 David Fudge, I'm from Sun City, West Arizona. Tom Sharp, and I'm from Oakland, California. My name is Lita Dukeshire, and I am from Yarmouth, Nova Scotia, Canada. My name is Verhaery Novage, and I'm from the Dominican Republic. My name is David, and I'm from Sydney, Australia. I'm retired, but I was a biomedical engineer designing medical equipment. I was working for a pharmaceutical company. I'm a commissioned sales rep in the tire industry selling tires. I work for the U.S. Board of Troll, and I still am employed there. I've got about three years before I retire. I practiced dentistry for 47 years. Day trading is something I want to learn how to do, and I haven't found a good mentor or a good training program to kind of help me on the way, so when I found CTU, I thought this is definitely the place I wanted to jump in on. The chat room is just incredible. The support that you get from other team members that help you to identify stocks that may be moving or that are really looking good for trades. There's a lot of the people that I've met here, the instructors and, you know, the other students, too. Fausto and the team really took their time with me. I put the money with the mouthpiece. I get the results. You can actually see them make the actual trades instead of just teaching theory and, you know, leaving it to you to work out in a real world. It's a very well-organized program. It's logically oriented for me. And being in the chat room, there are a lot of good people, and I've gotten to know a few online, and here I've gotten to know several more. I think I just saw Fausto on a webinar somewhere one day, and I was impressed, and so I decided to check it out. Here you are. Experience with Fausto. Fausto's been really helpful, really nice, and I think the team he has around him makes it, you know, really, really easy. I realized how much he really cares about his students' learn. It wasn't something like he's just trying to get to a part of his team. It's much deeper than that. An amazing guy. I met him on... I remember hearing his first video, his first live video, and he has a lot of charisma, and he's genuine, how he sounds online. I feel that he has a genuine interest in people and a sincere desire to see us grow and prosper. Now that I've met him, see that the humble he is, you know, I see him as a very great man and mentor to follow into this field. At Cybertree University, one of the biggest things that really always concerned me is I was you over 20 years ago, and what I needed more than anything was support. I needed to learn, and I needed someone to hold my hand. Well, one of the big things we're very big on is we're very big on support, and all the staff at Cybertree University is very, very well educated and trained how to trade the markets. When you call us, you're going to be talking to an education advisor or an instructor, and you're going to see how much we really care about your training. A lot of people, you know, really don't look at you not only as a student, but we look at you as a family member because training is a family. I certainly feel like I'm included as part of a family. It's just a family feeling to take care of you. We will always be there. We were one of the very first people who pioneered webinar technology when it first came out in the late 90s. When you log into our website, you're going to see that we have courses, recordings. We have it going through step one, step two, step three, from beginners to advanced students. And you could come back and take the class as many times as you want for free. 70% of our training courses are live, and we train you live in the market. So you're not just reading out of a textbook. It's a different adventure. It's just a different course because different movements in the market, different situations happen all the time, but it's the same game. And that's what teaches you how to train in today's volatility at Cybertrain University. New York City, the site of the International Traitor's Expo. And I like to show people when I start trading live because it gets them to feel, the look and feel of what it's like to be in that race. In the competition, our camera focuses on Pugliese, who, despite all the options available to modern day traders, is concentrating on common traditional stocks. I have already did two trades already. The session starts with Fausto fishing for active stocks. Soon it will be the last half hour of the market day in New York, almost always the most active part of a short-term trader's day. I'm scanning through my top 20 list. My top 20 list is all percentage gainers and losers. I'm trying to find a stock that has some good volatility. I'm trying to find some stocks. I mean, I don't care what they do. I don't care if they're going bankrupt or whatever. Fausto finds his first big move, United Airlines. He buys and it dips. He sells and it dips even lower. You got to know where those dominated brokerage firms are. You got to know where they're buying it. You need to know where they're selling it. You need to know where the big boy in that stock is. A lot of people think it's just as easy as just, you know, let me just trade a brand name stock that's, you know, Intel or Google, you know. And that's something that you don't want to do. All right, guys. Let me get a little chat back. If you guys can hear loud and clear, just give me a chat back. All right, good, good, good, good. Well, welcome, ladies and gentlemen. My name is Fausto Puglisi. I'm the founder of Cybertrain University and today we're going to teach you how to successfully day trade for a living. Now, I know a lot of you guys are here and have been listening to probably webinars in the past but let me tell you this right now. I am not here to sell you, I'm not here to sell you anything, okay? I'm not here to give away free TVs, free computers, free cars, free, if you're looking for something for free, you're in the wrong room. What I'm looking for is people that want to learn for a living and want to be able to buy their own car, their own computer. So I'm going to teach you the art of trading. Now, I'm going to bring up my PowerPoint. I want to just tell you a little bit about Cybertrain University, who we are, what I do, and then I'm going to get right into it showing you how almost every single one of you here are trading and making things more complicated in what it really is. Now, let me just bring up my PowerPoint here. Just give me a second. There we go. All right, perfect. So does everyone see the PowerPoint? Everybody see the PowerPoint? Okay, we have Eric and Rich. We have instructors and advisors logged in here to kind of help answer any questions. So I know we only have an hour. So I'm going to try to answer it. I know some of you are like on your lunch break and stuff like that. So I'm going to try to get through this right to the point. Now, just really quick tell you about Cybertrain University. I've actually been training people for over 25 years. I'm actually probably the longest educational school in the industry. Now, how many times have you ever heard someone actually say that? I've been through every single crash from 95 to 2000, 2008 and I'm here today and we do education for some of the biggest and best brokerage firms in the industry more than any school in the industry. Now, why is that? Because what I'm about to teach you is what how trading works every day in learning from the best traders on Wall Street. Because when I started, I was you 25 years ago. I lived here in New York. I was trained by the best traders in the world. And let me just tell you this guys. I was a huge failure. And I'll tell you why I failed because I was that ignorant 22 year old kid that was self-taught and basically try to do it on his own. And you can see that a lot of us are probably a lot wiser than a typical 22 year old, nothing against being young. I just didn't want to spend any money. So eventually seeing and being surrounded by traders. I finally said, you know what, maybe I'll take a job as a trader. I didn't want to do it probably for the same reason why people don't spend money in education. I didn't want to split the profits. I said, let me try it out see if it works out. If I do well, then I'll go out there and then I'll go spend some money. So anyway let me tell you what I learned on the first day on the job. What you're about to see right today was the same exact thing I was taught and I said, you know what, I should have never made my first trade. What I'm about to show you is going to be very disturbing. You're going to see that, you can actually see where all the orders are. I'm going to teach you about level three quotes. I'm going to talk about time and sales. I'm going to talk about pre-market trading after market trading. How these stocks gap up and gap down. Who's doing it? Why is the market down at 40 points? Who's making that happen? Listen, it's