 work on your loved ones that never went to med school? Or how about just giving them finance money to some financial planner that never learned finance? We are no different, but you are on the right path. The right path is you should be doing it on your own. And by doing it on your own, you need a mentor to show you how to do it. And that's what you're going to get here at Cyber Trading University. All right, everybody, welcome back. My name is Fausto. Let me just share my screen here and we'll get started. Just hold on one second, fellow traders. Screen two, there we go. Perfect. All right, can everybody see that? Could you see that OK? Just let me know. Just going to get the chat up and running. Perfect. Patrick, can you see the screen OK? Good, good, good. All right, let's move a couple of things around here. And then most importantly, let's get this thing recorded. So you guys can watch it for later or maybe share it. Well, what you just witnessed and you saw right there, fellow traders, that's a couple of students of mine that we've done over the years. We do an on-site class. We invite all of them to come out here to our New York office, go to a great dinner, but most importantly, trade with each other, communicate with each other, meet all the instructors, and basically learning how to trade today's volatile markets. But what I'm going to do today is I want to see if you're all capable of doing this by me showing you how to trade today's volatile markets. So I'm going to talk about my favorite trading tools and how I use them to spot the big breakouts of today's markets. Now, we're going to have a lot of fun in the next hour. And let me just tell you, it's going to go very, very fast. Just going to talk a little bit about myself and the company, tell you a little bit about why I'm here, what am I looking for with people like you. And basically, just, you know what, Bart, we're glad to see you to be here too. And I'm going to show you one of the Wall Street's biggest secrets, because to trade today's markets, you've got to know how to play the game. And that's really what it is. And you know what you're going to find out? At the end of this presentation, actually in the next few moments, you're going to realize that you've been trading backwards this whole time. Now, what does that mean? I mean, you spent so much money people asking, is that even possible? Yeah, it is possible, because when you trade, some of you keep focusing on the past. And some of you guys keep focusing on the winners. How about this? Did you ever think about focusing on the future, knowing that there are people out there selling a stock? Did you ever focus on learning why people lose money so you don't do that again, and stop hearing all these winners and glories of people bragging how much money they make? I'm sick and tired of people bragging how much money they make. I think that's an ego, okay? And you know what? Some of them say they make so much money that some of us like, you know, we just want to make a fraction. We want to be millionaires. We just don't want to depend on Social Security for us in our lives, or go back to work or maybe get a job at Amazon or a truck driver. Some of us have been professionals. We just retired. We want to be able to do this as a career and be able to spend more time with our family, our grandkids, and be able to pay for their colleges and don't make people suffer anymore. And then with COVID, you know, be able to live in our home. It's just, this is kind of fun. It's kind of nice. But let me show you how to play the game. So before I do that, let me just tell you a quick little risk disclosure just to let you know, there's no guaranteed anyone's going to make money after today. There's no promises. There's no warranties. There's none of that. You can lose all your money and people have done it in the past. So please don't go out there and trade what you can't afford to lose, okay? Because you can lose, and if more than that. But my goal today is I want to teach you the art of what trading is about, which a lot of you probably don't know. I'm going to talk about how to find the best stocks. I'm going to show you how to complete and follow the big money. Think about that. There are these orders out there that you're going to get the opportunity to see these big block orders. I'm going to show you how to find them. I'm going to show you how to have a development consistent trading platform. All this I'm going to talk about today. Most importantly, I am going to show you how to read level three. Think about that. Some of you probably heard of level two. Well, I'm going to talk about even something called level four. I'm also even going to talk about something where you have to treat trading like a business and be able to manage it like a business. Because that's what it is. This is not spending the weekend in Vegas, okay? You are looking to do this for the rest of your life, but you don't want to do this every day. It's a part-time job, so let me show you how to do it. But before I get started, some of you probably wondering who is Fausto? Like, who are you? Why am I listening to you? Well, or maybe you have and found me, you know, maybe you watched me on NASDAQ. I've been a presenter. Maybe you watched me on to the financial stations. Maybe you watched my YouTube channel. Maybe you're a student here. Maybe you did a trial before, but let me tell you a little bit about it and get right to the point. But do it for 25 years. I love what I do, okay? I have changed people's lives, and I think that even makes it even more exciting to do it. I help the people that are, you know, that needed to make this successful. I've been there, I've done that. People that think they couldn't be successful, I helped them out. I've also told people that they should not do it because they're gonna lose all their money. But I have a five-star rating on Google. I'm endorsed by every brokerage firm in the industry, okay? I have a A-plus rating to bet a business bureau. I don't think anyone could ever say that. And like you just mentioned earlier, Bart, I'm also a 12-time champion. I beat every school in the industry. Now, how is that even possible? Well, because I was trained by some of the best traders in the world. I live here in New York. Some of the biggest traders live in my town. Actually, one of them lives across the street from me. And believe it or not, a lot of what you're doing is the opposite, you know? A lot of you make trading more complicated than what it is. And it's really not that complicated. A lot of us are using indicators which you don't have to need. A lot of us are using multiple monitors. You shouldn't even be doing that. Listen, if you can't make money on one, you can't make money on six. But you have to know how to play the game. And like you see right here, I'm the author of the book of how to beat market makers at their own game because that's really what you wanna do. You can't beat them, but you know what you could do? You could join them, okay? And that's how we're gonna beat them, not by betting against them, by seeing what they do because that's what I'm gonna show you now. How do I know that? Because that's what I did. Now how I got started is exactly what I'm gonna get all of you to do to start your career because it's never too late to get started, okay? You can see the Forbes magazine right there. A bunch of kids tormenting Wall Street. I was actually one of those kids that's actually a friend of mine. Imagine we used to trade on the little stinking 15-inch monitor back then working on fractions instead of days, decimals. But before I got started, I was a big failure. I really, I lost money on it. You know why? Because I was 22 years old. I was an ignorant kid that says, I don't need to learn it. I can go learn on my own. I'm not going to work and taking a train to the city. I don't wanna split the profits. And not only that, but why can't I just, let me try it and see if I'd like it first, right? Isn't that what everybody does? They go out there and say, let me try it. If I like it, then I'll do it. Wrong. That's not what you do things because you are basically one trade away of blowing up your account. And let me tell you something. I learned a lot from my parents and my dad taught me, you know, cause he knew I was ignorant. Maybe it's my Italian breed that I had. They call us Desta Dost in Italian. But my dad said, listen, come to this country after the World War II. This is a picture of them. I'm first generation Italian. And he said, listen, you wanna be good at something. You know how you can be good at something? You find someone that's