This Trader's Profits Started To EXPLODE (Kinfo's Next Millionaire)

0:00 What is your why? It kind of is to prove people wrong. Welcome to undiscovered traders. This guy is going on seven figure traders. I feel like a lot of traders fall in love with their trades and the especially penny stocks. They don't love you back. So, just be careful. It has this big red day. It has the second red day. It has the third red day. Okay. So, in my brain, I'm thinking who would wake up and think, let's short the fourth red day into support. Welcome to Undiscovered Traders, the podcast that focuses on the charts, stats, and edge of the latest six figure. And this guy is going on seven figure traders. Today we're talking to I don't know how to pronounce your kimp name. I'm going to go strata. I don't how would you say it? This was stratey and then a stratata, I guess.

0:51 But I don't even like that. I might change it one day. I'm kind of over it. All right, we're going to go stratti, not strata from how do I say wora like Worcester? Yeah, Massachusetts. Yeah, Worcester. But yeah, I'm from near there. I don't know. Kinfo just automatically puts a place. It's way weird based on IP or something. I don't know. We'll But you're from the the state of Massachusetts. Yeah. Yeah. All right. Cool. This stuff doesn't matter.

1:20 What does matter is this guy is up 762,000 and a cool 34.6k in the last 30 days. And this is on a bad this is on a bad stretch. You're you've just told us that you're going through a bad period. Amplar and you're up 34 grand in the last in the last 30 days and you're going through a bad patch. So tell me a little bit about that. I mean, it's it's tough to talk about money like that because I'll sound like an by like I'm only up 34K, but like if like as five red days in a row this week, okay, and still it's so that's been a struggle and I feel like it depends on like the opportunities in the market. This is how you should judge how much you're up. So like C has just gone from like 5 to 60 in 3 days, 4 days. You know, kids just went from a dollar to 89 bucks. So I feel like there's a lot of opportunity. So I just wish I was doing better in that regard.

2:20 But in like a slower market there, that's when I'd be like, "Oh, 34K, like that's amazing." But like where I'm at now, it depends more on the market conditions. And the market's hot right now. I feel like I could be doing better. That's all. That's all I mean. No, no, it's totally it's totally cool. And you're you're only I heard Kyle Williams talking about something on Instagram the other day. It's like you're only as good as your most recent trades where like if you'd had say seven red trades in a row and then you just made made all that money back plus 30k, you'd be like, I'm doing great. But the fact that you made 80k and then you lost 50 of it, that's that's the bummer, right? That's the bummer. Yeah. But I just want to jump back a little bit with you.

3:01 you were a gym teacher. how was that? It was good. I loved it. I have a problem with it. I always wanted to be in a school. So, not necessarily a teacher. I wanted to be like a guidance counselor, the athletic director managing the sports, but to do that, you have to start as a teacher. Like, you have to kind of work your way up. So, I said like, what's kind of how do I get into the school without having to teach kids like math or English class, right?

3:31 So, that's like a gym. That's perfect for me. So I did that for a year and then co happened. So got sent home and then that's how trading kind of got its way got going that way. It's weird. Yeah. Do you think like you would have been trading if CO hadn't hit? No, I wouldn't I don't think it would have ever happened. So I would do it I would trade on the side like a little bit. So in like 2020, I would get home at 2:30 cuz the school day is short and I try to trade like the last hour of the day and that I had like a $1,000 account. Like I really lose 100 bucks, lose make 50 bucks. Like 2 to 4:00 was my time. Then when COVID happened, I got a chance to be full-time 8 to 4:00. I reached out to Jack Kellogg cuz I kind of knew him outside the market. So I have Jack and then I have being home all day. So that's when it took off. But if CO didn't happen, I don't see how I would have been here to be honest. So as bad as CO was, that's kind of selfish of me, but it was kind of a blessing in disguise, but I can't really say that.

4:36 But it's kind of crazy. So So how did you get your start? Was did Jack those kind of low price OTC's or something like that? What were you Oh, everyone. How many times have you heard that story? Too many times. Too many times. I'm I'm one example of probably thousands where in 2020 you discovered the stock market and you're like I want to trade and then I traded every OTC that mentioned COVID. So a COVID stock would be like hey we're going to cure COVID or we're going to make the testing kits and they'd go two three 400%. And it's like oh this is easy. You just wait till the press release comes out and you just buy it.

