 What's up everyone so today is Monday YouTube live recap day I Posted a video watch list for this video So if you don't know I post a free video watch list every single Monday on YouTube and I post it every other day for the members inside MIC So a couple things I want to talk about before we get started is our two year Anniversary is coming up for MIC. We are hosting a live trading event Right, so every year on MIC's birthday. We host a boot camp Unfortunately this year due to the pandemic. We are not allowed to host an event in person Last year we hosted an affiliate. We had hundreds of traders come in. It was fucking awesome, but this year we're going virtual So the way it's gonna work is the event is gonna start off with me building a watch list You guys are gonna watch me live as I build my watch list and I explain what I'm looking for and then You're gonna watch bow trade live in the morning And then after that we're bringing it on all of our moderators James, Tom, Faye, Austin, Bear, Joe to do presentations, right? So each moderator is very good at a specific thing, right? So for Faye, Faye is talking about how to become a consistently profitable trader Tom is talking about how to grow a small account. You know, James is talking about pre-market trading Bear is gonna be talking about all-day faders. So we're gonna have non-stop education from about 8 a.m. To about 4 p.m And not only that is we are gonna be doing giveaways during the presentations So we're gonna have little quizzes at the end of the presentations So if people answer those questions in they might win a free year of MIC They might win a jumpstart accelerator course. They might win some MIC swag So we're kind of making this a fully fully interactive event So the landing page is almost ready probably by tomorrow. It will be ready I will give you guys the information as always the events are free for annual and lifetime members Monthly members and non-members have to pay small ticket fee. We've been working on this event for about four or five months now So, yeah, that's it guys. I'll let you guys know more information As it kind of gets posted. So let's talk about trading today, right? So I Always say the same Things in these videos, right? And maybe you guys are sick of it But what I've learned is repetition is the best way to learn these things So the more that I say it the more that I repeat it eventually one of these days is gonna be ingrained in your head So again my process on Monday always starts a day before on Sunday Okay, so Mondays are very important days of the week Mondays are what sets the tone for the entire week if you have a winning day on Monday Your week is probably gonna be solid because your mindset is proper if you have a losing day on Monday You're gonna probably spend the entire week trying to make that money back and your mindset is screwed So for me, I know that Mondays are a very important day in the past I've traded very poorly on Mondays and I fixed that problem I fixed that problem by sizing down focusing on less and being more meticulous with my trading But this Monday was kind of a little bit different guys So let me explain what happened on Sunday, which was yesterday and let me explain what happened this morning So I have a friend a couple friends that are visiting from Vegas And they kind of want to be showing around they want to be like hanging out But you know because of this whole pandemic New York City is not really doing anything, right? There's nothing to really do so we went to the city We tried to grab some drinks we hung out and you know is whatever came back home relaxed For whatever reason I have no idea what the hell happened But I was not able to sleep last night I went to bed and nine or ten which is normal for me And no exaggeration for about eight hours straight. I was tossing and turning I couldn't believe it. I couldn't believe that I couldn't go to sleep It was the weirdest thing ever man And that threw me off because sleep from my process from my routine is extremely extremely important If I get like two or three hours of sleep I underperform I need to get at least six seven hours of sleep to be at my optimal And here I am tossing and turning for literally eight hours in my bed And after a certain point I was like, you know what? Fuck this man. I'm just gonna get my day started like I'm sick of it So I got my day started and I was kind of nervous right because I didn't sleep. I was grumpy. I didn't feel good. I just felt out of it, right? And believe it or not James texted me in the morning And he just kind of was someone to remind me and he said do the process is burned in your head All you have to do is follow it and you will be fine today So just that little positive Reinforcement remind me that yeah, you're right, bro. You're right. The process isn't burned in my head I know what I have to do now. Let's fucking do it So the day always starts off with looking at the low hanging fruit, right? I am always looking at the stocks that ran on Friday that tanked on Friday So the stocks that tanked on Friday are my top watches today for a bounce AB us was the main one, right? This was a stock that double topped on Friday paid it all day Today bounced to six dollars pre-market and start to slowly make its way lower I personally missed AB us Almost every single member at MIC nailed it except me But that's the whole point right guys. I put all these plans on the watchlist