 First off just want to thank everybody for joining us today. Thank you for being part of the navigation trading community We are super excited to have you with us this afternoon Can't wait to share with you the information that Ophir and I have planned for you Just make sure you're free from any other distractions close out any other websites turn off your cell phone All that good stuff We want to make sure that you catch all the value that we have for you today And as a way of showing you how much we appreciate you attending I do have a free gift for attending today So I'll give you the details near the end of today's web class. So make sure you're you're here towards the end I really think this is going to be really a huge game changer for you in your trading I think it's going to help take your trading to the next level not only from potential profitability But really that consistency that you that you want with your trading, you know When I first started trading gosh over 16 years ago We didn't have close to any of the technology that we have today Now I basically had to make hundreds and thousands of trades on my own with real money Before I necessarily figured out if the strategies worked or not You know if I would have had the software that that Ophir is going to talk about today Not only would have made me a more profitable trader But it probably would have saved me thousands of dollars in bad trades And you know if you've been part of the navigation trading community for any time at all Then you know we are ultra focused on placing trades based on statistics and probabilities Not hype or emotion Or our opinion of what we think the market's going to do etc You know successful trading means not guessing on trade strategies strategies, but actually using statistics and data and analytics to back up our strategies And many of you have have probably seen me use the cml the options back tester in my courses and my trading videos And this software is really proven to make my trading much more consistent And as a newer trader it can really give you the confidence to place trades based on how the trades have performed over a significant number of occurrences Now we some of you have probably recently taken our newest course how to trade options on earnings Which is all about how we profit on trading options around a stock and their earnings announcement Uh, so they're very specific strategies that you can use to profit on stocks leading up to an earnings announcement During the earnings announcement and after the earnings announcement And and the problem is with most traders, they'll find a strategy They'll learn one strategy like an iron condor for example And they try to trade it in all environments And that's why a lot of people lose money trading because they don't understand When and what strategy to do And so what we're going to show you today, you know fear is going to dive deep into this is We're going to show you how to choose the right strategy at the right time And this goes for earnings trades and it goes for our core income strategies like iron condor strangles butterflies calendar spreads Etc. So I think the information we're going to share today can literally change the way you think about your trading And with that I'll turn it over. I'm super excited to introduce our our guest and the and who will be hosting the rest of the Session today. His name is Ophir Gottlieb. He's the ceo And co-founder of capital market laboratories cml His history includes being a former market maker on the new york stock exchange He is the inventor of the forensic alpha model and co-inventor of the accounting and government's risk model Which are both uh both now owned by msci So his contributions to the trading industry In the area of advanced machine learning and quantitative finance have earned him significant notoriety in the financial media He's been featured in the wall street journal bloomberg barons forbs dow jones yahu finance market watch you name it Yeah, he's often seen on financial television around the country So, uh, we're really excited to have him help us out today. And with that, I'll turn it over to you. Ophir. Ophir Gottlieb Thank you, steve. Uh, what a wonderful introduction. Thank you so much and thank you to everyone who's joined And uh, I think we can all say a good thanks to steve for creating navigation trading Uh, before I start just got to give a little disclaimer. It's on the screen. I'll have to read it, uh, officially So the results here are provided for general information purposes as a convenience to the readers or the viewers in this case The materials are not a substitute for obtaining professional advice from a qualified person from a corporation Please note that the executions and other statistics on this video are hypothetical and do not reflect the impact If any of certain market factors such as liquidity and slippage. Okay, so that was said So, um, I really appreciate the introduction From steve. I don't need this here anymore Okay Um, today we're going to talk about three types of trade approaches. Um, and as steve said a lot of it's going to be Surrounding earnings. We'll start with momentum trades Which are really just directional bets with options based on patterns. Okay and, uh We do this trading analysis We're going to try to answer once and for all, you know, does momentum trading actually work We're going to answer that empirically and explicitly Uh, very much like steve said, you know, it's it's it's there's it's good to have a gut with trading But for most of the time you want to have some hard evidence to know that the strategy you're taking, you know That there's some veracity to it, right? I used to say that earning season is like disneyland for auction traders and i'll tell you why I like that analogy Um, when you go to disneyland, you want to have the most fun possible but you're limited, right? There's only so many rides you can go on and of course the limits are the lines and the time Well, the goal is to have fun. So