 Good afternoon everyone. Let me know if you can hear me. Let me know if you can see the slide here Wonderful. Thanks so much for having me Welcome My name is Melissa Armell. I own a company called the Stock Swoosh and Tonight is gonna be a really good webinar. Is everybody awake? Is everybody listening? Is everybody here? Tonight is gonna be a lot of charts and actually we're gonna Talk about the strategy that I train and We're gonna go over the last 14 days Okay, of trains in the trading room And we're gonna go over the the actual entries and the profits that you could have made on all of these trades in the last 14 days Okay, I'm gonna go over the charts. So I'm actually gonna show you how Just you know in 14 days time because and this is gonna be a long lecture I hope we don't go over but if we do go over Kathy can move everybody into my trading room if she can't stay But I think it's really important for you to pay attention tonight because I'm gonna show you exactly how you can make this money and specifically in a fast time period because that's when I focus on I focus on trading in the morning So I run a live trading room where I close the room every morning between 10 30 and 11 Some days were done trading by 10 o'clock 10 15 If you're interested in more information You can email me at Melissa at the stocks wish calm You can follow me at any one of these places here in social media YouTube is a great place to go and subscribe because I have a lot of videos there And if you have questions or if you're interested in learning my method after tonight, you can call me here at 9 to 9 3200 gap What is the reason that I have a successful strategy and now a successful business where I'm teaching people how to do my strategy It's because I'm very focused When you're focused you have a higher chance of success as a trader and on top of that You have less stress and guess what when you're risking money in the market if you're less stressed You will make better clear decisions The one of the reasons that people tend to lose money trading is they're under a lot of stress when they're risking money and they're in Trains live whether they're up or whether they're down Okay, until they're out people get very stressed out And I tend to be so focused and I'm only doing one trade a day one stock symbol a day and usually only in one direction We will look at a few longs here in the last 14 days But for the most part I focus on shorts and the reason for that is because they move very quickly And like I said, I usually like to look at the first 30 minutes of trades It's not that you can't make money going long. You can every once in a while call along in the room But if I'm going long on the day, then I'm not shorting or vice versa Okay, so again, it's the focus on even one direction for whatever day I'm trading it So if you're here What do you hope to learn from being here today? What do you want to get out of this lecture? If you want to make money just trading and working for 30 minutes You can trade for career if you want to do it If you want to make a lot of money with a controlled risk now, what do I mean by that? Today, we're going to talk about the trades and I also use stops And and the real stops I'll put a stop in and it's a hard stop If the trade goes over the stop then I lose in the trade, but it's a controlled risk Also, you might be here because you want to learn more about a strategy that you can use to trade that successful Something that can make you fast profits And if you have a limited time where you can be in front of the computer Because a lot of people have other jobs. They have family their responsibilities depending on their time zone They're in I'm an eastern time zone. I'm in Manhattan So the market's open from 9 30 to 4 to the time period I'm trades between 9 30 and 10 But there's a lot of people all over the world that I've taught and some of them are late at night Some are in the afternoon and it's not convenient for the people to be in front of the computer all day Also, I found that actually you get really really tired. Okay, if you're sitting in front of a computer all day and then guess what? You're not as focused. Okay, you're not as focused and that that isn't good. Okay So can you make six figures that you're in the market trading? The answer is yes And we're going to talk about specific trades today. Now it does depend on your risk Does that mean if you can't risk the amount of money to make this that you should not trade at all? No, okay If you are losing money in the market or you want to trade and you want to learn something Whatever money you can afford to risk and make using my system Is great. Okay. This could be a goal So today we're going to talk about a risk of about a thousand dollars Some trades were a little bit less than we're a little bit more. Okay But it was about that's the range we're going to look at today for the risk If you can't afford to take that risk back it off. Okay, the trades are the same It doesn't matter the difference would be the quantity to share size, which we will review today. Okay So you have to be focused. That's how you have the high accuracy rate and You know, again, it has to do with how your mind acts and reacts to money and risk and and And the speed of the execution which you can take the trade. So I'm trading on a one-minute chart Somebody said in a webinar earlier this year And they mentioned to me that they'd never trade on a one-minute chart and I thought to myself. Gosh, you know I only trade on one-minute charts in the morning unless for some reason I'm doing a later trade in a 15 minute But the one-minute chart has a very very Detailed way to read it and look at it that you can do it And that's how I'm getting the high accuracy rate too And then that's how I'm taking the size and then putting the stop to get the flush of the move the trade whether it's up or down Okay So the time of the day is critical critical to get the trades to get the move to get the direction right to get the setup And many many days if you wait if you're late if you don't get the trades at the right time Guess what? You're not going to get it. You're not going to get the move 80 of the stocks that I trade have the move in the morning in the first half an hour or an hour of the day I'll say I'll say the first hour But if you look at a daily bar of many of these stock symbols, which we're going to look at here today Many of them have 80 percent of the move of the bar of the day within the first one hour of the day Now that does not mean that I'm trading that whole hour. Okay, but I'm just talking about looking at the daily chart So What makes stocks have these big moves that you can make this kind of money the kind of money We're talking about here. If you want to do this as a professional person over the course of the calendar year How can you make over six figures 100 grand a year 200 grand a year or more? It's because institutions are in control in stocks and you are playing alongside that money And then it is easy to make money You know a lot of people struggle with trading I can relate to that because of the fact that when I first started out I didn't know what to do either But it took me three years to create my own system and now that I have it I have I have a niche Okay, I have a niche because I'm looking for that institutional money And then I'm just playing the move that happens with it. In other words, if I'm shorting I'm playing the big sell-off by the institutions And if I'm going long then I'm