 Testing one two just let me know that you can hear me caffeine and see the slide. I just put it up here Everything good if Kevin is talk though. I haven't heard him But he hasn't that's fine Hello everyone and again welcome to the new folks that have just joined us We want to thank each and every one of you and welcome to the presentation that was the voice of Melissa I'm your host and presenter for today It's about time to begin We are again indebted to each and every one of you for your time and your participation here today I'm so fortunate that Melissa to share with us today, and we do want to thank each and every one of you You see the first slide up there. So with that, let me see if I can run up the percussion section drummers. Are you ready? drummers Okay And with that made it on that means it is time to begin Please put your hands together and welcome our host and presenter today from the stocks wish Thank you everyone and online trader central welcome and a company called the stocks wish LLC And today I'm going to give a lecture that is about trading It's about a specific strategy that I trade and the reason that I'm talking today is to talk to people who are Thinking about getting into trading or maybe you already are trading right now But the strategy or the method you're using to trade is not profitable and you have goals So we're going to talk today about goal setting and how you can take where you're at right now, whether it's in your trading or a career and Transition into something that is what you want to make and a career that you want to do So tonight's title is called make a thousand dollars a day so you can quit your job and work from home And if you're interested in more information after the webinar You can feel free to email me at Melissa at the stocks wish calm You can go to my website if you'd like any information and follow me also YouTube I have a tons and tons of videos on YouTube. So definitely go to YouTube and you want to follow me there When we're done tonight, I am going to talk about the market Hopefully we'll have a few minutes. If not Kathy will put everybody in my live trading room And we'll just talk about it there have a theme for this month I've been trying to do this for the last few months if you want to live the life You dream of you can the choice is yours. It is up to you to make it happen So what does that mean? Well, a lot of people have different dreams for their life When I was you know back before I started trading I had a job doing mortgages and any the money was a dream money but I really wasn't in love with my career and So if you could find a career that you love and make you know upwards of a thousand dollars a day Or basically what would equate to about 20 grand a month? You know, that's a nice lifestyle and if you're doing something that you love then it's a really nice quality of life So how can you make things happen? You need a plan of action It's not like everyone just gets up and rolls out of bed and all of a sudden makes money in the market You absolutely have to have a plan of action how you're going to change careers How you're going to change jobs and then also how you're going to make the thousand dollars a day You want to make and how you're going to make the transition Can everyone hear me? It looks like Andy doesn't have any sound. Let me know if everyone else can hear me So today's lecture is really going to be about people that have thought about day trading Maybe you've thought about it, but you've never done it and It's also going to be about changing your career and how do you start and if you're trading now We're going to talk about the strategy I trade which is a reliable strategy that sets up daily in the market And we're going to talk about how you can break it down and make a thousand dollars a day if that's your goal a Lot of people feel at this point, you know, we're getting into the halfway mark of the calendar year 2015 summers started Beautiful day here in New York City. It's over 80 degrees and a lot of people Look at where they're at right now in the year and feel like they're behind It is not too late to actually get where you want to go yet this calendar year financially because if you learn how to trade and You start making money on top of your regular job You could have more money coming in each month and then you train yourself to learn how to trade and you wait to quit Your job until you actually are making enough money to support yourself But all along the while you could be making more than you're making now by trading and having your regular job So it is not too late Even if you feel behind the April for this calendar year, meaning if you're not on target for your financial goals for the year It's you still have plenty of time. Okay. It's really never too late to also think about changing careers I have taught people how to train in the last few years of teaching And I trade myself every day too by the way, which I'll talk about at the end But I I have taught people of all ages So it is never too late know that you can switch careers and change what you're doing even later in life if you Refuse to do that because you feel like you don't have the energy or the drive or the passion or it's just too late You just can't do it then that is exactly what you will create So you have to get to the point where you believe that it is not too late and you believe that you can do it Okay, this negative Nellie type of attitude does not serve you well as a trader And it doesn't serve you in your career or anything in life actually So it is summer and the time is now the time is now for you to make some important changes in your life And it is really never too late if you think it sounds too good to be true that you can make a thousand dollars a day trading and stop and think again because people are Doing it not just me but people that I've taught because it can be done billions of dollars run through the market daily Earning a thousand dollars a day as a day trader means you would only be taking a small piece of what the market offers on a daily basis Day trading is very profitable way to trade and after you book the trade the money is yours It is a highly lucrative and expeditious manner to trade and profit So how can you do it? Well, this is what we're going to talk about one strategy I use one strategy That's all that I do and that's all that you need in reference to trading the market investments or Day trading your swing trading your core trading You don't need to be doing a million different trades and and specifically for day trading, which is what I do Less is more meaning the less trades you do the more that you can make you're honing in on the idea of quality But it takes more than hard work to get to this type of level of success as a day trader to be able to earn a thousand dollars a day Like I said, you need a plan of action It takes ingenuity and a detailed plan of action to trade the number one key ingredient to becoming successful as a trader is Having a specific strategy that can offer you reliable and consistent profits on a regular basis This type of trading success and financial success in the market is by pure design Okay, like I have a plan of action of something I'm looking for in the market every day And I also have a niche which I'm going to talk about in a minute, too If you want to trade like everyone else out there then your results will really be like everyone else And to be honest with you a lot of people don't know how to trade the market But if you want to have outstanding results and you're trading then you need to be different and and I am different I mean, I'm very different