 and now we can just talk we can just do some free talk if there's any mods that want to come on right now and just shoot the shit Terry you here buddy cool man let me bring on Harry we can talk we can we can we can make this some kind of podcast style we will absolutely get to all your questions they I promise you I'm gonna try to leave no question out and then again man we just want this to be fun man we just want this to be fun hold on there yo what's up yo harry what's up buddy oh I'm just I'm fucking tired in Canada like I just got my vaccine or whatever for COVID oh did you and yeah it was a long-ass fucking wait and now I just feel like a little lightheaded so I don't know what the fuck's going on but everybody feels like that after that's what I'm hearing man I haven't got one yet but I hear that everybody feels that same way dude so take it easy bro yeah definitely rest up the rest of the day man like give yourself that time to really like dude I'll just give you an example right harry so my dad was in town the last couple days and and I was telling guys in the morning like I never get to see my dad bro I never like literally maybe once a year and I love my dad he's like kind of like my best friend he's one of my best buds and he's and he's really like me 63 years old but he's like 30 years old even his spitting image of me we went golfing oh yeah I saw that I texted and I was funny right like he's a funny guy he's really fucking funny and and he's just he's just young energy so when he comes out it's like hanging with it with like a best bud and and he left this morning because he was staying with me for three days he lives in Cali and dude I was so depressed man I couldn't trade today my emotions were fucked up bro I couldn't trade I was I was legitimately like emotionally fucked up really I swear to God I closed out a swing on Tesla that I've had for like a month that's all I did dude I was like man I really want to hit ENTX I really want to hit dude I was too fucked up and I knew that if if something went against me in my day trading with such like rocky emotions yeah I knew that I had to give myself the day or I'd really try to start fighting a stock I would clearly like dude some days you just got to give yourself the day yeah bro that's that's what I've been telling a lot of people it's like if you if you like you know if you if you have like a big bell or like you know maybe a family member leaves like you know you're talking about or like you know just like anything in your personal life you it can it can translate so easy to the market where you start fighting a stock short on the front side because you're pissed and you know you take it out on that and like it's good that you know I mean like obviously you're like a veteran so like you recognize that easy but like for the newer people who are listening you know like we all recognize that type of stuff where we're like yeah we need to to take the day off because we're just emotionally out of it you know well and what's so funny about you saying that Harry is in the beginning bro when I used to say that because I said it for years dude I said it for years bro I'd be like I'd be like you know what I'm gonna give myself the day and I couldn't and I couldn't because I didn't know yet but now I've been trading for so long I know it's not that my mind's messed up if the stock is going my way it's not that if the one day that death kennel is the one out of 10 that doesn't work my way I know I'm gonna fight it because my emotions are done yeah 100% and that's where you know that after seven years you've got to pump the brakes and I knew I'd be very weak today if a went against me so I actually sat on the sidelines man yeah no I mean that's good I mean even well it's just like we were talking about last time like the ability to sit on the sidelines is hard it's easy when you like when you're how can I say this it's it's it's easy when you're first starting out or like you don't have an account or like your paper trading to sit out on the sidelines when you have a real account and like you know how to trade and shit like that it's hard as hell to sit on the sidelines because you're like shit this dip it's support I gotta go in and get that I can easily short that right now dude look you have no idea bro when I saw this on ENTX I was like oh my god that's it that's it I was like that's it that's it that's it oh bro you gotta check out this savage long I got on this I wanted to post it savage long when I saw this Harry I was like no dude I have the day off I had the day off I had the day off and I was just like I was really in my head yeah I knew I knew that if this is the one death candle that doesn't cooperate I'm gonna lose big today yeah yeah well after a candle like that like I even said like well I said after I sold it because I got out at 788 and I said like once once a candle like that comes like it's done like the odds of that reclaiming are like like it's just not going to it's like 10% odds it's like 90% odds that you will get lower yeah 100% so I was just like no I'm leaving this for the day like peace and look how it tries to stuff that uh 760 level just tries to get up over it and then just immediately slammed right back there that was nasty bro that was nasty look you could write you could draw it technically at 750 because that's a whole and a half dollar but this is the level that we're talking about guys with this like 760 touch and just dead yeah yeah and everyone who's longing the breakout is just smoked I think that as traders man you gotta know your weaknesses and you gotta know your strengths and on a day where you're not feeling it on a day where you fight with a spouse where you get in a fender bender when you when you take a vaccine you give yourself the day yeah oh my god uh I was pulling out of the parking lot and there was a friggin Marseilles AMG with the license plate bitcoin get the fuck out look I'll send the fucking photo in the chat send it send it send it that's not even joking I'm not even joking I took a picture of it it was watch it be Michael Burry's fucking it's let me see it's sending here yeah Chrissy we'll we'll talk about that in a second that's funny dude it's just a c43 yeah that's still one bitcoin oh definitely for sure that's so funny how do you get what nobody else had the license plate bitcoin like this is the only guy in the world like are you kidding me bro I I tried to go for the license plate NASDAQ and some guy uh I know who the guy was like because like in Canada like where I live like it's super small and I saw that same license plate and I was like fuck I tried to get that and then so I asked the guy like I was like oh like do you trade do you whatever he's like uh no no I don't really trade I just I uh I own a bit of Tesla and I was like well where'd you get in from he's like 700 I'm like oh fuck but he's wait wait wait like pre-split yeah oh that's really good then that's really good yeah yeah because a 700 average right now is dog shit yeah and so yeah no I believe it was pre-split because if it's not pre-split he's underwater still 50 points well yeah I didn't really get into it with him I was just like oh yeah yeah that's cool he's like oh I think it is pre-split like 100% it's pre-split yeah and um yeah so he's he's not changing his license plate anytime soon that's so funny man and I'm not picking bitcoin because I'm not walking around like a dojo coin bag holder I'm so bearish on bitcoin I can't even tell you oh me too me too I wouldn't I wouldn't put 10 cents of my money into bitcoin ethereum or any of these nasty coins no no it's going to take a while to the thing is is that it's going to take a while to clear everyone out and then maybe a mic go for another run like I wouldn't be surprised if we hit 60k but it's got a clear a lot of bullish well what I came to terms with is in my endless hours of research is there is so much fraud in the bitcoin industry and how it's not oh my god dude I mean when I say I went down the