the best at it. You go out there and I don't care what it cost you, okay? Even if you have to pay him. But if you love what you do, you're gonna be great at it. If you find the people that are very good at it and you surround yourself with a company that's very good at it. Well, like I told you, I didn't listen the first time, but the second time he gave me another shot and I did it. And let me tell you what I've learned on the first day on the job, the first day, and this is what you guys are gonna learn today, should have never made your first trade. Never made your first trade because you're about to see something that's gonna, you have never probably seen anywhere in any webinar or anywhere else because what I've learned, I should have never made my first trade. I didn't know you could watch these institutions. I didn't know you could actually shadow and become an actual market maker and go out there and do it. You know, these are things I'm gonna show you, okay? And I think that has a lot to do why I've been married for over 23 years. It's my wife, Debbie, and my three sons. I love sharing with you because this is a great vacation picture because I was able to travel around the world. I was able to spend more time with my family and could pay for their college. Don't have to take any loans out. You know, I think that's what family's all about. But you know what, you know, I treat the way I treat my family is the way I teach and get involved as a family member with my traders. So hopefully all of you could be one of these people one day and hopefully it's gonna start today. So let's get started, all right? Can you see, can I see your trades, okay? Listen, yes, because what you're about to see is you're gonna be, you could become a market maker. You could actually be place bids and offers out there. You could actually go out there and trade against everybody around the world, not including market makers, institutions, higher frequency trades, algorithms, all that dark pools, all of them. But the thing is this, you have to learn what to look at not looking at what someone taught you as some indicator it was out there. So before I get started, I just wanna do a quick little poll, okay? And my poll question is this, how long have you guys been trading for? So when I had a little fun with all of you, I'm gonna put a little poll up here and let me just see if you're like, if you're a brand new trader, less than one year, just wanna get to get the feel of it. Doreen and Gerard, you just put it in that poll that's coming up on the side of your screen right there. Now this is a good question because I just wanna get to know a little about everyone so I get to know the experience, okay? Now I'm gonna share that poll and we could see that great traders never stop learning. So I'm glad to see that we got people been doing it for a while. But let me just say this, all right? If you've been doing what I'm about to show you and you've been doing it more than three months and you're not seeing progress or not making money, might wanna find a new job doing it. Now please don't take this the bad way, okay? I'm not, sometimes I'm a little brash around the turns but I wanna be very honest with you. I do not like people losing money, okay? So my recommendation to you is this, that you're still in the business and I know we had people three years, five years, 10 years. So if you've been doing it for a while and you're not seeing that you're consistent at it it's probably not for you and it's time to move on. So my next question to you is this. What kind of trader are you? Hold on, let me get the, there he goes. Let me launch that right here. Are you a stock trader, options trader, forex futures? Just wanna get, Michael just put in there, I've been doing this three, five years, have not developed a consistent system. You might be right. Michael, listen, if you had it, I don't know if you worked for somebody or you were a business owner but if you had somebody who's working for you for three, five years and they're not making you any money and you keep paying them, I think you're probably a bad businessman but I know you never happen to you but I think they gotta go. You know what I mean? I think they gotta go. So good, so we have a lot of stock traders out here, options. Now like I said, let me just repeat something. I'm an actual stock trader, okay? I am what you call a day trader. What a day trader is, we're in and out the same day. Now I do swing trade, I do some options trade. I don't do really forex trading. I know some great ones if you're looking for one and forex traders but if you wanna be a good options trader, you have to understand something. It's the movement of a stock that makes an option move. So once you think you should learn how to be a good stock trader first and even if you're a swing trader, okay? How does a stock become a swing? You gotta be patient but it's the movement of the stock that will tell you if it's gonna end up being a swing. It all starts from day trading. Now the reason why I like day trading is I know what I made for the day and you done for the day. You got a clear head and then if I like the stock I'll consider doing a swing trade or an options trade, okay? But if you're doing the others, it's a lot more difficult. Yes, you can make more money but you could also lose it a lot faster. So let's start off talking about a couple of stocks. Did anybody see the stock AMC today? Actually the last couple of days. Anybody watched the stock AMC? Great runner up. You could see the stock literally ran from 21 all the way to 30. This was actually yesterday, right? Yes, it's being recorded, Jeff, absolutely. Okay, great run up but do the math, 21 to 30. That stock moved $9, okay? If you just bought 100 shares of it, which have been what, a $2,000 investment, you could have made yourself close to $900. Good traders never buy at 21 ever sell 30. Maybe you bought at 24, you sold at 25, you bought 1,000 shares, 1,000 bucks, there's your quarter million dollars, there's your quarter million dollar salary. Here's another one. Bed, Bath and Beyond. Another, what we call the mean stocks, those Reddit stocks. Stock went from 22 to 26. This is all in one day. Game stop, more expensive, 150 to 195, okay? So it's kind of weird but if you've been watching me and you've been here before, one week was the energy stocks, the next week was the pot stocks. Then the week before that it was the vaccine stocks. It's like every week there's a new industry that's moving. Then the other week was the EV stocks. It gets whatever comes out of White House, we're pumping oil, we're not pumping oil, we're going to war, we're not going to war. It all affects the market. So there's a lot of things in the industry that you could trade, all right? Now if you guys haven't done it already, I am live every morning on YouTube. I'll have my staff post a link up for you. So I don't know if you follow me on YouTube, whatever, but I'm live every morning at 9 a.m. and at 2.30 Eastern time, doing a live broadcast, how we trade the pre-market and after-market. And I have over close to 3,000 videos there where you could actually watch. So are these stocks a short squeeze? Are these the Reddit, David Burt Goliath, all that stuff? So anyway, how are we able to follow these stocks? Because sometimes they move too fast and everything else. It comes down to one thing, following the money. That's it, following the money. Now listen to me carefully now because we're going to get into the fun part of where you're going to see and why you're going to be ticked off at yourself that you've been trading backwards. And also, before we continue, I'm going to tell you one other thing. Everything I tell you right now, from here on forward, you are going to watch this live with me tomorrow morning. Every one of you, and if it's not for you, you probably, then you don't have to come. But every one of you are going to be invited to watch this. So let's look what we got right here. My question to everyone here is this, do you have level two quotes? You see if everybody has that. Anyone here have level two quotes? Michael, you do, Bauer, you have it. Okay, Steve, good, good, okay. So level two has been outdated since the 90s. It's worthless, okay? You really don't need it anymore. And you're going to see why. But for the ones that don't have it, let me just explain to you what it is and how it works. Because some of you look at this and like, I move so fast, whatever it is, I get it. B stands for buyers, S stands for sellers. The bid or the buyers, the ask is the sellers. You got three columns, one, two, and three. The first