 everyone and welcome. This is Melissa Armo with a Stock Swoosh and I'm reviewing some Q&A here because I get a lot of the same questions about the Golden Gap course and I thought I would just answer them in one shot for people here. Although you can email me or call me if you have further questions about the Golden Gap course. If you'd like more information you can email me at Melissa at thestockswoosh.com or you can call me at 929-3200 Gap. You can follow me on Twitter, Facebook, YouTube or Skype. So this is A.K.M. a bullish gap. So the stock closed here gap down. I mean I'm sorry gap up. Closed the night before down around 62 then gap up here over 69 it opened, rallied over 70, flew to the dream target which was up past 72 and up to 73. So a very bullish move. It's rare that we would look at bullish moves in the trading room. Usually go to the short side first but this was one today that clearly stood out to me. Took a little while to get going and really went to the dream target. So people always ask me different kinds of questions about the class. I've had people that are brand new. Take the Golden Gap course. I've had people have been trading for longer than I'm alive. Take the Golden Gap course. I'm an expert in gaps so that is what you would learn from me. But to some people have said to me what if I'm a beginner and I've never traded before? That's okay. You will learn from the basics with me. We do spend a short time in the morning on day one reviewing candlesticks and how I set up my charts. So if you're a beginner that's okay. That's actually a benefit because you don't have any bad habits. People who have been trading a long time usually have bad habits are doing wrong things and they're trading or looking at gaps incorrectly which they have to unlearn with me. So if you're a beginner it's okay. If you're not a beginner that's fine but there's really no benefit to have traded for umpteen years before you meet me because the fact is that you're going to learn what I know which is very specific to the Golden Gap which I created. So even if you traded gaps before you don't know what I know and so it's really not going to give you a leg up. So whether you've been training forever or whether you are a beginner it really doesn't matter. You're going to learn my system from the beginning and you're going to follow what I know. Two. Do you want any other classes besides the Golden Gap course? No. I do teach a few other classes if you're interested in trading swing trades or options or advanced looks at long-term trends but you don't need anything else but the Golden Gap course to actively day trade and become a member of the stocks will show live trading bro. So this is the class. The only class that you really need. If you want to learn advanced techniques or do options or swing trades there's other classes but the Golden Gap course you'll learn everything in it to actively day trade Monday through Friday. Should I open a trading account before I take the Golden Gap course? No. I don't suggest doing that at all. Sometimes people get all caught up then and learning the platform setting up their charts are figuring out the trading account and then they become overwhelmed when you're really supposed to be focusing on the class and the information in the class. There's plenty of time for you to learn how to set up the the platform practice on a demo short use hotkeys do all of that before you actually trade and I suggest that people take the class first then after that set up a trading account. Now if you have a trading account already that's fine. You still need to take the clash before you begin taking the day trades okay. You still need to learn the system first. So how much money should you risk in each trade? Well it depends on first of all the size of your account and where you're trading. It should be based off of the cash amount in your account not necessarily the margin or buying power. So what do I mean for example even if you have a hundred thousand in margin it doesn't necessarily mean that you'd want to risk fifteen hundred dollars a trade. You might not want to do that even though you'd have enough margin to do that if you don't have a sizable enough account. So it depends how much cash you have in the account that's what your risk should be based off of. And if you have any more questions on that you can you can email me but there are different types of trading accounts retail versus prop and you're going to get different margin on those. So you may have a huge huge amount of buying power margin but you may not have a huge account as far as cash wise. So you must be careful with your risk and especially right after the class. I tell people go easy after the class work yourself up build yourself up to the set risk once you learn how to do the trades. But if you have any more questions than four you can ask me but your money that you risk should always be based on the cash in your account not on the margin. What amount of percentage should I look for in each trade? You're looking for ideally one over. So if you risk five hundred you're looking to make five hundred. If you risk a thousand you're looking to make a thousand. Sometimes you'll make way more than that. Sometimes you'll make a little bit less. Sometimes you'll only make half. If it goes to the target you got to get out where you got to get out if it's at the target even if you only make half of what you risk. So you have to watch the charts a combination of that and I teach the exits in the Golden Gap course. But ideally what we're looking for in most moves are one to one. How long will it take me to learn the system? As long as it's going to take you. You can learn it in a weekend if you pay attention to everything I say and follow me in the trading room if you join after the class. It doesn't have to take a long time. It takes everybody as long as it takes some. Again sometimes people pick up the information really quick. Sometimes people need to repeat the class. Sometimes people need to ask me questions afterwards. It really depends on you. It has nothing to do with if you've ever traded before or or anything at all. It really has to deal with you and how well you retain information in the course. So but I'm here. I'm here to help you if you need help. And then lastly today is the live training room. Could it with the class? No it is not. The live trading room is a separate fee of above and beyond the class. If you want to join after the class you would sign up for the room. You must be a student in order to join the live trading room. You don't need to be in the room though. You will learn everything in the class to train on your own. I think the room is a good support system right after the class however at least for a short period of time for you to to see the gaps working live to review the ratings with my ratings and see the entries. So I suggest to people if you're if you want to day trade you want to do this seriously to really learn from a mentor. Now who you go to and who you learn from is up to you. I am mentoring people. I'm doing very well at that. I'm giving it my all. I really truly believe in my students and I want people to succeed. So that's why I require people to take the golden gap course before trading in the live room. So I teach people in the class. I'm doing teaching in between when we're not busy in the live room going through things and I'm here if you want to email me questions as well in between the times. It's really important though to follow a system and the one of the reasons I'm a good mentor is because I follow my own system and I don't deviate from that system. So if you're interested in more information you can learn my system in the golden gap course. It's a two-day class. It's November 10th and 11th and for November nine to five eastern time cost of the class is $59.99 as of November 1st. Classes online can be anywhere in the world and take it. If you want to sign up email me and Melissa at thestockswish.com to register. Thanks everyone have a great day.