 Cybertree University, I started over, close over 25 years ago, I started one of the first online schools in today's industry where we focus mainly on day trading. What makes us so different than other schools is that we're just not your typical school that's just going to teach you how to trade. We're going to go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Elaine Forney, and I'm actually living in North Kingstown, Rhode Island right now. Well, I'm actually retired, so what I do for a living is I'm a trader. That's what I'm doing now for a living. My name is David, and I'm from Richmond, Virginia. I'm retired. Right now I was in aerospace with Boeing. My name is Richard Serrano, and I'm from East Drowsberg, Pennsylvania. I'm a network field engineer, and I do telecommunications. My name is Phil Chybe, and I am from Alaska. I am retired local motive engineer. My name is Leigh Ann Jack, and I grew up in Appleton, Wisconsin. I'm a web designer and a friend and developer. My name is George Brooks. I am originally from New Jersey, but IT for the last 33 years. And in between that, still cut down trees, climbing trees, and all that other stuff in between. My name is Terrell Leigh. I'm from Mobile, Alabama. I work in a small used car lot just to get out of the house. I discovered this whole community of traders in the trade room, which, you know, I was sitting in front of my computer at home all by myself, and now all of a sudden here is this community out there, which I found very generous. Everybody was so supportive and welcoming. I just really blew me away. What makes us so different than other schools is that we're just not your typical school that's just going to teach you how to trade. We're going to go out there and be part of a family, be part of a team. We're looking for traders that we could trade together. My name is Josh Levitan. I'm from Bethpage, New York, and I'm the senior instructor here at Sabra Trading University. What makes our on-site class so great, aside from the networking aspect of it all, just having our students meet each other for the first time, is the fact that myself and Fausto are very hands-on with our students in the sense of just being able to literally overlook their shoulder and watch their trade, what they're focused on from their platform. Some news came out and the thing just popped. While I can comment on what they should focus on online, they might not be able to understand that as well compared to having us right there in front of them. I kind of like the idea of not being in front of a computer eight hours a day because I can't do that. So I kind of like the idea of doing it in the morning and then going to do all the other stuff I need to do. Everyone that you thought was going to do that, you're going to have nine losses versus one winner. Yeah, it's not worth it. When I spoke to Fausto on the phone and he interviewed me, the thing he said the hardest thing for me to do would be to unlearn the things that I previously learned. And it turns out that's 100% true. And the stuff that I'm learning from him and from Josh and everybody has really made all the difference in the world in understanding what a day trader is and how it actually works. Fausto and the staff at CTU University, they're really on top of everything. They give you good trade choices and they keep you alert on whatever's happening in the market at the time for the day. Right, so we made a profit, what I just said earlier. Just take the money and run because guess what? If you didn't take it, how would you be doing right now? Now you're losing money. You're just trying to make that day's pay. That's all you're going to do. You got it, you made it. Listen, for every stock that kept on going, for everyone that you thought was going to do that, you're going to have nine losses versus one winner. I don't think you're going to find a better support team in a stock trading business anywhere. That's why I'm here at the platinum level. You know, a lot of people want to go out there and trade and don't know if it's for them or not. And guess what? That's okay because it's not. And the thing you have to look at is you have to find a mentor. You have to find a school. You have to sample a couple of things with a couple of schools out there, do a couple of classes, and you make the choice. But don't make the biggest mistake that people make. Go out there and be part of 90%, maybe even higher of the failure rate in today's industry because people want to try before they learn. I mean, would you ever want someone to work on your loved ones that never went to med school? Or how about just giving them finance money to some financial planner that never learned finance? We are no different, but you are on the right path. The right path is you should be doing it on your own. And by doing it on your own, you need a mentor to show you how to do it. And that's what you're going to get here at Cyber Trading University. All right, ladies and gentlemen, welcome. My name is Falstow from Cyber Trading University. Let me just get a little chat back if everybody can hear me loud and clear, please. I just want to see if everybody can hear. Okay, good to see you. All right, good. Robert, good to see you all. Gary, good to see you. All right, good, good, good. Christine, Ken, everyone. All right, Douglas. Thank you very much. Thanks for being here, everybody. I hope everybody just enjoyed that quick load of video. It's just more of a couple of our students' experiences have what they have had being here and attended some of our events over the years. And you're going to see why we've been in business for 25 years, why we're the one of the most popular educational schools, and why we handpick and select the traders we feel that we could train because, honestly, fellow traders, trading's not for everybody. A lot of people think they could do it, but some of you might need to hear the truth and it might not be for you. And for other people, you probably try it out and says, it's got to be a better way, and you know what there is. What I'm about to show you is going to be really disturbing, okay? And what I mean by that is this. I know some of you here have taken courses with other people. You've probably attended other presentations with other people. And then, you know, you're like, I don't know, there's got to be something. I just don't get it. You know, like, some people make things too complicated in what it is. Some people, you know, believe in something and you realize it really doesn't work. Probably work for them, but not for you. But what I'm going to show you today is I'm going to show you how to follow the money. That's it. Follow the money. I know when you listen, when you think about that for a second, it kind of makes sense. And how do I know that? Because I live here in New York. This is the financial cap of the world. I'm one of the original day traders that started this whole industry. And now you're seeing there are millions of people trading. Okay, when I started, it was about 1,000 of us. Now they're over, they said almost over a million plus people that are day trading. Well, I'm going to show you the core way of doing things the right way. And trust me, you're going to see it's not as complicated in what it is. And if you can't get what I'm about to show you, then you're probably going to realize, you know, it's not for you, which is not a bad thing, which is a good thing. So what I'm going to talk about is, I'm going to get into day trading 101. I'm going to talk about how we use something called level three, entries and exits, just kind of just showing you stocks that we traded, why they went up, why they went down, just to have a little bit of a game plan. So we're going to talk for about a little less than an hour. And I just highly just recommend you guys pay very attention. Please don't be watching TV. Don't be looking at any stocks. Because at the end of this presentation, I am going to invite every single one of you to come into the original trading room that I started 25 years ago. You're probably in one right now. If you want to know what the original word started, I'm going to show it to you. And you're not going to judge us on our winners, but you're going to judge our traders by their losers. And that's what's going to help me be very successful. But before we get started, everyone, just remember, just want to have a quick disclaimer. Just warning, trading is very, very risky. We are not analysts. We are not registered to the SEC. We are basically educators. I'm here to just look for traders. I could train, but you have to remember there is a very big risk when it comes into trading. And I always just tell everybody if you can't afford to lose the money, you probably shouldn't trade at all. So only trade what you could afford. But please, like I said, this is only strictly for educational purposes. All right. Now, what are we going to learn? We're going to cover. We're going to talk about how to follow the smart money. We're going to talk about level two and level three. We're going to talk about why 90% of traders struggle. We're also going to talk about what we need to become very successful, something that is called time and sales. I'm actually a tape reader. I'm going to talk about tape reading. You're going to see why that is. And we're also going to talk about how to read charts correctly, because honestly, 80% of you are reading the backwards. I know that might sound crazy. You might say, Fausto, it's impossible. I spent thousands of hours. I spent thousands of dollars on training. How could I be reading it backwards? Watch when I show you. And you're going to realize that you're making it more complicated than what it really is. Now, just a little bit about myself and just tell you about me. I've been doing this for 25 years. I love trading. I'm actually a trading junkie. They call it. I do so many trades a day. I learn from every