 Good afternoon, everyone. Thank you so much, Kevin, for that nice introduction. And thank you, to onlinetradercentral.com for hosting this event today. So welcome. My name is Melissa Armo and I own a company called The Stocks Wish LLC. Today I'm going to do a webinar about making money in the first 30 minutes of the day. This is actually a strategy that I personally trade. So this is about a 30-minute money making strategy. Hey there, hey there, Jerry. If you have questions, just feel free to plop the questions there in the room and I will try to answer them as we go along today. If you'd like more information, you can go to my website, www.thesdocswish.com, and feel free to email me at Melissa at the stockswish.com if you'd like more information after viewing the webinar today. And I have a ton of videos on YouTube if you'd like to go there as well and watch some of the trades I've done and other webinars that I have presented as well. So let's get started here today. Do you want to make money in the market? You know, if you do, this is probably the reason why you came today or even found out about me in the first place. You probably have this inkling within yourself, something, something that's pressing you on. You really have a passion and a desire to make money in the market. Do you want to train the market but don't have a lot of time to devote to training each day? And this might be the reason maybe that you've never decided to actually sit down and learn how to trade because you really don't have a lot of time to devote to it each day but you really want to learn how to trade the stock market. Do you want to do something, something, anything in your life to have more money coming in each month? And the thing is trading is a great thing because you can train part-time and still have another source of income, whether you run a business or work part-time or full-time. You can train on the side and also have another job. And do you want to learn but you just don't know where to start? It's like you want to learn, your brain is active, what can I do? What can I do? How can I figure this out? But you don't have a good foundation and don't know where to go from here. So this is what we're going to talk about today. Really, the market is such a wonderful thing and it's like you really have to have a strategy to trade the market and you might want to do this but don't have an exact means to do it, meaning a strategy. A strategy is something that is a vehicle for the reason you are taking a trade in the first place. Do you want to find a way to pick which stock to trade in the market that will move? And when I mean move, I mean a dollar move or more on the day to pay you because this is how you're getting paid in the market. You're getting paid with moves of stocks, whether up or down, on momentum. And do you want to trade the market but just don't know where to start? Well, welcome. Welcome today because we're going to talk about where to start and what to do. First things first, you've got to find a strategy that meets your needs, okay? That meets your needs, meaning something that you can do, that you can make money within the time period that you've allotted per day to actually take trades and spend focusing on the market. I clipped a little chart here of ARO, beautiful nice gap that happened back at the end of August and had a little move down today. I actually got to the target today here. The target was $9.55 and got to the target today and this is still lower for an ongoing Swinger Core trade. And here was a gap. This is actually the strategy that I trade. This is the gap right here. This is ARO. And there's lots of reasons to trade gaps. One of them is that they have consistent setups, meaning it's not like you're going to go weeks and weeks and days and days without finding a trade. Consistent means you get it several times a week. And here was a nice 15 minute chart in Apple. This actually happened last week. Had two nice setups here in the 15 minute and also, of course, the morning move. So one reason to trade gaps is they do have consistent setups. Another reason to trade gaps is the great risk to reward payoff. Really looking for three to four on the low end, that's if something really doesn't go to the target or the dream target. And eight to ten in the high end if something goes to the target or the dream target. And that's a good risk to reward. Making one to one or two to one is not a great risk to reward. And it typically will actually pass and stay away from trades like that. As silly as it sounds. I want to put my money to work for me and I'm looking for things that are going to have a good risk to reward. And gaps do. Another reason to trade gaps is they have beautiful profits. And when I mean beautiful, I mean that when you take the trade nine times out of ten and it'll move as soon as you're in it and you're out money. And sometimes you make so much more than expected. And that's the beautiful thing about trading gaps. And of course trading something with momentum. Another great reason to trade gaps is the day is in quickly. You trade gaps in the morning, boom, you're done. And when I say the morning, I mean the morning eastern time, the market opens at 9.30 AM eastern time. And depending on what time zone you're in, it could be the morning, it could be the night. However, the market opens at 9.30 and gaps set up between 9.30 and 10 AM eastern time. If I'm not in a trade by 10 AM, I'm probably not doing a trade that day. So your day can be in quickly if you trade gaps, meaning your work day, the actual amount of time that you spend sitting in front of the computer and putting in your work day if you're a full-time trader, your day is in quickly once you make that money in that first gap trade. And another wonderful reason to trade gaps is they have small stops. And this was DRI. This is actually a 15-minute chart of DRI. And it had a dinky-winky little tight stop actually around lunchtime. And one in the afternoon on Friday, beautiful gap trades have small stops. And that's another good reason to trade them because this is how you're getting the risk to reward. You're getting a tiny stop with a nice beautiful move. Even this is a tiny stop with a nice beautiful move as is actually a dojian tree here on the 15 minute that was DRI from Friday. So another great reason to trade gaps is less stressful. And you know what I call it? No suffering. I don't like to suffer. I like to take my trades. I like to get them to go. I like to get them to work. I like to be paid. I like them to go, go, go, go. Less stress. They're less stressful to trade because you're only focusing on one thing. And actually, I only focus on one thing typically in this one direction, which is to the downside. Although you can do gaps to the upside. So it's just less stressful. You don't have to wonder, what am I going to do today? You know exactly what you're going to do. You're going to focus on one thing, gaps. And another reason to trade gaps is the power money makes gaps. This gap back from HPQ, this was back in the middle of the end of August, which is HPQ. Power money made that gap. Beautiful, fantastic gap. You know what? It ran down five days before the gap and it didn't matter. Power money sold out of this stop the day of the gap. And it dropped and actually this is just bleeding here. This has gotten to the swing trade target already here in the 200 per moving average. The chart is definitely lower and it has had a beautiful move and had the biggest move with momentum the day of the gap. And what