 Everyone let me know if you can hear me. I know if you can see the slide How's everybody doing today? Rainy cold day in New York I actually feel like putting the heat on for the first time. I'm like I might put the heat on before I go to bed tonight Welcome everyone so we had a great day today We shorted for those of you that don't know I like to focus on shorting stocks The market fell today. We shorted Facebook and the live training room today. It was just all around a fabulous day fabulous day So it's a good day to be here. It's a good day to learn a little bit from me If you are not familiar with what I do you can go to my website It's www.thestockswush.com and again if you would like a trial of the training room this week feel free to email me at Melissa at the stockswush.com and I can send you a trial for the week It's raining where you are Angela too. Yeah Cold So let's talk about how you can earn up to $20,000 and one through even more because it really depends on how much you're risking I mean there are people that have been with me for quite a number of years that are making more than this per month And again, I've been trading since well since 2008, but it took me about three years to figure out my system So till I really pulled everything together It was like 2011 till I was really really good at what I did and then Now I've been doing this gosh for 13 years going on 14 So I do love trading and particularly again days like today are just so fun to trade when you're doing everything and everything works But we're also going to talk about training in this period of inflation right now We're in high inflation. Okay, I've been talking about this a lot on the TV for those of you that don't know I speak on national television I was on Fox News Friday With Neil Cavuto whose show is going on right now actually and we were talking about the economy We were talking about what's happening It's not just the fact that they are working on this 3.5 trillion stimulus plan, which is an outrageous number 3.5 trillion was just a crazy number It's also the debt ceiling is coming up the extended to October 18th But they haven't come to any conclusions on that yet And the reality is that there's just too many things that are coming to a head right now Supply chains are having an issues and interest rates are going up and you're seen selling in the market. Okay So if you have questions, you can email me at Melissa at thestockswish.com You can feel free to call me at 9 to 9 30 200 gap You can follow me on Twitter Facebook YouTube or Skype and again if you'd like a trial to the room this week You can feel free to call me as well So for those of you don't know again, I live in New York I live in Manhattan So I never go to the grocery store ever. I didn't before COVID and now since COVID I never do Or I rarely did before COVID but now I absolutely never do Anyway, so I always put items in my cart when I need stuff even though I might not order that day Every single day I get up if I think of something and I need a sticker in the cart And I'm always getting these messages and I put this in here just so you can see Every time now like if I if I would place in order today, it would be whatever it cost But like if I just stuck a couple of things today, I may not need an order today But by the end of the week, then I go to place the order for my groceries. Everything's up It's just up up up could be a dollar here could be two dollars there could be whatever I mean, I've noticed some things that have gone like these breakfast sausages I like to eat They've gone from $2.99 to $5.99 literally in the last month So that's not even they're saying that the cost of inflation the rise in inflation It has been like around five percent or something. It's to be honest with you It depends what product you're looking at. It's way more than that So regardless of where you live in the world and particularly we're talking about the united states right now Things have gone up cost of food has gone up now I don't drive But I know gas has gone up So we're living in a time where it's an inflationary period and it's not stopping It's not stopping and what I'm noticing is getting worse now. What is one of the reasons it's getting worse? Well, here's another item. I like to eat. I love these cheese balls They're sold out. They're out of stock. Why not because they're not making cheese balls Because they can't get them to the store The trucks aren't coming into new york. They can't get the products into the city Truck drivers are still in unemployment and actually a friend of mine works for a big trucking company in in in the united states She told me they're having all kinds of problems one They they have had people that have just quit. Okay, they don't want to work during covid And obviously it's a job with long hours and two Uh now that marijuana is legal people are not passing drug tests When you are a truck driver, you have to pass these drug tests I guess they test every week for the cdl licensing and people are smoking pot And while it may be legal in many places, you still have to pass the drug test to to drive So then they can't drive for six weeks if they don't pass the test And so people are going on unemployment who are failing the test And then she said we're having trouble then getting them back After they go in and play when they fail the drug test So there's so many things that are going on right now and again, it's not that farmers aren't farming food. It's not that they're not milking the cows. All of these places are producing They may not be producing as much as before because they're down employees too But it's a big problem with truck drivers. And then of course, I'm sure you've heard this on the news Right here in new york. Now that's not near me. It's all the way downtown in the financial district They have ships backed up in the ports because they have to go through the covid checks They have to go through covid Procedures to be able to unload all the goods from the docks show between that The lack of people that are working. You're not you can't get stuff that you normally like to eat You can't get stuff you normally like to buy And I don't see when this is ever going to change to be honest with you in the near future And especially since we're getting into the holiday season And I mean they're even telling people in the news now to buy their Christmas gifts now Which is really crazy when you think about it But Columbus Day is coming up a week from today and I'm sure there's going to be a lot of good sales So I'm just thinking about ordering my gifts next week for october It's crazy because I want to make sure and get presents for people We're in a situation where the world is just so strange right now So what are we left to do and that's what we're going to talk about today? There was an economic report that just came out last week Some 79 of us consumers said they're concerned about rising prices on essential goods and services such as housing and food Which both have gone up According to a monthly survey and more than a thousand us adults conducted by numerator or market research firm Americans paid 2.8 and 3 more for shelter and food and actually I think it's more than that to be honest with you Consumed at home respectively in august compared to august 2020 according to cpi data and that's broad based and that's why Obviously it may be different depending on where you live Prices may be higher than 2 to 3 percent And everyone knows since covet people are buying homes like crazy and it's very difficult to get stuff like furniture Um, and it's taking months months to get furniture if you order furniture I mean just normal things that you go to buy to fix up your home or do stuff is costing more I found this little inflation calculator. It