 Oh, it's been a while guys. This is this feels good that I'm walking around without any any issues. So All right before we start We've Alex has been in Miami for a while a few weeks, which is a while for him a week or two Then I decided hey, why don't want to fly over there since it's opening up over there And I've already got COVID so I'm not gonna get again. Hopefully knock on wood And we decided just to throw a meet-up this is gonna be the first meet-up says the pandemic guys an in-person meet-up It's gonna be It's gonna be awesome We haven't done one in so long This is going the the information is on the Twitter guys So I won't go into details too much, but it's going to be at the East Hotel the rooftop This Saturday October 10 1 p.m. You Must sign the sign-on sheet guys Part of the sign-on sheet is a waiver because I know there's COVID and all that I want any Anybody go. Oh, why didn't you tell me that fucking I might get COVID? Well, I mean unless you're a dumbass And you you have a turn on the television. You don't know about COVID so bring if you're not comfortable do not come I mean, I don't want anybody to not feel comfortable. I don't want to get into a situation where people are fighting Because of politics or anything else. This is a fun event guys Bring your mask We're gonna follow the rules of whatever I just want to meet up everybody wants to meet up so it's gonna be this Saturday guys if you are afraid of COVID You know, you don't have to come But we wanted to just start this because eventually we're gonna have to reopen everything up guys and I think now is a good time Miami is opening up We're following the laws of Florida So if they say it's okay, who am I gonna say it's not okay, right? So once again, this is a voluntary event Bring your protection if you you know bring your mask. We'll be wearing masks. So All right, so anything else Alex is gonna be there. It's gonna be great. We're gonna just hang out This is the first time we had a meet-up in My god, man since a year Miami, Florida guys this Saturday 1 p.m Information sign-up is gonna be on all our Twitter's All right, I'm gonna make it short as we guys since you guys are here. I'm gonna this is pretty much part of the smallest Turn up. It's only a hundred and twenty four people watching. So I guess it's gonna be good for you guys All right guys, I'm gonna make it really short so that we you know, I don't be overdrawn I want to tell you basically I Have been training for a while. I've been training for a while. We know Ourselves when we started trading what happens is we always wanted to trade everything everything that freaking moves You want to trade ooh pps. I love fuck. I think it's up too much. Let's short this shit and then you blow up The secret to trading is this guys. I posted this yesterday when I was young starting out wild crazy I Trade because I like the action is that adrenaline rush? It was like gambling. I felt fucking great when I won miserable when I lost, but I didn't care I didn't care because I was more about the action Than the profits Then when you mature you realize oh, this is fucking stupid. What the fuck man, you know, it's not entertaining anymore Most people day trade because of entertainment to be honest They don't they try to make money but he's a bonus of them because if they were serious about making money They wouldn't do some of the things that we're doing They'd be more focused. They need more discipline. They wouldn't say YOLO They wouldn't be chasing shit. They would not they would pay for education It's like if you want to make doctor wages and you're serious about that, but the fuck you're not gonna fucking fly out To some guy in a pickup truck And to try to learn from them right or you go to a grade school and get mentored by great doctors If you cannot afford $200 a month guys to try to make doctor wages I don't know what to tell you learning on your own trading. It does not work That's why most people fail Okay, there's some few people like myself because I had enough money to burn through To figure it out. I still cannot figure it out Because it's always changing always learning guys You can never figure it out 100% And then take a look at Alex, okay, that's a great case study Alex Met we met and then you know what man through mentorship, whatever you want to call it Alex become a great discipline trader because he started out learning The same things that we are teaching and my see Alex learned He became disciplined. They didn't have any bad habits And boom look where he is guys Okay, I mean the best case study you could do is take a look at The people teaching you mentoring you and how they got there Don't judge it based upon just the individual teaching Based upon the students that they mentored how they got there and can you do the same thing? And I'm telling you the secret trading. It's not being smart. You don't have to be fucking smart Computers are not smart guys Computer is the dumbest thing if you do not mentor the computer if you don't teach the computer It doesn't do shit. It just sits there. You could pull the plug out. It'd be dead Go buy a computer from Best Buy Tell it to day trade It can't they don't know it