 and welcoming, I just really blew me away. What makes us so different than other schools is that we're just not your typical school that's just gonna teach you how to trade. We're gonna go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Josh Leviton. I'm from Bethpage, New York, and I'm the senior instructor here at Cyber Trading University. What makes our on-site class so great, aside from the networking aspect of it all, just having our students meet each other for the first time, is the fact that myself and Fausto are very hands-on with our students in the sense of just being able to literally overlook their shoulder and watch their trade, what they're focused on, from their platform. Some news came out and I think just popped. While I can comment on what they should focus on online, they might not be able to understand that as well, compared to having us right there in front of them. I kind of like the idea of not being in front of a computer eight hours a day, because I can't do that. So I kind of like the idea of doing it in the morning and then going to do all the other stuff I need to do. Everyone that you thought was gonna do that, you're gonna have nine losses versus one winner. Yeah, it's not worth it. When I spoke to Fausto on the phone and he interviewed me, the thing he said the hardest thing for me to do would be to unlearn the things that I previously learned and it turns out that's 100% true. And the stuff that I'm learning from him and Josh and everybody has really made all the difference in the world in understanding what a day trader is and how it actually works. Fausto and the staff at CTU University, they're really on top of everything. They give you good trade choices and they keep you alert onto whatever's happening in the market at the time of the day. Right, so we made a profit, what did I just say earlier? Just take the money and run because guess what? If you didn't take it, how would you be doing right now? Now you're losing money. You're just trying to make that day's pay. That's all you're looking to do. You got it, you made it. Listen, for every stock, if that kept on going of everyone that you thought was gonna do that, you're gonna have nine losses versus one winner. I don't think you're gonna find a better support team in the stock trading business anywhere. That's why I'm here at the platinum level. You know, a lot of people wanna go out there and trade and don't know if it's for them or not and guess what, that's okay because it's not and the thing you have to look at is you have to find a mentor, you have to find a school, you have to sample a couple of things with a couple of schools out there, do a couple of classes and you make the choice but don't make the biggest mistake that people make. Go out there and be part of 90% maybe even higher of the failure rate in today's industry because people wanna try before they learn. I mean, would you ever want someone to work on your loved ones that never went to med school? Or how about just giving your finance money to some financial planner that never learned finance? We are no different, but you are on the right path. The right path is you should be doing it on your own and by doing it on your own, you need a mentor to show you how to do it and that's what you're gonna get here at Cybertree University. Audio up, there we go. Good to see you all, welcome everybody, good morning or good afternoon depending on where you logged in from. My name is Kyle Stowe, hopefully everybody enjoyed that quick little video. Can I just get a chat back if you guys could hear me loud and clear please? Just wanted to just double check and see if we're ready to hear it. Norman, thank you very much for that, appreciate it. Sounds good, Lenny, thank you very much. All right, good, good, good. Good afternoon to you Bob, all right. Well, thank everybody for being here. Hopefully no one freaked out a little bit that Dow Jones being down 569 points. I mean, listen, with his catastrophes, there are opportunities so hopefully nobody is taking that in a bad thing but you can always short. We'll talk a little bit about that, we'll talk about all that good stuff but I'm glad that you guys came today because I really wanna kind of teach all of you a little bit about the art of trading, what trading's about, why some of you are here trying it and why people fail and why people succeed and hopefully you're not gonna be those people. You see, I hate seeing people lose money. It's just, it really stinks. I mean, it's not, you don't have to, all right? You just kind of know how to play the game and I'm here to educate you, all of you, how it works and then hopefully at the end of this presentation, every single one of you are gonna make a commitment and says, you know what? I wanna come and see this live house though. I can't believe that what you taught me in 10 minutes, I've learned more in that 10 minutes and someone has teached me in a month or even a whole program and believe me, you'll see what I mean, okay? And there's some of you that be like, you know what? And now I know the real truth about it's not for me and you know what, that's not a bad thing. That's a good thing. But what you don't wanna do is go out there and make an investment into trading and get yourself in trouble. So what today's topic we're gonna talk about is risk management and how to set your stop losses, which is a great topic. Yes, Prima, yes, we can, you can hear quite clear. Okay, perfect. But before we started, I gotta make sure I'd be very compliant. Warning, warning everybody. Trading, there is a very high risk in it, okay? And today's presentation, please keep in mind, this is just for educational purposes. We're not here to make any no guarantees, no warranties and none of that stuff, okay? So just wanna be very careful that everybody knows that you could lose a lot of money into trading and even with the practices that we do, it's just the name of the game and listen, I guess it's like the same warning they put on a car, right? You can kill yourself driving a car, it could happen. So we don't wanna take any responsibilities. All right, so we got that out of the way. Let me just tell you a little bit about myself, okay? Before I get into training, I want you to feel comfortable with me. I want you to know who I am because I was you 25 years ago, all right? I love trading. I think this is the best job in the world. I think everybody should be trading and you probably are. I mean, there's no job out there that's gonna give you the freedom, the salary, okay? Then trading. And what happens that the issue, if people realize that it's so easy to get into this market that people realize that you gotta learn before you could earn. It's like driving a car, I'm here, I love cars. But the thing is you would never give the keys to a teenager that never took a road test or ever took his permit. You're basically giving the keys to his new coffin. That's basically what you're doing. I said, I got three boys and let me tell you, my second one, I just told him how to drive. I don't know if you ever drove in a car if you remember or maybe you're doing it now. It is the scariest experience when I first give them the keys. I got the foot on the brake, the gas, the brake. You know, you're driving in a parking lot. Listen, we know we jump in a car all day long, but you gotta know what you're doing and trading is the same way. So you can always follow us on YouTube, Twitter, Facebook. We're always posting some really cool videos, great content. So please make sure you subscribe to us and always like us. Now, just tell you a little bit about my parents. I'm first generation Italian. My parents came here from Italy and the reason why I bring them up is because they came to this country to find a better life and it came specifically to New York because I mean, this was basically where a lot of immigrants came from off the boat. And the reason why I bring them up because my dad and mom worked really, really hard and they wanted us to have a better life than what they had in Italy. This was obviously during the depressions. And the thing for them is they always say, listen, try to find a job that's gonna make you a lot of money. And the most important thing is surround yourself with people that are very good at it and stay away from the people that are very bad at it. And because when they work six days a week, the only days we're able to spend together is on Sundays and we went to church on Sundays. And we remember those days, the markets we even, everything was closed, you couldn't even find a target that wouldn't exist to back then, but you know what I'm talking about, stay a family with Sunday. But six days a week, I mean, they worked their butts off, came with $20 a pocket and gave me a better life. But the thing is I learned so much that to do what we do and what we love what we do, I found that the way you could really have the freedom is trade the market. I mean, I'm seeing kids 18 years old driving Ferraris, you know, apartments in the city. I'm