 online trader central employees or folks associated with hot com or or online trader central are none of us are traders but people like melissa hello everyone and welcome this is kevin with online trader central we are welcome each and every one of you to the presentation today we'll be starting promptly in just two minutes two minutes to start time here at online trader central so thank you again everyone and welcome so everyone and welcome and with that it is 430 eastern time here in the Boston area or wherever you may be it is time to begin please put your hands together and welcome our hosts presented today from the stockswush.com thank you so much kevin welcome welcome everyone my name is melissa armo and i own a company called the stockswush llc welcome to the webinar today thank you so much kevin and online trader central today's lecture is going to be trained 30 minutes a day to make $100,000 a year so let's get started if you'd like more information you can go to my website at www.thes stockswush.com or feel free to email me at melissa at the stockswush.com i also have a lot of videos on youtube and you can add me to twitter facebook linkedin or skype me at the stockswush after the webinar today if anyone would like to stay i just wanted to let everyone know this now i'm going to do a live post market earnings review after today's webinar at 530 so if you would like to stay for this at the end kathy and kevin are going to plop everyone over to my live trading room and we're going to take a look at some symbols and some stocks that i have as a watch list for tonight and then you'll see some of these things happen uh that i'm like for tomorrow morning to trade let's get started do you want to trade the market for a living and if you're here tonight this might be why because you are interested in learning how to trade or maybe you're trading right now and you're not doing it for a living but you want to take it more seriously well it's time to get serious about it uh the end of the year coming into november december is a great time to start uh ramping up to think about your goals for 2014 do you want to train and need a solid strategy here was hwa y this was a gap from the last week in october and this is a strategy that we're going to talk about today what this is right here what this did and the nice follow through that this chart pattern had do you wish you could work from home a lot of people go into the office every day have to commute have a lot of stress before they even get up and go to work and have to get up so early training is one of those things where you can actually do it from home all you need is a computer and access to the internet do you wish you had a career with full-time pay and part-time hours meaning you'd have time to do things like golf or other hobbies that you might have sports going to the gym working out or doing extra curricular activities that if you have a full-time job and many people actually work more than 40 hours a week now at their full-time jobs they don't have time for any of these types of activities except for the weekends and then they're often doing things where they're catching up on stuff for the house they have to do so it's a great idea to trade because you actually can trade and make money with part-time hours do you wish you had more time for leisure meaning to go on a vacation to go on a vacation to take a three-day weekend you know trading is the kind of thing where you plan your own schedule you don't punch a clock the market isn't going to not you know care if you don't go to work on a Monday morning you could take a Friday Saturday Sunday Monday off and take a fourth day week and a three-day weekend whenever you feel like it do you wish you had more time for family this is a big thing too and especially if you have little ones you want to see them grow up you want to go to their activities you want to do stuff with them and if you're working a lot sometimes you can't get to all the activities because lots of school activities for kids are right after they get out of school and then you miss these things but if you're trading you're done before the market closes you have time to go to the extracurricular activities to be with your family so you know what is your dream job if someone asked me what is my dream job i'd say i'm i'm doing it right now i'm trading because to me my dream job is a job where i can earn a good living and i don't have to work a million hours a week so for me personal freedom actually plays a factor in my dream job so ask yourself this first of all what is your dream job if you if someone asked you this what would you say would you even know how to answer number one and second of all does personal freedom play a factor in your dream job meaning you can set your own hours you can take a vacation when you want to you don't have to report to a boss where you feel like you're under the knife all the time working like a crazy person for me this was a big thing and one of the reasons i wanted to become a trader because i felt like the people that i worked for before constantly constantly constantly were had control of all of my time and in trading the market's only open for certain hours anyways and i didn't even trade the whole day so ask yourself why we're here today think about these things this is for you where do you see yourself in a year where where do you see yourself in a year do you have any idea and think what are your financial goals for 2014 what are your financial goals what are you looking to do what do you want to accomplish how much money do you want to make how much money do you want to save what where do you see yourself in a year from now and if you have absolutely no idea then this is the time to start thinking about this write it down right now write it down in a journal start to meditate on these things as far as i'm concerned success in the market is about skill it's it's really about skill it's not about luck this is a chart of fio and every time i've traded this file here and here and back in here in these days in the last week and over here when it gapped and into here every day i've traded this stock was about skill it wasn't about luck at all in fact there was a day in fio you can't even see back here before where it gapped um back in the early summer where the actual bar of the day was green and i made money shorting it success in the market is about learning what to do and it takes a certain skill level and if you have the skill you can be successful it's not about luck at all there was about luck then people couldn't do this for a living it's about skill and that's why you've got to learn what to do one quality strategy is all you need to be successful how do i know this because i'm doing it i'm doing it i've been doing it now for over five years i'm actually doing one strategy which we're going to discuss today and not only that i'm even only doing it in one direction although you can do the strategy i do in both directions however