 start with the uh the the broker man I mean this is that that's what makes it all possible guys you have the right tools you have to have the right tools you can't you cannot come into the battlefield holding a little pellet gun right I mean that's the thing you have to be able to get a broker located and all that stuff so you want to talk about there real quick yeah guys so the broker that we're using is called success trader and the key about them is they used to only work with hedge funds and institutions so we've been talking to them and they were able to open up their services for the retail guy so as a retail trader now we have access to the same you know platforms the same locates the same tools the same routes that hedge fund traders use and bro it's been amazing especially the MIC route man the MIC route is like people are now copying the MIC route because it's so innovative we want to be with a broker that is innovative we don't want to be with a broker that's just doing the same things nonstop over and over again so being with success trader we get some of the cheapest locates out there some of the cheapest commissions out there and some of the largest rebates out there so for using success trader your commissions are point oh oh to a share by using the MIC route you're getting point oh oh to five a share which is point zero zero zero five in profit for every trade essentially and then you get and then to be on top of that you get the discounted locates which I think bed bath and beyond today was point zero zero two five so to locate 50,000 shares is a hundred twenty five dollars so let me explain further for those that understand this route because this route the reason why this route happens actually we wanted this route to happen we we told you need to create a special route for a couple reasons and first of all how do you compete with the three-page Robin Hoods of the world there's no way they gotta make their money right so what what happens is this these are ECN routes the electronic exchanges okay and they actually pay the broker money to promote their routes that they can send order flow so that you know so they pay the broker but most of these brokers a lot of these brokers man they keep the rebates for themselves correct the first thing you want to do is we do a pass to what's with basically I don't want the broker to get rich okay so the broker should get back to me so when me and Alex are traders guys first or most we're traders we sit here all day training man this is done you know we're not here just to pump and promote business right so we needed a route that number one I want my money back I want to get the biggest ECN rebates there are and so they got it to 0025 somehow you know they coded in the back end but what what that does is this guys your commission is 002 which basically is you're trading essentially for free you know you actually getting paid okay kind of right yeah five mills right but but more important than that guys I wanted the route to be completely free for you meaning you can slam the bid if you have a thousand order slam the fucking big no slam the bid all day long with the MIC route rose totally free totally free this is the crazy part guys that people do not understand this route is just not an ad liquidity route if you add liquidity yes you'll get to 025 but if you need to panic and slam the bid or or hit the offer spray the offer take the offer out for some reason rent to cover or whatever the hell they need completely guys that's man because there's no other route that I know of that does this so the other brokers are actually catching up to us because they they've been scamming all the time and then they're keeping the rebates to themselves so you guys and you're your your broker is like ooh they came up with this new route not do their force because we caught them we caught them stealing my by keeping this you know the rebates on themselves number two okay if you are a smaller trader and paper trade fuck the paper trade forget paper trade because you know if you paper trade too long you're gonna get you're gonna get all messed up because the fields are different you don't have instantaneous fields you know and so what happens you can put in a very small share so basically is live trading but it stimulates paper trading because you're all you doing is like 10 shares you can put 10 shares 100 shares is completely free okay so you can basically live trade but treat it as if it's paper training because there are no fees once you use the MIC route there's no fees okay and the fact that we don't play these just they don't play these discount games guys you see these brokers advertising 15% off and all this shit that's because they mark it up like 100% man I sometimes I post up on my Twitter of the price is today I mean dude the brokers man they're literally charging you 10 50 the same broker that bow and I are using we make millions of dollars trading and this is the broker that we choose to use is for reason the commissions are fair the locates are the cheapest they have the most locates on the street they have six locates sources some brokers just have one right so anyway enough about the broker bro let's talk about this trade today right so so guys today was a huge trade for me let me actually show you guys a screenshot so you see it one second this was a 145 thousand 350 dollar trade which is fucking I can't even believe I'm this magazine a lot of people are downing exit from DOS log into DOS okay give me one second the thing that's funny about social media guys when you lose money oh you suck is real but the moment you make money they think it's all fake okay exit and I think this is what people came to see but you know man you remember guys so well yeah we'll talk about this but yeah this is what my login is so I'm just