 I'm retired. Right now I was in aerospace with Boeing. My name is Richard Serrano and I'm from East Drowsberg, Pennsylvania. I'm a network field engineer and I do telecommunications. My name is Phil Chybe and I am from Alaska. I am retired locomotive engineer. My name is Leanne Jack and I grew up in Appleton, Wisconsin. I'm a web designer and a friend and developer. My name is George Brooks. I am originally from New Jersey. I've been IT for the last 33 years. And in between that, still cutting down trees, climbing trees and all that other stuff in between. My name is Terrell Lee. I'm from Mobile, Alabama. I work at a small used car lot just to get out of the house. I discovered this whole community of traders in the trade room. Which, you know, I was sitting in front of my computer at home all by myself and now all of a sudden here is this community out there which I found very generous. Everybody was so supportive and welcoming. It just really blew me away. What makes us so different than other schools is that we're just not your typical school that's just going to teach you how to trade. We're going to go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Josh Levitan. I'm from Bethpage, New York. And I'm the senior instructor here at Sabra Trading University. What makes our on-site class so great, aside from the networking aspect of it all, just having our students meet each other for the first time is the fact that myself and Fausto are very hands-on with our students in the sense of just being able to literally overlook their shoulder and watch their trade, what they're focused on from their platform. Some news came out. I think just pop. While I can comment on what they should focus on online, they might not be able to understand that as well compared to having us right there in front of them. I kind of like the idea of not being in front of a computer eight hours a day because I can't do that. So I kind of like the idea of doing it in the morning and then going to do all the other stuff I need to do. Everyone that you thought was going to do that, you're going to have nine losses versus one winner. Yeah, it's not worth it. When I spoke to Fausto on the phone and he interviewed me, the thing he said the hardest thing for me to do would be to unlearn the things that I previously learned. And it turns out that's 100% true. And the stuff that I'm learning from him and from Josh and everybody has really made all the difference in the world in understanding what a day trader is and how it actually works. Fausto and the staff at CTU University, they're really on top of everything. They give you good trade choices and they keep you alert on whatever's happening in the market at the time for the day. Right, so we made a profit, what did I just say earlier? Just take the money and run because guess what? If you didn't take it, how would you be doing right now? Now you're losing money. You're just trying to make that day's pay. That's all you're going to do. You got it, you made it. Listen, for every stock that kept on going, if everyone that you thought was going to do that, you're going to have nine losses versus one winner. I don't think you're going to find a better support team in a stock trading business anywhere. That's why I'm here at the platinum level. You know, a lot of people want to go out there and trade and don't know if it's for them or not. And guess what? That's okay because it's not. And the thing you have to look at is you have to find a mentor, you have to find a school, you have to sample a couple of things with a couple of schools out there, do a couple of classes, and you make the choice. But don't make the biggest mistake that people make. Go out there and be part of 90%, maybe even higher of the failure rate in today's industry because people want to try it before they learn. I mean, would you ever want someone to 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? They're 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 Cybertree University. All right, fellow traders, let me get a little chat back. If you could hear me loud and clear, please. Just get a little chat back if everybody can hear me okay. All right, perfect. Let me just get the webcam working. All right, there we go. Get some lighting here for you. Here we go. All right, good, good, good, good. See everybody. All right, welcome everyone. My name is Falstow from Cybertree University, president and founder. Hope everybody enjoyed that quick little intro video of a bunch of our students. Let you know their experiences here at Cybertree University. Sorry about that. Just a little experience of what they, people here at Cybertree University, what they went through, how things worked out. And what I'm going to do today is I'm going to educate you the top three strategies to be a good, successful, active trader. Why people fail doing this and why everybody wants to get into this business. So I'm going to teach you and where to get started. So let me just change the slide here and move forward. But before I do that, I'd like to do a quick little poll. Okay. And I want to get to know about what kind of trader are you. You can see that there's a, you know, basically a poll that's up there. Tell me, are you a stock trader, options, forex futures, you know, investor, all that good stuff to see how you guys answer that. All right, good. All right, good. So we got, got a lot of stock traders. All right, that's pretty nice. I like to hear that. Oh, perfect. All right, good, good, good. All right. So listen, I'm an actual day trader. Okay. What that means is that I usually, I do not hold positions overnight. I make my days pay, you know, find stocks that move with the volatility. And that's it. I do some swing trading. I do some investing. I do a little bit of options trading, but listen, you can't be a good option trader. If you don't even know what the stock is doing. And when you start seeing, it's a little bit simpler and make things answer or answer your questions, how to find a good option trades. Same thing with futures. But this is the way I kind of interpret it. If you're not making money, doing what you're doing right now, after, I don't know, three to three, I don't know, maximum three months. But if you're not seeing progress after 30 days, chances are you probably should change the person who taught you or find a different market. So please don't look at it like, oh, but I hear the leverage of this and that. Listen, if you hire an employee and you went out of your way and says, oh, this person is going to make my life easier. And you're finding out that she's just not getting it. Oh, this is costing you money. Okay. But because you know, you need to find someone for that job role, but obviously that's not the right person. There's only so much patience that you can have. So with that said, I just want to give everybody a quick little warning that results vary from student to student. There's no guarantees. There's no promises. There's no, there's none of that. People do lose money in trading. I think the main reason why people fail is ignorance, you know, being cocky, greedy, all that stuff. But Cybertree University, just please, we don't take any responsibility. What I'm about to teach you is specifically for educational purposes. So hopefully that will help educate you a little bit more if trading is for you or not. Now, what are we going to learn? We're going to talk about how to follow. You know what? I think I'm going to change that word smart money. I think I like the phrase big, you know, the big money, you know, all the big block orders that, you know, the big buyers, the big sellers. So yes, you know, I'm not trying to belittle anybody that's saying that you're not smart, but we need to think like the smart people and it's basically following the big orders. So I'm going to show you why 90% of the people struggle in today's trading. You know, this is a really big failure rate. No matter if it's futures, forex, options, it is a very big failure rate. Why? Because who really trained you? You know, that really comes down to it. But every one of you are going to be trading your IRA, your pensions, you know, you're not going to give it to some stockbroker do for you and hey, show me 5%, you can do that in a day. So it's not a matter if it's a