 Good afternoon. Good evening again, everyone. Thank you for joining today's webinar. Let's go ahead and begin Hello, my name is Van David from eSignal. I hope everyone is having a great day Before I go further, I need to perform a sound check. In the left hand margin You will see a chat window. Can if you feel please type yes or why if you can hear me? Okay, a few more logistics before we begin. If the audio is not clear If you hear an echo, try locking off a W connect then log back on Unfortunately, there is not much else we can do to troubleshoot any audio or video issues you may be experiencing Secondly, you can find the contact information for the stock squish as well as eSignal to the left bottom section of the notes section Please take some time during today's webinar to jot down the information as well as today's special webinar offer There is also a full-screen option of Adobe connect if the images you see are smaller than you prefer However, please keep in mind that this will disable the chat function for you as I thank you for turning this presentation has been recorded and everyone will receive a copy sometime afterwards At this time, I wanted to mention some of eSignal special offers E-Signal has a special offers page which you can find at www.esignal.com slash specials To the offers I want to highlight at this time include a 30-day risk free trial of eSignal 12, which is our latest platform for trading and technical analysis as Well as you can also refer a friend to the eSignal platform You can receive up to a hundred dollars in credit for referring a friend to the program Today I want to highlight today's special stocks bush offer If you sign up for the golden gap course by March 1st This is which is in the next couple days and receive this special below in the special You can receive the golden gap course the wealth manifestation course and three months in the stocks boys show live training room Total price for this package is 2999 US dollars. This is actually close to 1700 off the retail pricing that Melissa offers for this Package the deadline to sign up is this Sunday March 1st at roughly 5 p.m. Eastern Standard Time Melissa during a webinar will show a little bit more details about the special promo and how you can Partake upon the offer Also, I wanted to mention that eSignal continues to offer a constant and many training courses and the website to get to is learning.eSignal.com In there you can sign up for again free webinar courses on eSignal 12 whether you're Just learning the ropes and take advanced courses and there's also advanced training courses for eSignal 12 For those of you who are looking to trade forks and futures. We also offer courses on how to trade forks and futures Lastly, I want to mention that we have a cup upcoming webinars The first one is next week, which is Tori Anderson from the Zener group The following week we'll have Gary Wagner from the gold forecast and two weeks from now We're having black women from easy trade With those details aside, I wanted to formally introduce Marissa from the stocks wish Marissa Armo founded the stocks wish LLC in December of 2012 The stocks wish LLC is an educational she was employed for several banks and brokers in Pennsylvania Florida Arizona and New York as a mortgage broker for 17 years She changed careers from banking to pursue a security trading career in 2008 a Self-taught day trader with seven years of experience Melissa's specialty is a trading strategy that focuses on shorting stocks that gap In a free time Melissa likes to work out read write and dance. She also loves New York City and James Bond movies During today's presentation Melissa will share her strategies including how to learn to trade on the side of institutional money Learn how to read power money in a chart learn how to read the trend learn how to read price Learn a strategy that reads institutional positioning in stocks and the market and more In order to keep Melissa's presentation flow well, I ask you to please hold your questions till the end of the presentation However, please go ahead and send your questions through the chat box and Melissa or I will respond in due time With these final details aside, please welcome Melissa Armo. And again, thank you for attending this e-signal webinar. Melissa off to you Good afternoon everyone. Let me know if you can hear me. Just want to do a quick sound check Does everyone hear me and also can you see the slides? I have a big white and red slide up Wonderful, I can see everyone's chats here And I think we have time today if you have questions as we go along I can answer them if you want to wait till the end. That's fine too However, if you have a specific question about a trade that I talk about or any charts up here Feel free to ask me as we go along. Thank you so much for that introduction Ben, I appreciate that and thank you e-signal for having me here today So welcome. My name is Melissa Armo. I own a company called the stocks wish LLC And today's lecture is going to be on trading on the side of institutional money in gaps And we're going to talk more specifically what I mean by institutional money in today's lecture Again, this lecture is sponsored by e-signal and this is a chart of the spy spy has been continuing higher and made a nice rally Even today we'll talk about the market a little bit in this lecture And one of the things that I liked about e-signal and one of the reasons I partnered up with them is because I am purely a technical analysis trader. I don't look at fundamentals at all Okay, so it is very important for me to have accurate charts and correct price readings And that's one of the things that e-signal offers. So if you've never used e-signal before if this is something you're interested in You can email me or ben if you're interested more in signing up for e-signal charts So if you'd also like to contact me if you have any questions after the webinar today, you can You can email me at melissa at the stockswush.com or feel free to go to my website at www.thes stockswush.com and follow me on twitter facebook youtube linkedin pen interest or skype And you can even feel free to call me if you have any questions about the lecture as well today So let's get started. I what I want you to do right now Set the tone just relax. It's 4 30 eastern time You might be at your job or home for the day or it might be nighttime depending on where you are on the planet Just relax and open up your mind right now today To learn something new Because you are going to learn something new today here with me. This is not going to be A waste of an hour of your time. You're actually going to learn some good information today in the lecture One of the cornerstones to everlasting trading success is consistency This is like everyone talks about the golden nugget like the golden bullet like the golden thing like what is that one thing It's consistency That is the cornerstone of success in the market that many traders or investors lack in other words A lot of people will do something in the market take a trade And make money, but they have trouble duplicating it And then they take a series of trades after that and give the money they made from the market back and then lose So it is really the golden nugget is how to be consistent how to consistently make money in the market and consistently have success So without this it's hard to stay in the market for any length of time So in order to be consistent a person needs proper focus on what counts What ultimately counts and what can bring everlasting and consistent success Uh david's saying he cannot hear anything. I don't know if he can help david Can everyone else hear me? Just let me know here Okay, good. This requires a deeper understanding better comprehension and an overall wider perspective of what makes individual success possible For a trader or investor in the stock market Which is understanding and i'm really breaking this down here. Why do stocks move? Why do stocks move? What makes them move? What makes anything move in the market or the market itself and by the market I'm talking about the spy and the qqqs. I'm talking about the market ETFs when I'm talking about the market That's what I'm referring to money That's what makes stocks move And not only just money power money What does