not that complicated, guys. It's realistically you're making more complicated what it is. Now let me just tell you how Cybertrain University was born because this is what's going to make you want to be part of our team. I founded the company back in 1995 and let me tell you how this came to fruition. The only way that I could succeed as a great trader is I have to teach people how to trade like me. That's what my mentors taught me and that's what I learned by being a prop trader. I went out there, I started Cybertrain University and I started the original online trading room. Now you're seeing hundreds of them open up all over the place. I started the first one and you're going to be all invited at the end of this presentation to see what it's like to be in the original trading room. Not only that, not to see Fausto Puglisi how great of a trader and being a 12-time world champion, that doesn't make you money. You want to see if the other traders are making money. You want to see if they're making good call-outs. You want to see if they know what's going up and going down and that's what all of you guys are going to witness. But to do that, so I'm not wasting your time, let me just tell you what we're going to learn really quick. I'm going to tell you basically what is day trading. And I'm also going to talk about how you can make a living day trading. The biggest thing a lot of people need to learn is why people fail. Trading has such a bad word to it. I was down in Florida last week and I did a big presentation for Trade Station. For some of you here, Trade Station, they're the leading direct access firm in the industry. They invite me to come down, they fly me down to do presentations at their headquarters and I went out to dinner with some of their staff and there was a guy at the other side of the bar listening. We were having a cocktail before we had dinner and this guy was sitting there, he's like, what do you guys do for a living? I'm a day trader and you know what he told me? He's like, do people actually make money doing that? He's like, of course they do. He's like, do you make money doing that? Right away, I know where he was going with this. I'm like, let me ask you a question. Because you already asked me three questions. Did you try to day trade and lose all your money? He goes, why are you saying that? He was being very defensive because my question is, who trained you? Oh, I tried it out, didn't work out, and said exactly. And that's why you're here and not the 25 million people that trade every day. Because everybody wants to try it, they just don't want to take the time to learn it from true professionals. And that's what we're going to focus on. The biggest thing that you're going to learn is that a lot of you guys are not even using the right tools, which starts with level three. So, what I'm going to do after I educate you guys a little bit about what is day trading and how it works, I'm going to invite all of you guys to come in and get to meet people just like you and see if actually people actually really do make money doing this. And that is going to be the real answer to let you know if this is for you to move forward versus not. Well, thank you very much, John, I appreciate it. So, I got a question for everyone, so let me just do a little pop quiz, not quiz really, just a question here. Can everybody just tell me, I'm just curious, what kind of trader is everybody here? Are you a stock trader, an options trader, futures, forex? You can just put that in the chat, just want to get to know a little bit about what is everyone here. So, again, an idea that we kind of audience that we have. All right, so we have a lot of options traders, okay? Stocks as I come in a second. All right, good, good. Couple of futures, couple of investors, perfect, all right. Well, let me tell you a little bit about myself. I like to day trade and I'll tell you why. Day trading is actually the least risky out of all trading. And don't believe me, you'll see it when you come into the trading room. Day trading, let me tell you how it works. You're in and out the same day. You just make your days pay. You don't have to worry about what happens overnight. You don't have to sit there on your phone all day and try to figure out what's my stock doing. What's my options doing? And I see we have a lot of options traders out there. And listen, options are great, but do you know that 10 times harder to trade than just buying the stock? And you know why a lot of people trade options? They don't afford the stock. Well, that's a misconception. Listen, how do you know what options moving if you don't even know what the stock is doing? So, you know, listen, I like options, but I would never do that as my first trade. My first trade is the stock, buying it, day trading it. If I like the stock, then I'll consider swing trading it. If I feel I want to tie the buying power because I need my day trading and swing trading, then I'll do an options trade. And by the way, futures and forex I don't have anyone out there. Listen, I'm not a futures and forex guy. I never pretend to be one. But if you are interested, you're more than happy to email me. And there's only about two, three people I really recommend that are very, very good at that. All right, so we'll cover that. Now, let me just go back to our chat. Phil says, why do 10 times harder? Well, first of all, there's when you're trading the stock, you're trading it and selling it, and the spread is cheaper. You've got a very tight spread where options get a lot bigger spreads. You're dealing with a commission. You've got time, commission, and spread. When you deal with the stock, you're eliminating almost all of that. The commissions are cheaper, the spread is tighter, and you're not being forced. That's the reason why. And there's so many ways of trading an option. So I'm not here to kind of defend and show you that to try to prove to you, why do people feel that you can't make money trading stocks? Because they're not looking at the right stocks to trade. Remember, why are you here? Just remember this very important. Why are you here? Why are you trading the market? Because you want to make money. You want to have more freedom. You don't want to go back to work. For some of us on Social Security, we know it's not paying enough. It's not paying enough to have a good income, and you know for a fact that there's no job out there that's going to pay you better than trading the market. And you know you don't want to give all that money you worked so hard for, your IRA, and give it to some hotshot mutual fund. It's only going to show you 5, 10% a year. Because when you come in our trading room, you'll see people making 5, 10% a day. And don't believe me. You'll see the fact when you come in there. But let's get right into the rule Listen, you see a stock like GEM. GME, I'm sorry. GameStop got destroyed. Stock went from 25 down to 11. There are a lot of stocks that got really beat up. Which was another big one. EA Sports, another one. SLDB, a really big pharmaceutical stock. Yesterday was $24. It opened up this morning at 6. So that is where day trading becomes an advantage. And you could actually benefit from catastrophes like this. So, what is day trading? Let's just talk about that. And then I'll get right into the trading. Do I have free access to level 3? Okay, Tamer, like I told you. And this goes for everyone here. Do you work for free? Does anyone work for free? Okay. The only thing is free is the cheese and the mouse trap. If you're looking for free stuff, you're in the wrong place. I can tell you a couple of different schools you can go to. But how good could it possibly be? When I got into level 3, I used to pay $2,000 a month for it. Now it costs $15. You can't afford $15. You can't afford to day trade. So, let me just tell you what day trading is. And then we'll get into talking about the value of it. Because you know what, $15 could be a waste of money too, right? $7 could be a waste of money. What is day trading? Day trading is basically profiting from every day momentum and volatility in the stock market. You basically just looking for stocks that are moving in the market and you kind of just working off that momentum because we don't really care what we trade. We just want to make money. That's what trading is all about. And we're basically in and out the same day. We're not holding positions overnight and most traders, we're just trying to make a day's pay. Do you know if you really think about this? If you make $500 a day, that's basically $0.50 on a thousand shares. Two trades at $0.25. You make $500 a day, they're just six-figure salary. Most average day traders make about $1,000 a day. That's usually the average. But even $200 a day making $0.20 could still be a very nice little living at the end of the year. But that's what day trading is about. It's not saying