rabbit hole I can't even like I can't I'm not even going to talk about it it's so bad yeah but there are only a couple coins that I think will truly make it yeah 99% I feel this this industry is going to get leveled and unfortunately people don't know why that's the problem they just think it's something no dude the level of fraud and the fake money that they're printing to back this shit dude it will come crumbling down like Michael like the 2008 housing crisis like Michael Burry's talking about oh man and I just can't wait like I'm just sitting here like like I'm in Canada and I want to buy a fucking house but it's like I'm not buying a house that someone bought last year for 250k that are now selling it for 400 well let me take some doubt that was why I didn't build a house in beginning of year bro I literally had plans I had a builder ready and he said dude do not build right now and I'm your builder I'm literally telling you wait you're at the peak yeah yeah I know it's crazy and my my girlfriend's friend her dad builds houses and he's built like a house for every one of his kids and he's like to her like wait a couple years and then you'll you'll get a house you know yeah you know the thing the thing about people which they do in stocks they do in bitcoin they do in real estate is it's an endless cycle of retail euphoria yeah I get excited so I have to buy it I don't care where it's at I just want to be a part of the movement I just want to get in I just and of course we can be wrong about bitcoin we can be wrong about things but the point is when when the whole world is obsessing over something that's generally not the time you should be buying yeah 100% I I definitely definitely agree definitely 100% that's why I just said to my girlfriend like we'll stay in like our apartment right now and then when the time's ready like fuck I might even build a house like I might even fucking build one you know well and people underestimate apartment living here you see at the problem is is people well haters who don't understand anything about money they'll be like oh you're in an apartment no dude the the power of an apartment is I am such an advocate of apartments because it's not ownership you can build an apartment anytime you want it's cool I like to call it being in cash so you're not like when you're in a stock long or short you're invested dude you own it when you are say renting or in an apartment dude you can up and bail anytime you have no fucking ownership it's even Grant Cardone the biggest real estate guy in the world is like dude only rent only rent only rent yeah 100% yeah yeah no I know exactly what you mean that's how I picture it too as well like you know like you can hate on it all you want but like if I wanted to fucking move wherever I could literally move wherever the fuck I want like in less than a month oh of course dude of course but but the option of the responsibility is a whole different argument than do you have the money to build the house it's do you want to be a homeowner yeah and do you deal with what comes with it that's the difference that people don't get dude I know million dude I know people were the hundred million dollars that still live in an apartment no a really nice apartment they don't want the freaking they don't want to be tied to something yeah no I completely agree and I respect that yeah no I freeze a couch a house is not an asset especially if you live in it I cannot stress that out Stan gets it a house is an asset if you rent it out but but in renting it out you still own it you still got to deal with the shit yeah yeah people don't get that people don't get that until they're actually in that situation to make a decision completely dude I love that it's just like being ready for investing or stock trading right it's like are you ready to risk real money off a simulator you're gonna be invested now you know a simulator is like renting an apartment you you can bail at any time like you're not obligated to shit yeah no no you're just learning you're just you're just taking it easy you can up and go especially if you're a nomad they just moves and moves and moves that'd be dope honestly I'm down to do that after COVID I was talking to my girlfriend about it she's an account everywhere yeah I was literally like we could just travel for like a year you know you're gonna change your name to like travel trader or something like that like trading on a laptop I think that's kind of a little not for me but I think that's been done that's pretty cliche at this point yeah like I think I'd just probably keep her low key but you know I mean has been doing a lot of that as well you know just traveling around and like trading as well and you know I like I have some money saved as well like I mean right now if I didn't trade for a year like I'd be fine but um I guess like for me like I was just I'm definitely thinking about that like you know just like fucking traveling for like six months or a year just after COVID because like I couldn't really go anywhere at all and like the they locked the fucking border down here you couldn't travel like I haven't been like let's say three to four hours from my house in like since COVID started because you just can't go anywhere like the the inner provincial shit is just all locked down so it's gonna be high maintenance for a while and whether that's a good thing or a bad thing it's just the case that look at Tay is doing a flex on us right now this is what's called a swing flex a 382 pre-split test leverage okay that's called flexing on us yeah yeah harry I I totally feel you on that man that's just the nature of anything right is like yeah especially with with these things that are you know like COVID which is which was so unpredictable and the predictability of how it's gonna last and if variants are gonna come or etc it's unpredictable so people are going to be really high maintenance about it whether that's a good thing or a bad thing it's just going to be one of those thing that that gets in the way of routine for people 100% yeah welcome to Canada now go back we don't watch here it's in how lovely yeah lovely stock I pay stocks layer I pay cash for non-assets like the car motorcycle house never borrowed to buy non-assets what I learned from millionaires but exactly exactly don't like what why make payments on something if you don't have to the APR is just gonna eat you alive the interest is just gonna eat you alive right and even if it doesn't eat you alive it's just gonna be money that you're unnecessarily spending I totally understand that harry what's uh dude outside of that man how's canada right now how's how's the weather uh the weather here it's 21 degrees here I don't know no but that's not in Fahrenheit oh got you so like compare it to like 120 degrees let's say uh it's 69 Fahrenheit here okay that's not that's not bad that's that's actually too bad it's probably yeah yeah no it's warmed up a lot which is nice I mean that here I'm in a t-shirt and shorts like that's like summer here I was gonna say 21 degrees do you get the fuck out of here yeah no no no that'd be that'd be fucking crazy dude we had a heatwave recently in Arizona because here's a here's a thing that I would say about Arizona and we could talk about some stocks after this guys if you want the thing I would say about Arizona is it is heaven on earth eight months out of the year there are four months out of the year where you are going to wish you were anywhere else yeah uh phoenix james it's really big phoenix is massive oh that's cool uh it's a hundred in Denver I'm dying all right so I think we had some quick oh shit James is in Tucson very nice man yeah we're I guess we're close I'm kind of new the area probably a couple hours um because it's so big out here I think this was the first question I saw uh Harry can you help me understand the short uptick role short interest in margin calls I'm guessing she's super new have never traded shorts before and interested in learning of watched a ton