 All right, good morning traders and welcome to the bookmap pro trader webinar series first day of the series here March 6 through 10 today. We have Faustal Puglisi of cyber trading University We've had him several times in the past and he is an expert at order flow and scalping We've had him several times in the past and we've Yeah, he's a stock trader. He his history here. Let's just go through his biography here He was one of those original day traders of the so's bandits back in the day in the early 90s and the taking advantage of that direct access technology back in that would it began in 87 and then yeah, he acquired a wealth of knowledge from the years of hands-on experiencing Experienced beginning in the trenches working side-by-side with some of the most Practiced and successful traders in the industry after spending considered Considerable time mastering the art and discipline of day trading Fausto chose to start his own company Which is the cyber trading University to share some of his highly sought-after wisdom. I have Fausto's Contact information here. I'll be putting this into the chat if you want to reach out to Fausto at Cyber trading University. They do offer education and mentoring services. They have a trading room Etc, and they've had this for years. So If you're interested in that Then I will provide the links for you. So you don't need to copy them down here Let's go through the disclosures and I'll turn it right over to Fausto general disclosure all book map limited materials information and Presentations are for educational purposes only and should not be considered specific investment advice nor recommendations Risk disclosure trading futures equities and digital currencies involves substantial risk of loss It is not suitable for all investors past performance is not necessarily indicative of future results Okay, so let me grab your screen Fausto, and I will Pop it out and present it here Alright, we're good to go Alright, no problem. Can everybody hear me light and clear Bruce. You okay? Yes. All right. Good. Good. Good All right. Well, welcome everybody and like I said Bruce. Thanks for having me big big fan of book map I'll tell you a little story about it I know we got some people that are here pre-advanced that have been using using book map for a while But I think you should know a little bit about my history because I get solicited all the time by people Hey, could you use my platform Fausto? Could you do this? Could you do that? Like Bruce told you a Bruce met Me several times even before he even started book map He remembers you remembers me doing traders challenges going back at the money show. I mean, I've been doing for 30 years I mean, I'm not some spring chicken that just started out and You know, obviously you could see here. I got a nice cup from Nasdaq. I've been I'm one of Nasdaq's big speakers They you know, I they want me to teach and I do presentations on how to use book viewer And it's very similar to book map. I mean, but Obviously not even come close to some of you know the difference and you know, listen The exchanges want you to know how to trade on their platforms I help pioneer some of the ECNs that you're using on the book map like island that got converted into Nasdaq You know archipelago, you know, it was us day traders that I started that helped build and pioneered these platforms that you're trading in today, you know So if you're trying to follow like the high-frequency trades the algorithms the dark pools all those things that you are looking at on book map you know, once again, I helped develop a lot of them and being part of that I Don't use anything but the book map platform So I'm not here to sell you the book map because you already have it or you're using it or maybe you're watching this on social media right now or as a recording and Maybe you want to know the value of how to use it properly or how do I use it now? There are people here are going to be using some bells and whistles on the book map a lot more advanced than I would use it because I Keep it a little more simple. I mean some of you might use the VWAP or or some of the other bells and whistles So I'm just going to tell you how I use my crystal ball on how I find these stocks How we trade them and I'm also going to go into the market and show you a couple of them that are moving So let me get right into it. What's again risk disclosure to everyone as always Listen, I'm not making any guarantees of promises, you know trading barriers from student to student So, you know, please be very smart before you make your trades out there and use these platforms So once again, this is strictly for educational purposes only now This is what we're going to learn the webinar to go over a couple of three very important things I came up with a word called iceberg orders Iceberg orders are big block orders. Those are the orders that we're going to look at on the book map those thick red lines I'm going to explain what they are. I'm also going to explain the breakouts of them I came up that word. Once again, if anyone here you can go on our YouTube channel I did a whole little demonstration on it, but give you a little crash course I assume everyone wants to move the Titanic beautiful ship. What happened to that ship? It hit an iceberg You know, it's not what's on top of the water, it's what's on the bottom of the water So, you know, we want to know where those icebergs are all the time because we're basically controlling the ship And we're making a lot of money with all those people on the ship We don't want to want to die. We don't want to blow up their accounts So you want to make sure you're hitting an iceberg I'm also also going to talk about the momentum of trading using the volume dots So obviously very important and high probability entries based off re-breakouts so Getting right into it. What are the actual methods of launching these stocks and their experience to surge of their value? So what makes these things move and how do we find them? You know what how do like I Do I before I started this meeting? We run a meeting on YouTube ourselves every morning at 9 a.m We actually start our trading room at 7 30 in the morning eastern time now. How do we actually find those stocks? because 50% of the people fail just on trading the wrong stock now some of you a little bit more advanced Maybe you keep trading the same stocks over and over and over which is good because sometimes you have a good pattern You understand how a trade you understand the personality of it, but on the flip side sometimes they're not doing anything You know, so I like to trade stocks that have a lot of action a lot of good volatility But most importantly a lot of control so listen my crystal ball is like everyone's crystal ball I just work off the big percentage gainers and losers. Okay now I'm gonna go and show you that Because I'm gonna show you how I'm gonna find some of the stocks that moving this morning off the big percentage gainers and losers Now for some of you you might look at this list and be like, okay