 What's up guys today's Monday December 7th. I'm pretty sure today's YouTube live day So if you missed the previous video, I did a video watch list So every single Monday I do a video watch list for everyone on YouTube So you guys can kind of see my process see my plan see everything So all of my trades today were pre-planned in this morning's watch list and anything I updated with the updated lines or if anything changed I posted that for the guys in the room So today we had a lot a lot of opportunities, right? So there's two things I want to talk about so the title of this video is about Bitcoin Which I'm going to talk about a little bit later in the video And I'm gonna talk about my trade recaps right now So number one is every single morning we put out our watch list, right? So today on Kodak We mentioned that we are looking for 13 and 1350 in the morning and those are the resistance levels and if you look at the chart on Kodak guys Me and bow just traded a 1350 line over and over again and right now the stock is at 12 bucks, right? So you had the opportunity to make a dollar fifty a share on Kodak and the reason why I liked Kodak was because So if you guys don't know the reason why it moved today So Kodak moved today because I guess like the Justice Department or someone in charge said that there was no Wrong doing with their deal. There was no insider trading. There was nothing like that So stock gapped up a hundred percent and what you have to remember about this stock Kodak is there's people that are long from 15 20 30 40 50 60 right And they just want any sort of pop to be able to exit their position for a smaller loss So when you get a stock that gaps up a hundred percent and there's bag holders from days weeks months before Chances are those bag holders are gonna want to sell which creates more supply into the market Which causes prices to go down so we have our thesis now we look for our trade entries We draw our lines 13 1350 was our lines hit 1350 and came right back down So that was our trade. That was one of the easiest trades of the day. It's right off the watch list. It was pre-planned, right? So that's one number two was was g-tech, right? So as I'm recording this video g-tech just halted up at ten dollars, right? This was a zombie, right? So let me kind of explain what happened on g-tech. So pre-market I've been trying to make a little bit more of an effort to go long stocks pre-market Because I watch a lot of Harry's videos. I watch a lot of Austin's videos I watch a lot of videos from our moderators, right? And you know after watching all these videos over and over again these things start to stick in your head, right? They start to make a little bit more sense so what I've noticed about this market is that pre-market when there's no halt bands when there's low liquidity is Probably the best time to be going long because that's kind of where there's a little bit more of an edge, right? Not everyone could trade pre-market volume was a little bit lower So Actively what we've been doing in MIC is we are warning members Which stocks to avoid on the short side, right? So because Bao and I have been doing this for a very long time, you know It's almost like intuition that we know which stocks are going to be trouble because we've traded so many stocks before We've gotten stuck in so many stocks before we've lost money on stocks before So we've kind of have all these lessons that we know which stocks to avoid on the short side now Which stocks to avoid on the short side usually mean that they are very good long candidates, right? These are stocks that are easy to borrow These are stocks that are low-flow. These are stocks that are SSR These are stocks that have high institutional ownership. These are stocks that have great news, right? So oftentimes when Bao and I warn against shorting these stocks, they make pretty great longs So these days what I've been trying to do is I've been trying to use that intuition of Warning our members Which stocks to avoid on the short side to start slowly going on the long side of these stocks, right? so if you look at GTech today pre-market very early in the morning pre-market there was a little bit of a Resistance level at 950 $9.50 so what I told the members is this is a 1 million share flow, right? If 950 breaks and goes higher it has a chance to go to 10, right? So now I'm thinking to myself, okay This is a low-flow stock if it breaks 950. That's where I would want to exit my short Why don't I just fucking try to go long man? Fuck it. I mean I say it all so many times Don't short it don't short it don't short it and it keeps going up and up and up So now instead of just saying don't short it Why don't I try to adapt try to improve try to get to the next level and Capitalize on these long setups so pre-market. I posted to the guys in the room my trade I went long in 920 930 950 and I sold towards 980 made 30 cents, right? And again pre-market. I like to use a tenth of my size. So it's not like I banked It's not like I made a shitload of money, but again as I tried to improve my long game I am not focused on the money. It's the same thing that we preach I am focused on the process if I could make these trades consistently with hundred two hundred three hundred shares and Proof to myself that I have an edge doing this then it's only a matter of sizing up from here So as I am improving my long game. I'm doing it slowly and I'm doing it methodically and I'm doing it with small size so That was the long trade that I had on GTEC today, right? And then now let's talk about the short trade right so in the morning on GTEC I'm pretty sure it popped to what was the number. I think it popped to 950 right so in the morning remember that same 950 resistance level that I bought because it was breaking above now becomes right so support becomes resistance, right? So that 950 level that was supporting now is resistance. So in the morning We got a pop towards 950 and then