made gaps? What made this gap in HPQ power money? I call it power money, the power money people, the people that control the trends in stock charts in the market by the way. Another reason to trade gaps is they are effective and efficient. You get the job done. What is a job? What is the reason that you're trading? You're trading to make money. Let's face it, they're efficient because they happen quickly and if they fail, they fail quickly. So they're very efficient and very effective. Another reason to trade gaps is the moves happen in the early AM and again this is a great thing because you can do your job and get on with your day. Whatever you have to do, whatever you want to do, it's a great time of the day to get in, get out, be done, move on with whatever you got to do in the day. And another reason to trade gaps as I've been talking about is the pure momentum and apples had another beautiful momentum move today actually. So here is Apple Daily. Beautiful, beautiful, beautiful, perfect gap last week back here in Apple. This was on the 16th and it gapped up today but it was a bullish gap up failure but had a nice big red bar today as well. This has had momentum all over the place lately, just a nice beautiful chart and a fantastic downtrend. And of course, one of my favorite reasons to trade gaps is that the moves happen fast. The moves happen fast. So you get paid quickly in these and this is a beautiful reason to trade gaps and they are easy to spot. Okay? You want to trade gaps? It's not like you have to think, is it really doing this? Is it not doing this? I'm not sure. Do, do, do, do, do. No. One of the other reasons to trade gaps is they're easy to spot. Once you know how to pick them, it's not like you can't tell this is gapping. BRCM, you could tell it was gapping here. From the night before it closed up here approximately around 3250-ish and here it gapped down the next day at $32. And then it gapped the next day and it closed here the night before around 3150 and gapped down the next day here at approximately 28 something. So you can see the stock gap here. This is visible and the stock gap here, very easy to spot. It's not like it's going to take you a long time to find these gaps, although you do have to know how to trade them and how to pick them. So how are you going to find and pick which gaps to trade? Well, I have a way to do this. I actually rate them. I actually do this the old-fashioned way by looking at the price of the gap and rating them. Gaps really are a specialized strategy and my favorite thing to do and actually I'll never do anything else in the market. Gaps are a specialized strategy. If you want to make money in the market you need to think and act like a true professional. And this is what I'm teaching people to do actually. This is true even if you're trading only part-time. So even if you are only trading part-time you still have to be a professional because you want to do well. Professionals have specialized strategies, systems, and reasons for taking trades. They don't do trades willy-nilly. They have 100% conviction and they have a specialized reason and system for doing something. So really what is it about gaps that makes them so profitable? Why is there so much money in these gaps? Because as I was talking about earlier gaps are made by large institutions. Large institutional money and by that I mean hedge fund money, banks that are investing in the market. Gaps are created with large institutional money and that is what makes the gap in the first place. No amount of traders if we all got together in a row could ever ever ever make a gap. The professional gaps that happen and play out in stocks are formed by one thing and one thing only large institutional money. Therefore you need a way that will help you pick the correct direction to play the gap and confirm that the large money will flow with it because you want to be with those people. By having a formula to rate and qualify the gap you get confirmation and conviction that the large institutional money is on your side and then you play it then you play it to make money. Gaps are an event and create a sense of urgency. When a stock gaps down like HPQ this is that's a sense of urgency that is a big sense of urgency you have to make a decision what are you going to do? Keep the trade be down money sell out of it you're up now you're down you were up a lot now you're not up a lot is a sense of urgency there. Lesson action is being forced by participants of the stock people that own the stock long or maybe people that are shorted that want to get in short more. This is why gap trading is incredibly powerful. Trading gaps is a powerful and profitable way to trade because you are trading on the side of power money and power money makes the market by the way there would not be a market without power money power money makes and sets the tone for the market the the QQQs the spy all the stocks that exist and trade on the market. So how do you pick which gap to trade how do you pick it and how many gaps are there in a day there are hundreds there are thousands and are they all good? No so you need a proven system to find the best gap because there's so many so many every single day and lots of them there's nothing to do with so you have to be able to find the right one because a gap really is something that when a stock closes at four o'clock eastern time when the market closes at a certain price point and opens the next day at 9 30 am eastern time at a different price point that's a gap okay so almost everything gaps every single day because nothing hardly ever opens tomorrow morning at the same price it closed today so you have to find a way to pick the stock that is going to move and have the momentum so i trained the system i created it for myself and now i'm teaching it to people and it's called the golden gap system the golden gap system is a 26 point professional bearish gap rating system this is how i find what i'm going to play and pick on the day and actually tonight i'll tell you right now i was looking at it before we started on watching red hat rht i have not rated it yet i'm probably going to rate it when i'm done here tonight to play tomorrow the purpose of this system is to help you evaluate which gap to trade each morning using a checklist so my system really teaches you how to find stocks to trade that have number one a high probability of directional bias for the entire day meaning it's going to move and move all day if you wanted to trade it number two big moves on the day again momentum a dollar plus or more depending on the size of the stock if it's a high price point stock you're looking for a large move early confirmation of my bias in the move which is between nine thirty and ten and number four precise entries with follow-through and a good risk to reward because this is the goal this is really the goal this is the reason that i am deciding to trade because i want to get a good risk to reward when i take trades in the market so the philosophy behind the golden gap system and the reason that i created it was really to analyze a large time frame to make the trend decision on the directional bias for the gap many many people who trade the market don't get direction right i have found a way to do that i find a way by rating the gap to determine the directional bias correct and all large traders of every kind look at large time frames to make decisions particularly institutional traders so they are looking at what at the daily chart at the weekly chart at the monthly chart they're looking