5:14 So I did that 2020 2021 and I probably made like 50,000 over the two years and that was I didn't for not knowing anything like I never even experienced losing at the beginning because having good mentorship in a hot market it was really hard to screw up kind of. So it's it started off hot and you know then it slowed down. All right. So, I've got a I read that you made your first 10K around August September 2020 and then you lost it again.

5:47 It was like I didn't I don't think I lost the whole thing. I think I drew down cuz I think it slowed down in the summer and I didn't know any better. So, like everyone says slow down in August. So, losing in August makes sense. Everything cools off but you don't know any better. So, you log on, you still try to do the same trades and then before you know it, you're losing. So that was a that was a good learning lesson I guess. Yeah. I mean my my biggest failure like my biggest failure in all time in trading was not adapting to markets. Not adapting when a when a pattern doesn't work. That's the number one thing that that killed me in trading. But I've got two questions for you. reflecting back on that period.

6:24 the first one is what clicked for you to make the money. And the second one a little bit deeper is what did you learn that you could have only learned by losing? So the do you want the money for like that first run or like what we've done now? Yeah. So what what clicked for you to make the money on the when it first clicked? I would say just kind of learning what everybody else was doing. So like I have an a kind of an ego. So I'm always trying to do my own thing or like I want to call Jack and be like, "Hey, I have this new strategy or Tim like why don't you try this?" And like once I realized you don't have to reinvent the wheel, I think that's that was very important for me. So I just started doing all the basic strategies and like keeping it super simple cuz I always try to make things complex. Everybody used to be in a trade and it was going well and I'd be over here in a trade that nobody's talking about, no one's mentioned and I'd be like but if this one goes up I'm the only one in it. So that was kind of a realization is like everything in trading has already pretty much been discovered at this point. Like I started to keep it really simple and just go kind of go that route if that makes sense. No dude, it makes it makes false sense. And my ego is probably even worse than yours because when a position goes against me, I would think the whole market's wrong. So nah, the whole market's wrong. And and then I took a massive loss and so you've got your ego on both sides, right?

7:56 That's it. But second question, what what what did you learn when you lost on that initial draw down that you could only learn from losing? Honestly, it's like you kind of got to take that pain to deal with it. Like people always say to paper trade to learn and I I just never I feel like you just learn a lot about yourself. Like forget the charts. Like I learned how I handle losing. I learned how I handle winning if that does that make sense?

8:26 Like you don't really know yourself until you get kind of put in that fire like that. So I learned how to deal with losing as a whole. Like how do I react after I was up in a trade and then it came all the way back on me? How do I react when I've won six trades in a row? How do I what kind of person do I become when I've lost five days in a row? So I just took time to learn about myself and kind of grow on that. You know what I mean?

8:50 hers 100% understand what you mean and it's it's really important, right? Because I think everyone always says who you are in your trading is kind of a mirror of of who we are in real life. So if you handle five red days pretty bad, you're probably going to not handle other things of similar stress level. Say you had like four bad days at work, you're probably going to react the same bad way of thinking like, "Fuck this I'm sick of it." You know what I mean? It it mirrors who you are in real life.

9:18 Trading exposes all your real life problems with me go outside the market. Like I'm not I wouldn't say cocky, but I like to play basketball and tennis. So if I make four threes in a row in basketball, the fifth time down, I'm going to take like a half court shot. Not out of like cockiness, but just to push and see like what I can do because that's just kind of what my ego will say. Or in tennis, like if I'm doing well, I'll try to hit the ball between my legs. Okay. So, I've had I've been like that since I was 10 years old. So, when I start trading, right, when I start to have a little bit of success, what do I do? I I don't get cocky, but I kind of try to do stuff I shouldn't be doing just to kind of push. So, it never felt like a problem growing up until trading. So, now I've spent the last couple years dealing with that. So, I'm trying to grow as a person and the market kind of lets me do that, which it's really cool. Yeah. Well, if I could summarize that, it sounds like you like to you like to feel good and you're feeling good cuz when you do well good in the market, you feel good. But then you want to feel great. You want as soon as you can push it. I want to see how far I can take the good. Yeah. You want to see how great. So I like coming back down to earth and then starting over from scratch. Like the best work I do in the market is during draw down and losing. Like I study the hardest when things aren't going well. When things go good, I go with the flow. And then couple red days, like this weekend, I'm going to study. Like I'm not leaving my house this weekend. Like figure out what just went wrong. And then I guarantee like I'll have a good few weeks soon.