and I cherry pick which ones I like the most Sometimes I get my fills. Sometimes I don't but it's nice to see that everyone nailed AB us My focus today Was actually on two day one stocks, right? SCKT was one of them. So let's start there SCKT if you look at the pre-market chart early in the morning, you can see that four dollars topped out, right? So usually I am not interested in these stocks on the way up For me as a short seller. I am waiting for the stocks to top out Go down and then my entry comes from the bounce, right? Most of these stocks don't ever just go straight down forever They go down and they bounce and then they continue to make their way lower My entry comes on the bounce right because then I could risk the high of the day level Without that you're just looking for a top and that's basically suicide So on this stock today when it topped out of four dollars pre-market It kind of washed out and then at 9 p.m. Believe it or not. Here comes a chat room pumper This pumper is pumping it up four dollars buy it at four It's going to go to 450 and then they sell at 401 All right So you have these pumpers taking massive size buy an f4 telling everyone it's going to go to 450 And at 401 402 they're selling and all of a sudden you're down on the stock So as soon as I saw action like that, I was like, yo, here we go again Here's another perfect entry that's going to come my way So in the morning, I was not interested in this stock Until the four dollar mark topped out, right? After the four dollar mark topped out is when I took my entry I took my money and I ran Now why did I short a day one stock today? Why did I feel comfortable shorting that it's because when I was looking at the chart When I was watching the trade I saw a lot of hidden sellers at four dollars the way to spot a hidden seller is if they're showing 200 300 400 shares and The level two is going green green green green green green green green Try to push push push buy order buy order buy order and the stock is not moving This means that someone is showing 500 shares But in reality, they're trying to sell 10 20 30 000 shares in it So when I saw all of that in the morning Coupled with the fact that this stock was being pumped So remember when a stock is being pumped, there's a lot of volume coming into it And essentially you should continue to go higher until the pump ends But when this stock was being pumped for whatever reason there was a seller at four dollars that was not allowing it to move When this happens that creates resistance That creates bag holders And that creates a good entry for short sellers So I kept this simple, right? I kept this simple. I waited for the stock to double top, right? Waited for the stock to double top and then I traded it And if you looked at that chart, believe it or not, I think it's stuffed VWAP two or three times So not only was the stock heavy and had resistance the stock rejected VWAP multiple multiple times Now here was my problem on that stock If I remember correctly It was trading 60 million shares at that point within the first hour of the morning. It was trading 60 million shares Anytime a stock trades abnormal volume like that. It has abnormal price action So for me when I saw that abnormal volume, I said, you know what? I'm not going to continue to trade this every time it bounces because eventually One of these bounces is going to go further than I want and I'm going to be stuck I would rather miss out on it and just Play the odds and just be safe rather than trying to gamble and trying to continue to squeeze Two three four five hundred dollars, right? Because if you try to squeeze out that extra money and going back to the well over and over and over again Eventually you're going to fall into the well and you're going to lose more than that $500 you're trying to make So that was that stock. I noticed the abnormal volume. I was wrong, right? The stock continued to tank Stock continued to tank now. Why did the stock continue to tank? There was another ticker in play. What was that w ticker again guys? I forgot already, but I mentioned this in last week's youtube live And the way that the market has been working lately is that there's usually a hot chick of the day Right and that hot chick of the day is getting All of the attention it's getting all the volume right and that was the That was the stock earlier This w h l m was the other stock of the day This w h l m was also a chat room pump So What I am trying to do these days what I'm actually trying to do is improve my long game Because I am leaving so much money on the table by being a short What I've recognized about this market and maybe this is a little bit of secret Is that longs are working very well pre market and shorts are working very well at the open until zombie time So what I saw w h l m about to reclaim vwap. I took a very small long on it pre market I didn't alert it. I didn't pump it. I showed my trade after it was filled So that's also something else we do at myc. We don't pump. We don't alert. We don't send you emails text messages We show you our trades after they are executed. So I sent to myself ship If this stock is going to reclaim vwap my max risk is probably 20 cents And my max upside is probably a dollar. So I'm risking 20 cents to make a dollar trade made sense. I took it So Actively I am trying to improve my trading. So actively now I am trying to go long pre market very small size Maybe