 start. What's up everyone today is Thursday April 8th I think I usually do these recaps on Monday but because we're in quarantine and I have a lot more time I'm doing more and more of these recaps I was doing more recaps so we're trying to use this time to our advantage rather than being lazy and relaxing we're trying to get some work done so a couple things to start with is number one if you are new to trading this is kind of the best time to get into the stock market the stock market is the only industry that has not been affected by the coronavirus you know where else can you show up trade for a couple hours make more than a doctor or a lawyer and then cut it off for the rest of the day a lot of people want to get into trading but they always complain that they have no time that the weekend is too short that they have a day job well now you have a weekend every single day for another month you are quarantined you are done watching money heist you are done watching Ozark you are done watching Tiger King instead of being fucking lazy start being productive and learning how to trade in the stock market so if you have any questions about trading or you want to get into training or you don't know if trading is the right fit for you and you need someone to answer your questions this is something very unique to MIC we gave out Tosh's number to the public it's 213-458-5997 it's not a robot it's not an algo it's Tosh so text him if you have any questions and he will help you out so today what I want to talk about before I start again is that tomorrow the market is closed Friday tomorrow in observance of Good Friday the market is closed so do not wake up early do not bug out do not go crazy thinking that the Fed closed the stock market tomorrow the stock market is closed so let's talk about today guys let's talk about today so every single day you don't know what you what's gonna pop up in the morning whenever I wake up I have no idea which stocks are gonna move which which are gonna be the new place right so every single day what I always do is I go to the previous days setups right I look at what stocks moved yesterday and look to short them again today I look to short weak stocks on bounces right because the trend has already been set I want to short these stocks on bounces so coming into today right coming into today there really wasn't much low hanging fruit MBRX was the top watch as a low hanging fruit setup looking for a pop towards 140 150 and I'm pretty sure the stock went red at 120 so that was a quick scalp but we had something very interesting happen this morning pre-market so if you guys know my two favorite setups on the short side are the first red day the first red day is something that's been working very well for me this year so I've been trying to size in a little bit more into it and the second trade that are the second set up that I really love is a death line setup this is a very very very high probability setup and a setup that a lot of new traders love because so easy to identify so TLC was a stock that was a former runner we've traded it in the past we know it's personality so what I personally did is I went into the MIC archive right I went to the MIC archive and I typed in TLC because I wanted to see how I traded it last time I wanted to see how BALT traded it last time and I wanted to see what my plan was last time and see how it unfolded so the MIC archive is for annual and lifetime people it's a very good way to back test and I use it myself so what I notice on TLC is that after it has its morning move it likes to give back its gains so on TLC what we saw was a death line setup if you draw a line through two dollars and seventy cents pre-market you will notice that that is the death line right you know we have videos on how to calculate this and we have videos on how to identify it but just the spark notes of it the cheat code of it is if you draw a line past 270 you'll see that that is the death line so let me explain what I did this morning pre-market pre-market I have a rule I am not allowed to trade pre-market unless I'm using one tenth my size if my max size is 1000 shares I am only allowed to use 100 shares pre-market this is a way to put guardrails on my trading this is a way to have risk management in my trading right so that's what I suggest so in the morning pre-market when it broke the death line I took a starter position at 270 my plan was to short a bounce right to short a bounce towards or was it 370 370 270 one of those 70s I think my plan was to short a bounce towards four dollars to add and then if it confirmed under death line again I would go full size so this morning I shorted some at 370 I added some at 390 I made my video watch list explaining my trade thesis and explaining what I'm looking for I shorted more during the video watch list at 370 and then when the market opened and the stock could not break 370s it went straight down and we got paid I covered some at 340 it bounced to 355 I reshored it based on the VWAP rejection at 355 I covered at 327 and I was done for the day so on this trade I made about 50 cents a share using the death line setup and this was a low stress trade guys so today I had no idea what I was walking into I had no clue what I was going to trade all I knew was that I was going to identify the setups hello how are you all I knew was that I was going to identify the setups and just trade them so we identified MBRX was a low hanging fruit we identified that TLSA was a death line and we another stock that was moving was the was a CNSP CTSP that stock that went up to four dollars could you guys put the ticker in here so I could talk about it but in the meantime while we're waiting for the ticker are you guys understanding what I'm talking about I actually even in my watch list today put PSTV as a long I said PSTV looks like a daily chart breakout this is a long not a short and it went to fucking I think it went from five dollars to seven dollars so I see it but I just couldn't react on it but all the other members nailed it which is good was this CLSK the one that I said of three dollars breaks or CNSP guys they're both start with a C so it's kind of throwing me off the one that I said in the room that if three dollars breaks the long should not be in it which one was that CLSK let me just double check CLSK okay cool guys cool so CLSK was another stock that was moving so here we have MBRX low hanging fruit high probability setup TLSA death line high