 Welcome, this is Melissa Arma with the stock swoosh and today I'm going to talk to you about the value of getting a trader education a lot of people Attempt to trade the market. They want to become professional traders or they just want to make money a training They don't really even know how much they want to make or are really even what it takes to make even one dollar in the market Let alone to be consistent in the market and a lot of people just jump in They get a lot of free information education online think they know how to do it take picks from people that they don't know anything about and Then consequently lose so I'm going to discuss this today with you right now This is me if you have any questions you can always reach out to me at Melissa at the stocks wish calm Follow me on Twitter Facebook YouTube or Skype or call me at nine to nine thirty two hundred gap Really training if you want to do this for a job is one of the greatest jobs in the world Why because you only are trading during the market hours, which are very short 930 to 4n it's only money through Friday and you can work from home and it can be anywhere in the world So really when you decide if you want to trade This is really seriously what you want to do and even if you want to do it per time or on the side Meaning just take a couple trades a month not even every day when you decide that you want to do it It's really something that you have to take seriously where you have to educate yourself on Trading and find a good system that you will be able to use consistently to make money So when you choose education, it really is a gift to yourself You are giving yourself the chance to be successful the opportunity by learning a system now for me I created my own system ten years ago now. I began trading 2008 2018 end of 2018 I will tell you that when you choose to trade you have to take it seriously If you don't educate yourself before you risk your own money in the market You're you're going to lose and it doesn't mean that every trade that you take will lose It means that more trades will lose than win if you don't know what you're doing and the stuff that you get online That's free is never going to teach you how to make money in the market. Otherwise people wouldn't put it out there there's always Something when people put information out there that you have to be aware of and I'll talk about that in another webinar Later at some time, but when you're thinking about doing this, I can't stress enough how how serious you have to be So give yourself the gift of education. You are saying, you know what? I'm gonna invest in myself I'm going to like you would take any class at any college at any university Any time that you would decide that you would have become better and smarter and more proficient And you're and you're actually putting your money in yourself You're investing in yourself investing in yourself is something where if you're not willing to invest in yourself Then who else is going to and if you want to be successful in the market It's something that you have to take seriously And I think one of the reasons that a lot of people lose money in the market is that they do not take Trading seriously that don't take risk seriously They don't take a learning seriously before they place trades in the market anyways This is a classic example classic Melissa because it was a great call on big This was Friday December 7th great call Why because a lot of day traders probably lost them big because they were in the wrong direction They went long and big was a short so you wouldn't learn in my system how to find stocks like big and How to take them in the right direction because big was a short it was not along this tail here though Shows you how the stock lifted first and people tried to push it back thinking it was going to fill this area And it didn't do it. It was a short and was a nice nice trade if you did it correctly Anyways, here was a one-minute chart stock close to your gap down fell Rallying we were in it had to stop at the correct place and then it got the drop So if you were short this you made money now without going into a lot of detail here This is what you learn in my class But when you short a stock say at 33 and it drops to 31 your profit is two dollars times the amount of shares You have so if you have two thousand shares in a stock drops two dollars and you're short it You would make what four thousand bucks. That's how you do it that's how you pull money out of the market and So this is what I teach really in my class how to find the ticker symbol how to trade in what direction the entries and The system itself. It's really a lot less stressful though when you follow someone if you decide to do my course You are eligible then after you pass the class in order to join the live training room It's a lot less stressful when you can follow someone in the live trades in the day in the live moment And it's a lot less stressful when you can learn from someone instead of creating your own system Creating your own system takes a lot of work a lot of energy a lot of time a lot of effort and a lot of money too And many people will never even attempt to do this So it's very important to find someone that you can follow that you trust it makes it less stressful for you And ultimately it's just common sense to learn how to do anything I mean you would never go out and Attempt to do any type of professional job without learning how to do it first I mean it's just a crazy thought and yet people do it all the time with the market They think that the free information they get online is going to teach them how to make money and it fails It fails even if it doesn't fail every trade it fails in the long run or even in the short term Because you will take more trades that lose than win So in the bigger picture investment is really an investment in education Which is an investment in yourself and a lot of people are just out for the immediate gratification They want to join my live trading room take the trades Make money and then not paid for the education. I don't allow that so one of the best decisions I've made for individuals to mold good traders and for the stocks which business is to have people come to me They're serious about learning how to trade so that they are serious about their own success And I know when