 Hello there everyone and welcome. This is Melissa Arman with the Stock Swoosh and I drew this pie chart. This was part of the lesson that I did the other day in the trading room and I wanted to just do a quick video on it because say you have a period of time that you spend trading. So all of this in the blue is the time that I spend preparing to trade, getting organized, rating my gaps, deciding what I want to trade in what direction. Then the red part, okay this here, this part here is the time that I'm actually in the trade, invested in the trade, okay? So the point I want to make with this pie chart is that most people do the opposite, okay? Most people spend less time preparing to trade and more time in the trade. That's not the right course of action. The more time you spend on excess, it's the planning, it's the organizing, it's the thinking, it's the study. You know, I get up early in the morning. You don't have to get up super early like I did when I happened to live in New York in the Eastern times then. So obviously I like to get up and take my time and not rush preparing to trade. The market opens at 9.30 Eastern time. But either way, I'd say you've gotta give yourself a good 60 minutes, one hour, okay? To get organized before you trade wherever you live to do the prep work. Because the more prep work you do, the easier will be for you to be in the trade, the less stress, the less time you will spend in it. And again, this is the opposite of what most people do. Most people spend a little bit of time deciding what to do, a lot of time in the trade and a lot of energy on the trade. They spend a lot of energy on the trade itself, okay? And then they get exhausted. So think about what I'm saying tonight. The prep work really helps you. Also, when I'm preparing and deciding what to trade, that gives me the conviction and it gives me the confidence to take the trade. The less amount of time in the trade, the less amount of energy, the less stress, more time preparing, more time planning. Like think of it for example, like, you know, like if you were going to start a business, okay, you would write a business plan, you would prepare, you would hire employees, okay? You would get organized, all of those things. The better prepared you are, the more successful the business will be when you launch, when you start the business, when you go out into the world and offer your products and services to customers, clients. So I mean, it just goes back to the point that the prep work is a critical element of trading and it really is gonna make a big difference between being successful and failing. And I think when the live day comes around, a lot of people are just, you know, they're all over the place. So try not to do that to yourself. Try to be prepared, spend more time with the prep work and then the time that you're in the trade will be less stressful and a lot easier for you. Have a great day.