probability setup and then CLSK started moving CLSK was a low float low price stock that a bunch of chat rooms were looking to pump so while all these noob traders well all these inexperienced traders are going for the shiny object up 200% us traders that understand the power of sticking to the side plays ended up having low stress trades on these stocks so everyone was stuck short on CLSK and probably got squeezed out before the payday happened meanwhile we are here on MBRX we are here on TLSA shorting these stocks that are broken we at my investment club look to short stocks that are broken on bounces we do not like to short stocks making new highs right we are looking for the worst companies in the world embedding that they're going to go lower and it helps when they have already tanked pre-market so while everyone is looking at the shiny object we are warning members against that we want you guys to stick to the low stress setups and honestly if i'm just straight up honest you know it's a blessing it is a true blessing that i'm able to trade for an hour a day make $1500 on the day and walk away right so i've been green every single day this week i made $8,000 on Monday i made $3,000 on Tuesday i made $1,000 on Wednesday and i made $1,500 today so today after all this was said and done on a four-day week i was able to walk away with $13,000 guys and that's the point every single day i am batting for singles every single day i am making a small amount of money and then at the end of the week at the end of the month it adds up guys what i'm trading my goal is not to make $10,000 a day my goal is not to make $20,000 a day my goal trading is to trade with the least amount of stress and sticking to my process because i know that if i am making even $1,000 a day working one hour a day and that's considered a slow day i am better off than 90% of Americans that are stuck home and quarantine and can't even go to work i feel bad man i feel genuinely bad for all these people that can't work i tell people all the time man like it's it sucks it really sucks every business is fucked restaurants are fucked retail stores are fucked activities like shooting ranges are fucked everything is fucked except the stock market and we are here working an hour a day and making a thousand dollars a day on a slow day and you guys are still wasting time watching ozark and fucking money heist i get it i love it too i love it too but i save that shit for the weekend right while you are quarantined while you are stuck at home you have nothing better to do right and i could promise you that if you spend this quarantine learning how to trade you will accelerate your learning curve and that's where it comes to this next topic that i want to talk about a lot of people are lazy guys a lot of people don't want to put into work a lot of people don't like to put into work i get it i understand it but that gives people like me that put into work an edge so we want to do something for you and we want to create something for you and this is where kind of our new uh educational dvd comes out right so what we've been working on uh with joe kelly who's our head moderator is an accelerated course for m ic so when you join m ic there are 700 videos to go through there's a lot of education if you go through all of these videos you will be a consistently profitable trader but the problem is is that it takes a lot of time to go through these videos a lot of people are lazy they want to watch videos for one week and then dive into trading they are impatient so what we did is we created one video that's going to go from you not knowing anything about trading you not knowing anything about the stock market you not knowing anything or anything about stocks to placing your first trade in seven hours this is a revolutionary accelerator that is literally going to give you one video to watch and by the end of the video you could place your first trade this does not mean that you're going to make a shitload of money after watching this video this is going to give you the fundamental base that you need so that you can now start cherry picking videos on individual topics that you don't understand more so for example the accelerator dvd covers float rotation it covers sector plays if you have a question about float rotation after that then you could go into the m ic library and start researching more things right now it is available for lifetime members as a beta test it is going to be available for annual members for free for a one month period so you could join m ic and have it hello you could join m ic and have it for a month and then after that one month we can't give it away for free anymore no one appreciates free things we have so many free perks in m ic we have four free trading TVs and no one fucking watches it no one fucking watches it so that's it people don't appreciate free things so this is going to be released in about a couple of weeks lifetime members are still beta testing it but uh yeah guys this is completely revolutionary so do you guys have any questions let's open this up to q and a now guys so i walked you through my process walked you through the tls a death line walked you through everything i talked about our accelerator program coming out and now it's up to you guys what questions do you guys have what do you guys need help with what are you struggling with what's been working how can i help you guys right no one else gives you a direct access to a consistently profitable trader like me and bowdo so this is your time guys to ask your questions this is your time to learn so hit me up if you have any questions here i'll start reading them off this makes sense guys this makes sense please leave a like on the video if it makes sense i am the one that personally responds to all of your comments on youtube it's not a fucking algo it's not fucking anything it's alex sitting there and responding to all your guys's questions all day what do i recommend for miss risk management max size max loss right max like you need to have broker limits in place if your broker limits are not there you're not going to have guardrails i talk about it all the time guys i talk about it all the time if you are driving a fast car and you have no seat belts or no airbags if you get into an accident you are dead hard stops in trading are your seat belt and are your airbags how much share size did you use on t tlsa i used 2 000 shares on tlsa and made $1,500 on it how i recycled my shares