 Good afternoon everyone and welcome. My name is Melissa Armell and I thought I would give you my opinion of what's been happening the last couple of days with GameStop and specifically today There was really no play for me in GameStop whatsoever at all. The stock wasn't a downtrend. It was tanking tanking tankling. It was dirt cheap I typically don't trade things and I and I don't even rate any gaps of Stocks that are those low float stocks are really dirt cheap stocks But people that have small accounts and a lot of the Robinhood traders decided to buy This based on that reddit forum and they were all in this and they moved the price up Now the stock did have a few gap bumps in the last couple of days But when I use my system there the system didn't rate her to be able to buy those and have a forceful move That would have moved the stock in a bullish direction based on institutional buying now. What do I mean by that? For example, when I rate a stock in the morning, which I do in the post market in the pre market Sometimes I do it tonight. I always do it in the morning. Sometimes I do it in the night of the morning I'm looking to see what institutions are buying the stock or selling the stock or shorting the stock And then I rate the gap based off of that what happened in GameStop stock is that retail traders all Piled on the stock created a short squeeze Okay, where there was a hedge fund that was short this stock which is one of the reasons I was trending down so much Then they misfounded the position it did not kill the stock when it hit up over the high Which was on January 22nd, okay Where they were probably down in the position then not so much as they were into this week again What's going to come of that particular hedge fund if they're gonna make it or through or not? Or if this pretty much ruin them I don't know but the reality is that either way the retail traders created a large upward move in the stock This week it was too volatile in my opinion to trade. Okay. Now Volatility is a good thing when you can predict the movement when it's controlled I know this may not make any sense, but there's something called controlled volatility What happened in GameStop was not the stock was halted multiple times this week multiple times today If you've never been in the stock in a position where you've been halted it can be very very scary You don't know when it's going to reopen. Sometimes it doesn't reopen At the same price very often it can open higher or lower. You can lose money I've seen stocks and again, this has never happened to me But I've seen stocks where they don't even open again until the following day Okay, and that is very scary for people too So the volatility was off the charts and there's so much though that it just it just didn't make any sense To risk a position in this because you couldn't trade it normally. So the one nice thing about what I do is I'm looking for large moves I'm looking for momentum. I want to get a big move to the upside if I'm long I want to get a big move to the downside if I'm short But I don't want it to be like this this this this this this this this this back and forth That can be very nerve-wracking to train I'm looking for a nice solid flow of money coming in and aggressively moving something up or a nice solid flow of money coming out of something to aggressively move something to the downside like a like a sweep, okay and The thing is it makes it a lot easier to trade when you have that and that's typically how When I'm looking at a gap and I'm rating the gap I'm looking to see what institutions are going to come in and buy or sell the stock and then I'm predicting Where those institutional moves are going to move the stock because institutional money does move stocks That's what I'm pinpointing and I think the what what has happened in the last couple of days really just confirms to me What I've always known is it is one individual the way to make money in the market is to go with those institutional moves What happened this week was a once-off, okay? And it is something that could only happen in stocks that are dirt dirt cheap that people that have small accounts Are buying them but you see what has happened in just today where now these brokers are Restricting these small accounts from training these stocks that are cheap stocks So it is it really I think today was probably very frustrating and a nightmare for a lot of people What's gonna happen after this? With with those cheap stocks, I do not know I do not know but I will say it's a lot safer to train stocks That are not halted multiple times a day that have a nice free flow volume and momentum in them and move and and again, these are very often companies that Many many people are training and and and are active in it every day and that typically you know the name of the company and And and literally they're not they're not down at these types of prices where they're almost at zero I mean when something is trading that, you know, three four dollars people were talking about expr express. I mean, you know It's like, you know to short or go long something that's that's cheap. It's like to me You know, it just it just makes no sense. You're not gonna get the play through You're just not gonna get the play through in it. Do you know what I'm saying? So, you know, it was a stay away from me For the GME there was no play in there that made any sense this week at all and Even though volatility is a good thing. There's something called controlled