 All right. Good afternoon traders and welcome to the book map pro trader webinar here today with Fausto Pugliesi. Sorry Fausto, I always say Pugliesi because that's a that's is the probably telling it. Yeah. Yeah. Pugliesi. Sorry Fausto. So anyway, we've had Fausto several times you guys know who he is. Very happy to have him again professional stocks traders been doing it for years. I keep on mentioning this funny kind of relationship with him. Seeing him for the first time. I don't know 15 or 20 years ago over at the. What is it the money show here in New York City. Yeah. Yeah. And you know Fausto was trading very low timeframes and just very simple things support and resistance and looking at the order book looking for an edge taking it getting out looking for the next one. And he won the trading competition with all these other gurus there year after year basically so anyway we have an excellent trader here. You've got his story here. I think he'll talk more about that and he's actually here once a month. So on the third Monday of every month he couldn't make it this Monday so we have him here on Wednesday. And then I have his links and information in here which I will put in the chat for you guys if you want to reach out directly to Fausto and his education and different services. Let's go through the disclosures and then turn it over to Fausto all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results. Alright Fausto so let me get your screen up here and then I will broadcast it right over here to YouTube so. No problem. Alright I think we're all set to go. Alright well thanks everyone for coming here and yeah Bruce and I we go way way back. You know tell a little history about how trading is going to be working and what we're going to be doing but I am actually one of the original day traders that started back in the early 90s. So I'm one of the original sows band it said if you ever read any of the old books I'm going to talk a little about it and you know what made me love book maps so much. I use it every day you know and listen I'm not I'm not here to kind of say oh everyone's like oh you're trying to promote a product no I really in my training when we use it every day. I'm going to show you some stocks that we traded there's a lot of big things that are moving and you know and and the reason why I can't make next week just let you know the markets actually close is Juneteenth. It's a new brand new national holiday and that's the reason why I can't show you a lot data when the markets close. But but let me tell you some couple things that we're going to be focusing on listen there are a lot of stocks moving on and bring up the book map platform right here and just show you. Now you probably seen that there's a lot of different presenters that use book map might have it set up a little bit differently. If it's futures if it's crypto if it's stocks I'm going to show you exactly why these stocks hit these big iceberg orders how I use them because that's what I call them. These big block orders and then most most importantly when we're all set and done with this whole event we just bring this up for you. Where am I missing it right here. There we are. Okay, so I'm going to invite every single one of you to come to my trading room and you're going to see it live for a week. So you know with that said I'm going to show you the trading room really quick and just kind of show you what's going on. We have our own custom built trading room and you know I'm just going to show you really quick right here shoot we're talking about. There you go. So here's our trading room and you're going to see all the traders in here on the left hand side the chat the auto commentary. So everything I'm going to show you today and how we use this platform is going to start from here. So like really quick we'll quick little disclaimer. Listen this is just educational purposes only that we're doing right now not going to make any guarantees of promises. Feel free to read out disclaimer but just please be very smart when you're trading today's markets because some things can become very dangerous and very volatile. So be smart before you make your trade. So with that said I told you I'm going to invite every one of you at the end of the presentation to come and see this live for a week. Now we started one of the first actually I have to say I started the first trading school trading room and probably the top of first three schools out there in the industry. A lot of the schools that you see out there are probably students of mine. Eventually everyone finds their own style whatever but let me tell you about the book map platform. This platform I'm about to show you is something very similar that I've been using since the day I started but it's on a totally different level. And you know you need to see how to utilize it. And most importantly what I'm going to do is I'm going to show you how we find these stocks out there and how we use that book map platform. And I'm also going to compare it to one of a company that we've which all of you are very familiar with Nasdaq. If some of you are watching any of my videos I'm on Nasdaq. I'm a regular guest at Nasdaq. I help educate people how to use the Nasdaq book viewer. And you're going to see personally if you're watching this on a YouTube video or whatever you all should have it. And I think everyone should buy it even if you have a book viewer now because what's going to happen is that when you use it you're going to see how valuable like wow and I know why I need a book map and you'll see it. Because what this shows you is not the past going to teach you how to use the future. So listen there's a lot of stocks that we