 All right, good afternoon traders and welcome to the pro trader webinar today with Fausto. We had one earlier with Robert Rother in Germany and today Fausto, well, we've had Fausto many times from Cybertrading University. He's a stock trader. He's going to go through his order flow and his setups using time from Cybertrading University and a bit of background on Fausto is one of the original So's Bandas day traders back in the 90s using the dome and one of the first independent traders to take advantage of that direct access in 1987 he required a wealth of knowledge from the hands-on experience beginning in the trenches working side by side with some of the most practiced and successful traders in the industry after spending considerable considerable time mastering the art and discipline of trading Fausto chose to start his own company to share some of his highly sought-after wisdom and that's what the Cybertrading University is all about so Fausto has his links here I will put these into the chat so that you can access them directly when you click on them Let me go through the disclosures and then we'll let Fausto take it away General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies involve substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of future results All right, so Fausto. Let me share your screen here and then we are ready to go All right, go for it. All right, everybody. Hopefully you can see everything okay Yeah, looks good. All right. Well, thanks Bruce and thanks book map to have me here again It's always great to come and speak to your your great followers and everyone that's using book map You know today. I want to do something a lot different than I've done before I know you have some great great people that come here and talk about book map a lot Tell you their styles what they're doing, but I want to take a step back I've been doing the same thing over and over again Showing you my style and you know, there's a great library not only on my videos and my youtube channel But on book map, I know there are a lot of people out there that found me through book map and would see like oh, I like this style but you know what um The way I got started in trading I think this is where a lot of people are starting to find book map and starting to realize that wow This is obviously a great great platform That I need to train today's markets, but they don't realize how to use it And I think that's how I got into that would probably the main way how I got involved in education Because I looked at it as an outside looking in most people that we've trained like we do a lot of one-on-one coaching We do a lot of mentoring. We review people's journals Like like we really do have big on customer service and it all comes down to one thing Half the people fail because they just don't know what they're looking at So you can look at this, you know, you'll see some people talk about some great indicators And they'll sound smart and they know what they're talking about and like wow, this guy really knows but I think I need to learn more You have to understand that there are thousands of indicators There are thousands of platforms out there But there's only one buyer and one seller and that's what book map is going to show you But before I do that, I want to kind of give you the basics of it And then when you're done, if you like what we have how I explain things Then go and look at my other videos on book map of the stock how I trade that stock why it's going up I'll go over a little bit today, but before I do that Um, I just want to kind of get into the basics. So let me change this slide here. Hopefully everybody can see it Um, basically I'm going to invite every single one of you here to come and join me live for one week in my trading room So you got the qr code if you have your phone, just take your um, turn on your camera or just type in that link And you'll be able to get registered for that. So just kind of save some time I'll I'll post it up again at the end But once again, my goal is only going to be talking about a little bit more than about 30 40 minutes And if you're definitely interested feel free to like us friend It's on our youtube channel also here on book map and then feel free to do the trial I think you guys are really going to go into enjoy it. So some of the things I'm going to talk about for beginners I'm going to talk about the heat map and the talk about the orange lines that I'm going to talk about the The red lines I want to talk about the ball. I'm going to talk about the current order book I'm going to cover all these little things that some of us, you know, you might look at someone else Showing you book that and be like wait This looks a little bit different than foul stones, you know What would he do differently? And these are things we're going to basically want to cover because I think basics is is is key when it comes to trading So how do I read the book map? I guess that's the way you want to come down to it So with that said, um, you know the heat the book map has all these crazy colors how it worked now Let me tell you what I I've been doing this 30 years and Everybody wants to come to somebody that's very well-known in the industry and say hey, could you endorse my product? Could you look at this house? Go ahead and let me tell you and I I said I say this all the time and Bruce actually You know met me doing one of these big traders challenges at the money shows Where I basically competed with every one of these traders, which by the way, I beat every one of them I competed against two but Everybody my point I'm getting to is everybody wants my endorsement I never endorsed anybody's product because they're all garbage I I mean I have no allegiance to any other brokerage firm I have no allegiance to any software company