 Hey guys, what's up? All right today is January 14th 2019 and we have another bow daily recap that is absolutely phenomenal today We talk about how we spotted M bot as a long and 408 by long signals off the first but ounce strategy We go into technical analysis on lines how to draw the lines how to find resistance and how to find support Bow also does a special PED live trading session. It was awesome All right guys, let's get into it. All right guys today is Monday Jerry 14 2019 and M bot and BOT is running like crazy crazy Did we know it's gonna hit a bus hell no But we knew it was a very low float that it was the only small cab runner around And it was the hot chick of the day. So let's figure out. Let's go through the steps That I always go through when I'm researching. So the first thing I do is I look at my scanner in the morning Better. Yeah, I'm looking at I wake up later than most people now. I wake up at 4 a.m California time and by the time I brush my teeth go to the bathroom, you know, do I need to do? I don't I don't come in until I 440 Lay around check the news in my bed, you know, just that kind of stuff And then so I get on the I go to the M. I see insured enough Everyone's posting about and by because what's great about these about M. I see is there's people around the world So holy crap stinking where are my by orders my by orders will be around here guys 670 680 why not right? Let's put a fancy order down and if it just hits that would it should jump right back up But anyway, so I want to wake up There are people all over the world in there people in the East Coast already up way before me Alex gets up at cheese Yeah, six o'clock his time Which is 3 a.m. My time that's what I just come back From going out with my buddies, right? a lot of the times but um So it's great. I use the chat room guys use the chat room as a scanner. I mean If the stock is in play people will talk about it, but sometimes You know, I remember what I said guys today's hot chick Becomes tomorrow's low-hanging fruit So I like to trade what I call the low-hanging fruit Which is not the necessary the hot chick of the day, but the easier stuff So we'll get into that such as just such as FTK This was the easier play But we'll talk about that so let's talk about the mbot first so Once again, I'm doing the same thing. I'm always doing guys This it's basically I compared to like a routine of an athlete like a golf player You know, you know you get up into your stats You do the same routine over and over and then what when you screw up is when your routine gets changed So if you're having a that bad day if some personal stuff comes up Fighting with your girlfriend. You have a troll. What whatever the reason may be just When you're not feeling it you have to be very very careful that your emotions don't get the best of you Because once you break your routine, it just all goes out the window, right? So I try to keep to form I call it routine as best as I can every day So you do the same thing every day. So training starts before you even get to your office Trading starts the moment you open your eyes in the morning the same routine such as waking up at the same exact time So I've trained my body I mean body doesn't look like it's been trained, but it's been trained for training. It's not been trained for athletics It's been trained for for training and for alcohol consumption, right? But um, so I've been trained for like 20 years my body So I do I wake up before the alarm clock wakes up I'm not joking a lot of times I wake up with alarm clock Because there's a bile off. There's a there's a clock inside your body. There's there's a word for I forget man your Card Asian Clock card. It's card. It's card shit man. What's that word guys? Cardesian clock. Let me see the best friend is the Google card Just type in what sounds like it'll come up here Cartesian clock Cardian here this thing here So you can read it. So basically it's your body. That's why you get jet lag guys You get jet lag because your body's used to a certain time. And so it's just your inner clock gets all screwed up. So Yeah, carcadian clock. Yeah Is your rhythm yep, so In my brain still working a little bit, but uh But that's what I'm saying man trading trading is even before you even click a button, man It's it's it's training your body your mind your spirit to to do this because waking up early is tough Man, we're gonna every day is tough having so if you have the same routine it makes them Very easy much easier. Not very easy. That's the one word. I was like much easier to do I mean at 20 years I train my body wake up at this time and it's just like dude I'm a zombie, but I still wake up The days and so it's hard for me on the weekends because the weekends I can't even like wake up Late and I'm waking up. I'm just checking my my coach I'm just reading the news whatever it is. So, but you know what man? I as an athlete I call this I call this a you know, we are athletes of day trading So you have to get your body into this, you know, you mind your spirit. So Have a routine guys. I'm telling you the routine helps me Even a stupid routine like this do I go to the bathroom my bowel movements not VAO, but bowel V-O-W-E-L my bowel movements are Fucking blue sink man. I can I can like go to the I go to the bathroom and same exact time our every day in the morning My bowel movement exactly, you know why cuz I'm like, dude This is a this is a pro tip for you man. You don't want to fucking take a dump or pee in the middle of the trade so you want you want to have that system in so now I I Before the before 10 30 dude, I don't I sit in my chair. I make sure all my Insides are clean. So I do all that stuff. So I have a written That's