 What up? Okay, we're gonna get started here in about few minutes So if you're just joining us This is a live video and I give it about four to five minutes for everyone to kind of get in here So we'll be starting soon just turning around looking at the market seeing what's happening It was a fucking awesome day. We're gonna be talking about everything today guys So if you guys can see me if you guys can hear me leave a like on the video right now Subscribe to the channel and we will get started in five minutes How'd you guys do today? How'd you guys trade today? How is everything today? today AERC rdbx Indio, baby Let's talk about see some zombie moves happening on IMDO Best day of the month. Nice shot Short AERC according to the watch is green on the day. Go figure Awesome watch us an awesome commentary. Thanks guys. We're really doing really well in this market We're doing really well in this market So we're gonna get started here about a few minutes again. I'm just turn back looking back seeing what's moving what's happening Yeah, today was a great day So yeah, we're just being a start a few minutes here again This is a live video. So if you're just joining us, we're waiting for everyone to get in here Someone asked me if I'm still under the weather not anymore the best way to feel better is to make some money Fuck this AERC is so weak. I wish I still had some shares I covered way too early Wait, it's fucking meltdown All right I'm gonna clean up the lens and then I'm gonna get started What's up everyone today is Tuesday So normally I do these videos on Monday, but yesterday I was feeling a little bit under the weather So I didn't really make a video yesterday. So I came on here today and it just so happens I had a fucking awesome day today So I made a little bit less than nine thousand dollars a which was freaking sick, right? And I post that on Instagram comm slash my investing club and what I want to talk about today guys I want to talk about front side versus backside of the move Okay, this is a common question that a lot of people ask, you know, what's front side? What's backside? What's front side? What's backside all this stuff and the truth of the matter is guys. It's kind of for new traders It's very hard to determine, you know, when a stock is uptrending and when a stock is continually downtrending So let's start off the morning with what happened on these stocks and then we're gonna take it from there We're gonna start with our DBX So our DBX if you pull up a chart has been squeezing from like two dollars all the way to like 18 dollars and Yesterday when it hit around like 18 dollars, it was the blow-off day It was the day where everyone said, you know what this thing is going to 20 is going to the moon It's going whatever and then it kind of slowly starts to do in the lower and closed around I think it was Around 15 bucks right close around 15 bucks and you know, okay from 18 to 15. That's not really a big deal You know, okay, maybe it's just a trap whatever maybe But today there was a catalyst on the stock There was something that changed the dynamic of the stock that Turned it from front side of the move to the backside of the move and now what was that catalyst? So that catalyst today was the effect filing the effect filing So we have videos on this in the fundamental analysis series But the very easy way to understand what an effect filing means is that now this stock could dump shares The insiders the all people running the offering the bankers can now sell shares That it is effective that they are allowed to sell shares now The interesting part about our DBX is they have warrants at eleven dollars and fifty cents So with this filing that just came out They are now allowed to sell Those warrants at eleven dollars and fifty cents and every penny above eleven dollars and fifty cents is profit Right, so they've been trying to pump up the stock. There's been an agenda They've been trying to pump up the stock every single day to get it to above eleven fifty Because if it's above eleven fifty those warrants are profitable. Okay, they're profitable So on our DBX when the motherfuckers trading at eighteen dollars a share That's seven dollars and fifty or six dollars and fifty cents worth of profit, right per warrant And I think they had millions and millions and millions of warrants, okay So the agenda for our DBX is get it as high as possible Whatever number you could get it to above eleven fifty as high as possible and then get that effect filing That says alright motherfuckers now we could sell right now we could sell and what ended up happening is that stock got the effect filing the stock collapsed and Rebounded in the morning and our plan this morning was to short a bounce towards 1250 and $13. Okay, and the stock hit a high of $12 and 90 cents That's pretty spot-on right our plan before the open before this happened in the watches was 1250 to 13 And it hit 1290 so you get the perfect entry on the stock and now it's trading at $10 and 27 cents So what changed our DBX from front side to back side? It was the effect catalyst that said now they could sell stock and some of these bankers are very sketchy Some of these bankers are very shady What they could do is when they get this filing they could short the stock as well So the bankers running the deal could also short the stock because they're hedging their position It's totally legal, but a lot of these people they might know the news a little bit early So they might have been hedging since yesterday, but I don't want to get that That's like that's almost like conspiracy theory shit But point is that now our DBX after it had a parabolic move to 18 After it came down got the effect filing now instead of demand Instead of too much demand on the stock now There's too much supply on the stock and if there's too much supply on the stock aka warrants Aka profit takers aka shorts feeling comfortable stock price goes down and stock is trading down 30% today and that was a solid trade on the day You know that was actually the trade that I made the least amount of money on because I made more money on a separate trade So before I get into the big trade of the day does that make sense? Does that concept make sense and I can't believe we're giving that concept away for