 Alright guys, today is Monday, gonna do a recap today. If you see my beard is completely gone. I look like a different person. The reason why I got rid of my beard is because, as you guys know, we're in the midst of the coronavirus. We are in the middle of this quarantine and every single day in quarantine is like Groundhog's Day. Every single day we keep doing the same shit over and over and over again. And it gets so boring repeating the same stupid thing all day, every day. So I want to kind of shock my system and shock my body by doing something outrageous. So I got rid of my beard. If you guys know, my beard is like my thumb. I love it and I love the way it looks. I love everything about it. But I decided to just get rid of it to kind of just add some change into my life during this quarantine. Now when I look in the mirror, I don't recognize myself. Now when I'm walking around and people are seeing me, they don't even fucking recognize me. My little two year old cousin, doesn't even know who the hell I am anymore because she's only known me with a fucking beard. So it's been kind of weird and different to get rid of my beard. But these are kind of things that I'm doing to stay human during this quarantine. Everyone is losing their minds, everyone is going crazy, everyone is bored. So adding some contrast, adding some spice to everything is kind of keeping me sane. So let's talk about trading today, right? So I actually came in with the idea of talking about my trades on APOP and AMC. And I'm gonna do that. But before I went live, I got a PM from someone that said he joined about 20 days ago and he's deciding to quit because he's not making any progress in his trading. So there's a lot of things to unpack with that one message, right? So I wanna get through that first. Number one is what profession, what skill can you become a professional in or be good in in 20 days? If you want to make more than a doctor, if you want to make more than a lawyer, if you want to make more than an engineer, if you want to be in the top 10% of Americans, do you think it's gonna happen in 20 days? If it could happen in 20 days, there'd be fucking trillionaires everywhere, right? So that's the point, guys. The point that people don't understand is that just because you have not improved in 20 days does not mean that it's time to give up. Most people, when they join, they absorb videos for three months, for six months before they even start paper trading. So you're telling me that you joined, you watched videos for one week, you didn't even fucking paper trade and now you're getting into the point where you're gonna give up. Sure, give up, whatever. That's what most people do, right? Most people give up. But if you realize, and if you start to think differently and say, hey, I've been here for 20 days and I'm not making any progress, maybe I should be watching, rather than watching 30 minutes of videos a day, maybe I should be watching an hour of videos a day. Maybe I should be reaching out to the moderators for one-on-one phone calls. Maybe I should attend the webinars more often, but that's not the way people think. The way people think is, oh, I didn't make money in 20 days, I'm losing money, it's time to give up. Number one is you should not even be trading with a live account until you've been paper trading for at least a month, right? At least proving that you could do this, right? The members that make money, the members that find consistency fast, the members that find consistency in a month or two months are watching six hours of videos a day. They're watching 10 hours of videos a day. So that's kind of the place where people are the most confused on, right? They see someone like Fay who joined two months ago and is already making thousands of thousands of dollars a day. They forget the fact that she watched all the videos, she attended all the webinars, she put in the work, whereas you, if you're watching one video a day or slacking off and you are not seeing progress, maybe you are the issue, right? Maybe you are the issue. The point, the point of this rant, this point of this thing that's kind of bothering me is how can you expect to make more than the wealthiest people in the world by not putting in the work that they are putting, guys? To become a doctor, it takes you eight to 10 years of schoolwork. To become a lawyer, it takes you five to six years of schoolwork. To become an engineer, it takes you five to 10 years of schoolwork. So after 20 days of becoming a doctor, right? 20 days in class, they're gonna let you operate on a body. After 20 days of going to law school, they're gonna let you go into court and argue a case. After 20 days of being in engineering school, they're gonna let you build a bridge. Do you guys understand what's happening here? People want instant gratification. People want to show up and make money on day one. They don't understand that before you become good at anything, you must study and learn, right? Education, learn what you're doing first, right? We are not selling you a get rich quick product. We are not selling, we're actually selling you the hardest thing ever, which is hard work and education, right? If we did the same bullshit that all these other scammers did, sure, we would have more members, but we would also fucking ruin what we're going for, right? We don't want to become like anyone else. We are not a pump and dump voice alert, email alert, text message alert, get rich quick bullshit because that doesn't work. You lose money, right? So whenever I see people that come and cancel after a month, I'm just like, you know what? They're probably not gonna be successful on anything. That's just the truth. And it's a little bit harsh to say, but how can you expect to be good at anything in fucking one month? That's what I don't get. After 20 days of you not making money, maybe why don't you think I should be back paper training? Maybe I should take advantage and call Austin or call Tosh for an hour phone call. Maybe I should do this, maybe I should do that. No one got anywhere by quitting