 workshop that I'm going to be doing. You could actually watch it as a recording, everything else. You got the link right there. I'll post it up again at the end of it. And also, if you're like Cybertrain University, we've been around for 30 years. Please like us and friend us. We broadcast live every morning on YouTube, social media, Instagram, Facebook. We're on at 9am of the morning and we're back on 230 going through exactly what we're talking about today. But right today I'm going to go into more of the details how we do it. But if you want to come and join us, please subscribe us. And most importantly, like us. Now, let's talk about exactly what is that whole thing that just showed you about the 9 o'clock in the morning of the live broadcast and the trading room. Well, you know, the thing is this, we start trading at 8am in the morning. Some of you be like, that sounds early. Some of you might say it sounds late depending on where and what part of the country or part of the world that you're in. But the thing is early bird gets the money. That's how we kind of go by. And the big thing is with the book map, which a lot of you probably don't know if you're watching this as a recording or whatever. But there's a lot of tools like the book map where you can get pre-market trading. We do most of our trades early in the morning because we have access to the market just like you do before the rest of the main street has it. And they don't know that. If you deal with some of these online brokers and I'm not here to pick on them and make fun of them. But the thing is if you want to be successful, you got to have access to the market early. But the thing is this, how do you find which ones out of that are moving in the morning that are going to move when the market opens up? Well, I'm here to kind of talk about how we find our stocks, what makes them what we call treatable and non-tradable, which means what stocks give you less risk with more reward, you know, and why we would trade one versus the other. Now, I don't know if all of you here have watched me before, but some people like, I never heard of that stock. I know your traders in your room and your instructors, you know, I saw your trades, but where did you find that stock? I'm going to tell you exactly how. But the thing is this is where people get confused. We're over 20,000 stocks out there. Okay. How do we know how to find the one that's going to give you the least amount of risk with the high amount of reward? That's what we're going to do. Because by understanding that, the book map is going to come in after. Now, book map platform is a absolutely phenomenal platform. Like I said, we use it every day, but you can't, how do you know when to use book map? Because book map is obviously probably your last step that you need to do. And not in a bad way. It's just that you don't want to go out there and trade something that is extremely volatile, extremely risky, not knowing that you've been in the trade. And then you go to book map, you're like, oh, this looks pretty good. This looks pretty easy. And then you're wondering, wow, I'm making money. And by the time you sell it, it becomes a loser. Or saying like, I don't understand. Or maybe getting into a stock and not knowing you sold one price. And by the time you get out, it's a different price. These are things that we call tradable and non-tradable. There's three things that we teach at Cybertrain University that I was taught as a market maker. It's called tradable, trend, and trap. That last T of the trap is the book viewer. The first T we're going to focus on is the stock, which gives us how we find them. And the second one is the trend. And then obviously, checking out the book map and see, okay, now we know what we're going to trade. How do we know which one's going to move? Where are those orders? Because actually, what the book map is all about. It's not focusing on the past, focusing on the future. Now we work on something called the percentage gainers and losers. Every broker term offers it. Problem people look at this and they're like, you know, FALSTO, there's a lot of stocks that are moving on that watch list. How do you know which one is going to, why you picked this one versus that one? Now Bruce has, you know, Bruce did mention too early before we started, but Bruce goes all the way back in the days when he used to watch me do trader's challenges. I'm actually a 12-time champion at the Money Show. I beat every school I went up against big deal. That doesn't make you money, right? The question is, Bruce is sitting in like all those other hundred people who should watch me like, and they're trading these stocks. I'm like, well, why is FALSTO trading that one? And they're trading this one. Well, like I told you, going through the big percentage gainers is very key because I want to trade stocks to have good volatility. Stocks like that are up 65%, 25%, 10%, not these stocks that you trade every day at one, two, three percent. I'm like, but I never heard of these stocks. But the thing is this, we work off the big percentage gainers and losers. And I just want, I don't want to go over or kill about it. But like I told you, I'm going to