 All right. It's starting. It's recording. Cool, guys. It's been a while. Welcome back to Daily Cap. It is August 2nd, 2019. It's been a while since we did one. That's because the market's been pretty slow for small caps. Just because the market is slow does not mean you should deviate from your plan, guys, that you should not deviate from the process, that you should not do the FOMO, and you should not be chasing stocks. It's better to make zero dollars than it is to work all day and lose. If you want to lose money, go to the casino. Guys at McDonald's will make more money than you if you're going to start chasing, right? So don't chase. But I'm going to get something out of the way. August 17, guys, is the big one year anniversary of MIC. So thank you, everybody. Show me I hope to get to see you all there. Monday is the live trading. The lifetime guy's going to be a treatment. You guys get to come early and everything. So hopefully show up, man. The guys are monthly. Show up on Saturday to meet up and show me how focused and hungry you are. Maybe let you into the Monday since there's some extra room. We can let you in if there's room. So the live trading is going to be for annuals and lifetime. But like I said, man, if you're really dedicated and you show us that you really want to come to the event, never know, man. Never know. Come to the meet up and then there's room. Maybe we can do something or upgrade there. But definitely come because we're going to show you all this live. I would be photoshopping all my stuff live for you. So I'll show you how I was able to photoshop so well, guys. So show up. I'll show you how to photoshop. I'm going to show you how to lease expensive cars so that you can promote yourself so that you can run a new chat room service after you're done making your first possible trade. That's what it seems like is everyone's doing right. It seems like everybody's starting a service because trading is so easy, man. You make money for one day and now you are a guru. I will show you steps on how to... We just started maybe a multi-level marketing program for gurus. That's kind of funny, man. You learn after me. I'm going to help you start a chat room. I'll get a percentage multi-level marketing, man. How awesome is that, right? Instead of selling lipstick for Avon, you can now be selling chat room services. But anyway, so what I wanted to do is to show you in any market condition, guys, when things are good, I mean, things are good, when things are bad, things are bad. But in my opinion, it has nothing to do with the market. What the market does is it gives you the opportunity to make money, but it also gives you the opportunity to lose a lot of money. So when marketers are running very hot, guys, when there's plays all over the place, if you are in the wrong side of the trade, you're going to die. It doesn't matter what market condition you're at, right? I mean, you have to be on the right side of the trade. So when people are, oh, the market's slow, it sucks. I mean, it sucks too if the market is hot and you're losing. So it doesn't matter. So basically, I think in my opinion, when things are slow, it sucks because there's no opportunity. What doesn't mean that trading is sucked. There's still like today, there's trading opportunities. You just have to find them. You have to learn the skills to find them and how to pick out the stocks and the process. And you know what? It's like fishing, man. You're going to catch a bunch of fishes in a row or you're going to go home hungry. So it's fast. His feats are famine, I call it. But at the same time, always, always, guys, keep to your process. So I want to show what I wrote out before we start. So to remind myself, I wrote decent days, we're so long, I did well. So, you know, you can start making these sort of blogs for yourself each day, right down what you did well, what you did not do well, and what you need to work on. So maybe that's what you do. So consider this a classroom where you, you know, you're taking college courses to learn to trade and shoot. Do I have any asset? No, I don't have any. Should I short this? Fuck it. I was going to trade, but I don't need to do that. But every day, start keeping a blog maybe, you know, just for yourself to see what you did well, what you didn't do well, and what you need to do. We're going to get to this. So what, what I usually do for the day we cap guys, I want to start and show you my trades and what, you know, and we'll go through there. So let's take a look at what's running right now, FA. So maybe that's what we'll do first. We're going to show FA. So what I did, FA was this, in the morning, Alex did well, he shorted it, and it dragged down, he made the money at the open. These dog, these are like more of a, so what my process usually is, I want to walk you through my process. Okay. And once again, this is the process I got, what you're going to do is you can maybe use it as a guideline and then change it for yourself. So I always begin every single research. So every time I, so the first thing I do is I pull up my scanner. And if you do not have a scanner, I post it all day long. There are guys in the room that you know, you can share a scanner with guys. So you save money by joining MIC. Okay. You don't need a scanner, man. I look my scanner maybe five times a day, 10 times a day at the most. And that's because I'm running out of stocks to trade. You know, I pull up a scanner. So this is the scanner I use. You can use whatever you want. This is, I'm not here to promote anybody. So I'm not going to say the name, but you know, you can use whatever scanner you want, but this is equity feed. I've been using it for like over a decade, dude. I like the, you know, it's just simple. I've used my saying, let me share my filter information. It's very simple. People think that there's some fancy shit that you're buying. People are selling these filters for like $1,000. I'm like, you fucking idiot. Anything that make money, I