 founder of Cybertrading University. Cybertrading University, I started over close over 25 years ago. I started one of the first online schools in today's industry where we focus mainly on day trading. What makes us so different than other schools is that we're just not your typical school that's just going to teach you how to trade. We're going to go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Elaine Forney and I'm actually living in North Kingstown, Rhode Island right now. Well I'm actually retired so what I do for living is I'm a trader. That's what I'm doing now for living. My name is David and I'm from Richmond, Virginia. I'm retired right now. I was in aerospace with Boeing. My name is Richard Serrano and I'm from East Drowsburg, Pennsylvania. I'm a network field engineer and I do telecommunications. My name is Phil Chib and I am from Alaska. I am retired local motive engineer. My name is Leanne Jack and I grew up in Appleton, Wisconsin. I'm a web designer and a friend and developer. My name is George Brooks. I am originally from New Jersey but IT for the last 33 years and in between that still cut down trees, climate trees and all that other stuff in between. My name is Terrell Lee. I'm from Mobile Alabama. I work in a small used car lot just to get out of the house. I discovered this whole community of traders in the trade room which you know I knew I was sitting in front of my computer at home all by myself and now all of a sudden here is this community out there which I found very generous. Everybody was so supportive and welcoming. I just really blew me away. What makes it so different than other schools is that we're just not your typical school that's just going to teach you how to trade. We're going to go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Josh Levitin. I'm from Bethpage New York and I'm the senior instructor here at Sabra Trading University. What makes our on-site class so great aside from the networking aspect of it all just having our students meet each other for the first time is the fact that myself and Faust are very hands-on with our students in the sense of just being able to literally overlook their shoulder and watch their trade what they're focused on from their platform. Some news came out and I think just pop. While I can comment on what they should focus on online they might not be able to understand that as well compared to having us right there in front of them. I kind of like the idea of not being in front of a computer eight hours a day because I can't do that. So I kind of like the idea of doing it in the morning and then going to do all the other stuff I need to do. Everyone that you thought was going to do that you're going to have nine losses versus one winner. Yeah it's like it's not worth it. When I spoke to Faust though on the phone and he interviewed me the thing he said the hardest thing for me to do would be to unlearn the things that I previously learned and it turns out that's a hundred percent true and the stuff that I'm learning from him and Josh and everybody really made all the difference in the world in understanding what a day trader is and how it actually works. Faust on the staff at CTU University they they're really on top of everything they give you good good trade choices and then they keep you alert on to whatever is happening in the market at the time for the day. Right so we made a profit what I just say earlier just take the money take the money and run because guess what if you didn't take it how would you be doing right now. Now you're now you're losing money you're just trying to make that day's pay that's all you're looking to do you got it you made it listen for every stock that's that kept on going for everyone that you thought was going to do that you're going to have you're going to have nine losses versus one winner. I don't think you're going to find a better support team in the stock trading business anywhere that's why I'm here at the platinum level. You know a lot of people want to go out there and trade and don't know if it's for them or not and guess what that's okay because it's not and the thing you have to look at is you have to find a mentor you have to find a school you have to sample a couple of things with a couple of schools out there do a couple of classes and you make the choice but don't make the biggest mistake that people make go out there and be part of 90% maybe even higher of the failure rate in today's industry because people want to try before they learn. I mean would you ever want someone to work on your loved ones that never went to med school or how about just giving your finance money to some financial planner then never learn finance we are no different but you are on the right path the right path is you should be doing it on your own and by doing it on your own you need a mentor to show you how to do it and that's what you're going to get here at Cybertree University. All right fellow traders this is Sal Stow Puglisi from Cybertree University can I get a little chat back if you guys can hear me loud and clear just broadcasting live right now in the trading room we're also broadcasting live on YouTube and Facebook good to see you Rich good to see you Dan everybody I perfect all right let me just get a couple more things up here and running I always like to kind of like to always share the webcam makes a little more personal let you know we're actually here good to see you Rich all right everyone can see the PowerPoint I hope all right perfect all right so welcome everybody hopefully everybody enjoyed that little quick little presentation that we just had regarding about some students that we have their experiences at here at Cybertree University well hopefully you could be one of them and the goal is today is I want to talk about how to trade the next biggest earnings session and we're coming up to a new one right now now with everything going on with it with a new presidency COVID you know what else we got going on the weather that's happening with the fires and the hurricanes and the and the storms and just everything just piling on over and over and over again the pot stocks the energy stocks you know is it too late you know you're getting you got a you know a bill that just came in doing two trillion dollars into the market into people I mean like there are opportunities everywhere and you know what don't worry about it you didn't miss it because every day is a new adventure and today just like today there was a lot of great moving stocks today we'll talk a little bit about it but to do it successful you got to know how to play the game and what I'm looking to talk about today I'm here to educate all of you is this I'm here to teach all of you about the art of trading a lot of you sitting there trying it a lot of you obviously are kind of succeeding a lot of people fail at it you just need to know how to shadow the big brokerage firms and most importantly how to find these stocks so you know basically just to tell you a little about us and so you know about Cybertrain University I know if everyone did their homework here but we have staff that are here to chat some questions like I said I'm not here to be here all day but I want to get right to the point but just tell you a little briefly about Cybertrain University I started the company 25 years ago and I was one of the original sows bandits now some people are asking what the hell is a sows bandit well it stands for a small order execution system which obviously meant the original day traders so I used to work as a as a prop trader I was a market maker here on New York I learned from the best traders in the industry and I'll tell you before I learned how to trade I actually learned how to lose a lot because I was like every ignorant 22 year old kid I'm 49 now but back then I'm like why do I need to learn this why do I need to go work for somebody can I do it myself and that's everybody's biggest problem right now they think it's that easy but it's so much more easier or to be explained to you if you just learn from people that will teach you what we're going to do how to stop losing money we're not here to teach you how to make money we're not allowed to tell you what to buy and sell by the way that's illegal I don't know if anyone knows that we're here to teach you how to think for yourself and that's really what the ultimate goal is now what I'm going to talk about what we're going to learn is we're going to talk about how we find earnings I'm going to talk about how to find upcoming earnings I'm going to talk about how to read something called level three which is NASDAQ total view we're also going to talk about tape reading which is really really big a lot of people are trolling what is tape reading I'm actually a tape reader I'm going to tell you a little bit about it and how to use it I'm also going to talk about how to control your vault control your profits by dealing with the risk that you get involved in in today's market so I'm going to talk a little bit about that too now it sounds like a lot but