 I do these recaps every single Monday but whenever there is like a really big lesson or a lesson that I think a lot of people could learn from I'll usually do it and it turns out it's usually on Fridays right because it's the end of the week and I like to recap the week so I want to talk about some stuff before we get started so we released a brand new course right it's called the MIC Jumpstart Accelerator this course was created to take someone who doesn't know anything about trading to placing their first trade in just seven hours right so you're gonna have the foundation curriculum syllabus order content everything that you need to be placing your first trade without any experience the way to access it is to go to myinvestingclub.com slash jumpstart or to text Tosh at two one three four five eight five nine nine seven we have a special promotion going on right now for it we're doing you know I'll just let Tosh explain the promotion so if you're interested text Tosh or go to the website myinvestingclub.com slash jumpstart that has a nice title right there is that James so let me kind of get started right let me get started so where can I what I want to do guys is I always like to walk you through my process for the previous day so then you guys understand what it is like coming into the market on a certain day so if you know me or if you're at MIC you see that I'm there 24-7 I don't really take breaks I don't really take vacations I'm the type of person that works his ass off now so that I don't have to work when I'm fucking 30 or 40 years old I'm gonna do it now while I'm young and have the energy I don't really take days off and I don't really stop I'm 24-7 right 24-7 so sometimes it takes real world events to push me away from trading so it was my brother's birthday yesterday he turned 24 years old and we threw a house party for him at my house right so we had a bunch of friends we had a bunch of drinks we were hanging out it was a great time man it was a great time hanging out with my brother because my brother is the same way as me he doesn't stop working either so I told myself that the only way that I'll be able to have fun at my brother's birthday is if I take the day off from trading the next day so that I could drink I could party I could be hungover I won't care about making money I don't care about so I walked in with the mindset that I was gonna take today off right so I drink I got fucked up I'm pretty sure I threw up at the end of the night like it was it was one of those nights right so I'm crawling into bed I'm going into bed and I'm telling myself I am not fucking trading tomorrow I'm gonna catch up on all the sleep that I've been missing I'm gonna use Friday to relax eight thirty rolls around and I don't use any alarms I don't do anything like that purposely I let my you know how much I want to not trade today I let my phone go to zero battery right I'll let it go to zero battery so just in case if I woke up early or I woke up in the middle of the night that I wouldn't know that stocks are moving or I wouldn't know what time it is so that I wouldn't be tempted to start trading so I went as far as even letting my phone die at night to make sure that I was not tempted to trade today 830 rolls around and I go to the bathroom I get out of the bathroom and shit and I'm telling myself you know what let me just turn on my computer let me let me see let me see what's happening let me see what's going on and if I hate to say this man but like when you're hungover and when you're not feeling good you want to do fucking nothing so believe it or not being hungover today actually helped me man it actually helped me because I want to focus on the stocks that required the least amount of work right I was so hungover that I didn't want to work today I was so hungover that I didn't want to trade today I didn't want to do anything today but as soon as I sat on the desk I felt at home right I felt comfortable I felt like I was where I needed to be so by being hungover I used that as an indicator to tell me which stocks are going to be the easiest stocks of the day so that I could do the least amount of work and go back to bed as fast as possible so you have to be honest with yourself in trading you have to be honest with yourself in everything and today when I woke up I saw a lot of stocks moving I saw pH IO moving which was a hot chick of the day I saw SNO a moving which was a hot chick of the day and for me for me I was like these stocks are too fucking hard where's the easiest ones where are the low hangers what is HX doing right what is AB IO doing right what are the stocks yesterday that tanked what are they doing today or what are the stocks yesterday that popped what are they doing today HX gap down so my plan was to short of bounce on HX if we got there AB IO did a parabolic move yesterday it went from like $5 to $21 and today it gaps down from $21 to $13 that to me says that there's $7 worth of bag holders right so 14 15 16 70 18 19 20 there's $7 worth of long bag holders in this stock that are now down fucking 40% right and what I've learned about trading is that whenever there's that much bag holders above whenever the stock is that weak the next day any type of sympathy relief pop any type of dead cap bounce