So out of all those stocks that are moving there are over 25,000 stocks that are trading We're looking at the top top hundred or top 50 here and you're like, okay Now which one out over there is going to give us the least amount of risk with the high amount of reward Well, it's not about the news. It's not about, you know, um earnings. It's it's all about, you know Who's buying it and who's selling it? Big thing I think a lot of you people that are pretty advanced here that are training the book map all understand And you're probably starting to realize the way things go up and go down is buyers and sellers now Listen, I was a market maker on Wall Street. I live here in New York, you know, and it's the financial capital world I was trained by the best traders and I got into trading. Okay, everyone want to use all these fancy Indicators and this and that it's all about following the money. That's about it And you know what the more you start adding to your platform the more complicated you get the more you think The more you're gonna lose those opportunities to go out there But finding those stocks just really quick. Don't waste don't waste too much time on it. Um, I do a whole lesson on You know going through that list and finding out which one's got good spreads good volatility good movement Good iceberg orders, you know, we teach something's called the three T's tradable trend and trap those are the three things you got to focus on so You know, let's again, I'm not gonna go through that now But you can always join one of my other webinars I'll give you guys a registration at the end of the presentation If you ever want to see how we find these stocks and everything else you get I'm gonna give it to you at the end Now, um, let's move on and let's talk about a couple of stocks that we traded So there was a stock called ai now ai is obviously was moving on friday It's been a hot stock. You'd heard about the company. Everyone's like ai ai ai listen ai is no different than You know, kovat. It's no different when uh, when the when the Moderna stocks all the vaccine stocks moving It's no different than when the ev stocks are moving. It's no different than all the chinese I'm making go on and on and on the financial crisis The uh, all that but right now in the last couple of days on weeks ai has been moving So I want to kind of show you what we've got going on here Now your question that you probably looking at is like, okay That is is ai still running? Okay, or When did I get out now? By the way, I want to point this out This is not just specifically on day trading. I do use this the swing trading also right so So not to jump ahead or bounce around all over the place But being a professional day trader. Yes, I do swing trade And I know there are people out there that might say well Can I use it towards options? Well, let me just tell you about options You can't be a good options trader unless you're a good stock trader. Okay, it that's like, you know, that is that It's like 10 times more risky So don't be always be fooled because of the the risk factor and the leverage all that that's all That's all, you know, that's all fluff But um, but going back to a trading you want to be a good swing trader You could still use this but you got to understand the day trading aspect of it also And being one of the original day traders one of the original souls bandits Um, and I used to trade on the stock of something called instant net machines and stuff like that This just makes it a lot better now When you're looking at this platform, you'll see it. Um, I kind of like kind of keep it simple You see the VWAP here, but I like to keep a little bit more simple. I just like to see the red lines I want to see where the orders are So here you are looking at a stock of AI. We've got some big pre-market movement here And you could see this big iceberg order right here on top around 26 Now when I change the slide here All right, you could see right here that AI breaks out after 26 And you could see a lot of the green balls not much volume so far kicked in But you could see that once the market opened up it kept testing it It kept testing it kept testing it and then you could see eventually those green balls Which I assume a lot of you hear that trade on Look that know what that means that is your that's your time in sales A lot of greens big bowls now I know but Bruce does a more detailed version of it You could kind of limit the the volume bars and the bowls and am I here to teach you a A mechanics course on the platform, but like I don't use all the bowls Um, I don't need that, you know because I don't need to see every ticket at one share or 100 shares Maybe you want to default it to show you show me things thousand three thousand whatever it is And that's basically how it's set up, but that was a pretty big iceberg order But what do you think happens next? That's the big thing The stock keeps breaking out So when you break through 26 and then when you start zooming out the goal is is this That I have a game plan And that's everyone's biggest mistake How many of you here go into a trade and you make money on the stock you're like, oh I'm making money. It's so good, right? Okay Where are you getting out? Remember one thing Is the old brokerage firm Uh line they always use you didn't take a loss until you sold it Or in my way, I say it you didn't make any money until you sold it So You're sitting there and you want to make you know, you know, you see you hear our ai you hear these things moving And you're like, okay, where where do I get out? Well, you got to do what you can To zoom in and zoom out as best as you can Okay, using the tools that you have to find where are the next big block orders Now like I told you I just keep it simple Right because I'm too distracted and with other things on having a game plan because if you want to stock at 26 Now think about this very carefully. You want to stock at 26 It goes to 27 You had a thousand shares Okay, and you're talking less than an hour You're talking a thousand dollars. You're talking about a quarter million dollar salary That's I don't know about you, but that's a lot of money In a short period of time I don't even know attorneys don't but some of the best attorneys don't charge that in an hour You could make it so Listen, some of you pre-advanced some of you like well, I make more than that But there are some people here that hey, I'll just be happy making $50,000 a hundred thousand dollars a year Okay, but you need to see the value of it You have to understand the book map Is not what most people use which some of you on social media watching here doesn't focus on the past It focuses on the future and the future is this Where are the limit orders? Who is out there? Where are they getting out? So when you're thinking what is program trading if you're thinking what algorithms are if you want to know what institutions are Okay, they are thinking. Okay. We you know, we have a stock We got to protect our downside or we want to take our profit They're out there got those limit