could barely boot up Computers are not smart guys the person mentoring the computer Putting in the rules what computers are good at is discipline Computers never never break a rule. Oh My god, that's the secret trading being disciplined. So there's two reasons why computers rule because it's Mentored by people who are successful traders with rules that's been doing this for a long time Hey hedge funds have billion dollar institutions doing this stuff. So they program the computers The computer is like a student But it's a student that never breaks a rule So think about that. Why are these elbows kicking there is but it's not breaking the rule It's very simple when this happens this happens When this happens you sell when this happens you buy Okay, we've cut the learning curve because we already figured out what works for us And what doesn't work for us so you don't have to go through the trials and errors of all that stuff, okay? So I'll give you an example if you want to keep it really basic If you are a short seller And you want to become a successful short trader guys This is what you do. Take a look at PPSI Today it burned everybody and I'm pretty sure if you had to locate you get burned because how can you not? Try to stick your toe into the waters Remember by analogy all the time you stick that fucking toe the alligators gonna grab your fucking toenail grab you in and you know what this is another good analogy a lot some people Rather fucking fight the alligator then lose their toenail then they end up losing their ankle Then all them there's like fuck this show. I'm gonna lose my ankle and then lose their fucking leg And I don't lose my leg then they fucking lose their life Other smart people like fuck I will let the alligator eat my toenail is a manageable loss I'm okay with losing a toenail other people are somewhere in between All right, man. I'm gonna fight this alligator. I lost my toenail Now I got my ankle fuck. What do I do? Okay? I had enough. I don't want to fucking lose my ankle I'm gonna give them my toes. You know that's called a magical loss. That's called risk management guys The secret of training once again is to pre-plan and to know when you lost Okay, but a better risk management is this don't even fucking get into a situation where your toe is in the water PPSI MIC we've identified that as a no short Everybody that's where that is dead. We spent all morning telling people why it's not a short I'm gonna share with that right now since you guys join to listen It's very basic and simple guys, but the hard part of discipline to avoid it You take a look at the float three million shares It already flipped the float by time 830 came Okay, there is no business for you to be shorting that If you do short and the alligator grabs you by that toe Give him their toenail You fucked up already. No not keep fucking up So if you're a short seller and you eliminate day one low flow squeezes Half of your battle is done Get into the good habits. Okay. That's what being a community is about I'm not even teaching people to trade. I'm the half of it is knowing what not to trade guys Okay, so one of the secrets it's not even getting to that situation where you allow yourself to be tempted It's really difficult. Most of us are human if you are an alcoholic You should not be going to a bar and saying, okay, I'm gonna have one drink that doesn't work I'm gonna have one trade. It's not gonna work. I'm just gonna nibble this one trade It's not work. You do not need to even be in it the moment. You're locating that shit. You're doomed You know do not do not do not say just in case I'm gonna locate just in case the best way to avoid a situation like that It's not to be put yourself in that situation. Okay, and it's very difficult You need a tab guys. You need a tab to help you Okay, and if you do stick your toe in the water, you need to have an escape plan Wrist management hard stops things like that, but you know what for a beginner It's very difficult because you get stopped out and you're like, oh shit. I got stopped out of the top then you go back in That's why you have the max loss rule At the broker level, but then you call the broker to break the rule That's it. I hear this all the time the only way guys in my opinion for a new trader to avoid These temptations is not to even put yourself in a situation Get a tab and both your tabs slap at you. You better not fucking locate these shit. It's not even worth it So the secret I'm telling you if you're short avoid day one stick to broken stocks day to low hanging fruit stuff Okay, that's what we talked about. Okay, if you have the discipline to never ever ever touch a day one until It breaks under VWAP you are good So that's the simplest indicator guys is not the holy grail But it's a good test for you to figure out if you should even be in that stock Same thing for a long bias trader. Take a look at VWAP if the stock is under VWAP do not buy that stock long I don't care unless you're in spirits. I'm talking about the new traders here Okay, I do not know what they're doing and it looks attractive guys But weak stocks get weaker strong stocks get stronger Stick to stocks that are making new