Prop Firm CEO Reveals Funded Traders’ Winning Penny Stock Strategies

0:00 how I short penny stocks using our funded traders playbook. So, let's dive into it. Mike, it's all yours. Thanks so much, buddy. Uh, like always, I'm happy to be here and uh it's a great opportunity uh for me to just share the some of the experience that I got uh over the years and also um you know, let the others know about shorting penny stocks and the opportunity there. Um all righty. So we'll begin with that. I actually as mentioned I took on myself the challenge to really start shorting penny stocks uh for the last week right just for the challenge. I usually I've been trading for 17 years and and it's

0:45 usually large cap like Tesla, Amazon, Nvidia and such or um like maybe 10 years ago I used to trade mostly stocks in play. So I wanted to actually challenge myself and and take this this uh opportunity to just listen to our traders. Um as mentioned we are an online platform for stock traders. So a lot of our traders really enjoy trading penny stocks and shorting them. So I said to myself that would be a great uh webinar just to take the challenge, try it and then share the information that I um or the experience that I um enjoyed while doing this challenge and what I

1:33 learned from it. So I'll start um with a short uh intro. Like I said, been trading for 17 years, a little bit more um stocks and futures, mostly intraday. Uh today I'm I'm the CEO of trader poolool been um been in the education um field as well uh developing risk management um and also the head of the traders in a local shop here um um a few years ago and I developed also some trading automation tools for our traders basically. Um before I'll dive in let me get to know you a little bit. Tell me what are you trading? What do you like to trade? How long you've been doing it?

2:20 Share some information so I will know who's meet who's with me on the line. That will be nice to get to know each other and also uh it will help me while I'm uh going through the presentation to know if to go uh more deeper or to keep it more basic according to your understanding. So, uh, share with me on the chat or or the question, um, how long you've been doing that, how long you've been trading, what do you like to trade? Would love to see that. While you're doing that, I'll move forward. And basically, as I said, I took some of our top traders, for example, like Sabrina, William, Luke. Uh, you can watch those interviews with

3:06 all of our funded traders, traders that we give them capital to trade with. uh we're doing interviews just to understand what exactly are they doing and also um to share that on our YouTube channel so you guys can watch it and learn from it as well. So I took three of them that I really enjoyed uh interviewed and for example Sabrina she's mostly shorting penny stocks but she's doing it on um on a on a swing time uh timeline. So for example, she will hold the trade for two or three days and but she will start intraday to scale in and such. Uh William, a young kid

3:51 doing an amazing job. And uh also Luke that uh really enjoy finding the the right assets on those penny stocks according to the catalyst and use and from there um I found this rhythm. So I took those traders, I analyzed everything they uh do on a regular basis together with us and from there I started to apply basically or implement the their strategies their um way on risk management and everything around this. So that was the the main challenge here. Shorting penny stocks using only our funded trader strategies of course with real money and uh document documented

4:39 everything in order to understand what I did uh right and wrong. And I'm going to share at least one with you uh right now. Of course, if you have any questions, feel free to drop them in the chat and I'll stop along the way and answer some of them. So, basically, shorting penny stocks uh playbook and this is how they operate is looking for those setups either delusion plays um shorting them after financial announcement uh when the stock is actually more likely to drop uh pump and dump. This is a classic one. And I'm sure everyone is aware of that. Again, everything comes from the news and we will talk about that. Uh but a pump and dump will be more aggressive to

5:26 the upside and also to the downside after uh promotional activity from from the company. Uh technical breakouts. So that could be a place where the stock is popping up reaching a major key level and from there changing uh the direction. So focusing more of of the on the action, the price action and of course um some of them will wait um mostly swing traders that short in penny stocks will wait for the first red day. So they will look for a multi-day runners and then um look for the weakness and from there uh short it and hold it for a few good days. So these are all setups and ways to look at at

