 All right, folks, we are back here this Tuesday morning for another fantastic edition of our weekly workshop, Traders Talk, great to have all of our students and members alike inside our live trading room. We have Joanna, we have Grant, Rod, Abdul, we have Alan, Eric, Brad, Ravina, great to see, great to see Charles and Gary who killed it on Tesla earlier, as happy as I am for my friends here inside our live trading room. Got to tell you, I was a little jealous myself. Tesla flew this morning. So we'll have a chance to cover that at least and then otherwise, great to have all this back collectively on social media at CybertradingU on X Twitter, Facebook, YouTube, et cetera. So, hey, first and foremost, folks, actually, just let me get that QR code popping up top on the left-hand side of your screen there. Just make sure that you scan that QR code at the end of this workshop if you're interested in joining our live trading room. Get the full rendition of this workshop and all of the previous recordings that we've done. But we have a trade in front of us here that looks like it is a powder keg ready to explode. This thing looks like it's about a rip and run right away here, this ANGH. When I say right away, obviously, as you could see here on the chart, we've been following this for a little bit and it's not really right away. This thing has been more of a tease over the last hour, hour and a half than anything. So, you know, I just came off a coaching call with one of our students and we were looking at this for a nice move and we were patient enough to hold off on it. So I was very happy that it pulled back and like, oh, okay, well, no harm, no foul. But you know what? The more times that this test is this level in a shorter concentration, I'll even inch out the penny here, 251, because just before myself and my student Barbara, we saw a smaller little iceberg popping up out of nowhere at the price 251 on this trade for ANGH rather than 250 and just here is where we were thinking about it and it failed. So we'll make that price 251. If this could blast over 251 or the more times it nips at it, we should be getting a much more decisive move or reaction than just a mere few pennies going up. And even this, this is, you know, little move or a little mid-sized move, 20 cents. That's nothing big. You know, we're either gonna see this crap the bed and completely fall off or it's gonna blow the roof off this 251 resistance. It's basically at this point in the day for this trade because we saw it move up earlier and pre-market held it, came back down. And from there, hey, our whole motto at Cybertrading University is to follow the big money. So of course you wanna wait for the break above that level, but the key is like I said from the top, you wanna have this test this level and nip and naw at it in a shorter concentration in a shorter timeframe. So from this level test to like this one, there's like a hour and a half that went by. So that's way too much time to just assume it's gonna pop and run again. Oh, it's trending on up here. Well, and if it were to make a very unexpected blast over that level at that time, then I would expect resistance to become support. But obviously that didn't happen yet and we're still waiting on this to retest. So, you know, throughout this traders talk workshop, folks, hey, we're gonna check back in on this ANGH trade. There's some news that came out on this company. I think they received like a $50 million investment or payment of some sort from a private company there and led to a nice pop and drop at first. And with this moving on up during traders talk here at the beginning of it, I was hopeful to see a better pop. Again, we'll come back to this and kind of go through. Now, with that in mind though, we have done a really well across the morning, not just on this ANGH, but we've done well across the board. Like I said, a few of our students like Gary killed it on the Tesla stock. So let's jump to that actually next. And then from there, we'll go through a couple of different emails. Watch, here we go, maybe not so fast. Hold up, trying one more time here. Watch, the second I turn over to Tesla, this thing's gonna blow the roof off. So I don't wanna get stuck watching this the whole time, but actually as we're looking at this live right now, you may have seen it on level three. It just popped up on book map right now too. You had to look at the 93,000 share iceberg that just showed up here 244. So as far as like, now or never, come on, let's see it. Oh man, if this breaks under this support level then I would say more likely than not game over, but this just popped up right now. And you don't even need book map to see this. This is, I believe, right on the NASDAQ here. It's on my matrix, it's on level three. So with that, let's see what happens. Could this pop? All right, so again, on top of this and on top of Tesla that I wanna jump to, for anyone that's new here for Trader's Talk, this is a weekly workshop that we do every Tuesday morning. We have a good chance to break down trades just like these, but more so questions that were sent in from Trader's from earlier, from like overnight from yesterday. I see, I believe I have one from Hamza here, from David S, from David W, from Allen. I'll take a look at that just a moment too, from Allen. Got one from Gary, but he was just telling me, yep, back in on Tesla there, it was from 1030 in the morning. Gary wrote me, so there you go, man, good catch. And I'm gonna read Gary's email there at the end too. But yeah, for right now, we'll just keep an eye on this for another minute, I reckon. Don't want the whole workshop to go by without this popping, right? But when you have a 96,000, 97,000 share order, just popping out of nowhere like that, you gotta keep an eye on this, follow the big money, right? All right, I'll tell you, hey, really quick, for all of us collectively, if you're new to our social media channels here at