show you some stocks that we traded. I'm going to go into the market and I'm going to show you the book map. But like today, there were a couple of stocks that are moving and there are some stocks that you, a lot of you here are like, I don't know, I'm looking at this and it's not moving. So going through the most active is very key. Now, how do we do that? Let's talk about some examples that we have. Let's start off with a stock that's moving this morning called ABGR. Now, ABGR, you could see right here was the second biggest percentage gainer in the entire NASDAQ market. Now, you're like, well, what about CATX? What about WorkR? What are all these stocks? Like, why did you pick that one specifically? Well, there's a couple of reasons why. First of all, the stock is trading some big volume. Stock is, you know, when you look at CATX, it's 34 cents. This stock is $6, a little bit more expensive. Why don't we, what about number four? This one's basically trading 28 cents. I don't like to trade stocks under a dollar and I'll go into detail with that. But then you have a stock right here at MARI. It's at $5. So there are a lot of stocks out there. So what I'm looking for, stocks that have a lot of volume, which means they'll have a very tight spread and it has good volatility. So that's one stock. Now, let me just bring up the stock and show you what we got going on here. AVGR. And you can see AVGR right here. I'm going to bring up an execution system to show you what we got. So AVGR, the stock was, if you look right here, it was at one point at somewhat time of this year, it was about $24. Stock got destroyed. It was all the way down to four. Now, when you look at this, here you have a stock that starts this morning at 9.30 and was hovering somewhere around here around $6. It shoots up all the way up here to seven. And then right around here around 10.10, you'll see the stock go from $7.20 and it shoots all the way to $8.40. Now, why did that stock gap up on pre-market, then go up again and what we call consolidate and do another pop? Well, let's think about this for a second. What drives stocks up and down? Supply and demand, buyers and sellers, that's it. And the problem with a lot of traders out there, they'll go out there and focus on the past and look, okay, the stock's going up. Where's resistance? Where's support? That doesn't work unless you have those same buyers you had in the past that are in the future. And when we look over here on Bookmap, we'll see right here that we had this really big run up. I'll bring this up over here and show you what I'm talking about. So right around here, when you look at the Bookmap, you'll have like a little bit more of a heat map on it, okay? And you'll see all these lines, orange lines, red lines. Now, if you'll notice this kind of looks a little messy. You might look at it like, you know, Faso, I mean, maybe some of you advance or probably understand what we're looking at. I can get into more detail about it, but I want to focus more on the beginner's part. And I think this is where people get discouraged. You look at this and you kind of get thrown off. So that's why maybe I would not consider trading this stock, even though it had a really good run up and the stock went up really nicely. It's up, now it's up about 67%. It was up about $2. You know, it did back off because of resistance or some sellers. But maybe there's something less risky with more control. So let me go back to my PowerPoint. Another stock that was on there this morning was Nikola, okay? Now, Nikola down the list was number seven, trade 166 million shares and it's up 25%. So I want to go and look at Nikola, okay? Now, Nikola is now just made number five on the big percentage gainers. Now, look at this stock really quick. Look how pretty the stock is. Started around nine o'clock this morning at $1.25, okay? And then around 10 o'clock it ran to $1.45. Now, you might consider it be like a deal, 20 cents. You know what? If you put $10,000 into that idea, maybe $12,000. You bought 10,000 shares and that stock moves 20 cents. You made $2,000. That's about a half a million dollar salary. Oh, now all of a sudden things change, right? Never looked at it that way. Let's say you bought a thousand shares, okay? You made a $1,000 investment, $2,200 investment. You made 20 cents. That's $200. $200, if you do that every day, 30 minutes is a $50,000 salary. Now, listen, I'm not here to talk about the big six figures, this and that. Some of you probably would be happy with that. I know I would, okay? But the other thing is this. As the day game went on, it went to $1.63. Now, where did we find that? Which I showed you right here, okay? Very inexpensive. It's on the big percentage gainers and not only that, but you could see it right here on the big watch list. Now, what drove that stock up, you might ask? How could we have known that stock was going to go up? Well, you're going to love this one. I'm going to hop over to the book map, okay? Now, I'm going to zoom in over here and I'm going to show you something really, really cool. So, here's 930. Everybody see this right here, 930? You see this little red little line right here? Somebody showed up right around