for trading fun means profits It's just pretty easy to measure And the lines that are limits of disneyland for trading. It's our capital So we're going to try to get on the best rides so the best trades But we have to keep an eye on making the best use of our capital, right? We don't have infinity dollars. Okay So for the thrill seekers for those of us that rush to the roller coasters We're going to start with momentum trading And then for those of us that like maybe some high win rates, but aren't necessarily seeking the highest risk We're going to talk about non directional option trading As well as some of the wildly false narratives that surround this strategy, right? So there's this idea that somehow owning volatility is a losing strategy And that's simply not the case and we're going to prove that empirically and explicitly as well So i'm going to play a video Uh, we like videos because it allows us to get a lot of information in very quickly So it's a 16 minute video, but in real time and I recorded it was actually an hour and a half So that's the power of video editing and having a script. So i'm going to play a video Which is going to talk about momentum trading. It's going to talk about technical trading It's going to talk about trading before earnings and after earnings It's going to talk about non directional trading with options before and after earnings It's going to talk about buying volatility and selling volatility and then i'm going to come back live We're going to answer some of the questions that you've given us over q&a And through that conversation, uh, it will lead us through other demonstrations of the tools So for now, i'm going to start off with a video Which is just going to get straight down to answering the questions that we need answered if we're going to trade successfully Let's talk about answers Does momentum trading actually work? I mean, we've all had great momentum trades and we've all lost on momentum trades But empirically does this work? And if so, when has been the best trade entry? Which stocks have worked the best and what has been the best time to exit? What are realistic average returns? What are historical win rates? If momentum trading has worked in the past, it should be empirical and explicit And that's it. Also, how about technical analysis or technical trading? Does it really work? It's all over social media and fintech news. And if it really does work, okay, then Which indicator has worked the best historically on which stocks at what times when has been the best time to exit? Again, what are realistic average returns? What are historical win rates? It doesn't matter how much noise there is out there if technical analysis works The results should be empirical and explicit That's it And what about non-directional option trading? Has there been a way to profit from this low volatility world? This low VIX world? Without making a directional bet without betting on a bull market continuing Or even more abrupt if we go into a bear market or a correction? Again, empirically does this work? And if so, when has been the best trade entry? Which stocks have worked the best and what has been the best time to exit? What are realistic average returns? What are historical win rates? Answers That's what this is all about We're going to cover all of this and we're going to do it pretty quickly We'll start with momentum, then technical analysis combined with momentum, then non-directional history. All right, let's go. We're going to start with momentum We'll start with our first pre earnings pattern I call this a directional bet on optimism So one of the least recognized but most important phenomena surrounding this bull market Is the amount of optimism that sets in the two weeks before earnings in the mega technology stocks We're talking the fang stocks Now this is totally irrespective of whether the stocks have a history of beating earnings In fact, many of them don't But in the two weeks before earnings there is a massive momentum rally into the event What the scanner will help us see later is that while there is this two week pattern Sometimes one week or even just three days presents a better trading window Both with respect to consistency of the win rate and of course total returns We'll start with two weeks here and address the other time periods when we cover the scanner Let's look at a simple idea Let's just buy a monthly call option and alphabet Two weeks before earnings and selling the call before the earnings announcement So we'll get long a call, we'll go to custom earnings handling We'll open the trade 14 days before earnings And we will close the trade one day before earnings We are not taking an earnings bet This is a pre earnings trade And here are the results We can see across the board This has been a winner And just to see what's happening, we can look at the stock price This is a two year stock chart of alphabet Where the blue E-icons represent the earnings What's so interesting here is that while the stock almost always rallies before earnings You can see that with these little yellow arrows into the earnings The stock goes down off of earnings a lot In fact, that's what these yellow rectangles are This is how many times alphabet missed earnings It's just a coin flip But it never interferes with this optimism This bullish momentum While we're looking at this, we might as well look at the rest of fang So I'm just going to put the rest of the tickers in here Comma delimited As I said, this works with all of the mega tech stocks But what we need to do to find the best trades is to focus on the win rates Netflix and Amazon are a coin flip Even though the returns are positive These aren't the best of breed But a good trade turns into a great trade Only after we do risk control So let's drop a tight stop on these calls And also a tight limit We'll go down to the close trade one section We will close these long calls If they go up by 30% in a two-week period And we'll also close them if they go down by 30% in a two-week