Today we will look at the various options available for propulsion systems on an airship. So this presentation has been made with some inputs by an intern called Agnit Mukhopadhyay who had come over to LTA lab. So first a question about what exactly is propulsion? Can somebody help me start the discussion Pratik? What is propulsion? Something that helps you propel is using the same word and what is meant by propelling? Yes? Thrust providing. So you have got a new word called thrust, simpler language. You answer in a way that there is no need for me to ask you further questions. Simple language. Can't you simplify this further? That's exactly the point. Propulsion basically is some way of creating force and the purpose of this force is it should result in this booty body moving. It could be forward, it could be backwards, okay. It could be upwards and even downwards. For downward motion you might use gravity itself but propulsion need not be overcoming gravity. Propulsion overcomes a drag. So any means of producing a force by which a body can move forward. So then there are two sub-elements. One is that you necessarily have to produce a force and that force has to overcome the energy of the body or the resistance offered by the body and allow the body to move forward, move ahead. Now as far as airships are concerned what is the relevance of propulsion? This is very simple. Basically by providing a source of propulsion you can give direction to a body, you can take it to a particular direction or allow it to move in a direction but you can also use it to give it some stability because it is a force and that force can also be used to give some stability. So can you give me an example of how a propulsive force can be used to give stability or control to an airship. So I will once again come back and ask you what is meant by stability? I think we have discussed this in the class, right? So if you understand the meaning of stability, it could be static or dynamic. We are not differentiating now. Then if you are able to give stability or if you know what is meant by stability then how can you use a propulsive device to give stability? So you can use it to overcome the moments or the imbalanced moments but the principal function of propulsion will always remain to provide the propulsive force. So let us look at the various types of propulsion systems which have been used on airships. We will go back into history slightly as we always do and then we will quickly move forward to the current and then I will project to use some things about the future. The simplest mechanism of providing propulsive force to an airship is to use a propeller or an air screw as it is called. So what is the working principle of a propeller? How does a propeller work or how does it give you the forward, the propulsive force? Let us see if somebody can start the discussion, very good.  So very good. The blade is designed in such a fashion that it sucks air and throws it back and therefore across the propeller there is a change in momentum. So if it throws air backwards, the air throws it forward by the Newton's third law so it will create propulsive force. Now let us get little bit deeper. So obviously our aim would be to arrive at the largest possible propulsive force for the minimum possible fuel consumption or energy consumption, correct? You will size a propeller or a propulsive system. In such a way that you are able to generate the required amount of force with least amount of consumption of fuel, am I right? Everybody agrees? In other words, you need to have a very efficient conversion. And one important parameter would be the efficiency of the power plant. So you can call it as power input and power output to the power plant. And then the next thing is this energy which the power plant is generating, we need to extract it using the propeller. So you may have a very efficient engine but the propeller may be very poor or very inefficient therefore you will get less power. A large amount of power that the engine generates may not be usable by you, it will be lost. So there is a mechanical efficiency or propulsive efficiency of the system and then there is the efficiency of the propeller. So let us first look at only the propeller. So I want you to tell me what aspects of the propeller can improve its propulsive efficiency but only propeller right now. One answer we already got is the shape of the blades, shape of the blades, that is the AFL cross section of the blades. What are the other parameters about the propeller that improve its efficiency, yes please? Weight of the propeller. So what do you want it to be, you want it to be lower or high? But how does the weight on the, like it depends on the requirement he says. So I am talking about the propulsive efficiency of the propeller. How will the weight play a role in that? If I make the propeller 2 kilograms lighter, will it affect the propulsive efficiency? It may affect the aircraft weight. Agreed, it will reduce the aircraft weight, that will reduce the engine weight, that may reduce the thrust required but that is a third other effect. If the blade is too light, then it will also take length, it will not affect the aircraft weight. Okay, structural. Okay, well agreed, very nice. If the blade is very light, then it will start deforming under the loads and that will reduce its efficiency, okay. So rigidity of the blade should be sufficient so that it can withstand the forces acting on it, agreed? Any other thing about the propeller? Yes. Diameter, pitch and material. So one is the blade shape, the other is the diameter. So should diameter be more or less? No, we are doing it for a given power plant. Now I am saying here is a power plant attached to it a propeller. Will you go for high dia or lower dia for propulsive efficiency? Does diameter affect propulsive efficiency? Some people are saying no. See these are very basic questions about aerospace propulsion, very basic issues about aerospace propulsion. So I would encourage you to go and read about it. I do not wish to spend too much time here in teaching basic propulsion but I just want to sum up by saying that propeller diameter, propeller RPM, propeller blade angles and the angle variation along the span as you can see in these two propellers. They are all going to affect the propulsive efficiency but with the best possible design what is the maximum eta p that you can expect to get? What do you think? 0.7 to 0.8 is a very reasonable limit. By very careful design you may even go up to 0.9 in some cases but rarely beyond that and difficult to sustain it beyond that. So let look at some historical information. The first airship that flew with a propulsive device was by Henry Gifford and that airship used a steam engine, 2.2 kilowatt steam engine. So why did it use a steam engine? Because steam engines were the only reliable source of propulsive force available at that time. But very heavy, they are very heavy for airship applications but still Henry Gifford managed to fly an airship so you can see it is a nice simple tapered envelope and suspended below that is the gondola where he is standing with some control lever and a propeller. Even the propeller is also a flat plate kind of a thing with an angle, it is not a contoured propeller it is a flat plate kind of a thing with an angle and you can notice that there is a long exhaust pipe so that the steam can go below. So that the steam does not start creating problems to the person flying it. We will see little bit more about steam and there is a very interesting experiment about which I will talk to you. So this is the history. Interestingly contrary to popular belief the use of electrical motors on airships was attempted before the use of IC engines and this is something which is not very commonly known. So there were two French brothers and they made the first electric airship but as you can see there are these two big buckets lying here, these two huge buckets. What are these meant for? No, I thought they are the batteries that is a ballast, that is a ballast. Remember we need to carry disposable ballast for buoyancy control. So these are water buckets containing ballast and one of them contains fuel and the batteries are here, these huge racks, they are the batteries. And you can see we have one jogger sitting here setting all the connections, electrician and then there are the two brothers and this is the electrical motor with a huge propeller with a kind of a pulley or wheel drive. So the first attempt to use other than steam was electrical on airships and then the first person to fly an airship with the IC engine was the Brazilian Alberto Santos Dumont. He also has a record, he has 2-3 records, first record that he has is the first person to encircle the Eiffel tower using an airship, so a demonstration of controllability of the airships. At that time aircraft were struggling to fly around the Eiffel tower because the maneuverability needed was much larger or better than what aircraft could actually offer at that point of time. So he said look we have a more maneuverable system called as an airship which can fly around the Eiffel tower. It sounds so silly now an airship is more maneuverable than an aircraft at that time. So but he was the first person and to make it very maneuverable he went for a very lightweight engine and that was the IC engine. So the user IC engines with this particular historical airship it became almost a standard after this. So people did attempt other systems but IC engines became propulsion of choice. So broadly speaking if you leave out some unconventional engines which we will talk today, steam engine, electrical engine and IC engine are the 3 basic types of engines which have been attempted on airships.


