 information about the DVD. Welcome! I haven't seen you. This is the first time we've seen each other. Yep. Alright, so tell everybody who you are and all that good stuff. I'm Fei and I joined MSc like January 31st. It's pretty early and I didn't trade for the first week. I just watched a whole bunch of videos pretty much the whole week. I didn't do really anything. Just watched the videos. Then I started to trade the second week. I tried to feel like different strategies because MSc teach different things. So I tried pretty much every type of thing like first bounce, first spread day, low hind fruit, everything. And I learned that I'm not really good at first bounce. So I just stopped doing that. And I think to me the first spread day setup and low hind fruit are the best for me. So I just keep doing that one. So let me reiterate what she just said. She joined two months ago? Yeah. The first thing she did was she watched the video. So you notice what the commonality between everybody that's successful is they educate themselves first before they start trading with live real money. You know why why are you it's like trying if you're an engineer, you don't just build a bridge right away. You have to learn how to build a bridge and go to class. Otherwise the bridge will fall down. So I you know that's the great thing that I've noticed that you did. You keep telling me that you you use the quarantine time to watch all the videos. Can I watch more videos? And I think I watch the because I'm a lifetime member. So I watched that seven hour video already. And that's really, really fucking good. Okay, the beta testing. Okay, that's good. And you know what she's doing. She's actually now like, you know, like she knows what she's doing, but she's still watching these videos. That's the thing. Education never stops us. I think the good point of watching that those videos, it's more like I start to learn what I don't know. Because when I started, I know I don't know, but I don't know, like, where I should learn what I should learn. And by watching those videos, like I take notes, I pause the video. And if there's something not clear, I just go back to the video library and search for whatever I don't know. Did you have experience training before? Other than when some Microsoft Tesla. Yeah, basically. Yeah, yeah. So this is your first real actual attempt at day training. Yeah, I think I'm pretty lucky. I never joined any like chat room or anything like that. I think the reason why I joined MSc is because you post it like the $250 a day is $50 a year. And to me, like I'm making good salary. I'm still working from home getting full salary. It's like, why not $250 a day, $50 a year, why not, right? Yep. That's the thing. People think that they need to make a million bucks. But if you just make a couple hundred bucks, it adds up. And so that's, so let me ask you, that's, so when you started to trade, you were using smaller size than you were making, what, a couple hundred bucks? So I started with a hundred shares. 100 shares. Yep. And that's how I tested like what method works for me with a hundred share. Yep. That's great advice. You have to start small guys so that you can get comfortable and become consistent first. And then later on you start to move up. How does that work? So tell people how you actually tell us the process of education to learn to get to where you are today. So basically I started with a hundred share, try a different way of trading. And then I feel pretty comfortable with one way, like the first red set up and the low hanging fruit. And I watched a lot more videos about those. I watched your live trading videos. And also I practiced drawing my lines. So at first my lines was like far off from whatever you guys post. Like that kind of frustrated me. So I went back to watch video again. I didn't trade for like two, three days because my lines were so off. And then after practice like watching your previous video, and I draw those lines as well to practice. And also like even I don't trade, I still watch your watch list, then compare my lines with like the next day Alex line. And that's how my lines start to look legit, like very close, like feel sense off. So let me ask you, so people want to know like, so my gosh, like, is it true that you can actually do this? So I was talking to Fay a lot because people don't believe that you can just do this. The reason why in my opinion is this, they start out with not many bad habits like we do. If you learn from someone else, you have to unlearn a lot of that bad habits. So what she did well was she put her ego behind, she started to watch the video, draw the lines, figure this stuff out, didn't even trade for a few days. Go back to trading 100 shares. It's a reiterate process. It's like an engineering process, which you are an engineer, right? Yeah. And so how has it been performed? I think people want to know that. This is really impressive. I've never seen this. So I haven't had any red days so far. Like there were a few days I didn't trade, so zero again. But I kind of like practice my lines and I kind of set up my plan. I just didn't do it. So that's zero day. And I