period All of a sudden, the trade is clearly an alphabet in Facebook Not Apple, Netflix, or Amazon So let's focus on those two Now we can see the staggering returns And we can see 15 wins on one loss If we held these two as a portfolio And just so you know, we're not pulling a fast one on you And that calls always work on these companies We can just look at the 15 days after earnings So we'll open one day after earnings And close 15 days after earnings And these trades are actually negative So this is in fact a pre-earnings momentum trade Based on the personality of this bull market While we're here Let's go ahead and look at another trade that's very similar We'll go to custom earnings And this time we're going to look to open the trade Just one week before earnings So seven days before earnings And closing it the day before As opposed to the two weeks before earnings trades We looked at with Google and Facebook And this time we'll look at Nvidia So we're going to buy a call Seven days before earnings Close it the day before earnings We'll put a stop and a limit And we'll look at the last three years And here we can see with Nvidia 11 wins and one loss With a 1,352 total return And if you're wondering how I knew to look at Nvidia A week before earnings This is how We're going to introduce the Pro Scanner Which is available to trade machine pro members We select Pro Scan Then we select Buy Strategy We can choose any grouping of stocks But for now we'll use the S&P 500 Since we're looking at pre-earnings momentum trades We're going to scroll down to the pre-earning section You'll note that we scan for 14 day, 7 day And 3 day pre-earnings momentum trades We'll select the 14 day Since that's what we're looking at with Google The scanner automatically sorts the results by win rate And since the 14 day scan Does not use a stop or limit The highest win rate in this group of tickers Is actually the Tech Gem Akamai With 10 wins out of the last 11 earnings sessions For a 91% win rate We can see a 38% average return per trade And that includes the one loss That's over 38% for just 14 days The total back test return is 426% Finally we can see Google And here are the results Before we put in the stop or the limit We can also sort our results by the total back test return So this is for the trader That's comfortable with the back test That has shown a lower win rate But larger returns Let's now look at the one week back tests And just look at the 3 year results So we'll tap on 7 days And we'll deactivate the other buttons We can see Nvidia here This is a tech darling that has had immense Pre-earnings momentum Showing 11 wins out of the last 12 pre-earning sessions With an average return of 39% in a week Or 493% For those of us that like trading the tech names We can select the NASDAQ 100 And sharpen our scan results We can find a familiar name as well Which is Microsoft at the top of the list Which has won for 3 years in a row The one week before earnings Showing an average trade return of 50% per week Microsoft is one of those curiously forgotten tech names Let's let the rest of the world forget about Microsoft We will not Now this 7 day pre-earnings back test And the 3 day earnings back test Which is really just a tight swing trade Do in fact implement a stop and limit of 40% This is our first exposure to the trade machine pro scanner And all we have done so far Is just look at a very small subset Of another subset Which are pre-earning scans The momentum patterns But this leads us to one of the other benefits of the pro scanner We can simply click on a ticker And it will load the back test in our trade machine for us So let's click on Microsoft And here are our Microsoft results 12 wins, no losses And down here is where the limit gain And the stop loss have already been implemented We can click on custom strategies And we'll see we are looking at in fact This one week trade So we finished step one We found answers for momentum trading Yes it does work The trade entry can be 3 days, 7 days Maybe even 14 days before earnings The scanner shows us which securities Have worked the best in the past It shows us when to exit Using the stop loss and the limit gain It shows us what the historical returns are It shows us what the historical win rates are So has momentum trading worked? Yes it has Now let's turn to technical trading While there are hundreds If not thousands of technical indicators In the trade machine we focus on very few Right now we're going to focus on What has been called the TTM squeeze First discovered by famed trader John Carter This signal is actually a combination Of three technical indicators to make a single signal And that signal can either be bullish Or it can be bearish Now it's always important to understand Precisely what a trade is doing So to understand this signal We have written a full blown dossier With the videos linking back to John Carter's discovery several years ago You get to the dossiers by going to the discover tab And then looking under FAQ You can go to Technicles in the TTM squeeze And when you tap on that link You get a full blown explanation of how this works So not to run too long We're going to skip a description But remember the details are available Through the discover tab And there is never an excuse to trade Without understanding the facility behind it And while this might sound complex As we've introduced it Like most technical trading it really isn't It's very clever It's very useful And it's also very easy to understand So now we will look at technical trading with options And we won't pay attention to earnings at all That is we are looking at technical momentum As opposed to pre earnings patterned momentum The idea behind the squeeze Is that for the vast majority of the time Stocks tend to move pretty quietly sideways Then they move abruptly either up or down And we're not talking about those big earnings moves That is we're here to answer the question We pose at the top of this video Does technical analysis work? Here we