10:56 And then the cycle starts over. You know, you go go and then you pull back. Okay, reset. So that's kind of been my cycle for a while. That's just how it goes. That's the I suppose that's the edge edge and technical and adapting to the market kind of side of it. But how how's your psychology when you're saying that you've noticed flaws in your personality that needed to grow with the market or you needed to adapt for the market? Have you felt that you could make those adaptations or do you feel like you can't can't change who you are? I think that's literally what I'm going through right now. I think I can change. I think you don't have to change yourself as a whole. You just have to find ways to use it to your advantage, right? So, what if in the future I study harder when I'm winning, right? What if when I'm losing I cool off and take a break? What if I flipped it? Like, how good would I do?

11:46 So, I'm kind of just taking the energy that I have and trying to transform it into a good thing like outside the market. if I do good in tennis instead of trying to do some move, why don't I double down and use that energy to do a smart move and then I'm winning even more. So, I think it's all possible. I think I like what I have, but if with some tweaks, it can be a lot better. So, not changing yourself completely, but just using your energy in better places, if that makes sense.

12:17 No, I mean, and and we all work on and we all need to. I mean, for me as well, when I used to take a big loss, I used to just drink a bottle of whiskey and and now I think like now I think why don't I drink half a bottle of whiskey maybe 6 months ago and now now now I think don't drink any whiskey. Just figure out what you did wrong and try and fix it. Do you know what I mean? But I read somewhere that you you're not interested in Lambo money.

12:43 I read on an Instagram post that you're not interested in making the Lambo money. are you you is that is that correct or I don't like I don't see I don't know everyone's different so everyone's chasing something different like Lambo money like I listen let's be clear if I got Lambo money I wouldn't be mad about it okay and that if my trading gets better maybe I can get in that conversation I don't feel like I need it like it I'm just trying to have like a happy life like I have European parents who come from a village right like We're very down to earth. We don't grew up middle class like but I I also didn't grow up like super or po or either. So I don't have this like killer motivation to like make it big. I just want to like have a comfortable life and like in trading you can create any life you want. So I don't wake up and try to make Lambo money, but I try to build a process or a system that I'll have my whole life that I can rely on so I can just kind of cruise. You know what I mean? Yeah. I know I want to I want to let me rephrase that question.

13:50 I was talking to some people in Argentina and and I was asking people what their why was why they got into trading. And if you said the reason that you wanted to get into trading was to make money to buy a Lambo, then you're not going to have the fortitude to make it. So, but I wanted to ask you what what what was what is your why? It would be it kind of is to prove people wrong. I feel like that's kind of why I did it. And you can also make money while doing that. So, I got into trading and I at this point I'm four or five years in and I used to tell my friends back in like 2019 2020 guys like we should check this out like who wants to do some trading with me and everyone just shot me down and I'm like I don't know like I feel like there's something here and then on top of that I'd love to help people and that's what I was in the beginning I told you I wanted to be a guidance counselor like an athletic director so trading kind of gave me that too cuz if I can learn how to trade in depth, I can help other traders who might be struggling. So 90% of traders lose and I wish I had like more help in the beginning. Like I had Jack, I wish I had even more. So if I can learn how to trade, I can help other people how to trade and make money at the same time.

15:07 It's like a win-win win-winwin. No. And I think let's let's bring up your Kinfo chart and look at your overall profit chart now because what I found interesting is like I think your first five years you made like 100k. So you weren't one of these guys who did like in two years all of a sudden you were like 500k up or something like that. No it's it's very progressive. So if we go through it this was when I was trading while teaching right? So it was right around co right around here I was home. So this is when I got to learn about OTC's a little bit and you can see like there was never really any drawback because it was at that point like I said if you found a co PR or something like it wasn't hard to do. Okay, especially if you were surrounded by other good traders basically calling it out like at that point I was taking calls from people. Anything Jack said I was trying to buy, right? Like I feel like that's what everyone was doing at the time. And then what happened is you start to realize that that's not reality. So January 2022, everything cools off. So OTC's died out. A bunch of new rules came out about OTC's. And at this point, what have I done? I'm not going back to my gym teaching job. I have just enough profits to keep me in the game. You know, I'm still living at home. So what do we do now? We have to adapt. So I tried I spent a year here just trying everything. This is when I learned from as many new people as I could. So like along this journey I've learned like I'm a big Tim Sykes guy. I've spent years learning in the challenge program. But I've also taken time to learn from all the big people on Twitter. Like the short bear has amazing videos on YouTube. I go through his whole library.