column is market maker ID. That's the name of a brokerage firm that is looking to buy AMC. The second column is telling you the price that he wants to buy AMC for. And the third column is telling you how many shares he wants to buy of AMC. Everything there is multiplied by a hundred, okay? So it just lets you know. Two means 200, 14 means 1,400 and so on. Whoever wants to buy the stock for the most amount of money is up on top. Whoever wants to buy the stock for less money is down at the bottom. So what you're seeing is what we call a negotiated market. People are in a chat room and they're just advertising, hey, I want to buy it here, I want to buy it there. Now if you think about this, that's pretty cool because you basically have a seat on the floor of the exchange. Now there's only one problem with this. It's only showing you the best bid and the best offer. You have to understand something that on the NASDAQ exchange, there are buyers at all different prices, right? I mean, there's buyers here at 1501, there's buyers here at 1408, whatever, as it goes down, down, down. You're not seeing that in level two. That's why it's worthless. You're only seeing a fraction of the data. Now, let me change the slide here. So when you look at this, like I just said, it's kind of blank. And you're getting a lot of like emptiness around it. It's just not really a full depth of market. Now, my question to everybody is this, do you have what we call level three, or in other words, total view? Just give me yes, no, you're not sure, whatever it is. Now this is very important, please be honest, okay? Don't let me start picking on you, whatever it is. Your answer here is very critical for your success if you're looking to do this as a career. Now, this Friday, I assume everybody knows the NASDAQ exchange, I am going to be there live, okay? At the NASDAQ center doing a class, NASDAQ hires me to come there to teach people like you to understand how the exchange works. Now look at, I don't need that NASDAQ market. I mean, they don't need me, but they understand that thou still, you know how to teach it. These people like you need to learn how to use it. And we need you here to show them live on our show. And I'm gonna be there at 1 p.m. on the live. We'll send a link after you guys, but don't worry, tomorrow you're gonna see this live and you're gonna see how cool it is when you come and you watch me at the NASDAQ center teaching it. But I got most of the people to answer the question, okay, I'm gonna end the poll and share it. So look how many of you don't have it. Now, I'm gonna probably say it's more than that because about 50 of you didn't even answer the question. So I'm just gonna tell you, you don't know, okay? I'm not gonna be embarrassed, all right? Now, let's talk a little bit about what it is. Daniel, I'm gonna show it to you right now. TD Ameritrade does not have it, okay? But what they do have is level four, Daniel, and I'll show you that in my trading room, which you're gonna see in the next few moments. What we're looking at is Norwegian Cruise Line. This stock trades on the NASDAQ exchange, right? So, here are your buyers and here are your sellers. Now, when we were looking at level two, you were only seeing this guy right here, okay? The best bid and the best offer. Now, you're seeing all the bids and all the offers. So now, you're seeing every single buyer and seller around the entire world. Now, this is what we call direct access. You have direct access to the market, you have a seat on the exchange, you're able to see every person from Goldman Sachs, Merrill and Shearson. Now, it's not important to know who they are right now, but what is important is what you're about to see next. But I just want to be clear. Think about what you're seeing. Think how much smarter and better trading decisions if you're able to see every single order around the entire world. Now, change the slide here. And let me show you how we utilize this data. Here you have the stock, whatever it is, EVGO, okay? It starts at 1360. Because now you're probably wondering how to utilize this data, right? So the stock goes from 1360 and you notice in a matter of 30 minutes, it comes all the way down to a price right around 1260. And from 10 o'clock in the morning, 1030, 11, almost 1130, it just had this complete brick wall that it just didn't want to go past of 1260. Why? Why 1260? Why not $13? Why not 10 dollar? Why did it pick the number 1260 for the past hour and a half? One reason why is because when you look over here on the book viewer, you'll notice that there are buyers at every single price all the way up from 1296 for 200 shares to 5,000. But when you get down to 1260, you have 181,000 share buyer down there. Look at that, 181,000. Do you think I wanna be on the buyer's side? We only look at a buy 2300 or the guy wants to buy 181,000. That is what we call here at Cybertrain University an iceberg order. Iceberg orders are big block institutions, high-frequency trades, algorithms, market makers working together and placing their limit orders where they need to buy it and where they need to sell it. Now, amazing, right? Is it, Mike? Unbelievable. We didn't even scratch the surface, okay? We just got started. Here's another stock. Starts at $4.60, okay? ENCSE, at roughly around 11 o'clock, it goes from all the way up from 460, makes a gorgeous run to $6.20 in about an hour and a half. That's a pretty substantial profit. If you bought 1,000 shares of that stock, I mean, Jesus, five to six is a dollar, all right? But why did it stop at 620? Why did it continue to go high? Why did it hit it there and kept bouncing and kept hitting and hitting and hitting and all of a sudden, boom, thing goes from 625, it drops away to 559. Well, what makes resistance is sellers. Now, you notice I have a backwards. Sellers equal resistance. Resistance doesn't equal sellers. You see, a lot of you are doing things backwards, okay? What I mean by that is that, oh, that's support level, that's resistance level. Well, your support and resistance level that you're looking at is what happened in the past. Past is not always indicative of the future. And when you look at the future, the future is the seller, not the previous resistance. And that previous resistance was that big iceberg order out there of 5,000, 72,000, 42,000. And you look over there, you can see all these orders are aggregated, means they're bunching them together. I mean, you literally had almost 18 people out there around the world that make up the 42,000 shares. If you now think about this for a second, fellow traders, how much smarter and trade decisions would you be able to make if you were able to see where these big iceberg orders are in the future? No, like think about it, how many times have you bought a stock and like, damn it, why didn't I sell it at that price? You know what I mean? Like, or what drilled that stock down? That's not what Mr. Fibonacci said that. That's not what Matt D didn't say that. That's not what my 200 moving average said that. That's not what Kramer said. It was because of this big block order out there. Daniel, we're not even done yet. We got a lot more, okay? Now, remember, are these live orders, okay? Some people say, are they fake? Listen, these are real orders. And if you don't believe me, when you come to my trading room tomorrow, I'll be happy to show it to you. And you know what? I'll even make you a bet. I'll find one and use your money and let me know what happens, okay? Now, let's go over a couple more examples. Tilray, another stock, okay? Now, let's look at this example right here. Where should we expect Tilray to make a bounce? Can anybody tell me? Let's see how you guys figure this one out. Let's have a little fun. Where do you think Tilray should make a bounce? How would you see it in your eyes? Very briefly, you don't have to get detailed in questions. Okay, Mike's just need support, okay? Add a large buyer order, John's saying, okay? By the way, John, do you see that buyer? Do you see that buyer in the chart? Cause I don't. David even got a number. David's coming up with 425, okay? Look at that. Now below seven, Elton is saying, T-Miller has no idea. You know what, T-Miller, you're getting close. You're getting close. Let's think about this. Everyone's always fixated on these charts, right? Everyone's like, oh, you know what? I was talking to somebody today and he had 10 monitors. I'm like, what the effin' are you doing with 10 monitors? Look, what do you land in the space shuttle for crying out loud? I'm like, oh, I got this, I got this. I said, if you're not making the money, you start with one, you work