 for four and a half years now, I used to work at Starbucks before and the reason I got into trading is because my girlfriend dumped me and I wanted to get rich. It's pretty simple like that. Not really, she was, I don't know, she was hot. I don't want to talk about her. Anyway, I saw all the things online, I've always been into the whole Wall Street movies, all these guys in the night suits and the nice cars and all that stuff. I think I could do it for myself as well. So again, I dived into it. I found some of these online gurus that everyone else gets into and falls into their trap. Long story short, I lost money my first year going long the breakout. I always used to buy at the highs, I always used to sell at the lows and I started to recognize that if I didn't change what I was doing, that was it for me. I wasn't making that much money at Starbucks. I was making $100 a week and if I put $60 to gas and the rest of my girlfriend, I didn't really have much money. It took me to break up with her to start to accumulate some money. Then I really started to find success when I sold my wheels on my car for $2,000 and funded another account because I was just like, fuck it, I need to do this. I want to do this. I see myself making money on some of the trades, but I'm losing also because I have no discipline. I have no plan. I don't know what I'm doing. I'm just kind of winging it. I'm not going in with a plan. I'm not going in with a strategy. I'm just doing whatever I think is right and that's wrong. You got to kind of make a plan before everything and know how to attack. You got to know your technicals. You got to know your fundamentals. You got to know all this shit. So long story short, after my first year, I was losing money and then I started to kind of find out what shorting was. Someone mentioned that you could make money when stocks go down and I was like, shit, I'm good at that. Every time I buy a stock, it goes down anyway. Let me just do the opposite and that's it. On my first trade, I shorted 2,000 shares of a stock called VGGL and it dropped 50 cents instantly and I made $1,000 and I was like, holy shit. I got it. This is the holy grail. I found it like, boom. So over the years, I was kind of trying to refine that strategy and kind of see why the stock went down. Was it technicals? Was it fundamentals? What was the reason for it? I started getting a little bit better but then I started to realize I had no risk management. I was not stopping outright. I was just doing whatever I thought I was doing again. I was just kind of winging it again. I wasn't making a plan again but I started to find profits going short. That's where the whole thing of kind of making a plan came into place where before I entered a trade, before I did anything, I would have to make a plan for it. If my plan was there was a daily resistance at $5 on the chart, I would short and near that number and if the next resistance or whatever it was, I would make sure to have a stopout point. So I guess over the years, I've again refined that strategy and kind of got them better at reading tape, technicals, fundamentals and all that stuff and I started to realize that the tape tells the story. It's almost everything is about the tape. So I've sat there for hours and hours just watching the tape till like my eyes literally bleed or even today like I didn't want to trade today but I was watching AXO went and it was like a movie. I cracked open a beard. I was sitting there watching the tape just mindlessly just watching to see what I could find and like I said now four four and a half years in I'm starting to find real solid large profits almost consistently I've been I think my longest my biggest month was in January which was around 650 grand and my longest win streak was about 33 days this past month which was around 300 grand and again I kind of mentioned I talk a lot on Twitter about like kind of my journey to kind of see if people could relate to it or if I could kind of help people I always respond to everyone that messages me I always respond to everyone to see kind of like a way to pay it forward right so I had a loss on Twitter yesterday which was like $1,000 and I kind of went back and I said you know if I made 300 grand in 30 days and I lost $1,900 on Twitter that's the definition of risk management I'm not losing all my money that I made I'm making a plan and I'm making sure that again I stick to do it I'm doing everything right so I guess that's just like a little bit about me so anyone has any yeah so one of the things that that's interesting and reading about you I'm listening to your podcast is that it seems as if you know for example when everybody was trading dry ships you were looking at the in sympathy plays and that yes your strategy has sort of evolved into not necessarily trading the low floats or the stocks that are most in play but sort of the secondary stocks yeah yeah because it basically stemmed from the fact that I couldn't get the borrow on dries so if I said I can't get the borrow and these other shippers like ESEA or TOPS or DCIX are all moving and the borrow is cheap and I could get it once you cut off the head of the snake which was dries all these other ones felt like that so that's kind of where I started to realize that was kind of like the game-changing moment that I started to realize that you know there is a lot of money to be made on the