as a person to begin with so it's no surprise that my trading methodology is different as well It mirrors me because I created it. You need to learn from a trader who is talented and has an edge like me And I'm going to talk about this today I have a very unique method and strategy that I trade which I alone created and I have an edge Do you need an edge in the market to make money consistently this type of money where you're making over two hundred thousand dollars a Year in the market. Yes, you really do Okay, it's the consistency that gets you to that level Now does that mean that you couldn't make a thousand dollars a day in a whim or even maybe have one great month? Like on a whim or something sure you could but how do you keep repeating it? And that's what you need to do if you're going to quit your job You can't have one great month trading and then all of a sudden quit your job You have to know that you can consistently It's sustained the level of income that you will need in order to support yourself if you do quit your job So the goal is to find something that works that you can get good at that you can Prove to yourself that you can consistently replicate. All right So one One thing I want to talk about and again, we're going to go into more detail about this at the end today Is the market my edge is one reason I read the market so well now This is a chart from yesterday the market ran red yesterday broke Friday's low Gapped down today fell right hard of the morning but recovered and we will talk about this at the end tonight But the bottom line is the market's higher And I'm one of the very few people out there that are saying that a lot of people are seeing this market as Lower because it can't break over the high and it's struggling for what people think again It's not what I think but I'm telling you that I have called the market continually to move higher over each area and it's continuing to do it my Method that I train has enabled me to be able to call the market in the matter that I have Okay, so this is something that gives me an edge Now why is an edge important? Okay, an edge is important because you there's so many people that are in the market There's just the pool of money is massive in there And you need an edge to go in and grab that big amount the thousand dollars or more that you want every day Quickly as a day trader so like this isn't about getting in a trade at 9 30 And then trading till 4 o'clock to make a thousand dollars a day in stuff very quickly and out very quickly Usually in the morning. Okay, so the the ability to be able to have common days And I mean two three four thousand dollar days or more is Something that can happen where you don't even have to sit at the computer till 4 o'clock And that's amazing and that's one of the reasons that I love day trading But the number of successful people in the market is very small in comparison to the number of people in the market Okay, what is the reason for this the reason for this is that again people don't have a focus they lack of focus and Another thing that people don't have going for them is the value of money and their thoughts surrounding money Now I've been doing this business Teaching I've been trading for seven years, but I started this business at the end of 2012 and Along that time there have been different people that have followed me That have not done my course, but that have followed me and emailed me and inquired about things And it's interesting like these are people that I never talked to or never met face to face and They've not done my class. Okay. I want to point that out, but it's interesting the communication How I see people just even because I'm really good at reading people and I can tell where people are at in their heads The communication sometimes it comes through with people when they're struggling with their trading and Again, these people just aren't at a place where they're ready to learn something new for me But continue to email me and I can see the struggle that people go through Surrounding money and and their thoughts surrounding money If you are a negative place with money and your thoughts about money Then it's going to be challenging for you to do very well not just in trading, but anything Okay, and what happens is that people don't have a good strategy that will make money number one But then people also have to have the mindset. I have an amazing mindset About the value of money and my thoughts surrounding it. I do teach a class. It's called the wealth manifestation course Which I'm offering for free for anyone that does a gap class this week But it is one of those classes that doesn't talk about trading at all but it is so invaluable for you to be successful in the market and I've done a lot of work on myself for the process of the Years that I was losing in the market until I figure the stuff out that I know now And it was it taught me a lot and it was it was a tough time in my life But it really made me stronger So all of the things that I teach Encompass all the things that you need in order to trade successfully not just the strategy looking at the chart But also how your mind needs to think about money. I Say align yourself with like-minded people. This is me. This is a picture of me If you want to be successful Then you need to align yourself with successful people if you want to be a successful trader who does well Then you need to align yourself with successful traders that do well not just people that teach it But people that do it okay, and I trade live in the market every day if I get a good gap Some days I don't get a good gap, and I don't trade if you don't know anyone that's successful You just met one me here. You're here tonight I'm very successful in my personal life and my professional life and as a trader So you can align yourself with me just following me. All right If you don't have someone to align yourself with you're gonna go through your individual processes and challenges and You can you can get help from life coaches. You can read books. You can do all kinds of things. They're out there But it's really really important. I think when you're learning how to trade to have a mentor Okay, someone you can bounce something off of someone that you can talk to Someone that you that can help you constantly every day which in my trading room and trying to reinforce with people What their mindset needs to be okay? Because sometimes the trade doesn't work and at the end of the webinar here I want to go over the examples will go over one that didn't work last week and you have to Not be negative just because one trade doesn't work. Okay, you understand So it's about having the right mindset because every day you got to get up and every day You're taking a new tree and you have to believe that every trade that you take works And if you're living in the past of losses that you had in previous trades in previous days and previous months and previous years Then you're not going to be able to move forward and make the money that you want in the next trade or tomorrow Or next week or whatever the case may be Okay, one thing I did really well during the period of the time that I was teaching myself how to trade the market was that I never Allowed the prior day to affect my next day In fact, I was so so into trading that I just didn't even want to not trade any given day Like if I got over the fact if I had a losing day from the previous day because I knew that the next day Was a chance for me to make money in the market and some days when I would have a lost day I would get up even more with even more gusto to trade the next day and then have a massive day I