volatility. I know what that looks like Okay, I'm used to seeing that very often in things that we do It's a smooth ride to the downside or smooth ride to the upside in a big move It could be an expected but it's still a smooth ride And what has happened in GME just in the last 24 to 48 hours was not a smooth ride for anyone that traded it And and there are people that are still in that and they were not allowed to buy more of the stock today in certain Platforms and they were only allowed to sell their positions and some people did sell Which is why the stock fell and then some people did not sell and it'll be interesting to see what people end up doing Because if they're gonna switch brokers, they have to sell the position to move their money to a different broker So I'm following to see what happens with that because I think it's very interesting But at the end of the day, you know, I'm conservative in the sense that I'm looking for Something every day that I can predict the direction with a high level of Certainty that I can do it that has high odds of working consistently While once in a blue moon you may have a move like we saw in the GME this week that the retail traders Basically beat the move or pushed up the move through from the hedge funds I do not think this is something that's going to be sustainable and and ultimately if Several funds wanted to come in and short that stock and push against those retail traders They absolutely could have done it if some would have wanted to band together and take the risk instead What happened is again the brokers ended up taking people out of positions and restricting people from buying the stock and Other things as well and now they're changing the margin requirements and some of these stocks as well And making that they need the full cash to take the positions too. So You know for me The it just confirmed to me what happened this week It just gave me a hundred percent confirmation that as one individual you can make money in the market But you have to understand the game What is the game the institutions control stocks and control the market the big money does control stocks and does control the Market most of the time and you as one person if you can predict where that money is going to go Whether it's selling or buying or shorting and if you play along with that You can make money with a small account or a big account if you're riding the wave of that money You can and it's it's a lot more controlled of a move than something like you saw in the GME People are thinking they're gonna take a small amount of money and make you know all this all this kinds of money Well, that can happen every once in a while like you saw this week That's not what trading is what I'm looking at is a very pinpointed way to look at something that I can Replicate To predict the movement of a stock of the market over and over and over and over and over again in any market condition at all And and that is not what you saw this week This week was really much like gambling where people were in it and the people that bought it way Before way way way way way way way way before this move this week We're the ones that made out as long as they got out as long as they got out in time before Before the drop-off those were the people that made out whoever those people were you know I don't know who they are or whatever But the reality is that when people are looking for get rich quick things in stocks or opportunities Or trading where they have no strategy or system to do whatsoever and don't even know why they're doing it That makes no sense to me It is so important for people to if they're gonna risk their money know why you're doing it One of the reasons why I make my trading room that my trading what you can't join my trading room unless you Do my class you can't join my trading room and even pay me for it Unless you take in the golden gap course Why because I want people to be successful and you will be more successful if you understand why I'm saying this gap is Going to go here at this gap rates this many points or this gap is going to go to this target or this is the support This is a resistance. This is a long. This is a short whatever You will make more money if you understand it to take trains and not understand the rational reason for them is gambling in my opinion And and unfortunately many people were gambling this week in GME Some made out some lost. That's not a way to consistently look at making money in the market It's you know, I whether people like what happened this week whether they are for the people against the people for the funds for the red It's whatever it's neither here nor there What is the most important thing the most important thing that people have to understand is and and I can't stress this enough I was talking about this in the trading room this morning. I understand what it is Okay, I understand the game if you understand what it is and you understand how to Make that work for yourself and use that to your advantage. Okay, then you can profit and you can make money I understand that I understand that that is one of the reasons why I created a system 12 years ago to Read institutional money in the market. I understand how the system works. Okay, you can try to fight the system You can hate the system you can complain the system You can want the system to change you can do whatever you want but at the end of the day what you need to say is you know what I can make this work for me and You have to understand