playing big My amounts of money that are the word that are coming in they're buying the stock up and big lots Big share position quantity where they're pushing the stock higher. Okay This is a great example and I know I squished all the bars together of the power of institutional money This is WFM for those of you that follow the market I'm not going to go into a whole big long lecture on this although I might do some kind of lecture on this later This happened on Friday where it came out the news came out that Amazon was buying whole foods. Okay Amazon was buying whole foods for 13.7 billion And as a result the stock had a big move up in a gap. Okay, so again very very small here But this is a daily chart. I'm just doing this. I just want you to see here Okay, these are candlesticks as a daily chart down here is the dates I just want you to see the power of institutional money. So what happened the stock price gapped up Huge then overnight once the news came out and was made public So at the previous day it was around here 33 something Boom it came out. They were buying it or a strike price of 42 or something The deal hasn't taken place yet. It's a second half of this year. They're reporting But anyways the stock price jumped. So this was a big move up Okay So this isn't a good example of the power of institutional money that could move a stock So the stock got bought and it moved it up. Okay Now we're going to go over interspersed here where I'm going to talk about my strategy Which we didn't get to yet the last 14 days of trading and what your trading future could be like If you wanted to learn my system if you risk a thousand bucks to trade and I'm saying on average because Some trades I've risked a little bit more some were less than a thousand. Okay, but you this is with no piggy targets Okay, many of these stocks moved larger moves, you know after I get out of them But I'd like to trade early and quickly and get out very quickly You could have made it for $18,000 in 14 days I had a really good run this year in 2017. I've been calling amazing trades This in 14 days were a few days that the the the room didn't do any trades and there were two losers Okay, so two losers in 14 days and you can still make this kind of money So I don't want to hear any negative talk or any negative nellies that you can't make money the market You can the biggest problem when I talk to people which I've talked to so many people since I've had the business in the last Five years is that they are all over the place in their head And we're going to talk about this at the end of the webinar here It's it's like they have no conviction They have no conviction in anything that they do when I take a trade I'm like, you know I'm like right on top of it and any of you if you've ever been in the room in the trading room with me on trials or open Houses, you know how I am when I trade or when I when I'm right into that period in the morning the one minute chart But I'm very thoughtful about what I do Okay, I'm very focused and I always say you can be perfect for 30 minutes But you know hard to be perfect from 9 30 to 4 6 and a half hours is a long time to be perfect So don't do that to yourself get in get out get in get out Okay, and this was no piggy targets So the win ratio actually for the last 14 days has been 88 percent. That's unusually high I'm not going to promise you to be that all year. I usually run around an 80 percent win ratio You know, like I said, you know, I've been I've been extremely focused. I've been like a lightning bolt lately. Okay And and this is what you have to look forward to if you can get focused so many people are just all over the place And guess who makes money? You don't make money when you're all over the place The broker does the broker churns and birds commissions When you are in and out of trades a million times a day and that's the only person that wins And it really kind of out up for you because if you're taking too many trades in a day or trading all day long Your commissions can be crazy when I think that when I first started the first year of my commissions were I think I spent 35 it was close to It was close to 40 grand. It might have been it might have been 35 or 37 thousand dollars I spent a commission the very first year I ever traded if you can believe that I I ended up moving to a different broker that was the place was way too expensive I was too green to know that at the time Um, but having a place that has good commission rates when you trade volume is important Whether it's volume in number of trades or volume in the positions But the only person that makes money when you trade all day long is a broker Okay, and I find that when you trade longer longer longer and the more trades that you just give the money back to the market Okay, so you you really have to be so thoughtful about what you're doing And then you make all the money in the trade And then it's a little bit of a commission whatever you pay. Okay So the total monetary risk for all the trades we're going to view today is about a thousand dollars a trade You do not have to risk this much. There are some people in the room risking a hundred dollars a trade You risk what you can afford That's what you do and you build it up Let's say you don't have an account that you can afford to risk this or take some of the sides of positions We're going to review that's okay You build it up and if you're making money, you will build it up and you'll build it up very quickly It's you just got to get the hang of it. Okay And you do have to kind of get the hang of it. So anyways everything I trade I have a reason I a reason I trade it It's pre-thought out it fits my criteria. I'm not trading on the fly. Okay This also helps me be very efficient. It helps me make money very very quickly. Okay So what is the strategy I trade I coined the term golden gaps now There are such things as gaps out there and we I will explain to you what a gap is if you don't never heard of it But I created my own system where I called them golden gaps and the reason is and it's a great name It's because it's like finding gold in the market when you find a gap. That's really good It's going to work. Okay, and they are gaps that are made by institutional money like I showed you in the wfm. Okay So gaps are a very specialized strategy It's I'm looking for an event. It's actually happening in the stock Kind of like I showed you with the wfm. It could be news event. It could be earnings event It could be the overall market something happens in the world Okay, a sector like all the all the grocery stores Gap down cost target walmart all of them did then friday with the whole whole foods in news coming out But I'm looking for a big move. Okay That's what I'm looking for and if you have any questions you can write them in the room here as I'm as I'm talking So here again, let's look at the wfm getting back to what I was saying What created this a huge big reactionary move? Okay So the stock closed here the night before you can see the bar now because I made it bigger 33 something gapped up to 42 So, you know, if you were Incline to day trade this Okay, did not do this one on friday But if you had wanted to do this on friday if you had bought the stock on friday as a day trade You would have made money if you were along the stock prior To the news coming out. You also would have made a lot of money If you were short the stock Guess what you lost a lot of money if you were shorted overnight prior to friday So do you see how