But I but when I was first introduced by this platform for one of my students Which I had a lot of respect for because he's one of my most successful traders Um, I looked at it and I tell you I was sold within one within minutes I said this is exactly been looking for we use it every single day in our trading room And you know once again, you'll find me on the thinkorswim platform I show you how to do I have a video on that one It's our most popular video on youtube make sure you like that one too and everything else But for some of us you like everyone's going to talk about how great the platform is Well, what sold me? I'll tell you what sold me. I'm a market maker. I live here on wall street I live here in new york I was trained by some of the best traders and what I was trained what to do is how to follow dominating brokerage firms Algorithms institutions high frequency trades all those things that you teach you how to read the future And that's and and regardless getting back to Everyone else that you probably see here talking about it They're all going to tell you about how to use on options how to use on futures how to use on cryptocurrencies everything But it really comes down to the basics Regardless of your style How are you setting it up and how you're reading it keeping it very simple? So I want to talk really quick just on time and sales Now some people look at time and sales. They're probably a little overwhelmed about it They're like, well, I don't understand what where's that data coming from and where does that go from? So let me talk about time and sales because time and sales Is about maybe 50 percent of the the the number one tool that controls my book map that makes everything else work It tells you what the past is which is all those bowls And then you've got the heat map which is going to tell you what's out there Which is on the current order book Now we're just looking at a basic chart here Just kind of basically showing you a stock that we were trading this morning This was xpev which was a really nice mover this morning We traded and the stock ran for about 15 60 all the way up to about 17 dollars in a matter of about an hour Which is not bad. I mean think about it dollar 50 000 shares 1500 bucks Looking a nice little over 300 000 dollars salary if you can do that every day in 30 minutes I don't know too many people that make that much money But Why did it go up? How did it why to stop at 17? Okay Why didn't continue to go higher all these little things of the strategy that a lot of you are trying to figure out how to Read the future we're going to get there But let's get back to why it went up so one of the biggest Tools that people neglect that don't set up on their platform is time and sales So right here on the right hand side, you have a time and sales window now I'm going to get into more detail explaining how it trickles into the book map This is a basic time and sales and every brokerage from offers And what you have right here is you I have them color coordinated Just as in green and red green Means you have transactions going off on the offer that means that if someone's selling it Someone got executed on the offer and red means that a transaction went off on the bid So if there was a buyer on the bid that buyer got executed now you'll notice that On the chart then you have a candle stick Candle sticks Once again, I don't get in basic, but I don't know. I don't know. I don't know your experiences But some people need to learn this stuff Candle stick obviously, you know, depending on the wick and where it opened and closed It'll it'll be a green candle or be a red candle You could see that had a lot of green candles going up which would mean that the stock had constant buyers now To kind of explain the two differences the problem with the chart is the chart is delayed We're looking at a one-minute chart. So whatever happens within a minute It's going to take a minute to happen before it shows up on the chart on the time and sales It's hot the chart get now. Listen to me carefully the chart gets its data On time and sales. So I am called a tape reader I don't know if anyone here reads any you could read my book how to beat market makers in their own game Which by the way, I'll give it to you for free if you guys register for, you know, draw my trial Pays to 47 dollars on on on Amazon, but I rather give it to you for free because That's always cheaper, right? I go into great detail about this the time and sales uh I mean the chart gets his data from time and sale So I'm a tape reader and I was learned how to read to be a tape reader A tape reader basically just tells us where the direction of the market's going So once again, you see a lot of greens Stocks going up see a lot of reds stocks going down. It's almost a common sense Problem is everybody looks at a chart and if you look at a one-minute chart You're one minute behind you look at a five-minute chart with five minutes behind you look at at a 200 moving average at 200 moving points away behind The time and sales what controls everything in the market that is telling you where the transaction is taking place That's why they call it a time and that's why they call it a sale So when you could see right here, you have three columns to have the price You have the amount of shares and you have the time Now this is very important because when we go to the book map You're going to see how that correlates to one verse the other But everybody here before you even got a book map platform no matter where you come from or you maybe you consider getting it Everybody has this most of you should have it on your brokerage firm account Now a lot of people neglect to put it Don't put it up because they look at it like well it moves so fast I really keep track of it. Don't know what I'm