 And I believe she's on the call with us right now and she'll be speaking to us about making money trading volatility. Okay. And to start it off, Ms. Armo unmuted. Are you live with us? Yes, can you hear me? Yes, I can hear you loud and clear. I will switch over the controls to you right now. And the audience to see your screen very, very soon and whether they can you have the floor. Let me know if you can see. Yes, I can. That's Manhattan. Let me just make sure where if I see people with the questions, how do I see the questions? I'll send it over to you right now. Okay. Okay, wonderful. Excuse me. Can everyone hear and see the slide? Happy Saturday, everyone. Beautiful day here in Manhattan, very sunny, actually supposed to be up to 62 degrees today, which is really weird. Two days ago was 25. So I don't know, crazy weather to start out 2020. But definitely the year has started out with a bang. So it's interesting because we're doing this webinar today, Saturday, and we saw an extreme bullish move in the market this week to start at the full week of the year. And now next week, guess what? The Chinese delegation is coming to Washington supposedly supposedly they're going to sign the trade deal. I don't have 100% conviction that's going to happen. But what if it does either way? We're going to see some a good week. This is going to be a good week for the market. If you know how to play it. So that's the key. So volatility doesn't necessarily mean going down volatility means something unexpected. Something could keep going up that you don't expect something could could go up and you think it's going to go down or vice versa. Okay, volatility is something that happens is totally unexpected and in a big way. Okay, and as an individual trader, I'm an individual, you're an individual when we're looking to take positions, we want to have big moves. That's how you can make a lot of money. And I heard the previous person talking about Tesla. That was the trade of the week this week. We are going to talk about Tesla today as well. So this is about making money trading in a volatile market and how to get the trading results you desire in 2020, which obviously when you start new year, you want to start the year off right. There's no time like the present. Okay. And if you have questions, you can go along. I'm seeing them here now. I got the the jiggy up. I will see the questions as we go along today. If you want to reach out to me after the webinar later on in the week or this weekend, you can email me Melissa at the stockswush.com or you can call me at 929-3200 gap. You can follow me on Twitter, Facebook, YouTube or Skype. I do appear on Fox News, Fox Business Network, CBS and Monday afternoon around one o'clock. I'll be on Ameritrade so you can tune into Ameritrade Network. I'll be talking about some earnings that are coming out Tuesday. We have the banks reporting on Tuesday morning. So I'll be talking about those on Monday on Ameritrade. So let's get right into it. So this is a year to have amnesia about anything that happened in prior years, whether it was 2018, whether it was 2017, whether it was 2019. If you've been trading for the last 10 years and losing, let it go. There's a lot of meaning behind numbers, not just in the market but in life. This is my belief system. And so 2020 can really be the year when you turn things around, if in fact that's what you want to do. Now, if you're floundering, if you're still in that floundery, floundery mode, today is January 11th, you got to get out of it. Because the new year is here, it's a new energy and I'm telling you, the trains that we saw this week have really sealed the momentum for this calendar year. And I'm talking about the market too. And we're getting into an election year. 2020 is an election year as well. Again, look for volatility for that too. So when you start out and you're starting out a new year, think of it like you're going up the stairs, you're getting to the top and don't worry about things that happened to you in the past. And trading is a process. Not doing it per se, because when you start out, you may have wins, you may have losses. But it is a process to get to the top, to the destination, where you're going to get good, to get really, really, really good. And when you get really, really good, does that mean you never take a loss? No. There are days that I take losses. Trading is about high odds. Okay. You have to look at high odds and you look at low ads. So I have a strategy that I look at. It's based on stock scaping. We're going to talk about today, but it's about odds. I look at high odds. Nothing is 100%. You don't know. But I'm looking at high odds. I want to take trades that have high odds of working. Okay. That's how you have more winners than losers. Because ultimately trading is a skill. The knowledge, you do it. You constantly, constantly practice, learn the knowledge. You practice a skill. You get better over time. So I started trading in 2008. Now here it is 2020. So 12 years. So I'm the best I've ever been now. I'm hoping to get better. So as time goes on, you should be getting better and better and gaining your skill. Now you may think, well, I have good skills, but if you're not making money, then the skills aren't good enough. The skills aren't sharpened. As fun as trading is, and as fun as looking at charts is, the most fun thing really is the profits. Okay. And that is the goal. That is the goal that you're going up the staircase to get is the money. So