put in if you if you bought something for a dollar and this is really funny Uh, this is a long time ago though 1913 so we're talking almost Well, no, it would be more than 100 years ago. Actually, I'm not sure why I put that number in or it just plopped up Look 2663 percent Can you believe it? So when you think about it and you're like, oh my god But when you put your money in a bank you're running next to new interests So it is really really crazy when you think about the interest that you would have earned if you had stuck money in the bank 100 years ago You know or even 50 years ago or even 25 years ago Even with earning interest on the interest of the interest. It wouldn't be over 2000 percent so costs are going up And what are we going to do about it? Well, first of all, let's talk about what inflation is inflation is the rate of increases in prices over a given period of time Inflation is typically a broad measure such as the overall increase in prices or the increase in the cost of living in a country Which we're going on right now in the united states and again I realize some of you may be in different countries that come to me I have people to trade with me from all over the world. You can trade the us market from anywhere, which is nice Um, but the fact is that in the united states home prices have gone up And it's strange because in new york, we had we've had a terrible spell in new york with covid Um prices probably have not gone up in new york as much as they have other places It's still down in new york compared to pre covid, but they've gone up since last year But there's places like i'm from pennsylvania and obviously anybody that's followed what's going on in florida people are flocking to florida flocking to texas flocking to a lot of these states where people are going back to normal living their lives And home prices have gone up astronomically. I was talking to this a friend the other day We're like, where are all these people coming from? Why are all the sudden people like where are all these people coming from? I mean, you have all the rentals full. You've got the houses full. It's like Where's this? You know explosion this population explosion It feels like because where was everyone living before? You know, I don't know I mean, it's really really kind of interesting if you think about it how this is all happening So if we know and can accept the fact that yes, we're in a period of inflation Everything's going up. Just accept that fact or most things. Okay Well, what can you do? Well, you have two choices one you can spend less So you can things you're going to cost more you can say I'm gonna I'm going to do without some things show in other words. You can change your lifestyle. I'm not going to get the cheese ball I'm not going to get the beef steak tomatoes. I normally get it. I'm gonna I'm gonna pull back and not buy things For example, if your grocery bill is normally $200 a week things have gone out That means you'll get something less if you don't want to spend more than you're allotted $200 a week And many many people live in a budget So, you know, that's one option now. I don't like that option personally I I'm I'm the type of person. I don't really live on necessarily a budget if I want to buy something. I buy it That's just my personality but I have Noticed the cost of food going up just because because of this silly amazon cart And when I started thinking about just recently even myself is you know what? Well, it's time to make more money now with trading. How do you make more money? You can either a take more trades or increase your risk So I've started to think about that for what I'm doing now for those of you that are not trading Or if you are trading and you're not making money or you're not making enough or you're losing, which is the worst You can make money in the market Or doing something else show your choices to do without or guess what make more money earn more money Have more money coming in to cover the cost of the inflation Which you can do how you can get a part-time job You can ask for a raise at your current job or you can learn how to trade and make money in the market And I think that this is something that's nice because what I do does not take a lot of time on any given day You can work your normal job and trade part-time. That's one of the things that makes trading So advantageous for people many people are not going to get raises if they ask for it because Businesses are hurting in this time frame businesses lay people off. You know, the unemployment numbers have gone up But the other thing is too Not everybody wants to do without like I said, I don't like doing without and many people don't like that either So you have to find a way to have more money coming in. That's the only way to go about it Okay, and any questions here? Let me know So what can you do with inflation? This is a problem Everyone is spending more and this is what you do with how much money you have This is nothing to do with that at all. There are people that are wealthy that are seeing costs of things go up And they're noticing it. Of course, they have more money to begin with But people that have a lot of money still don't like to spend more for stuff. Do you understand? Whether it's a car, whether it's for a house, whatever if you could have bought an apartment in new york saying You know a year ago For 800,000 a one bedroom and now this year it costs 1 million and you knew that you'd probably be annoyed Whether even if you were wealthy and had the money to do it, okay So everyone notices inflation But some people really can't afford the extra cost for the tomato And that is where you're going to see changes in the economy And that is where i'm saying the average everyday person can actually trade the market and by average everyday person I mean someone does not have to necessarily have a graduate degree a bachelor's degree a degree in finance Uh experience of 10 years or five years or more under their belt having trading You can learn how to trade from me in a weekend while you may have a learning curve in order to do it You still can learn and I can teach you because I've been doing this for a long time And I've been teaching people for a long time too You do have to have money to trade in your own account You open up an account with a broker and you do have to have money to take my class But you put that on a credit card That's the other thing that I've noticed in reference to what's going on people really haven't been talking about the fact that You know rates may be going up. Say you have money in a savings account You say well, I have this money and for a rainy day in a savings account. Okay Well, every time I see this inflation and every time they talk about it and every week the fed talks, you know what? I'm not seeing the savings rates go up. I'm not seeing them go up at all It's really interesting how it always goes back to the fact that the banks win in the end Because if you see interest rates going up on your credit card, they don't go up with your savings account It never works out like that. It never never does so in the end You're still going to have to find a way to have more money coming in You get a second job or you Start a business on the side That's something you could do too Or you ask for a raise if you can get it But probably not or you would have already gotten it by now Or you learn how to train and make money from the market And while there's an initial investment To take my class and pay for the class or open up a trading account You can grow that trading account exponentially if you're doing well over time And even in a short time like by the end of the year you can make money doing this Okay, and grow a small account into a much larger account. So any