that mean? It means a ridiculous amount of money A monstrous amount of money more money than you can even conceive of in your mind More money than you've ever seen in one place in your life Even if you went to the bank you said let me look in the vault. I just want to look at the vault today I just want to peek in and you looked through the gate you it what every Dime that you see in the vault of any local bank or what they keep on cash on hand Even that wouldn't be enough of what you could conceive of is in the market of what I mean by power of money because it is billions of dollars and that Is what moves stocks in the market And what do I mean by power of money? What do I call it? It's really institutional money Becoming a successful trader an investor requires becoming a specialist in defining Where the institutions are buying or selling a stock Learning advanced technical analysis is an important part of this. What does this mean? It means reading price action and charts which we're going to talk about today Now what what do I mean by institutions? I mean hedge funds banks Those types of uh companies that are so big that have so much money that are in the market taking positions in the market Comprehending how to redefine and trade with this power of money will have a huge positive impact on your profitability as a trader So elevate yourself your trading and your profits to a higher level of consistency and success By learning how to read the footprints of institutions trading in the market So you've got to read them like when they step in to a stock or they pull out of a stock And there's a way to see that to define it in the moment It's happening to be able to take the trade to be able to profit on the move of the institution Because if you can get in a stock before the institution buys it And you can buy it before it really makes the big move buying it that you'll make money If you can get in a stock before an institution sells it and short it Then you can make money to the downside shorting Before the big momentum comes in because if it's after then it's too late All right Now we have some questions here. What are hedge funds? We have a question about that. Let's talk about I will remind my remind me to talk about that at the end That's more than a two-second question, but I will write that down right here. I can't answer that at the end For now Indra jit who's asking what is a hedge fund? I just want you to just picture banks just to get my point across here Just picture a big big big bank when I say institution Okay, now what does institutional money look like? Here's the spy The market is getting bought to make a long story short My analysis here of the spy has been long the market's been bullish and the market's getting bought So here's a great example of institutional money that is lifting the overall market Because institutions are buying the market or it wouldn't look like this now back here This is the end of two. Well, this is a fall fall of 2014 The market had it cut a rally market rally all of 2014 and it actually started to sell off in september here And here's some of the sell-off here that happened into the beginning of october And a lot of people were saying the market's going to crash the market's going to turn it's falling off the planet But the fact is that this really was not institutional selling So therefore the market had not broken the current trend Which was bullish and continued higher and the market made a new high And it is continuing with higher and if you have followed the market and since the month of february the since february 2nd The market has traded up green almost every single solitary day almost up straight vertical with the exception of two days in here You have two one tiny little doji And then you have the red bar day here one intraday selling day Otherwise, this is february 2nd the first day of the month and we only have two more days left of this month And look at what the market has done this month. Here's a good example of institutional money. What is it doing? It's buying the market Market would not be able to do this If it wasn't getting bought So this is money that is buying the market and lifting it higher and if you're a day trader and you don't have the specific strategy To read what's going on here You might be trying to short the market to get some kind of a mention Which you think is going to come in because you think you can't buy it because you think it's up too far But actually I have called the market intraday long a few days in here, which sounds crazy But it actually has worked And I specifically trade stocks not the market ETFs although every once in a while I do But you could have gone on the market in here and most traders are looking to short this and yet I've been calling the market long in my day trading room Now how Am I reading this like this at these levels at these price analysis levels again? I'm using technical analysis This is advanced technical analysis because I know how to read institutional money Now, let me just see a couple questions in here very quickly You heard institutional market exiting with weak fundamentals retail buyers getting in late Michael's saying Michael's saying I guess this is Michael's opinion. Okay, Michael is saying he Doesn't think that that institutions are buying the market. He thinks this is retail people buying the market Let's get back to that a little bit later. I disagree But that's fine You do occasionally have that in some things not this market Now why might Michael say that because Michael probably thinks the market's extended because it's been rallying up all of 2013 14 15 And so what people tend to think as extended then they think they're the people get in late that are their regular peoples But I will tell you that my read on this market is not that is extended And actually my target for this five this year in the spy the etf is 300 300 You can You can call me in january 2016 or in december the end of the year and see if i'm right or follow my videos on youtube But you could go back and look at the 770 videos I have on my youtube site and watch every call i've made for the market for the last two and a half years And you can see how I have been calling the market And I even called the spy to hit these numbers that weren't even on the chart The spy made new highs in 2014 and technical analysis is you look at past price patterns or deterrent current price patterns I called numbers that weren't even there these numbers weren't here the spy made new highs and I had these numbers here at these targets So to make a long story short the market's not extended, but that's where michael's getting his philosophy from We'll talk about that more at the end here The key to profits though is power and money because that is really what moves Stacks in the market and again getting back to what do I mean by power of money? I mean that it's committed There's a level of commitment that comes in when an institution Decides to buy something or even sell it because once they sell it they sold it okay So there's a level of commitment It's not like a trader person That is day trading is taking a train that they're in for a day or even a swing trade person That is in they're going to get out in a couple of days When you are an institution you are committed to that position. There's a level of commitment It's not to the end of time But you are not going to take the train and be out of five minutes You are not going to take the train on monday and kill it on friday You're not going to take the trade on february 1st and kill it on february 10th There is a level of commitment. There are commitments that are made. There are promises Okay, there are uh goals Commitment has a plan of action Aka research reports. I'm really going to briefly talk about this Many of you know and some of you do not that actually these Investment banks these institutions these hedge funds They buy and share and sell each other research reports or actually companies that do research reports And then they do their own and they sell them to each other And they cost several hundred thousand dollars by the way You as an individual person do not have access to that Unless you want to spend three hundred fifty thousand dollars to maybe buy goldman's report But they