 So we're gonna make it short and sweet, man, because this is a lot of stuff to talk about today, because today I had great plans coming into the day. NNVC, you know, I was like, okay, I'm gonna nail this one trade, and I did. I posted a chart in the room. I charted at like 980 something, covered down to 920. So let me start off with that stock right there. Cause that's the stock that basically screwed everything up for me. Screwed everything up for me. NNVC, you know, I started the day really great. I was probably up like two grand on that stock. I covered out, and the way I did it was this. You guys ever see, you ever see the Deadly's Catch when you're, what, the Crab Fisherman? Okay, so the way the Crab Fisherman guys work, the Deadly's Catch, okay, they're catching crab legs. So this is a great analogy here. So they go to Alaska and they start catching crabs, right? And what they do is they have like 200 pots. What a pot is, is a cage. It's a rectangular cage. They drop in the bottom of the ocean with bait in it so that crabs can come into it. They call it a pot, which is basically a cage, right? And so the way they do it this, they test out some test strings, they call it. So a string consists of maybe, you know, a group of like 50 pots in a row, whatever, right? And so it's a string of pots. And there's two ways to do it. One is just to dump all your pots down on the bottom of the ocean and hope you get crab. But what happens is this, what if you fail? Then you're gonna end up having to re-pick up those 200 pots, re-stack them, move them to a different location. So what they do is they do a little spot test. They drop maybe 25 pots down and they come back and they see if that spot is good, you know? And so by doing that, there's a pros and cons, okay? Spot testing is okay. Well, they have to spot test, you know? So they basically gotta wait. It's a waiting game. But what that does is this, they don't over commit. They don't drop all their pots and now they're stuck a week trying to re-pick up the pots because it takes like, an entire like a day, it takes days to pick up a pot, right? Each pot they can do in maybe five minutes and you have two, so that's a hundred. Dude, they have 200 pots. So it's like a thousand, you know, 1,000 a minute. So okay, whatever that comes out to. So that's what I did today, dude. So what I did was I spot tested and NVC. I made money. I was up like two grand, whatever they, you know? When they started, I was like, oh, shit, I'm up with two grand already. I really don't look at P&L. I just place my trades and then I execute and then when it's done, I look over, right? So I'm still spot testing in NVC. So I didn't really size up yet. I had maybe 7,000 shares allocated to NVC that I could use. I've used maybe only half of that. So what happened is this, I made money. I was like, holy crap, there's crap down here. I'm making money. But what I did wrong was this, guys. I dropped all my pots really quickly right back. I didn't give it room for the crap to move around because NVC, so the error here was this. NVC is a low floater. It's fucking, it's gapped up huge. It's known to be a stock that's very manipulative and it's right at the open. So I took a big gamble and I dropped all my pots down, dude. So I made my money and then I started to scale really quickly back at 9.50, 9.70. And actually I turned around. I wasn't even looking because I was trading way too many stocks at a time. I woke up and I was like, holy shit, there's so many fucking stocks, I'm really excited. And I just kind of like, when there's too many stocks running, I am a greedy motherfucker, dude, I tell you right now. That's my mistake. I'm so greedy I want to trade everything. So I ended up, you know, it worked. I made two grand on that NVC, that's why I dropped all my pots down. Way too early. Next thing you want to turn around, I'm down a dollar a share, okay? It hits 10.60 or whatever the hell it hits, right? And I didn't even see it hit, by the way, because I was trading nine other stocks. I had like nine other positions out open, right? I probably traded like almost eight to 10 positions and it was just stupid. I was like, fuck, I was so greedy because I had a cushion. Once again, it was the cushion game, right? And so I dropped all my fucking pots. So I turned a $2,000 winner into like a $4,000 loser by basically dropping all my pots and then spot-testing, dude. That's because my focus was not on that stock. I thought I had a clear winner. In trading, you can never turn your back to the stock just for one minute. One minute's an eternity. During that one minute, I turned my back to, and NVC is fucking jumped out to 10.60. And that's where a lot of people got stopped out and stuff, so I was like, holy crap. So I was stuck in that stock on two accounts and so when it came back down to 10 bucks, I took it off and I basically just cried. So I turned basically, I was up two grand to down like, maybe for the day now, three grand. So it was like a $5,000 swing, whatever the hell it was, right? And I was like, holy fuck. So that's, and then that cost me to do a lot of things. That FOMO, because I had cushion. I traded a pre-market, I had cushion, I was up on the stock GMDA, GMDA, 750 was the line. I have no idea why I started at seven, under $7. I had so much FOMO, because I'm like, dude, I had cushion and next year you know, it just swept everybody. It jumped up right to the line where it's supposed to be. I was like, fuck dude, it got to 750, but the problem was this. Okay, this is how, this is the lesson I want to teach you guys. The lesson is, no matter how long you've been training and stuff, dude, when the frenzy comes, when your brain gets all jacked up, even though, so I lost all confidence at that point. I was like, NNVC fucking ripped the dollar up. Fucking, I lost back like four or five grand on that stock. And all I can see is this, I've seen negative, like all these negative scenarios can happen on GMDA. I'm like, what if this shit ripped up two dollars? Now I'm gonna be down 10 grand on the day. I don't want to be like that. And so I was like, fuck dude, so I stopped out where I initially was supposed to enter. 