 And we're going to start a Q&A. So let's see. I'm going to bring on Joe and Val. Get the trifecta. What's up, bro? Yeah, what's up, buddy? Yeah, all right, we're all three on. What's up, guys? What is going on, you degenerates? You have freaking misfits, man. You crazy bastards. I've been up since, like, 3.45 today. So whatever I get, I get a chance to eat. I'm eating. Bro, I don't even want to ask what you were up to last night, man. I don't even want to ask, bro. Sake bombs are just the start. What's going on? Dude. I forgot we were doing the webinar. But I was like, he's got, like, corn dog, one hand, like, bowl of cereal, the other. Here we go again, man. Here it is again. We catch Mao. He's like, let me finish this corn dog really quick. Dude, I will say, I will say, I thought I was a snacker until I went to Hawaii with Val like a year and a half ago, dude. And I'm a big guy, dude. I'm, like, freaking, 6'3, 200 pounds, man. Like, you would think I would need to eat a lot, dude. Bro, me and Val, I've never met anybody that can eat as much as me, dude, and match me. Every time I looked at Val, he was like, you want to go get food? He's got a freaking bowl. He's got a ramen. He's got, like, a banana in him. He's got snacks. He's got this, like, holy shit, dude. Bro, me and Val at a buffet can actually make the person lose money. Isn't that what the new trend is? Intermittent snacking? So what, snack every hour like a full meal? Intermittent snacking, bro. Bro, me and Intermittent Buffet. All right, so what are we doing here? I totally forgot, man, I'm so tired. So this is the thing with MIC, man. We love what we do, dude. I didn't want to go to work today, but I was like, dude, the team members are depending on me. So I got up after sleeping for two hours, helped everybody in the room. I'm still here. So I mean, this is, you know, we love what we do here. Joe loves it, too. He came back from vacation. I like how you say it like you thought I wasn't coming back. Dude, you're a Texan, bro. I didn't know what was going on. I was like, oh, fuck, Joe's a Texas. I go out the. He's just like, he's just like totally written me off. Like, oh, he's dead. There's no chance he's survived that. Dude, we get a text from Joe, and he's like in a freaking Brazil, and he's like, I'm starting my own service. Fuck you guys. I'm never coming back. We see it. He's got Facebook ads everywhere. He's promoting the inner lines and outer lines. Hey, your pipes didn't burst or anything, right? Everything's good. No, everything's fine. Yeah, it's. That's good. We were without power for about two days. No big deal. Oh, man, really, bro? It was cold. That's for sure. But that's pretty much it. At least a four-year fridge was OK. Yeah, for real. Yeah. There's always a benefit. If it was just me and the wife or me and the older kids, I wouldn't have been freaking out or anything because they were fine. But with the newborn that's like four months old, I'm over here panicking about making sure that a fire is always going. Oh, man. We have a wood-burning fireplace. So that was essential, man. But the problem was I ran out of firewood because my firewood ended up like it was a lot drier than I thought it was going to be, so it burned super fast. And so I ended up having to cut up a bunch of old lumber and pallets. And I was just burning wood. Anything I could find, I was burning it. Hey, that's crazy, bro. You were a hardcore of my friend. I mean, it helped me clean out the garage. I'm not complaining. We're talking about this. Is it the morning wood or the afternoon wood? Joe's like, man, I was burning wood all day. What kind of wood? Hey, you got nothing else to do all day, bro. Except for wood. We got a question. We got to chill HR's in the house, man. She was going to strip all of us. Yeah, we got a question here. It says, how should we think of the TAB program? Should we think of our tabs as mentors? Or should we think of them as not having the blind lead the blind? A TAB is your trading accountability buddy. It's like a trading team. It's like a bunch of guys trading together. So your job is to keep one another accountable and treat it as if you are on the trading floor at Goldman Sachs. Think of it like a study partner back in college or high school or wherever it was that you studied, or if you didn't study, a study partner. Or your alcoholic sponsor. It's a recovering addict. I always just think about it like this. This is your tab partner, bro. Yes, exactly. Dumb and dumber. Dale and what was it? Dale and who? Well, Farrell and I forgot to do that. Right, but what was Brennan? Dale and Brennan. Dale and Brennan. Yes. See, this is the new trader coming to the TAB program. He's like, hey, man, I need another TAB. This is the next one. But you divide the workload, too. You come in and there's over 850 videos to watch. So you divide the workload among the three of you. Like one group, there's a trading accountability group with several traders in it. And they actually network to meet up on Zoom or inside the chat room in a little group. And they have a video that they'll all watch. And then they'll make comments on what they think they learned from that video. Well, Joe, let me say it like this. Guys, this is the MIC Face Study Guide. Dude, you don't get in your head thinking, OK, I joined MIC. Is my TAB partner going to be as bad as me? Dude, everybody's going to benefit with somebody else because it's not like you're getting someone to just teach you trading, bro. What do you think the video library in the commentary is all day in mainstream? That's our job to teach you. Get a TAB partner where you grow together, hold each other accountable on just homework. Hey, John, our homework tonight that we self-prescribed ourselves was watch the first three videos of the MIC process in face. Did you do that? Now, let's talk about what we learned together. You see what I'm saying? Yeah. And man, not every TAB is going to be up for that. So that's why you can, if that TAB does not work for you, then you can ask to be partnered with somebody else. I mean, you can ask to go whichever direction you want to go. You're not tied to this specific person. Let's say you want to do that program. Let's say you want to do that. And you're like, I really like the idea of that. But that member doesn't want to do that. Or their work schedule doesn't line out. There's over 2,000 members now. And so there's somebody out there that'll definitely be your buddy. And run your trades through your TAB partner. Two lines are better than one. That's what we usually do. And tell each other your rules. Share your own watch list in the morning. Trading plans, all that stuff, guys. You guys are now a team. Yep. Second set of eyes, man. Any way you can help each other. And for Alex and myself, if both of us like the trade, there's