 All right everyone morning today is Monday it's around 11 a.m. And this is gonna be a recap video So before we start I want to let everyone know that we have a holiday sale from December until December 31st You could save 200 on annual and a thousand on lifetime Those that don't know we are raising our prices after December the price of monthly is going from 179 to 199 the price of annual is going from 1790 to 1990 Reason why we're doing this is because we've been talking about it for a year We give all of the trading education all the DVDs all the mentorship for free So you don't join us for 50 bucks and then pay $3,000 to get your DVDs and education You join for $5 a day you get all the education and you get about eight new videos every single week So after December is when we're raising our prices So if you do not lock in your prices during the holiday sale chances are you're not gonna get prices like that again I have a link in the description of the video if you want to upgrade again It ends December 31st, and I think we have like 29 spaces left. We're trying to cap it up a little bit Let's talk about trading today. So I Always want to start off with mentality thought process and what's working for me What's now working for me and what you guys could do to kind of replicate it So for those that don't know I am up almost $80,000 in 30 days of trading. I'm not doing anything different I'm not doing anything crazy. All I'm doing is sticking to my daily trading process All I'm doing is focusing on the setups as you could tell Sometimes the market is hot it like in the winter after November Sometimes the market is slow like December, but as long as I stick to my process So I won't still see me Give me like a thumbs up or some shit Stopped me to there we go my back Someone tell me if I'm back we're not All right, I guess I'm back Trolls tried to put me down again, but we're back here. All right, so I haven't been doing anything differently. I haven't been changing anything Basically what I've been doing is sticking to my process every single day. I get paint, right? There's a couple things that I want to make sure that everyone understands There's a couple things that people need to know and I mean repetition is the only way to understand what I'm talking about Right, so maybe this is gonna sound repetitive to those that kind of watch the videos Maybe it's gonna sound something new for all the lazy people that don't but what I want to do is let you guys know What my process is like every single morning, right? Every single morning What am I doing up to show up to the market to give myself the best pop? probability of making money with the least amount of stress so as I always mention your Process always starts the day before right so today is Monday my process starts on Sunday and It's almost been like a recurring theme that almost every single Sunday. I've been having people over my house Sunday is kind of like my relaxing day. Sunday is my day to not really do any work. I Work six days a week for like 15 hours a day Answering questions trying to innovate trying to improve my CSO on Sunday I just like to sit down like a vegetable and do nothing So I have my friends come over my friends are basically alcoholics. They drink all the time I don't really like to do that, but there's a lot of peer pressure and a lot of temptation right so What ends up happening is every single Sunday? I make sure to go to bed early and the reason why I want to go to bed early is so that Monday I could wake up energized. I could wake up Focused because Monday is what sets the tone for your entire week if you screw up on Monday You spend the entire week with a bad mindset trying to improve your mistakes from Monday and what I've noticed about myself is that every single Monday I underperform because I am too Excited to trade. I am too over eager to trade. I sit down Saturday and Sunday And although I need those days to kind of relax and be away from the market all I could think about is the market So when the market opens up on Monday, I find myself trading with FOMO I find myself not trading as well as I should so every single Monday these days I like to kind of be a little bit more self-aware and pay attention to my own self and Try to improve my trading so today I Kept it really simple for those of you that don't know every Monday. I put out a free video watch list on the YouTube channel This is basically I want to kind of give people a sneak peek inside all the resources They get in MIC, but I like to reserve the video watch list every other day for the members in chat Monday I give it free. So if you watch my video watch list, you could see that my plan today was on CEI, right and Basically what I did is I kept it very simple for those that watch the videos you understand I'm not over-complicating it you guys understand I'm not putting any mathematical occasions you guys understand that I am looking for key technical levels and Basing my trades off those levels. So for example on CEI if you remember, I think it was last week We mentioned that the 230 level was the key area of support If the stock broke the 230 level that it would have a high probability of tanking And that was because VWAP was around that area and support was around that area so it had two indicators that if they broke chances were that the stock was going to tank and Basic technical analysis tells us this previous support becomes resistance So if 230 was support a couple days ago You better believe that 230 is going to be resistant any time that it tests it again, right? so in the morning I bit the stock was at 215 or 220 when I was making my watch list and I basically mentioned to the guys During the watch list that 230 is my ideal level to short the stock in the morning I have it on the watch list go look at the video right before this and you will see my plan My plan was an eight in the morning before the market open So as the stock is ramping up my plan tells me okay previous support is 230 It should act as resistance today at 230. Let me just have an order at 229 Before the resistance level just in case right just in case there's going