 Um, all right, recording, uh, dude, what, what can, what can I say about this market, man? I mean, it's like, again, let's pull up some stuff. Let's pull up some stuff. What can be said about this market? I'll tell you what one thing can be said. It's fucking wonky, dude. I'm starting to feel a little weakness, man. I'm starting to feel it coming. I'm thinking November, we get some serious downturn. Oh, shit. Oh, no. It looks like, looks like Joe bailed on me. Hold on, guys. Let me try to figure this out real quick. Yeah, he's not even in right now. One sec. I think I still have the, uh, there's the link. Man, I can't do the Q and A without my partner in crime. What? He goes karma. Yup. Is it back now? Is it back? There he is. There we go. Look at what Tayga, she goes to an MIC home of the tech geniuses. For real. I'm blessed. Bro. All right, is my stuff working? You're good, buddy. Okay, cool. All right. Good. So. Sorry, I just, I signed in with the, with the, with the MIC account and got off of my own personal one. So it should be square now. Oh, with the state of the art, I'm starting to feel a little bit of weakness. I think something is probably going to come November and December, but it's hard to say, man, because it seems dude, like everything just keeps getting bought up. And I know tech is having a little bit of a downturn, but I, what do you think, man? Are we in like a tech bubble? Like people are saying like, we're in another tech bubble. I'm like, I don't know about that. I don't know if I'd call it a bubble, uh, but it was definitely, you know, nearing that because of, I mean, everybody was asking, you know, what, what should I buy Amazon here? Or should I buy Apple here? Should I buy Tesla here? Should I, and you know, usually when the average retail person starts asking those questions that don't normally trade the market, you're in a bubble. Dude, I think Buffett literally said, you know, you can barely make money or you can't make money in the markets when everybody's talking about it. Like that's just, that's just not a viable strategy, man. It's like, it's like buying the breakout and then it stops. You know what I mean? We're all for real. Yeah, it's, it's tough. So yeah, I traded Tesla today, um, and got out like minus a hundred bucks because, you know, I thought Tesla could really, could really get moving, but I guess it gapped too much today at the open. I think it just kind of gapped a little much, but I mean, last night we were talking about this in the webinar, we called first green day today and I mean, that's a setup and a pattern that we talk about and we traded. I went for it on Tesla and Brian was in there with me too. Um, and I mean, both of us had some really good entries and we were looking for, you know, three seventy, three eighty and it just topped out in the morning time and then just sold off. And so I just bailed, I bailed on it whenever it lost B WAP for the first time. I was like, yep, no, done. It should have done what Amazon's doing. And you know, shame on me for not, for not jumping on the bandwagon of zoom or Amazon. But I mean, last night in the webinar, I said, guys, these are my top candidates. I just picked Tesla because it's got the best volatility in terms of options. And it just so happened to be the one that just fell like didn't work. And I'm like, well, dammit, it's okay. That's just nature. I didn't even realize because I had, I had actually missed the webinar last night, but I didn't even realize those were your top candidates, man. I longed, I longed Amazon yesterday, dude. I woke up to a nice gap. Of course I had very. Because I was trying to average in for like a couple of days. Like I actually wanted this to go, bro, like under 3000. So I did size appropriate for massive, massive scale. But dude, I mean, it was nice to wake up to. And I'm actually technically long zoom still a little bit. Oh, nice. Yeah. I actually got these yesterday. Good. So I didn't, I didn't, I didn't catch. I didn't catch any of it, man. I told everybody, I told everybody, this is what's coming and, and I didn't catch dick. It's like, look, man, it's like, here's the thing, man, new traders come in. The reason why we saw this guys is because we've been trading for so long. New traders come in, they see this and they just think that stocks, once they start going down, just plummet forever. Dude, things dead cap bounce, bro. Things have to bounce. Oh, absolutely. Boy. And that's what I was banking on. I was giving myself enough range and room. Dude, I swear to God, bro. You're literally like convincing me to go back full-time to big caps, dude. I'm not even kidding. I'm still long spy. Like I'm still along the market. I just didn't, I just didn't catch anything today for the rest of that. So if I'm being honest, Joe, I am along the market for like another month or two. I can't stop going into November. I will be fully cashed too. I think the close in October, I'm closing up shop like there. I'm not, I'm not going to be dancing with it anymore. I'm telling you right now by the end of the year, man, if you're still along the market, I feel like you've got some delusions of grandeur. I really do. Yep. And I think it's largely going to depend on who who takes over the presidency. Whether we go from, whether we go from blue to red or we stay red, you know, it's, I think it largely depends on that. Well, and here's the thing, man, here's the thing is like, guys, whether the market tanks are not just know that the elections are going to bring so much volatility to the market. It's inevitable. You will get volatility. So that's the thing that you have to prepare for whether it's up or down. It doesn't matter. You're going to get a lot of volatility coming. And I don't want to be on the wrong side just in case I, you know what I mean? Going into that with anticipation of, oh man, I hope the market keeps going up or I'm short and I think the market will go down. Dude, I don't want to get in that bullshit anticipation no way in hell. Yeah. If I had to pick a prediction, I think the market is going to sell off if Biden is elected. 1,000% in my eyes as well. Not to say that, you know, I'm picking aside whether, you know, I want Biden to win or Trump to win. I'm just taking it from a market standpoint. If Biden wins and it's looking very plausible at this point, if he wins, I don't want to be long anything because, you know, we're hyped up. Corporate America loves Trump's policies, right? They love his tax plan. They love everything about it. Corporate America loves that. And the moment that Trump is gone, what is Biden going to do? Biden's going to change the tax plan. We're going to go back to an Obama-based tax plan. Of course. Very similar to that. And I'll be right back in Arizona. I ain't standing in Cali if Biden's in office, dude, let me tell you that. And I'm right back in Arizona. Biden, Joe, you asked earlier, you asked earlier, you were like, what are you doing in the house setting? I said, dude, I had plans. So I've been on Zillow every single day for four months looking for the perfect California home. Yeah. I've been looking for a condo down in the city that I like a Burbank, right? Dude, everything is so overpriced