looking at Listen, if you can't read this you should not be trading Okay, and if it's moving too fast, it only explains one thing You're looking at a fast moving stock You know or better yet You don't have you default set properly Which once again, I have a whole training video on that alone But what's For some of you that are looking to promote and go to the next level and want to look at the book map The book map kind of simplifies it even better for you. And that's why it's such a popular platform So let's look what we're looking at right here on the book map version so If you look right here I have him defaulted as in balls. Now you have lines, but then you have a ball Now the ball Is basically the time and sale Now getting back to that time and sale you see how it's like greens and reds and numbers going across imagine all that being All basically put in into a ball right here. That's basically what you have one big ball now That ball is could be set up as a minute as a second whatever it is And we'll we'll I'll show you that on the book that platform Now right here in the bottom, you'll notice that is the actual bar Now that bar is tells you, you know, basically how much volume went off at that moment of time And red means that there were a lot of sales green me knows a lot of a lot of buys And then that little ball depending on how much volume went off The ball will be bigger if there was a lot of volume the ball will be smaller if there were a low volume So What makes stocks go up and go down and I'm going to keep at repeating this over and over and over again buyers and sellers What makes the stock go up? Really fast a lot of buyers what makes the stock go down very fast a lot of sellers Um, so these transactions that you would see on this That maybe you can't comprehend Which is normal for most traders Simplifies it when you look at this book map. Okay now once again This is all going to translate into How the book map is going to make you a smarter and better trader But to understand what those bulls are and understand what those bars are And to understand what the heat map is going to lead to which we're going to go to next Is what's going to make you realize that What drives these things will up and go down? Now just once again green equals buying pressure red means selling pressure And that's how we kind of use the volume dots to kind of tell us where it's going now Let's go to the platform itself in uh, just you know what we're looking at Now I want to bring up the book map platform here Now, um, hopefully everybody could see it. All right. Now. I want to go talk about this stock xpev Now xpev now you could notice the stock had a good run up. Now. Let me just bring up my chart Okay, let me bring up my chart that I had just earlier. Where's my chart? Here we go. Um, let me bring up this chart now Here's the chart that we're looking at it now when you look at the book map platform It might look a little bit more complicated like wait a minute It doesn't look as easy as this one Okay, because I eliminated a lot of the indicators and all that other crap that's on there You could see, you know that it went up and it hit a price around 17 and it came back down to 16 25 Now, let me go back to the book map platform Now you'll notice how that stock had a good run up and it went up to that 17 dollars And it came right back down Now You could see the volume balls how they got bigger and smaller small big big big and you'll notice that um It almost looks like a clock And when you look at that clock, you'll see that sometimes the greens are more more Predominant in that bowl than the reds and that's what's driving it up Now the that is basically understanding where if we're getting buyers and sellers now the goal to be a good trader is this And this is where people make a lot of mistakes It don't know how to have a game plan Let me tell you what the biggest thing that we teach at Cybertree University It's not about how to make money It's how to stop losing it It's about controlling losses Winners take care of themselves Losers is what you have to worry about and not only that another big problem people have They don't know when to take a profit You get greedy you get cocky like oh, it's I mean, what am I gonna do all day? It's already an hour listen You have to understand that and I tell everybody this and you might heard me say this before You are the ants of the floor. You're trying to get the crumbs. These people are moving millions and millions of shares You have to know where those orders are think how much smarter and better trading decisions you would make if you were able to see that I don't know if a lot of you here are very familiar about a little history about Cybertree University But let me just bring this up really quick and show you something um If you go to Cybertree University I just want to go to my website. I want to show you something really quick. Okay, so Right here in the middle. Okay. I'm actually going to be at Nasdaq on Thursday I'm actually a regular guest at Nasdaq. Okay Nasdaq has something called Nasdaq book viewer, which is I call it level three Okay of trading book mac book book mac. I call it level four of trading. It's the next level And Nasdaq, let me just explain to you They invite me to come on there on their show because they know that Most people trade because they don't know how to trade the market. Do you still understand it? And when you look at it right there, there's a video you could actually watch and you and I highly recommend you watch it Uh and make sure please like it when you see it. I go into detail how to use the nasdaq book viewer And like I told you I will be there live I'll be there live on thursday and if you register like I said if anyone here wants my email I'll I'll post it in the chat and you want to