you want to see profits, whether it's profits per week, per month, or by the end of the calendar year. Okay. So the preparation that you do today, January 2020. Again, first month of the year. That's going to help you to see the success that you want to see fast forward December 2020. One year from now, January 2021. Okay. So all of the steps that you're taking today will lead you to the successful path and to the destination that you want to get on tomorrow. So you have to take the steps. Everybody, everybody, we're living this very environment where it's like right now, the second, I want everything yesterday. Me, me, me. I get it. I'm an impatient person myself. But when I look back and when I began trading, it's just, I, if I had just had a teeny weeny little bit more patient, I probably would have taught myself, which I did teach myself how to trade. I would have, it would have been a smaller, less, it would have been a shorter road for me and it would have been less difficult. But I threw myself into it, wanting it to happen immediately. And sometimes things just don't happen that way. So once you have that proper mindset, you'll be a lot better off. It doesn't mean you can't make money right away. So it doesn't mean that you, that you can't. I'm talking about the amount of money, the amount of money that you want to make. A lot of people want to start out and I've heard some absolutely ridiculous things where people say you can take $500, make 20 grand in a month with a $500 account. That is absolutely absurd. It's completely, completely absurd. As good as I am. And I'm fabulous at what I do. That would be impossible. So once you understand that the goals you want to achieve financially, the amount of money that you want to make is possible that you get on the road and start taking the right steps with the right knowledge, preparing yourself to get to that point where you are doing this for a living, where you are making the money that you want to make. Once you see that that's possible, you're going to see that's possible from green. Green on a Monday, green on a Tuesday, green on a Wednesday, green on a Thursday, green on a Friday. Green, green, green, the series of gains will make you realize, oh, I really can do this. And your confidence bill is all along. Does that make sense? Okay. Someone's asking how much money I made in 2019. Well, I do a combination of options and day trades. We're going to talk about both today. You can go subscribe to my YouTube channel if you want to see the tracking for the trades for 2019. Galar, Galarado, if I pronounce your name right. So anyways, my risk portrayed though, Galarado, is an advanced risk. So we're going to look at advanced risk today, but the point I'm trying to make here is I'm risking an average of $2,000 a day trade. If you can't risk what you can, it doesn't mean you'll never be able to risk $2,000 a day trade. It means that you risk $100, you risk $200, you go up the ladder. That's the point of the staircase that a point I was trying to make. So when I look at a return that I'm trying to get for the risk, just to give you an average, I'm usually looking to flip it over one on the day trades, okay? And 50% to 100% on the options. So if you're risking $2,000, you're looking to make $2,000. If you're risking $100, you're looking to make $100, okay? So if you risk $100 a day in a day trade, you should be looking to make an average of $500 a week. If you're risking $2,000 on a day trade per day, one trade a day, you see how the money adds up. What the point I'm trying to make is that if you can't afford to risk in advanced risk-rated ways, just making any gains will get you there. You will get to that point tomorrow, okay, by doing the necessary preparation today. When you have absurd expectations, it's problematic. It's not only problematic for your confidence, it becomes problematic for your actual account because then you will chase stuff, you will take wrong actions, and that's not good for you for your progress long-term, okay? So take away the positive to move forward. Whatever you learned in the past, the positive stuff taken into 2020 into this year and the negative stuff, don't look back, okay? If you have big goals, whatever those goals are, whatever you consider big goals. Again, I live in Manhattan, so what I think of as a lot of money is different from what probably somebody living in a different place thinks of a lot of money, okay? We all have different ideas of what rich is, what wealthy is, what can sustain us, okay? So write it on a piece of paper. Again, it's January, so by the end of 2020, I'm gonna be making this much money in the market per week or per month, okay? You look at it as a journey. It doesn't mean you go hog wild out of the game. So it's about the idea of becoming stable, financially independent, stability, long-term, okay? Make sense? Anyways, we're gonna talk about two different types of trading like I was saying. Day trains and options trading. There are many different types of traders. We are focusing today on day training, but we will talk about some options. So what type of trader are you? Short-term, short-term, what can you afford to risk per trade? What size account can you open? Okay? You have to think about this too. It is important for you to know which category you fit into first, and then you set the proper expectations for yourself. Before you even begin to risk any money in the market at all, you should have a strategy that you