 All right, folks say welcome on back and happy new year. Might I say to all of our students and members alike if you had not joined us last week, but welcome on back We've got a full week ahead of us here But for another fantastic edition of our traders talk workshop today Tuesday as always but January 9th Great to see all of our students and members alike inside our live trading room pop the webcam up right now Great to see Eric one of our trial members joining us here later Michael got her got Ray Leonard Got Chuck Wayne and got Bell and all of our students members like joining us there inside or inside our live trading room And of course just on YouTube Facebook live linked in a set or all of our social media streams Like right there at cyber trading you just be a friend tell a friend look to spread the good word of cyber trading University Here we look to follow the big orders out there within the stock market the big buyers and sellers out there collectively and today if you're exclusively a student inside our live trading room that being a Gold student platinum student or diamond student of CTSU here You have access to a raffle that we'll be doing at the end of this traders talk So stay tuned if you are bill or later got Ray got Lawrence Tiago got barber from before Revena Kathleen got a lot of her you know gold platinum and diamond CTSU students just to take part in this raffle That we'll be doing at the end of this workshop. We're gonna be offering and raffle enough to Free coaching packs it is three sessions per pack So we're gonna be offering that at the end of this workshop. So without further without further to mark says me too Steve Of course, we got you mark. Don't worry you as well Of course one of our longtime diamond students mark s that is now there is so much to cover in this week's edition of traders talk I mean, hey, it is the first full week technically of 2024 but we weren't really expecting yesterday to give us as much as we got and we have so much to discuss just from there So obviously with what's on the screen here actually we could sink our teeth into this RX RX stock I know the Fausto actually brought this up from class actually earlier today You know, it was a great example where even on level four. There was a pretty clean example of an iceberg order showing out there I think it was as high as $15 what I want to do here is I know Fausto showed that on level four But I even want to go into the NASDAQ book fewer just to see myself You know, he was teaching that class and I was running the trading room So, you know, I wasn't watching that at the exact time that he was but you know He just posted on it before if you're joining us inside our room now So actually really quickly bring up the NASDAQ book viewer here for the stock RX RX I've got a couple other columns here. I got a tamper with I thought it deleted There we go all right, let's also filter this guy out here too because Trying to see some larger size orders out there collectively. So Let's see what we got anything at 15 Well at 15. Yeah, I mean it's about 43,000 shares through the NASDAQ at least so that alone You could tell is resistance then from there if you really want to dig deep at 20 bucks But that's a ways away. That's an eternity away Just at 15. Yeah, that's the resistance that Fausto was calling out in class in the phase three course And you could also tell because there's about 56 total sell orders making that up There's likely even more volume that was out there through the level 4 program Not much more about 51,000 in total. I think what would we have there? 43,000 so the vast majority of this volume out there in the order book at 15 is Directly through the NASDAQ it is right there on NASDAQ book viewer So easy to see at 15 bucks about 43,000 through there And the time being I mean it broke out earlier and it's trying to make a higher high now So we'll keep our eyes on this 15 level for RX RX later on today, but One of many trades that we had called out from today and then from yesterday on top You know, this isn't looking as good now QS, but that also ran from earlier this morning We had our bread buttered though on Mara, right? I mean Mara was such a great trade Just from last week the week before stock essentially went from ten eleven dollars up to thirty in two weeks time and You know here if you're a new member of cyber trading University If you're a trial member if you're on YouTube joining us for the first time seeing this ugly mug It's to say that we have been trading these crypto stocks for eternity now So if you're a longtime member of C2 Mark Alex P Ray S got a bunch was bill. I Don't mean to not shout anyone out. We got a bunch of longtime students here Just to say you know that we call the stock out regularly and a lot of us regularly do well on this trade There's a lot of crap on this chart here So, you know, I don't even want to dig too much into what's happening live as much. We'll get to this Well, we'll actually go go you know to this in just a bit But this trade that we're watching now in the trades that I took on Mara earlier this morning We're largely based on the levels that Mara had from yesterday So actually here even one more what I'll even do is do a little copy pasta here and delete these You know lines and make it just a clean slate for us to work off of here So what I want to do is go into the move yesterday Explain the whys and hows and you know what we were focused on there for the morning and give you my thought process You know, I shoot straight. I don't BS and it's just to say like I'll tell you if I got stopped out And the thing ran up on me higher I'll tell you if I chickened out and the stock ran up without me because I was too much of a Scaredy cat things like that But here though is where I'll tell you normally my mindset goes. I don't like shorting these crypto stocks I am much more of a bull on them long term than a bear. I'm a big believer in crypto blah, blah, blah So it doesn't make as much sense logistically for me to short these stocks Even if they presented a good opportunity even if the writing was on the wall and how do I know this? Well, I missed out on an enormous opportunity last week and it was on riot Riot for anyone here in a trading room if you recall I actually went to take a trade here and I like chickened out. I was like, I don't like shorting the crypto stocks You know, even if they drop, you know, I'll find something else that day. I'm sure I found something else I don't even recall but I do recall riot tanked without me and hey I mean, it was a big miss. It is what it is. But this but yesterday morning on Mara that was Yesterday morning easy to say this dropped off after the open Let me ask us here What's that trend from eight o'clock to 930 from 815 to the market open to the right side of my chart there That you see. What's that trend? down down down so I Didn't want to short the crypto stocks necessarily