 Good morning. Can everyone hear me? Okay. Okay. Okay. Excellent. I just went through and I didn't have my mic on. All right. So welcome to the Bookmap ProTrader webinar series. And today we have Joseph, a JTrader. He's a stocks trader, and he's going to go through how he trades the market. We do this ProTrader webinar series once a quarter, and the whole entire week we have professional traders come in and give their insights of how they use order flow and read Bookmap. So get insights, their strategies, trading methodologies, the way they manage their trades, and maybe their trader psychology as well, their kind of outlook on the markets. All right. So this is today with Joseph. Well, he's actually a part of our daily advanced webinars. He presents on Wednesday, and we have Scott Polsini, a futures trader on Thursday. Okay. So you'll get insight to some of that this week. Joseph will be the, he'll be live trading here. All right. So you'll get insight to what our advanced education is all about. And then also Scott on Thursday. Okay. So then tomorrow we have Brent Kachuba, an options trader, and then he'll also present on Friday, and then we have Raggy Horner on Wednesday. So really nice group of traders here. Anyway, we'll go over more about Joseph. He's going to come in a little bit later here, but let me go over this is trader biology biography here, because you guys might be new in here. And since this is the free event. So, JTrader began trading at 18 years old, trading equities and options basically trading quite a bit of size 30 to 40 million euros of volume each month, and then going over $400 million per year mainly using the tape, and he's in order flow trader scalper, which that he had that he wishes that he had book map back when he was trading to get this kind of edge or advantage here. He now operates the small cap room, and he is an educator. So if you're interested in further mentoring or education from JTrader, I'll put this into the chat for you guys. So you can reach out to Joseph directly if you like. Alright, now I need to go over the disclosures here. And then we're going to look at maybe the SNPE mini for a little bit before Joseph comes in here once Joseph comes in, then we'll give the presentation right over to him. Right. So, the general disclosure, all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations live trading is in simulation demo paper trading mode and strictly for educational purposes live trading executed in simulation cannot accurately represent realistic performance. Risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors, an investor could potentially lose all or more than the initial investment risk capital is money that can be lost without jeopardizing once financial security nor lifestyle only risk capital should be used for trading and only those with sufficient risk capital should consider trading past performances not necessarily indicative of future results. Let's see Jerry. Oh, yeah, the size that well, I guess 400 million that was that was quite a while ago. I don't I shudder to think how much Joseph is is trading these days. Anyway, and just, you know, has just, you know, decades here of experience so. I'm really looking forward to it. All right, let's say we wait for Joseph. I'll keep an eye out for him in the, in the chat here. Once he's in. Oh, there he is he just he just came in all right so we're going to bypass the SNP analysis here. I'm going to kind of move here and break out. We saw some of this a little bit in the previous webinar that stop run here but look who's buying here. Okay, icebergs and now it's starting to move kind of creep to the upside here basically good morning Joseph let me give you the presentation and we'll let you take it away. Yeah, good good timing. Here we go. Good morning Bruce. Good morning book math. Good morning traders. Good morning Joseph. How are you. Great. Such an incredible morning. I am going to explain what we did. Bruce, do you see the monitor clear. Yes. Okay, so welcome traders. Basically for who is new here. I'm official mentor of book map for equities. I trade options stocks, big caps and small caps and futures. I'm trying to teach traders and I think I'm doing it with pretty good success if you are in my room or you see what we share on socials. So we have millionaire traders and six figure traders in the room. And basically we trade intraday and or scalping. Okay, I will say 80% intraday. I'm going to swing to my friend the ripster or other great traders out there. So this morning we had over here I usually TD Ameritrade for intraday charting only and train spider for daily charts. Okay. So I just want to first focus on sila send one second because this stock. I'm going to repeat it. Just going to put over here. This app is still not available. Still something that I created with my friend. Chris Eric will be available in a couple of weeks. And I use it for staff. So CLSN. You can see that has 69 million flow. Small market cap everything below 300 or 400 millions depends who tells you is considered a small cap. Okay. So let's check the market cap of Google compared to this. And this company basically didn't have today any great news. When you see over here fast track designation. It means that they're going to like accelerator. I would say there are tests. All right. The same thing had happened with with the with the COVID drugs. But this news fast track designation not really that important. A primary endpoint met or phase three or a final endpoint method phase three when basically they finish with all their tests and they're going to go for that the approval. So the most important phase in drugs so invited company is the phase three final or primary endpoint met. Okay. Because then it's almost always 90% going to be an FDA approval unless they have to fix some few things. Okay. So I think that this was like needed in order to clear a little bit of buy the concept is bigger. There are many phases can last few years can last many years. And the company has to raise different I would say dozen or even hundred million dollars to complete their their drug. Okay. And they don't have any guarantee that this will this work. Just think about the COVID situation on many companies. They got involved in production vaccine and many of them failed. So when it failed, you will see those big wash and those big panic selling those big drop in the morning or after hours. You'll see listen what to see over here. What do it means from this. We have this day where we traded 165 million and it faded on the first day. Okay. So it open had a little bit of push and then faded. I like to trade 5050 so I trade 50% long 50% short. This market is giving me is giving us a lot of opportunity also to long just think about SPI FTFT all these big big runners that we had a AME and so on. The second day that we had a big gap on CLSN was a gap extension. So around three open 340 350 extension and then fill. So this morning, if you are in the room I said I'm going to put it on YouTube later. I use book map and I use a chart I call the trade timestamps in this score you will see in the YouTube channel. We shorted at 348. So the reason for me to look and that was my plan to look for short on on CLN CLSN was the fact that we had already two times a fader. This was fluff. So often not any importance that the company has a low institutional ownership and also look over here. This is the last big move that we had. We traded 21 million in pre-market this morning. CLSN pre-market traded 43 million but that's not the difference. The difference is to say that the day we trade also more than 100 million. Okay. The high of days was 935. This was our day. Okay. This over here. 21. Yeah. Over