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Filmed on 9/21/23, Bohen dives into Q&A to emphasize the significance of repeatable setups and learning from historical trades. Bohen shares his insights on how traders can benefit from tracking and reviewing past successful trades, enabling you to identify opportunities in today's volatile markets. He also discusses the importance of starting with small positions and gradually scaling up as traders gain experience. Furthermore, Bohen warns viewers about the dangers of falling for fear-mongering tactics and highlights the value of staying focused on learning and spotting the best stock setups. Whether you're a novice or seasoned trader, Bohen's expertise offers valuable lessons to improve your trading skills and navigate the ever-changing stock market landscape.
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Lfw. Man, Uh, so so far you know, obviously it's very early. it's 10:00 a.m. A lot can change but the play of the day by far and you know I bring it up because uh, you know.

Basically, if you were on premarket prep this morning, if you were on the daily Income Trader System webinars which check out the link below spent basically 99% of the morning going over this one and keep in mind what we do is we use past chart history. Uh, we use the Oracle algorithm. We use all of these tools to identify you know repeatable setups and you know my notes. You see the notes there.

So this is an alert that I send out in premarket every day to members of The Daily Income Traer System Uh you. there'll be a link somewhere you can check it out probably below. Um, and every day we do tours of the system. Check it out.

Anyway, the point is, the notes were it worked yesterday. Like like yesterday. Lfw was the best play of the day by far. you know, pretty shaky day.

Yesterday Oracle had a 17 C signal yesterday. Uh, yesterday it went from 17 to 27. Um, you know like a 70 80% move yesterday and the point on the webinar was I was just like listen, if it worked yesterday, why not just do the same thing today and I Know that may seem like a massive oversimplification, but like right now, what is working is you know these true penny stocks that are evidently and and we talked about this a lot on the morning webinar. evidently these people are starting to short these like I Know we often talked about the fact that people don't like to short true pennies.

but I think Ttoo has changed that. I mean Tto is Tto has been up for 4 months now. Again, a true penny stock still up 4 months later. AXA was a perfect example of that.

Now Axla did the reverse split. If you look at the chart history, look at pre- reverse split. That thing was one of the best short squeeze day trade stocks for weeks, weeks and weeks. over and over and over again.

and um, then they did the reverse split. It was over. But um, and then you think of Nvos another one. There's been so many of these and I think Lfw is that.

And keep in mind, Lfw started running last Friday I mean a week ago? I mean this is rare. Okay, well I I Let me rephrase: I think it used to be rare like it used to be rare that? um that. but this is the theme and the reason. I Spent 99% of a 2our webinar and was able to give the entries targets, stop Losses goals.

The entire thesis was basically just by going over exactly what happened yesterday. It was a complete repeat of yesterday. So um and you know that it's really true that it's just being a student of you know of of History like I think one of the most powerful things that you can do to change your trading is simply show up every day now. Doesn't mean you can necessarily trade every day like when I was getting started.

so when I got started I had a business okay I had toddlers okay when I got started 056 you know my son was a toddler, my daughter was a baby I still had the business, still had a lot going on so there were a lot of days I couldn't trade I just couldn't like go back like like a lot of you think well why couldn't you well cuz you I mean you're sitting here maybe watching this video on an iPhone with you know gigabit internet. Okay okay go back to 0506 I had a Blackberry we had kind of 3G at that point the apps weren't out there so it was like listen once I started the day once I went to the to the to the business once I started going like listen I couldn't I couldn't trade through the day but you know what? I did every day I still tracked the big gainers of the day, wrote down what the news was put out key level on the chart then I what I would do is I'd come back at night or the next morning and I would review like if I thought like like let's say my notes were that I think if Lfw breaks 24 a dip and rip I think that there's good probability that this spikes six cents a share with three cents of risk. Now that's two to one risk of reward. Some of you may call me out on that.
These are true penny stocks. Okay, remember, with true penny stocks, the risk of reward gets a little skewed. You can't aim for the home runs. you got to dial back your risk of reward.

But the point is back then 15 years ago I would come back and I'd be like oh, check it out. This thing broke 24 a dip and rip the high of the day and immediately spiked to 30 cents. Wow, it did exactly what it did yesterday. Exactly like I what? I thought it was going to do and it's trading.

You know what's the volume? You know, 180 million shares at 10:00 a.m. yesterday. Very similar. So the point is, guys show up every day, do the work.

Grind, grind, grind, grind, grind. Okay, and even if you can't trade, you can still be learning. You can still be figuring things out. When is a position size too big to trade the diping rips in morning trade? Jay Like listen Jay The number one dip and rip today is Lfw now.

I Know it's a true penny stock, but this thing is trading a 180 million shares right now. now. Listen, if you're a billionaire, okay, if you're trying to trade a 100 million dollars of Lfw, well it's not going to work. But listen.

Jay I would for the foreseeable future I Would not be at all concerned with your side now. listen Jay If and this is something I Listen, if you're trading, you know, half a million dollars? You know? let me know and we can talk about some different strategies. Okay, but you're until you get to the point where you're trading Absolute absolute massive size. This thing again.