chances are the trades are going to work. But if one of us does not, we will come kind of like figure out why the other person does not like the trade. Dude, that's all. Why don't you like the trade? Or maybe I still take the trade, but I do it with like a third of the size that I normally would. Burning wood. Dude, can't say it better myself. That's it, man. Guys, do you have any trading quit? Do you want to know why Bao shorted SYPR here? Like this is your chance to ask Bao. This is your chance to ask me, Joe. Like, dude, you got us, man. What do you want to hear? What do you want to know? Why aren't you guys joining MIC? We'll ask you questions. They haven't lost all their money yet. Because they're not down $9,000 on a position, right? But the moment they lose all their money, they're going to join MIC and ask for a discount. No, bro, they're going to beg for a free trial. That's painfully proven, man. To see if it fits their speed. This is what we tell people, man. You join MIC not necessarily to learn our strategies, it's to learn the experience so that you do not have to go through all the mistakes that we had to go through when we started to learn, right? And that's what experience is, man. You're painfully experienced, not necessarily just the videos. But there's just, I mean, learning on your own is just impossible, guys. I'm telling you right now, man. I consider myself pretty damn good as an academic kind of guy. And I graduated with engineering, philosophy, and all that stuff. And there's stuff, I didn't even know VWAP for like five years, dude. If someone fucking told me VWAP, I would have been a much better trader long time ago. I didn't know what the fuck VWAP was. Or just, it's just shit that you don't know, man. I mean, the thing is you don't know what you don't know. You don't know what you don't know, right? And he was like, I don't fucking need VWAP. Who said that? Because I didn't even know what the fuck that was. I was mentally doing VWAP in my head, dude. He was like, I made 1.3 million on Fannie Mae without VWAP. So licked my balls. I was like, fuck your deviation above VWAP, man. I don't know what it was, fuck your VWAP. Dude, back then, I didn't know what VWAP was because I was just a standard guy. Now, there was no kind of like educational videos or the internet barely was around, right? So you guys are very lucky now. That was like Morse coding in his orders, dude. I was actually doing that shit in my head, dude. That's how I came up with the lines. I came up with the lines because I'm like, fuck, man. Where's this fucking place that people averaged out to buy? It turned out to be VWAP. It's a fucking indicator. I could have just put on. That was a human album, dude. That will literally find the algos before they even start. He coached them in his head. And then he paid like four or $500 a month for RealTik because of the pivot points, which DOS had for 10 years for free. Seriously, but no one even knew how to DOS this. Oh, man, dude. So this is why you joined. You joined because, fuck dude, there's shit that you would never, ever fucking know. I'm just telling you right now, there are guys who've been using fucking moving averages and Fibonacci on an intraday scalp and figure out why it didn't work. I mean, fuck, so now you see everybody drawing lines. You don't see a fucking moving average anymore. Moving average, bro. Any course that teaches moving averages as they're saving grace, I promise you they have no idea how to train a chart, dude. Remember, indicators work on different time frames, different types of trades. So you have to figure out what type of timeframe that you're trading. So if you're a swing trader, moving averages will work. If you're going across months. Bro, let me show you. On like a fucking 10 minute scalp, what the fuck are you gonna do on a one minute moving average? Dude, this, see that Bao just said it perfectly, dude, for different time frames, bro, if you're a trader that's using RSI because you're swinging months on big caps, look, that's one thing, but these guys that have secret strategies and shit, like I even have an indicator, dude, for RSI, if I'm swinging a big cap for a month long, if I get calls or puts on an option, right? Like that's very different shit, man. But for day training, bro, there's no secret sauce like that. Are you kidding me? Like, no. The secret sauce is just the fucking line in the minute chart, guys. It's true. It's true. The line chart. So it's not like that. I mean, to be honest, I didn't even know what the fucking candlestick. I started using line charts because I couldn't read a candlestick because I was like, this is just too fucking complicated. But they tried out candles. Line charts work for me much better than candles. So I've gotten used to the lines. And so that's how I'm bouncing these things from the first bounce because of the lines. So if you did not know that from MIC, there's no way you would ever use a fucking line chart. Who uses a fucking line chart? Now, you know what's funny about that, dude, is like before MIC started, what August 17th of what, 2018, right? So two and a half years ago is, dude, I had never in my life of five years before that heard the term pivot points. When you brought it famous into MIC two and a half years ago, how many people on Twitter do we now see? Or anybody talking about lines, pivot points, hard stops, which we're never talking about every single thing possible we teach. Everything, 10, 30 rule. Yup, so this is why you joined. You joined because you wouldn't fucking know this shit. But any questions, guys? I'm sick of asking why you should join. I'm gonna tell right now why. I don't join, dude. I think we're good. Yeah, yeah, like you're good, dude. Don't join MIC and learn how to make a fortune, whatever. Don't do it. You're good. You know, I rather just, Alex and I rather just take all your money and all the MIC members as well. Our new marketing, don't join MIC and learn how to make millions. Seriously, dude. Seriously. Okay, Dante, what are we struggling with? How can I keep my money in my pocket? Six great, six green days, then one red day wipes it all out and more. Is there a rule to put in a hard stop to walk away? Maybe a number when I hit that negative number? Dante. This was the thing that I fucked up on, dude, for the first four years of my trading, dude. Make money, make money, make money, make money, make money, make money for months. Give it all back in one trade or a couple trades, maybe three trades. Bro, you need hard stops in your trading. The reason why people don't talk about hard stops is one, two reasons. Number one, they don't use them. And number two, oh, but the market makers can see where my hard stop is. Oh, really? So you wanna give back your entire month in one trade or get faked out by a market maker