matter of when we're talking about why traders need to use something called time and sales and how to recharge correctly. So just tell you a little bit about myself, everyone. Why am I here? I love trading. I do. I'm actually a trading junkie. I trade every day. Well, not every day. Sometimes, you know, I just was away this weekend in Florida, this past week in Florida for a meeting. But I trade all the time. I do hundreds if not thousands of trades a month. I'm not a big trader. I'm not a guy that tries to kill it. I just try to be very consistent, make my days pay and enjoy the rest of my life. I don't do this as a full-time job. This is not a full-time job. You can make it a full-time job, but you really don't have to. But may make sure you do follow us on YouTube, Twitter, and Facebook, and you can get to see a little bit more, not only myself, but my fellow traders. Now, a little bit about C2, before we get into the fun part, I want you to know a little bit about us, okay? Because, you know, there's a lot of people out there. You don't know who to trust. You hear the next best, you know, things and sliced bread for other people out there. I started Cybertree University back in 1995. We're the oldest, well, probably one of the top four or five oldest schools in the industry. There are hundreds, if not thousands of people doing it now. There are hundreds, I'm sorry, there are millions and millions of people trade every day. So it is important that you get this right. You know, you want to go to the wrong school and you sure enough don't want to try to learn on your own. But I got into the business because I'm a first generation Italian. My parents came to me with $20 in their pocket for a better life. They left the Europe because, you know, obviously what was going on there and, you know what? They wanted a better life for their family. And my dad always taught me, he says, listen, you want to be good at something? You got to find the people that are very good at it, okay? Don't try to do it on your own. You want to be a good model? You hang out with trouble makers. You're going to become a trouble maker. You want to be rich? You hang out with rich people. You want to be a good trader? You hang out with good traders. You want to be a bad trader? Go do it yourself. So living in New York, I was fortunate to get, you know, take a job as a trader after blowing up two accounts because I was a little ignorant after my dad told me, you know. I think, ah, I need to go travel somewhere. I could do it myself. Well, that didn't work too well. You know that too. Because some of you here are probably did the same thing I did. So hopefully you could change that. But let me tell you what you're about to learn. When I show you in the next few moments, you're going to wish you never made your first trade because I'm going to show you one of Wall Street's biggest secrets. And listen, don't say, oh, Fausta, what makes your secret any different to the last 10 other people that I heard from? Oh, wait till you see it. Because you know what? A lot of those people are not traders. They were not market makers like me. They just came out with some great indicator and it just sounds great. And they really package it and make it look pretty and have a really good videographer maybe on YouTube. I don't know. But I'm going to show you exactly how Wall Street traders do it. And it's just going to make perfect sense. So what we're going to be doing is I'm going to invite all of you guys to come in my trading room at the end of this presentation because whatever I tell you, I practice what I preach. So you're going to see all this stuff live in the market. But once again, I don't want you to waste my staff's time. I don't want to waste your time. So let's just see if this kind of makes sense to you. So let's begin. Now, I know everybody wants to hear about these winners and like, hey, where did you find this stock Fausta? I saw you on YouTube in the morning. You brought up the stock MRIN. The thing was phenomenal. It ran from $9 to like $18. I haven't seen something like that since the mean stocks. Listen, these things are out there every day. Every day, we find stocks that go up 20, 50, 200%, 500%. And by the way, these are not penny stocks. These are old NASDAQ national stocks, which has a lot to do with it because it's the way we capture that data. But here's a stock that made a big, big move. Now, as a professional trader, we're not looking to buy stocks at 10 and sell them at 18, okay? Because you know what? If I just made a dollar, one stinking dollar, which is eight times less than what the stock did, dollar a day on a thousand shares, a quarter million dollars. Tell you, pays a lot more money than social security. But I could have made 8,000. Yeah, and you also could lose 18,000, okay? The goal is great traders never buy at the bottom and we never sell top. We always buy in between. But MRN, why did it go up? How did you find it? Where did it come from? Or a stock like BSQR, you know, at 10 o'clock in the morning, it goes, you know, the stock goes all the way from 4 o'clock to $4 to $8 up 100%. How did you know that? What drove this stock? Which I'm going to ask all of you guys a very important question right now. Okay? How do stocks go up and down? Can everyone answer that question? Well, I have my sip of my coffee. How do these things go up and go down? Everybody should be able to listen. If you can't answer this question, and please don't let me start picking on some of you, because I didn't hear from you, Mike. Alan, what about you? Just be honest. Dan, what about you? Thanks, Hawaii. Steve, thank you very much. James, what about you? Kevin, Peter, who else I didn't go? Steve, listen, I take trading very, very seriously. You know why? Because I hate seeing people lose money and there's no reason for it unless, you know, it's not for you. But everyone should answer this question. Okay? And you know what? Everyone's right. Buyers and sellers. Supplying demand. Can everyone just write BD, BS? And not the BS we're talking about. Buyers and sellers. S&B. Can everybody just write S&B? So I know that you're alive. So I'm not talking to myself. Thanks, Steve. Thanks, Randall. Thanks, Kevin. Brandon, thank you. Lisa, Harry, good, good. Now I got everybody involved. Listen, I'm going to ask you guys questions because listen, you want to be good. You've got to have someone that's going to tell you to know that you had the answer wrong. If you can't answer that question, that means that you're not paying attention or you don't know the answer, which is even worse. Okay? So think about this for a second. If I'm able to tell you where 70% of the buyers and sellers are, what does that work to you? If you could actually now witness where 70% of the buyers and sellers, James says everything, okay? Is it worth $9? Would you pay $9 for that? That I can show you the stock that you win right now that you're going to, I don't know how many shares you trade, $100,000, I don't know. But I can show you where the $100,000 that thousand share buyers and sellers are. A lot. Invincible. Good. That's what I want to hear because the way they go up is supplying demand. Remember that. Buyers and sellers. And what you're about to see is going to be very disturbing because you're going to be like, no, it can't be this easy. Yeah, it is. And you're going to say, okay, so let's move on. CRE, let me just bring up that stock. Another big winner. Stock goes from 20 to 32. Big deal. They're there every day. So let's jump right into it. This is why major traders fail. They don't follow the money. They're more concerned about indicators. They're more concerned about software. They're more concerned about who's on TV. They're concerned about everything that would procrastinate that other than what this should be focused on. The number one reason why people fail in trading is because they did everything for free. So I'm warning you right now, if you're a professional free taker, you should quit trading right now because I can't find a free employee to work for me. Because you know what? If I did, that's all it's worth. All right. So trading is free in this world. So please be careful and remember that. That is about 99% of the failure rate. Now, the other part of the failure rate is that people just