 Good afternoon everyone and welcome. This is Melissa Armour with a stock swash. I'm here today to talk about GES This was a trade from last week a couple of days ago but the reason I wanted to bring it up is because I'm doing the entries class in the next week and in the room People were asking me why I put the stop where I put the stop for the GES So in the entries class I go over entries and also where to put the stops and The thing is that when you day trade you have to get the directional Bias right for the stock your trading got to get the right pick which is a symbol which in this case on this day Was GES and also you have to get the correct entry That's what determines the risk-to-reward that you're getting in the trade and obviously you want to get in a move That goes in your direction quickly and and this did now quickly. I mean within the first 30 minutes That's what I'm really looking for So GES I rated the gap it opened it rallied. I did not do this here. Okay. I did not short this in here I didn't do it. I didn't call it and Then it kind of collapsed so I wanted to find a way in so here's where I shorted it and then here's where I put the stop now it went right a ways Then it rallied Retested and held I think it held exactly within two cents it did the stop was 1365 the high of this tail is 1363 and then it dropped all the way down here It got 10 cents from the target target was $13. Okay on the day for this one of the targets It got within 10 cents of that in the morning move at 1004 This is still morning moves. Sometimes you get out a little bit before 10 a little bit after 10 This is close enough But the low of this bar here is guess what? 1361 this is very exact people and so I'm very good at looking at things to determine What resistance level will hold okay? What's the resistance level that the stock will hold? So when it opened and rallying and dropped and broke and rally back it held the least level of resistance for the stock To go on and break and fall which by the way it did so this was a really really good entry in here Okay, because it was 39 by 65 Which you know roughly sized it out for 25 cents, which is a small stop So wherever whatever you get out of it get out of it obviously every day I'm looking to get something to target some days you do some days you don't this did not get to the target I got within 10 cents of it, but the time of the day you time it you got to get out Anyways, this is the kind of thing that I teach in the entries class Which is an advanced class for people that either have taken my golden gap course or people that just want to learn entries That have not taken the golden gap class Anyways for more information on this if you'd like to do the class It's during the week you can email me at Melissa at the stocks wish calm The class is a half-day class that split up into two half days. It will be this Wednesday December 7th at 11 a.m. Eastern time and next Monday December 12th at 11 a.m. Eastern time So it will be split up It's a full day class I split up into two half days if you'd like more information how to register for this and learn more of the technique of what I do It is a good intro for the golden gap course if you're interested the cost is 1499 and I'm running a 30% off special if you want to sign up for the class in December Good way to start out the year learning how to do entries, right? My email is Melissa at the stocks wish calm. Thanks everyone. Have a great day