that time and if I click on it, you'll see that number right there is, if you look on the bid, that's $468,000 shares. Somebody went out there wanted to buy it, okay? That is not chump change. The power of book map is that it shows you those orders that are out there and now, if I zoom in a little bit closer, maybe you don't see it or whatever. I'll bring up a little closer. We'll see right here. Here he is right there and then all of a sudden there was a seller here for 500 but he canceled his order. Now, why would anybody cancel their order? Okay, is it spoofing? Is he trying to like, is he really a seller? Maybe he's trying to, whatever it could be. But at the end of the day, you know what? When as time went on, he canceled, he showed up. Now, why did this guy cancel? Well, two reasons. Obviously, the stock's at $1.28. He's at $1.18. No one's not selling to him. So, he can do two things. He can go out there and cancel his order and start hitting new offer. Now, you notice that there is another thing that was very attractive about this screen right here. Right here, there was a 230,000 share seller and there was another seller for $250,000, $48,000. There was another seller for $270,000. What is that called? Resistance. Sellers make resistance. The difference between this buyer and this seller is that seller got executed, which means someone boarded from him. How do we know that? If you watched my previous video, I did a detailed video on Bookmap the last time I was on the last episode talking about price action. Definitely want to watch that one and once again, make sure you like it. Maybe leave your comments there. We'd love to answer you back on it. Look at the volume here at the bottom. The buyer got executed. Guess what? He got executed. Stock went higher. That buyer got executed. How do we know that? Look at the volume bar. Look at the green balls. What happened to this guy at $1.40? He got executed. Look at the volume bar. Look at the balls. So, what happened was this is called a ladder effect and this stock went higher and that's why you have another stock that had a basically good move all the way up to this price right around here. Now, all of a sudden, now we have a $497,000 share seller show up at $1.65 and now you can see that we're trading within a range of this $1.65 down to $1.50. That's why the stock right now is hovering. Now, listen, I know this doesn't sound super active. I know this doesn't sound... Oh, by the way, the guy just cancels order, which means probably he changed his mind. But the thing is this. There are other stocks that you could also trade, like large cap stocks and I'm going to look at some large cap stocks because some people here, they look at these stocks and they're like, you know, Fausto, I'm not really a fan of an expensive stocks. First of all, I don't know why anybody would say that because less risk, more reward. Why are you here to make money? That's what I was taught. And when I was a trader, when I started out, do you think my boss is going to give me the responsibility to manage a million, a $5 million account and say, oh, you're starting? Oh, yeah, no problem. Here you go. I'm going to give you all this boatload of cash. I want you to trade an expensive deal. Go out there and do what you can do. Listen, would you put somebody, let's say you're in the heavy machine business, you know, driving tractor trailers and stuff. Are you going to put somebody on a crane to work on a building that just came out of, you know, you just told them for a day? No, not at all. You know what I mean? It's the same thing. But some of you are doing it and we're going to talk about it. Let's talk about Tesla. Okay. Now, Tesla is trading somewhere close to around $300. 300 versus $1.20. Number one, do you need a lot more money to do it? Secondly, you're going to be dealing with the best traders on Wall Street. If you're cool with that, that's fine. No problem. Let's go look at Tesla, because I know a lot of people like looking at it. Now, Tesla, let's bring this up right here and blow this up. Let's look at the book viewer. So before we do that, let's look at Tesla right now. So Tesla, this morning, right now, it's down about $7. And it's been on a little bit of a downtrend right here. You can see it started around eight o'clock. It was trending down, which is a great way of looking at it going short, which I hope a lot of you do short because shorting is awesome. At $227, once the market opened up until everyone knew about the short, and then when the street, like some of you, got in, boom, the thing dropped so way to $264. That is literally almost a $8 drop in a matter of 15 minutes. That was a great short. Now, the issue though here is it's expensive, and you know what? You deal with the best traders on Wall Street, but it's okay. We're going to check Tesla anyway. Let's go check out over here and see what happened and what caused the stock to go down. So I'm going to zoom out. I'm going to zoom. Go back a little bit in history. Hold on. I need a little more data here. Right now, I'm only back an hour. Let this thing go back. Now, Tesla, just to kind of let you know, I do like trading Tesla because it has good heat signs