immediate rejection down, right? Which proves the thesis that 950 is going to be the key level So I got a small short. It was nothing crazy But my best trade on GTEC came from after a tanked it bounced towards VWAP at Let me pull up the chart it bounced towards VWAP around 950 AM and that's where I shorted around I think it was 880 was my entry. Yeah, I shorted around 8080 and I got out at like 840 850, right? So the initial short and 950 happened too fast I wasn't able to size in too quickly on that. So I waited for it to tank I waited for there's a bounce to VWAP I shorted it and I took the money now Here's something else that I saw so one of our members said that GTEC has all-day fader potential, right? And immediately when I saw that I called them out and I said that's how you get trapped if you think a 1 million share flow is ever gonna be an all-day fader and tank easily you're done because that's how they trap it, right? They make it look weak They make it look dead and then on air because the flow is so low They fucking halted up, which is exactly what happened guys exactly what happened. So Before this video started traders were mentioning. Why am I walking away at 1030? Why am I leaving what is the point of that, right? And the point of that is because if I stay all day my brain gets biased, right? I start to convince myself that oh shit GTEC is gonna fade all day. Oh shit. It is gonna tank all day I got to be here all day because it capitalized capitalized capitalized, but oftentimes Well, we realized is after sorry I think I just cut out for a sec But yeah after 1030 is when these stocks start to rebound and if you look at the chart right now GTEC at exactly 1030 started to rebound and by 11 o'clock it halted up, right? So the lesson today on these stocks is number one if a stock is low float, right? If a stock is easier bar or if a stock has SSR and is moving pre-market I'm gonna try to go long and try to improve my long game on it, right? And now if a stock has a flow of one million or less than two million Forget all-day faders right forget that shit So I didn't really want to talk about all-day fader crap because I thought you guys knew about this stuff But truth be told is all-day faders are a fucking losing strategy, right? Because you come into the market and you never know which stock is going to be an all-day fader You know a stock could have dilution and still continue up or a stock could have no dilution and tank all day It is impossible to predict an all-day fader But the problem is is that let's say there's a stock on friday that tanks all day You come in and say oh shit the next stock monday is going to tank all day as well I got to short it and I got to hold it If you just ignore all that crap if you forget forget forget about These all-day fader crap You will be more successful because you focus on nail and bail Yes, there are traders that specialize in all-day faders But it took them six seven years to figure that shit out You as a trader for six days are not going to figure that shit out, right? So focus on the easy setups that we preach guys Do you see me sitting here all day for all-day faders? The reason why I'm up a million dollars this year is because I have the ability the knowledge to walk away when I am hot, right? Just like at a casino. How many times have you been up? Continue to gamble and lost it all when you just wished you had a friend to pull you away when you were up $200 at the blackjack table. It is the same thing in trading bow And I have gotten this time frame down to a science guys We know exactly what time is good for shorts, which is 9 30 to 10 30 We know exactly which time is good for longs 10 30 to 2 Look at g-tech today. We know exactly that from 2 to 3 Shorts have control again and from 3 to 4. There is no fucking trade It took me and bow years and years and years to learn these time frames and mention these time frames And we give this shit out for free and no one even listens to it, right? So again guys forget these all-day faders Focus on nail and bail take the money and run And walk away at 10 30 if you are a short bias Trader g-tech today is your lesson if you shorted this past 10 30 You deserve to lose right you deserve to lose if you short a 1 million share float stock At zombie times and the stock squeezes You deserve to lose because you are not following the process, right? I walk away because the process has paid me 1 million dollars this year, right? So why are you trying to outsmart the process you dumb fuck, right? And that's what it comes down to. I'm sorry. It's a little bit harsh It gets me a little bit upset talking about this But I don't know how many times I have to tell you guys that you have to walk away Now here's another thing right now. Here's another thing Bow sits around and bow trades all day, right? And the reason why bow trades all day is because he wants to educate you guys, right? There is money to be made every single day, right? And just because bow is trading past 10 30 does not mean that you should be trading past 10 30 We had a podcast yesterday with harry james, and I mean And he mentioned that as a new trader Screen time is very important, right? So the reason why I walk away is because I've had seven years of screen time So stick around and watch how bow trades Do not replicate it. Do not copy it, but more so use it as education, right? Bow stays from here from 5 a.m To 4 p.m Educating you educating you educating you to show you based on what time frame you are trading How much opportunity is out there? But don't use that as the end all be all that says oh bow's trading past 10 30 I could trade past 10 30. You know what you want to trade past 10 30? Short side your prerequisite is trading 20 years until you trade 20 years like bow You are not allowed to short zombie times, right? You could go long zombie times and make money, right? Like plenty of our members are doing but you are not allowed to short use it