 How's everyone doing today? So we're gonna get started here in a few minutes. Obviously. This is a live video. So We're gonna wait a few minutes for everyone to get in here. And yeah Hope you guys had a good day today Same say different day same market, right? So we're gonna be talking about all that stuff I usually give it about five minutes for everyone to get in here and then we get started How'd you guys trade today? How is everything today? Markets are crazy again Turn around look around seeing what's moving Nothing too crazy. Nothing too exciting Yeah, bow usually comes on Instagram on Tuesdays, but he's away. So I'm gonna talk about that too There's a lot of topics to cover a lot of things to talk about We will get into all of it. Hope you guys had a great day today Just waiting for everyone to get in here. Or kids are choppy as usual. I should have slept in today. Yeah, right? So we're gonna start in a few minutes here guys gonna be talking about a lot of topics in this market It's um, so I'm a little bit tired today woke up a little bit late today. Hope you guys had a great day today This VRU looks like it's trapping It's setting up for a daily chart breakout. It looks like But we're gonna be talking about them. So you guys can hear me you guys could see me And you start here in about one minute Jan supported the 340 support level that we mentioned this morning. All right guys, I'm gonna clean up the lens and then I'm gonna start it What's up everyone? You guys couldn't get enough of me one day. So here I am back again So usually on Tuesdays is when bow does an Instagram live And for those that don't know bow is the guy that taught me how to trade, right? So every single Tuesday He does uh Instagram live and every single Monday I do a youtube live bow is right now in Asia on a vacation He's going and giving back to orphanages and you know, he's taking some time for himself So I said, you know, I'm gonna come on here and cover for him on a Tuesday and talk about the current market cycle And you know what's been going on the markets because a lot of people are struggling right now A lot of people are chopping around right now me myself. I'm having red days, you know last year I barely had a red day this year. It's like every day I have a red day But it's all been controlled and that's kind of what I want to talk about today. So Before I begin I want to ask you guys what broker are you guys using to trade with? Because we're using success trader calm, right? And the reason why I mentioned that is because they're locates or some of the most competitive locates out there So for today jane j a n most we're paying anywhere between 5 to 10 cents a share to locate it We paid less than a penny a share. We paid 0.00 75 a share as success trader calm So if you guys aren't using success trader, I don't know why you guys are still getting ripped off on the locates You know, we ended our previous broker relationship Because we found out that they were ripping people off on locates and we're not really having that So our new preferred broker success trader doesn't do any of that stuff. That's why I use them That's why we recommend them and you would have seen today They're dirt cheap cheaper than anyone else on the street. So if you guys have any questions You could check out success trader calm. We have our own broker liaison in the room to help you out with that. So Yeah, that was a really sick one today. Um So I wanted to kind of come on here and talk about the current market action What's been happening, right? Because you know, if you've been watching These videos if you've been kind of seeing the posts on instagram, you know, I'm I'm trading red Right. I'm trading red. There's nothing to be ashamed of there's nothing to be embarrassed about um But what I've been doing well is I've been really really controlling my losses because The main thing about these bear markets guys is it's very difficult to trade, right? Because what ended up happening is for the last two years So most market participants started trading in the pandemic in 2020, which was two years ago I started trading in 2014, which is eight years ago, right? Eight years ago is when I started and most people started two years ago So what happened was when they saw the 2020 market with the pandemic and how crazy things were The perception was that trading is very easy and it's very easy to make money in the stock market For the last two years It's been very easy to make money in the stock market because people started treating the stock market like a casino, right? The stock market is not a casino, right? But they started treating it as such and then they got results as such They were betting big on options They were betting big on small cap stocks a lot of uneducated money That was into sports betting that was into roulette that was into all this other stuff They started date trading they started gambling and professional traders like myself professional traders like the traders and m i c we cleaned up Simple as that made three million dollars yet last year the year before I made a million and a half a year before that I made a million like it's a lot of millions of dollars being made in these markets, right? So What has changed now? What has changed? So the main thing that has changed the market, right? The main thing that has changed the market is all these inflation worries is the fed raising interest rates It's the war in ukraine. It's the chinese shutdown there's a lot of geopolitical events that are causing the market to crash, right and in terms of this market You know this crash that's happening in 2022 is probably one of the worst crashes ever since like the great depression But the problem is that people don't talk about it because the media is controlled by the democrats, right? Is I don't want to get political here. It's just facts And they don't want the the office the sitting office president to look worse than he already does So no one really talks about the market collapsing if you are in the know You know that the market's horrible horrible most stocks are down 50 to 70 percent 100,000 dollars invested is now we're 30,000 and then with inflation. It's probably we're 10,000 90 percent