CybertradingU, or if you're an enrolled student or member of Cybertroup already, I've mentioned this already, but yesterday, actually, I was on BookMap's YouTube channel. They do weekly webinars, daily webinars of that, but a long list of presenters, Fausto normally is on their end each and every month and Fausto is away this week, so he gave me the keys to the castle there and I did a nice webinar, very similar to this, with Bruce Pringle and the fine folks over at BookMap. So definitely take a look at that too. You can just go on YouTube, look up BookMap on their channel, it's like one of the last videos from yesterday, but very similar situation actually where I was discussing a different trade. I took it off here, the CDIO, and out of nowhere, an iceberg order just popped up on the buy side and it's like, okay, well, hey, it's almost like they're listening to me here. So give this another like 30 seconds to a minute. If it smashes below this order and actually breaks this support, then obviously we'll just move on, but I wanted to see a lot more, a lot more exciting of a move than just this. So we'll come back, I reckon. Keep an eye on this though. So I didn't wanna talk about Tesla before that iceberg showed up. Obviously Tesla, speaking of a powder keg, this thing broke out once again here today. It broke out last week to fill a gap on the daily chart right there. So it ended up making another big move up this morning. It goes to show you folks, like A, and Fausto will obviously tell you this himself and myself included here right now, but we're not perfect. We're not catching every trade at the bottom, selling every trade at the top. And I know that everyone here knows that inside our room, but let's take this step further. I'm not catching every trade at the right time where I should be. I'm not lining up every stock that I'm semi-interested in. You know what I mean? So this morning, myself, I was more inclined to follow Spy at the minutes meeting here later on. It's a little wishy-washy market, but I was following Spy. I was following AMD. I didn't get the bounce I wanted there, but it's just Tesla. That was my third stock or third ticker that I was like considering. And I decided not to line it up. I said, ah, this might be too much work. Like, I like the two that I'm working off right now, this being in pre-market. Then add a nowhere as soon as the market opens up, this thing flew. So I want to go over this, how could we anticipate not just the pop-up, but where were the better levels on this trade? Where were the better levels to work off of? Because really going into the market open from 830 to 930 or from 8 to 930, trend of this stock is down, right? So at that, you should be anticipating a little bit more selling pressure perhaps. Let's take a look on book map here. We'll open up the heat map now. Okay, so for something this expensive, you can't just say dollar levels. That's kind of silly because you say that for a $20 stock, not a $240 stock. I would look to say every $5, if anything, to be a level, every $10 is even going to be that much more of a price on top, but you could say something like, oh, 235 could be a potential level to work with once the market opens, 240, 245, right? Those are assumed levels for Tesla. But here though, you do have legitimate sell orders here at these prices, 240, 242, 245, 246, and 250. So it's not every dollar and every $5, you could definitely assume you could, but specifically outside of the $5 incrementals, we have 240, 242, 245, we said, 246, and then 250. So we're not gonna plot every one of those, but I just wanna write them down, okay? So outside of that, there was a lot of volume filled here. Look at the CVP column. This is pretty much around the price, 236 and change, 236 and we'll say like 73 cents if you wanna round up to where the green is there, 236.80. And then lastly, the only other level that you would look to plot if you're following Tesla and this you only plot once the market does open, but it's the opening bell print. And conveniently enough, this is literally just at 235 the level. So it makes it that much simpler for us at least there. So we know it popped, we know it moved up, but how could you use the levels that we just spoke about to your advantage? You know, was there a key level that we could have used for an entry? You know, within the first five minutes, you don't really wanna just jump into something. So it's easy to tell you it popped here. If I did have my level set here, I probably wouldn't be taking this trade to just be very straightforward with you as much as I would wanna tell you, yeah, I would take it. Like it's still 933. You know, if we teach you in class the cyber clock, normally you wait till 935, maybe a minute or so after that, jump into something shortly from that point. So right here would have been a clean entry level, but it's still too early in terms of time for me. If it were to pull back there afterwards, that would have been, you know, a nice support test. We have the 23680 level that we said, that's from the CVP column from book map, basically right there. Well, you know, it breaks above that price, literally at 935, mind you. This is such a sharp pop though, that the same thing is kind of said there as it was at 235. This is just on a rocket ship, no pun intended deal with Elon, but you know, just took such a nice pop where on a pullback, that would be good support. Okay, like the more it pops from there on a pullback, that would be really good of a support level, right? Doesn't do that in hindsight. So what gives? Where can we find our real level to work off of? The next level I had set was not until 240. So are we gonna let it ride all the way up to 240 before we think about jumping in? Well, again, the same rules apply where if it breaks over it really nicely and pulls back, the first test of that level could be the best test, but to be transparent with you, in my eye, I thought this