go We'll stick with Microsoft We'll get long a call We will do nothing special with earnings And we will tap on the bull squeeze We'll go to our settings And we're actually going to set the start date to five years ago So we're going to get five years of data And here are the results Before we even look at them Let's tap on the back test tile To see all of the trades You can download all of this data into Excel And if we do that We can see how infrequent the signal is It turns out that over this five year period Which is 1,824 days The trigger was live for only 218 days Or 12% of the time This just gives us a great feel For what the signal looks for And the unusual periods When a stock is making an abrupt move Now let's look at the results We can see 18 wins and 4 losses For nearly an 82% win rate With a 664% return It turns out that the average trade time For this in Microsoft was just 10 days Let's just look at another fang stock We'll type in Facebook Here with Facebook We see 16 wins on 4 losses Or an 80% win rate And another staggeringly large return But here's the real power Or really the piece of data That makes this technical signal so powerful We've been in an historic bull market For more than five years So it makes sense that the signal Will work during a bull market But it should also help identify the times When being short the market Or with options Owning puts has actually worked And we don't even have to get fancy with it Let's just look at the Dow Jones industrial average Through its ETF, DIA So we'll type in DIA And we'll look at a bear squeeze And buying puts Now we can see the results of buying this puts With the bear squeeze While in the middle of a raging bull market We see a 332% return On 10 wins and 1 loss And if we tap on the back test tile We can see that the average return Is 29% Now this isn't a silver bullet When the trade lost It lost more than 17% But this shows the power of this technical indicator Even in the midst of a bull market There are periods where getting short the market Through getting long puts Has been an enormous winner So that's it We wanted answers to these questions Does technical trading actually work? What is the signal for trade entry? It's either the bull squeeze Or the bear squeeze And where do we find discovery of the companies or ETFs Where this has worked the best in the past? As always, it goes back to the pro scanner And now we have completed step two We have with great specificity Questioned, tested, and discovered The results of patterned pre-earnings momentum And technical momentum Irrespective of earnings Our final task now is to answer What about non-directional option trading? And here we go It's long been believed And proven That simply owning an at the money straddle In most stocks Is a loser In fact, we can do it with our back tester Looking at Google Here it is Getting long a straddle Doing nothing with earnings Over the last three years Buying the 30-day option This trade has only a 41% win rate And is down 57% over the last three years But we started this discussion with the question Which is What about non-directional option trading? Is there a way to profit from it? Without betting on a bull market continuing Or even more abruptly Even if we go into a bear market or correction And we want empirical results Does this work? And if so When has been the best trade entry? Which stocks have worked the best? And what has been the best time to exit? Since we've seen normally owning a straddle And Google has been a loser Let's try something different We'll come down to custom earnings And now we'll look at opening the trade One day after earnings And closing it The week after earnings That is, it's a one week trade Right after earnings So the stock does its gymnastics after earnings We wait a full day Then we buy a straddle With the 30-day options And here are those results Over the last 11 earning periods It has won nine times and only lost twice With a 263% total return Remember, when we did this Without using custom earnings dating It was a 57.5% loser We can find dozens If not hundreds of these opportunities Where owning volatility looks like a loser And the market believes it to be a loser But timing it correctly around earnings Has proven to be a gigantic winner And the answer of course Whether it's before earnings or after earnings Is in the pro scanner So we go back to the pro scanner We go by strategy We pick our ticker group In this case we'll just look at the S&P 500 We have the seven days post earnings Long straddle Which we looked at with Google Or if we prefer We can look at seven days pre earnings Or even 14 days pre earnings So these three scans Find us the companies Where owning volatility Even in this low VIX world Has been a winner So we can't answer empirically It does work We do know the best trade entry We do know which stocks have worked the best And we do know the best time to exit By using our stops and limits We started this discussion Saying we wanted answers to three questions Has momentum trading actually worked Has technical analysis actually worked Has non-directional option trading actually worked And if so We should have empirical and explicit answers For each of those We've answered our questions And we have been empirical And we have been explicit There are other questions That the trade machine can answer Like Has non-directional option trading While selling options worked And if so When And in which securities And what are the historical win rates The trade machine was built To answer questions for traders It was built to be empirical It was built to be explicit And of course It was built to be easy to use There's so much more the scanner has Including custom portfolio building But for now We've succeeded in our goal We have answered our questions And we hope you are a more powerful trader For watching Thank you for your time Now of course We just focused on earnings related trades If you like trading the actual event We have a button for that You can just click Only