 We guys doing well before we start guys. I want to talk about a couple things guys. So There's a lot of people have been losing money and they switch this over this side guys There's a lot of people that have been losing money in these markets, and I see it all over Twitter I see it all over my DM people asking help me help me and then you know before long time ago we used to have a an option to help people more often because We had a monthly and with the problem the monthly is the fact that people were not serious they You know they came they gone and they caused trouble and you know they were just not serious because you know what in order to Successfully become a consistent and profitable day trader. You can't just go in for a day or week or even a month And it's expect to have a Lamborghini every week right to make big-time money That's not how it works. It's like if you want to make doctor and lawyer type wages Those guys go to school for four years ten years twelve years So you can't even Give give day trading a year to learn. So that's why we said you know what screw this screw the monthly and let's just Keep to the annuals because you know what to be realistic You need a few months to learn to trade guys And so if you want to learn how to day trade successfully become consistently profitable day trader You have to put in the focus You can't just come in for a month and try to copy other people's day trades and expect to make money And this is why a lot of these pump-and-dump Chat rooms getting in trouble now, you know because they they make it seem as if you just copy their trades You this is why we do not alert. We do not alert. We actually teach you to trade We make you become self-sufficient. We do not give out alerts We want you to learn to day trade and that's a difference between us and pretty much every other service out there So let me bring up Alex because he's uh, this was his idea And I totally agree with it because you know it's very and so we're gonna try to bring something back and hopefully worse better this time Bring Alex on right now Excuse me. Yes, sir. Hey looking good, dude. What's up, buddy? I just came back I got to still get that haircut No, you look good dude. You look like a you look like a fucking little model man. You got a little wave action your hair down I like it. I like it. The beard is looking good, too. Dude. What's going on? Does the Vegas doing you good, dude? Yeah, I went to Vegas for a bachelor party guys. It was fun. We drove from cars We saw Cirque Soleil, which is like a cool acrobatic show. I here we are back trading I actually landed from my flight at 6 a.m. Yesterday and I immediately got home at 7 and just started trading. So We're always here. We're always working. You know, we're never stopping. But yeah, like that was saying I mean, it's it's crazy guys because I mentioned it in yesterday's video is what the money that people made in 2020 was life-changing the money that people made in 2021 was life-changing and the money that they lost in 2022 was life-changing, right? So that's the thing guys we've been getting a lot of people asking us for help We've been getting a lot of people saying that, you know, they're gurus their mentors are losing money So imagine if you're a guru your mentor the guy you're trying to learn from is losing money in this market What possible chance do you have of making money in this market? So I showed this yesterday guys I'm gonna show it to you guys again. This is my broker statement from success trader for the year so far You can see my entity Alex Temmys Trading LLC and you can see the short-term gains are 1.4 million dollars in four months So in a market cycle where everyone is losing actually, let me show you guys my biggest gains too while we're at it, right? So show this show the website again go up because a lot of people think that you can't make money trading man It's a weird shit. It's like I guess me and you but just sitting around for decades just faking it So shit, I just don't get it, right? Goldman Sachs makes money every the biggest money wealth maker in the history of mankind has been two things, right? What is it stocks? So I don't under so people I don't see people trolling other people for real estate That's the weirdest shit right because they believe the real estate for some reason Stock market it's just like dude No one makes money if no one makes fucking money and why are the biggest companies the world are all Wall Street firms? Exactly, exactly, and that's the thing guys There's there's certain it's like it's like depending on the type of job you have or the chop It's like if you work at McDonald's 24-7 your opportunity is not gonna be as high as if you work at Goldman Sachs At M. I see we're teaching you how to become a Goldman Sachs style trader Because the same strategy that they use we pretty much do it too. It's not better So when everyone asks for help when everyone asks for help what happened in the past is when we did the monthly membership They would come in for a month and say where Lambo and after a month when they didn't make ten million dollars They walked away and we decide you know it. That's enough. We don't want to help those people that are lazy So what we did this time is yes We're bringing back the monthly membership for a couple days only literally a couple days only Just to bring in those serious people that might not have the means to get an annual membership But you know if you guys are gonna