questions before we continue here? For many, buddy Everybody with me so far So what do I do? Well, one of the things I do is day trade Today we day traded Facebook Facebook gap down Facebook fell I do gaps and I talk about that in a little bit But what really is a point of day trading? Well, the point is to make money and the point is to make it quickly and guess what? That's helpful too when in an inflated economy because you have the money right now You can make it you get in your account today. You can take it out tomorrow Wire it out transfer it out tomorrow. That's it. Boom. It's yours. It's there You don't have to wait a week or two weeks or three weeks for a paycheck. That's convenient too. And again people want money right now What is the point of learning a trading system? If you have learned one in the past if you're someone that's traded in the past and you have failed Failed to make money fail in the market. What's the point of learning? Anything at all? Well, I found that a lot of people if they've paid for classes have done classes They kind of lose conviction that something's going to work or that any is going to work. That's not true There are just as many bad trading educational places out there as there are bad traders So of course, there's a lot of them But that doesn't mean that every educational place out there doesn't know what they're doing clearly I do I've had the business down for 10 years plus and I've had a lot of people that have been with me for a long time That are making money that don't have to be with me and could go other places or could trade by themselves And they're with me today is a good example of it because I've been calling facebook short for quite some time We've been doing it. I've been doing options in it and then today Absolutely crashed and tanked and you can say well it did because facebook was down all day and it's still down Yeah, but I didn't know that I didn't know that last week or the week before that or the week before that I knew that facebook was lower and we've been shorting a why because I've been reading the chart I've been reading the technicals. I've been reading the gap and again We're going to talk about that what a gap is in a little bit But the point of taking a trading class is to learn it is to learn and and and that means time In order to move forward and get to the next step in life or overcomes of these obstacles like inflation You have to take the time and the energy To to learn something and to do it Everybody wants to be where they want to be like yesterday Everyone's impatient and social media has contributed to that quite frankly and in a very negative way But when you really buckle down and you decide I want to do this and i'm committed to doing this The sooner you start the sooner you will move forward and before you know it like that because Time literally goes so fast so quickly You will move ahead to achieving your goals and you can get there particularly if you have someone like me mentoring you I take the time to talk to people. I emailed a few people today Who I knew were new, you know checking in with people. I occasionally do the check-in You know, I'm very good with that with my students And again any questions write them in the room, okay Anyways, you need a foundation to trade you need an infrastructure for every entry and it and it's a strategy It's a strategy that I do the strategy is the core reason behind why you're even watching that stock in the first place Or even contemplating an entry or trade in it an entry in a stock should not be taken unless the trade has a foundation supporting it Okay So the foundation is what the golden gap system That is what if you came and took my class and learned from me you would learn Okay, that is how I make my picks every day That's how I made the pick for facebook So this is very important fact many stocks in any given day have no strategy to trade as a day trade That is why on most day stocks do not have a proper entry There is no strategy. Okay And again, you can say well the market fell today. So every short worked. Yes, that's true That's true. I'm not sure if anything rallied to a day to be honest with you. Tesla was up in the morning I'm not sure where it closed. We did not do Tesla long or short But the fact is today was what you would call a power trend day in the market. It fell all day Sometimes that happens up sometimes it happens down, but it's very difficult to read the market I don't get the market right all the time. I get it right a lot But not all the time we have to trade things that have nothing to do with the market Or where you don't need the market because on any given day most things will go with the market and on most days The market will not power trend in one direction or another So the strategy that I do the gap strategy I do is the is the secure foundation for the picks that I make every day for where I'm going to put my money I'm going to put my money in this because it has high odds of working and so on and so forth What you don't want to do is crap shoots throwing money around this place that place I mean, I I know people that just they'll do a long and something a short and something the same exact day That is crazy to me. That means they don't believe it's going to they don't even know what it's going to do Like that's just a crap shoot And what's the chances that you're going to even end it with any money at all? You're probably going to lose or make a little or be flat You have to know what you're doing. You have to have that secure foundation So for me the foundation is a strategy on gaps Gaps are a strategy or foundation for your trades in the market when you choose to take a trade There has to be a support system behind why you're taking the trade Gaps are the support system or reason why you would enter a position The reason you are choosing to enter a stock or the foundation for your entries Should be because the stock is a quality gap So a stock gap so the opening price to debt Is different from the closing price of the previous days trading a gap is a break in the price action from one day to the next simple Okay So that is what a gap is. Let's go over it. Is everybody with me here so far Actually, let me let me see if I can Just go here to my chart here on um The market Because we're talking about the market. Let's talk about the market here when I'm explaining when a gap is everybody see this trade A not trade but chart of the qqqs I'm talking to myself Angelo, I know you're listening Angelo, Angelo, you're an old timer and you have not done the class yet And I cannot believe it and you were going to do the class in 2020 And you did it and I have no idea why Anyways, here is a gap This closed here 360 18 that was friday today is monday This is monday everybody with me So we closed at 360 18 and we opened at 350 a 52 So what did we do? We gapped down boom We sold off then lower the day today was huge Big move down eight dollar move down for the market 350 32 everybody see it So this was a short it also was a gap down So in the morning I predicted the market would fall And I called putts in this market and it worked Now what is the gap up? Let's go over here market closed here gapped up rally Okay, you could could have gone long here now. Can you go long every gap up? No Can you short every gap down? No, you can't You cannot Over here Going back to last week. This was actually a gap up. It fell You couldn't have gone long and it made any money So you can't just always go in the direction of the gap Many people don't understand that but that's an important thing you have to understand as well This day over here was a gap down. We closed here gap down and we rally if you shorted this here You would have lost So I developed a rating system to determine When