was like famous for doing that Which is a very very gutsy thing to do because what most people do if they have a lost day is get up the next day And then either turn it into something worse Okay, or they're too scared to trade at all or they take less risk and then usually guess what? That's the day that the one works and goes to the dream target and it's fabulous. Okay, so you have to have your head on right It's really about a line yourself with people you want to emulate and who have Created their goals for themselves and manifest with their dreams and everyone is different dreams I think you need to be in touch with those are now. I'm helping you to get in touch here with Making a career change if this is what you want to do the transition and knowing how much money you want to make as well If you do want to make 20 grand a month or a thousand dollars a day But you also need to know why you're doing it. Are you doing it because you do hate your job? Are you doing it because you want more time to yourself more time for your family? Why are you wanting to make this kind of money in the market? You need to know The one thing that's very important as well as noting that success is contagious when you start to hang out with people That are successful and listen to them talk every day Like people hear me talk in the room about conviction and teaching about the trains It really is contagious and it rubs off on you and even if you don't understand every single thing that I'm saying It will somewhere inside of you somewhere inside of you in your mind It's it's it's taking hold Okay, and then this is why people tend to follow me and follow me But if you're ready to make a transition in your life, there's no reason for you to wait It's just a matter of time, you know, if you're not happy the only thing that you have to lose is The is time okay, because you could spend another year basically being unhappy in your career not making the money that you want and and I May or may not still be here teaching But let's just say that I am you can come and learn from me and learn to trade from me any year from now but you will have wasted that year of your life and This is just about anything that you want to do when you put off goals. All right It's about deciding if you're ready or not to really do it So how can you make a thousand dollars a day day trading focus on one strategy? And this is a strategy I trade and teach it is called golden gaps I picked the best gap possible each day to trade now There were three that I like this morning actually it is earnings. These are right now So there's a lot of gaps, but I usually try to focus on one or two a day I created a 26-point rating system that I use to find the best gap each day If you want to make a thousand dollars though a day day trading you need to risk approximately four to five hundred in Each trade okay So if you do one trade a day or two trades a day It's up to you. You have to determine how many trades you want to do like I said I usually do one maybe two You take an entry in the best qualified golden gap in the one-minute chart and then you don't trade when there are no Good gaps. I did not trade it all on Monday. There wasn't anything to do. That was yesterday Now as far as the risk though you This doesn't even mean that you would stay on this risk If you're doing well and you're trading for a while like me you can risk more than four to five hundred dollars in A trade okay, but today I'm just going to focus on this because I want to talk about the amount of risk that you make Need to take to make this kind of money in the market Now what is a gap? Let's go over this For those of you that have never heard of what a gap is before all a gap is is when a stock closes a night before At a certain price and this was Netflix back in April it closed here around 470 something and the next day in the morning it opened and gapped up to 530 something So this was a bullish gap in Netflix that happened overnight Okay, all the gap is it means that the stock closes at one price on one day and opens at the next price on the next day Something could gap up or something could gap down Now I turned This coin this phrase for myself and named my strategy a golden gas because a golden gap is a gap that moves in the direction of the gap It is called a golden gap because institutional traders and investors are making and creating the gap the golden gap rates 20 points or more Per the 26 point rating system. So you don't need a perfect score to do it But I'm looking for 20 points or more In the case of a bullish golden gap institutions are buying the stock therefore the stock lose higher in the trading day In the case of a bearish golden gap institutions are selling and are shorting the stock Therefore the stock lose lower on the trading day. Simple. Okay. Now. I'm noting here that I prefer bearish gaps I'd like to short. I love to short The reason is the gaps that got down have two things happening them to create the gap Therefore they have double potential for the move which is people selling and shorting as well So I really really like shorts and looks like Kent likes shorts too Okay And the interesting thing is and we'll talk about this again when we talk about the market that I'm calling the market higher And I love to short like there's a million traders that are bullish that think the markets bearish Are going to turn and they're shorting this market and they're not They're they're normally bullish people and I normally bearish and saying that the market is not bearish It's bullish. So listen to what I'm saying and we'll talk about that more when we talk about the lecture of the market when we're done So gaps are created with large institutional money. That is what makes the gap The professional gaps that happen and play out in stocks are formed by one thing and one thing only large institutional money Therefore, you need a way that will help you pick the correct direction to play the gap or the stock Okay, I trade a different stock every day. I'm saying gap, but it's it's the gap. It's happening in the stock And my rating system is confirming that the large money will continue into the day whether it's for buying or selling I have a formula to rate and qualify the gap and this formula if it rates 20 or more Gives you the confirmation and the conviction that the large institutional money is on your side and then you play it Gaps are an event and create a sense of urgency In the stock thus an action is being forced by participants of the stock and this is why gap training is incredibly powerful Trading gaps the powerful and profitable way to trade because you're trading on the side of power money And that's how you really make money in the market Institutional money is hedge funds and banks that are in the market taking positions in and out And they usually do it in the morning and that's why I like to trade that morning period Does that mean that sometimes things don't continue after the morning? Yes, they do But I found that 80 the moves the stocks make happen in the morning And therefore it doesn't make any sense at all to sit at your desk all day to make an extra 15 20 25 cents into 4 o'clock Okay Now here's what I mean by institutional money I did call netflix to gap up on the gap that happened in january. We're going back This is the daily chart of netflix back here. I called the stock to gap up It did it gapped up on the day of the gap You couldn't have bought this there was a day trade to make any money But it still was a bullish gap that happened in the stock that moved the stock higher. This is january 27th netflix I did a swing trade on this. I do have a