stocks that people aren't really watching as well like how many times you trade a stock only to see it three or four days later do exactly what you wanted because everyone forgot about it or you shorted a stock at five and you got stopped out at 550 but a week later it's down at four dollars it's just when people forget about stocks when the kind of volume starts to fade away these things really just unwind at least in the small cap world so again when dries collapse that day I think it was November 12th or November 8th whatever it was I remember saying to myself because it was halted before so it was halted around like $100 and then they unhauled it because they had an offering and all these other shipper stocks like these SINOs I went from a dollar to $14 and literally three days you know that stuff is not going to sustain itself it's not going to hold forever so again once the head of the snake dries got cut off I went in full as much as I could balls deep short and all these things and I had one of the best days in my trading career so again it goes to the fact that making a plan knowing what you're doing knowing which stocks to attack which stocks to avoid or even we're talking about today a exo when I start I saw that you know the shares outstanding is 100 million shares but their float is 30 million shares if they're trading 30 million shares in 30 minutes into the day stock is up a hundred percent it's almost easy to borrow everywhere you better believe that you know that shit's going to keep going higher and then I think there was a midday downgrade that kind of trapped a bunch of people and then you see the last 30 minutes in the clothes that goes straight up on air so again recognizing that that's probably gonna hit $5 or $5.50 in the morning and starting to realize that seeing these patterns happen over and over and over and over again that's when you start to really like capitalize on them so the fact that was easy to borrow it's also about knowing what the sentiment in the market is lately I feel like everyone on the internet is now getting into being short so everyone wants to short everything so most of their brokers are not allowing borrows in some of these low-float stocks so they start to realize oh shit if this guy is making 10 grand shorting if this guy is making five grand shorting and today there's a stock that I could finally get a locate on that's up a hundred percent that's in a sexy $3 price range that are gonna be like hey you know they're getting FOMO they're gonna want to attack it and that's what happens today everyone got FOMO everyone want to attack it you know you get that morning push comes down and then I think it was 10 minutes into that day it had a candle from 350 to 380 and then as soon as you see that shit you know that's gonna go kind of straight up but again they kind of trap all day they were consolidating around the pre-market highs and stuff it's just recognizing all these patterns over and over and over again seeing that's easy to borrow seeing that people are in a market they want to short and they're getting FOMO they're getting antsy and they're just recognizing all that stuff like if I was home right now and I was on my platform I would probably be long overnight because I know that shorts had no chance to get out and being a short seller myself I start to recognize when people are trapped I start to recognize because it's happened to me so many times that I'm starting to finally see that you know there's might to be made going long on some of these plays as well yeah I saw a tweet that you wrote recently where you said you want to start working on your long game yes I know there's a lot of guys who are really strong short sellers in the room who are working on that as well yeah anything specifically you're doing to think about how you can get better at your long game for some of these opportunities I'm just testing it out and diving right in because the way that I see it is that like I had a tweet the other day let me see if I could read it I'll kind of explain everything better but you can't read about doing push-ups you don't go to basketball school you play basketball to get better at basketball this applies to trading stocks as well no matter how many books you read or videos you watch you will not succeed until you dive in so I don't see myself getting better at longs until I start testing them out and going in and doing it myself so again yeah I'm gonna lose money because I'm still trying to get better at it but you know I'd rather be losing $500 a day or $1,000 a day for that opportunity to make $10,000 a day consistently after I refined my strategy so again it's all about risk management it's about you know taking smaller size on the long set let's say my starter position on the shortest 10,000 shares I'm gonna be taking 500 or 1,000 shares on that long trade just to get better at it just to practice it just to dip my feet in and you know see what I could learn from that because you know when you have stocks like drives as much shitty stocks they are they went from six dollars to a hundred dollars their stocks like it was a CDSI was that one that went from fifty cents to two dollars and fifty cents or whatever was like there's money to be made on these long trades or even Tesla today like you got to be shitting me like if you're not both a long-end short-buy trader like you're missing out on