this is going to actually go down and when this is actually going to go up Do you follow me? Hello Wow, this is either a quiet group or no one is paying attention to anything. I'm saying I am talking to myself Ronnie's there Ronnie in miami beach Okay Let's go back to adobe Now I did not call any trades in adobe here today I wish like I wished I had to be honest with you But we did a trade in adobe the other week. What happened to adobe it fell So adobe closed here gap down dropped and then fell boom So I called an option adobe why it's kind of expensive So you can use my system to do day trains swing trains or options Okay Here was the options trade that was sent on the options newsletter wednesday september 22nd 9 a.m I called the adobe 620 putts that expired last week. They worked These were not cheap, but to be honest with you considering the price of the stock they were cheap one cost ten dollars So if you paid for one you could have spent a thousand dollars sold at 40 and made three grand This is a good trade. This is a 300 return on investment in one trade. Okay And I called this on the week before last week actually But the expiration date was last week and it fell last week If you took an advanced risk A beginner risk would be one contract advanced risk eight contracts risk eight thousand sold at 40 Profit 24,000 return an investment 300 So again, let's go back to this chart here. I called it on this day Okay For the following week and then it fell poof drop get the drop Okay But it fell again today too, but that trade was last week So again, how did I predict that adobe would fall through 620 keep falling through 620? That was this right Because I rated the gap using my system on the day that I called it which was on the 22nd Now the options newsletter is something that you can subscribe to separately You don't have to take my class to do the options letter and be a subscriber. It's an annual subscription I think it's very helpful though to take the class and I think that every person that takes the class Understands more what to do with the trains than people that have not taken the class But it is not a requirement It is a requirement to have taken my class to trade in the live room with me every day to do the Day trades because those trades set up fast and we will talk about some of those here too But I'm showing you how you can predict the direction of stock is going to go or the market by reading the chart It's the daily chart and rating the gap Which you would learn in my class And if you can do that you can make money because if you know someone's going to go up and you go Long it before it goes up you can make money if you know something going to go down and you short it Or sell it before it goes down. Guess what you can make money Knowing what's going to happen ahead of time Predicting it is very very critical in order to make money. A lot of people don't understand how important that is Getting the direction right is so important. It's the make or break it. It's a difference in winning or losing It's a difference between winning or losing Okay Everyone understand that Okay so In my class I teach a checklist That's how I make the picks the system I use to find the right gap each day is a golden gap 26 point checklist So I go through and I rate the gap boom boom boom Okay, and like I did this morning with facebook. I said facebook is going to fall today We shorted it in the day trade room and I sent puts out for the options newsletter before the open I knew it would fall and the market too I don't predict That it's going to do something before it does it in the gap itself though What do I mean? Well Let's go look here at the market tonight Market right now is trading in the after hours here. It's 504 at what number take it up. Look 350 312 ish give or take I don't know where this market's going to open tomorrow. So I'm not predicting that do you follow me? I'm not predicting. We're going to open up here or here or here here or down here I don't know. That's not what this is. I'm not predicting where it's going to get tomorrow I get up in the morning. I see the gap and then I rate it and then I predict it And that's how we got the short today. Do you follow me? And that's the case with even stocks too. I'm specifically talking about the market here But it could be the case for anything that I do adobe or whatever I don't know what earnings are going to come out and what people are going to say on earnings In in stocks, okay? That's not what I do. I wait until I see the gap Okay, then I read it Make sense show Why would you come to me and learn the system if you want to make money working? 30 minutes a day we trade in the morning We were done the less than 30 minutes with facebook if you want to day trade fast you come to me If you want to do options You do the option you put the trade in put a sell order right after you take it If you don't want to watch it if you want to watch it you watch it for the targets But it is a consistent way to make money trading gaps with big moves And you need big moves why because some trades I take lose not every trade I take works So I've got to have one more winners and losers And I also have to have some big winners like the adobe to cover the losers And that's how you get ahead That's how you get ahead. All right And also we get a lot of trades. There's a lot of gaps in any one particular day I mean, I don't even know how many things I did today again today was a busy day But you get a lot of gaps on any market condition earning season not earning season And I think the fall is going to be a very busy time to trade very Any questions here so far So what I do is look for the gap and I read it Okay, and getting back to what I was saying earlier when we started this conversation What are you going to do if things are costing more? You can cut back You can Buy less things that you want I find that that's bad for people Mentally and emotionally and puts people like in a very negative space You're better off even if it costs money and time and hard work And even if it doesn't happen the second like today or tomorrow Even if it's going to take you time to get there to learn this to do it And everything else you're going to be much better off and feel much more financially secure and Independent if you say I'm not going to let this thing set me back You know some things are out of our control Interest rates are out of our control inflation is out of our control Set the decisions that the government is making is out of our control. My god. Look at the last 19 months of our lives So and and it's again. It's about the risk So how much do you need to risk? Well, you can risk a hundred dollars a trade But then you wouldn't be looking to make a thousand in every day It's one to one So if you want to risk 500 you should be looking to risk 500 if you want to risk a thousand You should be looking to risk a thousand if you want to risk 200 you should be looking to risk 200 and so on and so forth Okay So you have to set your risk according to what the cash size of your account If you have a $5,000 prop account, I would not be risking $2,500 a trade. I would be risking a thousand dollars a trade. That's 20% of your account I would be risking maybe 250 300 500 at the most Okay Until you build it up to 10,000 If you want to go to a retail broker, you will need 25,000 minimum And if you don't know the difference between that and if you have questions, you can ask me now If you have questions about that, um, you know, again, I'm not a broker But I can certainly refer you to places if you're interested But you must have a live trading account to take the trains And you must have a charting system a charting package Because you have to be able to see the gap and you need the daily chart So here