 Welcome. This is Melissa Arma with the Stock Swoosh and I wanted to review Facebook. There's a huge lesson to be learned in Facebook for all the people that did this trade. Not only the day trade today but the bigger trade for the week. I guess the play for the put for Facebook because we talked about this in the trading room every single day this week. Because from the day that I called the trade it rallied and I called a put in Facebook. I called the 160 puts and the 155 puts in Facebook and I called it on this day here in the 24th. Yeah that was Monday. And then every day the stock was rallying and people wanted to kill it. They wanted to kill it over this pivot. They just wanted to kill it because it was rallying and some people did kill it even though every day in the trading room. Every single solitary day we reviewed this trade and I got a lot of emails about it from people and I told them that there's nothing wrong with it. Follow your money management rules and lo and behold the stock broke and fell today and you know I mean look at the move that it had. So I'm just going to go over the day trade here for people today and then I'm going to do a longer lecture video if not tonight tomorrow on the chart of Facebook which I think is very important for people to understand and a bigger lesson here too which is really how to reprice action correctly. But just to go over what the day trade was. Let's do that first. Look at that sell off. Falling off a planet as I would call it. I'm gonna squish this. Squish it. There look at that beautiful selling action. Look at the volume here coming. Anyways this fell off in the morning okay and then we did it late. Drop fell broke, stop held. Could have added even more in here. I told people that they could do that as well. Sent the email out and then lo and behold it fell completely off a planet. One more pushed down in here and really went to every single number that I thought it would today and more. So Facebook was a nice plane here today. It was a nice short and you could have added to the put today and improved your cost in it which I did say to the trading room for the options trade and this chart has looked lower to me for quite some time. So there's no way that people didn't have a good exit on this today because I mean this just fell off a planet. Just fell and all the selling action happens so quickly and the nice thing about day trading is that you can have moves like this that happen big and fast and quick and we prefer them to be in the morning. The stock did drop in the morning but the bigger move happened later so if you held it through if you believed in the trade and particularly if you did the ad which I called in the email this afternoon as well it worked. It worked. So Facebook overall if I'm looking here at the chart just want to show everyone the stock gap down here today. So we shorted it and again I have a rating system. I only look at gaps. I'm looking at bullish gaps and bearish gaps but I prefer to look at bearish gaps. So one of the reasons I prefer shorts is because shorting action could happen very quickly. As you can see here the panic came into Facebook today. There was news that came out but that is not the reason that we did the trade. The reason that we did the trade which we entered the trade before the move even happened before the news even occurred. We were in it at an amazing price okay over 167 drop off here in fact the low in the morning here was what are the day 16256 we had a great price on this. We were in this before it even really sold off and the reason is because of the gap. So I can predict where stock is going to go based on my gap rating system and if you'd like to learn that from me you can learn it in my golden gap course. The course is a two-day course that I teach about once every four to six weeks. The next class is October 6 and 7. Don't miss it. Do not miss this class if you want to trade in the trading room for earning season for this quarter for the end of 2018. Do not miss this class. You will want to be in it. You want to learn the system and you must take the class and learn the system to be in the live trading room and you want to get calls like this. There were two trades in this the option this week and the day trade today and they were both fantastic. And hopefully everyone listened to me lectured about it every single solitary day in the trading room. So incredible call and people everybody should have made a lot of money in this today. Some people killed the trade. Some people didn't do it. You got to have conviction and I'm going to talk about that in the next lecture very very soon. Have a great weekend everyone and if you're interested in the class or have any questions email me at Melissathe stockswish.com. If you have an opportunity to learn from me I am teaching the class still myself me and it is a live class and I'm still hands-on with people. There may be a time in the future where I'm not. Learn the information from me now while you can. I'm telling you you know I know what I'm doing people so you gotta you gotta learn it and do it and be in the room and get the calls and take the trades. Talk to you soon.