a lot of money that's out there and I don't want to miss out on anything I want a piece of all of it so the only way I'm gonna get a piece of all of it is if I start to learn how to do all of it and that's why I've been trying to dip my feet into options as well that's why I've been trying to dip my feet in everything and the best teacher that I see is literally doing it yourself and learning from your own mistakes because no matter how many book books you read about risk management no matter how many videos you watch on internet or YouTube or whatever it is until you're sitting there with the chart and the level two and all the buying power in your face you don't really know what kind of way you're gonna react in that situation so another thing that I think I pick up from your tweets is that it's really important for you to be green on the day yeah why is that well it's not about being green on a day it's about making sure I followed my plans so if I'm green on the day there's been plenty of times I have not followed my plan I've been green on the day and those are days that pissed me off the most because I don't want to be making a $5,000 because I was stubborn or greedy or egotistical I want to be making that money because I followed my plan and I did exactly what I was supposed to do if I'm following my plan and I lose that's a winner to me because I know that in the long run nine times out of ten that play is always gonna pay me there's always gonna be that one time that you know I kind of lose on it so it's all about trusting your process about again I know I keep referencing Twitter all the time but there's so many like golden nuggets on there like for example some guy said he was basically saying like how many times have you been in a trade only to kind of freeze up because of it or not really know how to attack or not really know what you're doing and let me see it's just give me a sec sorry if you find yourself mentally freezing up for every trade understand that this is totally normal and every trader has experienced it however this is also a subconscious sign that you don't trust your process you must be all in on your approach so if you're hesitating and if you're kind of panicking or if you're kind of not doing what you're supposed to it means that you still don't trust your process you still don't trust what you're doing like everything that I preach on like the internet is about trusting your process knowing like to make your plan knowing what to do making sure that there's something solid there's something concrete that you kind of go back on and it's consistently again make money it's not about making ten grand in a month it's not about making a hundred grand a month it's about making that money every single day it's about coming to the market and being able to pull money out of it every single day rather than having that one giant winner because anyone I think can make money in the markets I think it's really easy to make money in the market it's just there's not many people that are able to keep that money a lot of people start to get egotistical and start to lose that shit almost instantly so it's just a matter of kind of remaining humble and realizing that you know shit could always change there's always that one trade that could kind of change you so it's just stick to your plan stick to your strategy and just don't waver no matter what can you describe to us your review plan at the end of the day how do you review your training at the end of the day yes let me kind of walk you through like my normal day okay so I'm always awake really early I guess I have like some sort of sleeping problem I'm up at like 5 a.m. every single day and you know I take a shower brush my teeth I eat breakfast and then I get right to the computer and I say okay which stocks are since I'm short so I look for the stocks are gapping up the most to whatever I look at which stocks are gapping up the most I checked the hot day list I checked my top list I checked the scanners I do whatever I have to see which stocks are up so I see okay XYZ stock is up a hundred percent pre-market because of some contract that they got so I say okay first things first is on these small cap companies allow more shady and they released the same news six months ago so I see okay did they release this news before time or did they really sort of another time and what happened the last time they released that news if it was that the stock went from two dollars to six dollars and then close at three dollars I and I know that you know the daily chart says that it kind of has that one wick where it kind of gives back all the time I know that that's a type of stock that I'm interested in shorting on day one but if it's kind of a stock that the daily is really beaten up and there's not really too much going on or like a 52 week breakout I don't short those at all because I don't see an edge in shorting a 52 week breakout I don't see an edge in any of that stuff so I look for my edge and then I check what the float is if it's a low-flow high-flow institutionally owned I check the following that there's any ATMs S3s check their cash situation last time they raised last time last time anything else that's happened and then from there I look at the chart I always base my trades based on the daily chart I see where the resistant spots on the daily I see what were the levels that gave