swing trade letter for monthly or annual subscription And on the date of the call the entry here was for 15 for netflix The risk was 35 dollars. This is an overnight trade now. This isn't a day trade But i'm using it as a good example to show you the power of institutional money If you took only 100 shares of netflix and risk you would have had to risk 3500 dollars, okay You you were never down in that trade You were never down in it if you did the swing trade call I called and it went to every single target, okay So You would have been up immediately as soon as you took it These are all the targets I gave for the initial targets. It's hit every one And it hit them all quickly. Okay, so if you went along the swing trade here It hit even 465 within two weeks and you see you got it in here. You were never down All right, so as of march 1st it almost hit up to 500 which was another number. I had given a lot of numbers but If you took the trade just 100 shares, that's it, okay And stayed in it look at how much money you would have made with this trade now This is if you had taken it and took it out You would have been up 7100 dollars up at 465 in the first month of taking the swing trade And when it reached 500 you would have been up 8500 I said in this the slide here march 1st that you would have been up 8500 it has gone past 500 You would have made 8500 you could have gotten out at 500 It hit on through it. Okay Not only did it hit on through it It did it in a gap the gap that I just showed you here that happened back in april One of the other targets I gave for netflix was 600 and it got within six dollars of that yesterday on may 11 So if you had bought the swing trade and again, I how do I know all of this to even Talk about any of this or do anything with this is because of gaps That's the strategy to trade the market But I'm showing you here the power of the institutional money and I'm showing you also that you can use a strategy not just a day trade But to for longer term moves for swing trades and core trades This is this is a core long here netflix by the way you could be in it for a long time Anyways, it almost hit 600 dollars the next target yesterday. You could have completely gotten out of it If you did the swing trade call in january and got out of netflix near the high of 600 It was 594 risking 3500 dollars with 100 shares only of netflix You would have made almost 18 000 since the call that I made in january january to february february to march march to april It's three and a half months This is not a day trade. This is a swing trade. You would have had to risk 3500 dollars to do it You could have taken an odd lot size like 50 shares and risk 1750 The reason the risk is larger in this though is because the stop in your the paper stop has to be a certain level With these overnight very different from day trading, but the point is the strategy is still the gap okay So this strategy that I do for day trading because that's what I do But I can see everything in the bigger picture as well And you can use it for swing trades and you can also use it for options Because you can use it for the bigger picture of the longer term moves For short term options or long term options How am I able to predict something like netflix would do this netflix didn't have that number on the chart at 500 or 600 Or none of these numbers when I made the call they didn't exist It had never seen these numbers It's because i'm really good at reading power money in charts in reference to price action And this is what I teach in my class And this is why if you learn how to read price action It is not impossible It is 100 plausible and very realistic to be able to make a thousand dollars a day trading Because a thousand dollars a day to pull money out of the market is is not that much It's really not if you look at it because there's billions of dollars that run through the market every day And what moves them at these institutions Okay Now before I go to the next slide here is anyone have any questions about netflix This is this was a great call one of many that I have made and by the way this stock is not done Okay, but you you know if you would have done this and you could have made 18 000 dollars in three months And this you wouldn't even had to been day trading with me in the room to do this Okay All right. I'm looking here if I see questions. I'll I'll answer them The reason i'm able to see things like netflix and the stocks that I train What the institutions are going to do before they do it Is through my rating system the golden gap 26 points It really doesn't have any meaning if if you are taking it after it's made the move now Could you still buy netflix here? Is it still higher? Yeah, but it would be a terrible place to do it Okay, unless it does something else that I see in the meantime for another entry But the reality is that as a person that exists who wants to trade for day trading swing trading anything You have a fixed amount that you need to be risking whatever it happens to be depending on the size of your account And so you really to maximize your results have to know what something's going to do before it does it getting it late Or after 50 percent or 75 percent of the move is done Is a waste and I know some people trade like that and now I basically call them scalpers because we're looking to get In stuff for pennies. I just I would never trade like that I would never be able to risk the money that I would need to risk to make the money I'm making now to do trades like that and on top of that I'd have to take too many And my commissions then would be crazy And my commissions are low because I don't take that many trades So how am I able to figure all this out? I use a rating system And it measures the gap by rating them on the daily chart to find stocks to trade that have number one A high probability of directional bias for the entire day Number two a big move on the day number three early confirmation of the bias in the move between 9 30 and 10 And precise entries with follow-through and a good risk to reward target potential So the reason I made the system was for this like I made it for myself I wanted to find stocks that I knew would work as long as for shorts and again I prefer to short it would have a big move in the day It would set up quickly before 10 o'clock and I'd have a precise entry that I could take in a one-minute chart We're going to go over examples here today. I trade in a one-minute chart Okay, and I see things very clearly in that one-minute chart One of the gaps from last week was this one here sfm Let me just look here at a question somebody had Isn't there a tendency for all gaps to be filled i.e drop back to where the gap began putting you in the red The answer to that is no That is false When we're done here, I can go over a longer explanation of that when i'm done here at the end I just don't want to run out of time with the lecture for now All I will say is that it's false and if you believe in trade based that gaps will fill themselves You're not making money in the market That's false and I know other places teach that it's wrong Okay, I'm like an expert in this there isn't anybody else out there reading gaps like me and not only that There isn't anyone else that can read them as well as I can even people that read gaps and trade gaps I put myself up against anyone I go on national television tomorrow I know what i'm doing people and i've been doing this for seven years Now let's talk about sfm Gapped down This is I I wanted to show this whole chart here, but this was a short. It's the big red bar here. Not this one from yesterday This was from friday. This is