here. Let me see. Let's see it this day over here. I don't want to do any errors. Oh, yes. This one over here. So 930 930 930 you can see over here. It pops extends almost that 350. You see that 348. And then failed. All right. So just let me bring up two seconds over here. My, my, my, my plan. The watch list. We were looking for where I posted. I believe over here. Okay. So this is CLSN. I traded multiple accounts and multi brokers with my beer. You can see that exactly that 348. First I took a stop of 34 cents. I took a stop of 327 short stop at 336. Then I showed a big 348 347 343 cover a little bit here to take a little bit profit added a little bit more and then more. And then we're holding the trade. Okay. We're holding. You can see over here the evolution of the trade to six. They cover something re added more 24. And I'm holding until a possible 220. Why am I entry? This is the point why I took the entry there and several members in the room. Book map was the timing of this. Surely you need to know the setup, the setup that I was playing was a daily resistance and all this stuff. I just explained you. And we started the short over here CLSN at that 348. Why? Okay. Look at me. CLSN. All right over here. So let me bring it up like this. Okay. So this is book map. What can you see over here is this level. 350. So imagine that at 350. We know that this stock filled in the past. All right. Reach 348. Today. And I believe it was Bender in the room. Okay. And not Bender Futurama Bender. A member in the room. Said possible fake breakup. And we were looking for that fake breakup. We were looking something else. Then it was great. You learned to me on time. I saw this pop above 350. 350. So you can see that we cleared the resistance. Right away. We came below and you see this big. Cell over here. Bruce, do you see this big selling over here? 335. So I saw a big iceberg or a big serve jumping in. And I said, okay, we go below this 348. We have a great possibility that we're going to start to fill. And I said I'm taking a feeler because still we were uptrend. Still we were our front side. It could have been a push up to leaving 380 before the field. The main plan was a short bias. When it came a lower, higher over here 348. I said, okay, you know what traders we're going to probably wash. And I recorded this risk 355. I said only pro traders because it's still like a risky trade. Then we had to wash over here. It was already 30 cents in profit. And when I saw this big, I'll go over here. More over here. More over here. here over here and over here I said they're like putting a wall of sellers above so if I go over here on the right configure column put another current order book okay create let's put aggregate extended we can put bars and numbers and let's put it over here so at that moment okay when the price was over here let's see over here 314 look the huge amount of volume we add up here comparing to this so we add 310 let's say 350 360 so 50 cents we add exactly 1.5 millions of sellers 310 so 260 if my math is correct we add over here 800 so we had almost double of sellers comparing to the buyers is it clear this traders bruce makes sense yeah yeah no great use of the aggregate book like that excellent and then just look over here it opens soaks 1 million and I said you know what traders we're gonna add over here we added and I was trailing in the money so I added big this was our risk you see I'll go 320 we never got there and from that moment was always a panic for the longs always a panic you said we go down pop into the big eat map boom sell pop into the eat map sell pop into the eat map sell pop into even right now where I'm talking to and selling off so what are the heat mess what are the levels that you have to look for sure so let's see if I can do this with a with a book map I would put a rectangle I would say so you see over here this level of support then becomes a resistance so when we have so let me do line over here I really don't like this line so we'll do this I need to customize it so edit edit over here I always like this is just like my my obsession with things I want them perfect okay that that is fine sorry let's put pink save and close so you see this this level is the heat map this level is the rejection then we have iceberg orders jumping in and then over here okay so always careful because we can have a spike and then looking to read around three but basically this is what I was looking all this morning when we had a CLS right now what are we going to do let's wait for a possible push at 295 three bucks in order to short more at the same time we shorted 348 on Rito with all the ads again over here why we shorted Rito so sorry this before was CLSN Rito this was CLSN so Rito we shorted there at 348 344 and so on for the reason that I explained before even this stock Rito over here had basically no buyers after we trapped them above 350 and I was looking for an unwind okay so that was my point I also had a stop so it's it's good to show even when things didn't work I was looking for a short you can see over here Saba so this is the uptrend we had once we had this rejection over here trade us the jake lines I got in 62 30 this level we were fading we held the support over here 61 90 actually sorry was this level we shorted over here 62 30 we went 61 50 and I saw a big and I want to show a book map because Bruce will tell me that's amazing way how to use book you see this level we had an hidden buyer so I also recorded so we'll share after with Bruce once the day is done this 61 50 was a hidden buyer and there was no way unless you look times and sales and and book map that you could I would say notice this my goal was to short and hold for this $60 but it didn't happen okay so I caught it I caught it at 60 66 62 and 30 because I also had an ad 62 and 35 exactly Saba I want to show you that moment so look over here traders look over here I'm going to zoom out a little bit okay you see this level over here look how smart they were Bruce look with me buddy so we had 61 50 soaking over here soaking and you see that they were not really doing a use amount of support just soaking then a big algo came over here and my first thought was honestly oh probably they're trapping over here longs in order to make them buy on the bit but we have a seller but vice versa they can do the opposite thing so they can trap short sellers being I would say enhanced by the presence of this big huge August 62 that will think for a possible breakdown you see over here they they push it they they broke it so this is a free breakdown reclaimed it then pop it and I had to stop it on this dip over here 62 30 35 okay and then we had the reversal okay so when you see these things you can even take it for the person but this is very important this is how really you can use your software as approach it okay so in the room we are still in position Celesan and Rito short I'm going to do as usual over here to show you how to take the fields and everything with with book map okay so this is for educational purpose and we're going to see if we're going to have more possible trades my playlist this morning were watch this as you want to call it was Celesan Rito they said we had two incredible trades Savva for a small stop and also I was looking at Tesla and yes basically this is my area we covered last week with the Bruce what is this area and you can see that we had a perfect perfect top over here okay so book map this resistance reason short same if I have on the bid support heat map and long okay when I call it met remember always a big level where we had buyers or sellers or buyers for the dip sellers for that for that all right we're going to put over here