 All right cyber traders welcome on back here for another fantastic edition of our traders talk workshop here this Tuesday March 12th. Happy birthday Robin. It's actually my mother as if she's listening But great to see all our students and members joining us here got Chuck got Alex got Yehuda Brian Rajan Scott all of our students Members just joining us live inside our cyber trading room. Great to have you back there Great to have you back on YouTube Facebook live LinkedIn, etc guys We have a big day today big week all together So first and foremost if you're not followed or subscribed to any of our social media streams just yet actually, please do so now Go a long way not just for us But for yourself actually this week at cyber trading you because actually coming up as soon as I finish up this workshop Fausto will be doing a three day boot camp introductory today trading series So for all of our students like Alex Margaret Chuck, of course you folks already are well beyond that You are a full-time students of CTU always look to support the team though He'll be starting that at 12 o'clock eastern time rich if you want to post the link for that in the main chat right there So our students can register reserve their seat and especially on social media Just scan that QR code in fact to join that workshop or you could follow us just on social media at cyber trading you again That is a three day boot camp series Introductory today trading series that Fausto will be beginning coming up at 12 o'clock. So with that said Let's hop right into the thick of things here because I'll tell you what not just because we have to finish up early for Fausto But there really hasn't been a whole lot to talk about within the stock market I say that because really just the last week or two last three weeks even we've seen so much move on the percent gainers list All these you know stocks whether they're cheap or not even you know Honestly just over the last month or so between the video ARM Coinbase BKTX it actually hasn't all been cheap stocks, but there has been so much moving off of news and Well, it's like kind of like getting the life sucked out of the market the last two days between yesterday And then today even with the CPI that came out even with CPI that came out things were a little rugged to begin We had that drop off early in the morning in fact coming off the CPI And then we ended up getting the bounce a little bit afterwards things are looking good across the market right now So hey heading into the late morning early afternoon There may be may even be some trades coming up here at least that we'll be able to focus on that may be going with the market Really quick actually just from one of us right now. Tony actually says he can't access the traders talk to the student portal Oh, Tony one of our phase one students right there and we're actually messaging him live right now on YouTube right there So perfect there we go, Tony So just check your email inbox one of my colleagues will look to you know Send you over just a quick link to our trading room, but without further ado Well this morning What were the best trades that we could have focused in on today? Well, you know, although I was kind of complaining before how the life got sucked out of the market the last day and a half The CRO had made a really strong push across the morning Hey really quickly just to get this one out the way This is a very simple question that we just go through here and traders talk each and every week We do our traders talk workshop here this every Tuesday morning at 11 o'clock Eastern time What typically happens 30 minutes before then folks for Alex Chuck Margaret over students here 30 minutes before 11 o'clock Eastern time what typically happens to the stocks that we are trading More often than not at least it's not as if the market makers out there have their stopwatch where they say up 1030 Eastern time It's that Fausto rule But you know, that's where you're typically expecting Reversals right says Lee and Alex. So hey easy to say This CLRO sure reversed right around that time at least Alright, well, we got that out the way at least right easy to look at a picture like this and say, you know What had happened after the fact but as far as what we focus on in our basic phase one curriculum The cyber clock 1030, you know So you wait the first five minutes after the market opens first three to five minutes and then from there If there's a good opportunity to jump in we'll take it obviously we got a set I set our stop put our seatbelt on Of course, this could go the other way, right? It's easy to say it moved up afterwards this morning Hey, I took a loss on PLTR. It was dropping down. This was a stock I took the time to prep up in advance line up. I thought we'd get a bounce We did not at first so just goes to say you got to put your seatbelt on as soon as you enter any Trade, I mean, this is actually like two three times more volatile than that PLTR trade at least there But that's where I'll tell you though going into the open will focus more on stocks that are trending upward Prior to the opening bell. Well, this was shaken back down at least after 915 But it was a percentage wise from 830 going into the market open at least the majority of that move there It was pushing up pretty nicely So a lot of us were focused on it for another squeeze up afterwards Let's take a quick look to see where we had big support big resistance on this trade I got in on this trade later on I missed out on like the first one or two good levels to take this trade from and then from There once it broke