it wasn't like on the top of my to-do list yesterday morning If anything what this downtrend leads me to say is we're not as likely to see a strong breakout right away It might take 20 30 40 minutes might be even more than that So here I wasn't exactly saying I'm just gonna short it right it right away here But at least after the market opened up yesterday This is where I'll have to bring more of level four out and I'll show you what we what we noticed a Couple things actually happened at first on this so One thing just I'm gonna show you this didn't lead me to make my decision to take my first trade on Mara But we ended up seeing a pretty large iceberg order pop up I know the Fausto even covered this in the morning meeting yesterday It was one buy order out there making up a hundred thousand shares Now that buyer actually pulled his order look at that right after the market opens up How cool is this like kind of dig into and see see the white squiggly line here? That's the stock so where you're seeing that order get pulled at least right before it comes down to it You know that order didn't get filled that order got actually pulled now the instant reaction at least was a pop It was a pretty good pop right away But the first three to five minutes were holding off or not jumping in right at first and even here as it shakes down It's like man. This is a pretty volatile stock went from 25 25 down to Almost 24 75 almost a clean 50 cent move It was a it was a 40 cent move there But more or less as this fails to hold over 25 and it comes back down Under the level it's just where I say hey if it's not gonna make that big move going up Then there's a chance it might make that drop off and if I can grab a good entry at least and set a really tight stop I don't mind risking five cents on half-sized position because that's honestly two and a half cents on a full-sized position You know, is that a lot of money that you're risking? Not really if you don't mind doing that and you know that you're setting your seatbelt tight Then there's a possible trade on your hands there So it ended up going over and under basically over and under 25 and from that point like just a big drop off So really within the first five minutes I went short on this So I forgot my entry price even I can go into it was under 25 and it ended up dropping off quite a bit I left a lot of money on the table on this trade too because for as much as it drops I am thinking it's gonna bounce, you know, I'm a bull on this trade more often than not much more often than not So maybe that support could be 2350 Big 72,000 share buy order sitting out there 24 comes first though about 30,000 But not really showing a dark red line orange line sitting there So what happens well comes all the way down goes down to my 2350 and I do recalls it retraced up I was like, all right, let's just get out right here take the money and run Let me ask us really quick to kind of expedite this review because I do want to dig into today as well There's so much to talk about today with Mara and Evidia yesterday Even the trades that we had otherwise from Mara like SNTG and everything else today. What time is reversal time? What time normally do we expect to see reversals happen with within the stock market, you know, 1030 ish, right? You know, sometimes 1015 sometimes even a slight bit later like 1045 perhaps But that's where like even here. I'm a bull and I'm thinking we'll shoot What if this pops right back on up after we got this ETF looming that's gonna be hopefully approved There's a case where it may get to lead one more time. I know everyone's saying by tomorrow should be approved That's a slightly separate conversation, but I'm still very skittish on this trade. I'm up a lot But it's like I don't want to waste it all. I don't want to flip this big profit into a complete scratch I know I say at times. I'll go break even on a trade and I wasted some profit. I did that today on Mara I don't like doing that. If you think I like doing that. I don't like doing that That doesn't pay the bills that doesn't put a smile on my face at the end of the trade What puts a smile on my face at the end of the trade is seeing the stock completely go the other way After I get out and it's like, all right. Well, I definitely saved my ass, but at least here, you know I'm not trying to be perfect. I'm just trying to take enough meat off the bone to you know Make me full at the end of my dinner. So here. I was just content with getting out right around that 2350 This dropped off a little bit more afterwards had one more shake down like nearly a dollar or two Like left a lot here on the table actually with one more shake down But here at this point it comes 10 o'clock it comes 1015 and this is where my wheels start spinning Okay, let's try and buy let's jump in on this trade here coming up. So on this entry I did have a pretty good one. It was right off of what was later on it was not from that consolidation It was right here 24 25. It was a bit later on I think within this instance here I did get stopped out on like a break even like in and out Let me be 4 cent loss on half size break even basically and the thing ran up on me after Well later on I got a really good entry and it was just based off the VWAP price based off at $24 Seeing higher lows begin to build my entries at 24 22 I recall and from there just mid-morning, but led to a great pop afterwards No trend continued and it ended up leading to a nice run back up But at least from there for as volatile as Mara was yesterday and it popped up towards 2650 popped up. I think close even. Oh, no, that wasn't there I thought it was gonna get close to 27, but yeah, I mean 2650 that's a hell of a move So Where I'm coming from here is well. Hey today there could be another stock that could run there might be something that Takes my attention away from Mara. Hey, it could have been RxRx Chuck killed it on this trade the last couple days one of our students could have been RxRx This just wasn't up anything in pre-market though. So I'll even show you my Benzinga scanner here This is what I'll look at in the pre-market in the morning this one And you could see like, you know looking at stocks that were up more than 3 percent 4 percent throughout the pre-market this morning They're all kind of nonsense stocks. They're all kind of low float small cap Nonsense garbage stocks, you know Fausto said it literally himself just word for word He didn't like really what was out there in pre-market So if there's really nothing out there that's floating your boat that you're really a big fan of in pre-market That right there is your reason to say all right. Well, let's check out our side list Let's check out maybe NVIDIA from yesterday, which obviously we'll get to coming up But also let's get to Mara. Let's get to Mara and even now Mara popping up with me in here Hopefully doesn't shake back down violently. I hope it don't