 Monday, that is the first day of August trading, right? So not only is it the first day of the week, it is the first day of the month in August. So a couple of things I want to talk about before we get started is, MIC's two year anniversary is on August 17th, guys. So usually what we do is we throw a big event, a big meetup, a big bootcamp. But this year, unfortunately due to the pandemic, we had to go virtual. So this year we're hosting our second annual bootcamp virtually. This is a live trading bootcamp, which means that you get to watch BowTrade Live. I'm gonna walk you guys through how I build my watch this live. There's gonna be presentations from moderators. So all of the info is at myinvestingclub.com slash anniversary. Annual and lifetime members get to come for free. Lifetime members get an extra day. And we also have some unadvertised promotions going on. So if you wanna get those promotions, Tech Tosh, oh my God. Oh fuck. Oh fuck. So if you guys wanna get those promotions, Tech Tosh at two, one, three, four, five, eight, five, nine, nine, seven. That's gonna be really good, guys. We're gonna have a lot of topics, how to become a consistently profitable trader, long trading strategies, short trading strategies, pre-market trading strategies. Basically at these events, guys, what other people do is they charge you $500, $600, and they try to get you to buy some crazy package, some timeshare. But at this event, guys, we're gonna show you everything. This is gonna be your opportunity to watch us educate you on the process and trade the process live. So there's gonna be, you're gonna see it all. So let's talk about trading, guys. So I always say the same things and maybe people get annoyed with it. Maybe people don't like it, but repetition is the best way that you guys can learn, right? So what do I always say? My process for Monday always starts on Sunday, guys, right? So what did I do this weekend? What did I do on Sunday? What did I do to prepare for today? So on, I think it was Friday, Friday? On Friday, one of my friends had a birthday party. So we had a big house party and there was a lot of people. And honestly, because this whole pandemic stuff, I haven't really been seeing a lot of my friends. So I've been kind of feeling a little bit lonely. So being able to be surrounded with people and being able to just party and drink and just release all those demons was really, really good because as hard as you work, as much as you do, sometimes you have to have fun to make it just worthwhile because what is the point of working so hard if you can't have some fun? And I don't really drink, I don't really party, but when the opportunity is there, I do. So Saturday was good, or Friday, Friday was good. Saturday I relaxed all day and now let's talk about Sunday. So Sundays are usually my relaxed days. Sundays are my days to sit down, watch TV all day and just clear my brain and empty it so that I am ready for the week. This Sunday, I decided to do something a little bit different, right? So this Sunday, I went for a drive with some of my friends. So for me, cars are like my passion, cars are like my hobby, I love driving around. Something about being in a car and driving just calms me down. So I went for a drive at night and then I just went down almost to the shore and then found a random restaurant that had outside seating and just sat there and ate there, food wasn't that good but I was just trying to do whatever I could on Sunday to relax my brain. And usually I sit there and watch TV today, I mean yesterday I decided to go for a drive. So now let's kind of fast forward to this morning. So Sunday, no drinking, no partying, no nothing, relaxing, driving, calming myself down. So if we fast forward to trading today, it was actually kind of, I wasn't really expecting to trade that big today. I wasn't expecting to do anything and people always ask me like, how do you know when to size in? How do you know it's the day to kind of attack bigger and all that stuff and the truth of the matter is guys is size should only be used when you have an edge, right? If you do not have an edge, there's no reason to size in. So let's recap DTSS today, right? So DTSS was the hot chick of the day. What we mean by the hot chick of the day is this is the hot stock of the day that everyone's watching. This is the stock that's gapping up the most. This is the stock that has a bunch of volume. This is a stock that likely is going to be pumped. So the first thing that I did is I wanted to avoid it, right? I wanted to avoid it. I do my research. I figure out if I'm interested in trading it and what I realized about this stock is that it has too much volume pre-market. It is too active pre-market. So I want to focus elsewhere, right? So let's leave DTSS to the side for a minute and talk about the other stocks. So HIHO was the stock that was gapping up this morning. HIHO had its chart top out pre-market and it was starting to fade. So as you guys know, our process tells us that after a stock tanks, we are looking to short the bounce. After a stock tops out, we are looking to short the bounce. HIHO was a great situation because if you look at the chart at $4.20, we had a death line. So not only was the top set pre-market, it was also a death line play. So again, I mean, it almost sounds too simple, but on that setup, all I did is short the death line at $4.20 and get out, I think at like $3.80 or something. And I think it went even lower. So notice how HIHO was a stock that no one was really talking about. No one was really looking at. No one was