way after that. But what you're looking at, he's got a bazillion monitors up there because he's got all these charts up there. So let me tell you this. There's only one reason what that's gonna make the Tilray go up. Is this 399,000 share buyer at $7.83. So Elton, you were wrong, okay? Bart, you were wrong. You gave me a number. T-Miller was right. Has no idea other than what, you know, who said that? JR said that, I think it was. Who said that? John said that, John said it. Where the big orders are. So let's just think about for a second. What do you think's gonna happen when we come up to that 400,000 share buyer at $7.83? When we look at it, hit that 830, came back down, went back up to 810, came back down, hit it again, came back down, went right back to 820. Look at that. In the past hour, two hours, we kept hitting that guy, hitting that guy, hitting that guy, and it never went below it, okay? Think how much smarter and trading decisions you would make if you knew that there was a 400,000 share buyer out there looking to buy it at $7.80. Do you ever think how much money that is? 100,000 shares is about 700,000, okay? Times that by four, you're talking almost close to $3 million are looking to be bought at that price. And by the way, that makes up 22 people around the world. You're telling me that you think you're smarter than that guy? Yeah? Come to my room tomorrow and let's see how smart you are when we see those iceberg orders out there. This is why I'm a 12-time champion. It's why, you know, when I go out there and I speak to people and I do these presentations and I've been up, you know, I'm gonna be in, you know, in Las Vegas for the big money show event and I go up against these traders, you know what? It's all about following the money. That's all you have to do because how many of you out there are following the money and you're losing and you're not knowing why. Because like I said earlier, and I will repeat it over and over and over again till it sinks in your head to make you realize you were too focused on the past because you're not watching the future. Okay, let's talk about American Airlines, okay? AAL is moving up steadily, okay? My question to you, all you fellow traders out there is that you're in the stock, you're doing great, stock's going higher, you know, we think you just sit back and relax and do what I'm doing, you know what I mean? Like you got a profit, you bought it this morning and you're at 12.80, shoot, you had a thousand shares at 14, you're talking about, you know, you're up about 1200 bucks, you do that every day. There's a quarter million dollar salary. Where you're like, yeah, but I don't wanna sell in American Airlines, you know, great news. They got all the stimulus money. Listen, you're not an analyst, okay? So let's go follow the analyst's boss, which is their traders. What is going to drive this stock down fellow traders? What is gonna drive it down? Thank you. Sellers. Could everybody just put the damn word S in there? You know what? I don't know what's going on, but Gina, I didn't hear from you, okay? Alan, I didn't hear from you. Alex, Barry, David, Eddie, you know, Eddie, come on. Don't be scared. You can't be part of Cybertrain University's team unless you speak. We don't give picks, we don't tell you what to do. You need to know how to do it yourself. And your answer is what you just said. You need sellers. How do you find those sellers? You gotta go to the data. You gotta go to the NASDAQ. You gotta go to the exchange, okay? So here we are. We're at the NASDAQ book viewer. Look at American Airlines. I'm looking for sellers. Where are the sellers located? On the right of the column. I'm working my way down, 6,000, 3,000, 5,000. I mean, hell, that's more than probably some of you ever traded, you know? But I'll tell you one thing. The first thing that pops in my eyes is this guy looking to sell 54,000 at 1425. That's no joke. I mean, look at the average shares. I mean, listen, you're gonna take a guy who wants to sell 100 shares, seriously? I mean, you know you'd try to trade more shares than that. But 54,000? Yeah. And guess what? If you were not prepared for it, what just happened? Stock went from right there at that 1425 and in a matter of 30 minutes, it dropped literally almost, what is that, 70 cents? Now, if you had a thousand shares of that, a thousand shares, oops, wrong window. Looks like my window's closed. There we go. You got a thousand shares. And all of a sudden you're up about 1,200 or 1,000 or you're up maybe 500 and you make a $500 winner to now you have a $300 loss because you lost the money you made and now you're negative. All because you did not watch that trader. You did not watch that order. Joe, you know what? If you have an issue, if you didn't get the link, whatever happened, please call my office, okay? 877-70-Cyber, okay? Use my 800 number, you won't have to pay for the phone call. All right, so by the way, is anyone confused? Did I lose anybody yet? One thing I noticed right away is everyone's still here. I'm watching, people are still, people logging in so no one is left, so it looks like I got everything. Exactly, that wasn't complicated. Why are you making it so complicated? You're the hardest thing about teaching and getting people to succeed what I teach, the greed, the discipline. I mean, sometimes it's okay to take a profit. If you're consistent and hit base hits, you'll be fine. And by the way, we're looking at just a screenshot. Everything that I talked about, I'm gonna show every one of you live for one whole week in my trading room, the original trading room that started before anybody, which by the way, some of my students and my instructors, but if you're gonna come to the original trading room, I'm gonna show every one of you how this works, okay? Well, thank you very much, Michael. Listen, I just have a passion, I just get so upset because I have so many people here that I've done presentations with and they're just, you know what, sometimes a lot of us are a little hard in the head and sometimes you gotta hear it over and over and over again because then you realize, like, you know what, I do like trading and I've done futures and I like the guy but I just don't get it, but you know what? I get this, I get this. This is really not follow the money. Why is not everybody else talking about it? And I'll tell you why they're not because they're not market makers like I was. They were not a floor trader like I was, okay? And that's what separates, you know, Cybertrain University than anyone else. I'm not here to bash anybody, okay? But at the end of the day, think about it for a second. Makes kind of sense. Now, you're ready for something really cool? You thought that was good? Wait till I show you this now. So I know we have some people that are big charters, you know, and like, well, I still like my charts, I still like my indicators. Yeah, watch this. Have you guys ever heard of level four before? Ever heard of level four? See if you have, Mark, you have a lot of notes, okay? So level four, basically what it is, is that when we looked at NASDAQ, that was just one exchange, okay? But a stock could trade at the New York Stock Exchange, it could trade on another, different exchanges. So what this does is it aggregates all the exchanges into one. So imagine you were looking at level two on the level three version, now you're looking at level four, which is showing you every exchange out there and it's aggregating it. But not only that, but it's also putting it on a heat map. What exactly does that mean? Well, what you're looking at right here is you're looking at a stock, okay? Right here on the right is what we call level three. And this is the price, and right next to it is the amount of shares that wanna be bought at that price. So if any of you here has trade station, they have like the matrix, it looks pretty similar to it, okay? Now, what makes this so cool is that you're seeing people trades, orders how long they were out there for and if they got executed. So as much as you see these big orders out there, now think about this, how cool is it is that you could see how long he was out there for and how cool is it to know if he even got executed? Cause guess what? This guy right here was a buyer, he got executed. Now, think about it, big buyer must mean support, but we see support levels get broken all the time. Well, if the buyer gets executed, you're like, oh shit, that guy got executed, put all those shares, damn. And not only that, but he bought more here and the guy that we thought that might have been support over here at 1520, he got executed. And now we're down to a