probably wouldn't even sell it to you and you wouldn't even know the person to even contact to even buy it From them and they would never even sell it to you even if you had the money So how do you as one person if you don't have access to the research reports How do you make money? How can you see what an institution is doing without having this access to this information? You got a look at the price and you have to have a way to read it accurately And you can do this how? If you learn how to read the footprints of big position players before the momentum occurs You can take the position in the right direction and get out after the move happens for profit But you have to understand how to trade with the side of power and not only that you need to know how to find it And this is the key again because you don't have access to the research reports It is very important to find it because this power has the ability to pay you And really that is where you're going to get the level of consistency Knowing how to read what institutional money looks like is essential to becoming a successful trader If this is really something you want to do for your whole life And I don't know I have no idea why you're here Why you even want to trade while you're trading right now if you even are I decided I wanted to do this because I wanted to change careers because I was doing a career doing mortgages That was changing and changing very rapidly and I said you know what I have to do something else with my life And I was young enough that I could do it And make a change you need to know why you are doing this and how serious you're going to be about it But the fact is that you can win big trading on the side of power if you really really want to do it Okay Institutional money is in charge of the market and stocks at all times So let's just say you think you see a certain thing and again Michael was talking about this earlier and we might even see a sell-off Although I don't think it's going to be tomorrow where you see something and then Michael might have conviction That the this is the end. This is the end of the rally or whatever But the fact is that even if you think it is something Like the end of the move of the police bullish market It's it's not I'm telling you it's not but it's not because They're still there who's they the institutions the power and money. They're still there and that's I saw them still here here That's how I was able to call the market would still make a new high after this But the fact is the market did pull in now I'm getting getting back here to september and october of 2014 But the market did have a pull in ran up here to new highs at 200 something and did come in here to 180 something Should you have shorted this market? No, could you have shorted this market made money? Yes, what I've done this know why market was still bullish But how did I know even with the drop-off in here that the institutions were still in here? Because I have a specific method that I use to read what really is happening in a chart and its gaps And that's what we're going to talk about today. We're going to talk about what a gap is now This was a gap. I know this is very small But I just made this e-signal chart very very small because I wanted you to see the whole year This is the beginning of 2014 The market gapped up here And I and I really could have even predicted this stat This was a gap up in the market that happened late 2014 that you could have bought And you could have bought this gap up in the market And if you did you're still in it now. This is a long-term swing trade call. I did make And it's holding So what I'm trying to say is even though you think that they're not there anymore The only way to know is to read the gaps now. There were gaps in this chart in here There were bearish gaps in here How do you know which ones are good or which ones are not good or which ones are going to have follow through What I mean follow through follow through the downside because if you down gap you're looking through for follow the downside Or if you're in up gap you're looking follow through the upside if you're trying to determine if it's higher or lower But the fact is that there was no follow through in this move in the market And then it immediately boom gapped up and ran and this is what we're doing right now So it's really about making sure That you are aware of the fact that it's there Unless you see something that is directing you to show that it's exiting or entering This is depending if you're looking at a longer short I'm just happy to talk right now about the market because it's such a hot topic But what I want to point out is that institutional money is in charge of the market and stocks at all times And you have to know how to pinpoint that and how do I do that gap Okay, a big flow of money going in a certain direction is what moves the market and sets the trend in charts When you are looking for institutional money, you are really reading the side of power In a stop you want to be on the side of power in order for you to make money trading It's all about perception Okay It's all about perception so You really really have to look and see What Do you think is happening? Do you think the stock is getting bought or do you think the stock is getting sold? All right So one method spots institutional money in the market. This is getting back to what I was saying It's gaps. It's called golden gaps golden gaps are a specific method and strategy the correctly pinpoint institutional direction This strategy sets up daily in the market. What is the strategy and how does it work? My strategy looks at 26 points on the daily chart of a stock To determine what the directional bias is of that stock on the day Whether it's a long or it's a short you can do it with etf. So you can do it with stock symbols It doesn't matter the most valuable information for people to trade can be found in reading price action and gaps understanding chart reading of gaps and how important the patterns of price are in the market Is what's going to assist you in being profitable? And this is where you get the conviction Because if you can see the institutions in it or exiting it that gives you conviction to be able to take the risk And I I described my strategy I called it golden gaps because it is like finding a gold mine in the market Because it pinpoints the direction that an institution is going to take in the stock before it actually happens And when does it do it in the gap? So golden gaps have huge opportunity because they spot power money Now let's look at this trade front today. This is chk. This is actually today. I'm going to talk about live charts in here that happened today chk closed the night before today's wednesday, but tuesday night the stock closed the night before up here around 20 something Okay, and you have down here the stock actually gapped down You see this in here it gapped down this morning to like 18 something See that So this is a gap you get up in the morning You look at the gap and you rate the gap and then you determine if the stock is a short or a long Okay If it is a short based on the 26 point rating system that I use you will look to short it It has to rate 20 points or more if it rates under 20 points And it's not going to be a short and might even rally on the day Okay So in this case you were looking to rate the gap here of chk to see if you're going to short it And I did rate it and it did work as a short Here's a one minute chart. You would look to take the enter in the one minute chart So here again, you see where the stock closed the night before up here And we're a gap down here. Here's the open. This is a 9 30 Stock open rallied slightly and you could have shorted the stock in here and here's the move So this is institutions Selling this stock right here into the open So the price of the trade entry is 1840 And the target Which have dropped this is a word dropped right into here is 1760 see this So the risk is 20 cents 20 cents is the risk in here. This is an advanced risk if you risk 700 dollars You're Sizing of how much money you risk depends on where you short the stock and put the stock If you took this trade you made 2800 dollars in less than 30 minutes. It's four times your words made in profit Let's go back and look at