750 line is where the watch list was, where Alex was, where all the members of MIC was. For some reason I started at $7. So when 750 hit, I was like, fuck, I'm already down 50 cents. So I got out. So I ended up losing $2,000 on that stock. So here I am sitting on a $2,000 loser on GMDA with, then I turn around GMDA drops a dollar. If I had just had patience, patience guys waiting for the line to hit. If it doesn't hit, I don't make money, but that's fine. The problem is when you're FOMOing like I did, when you fucking lose, you're gonna get your ass beat. And usually what happens is this, it's always gonna go back to where you thought it will go. If I didn't have FOMO and I just placed my fantasy orders at $7.50, I look around and I'm down, I'm up $1. So I'm being down 50 cents. So FOMO is the killer guys. And so that's what separates people that are learning for the first time. I have really bad habits, man. I mean, you know, there's a lot of bad habits I have. And so the key to trading is this, we already identified the winning strategies. We know what is proven. That you guys are already ahead of the curve, okay? We taught you the process around winning strategies. When I started trading, I didn't know what a winning strategy was. It was trial and error. And so that's where my bad habits come from. The trial and error of adding to a loser, fighting a stock, thinking that the stock is like trying to trick me. Stupid crap like that conspiracy theories where, oh, market makers can see my stocks and they're gonna fucking come after my fucking stock. Market makers don't give a damn about your 200 shares that you're trying to do a stop-loss one guy. Seriously, they don't give a fuck. You know, you need to put the stop-loss in and not worry about the conspiracy theory. Because they don't really give a damn about your $1,000. And if they come for you, you're putting it into an area of stopping out that everybody else is stopping out at. Okay? You cannot go with the herd. So I did exactly what the herd did on GMDA. I fucking stopped out at the 750 when I should be entering like my plan. I panicked. That's because I just got whooped on NNVC. I got whooped on NNVC once again, but I dropped all my pots early. You cannot do that, guys. You have to slowly scale in and you just can't assume that the stock is gonna go your way. I thought NNVC was gonna go down to $8 because it went down to $909 or something like that. And I was like, okay, please bounce to $950. So I dropped all my pots around $950, $970. Next thing you know, boom, it's at $1060. And I'm like, holy crap. And so I did, so when that happens, you know, I panic. I'm like, dude, what if they did the same at GMDA? So these are the things that it goes through a normal trader's mind. I mean, I'm not a fucking, I am not a psychic. I mean, I know this GMDA is supposed to go to $750. It's supposed to go down to $650. And it did do that. But when you are early, when you are upside down, all the negative shit goes through your head, guys. It's the fear. The reason I have the fear is because I don't know what my loss is. I did not pre-define my loss on GMDA, guys, because I thought for sure I was going to make money. So I came into GMDA, breaking, deviating from the process. So the process is always this, guys, you have to pre-define your risk. Pre-defining your risk means you know where you're going to enter, where you're going to take the loss. I didn't even think I was going to lose on GMDA because that's the set up I've seen a hundred times and 95 out of the hundred, I make money. But the problem is you have to have proper timing. I cannot be early. If I'm early, I will stop out. So 750 line was very obvious. You know, people think it won't get there, but it got there, it always gets there, guys. That's why I deviated from my process. I did not pre-define my risk. If I pre-define my risk and thought about it, I was like, if you're entering at $7 and you want to get to 750, that's 50 set move. You shouldn't drop all your pots. Maybe do a thousand share order and then add the rest at 750. So I'm only down 400 instead of fucking dropping like 5,000 shares and already getting upside down. So what I did was, dude, I did not pre-define my risk. Okay, this is very common. When you do not pre-define your risk, fear comes out. Fear is because of the unknown. But if you pre-define your risk, you know exactly how much you're willing to lose. How could you be fearful? So I was fearful because I did not pre-define my risk and then when it happened, I just panicked. Now this is the problem with most traders, guys. Traders that are not putting in stops, they're not pre-defining their risk do not understand this concept. It's very simple in life. The only reason you're fearful for anything in life is the unknown. But if you know, how could you be fearful, right? So this is the secret, guys. The secret is to pre-define your risk so that you do not be scared when the time comes, you can act on it. Why am I entering $7? If I entered $7, I would have stopped at $750 like everybody else. But the ones that are learning MIC and being disciplined are shorting where I am stopping out because they do not have that FOMO. So after that happened and after seeing GMDA did exactly what I wanted to do, going down a dollar from $750, I could have done two things. Cryed, broke my keyboard, went to sleep or whatever, right? But I was like, you know what, man? I'm gonna calm the fuck down. The reason why I calmed the fuck down because even though I took the losses on NNVC and GMDA, there were manageable losses, guys. I had a little cushion that I was manageable so I ended up losing, shit. 16, like $1,700 on GMDA and