guys. No one got anywhere by giving up. And especially if you wanna get to the level, like knock on what I feel very blessed to be on the level that I am. I traded for one hour today and made $3,700, but people forget that I've been learning and studying and improving for six years now, right? If I told you that if you work your ass off for six years, you could make $500,000 to a million dollars. Everyone would say, fuck yeah, it's only six years. But when they actually go in and they actually do it, after 20 days, they're giving up, right? And that's the point guys. The point that I want you guys to understand is you could become wealthier than your wildest dreams if you do this properly. But you will not be able to get to this level if you are not studying and putting in the work. Remember, when you start trading the live market, you are trading against the professionals. You are trading against the algos. You are trading against the Goldman Sachs fund managers. You are trading against likes of me and Bao. So you are being thrown into the ocean filled with sharks when you are trading live guys. So think about that. When you are trading live, you are trading with the professionals, LeBron James, fucking Michael Jordan, all these people you are trading against. So it is actually in my best advantage that you study the less and you don't do the work. So smarter people who put in the work could take advantage of you, right? So realize that before you start trading live, before you put real capital on the line, you have to first practice. Before you ride a bike, you have to have your training wheels on. Before you operate on a body, you operate on a dead body, right? Before you go to a trial, you do a mock trial, you practice, right? That's the things that people don't understand. So the next time you are thinking about quitting after one month or two weeks or three weeks of watching one video a day, remember that the people that found consistency in a month or two put 10 times the amount of work that you are not seeing behind the scenes. People always think that me and Bao just woke up one day and we had an amazing edible strip and somehow some way we became these gods of trading. We just woke up, took something and we had this magic pill and that was it. What they failed to realize is it took us years and years of learning and losing money to get to where we are today, right? It took us lessons to lose money, to make the amount of money that we are making right now. One year, when I was one year into my trading, I was losing money. When I was two years into my trading, I was break even. It took me about three years to finally start making money because I didn't have a process. I didn't have a shortcut like you guys have with MIC. So I had to lose money to learn what not to do first. The point I'm trying to make guys is your success is a direct result of how much work you put in. Why do you think people like James, like Tom, like Harry, like Faye, like so many other people are consistently profitable and making money? I don't think it's because they're smarter than everyone. I just think it's because they work harder than everyone. That's the point guys. The point is that these people that you are not seeing the work they are putting in behind the scenes are the ones that are making the money, right? There's no way you could be successful in anything with only a month of studying, guys. And even if you study for one year, right? If you devote one full year to studying just straight education for one year, you are going to live the next 30 years however way you want because you're going to have understood the process. The problem is that everyone that wants to trade is scammed by these guys on YouTube that have cash in their hands and say I made $20,000 last week trading stocks and you can too. All you have to do is follow my forex signal. People are scammed. People have the wrong idea of what to do in the market. So when they join, they don't pay for trade. They watch one video and they say time to fucking go and play with the sharks. The sharks are laughing. The sharks are waiting. The sharks are hoping that you guys don't study because if you lose money, that shark is taking your money. So it is in their best advantage that you guys do not learn how to trade and you do all this stupid shit like email alerts and text message alerts and all that bullshit because someone's smarter, someone that has put in the works, someone that has learned is going to take advantage of you. Remember, you both said it today as well. If you wanna find, I just don't get it guys. I really just don't get it. I don't get how people think that they are going to swim in the stock market filled with sharks, filled with billionaires, filled with fucking trillion dollar companies by only studying and only learning for 20 fucking days. I don't understand guys. Those are the people that will not make it because they are quitters. If you expect to see instant results in a month or two months, this is not for you. I had to work my ass off for six years to make a million dollars a year trading, right? I now know that if I work another fucking six years, maybe that's gonna change to five or six million dollars a year. But I realized that the amount of work that I put in is directly related to how much success I have. The more work I put in, turns out the luckier I fucking get, right? The luckier I fucking get. So that's what I want to kind of start with today guys. And if you are not finding success at a different service, a different community or different something, then look around, right? The way that you could judge if there's a community or a chat room or a membership or mentorship or whatever you wanna do to see if they are the right fit is do not look at the teacher. Forget the guy in charge. Forget the pump and dump guy. Forget the guru. Look at if the members, if the students are making money because a chat room guru, a chat room pumper does not have a repeatable strategy that others could follow. The way that they make money is by you