that So you could have shorted this here you put the stop here And here's where it just dropped it just fell out of the sky Just fell off here in your shorting it and you get out and there you have it So this is a nice Move in to the downside in chk that happened today How can you get a trade like this that you're taking in the first five minutes of the day so quickly? Because you would look at chk in the morning before 9 30 Okay, this isn't in the open to determine that you want to short it and how am I determining that from the daily chart Because i'm seeing in the morning that chk gap down And i'm rating the gap and i'm determining it's a gap down and i'm determining that it's a good short And then I see the setup and I take the trade Okay And there you have it Now let's look at another one here that happened This was not today. This was another example though of institutional selling that happened. This is was a well Okay, this was back earlier in february This is another gap again the strategy is always the gap You're looking for the gap to tell you what the stock is doing So this is a one minute chart the stock closed the night before up here around 40 for something and gap down Open and here's the trade. Look at this fell off the planet again And all of this is something that you have to be able to see to take early Otherwise you miss all this money in here Do you see if you didn't know to watch the stock right in here in the first few minutes of the day? You didn't get the short You didn't get the short you didn't make the money if you're wanting your scanner to laugh to 10 o'clock to look at it The move is done This is how you were able to be consistently profitable because you know AOL is your top pick chk is your top pick you have your exact top pick and you're ready to pounce On the trade when it sets up Price of this trade risk entry was 40 90 risk is 20 cents again Your risk should be the same on almost every trade you take So if you normally were 700 dollars, this is 700 dollars again 3,500 shares exit again. This is into the drop 39 40 Very fast way to make money consistently Total profits 5,250 dollars in this trade. This is a great risk to reward trade here It's 7.5 times the amount risk made in profit So here you turn 700 dollars into 50 to 50. This is another great risk to reward trade What do I mean by risk to reward? I mean for every dollar that you risk You would make 7.5 in this trade and actually this wasn't even the low of the day in this But this is the morning move in here into the drop Okay, and there you have it So beautiful move again in AOL So how do you find golden gaps? How do you find these ones like this like AOL chk again? I use a checklist the checklist tells you what to look for in the price of the stock It is telling you that the stock is either a long or a short It all comes down to the strategy the strategy is gaps. That's what's in the chart that I'm seeing I'm seeing the stock gap and the market as well. It's how I'm able to call the market so well That's how I know the market's going to continue higher and in fact is not done As somebody else said earlier in the webinar gaps are a secret ingredient in charts that many many people overlook And yet they hold a lot of significance Gaps are a definitive and demonstrative change and show of price in what is called an event It's an event. It's a price event. It's a price event that happens in a chart Gaps are a real show of power of money gaps either continue the trend or in fact change the trend If you follow the gap, you'll be following the power of money and I'll let me say one thing There is nothing else that changes the trend in a chart but a gap So a lot of people that saw the series of higher highs and higher lows or lower highs and lower lows And the lower lows and the lower highs and people were telling saying the market was coming in And people said that in december and january and I kept calling the market to make new highs which it is Those those series of pivot lows did not change the trend of the market It was still in the uptrend it is still bullish and that's not how something changes trend The only way that the market or stock or anything can ever change trend is in a gap Does it change trend and every time a gaps know How will you know that that event in the chart in a gap is something that is significant You would have to know my system to rate it And that is how i'll know when the market does something significant Whether higher or lower because i'm seeing the gaps and i'm rating the gaps Now there are a lot of gaps that happen in charts not all are significant some are what i call nothing gaps Meaning you would rate the gap and you wouldn't do anything on the day you wouldn't buy it or short it But on when you get a gap whether bullish or bearish if it rates 20 points or more per my 26 point rating system Then you know that you could actually trade it or look for a trade in it like aol or chk So there's only one thing that can move stocks or the market and again, it's power of money and what makes that institutions Power of money is in charge It's in charge all the time and the amazing thing is that as negative as traders and analysts talk about the power of money People are the reason that one individual can be successful in the market So getting back to what i was saying earlier about Consistency, how are you able to be consistently successful as one individual if you have your own account and you do not have millions of dollars How are you going to make money in the market? You're going to have to ride the coattails of the people that do have millions of billions of dollars in the market That's how you're going to get the move you're going to ride the coattails of the trade in aol to get the Short to drop on down you're going to ride the coattails of the trade and chk to get pay to get the drop on down That's how you're going to make money. That's how you're going to be consistent And actually if you can do that and take a risk of five six seven hundred dollars or a thousand dollars even more That's how you're really really going at it where you can actually trade the market for a living And you're at to the point where you can make twenty twenty five thousand thirty five thousand dollars a month And that isn't even that much money if you look at how much traders are making in the market And you look at the market and how much money is in the market That's like a small small small small piece and yet many many traders are losing Why because they lack focus and they lack focus on what what they're supposed to be looking at to determine What's going to happen for the momentum move because the only way you're going to make money is playing a momentum I would never trade the market for a living if I was only actually Making five cents and something or two cents and something or three cents and something Now somebody's asking about gaps Gap fills I will get to that when we get to the end. I will I won't forget that question too So gaps happen in the market on a regular basis However, some gaps are better than others some gaps are like I said nothing gaps and some gaps are very powerful displays of institutional money But the most important gaps in the market are gaps to signify a change in direction or a bigger move in the same direction And you're just going to understand which gaps are meaningful and which ones are not And to know what to do and when a change is occurring And then you just play it you play it with the power And that's how it pays you so how do you know which gaps are meaningful? Which are not and how do you know which gaps are made with power money? Which are not the checklist This is what I do every morning I get up and I rate a stock I rate as many stocks as I want to as many stocks as are gapping you can rate longs or shorts I prefer the downside because short moves come in very quick and fast into the market So I go through my checklist every morning and I rate the gap and if it gets 20 points or more for my 26 point checklist then I Look to short it or buy And that's what I do So again, let's go back to what I was saying earlier. You have to think intellectually about this Common sense if common sense is that for you to make a lot of money as one person Sitting at your computer from home. How