I'm going to ask questions I'm going to make it as simple as possible just be very patient and listen and please don't look at anything else before for the next 45 minutes now I just want to do a poll really quick here and I want to know what kind of traders we got in this room so can everybody just you see a little poll popping up just tell me what kind of trader are you a stock trader an option trader futures forex just want to get to know a little bit about everybody here all right so just waiting to come up now as you guys are filling it out I'll tell you what I am I'm actually a day trader ooh day trading isn't that risky isn't that scary I mean now four people starting to accept it like wow day trading is really you know great but let me just clarify what is day trading because 90% of the people think day trading what it is really it's not day trading means you're in and out the same day day traders only focus on making a day's pay we don't care what we trade we don't want to know what we're trading we're just looking for stocks that have great volatility great movement make our days pay and we're done if you hold a position overnight you're a swing trader okay you're no longer a day trader and then there's obviously options traders futures and forex so we share that poll with everybody so you know how you basically um you compare to everybody else now I see we have a lot of options traders that's great okay and we have a lot of futures and forex and we do have some stocks so let me just tell you my whole thing about trading the markets if you're trading a market right now and you're not seeing that you're consistently or even seeing progress within 30 to 60 days chances are you're not going to really get it you might need to start looking for a new market I've tried all of those I just found being a stock trader is just so much easier it's black and white you hear them talking about on tv all day and it's just very simple and then if you're good at that trust me then you'll be a better swing trader and you'll be a phenomenal options trader but if you're looking for futures and forex I know we have some people here if I don't trade them you're not going to see in our trading room but if you do want to know about it just email me I'll be happy to tell you there's only about three people in this that I know in the industry that are really good at it the rest of them are all smoking mirrors and just trying to sell you courses and you know try to take advantage of people that make mistakes and you don't want to be part of that so how I get started okay well the thing about getting started is that you have to work with people in the industry and you got to trade with people in the industry and what I'm looking for today I know we have a really really great audience today we got you know close to 200 people in here and what I want to do is I need to make sure that out of everybody that's here and I know that we have some students and everything else over here but I'm looking for traders that I could recruit that I could train that I could trade with now if you feel that you're doing this you're not making money or you feel alone locked up in your basement you don't know who to pass ideas with then maybe you might qualify to be part of our trading room okay I'm not looking to sell anybody anything I'm not looking to you know whatever these people do out there but I'm telling you what I'm looking for is something that is so unorthodox that you probably experience with other people I'm here to find traders like you that want to see people actually make money doing this and people actually talk about them losing money so you could see it and then hopefully be part of it and if you're that person let me prove it to you before we move on and let me show you what we got going on here all right so these you could see in my two families have my lovely wife Debbie's my three kids Alex, Max and Lucas they're married for almost 25 years now you know how hard to marry 25 years is but being part of a trader makes my life easier I could travel I could take them wherever I want this actually was on a vacation that we went to and then you have my second family which is right down the right and if you look at those people out there they look exactly like you I mean they're arch they're engineers they're accountants they're grandmas and grandpas they're you know you saw that people in the first beginning these people are just like you and I'm looking for people to be part of that team to be successful like that team now let's talk about let's get right into it talk about earnings okay so did you guys see what happened with zoom zoom biggest thing right earnings came out stock had a big jump in pre-market which was right here hold on me get my little pointer so you guys can follow along where's my pointer always get to grab that there we go here's my little highlighter there we go you can see how the stock right after hours came out earnings went from 360 to 460 and then boom just dropped why did it drop why did it go up who actually did you ever think for a second who actually is pushing that stock up and then who's actually dragging it down big big lots who really made this stock go from $56 up to $68 you bought a thousand shares of that stock that is a $10,000 more than a $10,000 profit it's a $12,000 profit hell if you only got a half that or half the money look how much you made but why did it go up who's running it up what's dictating it neo goes from 52 drops down to 40 never thought you could short a stock why did it go down these are the things I'm going to show you and explain because how many times have you been in a trade and you always feel like I don't understand every time I trade it the thing goes down and every time you know or does the opposite what I do I'm going to show you why that is because the problem what you have is you're not following the big boys you see you can't beat them I don't care what you say you really think you're smarter than Wall Street you know what do you sell favor I'm wasting your time you should log out right now I live here I got some of the biggest traders in the industry that live in my town okay some of them are members of my country club and believe me they don't like me they don't like me because they want they don't like what you stand for they want your money to you to trade for them so for me to tell you how they trade is like defeating their purpose but at the end of the day you know what you are to them you're the ants we're just trying to and they understand like listen these guys are moving billions of dollars okay you think they care that you want to make 500 a thousand you know what I mean they you're talking about a different league you're talking about the super super elite okay but you will have the IP access to get in there so you have to just know how to find them now when you look at some of these stocks with earnings reports there's a lot of stocks that come out with earnings every day and there's an earnings calendar you could get it on Yahoo we we look at it but you know the thing about earnings is that a company that comes out with earnings is going out of business every three months GE is going out of business every three months you're like how's that possibly been around for 100 years well because they have to satisfy their their shareholders that they're making money they have to report to them and that's what makes the value of this stock go up and go down due to earnings so there's a lot of companies that come out with earnings the question is how do you know which one out of all those are going to give you the least amount of risk with the high amount of reward remember earnings make volatility like we just showed you with zoom and and neo and all those other stocks but how do you know which one out of all of them that you want to trade so anyway couple of stocks here came out with earnings and but the big thing is look at this 200 300 500 almost 500 different earnings from different companies came out which is the best one to trade well this is what we do um everybody should have access to this it's called the big percentage gainers and losers now you'll see that there are stocks up here like AVIO it's up 143 NBFI I mean KOSS uh roadblock you know it's a company just one public you could see there are a lot of stocks in here and then obviously there's a lot of stocks that are getting hit you know and you could see them you know 45 30 20 so you can not only just go along but you could also go short these stocks you know you could bet on them going down just like you bet on them going up but the 64,000 question thousand hour question is like Fausto how did you pick all these stocks and some of you know like what made you pick those out of all these on this list how do you know which one is going to is the the most safest you know that gives you the less risk you know out there than some of the other ones well I don't know if you guys um have watched me and we have a bunch of people on YouTube and Facebook live but I broadcast live