 founder of Cybertrading University. Cybertrading University, I started over close over 25 years ago. I started one of the first online schools in today's industry where we focus mainly on day trading. 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 Elaine Forney and I'm actually living in North Kingstown Rhode Island right now. Well I'm actually retired so what I do for living is I'm a trader. That's what I'm doing now for living. My name is David and I'm from Richmond, Virginia. I'm retired right now. I was in aerospace with Boeing. My name is Richard Serrano and I'm from East Drowsburg, Pennsylvania. I'm a network field engineer and I do telecommunications. My name is Phil Chib and I am from Alaska. I am retired local motive engineer. My name is Leigh Ann 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 but now IT for the last 33 years and in between that still cut down trees, climbing trees and all that other stuff in between. My name is Terrell Lee. I'm from Mobile, Alabama. I work in 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 knew 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. I 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 Leviton. I'm from Bethpage, New York and I'm the senior instructor here at Saber 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 Faust over 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 you're going to have nine losses versus one winner. Yeah it's like it's not worth it. When I spoke to Faust though 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 a hundred percent true and the stuff that I'm learning from him and Josh and everybody really made all the difference in the world and understanding what a day trader is and how it actually works. Faust on the staff at CTU University they they're really on top of everything they give you good good trade choices and they keep you alert on to whatever's happening in the market at the time for the day. Right so we made a profit would I just say earlier just take the money take the money and run because guess what if you didn't take it how would you be doing right now. Now you're now you're losing money. You're just trying to make that base pay that's all you're going to do. You got it. You made it. Listen for every stock that kept on going for everyone that you thought was going to do that you're going to have you're going to have nine losses versus one winner. I don't think you're going to find a better support team in the 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 OK 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 may go out there and be part of 90 percent maybe even higher of the failure rate in today's industry because people want to try 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 you finance money to some financial planner that never learned finance. We are no different but you are on the right path. The right path is you should be doing it on your own. And by doing it on your own you need a mentor to show you how to do it. And that's what you're going to get here at Cybertree University. All right everybody. Let me do a quick audio check. Could you everyone here be loud and clear? Just want to see if everybody can hear me okay? Just give me a chat back. All right perfect. All right so let me just get the webcam up and running and we should be ready to go. All right can everybody see my uh there we go. Hopefully your webcam is working. Can everybody see me okay? All right good good good good. All right welcome everybody. My name is Fausto and welcome. I hope you enjoyed that quick little brief demonstration of you know just some students that we had just to hear what their experience of Cybertree University but you know what I hope that you're gonna be one of them because I really love changing people's lives. You know when I started I've been doing this for 25 years and I was a little pup you know about 22 years old. I was sent to retire at the age of 24 and you know obviously it's not healthy to be very you know be retired at that age. So I want to kind of make if I know there's a lot of us out there that are older maybe you know see what the market you see you know there was a correction today we got a little bit of a bounce. Is this the bounce? Is it over? You know the big thing is you have to know how to play the game. That is everyone's biggest issue. So today what I'm about to teach you is I'm going to show you how to do entries and exit points by following the big money. Now if you've been following follow me on YouTube if you follow me on Twitter or maybe a new old trial member I'm going to invite every single one of you every one of you to come join my professional trading room that I started 25 years ago. Now there's the original trading room now there's a lot of them popping around but this is the original one that that I started and obviously you're going to see what it's like because we do practice what we preach. All right but I don't want to waste your time. I don't want you to waste my staff's time. I want to make sure that this is something that you want to do. Now I know a lot of you here have been trying futures and forex and options and you're all over the place and you know what we always tell everybody go out there like I just said in that video try a little bit of everybody's stuff and then come back to us and you'll see why we've been in business for so long and why our traders have been so successful over the years. But I want to remind everybody there's always a warning okay. Listen previous students are not a guarantee that you're going to be successful trading there is a very high risk you know and we make no guarantees and no promises and what we're going to talk about right now is specifically for educational purposes. So please do not try anything we're talking about whatever it is I'm just here to not just you know entertain you but to educate you. That's what it's all about because I'd rather you know if this is something you want to do before you get out there and make that big mistake. Now I want to start off with a couple of stocks that we're moving this morning. I want to bring up an execution system and just really briefly just show you what's been trading. Now obviously you can see we're looking at a stock called space stock is doing very well went from 42 to 50 dollars okay and you're like oh it's expensive you know I don't know if this is really for me you know I mean like listen we've I'm going to show you stocks not like stocks like space how about a stock like CARV that we traded today. CARV this stock literally went from start this morning went from 17 dollars all the way up to about 38 okay now I'm going to just pop up my morning watch list over here so you guys can copy and paste I don't know if you guys were watching my YouTube video but you know we do a live broadcast every morning at 9am we're live on YouTube and Facebook we're also live in our trading room but listen our biggest number one stock that we liked was CARV now you're probably asking me like okay where did you get how did you know was going up that is what I'm going to show you okay and there are a lot of them out there there was actually even a better one yesterday called egg which is one of the mean stocks out there let me just bring it up new egg and new egg you could see yesterday we've been watching stock for the last couple of days and this stock literally went from 10 to 20 dollars yesterday ran from 29 all the way up to 70 dollars okay could you imagine if you just had 100 shares of that stock 100 shares 30 minus 70 is a $4,000 profit do it every day you're talking a million dollars now I'm not here to make you know blow smoke and say you could have made this be that but if you bought it at 35 and you sold it at 40 you know you mean you still could do well you don't need a lot of money to do this but there's a lot of stocks out there that did move and we're going to talk a little bit about them actually there's one really moving pretty nicely right now this one was also a pretty nice one this morning a very cheap stock $2,070 XELA