single trade that I do. I try to be a very consistent trader. I'm not a huge trader. I'm not these people that brag. And I'm not that type of a guy. I hope that's okay. But I'm a very consistent trader. But to be very consistent, you have to surround yourself with good traders. So what I'm looking to do is I'm looking to find traders I could teach I could trade with. All right. So if you can get this, you're going to know why we do it. But the thing is when I started, I worked in the trading floor and I worked with hundreds of traders in a big auditorium, you know, a trading floor basically. I was a prop trader. And let me tell you, you learn so much when you're around good traders and you learn a hell of a lot more when you're around really bad traders. But the point is we all work together like a team. And the bad people get cut out. The good ones succeed. And that's basically where I am. But for me, I've learned the reason why I moved on from that is because I wanted to... I didn't like splitting the profits basically with my brokerage firm. So the only way I could succeed is I need to start my own trading room with my own traders. And that's why I'm here today. And listen, fellow traders, we're not looking to hold anyone back. We're not looking to... How do I say it? You know, hold anyone hostage. When I'm done with you, you're going to be able to teach other people. Listen, there's a lot of schools out there today here in Cybertrain University that are our students. And we're very proud of it, you know. So we have a lot of students that started their own companies and they know that to be successfully to do it. Because eventually you're going to outgrow CTU. But you got to start somewhere. But one thing I can promise you is it's not too late to learn. It's never too late. I can make a guarantee right now. The stock market's not going out of business when you and I die. It always will be there. And it's always going to have good volatility. And you know what? We're going to have another catastrophe. When we do, that's great. We benefit from it. We're going to have another rally. We're going to benefit from it. But there's no better business to be in than the stock market, especially after all the stuff that's going on with COVID. You know what? Who wants to go back to work? You can do it right here in trading. So basically here's a photograph of the cybergroup room. You could see the instructors. You could see how we talk, how we trade. We're going to share our screen with you. But the key is we're looking not to, you know, we don't tell anybody what to buy and sell. First of all, it's illegal. You can't do that. All right. And you probably should probably already know that because there is shut down a bunch of companies because they couldn't help themselves. But yes, it's very illegal, please. If anyone ever makes recommendations, do not do that. Very, very dangerous. But I want to invite you in our trading room because I want you to see our traders, how we train and how we all work together like a team. We win together and we lose together. The goal is that the biggest problem that people have is they just don't know how to take losses. And you know what? If everybody else is jumping ship, who are you to be the captain to be the last person on there? Okay. So we all work together and that's the goal, what we focus on at Cybertrad University. So let's begin and let me start teaching you a little bit about Cybertrading and let's talk about what we're going to teach you and if trading is for you or not. First of all, let's talk about some stocks that we traded this week. All right. So first of all, did any of you guys see the stock tiger, TIGR? Did anybody just give me a yes or no in the trading room? Peter, I don't do bonds. Okay. I'm not a jack of all trades, you know, and which you should be really scared of. I know a little bit about it, but if you want to know about, I know we have some futures traders, options, bond traders, hey, I'm going to pop my email in there. Do me a favor, just send me an email and I'll be happy to recommend somebody to you. There's only about two or three people in this whole industry knows what they're talking about and I'll rather you gear you and give you a referral to the right person. But getting back to the stock tiger, who here looked at it? Kenton, you did. Raymond, you did. James, you didn't. Okay. Wait, I don't understand. There's over 100, 200 people in this room and I only get five people that answer. Come on, Mike, what about you? Lance, Julie, Alan, Bob, Carl, Cheryl, did anybody see this? Come on, pay attention. You're here to make money. You're here to stop losing it. Did you guys see a stock at 9.30 this morning go from $15 to $18 in about two hours? How great would that be? $2 stock, 1,000 shares, $15,000 investment. You do that every day. That's a half a million dollar salary. Oh, I didn't think about that. Half a million dollars. Oh, yeah, yeah. Wow, how did you find it? That's what I'm trying to do. Didn't see it. Okay, great. Good to hear it. Please don't let me make me waste my time being here because if you are and don't take it in the wrong way, I'm taking the time to teach you guys how to trade. If you feel like you're not going to know how to contribute, you shouldn't be trading at all. Because when I started trading, when they did that in the auditorium like a teacher, they said, oh, everybody raise your hand. Okay, you know what? You're fired. You're fired. You're fired. They're like, why? You guys don't answer. Obviously, you're never going to answer. So I'm just giving you guys a warning. I hate seeing people lose money. I've seen way too many people blow up their accounts, and one of them is not being interactive. And there's no reason to be shy. Nobody knows who you are. Okay, so anyway, great moving stock. Tiger had a really nice move. Okay, two days later, look what happened. Then it went from 18 to 21. All right. So how do we find a stock like Tiger? People are like, well, where did you find Tiger? I mean, and by the way, there's a bunch of other ones out there we're talking about. Well, how do we find them is this. I don't have a crystal ball, and there's no such thing of crystal balls. Okay. The only thing I use is a scanner. Okay. Now, you know, Rich, just one of our instructors just posted up our Twitter feed up there. You could follow our watch list that we have. And basically, all I do is I go through the big percentage gainers and losers. And this is what we teach you, and we'll dissect and see which one is going to give us the least amount of risk with the high amount of reward. Because let's think about this for a second. Why are you here, everybody? Well, let me ask everybody this question. It's a very important question. Why are you here? Why is everybody here today? Danish is to make money. Okay. Everybody else, learn to make money. How about this? You're all wrong. You're not here to learn how to make money. You're here to learn to stop losing it. That's the main reason. Because if you're here making money, unless you're a great entrepreneur, then you're basically yes. But at the end of the day, you're here to stop losing it. And that's everybody's biggest problem. Okay. And no one, if you ever think about it, no one talks about that. Everybody else talks about how to make money. It's time to stop learning how to lose it. And the way you stop learning how to lose money is you learn which one's not to trade. Because there's a very big list here. There are over 25,000 stocks that trade every day. And you look at these people like, why did he pick up that one? Why did he trade that one? Why did he trade that one? Well, the way the, what we teach you at Cybertrain University is called the three T's. Tradeable, trend and trap. The first T is tradable. What that means is that you don't want to trade a stock unless it's going to give you the least amount of risk with a high amount of reward. What does that mean? Good spread, good volatility, very inexpensive. I'm not talking about penny stocks. I don't trade them. Talking something that just very comfortable that's moving pretty nicely, that you can get in and out of it. It's got good liquidity in it because there's a lot of stocks that aren't. But that's one of the big things that when every morning live on YouTube, and by the way, you're going to even better than YouTube, you're going to be coming here in my trading room. You're going to see us do it every morning in pre-market an hour before, and actually an hour and a half before the market opens up. So we're going to talk a little bit about that. But pretty much I just go through a scanner and that's it. I don't go out there and spend all the stupid money that people do. Oh, I need this tool. I need that. Oh, this one, that one, this one. But the thing is everybody thinks like, well, what was the news? Because if everybody would be worried about the news that the stock was going up, it would only be that easy, right? No, it doesn't work that way. Okay. And I'll tell you why. Hall of Famer. Stock went from 450 to 530. Okay. What news? What news? They made a small announcement here, you know, but then what happened? If that announcement came out, the stock went from 520 back down to 360. How did that work out for everyone? Okay. So you got to look at it. It's not that easy when it comes to news. So, but the thing you want to focus on is, so where do we know when to buy? That is everybody's issue. So the trend is your friend. You don't buck the trend. That's where it comes down to it. And that's everybody's looking at. You know, everybody's like, oh, it's going up. It's going down. And you know what's funny? I'm going to, I'm going to quiz everybody here. I'm going to test you all. Okay. I'm going to do a couple of panels. Because my panels I'm talking about, I'm going to do a couple of polls and you're going to see how some of you are going to answer it. But we're going to