guess, but you know what my scanner says, guys? Give me every stock who's eight percent up on the day. That's it. Stocks ranging from 10 cents to $10 with number of trades from 100. So we don't want to get one print, right? So I'm like, dude, one of them here, $1,000 right here, guys. You're going to find up my filter. All I does is it shows every stock that's up 8% for the day and over a hundred share out trades. $1,000, man. But you know what, for you guys who's on sale, I'm going to sell this to you guys for 50% off. Fuck it, dude. I'm going to sell it for 90% off. Only a hundred bucks. Fuck it. I'm going to sell it for 99% off. Just give me a dollar, man. Buy me a beer. How about buy me a beer? I'll give you two for free. You know what I'm saying? So being aware of all the stupid stuff people are selling, I just don't get it. I mean, like, dude, how much money you got to rape your people, right? Selling filters and stuff for $1,000. I mean, dude, filters are not going to make you money. Filters have got to find you the stocks, okay? And so the trading is what's going to make you money. So my process is I look at, what I do every morning is I look at my scanner to see what new stocks are moving. Then I go and research them. But in addition, the better trades for me are always a low hanging fruit, which is the hot place from yesterday that we, you know, unfortunately today, there is no low hanging fruit. The reason why? Because there's nothing that moved yesterday. There's no real big hot chick of the day type of stock that moved yesterday for me to play today. And so that's why I didn't really have any low hanging fruits today, right guys? C-A-N-F was the only low hanging fruit from yesterday. So let's take a look at that real quick. Let me pull that real quick. Freaking dead. Dead stock, man. There's really no trades in the stock. So yesterday's stock boom went down, hardly any volume. So today's low hanging fruit was this play, $3 line, $290 line, never came. You know, I didn't think it was going to do anything anyway. So that's why we didn't have any low hanging fruit today. But you know, so I woke up today and I saw RHE guys. Actually, let's do that alpha first. Then we do the RHE, okay? Because it says alpha is running. What I always like to do is I go, I use this site, FinViz, because it gives me all the quick information. But if you're in the chat room, guys, did I miss a low hanging fruit? Ah crap. But this is under $1. So it's kind of like, but this is definitely a low hanging fruit. You would have, damn, I didn't see this, man. I didn't want to sell it. 80s line. Look at this, man. 80 line, 80 cent line. Freaking A, man. You would have made pretty damn nice percentage, guys. It's got the low hanging fruit work. So what do you do is this. It's very simple strategy, man. You look at the previous day, resistance, and that's where you're still. I would still in the 80 cents line. And then what's this top here? ED, whatever it is, okay? Then I want to scale in whatever it is as well. 82 cents, whatever. So that's where I start my scaling. I use the line that I start my scaling. And dude, you wouldn't make money. But the thing is you have to see it. And that's why being discipline trader outside of trading is very important because I got suckered into drinking last yesterday and I didn't show up to work. And so I missed this low hanging fruit because I did not trade yesterday. So I did not see this stock at all. You see how that works? So you have to keep your outside personal life in order if you want to be a good trader. I mean, I've been kind of slacking off to be honest, because this summer is low. I mean, I like to live my life too, you know? And so I miss this opportunity. But when I came back today, I made sure that I size down, that I was not having FOMO because I missed yesterday. I'm not trying to force trades. You see what I'm saying? So you have to know yourself because a lot of it is mental, guys. A lot of it is mental. So let's go back to this. I'm going to forget. So alpha, let's do alpha, alpha, alpha, alpha. So what I did alpha is this. So Alex had a great trade in the morning. I did, I missed it. I'm like, oh, I missed this. I even texted him. I was like, oh my God, oh my God, oh my God. I missed it. So I'm like, but I'm not going to have FOMO. You know what I did, guys? I put out a fantasy order. When this sucker was at 640, I was so upset that I missed the trade at 7. And you know what I'm saying? Because today is slow. These are the things that you have to fight in your head all the time, guys. All the time. You have to fight in your head. You have to fight FOMO. You have to fight being pissed off and missing the trade. You have to be okay with missing the trade. Okay? And, you know, you can get angry all you want, but just don't click that button. So I did not click that button. That's what I did. I put a fantasy order out at 677 to start. And then when they hit, I turned around. Oh crap, I'm in. You know how fast it went? In a matter of minutes, it got to my fantasy order. Then I was like, oh yeah, and I'm going to start scaling in, baby. It was so fast. I missed the talk and I didn't put enough orders out. I put one to trigger me and then I started doing myself. Because in the past, what I did was I stacked them two way too much and if it teleported, I'm dead. So I learned that from the ACMA thing, where you know what, man? I'm going to put out one order or maybe two. And if it hits, it hits and I can always add more. Why am I mistaken before? And I had so much FOMO that I would stack all my orders up and they would just an ACMA. Last time, that's when we lost all that money on. It teleported at $1.50. So it swiped everything went up. And so I learned from my mistakes, right? I learned not to put 10 orders out and bust my load too early on the front side. Because this is still the front side. This is the VWAP line. Anything over the VWAP line is still front side. Okay? So that is the definition of