Hey guys. What's going on, bro? Chillin. Sound like you're running a playground over there. You got some kids in the background. What's up, guys? What's up, dude? Sorry, bro. I was looking at some VR headsets.  Oh, no. You're joining the metaverse, huh? I'm going to the metaverse, bro. There's nothing you can do about it. Are you going to spend 100 grand on buy property there?  Alex is going to have a Minecraft house.   So VR poor. Alex, let me be your real estate agent real quick. Yeah, so who's going to sell me my first metaverse house? Yo, look how I get you, dog. This looks pretty good. All right, what are we going to talk about today, Tosh? Dude, we are talking about how you made $174,000 trading, OCGN, and other setups. Man, let's talk about it. Yeah, bro. So let me actually pull up. If you go to our video library, Tosh, go into our video library and go to the search bar and type in sell the news. Sell the news. Thank you, news. Dude, check this out. So people could see the videos that we have on this specific topic. So if you look at this, guys, we have five videos on sell the news. And the DATS one was actually two weeks ago. So two weeks ago, this exact same setup showed up with the same style of stock, sell the news on first red day. And we made a video on it. So if you were here two weeks ago and you watched that video, chances are you probably made money today. Well, and the funny part is, Alex, two weeks ago, you're actually on this webinar again, talking about this, saying the next one, you all better be ready. Well, I hope you guys were. Yeah, exactly. And that's the main thing, guys. And even if you missed that video, even if you missed that, Bao has a video literally in there, the Trading Fish Academy, the UAVS and CAPR, sell the news setup. So we have subjects and we have topics on every single video in the day training world. And that is kind of what separates us from everyone else. Everyone else doesn't have a video library that you could search. Everyone else doesn't have categorized and organized videos. You find whatever your weakness is in the training world and you come to our video library and you will have everything that you need to find success. Can I type in wear a Lambo and give videos on that? I don't know. I don't think we have a video on wear a Lambo. But that's the point, guys. The point is the main thing that I want you guys to understand is these setups don't come often, where two things like a sell the news and a first red day come together. They maybe happen once or twice a year.  Go figure, right? Go figure. But the point is that we had the education out there that if you did join and if you did watch, you were probably 100% prepared for today. And Tosh, if you want to go and actually, let me share my chart so you could see exactly what I did and we could kind of review it. Yeah, but here, let me actually read what you started on the watches. I already read it, but let me read it one more time. Alex said on the watches, guys, today this was literally pre-planned pre-market before anything. What time was that, Tosh? Well, that was 5.58 my time. That's 8.58 AM, 32 minutes before the market opened. Yeah, correct. So that's like right here. Like, dude, that's so sick. And he put shorted some pre-market, looking to scale into if this goes red, starters only until it's red. And then we'll go ahead and what I do, guys, pre-market is let's say I want to use just throwing a number out there. Let's say I'm using 1000 shares, right?   I covered on the first dip to give myself padding, to give myself cushion, to give myself money, so that when it does bounce, I'm ready to get in there and everything was kind of pre-planned and called out. Correct. So if you guys notice right here, I'm kind of trying to draw it exactly like his chart just so you guys get an idea. Dude, the first one was right here. Look at what happens here when it slams red. And Alex, do you want to talk about like a little bit of the psychology of what that means when it slams red? Like why you started exactly right there? Yeah, so our setup guys, this is a setup that Bao has been using since the OTC days. It is called the first red day setup. And this is something that we've refined together that we have realized is a super, super, super powerful setup, right? And the reason why it is a powerful setup is because when a stock goes from green to red, the sentiment changes, long start to get nervous, short start to get comfortable, and it turns into a dominoing and cascade effect of profiting.  So whoever was long, there's probably chances are when it goes red, they're gonna start to take a little bit of profits. And today on top of it, there was data. On a lot of these pharmaceutical companies guys, they run up, run up, run up into data. And then when the data comes out good or bad, they sell off. Yeah, I mean, the most layman's terms, and I've said this a couple of times, but I'll just say it again guys, it's like, look, the biggest thing that could have ever happened for Dogecoin was Elon Musk going on Tesla at the time he was pumping it, right? For all the 17 year olds who are trying to understand this, he goes on SNL Saturday Night Live and Dogecoin started tanking. It doesn't matter if it's good news. It doesn't matter if it's bad news or when a major event happens, everybody just, history repeats a million times. Because the thing is guys, just to keep it even more simple, there's no more catalysts. The catalyst is over. After the news comes out, after the data comes out, after whatever happens, the catalyst is over. There is no more reason for the stock to be pumped. And that is where you get an edge, right? So you had two setups lined up together in this specific scenario. And I mean, thank God not going to, exactly worked out to the plan. Well, Alex, it's like, you know what it's like, the first red day, it's kind of like anticipation of like seeing the movie, right? It's like, say like, we're so excited for like Boba Fett's new series to come out. Do the anticipation, the anticipation, it's like hype every single day until it comes out. And say you binge watching in one day, it's over. There's, it's like, it's not looking forward to it again. It's over. Like that's what these are. Is so when the anticipation is over guys, because in the anticipation, you get that grind up, you get day after day, up, up, up, up, because everybody's anticipating, they're excited for an event. But once the events here, and you've watched the movie or the show that just came out, there's no more upside. Like that's the whole thing.  So keep it simple, guys. Keep it simple.  And Alex, I mean, let's, let's even go a step further because the two things that you said, like sell the news and first red date, look, I love.  Not only does it break red. I mean, this was like a triple whammy in my opinion, man, seriously. This is- Tosh, can you see if Bow is muted? Cause I don't think anyone can hear him. Oh, hold on one sec. Do I see anything? Okay. I promoted him to panelist. He's definitely not muted. His mic came out. Here, Bow, I'll make you host if you want. Hear me? Oh, I hear you. Yep, can now, buddy. Okay, okay. Yeah, so we take a look at the OCGN chart, which I've posted, guys.  Like rent up almost like 100%, right? Yep. And so that's the big indicator right there. So the movement has already been priced in. And so that's the same thing for everything else, guys. So if the callus, it's basically how much the move already been priced in or not. If this thing was flat and the news came out, it would have popped it up. So you have to take a look at how far it rent up first before you automatically just start shorting for no reason. Guys, one of my favorite tips there to kind of coincide with that, is always have one of your settings be a 15 or a 30 day chart to see where it came from. If you're always just looking at the current day, you're gonna miss out on what it did the previous day or if this is what we're talking about.  There's room to come down. So the thing is this, so you have to take a look also when the news come out. Like when the news comes out, it's already been anticipated, that type of news. It needs to have some sort of blow out news that no one even anticipated for it to be sustained. Hell yeah, I did. Exactly, and they gotta do something crazy. I think this news was that their COVID drug is gonna be accepted in the USA, but Moderna and Pfizer already have the monopoly there, you know what I'm saying? So it's not really a big edge for this company. Seriously. So yeah guys, I mean like there's really not much to explain. Which one was it last week, Alex? No, there was the same exact same one. DATS. It was DATS though. Remember they had a news of barstool sports and they- Yup, right there, it's not real. Exactly, we made money on that too. We saw how that the news came out and it was bad news. They paid barstool. Nothing other than that. The news on this one was that they paid barstool sports, $3 million to promote them, not the other way around.  Alex, it was this day, right? 10, 13? I think it was that day, yeah. Dude, like this is the same setup, guys. You have to understand, bro. Yeah, I think Josh, Ed was 1550 if you look at it.  Dude, we're not magicians.  This is just as simple as sell the news and slam red and you now have a massive short edge. Like it's not rocket science. And guys, these setups don't happen every day. I see people saying, oh, is this the first red day? I look at the chart. It's been green for only one day. A first red day needs multiple, multiple green days in a row before it comes down.  If you look at a stock like PTPI, tomorrow is not a first red day on that. You know what I'm saying? Like I'll draw it out. These are days, guys. Day one, day two, this was day five, bro. That's a first red day. Alex, what was the one you were just saying? PTPI today. That doesn't mean that tomorrow it's a first red day. If I go to the daily chart. Yep, guys, I'm on a 30 day chart right now. This is why I said look at a 30 day chart. Has it done anything these past 30 days? No, nothing. Well, go to the daily, bro, go to the daily. Keep it simple. What's that? One year, one day, right? I had one green day, guys. I had one green day. That doesn't mean it's a first red day. That's the low hanging fruit strategy. If it's just like broken down the next day, guys. Correct. So don't be saying that these charts, just because they're green for one day and they extend it for one day, they're a first red day. Yeah. Alex, wasn't yesterday a first red day on OCGN? It was because it reclaimed yesterday. It went red and came right back. And today we had a forward looking event. So I think a lot of people tried to anticipate it and they got squeezed the hell out. Yep. Not to mention though, Alex, even yesterday you still could have made money if you nail and bailed and not just waited until you... If you nail and bailed it, yes. I just wasn't paying attention to it. So yes, you could have made money, but for me, I was waiting for that news catalyst because this is so hyped up for it. Alex, let me just ask you a question for the members because sometimes they don't know what to ask is do you think the best first red day possible is always when it has a sell the news? Do I? It's not always the best. It just adds to it. This is a very rare thing, guys. This is a very rare thing that happens. Correct.  