at bigger time frames to make decisions and then i am doing what i am making my trades in a one-minute chart so it's also was designed to make entry decisions and exit decisions based on a small time frame and here's where the risk to reward payout is good which is on the one-minute chart that's what i trade and this is a very high degree of focus and accuracy so using the daily chart to make the decision for the stock pick allows for accuracy in the direction which you want to get right so you can make money with the power money and using the one-minute chart allows for good risk to reward trades with accuracy as a day trader and that's how it all fits together so i'm using the bigger picture to make the decision on the direction and then i'm using a one-minute chart to make a decision for my entries to get the good risk to reward and that's how it all comes together so how many gaps do i get per week everyone always asks me this during earnings quarterly earning season it's like three to five quality gaps per day or more potentially during not even earning season it's three to five quality gaps usually per week and it depends on the week there's times of the year they're busier than others we're getting into the fall season here now and fall is a very busy time to trade the market a lot of people participate in fall trading investors day traders everyone a quality gap is one that rates high enough to trade based on my 26 point rating system and what does that mean it means over 20 so in other words i'm reading the gap i'm not looking for a 26 point perfect score i'm looking for a score of 20 or more that's the idea and if i get that rating then i'm looking to trade it and watch it to trade on the day and ultimately my belief system and what i prove in is 100 correct is that success requires a plan a 26 point checklist an actual plan of something to do to set the tone for your day so you have some direction know what to do know what to look at if you are waiting to take a train for something to pop up on your scanner at 10 o'clock 10 15 10 30 11 o'clock after the momentum hits and it pops up on the scanner you're missing the move you're missing the momentum the idea is to pick a pre-market post-market to find something to watch to play it into the open and how do you do this for the checklist and checklist work the 26 point golden gap rating system helps you pick which stock to trade each day it pinpoints ahead of time this is so much less stressful to train this way having everything figured out ahead of the market open it pinpoints ahead of time which stock will have the move in the day with volatility to train having a checklist keeps you organized okay and focused and what does this help it helps your discipline with your trading having a checklist forces you to look at what you should be looking at in a chart in a stock to make the correct decision having a checklist helps assist you with directional bias and having a checklist keeps you on track to reach your goals which is to be a successful trader a checklist is a plan of action ahead of time thought out a thought out process and everyone that puts money into the market should have a plan of action and a checklist to go into the market without such without any strategy or any checklist is dangerous and the best thing you can do for your training is to have everything figured out ahead of time to know exactly what you're going to do and then you make the right decisions based on the chart instead of based on what's going on with the p&l in your platform really ultimately in a professional level all high income career field specialists have checklist what am i talking about professional traders doctors pilots dentists anyone in a high income career field attorneys the before they go into court and and decide to fight a case all high level income career potential all these things have checklists they do accountants they all do so you need it it's just part of the the part of what's required so really why do these work these 26 points that i'm talking about here why did it work well the rating system works because it's so detailed and it's really detailed analysis of the price action it also works because everything that is being looked at in each point uses a daily chart of the stock and again that's the major major time frame that institutions are looking at when making decisions the daily chart of a stock is the most powerful and real indication as to the trend in a stock for any trader of any kind it doesn't matter if you're short or long-term investor or day trader the price reading on the daily chart tells you everything you need to know about who is controlling the stock and in what direction you must get the direction right on the daily chart if you want to make money trading and anyone that's trading before knows this and this is one of the reasons why people you know they want to trade the market then i said how how can i read what the direction really is gaps make it so easy for you to read the direction because the gaps are real they're there you can spot them they're evident and then when you have a checklist to go through and make sure is this doing this is this doing this is this doing this and then you know and if it gets 20 points or more you know it's going to work in the direction of the gap so let's go over some examples here i picked this particular stocks in loci because it was absolutely beautiful in the last week and a half with the moves that this has made so let's start out here with this gap right here this gap that happened back here in the 10th you can easily see it closed up here the night before at approximately 3350 and gap down the next morning here this is in the 10th and opened or under 3250 ish or right thereabouts this had an awesome move on the day the stock actually ran talk about momentum i'm going to show you this the stock actually ran two dollars on the day so you see this far here and you look at the rest of the chart this is the biggest bar in the chart so how did it set up immediately talk about in 30 minutes or less the stock trade here hit here at 931 stop is over the high of the day how can you do this you rate the gap you rate the gap you take the trade you hit it boom there it is you actually could have replayed this but this beautiful move happened here in the first five minutes of the day and that's it your day your day was done there was no reason to do anything else the entry time was 931 price is 32 33 to enter so that was over 3260 so again this is an advanced trader an advanced trader if they risked about 500 bucks would size themselves with 2000 shares risk was 27 cents an exit was into the drop before it bounced into the 935 reversal time 935 is the reversal time in the market total profit on this trade is 3060 dollars and risk to reward is guess what it's better than three it's better than four it's almost six so here again you know there was no reason to do any other trades this day you could have retaken it or your day could have been done in five minutes turning 540 dollars into over 3000 in five minutes let's come back and look at it here it is right here files off the planet as it turns out this actually was the low of the day the stock reset off and could have been played again but never broke the low this move in here was the biggest move that it had all day this was the biggest move that it had the entire day and it all stemmed from the gap it all stemmed from rating this gap here and reading the gap and seeing it to know this was even going to do something even similar to