was a daily chart from the QQQs from today. Okay, let's take a look at it Start close to your gap down fell Well, actually not today. I'm sorry. This was the 20th rally This was last monday. Then we fell hard dropped rally friday. Now. This is today monday october 4th. We fell Okay so You can see here this beautiful sell-off So we shorted as a day trade facebook today, but last week It's a 28 We shorted the market So again Day trading means we're trading on margin. We're trading on margin. Okay, so If I take a train depending on You know where you have your account at a retail price or a part place you get 10 to 1 margin You'd get 4 to 1 margin Some places give more than 10 to 1 margin So you don't have to have if you're taking something like a thousand shares of something like the market or any stock The exact cash equivalent. Does everyone understand margin or buying power? We shorted the market last week at 365 60 If you took a risk of 2700 3000 shares We didn't add in it because I love the trade. It dropped. This was a big position But the total profit in this position was 29 100 it was a fabulous train Why was it such a big trade two reasons one size Two I was very exact in the entry and I got it and three it had a big move The stock dropped from above 365 broke 360 so it dropped really more than five dollars Okay, that is a big move even for the qqqs even at this price point You could have taken 100 shares of this with a small account You still would have had a huge strain Why because looking at your risk and looking at the move again and move more than five bucks So if you had a hundred shares, you would have made over five five hundred dollars If you had a thousand shares you would have made over a thousand dollars. Okay Any questions here You could have done an option in this if you didn't want to trade this on margin. We did I don't have that in here But there's so many different ways to trade If you understand the direction something's going to go or where it's going Anyways, you can do this for a career. You can do it for extra money coming in It's totally totally up to you the point is to learn it you learn it and you do it Okay, that is the most important thing you learn it and you do it And if you understand something it will help you take more risk How I may be able to take an advanced risk in a train Particularly something if I'm getting in and out really quickly or fast or even if I'm holding something overnight like an option Because I believe in it. I understand it. I've been doing this for a long time. Okay Understanding it helps you take the right correct risk or even hold a train And that goes to for whether you have a small account or a big account quite frankly So let's go over another one. We did here that was really good fdx Closed here gap down fell. This is on the 22nd of September We did a short in this we did a put in this and we did a day trade in it The put was the 230 puts that I call them in september 22nd It worked and uh, we did a beginner risk and an advanced risk here So you could see again if you want to risk a thousand dollars in a trade You could have made 13 65 126 percent return on investment again If you can risk 1080 you could have taken one contract for 360 dollars and still made over a hundred percent Of your profit. This was I'm going to go back to the day chart the 230s So here's the day I called the trade again in the pre market in the morning dropped fell boom boom boom This fell today as well So again, this is a beginner risk. Okay advanced trader risk if you took 20 contracts risk 7200 sold at 815 profit 9100 Return and investment 126 percent Okay, any questions So options or something if you don't know how to do them That's fine. You don't have to do them. You just want a day trade. That's fine You can be in the room and day trade and learn the system If you don't like day trading don't want to trade on margin You want to open up a cash account you can open up a cash account in a broker to trade options with as little as $2,000 It depends how it works for you how the system works for you. Okay Any questions. All right, let's go over the day trade in fdx entry was 230 to 35 This was the same day the same day september 22nd You could have done as a day trade and an option both one whichever A thousand shares was a risk of 2950. We added in this one too because I loved it exit to 2555 $4,400 a beautiful trade. So you could have done this both which we did. Okay Done the day trade done the option boom This rated as a good gap to drop a putt is a shorted in an option And a short is just a short where you're basically betting the stock price is going to drop and we shorted Okay, and that's again what i'm teaching people how to do in the class. It i'm so good at shorting I don't know why so many day traders are anti shorting people prefer to go long They're getting killed killed in this market in the last week I will tell you that right now people that cannot get off on what's happening here in this market Do not understand it, but I will find that in teaching people now for this many years as I have people do prefer to Veer to the long side. I don't know why but they just do any questions all right so One pick is all you need every single day Again today. We did facebook. I have no idea what we're going to do tomorrow I won't know until I get up And there's nothing for me to worry about tonight every day. We do something different I never know the strategy is always the gap strategy. That is always what I do I'm always focused on that it is a very specialized strategy And if you want to make money in the market, you need to think and act like a true professional You can't bail over the place. You can't go long and short the same stock the same day This is true Even if you're doing it on the side if you just want to make money on the side Like I said as an extra side job or career You still have to take it seriously. You still have to learn it take a class open an account Just because really doing something maybe five hours a week or something doesn't mean you can't take it seriously And you could end up making more money doing this on your regular job You have to take it seriously Professionals have specialized strategy systems and reasons for taking trades and you need to take it seriously I don't know why people don't to this day I I don't understand why people think they can watch a free video on youtube and learn how to trade and they will Take a stranger as a complete and total stranger's trade on reddit on that reddit trading forum people that They don't even know or they're chatting with they have no clue who they are or why they're doing things They will take a train and they will take and risk their own money and trades from strangers That they earned their own hard-earned money and people would do it and I do not understand that at all You must think like an intelligent normal professional person Okay It doesn't matter if you're trading at home in your basement. You still have to act like you're on wall street wearing a suit At least if you want to be successful Okay, it is in your head is the decisions that you make you got to make good decisions I make good decisions. I make good decisions with my money. I wouldn't be here if I didn't Okay The fact is when I started out trading I lost I didn't start making money immediately. It took me three years to figure the strategy out I did not know what I was doing Luckily, I made good decisions with my money that I could continue to train because I did trade with my own life money I worked full-time and taught myself how to trade at the same time. It was a very Grueling process and a difficult three years of my life, but I did it. I did it And you know, I made good decisions about my money during that time. You can't