 Well that's new. Did you guys hear that? Did you guys hear the zoom girl, that sexy voice? This meeting is being recorded. No shit. Really? Well, hence I just clicked record. No shit I would hope it is. It's so funny dude. It's like every now and then like a company will update their features and it'll like throw me for a loop and that's the first time I've heard that. So that has to be new, right? Yeah, it's funny man. I see that all the time. That's what that's how we envision that the MIC Secretary sounds if she could talk maybe a little bit sexier but I'm still wondering what she looks like to be honest. Now let me let me try to add you buddy and make you a panelist and see if it works. One sec. One sec buddy. Now you're good on my end so if you figured out on yours you can you can talk. Hey can you hear me? Yo what's up buddy? Alright man. What's going on? What do you mean what's going on? The freaking move of a lifetime. Yeah man. Bro where do we start? Where do we start today? Seriously. What do you want to know? I'm gonna let you direct and lead. Guys what do you want to know? Seriously like you this is a look this is like unprecedented action. This is crazy stuff. You have me and my my vices man this shit is fucking hard. I was up down up down these meme stocks. What happens is that at first you think the head of snakes AMC so I'm shorting all these simply plays like BB and and costs and all this shit because I'm thinking it's fucking running off to the AMC. Now AMC dies and it tags over to GME so now GME's up, BB's up, cost is up, all these other shares up so now each one of these sympathy pays are turning into the main plays itself. So right now bro it's ridiculously difficult to short. You don't know what the fuck is going on. My advice to everybody is just do not trace these man. I've actually gone from green to fucking red to stuck. It's it's pretty bad out there man if you're shorting because you have no idea what to base it off. You think these are pieces of shit company which they are definitely pieces of shit company but these pieces of shit can run 100 bucks. Bro it doesn't even matter these days anymore like it doesn't even matter that their shit companies right like someone posted a really funny but true meme earlier guys if you read that this is why I found this so funny. I paid $120,000 for an MBA only to watch meme stocks outperform the market. Do you know how accurate that is right now? This is ridiculous. Dude, I went along on some of these and fucking tagged. I'm sure if I went up this is pretty much unpredictable shit. It's just fucking outrageous man. The lines are not holding. It's just yeah right now it's just a wall wall west man. I have no idea what is driving it that basically what I call is these stocks are non conforming to the chart. They're totally unpredictable. They're basically dude they're untradeable then they're untradeable. I completely agree bow and dude this is out of my pay grade man. I've been really off the gas pedal on small caps for the last week man because I don't like this meme wave dude. I was saying don't underestimate it a week ago. I just know this generation of behind crypto behind shit coins behind the problem going long is this if you fucking go along he's made and they dropped they may never ever go back up again because they are pieces of shit company that should not even be remotely up anything. So that's the fear of going along guys the fear of going along is if you're fucking stuck and you do not have a proper risk management you will hold this shit down to zero and it will never ever well and even in battle let's talk about even if you do get a reprieve right like let me kind of blow up the daily chart on M.I.C. guys say you so my my I knew someone who got stuck for a long time on AMC and they got bailed the fuck out but look at the time that they had to wait to get that lucky as fuck because it nor dude what's the odds of ever fucking to go back to the odds of this coming back were almost none but look at even if it did come back you would you have to wait three months since the last run like that's agonizing dude it could be never and it can never look look before this fucking meme shit look how long GME and cost was way down dude this is your your chart there's a five year chart look at this look at this dude you guys are missing the whole fucking point the point about waiting three months is waiting years and it will never go up this is the this is the only time in history that this move is happening and happened again so I mean the next side of the Congress fucking change the rules you never know but that's the fear of going along on these guys these are lottery stocks so treat as a lot of stock do not fucking mortgage your house do not fucking like you if you trade these you better be fucking okay we're losing a hundred percent of your account yep at 1000% dude this is a lottery ticket at best and even if you get bailed out dude there are times when you're stuck for months and you're on your knees begging it every god you've ever heard of to get even to get it's not worth it man so be fucking careful dude this is this is the biggest candle AMC has ever seen I would stick my life on it and I wouldn't even have to look at every single day it's ever been in business I wouldn't even have to this is how ridiculous this is this this I mean it's nothing to say about it guys if you train on the shit you're training on your own I mean fuck man I'm actually down today cuz I got fucking rate on some of these that so like BB for example I thought that was fucking like a simply play but simply plays are turning into the fucking main plays now and that's the fucking craziness of this fucking market the market is just fucking the shorts getting themselves fucking stuck a they all diverge from the main stock so basically each one of these are becoming their own fucking head of the snake which is almost never the case man this is why we're saying guys this is like almost a new generation of trading it's like people are getting bailed out this net but you can't you can't go long on things like that or invest in it for the long haul because it might never do it again so you don't know when the last one is gonna fall but dude this would have never done this years ago when when AMC was done when this put in like a certain amount of weakness BB doesn't go up it's a sympathy like usually the sympathies never even make a move past what the head of the snake is doing that's what we're trying to say so I mean look at this shit for fun man there's the education of these is having the fucking discipline not be in the stock that that is basically what the education is man like I was making money on this now I'm not making money and now my fucking orders are all fucking stuck in the stock fucking ridiculous there's just no it's just action where if you guys can literally cut your ego out of the equation and sit on your hands for a week or two and just say look this is above my pay grade this might be out of bows pay grade take your ego out of the equation dude and just chill for a second the market's gonna be here a hundred years you don't have to capitalize on this FOMO right now guys just chill just pump the brakes for a week what's that about dude now now they're all stuck my orders are fucking stuck so I mean dude it's blowing up fucking networks of systems as well my fucking arka is fucking down for me this is this is the dude's a nightmare I cannot believe what costs in GME are doing right now with AMC with this overhead I cannot believe this dude I've never seen a fucking move like this I just don't know what to say man it's fucking it's pretty much ridiculous by the way guys this is coming from your guru's mentor this is a guy who's been training for 20 years like I've only been training for seven years the bow has been in two decades so my mistake today was getting overly confident making money initially and then sizing up when