that I know by the time the elections get... If Biden wins, dude, I expect thousands economy in the day. I'm literally counting down the minutes. If the properties go extremely low in Cali, I am tempted to buy something. If they don't, I'm headed right back to Arizona and I'll buy. Yeah. I, you know, and this is the tough line, and I don't want to like, you know, pitch politics. But it's, people want Trump out of the office, right? People want Trump out of office. But they don't realize that, you know, a lot of what he has done is, for example, the eviction, the eviction ban. Oh my God, man. All things related to that, we go away from that. We're going right back. There's no government protection. You know, and Trump doesn't want the market to tank because that's been his whole selling pitch, right? What Joe Kelly... He doesn't want it to tank. What Joe is saying right now, guys, for those who are not familiar, maybe you own real estate properties, maybe you don't. There was, I don't know if it's called, it's what's called a bill that's passed, but Trump made it so that literally, you cannot evict tenants right now until the end of the year, no matter how fucking delinquent they are. It's insane. So all these real estate guys, and because they can't get evicted, what do you think that happens to all the renters? Dude, so many renters right now are not paying their rents. No, yeah. We have two properties that are totally delinquent, completely and totally delinquent, and basically just giving us the burden. Yeah, and we're just waiting. And we can't do anything about it. We're waiting, there's nothing we can do about it. Yeah, and so we're just staring at it. And the average person has a lot of protection under the Trump administration, and you take that away because of what Biden wants to go after. You know, Biden and Kamala want to go after healthcare and everything related to that. But I mean, on the business side of things, we're propped up on a business-related market on a corporate-style market. And if we leave that, I think a lot of people are angry about the racial prejudices and things like that, that it's hypothesized that Trump has, and I mean, you can't deny that some of it really freaking looks that way. And people get mad about that, but at the end of the day, if all these companies start tanking, and they go bankrupt, and there's nothing they can do, and people continue to lose jobs and continue to lose jobs, then we're back into another recession. Dude, and that's what I'm expecting to fully happen, because honestly, man, whether... And the reason why we're talking about this, guys, is this is very baked into what the market will do. And here's the thing, if the market dies out tomorrow, small caps will be slower, and big caps will be extremely volatile. So it's good to know these things. You know, it's not like we want... Think about it. We only got about another 45 days of good trading. Normal action. Until something is... Yeah, we got another 45 days before late October. Yeah, and then you can expect some serious magician acts. You know what I mean? People are going to get their legs swept out from under them, and they're not going to know why. Well, because they held through elections, or they did this. So I've got a retirement account of brokerage that I build in into positions that I want to hold for the next 30 years. Literally, it wouldn't matter about this election. It wouldn't matter two years from now. I've got plays where I'm holding for literally do the next two days, until I'm like an old father, right? Yo, yo, special guest appearance. What the hell? What's up, dude? What's up? Popping in. Happy birthday. Thanks, man. Thanks. I just stopped by. I wanted to tune in and say hi to everybody. What's up? Dude, how are you even coherent to talk? It's not something like Alex. I can't get away, man. I can't stop fucking working, bro. I got a big time problem. But I just wanted to tune in and say thank you, everyone, for the birthday wishes. I know I pulled the Joe showing up out of nowhere, but love you guys. Keep doing your thing, man. I'm going to go back and try to black out or something. So later, guys. Yeah, Alex. That's fucking great. He's got that pitbull song on replay. Fireball. Shit, dude. It's three o'clock. It's three o'clock where he's at. I'm surprised Alex isn't already blacking out. Right? Yeah. That's great, man. Hidden cellar. Alex just showed up. That's a real big hidden cellar. So, you know, it's at the end of the day, man. Again, unless you guys have stocks where you don't care about the outcome in the next five years, you got to be careful, man. You got to be careful with what the market is heading into based on current events of the world. And, you know, like, I'll say it perfectly. Joe is like, dude, I'm not necessarily a fan of Trump whatsoever, but I am red, man. I am red to my dying day. And dude, if Biden gets elected, man, I just, I honestly expect the market to tank in the economy. If someone, you know, I'm obviously, you know, re-elected, we'll see, man. I don't know. But I put my money on, if Biden does get elected, oh my God, bye-bye stock market. For real, bro, it's, I just, you know, I'm not, I'm not convinced that it's a good thing to hold through. You know, because the, I've just got a lot of, I've got a lot of unknowns. You know, if I felt like Trump was a shoe in, you know, then, then I would stay through the, through the election. But if we change house, yeah, it's, I think there's a lot to be concerned with here. Yep. So we just want to make you guys something like that because it's very important to know, because a lot of new guys come in, man. And, you know, a lot of, a lot of people don't start with small caps, guys. We have a big cap room and we have a, we have a small cap room. If you guys, you know, show up one day and you're like, oh my God, why am I 70 points down on Tesla? And I'm 2,000 points down on Amazon. Obviously you're like 2,000, but I'm just saying, like we're trying to prep you for this shit. Yep. Yeah, I'm, yeah, I, I don't think there's a safe place to be. I don't think there's a safe stock out there if the, if the house changes. From red to blue, and you know, Not in the short run. Not in the short run whatsoever. Nope. It's, it's a very sticky subject with me and my family because my, my family is primarily blue. Oh my God. Because they're from, they're from Oklahoma. And so it's a very, that's a very blue area. But everything I do is market related. And I can't deny that. I mean, this Trump administration has been the best market that I've lived through. Well, I mean, dude, I mean, seriously, man, look, whatever you think about red versus blue, Trump, Biden, if you think he's a racist, if he's not, at the end of the day, whatever he is, whatever side you're on, whatever your viewpoints are in politics, in any form, Trump in office gave us the best market, stock market we've like ever seen. Yep. So I'm not necessarily going to give him direct credit for that whatsoever, because I'm not actually a personally a big fan of Trump. But holy shit, dude, him in office has provided the most unreal opportunity we've ever had as traders. Yep. Yep. Yeah. If there was another