this stock the most trouble last time and I make a plan I say okay $5 was the top end of this week my short is gonna be based off $5 with a stop on 525 or whatever it's gonna be make my plan hopefully I get in right at the open spikes up like I said make sure I have my borrows and then I attack from there and then close my position and then at the end of the day usually is when I take a photo of my chart with the entries and exits I print them out and I kind of go back and review it at the weekend to see which charts are moving how I played it and how I could kind of improve on playing it next time so again everyone has their own process that they kind of focus on everyone does their own thing but if you're not kind of journaling your trades if you're not kind of watching how your trades are going if you're not kind of critiquing yourself how are you how would you ever expect to improve it's just a matter of again refining your strategy and keep on trying to improving it making sure that again like I said I make sure I print out all my charts with the entries and exits or take a screenshot or whatever it is like yeah it's cool to make five grand on a chart but was I following my plan is what's most important because I can make five grand a thousand times with that one time I could lose all of it and more so risk management everything it's just a matter of seeing what works for you like I know a lot of traders that are making a shit ton of money going long and a lot of traders that are making a lot of money going short but it all comes down to the fact that they have a plan and they're ready to kind of execute on that plan they have there's certain setups that are a plus setups that you know no matter what whatever they see that shit they're gonna go all the and as far as when when you know this is you spoke about your winning streak before yeah yeah how do you scale yourself up as far as risk wise that's a great question well it takes time I mean like I wasn't always trading size either before there was scenarios where like I said my first trade on VGGL was 2,000 shares short now if I'm in 2,000 shares it's because I've partially filled my 10,000 share order right so a lot of things have changed it's all a matter of building confidence first being able to see that those setups that you've been playing small size on are working and then slowly when you see those setups happen again to then like raise your size up if I'm shorting 50,000 shares on the stock if I'm trying to learn how to go long I'm not gonna go long more than 5,000 shares because I don't know what I'm doing I don't know like I'm still learning that whole process as well so once you kind of find a strategy that works for you once you see that it's been bring you profits consistently then you have the permission to scale up because again sizing is sizing is not easy there's a lot of stuff that goes into it there's slippage there's emotions there's if you're losing you know a thousand dollars on every tick that the stock is moving every penny that the stock is moving there's gonna be heightened emotions there's gonna be some people that literally can't handle that some people that are gonna freeze when the stock goes against them so it's not like an overnight process it's not an easy process but again it takes time it takes to refine your strategy to be comfortable with it to make sure that you've done it plenty of time to see work over and over again to again give yourself the permission to kind of scale that up because I it was actually funny because I don't know why I took all those pictures of my P&L's from back then I guess I was just kind of excited I was making money like finally I said fuck it let me take some pictures of it but so there's been plenty of times that I've been posting on Twitter that I've made like 10,000 20,000 30 40 50 100,000 in a day but people like oh shit this guy can make that much but they don't realize that going back to my chart like my other plays I have one from let's see December 15th 2014 I made $333 on American Airlines December 29 I made $80 on GoPro March 4th I made $450 on NVGN March 5th ZIOP $156 now fast forward to the end of it you see 104,000 on the days of Shipper Crash 67,000 on Drives 15,000 on MOTS 12,000 on here 13,000 on Spotify 6,000 on Blank 61,000 on UDXY like it takes years and a lot of sacrifice blood sweat and tears and a lot of emotions to start to realize that it's all fun and games when you're trading 500 shares but when you're getting in there and trading 50,000 shares or 100,000 shares or 200,000 shares of drives or whatever it is everything changes like you have those sleepless nights you have those times that you don't want to leave the house when you have a bad day you have those times where you kind of pick a fight with anyone in your family just to release that anger and most people want to make that that stupid money but they don't realize that it really affects your life in a negative way as well if you're not really prepared for it so sizing isn't a matter of just doing it just do it you have to earn the right to size up and you have to start to realize that you know once you size up there's no going back there's never time I'm ever gonna go back trading a thousand shares because one it's not exciting two I feel like I'm losing if I'm making a hundred dollars and three it's just not fun anymore it's not fun like I love