lot of people with their taxes. He helped us with our MYC taxes. So if you kind of tax season is actually coming up right now, the brokers are going to be sending out the forms in about a week or two. So we'll do like a more detailed webinar soon. But if you want to kind of check out some of the tax planning stuff, you can go on our website and click the tax planning button. But going back to Brian, Brian is an exceptional large cap trader. Brian is an exceptional options trader. So today with the power of the community and the power of MYC, I lean back on Brian. So I reached out to Brian today and we were trying to plan our trades and I wanted to be able to attack Tesla with options today. So I saw how much opportunity there was in the stock, but shit man, the stock is trading at $900. To short a thousand shares, I need $900,000. And that to me didn't make sense, right? That to me didn't make sense. The opportunity is so big and I'm going to go in with the common stock. No, fuck that, the options are so liquid and I have a guy like Brian who's been trading options so successfully and who has been trading large caps so successfully that I humbled myself and I asked him for help today. I said, Brian, you know, I'm looking for help. Like these are the options that I'm interested in. This is kind of my thought process. This is my plan. And Brian kind of mentored me a little bit for a couple hours this morning on which options I should be focused on, how I should be attacking it and what I should be doing, right? So basically what I was doing is, you know, when the stock was at 840, the stock, what ended up happening is the stock went from 840 down to 790 at the open and bounced on SSR all the way up to 840. So when I saw that bounce, I was like, holy shit, this is a fucking gift, man. That bounced to 840 as a gift. So I made my plan with Brian. I bought the, I think it was the 800 puts and the 700 puts for expiring this weekend, I mean this week. And I basically almost tripled the amount of money that I put into it, I think. And Brian asked me how much money did you put in? I was like, I have no idea. I was just focused on the trade, right? I was focused on the trade. So today is a great example of how MIC members actually helped me today become a better trader, right? I was able to realize that Brian is so fucking talented and he's so willing to help people that I went out of my way just to be able to show him that I am willing to learn, I am willing to improve. And together, Brian fucking kicked ass too. Brian made a bigger percentage win than me. Joe probably made a bigger percentage win than me, but today I was able to lean on these guys and help me today. And that's why MIC is so poor. That's why you need MIC, right? It's because you are surrounded by the best doctors, the best lawyers, the best engineers, the best traders, the best everything, the best people, man, the best fucking people. And whenever you need help, these people are there to help you. Brian really was Brian gonna get by helping me, man. He's not gonna get a piece of my profits, but that's the point of MIC. The point of this is that we are a community. We are a fucking team, right? We're going to war, we're going together, man. And that's the thing that makes it so special because if Brian wasn't in MIC, if MIC didn't exist, there's no shot in hell I would have made this trade today. There's no shot in hell I would have had the mentorship that I needed to get here, right? So, man, that's just what I wanna talk about today is opportunities is very important as well, man. Opportunity is very important. There's maybe one or two times a year, man. There's one or two times a year that you get an opportunity like this, right? There's one or two times a year that you get an opportunity like this. And being able to realize that the opportunity was there and take advantage of it is fucking amazing, man. Like I'm telling you like, I told about today, man. And I was like, bro, I don't deserve this money. I don't deserve to be making this money. There's so much other people out there that need this money more than me. And it doesn't feel right making this money. And Bao told me something that really mattered to me. He's like, look, bro, you earned it, right? You earned it. It doesn't matter if you deserve it or not. You earned it. You put in the work and you earned it. So I don't know what I'm gonna do with all this money. I made fucking a hundred grand in a day. Sure, it's amazing. Sure, it's good, but I live a very blessed life. I live a very good life. I don't live outside of my means. I actually live extremely under my means. I could afford to live in a penthouse or a mansion or whatever the hell I want. Instead, I live in a normal fucking house and the point of this all is just to kind of make you realize that there's gonna be certain opportunities in the market that come along maybe once or twice a year and being surrounded by the traders that have seen these opportunities so many times and being able to lean on them and help you out is amazing. And not to mention, MIC is tax deductible. So if you sign up for MIC, you could deduct it completely from your taxes, which makes it free, man, which makes it free. So if you guys are noticing, I'm wearing actually this shirt from S&B Capital. It's a black shirt from S&B Capital that says one good trade. And the reason why I wore this shirt today is because I want to remind myself that all I needed was one good trade on Tesla today to be able to make it. I needed to be patient and focused and wait. And when the stock tank to $790, I did not chase it. I instead went in short of the bounce. So that's kind of something that's really important to me. I just wanted you guys to understand that part. But at the end of the day, I need a community. I need traders to be surrounded by me. I need people to lean back on. I need someone's expertise, someone's help because I'm not an expert. Although I know how to make money, I know that there are certain areas that I lack expertise in. So I'm able to ask people for help. If I need help with swing trading, I ask Tay. If I need help with options, I ask Brian. If I need help with small caps, I ask Bao. If I need help with fundamentals, I ask Brandon. If I need help with anything, I ask Oliver. So the point is that shit, man. The opportunity is there and the only way to capitalize on the opportunity as much as possible is to be surrounded by like-minded traders that actually understand how to fucking trade these stocks. So I posted up my P&L. I'll put the link to my P&L in the description of the video if you guys want to see it. But I'm going to open this up to Q&A right now. So if you guys have any