chasing their picks. If you do not chase their picks, they cannot make money. So you need to have a community where the students, the members are consistently making money because that will prove to you that the teacher is not pump and dumping. They are actually teaching you something that you could repeat. And we have a bunch of testimonials at myinvestingclub.com slash testimonials. We actually had someone that DM me on Twitter or Instagram. He's like, amen, I see all your testimonials, but I just can't believe it. It can't be real. I don't think it's real. I'm like, motherfuckers, do you think I have time to sit on my ass and fucking call someone to Photoshop fake testimonials from people? Number one, that's illegal. If you promote fake testimonials, that's illegal. And number two, I don't give a shit if you join because Bow and I are actually making more money trading than we are teaching. So anyway, let me get back to the stocks on the day. So let's talk about AMC first, right? So AMC is a movie theater company that is about to go bankrupt, I'm pretty sure. And they had news today that Amazon was looking to buy them out. Most of the time, news like this is fake news. They use news articles like this to pump the stock up for insiders to dump it, right? It is a way for them to kind of get saved from their shitty averages. So oftentimes these buyout rumors, especially with companies like Amazon, are bullshit. But whenever a company puts Amazon or Walmart in their PR, right? Whenever a company puts Amazon or Walmart in their PR, it becomes pumpable, right? News outlets can pick it up and it becomes pumpable. So normally, I don't trade stocks that have billion dollar companies in their PR. This is one of the rules that Tosh taught me, right? So again, as a community, we all come together, we all learn from each other. So this is a rule that Tosh has. He doesn't short companies, he doesn't short stocks with big companies in the PR. But what I did is I took it a step further. I said, all right, I know the news is bullshit, but it might be pumpable. Why don't I just wait for price action to tell me what's gonna happen and piggy bank the price action? This morning, we got a pop towards $7 or 750 or some shit like that, and we started to downtrend. So my plan was, okay, because we're downtrending, I want to short a pop on this towards seven. We never got a pop towards seven, the stock washed out to $5.85. We got a bounce towards VWAP around $6. So I shorted some at $6 and I covered out at 5.80. So I made about 30 cents a share on a stock with low stress because I basically stuck to the process and waited for it to tank. A little bit later, Chicago trader, aka Matt, who's our fundamental analysis guy, he mentioned that a PR came out that Amazon is denying that they're gonna buy out AMC. As soon as that PR came out, I shorted the stock because now what reason does the stock have to be up? What reason does the stock have to be up? If Amazon declines and says that this is not real or we're not gonna buy them out, the stock should technically go back to where it came from. So I shorted some at $5.50. As soon as that PR came out, that Chicago trader mentioned to the guys in the room, there was ample enough time to short that. Shorted, made another 30 cents in a couple of minutes. So now after two trades, I made 60 cents a share and I was done and the stock continued to go lower without me. So AMC was an example of them using a big billion dollar, trillion dollar company to pump the stock up for insiders to sell. And then they came out saying that the PR was fake and then boom, tanked. So that's an edge, right? That's an edge. Let's talk about APOP. What is APOP trading at right now, guys? So APOP is, let me see, let me see what APOP is trading at. So I can kind of mention it. APOP 4.3, okay, cool. So APOP, if you look at the daily chart on APOP, APOP is an A plus setup for me. So I'm gonna actually say this very silently and I hope that no one is really fucking paying attention, but I'm gonna give a secret tip because now we're 20 minutes into the video. Most people don't make it this far. So for those that made it this far, let me explain something. Look at the chart on APOP, look at the daily chart. If you look at the daily chart, you will notice that every single time that it pops on volume, it pulls back. The last five or six times that it ran on volume, it pulled back. To me, that's usually an A plus setup because chances are the probability tells us that the seventh time it pops, it's probably gonna fucking tank again. So I personally love to see these daily charts that cannot hold their gains because that tells me that shit, it's just gonna repeat the same thing over and over again. So that's something to look out for. Always look at the daily chart first and see what happens to the stock on a day that it has elevated volume. Does it have a day two move or does it tank on day one? If it tanks on day one, I know that once it comes to backside, it is not fucking coming back. The last two times that it ran, Val posted a chart and it went straight fucking down the last two times that it ran after backside was hit. So now I know that the last two times it ran, it tanked all day. I know that the daily chart shows that it tanks all day and now we have a stock that's under review app and breaking the line. So chances are that if it breaks, it's probably gonna tank all day. So that's my little secret for all those, all you guys that kind of made it this far in the video. So now let's talk and pretend like that didn't happen. So APOP was a trade that I was interested in for all those reasons. If you look at it in the morning, if you look at it in the morning, I basically waited for the stock to tank and I want to short the bounce. As the stock was bouncing towards $5, I mentioned to the guys in the room that I am looking to short the bounces on APOP. I don't know how much more clear I could make it because I put my plan in the watch list as well. But I was like, look, my plan is to short the pops on APOP after it takes. It tanked, chatroom