a Celesan for now we're going to put the Rito as I said all these shorts you cannot trade for example with with to the Ameritrade I use this only for charting I would suggest you really to use Cobra because allows you to take all these all these hard to borrow stocks okay all right so let's look if we're going to have on these three stocks a possible entry so you can see traders that we are pretty right we wanted this fake break out over here of and Celesan resistance 260 280 sorry me I'm looking for a short okay so my plan is to look for a short red zone red area pretty strong volume 1 million over here so I'm aware that we trading something with high volume over here we wait we can prepare this we can prepare also Saba but let's see if we're going to have any kind of timing to short Celesan okay so we are trading what we cover less time in the room with Bruce together a JLM rejection and why I trace JLM so basically I discovered them in back 2003 2004 when I moved from Cobra warrants and you can see that about the JLM's I'm looking too long below the JLM's I'm looking too short same or Rito same on Saba same on futures on the use of yes it's simply amazing just want to show you this Bruce this morning I had each rejection at that level using my JLM's over here so you can see the JLM's each time we toss the yellow we have a perfect short okay this is a mini okay we're getting over here a possible breach so this is a short over here at 281 going to add until 292 so this will be my risk 292 it's closing below that anime so I'm gonna trade a total amount over here again this is for educational purpose an average of 1015k so for me that's one third star on the close below the 90 may risking this 295 okay so also level of V web over here and looking to add if we have another lower high 288 290 okay so that's the plan and target that we're looking is 250 than 220 we are doing the same thing on our live accounts because basically this morning this was our trade so we're recycling trade shares from this 348 that I explained before so let's see two together we have only red sellers over here okay so sellers you can see that my times in sales is filtered for at least 3000 shares so I really don't consider anything below 3999 shares why that level basic is a level that I feel pretty comfortable in reading tape okay so I like the fact that we're here we're having a pretty good amount of sellers half a million at 290s big sellers still over here in the cumulative volume 282 they're holding we're here support so we have an hidden buyer the same thing we saw before on sabah you see it 21 crack we cracked 280 bye bye jack we're gonna have 270 okay traders so getting ready if we can have another ad so we're trying to profit read over here for a possible more unwind below 250 yeah I see a read over here also sellers okay 282 282 they're soaking a little bit this 282 but I see still more sellers okay so our plan is to look for at least 3R don't ever trade anything if your risk reward is not one two three so you're risking for example in this case around 10 cents in order to make 30 all right don't do it if it's less than that so I want to see another rejection to load the boat on solicit otherwise if this goes up breaks 294 295 I'm going to get out only with one third of loss if we have a lower high I'm going to add more I like over here this pot so if we reject 250 I'm going to add I'm going to short more in this case we also have to monitor Tesla so our risk is over here is micro risk is 251 see dog went away 250 so careful we have to raise the 251 micro risk each stock that we traded this morning had a very tight risk so I'm risking that level over there big heat map okay so let's see if we can get a stuff so small trades only 5k and shit 5k shares when you are like still testing it okay let's see if we're gonna have a little bit more rejection below this 290 on Ciela sand to confirm a lower high you see that we're still that level resistance over here we are risking just few cents 249 so risking 250 152 okay reason to add the bid wide big out over here so we want to add more okay so probably going to have a watch to 230 right now on uh Rito risking that 250 okay yeah some buyers coming in for sure on the on the way up but if the sellers can bring it down below those guys they'll all have to run for the hills and cover exactly all morning this was fading lower high lower high lower high so basically it was only a reason to recycle and having like at least always four or five are off return if it's a stop will be a stop two cents really nobody dies but I really like the the setups that this morning Rito was giving us with Ciela sand I totally agree with you we have buyers over here they are trying to prop it so that's the reason why I'm risking that 295 okay went and reason to get out of here you see that I'll go went okay so basically sellers and microstop over here okay let's look for a possible re-entry this time if we get at let's say 270 where we have also book map over here so always do this on your charts start looking for possible setups so remember risk is always that 294 to 95 still one third position only let's also check over here so they're trying to prop it over here let's see if I start to see some big sellers not yet if I start to see that 294 stacking on Ciela sand it's the reason to add over here sellers coming let's see careful this 295 went away and it's curling so not yet the reason to short only stay with one third 295 going I will get out soaked over here on the ask added added okay so now we are in full position with that 15k we wanted so they soak over here 295 there's a good possibility this is a good trade with a tight risk okay we're gonna risk a few cents five cents over here as I said by doing this having very tight stops when the trade is going you will have a very good risk reward okay and don't ever like to trade on these small caps over here small price stocks with a lot of risk generally between one and five cents six cents the most and and choose almost always pinpoint okay so it's forming a lower high you can see at this resistance I want to see more sellers volume is still big because we have bars of 1.5 million so always analyze the importance of the volume if we're going to break this trend line it's going to fail for now we'll trading the the top tick I would say action okay into a big heat map resistance so you can see that below over here we have a low amount we have 100k and over here we have 300 650k so we have more sellers into this area than the buyers and that really tells me we can have a good unwind okay look the amount of sellers look the amount of buyers starts in red we need to hold the position over here okay test of the j-lines nothing on Sava right because another one that we have to watch with the bitcoin moving so much maura riot can be very good candidates over here to trade tesla absolutely to watch over here big move unwind from the 9ma and big wash over here let's put up tesla okay careful over here near the stop if it holds 296 i'm gonna get out okay fade it again below so let's put up tesla in the meantime so big volume exhaustion on tesla let's see we're gonna form a kind of heat map for a possible over here bounce play they're still trying to attack trader that 296 so very careful probably stop over here coming reason to get out tight stop you see it microstock and now let's see if we're gonna have another rejection and another fade so when i see generally these big washes on tesla what i'm looking is for a possible reversal so i'm looking over here i'm booking if i start seeing buyers and a higher low so let's wait that we have this trend line break to be totally sure for the reversal on cls sand