of videos since joining so guys if you have any questions please post them right here and we will get to them again with this is kind of free talk this is kind of fun if there's any other mods that want to come on please do but we're here to kind of answer your guys questions and just kind of have fun in the process so Harry you want to take that first one yeah um I mean short uptick rule that be SSR yep and you know basically you know when a stock goes down too much they put SS I'm just explaining that's super basic but you know when a stock goes down too much they put on SSR and basically what that is is like you know you can't slam the bit you have to wait on the ask um and for a lot of short sellers that can be a pain because you know if you're if you're getting a lot of people like every single uptick you know you need an uptick to get filled so if it just washes right away um a lot of people can get short at a bad average and it can trap you so it's not really great for shorts you know short interest would just be percent of the short or percent of the float that's that's short and a margin call hopefully you don't ever get it but it's basically you know when you've blown your account and the broker has to close the position for you um never traded shorts before but I'm interested in learning we definitely have a ton of content here for you I've watched the videos I've watched a ton of videos since joining yeah um you know you can keep just going through and um yeah there's a lot of that stuff in the the trading basics with Joe Kelly definitely and Chrissy the thing about the short uptick real or basically SSR is what you're saying is you know I get a lot of secondary questions on this like hey Tosh how do I see if something is SSR outside of calculating it yourself which we talked about in the videos it's it's just on your platform guys literally if you have the right platform like DOS or something you're going to see it in the corner it's going to say this stock is actually on SSR so you don't just have to guess you can actually see the visual identification that oh okay ENTX or XYZ is on SSR or it's not on SSR um and then margin calls broker wants their money broker's coming to collect on your ass that's what that is uh let's see where we at I think I think that was the first question how would you have traded ATOS today I wouldn't have I don't I don't like this stuff I I don't like this I wouldn't have I wouldn't have traded ATOS today that's not my thing yeah I like loading of fruits when they're day two I don't like like it's been multi days and then this and then this like maybe you wait for the mountain ranges but like again like this is just not my type of short I like day twos on where it's a very very clear day one after a day one I just don't like random day twos after a day that's been down it's not my thing it's not my thing I've just never been so I wouldn't have traded that today cash even if I was trading today yeah and I think the thing about the first red day setup is that like if if like you go back to ATOS and chat and before like I didn't really hear about ATOS till today and so unless we have everyone like let's say we had you know that uh what was it that a stock that was running and everyone was talking about it and everyone was saying first red day in the chat and Alex was saying first red day kind of similar to AMC where AMC had all that hype on it yeah those are the best first red days when everyone in the NASDAQ knows about that stock we have a ton of people long just that hype that euphoria everyone's like wow did you see XYZ like that's a crazy runner it's multi-day that's where we're talking about yep ATOS I didn't really hear a lot of chatter about it I think that that other a stock yesterday what was it like ALT or something like that ALS ALS yeah see this yeah no this is what we're talking about Harry that's exactly what I was explaining it's a massive day one that's very clear and then this is a nice day to low hanger when you're talking about ATOS it's like who's talking about it it's a random down day after some random like like I just don't like this like and specifically the only way maybe I'd even contemplate a short on this is if we had a pivot point that matched with the outer lines but as you can see no pivot point just down here and I am not hitting this low so definitely not no especially yeah with that range yeah yeah correct so what let pivot points also be your guide guys let it be your guide it's going to help you massively like don't don't guess it if there's a very clear pivot where core lines with the previous mountain ranges and the previous tops that might be much more convincing for you to say hey I'll take a stab at this yeah for sure uh let's see I have a question in regards for a broker for someone under pvt so I'm currently going through the videos and paper trading first red day low hanging fruit and death candles on to us overall I feel I have an affinity to having a short bias with being under pbt I want some advice from the mods and other members on what would be the best broker to rock with using to us in a cash account and trading uh longs till pbt let's just I I totally understand your question right here md wizard uh dude what to us is just not going to be a short whatsoever of an account less you're only doing big caps so when it comes to being under pt obviously you're not going to be a cobra but you could get venom or you could get trade zero I definitely recommend those because you can long in any of them and you can definitely short when they have the shares but if you're using td ameritrade as kind of like a home unit for both you're just going to be failing miserably on the short side all the time because you're just not going to be able to find shares with them yeah and I'm not sure how venom is for boros I'm not really sure I know tz will always have the main ones it'll just be a bit more expensive um but I mean I honestly like I'm a big believer like if you want to be a short trader and you're under pbt you should just practice shorts because if you're trying to learn longing and you know you don't really understand it and you're just sitting there like struggling and struggling and struggling but you see great short setups like I'm a big believer like you should just hit those short setups you know you should really wait till those death candles happen and then short the pops you know instead of just trying to long these setups that you really don't understand and and buying the breakout and you know getting into stuff that's hard like we have first bounce here and we have videos if you learn how to long but like if you don't like longing and you really like shorting you know like what are you doing you know you should just focus on the shorts that's how I kind of feel you know because if you're waking up every morning you're like shit I have to long again one more time till I'm over pbt like that sucks right and and you're not going to have that that passion and you're not like that that's just that I would not like that at all so I mean I think that you should just go with probably tz and just you know watch the videos and just hit like first red day setups and hit low hanging fruit setups and hit you know those broken stock setups and just slowly build your account that way and just stay away from shorting the hot chicks shit stay away from from shorting those those runners and I think you'll do fine I agree I agree very well said uh let's see please for this guy earlier yep um guys I have a question for the q and a later please uh did you do low hanging fruit I'm trying to scan these myself every day as I want to really get really good at finding them for a small account what is the mods experience the sweet spot for stock prices for low hanging fruit so uh number one to answer that is the way to scan for them is anything that ran on day one guys is usually a low hanging fruit day two right usually it's a really good setup for a low hanging fruit day two so