Sell the news is an awesome setup by itself. Exactly. When you couple it in with another setup on top, that's huge. That's what we call coupling factors. That's why today was so powerful. Correct. So, and guys, the first red day setup maybe comes along once every quarter, I'd say, or once every other month. A sell the news and a first red day setup comes along maybe once a year, maybe twice a year. It just so happened that this year, it happened in between two weeks.   So the news came out, this spiked up. So amateur guys are chasing this. That's what they want. Amateur shorts who have been dying have been squeezed out as well. Yeah, definitely. Exactly guys, exactly. And knowing what stocks to are on first red day, high likelihood it means you should not be buying those stocks. I think this applies to everything. But you have to be careful. Large caps, they are institutionally supported. Yeah, there's way too much big money. It used to work easier on large caps in the past guys, but there's too much big hedge fund, mutual fund money behind these stocks that they will support it whatever way they got to do to make sure that they don't lose money. So it works better on these scam and manipulated companies. Yeah, take a look at OCGN, it's only 28% institutionally owned. You try to slam Tesla, you're close. Yeah, seriously. And especially in small caps when each new day is something else to look at, right? Like there's always a shiny new object. So it's like moving on to the next one to the next one. Guys, any questions on maybe Alex today and OCGN now that we have Alex, like, like, did he answer it? Like, do you have any questions upon that? A lot of members, bro, followed the watch list and did wonderful. If you just keep it simple. I'm gonna show the watch list statistic that I was posted today. Oh, yeah, yeah. So let me, I'll post it in the webinar channel, I'll just give you one sec to find out. So one last comment on the first red day and the selling news. So the first red day is a technical sell, but the sale of the news is a callous sell. So that's the reason why selling news, in my opinion, is a bigger, better indicator that will tank than just the first red day. Because if you take a look at yesterday, it was a fake first red day. This stock has been running up on the callous of the COVID vaccine stuff. So the information has not been released out yet, right?  Yep, nail and bail. Seriously, like, this isn't nail and bail, even that. Yeah, let's talk about the watch list there. Yes, yes, yes. So final, so Girls Trade 2, guys, this is one of our moderators, her name is Nancy. She does a little bit of data tracking on the watch list every single month.  So this is the new one. The final results are in for October, 2021, watch list statistics. I added to my previous month's reports to include the percentage that actually when it hits the line. So this is when Alex does something in the watch list and he says like, this is the plan. I want this line in this. When it hits the line, these are what the statistics are. And also ran stats to consider only ones that worked before zombie hour. New to the reports of the following, the percentage that actually hit the line.  The watch list, if you click that first picture, the watch list has, my watch list has the 88.5% chance of working and 89% of those setups work before zombie hours. And all those risk ratios are included as well, guys. So if you literally stick to the watch list and walk away at zombie times, there is an 88.5% chance you make money.  Like we're not saying follow us, but holy shit, use this as a guide.   I don't understand how if you could be an MIC, you don't look at the watch list, man. Well, Alex, I said it this morning.  Like it's that simple. It's that, like we don't mean to boast, but my God, man, it's in the percentage. Yep. It's just OPP. Yo, Tosh, you want to bring on OP trader?  Is he available? No, OP, what's up, man? Are you, are you here? I don't, I don't, I don't even think he knows why he's here. Yeah, I see. Tosh, you want to bring him on as if he has a microphone or something. Hell yeah. Let me, let me try, man. Hold on, hold on, hold on. Olivia, hold on, buddy. Let me try. So you remember Olivia, I brought him in on the previous week's Instagram Live? Yeah. So make sure you watch that episode too. That was a pretty good one.  OP, what's up, dude? Can you hear me? Yeah. Oh wait, the podcast, guys. Let me post the podcast. So you guys don't want to watch the podcast, right? That's where you first saw who he is on the podcast. So hey, brother, introduce yourself. Yeah, well, I'm Olivier and have been trading for like on and off six years, but if I might see like 11 months or so. Where do you live right now? I mean, I'm in the U.S. I'm on the East Coast. You sound French, are you from France? Yeah. Nah, but I'm from the Caribbean, but where I'm from, they do speak French. Not too much. I literally pictured you in like a Parisian cafe right now, man. Just like... Nah, man. So I've been following and tracking Olivier for a long time now and I've seen his progress and he's phenomenal. And he's a great guy too, so that's why I had him do the podcast to see how, you know, so people can interview you and to get to know you because we wanted to promote you, brother. I mean, I see you. You're a great guy and we would like nothing more than for you to help other members within MIC. So I actually wanted to try to set this up for a while. And then today, I guess, hey, welcome to the latest moderator here. Yeah, seriously. Junior moderator, OP-Trader. This is the new Junior Mod. I wasn't expecting that, thank you. He was kind of nervous. What's going on? Yeah, I mean, when you invited me, I was like, maybe you're gonna ask me a question about the interview and all, but yeah, I wasn't expecting this at all. Thank you. We pay attention, man.  Yeah, I'm just doing my best, man, and trying to be the best I can be. That's all. And I tried to post my chart so that other traders can review it and see how I think, because Bowz, Twitter, before I even joined MIC, like his charts helped me a lot as far as trying to get his mindset and why he took the trades he took. By me posting my charts, I was just passing it along to whoever is learning the same way I do. So I appreciate it, man. I love your charts, man. Take a look at, let's go review your charts and let's walk through what you did.  This is a beautiful way to trade. Take a look at this. It's the same way that Alex does it. He noticed he's not trying to top tick anything. He's waiting for the confirmation, the candle kill, and then he's hitting it. Yeah, well, what I did was, I remember last time in the interview, I mentioned like I was tracking the first red day as one of my setups to add to my playbook. So I remember in the last webinar you did with Alex, you mentioned about having some trigger orders right below when it goes red. So I had some trigger orders there. So when it went ready, just hit me and I just covered and then I waited for the bounce and shorted some more on your VWAP. But it was acting weird, man. It was holding red to green a little bit. So I covered all. And then I tried to reshor the bounce, but I was a little bit too low from VWAP. So I cut it for break-even and I waited until it broke support and then support became resistance and I shorted the pops and covered the washes. But I believe 13 or 1320 was holding too long. I was impatient. So I just locked everything in and I moved on. That's an awesome trade, man. This is that what it is. You waited for the confirmation and you hammered it, man. That's just a way to keep yourself safe. Love the newer traders and keep adding and adding to getting blown up.   And being, so like the key once again, what he did was make the meat of the move, guys. Wait for the confirmation. And he says, he's first day red setup. You don't know how many days are we running to. You have to wait. Yeah. It sounds so easy, man. I love it. That's how simple the process can be. Well, I mean, it's not that easy, man. I mean, you guys know that it's over time with learning, studying a lot and reviewing boughs charts a lot. Saving them, saving my own charts. I always preach that, man. Like save your charts and save them and review them on weekends. So I got to get a feel for what to expect. It's not 100%, but I can kind of expect how the first red day would behave. So I just, yeah, man, I just, but one thing I'm working on, and I mentioned to my tabs that I was like, yo, this week I'm working on my patience and discipline. So before I would be like, you know, having FOMO, trying to, you know, force the trade and all that. So right now that's how you'll see how I cut my loss quick. I left the fabric, even I waited for it to set up. And then I just, I just attacked, man, because the probabilities were on my side. So I just took it. It's like, it's just like in your martial arts, man. Don't attack us, please. Nah, man, I'm peaceful, man. Don't worry about that. He's going to be our security at all meetups. Nah, man. Definitely. Yeah. Well, that's all, that was the trade. I mean, OCG and wasn't on my watch list this morning. I was watching oil be in fun, but Alex mentioned it. And then I was like, oh, wow.  So I just waited and then I just attacked it. Well, so you're on the East Coast, New York, huh? What area is it? The States, the States, New York. I mean, I'm in Delaware. Oh, okay. Well, originally from Philly though. Philly has my heart, man. Philly built me a lot, but I'm in Delaware right now. Quite a difference, that's Philly in Delaware. Yo, Philly, Philly's tough sometimes, but man, it makes you sure. Too tough, too tough, man. Way too tough. You need a black belt just to survive in Philly. Dude, trust me. Yeah, man. But yeah, I mean, I appreciate it, man. That's why it's being a mod. You know, I've been helping members. Some of them emailed me DM, especially after the interview, you know, a lot of them took notes on it, which is like, yo, it's amazing. They showed me the notes they took and they've been dealing with the same thing that I've been dealing with. And they asked me for some pointers, so I gave them whatever I could. Because like I said in the interview, man, yo, this is the hardest thing I've ever done, but it's only hard because it's mental for me. So I have to work on my mind. And once I started working on that, I started getting consistent and just take the trades for what they are. That's it. So, I mean. I see you approve it, man. I mean, dude, it's amazing to see, to see from the beginning to now, that I've seen you on Twitter, too, man, for a long time. So thank you for coming into MIC, man. We're blessed to have you here. Yo, thank you.   