every now and then? Yeah, I'll take a look. You won't get swept, guys, if you know where to place your stops. Don't fucking put a stop at $5 and one cent. You will get fucking stopped out. 100%, like, what's, is there an example they found, like, probably a good example for a hard stop? I think you hard stopped on one, right? Like, I hard stopped on one, but it was not like an obvious place, you know? Well, actually, yeah, yeah, actually I did. Let me show you. J-F-U, J-Fuck-U, yeah. J-Fuck-U, hard stop. So I hard stop, I gotta thank you. Oh, okay. Wow. So it hard stopped and came back down. Cause I did it in an obvious place, a high a date break. That's because I broke a rule. I was trading these shit during zombie hour. So I had to put the hard stop in. You see what I'm saying? So that's a different- Where'd you do it? Right here? Shit, let me take a photo of it here. Cause what about saying, guys, is what about saying is if you stop out exactly where the high a date break are or the pre-market highs, you have to understand that things need a little bit of time to stuff in an area like that. So this is where the orders get swept. Think about this. If you're part of their herd, they're gonna swipe you. So I made a video how to take a proper stop loss. That's a slight- So I don't stop out at the obvious places. What I like to do is I actually do the reverse. So if people are stopping out, I'm actually shorting there. So that's the swipe. That's what we're talking about, guys. And here's the thing. Again, bow's right on that, but I'll go even further. Who gives a fuck even if they see your hard stops and swipe you every now and then, bro, you're not gonna give back a month's of gains in one trade, dude. That's what we're trying to tell you guys. It's risk management above all else. I don't care if the market makers have an edge every now and then. I'm not giving back a frickin' two weeks of my gains in one day. I'm not gonna do it. You have to put the hard stops in and over time with experience, you'll know where to put the hard stops. The reason you're getting stopped out is because you're sizing too big and so size down and widen your stops. That's what you will end up learning. And for the guy that asked how do you, you know, the problem with this, you could be consistent trader but not be a profitable trader. That's because you're gonna have 100 days green in a row and get wiped out in the next day. So this is why you have to have a max daily loss, broker side level, okay? And that's usually set for maybe two days of loss. Three days of loss at max. You don't give back 10 days. Max daily loss, call up your broker, figure out what your average gains are in a day. Don't do more than, I mean, don't lose more than three days. So if you're averaging 500 bucks a day, maybe your heart, maybe your max daily loss is 1500 bucks or 2000 bucks, right? Yep, and then it keeps you in the game and if the worst happens in your trading career on that day, you get, dude, you're stopped out for $1,500. It's not gonna bankrupt you. That's the whole point here. Now, what's your analogy of the crocodile man? You wanna say that for people who've never heard it? Go ahead, go ahead, man. Well, dude, it's like, if you're trading, right? So like, say bow didn't hard stop out right here, right? Say he's getting in. What he's doing right here is nibbling. He's at the ridge of the safari, you know, he's looking at a pond and there's polyalligators in there and he knows there's danger. He puts a little toe in and then the fricking alligator grabs his toe. He can stop out right here and lose a little pinky toe or loses big toe or he can keep adding and keep adding and not hard stop. And then the fricking crocodile is ended up to his nutsack. He keeps adding, he keeps adding like that guy down 9K on RCL with a 30K account. And guess what, bro? Your torso is already getting digested by the crocodile. Hard stops keep you from losing more than a pinky toe. So that's how you save your money, guys. When you're up six days in a row, maximum daily loss broker side level will protect us six days. Also take money out on a regular basis. It's why you need to trade. So take the fucking money out. Then wire out. I'm not kidding guys, like screenshot this, seriously. Wire the fuck out. Alex makes, I mean, if you take his performance and do it on an annual average every single year, from last year, which he made what now like 1.5 mil. So say he did that every single year. Do you realize he's doing that guys with a 35K account? So let me explain. Alex, his process, when it comes to a P&L standpoint, I'm not talking about how he trades. When he has a $35,000 account and it gets up to 50,000, he wires out back down to 35 and then does it over and over and over again. So Alex's performance last year was $1.5 million if you think about it using a $35,000 account. That's the point. He keeps hard stops and checks. So when he has the regular four and 10 random $30,000 P&L days, the most he's losing guys every now and then is like three grand, like a couple to maximum three days of his trading. That's how he's able to wire out, wire out, wire out and by the end of the year, dude, he's fucking buried bonds. He's dropping home runs and home runs and home runs because he's smart. He's not letting the crocodile get anything up to a nut sack and a torso. It's just barely getting a fingernail, which as you can see, this is what Val did right here. Crocodile didn't even get a toenail right there. You know what I mean? Like that's the whole point. So I could ran on this all day, but to protect your account is so freaking important. You have no idea. So Dante, when you ask, is it a dollar amount? Look, brother, you have to get comfortable with a certain amount of size as per your account. You can definitely hit up the Joe Kelly Trading Basics series on our website to see what you should be risking as per your account size, but it's not based on a P&L matter. It's well, outside of a max daily loss, which you should issue by your broker. It's based on where the charts telling you to get out, brother. Does it make sense? That's funny as hell. There's a video I made on how to properly take a stop loss. Yup, and for anybody who's wondering like where to find those, myinvestingclub.com, videos tab, then you have a search feature of literally everything in here. So you wanna go stop loss? Bro, stop loss orders. Search. Boom, there you go. That's how to do it. That's how to do it. Any category in here? Yup, good, man, good. And look, man, if we're harsh, it's because we want you to learn. In fact, I'm blunt with members all the time because I'm like, dude, what you're doing here works. What you're doing here doesn't. I'm not gonna sugar coat it, man. I'm not gonna pussy foot around. I want you to be really good. Like I want you to