what, you know, what Tesla is doing today. Or saying, oh, Amazon, ooh, it's down 40 points. What do I do? Is that going to affect the market? It's about which one's going to give me the least amount of risk with the high amount of reward? Now, how to become a very successful trader? A day trader in general. Well, first of all, you've got to have the right brokerage account. Now, I'm not a broker. I'm not here to sell brokerage services. I'm just telling you the facts first. And then you guys can go from there. You've got to have the right brokerage account and it's got to be a direct access broker. The difference is between direct access and online brokers. One is an online one's ideal with public transportation. One's like driving your own car. Direct access is like driving your own car. Is it cheap to drive your own car? Well, it's definitely a lot cheaper public transportation. But you know you can't run a family running public transportation. You've got to have your own car. So one of you asked me, what is the cost? Listen, everything costs money, but it's not as much as you think. You've got to have the right trading setup. A lot of us have a platform. We don't know how to trade, you know, and one of the things that we teach you at Cybertrain Versa, you've got to be careful with these platforms. Think they want to sell you like, oh, Mike does this. It does that. It's got seekers. It's got it's got green lights. It's got red lights. It's got yellow. It's got, you know, tickers. Listen, 80, 90% what they offer you is window dressing. You don't need it. Don't worry about that because we'll give you a decent setup no matter who your brokerage firm is. You basically another big thing like we told you about trading has got a risk less with time reward. And actually, you know, day traders, we only even trade all day. Actually, like today I was talking to a student. I was done at 10 o'clock this morning. We had this one stock that had a big move. I'll even, you know, you can actually look it up. What was it? The SL SL DB who's a great nice little stock. It went from, you know, it was a stock that was down 75% and it was a bottom fish went from six to eight. You know, hey, you make half that move. You did pretty well for yourself. A lot better than trading Amazon at, you know, what is it trading at 1600 or I trade $6 of the stock all day long. Now, most of our trades are done in pre-market. Now, like I told you, I was down in Florida, do the presentation of a trade station and you can't believe how many people don't even know what pre-market is. They didn't even have access to it. I'm like, do you know that's where we make most of our money in pre-market? That's the beauty of trading. And how do we find them? It's all working off the big percentage gainers and losers. We find what's moving in the market and we just trade those, you know, those stocks. Now, for some of us, which I'll talk about when we move on, some would be like, well, how do you know to trade this one? How do you know this is going up? How do you know it's going down? How do you know one's not got a big risk factor? That's the easy part. But, you know what the easy part is? You know how you're going to figure that out? By surrounding yourself with good traders. And that's why you'll notice in today's markets, a lot of the schools that you'll see running around, a lot of them are our students and instructors. So, but if you really want to know what the original of it, that's what we're going to cover. Now, why do most traders fail? First of all, they mix day trading, swing trading, and opposite trading. First of all, you can't mix when it comes to trading. Okay, this is not you know, this is like alcohol, you know, you know what happens when you mix, okay? You know what happens when you mix different foods. You get sick. That's why people fail. They don't know how to take losses. Another thing, they read too many books. You know, listen, I have a book out there and Wiley, the one of the biggest published companies in the world, they beg me. He says, Fausto, could you could you write a book for us? We really don't have a day trading book. Last one was the So's Bandits from Harvey Halkin. We know you're the Godfather of Wall Street. You're one of the last Moheagans. Could you do it? It took me like 10 years before I decided to do it. Am I here selling a book? No, I don't care if you buy my book. It's a great book and that's because it's mine. But that doesn't make you money. So everybody wants to read a book. Okay, guess what? You could learn more risking $50 in a stock than buying a $50 book. Now, another thing, everybody's looking for cheap tickets. Like, listen, I'm not trying to pick on the gentleman that says, you know, is it free level three? Listen, if you're looking for free stuff, you're in the wrong business. A lot of brokerage firms are going to offer you cheaper tickets, this and that. It's not about, you don't want cheap, you want a good deal. It's a big difference when it comes to trading. Another thing, trading by yourself. That's where other people make a lot of mistakes. You can't do this by yourself. You have to bounce ideas back and forth with other successful traders. It's like in any business. Why does everybody want to work for some of the biggest companies? Oh, I would love to be a trader at Goldman Sachs. Yeah? Go try to go get a job there unless you know somebody and you feel at the top of your class. Another thing, not trading with successful trading groups like I just mentioned, what's the other one? Don't know how to take losses and I'll be honest with you, that's like the biggest thing we teach you here. We teach you how to take a loss. How many of you guys have a stock and you're like, I wish I knew how to just, why didn't I hit the button? Why didn't I get out of that trade? That's where we come in, teaching you how to journal, how to manage and making sure you're in enoughs enough, you gotta learn to be on top of that. Trading takes time and patience. Listen, I can't teach you how to trade it in an hour, I could just get you just enough to be dangerous, I'll be honest with you. But when you come in our trading room, you'll see what we're talking about. And by the way, another big thing is this, you gotta get the right mentor. You might not like the way I look, you might not like the way I sound, but that doesn't help you, that doesn't mean I'm not a great trader and a good mentor. Every one of you need to learn, not from one, but from several different mentors. It's just like going to school. Elementary had one teacher, but when you got to college, middle school, you had multiple teachers and multiple classes. It's the same thing, but thinking that you can go out there and try to do this on your own, you let me know what you're doing, I'll always do the opposite. And that's why brokerage firms love and give you these great deals, because I don't know if you know this, they're actually trading against you. Now, what is a cyber trading strategy? Let's get right into it, okay? But before we do that, does anyone have any questions regarding about why people lose money, what is day trading, or anything about CTU before we start getting into the strategy? Just give me a chat back and just say yes or no, no, no, no. It's over close to 200 people here, I just want to make sure that I'm not boring you or you're floating into La La Land or whatever it is. All right, good, no, no, no. What about you, John? What about you, Mike, Bill, Fran? I'm watching you. Listen, you want to be a good trader, you got to speak. Don't be shy, no one is going to embarrass you other than you hurting yourself by not knowing how to react. It's one of the biggest requirements to be part of the team of cyber trading university. All right, good. So the big thing that we teach you here at Cyber Trading University is how to follow the dominating brokerage firm. Now you're looking at a photo of the New York Stock Exchange right there and you'll notice in that photo you're not seeing any indicators, you're not seeing all these fancy six monitors, you got a guy that's got a laptop and he's looking at the screen and what do you think he's doing? He's following the money. That's what he's doing. How do I know what they're doing? Because I was one of those guys. I was down there, I was a market maker, I was one of the original SOAS bandits and day traders and let me tell you, when I went down there and I was looking at what these guys are doing I'm like, why was I always taught to do something totally different and that's the question is who really trained you and you all know that a lot of us can't get down there unless you had a job. Actually, we actually had a cocktail reception there not too long ago and you could see the New York Stock Exchange pretty much it's a dying breed because everything's electronic, you're pretty much going to be able to have weddings