I didn't give you too much details, but when I found you, I was, man, it was one of my lowest points, man. I was at a crossroad as far as this career that I wanted to pursue. And you were pretty much not what saved me, but you, I mean, you showed me the way, man. And I listened. I just got to it, man. I listened.   So what do you think was the biggest difference? Risk management, what do you think to tell to the new traders? Well, let's see. Risk management definitely was part of it because I was trying to rush too quick because I was chasing profits. I would see people making big P&Ls and I was like, man, I need to make that too, you know? So I would risk too much, man, to try to make it. And when I would make it, I would lose it the next day or a few days later because of the risk I was taking. So not watching P&Ls or focusing on anyone else was one of the things that I applied to my trading and also risk management for sure, like daily, max daily loss at the broker level, max loss per trade, max share size, yeah. And then I reward myself, like if I'm consistent for like two weeks or a week, then I'm allowed to increase my size. If the week after that I make an error, like a mental error, I have to go back to the size I was the week before until I'm consistent. And yeah, so basically increasing my size is a reward to my progress. So I'm just focusing on me, man. I mean, before I was focusing on too much on everyone else and it wasn't helping, man. I mean, it was rough. So yeah.  But everybody, don't compare your chapter 10 to someone's chapter 1,000, right guys? That's why Alex keeps a dollar, a stack of dollars by his desk to show him how much that is. Making $200 a day is great money, guys. So you take a look at that. I mean, how much are we making as a normal 9 to 5 job, right? So don't take a look at these guys because in order for Alex to risk to make 175,000 he's gonna be risking 100 grand or 50 grand, right? Yeah, yeah, for sure. And I mean, if I keep what I'm doing right now if I'm consistent and I don't deviate and I stay disciplined by this time next year, knock on wood, I should be like in half six figures to high six figures. Oh, let's go. That's awesome. For sure. If I don't mess anything up mentally but that's why I'm just focusing on my process, man. That's my goal, just mastering my own process. What works for me, you know, so. Olivia, let me ask you a question, man. How beneficial do you think the watch list is to your process every single day? Like, are you in there? Are you reading it every day? Yeah, well, first when I first started when I first joined MIC, I was watching it every day, you know? But what I found was I would become too dependent on it. Like, I wasn't becoming self-sufficient. So what I did was when I went dark I watched all of Alex's in pre-market watch list videos how he made his watch list. I watched all of them like multiple times and then I started making my own watch list and then they were looking like Alex's watch list and they were pretty much the same levels I was looking at. So by doing that, let's say Alex is off one day I can still trade. I don't have to wait for him to put it but the watch list is definitely gold, you know? Like you guys said, but I wanted to be self-sufficient on my end so I can see how he does it, you know? But I check it. I definitely check it to make sure I'm under the same track as him. Like OCGN. It wasn't on my watch list today, but he posted it and then I checked it. I was like, yo, yeah, that's a good setup. So I just waited for it to set up and then I attacked it. That's awesome. That's awesome. So that's what we've been talking about guys. So there's two ways to use the watch list, right? The first way is to learn from it and obviously create your own to see, you know, yours look like Alex's or Tom's and take a look more importantly at the levels of the lines that he drew, right? Because, you know, so the key to the watch list is knowing where to enter. A lot of the times you're entering way too early. That's why we give up the watch list. But yeah, people are still having FOMO and entering way too early, right? And that's usually how it works because people don't trust like, like how can this thing move so far away? But in training, oh my God, it does, right?  So use it to learn. And as a beginner, you can, I mean, I don't advise anybody to copy anything, but if you must, if you must take a little size off of the watch list, just so that you can become confident. Cause a lot of times you're scared. You're like, I don't trust this, I don't trust this. The way to trust something is to do it repeatedly, successfully. So, you know, if you want to train yourself as to, to the lines and just place like a hundred shares where Alex is putting, right? Guys are putting a stop out. Yeah. Absolutely. Yeah. But it doesn't. Oh, man. Olivia, you're a rock star, man. Welcome to the new junior mod position.  Man, I appreciate it. Thanks to you guys, you know? Thank you very much. I hope you don't get overwhelmed guys. So be, be very nice to Olivia with your questions. Oh, don't, don't, don't, I mean, he's, he's going to submit you to the flood of your house, brother.  Yeah, seriously? Don't mess with this guy. You're going to mess with, you're going to mess with Tom. The Billy hair and black belt. You're done, man. Oh, man. All right, thanks, brother. Good shit, man. All right, guys. Thanks, thanks again. Talk to everybody. Okay, bye. Dude, that was awesome, man. It's, it just goes to show, man. It's like, it's like another member just really getting in and really honing in on their results, man, because they do what it takes to learn these sucker birds.  Guys, do you have any questions so far on any of this? Any questions, guys? Send them through. Now you're still here? Oh yeah. Oh, I was like, I thought, I thought your audio cut out or something. I was like, I hope I didn't mute down too. I'm, I'm, I'm, I'm respecting Olivia.  Dude, I'm telling you, man. He's, he's getting real good.  I'm ready to submit, bro. So, so guys, I mean, these are, these are homegrown traders, man. Guys, this is why I love you guys.  Once again, guys, our strategy is so basic. Of course, you'd add more if you want, right? So the key guys, a lot of the, the, a lot of the complaints I hear is, you guys are too simplistic. You should do this or that. Of course, of course, there's many ways to trade guys. We just want you guys to be able to jog. Then you can run as fast as you want. But a lot of guys starting right, starting out, can I even crawl? No less walk. We're teaching you to at least jog. Yeah, seriously. All right, let's take some questions. Okay, sending your questions. You have all three of us right now. Alex Bowell, myself. Any questions, send them right now. Send it. Full send it. Full send it. Someone goes, do you think OCGN will come back? Well, I mean, I mean. We, if we knew, we would have insider information. I hope it does, man. And if it does, we'll be ready for another chance at a first red day. Like, let's go. I would love it to. But that doesn't mean long here and anticipate and hope it does. That's just gambling. If it does, it does, right? Now, why did you trade a first bounce on PTPI if deviation from VWAP wasn't a lot like the other bounce plays from the last week on BTTX and BKKT, PTPI?   I mean a little money, but it's not enough. But the thing is this, because it went all the way to 380 and there was a definite support line around that area. And that's all I did.  So I was not going to lose that much. It just in case is squeezed. Okay. Cause this thing was squeezing it was what? What time did I do this? It was like zombie hours or something? I think so. Once again, guys, this, the optimal trade once again a low float, that's being squeezed. That's deviate from VWAP. Okay. This sucker did deviate by 40 cents over VWAP but it dropped way too much. The moment it stopped way too much shorts were in control. So the key to a first bounce in my opinion, the way I do it is you want shorts to be squeezed because shorts will help feel the bounce because what happens is shorts are still so upside down that they will be fighting for every bid that drops down. And that's why it's so important that the stock does not come back to VWAP. Once it comes back to VWAP, the shorts are being let off the hook and they can keep adding now. Definitely. Astrologer goes, where do I get my squid game crypto refund? Oh dude.   Bro, that's another topic itself.  Alex is literally about to purchase it right now. Hey, Black Friday is coming up. I think you need to wait for the sell out. Wait for that Black Friday sell. Let's see what Alex is talking about. How much is this thing? I think like 200 bucks, 300 bucks. Just buy it. Nah, dude. I don't know. You can save 50 bucks. Alex, you buy like a new painting like every 20 minutes, just buy it. Sick. Like one week of gas and the fricking lamb on it. One day of gas. He goes, I have an Oculus Quest too. The porn is amazing. The porn is amazing. It's so real. Dude, BB dubs or BB dubs, if you know what I mean. That's hysterical, man. You guys are crazy. See, this is the fun of the community, man. Why the freak would you want to trade alone, dude, when you can trade with all of us every day? Like it's so much fun, man. You got a couple. Who's got an affiliate link to the VR? Drop it now. Alex is about to pull the trigger. Oh, I got a good tip for you guys. Use the Edge browser, Microsoft Edge browser. They have a built-in coupon code.  You've got to be kidding. As a built-in coupon code, but they also stole Bao's identity. Hey, I'm not worth much anyway, so. Now I have to cancel all his credit cards recently because a coupon code. The side chicks are taking most of the money these days. Yep, that's true. They put all his money in the Squid Game cryptocurrency. Is there a coupon code for Chanel Benz?  That's funny. Type in this code and check out.  So let's- Can you put on the link for the webinar again? Let me actually talk about it one more time while people are here. Oh, yeah, let's do that. Here you go, buddy. No, not that webinar. Oh, what the? Free course. Yeah, let's go, hold on one sec. Oh, guys, if you guys are not in MIC, if you guys are curious about trading or if you guys wanna start trading, me and Bao create a free webinar course. It's gonna teach you the A to Z of day trading. It's gonna teach you how to read a chart. It's gonna share some of our profitable day trading setups. It's gonna have my $700,000 AMC trade and an $18,000 live trade. So if you guys are non-members and looking into trading or looking into MIC, we're providing you with one hour of free MIC-style education at myinvestingclub.co.co.not.com. It goes with limited seating every single week.  And guys, the reason why you know this is because, you know, I talked to a lot of people in the phone weekly. Dude, I can't tell you how many people get on the phone with me and they're like, what's a broker? Like, aren't you trading my money? I'm like, no, dude, we're not trading your money. We're gonna teach you how to trade your money. We're not handling your money. We're gonna teach you and educate you how to trade your money. Like Alex trades his money. I trade mine, Bao trades his own.  