blow up your account If you have $5,000 you can't you can't risk it on one trade You can't do dumb stuff and people do all the time. I just don't understand why and I'm saying this As someone that has been teaching people now for 10 years You've got to focus on one strategy You have to be effective and efficient gaps are efficient because they have big moves and they work quick And when we get stopped out, we're out quick If we hadn't gotten stopped at facebook, I would have known right away in five minutes. It didn't happen It didn't happen. We were up in five minutes instead, but you know, again I'm not wasting my whole day if something doesn't go to work So in order to be successful trading you will have to be consistent You can't lose money to zoom Wednesday Thursday Friday make money on I mean money to zoom Wednesday Thursday and then make money on a Friday and expect to get somewhere with it You've got to be green in most of your trains most of the days Okay consistency counts So how are you going to find and pick which gaps to trade you're going to rate them using a system This is what you'd come and you'd learn from me. That's what I do And people always say we're ready to find gaps through everywhere There's plenty of things to rate So that's not the point. It's that many things are not good So you can make a list of 500 gaps in the morning if you want a lot of them are going to be crap So I tend to narrow it down Excuse me to just a couple things that I look at and rate each day And I try to narrow it down to do just one But my system is called the golden gap. It's a 26 point professional bearish gap rating system The purpose of the system is to help you evaluate which gap to trade each morning using a checklist That is the meat and potatoes. That's how you're going to do it And again, if you're new, that's the benefit of being in the room. I'm telling you facebook is good Facebook is a short. This is the target boom and you follow along Okay, I'm calling the trades live in the room And if I'm sending out a newsletter like the options newsletter, you take the trade after the open when I send the train out Okay Until you learn it until you get a down pat So the golden gap system teaches you how to find stocks to trade that have number one a high probability of direction of bias for the entire day Number two big moves on the day number three early confirmation of my bias and the move between 9 30 and 10 a.m Eastern and precise entries with follow through and a good risk to reward Okay So the philosophy behind the golden gap system It means to analyze a large time frame to make the trend decision on the direction of bias for the gap All large traders of every kind look at large time frames to make decisions particularly institutional traders. Okay To make entry decisions and exit decisions based on a small time frame That's important too Which is what the one minute chart? This is a high degree of focus and accuracy Using the daily chart to make the decision for the stock pick allows for accuracy in the direction Using the one minute chart allows for good risk to reward trains with accuracy Okay So I get this question again. How many trades during earning season? We will get Three to five trades a day more depends on how many trades you want to do And in non earning season you'll get three to five a week So right now it's not earning season We had a busy day today But to be honest with you this week is probably going to be slow compared to two weeks from now When earning season starts will be even busier So it's plenty of trades plenty of gaps and plenty of trades and plenty of things to keep you active But I follow the system if I write the gaps in the morning, there's nothing good. We don't trade We don't do anything and if I rate and then we get three we can do a ma doesn't mean I'm doing the ma I might call them in the room, but I like to focus on one for the day trade However, I will do multiple options because that's less for me to focus on because I can let them run out Because I can stay in an option a little bit longer. I don't have to get out of an option by four I have to get out of the day and trade fast because the market closes it for Okay So the 26 point golden gap rating system helps you pick which stock to trade each day That is the purpose of coming to me That is the main reason to come to me to learn my system to do the class so you can do it yourself And as long as I'm running the business I'll be able to call the trades in the room and on the letter But if you learn it you're going to be able to do it yourself without me and it works Now like I said, I've had the business for a while now people have come they've come they've left they come back I've had people that have stayed You know It's really up to you But the support system I offer is just hand down the best because I will answer people's questions individually and help them And a lot of people don't do that It's not that I'm not busy. I am I want people to get it. Okay Any questions here so far I feel like I need some water. I don't have any next to me Anyways the system pinpoints ahead of time Which stock will have the move in the day with volatility to trade having a checklist keeps you organized and focused Having a checklist forces you to look at what you should be doing on a chart in order to For the stock to make the correct direction having a checklist helps assist you with directional bias Having a checklist keeps you on track to reach your goals Which you want you want to reach and the problem with the period we're in now right now of inflation is people are behind They're behind And that's the problem If people are paying more for things and they have less money in their bank account And and again that wears on people emotionally besides financially People don't like to feel that they're behind in anything A checklist is a plan of action everyone that puts money into the market should have a plan of action A checklist on a professional level all high income career field specialists have checklist Like if you were a pilot you would have a checklist Any questions So let's talk about the 26 points. Why do they work the point rating system works because it is such a detailed analysis of the price action It also works because everything that is being looked at in each point uses a daily chart of the stock The daily chart of a stock is the most powerful and real indication as to the trend in a stock for any trader of any kind And the price reading on the daily chart Tells you everything you need to know about who is controlling the stock and in what direction You must get the direction right on the daily chart if you want to make money trading That is very very important I said that earlier like you wouldn't have made money today if you went long at any point in time today If you went on the market or facebook you would have lost would have been impossible to make money And it would have been impossible to lose money if you followed the trades that I called today Which were all shorts But we try to get in as early as possible. I think that's important Why because then you can decide where you want to get out You can hold it if you want to and get out of half of you want to you can do whatever you want to do Okay, what is it about gaps that make some so profitable big moves momentum All of those things are very important today was a clear indication of that So again, why do gaps move so big because they are moved by large institutional money Not every gap, but the gaps that I do are So again, I'm not playing every single gap. In fact, there's less good gaps than there is bad gaps So I'm trying to find the few that are good, but the few that are good are made with what large institutional money That's what makes them move They're not