moved up so much without even giving me a single pullback at first where I said, you know what, let's just kind of wait at 240. I didn't take the straight whatsoever today. Gary was milking this for all it's worth for me, but you know, I didn't take this even at 240. I wish I could tell you, I jumped in eventually. Honestly, I'm happy I avoided 240 because this was very chippy around there. I think it was around, if I'm not mistaken, the VWAP price too. Maybe that was later on. Yeah, that was later on, okay. That was later on when it came back down to 240, but you know, right here at first, first test being the best test, that could be worth something. But I just thought that it popped so much without giving us really any inkling of a pullback that I wanted to wait here. And what happened was it dropped a little bit and at a deeper shake, I said, okay, well, let's get more. I was thinking that it would pull down closer towards where we had a little structure here around 237 and change, maybe like this little bump from CVP, VWAP kind of lining up right there too around this timeframe here. It just ended up bouncing back up, made higher lows and I'm thinking here, well, maybe there's a chance the more it kind of holds into this without breaking lower from it. It could go, obviously it does, but again, I didn't have like Uber confidence to take that trade right there. I wanted more of the VWAP and more of a deeper pull. So, you know, one thing that you could say here is that certainly your next level, 242, we had it from pre-market actually, that iceberg early in the morning, looks like it only got larger, 62,000 shares roughly there. The first test of this level, if we didn't get as deep of a pullback down anyway, hey, I'm not too interested at this stage, but this is where I could tell you, much like what we thought we had at 240 here, the more times that it tests this level in a shorter concentration, in a shorter timeframe, like our friend, A-N-G-H, you know, there's a case to see this to try and make that better reactionary pop, right? So, it took a few stabs at 242 and it kept going. It got the job done one more time, like, you know, broke over and under, okay, that's the first test, that's normal. You would probably expect for it to tank if it hasn't already, but it kept holding. And then one more test of it, just the next test, it's really just within a few minutes at that, couple of minutes at that, it led to the breakout higher, right? So, in short, that re-test in a shorter concentration is what I look for if I'm looking for continuation. I was just more hands off here though, and the spy wasn't really going much of anywhere at the time, it was very rugged, flat, you know, dropped off afterwards here, but with Tesla I thought eventually it would kind of come back down to planet Earth, but it took a little bit longer for that to happen, and even here at the VWAP, this would have been a really interesting test right here as support. You got the job done over time, but it still took a few minutes, and now we're kind of heading into sideways time of the day where things typically go flat or reverse and full. You know, a lot of times we'll tend to see the spy look to pull back a little bit, so not only that, we've got the Fed minutes meeting at two o'clock, so we'll see what comes later on this afternoon and see whatever they say. I don't think it's Powell speaking as much for this one, it might be the other Fed speakers out there, I think they have the minutes meeting as they call it. All right, so that's basically Tesla, unfortunately it didn't really make as deep of a pullback as we wanted it to. You know what, actually if I wanna poke at this for a second, just gonna play around, I might be incorrect with this, we'll just say. I have no idea, I'll find out. Obviously we had a gap fill on the daily chart, but if we're looking back from the last few days of the last few days on the daily chart, let's see, I just wanna see, is there any larger volume days that stood out? Like for instance, I mean we have a sharper closing spike here on the 14th, it's above that price right now live as we're talking, but it wasn't by the time the market opened up earlier, that was on the 14th, that was from Tuesday last week, kind of a random weekday, nothing really too special about that exact weekday, Tuesday the 14th, but it looks like you had a sharper closing bell spike a little bit larger than the others, so I just wanna take a look, what price was that at? Just wanna poke at that there. That was coming off the CPI report, right? So perhaps there could have been a larger print there for that reason, but that was at 237.41 cents, the price 237.41 cents. So let me just plot that there, I'll bring this back to a one minute chart. Was that a level that you could have worked off of? Obviously this kept pushing up throughout the morning, but it still didn't pull back that deep, I mean it came close here in this consolidation, broke over it, for as big of a print as you had there, perhaps that could be supported, still didn't even nip it, didn't even come as close to it as you'd wanted to, hovered above it, but if you're looking for that under and over, just kind of glides up, wow, it goes to show how strong Tesla really was today though, that's for certain. All right, so we covered at least the ANGH, let's go back to that, did it pop? It didn't, all right, so we didn't miss out too much of their live right now, at least looks like more of a rounded top here, so just turn back to that for the time being there, the ANGH because if it does make that move back up as I'm going through emails from students, then we'll definitely at least do an intermission, cut through, all right, so email time, for grant new hooded Jeff, all of our students, we always encourage you to send over any trades, any journals and email questions alike, right to josh at ctutrading.com, that's my email address, for anyone that's new to