orders. And what do you see big iceberg orders sitting there right at 27 to 55 000 shares So Next question he comes up AI made a better run only after it rebroke above 27 You have to remember being a good trader is always having a game plan when I teach my students Okay, um, we give them journals And part of their journals is that when we do our coaching with them the one-on-one coaching We'll look at their journals and we'll go back and review a stock that they did because You know making mistakes believe it or not. It's not a bad thing. It's actually a really good thing People think like what's so good about making mistakes because if you know why you made it You're not going to do it again. We're only human humans make mistakes. That's how we got to where we are today That's why we got better at it So looking at this stock you could see that the stock broke resistance Had it a break resistance. Did you see the orders getting filled on time in sales? Did you listen sometimes you might not use it here, but did you see on level two? Did those orders get were they refreshing? Okay, these are all the things that you have to understand when it comes into trading on on the bookmark platform And you want to understand about breakouts stop listen stocks break resistance levels all the time Okay, you just got to make sure that it's not consolidation Or you know or it's just or a dark pool Where someone's just trying to get out of a trade these are things that you learn with experience And once again, I have a whole lesson on that alone, you know on itself But here keeping it simple stock breaks it. Where's the next game plan? Where's the next resistance? So if you look at 20 you look here at 27, where's the next ceiling 28 now? That is a pretty substantial move when you're thinking 27 28, that's a dollar and you know kills me. I know people out there that trade I know some of you that on that are With book map and some of the other you listen to other presenters and so on some people think that that's not a lot of money I'm like, are you serious? You don't think that a dollar they're like, well, we see stocks move three dollars five dollars That's a lot That's a lot. So and so this helps two different people number one Helps you when you break out number two if you feel like You like the stock and you felt like you're chasing it Well, listen like it or not when you break through a ceiling Guess what? Well, let's yeah a ceiling Where it's going to go. It's going to go to the next ceiling think of a building So you're looking at more of an architecture drawing here on a family who follows architecture But believe it or not. I went to school for architecture. I guess that's why I became a uh, I love trading so much Because it's all numbers and everything else. I know we have a lot of engineers too. They love this stuff It's all numbers, right? It's all about following the orders and you can see where the next big block order out there is at 47 Uh for 47 000 shares at 28 so Look how the stock trades from 11 30. It goes up to 12 28 dollars It comes right back down to 27 for 30 minutes and it goes right back up to 28. Okay, so Sometimes what happens here is like if you had that game plan And you got out guess what if you didn't You could have threw in an extra dollar profit if you missed it You could have bought it back and then it went right back up to 28 By the way, a little quick little tip. I want to tell everybody you probably want to take the opportunity You want to write this down? Okay I think I learned from my mentors Oh ever ever ever ever Sell a stock that ends in zeros and fives I'm gonna repeat that Don't ever sell a stock that ends in zeros and fives because most people on that trade And you know if you're more advanced you see all these orders at 28 you see all these order at 27 Well, why go out because remember if you go out at 28 You're gonna be last on that line So if there's 12,000 shares out there and you want to sell a thousand you're gonna make a 13,000 So remember that people go first get executed first Little tip go out there at 27 93 You have to sell into demand don't sell into supply. Okay, because if you didn't you could see how that stock backed off I never really tested it So What about false breakouts? How do you know it's a false breakout? Well, you could see here that the stock basically hit 28 It took the person out a couple of sellers end up showing up a couple of little people lingering still had some orders out there And then boom, there was no one out there selling it And if you look right here, this is this is the big thing you have to kind of like observe One of the things that we kind of notice when we teach what we train our traders is that When you execute that big order out there What consolidation means is that It's not going it's it's not going anywhere meaning that Buyers are refreshing And as the buyers are refreshing they're not advertising but they're refreshing And by them refreshing those orders out there on the offer keep getting hit over and over Now they're not being that they eventually they keep exposing themselves right here at that $28 price range But they keep refreshing keep fresh refreshing and then finally The seller ran out and the longer it trades at that number the better it is for a breakout and boom You could see how it went to 28 50 did the same thing over there it consolidated It traded it traded it never backed off Okay, and then guess what broke through 28 50 not as big as that 28 But there were some sellers at 28 50 took the guy out and now we're going to the next biggest seller at 29 where you see the 42 000 share seller So listen like it or not Miss the stock or not you could always get into the trade You could always jump back into it All right, and that is one of the big things about following these stocks that make these big runs Let's look at revon There's another stock that we uh that we traded last week was a pretty fun stock great short right You ever do a stock and you see a short and you're like, okay, do I cover here? And by the way, I don't know why a lot of people are afraid of shorting You should be more crapping in your pants if you're trading options shorting is you know Options shorting is like options. It's just more controllable. It's more black and white But I like shorting because whatever goes up comes down twice as fast So here we have a stock where we're nearly testing a big buyer here at 17 43 for about 140 000 shares in pre-market Big big buyer, which by the way, I don't know if anyone here trades pre-market But I love pre-market. We trade that You know early bird gets the money we always say so Market opens up That's that big buyer. Look at those green balls right there So boom this buyer gets done gets executed What happens then you're starting to see program trading kicking in around 9 30 So not only are you having trades in the pre-market, but you're also having Trades that will pop in once the market opens up Now I don't want to I don't have that much time to spend but give you guys a little heads up on how