don't have the right tools and will never train the right tools. So, you know, there's only a couple of tools that you need. A scanner that's going to help you find the big percentage gainers and losers. A chart without all these ridiculous indicators. Because the indicators, remember, are laggers and not leaders. All right. So just keeping a very simple chart. Something called total view. Okay. What you're going to talk about now and also time and sales. These are basically the four major windows that traders use. Not the seven gazillion ones that people tell you about. You only need these four to help you follow the money. So let's start off with the scanner. Now, some of you are asking me, how did you find that stock MRIN, you know, or the CPOP or the MD this morning. MedS was awesome pre-market trader. We just work off percentage gainers and losers. That's it. And you know, there's a lot of stocks that are trading. And I know some of you are looking at it like, yeah, but how do I know which one is going to give me the least amount of risk with the high amount of reward? You know that? Well, that is about 50% of the failure rate. We'll teach you that in class. And when you do a trial with us at the end of this presentation, I'm going to show you how to scan for them. But basically what we're doing is we're looking for stocks that have very good spreads. They're very tight, not wide. We're looking for stocks that have good volume in it. Something with big, you know, big orders on the bid and offer. So we're able to track it. And there's a couple of stages that you have to look at it, because, you know, obviously you can't trade every single one of them. And we know, and you can't, and please don't think that, oh, they already ran, it's too late. No, they're running constantly, you know what I mean? And not only that, you could short. But it's not all about watching the financial stations, looking at the news. If it's moving, it's going to be in the big percentage gainers and losers. So that is, you know, tip number one. So how do you know when and where to buy them? Because that's the other thing. Some of you found a stock that moved really nice and you don't want to chase it. Some of you look at it like, okay, where's a good buy then? I know you found the foul still, but, you know, is it too late? Is it going to go higher? So the trend is your friend. You obviously don't want to buck the trend. That's the big thing. Always keep that in mind. So let's talk about meds. This stock this morning was a phenomenal runner. By the way, did anyone trade meds this morning? Anyone trade meds? I'm just looking at the chat. See if anyone traded meds. Sarish, you didn't. James, you didn't. Did anyone see it? I mean, this thing at 8.30 in the morning had a phenomenal run. The thing ran from 4.50 all the way to 9.50. And then obviously when the market opened up, it backed off. You only people bought the stock at 9.00. And now they're sitting in there crying. It's at 7.00. They're like, oh my God, what do I do? Do I hold on to it? Anybody's like, wait a minute. Like the stock is up there, but not where I bought it. So the thing is this. Let's talk about something called level two. Now I'm going to end the poll right here. And I'm going to put a new poll. So before I get into level two, I'm just going to ask everyone this one question. Does anyone here have level three quotes? By the way, if you're a student, please don't answer this question. Students of C2 do not answer this question. Do you have level three quotes? So you should basically answer the question in a second. It's not a complicated question. So some of you are like, what the hell is level three? Some of you say you're not sure. So if you're not sure, I'll take that as a no. So we're basically about 90%. Okay. I'm going to share the results or you can see the results on that. This is what I'm about to show you right now is going to be very disturbing. So this is what I'm trying to tell you. I'm going to show you Wall Street's biggest secrets. And at the end of this presentation, as you guys are getting ready to register, I'm going to play a video of me on NASDAQ. If you haven't watched it already, but I've been a regular guest at NASDAQ before they shut it down because it's COVID and NASDAQ wanted me to talk to you, the audience to know what I'm about to teach you. It's not about, you know, what's out there. It's how to drive the vehicle. So let's start off with level two. Let me just get my crayons out here so you guys could follow along. Animation. Okay. So these are the buyers. These are the sellers. Okay. So you got three columns. One, two, and three. The first column is a four letter abbreviation of something that's called a market maker ID. That's basically a description of an exchange like the NASDAQ, the New York Stock Exchange, or like a brokerage firm. That's just telling you who wants to buy the stock. The second column is telling you at what price they want to buy for, and the third column is telling you how many shares. Whoever wants to buy the stock for the most amount of money is up on top. Whoever wants to buy for less money is down at the bottom. Whoever wants to sell their shares of rice, the most amount of money is up on top. Whoever wants to sell it for less is down at the bottom. So basically what you're looking at is a chat room. It's basically a chat room. Everyone's advertising what they want to buy it and sell it for. It's pretty much self-explanatory. Okay. The problem with level two, it's outdated. It's been outdated since the 90s. Okay. They've been trying to get rid of it for a while. And by the way, I know a lot of you here at level two. What does level two cost you? What are you guys paying for it? Exactly zero. And you know what that means? That's all it's worth. Remember what I told you before we started? Okay. So, anything's for free is not for me. Okay. There's no one works for free. And why would they give something for free if it had value to it? It's worthless. And I'll tell you why. Uh, let me just clear the animation. So. So you get to another, the next slide. So. You see how many of you don't have level three. Now some of you like, wait a minute, I know about level two. I didn't know that was a level three. So. Here we're looking at level three. Now what is level three? Level three is basically 20 times more data than level two. Level two is only telling you. Who is the best buyer and the best seller on the, let's say the New York stock exchange. But wait a minute. There's a lot more people on New York stock exchange. Right. There's just, there's not just one guy, one person, one trader. And a lot of people down there. You can't see that unless you have a seat on the exchange. Well, guess what? Problem solved. If you had level three, you don't need it anymore. You don't have to buy a seat in exchange. The data is there. They have to advertise and post their orders at every single price, every mutual fund, every hedge fund, every high frequency trade, every dark pool, everything, that all that scary stuff, the algorithms, all that, it's all being advertised, which means it's being, it's being shown the data is there. So when you looked over here on level two, let me just get my crowns again. When you had the level two right here, you only saw the best bid and the best offer. But now you're seeing every single bid at every single price on that exchange. So that's a lot of orders. Now, some of you are looking at this like, yeah, that's a lot of orders. Like it's a lot of numbers. And I get it. It's confusing. But 95% of what you're looking is worthless. You don't need to see it, which is what I'm going to show you. There's only a specific number that you need to be focused on. And that is something we call here, which is called an iceberg order. You're looking for the big block orders. So let's look at this stock right here, staff. Okay. So staff is a stock that we traded today. And you can see it right here at $3.80. You see how in like 10 minutes, it went all the way down and stopped exactly at $3.50. It didn't stop at $3.30, $3.20. It picked $3.50. Why $3.50? Added every number out there. Give it a notice that you trade and you're like, why did it pick this number, not the other number? Because $3.50 had a 100,000 share buyer out there. Not $600,000, not $500,000, $100,000. And not only that, there were eight different people around the whole world that made that $100,000. Okay. What ended up happening when it hit it? Went up, came down, went up. What do you think is going to happen if you had to, like think about it. Do you want a short or do you want to sell a stock when there's a big buyer at that number? Right? No, you want to buy where the big buyers are. And you want to sell where the big sellers are. That's how it works. Now I'm going to talk about, I don't want to jump ahead, but I can't help myself right now, but there is something called level four. We bring it up here. That stock that we just looked at was right here. You see the $100,000 share buyer right here on the right? That stock, when I took that photo shot, is now trading at $3.90. Why? Why did it go up? I don't know. Maybe because there's 100,000 share buyer out there at $3.50. And you saw the stock go from $4 all the way down to $3.50. And then all of a sudden it stops. It doesn't go down to three, doesn't go down to two. It finally found a support level and went right back up. And now it's at $3.90. If you knew that buyer was at, let's do the math for a second. Think about this for a second. If you bought a thousand shares at $3.50 and you sold it now about, what was that? An hour later, $3.50 minus $3.90 is how much money? What's $3.50 minus $3.90? Can you answer that question? $3.50 minus $3.90. $0.40. It doesn't sound like a lot, right? That was $0.40. $0.40 times a thousand shares is how much money? $0.40, there you go. Wow, $400. $400 times 52, five days a week times 52 weeks. Guess what how much money that is? A $100,000 salary. And you were done in 35, but you're done less than an hour. Does anybody not want that job? Anybody want that job? I'll take that job. I'm nothing against that. So this is what we do at Cybertrain University. We find these what we call these iceberg orders. We find these big block orders and we trade them. Here's another big stock right here. Let's talk about resistance levels. Neo, okay? Stock was a fun stock to trade. This stock literally went from $5 all the way up to $9. Forget about that $0.40 move. This thing really took off. Why did it start backing off at $9? Why didn't it go to $10? Why didn't it go to $15? Why $9? Well, the only reason why a stock will go down is because not because there was resistance levels there, it's because there was sellers out there. And when you look over here on the NASDAQ book viewer, there was 288,000 shares that were going to be sold. There was 626 orders out there. Okay? Is that incredible? No wonder why the stock went down. It wasn't this 7,000 shares seller out there, right? It wasn't this 20,000, 280,000. You're telling me you're going to question and think you know more than him? Yeah. Let me know how that works out for you. I'm on his team. This is why people fail. Because it's so concerned and convoluted with all the other content that's out there. I'm not a genius. I'm far from it. I was just trained, actually, the ones that are smart are the ones that get them in trouble because they think they're smarter than the rest of World Street. You think you're smart on these guys? Yeah. Let me know how that works out for you. You don't beat them. You join them. That's how it works. Let's have a little fun here. I'm going to do a poll. I love the polls. Polls are fun. All right. Is this stock going up or going down, everyone? Let's say you guys answered this question. Is this stock going up or going down? Almost there. Come on. There's almost 200 people in the 300 people in this room. Come on, everyone. Answer the question. All right. I thought we were going to break a record for the first time, and it didn't happen. OK. I'm going to share the results. First of all, what in the right mind does anybody here think the stock is going up? You're telling me the stock is going up? The trend is down. So if you said it was going down, congratulations. If you really thought the stock was going up, I'm really probably quit trading right now because I don't know what you see or what you were thinking. The trend is your friend. You don't buck that trend. All right. So let's go to the next step. And by the way, please don't take this in a bad way. I know I might be a little brash sometimes. I just hate seeing people lose money. They always second guess. And they're like, yeah, it's going down, but now it is a trick question. It's going up. Just listen, don't be like that. OK. It's not worth it. But let's just say everyone made a mistake. Stock's going down. So here's the next question. What is going to make the stock go up? I mean, it's not going to go to zero, which it could happen. What do we need? Thank you very much, Brandon. Randall, you're right. Steve, you're right. No, Steve, you're wrong. OK. You have to write Peter. All right. You need buyers. You don't need support. You don't need a Fibonacci. You need buyers. Now, everyone loves the chart, right? Do you see buyers on the chart? Do you see any buyers on this chart? No. So like buyers are waste of time. I mean, I mean, support levels are a waste of time. Because the past is not always indicative of the future. The only way we could find the buyers is go into the data, go into the exchange. And when we go to the exchange and we look for the buyers on the bid, we could see, wow, holy crap. There's a 219,000 share buyer at 1260? 73 people? No. Could it be that obvious? I mean, there's people looking to buy 200 shares, 200 shares. Come on. What do you think is going to happen when we get to 1260, everybody? Without looking at anything else? What do you think is going to happen? It's probably going to go up. All right. It's probably going to go up. Guess what? Didn't do what you just said. It did exactly what you said. Came right down that 260. Why everybody thought it was going down? Over 90% of you said it was going down and you were right. But the question is, when is it going to stop? Remember how many times you trade and you're like, my God, do I take a loss now? Do I get out of it? Well, you know what? Let's see what's going on the street. And the street tells you there's a big iceberg order out there and it did exactly that. It went from 1260 and went right back down to up to 1360. If you were just sitting there and you were just patient and just waiting and let the stock come to you and you buy where this was, like this example, right? That big 100,000 share buyer, you waited. You saw it go from $4. It came down. It came down. It came down. You waited literally 30 minutes to the right time. Even if you were 15 minutes too late, you finally bought it with this buyer and now you're selling with that seller. You made your days pay. You made your days pay just like this stock is explaining it. Does that seem hard? Did I lose anybody? That time frame is a minute chart, Tim. That's a minute chart. But that's irrelevant right now, okay? Because if you're five minutes, you're five minutes behind. If you're 15 minutes, you're 15 minutes behind. That's not what I'm looking at. What I'm trying to show you here is that stock came down. That big block order was out there, came to it, yet several minutes to get into it, and it went right back up. Morse, I'm looking at level three. This is what I call level three. Okay. So does that seem complicated? Like I just said before, no, it's not. So why are you guys making things so difficult? What I could explain it is who trained you and if someone didn't train you, you probably did it on your own. Would you want anybody to trade your money that learned how to trade the market on their own? I know I wouldn't. I know you wouldn't either. Trading the market is going to be there forever. No matter when you do it, it's not a matter of if. It's a matter of when, okay? You hear these politicians all day. We got to go after Wall Street. Those guys make too much money. You damn well they do. You damn right they do and we're damn proud of it. And if you don't like it, why don't you do it? You know, like, like, don't hate us for being successful. You could do it too. And then you got people that try it and they blow up their accounts and then they're like, you know what? I got screwed. This guy stole money from me. This one. You don't need problems. Let me tell you exactly what