 And then all of a sudden, Jerome's got to say something, man. So it's all good. I don't, yeah. I don't like trading Fed days. I hate it, dude. There's some whipsaw. It's like up, down, up, down. And then, and then it takes off in one direction like crazy. Yep. Yep. Yeah. I, um, I'm not, I'm not, I'm not trading. I'm not trading today. I'm not even at the computer. What do you think of snow, bro? What are you paying attention to with the new IPO? Uh, I think it's incredibly overvalued. I think it's, I think it, I wish on it technically, but I agree with you. It's extremely overvalued. Yeah, I'm not, I, I want to see it do a short squeeze. Um, but I'm not, I'm not going to buy, I'm not buying snow up here. Bro, no way. Prayers go out, prayers go out to the schmuck that bought it 319. Oh my God. Oh, yes. You know it. You know it. Oh, I'm telling you, I'm looking more like 230 to 20. Maybe we can get a little bit of a dip, but dude, that's insane. Like, oh my God, prayers go out. This dude's down almost $100 a share from this point to this point. And then, oh man. Yeah. That's, yeah, I, um, I'm going to look forward to kind of start, start a bit of a kind of a short squeeze play, but I'm not, um, I, I just think it's way overvalued up here and I just wanted to dip more. I'd rather it dip and you know, you're going to have, I'm more focused on the IPO lockup expiration. Yep. When that ends, I'm less, uh, kind of like. Skittish because usually when that's something I don't think we've actually ever talked about on here. I love that. And I'm not, um, well versed enough in that you would, you would explain it way better than me. I just know little fundamentals that, but let's talk about that first thing. Tell the, tell the general public what that is exactly. Well, when there's an IPO, you know, you get everybody to get stock option awards, you get stock award. They have the option. They have the ability to buy stock prior to the open date. And so the people that bought it, uh, in anticipation of the IPO, they angel investing type things, right? Yeah. Yeah. They, those are the people that help raise the money to do the public offering, the initial public offering, right? Whether it's, you know, banks, a conglomerate of banks and people and, and in order to do that, there's people that they have financial qualifications that they have to meet in order to get access, to be able to purchase IPOs in advance, um, and be part of the funding crowd, uh, or you got to know somebody. Yeah. You're going to give some reach arounds. Yeah. And so there, there's going to be, um, if we stay trading at these levels, when the IPO lockup expires and the people that have shares from, you know, what was in the initial pricing was like 120, 160, something like that. It was, it was really low. It was really low. Um, and cause like the original valuation was like, what 17 billion or something like that. It was the, it was the biggest tech IPO like in history, but, uh, I can't remember what the initial valuation number was. No valuation. Yeah. What was the IPO price? Yeah. What did they, okay. Yeah. That's where it opened. We know that, but yeah. Oh, there it is. More than five times. It's 12.4 billion dollar valuation in February. So the value, it, it's up a massive amount here and, and I'm just like, I just can't buy at these levels. So I, because I mean, if you buy it now and you hold through the lockup, you know, you're going to get profit taking from investors. I mean, if we trade up here in the two, I think it's going to be a great trader, like a ticker to trade. I think it's going to be a great ticker to trade serious range, man. Yes. Yeah. Volume attention. I think it's going to have the attention of like zoom when zoom came out, you know, and everybody was so, I think it's going to have good attention. Yeah, zoom man. Seriously. Let's take a look at this seriously. Look at this man. That was the IPO dude. That was the freaking IPO down for a little bit and then who are you? Yeah, you get, you get the euphoria in the beginning and then you get that sell off man and that sell off. That's usually. Um, it's usually up to the IPO lockup expiration. So which is usually 180 days from the IPO date unless otherwise unless otherwise agreed to in the by the board of directors and everybody along those lines. Um, so from today, 180 days from today will likely be the IPO expiration date, which, uh, and it'll say it in the filings, but yeah, set the alarm, bro. That set the alarm. I'm not kidding. I have calendar reminders of of IPO expirations of all of these like fancy, fancy IPOs that come out. Like I set a calendar reminder that's like IPO expiration today and you'll see selling on them at the open and usually what happens is, you know, an IPO lockup expiration, like when it's like two or three weeks prior to the lockup, that can sometimes be like a buy the rumor situation. You know, you can, you can see like an inflation of price for sure. Um, but usually when that lockup hits, um, and shares are now free to trade, they dump and you know, I'm not saying the company's going to zero. I'm just saying, I think that there's going to be an opportunity to get a better, better price than today for sure. Uh, so, but trade being it in the interim, that was, that was regarding like your long-term outlook. Like that's more like that one for the swing. I'm with you. Yes, but every day now, this ticker is going to be on my watch. Like I'm going to watch it every single day and I'm going to look for the same technical setups that we trade dude. I love something IPOs man. That's like on literally everyone's radar on wall street, not like something like, Oh yeah. Oh, this, you know, organic food company just pop. That's cool too. Like I'm all about like that niche, but I just mean Warren Buffett's probably not looking at something like, like dude, everyone is talking about that this will be a trader for a long time. Man, like this. Yeah, the recent ones, you know, yeah, exactly. You know, the recent ones that were like really good IPOs was, you know, Uber, Lyft, Beyond Meat, Roku, Zoom, you know, all of these, I'm killing him beyond meat, bro. I've got 131 now and I don't have a sexy any time soon. That's a nice chart. I'm riding this one for the long haul. Man, I haven't even been following it, but that's a who put that one back on watch. They're doing like, dude, they're doing like production in China. They're KFC has got to deal with them. They've got some seriously good. I love KFC, how in the fuck are they going to sell fake chicken? Isn't that insane in 30 stores? I think it was or something like that. Like a month ago. Dude, dude, how like, I mean, I know that you're veggie lover. I like veggies, you know, but I'm not, I'm not vegan and I know you're not either, but just conscious about it, but an honest opinion, an honest opinion, just a little bit of a, this is just a little podcast moment is fake chicken. Not the nastiest shit. It can't be replicated, bro. It can't like, dude, think about it. Hamburgers almost identical like it. You wouldn't use. Sometimes you don't even know the difference, but chicken. Here's the thing that you can't here's the thing. The way you got something to recommend because you're the guy that knows, but