a tenth of what I normally trade just to get comfortable And then w h l m at the open was a double top. I think around 10 dollars I think I shorted 970 or 980. I forget I posted my chart for the members in the room But basically I waited for the double top at the open. So shorted a long pre market At the open waited for a signal aka a double top to give me confirmation to short So I shorted it covered it made my money now next what I want to talk about which was what I was mentioning earlier Usually these day one stocks If they're not hot enough If they don't continue to go higher These robin hood people these uneducated people start gambling They pull that money out of the day one hot chick and they put it into w h l m The reason why they do that is because damn the first stock didn't work time to put it into the second one And then you couple that with a chat room pumper pumping this up himself to the moon You get an astronomical move from like fucking 8 to 12 or 8 to 13 or whatever it's trading at right now So it always goes back to the same thing guys It always goes back to the same thing I am trying to trade with the least amount of stress possible Okay My trading alex is trading alex trades optimal when he is the least amount of stress in the real world If I am stressed in the real world if I am stressed in real life My trading suffers So why would I want to put extra stress on myself? Every single day to just try to squeeze out an extra two three hundred dollars Sckt was a great opportunity, but nine times out of ten Nine times out of ten when a stock like sckt trades 60 million shares the first hour Nine times out of ten is zombie moves. This is the one time that it didn't zombie move So what does that mean that means that traders next time when they see a high volume stock they're gonna say Oh sckt didn't uh bounce. So fuck it. I'm going to short this and hold it all day And then that's the one that you lose on so nine times out of ten Nine times out of ten these stocks will zombie the one time out of ten that they don't That's when the shit goes crazy. So every single day guys every single day I am trading and trying to cut myself off at 10 30 I don't know if you guys have actually the part two of the podcast is not released yet But in part two of the podcast bow was talking about how he makes money every single day until 10 30 Every single day the guy makes money until 10 30 and then after 10 30 is when he loses money, right? After 10 30 is when he loses money So because of that because I've realized that Instead of sticking around all day. I've traded until 10 30 and I walk away man So this is these are the lessons guys that you have to learn Bow and I learned these lessons the hard way losses. We learned that after 10 30 past zombie times when the volume shrinks when the volume is illiquid When most of the retail traders have disappeared the algos come in The algos could easily easily Manipulate these stocks when the volume is low guys when the volume is low So if we recognize this this gives us an edge That's why every day I trade until zombie times and I cut it off I walk I exercise I answer pms. I do anything and everything. I even clean my house I do anything and everything to get me away from the market because after 10 30, you know what happens I go from being a professional day trader to a fucking dumb ass gambler At 10 30 I turn into a gambler I gamble away my hard-earned gains because I'm bored or I'm greedy So to be able to control myself. I have an addiction. I am addicted to this game I'm addicted to making money. I am addicted to doing this shit I've realized that the only way to cure my addiction based on my personality is to close and walk away If I do not walk away, I turn into a gambler If I walk away, I'm fucking rich So do you see the mindset guys? Do you see the mindset? Traders have fucked up mindset. I made $4,000 today and I said why is it not $10,000? I would have gone and gambled away I would have gone and probably walked away with $1,000 a day or minus $1,000 a day and now Instead I think to myself I walked away with a $4,000 win if I make $4,000 a day. That's a million dollars a year Hey, I'm about to make a million dollars a year working one hour a day And then it clicks when you are from the screens I don't know what it is. I have no idea how to explain it as traders We know when you are in front of the screens You change you turn into a different person It's like whatever logic you had in your head disappears This is why we say that every trade must be pre-planned Before you enter a trade it must be pre-planned because if not If not while you are trading your brain isn't working properly Right? So because we realize this because we recognize this this helps us improve in the future I know that when I am Not in a trade that I am rational. I am logical. I'm thinking right. I'm making sense As soon as I'm in front of the computer as soon as I'm fucking trading You know what happens nothing fucking makes sense to me It's like a black hole in my fucking head and sometimes on my own worst enemy So based on your personality based on the type of person that you are you have to find which process works for you Now bow and I trade very similar We trade very very similar But we have if you look at our charts, you could see our different personalities from the charts Bow's personality is he likes to take every little piece bow takes every little piece He's