the simplest definition of the front side is over VWAP. But VWAP is not the all ending indicator. Look how much it dropped under VWAP. It got a reclaim and it saved. And that's a danger sign, man. When a stop is well under the VWAP and it freaking goes to new high a day, that's a signal for you to not fuck around. But in the morning, I'm always okay before zombie time. I'm cool. If I put my lines in the outer resistance lines, I feel safe because what happens is the move has been exhausted. It's like a sprinter. In the beginning, it's like, dude, he's hella fast, but he's going to start slowing down. It's similar to throwing a ball in the air. If you throw the ball in the air, it's going to apex. It's going to hit the top and slow and drop. That's the whole theory behind shorting. So I like to call this the first resistance. What the first resistance in my, my strategy is the first time it hits a major resistance, it should most of the time drop. Okay. From profit taking because it's a resistance. Notice this resistance here, guys. So I use this as the basis for this scaling. So the 680 to $7 line, see that seven bucks here guys? So that's why I started scaling right here and it dropped. And what did I do? I use the lines around here to figure out where I'm going to cover and that's what it did. I placed a bunch of money. I don't know where it's going to bounce So I scale in, I scale out and I got all the way down to 650, which is around here. You see how that works? Not magic, pre-plan, using lines. Anybody can do this. The hard part is waiting. And you know what met? If it didn't hit, it didn't hit. I'm not going to have FOMO. I am not going to chase it because that's how I lose. So over time, a process is going to yield positive results. If I am disciplined, so I was disciplined enough. I don't need to get the top of the bottom. I just need to get the general area around my lines and then I scale in and I scale out. And so when I went back up, guys, I did the same thing. I keep doing the same thing. Then went back up. I had orders at 677 and 687 didn't hit that second one only get the starter. I covered it at the VWOP assuring of a bounce off the VWOP guys. You see how it's toying around the VWOP. I'm watching this only 5 cents under the VWOP. People say, oh, under VWOP, I'm going to load in the short. It's over. That's not how it works, guys. That's not how it works. The VWOP is just an indicator. Any indicator by itself may or may not work. All it's telling you is that's the volume weighted average price that people are buying. This red line right here, the VWOP, does not mean that just because it's under VWOP is going to die. There could be guys buying this. And this is, once again, let's take a look at this. This is, dude, it's a million, I'm thinking the flow is like 151 million, 15% ownership. So there's big guys in there. This is kind of like, I can't say I'm a real company, man. It's $16 stock, over $5. All the indication for this, man, market cap 790 million. It's a real company. It's a real company. So it's not going to go to zero. So that's why, you know, you have to be, if it's the front side short, you have the front side cover down. So that's why I covered around here. Okay. I'm basing around the VWOP area. And then when it went back up here, guys, remember, I keep saying channel trading. I'm channel trading. I'm doing the same thing at the resistance line over and over until it breaks again. So notice when I entered here at 677, I put a stop, 681, and it triggered. So that's why I did, you know, so the same thing. So I keep doing it until it doesn't work anymore. So I did it and it worked one time. So like I said, every time you do it, you get cushioned. So now there's money in the bank. And so what I do, I lost like freaking four cents here. Four cents, like nothing. You know what I'm saying? But the key here was stopping out. Okay. And now it's 690. If you wanted to, you can now do a short at seven line, 705, maybe you do a stop at 712 or 789 or 710, we usually won't say. So it's up to you to figure it out. I mean, there's no magic number on where you stop out. But I use my lines as resistance. And that's where I should stop in and stop out. But I do not stop out at the herd levels, like the sheep areas, right? Everyone's stopping out, let's say $7. I'm in it to be stopping out $7. Why would I be with the herd? I like to put it a little bit above because just in case they sweep the seven and go back down. Okay. If you are uncomfortable with taking more than a five-shot loss, I mean, you're sizing too large, guys. Reduce your size, widen your stops. That is the key. If you're finding that you are always stopping out at the top or the bottom, it means that you're part of the sheep, that you should widen your stops, reduce your size. You'd be very surprised by reduction of size and wider stop, how you let the trades work, and you actually make more money. Oh, shit, I'm up 20 cents. Can I short this one? I'm only 10 cents. I want to cover a 348 area. So let me put in this or a 338. Okay, hold on. I'm placing a cover for 348. Okay, let's place some magic borders. Just place some borders here. Okay. Any questions on this asset? I'm still trading. I mean, I love trading, guys. When there's opportunity for me to make money, it's a big high. And so these are what I call fantasy orders. I'm just putting the orders out there, man. By putting the orders out there, I kind of curve my FOMO as well. If you have FOMO, go in fucking 100 shared or some ridiculously small size, right? 