questions for me, let me know. Let me see what Tesla's doing. Tesla's still fucking tanking. Yeah. So let's open up to Q&A, guys. And again, if you have any questions about MIC, you could text Tosh using this number. We have an options-basic webinar. We actually have 10 free videos on options, which are, remember, AK Wildlife created. So we actually have the options-basic series. So everything is all there, man. Everything is all there. Questions, guys. Questions. You have trader maturity. You're calm and know to go back to work tomorrow. Yeah, so I mean, for those of you that don't know, one of our members, AK Wildlife, is a successful options trader. So he went out of his way to create a free options series for our members. So MIC members, they get a trading basics DVD, which is the basic fundamentals of trading terminology. If you don't know anything about trading, this is the DVD you watch. We have a fundamental analysis DVD, which is how to read SCC filings. And we have two live trading DVDs, which are called the Trading Fish Academy and the options trading DVD. So when you join MIC, you get almost essentially, I think it's like $5,000 worth of trading education for free on top of the 650 video lessons that we pump out daily. We pump out new videos every single day. And actually, we're working on something really special right now, which we kind of hinted in the past. But we're working on something called, we don't know what the name is. It's going to be like an accelerated course. But it's basically going to be how to go from a brand new trader that doesn't know anything about trading to placing your first live trade in about six hours. So this six hour video is going to be your accelerated course in the trading in case you don't have the time to watch the other 650 videos. This is going to be available for annual members only. So yeah, guys, I mean, I like to keep these videos short and sweet, but essentially, I also want to answer your questions. Do you think the small cap market changed since the coronavirus? I think the coronavirus was honestly as devastating as it was in China. I think it was a non-event for the market. The market's back on all-time highs, so no one really gives a shit. So yeah, guys, I mean, again, days like today, I don't really know how to react. I don't really know what I should be doing. I felt so much adrenaline, and I still feel, honestly, it's just like I really just don't even give a fuck, man. I really just don't even give a fuck. I'm so numb to it all that it doesn't even matter. Everyone's like, go get a steak today. Go get a tomahawk. Honestly, I'm feeling like I want some Wendy's today. So I'm probably just going to get some Wendy's. But that's the point, guys. The point is that there's going to be certain times in the market that the opportunities are massive, and you have to have a community of people that have traded these stocks in the past so you can lean on them for help. What were my emotions like as a beginner versus now? I mean, it's like, another example is like, when you first discover how to whack off, you're doing it every single day, you're going crazy at this and that, but then it becomes like whatever. Now trading has become whatever. It's I show up, I do my job, and I walk away. Anything more than that, I screw up, right? Actually, I was actually talking to Dr. Brett Steenbarger today, who was my trading coach for a very long time, and he actually told me a really good quote today, which I want to make sure that I mentioned as well. He said, traders don't realize that trading is a performance activity, just like playing sports. Who expects to make a professional team after working and practicing for just a few months? It is very important to understand that you have realistic expectations. So think about that. Trading is a professional sport. You are a professional athlete. Just because you train and you play football for a month doesn't mean that the NFL is going to hire you. It's the same thing about trading. Just because you trade for a month and you try for a month doesn't mean that you're going to fucking get it. The point is that you have to invest in yourself to be able to give yourself the best opportunity of success. The reason why MIC is so special is because the people that put in the work, like the annual people and the lifetime people, are the ones that are consistently profitable. They are the ones making $1,000 a day, right? And that's the point, guys. You have to be able to invest in yourself, right? If $200 a day, $197, I mean, if $197 a month, you cannot afford to invest in your education, two things. Number one, trading probably isn't for you, man. You should probably go find something else to do, right? Go find something else to do if you can't afford being educated for $200 a month, or go back to fucking college and spend $50,000 a year to be educated on a job that won't even fucking pay you $50,000, right? That's the point, guys. That's the point. MIC is like less than $2,000 a year. It's a 10th of the cost of college and you're making more money than fucking college graduates. Yet you are not putting in the work, you cheap fuck? No problem, man. No problem. No problem. Go find some other job to do because if you could not afford to invest in yourself for education, this is not for you. It's not for you. Leave now. It's not for you. So that's it, guys. Any other questions? Any other comments? Am I missing anything? How long did it take me to become consistently profitable? About a year or two, it took me. But there are certain members that take them four months. There are certain members that take them six months. There are certain members that take a year. The problem was I didn't have any way to accelerate my learning curve, right? I didn't have any way to accelerate my learning curve. And that's what MIC is here for. Any other questions, guys? Invest in yourself, man. My only advice is that try MIC for one month and if it's not for you, at least you fucking tried. But instead of wasting that money on coffee every single day, instead of wasting all that money on bullshit every day, for fuck's sake, man, for fuck's sake, invest in yourself for just one month and see if this is for you. And don't be discouraged if you don't get it in one month. There's zero fucking people that become rich in one month. So invest in yourself, guys. Invest in yourself. Appreciate it, guys. And I think I'm going to call it a day. Thanks so much for watching. Have a good day. And I'll see you back in the market tomorrow. I'm sizing down dramatically. I'm wiring out this 100 grand. I'm going to put it in the bank. I want to make sure that no one fucking touches it. Have a good day, guys.