Yeah, i think conferences is single-handedly the most uh impactful thing you can do as a trader as a beginner as an experienced trader. Whatever stage you're in you go to the conference, you don't know what kind of conversation you're going to have, or the type of people that you're going to talk to and that information that you're going to talk to them about that relationship that you're going to make You don't even know how much that is potentially going to affect you. It's going to completely change your life and that's that's what happened to me. That's what's happened to mari and kyle and all these other traders that i know you're one conversation away from being profitable.

Hey, what's up guys welcome back to twist, as always us three me mariana jack. We are here we're back um today, we're gon na go over a few things, a few eventful things um. Clearly, we know one we're talking about yeah we're gon na i'm gon na go dive deep into that um. We just went to traders for a cause over the weekend, so we'll talk about that.

We had a couple plays couple trades today, um but yeah. Besides that guys, i mean you haven't traded much this last week because you were traveling and going traditional cause um, but anything new in the markets. Maybe that you're, seeing besides our since last week, um anything different or are we just kind of still in that fall phase before we really start to heat up per se, go ahead mari for me, i feel like it has been that same fall kind of mentality. The past, like few days i haven't really taken much traits.

We were in las vegas. It was great um. I feel like it was a great experience for us to get to know new traders get to know a lot more girl traders. For me, i was able to meet up with some of them.

I think that's really important just having a lot of people to fall back on, for example, like we haven't, had um that many good trades in otc the past like few days and that's fine like you know that it's not just you. It's also other people around. You i thought that was a great experience for me, pretty pretty similar to mario, like i was in uh vegas since thursday, so i we did traders for - or we did a twist on tuesday and then wednesday. I just kind of packed, didn't take too many trades.

I'm not sure i took anything and then thursday i was traveling friday. I wasn't there monday. I wasn't there today, i slept and passed the market, so i haven't taken any trades personally, but i have been monitoring the market and i did see shmp and alppp two otcs, two former runners, 2019. 2020.

2021. All runners uh in the past sfor - and i saw a few runners go on, multi-day runs, shmp and alp are nasdaq plays. Actually alp is getting uplifted to the nasdaq very surprising. Bravo, i remember when that stock was under a penny, and now it's five bucks and they're getting uplifted, really crazy.

Mshmp is running from the 30s to the 50s on uplisting news. That's also very impressive. Shmp was something we traded back in 2019 and then it you know it tanked from a dollar share already all the way back down to a penny or two, and now it's back towards 50 cents, uh, that's really impressive, so i'll be watching shmp into the end Of the week and next week, if they actually do get listed up on the nasdaq, i think it could have a potential nice run and for you guys that traded in 2019. We know that that one dollar level is huge resistance and could create a nice play.

If it gets over that that's a lot of speculation, we'll see, but just a few other runners in otc nothing's very very clean right now, but there is some stuff popping off and then i'm sure kyle will talk all about crypto. So i'll. Let him talk about that, but i did send out a tweet today and i said till ray nice rotation uh, it's pretty cool to see some of these wheat stocks come off their lows very strongly. I do think that we have neared close to the bottom on these weed stocks and we potentially will have that winter run, but other than that, that's all i got.

What are you seeing kyle um yeah tilray tilray. You know i didn't see any news on it today. I didn't, i don't know if anyone else found any news, but i mean just lots of volume. I mean we're up.

What is it up on the day? It's uh, what's 16, i mean that's. I mean we've had plenty of other great days before that have failed, but at some point you know similar to i mean previous like how we bought them previously. At some point, the trend changes um. So yeah, i'm excited.

I don't i don't. I guess i own a small piece of tiller like in, like a longer term, account um, but i'm with jack here and then i'm also kind of eyeing the wheat sector kind of just keep an eye on it, because you know every every few months to a Few years like we always get this hot run, we had one back in february. That's really cool to see other hot sectors - bitcoin bitcoin, bitcoin, bitcoin, um matt - did a state of the market webinar for the people in the crypto rockets um. I couldn't make it because i was doing a webinar for the breakouts and breakdowns chat room.

However, we did go into detail about bitcoin about btc uh and i personally had a suspicion that the new etf that just started trading today, which is under the ticker b-i-t-o um. This is it right here. It started trading and following bitcoin and it's going to follow. Bitcoin, like that's, that's the point of the this etf um, very first etf.

So that's really awesome. I mean people have been talking about this for a long long time. Finally, it's been accepted and it's live, so it's really cool to see uh in previous. Like past events with bitcoin and crypto uh, usually we've seen like a sell-off.

Usually it's like a sell, the news kind of thing, and so that's what i was thinking um, but as of so far from today i mean we have not done that. We are, i mean pretty much nothing but almost green candles. The entire day uh one little like flash flash dip here, this little red candle, this hourly candle, but everything since then i mean we've just been up: trending um. Let me actually refresh this page because i think i think uh, i think we're higher now um, but we're just like so so close to highs.