like, what are they doing? Now, listen, I just turned 50 years old, okay? So those days have gone and passed, but it was those people specifically, I'm saying, where did you get the money from? You know, are they just rich? No, they working, they were working and they were trading the market. So what I've learned is that before I became very good at it, it was really bad at it. And you know why it was bad? Because I was that eight year 22 year old kid back then that says, you know what, let me go try myself. I don't wanna work for somebody. It was easy to open up a brokerage account. I made some money, you know, and I said, let me go go trade it and see what happens. And unfortunately, I think it was like some other people that got lucky, like, you know, today you hear these kids making a fortune on cryptocurrencies, you know, they just got lucky. Honestly, I don't care what you say, they got lucky, okay? And I've seen people that got lucky and I've seen people blow it all, all right? And you know what I'm talking about. So anyway, to get to the point is this is that after blowing up two accounts, I raised a white flag, I says, you know what? I gotta go work for somebody. It's the only way. I mean, but I didn't wanna do it back then because I didn't wanna commute back and forth to Manhattan and, you know, I don't wanna split the profits and not only that, but what you had to pay for technology back then, it was ridiculous. I had to spend $1,000 a month. Now, granted, I'm 20 years old, we're making $1,000 a month, $1,000 a month to get the same technology today that's gonna cost you $15. No wonder why nobody wanted to get into the business back then. But you know what? I was smarter than that. I saw that people make the money and it was part of doing business like paying rent and it worked out well. And I'm gonna show you exactly what that is because most of you here that are trading are looking at trading backwards. You really are. You're literally trading just backwards, okay? See, most of you are focusing on the past, charts, indicators, you know, news. You ever thought about focusing on the future? Oh yeah, that could happen. I'm gonna show it to you. I guarantee I'm gonna show it to you and you're gonna fall off your chair and then not only are you gonna be so impressed that you're gonna, hopefully I'm gonna have you drooling out of your mouth that when you come into my trading room after this, you're gonna see exactly what I mean. Now, how I started Cybertrading University is this. Why am I here? Okay, because I always hear people always ask me, you know, if I was still, you're such a great trader, you know, I seen you on, you know, all the financial stations, I see you on doing all these presentations at the expo, why do you teach? You know why I teach? I can't answer for other people. But the reason why I teach is because I'm looking to recruit traders I could trade with. You see, my trader has become so good at it, eventually they outgrow CTU. So I'm always looking to recruit traders, okay? So I mean, I don't know what everyone else's situation is, but I know what my situation is, okay? So if you think that you have it in you, I have to show it to you. Hopefully when you come to my trading room, you'll see what it's all about. But that's the reason why when I was, when I started trading by the age of 24, I was already semi-retired, okay? I was already a millionaire in two years, okay? You know, with, you know, with a few thousand dollars in my pocket, that's how good I was. And the big thing that made me different is because I didn't want to split the profits back then. So the only way that I could make more money is I had to start a trading firm. And I didn't want to get into the trading business but I said, hello, how can I get around not opening a brokerage firm but still teach and find people I could trade with. And that's how Cybertrad University is born. So believe it or not, Cybertrad University is one of the oldest schools in the industry. When I started, there was probably about three of us. Now there's thousands of them. So I'm one of the original sales bandits who read any of the books. I probably have hopefully read my book, how to beat market makers at their own game. But that's the reason why I started Cybertrad University. And that's why I'm here. And believe me, ladies and gentlemen, I've changed people's lives. Now this is the actual trading room. Now I'm gonna invite every one of you in. You're gonna see traders, you're gonna see instructors, you're gonna see Fausto, you're gonna see us trading the pre-market. You're gonna see us trading the aftermarket. You're gonna see traders during the market, okay? But everybody's gonna get access to the original trading room, the first one that ever started, the original. So this is what we're gonna learn. We're gonna talk about how to follow the big money. We're gonna talk about why 90% of traders fail, developing a game plan and how to recharge correctly because 80, 90% of you're reading them backwards. And you'll see what I mean by that. So let's begin. Let's talk about this stock CEI this month. Did anyone see the stock CEI? Just give me a quick yes or no. I'm here, I'm talking, and I haven't asked any questions. Did anybody see this stock? Leon, you didn't see it. Ken, you didn't see it. Doyle, or Mike, you did. Okay, good. Dave, you saw it all day, right? Beautiful stock. Okay, so this stock right here, if you go back to my Twitter, if you go back to my YouTube channel, okay, you can watch the videos. We were trading the stock for over a month now, okay? This stock literally ran from 50 cents and it went all the way to 350. Less than, what is this, one, two, three, four, five days. In the past week, it ran from $1.50 all the way to 350. Now, listen, do the math. What is that? 200%, 300%. You could have traded several thousand shares in the stock. Now, why was it going up? Well, I know why it was going up. I'm gonna teach you. It was a short squeeze, okay? But the thing is, don't look at the price. Don't look at the name, because you know why? You're here for one reason and one reason only. I'm gonna answer that in the next slide. But let's go look at another stock. Did you see C-A-R-P? Did anybody see this stock? C-A-R-P? Hold on, let me get my little point right here. See, God's go far. So everybody can follow along. Here we go. C-A-R-P, right? Nope, Gary didn't see it. Okay, great. Stock was up 17% in pre-market, okay? It went from 520 all the way to 640. So now here you're thinking, oh, maybe the stock is going higher, right? Great, what happened? Market opens up, line 30. It goes from 550 down to $5, like that. Thousand shares are down 800 bucks. Oh, maybe you think it'll come back? Great, it went down to 440. Kept going lower. It was up in pre-market. What the hell happened during the market though? Why did it go down? Listen, let your winners run and you gotta know how to cut your losers short. And that's where people make their big mistake. They don't know who's pushing it up and they don't know who's pushing it down other than they're sitting there getting their emotions involved. They're going on these Reddit stocks and Wall Street bets, whatever you wanna look at it. They look at news. The end of the day, there's only one way to know how these stocks go up and go down. It's the buyers and sellers. Now let's think about this for a second. Most people who begin trading full-time fail for this reason. They're too focused on making money because they're desperate, okay? And they lost their job or COVID wherever. Or they just stop focused on themselves. They don't know how to prevent from losing money. They don't know how to take losses. That's one of the big reasons why people fail. Now, my job and what I teach my traders, I'm not here to teach you how to make money like other people do or what you wanna know. We teach you how to stop losing it. Once you stop learning how to lose money, that's how you start making money. So before we discuss risk management and how to answer these questions, the main reason why you trade is to make money. That's it. My mentor always taught me a big, my mentor, one of my great mentors, Frank Ferrara, always taught me, he says, Fausto, when you think you know something about the market, you gonna blow up your account. I'm like, how's that? Why would I blow up my account? He says, because it doesn't matter what you think. It's what the street thinks. Why you think you know more than the guy wants to buy 100,000 shares of stock when you only wanna buy 1,000 or 500 or 100? You're here to make money and that is it. Your spouse does not care. If you wanna trade the market, she doesn't care or he doesn't care. You bought Apple or you bought Amazon. Did you make money today? Oh, no, you know what? I coulda. They don't wanna hear that. They don't wanna hear it. Did you make money? They don't care what you traded. They don't wanna know why it went up or why it went down. They just wanna know if you made money. Let's talk about one of the biggest and most popular tools. Tools