this and as it turned out it actually went past the target into the dream target of course there was no reason to get out until it bounced and here it is beautiful trade into the 935 reversal time and your day is done and you can go on with whatever you want to do and this is one of the great reasons why I love to trade gaps so guess what it did it again the next day the next day I felt that that was so heavy into itself that first day that it would go the next day this set up on September 11th for another momentum move and guess what similar scenario hit right here and it triggered at 931 stop over the high of the day and ran down here did a double bottom so you'd have to be out into this did not go to the dream dream number wanted it to break actually 31 didn't do it on the day but did have a nice nice morning move enter your time again into the open between 930 and 10 931 price is 31 78 stop over 31 90 this is a better actually uh stop small stop this is only 12 cents so you could have taken more here as an advanced trader you could have taken 4 000 shares eggs it was into the double bottom at 31 25 total profit was 21 20 and again a nice three four hour trade over four hours here and so you risked almost 500 dollars and made 2100 this took you 22 minutes but as soon as you took the trade you were never down as soon as you hit the trading were in the trade you were you were green same thing in this one here as soon as you hit the trade and it triggered you were green immediately go fast and profit and drop into itself oops here same thing here boom and you kind of lower the stop actually and it's a couple different places down i really usually don't do that unless it's a second setup but you certainly could have done that in these and and really really like this to go on full on the second day didn't go to the dream number rally back up then in the daily chart and guess what reset up and gapped again on the 19th this was last thursday there was a beautiful morning play in this actually two morning plays on thursday and you know this is once once again you know sometimes things go and go to the bigger numbers and you could have ever imagined in fact let's go back to the daily chart of this before i go over the actual trade here was the here was the second day here was the 10th here was 11 so there's actually a plane here to make money even onto the downside even though the trade flipped around here and the exit was down here this was a short on the day that was the that was the way to make money on this and then it rallied up here held the gap beautifully triggered on a daily sell set up held i what i loved about this for the move in here was that on this day here the market actually rallied hard this was the day of the fomc minutes it went big green and this could barely get a breath of life and held here on the daily sell set of trigger high so i love this thing and then here was the move that i played down in here and it went broke and broke everything i mean just broke all the way everything thought it could have gone to 30 at the time and this chart is still lower so even after this big momentum move that this had on the 10 look nine days later falls out of the sky again and here it is so on the 19th you could have done it what was the trade later the trade of 1021 hit and had a beautiful entry of seven cents at this time now if you want to risk about 400 bucks you could take 6 000 shares is there volume in this to do that absolutely i only trade liquid stocks exit on this trade was into the drop down 30 31 you would have gotten out total profit was 52 80 and if so if you had risked 420 dollars you would have made 52 80 in 30 minutes this trade took 30 minutes to go and run and the risk to reward is over 12 it's 12.57 times amount risk made a profit beautiful beautiful beautiful move all the way down into itself let's go look at it so here's the entry tries to rally here can't do it tries tries tries tries tries here's the entry stop over here and there it is and again this could have gone to 30 dollars could have gone to 30 dollars but this is a huge move here and once you see something doing something like this you like if you're even still in this thing or hands in the button to flip around and get out okay really nice payday hands and triggers here it is 10 20 10 55 30 minutes and many many times like i showed you in the first trade they'll happen in five and it's 10 minutes 15 minutes but usually in 30 minutes you should be up money and have something into itself where you've got the move and you're getting it going and you're getting the risk to reward so i wanted to just do an example here to show you that this can be done for beginners you don't have to take an advanced level risk if you're new i suggest you do start at a beginner level this guy here he's just going to go and he's learning the information but he can't wait to trade he wants to make money he doesn't want to risk 500 his account can't even withstand that so he's going to risk less but he's still going to do the cash trade he's going to do the cash trade he's just learning this and now he sees that stuff is really good so he decides to take a trade he only risked $42 same exact trade on September 9th and risked 42 bucks and he makes $528 to risk $42 and make over $500 this is a beautiful trade anyone anyone can do this risking 40 bucks why is it so great it's you know a great gap of an excellent gap a beautiful gap a strong strong move lots of momentum weakest convene breaking breaking breaking and the risk to reward is huge this is how you can risk this amount of money and make this amount of money and well you don't need millions and millions of millions of dollars to trade the market as a day trader because you can trade on any level it doesn't have to be some crazy risk you risk exactly what you're comfortable risking this is what i tell people what's your comfort level risk your comfort level so you can focus on what you're doing here to get the trade right to get the trade right to get the answer right to get the stop right to rate the gap right if you are risking more than you're comfortable risking and you're not okay with it back it off because you're risking too much then you'll screw up the trade you'll kill it you'll get out early you'll lower the stop too so you'll do all kinds of stuff you want to have conviction conviction so you can get paid to the move and if you kill it too early or take it again take it again take it again take it in and out three times every time that goes some way against your direction you kill the train you're never gonna get paid and that the idea of getting risked to reward is to stick it through with the trades the only time lower stop is when it resets up and sometimes that happens but not always it's not about learning the stop to break even it's about playing these out to get paid to get the move and understanding really this this is this is it i mean this is in here how do i know the keg is going to drop big on the day because i rate the gap how do i know this chart is going to go in the direction down because i'm rating the gap how do i know it's good it rates over 20 points and the stock is just lower there's there's nothing to do here but short this to the end of time until it says other was the trend in this chart is down so you play it in the downward direction and of all the gaps in the day to trade in the last two weeks this is just a fantastic beautiful move that i had conviction so as a beginner you can certainly do this and just take less risk and do the exact