 Because there's so much you can learn in trading, there's so many things you can learn. It's like you can go down to like a million rabbit holes, right? So how do you know what works, what does it, and how do you even know where to get started? So for beginners who are trying to learn to trade, the most difficult part is getting started. Once you know the direction and the path of what you need to study, you know the rest you can manage and you can learn, right? So the key is this, there's so many strategies out there. If you do not know what strategies work or don't work, you know you can end up spending a ton of money and a ton of time trying to trade a strategy that is just broken, that does not work. An example in my opinion is like trying to buy stocks that are on sale. If you're a long-buy trader and you're always looking for the bargain bin, the discount. Sure, once in a while you may get one great play, but most of the time stocks are on sale for a reason, okay? Stocks that keep making new loads will keep making new loads for a reason. The market has priced it in, right? And so you don't understand the dilution game, you can be stuck in a stock that the company is unloading hundreds of millions of dollars with a stock and you're just basically pissing in the ocean, dude, you know? And so in order to trade, you got to first figure out what strategies work and how do you do that? Well, if you don't know, if you don't get mentored, you're going to end up trial and error. You know, when I started trading it was very like, the logical way, like if I go shopping is buying stuff on sale, but you know when you buy stuff on sale guys, you really don't really like that shirt, I just buy the shirt because it's hella cheap. And the clearest bin is 70% off and then when I get home, I'm like, this looks like a piece of crap. I really don't want this shirt. I'd rather pay more money for a shirt I like and wear it more often versus trying to buy the cheap bargain bin stuff and then you'd never wear it. Same thing with stocks guys. Pick strong stocks making new highs because, you know, the old adage is, you know, CNBC always tells you buy low, sell high. You know, you have to buy high, sell higher. It does not mean chasing the offers, right? It does not mean chasing the breakouts. It means that you pick a stock with an uptrending chart. So those, some of those are the strategies that you may never figure out until you lose a ton of money. So when I started trading, you know, I'm always looking for the bargain this discount bin stocks and I hated those stocks. I'm like, why the fuck I buy this shit? And I look over at the expensive stocks and the expensive stocks kept on going up. And I'm like, what the fuck? So to write that down guys, it's not buy low, sell high. It's buy high, sell higher. Same thing with short selling. Instead of shorting high, you basically want to short low and cover lower, right? So basically look for stocks that are broken. So that leads me to this example, ACB, pull up that chart. That chart has been running, my goodness, for a week straight, killing everybody. All the shorts are trying to short high so that they can cover low. And so what happens is they end up cherry picking the stock. So the way you trade that stock, okay, I'm going to jump right into this. This is a huge powerful strategy that we implement on pretty much every, every type of these plays. And this is a, this is a way for you to, if you want to short or if you want to long, this is the way to do it on these stocks, okay? Stocks are multi-day runners like that. So the simple thing would be this, go long, buy strong stocks, making new highs. So last week, ACB was running. So what you do is you basically, you can keep holding it until it becomes red on the day. Or you are more advanced strategies, you use lines, right? Technical analysis, repel the lines. But the key thing is very simple. If you're long and stocks just keep holding it until it turns red on the day, so some of these could be multi-day runners, especially these, these Corona virus stocks that get hyped up, you know, and so same thing with SRNE, you know, all these stocks, APT, all these stocks, CODX, you know, eventually it will come down to earth, obviously. But the most simple basic trade is basically you buy when it's green, you sell, you know, multi-day when it's red. That's, if you just keep to that, you will not go broke, okay? And at least meet to this red day strategy. We talked about this called the first red day. And so that stock, ACB has been running for days. It's been running for days, man. And people always try to cherry pick the top. You know what, man, some of these stocks don't need to go down. You have cases like Beyond Meat, Tilray, you know, drives back in the day. That's got to be like ballistic levels, like $100 a share, $300 a share. If you think these stocks must go down, you