probably about that same back on NNVC. So yeah, I gave back a good portion of the chunk. And so I was red on the day. So I went from a nice green to a nice red on the day. But it was still a manageable red because I stopped out. I had the foresight to actually stop out. And so it's fine. If I lose 3,000, it's just a day's of work for me, right? So I kept it to a minimum. I was down like three grand, which is a day of work for me. So at least I did that right. I planned my size so that I don't lose more than a day of work. So that was the one good thing I did. The one good thing I did was I didn't locate and start scaling infinite size. I had a max size in mind and I kept on it. And that's what preserved my mental capital as well as my money capital. And then what happens when I saw it like, okay, I'm still recoverable. That's not that of a loss. And it's still only 10 minutes in a day. Only 10 fucking minutes in a day. 15 minutes, right guys? And so I kept my losses manageable and that worked it back. So now I think I'm close to $3,000 up for the day. So it was a crazy ass, stupid ass swing. So I thought it was really red. I traded like crap, but then I went back to my process. Once I calmed the fuck down, I stopped having FOMO because I can't afford FOMO anymore. So I'm gonna tell you exactly why I was able to recover. This is the difference between you guys learning from me and learning from a Furu. What a Furu would do is revenge trade. I see this all the time. They'd be down $15,000. How the fuck are you even down that much? It's because you're fighting and you're fighting. You don't have a process. The key to all this is a process. If you have a process, you can always, if you deviate from that process, guys, you can go back to your process and make that act of money. But if you're just winging it, these guys are just winging it. When they're down 15 grand, what they do is they double up. Revenge trade. They got out of that trade. Oh, I'm fucking, I recovered half of the gains. Now let me revenge trade again. It's the old Martin Gale system, right? Where Blackjack, Morgale, where if you lose one hand, you double up the next hand. You lose that, you double out that. Eventually you went back, right? Eventually you went back. Yeah, but the problem is if you lose 10 hands in a row, you're gonna go bankrupt. Or even four hands in a row at big trading sizes, right? Eventually you're gonna blow up. That Martin Gale, the doubling up shit, revenge trading, I call it revenge trading, does not fucking work. It works every time until that one time you lose. And then you never be heard from again, you go bankrupt. But even worse than that, what are you teaching members? You teaching members to fucking trade like a fucking, like a fucking idiot? I don't wanna single out anybody, but if you see people revenge trading and being happy that they're down shit little money, and you see them start trading a million dollar positions, half a million dollar positions, just to make back a few thousand dollars, that's just fucking the wrong way to do it. Okay, so I've been telling the team, I've been very good lately at stopping out. You think I wanna take a $3,000 loss after being up fucking two grand? But I had to, because $3,000 is only a day of work for me, and I can make that back. But if I started fighting, and if that stock, NNVC or GMDA went up to $10, I'd be broke, all right? And I'd be losing my max, and I still have my max day of loss on. So I'd be okay, but at the same time, I would not be up right now. I'd be fighting this shit, and who knows, man? Who knows, I think it would have went up. So the key, guys, once again, is you have to have a repeatable process. You cannot just wing this shit. Money, the P&L doesn't mean shit. I traded like garbage today. I traded like garbage, and I'm still up. That's what my process saved me. My process got me to have a max size where I don't fucking lose more than a day of work. My process had me stop out, even though it was a $3,000 loss when I was up $2,000. Who the fuck could take that, right? That's a lot of fucking money, actually. But it was all about my process. So I took the loss, and I recovered back, okay? No revenge trading. And to me, that was what I was very proud of. At the time, I was not very happy. I was fucking like an 80, I'm pissed. But then when I look back, I was like, dude, I follow the process, I deviated, sure. But at least these other risk parameters saved my ass. You see, I call it layering. Layering your risk, okay? A lot of these guys have no concept of risk management. And that's why members don't learn shit, and that's why people blow up. Risk management, it's not just putting a stop out there. Because you know what, man, you are not trusted as a human being just to have one parameter. You have to set up like 10 fences. It's like, I wanna use an exact example, but fuck, if you have a teenage fucking daughter who's hot and all these guys are trying to fucking break into a room, what are you gonna do? You're just gonna have a lock on the door so you're gonna climb out the window. You know what I'm saying? You have to have so many different parameters set in place. Fucking guard dog. Maybe two fences, bars on her window. Take her phone away. Camera. So whatever it may be, because you know what, man, one is not enough. So we have what's called layering risk. I have videos on this guys, layering risk. The proper way to take a loss is layering risk. I call it layering risk. Stop losses. Max size. Max daily loss, set at the broker level so that you do not fuck up yourself, okay? Back in the day, I had a max loss in my head. That shit went out the window and I hear guys do this. I hear guys call it the broker to take away the max daily loss and then they get fucking killed. I just heard that the other week, someone told me they reached a max daily loss and they called the fucking broker to remove it. And that never works. And so