are what make you understand how the market works. So what I'm gonna talk to you right now is this. I need your 1,000% attention right now because what I'm about to show you and talk about right now is Wall Street's biggest secrets. No one really talks about this. You know why? Because they're not traders and they were not market makers like me, all right? Nothing has changed since the day I started till today other than technology and ticket charges got cheaper. So how do stocks go up and go down? Supply and demand, right? Think about this fellow traders. I have a question to ask you. If I could show you and tell you right now how you could, you know, if you're able to see 70% of the buyers and sellers out there, what is that worth to you? What's that worth? Let me just fix something over here. What's that worth to you? Thousands of dollars, right? Pliceless, I like that one. Michael, Doyle says a lot. It's worth gold. Would you pay $9 for it? $65,000, would you pay $9 for it? If I could tell you in the stock that you went right now that you could see where all the high-frequency trades are, all the dark pools, all the algorithms, all the institutions, the market makers, the brokerage firms, the traders, what is that worth, okay? Nine bucks, okay. Well, don't get ready, okay? Because let's talk about how these stocks go up and we'll show you how it works. Let's start off with something called level two. Now, does anyone here have level two quotes? By the way, I'm gonna do a couple of polls. So please make sure, get ready. I'm gonna ask everyone. We got a few hundred people in here, so we're gonna have a lot of fun, all right? Does anyone here have level two? Just give me a yes or no. Gary, do Alan have a run? Ron, you don't. Yes, dammit, okay. What about you, Andrew, Bob? I didn't hear, let me stop, don't get me to stop picking on people, okay? David, what about you? Leon, Fran, Glenn, Harry? No, okay. So let me explain to you how things go up and I'm gonna get really basic and I'll get a little advanced, okay? So what we got right here, let me make my crayons, okay? So right here on the left, these are the buyers and these are the sellers. The left are the buyers, the right are the sellers. So whenever you're looking at a stock, you gotta quote, the bid is the buyers, the ask is the sellers. Now right here you have two columns, one, two, three. I don't know if you guys can see that, one, two, three. Maybe that's a little better. So the first column is a four-letter abbreviation of the brokerage firm or something that's called an ECN, an exchange. You know, like the New York Stock Exchange and NASDAQ Exchange, everything else. The second column tells you the price that that stock is trading on that exchange. The third column tells you how many shares are looking to be bought at that exchange. Everything there is multiplied by 100. Three is 300, one is 100 and so on. Now that's the who's looking to buy it and on the right-hand side, these are people looking to sell it. Whoever wants to buy the stock for the most amount of money's up on top, whoever wants to buy for less money's down here at the bottom, whoever wants to sell their shares for the least amount of money's up on top, whoever wants more money to sell their shares are down at the bottom. So what you're looking at is basically a big chat room. Now, level two is worthless. It's been outdated since the 90s. It doesn't give you the full depth of all the orders. Think about this for a second. All you're seeing is, let me just clear this out. All you're seeing is like the New York Stock Exchange right here that there's a buyer for 100 shares at 1451 and on the sell side, there's 100 shares looking to be sold at 1452. But there's more people out there. I don't know if you know that. There's buyers at 1450, there's buyers at 1470, there's buyers at 13. You're just seeing the highest quote out there. That's why it's worthless. Now, wait till you see this. I'm gonna do a poll question right here. And my poll question is this. Do you have level three access? Corey, we didn't get to level four yet. Hold your horses, all right? We're gonna get there. Give me about 10 minutes, all right? All right, just doing a quick poll right here. Give you a couple of more seconds. By the way, guys, don't be embarrassed. I don't know why people are shy to answer a poll question. Nobody's tracking you. No one's gonna yell at you. No one's gonna embarrass you. Just be honest. If you're not sure, just say, Corey, you're a newbie, that's fine. That's okay. Just say, if you don't know the answer, just say no. You know what I mean? Or yes, whatever it is. Okay, so it looks like I got most of you in here. I'm gonna share the poll and share the results. So we got about 66% of you say no, 23% of you say yes, and the rest of you said that you're not sure. So it's about 80%. You know what? That's about right, it's about 80% failure rate in trading and you can see why you're gonna fail. All right, so let's change the slide here. By the way, at the end of this presentation, don't go anywhere when you get ready to register. We're gonna play a video of me on the NASDAQ exchange. NASDAQ actually had me as a regular guest before COVID talking specifically about what you're about to see here. Now understand something, NASDAQ doesn't need me, okay? I'm nobody to them, but they saw me do a presentation on their platform and they're like, oh my God, you need to talk to our audience because people need to understand how the market works. So I'm gonna show you how it works and you're gonna see it even trading blind since the day you started. Now getting back to the bid and this ask. The buyers and the sellers. Now this is NASDAQ BookView. You can get it right off their website, right at the NASDAQ exchange. You could get it through your brokerage firm. I recommend you do not buy anything until I show you how it works live in the market. But let me show you and explain the power of it. First of all, you get 20 times more data than you get on level two. You're gonna see all the orders out there. So right here you'll see all the orders on the NASDAQ, all the buy orders and all the sell orders. Now you have three columns. You got column number one, column number two, and column number three, column number one, two, three. Now I think a lot of you people here are looking at this and be like, my God, there's just so many orders. What the hell am I looking at? Okay, well guess what? This is what we're looking at. 95% on this screen is garbage. What we're looking for is this. See this guy right here? There are over 3,450 orders out there that make up 120,000 shares at $142. There's a big, significant buyer out there. No, I'm sorry, I take that back. Buyers, there's over 3,450 of them around the world looking to buy this stock and because it's all aggregated at 142. So they gotta think about it. Like, do I really think that a support level is gonna be here with 100 shares at 142.7 cents or the 1,000 shares? No, I will be focused on what these are called iceberg orders. We are looking for big block orders, significant orders because let's think about this for a second. What makes a support and resistance level, fellow traders? Let me see if you can answer this question. What makes a support and resistance level? You should all be able to answer this question. Buyers and sellers, very good. Thank you, Robert, thank you, Sheila. By the way, guys, just write S&D just so I know that you're alive. Just write S&D. So if you could see where the big buyers and sellers are, it'll just make things a little more easier. So let's go out there and change the slide here. And, okay, change the slide here. All right, so let's look at the stock right here. We're looking at Ford, okay? Now you can see Ford started right here around 1475, right? It came all the way down and it stopped right at 1425. You know, it didn't want to stop at 1450, didn't want to stop at 1440. It stopped specifically at 1425. And then when it hit 1425 at 1030, it went right back up to about 1450, all right? So you're like, why 1450? Why not 1440? Why not 13? Why not zero? Why 1425? Well, when you look right here on the left, as the stock goes down, the way we train our traders is like, okay, listen, stocks go down, right? So as they go down, you need to know where, everything's that eventually hits some type of a support level, but support levels don't exist unless you got the buyers. See, everyone does things backwards. They look for support levels. No, no, no, no, no. You don't look for support levels. You look for the buyers because the buyers are what make a support level. Everybody's doing it backwards because that's what I'm saying. They're focusing on the past. I'm trying to teach you the future. And the future is, where is the next biggest buyer? And he's right there at 1425. You could see it clear as day. And if you were right there with them, guess what? You would have made yourself, I mean, not a substantial amount of money in about 20 minutes, made yourself 25 cents. I mean, 20 cents right there, right? 