what the system is and you have to be smart and intelligent And then you make it work for yourself trying to buck the system in the long run Really isn't how you make it work for yourself because it's really it's really not realistic. Okay, what happened this week It's not realistic for people to replicate over and over and over again And that's concerning that people are gonna lose money, but you know, it's it's people's own money They can risk it a losing and throw it into the market if they want But I think it's important for people to learn what to do. I think it's important for people to have a strategy to trade I think it's important for people to understand That you can do well in the market if you comprehend what it is and you use it to your advantage And you understand that the institutions are driving the moves in the market. They absolutely absolutely are So that is one of the reasons why my system the golden gap is so it was one of the reasons it works Okay, it works because I pinpoint institutional money that's happening in the gap And I'm predicting it ahead of time before it happens. The reason my system works is because I'm seeing that money I'm seeing that money in the post market in the pre market I'm seeing it in the gap and then I'm ready to determine how strong it is how good it is to decide whether or not to do it Okay, as long as short or as a bullish gap or a bearish gap So I've always understood that that institutional money is in control always always always So people that want to complain about the system or the way the system is or say these people can't control it Based on what's happening now No, because like I said people could have come in together and pushed out all of these traders if they had wanted to do it It became such overblown it was on the news everywhere and no one else wanted to touch it I wouldn't be surprised though after I saw this the way the stock just got smacked down today and people were not allowed to buy it I wouldn't be surprised if anything that happens in this tomorrow anything at all You can use a system to your advantage if you're intelligent and you're smart Whether you have a small amount of money or large amount of money If you are not going to be smart about trading you're going to lose in the end for every one crazy trade that you take Just like this GME one if you happen to buy it if you happen to make money If you happen to make a lot of money for every one crazy trade you will lose in 25 others and ultimately then you will lose Do you understand what I mean? So trading isn't about gambling for me It's a very thoughtful serious process when I go through it I look at 26 points in the chart before I'm deciding if I like something to do to do is a longer to do is a Short it's a process that I go through. It's a thoughtful process It's not throwing money into something because everybody else in the world is okay And and I just can't stress that enough how people need to understand that and and again going back to what I was saying about institutional money. I Knew that long ago. I got that I got that that was it and And I and I and I saw it I saw it for myself and then once I started to be able to read it Once I started to be able to read it and play with it Treating became so much more easier reading charts and predicting price action now is so easy for me because I'm able to read that Institutional money that's in the chart and if you can learn how to read it if you can learn to play with it Then you're not gonna hate it Okay, and there's no reason to take this absurd risk by doing things where again the brokers could shut you down and Then you end up losing in something or not being able to trade it right because of some such short thing like this happening And and remember, you know when you train You should never be risking any more money than you can afford to lose And one of the reasons why these brokers ended up shutting people down and taking people out of positions So that it happened today is because they didn't want to be in the hook for the money They didn't want to be on the hook for the losses They didn't want people to be holding these positions even overnight because if the thing had turned the stock had turned around It gets them overnight and that sometimes happens in a gap That's what creates a gap in the first place which again sometimes is buying and sometimes is selling the brokers You want to be in the hook for it You know at the end of the day So that's that's that's my thoughts on that. I'm sure I'll have more to say on that I did an interview today on the Federalist talking about it. That will be uploaded tonight I'm sure I will have more thoughts in it, but but for me, I felt gosh, you know, I'm so lucky that I always understood this I'm so lucky that I figured out something to pinpoint this institutional money I'm so lucky that I I can embrace what the system is I get it So, you know, you know, you can you can fight against it You can hate it you can do whatever but if you understand what the system is and you can find a way to make money and profit in that system itself Then that's the that's the best of both worlds, you know, don't you don't you agree? So and it makes a lot easier to trade as well and a lot less stressful So if you have any questions and if you'd like to learn my system the Golden Gap course The class next class is the middle of February. I think it's February 13th 13th and 14th Email me at Melissa the stocks which calm a great day everyone