17:01 You know, I worked with Dan Irish for a couple months, so I learned his strategy about structures. I would talk to Bryce Tui before, Matt Monaco, like there's a guy on Twitter I wanted to shout out JD Trades. Like he is one of the most consistent traders on Twitter. Kais is a big name too. So I've taken time especially in that period to learn from a lot of people and even now. So that happened and at the end of the day you have to make your own connection. So you can learn from whoever you want but when you're sitting in your room alone at night like and there's no one there's no chat rooms there's nothing going on you have to still be able to make your own connections and kind of tie everything together. So towards the end of 2022, I spent 12 months, no profit, just breaking even, staying alive, right? And then I kind of had a revelation. So it's a funny story. I was at Giant Kellogg's house. He was on the phone with Kyle Williams, who's a goat in my eyes. I should have shouted him out, too. It was him, Kyle Williams, and my good friend Ben Jamon that a few people know. and the three of them were in a short together. Okay, it was a very standard first red. I don't remember what exactly the setup was. It was something that you should short and I'm watching it. I'm not in a trade and the thing it's just not breaking down. Okay, every time it goes to crack low of day, they're like, "This is the moment. This is the moment." And it didn't. Okay. And I love them to death, but I was laughing. So at by the end the thing swiped up to high a day, right? So one after another, Ben's like, "Eh, I'm going to stop out." And then Jack's like, "You know, this.

18:48 I'm going to stop out." Then Kyle stops out. And it was that day, I'll never forget that day where I was like, "There could be some What if you can identify like bad not not like I don't want to call it bad short setups, but short setups that aren't working that day?" and can you just capitalize on the the momentum and the shift and just take advantage of those emotions. So that was around January 23 and once I kind of figured out emotion trading a lot more that's kind of when I had my jump and then it's been pretty much cruising since then.

19:23 That's absolutely wild. But I mean so what's interesting I've got two I've got a lot of questions for you. The first one is kind of how I'm scared I'm going to forget them because I've got I've got a few things. But the first one is like how how do you approach the like a lot of people are going to think like there's a thing with there's a thing with networking in general that everyone wants to know someone better than them and people don't really everyone wants to get ahead and not many people want to help others unless you're right at the top then you might reach out to a couple of people. So like how are you reaching out and making the connections because like are people not just being like off basically or no I don't have time or it depends on the specific situation. So I was always willing to pay like JD had a room a year ago I was in the there Kyle and Dom and had their conference so I went to Arizona and just paid for it and sat at the Dom and Huddy conference.

20:17 I think it was like three years ago. I've been in the Tim Sykes challenge so paid for that. So, I had no problem like ever paying for that experience. And then when you start to get friendly, like all these guys were down to earth, too. So, once you start providing value, they'll provide value back. So, like the worst thing you could do is get to know some of these traders and ask a ton of questions and then like don't say thank you or don't offer anything back, right?

20:43 Don't be transparent. Be honest. Like I feel like a lot of people on Twitter will tweet a big trader like Nate or something and they'll be like, "Hey, what do you think about this?" And they'll give you an answer. They they're like they don't answer back and say they just tell you to off. So I've always just tried to be like personable and try to relate to them and give them my opinions on trades or like I could tell Jack all the time now, hey, I kind of don't like your short. I kind of want to long it. Why don't you be careful with your short? Right. And this is Jack Kellogg we're talking here. But I if he does if I can save him from getting squeezed one time, maybe then he'll offer me something, you know? So just the circle of life, you know. The trading community is already pretty violent and like people are always mean to each other and fighting like just just be like yourself and be down to earth, you know, have a conversation.

21:37 I think that's actually fantastic advice. because I always saw people like trying to get to know people online and get things from people and I just I was never felt comfortable with that being the way and I was thinking how do you do it and it it is a case of just going to people's conferences meeting them face to face paying for it paying for the first experience and just saying and and getting to know them and then you can say look I was at your conference I'm paying for your room show that you show that you're driven and they'll think this guy I've met him in person he's driven there's not that many other people like that so they'll start to help you a little bit more I think just something like like Big Kyle. I love that guy. Like I went they happened to come to Boston for the Dom and not Clover. They're Clover now. And they had a Clover conference in Boston and I had no problem going to that, you know, posting on Instagram. I'm at the Clover helping them out. You know, what whatever you can do in any community.