20 cents, 1,000 shares, 200 bucks, $200. Every, you know, do that every day. You make yourself about $50,000 salary. You don't gotta go to work. Got no boss, no rent, you know, not bad for a day's pay, right? All just by knowing that that where, that's where the rest of the world is. Now, let's talk about a resistance level. Resistance levels get built by sellers. Here you have a stock, we're looking at ALF. Stock goes from right here from 780 all the way up, and it stops specifically at 870, right? Doesn't stop at 8, doesn't stop at 830. It stops specifically, not even once, it hit it twice. Why did it stop at 870? There's only one reason to explain it. It wasn't a Fibonacci, it wasn't a MACD, it wasn't Fausto, it wasn't UPOM, it wasn't you, Kathy, okay? What it was, if you look over here on NASDAQ Book Viewer and you look at the sales and you work your way down, holy crap, you got a 520,000 share seller. You do the math. That is $4 million worth of stock out there, and 26 people make up that 522,000. Are you telling me that you think the stock's gonna go higher than 866? Yeah, you know what? It could. Gotta get through that guy first, and you know what? I'm gonna wait until it gets past him, because guess what? If it didn't, which it didn't do, it came right back down to $8, and bam, there you go, you just lost yourself almost 70 cents because you did not know that that guy was out there. Did I lose anybody yet? Am I lost? Anyone lost anyone? Did I lose anyone? Just give me a yes or no. Bob, you already got, look at that. No, no, Mike, no. Beautiful, thank you very much. Robert, Christian, Alan, Derek, Gary, good. This fantastic Alan is saying, listen, why do we trade to make money? How are you gonna make money? You have to follow people out there that have big shares. You have to follow the money. You see, I'm not teaching you being an analyst. I'm teaching you how to be a trader, and traders always have a game plan, and the game plan is this. I never go out there and say I'm smarter than somebody else. I don't wanna be the smartest guy in the room. I wanna be the dumbest person in the room, okay? I don't wanna be the dumbest person, but if I'm in that business, the reason why you're good as a trader is because you surround yourself with good traders. My father always told me, he says, listen, son, you wanna make a lot of money? Hang out with people and make a lot of money, okay? You wanna hang out with troublemakers? Guess what? You're gonna end up being a troublemaker, and that's really what comes down to it. How many of you here wanna work for like, oh, you're in the industry, like, oh, I wish I could work for that company? They, those guys make a killing. You know what I mean? Well, guess what? You got the opportunity right now. You know, I'm telling you, that's basically what the secret Wall Street is. By the way, oh, turn on one of the financial stations right now, Fox Business, CNBC, actually CNBC. They have their studio down on the floor. Look at all those computers, those monitors, those are the greatest traders in the world, right? That's why they're there. How many indicators do they have? Zero, zero. How do I know? I even had a cocktail reception down there. Eventually, everything's gonna be electronic. You know, you're gonna have your bombets and weddings down there too. All right, ready to have a little fun? All right, let me, we're gonna have a little fun here. Let me stop this. I'm gonna do a poll, okay? My poll question is this. Is this not going up or down? Let's see you guys answer this question. I got a little poll. And try not to like overthink it. Try not to overthink it. Just listen, just tell me. Is it going up or going down? By the way, if you can't answer this question, you should quit trading. I mean, this is like basic stuff. Just being honest with you. Listen, people sometimes might not like the way I speak. They might not like the way I talk. They might not like the way how I act, but you got to respect me. And the reason why I do that, I'm a little brash sometimes, but I do it because I love you. I don't want to see people lose money. It is so depressing and it just bothers me. Okay, it should bother you. So please answer this question to the best of your knowledge. All right, so I'm gonna end the poll and we share the results. Now, I just really have no idea why 10% of you think the stock was going up. The trend is down. Why you think it's stock is going up? I just don't understand. Maybe you see something I don't. Could one of you tell me? I'm just curious. So, they have to be messing with me, Jim saying. Yeah, no, I always take that. I always take that as a bother. I think of that sometimes. All right, so if you're messing with me then I assume you 100%, a lot of you don't. Okay, now, what have we learned? What is gonna make the stock go back up? Because you know, listen, can the stock go to zero? Yeah, that could happen. But where is the support level? What do we need? Very good, Don, Dave, we need buyers. We need buyers. Do you see buyers on a chart? Does anybody see a buyer on a chart? No, right? I don't see them. What the hell buyers you see? This is some software that's telling me what's happening, what the stock's been doing on a minute chart or on a yearly chart. That doesn't say any buyers. What do we need? We need to follow the ECNs, which is NASAC total view. All right, so, what do we got on DGB? This stock was a fun stock to trade to today. DGBI. I'm looking on the buy side, okay? And as I work my way down, I can say, okay, we're at 4.17, all right, so my next significant buyer is right around full box. There's 29 orders out there. It's about 17 cents away. So should I buy it at 14.60 guys? Or should I buy it at 14.12? Yeah, I could, but probably gonna still go down to $14. Why would I throw out 12 cents? I'm gonna buy it where that next buyer is. May I buy a 401 maybe? Not 14, you know, 17. But guess what? Look what the stock did. Hit 14 right there at $4, went back up to $14.30, came back to $4, went back to $14.30, eventually went away to $14.50. You could have traded that stock several times and made money on it just by following the order. You're more than welcome, Adam. Is that a technique, Corey? No, that's not a technique, it's called trading, okay? That's basically what you're looking at. Where are you saying, I'm in four, not 14, four, four. Don't mind me, I'm getting a little excited, $4.00. All right, the same thing. So did I lose anybody yet? Does that seem hard? Does that seem hard? Think about it. We were only talking for like, I told you it was only gonna take about 10 minutes, right? Imagine what you would see live in the market. Imagine seeing this just happening. I mean, I'm not a fan of doing these PowerPoints because anybody could make a nice pretty picture and stuff like that. But I wanna practice what I preach and I wanna give you guys a week to see it live when I start doing it at eight o'clock in the morning, an hour and a half before the market opens up, which I know a lot of you here are like, why could you trade pre-market and I can't? How do you seal these orders out there and my broker won't let me? I wanna show you the truth. And you know what, you might not move forward, CTO, but at least you'll know exactly why you're getting ripped off. So when you go back to the person that taught you or you go back to your broker, you know what you should be doing or maybe finding out what's going wrong. All right, let's get right to the data. Where do you think resistance levels would be in TEVA? Let's see what you guys think. What do you guys think? Well, resistance we know does not exist without the seller. Where the sellers are on the right. Where do you see a significant seller? Right here, you're right. There's a big, big seller right there at $10. Now, let's think about this because one of you just asked me, could you give me an example of it? Okay, so well, the example is this. If you own the stock at $9, where should you be focused on selling it? What would be a good price to get out? Right before $10, right? Right before $10, right before that 108,000 share seller because you don't want to be last, you're going to be last on a list. But if you go penny above them, you'll cut them by 100,000 shares. Little technique I was taught and not going to charge you for that. That's a little gift for me to you. So you mean you're not going to wait until 11? You mean you're not going to wait until some analyst told you on TV, like he's projecting the stock to go to 15? Yeah, you know what it could, but let it get past this 100,000 share seller. All right, that's what you got to look at because when you look at this chart right here, what is the trend of this stock, everybody? Let me show it, actually, let me do that again. Let me do that again. Hold on, there you go. Is the trend of the stock going up or down? Now think about it. Every one of you here except one person who probably knows the answer already because you just saw the answer, everybody and most people out there trading and every