same trades as an advanced trader with whatever amount of money you can afford ultimately though your goal and to do this long term is really to trade with size the only difference between a beginner trader intermediate trader and an advanced trader is size a trader cannot risk more money per trade and take size until they know how to accurately trade over a period of months however trading with size is the goal i mean this really has to be the goal if you want to make a lot of money in the market one play with size can make your whole week two or three great plays a month can make your whole month and months when you get lots of huge plays to dream targets you are incredibly happy and then you realize why you wanted to do this in the first place the reason you may have wanted to trade the market in the first place was you want to make a lot of money i know me personally that's the reason i even got into this back at the end of the 2008 i didn't get into this to make a dink i got into this because i wanted to make a lot of money in the stock market and i had a hundred percent conviction that i could do it and that it was possible so ultimately trading with size does have to be the goal you start out small you work it up you trade with your comfortable with the risk and you learn how to do it but trading with size is the way to go because the stocks move the same for people that are in them a little or a lot and the power money is what's moving in stock so you can trade them with them even with size so i want to talk a little bit here about fast trading and the brain you know the way that our brains function is i truly believe and i know because i'm doing this that we can function at high high optimal levels for a short period of time it is extremely difficult to function at a high high high level with your brain for eight hours a day you can and it is possible to be perfect for a short period of time i am doing that so we can do this you have a great brain you have a beautiful brain work your brain and do it but this doesn't mean over trading and it doesn't mean it's sitting in front of the computer for eight hours a day and so that's why gaps are great too because you're you're in there and they're they do work quickly and your brain can comprehend and make these decisions and trade in that time frame and be totally a hundred percent focused for that short time frame it's it becomes extremely difficult as the day goes on to be so focused for eight hours straight from nine thirty to four show the idea of doing gaps is you are asking of yourself what you are capable of doing and giving and and performing you are capable of performing at a high level for a short period of the day during the time when the gap set up and trade and work it gets extremely stressful as the day goes on eight hours of training to perform at that level it's like if a doctor had to operate on someone in bean surgery for 48 hours because they do it no no they they couldn't they have to have someone come in and take over okay it gets to the point where your brain what your capacity what your level of performance what you're capable of doing we can do it in this time frame i know because we can and we got to be on and you can do it and this is where the checklist helps and you're on and your focus and you know what to look for and the market opens and you do it boom and you book the money and you're out and you take the train so our brains are capable of doing this we can do it i talk about this some more in the wealth manifestation class you know amino acids are actually very very important for our brain functions uh there's a lot of things we can do to help our brains perform at high levels and this is what has enabled me to actually figure out all the stuff in the market my fantastic brain has enabled me to figure out all the 26 points and trade every single day as best that i can so really all to believe maybe the reason you're trading is for financial freedom or just to do something that you like which i'm doing somebody said to me the other day gosh you know melissa i never saw somebody trading that is more fun than you yes that's correct i do love to trade and it's fun it's fun to make money why of course it is what does having financial freedom mean to you having financial freedom means being able to pay your bills effortlessly not work more than 40 hours a week have time for your family and friends and be able to enjoy some leisure time in your life getting to that point of realizing that the market can bring you the financial freedom you want takes learning how to trade properly and a focus knowing what to do and when to do it it counts having the right information to know what to look for it makes a world of difference in your trading and really de-stresses you so you can just focus you have to have the right knowledge and focus this takes away from the element of risk then you're not so obsessed and possessed about the risk element because there's no way of getting around it when you trade the market you're going to risk money you determine how much you're risking but there's no way around it the only way to make money in the market is to risk money in the market in fact the essence of the market what is the market the market is a place for people that are willing to take risk to make profit that is what the market is and you've got to know what to do so how are you going to get the right knowledge you're going to learn how and get a checklist and this is what i teach in my class my class is called the golden gap course the golden gap course teaches a strategy on how to trade gaps which is what i love to do the course teaches a 26-point rating system to find the best stock to trade each day and the course also teaches you how to play the stock on the day which is how you're going to do these entries like i just showed the course teaches you chart analysis and technical analysis on an advanced level steve is asking me if i trade options like this steve i do not trade anything other than equities however that being said i have had people that have done the course and use the information to take options traits why because this teaches you how to get the direction right in the overall move and so i know people are doing this i personally am not but i know that people have taken my class and told me they did option trades and they've done them successfully so if you're interested to talk to people that have done that you can email me i can refer you to those people uh it depends you know obviously the stock it has to make sense i know a bunch of people that have done that on my call in apple uh to the downside doing it as an option and how did they know they read the gaps in apple reading the direction of bias me myself i'm perfectly having doing nothing but this and i'm probably never going to do anything but this but you know honestly you can use the information to do whatever you see fit in whatever trading genre you can if it helps you make money doing it because i you know ideally that's the objective so a checklist is invaluable absolutely invaluable and it tells you what to trade and look for each day and this is the most challenging thing for people what stocks and what am i going to trade today what's the direction to take it the checklist helps you with that and it is very efficient a checklist is efficient to save you time efficiency counts how much effort and how much time are you putting into your trading each day and how much money do you have to show for that effort i mean this is really what i'm talking