 be out there right but can't be there so at least you're here so whatever it takes guys to make yourself at ease I found a masseuse that actually comes over nowadays for a hundred bucks it's not bad okay so let's get back into let's start guys where do we begin Alex where do we again there's so many things to talk about today so first of all today is today started actually very slow you know it's not much stuff because we were waiting for PPSI to I was hoping PPSI gave us started gapping up but then a gap down so the problem with these stocks is really scary because yes it's all the way up so it came down so much and SSR got turned on and so it trapped big time it halted here went all the way up and let me show you what I did oh shoot PPSI so you know was shot up I miss you miss me zoom out there you go so of course you know what it does is it gets you a false sense of security confidence made money because you know what it was under view off this line is view up PPSI so of course the standard shorter view up covered down first wash and then okay as it came back up cool you know I took the same rejection hope because I thought it'd be a continuation day down guys to be honest cuz it's like okay broken stock but then next you know man next you know freaking out of hell shot up so I didn't was not that much size on this so I was okay so I recovered once it shot up I pretty much took a little more but then I covered right away dude it went all the way up to like geez man I'm like nine dollars and shit like that's crazy but anyway so I didn't lose that much I'm actually green on PPSI by like 50 bucks okay the problem is this this is the problem okay the problem is PETZ that is the problem look at this sucker this is where the shit happens cuz PTZ maybe take a look this is this is a broken stock from yesterday this is this PETZ is a broken stock from yesterday guys so I was like okay man six dollars I'm gonna scale in maybe right here I'm gonna scale in some size because of this and then it should fade back down that is 90% of the time is a winning trade 90% of the time that strategy is a winning trade except today cuz November so what happens in November guys is that they have what's called the turkey effect so around Thanksgiving's next week or something and there's a lot of crazy plays man especially towards the end of the year when the end of the year comes there was my camera so dirty the end of the year comes a lot of companies what they need to do is they need to close the book strong so they pop a lot of these things up guys and they want to get rid of the paper do finance what they need to do right guys so you better be very careful doing Thanksgiving is also a very low volume week during the holiday so they use that as well to pump it but let's take a look at how PETZ fucked me up okay this is a very good example here guys let's go back here so pts I mean I wanted to go up I wanted to go up so that I can get some size because this stock is supposed to be dead it was $7 is 550 and so I'm like dude I went in so that's what happened here you know went back I'm like dude it shot up because a pumper pumped it up and it halted all the way up that's fine this is still okay I was still okay notice I recovered I shorted the top I was okay good cool cool that that must be it that must be it so when under VWAP so I covered it so I was okay here and then when we started go up okay I'm gonna take some some short trades because this was the top so I used the outer lines and I shorted normal next you know booming it fucking halted two times went all the way up that's what I fucking got I just got destroyed there this droid is not that bad because I still my max size was 6,000 shares each council 12,000 shares was my max size guys I had 12,000 share max size on this so I mean but 12,000 shares on a dollar move is still like a big fucking loss right not only they go up one time it halted two times it went three fucking times all the way up to nine fucking dollars guys nine dollars this was six dollars and 80 cents went all the way up to nine dollars you're just dead how do you I mean if you had fucking went all in you're dead okay this is a nine million chair float if you take a look at this I did not use a hard stop you guys should use a hard stop if you put a hard stop over the high of date this would not happen there's no way I thought it'd be three fucking things but I kind of like so what happened was this guys I was actually down I was down like 15 16 thousand dollars okay on the day but then so what happened was that's still under my max loss I use two counts on this so each count was like 10,000 max loss I still under my 20,000 max loss right yeah my max loss a little fucking high but um you know I trade maybe we trade bigger than most people but um so it wasn't that I mean 16 grand I mean I'm just like what the fuck happened right I mean dude that sucks dude but this is what I'm gonna tell you man shit happens you got to learn from your mistakes so what what safety was having a max size guys where okay maybe I lost only 8,000 dollars each count so I'll still okay I calm the fuck down and I started to trade normal and I've