indicator, everything else, you're all saying the stock's going up. Okay, there you go. There's your results. So you're all right. But by knowing what we saw that was out there in the future, if we didn't know that guy was out there, boom, look where we're down now. Now the stock is trending lower. So, and you could probably go less. Leon, listen, you know what? What does that really mean? Because the last five bars, you don't even know what bars these are? Are they minute bars? Are they 10 minute bars? Or if the bars were, forget about the ball offers, okay? I know what you're talking about. I've heard people talking about the soldiers and the candles and this and the wicks and forget about that. So let's just keep it simple. Keep it simple. Where are the sellers? Don't worry about the higher highs in there. You know, the bull flags and the bear flag. Look at the orders. That's all you care about. And just keep, it's called the kiss method. Keep it super simple. That's all you have to do. Remember what the topic of what today's presentation is. Having a game plan. You know, it's all about being able to knowing where to get in, where to get out. And this is how you know where to get in and where to get out. All right. So here at Socrates University you call these iceberg orders, okay? I came up with that word, watching the movie Titanic. We all know what happened to those wonderful people on that ship. Gorgeous ship, the most unsinkable ship. Well, apparently someone forgot to tell them it's not, you know, it's on top of the water. It's on the bottom of the water and it took them down and all those lovely people died. Guess what? You don't need people out there to blow up their accounts because they are so focused on everything, the beauty of everything on top and don't look what's on the bottom because they don't have the right tools. Hopefully you're not going to be those same people anymore. Now let's talk about this. Fake news. Everyone's like, oh, Fausto. I heard that fake orders. How do we know they're real? I heard about, yo, there's spoofing or that, okay. Let me just squash that right now. Does anybody here use something called time and sales? Anybody use something called time and sales? Okay, this, I am actually what's called a tape reader. If you read any of the old books, I was taught specifically how to tape read and what you're looking at is I would just look at right here on the time and sales order and I can know exactly where the direction of stock is going. Granted, using everything else that's with it. The time and sales are the confirmation of a transaction that was taking place. So this is every order that you see that's taking place, the buyers and sellers. So red means, if you see a lot of reds, that means the people on the bidder getting executed. See a lot of greens. That means the seller is getting executed. So let's go back to SKLZ. Here you have a resistance level. You could see it clear as day of 1450, right? Stock goes from roughly about $12, shoots up there and about our two hours for it. It just basically, it was hitting it coming down, hit it going down and broke 1450 and the thing, boom, went all the way up to 16. How is that possible? There was a 120,000 share seller out there. Fowster, you just told me, big seller, resistance. Yeah, but guess what? Someone bought it from him. Look at time and sales, green, green, green, 1,000, 3,000, 2,000, 5,500, 5,600, 1,300, 7,000, 5,000. You know, that goes pretty fast. We need a lot of greens. So I mean, listen, that could happen. Somebody can buy it. So when you look at a chart, you're like, oh, the big resistance, whatever it is. Yeah, but you know what? I look for big orders like that. I'm like, and you know what? You're gonna see this. There was a lot of examples. There was actually one, was it, I think it was a CEI today. I think it was, let me just check. I think it was CEI. I'll go back in history. I'll show you some a little bit. But there was some big orders that were getting executed. And you know, these things are breaking out, you know? And that's a good thing. So the only times I would sell a stock and like, oh, I should just held it, nah, you know, I could always buy it back. I'd rather buy something back and lock in a profit than get greedy and think it's, oh, maybe I can make more money. This is how people blow up their accounts. All right, so, will this happen on a big support level? Okay, if it breaks, well, look at this one. Looking at the stock CL&E, right? Stock goes from 14, comes all the way down to a big buyer of 110,000 shares at 1290, right? Right there. Hit it, went back up, hit it, went back up, hit it. Boom, eventually, somebody just whacked this guy on the bid, 1,900, 4,000, 2,000, 10,000, 4,000, 4,000, 3,000. Look, red, red, red, red, red, red. Boom, then goes from 1290 all the way down to 1180. But you think about a second. How many of you have been in a position? You've been in a position and all of a sudden you're like, you know, you're like, do I hold on? You know, do I hold on, do I get out? And a lot of you are probably gonna look at this and be like, you know what, maybe I'll get out. Maybe if I saw that and I saw all those trades going off, maybe I should get out too. And you know, how many times have you seen that and you didn't get out? And next thing you know, boom, you lose like $2 like that. Happened to you all the time, John. By the way, we have a bunch of people asking some long questions here. I'm gonna try to answer them a little bit later because I wanna finish up but we've got about less than 10 minutes before we go. And obviously you can see I have advisors in here answering as we're going along, okay? So a burst basket, I mean, a basket is a basket of stocks. You know, that's basically somebody's trading like a whole basket, like, you know, several different stocks. And that's just the strategy Allen out there. The bottom line is this, this is a, you know, a situation where the stock kept hitting it, hitting it, hitting it, hitting it and eventually broke through. Who did it? Does it even matter? That's another thing people ask me, well, who sold it? Why did they say, oh, they going short? Someone's asking me, does it matter? Is that gonna change your decision to hold on to it? You know what I mean? Like stop overthinking things. Follow the money. Listen, if your goal is to make a day's pay, that's 200, 500 a day, 500 a day is a $100,000 salary. If you're looking to make 50 cents on 1,000 shares, do you really care if somebody's playing games or not? Listen, are there sleazy people in this business? Absolutely. Are people trying to suck you in to buy something? 1,000%. Okay. Can you follow them? Absolutely. There are, you know, there are liars and cheaters in every industry, the car business, real estate business, medical business, right? Every business, right? Every business, no matter what you do, you try to be a nice person, there's always someone taking advantage. You know what? You just gotta be smarter than them. And I'm teaching you right now to be one step ahead of them, okay? By knowing what they're trying to focus you on, I'm trying to teach you what they're planning to do. This is why cyber trade diversity has been in business for 25 years. 25 years. You'll never be in a webinar with anyone right now, okay? Other than I only know two people that's still around that have been business as long as I have. I've been through the internet bubble, which everyone had a business. The financial crisis, a bunch of people went out of business. Hurricane Sandy, 9-11. Should I go on? Okay. The, you know, COVID? You just can't be greedy in this business. And that's why, you know, you'll see there's a lot of schools out there that are students of mine. And believe me, when we're done teaching you, you can be a teach other people because eventually you can outgrow CTO. So you gotta understand everybody. You have to learn before you can earn. This is actually a picture of me at the Money Show doing a presentation for one of the largest brokerage firms in the industry. You know who that is? Charles Schwab. Why would Charles Schwab want Fausto de Buglici talk on their behalf, showing you their edge platform and how to trade on it? They don't need me. But they know that if they can get somebody that knows how to trade and teach their traders, they'll have a build, you'll be their client forever. That's what they care about. Do you know any people blow up their accounts with a life expectancy in a trading businesses? I think they said it's like 60 to 90 days before you blow up your account. You think they want that? But they can't teach you. It's a compliance issue. That's why they do that. That's why Cybertradiversity has been endorsed and has been recommended for some of the biggest brokerage firms, which by the way, let me just remind everybody here. If you don't want to move forward CTO, listen, I'm not going to be offended by it, but no one will ever tell you that they've been doing work with tasty works, eSignal, Charles Schwab, Metastock, Trade