like I love trading size but again it's not easy it's not you shouldn't ever be comparing yourself to someone that's been trading size a good friend of mine Eric Woods been trading for 10 20 years and his star positions 50,000 shares there's been plenty of times he's in a short you know 300 400 500,000 shares he made three million dollars when drives collapsed because he was holding 500,000 shares for a month and you start to realize that I'm not Eric would you know he's bald like he lost all this hair because he's so stressed out like he smokes all the time he drinks all the time like like that's not the life I want man like I don't want that shit but again people are intoxicated by those big profits so they try to dive into it before they're really ready and that's the one thing that I always suggest against like don't do it until you're ready for it don't do it until your strategy is working for you because like I said you're not going back after that it's not going back like you won't no matter what you're not going back to trading small size so take your time like again I'm four and a half years in and I can't wait to be trading the stupid size I see some of my friends trade but again you know I don't have a ten million dollar account I don't have all the stupid money to play with that you know these other people have I don't that's just not me but again you know I'm happy doing what I'm doing like we go we party all the time all every weekend we have a great time I'm 23 years old like why am I going to lose my hair like it's just a matter of knowing what type what type of person you are and knowing that you know I'm not Eric I'm not X I'm not why I'm not Z I'm myself and you know my journey is different than anyone else is so you can't be comparing yourself to anyone else well what I like to do what I used to do is I used to just trade like let's say I had a giant loss I would say okay fuck you I'm always right market like you can't squeeze me you can't beat me I'm gonna come back and I'm gonna take my money and that was the wrong mentality I learned a lot of times that if you do that the market is always right she's always right so what I've kind of learned is that it's okay to take a day or two away from the screens like go to like go hang out with your friends like go in start to realize that life isn't always about you know the hundred thousand share seller on tesla at three hundred dollars or whatever it is it's not always about that stuff so kind of going back and hanging out with my friends are kind of going back to reality and kind of recognizing that I need to clear my thoughts I got to clear my emotions I'm too emotional right now to trade like for example if your girlfriend cheated on you or if you're having problems at home or if something's going wrong you shouldn't be trading because you're not emotionally stable you have to be emotionally sharp you have to be emotionally stable to make a dollar in this business because if my girlfriend cheated on me or if someone did something on me you better believe like I'm going to take my anger out on the market I'm going to size up to try to make more money it's just I feel like it's just human nature but the moment I start to step back and realize that like let me just take a day off man let me go buy something to make myself feel it let me just do anything to get away from the market for at least one day to kind of clear my thoughts and come back the next day a lot stronger so that's been helping me just kind of getting away from the market clearing my thoughts and realizing that you're probably going to be emotional after a massive loss so take yourself out of that equation don't come back to trade the next day at least sit there and watch or do something else to kind of just clear yourself because if you don't have a clear head there's no shot you have any edge in the market so I I listened to an interview with you and you said that you had previously before you found success found a lot of not so much success it took you a while to learn the ropes you look you smaller trade of course yeah hasn't everyone yeah yeah yeah it's only normal so what changed from you doing that to finding success in only a matter of probably what two years before you really found success yeah well was it more psychological or was it more like fundamentally processed I started to get better so something that really helped me is that I was kind of always going in there winging it I would wake up at 9 a.m. and I'd see a stock that's up 100% and I'd say all right you know whatever I'm just going to short it here and do whatever I want now I finally have like a plan in mind I wake up and I don't care who you are I don't care what you do if you're not sitting there throughout pre-market and just watching everything watching every single tick no matter what sitting there from 7 a.m. to 4 p.m. staring at the screen and trying to pick up the little nuances that most people are missing you're at already a disadvantage so I started to commit myself to my craft I said I want this to work I want to be the next whoever it is I want to kind of prove everyone wrong I want to say screw you to my girlfriend or whatever it is and I hate her so much I hate her so much I hate her so much yeah so yeah I guess whatever if that's what it costs for me to get to where I am now I'm thankful so yeah I was making a plan now that's all