500 shared, 1000 shared, something ridiculously small. So at least you scratch the itch. You know what I'm saying? So the most you lose is like 100 bucks or whatever you want to lose. And so, you know, that's the sort of stuff I do, right? I mean, I really have FOMO, but I use my fantasy orders, which kind of curves my FOMO as well. And, you know, so I just put it in there. And then I use my stops. Now, you notice I never used stop before. I've changed my trading. It's very hard to change bad habits, guys. And I'm like, and I'm like, dude, man, I have to do it. I have to do it. So I started using stops. And now the more you start doing it, the more it saves you, the more you're like, oh, shit, that's fucking awesome. So now I'm forming good habits. I'm placing physical hard stock. That's why I'm not really scared. Okay. I'm not scared to go take a piss. So that's after guys. So you know, as you know, that's why I did. Once I broke this 380, I'm like, why the fuck am I messing with it? It's obviously trapping these shorts. It went down under VWOP significantly. Boom, back to a high of day, guys. It's trapping shorts. And now it's over zombie hours. Look at the time. 1030. Look at this, man. I mean, I can't make this shit up, man. This is all by observation. 1030 is our zombie time. Look what the low is, guys. The low is at 1030. You see that? If you don't know this rule and you're slamming this bid, you just got fucked for 50 cents under VWOP. VWOP was 665. This was 650 something, 58 under VWOP. Okay. So VWOP is a guy. Use it as a guy. There's not, you know what I'm saying? The death line to this, in my opinion, would have been under this spot and under this spot. 620. To be darn sure under 620 would have been a death line. You could make a case for under 640. This spot right here knows this spot right here, balances with this spot right here. And that's how if you wanted to time the first bounce, that's where it would be. You see how I use the notches here? And notice, man, it lines up. That's why I call these the lines. It's kind of scary when this shit kind of like, you know, keeps occurring over and over. And that's, that's what technical analysis is. So that's this. Once it went over, I put a stop here. I'm done. I'm like, dude, I'm not going to mess around with it. I didn't make money in the morning. I'm happy. Oh, why am I going to over-trade? So what I do well today, guys, is I stop over-trading. Over-trading is a very bad habit. But the problem, how do you stop bad habits, man? You just have to slowly create a new habit or physically leave the room, man. So, you know, I stopped trading this. I did the recast and I'm good. If I had shorted this sale or the loss, see, I broke my rule shorting after zombie hours on a strong stock over VWAP. Notice this freaking zombie rule saved us. Saved me. I stopped out. I broke a rule by shorting past zombie, but that's okay. You can trade any stock you want, guys. Break any rule you want, as long as you put in that hard stop. The moment I put in a 677 short, I put in a 681 hard stop to cover. And once they're dead, I'm done. You see what I'm saying? I broke the rule, but that's fine. The rules, you know, sometimes they will go down because it worked two times before. The third time usually doesn't work. So what I did was I entered small, put a tight stop on the third try, done for the day, made money on the same areas in the morning, morning. That's why the first hour is always awesome to trade if you're short. After 1030, you gotta be careful. You see this is the prime example of the zombie rule of 1030. I may have broken the rule, but that's okay. Trading, who knows what's gonna happen, right? The key here, guys, was this stop. Hard physical stop at 680, 681. Okay? So that covers A, F, made money, no stress, no problem, no problem. Any questions on the offer, guys? And we didn't move on to the stock. Any questions on this offer? If you want, do a short here. Maybe I should put a small short and then stop out at 702. But, yeah, I mean, I don't, I screw it now. I still need to sketch the shorts. Let me do it. Maybe I'll do it. Maybe I'll do a tiny size. I'll show you how to do it. Okay, let's do a tiny size for fun, guys. Let's do an exercise. Bye. Oh, shit, wrong one. That wasn't short. You see my mind out in there. What's going on here? Unknown symbol. What's this one? I like to add to equity. And then when I do that, this is what I do, guys. I do a stop at market 702 like this. Let me see that what happens. So now I, so basically, if it fills me, I have a stop and let's see if it works. And so, see, it filled me a short, a 698. I put a stop at 702. And then write it on down. No problem. Small loss, risk reward. I make cover at 680 line. Let's see if it worked out. That's how you do it, man. I put in an order filled. I put the stop right away. Now I'm set. I said, you can also do conditional orders, all that. By doing this, let's see. Here we go. Order type. You can arrange a trailing stop limit market. So Google on how to use that. This is the DOS platform. And we're using our favorite broker corporate trading. Okay. Any questions there, guys? I like the fact that this is a big wall. I call this a backstop. So when you ever hear the word backstop, for me, that's what I mean. Backstop. So let's fucking short this again. Okay. So 701. Let me see. Let's see. That reminds me of 702. There's a reason why 702. You said, guys, I'm still alive. I'm still alive. Because every sheep is stopping out $7, guys. The smarter sheep is stopping out at 698, 699, because they're like, I'm going to front run the $7, guys. You see? So now my stop is 702. So let's fucking short this 699 again. Let me see. Should I do that? Let me see if it breaks. 