you have to have a bunch of different layers, okay? And so the broker actually has a max position size that you can call. That's another thing. Maybe I wasn't so clear about last time. So not only can you do a max daily loss and I'll tell you how you can do the max daily loss guys. There's two ways, auto liquidate, which in my opinion, if you're a new trader, maybe you should do that because what happens is this, I've been here before where I hit my max daily loss and then I just hold onto the loss because I'm like, fuck, I can't trade anymore. And so I'm waiting for that fucking stock to drop so that I'm under my max daily loss so I can start adding more size to it. You see how stupid it is? Human beings are always trying to break whatever rule that you have and try to get away with it. And when you get away with breaking rules and bad habits is when you start to fucking become a horrible trader, okay? Bad habits result because you are rewarded for the bad habit. If you got punished every time you broke a rule, I guarantee you're not gonna break that rule. But it's because we got away with breaking the rule all the fucking time except that one last time you blow up. That's why. And so that's why you have to sit down after each major loss guys. Even before this, when you get back to your trading desk after my IG live, sit down and build these fences. Risk management is the only way you will survive even after 20 years of trading. All you take is one dumb ass thing. Look at those guys getting killed on oil. So shit like that, right? Beyond meat, tillray, all it takes is one slip. So go back, set up these parameters around your account, call the broker up and say, let me only have $1,000 max loss a day. Auto liquidate for me please. Because I'm not trusted to liquidate myself because I'm going to fucking freeze and then hold the losing position hoping it goes back in my favor. Number two, call the broker, set a max size. There's no reason you should have isn't a max size because having a max, no max size is gonna have you keep adding to a loser over and over. Having a max size is like giving a kid an allowance. With an allowance he can budget himself. Knowing that you only can do 2,000 shares, you are now pre-planning your entries. But if you have an unlimited number of size to add, I'm just gonna add here, add here, add here. So max size is just as important in my opinion because with a proper max size, you should not be able to hit your max loss unless you are stupid. Really stupid or very unfortunate, okay? So if you properly do a max size, you won't hit your max loss. If you do, because you may be size too big, so size down. So all of this could be done at the broker level so that all of this is removed from you because humans are not to be trusted, right guys? So that's number two. Number three is to use hard stops. Have a habit of using hard stops. And that's, you know, those three things. Well, even though you lose, it won't kill you. It's like putting a seatbelt on, like Alex says, put a seatbelt on. It may crack your rib and it'll fucking hurt, but you're not gonna fall out of the car and get ran over and break your neck. So these are all the risk parameters, okay? Because even like a guy like today, been training for fucking so long, the moment that NVC went from $9 to 1060, I was like, I was doubting every fucking trade after that, guys. I was like, holy fuck. GMDA is gonna go to $10, must exit. So that's where I lost on these. But then when I calmed down, when NVC went back down, I calmed down, I looked at my P&L, I was like, it's not that bad, you know, the day just started and so I slowly worked back my, you know, worked back my fucking account. So here I am, I'm up 3,000, but I felt like I traded like shit. So once again, guys, it's not the money, it's how you traded, okay? There's days I traded so well, but my P&L was so shitty. That's the way it works, right? Like yesterday, I traded so fucking well, but my P&L was fucking little. I think I was up 37 or four grand yesterday, but I was like, fuck, I look bad, I should be up 10 grand, but you know, it didn't happen. Today I traded like shit and I still got paid. That's because I was not rewarded, guys. When you look at the P&L today, I fucked up, I was not rewarded. What I did was I did the proper process of risk management. My trading sucked. So basically there's two components of trading, right? There's the execution part and then there's a risk management part. So I executed the shit like dog crap. I have FOMO and execute all wrong, but what saved me was risk management. Proper risk management, which means proper sizing. I had a max size. It means stopping out at certain places. Even though I took a loss, it was a manageable loss and that's how we recovered guys. So that's how you can fucking save yourself. You can save yourself two ways. If you had a shitty entry like I did, you can save yourself a proper risk management. If you have shitty risk management, at least have very, very good entries. Because if you wait for the outer lines, you know, your shitty risk entry will be saved because hopefully you won't have to fucking stop out. But you have to have both skills if you want to continue as a good trade trader, guys. Woo, all right. That was pretty much my morning. Anything else? Let me see, any questions, guys? Anybody want to come on? Missing anything else, Alex? Because I think that was key, man. The key was again, you know, it's the risk management. We always preach about this a lot of people blow up their accounts. We teach you proper entries. We teach you proper risk management. It's up to you, a disciplined person. All right, I gotta bring one person on and then we'll call it. Anybody want to go on, raise your hand, say I want to get on? I always say, man, it's like, you know, we are not perfect traders when you see these gurus, they're posting a giant P&L, they're posting all this shit. You know, the