as your education, right? So that's that those are the trades of today made around 2,900 bucks today in an hour, which is great So yeah, do you guys have any questions on that before we continue further? And as I'm saying this G tech just broke above pre-market high of the day guys I took my fucking money and ran I took it and ran Okay, so if there are no questions, I'm going to talk about the next topic, which is bitcoin, right? So bitcoin crypto nerds crypto geniuses all you guys here. What the hell is going on with bitcoin, right? So Uh I get a lot of DMs as you could imagine People DM me they say a bunch of different shit between. Hey, can you teach me how to trade? Hey, I lost a bunch of money. Hey, I got scammed. Hey, what's uh, I'm trading forex. What should I do? But the one that trumps them all is bitcoin. I get bitcoin scammers I get bitcoin geniuses. I got people telling me bitcoin is going to a million and Honestly, I'm sick of getting these DMs So I wanted to make this video to kind of explain my thoughts on bitcoin And maybe give you guys a helping hand or maybe give you guys some tips on what you should do for bitcoin so Right now as I'm recording this video. The price of bitcoin is 19,200 so on december 7th 2020 we are at 19,200 So here is the truth guys At 19,200 I do not think you should be buying bitcoin, right? The move has already happened, right? The smart money has already made their money on bitcoin And you the dumb money buying a 19,200 is the liquidity that they need to unload it You guys missed the move, right? You guys missed the move and to be honest, you know What do you think you're going to make on bitcoin 10 20 30 percent, right? Truth be told, we make 10 20 30 percent every single day on our $30,000 account trading guys So for all the bitcoin people that are like, should I be buying bitcoin, bitcoin's going to 100,000? Honestly, honestly from what I think and what I know and I could be completely wrong is I'm not putting my hard-earned money into bitcoin. Why the fuck should I put my money into something? I don't understand if I had to spare 10 grand I'm not going to put that 10 grand into fucking bitcoin at 19,000 I'm going to put it into something like amazon or facebook that I know is actually Something legitimate something that's actually going to pay me and has room to grow Bitcoin to be honest. I don't even fucking understand it. I don't get it It seems like the poor person stock market It seems like it's all these fucking idiots that think their genius is buying it And yeah, they made a bunch of money. Don't get me wrong People made a bunch of money buying bitcoin and I have nothing nothing against that but to me I have an edge trading stocks. I'm over here trading stocks every single day I'm not here trading bitcoin and going to a coin wallet and someone hacking my crypto wallet address or whatever the fuck it is Like I don't even get it. I don't even get it. So why am I going to try to trade something that I don't get, right? So for everyone asking, I think you guys missed the boat on bitcoin Even if it goes to 50,000 100,000, I don't really give a shit because I'm not putting my hard-earned money Into something that makes no real sense to me if that makes sense to you guys, right? So for everyone telling me that bitcoin is going to 100,000 Good luck. I don't really give a shit I'm going to stay here continue to make my two to four thousand dollars a day trading stocks Low stress. I'm Also remember guys bitcoin trades 24 7 so god forbid something happens in japan or taiwan or china You could all of a sudden wake up and your bitcoin could be down 50 percent, right? And that's just not a risk. I'm looking to take man. So For me guys for me. I focus on something that I have an edge in We have a proven edge in trading stocks So that's where my focus and that's where my money is going to be, right? As someone just asked a question alex after you finish early, what do you do for the rest of the day, right? So I don't know if you guys know this or not, but I get hundreds and hundreds of pms a day, right? So let's say i'm done. Let me let me walk you through my routine, right? So after i'm done trading, right and g-tech is at 11 dollars right now Every single motherfucker that shorted past 10 30 is now dead and exploded It was nice knowing you guys all you had to do is follow the 10 30 rule and you would be safe Or go long and you would have made a shitload of money So let me kind of I always talk about what my process is before the market and then what happens at 10 30 So let me talk about what I do after 10 30, right? So after 10 30. I uh, let's say it's monday I go relax. I do whatever it is and then I do my video at 11. Usually the video at 11 is done at 11 30 So after 11 30, I do about I get just so that you guys are aware I get about 200 pms a day, right? Some of them are great questions. Some of them are lazy people and all the lazy people I just give them homework, but I get a lot of great questions too. So I want to be able to Use my time to help these guys so from 11 30 until I would say one o'clock I do pms Uh from one o'clock to 130 I grab some lunch um from 130 to about Two to three o'clock. I work on some stuff for m. I see so I mean you guys just see the community and you guys See how amazing it is and how much value we're providing and what we're doing But you know, it takes an army of people to run this community the right way, right? So pretty much for the rest of the day I focus on making sure that the community is running properly Making sure that the videos are getting uploaded on time making sure that the members are getting the one-on-one help that they need Um, and then I have some calls with potential business opportunities to give the m. I see members more opportunities and better Promotions and stuff like that. So we use our brand to be able to reach out to bigger companies to offer our members a discount and I kind of try to broker those