 Good morning traders and welcome to the bookmap pro trader webinar series here for Tuesday today. We have Fausto Pugliese We've had him several times in the past excellent stock trader I've seen him trade. He has a wealth of information trading So you trade live at your event on site in Long Island Fausto, which was fantastic anyway, so yeah, he's gonna go through some Some examples and and how he trades etc. His his biography here if you don't know who he is one of the original day traders so that those sows bandits back in the early 1990s and acquired a wealth from from his trading began you know working side-by-side with many very knowledgeable traders and and Just built himself up here in the industry and Yeah, after spending considerable time mastering the art and discipline of day trading Fausto chose to start his own company And and share some of his highly sought-after wisdom here. So that's what he is doing I have his contact information here. He has education and mentoring services You can go to the website. You have his Twitter. You have his YouTube is Email here and then a book map affiliate link So if you're interested in book map, there are some special deals you can get from Fausto, I will post all of this into the chat so you have the links directly and you can just click on them in the chat therefore, you don't have to like, you know You know right and write this out and in the browser So let's go through the disclosures and then we'll hand it over to Fausto and good morning everybody All right 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 trading performance Risk disclosure trading futures equities and digital currencies involves central risk of loss and is not suitable for all investor an investor Could potentially lose all or more than the initial investment risk capital is money that can be lost without jeopardizing one's financial security Nor lifestyle only risk capital should be used for trading and only those with sufficient risk capital should consider trading past Performance is not necessarily indicative of future results. All right, so we'll turn it right over to Fausto and let him take it away All right, but thank you very much Bruce. So let me get my screen sharing up and running. Give me a second here everybody Make sure he's the right screen There we go. Perfect. All right, so welcome everybody Let me just get a little chat back if everybody can hear me out loud and clear in the questions Hope they make a seat a webcam to also All right. Good. Good. Thanks a lot Steve everyone. All right. Good. So anyway I'm gonna talk about book map and I'm gonna tell you how I basically trade with the book map platform I'm gonna show you the tools the bells the whistles on it It's a great platform and you know, there's a couple of good stocks that are actually making some good moves right now I actually just missed this one right here as I was probably watching me moving my face on the right But we got a couple of good positions If there's this stock right here, I'm not down 10,000. It's just got halted. I own a 1050 It just got halted at 1130. I jumped in around 1050. We'll talk a little bit about that We got another stock that's moving ALF moving really nicely OCG and it's starting to back off right here. I might just get out of it And we'll we'll basically talk a little bit about all these things and just sell take up to under our loss Always cut your losses and always run with your winners and Don't take a loss on this one too. Let me just get out of it and run my winners. All right, so anyway I'm gonna talk about how we use this platform why we got in why we're getting out of these positions How they getting halted how to you know, how to basically How I look at using the book map platform and show you why you need to use it But before I do that, I just want to do a little quick little intro and show you exactly Why I'm here today why you should listen and most importantly if you're not using book map Why you should be moved using book map and if you are using it and you're not using it the way I'm using it. Maybe you want to change your style a little bit more So let me go out there and just bring up the PowerPoint really quick and just talk about how to spot the False breakouts now what I like to do you talk about as a false breakout There's these stocks always make these big moves and you think they're gonna pop and they're gonna break but they usually don't sometimes and you want to make sure you don't get caught in those and You want to make sure you know where to cut your losses so they things reverse on you now just like Bruce just mentioned you Warning you could lose all your money doing this and I know a lot of people are trying different platforms out there But please don't go out there and trade what you can't afford to lose Lot of people, you know do this they think they know what they're doing But you know, there's no guarantees when it comes to trading so always remember that now just a little bit about myself on You know Bruce just put up a couple links up there. I love trading. I mean I am a trading junkie I've been doing this for 25 years and you know, I started I found book map It's almost like two years now. Maybe long almost three years and I'm just gonna tell you a little bit about book map And I don't want to sell anybody on it But for doing this for 25 years people always approach me and try to sell me some indicator Fouse though. We know that you're a big trader a day trader Could you use our platform to use out our words? Could you just indicate and I'm like I have really no interest Because everything out there is not the style that I was trained or what I was actually preached here as a professional trader I live here in New York the financial capital of the world and But when book map came to me and they show me the tools first of all, I was overwhelmed. I looked at I'm like Oh, it's another indicator, but it's not it's a platform and I'm telling you I cannot trade without it It literally took me from something that I usually call a level 3 Which I kind of promote calling book map as a level 4 platform Now I know and the reason why is we all know what level 1 versions are which is the bid and offer level 2 Which every brokerage firm gives you for free and then obviously, you know, you're gonna do this you're gonna do it Right now a little bit about CTO like I said, I started about since 1995 I am