Yesterday, Lfw traded how many shares it trade yesterday. it traded F Freaking, you know, 516 million shares yesterday. Okay, you're not going to outgrow these anytime soon. Ray Quinn Said made a 100 bucks on Lfw yesterday and today great J Ray I Love it.

So Ray made a nice, reasonable 100 bucks both days. Now some of you might scoff at that, but remember, what's great about Lfw is the repetition. What? I Love about what? Ray Did He traded the same stock both days and made you know1 bucks. Now again, stock trading is full of ungrateful, hateful, nasty little bastards.
Okay, that is 90% of people in this industry. so probably 90% of the hateful, nasty little basement dwelling bastards will scoff at a 100 bucks a day. But you know what? He did it on a repeatable setup in a matter of minutes and he can scale up over time. Is he going to change his life with a 100 bucks? No.

Is he going to retire with a 100 bucks? No. Is he going to buy a Lambo with 100 bucks? No. But you know what he did. He traded the same stock which was and and this is the point.

The best stock backto back days. The best stock and he traded successfully. That's what matters. The 100 bucks is nice, but learning is more important cuz you know what? He can repeat that.

Six months from now, a year from now, 5 years from now and he's now learned more and he can trade bigger size. By the way, Avgr. Impressive. Um, man.

if this thing. Listen Avgr. This thing has been an epic squeeze all week. This thing breaks.

This thing goes green again. whether it be today or tomorrow. Wow. We got something special.

Yeah again. Jay $100,000 position size. No. no problem.

Now again. Jay You got to remember you got to be trading liquid stocks. Okay, I mean again. look at Avgr this week.

Okay, so Avgr is a good example. Monday It traded 42 million shares on Monday with a median price of six bucks. That's like what is that? That's that's three I'm too stupid. That's that's $250 million in stock that it trade.

So dollar volume on Monday Roughly 250 million if we call the average price on Tuesday 10 bucks on Tuesday it traded 42 million. Half a billion dollars of shares changed hands on Tuesday If we call the median price on Wednesday 12 bucks, it still traded 25 million. So so again, 400 million is in dollar value. You can trade $100,000 worth of dollar volume on that.

So even today, not bad volume. Man, green every day shorts are stuck. Lot of red out there. So guys, we need to talk about this.

So today is September 21st. it's Thursday Um, listen, very shaky out there after the J Powell announcement yesterday and today now. listen, this is What Separates Me from the fearmongers. Okay, and I'm going to end on this point.

Yes, it was shaky yesterday afternoon. Yes, it was shaky this morning. But if you trade the right stocks like L Ifw and if Avgr goes, listen, if you trade the right stocks, it doesn't matter. Okay, like get this market crash crap out of your head.

Okay, it's not happening anytime soon. Two red days is not a market crash. and if you listen to that Hyperbole and the fear-mongering from the mainstream media and not and listen, you see it a lot on Twitter Okay, remember it's called are you guys familiar with the term engagement Farming. Okay, so the reason you see when you got a red day? The reason you see so many Twitter people with like big followings yapping about the end of the world? It's called engagement farming.
They're they're manipulating you to like and retweet their posts so that they can grow their following. blah blah blah. Okay, so just don't fall for the Trap it and it Listen, It's the same thing that the mainstream media does. CNBC is going to have their markets in turmoil special tonight.

Oh, Market's in turmoil and then tomorrow we're going to be green and then Monday we're going to be green green and 2 weeks ago we're going to be right back to where we were. Okay, so the point is, what they want to do is they want to scare you away from the markets so that you don't trade the best setups of the day like Lfw. Remember they're hateful. They want you to fail.

Okay the the the the majority of anyone in the media or on social media they want you to fail because they're horrible, horrible people I Want listen and you've heard me say it a million times. I would I I honestly mean this I Hope that someday all 8 billion people on the planet are healthy, wealthy and wise as my boy Benjamin Franklin would say because of stock trading What Separates Me From all these other people is I truly truly believe in you and want you to be successful. So I don't make up I don't engagement Farm I Don't make up fear mongering stuff. What I do is I show up every day and give you the tools to spot the best stock like LW And if that's attractive to you, check out the daily income treasure system.

You can join me every day.

By Stock Chat

where the coffee is hot and so is the chat

5 thoughts on “What to do as the market crashes”
  1. Avataaar/Circle Created with python_avatars Kruzzer Beats says:

    Basement dwellers 👻

  2. Avataaar/Circle Created with python_avatars Daniel Arguelles says:

    Thank you Tim! You are a great teacher! (and please take Sykes out hunting when you can)

  3. Avataaar/Circle Created with python_avatars Mark Jordan says:

    Thank you, Tim, for taking care of the little man b/c that's where the dream starts!!! You are awesome for putting up w us premarket prep and the double down. 😊

  4. Avataaar/Circle Created with python_avatars A Man Has No Name says:

    Do NOT listen to the naysayers .. Don't Be Afraid .. You've Been Here Before .. This is what you've trained and prepared for .. Act with Precision and Confidence .. YOU GOT THIS !!

  5. Avataaar/Circle Created with python_avatars Nghia Ly says:

    ✌️✌️✌️

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