about people if you've been training for years and years and years you know if anything to show for it take a step back reevaluate reassess use your amazing brain to decide what the heck am i doing here do i even have strategy in the first place and if you're done you gotta find one trading efficiently helps you get better results less time less work and more money that's a dream career to me and i'm living it less stress and better results are the goal and gaps are done in the morning have great momentum results having the checklist keeps you efficient to stay away from not great plays because i don't take anything if it doesn't rate high enough over 20 and then to stick to the good ones to focus on the goodies having a checklist is absolutely invaluable so what would be some of the reasons to learn the golden gap system if you would like to trade gaps and learn how i do it well if you want to make money working 30 minutes a day or less that's one good reason if you want to make a lot of money with a limited and controlled amount of risk if you want to make good risk to reward trades again three to four a minimum and if you want to learn how to trade and you need to prove in strategy in the market and everyone needs some kind of strategy even if you're a long-term trader if you already are a trader right now and you need a strategy that makes you consistent and fast profits maybe you're doing something but it's not enough you're not getting a saps enough the money doesn't come fast enough as soon as you take your trades you're suffering for two hours before they go i could never trade like that every day and if you want to trade the market and your time is limited each week which actually is true for a lot of people because many many people want to trade full-time they have to make a transition how do you do that gaps are a good way to do that first of all it's a solid strategy second of all it happens in a limited time during the day to make money in a short period of time so you can still transition from your full-on part-time job now or career into a new one until you're making a risky enough money trading gaps to be able to quit your full-time job it's actually a great strategy to transition and i did this when i made the transition so it's a great way to make it reasons to learn the golden gap is to trade the momentum trading the momentum getting the momentum momentum trading is one of the most profitable and fastest ways to make money trading that's what makes these things go and run when the people that are controlling the stock of cag or they're selling it they're selling out of it people were long that stock they sold out of it they sold out of it twice big two huge big days and just in a week you've got to learn how to take a position in a stock in anticipation that the stock will have an explosive move because after it happens what's the point you won't get paid you've got to get in it before it happens these enormous moves happen in one direction they happen fast momentum trading is very profitable and as long as you went to the play before the fast and big move takes place you're going to get paid the idea is to get into it beforehand and another great reason is the risk to reward that's another great reason to learn how to trade the golden gap trading gaps makes financial and intellectual sense due to the risk to reward payout for every dollar you risk in a trade you should be looking to make more than a dollar even two dollars honestly some people are only making one to two in their trades i couldn't be bothered i see trades like that and pass you've got to have conviction and believe that the market is actually can pay you and how are you going to do that you got to see the money it's like you know that movie show me the money kind of thing until you do it you're not going to believe ideally you want to make three to four dollars on the low end and a potential for ten dollars or more in the high end per dollar risked because once you make days like that and i call them comedies for anyone in any level just like that that beginner trader who risked 40 bucks and made over 500 you know you've got to have see those kind of numbers to have conviction to do it and then you move forward trading gaps makes it worthwhile to trade because the risk to reward palette is great and you make your money work for you when you trade gaps so not only do you have it happening in a short period of time but the risk to reward is wonderful i mean even if you had to sit in wait two hours you'd want to do it to get paid to make three four five six seven hours in the day honestly i probably wouldn't because i'm an impatient person and that's why i love gaps i like being up as soon as i take the trader like the moves to happen fast i like to book the money as quickly as i can go green as soon as i can in the morning but even if you had to wait it's worth it with gaps because of the risk to reward so really learn how to make money quickly in the day how do you do this trade gaps train the strategy gaps ultimately what i'm teaching people and i firmly believe this in it and i'm getting conviction every day as i'm teaching people who are profitable that i'm teaching people what is called value added education don't waste years of your life trying to make a little bit of money while you are actually losing money in commissions and the market by taking place and doing trades that are not of value meaning you're not getting paid you're waiting too long they lose half the time learn what trades are valuable learn how to read the direction of stocks learn how to retrends learn how to read power money in the market because that's what sets the market and don't waste time training for months and years with no conviction you need to have conviction and if you don't know what this means then you'll know it wants to trade with me because i have a hundred percent conviction when i take trades and it follows it through and this is the only way to trade when you have conviction in a training strategy you can produce positive results and make money when you do not have conviction in a training strategy do not expect positive results you could do something for 25 years and if you don't have conviction in it you're not going to see the results you got to have conviction in what you're doing if you're doing something you don't have conviction then stop regroup rethink about it reassess use that great brain you have to actually figure out maybe i don't even know what conviction is because i never did anything that really worked that good and then you have to start exploring and this is what i'm teaching people this was adobe actually this was back uh last week and you know the thing is adobe was so so extended here in this gap up this was a quality golden gap to the upside of bullish gap here's something where if you didn't have conviction to take this as a long and hold this as a long till it went with the stop at the right place to wait to get paid you didn't make money many many many many many many many traders wanted to shorten fade this gap it was not a fade it wasn't coming in this is a great bullish gap it was a long it was a long it was a long and you had to wait to go and if you did you got paid and it was such a tough trade and really paid it played out beautifully and actually had a move here on friday a great example of conviction and i can name a million examples of this how do you know what do you do how do you have conviction you rate the gap you determine that this is a good bullish gap and this isn't going