is something that I want to short in the morning so my plan on AB IO which I created at 9 in the morning when I was trying to get my shit together is I posted it to everyone in the room and I said my plan is to short a pop towards 15 and scale every dollar higher up to red to green using 30% size so let's do some math right let's do some math if my max size on the setup is 20,000 shares well let's make it even simple let's make it 10,000 shares let's say my max size on the setup is 10,000 shares 30% of that is 3,000 shares if I'm starting at 15 if I'm starting at 15 and my plan is to scale every dollar that means I have 16 15 16 17 18 19 and 20 basically right so what do you do is you take those numbers you divide it by the 3,000 shares and that is how I was going to scale on the way up slowly 500 shares at a time at every dollar right but when the stock confirms when the stock breaks down when the stock is under view app when every single pop is failing that's when I want to size in larger because the trade thesis is working so again my plan was to short 15 it hit $15 on the dot I shorted some at 480 I think it was and then as it failed as it continued to go lower I added to my winner lower right I added to my winner lower so I went from shorting at 1480 to shorting more at 1460 to sizing in at 1440 and before I knew it the stock tanked $2 a share and I was up 28 grand right I used 14 13 14,000 shares right my max size on that setup was 20,000 shares because it was a low hanging fruit so let's talk about why I was so confident in that setup so there's a bunch of setups that we teach in MIC we teach long buy strategies we teach short buy strategies the long buy strategies are the first bounce or view app or claim the short strategies are the death line low hanging fruit I'm plenty of other things so for me I've realized that the first red day and low hanging fruit are the setups that have been working the best for me so whenever I see a low hanging fruit or whenever I see a red hit first red day I am more comfortable using size because I have proved to myself that there is a significant amount of edge on those setups and it makes me more comfortable to size in on those so here we have a stock ABIO that ran up on Friday and that ran up on Thursday that went from $5 to $20 I personally walked away yesterday at 1030 which allowed me to not be squeezed at all on ABIO which allowed me to not be stressed because I stuck to the rules yesterday because I walked away at zombie times because I was able to not be stressed and not be stuck on that stock today coming into it I didn't have some preconceived notion I didn't have FOMO I didn't have any of this stuff I was basically sticking to the process and what the process tells me is that if that low hanging fruit ABIO tanks and bounces on SSR that to me is a high probability setup that that short is going to work out additionally additionally we had two hot chicks on the day we had PHOA or PHOI and SNOA now you have two of these hot chicks taking the attention away from the stock yesterday which is causing these long traders to sell their stock for a loss and put it into the new one put it into SNOA because that's the hot chick of the day so while all these new stocks are taking the attention away I am focused on the stocks that are broken the stocks that moved the day before and while they gap down 20% 30% it's still bounced enough for me to make $2 a share on it and that's the thing that's the thing that you guys have to understand this is a very very important recap because this shows you the power of sticking to the side plays when there is a hot chick hot stock around if I was trading the hot stocks of the day I would have been so stressed and I would not have focused today because I was hung over because I had a headache because I felt like shit I want to find the stock that required the least amount of work the stock that required the least amount of work was the low hanger the stock that was broken the stocks that required the most amount of work were the day one hot place and sure there's going to be a lot of people that post big money numbers nailing the day one place good for you fucking golf clap good for you cuz recognize that that is not a winning strategy long term yes you could make money shorting day one stocks but do you want to make money with stress or do you want to sit on your ass and make a trade that anyone can make that is low stress high probability and for me I made that money in 20 30 minutes here I am walking outside here I am being able to enjoy my life and after this recap I'm gonna go right to sleep because I feel like shit and that's the thing that I want you guys to understand that's the reason why I made this recap today is I want to show you that even if you are hung over even if you are not feeling good what matters is the process right I am sticking to the same process that I stick to every single day I focus on the broken stocks and I short the bounce on these broken stocks I am not shorting these stocks as they're going higher I'm not shorting them on the way up what if you're shorting them on the way up that is a losing strategy you're gonna get a bailed out the one time you don't get bailed out bye bye won't see you anymore won't hear from