highs stick to stocks as a overweight VWAP And you take you put in a hard stop when it breaks under that Those are the simple plans So I wanted to show you the secret the secret is not blurring the trade all that of course That's the next step, but most people get tempted To stick their tone of water and that's where it all starts to go under water for them, right? How do you solve this? Did ask yourself did you lose more than 200 bucks today? Did you lose more than 200 bucks this month? I understand why people do not just join the community. The community is not even if you're an expert trader guys The community helps me Okay, without Alex. I'm telling you I'll be sitting there right now without IG live He's in there trying to fuck around cuz I'm bored if you stick around the casino. You will lose your money back Let's talk about it. It's a casino. If you do not know what you're doing Alex became successful. He's up over a million dollar string a year one hour a day It's because he's disciplined. He has he has other things to do. He helps the MIC He does his trade in the morning leaves, of course, he has FOMO everybody has FOMO But you know what man? He leaves because he has other things to do and it becomes a habit a Habit happens when you keep doing something and once in a while you get away with it That's a bad habit You don't know what a bad habit. I keep telling people this all the time when you break a rule You usually win when you break a rule and win you usually win the minimum When you break a rule lose you usually lose the maximum. It's not worth it So a community like I might see I'm telling him this is not just a problem. I say this is this is me Seriously believing it is because me and Alex have traded together for a long time And that's how we got to where we are. I've always traded with someone Okay, even though they have a lesser skill lesser experience doesn't matter It's same thing concept guys. We call that the trading accountability buddy It's like a gym buddy Like if you wanted to go work out you need a bunch of gym buddies, right? Daven, going by yourself every day, dieting by yourself every day is very difficult It's much easier if you have a community surrounding you supporting you So these guys I don't care what these guys are angry that think they can learn on and on I will let them blow up But the guys you guys are watching IG live right now You're taking the time to watch every week guys. Do yourself a freaking favor if you are not successful Right by now You have to change yourself have to do something different and a lot of times. It's not the technical stuff We of course we teach it to technical, but it's having the right environment around you guys Okay, having the right people around you to motivate you to help you not to do these stupid things We scream at you all the time We scream at MIC members, you know, it's called tough love, right? They're asking like sure. Where should we short? I'm like, what the fuck are you doing? You should not and So that in my opinion guys is it's difference between Successful people successful business out work by themselves. It's very rare. I Had a lot of help. I had help from people. I've had help from Alex. I've had help from Tosh. I've had help from everybody Exactly drop the ego people want to learn shit in their own. Why the fuck, you know I met a bunch of friends as we can and someone very arrogant and they're like, nah, man I'm gonna do this show money. Oh, I don't need anybody help them. I'm like you idiot. It's like it's like growing up rich I Don't need my parents money. Fuck this shit. I'm gonna go out and do the shit on my own start from the bottom I'm like, you're an idiot Give me the help The only reason I had to do this alone because there was no one helping me guys If I had help I could have been even a bigger trader at a younger age. I Welcome anybody wants to help me if anybody wants to give me money help me right now Text me DM me help me. I will take it. I have no ego guys Okay, I can bypass all this bullshit right now and ask someone to ask a mere trade to buy out MIC I'm okay with that Help me, you know So the secret is I'm tearing out. Okay, I'm gonna share very quickly again If you're short selling stick to The stocks that no one's looking at we call those are low hangers It's a continued breakdown the stocks that broke down. How do you identify a little hanging fruit? Simple guys to him. I see we got it all there Freakin $200 man. You can make it back in one trade. Alex has a freaking watch list You know, if you you can just watch that watch list everything he trades from that watch list guys That million dollars he made is from that watch list that watch list pays for itself and I I don't know what else to say anymore but you know, I'm looking at people like You know revenge trading. I'm looking at people. I try to teach people and then I mean Trading I mean if you're trained for yourself, it's okay but if you're trading for To educate other people you you lead by example guys and I once again, we do these meet-ups on purpose We're showing you that we are real That we care about our members. We care about other people's this meet-up is not just for in