and the rejection the open level was 315 so we're still trading a stock that has unwinding big let's continue to do lower highs lower high support 740 over here on tesla 741 small bounce over here on tesla 299 over here on on cls sand let's see if we fail the 295 careful big volume over there start a position on tesla long okay so reason why we have big support we had a possible reversal if we close green over here start curling i will add more just a feel over here let's see when i get 1500 shares 1000 shares this is a big volume exhaustion um volume diversion over here possible good set so the point is to add in this area 41 43 risking the 740 this is a counter trend trade just using book map okay status pushing reason to buy on the bid see over here is forming so i want to buy it on the bit over here i wanted to scale out a little bit wanted to add over here again because there's making this high or low with the heat level here 743 so this could be a 745 and then 750 big position let's see stop would be this low 740 and 90 some big green over here i like to see this 1000 5000 3000 on tesla let's see still buyers over here 741 you can have a big push to 750 on tesla let's see wanted to add a little bit more the 741 i was waiting the 741 to add think now we missed it this will run buyers coming in can hold 745 go 750 so until we are in this position let it work okay so we're risking very small in terms of sense and we're looking at for at least for our industry okay volume exhaustion uh divergence over here on the volume big support to need map 740 i was looking this in the daily reason to buy the dip so this could be a good one careful for a possible trade on uh clsn i started seeing some sellers still not ready to short still not ready to short have patience always have a stop loss know what you're risking so what we're doing again is looking for a trend line on cln in short on rejection of the jaylands over here see these jaylands and over here we're looking for a pop to 754 746 we'll go we'll have a 750 so breaking the 9ma would be our confirmation we can flatten this if we fail to break the 746 okay we can flatten this so risking break even right now and then we can rebuy to lower 741 right instead of adding it let's say if you're a full size position 746 went so we should have a run over here we bought the dip let's see if it can push some uh consolidating over here so take in this is a small profit pay yourself a little bit 746 okay stop over here short a bit big stuff on celestine short a bit bang we're gonna add more risking this 310 this is a beautiful stuff for me this 309 so let's see so green lower highs we're gonna add low resistance for now on tesla so this can push big i'm telling you so more sellers up here on celestine you can see 500k more than the buyers all right i'm still trying to profit i'm gonna risk this 310 no more than that 310 and over here the rest break even right now on tesla and then we're gonna rebuy it in case it fails around 741 747 42 this year over here so okay lower high i like this lower high very tight stop let's see confirmed bar below 303 if it fails 745 tesla will unwind so careful over here to get out so we can get out over here in the money here we can buy the bit more short a bit more sorry because it's making a lower high confirmed so let's see tesla over here now we're out we've had to a 741 740 this year okay we're still looking for a possible bounce after this volume exhaustion and reto is getting to the j1s so reto again let's put it over here one second because we can have a possible entry 270 over here let's see jaylon over here first top 268 let's see if i can have the rejection 269 tested slamming the bid okay risk is 270 okay traders so i'm trading jaylon rejection on reto and i'm trading anticipation on a big resistance or a possible trend break on celestine okay so they're trying to stack this 266 let's see if it goes sellers in i see more sellers over here on the ass we see it we failed 265 this will unwind more so these are the levels that i like to trade even if we'll have a stop these are the good levels to trade okay look what our stack asked we have over there on reto traders at 270 we're trying to buy 270 271 so my max risk will put the 275 give a little bit of wiggle room in this case is needed because it's stacked wall of sellers we're risking very small as usual okay jaylon's over here on celestine we'll go let's wait for 260 so i want to see a big short over there okay trend line break careful remove of that big sellers over here on the ass con reto you see it you don't have those big sellers anymore so that can tell me a careful jay you have to get out so even here i want to see a fail of the jay lines a stack ask adding short over here at 290 on celestine so careful traders half position in on reto i want to see this fail of jay lines we had big and now we can stop maximum break even on our celestine you see they remove the liquidity 740 breakdown on tesla let's see if we're gonna break the 280 breaks 279 280 start shipping i'm out of reto if we're gonna fail below 270 i'm gonna add full size on reto trade like this if it gives me the a plus setup you can trade easily 20 30 k shares okay it's coming so let's look we can have ads have ads this is exactly what i do with the mob here so exactly the same process over here stack i see if it fails okay you want to see this fail below the jay lines again to add big and right now you want to see the fail over here 289 to add big all right is it clear so still no sellers look on the times and sales only small sellers i really don't consider risking in the money on a celestine right now and looking to add full size on reto so careful over here on a celestine 294 they're trying to hold it micro support 289 they're trying to buy out out flatten position before the break you want to get out and if we have a stuff you can think about re-entering reshorting over here because it's stuffed risking 280 full size you want to trade it so risking you see this is a fake breakout you want to be in full size risking again that 280 so they made this on purpose to trap the longs trap the shorts but basically more the longs over here on the break of 280 like you know it's very important level stuff let's see if we can have a trend line break we have one million volume bar on that pop over here and i don't see any buyers so it should be a safe 1 to 240 okay so much better when you see things like this right okay break down celestine hold it when i see a breakdown this level over here 260 to 65 on reto so at this point you don't really need to look at a chart you look only the tape times and i personally look at the times and seals even more than to look over here on the levels i know the levels in my mind already so i just need to see green okay buyers get out break even for it for example sellers red hold it okay so more on wine on tesla waiting to attack it if traders this zone becomes red you see over here on my chart i'm going to do like this on celestine boom possible more ad actually this would be my full size and over here the same thing it's already read they want to see a field the jail so right i'm gonna risk break even now on reto we can always reattack it because it's holding my jailings okay so i don't want to get in any out over here let's wait it's still curling over here let's wait for this trend line break to add big or to the short in this case so i prefer to take a scratch scratch rate over here okay rejection stuffed again reason to reshort reason to reshort see second stuff so right now risking this 276 okay this could be a very good short coming trying to cover here something a bit on celestine only to pay myself okay let's start