trade earnings And test any strategy you want Whether it be custom or pre-built During the earnings event And of course For all other times You can always just select Never trade earnings And you can do the same thing You can create your own custom strategy Or pre-built strategies And finally it bears repeating While we just looked at the fang stocks We cover every stock And every ETF And every index in North America as well The opportunities are there You just need to find them So this is it This is how people profit from the option market It's preparation, not luck Thanks for watching Okay, so that was the video I'm going to now go to the trade machine Live And just kind of take a step back We'll get back into trading We'll get back into Q&A But I just want to take a step back The back tester has three pieces to it Okay So the first part is just the back test tab And this is where we would do something like Look at Google Owning a call Or actually let's do the straddle Custom earnings And yes, this trade is coming up in one day All right And then we set our deltas All right So this is how This is what it looks like to own a straddle One week after Google's earnings So after the big event After tomorrow Okay So that's the back tester Okay And you can add up to five tickers By putting commas in here Okay The next thing is the pro scanner Which I'm going to get to in detail in a second Okay And the last tab is the discover tab In the discover tab We send three market insights a week So for example We sent out this After earnings Google trade Right here Trading Google options Right after earnings And if you were to click on it It takes you to a dossier Which shows you exactly step by step The interesting back test Now we are not an advisory service But we do pick up on back tests that are relevant to the time And that we find that are interesting And then we tell you why we think they're interesting And we also tell you how to find them Okay So the back tester is three tabs, right? This is where you do back tests This is where you scan And this is the discover tab Also the discover tab is a full users manual It's a video So there are a lot of little intricate details About the back tester that you want to know about It's only an eight minute video It only takes less than 10 minutes to figure it all of this out And it's just helpful to see it And then we have manuals on everything else By manuals I mean videos on the scanner A lot more detail on the opportunity In earnings options trading before and after It's even more detailed than the video we just saw And things like that Also details on the technicals, the TTM squeeze I'm just going to take a second And go to And go to show you just a few more things in the scanner Okay, first of all What we do on the you go buy strategy in the scanner And then you pick your ticker group For example and ask that 100 And then these are all the trades That we scan for The TTM squeeze So that technical indicator you saw Is going to be in the product by the end of this month So where it says You know, never trade earnings right here There's going to be two more boxes It'll say a bull squeeze and a bear squeeze And when you run that scan Not only will it show you the companies Where this technical indicator is working the best It will also tell you exactly when a company is in a squeeze And at what price the trade would start Okay, so it'll be really explicit By the end of the year We'll also have alerts in there So you can sign up for text alerts Or email alerts if you want to To know when a certain stock is breaking out Or when when earnings are coming up for a stock Things like that Post earnings We looked at the one week straddle That's after earnings But there's also the 21 day post earnings Short iron condor This works particularly well with companies That after the earnings event They tend to kind of fall into this equilibrium So I'll just run the scan very quickly And I will sort by the win rate All right, so you can see here's Facebook So Facebook generally after earnings I can actually click on this back test For the last three years This trade has won 11 of the last 12 times And I'm just doing a 35-15 iron condor I'm opening it two days after earnings So I'm letting the stock have two days Of kind of gymnastics after earnings And then holding it for three weeks And then I have a stop and a limit here Set up 40% Okay, so we have that We also have short put spreads The month after earnings And this is a pretty unique to a bull market After earnings, even if stock Just totally craters and blows itself up If you wait a day after And then just sell a put spread For many of these liquid tech names That tends to be all right Which is to say that in the day following earnings All of the reaction kind of comes out The stock just vomits on itself And oh my god, it's terrible Or if it's good news like, oh, it's amazing And then it just gets pretty calm And so you can say that works really well In T-Mobile, for example And some other names that I'm sure you're familiar with Apple is the one that I'll bring up Because Apple has earnings coming out November 2nd But the best trade we've found In Apple is in fact not before earnings But rather right after earnings You can see I did it over the last two years as well So eight winners in a row Okay So those are the post earnings trades The pre earnings trades We have the three-day, seven-day, 14-day momentum trades That's just like buying calls, directional bets And then we also have straddles We also have a custom strategy Which is a vol scalp I won't cover it now But for those of you that consider yourselves Option experts This is an option expert trade Where you're buying one straddle That's 30 days away And selling a straddle That's one week before earnings And it's a vol scalp It's a pretty low risk trade And it's very few times that it works But for the companies it does work It tends to work consistently And you can see that here, for example In Facebook and Amazon and Vidya and Baidu