follow, which we're gonna talk about today. My strategy is gaps, okay? And I don't think it's necessary to have a mentor, but I do think it's helpful. So I call trains live in the room. I give the entry to stop, and I give the exit, okay? If you decide to take my program, you can join the trading room, and I'll call all the trades live for you money through Friday. I think that is very helpful. Now, I teach in the class, if you want to trade by yourself alone, you can, I teach you how to do it. So it's not like you have to rely on me forever, but I definitely think having a mentor is helpful. Again, we're gonna talk about Tesla. This week was a very interesting week, because I called a bunch of trades in Tesla on the options newsletter. So there's a newsletter I have where I call the trades. The trades get emailed to you, you take them. People took some of them, didn't take others. I think people didn't believe the call it was making that Tesla would go the way that it did. Some people got some of the trades, and some people didn't do all the trades, because they were almost shocked. But having a person directing you, guiding you, is very, very helpful. Okay, and then hopefully at some point, you'd be able to do it on your own without my guidance. Now, there are two types of accounts you can have. One is with a margin account for the day trades, and one is a cash account if you want to do options. Now, you can have a margin account for options if you want to. That means if you want to get in, out of options trades as day trades. And again, we're going to talk about gaps in many here, but just want to talk about these different types of trading. So when you have a margin account, are these cash positions? No. Day trading is done with a margin account. In, out, in, out. Sometimes we're in and out. Five minutes, ten minutes, three minutes, okay? You're making the money between 9.30 and four, and you're out and you're flat. So you receive margin from the broker. You can open up a proprietary brokerage account, or you can open up a retail brokerage account, okay? Broker margins vary from two to one, four to one, or even ten to one, depending where you go, but you must be out by four on all day trades, okay? Now, the options sometimes we hold overnight, but I'm really not doing the options that far out in advance either. You can do options as day trades though, too, but you'd have to have a margin account for that. But either way, if you're day trading, just so you understand, because some people don't understand this and I feel the need to explain it out of the game here, you're not outright buying the stock, you're not outright buying it. You don't need a million dollars cash to take a position in something like Tesla, okay? You understand, it's you're trading it on margin, or you're doing the option, and you pay the cost of the option contract. So my system can be traded with any size day trading account, but the amount of money you risk per trade has to be in accordance with the size of your account, okay? You need to have a chart, and you need to have a level two to take trades. I do not trade penny stocks. I think they're crap, new low float stocks, something like that. I'm looking for institutional buyers and institutional sellers, and my system pinpoints them in the gap, okay? And all the stocks we trade are volume. They're actively traded in the market, and they're mostly our mid-price range, although I will say Tesla was on the expensive side. But if you want to trade options with a cash account and you're limited, how many you can get in and get out? Or if you want to set up an account, you can open up an options account with as little as $2,000, okay? Again, your risks will have to be in accordance with that. You would not obviously risk $2,000 in one trade if you only have $2,000 in your account, okay? You have to think normal when I'm talking about this, and I'm explicitly saying this here, because I find that people have these overblown expectations, not in general how much money you can make in the market, but how much you can take and how much you can make. Do you understand what I'm saying? Okay, let's talk about trading again. You can work from home as a day trader. Now, why do people find trading hard? They very often second-guess themselves. They don't have conviction, and they very often do not get the direction right, okay? They just don't get the direction right. They think something is along when it's a short, okay? And they're not focused. So, here was McDonald's. This is one of the top day trades from 2019. Again, this is back in October 2019. Stop close to your gap down. Now, what do I do? I get up in the morning and I look for gaps. This was a gap. This is before this happened. I rated the gap using my system predicting the stock was lower. It was a short. You could have bought a putt. You could have day traded short. You actually could have done a swing trade to the downside too. Shorting it, okay? Now, stock was up here. What is a gap? A gap is a difference between the close and the open. Stock's gap down. Stock's gap up. Let's find a gap up here. This is a gap up over here. This was back in September. This is a gap up in here. This was in October. This is a gap down. This is a gap up. This was a gap up. This was a gap up. This was a gap down. Not all gap downs can be shorted. Not all gap ups can be bought. Okay? So how do you make money in the market? I get up in the morning in the pre-market. I'm looking at the