talk a little bit about that. All right. So Coinbase, another stock. Everybody's worried about coin, coin, coin, old Bitcoin. First of all, who's going out there and spending $420 on a stock? Okay. Oh, but I could buy like 10 shares. Listen, there are so many other stocks out there because everybody that jumped into coin within less than two hours, the thing ran from $420 down to $320, but you could have shorted. The stock is not on your shortlist because it's a new IPO. Okay. There are so many stocks out there, the trade, that are going to give you less risk with more reward. Let's go back to Tiger. Okay. So why did Tiger go up? What made Tiger go up? Which I'm going to ask everybody again, another question. And by the way, if you can't answer this question, I think you should quit trading. Okay. So my question too is this. What made Tiger go up? Let's see how you guys answer that. James? Bob? Okay. So everybody here should put that in the chat room. Buyers. It wasn't news, David. It was not news. Michael, no, no. Buyers. Not good earnings, Michael. No. No. Buyers. Demand. Okay. Buyers. Demand. Now the thing is this. Do you see buyers? Do you see a demand on a chart? Yes or no? So what the hell are you using a chart for? Right? Like everybody's like, oh, let's go check out the chart. What the chart is the past? Do you want to be able to read the past? Or you want to be able to read the future? Okay. To me, a chart is like GPS. Everybody's like, what do you need to look at the road for? Just look at the GPS. Oh, yeah. Well, the problem is the GPS is always delayed. If I was depending on the GPS, we'd be crashing more than anything. The past doesn't help you. It's a good little tool to give you a little bit of a game plan, but supports and resistance levels get broken all the time. Okay. It's the buyers and sellers you got to focus on. So our traders buying the stock. Well, let's talk about where we find that. Does anybody here use something called Level 2? Who uses Level 2? Alan, thank you very much. We're going to talk about that, Alan, regarding about the book map. Yes. You know what's so funny? Look at all the yeses. Alan, James, Gary, Michael. Look at that. Everybody's like, okay, everyone started at Level 2. Well, guess what? If you're using Level 2, you're wasting your time. Okay. I don't even know why you're even using it. Things have been outdated since the 90s. Okay. They were supposed to get rid of it. And by the way, what is the cost Level 2? Oh, it's free. That's exactly what it's worth. Why would anybody give you something for free if it had value? It's worthless. It's garbage. But let me tell you a little bit about how it innovated to what I'm going to talk about something called Level 3 and then Level 4. So let me just get my little crayons out here. Let me just give you a little basic education on it because I know there's some people that see it and they don't really know too much about it. So let me just get my little, hold on, let me get my crayons out here for a second. Give me a second. Change my colors. That's it. Okay. Yeah. So right here, we got our buyers. And on the right, we have sellers. Okay. You got three columns. One, two, three. One, two, three. Okay. So the first column is an MMID. That means that stands for Market Maker ID. That is an actual, an exchange, like the New York Stock Exchange, New York, Philadelphia Exchange, NASDAQ, ARCA, those all exchanges. Brokerage firms. So basically that's telling you what that stock is trading at that exchange or that brokerage firm wants to buy it. The second column tells you the price, the highest price quoted that somebody wants to buy it. And the third column is telling you how many shares are looking to be bought and everything there is multiplied by 100. Same thing for the sell side. So, but the thing is whoever wants to sell their stock for the least amount of money is up on top. Whoever wants to sell their stock for more money is down at the bottom. The problem with level two is it's not giving you all the data. It's basically giving you a level one version but aggregating all the other exchanges in there. So it's really not, it's basically telling you what's going on in Chicago, what's going on in New York, what's going on in NASDAQ, but it's only showing you their best buyer and the best seller. It's not showing you all those buyers in that exchange, all those sellers at that exchange. Remember, we're here, no Gary, TD Ameritrade does not do that for you. And you got to remember, I'm not knocking certain brokerage firms. It's just that a lot of these brokerage firms, believe it or not, they're kind of trading against you. They want you to lose. That's why they give you free tickets. They say, why should we charge a guy $5 ticket? If he just loses, we make 10 times that. You know what I mean? And that's a different story in itself. And I've done a video on that by the way on YouTube if you want to get a chance to watch it. But let's get back to this. Why level two and level three? So this is the problem of level two. It doesn't give you all the data. All right. So let me clean this out and clear all. All right. And let me just, let me get my point here so the guys can follow along. So I'm going to do a poll right here and ask everyone. So does anybody here have level three? Let me launch that for you. Let's see. Let's say you guys answer this. I'll give you guys a couple of seconds. By the way, no one's going to pick on you. If you don't know, just say, I'm not sure. You know, I mean, there's nothing, there's nothing to be embarrassed about. If you went to the doctor and you think you're pregnant and the doctor asked you, hey, are you pregnant? I think so. Oh, you don't answer. Like, well, why'd you come here? You're like, it's like, or you're going to whatever it may be. You're bringing a car to the mechanic shop and like, yeah, what are you doing here? I don't know. You're there because the car is broken or something. What's wrong with it? So please tell us how you feel. Like, if you have it, do you not have it? All right. All right. So let me end the poll here. And it looks like we have a lot of people that don't have it, which is that's normal. That's perfectly normal. Okay. If you said you're not sure, I'll take that as a no. And for everyone else that did not reply, I'll take that even as a no. Okay. So you're ready to really get into detail? You're really, are you ready now to fasten your seat belt to come here to show you how blind you've been trading and how much you've been lied to? Okay. But everyone else out there, because what you're about to see right now is going to be so shocking that at the end of this presentation, I'm going to even play a video of me being on the NASDAQ exchange. I mean, it's one of our feature videos that we have. I've been there. I was a special guest several times talking specifically about what you're about to see. Now, why would NASDAQ want Fausto Piglisi? They don't need me. Okay. I'm a nobody to them, but I am because I'm a voice for somebody for them to explain to them. Like, you know what? We want you to know how to use the exchange. We want you to go out there and be able to make your right decisions. So we're going to play that video. And actually, the link's right there. We just posted up there. But don't watch it yet. We're going to play it live. And you can watch it for the future. But let me explain to you what we're going to look at. This is called NASDAQ Total View. I don't want you guys buying it. Don't go crazy. Start looking up on Google or SNAP. You're going to do more damage. I'm going to show you how to do it live in the market. But let me explain to you on a very basic blame in terms. What you're looking at is you're looking at maybe over 20 to 50 times more data than you'll get on level 2, 100 to 200 times more data than level 1. You're looking at every single order out there that's trading on that specific stock around the world. Imagine you have a seat on the exchange and you're looking at every single order that's out there at every single price. OK. Now, you got to remember, if you think you're smarter than everybody else out there, you better quit trading. You're wasting your time. OK. I'm not a leader. I'm a follower. And I was always taught to be a leader. But I can't be Goldman Sachs. I can't be Merrill Lynch or Bank of America. I'm not going to compete against the Fed. OK. I'm just an aunt on the floor trying to get some crumbs. You know, just trying to get by and pay for my kids to go to school and, you know, live in a nice house. I don't need to. I'm not looking. I'm not moving hundreds or millions of shares of stock. Somebody is. And this is what we look for. So what we're looking at right here is looking at every single order that's out there on a specific stock. Now, you have to understand that this does look a little overwhelming. People look at it and like, oh, there's a lot of numbers in this snap. Well, first of all, let me just tell you 95% what you're looking at is worthless. It's garbage. You don't need it. OK. But you have to see all the data. So what you have is every, you're seeing all the orders, every, how many shares make up that order and at what price. Now, by the way, this is like, basically it's like a big chat room. And whoever wants to buy for the most is up on top. Whoever wants to buy for less is down at the bottom. Same thing like level two, but you're seeing every single order and every single share that's out there. Now, how do we utilize this data? Let's go look at the chart. So let's look at, we'll look at Macy's. OK. So Macy's, let's just say, you can see right here at 9 o'clock and 9 30 in the morning, the stock took a big correction to the downside and went from 1860 and dropped all the way down right around this 1760. Now, you'll notice that, you know, you can call a double bottom, whatever you want to use, whatever crazy stupid language people use. But at the end of