CTU or new to our streams entirely, then feel more than free to do the same, clear out a couple bogus emails in between. All right, so first question here, this was sent from yesterday afternoon actually, so this was from Hamza here, and he was asking, I signed up for the one week trial and I'm taking the course on learning the book viewer, NASDAQ book viewer, so level three, just as a quick heads up before I continue, that is the program essentially on the right side of my screen here on my platform, that essentially is what you can consider equal to the NASDAQ book viewer, so I'm gonna show this to you in just a moment here, Hamza and all of our new members here, so Hamza is referring to the NASDAQ book viewer program, this right here, and this shows you every buy and sell order that's out there at the current time for the NASDAQ, for any orders that are being routed across the NASDAQ ECN alike, you'll be able to see it pop up on this program, so if you don't have level three integrated into your platform, if you don't have book map, AKA level four, this really is your go-to, so Hamza was saying, you notice that the datastore.NASDAQ website, he signs any launches book viewer and signs out automatically after a few minutes, then book viewer also stops working, I also wanna know what I have to do so that it keeps working all throughout the day, it times out, I know it times out after like maybe an hour or so, if you check here just on your own, go through like click the help tab right there, you'll be able to see a little pop up just for the NASDAQ site, there's also right here book viewer facts, a little PDF that's on the datastore.NASDAQ website, so it'll give you all the deets with all the stuff going on with book viewer, but actually since you had asked just that, I mean I do wanna at least bring this up to show, a little demonstration of book viewer, why not? So this is the NASDAQ book viewer comparative to the trade station matrix here, one benefit of book viewer is that it has a lot more depth, you could actually go through like 120 different price levels here and see. Don't need to go that far out though really because not every stock is gonna make that big of a move to be transparent, so looking at where we have iceberg orders that are closest to where this stock is trading at, well right now there isn't really too big of an iceberg in general out there, there's at $2.13 here about 11,000 shares, that could be support, but looking at the size of a lot of these other orders out there, if there's something that is that much more significant compared to the rest of the field, that right there is something more compelling to make. If there is something that had a really large amount of orders in total at the price, instead of 20 here total orders at $2.50, even if this said 50, something that stands out that much to me, makes it a little bit easier on the eyes for me to call that support resistance. So you could detect icebergs and support resistance, not just from the shares column here, but the orders column tip, the orders column. Let's go through just a random stock right now, completely random, I have not Tesla, not A&GH, let's go AEO, I have this on my notepad, so not so random I reckon, but I didn't trade this today. It was on our morning list, AEO, doesn't really seem like it's shown a big iceberg right now. Yeah, this trade honestly, just I'm skimming it here, but very quickly I could just hint to you, there's nothing here that I would find respectable as a level, nothing. There's nothing, nothing, not at all. So with that said, all right, it's trending down a little bit off the last peak, is it possible it can make another drop? You know, it came off bad news this morning, so yeah, it's possible, right? It's anything's possible, right? Sky could be rainbow colored later on today, right? Who knows, just it's to say that without there being a significant iceberg level, I wouldn't really feel too keen to just jump in to jump in. That's all. Back to our friend A&GH just to check, haven't seen much going on on this lately, so that's all right. So again, Hamza, just with that, just go right back to the book viewer website, there's actually a little link on the book viewer website right there, I'll show it here for you. I don't think I showed it here, but book viewer facts right here, click that, and then book viewer user guide, it'll give you all the information that's preset for this. So it times out, it definitely does. For me, I thought it was like maybe every 30 minutes if it goes inactive or every one hour if it goes inactive. It's not just every few minutes, at least from my experience, if it is for you, then maybe it's a setting, but it definitely times out, but it probably got 30 minutes an hour, so it does. All right, might be wondering why I'm wearing a hat today. I forgot to get pomade when I went food shopping yesterday, so I'm looking like a golfer today, but otherwise, let's see what other questions we got right now. We got from David S, here we go. So David joins, he's going through the bronze classes. So David, perhaps being a cyber group, annual member has access to the phase one stock course, joining us actually really quick folks coming up next week. We got the phase one and two classes resuming once again. So if you're David or any of our new students joining us, definitely be on the lookout for that. I look forward to resuming the phase one classes again. We're gonna dig a lot further into volume and the meat and potatoes of really following order flow alike. So David going through classes and conveniently enough, watching the time and sales class from this past July, that's actually one of the classes I'll be doing next week. The question that keeps coming up in his mind is he's seen in traders talk and the class is how he should always, he should always have quite a small stop set. Let's say the level is 1850 and he gets in like around 1853. Well, he's basically