from the next one. I was able to get in You know, I didn't really chase it in terms of a reckless Irresponsible entry, but I got in late on the trade So if you're getting in late on any trade, you got to follow that reversal time rule pretty handily and think about what happens normally around 10 15 10 30 Alright, I got book map. I got the heat map open right now for all of our students here We teach this all throughout our curriculum phase one at the very end I have a full 60 minute class on the heat map and then from there one-on-one coaching Spread throughout the phase two curriculum. I teach as well and then obviously we're fousers trading live You know, he'll show this in and out as well But let me ask us here when we're looking at this heat map when we're looking at this page going from left to right What prices seem to have the orange? Horizontal lines, you know stretching across them and when I say lines Maybe let's just focus on just the easiest one out there the one that stands out the longest the most What's the one that's easiest on the eyes for you? Thomas right there one of our trial members will welcome aboard Thomas and all of our new members joining us here and alongside Thomas or students like Larry Leonard Alex Keith there we go 180. He got a few different red and orange here, right? But what's the one that's stretching across the page the longest the one that's easiest on the eyes There the stock breaks over it, right? It's breaking over it here prior to the opening bell All right, well really quick. I think for any of our students that are with me every week every month in class I think you know where I'm going to next when a stock is moving up up up up up What color we see more on time in sales? Just every week in traders talk It's the same steps because well, there's a lot of noise out there not just on this one trade But across the whole stock market where we have to be very disciplined with this step-by-step that we focus on Especially while we have the chance to here in pre-market. So Margaret Sam Alex Phil green All right, perfect. What do we typically nickname green folks? We typically nick name green as far as your momentum goes Sam Alex right away buying buying, right? So that's the simple thought there was some good buying at first when this squeezed over 180 this seller got taken out Got taken out because people bought the shares from them, right? So, you know, we had good buying pressure at least in the sequence at 180 and Well, I'll tell you since it broke over this orange line here. You could also say 167 you could All right, well, we'll show what happens in just a bit now Outside of these orange lines. Let me just ask Sam Larry Margaret Alex all of our students here chatting with me Out's not looking at this heat map without looking at this heat map here Where are we most likely to find icebergs? What common set of price levels? Looking for a simple answer here. No curveball Sam just getting simple stuff out here right now, right? 50 cent levels whole numbers, right? So without looking at the heat map Without looking at the heat map there because well, there actually wasn't really much resistance at two bucks on the heat map But you'd still want to assume that at $2 is going to be a key level You could also say 150 a support should it drop that low? All right, let's plot our lines that we had the buying levels We said 167 a little bit a little bit, but it was really that 180 we were harping on more, right? We were saying 180 that was the easier level on the eyes from the heat map The upper green line here. I'm just gonna plot got a couple lines. That's all now when the market opens up I'm just gonna kind of zoom in here show you what happens When the market opens up if you're following this stock Pretty intently Well, we know that we're not trading from 930 to 935, right? We know that But what what else would be looking at right when the market opens up for this stock? There's one last level we need to plot. I focus on this in the phase two course quite a bit It pops up pretty much right at 930, right? And Chuck we're not focused on callouts right now my friend will do that afterwards We got plenty of time to trade today, but we're here to learn right Sam Phil opening bell print absolutely So, you know, hey look at this Chuck you take a look right here this green dot right when the market opens up How many shares is that folks? I want to almost answer that for me It says volume and then the number to the right of where it says volume in that data box It might be tiny to see my apologies if it is but what what's the size next to the word volume? Great to see you Irving joining joining us here Irving always look to join us in our trading room If you have the chance, but otherwise always great to see it either way on YouTube one of our students here joining us Yeah, I got about a hundred fifty one thousand shares, right? hundred fifty one hundred fifty two thousand shares Okay, really quick. Let's do a little size comparison here little size comparison The iceberg order that was out there at 180 Was worth about twenty one twenty two thousand This is worth a hundred fifty two thousand. Can you please tell me? What's the more important level to watch? Is it 180 or is it where this got filled at basically 169 it looks like it got filled basically at 169 Yeah, the hundred fifty one thousand folks. There's no curve ball question with that. It's a very simple one So if we are respecting this level as much as we are Which we should Well then how much more important should this level be right? now of course we're gonna