just whatever ran on day one you want to pay attention in day two like we were talking about earlier with the pivot points in the outer lines number two for a very small account with $2,500 uh you know that's a toss-up because that's more of a bias as per mod but dude I don't necessarily recommend shorting with such a small account I actually recommend doing it first bounce like with Harry in his style I swear to god yeah and also I think number the best low hanging fruits are going to be the ones that have a lot of attention the day before that was a big runner because then you know you have that supply when it comes down right but if it's a stock that like maybe was broken the day before and that just lingered around and not a lot of people were long and you know those are the ones that are a lot harder to trade low hanging fruit but that ALF today where everyone was talking about it yesterday and finally you know we get that pop and we go lower those are going to be the best kinds of low hanging fruit setups and and maybe like I'm not sure it might not have gotten to Bows along or to Bows line sort but just as an example those are going to be the best types of setups just because you know you're going to have that supply when the things start to crack right yep correct and then and then fundamentally guys remember the reason why we're saying like I the reason why I'm sure Harry feels the same but the reason why I say I think you should be a long trader when you have such a small account is you don't get wrecked by the fees dude fees of shorting are no joke man yeah it's a fee problem 100% yeah if you have a really small account I would definitely recommend first banks because that's really your only option definitely definitely you know but if you have like a 10k account and you're just like or even like a 7k or something like that what would you consider a really small account something under 2k I'd consider really small even under 4k I'd probably consider really small you know but I think like if you uh I've just kind of I read that guy's question and then got off track frigging vaccine in my fucking head now but um you know yeah I think like definitely first bounce is probably going to be your only option and you can get really good at first bounce to grow it and if you're not greedy with first bounce you can build an account super quick but it's when you're trying to get every time over high a day on a first bounce or every time making a dollar or two dollars a share that's where I see a lot of people who kind of get in trouble you know dude and and here's also the other thing guys is what you're gonna realize you're gonna be so much better of a short seller when you know how to long stocks first yeah it's just true you need to know how they come down once they've gone up yeah because you know that everyone's trapped you know that's the point that's the point because because dude when you're a long trader so the first two years my trading career was a long trader I was doing the first bounce and built accounts on the first bounce I didn't even know what it was called back then dude I was doing what Harry was doing seven years ago when I first started I was like oh man this is really strong it's pulling back to VWAP why the fuck wouldn't I long it here it should continue up this is a support and like dude it just common sense for me right I built some accounts but then I was like okay why am I was freaking out the second I get along it's not my comfort zone and I was like oh man I really like shorts because once I know that minute where you know when the reversal happens if I feel like I was a long which I was and but I wasn't comfortable and then I saw the tide shift I was like okay now I'm comfortable to just go a lot lower and then I just found the comfortability and shorting where I knew I could hold 10 times as long I just identified it better but dude I swear to god like in the beginning it just made sense to me I said dude long strong stocks on the way up until support doesn't hold until the shift changes like it was that simple for me yeah yeah 100% and I know a lot of people who do who I well Austin's really the only person that I know who can do it well but they they long the front side on the way up and then once they see a death candle to signal that kind of backside they kind of start shorting the pops and there's a ton of people in the small cap world I know there's definitely a couple in MIC maybe even midtown has done it before as well there's a couple people who have submitted charts that have done that as well and you know they go short on the backside and you know so you can practice just just going long on the front side and then when you kind of grow that account you can also kind of you know short the pops after a death candle like especially on a day like today yeah man if you learn how to long first and then you gravitate into shorting and be like kind of like an ambidextrous short and long trader the beauty about being a long trader first is you're going to know when your edge is gone when like that death candle comes with stuff and then you can flop short you can flip yeah and I think with a lot of people they like the only people who are going long after a death candle are the people who missed the front side right so when you have the the dip buyers underwater you have the people who chased at the top underwater that makes a great recipe for a short right but you have all these people who probably missed from 6.8 to like 8.6 and they see that massive move and they just have FOMO immediately right they they they see that move and they're like oh man like I missed that like I need to to buy it and then you see these people who who also probably saw ALF yesterday and let that go without them too and they're like this is going to be the one this is going to be the one and they chase it that 7.8 7.6 level and they start chasing and it just doesn't work and they're like oh well chase again doesn't work and then they're underwater when we get to 7 and I mean it's just it's just you know how it works we just get flooded with that supply and down it goes guys this is what here he's talking about for the longs like him this morning that did good on this run-up the guys that missed this on the long side they're long buys traders when they see this death candle but they're hoping to god that now they got it on a discount now they got it on bargain now this stock is on sale for another run-up they're not taking a consideration that this is not just a drop or a drop to support dude this could be the signal and likely is the signal to the end they're just so FOMO'd out from missing this run-up that now they get in here and then they just get dumped on the rest of the day and that's when you really get fucked up psychologically yeah 100% totally uh Chrissy we definitely answered that earlier um I see most of the traders of discretionary is there anyone who's specialized in quantitative programming algo trading um not that I know of but I don't know Harry you know anybody that does that and also it's not really something that I'd really want to get into just because I know that every single uh algo on Wall Street is definitely built by people who went to Harvard so I mean I don't really want to compete against algos like that uh that's why I just I didn't really want to get into it because I knew that you know all those algorithms and all those friggin uh machines like they're gonna fight your machine you know you have to fight against those things you know to get positions and it's just super super hard so not something that I really wanted to get into I totally agree man I totally it's just dude why fight the strongest or the strongest or smartest people in the world or machines why don't you just waver a fucking death candle dude a dumb ass could make money on death candles like I don't want to be the smartest guy in the room dude it's not necessary yeah and that that death candle is probably from some alcoach is dumping their