AMC tanks only to fucking see this shit create its own fucking head this is like this is like the hydro from Godzilla with the three heads literally dude I've hit my max loss and thank God I have a max loss well that's what I was saying earlier to start this webinar these are the days bro where I have and I'm not shitting you guys I have seen dear friends of mine lose hundreds of thousands in a day because they didn't do what we implement at MIC called a max daily loss or hard stops back then none of us used them fucking five years ago but now that we do it's because of days like that I've seen my friends go hundreds of thousand dollars down the hole in one day because of a day like this and the underestimated not cutting it off when they showed up that's the point so you know you hear us blather on about a hard stops and for good reason so if we're driving you crazy on that I hopefully are I'll keep banging your head against the wall about using hard stops and max daily losses because if you don't use them you're not a trader anymore you're done bro you're not a trader anymore so do you either want to you know get annoyed at me rant and raven about it all 24-7 and you make money or you blow up one day and you're like man I wish I would have heard tossed you know jam it down my throat every single day I'm telling you man skate had FOMO traded for you 50 shares scalp and bounces with hard stops you know what dude that's the way to go man skates you don't do what's comfortable but also do what you can do to protect yourself right the thing about insane amounts of range like this guys is what you'll notice is it doesn't take any kind of size to have a good day you could literally get in 200 shares on something you know one of these runners set a hard stop risk 200 bucks and maybe make three grand like the beauty about range is as long as you protect yourself the range went on the right side trend can really work in your favor like a tail whip like a tsunami in fact yeah but I haven't lost like this and Jesus I have a number one loss of a long ass time now you said you said max daily loss in two accounts I've never heard you say that bro in like five years that's that's that's how you know this is really really a hard market to trade guys I haven't heard about that in five years it was the mistake once again I tell you guys is to underestimate and miscalculate which ones hit a snake and this whole thing is a totally different sector guys this is not your typical training this is not your typical sympathy trades this is a whole new thing they're just they're just pounding so going along is so dangerous in these levels like I said maybe it fucking goes down your fucking smoke date so dude this this is literally what it is right now like usually when the head of the snake it's cut they're done bro this is this is what it is right this is what we're trading right now that like when you see this guys these are the sympathies that are running with it that's what we're talking about like this thing has multiple it's growing new heads that's usually never the case so when you see this it's you just got it sometimes admit defeat man and just say I will come back tomorrow I don't need to try to bully my way into a bigger loss or don't be that guy that's got a max daily loss and then you call up your broker and you're like hey hey you know Ryan etc. or you know chat etc. you know whatever broker you're a part of don't be like dude remove my max daily loss I'm gonna make it back I'm gonna make it back and then bro you're done you're it only takes one really dumb day Caesar I did awful today started green in the morning look like 150 ended up right now with negative 550 and you know what Caesar that's not career ending but I hear what you're saying right so you know depending on what what amount of money you make each day maybe that's three days work maybe that's one day work I don't really know but when you can keep your losses small and say look dude today I got beaten up it's okay I'm going to come back tomorrow with a clearhead or the next day instead of saying okay I'm negative 550 let's trade the rest day till I get back to zero and then it's 2500 by the end of the day negative you know what I mean like you don't want to keep compounding when your head's fucked up and your mental is really off kilter you got a gyroscope dude in your body man and when you're off center man there there's a big chance of you continuing to be off center if you keep pushing when the iron is just do look at this man look at cost right now this unbelievable dude like AMC which was the head of the snake is actually under performing right now and you have this outperforming like what's going on you know let's go through these though just look at Twitter who would have predicted AMC would go up 35% today or and we'll keep dude who knows like who could predict this right all the reddit guys like I did I did we're going to 100,000 a share okay do not get cocky nor overconfident when things are spiky or crashing we have all done it exactly bro overconfidence or or well two two factors right over confidence will absolutely get you smoked but it's also as destructive as just ego saying I can revenge this back I'm too good of a trader take a loss day I'm too good of a trader I've been doing this too long to hit a max loss I'm gonna make it back and then you double it you triple it let's see I've called my broker do exactly that it never ends yep in midtown just said it dude he's literally called his broker to say hey remove my max loss today I don't need I'm gonna I'm gonna keep winning this back or I'm a dude I I've literally done that one time I can remember I've done that two times in my trading career and I think one time it ended good one time it ended bad and I was like okay just always keep it in fuck it dude just always keep it in max daily losses guys set it at a number you're comfortable with losing this will save your mental capital and stress level see the problem with you guys setting a max loss there is one problem with it and I tell you what it is when you set it too big you're going to want to remove it from your broker because now you think you can't accept it you're down that much quote-unquote that much right when you have it at a reasonable comfort level like Steven just said okay whatever it is you know every trader is different on risk if you're like okay I'm very comfortable losing 500 a day that's no problem then you set it at 500 but if you set it 1500 and you get fucking queasy and want to throw up all day once it's about 750 guys you're gonna want to remove it because you don't even want to accept the 1500 so you might as well make it back and make it back and then you're in the hole for five grand and then you're literally vomiting your brains out because you're not comfortable with what your original max loss was so like Steven said you've got to set it up to where it's comfortable because when it hits you just go okay I lost that day it's not a big deal and I'm a trader you lose every now and then I anticipate a loss every now and then this is normal I'm okay if you're not okay with your max loss it's too big and then you're gonna manipulate it markets have been the toughest easy to break rules very very easy to break rules right now and that's why you know bow and I feel that it's our duty like fucking we have to do these webinars right now dude like as much as sometimes we don't want to write like that doesn't necessarily probably want to give a webinar on a day where he's read I'm assuming like I wouldn't like that's not easy but do we got to protect you guys we got to tell you guys what to expect right now it is not an easy market and we're not just here to be gloom and gloom but we're here to be the light that you need to hear because there's a bunch of people that you're gonna see on Twitter today they're gonna brag they're gonna say there's the best trading day of their career how can