what he's saying that I'm saying, which is true, not to really set too big of a stop. And the example David is referencing is like if he gets in at 1853, the price, a few pennies above 1850, they'll set a stop a few pennies under 1850. Let's say, you know, it doesn't go below 1847, right? Makes sense. That's exactly how I abstractly teach it, right? You wanna set tight stops, especially under your level. But when the stock approaches the level, it fluctuates above and below that range since you never know which nip will be the one to take off, I would just get stopped out if I, oh, so David, you're talking about, my friend, you're talking about not setting a stop to protect you, you're talking about setting a stop to enter. Is that what I'm hearing? Because I can go over that a little bit further here, more on a coaching call likely and more phase two probably there even. But what David is saying is, since you never know which little nip or break above the level is the one that will allow it to take off, a lot of times he would just get stopped out if he enters after the first few breaks and it's just not the right time, even if he thought it was significant there. David, my friends, this happens to the best of us, let me tell you. It's true, we can never be perfect or 100% with trading. If anyone says that they can be, they are lying to you. And I'm just telling you this straight up because I follow a bunch of people on Twitter and social media, like I'm talking guys that allegedly make like 50K a day, 100K a day, whatever smoke they're blowing, if you wanna believe it, believe it. But at least for those traders that I do see, they show full transparency where they take a loss because they took a false breakout and the stock pulled back, they had to cut ties with it pretty shortly afterwards. So a lot of times that will work out in your favor. And with saying that, if you're trading the stock, if you're even doing options, even more so if you're doing options because the leverage on it essentially, the volatility. A, as long as you're not putting all of your money in one position, certainly you can try and take another position shortly after you get stocked out the first time. So for me at least, when I look to take a trade, a large part of my confidence is based on timing of the day. So let's say Tesla, okay, when it popped at first, it was right time of the day, it was right within the first few minutes, first 15 minutes of the morning. But it moved up so damn much that you become a little bit leery of trying to take that trade, right? So you'd wanna pull back. Obviously this didn't pull back to where I thought it would, it kept going up more and more. All right, well, if you are going to take a trade on the stock, which I didn't, but if someone is going to take a trade on this type of stock, you wanna work off a rebreak, right? And that's what David already knows from class. He knows because he wrote it to me that way. But that's where I could just simply tell you here, David, we're like, 242. This was a clear level that we wrote down. I wrote this down as a level from pre-market. We run over 242. Our next pre-market level would not be until 245. So in theory, if we have a situation where we could anticipate a pop on Tesla here and it has the chance to make a three-point move, sounds good to me. Now that's where I could tell you, it broke under this price as support, right? Now I could just tell from David's dialogue, I could tell he knows the answer to the question I'm gonna ask. I want all of us to answer it though. When it breaks below, support here at 242, and it drops, and it takes about an hour, a little bit longer than that for it to move back up. Support should initially become what? There we go, right out the gate, Ryan, Rod, Mark, Charles, Sam, Allen, all saying resistance, absolutely. So it became resistance here, first test, best test, and basically this line held as resistance. Well, trend is up, and you know what? The more times that it nips and naws at it from this point forward in a shorter timeframe, we should be getting that more decisive reactionary move. That's my thought about this. So the first test here, I absolutely 100% would not be taken. The second test, a large part of that is based personally and I hate using words like these because it's ambiguous, but a large part of it is based on feel, where you know what? If a stock rips and runs without you, you're losing the opportunity to make money, you're not losing money that's already in your account. You know what I mean? Right? So how often do we see stocks like this just continue to make such a pretty run up right away? Not too often. Normally around 11, 15, 11, 30, 12 o'clock going forward, we typically see more shakes and pullbacks, false breakouts, lack of momentum. So that alone allows me to be more hesitant even on like the next test here. Now, obviously the more it nips and naws in a shorter timeframe, I grow more and more confident. So that's where I will tell you here. Okay, let's just say if I jump in, let's say if I set a stop over 242 and let's say I set a stop order to buy this stock over 242, so it pops above it. And let's say it fills you right away, you gotta make sure you set a pretty tight stop here, I feel. Because hey, this was a significant price from pre-market. Our next support is not until 240. So if it snaps below this level here, it's not a guarantee it gets to 240, mind you, but I don't wanna be held liable for a potential reversal. No guarantee it's gonna look to continue right here, right now, might take three hours for that to happen. I don't wanna be pulling my hair out for three hours. So if I do decide to jump in on this trade, I think how David had mentioned it was using a stop order to actually buy the stock. You could do that, but you gotta be prepared and have the level there for the taking. I don't always have time to set a stop to enter a stock to jump in because it might