so when it comes to something like this, right? When it comes to something like this and in no way am I saying buy something like this. I'm just saying when I look for a long-term opportunity because I've got six brokerage accounts. I have swing trading ones. I've swing trading shorts. I have a day trade account. I got retirement. I have everything when I look when I go long something that I believe is a long haul trader, right? The only thing I give a shit about one thing is it is it something that is a future proof no matter if a second pandemic comes if the end of the world comes into the world splits in half. Can a company still make money? I'm invested some money into companies like that. And then I'm also invested in what I think will be the next massive rampage trend. I don't give a shit what Beyond Meat tastes like. I have never tasted it, but I'm invested. No, I'm not saying Beyond Meat chicken. I'm just asking. Oh, no, no. Yeah, yeah, yeah. No, Joe, this is what I'm getting at though. This is where I'm going. Okay. Okay. Beyond Meat, dude tastes like shit. I don't care. They will eventually catch up to taste. The thing that is happening right now is there are not many companies that if you Google, hey, I need a replacement to meet. What can I invest in? There's not many publicly traded options like that. These guys are the trailblazers. What I feel is a massive movement to come due to every single year. I'm look, I'm not even a vegetarian. I'm not even big. I'm nothing. Dude, I eat a lot of meat. Here's the thing. There are so many people out there just like politics die hard liberal die hard conservative die hard diet die hard this there. There is always the next trend and I feel that alternatives dude look at Tesla. You couldn't get an electric car seven years ago. Bro. You couldn't get one now. KND I is is is a company doing that f u v n k l a Tesla solo dude. The trend is change and with with as many people that are meat lovers, there is the opposite opposite opinion and it's as strong and they're coming out more number. I just see trends man. I go what is future proof and what's to come and if we ever dude if we ever had a mass like really really bad meat epidemic or something like that. Where do you think there's already demand for shit like this? That's what I if I long term invest, you know, there's a lot of people that just go based on price section. There's a lot of people that go on strictly fundamentals numbers of the company's revenue, you know, things like that. I take all of that in an account. But most importantly, I go dude, what is the number one demand in the world right now alternatives for fuel alternatives for food and simultaneously what is future proof? What is guaranteed if to last if a tsunami wipes out all of California? You know what I mean? Like things like right vegetables grow underwater cows. I don't know how you always have a crack me up, but dude, I freaking love it man. So yeah, it's funny. I mean, unless in less cattle and less cattle find a way to adapt like like the Atlanteans did, you know, that's all I can say, you know, I agree with you. I'm sure you know, I'm sure you know, you can just you can you can put a piece of lettuce on a on a just a floating little little board and send it out in the ocean and that's probably one day the one day the world's going to look like this dude. Yeah. I think you guys know what I can't type for shit right now. Waterworld Kevin Costner. Who has seen this? Joe, tell me yes. It's gonna be all of her. This is like, oh shit. If you guys, you gotta say it's rather ridiculous. It is like how terrible that is. Look at this. Oh, that's bad. Oh my God. That movie was so much fun when I was a kid. You're classic. Hell yeah. I didn't know hydroponics, but a smoothie lasts forever. That's what you know. That's what I'm good at. But but honest opinion on on the taste of food. Have you found anybody that's replicated fake chicken worth of shit? I have one man. You know what, Joe? I I've had I've tried a lot in my life. I really have. I think if I remember correctly, there was one place and I couldn't believe it. I actually didn't know it was a substitute. I think because they probably drown drenched it in barbecue or something, but yeah, sauce, but you're right. The fad has not caught up on the taste levels and things like that. I mean, dude, I've literally been to places where I had a cut up baked cooked ass grilled ass watermelon and I didn't know it was watermelon. Like they're always to do things, but people have figured out the taste side of things. Yeah, it's even beef. You know, they figured out beef. They figured out pork. They figured out the texture. They took all of all of that, but chicken man. Nobody has cracked that code yet. I think that's what I'm getting at. I'm like, what is KFC trying to do here? Tell me that's funny. L.A. L.A. is true. I'll tell you though, G.S.E. Man, I'm out of L.A. Dude, L.A. is a toilet. They have figured out food, but everything else is. L.A. has got one good thing. Alternative food options outside of that, man. After 30 years, I've realized that I'm getting out of there. It's an absolute toilet. Politics. It's not maybe the taste of replicating the taste as much, but it is definitely replicating the failure to replicate the texture. The texture of chicken and the substitute chicken is like, you know, it's not chicken because of the texture. They could mask it with flavor. So think about this, Joe. Think about this. You just said something that's very on point. And this is what investors have to think about in certain regards to anything, right? So think about, are you familiar with what rice milk is? Oh, yeah. Joe, how long has rice milk been around 30 fucking years? Yeah, my wife is lactose intolerant. So I know all about that. Well, dude, here's the thing. I'm practically like some of my friends are like, I don't drink dairy. I just don't because it fucks with me. Here's the thing. Rice milk has been around for do 30 plus years. I remember being five years old and drinking it. Did that catch on insane? No. Nope. Why? Because go try almond milk and if it tastes good, do the textures the same as milk? If it's actually true almond milk, not something in a carton. I actually like, I actually like oat milk. I like the flavor of oat milk. I think that that is actually probably the most flavor one texture, right? That's the whole thing. Yep. So you need a comparison. Yeah, exactly. Bro, people don't think about these things. The fundamentals of what works. Yep. Yeah, the almond milk can get thin and you can tell the thin, you know how it's less. It doesn't have that creamy aspect, but oat milk, man, I can't like, and from a texture standpoint, a consistency standpoint, I can hardly tell a difference when there's, if you put oat milk next to actual milk, dude, like we weren't talking about flavors for the rest of my life. It's just, there's so many good alternatives, man. It's just not worth it. Yep. Yep. I'm just going to be like the Amish and just get it to where I can just drink it straight from the cow and they don't have to homogenize it. Except that's really, really needs gloves on. Yeah, except yeah, I know, right? It's like, it's deadly, but it's not homogenized, but the friggin, the