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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
All right, good morning everyone. Welcome back It is 8 30 Eastern Uh, you know guys. couple things as always. drop those tickers and questions in chat and uh man, just a couple great days.
uh Thursday and Friday in the daily Income trigger system. So uh Alex will um Alex will drop a link to what the Daily Income Traders system Uh, basically demo webinars. Uh, it's pretty cool. Six times a day starting, you know.
8 A.M all the way through 9 P.m Eastern Um, we we've actually basically demo Oracle Demo Risk Management Demo the system that allows us to find the stocks like Mlgo so on your screen. Mlgo on Friday Uh, this was the number one stock. Basically, we didn't talk about anything else I spent probably two hours going over one stock Mlgo entry at 577. this is in pre-market remember 577 stock hit the signal right about 9 45 I think it was like 946.
Uh Target Price of seven stop loss of 542. So actually four to one risk to reward. Um, all of these levels laid out by Oracle the entry, the target, the stop. Uh and then we talked and then and then again we always have a thesis.
It's never like one of the things that separates what I do from a lot of you know Educators or mentors is. You know it's not like hey, just buy this stock. Oh look look at the price action. Oh look at the stock moving.
Buy it. No, it's like we actually there's always got to be a why and the reason we look for a Y is the the better the why. the better the news, the better the hype. the better the stuck shorts.
Etc the higher the probability of success. Mlgo went to 9.99 Uh, so you know. Obviously the Target was far far, far too conservative. But at the end of the day, what we look to do is, you know, trade for consistently repeatable profits not aimed for home runs.
Now I know a lot of people that scaled out at seven and let some ride into the eights and nines. Very aggressive, but you know, especially if you have a bigger account you can scale in and out. So um, and really on Friday I Didn't talk about anything else like this was the only stock and then you go back to Thursday. Uh and remember guys, if you check out the daily income tax system you can get these emails.
You can get pre-market prep live every day you can get the Daily Double Down at noon live every day. Uh lifw. Listen I know it's only six cents a share so this is from Thursday Like you guys know, I'm not a huge fan of true penny stocks like like I'm not a big fan because you got to trade just so many shares for pennies, you know? But um, at the end of the day this was the best stock on Thursday Like Thursday was a lame day. remember uh Chairman Powell spoke on Wednesday and he basically ruined everything on Wednesday But at the end of the day lifw, it hit 24 cents again roughly the 945 window and it went to 30 cents plus And um, yes, this is two to one risk to reward.
But remember, that's another reason I'm not a big fan of true penny stocks. It's so much harder. It's very difficult to get the kind of risk and reward we can have on something like Mlgo. Mainly because remember, we're lacking short sellers. Okay, so at the end of the day, two to one risk to reward on two penny stocks Is Not a Bad Thing Hence another reason I'm not a big fan of them, but this was the best stock on Thursday by far. Predictable. Uh, and again, two hours of webinars was the only stock we talked about. Now back, one more point, You know again, back to Mlgo.
Cheap borrows, easy to short on Friday on on a Friday by the way. So that's why you can get the absolute ridiculous risk to reward. I mean I'm not saying anyone would have sold at 9.99 but just think about the potential. There's basically you know if you followed this trade plan, you had four to five dollars of upside on a stock with 30 cents of downside.
So that's why we love these setups. So all right, uh, let's get over to the notes. Um, Avtx failed runner on Friday Still hanging around nicely. Uh, lifw Same thesis as all week.
Literally all last week. this just keeps hanging around hanging around. um also on the weekend watch I Think that the you know we've talked about. this really reminds me of Ttoo an Axla um Bpts recipe for a uh Monday morning Runner low float former Runner Money Monday Press Release: Good volume.
a lot of boxes checked I Don't like that it's covered news you know I Mean to me, the coven news just doesn't really move stocks anymore. But we all know you know they air quotes. They are really, really, really pushing for season two of Covid. Okay, um, you know it's like it's like they they had a blockbuster win season one.
They want to come back strong. It's like it's like season two of Breaking Bad or something. So anyway, Bpts already did the buy and pre-selling pre. Let me look at that.
So what I'm talking about when we talk about that buy-in pre-selling pre. Um, it hit like where's my time stamp in the notes? 8 18 A.m So what's the significance? What am I talking about right there? 8 18 A.m broke. basically a quadruple top on the biggest volume candle of the day. So I would leave this alone.
Now the Buy in pre-selling Pre is initiated if you were there and you were ready for it. Well done. I Would leave it alone for now until 9 45 Why would I leave it alone until 9 45 Mainly because it's a coveted play. You know, like listen, if it was cancer if it was artificial intelligence um weed I mean I like like basically anything but covid.
but hey, it's got the it checks the boxes for a 945er. All right, let's hit some ques. so that's my main ideas. Uh, let's hit some questions.
Nwbo: Um, 800 shares traded? You know, like again. Matt I Love you and I love each and every one of you. And this is a nice chart. but I Jesus that's Matt This is a really, really nice chart.