every morning at 9 a.m and then we also broadcast live for the afternoon at 2 30 so you can watch us live on YouTube Facebook live or better yet at the end of this presentation maybe you guys will have access and come into my trading room and you could see it all day long okay and you're going to get that opportunity in the next few moments so let's talk about this stock right that right here we're talking about big okay you see the trend you see the strong price levels you need to know what you're risking all these question marks right well the big thing is this you just got to follow the smart money and some people don't understand like wait a minute how do you do that how do you follow the smart money how do you follow guys like Goldman Sachs and stay away from Joe Joe the loser a lot that loses all the time okay hey the thing is I work for these guys you know I know what they do and I know how to play the game so one of the big things that I was taught was to use something called an incident machine where the institutions put their orders out there now back in the day the only way you can get that machine is you had to be licensed and registered as a professional trader which today today's times you don't have to do that but back then that was the only way to get access to this machine now to get that machine was over a thousand dollars a month now that's a hell of a lot of money for a 22 year old today it's like paying like 5,000 a month now I was convinced because just like you sitting here in the room you know I wanted to get into the trading business I know there was a lot of money it was the most prestigious job in the industry in in Wall Street and then when my when my mentor Frank Ferraro showed me he says look look at these all these idiots over here that don't know what they're doing and watch us how we watch the institutions and and and all of a sudden I'll see the stock go up because I would see the institutions bit up and then I'll see all the amateurs all the freebies out there that don't know what they're doing and they're getting suckered into their game so they just keep screwing around them left and right and you sitting here you like the first thing I said is is this legal so like of course it isn't you have a seat on the exchange and then my next question was why are they not doing it well two reasons number one you had to be licensed and number two they don't want to dish out the thousand dollars now does it cost a thousand dollars a month now no you know what it cost fifteen dollars actually it's going to cost nine dollars now let me ask you a question because I'm pretty much going to eliminate half of you right now and you can log out right after this I'm going to ask you um if I could show you seventy to eighty percent of where all the buyers and sellers are the high frequency trades the algorithms the dark pools everything that you heard that all about the boogeyman that's out there if I could show you that right now would you pay nine dollars for that right now to see to see a demonstration of it would you guys buy for nine dollars I know it's a dumb question and I hope I get a lot of dumb answers and the dumb answer should be you know yes yes yes if you don't answer that you should log out right now because obviously I'm wasting your time okay I'm here to talk to like you Henry Alex Nester Gus Rick okay good that's exactly why I want to hear okay if you can't say yes I'm wasting your time now what you're about to see is going to be very disturbing because I know a lot of you here and by the way I'm going to ask this question right now um I'm going to do a quick poll I want to I want to ask everybody's question uh okay this one uh could you guys tell me who really trained you are you self-taught did you take some paid courses did you do some coaching let me just see what and like I said you're just going to see how you are compared to everybody else in the room that's all now remember companies are coming out earnings and you're probably wondering you know is it going up is going down you know sometimes you hear companies come out with great earnings they're like I don't understand it came out great earnings why did it go down and you're these companies like they missed earnings and all of a sudden stock goes up you're like what the hell's going on why am I on the wrong side so let me uh let me stop this poll let me share it with you now for the ones that are self-taught you're probably going to be like me when I started I'm like wow that's ignorant and why do I have to be so cheap and be a you know like why didn't I not do this do this the right way why I had to sit there and learn the hard way watching youtube videos please remember youtube videos do not talk back to you some of you took some paid courses some of you probably going to be like you're probably going to be upset because you're like damn and I spent all this time someone taught me and this is just so much easier in its most common sense but it's okay you know what I'm glad that you went out there you probably because you did probably find the right person yet and then once I've coaching and mentors you know what I mean this is something that if you're still using them you might want to ask them because if they can't answer this question properly you're probably better off finding a new coach or a mentor in other words you're probably better off finding a new doctor all right so next poll question is this uh do you have level three access which is I'm showing you right now just give me a chat back let me know samu yes you can absolutely but you want to be a good option trader you damn well better learn how to trade the stock first all right so let me uh why you guys answer that pretty quickly I like this crowd you guys there's a lot of a lot of people interacting this one that that makes me feel a lot better I'll be honest with you I like that okay doesn't feel like I'm talking to somebody you know that's like duh you know so anyway there's the actual result so a lot of you don't have it and you know what you probably don't have it is because no one ever explained it to you so let me explain to you by the way before I explain it in more detail at the end of this presentation when I'm going to get all of you guys registered to get into my trading room and see it live you're going to watch a video of me on Nasdaq doing a live presentation on it okay Nasdaq wants you guys to have a seat on the table and they and I and I've been a regular guest they are showing them over and over again what actually it is so let me explain to you what it is and you're going to and then I'm going to show you how to utilize it in today's markets so right here on the left hand side these are your buyers and on the right hand side those are your sellers if you want to buy a stock you'll be on the left side you want to sell stock you'll be on the right side it's basically a negotiated market now whoever wants to buy the stock for the most amount of money is up on top whoever wants to buy for less money is down at the bottom so what you're seeing is a big chat room just we're depending on where you want to buy it where everyone else that wants to trade that stock you'll be put right there in that group and you'll be aggregated with all those people so you got the price which is up on top how many shares that want to be bought at that price and how many different orders are out there from different people so that is the power of level three you are seeing you have a seat right on the floor then you just envision this you get to see all the all the traders on the floor you get to see all their books you get to see everything I mean everything because remember this is how the market trades so without looking at this you kind of more or less trading blind wouldn't you like to know where the buyers and sellers are or would you like to work on some previous past history of some indicator that was invented by a mathematician or some really great you know YouTube video some guy that showed it looks good in a suit and tie or actually whatever he looks good in showing off his new car and sitting there you know screaming and looks like crazy Eddie but he sounds good and looks like he says what he's doing listen I've been there I've done that I know who these people are okay at the end of the day a lot of them are not traders um they're not professional traders by the way we're some of you here yesterday uh let yesterday afternoon when I did an event with Tom Sosnoff the founder of Thinkorswim he's the he's the CEO of Tasty Works anybody here for that good a lot of you work let me tell you do you think he would come on Cybertrain University and talk to and talk on your behalf on the Cybertrain University if he thought that we were teaching people that lose money you know I'm saying like he would never ruin his credibility and coming out there just not knowing that if I really am not the real deal so and it's the same thing with him and that's who you want to surround yourself you want to surround yourself people that do this as a career