i'm bringing new meaning to the word one because i'm really doing one strategy and in one direction every day that i trade you don't even need to spend a lot of time and trades to become profitable now if you want to spend more time in them to take them to larger targets you can but i have found that with training in the beginning time of the day into the open when the market opens at 9 30 eastern time and again i'm not trading pre and post market even though we're going to look at some of those things tonight i'm not in the stocks i get into the positions in the early morning period and am up very quickly and i have found that many of these moves the volatility happens in the early part of the trading day which makes it great and that's why you can trade in the morning and be up money and trades very quickly and get green as soon as you can because as soon as you're green something anything half your trade 20 percent of your trade a portion of it to the target and you're green then you can be relaxed you can focus on what you're doing and you don't have to be stressed out about taking risk so it is possible to earn a living working only 30 minutes a day you just have to have a strategy that enables you to do this so what strategy can you make a hundred thousand dollars a year trading only 30 minutes a day well what kind of strategy is this it is gaps gaps is the strategy here was the play from today actually you could have done this friday too it was a gap in body b o d y this was a gap on friday and today i play this today here's the gap today this is the chart of body and this is a gap and this is a gap and this is a gap back here so a gap is when the stock closes the night before and opens the next day at a different price that's what happened from thursday night to friday and the same thing happened today because at friday body closed around 388 ish and opened here on monday morning around 388 ish too so this is a gap today and you see how it moved small little price point but a nice move and really as soon as it took the trade you're up in it really nice follow through momentum look at the chart from the gap back here in august if you had taken this as an overnighter swing trade in body back from the gap back here in august around seven and a half dollars or so and hold it look you would actually have made look at this this stock actually lost half its value just in really three months nice follow through on the move and it's a great example of why i like to trade gaps and i only do them in today however you can take them for overnight positions because of the follow and the reason is because of large institutional money they're the ones that make the gaps in the first place so why why trade gaps and why do they work so well and why do they pay so well because gaps are created with large institutional money and that is what makes the gap in the first place the professional gaps that happen and play out in stocks are formed by one thing and one thing only large institutional money and what do i mean by that i mean banks hedge funds money managers big big big traders trading huge size therefore you need a way that will help you pick the correct direction to play the gap or the stock that you pick that is gaping and then you confirm that the large money will flow with it because you wanted to get continuous movement into the moody move into the gap and by having a formula to rate and qualify the gap you get confirmation and conviction that the large institutional money is on your side and then you play it simple as that really gaps are an event there are a price evicts there are a price event in the life of the chart and they create a sense of urgency now let's go back here and look at this body what's a sense of urgency here if you are long this stock which by the way you should never ever ever ever be but if you are long this stock can you see the sense of urgency that would come upon you if you woke up in the morning here and saw that you were long the position and it had gap down to four dollars and fifty cents what would you do you would sell out of it you would take your losses you would take your lichens you get out and that's what people do now the other thing is that everybody even gets out the first day and that's why the fall through happens in here you see that so there's a sense of urgency because when people are down money they don't like to be and they get out thus an action is being forced by participants of the stock and this is why gap training is incredibly powerful and this is why it has volatility and moves trading gaps the powerful and profitable way to trade because you are trading on the side of power the people that are making the gap in the first place and why doesn't even matter to me and many people ask me that I don't care why read the financial reports if you want to it couldn't matter less to me right now we have been in a sideways chopping market this is the clip of the QQQs and if you've been relying on a strategy to trade where you need the market in the last month you're getting chopped to bits and pieces this market has been sideways ever since the middle of october almost a month here now and you can see what's been going on now we are in a bullish uptrend in the market and we are going to rally and break through this and continue higher but we've been in a rush period now here uh holding this gap back up is a bullish gap in the market back from october 18th but it's really been a sideways market for people and if you're looking for direction from the market you've had a hard time finding it even though the market's in an uptrend and gaps are one of these strategies where you really don't need the market you don't need the market to get these things to go and work these gaps are on their own and so it's been tough for people to do certain setups in the last month or so because if they've been looking for the market to help them go short along they are struggling that's the great thing about gaps they are on their own so I have a system I have a system that I used to find these gaps and to rate them and I named it the golden gap system the golden gap system is a 26 point professional bearish gap rating system and the purpose of the system is to help you evaluate which gap to trade each morning by using a checklist like a pilot or a doctor anyone that would determine what they should do before they actually do their real job it's a checklist and this helps you determine what to train the golden gap system uses a 26 point checklist to trade this is how I decide what I'm doing in the morning and this is what we're going to look at tonight then when we look at the earnings so the golden gap system teaches you to find stocks to trade that have number one a high probability of directional bias for the entire day why because 26 things is a lot of things to look at on a chart to determine if something will qualify and work it's a very detailed system number two I want to get big moves on the day so I'm looking