It's gonna answer every question on what even this world looks like because look, we're veterans in this space. You know, Alex and I have been doing this eight years. I've been doing it 20 years. It's hard to go back to that first step where you don't even know how the stock market operates. We forget that. So we put this together for you guys to kind of go back to absolute square one and explain that for you. Like what is it? And Tosh, go to the video library real quick. One of the questions was, are you guys thinking about doing more courses? It would be cool to see a short selling course. So scroll down a little bit on the video library, Tosh. It's the MIC strategy right there. That's your course, guys. Your course for all the other strategies that are right there in the video library. It says all of our strategies organized, categorized. So if you guys are in MIC and asking what our strategy is, there it is. All the stuff is there. Guys, I'll say it one last time. First red date, this is what Alex did today. If you want to know how Alex did what he did today and you're not watching all of these videos, don't be a schmuck. Go watch. Go watch. Everything's in there, guys. Everything's in there.  Seriously. Yeah, we didn't make one video. Good luck. You're gonna have to do a lot of digging. If you want a course on short selling, anything other course, go to main trading room every day and watch that, man. We do live courses every day. Right here. Right here. This is our main trading room with short selling and alongside of small caps. And if you guys even need a step further, go to new member channel, type in, or just you don't even have to type it in. You just gotta find it. Go to my full process and just read on what shorting is like for, shorting for dummies, 101. What is the process? What does shorting look like? Here's a couple chart examples to explain exactly what I was talking about. Like, dude, we have everything for you guys. Everything. Just don't be lazy. Don't be lazy. But watch this webinar if you are not an MIC member and you wanna learn basically everything that stock market entails and what we do and what MIC is all about outside of this webinar, this live one that we're giving right now. Oh, what's Tesla doing? Geez.  I just can never bring myself to short this these days because it's so freaking cult, man. Screw that. Guys, questions, questions. No video on where Lambo. Hey, Alex, you should post your Lambo. There's the video. Where Lambo is in? Alex is gonna make you guys. Alex is one of the Batmobile, bro. This thing is so sick. He's got the perfect color on it, too. Let me see if I have a photo.  Thank God. Can't find video on how to pump. That's hysterical, man. Get a video on how to dump. That's a good one. Sick, dude. Did George take that? Yeah. That's so sick. That's Photoshop, dude. That is so Photoshop, man. That is not you at all. The beard's different. The trees in New Jersey are different, dude. No, if he's driving, who's taking the photo? At least it's Photoshop. Where's the selfie stick? I don't see it, bro. This is the green screen. This is not the same Zoom shit, right? You guys use the Zoom?  That is literally the best part about having a car like this. Dude, I went to New Jersey two weeks ago, guys, and me and Alex were driving around in his Lambo and his group of little kids comes up and they're like, oh my God, how'd you get that car? Alex is like, buy Dogecoin. Instagram influencer. And I was like, Alex, dude, don't say that. They might actually buy Dogecoin. That's fine.  Whatever you hit, dude. I didn't do anything. That was Mexico. Bro, oh, that's right. Yeah, yeah. We flew it in. We choppered it in. You guys are crazy, man. It's a fun car though, man. It's a fun car. We're Lambo. You're Lambo. It's right there. See, we cover pretty much everything. There's no more questions all the time. Each one of these... I think that's it, man. I think that's it. I mean, ours is less and less questions. Why do you guys use options as well when trading, especially when you have a high chance play? SG, it's not that we all trade options. It's that we have options offered. So while Alex and Bauer and myself are not doing options all day, for the people that want to learn options, we've got Joe, Kelly, and Oren to teach that. So it's not like we're doing options, swing trading, short-term trading is hard enough. Commentating while day trading is hard enough. Commentating while day trading, while answering questions is hard enough. Commentating while day trading, while answering questions, while trading options is... I can't do it. Yes, exactly. Dude, options are very different than the normal trading because you could be right and still lose money on options, guys. Because the expiration dates, yep. There's many different strategies that's different trading options. You don't trade options like you trade stocks, guys. If you do that, you're going to lose. Brock goes paper lambo. That's funny. Oh yeah, this was some guy that I actually, we actually got rid of at MIC. He joined and he wanted to cancel and we asked, why are you looking to cancel? He basically said that he's looking for day trades to jump in interactive trading where he could just copy our trades. Also good trades. Come on, guys. Okay, take a look at that.  Take a look at somebody on Twitter that lost millions of dollars. Copy him. Yeah, literally. Guys, do you have any idea how many people we turn away weekly that just want to get rich quick? Like, the numbers would be a step. We'd have four and the same people, the same people that say that hard stops are trading wheels or the same people losing millions of dollars, guys.  You will lose money faster than they are losing money. So if you want alerts, actually, dude, watchlist is better than alerts.  Do you really need me to click the button for you?  Yeah. 30 minutes before the market opens too.   So that's why they're taught. So this is a sign of pump and dump, right? First thing they're taught when they join the room is how to create hotkeys. The first hotkey is buy, buy, buy. You don't ever see a hotkey for sale. Yeah. Dude, 100%. I mean, this is an alert.  This is, dude, this is pre-planned, man. This is methodical. There's a question. Do majority of members work 95 or they self-employed? I'd say probably yeah. I think everybody works. Most of the people work guys. I do not recommend you quit your job at day trade. That's the dumbest thing to do unless you have an income already because trading is hard enough. Being stressed when the bills come. So this is why what we do is so great because there's a different setup for different types of people with different types of time frames. So we have traders all over the world.  You can make your money nailing Bill and get out. So that's the whole thing, man, nailing Bill. Now, between the first hour of the open, zombie hour, reversal hour, swing trading and options and expiration dates.  You can find benefit at MIC and something that tailored to your schedule and lifestyle.  We'll teach you that. You may only have time for an hour in the mornings before you go to your job. We teach you that. Maybe you have a lunch break every day for reversal hour. We teach that, too. That's the thing, guys. Don't stick around all day.   Make your money.  Live your life. Accept it. I just hate the excuse. Accept it because you're me. Dude, I'm just so sick of the excuses of people wanting to better their lives. And I'm not even just talking about trading, but in any form, but specifically with MIC, it's like, I'll join when I make the money from my own trading. I'm like, well, how are you going to do that? And then, or I'll join MIC when I get more free time. I'm like, dude, you mistake it on the fact that you have to be in MIC main trading chat during the market hours to benefit.  You have access to mods 24-7. You can do them at night. You can watch videos at night. Like, there's just so many excuses why people put off education learning. And there is no perfect moment. Just dive in and learn. Learn. Invest in yourself and your education. You're going to get to the point where you go, man, I'm glad I did that four months ago. Look at all the momentum I've built watching just 30 minutes a day. Guys, if you're waiting for the perfect moment to join because maybe your kids are in school or you work too, I'm telling you, man, like there's no perfect time. Just dive in. I hope that helps somebody. I think that's it, guys, for me. Alex, I got to go drive the Batmobile. Oh, Trader Clinic. Alex, a couple of people asked about that soon. Oh, yeah, I think next week, guys, I think I'm trying to aim for next Thursday for Trader Clinic and Trader Clinic, guys. If you guys don't know, is our annual and lifetime-only webinar where we kind of get into a little bit more advanced topics. So I'm thinking maybe next Thursday is when we do it. I'll let you guys know a little bit more next week just to kind of see what my schedule is like to kind of fit it in there. Let's do it, brother. Dude, go house hunting in Oculus VR, man. Go look up some Minecraft houses. I'll see you guys later. See you, buddy. Dude, that car is so sick, man.   You actually don't know cars can do certain things until you're in them, then you're like, damn. I see the appeal, man. Guys, any questions? Don't fight Tesla right now. Look at this. 30 minutes left. As you guys know, as MIC process, the last 30 minutes of the day, there's never a shorted. So anyone looking up to open up new short positions right now, even in the last hour, but specifically the last half hour, you're just, you're honestly asking to get squeezed. You're asking to have a headache if that's good. You're asking to have sorts of trouble within your trade. Val, you better not be shorting right now. Val? Wait, I'm fucking, oh no. No, no, not that, dude. Take a, I'm, there's something more, dude. You didn't invest, it's way too complicated. Very insensitive people right now. All right, so we're done. Dude, I mean, yeah, we can, we can wrap it up a little early today, guys. I think we did a full explanation of OCGN, the watch list. We answered your questions. If we didn't get to every question, guys, I'm sorry, it's hard to kind of see through our member chat and YouTube. So if you didn't get questions answered, as always, just dude, just text my line, man. I will answer any question that you have on joining. And then we can get you right as Ray, man. 2-1-3-4-5-8-5-9-9-7, just text my line. Go watch the webinar, myinvestingclub.co. You want to watch this. Let me scroll up to the top one last time. Guys, myinvestingclub.co, if you're not a member, this is it. This is gonna answer everything on top of just texting me. And I think that's the best way to get started. So, dude, without further ado, man, we'll see you guys next week. And this was an awesome lesson today, guys. Thanks for showing up, man. Val, we'll see you later, buddy. Bye-bye. See you, bud.