traded this week and I'm an actual day trader. Listen Carnival Cruise Line has been a great day trade and not only has been a good swing trade. But the question is when is it going to stop? Who's pushing it up? Same thing with ASSA. Big runner up you could see here in pre-market stock goes from $1.20 to $1.60 to $3.20 and the market's not even open. Over there on the left that's the pre-market chat about traders trading them. And you know there's a lot out there but how do we know how to find them? How do we know how to go about them? Well like I told you I'm one of the original day traders that started. I'm also the author of the book of how to beat market makers at our own game. Well press me about this what you're seeing right here is the photograph on the left. Ford's magazine recognized us traders back about 30 years ago why you know trading has been such a big boom in today's markets. And we've been finding it it's been coming back more and more. And you know what? That little 15 inch screen that you see right there listen that's what we used to make money on. And listen now you have the technology you have more screens bigger screens. And you didn't have to pay $20 a ticket like we paid back then. You could see how things got easier and a lot better. Now like Chris has told you he's one of those people that were in the stands you could see right there. I've done the traders challenge I've went up against every school I competed. I beat every school I competed because a lot of people are not really active traders. You know a lot of them are like investors analysts swing traders. And you know I love doing it. But the thing is I'm here today to kind of teach you guys how to use the book map platform and hopefully maybe be one of these people that you see up here on the screen to be part of our team because that's what I'm looking for. I'm looking for traders that I could teach. There's actually a photograph of me on Nasdaq. I'm actually going to be on next week. Once again teaching people how to use the Nasdaq book viewer. And when I'm going to show you how the book viewer works and by knowing how it works you're going to see how valuable the book map is towards it. So listen right into the how trading works. A lot of people want to know has the big money move stops. Okay there are different scanners different tools to use everything out there. Now personally there's two main tools that I kind of used. Nasdaq book viewer which is level three and level four which I call is the book map. Okay and I'm going to go through and explain to you what makes one better than the other and why you should get one of them then none of them. So regarding about the Nasdaq book viewer just kind of give you a basic understanding because when you look at the book map when you see what's called the COV which is the current order of book. This is pretty much what you see here. So on the right hand side you'll see you got all the sellers on a left hand side. You got all the buyers. You got three columns. You got orders shares and the bid price and the way Nasdaq works is to negotiate a market. You know it's a negotiated market. People who ever want to buy it will be up on top. Whoever wants to buy it less is down at the bottom. Same thing for the sell side. You got the sellers out there who wants to sell for the least, who wants to sell it for more. So you're basically looking at one big chat room. Now what's important about this is that when you go to the book map you're going to see how this is incorporated into the book map. But you're looking at right now is the raw data of the market. So let me show you how to use the Nasdaq book viewer and then we'll go into the book map and why one is preferably you want to use one versus the other. So once again, my goal is I don't teach people how to make money. It kind of sounds ridiculous, right? That's what we hear. Now my goal is to teach you how to stop losing it. The way you stop losing money because that's about why 90% of people fail is because you need to know when to take a loss. Now no one knows how to take a loss and the way you learn how to take a loss is that because by the way you're going to lose in trading. It's part of the game. And by the way, that's not a bad thing. You just got to know how to lose good. Meaning you can't take big losses. You're going to want to take small losses. And the way you learn how to take losses is that when a stock goes against you, you got to know, OK, stocks going down, bear the buyers. And when you look at where the buyers are, you'd be like, hmm, get out now or it could wait a dollar later where the buyers are and lose $1,000 on a thousand shares. And who's to say we're going to hold there? So let me show you how as that book view works. So you can see right here you have a big resistance levels where you have the stock trending down from $1,250 because it's going right down. We're looking at a stock hold riot. It's a price of $1,160 and then it goes back up to $1,210. Now why did it pick $1,260? I mean $1,160. Why didn't it stop at $1,190? It looked like it was going to do that. Why didn't it stop at $1,220? Why $1,160? Well, when you look at the NASDAQ book view on the left, you'll notice that there's a $70,000 share buyer out there, OK? Now you see all the orders out there, right? You see $400,000, $300,000, $700,000, $70,000 and there is $16,000 orders that make up the $70,000 and $11,600. See, NASDAQ controls about 50% of the volume in the market, OK? Then with everything else in there, between ARCA, EDGX, all those other exchanges, which is where you could aggregate and get it through that book viewer, which I'll show you. But right here you're looking at about 50% of