Republican candidate, you know, I would, I would be a lot more. But who knows, right? Like, who knows? Yep. And it's just interesting, man. Yeah. Yeah. So, you know, with, Just vote for Kanye. Vote for, dude, I'm voting Kanye. Twenty, twenty. Did you know he's still on the ballot? I did, man. It's insane. It's like, you know, people are going to take pictures of it. It's a historic time where Kanye fucking was. Dude, did you see like one of his little rallies? Did you see any of it? I did. I did. Oh, man. That one where he started talking about, about Harriet Tubman, and he was like misquoting like everything. And he was like, well, she didn't really do the, or, but it really did. And it was like, dude, everyone went, we're leaving. Oh my God. I didn't see that one. But just judging. See that one, oh, I'm going to find it and send it to you, bro. It was hilarious. Kanye, twenty. That's too good. That's my favorite. That right there is my favorite meme. I, somebody sent me that like five years ago. And I have made that ever since. Bro, what's the name of that Kanye, twenty song, like red rose or something that was played in true. Yes. Yeah. That's a good song, dude. Yep. I know, I know what you're talking about. And I just can't think what it is. Now we're talking. Locates are free. Locates in the bow, in the bow, in the bow. Alcohol isn't taxed. Yeah. No alcohol tax. Locates are free. We need to go around for everyone. Yeah. Illegal not to have foe at like two times a week at least. Yeah. Abolish the PDT rule. Oh man. Yeah. We're talking about it. Oh man. We just have too much. Y'all are saying all the right things. Keep going. I'm almost there. Dude, I'm telling you. QQQ. Very nice rally. I know a couple of you guys wanted to actually talk about a couple of small cap examples today. So I guess we could just bring them up really quickly as I necessarily make these small cap webinars. But I want you guys to be up to date with the info. So can you explain how you add between inner and outer lines on the short side? Yes, I can. So I'll use a different example on this short time, but let me just talk about them in kind of succession right now. So the first one being Trill. This was one of the small caps on Raider. This was easy to borrow guys. Me and Joe talk about this all the time. I said this a little bit earlier. Where's this thing opening up on? Like coming in the open, if nothing else is really on radar, if there's not many broken stocks to focus on, what do you think that this stock is going to do? It's going to do one of two things. It's going to blow early shorts out of the water or it's going to get up to a resistance level and it's going to stuff hard. That very second option happened and I hit what's called the bounce. So again, keep it simple. Keep it process every single week. I was scaling this bounce to VWOP because it finally set in a top. Make sense? Good. To answer your question short time on NWGI, this is a stock where you could have technically hit some inner lines here or you could have waited for outer lines, which if I'm drawing them, these are it. This is an inner line. These are outer lines. I don't hit inner lines. I just don't. I don't like them. I think they're FOMO. I think they're bad entries. If I would rather miss than hit an inner line and then be a little bit shaky by the time it does possibly get to an outer line, I am known as the outer line trader. That's just who I am. Bow has a lot of confidence hitting these inner lines. Scaling into the outer lines, I do not. I like a perfect entry right off the bat. If it's not perfect, just a little bit of scale. And then I like to be in the money quickly. So again, on a scenario where we say line to line, if I'm hitting here and it keeps going, and this is not the best example chart, but I'm just going to do it on this one. Let's say that this is a lot of range. And I mean a lot. Like, let's say that this could be even like a $15 stock and this line to this line could be $2. When you hit something like this, because this is a resistance level, you know, with this little kind of like consolidation point and top, maybe right here at $2.10, if you stop out, the point is to re-attack at an outer line, not scale from inner lines to outer lines. The whole point is you want to cut and then re-attack at an outer line. Now, again, for this example, this is literally like $0.15 to $0.20. So this is not the best example, but if this was very rangy, you get the idea. Now, because there's not a ton of range in this, whether there was, whether there wasn't, I just like this general area. I'm not talking about this inner shit. I miss? I miss. So be it. Joe, what do you think? I like it. I mean, that's a good explanation. I always like to reference VWAP when you're starting to decide whether it's an inner or an outer line. So, you know, it's like, how close to VWAP is this line? Okay, it's $0.10, $0.20 away. That's probably an inner line. And so if I'm going to decide whether I'm looking at an inner line or an outer line, that's kind of how I'm going to reference this. I'm going to look, you know, where are we at right now? Where is VWAP and where is my line? You know, are we really below VWAP and my line is above VWAP? Okay, that becomes an outer line. An inner line can become an outer line, but it would take a serious amount of price movement to make that happen. And that's the thing we talk about all the time, guys. Where is the stock opening up? Hey, if it opens up on VWAP, you don't fucking hit an inner line. You just don't stop with the FOMO, stop needing to trade every day. If you missed two days in a row because you didn't hit the inner line and that's all it went to, guess what? The third day, you're going to have a great opportunity. That is trading. If it opens on VWAP, you hit outer lines only. There's no inner lines, chose right. An inner line can become an outer line based on price action. When a stock opens this far from VWAP, your inner line is now the outer line based on current reality of where the share price is traded at. That is the difference, but when it comes to inner and outer, if you are that guy who lives in the realm of FOMO and you do hit an inner line and then you stop out, stop out immediately so you can re-attack correctly. Yeah, you know, I'm of that thought process where, you know, for me, a 60% odds play, like, you know, sometimes it's going to work six out of 10 times. You know, it's better than, it's better than a coin toss, right? Because a coin toss is like 50% odds, you know, so slightly better as 60%. For me, if I don't trade like 70, 80, 90% odds trades, I waste a lot of mental capital. And so I can't do well when the 90%er comes on, you know, like the really good opportunity, the really, like, I just need to be, I need to be here for this trade. So it's like, if I waste my time on these 60%ers, you know, it's just not worth it to me. And those inner line trades are very much like a 60% odds that it works. It's just like, and so I'm like, fuck this. I love that. And let's actually say it like this. With every cause, there is an effect. And with every effect, there is an opportunity cost associated. Meaning, if you get in the stock that you're not