you know went from 270 all the way up look we're into 390 390 okay so I don't want to waste anybody's time let me just get right into it and show you how we do it but listen I know a lot of you here are are uh yes I did buy Gary and if you view my trading room you'll see it but um but once again I have staff here to answer your questions I'm going to try to answer questions personally myself but I have on my instructors that are going to be able to answer your questions in here live so what we're going to learn right now how to follow with big money we're going to talk about total view ak level 3 I'm going to talk about why 90 percent of the traders struggle to make a consistent profit in trading and why it is such a big failure rate why a trader needs to understand something called time and sales which is a um what I call a tap reader that's what I am and how to read the chart correctly do you know that almost 80 to 90 percent of you reading them backwards and I don't care how much money you spent I don't care how many indicators you've learned I don't care where you went to school I'm telling you right now when I show you this it's going to blow your mind because you've been focusing too much on the past that's not always indicative of the future so um just to let you know I am here because I love trading I love trading I love teaching people how to trade but I'm also here to recruit traders okay because the way I became very successful was I got lucky I got a job as a trader and they saw something in me they gave me a shot and I did very well and that's how I came very successful but to be a good trader you have to surround yourself with a team so I'm looking for people I could trade here that I could teach this teach us to so we could trade together so please keep an understanding and don't misconstrued there's not something that you know it's like here teaching this is a thousandth of a secret and you go on your own we're looking for people we could train so you could learn how to think for yourself and trade for yourself now um just to let you know I think I just mentioned this about ctu we've been around since 1995 with the longest running school in the industry we're also endorsed by every brokerage firm in the industry um for doing it so long so here's a copy of my trading room um you basically can see this what it's going to be this is where you guys are going to come at the end of today's webinar and hopefully you're all going to have a great time learning from it so let's begin what do you say let's talk about some of the stocks okay uh before the market opened up I want you to look over here down the bottom hold on let me get my little cray on here so you guys can follow along always to get the pointer uh there we go okay here's my pointer see my little red dot okay so here's a stock um you won and carve okay so you can see right here how the stock literally went from uh right around here the you won about 730 went from 780 all the way to 980 okay at eight o'clock we start trading early pre-market by the way does anybody here trade pre-market anybody here trade pre-market just want to look at it got a bunch of people here want to see what about you um Erica Amanda Bob not usually Pamela okay looks good sounds uh sounds good about well they were great moves I mean here is that stock that I just told you that we ran to almost 40 uh this morning this stock uh was a car v it ran from seven o'clock in the morning ran from 12 dollars even if you showed up at eight o'clock in the morning when it was at 17 look where it went it went all the way to 20 so the one of our biggest strategies is that and this is where people get themselves in trouble is that some brokerage firms will not let you trade until 930 and that's the difference between online brokers and direct access brokers okay so what we teach you what to do is we're going to show you how people put orders out there and brokerage firms believe or not are actually trading against you okay um they got a guarantee order from you and they get to go out there they're going to try to buy it and they're going to sell to you for a profit ever thought about why they give you free ticket charges you know say like why is why is it's free there's a catch and that's what the catch is because if you wanted to buy card and you bought it they'll buy it 16 they'll sell to you at 20 they'll make themselves four dollars but you got a good deal you got a free ticket okay now here's when the market opens up you won right out of the gate 830 all the way to 11 dollars uh carve 18 dollars at 930 boom within the first five minutes went all the way to 36 look at that less than 30 minutes okay this is why people love day trading this is why people like how did you find these stocks how do you know they're gonna go how do you know they're gonna continue as you know not to trade the ones you found earlier it all starts by following the money that is the big thing it's not a a Fibonacci it's not a MACD it's not about it it's not any of that stuff it's all about following the money now history repeats itself before i show you how we follow that money i want to talk about one stock really quick you won back on 617 on 20 i'm going to give you guys a link if you go on my youtube channel exactly at this time of the year the same thing that happened with you won when i when i did a video on that i put the youtube video go back and watch that video and then you'll see how history repeats itself how we knew was going to move again today okay so i'm not going to sit there and i want to you know go over that video when you got time watch it and you'll see like holy crap Fausto did call this stock back then it ran from ten dollars to forty dollars and you won did another big move right around this time same type of thing that's what you learned carve same thing we'll go back to the video click on that video watch it because those two stocks were on the same time the same time of the year and it did the same thing they did this year that's basically what's called a short squeeze okay now if you don't know what a short squeeze is you better learn what it is quickly it's not scary it's not dangerous you just got to make sure you're not not the one that's getting squeezed okay you heard about all those mean stocks of the reddit stocks the wall street bet stocks you're hearing about the the the amc's the uh what's the other one that the amc's you got the game stops you got uh bed bath and beyond all those if that's what they all are that's what they all are and that's what we do and here's carved by the way that's that video really quick uh went from six to 28 and came right back down so this is why majority traders fail they just don't use the proper tools they're worried about news they're worried about indicators these are the tools that you need and then i'm going to show you how to utilize them you need a scanner which is going to give you the big percentage gainers and losers you're going to need a basic simple no indicator chart okay you're going to need something called total view and you're going to need something called time and sales that's it four things not the 17 000 different things that these brokerage firms want to give you you know you open up a brokerage account all of a sudden it's like what the hell is it's like it's like it looks like almost like uh you're going to land in the the space show okay you don't need a lot of data i mean i used to trade on a 15 inch monitor okay remember those ugly two monitors and i used to have one of these things up at a time you don't need all this crazy stuff the more you think the less you're going to trade the harder it is to know when to get and when to get out of it so let me talk a little bit about these couple of things here so first thing we'll talk about is a scanner okay so you're probably asking fowso how did you find those stocks this morning so let me just bring up my scanner really quick and just show you what we got going on here so the biggest winner right there is carve okay you see that big percentage gainer right