the volume. The reason what's very discouraging about this is that depending on what stock you look at, this moves pretty quickly. So, but, and you know how to set the defaults, which I'm going to give everybody a, you know, when you register at the end, I'll give everybody a little quick little workshop. I'll show you how to fix the filters and stuff. You'll be able to see these orders clearly and more obviously. Now, let's look at our resistance levels. If you're looking at stock AI, great run up, goes from 37 in about, I don't know, less than 30 minutes, goes to 41, it comes back to 36. They don't want to stock and like, damn it, why didn't I get out? Why did I get greedy? By the way, then you think like, well, who would help push it down in the first place? Was it a Fibonacci? Was it a MACD? Was it an RSA? RSA? What was it? It was none of that. Those indicators are invented by mathematicians, OK? Mathematicians are not traders. So they're always right. The issue is, if you're a day trader, I'm just telling you right now, they don't work, period. If you're a swing trader, maybe, maybe an option trader because you got time to kind of wait till things come into, come to fruition. Oh my God, it was a pretty bad storm. I got going to my town. Hopefully I don't lose power. But anyway, here you have the stock, big push, it's 41, comes back down. Now, when the stock goes up, what's going to prevent it? Sellers. Sellers make resistance. And when you look over here at Nasdaq Book Viewer and you work your way down, it might not sound like a lot to you, but there are 28,000 shares and there are 62 orders out there at 41. Now, when you're looking at all the sellers out there, is 28,000 a lot? Well, listen, 100 shares, 200 shares, 400 shares, 1,000, 100, 100, 173, that's a lot, 28,000. Because when you multiply it and you add that up, that's probably an explain why the stock has a big resistance levels there. By the way, simple math, often complicated. So hopefully I didn't lose anybody. Now, let's look at PLTR. Now, let's do a little quick little strategy. PLTR goes up from 1520 and goes all the way up to 16 and comes back down. Now, where can we find the next support level? That's the goal. So let's say you got cocky, you got greed, and you were making money, now it's going down. Now you're like, where do I hold it? Well, I see support levels on the chart right around here, around 1570. I see 1560, but there's no guarantee. There's no guarantee other than this. There is a 82,000 share buyer at 1567. So, listen, there are buyers everywhere, but what you're looking for is the big block we call here iceberg order. That is the big block order. That's what makes support levels. And guess what? When you see that big order, what happened to the stock? It came up to it and it went right back up to 16. It's just simple math and obvious support and resistance out of control by buyers and sellers. Now, let's look at Carvana. Let me just do one more. Carvana has been a fun stock. We've been trading it. Maybe some of you here have been watching it. And let me tell you, there's been a lot of stocks I've been moving. We're going to show you a lot of them out there. But even like Carvana, good trend, good going up, but the goal is good traders always look to take a profit. Good traders, listen, a bad trader will buy at the bottom and sell at the top. You know how many times they missed the bottom at the top? Good traders always buy in between, between the bid, the support level and the resistance levels. So, you've got to have a game plan. Good traders always think about taking the profit. You can't go broke taking profits. If I see a big iceberg ordered out there at 23,000 shares, when you got orders of 10 shares, 20 shares, 120 shares, that is what's going to make your resistance levels right there. And as much as you think the stock keeps trending and looks like it's going higher, well, guess what? If you didn't have that game plan and didn't get out there, that's what caused the stock to go lower. Once again, simple math, simple buyers by control by simple sellers. Now, where could you get NASDAQ BookViewer? Very simple. If you got your phone, just take your phone, turn on the camera, just scan that QR code and you will go directly to the NASDAQ website and you could buy this platform for $15. Okay? Now, you're probably here and I'm not here to promote BookViewer for the $15 because the goal is, why do we want to deal with BookMap? Well, you know what? When I got started, I was 22 years old and everybody wanted to trade. I live here in New York. This is the financial capital world. We all wanted to trade. I look at this and I'm like, I used to pay $1,000 a month for this platform. Okay? Now you could pay $15. Why in the right mind would you not buy the stock? Not buy something that would show you 50% of the volume of the stock that you're trading right now, even if it's an ETF or anything else? Why would you not want that? Okay? $15? Are you kidding me? Get your damn phone right now and just scan that QR code and get it. Now, BookMap obviously is more money than that. Now, the reason why I'm veering you to look at this, because when you try this and you're going to know why, oh, now I get BookMap. Oh, now I know why I should spend the money on that. Okay? But when I got started, if I told everyone here that you had to pay $1,000 for this data, a lot of you, I think probably 99% of you said, you know, not doing it. But when I got started, this is how it worked. Hey, I'm going to show you how to make a six-figure salary. Okay? There's no such thing as free lunches. It's not, you know? And you know what? We're not here to give you free stuff. You've got to pay your rent. This