position and just pulling their bits for the day you know dude literally that's a goldman sacks guy just saying and fuck this dog yeah he's like you know what it's uh it's you know 10 o'clock or so I think I need to go and uh chill in the yacht for the day this this death candle right here was an algo driven guy at goldman sacks that said you know what I gotta take a shit I'm out yep and that's what he did I'm kidding but you know what I mean yeah yeah my thing in terms of practicing shorts is a yep exactly um so what do you consider a really small account anything under 3k in my eyes harry what do you think that's what I said under 4k under 3k under 2k small well realistically I guess we're being like kind of like lenient with small anything under 5k guys you have a really small account yeah let's just keep it there anything 10 or above you have medium anything 35 000 or more you have a bigger account you have an over pdc account you can get a broker to anywhere cobra all the guys and this is something that like like alex does not keep more than 35k in his account he doesn't need to none of us need to yeah uh yep yep exactly harry austin goes both ways with stocks uh my main goal is to learn longs and understanding when to get out when to get out by understanding how shorts trade um then once I get good and solid on longs with consistency I'll start learning to trade longs uh t-barley 90 do you only use three-minute candles yes I do I notice that all your videos are in three-minute the reason why is because I made famous kind of in this community more specifically than others is death candles yes true I can see a death candle like so on a three-minute chart specifically like it slaps you in the face now let's actually change this to a one minute and I'll show you the difference I let me try to remember how to do this um my time frame like it might be oh no you got it yep okay so we'll do one day one minute let's change this hold on this is why I use three minutes guys I've this is the only time for my ah shit okay there we go okay sometimes you can't see it and sometimes you can there's really no difference because it was so quick this you can definitely see on a one minute but guys sometimes did you go to alf right there what's that harry you go to alf from yesterday it might be a little bit more clear on the point that you're trying to make yeah I'll have to yep I it's gonna yeah yeah guys I can't see any death candles on alf yesterday like like not even that's a death count like I like let's see about the three minute was there any death candles on a three minute I can't remember no I don't think so no no not really but but the difference is that what I'm trying to say guys is what were we just on ENTX sometimes on a one minute chart it's it doesn't look like this like it's like half and then it continues on the next one minute candle and I'm just like dude I can't fucking see the death candles so I specifically trade because it eliminates enough of the noise that I can still see trend but I can absolutely see when that stuff move or death candle is very prominent that's why I trade three minutes yeah 100% yep um yep so hopefully that helps you Alex if you feel that you want to give that a try the thing that I will tell you is the first year I was using one minutes maybe first year and a half the minute I found three minute candles my buddy was like dude you got to use three minutes I promise you'll never look back and I was like yeah okay whatever fuck you I put them on my charts for two weeks I was like dude I cannot understand this I don't get it how the hell do you trade like this after two weeks I said I'd never look back again and it was just home free and I was like oh my god my eyes are open it takes two weeks of misery to really get used to them but once you do there's no comparison in my eyes I've converted a lot of traders on Twitter that you're impressed by that you know trust me like some millionaire traders I've converted them to three minutes over the years over the last seven years that's how powerful this chart is well yeah 100% and like I still I think I don't think it's on the computer I have now but the computer I have before there's literally a chart or a folder on there called Tosh's charts yeah that's funny no way I would look at your fucking charts and be like shit this guy this guy knows what he's doing like I need to have all this guy's charts before you deleted them on Twitter like I don't know maybe I don't I look for them another day and I couldn't find it I was gonna post it in weekend mentoring and just say like man like I but yeah I would literally have a thing of your charts on there dude that's so awesome that's so I literally and you'll notice Harry and every single one bro what did I wait for in almost every chart death candles 100% that's it that's it more be those random fucking chat room pumps oh yeah but those don't exist anymore like they're gone back then they're gone so what happened guys is like I know you hear like the term farmer and stuff like that and that was still pretty good at those I used to hit those those pumps because what would happen is is before it became famous like who those guys were specifically you know the ginger magician um is every 9.5 times out of 10 those pumps would fail and you could literally short the second he got in him or said he's in him and you could scale it dude I'd be sometimes scaling three dollars against me because I knew the odds were so unbelievably rare I'd take a loss on them that it would just pay and they did and nowadays it's like a 50-50 man and I just I you go I just go with more solid price action and stay away from the pumps more so on that regard now again as a trader you have to evolve you have to go wow I used to have a serious edge there now I only have a semi-edge there and maybe I don't want to fuck with a semi-edge maybe I want to wait for the thing that really pays me okay so I just plugged in my external hard drive and I had it back in 2019 if you scroll down to the bottom of this chat you can see dude that's so funny oh my god how many charts do you have in there oh fuck that's hysterical bro that's back in 2019 that's insane yeah that's crazy dude we've been we've been around for a long time bro we're old we're old I know harry post one I'm like curious I mean let me let me see your tie I want to see what the market looked like back then let me find a good one let me find a good one I'm at I'm at like ADIL yeah okay I'll post this one I'll just post the first one because there's there's a lot I can probably share them all to be honest you can share oh yeah those were the pumps dude I used to hit every single one of those yeah yeah I love those pumps man those were I was the master of pumps but the market changed for those I just you can't do them anymore man oh bro you would fucking nail those I was like how is he able to short these random volume thing what the hell where that wasn't it was an art for it bro yeah and I'm like man this guy this freaking guy bro they would have like Larry like 200 300 000 volume on them but I would know exactly where the top was it was weird it was who knows man I was just plugged in uh let's see let's go back I long 90 percent of the time so no right or wrong way long or short be patient to learn your brain's niche I like that stan yes oh my god bow's an algo dude for sure yep bow fought some front side today it looks like on all that was today was that today that was today right yesterday I think oh that was yesterday yeah I was gonna say that doesn't look like today um yeah yeah bow bow will tell you when he shorts front side man I'm telling you he he will he will definitely tell you um really where's the candles still cracks me up best quote ever credits and hey Tasha been watching the lines videos and still having trouble drawing too many lines how do you draw focus on just the major lines um give me guys give me a really good example of something um here we'll do I don't think no because I usually