pre-market works Uh, because I was a very big pre-market trader and we still are and you're more than by the way You're all welcome to come to my trading room and see how we do this, but um For some of you that a little more advanced here You guys know and you probably have access to pre-market You probably don't know but like 95 percent of people do not have access to pre-market And the reason for it is brokerage firms don't let them Um and for several reasons number one Um, they want they want them to put the orders in pre-market So they know what they want to buy because they have a guarantee buyer So what they do in pre-market, they'll buy a cheaper and they'll sell them for them Then they'll sell to when the market opens up. So remember there's there's a whole size behind Why they love pre-market and don't want to give you access to it You could still put your orders in pre-market, but you won't get exit to the market starts And that's one of the little tricks that they do and there's a couple of more things also But we see all the orders out there. We know what's going on Um, but here you have an example of the stock how that big buyer gets done now with that said When the market opens up Obviously now they you know think of the doors open up the market opens up now people flooding into the room And all these orders show up and all of a sudden you see a big order out there for give a take Was that quarter million shares at 17? So just just keep in the back of your mind And for everyone here Like it or not Hope all you want that stock's going to 17 without you with you without you So you might not think that's a lot Uh, but 1,000 shares you lose 50 cents. That's 500 dollars. You're losing $100,000 a year Now Ask yourself an honest question. Are you really making money? You know, I mean and I'm not just talking to people that are here That that trade with uh with with that but How about some of you that watching here that aren't social media? Are you really making money doing it? Because if you're not, you're obviously doing something wrong when it comes to trading So getting back to there that stock breaks that big support levels boom It goes down to the next support level and guess what like it or not Hope all you want that doesn't mean that That iceberg order is going to support it because it'll go down and if that someone executes him Sorry, it's going next down to the next buyer And I mean and now you all of a sudden like well, I could afford a 50 cent loss Okay Guess what the 50 cent buyer got done There's it going to the next iceberg order. Where's the next iceberg order right there at 16 50 for about another 160,000 170,000 shares Now like it or not it's going there with you or without you and who's to say when it gets to 16 50, it's going to hold Do I know that you could see the time right there 9 30 at 10 o'clock it goes it could happen pretty quickly Now for the people out there that are in that are that are listening that ever been in a position And don't know how to take a loss Let me just tell you this When I teach my students I would say 80 of my education that I teach my traders is not how to make money The winners take care of themselves. I spend more time teaching you how to stop losing it If everybody wants to know how to make money in the market, right? How about this? about learning how to stop losing it because You can't make money unless you know how to stop losing money And here's an example of if you don't know how to get out of a trade and know how to come to you know Reality that a buyer got done it like it or not. It's going down there with you or without you Now I started one of the first Trading rooms in the industry actually. I'm sorry. I did start the first one in the industry and at the end of this presentation I want to buy all of you guys to come in And we've got hundreds of traders in our trading room We've trained every single one of them We want to give everybody a VIP access to come in and see how if these people make money doing it and you'll see like We teach the traders how to think for themselves and we also teach them something Point system. We don't talk about money first. I don't like egos. I don't like people bragging. Okay um I was taught not to brag Because that just means you're a show off and it just turns people off But um, but at the end of the presentation I'll buy you guys in there and you'll see how we mainly focus on Controlling losses making sure that you're working with a team that knows that hey If we all got a we're on the trade and and we all need to retreat and back off We're all going to back off But when you trade by yourself Doesn't work the same You know what I mean? Like I know here on uh, some of you on discord and a lot of you like it It's because you're able to work with other traders and you could do that But we took it to a totally different level than working on discord We actually have our own professional trading room with all the bells and whistles And you guys will see it at the end of it But I'll let you know a little bit about that later getting back to that stock that we're looking at Um, and just having that little bit of a gameplay just to kind of reiterate There's something called a ladder effect. I don't know if anyone here have ever heard it before but um What happens here is that there are situations where a stock might build up strength And a buyer might be out there. He know he's not going to get executed So he has to uptick So here you have some upticks not only when you saw that quarter million share buyer But now you're getting another 250 000 share buyer So that could cause a ladder effect So here you have a stock where that buyer got executed You start to see sellers starting to show up because remember this is all the future not the past And once that buyer gets done You could see he added To that 650 From let me go back to that price. You could see it right here. It was 140 44 000 shares He just loaded up to about a half a million And that little buyer out here you could see like sometimes they pull their order And like crap, you know what I really want to buy as much. Let me get out of it And guess what if you don't see these orders pop up Guess what? You're gonna be on the wrong side because be on the wrong side Can actually cost you a very very big loss So as you see these orders start showing up here on like 1650 they're getting executed so on This is what drives these stocks up and going down now. Remember getting back to it. It's all about following the orders It's all about seeing what's coming out in the future But if you keep using your Fibonacci's you keep using your your your your mac d's your 200 moving averages or whatever you want to use there are hundreds if not thousands of indicators But there's only one indicator that I preferably like to use on the book map Is the book map itself to kind of tell me where these orders are Who's out there who showed up and who got out? It's all about the kiss method. Keep it super simple Let's go over the market check out a couple of stocks in pre-market