pre-market data. And I go through my system to determine what this stock, whatever's on my radar, this happened to be MCD, is going to do. And using my point rating system, I predict that the stock is going to move lower. And then we wait to the open to do the trades. So I'm not trading in the pre-market. I'm not trading in the post-market. Okay? Does that make sense? Any other questions? So, what I'm looking at is the first part of the day. The first 30 minutes of the day. The first 60 minutes of the day. That's what I'm focusing on. But either way, even if I'm holding something overnight, it's in an option where I have a set risk. I have a fixed risk. So even if the stock goes against me, I only would lose the cost of the actual trade. So it's not in a position in margin overnight. And that's very important if you don't understand as well. All the day trades we use stop. So put the stop in. If it goes over the stop, we're going to talk about one here today that got stopped last week. If it goes over the stop, then I'm out. That's how you control your losses. Okay? So how do you make money in the market? You have way more wins than you do losses. So day training is not investing. It's your producing income. You're chunking it out. You go in and take it out. You go in and take it out. You go in and take it out. When the opportunity arises, but you have to be able to look for it. Okay? And again, set your goal for yourself. Say you want to make $250,000 by the end of the year 2020. Okay. How are you going to get there? How much money do you have to start today? And this is on an average if you be risking about $1,000 a trade. Now, if you can't afford to risk that now, then you back it off for what you are so that by towards the end of the year, you're at that point or however long it takes you for you to grow your account. Okay. Now this was a trade. This was on the 6th. Everybody can see this here. This is Boeing. I've been calling Boeing lower for the last few weeks. It fell hard on Friday. Okay. Boeing definitely looks lower from Friday even into this next week of the 13th. But anyways, Boeing here, this was on January 6th, dropped fell, broke through the low, rallying and we shorted this as a day trade. Now you could have done an option in this or you could have shorted as a day trade. So here we shorted it, got the drop. This is a one minute chart but this was a gap down. You can't see the clothes here before. It's behind the clock. But the stock closed up here around 322.75. Boom. Open in the morning here around 329, or 3, I'm sorry, 332.75. Open here around 329 and change. Open, dropped, push back, boom. So we didn't go long this to fill the gap. We shorted it. It was a good call and it dropped. So this is what we're looking at. Again, this is volatility because if you're looking at the first 10 minutes here in the morning, you're like, wait a minute, this is one over the high. This went red. This went green on the day. Then it went red again. This looks like it's going to go over the high. What should we do? So you have a plan of action, which I do and I do it in the pre-market before this even opens, before this even happens, so that you don't get trapped here in the volatility. But the fact that people were going long this stock is what helped push this down and we had it in the right direction. It was a short. And that's where we got the push. Boom. So again, this is a nice trade in here. Usually looking for $1, $1 or more. So again, if you take 500 shares and you're looking for $1, it's about $500. You turn it over once, okay? So a buck. This was more than a buck. It was a nice move. Here was the setup. Entry was $321.90. This is a day trade short. Share quantity, $3,000. Stop was $330.65. This is a really good stock and a stock of this price point. I mean, very, very good. Normally you might have a stop that's much, much larger for something like this at this price point. But it was a great stop. $0.75. So risk was $22.50. Exit. I gave it a chance to break $328. Didn't do it and then got out. But it actually did go down to $328. So this was, I could have had a better exit on this. I was trying to see if it would break $328. I'll go back. Exit $328.55. Profit $4,050. Again, this is a day trade where you're in and you're out. It's pinpointing it. Going after it like a, like a shark goes after it and you take a bite out of it. You shorted this here. Got the drop. Again, see this was a lower price. I was trying to give it a chance, try to give it a chance, give it a chance. And then boom, I ended up getting out of it here. This could have gone down lower here. Anyways, it did not. But you could have gotten a better exit out here. But you see this here. Time of the day, there's 9.40. Exit is here around 10.40. So one hour. So we're usually in and out in the morning. Any questions here about BA? Makes sense? Someone's asking about volume. What is the volume indicator you're reusing? This, I don't have any volume indicator. This is just volume down here. It shows the volume in the bars. I don't have any volume indicator per se. This is shows the volume down here. That's it. And I don't, I mean, I'm not like, I'm just trading stocks that have volume. I don't really, I'm not like 100% focused on that. I'm 100% focused on the gap, on the gap, on the gap. Okay. I'm just not trading stocks that don't have volume. I don't think they're going to move. And they're certainly not going to have big moves. And they're certainly not going to have moves