made by retail traders Again Retail traders for the most part do not move stocks in the market GME is a phenomenon Something odd and rare and not normal and that only happened on like two days in that stock As of now the stock has been tanking and people are along it thinking it's going to go back up again And it's not okay That was an anomaly In general, I'm looking for the good gaps What I call golden gaps and gaps are created with large institutional money That is what makes the gap the professional gaps that happen and play on in stocks are formed by one thing And one thing only large institutional money Therefore, you need a way that will help you pick the correct direction to play the gap And then confirm that the large money will flow with it By having a formula to rate and qualify the gap you get confirmation That's what I'm looking for in the rating the confirmation And the conviction that the large institutional money is on your side, and then you play it You saw that today in the market. What what did you have today? You had selling Okay, you had big selling today Facebook's a good example of that again gaps are an event and create a sense of urgency That's an action is being forced by participants of the stock This is why gap trading is incredibly powerful trading gaps is a powerful and profitable way to train because you're trading on the side of power money Which is again How it makes it easier for you to make money because you're never going to move facebook You're never going to move the market. You're not going to move amazon either. You can't that would be impossible You could throw your whole account in it. You're not going to move it All right You've got to go with the big money and you will allow that to move your position okay any questions So let's talk about training with size The only difference between a beginner trader intermediate trader and an advanced trader is size A trader cannot risk more money per trade and take size until they know how to accurately trade over a period of months However, trading with size is the goal Okay, one play with size can make your whole week two or three great plays a month can make your whole month And months when you get lots of huge plays to dream targets That's fabulous. We're in that period right now. Things are really working very well. Okay and It's just like You know spread and butter on a bagel You know, you got to take advantage of the good times. I'm not saying that we continue to sell off We might be going long tomorrow. I don't know again. I am not predicting the gap I get up in the morning and raid the gap and then I make the determination But I will say that I do think this fall trading people a period will be volatile You have to choose your risk based on the size of your account But the more you risk the more you can make obviously if you short something with 5 000 shares and it drops a dollar You can make what five grand show as far as how much you want to make and the money you want to make per day You have to look at the size of your account to make the determination But the idea is to grow it to to to step it up over time to do well. Okay Any questions and quiet group tonight? Are you mesmerized by everything i'm saying? Anyways, let's talk about the brain fast trading and the brain So my brain works very fast That's a good thing if you're following me because we get the trades quick Okay, you got to get used to it. You'll learn it. You know, we're looking for you'll do it When you're in a mode where you're doing the same thing over and over and over again Your brain will work fast too. You train it to work fast. That's what you've got to do Because in trading you've got to make split second decisions sometimes quickly that could be in or out That could be getting out of the trade with money. Okay Lots of traders do not understand how their brain works and then train their brain actually to make bad decisions poor decisions poor judgment We were talking about that earlier Okay Ultimately if you want to do this it could be a side gig for you to make extra money You don't have to do it full time. You could trade one day a week in the room Whatever extra money you can make might right now will help you There's no Nothing bad about trading whatsoever at all If you can do it and be successful and make money It would be a positive thing to your life Okay, the problem is I think for many people that have been trying to go out this for years and years and failing Is that they end up having a negative attitude about trading or the market or don't believe that will ever be successful But that's simply not true There are people out there that make money from the market The problem is that many people don't know what they're doing and if you're losing you don't know what you're doing Just admit to yourself that you don't know what you're doing Admit that you have to come to someone like me and pay me for my knowledge because you don't have it And again, it took me three years to figure this out It was not easy and many people would not have taken that amount of time that I did invest it in it But on the type of personality that I never give up on anything never I will stick to it until we get it. Unlike that with trades I'm like that with trades quite frankly. We were shorting face But then shorting it shorting it shorting it shorting it shorting it shorting it until we got the drop So, you know, I will just lean into something until I get it and get what I want and never give up A lot of people don't have the personality But again, that's what makes it a benefit thing to come and trade with me. I like to win I want to be successful You want to align yourself with successful people and people that want to be successful that is important But if you feel like you're a slave to your job, whatever the hours are giving you They're not getting their raise or whatever the case may be You're not asleep. You're not That mindset is not getting you anywhere Okay So don't make people let you feel like that Your own self-worth has to do with you You're an intelligent person. You can get this. You have to learn what to do Anybody can learn what to do. It's knowing what it is and understanding it This isn't brain surgery. Again, I teach the class in a weekend While you may not know 100% of everything after the weekend on the sunday at five o'clock You're going to know a heck of a lot more by Monday morning than you did on Friday And then you ask questions, okay? You have to take charge of your own finances and you have to take charge of your own life And that is just the reality. There's no point in whining about it or complaining about it again No point in whining about inflation or cost of goods things things going up There's no point. I've been in New York for the last 19 months. It has been the worst time probably to ever live in New York City I'm still here Whether I stay or not. I don't know but the fact is I'm still here and it has been a terrible time to live in this town There's no point complaining about it. I can leave tomorrow if I want I don't know what I'm going to do There's things that happen in life that you can't change but luckily we're all independent people You can make your own decision. There's no point in complaining about inflation There's no point in complaining if you paid for classes and didn't get anything out of it What's the point in complaining? There's no point in complaining if you lost money in the market. What's the point move forward Take today is the first day and tomorrow is the first day that you're going to move forward and have a positive attitude Learn something different and change it and turn it around You you can move forward in your life and even your training if you just look ahead instead of looking back I find that a