Okay, so we got a couple of things here and let me bring up the actual book map now And uh, sure what you got going on. So there were a couple of stocks that were moving this morning I want to bring up this stock right here and let me just bring up my execution system This is lazer So here you have lazer. Let me just bring this up. So this is this is actually a really cool stock So remember I was telling you that can not only use this as a day trade You could also use as a swing trade so you could see lazer Hit a high over here at 10 70 this morning was one of the stocks I was moving pretty nicely in spring in the pre-market And then all of a sudden the market opened up and it just crapped out And it shot all the way down here to seven nine 70 and it hit a support level at nine 70 And it shot up about 10 30 So the goal is why did stop at 10 70 and why did it bounce off? 970 well when you come up over here I mean There's nothing more that could kind of Explain it better than this in pre-market If you look back here, here's 8 30 in the morning and you could see like a lot of the colors start showing up Once 9 30 showed up But you could see here in pre-market that there was a big big iceberg order right around 11 Dollars now I don't know if you guys have it set up But you could have this where it goes into pre-market You could even go into see what happened Yesterday if you want and you can go back And you could even go back and see what happened a couple of days ago if you really you could see 36 hours 24 hours So you could see those orders were there. I'm just you know, it's just not a curiosity. I'm going to do that Let's see where this happened yesterday It's got a load of data loading up historical data More data you asked sometimes the the longer it takes to kind of like Get there But as it's loading up its data you could see here that there was a lot of resistance levels here at 11 And then all of a sudden once the market opened up remember, I told you Some of these orders might come up once later now remember 11 Everybody told you earlier don't ever ever get out of stocks I or small stocks end in zeros and fives. What happened here right at 11 11 is a whole number Okay, not a not 10 97 not 10 85 not 11 02 but 11 dollars But you know that that 10 70 11 dollars was a major resistance. How do we know that? Because when we looked at this chart right here And if I draw my trend line 11's all the way up here, but there's that 10 70. All right, you could see it right there if I go back you could see that 11 there really was no big resistance, but 10 70 was pretty close to it And then you could see right here The support levels which obviously is probably the more clearer picture You could see that there's a lot of support levels right around that 9 70 from friday And guess what it kicked into today now some people might be like, oh, you know what my indicators show me Okay, you know what I always get a kick out of doing this but And I know some of you here Listen, I'm just trying to also appease the people that are watching this on youtube and facebook But if you want to kind of go out there and slap in some of this stuff All right, we'll put in our Moving average rsi's shanking personally known to Bolger band anything else mac d You know, I mean if you want to slap all that stuff in there I don't know what you're looking at but I think this is obviously a lot more clear to kind of get an idea where support resistance levels are Okay, because obviously, oh, I don't have the data from the day before Um, usually I let it run but you could see the support levels right there. I rather look at this And look at that if you catch my if you catch what I'm trying to go um First let me get all this stuff out because get me dizzy Take all this stuff off At that that Once again gets method. All right, so Put this back the way it was Now there were a couple of stocks that we're moving to this morning here's snap And um, by the way, this is my trading room. Just going to bring it up and show you right here This is the room. I'm going to invite all of you guys into These are all our traders here on the left. These are all our instructors that are on the left He's all the people that are in our trading room All these people right here and you can see right here in the middle Is all the chat You have an alert service everything everyone's going to have an opportunity to get in there So right now they're looking at snapchat right now A couple of things I just want to clarify We look at snapchat stock was moving this morning Some of you probably feeling is it too late to jump in? Is you know, is the stock uh, is it still going up? Whatever it may be Well, what do we usually do as professional traders? You got to have the game plan But is the game plan we will never buy a stock without checking and see who's out there So we'll go to snapchat right here And I want to bring up the chart Now you can look right here You could see it like listen I know some of you here like to use all these bells and whistles But I'm just keeping it simple here because as a professional trader. These are things as a day trader I really just like to see the raw data You could see right here big resistance levels here around around 1150. Okay At this morning you could see in pre-market. There was a big big iceberg order right here at 11 What happened at 11? You see that big green ball big volume bar here on the bottom guy got executed. Okay Boom where did it go? This person showed up here right around What is that mine 32? What is that 1150 50 cent move big big big big resistance level Not as huge, but it is resistance What happened right there hit that resistance came right back down to what? At resistance becomes support So right around that that 1150 11 dollars, which was resistance once you break resistance that becomes a new support level What happened here? It did something which you might want to call A double top a triple top Um, we actually like to call this a thousand flag Some of you don't know what that means. We have a video on it When you do a trial, we'll give you a couple of like short videos explanations of it But it's it's another sign of consolidation. Maybe you might have heard of bull flags and bear flags Some people don't even know what how to help act actually is being built or what it is These are things that you learn when you're part of cyber trading university But let we actually like to call them foul still flags. So here's a flag being made Consolidation happens seller gets done. Boom. Where's it go? Big next big red bar. So even though when the stock here at 945 you'll see that this new person showed up Right around that 850 like it or not that stock goes to that 850. What does it end up doing? It takes him out Now, do we know if he took it out or not? Honestly, I don't know if he really took them out Ain't know how I know that because look at the bulls Okay, the bull bars are not that big Those bulls are not as big as I would have envisioned to be meaning he probably canceled his order See when you look at this bull