are wrong. You're absolutely wrong. Eventually they will. But you know what they say? They say the markets can remain irrational longer than you can stay solvent. So eventually you're going to run out of money, but you're going to be right. It went down, but you're going to be broke before it went down. So timing is key. And trading is all about timing. No shit, these are stocks that are crappy. No stock runs from like $1 to $10, right? Things like that. And so all these smart guys are trying to tell you, oh, it sucks. It sucks. People are stupid. Why are people longing this shit? It is a turd. And but the stock kept going up, kept going up. You know, and the stock's up 300%. So who's really stupid? It doesn't fucking matter. Stocks are nothing but a trading instrument for you to buy and sell. And so the simplest way to trade these big stocks is just you cannot hit the top guys, because you're going to lose. Even if you nail the top, it's with small size. The only way you fully size in is if there's two scenarios. The classic amateur scenario of sizing in is you keep adding to a fucking loser until you're max size, and then you fucking pray. You pray that's the top. But it rarely happens where you can get full size at the top. It's very difficult. OK, don't even try that. The best way to do it is just to wait for the red day. That's what we call very simple, first red day. So ACB today, if you take a look at my chart, I started a little bit earlier, so there's a couple of ways to do it. So the little more advanced strategy is basically wait till the VWOP line gets broken and gets confirmed. So you take a look at my, if you go to Twitter and you see my ACB, actually started very high, right when it broke VWOP and I waited for the bounce. And then when it went to red, that was a confirmation. So there's multiple ways to trade it. That was not my main focus of the day. Unfortunately, I didn't really think it's going to go down that much like that. Because, you know, to be honest, I didn't trade that stock before. So, but using the strategies we have, the process we have, you know, it worked. So waited for the red, shorted the bounces, all the bounces. Because once, this is the first time it went red. It's as simple as that, guys. But simple is not easy. People often confuse simple with easy. You have all these people teaching you all these complex fucking bullshit. Because, you know what man, they're trying to impress you to think that they're smart. The real smart traders are the traders that have a very simplistic model of trading. But it's not easy, okay? The simplistic model revolves around strategies that work. If a strategy is too complex, dude, you know, it's not going to, unless you've got fucking like PhDs and shit and you're running a quant fund, you know, it's not necessary for you. You basically want a simple basic strategy that is repeatable, that you can explain to your mom. First red day, that's a strategy I can explain to anybody. So, ACB went red and that was basically what the choice. We had no FOMO leading up until today on that stock. I don't care if it went up, down. I didn't get the top of the stock. Trading is this, guys. Trading is not about getting the tops and bottoms. Trading is about timing the move and just getting the beat of the move. Your job is just to be fucking on the right side of the trade, okay? And the profits will take care of itself, okay? So listen to me when I say it right there. Your job as a day trader is to be on the right side of the trade. There's many strategies out there, okay? We teach many strategies. Red day is a strategy that's been proven because it's very simple. If you think about logically, right? Everybody is holding on to that stock. ACB, if you're along, why would you sell? It keeps going up until it hits red. When it hits red, it means the buyers have been exhausted. Who else is left to buy? And just simple as that, you know, people don't like to wait for that because they're like, oh, dude, I'm giving up $2 to share on that stock. But that $2 to share is your insurance policy, guys. Is your insurance policy that you don't fucking get ran over? Remember, your job is not to be the hero to brag that you got the absolute top tick. Your job is just to be a very good timing to be on the right side of the trade, okay? So the right side of the trade is when it went red. As simple as that, you can start early than I did on VWAP breakdown and things like that, but you have to have a strategy of risk management. Because if that VWAP gets reclaimed and broken again, you've got to stop out. It's better, guys, just to wait sometimes, like I said. And make your 50 cents, make your dollar. Remember, most of you guys are beginning traders. You're not here with a 50,000 share position on that stock. You'll be very happy with a few hundred or a few thousands of dollars on that stock. Even a couple, like a