6:11 that when you short in a penny stock a small cap penny stock and this is how they operate. So I started by just analyzing it and understanding what they do. So uh the first thing that they do is scan of course for the uh setup and looking for the right asset to trade. um a lot of them are trading pre-market not just um regular trading hours. So they will look for through the scanners either through through our platforms or um or other platforms they will scan and look for those that gapping up on pre-market moving strongly to the upside going up by 100 200 300% and more. So,

6:58 so obviously that's the first thing that will do they will do and after that once they see that the stock is popping up they will go to the news and try to understand the catalyst behind it why the price is pushing higher. Now when it comes to penny stocks and the pop a lot of the times will be faster than the news. So you will see a very strong move to the upside. Um the news will wait a little bit until um you will see some um headlines in order to understand what happened there. But you can definitely or you should definitely watch those because this will tell you eventually you will learn it and and this will tell you that

7:44 um a news a news uh could be responsible for a pump and dump while a b news will be something to actually hold a little bit of weight before you shortening it. You probably saw it a lot for those of you trading stocks. Um, you probably saw it a lot when when a stock is popping up and then you think it's going to drop, it's dropping just a little bit and then popping up again and then do the uh drop. So a lot of the times if you understand the news correctly, you can basically execute uh better because you realize that some news will push the price super strong and there will be like three trends or three waves until

8:32 you will see the drop and some of them we will look at um the trades that I made in a second. Some of them will be just a quick pump and then all of a sudden the dump. So the catalyst and the news behind it is super important to understand. Um once you realize that you go to the volume and the price action and you analyze the chart probably the way that most of us um uh do we're looking for a major resistance level, major support level, supply, demand, etc. Uh we would look for weakness in the price action. So bars like uh green candles are getting weaker while the sellers are getting into position to start shorting the stock. Uh we would

9:19 look for um identifying in the risk. So where is my stop loss will be and then uh scaling in and out um of those stocks. All righty. So, here are here are uh four of my biggest wins that I put um just today and a few days ago that I traded uh D A XXI, VLCN, and SBAT. Let me know if you traded those as well. If someone here on the line that traded those in the last few days, let me know. It will be interesting. And each one of them um I wrote the play

10:06 or the catalyst behind it. Right? So for example, DE that was a classic pump and dump and the stock we will look at it in a second. The stock dropped from 10 all the way to two uh today and and the 70% uh profit or move was just in one day. um XXI XXI uh collaboration uh play and the second pump in the in a week VLCN technical breakout 2 hours 230% of gain and ASB although it's um it went from from a very small cap or or almost a penny stock it went all the way up and

10:53 and today uh it dropped very nicely viously so I took a short there as well and we will look at it uh now. So for example, VLCN. Okay. So VCN, the company basically announced um it's raising 500 million from private investors. And looking at the chart, you can see the entries and the exit. Basically, uh what I did is um shorted it here. As you can see, hopefully you could see it. I can mark it, I think. Let's see. Okay, so this is the entry and then those are

11:41 the exits. So, covering my short. Now, the idea, as you can see, it's a it's a pre-market move. Um, the hours are in my uh local time, but it's basically this is uh 4:00 a.m. Eastern. So, we're talking about two hours into the pre-market session. And what it did, it bounced from around $10. Tried to play it a little bit and then started to move rapidly. I did a few things. First of all, I took a short at first here and we will talk about it in a second. U some of the mistakes that I made as well. So at

12:28 first I took a short here and then when it popped I covered but when I saw that the price is um cannot break through a new high and then I started uh to short it again. So it popped dropped entered it popped again and then couldn't make it. So in that case it makes sense to me when it comes to looking at the price action that the price should decline. And in order to understand it better you can look at the at the movement of the candles that starting to pop right. You can see all the all the big candles that move the stocks higher one after another in most cases. And

13:14 this is something that I learned from them. In most cases, you won't see more than six up to seven uh push to the upside. In most cases, it will decline on those. But it's not enough. You're not just looking at the pups. You also want to see a major uh liquidity level. And if we will look at the chart in a second, I'll I'll bring out the chart. you will see that the area of $30 this area is actually a major liquidity level from the past. So you understand that the pop should be should decline here because of the major uh level the major level the price action. Uh we will look at the MACD the MACD indicator that showed that