702 is my stop and I stopped out, guys. I stopped out. No harm, no gain. But you know what I'm saying? So now you saw an example of how I do my stops. How to do the order on the stops. And you know, it was tricking the 701. You know what I'm saying? It could go down, but it's great. You know, I don't really need to mess around once it starts to break it to a new high all day. You know, there's some gains going on. There's strong support. I just don't want to mess with it. So I, you know, we lost, we couldn't, how much do we lose? We lost four cents, which is $40. No big deal. But I wanted to show you. So that, you know, any questions on AFLA? I think we're done with this AFLA. Okay. Pretty good examples. You know, these small stuff, paper cuts, no big deal, man. No big deal. It's past zombie hours. I shouldn't, you know, you shouldn't even mess with it guys. So the rule was already there. You know, I broke the rule two times. I lost tiny, but you know, the point is you can try it. Who knows? Small paper cuts. I made a cushion here in the morning. Done. So that's AFLA. Let's take a look at RHE, okay? Here's RHE guys. I'm looking back at this shit. I'm like, damn, I missed this whole entire thing down. The reason why is let's go through the process once again. The process will answer most of your questions. Notice what I'm doing. I'm not doing anything that you can't do. Right guys? Notice what I'm doing. It's just I have a process in place. I trust, I trust my lines. I trust my process. So I'm just robotically systematically every day going through the same routine. You know, it's engraved in my head over all these years, the same process. Nothing complicated, man. I'm not fucking pulling up anything that you guys can't fucking do. You guys are probably smarter than I am. I just go through my process very quickly because I'm used to it. So RHE, the first thing I did had been, oh my God, it's like a small ass float, dude. Small ass float. And so what I do is like, so I look, first I look at this float, then I pull up my chart to take a look at the range. I'm like, aha, the sucker. So I look at this to see the tops of these. Okay. The order that I work through is from the most recent way back to the year, or maybe two years up to you, right? So I look at this first. I'm here. So I'm looking at the potential where it could potentially go potentially go to $4, $380, $4 bucks, then $450, then $5 bucks, right? Then I start to zoom in to get a better read on this. Like, there guys, notice this shit, dude. It fucking matches. $380 and $380. Magic. Lines. Magic. Can you guys do this? Dude, magic. Nothing hard. People laughing about this. You know what? It's so simple and they're like, how the hell did this guy figure this simple shit out? That's because I'm not a fucking arrogant asshole to think that I know better than the markets that I'm going to create some new mathematical fucking program that some, that fucking PhD scientists have not figured out in the past 400 years of trading, right? Whatever it may be, right? I'm just keeping it simple, stupid, man. Kiss. $380, $380, knowing that the potential can go to $4 bucks and $450. I'm ready for that. So what did I do? Boom. All over the freaking $380 line, guys. And then I covered here, of course, the reason once again is because, dude, I'm scared of this road. Who the hell knows? Someone could come in and buy a freaking 500,000 shares of this shit and squeeze me. 3 million market cap. We also, we have this rule. Don't really mess around much with low floaters that someone can buy the entire market cap with. I can come in and buy this entire company if I wanted. So I did small size and I was very, very protective of my gains. I wanted to build a cushion. So the way I do front side trading is you should not know. But if you must, I'm okay with it. I'm using small size. I know my max risk. So I'm not really scared because I'm looking at my line and this is huge resistance here, man. So I started to dabble with it. And then when it came down, I took my, what's this, $380 down to three freaking 40 cents, man. I mean, you know, I mean, this is my cushion. I build a cushion all day on this thought. It dumped and I was like, fuck, fuck, I don't want to chase it. I don't want to chase it with low float. And so I am okay. Some guys are pulling this thing all day. Good for them. That's not my style. Good for them. I made my money. I'm sitting on it waiting for a good opportunity. I'm not sitting around hoping it's going to break trend and go down because this is low float guys. It's a low float. I'm scared of the flow floaters, man. We've seen these things just zombie and teleport. So what I did was, of course I was pissed. Of course I'm pissed. I covered three 30s here, three 40s. And it went down and when it went down, I was like, fuck, fuck, fuck. So what I did, I waited for it to go back up so I could scale in because we determined that around the three, let me see, under three, 2310 is the death line. Okay. We figured that out over here. That's the lowest line of support. I call that the death line. VWOP is, I forgot what VWOP was at that time. It was three 40. I think three 40 something three 50 was the VWOP at that time pre-market. So all this was VWOP guys. That's what I'm covering at the VWOP. The funniest thing is I didn't even look at the VWOP. I just did my lines and the lines happened to match VWOP. I call that layering, layering indicators, right? So it broke under VWOP boom and then it takes. So when it takes, I was like, fuck, fuck, fuck. But I also know one of my rules, my strategy is under the three 20 death line, three 10 death line, that chances of it being saved is very small. But this is still a small cap. Depending on the volume, they can save it or not save it. In this case, the volume at the pre-market was not very high. It was still under the stock was not overly rotated. It was not overly rotated pre-market. That's how I determine engaged strength. In pre-market, it's already rotated two times. For example, get the fuck out. You don't shorten this thing. This thing is a hot potato, you know, but in this case, it was weak volume. And so that's why I went back down. And then what I did was I played the safe man. I played very safe. I sure left a lot of money on the table. But look how many times I freaking quote unquote, scouted for 20, 30, 40 cents. I made my money already, guys. Why the hell am I risking? Of course you can risk a little piece, which if I was a better trader, like Tosh, Tosh would have kept a little piece and it rolled down. I did not do that. I keep forgetting to do that because that's my bad habit I always do. I like to lock my money in, walk away and cry. Better