 Hello there everyone and welcome. This is Melissa Armo with a stock swash Hope everyone is having a fabulous weekend Nice long weekend here in New York City for Labor Day and a beautiful 75 degree day Fall is upon us ever since we had that hurricane in New York the weather has been fantastic Fantastic, so looking forward to soaking up every single beautiful day until the winter months come So I wanted to review the first eight months of 2021 this is the live trading room results advanced trader tracking which an advanced trader risk is approximately $2,500 per trade some were slightly left some were slightly more But it's a rough estimate of what you would need to risk in order to get these results for the first eight months of the year 2021 375,711 So this is again eight months So it depends really how big your account is as far as how much you're going to risk per trade and Also, I get this question a lot as far as how much money Do you need cash to take some of the trades on margin? So we'll talk about that a little bit here, too When you're taking a day trade, these are all equity day trades You have to use margin now if you go to a retail account You're going to need a minimum of 25,000 to get four to one margin Which would mean you'd have a hundred thousand in buying power if you go to a prop account There are some prop accounts you can open up an account with as little as $2,500 most require five thousand and you're going to get ten to one margin So for example say you had five thousand account ten to one is you'd have fifty thousand in buying power But that doesn't mean you're risking all of that in every trade for the advanced trader results You'd be risking two thousand and five hundred approximately per trade and this is an average of about forty six thousand dollars per month Okay in results As far as what I do I use my gap rating system and and that's what I follow every single Solitary day when I take the trades it really depends if you want to do active day trades or if you want to do options Some people prefer to do options why because they can't be in the room every morning All these trades were called in the live room in order to join the live room. You must have taken the golden gap course That's where I teach the system that I apply and use every day. I'm excited about the fall. I'm excited about trading Between now and the end of the year. I think we're gonna have some volatility I'm surprised we haven't had more volatility this summer With all of the things that have happened, but the unemployment benefits expire today Labor Day and I'm really interested to see where the future is open tonight and where we trade out the rest of this week So if you have any questions you can email me a Melissa the stocks wish calm or call me at 9 to 9 30 to 100 gap Follow me on Twitter Facebook YouTube or Skype So we're getting into the end of summer officially today and Then fall will start and then we have the next earnings season which begins in a few weeks earning season is a great time to trade my system why because a lot of stocks that Report earnings gap now. I don't take trades into earnings. That's very dangerous. You don't know how the earnings are gonna report and Sometimes you get positive earnings Fundamentals as far as what the earnings say and the stock gaps down or vice versa. You can't tell anything from that I don't trade based on fundamentals. I trade based on technical analysis advanced technical analysis Okay, that is what I do and that is how I make trading decisions So starting out the first of the year January BA beautiful Short to go into the start of the year, which is funny because we did that so we did the stock so often It's 20 to any with the coronavirus And and I saw the other day 50 50 chance that we have another shutdown I wouldn't put it past this administration to have another shutdown. No way And it could be this year could be next to knows all these variants that they keep talking about We're living in a world that's the government is really overtaken People's lives so much Spy lost then on the six two losers in Facebook retake did not work BY&D was a nice winner apples a winner seventh two in the BY&D one lost one worked Sometimes I'll do a retake and you know, I like that network The eighth was Boeing again winner CCL and winner. It's got to get back to doing that CCL love that stock to trade Nice small entries in the CCL and with a good profit good volume The 11th Twitter lost Facebook lost Boeing lost Twitter lost Facebook lost BA break even Facebook won an apple one That was a long day for me. You could tell what I'm doing a lot of trades. It's a tough day The best days I ever had her one ticker symbol and done 12 was Netflix one and CCL small winner 13th was BA one Twitter one on the 14th WFC was a winner in the 15th 18th closed from Martin Luther King holiday Twitter was a winner 20th Netflix lost and the second trade one 21st UAL was a winner Beautiful week here 22nd IBM one 25th Apple one Verizon one in the 26 27th BA one spy one No trades in the 28 spy lost in the Facebook one in the 29th No trades on February 1st UPS lost spy one cues one loser one winner on the third you come one of the four spy lost Then break even you come loser another break even on the fifth diamonds one of the eight I will do the market ETFs. They could be pricey, but you can do options in them if you don't want to do You know the day and trades on margin Ninth was IBM lost an apple lost 10th they can lost Twitter lost then Twitter big winner February 11 spy lost save one Then the 12th Disney lost IBM lost Twitter one closed 15th Twitter one no trades in the 17th WMT was a winner Twitter winner 22nd BA lost WMT one no trades on the 23rd Then on the 24th Spy lost by one Twitter lost Disney one 25th BB Y lost Twitter lost and then another loser in Twitter Dpz one foot locker one in the 26 by one in the March 1st DDD one in the second Ross one of the third spy lost then one of the fourth GPS lost Facebook lost and GPS lost on March 5th Facebook lost an apple one on March 8th Facebook on the I mean on the 9th and March 9th was