all these things are happening? You see how all the big moves are happening now again? I like to focus on day trading so you could have got up in the morning On friday and use my method to rate the gap as a bullish gap You'd be looking to go along it. You would not be looking to short this. Okay Did anyone do whole foods actually you can write it in the room if you did Now we're going to go through like I said the last 14 days of trades And and I'm going to move through these quickly because there's a lot of them And I want to make sure to get through everything today at least in an hour a little bit more than that If you want to go back, this is being recorded. Okay, so I'm putting it on youtube you can listen to the recording Every day in the morning my process is Before the open before 9 30. I rate stocks that are gapping First I focus on the shorts If I don't see anything I like or anything that rates for my criteria that I don't trade Okay, or if there's no gaps and that's rare, but it might be that some days there isn't You know if it's slow if it's a holiday something like that. Okay Now this is back again several weeks ago. This was sysco So sysco you can't see this here because the clock Excuse me, but there was a there was a night time Gap here the stock closed around 34 and then opened in the morning here again This is a one minute chart this bar here depicts the volume So the stock opened went to and fell and sold off here right in the open So this is a one minute bar. So this is 60 seconds and it fell hard So I'm not in this here. I'm waiting for the setup and everything I do I look and pick the stock I want to play beforehand in the morning before 9 30 and then After the open I'm looking for the setup. Okay, so I don't trade in the post or pre market Although some people do I do not do that. Okay. I find it's more controlled If I'm I'm on the open if I'm you know in the live day It's a more controlled if you get the direction right in something though You can make a lot of money if you're in stuff sometimes in the pre market I mean, you know, I don't remember where this actually ended up opening the gapping But if for example, you'd shorted this here, you could have made, you know a buck before the open I just don't play that way But I do look at a stock and I did like this and I said it's a short Okay, so you could have shorted this Boom and had the first move here time of the day here is between 9 30 and 10 So you could have taken in here and got out or you could have taken in here and got out first target Boom right in here. This didn't have as big of a move as I thought it would but it did have a profitable trade Again, you don't have to take, you know have something go a million miles to make money You take it you get in first target You don't have to be a piggy target about it Price of the entry short was 31 30 risk was 30 cents share quantity 3000 So your risk is 900 bucks Exit at the first target 31 Boom 900 bucks You could be in you could be out And this is what I look for every single solitary day. Then the next one was footlocker This had a much much bigger move Really nice scat again. We're going back to several weeks ago Back in may you can't see the close up here at four because the clock is Is on top of it again, but it closed up here Then it opened in the morning So a gap is when a stock closes at one price and opens the next day in a different price That's all that a gap is but what I teach in my class is how to determine A that footlocker is the stock you should be watching and b that it's a short Okay, because what you don't want to do is go along this and that is what some traders did in here The stock opened rallying went over the high carry through a little bit big gap down Some people thought this was a long In fact, some people thought this was a long even later in here, too This is the move that you want to play. This is again the institutional. What the institutional sell-off That's pushing the stock down and here you see these bars to pick the volume So you short it boom So price of the entry and this one $60 and 75 cents again. This is not a piggy piggy move It's went farther than this This is the kind of money that you can make though 2,450 bucks This isn't a huge quantity of the shares either because the stock was slightly big on this But you know this stock can move it went even farther than that All right, but this is what you want to capture. You're like, um What's the best way to describe it here? I'm going to describe right now because it's pouring rating in new york right now and i'm looking at my window and It's pouring Sometimes it's it's it's dark out right now, but sometimes it pours and rains from my window I live very high up and then it's sunny out and then right afterwards is a rainbow And if I don't race to my camera to take the picture of the rainbow, I miss it It's like I got to capture that I have a few seconds or a few minutes I got to capture that rainbow if I want to see it or look at it And look at its beauty or take a picture I got to race to get my camera and run to the window to take it Same thing here. You got to be on top of it You got it. You got to get it before it goes away. It's kind of like a rainbow. Okay So the only way you're going to get this is if you a know what direction know what stock to play and do it Okay This by the way is enough money from plenty of people to actually make an entire week of trading You know Then the room was closed. Okay memorial day And now we're going to talk a little bit here about gaps some more the concept of gaps any questions From anyone so far about those few trades or gaps in general. I'm just going to keep talking here But let me know if you have any So what is it about makes gaps that make them so profitable because you're getting a large quantity of volume Of institutions and by that I mean hedge funds banks big professional traders That have big they're taking big size in stocks They're either selling the size of the positions that they own Or they're buying big positions, you know, amazon. I don't have this chart in here But amazon is a great example of something that can that has been just Continually getting bought higher and higher and higher google too That was another one. Okay, where these stocks are getting bought and they're very expensive I mean google and amazon are over 900 a share price. I mean, they're so expensive. Who is going to be buying these stocks? big big money, okay So gaps are created with large institutional money. That's what makes the gap in the first place The professional gaps that happen and play out in stocks are formed by one thing and one thing only large Institutional money and the most recent example of that really is the whole foods In fact, I talked about this in the room today. It's very interesting. You can google and read about it But there is there was a hedge fund, okay That has a 9 stake in the in the in the in the stock in the company And they were forcing the sale of the company because they wanted to get a certain profit within a certain period of time So they forced the sale to You know to amazon or I guess amazon was the only one that was interested in it But you know, they're going to make a huge profit on it But that one fund owned 9 percent of the company's stake And they forced the sale that's that's how powerful Uh, these funds are they they're they control the market That's another reason why you've got to go with them You you will lose forever and ever and ever if you don't get that