strategy was lock your money in and maybe save a piece of it for the potential of going down. That's what I'm working on, guys. I'm not the best trader. Like I said, I'm an old dinosaur that no one taught how to trade. I traded all of myself. No one posted charts for me to see. So this is why posting charts is a very good tool to learn from, guys. Watch these charts because with charts, you can figure out what you're doing and improve your own game. My game obviously is not the best. I do it okay. I'm always trying to learn. I'm looking at charts like from Tosh. He's holding a piece. I'm like, fuck, I sure held a piece, maybe a quarter, you know, at least I'll get some more money when it flushes. So that's what I'm working on. I keep forgetting to have bad habit, but you see how that works guys? Even I have a bad habit. So if you have bad habit, this is what you need to do. Figure out how to get rid of that habit consciously. Always think about it. But you know, my good habit works out well because I always like to scale back when it starts popping. So I should be sure to hear it. I'm just lying this mother down. That's it. So now I did this well. So things I did well, I always remember every day, like I said, go back to your trades review what you do well, what you do poorly and what you want to work on. I did well by, you know, doing my research, figuring out the lines, shorting here, covering here. I did not do well by holding a piece. I could tell myself, I've got to hold a piece all the time. I did not hold the piece, a piece of this. So I missed out on like freaking 40 cent drop, like, fuck, you know, but I did well when I started to recognize those under the death line so I could scale the pops because now it's backside. And that's what I did. You see this, this curve? So I did this well. What I did not do well was in between. And so this is what I'm working on. So you see how you see how I walk through my mental process guys to learn every day from my mistakes. This is a nice winner for me, but it's still I have a lot of room to improve. Once again, this is a low flow who the hell knows what it does. But holding a small winner could be helpful. This thing happened so fast, man. It is way early pre-market guys. So I didn't know they were trapping. So I played it safe. You know, I played it really safe. And so if you stick to your plan, guys, you cannot be mad. My plan was, you know what, man, I don't care about tanks. I made my money. I don't want to get trapped to improve my plan next time. Hold the piece. But look at this. See this, guys? Freaking trap. Good thing I didn't come back, right, guys? Alpha now. You notice what happened? You have to put your stops in. You stop now and get fucking back in. It's trapping, man. And this, you know, we told you the signs that it's a trap. Under VWOP, reclaims new high day dead meat shorts. So any questions are at you guys. Now I'm just waiting for this sucker to pop back up anywhere near VWOP to add more shorts. So I was going to ask why this is not a first bounce candidate. Someone asked me the reason why it's not a first bounce candidate is because it breached the death line. Once it should have bounced at 320. You see what happens? So if you wanted to play the bounce, guys, if you want to play the bounce on this, put it where the support line is. The support line is 320. Notice they are trying to support 320. It matches. Man, let me do the two days. You see this? This was the bounce. This should have bounced right here, guys. So if you wanted to play the bounce, you would have put 320 line with a stop. Always use your hard stops, guys. Because look, it fell out. Boom. If you don't want to stop, you're freaking dead, dude. You're dead. So put your stops out. The moment it breached this, I was like, yes. Here's my opportunity. Please bounce. And the dead bounce, I re-entered and made my money. Look at this, man. 310, 260. That's nice. Call me a scalp or all you want, man. These gals are adding up, right? So that's our HQ, guys. Any questions on our HQ? Let's take a look at WKHS. WKHS. So let me see what I did here. So this was the chart for WKHS. Yesterday was a low hanger, which I missed and pissed off. When I launched out, I damn, I missed a huge day on this stop. Kept on going down. You know what I'm saying? It breached the death line from here. So here was the last support, guys, right here. So anything under here is a huge short, guys. So the death line can go back for two days if you want. We usually do the one day for the low floaters, but two-day support is also a great thing to look. So this was the last support for the past couple of days. So under here, they're trying to save it, see the bounce to back up. They try to save it. And then underneath this, we'll go all the way down. But the death line for day one is big giz probability. I don't really use two-day death lines. If it's past two days, I call that the support line. I'm saving the death line just for parabolic moves on these type of small caps on day one. So the way I do death line is usually for day ones, these type of crazy small cap, low floater type of moves, parabolic kind of stuff. The next day, I would use this as a death line. I would use these lines as a guide for support and resistance to short into and to collaborate. And so that's what I did here. So I used WKS from yesterday. And notice it had what I do here, 350 360. Oh, okay. So let's take a look at this. Okay, so this is what I do, guys. I use multiple charts. Notice there's a chart here using and half candlesticks have all this. So you use many charts you want, okay? Don't just stick to one chart. So I use different timeframes and all that stuff. So WKS in the morning, you notice like I use this as a resistance. That's why I started scaling in initially at like the 360 line. You see this? It's because of this. So pre-market it tanked all the way down to 310s. Then when it went back up, I started scaling at the resistance areas between 370 and 