22:27 Like I love shouting out Tim Sykes. My Twitter is like all Tim Sykes cuz he helped me get started and now we're just cruising. So, I I'll shout out anyone who helps me and I'll try to give them what they can, too. It's equal. No, that that's exactly right. And and the irony is the strategy that made you this 600k in the last two years. Like it did you you said that you came across this on a youa moment. So, you spent a lot of time learning everyone else's strategy, but in the end, you kind of figured your own out. Is that is that it? the everybody else's strategies created this ball of stratey and that's kind of how it happened. So yeah, I like I said, I spent six months with like each person, not even talking to them every day. Just just say I could go study Kyle's tweets from the last month. He does a a monthly review every month on YouTube. They get a ton of hits. You can just see what he's trading and then you can kind of start to guess like, all right, he's in this, he's in that. learning what Jack traded, learning what Tim trades, learning what Nate traded. I love Nate, too. And then, yeah, you put it all together. So, what I used to do is I would see Nate's watch list on IU, okay?

23:41 And he would have all the short setups that he's watching that day. And I wouldn't be an and be like, I'm just going to wake up and try to long these cuz you're just fighting the trend. You're asking for pain. But you can say, "Hey, let's just keep an eye on it, right? Let's see how Nate's trades are doing, right? Let's see how Jack's doing." And then that's kind of how I got my edge cuz, and the reality is 90% of traders lose. So if you can find their setups and you just see how it's going, like more times than not, like the average trader is going to lose. So you just kind of have to bet against it.

24:16 That makes sense. Yeah. But it's like that poker analogy where they're kind of probably already in the trade. It's like the poker player like who is closest to the button knows knows the most information. Like all these traders have already made their trades and you're sitting here thinking with all of this extra information I can see that this might be the one that doesn't work. But I don't want to I I always feel weird talking about it because I feel like it comes off like an But there are plenty of times when I try to do something like that and my trades fade.

24:45 A lot of my losses come from light volume or no squeezes happening and you're caught with the size and then nothing happens. So there's plenty of times when they're laughing at me. Okay. So it it's a back and forth game, but it's just riskreward. So you take a shot and if you're wrong, you cut it quickly and if you're right, you let it ride. So it ends up working out. But I feel bad being like, "Oh, I I look at people's watches and squeeze them because it's not how it is." But, you know, traders get stubborn, too. So, if they're on the short and, you know, your short should be fading by 10:00, right? 10:30 and it's still not, who's going to be stubborn enough to hold and who's going to get caught on on an uphalt? You know what I mean?

25:31 I mean, at the end of the day, trading is ultimately a zero sum game except worse because brokers are taking cuts of locates and commissions out of it, making it worse than a zero sum game. you are in battle against others. So, I don't think there's any problem. You're not an at all to look to exploit another trader's weakness. As long as you're not going like, "Hey, you." Like, as long as you're not doing that to people's faces, which obviously you're not. You just playing the game.

25:57 Oh, no. Cuz the majority of the time, those squeezes have a lot of clues beforehand. So, like like I said, not breaking down after a certain amount of times. Like every time a stock goes to break low of day, it breaks it by a penny and comes back up. and people get more frustrated, right? So, and the way I learned that too besides watching them go through the ups and downs is your own trades. So, if I'm a long biased trader, it works that way too. I almost think these are the best shorts. If I long something and my friends long and my other friends long and my other friends long and we're all big size and it goes to break high a day by a penny, okay?

26:35 And it doesn't. And then it goes to break high a day by a penny again and it doesn't. And now it's like two hours into the trading day. So now we have all these ads. We've gotten big and it won't break down. One of us is going to blink and sell it. And then eventually the next guy and the next guy and we roll over to low of day. Okay? So a short seller could have did the same thing to us and said, "I'm going to watch you trade this first green day or this breakout and it better freaking break out because if it doesn't, all you people with size are going to get caught up." And that's it. That's the game we play. You know, you have to have a bias and then who can lose the bias if it's wrong or not have an ego about it.

27:17 You know, you never think about playing at both sides, both sides of the coin. How you doing? I'm not I'm not ready yet to start splitting. I still like I said, I still have my problems. So, I'm no perfect trader either. What problems? I would say like these draw downs are still too big like you said like the 30 40K I feel like to to be shorting you really have to be on your game. I do a lot of oversizing so because I'm kind of confused. I'm still this is my next question for the next year coming up is a lot of the big traders say the good trades just work right away. Okay, that's been my and I'm like yeah that makes sense. When I buy a stock and it perks it should just go. Dan Irish was always big on that too. He was like, "When I buy this perk out of consolidation, there's no looking back."