there carve okay so carve argo you want they're all in the big percentage gainers they're all there okay so you got to have a good watch list a big percentage gainers and a big percentage losers that's all you really need gainers and losers that's all okay now what we teach here at cyber trade university is you're probably looking at how do you know which one is going to give you the one you want to trade well you got to know which one is going to give you the least amount of risk with the high amount of reward okay some of those stocks will have very big spreads some of those stocks will get pretty volatile meaning they'll go up and down really quickly you got to know what level you're at all these things so you know out of those 28 stocks we're probably going to find maybe two or three you know remember you only need one to make a day's pay okay and yes gary this is running during pre-market and also after market absolutely okay which by the way i'm going to show every single one of you when i told you you're going to get invited in my trading room and you're going to see us how we do it we started eight o'clock in the morning imagine everyone's still trying to figure things out of like i can't do anything till nine thirty well guess what we're already in it now so how do you know when to buy these stocks okay or maybe went to short so let's go back to you one and c rv these stocks make big runs and you want to be the guy that bought a 38 and you sell the 22 okay you don't want to be like this stock uh you know this one the one right here the car that goes from you know eight or 11 you know these things can go up very very quickly and it can come down very quickly so i want to start off talking about the number one tools that we use which is here at cyber trade university is let's start off with something called level two all right now i just have a question to ask everyone here does anybody here using something called level two should give me a yes or no brad says no peter says yes robert says no no james you're using it scott you're using it come on guys there's almost 200 people in here don't be shy don't be shy okay so if you're using it let me just tell you right now you're wasting your time it's worthless it's been outdated since the 90s okay but it seems very exciting let me talk about it let me educate some of you what we're looking at and then you're going to see something that's going to really be disturbing what i show you right after this slide so let me get my crayon here let me explain to you what we're looking at so we're looking at a stock called rice okay whatever who cares the symbol is right the stock right here is trading at the last price right here was at $14 and 51 cents that's what the stock is trading at the right now so that is called level one that's what that's called level one level one looks like a two but it's a one now when you look at a ticker on on the tv station that's called the first level of the stock okay now what is level two well when you look at a stock you got buyers and you got sellers okay the bit of the buyers the ask is the sellers you have three columns column one is a four-letter abbreviation of the brokerage firm the second column is the price that he wants to buy it for and the third column is how many shares that that brokerage firm or that exchange like nasdaq or arca wants to buy everything there is multiplied by 100 now whatever wants to buy rice for the most amount of money is up on top whoever wants to buy it for less money is down at the bottom whoever wants to sell rice for the least amount of money is up on top where once all their shares from one money is down at the bottom so basically what you're looking at is a big chat room it's basically what it is chat room okay the problem with level two it's not showing you all the orders around the world it's all always showing you the best bit and best offer for example if you look right here there's a new york stock exchange okay on the new york stock exchange okay somebody wants to buy 100 shares at 1451 and somebody's looking to sell 100 shares at 1452 but there are more people are trading on a new york stock exchange that is only the highest price what about the guy wants to buy it at 47 how about the guy wants to buy 24 there might be 100 000 shares looking to be both there at that price why why there like you see so you're not getting all the orders all the data that's why it's worthless okay now watch what happens when i change the slide let me clear this out and we go to the next one now i want to do a poll question first okay so my poll question to you is this do you have level three okay so let's do a poll question say you guys answer this i got a little poll that should be popping up right now see if you guys have level three and be honest you don't have it not in the chat room james and anthony joys there's a there's a poll that should be popping up on your right just tell me yes or no and by the way if you're a student of cyber trade vertice i know you're here to always listen in and support ctu don't please don't answer this question because we want to skew the numbers all right so i'm in the poll and we share the results so you could see there's about with with the people that are not sure you're talking close to about 80 percent of you don't have it okay well to me that means that's why 80 percent of people are failing this is called nasdaq total view everybody can have access to it brokerage firms do offer it but they won't tell you about it okay and why should they why should they why would they want you to know what they're doing but this is where it's going to get disturbing remember we're looking at nasdaq right here okay remember nasdaq you see that nasdq now you're only looking at this order right here the top buyer and the top seller now you're seeing every single order out there around the world how many shares how many orders you're seeing everything think about that for a second you have a seat on the exchange when i started on the new york stock exchange i had you had to pay about close to about 10 million dollars to buy a seat on the exchange now it's you can get it for 15 dollars and actually it's going to question nine at the end of this presentation which is even a better deal than the 15 okay which you're gonna love every single now think about this for a second what does it work to you if you're able to see about 70 to 80 percent of all the buyers around the world that are trading the stock that you're in right now what is that worth can you may tell me what's that worth to you to see think about the second do you think you're smarter in gold in the stocks you think you're smarter than morgan stanley or bank of america or you know the top mutual funds it's huge right i love that huge here you go robert it's it's it's actually priceless why would you not even want to know that and let me tell you if you don't know yet wait till i show you so let's look at a stock called pltr it's one of the stocks that we trade it is a fun little stock and you can see how the stock right at nine thirty right up here up on top went from 28 dollars dropped all the way down to 24 when it hit 24 it went right back up to 27 now why did it stop at 24 it stopped over here at 26 it went back up but then it went lower it stopped at 25 and then it went down to uh 25 50 why 24 50 what why couldn't it bounce at 26 i'll tell you why look over here at level two uh the level three what makes a support level and a resistance level buyers and sellers so for the stock to go up there must have been a big buyer out there right so you look over here and you're like wait a minute there was 58 000 shares looking to be bought at 24 50 now let's just work your way down that list you got 200 shares 100 shares because some of you are looking at this in like it's a lot of numbers what am i looking at 99 percent what you're looking at you don't need to look at you only need to look at one thing the big block order out there of 21 orders of 58 58 000 shares at 24 50 that is the number one main reason why it went up