 What's up everyone? So today's Friday, usually I do these recap videos on Mondays, but whenever I think that there is a lesson to be learned, I'll come back on here and I'll kind of explain stuff. So the first thing that I wanna talk about is what the hell is going on in November, right? So if you guys don't know, or if this is your first year trading or anything like that, November historically, ever since I've been trading for the past six and a half, seven years, has been the month that us small cap traders make the most amount of money. So if you thought that the market was hot all year, it's really nothing compared to what happens in November. So why is it in November? What's the reason or what is it, right? So there's a bunch of different theories, there's a bunch of different ideas, but the simplest thing is to realize that most of these funds or most of these places that have losses on the year, right? Let's say a company has a net loss or let's say a hedge fund or a firm has a net loss of $50 million on the year, right? When it comes time for November, all of these small cap stocks, they start running because a lot of these funds like to manipulate and like to push them so that they could look like they are having a very green year or to be able to recover from those losses, right? So that's one theory, right? Another theory is that during November, a lot of people are kind of away or traveling for family, Thanksgiving or stuff like that. So because of that, the volume shrinks in the market which allows these algos and these manipulators to push these stocks even further. The truth of the matter is, is we don't really need to know why that it happens, we just need to observe and understand that it is going to happen, right? So I don't care what the reason is, I don't care, it doesn't really matter to me. All that matters to me is every single November, we usually get some crazy action in the market. So what happens, right? What is this crazy action and how can you capitalize on it? So normally what ends up happening is a lot of low-float stocks start going crazy. So you have stocks like ONCE, you have stocks like APBO, okay, and all these stocks, they start going crazy, right? And the reason why is because everyone loves a low-float stock, everyone loves it and it's very easy to be manipulated. So historically we've had a lot of short squeezes during this time. I think AQXP was one of them, SAEX was one of them, KBIO was one of them, I think Lake was one of them. What else? Maybe like DCIX or BLPH, BPTH, stuff like that. So every November we get a runner, right? We get crazy rubber stocks that go from one to 70 or one to 80. But this is a very difficult market, right guys? So the point that I want to emphasize is that if you are making money in a slow market and you find yourself struggling when the market's kind of getting jumpy and volatile like this, you don't really need to trade this hot market, right? You have to stick to what works for you. For me, I do pretty well on like a medium speed market. When it's not dead all the time, it's not hot all the time, when it's just medium, just maybe there's a play on Monday, no play on Tuesday, there's a play on Wednesday, no play on Thursday, there's a play on Friday. So that's kind of the market that I find myself doing the best in. If a market is too hot, there's way too many traps, way too many zombies, way too many algos that I don't really do that well. And when the market is slow, I start to screw around and I start to trade non-optimal setups, right? So if you find yourself struggling in this crazy November market, step one might be to step back, step two might be to size down, step three might just be to avoid it altogether, right? So you have to find what works for you. The past two days, we've had some crazy, crazy action in the market and I've been finding myself struggling. Although I'm making money, I'm barely making money in this market, man. I'm barely making money. If I didn't have six or seven years of this trading, I'd probably have read every single day this week. But now this is the reason why I'm coming on here is because I'm starting to realize that, okay, this is not my optimal market. This is not the optimal market conditions that I'm looking for. So I'm gonna size down. I'm gonna take it a little bit slower and I'm going to patiently wait for that big short squeeze to come and then capitalize on it when it is here, guys. So again, you don't have to really understand what the reason is for these November runners, but you just have to understand that they are coming and they are here. And if this week shows you anything, it shows you that these stocks are all fucking crazy, man. They're all crazy. Now, just so that you guys know, the week that November gets the craziest is Thanksgiving week, right? The reason why Thanksgiving week, the market gets the craziest is because we have usually a shortened week. There's usually a half day in