are you going to do that? Is some tip from some money or something you see on tv or on internet really going to realistically make it for you No, okay, you really have to think intellectually in common sense. How does the market move? What makes the market move and how can you take advantage of that? For play as many days as you possibly can to be consistently making money in the market Because on any given day on most days of the week From january to december with the exception of holidays when the market's open There is play in something almost every day in the market But if you don't know how to read the actual overall market direction Which many people many traders actually stink at in other words I've really read this market extremely accurately and I just am very good at reading charts But many traders are getting hurt now Again, somebody in here said the market's going to crash or it's lower and it's not And people said that back in march and people said people said that for every webinar I did for the last like year people said it. It's just not true. But if you really really uh Are trying to get the market with every A position that you take Then you're going to struggle to make money Like this rally that the market has had all this month If you didn't know what to do on any given day and had something specific to get the move of the momentum Then you might have gotten hurt Okay And or you didn't get any moves in other words the market some of the days traded in a very tight range So if you needed the market to get your stock to move whether up or down you didn't have any play Okay, so i'm looking for Moves and stocks to get play to make the money Does that make sense and how how am I going to find them? In the strategy, which is gaps. How do I know which ones to play or rate the gap? And then I watch it in the morning into the open and get the trade in the morning I'm always looking to take the trade into the open between 9 30 and 10 between 9 30 and 10 of men If I don't get in the trade before 10 o'clock. I'm not taking it So i'm getting the play into that opening period Okay I'm seeing all your questions. I'm going to go back. I'm not going to forget them I have a few more slides here. I just want to get through and then I will go back to your questions So the golden gap 26 point rating system pin points the direction of power money by reading price Now let's go over another one here today. This is hpq and actually I taped the room today If you want to go to my youtube site I did tape the live trading room today where I saw these and I called these you can you can go watch it Where I called chk and hpq into the into the open here But let's look here at the hpq beautiful beautiful beautiful moving this today. What was it? It was a short So the stock closed up here the night before and gapped down And I was looking to short this today and I did And it moved What is this it's a gap. How do I know that I was supposed to short it versus buy it Because I rated the gap for my 26 point rating system And it told me that the institutions were going to sell hpq today How did I know the gap rated more than 20 points in the morning? So I knew that if I shorted hpq on selling action from institutions, I'd make money and that's exactly what I did Now here's the play Open rally boom shorted it drop And this had a nice movement in here. It was very controlled This is different from chk chk opened and fell off a planet This you had to wait a little bit longer But again the straights will set up first and you're still up very very quickly But it was a more controlled sell-off in here As you see this going down here The price of the entry is 35 43 risk is 30 cents again I'm sizing myself based on the entry of the price entry versus the stop because I use hard stops when I train therefore the amount that I Want to risk is what I risk and I'm not going to lose any more than that That's what a hard stop is I put a hard stop and I put a hard stop into no matter what size I take So if you risk a thousand fifty dollars or 3,500 shares of hpq There were two exits I did in this into the first drop and the second one These are the two numbers I have seen it out total profit 25 90. This is an excellent trade So I got out of half didn't hold the other half all the way down here And actually the low in the day in this I think ended up being 30 for 40 ish Uh, and it could have gotten to 34, but it did drop even lower than 61 And it was a two and a half hour trade nice trade Not quite as fast as the chk, but still a beautiful move and and the great thing about also What I teach on how to do these entries here is that many many times when I take a trade as soon as I take it I'm up so you could you know, you could piece Miller out of yourself in here and lower the stop I don't trade like that. I take the trade. I get the move I get out half usually I keep the stop and then write it down to the rest Is what I do So you've got to learn what selling looks like, but how do you learn that from the gap? To see because you only make money doing this If you take this trade here, this is what the stock did the rest of the day at rally So here is what you're playing on with the institution And it happens very quick And again learn what buying looks like. This is another one from the other day. This is tsm. This was a long Okay, so this is not a short. It's a long ticker symbol was tsm You would have bought this and this actually went to the dream target on the day Now you could have taken this here and got all out in the first quick rally Or you could have played it out to the dream target But either way, this is what institutional buying looks like So the stock opened here. You see it gapped up closed the night before here around 13 something gapped up To 14 something rallied on the day all the way up to 1650 something or beyond So it got bought a beautiful two dollar move here in the stock. Do you see here? This is institutional buying See that So it's easy to press the button to make money once you know what to look for it. It really really really is Am I saying that training is easy? Yes, if you know what to do and if you don't it's hard for you So it's all about your mentality I've been trading now for seven years. I have conviction in the trades that I take Once you learn how to do it you will have conviction too If you think trading is hard, you probably should stop because that will be reflective in your results If you're struggling struggling struggling struggling, you're not going to make it if your mentality is very negative And actually i'm reading just on the side here some of the commentaries in the room today You know some of the commentaries in the room today I can tell by reading the energy and some of the commentaries in the room. So people are very negative This is one of the reasons why trading is one of those things that there will always be a very few amount of people that ever make a lot of money in the market I happen to be one of those people I'm very successful. I continue to become more successful every year And it's because I have a good strategy, but I also have the right mentality to do it And if you believe the trading and making money as hard that is exactly what you will create If you believe that it's something that you can do and believe in yourself and come into contact with someone like me That is successful and you learn from me Something that makes sense and works and also learn the mentality the correct mentality to be able to make money Then you have a great chance of being successful Because this isn't impossible. Not only am I doing it. I'm actually taught people to do it that are making money with me So Again, it has to do with learning something that makes sense and also having the right mentality You've got to have conviction to make real money. Again. I don't know why you're doing this part-time income full-time income Whatever it is for you But if you want to trade effectively you cannot go with the crowd and guess what? Most of the crowd is negative. Most of the crowd is losing So you have to be different and quite frankly I am very unique and I am very different and I don't really go with the crowd I do my own thing and I make money and it works and again I'm going to reinforce here the stocks which market call