 You're not you're not creating anything. It's like it's like that movie Wall Street that great amazing movie 30 years ago Whenever it was made through It's a zero-sum game That was the point I was trying to make earlier when you decide that you're gonna be good at this and you're gonna get it And you're gonna do it you going out there and you grab the opportunity You're gonna go for it and you're gonna do it if you do it Well, and you're gonna make a lot of money why because most people don't it's a zero-sum game You're not making anything you're not creating anything you're not Manufacturing a product or service you're not making widgets when you get up. It's you against the rest of the world So guess what I decided a very long time ago to be with the smart money. That's the money that moves the market That's the money that controls the world It's called institutional money and they are not buying here. That is the answer to the question So until I see institutional money scooping up the market and buying in and coming back in which by the way They're selling they've been selling they've been selling actually since the end of January and early February and they continue to sell in March So because they don't positions and sold they're not gonna turn it right around and go back in long I can tell you that right now Right now. We're lower. When will we turn around? I don't know and that's not your job to predict if you're active trader You can make money and then to the downside Sure But if you have a retirement account or something like that You might be very upset here because you gave back some of the profits from the rally from their early highs in January But you could get out of you if you want to get out But you don't have to get out if you're not gonna retire in the next, you know Two to five years you don't have to get out the markets holding the trend the markets gonna turn around But I don't know when and it doesn't matter to me The fact is that institutional money is the way you make money in the market Whatever you do because you're not one of it and you can't move the market no matter what you do and neither can I So luckily Technicals is the only thing that you have that you can use to make money Because when you see institutions coming in and moving the price whether up or down in gaps Not in support of resistance in gaps When you see them in the gaps the good ones which not every gap is a good one the good ones That's when you know what to do That's when you know and that's when you can do it and that's what you have to follow And that's how I was one individual you can make money in the market It is a simple concept that makes a lot of sense that you have to do with that money Because they make decisions based on things that have nothing to do with you and nothing to do with anything of things You don't know and we'll never know they buy and sell research reports to one another the big banks And they charge each other three four hundred thousand dollars and you're not gonna go buy them and you'll never get them And even if you could buy one you wouldn't be able to buy five and They're making decisions on things that we don't know about and we don't even care we see the gap So institution ABC may have decided earlier in 2018 that they were up a certain percentage in the fun and they decided they were gonna sell some and They decided then they were gonna sell more with the uncertainty in the market and with tariffs or with this or with that It doesn't matter who knows it doesn't matter and the great thing is you don't need to worry about that stuff and You'll never know any ways But when they sell and they create a gap when they sell actually or when they buy they create a gap, too That's when you know that you can do something with it or with those people And then you just make money you play the momentum with those people and you get in you get out and Then you watch and you wait and you see And you do with them And that's what you do and that's how you can make money You're never going to make money going with day traders who by the way a lot of them went long and swing traders really went long in the market Why do you think the market fell off a planet today? Because so many people went along the market that are traders on Thursday. It was a bad trade You might have even had some funds that went along the market on Thursday thinking it was going to hold because we doubled down in here drop flipped rallying Gapped up sold off held rallyed again Gapped up had a big day in here that everyone in the world was talking about look at the volume I mean, I can't make this up if I tried how great a call this was to call the market short last week It was an unfrickin believable call. I mean only I would make that call Look at the volume one two four two four four seven ninety Look at that And then we'll look what happened today Look at that And actually look at that the volumes Oh, no, it was more today So there you see 185 124 yeah, so there you see it. So anyways What happens is that you get the people And then they get up in the morning and some of the people are down But not everybody in the morning and then the people go And then the people Get worried And then the people that went along here start to sell and then some of the people don't and some of them don't Some of them don't some of them are worried and some are scared and then the panic comes in and what are they gonna do And all of a sudden they're down and they're down even more and now what should we do and And there you have it but not every and this is what makes the selling You had a little bit of institutional selling here today because you did But you didn't have a lot This is a this is a lot of traders in here today Just a bad trade going along in here, but you did have some institutions But the institutions got out here and then You had some more selling right in here This was the bad selling. I didn't have a problem with this and then we picked ourselves up really good And then this was not good, but you're still in short the market here In fact, it could have been long Could have been long wasn't a problem if you were long was fine you get out here Anyways, this is all terrific stuff. I mean, it's it's really exciting very exciting It's an exciting time to trade why because there's so much money for the taking if you know what to do even people that Just skated by in 2018 as traders meaning they were breaking even made a little bit They're gonna lose because if you don't know what you're doing this year, you were gonna lose your shirt But that means if you do you're gonna make more the field is so wide open and I'm gonna take advantage of every second of it anyways, good talk tonight everybody great talk tonight And again, if you want to sign up for the class email me And if you want to trial the room email me and we'll see what we get tomorrow All right, everybody. Have a good night