there somewhere and a lot of people leave their trading setups or leave the stock market to go visit their friends and family for Thanksgiving. So because that the volume shrinks and these algos and these robots start sending these stocks left and right. So pay attention to Thanksgiving week. We usually call it crack week or holiday crack week because it happens every single Thanksgiving week, guys. So that's number one. So if as long as you guys understand that, as long as you guys could kind of pay attention and realize what kind of market you do well in, that gives you the ability to really refine your process the right way. So again, in a super, super, super hot market, I struggle because I start over trading. I start trading based on FOMO. I get too patient and I get too greedy. In a medium-sized market, I know that the action is a little bit slower which allows me to really think more because if there's stocks moving left and right, my brain just can't compute all the action that's happening, right? So find what type of market that you are good in and stick to it. Do not feel like you have to trade every single month or do not feel like you have to trade every single day. It is okay to take a day off, a week off, reset your brain, let the market do its cycle and then come back when you are ready, guys. So do you guys have any questions about that? Check these stocks real quick. What kind of market do you guys see yourselves doing well in? Are you guys doing well in this market? Are you guys doing better in a slower market? Maybe leave a comment and let me know what you guys are doing really well in. So yeah, FTCA. So let's talk about some trade or the cap straight, right? So I wanna talk about some good ones and some bad ones, right? So let's talk about the good ones first. So KXIN, KXIN was a low hanging fruit which means it was a stock yesterday that tanked that gapped up today on no news, no volume, I mean on no news, just basically bullshit, right? So anytime I have a low hanging fruit like that, those are my ideal setups that I wanna size up on because yesterday the stock was broken and today we had a dead cap bounce. So I want to be shorting that dead cap bounce. Stock went up to VWAP. I had it on my watch list around like a 420 line and I ended up making a little bit of money on it but I know that James made a lot of money on it because he was really focused and he knows how powerful the low hanging fruit was. So that's number one. ONTC was another low hanging fruit. I think I was looking for like 340, 350 and 360 with a 370 stop. It went all the way back up to $4 before coming back down. So how do you follow the watch list? You would have shorted at 340, 350, 360, 10%, 10%, 10% for a 30% size. You would have probably taken a loss at 370 and then I mentioned to the guys in the room that the $4 mark double topped and that might've been your entry to re-enter guys. So again, every day we're not gonna make money. Every day, everything's not gonna go smoothly according to plan, right? As traders, we are using probabilities to be able to determine what is going to happen in the future, right? KXIN was a low hanging fruit that worked out. ONTC or ONCT was a low hanging fruit that didn't work out right away, right? So again, we are using these observations and we are using these things to kind of be able to paint the picture, right? So I did well on KXIN, ONTC I did all right and then what ended up happening is KNDI. I found myself losing it. So KNDI, the stock basically gap down today. So I said, all right, the stock gap down today, I'm probably gonna look to be shorting pops on this. As long as red to green ends up failing or if red to green doesn't fail, I'll short the pops with 30% size. So I found myself shorting KNDI. It broke above green, it bounced, it did everything that it shouldn't have, yet I found myself shorting it. So I basically shorted it with like a three, I mean a 920, 930 average maybe something like that. And I had 30% size and my plan was if the stock breaks above pre-market high of the day, I'm gonna stop out. I think the pre-market high of the day was 975. The high of the day was 975 and my stop was 976. So I was one penny away from exiting for a loss. Stock ended up coming back down towards 950, 940. And at that point I was like, you know what? Stock's not gonna come back to break even. If I just keep holding it for break even, I'm gonna lose. So I said, you know what? I'm just gonna bite my lip and take it for a loss for 20 cents. And then as I did that, it rebounded another dollar. So good thing I did not get greedy there. So recap, KXIN, low-hanging fruit I underperformed on. ONCT, low-hanging fruit that I had a minor win, minor, it's called a scratch trade. KNDI, stock was red, I lost on. So already, already I'm struggling in this market, right? The shit that worked last week is not really working this week. And oftentimes people would be like, oh my God, I have to change my strategy, I