for the market this year is that the spy is at new highs And will continue to make new highs and the target for the spy this year is 300 so If you want to learn my method if you want to learn if you're interested If you think that what I said today struck something in you or made sense You can reach out to me I believe that you absolutely must have an edge in the market in order to make it if you're doing what everyone else does You will not see the level of success that you want to obtain You've got to focus on what works. It's not about what You have right now the second in the trade you're doing today on wednesday It's about what you know because it's about the consistency Which you only get with the information Like if you have a great trade and you one of you say you were in the trading room today I say you were the trading room in the trial and you did chk and hbq and you did them and you did my calls You would never be able to see the consistency unless you take my class because you never be able to replicate what I did You have to be able to replicate it. How are you able to do that to get the consistency? It's from the knowing it's from the knowledge Knowledge is power And earning power is really where the power is and I'm at the point now in my training where I have the power because They have the information and therefore I have earning power and that earning power is something that I can replicate over and over and over and over And over and over again as the days and weeks and months and years go on And there's many people that have things out there that that are fly-by-nighters But what I do looks at institutional positioning in the market and stocks And as long as the market exists as long as the u.s. Stock market exists That will always be what moves the market And there will always be gaps because a gap happens when the closing price of a stock Closes at one price and opens at another price the day before because there is a close time to the u.s. Market And there always will be whereas the forex market is a 24-hour market So the u.s. Stock market closes at four and opens at 9 30 and in that time stocks in the market has the capability of gapping not everything gaps every day But you will look for the things that are gapping and then you know what to pick and what to watch before the market opens the next morning But the level of consistency is how you know what to do it to get it And it comes from seeing what's happening with these institutions So I teach a class it's called the golden gap course the golden gap course teaches a 26 point rating system to find the Best stock to trade each day the course also teaches you how to enter and exit the stock on the day Like the entries I talked about today. I teach in the class and I also teach something called the stocks whoosh Which is what I name my company. It's actually a play to do in the market The course teaches price analysis and technical analysis on an advanced level It teaches one solid strategy to trade gaps effectively by reading the side of power and charts It teaches entries and targets and it teaches how to pick which stock to trade each day and what direction to take it It teaches how to read support and resistance to take positions of the right direction Which is extremely important because a lot of people A lot of people don't know how to read support resistance actually And I never realized that because I taught myself how to do this But then when I had people take the class they are Their eyes are open because they realize they didn't read support and resistance, right? That's one of the problems that's happening right now in the market why people are are Calling the markets so poorly because they don't know how to read support resistance correctly So that's a very important piece of the class Teaches a more proficient and advanced way to reach charts focusing on technical analysis and gaps All right, let me just see some questions here right now. I will not be attending the New York City Traders Expo I think it was already it was in February. Wasn't it? It was in February already. I thought it's usually in February. I did not go Clark asked me The profits come fast and gaps in the morning again I'm looking to get in between 9 30 and 10 and also you can trade gaps from home And work for yourself. I work for myself forever. I work for myself through mortgages now. I work for myself trading You know working for yourself is just the way to go as far as I'm concerned in this day and age And remember training is about chunking it out. It's about income generation. You're not looking for the home run You're looking for that move that money move that move that happens in the morning quickly and you're out I do not like to trade in the afternoon. I do not like to trade past 11 o'clock I run a trading room that's every day for me 30 11 and i'm done I don't like to trade all day. It's exhausting and you give money back in the afternoon So chunk it out. Whatever move you get a dollar a dollar and a half two dollars 50 cents 30 cents Whatever it is you get the trade to the target or as close as you can and you chunk it out And remember this 100 conviction thing i'm talking about is very important because don't trade if you don't believe something's going to work Don't do 50 50. You don't have high odds of success You have to learn something as a high percentage odds of success My golden gap rating system is a high percentage of odds of success of working and sort of the setups that I take So empower yourself to trade the market the class I teach again is called the golden gap course It is a full tunic course and have to strategically find pick-and-play stocks that are professional bearish gaps Retakes are free online. The class is online. You can be anywhere in the world and take it The class is march 7th and 8th from 9 a.m to 5 p.m eastern time. The cost of the class is $3,499 It is a professional bearish gap system If you're interested email me at melissa at the stockswush.com Now I am doing a special for e-signal for the people that are at the webinar that are here today And they're serious and then actually want to learn from me And want me to mentor them and want to learn how to trade gaps, right? You can sign up for the golden gap course by march 1st And you can do it for $29.99 You will receive the wealth manifestation class free, which has nothing to do with charts But it is a great class which talks about the brain and your mind And about money that is on monday march 2nd from 12 to 3 you get that class free You get three months in the stockswush live trading room free, which would be march april And may that that's a long time to be in the live trading room and to get my calls And then you would get the golden gap class, which is march 7th and 8th from 9 to 5 The total price is 29.99 So this means you would save $1,649 This is a great deal And this gives you so much information to get going in the right way mentally And also with learning the golden gap system strategically for the rating system And the entries and the targets deadline for this class is sunday march 1st And then you get my calls in the room just like the calls I made today So you learn the information of the class you'd be in the room for three months So you can get up and going to take the trades with me to make money And then you have the wealth class, which is on monday march 2nd And that's just a great class for anyone that is really anyone that is struggling If you have been mentally struggling with your trading that cost that class alone is 399 So if you want to do that you can even just do that class alone And and you know I've had so many compliments about this class Everything that I do tries to teach people to empower them to be successful financially And part of that is your mindset and I kind of touched on that a little bit earlier Again, it's about perception if you believe that your life is a struggle and trading is a struggle And you believe that you're going to lose then you will manifest that in your life If you believe that you're successful and you will make it at the time that I was transitioning from my mortgage job to my To to doing trading I was losing at the beginning, but I knew that I was a successful person I knew I was very bright and when I started out