was a bearish gap. You would have been looking to short it Okay, so you could have shorted this here. This is a one minute chart This is a daily. All right. This is where you're rating the gap To see if it's a long or a short Okay, it was a short then you can short it here Put the stop in a hard stop because if it fails, I want to be out This worked though And it worked and fell off a planet beautiful tree And you're in and in here for basically an hour And that's not that long of a time to be in a trade price of the entries 28 55 risk is 10 cents on 5 000 shares Again, i'm using a risk for you to be able to make around a thousand a day So that's why this risk is 500 you can risk more than that though And certainly in something like this you would have gotten filled more size. This was a very Nice stock with a lot of volume Exit was 27 20 into the first drop Profit in this trade if you risk $500 was 67 50 the risk to reward is 13.5. You're in it for an hour So here boom, okay This could have been your goal for the whole week more than that So you could have made seven days worth of your goal in this now you did have to risk $500 But you could have afforded to if you wanted to do this And there it is that you could have just done this one trade last week and had your weekend Beautiful train. You're in it Boom, you have to know where to take it. You have to know where to put the stop. You have to know this is a short mark I'm not sure why your whole thing is highlighted there Why is mark's name highlighted like he's a moderator caffeine? Um, no, I did not do anything with pll today I had three nice shorts. So I wasn't looking to go long anything I didn't even touch it or look at it. I might have looked at it if I looked at it I didn't like it I've looked at it. I didn't like it because I didn't pay attention to it. I didn't even read it What are the room fees and do I do a 30 day trial? No, I do not do a 30 day trial I do a one week trial at the trading room One week is enough time with me in the room to determine if you like what I do or not If you are interested in taking the class you can sign up for the course And then when you sign up for the course you are as a look to join the live room The live room is not something that you can join unless you take the class Why because trading is risky and you need to learn how to trade first before you take any risk I don't want people being in the room and not knowing my method or the entries or where to put the stops or any of that I'm trading at a one minute chart. This all this all looks beautiful and fabulous here But if you're watching this with me live and I'm calling where to take this and putting the stop you got to know what you're doing Okay, this looks very peaceful, but in live trading action. It's moving fast This is a one minute chart one bar here is 60 seconds And everyone needs to know how to trade if they want to make money in the market That means you have to be willing to commit to a class to learn how to do it And I feel that if you are committed you have the chance of being successful if you are not committed You you don't have a chance of being successful because you don't know what you're doing All right This is like I'm not pressing the button in your live account You are and you got to know where to put the stop and do all of that because it happens fast Okay, and if you trial in the room, you'll see that if you trial the room in one in one week Trial of the room you can email me. I'll send it to you But these trades happen quickly In fact, not only do they happen quickly where they set up some amounts so fast The one next one we're going to talk about always out really quickly And if you don't know how to figure out where the target is and you wouldn't even you would you would miss the exit Talk about that one. That one was the other one here from friday, nevinia This is the fabulous fabulous one that Went quick which in an ideal world everyone to me would be a fast trade There were two trades in this though, and we're going to go over both. What was it? It was a gap. It was a gap down stock codes a night before up here 22 50 gap down here to $21 Gap down you get up in the morning before 9 30 and you rate that gap That's what you'd learn to do for me in the class And you'd know then if this was a long or a short or maybe it isn't anything at all And it's what I call a nothing gap where you can't play it Sometimes there are gaps in fact many many many many many gaps you can't do anything with and that's why you need a strict criteria If it was that easy to say every gap fills themselves. I forget who said that Uh leo If it was that easy leo, that's all we do. We just roll out of bed We just buy every gap down and we just short every gap up to fill Do you see why that doesn't even make any sense? First of all, it's wrong Conceptually in reference to reading price and charts. I don't have time to explain why but I will tell you that think about it If that was true, that's everyone would just do it And it would work But it doesn't Think about that. Okay Just think about it So common sense actually a lot of what I do in reference to conceptually Playing the big money Getting into the open getting out fast not being in long You know having to stops protect yourself. Don't over trade. I mean A lot of the things that I do this is why I'm like a trader. This is why I'm a good teacher I mean they just it's common sense common sense. This is common sense. Okay It's common sense if you want to make money this way Just think about it And it's common sense that the idea that gap fills is something that works is not common sense because they don't we just all do them And they don't work like that. So think about the common sense Exactly It just doesn't make sense. It's not about continuation. It's about qualifying them I don't trade every gap down short. I don't buy every gap up I rate them the rating system tells me If it's a longer short, that's how I know or if it's nothing like I said What capital is needed for a beginner? Dave, you would have to open up a trading account. You'd have to have the money to do that You would determine how much you're going to deposit into the trading Account with a broker. I'm not a broker. I'd have to refer you to a broker Which I can do email me. I'll refer you to some brokers to check with them And then you would need to sign up for the class The trade the class is only two days. You learn everything in two days how to make money in the market It's an intense class. It's an advanced class It is saturday and sunday this weekend from nine to five and I'll talk about that at the end But you learn it in two days You could go start trading on monday after my class if you never traded before in your life And do it. I don't hold anything back in the course This is why it's intense All right, let's look at navidia Navidia oh as far as Duration you can retake the class for free once you've took it So like let's just say you take it and you want to redo it again And you've already signed up and paid for it. You can redo it again for free as many times as you want But so as long as you want to as long as I teach it navidia was a short I shorted navidia here. This was a nice call Stop is over this area here. This was the quickie. Do you see this in here? Look at this boom This is my dream world in here if every day I could have a trade that happened as quickly It's my dream dream world. So did the trade with navidia quick out beautiful It did have another setup will go over in a minute price of the entry is a short is 21 50 risk is 20 cents on 3 000 shares You risk $600 Exits 20 91. I got I literally got out of this