jinx this thing But at least that takes me to this trade here today where you know, it did well on it yesterday I had a plot new levels out for the trade So here we are now and these are the levels that I worked off of going into this morning So in fact actually I want to show this on the recording because you know It pays to be a member inside our live trading room And I mean that not just for any marketing purpose. It is true You know Fausto myself are not licensed FAs to where we we say oh buy and sell at this price or time You know, we literally can't do that But what we teach you in our classes and here in traders talk is basically just how to follow momentum You know just playing off support resistance levels So the more often that we see something happen over time Then we're more likely to expect to see it In the heat of the moment. So here really quick. There we go I posted this at 9 25 this morning. It was just right after Fausto finished up the meeting Hopefully hopefully this thing doesn't stop me out coming up here But I wrote to you I said Mara 24 77 to 25 dollars that combination Is the first support after that we may not see big support until 24 12 So I gave you the playbook there as far as the lines of my chart and then right after I said 26 is basically first resistance meaning like Basically this combo here as resistance So what do you think I did this morning when the market opened up and Mara is really like the only I was like jumpy towards it's really the only thing I was like setting myself up for on the morning Well, I followed those levels and I jumped in on this trade right away I averaged in but it was right under 25 is my entry price Uh and from there it ran up pretty nice But afterwards this is where even on a coaching call before with one of our students This is the trade I'm in on right now Hey, I mean when a stock breaks through a big level we should be expecting a big move shortly after So the fact that this did play level to level here is great But we're not even trying to be perfect like that We're just trying to get enough to satisfy ourselves at the end of this trade You know as day traders at least we have a lot of swing traders joining me here in our room or on youtube right now Or or long term position players You're not as jumpy to just get out get back in right and on the flip side of it. I just want to let you know I'm not a scalper. I don't like scalping in and out in and out in and out Like tiny like trades within just few seconds apart That seems like impulsive, but hey to each the row and everyone has their own cup of tea, right? You know at the end of this workshop you might not find day trading You know good for you and you know to each the row, right? But this is where though i'll tell you I follow my basic core catchphrases when i'm in this trade from basically 25 a shade under I would love to get out here perfectly But i'm just as content getting 50 cents on this trade 60 cents on this trade at least a decent chunk of it more You know more of the run than not right? I don't want to come in this trade to make 10 cents and then for the stock to run up 80 cents without me You know that doesn't increase my confidence as a trader over time And I mean hey if if you're not able to lock in a big profit consistently that might be easy to hear I'm like, oh well, you know you should be in my shoes, right? I've been there trust me It's taken, you know a decent chunk of time for a lot of us at least to kind of you know Cling on to that sentiment. Okay. I got in at the right place here. It's it's right at my entry level I'm just a few pennies above that entry level. I I didn't chase it's right there I set my stop tight What's that catchphrase again that josh says when when a stock breaks through a big level? What should we be getting a big move? So, you know, I'm not trying to walk out with five cents profit 10 cents profit I'm trying to follow that basic sentiment. So I don't need to be perfect But if I can get 50 cents on this trade and it runs up an extra 20 30 cents more I don't really care that much. It's not the end of my world. I'm extremely happy I'm elated the fact that I made 40 50 cents on a trade right on a thousand shares That's 400 500 dollars and 500 shares. That's a day's pay to kick off your morning Just on one trade. Come on That's where even here That's where I bring it to my next trade I'm in right now with one of my students from before When a stock breaks above resistance and it runs off of it Well, we'd like to think that resistance should become support And especially if there's two price levels that are like really close to one another just like these two were Break out my ellipses today Just like those two were just like these two are These two are a little further off. I'd say I don't have my calculator in front of me But it's like 35 cents 32 cents apart. It's like pretty far away You know, really if they're within arms reach of each other You could use both of those levels as a range of resistance And then once it gets broken above that resistance becomes a range of support So right now this has been a phenomenal trade right from this little circle here My student barber and I just jumped in basically at the same time just right off that area And I set my stop. I said, hey, if it breaks below this white line odds are I'll I'll take a loss My stop is that I think it's 67. So this one would be, you know, a loss on this trade now at this point I think I'll I think at this point I'll be an intelligent person and Look to at least move my order up a smidge here Make sure lock in a little profit now at this point I don't want this to break lower at this point at this point We've just seen a higher low get built higher lows. Hopefully could lead to a higher high But if we don't get that high or high now soon, especially with this like kind of You know in this range we'll call it this area the last hour I just don't want to be on the receiving end of a loss, right? Break evens break even I'll move my stop up to take a little profit now at this point, but Bill who sent in an email earlier today. I got to catch that he says it's got three different trading accounts He has a day account a swing slash long account and then separate from both of those He also has an options account. So that that's a that's a great way to divvy it up I like that, you know, you know, if house to says you want to make sure that you keep your day trades separate from your swings Um, you know, your options account you can keep separate as well and it definitely doesn't hurt If anything it just cleanly divvies up your your settled funds up better, right? The the money that you're able to at least go through and use on a day-to-day basis Um, all right, so the Mara trade we did cover here basically from head to toe Did more of an expedited, you know review on it the last two days here If anything for just future speak just for what's ahead