Before earnings It tends to work very, very well Okay Another part of the scanner Is that you can actually just put in a list of tickers If you're only interested in certain companies So I'm just going to just for the sake of this I'm just going to put in the fang stocks A double A, double N So Facebook, Apple, Amazon, Netflix, and Vidya And Google Okay But you can put up, you can put up to 100 stocks here And then you just click outside the box And now it's going to show you every single strategy For just those tickers And then you can sort by the strategy name Or you can sort by the win rate And this is how you actually create a portfolio Of option trades, right? You don't want all of your option trades to be bullish You don't want all of your option trades to own volatility So if you've got a bullish trade on Maybe you should have, you know, a bear squeeze on Or if you're owning volatility in a stock Maybe you should sell an iron condor with another stock And so this is how you create your portfolio of trades All with high win rates in the past And so feel free to use this part of the pro scanner Again, just put ticker's comment to limited And you can put it up to 100 If you're using Google Chrome You can actually even move this little text box If you don't have Chrome, you won't see that But it's okay, it still takes 100 tickers So that concludes my formal presentation There is one question that I wanted to answer That was asked here and I said I would answer it live And the question is Do you have a filter based on IVR or IV percentile? So we don't have IV percentile as a filter yet It's coming The way we work with the trade machine community Is that every month we send out a poll We ask everyone what they want And we get thousands of responses And people tell us what they want and then we build it So the scanner is less than a month old Everyone said they want it when we built it The technicals that we just added Or that are coming in five days That was the one that won the poll last month And in a few days we're going to be sending out another poll And say, okay, what do you want? And IV percentile is always on there As well as some other things Like new scans and things like that So the community determines what we build And that's because we build a tool for you We're not a successful company Unless this is helping you trade Otherwise the software is utterly useless So that completes my formal presentation I think Steve wanted to tell you something About an offer he has And so Steve, if you're ready You can go ahead and kind of take control of the screen So there's actually a couple more questions Oh, fear that I Well, I did that one thing I didn't do it Either of us a service, I'm sorry There is a special right now on pricing, I apologize Normally the trade machine pro that you saw Is $99 a month It's going to go up to $129 a month When we add the technicals But through navigation trading There is a special right now Where it's only $69 a month We go month to month Here's the URL Feel free to sign up So it's cmlvis.com-nav-t Now while you will see the people paying $99 Or $129 a month We have a deal with all of our members Once you sign up for a certain price That's it Your price will never go up And so at some point Trade machine will be so full Feature that there will be a version That costs $500 a month You will have that version but for $69 a month And so that's the special pricing That we have with navigation trading This pricing ends at the end of the month As we start adding our technicals And we build the features out So this is the URL And just to make sure you are on the right page It's going to look like this You'll see both logos Navigation trading Capital market laboratories Okay And then you just scroll down You can see the videos and everything So this is the link to get the discount Just note that we go month to month And if you sign up and after the first couple of weeks You're just like, you know, this just isn't for me We always give a refund for the first month So anyone who doesn't like it after the first month It's just no questions asked We don't prorate and give you back $27.17 Or something We just give you back your month We're only successful If you're successful There's just no purpose in keeping a one month subscription If you didn't like it All right, sorry about that See you didn't interrupt Go ahead No, that's great Thank you That was one of the questions The other question that Sri had was As far as right now it backtests up to three years Is there So actually How far will it go? Yeah, so that's a great question So this is since you're on this webinar You get a little special treat It looks like the backtester only has three years Right, so here Turns out that if you go to the settings Okay, so that's almost everything the backtester Is set up through the settings here Actually, my air conditioning just clicked on Give me one second I want to turn her off Because I have a feeling it's blown my mic up Hold on just one second I'll be right back All right, sorry about that So one of the dangers of living in LA Where it's 103 degrees on October Okay, so if you go to the settings gear This controls all of the Custom features for you So for example, the number of contracts You want to trade your commissions The deltas you're looking at You can actually go to the start date And we actually do go back five years So you can just type in 2012 And all of a sudden you're going to get a five-year backtest So while it seems like There's three years of data There's actually five And there's actually more than five Because it keeps building So every day gets longer It's actually closer to six right now So, yep And then another question from Grant was So when you When they sign up for the scanner backtester They're going to automatically get updates With the different emails that you send out As far as potential candidates That you've found as far as potentially good trades Correct So it will always be on the discover tab But we send these