28:09 Okay, so in theory, what I think is, okay, why wouldn't you go overload your size because it's not supposed to come back, so just get it in, you know? But when it doesn't work, you're caught with the size and then you have to sell and you start to take slippage. So I'm kind of tripped up on how much size do I take if the trade isn't supposed to come back. So, I'm starting to learn new size for worst case scenario. So, if I already have an oversizing issue and I'm not confident on it yet, the last thing I feel like I should be doing is trying to short tops. God, I don't think I'm ready yet. And that's just me being honest with myself. So, it is what it is. I mean, how many short sellers have got a problem with not cutting losses on the way up? It's it's the main reason these squeezes happen. But, have you got any charts? I'd like to see do you have any examples of of some of these trades? I I think I think your strategy is unique. It it it makes a I think I heard possibly I heard Tang Do you remember Tango Baker?

29:12 I know the name. I never trade with him or anything. Yeah. H he's called Tango Baker because he dances Tango and he's got a bakery. So that's a fun fact about him. He he at some times I think mentioned something similar to looking for squeeze points and and taking them long. But you're the first person I've spoke to on Ken for any podcast that specifically has this as a strategy. So be curious to to show a couple of examples to help people. So there's a couple ways you can do it. So this was one of my biggest trades of April. I think I nailed I think it was like 26,000. So it's not it's just a game we play, right? So AR I love trading the the Tim Sykes framework. So it's like the number one the big day of consolidation. sorry the big day where it pops up there's a little consolidation day I traded this breakout a little bit the one the two but this is where I'm the most comfortable trading and it's a little I don't know if it's unique but this is when I'm comfortable so it has this big red day it has the second red day it has the third red day okay so in my brain I'm thinking who would wake up and think let's short the fourth red day into support. So that's the little lens that I build for myself to give me some conviction. So if it's a bad short in theory, wouldn't it be a good long, right? So who is waking up and still short? Or if you're swing short for 4 days, like you're already up 14 $15 a share like now I think you're getting greedy, right? So there's there's two kinds of squeezes in my opinion. There's the fear squeeze and the greed squeeze. So, the fear squeeze is when the stock is already up a lot.

30:58 You're trying to short it and you cover and you stop out. But then there's the greed squeeze where you're up a lot and you've won fair and square. I'm not trying to squeeze you for a loss. You you've done the job and now your ego or your greediness is keeping you in too long. So, if you're short from we'll give you 18. We'll give you maybe even 20. average trader right here 16 bucks. If you're short 16 bucks a share, one day, two day, three day, you've gotten $11 a share. If you have not covered, what do you what more do you really want? Right? So that's when I come in and right into this day, I'm like, the second I have some riskreward, anyone who's still short, I feel like this is could be a good shot on top of being your standard bounce first green day pattern. So there's a lot of things going for this one. So, I got along right into here when this volume comes in and my risk was just on this little level. So, you're only risking, you know, 30 40 cents with that upside like we talked about to go all the way back up here. And this day, yeah, I was right here. I think I made about 26,000 just selling into strength. But you kind of see the thesis is, well, if you if it's a bad short, then what's left to do? And this is one of the biggest runners of April. So that's kind of where my game comes in.

32:26 Yeah. It's what I what I like about this is everyone's so focused on on the day ones like the day ones longs, the day one shorts, the hot stock, and you're looking at something that everyone else is most of the crowd have forgotten about. And that volume looks like nothing. The volume almost looks scary to me to take a big position in. Right. Well, that's where I have to that's where my slippage comes in. So, my win rate's very low. So, like a 38% win rate and these draw downs do happen. So, that's why I'm trying to tweak it a little more. So, this isn't my I think if we were to talk again in a year, like I'm hoping to clean it up a little bit.

33:05 But, if it's scary volume for me, wouldn't it in theory be more scary volume for someone who's short with a 100,000 shares? Yeah, it's a fantastic more who's more scared. So, yeah, I'll lose 30 cents if I'm wrong, but the upside is a lot bigger. So, we're trying to find trades where the volume has dried up. Like, most people say low volume is a bad thing. I would say it's bad for someone. Who is it really bad for at the time, but like I said, 40% win rate, if not like 38. And I take slippage sometimes. And I have my draw downs, too. So, I can't sit here and be like I'm perfect or anything, but when these trades work and you're on the right side, they the upside's insane. And when $6 a share in 20 minutes, you can't beat that. That must be one of the best feelings in the world when you see a live volume stock skipping a halting time after time just knowing that shorts have got massive size. There's not much better feeling than that.