this purple line 2671 that's just simply a chart level That's just the highs basically that we had these last few days So if we could break that then you're looking really strong But um, you know, that's just kind of what's ahead on this trade. This is a cvp level from yesterday. Whoops. I moved that right there Come on buddy. There we go Yeah, this was a big volume level back from yesterday's trading So it moved up there and it held it it popped it here And I thought there was a case to see a run And just right place wrong time maybe but maybe later on we can get a re-break above this White line next and and then the real run that we wanted there But let's actually jump to nvidia. I do want to make sure that we have enough time to talk about this trade because Well, hey, it's moving right now. There we go But let me ask us here speaking of options bill great segue my friend. Thank you Who here trades options? Who here trades options? Got a bunch of us loaded question I trade options chuck trades options lee trades options linda herbert eric ravino charles brian not him though Oh, well, that's with a smiley face brian. You count obviously steve tony got bill andreja Farouk, there we go. Got all this just joining us here basically now. Here's the thing. Here's my mo with options This is what fowster will say it'll be the first to say it'll fire me if I don't say this I'm said by joking with that. You might actually find you got to be a great stock trader to be a great options trader It's the underlying movement of the stock that will affect the option price that will affect the premium that you're trading So, of course, there's other factors that play into that in the money out the money How far away it's out the money if you're deciding to do that If anyone that focuses in on the greeks the deltas the datas. I personally don't teach their own There are a lot of factors that go into an options position Don't get me wrong at the end of the day. The biggest factor is just the stock It's the underlying movement of this trade here and especially based on the levels that the stock is trading, right? There we go. I got to get through a few different emails actually earlier today. I wrote that in chat before I did say earlier today. I got a bunch of emails I do have to get back to including traders talk emails that may be left over So I know I've got a couple here bill and rosanna do have to get back to joice as well on top if she's here But um, you know nvidia. Hey, I did not trade this yesterday I told you going into traders talk today. This would be more of a captain hindsight review where You know, we're going to go back on this like we did with mara, but I actually traded mara yesterday and today. I did not trade nvidia yesterday nor today So this will be a lot easier for me to be like. Oh, yeah, I did this did that but Uh, you know, we called this out as soon as the market opened up yesterday Of course, it made the pot that we all saw and from there You know, hey, just right away without even going into levels. Well, typically around 10 30 We should expect to see reversal time, right? So right around 10 15 10 30, we should be getting that so to say Reversal time lack of momentum area there. So you could see even at 10 15 10 20 It started to and I broke higher later on but that's just a very simple core concept And that's something we do in phase one class. I think it's like our second or third class that we teach now All right now The answer is on the chart before we know it took off after the market opened up for but for all of us here at least hey Contrary to what the market was doing this morning Basically, what's the trend of this stock from 8 30 leading into the market open from 8 30 leading into the market open Basically, I'm not trying to give you a curve ball question. What's the trend of this stock? Up right Is it possibly making a lower high here? Maybe I'm just asking from 8 15 8 30 to the market open it is Trending upward, right? So is it as much of a surprise for me to see this take off right away? Not really not really But the question is where could someone have entered on this trade and not just the stock But you know, how could they have positioned themselves up for an options? You know call on this now for anyone that does like credit debit spreads and Anything above like, you know the basics options class that anyone can go through I do simple puts and calls and mainly calls So I'm just going to show you where I would have taken an option call trade on this And if anything just to mention I wouldn't be doing out of the money as much It would just be in the money or it would be like Maybe a very small smidge out of the money very slight smidge out of the money if anything So that's just like kind of what I look for and I'm trading options no matter what Now let me bring up level four here. I'm going to bring up the heat map I'm going to try and make this as clear and as easy as possible all right, so Where do we have dark orange lines going across this page folks for all of our students inside our live trading room Where do we have dark orange lines stretching across this page here? 25 right? 25 25 cheese dyslexic here 500 500 right? You have 14 000 share sell order out there 500 dollars And then ravina even goes as far as saying there's actually something pretty nicely built here at 4 95 And that's a great answer too You know just from a more zoomed out look 500 is like the easier answer on the eyes But hey look how long this orange line was out there for And it looks like this broke through it So that's a whole separate conversation, but the fact it was out there for as long as it was Yeah, it's actually two two answers there. I like that ravina. So 500 495 Now it's trade like this normally I would be saying that every five dollars you should be expecting Some you know sort of iceberg out there. So 505 even if it's not showing what's ahead after that Actually, there's a lot that's showing here. It seems 510 about 8700 shares not as much 515 about 15 000 shares. So basically every five dollars you're seeing some sort of iceberg level You know when you're looking at a trade like like NVIDIA like amd as expensive as it is You can't possibly look at that chart and say it's trading every dollar Because when you look at the order book when you look at even the matrix here my You know level three here It's so skimpy. It's so spread out and thin that between that and the price You're at least looking at every five dollars at times even every 10 But at least for now book map just showed every five. So we'll start so we'll start with that So i'm not going to necessarily plot all of this. We'll kind of expedite the review But you know at first hey our first big level means at 500 That's just the price to watch there and the more times that NVIDIA can break over it especially in a shorter time frame and a smaller concentration There's a great chance to see