seeing traders also at tesla all right let's start seeing also tesla over here so big support i think we missed this in the 735 big heat map support over here so let's wait for a second all right you want to jump in just chasing it's not my style of trade i prefer to buy dips prefer to buy pullbacks then to chase uh then to chase a breakout okay so reto jailings over here celestine jailings over here out all in the money on celestine let's see oh not the one one big support big resistance re-adding short risking 293 exactly this level so i'm risking the big seller over there okay till we have the seller i'm shorting this went away careful so they're manipulating over here the tape carefully manipulating over here the tape and it's often you will do this unless you have an a plus setup of a clean jailing rejection you will enter exit size down so this is how the pro traders do it okay it's killing and it's killing out very very important adding over here on uh reto i really like this i really like this one this is an a plus setup for me this is risking the 275 this is my risk below 290 this time we're gonna have a fail okay shorting big over here celestine we're gonna have a fail on both 290 beautiful breakdown we'll have a wash rate this will pay less five six times more good stay in this is a timing so both trend breaks this is becoming red you see the zone over here is becoming red so risk one is now 271 and the other one over here is risk exactly 295 okay so i'm gonna do like this i'm gonna do like this i'm gonna do like this and over here i'm gonna keep only my risk this and this okay so you can basically follow me and see how to manage the trade position if we have failure will be a home run if we have a stop will be a good stop because this is an a plus setup on both okay 280 see big sellers think we're gonna have a good wash 260 as well over here let's see still on wine reto probably for a wash at 250 okay so 250 we have that half dollar number the final target on this is 220 so you can see that until a contrary trade we're holding this and i like over here at tesla really like over here tesla for a bounce just gonna put a filler sorry here just gonna put filler right here on tesla and the risk on tesla will be the 740 so the whole round dollar number okay just because i couldn't buy the 735 so i'm going to hold the filler here 742 and 50 on tesla all right but this was a beautiful level too long the 736 let's go back on sila sand let's see what it's doing support weighty micro support weighty both trendline break both red zone both 90 may below jay lines the reason to hold assume your stop reason to hold let's see also the here more stock say we are washing car washing sava unwinded finally riot was that the one traders okay jay lines okay so check on a riot to be here and then we can put tesla back again also atif breakup break out and pop him so let's see also atif is a small float above open level we can have a good long over here atif atif a reason for me to take a filler over here let's see i really like atif for a long it just has history of failing but i really like this reclaim mid morning of this 210 open level so possibly for me looking for long the long i wanted was 210 if you are a member of my room you would have cat caught that exactly over here curl up on the one minute jay lines reason to buy 211 let's give time to atif but could be a good long sell us and we have only to hold it over here we'll risk 270 want to see really failure to 220 and over here we have only to hold sell us and okay but today trust me continue to watch atif because if we will have another long consolidation like this in a curl this could go even at three today why i tell you this because all the biggest longs we had in the recent times okay in the last few months i would say from september october 2020 uh happened in the same way so they hold over here they start holding this level and then they start curling and popping okay so 722 this is the reason for me to start along by the ask risking 210 to 15 for me this could lead to a good squeeze okay not full size position because we missed the 210 over here okay so you cannot trade a full size position on the break of that 230 you can buy more over here so let's see otherwise we'll risk 215 small position nothing big this time but the volume is there 1 million okay buying adding okay so adding risk and let's stop 215 to 20 okay this could lead to 250 so i'm looking for that 250 this is the way that i like to long but again i'm explaining you this curl if you come and see my playbook this is your a plus okay we're trading over here a secondary trade so this trade has to be half size of this one over here all right so let's see this stop would be 215 over here we got to stop it's fine so part of the game so in the long term trading like this you will have very good wins and you will catch the big runs remember on the daily we have a daily breakout to 15 so beautiful for me this will be a very good long okay daily swing possible to 15 to 250 then 3 okay 250 then 3 you see how much volume we have over here traders you see this breakout over here that we have at 216 that's a very good pattern okay whenever you're trading in today start looking okay what is going what is doing on the hourly what is doing on daily okay daily is having a daily breakout over here from uh friday maybe this will be a stop it's fine but then maybe we can have a long of one buck or more in the afternoon okay so start watching these patterns meanwhile over here watching for a wash and celestine and rita so no reason to even look at those till they're doing lower highs lower highs lower highs so now you can trail 283 so you can lower your trail uh 261 over here okay and probably this is going to be a stop at 215 but again if you play this in the long run it can be a very good setup to trade it puts some sellers over here to uh 2020 to 19 they're still buying they're still buying over here they're still buying until we have this break on 215 this is still a good trade gonna wash more instead of rito bank 247 just hold it okay moneymaker on this bank we're gonna have on rito traders 220 okay so patience right patience hold it is it clear bruce are you still with me buddy or you went for an Italian coffee yeah i just got back okay i knew it yeah you know you gotta get a gotta get a cafe um no it looks looks excellent joseph lots of buying there um and uh some strong buying uh yeah yeah you see that volume right here and you see these these buyers you can even filter like 20 000 and you see that we have buyers above 20 000 and meanwhile rito and celestine are beautiful so they're paying off over here okay they're paying off just hold these just hold these just hold these i mean that that rito is just really diving diving off the cliff there yeah only jayla rejection jayla rejection some cuts uh let's say i'm trying to dissipate but it's still like playing good for now okay let's see you can see all the sand looks great as well everything everything panning out nicely here took took a little while like uh you know some buying buying pressure came in but uh uh it's it's turned over yeah and look at the members in my room what they're doing they showed it the same rito and celestine well done the point is knowing the setup you can have one to stop but then if you nail the big one you can really pay off trader start watching 225 for adding over here on ati f because it's curling on the 90 may 226 breaks my bud this can lead to a big move 227 goes i'm gonna add over here 227 goes i'm gonna add not not doing it let's wait let's wait 228 228 228 228 this is gonna run probably okay unless the stuff if it breaks 228 i'm gonna run okay let's see over here