on bookmat. So you could see some of these big, big orders. The only thing is, you know, you want to trade a thousand shares of Nikola this morning. First, trade 100 shares. Actually, you have to trade 50 shares to equivalent to that thousand. So, you know, you got to make a bigger move in this than to trade that one. As this is loading because Tesla does have a lot of data, you could see it up here in the red. It's still trying to bring up that data. Just waiting to kind of get all that data in there. You could see right now that Tesla does have some big red lines. You got a big one right here at 265. You got another big one here at 270. And you got another one here at 264. Hmm, 264. That makes sense. Why does that sound so familiar? Oh, I know why. Because that's where it hits support levels right here. Right, see that? So not only is he out there as we speak right now at 130, 120, whatever time is, he must have been the same person who was out there at 9 o'clock this morning. So we're done with the data. We got it up here. We're going to go back. Now we can zoom out a little bit. And you could now when you look at this, does everyone notice these little heat lines? Look at these little heat lines right here. You got one right here, which looks like it broke it right around 165. But then you got this one that showed up here at 164. 165 was the same. That one right there. You could see it right here. And then you could see the resistance levels right around about 270. Now, when you look at pre-market, you could also see a lot of these orders in the pre-market. But the majority of these orders will start kicking in right around here when the market opens up. What makes this so very attractive is that not only can you look at it as a day trade, but here at Cybertrain University, we also teach swing trading. And if some of you are looking here on the long-term chart, you could see, okay, well, you got a big line right here at 278. You got another one here at 260, which by the way is way, way out of the range of the stock. If you zoom out a little bit further, look at this. Now you're talking about a 190,000 share seller at 280, another 100,000 at 285. So now you're getting a little bit more of a range that you can use it towards a swing trade versus day trade. Now, if you're day trading, obviously you want to focus on these prices that were here. And if you're swing trading, you can look at those bigger trades down there, down in the distance. So getting back to the chart, all those supports and resistance levels make sense. 264 to 265 to 270 right around here. It looks like more of a resistance here. Let's go look at the long-term chart. And so we got right here, but we saw 280. There's your resistance at 280 right there, resistance levels there. You got your support levels down here. So now you're seeing that, not only using the book map on the short-term version, but you could see it on a long-term version. But let's get back to why we're here. Why are we focusing on Nikola versus Tesla? Because it literally is 20 times less money. Actually, I'm sorry, 200 times less money. So as a trader, think of anyone, I don't know if anyone here is in real estate. When you go into real estate, are you buying it because of you like the house because it's pretty for you? Or are you buying it because it's a good investment for yourself? Or are you buying it because you can make a lot of money on it? I know you, everyone here would be like, wow, I would never buy that town because it's a foreclosure. It's a bad neighborhood. But you know what? Something, you know what, as a business decision, yeah, you might not buy for yourself, but you sure damn well buy it to make a hell of a lot of money because that's your business. It's like, it's like trading today's markets. You know, are you trading because of policy? Or are you trading because of politics? If you're trading because of politics, you're going to lose all your money. But if you trade because of policy, you might not like their political belief. But as a policy, it's going to make a certain stock move. And that's why we're moving. Like what's going on recently? Pot stocks were moving. Some of you might not be interested in pot stocks, but I'm going to go hop on, look at a couple of them. There were a couple of good ones that made some good moves. What were some of them? There was what do we have? We had Grow, GRWG. Look at the move on Grow, $2 to $3. There was another one that moved, MSOS. This one was great. This one went from $5 to $10. TLRY, till right, another popular one. This one ran from $2 up to $3. Is there another one that we had? CGC was another one. CGC. And some of you might look at these stocks and say, I would never trade out. First of all, I'm so against pot stocks. Well, I don't want to trade a $0.50 stock, but sure enough, one from $0.50 up to $2. Do you really care? No, you're not doing it long-term. You're doing it short-term. And the big thing is this, when you look over here on the book map version and you start looking at it and they're moving, you're going to be like, why are these stocks moving? I don't like their stand for, but as a trader, I'm not buying it for myself. I'm not looking