which by the way I thought one of the greatest lines he said he said I'm a trading junkie you know what I mean now the word junkie think of like a drug addict but as a junkie we're junkies I mean that's we trade all day long we do we do 20s 50 hundred trades a day so let me explain to you how to use this software okay so does everybody here know how to read a chart just give me a yes or no everybody know how to read a chart all right I got bad news 80% of your reading them backwards okay so I'm going to fix that right now okay so let me get my little drawing line here so here you have a stock right so right here it goes from at 930 it goes from 30 dollars and 50 cents goes all the way down stops right here okay at 25 dollars and 50 cents why 2550 why not 25 why did you stop at 27 what made it pick 2550 there's only one explanation right here there's a 58 thousand share buyer out there on that stock now I don't know if you know that's a lot but you know how I know it's a lot when you have everybody just showing you very small lots 100 500 10 and then you got this big order that is literally almost 500 times more than everybody else that is what we call an iceberg order that is what we call a demand that's all basically what it is so when you're looking at a stock and you're like wow why is the stock going to go up now well there's only one explanation support levels are made from buyers that's it and a lot of you looking for support levels but not realizing to confirm it's a support without confirming the buyers there because remember supports and resistance levels get broken all the time now let's change the slide here resistance okay here we got resistance Mara one of the cryptocurrency stocks doing great right stock goes from 2360 all the way up and it stops at 25 why 25 not because it's a whole number or it's it's it's it's a quarter of a dollar I don't know what you guys somebody's people hear the craziest stories how they figure out that number there's no other explanation why it's resistance levels other than there is a 127,000 share seller and there are 24 orders out there that make up that 127,000 shares look look look at everything else 100 400 200 I mean like did you ever even think for a second that you're in a position knowing that you're trading with other people in this world and doesn't it make sense to kind of just see where the big orders are I mean you want to go up you want to go you heard about the 800 pound gorilla in the room right do you want to go up against that guy well you are if you're not seeing them so you other than trading blind now let me explain something you go back in history again let me tell you about myself I said it earlier I don't know if you were paying attention but when I got into the industry and then my mentor told me like don't you think this is worth a thousand dollars a month because guess what this job pays high six figures you think there's free rent out there there's nothing free in this world and if you're one of those people looking for free stuff I'm just telling you right now you're wasting your time I'm actually going to do you a favor if anybody is looking for free stuff free software free technology free route free this just do yourself a favor start interviewing mutual funds start finding a stock broker just give it to him and just stick what you did how you made your money you're wasting your time you're going to end up blowing up your account trading is a very high risk okay people lose tons of money in trading and only reason why is they don't want to take the time to learn it right from the right people and you know what I don't know about you but I know some really good doctors out there that never took med school I could tell you a couple of countries you could probably go to and you know what you probably save a lot of money actually you know what they might even if you don't have insurance they might they'll do it for free do you want to be a guinea pig or say and you know what this is my health I rather I'll pay well guess what you want to make a great career in trading you better you bet you have to learn and you're gonna have to pay for something but it's not a lot it's not like it used to you know what blows my mind when I started trading when I started trading I had to pay $20 a trade 20 in 20 out of course be $40 to do a trade okay and I used to do probably maybe 50 to 100 trades a day my bill was probably about four to $5,000 in ticket charges a day some of you like my god how do you make money and you know what I made money back then now you're getting tickets for free and people are still complaining can't make money that's what really that blows my mind and the goal is the only reason why is who train you let's get back to draft king okay let's have a little fun here uh oh I didn't share those results that was a result for direct access okay so let me stop sharing and I want to do this one last I want to do this one last poll here okay so can everyone just tell me is this not going up or going down what do you guys think up or down just waiting for all you to answer this question Mike I didn't hear from you Bill John come on guys listen if you can't answer this question listen you shouldn't be trading it's a very simple question unless you're making it more complicated than what it is all right so let me end this poll let me share it with you so you can see that most of you obviously you said it's going down and you know what congratulations you're right okay and I always say this every time I use the same slide every time and for some reason people said it's going up I don't even know why you guys say it's going up I mean the trend is down the trend is your friend you don't buck the trend that's how it goes okay so if you said it's down you're right now where's this going to zero when is the stock going to stop everybody what is going to make this stock on back up can anybody answer that what's going to make this can go up just keep putting the chat room Dan says buyers Gus says buyers Jose says buyers Joe Alex Glenn buyers buyers but could you just put B in there for crying out loud okay so let me tell you why you're reading backwards if you're reading a chart does a chart show you buyers do you see buyers in this stock in the chart no so what the hell's a chart do oh that's right the chart works from the past it doesn't tell you about the future so why would you want what's more valuable to to see what happened in the past or what's happening in the future okay I'm on the future side so what I'm going to do is I'm going to hop out and see what the orders are so I'm hopping over here on the NASDAQ exchange and I'm saying okay I'm going to look on the on their exchange I'm going to look at the board I'm going to see okay where is everybody who's trading draft king where are those sellers and I look down here and the buyers you know obviously I'm sorry it's going down the other one was up stocks going down where my buyers and I could see right there there's 55 000 shares looking at a board at $57.70 that's a pretty substantial buyer actually we call that an iceberg so guess what stock hit that hit that that iceberg and shot right back up to 59 do the math if you bought the stock at 57 80 and you sold it at 59 let's just say whatever it is 5080 and 5090 you made a dollar on a thousand shares that's a thousand dollars it's a quarter million dollars a year who doesn't want that job who doesn't want that job I'm gonna sign me up but how do we know it's gonna go up because that buyer was there and by the way this is a one-minute chart so each one of those candles are one minute and you had literally several minutes to come to that conclusion and to come to that reality until that reality came you know a reality and it went right up all right let's go to this one let's have a little fun right let's forget about all those crazy windows and everything else let's go right to the data let's look at f-cell can you guys tell me where in theory would you think resistance levels would be on f-cell where do you think f-cell would hit a resistance levels what number just put it in the trading room see what you guys come up with you know it's amazing look how fast you guys came up with that number oh you don't have to go check the Fibonacci oh you don't have to go check with your you know your spouse oh you don't have to go check with the tv or check out the news you already knew right away you already knew right away you came up with a number and that number you just said it and if you said 1335 congratulations you're right because by the way I don't know where you got Erwin Freeman I don't know where you got 1632 from because there's only 300 shares they're gonna be sold there okay this guy is what's gonna sell it right there that is your resistance now when you look at this chart oh this thing's going up double top triple bottom I don't know what have you guys called that stuff no teacups and you know head and shoulders whatever you want to call it so anyway but look at it it hit it it came down it hit it you know what's