concept It's a concept that I that I'm lucky that I figured out very early on in my trading career Even though I didn't have my whole system and method when I when I first started But I saw and understood that concept very early on It's because I focused on gaps and that's why I stuck on gaps and that's why I will only ever trade gaps And that's why I don't need to trade any other strategy or method because this is where it's at This is how you make a lot of money. Okay, and if you ever get to the point you want to make more You know than you know having more than two three thousand dollar days You just take more size. Okay, or you become an investor And you can be in these things overnight. All right, or do options in them So what I have figured out is a way to predict The way the directional bias to play the gap And then I confirm it with a point rating system in the morning in the pre market And that's what I do. Okay, so I have a formula to rate and qualify the gap And then I get the confirmation once it sets up Into the open that it's good that I can take it and then I take the trade And then I get the confirmation the conviction that the large institutional money is on my side And then I take it and put stop in and I play it So first I do the work in the morning before 9 30 Then the confirmation is when I get the setup into the open between 9 30 and 10 I'm saying into the open, but it's really between 9 30 and 10 if somebody doesn't set up by 10 I'm off of it. I mean chances are I'm not doing it But the gap itself I'm not predicting I wait I don't think there's anything reporting tonight. There probably are some gaps tonight But I can't think of anything to bring up to show you But there's a bunch of stuff out later this week But the gaps are an event and they create a sense of urgency in the stock Whole Foods is a good example. Okay, that's an action is being forced by participants of the stock And this is why gap trading is incredibly powerful Trading gaps is a powerful and profitable way to trade because you're trading on the side of power money And as one person that's how you're going to make it. You will never beat these people Doing reversals against this kind of money is very dangerous Even if you end up making a really good money one day doing a reversal Of of institutional money play you will give it back 10 times over And the lifetime of your trading trust me when I say this And and it's just dumb luck when you make money like that. It is very dangerous to trade against it Very very dangerous. They are in control In fact, they're so in control of companies that like I said with Whole Foods They have big stakes in companies and they can even you know, force companies to do things like sell I mean, you know the world that we live in and trade in that we participate in this market is is very It's crazy actually so we I live in my own little world here Where I just trade my gaps and I really don't read about fundamentals, but You know that that sale of being forced by that fund is just the It just just shows you what you're up against. Oh the trader and why you must You must be with those people in control I've been calling the spy and the cues. I'm just going to write this in the room. I haven't done a market update in a while I should I've been calling the spy and the qq cues is the tbtfs. I look at higher for years I think I'm the only person that kept calling them higher and higher and higher way When everyone was saying it was crazy because people think the market's extended. I continue to call it higher I've been right or still higher. In fact, the spy was the trade today and it ran up today again But you know, how was I able to see that because I saw that institutions were buying the market and they weren't selling it They weren't selling it every sell-off was temporary every sell-off was immediately bought every sell-off was reversed So you have to be with those big players and if you are it's very easy to make money and if you're against them It's scary and you'll lose so simple. Don't do it. Don't don't do it ever. I mean, I never do it So how do you pick which gap to trade? Well, there's tons of gaps every day Hundreds and thousands you need a system to find the best gap and this is what I've created So I've created my own system. It's a 26 point system It's a professional bearish gap rating system where I'm looking at rating on the checklist each morning How to figure out the best stock to trade like footlocker or Cisco the purpose of the system is to help you evaluate which gap to trade each morning using a checklist So the checklist tells me the stock's going to have a high probability of direction of bias for the entire day If you want to play it all day, which I don't but I'm telling you if you wanted to You could do it as a swing trader an option trade to big move on the day Which I usually play out in the morning early confirmation, which is between 9 30 and 10 That's when you get the big move. Okay All the ones I'm showing you here today And then I'm also looking for precise entries with follow through and a good risk to reward I think that's important too. In other words, if you're risking a thousand bucks You want to try to flip that around a hundred percent if you can and make a thousand on it or more Some days you'll make less. Okay, but you can still be profitable But the goal is to at least flip it around And you have to think about that when you're in the trade because if you risk a thousand bucks And you're up a thousand bucks and it starts to pull back And if that's your goal for the day, if you don't get out, you know, if you don't get out of it, then what? Anyways, the philosophy behind the system is to look to analyze a large time frame to make the trend decision On the directional bias for the gap. That's what I'm doing. Okay in the morning and I'm looking for the institutional traders I use the one minute chart which we've been looking at in the trades and we're going to look at the rest of them here Like I said for the last 14 days, we're going to go back But that allows for the good risk to reward and the accuracy and also to protect myself with the stops Now a lot of people ask me how many gaps per week. This is actually not a busy time Which is why it's hilarious about the high percentage win ratio I've had in earning season which is coming up in like two weeks. You've got a lot of gaps You know, there could be five a day not earning season three to five a week Now, what do I mean by quality gap? 20 points or more for the scoring system So it doesn't have to be 26 It goes on a scale So I'm looking for 20 or more If it's under 20 Okay, then the the rule is not to do it. Okay, you don't do it at all. You can find something else All right, let's look at the next one here. So The next one was course again Stock closed here gap down I think this was an earnings play. Yeah, it was so 531 stock rallying boom You can be in it short it you get the drop You could have held it a little bit longer if you wanted to again look at the time period here between 9 30 and 10 Right in here price of the entry 33 30 boom shorted 1400 shares This is a little bit bigger to stop Again risk 980 Take it out profit on this one was 700 bucks Some days will be big some days will be small some days will be media again. No piggies Any questions Then expr was another one here gin first. This was a loser This was a weird open in here. It actually I think opened late Going back and looking at it And it failed Okay, so this was a stop So the train