 Welcome, this is Melissa Armell and I'm reviewing the play of the day and the stocks will show live trading room, which is S F I X So this had earnings last night gap down last night on the earnings gap down this morning and followed through lower And so when you're looking for what stock to train each day You really have to be very very focused because if you don't get the direction right you're not going to make money So I try to prepare Before the open and sometimes you can even do it at night like last night You could have rated this last night and I choose the stocks I'm going to watch right into the open based on my rating system So this is me if you'd like more information you can email me at Melissa at the stocks will she calm or call me at 929 3200 gap you can follow me on Twitter Facebook YouTube and Skype So day trading is really one of the best jobs in the world because I think when you choose if you want to do this And if you really want to get serious about it the world can open up to you The market opens up to you the idea then of not having a cap on your salary opens up to you And this is very interesting because a lot of people in their mind Usually are paid an hourly range or a salary I've worked commission jobs for most of my life before I got into trading and so for me It was always about the harder I work The more I made and so when I started trading then I understood the concept of the more that you risk the more that you make But if you're used to doing an hourly wage job, this may be a new concept to you So you kind of have to open up your mind and think about the possibilities of what you can see for yourself and your life and your future So one of the nice things about trading is you can live anywhere in the world and do it You can even be in a foreign country All you need is access to the internet and a brokerage account set up and obviously you have to follow good system Which is what I teach in my class and how I chose the SFIX So if you learn my golden gap rating system, you'll see that it rates a certain point every gap rates a point It's a point system. So it's 26 points. I look at 26 is a lot of points But I usually use 20 is the cutoff Sometimes we'll do a 19-point rated gap, but a 19-point rated gap is a 50-50 chance of working a failing So I go by the odds 20 points or more tells me it's a high odds of working because 20 points is a lot so this had 21 which was really good and Again, if something's under 20 the rule is not to do it. Although occasionally we'll do a 19 point But I'm never doing anything that's like 14 15 16. I'm just not doing those Anyways, let's take a look here what this did Closed here the night before boom gap down in the morning fell. So this was a short and Here you see actually this is a daily chart. So, you know, and this is a one-minute chart So you can see here the close of the previous night and then the open fell and actually I call this in here But I thought this shot was too big some people did it and then I said wait a minute It's just gonna go we got to get it boom and then called it Got the drop and then I actually called a third trade in here Which should follow through lower lower the day and this was 1840, which was a really nice move. So anyways the entry 1972 stop 2050 number shares quantity. There's an advanced trader risk 3000 price 1905 for the exit and When you look at something you're saying, okay, I'm gonna take it. I'm gonna get in you're always looking for a move Sometimes the move is 50 cents. Sometimes the move is a dollar. Sometimes it's 70 some cents Whatever it happens to be. This is not an exact science when you're out money again common senses You got to take it out. So profit today in this 2010 dollars. This is an advanced trader risk Now if you are a beginner trader, that's fine, too You still could have made a good amount of money in this today. You could have taken 300 shares Very easily got filled got in got the drop again profit 201 dollars so usually again, we're looking for a dollar move sometimes. It's a little bit more sometimes It's a little bit less. Okay, you have to play it as it comes although this did go further Like I said, it almost got to 18 it got to 1840 and 18 dollars would have been the dream target in this today I don't usually hold everything to the dream target. So if you're gonna follow me in the room You're gonna get the move you're gonna get in you're gonna get out Anyways, I use a checklist. This is what you would learn in my golden gap course It's invaluable to me and this is really like finding gold in the market because when I find a ticker symbol stock like this one here That we did today. It's it tells you it's it's again It's about odds you're going with high odds if you're gonna find something and it is the focus because I'm looking at one thing So it makes it a lot less stressful when you're focused on one thing So many people come to me and they they say well, I want to make money. I want to do this I want to do that. Listen, it's great to have dreams and I encourage people to have those dreams I have dreams too and I did ten years ago I do now my dreams are constantly evolving, but you have to take action towards those dreams If you have dreams and you're never willing to take action or take engrossed to create those dreams or actually make them happen Then you're gonna be sitting in the sidelines watching life pass you by. That's hard to believe but it is almost 2019 less than a month away and Just this year just flew by for me So, I mean, I don't know about you but for me this year absolutely flew flew by So if you want to learn how to trade and learn a good system a high win ratio system I teach my method and my system in the Golden Gap. It's called the Golden Gap rating system And I prepare for what I'm doing in the morning before I trade And if you want to make sure that you are successful for the next calendar year, I'm telling you 2019 is going to be a crazy year in the stock market But if you're a day trader, that's good because you will play on the volatility then to make money I teach my method in a class called the Golden Gap course last class of the years December 15th and 16th 9 to 5 Eastern time cost of the class is $59.99 that six grand US dollars classes online You can be anywhere in the world and take it and I do have a combo course It's the Golden Gap and the trends and it's a two-for-one. You can do both save $500 $64.99 is good for swing traders options traders and again to help your day trading to look at long-term trends Because the stock swish is now six years old, which is happy birthday. Happy birthday to the stock swish it's hard to believe six years have had the business and it's been very successful and So when you think about it if you want to join if you're ready to do this I'm offering a special for one-year free in the trading room if you do the class this weekend in December last class of 2018 and then you would join the room again one year free So I've started teaching like I said about six years ago And I was saying this to someone on the phone today The irony is one of the reasons my system is so good is because I did not create my system to teach a single solitary soul I created my system for myself and then later down the road It became a thing where my friend said oh, you know Maybe you should teach us to people and I realized that I did have a voice when I began YouTube videos But my system really works so well because I didn't create it to teach anyone I created it for myself and So I wanted to do well myself. It was very self-invested in learning how to trade the market and determine price action And I did it so if you'd like to sign up for this weekend's class Deadline is Friday December 14th You get the live trading room free from one year and the class you just pay the class price It's $59.99 so if you'd like more information and if you want to sign up you must email me to do so the forms You must get from me. They're not online yet Email me at Melissa at the stocks wish calm to register. You don't want to miss out I think next year is gonna be a great year this year was but I think really next year We're gonna be able to capture a lot of moves a lot of moves like we saw today in the stitch fix and even moves in the market Have a great day everyone email me if you're interested in the course