Thank you very much. The room is much bigger than I thought, so I'm glad that a lot of people are here. And I want to talk today about a C and CF project called KCP. And in specific, I want to talk about how to build a platform engineering API layer with it. And we're going to walk through how to use it and why it might be something that you want to use in future platforms that you build. First of all, my name is Marvin. I am a team lead at a company called QMatic. I have been in the Kubernetes space for six years now, have been mostly working with Kubernetes platforms, and now transitioning to this kind of internal developer platforms. For today, I want to first talk about Kubernetes as an API layer. So I want to basically recap what a lot of you are probably already doing. Then I want to talk about some solutions that have emerged in the ecosystem. And then we're going to dive into KCP, the difference to existing solutions, and basically walk through managing an API. First of all, Kubernetes as your API layer. So a lot of you are probably already doing this because operators have extended Kubernetes quite a bit. And honestly, that's mostly because the Kubernetes API is kind of awesome. At least, I hope that's the prevalent opinion. So maybe we'll do a show of hands. Who of you likes to work with the Kubernetes API? OK, that's not as much as I thought. But personally, I like working with it. It's very consistent. The declarative approach is something that makes it very easy for people to define what they want. And essentially, it makes building APIs already very, very easy. And it's amazing that this came out of a workload orchestrator. This is more or less a byproduct of managing containers at scale. However, I think most of you have already encountered one or more of these problems. Essentially, managing CRDs in a cluster with a lot of users can be cumbersome because teams want to use their own versions of something. So these are cluster-scoped. Other resources might be cluster-scoped. And basically, running them can create conflicts. And even though scaling the Kubernetes API is great, it's meant, as what I talked about earlier, it's meant as a container orchestration platform. It's not meant to be scared globally. So at some point, scaling it can pose quite a challenge. And one other thing, if you're focusing on providing APIs, on higher-level APIs that you want to make available to your users, you might not even need the workload orchestration part of this. You might not even want to run containers natively on your platform because you want to provide higher-level abstractions. And that is something that you always have the container workloads orchestration in Kubernetes. But it's something that you might not do. So let's take a quick look at what some people in the ecosystem have been doing. Some people in the community have run into, I think, similar problems here. And one of these solutions that people come up with is running many lightweight Kubernetes clusters because they mostly want the API. Oh, sorry. Thank you. They mostly want the API. So one of the solutions that people have built that you have maybe seen in some projects is running many, many Kubernetes control planes in parallel. And this is something that makes a lot of sense with lightweight Kubernetes distributions like K3S. It basically allows you to run all of them on a shared infrastructure, so an underlying Kubernetes cluster. And then you spawn K3S as pods. You basically use the Kubernetes API aspect of it. And you're basically getting a Kubernetes API for a couple of megabytes and CPU share. Now, this is great, but I think it's too isolated because now you have all these different APIs and they don't interact with each other at all. And you kind of want to separate teams, but you don't want to separate them too much because teams on a platform should be sharing resources where it makes sense and should be able to consume services that other teams are providing. So what if instead of running a lot of Kubernetes API control planes, what if we virtualized API service indeed? What if we made Kubernetes API service a commodity or Kubernetes API endpoints? And the solution that we have in KCP and that we're going to talk a bit when we come to actually KCP is a concept that we call logical clusters. So with logical clusters, you have one control plane, which is KCP. And KCP is capable of exposing many different Kubernetes APIs as kind of like virtual clusters. That means you are not spinning up new processes to run a new API. You're basically telling the control plane to give you a new endpoint. And that new endpoint then acts as an independent from the outside as an independent Kubernetes API. We'll take a look at that a bit more. But essentially, the idea is what if we started sharing a control plane that you can scale at once and then also break down barriers where you need to. So where you want to share resources, you could do this with a control plane that is well aware of all the different Kubernetes API service of all the what we call logical clusters. And that's exactly what KCP does. That is the architecture that KCP as a project has come up with. So essentially, KCP builds a control plane for APIs. And the key ingredient here is the Kubernetes style. So if you are building APIs on top of Kubernetes, you will feel right at home with KCP, because it applies all the same concepts. KCP is a cloud-native computing foundation sandbox project. We joined in the end of 2023. The project has been going on as open source since 2021. I am one of the maintainers for KCP. And basically, the idea behind KCP, these logical clusters are implemented as something that we call workspaces. So workspaces are your way in KCP to instantiate new logical clusters. So workspaces are actually Kubernetes resources. And if you want to create a new Kubernetes API service or a new logical cluster, you just tell your Kubernetes API, please create a new workspace for me. And workspaces have two characteristics. First, they are organized in a hierarchy. You can see this on screen. So basically, what you can do here is you have a tree structure. And you take your organization's structure and you apply it with workspaces because you can nest them into each other. And then I talked about these acting as independent Kubernetes APIs to the outside. And for that, I've wrote down some URLs here. So depending on the workspace that I'm in or depending on the workspace that I want to talk to, I basically go on and pass a different URL. So if I want to talk to something that we call the root workspace, which is the start of your workspace tree, then you append this cluster, this root as a name. And basically, you build upon that. So depending on which workspace you talk to, you get a different Kubernetes API. You get different discovery APIs. So the resource types that you can use will be different. And you get different resources. So the resources are stored in a shared data store. KCP uses atcd, just as Kubernetes. But it separates them in the atcd data store by workspace. So if you have a resource in one of the workspaces, then you won't see that same resource in one of the other workspaces because they are separated. And because workspaces are organized in this tree structure, they share a lot of similarities to what you all know as a file system. So basically, with a little kubectl plugin that we support from KCP, you can use kubectl and you can navigate your workspace tree. And you can basically talk to each Kubernetes API by just kind of not switching directories, but by switching workspaces. Very similar to what you do with CD on your command line. And yeah, that's basically it. The plugin basically changes the URL that you're connecting to in the background. And that allows you to go on and basically talk to different Kubernetes API. OK, now we've basically laid the ground for KCP, what its differences are to other platforms that are for other solutions to use the Kubernetes API for platform engineering. So I just want to basically delve into managing APIs with KCP.  I don't think it's something that comes from any of the white papers. But essentially, in platform engineering, we have two parties that we want to connect as platform engineers. So we have the infrastructure slash service providers, whatever you want to provide to your users, and you have developers and other users or people doing data science or something. And the way to connect these two sites at scale basically is our APIs. That's what platform engineering basically does, right? And this is where platform engineers come in, because infrastructure and service teams, honestly, I've worked on that side of the equation for some time. And it's hard enough to keep big services up and running. It's like managing infrastructure is a hard job. And making your APIs discoverable and easily consumable is not really something that we can also add to their plates, because they are quite busy already. So this is where platform teams come in. This is where platform teams say, OK, you have your servers. There are consumers on the other side. Let us help you with connecting them. Let's make it as easy as possible for them to basically use your APIs. And this is basically where we come in with KCP. And I'm going to walk you through creating an API in KCP, and how users can consume it, and then also how you can implement it, because, well, all of you know if you create a CD in Kubernetes, that's nice. But you need a controller to power that, to basically reconcile it. And this is exactly what we're also going to talk about here. So we start with something that's called an API export, which defines my APIs. And we start even one step before that. We start with something called an API resource schema. And API resource schemers, I put a schema on screen here. And some of you might instantly recognize this maybe, well, hopefully because you work with it a lot, hopefully not because it traumatized you. But point being is, these are CDs. So if you create a CD, you basically know how to create an API resource scheme already. The key difference between API resource schemers and CDs are that you decouple defining your API from registering it. So when you create a CD, you always get the API enabled already. So when you create a CD, offer a specific resource type, you can then start creating resources from that resource type. And API resource schemer just take the definition part. So they just basically this is just the way to define a scheme that you then later can enable if you want to. So there's more flexibility here because you decouple two aspects that are connected in CDs. So basically, because API resource schemers look like CDs, you can easily transform a CD into an API resource schemer. You can either use a QTJ plugin that we provide, or you can even use the Go SDK that KCP provides, depending on how you want to deliver your APIs. Once you've done that, you start out with your API export. So an API export basically bundles multiple schemers that you've created into a coherent API. So this