 Alright everyone, today's Thursday, day 1,000 of quarantine, don't know what fucking time it is, don't know what day it is, I just know that we're in quarantine. So a couple things I want to talk about before we get started and then I'm going to talk about today's topics. Number one is if you are new to trading or have any questions about trading, we have a direct line for you guys to ask us questions. So Tosh, who is one of our head moderators at MIC, he actually opened up his phone number for you guys. So please, if you have any questions, text him directly, do not call him, he'll be there to answer any questions you have about trading, any questions you have about MIC, if you had a good day, you need someone to talk to, you had a bad day, you had someone to talk to, hit him up, his number is 213-458-5997. So what I want to talk about today is just basically what it's been like trading in this bear market, what it's been like waking up every single day and kind of just seeing what the market gives. So the common misconception is that a bear market means that there's no place. If anything, I have never seen so many stocks in play in my entire life. Every single day, we're getting five or six stocks jumping up and having massive amounts of range. And that's not just in small cap world, that is in large cap world as well. A lot of these stocks have so much range, even the big ones, Boeing, Amazon, Facebook, Apple. So if you are trading any type of market right now, it is a trader's market. This is the best, best, best market I've ever been trading in. Every single day, knock on what there's been so many opportunities. So what I want to talk about today is my trades on APT, my trades on SGBX, and then we're going to talk about this APOP squeeze. So number one is every single morning, I wake up around five or six in the morning and I make a watch list for the members. So what I do is I basically take all the guesswork out of the trades in the morning and I give you my daily detail game plan for all of these stocks. I look at the stocks, I do the research, I look at the technicals, and I give you the exact areas that I myself personally have my orders ready to short on these stocks. So basically what a lot of people do is they wake up, there's two types of people. Number one is they wake up and they don't do any work, they copy my watch list and make money. Whatever. You can do whatever you want. I don't give a shit. What people do is they wake up, they create their own watch list, they compare it to my watch list and then adjust it as need be so that they could form their own process for themselves. So my watch list is a guideline for what you guys should be trading. So every single day, depending on what type of person you are, you are going to have at least three to five setups that you could potentially make money on if you have your orders ready and if you follow the rules. So coming into today, I saw APT was the top watch for me. I think yesterday there was news that the government said that there's going to be regulations on these face masks or some bullshit. I have no idea what the news was, but APT found a bid. So what I'm looking for on a stock like APT is a dead cap bounce to short. APT, if you remember, is one of the stocks that I made $50,000 on when the company tanked and had its first red day. So I am very familiar with this stock. I've traded in the past, I've made money on it in the past. These people are waving to me. I've traded in the past, I've made money on it in the past and I'm used to it. So I have a sense of confidence with the stock. So coming into the morning, if you guys know, my favorite things to see pre-market are downtrending stocks. I want to see stocks that are downtrending pre-market because I know that they're going to have a blip pop and then come back down. This is a dead cap bounce that we looked to short. So if I see a stock pre-market tanking, if I see a stock pre-market tanking, I am looking to short that bounce if the range is there. So on APT, we have a massive move yesterday. Today gaps up pre-market, but it finds its way down. So in the morning, my plan was if the stock goes red, I think it was at $17.20. I put it in my watch and I said, if the stock goes red, short it. That's the plan. So pre-market, it broke 17.20. It went to $16. So you can make a dollar a share if you just traded a pre-market, but we waited. So in the morning, I adjusted my plan, I put it to the members, and I said, look, the stock is now trading at $15.50 and $16. If the stock pops towards $16.50 and $17, I will short it. The stock popped to $16.50 and then $17.10. So I shorted it. I had a $16.75 average. The stock's high today was like $17.10. So here I am, following my plan, laying out my plan two hours or an hour before the market opened, had my fantasy orders out and waited for it to fill me. Now, another thing that I want to make note of is I used size on this setup. Now, why did I use size on this setup? So it always goes back to the same thing. We are only allowed to use size when we have an edge. So on APT, I felt like this. The stock gave up pre-market. The stock went red pre-market. The stock tanked