this run. So what happens? Ooh, this is really nice here actually. So check this Notice that it only breaks above it here at this point and then it runs. It's a clean pop and run But and here's the but part when we look for a test It's easier on the eyes if it's a false breakout because you you obviously know it broke above the price if there's like an up wick above it, right? it Hit exactly on the kisser 500 On the nose right there So that means that that iceberg order started to have gotten to get filled right there at 9 35 in the morning On the next candle There's no volume filled at 500 there because the high is 499 98 It does go to show though at least here at least there is a test In fact, you could actually put this under a microscope just for a small Bit here. Let's just show you You know, it's easy to look at this and say oh, you should have gotten in over 500 right or you should have bought $500 uh You know calls whether they're in the money or out of the money by the time you jump in But as soon as it breaks the level there you basically do want to take that trade That's easy to say in hindsight kind of looking at this year But what I care about is the level test at first So it did test 500 here at first and there was as many as like nearly 40 000 shares That were filled There were 40 000 shares that were filled right on this test of 500 Let's see if I can go in exactly Does it show 500 exactly? Ooh may not have been may not have been right there wow Book map level four doesn't show it technically but on my naked chart it does show like just exactly 500 so There is a little bit of inconsistency there. Hey, it's for you to decide honestly It's a breakout over 500. It's breaking through a big level On the way up and it is after 9 35 in the morning So that is the kind of your caveat to try and take the trade If you were hesitant to wait for one more test and nip of that level and then to take it from there I don't blame either. I think that would be a great and smart idea So this is just a very good instance where it makes a clean breakout It's everything that you'd hope to see in a trade, of course Because who the hell wants to have any pullback or any turbulence after you jump in So this does everything that you'd wanted to do if you were to have jumped in here Or if you were to have bought the calls right at this break here at this point But otherwise, of course it continues Here's where I want to look at the daily chart because It was 500 and it was also another price So we just showed book map, but let's even just go to the daily chart Right there. Yeah, I mean basically you can round up and say $505 504 33 this peak here 505 17 so it did break over 505 that day the all-time high technically is 505 and 48 pennies But you know generally speaking you could say that this is building a pretty solid resistance under 505 Just you know chart level in fact before obviously what we saw here Is there a chart pattern that stands out to you looking at this daily chart dating back to just Late november early december is there is there a chart pattern that looks pretty familiar to you Just the way this was building out from left to right We called it out live. That's the thing like when we saw the break over 500 I was like, oh my god. Jesus. This thing's flying and we look back on the daily chart Uh, you know, I I said it right away. I'm like this looks like pretty interesting Like this could be a really good pattern now mark and bill both answering the same question or same answer there Inverse head and shoulders Not I don't I don't see it as much But to me what I'm kind of gearing up for is the Fausto flag You have a beautiful set of higher lows that we're building And at least from mid to late november. This peak was holding pretty well So maybe you can say all right Well, if it kind of keeps holding at 505 as the top that really shows it But it's the set of higher lows that you're seeing and it was pinning itself under this line So if you had missed it off 500 to me I don't like chasing and I don't like just you know jumping in to jump in But if it could break over this 505 next or at least flip that into support over time then You have a pretty fair entry there too, it seems so clean chart breakout chart pattern that broke out And obviously led to a great run But you're combining at least the resistance that we had with reversal time easy to say a topped off right around 10 30 at 515 the price You know basically every five dollars you want to count as some sort of a level as we said right 5 10 5 15 Above that 5 20 So even heading into the afternoon here, let's see Got close it actually popped up to it heading into the market close into the after hours It was over it heading into the market close there Well here today at least using that 5 20 price level It broke under it here and tanked so resistance or support should become resistance here at first This is not a surprise to see resistance hold But then the more times it nips and naws at it. We could get a break and hey it ended up flipping it afterwards, right? So pretty good move off 5 20 today on the video to where perhaps you could have bought the 5 20 calls on the breakout here of this line Uh, otherwise the only thing that I would likely use here Would be the closing print from yesterday wherever that may have been Current time right now is 11 40 folks if you are a gold platinum or diamond c2 student of mine Stay tuned we're going to be raffling off two coaching packs coming up at the end of this workshop Again, you need to be a student a gold student platinum student or diamond c2 student to uh You know qualify for this raffle that we're doing at the end of this workshop If you are interested or want to know more about the education just talk to your education advisor at that Uh closing bell print from yesterday 5 22 53. It's even above this here. So Hmm interesting. Let's reverse engineer this a little bit 5 22 53. That was the big closing bell print about 2.3 million shares were filled At this exact price yesterday at the close So i'll tell you what it wasn't really too strong of a level here. Maybe I tried to be one here. It was holding pretty well here I did pretty well, but then it got a little hairy around this closing bell print from yesterday Given the size of that transaction it was A 2.3 million share print You definitely need to put some good weight into that level and say that should be a strong price to watch So here at first. Hey, I mean that's pretty much status quo. It is doing a good job holding it Now the more times it does nip it we should expect for support to break So you're seeing support get broken through here It became resistance and actually how about this? This will be a nice instance here Get my ellipses back up Isn't this just the same pattern as what we had earlier this morning on the video on a smaller level Break under Resistance on a little false break and then the real