free, okay? Now let's talk about the next stock on the day, which was INDO INDO is an oil and gas sector small-cap garbage stock INDO was not on my radar today until it was being pumped So whenever the stock is being pumped, I like to see all right Is the pump gonna last or is the pump not gonna last in this specific scenario my plan was if the stock tanks at the open I Was short of bounce to 10. I stock tanked the 940 in the morning Went back up to 990 10 bucks and I shorted at 10 bucks and I got out at 940. That was easy simple What the fuck? Oh our dbx is at $9 and 50 cents now down 36% on the day We mentioned the effect filing at 7 a.m 7 a.m. Is what we noticed that anyway INDO was a pump that failed I shorted the bounce and made money that was a pretty simple play That was probably my second biggest trade of day my biggest trade of the day that accounted for like $6,000 of the $9,000 in profits I made today was a stock AERC So if you look at AERC, it's a very simple scenario to our dbx stock went from two dollars All the way to $18, but this was a little bit different. So This had a catalyst as well, right? So So something to go from front side to back side usually needs some sort of catalyst It doesn't have to be news, but it could be some sort of catalyst and let me explain that AERC was a stock that was you know being jammed up a couple days in a row And today was almost up to $20 pre-market and what ended up happening today's pre-market There was a catalyst the stock was downgraded Okay, and usually in the stock market guys upgrades downgrades. They don't really matter They don't really matter unless they do matter and what I mean by that is if a stock has an upgrade and doesn't fucking move Then shit doesn't fucking matter or if a stock has downgrade and doesn't fucking move shit doesn't fucking matter But this stock had a downgrade and all of a sudden went from twenty dollars to seventeen dollars So I'm thinking in my head. Okay, something's going on here, right? Maybe this firm is a little bit more important Maybe someone knows something that I don't but what that told me on AERC today was hey This stock is has a catalyst for profit-taking. It was downgraded. This stock went red on the date It could be a potential first red day, you know, it's not an A plus first red day I mentioned in the watches. It's like a B minus first day first red day But hey stock had a catalyst which was a downgrade stock went red And my thought process was if this thing bounces towards like 1650 17 this is when the stock was trading around 15 dollars So when the stock was training at 15 dollars instead of it bounces to 1650 or 17 I'm gonna look to short it it hits 17 bucks and Collapsed all the way down to 13 dollars right 13 dollars What I did really really good on this stock is I shorted 1650 and 17 it collapsed to 430 I covered at 430 you could see my fills on Instagram I covered at 430 and then I said if this thing bounces to 16 dollars again I'm gonna reshorting it bounces 16 dollars and now it's back down to 13 So I did really well shorting the high covering the low and reshorting Oftentimes what I would do is I would just short and hold and on stocks like this is now trading at 1350 Jesus Christ a stock like this I've like shit if it goes to 1430 and then bounces back to 16. I'm like oh my god like I fucked up I'm an idiot. I should have just covered and then I cover at like 1550 and then I missed the move to 1350 So what I did really really really really well today is Identify the backside of the move on the stocks the catalyst the red Whatever it may be I did very good covering on dips and reshorting bounces and then at 10 30 a.m Based on my process. I walked the hell away, right? So today was the perfect perfect perfect Example of the MIC strategy Shorting on backside walking away a zombie times, you know sizing into certain stocks, you know waiting for pumps today Today if I could have a day like this every single day I would be a fucking billionaire if this happened every single day But the difference is the market is not always so smooth, but when it's smooth, baby It's fucking smooth. So today was picture freakin perfect pre-planned executed Unbelievably perfect and hey, I left a dollar or two dollars a share on rdbx. That's totally fine It's still taking tonight 30. Oh my god or sees tanking Jesus fucking Christ. Oh my god, so Geez that's front side verse back side today was back side on everything hindsight now I should have gone fucking bigger But you know in this market environment, it's it hasn't really been rewarding to size and now let me tell you something tomorrow on any fucking bounce that these stocks have whether it be AERC going to 14 or 15. Oh my god. It's at $12 AERC going to 14 or 15 or rdbx going to 11 or 12 Bulldoze in bulldoze in bulldoze in man shit. That's some crazy meltdowns guys So do you guys have any questions on that before I continue? Man, I'm getting I'm getting fucking foam on now, bro. Shit And remember guys do not just buy these stocks or long these stocks because they're on discount a lot of these stocks are Scams a lot of these stocks are frauds So when they go down 30% 40% it doesn't means on sale it means that it's about to go down another fucking 50% from there Okay, so that makes sense guys I think today this video was the simplest fastest quickest example of front-side versus back-side and again My P&L is on my investing club.com. I mean on Instagram comm slash my investing club So do you guys have any questions again? This is a live video. So I'm fielding questions from the live audience right now Do you guys have any questions for me? What was the catalyst on AERC again? The catalyst was a downgrade and the catalyst was the stock went red Why was an avoid on dawn today? If you watch my video watch list today that I put out to members at like 9 a.m You would have found and you would have saw seen that I said that dawn isn't a void because it had an offering I don't want to short stocks that have offerings. It's already too late. I'm not gonna get involved So if you watched the video watch list, you would have seen that you probably didn't watch it Can you explain what a downgrade is Jesus go on Google man Google? What is a downgrade in the stock market? I mean come on guys. Hey, you