the day, I don't care what people say. This is the reason why it went up. Right there in the bottom, you can see it went up. It shot back up to 1780, came back to 1760. And then went right back down up to 1810. Why did it go to $17? Why did it go to zero? Why did it just stop at 18? Why specifically did it pick that number and not once but twice had a tough time getting past 1760? Well, if you look over here on the right, when you look at what made a stop go up is buyers, right? So right here, you have buyers. And then you could see from those buyers that there was 322,000 shares out there. Now, I don't know about you, but that sounds like a lot of money. That sounds like a lot of shares. And when you look in your way down that list, you got 1,000 share buyers, 2,000 share buyers, 800 share buyers. You're talking about 322,000 shares, look at me boy. Okay. Do you think you know more than the 18 people out there that make up the 322,000? Do you want to go out there and continue to short this stock with all those buyers on the bid? I don't think so, because if you did, guess what? You lost. That's what made the stock go up. Not some Fibonacci, not some Bolliger Band, not some stupid scanner somebody's telling you that he's got the best things in sliced bread or some algorithm. It's that buyer. That's the only reason why the stock went up. Now, let's look on the sell side. We're looking at INL. Stock started, had a great run-up, beautiful run-up, around $1230, ran from like $5, went all the way to $9. Huge run-up. Okay. Could make a lot of money on that stock in a short period of time. But it decided to start going down at $9. I don't know why. Why did it pick $9? Why didn't it pick $10? Why didn't it stop when it was at $7? Why $9? Well, the only reason why, the only logical thing is, there must have been a big seller out there. And everybody out there is looking and saying, how could I see the sellers? Well, if you looked right here and you looked at the NASDAQ book viewer, you'll notice there's a 280,000 share seller out there. Listen, there are sellers everywhere. 300, 200, 4,000, 7,000, 110, 200, 200, 200, 200, and 10, 280,000 shares is looking to be sold out there. And you're telling me that you're going to listen to somebody else on some, you know, analyst or TV or some newsletter that INO is going to go back up to like $15, $30. It could, but only one problem. It's got to get through that big seller first. You see, the problem people have is that you have to realize sellers equal resistance. And most people do it backwards. They look for resistance and they're looking for support. Right? Support is when the stock goes up. Resistance, what brings the stock go down. But that's not what we teach you at Cybertrain University. We don't teach you support resistance because support resistance is worthless unless you have that buyer and seller out there. You understand? So you might look at, say, oh, it's coming up to big resistance. You ever do a trade and all of a sudden the stock breaks resistance level and like, holy crap, how does it do that? Everything else that was going to go down. How did it break it? Well, because the buyers kept buying it. So you have to follow the money. That's all you have to do. Yes, Skip, it does work for the Dow. Yes, it does work for the Dow. It's a public trade. It works for ETFs. It actually even works for futures for some cryptocurrency. But it's a lot easier when it comes to stocks. All right, so let's have a little fun here. Okay, let's see how good we have, what kind of traders we have in here. See if you guys can answer this question. Okay. Now, the question is this. Is this stock going up or going down? Okay, let's see how you guys answer this. Let's do a poll. Wow, it's pretty cool. I like you guys are now starting to get interactive and starting to answer these questions. Got a really good percentage of votes coming in here right now. All right, good, good, good. James, put it in the chat room. That's necessary. Put it in the poll question that's popping up there. Okay. All right. I know some of you people have taken this before, you know, have been, you know, watched me do this, present some of you students. Okay. And I know a lot of you get a kick out of this, but let me just show you this. Okay. I'm going to share this poll to stop the poll. I don't understand how some of you think the stock is going up. I don't, could you, I don't know who said it or because it's all private. Could you guys tell me like, what made you think the stock's going up? And by the way, just put it in a chat room. Nobody could read it. Nobody's going to pick on you. Nobody knows who you are. Could you tell me, I got, I got literally 10 people out of the almost 200 people that are in here that said the stock is going up. Could you explain to me why it's going up? Because I have no idea why you think it's going up. Everybody said it's going down. You hit the wrong button. Okay, Cheryl. Okay. I could, you know, that could happen. You know what? That's good. You did it here or not with a real stock. You ever do that? Everyone, you ever hit the wrong button? Like, holy crap. I just did the opposite. I do sometimes. Sometimes I, instead of selling, I had to buy more. And I'm like, oh, but the good thing is you got to know how to do that. All right. Christine said, because she thought it was a trick question, it's not a trick question. I didn't say it was a trick question. It was basically the trend. The trend is your friend. Okay. But if you really was serious about it, it thought it was going to go down. I really recommend you quit trading number one, number two. And the reason why you better quit trading, because you're probably using some type of algorithm or counting some candlestick colors and stuff like that. Listen, guys, you're wasting your time. The trend is your friend. Don't buck the trend. Okay. If you're really serious about that, and you really thought it was going down, or let's say you want to take the opposite because I can't go down forever, I'm telling you, you're wrong. Okay. Now, but it's okay. I forgive you. Let's learn from it. Not do it again. So now let's get to the next question. What is going to make this stock go up? What do we need for the stock to stop going down? I mean, because think about it, you own the stock, the 27, you're down to 22. You're like, oh my God, what am I going to do? Do I sell it here and you end up selling in? It does the opposite. Like what do we need? What is going to make this stock stop going down? Alice's aggressive buyers, buyers buy. Now look at everyone you're saying, you're all saying the same thing, buyers. Do you see buyers on a chart? Everybody. Do you see buyers on a chart? No. So what the hell are you using a chart for? You tell me one platform out there that's going to show you chart. Could you see buyers on a thinkorswim platform? Can you see it on a Schwab platform? I mean, where are the buyers? How do you see buyers? Well, you know, is it scanner? Listen, there's only one place that's going to show you where the buyers are. It's on level three. Okay. So let's go look. Let's go hop on the NASDAQ ECN. Let's go see what's out there. I'm looking for buyers. So I'm over here on the right on the left. I'm sorry. And you see the buyers over here. And I'm going to look for a big substantial buyer. And if you look this little arrow, you know, this 70,000 shares look to be bought at 1750. Listen, who are you going to trust more? The guy wants to buy one stinking share. The guy wants to buy 100 stinking shares or the guy is buying 70,000. You know what I mean? Like that's really what is going to make a support level. Not some candlestick, you know? Oh, you got three soldiers and the fifth soldier is going to cause it. Listen, these people have, they have a great way of, you know, doing a presentation and making it look sexy and pretty and colorful. Listen, that is all garbage. It's a waste of your time. Okay. How do I know that? Because I was one of the original day traders that started. I was doing that too myself. And my mentor, Frank Ferrari, when we walked in there, and he was a really nasty guy, by the way, because he didn't want to, because he was putting his money up that I had to trade. And let me tell you, the last thing you want to do is lose someone else's money. But the only way he was able to train you and the way I train my traders, is that you have to be very aggressive. And be like, listen, you got to listen. This is like, you know, I don't want to treat like a little kid, but when you got a 70,000 share buyer out there, what do you think you know more than him? Okay. It's just numbers. Because if you didn't know that buyer was out there and you thought it was going down, guess what? It ran from 1750 up to $22 in a matter of an hour. You do the math by you knowing that that buyer was out there and you bought it when they were buying it. You waited, you watched, you see everybody losing their money, selling out, and you're sitting there, you're waiting, and you see that 23 and you're like, ha, ha, ha, look at the stock going down. It's going to 21 and there's no buyers. Look at that. Oh, look at the buyers 17. Look at all the people selling because they're so focused on the Bolger band and the MACD and everything else. I'm going to wait until that 70,000 share buyer comes. Sure enough. Boom. You make yourself a nice two, three bucks. Thank you very much. See you guys tomorrow and take my wife out for a nice little lunch. That's why people like they trade it. You understand? That's what it's all about. Now, let me ask everybody a question. Did I lose anybody yet? Did anyone get lost? Gary says no. Look at that. I didn't even talk for what, 10 minutes? I'm showing you one of the biggest secrets of Wall Street. Now, let me go to the next question. Now, I get a lot of people ask me this all the time. Thou still, I don't understand. If it's why is more people not talking