and bomb-its there soon but about three years ago we had a cocktail reception, my students loved it. It cost me a fortune but money's no object when it comes when we're all making a lot of money together but I wanted you guys to experience my traders to know what's like to see how real traders work in that environment but the thing is this, how do things go up and go down? Supply and demand, okay? Who controls supply and demand? The guy who trades the most shares? Who are those people? The dominating brokerage firms. Now, how do we follow the smart money? Because that's basically what it comes down to. Listen, don't take this the wrong way. My mentors told me something very valuable. They said, once you think you know something about the stock market you're going to lose and I'm like, what do you need me to lose? I mean, I'm not a dummy. I'm like, listen, it doesn't matter what's in Falstow's head, okay? It matters who the guy with the 100,000 or 300,000 share buyer how is he working in order? Your 1,000 shares are not going to change the market. Just follow the big boy. That's all you have to do. And I said, great. That makes perfect sense. So what was I doing wrong in the beginning? You know what I was doing wrong? Being cheap. Because I didn't want to split the profits and work for somebody and commute back and forth to the city and I also didn't want to go out there and spend money on technology. So what ended up happening? I went through a couple of hundred thousand dollars. Learned the hard way. My dad was very upset with me. He gave me one more chance. And that one chance was getting a job as a professional trader. And I had to pay his money back. So how do we follow this volatility in the market? That is what we need to cover right now. So let's get right into the different technologies of getting a quote on a stock. Now there are three different quotes if you'll notice. There is a level one version, a level two, and a level three. Now let me just do a quick poll right here. Does anyone here have level three quotes? Just out of curiosity. Just fill out the Q&A. If you don't know the answer, just say I'm not sure. Yes, no. And by the way, if you're a student of CTU, please do me a favor. Don't say yes. It would be prior to CTU. So as you guys are filling this out, it seems like we got obviously a lot of people don't have it and I think that's why a lot of people are here. But surprisingly a lot of people are saying yes, which is great. So it's about right. 70%, 69%, 15% are not sure. I'll take that as a no. I'll just take that as a no. So we're talking about 85% of you do not have level three quotes. Now let me just remind you. Trading is about an 80% failure rate. How many of you guys want to be part of that 80%? Nobody wants to be part of that 80%. You want to be on the 20% side. Well, this is where things are going to start open up your eyes and start becoming very disturbing. And once again, always remember and ask yourself this question. Who really trained you? And number two, who was that person? Who is endorsing him? You know, where did he learn how to trade? Is it because he came up with his own philosophy? Or did he actually work for a market maker or a brokerage firm? Because obviously if he did he would have learned from the best because not everybody's style will work for you. So I'm teaching you how Wall Street trades. So let's talk about the different levels. Now, there is level one, level two, level three. Now, level one basically what that is is basically you're just getting a quote. So if I ask you where AMD is trading. Oh, it's trading at 2134. So, okay, great. You got a quote. All right, great, you got a quote. But how does that help you? So I know where it's trading at. That's fine. That's great. Who's buying it? Who's selling it? Why is it going up? Why is it going down? You think I really care about the market cap? You think I care about the P ratio? You think I care about the earnings coming out? No. I want to buy a stock. I like AMD. Where's the training at? And how do you know it's going to go higher? Oh, it's got an uptick arrow. Okay, big deal. How does that make you money? So level one, how much is it cost? It's free. Okay. And once again, that's all it's worth. Now this came out back in the 90s. It's called level two. I know, does anyone here have level two? And if you do, how much you're paying for it? Who has level two here? Every broker terms offering level two, right? How much they charge you? Yeah. It's exactly. It's free. And that's what it's worth. Okay. Level two has been outdated since the 90s. I'll just tell you very briefly what it is. You got the buyers on the left. You got the sellers on the right. That's the bid. That's the ask. It's got an ID which is showing you a four letter abbreviation of the broker term. And then it has a size which is telling you how many shares they want to buy and sell. Okay. And that's basically same thing on the ask. Who wants to buy it? What they want to sell it for and how many shares? Now the way it works is whoever wants to buy it for the most amount of money is up on top. Whoever wants to buy for less money is down at the bottom. So hopefully now that explains to you what level two is. It's probably level two. It doesn't give you all the data. It's just telling you who's buying it and selling it at their best price. It's not telling you all the buyers and sellers. It's not telling you, oh, yeah, I'm a buyer of 100 shares at 21-20, but it's not telling you I'm really a 50,000 share buyer at 21 and you're not going to see that level two. So that's where level three came in. Now level three just to let you know I'm actually was one of the developers who came out with level three. If any of you guys know what ECNs are, Electronic Communication Network, I was actually one of the developers of NASDAQ that helped come to fruition. Now I want to give you a whole you know history lesson on what is a ECN and how it worked, but just to let you know if you read any of the old books I'm one of the original So's Bandits which is one of the original day traders and back then market makers obviously were not honoring their quotes on level two and we kind of NASDAQ wanted to have a fair market because when you buy a stock you had to buy from a market, a brokerage firm. When you want to sell it, you sell a brokerage firm and they didn't like the idea that they pretty much dictated the price of the market so they wanted to make it more of a free market system and they wanted guys like you to go out there and compete against them. So we were the ones that actually came out with something called an ECN. Now an ECN allows you to become a market maker. If you go to my YouTube channel you could see a couple of videos and be showing you some examples of what it actually looks like. That's called a direct access trade. Now what level three is is basically it's going to show you all the orders out there. You guys are very familiar with Instanet which we call an Instanet machine is basically what it is kind of replaced it. High frequency trading you're looking for high frequency trading, dark pools you see them all in level three. Now level three is going to show you all the orders that are out there. Now if you look at the New York Stock Exchange there's really nobody there anymore because it's all electronic. Where are those electronic orders? Right there in front of your eyes. So it all begins with the level three quotes. Now what is your YouTube channel called Cybertraining University? You could look up my name, Faustopaglisi or you could look up Cybertraining University. And we got thousands of videos there that will show you even like our watch list that we train in the morning everything. So let me get right to level three and let me show you how it actually works and how we utilize it. Now remember what I told you stop what you're doing turn the TV off don't worry about politics, don't worry about everything in the market, everything's dead right now focus on what I'm about to show you right now because what you're about to see is going to make you realize that you've been trading blind since the day you did your first trade. Because it all starts here. Not on a Fibonacci indicator, not on a watch list not on a seeker it all starts here. So right here ladies and gentlemen this this is the buyers this is the sellers this is the bid price and this is the amount of shares that want to be bought same thing here. This is the bid price, the sell price and this how many shares that want to be sold. So what you're looking at is you're looking at buyers and looking at sellers and you're getting to see all the orders that are out there. Now remember this how do stocks open go down? Two words supply and demand. How do you see the supply and demand through level three? Let's bring in a chart here. Now does everyone here know to read a chart? Can we ask a question