Like that is a beautiful, beautiful chart. but I just I I can't give you a trade plan and a lot of people are probably throwing things at the screen right now because they know what I'm about to say. I can't give you a trade plan I'm an OTC and pre-market like you can't do it I can't do it. Why can't I do it? It's traded 800 shares. Otcs barely trade in pre-market Sometimes they'll have a little bit of liquidity, they barely trade in pre-market and they don't trade in after hours like like I can't I wish I could I wish I could. But how can I give you a trade plan on a stock that's uh, traded 800 of stock? Like you realize that, right? 800 shares of a one dollar stock? 800 worth of this stock have changed hands today. Um, always the same with Otcs. It's a beautiful chart.
So if you took the Uh, sell the gap uh morning Panic dip by uh afternoon OTC swizzle. It's been a while who's been around to remember the OTC rules. Always the same, always the same. Uh Cgc I mean weeds.
You'll remember guys. The thing with the weed stocks. My my opinion. As always, you don't have to agree.
You know this is a situation where I often say this is I I act as the mentor I act as the coach. You do not have to agree with me. but remember the thesis on the wheat stocks. It was the Senate Banking News Okay Um and we had a great run.
We had a great run in the wheat stocks for about what was it about 10 days. but now you know Congress has moved on. So I don't expect any progress in the Senate uh, marijuana banking news anytime soon. So now your thesis is gone now Cgc and ACB and I mean they could I'm not saying they can't run, it's just to me.
remember going back to the beginning when we talked about always having a why like like you increase your odds of success when you've got a stock with a reason for the move. I've said it six times, but in my opinion, all capitals we no longer have a weed stock thesis because of the incompetent idiots in Congress. So do what you want with the weed stocks. but I think you're lacking a why all the weeds don't a catalyst anymore in my opinion now.
I Always give my weight myself a way out. Okay listen. I can't predict the future if I would. If I could, that'd be nice, especially in stock trading.
Okay now I can't predict the future if if all of a sudden there is this Senate banking stuff comes back. There's some you know like I told the joke last week. The dumb joke I told last week was you know if. Listen if Joe Biden comes out smoking a joint and is like weed is legal everywhere.
Banking regulations gone, you know? Woohoo! puff puff pass. Okay, different story, different story. but until something changes, all I can do is look at the fact that the Senate banking thing is fizzled out and we no longer have a catalyst. Does that make sense? You know, hopefully that makes sense ACB Etc Arnez What do we got here? Oh, we got a one dollar cross play. What do we get? Oh, all right, thank you Jay Zach All right. Um, whoops. what do we got on the news here? Cancer All right, we got a low float. Let me double check the float I Want to be precise here I'm pretty sure this is low folk, but always double check your data.
Yep, Okay, so we got a low float money Monday Cancer PR on a former Runner any chat pumps in this or anything. Watch for the chat pumps. A lot of wanted guns. Damn.
Um I Feel like you gotta enforce the 945 on this? and I know people hate that. So listen. Top 945 Dipping Rip! Now allow me to explain one point before I End the webinar. Oh Ksep, By the way, keep an eye on it.
Tons of bag holders. but I don't know if you guys saw there's all these. they're they're pushing those robots hard in NYC So in New York City Anyway, um, the 945 rule. Okay, a lot of people have a love-hate relationship with it.
A lot of people love it because it keeps them out of trouble. And as a new Trader it's one of the biggest things you need to do. Like staying out of trouble. like making it through like your teenage years without getting arrested.
I Don't know if I've ever used this analogy. but but seriously, like, like you, you would like to see the crime stats and your odds of being a I got a guy if your odds of being a successful uh uh uh, valuable contributor to society are exponentially higher if you don't get arrested in high school now I Am not saying that is makes you a bad person. Okay, we all make mistakes, but staying out of trouble like now. You don't lose your scholarship.
Now you don't. You know your mentors give up on you because you got arrested for an armed robbery or something like like. your odds of success are so much better if you can stay out of trouble and trading is a lot like that. So staying out of bad you know losses that that you know that your account is huge So the 945 rule keeps you out of a lot of trouble.
But it also you miss a lot of plays. That's why people hate it. Okay, you will miss a lot of morning. Runners Enforcing the 945 rule.
but I will end on this point. What is your job As a new? Trader This is another one of the most hated. Tim Bowen Rules Okay, by far the most hated I Will end with this: Please write this down your job as A and seriously, write this down. Your job as a new Trader is not to make money.
Your job is to stay around long enough that you can learn how to trade and the money comes later one more time. Your job isn't to make money. If you're brand new, it's not. You can hate me.
You can close the webinar, whatever. Call me an idiot in the chat. I'm a big boy. It's not about Lambos today.
it's not about Yachts Today It's not about bottle service at the club today. What today is about is staying out of trouble learning how to trade so that you can make money later. And that's how I teach. That's how. I Mentor that's what I did you know I bro I broke even for three to four years when I got started. Okay so all right guys, have a great day. Check out the daily Income Trader system Alex will drop that link and we I'd hope to see you every single day. Um remember if you jump in there every single day 8 30 noon Bryce Two Eagles Live Matt Monaco goes live Caleb goes live.
It's an amazing We. You know it's there's nothing better out there. So check it out and we will see you next time.
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