paying attention to because DTSS took all of the attention. When a stock is taking most of the attention, when one stock is taking most of the attention, all of the other side plays are ignored, right? Those plays that are ignored that seem too boring are the stocks that I make the most money off of because there's not that many participants. There's not that many competitors. So HIHO was my second biggest trade of the day, right? Because that was a death line setup, it was pretty simple. DTSS. So if you look at the filings on DTSS, which is the first thing I did, I noticed that they had a shelf. They had an active shelf for I think about $15 million. So this stock could dilute if they wanted. So number one, I know that there's pending dilution on this stock. Number two is if you look at the daily chart, the daily chart tells us that every time this stock runs up, it likes to tank. So now we have a stock that likes to tank and we have dilution. And you know what the cherry on top was? It was being pumped, okay? So we have all these signals on DTSS, right? We have a pump and dump. We have a chart that likes to fade and we have pending dilution. So what I wanted to do on DTSS is I just wanted to wait for it to top out, right? So DTSS, I think pre-market, it hit $8. And I think these chatroom pumper was saying that 16 was coming and he's telling everyone to buy at eight, buy at eight because 16 is coming and then it goes down to 750 and then it goes down to 650, right? So if you look at the chart, stock broke down pre-market, right? Stock broke down pre-market. So I'm trying to use all the clues in my head that I've gathered from the beginning. Stock is being pumped. There's a lot of buyers at eight trying to buy a 16 and there's pending dilution. If this starts to break down, there's way too much supply on top. There's way too many buyers on top that anytime the stock bounces, they're gonna wanna sell for a smaller loss. So because of that, I got more comfortable with the stock. I did it, I was not interested in trading it until I saw it break down. At the open, at the open, I'm pretty sure it was being pumped again and I basically want to keep it very simple guys. If you look at my charts that I shared in MIC or my fields that I shared in MIC, you can see that I was just shorting as long as it was staying under VWAP. So I used VWAP as my guide today on that stock and I said as long as the stock stays under VWAP, I will continue to short bounces there and that's exactly what I did. And I mean the ship melted down all the way down to $4. So think about it like this, the stock opens up as five or $6 and all these buyers are in from $7 or $8, right? So they're down. Because these guys are down, that gives us an edge because if it bounces, they're gonna be selling on the bounce and we're gonna be shorting on the bounce. So all of a sudden DTSS in the morning pre-market at 9 a.m. was an absolute do not short, do not touch, it is continuing to make new highs by 9.45 by 10 a.m. The stock was already down 50% from its pre-market highs because all of these uneducated traders, all of these sheep, all of these pump and dump people were buying a 7 and 8 looking for a move to 16 and that's never gonna happen. So we always talk about the same thing guys, it's the stock market is a transfer of wealth. Stock market is a transfer of wealth between the educated people, right? The educated people take the uneducated people's money, right? So because of this guys, because of this, if you are educated, you know that chances of this stock going from 8 to 16 is very highly unlikely. It is highly unlikely for it to do anything like that, right? And these pumpers are pumping it and they're telling people because they don't know any better. So you have someone think about this, we've also noticed this guys, we've noticed that longs have an edge pre-market, shorts have an edge from 9.30 to 10.30, longs have an edge from 10.30 to 2, shorts have an edge from 2 to 4. If you missed that, rewind it and listen to it again because that's already a massive, massive cheat code to the market. So because of this, because we know that long-buy traders have an edge pre-market, Vow, who's been trading for 20 years is now trying to adapt and make money. So Vow made money on the long side pre-market on DTSS and then at the opening he made money on the short. For me, I just waited for the short side. So it always goes back to the same thing guys, all of our trades are pre-planned, all of our entries and exits are pre-planned. Everything that we do has a reason behind it. We don't just guess, we don't just try to wing it. There's a very notorious chat room guy that shows up one minute before the bell and starts pumping. There's other people that show up 10 minutes before the bell and start pumping. You know what we do? I post my watch list at 7 a.m. every day. I post my video watch list at 8 a.m. every day, giving you plenty of time to make your own plan and compare it to mine. All I do every day is I follow my watch list. Those are the exact plans that I'm doing every single day. I am preparing. While you are sleeping, I am preparing. While you are fucking buying these alerts, I am shorting into them guys. So every single day, every single day, I am trying to outwork my competition guys. Every single day, I am trying to put in the work to beat all of these lazy people. These people that show up five minutes before the bell. These people that buy market orders and buy hotkeys. At the end of the day, these are the people that we are training against. And if you are training