came down I was making a plan I was going into the market every single day and saying these are my entries this is my resistance spot this is what I see on the filings this is what it is and then once I see that 50,000 share a hidden seller on the tape showing 100 shares on the ask and he's filling filling filling filling he's not budging I'm going to smoke the bids myself I don't give a shit I'll do it myself like who it doesn't matter it doesn't matter once I see that sign that it's kind of reconfirming my plan I'm going to take action I'm going to take action because I trust my process so well I trust it so much that I know that nine times out of ten technicals are everything the chart always follows the technicals always you always look back and you'll always see like AXO and has gap for that 550 or 560 or whatever it's probably going to hit that shit tomorrow and then that's going to be my entry for the short so I'm making a plan I'm always making a plan if you go in there and just wing it every single morning if you're not going in there and making sure you're sitting there longer than the next trader yeah disadvantage screw it eat lunch at four bro that's it I had a question yeah so AXO and TIE 50s are level tomorrow when it goes up there how are you actually executing can you scale it let's see let's see what they have half in the strength half on it on a peak like what are you you're gonna wait for a kill candle to size in yeah so I usually okay so I'm kind of uh I get full like anyone else right I'm not I'm only human like if I see it going there let's say my plan is to take 50 thousand shares short on it tomorrow because it's day two I feel a little bit more comfortable taking it if it goes up to that 550 level and I see that you know it's starting to exhaust itself I'll take 10,000 shares I'll put it on right there and see how it's trading just to kind of get myself a better feel of how the stock is trading because you don't really recognize how a stock is trading until you have skin in the game you start to pay more attention to it you start to realize that you start to see the little nuances so I'm going to take a starter position there based on my plan and then two things are going to happen after that either it's going to go to 275 and I'm going to stop out or it's going to go from I mean it's going to go to 575 I'm going to stop out or it's going to go from 550 go down to 525 bounce to 540 and then come back down on that second lower high is what I'm going to take another 10,000 shares on it so I'm going to have 20,000 shares and then what I like to use is VWAP all the time that's my number one indicator so if it's under VWAP and consolidating under VWAP and start to break down under VWAP on day two after it exhausts itself then I'm going to dump in that extra 30,000 shares and then from there I'll have 50,000 shares at whatever average probably at a stop at high of a day at 550 to kind of mitigate my risk and then if I start to realize that you know the news is bullshit or whatever it's going to be I either make a plan of covering half based on the chart support levels or holding it overnight and seeing what happens next but I always like to take profits along the way just to make sure that I'm comfortable being more patient because there's nothing worse than having an unrealized gain turn into an unrealized loss or a realized loss so I make sure to lock in that profit just a little bit of it just so that I know that I have some wiggle room just in case this is going against me. So much style to us. Yeah. What's your, I'm pretty sure you remember your the drives date. What was your drawdown that day as you're positioning into everything? What was my drawdown? I was so emotional for making so much money that I focused on the money instead of the trade so I remember I remember it was drives halted and they were announced on halt that day and the one stock was SINO that closed at like eight dollars and gapped up to 14 dollars that day so knowing that once the head of the stake drives got cut off that these sympathy plays would also give up as well I started to size into all of these sympathy plays once drives on halted at 50 and started selling off at 30 this SINO went from 14 dollars like seven dollars that same day but I was making so much money that day that I didn't I wasn't patient to hold even longer I said I'm up a hundred thousand dollars I'm going to take that money I'm going to go party instead if I was kind of focused on the chart and not emotional and focusing on the play rather than my mentality I could have made more because the next day they dropped even more and the third day after that they washed out and then rebounded big so I was more focused on the money rather than the trade which I feel like a lot of people struggle with they see five hundred dollars they see a thousand dollars they say I'm going to take that I'm going to take that because I've been losing for so long that I need some money or whatever it is that just forget the money for just a second just focus on what the chart is telling you focus on what the tape is telling you if it's saying that these stocks are going to go lower or they're going to go higher focus on that rather than your P&L and I know that some people hide their P&L some people don't like to see it or whatever it is I'm good at math so no matter if I hide the P&L or not I'm going to know