is what the rent costs. You want that six-figure salary? Okay, the rent costs $1,000 a month. And, you know, for a 22-year-old that's a bit, you know, doing this 30 years ago, that was like, I'm like, you know what? I really like this job. I have my friend that does it. He's driving a nice car and this and that. You know what? What's the worst thing that could happen to me? So I did it. And that's why I'm standing here today. And that's why you guys are listening to me. Now, that same platform costs $15. And when you use this, then I start showing you book map. Then you're going to know why you need one versus the other. But you've got to start somewhere. Now, let me go into why Book Viewer is the platform to use. Okay? Now, let me just tell you a little history about this book map for everyone here. I get solicited all the time. Okay? Everybody wants my endorsement. Everybody wants me to push their product. Everybody's like, and I'm not in that business. Okay? I am in the trading business. What do my students introduce this to me? And then I'm like, and believe me, I had people that trying to sell me, you know, stock alerts and indicators and brokerage firms. And they all tell me why there is a better than that one. I really had absolutely no interest in this platform. Okay? But one of my most successful students is Fausto. I'm just wanting you right now. What I'm about to show you is everything that you preach, everything, everything. So I had one of my instructors, Josh, look at it. Within 10 minutes, he says, Fausto, get off your ass and get on this platform because this is everything that we do. And I looked at it. First thing I did, I looked at it. I'm like, it looks a little confusing, the bowls, the snap. And I started watching it and started comparing it to my Nasdaq BookView. And I started looking at this. I'm like, first thing I did, I said, I want to buy you guys out. And I said, that was the first thing I told the owner. I said, I want your platform. I said, I want to be partners on this because this is everything that we wanted to build, you know, in the past 20 years. All right? Obviously it didn't sell to me. But I'm here pitching it. I love it to death because it really is. Because when you start from where I started from, and now you're starting to see something that finally that should have been out there, you're going to see how it makes sense. Now, I'm not here to kind of like, let me tell you what made me so excited about this. Okay? So right here on the right-hand side, this is called the current order book. That right there is called, you would look at it as more like the Nasdaq BookViewer. So you're seeing all these numbers. But what makes this so much great is that now I could see when that order was out there, how much he added, is he getting executed, and it's more visual, the colors. So you could kind of like make the colors darker, brighter. You could see it on a chart. I know how much we all love charts. Now you're getting to see it on a platform. So, and by the way, I don't know if anybody here uses thinkorswim, but I did a couple of great videos on it. It's actually probably one of the most popular videos on thinkorswim, because you can get BookViewer on thinkorswim now. All right? So please, if you get an opportunity at the end of this platform, end of this event, I'll show you how to get those videos too. Now let's go talk about how I personally use this. Now, I know we had some advanced traders in here. I know there's some of you have been doing this for a while, and I'm sorry if I'm getting a little beginner-ish, but there are people in here that are not beginner-ish. There are people here watching it on YouTube. There are people here watching it on social media, and it's still skeptical because, you know, let me tell you, I just got off the phone with a new student. This is Fausto. I've spent $20,000, $30,000 in education. He goes, he took my free trial, and when he saw this, he goes, my God, I never wasted so much money in my life. But I said, you know what, if it worked, he probably would have found us in the first place. But when they saw this, it totally changed everything, especially when you saw it live. Let me tell you how we kind of use it and how I simplify it as a professional day trader. Now, we're looking at the stock AI. Now, AI has been a really fun stock. You know, it's been all over the news. Everyone's worried about, you know, artificial intelligence and everything. But the stock's been having a really good rally. Listen, good news, bad news. I don't care what you think, okay? I don't care what I trade, and you shouldn't care either. You don't care about making money. But what you most important should care about is risking the least amount of money to do that with a high amount of reward. So when you keep going out there and thinking, I want to trade the Teslas, the Facebooks, the Amazons, or I can't afford them. Maybe I'll trade, you know, the options. It doesn't work that way, okay? Because there's always opportunities out there. What I want to show you is what's called a breakout, okay, a strategy that we teach. And right here you can see here a big, big fat red line. Now, right here's 930. You can see the pre-market. Then when the market opened up, all of a sudden, algorithms, high-frequency trades, dark pools, you know, institutions start putting their waters in. And the stock started building a very big order right around here at $40 for 125,000 shares. And that's not chump change, okay? You're talking a lot of money right there. It's a hell of a lot more money than any of you will probably go out there. So why not there and follow it? Now, the thing is this. Yellow, green bull, that