familiar with, that's cause and effect. The effect is you lose. The opportunity cost is when your 90% comes around, you're a biatch. You're a plus. Yep. Yeah, because the last, you know, let's say, let's say you start a strategy today that's a 60% odds strategy, right? So you're going to win, you're going to lose, you're going to win six, you're going to lose four. What if today that you start, you lose four in a row? You lose the four, right? Four times, four losses, back to back to back to back. And then the 90%, the 80%, whatever trade comes along, are you mentally ready for it? Fuck no, you just took four smokers. Like you're not ready for it. No, you're not mentally prepared for it. You're like, God, Lee, what if I'm about to lose for a fifth time? What if I'm going to lose? It's a very close setup, right? Yeah, yeah. And so you take smaller size on the better setup and you win less and then you win, right? And you're like, okay, I won. All right, great. And so now you go back to the 60%ers and then you take more losses but you increased your size because now you've had to win under your belt. And it's this cycle that people just keep repeating that it's just, it doesn't matter what market you trade. If those are the odds, you have to be prepared for that. And most people in the beginning can't handle it. Me, myself, I've been trading for six years and I still hate it. Like I hate that. I hate that shit. And I just don't do good with these 60% odds plays. Joe, you just nailed it, dude. That's very well said, man. I love it, man. I mean, guys, you can literally quantify all of this, literally. Like this is a game of math, man. I know we see charts and lines and stuff but it really is math at the end of the day. So like, I mean, me and Tosh are very similar. Tosh likes those 90% odds. Like so outer lines, hitting outer lines, that's a nine out of 10 trade. And that's something that he and I can take and sleep well at night. I don't need to take these 60% trades and make more that day than I would have, but I would have wasted a lot of mental capital. I try to live stress-free as much as possible, which is never going to be fucking possible in this market. Definitely not as a trader. No, no. So yeah, like Stock Slayer just said, yeah, wait for the slow pitch. Yeah, wait for the slow pitch. Warren Buffett watches 100 pitches go by. Guess what? He strikes on three of them. Yep. How would you have analyzed NLS? Let's take a look. NLS. To predict the tank? Nobody fucking knows that. Dude, what is this? Nautilus? Nautilus, this is what, this is a... Why would you even be looking at this stock? Yeah, just look at this. Why is it even on your scanner? This isn't, this didn't, I don't, I didn't see... Up 8%. And this is also, brother, just not really conformed to anything. It's just really choppy and spotty. And this is just not really a play in any form. There's no edge in this. That's what we're trying to say. There's no edge. I don't know the market cap of that company. It seems like a bigger company just based on how it's trading. Yeah, it definitely does. So, I mean, on these types of trades, I'll say this, if you're going to trade those bigger market cap companies, we have a rule that when it gaps too much in one direction or the other, based on what it normally does, you need to do the opposite. So if it gaps up a lot, you need to be a seller at the open, because most likely the gap is going to fill. And so what you would be waiting on, let's say it gaps up a lot in NLS. For me, it's up 10% at the open, and it's gapping up a lot. The market was gapping up a lot. And so the market's gapping up a lot. This stock is gapping up a lot normally compared to what it normally does. And so what you want is you want it to fill the gap, and then you want to join the trend. So for me, I wouldn't be trying to predict a short in getting it to tank for me. I'd want it to tank and then I'd want to buy a dip. Just because I want it to tank doesn't mean I want to short it. It means I want to buy it at a better price. Like, well, then if you know it's going to drop, you know, why don't you short it? Because I don't fucking know how low it's going to go. I want it down here, but it could dip 20 cents and then rip my face off. Like, yeah, I want the pullback to get long with the trend. So I wouldn't be trying to short LLS. I would be long in the dip every single time. I mean, look at the fucking trend. He's like, I like, look at the trend. Stop fighting the trend, people. Stop fighting the trend. Okay, shorts were right for two fucking days. And guess what? They're going to be wrong again for the next 45 days. Literally. That's my thought process on this. You know, we've got two day heroes. We got 48 hour heroes. They were right for 48 hours, but they're going to be wrong for the next fucking six months. Like, that's how it is every single time in big caps, man. Like, it's a top and it tanks. And then guess what? We bounce like a son of a bitch. And it just, it astonishes me. These freaking 48 hour heroes called the top. Yeah, but you missed out on six months worth of fucking profits, idiot. Dude, yeah, those are the like those experts on Twitter, man. It's like, it's like the guys that are, dude, the guys that are literally, I'll give an example, dude, you know how many guys on Twitter, man, some of the faces that you idolize, you don't know. They're short from here at 10. And then once it tops out at 15 and they've doubled, tripled quadrupled down, praying and shitting their trading diapers by the time it comes back to average. They're like, I told you, I fucking told you. Yeah. And yeah, and you're like, I told you, I'm finally breaking even. Yeah, dude, you're down to seven dollars for the share of MagSci. Dude, I used to be that person. I used to be that too, man. Let me tell you, I used to be that. Yeah, I did that. I did that shit, man. We all did it, man. I mean, just look at that chart. Look at that fucking chart. Guys, the only people that can short from nine and then say, I told you so when it goes to 11 and now they have an average at 11 because they double, triple and quadrupled down. The only two people that can do that are the opposite ends of the spectrum. And you want to know what they are? The people with multi, multi-million dollar accounts that are comfortable being down a million or the guy that's going 20 shares, 40 shares. Oh shit, I was right. Yeah, yeah. You're right on 80 shares, bro. Yeah, exactly. It's, yeah. So I don't think that you could have necessarily predicted the sell-off, but I mean, that's a good strategy that we use daily in the large gap room is when shit gaps too much, it's time to bail, which is what we called everybody to do yesterday in the market. We were like, look, it's gapping down a lot. The market is gapping down a lot. Shorts need to be covering into this gap down, and they would have caught the meat of the move. And then here we are today, bouncing all the way back nearly above where we started from. Dude, I'm so sick over this fucking Amazon. I had 31.77, bro. Oh man. I'm sick, dude. Yeah, that's where I wanted. I wanted the, I didn't want to start at the 3,200 line. Like I saw it, and I was looking at it. I was like, oh