set up I shorted it Took a stop on it lost. Okay Lost 900 bucks on this lost what I risk had to be out Now when this happens You can watch it for later This was a bust though It never set up again later in the day Just moved off of it. Okay It's also as important why you put a stop You have to put a stop because this thing could have rallied all the way up to You know nine bucks or ten dollars. I mean you never know so it was an absolute loser. Okay Then there was another good one though luckily on this day So I did not get the morning one in this because I was involved with the expr But if you did them both actually into the morning this hpe This was the same day june 1st I mean this was a huge one So this closed up here the night before Gapped down dropped you could have done this one made money expr lose I did that one lost then flipped to this one did it Got the drop So I did end up doing two in this day Simply because of the fact that this worked in the morning quickly. I saw it. It rated good It was on my list and some days I will do two not always but occasionally Anyways, this wasn't some huge crazy crazy move either 50 cents in here, but again good size Good risk good profit Cover the loss then in the expr up money for the day. Okay Nice trade in here hpe 2500 If you wanted to stop though and just took the loss in expr That's okay. You can take the one loss and be done But it's the checklist that always tells me what to do Some days I rate five six things And in an ideal world I only do one thing a day and it has a huge move right away It's like that footlocker for example, but you never know Okay, you never know and you're watching it and you don't know how big the move's going to be I do review targets in the class, but things can go to what I call the dream target And you just have to kind of watch it and play it out But you also have to have your own money management goals And like I said, you know, if you're if your goal is even to make 500 bucks a day And you're up it And it starts to back up and it's 1005 You know you probably should get out So anyways the checklist is what helps keep me focused. This is what I teach in my class This is the meat and potatoes of what I do Okay, it allows me to make the correct decisions And then I'm not all over the place. I'm not second guessing myself Okay, and whether it works or fails it works more than it fails So then I don't get stressed out about it and that's like I said with the xpr. I have a stop So if I take the stop I take the stop the checklist is my plan of action though that I'm following I believe in it. I have conviction in it and I follow it That's what I do that I don't have to overthink it once the day starts The thinking is in the morning before the market opens. So then the pressure's off me Once the market opens. I'm just waiting for the stock to set up. Either sets up or it doesn't either works or it fails And I put the stop in as my protection. It's like the insurance okay Everyone that puts money in the market or trades should have a plan of action on a checklist You should know where you're getting out. You should know your goal for the day. You should know your risk okay, and You know most people that are professional traders. This is how they think and trade So getting back to what I was saying my system what I do the 26 points Why do they work because they're looking at price action? So I look at the daily chart I'm reading the daily chart and I am predicting based on the gap in the daily chart analyzing I use technical analysis That institutions are either buying it or selling the stock or shorting it Okay, that's the whole philosophy with what I do I'm a chartist. You know, I I read price And the reason for gaps I don't concern myself with although I thought the whole foods was interesting But I'm really really really focused on just the gap itself and what it's doing When you when you trade you've got to get the direction right if you would have shorted whole foods For example on friday, you would have lost big time You know and if you would have gone long something like the hpe You would have lost big time that ended up having a massive move all day long In fact that one kept going I think So this is what's going to help direct you to find the momentum is the points You you don't really make money as a trader if you're only trading and making like three cents or two cents or five cents I know sometimes people Want to scalp and there are traders out there that scalp are they make money? You know an ecn's by putting orders out ahead and just the make money on that I don't trade like that I just take it out and pay the fee to get out for the commission fee to get out and i'm done Your the idea is for you to get the momentum Ideally a dollar or more, but you may not get that every time and some of these You know some of these stocks, you know 20 30 cents 50 cents is good enough You don't need a buck you can make decent money with 50 60 70 cents Okay Now the next one here june 2nd Here we are Yeah, it was june 2nd here Restoration hardware stock closed up here gap down open rally boom Shorted get the drop Whether you get out here whether you get out here whether you're holding all the way down to here Do you see here again 9 30 and 10? 9 30 and 10 9 30 and 10 that's the time of the day But again, you have to know that that it's you should be watching Restoration hardware that this is the one and you got to know it's a short Okay, and you got to know where the setup is and where to put the stop So entering this one was 43 50 75 cents risk 900 bucks exit boom boom. This was a nice dollar move in here went more even $1,260 so your goal every day is to flip it at the very least But this did keep going in here actually came all the way down broke 42 This is very very small, but hopefully you can see this over here to the right So this was june 2nd. I should have put the dates up here Then there was the weekend and no trades of the monday. Okay again some days You won't have anything meets your criteria Then the following week june 6th was a huge huge mover This continued down for days. You could have done a swing trade in this You could have done an option trade in this this fell off the planet. I did not do this I actually I called this one in the room. I didn't put this put this in here But I did call this in the room. I just thought the stop was too big as it turns out You still could have made money doing this one here I did a late one in here. So I made money doing this really quickly late one in here Short 33 95 dropped Wanted it to go all the way to 33 what I wasted and do it. I got out quick because I knew it was in the late trade made 900 bucks I felt that this was going to set up again So I watched it and watched it And it was because of the gap rating and the movement that it had and I really felt like 33 was a realistic number for this to go to On the day So I ended up doing a second trade in this Which you can do This and I do teach this in the class as well. Here's the morning Here's this boom shorted it here second trade in the hds Stop got the move here. It finally did go to 33 and broke it went to 32 something. Okay I I felt that this would go to 33. I just felt very certain about that The way the stock acted and traded I'm looking at the chart So this was a good one a dollar 50 plus Okay price of the short 34 55 Exit it broke I mean this could have this ended up going to some crazy number over the course of the following week But for the day then broke 33 bounced. This