whittled down my loss let me show you my loss man holy shit so one account's only 2,600 so that's very small that's not bad dude that's pretty much like almost and I can make that back in like half a day easy on that right um and this other count was a 3,600 so I went from an eight sixteen thousand dollars to six thousand our loss I mean shit happens guys shit fucking happens I mean dude how do you recover from this shit I went back to my bread and butter let me show you again the moment pet Z topped out you don't need to see the prices but just take a look at the red the red arrow means sell the green arrow means buy as long as the red over the green I'm making money right so I fucking got destroyed on this fucking move up here 16,000 I lost on this move back up here and like fuck okay so what I did was okay the top is said I'm going back to the MIC process and I did a short the outline this fucking channel trade the fuck out of it and I made back most of my losses so those all these I mean boom and I didn't fucking deviate from the process I didn't fucking go in revenge trade 50,000 shares of this if I did that who knows I'd probably be up a lot but that's not how we do it guys what if this thing went to a fucking $20 so all I did was I controlled myself and I said you know what man I'm a good trader the process fucking works shit happens this is one in ten that it fucking happens but it happens and so what can you do you can mitigate your risk by putting hard stop or just chilling the fuck out and accepting the loss I accepted that lost 16,000 turned the 14,000 the 12,000 the 10,000 now only down to $6,000 lost across two counts so that's not that bad the key was to stay calm stick to your fucking process this is a fucking anomaly so what happens they they they fucking short squeeze whoever wanted out got the fuck out whoever short they fucking they got they blown the short out and I've seen this I'll go so many times where I know that you cannot fucking chase a short on the bottom you cannot chase a buy on the top so so what I did was I all I did was fucking went back to my line I drew my fucking line and you know this dude I scaled around this fucking line is symmetrical as hell right so every time went back there I fucking short I scale it and I covered up down and you do this enough guys 50 cents 50 cents 50 cents adds up to $2 of gains so I'm in back my most my losses on not that many size guys I was probably in like 7,000 shares that's it okay on these fucking tops right here across two counts was only 7,000 shares but it 7,000 shares making fucking five 50 cents each over and over and over and over and now you know now fucking pet Z is fucking down so if it goes back up here I'm gonna fucking short it but has not so any questions there guys so shit happens this is fucking turkey week you need to be fucking prepared for these things to happen the reason I'm able to fucking survive because I did not panic before you enter any stock we always talk about you need to pre-plan and have nowhere to enter where to exit for both a winner and a loss so I already knew I already knew like before I entered okay man if I was in this much size how much can I possibly lose I didn't think I was gonna lose 16 fucking thousand dollars I didn't think this thing was gonna tear up teleport three fucking dollars up no one can fucking account for that right so this is ongoing that's what you got to learn for yourself how much I mean so I took the fucking loss that's the thing so I took the fucking loss I can cap my loss the moment I cap my loss now I can read Xamad what am I gonna do I fucking took a breather I chilled the fuck out you know and then I was like dude we assess the situation I can either take the loss and go home and I'm fine because you know what man that's what max data loss is for guys we have so many people blown up recently because I don't have max data loss but if you said your max data loss why the fuck are you what it sucks but you should not die if you hit your max data loss and you are fucking curled up in a ball in the corner then your max data loss is way too big guys you need to lower your max data loss so as much as it sucks for me I am now only down six thousand dollars across three accounts I mean two counts so it's only three thousand dollars you count which is like I'm completely fine max daily loss set that shit to whatever you're comfortable and not curled up in the ball when you take the max data loss it could be a day of work two days of work for you okay guys for me that's just my number if I'm take if I'm down 20 fucking thousand dollars it fucking sucks like a shit but you know what man I am I'm okay you know maybe I should lower it if I'm not okay with it right guys so for you it could be whatever you want so notice my back late loss of 16 grand I was and I took that loss it fucking sucked but it's fine the eight thousand dollars across each account so it's like okay I can make it back but for you it could be whatever it could be guys so you need to set the max that you lost an appropriate level then you can make back your loss and not be curled up in the ball that's what people don't understand