plot this line right here and This is pretty close to at least one of the other levels that we had the 167 Basically the combination of these two prices that are so close to each other We'll create a range of a level to work off of so it looks like in hindsight once it finally chopped above it It took about three five Maybe seven minutes not long you wait the first three to five minutes after the market opens up It drops on the next candle after so you're not trying to catch a falling knife in terms of just placing the order on the bid That's horrible risk management. Honestly, so typically you got to wait to see this break under But then break back over under and over and within the first three to five minutes I can't stress enough. We are we are not trading this year. So it looks like really shaky It's not that shaky because we're just simply not trading in this time frame. So afterwards on the next slip under over You get your entry off. It looks like a really good trade again Chuck right now We are not looking to make callouts right now. He might have me on mute. That is totally fine I'll just keep moving along. So with that in mind at least this pushed up towards two dollars Well, look what happened Chuck the first time this tested resistance here to the first test Typically is the best test where we see the level hold So did it break above it on that candle where my cursor is? Yeah, of course But that's not really what I'm expecting or that's not really what I'm thinking where I say resistance holding Like I'm not expecting it to perfectly hold under the penny level exactly if trading was that easy You and I would not be here. It's that simple Now what I embrace though is to see at least for it to not hold under for it to hold under perfectly Otherwise to get the false breakout. I'm sitting on my hands here at least at this point pop drop Now this could be a legitimate false breakout where you look to take because really the more times it is pressing up Against the level you would like to think that there's a good chance in which it will make that pop and this right here Is where I took my first trade on the stock took a loss on PLTR before that But no essentially where this ended up breaking above to I jumped in a 201. I got out at 197 All right, so with that in mind it ended up beginning to make a bit of a pullback I took a bit of a loss Let me ask did anyone else jump in on this trade today the CLRO whether it was from where I got in from originally or even afterwards over students that are You know tuning into this workshop right now, right? Charlene I see Alex Leonard Phil all our students joining us right now look to a follow this it seems all right well Matter of this right when a stock breaks through a big level What are we expecting shortly afterwards When a stock breaks through a big level What are we expecting shortly afterwards a big move up right? Hopefully up hopefully up a big move shortly after is simply the answer right there We hope up But we can't just guarantee up we can't kick her feet up and just expect on perfect Again if trading was that easy right you always got to make sure that we put our seatbelt on so I jumped in on this Trade and I felt good on the entry it popped up towards. What was this at? 205 so it wasn't a quick it wasn't a quick trade, but pop I felt good. I set my stop psych All right That sucks, but so be it Now at that point though I didn't jump back in on this trade until the next one that I had and that was a little bit later on It was here where my cursor is so I was a little reluctant to try and jump back in It broke over to it took a couple stabs at it afterwards. So it wasn't so clean at first But this is where I'll tell you just in hindsight. I wish I took this trade from here When a stock breaks above resistance and it does run off of it We'd like to think that resistance would initially become what you could tell the traders that are most disciplined They're the ones that are tuning into the workshop and not having their eyes caught on the shiny object in the room The stock that's actually moving live right now because folks Markets not closing permanently. There's gonna be another trade as soon as we finish this up So trust me, I could tell who is more disciplined than not just by tuning into this workshop Support all of us answering here. I see Thomas Cal Larry Lee Alex Keith Margaret Samphill all was just joining us right now So I'll tell you what I was focused on other trades. I was looking at this I don't know. I don't know because the first trade I took right. I didn't want to get chopped up again But in hindsight resistance becoming support. This would have been a sweet entry right where my cursor is Now we're all tell you I got back in on this trade. It was once it broke the highs off of 230 It was just kind of seeing continuation at this point here. We're where was it? Where was it? Right there and it was a small trade I was looking for a push-up to 250 and at that point it tried breaking higher It didn't it couldn't continue and from there I took a small a profit But wins a win ended up making the push above the highs. There was an iceberg at 230 So the first test of it right here pop and drop and Then once it pushed back up, I took an entry right where my cursor now is I was looking for more and more Didn't get it But at least it's a winning trade right at least I got a small piece of the pie in the grand scheme of things Now I'll tell you though this morning I was not so jumpy on CLRO myself right at 9 30 Afterwards I was when I pushed up to 2 I was But this morning and you see I