to smoke this stuff or whatever. I'm against pot and whatever. Who cares? Traders don't look at that way. We look at it this way. Like Tesla, I'm anti-electric cars. I don't like, but you know what? If it's moving, Tesla, you think I care? Or Rebian or any of those other stocks? But the thing is this, regardless of what the company does, I'm more concerned about price. Price action is key when it comes to trading. I'll give you another example. NVIDIA. NVIDIA, very popular stock. It's been doing phenomenal due to AI and everything else. Stock's been on a big run. But you know what? If you bought NVIDIA about a week ago, what happened to NVIDIA? It went all the way to 500 and came all the way back down. So you know what? Who can use the same style that we use on inexpensive stocks and more expensive stocks? The only issue is that you just need to come up with more money. Now, I want to make one other point too, because we do get a lot of these questions and I know it's so popular. Options. You know what? The next person, as they asked me a question, would be like, okay, Faso, I know I can't buy NVIDIA or maybe I don't want to invest $400,000, but some people are like, well, I could buy 100 shares or $40,000. Maybe I'll just trade the option. Let me just give you my two cents on options before anyone considers to trade an option. And don't believe everything that everyone tells you out there because I'm telling you as a market maker. Options are very attractive. They're very fun. But who's more wealthy? The person that owns the house or the person that rents the house? When your options are renting all day, there's a time when to rent and there's a time when to buy. But before you think consider renting, most people are looking to buy because we know if you rent all day the rest of your life, you got no equity, not going anywhere. You want to be a good options trader, you damn well better be a good stock trader first because it's the movement of the stock that makes an option move. And a lot of these stocks that you see are moving like Tesla or whatever, that person out there that's buying Tesla right here or just bring it up here. That's seller out there for 190,000 shares, almost 200,000 shares, 280. Do you really think that as a person looking to sell that amount of shares? No, it could be an option. First of all, do you notice right here it opened up at 930? You think it's out there all day? That could be an option, cover call, whatever it may be. You know what I mean? So a lot of these stocks that you're trading, once you know how to trade a stock, then you'll understand when you look at the book map, you look at these long-term big targets and the expiration dates because that's another way how we trade using the book map platform. But getting back to why we're here, it's about risk to reward. And risk to reward is all about trading stocks that are less risk with more reward stocks like NKLA and when you have a stock like NKLA and it goes up and you only had to technically risk $1,000 to make 60 cents, I'll do that all day because if you can make let's just say 50 cents on 1,000 shares, that's $500, that's $100,000 a year salary. That's why people love this job. But some of you look at it and be like, well, how did you know what's going on? How did you find it? Very simple. It's off the big percentage gainers game list and it's all about once you find that stock that has, which by the way, I've got to mention this, which has a very good spread, penny spread, a lot of buyers, a lot of sellers. And then when you go to here and you're looking at book map and you're seeing big orders like I showed you there for $500,000 and then these other sellers getting executed, it just makes it a little bit more simple. That's why book map is a great platform and I swear by it because I couldn't live without it and I'm just being honest and I'm not getting paid for saying that. I get offered platforms all the time, but to use it successfully, you have to first find the right stock that you're looking at and knowing what makes them tradable and what makes them not tradable. Now, what I'm looking to do for everyone here, I want to invite all of you, like I mentioned earlier, to come into my training room and we have a couple of workshops. I want to go into detail, great detail of how we scan the market, how we work in pre-market, how we use the book map platform and seeing if those orders are still out there, where are the program trainings and algorithms coming in? Where are these dark pools that you probably are scared of? Those dark pools out there, where are they? Book map will help you find them and strategize around it, but to do that, you first have to know what the risk to reward is and the risk is, what is the cost to me by that stock? Most importantly, if I'm wrong, what's the cost to me to get out of that stock? Then, what is the trend of it, which is the second T and three, the third T is the trap. Where is the street doing? Where are they buying it and where they're selling it? So, like that said, we're in the middle of the day. We're in the heart of September, October, November, which is probably the most volatile times of the year of trading and