guy that wants to buy literally 220,000 shares. Now, in theory, you would say that is definite support levels, right? Well, guess what? Does the chart tell you that? I don't know what the hell the chart's showing me. Well, then I see that the trend is going down. Some of you might be like, oh, I know how to re-candles and I got like five reds versus one green. And when there's a formula with the soldiers, listen, you can forget all that fancy, fun stuff that people talk about. At the end of the day, the way they go up and go down are buyers and sellers, all right? Now, look what just happened. Remember we saw that 220,000 share buyer at 15? You see what this little red bar, he said big red fat ball? You know what that tells me? Someone sold it to him. Now, do you ever buy, what's big today? Homes, right? Like, oh my God, that house, I could have bought it last year for a half a million. Now it's, you know, 800,000? I didn't even want to pay a half. Like who the hell's buying this crap? Like what's going on? It's the same thing with stocks, okay? You don't, you just, you are just here to get the crumbs on the floor. You are just trying to, you're an aunt, okay? You're not buying, you know, quarter of a million shares. Someone else's, just follow what they do. And guess what? That guy right there, he got executed. And what do you think's gonna happen to the price of that stock? When a big buyer like I guess executed, huh? What do you think's gonna happen? Anybody? When a big block order gets executed like that. Exactly. Very good, Bob. Mike, it's going, no, you're wrong. It's gonna go down. It went lower, okay? But remember, the chart doesn't show you that, okay? And also, I don't know, could anybody read this thing right here, by the way? Anybody could read this? Because I basically just took a couple indicators and threw it on there, everybody's laughing. I'm getting people like, what is that? I don't know, but it's, it's a MACB, it's a bowl of Japan, it's a moving average, it's a CASTIC. I don't know, some people could read this stuff. I mean, I don't know about you, but I rather just see if the guy got executed. What this, it's pretty cool. But to me, it looks like a bunch of spaghetti. And then going to level two, I mean, it doesn't tell me that's going down. I don't know what the hell this, that's why like level two is, is worthless. And if you didn't see that, look what happened fellow traders, it went from 15, look how much it dropped. It hit another big buyer, 1450. It went only down to 1420. I think it even went even lower than that. Yeah, it went to $12, $12 ethanolers. You know, if you lost money, if you bought this stock at like 18, and you saw this big buyer get executed at 15, like, oh man, I can't afford to lose three bucks. That's a lot of money, especially in a matter of, you know, an hour. You're like, crap, yeah? Well, guess what happened when the guy gets done? And that's exactly right, Mark. You ever thought about shorting the stock? Exactly, Mark, you could short it. And you think, and people are like, oh, isn't that risky? You know what's more risky than shorting? Trading a damn option on the stock. That's more risky, okay? You want to be risky, that's risky. So listen, you could switch your trading style. You could be like, you know what? I thought it was going up. Short enough it didn't, let me short it. Make it back. Hell of a nice little win right there, if you knew that. And look at that, block order after order after order after order after order got filled. And when those buyers get done, down we go. Here's another example. Let's talk about a way going up. There's something we teach also, let's call it a ladder effect. Look at this guy. He wanted to buy the stock. He started at $1.47, nobody sold to him. He bid it up, nobody sold to him, he bid it up. He's going, look, 100,000 shares, okay? No one sold it to him, another 50,000 shares. Look at these sellers, 8,000, 7,000. You're going up against the guys that are looking to buy 100 and 50,000, right? So think how much, like I said, how much smarter and trade decisions you would make by following the money. Now my question to everyone here is this. Who here wants to watch this live? Who here wants to say, okay, Thausto, I've been so many webinars, maybe you're a good salesperson, I've been sold before, but do you practice what you preach? Start, good. Mark, good. Jack, listen, every single person raise your hand. Let me see, let me see a raise of hands. Who wants to see this live? Good, because everybody raised their hand, I'm going to get you and I want to show it to you because the best thing that could happen to you is that you're going to finally realize, you're going to say like, wow, you know what? Now I know why I lost money today. Now I know why, you always hear the stories behind you, like why do I feel like somebody's watching me, right? You know what? Nobody's watching you. You are not watching them. That is your problem. And it's now time to do that, to watch them. That's why I love doing this, you know? Listen, there are over millions of people that trade every day. Trading is a 90% failure rate. They say it's 70, I think it's more 90, okay? And it's just, why? And I'm telling you why, because most people are self-educated, which I would never let give my money to. Some people just, you know, learning the wrong style, you know, they're learning from the wrong people. But you know what? I think you guys should see the truth. So let me show it to you and how to do it, because the thing is this, you can't do this yourself. And not only that, but what I do in a way I teach my traders is I don't teach people how to make money doing this. I don't even like talk about winners. You know what I teach my traders? I teach them how to stop losing money. That's everyone's problem. How many of you guys are so many traders are sick and tired and don't know why you're losing? And you wanna fix that problem. Or you're one of them? Well, good. Like I said, that is basically where it comes down to. David, listen, regarding about your account balance, that's the least of your problems. Okay? That's the least of your problems because it's not gonna cost you, you don't, first of all, no one's gonna trade. All right? I don't want anybody to do anything. I just want you to watch. Okay? I just want you to watch to see it's for you. All right? Don't worry about money. Don't worry about, do I get a brokerage account? You don't need to set up anything. All you need to do is get ready right now in the next few moments when I get you registered because I wanna show you how to do this. But what I'm just warning everybody ahead of time is that don't think you can go out there and see what we're doing. And then you go on your own in La La Land and like go back to your basement and try to do it on your own because it doesn't work. You need somebody that needs to review your journals. You need somebody that's gonna tell you, says, no, don't do that. You did it the wrong way, okay? Stop pretending to be your own doctor. Stop pretending to be your own nutritionist. Stop trying to be your own instructor. Have the people that are professional. Surround yourself with people that are good at it. And that's why we've been doing it for so long. And that's why Cybertree University and you could, and I know a lot of you have, there's a lot of smart people in here. I know you've done your homework. Nobody, and no webinar you've ever been to, ever seen, ever could say, are you endorsed by Tasty Works? Are you endorsed by eSignal? Are you endorsed by Charles Schwab? Have you endorsed by Tasty Trade? NASDAQ, Thinkorswim, TradeStage, that's just to name a few, okay? I'm staying a few of the big ones. I've done education for every one of these companies. I've been a presenter, I've been a host. Why? Because they want you to know how to trade properly because you know what you're doing, you'll be at their client forever. The difference is they can't teach you. It's a compliance issue. That's why they come to people like us. So right now there's no better time to learn. You see what's going on at the war right now, which is absolutely terrible, but you could see how volatile it's making the market. You could see how we had a new regime change in the White House and how it totally swings the market because different ideologies, you know, pro gas, anti gas, pro oil, you know, vaccine, pro vaccine, negative vaccine, whatever it may be, but everything that happens affects the stock market. If it's weather, as having a hurricane Sandy, if it's a terrorist attack, if it's a financial crisis, if it's a virus or if it's a war, you need to