stitch fix that was a good or remember that March 10 spy lost and stitch fix one again March 11th oracle one Think oracles this week actually a March 12th oracle one again Lily one in the 15th spy one on the 16 No trades on the 17th Apple was a winner in the 18th Nike was a winner on the 19th 22nd no trades if I get up in the morning I rate the gap and there isn't anything that rates per my 26-point rating system. I will not trade I just won't do any traits 23rd Wells Fargo lost twice Apple lost Boeing huge winner 24th GIS one loser in the queues Netflix winner Apple winner 25th spy lost spy one 26 Facebook lost Apple one JPM one on the 29 Spice have been rocking this year, which I'm shocked It's interesting to see if that Continues into the fall March 30th Apple one March 31st Lulu one April off for that wake Easter April 12th, no trades fast loss on the 13th Apple one and spy one two April 14th BBBY break even April 15 see lost Apple one April 16th MS loss BA one No trades in the 19th the 20th IBM one Netflix lost and then second one was a winner LVS lost Netflix one ITC winner no trades in the 26 then getting up to the end of April UPS was a good winner That was earnings and we did a put in that too April 28th save last Starbucks one and Microsoft one in the 28th Most of these trades are short, but some of them are long just so you know We mostly short in the room because we want the quick moves fast in and out between 9 30 and 10 But some of these trades are long, but I'll find a good short a good bearish gap And I will look for a bullish gap That's usually you know what I do every morning April 29th eBay one April 30th Twitter loss then one May 3rd Twitter one a Microsoft One on the May 4th no trades in the 5th May 6 by lost who were lost Netflix lost Etsy big winner May 7th BY&D just did not work at all three trades in a loss then finally a winner. That was hard Shack was a good winner though May 10th cues winner May 11th cues loss Microsoft loss Apple Boeing spy This was a crazy day be a break even then find the spy worked May 12th Microsoft two trades one loser one big winner and then a huge winner in the spy That was May 12th May 13th Babel lost target big winner Look at target tomorrow May 14th Disney one Microsoft one in the 17th and May 18th was AT&T for a winner May 19 spy loss cues loss a one big winner spy break even Cisco lost in the 20th KSS winner 21st no trades BY&D again one May 25th Apple lost shot lost and then another loser in shot and DY was a huge winner That stock can be really spreading that DIY, but it was a big winner JWN Nordstrom one on the 26th DLTR one in the 27th and HPQ, which I love to trade one on the 28th Then June 1st spy lost June 6th Apple lost Apple one Off for the week of the third stitch fix lost QQQ lost Apple winner and stitch fix a winner June 9th Campbell soup two losers QQQ loser June 10 spy lost cues one Microsoft one June 11 CCL lost Microsoft lost Lily two winners and then a June 14th Apple was a winner No trades in the 15th Oracle one in the 16th no trades in the 17th again You have to be disciplined when he trade. I also use stops I use lemon order stops when I take a loss what you see the ones in parentheses or losers It's because I had a stop in and again, sometimes I'll retake it You're better off doing now at the letting the trade go against you You have to have a fixed risk. It has to be similar risk on every trade That's how you make sure that you don't let yourself lose too much and you book the winners June 18 JPM one spy one on the 18th to June 21st no trades June 22nd Apple lost second trade was a winner a big winner in the retake QQQ is one of the 23rd and KBH builder was June 24th, and that was a winner I think that was Yeah, I think that was earnings June 25th fdx one have to look at one. This is this my fdx might be this week For earnings June 28 spy lost cues one no trades on June 29th June 30th Apple won stz break even Mew is a fabulous winner July 1st Apple nice winner in July 2nd Off for the July 4th holiday BA won on the 13th BAC one on the 14th No trades on the 15th QQQ's lost Netflix won on June of July 16 Diamonds won on July 19th. No trades on July 20th, and Netflix was a winner on July 21st July was a really really good month July 22nd LVS one July 23rd INTC one July 26 LVS one July 27th UPS one July 28th Microsoft lost cake one PayPal won on the 29th and PayPal won on the 30th And then I think I think July I I really had any losers in July Microsoft lost Q is lost Only two losers in the month of July July was a good month Okay August 2nd no trains August 3rd T2 was a winner August 4th CVS lost CCL lost spy won August 5th Etsy lost CVS one EXP was a winner in the 6th BA was a winner in the 9th no trades on August 10th August 11th WW1 August 12th Baidu won August 13th Disney lost Baidu won CCL lost Baidu won and Q's won on the 16th and BA won on the 17th And then target lost on the 18th BA lost on the 18th Q's won And the 19th BA was a big big winner on August 19th August 20th and 23rd no trains August 24th AAP lost Apple lost two August 25th Urban won JWN won DLTR won in the 26th Peloton was a winner on the 27th no trains on the 30th and zoom was a winner on August 31st So first eight months of the calendar year average risk for these results again Which is 375 thousand plus for the first eight months of the year for 2021 This is the live trains called in the live daily trading room and in order to join the room you must take the class After you do the class it's 500 a month to be in the room But it's a prerequisite to have taken the course the trades set up quickly. Again, these are all equity trades But I will tell you that there's a split I'd say Half the people in the room are doing day trades and options and half are doing the just the day trades So some people are doing both You can take a beginner risk. You can risk a hundred dollars. You don't have to risk 2500 You can risk half that and expect half the results. You do not have to risk this much I've been doing this for a long time. Okay 12 years. I've been doing this. So that is a long time. You do not have to