one of the original day trading schools actually one of the original schools in the industry And I'm still around which people like we're looking at me like wow What do we do so differently? How'd you stick around so long because you got to know how to play the game what I'm gonna show you on the book map platform is that I Was trained to trade with other traders and and I'm gonna invite every single one of you to come in my trading room And you'll see this live and you'll specifically see how we Exclusively use the book map platform because we trade around it. We want to know where the orders are We don't know where the buyers are but to just have a platform I'm just gonna tell you it's not always gonna be the most successful way of trading You have to surround yourself with a good team a good bunch of good traders that you have to trade with and if you Don't get it with those traders you better off going somewhere else listen we all had jobs in our lives right and maybe you made a career in a certain industry right and You know and you go get a job says oh, I got a job finally to be you know, uh, you know a contractor Uh, you know in construction. Well, maybe that Contractor is not the right fit for you. You know, I mean like anything Maybe you're an engineer and you went in a job as an engineer. You're like, oh, I finally got the job They have to graduating and you're like, you know what I love it, but I don't like the people there They're not really that good. They're not very successful. I don't see I'm gonna grow with them But I love the industry trading is the same thing So it's very important when you what you're doing right now is more of an interview You're interviewing your traders. You're seeing what it is But just because using the book map doesn't mean it's gonna make you successful You got to have people that are good at it and use it every day now Just to get to know a little bit about everybody here. So I know where I'm gonna be going with this Can everyone just give me an idea and just tell me have you been doing this for three months six months? 12 months new to it. Just give me an in the questions want to get to know how Well, no one are you guys in book map? So I know exactly how advanced I should get versus how, you know, beginner or shy should get Remember being a good trader is being a good listener. Oh, he's always thought that but using five years Tom Well, that's amazing 12 months my grow. Okay, young year and one month of book several years. Okay, David One month one to three months. Okay Steven you're new to this Just started amber. Okay Six months. All right, and my next question is this Are you a day trader? Are you a stock trader? Because you could day trade futures. Are you futures? Are you crypto? Which one are you? John you do futures futures futures day trading. Okay? Lost stocks options. Okay Now just give you my little take on the different industries if you're trading a certain industry and you're not making money within Maximum three months. You might want to change a different market or maybe find a different instructor I always tell everybody that so as as much as you could trade on the book map platform And it might be good. You might want to try different market and I'm not trying to knock different markets I'm not saying, you know, we're the best the stock markets the best blows away options Whatever listen, it just might not be for you. So just give you guys a little heads up on that Don't try to force something and do something if it really is not working for you. It's okay to try something else You could use the book map to trade different markets. Okay, so now let's begin for some of you beginners I don't need to tell you a little bit about this for you advanced traders But I always like to get a little beginner-ish because I don't want to lose anybody, you know When we start getting a little bit more active in the stock now on I usually have my layout set up this way Bruce told me a really cool feature on Customizing these bowls where I'm not, you know, I get to see the bowls as in, you know The bull a red means that their cells green means that they're their buys Reds are transactions on the bid green the transactions on the offer and you obviously you got all the These bar these old the heat map right here, which basically is telling you how long those big block orders Have been out there now I you know they say things a little bit different than what I say it Okay, we all know about iceberg orders now they interpret iceberg orders on on book map different than I do I came up with that word when I watched the movie the titanic 20 years ago an iceberg order that what I call Is a big massive Block order a big big order Now on the right hand side, you got the cob which stands for the current order book That is telling you to me. That's my level three Okay, book mapped on the left the heat map is a level four that's telling you the orders that are out there right now Okay, and the heat map is more or less telling you how long they've been out there for and then obviously on the right hand side You got the cv The cvp which shows the volume Per price action chart shown so it kind of tells you you know more of a another part of the heat map Are there you know where the buyers out there and how how it's almost almost like a volume indicator So it kind of gives me more of a volume description to see What what is more of the trend is it more buying and selling obviously you could see the stock is going up And you're getting a lot of those greens right there and that's basically how I kind of use that All right, so those basically the features I use just to give you guys a heads up I know there's a lot more functionality on it, but I kind of keep things a little more simple I don't want to think too much on this platform So I kind of like just more or less just keep it exactly how you see it Now how do I use it? Okay? Well first of all I want to talk about something we traded that uh yesterday We'll talk about riot now if you follow me on twitter if you follow me By the way, I I'm live on youtube every morning at at 9 a.m. And at 2 30 And we broadcast, you know live so if you don't come to my trading room You know you can go out there and friend us like us and then we post a little watch list So I want to talk about the riot stock that we traded yesterday And by the way, we'll get into some of the stocks that we traded