14:01 uh divergence and all of those are showing us that the price might decline here. Of course, before talking about until, where, and how do I take my profit, we first need to understand how do I find the setup or what are the parameters that will help me decide if I'm going in. So, we'll go back here. Okay. So what I looked for is like I said the catalyst first how strong it is what is the momentum that comes from the catalyst from the news then um once the price reached a major level I'm looking for capitulation

14:48 volume increasing while breaking through the price while breaking through a new high the price action as we talked about major liquidity level around the $30 and the MAC did aversion Yeah, we can. Okay, let's look at it here. So, I'm going to uh VLCN. That would be easy to spot here. Before the major uh pop, that was a few minutes before the opening bell or an hour before the opening bell, there was this area of $30, right? I'll mark it and push it to the left. Extend it to

15:35 the left. I'm on a hourly chart right now. Just showing you first what we want to look for, which is the the major resistant level in that case. So going back all the way in order to find that uh place right the the area where a lot of the buyers were before. So you can see the pop here then here a little bit they tried to push it here resistance and this is basically the main area. Of course, when it comes to especially when it comes to stocks that are pushing super strong up or down, we won't look for just a specific point,

16:20 but it will be an area and it's around the $30. Once I saw that this is the area I'm looking for and this is the liquidity that sellers should get in, I started to look for um the other other parameters as mentioned. So, I'm going into the one minute chart, right? And that was it. The price pushed higher. This is what we just saw. The my entry was right here. I will zoom in just a little bit. So, you can see the volume increases as well. So, price pushed. I took the first short that I took was here and that was an okay one but I didn't reach the price

17:06 didn't reach the the full potential and the full exhaustion. So I took a short here but it didn't go all in not with full risk just because not all the parameters was were there. And this is also something that's super important to remember when when it comes to trading or finding the right setup. You want to have a few parameters and only when you have everything align then you realize that the chances for it to succeed are higher. Right? So in that case when I took the first short I was missing uh the liquidity level and then also the divergence in the MACD for example. But once it popped and reached that

17:51 liquidity, look at the volume which is incredibly high. And this is something that shows capitulation, right? And then u the pop here on the major resistance level. And look at the MACD, the MACD indicator that shows the opposite of what we're looking at at the chart, right? the price going up on the chart while the price declining on the MACD or the highs declining on the MACD. Once you see all of that and you understand and you already popped by 200% or so, you realize that the chances for it to drop are higher. So, I took that short from around here and then

18:37 covered as you saw on the chart. So this is basically what I would look for and this is what they looked for the our guys. So if they do that then I can definitely um I can definitely trade it as I saw there they are doing great. So this is V um VLCN. Uh second one was SBET that was also from today and you can see the same patterns over and over again. So price moved higher reached a certain point when it should decline because of the volume the capitulation price action major key level and then when it drop

19:24 you can start scale out from the position. Hopefully we will have enough time and we will talk about how to scale out correctly. Uh in this case we can also look at SBAT. So I'm on a one minute chart right and that was the when I shorted it. It's also uh was on pre-market. So roughly yeah like two hours three hours after the mark after the pre-market opened and sorry an hour and a half after the market opened and again it popped up very nicely from around 37 all the way to 43 and then when it reached a major

20:12 key level we will look at it in a second and volume started to increase at the top then that was the key for me uh to dive in. Again, in this situation, as you can see, there is no um diversion in the MACD. So, one of the parameters are out, meaning the setup is the quality of the setup is a little bit um less than the usual. But still, you can see the volume increasing at the top, meaning a lot of the buyers are coming in thinking that the price will continue to the upside. Sellers can come in and um can sell them or short on them, right? Uh price declined after that and

20:58 that was a major move to the downside. If I'm going to the hourly chart on SBAT, you can see that the it started to move roughly two weeks ago. Started to move from $9 all the way to 45. going back you can easily see the resistance the major level that should should have blocked the price from continuing higher right let's mark the area just so it will be easier to spot and that's basically it so you got the area here the support that became resistant we tried to push higher here as well that was another key level so if the price will up more. The next