don't know what I'm doing, this is not right, something's happening, blah, blah, blah. But I've been trading for so long guys that I realized that the strategies work, the process works, but there's gonna be certain stocks and certain tickers that just don't conform to it, man. There's gonna be certain stocks that just don't do it. And those are the 10% of times that the stocks don't work, those are the 10% of times that our heart stops saving us. So again, if you are struggling on this week, I am struggling too, right? But what is the solution? We don't just stop and say, all right, we're struggling, it's game over, what are we gonna do? The solution for me is I'm gonna size down next week, I'm gonna take it a little bit slower. I've been finding myself trading pre-market a little bit too much, so I wanna kinda slow that down, right? So let me talk about other stock that was moving. ACB, so ACB is a marijuana stock, and it looks like, again, I'm not gonna talk politics, but it looks like Joe Biden's gonna become the president, and I think he has a very lenient stance on marijuana. So a lot of these marijuana stocks have been going straight up. I don't really care if it's legitimate or whatever it is. All I know is that anytime there's political headlines or political risk on these stocks, I don't wanna touch them. I mentioned in the watch list today that ACB was not a short. So if you just looked at the watch list today, that would have saved you getting trapped because it just went straight up today. What else is there? FTSI was another one. FTSI was a stock that broke down pre-market, that tanked pre-market, that somehow halted up on no air. I mean, on no news, no volume, just basically halted up on nothing. I was able to short that for a small, small win. Again, stock went to like 550. I found myself chasing it at 520. So all around, guys, I've been trading really, really sloppy. And if I'm just being honest, I'm pretty sure I'm gonna lose probably sometime next week. I'm pretty sure I'm gonna have a loss. And I've already mentally accepted that. I've already kind of admitted that I'm trading really sloppy. So I want to just be able to calm myself, calm my nerves, focus on doing the right thing. And again, reminding myself that we are in November and this is not a month to be fighting stocks. This is not a month to not be using hard stops. If you use hard stops, you're gonna be safe in this market. Yet 90% of traders still don't use hard stops, which I don't understand. So this was kind of just a video to kind of let me vent to you guys explaining the November runners, explaining what happens during this month and showing you that even a professional trader like myself is struggling because the market action is changing. And just because I'm struggling doesn't mean I take it there or I stop it there. I start looking for solutions on how I can adapt to this market, right? So if you guys have any questions, let me know. Today was kind of a weird day just mentally for me. I just, I don't like underperforming at all. I don't care if I made money. I made like $2,000 today. And the money is great, but at the end of the day, I traded my process poorly today. And I know that if I keep doing that, I'm gonna fucking eat shit really soon. So this is just kind of my way of reaching out to you guys and having a way to keep myself accountable and letting you guys know that it is normal to struggle. Last week, I mean, last month, I made 120 grand in one month. And this month, I'm doing good, but I'm just, I'm not there. I'm just mentally, something is just like not there for me. So because I'm not at my sharpest mental performance, I need to size down and I need to be able to slow down before I start hitting speed bumps along the way. So that's it, guys. This is kind of what MIC is all about. We're all about being open. We're all about being honest. If I struggle, I let you guys know. If I kick ass, I let you guys know. And that's basically it, guys. So again, if you guys have any questions about MIC or any questions about trading, be sure to text us at 213-458-5997. Let me think if there's anything special we could do. We haven't really ran a promotion in a long time. So maybe if we do, if you text Tosh the word November, right? If you text Tosh the word November, 213-458-5997, I'll tell them to give you guys a really big discount, right? So we'll do that for the first, I don't know, 10 people that text them today, just so that we have a way to kind of help you guys during this November madness because truth of the matter is, if you are fucking, if you're not really getting it this month, you might fucking blow up. And it's just the truth. It's really, really hard. It's really sketchy. So at least take the initiative and start to adapt and start to improve, guys. So that's basically it. I'll see you guys back in the room. I'm done for the day. Just gonna try to clear my head for the rest of the day. So appreciate it, guys.