at 91 literally the low is 89, but it broke anyways Profit if you risk 600 was 1770. This is a three risk unit trade Actually, this is less than one hour here You took it in here at 9 35 you written in 10 minutes in less than one hour The cost of my class is 34 99 bit That's the cost of the gap course. That's two days And and keep asking questions. I'll look and keep answering in between as I'm talking So again, I'm using a risk here to be reasonable for people to try to understand how they can get to the thousand Now what if you didn't want to risk 600? What if you only wanted to risk 300? Less than less than 600 you still almost made a thousand dollars in that trade now. This is 885 It's the exact same trade. You just only took 1500 shares of it But you still almost made a thousand in this I mean you had to get out when it bounced But this is a good day. This is a decent day. All right Because some days you will make 885 And some days you will make 1500 you see what I mean? It's not like the thousand dollars is exactly 1000 every day This is a range. Some days you're gonna make several thousand some days you may make 750. Okay But I wanted to show you here This was a nice trade that this is only the first trade in the stock It went lower in the day I didn't even hold this to the target and you could have made three risk units And you could have made over a thousand dollars in this or just shy of it Only risking 300 dollars in this trade and you're not even you were in it for 10 minutes And it continued it went lower. You could have held it longer, but I'm talking about this quick morning move in here This is all that you need to make money in the market This is the point I'm trying to make if you really really want to make a thousand dollars a day consistently You find the gap you rate the gap you find the good one you watch it you look for the entry you take it You're out. Boom. That's it done done done done And you could have done a second trade in this and I'm going to go over it But my point I'm trying to make is you didn't need to you did not need to okay And you could have gone on with your day and it's not even 10 o'clock So this is how you get your Conviction for the market going in the right direction with the mental attitude that the market can pay you You're looking for one specific thing And then you like attack it when it sets up and then you know where you're getting out and you take it You just go and you grab the money and you take it All right, instead of waning and waning and sweating a bullet and Trying to get the thing to go and forcing the trades and doubling down and flipping it and going longer There were people here. This is a good one. Leo. There were people that were traders that went long the video on friday and I shorted it And I knew traders were going long this but it was a short so again It's the idea that you don't want to be playing with what other traders are doing. I see what other traders are doing I know how they're looking at it. I mean, I know how people are looking at this. They are looking at this It's going to fill the gap. There's exactly how people were looking at this, but not me Okay So you have to know who the people against you are because every time I make money in a trade I'm taking money from someone else and I'm often taking it from people when I'm doing my gaps that are thinking the gaps are Going to fill So, you know, the thing is that you don't want to be with other traders You want to be Out there with an edge doing something different Shining like a golden star Instead of looking like the masses of traders because those people are not rich. They're not rich Okay, now, I don't know if you want to be rich or not Okay, but I can tell you one thing If you can get to the point where you're consistently making $200,000 a year as a day trader You're on your way to making a million. I don't know how long I'll take you to get there, but you are Okay So the fact is that there's very few people that can make even $200,000 a year in the market And if you can the next year, probably make a half a million And if you can make a half a million the next year, probably making a million and so on and so forth So you've got to think like someone different and not like other traders And I'm reading the stuff as if I was running a hedge fund and I could do that and I'm a trader I'm just one girl But I know how to read this stuff Look at the way I call that netflix and the way I'm calling the market is playing out well, too Now you have to get to the understanding Conceptually that the way to make money is power money power moves whether it's selling or buying You don't want to be like other traders Listen to what other people have going on I don't even care. It doesn't influence me at all. I don't listen to it. I ignore everything People invite me to come and listen to their stuff and blah, blah, blah I don't Do it. I do my own thing and I don't even want to learn anyone else's thing. Why I don't need to I'm making money with my own thing and I don't need anything else And I just showed you how you can do this one strategy and method and use the 26 point radiant system to do overnight Options swing trading core trading and day trading. Why would you need anything else? There's no reason for you to learn to do anything else and you can make your career You can do it on the side. You can do it for extra money It's you know, it's just one of these things and why does it work so well for all those ways and all those time frames Because of the power behind it Okay, the power power power Now if you didn't have any a second trade in it, it went to the dream target for the live day Here's a 15 minute chart just shows you here how it pushed back and then dropped again You could have done a late trade in this into lunch Here's that second entry second play if you had shorted. This is a five minute chart now You're on a higher time frame rather than the one because it's late It's a little bit after 11 o'clock here, but this is a beautiful entry. You could have shortened the video right here Right down in here. This is still only an hour. You're in this trade But now you are trading until 12 o'clock eastern time, but you could have done it And it's set up beautifully Price of this entry is 21 20 the risk and this is very good on this again 500 dollars 5000 shares Target 2050 It broke it a little bit and bounced back. You could have made 35 hundred dollars. This is a seven hour trade This is a second trade in Davidia. And again, you are in this for one hour. So if you did The first trade the second trade you were really made out in this on Friday Now this is less risk if you only risk 250 dollars around 250 300 You still could have made 1750 on the second trade. Again, the entry is the exact same You're shorting the stock at 21 20. You're putting the stop 10 cents above it. It's a hard stop with a limit order Okay Actually, no, I didn't change this in here. This is actually should be 2500 shares. This is wrong 250 risk of 2500 shares But the profit here is correct 1750 Now what if you had made 885 dollars in the first trade of navidia risking 300 You saw the second setup in here. I'm just showing you how you can do this You decide to risk 250 if it fails you will still be up on the day though Because you were up booked a green 885 So you could risk the 250 worst-case scenario if fails you're done and you're still up for the day okay But it did go on to work and you could have made another 1750 actually more money in the second trade than the first So if you had the risk of playing one of 600 dollars the profit was 1770 Playing to your risk 500 profit 3500 total risk