man, I, like in my head, I've been kind of trying to trade very robotically. And I was like, I want to take a starter here, 3,200. And so I started asking myself the questions, why would I? And the only question, and the only answer I had was, what if it rips? I don't want to miss it. And I was like, well, you can't fucking take a trade like that. Like, that's not a good trade. I was like, I can't do that. And so I couldn't, I had no other analysis besides like it feels like it wants to go. And so I missed it. I fucking missed it. Dude, for real, man. And again, we're not going to nail everything, you know what I mean? Yeah. What's this guy saying? He said, MYT. Oh, yeah, yeah. Like when MYT went, yeah, yeah. I see what he's saying. Yeah, dude, look at it. Oh, yeah, yeah. I mean, look at how close it's opening to VWAP. And I mean, the first line for anybody, for me, yeah, it would have been that 205-ish. And here's the thing, man. Again, when you guys see this in pre-market, man, this is just going to save you years of bashing your brains in. Does this look like there's meat on the move? Don't short it. Wait for a short squeeze. But it's only up. Like, how much? 20%? Oh my god. Yeah, it's still not up. Shit. But the point is, is like, look, when it does death candle crater, maybe you can get a bounce out of this. Today it didn't really bounce, but if this would have bounced back to like 215, I would have been smoking this. But yeah, that's a sexy death candle. Dude, that's sick, right? And I was telling everybody to wait for it. Unfortunately, I almost threw it right here, but I was like, Tosh, don't chase, man, don't chase. Because what am I going to do, scale up from 208 to 235? I just didn't want to do that. I wanted to scale up more like 217 to 235. So I didn't get a piece of it, but like, dude, I didn't take a loss on it. You know what I mean? Like a lot of short sellers got squeezed because they're anticipating. So let's see what Trill's doing. What's Trill doing? How much is Trill up? Trill is 36%. God, that sucks, too. Yeah, 37%, not even that much. You guys have to pay attention to what the percentage is up, man. Right here on TD or whatever your platform shows, DOS, whatever, but is the stock up enough for room to come down? That's one of the number one lessons you got to learn. Yeah, I don't know that I could even, I couldn't even convince myself to trade this in the last 30 minutes if it breaks down. There's a clear death line at 12, like clear as day at 12 bucks. Like that's a death line. Dude, there's 12. I mean, you break, you break those pre-market lows, those after-hours lows, and you break 12 bucks. I mean, hit the bounce and we're good, but we're into the last 30 minutes of the day. So shitty timeframe. So no trade. Yep, that's it. Simple, simple, simple analysis. Sometimes you can eyeball these things, man. Does anybody have any more questions on trading? Blind squirrel can always find a nut. Exactly. With the nut reactions, that's funny. Should we run a poll at what time Alex Black's out today? Put some money on it. When does a stock have meat on the bone? Well, for a small cap, like for me, it's like, it's like 30%. Um, yeah, I mean, 30%. Like when there's still like 30%, they're like, yeah. 30% just like Joe said, there's technically a move in it. I just don't love anything unless it's like literally like 60%. But again, 30% of it still have a move. But, and guys like, dude, I'm telling you, you don't even have to go buy percentages after a while. Like in the beginning, maybe do that. But dude, what is it? Does this look like eyeball it? Does this look like it has meat to you? No, dude. Like this can only go up, man. And then it did. Like just like, there's so much of this shit. You can just eyeball, man. It's, yeah, it's MYT. It's either up or nothing. It's either up or it does, or it goes sideways. It's either up or I make 10 cents on the short. Woo! Yay! This could have been your market today on MYT, had it not done this squeeze. Your top, your top ticket, 182. Yeah, maybe you can get it. Yeah, you could have got a bottom ticket, 172. Look at you, hero. Bro, I'm telling you. And the locate cost you two cents. So, you know, it's like cost me two cents. I can make, you know, 10 cents. Okay, that's eight cents. I'm going to pay another, I'm going to pay another penny per share in commissions. Great, seven cents. Fuck that. No, I'm out. Dude, if your goal is to make seven cents, it's time to, it's time to maybe- You'd have to be full size, like every time. Yeah, literally. Like if you located 2,000 shares, you'd have to be in 2,000 shares. Like, make it worth the locate. You know what I'm saying? Like make it worth the trade. You'd have to be full size. Yep, and nobody wants to go full size. One bullet, no chance of adding, no chance of scaling. If you're not right, you're wrong. I mean, just, yeah. What's the market doing? Let's take a look. Hey, hey, hey, grind, grind, grind. Grind and grind. Man, it's a shame Tesla didn't do that. What's Tesla at? Tesla is, I think just still basing on, oh no, it's going up a little bit. Okay. Yeah, oh my God. It's actually having a bit of a recovery. That late day move. Yeah. Now sell off. I mean, just, Tesla's just up too much and I made the mistake of taking it anyway. Lesson learned. Hey, this is the market, man. We're always going to learn lessons, man. Yep. Yep. And now the next time that I avoid it, because it's up too much, quote, it'll fucking rip everybody's faces off. And I'll be like, I didn't take it because it was up too much. For real. Thank you stock market. Oh God. Worst fucking thing ever. Yeah, dude, I heard it. I heard it. I heard it quote from a guy the other day on Twitter or whatever, you know, his tweet, he was like, all right, man, my son asked or he's like, my son told his friends like, I want to be a trader. And he was like, bro, my kid's only XYZ age. He's like, he's still got about 10 years before he becomes a trader. That's how much time I have to talk him out of it. Oh, like, bro, that's my buddy. Dude, I was just talking about this last night. But do you remember that tweet that, because we were talking about futures last night and we were like, we're talking about how, you know, we find ourselves large gap traders in these times, find ourselves watching futures until like the wee hours of the morning until we finally go to sleep and then we sleep for a very short period of time and we wake up just to check futures. And do you remember that ramp capital tweet where he talked about the chick that caught her boyfriend cheating at 4 a.m. Because she got an alert that his Apple watch heart rate had increased at 4 a.m. And he goes and ramp goes, how do you know he wasn't trading overnight futures? And I was like, oh my God. Bro, I'm literally not kidding you. I'm not just saying and laughing with you that I remember that, bro. I remember rolling in my bed reading. I died laughing when I read that tweet. That dude is hilarious. I think so he didn't look at it. He's so freaking funny. Oh, shit. He's like, how do you know he wasn't trading overnight futures? It was funny. I got just, I died. Joe, back when the pandemic was going on, I think I made the most money in my