got to be kidding me RDBX warm price that 1150 is it still dropping? Maybe they're going short guys Maybe they sold their warrants and they're going short now Why'd you say AERC was a B minus first red day and not an A plus is because I if it went a little bit higher If it didn't move to like 30 and then did a first red day, it would be even better But it didn't really extend too much What is backside trading? Do you now watch this video? Am I am I the metaverse what's going on here guys? The fuck what else? Do you trade only one strategy? No, I try multiple strategies guys. We teach multiple strategies in MIC the first red day It's just my best strategy Do you use level 2 to pick the spots on AERC? No, I use the chart the chart How am I gonna know what the level 2 is the stock was trading at $15 stock was trading at $15 when I made my plan How am I supposed to know what the level 2 is doing, right? I'm looking at the chart. The chart told me 16 50 and 17 guys All right guys, so this brings me on to my next announcement of the day So as you guys know on June 22nd, we are hosting a live trading event What a live trading event means is if you are an MIC member or if you are a success trader client on June 22nd, you get to watch me about trade live. We're gonna have a zoom webinar We're gonna have everything where you guys get to watch us trade You guys get to watch us make our plan live and then we're gonna have a Q&A So this is open for MIC members and non and success trader clients If you are a non-member then you will not be having access to this You will not get anything and there will be a replay for this for MIC members. Okay Now that brings me to the next subject is we want to do something really special for you guys is We have decided that we're gonna be raising our prices in July Probably in about two or three weeks. We're gonna be raising our prices and what we want to do guys We want to offer our existing member base a very big discount on lifetime membership What we want to do guys is for how long you've been an MIC whether you paid monthly or annual We are gonna discount your monthly and annual payments from the price of the lifetime membership, right? So this is gonna be a one week long promotion that ends on June 22nd Okay, so if you guys are interested in upgrading to lifetime if you've been here for monthly if you've been here for annual Whatever you paid for X amount of months X amount of years We're gonna subtract from the price of lifetime and we're gonna give you an additional discount as well So that's gonna be a one week long promotion. This is your chance to stay in MIC for life It's a one-time payment. You're gonna be in for the next hundred years and to me guys It's almost a no-brainer. So we're probably gonna be raising the price of lifetime to double in July So if you guys are interested you can hit us up in chat. You can text Tosh at 213-458-5997 You can email him at Tosh at myinvestingclub.com and we've actually never done this before where you get to discount your entire Membership from MIC. So let's say you've been an MIC member for two years You're gonna have two years worth of payments removed from your lifetime membership. So this is gonna be again a one week long promo The only way to access it is to hit up Tosh so we could see how long you've been a member and discounted accordingly and You know, there's a lot of people that you know join MIC lifetime and got a crazy deal Like every year we raise our prices because like a fucking price of a stock, you know Our value goes up every year. We do more things every year. So we want to be able to you know help So, yeah guys if you've been an MIC member and you want your MIC membership discounted from the lifetime Contact us if you are a non MIC member and you're interested in joining a lifetime I'm sure we could work on something as well. You just have to contact us So this is your opportunity guys and if you are a non-member if you join with the lifetime membership You're gonna be able to watch us trade live on June 22nd. So this promo is gonna end June 21st Okay, it's pretty much a one week long promo and I mean just ask anyone at MIC what they think of the community guys This is your opportunity to sign up and be here for life No more monthly payments no more annual payments one payment and you could pass it down to your kids You could pass it down to your friends. You could do whatever you want with it, right? Maybe you have a friend that wants to learn how to trade to you guys could pull it together and have one account Yeah, the one-time payment is for lifetime guys. So this is something that is You know unique we want to try to be able to help you guys We want to try to be able to discount what you guys already paid and shit Man if you already been a month a monthly MIC member for a year or two years as a pretty substantial Discount and like I said guys you could pass it down to your friends You could pass it down to your family if you have a friend that wants to trade you could split it 50-50 and Every single price is gonna be case-by-case You know if someone's only been here for a month if someone's only been here for a year It's gonna be very different pricing guys. So let me know if you guys have any questions feel free to leave a comment on this video and That's pretty much it guys So today was a solid day made a pretty decent amount of money And I remind myself every single day that you know $4,000 a day is a million dollars a year and I just made $8,000 today, which is almost $2 million a year So I'm gonna keep it up. I hope this video helped I think this is the best video that we have on front side versus back side in a long time and that's pretty much it guys So hit us up two one three four five eight five nine nine seven text us that you're interested in a lifetime Email us or if you're already an MIC just direct message Tosh and yeah Can you pull up the charts when you go over the trade so we could see all my charts all my fills all my Executions are inside MIC. I give you guys way too much gold here for free So if you want to get the extra stuff you got to join at that point man at that point you got I can't help you Right, so thanks guys. I really hope you enjoyed this video. I will see you back in the room to help the members