covering it up now they're gonna say that you're going to a fake account because you covered up your your your log on but guys this is a this is not the first time so and this is the net P&L after all commissions were paid off and everything so let me try to zoom in I don't know if you guys see it there you go and then I'm gonna get a rebate at the end of month as well to cover all the commissions but I want to talk quickly the trade let's start with yesterday Alex this is what this is what to me is the more impressive this is the the reason why I think you know we are successful traders not because a giant one-off P&L is because showing what happened yesterday and yesterday to today yeah let me actually pull up the P&L from yesterday too just so I have it handy but basically yesterday I lost money guys I lost money yesterday I was kind of I was not really pissed to be honest I was just kind of annoyed with myself because I let a solid trade turn into a losing trade which you know what happens from time to time but I was talking about this yesterday in the YouTube live of you know keeping your loss small so this was yesterday was 950 bucks yesterday right here small red day this was yesterday you see right here lost it on the stock one day ago so I lost yesterday guys and you know I mentioned to everyone that as long as you keep your losses under control as long as your losses are less than a day's worth of work it doesn't really matter right so if you make I don't know a hundred dollars a day if you lose twenty dollars not really the end of the world but if you make a hundred dollars and use five thousand now all of a sudden that's a month month's work work and in trading guys you never know what you're gonna wake up to I didn't come into the day thinking I'm gonna fucking make all this money I'm gonna do this and that but I saw that there was a potential opportunity so the trade that I took today was on Bed Bath and Beyond as a meme stock guys and if you remember Bed Bath and Beyond already had its parabolic move it went from like five to thirty and then Ryan Cohen sold his entire steak the CFO sold his entire steak and the stock went from 30 down to eight dollars now the company is probably very close to bankruptcy I don't know if you guys have been in a Bed Bath and Beyond lately but it's usually a ghost town in there but point is guys that they released a forward-looking catalyst okay they had a forward-looking catalyst tomorrow that said that they had some sort of action plan of how to avoid bankruptcy they had some sort of something right it doesn't matter what it is they had a forward-looking event tomorrow so in my opinion I thought that every single person knew that to sell the new setup was happening tomorrow right so when the stock gapped up today my thought process was the smart money the insiders whoever's running this stock up again is gonna use the gap up today to sell before everyone expects to sell the news to happen so everyone I'm telling you everyone thought it was tomorrow which makes me included me included guys but it makes logical sense right but in the market you have to think ten steps ahead of these people sometimes right and you know it was just a thesis that I had it was a thesis that was confirmed by price action and what my thought process was okay stock closed at 13 ish dollars yesterday they gapped it up to fifteen dollars on nothing and I think a lot of these diamond hands people thought okay fifteen dollars maybe it's gonna go to twenty dollars and in reality they did the complete inverse of the setup well I see you know everybody when you trade you have an idea right they call it thesis whatever an idea but you really don't know and then what that's that's part of the fishing right you put your polls in you didn't just automatically short a hundred thousand shares one spot you know you add it to your position when the price actually confirm your thesis that's what it is so you know he's out then wake up to think like hey he's gonna put a hundred thousand shares and to try to make money right it's kind of just kind of happened then that's what that's what trading is guys you make a plan and then what happens sometimes the plan you know goes bigger than you expected to go yeah and the truth is I got out too early bro shit tank almost $2 more so I should have made almost double or triple but in trading guys you can never be you can never be perfect right you can never get the top you can never get the bottom every single time exactly there's always gonna be room left on the stock and if there's room left on the stock it means that you traded it pretty well so I'm gonna show you guys my trades for the day and I'm actually gonna explain because I took a stop loss on this earlier today and then I got back in so I'm gonna show you guys my tricks and that's the beauty I saw that man I saw you took a stop so guys I'm gonna show you you I'm gonna show you yeah you see me now yeah so so basically stock gapped up right so I took some position here you know kind of into this bounce and what my thought look above this line here if it broke above this about 15 20 if it broke above maybe you would get a lot of attention maybe you'd become attracted maybe 16 17 18 will come and maybe I'll get an entry near 20 so what I did is I covered I covered for a loss here covered for a loss and then when I saw a lower high I saw a lower high I started getting back in and then I saw a fail I got back in and then I saw a death candle under VWAP I sized up and then it rejected VWAP I added again so I waited for a signal which is this death candle under VWAP I shorted the bounce if this reclaimed VWAP I would have got out instead it did not reclaim I added and I was mentioning all morning to everyone in the room that my plan is on a morning wash I'm gonna cover the position