literally put all these lines on this chart in front of you So goes to show I wasn't as interested in this trade as I was Maybe on a stock otherwise a stock that I had lines for I took the time to prep going into the market open CLSK well PLTR was the other of the two PLTR like I said originally and CLSK these two stocks were the two I was more jumpy towards Not because they were up or down a lot. Honestly, they were just more sideless stocks There wasn't a whole lot that was like looking too great from the gainers list of course CLRO But I was thinking more just the stock I do well on more often than not just from my personal side list here So PLTR I did I did take a loss on at first off that 25 level But from there though, I moved over to CLSK CLSK dropped off right out the gate I wasn't looking for support here because I was on PLTR and it broke right through support It didn't break under then back over so at this stage right here. I'm thinking All right. Well, we'll see what happens at $16, right? I mean the more drops It's gonna fall to my next level my next set of support lines that I have Now if it breaks under 16, where's my next level from there? Yikes, not until 15 or so. That's a big drop So really on this trade I got to make sure a 16 begins to hold as support and the more it breaks under it as you see here That's where I'm thinking it's gonna continue. So that is what happened. It ended up beginning to test 16 It broke under and over. I wasn't there for that first trade It broke back under the level so right where my cursor is I am thinking like it alright It's gonna be a decent short. I think it could drop down to that $15 area I did not short it, but I am expecting more of a drop So I just kind of turned away. It's dropping a little bit more here And then all of a sudden this damn thing begins to push back up and I'm a little confused here because I'm thinking all right Well, it should have made a low or low and it did it did technically make a low or low But it really didn't continue to my next set of support lines And also like I had asked of you. Well, what time is typically reversal time? 10 15 10 30 right so am I so jumpy am I so giddy in terms of time to take this trade? Nope, not really Now it is at this point where we are beginning to see a good bounce within the spy So thankfully we did get a bounce all around a little bit earlier than expected at 9 49 9 50 spy Did make a pretty good slingshot pretty good bounce So I saw that I was beginning to see this CLSK trade begin to push up and it was really right off of 16 10 16 15 let me show the heat map here This was not really off of a preset level 16 was that support line I had Here we go So it began to push back up above 16 big seller here got taken out So some potential buying momentum as this began to squeeze up here a bit and that's where I was thinking All right. Well, if the spy is going to actually make a pretty unexpected bounce sooner than we're thinking What's the worst that happens if I set a stop just a few pennies below my level? All right, I'm not going to keep taking that trade over and over if I lose but If I am watching this trade from earlier and it is beginning to make a nice push back up And if there is a level I could try and jump in from and set a tight stop right underneath All right. Well, there's a potential trade there So it was pretty much right as it was building back up off of these highs at here at this point Looking for a higher low pretty much off of past resistance from the chart and easy to say but ended up making that move Kind of here under and over So it led to the entry and at this point I'm thinking all right as long as it doesn't begin to pull back I think that we could be in good shape. I took some money out at the VWAP price So it was a quick scalp entry for me at least on half my trade and Then at this point it was matter seeing the VWAP hold the support afterwards I was a little afraid of that failing meaning like to see it just completely collapse Just because it was a pretty early reversal that we had across the whole market So a lot of times when I do take that type of trade where the stock bounces sooner than I'm thinking And I actually take that trade. All right. Well, let's see if it can go a lot of times It pulls back down and makes a lower high and pulls back and it's like shoot. All right Well, I should have I should have just followed that basic cyber clock, right? Well here in this case, I ended up taking the chance and it worked out Let's say if you were waiting, let's say if you didn't take the trade from 16 or so here you see it pop up without you All right Well, where do you take the trade from because it is possible it does make a pullback here? It is possible it begins to pull back and try and make a higher low from really where I got in from really from the 1615 area But if the stock ends up making that support build as we're getting closer to 10 15 10 30 Well, that could be the entry you're looking for so it begins to push up It pushed up towards 17 I got out on the second half my trade as it was dragging down here I left some money on the table because I didn't get out sooner Meaning that's some unrealized profit get washed away because I was looking for more and then at this stage as it pulled back I just took the remaining half my trade out but Hey, it actually dragged all the way down not just to where I got in from my price Actually right down to that 16 price exactly There could have been room to try and anticipate a bounce from that point still right to see support build off of 16 or off of 16 10 1615 as I