it doing it's like but the trend is your friend right that's what I was told yeah right had that workout for you because now the stock just came right back down to 1570 is that what you want to do is that when you want to be behind the eight bull every time and get banged around was that hard was that hard yes or no thank you Mike thank you John you see that's why I love teaching now if you're able to see that well I want to show you live in the market when we're over okay I want to show you that this is not just some pretty powerpoint that Fausage has drummed up and like oh he just you know he's like everyone else he just basically you know fabricated it listen you know when you see it live it changes everything and you know what it's not really that hard it's not really that hard Joe yes it actually is that simple what's the hardest thing Joe though and the reason and there are people that do fail is the greed and if there's people that or people just a deer in the headlights it just you know they just don't know how to hit the button you know what I mean they're just you know and that's our job our job is to get the deer out of the headlights out of you our job is to teach you how to stop losing money because some people like oh I want to get in it but I'm in a loser right now you know what I mean well how'd you get in the first place you know that's our job okay because but what I need is I need people like you Joe and like you Kevin and John and Stephen and everybody up Erwin and Juan I need people like you to kind of help me find these iceberg orders because there's no software out there could do it and you know what when you come in my trading room you're going to see students out there that are doing exactly that okay and that is the power of being a successful trader so like I told you we call these iceberg orders I came up with that word so I take full credit for that I don't know that more and more people are coming up with it but I I came up with that word after watching the movie the Titanic you can go on my youtube channel you can look it up but you know what ended up happening with the Titanic we all know beautiful ship gorgeous very wealthy people right they were too cheap to get radar they were so focused on top and not realize it's not what's on top of the water it's on the bottom of the water because that thing really spreads out and you know what that's the reason why they sank and you know what that's why you don't want it you don't want it you want to know what those icebergs are because that's where it's going to stop and that's where it's going to freeze and that's where I'll rebound uh gee aren't there a lot of moving parts and day trading successfully arch you know what I wish there was but there's not people make it more complicated what it is okay everybody's got like a style right everyone's like oh I use Fibonacci's oh I use butterflies oh I use it there's only there's only black and white in day trading that's it it's all it is and you know everybody thinks like oh but I have this style because I trade these kind of stocks listen there are a couple of styles out there there's scalping there's you know there there's you know there's swing there's a little bit intraday swing whatever it is but it's pretty much cut and dry you know but you're gonna see it you'll see it when you come live now my next question someone just also brought it up I don't want to bring it up yet but some people always tell me Thou so I heard these are fake orders how do I know that's real well I'll tell you how it's real when you come my trading room I'll find an iceberg order and and you tell and I'll show you and you use your account you tell me how fake it is okay if you want to get stuck with about a hundred thousand shares of stock okay go right ahead listen they're not fake the brokerage firm will never let you put a fake order out there they're all real orders now can somebody cancel an order of course they could cancel the order you know you could cancel an order okay but when it comes to this the way the one way how we really know if those orders are getting canceled or they're getting executed is something called time and sales now when we coach our trade our students it's amazing how so many people don't use it and the reason for it is people think it moves too fast um they don't know what it really pertains whatever but I could tell you the first reason you probably have your default setup wrong that's the reason why that's number one number two you're probably trading a stock that's moving too fast and number three you know just to let you know this gives the data to the chart so you see a chart like where's a chart get its data from it comes right from here so you just basically just leapfrog everything else that's going on in the past now remember here um resistance on pcg right is right here you see it right there so we see pcg so if I was trading a stock and I'm in pcg and I'm like I got to get out of 13 that's where the biggest seller is you know and remember being a good trader you're always trying to book a profit so there's our resistance levels it's almost like common sense right wait a minute had the stock get to 14 what happened to that seller that was at 13 oh you know what he got executed how did we know that look at the time and sales green means um transactions going off on the ask red means transactions going the bid we're going to take two to tango so if you're getting a lot of greens that means that the seller that was out there was getting executed and that and you could see it 1800 18000 shares went off 5000 to 1000 thousand 13 1300 I mean there's a lot more greens and reds and you know what that guy got executed took a little time that maybe I don't know an hour eventually sold it all and you know what after that there's no one left there's nobody left and that's probably why this stock ran from 13 to 14 do you ever wonder why like sometimes you're like I don't understand how that stock break resistance levels I think well what what broke it like what made it go higher oh you didn't know the seller that was holding it back got executed and that's what makes these things go up faster think about it again like I said how much smarter and better trading decisions would you make if you were able to see these orders and it really just boggles my mind everybody's making a complicated more complicated what it is they're like oh this this this can't be the guy just I just spent $10,000 somebody told me every indicator in the world and it works but then you realize you're a lehager you're not a leader so listen as a trader you know there's a lot of methods out there I'm teaching you the wall street method this is how wall street trades I'm from New York I was trained by the best traders in the industry I made sure I went to work for the best in the industry and now is your opportunity to see it live in the market and see and put it all together listen if you're sick and tired of losing money you're sick and tired of watching videos sick and tired of somebody ripping you off or you know telling you something that is more complicated what it is if you want to see a 12-time world champion to action if you want to see other people making money doing it without my assistance here's your chance and the big thing you have to understand is this you don't have to make a lot of money make it a successful career you know you see these videos these people bragging about oh I made you know $30,000 I made $10,000 I lost $50,000 how are you going to sit at the at the table even if the guy's even telling the truth how are you going to sit the table and compete with him they're in a different league than you who here wouldn't want a nice hundred thousand dollar salary all you have to do is make 50 cents a day you see stocks move dollars look at this one this one is the one we traded today look at this thing this ran from eight dollars to 22 that's right eight to 22 all right that's a that's a pretty big move in a short period of time but you're telling me all I gotta make is 50 cents to make 500 a day which is a hundred thousand dollar salary who doesn't want that see I'm a realist okay I don't go out there and tell people to pretend and sell them you know the dream because you'll never get there I mean if you could in time but you're not going to get there starting out and you don't want me discouraged to get into it because the ultimate goal what we teach is people have to make a dollar a day dollar a day is a thousand a day and that's a quarter million dollar salary so um we're just coming up to the end right here so basically what I want to do is I want to invite all of you guys to come into the original day trading room that I started 25 years ago I don't know if you guys ever been to a professional trading room maybe you're in one right now where do you think they learned okay I'm the one that actually started a lot of those schools out there are students of mine okay I don't want to you know embarrass them but a lot of them are and you know what eventually you're going