deals with these bigger brands After that we work on general updates to the website work on a bunch of other stuff I come back during market close after all those calls and I grab Uh, I go to the gym after four o'clock after I exercise come back at five I probably watch tv for an hour until six I answer some more pms until seven I eat dinner from seven to eight and then from eight to nine I watch an episode of either entourage or the undoing or A tv show and then at nine o'clock. I repeat so approximately four To five hours after I'm done trading are all dedicated on helping the members Two hours dedicated to making sure that the m. I c brand is continuing to grow and continuing to improve and continuing to prosper and then I give myself maybe like 30 minutes for lunch an hour for dinner and then a one hour tv show So that's basically my day and I repeat over and over again So the key to being successful in trading and in life in my opinion is to have a routine Right, I repeat the same routine every single day And that's kind of what helps me stay on track, right? And if there's ever a day that I deviate from my routine, oh my god, my entire day is thrown off I'm I'm discombobulated like crazy. So I'm a routine oriented person It's almost like military level discipline of every single thing that I like to do right because I like to keep my day organized So after 10 30 the members keep me busy And that is because I want to be able to provide you guys with the most amount of help by accident guys I mean the most amount of help on purpose right helping you guys Not only helps me because it allows me to walk away from the market and use that extra time to provide for you guys Right, so walking away at 10 30 for me is pretty easy but what really uh What really is the edge, right? What really is the edge for me is having a routine So when you get up early as in you rise and shine, I wake up at 5 a.m. Guys 5 a.m. I work no bullshit No bullshit from 5 a.m. To 11 p.m. Uh pretty much every single day Now stop and then the weekends, you know what I do Saturday Saturday I sleep for 12 hours a day I catch up on all my sleep that I missed Monday through Friday on Saturday Um, I watched your video watch list and the two stocks ppsi of hgsh didn't hit your lines So we have a video we did an misc strategy webinar on this austin Which says what happens when the stocks don't hit my lines? So we have a video on this and I think we have a preview on youtube if you search that up like a 10 minute preview But yeah guys my day is pretty much Helping you guys for the rest of the day man To be honest, it's it's a lot of work. It's really draining It's really tough, but you know what it is very rewarding when we hear stories like tom faye james So many people man I know this is off topic But what is super comfy slippers that you recommend I could recommend slippers that you shouldn't get These are like 600 dollar Gucci slippers that I don't fucking wear and they are extremely uncomfortable But they look fucking sick. So these are ones that you should not get This was a fucking locate fee that I never fucking used Sorry guys just looking at these stocks Let me think if there was anything else that I wanted to talk about today We talked about bitcoin. We talked about the trading Oh This is kind of like a side thing, but we're actually raising our prices in 2021 So if you kind of look at the competitors, if you look at what everyone else is charging They are charging way more for less Right and to be honest to be honest, we know how valuable mic is we know the value and the uh The education that we provide is second to none We are the only community that spits out consistently profitable traders from no one We have a 90 retention rate, which means that when someone joins there's a 90 chance they don't leave And that's because they're getting enough value to pay for the membership and to be honest guys to be honest This is way too much work for us. This is so much work It takes an army to do this and people really don't care So coming in 2021 we are raising our prices all current members will be grandfathered in Which means that the current price that you are paying you will never pay a penny above But for everyone else joining in 2021, there's going to be an elevated price for this stuff guys That's it. I see people paying $3,500 for a year of an alert service $3,500 for a year We're half the price We were half the price and I have half the people it just doesn't make sense I think you know what it is I thought about this last night before I went to bed And I think the reason why people don't join mic is because we're actually cheap, right? People think that they're not getting enough value For what we have to offer. So they would rather spend more money thinking that they get more value out of that, right? I just don't get it, right? I just don't get it so We are Wait, there's some comments coming in So for those of you that aren't here, well, let's do this, right? Let's do this I'm going to end this video because it got a little bit long but Leave a comment as to why You are in m i c and you like it or leave a comment as to why you are not in m i c And the reason why you are not an m i c So i'm going to do this The people that comment the reason why they are in m i c and they like it I'm going to pick one person to win an m i c t-shirt for free And for the people that are commenting as to why they are not in m i c I'm going to pick one person To win a free month of m i c so that i could prove them wrong guys So that's basically i'm going to wrap it up here. I will see you guys in the comments and That's it. The 500-dollar winners are coming on wednesday So tasha's webinar at 2 p.m. On wednesday is when we are going to announce the winners So thank you guys and do not fucking short g-tech at zombie times you motherfuckers Go long go long as zombie times instead go long as zombie times do not fucking short motherfuckers. All right later