think... How many shares have you been moving up? So where are you at right now? Right now, I'm doing 2,500 to 3,000. And you've been averaging what a day now, I'm happy. Hey, you can brag. I'm telling you, this is a great motivation for everybody. So my average has been almost $2,000 a day. Yeah, I remember you went over $10,000 one time. I remember that's how I, that's why I heard about you, right? You text me, you're so happy. I think my highest day was like 7,600 or something. And I had like two, or three days above $5,000. That's amazing. That's very good. Basically double my actual salary at this point. And tell the process, because when you told me the other day was great. You say if it doesn't, go ahead. So what I do is I have other lines. I have fantasy order like you taught. And if it hit a hit, if it doesn't, then I'll just don't trade because there are a lot more stocks out there. I can take a look. I don't have to force a trade. Like I always tell people, man, the best traders are not necessarily the most smart, is the most disciplined. If you're the most disciplined, which pay is, oh my God, know what she's doing. If her orders don't hit, she doesn't have to trade. And that's where she didn't trade. I mean, that's the thing that you as an individual have to understand. You know, the losses are coming because of lack of discipline. And I know I'm not very experienced. So I give myself a hard rule is I don't trade front side short. That's not something I think I'm capable of doing at this point. But I think as I get more experienced or more like comfortable with my process, I might try it, but start to try with the hundred share again. Let me tell you something. That stuff, even for the experts, they blow up. What you're doing is very good right now. I would love for you to just not touch the front side ever until your bankroll is so big where, you know, you can throw away money. Yeah, that's why I'm saying like, even if I try, it won't be a hundred share again. How are you handling risk management and stocks and all that? Um, so I know my brain capacity is pretty low. So I can only focus like two or three tickers a day. And for those ones, I do 20%. I know Alex says like 30% for front side, but even for back side, because I'm treating two or three, I still start with like low. And also for me, I really like to recycle because that saves me a lot of locate fee. It's like the other day I traded like a DTSS for like six times. And that's when I made that $6,800 that day. That's amazing. Are you using hard stock, mental stock combo? Uh, yeah, I used hard stock. That's why like I can walk away. So basically after I put my order, I put my stop and I don't want to get frustrated. So and I have day job. So I basically went back to my work desk, stay away from the trading computer for a little. If it hits, it hits. And if hits, then go to my stop, then I don't lose much. Wow, that's the secret guys, because she's putting these hard stops, walk away, no stress. And this is the discipline. Oh my God, that's amazing. How are you finding these stocks in the beginning? Tell us the process when you wake up, you log on, tell us all that. How are you finding and identifying which stocks to trade? One is from the previous day, the hot check round. And then another one is like you and Alex and other moderators, you guys post the watch list. And another thing I'm trying to improve is I'm trying to find my own watch list. So that's exactly right. Yep. You need to watch it as a guide. It doesn't mean like whatever I will have to trade, whatever you post it on watch list. It's still like I need to look at the pre-market volume. And I also need to look at if there's any like news or PR or offering that can just mess up with my trading plan. Do you have any scanners? I don't use scanners. That's a perfect answer. That's why we tell everybody, all these guys are using scanners. Throw that away. Use that money to join because there's really, scanners won't teach you what to trade. They just give you a generic list. And if you're a beginning trader, you're going to pick the wrong stock. So I keep telling someone, picking the right stock to trade, half of the effort is gone. You know exactly which one to easier to trade and which one to avoid. So let me ask you this. What are you so now that you are comfortable, what are you thinking on when you can improve on or when you're trying to work on or what is your goal? So for me as I'm still practicing my process of the low hand food and red date, first ready setup because I know that's the one I'm more comfortable with and I have less stress about I want to size up that way a little bit until like I think basically nine out of 10 I can profit or if I can constantly profit for like maybe six months, I will start to learn more other method but still with very small share to practice until I'm more comfortable. Like I don't really during this quarantine time with the virus, I don't trade large cap, I don't want to really touch it because for me it's like I can't predict the market direction and the most of large cap follow that direction. Correct. Yes, one cat or it's a big edge if you know what