watch your money and you just can't sit back and pretend it's not going anywhere. But you got to learn how to trade. So this is what I want. I want every single one of you, I'm going to invite you to come to my online cyber group trading room. And I want you not to judge us on our winners. I want you to judge us on our losers because I want you to see how few we have and how we control them because that's what you need to learn. You know, you keep hearing people talk about winners. Nobody talks about the losers, all right? Now we start audio broadcasting at exactly nine o'clock. Now we do a, our trading room opens up at eight a.m. We do live commentary from nine to 10 30. And then we come back in the afternoon and we do live commentary, the last hour and a half of the close. So you're going to get a lot of commentary in this trading room. And you're going to see the students that we train. You know, the grandmas, the grandpas, the engineers, the oil and gas people, the teachers, the professional NFL athletes are in there, okay? You're going to find people just like you in there and see that, you know, teaching the nine-year-old grandma to figure it out or the person that's getting ready to retire or you know, whatever it may be, you're going to meet these people, they're just like you. And not only that, every Tuesday you're going to get a Q and A session. We do a trader's talk, we do it. There's a lot of stuff that you're going to get with the trading. So there's a lot that you're going to get with the event that I'm going to offer you. And not only that, we're going to even give you an alert service, okay? So with our alert service, you're going to be able to, you know, if you can't be there, don't worry about it. You can log on your phone or at least you can get the alerts of the positions and we'll see what's going on. Listen, that worked pretty well what happened with AMC just the past couple of days. So this is all I'm asking for, nine dollars. That's it. All this for nine dollars. Now you're probably looking at this and be like, wait a minute, why nine dollars? I'll tell you why. First of all, I want you to have some skin in the game. Secondly, I don't know who you are, where you came from, okay? So if you're serious about it, it's nine dollars for one week. And after the week, if you don't like it, I'll give you your nine dollars back. The nine dollars just to let us know who you are, you say who who you are. And we're going to take you very, very seriously and you're going to be able to talk to us. Now, this is what you're going to get. You're going to get from 9.45 to 4.30, you're going to get the live trading room. You're going to get a daily watch list. You're going to get all our, access to all our instructors. You're going to get a Q and A workshop. You're going to get three pro workshops, the traders talk, and as a bonus, if the first 20 people that register right now, I will give you a personal coaching class. Now, why all of this for nine dollars? I'll tell you why. I am looking the recruit traders that I could train that think they can know and understand what I'm teaching, what I showed you today. And if you obviously have it in you, then we're going to be able to strategize and decide if we're going to move forward with you or not. So this is basically an application thing, nine dollars. That's really what it comes down to. And then after that, oh, no, we're not. We don't charge anybody after. We don't do any residuals. We're not going to hit you with some scam, $149, $200. After seven days, we don't do that. First of all, I don't even know how to do that. Second, I don't care. Believe me, if you don't want to be there, I don't want you there, okay? But all this taken us seriously, I'll show you how to find level three, level four. We'll show you how we implemented in your trading platform. All this for a lousy, stinking nine dollars, a cup of coffee. All right, a couple of questions coming across here. Micah, I will be gone all next week, join Friday. Yeah, so this is what you could do, Michael. Register now. You can't access the room until you activate it with one of the instructors that are going to call you to make sure we're going to do a walkthrough with you. We're going to show you what you bought, what you have, understand the lingo, all that stuff. And then you'll activate it and then you'll have access. So if you can't start tomorrow or next week, whatever it is, you let us know when you want to start and we'll get you access to get in there so you don't miss any days, so you can maximize the days. And by the way, you only need one day in there, one day. Think about it. How much did you learn in the past hour by being here that you didn't even know before? How many of you could say like, I thought I knew there was something going on. I did it with these big orders out there. You're just seeing it. Well, now let me show it to you live, okay? For all, like I said, nine dollars. Michael, thank you very much. I appreciate it. Listen, Michael, you know, I've changed people's lives and I have been so very thankful from so many people. And I just kind of like kind of gets back to the community of people that have tried so hard to finally make this work. And sometimes you need to listen to a couple of people until you actually find the right one. I might not be the right person for you yet, but you won't know until you do the trial. And then let me tell you, you'll figure on your own immediately. You'll see, you know, we want to just show you the professionalism, the customer service. We want you to listen to all the traders, see if they're doing well at it, see if they're people just like you in there. You know, it's like, you know, it's like coming on the first day on the week of the job, you got out of college. You know, you want to test out your career. Here's your chance. Well, Patrick, thank you very much for sharing that. And I think we just put that in the chat. We have a couple of instructors of riches in there now and he's clicking in there. A couple of people I just want to do, I just got a couple of alerts right here. It looks like a lot of people are just coming in on a registered. I'm not surprised why not. I mean, you saw almost half of you said you were doing it. You hear that ringing going on my phone? See another one right there. It's coming across. What do we got here? We have, who we got? We got Simon, that's got your registration. Welcome aboard. Welcome to the team. Alex got your registration. Welcome aboard. Who else we got here? Got a lot of people. Doreen just got your registration. Stacy Murray got your registration. Welcome aboard. David Calhoun just got your registration. By the way, when you fill it out, there's a questionnaire. There's like five questions. Please fill it out to your bestie of knowledge. Let us know a little bit about you. Do you have level three already? What brokerage firm you're dealing with? How much money you have? The more you let us know to help us about you, the more we could help you make this successful. Couple of questions here. Doing well. Love the presentation, Patricia. Well, great. I didn't see you registered yet. You must be registering now if you love it so much. Lee Troupe, I just got your registration. Ken D, just got your registration. Just showing you right here. You could see all the strike orders that are coming in right here. Just reading them off. Got yours, Don, Elliot. Michael Katz just got your registration. Thank you. You're more than welcome, Barrett. Look forward to seeing you in the room. I signed up before and not have used it. I paid $9. Can I do it now? Yes. Like I said, just register now. Get the process going. And of course, you could take it again. Absolutely. All right. Any other questions? I told you five an hour goes fast, right? My God, I felt like it just started about 15 minutes ago. Listen, it's pretty cool when you start seeing these big orders out there. Like today there was a, we were trading Robinhood. And Robinhood had these 50,000, 60,000 share sellers. Now if you've been watching Robinhood, it's actually had a nice little run in Robinhood. And let me just take a bring it up for you. Let me show it to you. Robinhood was a pretty fun trade. Oh, I got AMC still in there. All right. So we got hood. Oops, that's the wrong. So you can see Robinhood right here. Look at this nice run in Robinhood. So Robinhood went from $13 and it was shot up all the way up to about 1620. And that was only about 10.30, 10.45. So you could see like right here, there were big, big iceberg orders out here. And do I have level four up and running? No, let me give level four up