a super scalper right for me personally. I wait for these inflection points I wait for the points that make the most sense One entry one exit sometimes I scale most of the time I scale but the point that I'm trying to make is that I'm not trading with 50 arrows on my charts, right because that's not my personality Bow is more of a control freak. He likes having his hands and everything So he feels most comfortable when he's trading five or six stocks at the same time bow is a human algo for me I am not that good. I don't have the mental bandwidth. I don't have the mental capacity I have so much shit on my mind I just want to trade make my money and get the hell out of there as fast as possible Because if I sit in front of the computer If I sit at the table for any longer than I need to Chances are the house is going to win So as soon as I make my money, I run the fuck away And that's what helps me based on my personality because I am addicted to it. I love it So Ask yourself Why are you struggling in the market guys? What is your problem? Is it that you lack a process? Is it that you are over sizing? Is it that you are buying breakouts and shorting weakness? What are you doing wrong, right? And this is why mic helps We figure out what you are doing wrong and we mentor you and we help you to make sure that you can improve your trading process Mondays were my worst performing days for six months And now all of a sudden they're my best performing days because I realized I had a mistake And I created a process a routine to fix it And I was disciplined enough to follow that routine and that process that I laid for myself You could tell yourself that you're not going to short pre-market. You could tell yourself that you're not going to You're not going to Follow anyone's alerts. You could say all this stuff But until you actually follow it Then it doesn't really matter. I could it's like that what I always say this We could give you the best strategy in the world We are giving you the best strategy in the world But 90 percent of traders are not disciplined enough to follow the process I didn't sleep at all today. I didn't sleep at all. I am grumpy. All I want to do is sleep I want to eat some food and I want to sleep But it just shows that the process is so robotic in my head That even when I am Tired even when I am hungry Even when I am grumpy if I just stick to the same Stupid ass process that we teach every single day Low and behold. I made four thousand dollars. Imagine if I got more sleep Imagine if I wasn't hungry imagine if I wasn't grumpy I probably would have made more money But the fact that I'm able to do this Even when I am not at my optimal mental power right now Is a testament to how important the process is guys There are a lot of people entering the market these days And you know what the truth is The stock market is a game where the educated people take money from the uneducated For me to make four thousand dollars today I had to take four thousand dollars from an uneducated trader And you know what it doesn't really bother me because there's so many resources out there to learn and these traders are just gambling guys So ask yourself if you lost more than two hundred dollars today trading What is the reason? Are you following people? Are you uneducated? Do you really not know what you're doing? Are you treating this as a hobby? Are you gambling? We are professional traders at M.I.C. professional. We are professional athletes every single day trying to improve I am hoping and I am praying that everyone stays uneducated so that I could continue to make money off the uneducated people But we are in an industry and we are in a world Where if M.I.C. is two hundred dollars a month People opt in for the fifty dollar hundred dollar a month fake gurus Because they think oh i'm going to save an extra hundred dollars a month and that's going to go towards my xyz I don't know about you guys But if I have the ability to learn From michael jordan and lebron james i'm going to learn from them Rather than trying to figure it out myself I want a shortcut to success I don't want to fucking waste my time three four five years figuring out how to trade I want to find someone that knows how to trade and is a seven figure trader that actually cares about helping people And that's who I want to learn from bow made one point four million dollars in one day He's the michael jordan of trading. I want to learn from fucking him. I don't want to learn from anyone else That's the point guys if you want to learn Do it yourself learn how to be educated from the people that actually care Okay You don't have to believe us All you have to do is look at our testimonials and think about it. I'm trading one hour a day guys I'm trading from nine thirty to ten thirty. I made four thousand dollars if I really wanted I have plenty of time to do a second job My second job obviously is helping members. My second job is m.i.c My second job is trying to do whatever I can to make your lives easier But shit if I didn't have m.i.c. I could have easily had time for another job It's 11 a.m. New jersey time right now. I could easily have a second job The point is guys you don't need to be at the desk all day The point is that you don't have to be trading from 4 a.m. To 4 p.m I make the most amount of money with the least amount of stress in the first hour of the day And you know what? I'm pretty happy I don't know about you