someone pays for my class they're serious about learning and they're also serious about their own success And they're willing to invest in themselves And if someone isn't willing to invest in themselves in their own learning process and education then you know It'd be ridiculous for them to have the To be able to let them come in my trading room and have the benefit of taking my great calls Lots of them that I have just like big And he was many people and again, I've had the business now for six years It's a six-year anniversary the business year 2018 many people would prefer to slowly be in pain Losing a little bit of money slowly day by day and week by week or making a little bit slowly slowly slowly slowly But usually they're losing they're losing week by week month by month and year by year of the market versus investing in education Up front in one chunk of money So somehow people like the idea of just dragging out the pain or the cost of losing And it's just and this is all the cost to trade rather than to save themselves time But just paying for education and learning what to do and then beginning to make money ASAP people would rather For five years ten years lose slowly in the market Hundreds and hundreds and thousands and thousands of dollars rather than invest in one class learn how to do it and then move forward in their trading and their life so many people would rather just go through the slow pain of losing their accounts rather than pay for education and and and Really they're doing this because I think the pain is less But it's not so are the losses any less or slower? No, typically there more This is a story. This is an unfortunate story But a man that I spoke to who called me on the phone It was going to the class in September for whatever reason he chose not to do it He chose not to do it He told me at twenty thousand dollars in his trading account a didn't take the class in September still has not taken the class Then I followed up with him In October to see if he was ready and he said no He said he couldn't afford it because he didn't have the money. I said, what do you mean? What are you talking about? He said he lost half his account I said wait a minute wait a minute wait a minute you had twenty thousand dollars in your account You lost ten grand in the last month and he said yes He did so in September he told me he didn't have enough money to do my class Which he did my class is six grand and he had twenty thousand dollars and then when I talked to him in October He still had enough money for my class. He had he had ten thousand dollars, but he had lost ten Okay, which was more than the cost of my class lost ten thousand dollars in a month Which is a huge amount of money to lose in a month and then still said he didn't have the money for my class But he did he had ten thousand dollars I don't even know where he is now haven't talked him for months. It's December He may have blown up his whole account by now because it's December the last time I spoke to him was October And this is many many people's stories. They hate to invest in education And yet they will lose lose lose money in the market And I'm sure he didn't lose in a one-full sweep on one trade the ten grand that I know that he lost I'm sure that he probably lost it over a period some winning trades some losing trades But in the end chasing it back trying to make back the money that he was losing and not understanding that he really was never gonna Ever make money in the market without the proper education. So it's very very unfortunate story He wouldn't listen to anything. I said he wouldn't take my advice. I don't know where he's at right now But this story is many many many many many people's stories that are out there And they'd rather the pain of losing the money in the market somehow that that's that works for them but it's just so dumb it's just so dumb to trade without knowing what to do and Ultimately many people lose as traders or investors in the market because they do not know what to do So while it's true that not all trading education out there is good In fact, a lot of it is crap because when I wouldn't have had to create my own system If a lot of it was good out there, okay, because I checked out a lot of places myself But even though Okay, while it's true that not all trading education out there is good of quality It is also true that not all trading education is bad Okay, the problem is that people never are sure if they will learn enough to cover the cost of the education They feel like they're losing by paying for education Meanwhile, they lose in the market year after year without knowing exactly how long it's going to take for them to Make the money back for the class But I must be honest with you at the point of doing my courses to learn how to trade the market It's not to worry about how fast you're gonna make back the cost of my class Although it's great if you can make it back in the first week or the first month or even in one train I've had people do that's not the case for every single person because every person is risking a different amount in every trade that they take so the reality is that When you come and decide that you are investing yourself and you want to learn my system on my method you have to look at it and the bigger picture the bigger picture is you're gonna get good and Maybe you'd even get good as good as me But the idea is really to learn what I know so that you can use it for the rest of your life So that's what people should do is come with an attitude that they're gonna get better and smarter and better at reading charts They're gonna learn how to reprice action for me They're gonna learn how to trade they're gonna learn how to make money And they're gonna make back the cost of the classes ever as long as it or short as it takes them to make it the point is that they're gonna do the right actions the point is that they're gonna move forward and be profitable by following the system and Not deviating So how should people think about making educational choices? This is this is this is something that since I've had the business for six years I'm just a gas like the story I told you about the gentleman earlier lost so much money in a month And there's many many people that have lost way more people really have to be smart about it It's almost like you have to