is basically what you, as a service provider, want to provide to your end users. So let's say when I created this, I wanted to provide certificates to my end users. I also wanted to provide the ability to order pizzas because I was hungry. But basically, the API resource schemer defines how the resources will look like. And the API exports will define how these are delivered in one bundle to your users. This is the most basic API export that you can create. But there are many other options that you can use. For example, if you want to not allow users of your API to delete their resources, maybe because that is a company policy, that important resources cannot easily be deleted, then your API export allows you to limit the permissions that users of your API can have. We're not going to get into that because I only have 25 minutes. But the API export basically allows you to define how your API will be consumed in the future. And speaking of that, let's switch sides. So we were on the service provider side. We were on the side that wants to offer an API. Now we're going to switch to the users, to the developers that want to consume the APIs. And at best, developers want to be, we should enable developers to consume APIs self-service. So if we want to scale platforms, we need to allow them to register APIs whenever they have to. And KCP has a resource called API bindings. And it works the following way. So if you connect to a specific workspace, you can see up here that I am connected to a specific workspace from the URL that I've shared. So this is, again, a specific Kubernetes API, my control plan that I'm talking to, a specific logical cluster. And if I look at the API discovery, I will see that there are a couple of resources that are always there. You recognize them. They are core resources, like config maps, events, namespaces. So we've decided to keep them in because they're generally useful. There are no ports, though. So the core API is scoped down here to what you need. And there's also a resource type called Workspaces in here. And this is essentially the way that you can stack your logical clusters into each other. Because if you're in a specific workspace and you create another workspace on the API, then you get a child workspace. So this is how you basically go down the tree. And Workspaces, this tenancy KCP IO API that you see, it is exactly delivered the same way as you as platform engineering team would deliver additional APIs. So the resource in question is the API binding. And API bindings mostly define, OK, I want to be able, or I want to reference a specific API export. So the resource we created earlier. And that allows us to start using that API. So that enables the resource types in your API export in the workspace that you're creating your API binding in.  So you always get the tenancy API, which allows you to stack Workspaces. But if I go ahead and do the same thing to the API export that I created with my kind of like two demo resources, then I would not necessarily be able to do that. Because binding APIs means that you start getting access to services. And to limit that, KCP adds additional layers of AirBug. So if you're managing, well, you're hopefully all managing your Kubernetes permissions with AirBug already. But essentially, there are a couple of special verbs that you can add that will allow you to limit who can register to your API. So for example, someone might need to sign a Euler or something like usage guidelines before they are allowed to consume an API. And this would be something that you can manage with these AirBug permissions. Now, if you create an API binding because you're allowed to do so, then the new resources from that API export, they will show up in your discovery API. So we'll see new kinds of resources that you can now create. So certificates and pizzas are my examples. And now I would be able to create certificates and pizzas. Now we have created APIs. We have also started consuming them, but they're not implemented really yet because there's nothing reconciling them.  So this allows you to provide computed views of the data in KCP, depending on who you want to target and who should have access to what data. So you can limit it by resource types. You can limit it by labels. Basically, you can build whatever you want. And KCP provides a framework to build additional virtual workspaces. We, though, only care about the API export virtual workspace, which is something that is built into KCP. And this virtual workspace gives me a view of all the data for a specific API export. So this allows us to access cross workspace, all the resources that different teams have created of a specific API. And this is useful. And again, this is also guarded by AirBug. So you won't be able to use this unless someone gives you the explicit permission.  So what you've been doing in Kubernetes, you can do in KCP just at a grander scale, because you get all these different teams in the workspaces creating resources. And basically, creating KCP aware controllers is very simple. There are just three things that you need to know. KCP aware client and cache. Then you want to talk to the virtual workspace that I just showed you. And then you need to set in your context which logical cluster, which workspace to talk to. And there's a fork of controller runtime that we're maintaining that will allow you to build KCP aware controllers. OK, that's where I'm up because I think I'm running out of time. KCP is a global control plane. It allows you to build API-driven platforms. So we're moving past the container orchestration while keeping the Kubernetes API, because you don't seem to love it as much as I do, but it's a pretty solid API that you can easily extend. Workspaces allow you to construct organizational hierarchy. So you can basically model your KCP, your control plane, after the different teams or the structure of your organization, which will look different for each of you. And because it's very easy, because basically, a lot of the concepts that you already know already exist in Kubernetes. So most of you have already implemented something like that. They just need light modifications. And then they basically apply to much greater scale of KCP. And in the end, I want to say, as again, it's a CNCF Sandbox project. It's community-driven. We welcome everyone who wants to join and want to shape and maybe also change KCP, because it's meant for platform engineering. And we need to hear from you. And it would be very interesting to hear, OK, does this work? Or does it not work? So I hope to see some of you maybe at future community meetings or in our Slack channel. Let's see. And with that, I'm done. So thank you very much. There's a session for you back here. Does anyone has a question? So I'm assuming that one of the limiting factors for a scale is the size of the reconciled loop. You get more and more resources, and you can kind of choke up the API. So are there any guardrails that you can put in place so that one workspace doesn't starve everyone else? So can you come again? So I can imagine that a single workspace will pile on more and more resources, and that reconciled loop can get too large, and you can start choking up the API. So can we put guardrails in place so that a single workspace doesn't hog all the resources from the other workspaces? Good question. I think that's a great feature request. So I don't think it's possible right now, but again, it's a great point. So yeah, I think that's something to be added in the future. Thank you. Thanks for the presentation. Working with different clusters also allows us to separate resources, node pools, and networks. Do workspaces allow? Do they expose this kind of differentiation so that we can split them on different node pools or having different ingresses roles? I'm not sure if that addresses your question, but you can charge your KCP control plane so you can scale it across different regions. Since the default KCP doesn't come with all the container management part of it, you can add these APIs to your workspaces, but it's not the core aspect. So I'm not sure that answered the question, to be honest. Fine. Thanks. Thank you very much. Great presentation. I've actually questioned usability. You said we probably all have been traumatized by CRDs. So it seems like a bit of a tall order to impose using CRD like specifications on app developers if they want to expose their API. Is there maybe a feature request, but is there any way to maybe simplify that? It depends, I think, on what you mean by simplifying. At least for me, the traumatizing was a strong word, but the difficult aspect was like managing multiple teams trying to install CRDs and wanting to have APIs available. So that's the part that we solve. Like generating APIs, I think, because you can reuse your existing tooling, because you can generate a CRD and easily convert it to just the schema instead of just registering it. I would say that already makes it easier, but I could definitely see there being tools that can even or internal tools maybe that allow you to build APIs easier because you have a scheme that's already defined and you just add a couple of parameters to generate it. OK, thank you very much. Any other questions? Thank you, Marvin. Thank you.


Now, when you become teachers and you teach these grades, something very, very important is that they should really know and they should really get the message also and they should also try to develop their personalities the way Islam wants them to do. Also remember that it's very, very important to tell various locations about which we are going to talk in our lesson to our students. A common student probably who haven't seen even a map or cannot consult a map would never know where Mecca is, where Khaana Kaaba is. You need to know that you have the best training aid available. With the help of that, tell them the location of the first Mecca and Khaana Kaaba and the place where we taught them, tell them their location, that this is their location. After that, you should stress on this point that there is only one power who is to be worshipped and that is God Almighty and nothing else. No idols. We worship only the Lord of Glory and the last Messenger and the Messenger of God What is the Buddha? Tell them what is the Buddha after all? Either it is made of stone, or it is made of clay, or it is made of sand, or it is made of all these things you should tell them. Tell you that how kind-hearted our Prophet peace be upon him was and we have to follow him. Remember one thing Moa also. There are difficult words which are not difficult for us but students of this level, those words are difficult for them. For example, they may write Quraish with another Khaana Kaaba, they may write some other way, so it would be better if you tell, give them few difficult words which you must have already made up in your mind that they are difficult and tell them to write those words on their notebooks and check them also so that they do not make mistakes once they grow elder and elder and elder and elder.