21:45 resistant level should be the one that we just saw. Sorry, I'm not a great uh not a great painter. So, in that case, um you can easily understand that once the price reaches that after you did all of that and you dropping down to the one minute chart and you see the volume increasing, you can understand that it should decline. Of course, not all the time you will know that it's uh supposed to decline right at the price that you're looking at. Right? For example, in this case, although I didn't uh mark it um like on the dot, you can see that it did pop before played with it and only after it played a little bit more

22:30 then it started to drop. Right? So that was uh S bet. Another one that we can look at is D A R E. And if you uh look at the right side of the the presentation the slide you can see that the same concept the same parameters are going uh over you can see them over and over again. you're just changing the symbol but the idea of how to trade it remains the same and in this case D was a classic pump and dump phase three great result in most cases um phase three will be you know after everyone

23:17 already understand that the the stock should go up. So in that case you will see the drop right. Um again we have a a nice move to the upside coming from two or $3 popping up a few times trying to break to a new high right here trying to break to a new high then the volume increases. eye volume coming in once you at the top. Doesn't make sense that you will see so much volume coming in when you're on the when you're at the top of the break. In most cases, it will be just a manipulation. And once it's showing more weaknesses, then you go in addit a

24:02 little bit more and then covered uh along the along the drop. We'll see in a second. And I did a major mistake here and I'll show you in a second. But that was my uh key to get in or the parameters that I needed. Capitulation, volume, price action, major key level, MACD divergent. Let's look at that here on the charts. So first of all, going on a hourly chart going back a little bit or a little bit more. Uh let's see if I can Yeah, let's increase that. So going back already marked the level be from before let's take the daily and you can see the major level on at around $10 right it's super easy to spot

24:50 it's starting from here support another one another one and then the drop so it makes sense that if we will pop to this area and again in most cases I will I will mark an area like a triangle um rectangle So in this case uh it's between 988 10 a little bit higher than $10 but you can easily spot that this is the area it should drop from right and and this is also something very important that I saw that our traders uh uh do they are looking for that simple moves the the simple uh way to find those liquidity levels. Once you

25:35 understand that and once you see that it's much easier um to trade them because it's not complicated. You're not looking for a unique level that no one is watching. You actually want to trade something that a lot of the guys are watching because then you will get the reaction. So um one minute chart that I'm looking at again pre-market move a few yeah like 30 minutes 15 minutes before the opening bell pop to the top resistant another one here. Now you can say maybe you can short it from here or maybe from uh the second pop. What I missed in in this case and this is why I waited a little bit more. First of all, the the phase

26:22 three um news actually pushed the price very strongly to the upside and also there are no uh volume and no diversions in the MACD. So I actually wanted to wait just a little bit more. It popped again volume coming in. Look at the volume once the break is occurring. Right? A lot of the guys are actually looking to go long on this situation. And this is why big players are coming in and selling or shorting the top, right? Because many of us will know that, you know, you you need to have um a pattern or high volume when you're breaking. So a lot of the guys, new guys are looking to buy the

27:08 stock, but at the end of the day, when a lot of them are trying to buy, that's exactly the moment when smart money can get rid of the stocks or the shares or actually just going short. So high volume coming in at the top, resistant, and you got the MACD divergent. Price is declining on the MACD while it broke to a new high. same uh same situation as you can see it and it's occurring every day that that's incredible to see that every single day you will you will find those stocks. So it's also super easy once you understand the setup and what you're actually looking for. It's pretty uh simple to to spot

27:58 and going going for the last one xxi. So that's uh that's also a nice trade from uh from today. The stock is popping up many percentage up as you can see coming from around $5 all the way to 12 right and then you can see easily as as you just saw on the others you have the first pop that start the move another one and then on the third and fourth it's becoming weaker. So, of course, like always, we want to see a major key level volume. I will zoom in in a second and show you a volume coming in at this area when we're