eliminate this shit that's gonna hinder your P&L curve. Your journey as a trader, man. We're here to really guide you guys as much as we can, man, seriously. And again, guys, we have small caps. We have large caps and options. So if small caps is like, not your flavor of ice cream and you're like, man, I just, I'm not comfortable holding these. I'm not comfortable trading with them. They're a little bit too whipsaw. Guys, we have so many large cap strategies. We got Joe in here educating all day. We've got swing traders, a swing trading room. I'm even taking up options these days. And I love them, but I love them for different reasons. And I'm not pushing that too hard. I'm just saying that I've found a real comfort level between all three. So if I see market conditions are absolutely tanking and people are screaming bear market two days ago, I can see that there's opportunity on an option standpoint. Maybe the, maybe this small cap market's slow and nothing's bouncing. That's the whole point is find your flavor of ice cream, right? We have that for you. And we have points of contact in every form. What if I told you real traders don't use candlestick charts? Yeah, bow for 20 years, dude. Well, hopefully, hopefully people are listening, man. There's not much more we can do, man, except fricking open accounts in their own name and forced them to join them. I see. Now how's the corn dogs, man? All right. I lost track of time at 3 p.m. So therefore we should be careful on the trade. So these are the rules that we created. So these are the things that took us millions of dollars of losses to know and find out like the zombie rule, things like that. So those are the reasons you joined because there's no fucking way you will ever fucking know unless you lose a lot of money. And more importantly than the money, man, just the time of beating your brains in to think about how many years traders treaded water until they sacrificed and swallowed their ego and said, dude, help me, please teach me what I need to know because what I'm doing is just not working. So yeah, the money lost, learn from the money that we've all lost together to teach you guys the correct way, but what about the time? How much time did we waste? You're not gonna even, that's the thing. After a certain amount lost, you're gonna give up and then it's gonna be very shame. It's gonna be shame because why didn't you get educated? Trading just like any other vocation, guys, you think you can fucking weld metal together without taking it in a class? You think you can become a fucking CPR expert without taking a CPR class? I mean, the doctor, lawyer, you need to be educated. You know, anything that's a fucking skilled profession. Trading is a skilled profession. You need some sort of training in mentoring. This is literally what traders look like when they don't ask for help and try to do it themselves and then tread water for two years. Literally, they're on their last breath, man. Anytime I've ever talked to somebody on social media and they're not a member of MIC, right? They're like, hey, Tosh, I wanna come in at MIC, but dude, I'm on the verge of quitting trading and I go, well, are you a member of MIC? Somebody will hit me up randomly and they'll be like, no. And I go, well, how long have you been trading? And they'll be like, dude, five years, I just don't get it. But I've seen it and watched your guys YouTube, free content, by the way, which is nothing compared to the paid and what you're gonna get actually as a member. And it's like, I fart around here, I see this, I kind of check in every now and then, but I've been failing for five years and I go, bro, the only reason why you're on the verge of giving up is because you keep trying to do this alone. You're like a candle that's on its last breath, dude. It's like, once you start to join something like MIC, right? You join MIC and you start to see how wrong you've actually been. All the barriers that you've had built up in your head of what you think is correct or getting broken and you start seeing all this momentum of yourself growing as a trader and really start growing, at least on an intellectual basis in learning rather than seeing the money first. I'm just talking about learning and really understanding the correct method. Well, then dude, then you're on your way that feels a new excitement that you can really start taking into your trading and you'll have a rebirth in your trading career, but don't be that candle, dude. It's on its last breath and you're like, man, I just don't know what to do. Dude, suck it up, join MIC, eliminate ego and figure out how to trade the correct way. By the way, look at all this volume. You see this volume jump, guys? This is how you judge if a broken stock is kind of coming back into play. Now I hope you're not fighting this. It's not reversal on it anymore. When these start to test, the 30, I'd say the 40 to 50% levels of the main volume levels, that's when you have trouble. And this is, I'm not saying this is super trouble, but I'm saying it could be because the time that we're in right now is not exactly the time you should be opening up a bunch of shorts. So just be careful, just be cautious if you're shorting. Like Bao does, if you did short a level like this, which I don't always recommend, make sure you're hitting it at the lines of resistance, which this just stuffed into, again, that 550 and those previous resistance points that were set before. You see what I'm saying? So, but on something that's garnering volume in chat rooms and stuff, they're trying to squeeze everybody a late day. So this can gap up after hours, then gap up on Monday. So then they could squeeze all of these shorts that have been comfortably holding from 789 to 550, wherever we are right now, where they're in the money. You guys follow that? That makes sense. They're trying to squeeze all these shorts under VWAP. But I just, I don't know if they're gonna have the type of follow through and demand. Dude, there's not enough volume. That was a huge stuff right there in the 550 and previous resistance points. And I know Bao probably got some, I knew it. I mean, he is sicko. Now you're sick in the head, dude. I think Joe and I have known Bao long enough that if there's a move to milk, he will milk it. Oh, absolutely. This is why, dude, to get Bao away from computers, we have to be a freaking cowboy wrangler. Like, you know, when they get those freaking, you do, they get that, what is it, the lasso and they bring it around his neck and pull him off the horse. Dude, I'm telling you, like... Yeah. That's the only way to separate Bao from his computers, dude. You have to freaking tie a rope around his neck and then pull him out of the chair. It's funny, dude, true story, man. Every time we have to fly somewhere for like, or any time Bao has to fly