once again how do stocks go up supply and demand apparently there was a big demand there 24 50 and apparently that demand is what driven the stock from 24 50 to 27 dollars all right now let's look at the opposite what would make a stock go down sellers okay when you look at a chart do you see sellers no you don't see any sellers out there so how can we predict the future how can we know that we're not going to be the one suckered in and getting on the trend down well we got to know where the sellers are now we're going to hop over here on level three looking at inl and as we're working our way down because remember a lot of our issues is that some of us don't know when to take you know take a profit or more importantly what we really teach is when to take a loss when you go down here you look at it you got 2 000 4 000 shares 7 000 that's a lot a lot more than we might trade of a of a 41 dollar stock or an eight dollar stock but look what we've done oh that 288 000 shares there are roughly 626 people that make up that big 288 000 shares i don't know about you but i don't think i don't want to be the one that's gonna say oh we're gonna go to 12 oh we're gonna go to i'm gonna i'm gonna sell my stock at nine dollars and 20 cents yeah you know what that's great you gotta get through that guy first and you know what if you didn't get out look what it just did and by the way that chart's a one-minute chart you had several minutes because you didn't get out at nine it went away down to 7 30 like how many times have you done a trade like why didn't i sell it or why did it go down well guess what i just answered it because there was a lot of orders out there selling why are you trading and bucking the trend the trend is your friend you don't buck the trend most importantly you don't buck those orders now just really quickly did i lose anybody yet did we get lost uh Monica has a question i understand i have a newbie question but would be volume profitable show these buyers and sellers how would totally be better than uh volume profile well these this is the well you're talking about time and sales because we didn't get there yet okay we didn't get there yet but i'm gonna implement that there and it's gonna answer that question but just think about this for a second how do stocks go up and go down it's not supply and demand it's buyers and sellers okay i mean i'm sorry it's not support and resistance level that's what i meant everybody's always taught support resistance ways to support level with resistance level we don't teach support resistance level here because the support resistant level does not exist unless that buyer and sellers out there so most people are always working on the past but maybe before we're looking at the future wouldn't be cool look at the future first because the past is not always indicative the future unless those orders are out there so what i'm showing you ladies and gentlemen is what i was taught when i first got started and it was like all i kept on saying to myself i'm like why was i so stupid like what what like how did i not know this like or more importantly why more people not talking about it that's probably your question you're probably sitting there and like what like how did i fall into this like why is falstow what he's saying makes sense why not other people talking about it i'll tell you what because they're not traders they were never a market maker i live here in new york i was trained by some of the best traders in the world i was a prop trader it was a full trade that's what we did okay i was in some you know you know construction guy or whatever gym guy i don't know whatever somebody just decided i figured out or a mathematician that came out with some indicator you know which is nothing wrong with that you know but at the end of the day who do you want to learn from traders we want to learn from somebody that just came up with a great sexy indicator that kind of makes sense you know it looks right all the time but you want to be a leaguer you want to be a leader okay padlock says i used to be a prop trader great inside education laugh out loud listen i tell you truth like and i don't know how far back you go as a prop trader but like the reason why i got out of the prop business i was really good at i didn't want to split the profits anymore but the only way to be successful is that you can't do it yourself you have to have a team so if you can understand what i'm teaching you now could you imagine what it would be like to be in the market and forget about those stocks i called out like the car and the u1 and the clov called these stocks of the new egg i mean they're there every day they're there every day let's start off with this one uh i'm doing a poll now my question to you is this is this stock going up or going down the stock going up or down it's a very simple question monica i know what you're talking about and we do do we do teach that something on level four but right now that's a little premature i'm not this is more of a beginner of some people that are starting out but what you're talking about we have something that's called the cvp that we teach on level four and that basically is what you're probably talking about um but i just want to get this on everybody just to see how everyone answers this question all right so i'm gonna end the poll really quick here um i'll be honest with you i got about 23% of you didn't answer this question by the way if you can't answer this question okay you should just basically just quit trading i mean like and don't want me to be being very brash i have trained and done speaking in front of millions and millions of people i've been doing this for 25 years i've been a guest on so many shows and expos and stuff on panels if you can't answer this question you should not be trading i'm just telling you right now don't take it in a bad way but you should not be trading now i'm gonna end the poll i'm gonna share the results most of you said it's going down and congratulations you're right the stock is going down it wasn't it you know wasn't a a trick question okay if you said it was going up which i got three people said it's gonna go up if you really thought it was going up i wish it could tell me how how you thought it was going up but i don't see how the stock's going up the trend is going down okay so you basically failed trading one on one all right and if you really thought it was going to go down you should quit trading too now for the ones that have said it was going down okay what is going to make the stock go up that's my question what is going to make the stock go higher what do we need brandon you're right kelly you're right peter we need buyers oh my god i was like wow that was that was a hard question right now let's look at the chart do you see buyers on a chart you see any buyers there anyone see a buyer no so why is everyone so fixated on this chart for crying out loud you can't have the stock can't go up you can't have support levels so the buyers are out there okay so you can sit there you can go two years 10 years 20 you can go back as far as you want unless that buyer is there the stock's going nowhere all right so let's go hop in there and look at where the buyers are now we're going to go on level three i'm going to look over here and as you're looking down hmm 219 000 shares 73 different people looking to buy it at 1260 what do you think i'm going to do shorted i'm going to join them okay so it's all about having a game plan you see what i'm saying that's how you become a very good trader the strategy behind it is knowing where the buyers are and where the sellers are without even looking at a chart without looking at history i don't care what you think is going to work i'm on his side because you know how much money that is right there sitting there you're 200 000 shares of a $12 stock is you know you want to question that guy yeah okay let me know how that works out for you when you're done guess what stock came down hit that big buyer buyer triggered the buy and went right back up to 1360 if you were