people they don't think that they ever need training wheels some people call it fucking training wheels it's fucking disgusting what they fucking call ass but you know a man it those are the same guys who lose millions of dollars let me take a look at what these plays are do right now I'm still training these these are right now giving me great channel training so we in the morning man it's very rare I lose in the morning because in the morning is all pre-planned trades there's hardly anything that oh shit at Z there's hardly anything that is as it is really surprising because most of the losses come during the zombie hours guys are you adding adding to a loser I'm gonna post on Twitter guys a link that you should all go to watch go to my Twitter after I get off this I'm gonna post this this is the aha moment that I got which basically changed my entire trading career okay it talks about risk management it talks about all this stuff guys so I'm gonna post on Twitter make sure you watch it and so today I'm like dude okay these socks are broken I wouldn't fucking like I don't need I told the room I don't need to make back the losses in one trade I do not need to make the loss back today I'll make it when I make it and that's the thing people don't understand a lot of these guys they they revenge trade I didn't revenge trade you know I kept my fucking cool take a look at my charts I'll post it back then as well I kept my fucking cool I didn't revenge straight I waited for my lines I didn't slam it I didn't slam it you know back in the day when you're young when I was younger trader I just get pissed cuz I'm like okay man I got I lost on the short so I'm gonna switch position to long and that's how you double your losses okay the moment I got squeezed on the fucking thing I fucking stopped out imagine now you go along they lose again cuz it's gonna take down so you need to reassess you can't just when you're losing do not switch sides cuz your brains already fucked up when you are winning you can switch sides so yesterday I switched from long to short to long to short I was fine on ppsi I'll switching because I was winning I was able to make the calls I was able to read the charts but when you're losing the dumbest shit you gotta do is switch sides because you already don't know what the fuck you're doing you've already planned on to be long or short and then you lose and you switch like what the hell right guys you cannot do that so that's the thing people always ask should I switch biases during the trade you can only if you're winning because then if you're winning you know what the fuck you're doing you're not fucking just reacting to it to fucking like you know cuz losing is like very emotional thing guys let me put some orders in I still have these so what I'm doing is I am channel trading and if the channel breaks and I am done but you know but it seems like it's been going the same channel but who knows I'm actually gonna break up or down so pet Z broke on the downside now so now I can move my lines down I was up at 867 867 dollar lower now so I am okay there's still a lot of me on the on the bone here guys I don't need to make back my money today tomorrow could be another day okay I want to stop here and take a pause okay so you know what what happened guys I lost and but I didn't revenge trade I worked my way down very slowly methodically now PPS I is bouncing holy cow now at least me back to the question I proposed okay guys is trading a scam I just lost man I just fucking lost and a lot of guys like okay there's a scam for two reasons okay is it a scam because no one can make money that's obviously not true I've talked a lot of people to make money consistently I make money there's years are I only made like only a 12 red days 7 to 12 red days entire calendar year 200 something days of winning right that guys three months four months in a row Alex Alex is up over three million dollars this year today only lost so proud of me only lost like 2400 bucks or something ridiculously low like that his stop on pet Z was 744 okay pet Z went to $9.40 his stop was fucking phenomenal today his trading is better than some of the green days he has so you take a look guys don't just judge your days by P&L judge by how well you traded okay so if you want to go back take a some of the best days I've had is the days I I fucking lost but I lost minimally okay versus like people getting blown up like yesterday on PPSI today I would I would consider myself okay man today was actually not a bad day I worked myself out of it it sucked but it gives me the confidence to keep knowing that I can make the money back without revenge trading so go back to your days I you lose very small and study those days guys study those days to see how you can replicate those when you lose you better make sure the days are the losses are much smaller than your winners okay guys that's the only way become profitable and that's the thing people don't tell you I'm gonna post my link to my Twitter I mean that I wrote the whole fucking article on that shit so hold on let me see oh shit I'll show you all this after I'm done guys fucking pet zero as you can trap