right here, the bigger the bull the more volume happens That means that order got executed this person probably did which you know what people ask me all the time Is this funny in some of you here on book map? Probably know what I'm talking about um I deal with a lot of beginners You know and you and there's a lot of people that wanted out there and try it They're like, how do I know that? How do I know that's a fake order? How do I know that's real now? You know and I know If you can't put fake orders with anyone Now that person can cancel an order right you can cancel an order So he probably went out there. He started getting executed. He said crap. Um, let me get out. Let me pull my order And how do I know that because we look at the time in sales We look at those time in sales the person didn't get executed. So what does it happen? You could see this other order was out there earlier um up around 12 Now that guy, you know, those orders were getting filled. See the bull got pretty big So that volume bar right there got executed, but you could see he kept adding it adding and adding it Now this is the thing that people want. You have to look at it. The question is What's happening? Is it going to go higher? We're about about 10, you know, we're already about an hour into the market opens up Is it going to continue to go higher because 11 The 12, you know, I mean nothing. That's still a lot of money if you had a thousand shares Well, gotta have a game plan. First of all At 10 60 Roughly 10 50 that resistance look what ended up happening. Now this buyer started showing up Not a huge buyer. Um, you got 45 000 24. You gotta was that four Five six seven you've got 80 000 shares so I mean 12 to 11 60 books You know, that's a lot. I mean to lose if you had it, but the goal is the stock is strong Right. So looking back you got to go back. You could zoom in now You probably notice on the trading tools Just left mouse click you could zoom in with your mouse and go back and you go over here Now you can see that you have some big iceberg orders. If you get past this 11, you're probably this 12 You probably can go right around this 12 50 um long-term orders out there now You can see here. You can kind of zoom out. You can see long term 15 18 nothing big there but um Starting to get a little bit of a ladder effect right here. You can see people are consolidating between 12 40 12 45 and 12 50 You got a lot of big orders. You got to get past this person here. Now. How do we know if that person is getting executed? Listen, I hope you guys don't neglect using this but Time and sales Is a very important tool Using your transactions that taking place and you see I have them How they basically the colors mean green means transactions on the offer red means transactions on the bid So, you know, that's all real time So if you kind of like figuring it out where those orders are getting done, you know, I kind of like Sometimes look at like this And I'll see my I'll look at this order right here and I kind of compare and see if that guy's going to get done And I'll see these transactions taking place right here. You could see that those orders When you zoom out They're right there. You see how close it is. That's why it's nice to know how to zoom in and zoom out with the platform By the way, a little tip to everybody um, I Last two weeks ago. We did an on-site class in Jacksonville. Um, we always do on-site classes for our our traders and um, You know, listen, some of you here Just, you know, I mean, you probably already know this but but you probably don't Um, please don't use a laptop. Um The mouse thing could you guys get a mouse for crying out loud because you're making your life so difficult So if you're watching and you think you could trade on a laptop, you know You're just making life a lot more difficult and and once again, don't get six monitors and 12 monitors You should at least have a minimum of two. Okay, maybe three just a little tip also that I find and sometimes you don't know This until you actually meet the people in person But um, definitely setup is very important. And now we're backing off On this position right here sellers out there. You know, he's out there You can see it's backing off, but you always want to have a game plan. So as a trader Whenever we go into a trade, we always want to know where's the next biggest sellers And a little tip I just want to kind of throw in there is that Could always you could always buy it back I always always taught as a trader Is that you're better selling into a resistance level than holding into a resistance levels? Okay, if the stock breaks it, that's okay It made money on the trade Okay, and if it does look like it's consolidating on that trade you could always buy it back um Let me just look at one other stock right here because I see them looking at one other trade That's moving in my room I'm looking at ai There's a stock that they're trading right here. You can see it right here. They're looking at ai Uh Chuck traded this stock right here a a rdx. He made some money right there looks at this look at ai Okay, so ai has been doing really really well You could see how the stock had a good pop right here and a nice little push So the stock ran from 27 up to 30. That's a is that is that a high? No, no, it's not a high almost Yeah, this is a high right here 30 almost there. So the game plan is Is to buy it is the stock going to break out is going to go to 31 Well before we ever ever jump into trade We'll never we'll never jump into a trade. We got to know where the orders are Oh, don't feel don't ever chase the stock go out there. Look where the orders are first. So I'm loading up ai really quick and Hell, what do you know? Anybody here want to buy the stock at 30? I don't know Do you see what I see? Let me change this up to three hours I want to see what happens. This is so we get a little more historical data here Right now. I'm only able to see the what happened the past hour So look what happened here Little buyers showed up right around here once the market opened up It went from 28 20 bounced off this support at 27 You could see a big volume bar and someone else showed up ladder effect kicked in and now that seller and think about that 27 The 30 is like ridiculous. That's that's a huge run, right? You never think of saying I'm holding the stock to 30 Right, but looking at it where it's at. He showed up at 9 30 right now. It's 10 40 Okay in the morning. We're about an hour 20 minutes in Uh an hour and 10 minutes in I'm sorry and look at it. He's adding to his trades So guess what you are coming up to 180 000 shares seller Okay, so but you know and I know Looking at the long-term chart here You're looking at maybe this resistance So 30 uh 31 not even thinking 30. Well, look what happened here in uh This more You know look what's happened here in pre-market. It went to 30. It came right back down to 29 50 It's going back to 30. It's building up. So, you know stock traded about 21 million shares Listen, let somebody else break through the 30. Let somebody else