that are made by institutions. What do I mean by institutional money? Hedge funds, big banks. So like we were talking about this earlier, about having goals. Does every trade work? No. No, every trade does not work. It's about high odds. Here was a loser. Same day. So BA was a win. Com was a stop. What happened in this trade? Again, stock closed here back up here. Closed up here around 4250. Gapped down in the morning around 3780. Dropped. So we shorted this. We were aggressive out of the gate. Had the stop over here. We got stopped down in this tally green bar. Excuse me. Again, this is a one minute chart. So we got stopped and calm. I never went back into it. Didn't even go back and look at it. Anyways, long story short, with one loss and one stop, it still was positive. Okay. And that is how you can do it. So anyways, here is an example of how you can do one train that's a win and one trade that's a loss. And still have a great day. The entry in this was 3720. This was calm. It got stopped. Shares was 2000. Stop was 3845. So boomed us out. Risk was 1875. Exit was 3845 at the stop. Loss was 1875. I'm just going to go back and show you this here. That's where we got stopped. So this was the same day. We got stopped in this. And we made money in this. Someone's asking me about what? Here, let me just see. Explain the entry and exit numbers. Here. Enter here. Here's the drop. Didn't get out here. Waited for it to go lower. And then it did it. So I got out. But you could have made another 50 cents. Here's the trade. Short it. Get the drop. You could have exited here. I let it base out. Took it off when it booped. Right in here when it started to flip. But I could have gotten a better exit in here. So that's the move. So this is the move that worked. Short. This is the move that stopped. This did not have the follow-through here. But my point is that you could have made still 2175 with one loss and one win. Okay? This is why one, it's important to use stops. And two, when you find something good, they work really well. So that's why your expectation should be of every 10 trades that I call, eight will win and two will lose. But that's okay. That's okay. Because you're still up. Because the ones that work work really well. And you have to expect, like I said, momentum and volatility. And some was mentioning volume. You just tend to have the volume because that is what's creating the momentum anyways. Okay? And all the stocks that we're trading, McDonald's, BBY, anything that I could name, you would know the company. You would have heard of the company. So I would look at it like this. If you're figuring you're trying to get a dollar, okay? You're trying to get a buck out of something. You figure if you're risking, you're taking a thousand shares, it moves a dollar, you make a thousand dollars. So okay, I'm trying to get a dollar in most things. Now there are stocks where I would look for more than that. Again, I'm talking about day trades. I'm not day trading something like Amazon. I'm looking for way more move in something like that. But we're doing options in that. We're not doing margin. But most of the stocks are from a five to $100 range that we do. Occasionally we will do the market, which is expensive now. This is the spy, and we did the BA. I just say, are you saying that you purchased 3,000 shares, not 3,000 stocks? Are you going back to the calm? No, calm was 2,000 shares. This is a short. This is a short. These were two shorts. Calm was a short, BA was a short. We're shorting it. And we're shorting it on a margin. Does everyone understand what margin is? Go back to what I was explaining earlier, and this is why I bought it up. When you have a margin account, you don't need exactly $37 times one share. Do you understand? You don't need the full cash. A broker gives you margin. It could be two to one. It could be four to one. It could be 10 to one. Some properties give 20 to one. I'm not saying I necessarily recommend those. But do you understand? And this is very important because BA, for example, BA was the one that was 3,000 shares. This isn't cheap. Now, say you're like, Melissa, I can't take 3,000 shares of BA even on margin. Okay, guess what? Do the put. Buy the put. You could have bought a put. In fact, I did call a put in this, but I don't think I have it in here. I don't remember if I do. But anyways, you could have bought the put. So the put would have been cheaper because you wouldn't need a margin. Whatever the put would have cost you would have paid. You could have bought the 329 put to the 330 put, right at the strike here where the entry were taking it. So you could have bought the put at the strike I called the entry, boom, and not had to worry about the fact that if you had or did not have the equity to do the 3,000 shares. So there's many, many ways to do it. That's what I was talking about. That's what I was saying. So anyways, trading is a great job for yourself because you can work for yourself. And I'm telling you, it's a great job. You can be anywhere in the world and do it. Half my clients really are not even in the US. And again, I'm in New York, which is Eastern Time Zone for the market, but you don't, you could be anywhere. Okay. You could have a regular job and trade in between. Most of the trades we do are in the morning. But this is a new year for you and you didn't do well last year. You've got to take it upon yourself to get, people say New Year's resolutions. I don't like to call it a New Year's