move just shortly afterwards here, right? Is that not the same exact deal as this? Same exact thing So in terms of trading where I say that my best entries to buy a stock are directly after it breaks through a big level On the way up I'm looking at that in terms of resistance and the pop above a clean ceiling or resistance level But in terms of seeing support hold Well, you got to see the under and over and it started started it here But the more support gets tested it's more bound to see some shakes and At least for it to weaken and not really provide as cleanly as a great support at the time So it took a number of minutes about 20 30 minutes for it to materialize and ended up getting the better move now Now, let me ask us. What's our next resistance on this trade? If we're saying five dollar levels that this stock is trading within What's our next level where this stock is basically trading? Mark brian sam 5 30 Oh perfect timing my friends perfect timing Because right now you got a 43 000 share sell order about 1300 total orders making that up at five hundred and thirty dollars. Are you kidding me? That's just on the nasdaq book viewer right there on level three. Don't need to go anywhere else to see that really You know, I mean we have a couple questions in relation to the nasdaq book viewer coming up and we're going to answer those but Looks like that order just got filled Big spike of volume just came in right here big prints on the tape 5 29 99 5 30 on the gun It does look like a lot of volume just got filled exactly at 5 30 right there about 83 000 shares in total All right, so You know in terms of preparation, right? This is more of like a kind of captain hindsight comment or analysis that i'm making here for you because You called the stock out in the moment yesterday and today But I didn't trade the stock so it's a little bit easier for me to put this under a micro microscope and say Oh, it did this it did that, you know, at least on mara. That was a trade from earlier today And I got stopped out on it just now I believe right there, so Got stopped out break even at this point. I actually think I moved it up to make a few pennies But that's not even the point this thing if it's not going to make that big move up It's going to make that big pull back same to be said with navidia, but in terms of entering the trade at least just jumping in You're not going to have any confidence in taking the trade if you don't know where to get in the trade from And at least for me, I'm going to have more confidence finding out that where if I have more time to figure it out, right? Like, you know, hey at my desk at 8 30 in the morning. What am I doing? Am I reading the news? You know, am I watching a sports center on tv? I might be some mornings You never know or am I plotting my levels? Am I figuring out where my level where my iceberg orders are out there on level three and level four? Again just yesterday it showed on level four that navidia was trading every five dollars So even if that iceberg order at 5 30 Wasn't showing yesterday That's just your next assumed level. I mean it just the writing was on the wall here all day So that's where I say you got to make sure you provide yourself enough time to prep and get ready Before the market opens at least here 5 10 5 15 5 20 ahead here a smidge above 5 25 and then you know real time right now 5 30 oh and and look at this you got an extra one on top bonus You got a bonus iceberg. Here we go Uh, so not at a five dollar price, but all morning you've had this year too about 78 000 shares. It was Pretty similar size to the one that was there at 5 30 Right there right 5 30 about 77 000. This was not far off about 68 69 000. So That will provide a complementary level of resistance here I would this would be a really tough break. I feel if this could break over both of those lines cleanly then Man, this can really fly. I mean 550 would be pretty uh Much in line next after that I feel Uh, a couple questions coming in in the chat. I want to go through emails coming up next though So, you know, I wanted to focus on mara. I wanted to focus on the video And then I want to go through these two questions from a chat right now, but we'll go through email next So from herbert asking can you tell if that was a big buy or big sell order? The one at 5 30 was a sell order because it was on the ask It was on the sell side of nasdaq book viewer. So we teach that namely in the phase one stock course herbert Uh, just join me in the phase one class. It's about 12 classes going into 2024 it's a rotating cycle of classes, but mind you, you know, we'll talk all about this in those classes ahead And like a full 60 minute class pretty much there. So, you know, our next level 5 32 It did show it right here did show it But you know, the bid is the buyer's the ask or the sellers. That's how you're kind of divvying divvying that up Kathleen asking in trade in getting ready at least are you using trade station charts 100 percent? Absolutely That's what I was just using now right here this morning. These were the lines I put up at 9 o'clock this morning 8 45 eastern time this morning. So My ellipses I put up afterwards, but all the lines I put up at least before the market opened up All right, so we got a bunch emails we got to go through here actually first and with that Let me answer a quick question in relation to the nasdaq book viewer actually had The same question from two students. So actually I wanted to answer both here for rosanne and for uh bill I believe they both asked the same one So more or less asking in relation to you know, they already have level 4. They already have book map They're asking. Hey, does it make sense to get nasdaq book viewer as well? If you don't mind spending the 15 dollars a month on top, then do it That's literally my answer If you don't want to pay the extra 15 bucks a month, then I believe that level 4 You know, you have enough to work off of there if you already have it if you already have it Stick with level 4 if you don't have level 4 yet. It is a bit expensive So that's where we'd say hey if you're not ready for level 4 yet If you're a new student joining c2 if you're a trial member We want you to be focused more so on the nasdaq book viewer level 3 And then go from that point once you start making money with us on a consistent basis once it starts paying for itself That's where we say all right that you can start playing with some more advanced tools Some more expensive tools mind you as well, but I know book map level 4 would be that next step But you know, that's where we say for you know, the majority of students. Otherwise nasdaq book viewer is your starting point there If you already have book map, then I think that you're in the right hands. You're in the right spot I use book map myself. All right, so I just wanted to answer that there briefly. I'm just going to go through some emails as well on top so Oh