about this? What, you know, like why I find that you're the only one out there doing it, but everybody else is talking about this and that or I'll tell you why. Because they're trying to sell you their next best indicator. Okay. They're all out there trying to sell you something. They're not traders. Okay. You know how you know you have a real good trader, a really good instructor? Why don't you find out and check on the Betta Business Bureau? Why don't you go check and ask them what brokerage firm endorses you? Are you endorsed by TD Ameritrade? Are you endorsed by Schwab? Are you endorsed by Trade Station? What brokerage firms endorse you? Tasty works, because we are. And you don't think they do their due diligence. You think they want to fouse those instructors to go out there and teach their clients to tell them, you know, what to buy and sell so they can lose money and be like, hey, yeah, you told me to take a class with Cybertree University and everything they did was totally opposite. And now they're getting closed down by the SEC. Okay. And I'm not here to bring up company names, but if you do your homework, you'll probably know a few of them that just got shut down. See, the biggest thing you always got to remember is, and by the way, I know a lot of you taking courses, some of the people like, wow, you know, it's funny. He's not endorsed by anybody, but he's got a great YouTube channel. Listen, we don't train a lot of people at Cybertree University. Okay. We really don't. Actually, 80, 90% of the people we turn away. They want us to teach him, but we won't. Because when we start talking to you and knowing a little about who you are, what you do, just remember, it's not for everybody. You know, if you go see a doctor, and I'm always going to bring up a doctor, because we all have been sick at one point. Okay. You know, like let's say, God forbid, you got COVID. All right. You think the doctor's going to say, oh, yeah, we got to put you on the respirator right now, because they're going to make money on it. I'm not that person. I'm going to be like, listen, you don't need it. I could charge you and make money on it, but you don't need it. You're fine. I could tell by who you are. And that's what that's how you know you have a really good trader and a really good mentor or someone not. But at the end of the day, if you're able to see what I'm teaching you now, believe me, it's going to make that much more sense. Let's move on. Let's have a little fun, right? We're not done right now. By the way, I know there's a lot of people chatting in here, and I have staff over here just trying to answer them as best as they can. But, you know, Lynette had a really question. She said that is a little too fast, totally, because the season moves a little quickly. Yes, it is because you're looking at a fast moving stock. Okay. We're going to show you not to look at fast moving stocks. Remember, your goal is to make money, not trade fast moving stocks. Okay. So let's look at the stock space. All right. Now, looking at space, can you guys tell me where do you think resistance level is on space? Like, if you looked at space without looking at anything else, just give me a number. Look at that level, what you learned so far. Looking at total view, where would you think you might hit a resistance level? All right. Michael, Doug, David, Kenton, Gary, good. You guys are answering me back. If you don't know the questions, give me a question, Mark. I'd rather you be honest than lie. Okay. And if, good, good. Wow, we got a lot of you guys answering. Guess what? I have not seen one person gave me the wrong answer. That's amazing. That's awesome, because you know what? What makes a resistance levels? Sellers, where the sellers located on the right? Where is the biggest significant seller right there at $24.75? You got 43,000 shares out there. So that would be my target. Now, when you look at this chart, people would be like, oh, yeah, the stock's going up. Yeah, definitely going high. Even as a double top, looks like it's starting to make a little bit of a bull flag. A bull flag and, you know, at the count and all those candlesticks and I got a lot more greens than reds and the previous, the more you analyze, the more crazy you're going to drive yourself nuts. The only reason that this stock is going to do what it's going to do is because of that big seller. And if you were not prepared for that big seller, now the stock goes from the $24.75 right back down to $23. And now you just blew up your account and lost a nice, you know, whatever, 1,000 shares, $1,500. For what? For what? Because you read some news on it. That was a good company because you like the stock. You just bought the product. I don't care what you think. You're here to make money. Okay. And to make money, you got to follow the money. That's where it comes down to it. It's not rocket scientists. I'm not here to try to teach you to be a YouTuber. I'm not here to show you how to be the next doctor or the next new race car driver or the next greatest mechanic. I don't know whatever it is, the next best engineer. You all can realistically do this. You know what the hardest thing to teach when it comes to trading? And this is how we separate the people that continue to see to and not. It's psychology and discipline. Okay. And most important, greed. A lot of people get a lot of greed. They're like, oh, maybe it's going to break out now. Maybe, oh, this is the next one's going to pay for my mortgage. It's not about home runs. It's about base hits. That's where it comes down to it. So what we call them here, fellow traders, we call these iceberg orders. These big, big block orders. I came up with that word about 20 years ago after watching the movie, Titanic. But it's not what's on top of the water. It's on the bottom of the water. And a lot of people didn't want to spend the money, the time to see what's on the bottom. They just like to sit back and look at the beauty on the ship and like, ah, that iceberg's pretty far away. Yeah. How did that work out for the Titanic? It's for people all died. All right. So, and I always use the Titanic as an example because that was what Titanic was all known about. They didn't care about safety. Remember they took all those ships out because it made the ship look ugly? You know what I mean? But that's what ended up happening. And you don't want to be like the Titanic. But a lot of people are because they're all looking for all that nice little fancy you know, seven charts and six monitors. And you know, listen, I'm going to give you advice. You can't make money with one screen. You can't make money with six. That's where it comes down to it. All right. Now the next question people ask is, you know, Fausto, what is spoofing? What about these dark pools? What about the fake orders and this and that? So when it comes to trading, everybody, there's really no fake orders. Okay. A broker's firm will not let you put a fake order out there. There's nothing fake out there. And if whoever tells you that, do self-fable, run as far as you can because they have no absolute zero clue what they're talking about. Okay. So how do we know if these orders are getting executed? Because listen, they can cancel an order. You can cancel an order. You know, just because you put it out there, you can. You can change your mind. All right. But how do we know that? It's something called time and sales. The time and sales is the confirmation of every transaction that takes place. So red means trades are going off on the bid. Green means trades are going off on the offer. So like, for example, where is resistance on PCG? Okay. So right away, resistance will be on the sell side. We look on the sell side, I would say definitely 13. Right, Gary? Good. Okay. Got a lot of shares out there. Held a lot more, maybe 20 or 50 times more than the average seller out there, 200, 400, took it 35,000 shares. Okay. So in theory, it's not a guarantee. But in theory, that's where you would say resistance level is. And that's a pretty substantial move from $1280 to $13. Now, let me go to the chart. Here's 13. Stock hit 13, came back down, tested 13. 13, 13, and then finally it broke 13 and went all the way to 14. Now, how could that have happened? I thought that sellers make resistance and buyers make support. How did that stock go higher from that resistance level, that big seller? Well, somebody bought it. Somebody bought it. Look, the time in sales, look at all these trades, 13, 13, 18,000 shares, 2,000, 6,000, 1,000, 2,000, 2,000, the guy got executed. Someone went out there like, you know what? I need that stock. There's a big one. Just take it, buy it. You don't think that could happen? Of course it does. It does it all the time. Forget it. I have orders. I think I got one right here. I'll even show you another screen. There's level four. There's level four. Let me show you this one. This one's pretty cool. Look at this one. 220,000 share buyer on the stock right here. 200 stocks going down. What do you think is going to happen? You had a big buyer here, you got executed. Another big buyer came out here, got executed. Here's the next biggest buyer. $15. Guess what? Here's a couple of more. Look now. Hit it, hit it, hit it, hit it. That big order of 200 now dropped down to 12,000. Look at all those orders. Look at the order on the bottom. Got executed, got executed, got executed, got executed, got executed. Do I have a finished product here? I sure damn do. Look what ended up happening. It dropped all the way to 14. The guy all got done. Actually, I'm sorry, that was up here. He got done. Look at that. Then there was another big order and the thing dropped down to 14 in a matter of, I don't know, what is that? An hour? 30 minutes? You know what I'm saying? So like, these are the things that you have to follow the money. And by the way, that's level four. I'm not even talking about that. I'm going to show you that when