mindset, the process is more important. A lot of these guys really do not have a process. You know, they just have a lot of money. But the thing is, it works for them. That they're experienced. I'm not saying they're bad traders. It works for them. The problem is if you're teaching someone a new trader, it does not gonna work for you. It's not gonna work for them. It may work for you. So the only way it works is you have a repeatable process that you can fucking, you know, keep doing every day. And that's where MIC is, man. There's so many guys falling and girls falling in the process and it works. I am in. Okay, I'm gonna bring a random here. I'm Kuvik. And always remember guys, tomorrow's a new day. Tomorrow's a new day. You don't have to make all your money in one day. Hey, what's up my friend? Hey, Bao. Hi, thanks a lot for having me. Tell everybody your name and where you're from and all that good stuff, man. So I am Vik. I'm from Little Broke, Arkansas. I'm a physician and I joined MIC like two months ago. Oh, you're Vik. What's up? The guy on the horse. The guy on the horse. It's actually a bull. It was from a place in Nashville. Oh, okay. So it's almost allegorical. I was trying to ride a bull and that was the time I started, I joined MIC and started trading. Oh, wow. This is cool, man. I see you all over MIC. Yeah, you ask a lot of questions and good questions that you try to learn every day. So that's awesome, man. That's a good job. So you're a doctor? Yes, Bao. Yes, I'm a doctor. I'm from India. I did my residency fellowship here and just became a physician like three years ago, like a real attending physician. I'm done with my training now. I'm an ICU physician. Wow. So how's the corona situation, Arkansas, man? You okay? Don't even ask. Don't even ask. It's bad, like really bad. Okay, so hopefully, training will be better. Yeah, it'll be safer at least. Yeah, being ICU, it's become worse for me for the last three months. So I keep getting FOMOIC people trading all the time and I'm mostly at work. First thing that I would like to say is I was in a previous chat room before this and I learned, but the pace was super slow. Like with MIC, two of the biggest things that I have noticed is one, you have access to the moderators and it's, I can't even tell you how big an edge and help this is. And if you are a short seller, I see you bow like giving your nuggets of wisdom the whole day. Like, even if I've had a bad day, I know the reasons why. Cause I can look back, look at the chart, see what you traded. And if I just look at the charts and the videos, most of the questions are answered. Correct, that's awesome. How long you been trading? And how long you doing? I joined MIC February, mid-February, joined as a monthly cause I was very skeptical. I was already a part of a chat room. I had signed up for a year and it was kind of expensive. And then I just turned to annual, no, I actually turned to lifetime within two weeks. Yeah, that's what I noticed. So tell us like, what made you, what was the decision? Just two weeks. So before this, I was kind of, so I was part of another chat room for like a, like eight months. And what everybody did, I did the same. You, you know, you buy low and sell high, right? Never works out. No, no. Can you get the initials of the chat room? I'm just kind of curious. Don't tell the chat room, Dave. We don't want to talk about bad money but else. Just initial. Actually, I wouldn't even say it was bad. I think sometimes a lot of chat rooms get bad rep because that is the first one that you join. You have a lot of bad habits and you want to blame it on somebody. So I started, so I actually, I lost a good chunk. I mean, almost close to 15K in the first six months. Thankfully I'm a physician. I could like reload my account. I made some of it in January and then I just got really scared. I made almost 80% of it in January because I started shorting. I was like, okay, I'm losing everything, longing. If I start doing the reverse, will that work? I didn't even know if this was a... You just try everything possible. Yeah. Yes, yes. And then this chat room actually, there is a guy, I don't know if you, you probably know him, Michael Goode. He's always talking about you. So he's like, why don't you go to Insta, look at Modern Rock. This is the guy to follow. And then I listened to Be The Trader podcast and they had Tom Diesel on. So I went on the internet for two days, day and night. I was just looking both of you guys up. Reading as much as I could. And then I reached out to Michael Goode and he's like, yeah, he's a great guy. I really trust him as a trader at that. And then somebody referred me to Alex. So then I looked at these three webinars that Alex gave with Dante Vincent. So I'm like, okay, all three of these guys who have these great letters of recommendation, they are in one chat room. I should probably just try it. So I went in as monthly, looked at all the videos for two weeks and I don't know if you know that. One of my really close friends who got me into trading, I had him also sign up as an annual member. So now both of us are part of MIC. What's the name of the chat? He is Khan 84. Oh, okay. He's not super active. He's an engineer. So I mean, and he has family. I mean, I have family too. He's just a little bit more busy. So I went through most of the videos and so far my journey, the biggest problem is I make money but my risk management is so poor. So I have like sometimes 10 days of green streaks and then I get super, super confident. And then I feel like I own the market. And that is the day when I'm like, oh, that's the day I don't put in hard stops. And it's almost become a pattern. And I've been talking to Austin and Tosh and they go like, dude, you already know what to do. We don't even know what to offer you at this point. Yeah, can I remember that day? You told me, you lost it back and you're like, Val, help me. I have no