career I've ever made trading in one month on a monthly basis. And dude, you know what I was doing? I was actually trading big caps during this pandemic, dude. I was longing and cost averaging in all my favorite companies. Dude, I literally was making a fucking killing on the long side of big caps when this market was going down. I didn't short one ticker, but dude, I'm swear to God, man. There were a couple nights, bro. Actually, every fucking night. Because most of my positions for literally a month was swing positions long. And I'd be playing for a $600 down day in the futures. Bro, I'd be up every single morning at like, like 2 a.m. Pacific time. Like my heart rate was beating out of my chest. You're like waking up and checking it. You're like, please don't limit down. Please don't limit down. But the funny part, bro, the funny part was it was so funny because I was actually begging every single day that the market would go down even more so I could cost average in for the huge bounces. Because, dude, for those who don't know, man, the biggest bounces in big caps come either during a recession or when there's extreme volatility on the downside. So, dude, I was capturing every single bounce on the way down. I'm terrible at longing big caps in an upmarket. Guess what? I'm like unbeatable when the markets die. But dude, I was touching all these bounces and I'd wake up and I'd be like, all right, fuck, futures are only down 200 points. Can I get 1,000? I never in my life used to look at futures until I went to big caps and then the pandemic started. And I was up. I literally, I swear, dude, I was up at all hours of the night like watching futures. And I would just watch it from my phone. All I did, dude. And I was, I, and I saw it eventually when, when RAP Capital put out that tweet, I laughed so hard because it was so relatable, man. I just, I could not stop laughing about it. When in reality, the guy was caught cheating because he was pumping some side check. Unbelievable. I know, right at 4 a.m. And they paired their Apple Watch. Oh yeah, that's what it was. They paired their Apple Watches to each other so that they could find each other. And, and she got this alert that his heart rate had increased to a dangerous level at 4 a.m. Dude, is that the funniest shit ever? Oh man. First off, who wears their watch when they do it? You know what I mean? Like, why do you wear your watch when you're doing it? Why would you do that? Like, you know, the guy wanted to. That's kind of like the person that leaves their socks on. Like, take your socks off. Why are you being weird? Oh, so when can you determine when a stock is considered the hot chick of the day pre-market or at the open? Wait, what was the question? I was reading the comments. Yeah, I know, right? Yeah, fashion over function. That's funny. Her hair gets caught in it. Out of my hair, out of my hair. Oh, it's in your watch. Ow, ow, ow. Oh yeah, I can see that. Yeah. Oh, that's funny. When can you determine when a stock is considered the hot chick of the day pre-market or at the open? So how do you determine? All the above, brother. How strong is it? Is it the strongest stock of the day? All the above. It's got the most volume and it's up the most. And Joseph for real, like cross socks. Yeah, see, all of you single people are like, yeah, you got to buy the Pilates socks. Me, I'm like, hey, we get those socks at the trampoline park when we take the kids because they have grip on the bottom and they're free. Like all of y'all are like, oh yeah, you get those at the Pilates class. Oh yeah, when I'm doing hot yoga and I see this and I just, I've got to have the socks that have the rubber on the bottom. It just makes me, gives me so much better form. I'm just able, yeah, for me, I'm like, yeah, they give them out at the trampoline park where we take the kids. Oh my God. I'm telling you and they're free. I've got hundreds of pairs. Hundreds. Dude, that is too funny, man. That is so funny, bro. But you know, it's true. My wife says that shit all the time. If I go to bed and I'm like wearing my socks still, just because, you know, I'm like, maybe I forgot to take them off or something. She's like, why are you wearing your socks? I can't feel your feet. It feels weird. Take your socks off. Just wear combat boots tonight. Yeah, it's like, I'm telling you, I feel so bad for the girl that ends up with me, man. I'm a jester, dude. Like all I do is joke around all day and fuck with the chick I'm with. And my current girl, she just, dude, I tell you, I make her life hell, man. I feel so bad. I'm always playing jokes like that. Dude, if she complained about my socks, bro, I'd come with like spiked boots. Four pairs of socks on. I'm telling you, man. Put socks on your hands. Start rubbing her like that. I will literally come in with goalie cleats, man. Oh, that'd be funny. Totally nude. Just cleats on. I'll tell you one thing though, man. If you got a chick that understands that you have to wake up and look at futures and sweat your brains off at 3 a.m., your time, whatever that is, you got to keep it. It's like, I mean, that's the first thing that, like this morning, this morning, when I woke up, like I was so like, I swear if I would have been wearing an, I don't even own an Apple watch, but, but like, if I would have, if I would have had an Apple watch on, like I guarantee you that somebody would have saw my like heart rate or blood pressure or something increase like when I woke up. Because I was like, I was just in such anticipation, like it's that, like, it's that, like, I'm just now checking my phone. Hopefully nothing's happened. Super crazy. And I wake up and like the market's gapping up like a percent. I'm like, yes, yes. And like, I mean, that was, yeah. I'm sure my wife would have been like, why is your heart rate going up? Oh, I'm sorry. I'm just checking futures. Got an Apple watch and, uh, and she turns it down for sex that night and you're in the bathroom in your heart. She's like, what the fuck? Get away from her bro. I'm in the bathroom by myself. What are you doing in there? Your heart rate's increasing. Take it from my phone. I'm looking at it. I'm looking at my Tesla short. I'm a perma bear. Oh, man. I mean, it looks like the market finding some resistance around prior day highs. So what was it? Prior day highs around this level? Uh, 242 just stumbled. No, um, I mean, go back to the daily that you were on. I can't remember these levels. Let's take a look. Zoom in there. Yeah, those highs, not, yeah, right there. What is it 343? Three. Yep. Let's get exact. 