get past that 180 to 80 000 shares Why you need to go out there and get greedy and cocky? Do you know what I mean? Oh, I know AI. It's great Listen, it went from 20 to 30. This is the greatest thing since sliced bread. It's a new thing I get it and I and I love it too. But let somebody else break through it I'd rather pay 31 20 Then then then wait because then wait if it breaks through 30 Guess what? If you notice here, it never ever tested 30. By the way, I'm going to teach you very remember. I told you this I'm going to tip. I told you never buy and sell things that ends in zeros Look what happened right here. Look here in the middle. It's right here. Look what the high is. What's the high? 29 98 Interesting never hit 30. I wonder why Okay So remember, I told you a little tip of the trade always go out three four cents less Sell into demand because guess what if you didn't get out now you're down to 66 And you know what who's to say? at It's not going to go right back down to 27 50 Do you look right here? Look at the orders out there and now now you start to see so other people. Oh look what happened here So what's happening here? Is this order right there that that 180? He just remember that's not one person That's more than one person. He went out there. He just lowered his offer He pulled his order from 30 went for 29 80 now. Look we're dropping down Listen, it's all about following the money. All right So That ladies and gentlemen fellow traders is how we trade at cyber trade university And I know some of you here are trading futures. Some of you here are trading crypto whatever it is I like to trade equities. I love trading equities. I don't know because I was born and raised in new york That's what we do here with the new york stock exchange But um, but when it comes to my style of trading You know, I don't make this more complicated what it is I know some of you here on book map like to use some other crazy tools that they have And that's great as long as it's working for you But my style is just keeping it more simple And if you're watching any of the social media or maybe you're watching this as a recording and so on You know, um, and you you get nervous of trying to get into this All I could tell you is this I have been introduced to I can't tell you how many platforms and I refuse to use any of them because You'll all focus on the past. But when I was introduced on this one, I was sold since day one and you know But just keeping it more simple when it comes to trading All right. Now, uh, for some of you here that want to kind of like maybe Um, join the trading room So to post this link up here for some of you maybe bruce. You could post it too Um, I'm going to be doing a workshop on this again So I'm going to give everyone an opportunity to get a day pass into my trading room And you can use it whenever you want and I'm going to do when I give you a workshop. So I got, um, hundreds of hours of Lessons that we've done not including myself From my other instructors. So you'll get a sense of different styles the way we do Understand program trading. How do we journal, you know, uh, basically understanding breakouts and everything else And a lot of it is all done on the book map platform How do we find these stocks all that stuff? So all you got to do is just go to cyber trading university or you can go to ctu.co And, uh, you can register right from there. I think I even have a link for some of you here. Hold on Oops, I think I'm right here. You've got something a little bit better for you Make it a little bit easier So I put the link into the chat for youtube and discord Okay, good. Good. Good. I had a, uh I'm sorry. I think I had a, uh A qr code, but it looks like it's Yeah, I moved it Um, I think I moved it. But anyway, yes, you could probably like I said, you got the link right there Just click on it. Now. Does anyone have any questions by the way? I don't know if anyone has questions here No, it's been pretty quiet here on the on the question side Okay, so I I just had some some comments though. I mean like I I just um It you know, and we I've probably said this like in the past in other webinars However, just like the simplicity and it always struck me Of what you're looking at and just how simple you're keeping it and not getting caught up in all these details Uh and understanding support and resistance and the orders around those areas and how they how traders react to those areas And uh, how powerful that is and how simple it is You know what? I mean, you know what Bruce so many people have different styles And I know a lot of people here on Are a lot more advanced and do a lot more features and you know, listen, you can't appease everyone But there's also just there are people out there that don't know how to get started You know and don't know how to just like and not get overwhelmed by all these, you know Everything that that the features do listen I always tell everybody this if you're not making money within three to three to Two to three months and you don't get it obviously what you do is make it too complicated Or you have the right wrong mentor and so on Um, you know, if it's futures if it's forex if it's you know, if it's options, whatever it is Sometimes you gotta take a step back and make things a little bit easier If you're not trading and you're not hitting the button, then you're overthinking things and you've got to simplify I've done so many presentations where people come in there and they like and they want to learn from this person Learn from that person and they start next thing, you know, they have the big, you know All these windows open up on their platform and they don't do not one trade So sometimes when you start taking a step back and keep it in simplified a little bit better Then you'll see you'll be a more aggressive. You have to trade Um, because you're not trading you're not going to learn, you know, that's really comes down to it Listen, I just did an event and I'm doing one this week trade station I don't know if anyone here uses trade station. So trade station we're endorsed by The biggest brokerage firms in the industry thinkorswim, which I know some of you could use bookmap on the thinkorswim We're gonna get I know bookmaps also go into the trade station stuff like that They want listen if you're successful They're gonna be you're gonna be a client this forever. Last thing they want you to do is blow up your account But um, but the one thing they learn those brokerage firms why they endorse CTU because we've been doing it for 30 years and you know and We keep it simple and most importantly We're gonna tell you point blank if trading is for you or not, you know But um, but you got to do it right And you got to start from somewhere and it starts off off by hitting the button and doing a couple of trades Any other questions you have bruce I've had lost bruce. Oh, I'm sorry. Uh, uh, here I am Jono said that it's basically uses on thinkorswim. No, I don't think that's true. Um, I mean, I would you know argue with that Um, it it's more of the kind of