self control. And I was like, that, unless I'm there cooking your butt, I don't know how I can help you. You have to just make the habit because you know what is man, you're like me. What happens is this, money doesn't really mean much because you make too much money and you can reload it. And so it becomes kind of entertainment. But at a certain point, the entertainment is too expensive. And I don't want it to get to that point for you. I agree, Bob. It's almost like you where I want to be like, okay, if the stock's high is 490, that's what I want to mail. I don't care if I don't exactly money and you're right. But I definitely would like to make money. It's just like ego comes in the way all the time. Now I have stopped focusing since yesterday on first day runners that are low float. I'm going to just follow the MIC strategy because what is happening for the last week? I lose money during the day from these first day runners and at the afternoon I come back for VWAP rejections and then I make back that money. I just take the morning out. I can just make money. Because the morning you're breaking the rules. Yes, yes, yes. It comes down to that. It's like, hey, man, you are basically trying to reinvent the wheel that me and Alex have lost a million dollars doing already. So we don't want you to do that. So that's why the rules come from, right? The rules come from because I was like you, my friend. I was messing around, giving back so much money. I'm still green, but at the end of the day, I'm like, dude, each day I'm giving back $2,000. Over a course of a year, of course, in five years, that's a lot of money. If every day you're giving back the money, right? And I agree, I agree with you. So now hard stuff. I hope you're using that more. I'm actually following your theory bow of outer lines. If I don't hit, I pass. Because my hard stop game still sucks. It's like I don't want to take that loss. So I'm like, first I'll define my line and get within 20 to 30 cents of that line. And if I can't, then that's fine. Losing 30 cents is always easy. So yeah, and I'm reading your commentary. I mean, it's so easy. If you would just listen to you guys, it's so easy. I mean, it's not easy. I shouldn't say it's easy. It's simple. If you just listen to you guys, outer lines or pass, that's it. That's it. And- That's why I say it's successful. I think that I don't want to be sexist, but females have much better discipline than guys. You have no discipline. That's why I- Yeah? Yeah. Like Alex says, we think with our dicks and it's just- It's just- It's always the ego. Yep, it's the male detestable. I know how can I be wrong. I'm the best. And then I keep saying that. This is why I do these IG lies. Because I want to humble myself too. I want to show the world that I fuck up. I'm not the best. I'm not perfect. But just because you're not the best, just because you fuck up still does not mean that you cannot make money. I make money every day even though I fuck up. I'm just very aware of my faults now. So if you are aware of your faults, it's like a doctor, right? Sometimes you have a disease, but you can't cure it. But you can treat the symptoms or, you know, that's what it is. So having a hard stop, having, waiting for the outer lines, I'm still going to have foam for the rest of my life. It's still going to be so painful. But at least I can help the treatment. You know what I'm saying? That's what it is. And I remember, I remember about last time when I sent you that message, that was actually a lot of tough love when you were like, if you don't have self-control, just turn the thing down and walk away. That's what you've got to do sometimes. And that I think helps because today, I did real good on, what was that ticker? C-B-Y or whatever it was. C-B-A-Y? C-B-A-Y. So I channel traded it like you. 460 cover 430 and then 430 cover 415 and just kept on recycling. And then I'm like, dude, it's 1030 Eastern. I should just go away. I went away and the thing squeezed and now it's at 490. Oh, shit. If you did that, you would get that. Oh, you get something red. My last channel trade was 460 covered at 451. I'm like, because I think somewhere you mentioned if the stock is green above VWAP, that you just take your money and run, take your money and run and just keep rins and repeating. So I think we just need to keep listening to you over and over till it becomes a part of. And I think you also said, you said if you want to make as much money as a doctor, you have to put in the hard work. And I've only been doing this for, I don't know, like three months now, maybe four. So I probably just had two high hopes and you come in thinking, oh, because we see you, I see you, I see you and Alex and James and you guys are quick. So I tried doing that and I'm like, dude, this is not for me right now. I'll just play backside. I am not fast enough and it's humbling. It's humbling to know. And I guess you learn a lot about yourself, but MIC, the best decision one can make. And I mean, you can get all of your, I guess all of your membership fee, probably I think within the first month, if we just listen to you. Yup, we have a chat, we have a watch list. Do you watch, do you use that watch list to buy? Yeah, I have, I have religiously, I spoke to Tom Diesel three weeks ago and he was like, dude, I think you've got it, but just don't overthink. Just follow the watch list because Bow, Alex and Tosh go over this and this is almost like 30 years of experience. So don't reinvent the wheel. And that's what I've been focusing on for the last three weeks, slowly getting better. But yeah, I think you do well. The problem you have is the same problem that a lot of people have is the over-trading. You make your money and then you give it back on stupid shit. And you're like, how the heck are you so stupid? Yes. And you talk about mental capital. At the end of the day, you have a headache and you're depressed and you're like, dude, I