how much money I'm up or down but if you're you got to be focusing on the chart not the money at this point you got to be focusing on your entries you got to be focusing on that and I was not focusing on that I was focusing on my P&L and that's when my drawdown was on that day focusing on the money rather than the trade no not at all not at all I was up the moment drives on halted and started to sell off hard I slammed everything I could on those trades and I was up so fast that I didn't recognize anything else rather than just making the money so it's just a matter of the chart man like recognizing what the chart is telling you not what your brain is telling you it's not about making all that money it's about following what the chart says so you weren't scanning it on the way up no why should I they were they went from $1 to $14 in one day and what went to $30 that next day or DCI went from 7 to 26 in one day and closed at like eight dollars or some shit like why do I have to fight on the front side when the backside is so clear to me when the backside that again when drives on halted at 50 and had that I think it was a private place we're offering whatever it was and started to sell off even more why were these other sympathy plays even up they had no reason to be up they were just going to sell right off because the the party was over the show was over so once I recognize that that's when I attacked why am I gonna attack ahead of time why do I want to why do I want to bleed out why do I want to exhaust myself mentally why do I want to get in early when it was so clear that the backside was in after drives collapsed that it was so you could have shorted a boatload the liquidity was there everything was there and they just sold right off so yeah two questions for you one like on the collaboration when you field out a trader working by themselves or with some people where where you're sharing ideas yeah and two how do you go about building brand new ideas with a trader is that how do you think that markets are always changing it's always important to have new ironing and finding what are totally so I kind of traded in like a small room with like 15 20 people that I've kind of known over the years that are kind of similar to me and the reason why that happened at first is because when I was trading alone I really I was only basing my plan on myself I had no other confirmation than myself it was only if I thought it was right it was probably right and then I kind of met a guy on the internet bow modern rock who kind of we were talking on aim all the time because we had a similar style and anytime that I wanted to attack something anytime that I wanted to do something or anytime I formed a plan on it I'd say hey what do you think about this because he trades similarly to me and if he didn't agree on it I would not use size on it because I like if someone that I'm trading with that someone that trades the same way as me doesn't agree with the play that I see that means that I'm probably not going to be right there but if me and him both agree that that's the play that's going to work if we both agree that our plans are the same that's the usually the ones that are the home runs so I think it's really important to kind of surround yourself with people that are trading the same way you are or trading the same things you are because if you're a short buy straighter yeah it's beneficial to have long buy straighters that you kind of talk to but at the end of the day you're not long buys you're focusing on making money going short so again if you get that confirmation from your trading buddies or you get that confirmation from people that are trading the same way as you it gives you more confidence to kind of size into that setup whereas before I would just do whatever I thought was right and now I start to recognize that if three or four guys or or ten guys that I'm talking to are all on the same page nine or ten times that thing is a winner and about kind of adjusting your strategy and stuff like that that's why I'm on Twitter all the time man that's why I'm always there trying to find like new people trading new things like I just found some guy on Twitter today that makes money trading the long side of all the stocks that I've been shorting so I'm kind of like reaching out to him and saying like hey like like what can I offer to you that you could kind of help me out and kind of teach me this how to long these turds stocks rather than shorting them like what can I do to offer to you like what can I offer to you that you would be comfortable to kind of help me out and he didn't really know what to say so I said come join my small room with a bunch of other people and he's like yeah like I'm going to do it so today now he's in our small room and now I'm going to try to see the little nuances I could pick up from him because the way that I learned how to trade is because I was surrounding myself with traders that were better than me traders that were doing things a lot more fluidly than me and just watching them trade over and over again watching why they shorted here or why they covered here or what their plan was here over and over again just finally start to rub off on me and that's what I think would help a lot of people as well once you achieved consistency and you started working on your sizing what was just one of the biggest hurdles you face and