somewhere, right? Whether it's MIC, whether it's a meetup, he's just going on vacation. Bro, he will miss, he will almost miss his flight. He will be on board within like two seconds to spare every single time he flies because you can't rip him away from his fucking trading set up, dude. Late to the airport, forgot to pack clean clothes, left his meal at the airport because he's racing so fast because he was trying to trade. Like, dude, I've never met anybody more obsessed with anything in life than Bao with trading. And it's like, Joe, dude, wouldn't you want that to be your mentor? You want your mentor to be some egotistical guy that doesn't really care about trading and just has a love for money? Dude, you think Bao gives a fuck about money? Bao is probably the richest person I've ever met that actually doesn't give a shit about money. So he just trades for the love of it, dude. For those of you with questions on how much the service costs or how much it costs to join the community, visit our website, LineBusinessWeb.com and at the top in the navigation bar, click Join Now and everything is there. Right here, guys. Or you can text my business line and we can talk about it as it is a case-to-case basis for a couple of things. I know, like I'll just give you an example. If someone just joined annual membership and they're like, Tosh, I really need the accelerator course as well. Is there something you can do for me? I might be inclined to help him out a bit. Again, man, I try to help people as much as I can, especially during these times of the pandemic and all that. So I'll talk to you, man. If you feel you really need something, we'll talk about it as a case-to-case, but I try to do bundle deals as best I can. Right now I actually have a new one where if you guys wanna come into the club, I'm actually doing a bundle deal between the accelerator course and your first month of the MIC. If you get both, I will give you a really nice promo on that. So just text me, man. I'm here to help, man. Seriously. Me coming out to get DoorDash trading all day. Yeah, trading. There you go. It's a 528 covers from a 557. Solid. Again, man, this is not rocket science, guys. A little bit of volume comes in. So don't go crazy on size if you're gonna trade it because this isn't reversal hour where shorts have an extreme edge. What you do is you throw feelers so you don't get caught. So obviously if this were to broke for you off, I know Bao's smart. He would have been stopping out, but he knows that shorts, this is still really broken. And if you wanna play it, you can throw some feelers on. You can throw probably one third or one quarter of your size and get a nice scalp. And that's exactly what he did. So the reason why Bao can post fills and me and Joe could comment on it all day, it's not because, oh my God, this is some rocket science. This is some secret format. Dude, it's price action. We know price action. We know how Bao trades. And this is what we teach every single day. Bao can post fills. And I know exactly what he was saying. This is read to me like a book. I don't even need to see his commentary because I know price action. I know what Bao's looking for, right? Like this is like a love letter to the chart. Does that make sense? Yep. 550 line is the line we mentioned all day long. And so he puts his fantasy orders there. Yep. And whoever put the 551 got swiped. Yep, correct. I wouldn't even be stopping out at 551 if I followed MIC process. I'd stop at a VWAP. That's what I mean. Yep. You would not be stopping out with the herd if you followed MIC process. Oh yeah, definitely. What Joe was saying, yeah, yeah. Most people would be like, oh no, if 550 breaks, I'm gonna stop out. Nope, you gotta- That's a half dollar. Let me stop out on the break of the half dollar. No. Nope. Yeah, definitely not, dude, specifically not. And anytime, guys, again, remember what we talked about swipes. If it's a new, okay, so like say you're shorting, so I'll give you an example, right? Let me remove all these and redraw. So what Bao was saying earlier, right? Like where to put your stop losses? If you're shorting say something like this on a pop, right? And you're like, dude, you don't give $789 as your risk. Eight dollar whole numbers right there. I'm gonna give 805 because if this, dude, that's a really big resistance level. Not only is it a high a day, all these swipes are gonna be at like 790, 792, right? Like 789. I need to give it a little bit of room, but just in case it breaches that whole and half dollar mark, sometimes it breaches by one or two cents. I'm gonna give this to 805. And if it stuffs hard again, I know, dude, I'm solid, but I'm not gonna give it 789 as my stop. If you did that, dude, just put half there, you know what I mean? Like, but again, you have a really good chance of getting swiped. That's the whole point of what we're talking about. Don't stop out with the herd. Stop out where the charts telling you. So if you have to size down a little bit to accompany for that extra 15, 20 cents of risk, this is the shit you pre-plan. You don't do this on the fly. You don't short here and go, oh, shit. Well, okay, 789, oh, I'm gonna get swiped. I better raise it to 805, but shit now I'm down a lot more than I thought. No, you pre-plan this shit, dude. Oh, Bow just said it without me even seeing it. Size down widen your stops. That's my stopout point, not 789. Because here's what's gonna happen. You set it for 789, they swipe this shit to 795 and then you get a stuff candle. Dude, you are going to be wanting to flip your desk over because technically you're right, you're quote unquote right on your trade, right? But again, there's a very big difference between right and profitable. Are you still in the trade on the right side because you put your stops in the right place? You scaled it appropriately. You did the correct position sizing, et cetera, and so forth. There's a lot to this. But, and if this is sounding like it's complicated to anybody, bro, it's not. We're just hitting you with a lot of information today. It's actually a lot of really fundamental simple shit to understand. We're just giving you a lot. We're just giving you a lot. How are these webinars free? Bro, I ask myself that every single week. How are these for free? Joe, what do you think, man? You have anything to say? Anything to add? I got nothing to add, man. 30% man, if it's over, VWOP use 30% of your size, stay safe, man. It's not much more we can teach you guys, seriously. When it comes to that. Till literally yesterday I struggled understanding how many shares to buy on my risk level so I understood it and came up with a chart. Hit me up if you need it. Sweet, you probably got a lot of that from the Joe Kelly trade. Dude, we got resources for you guys. That's awesome. And then share it with other