Station, Thinkorswim, Ninja Trade, and NASDAQ, just to name a few, okay? Just to name a few, these are the big ones, the brands you've probably heard of. We've been endorsed by every brokerage firm. You know why? Because what we teach works, and the thing is not everyone really qualifies to, we teach everybody. Listen, we're going to quiz you, okay? We're not going to listen. I don't think you can just sit there and sign up and think like, oh, you know what? You owe me. We don't do that. You rather let somebody like go and see a doctor. A good doctor is going to want to do surgery on you when you don't have to. You don't even like, some of you are really qualified to do it and some of you are not. And that's not a bad thing. And that's why we're very respected in the industry. Listen, I have a five-star rating on Google. We don't have any complaints on a better business bureau, okay? After being 25 years, I'm not looking to break that record. I tell everybody that all the time. So this is what I'm looking to do. Well, thank you very much. Hope I didn't wrangle your name. Mastra, is that what it is? Okay. So this is what I want to do. I want to practice what I preach. I want to invite everybody in my cyber group room, all of you, okay? I want you not to judge us on our winners. I want you to judge us on our losers, okay? And how we control them and how we get out of them. And then most importantly, I don't want you to judge me or my instructors. I want you to see the other traders, how they think for themselves. Because that's what I want you to be. I want you to think for yourself. And I want you to help me find these icebergs out there because there's no platform out there that doesn't, all right? And then hopefully, if it's something you like, maybe, you know, maybe this could be a great, wonderful career change for you. And it's time to take matters in your own hands. So this is what you're gonna get. In one week, you're gonna get access to pre-market trading. Our room opens up right around 7.30, 7.45. We start through audio commentary at 9 a.m., which we broadcast live on YouTube and Facebook also. We're gonna do live audio commentary exactly at 9.30 when the market opens up for about an hour, which is what realistically all you need. Then you're gonna have all the free time you want, which is wonderful. Maybe you're like me and, you know, maybe start taking care of your chickens or make a nice little dish for your wife. You know, maybe you go see a matinee. Some of you maybe wanna get your nails done. I don't know, have some fun. Trading is not a full-time job. Come back in the afternoon. 2.30, we'll do an audio broadcast again. Talk about what's moving in the afternoon. Trade the last hour, actually the last 30 minutes. It's all you really need. You know, it's all you need. So if you're a West Coast person, you're not an early bird, you can trade the afternoon. Here in the morning, trade the morning. But you can really trade pretty much over the course of the day. You don't gotta be here all day. And then we have our popular class, our Traders Talk Live Workshop. Now, this is what I'm asking for. Are they ready? $9, that's it. $9, and what this is gonna get you is one week in my live trading room. Now, why are we doing it so cheap? Why $9? Listen, the $9 is an application fee. The $9 tells me if you're a real person or not. I don't know who you are. We got over 200 people in here. I don't know where you came from. I don't know how to get ahold of you. But the thing is this, we take this very, very seriously, okay? So while you're getting into the room, we wanna make sure you know exactly what you're doing. By the way, no one's allowed in the room until you talk to your education advisor. He's gotta do a walkthrough with you. We need to show you what you're looking at. We don't want you to just go in a room and be lost. You don't be like, okay, what do I do? What were they just talking in there? We wanna show you the professionalism and the quality and of what makes Cyber Trading University the best in the industry, okay? And while you've been doing this for 25 years. And that's all we're asking. Now, this is what you're gonna get. You're gonna get to Cyber Group Room. You're gonna get three daily market meetings. You're gonna get a morning and afternoon watch list, your own personal education advisor, all for a lousy, stinking $9. That's ridiculous, okay? 100 hours of recordings of pre-market, so you're gonna get a pre-market workshop. That's all you need. Just click on that link. And you know what? If you're not happy, please tell me, I'll give you $9 back. Listen, I don't need your $9, okay? And oh, and by the way, when it's over, we're not like some other people. We're gonna bill you, we are not even knowing for $1,000, okay? Listen, you don't wanna move forward with us. We don't care. I don't need you in my room if you don't wanna be there, right? So I'm not desperate, okay? I'm looking for people I can make six figures with. If you're that person, take that $9 and take a chance. And you know what? As a bonus, what I'm gonna do right now. The first 20 people that register right now, I will throw in a private workshop with me. I will actually do a coaching class with you, okay? Give you a 30 minute coaching class. I can't talk to everybody, but I'm gonna throw that in. You know what? Let me interview you. Let me talk to you. And let's see if this is something that we have a bond together. You know what I mean? Let's see if we get along together. Let me interview you. And listen, I'm gonna be honest with you. I'll tell you if it's for you or not. That's all it takes. Oh, Kevin, let me ask that question. That's a good question. That's all it takes for everybody else. Listen, if you're trading forex, options, futures, crypto, whatever it is, if you're not making money within 60 days, maybe 90, you better quit. How many of you guys own a business and you hired someone? If they're not making your money yet, you're paying them two, three months, you're gonna still keep them working for you? It's like, oh my God, I keep trading, the person doesn't get it. But I feel bad. Yeah, you feel bad. You know what you feel bad? It's coming out of your pocket. All right? If you don't get it, you should go out there and try something. Listen, I know you like the industry. There's really not that much difference in the different training with different markets. It's just, a lot of his main is discipline and psychology. That's really the way it comes down to it. But you might like this. It's actually the least risky trading out of everything. It's 10 times less traded in options, five times less in swing trading. That's all it is. We got, we got there rich. We got about a couple of spots left. Let me just do a quick, got a couple of people here registering right here. Let me do a couple of shout outs right here. Who do I got here? Just looking over here. Don, I got yours. You're from Oregon? All right, Don. Welcome aboard. What we got over here? Just looking on my phone. Allen, oh yeah, you the one that's been talking. You from Connecticut? Beautiful. Listen guys, there's a lot of, when you fill out that, when you fill out that trial, there's a questionnaire at the end, at the after, please tell us a little bit about you. Do you know what level three is? How much money are you trading with? Did you ever get education before? These are very important questions we need to know a little bit more about you. When we qualify you, because when it comes to trading, want to make sure that we gear you and focus you on it in the right direction. No, Captain Frank, no auto renewal, no hidden charges, okay? You don't want to be there. I don't, Frank, I don't need to scrutiny. I don't need the embarrassment. I know people in this industry that got shut down because they, you know, they just, you know, they just can help themselves. Look, I don't do any of that stuff. I don't need it. I don't need it, trust me. I need people where I could be your captain and you'd be my mate, so I can show you a way to catch the fish. So when we go out there, we bring it back and we make a lot of money together. All right? Does that sound better, Frank? Because I love fishing. All right, Captain, all right. Just listen, just try it out. That's all. The worst thing that happens, I give you $9 back. I don't need you $9. What I need is people that could help me spot and I'm gonna show you how to find this. By the way, let me show you something cool. You think this is cool? Wait till you see this. It's called level four. All right? Look at this. When I start showing you 170,000 share orders, I start showing you the guy how he does a ladder and he keeps selling it. He started up here from 14, 1780 and pushes it down and pushes it down. You're like, why does he keep going down? Why does that guy keep lowering his offer? Okay, because he wants to dump it, okay? Like this one. CI, why was the stock having such a tough time getting past 350? Oh, you didn't see the 879,000 shares out there? Oh, I'm sorry. There was two of them