I mean we're literally about 600 points away from highs, um the all-time high, at least what i'm looking at here is 64 829. The high of today is 64 291. I mean we are literally um right there. Now i you know, i'm gon na count my eggs, where they hatch, but clearly we're close enough.

Two highs and i've been saving this tweet i've. I've saved this tweet when i tweeted it because i freaking, i made a prediction and i'm not one to predict, but i'm just gon na i'm just gon na pat myself on the back here on this one, all right so back in um back in may, when, Like i mean when crypto just got crushed right, tesla came out and elon came out, saying we're not going to set. You know. Bitcoin is payment anymore.

Everyone was worried about how it affects the environment, how much energy it costs there was uh. China was pretty much banning trading and mining of bitcoin. I mean this. That was this entire sell-off here.

That was when everything got crushed, um, also being the reason that you know this in this tweet that i quote: tweeted um, you know crypto margin calls. The problem is a lot of people when cryptic is hot, is people start buying more money than they can afford right? They take out loans, they take out margin, they take out leverage and they're just buying as much as they possibly can, because they think you know when krypto runs. 50, 100 they're just gon na make a fortune right um, but when crypto goes against them right, they get margin called and they get forced to liquidate their positions. And i mean that's really what happened on a lot of these days? Where i mean crippled just got crushed, i mean we pretty much panicked from 43k, all the way down to 30k within a day um, and so i said this i was like you know all this.

This sucks, like it's, never fun for people to get liquidated um, but this happened before and it's and it's healthy because it washes people out it realizes it. It exploits people's greed and then we can kind of continue um, naturally growing at in a in the crypto market, like the crypto market can grow naturally and not just be leveraged up to try to be pushed higher um. So that's what i said and so then david here, i'm not gon na. You know sorry to call you out david, but you're.

This is a good example. You know his view was like okay, i think crypto will. Then you know trade between 60 and 30k. Maybe for a few months, maybe even several years um, because obviously neither of us know i would have liked to think differently um.

So i said new highs this year um i could have been dead wrong. I really could have and technically i'm still wrong. We haven't hit it yet um. I just want to bring it up, though, because we're just so freaking close um from a technical standpoint.

Now, even if we pull back, i i still like i said yesterday. I thought we're gon na have to sell the news event. I thought we were gon na dip back to like the the high to mid five or fifty thousands uh, and we can totally still do that. We can totally double top right here, consolidate in the sub 60k and then maybe run later um.

But the point is it's: just like we're here: the the etf other etfs are getting approved. Um crypto isn't going anywhere. It's here to stay, and so you know like jack mentioned, i'm moderating the weed sector. Um i've been watering this crypto sector for a long time.

I have a lot of invested in it um and i just think we're gon na get a nice run going uh later this year in the next few months, so um. Besides that, let's go into some trades uh! Mario, i remember you were mentioning net. If you want to, if you want to go over that one, your thoughts, what happened here, um, etc so uh this morning, that was one that i was watching due to like the daily chart. I was just looking for that first red day and i was just waiting for it to go red on the day but as you've seen in the daily chart, it doesn't really respect red that.

Well so i tried to use like the least size as i could, because i wasn't really comfortable with it. Nor do i trade large cap that my large cap so um i took some short. It was like near the market open and it was small size. I was risking, it was around.

179, 179 was actually my first entry and i was risking 180, which now that it was going red because red was 170, 180 77. So now thinking if i can risk high day at 180 - and i will also risk red to green at 1 - um 1. 80. 77.

I thought it had good chances, so i shorted um and then i covered into the 170s, but i did mess it up and just started to trade the bounds. So i didn't really make any money on it, but it did close red. So i would think that it continues down trending in the coming days, i'll be watching that one, but it wasn't very, like the bounce wasn't very easy. I guess i could have just not gotten greedy and just had taken my morning profits, but i thought overall, it could be a good trade, maybe tomorrow or later in the week, yeah.

That's a good point. Um, like you said if it has, if it's had like 10 green days in a row up here, it can certainly have more than one red day in a row right um. It did that actually here, like i did that five days here. So it's a good idea.

I actually already ruled it out um. That makes me think i should probably keep watching it tomorrow for another red day. I totally ignored it today, even though i told myself like i should be looking to short it um. I was just distracted without a play, so i didn't even short it to the end this here and then similar to.

I think what caught you off guard and what kind of surprised me was like how high this bounce back. I mean this bounced all the way back, pretty much, i mean it pretty much made a new day high or at least tapped it here in the at the 180. um. I remember thinking to myself like this is just like you said, like it's a large cap.