28:43 at the top. Not not when we started the move, but actually when we reach the top, the major resistance level. And then if you got the MACD is always uh great to see as well. Another great indicator that will show you that the price should uh decline. So, let's uh have a look at that. XXI the report was on collaboration with tobacco companies. All righty. And I guess tobacco companies are not that great for for the stock. So it popped from like I said four four and a half. It was also in this case the resistance the major resistance level was actually a few days before. Look at

29:30 the pump here and then another drop. Same thing happened here. Pump reached the top new high on the $13 round number and then uh the drop. Zooming in, you can easily see the same concept, the same patterns that we just talked about, right? You have the pump, it broke this triangle, high volume coming in, has it breaking the $13. Couldn't do that. couldn't break through. A lot of the guys that are looking at it, especially new guys that coming in and trying to uh trade penny stocks because obviously it's super exciting and they can make 100% in a day. So, they buying when it's breaking the 13 and this is the classic

30:17 move for smart money to drop their shares or to go short in this case. uh volume coming in, very nice volume at the bottom. And then you can easily see also the MACD with the nice diversion dropping while price increasing or getting to a new high volume and everything we just talked about. And this is also um an an easy one to spot. It's always repeat itself. And this is the beauty of it. you can actually find even tomorrow from tomorrow you can actually find those stocks and and do your trades or at least try to

31:02 play with them. So these are the setups. Try to remember that. I'm sure if you will start watching it, it will make sense to you and after you just uh after what we just um talked about. So a few mistakes that I made and this is also something that they talked about the guys uh our funded traders that I interviewed they also talked about those things and I did the same mistakes so I want to share with you um because they are super important one is the mistake is not leaving a runner right and this is actually something that I've been talking with with my guys u a lot of the times and on my trading like a a regular trading I

31:50 will usually leave 20 to 10 to 20% of the position to continue to run because you will never know in advance if the stock should decline much more or um finish and continue to pop right after you took that short. So for example, we just saw XXI and if you're looking at uh the numbers here the prices. So I took that short at the top right around this area. But then my covers are here 10:15 1094. So around this area and look what it did after that. It went

32:35 all the way to the 650 area. So I left a lot of money on the table. Right? So in this case um we need to do one important thing and keep some of the position on. Of course, I I don't know, like I said, I don't know in advance that it will drop or maybe, you know, I covered and then it would go to a new high. But if the setup is super strong, like the entry setup is super strong, A+ you got all the parameters, the capitulation, volume, price action, major key level, MACD diversion, then the chances are you will see another U continuation. And this is not just a reversal but actually a new trend

33:24 that starts right. So when you have a key setup like a plus setup you want to leave some on the table a lot of the times when I'm looking at our traders um portfolio or traders um you know just performance I see that a lot of the times they could have made much more than exactly as I'm showing you right now. they could have made much more by just leaving like 10 15%. The reason most traders won't do that is just because they are too scared u to lose that trade or even if they took a profit they don't want to you know um make it smaller so um decrease the the profit so

34:09 in that case what I would recommend to do is just start by leaving 5% right at the beginning when you leave 5% on the table so let's say I took uh 2,000 shares Right. I can live instead of covering everything, I can live just even 100 chairs to run and let it show me over time. Let it show me that it's actually working and I should do that. Right? Once you are aware of that and once you prove yourself that most of the time it will drop or like 70% 60% and it makes sense on the risk side then you realize that and and your mind is set to actually increasing that. So instead of

34:55 5% after two uh three months that you're trading and leaving 5% to run you're increasing that you see that it makes sense you're increasing that to 10 makes sense increasing that to 15 20 and such. So that's just a a psychological aspect of teaching your brain to get used to the fact that the stocks should in most cases will decline more than what you took. Uh it's not an easy task at first, but because you are only leaving 5% at the beginning, it will be much easier for you to commit to those 5% instead of um you know leaving half of the profit. The worst case scenario, you lost on that 5% or or maybe you know just break