you come into my trading room. Okay. But I just happen to have a good screenshot that I wanted to show you some of them. But that we're going to save when you get into the trading room. How do you get total view on the chart? Listen, Leighette, you got $9? You have $9 to spend? Because when I started, this cost me $1,000 almost 22 years old. 22 years old. Could you imagine sitting in a room and all of a sudden somebody comes up to you and said, does this make sense? Absolutely. You want to be a six-figure trader? Absolutely. No problem. $12,000 a year for the software. And he's like, I'm 22 years old. I really don't have it. Well, if it pays for itself $1,000 a month, why would you not do it? Right? Why would you not? And that kind of eliminated about 70% of the people in the room. So I don't think we're going to lose 70% of you because I'm not asking for $1,000. This stuff, of course, I'm going to give you $9. And if you can't afford $9 to do this, to get this data, you're wasting your time. If you think that the data I'm telling you right now, you can get a better deal than $9, let me know how that works out for you. I don't know. I've never seen it. And the thing is, if you can't afford $9, you really can't afford to trade. So the big thing is this, you have to learn before you could earn. That's the model I go by. This is a photograph of me doing a presentation for Charles Schwab at the World Money Show. So the big thing is this. Why do I do it? Because I've learned over the years when I became a successful trader is that to continue, you have to surround yourself, teach people to trade like you because you work like a team. And that's why Cybertrain University has been endorsed and featured by more brokerage firms than any school in the industry. And you can go do your homework on that. Okay? And by the way, if you don't move forward CTO, I'm not going to take it in a bad way, but I'm just going to give everybody some advice. Do your homework. Don't believe what you read on YouTube. Don't be sold on these people that look great on a Twitter or whatever. Make sure they're being endorsed by brokerage firms because a brokerage firm, they have a lot more to lose than you. They can get in trouble by putting somebody in front of them. They've done their homework. They do background checks on my staff, myself. They do everything. And that's something that's very, very important to know because everybody here needs education. Okay? The problem is these brokerage firms are not allowed to do it because it's a compliance issue. So they like to find some people like us to do it. And if that's what you're going to do, make sure you do your homework on that. But one of my, every single one of you to come into my cyber group room, come into the original one and don't judge us on our winners. Remember I asked you earlier this morning why you're all here is to make money. And I said, nah, nah, nah, nah, no. You're not here to learn how to make money. You're here to learn to stop losing it. Okay? Watch us and judge us on our losers. Watch how few we have. Watch how we take a loss on positions. And thank God we do because that could have been 10 times worse. You're not going to win on every trade. Okay? But if you don't trade, you're never going to know. It's all about hitting basics. Now, this is what I'm offering everybody. Here's a simple schedule. We start at 7.30 in the morning. We do a live broadcast at 9 a.m. every morning. We start doing audio commentary right at 9.30 to 10.30. We go out there and we take a break. It's not a full-time job. We're done. Look, I don't know if any of you guys have the mouse pad of Cybertrain University, but we're done. There's only a certain amount of hours that you have to trade, not all of them. And then we'll come back the last 30 minutes of the close. We'll do a 2.30 meeting. Talk about what to look in the afternoon and we'll trade the last 30 minutes. Make our money. Goodbye. And you know what? If you made your money in the morning, who you got to stick around in the afternoon for? It's easy as that. It's not a full-time job. Don't look at it that way. Listen, life gets in the way. Some of us maybe do have a job. Maybe some of you think, I don't have time to do it. You're not going to miss anything. Every day is a new adventure. So this is what I'm offering everybody. $9. That's it. $9 and this is what you're going to get. The link is right now in the chat room. I'm going to give you one week in my trading room. I'm going to give you three daily market meetings, a morning and afternoon watch list, your own personal education advisor. You're going to be able to talk to somebody on the phone. All for $9. A weekly Q&A session, 100 hours of recording, a day trading crash course, and as a bonus, if you register now, I will actually give you a free coaching class. Because once you're in there, I need to interview you. Because basically what you're paying for right here is really just an application fee to get into the room. I don't know who you are. I don't know where you came from. I don't know who. I mean, people put names in there as trader. I don't know who trader is. You got to let us know who you are. You got to be serious with us, and we're going to be serious with you. Once you fill out this questionnaire, once you fill out this application fee, there's going to be a questionnaire. And in that questionnaire, it's going to ask you some questions. Did you get any education? Who's your broker? What kind of platform? You got to let us know a little bit about you because let us help you. Let us let us let you know if trading is for you. I don't want to put you in a bad situation. I don't need your money. I really don't. I need you to help me make money trading in the room. And that's what basically what we're going to do. I'm looking for people that love trading, have not been very successful at it, you know, maybe took courses with other people and you still haven't found the right person. Someone that really thinks that they want to say, hey, you know what? I want to try it, but I want to do it right. Listen, it's like a diet. Everybody, you want to lose weight. I'll tell you the best way to lose weight. We all lost weight, but try to lose weight, right? When you do your 17th diet, your Akins diet, your keto diet, your Weight Watchers diet, your Jenny Craig diet, you know how you lose weight? Go hire a personal trainer and go get it and go buy a nutritionist. Once people are in your life, you got no choice, but you have to perform. When you start dishing out money for that, believe me, you're going to take it a lot more seriously. Look at this as being a diet. Look at it as you're doing it right. Let us be involved in your life so we all could do successful together. That's how you become very good. You can't sit in your basement, you know, with your, you know, watching these videos, 800 hours of videos someone taught you and say, hey, you know, pay me $19.99 for a class and I'm going to teach you how to make a, you know, $10 million, all right? Those are people you really want to run away from. Come out and check it out. Now, a couple of questions coming here and remember, guys, once we get around mid-week, we'll have a little sit-down, we'll have a little talk, you'll talk to education advisor, I'll get, I'll put some time aside for you, only if, if you feel like this is for you or not. And let me tell you, when you get in the trading room, you're going to know right away, you're going to see what's going on, you're going to be a little confused in the beginning, but then you're going to get it. You're going to get it. You're like, wow. You know, listen, if you could teach a 90-year-old woman, you could make six figures, how can I not teach you? All right, just a couple of shout-outs right here. Who do we got here? Just registered really quick. Donald from Oregon, just got your registration. Who else we got right over here registered? So I'm just looking at the list right here. I see you guys start registering right now. Alejandro from Port St. Louis, Florida, who's just there, by the way? Beautiful town. Tom from Chicago, New York. I mean, Chicago, Illinois, you got your registration. Mike from Buffalo got your registration. Absolutely, you start date whenever you want. Yeah, listen, I recommend you start like, taste Thursday, right? I would start on a Monday. I would, you can't get into the room until you speak to one of the education advisors because we have to do a walkthrough. We don't want you to go into the trading room and not know what's going on. Listen, we're very big when it comes to customer service. Okay, we want to show you the professionalism. We want you to be able to answer your questions in detail. But stop wasting your time trying to do your research. Listen, you got the greatest opportunity right now to someone to answer all your questions that's going to take you hours to figure it out on your own. Okay? All for a stinking lousy $9. And let me tell you, when you see the professionalism and the quality, you're going to realize, like, holy crap, you guys are not screwing around. And I don't want to screw around because I don't want to lose money. You know, I don't want to go out there and trade with my traders and put me in a bad situation. And don't be scared, you know, but you're going to get it pretty quickly. It's like a light bulb. I had another question someone asked me in the room, kind of missed it. How long does it take to learn? Let me explain something to you. I know a lot of people here are taking futures and options and whatever. Okay, let me give you a little advice. If you can't get it within 30 to 60 days, like if you took a course with somebody and you're not seeing progress after like two months, max, you better quit that. You better find a new instructor. You better quit what you're doing because don't listen to what they're telling you. Oh, it takes a year. That's bull crap. Okay. Anybody