guys, but if I'm making four thousand dollars a day Almost a million dollars a year working one hour a day. I would be a fool I would be stupid. I would be clueless to be even more greedy and want more Because after a certain point money does not buy you happiness does not buy you anything It's like a high score in a video game and it doesn't really matter and trust me I was the person that said fuck you I'd rather be crying in a lambo But what I realized is and bow has told me this too is Sometimes when you have too much money it kind of hurts yourself, but again, these are good problems to have I hope you guys have a problem where you have too much money the point that I'm trying to make guys is Every single day we show up Every single day we put in the work every single day you see me batting for singles every single day You see me doing these youtube lives every single day. You see me replying to members I am there putting in the work every single day and if someone like me is putting in the work You have no reason not to because don't forget you are trading against me I am on the other side of the trade and I am hoping that you are as uneducated as possible So I have an easier chance to take money Now if you want to be educated if you want to learn how to trade If you are Sick of these fucking bullshit pump and dumps You're sick of these gurus making 50 000 and then losing 100 000 and bragging that there's still up tons of money Guys these people aren't going to be around for much longer I have no problem trading making money enjoying my life There's no reason to be trading every single hour of every single day Guys I am doing it and I am really really really proud of my progress And the reason why is because I'm here every day. I show up every day I have a problem where I show up too much. I went I had a mental breakdown a month ago because I was working too much, right? Now I've realized that I am totally comfortable making my four thousand dollars day every day Spending time with friends spending time with family growing m i c because believe it or not Growing m i c is what brings me happiness and fulfillment in my life Bow and I before m i c started we were making so much money Yet there was a void in our system It was almost like we were on an island and no one else understood what the hell was going on I wanted to be surrounded with people that were smart and hard working, right? And if they didn't exist so we created m i c m i c fills a void in my heart guys I have all this money yet. I feel a little bit empty sometimes I feel like what is the point of all this money What like why am I even here right? Why am I even here all this money is great and then what? I get more fulfillment and more happiness From a regular monthly number that says because of this trade He was able to buy his daughter a new pair of shoes, right? Maybe it's not that much Sure, maybe a hundred-dollar pairs of shoes is not really anything to you But to be honest ma'am that little thing Is more valuable than making ten thousand dollars in a trade because bow and I It's almost selfish that it brings us happiness to give other people happiness, right? So again at the end of the day, we are here to help you guys If you don't want to be helped that's not a problem. No problem. Do whatever you want But for those that are serious Those that want help those that want to be educated and those that want to put in the work We have a home for you We have a home filled with 1500 members that are here to help that are responsive Where else do you have access to seven figure and multiple six-figure traders via dm? I'm always there and you could ask anyone in the room. I always always always reply to people This 2020 market this coven market is filled with get rich quick scheme people And you know what? All of those people you will lose your money as fast as possible At the end of the day guys, we are selling you education which is very boring But it'll make you rich If a doctor makes half a million dollars a year And he has 10 years of education And i'll make it a million dollars a year and I have six years of education Imagine where i'll be on year 10 guys. So it always goes back to the same thing Education is what will set you free Money from the stock market wealth from the stock market is transferred from the educated people I mean from the uneducated people to the educated people And that's basically it guys so If you have any questions feel free to DM me on instagram I'm the guy that replies to your comments on youtube So maybe you guys could comment with one lesson that you learned from the video And then we could take it from there. So I appreciate everyone here Thank you guys for watching Thank you guys for putting in the work I know that the people watching this video are the most motivated And you know what? I'm sure that all of you guys will be consistently profitable. Just continue to put in the work Remember it's not going to take a week. It's not going to take a month. But if you do this for three four five six months Trust me Trust me. You're going to find success So thanks guys, and I will see you in the room. I'm going to go answer some pms and then I'm going to try to take a nap because Fuck man. I've been awake fucking 30 hours now. It seems like That's it guys. And if you have any questions feel free to text tosh his numbers two one three four five eight five nine nine seven That's it. Thank you