be too fast and I might just turn to it right when it's making the pop. I'll just use a regular old limit order. Let's just say right here, if you were to take this trade, if this is such a big level from pre-market, then we should be seeing a pretty good reaction off of it then, right? We saw a dollar or so move up earlier. This is a clean hold of resistance. This is a head fake where it didn't go anywhere at the time. So the more times that it's nipping that level, you should be getting that reaction. Whether it's a complete head fake and it tanks after or with trend, you're assuming obviously for that better move to be upward. So that's where I was saying, okay, trend at the time here is up. That helps, helps the cause. So at least you can anticipate a potential better move here coming up. Now the thing that's in its way here before getting to 245 is you have a new order that showed up at 243, about 75,000. We're not gonna be perfect here with figuring out the exact high of the day on the stock folks. If the market pops coming up here, then rising tide could lift all boats. But otherwise here, 243 definitely needs to get tested soon. Because if 242 is such a big level, then let's see it make that better run up there. Even if it gets to 243 and then drops, at least that's somewhat of a start. If it just kinda crawls up here for about 30, 40 cents and then drops, that's to me just like another false breakout. That's like a red flag. So where I tell you about setting stop losses to like protect you, you gotta make sure this holds above 242 for me here. If anything, maybe if you wanna base like off previous little dip points, maybe you can go as low as 241.75 or 241.85 here is a little dip point there to hold this little support. But this is a good example. I mean, hey, first test, best test right here as resistance, the more times it nips and naws at it in a shorter timeframe, you'd like to think that you can have potentially a much better move ahead. What's the closing print from the 15th year? No, it's a random weekday there, Wednesday, 242.84. Okay, so you know what? Yeah, there's gonna be a little turbulence here coming up and we hope that we could break right over this turbulence here, but it looks like the close price back from Wednesday last week, that's the highest close price from last week in full. That was a little bit under 243 and then you got the iceberg order that's there right now on the heat map. So it definitely needs to make a sharper move up there sooner than later. And it definitely has potential to do it. It's doing it in front of our eyes right now but sooner is always better than later. You don't wanna have your foot taken off the gas pedal. We made the little dad joke earlier when I did the morning meeting, but the difference between a stock and a car is that when you take your foot off the gas pedal when you're actually driving, car just coasts and then eventually stops and you take your foot off the gas pedal for a stock for an equity, it puts its foot on the gas pedal for you, shifts into reverse and all of a sudden you're going 60, 70 miles per hour the other way. So let's see this try and go, but even here we gotta see it break over this resistance sooner than later. Nice move. Nice move. Let's go back to our friend, A-N-G-H, did this pop? Nope. All right, that's good. Happy to miss that. All right, let's keep it moving. David asked if you have any follow up questions with that, at least if I didn't answer that question in full, please let me know. David asked to David W who, I don't check these emails actually before I begin here, so folks, so David W saying, thank you, Josh. I don't have any questions at this time. All right, keep moving. All right, I always get that every now and then. So this one is from Alan. So maybe not as much a question perhaps here, I'm just gonna read it out loud. So just learning a lot from phase two in the student portal to prepare for successful trading. I love to hear that. You know, I have the chance to speak to a lot or all of our new gold students as they enroll. You know, we always set you up with a quick phone call with myself initially, you're like five, 10 minute phone call and I hear from so many new students that join us and it's no rat race folks. It's no race, you're only competing against yourself but for like a student, let's say that joins on Friday, I would call them today and introduce myself. I did tell them, yeah, I'm on to phase two already. Like holy smokes, for our students to put in the effort to go through the recordings and all the classes, I really appreciate that. So thank you very much for students like David S, David W, Alan, Alan going through phase two. Okay, so yep, we got a couple of questions here. There we go. Is there a rule of thumb on how close, on how close you set your stock when trading long or trading short? There we go. So nice segue, that's for sure. So we covered it here on Tesla to a great level, to a great degree, right? Getting a bit of a pullback here, a bit of a dip here in the market right now, it looks like you wanna set a pretty tight stop, price dependent. So for a more expensive stock, you're gonna give yourself a little bit more slack for something less expensive, you're not gonna give yourself nearly as much slack. Got a stock popping right now and this stock I was actually gonna go over, Turing traders talk here, CDIO, this thing actually moved for us yesterday and out of nowhere, just now, about 12 minutes ago, 15 minutes ago, just popped once again. So let's actually cover this here briefly as an example. Point being, you wanna set a pretty tight stop because when a stock breaks through a big level, again, I don't mean to sound like one of those wind-up dolls you pull from the back, but when a stock breaks through a big level, we should be getting a much more reactive move. So here, although this broke out so nicely, this could have been a potential head fake. So where it