you pussies not make as much as we can blah blah blah they're gonna pout they're gonna blow off their chest they're gonna try to be King Kong and let them dude just let them while we teach you guys how to stay safe for the next hundred years as a trader just avoid the shit guys fuck man these all these fucking sympathy plays turned out to be now the new fucking plays man this is just way too unpredictable enough they do not even conform to chart these are just pure squeeze whoever short these are fucks I would say the best thing so this come back to the whole thing that guys the boring the boring days of the best days these exciting shit make a lot of money these are my dad that's that's not what I want to do anymore he's gotta be careful man I'm telling you right now guys I make my money every fucking single day until one of these guys come in and I I think I have fucking cushion from them the week and shit like that yeah fucking kill well cuz bell how many days dude seriously if it before M.I.C. before heart stops before max dated lost do we go okay M.I.C. broken we load the boat on cost and we even keep adding while it's Britain dude you can't do that anymore you can't do that look at this yep so you you take over let me fuck a handle of shit guys I gotta fucking now go do your thing man go do your thing I'm gonna rant on a couple things so we appreciate it I know I know how fucked your headspace can be man when you're down on the day anybody dude I'm talking about any trader even myself it's very hard guys um in even our positions every now and then when we're educators and there's been days man where I'm looking at such a big red P&L and I'm like I gotta give a webinar man I have to help the members learn what I did wrong or maybe what bow messed up on or what Alex but we all mess up and we all have days where we're like you know what man I'm just not feeling it today and it's gonna happen and the thing the thing that we pride ourselves at M.I.C. guys is the number one thing is it's not a hierarchy there's nothing about am I here I'll show you our roster list again there's nothing about M.I.C. that says I'm better than you you're better than me bows better than guys it's not about that it's it's such a collective experience of what can I learn from you what can you learn from me dude I learned stuff from members sometimes I think questions yeah what's up buddy yeah I think questions man I think time's running out so oh yeah yeah so what do you guys want to learn what you guys want to do all that because I think we killed the dead horse now let's let's see I think the questions start any business taking losses at some point why would anyone expect to not lose in trading yep exactly can you guys explain what would what would have been a good entry on OEG at market open bow if you're still here to answer questions yeah we can definitely talk about some stuff what are you talking about OEG long or short um let's see I think he was talking about short let's let me let me pull it up I mean those kinds of questions kind of stupid in my opinion you guys you guys can look at the chart throughout your own so I don't know what what he's trying to say the thing about OEG that you guys should take in a consideration outside of just necessarily where should I get in is this is one of the examples today guys that was not a meme stock and look how it performed versus all the meme stocks and this is why when Alex wrote in his watchlist today which again is the best freaking resource at MIC he's gonna guide you with what you need to look for because guys this was not a meme stock and it got smoked the attention was not on this today the attention was on these so wow look at the god dang dude look at these money is flowing to four corners and I very rarely ever seen that in my trading career that's unbelievable in fact the volume today on amc is about 700 million I think it was that's insane that's absolutely insane uh let's see next question uh quick question when you set a max loss of the broker do you prefer setting it as auto liquidate when max loss hits or a liquidate only now what do you do what do you like you got a lot liquidated man yep you're not fucking if I had the fucking liquidation done I'd be fine yep couldn't agree more right now I fucking turned into a double max loss I couldn't agree more um but yeah sorry man I kind of skipped over your question Caesar I mean to go back on oeg man just just outer lines when it comes to what's a good entry outer lines and where you're willing to scale based on resistance this didn't jump high enough for me today so I actually didn't hit it but if you wait for this major tank and you do want to hit a couple of the channel trades um on the pops that keep failing under VWAP you can do that with tight risk so that's a very simple man pick to the process risk management trading is very simple today I fucked up because I had no fucking risk management whatsoever because I'm like dude amc tank the chit chit tank but they became ahead of their own so and that's what happens when you're trading so much size on this stock that's not liquid like costs you're fucked so cost unbelievably was a huge loss it turned I mean I was I turned around I was down maybe three grand and then I turn around as I ballooned to like 10 times the loss instantly look at look at that parabolic yeah let me let me pull this up for you guys so you can see so my whole thing guys focus on risk management you got putting your fucking heart stopped you have to do your max lean loss liquidation loss today was a big big fucking learning lesson once again for myself bingo I haven't I haven't done this in ages and that's because I'm like I came into the day thinking I'm going to nail all these guys and which I did I was fucking nailing every single play until they became your own fucking monster so and you know it happens guys take a loss but I'm just telling you how it is man this uh just just basically turn off all these fucking new stocks and you're shorting the shit well and the good news is guys again is we can educate you on days that we fuck up every now and then or maybe break rules or throw caution out the wind and you got to understand trading is not just fucking unicorns rainbows bro there's dark days every now and then where you go wow I really broke rules and of course you know I suffered for it because I broke rules um touch what would you what what uh would you be up to analyzing this trade I did on bb so let's take a look on what you did on bb let me pull this up buddy my computer is a little slow right now after an hour on this webinar man it really slows up all right we on is this it yeah I don't know what you want to know well here's what you did man I mean I did good job yeah I don't hate this trade man I mean you had a stock that was not garnering a crazy amount of attention a it was part of the meme stock says it's the blackberry it's bb but here's the thing man I mean you shorted it vwap I'm assuming you probably risked vwap right there with the resistance right there I don't know what you went yeah I mean this is not the best of a polish you know that's not yeah just I like it I mean you paid yourself on a wash as long as you're really mad this how you this guy guy I think a lot of times people just want to fucking like show off their shit um and it does I mean I'm gonna be really honest with you guys man you guys know exactly what you guys need to take a look at the fucking chart draw your lines analyze it and say hey did I do right not do wrong hindsight is the easiest way to examine indie stocks guys you do not need us to tell you hey you did a good job you know whether or not you did a good job if you do not know go watch the videos right the videos will tell you how to draw the lines you have the chart in front of you how can you not know you did a good job or not right guys um hindsight is very simple pull up the chart take a look at it draw your lines on that