Um, just really quick. I just got to keep an eye on the stock that I'm in so make sure that Nothing happens all right I just really quick. I'm just gonna do I'm just gonna show you something because I got some profits in here And I don't want to get I don't want to get in trouble. So, you know getting out of my profits. So I'm watching The two positions that I'm in right now is the alf Which is right here And you could see how the stock um basically got halted And did it get halted again? No not yet It's uh, it's starting to go down. So I'm just gonna get out and take my loss All right, and I'm in the alf trade right here the alf got halted. So This stock had a nice push. I had a nice profit, but unfortunately, I'm trying to talk to you guys So I just cost myself. Oh about about 900 dollars But I got this one position alf open right now. It's doing really really well. It's breaking all time highs um You could see how the stock is kind of halted right here on book map right here So as of right now, I don't know where the order's all we have to wait until it opens up So I'm going to keep an eye on it over here on the left hand side and we're going to watch it very closely All right, so I got that one position. So to be a very successful trader. You got to have a game plan. Okay What is the trend? Where are the strongest price levels? That's exactly what we do when it comes to trading The trend and the price levels don't make things more complicated in what it is. You don't have to all right So what we're looking at is we're going to look at the stock right here riot Okay, is what we traded yesterday. What is the trend in pre-market now? I don't know about you guys, but we do a lot of pre-market trading. Okay pre-market is I kind of called the vip access that believe it or not There's a lot of people don't know they have access to to pre-market brokerage firms don't want to give them access Not you know, not because they don't want to because honestly a lot of people really don't qualify But the big thing about pre-market Is that we could see those orders You know coming in we could see those orders You know that what came in from the night before and seeing where people are positioning themselves So kind of gives us a sense of trend where it is Now riot you could see that there were Here's the heat map and I think uh, david was asking me Can you explain where you are seeing the heat map right here? All these red lines are might are the is the heat of the predominant big block orders Like here you have the trend so the trend is up just I know it's a stupid question. I'm just going to throw it out there, but Which price levels show the most volume on the c o b? Okay Now the c o b right there is on the right Now the first thing I'm looking at is let me do I got a pointer here? Hold on Maybe this might help a little bit more so you guys can follow along. I see my little dot So I'm seeing these big price actions right here and I want to see those orders You know that we're out there And you could see that they got filled shall order disappeared By the way, you know what? I don't want to bounce around here and I want to throw anybody off, but that stock just opened up and uh It's starting to trend down really quick right here I'm looking over here on book map right here. Just showing you what we got going on. Here's our heat map You got a 50 000 share buyer right here at 20 and you got a 69 000 share seller at 70 Okay, so if I zoom in here, you could see a little bit more. You see that 20 000 share buyer So it looks like the seller just got executed So it looks like it's trying to go back up. You could see there's a 20 000 share seller out here at 80 You see his big red line down here. There's a 54 53 000 and a 27 000. That's your heat map right there There's no one in between so right now we're in we're in the middle of a floor and ceiling You see a lot of greens over here The trend looks like it's trying to go up orders. We got this 680 right here So probably gonna probably test it Um, if I go over here, you can see the time in sales Where it's trending you see where the orders are 50 60 so on Um, here on heat map you could start seeing another 11 000 share buyer just came in here at 50 Now the thing is you don't want that guy to get executed It's starting to build a support level. You see it's starting to build it up right there Okay, that's a positive sign for the trend to go higher. It's this guy right here We got to be focused on we got to get through this guy right here um, the longer the stock stays here the more the more uh The longer it stays here the better it is. All right, so it doesn't look like it's going to break It looks like it's going to trend down I'm going to put this over here on both sides Oops, what'd I do? There we go So it looks like the seller looks like he left a little bit. You know what? I'm just going to sell and just take the money I'll get out there. I'll just take out the 1100 All right, let's just get out there and take the 1100. All right. There we go It's not it looks like she's starting to trend down the guy left And with that basically would tell me is maybe the guy started he said, you know what he pulled his order And now he says, you know what? Let me let me start selling it I'm trying to get out of it. No one's selling it. Nobody's nobody's calling me. Nobody's knocking my door So what he basically did he's basically what he did is hit the bid You know, basically like he went out there and says, you know what? Let me just sell it So he could pull his order whenever he wants And you could see right here and now we're down to that big buyer right here of 52 000 Right here We got out at what price We sold it at 45. So right now we're down 32. So we're looking a little bit better than We could have got out of 50, but I thought we were gonna get a little bit of a push. Let's see if it's gonna probably back off a little bit But we'll talk about this strategy a little bit. We'll talk about some of the stocks But I still want to show you my style. Let me go to let me go to ride really quick So here you have that big seller get executed, right? Seller at 33 Resistance at 34 34 80 and 34 at 35 and then 36 These are your resistance levels right there. You see this guy right here up those that that orange line right there Those are my that's my game plan. That's my next resistance levels So now we change our we change our slide. Which