come in and leave after a month It's not really even worth your time because it's gonna at least take you a month to watch the beginner videos You guys are learning a new language. You guys are learning a new Something brand new imagine you think you're gonna be an expert in Chinese in one month is impossible But if you put in the work, you're gonna find success So if you guys are interested in joining the monthly, we're gonna be doing a giveaway with it So we're gonna be doing a giveaway to win a free annual membership And we're gonna be doing a giveaway to win a free one-on-one mentorship phone call with me The website is my investing club comm slash spring and this is what it looks like guys These are your options So if you go to the landing page my investing club comm slash spring You'll see everything that's included and you'll also see testimonials Uncompensated these are real member testimonials not paid actors I'm just gonna stop at a random place first time green in two weeks $1,800 first green month $14,000 so I mean That's that's the thing guys if you guys are serious about learning if you guys are losing money in this market We're over here making millions in a bear market So if we're able to make millions in a bear market, I mean when the market heats up again We're gonna make tens of millions right so now I know you have to show show them also wait show them the One of the reasons also because you in order to to fight a good war you need weapons So you need ammunition and so Successory to talk about that. So why do they need a good broker? Yeah, that's actually a really good point to show your your rebates to man because I don't believe that shit, right? No one ever believes anything online. So we have to show it. Let me actually pull that up here once I so guys the broker that we use now is called success trader and Reason why we use them is because their Commissions are way cheaper than everyone on the street and in my opinion their locates are cheaper than anyone on the street as well So last year I paid almost $300,000 in fees and that's a lot of fucking money to be paid out in fees But this year it's gonna be a fraction of that because my broker is better Right and this broker has a specialized route called the MIC route. That's commission I mean that's rebates are higher than your commissions So if you look at this my routing for mark for March 2022, I got rebated $14,000 I got a rebate of $14,000 just for using the MIC route guys and this is why we recommend this broker so all the other brokers out there The commissions are cheaper as success trader the rebates are higher and Locates are lower again. This is all in my opinion But it's no brainer guys if I close my account at other places and I only use this and I'm up 1.4 million dollars already I mean, there's no excuse man Great man, so you need a combination of the good mentorship First of all, you need to learn how to trade and you need a place to trade So that's pretty much what you need, right? So yep, and I think value topic today's front side and back side So we have a lot of people that ask questions about that because they think it's as simple as if it's above VWAP It's front side if it's under VWAP. It's backside and our DBX yesterday and today is a perfect example of front side and back Let me show you all that guys. So thank you Alex for coming along man All right guys, so I want to show you this this is a this is a topic that we can probably talk about for Hours on end years on end because you know, everybody's definition is different There's many different ways to calculate it And that topic is a very controversial topic guys It's called, you know, because there's people talking about front side. What's the front side? What's the backside? And there's even indicators that that you can buy and it tells you what it is So let me tell you about indicators again indicators is just as good It's only as good as the person that's programming the information in there So I'm not gonna bash indicators anything like that, you know, because what if it helps you it helps you There's a lot of indicators out there that help me and help MIC and we recommend them There's other indicators that just I don't you know that they don't work for your strategies things like that So I'm not here to bash indicators I'm just here to explain the fact that indicators are nothing more than a tool I can give a hammer to a monkey Okay, and the monkey depending on if he knows how to use the hammer can use the hammer to break coconuts and Eat the inside of the coconut or he can take the hammer and hit himself in the head Or you take the hammer and hit another monkey in the head So that tool that hammer I gave him could be used in many different fashions Make most of which is not the manner which I want him to use the hammer I wanted to give him the hammer so he can break the coconut to eat the food But then he found 10 different ways to use the hammer And some of those are even more effective than Then freaking uh breaking the coconut right and so the hammer could be used to kill himself Same thing was an indicator guys. So an indicator is just a tool Is how you use it in the context you use it. So a lot of the things we we We talk about a volume weighted average price, which is the v walk, which is very important I use that every day Alton. I use that and we teach that But by no means that it's the holy grail. So when you learn a new tool every new trader Things that by learning