against these people, don't you want to make sure that you are more educated than these people, right? So again, guys, I post the watch list every single day. The watch list itself is already worth the membership. But again, guys, there's a lot of lazy people out there and that's fine and I get it. But man, we had HiHo, which was a death line play. We had DTSS that was a fucking short into resistance play, dilution play. I mean, like today I cleared $13,000 in less than an hour by just sticking to the process, right? Everyone always says, how do you know what you're gonna trade? How do you know what to do? What are you gonna do? And my answer to that is I have no idea what I'm gonna trade any morning. I wake up, I look at what stocks are moving and I apply our MIC process to it, right? It's not a coincidence that I talk about and I do the same things every single day. Every single day I'm repeating it every single day because repetition is the best way to learn guys. So do you guys have any questions? Like I hate kind of mentioning this and I hate kind of bringing it up and really kind of frustrates me but like Faye, Faye DMed me the other day and Faye was like, hey, do you ever feel bad that we are trading against these guys and we're taking their money and they don't know what they're doing but we're trading, we're taking their money? And I told her, fuck no, I don't feel bad. And I said, I don't feel bad because I've been fucking grinding my ass off for six years. I've been working, putting in the work eight days a week so that I could take their money. If they wanna wake up five minutes before the bell, fuck you motherfucker, that's my money now. And I hate talking about it and I hate saying because yes, it is kind of stupid but if I'm over here putting in the work and you're not, then you don't deserve to be making money trading guys. Do you notice that all the successful people at MIC, do you notice that all the successful people trading are putting in the work every single day? I have no reason to do these YouTube recaps. I have no reason to do any of this shit. I just made 13 grand. Why don't I just go to fucking fly to Miami now instead? But the reason why is because this is my game footage. This is me putting in the work to feel better tomorrow. This is me educating myself, educating you guys, improving so that tomorrow, next Monday, next week, it's gonna be a 20, 30, 40, $50,000 day. I am okay putting in the work because I want this. Okay? Discipline is a game of how bad you are on something guys. If you want to be skinny, you will eat healthier and work out. If you want to be successful, you will join MIC and watch the videos but a lot of people just want to take that what is it called, the diet pill, right? You take a pill that's supposed to shred 50 pounds off of you or they join a chat room that's gonna pump and dump and alert you. You guys see the parallels here. Which one do you think works? And get rich quick pumping dumps to fucking take a pill and lose 50 pounds or putting in the work, eating healthier, working out, joining MIC, watching the videos. It is not a coincidence guys. It is not a coincidence that we at MIC produce consistent traders guys. We produce consistent traders because our traders are willing to put in the work. There's a lot of chat rooms, there's a lot of pumpers that are out there for $20 a month and $50 a month. And when people see MIC at $200 a month, they're like fuck, I have to pay $200 and learn how to trade. I'm just gonna join this $50 guy and he's gonna feed me his place and I'm gonna be rich. The reason why our price is the price that it is is because we want to weed out the lazy people. We want to weed out the pumping dump people guys. And the truth of the matter is the value that you're getting from MIC is worth way more than $200 a month. But again, people are intoxicated by the get rich quick stuff. If you wanna be educated at a community college, go pay $50 a month. If you want to have the Harvard of trading that is being taught by fucking Michael Jordan, ow, not me, ow, ow's the fucking Michael Jordan, then you gotta join us guys. I mean like, Tom says the best if you think education is expensive, try ignorance instead. And every single day you see us, you see me, you see Bow, the mentors putting our faces out there, reviewing our trades, recapping our trades, talking about our trades, right? And on our Instagram page, yes, I do post a daily P&L, but you also see testimonials from our members guys. So remember, do not judge a community based on the people on top. Bow and I are great traders, yes, but are we able to teach other traders? That is what matters and that's what we try to showcase at MIC. So do you guys have any questions for me? Let's open it up to Q&A. It's getting hot as hell out there, but I want you guys to see the difference guys. You see us, you can meet up with us, you can hang out with us, you can DM us, you can trade us, you have access to us. How much money can you start with? That's a loaded question guys because everyone always wants the answer that you could start with $500 and grow your account to $10 million. The truth of the matter is, first, start paper trading for a month. Learn the process, watch the videos, open up an account with thousands, maybe $2,000, $3,000, right? And with that account with $2,000, use 100 shares max size. The reason why you want to use 100 shares max size is because if you could not be consistent with 100 shares, you will never be consistent with 1,000 shares. If you could not consistently make $10 a day, you will