thousand shares, you can make you great money. And just wait, everyone got blown up on the way up, all the smart short sellers, you know? And we just wait, same thing with this VTIQ that we traded last week on the first red day as well. So that's a very simplistic, but not easy. You know why it's not easy? Because you have to wait. The waiting part is the hardest part about trading, okay? The strategies we all can teach you. So in trading, I'm telling you right now, man, try out an error to figure out what strategies work. And then when you figure out what strategies work, you have to create a repeatable process around that. So right there, those two steps may take you years. You may not even do it. If you're a beginning trader, how the hell do you know what strategies work? Unless you lost a lot of fucking money. Yeah, if you're lucky and you start making money from the beginning, and you built the process around it, but it still takes time, guys. So when people say like, oh, I don't need a fucking, I've been trading a long time, I don't need to join MIC or anything like that. You join MIC to save you time and money and frustration. You could be a better trader than we are, than I am. I don't really give a damn. You know, I hope you are a better trader. We're building traders that are becoming better than I am. I love it. That's because they bypassed the learning curve, guys. I have exhausted years, Alex and I have exhausted years, and hundreds of thousands of dollars to lose, to lose to figure out what works and what doesn't. And that's how we came up with First Day Red, First Red Day. Zombie rules, so you have to learn all these things, which, man, even after all these years, we're still learning, guys. And you know what, the learning curve has been reduced down significantly. Doesn't mean you're gonna be the best trader. Doesn't mean you're gonna be profitable and consistent right away, but the key is it gives you a fighting chance to know what works so you don't have to spend a year and tens of thousands of dollars of losing trial and error to figure this out. You know, if you want to do that, go ahead. There's a lot of people that trade for an ego. I don't trade for an ego, guys. I trade because I love it, plus the main thing is to make money. If I did not make money, I would not be fucking loving it, to be honest, right? If you're getting your ass kicked every fucking day, how can you love it unless you're a masochist? You love it because you know what? You think that you can become good at it, and then you get the glimpse, just like, you know, then you get a glimpse of like hope. And so that little hope drives you. But the problem is this, guys. I'm gonna reiterate it last time. The problem is that little hope. If you made money because you got lucky, breaking rules that you don't know what to do and you cannot recreate a repeatable process around that, that hope is actually a fallacy. And it's like, that's the hope that makes people go broke. Because they're like, oh my God, the last time I chased a stock that was beaten down, I made money. And so you're always looking for that one scenario, which will never happen. You've already got it. You got that fucking one in a hundred scenario where that piece of shit stock actually made you a lot of money. And so that's what I call bad habits. Because when you're trading off a bad habit, you don't, you know, only luck will save you. Because trading is a game of probability, guys. Technical analysis, all that is what? Statistics, probability. You know, what's the odds that will happen again? So the only way you can figure out what's gonna happen again is using charts. Chart is not 100%. Chart is a guideline, it's a map. But these maps change on the fly, right? But that's all we have to work with. We have to work with all these clues, such as the charts, such as the filings. But once again, one off instance, a one example is not gonna make you a confident trader until it happens over and over. And so that's what's very difficult about trading, guys, if you're starting new and you don't know what you're doing. Because you don't know if this was an anomaly, like a one-off scenario, right? Or if this is actually true strategy. And so that's the main reason to join, I think, man, to learn the shit. Because I don't want you guys to go broke. I was fortunate when I started to have money because I had a day job. And so I kept funding my account until I figured out what fucking works. If I just known this thing from the beginning, you know how much of a better trader I am. I have so many fucking bad habits, guys. Because I'm doing all this crazy shit back in the day. And it's very difficult, because I got rewarded. I got rewarded for bad shit, like not using stop losses. So now I'm starting to use stop losses more. I'm starting to stop out. Very example is just an amateur short strategy just keep adding