watch it but The thing is This is very similar to book map, but it's just that book map is at a different level a totally different level because You're seeing on book map. You're seeing the nasdaq book And you're also aggregating other exchanges like edgx so When you're watching only 50 of the volume that's going on a specific stock and let me tell you the nasdaq actually trades probably about in total 50 of the total volume volume of every stock that trades in the market Okay Then when you add on another 25 more edgx on there now you're at 75 So you're talking about you're seeing a lot of volume that's going on on the whole complete street of the market So the goal is you need to know where the street is Okay, you can't sit there and tell me that you know about xpev and i'll listen i'm going to talk about tesla and i'll talk about AOI today too that move very well But what i want to focus on is this now, you know how the bowl works You know how the time it sells that that's what it makes it up now the question is having a game plan now Once again, what did I say earlier how do stocks open go down buyers and sellers Now right here. I want you to notice that right here. This is an order And what's nice about this book map you could like zoom in you can move around and You'll see as i'm moving out I I could like move this around and go everywhere and I went right around this time around 10 30 now if I zoom in Right i'm moving my my my bowl I don't know if you can see this but i'm taking this My mouse i'm rolling the bowl off you see i'll go up like that Now what I want to do is I want to move this line right here under the c o b which is current order book And watch this okay see that number right there If I move that number right there See how it goes from 12 000 to 50 000 Okay, so I am seeing And and then this seller actually showed up Right around here you see right here around this 10 18 So he started showing up and as the stock is going up and it's trading at 16 93 No, you're literally about seven to eight cents away. You just came up to a new seller that showed up But don't ask me who that seller is who the hell cares right who cares It doesn't matter who that person is I get people ask me. Um, how do you know he's short is itself who? cares Okay, all you know is he wants to get out of that trade and look how much time you had You literally had about maybe about two minutes The three minutes to get out of it because now look what happened It never got up to that 17 dollar price range I'll zoom a little bit closer make it even look it can make it more obvious how much clearer it is And if you didn't get out of it now look what's happening to the price of the stock What's it doing now? We're down to 96 90 now We're down to and now you're starting to see the bulls are starting to get a little bit redder Okay, which means and you can see here on the bottom look at here in the bottom You see those bars those bars are not as green as it was over here like at seven Uh 10 17 but now they're starting to get a little red and as I'm moving it now Look at look at all these reds now. Look we're dropping down to six 16 18 Okay, and sure enough Look what happens I zoom in and zoom in zoom in zoom in Now look at it We're dropping and we're dropping and the stock goes all the way down From that 17 right back down to 16 40. Okay, and actually drop down right around here around 11 30 Around almost 16 20. So you can this how you make a winner into a loser Are you not knowing Okay, the buyers are and seeing those buyers getting executed and not knowing and seeing the future out there by seeing those sellers That's how you blow up make a winner into a loser. I'm going to show you two more. Okay really quick I want to bring up this one too. Okay Uh aoi was another nice move this morning that we found. Um, it was stock in our watch list and everything But you can see right here around 9 30 in the morning You see there's a lot of greens green bars a little bit thicker than the reds That means you can remember getting back to time in sales A lot more transactions on the offer than the bid stock goes up beautifully. Look at the bowls right there big big fat green bowls That means a buying buying buying Now the question is how's the house book has book map help you out Well, it's all about having a game plan. We're the sellers So right here you had some sellers. Let me just move over here And if you notice this big seller right here, and I'm going to zoom in over here and give you a give you a little better perspective Uh, that was about a 24 000 share seller now There are things that we call foul stow flags and you know All these little things will cover we cover that in our classes, but the big thing I want to focus on keeping it remember beginner-ish big ball boom big time in sales That's seller which you would think would be of resistance levels because there was a seller out there Trying to get out of those shares got executed How do we know he got executed because time and sales? Okay And you could see it from the ball boom that seller got executed right there And if you click your finger on that ball, you'll even tell you how much volume went off at that moment You literally had almost two hundred and ten thousand shares that went off And he got executed at that price and then look what ended up happening What happens from there goes to the next biggest resistance levels green green green green balls Where's the next seller out there right there around 19 at 15 50? And sure enough you could see how the guy added, you know as an order 29 000 Never was able to get past that 15 and by that happening There we at now Got a big brick wall right there at 15. Okay, and I don't and not only that but As much as I'm a day trader you could still use as a swing trade And how you use as a