34:09 But like I said, they're they they're not getting squeezed for a loss that they're just it's time to it's time to cover. I think T+1 is a big term in shorting or the the broker will give you one to two days to cover. So if it hasn't faded within two or three days that they're going to buy you back in, but that's a part of the game I'm I'm still learning myself, too. So there's a lot to it. No, but yeah, the thing with you is you you say things that sound like complete common sense that most people haven't thought about until they hear it. which is one thing that one reason why I think this podcast will be will will do well.

34:49 do you have a do you have a second setup? And then I want to leave people with just these two because I think the lessons that you've gi like I don't want to dilute them anymore. Oh yeah, I see. that doesn't bother me cuz like I I just read best loser wins by Tom Hoggart and he was like now you people can share charts they can study edges like they they the brokers offer the best resources in the world yet still 90% of people lose so like diluting charts it doesn't really bother me like 90% of traders lose because of psychology so you could share I think I'm pretty convinced you could share your whole ledge And Paul Maggie shares his stuff on YouTube. Shorebear shares a lot on YouTube. And no, a lot of the big names don't really care about being transparent because people can learn it as much as they want. They're still going to screw it up because of psychology. So I don't mind. But the second one, I sounded like an because I say I try to squeeze George.

35:50 Sometimes there's just really good long setups, too. And I don't want to over complicate things either. So was this month. this was the first green day and then we had a breakout a very simple daily chart breakout. So this is when you know take the long just be cautious that's all. So it was this day we're breaking out. We're breaking out on the daily chart. Massive volume has come back in. And so this is where I could be an and be like let me try to short it. But no like don't short the first day of a breakout. Let's see if we can find like a long position. So I think I bought it into here into the close risking 73. So I think yeah it was right around 80. So I was risking 7 cents. I think I sold like a dollar a $110 made like 3:1 4 to one on my money.

36:43 And I didn't even I missed this whole move too. So I have a lot of work to do. But I I do it based off riskreward. So I was only risking 67 cents and like I said I got 20 25 cents. So that was plenty for me and that's that's good money. So took that. But one of the questions I wanted to ask you before was when you're buying these say it's like a dramatic volatile move to the upside. It has three days red. Are you taking into account dilution to think is this heavily diluted? Maybe I don't want to dip by it or you know not bothered. I probably should. Yeah. So, you're not even looking at dilution and still doesn't matter cuz overwhelming people are short. No, because the way I perceive I think listen and in a year or two I could have a different answer for you.

37:36 We're just going with what I have now. And I'm I just think everything is a game. It's like a video game. So if there is a lot of dilution, right, there's going to be a lot of shorts in it and the market makers know that and can still drive price up. So I'd almost kind of argue very skeptical that you want to trade stocks with some dilution because there are big money players were short for that reason and that's going to cause squeezes too. Now, I'm not telling someone to go on dilution tracker and find the most worst company in the world and long it, but I wouldn't be scared if I know there's a lot of shorts involved in potential dilution.

38:17 It's not going to stop me from taking a chance. But that could be different in a couple years. So, we'll see. Now, you said something really interesting before. You said that you could show all of your charts in Quo Magi. Quoam McGee. Quoam Magi does as well. and Shaw Bear shows a lot of his stuff and still people wouldn't be able to exploit the edge because it's a psychology thing. So what I want to ask you is why do you succeed when 90% fail? What's different about you?

38:50 I don't like talking about I myself but I feel like I understand emotion very well. So like I I that example I used with my friends all being long the same thing. Like I've felt pain from losing when I was oversized in a trade and questioning why things didn't work. And instead of getting mad about it, I feel like I'm open to learning how it worked out, what hap what went wrong, what happened instead of just raging off and being mad about it. So I feel like people who are successful, they ask like why a lot. So you ask why, you find whatever answers you can and then you try to use it to your advantage. So I used to lose on longs all the time and they were perfect first green days and they were perfect breakouts and they had catalysts and they had everything and they would break Kai day by a penny and they would fail and I felt that pain for years. So what did I do? I started to learn other setups and see how they go. So when I see the chart where it breaks low of day by a penny, breaks low of day by a penny, I I can relate to the pain that they might be feeling and you have to take advantage of it. So I I feel like I just I'm emotionally aware of other people if I had to say something.