my seat guys This man does this meet-up for everybody you can come everybody and why do you think I know what else doesn't meet up? Because they're hated They pump it up. They can't trade. They don't help their members They're scared as fuck to be fucking meeting anybody in public Whereas Alex and I we we want to meet you guys We are here walking around anybody can mug me if they wanted me but they don't because we don't do anything bad to them We help people Okay, so the first thing you do is you help yourself We have if you cannot afford it. Obviously, there's a free channel on M. I see YouTube you know Go to the meet-ups. We'll talk to someone, you know, you know, there's steps along the way If you see if you live in the United States guys And you're serious about trading in my opinion. There's no reason you cannot afford tuna bucks just for one time Look at the clothes you're wearing Is that more tuna bucks? Why don't you educate yourself so that your education pays for all future clothes, you know, this hat was fucking 40 bucks You know, I've been wearing forever, but hey, I Could forego that and now we're at okay. I'm gonna take some questions guys. I Wanted to share more but But I really think you know avoiding certain stocks knowing what stocks to trade and which stocks that is the secret If you're a short seller, there's no reason to be trading day one Low floaters give yourself a rule If the stock is over-rotated and it's still over rewap by a significant amount Oh, this is what I want to share with you guys. So So you take a look at PPSI and take a look at what the V-wap is Is it so the stock's like the V-wap is like two dollars lower? If it's significantly divergent from the V-wap It means it's way over-rotated and I'm looking at the float three million shares Someone owns the entire float guys The only people and so it's shorts are so underwater That every single drop they will cover Okay, so the secret is this natural bidders Are short sellers? They are not long-buy as traders long-buy as traders are always looking to sell Short-buy as traders if they're trapped they become the natural bids. They are fighting to cover and so as long as Shorts are trapped It's a great long People think it's the opposite people think that oh Shorts, oh the shorts are in it's gonna go down. No Only if They are up If they are up you are screwed If shorts are down shorts are screwed Simple as that and you take a look at not you know why also guys one last thing about this You also have longs that are dying to get into the stock They're like please drop so I can get in so not only the longs when again the shorts want to cover and If you take a look at the V-wap and do you walk is like a freaking 50% higher lower There's no reason for any long to sell These laws are not gonna sell they're up and if you take a look at the mentality of a long They're willing to hold this thing until it turns into a Tesla They're always looking for the next Tesla Longs will hold a bag down to nothing and they'll add more These are the pump and dump Grandma's and all that stuff and so what's gonna happen is this now the phone in the front. Hey, do you see about the stock? So when a stock on a day one rips like that and it's a low floater guys It's not even worth it. So don't look at that. So do yourself a favor if you're sure sell it next time Take that off your screen Don't look at you know the best thing I'm gonna do next time is don't locate don't locate that stock Then you do not have any temptations to touch us back Okay, and you know what man slowest steady wins the race. We have the process We have members of the room that are doing this every single day and if you ask them They're only reason they blow up the reason I lost because they deviate from the process Which is usually it's because they're up for a few days Or they're up for the day and they use the cushion game I have made many videos on this cushion game All right, I'm gonna take some questions and then we'll end it there guys. I hope I hope this is a good introduction on how You know to become successful you become successful by by becoming disciplined There's no one that is successful. That's not discipline bodybuilders are the most disciplined individuals in the world You know why can't they day trade is because they most of them Maybe are trying to learn on their own there people are lacking two things usually they're lacking the technical skill Or they're lacking the discipline when you have a technical person Who's disciplined like Alex? That's when you kick ass But unfortunately not all of us are like that. I am not as disciplined as Alex I'm a very technical guy, but I am not as disciplined So yet you don't need to be the most technical individual you just need to have a qualities of you know Some discipline and some technical and you apply it together and that's why you have a tab Okay, find a tab that's so smart so technical but have no discipline and you become their discipline You could be the dumbest guy in the world, but you're the most disciplined in the individual in the world That is a successful team You know because the technical guys gonna tell you the technical stuff where to get enter