for that in the qualification good targets number three early confirmation of your bias in the mood which means a stock has to set up and trigger between 9 30 and 10 and if I don't get it to trigger and set between 9 30 and 10 then it's not going to work right on the day for me or I just flat out don't do it and I also want number four precise entries with follow through and a good risk to reward which the rating system helps you determine when you go through the checklist so playing gaps is fun because of the volatility in the momentum and also because you're up money soon and then they go to the moves in the morning and you can get on with your day gaps are strategy to pay large profits and also offer consistent opportunity and regular setups things gap every single day trading the market is exciting and it's fun when you have a strategy that works you know I talked to a lot of people and if you don't have a strategy at all you really shouldn't be trading people think that they have a strategy but really what they have is a setup they have a setup that they do a pattern that they play that's a play but it's not a strategy in order to trade successfully you need a strategy then you have the play that is inside the strategy it's like something that fits in it it's like a box and then you have something inside the box just having a play itself does not have consistency you have to have the play within the strategy so if you don't have a strategy that works and you need to find one and if you don't have a strategy at all then you still need to find one in order to become successful in the market and I think a lot of people don't realize this they don't realize this because they think they have a strategy but it's just a play which is the entry and exit in a pattern I'm looking for but that is not a strategy so gaps are actually a strategy a foundation one individual can trade the market successfully as a career and you need the strategy to have the career part of it with a dependable method in order to reap the rewards that the market has to offer you need a quality system to follow and it needs to be structured the central structure to trading results must be a strategy with a solid foundation that is based on accurately reading price action and advanced technical analysis and this is what I do and this is what I teach people to do and what we're going to talk about here in some of these trades tonight so the golden gap uses the daily chart that's how I'm reading the gap to make the decision for the stock pick which allows for trades in the correct directional bias so I'm looking to trade the gap in the direction of the gap the golden gap uses the one-minute chart these are where I'm taking my trades which allows for good risk to reward trades with accuracy to make more money so I'm getting good risk to reward because I'm taking on a minutia time frame to take the entry which is the play part but I'm looking at the strategy the foundational part on the daily chart and if I only have one chart to ever ever trade off of it would be the daily chart and I could actually do everything I need to do on that even take a play and and again this takes learning what to look at it takes a trained eye a trained eye and this is where the skill part comes in you're training your eyes to look for the right things and get the right focus you know you could take a 100 people line them up in a room and everybody look at a chart and I'd say tell me what's happening that chart and I bet everyone would say something different if I popped up a chart right now you'd all say something different but who's right the one who predicts what this move is going to do before it actually does it and even goes to the right numbers and this is how you become good as a trader training your eye in the end precision and detail matter accuracy counts it counts and trading in all fronts and I don't care if you trade with medium size big size small size accuracy matters you've also got to have a quality strategy which is the gaps a good risk to reward it has to have the potential there the right entry this means all the difference correct size which means not over sizing or undersizing and also the proper exit and the correct sizes matters too because you want to make sure you get the most bang for your buck you don't want to take 100 shares of something if you can take a thousand and many people don't know where to put their stops or size themselves right you got to learn this you can get the maximum moves and things being successful in the market takes detail at a certain level of precision and you can learn it because detail matters it can make a difference and you're making a lot of money one day or losing one day so you have to learn what to do and you have to learn when to do it it's what to do and when so critical in trading now you know I was thinking about this over the weekend ask yourself right now are you a winner or a loser are you a winner or a loser tell me right now right in the room nobody can see this but me are you a winner or a loser just tell me you're talking to me I'm not going to say anyone's names tell me if you're a winner a loser are you a winner are you a winner if you can't answer this question then stop think about what you're doing you have to believe you're a winner you have to believe you're a winner you have to say I am a winner Bubba says he's a lover that wasn't the question but that's interesting to know Bubba I mean the next webinar are you a lover or fighter like Rocky ultimately learning how to be successful is very important it's very very important because you have to get to a point where you make a conscious decision I am a winner I want to be successful say it say it right now say it yourself say it out loud say it in the mirror say that you want to win not maybe or I might when I'm not sure myself uh uh uh no no no say I am a winner I am a winner this is a point of realization when you recognize that your life is your own creation and your own creation in your trading you you were the one who was in charge of your life you and only you you were the one that's in charge of your trading you and only you when you start to acknowledge your own personal power and your ability for personal growth and that you can learn something new like apps and make more money will be amazed at how things come together and how much your life can change for the better because if you can't even answer this question that I just asked you then you have to stop and reevaluate step back think about what you're doing it has to be a conscious decision sometimes it's just about opening up your eyes and seeing the possibilities for your own life I want people to decide decide that you want to win make a conscious decision I get up in the morning I say I want to win today I get up in the morning and say I want to make money today and not only that you have to believe that you deserve it you have to believe you deserve it believe you deserve the success believe you