is a really good trade in here 3300 bucks Plus the morning money was over four grand and again, why? institutional sell-off shorting Everything coming in night before the stock closed where take it over 41 40 something boom gap down. I forget if this was at night or in the morning I don't remember when this did it. I don't know if it was after four or the pre market But anyways open here around 37 So it got down Fell like a brick. Okay This is what you're trying to capture on the day. This is what you're trying to capture on the day And that's what I do Any questions? Am I talking too fast here? I feel like I might be Anyways, dlth was the next one here on june 7th closed here gap down boom dropped Short it get the stop boom This one here. I didn't just got right out kept going This I didn't even do this whole thing at all. Okay, just got the one quick move in here Kept going again going for the day 2000 shares get the drop bounce first target out could have made more in this tree went farther Broke 17 Got down to 16 something again You know, it doesn't matter. What does matter is knowing to do this Getting the entry Getting the trade Getting out with profit So no piggy targets in this Still a nice move urban Closed here gap down again boom short it get the drop out That's it Or if you hung through it you could have got out of it later Had expectations for this to keep going Didn't do it, but it did have a move down in here came back down to the same area I think this was exhausted and tired Price of the entry here 1669 Boom wherever you get out quick in the morning if you wait a little bit to give it a chance nice move in here 3000 shares again close to a thousand bucks 930 You got to play these things out Does everyone see this is everyone kind of understanding the concept here And these you know, this is all of these strains are you know, the quantity of the share size You don't have to take three or four thousand shares, but that's really that's not something crazy. It's certainly doable Certainly certainly doable, but if you want to divide them in half these are still good trades. This is how you put together You know a month people This is how you put together a year consistently being profitable It's not having one trade where you make five six seven thousand dollars and then losing four days after that giving it all back and then being down Or are getting out break even so many trades or scalping In and out in and out in and out. Okay. This is a very thoughtful thing that i'm doing Knowing the stock I want to watch knowing the direction knowing the entry Knowing the exit knowing my goal. Okay It's about chunking it out if you want to make money doing this It's just the mentality and how to see it in your mind and your brain that many many people just don't get Anyways, this pay was weird. This was then on the ninth This I think was a late open here did a late trade and this ended up getting stopped Took a loss on the pay if I had done that first one. I would have made money, but it was weird it was It just it just opened late and it looked weird. So I didn't do that one Right away. I did a little bit later one and then it got stopped So then I watched it and I did a later one in this and ended up making money on the day in this 15 minutes it up here got the drop Here it is quick move boom out So I ended up profitable in the day in this one nothing huge but came back from the loss So the first pay play was the loser second one winner Same stock Okay, that was just a weird one there with the open Next one in here was cake Okay, June 13th closed here gap down boom set up See the sell-off in here shorted it Wait a way to wait in Okay, wherever you got that in here you could get out in here. You could have got in here. You could have got in here Okay All of these moves in here Are you want to be short? Okay, the stock is not along You've got to be in it in the right direction price of the entry 52 80. This was a big stock But it held so that was good Risk 1300 exit 52 40 profit 400 bucks Can't complain didn't end up having a huge move in the day Tried to give it a chance Still 400 dollars Again, this is how you put together a week and a month All right HRB this was a long I just want to clarify that The stock closed here gapped up dropped boom You could have bought this for a quick move up Okay, it went to the quick first target. I gave everybody in the room It ended up going to a bigger number, but if you want to do the quick fast play You take it get out You could have held this a little bit longer again time of the day here between 9 30 and 10 This was a bullish gap though. So you know So you would have gone long this year at 29 10 You would have gotten out of this into the first target at 29 50. This did continue I think it almost got to 30 on the day. This was a big stop Okay Oh, I forgot the asset shares Anyways, if you took 2000 shares of it was 1600 bucks, you could have made 800 dollars This is just the first move in here. You're getting out when it goes and spikes This did come in hard stop is the same down here Rallyed up again. You could have actually gone long at a second time and got out This was a good bullish gap No good shorts on the day here in this Any questions i'm showing you all these trades This is now we're into last week. Okay, we're catching up here KR was last thursday. This is a really nice trade open rally boom shorty get the drop get out here get out here Look at the move stop close here the night before it gapped down How did I know I rated the gap? I used my 26 points. I knew it was a good trade I knew it was a short and look at anything else that day. In fact, I I remember that I didn't even read anything else that day I said, we're not even looking at anything else. People don't remember getting my ideas. I said no, no No, no, no, no, I was so certain that this would work Absolutely a hundred percent worked boom Okay Price of the entry 26 75 you're shorted you get the stop Okay Got out in the quick move. It did continue I don't think this broke 26 immediately in the morning in that first book 10 o'clock period It went a little bit more total profit 2018 bucks this continued though you could have gone back into this later in the day again I prefer the quick quick trades and that's all that you need to make this kind of money people That's all that you need. That's all that I mostly do It's once in a blue moon. I'll do a later one But this continued you could have done it again and again and again It's just the point that you don't need to do that and either way you're following the institutional money Which sold this stock big and hard and this was before Actually, that's interesting. This was before the wfm announcement. Isn't that interesting? Because this was thursday Oh, I don't know why I have this in here. I I I Put a wrong date. Sorry about that That was supposed to go up on a different day. We didn't do trades in the 12 Sorry, I'm skipping around here. There were two days. No trades What was the 12 here? Let me just go back. It was before I think it was monday. Yeah hrb was wednesday Cake was tuesday Yeah, it was monday. Sorry about that. I just had those slides out of water Mondays are the slowest days. I didn't have to do anything today. We'll go over it But I did go along the spine today Anyways in here is the target and I try to hurry up here. We got two more target was friday It was a short again. I've been talking about the wfm. You could have gone long wfm Or you could have shorted target Cost also