I'm gonna wait for the bounce and I'm gonna short the bounce immediately at the open I covered pretty much everything at 14 I had a fat finger position here which I tried to get out of and then when it bounced towards VWAP I added and this pop right here towards 15 this pop towards here I want to let it settle first I didn't want to add yet until I saw what it would do is it gonna break above 15 and reclaim the pre-market high today or is it gonna come back down and trap everyone at 15 right because that whole dollar mark when it came down and trapped everyone I locked in some profits to give myself padding in case it bounced back to 15 it didn't bounce back to 15 so I reshored it reshored it reshored it and then boom I got out around 13 9 game 14 on that that that's the key Alex and that's that's what the money shot is right there man the fact that you waited to see to wait for confirmation otherwise you would have kept some other people would have kept adding adding to lose and they blow up and that's how you get giant losses also one major thing I forgot to mention is because I covered because I covered down low at 14 at this point I locked in almost $40,000 on that lock in which allowed me to be green the entire time that it was bouncing so because I was able to be green that entire time I was calm I was not panicking and I was sticking to my plan I could have never expected it to tank all the way to 12 I never anticipated a big move like that but I took my money I ran away and you know this stock has been a crazy crazy great winner for me but the last couple weeks that it was moving it bounced like crazy it bounced every single time I traded every single time I actually the smoothest tank I've ever seen it no no the fake out was the fact that there was no fake out exactly so it fucking it didn't fake out for the one time that I had size and you know what the thing is guys I was shell shocked from the last couple times that it ran I was I every time that I traded the stock it ended up bouncing so every time that it ended up bouncing I was like shit that fucked this up and the one time it doesn't bounce it takes it you know what I can't complain because what's gonna happen is next time I'm gonna be a little patient and it's gonna bounce all the way up to high of the day so take the thing that the thing is this guys it's like if you're gonna go gamble at the casino 21 and you you should always is you're gonna double down on that but you always double down when you start down yourself is when you fuck up so Alex we're doing the same thing we've been in the same kind of process you got to you have to take the money along the way that's the way we trade right guys and you do that you know you you cushion yourself like Alex does so if I did not cover that morning dip out I would have been fucking panicking out you exactly that's my whole point so that's the thing you know it's kind of like man as a trader guys I'm tearing out this is this trade is not going to make Alex any more rich is really doesn't really change his life doesn't change our life one trade but it's accumulation over five years doing this that will change your life and that's the key guys is the one-off trade doesn't mean shit to us if we are able to consistently do this all the time which we are we teach people do this that will change your life you know we talked about this all the time guys it's not the one-off trade it's because being able to consistently do the same thing repeat the same thing over and over and that's why you won't see these giant P&Ls with us and big giant swings up and down all the time we're not trying to brag about this this is something that is repeatable and we've done this over and over and we have videos on this if you realize my two biggest trades of the year have been first red day and sell the news these are textbook textbook MIC setups that we teach all the time bro and these believe it or not these are almost the most simple simplest trades it's not a day one hot chick it's not a day one low flow it's not a day one runner these are trades that you have the ability to make a great amount of money sticking to a very simple strategy the problem is that doesn't come around every day so because it doesn't come around every single day that's why you have to be careful so as you see yesterday I lost a thousand dollars because there was no edge there was no opportunity I didn't size you want to be Alex this is not something that we secretly do Alex is not here secretly training this thing behind the scenes we actually come up with a game plan every single day guys every single day there's there's a watch this it gets pretty to the point where it's pretty boring now guys I mean making money at me I hate to be an asshole but you know you know the excitement for Alex was the excitement is not making money I swear it's the fact that he got this recorded the fact that he can come and explain this to you guys on Instagram live day that that's what it's more exciting to me and Alex you know it is the best part if it was around for us to go over these trades it would not be exciting yeah the thing is guys we were very blessed right we're very blessed I mean like you know bow and I make plenty money training and you know am I see we do just to be able to help people because you know it's gotten to the point guys where in MIC we don't want to bring in people that are not really to work hard because bow and I work hard bow works 24-7 drunk sober the guy's working because he wants to help you guys right and I want to help you so it's getting to the point guys where we don't want to just accept everyone at MIC we want to kind of make it more for people that are serious only because we're serious about it so if you just want to come here and gamble don't waste our time don't even bother because we