342? About 343. It's looking like. Okay. Yeah. So yeah, over 343, you know, we're back, we're back in the hunt. Oh God, don't even. Oh yeah. I'm sorry. I forgot how closely correlated Bitcoin in the market are. Silly me. Silly me. Bitcoin. You know what's crazy, man? I actually rolled up to a whole foods recently and a kid that I just thought was a fucking delinquent rolls up in a Porsche man and I went to school with this kid and he was a lot younger than me. I was like, dude, what the fuck do you do for a living? Pulled him $140,000 Porsche. I go, dude, I haven't seen you in years. What's up, man? What do you do? And he goes, I cashed in big on Bitcoin. You gotta be fucking kidding me. And he had sold, bro. He had sold at the most perfect time and him and his buddy did it and they were two good friends of mine and they had bought like a coffee shop together and now running it. And I'm like, you really bought a coffee shop and did well off Bitcoin. No shit. But see that, you know, what did they do? They traded the market to go do something else. And yeah, they didn't stay in it, right? Like how small, like they got, dude, in my opinion, they got fucking lucky and they took their money and now they're building an asset out of it. And I was like, I actually respect you. Absolutely. Absolutely. Pulls up $140,000 Porsche off Bitcoin money. I was like, so it is possible. Alex, we're gonna start this Forex ship, bro. Yeah, right. Where's Alex at? Come back in here. I'm like, his name was Ronnie. I go, Ronnie, you know about equities, you know about training? You want to come join in my seat? Yeah. I said, if you can do it, and there's Alex, get the fuck out of here. Yeah, he knows. See, here's it. I go, he has six cents. He's sitting on the couch in his office. He's not even tuned in. That was all six. He's not even tuned in to it. But the point is, Joe, is I was like, wow, man, if you can do it with Bitcoin and that's a gamble, dude, imagine what you can do if you actually learn our process. Right. Yeah. If you can actually teach a ball. What's funny, though, what's kind of funny about it is, had he traded the MIC process, like he would have never held through all of that, because we don't teach gambling. No, that's holding hold. He would have missed out on a shitload of upside. He wouldn't have had the 149. But my god, he would be consistent as shit. Well, I would have seen him roll up in a Hyundai first. Right. And then he would have had the Porsche. Oh my god, he would have had a stellar ass entry. And man, he would have got out way too fucking soon, like the rest of us. Too funny, man. Guys, technically, yes. If you still have questions, please write them out. We still have... Oh yeah, absolutely. Yeah, I mean, this is fire the questions away. We got, what, 15 minutes here? Yep. Speak now. If forever holds your peace. For real. Loving fruits for tomorrow. Let's take a look. Tech stocks. Zoom. Zoom, Zoom. Zoom, Zoom, Zoom. Zoom will be a little hanger tomorrow. Honestly, if Trill closes right here, thanks, bro. I would actually like Trill Outer Lines. I know MYT was smoked. Not much meat on this, but if this can pop back to VWAP tomorrow, if... What's that other one, Joe? Not ASTC. Oh yeah, ASTC. ASTC, I'd like a VWAP push tomorrow. What was that other one? Shit. Every time you say Trill, I think you're like about to like say, like a rap song. Oh yeah, right? That's so Trill. I don't like... What? That was so high school, bro. I know. NWGI got... These are literally... It was... It was... It really was. It really was. Guys, these are four... Check this out. These are four low hangers right here for tomorrow. These are what's called low hanging fruit. Tomorrow are day two plays on all of these. Well, this is a weird case. ASTC is technically a day three, I guess, but it's going to act like a day two play. So I would just literally even forget about this portion of it. I would just pay attention to what happened to today. How would you look at NKLA as a low hanging fruit? I know it's a big cap. Let's take a look. NKLA, we talked about that last night. I called out the levels last night and where I wanted it to go for the bounce. You don't have pivot points on here, do you? No, you don't. Okay, well... Here, here, here. I'll put them on. Hold on, one second. Load style, bow, pivots, and zombie. Boom. There it is. See that green line? That line right there is where we wanted it to start bouncing from, but it just took way too long to get there. Oh my God, I can't make this up. I'm literally driving behind somebody that's got Trill on the back of their car. No, it doesn't. I'm fucking serious. Hold on, I'm going to take a picture. Hold on. You've got to be kidding me. I'm not joking. I'm not joking. I'm not fucking kidding you. Trill. Are you sure? Yes. Trill? Bruh, it says two Trill. He's two Trill. No, he's not. He is two Trill. I could not make this up. Oh my God. 30 seconds. Hold on, hold on. Bro, he's long from nine. I'm telling you. I'm telling you. Look, look at it. Post it. Post it. Trill, but... Oh my God. Dude, I told you I couldn't make it up. Oh my God. And he's headed to the Asian buffet. Yeah. Holy shit. Couldn't make it up if I tried. I know where Joe's going for lunch. The meat market. That's what she said. What? Oh. I don't even know how to fucking say that. La Michoacana. La Michoacana. Yeah, bro. We'll watch a Porsche pull up beside Joe for real. Two Trill. Hey, how'd you get that Porsche? I longed Bitcoin. Fuck. Okay. You can't make this shit up, dude. Seriously. Oh, man. You can't make this up, man. That's what you hear from everybody that's under the age of 20 that owns a car like that. What did you do? I bought Bitcoin when I was 16. Okay. Fantastic. Good God. Any more questions, guys? A couple more minutes. A couple more minutes. I live next to two of those. Still can't pronounce that market. That's hysterical. Bro, a market like this, man, I'm telling you right now, they got the exotic shit, too. They got cow tongue and buffalo tongue. Oh, yeah. They got that good stuff that you like from the Brazilian Steakhouse's Pecanha, which is what? Yeah. That's, man, that was the first time I ever saw you eat meat. You looked like you'd killed the cow on your plate. Joe has never forgotten that story. Never, bro. I'll never forget it. Never. Like, slopping his meat in the blood bath. Oh my God, and Sam's just great. The bottom of your plate. The bottom of some strips of bacon. Sam, yeah. Sam with this fucking mound of bacon. Oh my God. What does soaking action mean? And what does the term pike mean? I've heard Harry say it before. So, yeah, definitely check out that link, brother. But soaking and or absorbing, not to get confused with, it's a hidden seller, man. So, a hidden seller, hidden buyer. So, soaking would be like the hidden seller is on the offer, just soaking the bits, man. That's how I say it. A lot of people just say soaking for either side, but I just say it for short. And then I say absorbing for the long side. When it comes to pike, I'll just give you an example. I shore MYT at 235 Top Tick. I cover at 225. I just piked the hell out of the move. There was a lot more downside. Basically, I bitched out early. That's what pike means. But hey, pike is a good thing, man. I will pike my way to profits in a good month or a good year, any time of the week, man. We're not going for home runs. I'm a professional piker and I'm proud of it. Hell yeah. Hell yeah. Isn't soaking what Christian's doing. Hey, I don't know about that. Is it soaking? Oh, wow. We're not going to go there. But I choose no. We're going to talk about Biden and Trump, but not that. Right there. That's a lawsuit, sir. And I have no interest in that one. I'm going to give that one to Heisman. Guys, real quick. Let me just recap. If you're not a public. SQQQ making a push. Worth a short. Worth a short. Why