and really quick if your account switched over from td ameritrade to charles schwaab as my student rosanne had her has done You need to get in contact with them to get the book map set up if you're running it through schwaab slash thinkorswim So, uh, you know, I think that's like per person. It depends on your account and when they transferred it over I'm unfamiliar with the died deadlines and and you know Guidelines on when they ended up setting that up So I feel like that should have all been taken care of at this point We're already jan 9 so You know, just if you're on thinkorswim and use book map Please just get in touch with charles schwaab and they'll be able to at least give you more insight on that So here a couple emails. I'm sifting through in regards to our coaching program some students I'm going to respond back to you later on today. Just of course larry joys david in regards to your next session alan as well All right, I'll tell you what I just sifted through a bunch of uh, not Those but a otherwise bunch of other emails that were bull crap So at this point right now, I think I've gone through all of my emails that had questions Were trades that they wanted to go over on them? So let me jump back to the main chat board right now from lee Lee asking in relation to options trades. What expiration date do you typically use? I typically go for the same week, but if it's on a like a thursday friday type deal I'll go the next week out So today's a tuesday, you know, I didn't trade options today But if I were to have like if I was going to do the nvidia trade from earlier today Then it would have been for this friday likely Just for this friday cheaper option cheaper premium price But the thing is you don't want to get too close to expiration date Just false breakout right When we're trading stocks It's easy for us to set a tight stop and be like, oh, right place wrong time. Oh, that's why we have our seatbelts on okay tanks When you're trading options unless I mean, I i'm not even familiar. Maybe there could be margin requirements with it But just otherwise i'm using a cash account it takes a day for those funds to settle So that's not really bad at all, but otherwise you don't want to Jump in on a trade Right place wrong time and the expiration date is like same day or it's like a day away a couple days away even Just it provides for a more volatile move So if you're not prepared to take that loss or if you don't have your stop set there You're gonna you're gonna get squashed There's other factors that play into liquidity or the volatility of an options trade Liquidity is a large part of it. So, you know on top of just the expiration date You got to make sure it's a pretty liquid options chain. That's all Uh, Tony says Schwab is saying it won't be ready till late march I'm gonna grab my bucket of tomatoes start throwing them at him Brian says nothing changed for him yet either on it bill says book viewer It just seems to be a good quick way to see big orders out there Absolutely again, my answer is my answer, you know, if you don't mind paying the extra 15 bucks on top of paying for book map then Perfect, that's all Not everyone's on the same budget. I know a lot of us like trying to clear up their Monthly bills and all that you know stuff. I just did that recently. So that's like just my Transparent answer, right? You know if you don't mind paying the extra 15 which to be truthful if you're making money with us every day It's paying for itself literally We can't be a penny pincher But if you're not making money with us consistently then just you know, that's kind of playing into it all but Wendy says do you trade pre-market before the 8am move trade station doesn't allow me to trade until 8am So myself I don't trade until 8am if I'm trading pre-market if you're on Schwab and you trade before 8 o'clock Let's say if you trade a 7 o'clock You could do it 7 o'clock. There's a lot of news that does come out. It's an all right time But here's how you think about it there's a lot more people at their desk at 9 30 then there are at 8 o'clock There's a lot more people at their desk at 8 o'clock Then there are people at their desk 7 o'clock And there's people at their desk more at 7 o'clock and then there are people at the s crack of dawn at 4am eastern time and I'm putting it that way because There might be some traders that that you see in our room that like are doing some things at the crack of dawn I'm talking 4am 5am Don't let it affect your trading Not there is not nearly as much money being traded for you to find iceberg orders at the at the s crack of dawn 4 o'clock 5 o'clock in the morning As there are later on now to answer wendy in full Hey at 7 o'clock when there's a lot more news coming out and certainly a lot more traders at their desk at 7 o'clock 7 30 That's a good time to be trading pre-market if you're able to Just you got to make sure the stock is liquid have a good spread have all of the redeeming characteristics that you need to have In the regular hours for pre-market So the one thing I will say is Even though 7 o'clock 7 30 can possibly be a great time to trade It's not always at that time that we tend to see the most ideal optimal stock for us to be trading at that time You know what I mean? So that's just the catch 22 there You should just expect more people to be trickling their way into the market as we you know gear towards the open So 7 o'clock definitely 8 o'clock for sure and that's like Pre-market's open across the board at that point So, you know trade station opens at at 8 o'clock for their clients and myself So, you know, that's just my main reason why I don't trade before 8 o'clock I'm not switching brokers to do that really Teach their own on that right, you know If you have work midday and you could only trade pre-market hours Then I'd suggest for you to you know tailor your trading around that Time frame 7 o'clock 7 30 8 o'clock etc You know if you're on the west coast and you don't like waking up at 4 a.m. Pacific time I don't blame you. So, you know, there is not a necessity to be trading pre-market unless if it is affecting your personal life schedule that's where hey if you're on the west coast and You're finding it hard to trade the mornings. We've got the afternoons, you know, at least by 9 o'clock your time That's 12 o'clock. You're coming up as we're As we're almost finishing up traders talk We got a raffle coming up in just a bit But it's just to say there's a time and a place for everybody But you got to make sure that you're following tradable stocks Actually, I worked with one of our students new student in belgium just last week and you know, hey he It's better for him to trade pre-market because you know, he's at least, you know Well into his, you know day at that point You know, his brain's on the lights are on up there at that point in the day for him So he's not just wiping the crust from his eyes. He's at