deserve the money and that you deserve to have the life you want if you can't even get to that point then you have to regroup mentally because you're going to need this in order to be successful trading and this comes with the skill trading is a journey until you get on the right path it is a journey for people and a quality strategy is the right path you know I talked to many people since I started the business and they say well I've done this class I've done this thing I've done that thing I don't understand why I haven't been able to figure it out yet and then they meet up with me well you know if everybody woke up and decided they wanted to trade and connected with the right person from day one then no one would ever lose money in the market that's why trading is a journey and that's why it's different for everyone you will go on your own path until you connect with the right people the right traders the right mentors the right system the right strategy it's different for everyone it was different for me than it's different from you my journey was alone with the market and I don't wish that on anyone because it was a lonely hard road and this is why I'm able to teach people so well what I know however the reality is that if you've been on this journey and not seeing success you can't give up if you really want to do this you have to believe you're a winner if you want to do it and you have to understand conceptually that the uh getting from point A to getting from point B is a journey and you won't make it successfully with the money until you get on the right path and I don't know if you're on the right path yet and these are the things you have to think about but I know you need to get on the right path and for me this really had everything to do with the right strategy so let's look at some gap trades here uh some nice nice gaps last week was a solid week uh for gap training the market this was QCOR right here you can see this day here nice big large red bar again I like to short so let's look at this this is what was one of many gaps last week there was just absolutely phenomenal as far as the way that it moved in the entry QCOR opened here and even actually here where it opened approximately like right under 6550 and this move down here was a dollar and a half just in this first bar here this is 60 seconds this is a one minute chart really just total 100 conviction that this was going to break then so then you just wait to take it on a setup here's the entry on this right here tight stop why because this shouldn't back up in itself you can see here where QCOR gapped and it should not back up here why because if it backs up here it's not going to work so there should have been no rally in this and there wasn't and it just got sold off like a brick right down here was the first exit in QCOR and even this move was huge the entry time is 936 price 6490 for the entry to take your position size stop over 6515 this is good enough of a cushion risk is 25 cents on 2400 shares the risk it's an advanced risk of six hundred dollars exit at the first target 61 bounced right at 61 the whole number total profit on this trade with this share size was nine thousand three hundred sixty dollars again this is a huge move it's almost four dollars this happened let's look at how many minutes this happened here you're entering one two three you're out here in four minutes four minutes now as it turns out it went to a complete and total dream target so if you had stayed in it to the dream target and we'll go back and look at the daily the dream target was down here 5625 or even 56 time of the day exit though was still in 30 minutes total profit again this is a six hundred dollar risk to start out the day you can be lowering the stop twenty thousand seven hundred sixty dollars this is in one trade and what about the risk to reward in this this is huge 34.60 now will you get a trade like this every day no will you get a trade like this every month you might so these are the kinds of trains that really get you excited about doing gaps and doing trading so you could have gotten out of the whole thing here this is a huge day and if you held it all the way through 10 really you're looking to get out here around 1010 10 10 o'clock 1015 reversal time and the thing just collapsed here was really the dream target on this it went a teeny weeny little bit underneath it and if you want to get nuts i mean this thing really could have gone all the way down to 48 dollars but again i like to trade in the morning be out really really really nice move and cue core and this is a higher price stop point and even with this a 25 cent stop would have covered you in the street to take and get the move had more than enough cushion in it again four minutes for the first exit 30 minutes for the second exit dream target total move of the stock on the day total low of the day was done by 1010 incredible move fast in the morning and this is the way gaps work why because of the sense of urgency of people selling out of them another amazing gap here last weekend cross look at this one here nice solid red bar beautiful short a lot of people don't think they understand what's going on here in this chart that it's going to work but it did work and actually this one to the dream target why pass the first target here and went to the dream target so how do you know this is going to work well first of all you rate the gap you rate the gap you know presses good you notice is a highly rated gap it rates per the golden gap point 26 point rating system then the stock opens you get immediate confirmation of your bias this thing right here look dude it tells you right a ways that it's going to work and then you wait for a setup entry in this was right here beautiful beautiful entry and had them move all the way down and even broke really 21 was a dream target and it broke it entry time was 941 again before 10 o'clock entry times 21 96 stop over 21 15 a little bit smaller stop for this one 19 cents on 3000 shares it's $570 risk so if you exit at the first target was 949 8 minutes you could have made $1,360 even this is a good trade and if stated to the dream target you're in it once again in less than 30 minutes it goes to the dream target total profit 31 20 risk to reward 5.47 and less than 30 minutes let's go back and look at it here's the entry drops down in here could have got out right in here you're in this for 8 minutes and you're out and if you hold it all the way down and keep lowering your stop double bottom in here boom you're out again look at the time of the day really nice move falls on through and was the low of the day so how do you find these things you have to have a rating system to find these stock picks and learning how to take these entries and where to put the stock and how to size yourself correctly so ask yourself do you know the correct way to read a chart i know many people well think well i know how to recandle sticks i know how to read charts i i know how to remove averages