i covered shorted covered shorted covered shorted we teach all these things in myc guys so with 2 000 shares on a $3 stock i was able to make $1,500 come on advice for beginners education is number one uh if you spend your time going to these furu chat rooms for $20 a month you're going to spend another six months trying to unlearn all those bad habits that you had is scaling a good strategy i scale every day bow scales every day it is impossible as a day trader to go one shot one kill on all these trades you must scale because humans are imperfect stocks are imperfect you will never get it perfect on your first try anyone that tells you to go one bullet in one bullet out is a fucking scammer today psti was a long setup that we gave to members so m ic is not only a short biased room yes we have short traders we also have long traders but the point is if you understand a short mindset you will know how to make money going long psti literally was on the watch list guys you are quarantined you are stuck at home use this time to be productive if you want to get fat smoke weed and get drunk go ahead but your fucking next door neighbor who's putting in the work is now going to fucking show up with a new Mercedes or new BMW while you're on your fucking fat ass guys it's very simple right it's very simple it is clear that those that put in the work are the ones that are successful there's going to be no miracle aha messiah moment that someone's just going to give you a shitload of money you want to be successful you fucking put in the work what do i think about forex you guys are just fucking with me right like are you guys fucking with me you gotta be fucking with me please if anyone is selling you forex signals you are being scammed i get dms every fucking day man every fucking day i get dms what do you think about forex what do you think about forex what do you think about forex f**k you bro what do you mean what do i think about forex I trade stocks. I trade equities. I made $163,000 last month trading equities. Not fucking bitcoin. Not fucking forex signals. Not fucking oil. Why the fuck you ask me these stupid ass questions? What the fuck, man? Those people are the ones joining the fucking $20 rooms and losing their asses. Bro, it's like when someone mentions the word fucking forex, I lose it. I literally lose it because that's the epitome of being scammed, guys. If you are seeing, I'm going to give you a secret, right? I'm going to give you a secret and someone can fucking clip this if they want, but here's the secret. If someone is selling you email alerts, if someone is selling you text message alerts, if someone is selling you screen share alerts, if someone is selling you voice alerts, if someone is selling you forex signals, you are being scammed. If they are selling you that stuff, you are being scammed. You will blow up and lose your fucking money. Yet, those are the people that are charging you $20 a month. Why? Because they know that that $20 a month is going to be gone like that. Bullshit, guys. Bullshit. Please, let's go back to questions. If anyone says the word fucking forex, I'm going to turn this shit off. You trade pre-market. I spoke about that in the beginning of this video. If I trade pre-market, it's with one-tenth of size. Let me catch up on some of these questions now. I don't pay for a scanner. I have not paid for a scanner in six years. Do not waste your time paying for a scanner. DOS Trader has a free scanner and MIC members post their scans. I haven't paid for a scanner neither should you guys. Everyone see me still? Do not waste money on a scanner, guys. Do not waste money on a scanner. Catching up on some more questions. Is it too much? Is it good to deposit more money into my trading account when my state for this month is showing progress but my account is still small? Not yet. Keep showing progress for more than one month and then you can do that. What do you do to stay mentally healthy during trading? Whenever I make money, I like to walk away. The longer I am at the setup, the more stressed I get. The less stressed I am in the real world, the less stressed I am in the trading world. Paper trading 100%, you should be paper trading when you start for about a month to learn the process and then start trading with like 10, 20, 30 shares. For those that are not an MIC, what is stopping you from joining? MIC concepts applicable to all stocks? Yeah, we actually have a large cap and options room where all the members in there use the same line strategy that we teach. What do you guys need that MIC is missing so we could create it and help you guys out? My TLSA chart is posted in the chat room. It's in the chart recaps and fill section. Monthly fee is too high. Well, as an MIC member, you can deduct your monthly membership from your taxes. You can even deduct your lifetime membership. But anyway, guys, do you guys see what I'm trying to show you? Again, any questions, guys, text us 213-458-5997. Any advice on being more disciplined and patient for fantasy orders to fill? Set your fantasy order. If it does not fill, you do not trade. That's all you have to do. Set your fantasy order, go whack off, go get drunk, do whatever you want, but wait until that fills. Wait. Are any discounted rates coming up for MIC? It is what I'll do, guys. I will talk to Bao right now and I will set up a very special discount for those watching this live video right now. So what we'll do is this. If you are watching this live video and you are not an MIC, text Tosh at 213-458-5997. Text him the word 4X. If you text him the word 4X, I'll have him work on a special discount for you guys. But I have to talk to Bao first, right? So hit up Tosh. Say the word fucking 4X so that he knows that you guys are watching this. And I will talk to Bao and we will get this set up. Yeah, guys, everyone is getting a stimulus check. At least use it on your education. Yeah, Tosh is going to get all these texts saying 4X, so he's going to think it's a scam. All right, guys, let me go kick Bao's ass a little bit. Let me try to work on a good discount for you guys. But what we'll do is this is only going to be valid for a day, man. It's only going to be valid for a day. So please, guys, if you are interested, hit up Tosh and we will try to work with you. Have a good day and enjoy your day off tomorrow. I will see you guys bright and early in the chat room on Saturday for Saturday morning Q&A. So thanks, guys. Have a good day. See you later.