friggin Amish have just like, have just made their stomachs figure, like, figure it out. They're just, their stomachs are steel. All right. Does anybody have stock questions? Yeah, we got one. We're going to get one of those. Yeah. Can you explain your setup when you wait for a squeeze and top out and then hit bounces? What are your ideal conditions for that? Here's the perfect one on MRNS. Unfortunately, I didn't hit this yesterday's short time because again, I don't trade past, I don't trade past short zombie hour, but had this happened in the immediate morning, like really, really quickly, even though it's still work, this is what I look for. So let's take a look at this. So if my outer lines don't come in the immediate morning, if I don't get a massive, you know, like maybe an outer line and then a tank immediately and I'm waiting for kind of like a squeeze, right? That third option, like I'm like, okay, let's just wait for all the eager shorts and the chasers to get squeezed out. Here's what you need. You need a big squeeze in outer lines followed by that. That's the trend change. That's the time where it's probably peaked out. It sets a top and then you hit bounces. So it's as simple as that, brother. Just wait for the squeeze and then wait for a candle that says, oh, top is set. The top is always set on an uptrend or with a death candle, at least at least a semi death candle, because when you want a true death candle, the bigger, the better. Yeah, there's Joe, but a little bit of a trend change man to get that kind of like, do you think it's time to start and now it is because on this one, that's not see that when it put it in the top right there. These are just, these are just organic pullbacks. This is just like, okay, let's pull back a little bit. Okay, let's pull back a little bit more. Bounce, pull, bounce, bounce, pull back. You want this, you want this feeling of like, oh, dude, that was actually kind of nasty. So that's what I look for. Me and Joe talking a lot. Yeah, I think the, I think a good way to, and the question was explain your setup where you wait for a squeeze to top out and then you hit bounces. Well, yeah, that, I mean, the, the best way to do that is, is going to be the relationship between price and VWAP. 100%, 100%. So it's like, I just kind of assumed that, that I had already discussed that, but I mean, dude, we'll discuss it again. Dude, me, this is me and Joe's like, Bible and small caps guys. And I, and I discussed it in the beginning of this webinar, but if it opens anywhere near VWAP and it's been playing around with VWAP during pre, you got to wait for these outer lines. There's no exception. Yep. You can get, look, you may make money in here and here and here and here and blah, blah, blah, blah, blah, you're going to get chopped up every now and then, man, I just wait for these levels, man. But if it opens at 270 under VWAP and pre, and then it pops up your, that's where you want to scale. And I can put size on it VWAP confidently. Yeah. And the, when it hits those outer lines like that, I mean, you've got to be covering, if you're going to short something that goes, you know, like you're, you're hitting like a first resistance, like you've got to be covering on that first pullback to VWAP. That's what you're doing right there. You're, you're not, yeah, exactly. And your, your order is, um, not like just like sitting at VWAP. That's the key is you're not like, okay, VWAP is, you know, what's the price range of that? Okay, VWAP is sitting at, at 361. So my order is 362 to cover. No, you, if, if VWAP is 361, you need to be scaling out in the 370s, like in high 360s, like 368, like you need to get filled. You need to get the fill because many times it can do what Austin talks about and people anticipate the bounce off of VWAP. And so they start buying before it ever touches it and then it never touches and then you're back breaking even and you're like, son of a bitch, like it's so just like, dude, that's just life, right? That's just trading right there. You're like, should have covered set of a bitch and, and you know, when you're, when you're along and you're like, and it's going straight up and you're like, there's my target, let's see how far this could go. And then it's like, boom, you're like, son of a bitch, should have sold. And like, that's just, that's, that's it. So with, with this setup, I mean, I'm the same way, I'm, I'm the same school of thought as you is, but if you have trouble figuring out when the top is set, okay, when you have kind of, you know, you don't have like hard, fast rules. A hard, fast rule is it's got to have that death candle through VWAP and that's it, like that spot that he's highlighted right there, like you have to have that criteria. Once you have that criteria, now it's safe to hit those pops. Now the top is truly set for the moment. Well, and Joe, let me say it like this. Let me say it like this. So guys, I've been training for seven years. Let me tell you something until I figured out on about year three that the death candle was truly the nail in the coffin and the time to go for short. Do you know how many times I would short a pullback like this? Cause I just felt like that was it. Do you know how many times, but again, the MIC wasn't created back then and I wasn't talking about Alex, right? So right thing is there are certain identifiers and the bigger the death candle is always the better, the better choice to short. But if you say through this pre-market, just look at this. Just say this is all you see. Nothing pre-market. Just say this is all you see. If this intraday action is up all day, guys, there's not one reason, not one to short anything until you see a trend shift. Now, I usually like death candles honestly about two times as big as this, but if you have to, if you have to short somewhere in here, the reason why this is so good is because it just gives you set risk, man. Then if you're shorting anything right here, your risk is now the top of that death candle. No exceptions. I'm going to be honest with you. The level that I am absolutely most comfortable with that where I feel personally, the top is truly set. Truly, truly set is right there. Oh, dude, 100% that candle, that candle right there, that, I mean, that's, that's it for me. Like that candle, the other one, you know, you don't lose VWAP quite. You lose, you lose it. You know what I'm saying? Like you lose it, but that is a, is a textbook VWAP stuff move right there. Well, and Joe, that's what I, that's what I was saying is for the guys that have no control and just have to short up. You have to at least wait for this, but dude, the patient shorts, the ones that are like, I don't lose because I'm so patient. They're waiting for this. That's, I mean, that's a clear indication right there that the psychology has shifted in the, in the buyers and sellers of the stock, like the momentum, that's a clear shift of momentum, like, and momentum can be reclaimed. Don't think it's the 100% when momentum can be reclaimed with enough volume. Um, but that, that move right there where you see the reclaim, the big green candle, and then all of a sudden just rejection and that's a stuff move. That is, that is a potential reclaim of VWAP and it stops right