swing trade take your mouse here scroll scroll scroll. Look at these orders now. Look at these red lines 15 50 16 dollars 16 50 17 dollars. Do you see a pattern there? Okay, so and it was great You could see these limit orders and you could see when they when they turned them on and this is all Program trading this is all program trading. I'm gonna do one last one and then I'm gonna tell you how I want to get Oh, you guys registered. Okay, so let's talk about tesla Okay, so tesla same thing. Okay It was a big seller right here. I want to point out and look at the bottom bars. Look at these candles Let me zoom out Bring it a little in here. Okay So As much as the heat map is telling you where the big sellers are you where the big buyers are You're also noticing here on the bottom. Look how the vine is picking up on the on there You see how much how much larger they are now. I have something which is pretty cool. I know I know Bruce has one it's called my cyber clock and my cyber clock. I built this man I came out with this clock About 30 years ago and I made it into a mouse pad You can find that on our website if anybody was interested in getting it tells you the worst times and best times to trade Okay Now it's it's just it's a pretty cool thing because always just kind of reminds you When you should train when not to trade and usually the first hour in the last hour the best time is to trade So you can see right here right till 10 30 a big move and then right after 10 30 boom the market's kind of flat just kind of Kind of give you a reminder when you should be in the market not get into the market But you can see also the vine down at the bottom of that was bars right there how they got really wide and they start dying out And the big thing here is look at the green green green green green green Came up to a big resistance levels here at 230 at 91,000 Once it came there never wanted to get break that seller out there came right back down And now you'll see and like I said, you can see buyers out here For 100,000 at 220 you could see the seller out there at 230 If you're a swing trader and you want to zoom out and you want to see is there anyone else out there that's got program trading I mean, I could keep going back back to 70 to 80 not really see anybody out there. I mean his light blues are not really anything spectacular, but I could see here 230 is a big big resistance And the thing is this if you didn't know that resistance level was there 230 chances are you probably would have You probably would have made convert a winner maybe into a loser Or maybe you could have been that person that got in there because your indicator finally kicked in And because you'd have the book map where you didn't understand at the time in sales And you understand how the orders got filled or if they were getting filled You could you could have bought at 230 and now you're just stuck at 228 And now you or maybe who knows you could have probably sold at 225 And that's how you convert a winner into a loser or make a loser into a really big loser That's why it's so important to use these tools. Okay, and that's why you know understanding At the beginner level Which leads you to come when you come back and you listen to all these great presenters book map has and then you'll understand, you know, why they're looking at this because once again After teaching for 30 years I always listen I have people that don't even understand. What is a bid and an offer? Now some of you probably out there me like wait, I Could you tell me what a bid and offer is and it's okay and that's okay And and please don't let anybody tell you differently like well if you don't know what a bid and offer is you shouldn't even trade That's just plain old ignorance. That's a person that just You know, shouldn't you know shouldn't be teaching. Okay, really should not but you know, you want to learn It's like listen, uh, you know, I'm overweight. I gotta lose weight, you know Well, you you someone came up to you and said listen you too wait you too overweight So you just you you're you're hopeless just to get it. That's like That's horrible I'm here here to learn Well, I know a lot of people are here to learn and maybe you're starting out and you don't know where to start And I'll tell you how you have to start you got to start from the beginning Okay, because I'm gonna make one guarantee to everybody here The stock market is not going out of business. You and I will die and it'll still be here. Okay It's never too late Never too late every day is a new adventure So don't be discouraged by listening to other people and not understanding what they're saying Get down to the basics, but you gotta have the right tools Okay, so With that said um I want to finish off with with this Uh, I want to invite all of you to come into my trading room now. I started about 30 years ago I started the first take trading room in the industry And it's a great tool. We have you can meet the traders. You can meet our students Uh, we have thousands of traders that that trade with us and you know what not everyone there is at a given day But we don't want you there to give in day. We've got people around the whole world that are in there but the thing is When you come in there, watch is how we use the book map Watch how we use other platforms out there and how they relate to each other and you'll see how important it is But um, but before you get into you know into a sport, let's just call it Let's see how it works. And what's great about it is that we do live commentary At nine o'clock in the morning eastern time until about 10 30 We have a great commentary that goes on we do afternoon commentary also from 2 30 to 4 We're live there all day, you know, but we have live commentary at that time We got a couple of videos. We want to give you