and running. I got level four. Let me show you. It's pretty cool. These things you're gonna learn, but the market's closed, but I don't like to talk about the past, cause like all woulda coulda shoulda, some people were like, oh, anybody could talk about what happened you did. Which by the way, if you register on our Twitter page and our Facebook page, Twitter and our YouTube, all these stocks were on our watch list. So let me just bring this up, cause I think this is really cool. I just gotta load it up. Give me a second. It's coming up. There we go. The default hood, let me bring it up. There we go, hood right here. All right, it's loading up the data because it records the data back in the past. So here you have it. And let me just bring us back a couple more hours. I'm only showing you an hour. Let me bring back 12 hours. Load it up right here. All right, almost done. Couple of shout outs while this is loading up. I got, who else I got right here? Just registered. Laverne, I got yours. Laverne Dean, got it. David, David G's got your registration. John Jay, it's got your registration. I like to say the last name. So I don't want anybody to know. Warren G got your registration. Sydney Sims got your registration. Randy Bacon got your registration. I see it's still coming in here. All right, so here I want to show you what I'm talking about. This is really cool. So check this out. Okay, she's right here. She's big red line. This guy's been out here since 11 o'clock in the morning. 11 o'clock, okay? Look how the stock literally went from 1540, went to about 1650, came back down to 1570, tried to go up, hit the guy right back up to 1650, came back down, came only to 1590. Think about that. This guy's been out there all day, okay? All day, look at how dark that red line is. By knowing him out there, it was not going any higher until, look, and if I go back even like 18, 19, there's no one out there, right? But this guy's been out there all day. Right here, there's a guy right here at 17, but that's a little late. So he's been out there all day. And right here, you see this big order right here? This guy at 15 bucks got executed. And when he got executed, look, I went from 15 all the way up, took the guy out here at 16 and went all the way, and then this guy just was holding it up. He held it up. But the goal is you had a game plan. You saw it happening, you saw it coming up. You could see what was going on. By the way, anyone, just out of curiosity, anyone have a stock? I'll bring up any stock. Anyone trade it today? I need to know with something that has that volume. Anyone trade the stock today? Yes, Patricia, we actually will show you how to filter them out. EEM, let me look over here. Let me look at this first, I'll tell you in a second. EEM, and not really, not really a good stock. It works on, oh, space. Yeah, that was a good one. Patrick, space was a good one. Space went from like $10 and went all the way to about 11. So let me bring up space up here. This is a really good one. We traded space today in the trading room. So space, you just bring it up. Okay, data's there. Markets closed, let's go back. Blow up some more data up here. Oh, Peloton too raw. Brand, that was a good one too. Okay, so there was a big seller right here. And you could see it right there. It was like a 40,000 and a 20,000, 70,000. And the guy got executed. See it right there? He was out there right around this morning. And then he got executed. And you could see that it never, and once it broke it kind of held there for a while. So 11 was a pretty big support, but then this guy showed up for about 22,000, you know, right here around 1130. And you could see it never wanted to break it. So that was another big seller right there. It was a little bit of fast moving stock, but it wasn't the easiest stock out there. All right, so I gotta go. All right, I promise I was gonna keep you for an hour. We went past an hour, a couple of more or less people and do some shout outs. Okiyo, I just got your registration. Steve W, got your registration. Patrick Lindemoth, got your registration. Emma, got your registration. Good, good, good. What platform we're using? Listen, CJ, forget about the platform right now, okay? This is the only platform that you need. The only platform you need right now is this one, okay? Be the first 20, by the way, if I can't reach you, you know, don't worry about it. You'll at least talk to one of my instructors, but just pay the $9 and we'll go into detail. I can't cover it all in one day. All I could do is get your tone drooling right now, okay? Well, I guess I wanna rich the instructor at CTU right now is kinda answering your question right now, all right? All right guys, listen, thank you for coming. I'd like to thank my sponsors and everyone else to help you get here. I hope you guys, and I always like to know where you guys found us. We do not advertise. We don't have to advertise. We don't need to, you know, it's just easier to kinda like you guys finding us and showing you live when it goes there. So hopefully you guys learned a lot. We're gonna have a lot of fun tomorrow. If you can't make tomorrow, don't worry about it. You can just talk to education advisor, tell when you wanna start, make that starting date. You don't have to be there all day. Try to be there at the most volatile times if you can, first hour or last hour. That's where the most of the action is. And just sit back and enjoy. Sit back and enjoy. Let us show you how to follow the iceberg orders and then you guys will make a decision and see if this is for you or not because I think it is. And if you try it in the past, I know people think like it's risky or whatever and you know what, I get it. But I don't know who really taught you how to do it. So let's go from there, all right? All right, looks like we got everyone registered. Thanks everybody. If we'll send out the link when you log out, there's gonna be one more video you're gonna watch me talk about. You're gonna watch me on the NASDAQ where I was showing you when the Vaccine's Fox finally took off and I was doing a presentation at the NASDAQ floor on Moderna when it was $25. We all know where it went to, 500. It's all about iceberg orders. So have fun watching that video and I will hopefully make you look forward to watch all the other videos and then log into the trading room. So let's all make money together. I'll see you on the trading room, everyone. Thanks for listening, bye-bye. Welcome to NASDAQ Trade Talks, I'm Jill Melendrino, Global Marketry Reporter at NASDAQ. Joining us for this segment, we have Fasto Puglisi, founder and CEO of Cyber Trading University to discuss trading using NASDAQ BookViewer powered by NASDAQ TotalView. BookViewer is the standard setting data product for traders, allowing users to see much more depth than the typical level two data offers. Fasto, it is great to have you back with us. Welcome to Trade Talks. Thanks for having me again, Jill. So it was a pleasure being back here. It was great to talk to your audience, to teach them a lot more about NASDAQ BookViewer. It is becoming more and more popular. There's just so much data that people have to understand how to use this product, especially in trading today's volatile markets. Right, so Fasto, let's talk about that. Walk us through the most basics of the platform. Well, right now we're just looking, if you look at the PowerPoint I have up here, we're just looking at a basic BookViewer platform. What you have right here is, let me just get my little quick pointers out here so you guys can follow along, so I've got to grab that. So you got the buyers on the left, you got the sellers on the right. You got to be careful because I do have a couple of videos that will show you how to customize it right here, but you really just want to have these three columns, orders, shares, bid, you know, it's all you really need. And what's nice about it is that it gets to show you exactly where all the buyers are and where all the sellers are. Remember, what makes these stocks open down are buyers and sellers. Right, and if we move along further here, we can take a look at what it looks like when you have support and resistance on your next few slides here. Yes, one of the big things I always teach people is you cannot have a support level unless you have the buyers, which is the bid, and you cannot have resistance levels that people always look for in the chart without those sellers. So what we really focus on is that we focus on the future, we don't focus on the past, and that's what's great about the book viewer, and that's why NASDAQ came out with this great platform because