anywhere but up and then it's actually being bought it's actually being bought the day of the gap so why would you short it no one's going to sell this thing nobody's even up nobody's even up yet it's barely gone anywhere so it's getting bought into the gap and it's going to continue and follow through remember the trend is your friends follow through follow through follow through continuation look at tag look at adobe look at the market so the stocks wish llc and me me melissa melissa armo i am teaching people how to trade for profit i am teaching people how to do it i'm doing it myself and i am actually teaching people who are making money with me i could not be more thrilled you know i did not set out to do this to teach people i made it for myself because i wanted to make money in the market and now that i am teaching people and they are making money i cannot tell you how terrific it feels it's amazing i have a hundred percent conviction and gaps and the market to pay people you do have to learn how to trade you do have to learn how to trade and i know there's tons and tons and tons and tons of things out there but somewhere inside of you and again use your brain somewhere inside of you you have to listen to that inner voice and trust yourself to make decisions on what to learn and what to trade and what to do so the golden out course will teach you how to make money in the market will teach you how to get conviction in the market's ability to pay you and i mean pay you money and will teach you the correct way to trade gaps which is in the direction of the gap by the way when they rate 20 points or more so empower yourself today to make more money in your life and trade the stock market the u.s stock market learn how to make money in the market it's there for that purpose that's the reason the market exists for profit the golden gap course is a complete system to use to trade is all the pieces of the puzzle i teach the 26 points i teach something called the swoosh uh which i made up in the market and is a huge play and i teach how to enter the trades and exit the trades so the class is this weekend it is a full two-day course on how to strategically find pick and play stocks at a professional bearish gaps retakes are free you can retake the class for free as many times as you need to after you sign up for it for the first time so it's september 28th and 29th this saturday and sunday from 9 a.m to 5 p.m eastern time the class is 24 and 99 the class is online so you could be anywhere in the world and sign into the online classroom just like here today it's through hot com and you ask questions and i teach and it's a live class if you're interested you can email me at melissa at thestockswish.com i also am doing a special i'm giving the wealth manifestation class away for free with the course this weekend so anyone that does the class this weekend is going to get this extra class for free and this is a great course it will be september 30th which is monday from 1 to 4 it's normally 399 so actually you're getting this as a bonus for the class this weekend if you take the golden gap class you're going to get this class for free this is really a course that focuses on how your mind works to make trading decisions and it talks a lot about money in the mind it's a great trading psychology class if you've been struggling with things within yourself about your own issues with money and trading this class will help to bring some things together for you so honest students the september 28th and 29th golden gap class will receive for free the trading psychology class wealth manifestation so it's two classes for the price of one great way to go into the fall great way to go into the fall to trade successfully remember the future is yours to create just like the future is mine to create from my own life and my own trading and the future is yours to create too don't forget this you know whatever situation your life is in right now you can turn it around if it's not something what you want if it's not ideal have faith have have faith believe in yourself that you have the power to do it remember what i said you have an amazing brain an amazing mind you are capable of doing this to a high level of perfection within a short period of time in the day you do have to learn what to do but you certainly can do it so fall is a great time to trade the market thank you so much for coming does anyone have any questions we're done a few minutes early now here does anyone have any questions about anything else any questions about anything with the class anything with gaps my watch for tonight if anyone's interested is rht i have not read it yet however i will be looking at that later this evening any one of any questions and if you're interested you can also email me here at melissa at the stockswish.com there you go and also here i'll put my phone number in the room too if you need to give me a call if you have any direct questions so again my email is melissa at the stockswish.com and also you can give me a call there my number in the bottom there 602-799-5754 the class is this weekend saturday and sunday and watch for tomorrow is rht to the downside yes mark if anyone's interested in references you can email me and i can forward you that information as well actually i have such great students that they have been so terrific they have been more than willing to give referrals to people because they're performing so i'm so grateful to the students i've had that are successful um they're more than willing to talk to people because they're happy another question here uh yeah well the idea is yes uh someone's asking about finding the stocks that are gapping yes i tell you that in the class and then you have to rate them so you have to find them first and then you have to rate them the rating part of it is the bulk of it it's easy to find them and yes i tell you i tell you how to find them uh it's just that you'll find a bazillion and so that's why the rating is really really so special because you got it sort through the bad ones to get to the goodies all you have to do is email me if you would like referrals email me directly and i can send you the information at melissa at the stockswish.com okay dy and also mark email me dy and uh mark how much time per night does this take you don't have to do it at night you can do it in the morning sometimes i do it at night sometimes i do it in the morning uh it depends if i'm too tired at night i'll wait and do it in the morning but i get up early in the morning uh and look at stuff too so sometimes things are gapping at night between four and like seven o'clock eastern time and depending what time zone you're in you may want to do it at night and if you want to get up early get up like seven o'clock in the morning and do it and be all prepped and ready to go before the open it really doesn't take that long to rate each gap uh you know obviously i can do it very fast because i've been doing this for five years but if you're new it might take you five ten minutes to go through one but you're not going to rate 20 million okay you're going to pick a couple and rate them and how do you know that well i teach us in the class you're actually going to sift through i'd say probably 90 95 percent of things that are gapping you're not even going to think to even rate okay so it actually doesn't take that long you could probably rate three gaps in in uh 15 minutes and and again i can do it faster but i actually don't do it fast i actually like to take my time i like to make sure i'm seen everything