sitting there patiently and you were waiting you watched and you got in at that alert all of that 1260 right before that guy jumped in and you sold it a few hours later it could have made yourself a nice book book on a thousand shares that was what we say here in new york major dollar doesn't sound like a lot quarter million dollars a year i'll do that all day okay hell if you just got half that hundred thousand dollars salary i'll do that all day you see the power of following the money following the big money sounds great right gary so gary i guess you're gonna come join the room and want to see this live because it you know listen it looks great on paper right but you want to see it real and see it happen live in your face for one whole week i'm going to show it to you i'm going to show it to every single one of you because like i said we practice what we preach it's almost like i think about it it's not like we're you know we're only been talking for what about 30 minutes i don't really trade you for like i mean i have to go in my my quick intro we only talked about 10 minutes here imagine what you're going to see when the market actually does in pre-market it'll blow your mind all right let's have a little fun here how do you get level three okay okay i'm not going to tell you i don't first i don't want you to get it please nobody buy it because you're going to do more harm than good okay get my trading room let me show you in the market how it works and then you can worry about buying it okay please i'm warning you right now you will you would cause more damage if you don't let me show you how to do it remember you're like a little kid that's 17 years hey i could drive a car now yeah great let me teach you i don't need you to teach me i can do it myself by the way if you ever had a chance i have three boys okay and you some of your parents here if you remember training your child how to drive a car the first time is the scariest thing i've ever seen let's talk about this stock right here skl at z where do you think resistance levels would be in theory where do you think let's see what you guys figure this one out where do you think resistance levels would be what's resistance sellers where the seller is located on the right where do you think wow look at that so far every single one of you got the answer right every single one of you yeah there's 121 000 share seller looking to sell $14 now just think about this for a second did you need an indicator to tell you that that we're gonna hit resistance levels at 1450 did you need a chart to tell you that did you need to look at the news did you need to turn the tv on do you need to go on your you know reddit account no it's there are black and white right there so that's a lot of shares where does the chart look like it's doing is the stock look like it's going up or down and please don't start breaking down to me oh it's a double top it's got you got 10 soldiers reds and greens at the end of the day you're right it's going up it started it went from 1260 it's going up okay and then you might sit there and say you know what a hit of resistance came back down you can sit there and analyze it but to really you could see there in 30 minutes what is making that stock stop at 1450 but the trend looks like I mean it looks like it's going to break out yeah let me know how that works out for you because it didn't do that and we're right back down to 14 okay because that seller was out there 1450 it hit once it twice it three times what how many more times you need to see it this guy's not the guy's not moving he's not moving and you think you're gonna know more than him yeah let me know how that works out for you okay this is why people that trade when they think they're smarter than the rest of everyone out there is why they blow up their accounts now here at cyber trade university um we call these iceberg orders I came up with this word after watching movie the titanic by the way very sad story we all know about the titanic right what happened beautiful ship wonderful people great people they're nice everything and you don't want they're more concerned about the beauty of the ship than the safety of the ship and sure enough that stock hit that iceberg and everybody died on that ship okay that's you know you don't want to be that person and that's why you know amateurs are focused on the beauty of what's on top but never realized well if they just paid the right person and got the right right education they probably knows holy crap there's something bigger down the bottom which we all know that which we all know that now thalstow I heard about these fake orders and I get so ticked off when people tell me that I'm like first of all there's no such thing of fake orders you know it's saying fake news all right those orders are real now could somebody cancel an order you could cancel an order if you want to who's putting a bullet to your head like oh no no no you you put it out there you got to be good on it no you anyone could cancel it but every single order out there is real okay how do we know and now how do we know if they're getting executed well I am known as a tape reader I don't know if you guys uh I have a book you could buy it on Amazon it's called how to beat market makers at their own game very fast read by the way and um if you've probably read any books out there they say oh you oh I hear a lot about tape readers yeah that's what I am that's what I teach my traders what to be what is a tape reader we're looking at the tape meaning we're looking at the orders and seeing if they're getting executed or they're not so let's go back and look at sklz remember that 120 000 shares seller out there well he was out there at 1450 it hit it it came back down it hit it came back down it hit it it broke through it and went through 1415 shot up all the way to 16 dollars well when you think about it like how did it get passed it well if you look at the time in sales look at all the greens greens mean that sellers are getting executed that means people on the offer are actually getting someone's buying it from them and that's the confirmation from the exchange that a sale was done green green green green thousand two thousand five thousand two thousand six thousand seven thousand two thousand three the guy was getting executed so as a tape reader I'm like wow that's a big resistance levels but if I start seeing that guy getting executed I'm like oh my god somebody really wants to buy it I mean like today we had a stock what was it traded XCLA I saw I saw like a 300 000 share seller out there the guy got executed so as much as I thought it was a resistance levels which it was but if somebody went out there and bought it from him I'm like damn that's a lot of money he just dumped I mean he must know something than we do right so that's basically what tape reading is um so what would happen if we hit a support level breaks right now listen that's going up that's what's going down so let's look at cln eight we had that big hundred ten thousand share buyer out there now look there's not really a lot of buyers 25 hundred three 300 600 I mean that's a pretty substantial buyer at 1260 but look what happened look at all those orders 1290 1290 12 red red red red hundred ten thousand two thousand five thousand the guy got executed and that's why it held there so long eventually when the guy bought all his shares the thing crapped out and dropped all the way down to 11 dollars now have any of you guys ever felt like somebody's watching you like when you buy a stock and as soon as you buy it it goes down and as soon as you sell it it goes up anyone ever had that problem Rob is like yes capital all the time right Mike Anthony same thing all the time you know what your problem is they're not watching you okay you know the problem is you are not watching them that's the problem if you were watching them and seeing what they were doing and stop trying to be a leader and start being a follower which we've never taught as being little kids but in trading I'm telling you it's the only