chart and say hey did I do a good job did I have foam or did I cover where I should have covered so you don't so when you do that every single day after the market closes you will be a much better trader you do not need us to examine every single print you do guys you save those questions for when you fuck up if you fuck up and you do not know why then you can you should ask but if you are but if if you're making money and the only thing that you're trying to figure out should I make more money I mean it's obvious right everybody can make more money just draw the lines I did I totally okay next one um I have my max loss for the day set to auto sell and do not let me trade again is forcing me to stop and think nice stan um about setting hard stops to use market hard stop or limit z never a limit they may not trigger you have to use market hard stops um they're going to execute and do some slippage as a market hard as well as a as a market order but guess what man what's better getting executed as a market order guaranteed 99.9% of the chance or a limit hard stop where you know it triggers 30% of the fucking time and your limit stop is at 1325 and never triggers now this motherfucker is at 17 and you're crying so market hard stop always um would you consider amd wpg and oe g low hangers uh i didn't even look at two of those yes you know the answer bro that's what you asked yeah yeah that was the same thing right like the chart like you use a lot of fucking low hangers of course of course yeah of course i know oe g was because i mean if you don't know the answer bro look up fucking go watch the video i'm no hangers i i i i mean i'm sorry guys today i'm very frustrated today when i'm hearing these questions guys i'm trying to be gentle but some of these questions just kind of like hey i it's kind of like stroke my ego you know kind of shit yeah i do good job but but this is good this is this is raw this is real man we don't polish this is fucking real dude this is good like sometimes we need to be blunt sometimes let me ask you let me do the congress let me ask you what makes you think it's not a low hanger see now that's a really good question so let's talk about that that way what possibly can make you think that oe g was not a little hanging fruit or w p g was not a little angry right and the answer is nothing you end up thinking for yourself because what happens is this even though you know sometimes i feel like it's like when i'm when i'm a little kid i want validation from my mom because i'm always so insecure yeah i do good job mom that's a good job you got a fucking 95 percent on your test you did a good job i did it 99 percent like shut the fuck up right can you tell balzation or what so a lot of the times guys it's self doubt just stop self doubting yourself so you ask yourself like i mean dude oe g take all away fucking down i mean i don't know what else you can say it's not low hanging no it's a hot chicken today bro and then is amc a low hanging fruit so so a lot of these times guys good i want you guys to fucking have confidence in yourself training is a lot about confidence as well as technical skills okay guys because sometimes you're too fucking over confident so so i got guys are way too low of a comment today was way over confident i got my ass kicked uh the other day i was way too you know timid and i didn't capitalize as much as i should have so somewhere in between is a fucking fine line between too arrogant and too too kind of like scared insecure okay well because about about the they're both so detrimental overconfidence is going to make you oversize and trade everything and not obey risk management and under confidence you're going to be gun shy or just a general wuss and guys scared money does not make money it's it's almost as bad as overconfidence overconfidence can blow you up though underconfidence you're just going to tread water for fucking 10 years until you figure it out but both of them are just not going to make you money man and you got to get both of them on you got to curve both uh let's hear some good questions i want to ask you a good question please uh you can do because you know the questions show who's learning who knows versus who's just fucking kind of like asking just to get attention okay guys we're not here to if you want attention dude i can take your strip i'm mech i'm mech i'm just gonna answer this really quick so i can you know i want you guys to ask real questions and they will answer them correctly yeah because you know i i'm hearing all these questions that i just like come on and guys uh let me let me just put my big ass loss today guys i'm being a real motherfucker right i'm being very real right now and i'm taking the time out of my trading which i you know to be honest i care about you guys more than my fucking giant ass loss well not only that you're when you take a loss like that your headspace is so fuck the last thing you want to do is educate the balance here educating man that's huge um yeah last thing you want to do is actually talk about it right it's like yeah are you planning on trading bb cost gme etc tomorrow since they're now the head of the snake i am not what did i just say zander i'm sorry man i love you actually i like zander zander is a good kid what did i just say fucking avoid these stocks with the fuck zander if if if i'm avoiding them and bals telling you to avoid them dude don't trade them like i'm literally taking the week off on small cap i'm in big caps only this week i made a fucking huge mistake by being overly confident didn't expect these things or run to the fucking moon because i mean dude one of the chances right but you know what in trading shit happens it happens all the time uh what blacks wands i see blacks wands every single day in the markets man people talk about blacks one of it's like blacks wands i'm living my fucking else right now right so um do not trade these do not fucking touch these i the reason i'm sharing my giant ass loss is because i'm even telling you like fuck man i mean i'm getting killed on these stocks okay so what chance do you guys got except pure blind luck right i'm not the best trade in the world but fuck man i haven't had a giant loss of this in like fucking forever right yeah no it makes sense about it totally makes sense i had a max loss set on my fucking account but i just held on to the fucking loser and i just i really just want to put a nail in this coffin right here where iMac was saying about low hairs guys unless a stock is gapping up over you know yesterday's highs it's a low hanger guys if it has overhead from day one it's a low hanger if you hangers just guys that's very simple the continuation short a day two it's a day two it's a continuing day short doesn't day two could be a continuation long AMC has been a continuation long for five straight days right correct so low hanging fruit basically was basically a concept where we created which basically it's a continuation plan so it's like instead of a gapper that goes up it's like a it's like a gapper that goes down correct so if a stock starts breaking down the previous day the next day it should continue to break down if a stock so basically we want to so basically it's an anti-gap up created or if the gap up completely fails like oeg did today right like it gaps up a little and then just gets smoked pre-market from its pre-market high i have this kind of rule guys if i fucking lose big i take the day off the next day i don't go fucks about fucking coming back and try to nail it because you know what man that's not kick my ass the bully kick my ass what the fuck chest i got coming back now i have PTSD you know it's not i can make back my money like on a normal place so i mean i made my money every fuck i'm not joking man every fucking single day on the normal stocks these are not normal stocks these are deviations these are just one off fucking weird ass shit that i can't fucking predict i made