price level shows the most buying? well You look here at 33 85 Which is right around here There's the biggest buyers right there. Okay, remember when you break through a resistance That resistance now becomes a new support level There right there you could see where the orders are happening. You can see how that orders are getting filled We're getting a very thick bar on the cvp What do you think happens because history repeats itself? Well right here Right, it breaks over 34. Okay again runs at 35 big resistance levels right here 58 not 59 thousand shares now remember That guy's been out there since 9 30. You could see here down here at the bottom He showed my point here Right here. You can see it right there. There's your resistance levels. He's been out there big order. Okay It's testing him You can see that the cvp is starting to build a little bit more of a green As the day goes on boom, it took the guy out it executed him. It went higher Now it's going now from there. It's going to test, you know, the next biggest seller you could see there on the heat map There's another seller at Was it 63? Boom takes that guy out at at 36. I'm sorry Goes to the next resistance level 37 takes him out Next biggest seller 37 60 37 80 just keeps taking him out and then eventually That seller at 38 held it held it held it and then finally boom the thing came right back down to 35 60 Tested the next biggest iceberg order there Let's see what happened to riot right now. We went to trends now And let me bring it up for you. Here's riot when you look at that Chart and you see the big resistance levels and we look at it more of a simple chart It's all about having a game plan. Remember resistance levels Are built by sellers see we don't teach Support and resistance levels. I honestly I tell everybody there's actually no such thing of support resistance levels Everybody's like, wait a minute. Is that the whole philosophy? No because you cannot have A support and resistance levels unless there's a buyer and seller out there Supports and resistance levels are built by buyers and sellers so That's why like when I see people teach indicators and it's not I'm like, oh, that's great. You got a great indicator, but Are you trying to predict the past? What happened to pass or you want to predict the future? Because it's the future that we're looking at to know how to have a game plan And having a game plan is to know where those orders are and you could see right here If you didn't have that game plan and you didn't know where those resistance levels were You would probably you would have probably blew up your account because as much as we saw those buyers getting done which is a sign of of of demand Boom then goes all the way up Takes that guy out But eventually the guy never left he kept refreshing his order Updating his order and you know what you had a really nice run from 34 to 36 Hell of a nice profit about it within two three hours But if you didn't see him still refreshing his order boom, there you go. You just blew up your account So Let's look at enob another one The trend of the stock in pre-market is up. This is the stock that we traded yesterday. Really nice stock enob now Which price levels show you the most volume the most volume on the cob so anyway When you look at cob You had support levels at 11 Okay, then at 10 That's what I see on the cob. Now remember certain stocks Will have more bigger block orders or bigger iceberg orders that I call Um at certain price levels But the big one resistance levels, which is not a lot, which is at 1250 and you could see that there. It's 5 000 now Notice the volume fill right here at 1080 and 10 90 From there You could see how the stock pulled back at 10 at 10 90 holes not because of You know some charts said so is because you could see right here. Oops. Sorry about that That there it was a big heat right there and that means that order was out there was being built by this 100 and 5 thousand share buyer Now you think about that for a second that's not like how many shares you're trading 100 300 Maybe a thousand But it's that guy right there that made that support level get built and you could have seen it at 940 You could have jumped in pay a little bit more Maybe at 945 and rode the thing all the way up which by the way where that resistance level We can see that guy's been out there since low past line 30 at 13 dollars now Change the slide here What will happen if enob can't break above 1250? well Very simple It just goes down and not only that But you could see that the sellers that got executed where that green arrow was and how people started filling orders says You know what now you have something that's called program trading all these orders come down and if you didn't get out Okay, where you saw that other iceberg order Now you're at $9. Now what do you do? Now what do you become an investor? Oh, I can't take a loss like that Listen, it's all about following the money You don't follow the money. You're gonna get yourself hurt So the big thing is you got to learn before you could earn and now what I want to do is I want to go to the I want to go to the platform and you know, and I want you guys to contribute and tell me What Are you looking at and let me tell you how I see it? That's the big thing. So A couple of things I want to bring up Um By the way, good thing I sold that ocg n that thing just came crashing down Just want to bring this up and show you This stock had a really really nice run this morning and we just got out of it and thank god we did because It just went from seven only down to 660. So ocg n let me bring this up really quick for you It kind of show you what you got going on over here So here you have ocg n you could see how ocg n um Gapped up pretty nicely if I had a nice little push, but there was one issue here If you notice up here once we got right around the 7 29 7 35 Look at all the look at the heat map how which is grown look at all those orders and most importantly look at the guy out there at 750 I mean, he's been out there. He put his order two minutes after the Market opened up And then all of a sudden I mean you didn't see anybody here up until 9 45 Right, and then all of a sudden right a pass for our 10 o'clock then these guys started popping their noses right here You see that right there? Was that 100,000 134,000 uh 89,000 and then a whopping 200 And 17,000. This is what my mentor always