and keep adding until the fucking the stock goes down, right? It works all the time, guys. If you have a big enough account, it works all the time until that one fatal blow that you wipe out your entire life. And that's what we don't want you guys to do. So that's the first red day strategy, guys. That will save you a lot of money if you're shorting because it's very difficult to sit there and wait and not trade for an entire day or two days or three days. Because that's, but when the timing comes, that's where you make the big bucks, guys. Because everybody else has exhausted their capital, mental capital in addition to their monetary, fiscal capital, right? Financial capital. So patience is the key, guys. And to learn the right strategies and to build a repeatable process around that based upon risk management. You always have to have risk management. Like I said, man, I used this analogy often before. Imagine you go to a casino and you're playing blackjack and you don't have to bet. You get to see your cards before you bet. Do you think you will lose? You may lose one or two hands, but over time, you got kicked the casino's ass. You get to see both your cards. If you're a dumb ass, you start fucking betting because you have FOMO on your board, 12, 15, 16. But if you have to patience, I'm only going to go in on 20s. Maybe not even 18 or 19 because that gets beat all the time. I'm just a wicker 20s. And then I would have fucking like size of my bets. But once again, never go all in because 20 gets beat by 21 all the time. You see what I'm saying? So you're playing by the odds and the probability. So that's what I'm trying to tell you guys. So plays like first red day, things like that is waiting for a 20 blackjack hand. It may not work, but it's a huge probability that you will make money, but you will not make money 100% of the time because 20 gets beat by 21, a blackjack. All right, what else are you missing there, Alex? I'm going to make a short screen. Anybody want to get on guys? I'm going to bring someone on and maybe discuss a strategy they're working on or raise your hand if someone wants to be on IG live or you go through a strategy or do anything you guys want. Simple as that guys, but it's not easy. Like I said, simple does not mean easy. Hard as hell to be waiting until not to have FOMO. That's the killer of most day traders. FOMO if you're missing out as well as over trading. All right, I'm going to bring on Zach. Hey Zach, I like to see a new name. So this is a new name. I feel like, hey buddy. What's going on man? What's up? What's up buddy? What's your name? Where are you from? What's up? My name is Zach. I'm from Tennessee. I'm a nurse. I actually... Oh, you're the guy that just joined. Yeah. Yeah, that's sweet. I remember it now, brother. Yeah. Tell us your experience because I remember it. You're like, after 20 days in, you're like, dude, this ain't for me. Yeah. What changed your mind? Tell us everybody what's going on. Yeah, I was that dude. I actually reached out to Alex and he's like, man, you've been here for 20 days, bro. So... Because you wanted to quit, right? Because you're like, dude, I didn't see the results in 20 days. So tell us the whole thing. This is a great story for everybody to hear. Well, to be honest with you, I was putting a time in on videos, but I wasn't really sticking to my process, sticking to my plan. And then I went back to paper trading, paper traded for the whole week last week, made about, I think I made like right at $500 last week. And then, I think this week, I've made about $150 far as like live trading. So it's been, you know. So you saw the DVD, right? I mean, the course accelerators. I wanted you to talk about that. We gave you the special early release on that. Thank you. Yeah, see, I like the accelerated cause it goes in like chronological ordering. You don't have to flip back from video to video. You know what I'm saying? It just goes, and I've actually watched it. I've watched it like three times and it just, it just helped me to kind of stay in the lineup, I guess. You know, it went from just the basic, all the way up to the strategies, all the way up to the very end, you know? It helped me a lot. Definitely. Yeah, that's exactly what I said when I began the IG. It was like that. Starting a trade is very difficult because there's so much to learn and you don't know the order and the path and what to do learn first. And so, Alex sent me the message like, after 20 days, you're like, dude, I'm kind of confused. Which is normal. When you get in, you're like, holy crap. I don't know what to do. There's so much confusing things, right? And so that's when we created that course, the accelerator, it's coming out. And so Zach got an early preview of that. Hey, what do you think, man? What's the review? You like it? Oh, man, it's A plus. That's game changer, right? Yes, for sure. You know, I was