a new tool. Oh my gosh the holy grail Oh my god, man. And so I see people on twitter just learning how to do data Oh my god, man. I found the holy grail. I'm never gonna fucking lose again. I'm all about data, man So all night they're scrubbing for data and they're like I'm like what the fuck you can do with the data, bro First of all, you have to create a process around the data to use it effectively You need to be able to know how to monetize using that data And so just having data alone just having a a a hammer by itself Is not enough you have to know when to use it. So Backside front side so the tip so that this is my definition guys Okay, the definition for a lot of these people used to think that if it's under v-wap Veloined weighted average price It's going to be the backside if it's over it's going to be the front side And you know what man it's valid for whatever person's usage of that term is because you know what That is the one correct way to do it. Okay, but it's not the only one It's correct as long as you can use that To make money in the context of your strategy So for example, you talk about v-wap and then you can talk about the world of v-wap You know, there's like many different v-wap people think there's just one No, you can you can do it for intraday. You can do it for pre-market Also, you can do it for daily daily v-wap. Like, you know, like Stocks don't just trade one day and just end their career, right? Stocks been trading for many days ahead of time. So an example is rdbx. So let me let me turn up to this You can also have v-wap standing back a week So for example, this is a crazy chart rdbx. Okay, look at this man. This is a total trap city You know, look at this every day has been going up. Let me pull up even a Let me try this is a 10 day chart. Let me see what 15 days look like Even crazier, man. This thing started like under two dollars Came to ten dollars guys Where's the back side? Where's the fucking front side? It's it's confusing as hell that If you want to be precise guys Backside front side It's where the trend changes. Okay, where the trend changes But then ask me yourself another question. What is trend is another freaking rabbit hole It's like where is the trend? Look at this This thing was going up and then went down the trap it went back up went down So where's the front side? Where the hell is the back side in the parabolic? So in this case guys in this case, there is really no The back side the front side Dude, they could happen at the same time this this this right now look like the back side But then this could be the start of the front side just like this So the way you use that information it doesn't matter what the front side backside is It matters on your strategy guys. What's what are you using this information for because if you call this The back side, but this is actually consolidation. Some other guy can use consolidation It's been consolidating for three days I'm gonna buy it because it's clean it cleared out if you take a look at this It goes up it goes down it cleans itself out right and then it goes up it goes out it cleans itself up It goes up it cleans itself out it goes up And now it's all crazy. So now this is the squeeze and so what happens is this guys This is a what we call a blow off top for short squeezes And so now this is is this really front side. This is still front side though Is this back side? Well now it's pretty looking like it's pretty fucking backside But you see how confusing it is. But if you take a look at the one day chart, this thing was front side That was back side now it's front side. So So how do you use this information guys? so I I just wanted to spell the fact that there is no front side no back side that covers every single strategy is based upon your strategy guys So in in MIC we teach a concept called conforming to the chart This stock does not conform to the chart there The front side becomes the back side becomes the front side how the hell you can know So the way you use VWAP is this let me talk about VWAP really quickly guys So VWAP is a volume weighted average price. It just calculates where the average Buys and sales are of a stock. Okay, and then to get even more accurate information You bring up what's called volume profile So forget this VWAP now you have this thing called volume profile that shows you the price And where the most of the volume are so in this case the volume is scattered all over So this is why we came up with a concept called the death line Let me see we can see the death line for this SNOA See look at this guys. So all this is stock is SNOA it ran all the way back up. So what's front side? What's back side right right now as I know I say the the the VWAP is 382 So I don't have it on my thing, but I have it on this screen here Let me take a look at this stuff here SNOA You've got three less in here. So this is VWAP here So technically this is front side because it's trending up So when we talk about front side guys most of the time people talk about trend when it's trending is still trending up So when you talk about trend trend can go on for A minute it can go on for an hour it can go on for a day it can go for a week it can go on for a year It can go for 10 years depends on your time frame So now we open up another category. It's called time frame. You can have multiple time frames You know say so depending on your strategy if you are a swing trader Your time frame is going to be a lot longer than a