to be a wall of sellers at 230 Which there probably will be because there are there are longs from the previous days that just want to exit right? so Pre-market we get a push towards 229 I short a little bit at 229 and I cover at 217 or 216 so I made 13 cents a share in two minutes, right? And that's a very small position that I had no more than 2000 shares as pre-market So here I am up 13 cents and if you guys remember what I keep mentioning in these videos a light bulb moment went off in my head And when I was talking to one of the members called flash and basically that light bulb moment was this too many people Try to go for the home run trades too many people try to make 20 30 40 cents a trade well What I've noticed That I think is really important for people to understand is that your goal as a trader is to make 10 cents a share multiple times on multiple shares Your goal is not to make 10 cents on I mean your goal is not to make 40 cents on one trade And I hit your home run your goal is to make 10 cents on two or three trades which adds up to 30 40 cents So on cei my first trade was for 13 cents cei my next trade when it went up from a It kind of bounced to 223 after that I short at 222 223 covered at 217 There was another five or six cents so here I'm up 20 cents on two scalps then in the morning it pops towards 230 I shorted some at 230 it went to 236 for the I think it was Luca that asked me the question about how much room Do I give it? I give it about 10 cents So went to 230 and then I told the members that if it breaks 220 That is going to be my level to size in because that's kind of the area where VWAP was right so Goes to 230. I have my 30% size breaks 220 I added my size and then the stock fades down all the way to two bucks I make my money and I walk away So as you can notice maybe three scalps maybe four scalps led to making 30 or 40 cents on the stock Whereas trying to make 30 or 40 cents in one shot is nearly impossible with a stock like that So I had two or three scalps that up to 40 cents And if I used 1,000 shares each of those times, which I think I did I think I use like 1200 shares Because what I'm trying to do these days is I'm trying to use less size to show you guys that doesn't take much size to make money So for me a thousand shares, I could close my eyes and I could go $15 against me and I won't care But the point about it is that I'm showing you guys that would not much size with a $2,300 equity position you could be making $2,300 a day and on CI I walked away with almost five six hundred bucks great trade But the point that I was trying to make on this trade was that the levels were so easy to recognize 230 previous support became resistance today All you have to do is wait for that 230 level short it cover for your 10 cents And then you're done for the day if you want to go back and try to make more So be it but recognize that you should be only using the outer lines that we talk about You should only be using the outer levels that we talk about right so Next time you feel like you should be trading and making more money next time you feel like a setup is there and ready for you Remember that the amateur traders try to go for 40 50 cents in one trade. They are stressed It is tough the experienced traders know that you got to go in out in out Take the money run take the money run take the money run right because if you're being patient all day For a big trade chances are that trade is going to do the opposite because you're greedy If you're taking your small 10 cents gaps every single day, you're making your money So see I trade was there relatively easy 230 level identified pre-market early pre-market and it tested again at open. That's a gift, right? That's a gift. So that's number one that I want to talk about everyone understand what I'm talking about now about see I You do leave like a thumbs up so I see because I see the counter going up. That's one number two is this Adam had a very good Adam had a very good topic that you want me to talk about It's about I want to keep it very simple for you guys to understand this so For me personally What you have to realize is this I get questions all the time like what separated you what was the difference about you? Why did you make it and why did someone else not make it right? What was what was the thing that you did differently than 90% of traders don't do right and this is a great question, right? It's a great question, but the answer is pretty fucking simple man It's just pretty fucking simple and It's gonna be the answer that you guys all think and you guys all know but it's I fucking put in the work Right, I put in the work. I literally eat sleep and drink trading. I did not hang out with women I did not go out. I did not spend money I was a recluse a hermit in my room every single day studying studying studying to improve and back then MIC didn't exist there were no actual quality videos that you had right there were no Quality videos I had to learn all the wrong ways I basically learned what to do wrong and because I learned what to do wrong. I learned what to do, right? I had no resources like MIC. I had no mentors I had no one that was actually trying to help me learn to trade rather than scam here Right every single person that you see in the trading world is selling you a thousand dollar course It's on you a three thousand dollar package. It's on you an eight thousand dollar inner circle But what we want to do is make it affordable enough that you don't have to ever pay for the education And that's where the 179 comes that's where $5 a day comes where you get all the education free And you cannot afford $5 a day you should not be trading you should not be going with the discount service You should not be doing anything like that. So What separated me is I put in the work. I put in the work every single day I watch the videos every single day the statistic is that 90% of traders fail and what I realized is 90% of traders Don't watch educational videos 90% of traders. Don't put in the work 90% of traders don't give a fuck right and that's totally fine with me, right? That's totally fine. I take