now? Yeah no problem, ask a question. What is it? No problem. And if I skip it because there's too many of them the staff will be able to answer it but I'll try to answer as best I can. I only have a little bit more than 20 minutes to go through another 30 slides of this. Does everybody know how to read a chart in the meantime? Everybody know how to read a chart? You know what, it's like the first thing that people ask. Yes, Philip, level three is the matrix. Actually it's even better. We call it level three the trade station call it the matrix. So let me show you by the way just let you know like I just mentioned that was the last thing I was taught how to trade to look at. So you see how AMD had it went down and it stopped at 18. It went up to like 1830, 18 1830, 1818, 18 and then boom it says you know what it's obviously not breaking 18 and then went from 18 to 1890 in the matter of an hour. Why did this stock not go below 18? Can anybody answer that? I mean it kept testing it for about 30 minutes it did not want to break 18. What was the reason for it? Can anybody answer that? Why does the stock not break support levels? What makes support levels? Can anybody answer that? No, not a supply, it's a demand. It's a demand. Supplies resistance you know buyers bids are a demand. So when you look at the level 3 quote right here do you notice right around $18 there's a 61,000 share buyer, that's right Rick you got it right there. There's a 61,000 share buyer out there at 18. That's what made the support level is that big big buyer out there and that is what makes support levels. Same thing going here stock goes from 1980 all the way up to about 2050 in a matter of like nice 15 minutes think about it you buy a stock at 1980 and you're like I'm on the right side I'm making money, I'm making money and then all of a sudden you're like oh my god where did it all go, why is it going down? How did I not know it was going lower? Well what would prevent a stock from going higher? Can anybody answer that? What will stop it? Resistance right? What makes a resistance ladies and gentlemen on a chart? What makes a resistance? Sellers how do we find the sellers? We pop over here on level 3 and if you notice here on level 3 there's a 100,000 share seller sitting selling at $20.50 How much money is 100,000 shares at $20.50? That's $2 million worth of stock How many of you guys are trading $20 million? Okay I mean $2 million in one trade Now if you did you probably wouldn't be here but there is somebody out there doing that and then you sit there and you wonder how did I not know that because here you had a nice winner you could have made yourself a nice 500 bucks and then now you value back and break even because of that you didn't see that Well listen John, we'll get to that we'll get to that and we'll show it to you there's just two Johns actually here and does it happen to you guys all the time? It happens to everybody So what I'm showing you is just and listen this is a screenshot and by the way I promised all of you I am going to prove this all to you live in the market okay, but I don't want to waste your time because some people still not don't really understand what trading is so I'm just here to kind of explain what is day trading why people fail because they don't have the right tools and they're not looking at the right data they want something else to tell them where the stock is going they don't realize that there is something see they're always looking what's happened in the past they don't know how to read the future and what I'm showing you is how to predict the future not hoping what happened in the past is going to be indicative of the future Francis so why does the big companies look for a higher price to buy Fran we didn't get to that yet that's a great question which is another question people always ask me how do we know these are real orders and not fake orders and I'm like no problem you think it's fake tomorrow when you come into my trading room I'll find one of these orders use your account we'll try to execute one we'll see what happens I don't understand the 2050 price did not reach so that amount or did see it happen well there's also an explanation when it comes to that too but the way it did is it just right below it a hitting came right back down now let's look at this example right here very simple question right to the point do you think the stock's going up or going down what do you guys think is going up or going down meanwhile TJ has a question what do you think of order flow charting software like TJ once again why are you trying to find another crystal ball okay listen I know how it works and it will work but there is this thing called cruise control all right and if your son comes up to you and says hey dad I got my driver's license okay so I'm going to teach you how to drive oh no no no that's going to use cruise control oh no no I don't need to do it the car drives itself are you going to trust your son who never drove a car before just because it has cruise control and or because it's got Thomas driving to it no okay you got to learn how to trade first before you go out there and start using all these bells and whistles okay see everybody doesn't want to know something fun the problem with today's society ask today's millennia if they know how to change a tire ask them do you want to change a tire or ask them do you know how an engine works what do I need to what do I need to know I call AAA really let me know how that works for you when you're stuck in a ski slope in the mountains today not that you're going to force them to do it you got to still understand the fundamentals of the market and then you'll know why somebody's pushing you to buy this or buy that I'm not here to push anything I'm here to teach you how to play the game and John says yeah they have no idea isn't that sad isn't that terrible anyways get right back to our point here okay is the stock going down listen it's common sense the stock is going down all right the trend is down now this is the next question we want to ask everyone when is it going to go back up what do we need for the stock because the stock ain't going 18 to 0 I mean it could happen but it's going to stop somewhere what do we need for the stock to go up Phil says and also ask him what is a tire I know it's going to everybody get every joke you know that's going to be the new joke right now you should have fun after this webinar you should go out there and tell Ashley little nieces and nephews about that and you'd be shocked it's scary but anyway let's let's hopefully listen trading is no different though I don't want to be no one here should be a hypocrite but some of us we act the same way we want to take shortcuts there's no shortcut when it comes to trading these are the facts okay so exactly what a lot of you just said we need a demand we need buyers do you see a buyers on a chart do you see demand on a chart no you know we need we need a guy that wants to buy what happens when you have a 129,000 share buyer sitting at $18 what listen you got buyers you got one share one stinking share looking at your board at 1812 21 27 shares woohoo 2400 a little bit more than 1000 129,000 shares a guy sitting there looking to buy at $18 what do you think is going to happen listen you don't need to be a rocket scientist to figure that one out right look what happened when the stock went from from 1950 down to $18 all the way down here in pre-market went from 1850 to $18 all the way to 1950 got close to $18 never got it and sure enough it went all the way to 21 how did the hell they go from 18 to 21 how did you not see that well did you ever thought about that guy he's got a limit order out there and he's trying to work an order and then all of a sudden he might be like you know what nobody's selling it to me and my client wants me to buy the stock and I better get it before it starts running up so maybe he was the guy who ran the stock up and the only way he could do that was to execute all the sellers the sellers on the offer but you could have jumped the line just by knowing you knew he was out there in the first place Michael says when you see that order at $18 what do you do I don't know Michael what would you do how do stocks go up and down Michael supply and demand what do you call when you have a big demand at 129,000 shares sitting at $18 probably going to go up so I don't think you will want to short it I can tell you that right now can a market make a game level 3 like use with a old level 2 Claire we didn't get to that yet okay that is a great great question and that's usually now where people are starting to kind of realize oh I heard about this I heard their fake orders don't believe listen let me just tell you something right now I am teaching you Zach I am talking about how the market works I didn't even teach you how to trade I am just teaching you