back under VWAP and has the, has a really bad close on what appears to be pretty decent volume on a cell side. Hell yeah. Because here's a thing. I mean, not huge. If you're just being attention to like little stuffing action, look, it's technically stuffed right here on like a high a day chance, right? Yep. And then how many times do you short right here? And then it goes up another 50 cents. So just for the nails. This is, dude, this is Van Helsing putting like a steak through the vampire heart. Like that's what you're waiting for, man, a short. Yeah. And you're waiting for blood. You've got the clear line at 360, 360 and 370 are your scale zones and you risk the top of that candle that Tosh is high where that white line is like that bottom white line, like, like you can, you can see the risk that white line is the risk. That's it. And now you're hitting a pop back once you get that candle. You're hitting strength back into 360, 370 VWAP area risking over the top of that candle. Yeah. And then technically, that is yeah, technically speaking, you know, when, when, you know, when a treat says what is the outer line 380 technically the outer line, if you are paying attention to VWAP really is probably the base of these candles. I'd say that that's the scale zone because if you guys see that's, that's a, I'd probably even give that one. That's the base of the candle to the wick. That's where the immediate top is. I would have hit this if it was actually within the first hour. It was not yesterday. So I didn't take the trade, but remember what Joe says a stock trading near highs at VWAP or I'm sorry, at zombie hour is an indication that it will maybe most likely go down. So if you can combine this with a scale zone, a whole and half dollar rejection at four and we're trading near the highs this probably hit. So just wait for your confirms man. Yep. Like there's that 1030 thing when a stock is trading at lows at 1030 or at VWAP at 1030, there's plenty of opportunity to manipulate it back higher and let an algo take over. But if it's if it's trading at highs of the day at 1030. What do you think is going to happen? Demand dries up at 1030, right? Every day, every day it dries up at 1030. The volume always dies off at 1030. So if demand decreases and a stock is trading at highs, what do you think is going to happen? It's just simple economics. It's just simple basic economics, lack of demand. Increases supply, which sells the price down. There's nothing more complicated about it. And so it's don't be long in don't be long in this shit like at 1030 like here. Here's what I'm trying to point out if people would be longing like that breakout like that and be like, oh, it's breaking the pre market highs right and little they know like that's 1030 like that's right at 1030. And so you get a small opportunity to exit for a profit, but you don't get much man. You don't get much like the odds are not in your favor on the long side. The odds favor the shorts at that point. Dude, hell yeah. How about longing? If it's around VWAP. Well, yeah, that's what we talk about with the VWAP reclaim strategy. Not my style, but you totally can. Sava pull up Sava. Sava did it. Let's take a look. It was either Sava or VXRT. Nope, Sava right there. Look at that end of the day. Dude. And we're going to have you have reclaimed guys. What do I always say? This is the reverse death candle reverse. What do you think happens on something like that? You wait for the pop to short, but the drop to long. This is the absolute opposite of a death candle. Literally. This is the FU candle to shorts. It's it's literally the FU candle. Volume comes back like look at the volume. Volume is a clear indication. That shit was dead. Dead for hours. And then all of a sudden that candle happens. Game back on. Match in the morning volume. That's what I like to see. Yeah. And so it's it. So the question of longing around VWAP. No, you need a technical reason to get it. Not just it's around VWAP. Okay. That's that's nothing. That's nothing like there. There's nothing there. That's exactly right. Yeah. This is the best indicator ever. Yeah. And the people that that tell you that VWAP does not have edge, you know, it's that's false. It has edge, but there are situations when it applies and there are situation when situations when it does not. Again, guys, with everything it's confirmation like Joe just said it. It's dude. You want authority behind this sentiment. So you want the volume coming back in, right? But you want it with this. So if if you know the kiss of death is the death candle. You want that's a that's authority. That's a break. That's not like, oh, I'm trickling under VWAP. Okay. Now we can short a pop. No, because you can get squeezed because the volume is not rushing out. They're not panic selling. This is authority on a break. Man, shorts are now really in a bind, man. And then, of course, just like everything, if you think about the inverse, like this would literally be a pop on a drop. So of course things do this stabilize and get you want to see this. Let me show you. Yeah, let me put a minute. Put a minus sign in front of the ticker. So Sava doesn't do the inverse. Do minus. Hold on. Like, minus Sava. Yes. Get out of here. And now look at that. Here. Oh, my God, everybody be like shorted. Joe, I didn't even know about that feature, dude. What the hell? Guys, look at that. It's the funniest shit. It's the funniest shit. Dude, I never, seven years. I didn't know that was a feature. What the fuck? Guys, look at that. Did I not just really explain that to you? Here's the death candle slam. There's the draw. Oh, dude, Joe. We're giving way too good a content. But that's my point is is like that when you flip it upside, if you're somebody that can only see the short side, you flip that fucking chart upside down and convince yourself as to why that trade has edge. Dude, here's M. Y. Oh. Yeah. Crazy, bro. This is crazy. If you looked at this chart, if you looked at this chart on the on the inverse like that, would you even touch it? I wouldn't touch that. No, there's nothing in this. There's it's nasty. Let's let's see Kodak. Let's see Kodak. Oh my God. Wow. Wow, Joe. That's crazy. Yep. Dude, you know what's so crazy about this one is remember what I said, guys, big wicks are a sign of reversal. Dude, look at this is if this was a death candle, then it goes back down. Look at this. This bit that's indicative of a fat wick reversal, man. Oh, yeah. You want pre claims? Oh, shit. I mean, look how it reclaims that how it reclaims that pre-market level. I get it wicks under it and then reclaims and a strong ass close strong, that's crazy. I want to go back to the solid one. That's I didn't even know you do this. No, I'm stoked, man. Thank you. Wow, that's crazy. Yes. See that guy. So now let's take a look at normal sova seriously. Yep. Flip it back around. That's that's that's the death candle pop. Yep. That's it, bro. That's it. Hey, you learned something doing like it. It there's the death candle and then what I like to call the rebirth candle. It's it's the it's the phoenix out of the fire. So guys, check this by who the fuck what they say. I know I know I just say in the market. Oh my God, I'm going to go one step further guys. Say you