to outgrow ctu and that's great I'm happy for them you know but when you and I die the stock market will still be here so it's never really too late to get involved but I want to get you all to see us trade in the pre-market the aftermarket during the market hours see live commentary everything and you can make that decision before you go out on your own and like let me try and see a couple more videos forget about the videos ladies and gentlemen they don't sell they're not going to help you make money you got to be in involved involved in the field so this is what I'm asking everybody remember I told you nine dollars here we go nine dollars to get one week access in my trading room right now and this is what you're going to get you're going to get this cybergroup room for one week you're going to get three daily market meetings you are going to get a morning and afternoon watch list you're going to get your own personal education advisor yes you're going to be able to talk to somebody maybe like I never talked to anyone at a company before they just said to send an email unless I spend a gazillion dollars listen I this is nine dollars is an application fee to get into the room let me just tell you something a lot of you are going to realize you're not really qualified to do this and you're going to realize it might not be something of your taste and you know what that's a good thing because you know how fast you could lose nine dollars you could lose nine thousand like that you got nothing to lose because you know what after a week if I least get to show you what it's like to be in a real room if you're not happy I'll give you nine dollars back I don't need your nine dollars okay that nine dollars is just weeding out all the tire kickers okay I just I'm being dead honest with you I don't want you don't want to be in a room with a bunch of free people okay it's just chaos you know and it's also going to be manipulation okay you want to be involved and and you want to make sure that whoever interviews you you want to say okay listen you're serious we know who you are okay let's do is the right way okay so that all we're asking and guess what it's money back guarantee if you're not happy you get your money back and this is what I'm gonna throw as a bonus first 20 people that register I will personally even talk to you and now you must really fall if you chair and if that's not worth it to you then I can't help you listen if you're sick and tired sitting at home in your basement you're sick and tired hearing these people like why is wall street making so much money and you know and I'm not if you're sick and tired of all that here's your chance and if you want to continue after the week it's 149 a month and if you don't want to continue don't worry about it we're not going to charge you I don't need to scrutiny okay it's not worth it to me I have a five-star rating in google I have a triple a rating in the bed of business bureau I'm endorsed by every brokerage firm in the direct access community so if you really think about it for a second hey google stop I got google listen to me so anyway when it comes to trading I don't need to scrutiny if you can't do well it's not for you don't worry about it all right now what I like to do is this um I got a couple of minutes to answer some questions and then as you guys are registering for this at the end of the presentation we're going to play a video from NASDAQ and you're going to see it's a great video you're not going to want to miss it it was right before the bounce of the coronavirus back in March and that was one of the that was the last week before they shut down the NASDAQ center so you don't want to miss that so anybody have any questions um when can I start you know live okay so anyway when you register um you're gonna get you're gonna get access to an education advisor he's gonna do a walkthrough he's gonna tell you what to look at because you might go in the room you're like okay what do I do you don't want to be a deer in the headlights you know what I mean so when you get into that room listen to he's gonna tell you what you're looking at and we do not want you to buy anything please don't trade we just want you to watch okay and you don't got to be there all day preferably the first hour of the morning or if you can't make the last hour of the afternoon that's it you don't got to be here all day okay um but once you do that walkthrough then you can start on Monday Monday's a really good day you got a clear head you get a couple of days and then then we'll talk probably midweek okay um almost out of spots okay great guys listen it's nine dollars I just showed you Wall Street's biggest secrets imagine now I get to show you how these stocks how they go up like here's one that's going up right now that they're trading in the trading room give me show you this actually I'm gonna I'm gonna show you the room live yeah hold on this uh here we go let me bring this is the room you're gonna be in right here here's josh how instructor okay you could see the chats right here and you could see how the traders are actually working together look at this they got a stock right now they're trading right here it was this FINV look at this at 1130 it ran from six dollars to seven dollars we we're gonna find a six dollar stock go to seven dollars in less than an hour oh I know where right here did you know that did you find this stock FIFI what they just changed is looking at a different one now probably missed the run this one's probably running right now they're looking at oh yeah this stock right here GWAC up 11% it just ran from 12 to 1275 okay and right here on the right hand side you see us right here you see that that's called level three that's an aggregated we just showed you one ECN one NASDAQ book but there are a few other books look at all these orders out here we're going to show you how to read this stuff so you could see it see these orders get executed time and sales it might look confusing right now and I don't want to discourage anyone but trust me this is all gonna make a lot more sense as you get into the room it's all gonna be self-explained I started back um well Gus like I said great to see you on um start up in April just please don't make sure it's not an April Fool's joke okay a couple of shout outs you can hear I just want to go through a couple of people I just registered uh what we got here we got Roch Roch you must have emailed me did you email me Roch I thought I got an email from you uh from Wyoming we got Bruce Thomas uh from Calgary, Alberta, Irwin Freeman from Ontario well a couple Canadians here by the way 20% of the traders in the room are from Canada I've been going to Canada for over 20 years um Canada's love you know the love the trading US market I know your mark doesn't move too much Johnson from um S. Johnson from Texas it's got your registration here now you'll notice that there's a questionnaire that follows with it part of your application is please make sure you fill out that uh questionnaire so we know a little bit about you and don't lie try to give us as much more information the better the more you give us the more we can help you all right any other questions you can hear the binging going in the back Steve um Steve F from another one from Canada from Upper uh Lake have okay oops sorry about that kind of messed up my powerpoint here let me just fix that and bring it back to normal so anyway let me bring this up so this is what you're going to get you're going to get for $9 you're going to get the live cyber group room for a week you're going to get three daily market meetings in order a morning and afternoon watch list your own personal education advisor a weekly live Q&A session that we do at 11 every Tuesday 100 hours of recordings three premium workshops you can't get this on YouTube okay all right all for a lousy stinking $9 and you know what after you're done if you don't like it you don't feel it's for you you can be $9 back I'm looking to recruit traders I could trade okay and if you can't get through this which is basically you know the start of your career then don't then you know what at least you'll be able to answer that question to yourself that now you know the real truth about trading listen I'm the original day trader at starting some people call me the godfather of trading I don't like that because I'm Italian but I am a godfather anyway but if you want to know what it's like to be the original and be with the original day trader now is your opportunity you want to get the opportunity to talk to somebody and say wow I can get that conversation and be able to ask those questions that was never be able to answer on my own here's your chance for what $9 okay or when you use Questrade yeah Questrade is not bad in Canada I think there's a few of them that interactive brokers are pretty good up there uh David you'll get the you'll get access right away when you register right away you'll get access um to the portal page and then it'll get activated we will not let you in the room until