 Hello there, everyone, and welcome. This is Melissa Arma with the Stock Swoosh, and I thought I would talk a little bit tonight about trading and getting trading education. I decided to do this because I was receiving two inquiries in the last week. One was from a gentleman that emailed me, and another was a person that I talked to over the phone that I had talked to for years that has not done my class. Another one was a totally new person. So it was a good example of two different experiences from two different people. One man lost his job, money has a fixed amount of money, and the other man is looking for a job and he has a fixed amount of money. And they both have enough money to train, but they don't have enough money to trade and to pay for my class. And I told both of them, if you trade and you don't get education, your chances are very, very high. It's basically 100% that you're gonna lose the money that you have. And the case of a gentleman that's not working, and the other gentleman that's trying to get a job, you know, both of those cases, when you can't afford to lose when you're in those kinds of positions where your cash strap. Cash is king when the streets get bloody. It's an old saying out there. I didn't make that up, you can Google it, but the reality is that you need cash in order to trade. And you also need cash in order or a credit card, credit card I should say, a method of payment in order to sign up for my classes and subscriptions. And I think that it's important for people to get an education before they trade the market. Very often people don't wanna do it and people don't understand why they need to do that. And also a lot of places out there offer things that are very cheap and they don't give good trade ideas. Some are subscriptions, newsletters, and some are classes that are very cheap and they don't teach people really how to trade. They may teach people information like how to read a movie on average or something like that, but it doesn't teach you what you need to know to make money. And there's so many things that go along with becoming a good, solid, successful trader. And that is really the only way that you're gonna make money. It's the only way that you're gonna make it. The only way you're gonna make it is to get an education. So while you might copycat someone's trades for a day or a week and make money in the long run, you'll give that profit back to the market and lose the money that you have because you don't understand what to do. And part of it is really having a good, solid system, a system that has a very high win ratio. So I'm lucky that I have a system that does, but it took me three years to create it. So it wasn't like I ruled out of bed one morning and figured this out. It took me a while. And that is a road and a path that people can take individually. But I find that people can't stomach that path. It's not a time in my life that I wanna relive, quite frankly. So again, I began trading in 2008. It's almost 2020. It's hard to believe. Three and a half months is gonna be 2020. And so that was a long time ago for me. But the reality is that people think that they can teach themselves how to trade. They don't understand how challenging, difficult and expensive it is. It's more expensive to try to teach yourself how to trade the market than it ever will be to pay for any class because the market just keeps taking. And that's the problem. And a lot of people don't have sophisticated, analytical, intelligent minds to be able to see the nuances in the market to be able to create their own system. So I think it's important for people to understand that if you have a lot of money, whether you have a little bit of money or whether you have a lot of money, it's important to get education before you risk money in the market. It just is. Because you're not gonna have any long-term success unless you learn a good system. And it is a far easier, faster, quicker road to learn someone else's system than it is to create your own system. And also the idea of having a mentor. So I teach people and I do the class once a month. My main golden gap course that I do once a month. And it's very interesting because I've come across now doing this for, I guess seven and a half years. I've come across people from all walks of life, literally everywhere in the world. I'm lucky and blessed to be able to afford to live in a wonderful place like Manhattan. And I meet a lot of people and being on national TV. I've met a lot of people in the last three years and I've learned a lot. And it's helped me grow as a person and also be able to grow as a teacher, to be able to connect with people and understand people's situations in life and where they're coming from and what they're dealing with. And I'm always gonna be honest with people and tell them the truth. You do need money to trade and you need money to pay for my education as well. And even though it sounds exciting to trade for that education, you're gonna lose the hard earned money that you have if you don't know what to do. It's better to work hard, save the money for the class, keep saving, keep working hard till you get to the point that you can afford to come to me and learn and trade. And I've even had people that have paid for the class only have the money for the class and then they trade on a demo and save the money for training after the class. And I've had people do that and those people actually, some of those people, some of those students are very strong because they paid for the class, paid the $64.99. Then they traded on a demo and they saw the money that they can make and went through their learning curve on the demo while they were saving for a live trading account. So you can commentate the class as long as you've accrossed to the class and traded on a demo. I've had people do that. And some of those people have worked out some of the kinks and bugs in the demo and have gained confidence in themselves listening, listening in the trading room over the course of a period of time. So whatever works for you but it's definitely, definitely, definitely important to have an education and you definitely need money to trade. And the education is gonna support you and being successful long-term and short-term because you really need to have that foundation in order to make money in the market. The market is there for anyone to trade it. That's true. But the market still has way more losers and winners and that people that trade it and that's why the people that do make money in the market the people that are winners in the market make so much because they're taking the money from the people that are losing. Nothing's really being created in the market when you trade. You must know that. If you win money in a trade you took that money from somebody else that day and you were the winner and they were the loser and vice versa. So you have to learn how to be on the side of the winners consistently because there's far, far fewer of those people than there is losers. And if you come and decide to do my class you'll learn all about that and we'll talk about that more as well. Have a great night everyone. If you're interested in more information you can email me at melissa at thestockschwisch.com call me at 929-3200 GATT follow me on Twitter, Facebook, YouTube or Skype.