taught me Do you really want to trade against that guy? Because if you go through it that could happen But do you really want to trade against him? You know what I mean? Do you really really think that you're smarter than him? You know what I mean? That's the way you have to look at it Now let's look at this stock right here Now and now that we're watching it Um, by the way, would anybody trade this stock? Yes or no? Just out of curiosity. I'm sitting here talking. Let me ask a question Would anybody here trade this stock? Good. Good. Yes. Why not money's money, right? Would you care what the company does? Okay Now if you were going to trade this stock by looking at the bookmark book that Um Where would you want to buy it by the way, um, allen? Let me bring a good point to you because you said you'll trade the options on it um allen Let me let me tell you something about options You cannot be a good options trader If you can't be a good stock trader stock trading is black and white. It's very simple And I know the whole story people look at options. They're like, well, there's the leverage Please don't use that word because I know more people that blow up their accounts You know by getting that stuck in their head your first Um thought of doing a trade is buying the stock And then you could say well, you know what's got a good option trade. Let me do an option on it because when you trade an option Um, remember the spreads become very big You know, you got time commission and spread to beat the spreads become very large The sometimes you're trading the stock when a penny spread makes it easier and by the time the option moves The stock already moved already so not to discourage a trade option But learn to be a good stock trader first and you'll be a phenomenal option trader. Okay Now, um, let's look at this example right here. So where would have been a good price to buy the stock? To see where you guys could just look at this. Where would you think a good price would be? Okay, um ammar says uh right around 650. You know what? Let me go zoom in over there Okay All right, let me tell you why you're wrong Let me tell you why you're wrong biggest mistake traders make Don't ever ever ever ever and you write this down Buy and sell stocks that end in zeros and fives. Don't ever do that Don't ever ever do that because every amateur trader out there is gonna say, oh, I'll buy it at six dollars Oh, I'm gonna sell it at seven put it where it's seven. Why seven why not six ninety nine was six ninety eight Because you could see right there that every amateur out there right now is got an order at 650 If you just went up penny above him You cut the line by 155 thousand shares Okay So just give you a heads up and if you put an order now you're going to be last on that list That's the other thing I look at it So once you want to cut the line by 155 thousand shares that you know is support levels That's a little strategy. I was always taught so always keep that in mind. So right you said right now Garrett you said 162 wherever it is, but yes, that's where it's about but anyway You could see the stock is you know trying to build some support levels right here But the thing is this I want to zoom out a little bit further All right, so I want to go out and zoom out and I want to see if there's anybody else out there And you could see how the heat map really really stands out and you could see that If you get past 650 now, let me tell you how I also use it you get past 650 And that buyer gets done and by the way that can happen Like it or not this stock is going down to six Okay, so you can make a choice You could sell it right now at 645. Well, let's let's I'm just saying hypothetically it broke it Would you want to hold it for another 45 cents and in hoping it's going to hold that six Or would you just rather buy it back cheaper? One of the biggest things that we teach at cyber trade university is we really never really Our main goal is not to teach people how to make money. We teach you how to stop losing it That's everyone's biggest problem. Nobody likes to take losses and they don't like people telling what to do And if your person doesn't like someone to tell you what to do, you should not be trading Okay, um constructive criticism is very valuable. I know once in a while, it's nice to get a pat on the back Listen, I got three sons married for 20s, you know for 24 years Uh, believe me, I know about how to be proactive But I also know not to always be right if anyone's they're married, you know what I'm talking about um Happy wife. Happy life. You want to be a good trader? You got to have great mentors. You got to have someone's going to tell you don't do that And if someone looks at it, that's why I want a trading room and I say well, listen, why you We're all out of position. Why are you holding it? Well, I can't afford the loss Well, could you afford a loss that goes down another 50 cents or another dollar or another three dollars? You know, so you got to always remember that now, um By the way, is there any stocks anyone's trading right now? It's out of curiosity anybody here in a position Anybody here in any position? cclv, let's let's look at that one because you're the fastest one that brought it up there cciv okay, so cciv Garrett right that you name. Okay. Garrett. So garratt. What's your game plan? By the way, first thing I want to ask you a dumb question. Where do you own it at? It's not really a dumb question. It's a good question. Where do you own it at garratt? $17. Okay. Good. So You own the stock at 17. Where'd you buy it back here? And when did you buy it back in january? Okay, you put it all the way here So, okay, so you bought this stock in january Okay And you didn't sell it at 60 Is that is my eyes? Read this correctly You bought this stock At 17 the stock went all the way to 60 dollars and you didn't get out of it You didn't sell that 65. So you you held that stock all the way up And then rode the thing down back to 17 Okay You know what? I'm glad you're laughing at yourself. Isn't that that's what you have to do. Okay, you got it You know what? Yeah, I'm the idiot. I should have did that. I should have learned. I'm great Okay, now unfortunately The history on book map if I bring it up here. Okay, let me just x out of some of these here Now was that a day trade that turned into a swing trade that turned into an investment? Just just out of curiosity