it's pre-market right so I base everything off like I'll just give you the example for alf right like today I'm always a pre-market trader or a pre-market line drawer so I base everything off what the stock previously did before right and I think Harry loves that too when he looks or tackles the short side but here's the thing that I love to do so I love mountain ranges man if you're hitting a low hang fruit like alf where is the general accumulation of where all the mountain ranges were I would write right here for um pre-market based on this top this top this top because I would scale up to the top obviously so I put like my first line right there second line right there but if this was a day one pre-market you just draw them at the mountain ranges man I mean like this is how I've done it for seven years dude where are the tops draw them out pinpoint them circle them make them famous and then when they pop up to the levels if it's a not if it correlates with a whole and half dollar level that's where you know resistance is that's where you know the first touch should fail that's where you know you're going to have an edge that's you that's where you know you can nail a bill and if you have to kind of you know gravitate towards a common ground of all three do that and then again you know like 15 would be the first I didn't see that that was a whole and a half dollar number that would be the first one so that would be the first one I would draw 15 why because it correlates with kind of this top and these two and that's a whole and a half dollar number and then I'd probably go up to 1550 realistically if I really look at these and then if you want to give yourself perfect range and hit the mountaintop then you can start right here but that's a lot of range at the base because that's a the base is usually where they go to and not the wicks so like as you can see the base of this one would be 1502 base of this one would be 1526 and base of this one would start at like 1460 you know the bases are more powerful than wicks in my in my journey of trading ha dude you're giving me memories man yeah look at these freaking low volume pumps oh man oh shit you do have a lot I used to I used to save them man bro I would I literally went on on Das to like I would also go in Das and I would save the same chart in Das with the exact line that's so funny man yeah I think I'm I can almost guarantee that any chart that looked like that they're all farmer they used to be yeah no I know I I figured it out and I was like shit that makes so much sense man walk down memory lane bro seriously bro I can't believe it 2019 that is insane no that's crazy man that just goes to show you how long we've been in this game man because because Harry I was trading for freaking at least three years before that I think dude or maybe I don't know dude I can't even remember the first day I met can you believe that dude I don't even know what my anniversary as a trader is it pisses me off I'm always like what the fuck did I place my first trade what year yeah I remember I was I was I was definitely in grade 11 grade 12 when I first started for sure because I remember being in uh in high school and um I was trading like in high school that's crazy man I wish to god I saved all those charts dude I like completely like lost hard drives of the years eradicated because I used to keep that like like um like with the full process like what I was talking about earlier guys like I kept a lot of ease for this is back when I used to keep them like and I made this process for you guys that I kind of understand like what I look for what we do but dude I used to have I'm not kidding Harry I probably had 400 charts like this yeah easy easy easily easily because they're just good examples to pass to the next generation but man just whether it's getting lazy over the years or or just getting stupid and losing hard I just I just lot you go through computer after computer I just lost them yeah that's the same as me like I used to I used to also post charts on Twitter like every single day but just like kind of like also like you were talking about in that rant too like you just kind of just get bored of it and it's just like I don't need all these people like liking it or saying oh congrats like when you have a boring consistent process like if that's not gambling and that's just doing the same thing every day yeah it's like another day another chart this is obl and this is end of same shit different pile like it's the same chart all these are the same you know well mine my predicament turned into a workload thing meaning when I used to post on Twitter the reason why I stopped posting charts on Twitter actually it got to a point where even in chat I stopped I got too much demand on top of the 10,000 things behind the scenes that I do that that you don't see whether it's emails or social media or keeping the business running you know with Alex and Bowie there's so much on my mind that another notification sometimes makes me want to jump off a bridge and and I get three guys ask me on Twitter I am the type of guy where I cannot let I can't rest until I've pleased everybody meaning I have to answer this person back I have to when I have a hundred messages on Twitter of hey Tosh why did you short there I can't fucking meditate or rest until they're all answered so I had to I had to stop you I have too much other stuff to focus on like I'm just that type of person where my brain just has to OCD finish it before I can give myself time and it's never ending when you post charts it's never ending yeah no I I I definitely definitely agree yeah dude it's it's yeah I would delete my Twitter and Instagram tomorrow if it wasn't for the business I just the endless notifications it really takes a toll on you man I can barely log into Instagram these days of social media without seeing 10 000 billionaires and then you start comparing your own life you know like holy shit dude I know I do good but damn look at this guy and then you know right no I know it's never enough there's always going to be someone better than you and that's the nature of this business and this is why I like to keep this kind of podcast style guys is this is this is cool stuff to talk about right this is some stuff that like a lot of people don't talk about I mean we could talk about lines all day but you guys can figure out lines really easily this is like what it means to be a trader over years is what it means to keep your sanity this is what it means to deal with losses etc etc and being a trader you have to protect your mental you have to protect your own thinking every single day because if you let your mind go your skill is gone yeah it's gone dude I've seen traders trade for five years be ballers be awesome be very profitable and they let their mind go and they couldn't they can't trade their way to paper bag now yeah and I'm like dude because your mind is gone bro yeah it's important it's important you gotta have that you gotta have really really in my opinion like the mental side is so so important and it can be it can be like simple things as like you know taking breaks but also like just like you were talking about today like you were like okay I'm taking the day off today because whatever you know by taking that day off you know that you're saving yourself from a loss and also you're not going to let that loss snowball and snowball and snowball and snowball that can get you in that type of predicament you know yep I'm who knows if I didn't save myself four grand today because I probably would have gotten squeezed and try to fight a stop yeah 100% you have to think about things like that right yeah no do you always use the daily chart to confirm your pre-market lines along with pivot lines uh nick um good question I do if it's ambiguous and what I mean by that is I if I have to question pre-market because I'm a little bit like and this doesn't feel like a crazy solid line pre-market I will check otherwise no if it's very clear pre-market