how the market works if you think you are in a business where there is a bunch of cheaters and liars and thieves what the hell are you doing in this business right so listen there are thieves cheaters, liars SOB's in every business you have friends that you are trying to steal your job but you just know how to survive you just know how to play the game and it's scary how many people don't know how to play the game so before you start thinking about you know oh this one is playing a game you just know how to play the game you just know how to play the game which a lot of you don't know how to do well thank you very much Jim so let's do the opposite let's get rid of the chart let's just look at the level 3 okay where is resistance levels in AMAT this AMAT we are looking at the stock AMAT which we are very familiar with where would you think resistance levels would be in AMAT where would you think looking at the level 3 quotes well a resistance would be on the sell side because a seller is going to make resistance if you don't know the answer just give me a question mark 40 40 40 40 now listen guys listen to me carefully when you open up an execution system I was just talking to someone the other day he goes oh I have 6 monitors I'm like how the hell do you have 6 monitors oh I can't fit everything on one screen we are looking at one window one little stinking window right that's how we teach you at Cybertrain University we start from one window and we connect the dots and you know why this one does that one window you all are right there is a 138,000 share seller out there what does the chart look like it's doing let's put it in this perspective what does the chart look like it's doing is the stock going up or going down what do you think up or down up right hell this thing look like it's probably going to go maybe 40 50 dollars the way it's trending up look at that chart it's beautiful it's gorgeous hell if I better throw a couple of indicators in there it might even look like it might even you know you want to probably mortgage the house but what about that 138,000 share seller out there sitting there you don't see that on the chart right well guess what look what happened after we saw that beautiful run up in that stock now it's at 3953 and you like sitting there trying to figure out what the hell am I missing that's not what you know Mr. Bollinger told me that's not my RS I didn't tell me that I don't understand it looked beautiful I mean the chart was look great who the hell stopped it from going higher that was a wake up call that was a wake up call when I got into trading and I'm like first of all I was like who in the hell would be that dumb not having this data and I'm like oh yeah me and the only reason why is because I didn't want but when I started I don't want to split profits and pay $2,000 a month for software and my trader was like my market my mentor is like faster you want to make a quarter million dollars a year hey you're going to have to do some sacrifices okay you don't got to go back to college you pay $70,000 a year and do it but you want to make money you got to be able to do it for instance oh my god so think about it before you came here how many of you guys knew that trading was as simple as this I didn't really teach you anything okay see everybody's like faster what's moving today what are you watching oh I saw your YouTube channel you had this stock that went up and bought it went 300% had it why I thought it was only going to go 5% how did you know it was going to go that high listen it's who you surround yourself with who really trained you and this is what I want to do I want to invite all of you guys to see this live in the market and I can't show you in an hour I am just showing you just enough to get you to make you realize so you could sample it and come in the trading room see why we've been in business for 25 years see why we teach for more brokerage firms than any school in the industry which by the way you think a brokerage firm is going to want to endorse Cybertrain University knowing that that they could be a big liability TJ once again next question people ask me so how much is it who cares if it's $5 or $50,000 you want to make a nice six figure salary don't worry it's not going to cost anything right now TJ because remember one thing you do it right or you don't do it at all okay that's where it comes down to you know where it starts with education let's educate you just enough to be dangerous because what I'm done with you you know my ultimate goal is my ultimate goal is that as much as a lot of you want to trade unfortunately it's not for everybody and I can't tell you how many people come into our trading room like you know Fausto you saved my life I just realized it's not for me and you know what that's okay and there's some people like my god I've been trying to find you for years I spent thousands taking this guy's class and lost so much money and you know what that's okay too you know we'll get there you know just got to be patient listen I can give you one guarantee guys stock market is not going out of business so and realistically nothing really has changed since I started till today other than things did get a lot cheaper and technology got more convenient okay but do it right the first time and let me prove it to you so anyway let me just kind of we're much time we got running out of time here so I know some of you guys got to go I have to go too so let me get through this pretty quickly and go over just a couple more things but I'm just having so much fun here you realize time's flying when you know when you having fun so we call these things iceberg orders okay what is an iceberg order you know everybody looks what's on top of the water no one realize it's on the bottom of the water and we all know what happens if you hit it hit it you know hit a hit an iceberg it didn't work too well for the Titanic that's where it kind of came up with the word an iceberg so we're looking for big iceberg orders that's pretty much what we're looking for now the next question is when I buy a stock where does my order go okay who am I buying where to go well for some of us we're out there and we're trying to figure it out how do we know that's a real seller how do we know he didn't cancel his order how do we know we got executed well you ever heard of something called time and sales I bet a lot of you guys neglect this these are actually the confirmations of transactions that take place and not only that but when you color coordinate them color coordinate them you could kind of get a sense of direction where the market's going so when you saw that big hundred thousand share order out there and wanted to know if he really was selling it or he canceled the time and sales going to see show you get executed how many times you guys see an order and like this is definitely a support level and then all of a sudden you're like how did that happen well you see everybody was kept hitting the bid and seeing all those transactions going on the bid the only problem that I have with time and sales that people find is that they think it they think it moves too fast well maybe because you didn't have your time and sales set up correctly maybe you're looking at a fast-moving stock that you shouldn't even be in and that's why you're probably neglecting it it's actually I don't know if you know this but a chart gets his data from time and sales so imagine how much faster and smarter decisions you can make just following time and sales then watching some longer chart so looking at this example right here seeing green green green green green what does green mean that means that there are transactions going off on the ask why would anybody buy a stock from a seller oh because it's going up just like this CRON at an all time high look instructors out there fill made 52 cents Jerry made 55 cents look green green green there's the times see how well they're doing how did they know it was going up well the people keep buying it listen we're just the crumbs on the floor I tell everybody we're just the ants we're just trying to get the crumbs we're trying to make the 200 500 a day they're people moving thousands hundreds of thousands of shares don't question them like this stock how many of you guys like oh I hope it goes up I hope it goes up well listen everybody selling it you could hope all you want until you see greens in this this thing is still going down and guess what you could always short it when it comes down to it just like our traders did it now the next thing people always ask is that you know I hear something about dark pools what about that you know is that something to worry about listen if you go to invest the media dark pools are not available for the trading public okay which means it's the least of your problems you can still see a dark pool happen in time in sales but for to see