here, an employer, if you had somebody work them for two months and he's losing your money, not making your money, the guy still can't get it, you're trying to teach him. Sir, A goes A, B goes B. This goes on this shelf, that goes on that shelf. And he does the opposite. I think you're going to let the guy go. You know what I mean? So don't be fooled. It does not take that long to learn it. You get it or you don't. Just remember, when you first walked in here, how many of you here didn't even know about Level 3 or Level 4? Now you're like, holy crap, this makes perfect sense. Just follow the money. What more do I need to do? I'm not looking to make a gazillion dollars. I just want to make a day's pay. That's it. And that's where it all starts. James, we have nothing to do with them. Nothing to do with them. We're not a prop firm. We're not any of that. We don't do any of that. We don't lend money. You have your money. I have mine. We're just a trading community. That's all we are. OK? I see a lot of people are filling out the registration and that's very important. So when you get that order, like I said, there's that questionnaire. Please fill it out to the best of your knowledge and just don't lie. Listen, the reason why we... I can invite everybody come in the trading room, but the reason why we don't is because you're not going to take it seriously. Right? So we're not going to... Listen, we're not going to hear to scam you. We're not here to lock you in. We're not going to hear to... Listen, if you're not going to... There's a reason why I have a five-star rating on Google. There's a reason why I have a AAA rating and a better business grow. There's a reason why I have endorsed by every brokerage firm. I don't need to scrutiny. I don't really need it. It doesn't go anywhere. I'm not going to benefit. You know, trying to scam somebody out of $149. I really don't. I'm looking at people I can make six figures with, but it all starts right here. Okay? So go out there, make your little donation and see what's going on. And I would probably recommend you start like on a Monday. You know, watch your recordings, talk to your education advisor, and get ready fresh there Monday morning and get to see what the best time is to trade, the worst time to trade, the best days of the week, the worst days of the week. All right? A couple of more shout outs right here. I just want to kind of just say I got Katie. I don't like to say the last names because I don't want anybody to know where you guys are from. But I got Katie from New Jersey. Just got your registration. Welcome aboard. Friends from Valley Stream, New York. My God, I grew up in Limbrook. We're crying out loud. You're right around the block. Cheryl from Bronx. A lot of people from New York. Interesting. Michael from Oklahoma. Just got your registration. Welcome aboard. There's a couple more coming in here. I could see it. Great seminar signed up last week. Thank you very much, Raymond. Raymond, I'm glad you enjoyed it. I don't know if you booked your appointment yet, James. Raymond, but the thing is, you know where you are and it's always great when you hear it once or twice. You know what I mean? Sometimes it takes about four or five times before it sinks in. Sometimes you got to listen to other people to kind of see like, oh, now I know why like this person versus that one. And honestly, I tell everybody, you should try a little bit of everybody's stuff. Okay? And what you want to look at is you want to see the custom service. You want to see, you know, the access that they give you. You know, they're going to be there for you. Like one of the biggest things you'll learn in our trading room is you're not going to see we got 3,000, 4,000 traders in there. If I want to, I could have had 10,000. We've been doing this for 25 years. Why would somebody have more than me? Because a lot of people really shouldn't be there. Okay? You shouldn't be there and you should know within the first two days. Actually, the first day you'll know right away. But you want to be able to have someone to be able to accommodate you, to help you, to support you. Because if they're not, that's going to be like a pain-saking death, being there forever. You know? So that's what you want to look at. A couple more people. I want to do a couple of shout-outs right here. Lynette, I got your... Oh, that's from Bronx, New York. I don't know if you registered twice. John Richard Jones from San Antonio, Texas has gotten your registration. Juliette, got your registration from New Jersey. Irving, New Jersey. I see more coming in here. Great lesson. Thank you very much. I signed up. Oh, I got that already, Douglas. Oh, the free trial, which begins on Monday. Thank you. You're more than welcome, Doug. All right? So guys, listen, don't go anywhere because we're going to play a quick video that as you guys are watching and registering, I want you to watch the video that I'm going to post from NASDAQ right now. But this is a great video because this was the last episode before they shut down the NASDAQ exchange. And this is where you're going to see Madora, the stock that we all are using to take the drug for COVID when it was at $30. And I'm going to show you how chaos was going on on level three. It's awesome. You don't want to miss it. It's about a nine-minute video. It goes really fast. And they were excited about it too. And I've been there several times. But I wanted to give you the best of the best out there. And you want to watch it. And then once again, go out there, share it, tell your friends about it. And don't forget, make sure you follow us on YouTube, follow us on Facebook and Twitter. We're live every morning at 9 a.m. and at 2.30 on YouTube. Make sure you like us, friend us, share us. You know what I mean? Listen, the best gift you can give somebody that's trading or someone's losing is education. So you all want to help everyone. Let's not be selfish. Let's all love each other. Go out there and share the wealth. If you like what you saw, and if it's not for you and you know somebody that is doing this, say, hey, listen, do yourself a favor. Why don't you go listen to Fausto? Why don't you see what they're doing over there and see if you're on the right path because it really sucks to blow up your account. And you shouldn't have to. All right, guys, thank you so much. A couple more shout-outs really quick of the registrations. Thomas Burns, I just got yours from Oklahoma. Michael from Oakland Park, Illinois. He's got your registration. And I don't know who this is. Daniel Singh from Tennessee. I got your registration. I see more coming in. All right, guys, don't go anywhere. I'm going to play the video. I look forward to seeing you in the trading room. If you have any questions, if you anything you want, or maybe you want to know a different... Someone else that could teach you how to trade regarding about futures and forex. You know, please take my email. Drop me a call and I'll recommend who I recommend you. All right, guys, thank everybody. Thank you very much. Happy trading, everybody. See you all in the trading room and be safe. Welcome to Nasdaq Trade Talks. I'm Jill Melandrino, global market reporter at Nasdaq. Joining me at the market site in Times Square, New York City. We have Fausto Puglisi as the founder and president of Cyber Trading University. We're going to take a look at how traders are using TotalView and Fausto. It could not be a better time to have you in with us at Marketplace because with everything going on the ball, we've seen the market since you were with us in the middle of February last time. That was pretty crazy. Traders are asking themselves, what's the box? The top, but as a day trader, you can kind of get an inside look when you're looking at a single stack. What is Jill is that, thanks for having me again. And yes, when it comes to day trading, people realize that what happens over the course of the day which trickles down to a swing trade into a long-term investment and my phone's been blown up. People could ask me, Fausto, is this the bottom? Is this the bottom? Because we're looking at the market all day and honestly, this is how you really know it's the bottom. When you have the worst of the worst of the worst news and just constantly old negative stuff and the market's not going any lower, that's when you know it's time to buy. So as you see, a lot of bad news keeps coming up and then obviously, so what happened yesterday when they load the Fed rate by a half, it took for a big decline and all of a sudden, the market's up almost like 900 points so far. So, and there's still a lot of bad news that's coming out with the coronavirus and everything else, but that's really when you know when you hit the bottom. So for some of the listeners out there that really were missed a boat when the market had a big rally, you almost hit 30,000, these are the opportunities. Honestly, it is like the same thing I saw back in 2008 when we had the financial crisis. So once you start seeing all the bad news, things start going up. All right, let's take a look at our example here today. We're going to look at ticker symbol MRNA, that's like listed of course. What are we looking at? Where's the levels that you're looking to sell? Okay, so listen, what is MRNA? I keep bringing up stocks and people like, what is this company? It doesn't matter, we're just here to make money. The main goal about TotalView and you have to understand how it works, how to know where the buyers and sellers are. It's all about supply and demand. That's why it's such a great tool. So we're looking at a chart right here and we're looking at the stock right here. And the first thing people notice is like the stock's going up beautifully. Nice, look at the stock. Started this morning, it's at 2580, it's at 28, is it going higher? Now the goal is, why does the stock keep breaking out? It hits a resistance, it comes back down. It