way you're gonna be successful in trading you gotta follow the money and that is what's gonna separate you from being you know what most people fail doing then doing this for a career Pamela says makes total sense you know what Pamela that's why I love teaching people I'm glad that you said that you know and I'm looking forward to seeing you come to the trading room because what you're gonna be seeing in the trading room this is gonna blow your mind you're gonna be like you're gonna fall off your chair like where where I've been where where have you been bounced over my life this is like a hero I took courses with this one I took courses with that one by the way we got one big runner right now that of a stock that's running up right now uh in our trading room we're talking about it uh or cp this one's running right now not to change the subject look at that one here's a stock that we traded not too long ago it ran from four dollars to seventy seven dollars yeah that's one day looks like she's making a move right now she might get halted look at that six fifty all the way to seven fifty the stock is a very big short squeeze we're actually just trading in our trading room right now just came up on my watch list all right so yeah we just put we just put in order thanks a lot rich for that all right so anyway anybody want to see this live anybody want to be able to come join us for a week and see us practice and preach and teach you the stuff moving just raise your hand you may yes all right good listen I don't want you to waste your time I don't want you to waste my time okay um but I'm looking for serious traders that want to learn the the art of how the market works listen a lot of you guys are are older you know and women also apologize for that you know a lot of you want to go out there and you're sick and tired of like like I was talking to my father yesterday okay came from Florida the state of my house and he's like I put fifty thousand dollars in the bank okay he goes you know what they pay me an interest in six months four dollars and thirty cents four dollars and thirty cents he made I'm like he's like I'm like I'd rather do something with it you know I mean leaving at the bank with zero percent interest you know what but I know a lot of us are afraid to lose it we don't want to lose it but you just got to surround yourself with good people and know what they're doing let me tell you it was really hard for me to get a job it's like going to college you know like a lot of us want to like I want to go to that school I want to go I got denied I got denied I got denied you know what I mean but you know some people said I need to go to school you want 95% of people do that are trading what I need to go to school for I can go out do it myself oh yeah let me know how to do that you want to be a doctor they gonna let you practice yeah let me know how that works out for you okay so the thing is this you got to learn before you could earn this is actually a picture of me doing a presentation at for Charles Schwab you think Charles Schwab needs Fausto yeah actually they do you know why because they know if they have an educated trader they'll have a client forever most traders blow up their accounts in 60 days to 90 days that's why we're endorsed and partnered with some of the biggest broker terms in the industry and by the way at the end of this presentation don't go anywhere because we're going to play a video that I was actually teaching this at NASDAQ at the NASDAQ center NASDAQ contacted me I've been a guest there several times and you know I'm going to continue the training with you actually you're going to see the whole COVID thing the COVID stocks oh wait you see you gotta love that one I'm going to talk about those but because they want you to understand how the market works they're sick and tired seeing people getting you know suckered into a platform or something you got to know how to trade the market because you're not going to do this not a weekend in Vegas you're going to do some rest of your life you got to know how to play the game so this is what I want I want all of you guys to come to my original trading room and I want you to listen look and learn it's the three else okay and in that room we're going to talk about you're going to watch this pre-market you're going to watch us you're going to give you a couple of great training videos remember I want you guys to really know if it's for you or not you're going to be able to talk to an education advisor he's going to do a walkthrough we really take this seriously because remember my staff their job is that I don't want anybody in my room that I can't make money with and if you if you're not going to be good at it there's no reason to be there okay but we're going to go over and beyond to make sure that you know exactly what's going on and what exactly you're going to get you're going to get you're going to get a day trading video you're going to get a pre-market watch lists you're going to get alerts um you're going to I'm going to show you how the level three works you're going to watch it live in a trading room you're going to get a lot of cool stuff now also you're going to get here's basically when we start we start at 7 30 we go to you know we do live order commentary we do a q&a session on tuesday with josh people love that we're going to get an afternoon watch list we're going to get order commentary right into the close you're going to get a lot a lot of content okay now this is what you have to pay nine dollars with a money back guarantee now some of you like that doesn't make any sense that sounds so cheap listen the nine dollars is an application fee that's basically what it is um I don't need your nine dollars but if you can't afford nine dollars you know I always find that if I get somebody to pay something I get serious traders I get somebody that wants it for free they're wasting I'm wasting their time they're wasting our time and believe me you don't want to waste my time okay I got better things to do I'm looking for serious traders so for nine dollars you're going to get the live trading room three daily market meetings a morning and afternoon watch list your own personal education advisor a weekly a live trading session hundred hours of recordings all for nine dollars and as a bonus right now if you register right now the first people have registered I for a five hundred dollar value I will give you a free coaching class okay I'm going to throw that in right now so go there right now you got the link not only are you going to get the trading room but you're going to get me on the phone okay we're going to talk for a free trial you know with that nine dollars it's a five hundred dollar value get a uh 15 30 minute cons consultation on it all that for nine now why what I do for so cheap what like what am I crazy Eddie no because I'm looking for serious traders because it's a lot of work to train somebody I want to make sure that you know before we really take this seriously and you want to make it make consider making a career out of it you want to make sure that we're the right fit you know and you know that's why we have a five star rating on Google that's why we have a AAA rating at the better business bureau okay so those are very important things that you want to look at you know what I mean so go out there make the trade and we'll go from there now I got a couple of questions here as you guys are registering by the way very important when you fill out and you register right now there's a questionnaire please fill it out to your best of your knowledge if you don't have any answers right na we want to know who you're trading with because we want we're here to help you you know how much money you're trading with make sure that you have the right account size to do it have you ever got training from someone very important please let us know this helps us to help you because we know their styles okay and we're going to let you know what makes a separate indifferent listen would you think you learn less than an hour imagine