have TD Ameritrade right? Check this out. Why don't you do this in the mornings? If you have two stocks on radar, Kodak and blah, blah, blah. M.Y.O. Look at the inverse. These are how they normally are. Look at the inverse and see if you have an edge. Bro, how sick is that, man? These are just two stocks guys. This is just what it would look like if it was inversed and we just revolutionized trading. Okay. Bro, we just keep topping ourselves with these webinars. Oh man. Guys, do you have any questions for us? Any questions at all? Who's got some questions? Will it run live data? Yeah, of course. Real time, baby. What a day. What a day for the market. It's going to be real time. Wow, dude, you know what? You know what's so crazy about that, Joe? I swear to God, man. I feel like someone showed me that like five years ago and I just wasn't as extreme a trader as I was. So I probably just flubbed it away. I was probably just like, cool. All right, that's cool. How would I use that? That is so necessary. I don't know. I'll show Alex that. I bet he doesn't even know. It's, it's it's a fun thing to like it to show a short seller. Yeah. Because because like you know, a short seller always has trouble seeing the long side. One and so like I think to really break that psychology bearer right to really break that barrier. You almost have to see it in your own life. Have, yeah. And put it put it next to the actual chart. You know, you have Sava and then you have the minus Sava which is the inverse of it. And if you look at the minus Sava and you go you can't do it on DOS, by the way. If you go and try to short that, you know what I mean? You're like, why would I short this? It's a horrible fucking guys. I just thought of a disclaimer though, for real. If you get confused on what the real chart is. Oh, yeah. That's your own problem. Yeah, he's going to be like he's going to be like, dude, Kodak, I got along this shit because he's going to see this. Now, imagine, imagine everybody starts imagine everybody starts flipping it upside down and they're doing like all the opposite shit and it all the sudden works for them. Oh my well, folks. Well, folks, that's an indication. Joe, cause I was going to laugh and I was going to laugh. Guys, for those who aren't familiar, dust and nugget are. Oh, right. Of what? Yeah. So dust is bearish gold commodity and nugget is an ETF that is bullish gold. So there will be guys that are such short sellers. They can't just buy dust that is actually betting against gold. They actually have to just short nugget the bullish yep. It's like, I know it. That's somebody did that the other day. They were like, all right, I'm short sqqq. I was like, why don't you just long qqq? Why are you shorting sqqq? They're like, I don't know. I don't know. I'm like, then okay. Well, I just don't. I don't I don't get that. I understand the psychological part. You know, that's like, yeah, but yeah, there you go. Jerry's on film. Dude, that is one of my favorite episodes. George is like, he walks in the Yankees and the fuck. Yeah, he's everything you do is wrong and just do the opposite. The opposite would have to be right. Oh, man. Joe, thank you for that, man. Seriously, that's yeah. I can't wait to look at that. You know, if everybody's obsessed with death candles and they can't see the V lap reclaim ever, you know, that boom, that's the setup right there. That's it. That's the juice. That is the juice. Even if the bee could explain to the flyway pollen is better than shit. The fly would not understand. That's good. Long bees, short flies. Who's got questions guys? I know you got some questions. Come on. What are your questions that this is a market. To just kind of see the inner workings at my C to get your questions answered. This is where we're here for you. So utilize it. What's the spy doing? Oh, let's take a look. I totally forgot. Taking a shit. You can kill as well. Tech going down. Where let's see. Codec, there seems to be a death candle with no pop means no pop then flush. You talking about this opening one brother? This kind of stuff death candle mentions this. What you're talking about? Okay, so you're talking about a he's talking about like now 315. No, no, no, brother. No, no, anything like this or like this or like these are nothing. Those are nothing. The only look at the volume in comparison to everything else. Like this isn't even. That's the only one. Yeah. A death candle is in nature. The biggest candle of the day. No questions asked. If you have to ask what it looks like, it ain't one. It's the most volume coming out and it's just it's just such a moment of of authority that it's it's just you you almost can't replicate it. There's usually one on a chart maybe two but there's usually one and it's very distinct. It is the kiss of death. As bad as that sounds. Yeah. Us traders are so like pessimists. Like we look at the dark side of things. It's like the death candle then nailing the coffin. It's like how dark. Yeah, I know, right? God, it's such dark terminology, right? Your trade on the outer line Tosh was pretty convincing trust. Yeah, brother. Just trust trust here. Let me do. Do I have one expanded? I do not. Damn, I keep closing me. Sorry. Let me just make another one. So again, you know, guys with with lines with a process, you got to have a process and then it just comes to trust after that. It's like, does it fit your criteria? VXRT fit my criteria this morning and I was shorting about right here. So and then I scaled it, which I showed the chart earlier. I can, you know, find it one more time if you guys really want to see it. But it's just it's simple trust, man. That's it. It's just when you do this long enough you go, okay, what's the only thing holding me back? Trust. I just waited until I hit that like these levels of consolidation that is serious overhead. And then I was going to scale upwards of the open of yesterday, which would be a total point of resistance in top. So I would have scaled that whole thing. I only got up to 740, which is about half. So which sucks because I was actually going to like double down right here at like freaking 770. But it is what it is, man, and you catch a nice little scalp out of it. I only covered in halves. That's actually two triangles if you can see correctly. But yeah, I see like 40. Yeah, seriously. I used to man, I used to, but there's so many charts and my process is so simplistic. I don't anymore, but I'll try to start posting more. I am. I think that people get a little too wrapped up in charts to be honest. PNL's charts and I it's again, man, at the end of the day, it's so much of your own mind. Guys, when you understand my process, Joe's process, phase process, Alex Bowes, it's now about getting out of your own way. So sometimes I actually don't even want to post charts every day because I feel like it's it's going to take you out of your own trading. I swear to God. And I don't want like a lot of the times people are like, well, if I can see your chart, I can reverse an engineer your trade. No, if you fucking watch the videos, you could reverse engineer my fucking trade. Like you could take this same trade. Yeah, for sure. Well, like that's all you got to do is watch the video. Guys, there's a there's a very thin