members. Help each other. That's the whole point. I feel like Vow's trading five stocks right now. Vow, you better be safe. We're your tab partners right now. It's too late in the day to be too aggressive on the short side, man. So in regards to that table, for those of you that have smaller accounts and you're trying to grow it exponentially, your intuition is to try to maximize your share size while minimizing your risk to grow it faster. And in order to learn as a trader, I think that's rather counterintuitive. I think it's important to know how much you'll lose based on the size or number of shares that you have and how much money you're risking. I think it's important to know that, but I don't think that you should be forming a process around that system. I think the best approach is something that Austin talked about in his webinar. My gosh, it was probably a year and a half ago where he talked about sizing and he talked about the importance of just using an extremely small number of shares in the beginning and that's all that you trade. So if it's one share, that's all that you trade. You trade one share only. It doesn't matter the setup. In the beginning, you don't know the difference between a trash setup and something that is just God's gift to man in the stock market. You don't know the difference yet. So it's extremely important to not try to focus on maximizing your returns by having this like formula approach, mathematical approach to your share size. It's more important to learn how to trade and be comfortable in the trade with the size that you have and you take it step by step. You take it one step at a time. Today, I'm going to use one share and I'm going to use one share until I am 1,000% confident in these setups and then I'll go to two shares because one share to two shares is a 100% increase guys in terms of percentages. That's a huge increase. That's the same as going from 100 shares to 200 shares or 500 shares to 1,000 shares or 1,000 to 2,000, 2 to 4, 4 to 8, 8 to 16. That's 100% increase in size. That's not easy to do mentally if you're used to just trading this size right here. So for those of you that trade options, buying one contract is difficult when you want to hold from a long period of a move because you can't take profits as the move goes on. So you end up buying two contracts but that is a 100% increase on risk. Exponentially different in contracts for sure. Yeah, and even in shares, one share having two shares versus one share is going to yield a 100% larger risk and a bigger return. If so, this is a good question to kind of segue out of this is if you were entering the market now to trade for the first time, where would you start? Honestly, everybody's gonna have a different answer on this but I wanna, yeah, Joe, you go yours and I'll go mine. If I knew the MIC process, I would go to large caps and I would go to large caps because I firmly believe that market is more forgiving for those trying to learn how to trade. Like if I was 99% long bias, I'm trying to learn how to trade. I know the MIC process, I know my entries are decent, I've just gotta tweak some things. That market is more forgiving because three out of four stocks follow the market and the market is designed to go up over time. So that's kind of my rationale behind that is you don't have to be as perfect as you do as a short seller in small caps. I would not be a long bias trader in small caps in the beginning. I think that is not the approach because it takes a massive amount of skill to be a long bias trader in small caps because you're innately hoping for that next black swan and you get too greedy and you can't just take these 20 or 30 or 40 cent gains. So I would be in large caps and I would be trading one share trying to learn. I'd go with a commission-free broker that way I don't get whacked on that stuff. I'd probably go to E-Trade and I'd be trading one share. All right, so my opinion is just open up a Coinbase and get a Dogecoin. No, but like, like, bro, that's the real place to start, baby. So realistically guys, realistically, man. Reddit thread, deep fucking value. Now you're talking, baby. That's the best way to start with the best mentors, right? The best way to start is what Joe just said. If you know the MIC umbrella process or you come in and then you take the time to learn it. I love what Joe said, but I think it's the first bounce specifically and the long side of big caps as well. Because here's what's gonna happen, guys. What you can do is a lot of guys that start out with us have a really small account, right? And if you understand how stocks move, you know, you take one month, take two months just to learn, just to watch the education, watch the commentary every day. Don't even open up brokerage if you don't want to for the first month or two. Learn, watch the accelerator, understand how price action works. And then dude, if you have a bigger account, you're like, okay, you know what, man? I'm, you know, I make good money in my job. I have a great salary. I'm a really good salary. I'm going to, I'm gonna throw in 30,000 into an account tomorrow. Great. There's a lot of guys that can do that. Then there's guys that are like, you know what, man? I only have two to 5,000 in my name. Guess what, dude? You can still extremely benefit from MIC. Because while, as Joe basically mentioned, but I'll go in a little bit more detail, guys with options, you can trade. You can trade Tesla. You can trade Netflix with a $5,000 account. You're just trading the option premium on them. So what I'm saying is, is learn the long side of big caps or the long side of small caps and master that first balance or master the long side. And then once you get better and you really start to see how stocks move, I think the easiest setup in the world. And I posted this today and dude, literally is SLRX. This is one of the stocks today. Look at this, look at this. I put this in pre-market. This is what I posted in pre-market. I said, guys, these are the levels I wanna scale today. These are the levels. If it gets up there, that's it. Look what happened in the morning. This is a nail and bail from a move that Joe and I talk about every single fricking day. If a stock is way under VWAP and it's super weak, comes in with a little bit of volume, it hasn't expected, quote unquote expected, nothing's 100%. It should fail at VWAP into the next top. There's the next top. Now, if I go into the main trading chat real quick and I just go all the way up to the beginning, let me show you, I'm gonna go into full detail on this real quick, I gotta find it. I know I saw it earlier, just give me a second. It was super early. Oh, I said, look guys, I posted, I said guys, and this is when it just happened. I said, who nailed it? Boom, members, Jay Triga nailed it. Nice one, Tosh took some at 257, Hugo