where to exit all that stuff And you as a disciplined tab member slap them. I keep telling people all the time you know People will cheat and lie to you as a tab if you're not around so Why not open up a zoom call? If you're a tab member open up a zoom call and trade with your tab live so that they don't fuck around It's called a count of it's called accountability It's like a little kid if I can get away with shit when my mom's not looking I will get away with shit But if my mom's watching I'm gonna be a very good boy So try that next time guys. I'm telling you the tab is the secret being disciplined is the secret You know you can only lie to yourself But you know, it's very difficult to lie someone. We they're looking at you. Whoo. That was a lot Anybody won't get on I'm gonna end it with with the a quick IG live split-screen video which I love we haven't done for like a month Raise your hand guys if you want to get on and we'll end it with that and we'll take our help whoever wants to get on Is that clock? Good live Yeah Well, I try to How are you? Everybody who you are So, um, my name is Claudio Soriano I live in Florida right now I'm going to the middle of my wife. My wife is doing is going to the middle of on on Saturday. Um, I became a MIC member three months ago I made the lifetime membership within two weeks I'm a long swing bias trader. So everybody talks about me being shortened Intrally, that's not true. We have a lot of people that do long swings tie Faye or and there are a lot of people in the room Joe that do long swing trading. So My wife is watching me on the on the side. So you wish to do if I came to Florida Yeah, exactly, but it's like it's been um, I love the community. I I have a tab group and we all speak Spanish. So It's not only that's another thing. It's not only English speaking people and there are people from all over the world So if you find a group and everybody speak the same language, you feel like family I started trading in 2008 and I started falling following you in 2008 But I didn't have anyone to talk to about trading. I was in Puerto Rico. I've been in Florida for three years I I left Puerto Rico after here can Maria with with nothing And um, it's been rough this past three years on three months ago, I lost my job as a consultant in Informa so Nicole's I was working in J&J and I Convince my wife to let me join me for lifetime. So here I am. So how's it turning out so far? I Became a member the end of June July. I was up 40,000 August I was up 60 September I was up 20 because it was really really rough September for a long swing trade It was like a rollercoaster. There were two weeks that was really nasty It was that's you know, I would love to have a horrible Yeah, exactly, but it's it's it's been it's been it's been rough that September was was was good, but I'm grateful I'm grateful about it. So why have you learned so the tabs? You think the tab works? Is that is that like the main thing so tell just tell people quickly like what what have you what have you done? differently that resulted on these great consistency and probability So so the thing about about the tab the tag group because I use a tab I have one tab and I have two tags like a group of two person all of them speak Spanish So we're speaking Spanish the whole the whole day Um No, no, we no we actually use the slack app. It's it's all to the app We don't speak on the phone or anything. We just start typing the whole day looking at stocks helping each other being accountable for the mistakes that we made because which are My tag group two of them are short and I'm long so we have I I like the perspectives You know, so I'm thinking always in being long and they're always thinking about being short. So I'm I I um, I Started um Bringing into the toolbox the intraday. I Don't do intraday. I do long swing. So that has been like very beneficial for me because I'm a process Engineering and what you have mastered inside make is a process So I love how Alex is really disciplining the way he he trades He does the same thing every day period. Yeah, he doesn't be yet. He's like a computer But with emotions, but he's non-emotional you have a you're a machine period I cannot describe size. I look at your trades. I'm like How does he do it? I it's like all over the place, but it's through a process and you don't let The if you lose money, it doesn't go up to your head and that's why I'm mastering right now If I have so if you trade and you don't lose money, you're either a liar or you're you're not trading I saw it's it can't be you're gonna have to lose money Yeah We already talked about this in MSE is the process the first thing you do is we enter a trade is what you have to pre-plan your trades Predefine your risk So, you know ahead of time how much are you gonna be willing to lose and we're gonna exit if you do not place that stop out You are dead you walk out to the bathroom you go to launch you come back game over Yeah, what I do what I when I do my long swings I always say people to tell people forget about the targets Focus on the stop loss if you're not clear and you don't have a hard stop loss You're gonna lose money always and always period That's