a couple of book map videos to watch But um, you know, so if you if you like the way we teach and the customer service You know what we're going to give you the tools to kind of let you see if it's for you or not Because let me tell you fellow traders and I know we have I mean, you know, book map has a very big big audience and advanced traders in here and I think some of you hear that Looking at this video like man, this is two beginners for me, but you know That people always asking you some of your traders out there Um, listen, you were there you were there once before yourself. Okay, so listen Everybody's there trying to help each other. Okay, because remember where I told you we are the ants on the floor So don't take it in a bad way that there's always because it's never too late to learn So this is what I'm looking to do. If anyone's interested, um, just take your phone scan that qr code Uh, you could type in that link. You could join us for a week. We're not going to charge you Anything as in like residuals or anything like that. Uh, it's it's a money back guarantee We just want to make sure we know who you are that you're a real person We still let anybody in our trading room Um, we do a very thorough vet of everybody in there because we want to make sure you're not a heckler or Someone trying to you know steal our ideas. We have that all the time But uh, but if you're a real person you want to learn a little bit more about cyber trade diversity Why we've been endorsed by every brokerage firm in the industry from thinkorswim trade station NASDAQ Everything and you want to see why our traders. There's so many schools out there that are students of ours Uh, here's your opportunity and uh to go from there. All right So I'm pretty much done. Hopefully everybody learned a little bit about the basics of it Like I said, I'm sorry if I've got a little basics, but I think beginnerish Is it's the start of the book map? I've done so many presentations here I've been here from the beginning with book map and I've shown a lot of my styles But I feel that um, every time I'm talking to some new traders like you I always get the same questions And everyone keeps asking me and I know I know Bruce deals with this all the time And this is why they do these events people ask me could you explain that to me that little bull? Could you explain that to me? And you know what there's no better place than not just go on the book map and ask them Then you get educated by companies like us at cyber trade university and that's why we're here today So with that said, uh, bruce, do we have any questions I can answer for anyone? Why everyone's you know interested in registering for the uh, you know coming into the trade room from there Um, let's see. Uh, I just want to clarify anonymous trader here is asking about You know if you put a thousand contracts or A lot order or shares into the market If you hit it at at market, um, they they would execute immediately. They would not be in the limit order book Uh, but they would they would show up in the transactions in the in the volume dots that uh, frausto is talking about Um, as the time in sales. Yes, they would show up there. No no problem Now if you put them in the order book as limit orders. Yes, your thousand shares would be shown in the order book All right Because some people will get completely screwed on that. Let me tell you something first Lesson the very first lesson we teach you We're known to teach you three letters tradable trend and track the first t is tradable that stock's not tradable It's you're about 50 percent of the people are gonna lose all your money in trading And let me tell you how that works. You set a thousand shares. You go out there. We're looking at a stock right here bglc You to buy a thousand shares. Okay. You've got three columns right there. Okay. You got the brokerage firm or the exchange The price if you're looking at what i'm showing you in size that size right there if you go out of market Like that guy's showing 600 right you'll get 600 from him and you'll get the other 400 from the guy next to him You start looking at other stocks. Let's look at this one right here skls You want to buy a thousand? Guess what you're not going to get at 846 You probably end up getting it close to 850 and you're like, wait a minute. How do I pay four cents more? And then we'll sell like wait a minute. I made a mistake. I went out. Okay, great At time you sell it up market you'll sell some at at 842 and you might get the rest at 839 and boom You're already down about 10 cents like that in a blink of an eye and you out there Think you're getting a thousand You know, you thought you'd deal with stock with a penny spread now you deal with a 10 cent spread One of the biggest mistakes that people make now Getting back to the book map. Yeah, you'll see those time and sales. You'll see you'll get executed, but Don't buy something without knowing if you're really going to get at that price But that is a great question. I'm sorry to cut you off Bruce But that's one of the biggest things that we teach us cyber trade adversity. That's the biggest failure in trading Yeah, the question. Yeah, no, that's a really good point. Um, let's see. Uh, I don't think there's any other questions in here but the um Peter yeah, they reconstructed tape that that's that's that's for futures You know in the cme is what you're talking about. Uh, that would not be here in In stocks, but I mean the same concept it would be reconstructed in stocks as well So if you hit market at a thousand for example, um, you know, maybe it'll be piecemealed out You'll you'll get 500 transact and then 250 and then you know, maybe another 250, right? That's how your transactions will show up So you'll get one ball would be 500. The next one of yours would be another 