risk this much You have to know what you're doing before you trade. I say start out slow But again having goals is the right thing and if you prove to yourself you're doing good at the first month You can step it up You can step up your risk I'd say this year 2021 has been a very very very interesting year particularly for the market We've never seen these kinds of Moves in the market on such a negative with a such a negative economic backdrop part of the reason is because I think the Fed is continuing to keep rates low And the Fed is willing to do anything they can to pump up the market And then the government's doing everything they can to pump up stimulus Which is giving free checks to people But in the meanwhile, it's causing massive inflation And now that the extra unemployment is over today be really interesting to see where we go towards the end of the year Anyways getting back to what I was saying if you want to ask me what I think about the size of your accounting What you want to risk ask me what you think you can trade this with a small account or a large account It is up to you, but you have to use stops. I use stops with a big risk Stops are like the insurance. It's a protection. And again when no one likes to lose in a trade I know that I'm going to have more winners and losers and I've got to keep the losers down So you want to have small losers and big winners? Okay So I always use stops. It's a limit order stop Personally, I think day trading is fun because you're in and out quick Sometimes when I'm in an option, I never know because I might be anyone to go to bed Again, you have a fixed risk with an option and I get the bigger overnight moves But I might be have you have chunking it out Chunking it out making money getting out quick quick quick quick. That's what we're doing in the day in trades Now I was talking to you about buying power Early on so say you have a 40-dollar stock price 200 shares was what 8,000 and buying power not in risk per trade It is in the BP or margin So you could you could take that train with a $2,500 prop account with a 10 to 1 margin because you'd have 25,000 in buying power So for example, the stock was a dollar in your direction. You can make what 200 bucks $200 a day equals $1,000 a week with a small account I think that's very realistic for people and people should look at it that way if they have limited funds They need to be green green green You can day trade with a beginner account and risk the only difference is your share size is smaller. That's okay And sometimes, you know when you're forced to be very careful, you'll end up doing better But I think people should be careful if they have a big account or a small account personally But you can grow a small account into a larger account. So know that I think everyone is at the point now where we're looking for financial freedom And you know, don't count on these stimulus checks that people are getting to last forever. I think those are short lived Short-lived we're living in a situation right now where people got to take charge of their own finances and their own personal financial freedom It is up to you. It is up to you. I'm going through the gaps. I'm writing the gaps in the morning That's the benefit of being in the room and me calling the market But it is up to you to size your trades correctly. You have to take the trade yourself You have to put the stop in and you have to get out yourself And yes, I do call the targets and the exits in the room as well If you'd like more information on learning my system, it is called the golden gap course And it is the golden gap 26 point rating system It's how I make every single pick that I make Whether it's a day trade or an option quite frankly It is like finding gold in the market and that's how I termed it because When you get a gap it is a high high win percentage working trading is not about a hundred percent I wish that I never had a loss like if I could get to the point where I'm so so so perfect Um would be amazing, but the reality is that some trades don't work out So knowing that I'm always striving every single day for perfection And keeping my losses to a minimum and booking my gains The 26 points came because I took three years out of my life to figure out the system And again, if I could come up with 56 points, I would trading is about odds You need to keep the odds in your favor high odds The higher the odds the higher the rated gap the higher chance of success of the trade is going to work And the more money I can make lower rating gap low odds, so you don't do it. Okay So the class is online if you were interested the next class is september 25th and 26th 9 a.m. To 5 p.m. Eastern time class tuition everyone pays the same price at 6999 us dollars And yes, you have to pay in us current currency. I only accept credit cards for the cost of the class I do not accept PayPal either You must email me for the forms to sign up you cannot sign up on the website The class is online if you are interested or if you have questions You can email me at melissa at the stocks wish.com to sign up and register Sign up early so you to make sure you get in I have a living number of people I take per class I do do the class once a month But this will be the class to get into before the next earning season begins And again, you want to be able to trade earning season to make money Not only to make up the cost of the class but also be profitable before the end of 2021 So earning season starts in october So you want to trade in october november that's the time to be in the room and that's the time to make the money The trends course is september 28th If you want to sign up for the combo You say $500 the trends course is about long-term trades. This is good if you are interested in swing trades Options or even to help you with your day trading you will save if you sign up for both together 74.9 Again class is this tuesday of that week after the big class 11 to 3 p.m. Eastern time If you're interested or have questions email me and melissa at the stockswish.com or call me at 929 3200 gap Have a great day everyone