the problem is. Do you ever feel like when you buy a stock, sometimes you feel someone's watching you or the stock always does the opposite? It's like every time I buy it, the damn thing goes down and every time I sell it, it goes up. It's like, it's like, I can't do anything right. Ever happen to anyone? Yeah, it happened to all of you. John, happened to you, Mike? Yeah. You know what your problem is? Let me break the news to you. Nobody's watching you. You are not watching them. All this data is advertised. And you know why people fail? It's because they want everything for free. That's okay. Let me know what you're trading because I want to trade those same stocks so I can do the opposite what you're doing. I would love to compete against someone that has absolutely no experience into it. Okay. Could you imagine going up against a poker player and somebody, you know, never played poker before? You're like, or someone that wants to be on track and field. Oh yeah, I heard those people make good money. Oh yeah. You want to race? But we only do for money. I'm like, yeah, okay. I see you guys because you got to pay to get in there, right? Oh yeah. I would run circles around you. And then the smart people say, you know what? I don't know if I really can compete, but maybe you can kind of advise me, but I'll get a coach. I think that's why we have coaches in this world for sports, head coaches, assistant coaches. I don't know any professional team that doesn't have a coach. How do you get to buy and sell orders, Randy? We didn't get there yet. We're almost there. So let's get right to the data. Forget about the chart. Forget about the time and sales. Forget about the dumb indicators. Let's go right to the exchange. Where do you think resistance levels would be on Intel? We're looking at the stock Intel. Where do you think everybody? Where do you think in theory, if the stock was going to go up, where would you think it's going to stop? Where do you think the stock is going to resist it from going higher? If you don't know the answers, give me a question more. I'd rather be honest. Well, to give you guys a little, for some of you that a little lost, okay, resistance would be your sellers, right? So work your way down here on the sellers and tell me where you see a big substantial seller. Okay. Well, 4,000 sounds like a lot, right? 2,000. I mean, 2,000 is more than 700. 4,000. That could be interesting. There's 14 buyers. Okay. Still looking. Still looking. You know what? I like the guy at 76,000. That I could say $61 sounds like a pretty, you know, popular number. You know, most people are probably thinking 61, 465 sellers out there. That is definitely where I would be focused on selling it. Okay. Hands down. Anybody disagree? So let's change the slide. Looking at this chart, everybody thinks it's going up. The trend is your friend, right? We just contradict what you said before. Oh, yes. Intel, great company, tech stocks are doing really well. Everything else. Yeah. Okay. No problem. Little does everybody know that's reading a chart or an indicator, which we just learned. They don't know that we're coming up to a big, you know, 61,000 share seller, which is probably 20 to 50 times more than norm average seller than most sellers are out there. Okay. And guess what? If you didn't know that, and you thought it was going to go higher, now look what happened. The stock just dropped down to 670. For what reason? Because some 200 moving average told you so. CJ has a good question. Can we trade options using this? Absolutely you can. And like I said earlier, you want to be a good options trader. You have to be a good stock trader first. How do you know what option to trade? If you don't even know if the stock is going to move. You understand? So yes, you can apply this to options, but this is a lot less riskier than an option. Because options are spread a little bit bigger. You got time. You got, you know, there's more volatility here to get in and out of it. So sometimes as a business decision, you always think about trading the stock first, then you'll consider say, you know, I like the stock, maybe I'll do a swing trade. And then maybe you're like, you know what? I might trade the option trade on the stock. You know, but you might not have a good option trade out there on certain stocks. So that's why it's always easier to trade the stock first. Now we call these iceberg orders. Why we call them iceberg orders? Because it's all about what's at the bottom of the water, not the top of the water. And I came up with this word iceberg order after watching the move Titanic. I know we're all very familiar to Titanic, very sad story, beautiful ship in the world. Everyone died because, you know, they're all concerned about the beauty of the ship other than the safety of the ship. And it's not what's on top of the water in iceberg. It's what's on the bottom. And if you don't have the right radar and you're not looking at the bottom, guess what? You're going to sink like them and blow up your account and you don't want to do that. It's not fun. Now the next question people always ask me, which it's coming up next. People always ask me, how do you know these are real orders? I heard the fake orders. Listen, this is not fake news. Okay? You tell me a brokerage firm that allows you to put fake orders out there. Okay? Anybody that says that those are fake orders, do yourself a favor. Run. Run. Get out of there because they have absolutely no clue what they're talking about. There's no brokerage firm that will let you put a fake order out there. Now, could somebody cancel in the water? Of course you could cancel in the water. We change our mind all the time. Hell, people get married and they change their mind right through altar. And like, that could happen? Yeah. Of course. Go on YouTube. You can see a couple of them out there. All right? Trading. Can you cancel it? Absolutely. But how do we know these orders are getting executed? Now, I have a book that was written, published by Wiley. It was called, How to Beat Market Makers in their Own Game. You can buy it on Amazon. It's a very fast read. It's a very short, quick book. It's great for a starter. But that book is, I'm a tape reader. You heard about these tape readers before? Well, that's what I am. I read the tape. I watch the orders. So I know exactly if the buyer is getting executed or the seller is getting executed because it's the direction of them that make the stocks move. So let's look at a stock called SKLZ. This stock right here had a 120,000 share seller at 1450. Now you'll notice the stock blew past 1450 and went all the way to 16. Well, how is that even possible? Well, you can see it from 930, it ran up, hit 450, came back down, hit 450, came back down, finally it broke it. So over the course of about an hour, hour and a half, that resistance level kept getting tested. Okay. Now don't come out there and say, oh, that's easy. It's a double top, a triple bottom. You know, had a triple bottom. Do me a favor, forget about that stuff. I mean, I hate when people talk about that. There's nothing to do about triple tops and double bottoms. It has to do is that there was a seller out there for 120,000 shares and he got executed and he got executed a lot and he got executed fast. Look at all those transactions. Green, green, green, green, green, green, green. 