250 and then another 250, right? That would be your reconstructed tape The um, uh, file so just a comment on the, um That's really great, uh way to explain the uh time in sales. It is just kind of tilted on its side Um, and it's showing you the time in sales graphically Uh, you're seeing the size that is transacting and the color gives you what type is transacting Right the color and you and you could actually Modify something, you know, like like I'm just showing you basics, but like I will Make colors if it trades over the over the ask and I'll make that like yellow if it trades below a little bit I'll make a purple like some people will cut the line Because it's so desperate to get in and out of it These strategies that we kind of teach you and like I don't want to go into You know more of a Level three and a level four of our class that goes through it But I think a lot of people hear that are new because book map is growing so fast and people starting to realize That you know more more advanced traders Are starting to use it. I mean listen, you know me I do presentations everywhere I'm actually going to be in canada uh in two weeks at the money show in toronto I'm going to be doing a whole presentation on this also, you know So if anybody's from canada you get to meet me, um, you know Make sure you register or visit our website and like I said, I'll be happy to talk to you because I love promoting the product because It's just Everybody here has to understand Before you get it though how it works because if you what's the sense of buying something you're not going to use it You know what I mean, um, but like I told you from the beginning if you came in late I've been introduced to so many platforms. I don't deal with any of them. They're all like, you know, just, you know, uh you know Telling you the past not teaching the future, but you got to know how it's literally working, you know I kind of use like a metaphor Like I look at everybody here coming from public transportation. Now you have the opportunity to drive your own car but Ask a kid if he knows, you know, if you had a car how to change a tire Right, but like well, what do I need to learn that for like? Well, how did you get stuck? You know what I mean? You want to go you I mean it's great driving a car But you need to understand the how the car works. So if there's ever an issue, you know how to fix it Or it is a problem. You know, you know what's wrong with it? Well, it's the same thing You got to understand the inner workings of the platform and then you'll understand like oh now I know why I want this and why I don't want that and that's the reason for it, but uh, But it all starts with You know order flow time and sales and that's how the platform works Yeah, yeah, I mean like to to I'm kind of take take your analogy a little bit further like a something that that you know I think you can describe the platform book map platform as so the time in sales is basically the volume dose that you see Transacting on that best bid and offer over time uh, and uh, the um, the heat map Is showing you your dome or your level two over time both historically And uh current market And then and then the chart and the price action is already there on the chart. So You know, you see the swings. So basically what you're getting is this kind of integration or composite view Of market structure via the price action You're getting the time in sales with the transactions And then you're getting your level two with the heat map right Well, I wouldn't call level two because level two is really like that's pre outdated I had that I was called level and I know it's not called level four But I call level four because I look at level there's level one Which is like the just the best bid and best offer level two is what I just showed you which is right here So I I I'll show you the chart. So this is basically level two quotes So level one is right here. It's just basically what the bid and offer is the colors on the bottom is like level two and then When I bring up this You go to nasdaq their book viewer. I call that level three and then when you look at the book map which is just a Total eye changer there's a level four. Okay, so uh, Try to keep it like that. Look at 100,000. I mean look at look how easy that is it There's a 100,000 share seller at that $230 if you own if you own look look at trade tesla You really want to own it. You really want to hold it after running it, you know I had it at 120 126 and now you're coming up to a big seller at 230 When it did that this morning at 10 o'clock. What happened boom. It came right back down This is the power of you know book map But before you can understand all our different styles once again, it all comes down to How does it work? You know because you don't want to buy something and get involved with it because then you might not use it And the more you understand the the back end of it And more you're going to appreciate it the more you're going to take it more seriously And the more you're going to hear us presenters as gurus on book map of why we why we're trading The why we why we use the way the way we use it towards our style So and that's the beauty of it and everyone should listen to everybody in here If you're in options futures forex, whatever it is But what's but another thing to make a point that you can't learn How to be a trader now after me showing you for 30 40 minutes Still got to go through the trial. You got to sit there for a week. You want to see it live So but just make sure you go out there and try a little bit of everybody's stuff before you actually start trading with real money Excellent. Thank you Fausto Bruce, thanks for having me and thanks book map. Keep up the great work and look forward to seeing you guys next month Okay. Thank you. Bye. Bye