it's like having a seat on the exchange. You get to see all the orders out there, and you can see where the people are planning to get in and get out of the stock. That's why you have to, when you focus on support and resistance, you need to know, well, is there support? Well, are those buyers out there? Is there resistance? Those sellers are out there, and we're gonna see a bunch of them in the next couple of slides. Yeah, let's take a look at that. And our first one, of course, when you're looking at support. Like right here, we're looking at a stock, OCGN. It's not important other than that. You could see the stock is not the name, maybe it's not important other than, you know, seeing how there are over tens of thousand stocks that trade, they all trade exactly the same, Jill. And if you look right here, how the stock started around 1030 in the morning, and it dropped only to a price specifically at $10, and by having that game plan and knowing that it was support levels, not looking at some indicator, but looking at the future on the book viewer, you'll notice that there was a 310,000 share buyer sitting out there, and there were 11 different orders, meaning that those 11 orders made up that 300,000. Now you'll notice here on the buy, there's 200 shares, 3,000, 11,000. That is a substantial amount of buyers, and that is one of the indications how that made that stock go from $10 in a matter of, you know, several hours all the way to the close, all the way up to 1250. And of course we have to take a look at the other side with resistance. Well, with resistance, you can see another stock right here, how we had a beautiful run, and from the price of $2 or an all way to $5, that is a substantial run up on a stock, but it finally hits a brick wall. Why did it hit a brick wall? Because if you look over here on Nasdaq Book Viewer, what makes resistance, like I said earlier, are sellers. You look here on the right, you work your way down, you've got 100 share sellers, 2,000 share sellers. But when you come up to this $5,015 seller, you're talking about 215,000 shares of stock looking to be sold. So some people always wonder, why did the stock go down? For one reason, because there was a big iceberg order out there, a huge block order, and that's what drove it down the stock. And that's why I wanna talk about ANC for a moment here. We know that was one of the stocks synonymous with the meme trade here. So I want you to walk us through your next three slides in succession. Do stocks like an AMC work with this type of platform? When we know it's all over the place and there was the crowd trade, and you have the Reddit traders on there, can you still determine identifiable support and resistance levels on a stock like AMC and make trading decisions based on that? You know what, Jill, the way stocks go up and go down, the moment 70% of the volume is worked on, high-frequency trades, algorithms, market makers, institutions. And you know, obviously being a very mean stock, one of the mean stocks on Reddit, AMC, people buying it and obviously things go down also. And we saw how some of these stocks like this one and GameStop and all of them. But here's a good example, I just wanna kind of show people. They look at a stock and they wanna know, okay, do I take my profit now? Do I get out? Well, the trend of the stock you could see here on the basic little chart is trending down. Now the question is, when will it stop? Yo, that's the big issue. Well, you could look at all the past history that you want, but it's not what the past is, it's what the future's showing you. And when we look at the future of the stock, and we go to the next slide, I'm going to NASDAQ Book View where I'm saying, okay, well, I'm just a little ant on the floor trying to get these crumbs. Where are the big institutions? Where are they putting their orders? And I work my way down there, look at the buy orders, and bam, I see 178,000 share buyer at $16. And there are 18 different orders around the entire world that are trading on NASDAQ that wanna buy at that price. So what do you think is gonna happen when you get to the 16 goes up? Because you gotta have a game plan when you trade a stock. And the game plan is, you have to see where the orders and where those limit orders are on the future because those support levels that you think you find in the past can always be broken. The only way they can actually exist is that those same orders that were in the past are there into the future. And there's something that you call the iceberg, Fausto. What happens if it breaks through that? That's a great question. Now, everyone always asks that question like, well, listen, stocks break support resistance all the time. So let's look at AMC again. Now, you'll notice that the stock right here, when we were looking at it, it bounced at 16 and went all the way up to 1640. But then it came back and it tested again, Jill. Hit 16 and what it ended up doing, it dropped all the way down to $15. Now, how is that even possible? Because 16 was a major support level, but guess what? Somebody could say, you know what? I have 170,000 shares I want to sell. Get me out of the stock. You know what? That could happen. And one of the things that we kind of teach you and you look at when it comes to NASDAQ Total View, there's another thing that's called time and sales. I'm being a tape reader, you watch the tape and you'll see those transactions taking place. And listen, if you start seeing that order keep dropping, getting less and less and less, you know what, someone's selling it. I don't think you want to own a stock when there's a big buyer out there getting executed because it's not, you'll end up running down to stock down to $15. And I don't think anybody wants to do that. Right, right. Infast, I want to talk macro with you for a bit because last time you and I were in studio together it was right before COVID. And we knew that we had the COVID related volatility in March and April. And since then the market has really only gone one way and that's from the bottom of the left to the top right of the chart. Then we hit December, January, February and we've been in a prolonged period of volatility for a number of reasons. First it was inflation, interest rates, Ukraine and Russia and what's happening over there has really lended to not just equities trading with velocity and volatility seeing two, three, 4% swings within a session. It's across all asset classes. So what are you thinking here from a macro perspective? Listen, I am always focused on what government is talking about, what's going around the world and obviously a lot, the big thing is obviously what's happening, we all know what's happening with oil. I mean, oil obviously had a big, big run up. So we've basically seen this stuff happen just as the market was starting to rally and you could see like for example, everyone's always thinking like, okay, what's oil doing, what's oil doing? But there are so many stocks out there Jill that trade on the Nasdaq market that will actually trade side by side with oil. So for example, INDO, the stock that we just traded just going into that big rally and if you look up here, right, blow this up you could see how the stock literally went from $4 as an energy stock. All these energy stocks just really took off. This one ran from $4 all the way to 14. Now you could see it came right back down but the big thing is when you look at Nasdaq total view you'll see the buyers come in and then all of a sudden it could be like what people are always nervous about something called a short squeeze. So sure enough the stock backed off but look at those run ups and that's just one of several. I mean, the things that we're looking at now is not just also the oils, like Chevron and you can see all these stocks, CVX, these big run ups like Chevron, IMPP, all these but also metal stocks. I mean, look at some of the metal stocks look at what happened with US Steel whoever thought that US Steel was doing so well. But the thing is when you look at Nasdaq total view we just focus on where are those orders are those orders still bidding it up? Now obviously a daylight today it's kind of flat there's really not that much going on you're not hearing that much action but I think what's gonna happen more than what's gonna happen with Russia and Ukraine you're gonna have to keep an eye on some of these stocks and also one last one, even the wheat stocks you have to keep an eye on, those also I mean, it just goes on and on and on. All right, Fasto great to have you back with us thanks for joining us on trade talks I'm Jill Melendrino global marketry reporter at Nasdaq.