 it is nice to meet you. I trade gaps for a living and I also teach a class, the class is called the Golden Gap, where I teach people my method on trading gaps and I've been trading now for seven years and I've been trading gaps almost exclusively for seven years. At the beginning of my trading career like many many people I didn't know what to focus on, didn't know how to trade, didn't know how to make money in the market and lo and behold as time went on I realized that I was in love with the market but I had to be very focused on what I do in order to make money. In order to be successful as a trader you have to have number one a strategy, okay, number two you have to have a point of entry and number three you have to have a target or a point of exit for what you do. You really can train only one trade a day or one stock a day and make a living day trading and that's what I do. Now every once in a while I might do two things but I really prefer to focus on one stock a day and I attribute a lot of my success to the fact that I am so focused. So again I look at 26 points what am I talking about and what is a gap. Let's go over it. This was from Friday, okay. Now I'm pulling up a daily chart. This was TFM, okay, the stock gap down. It closed the night before at 26.59 this was on Thursday, August 20th and the next day it opened at 22.28 and what a gap is, all the gap is, is that you the stock actually closes at one price a day before and opens the next day when the market opens at a different price, okay. That's all that a gap is. Now there are many stocks as I was saying that gap in the market daily. In fact almost everything gaps. So how did I know that TFM was the gap too short on Friday? Because I have a 26 point rating system and I get up in the morning and I rate the gap. Now let me just show you here. So do you see this here? Actually this gap at night I forgot. This is TFM at night. This is the post market, okay. The US stock market does have an open and closed otherwise there would be no such thing as a gap. So after hours TFM gaps and this is where I looked at it and rated it. I determined that I wanted to short this. Why? Because it rated per my 26 point system that I could short it. Now does that mean that you can short every bearish gap? No. Does that mean the same thing that you would buy every down gap or what people call a fade? No. You have to have a very specific way to determine what the price action will do on that day and what my rating system does is actually predicts it. It actually predicts it because I'm not looking for a perfect score but I'm looking for 20 points or more and if the stock gets 20 points that is a lot of points in order to tell me an accurate prediction of what the stock is going to do on the day. Meaning drop or rally, okay. Because the only way you can make money shorting something is if the stock price is going to drop. Just like the only way you can make money going long something is if the stock price goes higher, okay. So my method that I teach in my golden gap class teaches people what the stock is going to do before the day happens because it really doesn't do any good. If you're waiting until after a half an hour, an hour, two hours into the open or noon to take the trade, look at the momentum that came into this. You want to get in the stock at the best price possible. Again, what are you focusing on? The strategy, the entry price. Because where you get in determines how much money you're going to make. If you get in this late, you're not going to make as much money if you get in it early. How would you know to get it early? Early meaning early on the live trading day when the market opens or into the open, okay. You know because you were prepped and prepared and ready to go. Whether it's at night, which you could have done with this one here at TFM at night, the night before and Thursday evening or in the morning on Friday morning, which is what I like to do. You're prepped and ready to go knowing, knowing that this is a short and that you are going to trade this as a short on the live day on Friday when the market opens. So I teach people how to make money trading my system, which is gaps. And I also trade live myself and run a live daily room where I'm calling my trades live. And I'm saying where I'm taking the trade a lot of time as I'm taking it and where to put the stop. And yes, I do use stops because they help you with controlled risk. Your risk should really be the same in almost every trade that you take. It's the only way to really have accurate results. Because if you have three trades that are great trades, okay, you have to have them be the similar risk in each trade. For example, let's just say you risk $500 on three trades. If you took a fourth trade, okay, on the week, say this is Thursday or whatever, and you don't risk $500, you risk $3,000. And for some reason, that trade doesn't work to see how your results will be skewed. So you have to have almost the same risk unit in every trade you take. And really, in ideal world, I take one trade a day, five days a week, there's 20 trading days of a month. And this is how you put together substantial gains in the market to actually be able to make a living day trading. And I tell you, there is no other way that I would ever trade the market in any timeframe other than my system, which is gas, because it is the most accurate way to read and predict price action. And I teach a class on this, if you're interested in more information and want to sign up for the Golden Gap course, feel free to reach out to me at Melissa at thestockswish.com. This was TFM. It was a nice short on Friday. Thank you, everyone. And email me if you'd like more information.