line. Trust me, there's a very, very thin line of what I feel is helping you guys in and showing Joe sounds like to say and showing I'm going to take that as a compliment, like a chart, a totally compliment. Take it as a as a, you know, show a chart every single day and then you will line too much on it. So I also like to kind of be like, okay, guys, like now it's time to focus on your own at it. Like I'm saying out of lines and I'm saying the levels, but I don't, you know, sometimes people compare themselves a little too much. So trading is just about getting out of your own way, man. Yep. Usually, usually nowadays what I do, if ever, if people want to see my charts just DM me and just be like, Hey, Tosh, how did you trade it? I'll probably send it to you. We can after I critique yours and we can go through yours because then it just becomes a life. Oh man, I didn't get as good a fill as Tosh. I must suck. No, dude, I'm saying then you get out of your own process. You get out of your own trading question at times. I short a stock and I try to cover for a profit and the price jumps when I hit the offer. Is that how manipulated a stock can be? So aware of it, trying to exit times a short stock, I try to cover for profit and the price jumps when I hit the offer. Well, how big a size are you using? Is that often how many business that Gil either you are trading massive size to create a squeeze on your cover or you're trading very a liquid shit that almost even small size will jump it in some way. Is that what you're saying? Because here's the thing, man, on something like Kodak today, if you cover even 5,000 shares, it's not going to register huge, you know, like this is a lot of volume, right? Toby, where's the follow me? I need to blindly click buttons and make money. Don't we all, bro, like, don't we all text me at 1-800-FOMO-FOMO VXRT. Could you talk about the psychology of where the shorts were trapped and vice versa today VXRT? Yeah. So, so here's what I pay attention to every single day and it's already highlighted, but remember what I said guys in the beginning, especially H Lee, if you didn't hear before with something that is a massive squeezer on day one, all you got to do is see the potential. See this? You see that when a stock can do this on day one guys, and it has that kind of range, here's a treat for you. Here's a, here's a, here's like a secret sauce kind of thing, even though there is no secret sauce. If a stock has this kind of range in this squeeze potential on day one, it can have it on day two. I knew looking just at day one that the only safe bet was to start, especially with SSR, especially being easy to borrow is the most outer line levels. So I pay huge attention to where it kept bouncing off and pre see this? This, this is not exactly a top, but it's a major consolidation point where it bounced off and will be a resistance point on the way up. So I started around there and then I was going to go. I don't think I would have gone up to eight because I didn't set a hearts of exactly. I don't think I would have gone up to eight, but I would have gone to the open line because you got to give enough range on a stock that when it has the range, it'll use that freaking range. So I was giving to this line right here, which was the open. Sorry. I think I drew it a little high, but as you can see, I wanted to go to the top. So around that exact area. This is a top. That's a top. That's a top. I wanted to go with the previous tops were in the consolidation point of coming out. And if you notice, this is where a lot of the volume was stuck like here. Let me just even simplify it more like in it. Why can't that? I'm trying to. Damn, what the? Oh, there we go. Fuck. This. This is where a lot God dang man. What the hell is wrong with TD keeps messing up on me. Okay. This is where a lot of the people are stuck from day one. And if it has that kind of range that I'm that I was talking about to make it to there, it would probably this would be the point of where it would absolutely start, you know, topping if it didn't, you know, right here and kept going like 770. You know, you see what I'm saying? Like, again, where are people stuck? Does it have the range? Is it easy to borrow? Is there were so many factors that I just said, dude, this has got to do a really, really elevated move. Then trust your lines. Simple, simple trading isn't easy, but it is simple. I knew I'd get chopped up if I shorted right here. I knew I would. Would you scale that all the way to 770? Yeah, so I would have this line to this line is what I would have given. Yep. That were shorted. Should one Joe, you still here? Yep. Oh, I was like, he died trigger order. No emotion on the excerpt. Yeah, should one cover into resistance? Let's say into a deathline or should one expect the deathline to break? Joe, you're the deathline master, man. I am not. What do you think? Um, hang on. Let me read that again. Yeah, right here mentioned cover. Oh, you should never expect a deathline to break. No, and I huh? Cover into resistance. Okay, so if you're covering into resistance, then the deathline is already broken. Yeah, I'm lost on the explanation of that. I am kind of too. Well, basically, I mean, we'll just take the second part of it, right? Like, so let's say a deathline play. Should you expect the deathline to break? Um, I was on the if it's above it. No, if it's below it, yes. Yeah, I mean, literally just wait for the confirm. You know, you don't need to anticipate anything. Seriously. Yeah, if it's below the deathline, like, it's, uh, the deathline is not your stop. Ever in a deathline play. Like we've talked about that probably a hundred times in the video library. Um, yeah, don't stop out at the deathline when you're shorting. A deathline. That's like the worst stop loss. Right. That's where everybody wants to stop out. Would you scale all the way to 760 in what BXRT? Um, yeah, yeah, I said that one. So just a line in a line. Yeah. Uh, Joe, you mentioned about avoiding trading trades today because the Fed conference during November elections. Are they enter? Are there any other days you look out for of to avoid? No, just FOMC meetings. I hate trading FOMC meetings. Like, if you go back in history and there's actually in trade station, there is a way to, and I think it could be manipulated into think or swim as well, but there is a way that you can highlight on the chart every day that the FOMC meets and every time it's just chaos. It's up. It's down. It's like longs are winning like everybody's thrilled and then all of a sudden shorts are winning like it just it's it's wild man. It's longs are, you know, they're like hell. Yeah, let's go and then shorts are like off. Ah, and then all of a sudden it turns around and longs are like, ah, fine. And then shorts are like, whoo. You know, it's it's dude. It is. There's there's very little edge. In FOMC days, unless you're scalping like that's the only way to trade an FOMC day to me is if you scalp. If you scalp the ranges. All right, it's fine. But don't try to trend trade on an FOMC day like cause it will just it'll either go drastically in your favor or terribly wrong. I agree and I don't really like those odds. I agree. Like it's just ball a little how do you know it wouldn't