you anymore nice knowing you cuz so what I do is I focus on the broken stocks I focus on the stocks that are so easy that anyone could do it and when it's that easy when I have that much edge I want to size into it so that's the main thing that I want to talk about today also it's kind of crazy because I'm sticking to the process every day for those of you that are in MIC for those of you that are watching these on YouTube I am doing the same thing every day it's probably fucking annoying hearing me say the same stuff over and over again but that's what works I'm not gonna say other random shit just for the sake of saying different shit because what I'm saying works I am proving that it works I am showing you guys that what we are teaching what we are educating in MIC is what is working I was able to make two hundred forty nine thousand seven hundred dollars in the month of May which fucking blows my mind right it fucking blows my mind but the point is not the money the money happens after the process do you notice that every single day I am sticking to the process and that is what is yielding to the money so that's what I want you guys to understand I want you guys to understand that it is not about the money it is about the process of getting there we have these winning strategies guys we have these winning setups it took me about I swear to God I swear to God it took us to lose hundreds of thousands of dollars probably five hundred thousand dollars combined to learn the zombie rule it took us fucking another fucking couple hundred thousand dollars to learn that death lines are the ones that work it to teach us all these rules all these regulation all these sizing things right we have made every single mistake in the book for you I fucked up more times than you guys have any idea but people forget that this is year six and a half of my journey people forget that for one year I lost money for the second year I was break even year three I started to make a hundred dollars a day and by year six here I am pulling a twenty eight thousand dollar day so I want you guys to understand that the process works what we teach works the strategy works it doesn't just work for me it works for the members you go to my invest in club.com slash testimonials you can see testimonials of our members using our strategies to make money what you have to do is you have to judge what the community is doing if you have this guru you have this Furu that's making 40 grand a day 50 grand a day he's on a 79 day winning streak okay what about his thousands of subscribers what about these guys that are losing blowing up why do you think that no one else has testimonials like we do it's because they pump and dump guys they pump and dump if you have voice alerts screen share alerts text message alerts email alerts forex signals you're being scammed guys believe me now or lose your money I don't really give a shit but I'm telling you the truth judge someone to buy the success of the people that they teach my success is great sure it can motivate someone sure I made a lot of money but forget me look at someone like James Faye com diesel people in chat like Kevin there's so many people guys there's so many people in our community that are making consistent money and it is no coincidence that the people that are making this money are watching the content are watching the jumpstart accelerator are participating in the webinars guys everything is there for you all the resources there are there for you and as you can see as someone that has been training for six years as someone that has not taken a day off as someone who is still fucking hungover is showing up to work that is the work ethic that you guys need guys I have no reason to be working today right if I didn't work today I would still end the month plus 220,000 great amazing but I didn't show up just for the money I showed up because the love of the game I love this guy I really really love this and if I didn't love it I wouldn't be out here making these videos I'd be in bed I'd be fucking dead I'll probably be on a fucking island sipping fucking my ties or some shit like that but guys I am here every day every week showing you guys mentoring guys letting you guys know that this fucking works and this fucking works I'm showing you if it works so why the hell are you not sticking to it I had a guy on Instagram DM me yesterday and he DM me a week earlier so he DM me a week earlier and he said hey man I want to learn how to trade is am I see the right fit for you I mean the right fit for me I sent him a message and I said everything that we have to offer and I told him yo try for a month worst case scenario you join for a month you watch a hundred videos and the amount of content that you absorb will pay for that membership fee and if you don't like it it's only 200 bucks try for a month right try for months see if the content is good he doesn't join he messages me back a week later sorry Alex I'm down 70% of my account now can you please help me now and I said wait you're down 70% of your account in a week and all you had to do was pay $200 for the month which is significantly less than what you fucking lost trying to figure out this shit on yourself and now you come to me now you come to me after you lose 