don't even know if I should be doing this. Versus just walking away at like 10, 30. Yeah, how many times have we been up and just wish the electricity went down? We cannot fucking train. This is why I'm doing these walks, my friend. So you know this, you have to get into a routine. You have to get into a routine. And the routine cannot be involved, you sit in there because we cannot be trusted. It's like we are alcoholics and trying to keep staying at the bar. Sometimes you have to fucking walk away. You know what, man, I drink a lot and sometimes the curfew is like one o'clock or two a.m. that you have the bar closed. If there was no time, I might be there all day all night. Same thing with these rules, these zombie rules. You have to fucking walk away. And that's why you should get a cab. You should find a hobby. Do something so that you can just remove yourself. Go work out anything except be next to the computer. And I have one of these, Bao. I don't even have time. Sometimes in my off time, I'm doing these stupid things and my wife goes like, if you're already done up on the day or game is done, like do something else. Like you don't, you're not even doing this for money. So why are you even stuck with this? But listen, it's the FOMO, man. It's like, oh my God, I couldn't make more money. I couldn't make more money. It's not the money, it's just that, I think the dope with me, we like the excitement. It feels so good when we nail a trade. And we need that constant dope with me fix. But I'm trying to just like, I'm trying to, like I think you and Alex both have mentioned this. If trading doesn't seem boring to you, you're not doing something right. So I'm trying to work on that now. Just keep it very boring. That's my biggest struggle, to be honest. My friend? My biggest struggle is trying to make trading after 15 years, still exciting. You know what I'm saying? Because after a while, the money really doesn't matter. Me making another couple of thousand dollars not gonna change my life. But it's that fix I need, just the feeling of like, because I'm so used to that, because you know, I guess it's kind of like that what gamblers feel like. And so it's a very dangerous thing. And it's because there's two types of people, man. Me and you are very blessed, but you make enough money where this is not gonna change your life, but it can change your life. It'll make you very happy. But you don't need it enough, like some of these other people. So there's like two extremes, okay? One side is if you need the money too much, you are going to fuck up. Because if you worried about every little dollar that you lose, because you cannot afford to pay rent, you are going to not properly trade, right? But if you don't care about the money, and you just want the excitement, you're gonna lose too. So somewhere in the middle is a balance between an aggressive person that wants to trade, but knowing that, hey, man, this money is important. You know, if it's not important, then I'm gonna just... So I can tell everybody, you make a goal where each week, maybe your goal is to take out $5,000. I'm just making up a number, right? And so you can equate it to something real life. Because now you're used to getting $5,000 back every week. And if you don't have that, you're gonna go, oh my God. And you can tell yourself, hey, I'm not gonna go spend anything. And I'm gonna only spend on fun if I make money. And so in that way, it kind of makes you want to trade well. Because I cannot afford to lose this. Because this week, I'm supposed... I am so close to withdrawing $5,000. Otherwise, I don't go out for the day, over the week, right? I agree with you, Bao. Yes, 100%. And MIC has been super... I mean, you feel like such a community. I did not feel alone all of these three months. And people have really reached out. Even members have reached out. When I put in my charts, they're like, dude, I feel your pain. I did the same stupid thing. So you don't feel as stupid, I guess. But it helps. That's great, man. I'm glad. Well, things are picking up, right? I hear you're progressing. You know what to do now. You know what to do. You just have to do it. I don't know, Bao. I would like to believe. I don't know what to do. I will just robotically just go through the motions. I don't think I know. Each day, each time I felt, okay, I got this. I know what to do. Next day, rent day. That's because we go back to your trading plan. You know, maybe your lines are off or something. So how about this, Vic? Right now, you're too worried about the money because you're not consistent yet. Lower your size so that you trade properly and not worry about the money. So a lot of the people, they want to make money right away. They're not okay with just trading small size to learn. But how can you make $1,000 a day unless you start making $100 a day first, right? Consistently. Agree, agree, agree 100%. Everybody needs a size down and it's, I know it's an eagle thing, trust me, man. I don't want to post my P&L because to me that's a very tiny P&L compared to what I used to trade. So it's very humbling. So that's the same thing. It's all relative, right? People think $3,000 is little. Some people think $3,000 is the huge. You know, $100 is a lot of people with a life-changing money too. But the key is to make, become consistent first with small size. Become consistent with $100. And then the sky's the limit for you, right? But if you start too high, you're gonna build bad habits. You have to build good habits first and get to the groove. You know what I'm saying? Get into the mojo, the momentum. And the other thing that I've really learned is if my first trade is red on the day, I get very, it's almost like you get into the ring, you get that punch and then you don't know what to do. And then it's just like downhill from there. So yeah, if my first trade is good, I can just sit there, wait for the outer line. That's because