Uh, let me just bring that cciv All right. Okay CCIV I'm going to bring it up. It's gotta load some data Uh All right right now. We're just going back. Uh, we've got to go back further I'm gonna click this arrow. We're only looking at an hour. Look back, uh, three hours of market. Okay, so unfortunately me looking at book map for you is Really can't help me Other than if I was going to day trade it right now So you own it as a swing trade. Okay, so I can't really help answer that question for you other than looking as a day trade And you know as I'm looking at as a day trade as the date is loading up right here Uh, just telling you how what my thoughts on it, you know, because it is a little concerning You can see the stock has been going down down down from yesterday By the way, if the stock is trending down and closes at the lows of the day That's not a good sign. You should be getting out of it And if you didn't get out of it at 24 now now you own at 2280 This stock probably in my opinion looking at it probably is going to test somewhere around 20 Because now you look at long term not short term. So you're at 20 Um, you're at 20 and when I'm looking at the data right here You can see that there was a big iceberg order right here at 23 the guy got filled. That's not a good sign so that you know, listen 17 telling at 22 you got a profit I don't think there's anything wrong with that because you've been writing this thing down You had a second wave at 27. You didn't get out of it. All right, so that that's my thoughts on it Because I do swing trade also. Okay So that's my game on that next one anyone else got one amc's a little fast Um amc's obviously breaking out. It's doing well. It's a fun stock to day trade I don't know where you own it at but um as a day trade. It's doing pretty well It's really kind of hard. Um Just to kind of give you guys a funny story. So I traded amc. I want to show you something pretty cool here Where is it? Where are you? Is it this one? No, that's not it. I uh, we did a trade on amc that we broadcast on our youtube channel And where is it? There was a 800 000 share seller 20 bucks And that was part of the beginning of that rally that thing went up. Oh here it is. Hey, I got it. I found it I look on here it is So that's how bookmap really helped us out right here. I took the screenshot of amc right here 700 000 share seller right now. You see that there's 16 000 7 000 700 000 okay, you can see how the stock ran. This was at the close. Okay getting close to the close ran up Tested it backed right off Um, I didn't get the second screenshot of that one But that guy got done Okay, the guy got done and that thing literally and we know where it went went over to 60 So you obviously want to know about the short squeeze that's going on The one thing that's nice about the book map is you get to see a lot of algorithms I'm a high frequency trader type of trader. I'm a what's called a tape reader I read the tape And reading the tape is knowing seeing where the orders are happening But it's those big iceberg orders that kind of distinguished the trend and when that guy got done that thing took off So let me look at another stock. We had a couple other people you wanted a 58 Okay, so your own F. When did you buy it by the way? Jerry you want a 58 did I get did I put amc here? Yeah, it's in here. Let's just load it up. So amc Zooming out Which you got to be just what you got to be aware of okay So you got this big seller right here at at 64 the guy got done Big iceberg order came here right around 63, but there's that 237 000 share seller at 64 64 has Known to be a very big resistance levels on that stock If I go back, you could see that there's another 194 000 share seller at 65 So you could see the stock is moving what's in dollar into into into bills. Okay, that's basically 33 34 35 All right, uh, if I can zoom out any further you could see that you're not going to really get The big big orders down the field. I mean 75 80 you know, but predominantly you could see Program trading kicking in right around those prices. So you've got to have a game plan. Okay all right now Anything else Alan says the crsr. Let's look at that one cr sr Okay, so crsr. We trade the stock yesterday the stock is pretty much done with Yeah, you had some big iceberg orders having here around 36. It's it's right around there. It's not looking good For that stock. I don't know where you own it at But I'll bring it up on the book map and crsr Once again, you might not like me what I tell you I'm just being very honest with you don't Bruce can probably agree with me data here. All right, hold on. I got to accept some stuff Loading the data stock that we were trading that stock again crsr Let's bring it up here. Okay. It's loading the data historical data now It's going to bring it up with you here. So the thing I'm just going to give you a heads up on this stock right here Crsr just to let you know One of the big things that we also teach here at Cybertrain University is something called the three T's tradable trend and trap and When you look at this crst the first T it's really not that tradable We call the stocks look more of a category five, which is the highest If you look over here on tier sizes see what's the size on the level two You see has a lot of hundreds that means that the average trader in the stock was trading hundred share lots So I don't have any shares you're trading, but that's that's not a lot. That's not like an average Stock like let's just say I'm choosing picking this one out ahead You can see it's like 49,000 100,000 You know The stock just got halted You can see like, you know, some of these stocks got bigger price levels So that's a reason why you got to be very careful when it comes to something like that but I got the historical data. It's already up there. It's coming up And got to go back a little bit further So when I look at it, I mean, I'm not really Seeing a lot of support resistance levels. So it kind of makes it a lot more difficult When you're trading a stock like this just give you a heads up So I would probably be very careful, but as a swing trader I mean you just broke through a major support levels. It's probably going to test It's going to probably come down to 43 That's your next major support levels right around there. So you could you could sell it now or you could wait until then That's the way I look at it. Uh, you bought