green bull, and that green bull, and that green bull, and that green bull, and that green bull, and that one, and that one, that one, that is called time and sales. Those are orders that got filled. Red beans, transactions on the bid, green beans, transactions on the ask. A lot of buying going on. Somebody went out there and bought that order. Now, in theory, Xceler, big resistance, the stock goes down. You know what? Somebody could buy it. We still see stocks break resistances all the time. And that stock went from 40 up to 41. Not only that, it went through 41. It broke through 40, went to 41 right there. And now, all of a sudden, that buyer, that seller now became a buyer. And now, you're talking a 271,000 share buyer of 41.20. And that's why, when the stock went to 43, it never wanted to go down past 41.41, with a 41.10, it looks like, from here. That big buyer is what made support. So, now you're looking at the book map, and you're seeing these big iceberg orders, which make these support resistance levels. And by looking over here by the current order book, which is like the Nasdaq book viewer, when you look at a chart, it now makes more sense. Because look what ended up happening. The stock ran to $45 a share. And look, this is only one day. The stock is only, it's only $12.45. And look at it. It hit it, it broke. It didn't break it. It hit it, it didn't break it. And all of a sudden, boom, the thing takes off. Because, trust me, you might have these tools. These traders, you're going up against some of the best traders in the world. Trust me, you're not going to be Goldman Sachs. A 70% of their earnings come from their trading department. You're not going to beat them. But you could join them. And that's what you're looking at. Now, looking over here, Carvana. I want to show you something that's also very cool, which you will not get on any other platform, even like on Nasdaq book viewer. And this is where this comes into brings some value to it. See this little red line right here? That red line was a $250,000 share bar. It showed up around here around 10.15 in the morning. And what happened here, you can see the stock how it came down to around $11.80. Then all of a sudden, you can see there was this big order out here around $20. That person disappeared. What he basically did is he put his order out there for about five minutes. He decided he's like, you know what? I'm not buying this stock at $12.80. So he canceled his order. And when it ended up happening for what it looks like, that green ball, he said, you know what? Crap, I have an order I got to fill. I got to buy this stock. And then he said, screw it. He paid more money for it. He canceled his limit order. And he went to market order. And that's what made that stock go up. And you could see it, how that stock literally just caught in with higher and higher. Let me just go back there. And that's what drove that stock up. And not only that, but there were buyers even lower than that. So not only could you incorporate as a swing trade, you also could incorporate as a long-term trade. It all starts by happening over the course as a day trade. And that's how these stocks keep going up and up and up. And then all of a sudden, you could see these sellers that got executed that were the buyers. And all of a sudden, like, shoot, I got to buy the stock. And that's how these stock keeps going up and up. Now you can see there's a big buyer out here for $20.30 for $140,000. You're not going to see that on level two. You're not going to see that on Thicker Swim's order book. You're not going to see that on fidelity. But you're going to see it here. And I'm going to say it once. I'm going to say it again. How much smarter and better trading decisions would you make if you're able to see where all these big orders are? And that's why we love Bookmap. All the stock you could see here, look, it already ran to $23. And this thing started at $18. Now let's look at another example. Okay, Envax, another stock that we traded. Great little run-up, big run-up in pre-market. Stock goes from $7 up to $9.50. Okay, now as a professional trader, we always want to have a game plan. You don't want to be the person buying it at $9.50, selling it at $9 and then buying it back at $9.80. So the goal is why is it going up and we'll continue to go up. Now, granted, that chart doesn't tell you that. Now, let's look over here. You have a huge seller that showed up right before 9.30 and at $10 for 89,000 shares. Now, when you go back, you could see here, oops, sorry about that, this one, this is going to be, I'm sorry. So you could see right here, we're getting close to the 10. Now, going from 9 to 10 is a pretty, I don't know, that's a pretty big profit. And looking at that big resistance levels, I would say we should sell. Right? Hands down, sell. Here's the issue. Stock broke through 10. By the way, that could happen. That could happen because look what happened in 9.50. You don't want to be a person on board at 9, the stock goes to 9.50 and then you sell it at 9, the stock goes up. You want to have that game plan where to get out. But in this situation, this is a new breakout. And what ended up happening here is the stock went from 10 all the way almost to 10.50. Now, the thing is this, this is called a ladder effect. We call this a ladder effect. There's a seller out there and not a little seller, a big ass seller. He sold it and now he went to 11.20 and he got executed. This guy got executed. Do you ever like, let me give you an example of what this means. Do you ever like, see what's happened with the whole, like down in Florida, like everyone's moving to Florida. And like, you know what, I'm like, I want to buy a