advantage of the inexperienced traders I take advantage of traders that don't know what they're doing But if you join MIC and you put in the work, you will become consistently profitable. That's a different story So what Adam was talking about is this what people have to understand is this just because you watch one video Does not mean that you are going to be an expert in that topic, right? So imagine like going to the gym, right? Imagine you're going to the gym if you do one chest workout your chest is not going to get bigger But if you constantly do reps if you constantly do reps of your chest workout Eventually your muscles are going to grow you're going to become bigger and that's how you're going to learn So don't think that you just have to watch one video or you have to watch the video one time and you're going to get it The more times you watch something the more reps that you put in the better you will get right? So every single day you know what I do I am the owner and creator of MIC with Balintosh and as the owner and creator I go back to the main room every single day starting at 8 in the morning and I read my own commentary I read what I said I pull up a chart and I try to see what I'm doing right what I'm doing wrong What is my mindset during the day? I am reviewing my own trades every single morning after six years of trading after millions of dollars making After fucking massive six-figure weeks and six-figure months I am going back and I am not thinking that I am an expert I am still thinking that I am a student trying to improve for myself, right? So let that sink in for a second If someone that has six years experience is making all this money Re-reviewing everything that I'm posting I you know what my process is at night I read every single message I put into the main room and then I watch my recap video If I don't have a recap video for that day I watch about trading fish or about daily recap every single day and that's because I'm getting my reps in right? I am getting my reps in I am practicing. I am preparing I am making sure that I am putting in the work that I need because I know for a fact this All right, I know that if I am not putting in the work Some other kid over there is going to put in the work more than me and he's going to make the money that I should be making So remember that guys remember that just because you have just because there's videos and there's a lot of stuff Just because you watched it one time does not mean that you are an expert in that subject. I'll give you an example My favorite Superhero is Batman but for this example I'm going to talk about the Avengers movies because that's more popular but Every time I watch the Avengers movies every time I watch like a Thor or an Iron Man or whatever the hell it is Every single time I watch it. I notice something different every single time. I notice a little Easter egg I notice a golden nugget So think of it as a movie right the more you watch these videos The more experience you get the more you recognize these little golden nuggets in the videos And that's why I have so much respect for someone like Michael Tran So much respect to James because I know these guys are watching the videos and they're picking up on the little nuances that I don't even realize I say Right, it's become so natural for me to talk about this stuff that I don't recognize when I'm saying something that's actually valuable So whenever something comes up like the flash example of making 10 cents three times rather than 30 cents one time It's like that's the stuff that I want to keep repeating and keep talking about because that's what really resonates for you guys So recognize this recognize this if you are not putting in the work Someone else will put in the work If you realize that 90 percent of traders fail and the 10 percent that make it put in the work Bro, why would you not put in the work? I just don't understand. I just don't understand. It's like I I don't want to keep talking about am I seeing how important it is because if you don't know by now that you'll never know But we are churning out consistently profitable traders. It is something that me and bow are very proud of right? We are very proud that we've created a system that is repeatable That the students are learning to become better than mentors and I was having a conversation with one of our moderators Alan Wiggins who Was at the same Jose meet up But basically what we talked about is that the reason why am I see traders are so successful Is because they are learning the good habits from the beginning They're learning what not to do from the beginning and they don't have bad habits to unlearn the problem is if you join one of these sorry Let me just walk by these guys Give me a second The problem is if you join One of these scammers one of these furus. I get it. I get I was talking about actually and I was like look If I'm at the store if I'm at the store and I see Something for $200 and I see something for $50 chances are I'm going to go with the $50 one right because there's probably no difference There's nothing really there But the truth of matters in trading is very different right you get what you pay for you get for your quality if you want Walmart fuck quality you could go to Walmart But if you want the highest and highest grade the best of the best Well, you have to fucking pay up for it and it's not and the funny part What important is that people pay $50 a month for these scammers and then they pay two or three thousand dollars for the education Meanwhile, they complain that five dollars a day is too much for all the uh all the uh education that we give so recognize that man, I paid 20 or 30 thousand dollars a year for college right I went to college I got a finance degree. I paid 30 thousand dollars a year right 30 grand a year for four years Almost fucking 120 thousand dollars. I had to pay for college so if m i c is fucking 179 a month call two thousand dollars a year and which is fucking A tenth of the price of college for making more money than it. I just don't understand why people are so So cheap to really be doing and I don't know if