lot of traders are stuck in the past and they're constantly second-guessing themselves and looking back Okay, they allow the negative things that happen in their life to affect them going forward You're just working against yourself if you're doing that the only solution if things cost more is to earn more That's it. Again. We talked about that earlier These are the choices or you do without and I find that even people that say they'll do without they're really not Okay with it. They say that they are but they're really not So to me that really isn't even an option Any questions here So the class is called the golden gap course that I teach the class is this weekend for october It is october 9th and 10 It is a strategy in how to trade gaps the course teaches a 26 point rating system to find the best stock to trade each day The course also teaches you how to play the stock on the day The course teaches you chart analysis and technical analysis on an advanced level The checklist is invaluable. It tells you what to trade and look for every day. That is how I make the picks We're trading momentum today. There was selling momentum tomorrow. You may have buy momentum It's the idea of the explosive move the big move It happens in gaps and again if you think about it that makes sense This is how you can make a lot of money because you're getting the big moves. That's how they're risk to reward payouts You're so high. That's how you're getting a hundred some percent 300 some percent in the return and investment rates. That's how because of the momentum Okay, and the volume in these stocks too And then again, whether you get out quick or you hold something that is totally totally totally up to you Depending on your schedule on how much time that you have to train But do not waste time trading in the market if you're losing money with doing a strategy right now that isn't working It's just silly. It doesn't make any sense. It's like standing at a slot machine at a casino And continuing to play at hoping that you're gonna that you're gonna win and keep throwing money into the machine Okay, don't waste years and months of your life doing something that's not working or that you don't have any Conviction in anymore you have to have conviction and again, that's something that I teach in the class It's conviction in the information and then you get that conviction once you start to do it in green It's amazing how people start to make money with me and then all of a sudden it changes their whole mindset In the market if they've had a negative mindset before but they've got to get to the point to top themselves into doing the class I mean I had a guy that signed it for the class over the weekend. I I don't know how long he's been following me I think most of this year 2021 And then I called all the trades today that he got And then I mean he knew he knew then that he made a great decision to sign up And I he ended up calling me. We talked in the phone, you know, obviously he was happy Immediately that he finally decided to do it. It took him months took him took him months and months and months He's been following me almost the whole year It took him that long to decide to do it and in one day All of these trades worked and he saw the system working then and he hasn't even done the class yet He's he's paying. He's doing the class this weekend But he'll understand it better once he does it Any questions here? I'm almost done. Kathy. Thanks for letting me stay. I know it's a little bit after 5 30 Anyways, when you have conviction and trading strategy, you can produce positive results And when you do not have conviction of trading strategy, do not expect positive results This facebook worked. We've been shorting it for weeks. I knew that it would drop I really was looking at that 350 area, which it broke the other week and then 330 which it obviously broke today And again, who knows where this goes But people are making money with me. I received a lot of nice emails today. Obviously people did the trades They're happy, you know, you can turn your year around even in three months That sounds crazy, but if you've been losing money trading all year, you can turn it around in three months The way that I've been calling trades. It's about the opportunity. It's about the knowledge It's about taking quality trades again making good decisions. That's so important So if you decide you want to sign up for the golden gap course, it will teach you how to make money in the market It will teach you how to get conviction the market's ability to pay you. That's what why you're doing this Okay, it will teach you the correct way to trade gaps Many people don't understand gaps or do them incorrectly It will teach you a consistent strategy to use for swing options and day trading. Okay So empower yourself today Trading is an individual job It's something you can do by yourself, but it definitely helps to have a mentor Someone you can call and ask questions to some of you can email. What do you think about this one? That one? The target? Whatever? It's helpful And I try to go over the market every day in the room even in days. We don't trade the market So the golden gap course is a complete system to use to trade All the pieces of the puzzle together for you to understand it and do it So it is a full two-day course in how to strategically find pick and play stocks at a professional bearish gaps You will learn how to short gaps classes online And it's this weekend, okay So the class tuition is $6,999 9 a.m to 5 p.m eastern time a class on how to find pick and play professional bearish gaps If you want to sign up you must email me you cannot sign up on the website You email me for the forms and you fill them out and send them back to me I am doing an earning season special for this week a fall sale Which is a great deal because you can trade then all earnings season get all the trades for the options letter And the room to the end of this year with the normal class price There's normally a subscription price for the newsletter and the trading room Deadline for that is friday october 8th Any questions from anyone? This I put this in here. If you had done my class last year the price of the class was the same I have not talking about inflation. I have not raised the price of the class But everyone that paid for the class in 2020 The same class would cost really a look at inflation 5.7 percent higher almost 7400 dollars So i'm sure the people that paid for the class in 2019 and 2020 were glad that they paid for it last year Don't wait if you want to sign up. Don't wait Again, things are costing more. I have no plans at this moment to raise the price of the class But who knows? At this rate your dollar the value of your dollar is decreasing because of inflation I talked about that on friday on fox news That is not good for any of us particularly if you have your money in a savings account where you're earning 0.0001 You've got to get ahead of the game. How do you do that by earning more way more than 400 dollars? Way more than 0.001 interest way more So don't wait if you're interested and you can get somewhere with your trading If you want to travel for the run this week email me Melissa at the stockswish.com Any questions from anyone at all? Thanks for letting me stay a little bit later caffeine Angelo, I don't know whatever happened to you. I'll email you later You were going to do the class in december of 2020. That was almost a year ago and you never did I don't know why I remember talking to you Mario, I don't know if we ever spoke Ronnie. I've seen you. I think at other webinars If you want to travel to the room email me again, you have to get the password. It's through hotcom though Okay, very good Have a wonderful day everyone or wonderful evening You're welcome