you're talking about how you don't think you could go back down scaling wise but do you do that in times of drawdowns? yeah so during drawdowns like I said I take that time off and then I come back and I'm not just going to dive in let's say my again my normal size let's say 50 000 shares or whatever it's going to be I'm not going to dive in going with that all over again I need to kind of get my confidence back I need to make sure that you know my mentality is right the reason why I made so much money on my win streak is because I was so confident in my process that I was willing to size up more I was willing to kind of push myself even more and now that that win streak is over I'm going to go back to what I was doing before just trading normally but it's okay to trade a smaller size when you're on a drawdown it's okay to kind of take it slow it's okay to do all this stuff because the reality is like there's always going to be play tomorrow there's always going to be played like there's no sense of feeling that you're going to miss out because this trade is happening today or that trade is happening tomorrow like the market's always going to be here forever like it's just there's always going to be plays like you have tesla you have a xon you have twitter from the other day like there's always going to be things moving so you should never feel a sense of you're going to miss out on something or you should never feel a sense of I have to size up on this even though I'm losing or even though I'm not confident. It all comes back to the fact of being confident in yourself and being confident in your process because if you're making money for 10 days straight, I don't care what you say or what you do, you're gonna feel better about your process. You're gonna feel confident in yourself. And trading is an emotional, it's an emotional game. Like no matter what anyone says, you have to be emotionally sharp. You have to be a rock when you're down. You have to be smart. You have to take away that P&L whenever you're winning. You got to just make sure you do whatever you got to do to make sure your head is clear, to make sure your brain is clear because like I said, if you're having problems at home or if you're having problems with your friends or whatever it is, you shouldn't be trading because those problems are gonna show in your trades as well. You're gonna get impatient. You're gonna size in more. You're gonna do everything you shouldn't be doing. For some of the new traders or trainees, is there any literature or any readings or anything that you follow or you would recommend for them? And if you don't know it right now, you can think about it on your Twitter. Yeah, I could post that, but I really, when I first started, something that really helped me is I started recording my screens like every single day. And like for example on AXOM, let's say I recorded my screen on it, I would slow it down and watch the tape when the stock was either breaking out or breaking down to see what was going on on the tape just to kind of get a better idea for it because tapering is not easy. Like it takes time to kind of figure out how to do it. And tapering is really important for me. So what I've kind of been focusing on is when I first started was kind of watching how the tape was reacting to the extreme breakouts and breakdowns or kind of getting better at technical analysis or getting better at fundamentals sitting there on a Saturday and reading a 10k and googling what some of these words meant and like it's all about like it takes time like no matter what it takes time that you could read like I said a thousand books or watch a hundred videos but until you dive in and do it yourself it's not going to stick to you like it's like riding a bike. It's going to take you to fall off a couple times to start to realize how to actually ride a bike. So again just sitting there and just reading the 10k because I like fundamentals. I love learning how much cash company has. I love learning when was the last offering when they're going to raise money again if they have a deadline of three days on their S3 that they have to raise money. Whatever it is like I like it knowing that because information is power in this industry the more you know the more power you have. And these chart examples the stocks always conform to the charts. It's like it's amazing to me that almost all the time they conform to this technical analysis. So make sure you get better at technicals make sure you're getting better at tapering slow it down learn fundamentals spend that Saturday night reading that 10k whatever it is and if you don't know what it is there's a lot of free assets on Twitter or message me DM me like I'm here all day just sitting here and just replying replying replying because one I like I like helping people and two like it's it's rewarding to have like some guy that says hey you know a month ago we were talking the shit finally works for me or like I started to get better at tapering and the shit finally works for me it's just get more information than the guy you're trading against is what is going to help you and for books and videos YouTube YouTube is free just learn how to retape it's probably thousand videos it's just I don't know there's so many free resources out there that just spend that weekend and just watch it it's no other better way to say it gotta work hard it's not easy