what you can learn in a week and if you're not happy you get your money back okay remember the goal is I'm looking to people I can make six figures with not to make a bunch of nine dollar trials uh let me see what we got here it looks like a bunch of you registering so I'm going to do a couple of shout outs uh Julie from we got here Jim from uh it was a Chicago got your registration Rod from was that California got your registration all right what else we got here David Peterson from Washington got your registration now remember guys uh fellow traders when you register you're going to notice that we have a really nice portal page you're going to go to you're going to see the classes there you can see the lessons um you're going to see your education advisor he's going to know who you are you're going to make an appointment with him he's going to take the time to walk you through it we're very big on customer service okay I know some people said you know what I came to call someone on the phone I just bought a thousand dollar class I can't even talk to anybody guess what we don't do that here we don't do that some people are shocked they're like holy crap this is like the best money I've ever spent my life and I learned so much well listen you got to start somewhere right so do you want to know how to follow big money you want to know how to be a market maker like how Wall Street trades this is what you need to do a couple other people just registering Ron Connor got your registration Pamela I didn't see you got registered yet I know you asked me a lot of questions David same thing with you I didn't see I didn't see maybe you're in the middle of registering right now uh what do we got here any other questions I have a question Jason yes absolutely what's your question oh Pamela you're registering right now okay listen guys it's nine dollars I mean what do you have to lose you know if it doesn't work out you get your nine dollars back you know if you that's the goal we have eight spots left all right do you need to have a large account to trade with Jason absolutely not that is an absolute misconception of why people fail in trading and this is the reason why a lot of people like well I want to trade stocks but that's why I'm trading options or futures that is a complete false narrative okay I showed you listen the XCLA the stock I called out earlier what was it two dollars it ran to three to buy a thousand shares with a question two thousand dollars you know I trade very inexpensive stocks I don't trade expensive stocks you know 25 000 stocks out there what do we think everyone trades the teslas and well I can't afford tesla I can't afford to trade facebook or amazon there's so many stocks I don't even trade those stocks it's ridiculous you know you want to do that do a swing trade a long-term investment but at the end of the day do you really care what you trade what you want to make money a couple more shout outs right here we got Nancy just got your registration from from Idaho welcome aboard uh L Talamban is that with that here from Texas got your registration all therapy from Vermont just got your registration thank you welcome aboard what do we got here someone got a suspicious transaction must have been a bad credit card charge so just fill out again we go live every morning at 9 a.m but our trading room is open up at 8 a.m there are three there there are certain times where you get this cold program trading one's at 7 30 one's at 8 8 30 and 9 and then obviously the market opens up at 9 30 uh Sylvia you could you could still trade yeah I know you had the day trading rule you worried about but you could still take what we've learned you could apply towards swing trading and investing absolutely uh who we got here poll j from Tennessee just got your registration see if people are just registering Erica P from Bronx New York you're right around the block there you go welcome aboard what else we got here are the pattern day trading rules still a 25 minimum yes it is and by the way I don't know if you guys know Tasty Trade friends of mine over there uh Tom Sosnoff the founder thinkorswim I know they're actually working to rescind that rule it's a very stupid rule they know it's stupid that rule is going to probably be gone very shortly by the way all right any other any other questions any other questions uh when can I start that's a great question so why wait just start right away get you get get your appointment booked with your education advisor get your appointment booked with me with the education get in the room if you can't like I would probably start on Monday like maybe watch some of the talk to your education advisor watch some of the training videos and then you could see because there are certain times that are very good times to trade and also there's also some very bad times to trade there's some good days to trade and bad days trade so you get a nice week by the way you don't need to be there all week I'm telling you there for an hour that's all you need you'd be like I get it I'm sold you know what I mean or I'm not sold listen the worst thing that could happen is you find out trading is not for you and that's not a bad thing you think $9 expensive try ignorant you could lose $9,000 like that okay yes if you register Sylvia today you could start on Monday I actually most people usually do that you know I just don't want you to lose it fresh in your mind Fred it's got your registration from Pennsylvania welcome aboard all right look like a bunch of people are filling up their registration or is good all right uh well Pamela you know listen why is so everyone concerned about trading S&P futures what what like why you got to trade the S&P first it's expensive I would rather trade new egg went from 10 to 40 it's like the S&P I mean because you've asked the S&P going up 400% in one day you know I mean like you know you don't have to trade the S&P because like because that's the only thing you know you understand you want to trade that's going to give you the least amount of risk with the high amount of reward you're here to make money you're not here to trade and sit there and because oh it's S&P futures oh it's S&P futures I trade S&P futures oh I'm too cool for you like what do you want to be with the Joneses oh you want to be you know you want to be you know trading something that no one else is trading you're making your days pay that is just that you know that that's just a very bad way of doing things you know I mean if you're a real estate broker are you buying the house for yourself or you're buying it to make money okay if I buy a million dollar home to make 50,000 I'd rather buy 10 homes at 100,000 that pays me 20,000 you understand like why would I why would I even risk something so high and lay out so much money with the possibility that I think it's still go down a million dollars okay you got to look at you got to you got to trade smart uh Nancy it's got your registration from Delaware Georgetown uh DC beautiful right kids actually go to Delaware I got two boys that go into Delaware University looking great um any other questions okay see a bunch of people read it's still coming in here let's yes we're gonna cover level three we're gonna talk about level four which we didn't talk about uh we're gonna talk about uh how to find those stocks we're gonna talk about how to get in where to get out the big thing is we're not here to teach you how to make money we're here to teach you how to stop losing it that's everyone's biggest problem okay winners take care of themselves it's the loser ones have an issue all right guys so listen uh don't go anywhere as you're registering we're gonna play a quick video of me at the NASDAQ center was going to continue talking about how to read level total view so as some of you are still registering and processing what's going on and still debating on it why don't you watch the video really quick and you can still register at the same time you'll really love it it's exactly when COVID started and when all those COVID stocks started taking a took a