house in Florida. I heard about the good things, the tax things, but the houses are expensive. I could have bought that house, that same house I could have bought it three years ago. I could have paid maybe 300,000. Now you guys want 900, that's crazy. So, and now all of a sudden you look at the same house. Now they want a million too. And you go bought that same house at 300, like why didn't I buy it back then? Because it's all about supply and demand, right? So what's happening here, same thing. Somebody's selling it, maybe it could be a short squeeze, okay, which could be. But the stock keeps going up. And what you need to know is where are those sellers and where they want to get out. And if they do break out, you could always keep buying it. But the chart's not going to show you that because look at the stock, it went to 11. And that's what causes, that's what happened here. It could have been a short squeeze. Seller got executed, seller got executed, seller got executed, by the way, if you don't know what a short squeeze is, I have a whole video on explaining it, okay? By the way, I love short squeezes. I love short squeezes. I love people getting squeezed. But I want to hear you explain it what it is because that's like a 30 minute conversation its own. But when you want to try to understand what breakouts are, this is a breakout. This is what drives these stocks go up and that's how you see these stocks go from like $9 to $11, $12 a share. Now what I want to show you, I want to show you a couple of stocks that we've been trading today and yesterday. So I want to bring on my execution system. One of the stocks that's moving pretty nicely is you. Now you signed this big contract with Apple. They got these new headsets, $1,500. Now who in their right mind will buy a $1,500 headset? Guess what? There's an ass for every seat and someone's buying it and that stock, when that news came out, this thing has been on a great tear. Now by looking at this stock, you're probably thinking about it, okay, well what's driving it up? Is it too late to buy it? Should I get out of it? Well, I want to show you something here on the IntraJS chart. So this stock started around 10 o'clock and you could see it ran from $38 and shot all the way up to $42. Now, probably, let me just, I got to fix something here for a second. Okay, so why did it stop at 42? And what's all this stuff right here, what we call that a higher high? Why did it keep breaking higher highs and then finally didn't want to make a new high at 42 and finally now we're back down to 40, okay? Well, it's very simple. I'm going to bring a book map right here. I'm going to show you. You see all these big red lines? It was big sellers at 40. You got executed. Then all of a sudden there was a seller at 41 and then he decided to change his mind and he lowered his offer and he dropped down to 41.20 and that's why that stock went to 41.20 and backed off. What ended up happening, he disappeared. Okay, he disappeared, he got executed and that seller was not there and then only the next seller was out there was at 42. So the whole idea is having a game plan. By having that game plan and no way those resistance levels that's where you need to get out at all times because guess what? You break through a ceiling there's going to be a new ceiling. So let someone else break it because you could always buy it back because owning the stock at 38 and selling at 40 is a pretty big profit and you don't want to take a chance that it's not going to break it but if it does break it I'll be happy 40.50, 40.20 because I see the next seller at 41 that's another dollar move. I'll take it and sure enough what it do, it went right there and it came back off. And guess what? If it broke through that 41.20 looks like the next biggest seller is at 42 and that is why fellow traders you're getting this. So if I was to draw my trend lines and show you what we're looking at at those resistance levels those resistance levels that you see here on the chart are the resistance levels that you're seeing that was dictated by the future of those orders. Let me do one more to show you how like I said how much I drool over this platform. Is AI good? Yeah, AI, okay. AI maybe. AI you could see here when I zoom in and zoom out there are some big iceberg orders here at 40 you could see how the stock had big support levels right here at 41 and then you could see there was resistance levels here at 42 almost 43 broke through it got executed and then a new order showed up right here at 40 so when you're wondering how the stock went from 43 up to 40 that's the reason why and that guy is still out there for 32,000 shares now the stock is going down all of a sudden a buyer showed up now at 42 and listen that previous resistance level was at 43 if he's not there it's going to the next one and you could see it that's where he showed up and that's why we're hovering right around this price at 42 then the next buyer is here to 17,000 shares right around here at 41.50 and then you have to deal with the 24,000 share at here at 41 and if you zoom out what's nice about it as a long-term trader if you zoom out you could see even the long-term trades look at $50 at $36 so can you apply this towards your long-term trades? Absolutely this is what you can't do on the other platforms you're a good start you work great but not this intense Tesla was pretty good this Tesla trade right here long-term big big $175,000 share seller at $270 $180,000 share seller at $168,000 and you can see some big sales at $168,000 and if you zoom in a little closer now you can see a little bit more of these trends there's that guy you could see here in the morning it almost got close to that