have a lot of resources we have a full team people to help you but you got to be able to at least try because there's no other place on the internet where you're gonna see two millionaire traders that make hundreds of thousands dollars a day and instead of going to the fucking club or going to the Gucci store we're sitting in our office helping you for free so please respect the process that we have and if you are not serious do not waste our time that's it yeah one thing I like to comment man the reason why we are where we are today it's the risk management that's we it all comes down to risk management being humble being able to to know that Alex can lose $900 yesterday and it's hey it's not embarrassing to pose $900 loss and they come back surprised that's the thing with trading guys you really don't know when the big will hit the fact that you got to be here go through your process and it hits it hits that's exactly what that's all that's all you're forcing any because it's probably that these guys are coming in like I want to bank I'm gonna show you on a bank and that's when you lose you force me trade you we did set up is out of our control it's up to God up to the players up to the market to decide to set up the all you can do is execute get ready and understand it can win and when Alex executes it's a reflex it's not he's not thinking I gotta push this button push that button it's it's repetition over the years do the same thing over and over that's what we can tell you you cannot just do it for one month and become an expert in anything you know learning a new language right so it's like it's like me trying to learn Chinese or Vietnamese I'm not gonna Vietnamese in one month bro I'm it's gonna take me time practice but that's the thing guys and you have to be passionate about it right because like for example I am not passionate about working out so I'm never gonna fucking start a workout YouTube series I'm never gonna do it because it's not something I'm passionate about but trading is something I'm passionate about and because I was so passionate about it helped me through the dark times it helped me through what I thought everything was pointless because I didn't do it for the money when I started I did it because of a passion when I started eight and a half years ago bro I never thought never that I could make a hundred forty five thousand dollars and fifteen fucking minutes I never thought you tell me that I was making fucking coffees well I never thought but I remember the details very happy to get a hundred to the books I made I was just what I told everyone at the meetup because a lot people were asking what do I do what do I do how do I get to the next level I said that bro when I first started trading I made $100 a day for six months straight for six months straight I was making a hundred dollars a day and that's what helped build my bank well that's what helped build my account so if you don't have the ability to remain humble to make a hundred dollars for six months straight because that at that time making a hundred dollars was simple for me so instead of trying to go crazy I grew and grew and grew and grew and you know here I am making a hundred times that or a hundred thousand times that and the process is still the same it's just adding another zero to the end of the share size correct so that's the thing you guys the eyes don't understand you have to build you have well you have you have to build your bankroll along the way and while you're building your bankroll you're learning as well so there's a leveling up process you can't just start being trade start battling like Mike Tyson I would say that right yeah yeah level up and if something's passing for you guys something's worth the guys you do it right like a doctor go through 12 years he's not operating in the fucking first month that's a whole so M.I.C. is not gonna be for everybody training is not gonna be for everybody you know if you want to get rich quick you go to casino you slam it all on fucking grander black and roulette and just you slam it all on better black and then double zero green hits that's it you know or or give this a real shot fucking a few months man a year to change a complete life that's what Alex did that's why I did everyone has to go through the same thing it's not you know we always say this man it took us many years to become an overnight success right that's what it's up yeah and let me show you guys one more resource that you could use to your advantage is we do professional calls for free guys so if you click here on the website click here to book a free mentorship call you will be able to get on the phone with one of our moderators and they will mentor you for free this is for non-members so if you're on the fence about M.I.C. if you're curious about M.I.C. if you're curious about trading if you are in a different community whatever it is book a call with us and we will be able to help you and mentor you for free because this is our passion and this is whether M.I.C. is a hundred thousand members or a hundred members bow and I are gonna be trading until the end of our last breath while we're doing we want to have some fun too that's pretty good so it's so it's on the website Alex mine that's yeah minevestonclub.com top right corner book a called and that's it man that's it's also the free webinar is a slash webinar still yeah so again guys after you book a call if you guys want to see more of our content if you want to see some of our strategies for free go to minevestonclub.com slash webinar you get to watch a previous live trade for me so that should be cool but other than that I think as we time we go back and help the members who are fucking crushing it today man we'll see you in the room guys we'll see you in the room all right good job Alex bye guys thanks bro