450, 450, 1450, 1450, 1,000 shares, 2,000, 5,000, 3,000. The guy was getting sold. Listen, that could happen. Warren Buffett can go out there and say, yeah, I'll never problem buying 120,000 shares of the stock at 1450. I kind of like the company. Yeah, that could happen. So that is your resistance, but resistance get broken all the time and the way it gets broken, that seller gets executed. It's all about following the money. So when you look at your chart and like, wow, you know, stock broke resistance. How did that happen? Very easy. There was a big seller out there and he got executed. Now, hopefully I'd answer your question about fake orders, tape reading and, you know, how these stocks break these support resistance levels. Now let's talk about what happens when the stock breaks the support level. Here's a stock, CLNE, nice trending stock, right? All of a sudden you might sit there like, oh my God, I'm losing money, but it's holding right here at 13. Please do not get past 13. I'm losing too much money, but it looks like it's holding. Okay, 30 minutes go by. Another hour goes by. You know what? It's lunchtime. I'm leaving. You know what? I can't afford to take a loss. I think it's going to come back. Next thing you know, got 100,000 share buy, which you probably didn't know that, but then you look at the tape, look at all those transactions, 2,000, 5,000, kind of got executed and you wake up the next morning and you come back from lunch and now you're down to 11. It was a hell of a lot cheaper if you just watched that order and see if you got executed. Like I said earlier, does that seem hard? Does that seem difficult? It's not. It's really not. So when you're sitting there and you're analyzing and say, my God, how did that stock go down so fast? I mean, like, like, that's like, I never seen a damn. Well, if you watched the time sales and you saw that guy that was holding up for you before, you probably to figure that one out. The expression is not executed. It got filled. Right. Well, the way, it depends how you look at it. He did get, it's the same. He got executed or the orders got filled. So they mean the, virtually they mean the same thing. So everyone, any questions so far? Any questions? Everybody getting it? Think about this for a second. We've been talking about what? 30 minutes. Could you imagine what you would learn if you were in my trading room and I could show you this live? Anybody want to see this live in the market? I mean, think about it. How many times are you in trades and wish you, and thought you knew and you probably know this. You said, I bet there was someone out there. You know, it could be Warren Buffett. It could have been, you know, whoever could it be. It could be, you know, Ken Fisher, it could be anybody. Like I, I feel like I know someone. It's like someone that went out there and dumped that stock. Think how much smarter and better trading decisions and how more successfully you can make a career in trading if you were able to follow the big money. And you know why people fail? It's because you got to learn before you could earn. And I want to show you all this stuff. Everybody here, I want to invite you in my trading room and I want you to come and see it live in the market. Okay. Hold on a second. Looks like we have a new IPO to open up Krispy Kreme. Just want to bring it up here. See what it's doing. What was it? Donut? DNUT. Yeah. Looks like everybody wants Krispy Kreme. So anyway, cyber trade university. Listen, been business for 20 years. That picture I just showed you was through Charles Schwab. Charles Schwab doesn't need me. But they know if they have an educated trader, you'll be successful with them. Metastock, trade station, thinkorswim, tastyworks. I do presentations for all of them. And by working with them, listen, a lot of these schools can't tell you, a lot of these brokerage firms can't tell you what they do, but we're endorsed by them. We also have a triple A rating on Google. We got a perfect record on the Bettis Business Bureau. That alone speaks for itself. Because I care to teaching you guys being very successful at it, because I want to make money with you guys. So we do something totally different than anyone else. So this is what I want to do. I want to invite every single one of you to come in my trading room and I want you to see what we practice, what we preach. Do you need a platform? Scott, no. That's the least of your problems. Please don't buy anything. You'll have to buy anything. What you need to see is what's involved, how it works, and how you could be very successful at it. So this is what I'm going to do. I want you to come to the trading room. We're going to do live trading in pre-market. We start around 7.30 in the morning. We're going to do a live commentary right when the market opens up. We got a Q&A session that we do on Tuesdays. We've got plenty of free time just to go out and maybe go see a movie or something. Just hang out because there's only two good times to trade the first hour and the last hour. We do live commentary in there. So you're going to be there for a whole week. And all this for $9. Okay? For $9, I'm going to give you 100 hours of recordings. I'm going to give you premium workshops. You're going to get a crash course on day trading. And if you're not happy, I'll give you money back. Okay? If you're not happy after a week, listen, I don't need your $9. I'll tell you what I'm looking for. I'm looking for traders I can train I can make money with. That's really what I'm looking for. So if you feel that you have it in you and you want to trade and you want to see this live and you think you could do it, then $9 honestly, it just tells us if you're a real person or not. I don't know who you are, where you came from, whatever it is. So it's just basically a price that we charge for just to let us know if you're, you know, you say who you are. But that's basically what it is. Now the link is up there. Click on now. Now I'm going to do this as a bonus. I'm going to throw a $500 bonus in there. If you register right now I am going to give you a free coaching class that's a $500 value. Why would I even pick up the phone and talk to you is because I'm looking for traders that I could train I can make money with. So with that trial you're going to get an appointment you're going to watch the classes you're going to see the traders trade and you're going to be able to get a coaching class. What more would you want? Listen, a lot of you here like one of you said do you do futures whatever I don't future trade if you look for a future trader I only know two three people are very good at it. If you're looking for an option trader I know a couple of good very good options instructors but you know what trading stocks is actually the easiest thing so why don't you go out there try this first and we'll go from there. All right. What more do you have? $9 money back guarantee $2,000 of value right there. All right. Now does anyone have any questions? Look over here Any questions? Do you need a specific trading I think I just said that Scott no you don't you don't need anything. Can we use total of you anytime we want yes you can. It's open well only during the market hours but you can look at it in pre-market. Okay. Any questions? Just a couple of people just people as people registering Richard I just got your trading from Illinois welcome aboard oh by the way when you fill that out very important there is a in that application fee there's a couple of questions that we ask you please fill them out as best as you can we need to know a little bit about you we want to make sure that you don't want you to get into trading if it's not for you so if you want us to be as honest as possible answer that let us know did you take any training from anyone you know who is your broker how much money you have in the market all these things come to factor because some not everything here is for everybody any other questions hold on a second will this work for options yes and it will absolutely it will any other questions level three access you know how you get it pay the nine dollars get in the trading room let me show you how it works and we'll tell you where you can get it please do not buy a single thing you can do your research you'll end up finding it we don't want it we don't have the responsibility it's educational purposes by the way it's going to cost you more money to buy it pay the nine dollars and go from there just going to do a couple of shout outs right here a couple of people also just registered CUE it was first we got 20 seats I only could do that I could do that that five hundred dollar bonus only for 20 people we got close to almost 200 people in here I can't talk to everybody Amar I got yours from Illinois Brandon I got your registration from Waco Texas welcome to the team Kevin Brown from New Windsor New York got your registration alright any other questions can't get the link for nine dollars and it should be right there it was posted let me see something here you can also looks like everyone's registering so you shouldn't have a problem there you should be able to see it right now we can also email you the link it won't it won't submit you can go right to our homepage or our site just type in that