a huge mistake of i made a fucking huge ass mistake of fucking trying to fuck around with these stocks and i got killed so yeah and these and these are the days guys where it's really beneficial to have a tap partner because alex and myself would literally tell bow on a day like this like dude drive to vegas tonight and go have a fun time tomorrow like don't show up my god i have i'm telling you man i had a max lady lost but i fucking held on because i'm like okay this should come down next you know fucking parabolic up on cost so cost was my biggest ass loser it was a fucking i don't even have that many shares man i had like 2,500 shares in each account but so i'm thinking 2,500 bucks okay i mean how many points can i go up the fuck is shot up like 14 points well that that's the crazy part that i was saying about earlier is man when you have this kind of unexpected range and it comes out of nowhere dude small size can either make or break that day huge right like 2,500 is nothing if this stays in the range that it did in the pre in the morning but dude who could have anticipated this right like 2,500 shares is actually a lot when this like random parabolic price action occurs and you're on the wrong side it's crazy oh if i want to treat tomorrow i would be focused on low hanging fruits guys only only exclusive i could not touch the amc i did not touch the amc one time nothing hot nothing hot all the sympathies even fucking bb ran the fuck me over um the cost was the real damage i could not believe how much that motherfucker ran uh in low volume uh that's the problem man when when you train low volume shit cost is a stock that fuck man if i was a hedgehog i would do shit because you know i cost is worthless that cost makes headphones when the last time you bought a fucking cost dr drayhead phone i didn't even know they're made headphones are so worthless i do cost is the shit they think you have free of the airlines like that fuck is like you know you even blister your ear bro dude he's funny even on a day like this man that's just about your legend that's what it's like except dr drape beats is that the mill milly milly fuck cross brand that's how shit is all right this is vanilla ice dude but yeah man but but but the point is guys we're trying to show you guys how to stay safe man because we just don't want your headspace to get fucked up or ruin yourself in one day man and you know what man usually what happens when when you hit your max fucking pain is when the top hits and i cover all these at the fucking top bro oh man i know i hate days like that bro there's like $20,000 difference from like from basically just fucking like 15 days ago and that was right man you got 2,500 shares and you're in a hedge fund with a billion dollar budget look you can hold this man but you can't hold this when you're a day trader like a normal guy just like us just retail traders man how do you think these big hedge funds win all the time even when they don't win but dude we're just normal guys we're just normal guys trying to pay our rent every single day you make our food you know buy out buy car whatever like we're not running wall street like a lot of these guys are and they can hold this shit and keep adding you cannot do that you need to respect your max daily loss if you're a retail trader you have to be a retail trader don't try to be a hedge fund max daily max daily loss was not that big guys and that's the stupidity of my thought thinking it's like okay i'm gonna fucking hold this shit i'll be okay next you know man by the time you want to get out you cannot get out and now everything is fucking tanking man everything is tanking so machine gun kelly these are the his headphones dude i heard he dated summer rayon couldn't even get laid in three months yeah i don't want these headphones don't know who these motherfuckers are i'm not like what generation are you talking about all these influencers dude um yeah bb's coming down a little bit cost is coming down a little bit i'm curious if like again guys just because you think they're going down doesn't mean like gme like doesn't go to frickin 400 you know what i mean like on a day like today just pump the brakes don't try to make it back man it's very dangerous that was your tab partner i'm even talking to you buddy as well because sometimes when we when we get our mindset gets fucked dude i've been there we got 30 minutes left in the day guys it's not the time to get short it's not the time to get aggressive short just be careful talking to everybody i try to keep everybody safe guys telling guys you're not sure mc you're not treating mc the mistake was fucked it sympathies ran more than a mc that's that's unbelievable dude that's that's i i don't know if we've ever seen that in in my entire trading career so serrano this is your first webinar awesome man yeah we do this every bro we do this every single wednesday man hopefully you know um different topics you know much better topics of us winning and actually trading line by line and doing the damn thing but look man we're gonna give it to you real and raw if we have a bad day we're gonna discuss and educate you guys so you don't have these days or you mitigate them as best you can now let's go to one of those v at t rooms those are badass i love those v at those cafe shops or the that's not t yeah that's not t oh man i love those the only thing t is too bad mic tran yo mic tran knows what's up he's tapped in dude oh man that's funny sees her what's up buddy first webinar awesome man i hope you guys like this man we're as educators man we are trying to pinpoint the best topic every single day to make sure um the majority of you guys get a really better understanding of how you can implement it in your own trading do you guys have any closing questions man i mean we still got a little bit of time left you guys have any questions for us if a stock is going up and it's deviated from the walk but there is no news and it's being pumped by chat rooms is it's still a candidate for a first bounce now since you're the first bounce master what do you think about that uh say that again i'm so sorry if a stock is going up and it's deviated from the walk pretty heavily but there's no news and it's also a pump is this still a candidate for a first bounce why it's all depends on the these are very difficult to answer because how far deviated um like it's very difficult to answer without specifics because you know what man how close is the stock to be walk i like a scenario where the stock is very deviated to the point where you know like i basically do this guys put yourself in a position of a short if you're trying to long a stock put yourself in a short and you're like what will i do about shorting would i be covering here would i be nervous i want to go along where the shorts are nervous so the answer to that question how far is it deviate ask yourself is it deviate to the point where if i was a short i'm shitting myself i'm trying to fight for every cover so when i used to long and do the first bounce many years ago before i just kind of you know phased out of it because i love shorting so much the one exception i would say that on a general scale is if it had so much volume i mean so much volume that i didn't care that it didn't have news or that the pump the the pumper that was you know quote-unquote pumping it lost all his horsepower because now there's just general organic volume in it maybe i would but again like bowser said you still have to take everything into consideration if you're just talking about a normal first bounce on something with no news and it's a pump if there's not much volume i would never long those back in the day i just don't like because again guys use the things of m ic process that are going to help you get a better long as tom diesel just said is the stock easy to borrow is it hard to borrow is there ssr like like what other factors are in like what's the volume there's