I go no dude this is the line I don't even need to see the daily this is where I want to be yeah and I think for me like I obviously map out the main daily lines because like you just want to know but like for me like unless like it's uncharted territory the pre-market can really map out a good guide for me so I don't I don't look at every single little daily line if it's a big daily line then I'll I'll pay attention to it but I love using the pre-market chart to map out where I'm gonna go because the stock is already gone there and it's already gone there today and so for me like the pre-market is usually enough because if you're if you're going too much into detail like oh this pre-market line but oh this pivot line but oh this daily line but oh this whatever and this bag holder and this v-wap whatever and you you get too complicated you're gonna over complicate your brain yeah and you're just gonna go nuts so I like to keep it simple pre-market for me the pivot is good and anything other than that unless it's a big big daily line no let me put it to you as simple as I can if I never was able to see a daily chart I'd still have a trading career yeah me too hundred percent right Harry is if I can see pre-market I have a trading career if I can't see pre-market then I need the daily chart of course that's like that is like that's like a little like tip that we're just kind of giving away thousand percent because like I mean the daily chart it's important don't get me wrong the daily chart's more about the story you know but here's what I see on the daily chart when I look at this take two seconds holy crap job is this a pump and it'll go back to four dollars but when yeah when is the time frame so if the daily chart's super ambiguous what's it doing pre-market and if there's a piece of dookie it's a piece of dookie I look at this and I go there's a really good chance of failing once this demand stops yeah anyway I got a head out because I got to pick my girlfriend up I just I dropped her off after the vaccine she doesn't have her car bro do your thing hey Harry thank you so much for coming on man I think you gave some really good tips on the long side and kind of like to kind of almost debate my short side perspective I love it dude thank you so much man we'll we'll talk soon I love coming on here and thanks Tosh and I'll see everyone you know soon very you are welcome anytime buddy go do your thing I love it all right see you buddy see you bud bye man that is one genuine dude man let me tell you that kid is going places that kid is so going play dude he's like 21 years old man I started my trading career at 23 bro now I'm almost 31 oh shit there you go okay I guess I have been doing this almost eight years damn like a grandpa in this industry dude freaking Harry okay 21 year old is showing us all up son of a bit now I'm mad now I'm pissed uh yeah dude let's do a couple more questions uh and then I'll wrap this up because I know we're getting I know we're getting in the wire um hey Tosh can I oh oh yeah yeah come on man hold on Samuel I'll bring you on real quick and then uh and then we'll uh wrap this up Sam can you can you hear me hey yeah can you hear me hey what's up brother how you doing I'm doing good how about you dude I'm doing good man I'm super exhausted I'm probably going to do the fattest nap of my life after this webinar but dude let's talk about it what's up with the pbt yeah so it's super super quick question but I just wanted you know advice from somebody a little bit more experienced so I've got about a $4000 account right now okay okay and I've got some in savings but my question was I have a brother of mine he's you know he's pretty rich money's not a problem for him um and he offered to lend me money to get over pbt um now the thing is it wouldn't be money to trade with it would literally be just the money to get me over pbt to sit in my account and then I would continue only to trade as if I only had $4000 um my question is is there anything that I'm not thinking about that might be a bad idea to do that or is the you know getting over pbt is that a lesson I need to learn or do you guys think it could be a good idea for me you know to be able to get over pbt to kind of be able to scalp and channel trade like mc teaches um what would kind of be your guys advice on that maybe you know man that is so hard to give advice on that because there is some risk with that and everybody's different I will I'm going to answer your question with a story and this is my story when I first started I had $7500 to my name you know whatever eight years ago right that I was willing to put into my trading accounts that obviously I had lifestyle and I was working back then and doing construction and all these jobs I just really didn't like and I didn't have a crazy amount of money saved up man I kind of fucked around spent money like create I had 7500 bucks to start and what I did was is I put $2,500 in a three pbt account so I had you know I had an e-trade I had a tv merit trade I had another one etc interactive brokers at the time those are my three so I had nine trades a week but here's what I did I did what you I found a bank roller and I am a very disciplined person very fucking disciplined dude when I say discipline I haven't had alcohol in years I I don't I haven't had gluten in years I haven't had dairy in six months like I'm a very very very disciplined person Sam if that's not you this will never work right or like me you can make it work it's not exactly my advice man because you're using someone else's money and that is going to always play like a record in your brain now I used a bank roller but when I say that I use myself and when I say I use myself I used credit cards so back in the day when I had 7500 and I was trading for four months six months I went like this I went you know what dude I've got really really good credit I've got a bunch of credit cards and back then there was this trick that you could do with PayPal where you could literally like send an invoice to your girlfriend at the time or your dad or something and have them charge your credit card they get sent seven grand and just have them kick the money back to you so I did tricks like that where I was and there was no um there were no fees for it right it was like very very little fees so it was just a way to utilize the credit card system say you know I can pull money out of my own credit cards without paying an astronomical fee you would just pay the interest on the money that you owed correct so I back then would open up a zero percent you know credit card you send my dad seven grand and be like hey dad give me that back you know and I'll give you I'll buy you lunch for doing it whatever what have you and obviously then you have to figure out taxes with people and be like all right well fuck maybe here's 400 but whatever would have you it's a long story I bankrolled myself off lending money because I knew I was so good with the scalps and stuff I needed to take a chance on myself and I needed pt because I needed to trade more in three days or three times a week it worked but I don't recommend it man I don't recommend it bro the level of stress I was under was very hard yeah and that's that's kind of like why I was wanting to come on because you know it's it's kind of a unique with what situation you're in or you know who you're borrowing the money from what type of person you are because like for me I'm very similar to you so okay I'm extremely disciplined so I've got you know a four thousand dollar account right now I've got like you know ten thousand dollars in my savings and I'm not even putting in my account because I'm just right and so you know with my four thousand a dollar account even what I'm doing right now I'm trading with like you know 20 shares to 60 shares as learning the process um but it's it's you know difficult when you only have three day trades so let me let me ask the most important question how old I'm 19 the the second question I would