nailed it. Jake Edson nailed it. I'm like, dude, that's awesome. He's like, thanks, Saul. You post something, dude, it's not about what I put. I want you guys to learn. I don't wanna take credit for anything. I don't care about the fucking credit, dude. It's the last thing I give a shit about. I want you guys understanding how these, whoa. GME, damn, what's happening? Damn, some people just got bailed out. My whole point guys is don't risk your money on bullshit like GME, right? Like don't just go yellow. I'm gonna long this and hope it goes to 150. Learn a simple process. When you join MIC, I, Joe, myself, Bao, we will teach you every single day the easiest, simplest, the shortest possible linear focus to make money every single day. And like I just showed you, if you're brand new and you're having trouble or maybe you've been a trader for a long time and you have to get rid of bad habits, but do this move every single day for a month. You won't take on L, maybe you'll take one or two. You will build confidence in your style and then you can venture out to anything. But I totally recommend what Joe said. Start with the long side, starting big caps, gravitate the order over the small caps, try it all on a simulator, see what feels right for you and do it if you have a small count. There's nothing outside of what you can do because you can do small caps easily and you also have options. Bro, there's nothing off limits. There's nothing off the table at MIC. And if you're wise, you don't just come in and expect to bet the farm and use your account to start making money and try to trade real money in the first two days. You get a month of MIC, you get the accelerator course and guys, you'll learn the old fashioned way with education first. I'm passionate about this because I don't want you, some of you idiots, get gambling away your money, man. I don't want that for you. I want you guys to frickin' learn, dude. Whether it's MIC, whether it's somewhere else, invest in your education for $9.97 and I'll even throw you a deal if you text me today because you watched this webinar. So for a certain price, dude, I'm gonna hook you up with a membership. You're gonna get this under $1,000, man, and you're gonna have everything you need to know for the next 100 years because price action psychology doesn't change. The patterns don't change, bro. Baal's been trading the same shit just across two different sectors in the OTCs and NASDAQ for 20 years. Like, I can lose my voice talking so much about this shit. Let's see what Baal's doing, what's he doing? Now I knew you were fighting that, you son of a bitch. Yeah, quiet, and when Baal goes quiet, he's focused. He is focused using that six line, though. Nice, nice job, man, nice job. See, in the morning, dude, so it's like in the morning, say this had overhead, Baal could be super aggressive on the way up because shorts have the edge in the morning. So I know that during this timeframe, because it's towards the late day and he doesn't have as much edge as he does in the morning and longs have a little bit of edge, he's sizing down. I know Baal's probably using only one fourth to one fifth the size that he's using in the morning sort of forwards him what's called basically a scale zone, right? So not a lot of traders can scale from 520 to 560, but Baal can because he's doing what's smart. He's sizing down and then he's paying himself on the way. This is called front side shorts require front side covers. So maybe has a small position left from like an average of 540 something here, then he's averaging up, he's going here and then he's paying himself on washes. That's called an expected move into resistance level, six the whole number into this right here at about 630, which he probably would have scaled up to. That's the point. No fighting, bro, I waited. Nice. Very nice. Dude, the whole point is if you guys understand process, that's all you need. That's all you need. Yep. No, I thought you were fighting first. I was like, don't make me slap you, bro. It's too late in the day. Nice. And now Baal knows not to pretty much go back because it's too late in the day, man. To get super aggressive right now in trading is just the death sentence. Just in case, you know, Wall Street bets comes in and issues five million people to buy up SYPR because then the next game stop and then boom, your trading curve is over in one day. That's the whole point. So now you got shit like GME and sympathy costs running. And it's just ridiculous. Is AMC running too? I think I was running earlier, right? Yeah, it's been running. It's been like a little bit of a bend. GME's halted. What this is going to afford is a nice short opportunity for traders in the coming days. Maybe even tomorrow and option puts for those who are ballsy enough to do so. But again, guys, don't gamble. Like that's not what we're here to talk about. We're here to talk about simple process every single day. You're brand new and you want something you can repeat every day. You need to screenshot that. Just screenshot it. Just screenshot that and focus on that every single day. And you will be a profitable trader if you have risk management as well. Joe, am I wrong in this or not? 1000% agree. Dude, how much more simple can we teach this? Seriously. Bro, you could screenshot this and be a profitable trader in that setup alone. Alone. And of course, there's so much more to it than just this screenshot. Oh, now you have a profitable trading career. There's more to it. And we're gonna teach you that when you come in at MIC. But I mean, seriously, this is a profitable trading setup. This is almost all you need sometimes. But again, man, that setup might not be here in a while, you know what I mean? Like you never know. So you have to adapt. You have to do things. Jay, trigger it. Exactly, dude. Yeah, I remember that. Exactly. Oh, the death candle. Bro, that's my favorite. Outer lines or death candle hit the bounce. It's as simple as that, bro. This is my process every single day I've used for the last four years as a short seller. I like on this particular chart that he saved from a webinar a long time ago. This is a perfect example. It opens up, you know, around this area, squeezes up outer lines or you wait for the death candle to hang, hit a pop. Simple as that, bro. Option one or option two? It's not much more crazier than that. Spy topping out a little bit. All right, do you guys have any closing questions? Cause I'm sure Bal wants to go eat some food. I do as well. And we are exhausted. My throat, my voice is gone. Any last questions guys for our team. If we haven't proven to you today how simple trading can be and what we have to offer at MIC and what you can benefit by being a member. Dude, just quit your trading career, bro. Seriously, how much more of a skeptic or how much like, like, you