previously said and Even now now let's say if we get a better squeeze up within the market or with this being a Bitcoin mining stock Well, if we get a pop on Bitcoin, you would like to think that this would have at least some reaction to it All right. Well in this case here, I do have a resistance line pardon me right here at 16 72 If this could begin to break above 16 72 on good momentum Well, that could lead to the next entry, you know It could lead to a break through that big level on the way up and that could promote a very good entry Especially since it tested it once here and it did reject But the more times that this stock or really any stock presses up against a big level it nips it it punches it It snaps through it. You're seeing that level get weak weakened So over time you're looking for that larger more decisive reaction So I don't know if it's going to exactly be on this next test It might be on a couple of tests from now, you know, typically at this time of the day Truly you do want to wait a little bit more than you should look to just be impulsive and just jump in But it is to say the more times the stock tests a level in a shorter time frame We should look to get that better move. So, you know, at least off of 16 72 We'll see what happens coming up But you know, it just goes to say that there could always be room for an entry. It's a matter of a What's the trend? The stock is down percentage wise on on the day today, mind you But you know, hey speaking of like trends just the last hour last 30 minutes 40 minutes It's not the strongest pop. It's not the strongest uptrend, but it's making higher lows I don't think anyone could say that it's not Uh, so it's a matter of saying, okay, well, where do you have a good level? Where do you have good resistance? Is there a big resistance? Is there a big support? If there's not then hell, I'm not gonna look to take the trade, right? Even if the even if the stock moves up, you know So there's a bunch of trades that I'll look at where I don't take but at least for this one I have a level. I have a trend slowly developing upward If we can get the punch above 16 72 that at least promotes the entry. All right Now you might ask like, why do I have these levels here? Well, that's where I take a lot of time in the curriculum in phase two Namely to break down how I set up my mornings. I'll look through Level three and level four as I showed you I'll plot 50 cent levels or whole numbers depending on the price of the stock You know, this is 15 16 20 dollars at times Typically whole number levels are going to rain supreme on clsk. Hence why you see 16. Hence why you see 17 there So, you know, I take a lot of time in our main curriculum namely phase two to go over at least The whole process in depth a to z as far as how I set my levels For reference, this is actually I believe the monthly close back from this past month if i'm not mistaken 16 72 Right All right So folks say if you have any questions in relation to at least, you know, at least the clsk trade I covered CLRO obviously we talked about just before, you know, this trade pretty much is done for right now I think the entire day this seems to be You know, it's not really a stock we tend to focus on quite often And for all the times that it's popped Maybe it's moved up gradually over time, but we're day trading this. This is not a swing trade So at least after this big volume spike day, it sure died off the days after that's where you got to be careful After a stock has made a big move. Well, what happens when the volume just completely dissipates The stock's going to drop right So, you know, that's just something to focus on if you have any questions on these two trades the clsk Or this one here the clro Let me know, but I do want to jump back briefly if I can to the Miners I want to jump back to the bitcoin stocks the mining stocks there because You know, it's not just me. That's A big fan of them a lot of our students here have been following mara and coinbase and clsk Mind you coinbase is not a mining stock, but you know, it is just to say we've had a great interest in the in the crypto stocks with bitcoin clearly making an all-time high just from yesterday but There's been a bit of some there's been a lot action on it. There's been a lot of divergence between the crypto mining stocks And bitcoin itself as a whole. I actually found this last night. I want to show you this little little show and tell here It might be a little blurry. So if it is my apologies, but basically this shows the divergence over the last like 30 or so days between Or maybe the last two or so weeks of that between bitcoin and the miners. So this is actually a minor etf So i'm sure mara clsk riot you know all making up this etf to a to a great degree This is the mining etf here. That's dropping and this is bitcoin. What the hell? Well, obviously I got a bunch of questions that came in from students about this like why is there such a big divergence? You know, these are students that know at least that these mining stocks are not going to follow bitcoin 100 percent They know that at least But this is a big separation Like a lot more than you would think almost to the point where you'd figure is they're bad news out on the on the miners what gives All right, well a couple of things with this just umbrella comment here to begin with this Has anyone ever realized that microsoft just does not trade perfectly with the stock market? Does anyone realize that microsoft does not trade perfectly with the stock market? Does anyone realize that nvidia does not trade perfectly with the stock