breaks over the level 150, rather, it re-breaks over the level 150 because it was trying earlier and had a few headfakes. So that's where you even furthermore wanna say, you do wanna set a tight stop. Right here, let's say if it breaks above 150, you jump in at 152. I'd much rather get out at 148 here and really not have to worry and pull my hair and think about it. There could be other stocks making a better move here at the time. So I know it could be frustrating for new traders alike or traders that are new to Cybertrading University because if you're new to day trading, you might not be as accustomed to setting such a tight stop, but for the stocks we're trading at the times that we're trading them, we're trading them during high volatility. So the way that we teach it is if that's such a big level and we're risking the money to jump in and actually buy it, then much like Fausto calls it the 32nd rule, you gotta see this thing pop. You gotta see it rip and ride and really continue to go. Worst case scenario for me on a break like this is you'd wanna see it hold over 150 just flawless. If it just kind of doesn't make that move at first, but just holds over 150 perfectly, that's not my cup of tea. Literally, as I'm sipping black tea actually out of this mug, it is not my cup of tea where you wanna get that larger move sooner than later. So if it holds the level and then runs, I'll take it. This thing popped pretty nicely at first. It shook once or twice, but this didn't come down to 150, it eventually grinded on up. I wouldn't really call that flattening out as supportive much and trying to make the switch from unhealthy energy drinks to black tea, much cheaper and unhealthier too. All right, so Alan actually had a second question actually here on top, so my apologies. I think he had a second question here. He says those would be a couple of practices you can go over in your Traders Talk workshop today. So I think it was just in general Alan was asking just in general with going long and with going short. It's the same concept, just inverse. Like if I'm going short on a stock and it breaks under a big level, I'm expecting a much steeper drop like AMD today. Direction down, going into the market open and with that, it won't dropped off at first, support became resistance, it pulled back and it broke back under big support here at 120. So much like we were saying with a more expensive stock, something like AMD, I'm not as, I don't even like using dollar levels for AMD. I mean, I will if I see a reason to, but like every five, 115, 120. So here 120, definitely a big level for me and right away on the first minute, it snapped under it, big volume got filled. All right, the more times it nips and does here and breaks under it, we should get a much better move than just a few pennies here, like 20 cents or 30 cents this is for a $120 stock, this thing should be making a dollar or two move at least. So it's easy to say this tanked afterwards and made the move down, but when it re-breaks below this 120, you're not trying to set a stop like up top here. There is zero need to set a stop that wide in my opinion there. At that point with it already testing that level and it's breaking it again, I could use a catch, I could use a phrase here, not one of my catchphrases. I could use a phrase here, but it's rather blunt and not really meant for all ears here. It's just to say, let's see this make this move going down or otherwise it's gonna make another poppin and then break out higher and just there's no need to hold onto that. All right, Alan says I'm still in the process of setting up my monitor and laptop and getting a platform interactive brokers, he says and book map that is. Yeah, interactive brokers a great platform to use and you have a bunch of students in Canada that don't have access to trade station here or they don't have access to the actual thinker swim and interactive brokers is such a good platform, not just for anyone up North, but anyone alike if it's a great international platform. All right, so I had a question, I think from Abdul on the chat board here, just wanna cut in between going from top to bottom here really quick. So Abdul asking his book viewer part of book map. Nope, book viewer is right from the NASDAQ website. So I go over that in the phase one course where this is like the bare minimum version of level three. Like the matrix here, I already have integrated into my platform. So I use that because it's just easy. I have book map which is level four and if I have book map here then there really isn't much of a need in general for book viewer here. So for those that aren't using book map and if they don't have level three integrated in their platform then this is a must. Then this is your, you absolutely need this then. But again, if you have level four book map or if you have like trade station or interactive brokers interactive brokers platform has the book trader program which is like the matrix basically. It's integrated in their platform. So that right there is a go to. Marx says if you just hit go every 15 minutes or so on book viewer, book viewer does not time out. Well, that's more of a manual thing though, right? So I think Hamza, one of our members asking earlier is like why can't it just be left open like your platform is running over like overnight or into the morning. So I understand. If you step away from your desk for like an hour or two and you still want to have it up kind of a pain in the ass to go back to NASDAQ website try and go back, load it up again. Maybe the settings here readjust you have to try and reformat all the column selection. That could take time from trying to jump into a trade. Honestly, so I understand Hamza's question there. Yeah, I think it's like 30 minutes or so and times out or so. All right, so folks current time is 1150. Let me just double check your across the board right now to see if there's any questions alike on YouTube, Twitter, X