as emails So for example today Today's the 26th Every member of trade machine Got this email about Marriott There's sort of There's a double pattern going on One week before earnings of Marriott This is actually Here I'll show you We talked about Marriott Last earnings season Oh, how funny Yeah, so on August 7th On July 31st We looked at it and it worked for us nicely Turns out there's a second pattern We found inside Marriott Which is similar So we just sent that out So yes, you get these by email Or you can always go to the discover tab To see a full library of them Yes And Stanley asked What is the learning curve? I would tell you this I mean if you have Any experience trading at all Navigating through the CML trade machine The back tester scanner It is simple I mean I literally picked it up Just using it a few times So it's put together very well Very easy to use Very user friendly Yeah, and thanks for that Steve We certainly make it So that it's usable But there is a full users manual And just to show you How easy the back tester is to use This is like a comprehensive review Of how to use the back tester It's 8 minutes and 48 seconds In 8 minutes and 48 seconds We go through the entire back tester This is not about trading This is about how to use the back tester Right We go through here I'll show us Going to cover the full So we go through 10 chapters In about 9 minutes So yeah The learning curve is fast Also in our dossiers So here's the Marriott one we sent We just automatically tend to be educational So we say, hey, this is why we're looking at Marriott Et cetera, et cetera But as we do it We say here's how you would set it up Here's where you put your stops and limits Here's how you find it in the scanner So everything we send to our community Is automatically educational So the learning curve is fast And we try to help that With everything that we send out to the community And then, oh for your honor I don't know if you have If you can do this quickly But we had one question Asking about testing calendar spreads I know there's a way to kind of custom work your way through that Sure, yeah, so that's a great one I'm going to show you a ridiculous calendar spread That I found accidentally But the way you build a calendar spread Is so, okay If the strategy you want to do is sort of generic You can just click call, put cover call Put spread, et cetera, et cetera Or go longer short But if it doesn't exist like the calendar spread You just build it yourself So let's build a calendar spread So you click custom And you click add Oh by the way, before I do it There's a video right here that shows you how to do this So you don't have to memorize this Everything we have is in the discover tab It'll show you how to do things So for example Somewhere in here we have the custom strategy builder And so it's all there for you But let's actually do it I think it's a really worthy idea So let's go to custom Add I'm going to go long a 50 delta call That's 30 days to expiration Just click add Then I want to short a 25 delta call every week And I keep selling that 25 delta call Against my at the money call Now careful here So if you select close our legs with front month options It's going to close everything at once We don't want to do that What we want to do is have this weekly option Keep getting sold against our long option And then we just call it You know we'll call it Call call cally Oops My caps are gone Let's take that off A call cally Call calendar spread Okay And then we just save it And now that's available to me Here's something pretty cool that I found I think it was an XLF Let me go nothing special Let me go three years So what the back tester is going to try to do Is look at doing this call calendar spread For the last three years It's a lot of tests, right? Yeah I'll bet you didn't know that That buying an at the money call And the XLF And selling a slightly out of the money call Every week against it Has returned a thousand percent in an ETF And in fact if we go further back Let's go back five years So this is a pretty heavy back test So it might take a second for it to load Because it's doing several hundred trades Yeah So you know Obviously we have to be very careful When we see large returns Because at that point It sounds very swarmy Like yes, 2000% returns We're obviously not saying that's going to repeat But just to show you It really does matter Which tickers you look at And what I mean is Let's look at it versus the SPY The NASDAQ 100 And the Russell 2000 So let's see Like is the XLF really different? Or is this just a bull market? And this is what happens in a bull market, right? And this is going to be This is going to give you empirical and explicit results It's not just because it's a bull market Obviously being in a bull market is helping this trade But it is not identical for each security So I'll just let it do its thing In the meantime Are there any other questions? We'll just let this load Looks like we had a question from Paul Is the pro scan and discovery tabs included in the $69? Yeah, so that includes the whole pro Software which includes the future features That will be implemented as well Correct, so I'll put that URL up So everything you've seen here As well as the technicals Which aren't in the product yet They're coming in the next five days Those are all included in the $69 price And so essentially what it means is that You're getting a subscription to what is called CML Trade Machine Pro Trade Machine Pro grows So two months ago Trade Machine Pro didn't have a scanner Now it does It's going to have technicals in five days And when I speak to another group of people In a month from now, I'll say Last month, technicals didn't exist The product keeps growing Your price doesn't The price for other people will Right, so we continue to raise the price On the trade machine Trade Machine Pro Because every time we add more features To the back tester It actually becomes computationally More expensive for us But no member's price ever goes