big buyer of $130,000 shares at $250,000 and that's the reason why it bounced and then you had a couple of sellers out here that's what drove it down I don't know how much more to explain it but the writing is on the wall and this is why we love Bookmap now with that said I want to invite all of you to come side by side and see how to find these stocks in the morning and you can meet all the traders and see listen the other people that you've trained well at it we're going to introduce you to them now with anything else you've got to learn before you can earn when it comes to trading and this is why Cybertrain University has been endorsed by more brokerage firms in any school in the industry and let me tell you something ladies and gentlemen these brokerage firms they don't screw around they do background checks on us they do credit checks on our employees they check our students see how well they do and let me tell you they want you to succeed because if you succeed you'll be a client there forever now Cybergroup Trading Room is something I started 30 years ago I don't know if anyone here ever heard of PropTradings but I took that whole concept of a PropTrading and I put it online and you'll see it pop all over the place but we kind of perfected it and launched a new product out there so if you've seen somewhere if you've pointed this in the past you're going to see we just implemented a whole new technology part of it that's going to help you learn faster, easier and quicker now we start our live audio broadcast at 9am 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customer service everything we offer here and see why we're the most popular school for the past 30 years you know teaching people you know why we have a 5 star rating on Google which is unheard of so anyway name your price and I'll get you in a trading room and we'll show you how to use the book map you'll see what we'll post the links on there we'll show you how to find these stocks we'll show you exactly how to do the pre-market trade, aftermarket trade how to shadow market makers all that good stuff and that pretty much does it now if anyone has any questions Bruce maybe you could tell me and you could jump in here I'll be happy to answer them why everyone's sitting there registering it oh by the way if you're watching this on YouTube and maybe you're watching the recording of it don't worry about it you still have access to that okay you still have access to that promo alright yeah we got some questions for you Fausto sure no problem let's see here so first off Tesla any kind of insights on Tesla so we've been trading Tesla for the past I mean Tesla's been on a really good run for the past month and a half I think everyone pretty much knows that where's my Tesla trade right here so Tesla the thing about Tesla you have to understand it depends on what kind of trade you're doing you're doing a swing trade you're doing a day trade on it as the day trade goes it looks like it's breaking down right now that's what it looks like I mean the stock is up literally up almost 100% the things on have been a big big tear Tesla's gonna be testing some you know testing some major resistance there's a big resistance right around 300 which is nice if you can go up another 30 points but once again I'm not here to say where it's going other than as the bookmark tells me where it's going because I'm there to follow the orders you know in the order say they're out I'm out if the order say I'm in I'm in that's how you trade it and that goes with any stock excellent excellent all right Danny's asking about see to see to let you know looking for a sweep down and what you're looking for on the sweep down so the big sweep you mean like as a stock crashing yeah yeah I guess a breakdown and then an order order book sweep of just like you know larger players dumping basically so we had a couple of stocks today we're making some big moves I'm gonna bring up this one right here WETG this stock had a unbelievable move in pre-market it went from $8 and you can see here by 930 the stock I'm sorry the stock went all the way up to a price around $22 okay now there are a lot of things we look at we look at stocks get halted you know they go they're volatility to the stock sometimes we'll teach you a little bit more about what is how many outstanding shares are out there you know who's pushing it up because at first stock the goal of that high you know that fast and that short period of time obviously there's always going to people take profits and then it's faulting so it's all about seeing you know we look at the book map platform is like one of the classes I'll teach you is called a ladder effect I think I showed you a little bit of it is somebody keep you know pushing it down are they keep are they keep offering their price lower and lower and lower and that's some of the styles that we look for so it's a little bit more of a ladder effect okay any other question yes how do you know if a level on book map will hold how do I know a book map will hold well that also is a very good question I will kind of look at now bring up so you see how a stock when it gets almost right to it and you could see the bulls if they're getting filled or not it almost got to it and maybe someone saw it and said second thoughts that is something to look at another thing is as we get close to that number if that order starts getting executed and that 136,000 shares starts dropping that means that big block order is getting executed that's something I kind of focus on it's almost like simple math you know so it's all about just seeing if orders are getting close to it not getting executed or if they are getting executed and knowing