don't know what you don't know, bro. I don't know how much more we could have proven it to you today. Bal's live trading, what we discussed, options. We give you setups. We teach you psychology. Kept the traditional live trading. Bal's superstitious guys, so he will not break this tradition, I'm telling you. I am too, man. I wasn't a superstitious guy until I met Bal and I was like, man, maybe there's something to this. I made enough money for an annual membership just trading during the webinar, knock on wood. Awesome stuff, bro. Awesome stuff. I'll take Venmo, please. And I will be going to get a steak after this so you can just Venmo, you can just Venmo Mastros for me. We'll just cut the middle, man. You don't need size, guys. It's just the process, seriously. It is just the process. Midtown knows, Tony knows, Tay knows, Deckard knows. Anybody who's been in here for two weeks knows. It is not the size. I don't care if you use 10 shares, guys. I don't care if you use 10,000. If you have the same process with the lines, Kevin knows, Kevin definitely knows. I've been seeing his progress big time. Shout out, Kevin, dude. I remember when he was in his week one, which was like, oh God, dude, Kevin, what, half a year? It was probably seven months ago. And I was guiding him on like how to even shorter, how to get started in. Dude, I've seen huge progress, man. Size does not matter. It doesn't. 10 months, 10 months. Okay, there we go, bro. But that's the point, guys. So we have, when Bao says, you know, talk about the call stuff, so what this is, guys, is let me actually, I think we have it on here or what we did. What the calls are is we do trader calls every single day. So if you see in the main trading chat, guys, or after hours, what we do is we post in here, is we post during certain times. So my time slot is three to four eastern standard time every single day. Well, sorry, not on Wednesdays because I'm here with the webinar, but Monday, Tuesdays, Thursdays, and Fridays. And then Joe Kelly will post, Tom Deeson will post, James, all the guys. And every now and then you'll be able to catch a moderator every single day, almost every single day, for a trader call. So I'll say, hey, guys, I'm about to line up trader calls. The first three, because that's all I have time for, the first four, it's first come, first serve, hit me up and we'll get on a 10, 15 minute phone call. And guys, we'll just have a one-on-one webinar like we're doing right now, but we can do whatever, we send me charts, we can talk about whatever, we can talk about sizing, whatever's going wrong in your trading, whatever's going right. So you have to understand the whole implementation of MIC is mentorship, our freaking, our dude, our logo for God's sakes, look at our logo. Mentorship is the shortcut to success. So everything we do, this is Bao teaching Alex together. That's what this was based on. That's a fun fact for those who don't know about two and a half years ago when we created MIC, Alex was like, bro, let's do this cool logo. So I, you know, we hit up, we hit up this guy, we got this made and I sent him my level two screen shot. I don't think you can't see it because it's so small, but this is see, I remember, I'll never forget it. This is CHFS on some random ass day. Dude, I just took a screenshot off my freaking computer, but this is CHFS and that's our logo. So like the whole point is, is mentorship is key to success guys. So whether you need PMs answered, which are open all day, whether you need a trader call, that's what you sign up for. That's what you pay us. You pay us to teach you how to make money in the markets and how to have a trading career. And I'm going to end with that, man, it's powerful, dude. So if you guys need help, we're here for you. We've proven to you, we've proven to you again. And now it's up to you to actually utilize us. You guys are giving me fucking foma now, man. Damn, that's crazy. Yep, this is what happens when sympathies run, bro. For those who are not familiar, sympathies like AMC or cost have ran with GME before. So if GME, you know, shoves a hot poker up wall street ass, the others are going to move, but at a much slower fashion, but they're still going to move and they're not nearly as powerful as Bow has always made famous is these sympathies are never, they never go as far and they're never as powerful. So if you did want to short something like this, GME is not your focus. AMC, cost and all the sympathies are because they're just moving in a coordinates like a freaking, you know, like the first order and you know, Star Wars is like the freaking emperors walking through the aisles, that's GME. And then you got freaking Kylo Ren, you know, all that stuff. So that's what it basically is, man. You got Kylo Ren, you got the storm troopers, which are all those damn sympathies. So, oh shit, Tay, in AMC calls from last week, she saw what was happening. She was paying attention. She got in early. I still to this day think that Tay's psychic and does tarot cards or something because this girl is always in before things start actually freaking breathing. It's crazy. Tay is literally like a freaking gypsy or something. But guys, we'll end with this. You guys are awesome. We love doing these every single week. If you got any benefit from this, just imagine what you get with a paid membership or if I hook you up with the accelerated course or you know, we'll do something for you, man. Whatever you need, annual membership, you know, fill out our lifetime application. If that's what you're looking for, I'll review that, we'll get back to you. We're here for you. And now we are going to go in after hours, shoot the shit, I'm gonna go grab a lunch. I'll post my lunch in here, we'll post memes and dude, we'll do the damn thing, man. So, oh, and here's Nico. Dude, Nico on a eight year overnight success story. Awesome. I'll definitely take a listen to that soon again. So guys, we'll see you in after hours, go network, go have fun, go spend time with your families. Don't obsess over charts 18 hours a day. It's much simpler than you think, but get your psychology right. And the last thing I'll say the last thing is cause I actually gave this advice to a lot of people recently. When someone was hitting me up and he was like, dude, I'm treading water for a while. I never trust my lines. Guys, not everything about trading is in the charts. 90% is in the charts in the education. Read a book on discipline, not trading discipline. Read a book on how to be a disciplined person. Read a book on how to be a trusting person. Read a book on self-love because when you start to trust yourself in life, you'll trust your lines and trading. All right guys, I'll leave you with that. Thanks guys, thanks for showing up. See you Joe, see you pal. Later bro, have a good one. See you bud.