market Do you realize that nvidia does not trade perfectly even with the chip etf soxl? They trade differently Right, so for anyone new to these stocks at least that's new they move fairly well together But not 100 percent So don't solely rely on following bitcoin in order to follow the miners What if there is divergence between bitcoin and the spy? Well, what do you think the miners are going to do there? These are publicly traded companies So it's not like they just own bitcoin and that's it right What happens if the dollar gets weakened all together? All right. Well, I'd like to think that there's going to be movement all around within the market collectively So there's not going to be 100 correlation between the miners and bitcoin Is there 100 correlation between gold mining stocks and gold? No Now that's just the first umbrella comment, right? And I think a lot of us know that but I just got across my t's dot My eyes were saying that The question begs though why and I don't have a definitive answer Hate to break it to you don't have a sure definitive answer But this is a thought that I had and and it makes sense It's just makes sense at least I had two thoughts actually at this So the first thought this was back from a week and a half two weeks ago I was chatting brian about this and a few other students separately on the side And I was saying like you know with with clsk dropping off as much as it was and maro was at the time All right. Well, maybe traders are trying to short the mining companies one more time Under the premise that bitcoin was not going to break all-time highs and under the premise that it would fail and then come back down heavy Well, when we came back up to 69,000 we sure shook back down pretty quick So I thought that was the case. But clearly once bitcoin broke all-time highs yesterday Well, it was shaking around but it wasn't coming back down like maro was like this got whacked yesterday, right? and even actually, I'm sorry. It was even from uh The before that the friday before that ended up coming back down pretty heavily afterwards Well, that's when bitcoin was hitting its all-time high. That's when it shook back down. But the day after Well, we should have been running and clearly we were running just the other direction, right? We were just continuing this drop So truly what gifts clearly that first thought I had was not true or it was not the case. It was not correct All right. Well, here's what I'm thinking now I think that and it's not Sure fire, but my thought would be that a lot of traders are pouring money out of the the mining sector Or the miners and they're just focused on bitcoin itself or rather Just not mining ETFs, but just the bitcoin ETFs in specific So I think the one I showed you that the ETF here that's shown. What is this w gmi? We are going to make it. I think that's one of the mining ETFs w gmi Yeah, look at this drop. This is pretty similar to the move that mara and clsk made This here. I think is the vanguard ETF, right? Is this the vanguard one I think it I think it is ibtc So, you know, this one at least here shows a lot better of a push-up, right? This is not as much mining affiliated as it is simply just bitcoin. So my guess it's just a thought It's a guess but I think, you know, some traders are taking their money out of the miners, whether it's the the stocks specifically Or the mining ETF Which drops the stocks altogether and essentially perhaps they're going into just different ETFs that follow bitcoin specifically That's it. Thomas asking money moving into bitcoin rise. Yeah, I mean, I mean all together, right? I mean, that's what happened when the when the ETFs first launched But now perhaps you're seeing that even more so just separating between the miners and the bitcoin ETFs otherwise Brian says plus the interest rates too. I could see when we get our first rate cut the miners will rock Very very potentially, right? When's the next Fed meeting? When's the next FOMC? Was it next week or the week after? I know, obviously CPI today PPI on Thursday retail sales also on this Thursday, but I'm sure that we have a Fed meeting coming up soon. We'll figure it out then All right, um got a couple chats here at least from phil and then louise just shortly after I think so from phil Josh, do you use only the matrix? Meaning the trade station matrix here on the far right Or do you also rely on book map for your level placements? Mainly book map because it's a better tool but The matrix as well Don't ignore the matrix 100% if you have book map because there may be orders from other ECMs that book map doesn't get the data from It's not often But that's where I say you do want to rely on the matrix still But I I'm more book map specific because it's just a little bit easier to read in the grand scheme of it Not only is it that but also phil brought up as well, which is very true Phil says the matrix does not have a higher end of values meaning What phil is saying you can only see so much on the bid You can only see so much on the ask Right and that's you know a big part of it, right? But in terms of at least watching the nearest price levels you still want to keep an eye out there I have it on my platform still right so i'm looking at it here and there There we go louise says the next fed meeting is actually next week. So the 19th and 20th. There we go All right, so we will see what happens then or otherwise throughout this year at that first rate cut again, but um Louise also also says different floats capitalization moats expenses countries princeton Yeah, so every stock's different obviously, but