basics Like the the bookmap global version Uh, and uh, it has what exactly what Fausto has been demoing in here And in fact, it's connecting to dx feed for stocks as well So you're seeing the heat map you're seeing the volume bars and the volume dots And um Everything else like if there's other add-ons, etc. Yes, you are right. You are correct Their development, uh, is slower than ours on the desktop version So, uh, if you're interested in and more of the features then you then I would suggest trying out the desktop version, Jonah Yeah, you can do a desktop version and also, um Just kind of let you know Here's our youtube channel. Um, I did book map On thinkorswim. It's actually the most probably the most popular video on book map, uh On using the thinkorswim platform. So listen, I There are people here listening just let you know that are going to be watching this recording They're going to watch those youtube videos and stuff like that and just don't know how to get started How to get the heat map so uh book map is definitely expanding into You know into integrate the apis into these platforms You know what what you're going to learn is it's a good starting point But eventually you're going to want the desktop version. You know what I mean? Because once you start learning about things that it's capable and not capable of doing Uh, you're going to be able to start, you know, you're going to have to upgrade. Listen I have a tough time just training people Just to spend $15 to get the book uh getting book viewer on on nasdaq You know nasdaq is like fast so come on our show Please tell everybody because you know, it's like when I started bruce I mean to have a seat on the new york stock exchange cost over Several million dollars and everyone's like I wish I had a seat on the exchange But you wouldn't dare come up now you can get a seat for 15 bucks and people still want to spend money So another tip I want to give everybody is this If you think you're going to get stuff for free just get out of this business because you're going to lose all your money You know what I mean? You can't nothing is free nobody works for free. There's no such thing as free lunches Okay, this sounds good. You know, but at the end of the day someone's paying for it You want to be successful in this business? You have to treat it like a business You have to have the right tools you have to spend a lot of money to do it But you're gonna have to spend some money to get started even just to learn it You know, so you got to do it the right way and that's why You know, uh bruce and book map have me here because I just see People that and bruce has been there. He's seen me done presentations at these expos and stuff And it's just amazing but like 90% If not 95 of people out there I'm gonna lose all their money doing it because of ignorance because of being cheap You know and just not doing right not having the right mentors So you got and listen, I might not be the right person for you. You might want listen Book map has so many presenters that gurus that come in here But I can tell you this you have to learn a little bit from everybody And then you're gonna have to kind of feel like who's gonna be the right person or the right style You're gonna have to take a couple of classes with people Um to kind of learn it, but you think you're gonna just go out there and think i'm gonna buy the book map It's gonna be you know, uh You know, it's gonna be the holy grail and make your money No, you got someone's got to teach you the tools how to do it live markets So just don't be ignorant because I think ignorance is you know You know, it's gonna cost you a lot of money in losses Um any other questions bruce? Um No, I mean, I just like you know about the simplicity and what you're doing. Um, you've been consistent over the years Looking at exactly these things and then just a wealth of trader knowledge and and execution And and risk management knowledge, but it's very very simple Your support near resistance areas and the order flow around those areas. That's that's what you're looking at That's all I do and the getting back to that stock we looked at ai look what just happened You know if you didn't have that game plan and got out at 30 Look where you down now now now you down to now you down to the $29 price range You used to throw away a dollar or let's say you chased it and now you down a buck You know who's saying gonna go lower because I don't say any buyers until we get back down to the 27s You know, I mean, so I just like to keep things simple You know, some people a bit more advanced than me here. Um, and I could be but You know, sometimes you make things more complicated what it is the end of the day Are you making money doing it? That's where it comes down to it But uh, just focus on the future and not so much on the past All right All right. Yeah, excellent. Uh, so, uh, well, thank you very much Fausto. Uh, give you the last word and we'll wrap it up here Yeah, absolutely. So everybody, um, just to kind of let you know if anybody here wants to basically register Um, you have our website that you can go to I think I just had here a minute ago Uh, that was the youtube channel but you could just go right to our website and just basically Just uh Look up on top anywhere. Just go you can go to ctu.co Uh, and like I said, just register right there free one-time offer book map It started just click on that right on our homepage or a site We'll get you registered and you know, one thing you'll notice About us. It's very very different than other schools Um, we take this class very very seriously. We actually will give you a number you can call You'll be able to talk to our staff talk to our instructors. We treat it like a doctor's office You know and listen some people don't like to take phone calls. Some people don't like to give you their emails We don't play that game. Um If we're looking for traders that we could trade with that we can make money with and that's kind of really The way I was raised and trained to be very successful in trading So if you're looking for a team if you're looking for somebody that you could talk to if you look for somebody That's gonna be honest with you. Um You might not like what you say what we say, but you know what the bottom line is Uh, we're not looking just to train people to train them We're looking to train them where we can make money with them And if we feel like you have it in you we'll give you a questionnaire We'll we'll give you a uh a You know, uh, we'll let you take some quizzes and so on But you know what the way you're gonna learn is look and see if other people make money in the room And that's what the key is so look forward seeing you all um and uh, and by the way, thanks Thanks, Bruce. I have me again. Look forward being back here again And uh, like I said everyone just remember you got to learn before you could earn So thanks for listening and look forward. Hope to see you get all you guys registered and see you in our trading room Thanks faster Thanks for having me. All right. Bye. Bye