resolution. You have goals. You have goals. This is your goal for this year or whatever it is. You say, my goal this year is to earn this much money. Boom. Okay. And my goal this year is to be successful trading or whatever the question is, whatever the, whatever the thing is that you want to do. Okay. Do I call the entries before taking the trade or after you enter it? I call it live in live time for the day trades. For the options, I call them ahead of time. Like I might call the options trades. I'm going to show you the options trades in Tesla in the pre-market. Nobody can take any options trades in the pre-market. You can do market trades like the cues and the spy entering, I think 10 minutes before the market opens. But very often I will see a trade in the morning in the pre-market like Tesla and I might send out the trades at 7 a.m. Nobody's in them yet. So you take those trades into the open. Okay. But the day trades we're just calling live. Boom. And actually you can go into my YouTube channel. It's a stock swishing YouTube. And I think I put the room up for a couple of days this week. You can go listen. Anyways, it's one strategy which is gaps. One strategy. But expect volatility coming up in this market. This was Google. This had a gap up. This was a nice breakout. Look at the volatility here. Google had a huge move this week. Part of the reason the market continued higher. Google got up over 1400. Okay. Now I get this question a lot. Ernie's season begins Tuesday with the banks. You said well do you have gaps all the time? Yes. You have more though in earnings season. We have more trades and more bigger moves and more stocks to trade. More picks in earnings season which starts this week. So there's four quarterly earnings seasons. We do have gaps all the time. Well we have more and they have bigger moves. Now Tesla was an exception. Tesla had a massive move and it was not in earnings gap but that was an exception. Okay. So you can do this but you have to have goals and you have to stick on top of those goals and you have to have a focus. I mean you have to understand what you're doing. You have to have the knowledge. Like I said I think it's important to have a mentor although that it's not necessary but you may go through a learning curve until you get it right. That's okay. Okay. That's okay. If you look at it as a process you're going to be okay. A lot of people want to be successful but they really don't have the determination or the motivation to do it. If you have the desire and you have the drive I absolutely know that you can get there with my support because I've helped people. People are doing really well so far this year. Now I have been doing fabulous myself but that being said it's still the people that are with me that are taking the trades. People are taking the trades themselves. Okay. So anyways most of the trades we do are in and out of the morning. What do I do? What am I looking at? I'm looking at a 26-point checklist. The checklist measures the gap by rating it on the daily chart. That's how I know. Is it a long or a short? I'm looking for initially, ideally a high probability that it's going to go all dead. Like in an ideal world I want it to go all dead. Again that's how you can do it for the put or the call, for the option or the short or the long for the day trade. And ideally I want a big move. And an early confirmation. Right away. Boom. Out of the gate. Which we got in the VA and then I got the confirmation in the calm that it wasn't going to have the follow through. And we got flipped out. Okay. So I didn't go back after that. And I'm looking for precise entries. Precise entries typically in a one-minute chart with good risk reward. Which in the options I say 50% to 100% on average. I returned an investment and with the day trades we're looking for one. One turnover. Okay. Anyways let's talk about Tesla. This is the talk of the town. Is what I say. And people now are talking. Somebody said Friday that was in the trading room trial. Someone was saying that everybody's in the short. I said what are you talking about? No one should be in the short. And whether it falls or not is irrelevant. This is one of the strongest stocks right now in the market. And even to be honest with you. Gap down. If you want to be technical. It actually gapped down on Friday. And look it went absolutely nowhere. This is snug as a bug in a rug. Not going anywhere down. Like technically speaking. Again I would never be sure with this. But technically it did gap down. Closed here open gap down. Fell a baby. Baby bar on Friday. This is Tesla from Friday. This is Thursday. This is Friday. I'm going to show you the trades I called from this week. But anyways this was a long. You could have gone long the stock. You could have bought calls on it. It was huge. Didn't get to 500. Okay. Basically almost got there. But anyways there are people that are short this. I don't know what this does this week. I don't think anyone should still be in this long. And I don't think anyone should be in this short. There's no play here right now. You wait. You wait for good setup. So this gap wouldn't have rated well to short. Per my system on Friday. You wouldn't be long here still. Because the move was had. This was the volatility. Okay. And actually it came in. Actually this came in all the way over here. If you really look. This was back in October. Stock closed here. Gapped up. Broke out. Boom. Ran up like the Dickens. I called this on the in the