that's where we say just you know Pretty much every day here if there are stocks that that are moving together They might move somewhat similarly, but they're not going to be 100 correlated or 100 the same Obviously amd in the video moves similarly Or different prices right, but it's not even just that if you look at the bitcoin stocks clsk Riot mara those are our main horses in that race queen base obviously too But the miners there's plenty of other miners though There's like 20 other freaking mining stocks that we don't need to focus on because they're trading less volume They're on lower floats not as many people are nearly as interested in them Right, so you know that's where we say of course absolutely louise correct You know every stock is different different floats different volume different market cap, etc So over time the more that you're following us in our trading room You'll get to learn at least what stock is more worth it than others You know, that's where even this morning pl tr for as choppy as this was just before and then dropping again I thought there was the potential to see at least a bounce at first All right didn't get it the reason I like pl tr is because it moves pretty well every day right Not every stock is going to move pretty well You know every day or more days than not at least Um, especially stocks that are in the same business or sector as this is So, you know, at least the more that you're with us in the mornings and you know, you see a scan in the mornings You know what we're focused on You're going to learn over time and be more reactant be better reactant to these trades just once you see them time is saying here new tools to me is uh book map the same as book viewer it is not book map is um You know book map is what we call uh level four So, you know, that is the next level up. So really briefly what I'll do is I'll show you the nasdaq book viewer That right there is what we nickname level three here This right here is the nasdaq book viewer right, uh time that There we go. I know students like chuck and Kathleen right now a bunch of our students in our trading room, you know, they tend to see this every day. So Right here. This is the nasdaq book viewer And this is comparable to the program that was on my far right of my screen the trade station matrix This is built into my platform This is a standalone product So if you don't have trade station, then this would be a great tool to just sign up for it's what we nickname level three It's officially known as the nasdaq book viewer It's $15 a month Now the otherwise the next step above this would be what we nickname level four and that's officially known as book map Um, you know, that's something that we would have you hold off on just getting at first Just because we want you to go through our classes at least see if this is something that you can Commit to yourself over a period of time. See if this is something you want to commit to at least Um, and then once you start going through our classes you get the feel for at least what we're focused on Then at that point we would suggest for you to at least, you know Consider level three or level four to get yourself For as inexpensive as this is at least it's still kind of the same mantra is You don't want to go out and buy a car without knowing how it drives first, right? Pretty pretty simple one there, right? Um, what's the ct member cost for level four? So just private chat me on the side my friends. I'll talk to you about that Uh, just otherwise there's not as much a big discount really there All right, let's go through some questions. Otherwise that came in via email I typically go through those first my apologies for anyone that had sent in an email just beforehand Got a bit sidetracked there at first But I want to make sure that we go through everything here just stocks that we've called out and Otherwise emails that students took the time to send in so all right, so actually One I did cover I did cover actually the minors that was sent in via private chat actually from yesterday So I did that at least all right. So actually speaking of which so I know not as many people Or are as interested within the crypto sector and I get it I understand But I had a question from from one of our gold students abdull and he was asking about one of the cryptos called ripple Otherwise known as xrp He's looking at the weekly And yearly charts and he's thinking that there is potential for a breakout So we're going to treat this the same way that we treat simply just a stock We're just going to go back on the charts for abdull see what this crypto looks like and you know Just see the uh overall trends, you know what he's focused on with it All right one second here. Give me a second here abdull. I got to make sure I get the right one You know it also stinks. I just I unsubscribed from trading view my yearly sub just expired So i'm probably going to get some ads on this now that you'll see Gotta re-sign up for that All right, so abdull you're talking about ripple right xrp the crypto He's here in chat right now and he says yep. Okay. Cool. All right. So let's just look at this This is a crypto folks. Just we're focused on historical charting Just like you would a stock it is as simple as that if you are not interested in crypto No sweat. We're just going to show you how we would look to plot this chart All right now the first thing with this is that this has a pretty decent history And I think that you can go back even more from not mistaken. Let's see if there's even a different uh Different one I could even use There's a