I don't want to touch it. I don't really know. What's going on the reality, was it's actually just a strong bounce that we just needed to test red a couple more times, um failed, and i mean in hindsight, like a nice. Little short in the like the 178 179 area risking 180 again like almost the same trade plan, uh, would have resulted in kind of like the same move twice.

I mean you really got the same range in the morning and then you get the same range in the afternoon, so that was really cool um. It's a good lesson um for me, my main trade. That really put me green on the day. Uh was alp uh.

I talked to that talked about this extensively in the breakdowns of breakdowns webinar yesterday about them uplifting and they actually uplift they go to nasdaq. I believe we're filming this. On tuesday, they go to nasdaq tomorrow being wednesday and usually ogcs. When they do this, they run up into the nasdaq listing and once they become nasdaq, then they sell off uh this one's a little bit different, where it actually sold off the day before so it kind of threw me off guard.

I was a little bit slow into reacting to the price action, so i i should have probably i can't say i should have - could have would've, but in hindsight, look watching it break the morning low here at, like 550, should have been a starter like. I should have been starting. In short, i missed that. I then actually started getting short when it went red here, uh and just given how much size i wanted to give and how much you know, volume was or people were so longer selling.

Other people were shorting. I only filled about a fourth of the size i wanted um, so i just i mean i really didn't get a chance to add. I was sitting on the ask like see if i could bounce and test red green one more time. It never got high enough.

Um ended up covering my you know, fourth size position into this panic just below five um, and it actually really surprised me and i really underestimated it - actually went even lower below this panic. This initial panic low and went all the way down to low fours. I mean i just would not have expected i would have, even if i had full size i would have been all covered by uh by the 470s 480s, but even with my small size, i made about two grand um, so smaller win. Unfortunately, but again it's it's a win um.

It put me in green on the day so i'll take it other than that um didn't reshort. The bounce we'll see what it does on nasdaq tomorrow, but, like i said this play was, was what i was expecting for tomorrow. So i kind of you know just a good lesson to be more reactive instead of predictive because it can happen really whenever it wants. Um so yeah um jack, i mean, i guess you mentioned shmp.

You didn't trade. It though you're just going to watch it correct yeah, i'm just going to watch shmp because it is running up on nasdaq uplifting, uh, rumors kind of like alp is doing and alp. It ended up making like a nice move from what, from two bucks to like five or six. It was like almost a double or a triple yeah mid fives yeah, mid fives from what two bucks two yep, two thirty.

So, as you can see, there, that's been a big like two month run and if shimp has very similar news um, i think that it could make a nice move upwards. Like i was saying earlier about maybe breaking over a dollar - that's probably unlikely um, but i do think maybe it could get back into that resistance zone near the 70s 75-ish 80 up there um, it's probably gon na, be choppy, but i will watch it because shmp Does have pretty clean intradays. I just think that daily probably won't be crystal clear, as you can see from the alppp daily. It wasn't anything spectacular.

It was a choppy daily, but the intraday action still ended up being pretty good on that one. So i expect that on shmp as well - yeah sajnp - i i saw it yesterday and i saw the news i was like: okay, they're they're working on getting uplifted um, but in the pr they said it was going to take at least like 90 days and then Just from me, knowing like for a stock to be uplifted to nasdaq like it has to have a minimum of a one dollar bid like it has to be above a dollar to uplift. So i just thought to myself like they're so far out, they're gon na have to at least do a a reverse, split or just miraculously get their stock up over a dollar and hold it over a dollar um. So i just totally like just threw it aside.

I'm like yeah, you know that's cool and all um, but i don't really i'm not really buying it. You know turns out like you could. Just i mean again. I it's like that's why this week hasn't been like that great it's.

It's been kind of just iffy for me, like i'm green, but it's just no big winners, no great trading from my end, just because i almost being a little bit too predictive right, i'm just thinking like ah they're, not really good, they're, not actually gon na uplift. Right now, so why would i long it? But that's just silly like the reality: is they they're still people buying it and gapped up quite large, and you could have easily sold this morning spike um into the 50s? For you know, a nice win a nice trade. So i think that's something i want to work on closing out this month, just getting back to that reactive state um. But besides that i don't know if we have a lot to talk about.

I mean besides the besides the from i guess from my experience for for traders for cause um, it's oh, i mean i had a people, people ask me like well, how was it - and i just always tell them like it's just such an awesome experience, meeting people That you've talked to online for for so many months, sometimes even years um and the fact that like and of course, obviously conferences, cost money like traveling costs, money and not everyone has can just go wherever they want when they want uh. But i'm i'm pretty shocked the value you get from going to a conference compared to the amount of people who don't go right, like whether trade for the cause, where whether it's for a trader investor summit that we'll do next year, um the amount of people who Do trade online versus the amount of people that go to these conferences is like a huge inefficiency right, there's, probably thousands, if not tens, of thousands of people who trade who are trying to trade and at these conferences there's only two three four, maybe a thousand max At the biggest of conferences, uh in terms of trading and so um, i just think a lot of people are missing out. There's a lot of value in terms of just meeting traders person to person. I know a lot of traders who feel lonely because they just have no one to talk to and like going to conference is like a great way to meet people.