i found that a lot of people think they know how to read charts but then they meet up with me and i show them something completely different they realize maybe why they haven't been finding success because they're not looking at a chart correct and part of this has to do with directional bias there's a huge importance in getting the directional bias right in your trade because if you are trying to go long something that is a short you're not going to make money you're going to lose and if you're trying to short something that's a long again you're not going to make money you're going to lose abx was a gap from friday it doesn't look like much but really had a very nice risk to reward trade in here of some people though thought that this was a long why well let's look and see how it's set up abx opened and had a big rally up in here in this green bar if you did not know how to rate directional bias you might buy this where why why would you buy it you might buy it in here when it started to base and actually did a buy set up in here thinking it was going to follow through and go over the high of the day and fill the gap and go up to a target of 19 or so but the fact is that was not the correct directional bias the correct directional bias in the correct train was to the downside was a short and that's the one that I did another beautiful fantastic entry in this right here with a tight stop across this basey base dropped on down I even took more of this when it ran up in here and then it broke off really nice and went exactly to the target which was 18 dollars entry time was 937 price was 1828 stop was over 1835 this is a seven cents stop beautiful risk can you take 8000 shares of this absolutely plenty of volume in this $560 risk at an $18 exit profit is 2240 beautiful trade four times the amount risked was made in profit and so you could have risked $560 in May 2240 now if you are a new trader if you are not an advanced trader you don't have to take this much risk divide this by four divided by three divided by two whatever you want to do that doesn't take away from the risk to reward the risk to reward means how much money am I risking dollar for dollar and what is my payout the idea of a four times the amount risk to reward means for every dollar you rest you made four that's what this means here so for every dollar you risked here you made four times in this trade back here and cross for every dollar you risked you made five point four times so you risked a dollar made five dollars same thing with QCOR back here for every dollar you risked you made thirty four point six dollars a s four two is asking a question and actually if anyone else has any questions you can ask me here now we can answer them as we go along what can you do for small account holders melissa well if you have a small account e s four two you will take a small amount of risk that's what you will do it depends on the buying power you have and how much money you're willing to risk maybe you only want to risk fifty dollars maybe that's all you want to risk on the abx okay maybe only want to risk thirty dollars in the abx if you wanted to risk thirty five dollars in abx you could have taken 500 shares and you would have still made four times the amount in profit so you would have made four times thirty five so you would have made still really good money it doesn't it's not even about the actual amount of sizing you take although as you get better obviously you will make more money the more that you take but if you wanted to risk thirty five dollars you could have made 140 bucks that's four times the amount risk so if you have a small account you can do that so that's a good trade whether you risk thirty five dollars or five hundred sixty dollars okay here's another chart here golden gaps have directional follow-through for longer-term plays this is soda really nice fall through here in soda and I think this backed up a little bit today but this is a nice follow-through and the chart's still lower there's a nice long-term target in this of 45 and how did this all start from this gap here and actually from a gap all the way back up here in the soda so there's follow-through in these for long-term plays and what does that mean for you well as a trader it helps you get conviction this see these things happen over and over and over again and with the follow-through like the body today like the crust like the cue cord like the soda it helps you get conviction sell high by low I didn't understand your question if you have a question there type it yeah I sorry I saw you had a typo but let me know so how do you achieve your goal your goal of trading success what do you do well if you want to learn gaps the number one you take the golden gap course this is the class I teach because you first have to learn the information number two then you practice trading gaps in a demo practice on demo for a week so that you don't press the wrong buttons you know how to press the buttons and take the trades number three you trade gaps live live with a real account with small size during the doing the entries just doing them in real time and then the rating system in real real time so you can get good at it with small size at the beginning and and number four oops I number these wrong number four set your annual monetary goals your annual monetary goals I want to make this much money per year and then you back it off divide it by monthly and weekly and then number five you devise a money management plan for each day and week to achieve these goals I have to make this much each day I have to make this much each week I have to make this much each month and this much each year and I have found that if you make annual goals and monthly goals it really helps you stay on track because some days when you make a daily goals if you find yourself not finding any gaps on the day you might push it to find something one day but then you might have a day during the week where you have a huge day better than expected and then it could make your whole goal for the week so I like the idea of making weekly goals for myself and to achieve the annual goal so in order to make a hundred thousand dollars a year you you need a business plan it's like if you wanted to start a business and you can't just run out the door and do it you actually have to say I'm gonna do this I'm gonna do this I'm gonna do this I'm gonna do that and then I'm gonna get there in this amount of time frame and you have to be realistic with yourself you have to start from somewhere and all you do is just write a business plan and then you may check over it once a month once a quarter just like just like businesses do with their quarterly things just like if you were your own had your own company were the own CEO you're the CEO of your trading and you have to be in charge of it you need a how what an aware plan for booking the money I'm going to take this strategy if the gap rates this number of points I'm gonna get in here I'm gonna be booked