like red hat'll take my time with it because i really like to be focused it really helps me have conviction i'm going through everything the more you can do to get yourself the conviction the better you're going to trade and then it helps you take the trade and stick with it how long does it take to read a stock before the open yeah omt that's what lb had just asked if you're quick you can do it like in two three minutes but if you're new it's probably going to take between five and ten so it really depends you got to get got to get practice at it how long is it going to take you to get good at it to rate them fast i'd say you know you could get good at it within a week within a week of practicing them after you do the class it's not like it's going to take you like forever and ever to do this once you learn how to do it and have everything down you're just going to go through it just the same way i do so it may take you a week to practice them and practice makes perfect remember that's why getting up in the morning and rating your gaps is good it gives you practice doing it lb is asking another question here let me wait till he's finished with the question he's asking me what's the percentage of ones that work and ones that lose for the gaps i'm going to give you two answers here lb gaps and also trades for the actual gaps i went back over the last a couple of months this is back over the summer as far as the point rating system 20 or more to rate the overall trend of the stock for follow-through on the day and in the bigger direction it's over 90 percent i was even amazed there was gaps that i did that failed on the day of the day trade but followed through them the next day or the next day and in the trend overall it's an amazingly high percentage ratio like if you would want to do these swing or court rates for day trades to do there are days where some of them fail and i conservatively tell people that it's between 75 and 80 although if i went back and looked to be honest with you in the last month things have been going really well i mean honestly the more the more that you trade the better you get i'm just not doing things that that don't work at all i can almost see it before it happens and the things that i see they're gonna work i'm just all over them so you know this is experience i've been doing this now for five years i have an extremely high you know percentage of trades that work even on the day you know but conservatively i'm going to say between 75 and 80 and if you're brand brand new you're still going to see good results why because i'm looking at so many things i'm looking at more things than anybody i know 26 things is a boatload of things to look at to get the direction right and i set out to do it i wanted to try to find something that was perfect there is no 100 in the market but i was like how can i find something that works so much and and that's why my system is strict um you can find them before they open yes that's how i trade i always do that like i just said i liked red hat tonight there it is i'm gonna watch red hat tomorrow morning might i want something else maybe but i'm in love with red hat and the builders are out tomorrow morning len the earnings are out tomorrow morning on some of the builders kbh and len i'm gonna look at them too but i was in love with red hat i actually saw red hats chart i even can do this and see you know i can i you know once you get known what to look for okay like in the you know when i trade i look to see okay what is up for tomorrow and i say oh if this gaps down i'm gonna i'm gonna love this thing it's gonna rate high so i'm even looking at them before they even got to try to figure out if they're gonna work now i'm not taking the trades before then mind you but i'm like getting ready to watch them that's how i knew to watch the red hat so i am definitely knowing before the market wave and opens and sometimes i'm looking at things and i like them before they even do anything at all because i'm they're up to have something some earnings report okay and there's lots of reasons for stocks to gap stocks can gap on downgrades news upgrades something happens with ceo they can gap with the market they can gap on earnings there's a bazillion reasons for gaps but the earnings ones you know ahead of time because all you do is look at their earnings list of things and that's how new red hat was out there but gaps can happen all over the place all over the place for any given reason like apples gap up today was on news okay it was a big gap up today in news it was it was a fade it was a failed bullish gap but that was a news gap it was a huge gap on news so gaps can happen for any any number of reasons but you can certainly watch stuff and know what to do ahead of time that's the whole reason to do the checklist you wouldn't have time if you're waiting to do it into the open you'd never have time in fact not only do i have a checklist to guide through it i actually have a sheet i fill out i tell you this real quick and they'll let everyone go i have a sheet that i fill out i actually write down the targets way before the open when i after rate the gap i write down the targets where am i going with it that's how i'm determining if it has a good risk to reward i see where the prices gap in the morning pre and post market and then i look over the target is to see if i've got a good risk to reward there okay that's how i know if i even want to do the trade so i'm looking at that i've got the targets and i also write down all the support and resistance numbers for the stock i write all the stuff down before i even i'm all prepped and ready to go i am so so focused on price and what i'm doing in the morning so focused on everything whenever i figure out my gaps i mean this is how i become successful and i'm teaching people what to look for as well to know what to do it in fact one of the traders today played a continuation gap in dri following through to the downside lower he had a huge day i mean he watched it it had a huge day it was just nothing but a continuation gap wasn't even a new gap okay i had a beautiful dollar move um my facebook a while ago has been very good yes i called facebook i called a beautiful call on facebook i called a beautiful call on netflix to the upside i i've called alter to the i've called some good long gaps this year actually uh following through for bigger moves alter netflix facebook adobe's higher now too all of them yeah i mean they're they're working nicely if you've been following me um on youtube or anywhere you can you can see i'm calling the market great too really calling the market great and actually i think the market follows through the upside tomorrow even though we're down the last three days give you a little market call there i have to see where the market gaps tomorrow morning but i we're not going down anymore i don't think tomorrow morning and if we do if it's for a quick move down and then reverse flip because we're higher we're higher over all the market this year so i'm trading bearish gaps in a bullish market and it's working so what is going to happen when the market turns you know what i'm saying dream targets every day all right thanks everyone email me if you'd like more information thanks yes i do a lot of enthusiasm i i love what i do i actually love trading is so much fun and i like teaching people too so email me if you'd like thank you so much online trader central dot com and uh i'll see everyone soon email me if you'd like to do the class this weekend have a great night everybody