360. That's why I based it upon this. See 370 and 360? I used the resistance from pre-market to enter. And then what I did was it went down. I was hoping it would go down more. It did. So I covered some here. Then I covered some here. You see what I'm saying? So I actually took a very tiny loss. I took a very tiny loss because I covered some here, which I made money from here. I covered here, which I lost here, right? So I made small. But the key was stopping out. I was like, shit. It broke the resistance 370. You see it's 370 book resistance. So I stopped out, man. I stopped out. I didn't lose much weight. You see how that works? I stopped out so that I can go back to the next area. So next area I'm seeing is 380. Four bucks. Four bucks is the area really we wanted. It may not get there. So what I did was like I started to start to scale around the three. This is a $3.90 line. So 387, I started to scale. I have orders out higher, but never hit. And so I knelt it here and I covered up when it ticked down. So I made back my losses. And then some, and then I went long. So imagine me going long. The reason why I went long is this is an example of first bounce. I determined in the morning that the 320 was the support. And so when I started taking so fast, what are the first bounces? This is the first bounce. I call the first bounce because it's the first bounce off of a major tank of a big move. So it was a big move, man. Went from 310 to 390. Boom, back down to 330. So I had to get in. And I used to support 320 as the line that I'm scaling. So I had 330, 338 area. The next order would have been a 328 and then 318. So I was just trying to get the general area here. I don't know where it goes. And so sure enough, dude, this is a perfect freaking play, man. But I bought it twice down here. I'm starting to scale all the way back up here. And I'm actually short. This is a short, too, when I saw it. I'm still short. I'm still short at 370, 367, guys. Remember, I'm still short at 367. What should I cover? What the hell happened to cover that? So I shorted where the last cell was. So maybe I had VWAP 340, VWAP using DOS 348, which, yeah, I have a cover there already. I have a fancy word, 348. Maybe I'll just do a little higher. Just so that, let's see. Ah, 351. I'm just going to leave it, fuck it. All right. But you see how I'm trying to figure this out? I'm walking you through my head, figuring out what I did. I did the first bounce here and went back up. And then I'm like, dude, this is a major resistance. I'm down so much, so fast. So I'm scaling at 367, 377 by 377 and hit. So I'm like salivating before I go back to the to the high resistance area. So that would have sized me more up here. This was just my starter right before I did the daily cast. I don't have much size at all, but it was enough. And so let me, let me, let me play some more. Okay. Okay. So I have an order of 351 area. Let's see if it pops back down. Hey, man, 377, I mean, 367 to 351. That's 16 cents. Not bad. Not 16 cents. Not bad. You see what I did here, guys? This is a very great example, man, of how you short into the major resistance and then waited. I missed this entire move. This came out of nowhere. I mean, dude, I mean, this came out of nowhere. So strong guys. How can you ever be short of here? But it's sure enough. This was a trap. This was a trap. The guys are slanted and thinking this will go down more. What is the meat? You always have to ask yourself, what is the meat? Let's take a look at this, man. Let's see what the meat is. 10 days. There's no meat left, man. You see that, man? There's no freaking meat left. The pivot is 328, guys. 328. Right here. 328. He got to where I need to get. If you're short into five bucks, you hold it here, you bank, man. You see the high pivot to the low pivot. What meat is left? There's no meat. So you're stupid. In my opinion, you need to be still hammering this guy way low here. What's the meat? The reason I'm shorting up here, because there's a lot of meat, because it went up so fast. And then I did the first bounce. Remember what I said to the first bounce? It works on the first time. That's why I call it the first bounce. But it's just so happy. I got lucky that it actually hit my first entry areas. I had more at 328, but it didn't happen. So man, when I back up here, so I'm training this both sides, guys. I'm buying the winners low, bouncing it up. I'm shorting it high. That's pretty cool, huh, guys? That is pretty cool. Okay. Any questions on WKS? So we had a great example of shorting into the major resistance line and then the first bounce. Beautiful. Beautiful. What else do we train today? Sun W. Shorted here. Let's do Sun W. Thank you. Nothing really major on the stock, guys. I saw a gap up. I used 80 and 85 as the first resistance, the short in the front side. That's what you see here. And then when it popped down, I covered, you know, I made 10, 12 cents, 10 cents, 10 cents. I mean, 10 cents may not sound a lot for these guys that are trading $100 stocks, but 10 cents on an 80 cent stock has a big percent. I covered the rest on here. They cry because I'm hoping to go back up to the view option. I didn't get back in, but didn't. So I have fancy orders all over this area here. Just in case it goes back up. So that's how I trade these. It breaks down. So they're doing like this. I try to get back in around the view up to be short. But all around the lines, man, you see these entries. That's why I'm getting these great top ticking because I do my research on my lines. I have such confidence in my lines. And that's why people think, how the hell you top tick me all the time? No secret, man, but now I'm sharing with you how I do it. And so you know what's going to happen? You guys are going to be my biggest competitors. We're all going to be fighting for those areas. But you know what? There's a lot of volume to go around, four million share, right? Short and four million share to this stock. So that's why I, you know, it's