the money within by 10 a.m I'm gonna do this I'm gonna get green four days a week one day I'm gonna take off whatever you decide to do I mean really do you have to look at trading very strategically it is about skill and having a strategy and having a business plan to be successful if you don't take this seriously enough the market will you know take your money okay so you have to take it seriously and even if you're doing it part-time for 30 minutes a day you still have to take it seriously okay I take what I do very very very seriously and I only trade in the morning but in that time frame that I'm training I am so serious about what I'm doing and I have a lot of focus so it's about focusing on golden gaps golden gaps pay a good risk to reward pay and what do I mean by that I mean where you take one dollar and you can make at least three the right risk to reward trades equals results this is how you get the money the idea of taking a trade and risking one dollar to make a dollar is not the best thing to do in fact today I took a trade where I was up more than an R and I didn't take any of it off so I mean I'm looking for things to actually get a move in them so what is a good risk to reward payout now I do not trade the ES RM is asking do I trade the ES I do not I enjoy and like it has found a lot of success and volatility with companies actual companies in the stock market in the Nasdaq and the New York exchange that I like to trade I found the best success momentum volatility at least in reference to gaps that I'm doing now could you do my strategy with other things sure I know there's a lot of ETFs the gap that you could trade to I just like to do companies because I think there's they they come up and everybody's radar people are that invested in these companies they have more volatility more than mentioned like you'll you know you'd never get a move like you core had or even cross if it wasn't an actual company the biggest ones you're going to get are in things like that and so I love to do them people don't understand how to trade equities in the in the different markets so they tend to do other things that they think are more understandable but you just got to understand them and learn them so what is a good risk to reward payout one to three in the low end you're looking for three that's your goal every day every day you want to make three risk amounts four to six in the middle end eight to ten in the high end and yes some trades can go on to be more than ten risk units so this means for every dollar your risk you should have a goal of a minimum of three dollars so once you're up three risk amounts you could conceivably exit the trade now I try to stay it through to a hard and fast exit rule that exit rules I have that I teach in the class but your goal really is three hours every day but if you want to ever get to the days where you make eight to ten you're going to have to sometimes stay in these things to the bigger numbers and also there should be a potential a potential you see the target you got to know the targets you're going to learn the targets a potential for even more of a payout if the stock goes to a dream target and you don't need a dream target every week you have something that you hold to a dream target even once a month it really really can make a difference in your p&l at the end of the month so how much do you need to risk per trade to make a hundred thousand dollars a year and this is just a hundred thousand dollars a year period on average to make a hundred thousand dollars per year as an annual income trading gaps a normal risk unit of two hundred fifty dollars per trade is suggested and this comes out to you're looking to make between eight and ten grand a month to make a hundred k a year so you're looking to make between two thousand twenty five hundred a week there is nothing nothing like positive results and real cash real cash in your p&l will you pay yourself to boost yourself the steam as a trader and this is where you say i deserve it i deserve to be successful i'm a winner and then you can say it to your friends and say it to yourself what is asking what time does your platform scan for gaps well like we're going to look for them tonight and it's five oh nine eastern time you could start looking for gaps at four o'clock eastern time after the market closes you could get up tomorrow morning and start looking at them for at seven a.m you can look for them at night or in the morning i get up in the morning and usually look at them in the very early morning i like to get up and do that way before the market opens but you know some people wait until the very last minute to look for gaps and then they're not prepared i start you know uh very early or i look at them at night and in the morning preparation is really key for me because i like to be situated i'd like to go through the rating i like to look at the resistance i like to look at the targets the support areas all that stuff then i also actually like to look and see how much do i want to risk in this do i want to take more risk on this trade how much conviction do i have in the gap so how much to risk per trade to make a hundred thousand dollars a year well five hundred dollars a day if you profit it on average it'll be twenty five hundred a week this would amount to a hundred thirty thousand dollars a year this is a very nice income it's a nice income no matter where you live in the country or the world three hundred dollars a day is fifteen hundred dollars a week again a very nice income seven eight thousand dollars a year working half an hour a day this is good this is a very good living you're not working sixty hours a week to make this money a hundred fifty dollars a day which by the way is doable just so doable for even new people is seven hundred fifty dollars a week that's thirty nine thousand dollars a year and although this may not pay all your bills this is a great start this is a great start for beginners and many traders can't even make this so once you can prove you could even do this a hundred fifty dollars a day you can get to the point where you could start to risk and make three hundred dollars a day and then you're making three hundred dollars a day and you get to the point where you can make five hundred dollars a day your stair step casing up the ladder so to be able to make thirty nine thousand dollars a year working thirty minutes a day is good it is actually very good because most traders are losing money and can't even make this to be able to make a hundred thirty thousand dollars a year working thirty minutes a day is great and if you can get to the point where you're doing this you're really on your way and you're and you're a successful trader and then all you have to do is just get up and continue doing what you're doing and eventually increase your risk to more because really this is doable for anyone to get to this point starting with gaps how do you do it you have to learn to pick the good ones because there's lots