thousand different exchanges here. So that's where it gets a little murky with like knowing which is the right one to use Oh, yeah, there's a ton of data here. There we go. This one has pretty much everything that you need to see Look at this. This was at like trading a fractions of pennies at first abdull back in like 2015 2017 area crazy, right Well, I don't think it's falling that far again, right? So we're probably just going to do away with that But you could see at least this did hit an all-time high back in the very beginning of 2018 That was at $3 and 28 cents three dollars and 28 cents Basically all-time high there, right Now though over time What it basically did was it looked to have built past resistance into a support Now this is easy to say this you know crypto ripple it pushed back up over time I guess But folks there was a bunch of stuff going on with ripple and like the sec for a long time So this was not a healthy trade for like this time period here This there was a lot of scrutiny behind this crypto for a little bit Um, I think most if not all of their stuff now is pretty much in the past now So they got that stuff cleared with the sec. I think at this point But this was not really a healthy crypto for a long time. I just want to let you know that Now though That's a different story compared to today So they got all of their sec stuff finished up back in 2000 actually, you know what pardon me Ignorance here. I think this was where they finished up with the sec. I think this right here even this is back in 2023 last year So my apologies on that. I just remember this pop and drop a lot better This was when they finished up with the sec stuff. It's a lot more recent. So Since that time Abdul Well, it bounced back up. We are trying to make a higher high at least from this peak back from the end of last year The name of the game is holding support. Chris says that roughly around 67 cents is a big level well Kind of I mean, you know, it's we're topped off. I guess here on this one day It broke above it kind of here Um, if you're looking longer here just around this time frame I'd probably just even use this You'd you'd want to focus on a series of highs that are holding relatively consistent Not just one spike and you could even go back to here and say well, maybe not even this price here I guess 73 or so cents But even going back to like 2020 2021 where it spiked up as high As like it's like high as 77 maybe So once we begin to see it not just break above that Abdul, but really more importantly much more importantly Hold above that as support Hold above that You know, that's where we're going to see a much larger move shortly after And the same as to be said with any like stock just in terms of a swing I was talking about this just yesterday. Let's look at it live right now Right. Do you folks remember me talking about Pfizer? Steve in the afternoon was calling it out as a day trade Um, I should have put it on our watch list yesterday, honestly And then we were focused on it all throughout the afternoon But I was saying that hey, we have a pretty good daily chart level Kind of this area here all together both of these it was holding under this area pretty nicely back in february Um, and then also back I think even from back even in 2020 and so forth Um, let me just check really briefly one sec folks. Just getting a quick little private chat one moment All right, so just with that you could see Pfizer at least it ended up at least pulling back this morning this afternoon so far Question is are we going to see support hold? Simple as that if we don't see support hold in the next day Two days Then this is not going to be a great swing. It's going to be a false breakout comes back down, right? The same as to be set up dual with that one crypto All right now folks really quick Hey, I got to finish up actually because Fausto coming up right at 12 p.m sharp As I brought up from the very beginning of traders talk today We are doing a three part boot camp throughout this week Introductory today trading series hosted by Fausto Typically we do a webinar once per week, but this is going to be a lot more a lot more in depth Going into nasdaq book viewer going into level three and even level four from there So again, hey that's coming up at the top of the hour here 12 p.m. Eastern time So just with that hey for all those interested in joining us Just make sure that you register click the link inside the trading room chat and on youtube as well If you can click the link on youtube You could also scan the qr code on the top left of the stream if you're joining us there That'll get you access to our workshop coming up later on today Yes, chris that will be recorded all the Fausto's workshops You know typically are especially this three part workshop that will be recorded So I believe that'll be even replayed later on on our youtube channel So you could also join us there just at cyber trading you but um, you know this traders talk workshop recorded Fausto's boot camp today through thursday all recorded all right folks But um, hey if you have any other questions feel free to shoot me over a quick email josh at c2trading.com Actually, unfortunately didn't have the chance to get back to one of us here through youtube So for phil s perhaps just feel free to shoot me a quick email myself Josh at c2trading.com or hey join us live inside our trading room scan that qr code like we had said We look forward to seeing you there But otherwise hey Fausto at the top of the hour folks So we look forward to seeing everyone in that boot camp coming up pretty shortly