though was only the original risk of 600 You could have made $5,270 Now why was this still the only risk because you had made 1770 from the first trade it's booked its green That's in your pnl. It's solid as a rock So you didn't where you weren't risking any possibility of a loss with the second trade of 500 now if this had failed You would have been up on the day still over a thousand dollars But as it turns out it went on to work All you risked in the live day was 600 and your total profit was over five grand again one play like this can make your whole week One gap, I mean And sometimes you can make it a one play like the sfm and sometimes you can make it in two plays Now you could have just taken the first play and held it all the way down to here But this was enough of a move into a first target to exit that Okay, and then you could have waited for the second setup If you had risk 300 the lower amount the less risk Made 85 on the first trade risk 250 with the second one. Okay profit 1750 on the second one You would have made 2635 Leo is asking a question in order to take any of these trades with size 500 600 any of these things you have to have the buying power to do it This is something you have to discuss with the broker. I'm not going to talk about buying power today That is something that you absolutely need to know and I teach that in the class Okay, you have to have the buying power in your account to be able to take 5000 shares in nvidia Yes, the answer is yes Okay So Either way, all right, if you took the less risk of nvidia Again, it was 2500 shares on play two risk 250 your profit was 1750 Okay What if one doesn't work and I wanted to talk about this because there was one I liked last week that didn't work Again, this didn't fill the gap It hasn't didn't fill the gap the day of the gap still doesn't fill the gap But it actually did rally and was not a short on the day of the gap last week. This was whole foods I did like this gap. It did not work as a short if you took a short in this on the live day last week You were down you lost money But that's part of trading you have to accept the fact that once in a while a trade will not work if I thought that It was one of these things where uh, like if I I was talking with this the other day Like if I did run a hedge fund, okay sometimes I get gaps That don't work right on the live day as a short like for example WFM, but if I had you know a massive massive amount of money and did run a hedge fund I I I if I had shorted this I wouldn't be out of it Okay, this was a good bearish gap and it didn't work out right on the day So you take the trade you take the stop you take the one loss And if you get out the next morning and you did in a video You you were positive positive from the one loss from the WFM and positive in your count back around So part of trading is understanding that every once in a while something won't work But you shouldn't have that many that don't work on any given month You you cannot be Profitable if you have too many losses and this is just common sense again as well And so that's why you you stop so that your amount that your risk is contained And you look for quality so that more trades that you take work than fail And that's what I do. I mean, that's what I do. That's what I do every day All right, and I also don't over trade and trade too many things, but do you see here how one One trade that doesn't work. This was the day before the NVIDIA You take the loss and then you make money the next day and you're still up and on track for the week Well, your trading account should look like this like it's going higher Your trading account should not look like it's going down. It should look like it's gaining momentum Your trading account your bank account everything that you do If you're a goal oriented person like me, this is what your everything looks like You have to be on a track for success and align yourself with like-minded people Now let's get back to talking about how to make a thousand dollars a day if you want to risk $300 And this isn't this isn't anything to sneeze at and this is a good amount of a risk If you have trades that make three Rs, which is always the goal whenever I take a trade and look to make three Rs $900 on the low end You could make six if they go on to further targets or hold them or do a second trade like the NVIDIA You can make 1800 and every once in a while you get a trade that will run 8, 9, 10 Rs And this is a big big day But this is an average, okay An average here if you're looking for $300 risk unit your goal every day is almost a thousand If you really want to make sure that your goal every day though is a thousand or more You got to be risking between four and five hundred. So you see here three Rs is 1200 if you're risking 400 Six Rs is 2400 And actually if you even have only two days in a month's time where you're making $2,400 risking 400 That's huge. Okay And then you all you do is you have your regular days in between Okay, because this really is twice more than twice two and a half your goal each day And you've been making 2500 and your goal is a thousand Those are two and a half times your goal of these days. So it really can help your overall month Now if you risk 500 again, you're looking to make 1500 and each trade Some trades may only go to risk units and then you only make a thousand Some may go one and for some reason it stops or it fails or just where the stop was You it went to the target right a ways and then you have to get out at 500 But then the next day again, you may make 1500 and then you're still on target for the thousand dollar a day goal So the calling out system, which is the system that I teach in my class gives you a high percentage success rate That's ultimately how you're going to make money Consistently because you just won't consistently make money if you're doing something that works some of the time and fails some of the time and You know and also it's terrible for your mental attitude You know when people get up in the morning and they're positive and they're happy and they're getting green It does everything for your mental attitude and that's what allows you to take the risk If you are losing losing losing it can really chip away at your self-confidence Trading is really about winning and so is life. So the attitude should be the same Think of it like this if you're in a slump with your trading Or or if you're in a slump with your career and you're doing a career that you hate And you're just in a slump in life in general It has to mirror each other, okay Trading is about winning and life is about winning and you can look at winning in life and reference to a lot of things Not just how much money you're making but how successful you are in your interactions with people with your professional and personal relationships That means the quality of your life is good You don't have a good quality of life if you're working like a crazy person and have no personal life There's not a good quality of life there. I don't care what you do And I had a career like that for 17 years and I and that it was enough enough I said and and now I have an outstanding quality of life I I have everyone that knows me envies my quality of life right now The amount of free time that I have the amount of time that I were compared to the free time that I have The my success financially right now It took me, you know time to get to this point But I'm telling you you can do that too, but you have to start from somewhere and the nice thing is I started out in no man's land of my own All right, and lost for three years till I figured out my system. You don't have to do that You