up The only exception to that Is of course if you cancel If you cancel and come back You're going to be at the prevailing price Which some people have done Okay, let's see at our back Okay, so this is still a cranking out But just look at the difference This is the XLF in this call calendar Here's SPY, QQQ and IWM This is the Russell 2000 So okay, we can at least say All right, it's a bull market So it's always going to look green And gorgeous and yay If we could predict the bull market That would be great Still, if you're going to do this trade It's wild It has been wildly better In the financial sector Than it has been in the rest of the market These numbers are four or five times larger Right, so it actually does This is part of the power of the back tester Which securities Do you want to try your strategy in And you can test it empirically and explicitly You said, put that URL up again here Okay, are there any other questions Or Stanley asked, does the software Is it able to show any adjustments that you make So in our courses for iron condors For example, we have a very specific Mechanical way of adjusting And no, that's not going to be It's not going to be able to be shown In the back tester Unless you kind of piece it together With a couple different trades Right, or I suppose you could create a custom trade But yeah Great, all right, so I feel I'm going to keep scrolling through these Sri said, I'm not an options expert I've been using it for two weeks It's easy to use It is options for dummies Very, very That's great All right Okay, great I definitely recommend If you sign up We in our welcome email We send you a link to the We could call it a users manual The eight minute users manual It's kind of dry stuff Because we're not really talking about trading It's a really valuable eight minutes Within eight minutes You will know how to use the trade machine fully And just one example of that Which is easily missed Let's say you have this trade Like, ah, this is amazing I want to share this Or I want to save it If you click Well, first of all, you can share it On Twitter, I'll just do it right now Here, I'll just share it on Twitter But you can also save the address To a back test by clicking here So if you copy and paste this And put it somewhere I'll just show you a copy right now If I open a totally new browser Right, it's a totally new browser And I paste that in there I get the back test back It's all the companies I looked at All of the specific settings And so you can share back tests With people You can even share it with people Who don't have subscriptions But people who don't have subscriptions Can't do anything with it They can just see the results So if you ever have a question About a back test And you want to contact support The first thing we're going to say is Hey, don't send us screenshots Send us the link to your back test And we're having to take a look So just something to keep in mind And this, Ophir mentioned this The price will be The regular price will be going up And when that goes up Our special for navigation traders Will go up too And that's going to be November 3rd Friday, November 3rd So if you're interested Make sure you get signed up Before that price goes up So you can lock in that lower rate Okay Yep And just so you know that we're not Uh We're not kidding So we have I would say I'd say At least 25% of our subscribers right now Are paying $49 a month So when we first introduce the traders here As for now We just keep escalating And so Yeah, there are people who are going to Essentially have a $500 a month product Paying $49 a month Or $69 a month So it's It's pretty cool I think the way I think the way we do it is fair We give our early adopters Let's say the first 2,000 people Who signed up a really great price And then the people who discover us a little later Yeah, they're going to be paying A few thousand dollars a year for the software See, Stanley asked another question Said Can you show us how to set up the trade? All the different trading strategies Are a little bit different We have a lot of Free videos and content And then really in-depth detail In our courses About all the different strategies About how to set up each trade That's kind of beyond the scope of this This web class Okay, excellent I know, Fear, if you're done I can take the screen And I just wanted to provide Provide our community here With a free gift for attending today So thank you everybody for attending Before I do that Anything else, so, Fear? No, that's it Thank you so much for everyone attending And thank you, Steve, for letting the navigation Trading community see the trade machine And we really appreciate it And feel free to take over the screen So hopefully you should see my screen now We do Do you see the trade hacker's ultimate playbook? Yes And my screen, okay So what I'm going to do For everybody who's attended here today I'm going to give you our e-book It's a 56-page document That details all the different strategies That we teach in our courses 19 different strategies From iron condors To strangles, straddles Put vertical spreads Call verticals Every kind of spread really You can think of It's all detailed and laid out A lot of our members use this As kind of a cheat sheet They've printed it off And just kind of keep it on their desk While they're trading To kind of help them with setting up the trade You know, that kind of speaks to you, Stanley Of your question about how to set up the trade This will help be that guide And then obviously you can get on your platform And set it up And we've created Not only the specifics in writing But also visuals To help you kind of get an idea You know, if you're looking at your analyze tab And think or swim, for example And want to see the kind of the visual graph Of the specific strategy We lay that out in the e-book as well So thank you everybody for attending And, Ophir, unless you have anything else We will sign off Oh, that's it Thanks everybody Have a great rest of your week Bye, guys Take care