is SSR so it's trading a scam okay people think it's a scam for two reasons the first reason obviously this is the fruit not the fruit but the trolls the trolls and the haters think it's a scam because they don't make money just because they don't make money means that everybody should not be able to make money these guys are so fucking arrogant they never asked for help they don't they don't think they have they didn't think they know everything and so if they lose it must be a scam no one can make money well guess what guys there's a lot of people that made money otherwise the stock market would not yield so many billionaires out there right guys so you can make money and Alex proves it everybody I taught proves it there's guys that am I see that proves it the way you make money is losing less than you make winners right guys so that these two risk management so that's parts discovered you guys all know trading is not a scam because we can't make money we've proven this decades decades proven this as long as you have a proven strategy a couple of good risk management where you lose guys is you can make money twenty thirty days in a row but then one day wipes you out okay and that's the one thing that you do not want guys so that's where risk management max a loss comes in everybody that blows up does not have max lady loss max fucking day loss we have to bribe people have to give away t-shirts for people fucking put on their max lady loss that's how we we're the only ones talking about this by the way guys no one's gonna fucking talk about risk management except us so that is the key so number two is also this is a scam it is a scam when you're chasing alerts I don't we every day we get asked this do you post alerts do you screen share do you share your trades do you alert people no we do not wait who was I got blocks on this who's this fuck you guys oh jeez sorry guys I'm gonna block some of these guys um it is a scam when you are chasing alerts because those guys are front-loading you they're in the shit before you how the hell can you make money how are you able to make money guys you're able to make money because you're the fastest sheet and risk gets trampled over right guys so that is a scam but you're not being you're the one being scammed okay trading is not a scam they those guys cannot trade so therefore they alert I don't want to get into this a lot but that's how they fucking do it what are we missing here Alice okay this is how you combat scams guys you educate yourself education is the key okay hey who's this fuck you guys I'm gonna block them too so I blocked that fuck you guy we have a webinar that we built Alex spent months on this I've it's called it's at can you post the link to one my investing club dot co it's a free free webinar and I'll give you a little secret guys if you're not in my seat watch that because it'd be a very good surprise at the end for you guys is a discount at the end I'll share shouldn't say that but watch that webinar guys okay we spent a lot of time on it thank you Alex he's about a ton of time on it man Alex LAZR and EV Geo man he's fading oh I looked at those two they didn't bounce enough for me to get her so my investing club dot co not dot com go there guys I'm gonna give it a little fucking secret man you go there at the end you watch the end you can again it's nice discount we should have said that but or text Tosh guys text Tosh I just want people to watch this webinar because you know what man this webinar is fucking great it'll teach you a lot of things that we teach in M.I.C. okay it gives you a flavor but if you're an M.I.C. right don't watch it there's no reason for you watch because you already have all the videos their full reference videos what else is there Alex what I'm missing today is a you know man today sucks but you know I I would tell something man I am still here there guys out there there are pumpers in pump rooms that they lost today and they just took off before them within 15 minutes they pumped they lose and leave they leave their members stranded I mean dude if you're in one of these fucking rooms I'm gonna call out whoever you already know whoever if these motherfuckers are losing and they're not sticking around to educate you on their losses why the hell you ping them seriously we are tired of giving discounts I'm not gonna give a discount if you ask for us I tell Tosh man if you're coming and you're losing from a pump room why should we discount you because you lost all your money when you know better these guys are not there to help you guys that guy I'm not not sure his name he lost today on pet Z long got flushed and he took off every day they're like that either they're fucking taking some fucking bullshit traitor nap they're fucking fucking leaving because or they're using streamed multiple avenues of streaming services to pop to you and then when they lose and leave what are you learning you learn to be the biggest sheep out there guys you're not learning any fucking thing else except being the biggest fucking sheep I'm gonna say which one I want anybody the front run me you're making money back slowly slowly bless early anybody want to