40:14 And in terms of a breakout are you're looking for I also hear a lot of people talking about like it's often to be successful in trading it's not the common things that you like it's not because sometimes you can say you just need to do the basics right you just need to do the the right setup the first green day trade the breakout make sure it's got a cat list make sure it's got a low float some people will say trade the basics and you'll get it right but then someone like you is saying nah you've got to look for this part of the price action that's quite unique and if that level doesn't hold and then it pops back Well, you have a bias, right? So, if you see a first green day, trade the first green day that don't complicate it.

40:53 You're not no one's trying to be cheeky and short. Don't short first green days. Okay? But you should study how they work, how good first green days look. Good first green days make fresh highs, just like good first red days make fresh slows. And you when you see a lot of people convicted in something and it's not doing that, you have to react before they do. So when I'm in my first green days and all my friends are in it, like not for nothing, if it's failed to break Kai day four times and it's now midday, I'm just bailing. I'm not waiting till my stop. I This isn't working because two days ago, ARB that I just showed you swiped up six bucks in 10 minutes. Those that's a good one. That worked, right?

41:36 So you have to you have to have experience with your work your you have to study your winners and study your losers and find the common denominators. You know my winners kept going and just kept working. My losers stuff stuff stuff. So shorts when they're when they're loser stuff stuff stuff stuff stuff I just buy it. But if there's a stock just fading all day no I'm not stepping in front of it. No I'm not trying to question it. They won. They deserve it. They studied and that that's it. No no no ego. Yeah, know it make it makes a lot of sense. I can't help but relate it a lot to my to my trading as well, but it's like for you it's a case of learn a lot of different setups, monitor which ones are working in any market environment and and go with it without bias or emotion. Basically, that there's no bias. No mo just know what should be happening versus what's actually happening. That's a big one, too. Everyone wait goes to bed at night and they're like, "This breakout's going to gap up. this breakout is the best breakout I've ever seen. It's going to gap up. And then they wake up and it hasn't gapped up and there's no volume, but they'll still call you and tell you it's going to go. It's going to go.

42:45 They're so like in denial about their trade plan. And then it rolls over and they're like, "How did this go so wrong? I don't understand." So just just know what what's happening versus what you your perception. And I feel like a lot of traders fall in love with their trades and the especially penny stocks. They don't love you back. So just be careful. Yeah. No, it's it's great advice. I think the entire the entire podcast has been fantastic. It's something people should probably watch twice. You you said earlier that you did some a lot of kind of events. is it NSA builds that you did and you've done some stuff with a lot of people on Ken for with Kyle Laptop Legend? Yeah.

43:30 So, I've I've done I've been to all of them. Tim conferences. The Tom and Huddy was a big one. Clover I've been to. So, now we have Inner Circle and I work a lot with Tim Sykes. So, Inner Circle we travel around. So, there's like these private challenge students and we go four places a year. So, like we're going to Mexico next week. We were just in Tampa. We have Positano in June. So Tim basically rents out these like sick places and these students come and we all hang out. So I kind of run that but not being a millionaire trader like I try to help them with psychology and stuff but all the time we get like I have Jack come and David come like a laptop legend comes and helps out a lot.

44:16 Mari comes, JCP comes. So, we've built like this inner circle where we talk every day and help out and then four times a year we all just hang out and it's that's been really cool to meet new traders that way. So, that's what I've been up to lately. N sounds cool. I'll put a link in the in the description for that. So, if anyone's interested, they can check it out. But other than that, it's been fascinating to talk to you.

44:41 We actually knew each other before, but we didn't fully know that we knew each other. But we've actually been in chat rooms back in the Dan Irish days. Have you got any final final words of wisdom or to close out? I would just tell people like try everything and just try to make some kind of connection. Like everything I just said could be gibberish to you and you're going to teach me something and it's gibberish to me. Like I still don't understand what some people do, but if it works for you, it works for you. Like I could have pulled up that ARB chart and somebody else out there could give me a completely different lens and thesis for that trade and that's cool.

45:18 You just have to take the time to find what works for you and make it make sense in your head and you'll you'll do all right. Nice. I have no doubt that I don't want to jinx anything or touch but I want to get you back on when you pass 2 million because I think it's it's not going to be too far in the future. But thanks for your time. Thank you.