trading room letter as a call. This had a big move. I don't have that. I don't think I have this in here. I have the ones from this week. But here was this beautiful beautiful beautiful move when Tesla finally looked like along again. Tesla overall for the most of 2018 looked like crap. Again the reasons don't concern me. I'm reading the price action. And I'm reading the price action and gas predictive. But here's where you could have gone long. And actually you could still be in a long if you're long as a swing trade since here from October. All right. Typically when I do options I'm looking for one week out or a couple of days or two weeks out. But really if you did a long term option in this look at the jump it made. Again this was the jump up at 300. Went up almost to 500 this week. Anyways I'm going to go over all of this. But the long and short of it is however much you would have risked in this trade last week. It was an average of 383% return on investment for these trades. This is not day trades. These are options trades just so you know. With a risk of an average of about $7,000 per trade I call it a lot of trades in this. We're going to go over everyone and everyone worked. You could have made $336,720 risking about $7,000 per trade. That's a lot. That's a lot of risk. If you can risk it this is how much money you could have made in one week just in these trades. This is a good example of when you see something that's good you capture it. You take right on top of it. And you just go for it. And I think as long as calling these trades this week it's really interesting because I started getting emails from people where people were piling on. And so again this is part of having a mentor. I had an email from somebody that says well when you called the 480s then I knew he was going to go to 480 when he called the 485s and I held it to 490 and blah blah blah. Anyways let's go back. Monday this was very aggressive. I saw the stock was going to make a jump this week. So on Monday I called the 450s and the 455. Actually I saw the stock was going to gap up the next day. So very late. This is late. It's 3 o'clock. I don't always call trades this late in the day. This was an option. I called the 455s and the 450 that expired Friday. So I called them on Monday expired on Friday late in the day. Here was Monday. So here again I'm really good at reading price action. I saw that Tesla was going to gap up this day. Like I just caught it at the right time. Called the trades on the letter. You take them before the close. It gapped up. It gapped up over the strike. It was a beautiful call. So the cost of the 455s was 6. Contracts was 12. Risk was 7,200. Sold at 42. This was not into the very last move up on Thursday. This was into the Wednesday momentum, which I think was the right decision, even though it went slightly higher. Profit 43,000. Return investment was 600%. Again, no matter what you would have risked in this. Huge, huge move. Actually I'm seeing now it's 140. I don't know if I'm going to get through all these in the next five minutes. I'll try. The 460s I called as well. So then on Tuesday, when I got up in the morning, saw those trades were going to be up once the market opened, saw that the stock was higher. I called the 460 strikes out for Friday. This worked too. 494% return on investment. I also called then once I saw it moving. This is a little bit into the open. I called the 470s. This was a big one. 705. This is Tuesday into Wednesday, by the way, people. So I called the 470s. Then I called the 475s around lunch. This was one of the biggest ones. Then I called the 480s right after this. This is all on Tuesday. All on Tuesday. So it's running. It's running, it's running, it's running. At two o'clock I called the 500s. But I called the 500s out till next Friday. I don't think anyone should still be in these. These are probably still up though from the time of the date that I called them. Because I called them on Tuesday at two o'clock on the 7th. But I thought it was a good exit on these on the Wednesday. Then on Wednesday morning, 7.30 a.m., I called the 45s. I was trying to do everyone that I possibly could. And I called these out till next Friday, which I really didn't even need to do. That is really what it's like. I could have called them all for the 10th. I called these out till next Friday, but I still think the exit was good for Wednesday. I called the 490s. Again, this isn't the morning. It's all in the morning. The stock was going to go. I called the 495s. Every single person that did these trades made a crap load of money. I had one person this week that made $40,000. I had another person that made $21,000. I had another person that made $34,000. They did not risk this much. They just did all the trades and risked an average of between $1,000 and $2,000 per trade. And they did them all. And they just kept piling them in and piling them in and piling them in. Now in this case here, you could have taken them gotten out. And the next day, you could have taken them gotten out. Or you could have taken them on a Tuesday, gotten out on a Wednesday. You could have taken them on a Monday and held them to Wednesday. You could have done them all. Everybody did at least one. But I think some people did more than others because they were just amazed at the momentum that came into the stock so quickly. But what I typically do, if I see something, I capitalize on it. I'm capitalizing the volatility. I'm capitalizing the momentum. And I