his desk and he is extremely attentive He's able to do that because he lives, you know, just, you know in belgium just different time zone So that that's kind of how I think of it, right? um You know to go a step further at least without going too much further because we got to do this raffle coming up next For anyone that you may see like make money here make money there Unless if they're providing tangible thoughts and education themselves as far as why they took those trades Maybe you could study their entries and exits afterwards yourself But this is a one-person race. It's you against yourself So it's really a matter of you studying the trades that you were focused on the trades that you entered Even if you didn't enter it. Hey, maybe you were focused on it And you know, you could kind of go go back on that move afterwards and see Where could I have gotten in on that trade, right? So, you know from Leonard here really quick asking, you know, is there Trade station charts and others. Nah, not really trade stations. Just my broker. That's all I have some students actually my student from belgium, I believe he trades via trading view he connects his interactive brokers brokerage account to tradingview.com and uses the trading view charts and trades directly through there To each their own as long as you're able to get real-time fills and there's no delay with order execution. That's it All right, so again folks for our raffle coming up You need to be a student not just a member inside our live trading room So access to the phase one phase two phase three classes meaning Gold platinum diamond c2 student, you know who you are if you are that certainly So we got a lot of us here joining us here. Tony got lee got cat lean bill Got fill got ravina eric got barb got barbra got grant got laida got A bunch of us otherwise. So here's how we're playing this I thought that I would be able to like use a randomizer online like show you a legitimate randomizer So there's no like argument is like real time Give me a quick second here. I got to make sure I get this snapshot here from from my private chat with rich this morning Rich played in part with this year with me and I have the time stamps to prove it So I'm going to show you my Private chat with rich coming up as I show the winner at least but here's how we're playing this out We're going to be offering two coaching packs. They are three sessions per coaching pack One second. You I got to get the right snapshot here And here's how we're going to play Those students that are eligible again, you need to be a gold platinum or diamond student So, you know in the event where if you don't know your student level and you somehow give the correct answer I'm not going to count it. This account. This is for gold platinum diamond students only So here's how we're going to play this I got two numbers That I chose I sent rich a private chat at 8 25 this morning with two numbers one through 50 The first two people that answer and you only get one answer per person so far So no one doing multiple answers right away But just one per person to begin one per person One per person I have my whole combo with rich here And I'm going to give everyone just you know time to answer. I got to scroll up in this chat This chat's like flying here. So give me a second. I'm going from top to bottom right now It's like I'm picking power bowl numbers here right now All right, we got one winner We got one winner so far There's one number remaining but our first winner They wrote it at 12 o'clock. I went in order from top to bottom Pablo Pablo e one of our platinum students shows the number three So that is the first answer right there now I don't believe that anyone else has answered the second number yet Nope, no one has answered the second number yet. I just did a search So keep going right now John you got to be a student. You got to be a Gold student to a to apply gold platinum or diamond student Just make sure you talk to your education advisor Leonard perhaps you as well my friend my apologies But you got to be a gold student and above just to qualify for that So just talk to your education advisor if you have any interest in learning more about our courses course packages, etc All right, let's do another search here. Did anyone come up with it one to 50 we said one to 50 Not yet still Still I got a private chat from rich saying that I should give it to someone because they were close I'll tell you what if i'm giving it to someone because they're close I might have to give it to the first person that wrote an answer to begin because They were close They were quite close and now at this point since we're running thin on time. That is your hint. How about that? That is your hint Still still still someone's on the right track though. I see someone getting close Someone getting close Man, I think that everyone's picked every number except for this at this point from one through 50 We got like 80 students in this chat board type in numbers. It's crazy This is the second number. No one's supposed to be called out. I swear. Oh, this is hilarious Phil Phil you're doing something that I would say yes to but Oh, yo, Phil got it. Phil got it. There you go. Phil got it 34 34 is the answer and and here's the timestamp. Here's the Full conversation Give me a moment here rich There we go 822 this morning. So it's not just I picked these numbers out of nowhere It's not just josh did this. You know off the tip of tongue here a 25 in the morning I said i'm doing a raffle One to 50 34 is the lucky number and then I said also three is the other number i'm choosing so it's two packs 34 and three So for Pablo e and for phil rem congratulations gents You got yourself a few coaching sessions there three three coaching sessions with each pack I'll talk to you just later on today about scheduling them over time But either way just want to start off this year at least with a little fun We don't do that as frequent and we'll likely do that probably at the beginning of next year too Maybe do more raffles over time throughout this calendar year But with that said folks that was actually pretty fun for that last pick. I was actually mildly comedic So we're going to wrap up at least for the time being again for phil and paul I'll talk to you just later on today about scheduling that at least but for all of us on youtube Hey, we invite you to join us inside our live trading room to continue the conversation for david or all Just joining us there at cyber trading you just make sure that you're followed and subscribed there first But if you're interested in joining us inside our live trading room to continue the conversation Just scan that qr code on the top left just of the stream get your week-long access to our live trading room alongside our instructors Like myself rich and the man himself fowstow, but i'll be back on later on this afternoon folks talk to everybody soon. Take care