you're doing because most of it is a scam, right? Yeah basically like you said at the end of the day they are just our garbage. Yep, you just need to survive and have discipline until you know it's your time. So may I ask you tell everybody how do you level up on size? People always want to know okay you started with a hundred shares, how do you know when to go to 200 or 500 to a thousand? Now you're at 2,500 so tell everybody how you did that. What is your process? So at the beginning I sized up a little bit faster from like a hundred share to 500 share took me like a few days and now because I have larger size so my goal is to if I can constantly profit for three months to a month three weeks to a month I will set up another 500 shares that's my plan. You see everybody how she's doing it she's leveling up very slowly very methodically she has a process and the reason why she's successful is because she has this process you know she's doing the same thing pretty much every day right you're like a robot right yeah I only show the one I think I'm confident and I have no stress or a very little stress that's one thing I really care about the process it's I don't want to stress myself I don't want sitting in front trading computer watch the chart all day. This is awesome anybody have any questions for her and I think the like timing rule is very magical it's like every day I just explain the writing timing rule now that helped you yeah it's like I only short like between zombie hour starts basically I stop shorting around 10 20 then I go back to my work and at that point like most of all of them are pretty much out so I just go back to work and until like 145 because I'm not very good at with long so I don't really look in zombie hour. Tell everybody how do you figure your entries in your exit? So there's a calculator that we we have so I use the lines to put the line like a few lines like inner or outer lines then put in the calculator to see how much is my risk how much is my reward and I use lines to calculate that then decide. This is the MIC calculator that's available in the middle library. Is this the Joe Kelly one? Yeah that's a just that spreadsheet that's just the spreadsheet but it's very useful I use that every day. Oh wow so it works so so basically the stuff that we're teaching at work if you follow it and you know what I congratulate you I envy you you have so much discipline I lack I don't I don't want to be racist or anything but I'm not racist but sexist because I'm a guy guys seem to be more aggressive and so I'm always like and you're so calm and it's that calming feeling that I admire that I've been trying every day to emulate from you so you know so if anybody out there guys thinking that you know that you need to be aggressive you know highly like crazy person no the best traders are the ones that listen like they use here and I admire that very calm very methodical very process and I you know this is the beauty of MIC guys I'm learning every day from people like her oh my god I'm basically just applying every everything you said like even sometimes you don't obey that rule I'm horrible this is what I'm trying to tell you I'm horrible I have no discipline but I do so there's two things I have no discipline but I still do very well imagine if I would apply in your discipline so I love it when I see you and you're like holy in another year you could be better than all of us I hope so I hope so too anybody have questions for this is an extraordinary do you have a tab do you use the tab program I do and we share some lines and we share some trading program like a trading process and I think my tab is working on first bounce and actually I asked a lot of questions from from him like how does he do it like why he does that way because I'm still so bad at long actually so give a shout out to all your tabs the name of the game to say thank you who who the tab again I'm so sorry Kevin what are the names in the chat Kevin R that's his name okay and it's like sometimes I just feel better when I talk to him about my plan and I get either confirmation or he's like I don't think so then I will take a look more and also sometimes he will like kind of remind me maybe you should get out this one or maybe like when he's long he sees opportunity so we're seeing like the opposite opportunity so what he feels like he should get in I feel like okay that's a warning maybe I should get out so how did you meet your tab was there did you go through woody I just kind of curious how yeah hey send me up with so basically it's like based on our account size and our trading style I think a woody yeah that was a woody okay that's awesome so the all these programs you see guys she took advantage of all did you do a moderator calls or anything like that too yeah I called Harry because I I wanted to know more about long and I know he's only doing long and I didn't call but I texted like Tom and I also texted like Ty Ty is really good at swim and I was interested in a few swim trading so basically I think the good thing about MIC is everybody has different style so whatever you're interested or whatever you want to learn you can find