a lot it's not so general that oh it doesn't have news and it's being pumped it's just automatically not a long that's not exactly true but if we knew these like bowser said we would be a billionaire literally you have to put the best odds in your case and not always just generalize that simplistic because then you're going to trade that way if you ask a question like that you're just going to generally trade oh okay this has no news and this is this so i'm always going to long those you don't necessarily there's so much to take into consideration um let's see volume flow etc yep a lot of elements do you think the mean bubble will burst soon with fidelity adding investing for the younger generation it is making for skeptical toward the market sentiment which i read today to be short biased i do not think this means you really should that doesn't fucking matter personally i think it's more of a movement than just right over you guys are you you're reading fucking articles that are written by fucking guys that do not trade and don't know what the fuck they're doing they wrote these articles a week ago it's not current you you are basically sheep if you're if you're taking advice from any article um it's the same shit guys when i mean like dodge coin ran and people think oh man dodge coins in the moon they didn't fucking text and no one talks about it guys these are one-off shit in my pain do not fucking trade these if you trade these or these are pure lottery ticket plays these are just like the alt coins and dodge coins and they yes they went up to the moon i mean of course i've never said this could never go to 100 bucks i see a lot of people there's no way it'll go 100 bucks those are the people that fucking lose their ass okay um i'm like holy shit i don't know where the hell they're gonna go i'm just gonna trade them line to line i'm gonna put them at risk management the problem i got was to be honest man i didn't fucking see the parabolic i was not paying attention i was green i was doing great i fucking the webinar was on it's fucking enjoying making jokes then i turn around next you know what the fuck just happened uh so the the story the moral story is guys you have to be focused when you train this shit okay i i i i took it for granted i was joking around i wasn't fucking looking i'm eating lunch and the next you know i'm holding 5 000 shares of cost and i'm like what the fuck just happened to me right yes seriously man one of those days where you take a shit and you come back you're like what should i just do focus focus fucking focus okay uh this is nothing new people see this shit and go wow wow dudes there are shippers that ran drives ran to a hundred dollars fucking yon meat ran to fucking forever two array runs like 350 bucks where the hell it ran to right guys this happens a lot there's it's just fun to look at there's other stocks besides these meme stocks they're fun to look at but can the ones making money are the lottery guys the ones that are getting killed are the smart money unfortunately our room is smart money and we don't fucking make money off this but it's completely fine there's a flip sign 90% of the people don't lose all their fucking money on this shit camper stands going clean up yeah yeah i the only thing i would add to that now is dude whether the meme culture stays here for the next 20 years or they dissipate tomorrow there's ways to make money and stay safe on whether you know they go left or they go right like it doesn't matter so just bring out your popcorn get entertained but do the smart money moves for what you actually have an edge in in process right um let's see george costa i have to say that you guys should take advantage of the fact that um at m ic you actually get to answer your questions dm the moderators don't be afraid we're uh we're here to take advantage of their experience not long ago tosh told me to get your life together before risking your money in the markets best advice i ever oh do that's awesome best advice i ever gotten and could have blown up with a wrong mindset if uh if it wasn't for the advice thanks to do george that means a lot man i try to do the best profile picture at m ic right there um but what i mean by that man is we're gonna give it to you real man i've gotten on the phone with members and i've literally told them dude you need to hang up real money for a month get your fucking life right get your mindset right you don't necessarily have to stop watching videos and learning that's not what i'm talking about but sometimes when you have to pump the brakes on because your mind is not right i got this three day rule guys where it's fucking the third day they're not fucking ever ever ever ever go along these have gone to five days and beyond now right now any fucking longs that hold on to that shit man when it tanks in me never ever go back up yeah seriously we have to be very careful okay and you know what man as shitty of a fucking loss i took today tomorrow some of these might tank 50 percent you know who the fuck goes so the people ask all the time what i do what i do once i do i prepare i mean dude i've been preparing this shit for 20 years the one thing that i fucked up on is my mental mental mental and that's the only thing you fix you know um you notice like my aggregation level was very high that was a sign that i should not be fucking training these stocks uh now that i got completely out i took a giant ass loss but yeah i'm more calm i'm like hey you know it's not like i'm not gonna make this money back you know i fucking been here before uh it's just very very very stupid so this is i'm using this as an educational thing for you guys guys to show you guys that hey we all fuck up and you have to be careful the reasons notice the reasons i fucking said that i fucked up okay guys you see these guys on twitter they're talking about manipulation algos fuck that everything is a manipulation you think you don't manipulate but you get on the microphone when you're fucking sheep you are the biggest manipulator in the fucking world when you have a when you have a microphone talking about alerts right so notice what i i i told myself i told you guys why i lost i fucked up i underestimated these stocks i thought that they would die because amc died but then they turned out to be their own fucking stock of their own and they squeezed so you know that i'm fucking i'm looking at the real reason i lost and not just trying to pretend that my process is perfect all that my process is good when i follow my process i fucked up because you know what i signed up i was like today i'm gonna make a shit ton of money and whenever i come in today i i swear whenever i come into the day i think i'm gonna make a shit ton of money is the day that i lose a shit ton of money well and it's and pal it's back to the fundamentals all the fucking process guys yeah set your risk parameters today i forced it today i fucking forced it i got yelled out so many times today guys i posted to my charts you guys what i'm like dude these things fucking just started tanking when apc tanked and so like dude i i i was trying to do the same thing over and over and then what happens the album was outsmarting me man you know if fucking said fuck this shit we're at dba from amc and guys the minute you find yourself super hyped up on emotions getting excited you're that dog chasing the mailman that's when you're in trouble in your trading remember when you're unemotional real good trading and expected money is boring it's boring when you get hopped up on these emotions you're in dangerous waters man it's just true so keep it as simple as possible if you feel yourself on the edge of your fucking seat maybe you don't trade that day it's so hard to accept though that is such a hard one to accept man let's see uh any closing questions guys any closing questions get like five more minutes here yeah man we're gonna try to be as real as we can with you guys