everybody's fucking gone instantly right so a lot of people aren't talking about that so because because the No one really has much money anymore The problems occur because the stocks that we trade the small cap stocks that we play Are based on news and catalyst, okay? What ends up happening is these companies they like to hype up their stocks They like to get people excited my stock cured cancer my stock cured alzheimer's my stock cured lymphatic They cure everything these people right now what ends up happening is When people have money When people have excess money They go they spend it out in the Gucci store. They go they buy a new tesla Or they start putting it into these speculative investments, right these speculative investments that most of the time Are just that speculation. There's no there's no rhyme or reason behind it. There's no, um There's nothing behind it, right? There's nothing behind it So what ends up happening is when people have extra money when people have excess money They're more than willing to start gambling on these small cap stocks When they start gambling on these small cap stocks People like us People like at my C traders. We bet against the hype We make our money when stocks go down. We make our money shorting There's plenty of members that made money shorting the market, which is great and that's amazing sure That's strategy that we have But the main way that I make money is I wait for these parabolic moves Mostly based on pump and dumps from other people and when the momentum starts to subside That's when I short it and that's when I make money Now the problem is In this market when most market participants lost 50 to 70 percent of their money Whether it be in long-term investments, whether it be in IRA, whatever it is They don't feel comfortable to be able to spend On even gasoline on groceries, let alone speculative stocks So because the economy is in the place that we're in And because people don't have as much money as they used to Now they can't afford to speculate on these stocks Now people can't afford to even pay for their gas tank, right? So if you can't pay for your gas tank, if you can't pay for your groceries What the fuck are you doing buying a penny stock? And that's why these stocks are going crazy The amount of money that was printed in 2020 I'm pretty sure 80 percent of all us dollars in existence were printed in the last two years alone And all these people they spent it the money's gone The money's gone. So when the money started printing When people had excess money from the government from stimulus checks They put it into the stock market. They put it into speculative investments. They put it into crypto Now that that has been cut off That there's no more money entering the system that inflation is up interest rates are up People don't have the money to gamble with People don't have the money to speculate with and that is what's causing the slowdown in the small cap market That is what's causing the slowdown in the large cap market Institutional money does not feel comfortable investing in these stocks Institutional money pension money, whatever the hell it may be Is what controls the large cap markets So for the market to rebound For the small cap market to rebound let alone large cap small cap market rebound There has to be more confidence entering the system What will cause more confidence entering the system? Inflation coming back to normal if inflation comes back to normal Then the federal reserve will turn back on their policy of raising interest rates Which would give consumers the confidence to be able to you know start investing again What else would happen if the price of oil starts to go back down and gas prices get the hell away from six seven eight dollars a gallon Then people will have extra money to spend The market is based on speculation money. The market is based on future returns And these companies whether it be the amazon the google's the facebook the apple whatever the hell it may be They move based on earnings If the companies are not selling as many iPhones if they're not selling as many teslas because people don't have money to afford it Then the price of the stock goes down It is all correlated and it's all like a domino effect of things happening guys. So Yes, eventually the market's gonna turn the market's gonna change. We don't know if it's gonna be in a month We don't know if it's gonna be in a year. We don't know if it's gonna be in three years. We don't know What we do know Is that inflation is the issue High energy prices are the issue and high interest rates are the issue So when one of these gets solved It may lead to some confidence Coming back into the market and when that confidence comes back into the market the stocks will rebound when the stocks rebound We will have more opportunities to make money when there are more opportunities to make money. We trade and we make money Right now As the market is dead As the market is broken I'm not using size, right? So I've been on a little bit of a losing streak But you guys have to remember my average winning day is about four to five thousand dollars This year last year was like 10 20 30 thousand dollars. This year my average winning day is a couple thousand dollars So my red days if you've been paying attention if my average winning day is five thousand dollars My average red day right now is about a thousand dollars About 20 percent About 20 percent of my average day is what i'm losing The m i c recommended process is your max daily loss should be two times your daily gain But I've been keeping my losses about Way less than that and that's what's causing me to stay calm That's what's causing me to stay focused. I don't really care make or lose a thousand dollars for me personally Based on how much money I make in the markets if I make or lose a thousand dollars. That's Thank god. It's like losing a dollar on the floor, right? So I don't really concern myself with that stuff, right? But what I'm making sure to do Is when these market conditions are non optimal when the market conditions are Telling me that there's not much speculation money Showing up to the market I'm sizing down So I mentioned this in yesterday's