saw it and I reacted. I saw in the gap. So notice the time stamp on these trades is pre-market. This is the Wednesday. So that was Wednesday. I saw it was going to go poom. Now again, on this day here, it could have done this here. But when I saw into the close that it didn't, and then I saw the gap up here, then I knew it was going to go. But the irony is I could have done them all for a lot cheaper to the tent because it made the move on the day. Yes, you'll be able to do it on your own. You could do it on your own right after the class if you understand everything. But I think me calling trades like this helps you. Helps you to see it. And not only that, it helps you to make money. I have a very, very, very good eye. That's all I'm going to say about that. But the money can come easily when you get it in the right direction. If you don't, you will lose. So then the point is, well, how do you do well? Get it in the right direction. And again, I don't know where Tessa goes this week, but I can tell you a lot of traders are shorted. How do I know? I go to webinars like this one. I'm on everybody's email list too, because as a presenter, I get solicited by other companies. Do you have any ideas how many emails I got? Not just now, but like from Thursday night into today about people that are calling shorts in Tessa. I don't know if it goes down or not, but there's no way in hell I would short that stuff. Because I'm looking for institutional buying and selling. And no institutional selling has come into that stock. And institutional buying has come into that stock. And that's how we made the profits that we had this week. This was an exceptionally good week this week. I called other trades as well, but I wanted to point these out because when you see something good, you can capitalize on it over and over and over again. And the nice thing about options is, is it's running and the momentum's in. Options are like a balloon or you're like and you're blowing the balloon up and then pooh and then the air goes out of it. So you take it and as the balloon is, as you're blowing up the balloon, boom, boom, boom, and then it's getting bigger and then you exit the trains into the momentum and then shoot and the air goes out of it. So the air went out of it Thursday and Friday, but it absolutely does not, does not mean that the air is completely out of it if that makes any sense. Anyways, my system is based on a gap rating system where I am rating the gap. One strategy in my opinion is all you need to be successful because it's all that I do. I am successful with one strategy. Now, I do it in two different ways, options and day trades. You can use it for one, you can use it for both. I think the benefit of doing options is because you can get trades that are very expensive like Tesla that have massive moves very quickly without having to have all the cash that you would need even to have a margin account. And I think the benefit of something like the short we did in BA is you can be quick in and quick out in one hour and 30 minutes and make a couple thousand dollars. So this benefits a day trading and to doing options, but it's both the same system no matter what. I'm looking at reading institutional money and the price patterns in the gaps and that's what I'm telling you, that I don't see anything that tells me Tesla is done, there's no gap downs and that so far are good to short. And when you're looking at something, the big players are the ones that are controlling stocks. So typically, I will call the trades in the morning, the options or the day trades. But every once in a while I'll call trades during the day like I did with those trades from Tesla because they were going. But you can do this from home, you can do this from your office, you can do this from anywhere in the world. January 25th and 26th, nine to five eastern time, cost of the class is $69.99. If you're interested, email me if you want to sign up. I'm doing a new year holiday special. If you sign up by 117, which is this coming Friday, you would get the trading room and the options newsletter free through the end of March. So basically all of earning season for $69.99. If you're interested, you must email me to sign up. And if you're serious and you're really interested in this, email me. I can give you a try out of the room this week. We are going to have another good week, but I will tell you this week was incredible. So 2020 is here is off to a bang. This was one of the traders. This is Tony. Tony lives in a completely different country. Tony made 21,000. Tony actually has been with me for about two years. Okay. So I have had the business for a number of years and I have really good retention with clients because they're doing well. So I mean, I think that if you're serious about doing it, reach out to me. If you want to trial for the room, reach out to me. And I'm going to try to do a video on Tesla on my YouTube, but I've been so busy. This week, I'm exhausted. I got to be honest with you. I had an exhausting week. I mean, just watching that Tesla for three days in a row, making sure that everything was going right. It was, it was, it was amazing week. But you, when you, when you're watching something like that and you have all that on, you have to be on your point. I mean, you have to be on your tippy, tippy toes. And so it was a long week. It was a good week, but it was, it was tiring. Um, let me just see any quick questions. So sorry to That's okay. I know. Yeah. All right.