bought it up to five bucks, shorted it and I got out around like $4.50 or something like that. Now let's talk about the support level, right? So there was a $4.30 support level. So if you want to buy your screens now, draw a line through $4.30. This is the line that would trigger something that we call the backside of the move, right? So usually what we want to see on a stock like APOP is we want to see a pop-up. We want to see a death candle, right? We want to see a death candle or a stuffed candle to tell us that the top is in and then we want to short a bounce. So on APOP, on APOP, you could very clearly see that $5.30 is the support level, right? This is not the death line, right? This is not the death line. This is just the last, this is the support, the major support that the stock has right now. Every time it tested 4.30 it bounced. Every time it tested 4.40, they soaked at 4.40. So we know that if $4.30 breaks, that's gonna be the point of no return on the stock. And before I started this recap, the stock was at $5. And through my recap right now, the stock is under $4.30. So what that tells me, what that tells me is if I want to short this stock, right? If I want to short this stock, now that it is under $4.30, now that it has confirmed, it makes for a low stress short trade, right? It makes for a low stress short trade. Most of the time what people do, and I am guilty of this as well, is that I short in anticipation of this break. I short at $4.50, I short at $4.60, I short at $4.70 because I am anticipating it. But if you just wait, right? If you just wait for that $4.30 line to break and attack after that, you will have the most low stress trade that is possible. Today on APOP was a chat room pumping up nonstop. Bye bye bye, so so so, bye bye bye, so so so. And they created a bunch of artificial volume, artificial liquidity. So when all that madness, when all that fake volume left, so did the stock price, it fucking plummeted. So again, these are the things that it took me and Bao years to learn, right? These are the small little nuances, right? These are the small little nuances that got me and Bao to create the strategies that we trained. And the reason why that $4.30 is not the death line is because it is not the last support on the chart, right? I think there was still support in the $4 mark or the $3.80 mark. So that's technically the death line, but $4.30 is the level where if it goes under all longs that bought at the open are now underwater creating resistance for us. Does that make sense? But do you guys have any questions? I went through a lot of stuff here. You love the clean shave, I kind of hate it. It makes me feel like a child. How old was I when I started trading? I was 19 years old. I am 25 years old now and I've been trading for six years. So imagine it took me six years to get to the place that I am. And I am very grateful and I'm very blessed to be here. And if you told someone else that they have to work six years to get here, I'm sure that they would want to do it too. The problem is that everyone is a talker. No one is a doer. Everyone just likes to talk out of their ass and they don't like to do the work. So for those that join MIC and do the work, they find success, right? Members like Faye, members like James, members like Tom started with nothing, right? These guys started with nothing but they realized that education came first. So they devoted weeks and months of education until they got to where they are. Did I ever want to throw in the towel? Every fucking day, every single day that I lose money trading, I want to fucking quit, right? Every single day, even if I fucking lose 20 bucks, I want to quit. But what I like to remind myself is adversity builds you, right? Adversity is what builds you. Do you think someone like Jeff Bezos never wanted to quit? Do you think someone like Bill Gates never wanted to quit? Do you think people like fucking the rock never wanted to quit? All these guys are faced with adversity every single day. Yet they push through that adversity, they grind, they hustle, they let their hard work show the world what they are gonna become. Every single day I get trolled, right? Every single day people call me a fraud. They say my fucking penis is two inches long. They say that I'm fucking a terrorist. And you know what I say to them? Keep fucking talking because you're the motherfucker that's delivering food to my house now, right? All these trolls, all these naysayers, all these losers that continue to talk down on you, use it as fuel and use it as ammunition to say fuck you to them. So right now, APOP just broke 430 and it is at 415. So instantaneously, you made 15 cents a share. And all you have to do is wait for that. How you guys doing? Does all make sense guys? I got really fired up in the start with this guy that said he wanted to quit after 20 days. If you quit after 20 days, you're gonna quit at everything. Remember, it is not about how much you start with guys. It is about educating yourself first. So build your bankroll by working your day job and studying and then you could start to trade. How can you tell if it's a bogus PR from real news? Well in the AMC example, if a company is gonna go bankrupt like that and Amazon comes out, chances are Amazon is not gonna fucking buy them out. And then they confirm later today that they're not gonna do that. Every single day I know that if I stick to the process I will be successful. The days that I deviate is when I kind of struggle. So I think I'm gonna wrap it up here guys. If you have any questions, you could text us at 213-458-5997. You could DM me on Instagram if you have any questions. I reply to everything. And what I want you guys to do is I want you guys at the end of this video to reply with one lesson that you learned from this video, right? If you reply with one lesson that you learned from this video, I will pick one random person to get a MIC T-shirt, right? So that's it guys. I'm going to wrap it up and I'm going to get back to answering questions. I hope this helped you guys. Thanks.