break out break out? You don't know it wouldn't break out from there. Nobody fucking knows. You don't know that you don't know VXRT wouldn't have broken out from 760. Like no one knows that. Just know that the chances of it happening are low. For nothing is ever 100% man. Nothing is ever guaranteed or 100% guys. Plan for the loss. Take it if it comes. What's up with docu? I think people are just bagged really hard on docu. Let's take a look. It's just nasty. Look at the weekly chart. Docu taking a little bit of a beating. Huh? Let's say you want to see the yearly jump. No, the weekly do a weekly bar. I have up to like 15 days or I'd have to change it. How far back you want to go? No, no, no, no, no, no, like if like a five year weekly five year weekend. All right. Let me just create one. How do you new timeframe? Yep. I guess I would just go into day and then and then nope daily daily one year and then change that to like five years. Oh, got it. And then on aggregation put week. There you go. All right. I've never done a chart like this ad. Okay. Oh, now look at that. Gotcha. Look at that candle, bro. Yeah, it was a yo talk about people in docu or just bagged bro. They're just bagged talk about the stuff bagged hard. Yeah. Tech crashed right when docu was, you know, reporting earnings. It was just it was the perfect storm for for longs to get bagged and docu like longs that were chasing it higher and higher. It was just an off. It was just a time that it just the time aligned with the market pullback and docu felt it. So I tell you right now the guy at 290 23 felt it. He felt it. He felt it real good. And how do I know it's a man because a woman won't make that mistake. A man will. So for all the females watching this, I know it was a man up there at that price. Thousand percent. Yeah, that was a man. This is like this is like the man that goes to the strip club every Friday night. Yep. And expect women don't do that dumb shit. Women don't do dumb shit like that. That's a man like that. I'm just gonna venture to say that anybody to 16 above are men. Yeah. Yeah. Girls that are underwater are 220 and below. I'm telling you. Yeah. Women are like, no, I was holding this from way lower. I was selling up there. I'm just telling you that that's that's a man thing way better. That's a bunch of men right here at 290 21 23 was Toby. It was me. Yeah. I mean, I'm still bullish on docu. I'm totally dude Joe is never going to go away. No, let me tell you something. The three things I'm bullish on man, the three things I'm bullish right now an alternative for meats. I'm bullish on anything electric and environmental because I think it's the next wave and anything that is work from home docu. You know things like a sauna that's you know doing their IPO soon any like CRM things that help companies and or something that is you know sales force or working from home even dude even fucking slack. I think that this will probably have a serious rally. This is literally slack as this is our chat room. This is the ticker symbol they IPO'd recently at 42. I guess the high was see I never I will never buy C.E.I. C.V.I. Oh C.E.I. C.E.I. What's that Joe. Oh that. Oh God remember C.E.I. No I'm not talking about C.E.I. Jesus no way I will never buy that stock. Guys if you never buy that stock guys you never buy a stock like this in general if it has a daily chart like this you have a daily chart like this I don't give a fuck if they cure cancer dude your fundamentals are horrible. That is they dump shares into shareholders constantly. That's all they do. They're the modern day dries. I totally forgot about C.E.I. Wow we haven't traded this. Yeah they are the modern day dries. Oh my God. Yeah I'm not buying C.E.I. No you don't buy stuff like this. What yeah when you when you chart charts like this guys this is not a buy this this will not come back like because look at what they're saying you know 800 was that 85 million on my eyes are so bad is that 8,500,000 that's what they're saying that's because of reverse splits it wasn't actually up there you see what I'm saying. It almost was the price of Berkshire Hathaway. I'm just kidding. What is that BRK.A. Yeah well that's the class A shares. Yeah look at that man. What's the one that's like super traded? B? It's either B or A I can't remember. It's not B. Just do BRK. No? No I guess not. Oh then it's class A yeah. Is it oh it's Dash? Is this it? 330,000 to get one share of Berkshire Hathaway. Bruh. Am I wrong? This is it right? That's it I think yeah. So if you want for the Robin Hood guys they're like I get in one share one share of Berkshire Hathaway is a freaking four bedroom house in Texas. Bro for real like I need fractional shares if I'm going to trade that. Still a cheaper in the toilet. Still cheaper still cheaper than LA real estate right? Oh my God look at that fucking thing bro. Nasty. Joe do you watch the queue just as much as the spy? Yeah yeah right now you have to. You have to. Everything is tech driven. Because look at the queue right now dude crazy. Yep we selling. We selling today. See what happens tomorrow and the next day after that but today we sell it. Yep guys any closing questions for Joe and I. How do you know how far. You set your stop loss is there a rule. That Joe knows about like a stop loss for what. I mean there's all kinds of different situations after shorting it just depends on the price it depends on the price range of that I mean there's no hard fast rule so. Yeah I yeah guys I mean don't stop out with the herd back test the range that you're comfortable with you know some give 10 cents some give 60 cents size down use a ton of range or if you're sized up you've got to use outer lines and tight range so again you know back test what you're comfortable with but it's different for trader trader but just don't stop out with the herd stop out where the chart tells you to not your P and L. My P Nile what. What's that Joe. I thought you said my don't stop out when my P Nile says to. Oh no don't stop out where your P Nile says stop out where the chart is telling you. Yeah spy Joe you're going to be putting out any more of the option boot camp videos probably not because we pretty much we pretty much I mean we covered the entire thing in that I am going to be putting out like live trading videos of options trading. But that is still being done I'm recording those trades as they come along so Joe has there will be more there will be more content backwards to give you guys everything that you need what what do you need now a sex date. That can be filmed tonight I mean like maybe right now that can be filmed within the hour. Within three minutes done. Hey. No no no no. It's like definitely what is that with the dash. Oh my God. And minus QQQQ just set your stop just below the cost of your mortgage. Yeah there you go. When Joe laughs I feel like I'm in a car with Seth Rogan. All right I know. Whoa a four seater freaking what are those little three wheel cars you know I'm talking about that are like open. Yeah here's the feature for them so low. Oh God no that's not what I'm talking about. It's the is it a trike though the slinger that's it they're slinger that's right dude I just saw a lime green one that is a four seater that was sexy. Yeah slingshot