and lots of stocks in the market that gap every day and they don't all work and the ones that even look like they might work don't necessarily have the types of setups that I'm talking to you and showing you here tonight the ones that I my system finds a way to point me in the right direction of the stock pick that's going to have a setup where I'm going to be able to make the risk to reward where I'm going to be able to get a move in something that's going to be able to pay me okay so learn how to earn great money working from home in just 30 minutes a day whether you want to do this to to have extra money to retire and still do another job whether you have a business and want to do this on the side of the morning whether you want to do this and then get to the point where you're making over six figures you can quit your regular job and have more of a life it's possible you have to start from square one what does that mean getting the skill honing the skill learning how to read stuff that's really going on I have very clean charts I don't use any Fibonacci's or all these other wiggly wiggly types of different things on my charts and and some people ask me do I have you know certain indicators or are any of these things no I don't I really am an old-fashioned girl trader that is reading price and every single choice every decision I make every trade that I take every position I exit every stock I look at every gap I trade everything I do is always a hundred percent focused on price and the fact that I have totally just gotten out of everything but looking at that and focusing on the price is what has made me become a good trader and now that I'm able to teach people when you're relying too much on something else that's on a chart that it takes away from like an indicator for example it takes away from your focus on the price action and ultimately what is going to make you the money is the focus and what's happening with the price to stay in something or exit something if you see that it's not working correctly so the class I teach is called the golden gap course the golden gap course teaches a 26-point rating system to find the best stock to trade each day again I'm looking at companies although you can do ETFs the course also teaches you how to enter and exit the stock on the day to get good risk to reward trades this is how you're going to make money and again the play is inside the strategy and there are many plays in the strategy that I teach the course teaches price analysis and technical analysis on an advanced level how to read price action and if you think you know how you may learn something from me because I found that people have been trading for years and I'm talking well over 10 years have taken my class and learn stuff from me they never knew looking at charts the course teaches a more proficient and effective way to read support and resistance in the correct direction and the course teaches you to focus on one strategy in a detailed manner so you can become a good trader because your goal should be to become a good trader and once you become a good trader guess what you're going to make money and once you make money then you're going to feel good about yourself and believe that you can do it and then know that you're a winner and not even question yourself or your ability to be able to be successful so the golden gap rating system is a 26 point checklist this is the crux of everything I do the setups I find the good risk to reward trades everything is because of this this is a system I created myself and it's so meaningful to me it's so personal to me it's everything I just love what I do I love teaching it it's so so uh good there is more than one step in the ladder for most people's journey success and I just need to point this out like I was saying earlier because you know it's not like you there's one rung there's many rungs to a ladder to get to the top to be able to work 30 minutes a day take a trade and make several thousand dollars in less than 10 minutes you have to climb the rung okay so how are you going to do this you may have to sift through a bunch of crappy strategies till you meet up with someone like me and and this is part of your own journey okay so you have to recognize that it can be exciting because the goal is real skill teaches you what to do and you learn it and you can take the trades if you believe in yourself you can learn something new if you believe in the market you'll become successful if you stick with it you've got to understand that what this is what you're trying to achieve so many people want you got to want it you know I really really really wanted it and I did it and now I'm teaching people to do it too I want you to think about what I said about the fact that you really have to believe that you're a winner say to yourself that you're a winner so we are approaching the end of 2013 and the beginning of 2014 it's a great time to think about your life every year that goes by people start to consider their future and their financial security with more seriousness today's world is not the same as 25 years ago or 10 years ago or even five years ago before the bank bailout happened well we think it's a secure job today maybe gone tomorrow we can be great employees productive outgoing hard-working and it may not even matter to our employer in the end if the company can't keep you on if a company has poor management they might fail and it's nothing to do with you or your industry might fail and it's nothing to do with you you are a skilled person with a great mind and everyone here is a great minor you wouldn't even be heard today to even comprehend what I'm saying so kudos to you for coming today because you have a good mind if you even came here to listen to what I'm saying something I said in the my writings captured your mind to come and listen to me today so you do have a good smart brain you just got to learn to apply it to the market you can work for yourself trading the market you got to create your own job security create your own future by taking the opportunity to learn how to trade the golden gap and make money make money make money trading so you can secure a better future for yourself and for your family and don't let anything stand in the way of your success and if you have friends they're poo pooing you trading don't talk to them anymore don't let anything or anyone stand in your way of success or doing this it is a dream job if you learn how to do this right you can achieve financial and personal freedom uh davin m is saying how long i've been trading the strategy i started treating the end of 2008 oh my gosh it's almost 2014 yeah so i started training out of 2008 and i did trade gaps at that time i didn't really throw myself into the only the gaps until the beginning of 2009 so 2009 2010 2011 2012 2013 yeah five years five years i'm going into my sixth year of doing gaps now i didn't you know roll out of bed and have 26 points i started trading gaps and putting it all together