step outside of yourself and act like you're giving yourself advice like you were your best friend or even your parent You know, that's that's the best thing that I can say because sometimes people want to have this outlook where they say well I'm gonna do it and I don't really or I I know enough or I don't really need to know anything Or I'm just gonna join this trading room and jump around from trading room to trading room You're never gonna make it that way. Okay, people should not trade with that education Even if they're in trading rooms that allow them to be there and There are many rooms out there that allow people to join the room without learning first It's a terrible decision for for for that individual because they're not gonna become a whole person a whole trader They're not gonna gain the skills. It's a skill set when when you learn how to trade and read price action It's a skill set. Now. What do I mean by price action? I mean, I'm gonna go back here to the start here I mean the ability to see that big in here was a short not a long so my ability my abilities Okay, I have many many abilities But one of my abilities is that I can read that big is a short on 12-7 not a long so if you want to make money and big on Friday you had to short it Okay, so that's a skill set that I can see that and not only that that I can see it before the open Anyone in the world can see it now and see that big goes lower and is lower But I saw this before the open before the stock even open before 9 30 Eastern time before the market even open in the morning In the pre-market is when I rated the gap and I read it and that is my skill It's a skill that I have it's a skill that I've honed and that is the benefit of coming and learning what I know And also to be in the room with me because I have this amazing skill and it's gotten better and better and better over time again Because I've been doing this for ten years and when you choose to really invest in yourself to get good at something You will get better over time the many traders get worse over time because we're so confused and they go around from jump around From thing to thing to thing to thing in fact this gentleman that lost all this money He was honest with me and admitted to himself that he jumps around from thing to thing all the time in different trading rooms Until he decides that he wants to invest in himself and his own Choices in life to actually be successful and make money in the market He should just stop trading because he is jumping around too much and will never never profit from the market it is better for people to Take a class and learn from someone and just fork over the money up front for the course and learn a system That's good and quality rather than slowly lose money in the market. You're gonna save yourself time time is invaluable It's one of the most important things in my life right now, especially in 2018. I'm juggling so many things People that don't make money, you know, they are just at the point where they have to say okay Either I'm gonna pay someone else to learn it or I'm gonna spend this much money and this much time and this many years out of my life to figure it out myself and Most people will never do that and even if they try they will fail because is match money and time as I think it will require It will be even more and I'm speaking from personal experience here now because when I decided I wanted to trade in and create my Own system. I thought I could figure it out in six months. I thought I'm so smart I can figure it out in six months maybe a year It took me three years to create the Golden Gate to get all the points together Everything and I hear it is ten years later and I'm so good at what I do But many people will not be able to do this They won't put forth the effort and time and money is required and they'll never get good They'll never get as good as I am because the fact is they will quit Many people start something and they're totally unrealistic in their expectations and quit You have to look at this as a bigger picture. You're investing money in your own education Which is investing money in yourself and you are actually or you should think okay? This is your attitude. I'm saying if I was you but this is I think it's about myself And I'm saying people should think this about themselves individually, too You should look at yourself as a good investment if you don't look in the mirror and look at yourself as a good investment How could you possibly think anyone else would how could you ever think you could get hired for a job? How could you ever think that you'd make a lot of money in this lifetime? How do you ever think that the market's gonna ever pay you? Okay? You have to look at yourself that you are worth investing in that you are worth your own success That you have to look at yourself and become more confident And even if your confidence level is low because you've lost money in classes in the market in the past You have to say do do I'm gonna have amnesia about all of that. I learned from those experiences I'm not gonna do it again. I'm gonna be smart and I'm not gonna make those same mistakes I'm not gonna make those same mistakes in the future. I'm not gonna make those same choices Going back to this previous gentleman who lost all this money He's gonna continue to make the same mistakes over and over and over and over and over again until he just looks at himself in the mirror And says I'm not gonna do this anymore. I'm gonna do Melissa's class. I'm gonna listen to what she says. I'm gonna pay for the class I'm gonna take it. I'm gonna learn. I'm gonna take your trades and people go through their own process But what I find unbelievable actually I do find it believable, but I'd still find it shocking Okay, I believe it but I still find it shocking that people Would rather waste countless countless months and weeks and years of your lives Trying to be successful instead of just jumping in full-on full-fledged Diving into the pool towards their own success to make it happen as fast as they possibly can and Being on board with that in other words, you got to be on board with your own success You have to be there you have to be present you have to be invested mentally Emotionally you have to get you have to go to bed at night and get the right at number of hours of sleep Don't trade