can just come to me and take my class and learn it and do it You don't have to go through the learning curve that I had to go through To figure out the points or how to trade on this stuff or how to look at it or how to read it Or do anything with it. Okay, you can come to me and have a mentor like me to do it I didn't have that I didn't have that at all And and it just was what it was But I'm a very tough person and I made it through if you have someone like me on your side You know, you have no excuses none. All right Not to make it The class is called the golden gap course it 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 The course teaches you price analysis and technical analysis on an advanced level Which you'll learn from me and even if you think you're great at technical analysis I'm telling you you don't look at it the same way that I do and you will learn something from me Even if in trading for 20 years The course teaches a more proficient way to read support and resistance in the right direction Which is a huge error that many people make The course teaches you to focus on one strategy in a detailed manner so you can become a good trader And change careers if that's something that you really want to do And if you don't want to change careers then you can still do it for extra money So whether you make $1,000 a day and quit your job or make $1,000 a day just to have this extra money Both are great But if you're successful enough to be able to consistently make $1,000 a day on average Then if you want to quit your job, you could and work less hours and eventually get to the point where you're risking more and making more And have more time and less stress So again, it's a rating system that I teach in the class And this is what gives me the edge to make this kind of money consistently You don't want to be like every other trader. Don't do gap fills that don't work Don't don't think of yourself like someone in the masses. Think of yourself as someone different Because most people are actually very unhappy in their careers or in their life and not successful So you want to be like this guy here. You can do it. You can do it. Okay Making money involves a plan of action. You've got to use a specific strategy to trade So learn a method to trade that makes it possible to make money in the market learn from me Melissa Armo My company again, it's called the stocks wash and you can learn that anything and everything you desire is possible It's not just in your training. This is this is for life Okay, because my life is so different now If I had never stuck with my training if I had never taken the time if I'd never figured it out My life would be completely different You have to be able to take a chance And and for people to come to learn from me the chance that they're taking is that they're going to take my class Okay, I'm empowering you to trade the market and the chance you're taking is that you're going to come to me Not know the class information and pay me the money for the course for my time and my information without knowing it And that's the chance you're taking. Okay, but life is about risks A full two-day course on how to strategically find pick and play stocks that are professional bearish gaps Retakes are free the class is online and the class is this weekend. It's March 16th and 17th from 9 a.m To 5 p.m Eastern time again the class of the class is 3499 this weekend. I am doing the bearish gap class I also teach a bullish gap course. It is going to be the following week This is how to play bullish gaps like netflix, for example And this class is two days in the week thursday and friday from 12 to 6 price of the class is the same It just isn't going to be as many breaks in the class It's just going to be uh during the weekday from 12 to 6 thursday and friday Whereas the weekend one is stretched out On the weekend. So this may you know, it depends on what your schedule is with work Whether it were weekends or whether you are off during the week It's up to you But one is the bullish class and one is the bearish class I also teach a class called the trends course. This is how to read long-term trends and stock charts It's june 23rd and 24th from 12 to 4. This class is 999 This doesn't teach you how to date trade just so you know, but it does teach you how to read long-term trends and charts If you want to do both the trends class and the golden gap course You can do both and save 500 dollars The cost of both with the savings is 3999 and you would do the trends class then in june And the golden gap class this weekend may 16th and 17th And you would save 500 bucks If you want to do both the bearish and the bullish class You can save $2,000 Letting people do both if they want this month in may the cost of both classes is 4999 And this is a great deal because each class right now is 3,500 which is you know, $7,000 And i'm giving $1999 off if you want to do them both It'd be a lot going on for you to learn both But you could do it and you'd be fully prepared to go and trade the rest of the year. That's for sure Now someone had asked about the live trading room the live trading room My run is from 8 30 11 a.m eastern time money through friday I don't trade in the afternoons unless i'm in something monitoring. I don't keep the room open even if I am I trade most mornings that i'm done very quickly in the first hour of the day I offer one week trials to the room in order to Be in the live room every day with me though You have to take the golden gap class whether the bullish one or the bearish one You have to do one of the classes to be in the room Because I believe that you need to know how to trade the market and learn everything right to risk your money So it's eligible for you to sign up for the room after you take the class And i'm telling you summer is here. It was outside today. It's gorgeous. It was beautiful out This is just a great great career when the weather becomes beautiful and sunny to be able to trade In the summer You just answer some questions here for some people And anybody else that has any questions and if you're interested in the class and want to sign up Email me at malice at the stockswish.com if you're interested in the trial email me at malice at the stockswish.com If you're interested in the swing trade letter email me at malice at the stockswish.com You uh You need to be rid the risk that you need to take as I was saying was between four and five hundred per trade Okay, the capital you need to have would vary As far as the buying power depending on the broker that you would go to kent so If you want to email me i'll refer you to some brokers you have to talk to the broker and find out how much buying power They're going to give you for the cash that you have to put up Okay, because that's where you're going to look to see the capital that you need because you have to be able to take the positions But as a day trader You get more buying power as a day trader if you're flat every day by four o'clock Whereas when you're taking over nights the buying power is a lot different and actually My advice to people that are taking over nights is to not even is to be doing it with a full cash value No, no, you should be risking the full cash value of the risk of the stock price in the overnight And day trading you can maximize whatever the broker is going to give you That's my advice on that All right, i'm going to bring up my slides here for the market kathy Do you want to pop everybody over to my room? Very quickly and i'm going to talk about the market. Can you? Send everybody over there? All right Kathy's going to send everyone over to my room. I'll see you there