worked huge as well Stock close to your gap down boom short it get the drop into the first target This did keep going went all the way down broke 49 went almost to 48 But the first target was $50 So if you did it and got out of the first target, you could have made 1200 bucks It kept going though This actually Went and broke 50 right here a big move Unexpected news related event if you held it down down down you could have barred by barred it It broke another buck again. It's not the idea of getting out the low of the day in the short And it's not the idea of getting out the high of the day in a long It's the idea of knowing what stock to watch Knowing where to get the entry taking it with size getting the stop and paying attention watching how it trades watching the price action And getting out with the profit Okay And if your goal is in for the day, what do you do the the normal thing to do is what get out This was today's play. It was a long if you can even believe it I watched and looked at it got out of this quick Got out of this quick didn't know where this would pull back to before it took off Ended up taking off like a rocket. I don't know. I didn't see where the market closed today But had the move I said 245 was the target for the spy today It didn't get there right a ways in the morning the first half hour, but Wasn't expecting much today. No good shorts stock came in bought it Good out if you held it a little bit longer held a little bit longer held it at 10 o'clock You could have made more again nice move in here So Risk in this one 75 cents, which actually is a really good risk for this for to play the spy If you took 1200 shares nine hundred dollars Just got out me a little bit of money actually would have made more if I'd held it But I just didn't want to be in anything a long time today So Everybody with me How much money would you made in the room at the last 14 days risking a thousand dollars in every call that I made There was only a few longs most were shorts Closed around the Memorial Day holiday two days. No trades two losers Okay, most of the day is one symbol Cisco footlocker was off this week cores EXPR was a loser. HPA was a good winner RH no trades in the fifth hds. There were two. This was a really good day This one again kept going Quick exit urban that was good. Here's the pay one loser one winner 612 is no trains cake was a small one hrb kr and then target friday And today I did the spy So the win ratio is 88 percent It was only was two losers and the last 18 and a 14 days. I don't know why I said 18 days It's 14 days Not including well not including the not I didn't include the holidays the days. I had the room close Does anyone have any questions? So you could have made over 18 grand in the last 14 days of trading Of the trades some days were off But do you see why it's not necessary to do any more than one strategy? It's not necessary to do any more than one traded day unless you want to like I did with the day with the xpr didn't work and I did the second one But I could have lost twice. It might not have worked. I still would have been profitable. Okay The idea is having more winners than losers The idea is having a high win ratio When you have a high percentage win ratio, it doesn't it, you know, then then you can risk a thousand dollars You understand then you don't have the the days where you're down. You don't have the drawdowns If if you are risking a thousand dollars in every trade And you were 60 40 you'd still be profitable It'd be painful though I mean, I mean theoretically theoretically Okay, if you get out with one unit and flip it around in every profitable trade and you have a 51 profitable system and 49 Percent losers theoretically. Okay, you would still be profitable if you flipped every trade around But I didn't flip every trade around 100 percent some I flip more Some I only got half or a little bit less Okay, I had to watch the targets. I read the chart. I know what those numbers are I know the areas and watching the time of the day and watching the market But either way, it doesn't really matter because my system is so profitable with the high number of wins So whether you hold to a piggy target, which I'm not telling you to do Or whether you get out of the first whole trade into the drop, okay If you're shorting I'm saying for example The idea of risking a good amount of money per trade You can you can feel less stressed about it when you know and trust yourself not to get crazy Trading all data for a clock are taking a million trades. You have to be focused You have to believe in the system. You have to have conviction You have to know that you will only do one or two. You have to be disciplined Okay So I'll quickly talk here about trading with size Just a little little bit. It's you can take a beginner risk, which would be 50 bucks 100 bucks 150 This is an advanced risk with a thousand dollars. I think anything over 500 is is advanced If you start out I say learn the system get it down because the trade set up in the one-minute chart And you got to learn how to do it. Okay, then you can work it up So start as a beginner level first and work it up One of the things I think is very important that you got to understand about how your mind works with money And you're and and when you're doing it and you're taking the trades fast Is everything kind of has to go in a flow it's it's almost like You're not it's it's like you're not even processing the thought that's why I do the pre-work I'm my brain is processing intellectually And reviewing all the things on the chart before 9 30 So I'm doing all of that all of that. Okay beforehand all the thinking is happening before Then I'm living in live time and reacting and I do call the exact entries and stops in the trading room If you're in the trading room with me, I'll say 10 by 50 20 by 60 the first number is the entry the second number is a stop My my brain is I'm just doing it instinctually because I've been doing it now for over eight years And I'm so good at trading in the one-minute chart and seeing things right away My brain is in sync with these charts and what I the numbers that I want to seem to set up If you're doing 50 different strategies at once at a certain time frame going long going short looking at too many stocks It's very confusing your brain will never get that you will never get that sixth sense Who will never gain that edge? And and and it is something that not everybody will get but I'm telling you you will never get it if you're not On top of one thing within a certain period of time that you know what you're looking at and you do Every day like riding a bike or playing the piano okay Your brain gets in habit. It's just kind of like your sleep patterns You know you if you if you get in a sleep like I kind of was out of a schedule where I wasn't getting up really in the morning in the winter Now I it's been really hard to get up now that now it's light early 5 a.m Light I put the wind shades up so the light comes right up. It's helped me to get up When you get out of sync with something in your brain in your body Then it's hard to get back into it, but when you're in sync you just do it It's just natural and that's how I am now with my trading I've been doing this for eight years. I've do nothing else But you've got to train yourself to get in the habit of doing the things getting in getting out getting in getting out Taking the trades looking at the charts looking for the setups looking at the shorts not even Doing the processing of