okay to share these things with you guys. Any questions guys? I'm going to stop now and start taking questions. I don't want to get too, to do this too long. So let's, let's take a look at, you know, if you have any questions, let's go with this real quick. What I do well today. I stopped out in the recap. I'm going to do a recap of the recap. What I did well today was I stopped out WKS. Okay, let's put that in. I stopped out here to get back at the high, which, and then I was patient. Notice I'm not adding the longs all over here. Dude, my first entry was 338 dead on. I had 328, which didn't hit. So then I added, I had tours here. So hit here and I added and then went back up. So what I did well was no FOMO. I stuck to my process. I plan my lines and I execute around the lines. I did not have FOMO. I did my analysis. Let's, oh yeah, we didn't need to take a look at the analysis part yet. And so let's take a look at that. But R-H-E, man. So everything I do, I look at R-H-E. So I'm looking for the effective all of the warrants and shelves and offering and ATMs, all that good stuff, right? I see nothing for a long time. So that's why I was kind of like nervous. I didn't want to be too committed, make my money and get the hell out of these low floaters. I shouldn't even touch any low floaters on the front side. I use smaller side. I took my money. Front side covers, front side shorts, right? So, and that's why. So there's no dilution. There's no obvious dilution. That could be always dilution, but there's no obvious dilution. And the fact is, even before the market opened, it breached the death line. When the death line breaches, man, I don't care if there's no dilution. The dilution is going to come from the bad holders. I guarantee you, there are guys in other chat rooms who are cumuling this thing thinking, finally, we have a low floater with no dilution. And that's going to kill all the shorts. Wrong. You know why? Like your little secret, man. Volume was weakened. And the secret is this, there's not many shares to short. I could not locate many shares in short. I was only able to find small size locates, which means that if I cannot find it across all the brokers I have, it means that no one else has it, which means no shorts are stuck in order for these crazy stocks to go. If you take a look at the history of these supernova type of stocks that goes crazy for the moon and to the sun, all of those have something in common guys. Low float up hold with a lot of cheap short locates that's available for everybody. Easy to borrow stocks, ETB, which I like to call easy to blow up. When I say ETB on a low floater, easy to blow up. Okay. So that's your secret guys. Not many shares to locate, which makes it a very crowded long side. And so when the deathline breaches, all these bad holders are dumping, they're dumping, they're like, fuck, fuck, fuck, fuck, fuck. And every bouncer, they're selling it to the bounce. See how that works guys. VWOP, yeah, I mean, WKS, yeah, you could. I mean, you could under VWOP. Let me see here. VWOP's here, man. I didn't want to chase. What's the meat left? That's why I don't touch this VWOP. This is way over VWOP, man. Way over VWOP. And the fact that this is way over VWOP and it dropped down, that's why I do the first bounce. Big move, real quick tank, first bounce candidate, strong stock. Way over VWOP. VWOP's here. Okay. Any questions guys? Let's take a look at the questions that the guys in the room wanted to ask. So let me take a look here. Hold on a second. Hold on a second. Okay, let's move in this. So here's the question that some people have. On the way up, do you add them the way up with more size at each level? It depends. I keep the same, but if it gets to a major one, I would add more. So what I do is I add more. So I keep the same size as, so basically it's I mean, you can try what you want. Everyone has a different style. I do the same just to get a filler and then when it when it rejects to the major line, that's when I start to add more and more. So when I add it as a small, small, small, it's like a little filler trace, filler trace. And then when I see the major, this is the line, then I start to add more. On AFA, you were watching 7-9, but it collapsed and faded. You just sort of moved to the top of candle. What were you watching that make the decision for the trigger? You guys are overcomplicating this stuff, to be honest. I saw resistance. I mean, that's all I did. I scaled the resistance. Nothing complicated. Fudge factor for stops for new members. We talked about the stops. We talked about the fudge factor stops and not being a sheep. So we talked about that. We talked about RHE about the float and why I thought that it was overcrowded long. There was not many shorts and then when it breached the death line, all these guys were sellers. That's why we got this collapsed. Now it's time being up guys. This is the thing with small low floaters adding to winter without destroying your average. Fuck the average. Bullshit that people say. Add to your winter man. Scale in, scale out. Too many people go on a great average. What the fuck man? I'd rather have a bigger size and a little lower average and make more money. So that's that. Any questions guys? This is a short and sweet daily recap. Alex, what am I missing? Any questions guys? I want to let you guys leave on an early slow day. What are you thinking? Any questions Alex? Any questions anybody? What am I missing here? Live trading. You guys like this stuff man? You should come to the event. I'm telling you now. This is this is the opportunity of lifetime guys. Live trading. I may screw up and you will see it. When the loser draw, the you know, the key is to learn. The key is to learn guys. Any questions and we'll end this daily recap earlier. Keeping it small and sweet. It's been an hour. Cool guys. I'll see you guys in the room. If there's no more questions, we'll be posting this up. All right guys. Have a great day. Enjoy your weekend.