you talk to an education advisor because they have to do a walkthrough with you you'll be totally lost and you'll be discouraged and we don't want you to just be walking you know blind in a store in a candy store without someone at least giving you orientation and show you what's going on listen we're very big when it comes to customer service okay this is why we're the most popular educational school in the industry is because we take the time to explain it to you and if you're not going to move forward with it at least you can walk back and say you know what those guys at a cyber trade university did a great job explaining it you know and I'm glad they did because I could have just blew up my whole account um let's do a couple more shoutouts right here we got David Cook from another one from Canada my god this like uh everyone from Canada is coming back uh David D from uh St. John's we got Samuel from North Carolina just got your registration great fishing down there love it down there great fishing a couple of questions here uh can you give uh give us everything we are getting here uh yes rush we get everything that you see listen I can't teach you how to trade in an hour okay I could just literally just get your attention so the next step is now seeing it live you okay that's the big thing uh do you do any teaching in the live trading room okay so the room that you're in yes you're going to get some teaching but you got to remember this is a trading room it's not a teaching room the treat teaching we have we have the q and a session you got some videos you're going to get with it all right so that's where that comes in we do something called uh traders talk all right any anything else any other questions guys great questions by the way great audience uh I'm not asking that I just want to uh list of what we get once we have we're registered well right here you got the list right here this is everything that you're going to get this is what you're asking right here full access and you're going to get this down here and you're going to get this crash course right here it's a lot it's a lot do we uh how do we get access to level three so Sandra that's a great question Sandra I didn't see you register yet I didn't see your name but you know that's a great question I don't want you to buy anything don't buy anything until you get let me show you in the room okay don't buy anything you don't need a brokerage account you're not going to buy anything you're not going to trade anything we just want you to watch and see the people that we've trained that are part of our team part of our family and see if they make money there's not the Fausto show there's not the Josh show it's not the rich show it's not the great show this is the cyber trading university you know uh school of trading and that's that's what you're going to get Andre listen that is something separate you know if you want to start taking education to a totally different level with us if you want to do the 101 coachings if you want to do um you know the full-blown you know uh interaction everything else yeah there's a cost listen nobody works for free okay but don't worry about that right now don't worry about that right don't even worry about don't worry about the cost of what it costs right now you're renting a car for a week you never drove a car before and then you're worrying about what the car cost after it's over you might not even need the car or you might be like oh my god I never knew you could actually own your own car this is like the greatest thing I know I'm using a stupid metaphor but you know what the bottom line is you don't know what you're getting yourself involved in this could be the greatest thing since sliced bread and you know what a lot of you spend money on training so you know what what's important but the thing is you got to start somewhere and it all starts with a nine dollar um you know application date do um do you know if um same as a question do you know if level three is on Schwab or thinkorswim yes Schwab has it thinkorswim does it but you could still trade with both of them um and it's not you're not talking about level three more or less you're also talking about direct access but um but I'm going to be doing a video on thinkorswim because they just got level four they just implemented it in there and uh I'm gonna do a video on that so they just got it just now which is great Audrey yes after a week if that's what you want to do that's what it is if you don't don't worry about it listen I don't need the money I don't need to scrutiny okay that's where it comes down to it um any other questions I got some great questions here all right so guys listen don't go anywhere while you guys are still registering I want you to watch the video of me on Nasdaq because I'm going to I'm going to uh it's only about eight minutes and you're going to watch this was the last episode before they shut down the Nasdaq this was the bounce the bounce of the market and you're going to see exactly how I explained to you and how I know that it was going to go up by using the Nasdaq software okay and using the exchange itself where I was at that they what they want you to use and how it works and then hopefully if that convinces you then you realize you know this is something that you have to do it and you gotta do it the right way so thanks for watching don't go anywhere we're going to play the video and I look forward to seeing you every single one of you in the trading room thanks everyone welcome to Nasdaq trade talks I'm Jill Melandrino global market to reporter at Nasdaq joining me at the market site in Times Square New York City we have Fausto Puglisi is the founder and president of Cyber Trading University we're going to take a look at how traders are using total view and Fausto could not be a better time to have you in with us at marketplace because with everything going on the volatility we've seen in the market since you were with us in the middle of February last time that was pretty crazy traders are asking themselves what's the bottom what's the top but as a day trader you can kind of get inside look when you're looking at a single stack what is Jill is that thanks for having you again and yes when it comes to day trading people realize that what happens over the course of the day which trickles down to a swing trade into a long-term investment and my phone's been blown up people could ask me is this the bottom is this the bottom because I'm looking we're looking at the market all day and honestly this is how you really know it's the bottom when you have the worst of the worst of the worst news and just constantly old negative stuff and the market's not going any lower that's when you know it's time to buy so as you see like a lot of bad news keeps coming up and then obviously so what happened yesterday when they load the Fed rate by a half it took for a big decline and all of a sudden the market's up what about almost like 900 points so far so and there's still a lot of bad news that's coming out with the coronavirus and everything else but that's truly when you know when you hit the bottom so for some of the listeners out there that really were missed their boat when the market had a big rally you almost hit 30,000 you know these are the opportunities you know honestly it is like the same thing I saw back in 2008 when we had the financial crisis so once you start seeing all the bad news things start backing up well start going up all right let's take a look at our example here today we're going to look at ticker symbol mr and an insect listed of course what are we looking at where's the levels that you're looking to sell okay so listen what is mrna you know I keep bringing up stocks and people like what is this company it doesn't matter we're just here to make money the main goal about total view and you have to understand how it works how to know where the buyers and sellers are it's all about supply and demand that's why it's such a great tool so we're looking at a chart right here and we're looking at the stock right here and the first thing people notice is like the stock's going up beautifully nice look at the stock started this morning it's at 2580 it's at 28 is it going higher now the goal is why is the stock keep breaking out it hits a resistance it comes back down it breaks the previous resistance keeps going up how do you know it's going to keep breaking higher highs and that what we're going to do this time is we're going to bring a video so you all could see exactly what it's like to see in the real market conditions all right so let's move along to our next slide here that's exactly what we're doing let's take a look at total view I'm going to let you take the reins tell us what's happening here okay so we got like a little minute video here so we're looking at some real time and the key here is time and sales these are the transactions that taking place we're looking at level two level two is basically people get for free but it doesn't give you the depth of data as total view does now the