right there ctu.co forward slash trial you can also go to that directly okay a couple other people here just registered Joyce I can see you guys starting to come Joyce from Singapore oh great is it late there in Singapore right now you got a couple people from Australia all over the world Tim got your registration Tim Young from Ohio just got your registration Amar I got Amar I got your registration so you never took training from anybody okay I can see that Kevin you did take some education okay good good alright so listen I gotta get ready for the market I want to get back with my traders looks like we're having a couple of stocks moving I'm gonna watch that Krispy Kreme stock that's moving but please don't waste any time think about it I know a lot of people are scared about day trading you hear the bad the ugly it's actually very easy to trade it's very simple it's like black and white it's actually 10 times harder to do options and futures like I said if you're not making money within 30 days doing something you're doing now you might want to try something different go out there and try it what's the worst thing can happen you lost $9 you get your money back listen you only got to be in the room for one day one hour first hour let me show you how this thing works and then we'll go from there you're more than welcome here we look forward to I'll see you in the room I'm here Joyce it's now 1pm in Singapore okay alright a couple other people just registered just getting across here prom from Calgary but we have a lot of Canadians from Canada tons of them that which is great a lot of Canadians which is awesome I say 20% of my traders all Canadian in the room David from Mississippi just got your registration and okay there you go and is that you from San Diego I know that's uh San Diego I think that's it yeah I was at California I think I got your registration Randy Johnson from Utah just got your registration does it begin next week okay so Tim whenever you want to start I would start listen um on 4th of July this weekend if you can jump in tomorrow we're going to extend it your trial but um I listen it's fresh in your mind I start right away you know I mean but you got the videos you can watch them as you're going along the market's been a lot of fun lately just go out there and just have fun start trading and now you know it's not jumping right now if you can but if you want to start on Tuesday you can do that every one of you are going to get an education advisor they're going to book your appointments they're going to do a walk through with you they're going to tell you what you look for you don't want to go into the room to be confused so you know we want you to get the best experience from cyber trading university and when the better experience you get the easier you understand and then you're going to know why you've been around for 25 years alright uh who else we got here uh Jason R from Illinois just got your registration Dan B from uh Nevada Henderson Nevada got your registration jack uh baguette from I don't know what that is what state looks like you put the wrong state but you're from somewhere in the United States alright start Tuesday if it can that's fine that's fine Tim just get you just get everything set up now when you talk to your trader by the way that Dunkin Donuts trade is doing awesome uh I bought it you can see Dunkin Donuts doing pretty well right here crispy cream since we started uh and we started talking it just had a really nice move looks like it's really it's moving really nicely I'm just curious to see what it looks like on level four DN UT Dunkin Donuts let's look over here on level four there we go so we got some uh we got a nice little 20,000 chair buyer at 17 we don't really see any sellers out there that's a good sign no sellers no resistance that's why I look at it alright so thanks again everybody thanks a lot don't go anywhere as you guys you register I'm going to play the video of me on Nasdaq that's going to talk a little bit about level level three again so you get to appreciate that watch that video fill out your questionnaire and listen if you didn't sign up listen I get it it's not for everybody maybe not ready right now but um but please do yourself a favor you got to learn before you could earn don't go out there and try to do this on your own the worst thing could happen like I said you learned something you should learn a little bit about all the markets if you taking training from someone before you know what and you like what's going on that's great but you might great traders never stop learning from other traders so go out there and practice more and more and more alright guys thank you so much see you all in the trading room be safe and for everybody in Canada happy happy Canada today and everyone we'll see you after the 4th of July and happy birthday America welcome to Nasdaq trade talks I'm Jill Melandrino global market reporter at Nasdaq joining me at the market site in Times Square New York City we have Fausto Puglici is the founder and president of Cyber Trading University we're going to take a look at how traders are using total view and Fausto could not be a better time to have you in with us at marketplace because with everything going on the volatility we've seen in the market since you were with us in the middle of February last time that was pretty crazy traders are asking themselves what's the bottom what's the top but as a day trader you can kind of get inside look when you're looking at a single stack what is Jill is that thanks for having me again and yes when it comes to day trading people realize that what happens over the course of the day which trickles down to a swing trade into a long-term investment and my phone's been blown up people could ask me Fausto bottom is this the bottom because I'm looking we're looking at the market all day and honestly this how you really know it's the bottom when you have the worst of the worst of the worst news and just constantly old negative stuff and the markets not going any lower that's when you know it's time to buy so as you see like a lot of bad news keeps coming up and so what happened yesterday when they load the fed rate by a half it took for a big decline and all of a sudden the markets up with about almost like 900 points so far so and there's still a lot of bad news that's coming out with the coronavirus and everything else but that's really when you know when you hit the bottom so for some of the listeners out there that really were missed a boat when the market had a big rally you almost hit 30,000 you know these are the opportunities you know honestly it is like the same thing I saw back in 2008 when we had the financial crisis so once you start seeing all the bad news things start looking at our example here today we're going to look at ticker symbol MRNAS like listed of course what are we looking at where's the levels that you're looking to sell okay so listen what is MRNA you know I keep bringing up stocks and people like what is this company it doesn't matter we're just here to make money the main goal about total view and you have to understand how it works how to know where the buyers and sellers are it's all about supply and demand that's why it's such a great tool so we're looking at a chart right here and we're looking at the stock right here and the first thing people notice started this morning it's at 2580 it's at 28 is it going higher now the goal is why does the stock keep breaking out it hits a resistance it comes back down it breaks the previous resistance keeps going up how do you know it's going to keep breaking higher highs and what we're going to do this time is we're going to bring a video so you all can see exactly what it's like to see in the real market conditions alright so let's move on to our next slide here let's take a look at total view I'm going to let you take the reins tell us what's happening here okay so we got like a little minute video here and the key here is time and sales these are the transactions that taking place we're looking at level 2 level 2 is basically people get for free but it doesn't give you the depth of data as total view does now the key here is that you see you don't see that many sellers out there you're just seeing the best bid and best offer of that exchange