the one like fits your style okay so before I leave you go thank you so when people join MIC this is the problem I see a lot of them have the first thing they do is they don't watch any videos they don't read the email they they start messaging me about what is the line uh it's just a good short and so tell everybody you know this is a secret guys this isn't a secret why she's so successful she's not skipping steps she's doing the actual work so so so can you summarize the steps when you join them and say what you did you watch which videos uh and you got top can you tell people the process that you use MIC so I started with the new trader orientation so I know what library is talking about what and I know I don't have any previous knowledge of trading so I started with Joe Kelly's basic trading and the first time I watched a few the first like three videos I pretty much pause like every five minutes because I have no idea what he was talking about so I just look up stuff on google or in the MIC video library if they have like a deep deeper like explanation so I actually have a notebook which is full of my notes from those videos well that notebook could be worth money I was like can you give me your notebook no and and I think that the tab is very helpful in the regards he's watching video too so we have different knowledge and we share notes does your tab trade kind of similar or no he started with similar but now he went on the other side okay so that's even great you see that guys you don't have to trade the same way sometimes knowing what the other side does you can bounce back back and forth ideas yeah that's what we do and that's dude that's that's amazing and then just start with small size like I didn't start with paper trading because I feel like the psychology when you're not using real money is different you probably are a lot more calm a lot more patient when you paper trade so I just started with very tiny money that's they do uh start under PDT no okay so you had a bigger account over but you only use under share yeah because why do I throw money and when I don't know what's going on that's exactly that's exactly right so how so how much time did you think you spent studying behind you know before all this did you use eight hours five hours a day what would you do so when I do my day job I basically put a video back on as like at the same time I'm pretty good at multitasking so I can listen to that and take notes while do my day job I basically watch videos like first week I watched like seven eight hours a day how are the videos by the way I hope you didn't mind the cursing I think I curse a lot back in the day uh yeah there you go that was good entertaining so this is this is an amazing thing and you started watching the same this is the thing that people need to understand you don't just watch the video one time the videos that you've watched many over time yeah and it's like you get different things like the first time I was probably just learning what's a term like what they're talking about then the second time I watch is more like how they apply the term how they apply those methods that's what I do when you joined my seed did you join as the annual or how did you get to the lifetime I was quite curious so I started with monthly monthly after the first week of watching all Joe Callie's video I just upgraded myself the lifetime so you knew the value right away that's good to know guys I feel like it's just like even just those videos like now it has that seven long hour video just watching those definitely worth the lifetime I think people should really just become left time if you have I'm telling you man this is a you know what guys I swear we me and they want they you did not discuss this in advance this is the person we talked about this and so that's why I'm very natural I appreciate that she's being honest I didn't really know what she's gonna say to be honest I have no idea all she even said was about on Tuesday I'd like to be on a local come on because I I want to showcase many different types of traders it's very rare that a female you know not it's inter trading we have a bunch of females are great symbols pay pay while I moderate this is awesome so we want to get more females involved because I think females make super traders and here's one fine example right and uh yeah anybody have one question for her before you we get off Alex you have any questions for me or anybody else but okay back to work it is yeah I'm going back to work now thank you all all right thank you we'll see you in the bedroom thanks thanks thanks well that was pretty cool I I thank god I don't have any psti guys I can't hold that stuff so uh five bucks maybe time for me to go back but no how about keep to the zombie rules I'm gonna channel fake she is super disciplined Alex is super disciplined there is a reason why most of them are very successful no stress stick to the process it's very humble it's very okay with missing a trade it's okay with making zero dollars a day if it does not hit your line it does not match your profile thanks guys we'll see you on the next edition of IG live hip toss you have any questions