just downhearted. I was gonna stay because I'm an annual member anyways. I wasn't gonna give up. I was just frustrated. And then, you know, all the material that's in the accelerator is in the videos. It's just, I just like how it's all in order. You know what I'm saying? And you can just go right down the line and it's awesome. It helped me tremendously. That's awesome. Let's go out of here. Well, that's when we've been working off in the past half a year. So like I said, man, trading is simple, but it's not easy. You see that? But now you understand the simple stuff. Like tell us what you traded in this week. Well, I traded, I traded ACB today. I was looking at the first red day yesterday and then last night I was actually online at like about 12 and I seen somebody was watching a first red day setup. So I took a couple of hours to review it and look at it. It was actually Faye. She talked about how she was gonna watch for the sector player or whatever. And I think it was in after hours. So I watched that video a couple of times and I just waited on it this morning. I didn't make a big dollar amount on it, but it was green for me. So it was good. Correct. This is the learning process. That's the first time you did that strategy, right? Yeah, very first. I've been doing first bounce. So I did the first red day today, so. So that's great. That's how you do it, man. The more you see of these, so now you know what to look for the next time it happens. I love the way that Zach did it. Let me just kind of summarize what he did. So we went to what we call after hours, which is our channel that's open 24 hours to where members are helping members. It's like a chat room, right? It's a hangout chat room, but people are helping each other. So Zach just saw the first red day. So he's like, oh, shit, something must be else. So everyone's studying on that, right? Yeah. Sure enough, they were studying because of ACB. And so now, even though you've been out bank money because you just started doing this, you can go back to the video that you learned and not compare it in real time today to ACB. Yeah. And then you could paper trade in your hand how you would have done better next time. Yeah, it did exactly what the video showed, even on the, because it was a cannabis play, I think on the video that was shared in after hours. And it did exactly the same thing. You just waited on it and then it tanked. Yeah, that's awesome. I'm so glad, man. So you're using hard stock too, right? Yeah, I'm doing a small size. I just, because when I first started, I was like, man, I got to trade like a thousand shares to keep up with these guys. And I was realizing that my hard stock wasn't, it was too close and I was risking too much. So now I just trade a hundred shares and I risk 50 bucks. So I can risk almost a pretty good chunk of it and it helped me. That's the key, guys. You know, size down, widen your stock, you become a much better consistent trader. And then you can add size any time you want. Yeah. That's awesome, man. You got kids back there taking care of the kids at home? Yeah, we're actually getting ready to play. You know those little, these little poppet things, these TNT poppet things, we're about to hit those up on the porch. Oh, those are awesome, dude. Well, thanks for coming on, Zach. I'm glad that you're learning. Yeah, appreciate it, man. Thank you for everything. Appreciate y'all. I'll see you in the room, Zach. All right. Bye, man. That was pretty awesome. That was the first time I talked to Zach. It's so weird because we were just, Alex just mentioned to me about Zach. And then as Alex was like, we're gonna send him an early release of the accelerator course. And after he saw the accelerator course, he saw what happened. He started making money. So I guess it validates itself. So hit up Tosh, guys. We're gonna offer a very limited time of the accelerator course that is gonna be given to all annual members for free in the beginning, only in the beginning. Perhaps it is just one month. Okay, after that we're gonna start charging. So this is an early promo, guys. Okay, so text Tosh, accelerator. You don't even have to spell it correctly, right? Just text Tosh, type your number, and then get on to this accelerator. We're gonna give it up early access for the guys that joined today, okay? This is where the guys that joined today. So join up, guys. And the rest, everybody, we're gonna release it very soon, but we still gotta package it up and everything, okay? How do you have the accelerator course? You text Tosh and he will tell you. Text Tosh, Tosh, type your text, and ask him about the accelerator. And you hear it right there, man. That one thing was not scripted, and it was funny, that Zach raised his hand, because I love it, I love it. All right, guys, we're gonna leave that here. You're luck trading, and we'll see you in the room. Text Tosh, accelerator.