would you want a short tech right now? No, thank you. Hey, dude. No, no, no, no. That's guessing. Oh, wait. No, SQQ is the inverse, right? SQQ is the inverse of the QQQ, which I, right? I'm shorting this. Yeah, yeah. Yeah, it's the inverse. Yeah, so why would you not just long the Qs? Yeah, literally. Why are you going to go trade the inverse? To be like, you just have to short, right? You can't long it. You can't long the Qs, can you? You can't long it. So you have to go find the inverse ETF to short. Bro, I used to do that all the time when I traded commodities like, like gold and, and like dust and nugget and like natty gas and shit like that. Is I long the ETF that was the short. So I had to find the opposite to short the long. Tesla new high of the day. Wow. Well, I totally messed that up. So, well, guys, just to read that a hell of a day today and I totally botched it. Nah, that's all good, man. You know that there's going to be a great opportunity tomorrow or the next day. Guys, if you have any questions about becoming a member of MIC, if you have any questions about the accelerator course, if you have any questions about signing up or maybe even getting a bundle deal between annual and the accelerator course offered, we're not including for free, but I can work with you a little bit. If you have just any questions in general, man, hit me up at 213-458-5997. I'll get your questions answered. We can definitely get you in the club. I'm telling you, man, if you haven't seen by today's webinar, how much fun we have and how much we're a family and as much fun we have, we get work done as well and really trade every single day and make sure you guys are up to speed. I mean, dude, I think you owe it to yourself to at least try, man. Try the club. Lot of good stuff today. Lot of good stuff. Large cap, options, small caps. It doesn't matter, man. We got a room for it, swing trading, or we got a man on the job to teach you. We've got video library lists. We've got phone calls. Literally, whatever you guys need as a trader, we got your back. All you got to do is reach out to us, man, seriously. There's no more hands-on community in this universe than MIC. Apple's September 15th event is all about the Apple Watch. Oh, boy. I just got that news alert. Dude, iPhone products are such terrible products yet I find myself always getting the new iPhone or the new Mac. Dude, I've said this a million times. The reason why I stick with it is the environment. The iPhone connects to the Apple TV. I have Apple TV in every room in my house on every TV. I have MacBook Pros. I have iPads. It's the environment. The fact that I can share everything in everything. I mean, that's the whole thing. Yeah, FaceTime. I mean, maybe I'm not really into that shit, but you know. Work is a collective, bro. I would never be an Apple supporter. It is the collective. Dude, yeah. If you didn't have that Apple environment, you know, you would never. It's a whole world. Yeah, it's like an umbrella. It's a sub-part. It's a sub-part product. Do what? Yeah, don't wear it at 4 a.m. Yeah. They call that the, what is it? What is it called? The fucking, oh my gosh. All right, well, move on. I fucking, I've gotten drawn to playing, bro. Dude, I'm going to tell you right now. I just, you know, remember the other day or the other, well, month really when Elon Musk said, you know, he's basically like taking on Amazon or he announced, he's like, I don't like monopolies. Time to like almost basically crush Amazon or whatever he said. I was like, bro, I was talking with my training partner the other day about this. I was like, dude, whatever Elon Musk wants to take on, whether it's Amazon or the new Apple Watch or whatever he creates, dude, I tell you, I will back that man for the rest of eternity. I saw an interview the other day, Joe, that dude, how brilliant is this? So Charlie Munger, the business partner to Warren Buffett for those who are familiar, right? Like one of the richest guys in the world and probably one of the smartest if you were to talk business or anything like that and capitalizing on opportunity. Dude, someone asked Charlie Munger in an interview, like a decade ago, bro, they go, what do you think about this upcoming Tesla? And what do you think about Elon Musk? Are you for it or against it? He goes, number one, I don't have a position either way and here's why. And dude, I've never heard a better piece of advice. He goes, one, I would never, I don't want to long it. It's not, it's not my sector. It's not what I'm familiar with. I don't necessarily like it as a long but I would never short it and here's why. He goes, never bet against a man who is crazy enough to think that he can change the world. And I was like, because he goes like this, he goes, because that guy may actually be the guy that does. And I was like, dude, I was like, oh my God, no wonder these are the richest guys in the world. He literally knew that Elon Musk believes in himself so much to the point of like putting his entire life on the line and finances to fund his passion. You want to bet against a guy like that? Are you out of your mind? He will stop it now. Are you freaking crazy? Yeah. Yep. So dude, I just follow people like that from now on, man. And I gotta tell you, man, there will always be the next Tesla. There will always be the next Apple. There will always be the next Amazon. There's always opportunities to build a portfolio for the long haul of investing for the next 10, 20, 30 years. I mean, fuck dude, ask Tay, man, she's a swing trader and I'm always looking for those and keeping my ears open and let me tell you, dude, I'm like, bro, literally, what's going to be the next thing, man? I would back anything that Elon Musk does, anything. Dude. Sally, who needs that? Just give me stock options if we hit on. Yeah, absolutely. I just thought that that was so cool, man. I had to share it. And it's like, look, someone like Charlie Munger who's already established an entire legacy of wealth. Dude, if he misses a huge Tesla run, he's not beating his brains in. He just knows how to stay safe today, right? Damn, dude, I hate this. I wanted Trill to end at like 13 so we could hit outer lines tomorrow. Now, this is just way too strong. This will not be. Oh, dude, you know what, Clow? I have yet to check that out, man. I really want to check that out. But when it comes to Trill, man, this thing's way too strong for a short, guys. Way too strong. It's 300 billion. Joe, you there? I think you ran into the rainstorm. I think you ran into the rainstorm. Don't bet against Elon. Guys, I think we're actually going to wrap up shop right now. There's two minutes till the close. This was an awesome webinar. We definitely turned this into a lot of a podcast. Hope you guys got some really cool information out of this, a little bit of learning. We're able to keep you guys away from FOMO. If Joe is here to say goodbye, we can say goodbye. But you guys have been awesome, man. I love when you guys show up every single week. It's so much fun. Thanks, Tay. Thanks, guys. I can't wait to next week, man. This is what we do, man. It's a lot of fun. It's an honor to talk to you guys, truly. Later. There he is. See you, guys. See you, Joe.