at 35 puts yesterday when it when it was at 40 Okay Well, you should have sold those puts all right Any other stocks out there? Any other ones? I just want to bring some other stuff up here Now I just want to bring up another stock that we traded uh this morning, which was uh you UXIN Okay So UXIN Was a nice little moving stock. It gapped up really nice and went up to about 650 And just want to show you how I use the book map on this one But you could see how the stock didn't have any buyers From right around six dollars. You had this big seller of 94 000 shares at six bucks, which by the way, I always told you remember Don't sell it whole numbers Stock literally never got there however right just about less than 12 cents away came trending down If you notice down here, there was no buyers no buyers all the way up until five dollars And just literally came down beautifully. So this stock would have been a great short Now in the game plan is five dollars next support level. So from eight from five eighty eight all the way down to five bucks have been great But buyer got done Broke through that More buyers showed up here at four four seventy four sixty. They all got filled Okay, it all they hit him and it went right back down He tested next support levels hit the buyer over here for forty took them out Full went down now the next biggest buyer down here is right around here around four bucks You could see the volume bars started picking up a little bit And that's why it probably started trending up from four dollars and right now it's at four forty seven so And it kind of just took this seller out right here around the four forty. So that's probably a positive sign might be doing doing a A comeback but as a trader right between the four forty seven and the four dollars Remember all these orders that got executed in the past Are now out there people only share so these these supports and resistance levels could still exist Just because they're not out there now doesn't mean someone owns it So they do become support resistance levels But as a trader if I don't see him out there and I see it's trending up And I see it's starting to break through it You know, you could get a little bit of comeback. That's how I kind of do with something It's called bottom fishing, you know, see a stock go from six down the four. That's a pretty substantial drop That's a hell of a hell of a downtrend, but How do you know where you catch the bottom? by Seeing where those orders are Do you do futures? No, I don't do futures Bruce be the perfect guy to ask I know they got some great future traders that they do use it towards it I only use it towards stocks and we are going to be start marketing Because we do use it towards crypto currencies and we'll have a class on that too We'll have one with Bruce with you guys Coming up on the next cycle of the classes and we'll show you how we use the crypto But I only use it for stock trading and day trading Any other questions? When you see a price move into the high liquidity our Area, when are you entering? Well, first of all mr. I'm looking at the price action of the stock. Okay So I'm looking at the cob and I'm seeing The volume bars on the bottom since those orders get executed those guys start getting executed You know and start breaking through those big iceberg orders. I will buy back into the stock I might even average up if I own it Uh, can you see otc stocks? Yes, you can but certain ones not all of them, but you can Okay any other questions Listen regarding about all of what you brought up you you have to Understand that what is the biggest news out there? It's not about COVID anymore COVID stocks are finished. Okay cryptos news still out there. We have the blockchains like the riots like we traded yesterday uh but you know The big news you got to keep an eye on which we all know about is the reddit stocks The wall street bet stocks the amcs the ko ss is you know, uh, what was the other one I traded the other day That moved up there. There was the l the l o v Who's the l o v? l o v o something like that. I think it was It's a bunch of them out there Yeah, oh the c l o v that was the other one that we did well on on there's a I have my spin on it and I know we have some people that trade options, but I think someone found a way how to manipulate the option market towards the stock market by by getting these people with the short squeezes And I I do I do teach that in my class I do I will talk about it in my class if you guys want to come and join us. You're more than welcome to it, but Um and get the video on it When I'll give you guys a way how to register just send me an email But there's a way how you know options market someone found a way how to follow the option market and follow the shorts And it's making these stocks run Um to a little bit of a long process of telling you but it kind of all started when they got rid of the Naked shorts, so if you ever heard of when the naked short is Look that up and you'll see what I meant by that But there's great opportunities out there, but you've got to be careful I know some of you said you point out the amcs and the and the game stops I know a lot of people have them and I know they're doing great But remember you did not make anything until you sell it always remember that All right, so um, I want to finish up and let everybody know About how to kind of register and kind of see us use this stuff live in our markets Uh, just so you don't know I don't know if you guys know this, but we're endorsed by every brokerage firm in the industry Uh, we're featured on you know trade station metastock. Um, I've been on trawl swab nasdaq, um, actually There's a video that I did on uh that was on our website Nasdaq has me a regular guest. I call that platform the level three platform You're not using book map level four Uh nasdaq wants you to know how to trade the markets and want you to know how it works You got to see it on the exchange. Why not utilize it? So there's a reason why they have me on there because they know what I do and believe me I get scrutinized all the time. I love what I do. I know how to trade But you got to know how to play the game So I want to invite every single one of you to come to my cybergroup room Uh, this is like the original trading room that I started Uh, about 25 over 23 years ago I want you to come and see us use the book map platform I want you to see this