key here is that you see you don't see that many sellers out there you're just seeing the best bid and best best offer of that exchange but you'll notice how the stock keeps going higher what we need to focus on is the way you see the big sellers and you're looking for big orders you got a 50 51 different orders out there right around 20 28 things going so quickly I try to slow it down so right around 28 out 2850 so that is really your resistance level so when you're looking at a stock going out the going higher you're going to say is the stock going to break out so you see it's coming up to this guy right here really quickly you see it's coming up it's coming up to this person right here it's 70 000 shares 5000 shares uh so it's going to come up to that seller now the goal is this is that guy going to get executed remember you have 100 share sellers 300 shares 1000 you have a big a big order out there you want to see that guy gets executed and you want to see if that's how it breaks out remember what makes support resistance levels is buyers and sellers so you got a seller out there so we're coming up to that seller right here now the goal is is to look right here and see if that seller gets executed and you see it's coming up to the seller and boom the guy gets taken out it's it's actually executing it boom boom boom boom look at that see all those trades actions it took the guy out now look how fast the stock goes up from 250 we're 260 270 280 boom like that as quickly as that that's why it's so important to know where the orders are no way the resistance and see if the guy gets taken out now when we get to the next slide look at it we're already at 2880 yep and you can see you can see it's 35 000 which is exactly now this is the next order now the exact question is here is the next biggest resistance there's a 33 000 shares for a there's there's a hundred different orders out there now then that's where the next resistance level is so the goal is you hit a resistance where's the next resistance the next resistance is the next biggest seller so now we're coming up to him and we're going to see what's going to happen when he gets to 29 yeah it happens so fast well also this is about a a five minute video that I was able to capture when we traded this stock and I kind of speeded it up over about a minute so it doesn't move as quickly boom we hit 29 the guy got taken out again and look at the stock just took off again and and what I want to explain to you Jill is that and your listeners have to understand is that when you have a big seller out there and that guy gets taken out that is a very big demand someone says oh wow I'll take that 30 000 shares and that's why you get the stock that really really starts to take off now the next thing is that you're going to get some resistance levels people it's going to start backing off there's always profit taking going on right so when you have profit taking going on you can see profit taking going on but the question is is it really a profit taking or is it just people just uh uh or is it really going to go lower in this case it's not seller got done remember we just watched the stock go from 28 to 29 now look at it we're at 2950 already stocks keeps going higher and higher because those sellers are getting executed as those sellers get executed there's that means there's a demand for it when you see big block orders out there it makes a bigger demand that makes it higher now the next resistance level obviously is going to be where we we have to focus on where the next biggest orders are so we got some we freeze right we're done nope we have a little bit more to go here we slow down over here yep we're done so the next video we're going to show you actually go to our slide here so this is where you're looking at those levels right so we look at the seller so we have a 67 000 share seller at 28 so now we have to look what's what's what we call iceberg orders what does that mean okay so it's a funny story so i came up with this word about 20 years ago after watching the movie to titanic okay i should go watch that movie very sad movie i definitely i'm recommended so anyway what happened to titanic it hit an iceberg and the thing is everybody was focused on the pretty of the ship and above the water they didn't realize it's not what's above the woods at the bottom of the water icebergs are really big so what happened it it crashed and it sunk so what we're looking for is big iceberg orders which we call some people call big block orders but when when you see a big big big order it's called an iceberg order so now we're looking at a 28 90 and we're looking for a resistance once again stocks going higher we need to focus on the next resistance level all right and which is on the next chart here particular yep so here's a quick just a quick little screenshot so as we're looking at it at a you see it's a lot easier when you're focusing on when you're just looking at the at the level of the total view and it's easy to point it out now please keep in mind you listen to have to understand we're fast-forwarding this pretty quickly to get to the point it doesn't move this quickly um but i'm showing right here is the quick screenshot what we're focusing on is this big order right here for 73 000 shares and is 30 uh there's 315 different orders out there making up that 73 000 now um the thing i just want to point out is i'm going to teach everyone a quick little lesson yeah don't ever sell anything at 13 30 dollars go out of 29 99 you just cut the line by so that's for anything that's like an evil even number biggest trip biggest uh biggest uh trick i was taught by my mentors when i was younger listen everybody's gonna think 30 everybody's gonna think 20 go out 21 99 you just cut the line by 73 000 shares that's a very good like selling a house or buying a house it's like that those incremental psychological levels well if you remember if you look at it the stock has a penny intervals every so that's a little tip but the thing is let's focus what happens to the 30 no just right off the bat you know that's a major resistance levels and that's what we have to focus on that's for this to stock to go any higher it's got to get through that 73 000 share seller on total view all right well let's take a look at that next side see what happens next now we're going to get the the other piece of the trade okay so here we're now we're looking at the stock moving here's 29 45 20 29 48 62 67 so the sellers are getting executed you can see the transaction is taking place but we know that there's that guy sitting right here and now his order is coming up look as he's starting making up the ranking it's getting up to 30 it's getting close to him so let's watch what happens 74 70 look at the transaction is taking place it's trying to get there and by the way those orders they're all real people think like that fake those are real orders can a guy cancel it of course they can cancel it but that you have to take very seriously and that's a real order out there so now when as we're looking at it and as it's trading it's trying to get there actually it kind of almost tested it you see that right there's a candle right there it's hit it and now starting back awfully nice I see the red candlesticks so now that means that that the last sale is lower than the previous and this works for all kinds of stocks ETFs would it work for ETFs futures it works the same way remember it's the movement of stock that makes all those other things yeah ETFs and everything else you could you could look up any ETF and they'll come up on total deal look now we're down to 29 yeah so my point that I'm getting to is this if you didn't have a game plan Jill and didn't know that that seller was out there and you try to like and actually if you go to the next slide this is exactly what you were talking about there's your level right there if you didn't have a game plan and knew that seller was out there and look at look at that candle that stock literally moved look how fast it moved in that one bar chart if you didn't have a game plan to get out there before that guy was out there and if you didn't what we call shaving if you didn't shave just before that 30 and cut that line guess what you would just look how much money you would have lost that stock didn't even drop from 30 look where it went to 27 30 you would have got crushed on that trade because what happens if that seller's out there and he's not getting executed he really had to sell at order Jill how's he gonna get out he's got to sell to the buyers if he hits the bid he's learning that stock down not you and I remember we're not trading 74000 someone else is but and it's not one person we saw it it was like there were several people out there doing it and that's how you got to focus on using the total view when you trade in today's volatile markets all right so cool to actually watch it happen in real time thanks so much for doing that for us about so and thank you for joining me on trade talks I'm Jill Malantrino global market reporter at Nasdaq