it and you you have a couple of targets along the way And you enjoy the process when you're right and if you're wrong you're you get out and that's it You don't trade anymore. Correct. It's a repeatable process, but the problem people have you're right The problem will happen if they don't have that plan ahead of time and so it becomes an emotional trait when they're stuck in it And I think you told me about that when you the one that you were like holding something for a while and then You had to sell it once he sold it. It was like, oh my god. What a relief Yeah, I've been holding NIOs and It's two dollars and I've been getting coached by Joe Kelly. I Have a phone call because I'm a lifetime member. I enjoy my benefits people do not do it I talk with Joe every first Friday of every month ever since I've been come and am I see member and we just sit down and have a chat Every first Friday for one hour and Joe is not like that one hour. So you're you're gone No, we have been there have been time that I'm telling him it's Friday. It's 8 p.m. It's been two hours Joe, I think we should hang out hang up so you can start having spending time with your family, you know He is not like okay one hour. So Let's go. No, no, we have been talking an hour and a half two hours two hours and a half And it's crazy and we just talk about stocks and he being a trader and having this This being alone it's time to be in a trader You have to be in a group where people think like you or or have perspectives against you But long bias or short bias you need to be with people that talk the same language as you that I think will be 50% of your of you being Successful in this in this way of what you have chosen, you know, you're actually right You know why the traders on Wall Street are successful because they train a group They're not by theirself. They're surrounded by everybody and Unfortunately, most of us do never step foot into a Wall Street firm So that's why we created MIC as community to kind of mimic that Wall Street environment You know, it's like if you surrounded yourself with like-minded people with the same goals eventually it's gonna rub up If you're just doing by yourself all your bad habits come out You're not gonna learn anything even worse is if you choose the wrong tab Meaning this. Oh, I don't I'm not in any MIC program. I don't want to pay so I'm gonna go find my friend who just started trading and I'm going to trade together So what's it happening? You have two back traders learning together all the bad things So, you know, there's no way around it guys, you know, it's like this is why the top traders They're in these hedge funds. They're in these prop trading on Wall Street. Why are they doing that? They couldn't be at home trading for themselves and keeping all their profits But there are advantages to be in that group, you know, you have in MIC you have a thousand eyeballs Screaming out news screaming out different things that you may never understand or learn. There's the same thing with a prop trader It's like we cannot do everything ourselves. And so together as a team, you know It helps tremendously and that's why we create all this and even beyond that you create relationships friendships Outside of training Exactly. Yeah, human beings are not designed to be alone. They're designed to be impacts I always say that if you want to go fast go alone if you want to go you still want to go But slowly go far you want to go far exactly If you want to go fast you alone if you want to go far you go in a group and I'm telling you guys man Being a group environment saves me so much because if you're by myself, I'm so bored I'm nothing to do and when I'm bored you stupid things I guarantee you but if you're in a group you can talk to your friends your friends will keep you out of that problem during the day guys So, yeah, thank you. So you're gonna be there. I'm very excited to meet you man. Yeah We'll meet on Saturday We'll meet my wife is saying She's gonna meet Oh Big Dahlia Mickey you'll meet her on Saturday I'm changing. I'm changing my setup this week. I'm adding to new Monitors and then there's gonna be another computer there. So we're gonna trade together all tax deductible Yeah, I'm talking to our tap our CPA, you know Yep, you can deduct all that right. Yeah, you're talking to Brian. Yep Yeah, yeah, I have Yeah, you have to say that we have a CPA in house. That's good and he knows his He knows his stuff Did you set up a LLC with him or anything like that? We're starting the first the first week of January next year Great first make some money right doing that the first step Yeah, that's the next step Hey, thank you. This is thank you. I'm so glad to have you so sad Yeah, we'll talk on Saturday. See you out. Thank you. Thank you. Bye. Bye. Bye Well, that was awesome. I didn't expect that guy. So I'm gonna end it there on a good note So we'll see you on Saturday guys Text-tosh you have any more questions about anything, but this is gonna be awesome guys We'll see you there and we'll see you online any questions. Just hit us up on Twitter All the information is gonna be on our Instagram page My messing club, so I'll see you guys there. Bye. Bye