35:42 even. All righty, that was one mistake that I did uh today. Don't do that. Um second mistake, going in too soon. Okay. So, I showed you the the first trade that I took on uh VLCN. So, the second one was here and then I took the drop, but the first one was right here. And I did uh enter pretty soon. And like I said, the the major key level was here. And the diversion, the main diversion was also here. and also the volume, the diversion in the MACD and the volume. But I actually took that first trade right here and obviously I lost it. It bounced

36:28 uh strongly up. So going in, you want to go um you want to wait for that setup. And this is obviously something again hard to do because we are traders. We're looking for that next click on the mouse key. We want to uh trade. But if we are uh waiting for the right setup, the chances are obviously that the price the setup to work and and um eventually increase the success rate. What you can do is also that's also an hack um a trick that you can do if you're fast on the keyboard and actually cannot wait till that trade to get you the A+ setup and this is let's say a B+. what you can do is just take again a smaller size

37:17 instead of going all in. Right? So in this case and this is the basically the third mistake that I did on that trade which is going too heavy at the beginning. So I took um a thousand shares here stocks that is moving you know few hundred um few hundred%. So, I took a thousand shares here and that was too heavy. Instead, if I decided to go in on a let's say a B+ setup, right, what I should have done is take it a little bit slower and that way if it pops up against me, I can either add

38:02 more to the position because I'm within the um risk dollar that I'm willing to lose. Let's say I'm risking just throwing numbers. I'm risking 50. I'm willing to to lose 150 on a trade, right? And instead of risking 150 here, I can do 75. I can risk 75, let's say. And then when it's popping up, I will risk another 75 and then I'm good with my 150 loss. So either that or just cover the um at the stop at the top of the top of the range the high and then you're done with that trade waiting for the right setup here and then starting to execute again. So

38:49 once you doing that once you again start small and build the position you give yourself a lot more room to um to be wrong on your entry but still continue to hold that trade. um because you didn't risk the full amount that you were willing to lose uh at the beginning. Hopefully, it makes sense. I see you guys are writing. Uh keep them coming and I'll go over that hopefully if we'll have a chance. Okay, so these are the main mistakes that I did. um a lot of them are doing the same and and I'm sure um a lot of everyone here doing the same too. So try

39:35 to take those tricks and play with it instead of instead of coni convincing yourself that you got to stop doing the wrong thing. You actually need to prove your brain and train your brain so it will stop doing that, right? It's not zero to 100. You got to build it. So start by 10, 20, 30 and such. All righty. Okay. So we we are talking about like I said position sizing hard stop. Um and this is something that will break a little bit of myths but hard stop are out. So, a lot of the guys are putting stop losses in the system like a hard

40:22 stop and that could work for for some. For me, I actually prefer not to do so because I rather manage the trade and the risk so it will fit my style. So, as I mentioned before, you know, when you when you're looking at the chart or or as we talked about before here, if I'm entering that trade and I'm actually entering with a smaller size, I'm giving myself the opportunity that even if the price will pop up again against me, I'm still okay because I'm not risking the full uh the full amount, right? The full risk that I'm willing to take. And that's the main thing again for me. Maybe one guy will put his stop loss

41:08 here, enter here, right? Put his stop loss here and he's done after the pop. For me, it makes more sense. And what works for me for many, many year is basically taking here, if I'm taking a B+ is taking here 50% of the risk or even lower, depends on the setup, right? Risking only $50 out of the 100. And then when it's popping up here, it reaches $80 loss out of 100, which is great for me because I'm willing to lose that 100 and I'm only losing 80, right? So I'm okay because I entered with 50% or less than that.