in my opinion, it's because you're not comfortable yet. You're still only three months into this. And you have to make it, like for me, trading is like almost like a reflex. The ball comes to my face, I move. But if a baby sees a ball, you get hit. Right? Yes. So you have to lower your size and start doing it every day. So that becomes a reflex. So that you don't get spooked out when your first trade is red. Right now you're a baby and someone throw a ball at your head, it hits your head, you're gonna cry. I think that's what's been happening. But yeah, I agree with your advice and that's what I'm working on. I'm really working on my entries and my executions, that's it. I don't even care about the money. I'm going to just size down. Size down. Size down, learn the process. So you can make money for the first week, two weeks and then do what they did. Size down, become consistent and start slowing at size. Don't add from 100 shares to 1000 shares. Go from 100 to 200 to 500, right? Slow and methodically. I'm also refining my process. Like at this point in my process, if a stock is not up more than 100% on the day, the float is not greater than at least 5 to 7 million than I just let it be because I don't know what it can do. And sometimes they can really squeeze. So it's like really outer lines float less than 5 million. This one, CBA why I was confident because I was like it's a 60 million float. They can't squeeze me to the moon just like that. But the thing is high institutional ownership. Yeah, I had that in mind. But I was like, and that's why I walked away at 1030. I was like, now they can do whatever they want. I've had my play. Correct. But you know what happened? Now you're more experienced. So now you can refine your process. So you're now learning. So that's my whole point. Take your time. It's like going to doctor at school for medicine. In 12 years, it's not like one year I could become a doctor. I couldn't agree more about, and you know what? I had this great trade on CBA why? So I left a fantasy order on mark at 250 and then it got filled. Then I added some more and then I almost made as much money on mark as I made on CBA why? So it just kind of just, for me it either goes up or it's no balls down. So I'm learning about myself. I think that's also what we learn through trading. Correct. So that's why I think you need it. People need a training community. People think that the trade on their own is very difficult because it's not only the strategies, the technical, but it's all the emotional part that you need the support on. So that's the key with community guys. So the guys out there, oh, I don't need it. I've been trained for 10 years. I've been trained for five years. But are you profitable? Are you consistent? I see all these guys that have ego that said I've been doing this for so long but they're still not profitable. Sometimes you have to just say, I need help. Same thing with a doctor. You're a doctor. Like I hate going to doctor but sometimes I need to go to doctor. Even as a physician, I am always speaking to my senior colleagues because there are patterns. There are things that I haven't seen. And there is actually something that all of us should look up. It's called the Daning Kruger curve. It shows how people, when they don't know anything, the confidence is 100%. Once they start knowing, it goes down to 60%. And once you become an expert, the highest it will go up to is 70%. That's what I mean right now. I don't know anything. Yeah, yeah, yeah. So it's just a humbling experience and I look at guys like you. So initially I tried to emulate you and then I'm like, yeah, it's just, it's bow. Because you think I can do it too. You just make it look so easy. I'm like, yeah, I can do this too. And I'm like, no, not really. I need time. And that's why I do these lives to show people that it is really not easy. It is simple, you're right. We have a process. You follow the process, it works. But it's not easy. The easy is the mastery of yourself. Like you said, you learn a lot by yourself during this process. Yeah, training for me is a spiritual process and I'm learning so much about myself every day. Well, thanks, Vic. Thanks, Bob. Thank you, MIC for everything and people who haven't joined. I would say just join. You won't be disappointed. And it's almost like a money bag guarantee because you will make back your money that you put in. Hey, stay safe. Thank you for your service on the front lines, man. I know it's tough. Stay safe, my friend. All right, we'll see you in the room. Thanks, Vic. Sure, bye. Well, that was unexpected. That was the first time I spoke to Vic. And I'm gonna end it with this. Alex, I always say this, guys. If you're trying to make doctor and lawyer wages and you're trying to think that you can do this through the month, it's like how unrealistic is that, right? Anything that is worth it takes time, guys. You know? Here we are making doctor wages, lawyer wages work, maybe. It's not overnight. It's never gonna be overnight because if it's overnight, everybody will be doing it. It's very difficult, but it's not impossible. We have a process around proven strategies. The only missing variable is you. That's why we're trying to tell you. We've done the work for you. Join the learning curve, everything. It's up to you guys, okay? And so you imagine if you don't join, how hard it is. Even if you know the best strategies where M.I.C. teaches you the best strategies, people still lose. I still lose because I can't control my own FOMO and emotions. What, how can you expect to even talk and learn about what the proper strategies is if you're always combating with your emotions, right, guys? So that's what we said, man. You join not to fucking learn, but basically because to learn from my mistakes. Alex and I have made so many mistakes and that's pretty much what the tuition is. All right, guys. We'll see you back on the roof. Have a good day.