70% of your money because you didn't listen so don't be one of those guys don't be one of these people that is too arrogant to fucking learn man if I'm telling you that you have to pay $200 a month $6 a day and you learn the ability to make $100 a day guys think about that think about that but it's alright it's alright we only want hard-working people in MIC there's people that I've joined that I've asked for alerts I've kicked them out there's people that I've joined that have been disrespectful I kicked them out so what I'm trying to tell you guys is MIC is the elite right we are the elite guys those are watching these videos are the fucking sharks in the water those that are following the pump and dump stuff are the guppies so who do you want to be right what do you want to be so that's kind of what we're here for that's kind of what I'm doing I can't wait to kind of go back home and go back to bed because I'm fucking tired man so I'm human too I'm fucking human too like sure I made all this money sure it feels good but to be fucking honest all I want to do is go to bed because I feel like shit the whole fucking street is wobbling right now right and it just goes to show guys that if I am able to do it I'm able to do it you can do it too but recognize that you will not be able to do it in a day you will not be able to do it in a week I've been here for six years ask yourself are you this serious about it are you committed to working one two years of your life learning so the next 20 or 30 you never have to work again everyone says they want it no one fucking does though any questions guys let's open it up to a short Q&A also guys again we have a special promotion going on for the jumpstart accelerator so if you text Tosh the word ABIO which is the stock I traded today he will give you a special discount on the jumpstart accelerator so that's at 213-458-5997 text him ABIO for a discount or a promotion on the jumpstart course so let me go through these questions how much money I start with I blew up a bunch of accounts and the last account that I had I sold the rims on my car for $2,000 and that's where it all started grew that 2,000 to 10,000 grew that 10,000 to 30,000 opened up a new account and then slowly started to just get it from there how much was the locate for ABIO I think it was like 10 or 15 cents a share thanks say glad you like the haircut I'm trying like a new thing my friend Dan who's a doctor cut my hair why I leave SMB I have a video called my new trading journey on YouTube where I talk about that so you could look go to youtube.com write my investing club my new journey and you'll see a review of me making 160 grand on the month and the the reason why I left SMB capital isn't SSR a red flag usually yeah it's usually a red flag but it just means that a stock is a lot easier to manipulate potential zombie candidate how do you find out usually potential zombie candidate is a stock that has rotated its float multiple times usually a stock that has SSR usually a stock that is easy to borrow and usually a stock that is holding above you what is the minimum account you recommend to start shorting with what I recommend before you fucking open an account is to invest in your education to pay for trade for a month to prove consistency to prove an edge and then you can open up an account what a lot of people do is this guys a lot of people what they do is they open up a $30,000 account with Cobra they put $20,000 of that account into Amazon and Apple and Facebook so that it grows while they are learning while they are learning while they are paper trading and then when they are ready to trade they use the remaining amount of money to trade with so again there's a bunch of tips there's a bunch of tricks that you could do but the point is that number one invest in your education number two paper trade and then number three you have the ability to go live I don't understand why people are trading live without education I don't know why people are trading live without practice even a doctor has to practice on a dead body before they practice on a real body what are my personal goals for improvement my personal growth goals for improvement is to do less right it kind of fucking sounds crazy what more can I do I want to fucking do less I want to focus on less stocks I instead of splitting up my focus into multiple stocks I want to only focus on some another goal of mine is to be able to take more vacations I work fucking 24-7 I don't stop working so I know that being a vacation will help my mental sanity so I'm just doing stuff like that guys I'm trying to do stuff to help my mindset to help my brain to help me improve because trading is a game mindset and right now I'm starting to lose my shit I'm fucking tired so I think I'm gonna end it guys I'm sorry I'm just really not myself today I'm hungover I'm tired it's humid out so I'm gonna call it a day again we have a special promotion going on for the jumpstart course text Tosh AB IO for a special promotion special discount we have a promotion going on for only two more weeks so please take advantage of it and that's it guys thank you for coming thank you for joining I promise I will get to everyone's PM soon but I just need to go take a nap right now so thank you guys