come on guys I want to bring someone on sorry guys I'm trying to trade at the same time I'm gonna bring someone on raise your hand you want to be on we'll talk about whatever topic you want to talk about because I'm pretty much done with what I want to say it's really hard guys to come here when you're losing you're trying to focus on trying to you know make money and you know helping the room as well Alex you want to come on yeah we bring Alex on talk about his stuff Alex lost today too guys there's a room together on the same day and so there must be a lot of lessons that we can fucking learn from this guy so bro hey hey it's just probably lighting what's going on man nothing yeah probably you explain you explain a lot of stuff but wait before I start this is my painting of Tasha I have my office oh yeah everybody has their version of it yeah I have mine too we should turn that to an FT dude as well what I want to talk about bro it's kind of what you said to rise main thing is November man November November we've been talking about it before November happened we've been saying November is historic for the crazy runners and in November the only thing that's been saving me and keeping me alive is sizing down bro so like today on pet z you know I only had like I don't know 2000 shares so I lost a dollar or share on 2000 shares and it wasn't really the end of world whereas if I had 10,000 20,000 30,000 shares and I was just trying to load the boat load the boat load the boat I could easily lost 100 grand just being an idiot so in November guys your goal is not to bank it's not to say where Lambo it's not to do all these crazy things your job in November is to stay alive to get the easier plays in December so November is teaching a lot of people a lot of bad habits whether it be adding to a loser whether it be sizing up when you're not ready and what's gonna happen is just like DWAC there's gonna be a trade that almost off everyone there's gonna be a stock that goes crazy and when that happens easier because right now shorts are trampling over each other shorts are getting stuck shorts are in trouble so in this market just start try to stay alive be patient and remind yourself hey if you made money today or if you have a small loss today or if you controlled your loss that's better than 90% of the people because I know plenty of people yesterday that over-traded that blew up on PPSI and miss out that's the I want to talk about bro which is what you and it is very it is very rare that bow and I lose on the same day it is very rare last time that happened was probably like six months ago man so it just goes to show that we are human we lose to and something that bow mentioned to me that you guys should remember too is you only need to get rich once so make your money walk away and make sure you don't lose it yep I mean we said right there I mean we have so many haters Alex I mean I started walking more people every fucking day it's it's these guys guys they they call it a scam because they cannot make money the reason they can't make money is because they have no discipline they don't understand whatever hell is going on I mean why don't you share with with everybody your how's your year going so far because you know I think people have heard it enough Alex because you know Alex is very humble he doesn't really talk about this but you imagine if another if another guru from another chat service makes this kind of money you would damn hear about every fucking five minutes right and it's what are we at we're at November 11 and I'm up three million dollars this year maybe even more I haven't really checked my number yeah and it's it's crazy guys because last year last year was a bit last year was the year that I wanted to show everyone what happens if you stick to the MIC process the MIC process tells you to focus on a side place to attack date to place to size up when stocks are broken and to walk away at 10 30 so using that process of trading between 9 30 and 10 30 last year I made a little bit over a million dollars net after fees after locates after commissions right and this year I did the same exact thing exact same thing trading walking away at 10 30 and here I am triple the amount of money because there's been more opportunities this year and I guarantee next year if I do the same thing and walk away a zombie times and protect myself it's gonna happen again guys and this is the thing that people fail to realize is I am coming up on my eight year trading anniversary in February in February I'm gonna have been trading for eight years and people ask me like how long did it take you to make money how long did it take you to find consistency the first year I traded I lost money the second year I traded I broke even the third year I traded I start to make money so it took me three years to start to make money and it took me maybe another three years after that to make seven figures right so the point is guys that was before MIC that was before we had a system that was before I knew what a zombie rule was you know and we're still learning me you're still learning back then too so I mean it's a progression and you know you couple