on an empty stomach be there be prepared pay attention in the class listen to me in the trading room I mean take notes all of this stuff So if you really really want it if you really want it and you really want to make it happen You can you got to believe in yourself and even if your confidence is low You can turn that around in a second in a day doesn't have to take weeks and months and years to turn your Confidence around or even to turn yourself into a successful trader Trust me when I say and I will not be wrong that 2019 this is a chart of the QQQ's will be an extremely volatile year for the market for traders for investors for anyone That has a dime in the market, which a lot of people have the retirement accounts in the market and 401k's I had a call from a friend the other day. He's going nuts He's in all these things yet and meet with his investment advisor He's he doesn't know what to do a lot of the positions that he's been in this investment visor had him in Have been down because the market's been down for the last month So I'm telling you you got to get on board with your own success You have to know what you're doing with your money in 2019 if you were a trader and you lost in 2018 You're probably gonna lose more in 2019 if you're a trader that doesn't know how to trade and you're trading You're going to lose more in 2019 if you made money in 2018 You could still lose in 2019 if you don't know how to trade if eat because what you did in 2018 is not Gonna work in 2019. I don't know if that makes any sense You have to have a very strict solid system and you have to know what you're getting into in the market for 2019 If you're an active trader, it's a great time to make a lot of money If you know how to play the stocks right, you know what stocks to watch and you understand the market I'm very good at reading the market. That's one thing that a lot of people have given me credit for I have never been wrong since I've talked on national TV about my calls in the market I'm telling you that this is one thing that when you understand how the market works And you understand how the market overall market affects different stock symbols, too It will really help you and benefit you and your overall trading the market in 2019 is going to be extremely volatile Do not trade a risk your money without a system that works. You have to be think the thoughtful. You have to use stops Okay, and you have to understand what you're doing Okay, or follow someone that does and pay for the education of that person like me So there's a there's an old saying out there. I don't know if you ever heard it. Okay. It's a 1990 90 rule Okay, 90% of the people that attempt to trade the market lose 90% of their money within 90 days Okay, that's just like a one of those chains. It goes out there a lot of people open up accounts They open up retail accounts or 25 grand that they're gonna go out there gonna trade that is so dangerous $25,000 is a lot of money. Okay You need to think about what you're doing, but a lot of people lose a lot most of what they have at the beginning So if you're new and you've never traded before and you don't have a system or strategy or anyone to follow It's very important to get that right a ways at the beginning You can learn my system without ever knowing anything at all about gaps or ever trading the market before you take my class But it's very important to not be in this group. And again 90% of the people are in this group where they lose at the beginning So don't lose your hard-earned money in the market. However, you earned the money that you saved. Okay, whether it was Your regular job part-time job just savings you've had for a long long time Someone lent you money you borrowed it. You don't want to lose it. You want to be thoughtful and I use this word all the time It's called conviction. I say I have a hundred percent conviction This is gonna work or I say I don't have any conviction It's gonna work in which case we don't do it and I don't even call it in the room If I don't have a hundred percent conviction, I don't do it. I don't even say maybe Okay, you have to have that kind of attitude and confidence within yourself in the system You're trading or trade with someone that does so in my class you will learn the golden gap points. It's a 26 points It's the rating system. This is a meat and potatoes. This is the system It's really the checklist. Okay, and then you learn how to take the trades in the entries. I'm a teacher this is me and Sunday, I may do life classes in New York my schedule this year has been nuts But I will tell you that you get the benefit of doing the class with me if you want to do the two-day course It's a 16-hour class Usually do it in Saturdays and Sundays and learning from a teacher you can you can gain a lot You gain the perspective and being in the trading room really helps too So how much money do you need to trade the golden gap? You have to be able to open up a day trading active brokerage account And if you don't have an active account you could be in and out of trades every day Then you do it as many days as you can or you trade these system using options That's another thing you can do too. So my class is called the golden gap course the last class for 2018 is coming up December 15th and 16th from 9 to 5 Eastern time cost the class of 59 99 US dollars You can be anywhere in the world and take it Email me if you want to register to secure your spot Combo class tuition trends and golden gap is 64 99 classes online again You can be anywhere in the world and take it Email me if you'd like more information email me if you want to sign up think about the things I said today Very very very important. I really want to see people succeed It's one of the reasons I take so much time with my students and and if you want to come and be my student I will take the time with you. Okay, I Don't have time for people that aren't in Aren't invested and interested in their own personal success and trust me when I say I'm getting better and better at Feeling out those people as I email and discuss with them. You know, it's you can you can what's this saying? You can lead a horse to water, but you can't make a drink that kind of thing So, you know, think about what I said today Email me if you have any questions or call me at 9 to 9 30 200 gap. Have a great day