video now my normal size on the day-to-days anywhere between 10 to 20 thousand shares My size right now is about two thousand shares About 90 percent less than normal And it's 90 percent less than normal because in this current market cycle When people are blowing up when people are losing their money when people are going broke My job is just to make sure that i'm coasting around My job is to make sure that i'm here waiting for those perfect opportunities because as you guys remember four months ago three months ago I made seven hundred thousand dollars in one day on indo. That was my best setup That was Where I make most of my money So i'm sitting here every single day showing up to the market every single day waiting for that setup to show up It's like going to the gym. I'm going to the gym every single day, right? Not the real life because i'm fucking i'm out of shape, but in the market comparing it to the market I'm showing up every single day putting in the work waiting Waiting for my setups to occur And when my setups do occur I will load in I will size in I'll fucking bet the farm. I don't give a shit The problem is I haven't had the chance to do that Because the market conditions have not been optimal And this is normal This is normal This is normal What follows after a bear market is always a bull market. We were in a 12 year bull market So even if we struggle with a two year bear market the next 10 are going to be straight up So your job as a trader your job as an investor your job as Fucking whatever you want to call yourself Just to stay alive Whether the storm Your goal right now is not to make money In these slow times your goal is to learn Your goal is to watch these videos Your goal is to improve and get your reps in So that when the action does turn When the action does change When things start to do something different You have gotten in your reps you have practiced And now you are ready to attack. Does that make sense guys? Does that make sense? This is probably one of the hardest markets that I've traded in the last eight years And it is no coincidence that this is one of the biggest crashes in the last 20 years So this is one of the biggest crashes in the last 20 years Obviously, it's going to be hard to trade. So because it's going to be hard to trade This is not your signal to step on the gas This is your signal to rip the fucking e-brake up and take it slow So me as a trader that made three million dollars last year. I'm not fucking putting I'm not hitting the nitrous button I'm not hitting the nitrous button right now. I'm hitting the fucking e-brake because right now The market is telling me that it is very difficult to make money So I'm not going to try to muscle the market. I'm not going to try to say I'm better than the market I'm going to say, you know what you do your thing No problem where the shit fucking changes. I'll be here to load in But until then I'm still going to be scalping around. Does that make sense guys? A lot of you guys like this overall market sentiment talk So I will give more of that At the beginning of these videos And if you guys want to hear more about our strategy, if you guys want to get a free day trading lesson from me All you have to do is go to myinvestingclub.com slash webinar I'm going to put a link in the description. This is basically a free day trading course A free day trading lesson with some live trades caught by myself So if you're an mic member, you've already seen this stuff. This stuff doesn't matter This is all for non-members or viewers on youtube that are new to the channel You just have to go to myinvestingclub.com slash webinar And you'll get a free lesson from me. So do you guys have any questions for me before I Kind of call it a day and go back to helping members Yes, this is definitely the worst market I've traded For comparison's sake, how much money are you on track to make this year? I'm still on track to make a little bit over a million dollars because I made 700 thousand dollars on imdo So I'm still doing pretty good It's not as high as I wanted it to be but still pretty good And imagine if I could make a million dollars in a fucking bear market the worst market in fucking 20 years Come on guys Like the strategies we teach work for a reason Do you think the sdc will change rules on retail traders? I saw harry posting something about retail traders in auction Truth is I don't know they tried the five cent tick pilot and it didn't really work So they went back on it so they might try something and then go back on it. I don't really know The sec is the sec let them do whatever they want I have no idea Whatever they do we'll find a way to you know, trade and make money still And again guys, this is a live video So I'm taking questions on the live video if you are watching the replay of this video Just leave a comment and I will reply to that comment with any question that you have Seems like stocks aren't running at the open as soon as zombie time hits. They're running Yeah, that's why the zombie time exists zombie time exists to be able to take advantage of those moves Will the spot continue to the downtrend of 2022 if inflation keeps going up if energy keeps going up and Interest rates keep going up. Yes Trust me no one likes a bear market. We all want to make money But this it has to happen So I think this was a really good lesson on the overall market conditions guys What I did in last video as I said if you guys leave a comment I'll give someone a free monthly membership What I'm going to do this time is if you guys leave a comment If you guys leave a like on the video if you guys subscribe to the channel I will pick two people that comment to win a free misc t-shirt So I'm going to keep these videos short and sweet. I hope that you guys liked it I hope that I was able to add value and you know, it's nice coming on here and talking to you guys It's always the same face. It's always the familiar people It's not a surprise that all the people that I see watching these videos are the people that are making money consistently So keep showing up Keep putting in your reps If you are brand new watch my investing club comm slash webinar and I will see you guys back in misc right now