at the open. So here we have a stock that is weak, red, and tanked. So if it bounces, if it does a dead cap bounce, that to me seems like a trade that warrants a bigger edge, which allows me to size in bigger. So because it was a day two play, because it was red, because it already tanked, that to me gave me the confidence that, all right, you are allowed to size in on this stock because it's given you all the signals that you need to get in size. So I got a 1675 with size, 10,000 shares. I covered for a little less than a dollar a gain. What was my stop? My stop was if it went green and held green, I would have stopped. And the stock went like a dollar or two lower than me. So if I held, I could have made 20 or 30 grand, but that's also a problem that happens with mindset. So there's oftentimes that we make money in the stock market. And it sucks to say, but we make money in the stock market and it's not enough money. We feel like it's not enough. We want to nail the top. We want to nail the bottom. So when I have stocks like APT that tank a dollar more than me in the past, when I was more immature, I would feel like, damn, I was right. I knew I was right. I should have held. I'm going to short the bounce. I'm going to short the bounce. So bounce five cents, 10 cents, and I'm immediately shorting it because I'm an idiot. These days, what I've done to refine my process is if I make a bunch of money early in the morning with zero stress, literally zero stress, I have to force myself to lock up. So that's kind of been a part of my process. That's been a part of my rules and it's yielded to a bunch of profits. So today on APT, I followed the plan also. I also traded SGBX. So if you look at the SGBX daily chart, there's a lot of wind here, sorry. If you look at the SGBX daily chart, you will see that the stock was red, bounced towards green, and failed green towards $6 whole dollar number. So in the morning, it was a day two play. That tank bounced and failed green. So I shorted that around $6. Needless to say, I got out around $540 and it went under $5. So the point that I'm trying to make is that every single day when we stick to our process, there's so much meat on the bone for us to make money that most of the time it's going to tank even more without us and that's okay. If your biggest problem trading is that when you're making money trading and the stock is going lower, that's a good problem to have because it shows that you're making money, right? If my biggest problem as a trader is that after I cover the stocks are taking more, one more do I fucking want? One more do I want? So the key to all of this is mental sharpness. If you are not mentally sharp in the stock market, you are doomed. This is the entire topic that we talked about in last night's trader clinic webinar. So let me kind of give you guys some tips on this, right? So number one is this, every single day I stick to my process, right? My process is I have a routine. I wake up at 5 or 6 in the morning. I go back through and brush my teeth, drink my espresso. I get to the desk. I make my watch list. I do everything, right? But my biggest rule, my biggest part of my process is the zombie rule, 10.30. Every single day at 10.30 on the dot, I get up and I walk away. The reason why I do this is because based on my statistics, based on what I've tracked for myself, I consistently lose money on the short side after 10.30. So because I've eliminated trading midday, I've yielded to higher profits. So what everyone has to do, everyone has to track their own personal statistics. Everyone has to see what is working for them, looking at their strengths. My strengths are shorting stocks under $5 between 9.30 and 10.30 AM. I know exactly what my strength is. So because that's my strength, I eliminate everything else. I don't care to try to figure out how to trade midday. I know that there's plenty of long opportunities midday. But personally, for me, I'm sticking to what works. Because at the end of the day, every single day, I walk away. Every single day, I walk away stress-free at 10.30. And because of that, the next day, I'm coming back with the proper mindset. If I am stressed yesterday, I'm going to probably be stressed coming into trading today. So every single day, I am trying to trade with the least amount of stress so that I could come back the next day and still be not stressed so that I could keep making money every single day. Because all this stuff makes sense, guys. If it makes sense, I see a light counter here. So I'll put the light up or whatever the hell it is. But it's all this stuff making sense for you guys. Every single day, we're waiting for stocks to tank and shorting the bounce on something like APOP today, APOP. It is a low-float day one, SSR. Why the hell are you trying to find the top here? So what we did is we gave the members a process. We said if this stock breaks $3.30, there is blood in the water. If this stock breaks $3, you can short it. So we are waiting for these stocks to break the support and then shorting it. Currently, APOP is at $3.05. If broke $3.30, it's at its last support. So technically, you can be shorting here because the