out there. You're talking over 2 million shares looking to be sold within 10 cents. Oh, no wonder why the stock wasn't going up. No wonder why the stock took a huge tank. No wonder why he was out there so long. This is going to blow your socks off. If you thought what I showed you on that, wait till you start seeing this stuff. Listen, this is how Wall Street traders trade, market makers trade. You just follow the money. That's it. But the reason why not everyone's successful is because people get greedy. They're like, oh, you know what? Maybe I'll hold on to it, you know, so on, doesn't work that way. Corey, just keep sticking in the room and eventually you'll get it. People are like, my God, I didn't even know it was level three. Now you know there's something called level four. All right, yeah, actually, you can get it. You can get it through certain brokerage firms. By the way, a lot of those brokerage firms that you just brought up like you just did, I actually helped them open up with those brokerage firms. You can get it on a trade station. You can get it on a thinkorswim, absolutely. But listen, I don't want you guys to buy nothing. Please, the only thing you've got to buy right now is the nine bucks. That's it. Let's worry about that. Don't listen. I don't want you going out there and like, oh, let me try it. Fousa told me his secret. Just come to my training room for crying out loud. See somebody do it for first. Let's go do some test driving. You don't want to go buy one of those BMWs. You don't want to go buy one of those M's, you know? They're like, oh, let me buy first. Well, you know what? You can actually get a free test drive on it at the track for two days. You know what? You might not like it. You know what I mean? But at least you get to beat the hell out of it, right? You know, a few thousand bucks, why not, right? It's free. So here's your opportunity. You have the chance of being a room with a 12-time world champion, the most popular school in the industry. Don't lose that opportunity. You can do a second trial. Listen, we have people that want to do it and they weren't ready. It wasn't the right time. If it's not the right time right now, you can push it off for a week. But yes, absolutely. No problem, Robert. I'll see you then. A couple more shout outs because I see a lot of you guys are just bagging it out. Looks like pretty much all of you registered. Just got to try to beat this off. Judy, I got yours. Welcome aboard. We got here. I got to zoom in. I hate these phones. When you get old, you kind of lose your eyesight. You know what I mean? Scott Moore from Seabrook, Texas, just got your registration. Let's see right there. There's a lot of people here. John from California, got your registration. Lance from England, got your registration. I have someone from Singapore. Lewis from Singapore. Mike from New York, just got your registration. All right, guys. So listen, I'm going to get ready. I got to get ready to go and... I don't know about you, but I got to cook dinner. I love, I'm a big fan of cooking. It's one of my hobbies. I even have a cooking station. You go on YouTube, it's called Faustal Home Living. You think it's pretty cool. Listen, I got a lot of time on my hands. So I got to do something, enjoying life. But I love trading. I keep myself busy in those certain times. And then you guys out there, I teach you guys what to do when I jump in. I'll make my day's pay and just make life. Just enjoy life. Listen, life is short. You definitely want to enjoy it. I love gardening. I actually do a book on making a nice little box too. You definitely want to watch it. Faustal Home Living, look it up. You'll like it. And make sure you subscribe and like us. But before that, let's go out there and make money to get. I think that's most importantly. So anyway, thanks everybody for coming. I appreciate it. I like to thank the staff. What do I make it for dinner? I'm going to make, tonight I'm going to make a, it's a bronzini. I don't know if you guys ever heard of it, but you take a soul crust. I do it in a soul bed. I bury them and I cook them in the oven. Stuff them with all the seasoning inside, cook it. Makes it really nice and moist. Okay. I'm going to make a video on that though. It's a popular Italian dish. The old style, how they used to, you know, how they used to cook dish, fish without drying it out. Oh, there you go. Thank you very much. All right, everybody. Thanks for watching. I look forward to seeing you in the room. Don't forget to talk to the education advisor. Make sure you fill out your questionnaire, but don't go anywhere. We're going to play really a quick video right now. Me on NASDAQ. And this is a good one. You're going to like this video. This video is when COVID started. And they were to show you, I'm going to show you how Mindura, the stock, obviously the one that came out with the, came out with the, with the, with the drug to fight COVID, where it was like $20, $30. You're going to see how things starts taking off and people are going nuts on it. You definitely don't want to miss that. And you're all going to see it live, how else we're showing it on NASDAQ BookView. All right, guys. In the meantime, thanks for watching. Don't go anywhere. Watch the movie. And I'll see you all in the trading room. Welcome to NASDAQ Trade Talks. I'm Jill Melandrino, global market reporter at NASDAQ. Joining me at the market site in Times Square, New York City. We have Fausto Puglici. He's the founder and president of Cybertrading University. We're going to take a look at how traders are using total view. And Fausto could not be a better time to have you in with us at Marketplace because with everything going on the volatility we've seen in the market since you were with us in the middle of February last time. That was pretty crazy. Traders are asking themselves, what's the bottom? What's the top? But as a day trader, you can kind of get an inside look when you're looking at a single fact. What is Jill is that, thanks for having me again. And yes, when it comes to day trading, people realize that what happens over the course of the day was trickled down to a swing trade and to a long-term investment. And my phone's been blown up. People could ask me, is this the bottom? Is this the bottom? Because we're looking at the market all day. And honestly, this is how you really know when it's the bottom. When you have the worst of the worst of the worst news and just constantly old negative stuff and the market's not going any lower, that's when you know it's time to buy. So as you see, a lot of bad news keeps coming up and then obviously you saw what happened yesterday when they load the Fed rate by a half. It took for a big decline and all of a sudden the market's up almost like 900 points so far. And there's still a lot of bad news that's coming out with the coronavirus and everything else. But that's really when you know when you hit the bottom. So for some of the listeners out there that really were missed a boat when the market had a big rally, you only said 30,000, these are the opportunities. You know, honestly, it is like the same thing I saw back in 2008 when we had the financial crisis. So when you start seeing all the bad news, things start going up. All right, let's take a look at our example here today. We're gonna look at ticker symbol MRNA, now it's like listed of course. What are we looking at? Where's the level that you're looking to sell? Okay, so listen, what is MRNA? I keep bringing up stocks. And people are like, what is this company? It doesn't matter. We're just here to make money. The main goal about TotalView and you have to understand how it works, how to know where the buyers and sellers are. It's all about supply and demand. That's why it's such a great tool. So we're looking at a chart right here and we're looking at the stock right here. And the first thing people notice is like the stock's going up beautifully. Nice, look at the stock. Started this morning. It's at 2580, it's at 28, is it going higher? Now the goal is, why does the stock keep breaking out? It hits a resistance, it comes back down. It breaks the previous resistance, keeps going up. How do you know it's gonna keep breaking higher highs? And what we're gonna do this time is we're gonna bring a video so you all can see exactly what it's like to see in the real market conditions. All right, so let's move along to our next slide here. That's exactly what we're doing. Let's take a look at TotalView. I'm gonna let you take the reins. Tell us what's happening here. Okay, so we got like a little minute video here. So we're looking at some real time and the key here is time and sales. These are the transactions that are taking place. We're looking at level two. Level two is basically what people get for free but it doesn't give you the depth of data as TotalView does. Now the key here is that you don't see that many sellers out there. You're just seeing the best bid and best offer of that exchange. But you'll notice how the stock keeps going higher. What