41:54 All righty. So moving forward. Okay. So hard stop liquidity awareness. Of course, uh you want to find stocks that are actually moving that that you can see liquidity. The spreads will be a little bit tighter than uh than those that are not. And then the execution will be better. And the catalyst as um mentioned you got to find those catalyst that are actually making sense understanding them. And this is by the way not just for penny stocks. If you're trading maybe not large cap but if you're trading stocks in play, right? uh

42:41 stocks that are gapping up or down but they are midcap or so you know even large cap maybe not uh Nvidia and Tesla but other stocks that are popping up or down because of earnings because of uh new product layoff investigation whatever it is once you understand what is behind the catalyst what what's behind the news then you realize um how strong it should continue to pop or what are the chances for it to start dropping from here, right? Is it a pump and dump or a delusion? Is it something that could break through a new high and go to the next major key level or it will drop

43:27 from here? So, understanding the catalyst is super important if you're trading penny stocks, if you're trading um on stocks that are basically gapping up or down. So stocks in play. Okay. Lastly, try to adopt those techniques. Okay? Start small, master one setup. What I showed you uh today is literally one setup, right? It covers the pump and dump and the delusion and everything around it. But at the end, it's the same

44:12 setup. The push to the upside, looking for uh that stop, that resistant level, the liquidity that will stop the buyers from coming in, the catalyst behind it, uh make data reversion, volume coming in, price action that shows uh weakness and everything that we just talked about. And once you focus on one setup, it's much easier for you to become a master in it, right? You you learn, you develop it, you understand the nuances, and from there, it's easier to execute. And by the way, when you already understand, for example, let's uh I'm going back for XX II, right? So I shorted it here, right, when it popped. But you can

44:58 actually and this is a classic reversal but generally speaking so that was my short but generally speaking you might be a pullback guy right so you can look if you go to a higher time frame let's say let's try the let's try the five minutes even right on a higher time frame it's easier for you to spot the pullback after the drop. So that was the drop. It's pulling back. That was one key level that you can enter. And of course the second one, another pullback going into the support levels here and then the drop. So So it doesn't have to be a reversal, aggressive reversal when you really

45:45 catch the top. But actually once you understand that from here it should decline then you can start looking for those setups of u a trend following right so that that's the the idea behind it as well or or a break of that support level right okay so uh the setup obviously document everything trade uh you can use um any type of trading journal. Trader Sync is one of our uh good partners. You can use also uh trader uh view vue also a great partners of ours and just do the maximum

46:34 take get the maximum out of it when you actually tracking it and building your own uh unique way with tags and all the information you can add on top. And of course always better to trade with a community and in this case our funded traders community. Uh you guys can see us on uh Discord and live YouTube channel. Um we are very much uh out there and looking to support our traders and that will be the key uh for us. Um trader pool if you want to join us and try it. Trader pool is basically a limited risk trading. Meaning you can put

47:19 $50, $100 into the test. Once you trade and pass an evaluation, as we call it, a challenge, a test, you become a funded trader. Of course, there are rules, there are uh parameters that you need to um follow in order to do so. But once you understand the benefits, I mean, makes sense. If you're getting if you're paying $100, you're getting 25K to trade with. It just makes sense instead of, you know, doing it with a broker. Um, I'll go over some of the questions and if you guys have anything else, feel free to put them in the chat. Okay, Mike. Um

48:08 now I'm looking at V LCN once back side confirm. Okay. 500 shares. Nice. All righty. Amazing Mike. So you do that uh traded Nume. Let's look at that for a second. Anthony, do we have time? >> Uh, we are we're actually at time. >> At time. >> Yeah. So, um, can can you share the audience of um how they could get a hold of you and everything? >> For sure. So, guys, uh, if you want to check us out, go to traderpool.com.

48:56 And again, you can go to our website. We have uh you can send us an email helpraderpool.com um and check out our YouTube channel live trading room that we hosting every day. And if you go to here when you're going into traderpool.com go to tradingv we got tons of hours of live trading um funded traders interview. Uh you can learn a whole lot from them. the guys that actually made it um got paid and everything around it, the way they trade. So definitely check us out and and you can test us for 14 days. Uh you got a free trial, so feel free.

49:46 >> Thank you, Mike. Uh outstanding presentation. Uh the audience has has said how how great you are, so we appreciate you being here. Uh outstanding way to kick off the summit. Huge thanks to Michael for the detailed breakdown.