can raise my stop at 219 so falling for now and we can hold for now rito or till break even poor lowering with the the lower lower highs okay red bar on this i want to see a green bar on this confirming the 225 hold i try to date traders not to scalp but to show you basically the a plus setups all right for me this is an a plus setups uh this ati f above 228 can go to 250 risk is 90 may right now that to 19 it didn't break over here it's so so careful okay so 135 k careful you see sellers panicking over here bias panicking over here let's see if they're gonna hold and push we can always scale out scale back in all right yeah that's such an advantage of the retail trader i believe that we have that 220 we can hold it below 220 buy buy jack if false 220 means it's still not ready but again it doesn't mean that won't be ready to date maybe like an afternoon one hour two hours can be a very good set 222 222 let's see 221 reason to get out of it here but okay because we'll wash uh robert is asking what was the lowest high there um in in rito uh was it 246 or 55 oh the lower high is 261 if you instead look at with book map you would say 244 245 so what can you do let's say you have a good average all right we have 267 over here so basically a free claims 246 on the bid you can simply trail partial okay so at least you have that half okay i would cover half of profit and then you use the stop it 267 or 265 or 263 in the money basically also we have jails over there okay so my idea being that my main target for these is to hold until the main uh level of 222 dollars okay so i'm looking for a six seven hour on this trade right now is to hold it basically having a patience but you know you also need to be always alerted uh that anything can reverse and we need to always take a little bit of profit okay like uh trail a little bit or take out the right pay yourself right now seems curling down 237 breaks we're gonna have that 220 okay you see over here go and wash no buyers over here all the buyers all the loans are panicking traders is not done at af is holding for is still pretty good until uh at af is holding the j-lines and the view up today trust me even we'll finish the screen share with with bruce maybe in one two three hours this could lead to a big big big move why i'm telling you this very strange a stock with this float with basically will basically hold the open level so long until 11 somebody has been absorbing and i saw it by a tape now we need to know if this absorption okay what what means absorption means that not me not bruce not even all the chat rooms out there but somebody big at this level 192 bucks they really started to low okay so i'm going to do like this so you maybe understand better bruce doesn't make sense i think bruce went for another coffee so for sure i i i'm right i was considering another coffee okay so over here trader this is the open level this gray zone you see this is going green as i said they plus set up for me with my trading system is longer to here risk in this low and often we can have these okay i'm not kidding really you see spy you see all the big moves this happened and if you look at uh over here still curling so if you look at this i want to focus really on the ati f because if this moves will move big and you look on your book map over here what can you see this level i had a lot of dips 185 181 9185 19188 and what a health broke this level of here 210 and now it's like for now it's consolidating above that 210 error so this previous resistance you see 123 stack resistance for now they're holding the support they're holding this 215 and if we consolidate over here we can push it upside okay i'm just gonna watch over here let's say we have a fake breakout fake breakdown of the vwap possible a starter all right and i'm just gonna put that is my main uh stock two wads for the afternoon for now on ati f okay breakdown the vwap let's see if we reclaim it if we reclaim the view up over here means you know what trap for the shorts so ready to go and buy on the ask or in the bid is even better let's watch also after again clsn just want to see one second clsn so we have averse 288 okay basically until i'm not breaking even i won't i won't really cover this we'll hold it uh let's see that we are ati f readers falling by by jack okay holding over here 215 careful careful careful and ati i'm gonna repeat it looking to take a feeler over here the close above this vwap over here looking to take a feeler rito going to 220 clsn looking for the same unwind okay took a feeler over here risking that vwap 213 214 on ati f let's see just a feeler this is the level of risk this we can take it off remove this we can take it off remove so for now it's a fake breakdown let's see joseph maybe can you comment on the partial profit taking is it because your setup is very high probability uh therefore yes so uh i will leave now one second that the trades uh there okay so let's say traders or we long but we're short doesn't really matter the same thing let's say we're short like we are 267 okay my first risk was 276 the more i get in the money the lower i moved my trail so for example from having a stop loss to 76 i move it down to this previous relative high now i move it down to this previous relative high so if things go bad i still get my profit from 267 to 244 all right but also what i do let's say i'm looking for a move and this morning i'm still holding the trade after we'll share again the trade in in the score room on a small cap room we shorted 348 we added down here and down here so when i was shorting 348 my first risk was this high 366 but when this got to this level so you see this blue wave this is called my day lines right i got out of it here we got out of it here partial of our position because often from this level we can have a pushback high volume even you know when they get halted when they have this fast moves spikes came the spike over here stop we add a little bit more and then this is my second target again i wanted to trim some because i know that we can have a pop and then get till here all right when we had this then we were shorted big again let's see okay this doesn't work didn't work at if all right so didn't work we have big support over here to 08 i have a feeler i can decide to hold that to 08 otherwise it would be very very disciplined to stop it immediately if i would be full size position uh cls and the same thing right so we shorted over here 348 seems to they always this 4848 then came down this is my first target and then started rejecting over here lower high lower high so let's say that you are short okay let's say you took this extension with me we get to this level i put my stop in the money we got down here okay so we are this 280 i put my trailing stop over here so if things go bad i still lock in my profits we get down here i move my trailing we get down here i move my trailing we get down here and i move my trailing so at this point i would get out or entirely or a big chunk of my position this is how you lock in profits okay in this market we never know i saw so many stocks that came to this level over here the the pink purple zone and then boom they spiked even like two 300 percent all right so it's very important for me that you lock in profits and then you can trade surely if you are above PDT rule around the court okay so over here we have a zaylin support reason for me to buy a little bit more on the ask or on the bid okay risk and maximum is 207 because it's my j-lines you see over here this is my j-lines when i see that i want to basically take position over here we can cover a little bit sorry i wanted to cover not add okay let's see this is because i'm retreating six hours