doing the training I I thought that I was you know Going to figure it out like very very quickly like in a month and I realized that it was challenging And it was going to take me longer than I thought but I still figured it out Why because I believed in myself and I knew That I am a successful person and I've always been successful And I've always made a lot of money and anything that I've done career-wise But the market is one of these things that it will really bite you in the butt If it gets under your skin mentally and you start down the road and you start to lose because everyone that starts trading loses At the beginning because nobody is born as a good trader And if you let that mentality affect you you will go down a black hole that you may never get out of with the market So I give people everything they need I give them the foundation, which is the knowledge Which is in the strategy the mental Foundation that they need to be successful To reset their brain so that they can move forward to be successful Exactly the way that they want to financially and make the money that they want in the market And then the room is the support system for be able to just take my calls and live time to be able to make the money Very quickly after the class So the fact is that success is within your grasp you can do it And I give people all the tools to do that. So thank you very much Let's go back here and let me just see because there's lots and lots and lots of questions Uh, let me just see here See if I can scroll up You can use whatever platform you want whether it's ninja trader a thinker swim Or any platform and you can use these other platforms with these signal charts You need a charting system You know like the e-signal charts So you can see the charts the candle sticks the moving price And you need a platform that you can take a position in a day trading an equity and a stop And I prefer to use hotkeys. So You know I You have to have a setup that you can take an equity train A setup at a place where you can take the trade on the platform put in a hard stop And I prefer hotkeys and you have to have the chart access All right. There's just so so so many people here that i'm looking at Uh Yes, your your level two data will come with your broker platform That is how you're going to be able to take the position in the stock pressing the button So you will look at your level two And see the price and you will also look at the chart and see the price at the same time Consecutively when you're pressing the button to take the trade You'll if you don't know how to use a trading platform You're going to have to go and test that out with a broker or the customer service of the platforms I I did not teach you actually have to use the platform in the class I need to be clear on that you will have to learn how to use the platform yourself with the broker or customer service Which they allow you free any of these signal has their own customer services They will help people set up their charts and figure out how to do different things on the charts I don't teach you how to use charting packages or platforms. I teach you the strategy Okay And how to take the entries as far as where and the timing and the price entries and the targets and it's for the Resistance the actual software You can use whatever place you want and you will have to you learn that information from them Nick asks is asking me a silly silly question and actually somebody emailed me this earlier today Is it do I really? I mean are we really going to ask silly questions here? Nick's just asking if I've ever had a losing day this year now. Let let's what do you think? I mean, what do you think? Do you think I've never had a losing day? I mean really And what is the mentality of the people that listen to me talk that come to these webinars? I mean sometimes I just Look at and I say what I mean really is that a legitimate question? Or are you being facetious because I think I'm going to give you the benefit of the doubt that you're actually being facetious Not serious. So let me look and see if there's any serious questions here Uh, what is the percentage of success or profitable trade year of the gap system strategy and do you post trade confirmations online? I do not post trade confirmations online rick, but I do give people Access to the live training room in a trial. So if you would like the trial to the live training room for a week Today is wednesday The class is march 7th and 8th. You've missed the special But you could access for a week all of next week You could be in the live training room if you want to email me tonight and get a free trial to the room You could track all the trains then that I do for that week I also have on youtube again 770 videos And I have many videos of the live training room that I taped today as one of them In fact in the last two weeks. I've actually taped a lot of days in the room You could go back and now look at every live training room I've taped for the last two weeks and you could figure out what I've done from that scene at live Where I call the exact entries and got out. It's very clear I don't I don't train more than one or two things a day. In fact, I usually train one thing a day and maybe two It's very easy to follow me in the room. It's very easy to follow me in the videos I'm very easy to follow if you can't follow me. You can't follow anyone in the room And I'm very exact with what I do I also could give you referrals. You can talk to actual students Uh, let me get back. Uh, terry wrote something very nice Thank you terry's terry. Thank you for your time. Thank you terry Navvez, I hope I pronounced that right wrote something nice. I've been a professional trader for 10 years And you're always learning improving Please don't take notice of the newbies Thank you. Navvez. Yeah Actually, you know what the funny thing is Navvez? I found that That people that are doing this for a long time tend to have a negative attitude Call it baggage. Call it whatever you want to call it Does that mean if you have a negative attitude, you're never going to get over it? No, you can but you're gonna have to change and you're gonna have to do what I call a reset People that are brand brand new that never traded before in their life actually do Really well because they come to me and they have never done anything. They've never even pressed the button before And then also I'm teaching them all this positive thinking so they start out very fresh I just had a gentleman that did the class last month He never took a training class in his life before He found me on the internet just some wild thing on the internet He actually lives in new york and we actually met face to face and then he signed it for the class And he nearly signed it for the room for the year. He had read like a hundred books He actually has been on and off training for years But he never did a class and and he just saw my videos or whatever And then he asked me to meet and we met and then and then he just signed up for the class And then he did it and now he's training actively But he read a million books never did a class But he couldn't teach himself how to trade with the books and so then he then he did the class Uh, let me just go back here the live training room is 250 dollars a month You do have to sign up and take and be a student of the golden god class to sign up for the room So after you sign up for the class and take the class then you can join the room You're eligible to join the room although i'm giving three months for the room for free in this class I had one gentleman last month that was in the room of the trial and made the money in one trade for the For the class he signed up immediately. He's gonna do a testimonial. I said you this is you know I've I've heard of people actually being in the room of the trial and making the money for the class But that was the first time that anybody said they did it in one trade and he was like ecstatic and he emailed me Like right a ways and went to sign up immediately He is gonna write a testimonial for the website and he he's in the room He's in the room. He signed up for everything and he's he made money for the class before he even did the class And it was in a trade I called in fossil And I think I have the room online for that