the thinking part in the morning before when you're relaxed When you sit down you have a cup of coffee and it's eight o'clock and it's 8 30 and you're looking at the gaps And you're asking questions of the room No stress in the live day Boom, you just do it and you don't overthink it because if the trade doesn't set up and it just doesn't do it In fact, what was the one today? Oh as Jen Here here was the one this morning I didn't go back and how it looked to close but I said up off of it. Boom. It's a bust We never did it. I didn't short it nobody lost in it or if they did they didn't tell me they shouldn't have done it I said this is off. It never set up. I rated it. I looked at it. It was a down gap It was a bust Okay, nothing to do in it couldn't do it We're running out of time here I'll just talk for a few more minutes But the bottom line is that if you want to do this for a job or a career and work for yourself You don't have to devote 40 hours a week to doing it. There's a process where you'd have to learn There's a commitment There's a financial commitment to open a trading account a financial commitment to taking my class But all of these are things that are are available to you The fact that i'm even teaching my system. I'm not just training alone You know living in my apartment means that you have an opportunity to learn from me and I've created something special People are making money with me. You know, there's all kinds of different levels in the room Some are new some are never traded some risk a hundred bucks some risk more than me You know, you know, it's all different levels men women all different age groups So my class is called the golden gap course it teaches the strategy on how to trade gaps That's what you would learn the classes this weekend June 24th and June 25th And it's really the focus on the checklist here. I'm going to skip ahead here Because we're running out of time. Anyways trading is a it's a great career. It's a great career And particularly in the summer why because the weather is beautiful. You don't want to be inside all day You don't want to have to wait till you know noon to take a trade You know, you don't have to work in an office. I mean, it's a nice career But you got to learn what to do and you really do have to be focused So I think a lot of people go around and around and around in their minds and they and they start to feel really gloomy about the market That period for me didn't last very long. I saw very quickly that I could make money trading I just didn't know how to do it But I I never really gave up in the market itself And when you see something like that whole foods, okay That that really is amazing to me that gives me so much conviction in my own strategy when I see something like that take place I have conviction in my trading strategy If you're doing something that you don't have conviction then you have to ask yourself Why are you doing it? Why are you even risking a dollar let alone a thousand dollars or whatever you're risking? But you know, I'm teaching people a skill. They're learning how to trade. They're making money I call the trades in the room. I make it very easy for people after the class if you want to join the trading room This all was the k.r Everybody had a good day that day. Some people went back into it later That was some of the traders comments Anyways, if you want to learn from me The trading room is a good support system after the class to help you earn the money back for the class But the goal really should not be that the goal should be that you learn the skill You can use for the rest of your life as long as the us market has to close an open time Which is four o'clock and open at 9 30 There will always be gaps in the market And if you live in other countries and want to use the system for other countries as long as they're closed in an open There will be stocks that gap one of the nice things about the us market though Is that you know people either love or hate companies a lot of emotions with the us stocks? And so that makes it more powerful for them to play because a lot of times that's what creates a sell-off for the buying When high emotions come into them and people make decisions And you can use that to make money if you know what to do, okay So my class is a complete system to use how to train It's a full two-day course from 9 a.m. To 5 p.m. Eastern time the class is online. You can be anywhere in the world It's saturday and sunday june 24th and 25th. This is the class before the next earnings season which starts in july 3rd quarter In the summer a class of the class is 49 99 if you want to sign up you have to email me for sign-up information It's melissa at the stockswush.com I also teach a class called the trends course, which is on long-term trends june 27th to 28th This is 12 to 4 It says 9 99 This is if you want to do swing trades not day trades and if you want to sign up for both You can do both for a combo special price of 54 99 and save $500 So like I said summer is here and it's a good time to trade and third quarter should be good What's really the irony is that it's been such a good period here Even though it's not earnings season, but I really think it comes down to my level of focus I've just never been more focused on my trading than I had been in 2017 Part of it is there's a lot of people in the room now I feel very responsible for people when they come and take the class with me. I want them to do well I want to do well too. I have a lot of big projects on the plate from my business and um, you know, I I'm just I'm really really really focused and it has come across. It's come across in my trading You know, and that's why some of the days if nothing meets the criteria. I just don't trade Oh, we went over a little bit here Any questions? I see some familiar faces out there This was a good webinar It was taped you can go back and watch it and review the trades If you want a trial for the trading room this week Tuesday Wednesday Thursday Friday If you want to check out the room before the class email me at melissa the stockswish.com to check it out if you have um questions you can call me 929-3200-420-427 3200 gap No, Kathy. I'm done. Thank you for letting me stay a few minutes. Does anyone have any questions? Quiet group tonight here. I hope you got everything I said If you didn't don't be afraid to call me. I just don't know what people know and what they don't know I honestly don't I I you got to ask me questions if you don't understand stuff But the benefit, you know of doing the class is that you get to be in the room with me And you can learn more nobody's in the room that hasn't done the class. It's a prerequisite I think you really have to take it seriously if you want to trade and I don't mind spending time with people if they're serious about it Good job everyone. Thank you online trader central Email me if you want to trial email me if you want to sign up for the class And we'll see what we get The rest of the week All right Thanks, Kathy and Karen Thanks to online trader central tonight kind thanks goes to melissa who was here with us melissa armo www thestockswish.com You can email her at melissa at thestockswish.com and check out that number she's got 929 320 gap All right If uh, you had more questions about the class you have questions about uh getting on the trial of the live trade room Email her request for that and she will get back to you with instructions on how to connect Everyone have a great night ahead a good day trading tomorrow