you guys see the testimonials I don't even know if you guys see all that we put out but members are actually making money, right? We let our members do the talking for us and that's what's important, but anyway back to trading. Do you guys have any other questions for me? I like keeping this interactive. I like keeping this Uh helpful for you guys and I get the most value when members are watching the videos Was college worth it for me? No, absolutely not I want to drop out. My dad didn't let me But here's the thing about college, right? I think the problem with college is this The curriculum is outdated and I don't want to get into school and all that shit But I think the reason why college is inefficient is the curriculum is outdated, right? The curriculum is outdated because like for example when I was uh In school when I was in my classes, I remember that they wouldn't let us use calculators I remember that we were learning long division equations I learned that we were doing all this stupid shit that I was never going to use in my life before I mean for example, I know it's important But stop drop and roll is something that they teach every single person in america Every single person knows what stop drop and roll is. I don't know about you guys But I was never lit on fire. So that's not really that important to me How about learning how to do my fucking taxes? How about learning how to make money? How about learning how to invest my money? That's the shit that I want to learn man That's the shit as a kid We need to learn and what I understand is we are offering you guys education We are offering you guys a way to fucking make money and people are still too cheap to afford it, right? And that's totally fine. I get it. That's not a problem I'm just gonna keep doing what I'm doing but recognize that the longer you are fucking ignorant The longer it will take you to make money, right? Last week. I made $6,000 on the week I'm up almost $80,000 in 30 days of trading I'm not doing fucking anything different. I'm just a fucking regular guy wearing regular long sleeve short sleeve this and that like That's what people don't get man. That's what people don't get. I think That if the education system the school system changed that everything would be a lot different in america, right? I'll give you an example. My little brother is 12 years old 13 years old and he's had an iPad in his hand forever And every single thing that he learns is from an iPad Every single thing that I've learned that I've applied to my life has been from youtube or google or anything like that, right? so for example if if If that's how we're learning these days, it's going to come to a point where college is going to be useless There's so much student debt. There's so many fucking problems of student debt You're paying all this money. Had I not found trading I would definitely not have made enough money to pay back my student loans or my college debt, right? So that's just something you have to realize if learning how to trade and making one to two hundred dollars a day Is a tenth of the size of college a tenth of the size of college and you have 10 times The earning power to be able to make I don't get why everyone is not jumping on this And I don't get why everyone's not jumping on this and the best part is you don't have to listen to me You can listen to the members are making the money Anyway questions guys come on. I get this shit pissing me off anytime we talk about education with my friends I always lose it. I always lose it man. I'll give you another example My father did not let me drop out of college. He said I am the oldest son that I have to set a Example for my younger brothers. So I had to go to school. My younger brother Alan went to two years of school and dropped out Hey, you know, he did he learned how to open up an online casino He's making over a million dollars a year running an online casino and he would never have done that if he was still in college I don't know if it's in the milk that I drank or the parenting that my dad did But me and my brother understand that it's hard work that brings you success and although it's two Different industries at two separate things We understand that if you put in the work and learn everything, that's how you have to make it in this world So again after I finish this live after I finish this live I'm gonna go back and review myself After I finish this live, I'm going to be like a professional athlete and rewatch my footage All right So if you are not dead constantly putting in the work, we are putting out new videos every single day for you guys to Learn I don't have to do this shit, man. I don't have to do this shit I don't have to do anything anymore. I could just stop working tomorrow and I'll still be fine I have investments in real estate. I own a couple uh pieces of some businesses Well, I'm chillin, bro. I'm chill. I do this shit because I love it and what pisses me off so much is that When I have a passion for something when I love something if people are not Understanding how much work goes into this every single day and you guys are just being lazy and not really watching anything So be it. So be it because those that do watch stuff Are finding success james in here, bro. James fucking making a couple hundred to a thousand dollars a day every fucking day Tom diesel had seven hundred dollars left. It was driving uber and now it's making a hundred grand a year Right. These are not actors These are not fucking scammers. These are normal fucking people That started off with m. I see the right way. They did not have to learn all the bad habits like wash out Longs fucking micro pullbacks and all this bullshit and all this fucking bullshit Anyway, let me scroll back and see some questions yeah, Mike's right, so Everyone knows How you could lose weight, right? All right, so inner and outer lines So for those that don't know what an inner line or something like cei Is like the 230 line and the outer line is like the 250 line, which is the half dollar market So for example on cei when you are trading the stock the inner line Yes, it's 230 and the push is towards 