scalper So your freaking trend is going to be different than us So it depends on the time frame how many days you look out how many years you look out how many minutes you look out It's going to change. So the definition of front side back side for them. It's going to be totally different You see that guys? So you see the complexity of the front side back side thing And so when all they're talking about is it's all in relation to something So you have to understand the the relativeness Of who is telling you talking about what backside front side is as a day trader Who's short intraday most of the time mostly time 99 percent time intraday Frontside backside for me refers to the intraday front side backside refers to the The trend on a more minute time scale on a smaller time frame So my so but for a swing trader you go That's your fucking bullshit because he's looking on a yearly time frame So so you have to be careful on where Who and what this backside front side applies to and this is where a lot of the confusion a lot of losses come because You know some guy goes this is the back side This is the back side go all in and you go in and get squeezed and then it goes back down after you get squeezed Right and you're like what the fuck happened. Yeah, because he's looking at it from a One month time frame that you know what he's gonna start nibbling in every fucking day The short because for him his time frame is a year your time frame is an hour So front side backside It's all trend is all relative to the time frame is all relative to the strategies What and then you determine what the front side backside? There's no one front side There's no one backside guys and that's the fucking truth Because you know what when I'm looking at this shit. It's like how even within an intraday scalper level There's multiple time frames, right? You look at the minute chart the five minute chart the 15 minute chart those things can vastly differ between backside and front side So if you look at a 15 minute time intervals Within that 15 minutes, you've already gotten backside front side a hundred times potentially right You can channel trading up and down. You don't know what the hell is going on But then when you look at 15 minutes, you can clearly see that within that 15 minutes front side backside So here's a trick for you guys Look at multiple time frames. Don't just look at one minute and three minute and five minutes Maybe try to change to 15 minutes one hour. They look at the daily chart So then you can have a big picture. So a lot of people ask me. Do you just use a line chart? Do you use a line chart and pie chart a whatever chart you want? I go and use as many charts as you can to paint the picture and understand What the stock is doing in relation to your strategy guys. So there it is guys So the way I use VWAP don't talk about VWAP really quickly Quickly get a pulse of who is stuck or long stuck or short stuck and then but I use the volume profile There's a little secret guys volume profile, you know saying so this is where most of the volume occurs So so basically back holder city all the volume up here the buying volume up here is up here So it goes under here. We call that the death line So right now snoa is in a death line kind of the mode But if it's a low float it has a lot of volume and is highly manipulated and own tightly the Float shares it can they can break the death line But most of the time I would say 90 time once once a once a stock breaks a certain line We call it the death line It's very difficult come back because there's a back holders all over every time it pops No one wants to sell Any questions guys We said a lot in this video you may have to watch it many times But once again when summarized back side and front side is relative to your strategy relative to the time frame that you do it guys So there is there is my answer a lot of people say it's bullshit bullshit, but you know what man Um In trading guys everything is relative guys you make a little money You think it's a lot and there's not a lot you thought you you short the top is only the temporary top You thought you covered that but the bottom is not the bottom right guys somebody bought it before you so It's all relative to the Is so it's all context context so just like reading the tape is context You can't you can't just look at it fucking bunch of prints that tell me what the hell's going on It's contextual to the chart So if you hit a resistance and you see prints and it's it's hiding shares Oh, okay, that's the resistance someone's selling Okay versus someone buying so it's all relative and contextual to the situation you're at The deadline we have videos on that guys I want to keep this short sweet guys, um a lot of information So we want to talk about the sell again my investing club comm slash spring any information you can text tosh It's on our website my investing club comm There's more information there guys and then we will talk as much as you want inside m i c front side back side V1 death line everything you want, but check out the videos. It was free on my investing club comm On um, there's a video. I mean my investing club the youtube channel as well. So All right guys get on this sell is a limited time. We're bringing back the monthly guys So hit us up because once it's gone. It's gone. So, you know, we um We're taking to use this opportunity guys to learn because there's no market slow people are losing This is the perfect time to join guys