Welcome to Digital Asset News, the top stories in crypto, current digital assets, and break them down into bite-sized pieces. Today, we've got some pretty great stories about adoption. First up, Elon Musk supports Bitcoin and says Bitcoin is on the verge of broad acceptance. At first glance, this is just another article which talks about how Elon Musk changed his Twitter profile to hashtag Bitcoin, but it goes far, far deeper than that. On top of that, we're going to take a look at what is going on with his XRP pump and what I think is going to be an eventual dump, so I need everybody to be careful with what's going on. And we'll take a look at both of these things, but first take a look at what's going on in the market. So today, Monday, remember those Mondays, it is February 1st, it is 10.30 AM, class of Texas time. Looking pretty good. Looks like the volume is keeping up. We have a market cap of above $1 trillion, so congratulations, everybody in the market. Still keeping up there. Bitcoin, up 1.7%, we'll take it, 33.4%. Everything else just, if it's up, it's only up a little bit besides Binance Coin at 11.5%, so congratulations all you Binance Coin holders. That is a coin that has real utility. You can use that. You can reduce the amount of transaction fees. You can use it for there. I think they have a card. There's a lot of different things for as far as like a rewards program for Binance Coin. That is a coin with real utility. Now, a lot of people talk about different utilities on different projects, but I mean, hey, I missed the boat on Binance Coin because I just didn't understand it, but now I get it because it actually does stuff. Then we've got, what else, speaking of things that don't do stuff, Dogecoin, 27%, and before everybody flips out, it's just Dogecoin. No one hates Dogecoin. If you talk to some people like Bitcoin Maxis and XRP Army and Chainlink Marines, they all get in this fight, but as soon as someone goes, yeah, but what about Doge? Everybody's okay with it because everybody likes Doge. I don't really see it going too far, but had a heck of a run and let's see if it can continue to go up. Right now, we are looking at almost four cents, which we hit a high of eight cents. This was an artificial pump. There was nothing as far as fundamentally like, I don't know, companies came out and said, we're going to adopt Doge or we're going to use this on the Visa network or it's going to be great for blah, blah, blah. Nothing that happened. It was artificial and it had nothing to do with the actual use case for Dogecoin. This is what we're going to talk about pretty soon when we talk about XRP and what's going on. That's what's going on the market. Nothing too great. Again, above a trillion, we'll take it, but here's two big things. First up, Elon Musk supports Bitcoin. Again, if you look at Elon Musk's Twitter profile, it just says hashtag Bitcoin, which is the same thing that Jack Dorsey, who owns Twitter, that's what's in his profile, hashtag Bitcoin. Elon is kind of a funny guy. He's got some dry sense of humor kind of like myself, but when he would do like tweets about Dogecoin, Dogecoin would go up and then he would talk about Bitcoin for a little bit and then it would pump. When he put this up here last week, I thought, that's just Elon being Elon. He's going to change that at some point, but he didn't. Then there was an article that we're talking about right now, which goes over. He had an interview on Sunday night. It was called The Good Time Show via the Clubhouse app Sunday night. He was pretty much questioned on Bitcoin and he goes, first of all, he says, I got to watch what I say here because some of these things can really move the markets. When Elon Musk, when he put hashtag Bitcoin that first day, Bitcoin went from $32,000 to $37,000, almost $38,000, just like that. It was pretty interesting because this happened. Also, Ray Dalio, he had put a nice little article out and didn't really move the markets too much. So again, news moves these markets. And when you have something like this happening, you're like, okay, now I can kind of get it. And then even Elon Musk gets it.  And he's like, I got to watch what I say because I could really move the market. And he says some pretty positive things, but not enough to be like, okay, we're going to go to $32,000 tomorrow. He says, I do at this point think Bitcoin is a good thing. I'm late to the party, but I'm a supporter of Bitcoin. And I think Bitcoin is really on the verge of getting brought acceptance by conventional finance people. And we can see it everywhere. We can see it with the micro strategies. We can see it with the mass mutuals, the Paul Tudor Jones. All these huge corporations and entities are really getting into Bitcoin and he's right. Somebody just takes certain people a little bit of time to really get into it. Problem with Elon is maybe he's just a little bit too smart. And he just thought, I'll get to it later. I've only got five different companies to deal with. I'll deal with this at a later date. And here we are. So again, it's not about what one person says, but it's about what one person says that resonates with millions and millions of people. Like just on his Twitter feed, he's got 44 million followers. Not too bad. So if those 44 million followers are hearing about Elon Musk, they'd love his companies, whether that's the boring company or SpaceX or Tesla, and he's talking about Bitcoin, that moves markets. So I can only see good things happening right now here for Bitcoin. On top of the fact that MicroStrategy and Michael Saylor is going to be hosting his corporations. Like he's going to be giving the Bitcoin playbook to these big corporations. I will be there so I cannot wait to hear what he has to say and let everybody know what happens. So that'll be interesting. But again, that'll happen on February 2nd and 3rd, or 3rd and 4th. One of those two. It's in my phone book. It's in my phone on my calendar. So I will be on that one and let everybody know exactly what's going on. What's going down over there. I can just only imagine. It'll just be exactly what he's did to accumulate a billion worth of Bitcoin. Anyhow, to finish up this article, he states, I don't have a strong opinion on other cryptocurrencies, which is the same thing that you would see with Raoul Pal when he got in. Raoul Pal, when he got in, it was Bitcoin, and that's it. Then there was an article just recently where he says, you know what? That's 80-20. I'm on Ethereum. And now he's like, hey, if Ethereum could be enormous, I'm going to put my money into it. So again, Bitcoin is always a gateway crypto and leads to other things. The SpaceX and Tesla CEO further revealed on Dogecoin. Occasionally I make jokes about Doge, but they are meant to be jokes. Dogement is a joke to make fun of cryptos, obviously. And that could be true. That cannot be true. But one thing that is a reality is that you can still use it as value. People still value Dogecoin. They transfer it back and forth. And yeah, it was started as a joke, but it morphed into something different. And that's just how things happen sometimes. But do I think it's going to go to a dollar? No. Do I get a concern when I keep seeing all these different Twitter feeds and posts where they say, you know, Dogecoin is going to a dollar and you should invest into it right now and da, da, da. Yes, because people lose their shirts, which leads me to my next point. XRP. Whoops. XRP. So this is happening right now. World time zone to pump XRP.   And we talked about it yesterday.  It's going to be great. What's changed? Has there been any further announcements? Has SEC dropped the case? Has there been anything kind of improvements where a bank has come out and said we're only using XRP? No. So when this is happening right here, what's going on is that people are just pumping and pumping and pumping. You know what this is good for? And I thought of this. I was like, you know, this is great for Jed McCaleb, the Ripple co-founder. He's loving this because he gets to dump millions of his XRP on the market every single day. Now, there's a time frame and everything else. But right now, he's within his right to dump. And if he's seeing this, if it's me and I'm looking at these things, I'm not a trader, first of all. But if I'm just taking a step back and going, wow, I just went up. It just doubled in price. And I got all this XRP. I don't know when it's going to last. Dump it. And I think that's what's going to happen with a lot of different traders that are out there. They're going to look at this and go, you know what, this is the perfect opportunity. I don't know what's going on with this SEC case.  That's OK. You should just do it and do it and do it. This is when people get screwed. And this is the problem.  One lady, it's on my Twitter feed. She put her entire rent money into Doge. And she lost half, just like that. So I don't think this is a good thing in any way, shape, or form. And that is it. So again, be careful with this. If you're going to get into this, I would not, I would stay away from it. I'm more of an investor than anything else. And I just don't see this as good for our market for pumps and dumps. And this is exactly what I see. Let me know what you think in the comments section. And that is it for today. So I want to do a quick video. So if you watch us all the way the end, hey, thanks. Thanks for sticking. I really appreciate it. If you liked it, give it a thumbs up. Also, click on the subscribe. All the different things that we talk about are pretty much time sensitive. So it would kind of help out. If you could subscribe, get the notifications and you can learn about this as they happen. So that is it for today. Thanks so much. If you like these types of videos, there's going to be two more that's going to pop up on your left and right. Not for sure, let YouTube do its magic. And that's it for today. So thanks again. See you on the next one.