250. That's an outer line And what we like to mention is during zombie times you should focus on the outer line So let me let me kind of just backtrack a little bit Um, so something that I get asked all the time is it's 10 30. It's zombie times. Can I still trade? And let me tell you the fucking answer. Let me tell you the truth of the truth of the matter is this After tracking my statistics, I found that I lose money after 10 30, right? And that's alex That's alexis statistics, right? Some other people have different statistics other people do things differently But what I realized from my statistics is that I lose money after 10 30 and after talking to dr Brett steambarger about it Those of you that don't know was my training coach for about a year After talking to him about it, he said you have two options You could either expand your playbook and try to find a way to make money during those times or Do what he thinks what he recommends which is cutting off your training for the day walk away Help the community help the members you have another full-time job helping people in myc So why don't you focus on that and be productive during those times Rather than sitting there and being stressed And that's kind of what changed my training the zombie rule changed my training forever because now what I do is I trade till the morning I trade until 10 30 11 o'clock. I cut myself off and I walk away make videos answer 70 p.m The day put up new videos on youtube try to work to innovate and give you guys new perks and new features and stuff like that I think it's a lot of my time, but Back to the point is can you trade during zombie times? Well, what are your statistics tell you? Are you making money after 10 30? Are you losing money after 10 30? Are you flat after 10 30? And the truth the matter is most people after 10 30 they will lose money Most people after 10 30 will lose money because that's when the volume shrinks. That's when the algos take control So I recommend that most people Uh either size down after 10 30 on the short side or cut it off completely right cut it off completely but Here's the flip side There are plenty of long traders in myc If you know what a short trader is doing you could do the inverse and make money I actually got a p.m Today from one of the members that went long cei today and sold it at 230 where we were all shorting Right, so there's so many ways to make money So there's plenty of members inside myc who are not only making money short But after 10 30 they are focusing on going long stocks that have rotated their flow Stocks that are holding above vweb stocks that are holding at the Support lines and people are waiting longs are not trading from 9 30 to 10 30 I mean from 9 30 to 10 They are starting their day trading at 10 30 because they've realized that these zombie moves are real They've realized that there are so many ways to make money in this market And zombie times for those of you that don't know took me and bow fucking years to learn bro years to learn And you'll see everyone's going to copy it. They're going to do the vampire times the undead times Zombie times they're going to copy it all you wait, right? So The point is is that After these times from 10 30 to 2 o'clock stocks have a knack of going a little bit higher The volume shrinks and the stocks go a little bit higher So if you recognize that this is happening over and over again, wouldn't you as a long biased trader start to go long And that's the point right that's the point and then we have reverse zombie times Which i'm not going to talk about where the stocks tend to finally start to reverse but Point is this guys the point is this there's so many ways to make money And you don't have to just be a short biased trader You don't have to cut off your trading at 10 30 the point is to back test. See what's working. See what's not working Try to improve your trading slowly get your reps in right get your reps in watch the movie over and over again Look for different clues that you see as you notice We talk about the same things over and over again and that's because that's what we believe in that's what works If something works, we're going to keep repeating it over and over again Right, so just keep in mind guys. Keep in mind. That's just practice practice makes perfect The only way to improve your free throw is not to read about it The only way to improve is to get out there and do it yourself right practice All right, i'm making my trek back home Any questions guys Again, don't take my word for m. I see go to my invest in club comm slash testimonials look at the uncompensated Unpaid testimonials from members not actors Can't believe I have to say that shit Well, that's a fucking crane What do I look for on the low two to identify stuff happens? So, you don't really identify a stuff move from the level two Um, what ends up happening is what was that m stock that was kind of going apeshit today? mr and something you guys type it and what is it trading at? I did go over my cei trade in the beginning What was that m stock that was easy to borrow that I told everyone to avoid m i r m was a trading at m i r m so This was a good example. I think around 12 22 bucks. I think it was if I could remember correctly um so If you notice the stock topped out around 23 And the stock pushed towards 22 on elevated volume in m. I see I posted the stuff chart But what i'm looking for is not on the level two what i'm looking for is it's on the chart So I am looking and I posted this example in m. I see it every time I see a stuff example I want to post so you guys learn is the stock pushed up Towards 22 Right pushed up on elevated volume on elevated volume It pushed and tried to break high the day and am I getting pulled over Hey, I'm on instagram I'm on live You want to say hi? Not that real. All right. Sorry. I just wanted uh Will you live around here right there? You got your idea? There's someone called here. There's this little suspicious guy walking out of camera No, I you could you could come back home with me and get the idea not on me I have it at home if you want to come. All right, I'll see you guys later