stock has broken down and you have a dollar worth of bag holders on top to give you resistance to keep it down. So every single day, guys, ask yourselves, did you lose more than $200 today trading? If the answer is yes, it's probably time to start investing in your education. This market like this is not going to be around forever. There's only going to be a certain amount of time that this market is going to stay this hot. And while you are home, while you are quarantined, while you are forced to not leave the house, don't you think it makes sense to start investing in a skill that is going to be recession proof that you could trade and trade and trade even when all the stores are closed out, even when all the businesses are down? Stock market is still open and we are making money every single day. Knock on wood. Where the fuck is some wood? I got to find some wood right now. I'm going to lose my shit if I don't. Hello. All right, let me see. I mean, this cardboard box, I don't know if that's considered wood, but I'm going to fucking knock on this as the best I could do, the best I could find on short notice. But you see what we're saying, guys? You see, oh, duh. Anyway, you see what we're saying, guys? You see what we're saying? Every single day, man, every single day, we are trying to just show up and not lose money. Yeah, guys, I'm an idiot. See, you don't have to be the sharpest tool in the shed to be trading. I don't consider myself a genius. I don't consider myself smart, but I am showing up every day working my ass off, guys. Every single day, I am working my ass off 15 hours a day. I wake up at 6 a.m. and Tosh knows I was messaging him till 1 a.m. market time last night. I told myself to sleep at 9 p.m. I was awake till 1 a.m. talking to Tosh. It's because I love what I do, guys. And I know that my success is a direct correlation of how much work I put in, so I work my ass off every single day. Because remember, I am trading against you guys. You guys are trading against me. I am putting in the work all day every day so that no one is working harder than me because I know that the guy on the opposite end of the screen is trying his very best to take my money. So it is in my best interest to be as educated as possible, to be as sharp as possible so that I am the one that makes the money. Trading is a sport, guys. You are a professional athlete when you are trading. You're not supposed to be physically fit, but you are supposed to be mentally fit. And sometimes I'm fucking crazy. You have to be a little crazy to trade. But every single day, guys, I am doing my best to show you that I am being disciplined. I am putting out my watch list every single day for you guys. We are making videos every single day. Monday, I had a video. Tuesday, we had a Bow Instagram Live and a Joe Large Cap webinar. Wednesday, we had Tasha's new member webinar and a trader clinic webinar. Today, we have this video, an Austin strategy video. So during the week, seven days in the week, we are releasing 10, 11 videos. This is a full education every single day. This is like going to school every single day. If you want to make more than a doctor, if you want to make more than a lawyer, I made $11,000 today in one hour, right? Good luck trying to make that as a doctor in one hour. But I fucking busted my ass off every single day to get to this point. And the sooner you start doing this, the faster you will see results. And the sooner you learn from someone that actually knows how to trade, the better it is because you don't have to spend six months unlearning bad habits. This all makes sense, guys. All right, let's open it up to Q&A. So if you guys have any questions, as I'm making my way back home, I will answer all your questions. How much do you recommend new traders start trading if they want to make around $150 or $200 a day? Number one is you cannot make $150 or $200 a day without proper education. So I would say you need to at least, at least have $5,000 to trade and making $100 a day isn't hard. It's just 10 cents on a thousand shares, right? You have a $3 stock, you short 1,000 shares, it goes to $290 and you make $100. But before you could do that, you have to learn the process of doing that. That's why education always comes first, guys. Always invest in your education first because it's gonna take time for you to learn, guys. Can you trade shorts from E-Trade? You could short large caps on E-Trade. You could not short small caps. Where do you recommend you get education from? I'm just gonna ignore that. Any other questions, guys? I think that's it, guys. I'm gonna keep it short and sweet. I don't wanna kind of take too much of your time. And if you have any questions, you could DM me on Instagram, alex-underscore-temis. I answer everyone's DMs. If you have any questions about trading or any questions about MIC, you could text us. It's not a robot. I had 213-458-5997. So thanks, guys, for watching. I appreciate all the people that ask educated questions, and let's continue to kick some ass during this quarantine. Thank you, guys. I appreciate everything, and leave a comment and let me know what you thought of this video. Thanks, guys.