we need to focus on is the way you see the big sellers and you're looking for big orders. You got a 51 different orders out there right around 28, things are going so quickly. I tried to slow it down. So right around $28.50. So that is really your resistance level. So when you're looking at a stock going out, going higher, you're gonna say, is the stock gonna break out? So you see it's coming up to this guy right here really quickly. You see it's coming up. It's coming up to this person right here. 70,000 shares, 5,000 shares. So it's gonna come up to that seller. Now the goal is this. Is that guy gonna get executed? Remember, you have 100-chair sellers, 300-chairs, 1,000. You have a big order out there. You wanna see if that guy gets executed and you wanna see if that's how it breaks out. Remember, what makes support and resistance levels is buyers and sellers. So you got a seller out there. So we're coming up to that seller right here and now the goal is is to look right here and see if that seller gets executed. And you see it's coming up to the seller and boom, the guy gets taken out. It's actually executing it. Boom, boom, boom, boom, look at that. See all those trades and actions? It took the guy out. Now look how fast the stock goes up. From 250, we're at 260, 270, 280, boom like that. As quickly as that. That's why it's so important to know where the orders are, know where the resistance and see if the guy gets taken out. Now when we get to the next slide, look at it, we're already at 2880. Yep, and you can see it starts at 35,000 orders. Which is exactly, now this is the next order. Now the next question is, here's the next biggest resistance. There's a 33,000 shares. There's a hundred different orders out there. Now then that's where the next resistance level is. So the goal is, you hit a resistance, where's the next resistance? The next resistance is the next biggest seller. So now we're coming up to him and we're gonna see what's gonna happen when he gets to 29. Yeah, it happens so fast. Well, also, this is about a five minute video that I was able to capture when we traded the stock and I kind of speeded it up over about a minute so it doesn't move as quickly. Boom, we hit 29. The guy got taken out again and look at the stock just took off again. And the thing I wanna explain to you Jill is that, and your listeners have to understand, is that when you have a big seller out there and that guy gets taken out, that is a very big demand. Someone says, oh wow, I'll take that 30,000 shares and that's why you get the stock that really, really starts to take off. Now the next thing is that you're gonna get some resistance levels. It's gonna start backing off. There's always profit taking going on, right? So when you have profit taking going on you can see profit taking going on but the question is, is it really a profit taking or is it just people just, or is it really gonna go lower? In this case, it's not. Seller got done. Remember we just watched the stock go from 28 to 29. Now look at it, we're at 29.50 already. Stock keeps going higher and higher because those sellers are getting executed. As those sellers get executed, that means there's a demand for it. When you see big block orders out there it makes a bigger demand and that makes it higher. Now the next resistance level obviously is gonna be where we have to focus on where the next biggest orders are. So we got some, we've reached, right? We're done? Nope, we have a little bit more to go here. We slow down over here, yep, we're done. So the next video we're gonna show. Yeah we have to go to our slide here so this is where you're looking at those levels. Right, so we're looking at this seller so we have a 67,000 share seller at 28. So now we have to look what's what's what we call iceberg orders. What does that mean? Okay, so it's a funny story. So I came up with this word about 20 years ago after watching the movie, The Titanic. Okay, I should go watch that movie. Very sad movie, I definitely am recommended. So anyway, what happened to Titanic? It hit an iceberg and the thing is everybody was focused on the pretty of the ship and above the water. They didn't realize it's not what's up above the woods at the bottom of the water. Icebergs are really big so it happened, it crashed and it sunk. So what we're looking for is big iceberg orders which we call, some people call them big block orders but when you see a big big order it's called an iceberg order. So now we're looking at a 28, 90 and we're looking for a resistance. Once again, stock's going higher. We need to focus on the next resistance level. All right, which is on the next chart here. Particularly, yep. So here's just a quick little screenshot. So as we're looking at it, you see it's a lot easier when you're focusing on when you're just looking at the level of the total view and it's easy to point it out. Now please keep in mind, you'll just have to understand we're fast-forwarding this pretty quickly to get to the point. It doesn't move this quickly. But I'm showing right here is the quick screenshot. What we're focusing on is this big order right here for 73,000 shares and there's 30,000, there's 315 different orders out there making up that 73,000. Now, the thing I just want to point out is I just want to teach everyone a quick little lesson. Don't ever sell anything at 30 dollars. Go out of 29, 99. You just cut the line by. So that's for anything, that's an even number. Biggest trick I was taught by my mentors when I was younger is, listen, everybody's going to think 30. Everybody's going to think 20. Go out 21, 99. You just cut the line by 73,000 shares. That's a very good lesson. It's like selling a house or buying a house. It's like those incremental psychological levels. Well, if you remember, if you look at it, the stock has a penny intervals. Every, so that's a little tip. But the thing is, let's focus what happens to the 30. You know, just right off the bat, you know that's a major resistance level and that's what we have to focus on. That's, for this to stock to go any higher, it's got to get through that 73,000 share seller on total view. All right, well let's take a look at that. Next slide, see if it happens next. Now we're going to get the other piece of the trade. Okay, so here we're, now we're looking at the stock moving. Here's 2945, 2948, 62, 67. So the sellers are getting executed. You can see the transaction's taking place, but we know that there's that guy sitting right here. And now his order's coming up. Look, as he's starting to make up the ranking, it's getting up to 30. It's getting close to him. Let's watch what happens. 74, 70, look at the transaction's taking place. It's trying to get there. And by the way, those orders, they're all real. People think like they're fake. Those are real orders. Can a guy cancel it? Of course they can cancel it. But that you have to take very seriously and that's a real order out there. So now as we're looking at it, and as it's trading, it's trying to get there. Actually, it kind of almost tested it. You see that right there? Yeah. See that candle right there? And now it's starting to back off of it. Now you're starting to see the red candlesticks. So now it means that the last sale is lower than the previous. And this works for all kinds of stocks. ETFs, would it work for ETFs off of them? ETFs, futures, it works the same way. Remember, it's the move in the stock that makes all those other things. ETFs and everything else. You could look up any ETF and it'll come up on total deal. Look, now we're down to 29. So my point that I'm getting to is this. If you didn't have a game plan, Jill, and didn't know that that seller was out there, and you try to play. And actually, if you go to the next slide, this is exactly what you were talking about. There's your level right there. If you didn't have a game plan and knew that seller was out there, and look at that candle, that stock literally moved. Look how fast it moved in that one bar chart. If you didn't have a game plan to get out there before that guy was out there, and if you didn't, what we call shaving, if you didn't shave just before that 30 and cut that line, guess what? You would just look how much money you would've lost. That stock didn't even drop from 30. Look where it went to. Well, that had been 30. You would've got crushed on that trade. Because what happens, if that seller's out there and he's not getting executed, he really has to sell that order, Jill, how's he gonna get out? He's gotta sell to the buyers. If he hits the bid, he's learning that stock down, not you and I. Remember, we're not trading 74,000, someone else is, but, and it's not one person. We saw it, it was like, there was several people out there doing it. And that's how you gotta focus on using the total view when you trade in today's volatile markets. All right, so cool to actually watch it happen in real time. Thanks so much for doing that for us, Valstow. And thank you for joining me on Trey Talks. I'm Jill Malentrino, Global Market True Porter at NASDAQ.