took a took off Mindora you know about that one went from twenty dollars to almost 250 we're gonna talk about it you're gonna see how the orders that people buying and selling it's awesome you're gonna see all the stuff we do this every day so don't go anywhere so guys thank you very much for listening just remember you gotta learn before you could earn make sure you gotta talk to your education advisor and if you don't move forward cyber trading don't worry i'm not gonna take i'm not gonna get insulted i understand it's not for everybody you know but do your homework go shop around if you're still not convinced and then come back and you'll see why we've been around so long and why our traders are some of the most successful in the industry so uh so thanks for watching enjoy the video i'll see you all in the trading room welcome to nasdaq trade talks i'm jill melandrino global market reporter at nasdaq joining me at the market site in time square new york city we have falstope glissie is the founder and president of cyber trading university we're going to take a look at how traders are using total view and falstope could not be a better time to have you in with us at marketplace because but 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 blowing up people could ask me falstope bottom is this the bottom because i'm looking we're looking at the market all day and honestly this is how you really know what's the bottom when you have the worst of the worst of the worst news and just constantly all 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 then obviously 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 market's up with about almost like 900 points so far so uh 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 vote 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 sold back in 2008 when we had the financial crisis so once you start seeing all the bad news things start backing up well start going up all right let's take a look at our example here today we're going to look at ticker symbol m r n a n s like listed of course what are we looking at where's the levels that you're looking to sell okay so listen what is the m r n a 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 is like the stock's going up beautifully nice look at the stock started this morning it's at 25 80 it's at 28 is it going now the goal is why is 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 that what we're going to do this time is we're going to bring a video so you all could see exactly what it's like to see in the real market conditions all right so let's move along to our next slide here that's exactly what we're doing 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 so we're looking at some real time the key here is time and sales these are the transactions that taking place we're looking at level two level two 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 best offer of that exchange but you'll notice how the stock keeps going higher what we need to focus on is the where 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 out 28 50 so that is really your resistance level so when you're looking at a stock going out the 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 it's the 70 000 shares 5000 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 thousand you have a big a big order out there you want to see that guy gets executed and you want to see if 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 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 it's actually executing it boom boom boom boom look at that see all those trades actions it took the guy out and i look how fast the stock goes up from 250 we're 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 you can see it's 35 000 which is exactly now this is the next order the next question is here's the next biggest resistance there's a 33 000 shares for uh there's there's uh a hundred 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 a five minute video that i was able to capture when we traded this 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 and what thing i want to explain to you jill is that and your listeners 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 oh 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 people it's going to start backing off there's always profit taking going on right so when you have profit taking going on you can see profit taking going on but the question is is it really a profit taking or is it just people just uh uh 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 keeps going higher and higher because those sellers are getting executed as those sellers get executed there's that means there's a demand for it when you see big block orders out there it makes a bigger demand that makes it higher now the next resistance level obviously is going to be where we we have to focus on where the next biggest orders are so we got some we've reached 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 am recommended 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 realized it's not what's above the woods at the bottom of the water icebergs are really big so it happened it it crashed and it sunk so what we're looking for is big iceberg orders which we call some people call 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 just a quick little screenshot so as we're looking at it at a you see it's a lot easier when you're focusing on when you just looking at the at the level of the total view and it's easy to point it out now please keep in mind the listeners have to understand we're fast-forwarding it's 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 chairs and there's 30 there's 315 different orders out there making up that 73 000 now um the thing i just want to point out is i'm going to teach everyone a quick little lesson yeah don't ever sell anything at 13 13 30 dollars go out of 29 99 you just cut the line by so that's for anything that's an evil even number biggest trip biggest uh biggest uh trick i was told by my mentors when i was younger listen everybody's gonna think 30 everybody's gonna think 20 go out 21 99 you just cut the line by 73 000 chairs that's a very good 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 every so that's a little tip but the thing is let's focus what happens to the 30 no just right off the bat you know that's a major resistance levels and that's what we have to focus on that's for this to stock to go any higher it's got to get through that 73 000 chair seller on total view all right well let's take a look at that next side see what happens next now we're going to get the other piece of the trade okay so here we're now we're looking at the stock moving here's 29 45 20 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 making 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 transactions 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 when you 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 yeah see that candle right there it's hit it and now starting to back awfully nice I see the red candlesticks so now that means that that the last sale is is lower than the previous and this works for all kinds of stocks ETFs would work for ETFs futures it works the same way remember it's the move in the stock that makes all those other things yeah ETFs and everything else you could you could look up any ETF and it'll come up on total deal look now we're down to 29 yep so my point that I'm getting to is this if you didn't have a game plan Jill and didn't know that that seller was out there and you try to like and actually if we go to the next slide this is exactly we 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 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 that stock didn't even drop from 30 look where it went to well 730 you would have got crushed on that trade because what happens if that seller's out there and he's not getting executed he really had to sell that order Jill how he's 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 in real time thanks so much for doing that for us about