going out there and finding these stocks, looks like we got a halt on this stock. Oh, look at this. This is pretty interesting. CCG, stock started this morning, just went from $25 to $70. I would never trade that stock. I would never trade. I think it's moving too fast, but if you want to know how we found stocks, ABGR and knowing why we trade this, not trade that one, I'll trade Nikola and maybe you want to do a swing trade on Tesla and having that game plan or maybe trading and see what's going on with the pot stocks. Is it too late to jump in because they're having a big run up, now they're starting to trend down or maybe even hearing about what's going on, UAW, about the big strike with all the top three car companies. Do I trade forward? Do I trade GM? Is it a short? Is it a long? I don't know. One last tip of the day I want to give you is what one of my greatest mentors always taught me when I started. My old friend, Frank Ferraro, he's told me it's his foul stout. I want to make a lot of money in trading. It's not about making money. It's about controlling and not losing it. The only way you're going to control the losers is risk to reward. Don't worry about the winners. Don't worry about looking at, listen, when I started, I told you with Bruce and he used to watch me do all those traders challenges and be beating all those traders out there, does not make you money. I never go into there worrying about making money and winning. I always worried about losing. If I lose, that's okay. I'm going to lose in trading. We're all going to lose in trading, but to lose it, I'm not going to go out there because got that I'm in one stock that's too volatile. If I'm on the wrong side, ladies and gentlemen, you're going to blow up your account, fellow traders. You don't want to do that. It comes down to risk to reward. What I'm going to offer all of you is this. Before we all go, I want to basically, oh, it's a Tesla event. Basically what I want to do is I want to invite all of you to come in my trading room and I want you to see what we do. It's free. It's not going to cost you anything. Just take your phone. Click on that QR code. You got that email right there in the bottom and then also please subscribe to our YouTube channel. Like us. Like us on this video. We're going to be on the book map on their YouTube channel. Share us. But if there's anything you could take away from today, it's about risk to reward. If you want to be successful in trading, you got to make sure the stock is tradable. And I'm willing to go through that with you in great detail and give you those workshops because I just came back from Canada. I was just telling Bruce, I've been going to Canada for over 20 years. Love the Canadians. I would say 20% of my traders are all Canadians. And one thing I've learned from the Canadians that being up over there and being up there for the over, you know, been done for three years, that had been there three years because of COVID. There were so many people out there that just are lost. And you know what the most popular thing they were asking me? They said they were asking every presenter because there was a presenter before me. And they were asking me, they were asking the presenter, Hey, what's level three? What's level four? I call book map level four. And the guy, no one knew. No one knew. And just the interest out there that everybody's starting to know what is level four, what is book map just shows you that there's a very big interest that people want to trade. And there's a very big interest of knowing how to use the system. But to do that, you got to learn before you could earn. So take that QR code, click on that link right there. And we'll be happy to get you in the trading room and see the hundreds of traders that we trade every day on doing something that you want to learn how to do it. Now, with that, Bruce, is anyone have any questions? I'm going to take some questions. If anybody was looking at something, or just you could basically just hop in in here. Don't want to go into great, you know, no, I think we're good Fausto. I've been answering some of the questions along the way here. Good, good, good, good. Well, well, listen, looking to look and forward have Bruce come in. I don't know if everybody knows Bruce and you've seen him. He's just been a wonderful asset to book map. We're going to have him come in your onsite and reason why he lives locally. Those are too far from me. So he's nice to have seen Bruce. Been a while since I've seen you last time, Bruce, and it's going to feel like yesterday, but he's going to be talking to all our traders. And like I said, once again, how to use the book map platform. It's always great. And this is the kind of the relationship that you have. You know, listen, if you like it, great traders around yourself with great traders. So, but to do that successfully, you got to learn how to use the system. But most importantly, how to find those stocks. So Bruce, thanks for having me. Look forward to seeing you next week. And book map fans, like I said, look forward to seeing you all in the trade room. Thanks for watching and happy trading and enjoy the rest of the year. Excellent. Thank you, Thao Sto.