this morning okay we took entirely position but basically is to hold this over here let's put atif and let's watch over here okay look what's doing the trade holding the j-lines all right so come with me i'm gonna show you a few things and then you can tell me i'm going to basically explain you the reason why i looked along so this is futures you see traders even bruce you see that blue zone is the same thing each time gets the dip if i have the volume i want to basically trade it long all right and this is why i take short rejection of the j-lines each time we get to the j-lines that blue area i wanted to show all right and this is the long that we had over here last week so scti trade along from 13 12 40 to 70 until 19 i made even a video i streamed live i share the trade and everything my error i sold early went 36 i remember correctly i sold 19 and something yeah 33 and something so why i took the long over here you see how it held after 11 o'clock the open level so right now we took this trade okay i took this long on the j-lines and i got stopped it's okay but then if you took the next one and it works you will get paid like 50 60 times more to stop bruce it doesn't make sense yeah absolutely i mean uh the um is and from your back testing you know your strategy is high probability and this is another one a e z s two weeks ago like okay 10th of february consolidates all day holds at level boom this is the long this is i had this that so you see my j-lines how sick they are the view of it's down here so really doesn't give you anything look my j-lines you miss the first one take the second take the third one boom home run this is how you build your account two three times more in a day okay so okay now it went down it cracked i had to stop whatever we are over here together doesn't really matter but the point is trade the setups and then use book map for the confirmation okay so we can flat out be here um flat at all okay done we'll revisit if we have a setup today on atif now let's continue to follow sila sen and i would say uh uh rito okay so still curling down break 275 then we have support 273 very low liquidated over here very low liquidated on the support on sila sen um expecting a small pop with this volume over here 200k average on rito you see probably these are covers not really the buyers again they can even hold this micro support to 40 and they're washing it okay so all these can be like small um re adds okay in the money adding to your position so cracking this 239 to 38 boom you can add like 500 shares 1000 shares small so that your average doesn't fall too much all right and i will continue again repeat it to follow today atif so let's see also if we have any other movers um well done kabo this morning the watch we were at tesla apple sabbatif rito sila sen now for now i would say let's focus on these these mean miss the tesla so nothing again when i say about the j-lines all right this is it so got that 748 and rejected so or i find the picture perfect short of j-lines and at this level i also have heat map so book map confirming or otherwise i see for i look for a trend line break a little high rejection of the trend and then i look to to trade for done wine okay so right now just to look with you even the trade is gone let's look together at tesla let's look at 50 minutes ago we had uh resistance 748 so what can we see over here let me do like this is a 750 we had a big resistance okay 748 we have this uh small heat map in this case so not really a huge one pop into this 748 fail rejection second pop to that 747 cannot hold and then starts done wine okay till 743 so these are the levels that i really look to to short sila sen so sila sen i see only sellers over here not really a lot of buyers any question traders so almost 1130 probably will slow down a little bit over here the price action no no no questions i've been answering the previous questions here so any any more questions please get them in for joseph so all the red tape over here on sila sen let's check the roadmap so above we still have this huge amount of sellers when i say huge amount of sellers all wall of sellers okay i mean this one two three four five big sellers over here and you can see that we have around 1.6 million up to 320 of sellers so it's a very good amount of sellers for a small cap and then we have more over here so up until 350 we have three millions of volume of sellers so still traders that they want to get out from the stock probably some back holders probably some traders that over here got long and couldn't get out over here 350 they were waiting maybe this will go seven yeah sure and probably also some short sellers okay did they just want to get a feeling case we have pops so they have already limit orders out for now we have average 288 so reason for me to risk the break even or to go for the two dollars two twenty dollars okay yeah no i love the way you use a bigger approach and smaller approach with the uh the book map uh heat map to confirm you've got your you've got your bigger uh you know higher time frame approach with your j lines and your setup now you're looking at the confirmation here in book map absolutely i would say uh i trade using both okay i trade using both that gives me the best confirmation possible the more things you add okay that confirms the same thesis the better will be the i would say that the result okay this doesn't mean to make things over complicated this doesn't mean to i will flat out over here anyways we're done this doesn't mean to make your strategy so hard to understand that you have to think and think no but if i have for example a resistance on previous high on the chart resistance giving me from heat map uh red tape over here so i see sellers also my strategy let's say j lines or the pattern that i'm looking at that moment all together confirm me that i need to take the trade and i will have by based by stats a good return i will have a good risk reward and i will have a good percent of win rate okay so i have some questions here for you let's see how often do you zoom in on book map is it at large liquidity levels only i think we're just we're just talking about that yeah but you're looking at the smaller levels too when you see like the bigger player coming came in like they were gaming the the level there uh earlier yeah so for example there are many patterns on book map and it's hard to cover them all right now in about one hour one hour and a half of a screen share but for example okay not to be here on silas send but if we start looking at elite see which was pretty liquid this morning and i start seeing patterns over here you see this algo holding they're holding they're holding and then over here they simply not holding anymore so this is they're propping the uh microstructures with these algos so they're like i'm making it climb and then at this level what they do they simply start like unloading so seller seller seller seller seller so what before we had this micro support holding and popping and pushing over here we have the reversal steer step down simply holding it's high and basically pushing it down you see over here it happens again at the open this is simply like a sick one one two i believe now we'll format three and more on okay so this talk moved from 17 down to 12 over here yeah that's a great example i mean and i really like i've been even using it i in some of the daily advanced webinars that curling over or around it describes it very nicely so you you see the strength you see the buying coming in when the heat map shifts and changes and you see the sellers start to come in on the other side now now you've got it now it's aligned with your higher time frame absolutely absolutely