even on days like this man it's not all it's not always pretty some days the best trade the best trade guys is to no trade sometimes i talked about this all the time today was not the day to fucking fuck around uh they trapped a big time so i'm gonna take a look at this look at express man holy shit dude i mean dude i covered this shit what's it what's the ticker about expr oh that's right let's see look at this shit i took i bailed out thank god as for us i thought i lost like a thousand bucks this is a small loss today a thousand bucks for the other shit fuckers trading it's i mean sometimes say when i pay attention like this the problem is express was very liquid take a look at the volume 73 million cost is 17 million amc is 700 million uh the volume volume volume liquidity is very important um yep i just fucked up i oversized shit that should not be oversized they're freaking devil stocks 666 jeez yeah man they're all fucking running man this is fucking crazy express express is those those stores that sell those fucking ugly ass clothes dude those uh metrosexual really skinny like shirts and stuff i don't i can't fit anything i don't know how these guys even fit in their underwear i can't even get one thigh in there i was like i can't even get my foot in one of their sandals man that's funny bro i'm wearing they're wearing their entire fucking pants on one leg i need my two pairs of pants to fucking wear that's where dude this is good man when we vent it out when we talk about it some days it does make you feel better and like you were all man i came in today very focused on low hangers i would have fucking killed it just stuck to the low hangers um i i stuck my so this is the sign man you you break the fucking rule and you get away with it so i broke the rule i got away with that broke a rule i got away with that was making money breaking rule all day long shorting fucking front side making money all day long breaking the rule i'm like hey i think i got this shit figured out boom that's what happens guys do not fucking break a rule get away with it because you know what man when i keep telling you guys man when you break a rule and you win you you will win the minimum when you break a rule and lose you often will lose the maximum that's exactly what happened today well you know man some days we just need a day to reassess talk about it vent it out you've all been a tab partner for Val in this webinar man it's good to talk i need money back i need money back lifetime half price guys go ahead seriously today only today only i need to send your money send your money directly to cobra about now except bitcoin yeah everybody that ate vows logo you need to send it right back that's a funny man fuck hey it's tax deductible yeah seriously that price lifetime that's hysterical make payment out directly to cobra trading my account number is one two three four five here's Val's crypto wallet address yep you want me to trade for you you keep 10 percent i'm gonna i'm gonna have to start scamming people Val's gonna be in your dm's like hey you want to make 15 percent on 30 thousand this is the real bow look at who i follow m i c follows me that's how you know i'm the real bow i'm trying to do it so desperate to do the market's about to close i'm so desperate to start trading forex like those automated forex things oh my god seriously dude that you're in exactly dude that's so fun wow i do it in a matter of basically 20 minutes i i was down 5 000 to jesus i don't want to fucking look anymore it was just crazy all right so like we'll hold off on buying a new wrist today then i guess oh jeez you know what man the the best cure for this and i don't say this like i'm not saying this is like a webinar edgy i'm just saying this is like a friend to a friend bow dude get get your foe go get a fucking foot rub dude watch a good movie and that's the best you can do man just detach as most you can buddy when the market closes i can't afford bull a foe right now i would have to have i have to be fucking ask fucking my sugar mamas and shit for for cash out money oh dude when bow turns into sugar mamas you know it's bad oh that's so funny dude only fans dude bow is officially creating an only fans today and it's called modern i'm sure you can understand the rest modern hard rock only bows dude it's crazy man that was that was okay until i don't know what the fuck happened bro you're literally gonna forget about in three hours bro i swear to god go get a couple corn dogs put on a good movie get one of your sugar mama's to love you so these are the two stocks cost was the main one that fuck it i i'm like hello fuck i didn't win five thousand shares with shit um so cost and vb parabolic the same fucking time take a look at that shit those two were trading off of amc damages for some reason vb so the fuck the part was this guy's once it broke high a day always fucking covered always fucking covered no fucking wait the problem is when you wait the sucker never been fucking dropped bro it broke 32 it's not broke 32 that's when i show up stopped out that's why hard stuff is very important take a look at cost 32 it's fucking spiked to 44 there was no chance if you did not have a hard stop you it's getting the fuck over you're done dude that's such a parabolic move it's insane man so hard stop hard stop hard stop guys it's fucking uh this is a whole webinar about how important max daily loss and hard stops are truly yeah i probably learned more today than if i had wanted something man so guys any closing comments questions you got anything for us this is a good webinar man it was the webinar that we don't want to give but the webinar that's needed to hear right like the last thing bell wants to talk about is a big loss but hopefully if you guys learn something from this you can implement it in your own trading i haven't had this in Jesus it's been a while dudes but you've had a really really solid run for a long time and i haven't seen you break rules down a long time dude seriously man and that's what happens i'm telling you man that what happens is yeah you you have to stay focused all it takes is one one fucking deviation from your process you get fucking killed and that is the scary thing about trading guys if if you do break rules it really one day can really set you back a long time whether it's mentally or actually in capital and you know thank god with bow's experience of 20 years you know this won't affect him too long i've known i've known bow as a trader and a dear friend for a very long time but but it does sting it stings today it'll sting tomorrow but you get back on process and if he does trade tomorrow it's only low hangers there's no there's nothing else you don't he's not going to trade anything hot chick you don't do that you get back to the basics what works get back to green get back to confidence yeah man today's fucking ugly yeah man oh i was like i have to be honest man i i was fucking not paying attention that's totally my fault man i turned around a fucking pair of off nothing i can say this this is a very rare thing but it happens man take a look at amc and take a look at you know imagine that you're fucking short of thousand shares amc now you turn around you're fucked isn't that nuts about think about that think about someone that didn't cut their thousand shares short at 40 41 42 and they're risking pre-market eyes they turn around they take a shit and then it's set to 52 and they're like well i can't cut it at 52 because it's too much of a loss then they let it go to 72 and then they stop out dead highs and then they're like oh my god or they swing trade it and we get a gap of tomorrow of 100 i don't know you never know right here take a look here i'm going to put my chart on costs very scary stuff guys very scary stuff if you're not careful yes so you know is when i stop paying attention because i would not let i run this much without let's see oh wow but i never let you see it