yeah that was it. It was a four seater man that was pretty cool. Apparently that's a big apparently that's like that's like the fourth one I've seen in my neighborhood. I don't know why people buy those around here but they do it's it's not that people are buying them from Texas bro you know all the Californians are moving to Texas. Get me going on that man. Dude I thought I wanted to I thought I wanted to move to Montana and then I saw it was a swing state. I was like nope. One year one year we're Republican the next year we're Democrat. I can't have that kind of emotional stress. No they don't have that hopping forever for whoever stays red. I'm gonna go to Alaska. Oh yeah for the shit I'm gonna go to Iceland or something they pay you to live there is nothing more Republican than Alaska is it Iceland or green I think it's Iceland that will literally give you like $2,000 a year to live there and also provide like a woman they're just like happy to have you there. They're like yo here's free rent here's some money and here's a wife. Here's a geisha. Oh my God you're terrible. Shit I'm going. Dude yeah that when Californians moved to Texas that was a funny video that was a funny video. Yeah mask over your nose mask over your nose. If somebody ever comes up to me and tells me mask over my nose I'm a slap the piss out of them. Joe is very mask over your nose my hand on your face. Okay. Your mask won't save me from bitch slapping you. You're crazy brother that's the tech. Keep Austin weird and red Austin is not red Austin is not red no Austin is the bluest city in Texas. He he is yeah dude. Yeah I will never live in Austin I will not move to Austin I don't even like California. Dude it's like it went anytime I've ever went I'm not going to deny that there's good food there's good food in Austin and so you know if I go there and I get food I'm like shut your mouth don't talk to me here. I legit thought you were talking about Austin or moderator I was like oh no I was like he ain't read I don't think. I don't know I think he is awesome like baby blue sky blue because he's like Austin's the hippie side of politics I think I don't know I I'm going to I'm going to go now I'm going to go out on a limb and say he's Republican right am I crazy to say am I crazy to say the only thing I care about man is like at the end of the day I said this the other day and a lot of people agreed with me and I'm paraphrasing what I said earlier but I was like bro just give me clear skies give me a president I don't care who you are just give me a president that cuts down on taxes makes it fair cuts down pollution saves the environment you know provides food you know it's like it's like dude it's so simple it's like all this greed and corruption issue or no what did I say I said it was a state I didn't say president I said a state I said no homeless I said give me clear skies I said make sure the environmental factors are in place and and you know everybody's treated I don't whatever man I'm paraphrasing but whatever I said back then was actually pretty smart. I'm like dude I feel stoned right now I'm like so tired. Right whatever no homeless and clear skies it's all I care about Austin's got a bunch of hippies in his street in 6th Street. Yeah, I mean Austin's got good food but outside of that that city can burn. So nice of you Joe so so compassionate. So the reason why we're up north right now is broadcasting and I'm in L.A. right now right technically is home base and it's a shit show man it's on fire. I mean if it isn't on fire this the disguise make it look like hell on Earth like a 7th layer of hell and it's so now the fires in Cali are just so bad man. It's like it's like if you love Cali that's fine like I'm not going to hate on you I don't love Cali and I don't love L.A. I hate L.A. but what I will say is if you do have a love for it it's almost just dude getting on a fundamental basis with the dangers almost just too dangerous no matter what your love is for the place or not it's so insane man these fires are becoming so normal. Yeah for real our man it's like it's like the East Coast has hurricanes and storms L.A. has fires it's like man where do you go where do you go what's pick your poison bro. Do you notice AMX and NYSE trade different than NASDAQ. Yeah I have. I haven't paid attention that closely honestly but I would assume they do. Yeah there's I mean the market makers are different on all three of those exchanges and so yeah I would agree that they trade slightly different. For real. Oh real. Oh Rizzle guys closing question to bring logging back. I feel brain dead right now dude my I'm so freaking tired I'm going to go nap after this. The more you guys have any questions before we out see just to kind of recap guys you know if you have any questions I promise you we're here for you we've got every resource in the world you need whether it's from brokers accelerator course guys we do one on one calls literally our PMs are open all day into the night we'll get back to you as soon as we can to remember we also have lives but we get we'll get back to you as soon as we can we've got a full team to help you man if you guys can't find what you're looking for as a trader at my seat it's just not out there anywhere then we've tailored everything we've ever done to traders of any skill level any experience level any screen time you've had whether it's one day seven years we have a way to help you and or just make you better man we take traders all the time that are totally profitable and we just want to make you better man so again guys it's all humility it's all there's no hierarchy at MIC I'm no better than bow bow's no better than Joe Joe's no better than J 1972 we are all a family and we're here to help each other and that's why we do these Wednesday webinars is it's a way for us to not only you know help teach you guys as much as we can and fuck I learned something new from Joe today you know I learned how to do an inverse chart I love that that's going to help me now so anything that can help each other we're collective and that's what I want to make clear at MIC man is truly all for one and one for all kind of kind of scenario it's really it's it's a camaraderie just trade that inverse chart long Tosh like if you like I would short this I would short the bejesus out of this then just long that oh I can't get over this bro I can't get over this man look at that look at that that is the death candle bro that is the death candle yep oh my god the funny thing though remember guys remember what I said the disclaimer was this is inverse so don't think it's a short you're going to see this is the inverse then you're going to short and then it rips to the moon just look at the scale on the right side they're minus signs yeah just look at yeah okay I'm a short I'm going to I'm going to short here at negative sixteen point five dude that is so funny so love you guys man thank you so much for coming this week man Joe always fun as hell dude I'm going to go grab a fat nap man I I'm going to go guys if you have any questions running on empty shoot me a text 213458 5997 and you will not get you're not going to gain dick pics but you will get information on how to join the club sorry mom would say okay I'm out later brah