box that we trade how we have a game plan how we get in and out of it Um, you know how our traders do well on it, you know It's uh, there's only two platforms we use the execution system and the book map platform. It's all we need so We have events that go on all day. We start around 7 30 in the morning We do a lot of pre-market trading. We do a live audio broadcast live on youtube and in our trading room at 9 am We start doing auto commentary right around 9 30 to about 10 30 We do a live Traders talk meeting workshop every tuesday at 11 o'clock. We have an afternoon meeting starts at 2 30 And audio commentary in the afternoon So no matter what part of the country you're from if you're watching this as a recording or if you're Basically, you hear live, you know, there's always an opportunity at any time of the day to come in. Listen I was off yesterday. I was at a wedding. I flew in yesterday from from north carolina I wake up in the morning. I'm in cash. I start fresh. I make what I make. I whatever it is Every day's a new a new day. I missed a lot of great winners yesterday, but listen there's always You're not going to lose your job Stock market's not going out of business. It'll always be there So this is what i'm kind of asking everybody regarding about promotion All we ask is to pay for an application fee of nine dollars to get into the room We do that because we don't know who you are where you came from or what your what your goal is We have a a questionnaire. We ask you Everybody here is going to have access to talk to an education advisor by paying the nine dollars You're going to have access to our book map Tutorials that we came up with There's a lot of content. We do that because like I said, we don't need to I don't need the nine dollars The nine dollars just tells us that you're a real person and we know exactly who you are And also what I end up doing is we do register. I will basically give you a free coaching class Because at the end of the day, I'm going to need to interview you because I'm looking for traders I could trade with I mean this is basically that comes down to it people always ask me You know where you make your money use the teaching or trading. I'm like I don't know. I can't answer everybody else, but you know what trading is a lot of work I got to pay my staff But I'm really looking for people I could train that I can make money with So if you feel like you're that person and you like the book map platform You see how we're using it. Here's your opportunity to jump in it And let me just tell you right now and I told bruce this just before we started We are heavily heavily heavily invested in book map We're going to start teaching it on thinkorswim We're going to start. I'm already in a process of working with tasty works to get it on their platform Um, I got I got this platform on trade station. Okay Wait, do you think they will start it? I did it because I have very big connections with them So here's your opportunity to be part of our our our crew And you're going to see it by us knowing how it works by me getting you VIP access into it The only people who get that are people a part of my team So if you want to be part of the team make the investment Let's see if it's for you and we'll go from there Uh, do you look at the dark pools allen? You can't look at dark pools on on book map dark pools You know, listen, um, I teach dark pools Uh, I was a dark pool trader when I was a broker But your biggest concern is the high frequency trades in the algorithms That's really what you should be concerned about. That's really where most of the volume is You're not going to see dark pools on a book map. You're going to see it on some You know, I'll give you a group breakdown to dark pools a dark pools when a broker trades does a swap with another trader in his company Um, and then they cross the trade and then and then you'll see the order later. I don't You know, I don't say I'm really going to change anything Someone's just trying to get a big order filled Everyone has a little spin on it, but you really want to know is where are these orders being placed? That's what you really want to learn. Um Regarding uh getting registered for that for everybody here All you have to do is I'll just go to my website And bring it up. I'll show you that video by the way abbreviation ctu dot co And uh, here's that video right here that you guys want to watch. Uh, I was on the nasdaq. I've been a regular guest there I talk about the nasdaq total view, but let me tell you when you watch this You're basically looking and you're seeing the um On the book map. You're seeing the cob. That's basically what that is so That's basically what book but but you're getting more data. There's just one book. That's only one ecn It's about several ecns, but if you want to sign up, um for the Trial it's down here at the bottom Here we go It's right here in the bottom and I'll just put that link for you guys here and you guys could just feel free to register for it There you go. All right. Any other questions before we go? Wow, it's already 11 o'clock time flies Any other questions fellow traders All right, so with that said listen, uh, bruce thanks for having me here. I love talking to your audience It's been great and I look forward to teaching all of you guys listen trading is a great job. You got a great platform It works great. You got to know how to utilize it and you know, we use it all the time. I'm not, you know, Listen, I love it. I swear by it. I really can't trade without it I'm not trying to you know, butter up book map and stuff But it is a good good platform. I've seen many of them out there, but you got to know how to use it properly It will save you thousands and it will make you hundreds of thousands So you just got to use it properly. Remember the people who we're competing against are the Freebies the people want everything for free. Okay, and you know what I know. There's nothing free in this world You tell me you could be rich working with free people. I don't think that's going to happen You get what you pay for so use it right Surround yourself that people use it right and then you can do this for the rest of your life and that's the main goal Thank you very much pal. I really appreciate it. Thank you. Thank you for the comments And uh, thanks Bruce for having me and look forward to seeing you all. Thanks everybody. Have a great day and be safe