 Good afternoon, everyone, and welcome. This is Melissa Armo with the stocks. What should I take a look at here at Apple into the three o'clock period? It did break out above the high today, which was nice. So let's take a look at this here. Again, 117.74 didn't quite make it over 118. Let's quick look at the market. Market looks amazing. Did we get over? We didn't. Wow, the market looks like it's going to gap up tomorrow. And Apple too. So one of the things that I wanted to talk about today is understanding risk. And I'm in this trade. I reviewed it on a previous video, in fact, a couple videos, that I took this trade. And when I took the trade, I put the money on that I took for the risk without any guarantee. Without any guarantee, the trade would ever become profitable without knowing that I'd win in it or lose, without having any idea at all, except I have a system. I apply the system, and that is called calculated risk. When you have calculated risk, you're willing to take the risk knowing that the outcome would be better than just keeping your money and not doing anything with it. What would be the outcome? What would be better? You'd be able to take the money that you have and turn it into real dollars and cents and more money. And that's how you get ahead. That's how you get ahead when you're trading in the market. The more that you risk, the more that you have the potential to make. When people come to me and they ask me about my class, about my Golden Gap course, it costs $4,999. It's a two-day course. People sometimes ask me for guarantees. I do not give guarantees. Why? Because when you choose to trade and you decide to trade the stock market, you should not be expecting a guarantee in any trade you take or any class. And anyone that offers such a thing doesn't understand how the market works and doesn't have the mentality, like I do, of a professional trader. Any professional trader will tell you that there's no guarantees in the market and there's no guarantees in anything you do in life that can really put you ahead of the pack. And my Golden Gap rating system, which is the 26 points that I teach in the class, it works. And so the risk is that you pay the $5,000 for the class, not knowing the information ahead of time for the potential that you'd be able to use it to make money in the market. You don't know. There's no guarantees. Just like when I risked the money I risked an apple, there was no guarantee the trade would work. It would go on to be a huge winner, break even, loss, small winner, small loss, full loss. I didn't know when I took it. Now as it turns out, I'm still in the trade and I could have gotten out with a profit of over $5,000 back here in this day. I held it through, I'm still in the position. Actually, I added and now I'm in two positions in this out till Friday. And I don't know where I'm getting out of this yet. I'm gonna decide in the next 24 hours. The point is that I still have all my risk on, full on risk without any guarantees, without knowing what it's doing and I have to make a decision. And I'm fully aware of the fact that whatever decision I make requires no guarantees and taking risk. If you wanna get ahead in life and you wanna trade the market, you have to understand in order to make money, you must be willing to take risk. If you ask someone for a guarantee, then chances are you don't understand how to make it as a trader and you're not gonna ever get paid and you won't make hundreds of thousands of dollars, let alone millions of dollars in the market if you don't understand that and get it. And you kind of have to want to be willing to take the risk in order to trade or take a class. You have to actually desire to get ahead so much that the positive outcome of the risk that you're going to take is worth it rather than keeping your life in the same place by doing nothing where you're at right now, not knowing how to trade, having absolutely no idea how to be successful as a trader, you have to weigh the risk to reward and know it, not having any guarantees just like I did with Apple, okay? So the upside is you take my class, you learn how to make money in the market trading gaps and you have potential then to make hundreds of thousands of dollars and millions of dollars for the rest of your life. And the upside for me in Apple is I took the risk, I risked $8,700 and the potential for the upside is huge for me if I hold this into the earnings or at least until tomorrow to see how it rallies into the earnings into four o'clock. So I'll decide what I'm gonna do tonight in this but I have no guarantee, you have no guarantee and you have to understand risk when you take a class and also when you trade. If you're willing to do that, you have a huge, huge possibility for success to be a professional trader. I think many people don't understand that, say they're willing to take risk but they're really not and those people therefore then will never learn what I know in the market and be able to apply it to make a lot of money. So that's the lesson for today about understanding risk. If you have any questions, email me at melissa at thestockswish.com. The next golden gap class is November 5th and 6th. Have a great day everyone.