but you'll notice how the stock keeps going higher what we need to focus on is the way you see the big sellers and you're looking for big orders you got a 50 51 different orders out there right around 20 28 things going so quickly I try to slow it down so right around 28 $2850 so that is really your resistance level so when you're looking at a stock going out going higher you're going to say is the stock going to break out so you see it's coming up to this guy right here really quickly you see it's coming up it's coming up to this person right here 70,000 shares 5,000 shares so it's going to come up to that seller now the goal is this is that guy going to get executed remember you have 100 share sellers 300 shares, 1,000 you have a big order out there you want to see that guy gets executed and that's how it breaks out remember what makes support resistance levels is buyers and sellers so you got a seller out there so we're coming up to that seller right here now the goal is to look right here and see if that seller gets executed and you see it's coming up to the seller and boom the guy gets taken out it's actually executing it boom boom boom boom boom look at that see all those trades actions as the stock goes up from 250 we're at 260, 270, 280 boom like that as quickly as that that's why it's so important to know where the orders are no way the resistance and see if the guy gets taken out now when we get to the next slide look at it we're already at 2880 yep and you can see it starts to see it's 35,000 orders exactly now this is the next order the next question is here's the next biggest resistance there's 33,000 shares there's 100 different orders out there now then that's where the next resistance level is so the goal is you hit a resistance where's the next resistance the next resistance is the next biggest seller so now we're coming up to him and we're going to see what's going to happen when he gets to 29 yeah it happens so fast well also this is about a 5 minute video that I was able to capture when we traded the stock and it kind of speeded it up over about a minute so it doesn't move as quickly boom we hit 29 the guy got taken out again and look at the stock just took off again and the thing I want to explain to you Jill when you listen you have to understand is that when you have a big seller out there and that guy gets taken out that is a very big demand someone says wow I'll take that 30,000 shares and that's why you get the stock that really really starts to take off now the next thing is that you're going to get some resistance levels it's going to start backing off there's always profit taking going on so when you have profit taking going on profit taking or is it just people just or is it really going to go lower in this case it's not seller got done remember we just watched the stock go from 28 to 29 now look at it we're at 2950 already stock just keeps going higher and higher because those sellers are getting executed as those sellers get executed that means there's a demand for it when you see big block orders out there it makes a bigger demand and that makes it higher now the next resistance level obviously is going to be focused on where the next biggest orders are so we got some we freeze right we're done nope we have a little bit more to go here we slow down over here yep we're done so the next video we're going to show actually go to our slide here so this is where you're looking at those levels right so we look at the seller so we have a 67,000 share seller at 28 so now we have to look what's what's what we call iceberg orders what does that mean okay so it's a funny story so I came up with this word about 20 years ago after watching the movie the Titanic okay I should go watch that movie very sad movie I definitely recommend it so anyway what happened to Titanic it hit an iceberg and the thing is everybody was focused on the pretty of the ship and above the water they didn't realize it's not what's up above the woods at the bottom of the water icebergs are really big so what happened it it crashed and it sunk so what we're looking for is big iceberg orders which we call some people call them big block orders but when when you see a big big order it's called an iceberg order so now we're looking at a 28-90 and we're looking for a resistance once again stocks going higher we need to focus on the next resistance level all right which is on the next chart here particular yep so here's a quick little screenshot so as we're looking at it you see it's a lot easier when you're focusing on when you're just looking at the level of the total view and it's easy to point it out now please keep in mind your listeners have to understand we're fast-forwarding this pretty quickly to get to the point it doesn't move this quickly but I'm showing right here is the quick screenshot what we're focusing on is this big order right here for 73,000 shares and there's 30 there's 315 different orders out there making up that 73,000 now the thing I just want to point out is I just want to teach everyone a quick little lesson don't ever sell anything at 13 30 dollars go out of 29.99 you just cut the line by so that's for anything that's like an even number biggest trick I was told by my mentors when I was younger listen everybody's going to think 30 they're going to think 20 go out 21.99 you just cut the line by 73,000 shares that's a very good lesson it's like selling a house or buying a house it's like that those incremental psychological levels well if you remember if you look at it the stock has a penny intervals so that's a little tip but the thing is let's focus what happens to the 30 just right off the bat you know that's a major resistance levels and that's what you have to focus on for this to stock to go any higher it's got to get through that 73,000 share seller on total view that next side see what happens next now we're going to get the other piece of the trade now we're looking at the stock moving here's 29.45, 29.48 62 67 so the sellers are getting executed you can see the transaction is taking place but we know that there's that guy sitting right here and now his order is coming up look as he's starting to make up the ranking it's getting up to 30 it's getting close to him so let's watch what happens 74, 70 look at the transaction is taking place it's trying to get there and by the way those orders they're all real people think like that fake those are real orders can a guy cancel it of course they can cancel it but that you have to take very seriously and that's a real order out there so now as we're looking at it and as it's trading it's trying to get there actually it kind of almost tested it you see that right there? and now starting to back off now you're starting to see the red candlesticks so now it means that the last sale is lower than the previous and this works for all kinds of stocks ETFs would it work for ETFs also? ETFs futures it works the same way remember it's the movement of stock that makes all those other things ETFs and everything else you could look up any ETF and it'll come up on total view look now we're down to 29 so my point that I'm getting to is this if you didn't have a game plan Jill and you try to like and actually if you go to the next slide this is exactly what you were talking about there's your level right there if you didn't have a game plan and knew that seller was out there and look at that candle that stock literally moved look how fast it moved in that one bar chart if you didn't have a game plan to get out there before that guy was out there and if you didn't what we call shaving if you didn't shave just before that 30 and cut that line guess what you would just look how much money you would have lost you would have been crushed on that trade because what happens if that seller is out there and he's not getting executed he really had to sell that order Jill how is he going to get out he's got to sell to the buyers if he hits the bid he's learning that stock down not you and I remember we're not trading 74,000 someone else's but and it's not one person we saw it it was like there was several people out there doing it and that's how you got to focus on using the total view when you trade in today's volatile markets all right so cool to actually watch it happen trade talks I'm Jill Mellon