 Welcome. This is Melissa Arma with a Stock Swoosh and I just wanted to talk a little bit here about Risky money in the market and trading again. I've had the stock swoosh now for six years. So in that In that time I have talked to a lot of people. I have emailed and corresponding with a lot of people. I've met a lot of people And and I guess I I'll never stop being surprised at how many people Participate actively trading and risking money in the market whether it's in swing trading Investing or day trading who have absolutely no clue whatsoever what they're doing Some people really have no clue and trade some people think they have a clue But they really don't and trade some people have been training for a long time And have really convinced themselves as they know enough to make money trading But they don't because they're still losing and I guess I will I probably never never be Stop being surprised about how many people will trade the stock market and risk money and place trades and risk their own hard-earned money in the market Without knowing what to do And I I cannot stress to you how important it is To know how to trade Before you risk money in the market It's it's just extremely important. You're destined to lose if you don't know what to do You are destined to lose you will lose even some days that you make money You will give that back and you will end up giving more back and losses So over the course of days and weeks and months and years You will end up losing and giving back way more money to the market than you ever imagined possible if you have Absolutely no idea how to trade and the shame of it is that a lot of people are actively trading for years like longer than I'm alive And they have convinced themselves that they know how to trade even though They they're losing They may not be able to admit to themselves or they're losing They may not even care that they're losing because we're not willing to put any energy and money and time and effort Or pay for a class like mine, which I teach people will lose 10 times what the cost of my class is over the course of weeks and months or years trading And never take the time and energy and effort to learn what they could learn in my class in one weekend And I I just I'm just shocked At the more people that I talked to which of course the business has grown So I'm talking to more people now in 2018 than I did in 2017 And as the business grows and grows and grows and my exposure grows on television I realize and as I'm speaking to people people are just so willing and able to throw money into anything at all Without even knowing anything about it without even knowing why the trade might work or might not work Or why there was a good trade or a bad trade. They don't they just want to they're just people are just so desperate to make money that they don't even care But taking a class like mine they will think about for years And they will lose hundreds and hundreds of thousands of dollars trading the market And won't spend 5,500 for a class because they've convinced themselves. They know what to do even though they're losing I can tell you right now if you're losing money in the market, you do not know how to trade period end of story And so it's it's just really again goes back to me to common sense Do not risk your hard-earned money in the market if you do not know how to trade don't do it You are destined to failure and you will lose in the end Even if you make money today, you will lose it tomorrow the next day and give back way way more It is so important to take quality trades It is extremely important today. We did absolutely nothing nothing at all There was nothing that met the criteria. There were no good rated gaps. There was absolutely nothing to do And some days that's the case, but you have to understand why some days there's nothing to do Why some days there are good trades? Why some days there are no trades? Okay, no quality trades to take So it is about looking at a specific chart of the market and again I focus on technical analysis and gaps and that's how may I predict where stock is going to go or even the market But I use the system the system directs you Where to take the trades or when to take the trades or what stocks to trade and what direction without a system You're going willy-nilly throwing money into the market Aimlessly your hard-earned money that is you're just giving it away So when you lose money in the market, it's a it's a zero-sum game Because you're not creating anything even when you earn money when you make money in the market You're taking it away from someone else and part of the reason why people that make a lot of money in the market and why people that are successful Why there are people that are very successful in the market is that there's a lot of people that are losing That aimlessly take trades with no system with no knowledge without having any clue what to do And they are giving their money to people that do know what they know how to do Nothing's being created. So the smart people the savvy people The evolved people are taking money from the people who are idiotic enough to trade without any system And without any knowledge or without knowing what to do So if you're dumb enough to do that to trade the market without having to clue what to do Then it's almost like You're not using any common sense And yet I am ever amazed about how many people actually do that Now part of the problem is that a lot of people have taken classes in the past and they convince themselves They know all that they need to know and that there's nothing else to learn and that they know how to train But if people are losing and they've convinced themselves They know everything that i'm not sure how they can ever think that they're ever going to make money or be successful It's not a crap shoot It really is looking at the price action and analyzing it in a way to predict where it's going to go And if you can't do that you're not going to be successful It's not like waving a magic wand either. I don't make these gaps happen the gaps happen And then I rate them Like tonight there's there's one coming out tonight here. I know cost goes reporting. I'm going to watch it I have no idea what it does But after it gaps then it will be rateable And then it has to set up and then if it does you do it I don't know if it's going to be a long or short obviously it hasn't reported yet But the point is you need a system to trade do not risk money in the market if you don't know how to trade If you're losing you don't know how to trade So a lot of people say well, I'm not disciplined Well, I don't have good money management and you know what if you don't know how to trade Don't continue to trade You're just going to continue to lose and lose and lose and lose and lose and lose and frustrate yourself and lose your heart And money stop if you're losing money in the market stop trading Take a break Take a break and come out with a money to learn and take a class like mine and learn how to do it Give yourself a chance to succeed because if you continue trading and you know what to do You're going to continue losing So many people have no clue what they're doing and trade the market and I will I mean I'll never stop being shocked about that To me, it's common sense even when I started at the beginning. I understood that I had to Uh know what I was doing in order to win So if you'd like more information, I teach a class. It's called the golden gap course The class for october is this weekend. It's october 6 and 7 class tuition is 54 99 Which is well well worth it. So the price of the class will be going up the new websites rolling out Don't miss this opportunity to learn from me The class hours are 9 to 5 eastern time classes online. You can be anywhere in the world and take it Email me if you want to sign up And if you want to do the trends course 2 You can email me that class is october 22 class tuition is 59 99 for both of these together You save $500 think about what I said do not trade if you do not know what you're doing You will lose Be careful with your money Think and use common sense and have a good day everyone