why it takes me like 40 minutes to get to my office, right? Because I'm like in the bathroom checking the news. So during the bathroom time I'm checking what stocks are up and doing my research. So, you know, it all it's my routine You make your own routine the way you did, right? so So you basically so so the kids out there that are starting this have a routine guys It makes it easier. It's just like it's just like it's just like working out, right? You have a routine and so and and so my routine I'm gonna talk about I wake up You know, I go to bathroom. I do all that stuff. I eat I drink I actually don't eat because I'm scared to go to the bathroom. So I don't really eat until I'm done trading Which should be around the zombie hour at the least but right now I'm doing the day recap So I you know, I have a bottle of water ready for me but I am a just I'm just like a machine dude I'm just here to trade because The most important hour for me is the the opening hour When the market opens at 9 30 to 10 30, I am focused dude turn off my phone everyone the house is burning knocking what it doesn't but I'm like, I'm there dude. I don't I'm like fuck everything else can wait because So that's your team. So you make your own routine and my routine is I have to do so so Woody today He so I mean to do is Woody Woody Woody is Has a tab next to the name. He's a tab manager a training accountability manager. And so I So he's working with the bearer to figure out. What's the best program for you guys to learn? So he's gonna come up with some great stuff. I don't want to steal his thunder But when he's ready, he's gonna announce it and you know, it'd be awesome that so you guys will have support Not from just me not from just the mentors the moderators From other people man So we can have some sort of matching program where hey man You put in your name in a database and then maybe we'll match you up like tender But on the day trading level, right? So that's the routine man So we I kick off at stuff with Alex Alex wakes up earlier So maybe having a tab as a different time zone is helpful I mean who knows man. Just kind of try it, right? So we'll having a East Coast West Coast is help because the guy in the East Coast wakes up early You can help do the research and the guy on the West Coast Stays up later until maybe can do stuff at night. So you help each other and then you become friends You know that that that's just my opinion. I've I've everybody that's successful. I talked to you They they worked with someone They just they're not in an isolated bubble by itself, right? Okay, but anyways, so here goes my routine. I did the same thing man. I opened up my fin viz It could be anything you want, but I like this is all information there. I type it and bought I'm trying to paint a picture once again. What's going on? First thing I always look for is the float I'm like, holy crap. That's very little float dude and has a short a Quarter of the float is shorted What does that mean it means these shorts are gonna cover so one fourth of this float but 15% So I'm just taking a rough adjustment. Maybe like 400 300,000 shares 100,000 shares 400,000 shares whatever right? It's a lot of shares. I need to be covered And so the pre-market it was building building and building as you saw hindsight You know, so let me show you what I so before I even get to where did I have to do so It comes back to what I'm talking about what he so when he has a tab a bunch of tab guys and he's like, yeah, man We didn't trade and Bob because we were not prepared We did not plan this and that's exactly right man If you do not plan this all you doing is reacting and it's like you don't understand what's going on You're just banging keys. Just bang keys. And so I That's why it's very difficult for me to trade momentum stocks during the midday Because I am the kind of guy that needs to do my research I need to figure out what the lines are and there is paint the picture to understand the filings to understand What's going on? Why the stock is moving up because I rather not get involved Then I rather lose the opportunity for making money that they lose real money because I'm not prepared I Need to be prepared So this is one of my discipline things in which I do well I mean, there's I have a lot of bad habits with the habit. I have is now is I just don't randomly buy shit Unless I've I looked at the chart. I see everything that's around me. So Let's see what this news is Bullshit So I've seen the news to see what's going on seems real news bullshit But doesn't but the photo is so small doesn't matter what the fucking news is. I'm like, dude It gapped up above So let's take a look at what I do. So I look at the charts I'm a big technical analysis guy. So I like to look at the charts right away and see what's going on I'm like, holy crap, dude This thing was at 450 so already gapped way over the you know of all the resistances So that so the shorts were fucked shorts are fucked It didn't just gap a little where the shorts could hammer it back down It just do a gap a lot a gap over all of the major resistances That to me was the key. There was a huge resistance here. You see this bike keep here the last time it went up It hit three something 380 and then went down. So that would be The first resistance I need a break and already gap over that it was like over four bucks and stayed over four bucks So they holy shit, dude, this thing could have a potential to run I I'm not the kind of guy that's gonna pump this thing and say eight dollars right away I'm like, too. There's a lot of lines between four dollars and eight dollars So then that's when I start looking in the filings to figure out like is this dirty Is this dirty