and then i started seeing some didn't work and understand why some didn't work and some did work and then i just you know was trading i was trading live live money in the market doing it going back you know people say about uh uh back testing things i i i didn't back test anything i did it i did and that's why this stuff is good because i did it with my own live money and when you do stuff when figure stuff out with live money it is real and it makes you go back and figure it out in such detail because you're doing it with real money you know and i made this system for myself i made it for myself i never made it to trade to teach anyone i made it for myself to trade i'm a live trader of someone else asked me that too someone emailed me over the weekend do i trade yes yes i trade i trade i trade my own account i trade my own money empower yourself empower yourself today baba baba saying i'm attractive thank you baba the golden gap course is a complete system to use to trade so it has all the pieces of the puzzle right here all the pieces of the puzzle to pick the strategy to take the entries where to put the stop where to exit the train support resistance targets everything you need the class is called the golden gap course it is a full today course on how to strategically find pick and play stocks at a professional bearish gaps and the keyword here is strategic okay strategic this is a key word here retakes are free the class is online it can be anywhere in the world and take the class it is november ninth and tenth this coming weekend saturday and sunday from nine a.m to five p.m eastern time the cost is two thousand four hundred ninety nine u.s dollars and if you are interested in want to sign up email me at melissa at the stocks wish dot com i already have more than several people registered okay so if you really want to do the class this weekend it's spots are filling up and today is only monday uh because i had this out last week that i was doing the class this coming weekend and people want to learn this to trade before 2014 so if you really want to do it email me and i'll get you the packet of information to sign up and i'll send you the outline that shows the topics covered in the class remember your path to success is a golden gap course and you've got to get on a path to success and if you're trading and you're not on doing something successful pull yourself back think about what i said tonight if someone asked you if you're a winner or a loser how would you answer right now right now that even thinking about it no thought process instinct that reaction do would you say your winner would you say you're a loser you gotta believe you're a winner and if you keep doing something that stinks and you get up every day and you lose you're gonna it's gonna continue to manifest the losses and you'll believe you're a loser and you're not a loser you are a winner you just might be doing something that is a losing play or a losing strategy or a losing system okay and what happens is these things take hold of people and they take hold of their emotions or take hold of people's minds when they're doing bad stuff in the market and then they think it's them it's not that's not you it's whatever you're doing you just gotta quit it and learn something new learn something good that makes you believe in yourself again feel that you're a winner make the money and find the consistency November trading is great because it's learning season it's learning season this month that's another reason it's been busy here getting people signed up for the class this is a great time to trade people love to train between now and the end of the year people are getting in positions taking positions off doing all kinds of things fall the weather is cold people are inside they'd like to train i'm also doing a trends course uh November 13th and 14th it's from one o'clock to five o'clock eastern time the cost for this class is 999 this is a course on how to read trends and stock charts it's just more for longer term uh reads on things uh very intellectual course as well i'm offering a comma class special for November which saves 499 so if you want to do the golden gap course and the trends course you can do both for two thousand nine hundred ninety nine dollars and save four ninety nine and if you're interested in this you can email me at melissa at the stocks which dot com this is a nice savings so you save almost five hundred dollars if you want to do both classes this month 2014 is almost here what do you want for your life in 2014 what are you gonna be toasting nearsie rolls around are you going to be in a beach you're going to be the bahamas are you going to be wishing that you had learned how to trade this year and not knowing what to do for next year where think about these things you still have time to learn the stuff and the information so thank you so much for coming does anyone have any questions before we review the earnings for tonight in my live trading room does anyone have any questions any questions about gaps or the class or anything i said at all tonight i hope that some of the things i said tonight make you think and are inspirational it is my desire to inspire people to trade the market successfully and to think consciously about decisions and choices they're making in the market it really does take skill to trade however you can learn how to do it and if you have any questions again here's my email does anyone have any questions is anyone interested in coming over and looking at some of the earnings tonight is asking about options i don't trade anything but equities and again i'm day trading so uh you know again people can do what they wish with this information meaning you could learn to redirectional bias and then take an option in a stock some will make sense some will not make sense i'm not doing that but i'm teaching you directional bias and how to redirectional bias in the 26 points the 26 points tells you number one the directional bias and if it's good and going to have follow through so you could take that information and actually trade an option if it financially makes sense i have had people do that that have taken my class i don't do that though but you could learn how to do the directional bias with the stock pick with the company and if it makes sense to do an option you could do one some it will some it won't do you know what i'm saying uh davin m i do not have a schedule yet for 2014 classes you know once the website is 100 completed which should be by the end of the year the beginning of 2014 i will have a schedule then for a calendar for next year on the website otherwise you can just email me and i can let you know okay all right so if everyone wants to stick with it kathy is going to push us over to my trading room you can ask me more questions there and we're going to look at a couple of things i like tonight and we'll see if any of them are gapping so stay with me here kathy is going to push us all over whenever you're ready kathy