run this much you literally must have not looked looked at your computer what i usually do is this when it breaks up like so it's like 35 would have been all covered out at 34 when he dropped that down i didn't see it yeah i saw it too late i saw like a fucking i i saw whoa i saw like 36 if i'm fucking shit i'm like what the fuck happened yeah what's what's crazy about this bow is i can actually see in your chart what happened you literally turned away from the charts like you weren't focusing on the chart because there's no way you would have cut it there i see because all i did was i just looked at amc i i looked at it i was on the webinar and i didn't fucking pay attention you know it's like because i'm shorting that shit and then i'm shorting exactly why i should be shorting which is the outer lines right that worked all day the problem is once it broke 33 i needed to get the fuck out but i didn't see that because i was too paid attention like in a matter of five minutes it just fucking went nuts and i'm holding 5000 shares this shit it's like Jesus Christ i'm a fucking dumbass well and guys this is the lesson for you when you have a hard stop right here your 2500 to 5000 shares is not crippling but if you look away like bow said he did and that was the mistake he admitted to the the the kind the range that was was evolved out of this is detrimental even with size like that if you're not careful so guys use this as a lesson bow's bow's really trying to educate you right now on this this was this is a really fucking good lesson for you guys say man yeah because you never know man never i just i never thought this would go this much same thing with bb but that is a dude not as a sympathy play that's that's just take a look at this one this one wasn't that bad of a loss this one's a manageable loss but but that cost won't hurt this bb bb one it went up like that you see notice when it goes up i'm fucking covering so it's not that bad it gave me time it moved a dollar in like an hour right cost ten dollars in like 15 minutes no dude cost you you turn away and you're down 10 grand like that's insane this one it gave you some more time and the thing we're costing if you're long up here fuck man when it goes down you're losing half the money in your heartbeat as well it's true so i was making money all this place man take a look i'm covering nice and they should know that it broke out and i'm fucking what the fuck has happened right yeah that's what problem is man yeah this is normal process this is bow every day making money right here yeah the the one thing though i did not do is i did not pre-plan losing i didn't plan on losing well sometimes we don't that's that's sometimes you know bites us in the ass i didn't have a fucking plan for when this shit parabolic so you know i would not fucking not have a plan anyone i that's so when you when you fucking lose guys don't fucking just cry i'm gonna take a look at why you fucking lost and make a plan plan of action so that won't happen again well because because the crazy part about i know you use one minute chart so on a three minute this is like nothing right this is like literally guys look at this a three minute this is a one dude this is the difference of you taking a crap and making tea literally so take a look at what the bb pulled my bb chart here i suppose that i shorter where i shouldn't be short which is the high day hour line the problem is when 1450 broke and when 15 hit i should be covering out right and i fucking didn't i didn't think it's good because all day long it just moved really slowly and next you know fuck it ran for 15 and 16 75 and like the heartbeat so so but that that was like so basically when you trade these stocks is another advice guys take a look at the way it moves the range i keep talking about rage all the time possibly like jesus man it moved 14 fucking points in like 15 minutes i mean that's just insane so there's no reason to be in any sort of size on that or just avoid that or put a hard stop my promise i was size too big before i cannot put a hard stop how the fuck are you put a hard stop of 5000 shares and that was just me being stupid right that was me not being able to manage my own position size so when you're too big when you are too big and you are the reason why this shit eases because i'm fucking chasing this shit up and i can't fucking fill and so i am basically the now the bid i might keep talking about in order for a shit to squeeze you need to have short sellers short sellers are the natural bidders i was stuck i was fucking the guy moving the stock of myself right yeah man dude this was such a good webinar such good lessons for you guys say man i um yes yes cost i was fucking lazy did not check the flow you are actually right adab you know adab is a it's an Asian Vietnamese game well bowdo you have do you have any do you have any closing comments or dba for the process you're fucking kicking the fucking balls yeah i check the flow of cost when i saw i i saw cost as a bearish float size gone i was lazy man to be honest i'm fucking lazy and so i didn't fucking check the flow and by not checking the flow i'm like holy fuck what am i doing in that size okay two thousand two thousand dollar position on a fucking two million dollars two million flow right yeah so that that that is what it is bro it's uh i hear you man being being lazy because of too much previous success right well overconfidence and being gunshade like i said are very detrimental your trading guys and just in general as bow just said a third is just being careless or lazy i guess they can fall in the same category of turning away when you're in a trade or maybe being in too many on a hot day um you know when everything's kind of running or at least there's a lot of meme stuff i mean i mean again this is kind of unprecedented where we see you know the side chicks and the sympathies really like like start making moves when the when the head of the snake is is getting kind of cut and getting a little bit eliminated but again guys at the end of the day there's nothing that that overtakes hard stops you you you got to have hard bow just said literally himself straight from the words of his own mouth if he would have cut right here it would have been so much easier to handle right so guys put some fucking stops in use your hard stops use this as a lesson from us from bow from what we preach daily protect your accounts and you protect your trading career holy shit dude it's i just realized this market closed i had to close my think or swim because i was going to deafen you all with the freaking clothes i i know when they ring that bell everybody was like holy shit bow so what's your process tonight buddy just detach you know get a back rub get some freaking follow dude get some ramen do anything but obsess over the charts right are you texting your sugar mama i'm done guys guys use this as a lesson thank you for showing up bow thank you for for educating on a day like today where it's not easy the last thing you want to do is talk about charts talk about how you fucked up but you're here you're educating that's the most important thing and again guys i mean you have no idea how much m i c benefits you from 18 plus moderators myself bow alex has shown up seven days a week whether it's an after hours main trading chat if you have any questions three two one three four five eight five nine nine seven we're gonna help you out man we're truly here to educate and make sure that you learn from our mistakes from our victories especially from our losers just from everything in between so we'll do this again next week and again just go fund me account i need a ball of blood bro so whoever is good at creating go fund me accounts create one for bow and uh we'll get him back on track all right guys we'll see you next week man webcam you want a webcam session week oh now we're talking now love you bro catch you catch you later buddy see you man