that one order of 400,000 shares that goes off is very very rare and you know you know because people always ask me all I heard but things about trade dark pools listen that's the least of your problems okay that's the least here if you're focusing on that you'll never make money in trading yes and it is a short I don't know who your name is but it's called the greatest ever whatever that is or congratulations to yourself I don't know if you talk about me or yourself but is it also shorts buying yes absolutely and let me tell you something guys you can make money actually we make twice more going short than going long and you know what Rick I hope and that PCG on that options trade that's great but we were day trading and if you were day trader and you so was happening over the course of the day then you might say oh maybe now PCG you know I like it then you know I don't want to tie my cash but might be a good options trade right that's how you find good options so we're almost done here and I want to kind of just get right into one big mistake that a lot of people make okay they don't realize that day traders we just focus on a days pay that's really what comes down to it here's a stock you know because we make most of our money within the first hour the open and in the pre-market day traders don't trade all day and if you really do the math here's a stock that went from 35 to 3620 could you imagine in 30 minutes making 500 a day doing that over the course of the year what's wrong with that but people don't look at it that way they look like what the hell's 50 cents can't make money with that yeah you know what do that consistently you see how great it becomes now what I'm looking to do ladies and gentlemen is I want to invite all of you guys to come to to cyber trade universities professional trading room the original trading room that I started 25 years ago okay I do there's a bunch of them around but if you want to see what the original hot dog the original cheesecake where it all started the original chicken wings where it all started you want to know where the original trading room started right here I'm going to invite all of you guys to come in there okay and the thing is this you'll notice something very important here I am going to show you and you're going to see people like Ken Fernando Ben John how how we trade stocks like then MGNX up 164% how it went from $20 to $32 some people like where did that come from how did I not see that where did that where did that where did that stock go up with how did that go from in pre-market and from all the way I'm going to show you that watch them listen I can't first of all it's illegal illegal for me to tell you with the buy and sell how do I know that because I was registered and I see schools get shut down all the time so if you're in a school right now the guy giving you recommendations technically he's could be he could be arrested it's just it's an SEC rule so the big thing is this in our trading room it's not about me so I'm going to tell you what we teach you is how to think for yourself even if it was legal I still it still doesn't make you money when you come in this room you're going to see people just like you how they make money and let me tell you this I say it all the time if I could teach a nine-year-old woman could do it you could do it okay and she's actually a pretty good trader it's not about going out there learning about every single thousand indicators out there you just because it all it does is confuse you you got to learn how to keep it simple it's called the kiss method keep it super simple that's our motto we go by here at cyber trade university so let me teach you how to make a day's pay because it doesn't really take that much to make it very successful and then you'll see why cyber trade diversity has been endorsed by more brokerage firms than any school in the industry and let me tell you something ladies and gentlemen they have a lot to lose because why would they endorse somebody if they know that their traders are not making money so let us be your mentor let me show you how to trade let me show you how to play the game and this is what we and then you'll see how you could spend more time in your family do the things you always want to do in life you know and how to make money for yourself and how to and how to enjoy you know a career that you always wanted to do so to get into our trading room this is what I'm going to do I'm asking for nine dollars that's it nine bucks why nine dollars nine dollars is going to tell me that you're a real person the nine dollars I know everybody here wants to be in my trading room but you know what unfortunately we get you know some bloggers some people that try to steal our ideas steal our clients unfortunately I mean it happens and anything so this is dig of it as an entry fee and the nine dollars is what you're going to get okay you're going to get the cyber group trading room for a week you're going to get three daily market meetings you're going to get a morning and afternoon watch list you can get your own personal education advisor people are just shocked with that they say oh my god somebody actually called me I thought it was a joke I thought it was just like every other company out there no listen we take this very very seriously okay because at the end of the day if you're going to be one of our traders you know we want to make sure that you're qualified to be part of it but we need to make sure you know who you are and what and why you're doing this and not only that you're going to get live Q&A answers and then you're going to see live level three quotes and time and sales going over the course of the week now as a bonus by the way at seven days let me just tell you this too you don't like it I'll just give you seven dollars back at the nine dollars I don't need the nine bucks trust me the nine dollars is just approved to me that you're a real person that's it that's all we're looking for and if you're not satisfied you don't have to dispute the credit card charge just say you know what's not for me could you give me a refund send me an email I'll give it to you I don't need it trust me now as a bonus this is what I'm going to do the first 20 people that register right now I will actually personally give you a coaching class now why would I do that is because I am looking for traders that I could teach that I can make money with that's basically what it comes down to I'm looking for traders that will actually learn that want to do this as a living because the way I make my money is that if I could teach you be a good trader you're going to make great callouts in the room but to do that you first have to you know you got to go through the initiation to see if trading is for you all this for nine dollars what do you have to lose I know we have some forks traders options swing traders and some people like oh you don't want to day trade you know what fine listen you make your own decision you ever hear fake news okay well you know what sometimes it's real sometimes it's fake you know who's going to believe it only yourself prove it to yourself take the nine dollars try it out and then go from there now in the meantime I just want to do a couple of shout outs couple of people just registered first I like to thank Nancy from Los Angeles got your registration first one here congratulations Mike from Wisconsin got your registration Bill welcome aboard Bill from Ontario Canada it's got your registration a couple of questions so why not pay you nine bucks for what the nine dollars fill is you're paying to get access to the trading room for a week and then what's going to happen is you're going to have that you're going to see pre-market trading aftermarket the nine dollars just proves to us who you are and you're a real person and obviously we're not wasting our time with somebody that you know just basically stealing our ideas if you don't mind no problem Jim listen another thing is this when you register I probably recommend you start on a Monday you don't have to start tomorrow a lot of us pretty much usually start right you know the following week and then you should buy a Tuesday Wednesday we'll probably talk on the phone I'll lose this please what kind of good brokers are out there well listen we actually showcase trade station in our trading room but we're brokerage firm neutral but you know what don't worry about a brokerage firm again why listen to you know what a pain in the butt is to open up a brokerage account why don't you just take you know what it's going to take you to put up nine dollars to open up a trial and do that and then you'll see why things are better than others okay so that's not worry about that all right couple of people just want to do a couple of shoutouts KCM from Calgary Alberta just got your registration by the way if you're from Canada I've been going to Canada