breaks the previous resistance, keeps going up. How do you know it's going to keep breaking higher highs? And what we're going to do this time is we're going to bring a video so you all can see exactly what it's like to see in the real market conditions. All right, so let's move on to our next slide here. That's exactly what we're doing. Let's take a look at TotalView. I'm going to let you take the reins. Tell us what's happening here. Okay, so we've got like a little minute video here. So we're looking at some real time and the key here is time and sales. These are the transactions that are taking place. We're looking at level two. Level two is basically what people get for free, but it doesn't give you the depth of data as TotalView does. Now the key here is that you see, you don't see that many sellers out there. You're just seeing the best bid and best offer of that exchange. But you'll notice how the stock keeps going higher. What we need to focus on is the where you see the big sellers and you're looking for big orders. You've got a 50, 51 different orders out there right around 20, 28 things going so quickly. I try to slow it down. So right around 28, 20, 850. So that is really your resistance level. So when you're looking at a stock going out, the going higher, you're going to say, is the stock going to break out? So you see it's coming up to this guy right here really quickly. You see it's coming up. It's come up to this person right here. 70,000 shares, 5,000 shares. So it's going to come up to that seller. Now the goal is this. Is that guy going to get executed? Remember, you have 100 share sellers, 300 shares, 1,000. You have a big order out there. You want to see if that guy gets executed and you want to see if that's how it breaks out. Remember, what makes support and resistance levels is buyers and sellers. So you've got a seller out there. So we're coming up to that seller right here. And now the goal is is to look right here and see if that seller gets executed. And you see it's coming up to the seller and boom, the guy gets taken out. It's actually executing it. Boom, boom, boom, boom, boom, look at that. See all those trades actions? It took the guy out. Now look how fast the stock goes up. From 250, we're at 260, 270, 280. Boom, like that. As quickly as that. That's why it's so important to know where the orders are, know where the resistance, and see if the guy gets taken out. Now when we get to the next slide, look at it. We're already at 2880. Yep. And you can see it starts to see it's 35,000 orders. Exactly. Now this is the next order. Now the next question is here's the next biggest resistance. There's 33,000 shares. There's 100 different orders out there. Now then that's where the next resistance level is. So the goal is you hit a resistance, where's the next resistance? The next resistance is the next biggest seller. So now we're coming up to him and we're going to see what's going to happen when he gets to 29. Yeah, it happens so fast. Well, also this is about a five-minute video that I was able to capture when we traded the stock and I kind of speeded it up over about a minute. So it doesn't move as quickly. Boom, we hit 29. The guy got taken out again and look at the stock just took off again. And the thing I want to explain to you, Jill, is that when your listeners have to understand is that when you have a big seller out there and that guy gets taken out, that is a very big demand. Someone says, oh wow, I'll take that 30,000 shares and that's why you get the stock that really, really starts to take off. Now the next thing is that you're going to get some resistance levels. People, it's going to start backing off. There's always profit taking going on. Of course. So when you have profit taking going on, you could see profit taking going on. But the question is, is it really a profit taking or is it just people just, or is it really going to go lower? In this case, it's not. Seller got done. We just watched the stock go from 28 to 29. Now look at it. We're at 2950 already. Stock keeps going higher and higher because those sellers are getting executed. As those sellers get executed, that means there's a demand for it. When you see big block orders out there, it makes a bigger demand and that makes it higher. Now the next resistance level obviously is going to be where we have to focus on where the next biggest orders are. So we got some, we freeze, right? We're done. Nope, we have a little bit more to go here. We slow down over here. Yep, we're done. So the next video we're going to show. Yeah, we actually go to our side here. So this is where you're looking at those levels. Right. So we look at this seller. So we have a 67,000 share seller at 28. So now we have to look what's what's what we call iceberg orders. What does that mean? Okay. So it's a funny story. So I came up with this word about 20 years ago after watching the movie, the Titanic. Okay. Actually, go watch that movie. Very sad movie. I definitely am recommended. So anyway, what happened to Titanic? It hit an iceberg. And the thing is everybody was focused on the pretty of the ship and above the water. They didn't realize it's not what's above the woods, the bottom of the water. Icebergs are really big. So what happened, it crashed and it sunk. So what we're looking for is big iceberg orders, which we call, some people call them big block orders, but when you see a big, big order, it's called an iceberg order. So now we're looking at a 2890 and we're looking for a resistance. Once again, stock's going higher. We need to focus on the next resistance level. All right. Which is on the next chart here, particularly. Yep. So here's just a quick little screenshot. So as we're looking at it, you see, it's a lot easier when you're focusing on, when you're just looking at the level of the total view. And it's easy to point it out. Now please keep in mind, you'll just have to understand we're fast-forwarding this pretty quickly to get to the point. It doesn't move this quickly. But I'm showing right here is the quick screenshot. What we're focusing on is this big order right here for 73,000 chairs. And there's 30, there's 315 different orders out there making up that 73,000. Now the thing I just want to point out is I was going to teach everyone a quick little lesson. Yeah. Don't ever sell anything at $30. Go out of $29.99. You just cut the line by. So that's for anything that's like an even number. Biggest trick I was told by my mentors when I was younger. Listen, everybody's going to think 30. Everybody's going to think 20. Go out $21.99. You just cut the line by 73,000 chairs. So it's a very good lesson. It's like selling a house or buying a house. It's like those incremental psychological levels. Well, if you remember, if you look at it, the stock has a penny intervals. So that's a little tip. But the thing is, let's focus what happens to the 30. You know, just right off the bat, you know that's a major resistance level and that's what we have to focus on. That's for this to stock to go any higher, it's got to get through that 73,000 chair seller on total view. All right. Well, let's take a look at that next side. See what happens next. Now we're going to get the other piece of the trade. Okay. So now we're looking at the stock moving. Here's 29.45, 29.48, 62, 67. So the sellers are getting executed. You can see the transaction is taking place. But we know that there's that guy sitting right here. And now his order is coming up. Look, as he's starting to make up the ranking, it's getting up to 30. It's getting close to him. So let's watch what happens. 74, 70. Look at the transaction is taking place. It's trying to get there. And by the way, those orders, they're all real. People think like they're fake. Those are real orders. Can a guy cancel it? Of course they can cancel it. But that you have to take very seriously and that's a real order out there. So now as we're looking at it and as it's trading, it's trying to get there. Actually, it kind of almost tested it. You see that right there? Yep. You see that candle right there? It's hit it and now starting to back awfully. Now you're starting to see the red candlesticks. So now it means that the last sale is lower than the previous. And this works for all kinds of stocks. ETFs, would it work for ETFs also? ETFs, futures, it works the same way. Remember, it's the move in the stock that makes all those other things. ETFs and everything else. You could look up any ETF and it'll come up on total view. Look, now we're down to 29. So my point that I'm getting to is this, if you didn't have a game plan, Jill, and didn't know that that seller was out there and you try to like... And actually if we go to the next slide, this is exactly what you were talking about. There's your level right there. If you didn't have a game plan and knew that seller was out there and look at that candle, that stock literally moved. Look how fast it moved in that one bar chart. If you didn't have a game plan to get out there before that guy was out there and if you didn't, what we call shaving, if you didn't shave just before that 30 and cut that line, guess what? You would just look how much money you would have lost. That stock didn't even drop from 30. Look where it went to. 2730, you would have got crushed on that trade. Because what happens, if that seller's out there and he's not getting executed, he really had to sell that order, Jill. How is he going to get out? He's got to sell to the buyers. If he hits the bid, he's learning that stock down, not you and I. Remember, we're not trading $74,000. Someone else is, and it's not one person. We saw it. It was like there were several people out there doing it. And that's how you got to focus on using the total view when you trade in today's volatile markets. All right. It's so cool to actually watch it happen in real time. Thanks so much for doing that for us, Valso. And thank you for joining us.