I met so many people um at the conference, and i put so many faces to so many screen names um so like it's just such a great great thing to do, and i'm excited for whenever whenever the next conference, whatever whatever conference, it is like it's like. It's just such a draw. Always i think it's always a good good time. Um i mean i mean that's how you guys met so i was gon na talk about that.

Yeah go ahead, go ahead. I um for me. The first conference that i ever went to was the tim sykes conference and i remember in 2018 i actually got the virtual one and i remember just being very bored because all of that information is already put out into videos and dvds and video lessons and everything. So i thought that going the next year in 2019 was a huge difference.

What i spent in the virtual one, i could have just easily gone instead in 2018, i feel, like everything would have been a lot different, because the inspiration that you get just from seeing the people that are actually real, like everything, just looks so out of reach. Whenever you see it through the screens, but then when you meet the person when you meet the people and you're in person with them - and you can ask them all the questions, i just feel like everything just becomes more real and everything just it makes a lot More sense and i feel like for traders for a cause, i met lots of great people and in tim sykes i met you guys. I was inspired by all of the young traders. I met jack, so i think conferences are great, but i feel like meeting people is a lot more important than like the actual information, it's more about, like the network that you can get, and that was that was great for me, yeah, i think conferences is single-handedly The most uh impactful thing you can do as a trader as a beginner as an experienced trader, whatever stage you're in you go to the conference, you don't know what kind of conversation you're gon na have, or the type of people that you're going to talk to And that information that you're going to talk to them about that relationship that you're going to make you don't even know how much that is potentially going to affect you.

It's going to completely change your life and that's that's what happened to me. That's what's happened to mari and kyle, and all these other traders that i know you're one conversation away from being profitable and that's the truth of it. You're, not one dvd or one video lesson or one youtube, video being away from being profitable you're. One conversation in person of being uh profitable and that's my opinion.

Networking is single-handedly the the most valuable thing that you shouldn't take for granted or overlook that reminds me jack of like any and not even meeting new people, but you people, you already know so. Like me and jack, i mean: when do we you? I remember you first reached out to me because we were both around like 30k at the time, but it was in what was it november 2018. I think right right so so, and we didn't meet each other in person until that 2019 conference in september 2019 um. So almost like 10 months to a year, we had always talked online um, always understood each other's strategies like just understood each other's trainers but didn't meet until then um.

Looking back now, even even though we already you know quote, unquote, knew each other uh and then, but then actually meeting for the first time and like having conversations hanging pretty much hanging out with each other for three to four days straight um. I think that both took our trading to another level, because then 2020 happened don't 2020 started and i mean our strategy. I mean you made me a way better long trader um. I remember you telling me like me and huddy made you a way: better short trader.

Um and our strategy - and i think that's why, like i mean that's literally, why we now have a chat room together like it's. Just our strategies are so similar and we've balanced each other ideas off each other. So well, and i don't think that would have. I think the catalyst that started that was was literally us meeting um and now we can, i mean now, we've seen each other ever since, like trips here and there and whatever um but yeah.

I hope that nails in the head for everyone watching and listening like just the the conferences are so valuable um. It's really priceless. You really can't put a price on on the value and information that you're even putting yourself up to potentially receive going to like in person stuff like that. So um any last closing remarks for anybody other than listeners for you guys nope cool yeah, yeah um.

I just can't i'll i can talk about bitcoin, all i want, or so i'm not i'm gon na. You already know you already know my point. Go watch the beginning of this episode, like new highs at some point this year, um other than that guys, like. I said just like we also mentioned you know market's still still blowing.

You know we have some key events, but there hasn't been. You know a full sector coming out alive, just yet. No, no huge hot super, no otc since, like cei on the nasdaq um other than that guys. You know just hang in tight.

Keep staying, managing your wrist, sometimes don't even take a trade if nothing's there um, and we will see you guys next time see you guys next week later. I hope you guys enjoyed that video thanks so much for watching and being part of the stocks trade community. We wouldn't be here without you guys make sure you hit that like button and subscribe to the channel, if you have not already, our goal is to hit a hundred thousand subscribers by the end of the year, but we can't do it without you guys. So if you like what we're doing here - and you want to hear more - please please please hit that subscribe button and i'll see you guys on the next video.