for about almost 15 16 years now we have I must say about 20% of traders in the room are from Canada yeah and let me say you're going to make a lot of good friends and you're going to see I know I know the whole Canada market a lot of people like to trade in the market because you got more it's more liquidity than your Toronto Thomas K from North Carolina welcome of team it's got your registration Scott W Oxford just got your registration Jenny B from Alberta just got your registration welcome to the team we're almost done with that 20 I'm actually just reading it off my phone if you guys could see that it's a little bit faster than showing you that can't read you know I've been reading on my website Ricardo a we just got your registration from New Jersey welcome aboard any couple questions here to leave sometime you see the trade outside the bid and ask does it mean anything to leave you know what yes it does actually it's a big concern and you know what that's actually one of the things that we look for we focus on on you know when we're in the trading room so you're going to see a lot of that pinko you're going to have an app or an indicator in the trade station app store actually pinko yes I'm actually going to be putting we don't use indicators day traders don't use indicators but what I am going to do is I'm going to put my layout a day trading layout on the trade station platform on theirs but you could also get it on our website if you register for the $9 I send us an email and I'll even give it to you'll be a little bit easier instead of waiting for that okay what else we got just gonna go do a couple more shout outs here we're almost done with the 20 carrier from K from Honolulu Hawaii alright welcome wow big time zone difference Margaret M from West Hampton New York not too far from our office beautiful alright any other questions ladies and gentlemen any other questions guys remember the whole point about I mean everybody wants to trade everybody likes to trade I talked about in the beginning why people fail why people succeed and you know what just looking what's going on people logging out you know it's great I'm glad that some of you realize see trading is not for everybody you know and you know you see a lot of presentations out there you should listen to a little bit of everyone but let me tell you trading you gotta have not one but maybe several mentors and sometimes you took training with someone and you realize oh you know I thought I liked it but I lost listen to this guy and I wasn't really impressed and that's why I don't like it you know what keep listening to other people sometimes it takes some time before you find the right person that fits your personality but let me tell you trading is the greatest job in the world like I said how many of you guys are out there they're about to retire 70% of traders in our room are between the age of 55 and 90 then I want to give it to a mutual fund to do for them you know it's it's you know they want to be able to do it on their own and you know what it's just so much fun it really is and it's great it pays a great salary if I have 10 million shares per day is this common telly once again you got some great questions and I'll be honest with you did you register for the $9 yet because I didn't see your name come across the board yet you know sitting there and you know you got some you type faster than registering you want me answer that question give me a week give me a week after the first week if you want to move forward it's $149 a month and if you don't want it don't pay for it just send me an email and you won't charge you for it uh Clarice's falsely equals a winner mindset well Claire you know what you gotta have a you gotta have a winning mindset you know even when you lose you're not even upset about it like alright whatever it happened happened it's part of the game you're gonna lose in trading you know it's part of the game you learn from losing that's what it's all about what about the medical can it be stocks well listen there's a lot of we we trade a lot of uh if you talk about you know medical stocks we trade them all day long actually one of them was a great short today that was the one that got across 75% but it had a really nice bounce on it okay alright guys I got about another couple more minutes and let me just read off I think we're almost done with that by the way if you didn't if you if you if you're not the lucky 21 the lucky 20 uh don't worry about it because well you'll still be able to talk to an education advice uh still talk to one of my instructors let me see what I got here Francella from Florida Wilmington, Florida just got your registration I'm sorry I'm gonna mangle this one Aledaco from Siberia okay welcome that's great you know we got people from Australia that are in here uh Singapore Germany, London, Canada all over the US so Hawaii which some of you registered that's that's you know believe it or not Cybertree University pioneered the webinar technology 20 years ago I used to travel all over the place and uh I hate living in a suitcase it was fun within the first year but when you know I've been married for 20 20 years now I got three wonderful boys my wife gave me and uh got to a point where I just want to spend more time with them you know and you know what I mean a lot of you probably been there done that and uh that's I started the webinar technology you know and you know you could see I came out there my father always taught me his son you know my parents were immigrants they came from Italy had nothing or nothing they immigrated here they never asked for anything my dad works six days a week my mom works five days a week and they always told me my father said son you know I know I didn't spend as much time as I would like with you but when you get up my job is so you can make more money than me get a job that gives you the freedom the uh the freedom to spend more time of your family and obviously it's going to pay you a good salary and uh that's how I found trading so you could read that in my book right any platform with trade station broker is it okay trade station like I said is a great direct access firm we showcase in our trading room you're going to love it all right all right guys I'm going to be going uh let me just read off a couple of more people that are here that just registered I um that's the one person here we go let's welcome Jack Lynch from Morristown to Jersey just got your registration somebody came as a species species a bad email a bad credit card somebody see that's what I'm saying so people try to put fake credit cards in there we you know you got to know who you are Ron uh Ron asked from Manhattan Manhattan Kansas Manhattan in Kansas I didn't know that but there was only one Manhattan uh all right guys so listen if you didn't register that's okay I get it I get it it's fine maybe not ready yet maybe within time maybe down the road uh but listen like I told you I'm not going to lose spending nine bucks if you're not happy you get your money back but if you didn't register hopefully learned a lot maybe down the road you will but if you are a student at Cybertrain University uh and you are registering just remember guys we take this very seriously when you register there's going to be a qualifier that's going to ask you some questions because we want to know a little bit about you who you are and make sure for you because remember we're going to tell you and we're going to be straightforward with you before you start investing money listen we don't I'm not going to force anybody to be part of CTS family if we feel that you're not going to if it's not for you you know I'm going to be very honest with you I know everybody will love everyone to sell somebody something to buy training but listen we don't need the money all right I need to become a very good trader I'm looking for people that can contribute to the room and uh if you can you can if you can't we'll be honest with you think of this as your doctor I'm not going to force you to do surgery if you don't need it and unfortunately there are people out there that want to force you to do surgery so they can make money off you and that's not where we're about that's why you've been in business for 25 years and that's why we've been ranked the number one school uh as in being uh you know uh endorsed by more brokerage firms than any school in the industry so just remember that thank you um are we the same as OTA uh kinda they're they're a franchise we're not you know that makes I think that's a big difference um they're a very good school you know like I said but you need to it's nice to see up a little bit of everybody's and make a choice from there all right Andy thank you very much guys happy trading thanks everyone uh my partners making this successful thanks to staff TTO see you all uh in the trading room have a great day everybody