how to get out and that's how they break down and just to kind of maybe help clarify on that when you when you mean simple math I mean really what you're talking about is just the condition of the auction and the orders the number of orders if there's a massive amount of orders and the aggressive sellers don't tangle with it then this is telling you something like here, here's a good stock that we've been trading it's been on a really nice trap run plug you see how that big dark red right there and all those big orders out there and you see that you see over here in the bottom how this volume bar started kicking in all of a sudden and then all those little bulls are not as green they're more red that means that guy is getting executed and if you didn't as much as it was support levels if you didn't have that game plan didn't get out here at 11 guess what now you're at 1160 and you just do 40 cents like that so that's how you know stocks break out a breaking down because you got hit you got hit you got hit not only that but it started getting lighter lighter and lighter and the orders kept getting filled and filled and filled until let go and boom the think tank okay and another question here about your strategies and the viability with options so listen you could date trade options too but the thing is you don't want to be a poor man playing a rich man's game and don't take this in the wrong way but a lot of people trade options for the wrong reasons they feel like you know here you are bringing a lot of Tesla and then someone's going to be like well I can't afford to buy a $260 stock let me just buy the option that's not the way you do things okay there are so many stocks out there to trade so if you want to be a good options trader you first have to be a good stock trader first because it's the movement of the stock that makes an option move and sometimes you don't have to trade that option you could just trade the stock because it's less risk more reward tighter spreads and so on so that's a misconception a lot of people get you know Bruce when people go out there and we do trade options on trading room because like I'll give you an example yesterday we traded we traded what was it the AI you know and AI the options went from $2 to $8 you know what I mean like that's unheard of but yeah it happens but you could have caught on to that by just seeing what you could just by seeing the you know just see what the stock was doing because remember the options going to be delayed so if you knew how to trade the stock you'd be like oh my god that good options played out there let me jump on before someone takes them out that's how things work alright any other question yeah let's see here um and then John is asking about I guess any indicators that you're looking for you know you answered that early on you don't really look at indicators you're looking at the price action you're looking at the order flow the only indicator that I use okay there's the only indicator I use I'm gonna show it to you right now right everyone has it is this one right here the big percentage gainers and losers that you could call I don't know if you want to call it an indicator or whatever but that is basically what I'm looking at like for example look at the stock right here VERRA this stock is trending up everyone's issue is they don't know how to find these stocks that's what we're looking for okay that's the only thing I'm looking at so it's that I see if those orders are still out there on book map so listen could it continue to go higher I don't know I gotta check on book map and see who's out there selling who's buying it but the only thing I'm using is that listen you start implementing indicators yet another indicator yet another indicator and then this person is gonna tell you're an indicator backwards and then that indicator could break up to five different type of indicators on one indicator there are thousands of indicators out there and then you're gonna realize what makes an indicator move okay is some mathematician who invented it and it's gonna focus too much on the past let's focus on the future and the future is follow the money so let me end with that and like I said just register and get in the training we'll show you how it works and you'll see how to keep things simple because the other issue people have is they make things too complicated and when you start implementing all this stuff in there you're just gonna get lost and then you're gonna get delayed and you're stuck in these positions and the last thing you wanna do is own a stock and didn't take a loss because that one stock could put you out of business because the goal is not to learn how to make it like I said earlier it's learning how to learn how to lose so once you learn how to do that you'll which fix that problem the winners take care of themselves but you gotta learn how to simplify things first alright so anyway thanks for watching Bruce thanks for having me listen like Bruce said I'm here live every once a month I'll have some other contents talking about it and if you're watching YouTube feel free to join scan in and listen we're live every morning too register for our YouTube channel we're live every morning at 9am and 2.30 for about 10 minutes telling you this is the watch list and also on Twitter we broadcast on LinkedIn we broadcast live on Instagram so if you aren't any of those channels you know you want to see how we find these stocks how we pre-market and how to get ready to close as your opportunity but better yet just click over here but you gotta start somewhere everyone so anyone thank everyone for being here enjoy rest of your day and hopefully see you all in the trading room