day fosl was the trade. He did it and he made over $3,000 But i'm not saying that everyone You know should be taking the trial to do that Okay, because you really need to take the class to learn how to do this because these trades set up on the one minute Chart and if you don't know how to press the button You know, how are you going to do it? But some people already are trading and they do know how to press the buttons and they are actively trading But they don't know gaps. So then they come to me. They do take my calls and then they learn specifically the gaps So I have a mix of people some are new some are old Uh, let me go down here and say Uh, somebody is asking about binary options I have people that take my class and use my system for all kinds of different things You can do it for options again It's it can be more cost effective sometimes than taking the equity trade I personally just have always done, you know equity trading But if you feel like you really really want to do an option You would rate the gap You would take the option in the trade based on the directional bias of the gap for the 26 point rating system And then you would have to know how to do the option yourself John because i'm not going to teach you how to do an option tree So you would have to know how to do the option yourself And Wayne asked about the options too Mac asked how much money you need to trade your system? Well Again, it's based on the amount of your risk meaning do you need a million dollars to do this? No, do you have to be risking seven hundred dollars every trade to make money? No Could you take a trade and risk fifty dollars and make money doing this? Yes I'm not going to tell you if you should risk fifty dollars a hundred dollars or seven hundred dollars That's up to you. You make what you can afford to risk Do you understand what i'm saying and that's the right thing to do The right thing to do is not to go hog wild Right away is after the clash you proved yourself starting small risk fifty dollars then risk a hundred dollars then risk 150 200 250 proved yourself that you can be consistently profitable in the room with me You know week after day after week and then you can step up the risk There is no set amount that you need though to be risking or to have Hey money any money is any money Do you know what i'm saying if you are not making money trading and you take my class and you're in the room And you can make money trading then do it whether it's whether it's you know 500 dollars a day or a thousand dollars a day or 200 dollars a day I mean 200 dollars a day in for somebody that's losing is like a dream target I mean 200 dollars a day if you make 200 dollars a day trading and you're losing That is a thousand dollars a week. That's four grand a month And if you lost money in 2014 trading and all of a sudden this year you can make 50 grand a year trading That's a big step up because that means next year will be making 100 and the next year will be making after that 200 Does that make sense? So it's like don't worry about that risk what you can afford uh Do I have a lot of traders in the chat room? I have over 60 people in the live room Most of them are signed up for the year And I have a few people that are months a month But most of people that are there are committed to doing it. They've paid for the whole year You can sign up for the year I do have people that have done my class that are that are not in the room Why because you learn everything in my actual class to trade on your own And actually a lot of people that have done my class trade on their own Some people like to be in the room with me, but you don't have to be in the room with me at all You can trade on your own It's totally totally up to you because I teach you how to do it yourself. Why because I Don't think I'm going to be running the live trading room forever So, you know, I want people to get their money's worth out of the class And that means you got to know how to do yourself because what if I run off and You know get married and have a baby and meet the man of my dreams tomorrow Then I'm not, you know, I may not want to do this So, you know what I mean? Like you have to learn how to trade yourself and I teach you that in the class No, it's not gonna happen right now, but I mean it could um, let me just see here Nick, I don't know about that any signal questions maybe direct directly to ben Let me just scroll up here a little bit and see if I get everybody's questions Uh, Owen is asking about seeing gaps in the pre-market. You can see them a million places You can see them in the chart In the pre-market data You can see them in your level two your live level two Which you have to be a live platform that you have to have with the broker. You can see gaps Uh, you can go and google online and and find stocks that are gaffing free And you can also pay for a scanner if you really really really want to pay for a scanner And a scanner would give you all the gaps But I don't have a separate scanner. Um, let me just try to Scroll up here How often do you see the gap for a time the day before? Okay, this is a different question here. Clark is saying meaning I would see the gap like before the gap would even happen No, I'm waiting for the gap to happen Like right now something's gapping right now tonight. I'm sure like I don't even remember what was out tonight Like there's earnings out tonight. I forget what I even looked at this morning I forget the watches for tonight, but there's stuff there's stuff gapping right now. It's 5 30 I'm not doing the trade until the open which is after 9 30 And I'm not doing anything with the with the stock until it gaps So I'm waiting for the gap the gap happens at night or in the morning or both Like right now at 5 35 eastern time. There are stocks that are gapping I can look at them when I'm done or I would look at them and then I could rate the gap right now And then I would know even if I want to do it tomorrow, but I'm not doing it tonight I'm doing it tomorrow So I'm not like Predicting that it's going to gap Clark although sometimes I can I can do that, but I'm not taking the position I'm just saying I you know my call is that this is going to do this But I'm waiting until it actually gaps And then I'm reading that gap when it's actually gapping and then I'm taking the trade live when the market opens after 9 30 But every once in a while I do look at something like Like Netflix like I had a hundred percent conviction Netflix would gap up and it did But I didn't do anything with that and I didn't I didn't buy it before the gap I didn't buy it for the earnings right like that I mean that would have been crazy to do And I'm not teaching you that I'm teaching you wait for it to gap Rate the gap play it on the open and then I teach you how Folks has been for me signal. We're running a couple minutes over the allotted time Can we get a few or a couple final questions for melissa and then we'll close off the webinar? Thanks everyone for the good questions. I'm sorry if I missed some listen email me at melissa at the stocks Wish com if you do have questions. I didn't get to tonight And if you would like to sign up for the class e-signal webinar special, please Definitely email me if you would like a trial of the live trading room email me as well And if you want to go watch my videos you can go watch them online too Okay, hey folks at that point. Let's go ahead and close out the webinar again Melissa's contact information in the notes section of this webinar page Uh Again, thank you for attending today's e-signal webinar I would like to personally thank melissa for taking time out of her schedule Spend time with us. I'd also like to thank each of you for coming to today's webinar I hope you found this webinar beneficial If you have any follow-up questions again, please do not hesitate to contact melissa at the stocks wish um Or e-signal if you have any questions regarding the product or melissa is um Special offer this weekend. Uh, let's do this weekend We've been more than happy to answer any questions you may have And as a reminder, you will be receiving a recorded copy of this webinar as a thank you for attending We hope you have enjoyed this webinar and will join us again soon again. Good afternoon and good evening to all. Thank you