alike. Let me check my spam folder right now. I said I was going to do that. Sometimes you got one or two that somehow lands in there. Not today, that's good. All right, last one from Gary. He said this was not a question. No, he says just letting you know I'm back in now and continuing the training while he was away he did make some good long-term trades. Spaya 414, ooh, nice. And Gary had some long-term Tesla calls March 15th expiration. So definitely doing good there. Yeah, pretty nice Gary. Now, to at least add on top of that Gary and I'd made mention of this week after week now at this point really beginning from like probably late August. And I was wrong with it at first. I'm not sitting here telling you I called the bottom. I'm definitely expecting a meltup in the market though. And we started to see it the last week and a half, two weeks. If you think that that's the end of it I believe that there's a lot more from where that came from. So if you are more bullish you don't need to be bullish. I'm not forcing anyone's hand-mine to you. I'm just telling you my own thoughts but myself, since I am bullish I'm gonna be looking for some more dip opportunities or breakout opportunities day to day. Not always gonna be there at the right time or the right day to take the perfect move. So that's where you gotta set tight stops. Now you're not always gonna get the right day or the right breakout. Abdul is saying I bookmarked through Bruce and CTU so I could have more than two trades to like. I'm not sure what you mean there Abdul but I have more than two trades selected. I just know that if you're saying if you have bookmarked then you're definitely set. If you have bookmarked here just like I have then you're good. You're good to go. All right so actually the CDIO. I was gonna go over this a little bit further. This was the one that broke out from $1.50 I believe from yesterday. It popped in the afternoon pretty nice. Looks like we had a ton of buying here at $2.00. Green so you know actually pulled back this morning there. This is a little bit of a 50-50 here and not too much of a surprise here for myself that it pulled back and it tanked. It broke below the opening print also green. It broke below two where we had a lot of green buying from yesterday. And it tanks. I 1000% would expect support to turn into resistance here. So when this moved up and it broke over the VWOP we weren't watching the stock at this very time right here but I would not have expected as clean of a breakout here at this time. So I would have expected a lot more of a fight at $2.00 or at least for it to pull back and like Tesla I see it pull back and try and become support. Well now at this stage let's just try and even see where the next level is. Not a whole lot in between the two level and $2.50. A lot of volume accruing here at $2.30ish. So the more times it can nip and naw at $2.30 there's a chance for it to pop but I'd still be a little reluctant here heading into like that garbage lunchtime of the day and such a quick pop though that this thing had. Yeah there isn't anything here that I could really use. There is nothing here to my advantage that I could really use. $2.20 maybe a potential volume level but right now $2.30 is looking more like that price here. So right now there isn't a whole lot that would lead me to say is it gonna make the move up to $2.50 definitely right now or is it gonna make a lower high and pull back down to $2.00 first. We'll figure that out soon enough but I'd say $2.30 is starting to become a price level here that you gotta keep your eyes on. All right so folks say we're gonna finish up perhaps a tad early here today but not too surprising we got Thanksgiving obviously in a couple of days here in the United States allow me to wish everybody in their family a very happy Thanksgiving going into Thursday of course and if you don't celebrate if you're not in the US don't celebrate have a nice day off at least at that. We got the market on a half day on Friday so we'll be open C2 here will be open in the morning I believe that I'll be doing the morning meeting as usual and we might do an afternoon meeting very like a quick small afternoon meeting with Richard like 12 o'clock markets will close Friday half day at 1 p.m. eastern time so just be in the know with that make sure that you're at all positions there before the weekends you don't wanna turn a day trade randomly into a swing especially coming off a holiday week. For all of us here otherwise on Facebook live LinkedIn, X, YouTube, et cetera all of our social media platforms at CybertradingU make sure that you're subscribed and followed there on top but any questions that you got for myself here just following up from this workshop feel free to shoot me a quick email Josh at C2Trading.com that's my email address right there and again just at CybertradingU use our social media stream and platform just make sure to follow us collectively. All right so from Margaret Lawrence, Grant Abdul and Alan Sam, Charles Rod and all of us here collectively I'll be on the horn back at 2.30 for the afternoon meeting and we'll go from there. All right folks see if there's any other stocks that can make a better move at that time. Oh last reminder we got the Fed Minutes Meeting ending at 2 p.m. So it should be kind of a choppy market up until 2 p.m. Who knows what's gonna be said during that meeting and which way the markets will break and hey going into our afternoon meeting at 2.30 we'll be reacting off of that at least so it could be a nice little afternoon to work with coming off that minutes meeting. All right folks oh and then yeah NVIDIA earnings after the bell so I would have mentioned that at 2.30 anyway but again from our friend Damon here in the chat reminding us NVIDIA earnings after the bell today so that's after closed but we'll definitely make another reminder of that later on. All right folks I'll talk to you all later on take care.