it with great market conditions that's what happens maybe next year you may or may not make as much but that's okay you take what the market gives you right so that's the thing so there's a lot of guys that force it so in the beginning of the year a lot of easier opportunities to make a lot of money and so these guys understand went to scale down and went to hit it hard so talk about that Alex that's what I think you do the best remember back in the day we first met you were sizing up in every fucking place yeah now you I mean I made a video on this guy's but I want to kind of just explain it very briefly so you guys understand this you are not allowed to size on every single setup that you see bous says the blackjack analogy the best so imagine day trading is like blackjack where you get to see your cards and then you can bet on them if you have a 15 and a dealer is showing the 20 why are you going to go all in wouldn't you want to rather go all in if you're showing the 20 and the dealer showing the 15 in scenarios like that guys that's how you have to equate the trading is I specifically and I patiently wait for my most profitable setup which by now everyone knows my most personal profitable setup is the first red day setup so I reserve my size for those setups only and just for reference my day-to-day size is anywhere between 2000 to 5000 shares on OCG and first red day I used 40,000 shares so I am reserving and I am waiting to use my max size when the best opportunities present itself and when there is no amazing opportunities I size down to protect myself in days like today yep exactly so that's what that was what I mean this is all part of the learning curve guys and so you can either spend your entire life trying to learn this most people will never learn it and they will go broke before they learn it or you can just pay someone I hate them using the word pay cuz you know what you do man you you're basically we lost go to school bro you're going to school do you think a doctor is gonna go to school without paying $200,000 for med school we're 200,000 we're 90% cheaper but that's the point guys before you operate on someone before you want to be a surgeon before you do anything you have to pay your medical school it is the same thing MIC is day trading school so before you want to become a professional day trader or aka a professional doctor you need to come to MIC you need to join once you watch the videos you get your degree and then you're ready to go into the real world and start earning money but as doctor for eight years you are not earning money and then it explodes so be patient guys I'm not saying it's gonna take you eight years I'm not saying it's gonna take forever but shit man if it took me a few years to get to this level it took James one year to make a quarter million dollars a year consistently with his eyes closed James makes $1,000 a day every day with his eyes closed hey he studied for a year so why can't you guys do the same sacrifice one year of learning so you guys can change your life yep yep exactly man and that's the thing you're paying for the experience so that you don't have to lose I lost $1,000,000 learning all this shit so you don't want to fucking lose a million dollars there are times maybe five years ago before MIC was even a thought that me and Bow would hold these shit every day we would hold these stocks going for the all-day fader every stock all day fader and then all of them would just reverse and we had no idea why they would reverse we didn't have any clue we didn't have any process for these stocks until we discovered the million dollar rule which is the zombie rule and that itself guys if you look at PETZ and PPSI today at 1030 is when they rebound so I mean this is the most important rule that we give away for free and people still don't fucking listen so the way to make money guys not just learning these strategies and rules you need to create a repeatable process and that's how you make money trading trading you can make one off big games and lose it all back but what you need to do is create a repeatable winning system just like football man just like any other athletic professional endeavor you can win one game unless you have a routine down that's repeatable you're not gonna be able to win a championship exactly and that's what we talked about in the webinar too guys so in the webinar we talked about strategies that you could use the process that you could use and how you could repeat this strategy and process to make money guys so myinvestingclub.co is for non-members and if you stay to the end we'll give you a discount to join so that's it so about yep I guess we gave away or call a text Tosh Tosh can you post your number yeah Tosh's numbers two one three four five eight five nine nine seven and again guys if you're watching this this Thursday this Thursday at 4 p.m. I am doing a trader clinic webinar for annual and lifetime members so I'll see you guys then yep guys and on the website all the information is on myinvestingclub.com the Tosh's number the webinar link is there everything guys so alright guys we'll see you next time we'll see you back in the room guys