uh let's see here um see uh how did you learn um or acquire the patience to hold on setups like CLSN basically i lost my eyesight and i'm here from 1999 besides three years where i was just like doing other things and just like swinging or investing so uh 2021 1999 i think maybe a little bit i learned so just like a lot of screen share and basically starting over and over as a trader uh you never uh finished to learn okay you can have 10 years experience 20 years 40 years and still you have to learn more because the market is changeable it's changing market is evolving you know panta ray uh everything moves like greek used to say so there's no reason to think you know you know everything you get cocky because that will be the first and last time you will trade yeah i mean like the one the one thing that is just so apparent with basically all the webinars that you've done for us like from the very beginning is the clarity uh and the um confidence you have in your setups because you've done them for so long yeah only with confidence traders you can basically size okay now i'm at the point in my training that you in the room i don't size anymore i'm more to teach more to explain more to show the setups but if you want to size you cannot size until you have that confidence confidence gives conviction conviction brings size otherwise every single attempt to put 10 20 30 k shares or like 1 k shares of tesla or like 50 100 200 contracts and options you know what will happen you will like get out early and be scared get formal uh you will like simply panic uh you will have insomnia you will sweat you will like um lose your why for your husband whatever that is instead start step by step takes time okay so don't think even you have a one million dollar account the next morning you can take 200k dollar position i mean if you have maybe one building do whatever you want but i really like that everybody starts a very small builds consistency consistency sorry and then with time starts to add size and size and size and size okay it's a slow process who in the room made six figures seven figures less here and i showed on youtube some videos and both actually more than both but these traders mostly have book map and bruce knows them they took time to reach those levels okay so and basic another thing if you follow alerts you are more and you will fail so you have to learn how to trade this is what me and bruce and bookmark are trying to teach you okay you can take an alert and that they make 50 100k trust me everybody every single person maybe i spoke with three or four thousand traders in my life everybody followed alerts at the end lost 10 times more of his first big win now that's uh yeah exactly i mean that that tells it right there i mean uh you have to know you have to know what you're doing you have to build that confidence and that conviction um let's see uh there's some questions here about well first off um everyone uh to answer several questions uh the recording will be in the youtube our youtube page uh later today all of these recordings for the protrader webinar are always in that playlist i put it into the chat there uh for um the protrader webinars you'll see so give me like a few hours before i can put j traders up there um and the his contact information is in there as well people are asking about how to get in contact with you about the j lines or other things uh so that is in there uh and then a few different questions on the um broker that you're using but i i'd need to reiterate again uh joseph here when he's trading from book map here uh this is in sim simulation mode the sim the simulator in book map is very accurate you can see where he's getting slipped um on some of those buys right there on uh the cc lsn um and because the simulator is accurate right it puts you in the queue uh it doesn't just like randomly buy and sell and get you get your price uh you're in the queue uh but he is uh he's he's taking his uh his live positions uh from another broker and and people want to know not only that broker um but we don't recommend brokers but you know you can say what you use uh and then uh how are also you getting a hold of shorts uh first maybe some of these small caps okay so for everybody you can contact me or just look at my pay uh page on a j trader code uh or my youtube videos on the you will see description we use uh we um uh prefer to use call bar trading in the room you will have a discount with my link on commissions pretty good discount and basically that gives you the cheapest bars around no overnight fees versus many other uh brokers that you can show but that you will have crazy amount of fees and also it's a very professional customer care basically i would say that uh is the best out there okay excellent um uh let's see i think we've answered all the questions um any other questions guys last uh last chance here i'll sub you know joseph has been going for about an hour and a half uh and uh let's we can wrap we can wrap it up here uh what alerts meaning losses um don't know what you mean there jerry uh maybe i know uh alerts are good if you are following a system together okay so if you follow blind the person i tell it that because there are many like i would say things to avoid around okay you cannot follow people on socials people on chat rooms and thinking that if you trade an alert you will make money for example this morning we traded in a room about eight positions six were wins and two were stops let's say you get in my room and you trade those two that lead to a stop you will say oh fuck i lost my money it's not like that you have to learn the strategy because if you learn the strategy you will know yourself what's a good trade what's a bad trade how to divide your capital so asset allocation risk management and then you can really make money okay we have uh four or five traders this month and and the month i will put another post showing the results they made six figures so above 100k okay and this is very possible can i tell if this is possible in one month forget about it okay go play bingo you want to learn you use book map you use a room that really teaches you how to trade yeah exactly i mean well said i mean you i mean joseph has refined his strategies for decades now and he knows exactly what he's doing and then he's now he's refined it even more when he knows the order flow at these areas looking at the book looking at the volume looking at the price structure in book map and it's a you know real solid confirmation of his higher time frame strategy all right so forget about it go play bingo okay yeah trader he likes that yeah so i i think that's it joseph thank you very much guys this is what joseph does every wednesday for us this is part of the book map education if you're interested in that it's you know we have you need global plus book map global plus for that but we have every day at 10 a.m eastern time we go through the order flow in detail it's forward looking and then obviously it's live trading on wednesdays with joseph and then also on thursdays with scott pulsini so we really offer quite a education package here to start to understand how to use book map and order flow and then you want to learn about trade management and joseph's strategies reach out to joseph you've got his contact information there and his email etc all right i think it's time for that coffee joseph yeah i wish we could have it together buddy someday someday for sure yeah after this situation okay exactly exactly i look forward to it okay so everybody again thank you for being here reach out to bruce or to me if you have any other questions thank you bruce and book map again and see you next week thank you very much traders bye