ask you why are you trying to grow up so quickly that's the that's the real question brother you are 19 you are so above any 19 year old I've ever met why do you want to be 31 tomorrow well you know I would say brother truly that if I if you were my son and I was talking to my my offspring I would say brother work your nuts off and and go the organic way versus maybe trying to find a bank girl and putting unnecessary stress on yourself at 19 but again I am no more than an educator I'm not a life guru I'm not a shaman if you think that that would work for you I can't say it's going to be the play I can't say it wouldn't I'm just going to say that there are a level of emotions of emotion Samuel that you are not going to know until you're in them they're going to spring up in your trading only when you're actually in the situation of like okay I'm doing my process but fuck I owe this guy money yeah so I don't know dude I don't I I it's so hard because like I want to give you advice but I I kind of feel like I can't so I'm just I'm just going to tell you how I did it I took a major bank roll off credit cards which is really not my money I basically got bank roll by the bank back then but it worked out maybe only because it was my debt and not somebody else's debt or money sure I don't know sure yeah I will say it will add an element of stress to you brother which I wouldn't recommend and I'd say at 19 dude you're good dude you don't have to rush to grow up man I'd say work your nuts off truly um you know save as much as you can do what you're doing now um just stay on the beaten path them I just don't like debt man I I hate debt bro I really do and whether you're indebted to somebody else or you're indebted to a bank or a credit card I lived it I lived it it's stressful man debt kills people more than viruses do I swear it's it's insane dude people underestimate what debt is it is the biggest killer of our society yeah absolutely yeah that that makes a lot of sense and I knew it was going to be a hard one for the answer because especially you know when you're when you're in a public platform you got a lot of people who are missing your answer and I kind of give advice but I but again you say something that somebody will come back with you in a year blowing up their account and like I borrowed money because you told this dude too and now I'm gone and I'm in debt right right right well I'll tell you man you definitely made me think outside the box on that one and I do appreciate that the only thing I would say is if it was your father and he was like listen son I'm I'm bankrolling you because I genuinely don't necessarily care about this money or I can't afford to lose it and I'm raising my son that that may be different but if you just kind of know a family friend it's I feel like it might just put too much stress on you but again it is good that you're disciplined it is good that you think that you can do exactly what you think you can which I hope you can but at the end of the day it's very risky buddy yeah yeah this this brother I actually I live with him so we're roommates and so he sees me every day he sees me trading and you know he's bringing in a lot of money he's like bro it's sitting in my bank account like I it'll sit in my bank account or sit in your broker account if you want it and so I've been thinking about it but I appreciate all your advice and your in your opinions on it yeah yeah you know at the at the end of the day buddy if I was teaching a financial literacy course or I was teaching anything directly correlated to money not even trading literally like fuck trading right anything that relates to money is I would tell people to run from debt unless it was to get what you know stock stand was talking about stocks layer is appreciating assets where someone else is actually paying the debt down so you take on you know the good what's called good debt versus bad debt see bad debt is credit card debt or something that you owe somebody else where you're gonna have to pay monthly and it's actually literally gonna take money from your pocket see good debt is saying oh okay I'm very comfortable in life I want to get more comfortable so I'll go to JP Morgan Chase I'll get a $200,000 you know loan I'll buy this rental property and I'll have someone every single month pay me directly by paying down my debt which is going to build your equity and net worth in life that's very different there are two types of debt borrowing from someone to fund a trading career or do a pdt which is kind of the same thing in a in a in a way depending on how you look at it it's just it borders on the line of bad debt which is the most risky and the most stressful yeah yeah that makes sense that makes a lot of sense that's no joke brother it adds a different layer it adds a different layer and you don't know how much until you're actually in it right yeah I just you know man I'm just I'm always been very ego driven in this regard and and very stubborn I don't like to owe anybody anything bro I don't like to owe anybody a freaking car ride let alone money yeah so you know that's up to you man you got to that's something you got to make your decision but I hope that answered as best I can from someone who's been through what you're trying to take on a certain level of debt this now I mean that that's just my experience buddy yeah yeah that makes a lot of sense I really appreciate your advice and also thank you to everybody in the channel who sent their opinion opinions and I'll make sure to go through those as well absolutely man dude Samuel I would say man you are killing it so much man don't go too quick brother I mean you're doing fine for a 19-year-old man I'd say I'd say you're in a rush to grow up which I definitely appreciate because I've always been a rush to grow up too shit I'm the type of guy where I can't wait for 40 and 50 I'm not the type of guy who's like oh my god I'm getting older blah blah I'm like dude that wisdom that's gonna come at 40 the opportunity is gonna come at 50 like I embrace all that so I get it but just be careful buddy yep I got you awesome thank you so much Tosh you're awesome man keep fighting a good fight bud all right thank you see you buddy guys that was awesome it's always really cool to understand different perspectives of all ages you know what people are going through what they're deciding decisions that we're trying to make we're all in this together and we all have different perspectives and I think that's the beauty of the community that is MIC is is is is these level of questions that we can talk about man in an open forum and and I know I'm so thankful that Samuel came on with that question because I know in my heart that there's a thousand people wondering the same thing that are maybe in that predicament and I hope I hope my perspective my perspective added some layer of clarification on what someone's been through or whatever but again guys at the end of the day questions like that you do have to iron out yourself and really look in the mirror and say you know what's my comfort level for something of that degree or something of that standard it's very different than you know other decisions so again man we all have to make those decisions ourselves even though sometimes it's tough believe me I've been there but I will say keep fighting a good fight keep discipline and you know keep risk management and check and only take on what you truly can handle because you know things like that are a different there are different beef so guys this has been awesome I'm going to close this up before we're all deafened by the by the closing bell of TD Ameritrade love you guys we'll do this next Wednesday maybe that wants to come on next Wednesday bring on mods again maybe Harry but uh this is a lot of fun man I hope I hope we got some questions answered and uh and you guys definitely had a good Wednesday but uh I'm gonna kick you out of here I'm gonna go take a big old nap and do it we'll do this next week see you guys thanks guys