never consistently make $100 a day. These are the building blocks to your trading guys. When I first started, 100 shares was my max size and then 500 shares was my max size. Then 1,000 shares was my max size and then 5, 10, 100,000, blah, blah, blah. But what the fuck? Dude, you guys aren't gonna believe this. But how is that fucking possible? I'm like on the street like, and what the fuck? Are you kidding me? Are you kidding me? Yo, what the hell? Yo, yo, I'm not bugging, right? Yeah, that's some fucking shit right there, man. That's some fucking shit. Ah, wow. So again, there's a glitch in the matrix. That's funny as hell, man. I was like looking down, I'm like, I don't even know how I fucking spotted that. That's weird. Anyway, do you guys have any questions for me? That's fucking crazy. That's crazy. I don't even know what the fuck that is. It looked like a sticker or something. Anyway, maybe it was the neighbors that called the cops. Maybe the neighbors that called the cops are actual MIC trolls. But yeah, guys, do you guys see that? Remember, on the opposite sides of your trades, it's me, it's Bao. So remember, if me and Bao are on the opposite sides of your trades, shouldn't you at least put in the work to be more educated than us? All right, guys, let's open up the Q&A. Gonna do about a brief five minutes of Q&A, and then gonna reward myself with a nice lunch today. That is how I reward myself, guys. After a good day, I don't go and I don't buy a fucking Versace robe. I don't go and buy some Gucci shoes. I've done it in the past. I got most of it out of my system. But these days, I'm gonna reward myself with a steak, chocolate cake, and hopefully I give myself a food coma and pass the fuck out. But that is what makes me happy on a day like today. How about a Supreme Brick, you motherfucker? Any questions, guys? Okay, how do you adjust your trading plan from your watch list if your lines don't hit? So number one is Austin has a video on this. It's called What Happens When Your Lines Don't Hit. But the quick recap of it is that for me personally, if a stock tanks and it's not gonna hit my line, I use VWAP as my guide, I short pops into VWAP, I short pops into resistance, and I use that as my level. Because oftentimes, these stocks will not hit the outer resistance levels. So I just wait and use VWAP as my guide. Instead of going for bigger picture trades, I'll take my 10 cents on those trades and walk away. We have to remind ourselves, guys, that not every day could be a massive day. I walked in today being okay making $100 a day. And all of a sudden, I made $13,000 a day. What's the best broker out there? That actually reminds me, guys. So we actually have a new partnership being announced in one week. So we are partnering up with a broker, a new broker, or international traders only. So if you are an international MIC member, if you are an international MIC member, Canada or outside of the US, we have a new broker option coming for you. This broker is going to give you, I'm not gonna, I'll give you a small, small hint, or a small thing is that with this new broker partnership, you guys at MIC are gonna get a locate discount, okay? So international traders that use this new broker, which we are going to announce next week, are going to get a locate fee discount. So you guys, MIC members are gonna be the only ones in the industry getting a locate fee discount. That locate fee discount is going to be used to help pay for your MIC membership. So imagine if you are saving $200, or if you're saving $20 a day in locates, right? If you're saving $20 a day in locates, guys, that is gonna be enough to pay for your MIC membership. So it's almost a win-win. You join MIC, you use this broker with the locate discount that you get, it essentially makes your membership free. No one else does this stuff. No one else is gonna have access to this deal. It is only gonna be for MIC members. If you are a USA trader, Cobra Trading is my broker of choice. It is the best broker out there. I love Chad, I love Chris, I love the whole team there. They've been nothing but great to us. They've been with us since day one. And yeah, guys, so Cobra Trading for USA traders international traders, day two next week. We have a really, really big announcement and really big discount. And you will get platform free for three months. So you're gonna get three months of free platform and you're gonna get a locate fee discount. Who else does that for their members, guys? Who else does that? Do I use market orders or limit orders? I always use limit orders. I don't use market orders. I don't use hockey's. Reminds you guys, our two-year anniversary event is coming up August 17th. We are at 70% capacity, guys. So please reserve your spot at myinvestingclub.com slash anniversary. It is a very, very small ticket fee. I promise it's gonna be worth it. And that's it, guys. So I'm gonna call it a day. If you have any questions, text Tosh at 213-458-5997. I feel really good today. I feel energized today. I feel great. What I'm also gonna do, guys, to protect myself is I made $13,000 today. I'm gonna wire out $10,000, put it in my bank account, put it in my savings account, and just be able to kind of slow down. Because the last thing that I wanna do is get a little bit too confident, get a little bit too cocky, and start gambling it away. So anytime I have a good day, a stress-free day, I take 75, 80% of those profits and put it in my savings account. So thanks, guys. And I will see you back in the room. If you have any questions, feel free to hit me up. Thanks, guys.